# EDGAR Filing Document

**Accession Number:** 0001804196
**File Stem:** 0001410368-26-031731
**Filing Date:** 2026-3
**Character Count:** 441566
**Document Hash:** 375d3458b4e0dd4b68082309f5ba24b0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-031731.hdr.sgml**: 20260326

**ACCESSION NUMBER**: 0001410368-26-031731

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260326

**DATE AS OF CHANGE**: 20260326

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BlackRock ETF Trust II
- **CENTRAL INDEX KEY:** 0001804196

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23511
- **FILM NUMBER:** 26795902

**BUSINESS ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809
- **BUSINESS PHONE:** 800 882 0052

**MAIL ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809

## Series and Classes Contracts Data

### iShares Global Government Bond USD Hedged Active ETF (Series ID: S000092377)

| Class ID   | Class Name                                           | Ticker Symbol   |
|:---|:---|:---|
| C000260349 | iShares Global Government Bond USD Hedged Active ETF |  |

## Nport-Ex

January 31, 2026

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

2026 Quarterly Report <br>&nbsp;&nbsp;&nbsp;&nbsp;(Unaudited)<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| |
|:---|
| **BlackRock ETF Trust II** |
| • iShares Global Government Bond USD Hedged Active ETF \| GGOV \| NYSE Arca |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**Not FDIC Insured • May Lose Value • No Bank Guarantee**<br>

------

Schedule of Investments (unaudited)

January 31, 2026

**iShares Global Government Bond USD Hedged Active ETF**

**(Percentages shown are based on Net Assets)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Foreign Government Obligations** | **Foreign Government Obligations** | **Foreign Government Obligations** |
| **Australia — 1.2%** | **Australia — 1.2%** | **Australia — 1.2%** |
| Australia Government Bonds |  |  |
| &nbsp;&nbsp;&nbsp; 1.00%, 12/21/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; AUD30 | $17820 |
| &nbsp;&nbsp;&nbsp; 1.00%, 11/21/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; AUD20 | 11485 |
| &nbsp;&nbsp;&nbsp; 1.25%, 05/21/32 | &nbsp;&nbsp;&nbsp; AUD140 | 80200 |
| &nbsp;&nbsp;&nbsp; 1.75%, 06/21/51<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; AUD30 | 10599 |
| &nbsp;&nbsp;&nbsp; 2.75%, 11/21/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; AUD100 | 67907 |
| &nbsp;&nbsp;&nbsp; 2.75%, 11/21/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; AUD230 | 151518 |
| &nbsp;&nbsp;&nbsp; 2.75%, 05/21/41<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; AUD37 | 19456 |
| &nbsp;&nbsp;&nbsp; 3.75%, 05/21/34<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; AUD20 | 13021 |
| &nbsp;&nbsp;&nbsp; 4.25%, 06/21/34<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; AUD120 | 80938 |
| &nbsp;&nbsp;&nbsp; 4.25%, 03/21/36<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; AUD85 | 56531 |
| &nbsp;&nbsp;&nbsp; 4.25%, 10/21/36<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; AUD20 | 13239 |
| &nbsp;&nbsp;&nbsp; 4.75%, 06/21/54<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; AUD10 | 6423 |
|  |  | 529137 |
| **Austria — 0.8%** | **Austria — 0.8%** | **Austria — 0.8%** |
| Republic of Austria Government Bonds |  |  |
| &nbsp;&nbsp;&nbsp; 0.50%, 04/20/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR39 | 45412 |
| &nbsp;&nbsp;&nbsp; 0.70%, 04/20/71<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR30 | 12302 |
| &nbsp;&nbsp;&nbsp; 0.75%, 03/20/51<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; EUR23 | 13994 |
| &nbsp;&nbsp;&nbsp; 2.50%, 10/20/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR80 | 95236 |
| &nbsp;&nbsp;&nbsp; 2.90%, 02/20/33<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR40 | 47702 |
| &nbsp;&nbsp;&nbsp; 2.95%, 02/20/35<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR43 | 50638 |
| &nbsp;&nbsp;&nbsp; 3.15%, 06/20/44<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR25 | 27792 |
| &nbsp;&nbsp;&nbsp; 3.15%, 10/20/53<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR10 | 10511 |
| &nbsp;&nbsp;&nbsp; 3.20%, 02/20/36<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR10 | 11908 |
| &nbsp;&nbsp;&nbsp; 3.20%, 07/15/39<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR27 | 31351 |
| &nbsp;&nbsp;&nbsp; 3.45%, 10/20/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR10 | 12339 |
|  |  | 359185 |
| **Belgium — 1.1%** | **Belgium — 1.1%** | **Belgium — 1.1%** |
| Kingdom of Belgium Government Bonds |  |  |
| &nbsp;&nbsp;&nbsp; 0.00%, 10/22/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR40 | 45760 |
| &nbsp;&nbsp;&nbsp; 0.35%, 06/22/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR40 | 40631 |
| &nbsp;&nbsp;&nbsp; 1.70%, 06/22/50<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; EUR30 | 22173 |
| &nbsp;&nbsp;&nbsp; 2.60%, 10/22/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR30 | 35568 |
| &nbsp;&nbsp;&nbsp; 2.70%, 10/22/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR10 | 11964 |
| &nbsp;&nbsp;&nbsp; 2.85%, 10/22/34<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR40 | 46320 |
| &nbsp;&nbsp;&nbsp; 3.00%, 06/22/33<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR40 | 47524 |
| &nbsp;&nbsp;&nbsp; 3.10%, 06/22/35<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR10 | 11709 |
| &nbsp;&nbsp;&nbsp; 3.40%, 06/22/36<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR67 | 79615 |
| &nbsp;&nbsp;&nbsp; 3.45%, 06/22/42<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR30 | 33749 |
| &nbsp;&nbsp;&nbsp; 3.45%, 06/22/43<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR60 | 66941 |
| &nbsp;&nbsp;&nbsp; 3.50%, 06/22/55<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR20 | 20625 |
|  |  | 462579 |
| **Canada — 1.7%** | **Canada — 1.7%** | **Canada — 1.7%** |
| Canada Government Bonds |  |  |
| &nbsp;&nbsp;&nbsp; 2.00%, 12/01/51 | &nbsp;&nbsp;&nbsp; CAD83 | 42398 |
| &nbsp;&nbsp;&nbsp; 2.50%, 08/01/27 | &nbsp;&nbsp;&nbsp; CAD100 | 73470 |
| &nbsp;&nbsp;&nbsp; 2.75%, 09/01/30 | &nbsp;&nbsp;&nbsp; CAD172 | 125345 |
| &nbsp;&nbsp;&nbsp; 2.75%, 12/01/55 | &nbsp;&nbsp;&nbsp; CAD10 | 5886 |
| &nbsp;&nbsp;&nbsp; 3.00%, 03/01/32 | &nbsp;&nbsp;&nbsp; CAD195 | 142584 |
| &nbsp;&nbsp;&nbsp; 3.25%, 09/01/28 | &nbsp;&nbsp;&nbsp; CAD105 | 78257 |
| &nbsp;&nbsp;&nbsp; 3.25%, 12/01/33 | &nbsp;&nbsp;&nbsp; CAD10 | 7339 |
| &nbsp;&nbsp;&nbsp; 3.25%, 06/01/35 | &nbsp;&nbsp;&nbsp; CAD115 | 83561 |
| &nbsp;&nbsp;&nbsp; 3.25%, 12/01/35 | &nbsp;&nbsp;&nbsp; CAD30 | 21714 |
| &nbsp;&nbsp;&nbsp; 3.50%, 03/01/28 | &nbsp;&nbsp;&nbsp; CAD30 | 22445 |
| &nbsp;&nbsp;&nbsp; 3.50%, 03/01/34 | &nbsp;&nbsp;&nbsp; CAD20 | 14915 |
| &nbsp;&nbsp;&nbsp; 3.50%, 12/01/45 | &nbsp;&nbsp;&nbsp; CAD22 | 15573 |
| &nbsp;&nbsp;&nbsp; 3.50%, 12/01/56 | &nbsp;&nbsp;&nbsp; CAD10 | 6851 |
| &nbsp;&nbsp;&nbsp; 3.50%, 12/01/57 | &nbsp;&nbsp;&nbsp; CAD60 | 41041 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Canada (continued)** | **Canada (continued)** | **Canada (continued)** |
| &nbsp;&nbsp;&nbsp; 4.00%, 03/01/29 | &nbsp;&nbsp;&nbsp; CAD70 | $53341 |
| &nbsp;&nbsp;&nbsp; 4.00%, 06/01/41 | &nbsp;&nbsp;&nbsp; CAD17 | 12975 |
|  |  | 747695 |
| **Chile — 0.1%** | **Chile — 0.1%** | **Chile — 0.1%** |
| Bonos de la Tesoreria de la Republica en pesos |  |  |
| &nbsp;&nbsp;&nbsp; 5.10%, 07/15/50 | &nbsp;&nbsp;&nbsp; CLP5,000 | 5432 |
| &nbsp;&nbsp;&nbsp; 5.80%, 10/01/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; CLP10,000 | 11833 |
| &nbsp;&nbsp;&nbsp; 5.80%, 10/01/34<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; CLP25,000 | 29597 |
|  |  | 46862 |
| **China — 7.6%** | **China — 7.6%** | **China — 7.6%** |
| China Government Bonds |  |  |
| &nbsp;&nbsp;&nbsp; 1.40%, 11/25/28 | &nbsp;&nbsp;&nbsp; CNY500 | 71801 |
| &nbsp;&nbsp;&nbsp; 1.42%, 08/15/28 | &nbsp;&nbsp;&nbsp; CNY690 | 99126 |
| &nbsp;&nbsp;&nbsp; 1.44%, 09/15/27 | &nbsp;&nbsp;&nbsp; CNY440 | 63182 |
| &nbsp;&nbsp;&nbsp; 1.65%, 05/15/35 | &nbsp;&nbsp;&nbsp; CNY470 | 66660 |
| &nbsp;&nbsp;&nbsp; 1.83%, 08/25/35 | &nbsp;&nbsp;&nbsp; CNY1,330 | 191307 |
| &nbsp;&nbsp;&nbsp; 1.85%, 05/15/27 | &nbsp;&nbsp;&nbsp; CNY1,860 | 268838 |
| &nbsp;&nbsp;&nbsp; 1.92%, 01/15/55 | &nbsp;&nbsp;&nbsp; CNY300 | 39468 |
| &nbsp;&nbsp;&nbsp; 2.04%, 11/25/34 | &nbsp;&nbsp;&nbsp; CNY50 | 7337 |
| &nbsp;&nbsp;&nbsp; 2.11%, 08/25/34 | &nbsp;&nbsp;&nbsp; CNY1,180 | 174210 |
| &nbsp;&nbsp;&nbsp; 2.27%, 05/25/34 | &nbsp;&nbsp;&nbsp; CNY370 | 55281 |
| &nbsp;&nbsp;&nbsp; 2.35%, 02/25/34 | &nbsp;&nbsp;&nbsp; CNY1,270 | 190732 |
| &nbsp;&nbsp;&nbsp; 2.37%, 01/15/29 | &nbsp;&nbsp;&nbsp; CNY1,900 | 280558 |
| &nbsp;&nbsp;&nbsp; 2.40%, 07/15/28 | &nbsp;&nbsp;&nbsp; CNY970 | 142791 |
| &nbsp;&nbsp;&nbsp; 2.44%, 10/15/27 | &nbsp;&nbsp;&nbsp; CNY660 | 96631 |
| &nbsp;&nbsp;&nbsp; 2.48%, 09/25/28 | &nbsp;&nbsp;&nbsp; CNY690 | 102014 |
| &nbsp;&nbsp;&nbsp; 2.52%, 08/25/33 | &nbsp;&nbsp;&nbsp; CNY760 | 115375 |
| &nbsp;&nbsp;&nbsp; 2.64%, 01/15/28 | &nbsp;&nbsp;&nbsp; CNY1,240 | 182773 |
| &nbsp;&nbsp;&nbsp; 2.65%, 03/25/74 | &nbsp;&nbsp;&nbsp; CNY170 | 26067 |
| &nbsp;&nbsp;&nbsp; 2.67%, 05/25/33 | &nbsp;&nbsp;&nbsp; CNY270 | 41373 |
| &nbsp;&nbsp;&nbsp; 2.67%, 11/25/33 | &nbsp;&nbsp;&nbsp; CNY1,540 | 236568 |
| &nbsp;&nbsp;&nbsp; 3.27%, 08/22/46 | &nbsp;&nbsp;&nbsp; CNY320 | 53387 |
| &nbsp;&nbsp;&nbsp; 3.39%, 03/16/50 | &nbsp;&nbsp;&nbsp; CNY1,050 | 179442 |
| &nbsp;&nbsp;&nbsp; 3.52%, 04/25/46 | &nbsp;&nbsp;&nbsp; CNY410 | 70022 |
| &nbsp;&nbsp;&nbsp; 3.94%, 07/27/45 | &nbsp;&nbsp;&nbsp; CNY190 | 34443 |
| &nbsp;&nbsp;&nbsp; 3.96%, 07/29/40 | &nbsp;&nbsp;&nbsp; CNY960 | 170513 |
| &nbsp;&nbsp;&nbsp; 4.00%, 06/24/69 | &nbsp;&nbsp;&nbsp; CNY450 | 92125 |
| &nbsp;&nbsp;&nbsp; 4.22%, 03/19/48 | &nbsp;&nbsp;&nbsp; CNY560 | 106596 |
| &nbsp;&nbsp;&nbsp; 4.28%, 10/23/47 | &nbsp;&nbsp;&nbsp; CNY410 | 78450 |
|  |  | 3237070 |
| **Czech Republic — 0.3%** | **Czech Republic — 0.3%** | **Czech Republic — 0.3%** |
| Czech Republic Government Bonds |  |  |
| &nbsp;&nbsp;&nbsp; 0.05%, 11/29/29 | &nbsp;&nbsp;&nbsp; CZK970 | 41357 |
| &nbsp;&nbsp;&nbsp; 3.60%, 06/03/36 | &nbsp;&nbsp;&nbsp; CZK720 | 32641 |
| &nbsp;&nbsp;&nbsp; 4.50%, 11/11/32 | &nbsp;&nbsp;&nbsp; CZK670 | 33436 |
| &nbsp;&nbsp;&nbsp; 6.20%, 06/16/31 | &nbsp;&nbsp;&nbsp; CZK300 | 16237 |
|  |  | 123671 |
| **Denmark — 0.2%** | **Denmark — 0.2%** | **Denmark — 0.2%** |
| Denmark Government Bonds |  |  |
| &nbsp;&nbsp;&nbsp; 0.00%, 11/15/31 | &nbsp;&nbsp;&nbsp; DKK180 | 25062 |
| &nbsp;&nbsp;&nbsp; 0.25%, 11/15/52<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; DKK80 | 6074 |
| &nbsp;&nbsp;&nbsp; 0.50%, 11/15/27 | &nbsp;&nbsp;&nbsp; DKK100 | 15525 |
| &nbsp;&nbsp;&nbsp; 2.25%, 11/15/35 | &nbsp;&nbsp;&nbsp; DKK100 | 15276 |
| &nbsp;&nbsp;&nbsp; 4.50%, 11/15/39 | &nbsp;&nbsp;&nbsp; DKK80 | 14979 |
|  |  | 76916 |
| **Finland — 0.4%** | **Finland — 0.4%** | **Finland — 0.4%** |
| Finland Government Bonds |  |  |
| &nbsp;&nbsp;&nbsp; 0.13%, 09/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR40 | 41234 |
| &nbsp;&nbsp;&nbsp; 0.25%, 09/15/40<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; EUR10 | 7460 |
| &nbsp;&nbsp;&nbsp; 2.75%, 04/15/38<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR10 | 11152 |

---

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares Global Government Bond USD Hedged Active ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Finland (continued)** | **Finland (continued)** | **Finland (continued)** |
| &nbsp;&nbsp;&nbsp; 2.88%, 04/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR37 | $44612 |
| &nbsp;&nbsp;&nbsp; 2.95%, 04/15/55<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR10 | 9953 |
| &nbsp;&nbsp;&nbsp; 3.00%, 09/15/33<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR10 | 11948 |
| &nbsp;&nbsp;&nbsp; 3.00%, 09/15/35<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR23 | 27036 |
| &nbsp;&nbsp;&nbsp; 3.20%, 04/15/45<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR15 | 16628 |
|  |  | 170023 |
| **France — 5.5%** | **France — 5.5%** | **France — 5.5%** |
| French Republic Government Bonds |  |  |
| &nbsp;&nbsp;&nbsp; 0.50%, 05/25/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR150 | 167086 |
| &nbsp;&nbsp;&nbsp; 1.25%, 05/25/36<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 95655 |
| &nbsp;&nbsp;&nbsp; 1.25%, 05/25/38<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR170 | 153065 |
| &nbsp;&nbsp;&nbsp; 1.75%, 05/25/66<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR130 | 77860 |
| &nbsp;&nbsp;&nbsp; 2.40%, 09/24/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR60 | 71280 |
| &nbsp;&nbsp;&nbsp; 2.50%, 09/24/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR140 | 166880 |
| &nbsp;&nbsp;&nbsp; 2.70%, 02/25/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR140 | 165786 |
| &nbsp;&nbsp;&nbsp; 2.75%, 02/25/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR305 | 365436 |
| &nbsp;&nbsp;&nbsp; 2.75%, 02/25/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR160 | 191079 |
| &nbsp;&nbsp;&nbsp; 3.00%, 05/25/33<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR150 | 176840 |
| &nbsp;&nbsp;&nbsp; 3.20%, 05/25/35<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR150 | 175492 |
| &nbsp;&nbsp;&nbsp; 3.50%, 11/25/33<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR160 | 194076 |
| &nbsp;&nbsp;&nbsp; 3.50%, 11/25/35<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR50 | 59605 |
| &nbsp;&nbsp;&nbsp; 3.60%, 05/25/42<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR72 | 81597 |
| &nbsp;&nbsp;&nbsp; 3.75%, 05/25/56<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR148 | 156586 |
| &nbsp;&nbsp;&nbsp; 4.10%, 05/25/46<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR43 | 50789 |
|  |  | 2349112 |
| **Germany — 1.4%** | **Germany — 1.4%** | **Germany — 1.4%** |
| Bundesobligation |  |  |
| &nbsp;&nbsp;&nbsp; 2.10%, 04/12/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR60 | 70901 |
| &nbsp;&nbsp;&nbsp; 2.40%, 10/19/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR120 | 143203 |
| &nbsp;&nbsp;&nbsp; 2.40%, 04/18/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR27 | 32107 |
| Bundesrepublik Deutschland Bundesanleihe |  |  |
| &nbsp;&nbsp;&nbsp; 1.25%, 08/15/48<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR192 | 150123 |
| &nbsp;&nbsp;&nbsp; 1.80%, 08/15/53<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR20 | 16700 |
| &nbsp;&nbsp;&nbsp; 2.50%, 11/15/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR75 | 88454 |
| &nbsp;&nbsp;&nbsp; 2.50%, 08/15/46<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR40 | 41287 |
| &nbsp;&nbsp;&nbsp; 2.60%, 05/15/41<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR60 | 65820 |
|  |  | 608595 |
| **Greece — 0.2%** | **Greece — 0.2%** | **Greece — 0.2%** |
| Hellenic Republic Government Bonds |  |  |
| &nbsp;&nbsp;&nbsp; 1.75%, 06/18/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR20 | 22108 |
| &nbsp;&nbsp;&nbsp; 3.63%, 06/15/35<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR25 | 30295 |
| &nbsp;&nbsp;&nbsp; 3.88%, 06/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR23 | 28269 |
| &nbsp;&nbsp;&nbsp; 4.13%, 06/15/54<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR4 | 4658 |
| &nbsp;&nbsp;&nbsp; 4.20%, 01/30/42<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR13 | 16055 |
|  |  | 101385 |
| **Hungary — 0.1%** | **Hungary — 0.1%** | **Hungary — 0.1%** |
| Hungary Government Bonds |  |  |
| &nbsp;&nbsp;&nbsp; 2.00%, 05/23/29 | &nbsp;&nbsp;&nbsp; HUF9,900 | 27060 |
| &nbsp;&nbsp;&nbsp; 2.25%, 04/20/33 | &nbsp;&nbsp;&nbsp; HUF8,350 | 19879 |
| &nbsp;&nbsp;&nbsp; 7.00%, 10/24/35 | &nbsp;&nbsp;&nbsp; HUF3,000 | 9591 |
|  |  | 56530 |
| **Indonesia — 0.7%** | **Indonesia — 0.7%** | **Indonesia — 0.7%** |
| Indonesia Treasury Bonds |  |  |
| &nbsp;&nbsp;&nbsp; 6.25%, 06/15/36 | &nbsp;&nbsp;&nbsp; IDR179,000 | 10652 |
| &nbsp;&nbsp;&nbsp; 6.38%, 08/15/28 | &nbsp;&nbsp;&nbsp; IDR686,000 | 42019 |
| &nbsp;&nbsp;&nbsp; 6.38%, 04/15/32 | &nbsp;&nbsp;&nbsp; IDR960,000 | 58051 |
| &nbsp;&nbsp;&nbsp; 6.50%, 07/15/30 | &nbsp;&nbsp;&nbsp; IDR756,000 | 46317 |
| &nbsp;&nbsp;&nbsp; 6.75%, 07/15/35 | &nbsp;&nbsp;&nbsp; IDR902,000 | 55244 |
| &nbsp;&nbsp;&nbsp; 6.88%, 08/15/51 | &nbsp;&nbsp;&nbsp; IDR225,000 | 13559 |
| &nbsp;&nbsp;&nbsp; 7.00%, 02/15/33 | &nbsp;&nbsp;&nbsp; IDR150,000 | 9263 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Indonesia (continued)** | **Indonesia (continued)** | **Indonesia (continued)** |
| &nbsp;&nbsp;&nbsp; 7.13%, 08/15/40 | &nbsp;&nbsp;&nbsp; IDR784,000 | $49091 |
| &nbsp;&nbsp;&nbsp; 7.13%, 08/15/45 | &nbsp;&nbsp;&nbsp; IDR307,000 | 19308 |
| &nbsp;&nbsp;&nbsp; 7.38%, 05/15/48 | &nbsp;&nbsp;&nbsp; IDR121,000 | 7701 |
|  |  | 311205 |
| **Ireland — 0.3%** | **Ireland — 0.3%** | **Ireland — 0.3%** |
| Ireland Government Bonds |  |  |
| &nbsp;&nbsp;&nbsp; 0.90%, 05/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR15 | 17310 |
| &nbsp;&nbsp;&nbsp; 1.35%, 03/18/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR40 | 44912 |
| &nbsp;&nbsp;&nbsp; 2.60%, 10/18/34<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR31 | 35776 |
| &nbsp;&nbsp;&nbsp; 3.00%, 10/18/43<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR21 | 23362 |
| &nbsp;&nbsp;&nbsp; 3.15%, 10/18/55<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR13 | 13739 |
|  |  | 135099 |
| **Israel — 0.3%** | **Israel — 0.3%** | **Israel — 0.3%** |
| Israel Government Bonds |  |  |
| &nbsp;&nbsp;&nbsp; 1.30%, 04/30/32 | &nbsp;&nbsp;&nbsp; ILS50 | 14045 |
| &nbsp;&nbsp;&nbsp; 2.80%, 11/29/52 | &nbsp;&nbsp;&nbsp; ILS38 | 9150 |
| &nbsp;&nbsp;&nbsp; 3.75%, 02/28/29 | &nbsp;&nbsp;&nbsp; ILS170 | 55222 |
| &nbsp;&nbsp;&nbsp; 3.75%, 03/31/47 | &nbsp;&nbsp;&nbsp; ILS36 | 10793 |
| &nbsp;&nbsp;&nbsp; 4.00%, 03/30/35 | &nbsp;&nbsp;&nbsp; ILS112 | 36668 |
|  |  | 125878 |
| **Italy — 5.1%** | **Italy — 5.1%** | **Italy — 5.1%** |
| Italy Buoni Poliennali Del Tesoro |  |  |
| &nbsp;&nbsp;&nbsp; 2.10%, 08/26/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR140 | 165862 |
| &nbsp;&nbsp;&nbsp; 2.55%, 02/25/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR190 | 226301 |
| &nbsp;&nbsp;&nbsp; 2.65%, 06/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR30 | 35869 |
| &nbsp;&nbsp;&nbsp; 2.70%, 10/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR110 | 131575 |
| &nbsp;&nbsp;&nbsp; 2.95%, 02/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR80 | 95665 |
| &nbsp;&nbsp;&nbsp; 3.15%, 11/15/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR80 | 96327 |
| &nbsp;&nbsp;&nbsp; 3.15%, 03/15/33<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 119176 |
| &nbsp;&nbsp;&nbsp; 3.25%, 07/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR45 | 54235 |
| &nbsp;&nbsp;&nbsp; 3.25%, 11/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR30 | 36065 |
| &nbsp;&nbsp;&nbsp; 3.45%, 07/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR30 | 36233 |
| &nbsp;&nbsp;&nbsp; 3.45%, 07/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR90 | 110177 |
| &nbsp;&nbsp;&nbsp; 3.60%, 10/01/35<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR125 | 150668 |
| &nbsp;&nbsp;&nbsp; 3.65%, 08/01/35<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR110 | 133316 |
| &nbsp;&nbsp;&nbsp; 3.85%, 07/01/34<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR110 | 136212 |
| &nbsp;&nbsp;&nbsp; 3.85%, 02/01/35<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 123466 |
| &nbsp;&nbsp;&nbsp; 3.85%, 10/01/40<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR90 | 106854 |
| &nbsp;&nbsp;&nbsp; 4.10%, 04/30/46<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR23 | 27386 |
| &nbsp;&nbsp;&nbsp; 4.30%, 10/01/54<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR54 | 64023 |
| &nbsp;&nbsp;&nbsp; 4.45%, 09/01/43<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR26 | 32612 |
| &nbsp;&nbsp;&nbsp; 4.50%, 10/01/53<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR81 | 99434 |
| &nbsp;&nbsp;&nbsp; 4.65%, 10/01/55<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR62 | 77328 |
| &nbsp;&nbsp;&nbsp; 5.75%, 02/01/33<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 138764 |
|  |  | 2197548 |
| **Japan — 13.9%** | **Japan — 13.9%** | **Japan — 13.9%** |
| Japan Government Five Year Bonds |  |  |
| &nbsp;&nbsp;&nbsp; 0.50%, 06/20/29 | &nbsp;&nbsp;&nbsp; JPY5,400 | 33793 |
| &nbsp;&nbsp;&nbsp; 1.00%, 03/20/30 | &nbsp;&nbsp;&nbsp; JPY34,800 | 219816 |
| &nbsp;&nbsp;&nbsp; 1.00%, 06/20/30 | &nbsp;&nbsp;&nbsp; JPY43,350 | 273083 |
| &nbsp;&nbsp;&nbsp; 1.10%, 06/20/30 | &nbsp;&nbsp;&nbsp; JPY31,750 | 200871 |
| &nbsp;&nbsp;&nbsp; 1.30%, 09/20/30 | &nbsp;&nbsp;&nbsp; JPY13,300 | 84690 |
| &nbsp;&nbsp;&nbsp; 1.40%, 09/20/30 | &nbsp;&nbsp;&nbsp; JPY16,400 | 104913 |
| Japan Government Forty Year Bonds |  |  |
| &nbsp;&nbsp;&nbsp; 2.20%, 03/20/49 | &nbsp;&nbsp;&nbsp; JPY5,500 | 28788 |
| &nbsp;&nbsp;&nbsp; 2.20%, 03/20/50 | &nbsp;&nbsp;&nbsp; JPY20,200 | 103647 |
| &nbsp;&nbsp;&nbsp; 2.20%, 03/20/51 | &nbsp;&nbsp;&nbsp; JPY28,000 | 140852 |
| &nbsp;&nbsp;&nbsp; 2.20%, 03/20/64 | &nbsp;&nbsp;&nbsp; JPY21,200 | 95210 |
| &nbsp;&nbsp;&nbsp; 2.40%, 03/20/48 | &nbsp;&nbsp;&nbsp; JPY35,200 | 194896 |
| &nbsp;&nbsp;&nbsp; 3.10%, 03/20/65 | &nbsp;&nbsp;&nbsp; JPY2,250 | 12775 |

---

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares Global Government Bond USD Hedged Active ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Japan (continued)** | **Japan (continued)** | **Japan (continued)** |
| Japan Government Ten Year Bonds |  |  |
| &nbsp;&nbsp;&nbsp; 0.50%, 12/20/32 | &nbsp;&nbsp;&nbsp; JPY11,150 | $65710 |
| &nbsp;&nbsp;&nbsp; 0.70%, 12/20/33 | &nbsp;&nbsp;&nbsp; JPY45,250 | 264377 |
| &nbsp;&nbsp;&nbsp; 1.00%, 03/20/34 | &nbsp;&nbsp;&nbsp; JPY45,750 | 272570 |
| &nbsp;&nbsp;&nbsp; 1.60%, 09/20/35 | &nbsp;&nbsp;&nbsp; JPY6,050 | 37060 |
| &nbsp;&nbsp;&nbsp; 1.70%, 09/20/35 | &nbsp;&nbsp;&nbsp; JPY1,100 | 6800 |
| Japan Government Thirty Year Bonds |  |  |
| &nbsp;&nbsp;&nbsp; 1.80%, 11/22/32 | &nbsp;&nbsp;&nbsp; JPY4,000 | 25750 |
| &nbsp;&nbsp;&nbsp; 2.00%, 09/20/40 | &nbsp;&nbsp;&nbsp; JPY10,600 | 61970 |
| &nbsp;&nbsp;&nbsp; 2.20%, 09/20/39 | &nbsp;&nbsp;&nbsp; JPY46,600 | 284315 |
| &nbsp;&nbsp;&nbsp; 2.20%, 03/20/41 | &nbsp;&nbsp;&nbsp; JPY15,600 | 92809 |
| &nbsp;&nbsp;&nbsp; 2.20%, 06/20/54 | &nbsp;&nbsp;&nbsp; JPY30,650 | 148863 |
| &nbsp;&nbsp;&nbsp; 2.30%, 05/20/32 | &nbsp;&nbsp;&nbsp; JPY43,800 | 291241 |
| &nbsp;&nbsp;&nbsp; 2.30%, 03/20/39 | &nbsp;&nbsp;&nbsp; JPY43,500 | 270683 |
| &nbsp;&nbsp;&nbsp; 2.30%, 03/20/40 | &nbsp;&nbsp;&nbsp; JPY47,600 | 291619 |
| &nbsp;&nbsp;&nbsp; 2.40%, 02/20/30 | &nbsp;&nbsp;&nbsp; JPY30,350 | 202607 |
| &nbsp;&nbsp;&nbsp; 2.40%, 11/20/31 | &nbsp;&nbsp;&nbsp; JPY42,250 | 282733 |
| &nbsp;&nbsp;&nbsp; 2.40%, 09/20/38 | &nbsp;&nbsp;&nbsp; JPY42,550 | 269866 |
| &nbsp;&nbsp;&nbsp; 2.50%, 06/20/34 | &nbsp;&nbsp;&nbsp; JPY900 | 6016 |
| &nbsp;&nbsp;&nbsp; 2.50%, 09/20/34 | &nbsp;&nbsp;&nbsp; JPY12,800 | 85446 |
| &nbsp;&nbsp;&nbsp; 2.50%, 03/20/38 | &nbsp;&nbsp;&nbsp; JPY22,650 | 146217 |
| &nbsp;&nbsp;&nbsp; 2.80%, 06/20/55 | &nbsp;&nbsp;&nbsp; JPY12,000 | 66539 |
| &nbsp;&nbsp;&nbsp; 3.20%, 09/20/55 | &nbsp;&nbsp;&nbsp; JPY8,600 | 51728 |
| Japan Government Twenty Year Bonds |  |  |
| &nbsp;&nbsp;&nbsp; 1.70%, 12/20/31 | &nbsp;&nbsp;&nbsp; JPY8,200 | 52819 |
| &nbsp;&nbsp;&nbsp; 1.70%, 09/20/32 | &nbsp;&nbsp;&nbsp; JPY2,100 | 13449 |
| &nbsp;&nbsp;&nbsp; 1.70%, 12/20/32 | &nbsp;&nbsp;&nbsp; JPY4,800 | 30687 |
| &nbsp;&nbsp;&nbsp; 1.80%, 12/20/32 | &nbsp;&nbsp;&nbsp; JPY4,100 | 26381 |
| &nbsp;&nbsp;&nbsp; 2.50%, 06/20/45 | &nbsp;&nbsp;&nbsp; JPY7,700 | 45123 |
| &nbsp;&nbsp;&nbsp; 2.70%, 09/20/45 | &nbsp;&nbsp;&nbsp; JPY7,350 | 44342 |
| Japan Government Two Year Bonds |  |  |
| &nbsp;&nbsp;&nbsp; 0.70%, 07/01/27 | &nbsp;&nbsp;&nbsp; JPY21,500 | 138140 |
| &nbsp;&nbsp;&nbsp; 0.80%, 06/01/27 | &nbsp;&nbsp;&nbsp; JPY28,800 | 185393 |
| &nbsp;&nbsp;&nbsp; 0.90%, 08/01/27 | &nbsp;&nbsp;&nbsp; JPY10,500 | 67614 |
| &nbsp;&nbsp;&nbsp; 0.90%, 09/01/27 | &nbsp;&nbsp;&nbsp; JPY19,000 | 122291 |
| &nbsp;&nbsp;&nbsp; 1.00%, 10/01/27 | &nbsp;&nbsp;&nbsp; JPY25,800 | 166238 |
| &nbsp;&nbsp;&nbsp; 1.00%, 11/01/27 | &nbsp;&nbsp;&nbsp; JPY22,400 | 144273 |
| &nbsp;&nbsp;&nbsp; 1.10%, 01/01/28 | &nbsp;&nbsp;&nbsp; JPY28,000 | 180482 |
|  |  | 5935485 |
| **Malaysia — 0.8%** | **Malaysia — 0.8%** | **Malaysia — 0.8%** |
| Malaysia Government Bonds |  |  |
| &nbsp;&nbsp;&nbsp; 3.34%, 05/15/30 | &nbsp;&nbsp;&nbsp; MYR200 | 50867 |
| &nbsp;&nbsp;&nbsp; 3.48%, 07/02/35 | &nbsp;&nbsp;&nbsp; MYR130 | 32896 |
| &nbsp;&nbsp;&nbsp; 3.52%, 04/20/28 | &nbsp;&nbsp;&nbsp; MYR150 | 38456 |
| &nbsp;&nbsp;&nbsp; 3.58%, 07/15/32 | &nbsp;&nbsp;&nbsp; MYR210 | 53688 |
| &nbsp;&nbsp;&nbsp; 4.05%, 04/18/39 | &nbsp;&nbsp;&nbsp; MYR235 | 61226 |
| &nbsp;&nbsp;&nbsp; 4.07%, 06/15/50 | &nbsp;&nbsp;&nbsp; MYR70 | 17935 |
| &nbsp;&nbsp;&nbsp; 4.18%, 05/16/44 | &nbsp;&nbsp;&nbsp; MYR120 | 31482 |
| &nbsp;&nbsp;&nbsp; 4.46%, 03/31/53 | &nbsp;&nbsp;&nbsp; MYR70 | 18985 |
| &nbsp;&nbsp;&nbsp; 4.50%, 04/30/29 | &nbsp;&nbsp;&nbsp; MYR55 | 14524 |
| &nbsp;&nbsp;&nbsp; 4.92%, 07/06/48 | &nbsp;&nbsp;&nbsp; MYR20 | 5776 |
|  |  | 325835 |
| **Mexico — 0.7%** | **Mexico — 0.7%** | **Mexico — 0.7%** |
| Mexican Bonos |  |  |
| &nbsp;&nbsp;&nbsp; 5.50%, 03/04/27 | &nbsp;&nbsp;&nbsp; MXN1,000 | 56207 |
| &nbsp;&nbsp;&nbsp; 7.50%, 05/26/33 | &nbsp;&nbsp;&nbsp; MXN1,000 | 53885 |
| &nbsp;&nbsp;&nbsp; 8.00%, 05/24/35 | &nbsp;&nbsp;&nbsp; MXN1,000 | 53641 |
| &nbsp;&nbsp;&nbsp; 8.00%, 11/07/47 | &nbsp;&nbsp;&nbsp; 10 |  |
| &nbsp;&nbsp;&nbsp; 8.50%, 03/01/29 | &nbsp;&nbsp;&nbsp; MXN7 | 40701 |
| &nbsp;&nbsp;&nbsp; 8.50%, 02/28/30 | &nbsp;&nbsp;&nbsp; MXN1,000 | 57835 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Mexico (continued)** | **Mexico (continued)** | **Mexico (continued)** |
| &nbsp;&nbsp;&nbsp; Series M, 8.00%, 11/07/47 | &nbsp;&nbsp;&nbsp; MXN1,000 | $50297 |
|  |  | 312566 |
| **Netherlands — 0.9%** | **Netherlands — 0.9%** | **Netherlands — 0.9%** |
| Netherlands Government Bonds |  |  |
| &nbsp;&nbsp;&nbsp; 0.00%, 01/15/52<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR30 | 14404 |
| &nbsp;&nbsp;&nbsp; 0.50%, 07/15/32<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR60 | 62195 |
| &nbsp;&nbsp;&nbsp; 0.50%, 01/15/40<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; EUR35 | 28777 |
| &nbsp;&nbsp;&nbsp; 0.75%, 07/15/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR40 | 45864 |
| &nbsp;&nbsp;&nbsp; 2.00%, 01/15/54<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR20 | 17237 |
| &nbsp;&nbsp;&nbsp; 2.50%, 01/15/30<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR76 | 90570 |
| &nbsp;&nbsp;&nbsp; 2.50%, 07/15/35<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR55 | 62988 |
| &nbsp;&nbsp;&nbsp; 3.25%, 01/15/44<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR50 | 58253 |
| &nbsp;&nbsp;&nbsp; 3.50%, 01/15/56<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR5 | 5854 |
|  |  | 386142 |
| **New Zealand — 0.2%** | **New Zealand — 0.2%** | **New Zealand — 0.2%** |
| New Zealand Government Bonds |  |  |
| &nbsp;&nbsp;&nbsp; 0.25%, 05/15/28 | &nbsp;&nbsp;&nbsp; NZD40 | 22456 |
| &nbsp;&nbsp;&nbsp; 1.75%, 05/15/41 | &nbsp;&nbsp;&nbsp; NZD17 | 6729 |
| &nbsp;&nbsp;&nbsp; 2.00%, 05/15/32 | &nbsp;&nbsp;&nbsp; NZD55 | 29085 |
| &nbsp;&nbsp;&nbsp; 2.75%, 05/15/51 | &nbsp;&nbsp;&nbsp; NZD15 | 5927 |
| &nbsp;&nbsp;&nbsp; 4.25%, 05/15/36 | &nbsp;&nbsp;&nbsp; NZD40 | 23356 |
| &nbsp;&nbsp;&nbsp; 4.50%, 05/15/30 | &nbsp;&nbsp;&nbsp; NZD30 | 18511 |
|  |  | 106064 |
| **Norway — 0.1%** | **Norway — 0.1%** | **Norway — 0.1%** |
| Norway Government Bonds |  |  |
| &nbsp;&nbsp;&nbsp; 1.25%, 09/17/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; NOK320 | 28684 |
| &nbsp;&nbsp;&nbsp; 3.75%, 06/12/35<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; NOK150 | 15057 |
|  |  | 43741 |
| **Peru — 0.2%** | **Peru — 0.2%** | **Peru — 0.2%** |
| Peru Government Bonds |  |  |
| &nbsp;&nbsp;&nbsp; 7.30%, 08/12/33<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; PEN150 | 50917 |
| &nbsp;&nbsp;&nbsp; 7.60%, 08/12/39<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; PEN40 | 13059 |
|  |  | 63976 |
| **Poland — 0.6%** | **Poland — 0.6%** | **Poland — 0.6%** |
| Republic of Poland Government Bonds |  |  |
| &nbsp;&nbsp;&nbsp; 0.00%, 01/25/28<sup>(c)</sup> | &nbsp;&nbsp;&nbsp; PLN400 | 105089 |
| &nbsp;&nbsp;&nbsp; 1.75%, 04/25/32 | &nbsp;&nbsp;&nbsp; PLN100 | 23895 |
| &nbsp;&nbsp;&nbsp; 4.00%, 04/25/47 | &nbsp;&nbsp;&nbsp; PLN28 | 6694 |
| &nbsp;&nbsp;&nbsp; 4.50%, 07/25/30 | &nbsp;&nbsp;&nbsp; PLN220 | 62539 |
| &nbsp;&nbsp;&nbsp; 5.00%, 10/25/34 | &nbsp;&nbsp;&nbsp; PLN110 | 31026 |
| &nbsp;&nbsp;&nbsp; 5.00%, 10/25/35 | &nbsp;&nbsp;&nbsp; PLN41 | 11463 |
|  |  | 240706 |
| **Portugal — 0.5%** | **Portugal — 0.5%** | **Portugal — 0.5%** |
| Portugal Obrigacoes do Tesouro OT |  |  |
| &nbsp;&nbsp;&nbsp; 0.30%, 10/17/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR50 | 52133 |
| &nbsp;&nbsp;&nbsp; 0.70%, 10/15/27<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR30 | 34778 |
| &nbsp;&nbsp;&nbsp; 1.00%, 04/12/52<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR10 | 6319 |
| &nbsp;&nbsp;&nbsp; 1.15%, 04/11/42<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR28 | 23160 |
| &nbsp;&nbsp;&nbsp; 1.95%, 06/15/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR20 | 23496 |
| &nbsp;&nbsp;&nbsp; 3.00%, 06/15/35<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR35 | 41218 |
| &nbsp;&nbsp;&nbsp; 3.25%, 06/13/36<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR8 | 9524 |
| &nbsp;&nbsp;&nbsp; 3.63%, 06/12/54<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR5 | 5598 |
|  |  | 196226 |
| **Romania — 0.2%** | **Romania — 0.2%** | **Romania — 0.2%** |
| Romania Government Bonds |  |  |
| &nbsp;&nbsp;&nbsp; 6.30%, 04/25/29 | &nbsp;&nbsp;&nbsp; RON200 | 46718 |
| &nbsp;&nbsp;&nbsp; 6.75%, 04/25/35 | &nbsp;&nbsp;&nbsp; RON50 | 11712 |
| &nbsp;&nbsp;&nbsp; 7.20%, 10/30/33 | &nbsp;&nbsp;&nbsp; RON120 | 28908 |
|  |  | 87338 |

---

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares Global Government Bond USD Hedged Active ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Singapore — 0.3%** | **Singapore — 0.3%** | **Singapore — 0.3%** |
| Singapore Government Bonds |  |  |
| &nbsp;&nbsp;&nbsp; 1.88%, 03/01/50 | &nbsp;&nbsp;&nbsp; SGD20 | $15003 |
| &nbsp;&nbsp;&nbsp; 2.38%, 07/01/39 | &nbsp;&nbsp;&nbsp; SGD30 | 24277 |
| &nbsp;&nbsp;&nbsp; 2.75%, 03/01/46 | &nbsp;&nbsp;&nbsp; SGD7 | 6062 |
| &nbsp;&nbsp;&nbsp; 3.00%, 04/01/29 | &nbsp;&nbsp;&nbsp; SGD50 | 41015 |
| &nbsp;&nbsp;&nbsp; 3.00%, 08/01/72<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; SGD10 | 9394 |
| &nbsp;&nbsp;&nbsp; 3.38%, 05/01/34 | &nbsp;&nbsp;&nbsp; SGD30 | 26030 |
|  |  | 121781 |
| **Slovakia — 0.2%** | **Slovakia — 0.2%** | **Slovakia — 0.2%** |
| Slovakia Government Bonds |  |  |
| &nbsp;&nbsp;&nbsp; 2.50%, 06/04/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR10 | 11860 |
| &nbsp;&nbsp;&nbsp; 3.75%, 03/06/34<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR40 | 48949 |
| &nbsp;&nbsp;&nbsp; 3.75%, 02/27/40<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR10 | 11637 |
|  |  | 72446 |
| **Slovenia — 0.1%** | **Slovenia — 0.1%** | **Slovenia — 0.1%** |
| Slovenia Government Bonds |  |  |
| &nbsp;&nbsp;&nbsp; 0.49%, 10/20/50<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR5 | 2832 |
| &nbsp;&nbsp;&nbsp; 3.00%, 03/10/34<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR25 | 29762 |
|  |  | 32594 |
| **South Korea — 1.7%** | **South Korea — 1.7%** | **South Korea — 1.7%** |
| Korea Treasury Bonds |  |  |
| &nbsp;&nbsp;&nbsp; 1.13%, 09/10/39 | &nbsp;&nbsp;&nbsp; KRW21,250 | 10823 |
| &nbsp;&nbsp;&nbsp; 1.88%, 03/10/51 | &nbsp;&nbsp;&nbsp; KRW98,800 | 49288 |
| &nbsp;&nbsp;&nbsp; 2.00%, 09/10/68 | &nbsp;&nbsp;&nbsp; KRW19,340 | 9095 |
| &nbsp;&nbsp;&nbsp; 2.25%, 06/10/28 | &nbsp;&nbsp;&nbsp; KRW98,020 | 66737 |
| &nbsp;&nbsp;&nbsp; 2.50%, 09/10/30 | &nbsp;&nbsp;&nbsp; KRW27,110 | 18068 |
| &nbsp;&nbsp;&nbsp; 2.50%, 03/10/52 | &nbsp;&nbsp;&nbsp; KRW71,020 | 40239 |
| &nbsp;&nbsp;&nbsp; 2.63%, 03/10/30 | &nbsp;&nbsp;&nbsp; KRW135,920 | 91492 |
| &nbsp;&nbsp;&nbsp; 2.63%, 06/10/35 | &nbsp;&nbsp;&nbsp; KRW80,460 | 51307 |
| &nbsp;&nbsp;&nbsp; 2.63%, 03/10/48 | &nbsp;&nbsp;&nbsp; KRW50,110 | 29616 |
| &nbsp;&nbsp;&nbsp; 2.63%, 03/10/55 | &nbsp;&nbsp;&nbsp; KRW63,080 | 36530 |
| &nbsp;&nbsp;&nbsp; 2.63%, 09/10/55 | &nbsp;&nbsp;&nbsp; KRW29,860 | 17299 |
| &nbsp;&nbsp;&nbsp; 2.75%, 09/10/45 | &nbsp;&nbsp;&nbsp; KRW23,840 | 14576 |
| &nbsp;&nbsp;&nbsp; 2.75%, 09/10/54 | &nbsp;&nbsp;&nbsp; KRW11,650 | 6937 |
| &nbsp;&nbsp;&nbsp; 2.75%, 09/10/74 | &nbsp;&nbsp;&nbsp; KRW19,440 | 11390 |
| &nbsp;&nbsp;&nbsp; 2.88%, 09/10/44 | &nbsp;&nbsp;&nbsp; KRW52,850 | 32972 |
| &nbsp;&nbsp;&nbsp; 3.25%, 06/10/27 | &nbsp;&nbsp;&nbsp; KRW112,330 | 78406 |
| &nbsp;&nbsp;&nbsp; 3.25%, 09/10/42 | &nbsp;&nbsp;&nbsp; KRW58,880 | 38858 |
| &nbsp;&nbsp;&nbsp; 3.25%, 03/10/53 | &nbsp;&nbsp;&nbsp; KRW41,000 | 26913 |
| &nbsp;&nbsp;&nbsp; 3.38%, 06/10/32 | &nbsp;&nbsp;&nbsp; KRW110,400 | 75920 |
| &nbsp;&nbsp;&nbsp; 3.50%, 06/10/34 | &nbsp;&nbsp;&nbsp; KRW8,600 | 5897 |
| &nbsp;&nbsp;&nbsp; 3.63%, 09/10/53 | &nbsp;&nbsp;&nbsp; KRW6,000 | 4208 |
|  |  | 716571 |
| **Spain — 3.2%** | **Spain — 3.2%** | **Spain — 3.2%** |
| Spain Government Bonds |  |  |
| &nbsp;&nbsp;&nbsp; 0.80%, 07/30/29 | &nbsp;&nbsp;&nbsp; EUR90 | 101067 |
| &nbsp;&nbsp;&nbsp; 0.85%, 07/30/37<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR40 | 35947 |
| &nbsp;&nbsp;&nbsp; 2.40%, 05/31/28 | &nbsp;&nbsp;&nbsp; EUR100 | 119041 |
| &nbsp;&nbsp;&nbsp; 2.50%, 05/31/27 | &nbsp;&nbsp;&nbsp; EUR40 | 47657 |
| &nbsp;&nbsp;&nbsp; 2.70%, 01/31/30 | &nbsp;&nbsp;&nbsp; EUR90 | 107615 |
| &nbsp;&nbsp;&nbsp; 3.00%, 01/31/33 | &nbsp;&nbsp;&nbsp; EUR40 | 47714 |
| &nbsp;&nbsp;&nbsp; 3.10%, 07/30/31 | &nbsp;&nbsp;&nbsp; EUR80 | 96824 |
| &nbsp;&nbsp;&nbsp; 3.25%, 04/30/34<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR90 | 108154 |
| &nbsp;&nbsp;&nbsp; 3.30%, 04/30/36<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR40 | 47545 |
| &nbsp;&nbsp;&nbsp; 3.45%, 10/31/34<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR93 | 113058 |
| &nbsp;&nbsp;&nbsp; 3.45%, 07/30/43<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR80 | 90662 |
| &nbsp;&nbsp;&nbsp; 3.50%, 05/31/29 | &nbsp;&nbsp;&nbsp; EUR100 | 122835 |
| &nbsp;&nbsp;&nbsp; 3.50%, 01/31/41<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR70 | 81219 |
| &nbsp;&nbsp;&nbsp; 3.90%, 07/30/39<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; EUR83 | 101865 |
| &nbsp;&nbsp;&nbsp; 4.00%, 10/31/54<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR80 | 93453 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Spain (continued)** | **Spain (continued)** | **Spain (continued)** |
| &nbsp;&nbsp;&nbsp; 5.15%, 10/31/28<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR60 | $76539 |
|  |  | 1391195 |
| **Sweden — 0.1%** | **Sweden — 0.1%** | **Sweden — 0.1%** |
| Sweden Government Bonds |  |  |
| &nbsp;&nbsp;&nbsp; 0.13%, 05/12/31<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; SEK200 | 19991 |
| &nbsp;&nbsp;&nbsp; 0.50%, 11/24/45<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; SEK60 | 4206 |
| &nbsp;&nbsp;&nbsp; 0.75%, 11/12/29<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; SEK110 | 11711 |
| &nbsp;&nbsp;&nbsp; 2.25%, 05/11/35<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; SEK200 | 21553 |
|  |  | 57461 |
| **Switzerland — 0.3%** | **Switzerland — 0.3%** | **Switzerland — 0.3%** |
| Swiss Confederation Government Bonds |  |  |
| &nbsp;&nbsp;&nbsp; 0.00%, 06/22/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; CHF15 | 19441 |
| &nbsp;&nbsp;&nbsp; 0.00%, 06/26/34<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; CHF35 | 44600 |
| &nbsp;&nbsp;&nbsp; 0.50%, 05/28/40<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; CHF15 | 19720 |
| &nbsp;&nbsp;&nbsp; 0.50%, 05/24/55<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; CHF13 | 17159 |
| &nbsp;&nbsp;&nbsp; 0.88%, 05/22/47<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; CHF10 | 14057 |
|  |  | 114977 |
| **Thailand — 0.7%** | **Thailand — 0.7%** | **Thailand — 0.7%** |
| Thailand Government Bonds |  |  |
| &nbsp;&nbsp;&nbsp; 1.19%, 04/17/29 | &nbsp;&nbsp;&nbsp; THB600 | 18964 |
| &nbsp;&nbsp;&nbsp; 1.66%, 03/17/30 | &nbsp;&nbsp;&nbsp; THB590 | 18932 |
| &nbsp;&nbsp;&nbsp; 2.00%, 12/17/31 | &nbsp;&nbsp;&nbsp; THB680 | 22175 |
| &nbsp;&nbsp;&nbsp; 2.05%, 04/17/28 | &nbsp;&nbsp;&nbsp; THB1,970 | 63556 |
| &nbsp;&nbsp;&nbsp; 2.41%, 03/17/35 | &nbsp;&nbsp;&nbsp; THB1,595 | 52680 |
| &nbsp;&nbsp;&nbsp; 2.70%, 06/17/40 | &nbsp;&nbsp;&nbsp; THB1,000 | 32846 |
| &nbsp;&nbsp;&nbsp; 2.80%, 06/17/34 | &nbsp;&nbsp;&nbsp; THB351 | 11955 |
| &nbsp;&nbsp;&nbsp; 2.98%, 06/17/45 | &nbsp;&nbsp;&nbsp; THB735 | 23848 |
| &nbsp;&nbsp;&nbsp; 3.15%, 06/17/50 | &nbsp;&nbsp;&nbsp; THB420 | 13972 |
| &nbsp;&nbsp;&nbsp; 3.60%, 06/17/67 | &nbsp;&nbsp;&nbsp; THB450 | 16631 |
| &nbsp;&nbsp;&nbsp; 4.00%, 06/17/55 | &nbsp;&nbsp;&nbsp; THB380 | 14661 |
| &nbsp;&nbsp;&nbsp; 4.00%, 06/17/72 | &nbsp;&nbsp;&nbsp; THB250 | 10130 |
|  |  | 300350 |
| **United Kingdom — 5.6%** | **United Kingdom — 5.6%** | **United Kingdom — 5.6%** |
| United Kingdom Gilt |  |  |
| &nbsp;&nbsp;&nbsp; 3.50%, 07/22/68<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP140 | 136091 |
| &nbsp;&nbsp;&nbsp; 4.00%, 05/22/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP100 | 137353 |
| &nbsp;&nbsp;&nbsp; 4.00%, 10/22/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP120 | 163263 |
| &nbsp;&nbsp;&nbsp; 4.00%, 10/22/63<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP140 | 152167 |
| &nbsp;&nbsp;&nbsp; 4.13%, 07/22/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP90 | 124116 |
| &nbsp;&nbsp;&nbsp; 4.13%, 03/07/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP125 | 171508 |
| &nbsp;&nbsp;&nbsp; 4.13%, 03/07/33<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP60 | 81251 |
| &nbsp;&nbsp;&nbsp; 4.25%, 12/07/46<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP60 | 72137 |
| &nbsp;&nbsp;&nbsp; 4.25%, 12/07/49<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP120 | 142169 |
| &nbsp;&nbsp;&nbsp; 4.38%, 03/07/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP210 | 290960 |
| &nbsp;&nbsp;&nbsp; 4.38%, 03/07/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP125 | 173738 |
| &nbsp;&nbsp;&nbsp; 4.38%, 07/31/54<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP80 | 94832 |
| &nbsp;&nbsp;&nbsp; 4.50%, 06/07/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP40 | 55626 |
| &nbsp;&nbsp;&nbsp; 4.50%, 03/07/35<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP100 | 136562 |
| &nbsp;&nbsp;&nbsp; 4.63%, 01/31/34<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP60 | 83312 |
| &nbsp;&nbsp;&nbsp; 4.75%, 10/22/35<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP50 | 69242 |
| &nbsp;&nbsp;&nbsp; 4.75%, 10/22/43<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP160 | 208987 |
| &nbsp;&nbsp;&nbsp; 5.38%, 01/31/56<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP80 | 111219 |
|  |  | 2404533 |
| **Total Foreign Government Obligations — 57.3%** <br>**(Cost: $24,933,465)** | **Total Foreign Government Obligations — 57.3%** <br>**(Cost: $24,933,465)** | 24548477 |

---

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares Global Government Bond USD Hedged Active ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **U.S. Government Obligations** | **U.S. Government Obligations** | **U.S. Government Obligations** |
| **U.S. Government Obligations — 33.6%** | **U.S. Government Obligations — 33.6%** | **U.S. Government Obligations — 33.6%** |
| U.S. Treasury Note/Bond |  |  |
| &nbsp;&nbsp;&nbsp; 0.63%, 08/15/30 | &nbsp;&nbsp;&nbsp; $200 | $173984 |
| &nbsp;&nbsp;&nbsp; 1.00%, 07/31/28 | &nbsp;&nbsp;&nbsp; 100 | 93918 |
| &nbsp;&nbsp;&nbsp; 1.25%, 08/15/31 | &nbsp;&nbsp;&nbsp; 980 | 852256 |
| &nbsp;&nbsp;&nbsp; 1.38%, 10/31/28 | &nbsp;&nbsp;&nbsp; 750 | 706875 |
| &nbsp;&nbsp;&nbsp; 1.38%, 11/15/31 | &nbsp;&nbsp;&nbsp; 980 | 852026 |
| &nbsp;&nbsp;&nbsp; 1.75%, 08/15/41 | &nbsp;&nbsp;&nbsp; 1000 | 672539 |
| &nbsp;&nbsp;&nbsp; 1.88%, 02/15/32 | &nbsp;&nbsp;&nbsp; 690 | 613831 |
| &nbsp;&nbsp;&nbsp; 1.88%, 11/15/51 | &nbsp;&nbsp;&nbsp; 570 | 313856 |
| &nbsp;&nbsp;&nbsp; 2.25%, 08/15/27 | &nbsp;&nbsp;&nbsp; 890 | 873104 |
| &nbsp;&nbsp;&nbsp; 2.25%, 08/15/46 | &nbsp;&nbsp;&nbsp; 220 | 144427 |
| &nbsp;&nbsp;&nbsp; 2.25%, 02/15/52 | &nbsp;&nbsp;&nbsp; 950 | 574045 |
| &nbsp;&nbsp;&nbsp; 2.50%, 02/15/45 | &nbsp;&nbsp;&nbsp; 15 | 10594 |
| &nbsp;&nbsp;&nbsp; 2.75%, 04/30/27 | &nbsp;&nbsp;&nbsp; 460 | 455598 |
| &nbsp;&nbsp;&nbsp; 2.75%, 05/31/29 | &nbsp;&nbsp;&nbsp; 150 | 145816 |
| &nbsp;&nbsp;&nbsp; 2.75%, 08/15/47 | &nbsp;&nbsp;&nbsp; 130 | 92625 |
| &nbsp;&nbsp;&nbsp; 2.88%, 08/15/28 | &nbsp;&nbsp;&nbsp; 750 | 737344 |
| &nbsp;&nbsp;&nbsp; 2.88%, 04/30/29 | &nbsp;&nbsp;&nbsp; 150 | 146514 |
| &nbsp;&nbsp;&nbsp; 2.88%, 05/15/32 | &nbsp;&nbsp;&nbsp; 40 | 37586 |
| &nbsp;&nbsp;&nbsp; 3.00%, 11/15/44 | &nbsp;&nbsp;&nbsp; 870 | 671225 |
| &nbsp;&nbsp;&nbsp; 3.13%, 05/15/48 | &nbsp;&nbsp;&nbsp; 185 | 140015 |
| &nbsp;&nbsp;&nbsp; 3.50%, 04/30/30 | &nbsp;&nbsp;&nbsp; 760 | 752816 |
| &nbsp;&nbsp;&nbsp; 3.75%, 12/31/30 | &nbsp;&nbsp;&nbsp; 420 | 418966 |
| &nbsp;&nbsp;&nbsp; 3.75%, 11/30/32 | &nbsp;&nbsp;&nbsp; 50 | 49195 |
| &nbsp;&nbsp;&nbsp; 3.88%, 11/30/27 | &nbsp;&nbsp;&nbsp; 520 | 523067 |
| &nbsp;&nbsp;&nbsp; 3.88%, 12/31/32 | &nbsp;&nbsp;&nbsp; 60 | 59466 |
| &nbsp;&nbsp;&nbsp; 3.88%, 08/15/34 | &nbsp;&nbsp;&nbsp; 870 | 851954 |
| &nbsp;&nbsp;&nbsp; 4.00%, 07/31/29 | &nbsp;&nbsp;&nbsp; 750 | 758203 |
| &nbsp;&nbsp;&nbsp; 4.00%, 07/31/30 | &nbsp;&nbsp;&nbsp; 50 | 50486 |
| &nbsp;&nbsp;&nbsp; 4.00%, 11/15/35 | &nbsp;&nbsp;&nbsp; 20 | 19591 |
| &nbsp;&nbsp;&nbsp; 4.25%, 03/15/27 | &nbsp;&nbsp;&nbsp; 340 | 342563 |
| &nbsp;&nbsp;&nbsp; 4.25%, 11/15/34 | &nbsp;&nbsp;&nbsp; 130 | 130599 |
| &nbsp;&nbsp;&nbsp; 4.25%, 05/15/35 | &nbsp;&nbsp;&nbsp; 110 | 110241 |
| &nbsp;&nbsp;&nbsp; 4.25%, 08/15/35 | &nbsp;&nbsp;&nbsp; 90 | 90084 |
| &nbsp;&nbsp;&nbsp; 4.38%, 07/15/27 | &nbsp;&nbsp;&nbsp; 900 | 910617 |
| &nbsp;&nbsp;&nbsp; 4.38%, 08/31/28 | &nbsp;&nbsp;&nbsp; 640 | 652325 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **U.S. Government Obligations (continued)** | **U.S. Government Obligations (continued)** | **U.S. Government Obligations (continued)** |
| &nbsp;&nbsp;&nbsp; 4.50%, 05/31/29 | &nbsp;&nbsp;&nbsp; $100 | $102633 |
| &nbsp;&nbsp;&nbsp; 4.63%, 11/15/55 | &nbsp;&nbsp;&nbsp; 110 | 105428 |
| &nbsp;&nbsp;&nbsp; 4.75%, 05/15/55 | &nbsp;&nbsp;&nbsp; 75 | 73324 |
| &nbsp;&nbsp;&nbsp; 4.75%, 08/15/55 | &nbsp;&nbsp;&nbsp; 95 | 92907 |
|  |  | 14402643 |
| **Total U.S. Government Obligations — 33.6%** <br>**(Cost: $14,382,492)** | **Total U.S. Government Obligations — 33.6%** <br>**(Cost: $14,382,492)** | 14402643 |
| **Total Long-Term Investments — 90.9%** <br>**(Cost: $39,315,957)** | **Total Long-Term Investments — 90.9%** <br>**(Cost: $39,315,957)** | 38951120 |
|  | &nbsp;&nbsp; *Shares* |  |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 1.6%** | **Money Market Funds — 1.6%** | **Money Market Funds — 1.6%** |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Institutional, SL Agency <br> Shares, 3.82%<sup>(d)(e)</sup><br>| &nbsp;&nbsp;&nbsp; 573571 | 573858 |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL Agency Shares, <br> 3.64%<sup>(d)(e)</sup><br>| &nbsp;&nbsp;&nbsp; 100000 | 100000 |
| **Total Short-Term Securities — 1.6%** <br>**(Cost: $673,856)** | **Total Short-Term Securities — 1.6%** <br>**(Cost: $673,856)** | 673858 |
| **Total Investments — 92.5%** <br>**(Cost: $39,989,813)** | **Total Investments — 92.5%** <br>**(Cost: $39,989,813)** | 39624978 |
| **Other Assets Less Liabilities — 7.5%** | **Other Assets Less Liabilities — 7.5%** | 3232724 |
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | $42857702 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933. 

<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> Zero-coupon bond.

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

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

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Fund during the period ended January 31, 2026 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at* <br>*10/31/25*<br>| *Purchases* <br>*at Cost*<br>| *Proceeds* <br>*from Sales*<br>| &nbsp;&nbsp; *Net Realized* <br>*Gain (Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*01/31/26*<br>| *Shares* <br>*Held at* <br>*01/31/26*<br>| *Income* | *Capital* <br>*Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| BlackRock Cash Funds: Institutional, SL Agency Shares | $1132704 | $— | &nbsp;&nbsp; $(558848 )<sup>(a)</sup><br>| $— | $2 | $573858 | 573571 | $17438 | $— |
| BlackRock Cash Funds: Treasury, SL Agency Shares | &nbsp;&nbsp;&nbsp;&nbsp; 100000 | 0 <br><sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; 100000 | 100000 | &nbsp;&nbsp;&nbsp;&nbsp; 952 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
|  |  |  |  | $— | $2 | $673858 |  | $18390 | $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares Global Government Bond USD Hedged Active ETF**

**Derivative Financial Instruments Outstanding as of Period End**

**Futures Contracts** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| *Description* | &nbsp;&nbsp; *Number of* <br>*Contracts*<br>| &nbsp;&nbsp; *Expiration* <br>*Date*<br>| *Notional* <br>*Amount* <br>*(000)*<br>| &nbsp;&nbsp; *Value/* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>|
| Long Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Euro BOBL | 4 | 03/06/26 | &nbsp;&nbsp; $553 | $91 |
| &nbsp;&nbsp;&nbsp; Euro BTP | 15 | 03/06/26 | &nbsp;&nbsp; 2154 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6018 |
| &nbsp;&nbsp;&nbsp; Euro BUND | 110 | 03/06/26 | &nbsp;&nbsp; 16712 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 17406 |
| &nbsp;&nbsp;&nbsp; Euro SCHATZ | 3 | 03/06/26 | &nbsp;&nbsp; 380 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 50 |
| &nbsp;&nbsp;&nbsp; 10-Year U.S. Treasury Note | 76 | 03/20/26 | &nbsp;&nbsp; 8494 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7289 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30854 |
| Short Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Euro BUXL | 4 | 03/06/26 | &nbsp;&nbsp; 521 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3504 |
| &nbsp;&nbsp;&nbsp; Euro OAT | 54 | 03/06/26 | &nbsp;&nbsp; 7805 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (46696) |
| &nbsp;&nbsp;&nbsp; 10-Year Japanese Government Treasury Bonds | 5 | 03/13/26 | &nbsp;&nbsp; 4252 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 28388 |
| &nbsp;&nbsp;&nbsp; 10-Year Australian Treasury Bonds | 87 | 03/16/26 | &nbsp;&nbsp; 6613 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (21047) |
| &nbsp;&nbsp;&nbsp; 10-Year Canadian Bond | 105 | 03/20/26 | &nbsp;&nbsp; 9337 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 61 |
| &nbsp;&nbsp;&nbsp; Ultra U.S. Treasury Bond | 32 | 03/20/26 | &nbsp;&nbsp; 3745 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 58453 |
| &nbsp;&nbsp;&nbsp; Long Gilt | 106 | 03/27/26 | &nbsp;&nbsp; 13177 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 103173 |
| &nbsp;&nbsp;&nbsp; 2-Year U.S. Treasury Note | 3 | 03/31/26 | &nbsp;&nbsp; 625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (0) |
| &nbsp;&nbsp;&nbsp; 5-Year U.S. Treasury Note | 2 | 03/31/26 | &nbsp;&nbsp; 218 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7 |
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 125843 |
|  |  |  |  | $156697 |

---

**Forward Foreign Currency Exchange Contracts** 

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| *Currency Purchased* | *Currency Purchased* | *Currency Sold* | *Currency Sold* | *Counterparty* | *Settlement Date* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Unrealized* <br>*Appreciation* <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(Depreciation)*<br>|
| EUR | 140000 | USD | 164792 | Goldman Sachs & Co. | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $1156 |
| JPY | 9184000 | USD | 58739 | BNP Paribas SA | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 605 |
| JPY | 13090000 | USD | 83940 | Goldman Sachs & Co. | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 643 |
| USD | 17505 | AUD | 25000 | Morgan Stanley & Co. International PLC | 03/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 97 |
| USD | 423256 | AUD | 603000 | UBS AG | 03/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3376 |
| USD | 646816 | CAD | 873000 | Bank of America N.A. | 03/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4893 |
| USD | 113665 | CHF | 87000 | Bank of America N.A. | 03/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 785 |
| USD | 136858 | CZK | 2787000 | Morgan Stanley & Co. International PLC | 03/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1088 |
| USD | 88374 | DKK | 552000 | Bank of America N.A. | 03/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 616 |
| USD | 8615648 | EUR | 7205000 | BNP Paribas SA | 03/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 63914 |
| USD | 89305 | EUR | 75000 | Morgan Stanley & Co. International PLC | 03/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 286 |
| USD | 2432617 | GBP | 1766000 | Morgan Stanley & Co. International PLC | 03/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 16181 |
| USD | 60922 | HUF | 19479000 | Morgan Stanley & Co. International PLC | 03/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 516 |
| USD | 6116565 | JPY | 939657000 | Bank of America N.A. | 03/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 30299 |
| USD | 12878 | MXN | 224000 | Morgan Stanley & Co. International PLC | 03/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 92 |
| USD | 264553 | MXN | 4583000 | UBS AG | 03/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2949 |
| USD | 50778 | NOK | 486000 | Bank of America N.A. | 03/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 320 |
| USD | 112341 | NZD | 185000 | UBS AG | 03/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 836 |
| USD | 216406 | PLN | 763000 | Morgan Stanley & Co. International PLC | 03/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1678 |
| USD | 90531 | RON | 387000 | Goldman Sachs & Co. | 03/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 609 |
| USD | 69449 | SEK | 612000 | Bank of America N.A. | 03/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 645 |
| USD | 99625 | SGD | 126000 | Morgan Stanley & Co. International PLC | 03/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 381 |
| USD | 317727 | THB | 9960000 | Goldman Sachs & Co. | 03/04/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 570 |
| USD | 141870 | ILS | 438000 | UBS AG | 03/05/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 535 |
| AUD | 45000 | USD | 30067 | Goldman Sachs & Co. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1265 |
| AUD | 132000 | USD | 88145 | UBS AG | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3764 |

---

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares Global Government Bond USD Hedged Active ETF**

**Forward Foreign Currency Exchange Contracts (continued)**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| *Currency Purchased* | *Currency Purchased* | *Currency Sold* | *Currency Sold* | *Counterparty* | *Settlement Date* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Unrealized*<br> *Appreciation*<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(Depreciation)*<br>|
| BRL | 222000 | USD | 41246 | BNP Paribas SA | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $523 |
| BRL | 106000 | USD | 19133 | Deutsche Bank Securities Inc. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 811 |
| BRL | 132000 | USD | 23973 | Goldman Sachs & Co. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 862 |
| BRL | 280000 | USD | 49988 | UBS AG | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2695 |
| CAD | 121000 | USD | 88530 | Morgan Stanley & Co. International PLC | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 499 |
| CAD | 45000 | USD | 32440 | UBS AG | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 670 |
| CNY | 441000 | USD | 63070 | Bank of America N.A. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 315 |
| CNY | 190000 | USD | 27044 | BNP Paribas SA | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 265 |
| CNY | 140000 | USD | 20054 | Deutsche Bank Securities Inc. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 68 |
| CNY | 214000 | USD | 30480 | UBS AG | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 279 |
| COP | 4485000 | USD | 1145 | Goldman Sachs & Co. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 58 |
| CZK | 243000 | USD | 11681 | Goldman Sachs & Co. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 159 |
| EUR | 77000 | USD | 90263 | UBS AG | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1193 |
| GBP | 73000 | USD | 98379 | Goldman Sachs & Co. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1505 |
| GBP | 129000 | USD | 173325 | Morgan Stanley & Co. International PLC | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3183 |
| GBP | 136000 | USD | 182348 | UBS AG | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3738 |
| ILS | 36000 | USD | 11171 | Goldman Sachs & Co. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 448 |
| INR | 2048000 | USD | 22252 | Deutsche Bank Securities Inc. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7 |
| INR | 2074000 | USD | 22462 | Goldman Sachs & Co. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 79 |
| KRW | 102566000 | USD | 69888 | Bank of America N.A. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 917 |
| KRW | 23673000 | USD | 16242 | Deutsche Bank Securities Inc. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 100 |
| KRW | 39233000 | USD | 26613 | Goldman Sachs & Co. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 471 |
| MXN | 374000 | USD | 20659 | Bank of America N.A. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 659 |
| MXN | 808000 | USD | 45030 | Morgan Stanley & Co. International PLC | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1025 |
| SEK | 701000 | USD | 75732 | Morgan Stanley & Co. International PLC | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3137 |
| SGD | 29000 | USD | 22604 | Morgan Stanley & Co. International PLC | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 261 |
| SGD | 49000 | USD | 38059 | UBS AG | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 575 |
| USD | 22390 | AUD | 32000 | Morgan Stanley & Co. International PLC | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 109 |
| USD | 30309 | CAD | 41000 | BNP Paribas SA | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 142 |
| USD | 76325 | CNY | 530000 | Bank of America N.A. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 147 |
| USD | 20159 | CNY | 140000 | BNP Paribas SA | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 36 |
| USD | 11974 | EUR | 10000 | BNP Paribas SA | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 96 |
| USD | 35852 | EUR | 30000 | UBS AG | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 219 |
| USD | 23266 | GBP | 17000 | Bank of America N.A. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5 |
| USD | 42693 | GBP | 31000 | Morgan Stanley & Co. International PLC | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 277 |
| USD | 38658 | GBP | 28000 | UBS AG | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 347 |
| USD | 26670 | HKD | 207000 | Goldman Sachs & Co. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 134 |
| USD | 9013 | HKD | 70000 | UBS AG | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 40 |
| USD | 45753 | KRW | 65722000 | Deutsche Bank Securities Inc. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 383 |
| USD | 55165 | KRW | 78823000 | Goldman Sachs & Co. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 751 |
| USD | 15775 | ZAR | 250000 | Goldman Sachs & Co. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 347 |
| USD | 25486 | ZAR | 410000 | Morgan Stanley & Co. International PLC | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 185 |
| ZAR | 351000 | USD | 21103 | Bank of America N.A. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 557 |
| ZAR | 858000 | USD | 51310 | BNP Paribas SA | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1636 |
| ZAR | 397000 | USD | 23735 | Goldman Sachs & Co. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 764 |
| ZAR | 388000 | USD | 23019 | Morgan Stanley & Co. International PLC | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 924 |
| USD | 323337 | IDR | 5414277000 | Bank of America N.A. | 03/25/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 939 |
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 170639 |
| AUD | 603000 | USD | 423276 | UBS AG | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(3377)<br>|
| CAD | 873000 | USD | 646043 | Bank of America N.A. | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4882)<br>|
| CHF | 87000 | USD | 113323 | Bank of America N.A. | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (781)<br>|
| CZK | 2787000 | USD | 136819 | Morgan Stanley & Co. International PLC | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1087)<br>|

---

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares Global Government Bond USD Hedged Active ETF**

**Forward Foreign Currency Exchange Contracts (continued)**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| *Currency Purchased* | *Currency Purchased* | *Currency Sold* | *Currency Sold* | *Counterparty* | *Settlement Date* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Unrealized*<br> *Appreciation*<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(Depreciation)*<br>|
| DKK | 552000 | USD | 88228 | Bank of America N.A. | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(614)<br>|
| EUR | 7205000 | USD | 8604283 | BNP Paribas SA | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (63840)<br>|
| GBP | 1766000 | USD | 2432683 | Morgan Stanley & Co. International PLC | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (16176)<br>|
| HUF | 19479000 | USD | 61042 | Morgan Stanley & Co. International PLC | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (507)<br>|
| ILS | 438000 | USD | 141842 | UBS AG | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (535)<br>|
| JPY | 939657000 | USD | 6101946 | Bank of America N.A. | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (30242)<br>|
| MXN | 4583000 | USD | 265227 | UBS AG | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2982)<br>|
| NOK | 486000 | USD | 50784 | Bank of America N.A. | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (319)<br>|
| NZD | 185000 | USD | 112223 | UBS AG | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (834)<br>|
| PLN | 763000 | USD | 216423 | Morgan Stanley & Co. International PLC | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1675)<br>|
| RON | 387000 | USD | 90652 | Goldman Sachs & Co. | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (609)<br>|
| SEK | 612000 | USD | 69351 | Bank of America N.A. | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (644)<br>|
| SGD | 126000 | USD | 99429 | Morgan Stanley & Co. International PLC | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (381)<br>|
| THB | 9960000 | USD | 317478 | Goldman Sachs & Co. | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (935)<br>|
| USD | 394662 | AUD | 590000 | Goldman Sachs & Co. | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (16184)<br>|
| USD | 8737 | AUD | 13000 | Morgan Stanley & Co. International PLC | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (316)<br>|
| USD | 620802 | CAD | 849000 | Bank of America N.A. | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2733)<br>|
| USD | 17315 | CAD | 24000 | BNP Paribas SA | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (312)<br>|
| USD | 110076 | CHF | 87000 | Bank of America N.A. | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2466)<br>|
| USD | 135280 | CZK | 2787000 | BNP Paribas SA | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (452)<br>|
| USD | 86922 | DKK | 552000 | Bank of America N.A. | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (692)<br>|
| USD | 8524849 | EUR | 7242000 | BNP Paribas SA | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (59452)<br>|
| USD | 120441 | EUR | 103000 | Morgan Stanley & Co. International PLC | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1650)<br>|
| USD | 54993 | GBP | 41000 | Bank of America N.A. | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1109)<br>|
| USD | 2322449 | GBP | 1725000 | Goldman Sachs & Co. | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (37955)<br>|
| USD | 59399 | HUF | 19479000 | UBS AG | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1136)<br>|
| USD | 137423 | ILS | 438000 | Morgan Stanley & Co. International PLC | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3884)<br>|
| USD | 6070917 | JPY | 948426000 | Bank of America N.A. | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (57449)<br>|
| USD | 85647 | JPY | 13505000 | Morgan Stanley & Co. International PLC | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1617)<br>|
| USD | 254464 | MXN | 4583000 | Bank of America N.A. | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (7781)<br>|
| USD | 48299 | NOK | 486000 | Goldman Sachs & Co. | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2166)<br>|
| USD | 98226 | NZD | 170000 | Bank of America N.A. | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4132)<br>|
| USD | 8654 | NZD | 15000 | Goldman Sachs & Co. | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (377)<br>|
| USD | 212170 | PLN | 763000 | Goldman Sachs & Co. | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2578)<br>|
| USD | 88977 | RON | 387000 | Goldman Sachs & Co. | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1065)<br>|
| USD | 49777 | SEK | 458000 | Bank of America N.A. | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1640)<br>|
| USD | 16730 | SEK | 154000 | Goldman Sachs & Co. | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (559)<br>|
| USD | 98155 | SGD | 126000 | Morgan Stanley & Co. International PLC | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (894)<br>|
| USD | 316143 | THB | 9960000 | UBS AG | 02/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (399)<br>|
| GBP | 237000 | USD | 325349 | Bank of America N.A. | 03/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1059)<br>|
| GBP | 31000 | USD | 42556 | BNP Paribas SA | 03/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (138)<br>|
| JPY | 13048000 | USD | 84818 | Bank of America N.A. | 03/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (305)<br>|
| JPY | 12456000 | USD | 80967 | UBS AG | 03/03/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (288)<br>|
| AUD | 40000 | USD | 28261 | Bank of America N.A. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (410)<br>|
| BRL | 215000 | USD | 40821 | BNP Paribas SA | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (368)<br>|
| BRL | 103000 | USD | 19397 | Goldman Sachs & Co. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (17)<br>|
| EUR | 20000 | USD | 23808 | Goldman Sachs & Co. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (53)<br>|
| HKD | 164000 | USD | 21129 | UBS AG | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (106)<br>|
| INR | 2824000 | USD | 31156 | Goldman Sachs & Co. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (463)<br>|
| KRW | 91611000 | USD | 63574 | Bank of America N.A. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (332)<br>|
| USD | 24787 | AUD | 37000 | Goldman Sachs & Co. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (975)<br>|
| USD | 56273 | AUD | 84000 | Morgan Stanley & Co. International PLC | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2214)<br>|
| USD | 174316 | AUD | 262000 | UBS AG | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (8109)<br>|

---

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares Global Government Bond USD Hedged Active ETF**

**Forward Foreign Currency Exchange Contracts (continued)**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| *Currency Purchased* | *Currency Purchased* | *Currency Sold* | *Currency Sold* | *Counterparty* | *Settlement Date* | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; *Unrealized*<br> *Appreciation*<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;*(Depreciation)*<br>|
| USD | 78344 | BRL | 432000 | Goldman Sachs & Co. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(2937)<br>|
| USD | 22173 | BRL | 125000 | Morgan Stanley & Co. International PLC | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1346)<br>|
| USD | 30918 | BRL | 172000 | UBS AG | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1444)<br>|
| USD | 15220 | CAD | 21000 | Bank of America N.A. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (231)<br>|
| USD | 79128 | CAD | 109000 | BNP Paribas SA | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1071)<br>|
| USD | 141953 | CAD | 195000 | Morgan Stanley & Co. International PLC | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1523)<br>|
| USD | 11285 | CHF | 9000 | Morgan Stanley & Co. International PLC | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (411)<br>|
| USD | 43784 | CLP | 40480000 | UBS AG | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2527)<br>|
| USD | 84469 | CNY | 590000 | Bank of America N.A. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (333)<br>|
| USD | 43035 | CNY | 300000 | BNP Paribas SA | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (84)<br>|
| USD | 3183307 | CNY | 22350000 | UBS AG | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (29100)<br>|
| USD | 53913 | EUR | 46000 | BNP Paribas SA | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (724)<br>|
| USD | 58902 | EUR | 50000 | Morgan Stanley & Co. International PLC | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (485)<br>|
| USD | 86557 | GBP | 64000 | Bank of America N.A. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1012)<br>|
| USD | 67104 | GBP | 50000 | BNP Paribas SA | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1310)<br>|
| USD | 340995 | GBP | 254000 | Morgan Stanley & Co. International PLC | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6547)<br>|
| USD | 268536 | GBP | 201000 | UBS AG | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (6487)<br>|
| USD | 14997 | JPY | 2356000 | Bank of America N.A. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (283)<br>|
| USD | 93159 | JPY | 14470000 | UBS AG | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (685)<br>|
| USD | 23357 | KRW | 33869000 | Bank of America N.A. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (24)<br>|
| USD | 669800 | KRW | 976233000 | Deutsche Bank Securities Inc. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (4126)<br>|
| USD | 99926 | KRW | 146441000 | Goldman Sachs & Co. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1168)<br>|
| USD | 17089 | MXN | 300000 | Bank of America N.A. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (10)<br>|
| USD | 93194 | MXN | 1700000 | Goldman Sachs & Co. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3705)<br>|
| USD | 64311 | MXN | 1166000 | Morgan Stanley & Co. International PLC | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (2150)<br>|
| USD | 317874 | MYR | 1305000 | Goldman Sachs & Co. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (13641)<br>|
| USD | 72455 | PEN | 245000 | Morgan Stanley & Co. International PLC | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (192)<br>|
| USD | 45662 | PLN | 166000 | Morgan Stanley & Co. International PLC | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (1055)<br>|
| USD | 7615 | SEK | 70000 | BNP Paribas SA | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (261)<br>|
| USD | 77117 | SEK | 713000 | Morgan Stanley & Co. International PLC | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3102)<br>|
| USD | 7800 | SGD | 10000 | Bank of America N.A. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (85)<br>|
| USD | 7793 | SGD | 10000 | Goldman Sachs & Co. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (92)<br>|
| USD | 78077 | SGD | 100000 | Morgan Stanley & Co. International PLC | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (768)<br>|
| USD | 2083 | THB | 66000 | Goldman Sachs & Co. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (21)<br>|
| USD | 18826 | ZAR | 310000 | BNP Paribas SA | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (304)<br>|
| USD | 7887 | ZAR | 130000 | Goldman Sachs & Co. | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (135)<br>|
| USD | 21712 | ZAR | 360000 | Morgan Stanley & Co. International PLC | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (504)<br>|
| USD | 80110 | ZAR | 1350000 | UBS AG | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (3197)<br>|
| ZAR | 406000 | USD | 25765 | Morgan Stanley & Co. International PLC | 03/18/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (711)<br>|
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (448046)<br>|
|  |  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(277407)<br>|

---

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares Global Government Bond USD Hedged Active ETF**

**Centrally Cleared Interest Rate Swaps** 

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Paid by the Fund | Paid by the Fund | Received by the Fund | Received by the Fund | &nbsp;&nbsp; *Effective* <br>*Date* | *Termination* <br>*Date* |  | *Notional* <br>*Amount* <br>*(000)* | *Value* | *Upfront* <br>*Premium* <br>*Paid* <br>*(Received)* | *Unrealized* <br>*Appreciation* <br>*(Depreciation)* |
| *Rate* | *Frequency* | *Rate* | *Frequency* | &nbsp;&nbsp; *Effective* <br>*Date* | *Termination* <br>*Date* |  | *Notional* <br>*Amount* <br>*(000)* | *Value* | *Upfront* <br>*Premium* <br>*Paid* <br>*(Received)* | *Unrealized* <br>*Appreciation* <br>*(Depreciation)* |
| 12.65% | Quarterly | &nbsp;&nbsp;&nbsp; 1-day BZDIOVER, <br> 0.05%<br>| Quarterly | N/A | &nbsp;&nbsp; 01/02/29 | &nbsp;&nbsp; BRL | &nbsp;&nbsp; 907 | &nbsp;&nbsp; $108 | &nbsp;&nbsp; $1 | &nbsp;&nbsp; $107 |
| 12.66% | At Termination | &nbsp;&nbsp;&nbsp; 1-day BZDIOVER, <br> 0.05%<br>| At Termination | N/A | &nbsp;&nbsp; 01/02/29 | &nbsp;&nbsp; BRL | &nbsp;&nbsp; 1000 | &nbsp;&nbsp; 53 | &nbsp;&nbsp; 1 | &nbsp;&nbsp; 52 |
| 12.76% | At Termination | &nbsp;&nbsp;&nbsp; 1-day BZDIOVER, <br> 0.05%<br>| At Termination | N/A | &nbsp;&nbsp; 01/02/29 | &nbsp;&nbsp; BRL | &nbsp;&nbsp; 2065 | &nbsp;&nbsp; (843)<br>| &nbsp;&nbsp; 2 | &nbsp;&nbsp; (845)<br>|
| 13.06% | Quarterly | &nbsp;&nbsp;&nbsp; 1-day BZDIOVER, <br> 0.05%<br>| Quarterly | N/A | &nbsp;&nbsp; 01/02/29 | &nbsp;&nbsp; BRL | &nbsp;&nbsp; 2078 | &nbsp;&nbsp; (3935)<br>| &nbsp;&nbsp; 2 | &nbsp;&nbsp; (3937)<br>|
| 13.19% | At Termination | &nbsp;&nbsp;&nbsp; 1-day BZDIOVER, <br> 0.05%<br>| At Termination | N/A | &nbsp;&nbsp; 01/02/29 | &nbsp;&nbsp; BRL | &nbsp;&nbsp; 12102 | &nbsp;&nbsp; (30719)<br>| &nbsp;&nbsp; 10 | &nbsp;&nbsp; (30729)<br>|
| 13.28% | Semi-Annual | &nbsp;&nbsp;&nbsp; 1-day BZDIOVER, <br> 0.05%<br>| Semi-Annual | N/A | &nbsp;&nbsp; 01/02/29 | &nbsp;&nbsp; BRL | &nbsp;&nbsp; 622 | &nbsp;&nbsp; (1471)<br>| &nbsp;&nbsp; 1 | &nbsp;&nbsp; (1472)<br>|
| 13.32% | Quarterly | &nbsp;&nbsp;&nbsp; 1-day BZDIOVER, <br> 0.05%<br>| Quarterly | N/A | &nbsp;&nbsp; 01/02/29 | &nbsp;&nbsp; BRL | &nbsp;&nbsp; 120 | &nbsp;&nbsp; (360)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (360)<br>|
| 13.37% | At Termination | &nbsp;&nbsp;&nbsp; 1-day BZDIOVER, <br> 0.05%<br>| At Termination | N/A | &nbsp;&nbsp; 01/02/29 | &nbsp;&nbsp; BRL | &nbsp;&nbsp; 417 | &nbsp;&nbsp; (921)<br>| &nbsp;&nbsp; 1 | &nbsp;&nbsp; (922)<br>|
| 13.45% | At Termination | &nbsp;&nbsp;&nbsp; 1-day BZDIOVER, <br> 0.05%<br>| At Termination | N/A | &nbsp;&nbsp; 01/02/29 | &nbsp;&nbsp; BRL | &nbsp;&nbsp; 1770 | &nbsp;&nbsp; (5014)<br>| &nbsp;&nbsp; 3 | &nbsp;&nbsp; (5017)<br>|
| 13.55% | At Termination | &nbsp;&nbsp;&nbsp; 1-day BZDIOVER, <br> 0.05%<br>| At Termination | N/A | &nbsp;&nbsp; 01/02/29 | &nbsp;&nbsp; BRL | &nbsp;&nbsp; 161 | &nbsp;&nbsp; (542)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (542)<br>|
| 13.55% | At Termination | &nbsp;&nbsp;&nbsp; 1-day BZDIOVER, <br> 0.05%<br>| At Termination | N/A | &nbsp;&nbsp; 01/02/29 | &nbsp;&nbsp; BRL | &nbsp;&nbsp; 82 | &nbsp;&nbsp; (280)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (280)<br>|
| &nbsp;&nbsp;&nbsp; China Fixing Repo <br> Rates 7-day, <br> 1.64%<br>| At Termination | 1.47% | At Termination | N/A | &nbsp;&nbsp; 12/17/30 | &nbsp;&nbsp; CNY | &nbsp;&nbsp; 7186 | &nbsp;&nbsp; (7808)<br>| &nbsp;&nbsp; 11 | &nbsp;&nbsp; (7819)<br>|
| &nbsp;&nbsp;&nbsp; China Fixing Repo <br> Rates 7-day, <br> 1.64%<br>| At Termination | 1.47% | At Termination | N/A | &nbsp;&nbsp; 12/17/30 | &nbsp;&nbsp; CNY | &nbsp;&nbsp; 1581 | &nbsp;&nbsp; (1728)<br>| &nbsp;&nbsp; 3 | &nbsp;&nbsp; (1731)<br>|
| &nbsp;&nbsp;&nbsp; 1-day <br> TIIEFONDEO, <br> 7.20%<br>| Monthly | 7.84% | Monthly | 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/12/31 | &nbsp;&nbsp; MXN | &nbsp;&nbsp; 11210 | &nbsp;&nbsp; 6909 | &nbsp;&nbsp; 6 | &nbsp;&nbsp; 6903 |
| &nbsp;&nbsp;&nbsp; 1-day <br> TIIEFONDEO, <br> 7.20%<br>| Monthly | 7.86% | Monthly | 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/12/31 | &nbsp;&nbsp; MXN | &nbsp;&nbsp; 7775 | &nbsp;&nbsp; 5162 | &nbsp;&nbsp; 4 | &nbsp;&nbsp; 5158 |
| &nbsp;&nbsp;&nbsp; 1-day <br> TIIEFONDEO, <br> 7.20%<br>| Monthly | 7.99% | Monthly | 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/12/31 | &nbsp;&nbsp; MXN | &nbsp;&nbsp; 4304 | &nbsp;&nbsp; 4189 | &nbsp;&nbsp; 2 | &nbsp;&nbsp; 4187 |
| &nbsp;&nbsp;&nbsp; 1-day SSARON, <br> (0.08)%<br>| Annual | 0.32% | Annual | 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; CHF | &nbsp;&nbsp; 162 | &nbsp;&nbsp; 1117 | &nbsp;&nbsp; 2 | &nbsp;&nbsp; 1115 |
| &nbsp;&nbsp;&nbsp; 1-day SSARON, <br> (0.08)%<br>| Annual | 0.33% | Annual | 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; CHF | &nbsp;&nbsp; 71 | &nbsp;&nbsp; 511 | &nbsp;&nbsp; 1 | &nbsp;&nbsp; 510 |
| &nbsp;&nbsp;&nbsp; 1-day SSARON, <br> (0.08)%<br>| Annual | 0.37% | Annual | 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; CHF | &nbsp;&nbsp; 72 | &nbsp;&nbsp; 730 | &nbsp;&nbsp; 62 | &nbsp;&nbsp; 668 |
| 1.44% | Quarterly | &nbsp;&nbsp;&nbsp; 1-day THOR, <br> 1.23%<br>| Quarterly | 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; THB | &nbsp;&nbsp; 4003 | &nbsp;&nbsp; 339 | &nbsp;&nbsp; 1 | &nbsp;&nbsp; 338 |
| &nbsp;&nbsp;&nbsp; China Fixing Repo <br> Rates 7-day, <br> 1.64%<br>| Quarterly | 1.61% | Quarterly | 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; CNY | &nbsp;&nbsp; 1361 | &nbsp;&nbsp; (257)<br>| &nbsp;&nbsp; 2 | &nbsp;&nbsp; (259)<br>|
| &nbsp;&nbsp;&nbsp; China Fixing Repo <br> Rates 7-day, <br> 1.64%<br>| At Termination | 1.62% | At Termination | 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; CNY | &nbsp;&nbsp; 18069 | &nbsp;&nbsp; (3099)<br>| &nbsp;&nbsp; 29 | &nbsp;&nbsp; (3128)<br>|
| &nbsp;&nbsp;&nbsp; China Fixing Repo <br> Rates 7-day, <br> 1.64%<br>| Quarterly | 1.63% | Quarterly | 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; CNY | &nbsp;&nbsp; 2417 | &nbsp;&nbsp; (223)<br>| &nbsp;&nbsp; 3 | &nbsp;&nbsp; (226)<br>|
| &nbsp;&nbsp;&nbsp; China Fixing Repo <br> Rates 7-day, <br> 1.64%<br>| Quarterly | 1.63% | Quarterly | 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; CNY | &nbsp;&nbsp; 2159 | &nbsp;&nbsp; (119)<br>| &nbsp;&nbsp; 3 | &nbsp;&nbsp; (122)<br>|

---

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares Global Government Bond USD Hedged Active ETF**

**Centrally Cleared Interest Rate Swaps (continued)**

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| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Paid by the Fund | Paid by the Fund | Received by the Fund | Received by the Fund | *Termination*<br> *Date* |  | *Notional*<br> *Amount*<br> *(000)* | *Value* | *Upfront*<br> *Premium*<br> *Paid*<br> *(Received)* | *Unrealized*<br> *Appreciation*<br> *(Depreciation)* |
| *Rate* | *Frequency* | *Rate* | *Frequency* | *Termination*<br> *Date* |  | *Notional*<br> *Amount*<br> *(000)* | *Value* | *Upfront*<br> *Premium*<br> *Paid*<br> *(Received)* | *Unrealized*<br> *Appreciation*<br> *(Depreciation)* |
| &nbsp;&nbsp;&nbsp; China Fixing Repo <br> Rates 7-day, <br> 1.64%<br>| Quarterly | 1.63% | Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; CNY | &nbsp;&nbsp; 6068 | &nbsp;&nbsp; $(609)<br>| &nbsp;&nbsp; $9 | &nbsp;&nbsp; $(618)<br>|
| &nbsp;&nbsp;&nbsp; China Fixing Repo <br> Rates 7-day, <br> 1.64%<br>| Quarterly | 1.63% | Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; CNY | &nbsp;&nbsp; 3604 | &nbsp;&nbsp; (211)<br>| &nbsp;&nbsp; 6 | &nbsp;&nbsp; (217)<br>|
| &nbsp;&nbsp;&nbsp; China Fixing Repo <br> Rates 7-day, <br> 1.64%<br>| Quarterly | 1.64% | Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; CNY | &nbsp;&nbsp; 2103 | &nbsp;&nbsp; (29)<br>| &nbsp;&nbsp; 4 | &nbsp;&nbsp; (33)<br>|
| &nbsp;&nbsp;&nbsp; China Fixing Repo <br> Rates 7-day, <br> 1.64%<br>| Quarterly | 1.67% | Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; CNY | &nbsp;&nbsp; 4103 | &nbsp;&nbsp; 816 | &nbsp;&nbsp; 7 | &nbsp;&nbsp; 809 |
| &nbsp;&nbsp;&nbsp; China Fixing Repo <br> Rates 7-day, <br> 1.64%<br>| At Termination | 1.69% | At Termination<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; CNY | &nbsp;&nbsp; 3709 | &nbsp;&nbsp; 1294 | &nbsp;&nbsp; 6 | &nbsp;&nbsp; 1288 |
| 1.88% | Semi-Annual | &nbsp;&nbsp;&nbsp; 1-day SORA, <br> 1.11%<br>| Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; SGD | &nbsp;&nbsp; 168 | &nbsp;&nbsp; 14 | &nbsp;&nbsp; 1 | &nbsp;&nbsp; 13 |
| &nbsp;&nbsp;&nbsp; 3-mo. TAIBOR, <br> 1.68%<br>| Quarterly | 1.98% | Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; TWD | &nbsp;&nbsp; 2544 | &nbsp;&nbsp; (752)<br>| &nbsp;&nbsp; 1 | &nbsp;&nbsp; (753)<br>|
| &nbsp;&nbsp;&nbsp; 3-mo. TAIBOR, <br> 1.68%<br>| At Termination | 1.99% | At Termination<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; TWD | &nbsp;&nbsp; 2269 | &nbsp;&nbsp; (648)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (648)<br>|
| &nbsp;&nbsp;&nbsp; 3-mo. TAIBOR, <br> 1.68%<br>| At Termination | 2.02% | At Termination<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; TWD | &nbsp;&nbsp; 9863 | &nbsp;&nbsp; (2381)<br>| &nbsp;&nbsp; 3 | &nbsp;&nbsp; (2384)<br>|
| &nbsp;&nbsp;&nbsp; 3-mo. TAIBOR, <br> 1.68%<br>| At Termination | 2.06% | At Termination<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; TWD | &nbsp;&nbsp; 3495 | &nbsp;&nbsp; (608)<br>| &nbsp;&nbsp; 1 | &nbsp;&nbsp; (609)<br>|
| &nbsp;&nbsp;&nbsp; 3-mo. TAIBOR, <br> 1.68%<br>| Quarterly | 2.07% | Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; TWD | &nbsp;&nbsp; 3918 | &nbsp;&nbsp; (612)<br>| &nbsp;&nbsp; 2 | &nbsp;&nbsp; (614)<br>|
| &nbsp;&nbsp;&nbsp; 3-mo. TAIBOR, <br> 1.68%<br>| At Termination | 2.08% | At Termination<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; TWD | &nbsp;&nbsp; 3495 | &nbsp;&nbsp; (536)<br>| &nbsp;&nbsp; 1 | &nbsp;&nbsp; (537)<br>|
| &nbsp;&nbsp;&nbsp; 3-mo. TAIBOR, <br> 1.68%<br>| Quarterly | 2.08% | Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; TWD | &nbsp;&nbsp; 2189 | &nbsp;&nbsp; (313)<br>| &nbsp;&nbsp; 1 | &nbsp;&nbsp; (314)<br>|
| &nbsp;&nbsp;&nbsp; 3-mo. TAIBOR, <br> 1.68%<br>| At Termination | 2.09% | At Termination<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; TWD | &nbsp;&nbsp; 2189 | &nbsp;&nbsp; (287)<br>| &nbsp;&nbsp; 1 | &nbsp;&nbsp; (288)<br>|
| &nbsp;&nbsp;&nbsp; 3-mo. TAIBOR, <br> 1.68%<br>| At Termination | 2.09% | At Termination<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; TWD | &nbsp;&nbsp; 6048 | &nbsp;&nbsp; (821)<br>| &nbsp;&nbsp; 2 | &nbsp;&nbsp; (823)<br>|
| &nbsp;&nbsp;&nbsp; 3-mo. TAIBOR, <br> 1.68%<br>| At Termination | 2.10% | At Termination<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; TWD | &nbsp;&nbsp; 2105 | &nbsp;&nbsp; (258)<br>| &nbsp;&nbsp; 1 | &nbsp;&nbsp; (259)<br>|
| &nbsp;&nbsp;&nbsp; 3-mo. TAIBOR, <br> 1.68%<br>| Quarterly | 2.10% | Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; TWD | &nbsp;&nbsp; 4173 | &nbsp;&nbsp; (481)<br>| &nbsp;&nbsp; 1 | &nbsp;&nbsp; (482)<br>|
| &nbsp;&nbsp;&nbsp; 3-mo. TAIBOR, <br> 1.68%<br>| Quarterly | 2.11% | Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; TWD | &nbsp;&nbsp; 2946 | &nbsp;&nbsp; (309)<br>| &nbsp;&nbsp; 1 | &nbsp;&nbsp; (310)<br>|
| &nbsp;&nbsp;&nbsp; 3-mo. TAIBOR, <br> 1.68%<br>| Semi-Annual | 2.14% | Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; TWD | &nbsp;&nbsp; 1153 | &nbsp;&nbsp; (70)<br>| &nbsp;&nbsp; 1 | &nbsp;&nbsp; (71)<br>|
| &nbsp;&nbsp;&nbsp; 3-mo. TAIBOR, <br> 1.68%<br>| Semi-Annual | 2.14% | Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; TWD | &nbsp;&nbsp; 6135 | &nbsp;&nbsp; (356)<br>| &nbsp;&nbsp; 2 | &nbsp;&nbsp; (358)<br>|
| &nbsp;&nbsp;&nbsp; 3-mo. TAIBOR, <br> 1.68%<br>| Quarterly | 2.17% | Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; TWD | &nbsp;&nbsp; 24312 | &nbsp;&nbsp; (518)<br>| &nbsp;&nbsp; 9 | &nbsp;&nbsp; (527)<br>|
| &nbsp;&nbsp;&nbsp; 3-mo. TAIBOR, <br> 1.68%<br>| At Termination | 2.17% | At Termination<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; TWD | &nbsp;&nbsp; 2775 | &nbsp;&nbsp; (39)<br>| &nbsp;&nbsp; 1 | &nbsp;&nbsp; (40)<br>|
| 2.53% | Annual | &nbsp;&nbsp;&nbsp; 6-mo. EURIBOR, <br> 2.16%<br>| Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; EUR | &nbsp;&nbsp; 151 | &nbsp;&nbsp; 11 | &nbsp;&nbsp; (8)<br>| &nbsp;&nbsp; 19 |
| 2.54% | Annual | &nbsp;&nbsp;&nbsp; 6-mo. EURIBOR, <br> 2.16%<br>| Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; EUR | &nbsp;&nbsp; 316 | &nbsp;&nbsp; (306)<br>| &nbsp;&nbsp; (13)<br>| &nbsp;&nbsp; (293)<br>|
| 2.54% | Annual | &nbsp;&nbsp;&nbsp; 6-mo. EURIBOR, <br> 2.16%<br>| Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; EUR | &nbsp;&nbsp; 5112 | &nbsp;&nbsp; (2529)<br>| &nbsp;&nbsp; 685 | &nbsp;&nbsp; (3214)<br>|
| 2.55% | Annual | &nbsp;&nbsp;&nbsp; 6-mo. EURIBOR, <br> 2.16%<br>| Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; EUR | &nbsp;&nbsp; 410 | &nbsp;&nbsp; (612)<br>| &nbsp;&nbsp; 24 | &nbsp;&nbsp; (636)<br>|

---

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares Global Government Bond USD Hedged Active ETF**

**Centrally Cleared Interest Rate Swaps (continued)**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Paid by the Fund | Paid by the Fund | Received by the Fund | Received by the Fund | *Termination*<br> *Date* |  | *Notional*<br> *Amount*<br> *(000)* | *Value* | *Upfront*<br> *Premium*<br> *Paid*<br> *(Received)* | *Unrealized*<br> *Appreciation*<br> *(Depreciation)* |
| *Rate* | *Frequency* | *Rate* | *Frequency* | *Termination*<br> *Date* |  | *Notional*<br> *Amount*<br> *(000)* | *Value* | *Upfront*<br> *Premium*<br> *Paid*<br> *(Received)* | *Unrealized*<br> *Appreciation*<br> *(Depreciation)* |
| 2.55% | Annual | &nbsp;&nbsp;&nbsp; 6-mo. EURIBOR, <br> 2.16%<br>| Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; EUR | &nbsp;&nbsp; 337 | &nbsp;&nbsp; $(339)<br>| &nbsp;&nbsp; $(11)<br>| &nbsp;&nbsp; $(328)<br>|
| 2.56% | Annual | &nbsp;&nbsp;&nbsp; 6-mo. EURIBOR, <br> 2.16%<br>| Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; EUR | &nbsp;&nbsp; 611 | &nbsp;&nbsp; (1011)<br>| &nbsp;&nbsp; (16)<br>| &nbsp;&nbsp; (995)<br>|
| 2.56% | Annual | &nbsp;&nbsp;&nbsp; 6-mo. EURIBOR, <br> 2.16%<br>| Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; EUR | &nbsp;&nbsp; 517 | &nbsp;&nbsp; (879)<br>| &nbsp;&nbsp; 21 | &nbsp;&nbsp; (900)<br>|
| 2.57% | Annual | &nbsp;&nbsp;&nbsp; 6-mo. EURIBOR, <br> 2.16%<br>| Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; EUR | &nbsp;&nbsp; 705 | &nbsp;&nbsp; (1468)<br>| &nbsp;&nbsp; 86 | &nbsp;&nbsp; (1554)<br>|
| 2.60% | Annual | &nbsp;&nbsp;&nbsp; 6-mo. EURIBOR, <br> 2.16%<br>| Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; EUR | &nbsp;&nbsp; 652 | &nbsp;&nbsp; (2652)<br>| &nbsp;&nbsp; 209 | &nbsp;&nbsp; (2861)<br>|
| &nbsp;&nbsp;&nbsp; 3-mo. STIBOR, <br> 2.02%<br>| Quarterly | 2.61% | Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; SEK | &nbsp;&nbsp; 1169 | &nbsp;&nbsp; 695 | &nbsp;&nbsp; (2)<br>| &nbsp;&nbsp; 697 |
| 2.61% | Annual | &nbsp;&nbsp;&nbsp; 6-mo. EURIBOR, <br> 2.16%<br>| Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; EUR | &nbsp;&nbsp; 472 | &nbsp;&nbsp; (2286)<br>| &nbsp;&nbsp; 39 | &nbsp;&nbsp; (2325)<br>|
| 2.61% | Annual | &nbsp;&nbsp;&nbsp; 6-mo. EURIBOR, <br> 2.16%<br>| Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; EUR | &nbsp;&nbsp; 371 | &nbsp;&nbsp; (1636)<br>| &nbsp;&nbsp; (596)<br>| &nbsp;&nbsp; (1040)<br>|
| &nbsp;&nbsp;&nbsp; 3-mo. STIBOR, <br> 2.02%<br>| Quarterly | 2.62% | Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; SEK | &nbsp;&nbsp; 886 | &nbsp;&nbsp; 557 | &nbsp;&nbsp; 80 | &nbsp;&nbsp; 477 |
| 2.62% | Annual | &nbsp;&nbsp;&nbsp; 6-mo. EURIBOR, <br> 2.16%<br>| Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; EUR | &nbsp;&nbsp; 1322 | &nbsp;&nbsp; (6710)<br>| &nbsp;&nbsp; (498)<br>| &nbsp;&nbsp; (6212)<br>|
| &nbsp;&nbsp;&nbsp; 3-mo. STIBOR, <br> 2.02%<br>| Quarterly | 2.67% | Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; SEK | &nbsp;&nbsp; 2075 | &nbsp;&nbsp; 1882 | &nbsp;&nbsp; 1025 | &nbsp;&nbsp; 857 |
| &nbsp;&nbsp;&nbsp; 3-mo. STIBOR, <br> 2.02%<br>| Quarterly | 2.68% | Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; SEK | &nbsp;&nbsp; 2558 | &nbsp;&nbsp; 2407 | &nbsp;&nbsp; 10 | &nbsp;&nbsp; 2397 |
| &nbsp;&nbsp;&nbsp; 3-mo. STIBOR, <br> 2.02%<br>| Quarterly | 2.68% | Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; SEK | &nbsp;&nbsp; 767 | &nbsp;&nbsp; 708 | &nbsp;&nbsp; (246)<br>| &nbsp;&nbsp; 954 |
| &nbsp;&nbsp;&nbsp; 3-mo. STIBOR, <br> 2.02%<br>| Quarterly | 2.69% | Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; SEK | &nbsp;&nbsp; 498 | &nbsp;&nbsp; 486 | &nbsp;&nbsp; 74 | &nbsp;&nbsp; 412 |
| &nbsp;&nbsp;&nbsp; 3-mo. STIBOR, <br> 2.02%<br>| Quarterly | 2.71% | Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; SEK | &nbsp;&nbsp; 14023 | &nbsp;&nbsp; 15628 | &nbsp;&nbsp; 829 | &nbsp;&nbsp; 14799 |
| 2.87% | Semi-Annual | &nbsp;&nbsp;&nbsp; 1-day CORRA, <br> 2.25%<br>| Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; CAD | &nbsp;&nbsp; 179 | &nbsp;&nbsp; (356)<br>| &nbsp;&nbsp; (308)<br>| &nbsp;&nbsp; (48)<br>|
| 2.88% | Semi-Annual | &nbsp;&nbsp;&nbsp; 1-day CORRA, <br> 2.25%<br>| Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; CAD | &nbsp;&nbsp; 277 | &nbsp;&nbsp; (721)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (721)<br>|
| 2.90% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. HIBOR, <br> 2.82%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; HKD | &nbsp;&nbsp; 722 | &nbsp;&nbsp; 453 | &nbsp;&nbsp; 1 | &nbsp;&nbsp; 452 |
| 2.90% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. HIBOR, <br> 2.83%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; HKD | &nbsp;&nbsp; 222 | &nbsp;&nbsp; 138 | &nbsp;&nbsp; 1 | &nbsp;&nbsp; 137 |
| 2.91% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. HIBOR, <br> 2.82%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; HKD | &nbsp;&nbsp; 2845 | &nbsp;&nbsp; 1623 | &nbsp;&nbsp; 4 | &nbsp;&nbsp; 1619 |
| 2.93% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. HIBOR, <br> 2.83%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; HKD | &nbsp;&nbsp; 379 | &nbsp;&nbsp; 173 | &nbsp;&nbsp; — | &nbsp;&nbsp; 173 |
| 2.95% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. HIBOR, <br> 2.82%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; HKD | &nbsp;&nbsp; 416 | &nbsp;&nbsp; 152 | &nbsp;&nbsp; — | &nbsp;&nbsp; 152 |
| 2.96% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. HIBOR, <br> 2.82%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; HKD | &nbsp;&nbsp; 1158 | &nbsp;&nbsp; 315 | &nbsp;&nbsp; 2 | &nbsp;&nbsp; 313 |
| 2.96% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. HIBOR, <br> 2.82%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; HKD | &nbsp;&nbsp; 1040 | &nbsp;&nbsp; 286 | &nbsp;&nbsp; 1 | &nbsp;&nbsp; 285 |
| 2.97% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. HIBOR, <br> 2.83%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; HKD | &nbsp;&nbsp; 506 | &nbsp;&nbsp; 109 | &nbsp;&nbsp; 1 | &nbsp;&nbsp; 108 |
| 2.98% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. HIBOR, <br> 2.83%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; HKD | &nbsp;&nbsp; 1790 | &nbsp;&nbsp; 330 | &nbsp;&nbsp; 2 | &nbsp;&nbsp; 328 |
| 2.98% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. HIBOR, <br> 2.83%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; HKD | &nbsp;&nbsp; 1166 | &nbsp;&nbsp; 194 | &nbsp;&nbsp; 2 | &nbsp;&nbsp; 192 |
| 3.00% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. HIBOR, <br> 2.83%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; HKD | &nbsp;&nbsp; 469 | &nbsp;&nbsp; 30 | &nbsp;&nbsp; 1 | &nbsp;&nbsp; 29 |
| 3.02% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. HIBOR, <br> 2.83%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; HKD | &nbsp;&nbsp; 4106 | &nbsp;&nbsp; (421)<br>| &nbsp;&nbsp; 6 | &nbsp;&nbsp; (427)<br>|

---

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares Global Government Bond USD Hedged Active ETF**

**Centrally Cleared Interest Rate Swaps (continued)**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Paid by the Fund | Paid by the Fund | Received by the Fund | Received by the Fund | *Termination*<br> *Date* |  | *Notional*<br> *Amount*<br> *(000)* | *Value* | *Upfront*<br> *Premium*<br> *Paid*<br> *(Received)* | *Unrealized*<br> *Appreciation*<br> *(Depreciation)* |
| *Rate* | *Frequency* | *Rate* | *Frequency* | *Termination*<br> *Date* |  | *Notional*<br> *Amount*<br> *(000)* | *Value* | *Upfront*<br> *Premium*<br> *Paid*<br> *(Received)* | *Unrealized*<br> *Appreciation*<br> *(Depreciation)* |
| &nbsp;&nbsp;&nbsp; 3-mo. KRW CDC, <br> 2.73%<br>| At Termination | 3.15% | At Termination<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; KRW | &nbsp;&nbsp; 50845 | &nbsp;&nbsp; $(404)<br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $(404)<br>|
| &nbsp;&nbsp;&nbsp; 3-mo. KRW CDC, <br> 2.73%<br>| Quarterly | 3.17% | Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; KRW | &nbsp;&nbsp; 491180 | &nbsp;&nbsp; (3630)<br>| &nbsp;&nbsp; 4 | &nbsp;&nbsp; (3634)<br>|
| &nbsp;&nbsp;&nbsp; 3-mo. KRW CDC, <br> 2.73%<br>| Quarterly | 3.17% | Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; KRW | &nbsp;&nbsp; 476345 | &nbsp;&nbsp; (3559)<br>| &nbsp;&nbsp; 4 | &nbsp;&nbsp; (3563)<br>|
| &nbsp;&nbsp;&nbsp; 3-mo. KRW CDC, <br> 2.73%<br>| At Termination | 3.18% | At Termination<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; KRW | &nbsp;&nbsp; 994904 | &nbsp;&nbsp; (6888)<br>| &nbsp;&nbsp; 8 | &nbsp;&nbsp; (6896)<br>|
| &nbsp;&nbsp;&nbsp; 3-mo. KRW CDC, <br> 2.73%<br>| Quarterly | 3.19% | Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; KRW | &nbsp;&nbsp; 657949 | &nbsp;&nbsp; (4492)<br>| &nbsp;&nbsp; 5 | &nbsp;&nbsp; (4497)<br>|
| &nbsp;&nbsp;&nbsp; 3-mo. KRW CDC, <br> 2.73%<br>| Quarterly | 3.22% | Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; KRW | &nbsp;&nbsp; 1826354 | &nbsp;&nbsp; (10131)<br>| &nbsp;&nbsp; 13 | &nbsp;&nbsp; (10144)<br>|
| &nbsp;&nbsp;&nbsp; 3-mo. KRW CDC, <br> 2.73%<br>| Quarterly | 3.23% | Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; KRW | &nbsp;&nbsp; 263905 | &nbsp;&nbsp; (1419)<br>| &nbsp;&nbsp; 2 | &nbsp;&nbsp; (1421)<br>|
| &nbsp;&nbsp;&nbsp; 3-mo. KRW CDC, <br> 2.73%<br>| Quarterly | 3.26% | Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; KRW | &nbsp;&nbsp; 353696 | &nbsp;&nbsp; (1605)<br>| &nbsp;&nbsp; 3 | &nbsp;&nbsp; (1608)<br>|
| &nbsp;&nbsp;&nbsp; 3-mo. KRW CDC, <br> 2.73%<br>| At Termination | 3.31% | At Termination<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; KRW | &nbsp;&nbsp; 252281 | &nbsp;&nbsp; (746)<br>| &nbsp;&nbsp; 2 | &nbsp;&nbsp; (748)<br>|
| &nbsp;&nbsp;&nbsp; 3-mo. KRW CDC, <br> 2.73%<br>| At Termination | 3.34% | At Termination<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; KRW | &nbsp;&nbsp; 117065 | &nbsp;&nbsp; (224)<br>| &nbsp;&nbsp; 1 | &nbsp;&nbsp; (225)<br>|
| &nbsp;&nbsp;&nbsp; 3-mo. KRW CDC, <br> 2.73%<br>| At Termination | 3.36% | At Termination<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; KRW | &nbsp;&nbsp; 396499 | &nbsp;&nbsp; (534)<br>| &nbsp;&nbsp; 3 | &nbsp;&nbsp; (537)<br>|
| &nbsp;&nbsp;&nbsp; 3-mo. KRW CDC, <br> 2.73%<br>| Quarterly | 3.37% | Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; KRW | &nbsp;&nbsp; 624010 | &nbsp;&nbsp; (619)<br>| &nbsp;&nbsp; 5 | &nbsp;&nbsp; (624)<br>|
| &nbsp;&nbsp;&nbsp; 3-mo. KRW CDC, <br> 2.73%<br>| Quarterly | 3.39% | Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; KRW | &nbsp;&nbsp; 10001178 | &nbsp;&nbsp; (2088)<br>| &nbsp;&nbsp; 76 | &nbsp;&nbsp; (2164)<br>|
| &nbsp;&nbsp;&nbsp; 1-day SHIR, <br> 4.00%<br>| Annual | 3.42% | Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; ILS | &nbsp;&nbsp; 251 | &nbsp;&nbsp; 8 | &nbsp;&nbsp; 1 | &nbsp;&nbsp; 7 |
| &nbsp;&nbsp;&nbsp; 3-mo. KRW CDC, <br> 2.73%<br>| At Termination | 3.42% | At Termination<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; KRW | &nbsp;&nbsp; 1432685 | &nbsp;&nbsp; 1026 | &nbsp;&nbsp; 11 | &nbsp;&nbsp; 1015 |
| &nbsp;&nbsp;&nbsp; 1-day SHIR, <br> 4.00%<br>| Annual | 3.43% | Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; ILS | &nbsp;&nbsp; 334 | &nbsp;&nbsp; 48 | &nbsp;&nbsp; 2 | &nbsp;&nbsp; 46 |
| &nbsp;&nbsp;&nbsp; 1-day SHIR, <br> 4.00%<br>| Annual | 3.44% | Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; ILS | &nbsp;&nbsp; 287 | &nbsp;&nbsp; 83 | &nbsp;&nbsp; 1 | &nbsp;&nbsp; 82 |
| &nbsp;&nbsp;&nbsp; 1-day SHIR, <br> 4.00%<br>| Annual | 3.46% | Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; ILS | &nbsp;&nbsp; 298 | &nbsp;&nbsp; 183 | &nbsp;&nbsp; 1 | &nbsp;&nbsp; 182 |
| &nbsp;&nbsp;&nbsp; 1-day SHIR, <br> 4.00%<br>| Annual | 3.47% | Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; ILS | &nbsp;&nbsp; 311 | &nbsp;&nbsp; 237 | &nbsp;&nbsp; 1 | &nbsp;&nbsp; 236 |
| &nbsp;&nbsp;&nbsp; 1-day SOFR, <br> 3.68%<br>| Annual | 3.48% | Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; USD | &nbsp;&nbsp; 200 | &nbsp;&nbsp; (515)<br>| &nbsp;&nbsp; 142 | &nbsp;&nbsp; (657)<br>|
| &nbsp;&nbsp;&nbsp; 1-day SOFR, <br> 3.68%<br>| Annual | 3.50% | Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; USD | &nbsp;&nbsp; 343 | &nbsp;&nbsp; (507)<br>| &nbsp;&nbsp; (326)<br>| &nbsp;&nbsp; (181)<br>|
| &nbsp;&nbsp;&nbsp; 1-day SOFR, <br> 3.68%<br>| Annual | 3.52% | Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; USD | &nbsp;&nbsp; 352 | &nbsp;&nbsp; (216)<br>| &nbsp;&nbsp; (974)<br>| &nbsp;&nbsp; 758 |
| &nbsp;&nbsp;&nbsp; 1-day SOFR, <br> 3.68%<br>| Annual | 3.56% | Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; USD | &nbsp;&nbsp; 45 | &nbsp;&nbsp; 48 | &nbsp;&nbsp; (23)<br>| &nbsp;&nbsp; 71 |
| &nbsp;&nbsp;&nbsp; 1-day SOFR, <br> 3.68%<br>| Annual | 3.57% | Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; USD | &nbsp;&nbsp; 2859 | &nbsp;&nbsp; 5545 | &nbsp;&nbsp; 153 | &nbsp;&nbsp; 5392 |
| &nbsp;&nbsp;&nbsp; 1-day SOFR, <br> 3.68%<br>| Annual | 3.58% | Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; USD | &nbsp;&nbsp; 128 | &nbsp;&nbsp; 301 | &nbsp;&nbsp; (30)<br>| &nbsp;&nbsp; 331 |
| &nbsp;&nbsp;&nbsp; 1-day SOFR, <br> 3.68%<br>| Annual | 3.61% | Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; USD | &nbsp;&nbsp; 1133 | &nbsp;&nbsp; 3798 | &nbsp;&nbsp; 1328 | &nbsp;&nbsp; 2470 |
| 3.61% | Annual | &nbsp;&nbsp;&nbsp; 6-mo. PRIBOR, <br> 3.44%<br>| Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; CZK | &nbsp;&nbsp; 1089 | &nbsp;&nbsp; 32 | &nbsp;&nbsp; — | &nbsp;&nbsp; 32 |
| 3.68% | Annual | &nbsp;&nbsp;&nbsp; 6-mo. PRIBOR, <br> 3.44%<br>| Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; CZK | &nbsp;&nbsp; 1189 | &nbsp;&nbsp; (160)<br>| &nbsp;&nbsp; 1 | &nbsp;&nbsp; (161)<br>|
| 3.70% | Annual | &nbsp;&nbsp;&nbsp; 1-day SONIA, <br> 3.72%<br>| Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; GBP | &nbsp;&nbsp; 152 | &nbsp;&nbsp; 693 | &nbsp;&nbsp; 76 | &nbsp;&nbsp; 617 |

---

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares Global Government Bond USD Hedged Active ETF**

**Centrally Cleared Interest Rate Swaps (continued)**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Paid by the Fund | Paid by the Fund | Received by the Fund | Received by the Fund | *Termination*<br> *Date* |  | *Notional*<br> *Amount*<br> *(000)* | *Value* | *Upfront*<br> *Premium*<br> *Paid*<br> *(Received)* | *Unrealized*<br> *Appreciation*<br> *(Depreciation)* |
| *Rate* | *Frequency* | *Rate* | *Frequency* | *Termination*<br> *Date* |  | *Notional*<br> *Amount*<br> *(000)* | *Value* | *Upfront*<br> *Premium*<br> *Paid*<br> *(Received)* | *Unrealized*<br> *Appreciation*<br> *(Depreciation)* |
| 3.73% | Annual | &nbsp;&nbsp;&nbsp; 6-mo. PRIBOR, <br> 3.44%<br>| Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; CZK | &nbsp;&nbsp; 1821 | &nbsp;&nbsp; $(434)<br>| &nbsp;&nbsp; $1 | &nbsp;&nbsp; $(435)<br>|
| 3.75% | Annual | &nbsp;&nbsp;&nbsp; 6-mo. PRIBOR, <br> 3.44%<br>| Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; CZK | &nbsp;&nbsp; 1615 | &nbsp;&nbsp; (475)<br>| &nbsp;&nbsp; 47 | &nbsp;&nbsp; (522)<br>|
| 3.76% | Annual | &nbsp;&nbsp;&nbsp; 6-mo. PRIBOR, <br> 3.44%<br>| Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; CZK | &nbsp;&nbsp; 3793 | &nbsp;&nbsp; (1227)<br>| &nbsp;&nbsp; (408)<br>| &nbsp;&nbsp; (819)<br>|
| &nbsp;&nbsp;&nbsp; 6-mo. WIBOR, <br> 3.79%<br>| Semi-Annual | 3.77% | Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; PLN | &nbsp;&nbsp; 1395 | &nbsp;&nbsp; (846)<br>| &nbsp;&nbsp; 4 | &nbsp;&nbsp; (850)<br>|
| &nbsp;&nbsp;&nbsp; 6-mo. WIBOR, <br> 3.79%<br>| Semi-Annual | 3.77% | Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; PLN | &nbsp;&nbsp; 474 | &nbsp;&nbsp; (252)<br>| &nbsp;&nbsp; 1 | &nbsp;&nbsp; (253)<br>|
| 3.78% | Annual | &nbsp;&nbsp;&nbsp; 6-mo. PRIBOR, <br> 3.44%<br>| Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; CZK | &nbsp;&nbsp; 610 | &nbsp;&nbsp; (212)<br>| &nbsp;&nbsp; 1 | &nbsp;&nbsp; (213)<br>|
| &nbsp;&nbsp;&nbsp; 6-mo. WIBOR, <br> 3.79%<br>| Semi-Annual | 3.79% | Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; PLN | &nbsp;&nbsp; 376 | &nbsp;&nbsp; (91)<br>| &nbsp;&nbsp; 2 | &nbsp;&nbsp; (93)<br>|
| &nbsp;&nbsp;&nbsp; 6-mo. WIBOR, <br> 3.79%<br>| Semi-Annual | 3.79% | Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; PLN | &nbsp;&nbsp; 468 | &nbsp;&nbsp; (120)<br>| &nbsp;&nbsp; 71 | &nbsp;&nbsp; (191)<br>|
| &nbsp;&nbsp;&nbsp; 6-mo. WIBOR, <br> 3.79%<br>| Semi-Annual | 3.79% | Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; PLN | &nbsp;&nbsp; 352 | &nbsp;&nbsp; (97)<br>| &nbsp;&nbsp; 1 | &nbsp;&nbsp; (98)<br>|
| &nbsp;&nbsp;&nbsp; 6-mo. WIBOR, <br> 3.79%<br>| Semi-Annual | 3.81% | Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; PLN | &nbsp;&nbsp; 433 | &nbsp;&nbsp; (5)<br>| &nbsp;&nbsp; 1 | &nbsp;&nbsp; (6)<br>|
| &nbsp;&nbsp;&nbsp; 6-mo. WIBOR, <br> 3.79%<br>| Semi-Annual | 3.81% | Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; PLN | &nbsp;&nbsp; 1089 | &nbsp;&nbsp; (74)<br>| &nbsp;&nbsp; 3 | &nbsp;&nbsp; (77)<br>|
| 3.83% | Annual | &nbsp;&nbsp;&nbsp; 6-mo. PRIBOR, <br> 3.44%<br>| Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; CZK | &nbsp;&nbsp; 6168 | &nbsp;&nbsp; (2856)<br>| &nbsp;&nbsp; 3 | &nbsp;&nbsp; (2859)<br>|
| 3.87% | Annual | &nbsp;&nbsp;&nbsp; 1-day SONIA, <br> 3.72%<br>| Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; GBP | &nbsp;&nbsp; 892 | &nbsp;&nbsp; (5411)<br>| &nbsp;&nbsp; (1921)<br>| &nbsp;&nbsp; (3490)<br>|
| 3.87% | Annual | &nbsp;&nbsp;&nbsp; 1-day SONIA, <br> 3.72%<br>| Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; GBP | &nbsp;&nbsp; 206 | &nbsp;&nbsp; (1262)<br>| &nbsp;&nbsp; (28)<br>| &nbsp;&nbsp; (1234)<br>|
| 3.88% | Annual | &nbsp;&nbsp;&nbsp; 1-day SONIA, <br> 3.72%<br>| Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; GBP | &nbsp;&nbsp; 505 | &nbsp;&nbsp; (3348)<br>| &nbsp;&nbsp; 7 | &nbsp;&nbsp; (3355)<br>|
| 3.88% | Annual | &nbsp;&nbsp;&nbsp; 1-day SONIA, <br> 3.72%<br>| Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; GBP | &nbsp;&nbsp; 460 | &nbsp;&nbsp; (2979)<br>| &nbsp;&nbsp; 7 | &nbsp;&nbsp; (2986)<br>|
| 3.89% | Annual | &nbsp;&nbsp;&nbsp; 1-day SONIA, <br> 3.72%<br>| Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; GBP | &nbsp;&nbsp; 267 | &nbsp;&nbsp; (1909)<br>| &nbsp;&nbsp; 4 | &nbsp;&nbsp; (1913)<br>|
| 4.51% | Semi-Annual | &nbsp;&nbsp;&nbsp; 6-mo. BBSW, <br> 4.09%<br>| Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; AUD | &nbsp;&nbsp; 113 | &nbsp;&nbsp; 334 | &nbsp;&nbsp; — | &nbsp;&nbsp; 334 |
| 4.52% | Semi-Annual | &nbsp;&nbsp;&nbsp; 6-mo. BBSW, <br> 4.09%<br>| Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; AUD | &nbsp;&nbsp; 426 | &nbsp;&nbsp; 1220 | &nbsp;&nbsp; 3 | &nbsp;&nbsp; 1217 |
| 4.52% | Semi-Annual | &nbsp;&nbsp;&nbsp; 6-mo. BBSW, <br> 4.09%<br>| Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; AUD | &nbsp;&nbsp; 230 | &nbsp;&nbsp; 640 | &nbsp;&nbsp; 2 | &nbsp;&nbsp; 638 |
| 4.52% | Semi-Annual | &nbsp;&nbsp;&nbsp; 6-mo. BBSW, <br> 4.09%<br>| Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; AUD | &nbsp;&nbsp; 288 | &nbsp;&nbsp; 758 | &nbsp;&nbsp; 2 | &nbsp;&nbsp; 756 |
| 4.52% | Semi-Annual | &nbsp;&nbsp;&nbsp; 6-mo. BBSW, <br> 4.09%<br>| Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; AUD | &nbsp;&nbsp; 255 | &nbsp;&nbsp; 728 | &nbsp;&nbsp; 2 | &nbsp;&nbsp; 726 |
| 4.53% | Semi-Annual | &nbsp;&nbsp;&nbsp; 6-mo. BBSW, <br> 4.09%<br>| Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; AUD | &nbsp;&nbsp; 212 | &nbsp;&nbsp; 521 | &nbsp;&nbsp; 2 | &nbsp;&nbsp; 519 |
| 4.53% | Semi-Annual | &nbsp;&nbsp;&nbsp; 6-mo. BBSW, <br> 4.09%<br>| Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; AUD | &nbsp;&nbsp; 255 | &nbsp;&nbsp; 589 | &nbsp;&nbsp; 1 | &nbsp;&nbsp; 588 |
| 4.55% | Semi-Annual | &nbsp;&nbsp;&nbsp; 6-mo. BBSW, <br> 4.09%<br>| Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; AUD | &nbsp;&nbsp; 1226 | &nbsp;&nbsp; 2242 | &nbsp;&nbsp; 9 | &nbsp;&nbsp; 2233 |
| 4.56% | Semi-Annual | &nbsp;&nbsp;&nbsp; 6-mo. BBSW, <br> 4.09%<br>| Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; AUD | &nbsp;&nbsp; 84 | &nbsp;&nbsp; 129 | &nbsp;&nbsp; 1 | &nbsp;&nbsp; 128 |
| 4.57% | Semi-Annual | &nbsp;&nbsp;&nbsp; 6-mo. BBSW, <br> 4.09%<br>| Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; AUD | &nbsp;&nbsp; 488 | &nbsp;&nbsp; 553 | &nbsp;&nbsp; 4 | &nbsp;&nbsp; 549 |
| 4.58% | Semi-Annual | &nbsp;&nbsp;&nbsp; 6-mo. BBSW, <br> 4.09%<br>| Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; AUD | &nbsp;&nbsp; 84 | &nbsp;&nbsp; 73 | &nbsp;&nbsp; 1 | &nbsp;&nbsp; 72 |
| 4.58% | Semi-Annual | &nbsp;&nbsp;&nbsp; 6-mo. BBSW, <br> 4.09%<br>| Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; AUD | &nbsp;&nbsp; 396 | &nbsp;&nbsp; 314 | &nbsp;&nbsp; 3 | &nbsp;&nbsp; 311 |

---

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares Global Government Bond USD Hedged Active ETF**

**Centrally Cleared Interest Rate Swaps (continued)**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Paid by the Fund | Paid by the Fund | Received by the Fund | Received by the Fund | *Termination*<br> *Date* |  | *Notional*<br> *Amount*<br> *(000)* | *Value* | *Upfront*<br> *Premium*<br> *Paid*<br> *(Received)* | *Unrealized*<br> *Appreciation*<br> *(Depreciation)* |
| *Rate* | *Frequency* | *Rate* | *Frequency* | *Termination*<br> *Date* |  | *Notional*<br> *Amount*<br> *(000)* | *Value* | *Upfront*<br> *Premium*<br> *Paid*<br> *(Received)* | *Unrealized*<br> *Appreciation*<br> *(Depreciation)* |
| 4.63% | Semi-Annual | &nbsp;&nbsp;&nbsp; 6-mo. BBSW, <br> 4.09%<br>| Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; AUD | &nbsp;&nbsp; 509 | &nbsp;&nbsp; $(383)<br>| &nbsp;&nbsp; $4 | &nbsp;&nbsp; $(387)<br>|
| 4.63% | Semi-Annual | &nbsp;&nbsp;&nbsp; 6-mo. BBSW, <br> 4.09%<br>| Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; AUD | &nbsp;&nbsp; 264 | &nbsp;&nbsp; (160)<br>| &nbsp;&nbsp; 2 | &nbsp;&nbsp; (162)<br>|
| 4.66% | Semi-Annual | &nbsp;&nbsp;&nbsp; 6-mo. BBSW, <br> 4.09%<br>| Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; AUD | &nbsp;&nbsp; 590 | &nbsp;&nbsp; (882)<br>| &nbsp;&nbsp; 4 | &nbsp;&nbsp; (886)<br>|
| &nbsp;&nbsp;&nbsp; 1-day MIBOR, <br> 5.53%<br>| Semi annual | 5.74% | Semi annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; INR | &nbsp;&nbsp; 250 | &nbsp;&nbsp; (51)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (51)<br>|
| &nbsp;&nbsp;&nbsp; 1-day MIBOR, <br> 5.53%<br>| At Termination | 5.74% | At Termination<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; INR | &nbsp;&nbsp; 8516 | &nbsp;&nbsp; (1736)<br>| &nbsp;&nbsp; 1 | &nbsp;&nbsp; (1737)<br>|
| &nbsp;&nbsp;&nbsp; 1-day MIBOR, <br> 5.53%<br>| At Termination | 5.74% | At Termination<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; INR | &nbsp;&nbsp; 17890 | &nbsp;&nbsp; (3637)<br>| &nbsp;&nbsp; 2 | &nbsp;&nbsp; (3639)<br>|
| &nbsp;&nbsp;&nbsp; 1-day MIBOR, <br> 5.53%<br>| Quarterly | 5.76% | Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; INR | &nbsp;&nbsp; 5025 | &nbsp;&nbsp; (978)<br>| &nbsp;&nbsp; 1 | &nbsp;&nbsp; (979)<br>|
| &nbsp;&nbsp;&nbsp; 1-day MIBOR, <br> 5.53%<br>| Semi-Annual | 5.76% | Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; INR | &nbsp;&nbsp; 5025 | &nbsp;&nbsp; (993)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (993)<br>|
| &nbsp;&nbsp;&nbsp; 1-day MIBOR, <br> 5.53%<br>| At Termination | 5.77% | At Termination<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; INR | &nbsp;&nbsp; 9326 | &nbsp;&nbsp; (1786)<br>| &nbsp;&nbsp; 1 | &nbsp;&nbsp; (1787)<br>|
| &nbsp;&nbsp;&nbsp; 1-day MIBOR, <br> 5.53%<br>| At Termination | 5.77% | At Termination<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; INR | &nbsp;&nbsp; 4635 | &nbsp;&nbsp; (878)<br>| &nbsp;&nbsp; 1 | &nbsp;&nbsp; (879)<br>|
| &nbsp;&nbsp;&nbsp; 1-day MIBOR, <br> 5.53%<br>| At Termination | 5.77% | At Termination<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; INR | &nbsp;&nbsp; 8610 | &nbsp;&nbsp; (1662)<br>| &nbsp;&nbsp; 1 | &nbsp;&nbsp; (1663)<br>|
| &nbsp;&nbsp;&nbsp; 1-day MIBOR, <br> 5.53%<br>| Semi-Annual | 5.85% | Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; INR | &nbsp;&nbsp; 24977 | &nbsp;&nbsp; (3931)<br>| &nbsp;&nbsp; 3 | &nbsp;&nbsp; (3934)<br>|
| &nbsp;&nbsp;&nbsp; 1-day MIBOR, <br> 5.53%<br>| At Termination | 5.85% | At Termination<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; INR | &nbsp;&nbsp; 24977 | &nbsp;&nbsp; (3870)<br>| &nbsp;&nbsp; 3 | &nbsp;&nbsp; (3873)<br>|
| &nbsp;&nbsp;&nbsp; 1-day MIBOR, <br> 5.53%<br>| At Termination | 5.86% | At Termination<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; INR | &nbsp;&nbsp; 12648 | &nbsp;&nbsp; (1883)<br>| &nbsp;&nbsp; 1 | &nbsp;&nbsp; (1884)<br>|
| &nbsp;&nbsp;&nbsp; 1-day MIBOR, <br> 5.53%<br>| At Termination | 5.94% | At Termination<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; INR | &nbsp;&nbsp; 32131 | &nbsp;&nbsp; (3661)<br>| &nbsp;&nbsp; 4 | &nbsp;&nbsp; (3665)<br>|
| &nbsp;&nbsp;&nbsp; 1-day MIBOR, <br> 5.53%<br>| At Termination | 5.95% | At Termination<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; INR | &nbsp;&nbsp; 6225 | &nbsp;&nbsp; (688)<br>| &nbsp;&nbsp; 1 | &nbsp;&nbsp; (689)<br>|
| &nbsp;&nbsp;&nbsp; 1-day MIBOR, <br> 5.53%<br>| Semi Annual | 5.95% | Semi Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; INR | &nbsp;&nbsp; 26843 | &nbsp;&nbsp; (2961)<br>| &nbsp;&nbsp; 3 | &nbsp;&nbsp; (2964)<br>|
| &nbsp;&nbsp;&nbsp; 1-day MIBOR, <br> 5.53%<br>| Semi Annual | 5.95% | Semi Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; INR | &nbsp;&nbsp; 26843 | &nbsp;&nbsp; (2949)<br>| &nbsp;&nbsp; 3 | &nbsp;&nbsp; (2952)<br>|
| &nbsp;&nbsp;&nbsp; 1-day MIBOR, <br> 5.53%<br>| Quarterly | 5.95% | Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; INR | &nbsp;&nbsp; 10930 | &nbsp;&nbsp; (1213)<br>| &nbsp;&nbsp; 1 | &nbsp;&nbsp; (1214)<br>|
| &nbsp;&nbsp;&nbsp; 1-day MIBOR, <br> 5.53%<br>| Semi Annual | 5.96% | Semi Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; INR | &nbsp;&nbsp; 31527 | &nbsp;&nbsp; (3320)<br>| &nbsp;&nbsp; 4 | &nbsp;&nbsp; (3324)<br>|
| &nbsp;&nbsp;&nbsp; 1-day MIBOR, <br> 5.53%<br>| Quarterly | 5.96% | Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; INR | &nbsp;&nbsp; 13500 | &nbsp;&nbsp; (1416)<br>| &nbsp;&nbsp; 1 | &nbsp;&nbsp; (1417)<br>|
| &nbsp;&nbsp;&nbsp; 1-day MIBOR, <br> 5.53%<br>| Semi Annual | 5.96% | Semi Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; INR | &nbsp;&nbsp; 16643 | &nbsp;&nbsp; (1791)<br>| &nbsp;&nbsp; 2 | &nbsp;&nbsp; (1793)<br>|
| &nbsp;&nbsp;&nbsp; 1-day MIBOR, <br> 5.53%<br>| Semi-Annual | 5.97% | Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; INR | &nbsp;&nbsp; 35027 | &nbsp;&nbsp; (3495)<br>| &nbsp;&nbsp; 5 | &nbsp;&nbsp; (3500)<br>|
| &nbsp;&nbsp;&nbsp; 1-day MIBOR, <br> 5.53%<br>| At Termination | 5.97% | At Termination<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; INR | &nbsp;&nbsp; 53422 | &nbsp;&nbsp; (5457)<br>| &nbsp;&nbsp; 7 | &nbsp;&nbsp; (5464)<br>|
| &nbsp;&nbsp;&nbsp; 1-day MIBOR, <br> 5.53%<br>| At Termination | 5.98% | At Termination<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; INR | &nbsp;&nbsp; 36983 | &nbsp;&nbsp; (3516)<br>| &nbsp;&nbsp; 5 | &nbsp;&nbsp; (3521)<br>|
| &nbsp;&nbsp;&nbsp; 1-day MIBOR, <br> 5.53%<br>| At Termination | 6.01% | At Termination<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; INR | &nbsp;&nbsp; 26348 | &nbsp;&nbsp; (2142)<br>| &nbsp;&nbsp; 3 | &nbsp;&nbsp; (2145)<br>|
| &nbsp;&nbsp;&nbsp; 1-day MIBOR, <br> 5.53%<br>| Semi-Annual | 6.01% | Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; INR | &nbsp;&nbsp; 14645 | &nbsp;&nbsp; (1197)<br>| &nbsp;&nbsp; 2 | &nbsp;&nbsp; (1199)<br>|
| &nbsp;&nbsp;&nbsp; 1-day MIBOR, <br> 5.53%<br>| Quarterly | 6.02% | Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; INR | &nbsp;&nbsp; 50690 | &nbsp;&nbsp; (4040)<br>| &nbsp;&nbsp; 6 | &nbsp;&nbsp; (4046)<br>|
| &nbsp;&nbsp;&nbsp; 1-day MIBOR, <br> 5.53%<br>| At Termination | 6.03% | At Termination<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; INR | &nbsp;&nbsp; 20838 | &nbsp;&nbsp; (1500)<br>| &nbsp;&nbsp; 3 | &nbsp;&nbsp; (1503)<br>|

---

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares Global Government Bond USD Hedged Active ETF**

**Centrally Cleared Interest Rate Swaps (continued)**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Paid by the Fund | Paid by the Fund | Received by the Fund | Received by the Fund | *Termination*<br> *Date* |  | *Notional*<br> *Amount*<br> *(000)* | *Value* | *Upfront*<br> *Premium*<br> *Paid*<br> *(Received)* | *Unrealized*<br> *Appreciation*<br> *(Depreciation)* |
| *Rate* | *Frequency* | *Rate* | *Frequency* | *Termination*<br> *Date* |  | *Notional*<br> *Amount*<br> *(000)* | *Value* | *Upfront*<br> *Premium*<br> *Paid*<br> *(Received)* | *Unrealized*<br> *Appreciation*<br> *(Depreciation)* |
| &nbsp;&nbsp;&nbsp; 1-day MIBOR, <br> 5.53%<br>| At Termination | 6.12% | At Termination<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; INR | &nbsp;&nbsp; 92419 | &nbsp;&nbsp; $(2903)<br>| &nbsp;&nbsp; $11 | &nbsp;&nbsp; $(2914)<br>|
| &nbsp;&nbsp;&nbsp; 1-day MIBOR, <br> 5.53%<br>| At Termination | 6.12% | At Termination<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; INR | &nbsp;&nbsp; 92419 | &nbsp;&nbsp; (3070)<br>| &nbsp;&nbsp; 12 | &nbsp;&nbsp; (3082)<br>|
| &nbsp;&nbsp;&nbsp; 1-day MIBOR, <br> 5.53%<br>| At Termination | 6.15% | At Termination<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; INR | &nbsp;&nbsp; 16103 | &nbsp;&nbsp; (287)<br>| &nbsp;&nbsp; 2 | &nbsp;&nbsp; (289)<br>|
| &nbsp;&nbsp;&nbsp; 1-day MIBOR, <br> 5.53%<br>| Quarterly | 6.17% | Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; INR | &nbsp;&nbsp; 61394 | &nbsp;&nbsp; (731)<br>| &nbsp;&nbsp; 8 | &nbsp;&nbsp; (739)<br>|
| &nbsp;&nbsp;&nbsp; 1-day MIBOR, <br> 5.53%<br>| Quarterly | 6.18% | Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; INR | &nbsp;&nbsp; 43142 | &nbsp;&nbsp; (201)<br>| &nbsp;&nbsp; 5 | &nbsp;&nbsp; (206)<br>|
| &nbsp;&nbsp;&nbsp; 1-day MIBOR, <br> 5.53%<br>| Quarterly | 6.21% | Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; INR | &nbsp;&nbsp; 76014 | &nbsp;&nbsp; 491 | &nbsp;&nbsp; 10 | &nbsp;&nbsp; 481 |
| &nbsp;&nbsp;&nbsp; 1-day MIBOR, <br> 5.53%<br>| Semi Annual | 6.21% | Semi Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; INR | &nbsp;&nbsp; 61013 | &nbsp;&nbsp; 366 | &nbsp;&nbsp; 7 | &nbsp;&nbsp; 359 |
| &nbsp;&nbsp;&nbsp; 1-day MIBOR, <br> 5.53%<br>| Semi-Annual | 6.21% | Semi-Annual<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; INR | &nbsp;&nbsp; 47203 | &nbsp;&nbsp; 358 | &nbsp;&nbsp; 6 | &nbsp;&nbsp; 352 |
| 6.59% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. JIBAR, <br> 6.71%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; ZAR | &nbsp;&nbsp; 21997 | &nbsp;&nbsp; 1523 | &nbsp;&nbsp; 15 | &nbsp;&nbsp; 1508 |
| 6.60% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. JIBAR, <br> 6.71%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; ZAR | &nbsp;&nbsp; 18056 | &nbsp;&nbsp; 492 | &nbsp;&nbsp; 13 | &nbsp;&nbsp; 479 |
| 6.61% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. JIBAR, <br> 6.71%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; ZAR | &nbsp;&nbsp; 2095 | &nbsp;&nbsp; 8 | &nbsp;&nbsp; 2 | &nbsp;&nbsp; 6 |
| 6.62% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. JIBAR, <br> 6.71%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; ZAR | &nbsp;&nbsp; 487 | &nbsp;&nbsp; (14)<br>| &nbsp;&nbsp; 1 | &nbsp;&nbsp; (15)<br>|
| 6.63% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. JIBAR, <br> 6.71%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; ZAR | &nbsp;&nbsp; 5602 | &nbsp;&nbsp; (333)<br>| &nbsp;&nbsp; 4 | &nbsp;&nbsp; (337)<br>|
| 6.65% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. JIBAR, <br> 6.71%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; ZAR | &nbsp;&nbsp; 2665 | &nbsp;&nbsp; (270)<br>| &nbsp;&nbsp; 2 | &nbsp;&nbsp; (272)<br>|
| 6.66% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. JIBAR, <br> 6.71%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; ZAR | &nbsp;&nbsp; 2082 | &nbsp;&nbsp; (266)<br>| &nbsp;&nbsp; 1 | &nbsp;&nbsp; (267)<br>|
| 6.66% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. JIBAR, <br> 6.71%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; ZAR | &nbsp;&nbsp; 2998 | &nbsp;&nbsp; (343)<br>| &nbsp;&nbsp; 2 | &nbsp;&nbsp; (345)<br>|
| 6.68% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. JIBAR, <br> 6.71%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; ZAR | &nbsp;&nbsp; 3470 | &nbsp;&nbsp; (580)<br>| &nbsp;&nbsp; 2 | &nbsp;&nbsp; (582)<br>|
| 6.74% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. JIBAR, <br> 6.71%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; ZAR | &nbsp;&nbsp; 895 | &nbsp;&nbsp; (300)<br>| &nbsp;&nbsp; 1 | &nbsp;&nbsp; (301)<br>|
| 6.74% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. JIBAR, <br> 6.71%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; ZAR | &nbsp;&nbsp; 2902 | &nbsp;&nbsp; (965)<br>| &nbsp;&nbsp; 2 | &nbsp;&nbsp; (967)<br>|
| 6.75% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. JIBAR, <br> 6.71%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; ZAR | &nbsp;&nbsp; 175 | &nbsp;&nbsp; (63)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (63)<br>|
| 6.76% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. JIBAR, <br> 6.71%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; ZAR | &nbsp;&nbsp; 4179 | &nbsp;&nbsp; (1631)<br>| &nbsp;&nbsp; 3 | &nbsp;&nbsp; (1634)<br>|
| 6.78% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. JIBAR, <br> 6.71%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; ZAR | &nbsp;&nbsp; 2135 | &nbsp;&nbsp; (951)<br>| &nbsp;&nbsp; 1 | &nbsp;&nbsp; (952)<br>|
| 6.80% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. JIBAR, <br> 6.71%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; ZAR | &nbsp;&nbsp; 4122 | &nbsp;&nbsp; (1988)<br>| &nbsp;&nbsp; 2 | &nbsp;&nbsp; (1990)<br>|
| 6.83% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. JIBAR, <br> 6.71%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; ZAR | &nbsp;&nbsp; 760 | &nbsp;&nbsp; (426)<br>| &nbsp;&nbsp; 1 | &nbsp;&nbsp; (427)<br>|
| 6.85% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. JIBAR, <br> 6.71%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; ZAR | &nbsp;&nbsp; 15273 | &nbsp;&nbsp; (9671)<br>| &nbsp;&nbsp; 10 | &nbsp;&nbsp; (9681)<br>|
| 6.86% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. JIBAR, <br> 6.71%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; ZAR | &nbsp;&nbsp; 3052 | &nbsp;&nbsp; (1977)<br>| &nbsp;&nbsp; 2 | &nbsp;&nbsp; (1979)<br>|
| 6.87% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. JIBAR, <br> 6.71%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; ZAR | &nbsp;&nbsp; 4062 | &nbsp;&nbsp; (2737)<br>| &nbsp;&nbsp; 3 | &nbsp;&nbsp; (2740)<br>|
| 6.90% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. JIBAR, <br> 6.71%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; ZAR | &nbsp;&nbsp; 4215 | &nbsp;&nbsp; (3194)<br>| &nbsp;&nbsp; 3 | &nbsp;&nbsp; (3197)<br>|
| 6.90% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. JIBAR, <br> 6.71%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; ZAR | &nbsp;&nbsp; 1023 | &nbsp;&nbsp; (783)<br>| &nbsp;&nbsp; 1 | &nbsp;&nbsp; (784)<br>|

---

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares Global Government Bond USD Hedged Active ETF**

**Centrally Cleared Interest Rate Swaps (continued)**

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Paid by the Fund | Paid by the Fund | Received by the Fund | Received by the Fund | *Termination*<br> *Date* |  | *Notional*<br> *Amount*<br> *(000)* | *Value* | *Upfront*<br> *Premium*<br> *Paid*<br> *(Received)* | *Unrealized*<br> *Appreciation*<br> *(Depreciation)* |
| *Rate* | *Frequency* | *Rate* | *Frequency* | *Termination*<br> *Date* |  | *Notional*<br> *Amount*<br> *(000)* | *Value* | *Upfront*<br> *Premium*<br> *Paid*<br> *(Received)* | *Unrealized*<br> *Appreciation*<br> *(Depreciation)* |
| 6.90% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. JIBAR, <br> 6.71%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; ZAR | &nbsp;&nbsp; 2411 | &nbsp;&nbsp; $(1821)<br>| &nbsp;&nbsp; $2 | &nbsp;&nbsp; $(1823)<br>|
| 6.91% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. JIBAR, <br> 6.71%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; ZAR | &nbsp;&nbsp; 10828 | &nbsp;&nbsp; (8405)<br>| &nbsp;&nbsp; 7 | &nbsp;&nbsp; (8412)<br>|
| 6.91% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. JIBAR, <br> 6.71%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; ZAR | &nbsp;&nbsp; 1626 | &nbsp;&nbsp; (1258)<br>| &nbsp;&nbsp; 1 | &nbsp;&nbsp; (1259)<br>|
| 6.98% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. JIBAR, <br> 6.71%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; ZAR | &nbsp;&nbsp; 2501 | &nbsp;&nbsp; (2388)<br>| &nbsp;&nbsp; 2 | &nbsp;&nbsp; (2390)<br>|
| 7.10% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. JIBAR, <br> 6.71%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; ZAR | &nbsp;&nbsp; 3113 | &nbsp;&nbsp; (4027)<br>| &nbsp;&nbsp; 2 | &nbsp;&nbsp; (4029)<br>|
| 7.12% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. JIBAR, <br> 6.71%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; ZAR | &nbsp;&nbsp; 14546 | &nbsp;&nbsp; (19294)<br>| &nbsp;&nbsp; 10 | &nbsp;&nbsp; (19304)<br>|
| 7.13% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. JIBAR, <br> 6.71%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; ZAR | &nbsp;&nbsp; 13427 | &nbsp;&nbsp; (18286)<br>| &nbsp;&nbsp; 9 | &nbsp;&nbsp; (18295)<br>|
| 7.13% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. JIBAR, <br> 6.71%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; ZAR | &nbsp;&nbsp; 2696 | &nbsp;&nbsp; (3665)<br>| &nbsp;&nbsp; 1 | &nbsp;&nbsp; (3666)<br>|
| 7.14% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. JIBAR, <br> 6.71%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; ZAR | &nbsp;&nbsp; 3970 | &nbsp;&nbsp; (5553)<br>| &nbsp;&nbsp; 2 | &nbsp;&nbsp; (5555)<br>|
| 7.17% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. JIBAR, <br> 6.71%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; ZAR | &nbsp;&nbsp; 6510 | &nbsp;&nbsp; (9550)<br>| &nbsp;&nbsp; 4 | &nbsp;&nbsp; (9554)<br>|
| 7.23% | Quarterly | &nbsp;&nbsp;&nbsp; 3-mo. JIBAR, <br> 6.71%<br>| Quarterly<br> 3/18/2026<sup>(a)</sup> <br>| &nbsp;&nbsp; 03/18/31 | &nbsp;&nbsp; ZAR | &nbsp;&nbsp; 12436 | &nbsp;&nbsp; (20251)<br>| &nbsp;&nbsp; 7 | &nbsp;&nbsp; (20258)<br>|
|  |  |  |  |  |  |  | &nbsp;&nbsp; $(268016)<br>| &nbsp;&nbsp; $185 | &nbsp;&nbsp; $(268201)<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> Forward Swap.

**OTC Interest Rate Swaps** 

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Paid by the Fund | Paid by the Fund | Received by the Fund | Received by the Fund | *Counterparty* | *Effective* <br>*Date* | *Termination* <br>*Date* |  | *Notional* <br>*Amount* <br>*(000)* | *Value* | *Upfront* <br>*Premium* <br>*Paid* <br>*(Received)* | *Unrealized* <br>*Appreciation* <br>*(Depreciation)* |
| *Rate* | *Frequency* | *Rate* | *Frequency* | *Counterparty* | *Effective* <br>*Date* | *Termination* <br>*Date* |  | *Notional* <br>*Amount* <br>*(000)* | *Value* | *Upfront* <br>*Premium* <br>*Paid* <br>*(Received)* | *Unrealized* <br>*Appreciation* <br>*(Depreciation)* |
| 13.25% | At Termination | &nbsp;&nbsp;&nbsp; 1-day BZDIOVER, <br> 0.06%<br>| At Termination | &nbsp;&nbsp;&nbsp; Bank of America <br> N.A.<br>| &nbsp;&nbsp; N/A | &nbsp;&nbsp; 01/02/29 | &nbsp;&nbsp; BRL | &nbsp;&nbsp; $11437 | &nbsp;&nbsp; $(14765)<br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $(14765)<br>|

---

**Fair Value Hierarchy as of Period End** 

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

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

• Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – Inputs that are unobservable and significant to the entire fair value measurement for the asset or liability (including the Valuation Committee's assumptions used in determining the fair value of financial instruments).

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

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares Global Government Bond USD Hedged Active ETF**

**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;&nbsp; Long-Term Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Government Obligations | &nbsp;&nbsp; $— | &nbsp;&nbsp; $24548477 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $24548477 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; U.S. Government Obligations | &nbsp;&nbsp; — | &nbsp;&nbsp; 14402643 | &nbsp;&nbsp; — | &nbsp;&nbsp; 14402643 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Short-Term Securities  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp; 673858 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 673858 |
|  | &nbsp;&nbsp; $673858 | &nbsp;&nbsp; $38951120 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $39624978 |
| Derivative Financial Instruments<sup>(a)</sup>  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Assets  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Exchange Contracts | &nbsp;&nbsp; $— | &nbsp;&nbsp; $170639 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $170639 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Contracts | &nbsp;&nbsp; 224439 | &nbsp;&nbsp; 68043 | &nbsp;&nbsp; — | &nbsp;&nbsp; 292482 |
| &nbsp;&nbsp;&nbsp; Liabilities  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign Currency Exchange Contracts | &nbsp;&nbsp; — | &nbsp;&nbsp; (448046)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (448046)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest Rate Contracts | &nbsp;&nbsp; (67743)<br>| &nbsp;&nbsp; (351009)<br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (418752)<br>|
|  | &nbsp;&nbsp; $156696 | &nbsp;&nbsp; $(560373)<br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $(403677)<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> Derivative financial instruments are swaps, futures contracts and forward foreign currency exchange contracts. Swaps, futures contracts and forward foreign currency exchange contracts are valued at the unrealized appreciation (depreciation) on the instrument. 

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Currency Abbreviation** | **Currency Abbreviation** |
| AUD | Australian Dollar |
| BRL | Brazilian Real |
| CAD | Canadian Dollar |
| CHF | Swiss Franc |
| CLP | Chilean Peso |
| CNY | Chinese Yuan |
| COP | Colombian Peso |
| CZK | Czech Koruna |
| DKK | Danish Krone |
| EUR | Euro |
| GBP | British Pound |
| HKD | Hong Kong Dollar |
| HUF | Hungarian Forint |
| IDR | Indonesian Rupiah |
| ILS | Israeli Shekel |
| INR | Indian Rupee |
| JPY | Japanese Yen |
| KRW | South Korean Won |
| MXN | Mexican Peso |
| MYR | Malaysian Ringgit |
| NOK | Norwegian Krone |
| NZD | New Zealand Dollar |
| PEN | Peru Nuevo Sol |
| PLN | Polish Zloty |
| RON | Romanian Leu |
| SEK | Swedish Krona |
| SGD | Singapore Dollar |
| THB | Thai Baht |
| TWD | New Taiwan Dollar |
| USD | United States Dollar |
| ZAR | South African Rand |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Portfolio Abbreviation** | **Portfolio Abbreviation** |
| BZDIOVER | Overnight Brazil CETIP — Interbank Rate |
| CORRA | Canadian Overnight Repo Rate |

---

---

| | |
|:---|:---|
| EURIBOR | Euro Interbank Offered Rate |
| JIBAR | Johannesburg Interbank Agreed Rate |
| SHIR | ILS - Shekel Overnight Interest Rate |
| SOFR | Secured Overnight Financing Rate |

---

------

Schedule of Investments (unaudited)(continued)

January 31, 2026

**iShares Global Government Bond USD Hedged Active ETF**

---

| | |
|:---|:---|
| **Portfolio Abbreviation (continued)** | **Portfolio Abbreviation (continued)** |
| SONIA | Sterling Overnight Interbank Average Rate |
| SORA | SGD - Overnight Rate Average |
| SSARON | CHF - Swiss Average Rate O/N |

---

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** BlackRock ETF Trust II

- **b. Investment Company Act file number:** 811-23511

- **c. CIK number of Registrant:** 0001804196

- **d. LEI of Registrant:** 549300PLJCTZLQ2LE832

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

  - **Street Address 1:** 100 BELLEVUE PARKWAY

  - **City:** WILMINGTON

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

  - **Telephone number:** 800-441-7762

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

- **a. Name of Series:** iShares Global Government Bond USD Hedged Active ETF

- **b. EDGAR series identifier (if any):** S000092377

- **c. LEI of Series:** 529900L8PU1B65289D41

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

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-01-31

**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:** $43227209.18

**Total Liabilities:** $367647.79

**Net Assets:** $42859561.39

**Cash Not Reported:** $3071175.81

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.03000000 | **1-Year:** 198.21000000 | **5-Year:** 1714.34000000 | **10-Year:** 2140.59000000 | **30-Year:** 1665.08000000

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

- **3-Month:** 10.49000000 | **1-Year:** 0.00000000 | **5-Year:** 2743.70000000 | **10-Year:** -4442.85000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000260349 | -0.02%               | -0.08%               | -0.29%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-48331.69               | $-63968.55                                 |
| Month 2  | $-129003.07              | $44573.44                                  |
| Month 3  | $-5001.14                | $158217.90                                 |

**Designated Index Information**

- **Index Name:** BBG Global Aggregate Treasury Index, 100% USD Hedged

- **Index Identifier:** H00023US

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Canada Government Bonds                          | Canada Government Bonds                          | CUSIP: 135087H72<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |       83000 | PA      | $42398.79     | 0.10%             | 2051-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Canada Government Bonds                          | Canada Government Bonds                          | CUSIP: 135087R71<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |       20000 | PA      | $14915.29     | 0.03%             | 2034-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Canada Government Bonds                          | Canada Government Bonds                          | CUSIP: 135087S62<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |      115000 | PA      | $83561.12     | 0.19%             | 2035-06-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Canada Government Bonds                          | Canada Government Bonds                          | CUSIP: 135087S70<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |       60000 | PA      | $41041.38     | 0.10%             | 2057-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Canada Government Bonds                          | Canada Government Bonds                          | CUSIP: 135087S96<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |      195000 | PA      | $142584.22    | 0.33%             | 2032-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Canada Government Bonds                          | Canada Government Bonds                          | CUSIP: 135087T38<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |      172000 | PA      | $125344.69    | 0.29%             | 2030-09-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Canada Government Bonds                          | Canada Government Bonds                          | CUSIP: 135087T46<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |      100000 | PA      | $73470.42     | 0.17%             | 2027-08-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Canada Government Bonds                          | Canada Government Bonds                          | CUSIP: 135087T53<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |       30000 | PA      | $21714.17     | 0.05%             | 2035-12-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CANADIAN GOVERNMENT                              | Canadian Government Bond                         | CUSIP: 135087T87<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |       10000 | PA      | $6851.10      | 0.02%             | 2056-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Canada Government Bonds                          | Canada Government Bonds                          | CUSIP: 135087YQ1<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |       17000 | PA      | $12975.51     | 0.03%             | 2041-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Canada Government Bonds                          | Canada Government Bonds                          | CUSIP: 135087ZS6<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |       22000 | PA      | $15572.64     | 0.04%             | 2045-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD PEN                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |           1 | NC      | $-191.62      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                   | PURCHASED CNY / SOLD USD                         | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | CN        |           1 | NC      | $264.72       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD AUD                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |           1 | NC      | $-1415.62     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED MXN / SOLD USD                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | MX        |           1 | NC      | $961.90       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED GBP / SOLD USD                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | GB        |           1 | NC      | $810.66       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                               | PURCHASED KRW / SOLD USD                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | KR        |           1 | NC      | $370.35       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                           | PURCHASED USD / SOLD AUD                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |           1 | NC      | $-5881.23     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED USD / SOLD THB                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |           1 | NC      | $-21.02       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                           | PURCHASED SGD / SOLD USD                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | SG        |           1 | NC      | $575.20       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                           | PURCHASED HKD / SOLD USD                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | HK        |           1 | NC      | $-106.27      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED CZK / SOLD USD                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | CZ        |           1 | NC      | $158.53       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED SEK / SOLD USD                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | SE        |           1 | NC      | $2349.83      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD PLN                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |           1 | NC      | $-1054.88     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                   | PURCHASED ZAR / SOLD USD                         | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | ZA        |           1 | NC      | $1601.61      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                   | PURCHASED USD / SOLD CAD                         | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | US        |           1 | NC      | $-1000.09     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED USD / SOLD MYR                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |           1 | NC      | $-13641.38    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                           | PURCHASED USD / SOLD CNY                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |           1 | NC      | $-29099.71    | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                           | PURCHASED CNY / SOLD USD                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | CN        |           1 | NC      | $278.63       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                 | PURCHASED KRW / SOLD USD                         | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DFE              |  | KR        |           1 | NC      | $100.05       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                           | PURCHASED USD / SOLD BRL                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |           1 | NC      | $-1443.76     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                           | PURCHASED BRL / SOLD USD                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | BR        |           1 | NC      | $637.94       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                 | PURCHASED USD / SOLD KRW                         | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DFE              |  | US        |           1 | NC      | $-4126.26     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                           | PURCHASED USD / SOLD JPY                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |           1 | NC      | $-685.45      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED ILS / SOLD USD                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | IL        |           1 | NC      | $447.78       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED USD / SOLD MXN                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |           1 | NC      | $-1732.95     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED INR / SOLD USD                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | IN        |           1 | NC      | $-463.32      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                           | PURCHASED EUR / SOLD USD                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | XX        |           1 | NC      | $634.89       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED COP / SOLD USD                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | CO        |           1 | NC      | $58.03        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                           | PURCHASED USD / SOLD CLP                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |           1 | NC      | $-2526.80     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                           | PURCHASED USD / SOLD GBP                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |           1 | NC      | $-3802.33     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                   | PURCHASED USD / SOLD SEK                         | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | US        |           1 | NC      | $-260.68      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                               | PURCHASED USD / SOLD IDR                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |           1 | NC      | $939.45       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED SEK / SOLD USD                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | SE        |           1 | NC      | $787.26       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED SGD / SOLD USD                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | SG        |           1 | NC      | $260.84       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                           | PURCHASED USD / SOLD AUD                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |           1 | NC      | $-1219.03     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED USD / SOLD HKD                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |           1 | NC      | $115.26       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED USD / SOLD MXN                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |           1 | NC      | $-328.73      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED USD / SOLD SGD                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |           1 | NC      | $-91.50       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED GBP / SOLD USD                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | GB        |           1 | NC      | $740.00       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                           | PURCHASED AUD / SOLD USD                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | AU        |           1 | NC      | $2249.79      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED BRL / SOLD USD                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | BR        |           1 | NC      | $862.49       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD GBP                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |           1 | NC      | $-816.68      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED ZAR / SOLD USD                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | ZA        |           1 | NC      | $924.24       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED GBP / SOLD USD                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | GB        |           1 | NC      | $547.63       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                               | PURCHASED MXN / SOLD USD                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | MX        |           1 | NC      | $658.87       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD SEK                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |           1 | NC      | $-2256.55     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD SGD                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |           1 | NC      | $-768.47      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                           | PURCHASED USD / SOLD ZAR                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |           1 | NC      | $-2085.79     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED USD / SOLD KRW                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |           1 | NC      | $-625.85      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED USD / SOLD MXN                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |           1 | NC      | $-1643.53     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD CAD                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |           1 | NC      | $-860.11      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD EUR                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |           1 | NC      | $-485.39      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD GBP                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |           1 | NC      | $-332.79      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD SEK                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |           1 | NC      | $-845.33      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                           | PURCHASED USD / SOLD GBP                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |           1 | NC      | $-798.51      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                           | PURCHASED GBP / SOLD USD                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | GB        |           1 | NC      | $1432.47      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD MXN                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |           1 | NC      | $-726.44      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED USD / SOLD BRL                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |           1 | NC      | $-1998.98     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                   | PURCHASED USD / SOLD GBP                         | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | US        |           1 | NC      | $-1310.15     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                           | PURCHASED USD / SOLD ZAR                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |           1 | NC      | $-594.28      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                               | PURCHASED USD / SOLD SGD                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |           1 | NC      | $-84.92       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                           | PURCHASED USD / SOLD HKD                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |           1 | NC      | $31.41        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                           | PURCHASED BRL / SOLD USD                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | BR        |           1 | NC      | $2056.73      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                   | PURCHASED USD / SOLD CAD                         | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | US        |           1 | NC      | $-70.94       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD MXN                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |           1 | NC      | $-757.69      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED CAD / SOLD USD                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | CA        |           1 | NC      | $171.74       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD BRL                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |           1 | NC      | $-1345.54     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD GBP                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |           1 | NC      | $-1141.37     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED USD / SOLD HKD                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |           1 | NC      | $19.15        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                   | PURCHASED USD / SOLD EUR                         | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | US        |           1 | NC      | $-51.66       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                               | PURCHASED USD / SOLD GBP                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |           1 | NC      | $-354.72      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED USD / SOLD AUD                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |           1 | NC      | $-974.97      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                           | PURCHASED AUD / SOLD USD                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | AU        |           1 | NC      | $795.32       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED ZAR / SOLD USD                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | ZA        |           1 | NC      | $764.09       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED GBP / SOLD USD                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | GB        |           1 | NC      | $480.79       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                           | PURCHASED USD / SOLD ZAR                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |           1 | NC      | $-517.35      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                               | PURCHASED CNY / SOLD USD                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | CN        |           1 | NC      | $315.47       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED EUR / SOLD USD                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | XX        |           1 | NC      | $692.85       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED JPY / SOLD USD                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | JP        |           1 | NC      | $642.68       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD ZAR                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |           1 | NC      | $-285.27      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED GBP / SOLD USD                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | GB        |           1 | NC      | $477.04       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                   | PURCHASED JPY / SOLD USD                         | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | JP        |           1 | NC      | $604.71       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                               | PURCHASED USD / SOLD CNY                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |           1 | NC      | $-332.66      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                           | PURCHASED USD / SOLD THB                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |           1 | NC      | $-398.88      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                               | PURCHASED USD / SOLD SEK                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |           1 | NC      | $-1640.05     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                               | PURCHASED USD / SOLD DKK                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |           1 | NC      | $-692.05      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED USD / SOLD PLN                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |           1 | NC      | $-2578.17     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                               | PURCHASED USD / SOLD CHF                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |           1 | NC      | $-2465.63     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD SGD                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |           1 | NC      | $-893.52      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                               | PURCHASED ZAR / SOLD USD                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | ZA        |           1 | NC      | $556.73       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED USD / SOLD AUD                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |           1 | NC      | $-16184.42    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED USD / SOLD NOK                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |           1 | NC      | $-2165.72     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD ILS                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |           1 | NC      | $-3883.61     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                               | PURCHASED USD / SOLD JPY                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |           1 | NC      | $-57449.33    | -0.13%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                           | PURCHASED USD / SOLD HUF                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |           1 | NC      | $-1135.85     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                               | PURCHASED USD / SOLD MXN                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |           1 | NC      | $-7780.99     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                               | PURCHASED USD / SOLD NZD                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |           1 | NC      | $-4131.49     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                               | PURCHASED USD / SOLD CAD                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |           1 | NC      | $-2733.06     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED USD / SOLD GBP                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |           1 | NC      | $-37289.22    | -0.09%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                   | PURCHASED USD / SOLD CZK                         | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | US        |           1 | NC      | $-451.57      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                   | PURCHASED USD / SOLD EUR                         | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | US        |           1 | NC      | $-59452.14    | -0.14%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED USD / SOLD SEK                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |           1 | NC      | $-558.61      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED EUR / SOLD USD                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | XX        |           1 | NC      | $463.63       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED USD / SOLD RON                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |           1 | NC      | $-878.63      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                           | PURCHASED USD / SOLD HKD                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |           1 | NC      | $8.32         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD ZAR                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |           1 | NC      | $-97.46       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                   | PURCHASED USD / SOLD EUR                         | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | US        |           1 | NC      | $-166.01      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                 | PURCHASED BRL / SOLD USD                         | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DFE              |  | BR        |           1 | NC      | $810.95       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                 | PURCHASED CNY / SOLD USD                         | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DFE              |  | CN        |           1 | NC      | $68.03        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                           | PURCHASED EUR / SOLD USD                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | XX        |           1 | NC      | $301.83       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                           | PURCHASED USD / SOLD AUD                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |           1 | NC      | $-1008.56     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                           | PURCHASED USD / SOLD GBP                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |           1 | NC      | $-1178.02     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD ZAR                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |           1 | NC      | $-121.11      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED GBP / SOLD USD                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | GB        |           1 | NC      | $353.60       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED CAD / SOLD USD                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | CA        |           1 | NC      | $224.46       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                   | PURCHASED USD / SOLD EUR                         | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | US        |           1 | NC      | $-195.01      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED GBP / SOLD USD                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | GB        |           1 | NC      | $392.16       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD MXN                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |           1 | NC      | $-665.83      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                           | PURCHASED GBP / SOLD USD                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | GB        |           1 | NC      | $1635.27      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                           | PURCHASED AUD / SOLD USD                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | AU        |           1 | NC      | $718.64       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                               | PURCHASED USD / SOLD KRW                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |           1 | NC      | $-23.60       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD GBP                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |           1 | NC      | $-985.81      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD CAD                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |           1 | NC      | $-238.07      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                               | PURCHASED USD / SOLD GBP                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |           1 | NC      | $-1109.27     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED AUD / SOLD USD                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | AU        |           1 | NC      | $1265.33      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED GBP / SOLD USD                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | GB        |           1 | NC      | $886.24       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED USD / SOLD NZD                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |           1 | NC      | $-377.04      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED USD / SOLD GBP                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |           1 | NC      | $-666.21      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED USD / SOLD RON                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |           1 | NC      | $-186.84      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD AUD                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |           1 | NC      | $-315.86      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD EUR                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |           1 | NC      | $-1650.33     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD JPY                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |           1 | NC      | $-1617.28     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                   | PURCHASED USD / SOLD CAD                         | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | US        |           1 | NC      | $-311.76      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                   | PURCHASED USD / SOLD CNY                         | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | US        |           1 | NC      | $-84.13       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD GBP                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |           1 | NC      | $-620.20      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED USD / SOLD ZAR                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |           1 | NC      | $-135.28      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                   | PURCHASED USD / SOLD EUR                         | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | US        |           1 | NC      | $-311.16      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                           | PURCHASED GBP / SOLD USD                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | GB        |           1 | NC      | $669.90       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD CHF                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |           1 | NC      | $-411.38      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                           | PURCHASED CAD / SOLD USD                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | CA        |           1 | NC      | $670.28       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD CAD                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |           1 | NC      | $-149.32      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD GBP                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |           1 | NC      | $-599.25      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD CAD                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |           1 | NC      | $-142.98      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                           | PURCHASED USD / SOLD GBP                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |           1 | NC      | $-708.55      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                               | PURCHASED KRW / SOLD USD                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | KR        |           1 | NC      | $546.62       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD GBP                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |           1 | NC      | $-624.95      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED USD / SOLD BRL                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |           1 | NC      | $-381.57      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                   | PURCHASED USD / SOLD ZAR                         | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | US        |           1 | NC      | $-304.38      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                               | PURCHASED USD / SOLD CAD                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |           1 | NC      | $-230.98      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                               | PURCHASED USD / SOLD JPY                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |           1 | NC      | $-282.73      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED KRW / SOLD USD                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | KR        |           1 | NC      | $471.20       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED USD / SOLD BRL                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |           1 | NC      | $-556.68      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                 | PURCHASED INR / SOLD USD                         | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DFE              |  | IN        |           1 | NC      | $7.13         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD AUD                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |           1 | NC      | $-798.73      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED MXN / SOLD USD                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | MX        |           1 | NC      | $63.41        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD GBP                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |           1 | NC      | $-1425.73     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                   | PURCHASED BRL / SOLD USD                         | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | BR        |           1 | NC      | $523.46       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                               | PURCHASED USD / SOLD MXN                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |           1 | NC      | $-10.42       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                               | PURCHASED USD / SOLD GBP                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |           1 | NC      | $-657.68      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED USD / SOLD KRW                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |           1 | NC      | $-541.70      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                   | PURCHASED ZAR / SOLD USD                         | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | ZA        |           1 | NC      | $34.64        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                           | PURCHASED EUR / SOLD USD                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | XX        |           1 | NC      | $256.74       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD CAD                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |           1 | NC      | $-132.24      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED EUR / SOLD USD                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | XX        |           1 | NC      | $-53.19       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                               | PURCHASED USD / SOLD GBP                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | US        |           1 | NC      | $5.34         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                               | PURCHASED KRW / SOLD USD                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | KR        |           1 | NC      | $-189.95      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                 | PURCHASED USD / SOLD KRW                         | CUSIP: 000000000<br>LEI: 7LTWFZYICNSX8D621K86 | N/A              | DFE              |  | US        |           1 | NC      | $383.32       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED BRL / SOLD USD                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | BR        |           1 | NC      | $-17.44       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                           | PURCHASED USD / SOLD EUR                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |           1 | NC      | $219.04       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED USD / SOLD ZAR                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |           1 | NC      | $45.99        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED CAD / SOLD USD                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | CA        |           1 | NC      | $102.76       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD AUD                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |           1 | NC      | $108.73       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED USD / SOLD GBP                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | US        |           1 | NC      | $276.62       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                   | PURCHASED USD / SOLD CAD                         | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | US        |           1 | NC      | $141.82       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED INR / SOLD USD                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | IN        |           1 | NC      | $79.27        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                   | PURCHASED BRL / SOLD USD                         | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | BR        |           1 | NC      | $-283.77      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                   | PURCHASED USD / SOLD CNY                         | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | US        |           1 | NC      | $36.22        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                   | PURCHASED USD / SOLD EUR                         | CUSIP: 000000000<br>LEI: R0MUWSFPU8MPRO8K5P83 | N/A              | DFE              |  | US        |           1 | NC      | $96.15        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of America NA                               | PURCHASED AUD / SOLD USD                         | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DFE              |  | AU        |           1 | NC      | $-409.76      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED USD / SOLD ZAR                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |           1 | NC      | $301.50       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| UBS AG                                           | PURCHASED USD / SOLD GBP                         | CUSIP: 000000000<br>LEI: BFM8T61CT2L1QCEMIK50 | N/A              | DFE              |  | US        |           1 | NC      | $346.72       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Stanley & Co. International PLC           | PURCHASED ZAR / SOLD USD                         | CUSIP: 000000000<br>LEI: 4PQUHN3JPFGFNF3BB653 | N/A              | DFE              |  | ZA        |           1 | NC      | $-710.73      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Goldman Sachs International                      | PURCHASED USD / SOLD KRW                         | CUSIP: 000000000<br>LEI: W22LROWP2IHZNBB6K528 | N/A              | DFE              |  | US        |           1 | NC      | $750.74       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| JAPAN (30 YEAR ISSUE)                            | Japan Government Thirty Year Bond                | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |    38600000 | PA      | $257681.69    | 0.60%             | 2030-02-20      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| JAPAN (30 YEAR ISSUE)                            | Japan Government Thirty Year Bond                | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |    42250000 | PA      | $282733.20    | 0.66%             | 2031-11-20      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Japan Government Thirty Year Bonds               | Japan Government Thirty Year Bonds               | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |    43800000 | PA      | $291240.57    | 0.68%             | 2032-05-20      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Japan Government Thirty Year Bonds               | Japan Government Thirty Year Bonds               | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |     4000000 | PA      | $25750.32     | 0.06%             | 2032-11-22      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| Italy Buoni Poliennali Del Tesoro                | Italy Buoni Poliennali Del Tesoro                | CUSIP: 000000000<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |      100000 | PA      | $138764.49    | 0.32%             | 2033-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Bonds                              | CUSIP: 912810RJ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      870000 | PA      | $671225.39    | 1.57%             | 2044-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Bonds                              | CUSIP: 912810RK6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |       15000 | PA      | $10593.75     | 0.02%             | 2045-02-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Bonds                              | CUSIP: 912810RT7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      220000 | PA      | $144426.56    | 0.34%             | 2046-08-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Bonds                              | CUSIP: 912810RY6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      130000 | PA      | $92625.00     | 0.22%             | 2047-08-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Bonds                              | CUSIP: 912810SC3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      185000 | PA      | $140014.65    | 0.33%             | 2048-05-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Bonds                              | CUSIP: 912810TA6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     1000000 | PA      | $672539.06    | 1.57%             | 2041-08-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Bonds                              | CUSIP: 912810TB4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      570000 | PA      | $313856.25    | 0.73%             | 2051-11-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Bonds                              | CUSIP: 912810TD0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     1010000 | PA      | $610300.39    | 1.42%             | 2052-02-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Bonds                              | CUSIP: 912810UK2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |       75000 | PA      | $73324.22     | 0.17%             | 2055-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Bonds                              | CUSIP: 912810UM8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |       95000 | PA      | $92907.03     | 0.22%             | 2055-08-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Bonds                              | CUSIP: 912810UP1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |       70000 | PA      | $67090.63     | 0.16%             | 2055-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                              | CUSIP: 9128282R0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      890000 | PA      | $873103.90    | 2.04%             | 2027-08-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                              | CUSIP: 9128284V9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      750000 | PA      | $737343.75    | 1.72%             | 2028-08-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                              | CUSIP: 91282CAE1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      200000 | PA      | $173984.38    | 0.41%             | 2030-08-15      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                              | CUSIP: 91282CCR0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      100000 | PA      | $93917.97     | 0.22%             | 2028-07-31      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                              | CUSIP: 91282CCS8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      980000 | PA      | $852255.47    | 1.99%             | 2031-08-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                              | CUSIP: 91282CDF5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      750000 | PA      | $706875.00    | 1.65%             | 2028-10-31      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                              | CUSIP: 91282CDJ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      980000 | PA      | $852025.78    | 1.99%             | 2031-11-15      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                              | CUSIP: 91282CDY4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      690000 | PA      | $613830.47    | 1.43%             | 2032-02-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                              | CUSIP: 91282CEM9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      150000 | PA      | $146513.67    | 0.34%             | 2029-04-30      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                              | CUSIP: 91282CEN7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      460000 | PA      | $455597.66    | 1.06%             | 2027-04-30      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                              | CUSIP: 91282CEP2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |       40000 | PA      | $37585.94     | 0.09%             | 2032-05-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                              | CUSIP: 91282CES6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      150000 | PA      | $145816.41    | 0.34%             | 2029-05-31      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                              | CUSIP: 91282CFZ9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      520000 | PA      | $523067.19    | 1.22%             | 2027-11-30      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                              | CUSIP: 91282CGZ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      760000 | PA      | $752815.63    | 1.76%             | 2030-04-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                              | CUSIP: 91282CHR5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |       50000 | PA      | $50486.33     | 0.12%             | 2030-07-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                              | CUSIP: 91282CHX2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      640000 | PA      | $652325.00    | 1.52%             | 2028-08-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                              | CUSIP: 91282CJQ5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      420000 | PA      | $418966.41    | 0.98%             | 2030-12-31      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                              | CUSIP: 91282CKE0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      460000 | PA      | $463467.97    | 1.08%             | 2027-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                              | CUSIP: 91282CKT7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      100000 | PA      | $102632.81    | 0.24%             | 2029-05-31      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                              | CUSIP: 91282CKZ3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      900000 | PA      | $910617.19    | 2.12%             | 2027-07-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                              | CUSIP: 91282CLC3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      750000 | PA      | $758203.13    | 1.77%             | 2029-07-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                              | CUSIP: 91282CLF6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      870000 | PA      | $851954.29    | 1.99%             | 2034-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                              | CUSIP: 91282CLW9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      130000 | PA      | $130599.22    | 0.30%             | 2034-11-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                              | CUSIP: 91282CNC1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |      110000 | PA      | $110240.63    | 0.26%             | 2035-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                              | CUSIP: 91282CNT4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |       90000 | PA      | $90084.38     | 0.21%             | 2035-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                              | CUSIP: 91282CPJ4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |       20000 | PA      | $19590.63     | 0.05%             | 2035-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                              | CUSIP: 91282CPM7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |       50000 | PA      | $49195.31     | 0.11%             | 2032-11-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| United States Treasury                           | U.S. Treasury Notes                              | CUSIP: 91282CPQ8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |       60000 | PA      | $59465.63     | 0.14%             | 2032-12-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BLACKROCK CASH FUNDS                             | BlackRock Cash Funds: Treasury, SL Agency Shares | CUSIP: 066922477<br>LEI: N/A                  | Long             | STIV             | RF                | US        |      573571 | NS      | $573857.69    | 1.34%             |  |  |  | No            |                  1 | 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        |      100000 | NS      | $100000.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Government Thirty Year Bonds               | Japan Government Thirty Year Bonds               | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |    47600000 | PA      | $291619.20    | 0.68%             | 2040-03-20      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Japan Government Thirty Year Bonds               | Japan Government Thirty Year Bonds               | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |    10600000 | PA      | $61969.86     | 0.14%             | 2040-09-20      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Japan Government Forty Year Bonds                | Japan Government Forty Year Bonds                | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |    28000000 | PA      | $140852.16    | 0.33%             | 2051-03-20      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Japan Government Twenty Year Bonds               | Japan Government Twenty Year Bonds               | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |    11200000 | PA      | $72143.60     | 0.17%             | 2031-12-20      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| Republic of Austria Government Bonds             | Republic of Austria Government Bonds             | CUSIP: 000000000<br>LEI: 529900QWWUI4XRVR7I03 | Long             | DBT              | NUSS              | AT        |       25000 | PA      | $27792.16     | 0.06%             | 2044-06-20      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Japan Government Twenty Year Bonds               | Japan Government Twenty Year Bonds               | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |     2100000 | PA      | $13449.17     | 0.03%             | 2032-09-20      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| Japan Government Twenty Year Bonds               | Japan Government Twenty Year Bonds               | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |     4800000 | PA      | $30687.00     | 0.07%             | 2032-12-20      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| Japan Government Twenty Year Bonds               | Japan Government Twenty Year Bonds               | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |     4100000 | PA      | $26381.36     | 0.06%             | 2032-12-20      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                            | China Government Bond                            | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |      960000 | PA      | $170513.20    | 0.40%             | 2040-07-29      | Fixed         | 3.96%                 | No            |                  2 | On Loan: No      |
| Bundesrepublik Deutschland Bundesanleihe         | Bundesrepublik Deutschland Bundesanleihe         | CUSIP: 000000000<br>LEI: 529900AQBND3S6YJLY83 | Long             | DBT              | NUSS              | DE        |       40000 | PA      | $41286.86     | 0.10%             | 2046-08-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                            | China Government Bond                            | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |      190000 | PA      | $34443.31     | 0.08%             | 2045-07-27      | Fixed         | 3.94%                 | No            |                  2 | On Loan: No      |
| Singapore Government Bonds                       | Singapore Government Bonds                       | CUSIP: 000000000<br>LEI: 549300ZSV6VOGFH1ER70 | Long             | DBT              | NUSS              | SG        |        7000 | PA      | $6061.88      | 0.01%             | 2046-03-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| French Republic Government Bonds OAT             | French Republic Government Bonds OAT             | CUSIP: 000000000<br>LEI: 969500KCGF3SUYJHPV70 | Long             | DBT              | NUSS              | FR        |      130000 | PA      | $77860.27     | 0.18%             | 2066-05-25      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                            | China Government Bond                            | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |      410000 | PA      | $70021.63     | 0.16%             | 2046-04-25      | Fixed         | 3.52%                 | No            |                  2 | On Loan: No      |
| SWITZERLAND                                      | Swiss Confederation Government Bond              | CUSIP: 000000000<br>LEI: 5067006OA1BJ88912Q83 | Long             | DBT              | NUSS              | CH        |       15000 | PA      | $19440.53     | 0.05%             | 2029-06-22      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Denmark Government Bonds                         | Denmark Government Bonds                         | CUSIP: 000000000<br>LEI: 549300PTO6LS1PTM6607 | Long             | DBT              | NUSS              | DK        |      100000 | PA      | $15524.61     | 0.04%             | 2027-11-15      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| POLAND GOVERNMENT BOND                           | Republic of Poland Government Bond               | CUSIP: 000000000<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |       28000 | PA      | $6693.76      | 0.02%             | 2047-04-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MEX BONOS DESARR FIX RT                          | Mexican Bonos                                    | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     1000000 | PA      | $50297.38     | 0.12%             | 2047-11-07      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Republic of Austria Government Bonds             | Republic of Austria Government Bonds             | CUSIP: 000000000<br>LEI: 529900QWWUI4XRVR7I03 | Long             | DBT              | NUSS              | AT        |       39000 | PA      | $45412.23     | 0.11%             | 2027-04-20      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| SWITZERLAND                                      | Swiss Confederation Government Bond              | CUSIP: 000000000<br>LEI: 5067006OA1BJ88912Q83 | Long             | DBT              | NUSS              | CH        |       13000 | PA      | $17158.55     | 0.04%             | 2055-05-24      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| Israel Government Bonds - Fixed                  | Israel Government Bonds - Fixed                  | CUSIP: 000000000<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |       36000 | PA      | $10792.55     | 0.03%             | 2047-03-31      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Bundesrepublik Deutschland Bundesanleihe         | Bundesrepublik Deutschland Bundesanleihe         | CUSIP: 000000000<br>LEI: 529900AQBND3S6YJLY83 | Long             | DBT              | NUSS              | DE        |      192000 | PA      | $150123.29    | 0.35%             | 2048-08-15      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| INDONESIA GOVERNMENT                             | Indonesia Treasury Bond                          | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |   121000000 | PA      | $7700.82      | 0.02%             | 2048-05-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| THAILAND GOVERNMENT BOND                         | Thailand Government Bond                         | CUSIP: 000000000<br>LEI: 254900PHJ6MSKT6C7026 | Long             | DBT              | NUSS              | TH        |      450000 | PA      | $16630.91     | 0.04%             | 2067-06-17      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Australia Government Bonds                       | Australia Government Bonds                       | CUSIP: 000000000<br>LEI: 213800J6B7JSBDETCB42 | Long             | DBT              | NUSS              | AU        |      230000 | PA      | $151518.29    | 0.35%             | 2029-11-21      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| KOREA TREASURY BOND                              | Korea Treasury Bond                              | CUSIP: 000000000<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |    50110000 | PA      | $29616.41     | 0.07%             | 2048-03-10      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Sweden Government Bonds                          | Sweden Government Bonds                          | CUSIP: 000000000<br>LEI: ERE94C0BSULG2RM19605 | Long             | DBT              | NUSS              | SE        |      110000 | PA      | $11710.82     | 0.03%             | 2029-11-12      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| MALAYSIA GOVERNMENT                              | Malaysia Government Bond                         | CUSIP: 000000000<br>LEI: 254900GSIL471JOBYY43 | Long             | DBT              | NUSS              | MY        |       20000 | PA      | $5776.26      | 0.01%             | 2048-07-06      | Fixed         | 4.92%                 | No            |                  2 | On Loan: No      |
| KOREA TREASURY BOND                              | Korea Treasury Bond                              | CUSIP: 000000000<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |    19340000 | PA      | $9095.19      | 0.02%             | 2068-09-10      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Ireland Government Bonds                         | Ireland Government Bonds                         | CUSIP: 000000000<br>LEI: 549300KXBEJAOJ9OVF93 | Long             | DBT              | NUSS              | IE        |       40000 | PA      | $44911.61     | 0.10%             | 2031-03-18      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| Portugal Obrigacoes do Tesouro OT                | Portugal Obrigacoes do Tesouro OT                | CUSIP: 000000000<br>LEI: 549300P6U1FJ3IMP7K42 | Long             | DBT              | NUSS              | PT        |       20000 | PA      | $23496.00     | 0.05%             | 2029-06-15      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| BONOS TESORERIA PESOS                            | Bonos de la Tesoreria de la Republica en pesos   | CUSIP: 000000000<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |     5000000 | PA      | $5431.75      | 0.01%             | 2050-07-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                            | China Government Bond                            | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |      410000 | PA      | $78449.78     | 0.18%             | 2047-10-23      | Fixed         | 4.28%                 | No            |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                            | China Government Bond                            | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |      560000 | PA      | $106595.96    | 0.25%             | 2048-03-19      | Fixed         | 4.22%                 | No            |                  2 | On Loan: No      |
| SWITZERLAND                                      | Swiss Confederation Government Bond              | CUSIP: 000000000<br>LEI: 5067006OA1BJ88912Q83 | Long             | DBT              | NUSS              | CH        |       35000 | PA      | $44600.34     | 0.10%             | 2034-06-26      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Singapore Government Bonds                       | Singapore Government Bonds                       | CUSIP: 000000000<br>LEI: 549300ZSV6VOGFH1ER70 | Long             | DBT              | NUSS              | SG        |       30000 | PA      | $24277.58     | 0.06%             | 2039-07-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| KOREA TREASURY BOND                              | Korea Treasury Bond                              | CUSIP: 000000000<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |    21250000 | PA      | $10822.73     | 0.03%             | 2039-09-10      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| Australia Government Bonds                       | Australia Government Bonds                       | CUSIP: 000000000<br>LEI: 213800J6B7JSBDETCB42 | Long             | DBT              | NUSS              | AU        |      140000 | PA      | $80200.33     | 0.19%             | 2032-05-21      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Singapore Government Bonds                       | Singapore Government Bonds                       | CUSIP: 000000000<br>LEI: 549300ZSV6VOGFH1ER70 | Long             | DBT              | NUSS              | SG        |       20000 | PA      | $15003.25     | 0.04%             | 2050-03-01      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Republic of Austria Government Bonds             | Republic of Austria Government Bonds             | CUSIP: 000000000<br>LEI: 529900QWWUI4XRVR7I03 | Long             | DBT              | NUSS              | AT        |       23000 | PA      | $13994.14     | 0.03%             | 2051-03-20      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Denmark Government Bonds                         | Denmark Government Bonds                         | CUSIP: 000000000<br>LEI: 549300PTO6LS1PTM6607 | Long             | DBT              | NUSS              | DK        |       80000 | PA      | $6073.82      | 0.01%             | 2052-11-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                            | China Government Bond                            | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |     1050000 | PA      | $179442.27    | 0.42%             | 2050-03-16      | Fixed         | 3.39%                 | No            |                  2 | On Loan: No      |
| Portugal Obrigacoes do Tesouro OT                | Portugal Obrigacoes do Tesouro OT                | CUSIP: 000000000<br>LEI: 549300P6U1FJ3IMP7K42 | Long             | DBT              | NUSS              | PT        |       30000 | PA      | $34778.05     | 0.08%             | 2027-10-15      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| Australia Government Bonds                       | Australia Government Bonds                       | CUSIP: 000000000<br>LEI: 213800J6B7JSBDETCB42 | Long             | DBT              | NUSS              | AU        |       30000 | PA      | $17819.60     | 0.04%             | 2030-12-21      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Finland Government Bonds                         | Finland Government Bonds                         | CUSIP: 000000000<br>LEI: 743700M6Y2OQRVSBRD14 | Long             | DBT              | NUSS              | FI        |       10000 | PA      | $7460.00      | 0.02%             | 2040-09-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| MALAYSIA GOVERNMENT                              | Malaysia Government Bond                         | CUSIP: 000000000<br>LEI: 254900GSIL471JOBYY43 | Long             | DBT              | NUSS              | MY        |       70000 | PA      | $17935.32     | 0.04%             | 2050-06-15      | Fixed         | 4.07%                 | No            |                  2 | On Loan: No      |
| HUNGARY GOVERNMENT BOND                          | Hungary Government Bond                          | CUSIP: 000000000<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |     9900000 | PA      | $27060.18     | 0.06%             | 2029-05-23      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| CZECH REPUBLIC                                   | Czech Republic Government Bond                   | CUSIP: 000000000<br>LEI: 3157007EFDLQABN47912 | Long             | DBT              | NUSS              | CZ        |      970000 | PA      | $41356.85     | 0.10%             | 2029-11-29      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| REPUBLIKA SLOVENIJA                              | Slovenia Government Bond                         | CUSIP: 000000000<br>LEI: 485100000LWQHIX4XX88 | Long             | DBT              | NUSS              | SI        |        5000 | PA      | $2831.50      | 0.01%             | 2050-10-20      | Fixed         | 0.49%                 | No            |                  2 | On Loan: No      |
| New Zealand Government Bonds                     | New Zealand Government Bonds                     | CUSIP: 000000000<br>LEI: 549300237GPHG2AI7C34 | Long             | DBT              | NUSS              | NZ        |       40000 | PA      | $22455.92     | 0.05%             | 2028-05-15      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| HUNGARY GOVERNMENT BOND                          | Hungary Government Bond                          | CUSIP: 000000000<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |     8350000 | PA      | $19878.48     | 0.05%             | 2033-04-20      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| SWEDISH GOVERNMENT                               | Sweden Government Bond                           | CUSIP: 000000000<br>LEI: ERE94C0BSULG2RM19605 | Long             | DBT              | NUSS              | SE        |       60000 | PA      | $4206.10      | 0.01%             | 2045-11-24      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| INDONESIA GOVERNMENT                             | Indonesia Treasury Bond                          | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |   225000000 | PA      | $13559.19     | 0.03%             | 2051-08-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| KOREA TREASURY BOND                              | Korea Treasury Bond                              | CUSIP: 000000000<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |    98800000 | PA      | $49288.09     | 0.11%             | 2051-03-10      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| Norway Government Bonds                          | Norway Government Bonds                          | CUSIP: 000000000<br>LEI: 549300L0BT3FJTN9MX24 | Long             | DBT              | NUSS              | NO        |      320000 | PA      | $28683.87     | 0.07%             | 2031-09-17      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Republic of Austria Government Bonds             | Republic of Austria Government Bonds             | CUSIP: 000000000<br>LEI: 529900QWWUI4XRVR7I03 | Long             | DBT              | NUSS              | AT        |       30000 | PA      | $12302.15     | 0.03%             | 2071-04-20      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| THAILAND GOVERNMENT BOND                         | Thailand Government Bond                         | CUSIP: 000000000<br>LEI: 254900PHJ6MSKT6C7026 | Long             | DBT              | NUSS              | TH        |      680000 | PA      | $22174.73     | 0.05%             | 2031-12-17      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| POLAND GOVERNMENT BOND                           | Republic of Poland Government Bond               | CUSIP: 000000000<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |      100000 | PA      | $23895.30     | 0.06%             | 2032-04-25      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| INDONESIA GOVERNMENT                             | Indonesia Treasury Bond                          | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |   960000000 | PA      | $58051.16     | 0.14%             | 2032-04-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| New Zealand Government Bonds                     | New Zealand Government Bonds                     | CUSIP: 000000000<br>LEI: 549300237GPHG2AI7C34 | Long             | DBT              | NUSS              | NZ        |       15000 | PA      | $5927.01      | 0.01%             | 2051-05-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| MEX BONOS DESARR FIX RT                          | Mexican Bonos                                    | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     1000000 | PA      | $56207.54     | 0.13%             | 2027-03-04      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Israel Government Bonds - Fixed                  | Israel Government Bonds - Fixed                  | CUSIP: 000000000<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |       50000 | PA      | $14044.59     | 0.03%             | 2032-04-30      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| Portugal Obrigacoes do Tesouro OT                | Portugal Obrigacoes do Tesouro OT                | CUSIP: 000000000<br>LEI: 549300P6U1FJ3IMP7K42 | Long             | DBT              | NUSS              | PT        |       28000 | PA      | $23159.95     | 0.05%             | 2042-04-11      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| MALAYSIA GOVERNMENT                              | Malaysia Government Bond                         | CUSIP: 000000000<br>LEI: 254900GSIL471JOBYY43 | Long             | DBT              | NUSS              | MY        |      210000 | PA      | $53687.98     | 0.13%             | 2032-07-15      | Fixed         | 3.58%                 | No            |                  2 | On Loan: No      |
| KINGDOM OF DENMARK                               | Denmark Government Bond                          | CUSIP: 000000000<br>LEI: 549300PTO6LS1PTM6607 | Long             | DBT              | NUSS              | DK        |      180000 | PA      | $25061.58     | 0.06%             | 2031-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HELLENIC REPUBLIC                                | Hellenic Republic Government Bond                | CUSIP: 000000000<br>LEI: 2138003EKTMKZ5598902 | Long             | DBT              | NUSS              | GR        |       20000 | PA      | $22108.33     | 0.05%             | 2032-06-18      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| KOREA TREASURY BOND                              | Korea Treasury Bond                              | CUSIP: 000000000<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |    71020000 | PA      | $40238.56     | 0.09%             | 2052-03-10      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| French Republic Government Bonds OAT             | French Republic Government Bonds OAT             | CUSIP: 000000000<br>LEI: 969500KCGF3SUYJHPV70 | Long             | DBT              | NUSS              | FR        |      170000 | PA      | $153065.35    | 0.36%             | 2038-05-25      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| KOREA TREASURY BOND                              | Korea Treasury Bond                              | CUSIP: 000000000<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |   110400000 | PA      | $75920.12     | 0.18%             | 2032-06-10      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| MALAYSIA GOVERNMENT                              | Malaysia Government Bond                         | CUSIP: 000000000<br>LEI: 254900GSIL471JOBYY43 | Long             | DBT              | NUSS              | MY        |       55000 | PA      | $14524.49     | 0.03%             | 2029-04-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| THAILAND GOVERNMENT BOND                         | Thailand Government Bond                         | CUSIP: 000000000<br>LEI: 254900PHJ6MSKT6C7026 | Long             | DBT              | NUSS              | TH        |      250000 | PA      | $10130.30     | 0.02%             | 2072-06-17      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Singapore Government Bonds                       | Singapore Government Bonds                       | CUSIP: 000000000<br>LEI: 549300ZSV6VOGFH1ER70 | Long             | DBT              | NUSS              | SG        |       10000 | PA      | $9394.31      | 0.02%             | 2072-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| INDONESIA GOVERNMENT                             | Indonesia Treasury Bond                          | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |   686000000 | PA      | $42018.68     | 0.10%             | 2028-08-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| INDONESIA GOVERNMENT                             | Indonesia Treasury Bond                          | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |   150000000 | PA      | $9263.31      | 0.02%             | 2033-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| KOREA TREASURY BOND                              | Korea Treasury Bond                              | CUSIP: 000000000<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |    58880000 | PA      | $38858.26     | 0.09%             | 2042-09-10      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                            | China Government Bond                            | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |      660000 | PA      | $96630.73     | 0.23%             | 2027-10-15      | Fixed         | 2.44%                 | No            |                  2 | On Loan: No      |
| Australia Government Bonds                       | Australia Government Bonds                       | CUSIP: 000000000<br>LEI: 213800J6B7JSBDETCB42 | Long             | DBT              | NUSS              | AU        |       20000 | PA      | $13020.91     | 0.03%             | 2034-05-21      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| MEX BONOS DESARR FIX RT                          | Mexican Bonos                                    | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     1000000 | PA      | $53885.02     | 0.13%             | 2033-05-26      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Japan Government Ten Year Bonds                  | Japan Government Ten Year Bonds                  | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |    11150000 | PA      | $65710.50     | 0.15%             | 2032-12-20      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                            | China Government Bond                            | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |     1240000 | PA      | $182773.01    | 0.43%             | 2028-01-15      | Fixed         | 2.64%                 | No            |                  2 | On Loan: No      |
| Finland Government Bonds                         | Finland Government Bonds                         | CUSIP: 000000000<br>LEI: 743700M6Y2OQRVSBRD14 | Long             | DBT              | NUSS              | FI        |       10000 | PA      | $11152.27     | 0.03%             | 2038-04-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| KOREA TREASURY BOND                              | Korea Treasury Bond                              | CUSIP: 000000000<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |    41000000 | PA      | $26912.97     | 0.06%             | 2053-03-10      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Spain Government Bonds                           | Spain Government Bonds                           | CUSIP: 000000000<br>LEI: 9598007A56S18711AH60 | Long             | DBT              | NUSS              | ES        |       83000 | PA      | $101865.23    | 0.24%             | 2039-07-30      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| New Zealand Government Bonds                     | New Zealand Government Bonds                     | CUSIP: 000000000<br>LEI: 549300237GPHG2AI7C34 | Long             | DBT              | NUSS              | NZ        |       30000 | PA      | $18511.32     | 0.04%             | 2030-05-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MALAYSIA GOVERNMENT                              | Malaysia Government Bond                         | CUSIP: 000000000<br>LEI: 254900GSIL471JOBYY43 | Long             | DBT              | NUSS              | MY        |       70000 | PA      | $18984.61     | 0.04%             | 2053-03-31      | Fixed         | 4.46%                 | No            |                  2 | On Loan: No      |
| Netherlands Government Bonds                     | Netherlands Government Bonds                     | CUSIP: 000000000<br>LEI: 254900G14ALGVKORFN62 | Long             | DBT              | NUSS              | NL        |       76000 | PA      | $90569.79     | 0.21%             | 2030-01-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| French Republic Government Bonds OAT             | French Republic Government Bonds OAT             | CUSIP: 000000000<br>LEI: 969500KCGF3SUYJHPV70 | Long             | DBT              | NUSS              | FR        |      150000 | PA      | $176839.81    | 0.41%             | 2033-05-25      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Republic of Austria Government Bonds             | Republic of Austria Government Bonds             | CUSIP: 000000000<br>LEI: 529900QWWUI4XRVR7I03 | Long             | DBT              | NUSS              | AT        |       10000 | PA      | $10510.49     | 0.02%             | 2053-10-20      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| French Republic Government Bonds OAT             | French Republic Government Bonds OAT             | CUSIP: 000000000<br>LEI: 969500KCGF3SUYJHPV70 | Long             | DBT              | NUSS              | FR        |      305000 | PA      | $365436.16    | 0.85%             | 2029-02-25      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| MALAYSIA GOVERNMENT                              | Malaysia Government Bond                         | CUSIP: 000000000<br>LEI: 254900GSIL471JOBYY43 | Long             | DBT              | NUSS              | MY        |      150000 | PA      | $38455.67     | 0.09%             | 2028-04-20      | Fixed         | 3.52%                 | No            |                  2 | On Loan: No      |
| Finland Government Bonds                         | Finland Government Bonds                         | CUSIP: 000000000<br>LEI: 743700M6Y2OQRVSBRD14 | Long             | DBT              | NUSS              | FI        |       10000 | PA      | $11948.24     | 0.03%             | 2033-09-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Israel Government Bonds - Fixed                  | Israel Government Bonds - Fixed                  | CUSIP: 000000000<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |      170000 | PA      | $55222.34     | 0.13%             | 2029-02-28      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                            | China Government Bond                            | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |      270000 | PA      | $41373.28     | 0.10%             | 2033-05-25      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| BONOS DE TESORERIA                               | Peru Government Bond                             | CUSIP: 000000000<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |      150000 | PA      | $50916.44     | 0.12%             | 2033-08-12      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| Bundesobligation                                 | Bundesobligation                                 | CUSIP: 000000000<br>LEI: 529900AQBND3S6YJLY83 | Long             | DBT              | NUSS              | DE        |      120000 | PA      | $143202.93    | 0.33%             | 2028-10-19      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| U.K. Gilts                                       | U.K. Gilts                                       | CUSIP: 000000000<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |       40000 | PA      | $55625.71     | 0.13%             | 2028-06-07      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CZECH REPUBLIC                                   | Czech Republic Government Bond                   | CUSIP: 000000000<br>LEI: 3157007EFDLQABN47912 | Long             | DBT              | NUSS              | CZ        |      300000 | PA      | $16236.85     | 0.04%             | 2031-06-16      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| ROMANIA GOVERNMENT BOND                          | Romania Government Bond                          | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |      120000 | PA      | $28907.69     | 0.07%             | 2033-10-30      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                            | China Government Bond                            | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |      970000 | PA      | $142790.64    | 0.33%             | 2028-07-15      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| MEX BONOS DESARR FIX RT                          | Mexican Bonos                                    | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     1000000 | PA      | $53641.01     | 0.13%             | 2035-05-24      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| KOREA TREASURY BOND                              | Korea Treasury Bond                              | CUSIP: 000000000<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |     6000000 | PA      | $4207.84      | 0.01%             | 2053-09-10      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Finland Government Bonds                         | Finland Government Bonds                         | CUSIP: 000000000<br>LEI: 743700M6Y2OQRVSBRD14 | Long             | DBT              | NUSS              | FI        |       37000 | PA      | $44612.11     | 0.10%             | 2029-04-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| CZECH REPUBLIC                                   | Czech Republic Government Bond                   | CUSIP: 000000000<br>LEI: 3157007EFDLQABN47912 | Long             | DBT              | NUSS              | CZ        |      670000 | PA      | $33436.13     | 0.08%             | 2032-11-11      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                            | China Government Bond                            | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |      690000 | PA      | $102014.02    | 0.24%             | 2028-09-25      | Fixed         | 2.48%                 | No            |                  2 | On Loan: No      |
| Spain Government Bonds                           | Spain Government Bonds                           | CUSIP: 000000000<br>LEI: 9598007A56S18711AH60 | Long             | DBT              | NUSS              | ES        |      100000 | PA      | $122835.40    | 0.29%             | 2029-05-31      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| French Republic Government Bonds OAT             | French Republic Government Bonds OAT             | CUSIP: 000000000<br>LEI: 969500KCGF3SUYJHPV70 | Long             | DBT              | NUSS              | FR        |      160000 | PA      | $194075.48    | 0.45%             | 2033-11-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Australia Government Bonds                       | Australia Government Bonds                       | CUSIP: 000000000<br>LEI: 213800J6B7JSBDETCB42 | Long             | DBT              | NUSS              | AU        |       10000 | PA      | $6423.41      | 0.01%             | 2054-06-21      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Republic of Austria Government Bonds             | Republic of Austria Government Bonds             | CUSIP: 000000000<br>LEI: 529900QWWUI4XRVR7I03 | Long             | DBT              | NUSS              | AT        |       10000 | PA      | $12338.96     | 0.03%             | 2030-10-20      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| BONOS TESORERIA PESOS                            | Bonos de la Tesoreria de la Republica en pesos   | CUSIP: 000000000<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    25000000 | PA      | $29596.72     | 0.07%             | 2034-10-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| THAILAND GOVERNMENT BOND                         | Thailand Government Bond                         | CUSIP: 000000000<br>LEI: 254900PHJ6MSKT6C7026 | Long             | DBT              | NUSS              | TH        |      380000 | PA      | $14661.23     | 0.03%             | 2055-06-17      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                            | China Government Bond                            | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |     1540000 | PA      | $236568.45    | 0.55%             | 2033-11-25      | Fixed         | 2.67%                 | No            |                  2 | On Loan: No      |
| Spain Government Bonds                           | Spain Government Bonds                           | CUSIP: 000000000<br>LEI: 9598007A56S18711AH60 | Long             | DBT              | NUSS              | ES        |       90000 | PA      | $107228.71    | 0.25%             | 2027-05-31      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIKA SLOVENIJA                              | Slovenia Government Bond                         | CUSIP: 000000000<br>LEI: 485100000LWQHIX4XX88 | Long             | DBT              | NUSS              | SI        |       25000 | PA      | $29762.28     | 0.07%             | 2034-03-10      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Italy Buoni Poliennali Del Tesoro                | Italy Buoni Poliennali Del Tesoro                | CUSIP: 000000000<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |      110000 | PA      | $131539.78    | 0.31%             | 2027-02-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Ireland Government Bonds                         | Ireland Government Bonds                         | CUSIP: 000000000<br>LEI: 549300KXBEJAOJ9OVF93 | Long             | DBT              | NUSS              | IE        |       31000 | PA      | $35776.11     | 0.08%             | 2034-10-18      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                            | China Government Bond                            | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |      400000 | PA      | $59064.95     | 0.14%             | 2029-01-15      | Fixed         | 2.37%                 | No            |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                            | China Government Bond                            | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |     1500000 | PA      | $221493.55    | 0.52%             | 2029-01-15      | Fixed         | 2.37%                 | No            |                  2 | On Loan: No      |
| Bundesobligation                                 | Bundesobligation                                 | CUSIP: 000000000<br>LEI: 529900AQBND3S6YJLY83 | Long             | DBT              | NUSS              | DE        |       60000 | PA      | $70901.28     | 0.17%             | 2029-04-12      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| French Republic Government Bonds OAT             | French Republic Government Bonds OAT             | CUSIP: 000000000<br>LEI: 969500KCGF3SUYJHPV70 | Long             | DBT              | NUSS              | FR        |      140000 | PA      | $166879.91    | 0.39%             | 2027-09-24      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Finland Government Bonds                         | Finland Government Bonds                         | CUSIP: 000000000<br>LEI: 743700M6Y2OQRVSBRD14 | Long             | DBT              | NUSS              | FI        |       10000 | PA      | $9953.38      | 0.02%             | 2055-04-15      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| U.K. Gilts                                       | U.K. Gilts                                       | CUSIP: 000000000<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |       80000 | PA      | $94831.54     | 0.22%             | 2054-07-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| THAILAND GOVERNMENT BOND                         | Thailand Government Bond                         | CUSIP: 000000000<br>LEI: 254900PHJ6MSKT6C7026 | Long             | DBT              | NUSS              | TH        |      351000 | PA      | $11954.61     | 0.03%             | 2034-06-17      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Sweden Government Bonds                          | Sweden Government Bonds                          | CUSIP: 000000000<br>LEI: ERE94C0BSULG2RM19605 | Long             | DBT              | NUSS              | SE        |      200000 | PA      | $21552.61     | 0.05%             | 2035-05-11      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| ROMANIA GOVERNMENT BOND                          | Romania Government Bond                          | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |      200000 | PA      | $46718.44     | 0.11%             | 2029-04-25      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Japan Government Ten Year Bonds                  | Japan Government Ten Year Bonds                  | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |    45250000 | PA      | $264377.42    | 0.62%             | 2033-12-20      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| Italy Buoni Poliennali Del Tesoro                | Italy Buoni Poliennali Del Tesoro                | CUSIP: 000000000<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |      110000 | PA      | $136212.38    | 0.32%             | 2034-07-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| SLOVAKIA GOVERNMENT BOND                         | Slovakia Government Bond                         | CUSIP: 000000000<br>LEI: 097900BHFM0000074794 | Long             | DBT              | NUSS              | SK        |       40000 | PA      | $48949.01     | 0.11%             | 2034-03-06      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                            | China Government Bond                            | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |     1270000 | PA      | $190731.70    | 0.45%             | 2034-02-25      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                            | China Government Bond                            | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |       30000 | PA      | $4600.18      | 0.01%             | 2074-03-25      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                            | China Government Bond                            | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |      140000 | PA      | $21467.49     | 0.05%             | 2074-03-25      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Kingdom of Belgium Government Bonds              | Kingdom of Belgium Government Bonds              | CUSIP: 000000000<br>LEI: 549300SZ25JZFHRHWD76 | Long             | DBT              | NUSS              | BE        |       10000 | PA      | $11964.47     | 0.03%             | 2029-10-22      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| KOREA TREASURY BOND                              | Korea Treasury Bond                              | CUSIP: 000000000<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |   112330000 | PA      | $78406.14     | 0.18%             | 2027-06-10      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Bundesrepublik Deutschland Bundesanleihe         | Bundesrepublik Deutschland Bundesanleihe         | CUSIP: 000000000<br>LEI: 529900AQBND3S6YJLY83 | Long             | DBT              | NUSS              | DE        |       60000 | PA      | $65820.33     | 0.15%             | 2041-05-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| POLAND GOVERNMENT BOND                           | Republic of Poland Government Bond               | CUSIP: 000000000<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |      110000 | PA      | $31025.93     | 0.07%             | 2034-10-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MALAYSIA GOVERNMENT                              | Malaysia Government Bond                         | CUSIP: 000000000<br>LEI: 254900GSIL471JOBYY43 | Long             | DBT              | NUSS              | MY        |      235000 | PA      | $61225.49     | 0.14%             | 2039-04-18      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| KOREA TREASURY BOND                              | Korea Treasury Bond                              | CUSIP: 000000000<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |     8600000 | PA      | $5897.09      | 0.01%             | 2034-06-10      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HELLENIC REPUBLIC                                | Hellenic Republic Government Bond                | CUSIP: 000000000<br>LEI: 2138003EKTMKZ5598902 | Long             | DBT              | NUSS              | GR        |        4000 | PA      | $4657.53      | 0.01%             | 2054-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Singapore Government Bonds                       | Singapore Government Bonds                       | CUSIP: 000000000<br>LEI: 549300ZSV6VOGFH1ER70 | Long             | DBT              | NUSS              | SG        |       30000 | PA      | $26029.68     | 0.06%             | 2034-05-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| SWITZERLAND                                      | Swiss Confederation Government Bond              | CUSIP: 000000000<br>LEI: 5067006OA1BJ88912Q83 | Long             | DBT              | NUSS              | CH        |       10000 | PA      | $14057.38     | 0.03%             | 2047-05-22      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| Italy Buoni Poliennali Del Tesoro                | Italy Buoni Poliennali Del Tesoro                | CUSIP: 000000000<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |       90000 | PA      | $110177.41    | 0.26%             | 2031-07-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| MALAYSIA GOVERNMENT                              | Malaysia Government Bond                         | CUSIP: 000000000<br>LEI: 254900GSIL471JOBYY43 | Long             | DBT              | NUSS              | MY        |      120000 | PA      | $31481.89     | 0.07%             | 2044-05-16      | Fixed         | 4.18%                 | No            |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                            | China Government Bond                            | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |     1860000 | PA      | $268837.69    | 0.63%             | 2027-05-15      | Fixed         | 1.85%                 | No            |                  2 | On Loan: No      |
| Japan Government Forty Year Bonds                | Japan Government Forty Year Bonds                | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |    21200000 | PA      | $95209.59     | 0.22%             | 2064-03-20      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Portugal Obrigacoes do Tesouro OT                | Portugal Obrigacoes do Tesouro OT                | CUSIP: 000000000<br>LEI: 549300P6U1FJ3IMP7K42 | Long             | DBT              | NUSS              | PT        |        5000 | PA      | $5597.71      | 0.01%             | 2054-06-12      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Republic of Austria Government Bonds             | Republic of Austria Government Bonds             | CUSIP: 000000000<br>LEI: 529900QWWUI4XRVR7I03 | Long             | DBT              | NUSS              | AT        |       27000 | PA      | $31350.72     | 0.07%             | 2039-07-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Japan Government Ten Year Bonds                  | Japan Government Ten Year Bonds                  | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |    45750000 | PA      | $272569.61    | 0.64%             | 2034-03-20      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Italy Buoni Poliennali Del Tesoro                | Italy Buoni Poliennali Del Tesoro                | CUSIP: 000000000<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |       30000 | PA      | $36233.43     | 0.08%             | 2027-07-15      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| BONOS DE TESORERIA                               | Peru Government Bond                             | CUSIP: 000000000<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |       40000 | PA      | $13059.31     | 0.03%             | 2039-08-12      | Fixed         | 7.60%                 | No            |                  2 | On Loan: No      |
| Japan Government Thirty Year Bonds               | Japan Government Thirty Year Bonds               | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |    30650000 | PA      | $148863.22    | 0.35%             | 2054-06-20      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| JAPAN (5 YEAR ISSUE)                             | Japan Government Five Year Bond                  | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |    21700000 | PA      | $135796.06    | 0.32%             | 2029-06-20      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| CZECH REPUBLIC                                   | Czech Republic Government Bond                   | CUSIP: 000000000<br>LEI: 3157007EFDLQABN47912 | Long             | DBT              | NUSS              | CZ        |      720000 | PA      | $32641.36     | 0.08%             | 2036-06-03      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Italy Buoni Poliennali Del Tesoro                | Italy Buoni Poliennali Del Tesoro                | CUSIP: 000000000<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |      100000 | PA      | $123466.01    | 0.29%             | 2035-02-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| BONOS TESORERIA PESOS                            | Bonos de la Tesoreria de la Republica en pesos   | CUSIP: 000000000<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |    10000000 | PA      | $11833.71     | 0.03%             | 2029-10-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| INDONESIA GOVERNMENT                             | Indonesia Treasury Bond                          | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |   902000000 | PA      | $55244.10     | 0.13%             | 2035-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| KOREA TREASURY BOND                              | Korea Treasury Bond                              | CUSIP: 000000000<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |    11650000 | PA      | $6937.11      | 0.02%             | 2054-09-10      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| New Zealand Government Bonds                     | New Zealand Government Bonds                     | CUSIP: 000000000<br>LEI: 549300237GPHG2AI7C34 | Long             | DBT              | NUSS              | NZ        |       40000 | PA      | $23356.18     | 0.05%             | 2036-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                            | China Government Bond                            | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |      450000 | PA      | $92124.66     | 0.21%             | 2069-06-24      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| INDONESIA GOVERNMENT                             | Indonesia Treasury Bond                          | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |   756000000 | PA      | $46316.74     | 0.11%             | 2030-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                            | China Government Bond                            | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |     1180000 | PA      | $174209.79    | 0.41%             | 2034-08-25      | Fixed         | 2.11%                 | No            |                  2 | On Loan: No      |
| Republic of Austria Government Bonds             | Republic of Austria Government Bonds             | CUSIP: 000000000<br>LEI: 529900QWWUI4XRVR7I03 | Long             | DBT              | NUSS              | AT        |       80000 | PA      | $95235.91     | 0.22%             | 2029-10-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Italy Buoni Poliennali Del Tesoro                | Italy Buoni Poliennali Del Tesoro                | CUSIP: 000000000<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |       54000 | PA      | $64022.96     | 0.15%             | 2054-10-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| KOREA TREASURY BOND                              | Korea Treasury Bond                              | CUSIP: 000000000<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |    52850000 | PA      | $32971.74     | 0.08%             | 2044-09-10      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| KOREA TREASURY BOND                              | Korea Treasury Bond                              | CUSIP: 000000000<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |    19440000 | PA      | $11390.31     | 0.03%             | 2074-09-10      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| ROMANIA GOVERNMENT BOND                          | Romania Government Bond                          | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |       50000 | PA      | $11712.01     | 0.03%             | 2035-04-25      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| THAILAND GOVERNMENT BOND                         | Thailand Government Bond                         | CUSIP: 000000000<br>LEI: 254900PHJ6MSKT6C7026 | Long             | DBT              | NUSS              | TH        |      420000 | PA      | $13971.86     | 0.03%             | 2050-06-17      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Italy Buoni Poliennali Del Tesoro                | Italy Buoni Poliennali Del Tesoro                | CUSIP: 000000000<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |       80000 | PA      | $96326.63     | 0.22%             | 2031-11-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| THAILAND GOVERNMENT BOND                         | Thailand Government Bond                         | CUSIP: 000000000<br>LEI: 254900PHJ6MSKT6C7026 | Long             | DBT              | NUSS              | TH        |      735000 | PA      | $23848.41     | 0.06%             | 2045-06-17      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| Italy Buoni Poliennali Del Tesoro                | Italy Buoni Poliennali Del Tesoro                | CUSIP: 000000000<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |      110000 | PA      | $131574.99    | 0.31%             | 2027-10-15      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| THAILAND GOVERNMENT BOND                         | Thailand Government Bond                         | CUSIP: 000000000<br>LEI: 254900PHJ6MSKT6C7026 | Long             | DBT              | NUSS              | TH        |     1000000 | PA      | $32845.72     | 0.08%             | 2040-06-17      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                            | China Government Bond                            | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |       50000 | PA      | $7336.89      | 0.02%             | 2034-11-25      | Fixed         | 2.04%                 | No            |                  2 | On Loan: No      |
| Kingdom of Belgium Government Bonds              | Kingdom of Belgium Government Bonds              | CUSIP: 000000000<br>LEI: 549300SZ25JZFHRHWD76 | Long             | DBT              | NUSS              | BE        |       10000 | PA      | $11709.10     | 0.03%             | 2035-06-22      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Spain Government Bonds                           | Spain Government Bonds                           | CUSIP: 000000000<br>LEI: 9598007A56S18711AH60 | Long             | DBT              | NUSS              | ES        |      100000 | PA      | $119040.86    | 0.28%             | 2028-05-31      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Italy Buoni Poliennali Del Tesoro                | Italy Buoni Poliennali Del Tesoro                | CUSIP: 000000000<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |       23000 | PA      | $27385.72     | 0.06%             | 2046-04-30      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Italy Buoni Poliennali Del Tesoro                | Italy Buoni Poliennali Del Tesoro                | CUSIP: 000000000<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |      110000 | PA      | $133316.45    | 0.31%             | 2035-08-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Portugal Obrigacoes do Tesouro OT                | Portugal Obrigacoes do Tesouro OT                | CUSIP: 000000000<br>LEI: 549300P6U1FJ3IMP7K42 | Long             | DBT              | NUSS              | PT        |       35000 | PA      | $41218.07     | 0.10%             | 2035-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Bundesobligation                                 | Bundesobligation                                 | CUSIP: 000000000<br>LEI: 529900AQBND3S6YJLY83 | Long             | DBT              | NUSS              | DE        |       27000 | PA      | $32106.72     | 0.07%             | 2030-04-18      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| HELLENIC REPUBLIC                                | Hellenic Republic Government Bond                | CUSIP: 000000000<br>LEI: 2138003EKTMKZ5598902 | Long             | DBT              | NUSS              | GR        |       25000 | PA      | $30295.35     | 0.07%             | 2035-06-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                            | China Government Bond                            | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |      300000 | PA      | $39467.63     | 0.09%             | 2055-01-15      | Fixed         | 1.92%                 | No            |                  2 | On Loan: No      |
| Ireland Government Bonds                         | Ireland Government Bonds                         | CUSIP: 000000000<br>LEI: 549300KXBEJAOJ9OVF93 | Long             | DBT              | NUSS              | IE        |       13000 | PA      | $13739.01     | 0.03%             | 2055-10-18      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| THAILAND GOVERNMENT BOND                         | Thailand Government Bond                         | CUSIP: 000000000<br>LEI: 254900PHJ6MSKT6C7026 | Long             | DBT              | NUSS              | TH        |     1970000 | PA      | $63556.21     | 0.15%             | 2028-04-17      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| French Republic Government Bonds OAT             | French Republic Government Bonds OAT             | CUSIP: 000000000<br>LEI: 969500KCGF3SUYJHPV70 | Long             | DBT              | NUSS              | FR        |       72000 | PA      | $81596.81     | 0.19%             | 2042-05-25      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Finland Government Bonds                         | Finland Government Bonds                         | CUSIP: 000000000<br>LEI: 743700M6Y2OQRVSBRD14 | Long             | DBT              | NUSS              | FI        |       15000 | PA      | $16627.75     | 0.04%             | 2045-04-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| THAILAND GOVERNMENT BOND                         | Thailand Government Bond                         | CUSIP: 000000000<br>LEI: 254900PHJ6MSKT6C7026 | Long             | DBT              | NUSS              | TH        |     1595000 | PA      | $52680.15     | 0.12%             | 2035-03-17      | Fixed         | 2.41%                 | No            |                  2 | On Loan: No      |
| Italy Buoni Poliennali Del Tesoro                | Italy Buoni Poliennali Del Tesoro                | CUSIP: 000000000<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |      190000 | PA      | $226300.61    | 0.53%             | 2027-02-25      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Republic of Austria Government Bonds             | Republic of Austria Government Bonds             | CUSIP: 000000000<br>LEI: 529900QWWUI4XRVR7I03 | Long             | DBT              | NUSS              | AT        |       43000 | PA      | $50638.32     | 0.12%             | 2035-02-20      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| MEX BONOS DESARR FIX RT                          | Mexican Bonos                                    | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |     1000000 | PA      | $57835.05     | 0.13%             | 2030-02-28      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Australia Government Bonds                       | Australia Government Bonds                       | CUSIP: 000000000<br>LEI: 213800J6B7JSBDETCB42 | Long             | DBT              | NUSS              | AU        |       85000 | PA      | $56531.56     | 0.13%             | 2036-03-21      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Norway Government Bonds                          | Norway Government Bonds                          | CUSIP: 000000000<br>LEI: 549300L0BT3FJTN9MX24 | Long             | DBT              | NUSS              | NO        |      150000 | PA      | $15056.69     | 0.04%             | 2035-06-12      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| KOREA TREASURY BOND                              | Korea Treasury Bond                              | CUSIP: 000000000<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |    63080000 | PA      | $36530.02     | 0.09%             | 2055-03-10      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Denmark Government Bonds                         | Denmark Government Bonds                         | CUSIP: 000000000<br>LEI: 549300PTO6LS1PTM6607 | Long             | DBT              | NUSS              | DK        |      100000 | PA      | $15276.21     | 0.04%             | 2035-11-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| U.K. Gilts                                       | U.K. Gilts                                       | CUSIP: 000000000<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |      100000 | PA      | $136562.03    | 0.32%             | 2035-03-07      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Italy Buoni Poliennali Del Tesoro                | Italy Buoni Poliennali Del Tesoro                | CUSIP: 000000000<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |       90000 | PA      | $106854.28    | 0.25%             | 2040-10-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| French Republic Government Bonds OAT             | French Republic Government Bonds OAT             | CUSIP: 000000000<br>LEI: 969500KCGF3SUYJHPV70 | Long             | DBT              | NUSS              | FR        |      148000 | PA      | $156586.16    | 0.37%             | 2056-05-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| SLOVAKIA GOVERNMENT BOND                         | Slovakia Government Bond                         | CUSIP: 000000000<br>LEI: 097900BHFM0000074794 | Long             | DBT              | NUSS              | SK        |       10000 | PA      | $11637.17     | 0.03%             | 2040-02-27      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| French Republic Government Bonds OAT             | French Republic Government Bonds OAT             | CUSIP: 000000000<br>LEI: 969500KCGF3SUYJHPV70 | Long             | DBT              | NUSS              | FR        |       60000 | PA      | $71280.28     | 0.17%             | 2028-09-24      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Spain Government Bonds                           | Spain Government Bonds                           | CUSIP: 000000000<br>LEI: 9598007A56S18711AH60 | Long             | DBT              | NUSS              | ES        |       70000 | PA      | $81219.14     | 0.19%             | 2041-01-31      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| KOREA TREASURY BOND                              | Korea Treasury Bond                              | CUSIP: 000000000<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |   135920000 | PA      | $91491.78     | 0.21%             | 2030-03-10      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| Netherlands Government Bonds                     | Netherlands Government Bonds                     | CUSIP: 000000000<br>LEI: 254900G14ALGVKORFN62 | Long             | DBT              | NUSS              | NL        |       50000 | PA      | $57262.46     | 0.13%             | 2035-07-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Kingdom of Belgium Government Bonds              | Kingdom of Belgium Government Bonds              | CUSIP: 000000000<br>LEI: 549300SZ25JZFHRHWD76 | Long             | DBT              | NUSS              | BE        |       30000 | PA      | $33748.82     | 0.08%             | 2042-06-22      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Italy Buoni Poliennali Del Tesoro                | Italy Buoni Poliennali Del Tesoro                | CUSIP: 000000000<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |       30000 | PA      | $35868.76     | 0.08%             | 2028-06-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Japan Government Two Year Bonds                  | Japan Government Two Year Bonds                  | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |     5700000 | PA      | $36770.08     | 0.09%             | 2027-04-01      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| Japan Government Thirty Year Bonds               | Japan Government Thirty Year Bonds               | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |     4850000 | PA      | $24635.15     | 0.06%             | 2055-03-20      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Japan Government Five Year Bonds                 | Japan Government Five Year Bonds                 | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |    34800000 | PA      | $219816.10    | 0.51%             | 2030-03-20      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| French Republic Government Bonds OAT             | French Republic Government Bonds OAT             | CUSIP: 000000000<br>LEI: 969500KCGF3SUYJHPV70 | Long             | DBT              | NUSS              | FR        |      140000 | PA      | $165786.31    | 0.39%             | 2031-02-25      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Italy Buoni Poliennali Del Tesoro                | Italy Buoni Poliennali Del Tesoro                | CUSIP: 000000000<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |       45000 | PA      | $54234.83     | 0.13%             | 2032-07-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Italy Buoni Poliennali Del Tesoro                | Italy Buoni Poliennali Del Tesoro                | CUSIP: 000000000<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |      125000 | PA      | $150668.30    | 0.35%             | 2035-10-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| THAILAND GOVERNMENT BOND                         | Thailand Government Bond                         | CUSIP: 000000000<br>LEI: 254900PHJ6MSKT6C7026 | Long             | DBT              | NUSS              | TH        |      590000 | PA      | $18932.41     | 0.04%             | 2030-03-17      | Fixed         | 1.66%                 | No            |                  2 | On Loan: No      |
| POLAND GOVERNMENT BOND                           | Republic of Poland Government Bond               | CUSIP: 000000000<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |      220000 | PA      | $62539.47     | 0.15%             | 2030-07-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Finland Government Bonds                         | Finland Government Bonds                         | CUSIP: 000000000<br>LEI: 743700M6Y2OQRVSBRD14 | Long             | DBT              | NUSS              | FI        |       23000 | PA      | $27035.67     | 0.06%             | 2035-09-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| KOREA TREASURY BOND                              | Korea Treasury Bond                              | CUSIP: 000000000<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |    98020000 | PA      | $66737.14     | 0.16%             | 2028-06-10      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| MALAYSIA GOVERNMENT                              | Malaysia Government Bond                         | CUSIP: 000000000<br>LEI: 254900GSIL471JOBYY43 | Long             | DBT              | NUSS              | MY        |      200000 | PA      | $50866.82     | 0.12%             | 2030-05-15      | Fixed         | 3.34%                 | No            |                  2 | On Loan: No      |
| SWITZERLAND                                      | Swiss Confederation Government Bond              | CUSIP: 000000000<br>LEI: 5067006OA1BJ88912Q83 | Long             | DBT              | NUSS              | CH        |       15000 | PA      | $19719.79     | 0.05%             | 2040-05-28      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| Kingdom of Belgium Government Bonds              | Kingdom of Belgium Government Bonds              | CUSIP: 000000000<br>LEI: 549300SZ25JZFHRHWD76 | Long             | DBT              | NUSS              | BE        |       30000 | PA      | $35568.14     | 0.08%             | 2030-10-22      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| U.K. Gilts                                       | U.K. Gilts                                       | CUSIP: 000000000<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |       80000 | PA      | $111219.51    | 0.26%             | 2056-01-31      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| KOREA TREASURY BOND                              | Korea Treasury Bond                              | CUSIP: 000000000<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |    80460000 | PA      | $51306.57     | 0.12%             | 2035-06-10      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                            | China Government Bond                            | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |       30000 | PA      | $4254.91      | 0.01%             | 2035-05-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| Japan Government Forty Year Bonds                | Japan Government Forty Year Bonds                | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |     2250000 | PA      | $12775.25     | 0.03%             | 2065-03-20      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| POLAND GOVERNMENT BOND                           | Republic of Poland Government Bond               | CUSIP: 000000000<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |      400000 | PA      | $105088.66    | 0.25%             | 2028-01-25      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Japan Government Two Year Bonds                  | Japan Government Two Year Bonds                  | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |    28800000 | PA      | $185393.02    | 0.43%             | 2027-06-01      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| SLOVAKIA GOVERNMENT BOND                         | Slovakia Government Bond                         | CUSIP: 000000000<br>LEI: 097900BHFM0000074794 | Long             | DBT              | NUSS              | SK        |       10000 | PA      | $11859.54     | 0.03%             | 2029-06-04      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Italy Buoni Poliennali Del Tesoro                | Italy Buoni Poliennali Del Tesoro                | CUSIP: 000000000<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |      140000 | PA      | $165861.65    | 0.39%             | 2027-08-26      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| Japan Government Two Year Bonds                  | Japan Government Two Year Bonds                  | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |    21500000 | PA      | $138139.86    | 0.32%             | 2027-07-01      | Fixed         | 0.70%                 | No            |                  2 | On Loan: No      |
| MALAYSIA GOVERNMENT                              | Malaysia Government Bond                         | CUSIP: 000000000<br>LEI: 254900GSIL471JOBYY43 | Long             | DBT              | NUSS              | MY        |      130000 | PA      | $32896.23     | 0.08%             | 2035-07-02      | Fixed         | 3.48%                 | No            |                  2 | On Loan: No      |
| Japan Government Thirty Year Bonds               | Japan Government Thirty Year Bonds               | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |    12000000 | PA      | $66538.90     | 0.16%             | 2055-06-20      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Japan Government Five Year Bonds                 | Japan Government Five Year Bonds                 | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |    16600000 | PA      | $104546.96    | 0.24%             | 2030-06-20      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Japan Government Twenty Year Bonds               | Japan Government Twenty Year Bonds               | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |     7700000 | PA      | $45123.31     | 0.11%             | 2045-06-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| JAPAN (5 YEAR ISSUE)                             | Japan Government Five Year Bond                  | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |    26750000 | PA      | $168535.64    | 0.39%             | 2030-06-20      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Australia Government Bonds                       | Australia Government Bonds                       | CUSIP: 000000000<br>LEI: 213800J6B7JSBDETCB42 | Long             | DBT              | NUSS              | AU        |       20000 | PA      | $13238.59     | 0.03%             | 2036-10-21      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Japan Government Two Year Bonds                  | Japan Government Two Year Bonds                  | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |    20500000 | PA      | $132007.50    | 0.31%             | 2027-08-01      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| KOREA TREASURY BOND                              | Korea Treasury Bond                              | CUSIP: 000000000<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |    29860000 | PA      | $17299.17     | 0.04%             | 2055-09-10      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                            | China Government Bond                            | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |      690000 | PA      | $99126.23     | 0.23%             | 2028-08-15      | Fixed         | 1.42%                 | No            |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                            | China Government Bond                            | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |     1330000 | PA      | $191306.72    | 0.45%             | 2035-08-25      | Fixed         | 1.83%                 | No            |                  2 | On Loan: No      |
| KOREA TREASURY BOND                              | Korea Treasury Bond                              | CUSIP: 000000000<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |    27110000 | PA      | $18067.42     | 0.04%             | 2030-09-10      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Bundesrepublik Deutschland Bundesanleihe         | Bundesrepublik Deutschland Bundesanleihe         | CUSIP: 000000000<br>LEI: 529900AQBND3S6YJLY83 | Long             | DBT              | NUSS              | DE        |       40000 | PA      | $47175.35     | 0.11%             | 2032-11-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Japan Government Two Year Bonds                  | Japan Government Two Year Bonds                  | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |    19000000 | PA      | $122290.71    | 0.29%             | 2027-09-01      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| U.K. Gilts                                       | U.K. Gilts                                       | CUSIP: 000000000<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |       50000 | PA      | $69242.07     | 0.16%             | 2035-10-22      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Italy Buoni Poliennali Del Tesoro                | Italy Buoni Poliennali Del Tesoro                | CUSIP: 000000000<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |       54000 | PA      | $67350.40     | 0.16%             | 2055-10-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Italy Buoni Poliennali Del Tesoro                | Italy Buoni Poliennali Del Tesoro                | CUSIP: 000000000<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |       30000 | PA      | $36064.81     | 0.08%             | 2032-11-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| French Republic Government Bonds OAT             | French Republic Government Bonds OAT             | CUSIP: 000000000<br>LEI: 969500KCGF3SUYJHPV70 | Long             | DBT              | NUSS              | FR        |       50000 | PA      | $59605.12     | 0.14%             | 2035-11-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Japan Government Five Year Bonds                 | Japan Government Five Year Bonds                 | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |    31750000 | PA      | $200870.65    | 0.47%             | 2030-06-20      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| KOREA TREASURY BOND                              | Korea Treasury Bond                              | CUSIP: 000000000<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |    23840000 | PA      | $14576.04     | 0.03%             | 2045-09-10      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                            | China Government Bond                            | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |      440000 | PA      | $63182.35     | 0.15%             | 2027-09-15      | Fixed         | 1.44%                 | No            |                  2 | On Loan: No      |
| Spain Government Bonds                           | Spain Government Bonds                           | CUSIP: 000000000<br>LEI: 9598007A56S18711AH60 | Long             | DBT              | NUSS              | ES        |       40000 | PA      | $47713.69     | 0.11%             | 2033-01-31      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Japan Government Two Year Bonds                  | Japan Government Two Year Bonds                  | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |    25800000 | PA      | $166237.96    | 0.39%             | 2027-10-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Japan Government Ten Year Bonds                  | Japan Government Ten Year Bonds                  | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |     1100000 | PA      | $6800.23      | 0.02%             | 2035-09-20      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| Japan Government Thirty Year Bonds               | Japan Government Thirty Year Bonds               | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |     3800000 | PA      | $22856.47     | 0.05%             | 2055-09-20      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Japan Government Five Year Bonds                 | Japan Government Five Year Bonds                 | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |    13300000 | PA      | $84689.96     | 0.20%             | 2030-09-20      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| THAILAND GOVERNMENT BOND                         | Thailand Government Bond                         | CUSIP: 000000000<br>LEI: 254900PHJ6MSKT6C7026 | Long             | DBT              | NUSS              | TH        |      600000 | PA      | $18963.93     | 0.04%             | 2029-04-17      | Fixed         | 1.19%                 | No            |                  2 | On Loan: No      |
| Japan Government Twenty Year Bonds               | Japan Government Twenty Year Bonds               | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |     6800000 | PA      | $41023.65     | 0.10%             | 2045-09-20      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Netherlands Government Bonds                     | Netherlands Government Bonds                     | CUSIP: 000000000<br>LEI: 254900G14ALGVKORFN62 | Long             | DBT              | NUSS              | NL        |        5000 | PA      | $5726.25      | 0.01%             | 2035-07-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| MEX BONOS DESARR FIX RT                          | Mexican Bonos                                    | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |      700000 | PA      | $40700.55     | 0.09%             | 2029-03-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Italy Buoni Poliennali Del Tesoro                | Italy Buoni Poliennali Del Tesoro                | CUSIP: 000000000<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |        8000 | PA      | $9977.83      | 0.02%             | 2055-10-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| U.K. Gilts                                       | U.K. Gilts                                       | CUSIP: 000000000<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |      125000 | PA      | $171508.39    | 0.40%             | 2031-03-07      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| JAPAN (10 YEAR ISSUE)                            | Japan Government Ten Year Bond                   | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |     6050000 | PA      | $37059.69     | 0.09%             | 2035-09-20      | Fixed         | 1.60%                 | No            |                  2 | On Loan: No      |
| U.K. Gilts                                       | U.K. Gilts                                       | CUSIP: 000000000<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |       60000 | PA      | $81250.80     | 0.19%             | 2033-03-07      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Japan Government Two Year Bonds                  | Japan Government Two Year Bonds                  | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |    22400000 | PA      | $144272.73    | 0.34%             | 2027-11-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Japan Government Two Year Bonds                  | Japan Government Two Year Bonds                  | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |    13000000 | PA      | $83795.23     | 0.20%             | 2028-01-01      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| Kingdom of Belgium Government Bonds              | Kingdom of Belgium Government Bonds              | CUSIP: 000000000<br>LEI: 549300SZ25JZFHRHWD76 | Long             | DBT              | NUSS              | BE        |       67000 | PA      | $79615.31     | 0.19%             | 2036-06-22      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Italy Buoni Poliennali Del Tesoro                | Italy Buoni Poliennali Del Tesoro                | CUSIP: 000000000<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |      100000 | PA      | $119175.76    | 0.28%             | 2033-03-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| French Republic Government Bonds OAT             | French Republic Government Bonds OAT             | CUSIP: 000000000<br>LEI: 969500KCGF3SUYJHPV70 | Long             | DBT              | NUSS              | FR        |       43000 | PA      | $50789.40     | 0.12%             | 2046-05-25      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Spain Government Bonds                           | Spain Government Bonds                           | CUSIP: 000000000<br>LEI: 9598007A56S18711AH60 | Long             | DBT              | NUSS              | ES        |       28000 | PA      | $33281.79     | 0.08%             | 2036-04-30      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Eurex Deutschland                                | EURO-BOBL FUTURE MAR26                           | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              |  | DE        |           4 | NC      | $90.94        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Eurex Deutschland                                | EURO-SCHATZ FUT MAR26                            | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              |  | DE        |           3 | NC      | $50.42        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Eurex Deutschland                                | EURO-BUND FUTURE MAR26                           | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              |  | DE        |         110 | NC      | $17312.45     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Eurex Deutschland                                | EURO-BUXL 30Y BND MAR26                          | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              |  | DE        |          -4 | NC      | $3504.39      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Eurex Deutschland                                | EURO-BTP FUTURE MAR26                            | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              |  | DE        |          15 | NC      | $6018.02      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Eurex Deutschland                                | EURO-OAT FUTURE MAR26                            | CUSIP: 000000000<br>LEI: 529900LN3S50JPU47S06 | N/A              | DIR              |  | DE        |         -54 | NC      | $-46696.00    | -0.11%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                           | US 10YR NOTE (CBT)MAR26                          | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |         127 | NC      | $-7570.88     | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                           | US ULTRA BOND CBT MAR26                          | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |         -32 | NC      | $58452.63     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                           | US 5YR NOTE (CBT) MAR26                          | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |           5 | NC      | $813.61       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicago Board of Trade                           | US 2YR NOTE (CBT) MAR26                          | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |           4 | NC      | $557.14       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE Futures Europe - Financial Products Division | LONG GILT FUTURE MAR26                           | CUSIP: 000000000<br>LEI: 549300UF4R84F48NCH34 | N/A              | DIR              |  | GB        |        -106 | NC      | $103173.05    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| ASX Clear (Futures)                              | AUST 10Y BOND FUT MAR26                          | CUSIP: 000000000<br>LEI: 549300ZD7BBOVZFVHK49 | N/A              | DIR              |  | AU        |         -93 | NC      | $-21259.47    | -0.05%            |  |  |  | No            |                  1 | On Loan: No      |
| The Montreal Exchange/Bourse De Montreal         | CAN 10YR BOND FUT MAR26                          | CUSIP: 000000000<br>LEI: 549300DKBYNOI0B1NP44 | N/A              | DIR              |  | CA        |        -105 | NC      | $61.04        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Osaka Exchange                                   | JPN 10Y BOND(OSE) MAR26                          | CUSIP: 000000000<br>LEI: 3538001249AILNPRUX57 | N/A              | DIR              |  | JP        |          -5 | NC      | $28387.60     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Government Thirty Year Bonds               | Japan Government Thirty Year Bonds               | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |      900000 | PA      | $6015.74      | 0.01%             | 2034-06-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Japan Government Thirty Year Bonds               | Japan Government Thirty Year Bonds               | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |    12800000 | PA      | $85445.54     | 0.20%             | 2034-09-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| U.K. Gilts                                       | U.K. Gilts                                       | CUSIP: 000000000<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |       60000 | PA      | $72136.61     | 0.17%             | 2046-12-07      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Japan Government Forty Year Bonds                | Japan Government Forty Year Bonds                | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |    35200000 | PA      | $194896.46    | 0.45%             | 2048-03-20      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Japan Government Thirty Year Bonds               | Japan Government Thirty Year Bonds               | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |    22650000 | PA      | $146216.61    | 0.34%             | 2038-03-20      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| U.K. Gilts                                       | U.K. Gilts                                       | CUSIP: 000000000<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |      120000 | PA      | $142169.14    | 0.33%             | 2049-12-07      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Japan Government Thirty Year Bonds               | Japan Government Thirty Year Bonds               | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |    42550000 | PA      | $269866.42    | 0.63%             | 2038-09-20      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Denmark Government Bonds                         | Denmark Government Bonds                         | CUSIP: 000000000<br>LEI: 549300PTO6LS1PTM6607 | Long             | DBT              | NUSS              | DK        |       80000 | PA      | $14979.49     | 0.03%             | 2039-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Japan Government Forty Year Bonds                | Japan Government Forty Year Bonds                | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |    20200000 | PA      | $103647.04    | 0.24%             | 2050-03-20      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Japan Government Thirty Year Bonds               | Japan Government Thirty Year Bonds               | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |    45100000 | PA      | $280639.38    | 0.65%             | 2039-03-20      | Fixed         | 2.30%                 | No            |                  2 | On Loan: No      |
| Japan Government Forty Year Bonds                | Japan Government Forty Year Bonds                | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |     5500000 | PA      | $28787.93     | 0.07%             | 2049-03-20      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Japan Government Thirty Year Bonds               | Japan Government Thirty Year Bonds               | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |    48600000 | PA      | $296517.78    | 0.69%             | 2039-09-20      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Japan Government Thirty Year Bonds               | Japan Government Thirty Year Bonds               | CUSIP: 000000000<br>LEI: 353800WZS8AXZXFUC241 | Long             | DBT              | NUSS              | JP        |    15600000 | PA      | $92808.71     | 0.22%             | 2041-03-20      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| U.K. Gilts                                       | U.K. Gilts                                       | CUSIP: 000000000<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |      140000 | PA      | $136090.65    | 0.32%             | 2068-07-22      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Spain Government Bonds                           | Spain Government Bonds                           | CUSIP: 000000000<br>LEI: 9598007A56S18711AH60 | Long             | DBT              | NUSS              | ES        |       60000 | PA      | $76539.25     | 0.18%             | 2028-10-31      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| French Republic Government Bonds OAT             | French Republic Government Bonds OAT             | CUSIP: 000000000<br>LEI: 969500KCGF3SUYJHPV70 | Long             | DBT              | NUSS              | FR        |      100000 | PA      | $95654.63     | 0.22%             | 2036-05-25      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| HELLENIC REPUBLIC                                | Hellenic Republic Government Bond                | CUSIP: 000000000<br>LEI: 2138003EKTMKZ5598902 | Long             | DBT              | NUSS              | GR        |       13000 | PA      | $16054.86     | 0.04%             | 2042-01-30      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                            | China Government Bond                            | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |      320000 | PA      | $53386.80     | 0.12%             | 2046-08-22      | Fixed         | 3.27%                 | No            |                  2 | On Loan: No      |
| Ireland Government Bonds                         | Ireland Government Bonds                         | CUSIP: 000000000<br>LEI: 549300KXBEJAOJ9OVF93 | Long             | DBT              | NUSS              | IE        |       15000 | PA      | $17310.16     | 0.04%             | 2028-05-15      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| Australia Government Bonds                       | Australia Government Bonds                       | CUSIP: 000000000<br>LEI: 213800J6B7JSBDETCB42 | Long             | DBT              | NUSS              | AU        |       37000 | PA      | $19455.89     | 0.05%             | 2041-05-21      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Netherlands Government Bonds                     | Netherlands Government Bonds                     | CUSIP: 000000000<br>LEI: 254900G14ALGVKORFN62 | Long             | DBT              | NUSS              | NL        |       40000 | PA      | $45863.54     | 0.11%             | 2028-07-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| Netherlands Government Bonds                     | Netherlands Government Bonds                     | CUSIP: 000000000<br>LEI: 254900G14ALGVKORFN62 | Long             | DBT              | NUSS              | NL        |       35000 | PA      | $28777.37     | 0.07%             | 2040-01-15      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| Kingdom of Belgium Government Bonds              | Kingdom of Belgium Government Bonds              | CUSIP: 000000000<br>LEI: 549300SZ25JZFHRHWD76 | Long             | DBT              | NUSS              | BE        |       30000 | PA      | $22172.85     | 0.05%             | 2050-06-22      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| French Republic Government Bonds OAT             | French Republic Government Bonds OAT             | CUSIP: 000000000<br>LEI: 969500KCGF3SUYJHPV70 | Long             | DBT              | NUSS              | FR        |      150000 | PA      | $167086.28    | 0.39%             | 2029-05-25      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| Netherlands Government Bonds                     | Netherlands Government Bonds                     | CUSIP: 000000000<br>LEI: 254900G14ALGVKORFN62 | Long             | DBT              | NUSS              | NL        |       30000 | PA      | $14403.78     | 0.03%             | 2052-01-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Zealand Government Bonds                     | New Zealand Government Bonds                     | CUSIP: 000000000<br>LEI: 549300237GPHG2AI7C34 | Long             | DBT              | NUSS              | NZ        |       17000 | PA      | $6728.64      | 0.02%             | 2041-05-15      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| Kingdom of Belgium Government Bonds              | Kingdom of Belgium Government Bonds              | CUSIP: 000000000<br>LEI: 549300SZ25JZFHRHWD76 | Long             | DBT              | NUSS              | BE        |       40000 | PA      | $40630.76     | 0.09%             | 2032-06-22      | Fixed         | 0.35%                 | No            |                  2 | On Loan: No      |
| Canada Government Bonds                          | Canada Government Bonds                          | CUSIP: 135087Q72<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |       10000 | PA      | $7338.67      | 0.02%             | 2033-12-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Spain Government Bonds                           | Spain Government Bonds                           | CUSIP: 000000000<br>LEI: 9598007A56S18711AH60 | Long             | DBT              | NUSS              | ES        |       90000 | PA      | $107614.92    | 0.25%             | 2030-01-31      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Finland Government Bonds                         | Finland Government Bonds                         | CUSIP: 000000000<br>LEI: 743700M6Y2OQRVSBRD14 | Long             | DBT              | NUSS              | FI        |       40000 | PA      | $41233.81     | 0.10%             | 2031-09-15      | Fixed         | 0.13%                 | No            |                  2 | On Loan: No      |
| Kingdom of Belgium Government Bonds              | Kingdom of Belgium Government Bonds              | CUSIP: 000000000<br>LEI: 549300SZ25JZFHRHWD76 | Long             | DBT              | NUSS              | BE        |       40000 | PA      | $45759.67     | 0.11%             | 2027-10-22      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HELLENIC REPUBLIC                                | Hellenic Republic Government Bond                | CUSIP: 000000000<br>LEI: 2138003EKTMKZ5598902 | Long             | DBT              | NUSS              | GR        |       23000 | PA      | $28268.86     | 0.07%             | 2028-06-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| INDONESIA GOVERNMENT                             | Indonesia Treasury Bond                          | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |   179000000 | PA      | $10651.49     | 0.02%             | 2036-06-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Portugal Obrigacoes do Tesouro OT                | Portugal Obrigacoes do Tesouro OT                | CUSIP: 000000000<br>LEI: 549300P6U1FJ3IMP7K42 | Long             | DBT              | NUSS              | PT        |       10000 | PA      | $6318.85      | 0.01%             | 2052-04-12      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| BONOS Y OBLIG DEL ESTADO                         | Spain Government Bond                            | CUSIP: 000000000<br>LEI: 9598007A56S18711AH60 | Long             | DBT              | NUSS              | ES        |       40000 | PA      | $35947.05     | 0.08%             | 2037-07-30      | Fixed         | 0.85%                 | No            |                  2 | On Loan: No      |
| U.K. Gilts                                       | U.K. Gilts                                       | CUSIP: 000000000<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |      140000 | PA      | $152167.10    | 0.36%             | 2063-10-22      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HUNGARY GOVERNMENT BOND                          | Hungary Government Bond                          | CUSIP: 000000000<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |     3000000 | PA      | $9590.94      | 0.02%             | 2035-10-24      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| New Zealand Government Bonds                     | New Zealand Government Bonds                     | CUSIP: 000000000<br>LEI: 549300237GPHG2AI7C34 | Long             | DBT              | NUSS              | NZ        |       55000 | PA      | $29084.68     | 0.07%             | 2032-05-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Canada Government Bonds                          | Canada Government Bonds                          | CUSIP: 135087P57<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |       30000 | PA      | $22444.75     | 0.05%             | 2028-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Australia Government Bonds                       | Australia Government Bonds                       | CUSIP: 000000000<br>LEI: 213800J6B7JSBDETCB42 | Long             | DBT              | NUSS              | AU        |       20000 | PA      | $11485.18     | 0.03%             | 2031-11-21      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| NETHERLANDS GOVERNMENT                           | Netherlands Government Bond                      | CUSIP: 000000000<br>LEI: 254900G14ALGVKORFN62 | Long             | DBT              | NUSS              | NL        |       50000 | PA      | $58252.46     | 0.14%             | 2044-01-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Canada Government Bonds                          | Canada Government Bonds                          | CUSIP: 135087Q49<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |      105000 | PA      | $78256.67     | 0.18%             | 2028-09-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Australia Government Bonds                       | Australia Government Bonds                       | CUSIP: 000000000<br>LEI: 213800J6B7JSBDETCB42 | Long             | DBT              | NUSS              | AU        |       30000 | PA      | $10598.59     | 0.02%             | 2051-06-21      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                            | China Government Bond                            | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |      760000 | PA      | $115375.14    | 0.27%             | 2033-08-25      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| Bundesrepublik Deutschland Bundesanleihe         | Bundesrepublik Deutschland Bundesanleihe         | CUSIP: 000000000<br>LEI: 529900AQBND3S6YJLY83 | Long             | DBT              | NUSS              | DE        |       20000 | PA      | $16700.37     | 0.04%             | 2053-08-15      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| SWEDISH GOVERNMENT                               | Sweden Government Bond                           | CUSIP: 000000000<br>LEI: ERE94C0BSULG2RM19605 | Long             | DBT              | NUSS              | SE        |      200000 | PA      | $19991.20     | 0.05%             | 2031-05-12      | Fixed         | 0.13%                 | No            |                  2 | On Loan: No      |
| BUONI POLIENNALI DEL TES                         | Italy Buoni Poliennali Del Tesoro                | CUSIP: 000000000<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |       81000 | PA      | $99433.59     | 0.23%             | 2053-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BELGIUM KINGDOM                                  | Kingdom of Belgium Government Bond               | CUSIP: 000000000<br>LEI: 549300SZ25JZFHRHWD76 | Long             | DBT              | NUSS              | BE        |       20000 | PA      | $20624.75     | 0.05%             | 2055-06-22      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Portugal Obrigacoes do Tesouro OT                | Portugal Obrigacoes do Tesouro OT                | CUSIP: 000000000<br>LEI: 549300P6U1FJ3IMP7K42 | Long             | DBT              | NUSS              | PT        |       50000 | PA      | $52133.49     | 0.12%             | 2031-10-17      | Fixed         | 0.30%                 | No            |                  2 | On Loan: No      |
| BONOS Y OBLIG DEL ESTADO                         | Spain Government Bond                            | CUSIP: 000000000<br>LEI: 9598007A56S18711AH60 | Long             | DBT              | NUSS              | ES        |       80000 | PA      | $90661.98     | 0.21%             | 2043-07-30      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Israel Government Bonds - Fixed                  | Israel Government Bonds - Fixed                  | CUSIP: 000000000<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |       38000 | PA      | $9150.05      | 0.02%             | 2052-11-29      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| BELGIUM KINGDOM                                  | Kingdom of Belgium Government Bond               | CUSIP: 000000000<br>LEI: 549300SZ25JZFHRHWD76 | Long             | DBT              | NUSS              | BE        |       60000 | PA      | $66940.84     | 0.16%             | 2043-06-22      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| French Republic Government Bonds OAT             | French Republic Government Bonds OAT             | CUSIP: 000000000<br>LEI: 969500KCGF3SUYJHPV70 | Long             | DBT              | NUSS              | FR        |      150000 | PA      | $175491.53    | 0.41%             | 2035-05-25      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Spain Government Bonds                           | Spain Government Bonds                           | CUSIP: 000000000<br>LEI: 9598007A56S18711AH60 | Long             | DBT              | NUSS              | ES        |       90000 | PA      | $101066.81    | 0.24%             | 2029-07-30      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| U.K. Gilts                                       | U.K. Gilts                                       | CUSIP: 000000000<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |       60000 | PA      | $83312.34     | 0.19%             | 2034-01-31      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| U.K. Gilts                                       | U.K. Gilts                                       | CUSIP: 000000000<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |      160000 | PA      | $208987.34    | 0.49%             | 2043-10-22      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NETHERLANDS GOVERNMENT                           | Netherlands Government Bond                      | CUSIP: 000000000<br>LEI: 254900G14ALGVKORFN62 | Long             | DBT              | NUSS              | NL        |       60000 | PA      | $62195.29     | 0.15%             | 2032-07-15      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| BONOS Y OBLIG DEL ESTADO                         | Spain Government Bond                            | CUSIP: 000000000<br>LEI: 9598007A56S18711AH60 | Long             | DBT              | NUSS              | ES        |       80000 | PA      | $96824.09     | 0.23%             | 2031-07-30      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Canada Government Bonds                          | Canada Government Bonds                          | CUSIP: 135087Q98<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |       70000 | PA      | $53340.65     | 0.12%             | 2029-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| U.K. Gilts                                       | U.K. Gilts                                       | CUSIP: 000000000<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |      120000 | PA      | $163263.49    | 0.38%             | 2031-10-22      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Netherlands Government Bonds                     | Netherlands Government Bonds                     | CUSIP: 000000000<br>LEI: 254900G14ALGVKORFN62 | Long             | DBT              | NUSS              | NL        |       20000 | PA      | $17237.27     | 0.04%             | 2054-01-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Ireland Government Bonds                         | Ireland Government Bonds                         | CUSIP: 000000000<br>LEI: 549300KXBEJAOJ9OVF93 | Long             | DBT              | NUSS              | IE        |       21000 | PA      | $23361.98     | 0.05%             | 2043-10-18      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BONOS Y OBLIG DEL ESTADO                         | Spain Government Bond                            | CUSIP: 000000000<br>LEI: 9598007A56S18711AH60 | Long             | DBT              | NUSS              | ES        |       90000 | PA      | $108153.45    | 0.25%             | 2034-04-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| BELGIUM KINGDOM                                  | Kingdom of Belgium Government Bond               | CUSIP: 000000000<br>LEI: 549300SZ25JZFHRHWD76 | Long             | DBT              | NUSS              | BE        |       40000 | PA      | $46319.67     | 0.11%             | 2034-10-22      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF AUSTRIA                              | Republic of Austria Government Bond              | CUSIP: 000000000<br>LEI: 529900QWWUI4XRVR7I03 | Long             | DBT              | NUSS              | AT        |       40000 | PA      | $47701.93     | 0.11%             | 2033-02-20      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Canada Government Bonds                          | Canada Government Bonds                          | CUSIP: 135087P99<br>LEI: 4BFD7AQU0A75QLAHK410 | Long             | DBT              | NUSS              | CA        |       10000 | PA      | $5885.58      | 0.01%             | 2055-12-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| U.K. Gilts                                       | U.K. Gilts                                       | CUSIP: 000000000<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |      130000 | PA      | $179278.66    | 0.42%             | 2029-07-22      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Singapore Government Bonds                       | Singapore Government Bonds                       | CUSIP: 000000000<br>LEI: 549300ZSV6VOGFH1ER70 | Long             | DBT              | NUSS              | SG        |       50000 | PA      | $41014.66     | 0.10%             | 2029-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Australia Government Bonds                       | Australia Government Bonds                       | CUSIP: 000000000<br>LEI: 213800J6B7JSBDETCB42 | Long             | DBT              | NUSS              | AU        |      120000 | PA      | $80938.18     | 0.19%             | 2034-06-21      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BELGIUM KINGDOM                                  | Kingdom of Belgium Government Bond               | CUSIP: 000000000<br>LEI: 549300SZ25JZFHRHWD76 | Long             | DBT              | NUSS              | BE        |       40000 | PA      | $47524.55     | 0.11%             | 2033-06-22      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BUONI POLIENNALI DEL TES                         | Italy Buoni Poliennali Del Tesoro                | CUSIP: 000000000<br>LEI: 815600DE60799F5A9309 | Long             | DBT              | NUSS              | IT        |       26000 | PA      | $32611.62     | 0.08%             | 2043-09-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| INDONESIA GOVERNMENT                             | Indonesia Treasury Bond                          | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |   784000000 | PA      | $49091.35     | 0.11%             | 2040-08-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Israel Government Bonds - Fixed                  | Israel Government Bonds - Fixed                  | CUSIP: 000000000<br>LEI: 213800T8ZHTFZIBYPE21 | Long             | DBT              | NUSS              | IL        |      112000 | PA      | $36668.10     | 0.09%             | 2035-03-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FRANCE (GOVT OF)                                 | French Republic Government Bond OAT              | CUSIP: 000000000<br>LEI: 969500KCGF3SUYJHPV70 | Long             | DBT              | NUSS              | FR        |      160000 | PA      | $191078.73    | 0.45%             | 2030-02-25      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Netherlands Government Bonds                     | Netherlands Government Bonds                     | CUSIP: 000000000<br>LEI: 254900G14ALGVKORFN62 | Long             | DBT              | NUSS              | NL        |        5000 | PA      | $5853.97      | 0.01%             | 2056-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BONOS Y OBLIG DEL ESTADO                         | Spain Government Bond                            | CUSIP: 000000000<br>LEI: 9598007A56S18711AH60 | Long             | DBT              | NUSS              | ES        |       80000 | PA      | $93452.96     | 0.22%             | 2054-10-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| INDONESIA GOVERNMENT                             | Indonesia Treasury Bond                          | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        |   307000000 | PA      | $19308.14     | 0.05%             | 2045-08-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                            | China Government Bond                            | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |      370000 | PA      | $55281.05     | 0.13%             | 2034-05-25      | Fixed         | 2.27%                 | No            |                  2 | On Loan: No      |
| U.K. Gilts                                       | U.K. Gilts                                       | CUSIP: 000000000<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |      210000 | PA      | $290959.82    | 0.68%             | 2028-03-07      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| U.K. Gilts                                       | U.K. Gilts                                       | CUSIP: 000000000<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |      125000 | PA      | $173737.54    | 0.41%             | 2030-03-07      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BONOS Y OBLIG DEL ESTADO                         | Spain Government Bond                            | CUSIP: 000000000<br>LEI: 9598007A56S18711AH60 | Long             | DBT              | NUSS              | ES        |       93000 | PA      | $113058.05    | 0.26%             | 2034-10-31      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                            | China Government Bond                            | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |      440000 | PA      | $62405.31     | 0.15%             | 2035-05-15      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| POLAND GOVERNMENT BOND                           | Republic of Poland Government Bond               | CUSIP: 000000000<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |       41000 | PA      | $11463.24     | 0.03%             | 2035-10-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| U.K. Gilts                                       | U.K. Gilts                                       | CUSIP: 000000000<br>LEI: ECTRVYYCEF89VWYS6K36 | Long             | DBT              | NUSS              | GB        |      100000 | PA      | $137352.97    | 0.32%             | 2029-05-22      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: CNY 1.472000 17-DEC-2030 CNR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     7185768 | OU      | $-7808.21     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: CNY 1.471000 17-DEC-2030 CNR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     1580549 | OU      | $-1728.33     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| BANK OF AMERICA NA                               | SWP: OIS 13.250000 02-JAN-2029 BZD               | CUSIP: 000000000<br>LEI: B4TYDEB6GKMZO031MB27 | N/A              | DIR              |  | US        |    11437000 | OU      | $-14765.43    | -0.03%            |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                      | SWP: OIS 13.550000 02-JAN-2029 BZD               | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |      161000 | OU      | $-542.17      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                      | SWP: OIS 13.370000 02-JAN-2029 BZD               | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |      417000 | OU      | $-921.44      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                      | SWP: OIS 13.550000 02-JAN-2029 BZD               | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |       82000 | OU      | $-280.18      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                      | SWP: OIS 13.450000 02-JAN-2029 BZD               | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |     1770000 | OU      | $-5014.05     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: GBP 3.869000 18-MAR-2031 SON               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      892000 | OU      | $-5410.53     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: ZAR 7.231500 18-MAR-2031 JIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    12435760 | OU      | $-20250.54    | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: ZAR 7.170000 18-MAR-2031 JIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     6510000 | OU      | $-9549.63     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 5.741000 18-MAR-2031 INR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      250000 | OU      | $-51.16       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 5.742700 18-MAR-2031 INR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     8516000 | OU      | $-1736.08     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: CNY 1.691000 18-MAR-2031 CNR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     3709000 | OU      | $1293.95      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: ZAR 7.144000 18-MAR-2031 JIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     3970000 | OU      | $-5552.61     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: CNY 1.669090 18-MAR-2031 CNR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     4103000 | OU      | $815.91       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: ZAR 7.116500 18-MAR-2031 JIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    14545960 | OU      | $-19294.22    | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: ZAR 7.130000 18-MAR-2031 JIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    13427040 | OU      | $-18286.03    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: HKD 2.891500 18-MAR-2031 HKD               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     1026000 | OU      | $706.90       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: HKD 2.911100 18-MAR-2031 HKD               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     2845000 | OU      | $1623.21      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: HKD 2.960500 18-MAR-2031 HKD               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     1158000 | OU      | $315.01       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: HKD 2.960000 18-MAR-2031 HKD               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     1040000 | OU      | $286.06       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: ZAR 7.104000 18-MAR-2031 JIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     3113000 | OU      | $-4027.00     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: HKD 2.901600 18-MAR-2031 HKD               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      722000 | OU      | $453.38       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: ZAR 7.129000 18-MAR-2031 JIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     2696000 | OU      | $-3664.55     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 5.763000 18-MAR-2031 INR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     5024500 | OU      | $-978.04      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 5.756600 18-MAR-2031 INR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     5024500 | OU      | $-992.62      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: GBP 3.886700 18-MAR-2031 SON               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      267000 | OU      | $-1908.84     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: HKD 2.995000 18-MAR-2031 HKD               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      469050 | OU      | $29.80        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: HKD 2.945000 18-MAR-2031 HKD               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      415950 | OU      | $152.11       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: GBP 3.878200 18-MAR-2031 SON               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      505000 | OU      | $-3347.56     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: HKD 2.930000 18-MAR-2031 HKD               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      379400 | OU      | $173.14       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: HKD 2.970000 18-MAR-2031 HKD               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      505600 | OU      | $108.51       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: GBP 3.875700 18-MAR-2031 SON               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      460000 | OU      | $-2978.86     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: HKD 2.975000 18-MAR-2031 HKD               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     1790000 | OU      | $330.09       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: GBP 3.870000 18-MAR-2031 SON               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      206000 | OU      | $-1262.12     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                      | SWP: OIS 13.280000 02-JAN-2029 BZD               | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |      622000 | OU      | $-1470.54     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: ZAR 6.907000 18-MAR-2031 JIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    10827500 | OU      | $-8405.40     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: ZAR 6.900000 18-MAR-2031 JIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     4214500 | OU      | $-3194.26     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: ZAR 6.903000 18-MAR-2031 JIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     1023000 | OU      | $-783.41      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: ZAR 6.975000 18-MAR-2031 JIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     2501000 | OU      | $-2388.12     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: HKD 2.898000 18-MAR-2031 HKD               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      128000 | OU      | $83.16        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: ZAR 6.899000 18-MAR-2031 JIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     2411000 | OU      | $-1821.01     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: ZAR 6.906000 18-MAR-2031 JIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     1626000 | OU      | $-1258.00     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: HKD 2.978000 18-MAR-2031 HKD               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     1166000 | OU      | $193.88       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: KRW 3.078000 18-MAR-2031 KRW               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   770105000 | OU      | $-7913.40     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: ZAR 6.852500 18-MAR-2031 JIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    15273000 | OU      | $-9670.69     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: SEK 2.566950 18-MAR-2031 3M                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     1029000 | OU      | $359.30       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 5.770000 18-MAR-2031 INR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     9326000 | OU      | $-1785.75     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: ZAR 6.858000 18-MAR-2031 JIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     3052000 | OU      | $-1976.57     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 5.744000 18-MAR-2031 INR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    17890000 | OU      | $-3636.51     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: ZAR 6.781000 18-MAR-2031 JIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     2135000 | OU      | $-951.01      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: HKD 2.903000 18-MAR-2031 HKD               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      222000 | OU      | $137.52       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 5.774500 18-MAR-2031 INR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     4635000 | OU      | $-878.05      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: ZAR 6.760000 18-MAR-2031 JIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     4179420 | OU      | $-1631.19     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 5.766500 18-MAR-2031 INR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     8610000 | OU      | $-1662.31     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: ZAR 6.795000 18-MAR-2031 JIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     4122000 | OU      | $-1987.62     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: SEK 2.530000 18-MAR-2031 3M                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      364000 | OU      | $56.39        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: KRW 3.182000 18-MAR-2031 KRW               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   994904000 | OU      | $-6888.04     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: TWD 1.978000 18-MAR-2031 TAI               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     2544000 | OU      | $-752.17      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: SEK 2.679480 18-MAR-2031 3M                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     2558000 | OU      | $2406.63      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 5.845200 18-MAR-2031 INR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    24977000 | OU      | $-3930.89     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 5.850600 18-MAR-2031 INR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    24977000 | OU      | $-3869.72     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: ZAR 6.747500 18-MAR-2031 JIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      175300 | OU      | $-62.66       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 5.864000 18-MAR-2031 INR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    12648000 | OU      | $-1882.72     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: SEK 2.613660 18-MAR-2031 3M                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     1169000 | OU      | $695.28       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: TWD 2.015000 18-MAR-2031 TAI               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     9862844 | OU      | $-2380.75     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: KRW 3.150500 18-MAR-2031 KRW               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    50845000 | OU      | $-403.65      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: TWD 1.985000 18-MAR-2031 TAI               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     2269156 | OU      | $-647.61      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: KRW 3.167500 18-MAR-2031 KRW               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   491180000 | OU      | $-3630.18     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: AUD 4.522500 18-MAR-2031 AUD               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      288000 | OU      | $758.07       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: SEK 2.676000 18-MAR-2031 3M                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      767000 | OU      | $707.58       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 5.982600 18-MAR-2031 INR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    36983000 | OU      | $-3516.16     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: TWD 2.075000 18-MAR-2031 TAI               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     3494500 | OU      | $-535.92      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 5.972200 18-MAR-2031 INR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    35027370 | OU      | $-3495.41     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: TWD 2.061000 18-MAR-2031 TAI               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     3494500 | OU      | $-607.69      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: ZAR 6.868000 18-MAR-2031 JIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     4062000 | OU      | $-2737.34     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 5.960000 18-MAR-2031 INR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    31526630 | OU      | $-3320.48     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                      | FSWP: OIS 7.840000 12-MAR-2031 TII               | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |    11210000 | OU      | $6908.71      | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 5.967000 18-MAR-2031 INR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    53422000 | OU      | $-5456.99     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: TWD 2.082000 18-MAR-2031 TAI               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     2188500 | OU      | $-313.15      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: TWD 2.090000 18-MAR-2031 TAI               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     2188500 | OU      | $-287.47      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 5.961000 18-MAR-2031 INR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    13500296 | OU      | $-1415.77     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: SEK 2.712500 18-MAR-2031 3M                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    14023000 | OU      | $15627.72     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 5.941000 18-MAR-2031 INR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    32130704 | OU      | $-3660.93     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: TWD 2.096000 18-MAR-2031 TAI               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     2105000 | OU      | $-257.97      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: KRW 3.256000 18-MAR-2031 KRW               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   353696000 | OU      | $-1605.05     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 5.948500 18-MAR-2031 INR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     6225000 | OU      | $-688.10      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: ZAR 6.825000 18-MAR-2031 JIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      760000 | OU      | $-426.34      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 2.883000 18-MAR-2031 CAD               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      277000 | OU      | $-721.18      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: AUD 4.515000 18-MAR-2031 AUD               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      426000 | OU      | $1220.06      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                      | FSWP: OIS 7.990000 12-MAR-2031 TII               | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |     4304000 | OU      | $4189.34      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: AUD 4.515500 18-MAR-2031 AUD               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      255441 | OU      | $727.64       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: AUD 4.533000 18-MAR-2031 AUD               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      255441 | OU      | $589.48       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: AUD 4.548500 18-MAR-2031 AUD               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     1226118 | OU      | $2242.07      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: CNY 1.612000 18-MAR-2031 CNR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     4552884 | OU      | $-874.27      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: KRW 3.224700 18-MAR-2031 KRW               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  1826354000 | OU      | $-10130.59    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: EUR 2.600800 18-MAR-2031 EUR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      652000 | OU      | $-2651.51     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 2.860000 18-MAR-2031 CAD               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      175000 | OU      | $-318.35      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                      | FSWP: OIS 7.860000 12-MAR-2031 TII               | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |     7775000 | OU      | $5161.87      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: AUD 4.511500 18-MAR-2031 AUD               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      112500 | OU      | $334.37       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: AUD 4.517500 18-MAR-2031 AUD               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      229500 | OU      | $639.56       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 5.955000 18-MAR-2031 INR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    16643000 | OU      | $-1790.63     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 2.018000 18-MAR-2031 SOR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |       74000 | OU      | $387.17       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: EUR 2.619000 18-MAR-2031 EUR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     1322000 | OU      | $-6710.11     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: ZAR 6.739000 18-MAR-2031 JIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      895000 | OU      | $-299.96      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                      | SWP: OIS 13.317500 02-JAN-2029 BZD               | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |      120000 | OU      | $-359.82      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: AUD 4.528000 18-MAR-2031 AUD               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      211500 | OU      | $520.75       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 5.949000 18-MAR-2031 INR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    26842500 | OU      | $-2961.02     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 0.371000 18-MAR-2031 SAR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |       72000 | OU      | $729.83       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: SEK 2.686000 18-MAR-2031 3M                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      498000 | OU      | $485.61       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 1.983000 18-MAR-2031 SOR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |       49000 | OU      | $191.79       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 5.950000 18-MAR-2031 INR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    26842500 | OU      | $-2948.85     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: AUD 4.571000 18-MAR-2031 AUD               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      488000 | OU      | $552.98       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 6.013000 18-MAR-2031 INR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    26348000 | OU      | $-2141.82     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: ZAR 6.738000 18-MAR-2031 JIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     2902000 | OU      | $-964.98      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: AUD 4.503000 18-MAR-2031 AUD               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      103716 | OU      | $335.51       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 5.947500 18-MAR-2031 INR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    10929865 | OU      | $-1213.12     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: ZAR 6.675000 18-MAR-2031 JIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     3470000 | OU      | $-579.80      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: ZAR 6.660000 18-MAR-2031 JIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     2082000 | OU      | $-265.87      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: ZAR 6.655000 18-MAR-2031 JIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     2998080 | OU      | $-343.49      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: ZAR 6.650000 18-MAR-2031 JIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     2664960 | OU      | $-270.33      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: AUD 4.558300 18-MAR-2031 AUD               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |       84250 | OU      | $128.54       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: AUD 4.579800 18-MAR-2031 AUD               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |       84250 | OU      | $72.56        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: CNY 1.608000 18-MAR-2031 CNR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      270780 | OU      | $-59.41       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 6.016500 18-MAR-2031 INR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    50690000 | OU      | $-4040.12     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: CNY 1.612500 18-MAR-2031 CNR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     1360720 | OU      | $-256.64      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: TWD 2.108000 18-MAR-2031 TAI               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     2946000 | OU      | $-309.17      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                      | FSWP: OIS 3.475000 18-MAR-2031 SOF               | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |      200000 | OU      | $-514.68      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: CNY 1.626600 18-MAR-2031 CNR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     2417479 | OU      | $-222.56      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: EUR 2.614800 18-MAR-2031 EUR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      472000 | OU      | $-2285.84     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 0.321800 18-MAR-2031 SAR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      162000 | OU      | $1117.36      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: TWD 2.101000 18-MAR-2031 TAI               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     4173000 | OU      | $-480.80      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: CNY 1.632000 18-MAR-2031 CNR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     2159421 | OU      | $-118.96      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: CNY 1.625400 18-MAR-2031 CNR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     6068100 | OU      | $-608.51      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: CZK 3.826000 18-MAR-2031 PRI               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     6168000 | OU      | $-2856.05     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: ZAR 6.634000 18-MAR-2031 JIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     5601500 | OU      | $-332.87      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: ZAR 6.622500 18-MAR-2031 JIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      486500 | OU      | $-14.22       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 2.865000 18-MAR-2031 CAD               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      179000 | OU      | $-356.14      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: TWD 2.087000 18-MAR-2031 TAI               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     6048000 | OU      | $-821.05      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: KRW 3.185000 18-MAR-2031 KRW               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   657949000 | OU      | $-4491.57     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: CNY 1.631500 18-MAR-2031 CNR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     3604000 | OU      | $-210.89      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: EUR 2.557300 18-MAR-2031 EUR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      611000 | OU      | $-1011.28     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: CZK 3.775000 18-MAR-2031 PRI               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      610000 | OU      | $-212.47      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: AUD 4.511300 18-MAR-2031 AUD               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      142000 | OU      | $422.93       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: CNY 1.638000 18-MAR-2031 CNR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     2103000 | OU      | $-29.47       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: KRW 3.165000 18-MAR-2031 KRW               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   476345000 | OU      | $-3558.93     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: SEK 2.673000 18-MAR-2031 3M                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     2075000 | OU      | $1881.52      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: EUR 2.554360 18-MAR-2031 EUR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      410000 | OU      | $-611.77      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: TWD 2.073000 18-MAR-2031 TAI               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     3918000 | OU      | $-612.36      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: EUR 2.565010 18-MAR-2031 EUR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      705000 | OU      | $-1468.20     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 0.326300 18-MAR-2031 SAR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |       71000 | OU      | $510.75       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: SEK 2.610300 18-MAR-2031 3M                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      763000 | OU      | $440.33       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: CZK 3.680000 18-MAR-2031 PRI               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     1189000 | OU      | $-160.04      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: PLN 3.794000 18-MAR-2031 WIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      376000 | OU      | $-91.41       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: KRW 3.230000 18-MAR-2031 KRW               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   263905000 | OU      | $-1418.76     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: EUR 2.558100 18-MAR-2031 EUR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      517000 | OU      | $-878.63      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                      | FSWP: OIS 3.499000 18-MAR-2031 SOF               | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |      343000 | OU      | $-507.44      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 6.012000 18-MAR-2031 INR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    14645000 | OU      | $-1197.12     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: EUR 2.544900 18-MAR-2031 EUR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      316000 | OU      | $-305.78      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: PLN 3.793000 18-MAR-2031 WIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      468000 | OU      | $-119.64      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: KRW 3.305000 18-MAR-2031 KRW               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   252281000 | OU      | $-746.36      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: TWD 2.138000 18-MAR-2031 TAI               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     1153000 | OU      | $-70.26       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: CZK 3.751000 18-MAR-2031 PRI               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     1615000 | OU      | $-475.33      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 6.033500 18-MAR-2031 INR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    20838000 | OU      | $-1500.21     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: KRW 3.337500 18-MAR-2031 KRW               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   117065000 | OU      | $-223.69      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: KRW 3.419000 18-MAR-2031 KRW               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  1432685000 | OU      | $1026.29      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: GBP 3.695500 18-MAR-2031 SON               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      152000 | OU      | $692.52       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: PLN 3.812500 18-MAR-2031 WIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      433000 | OU      | $-4.88        | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                      | FSWP: OIS 3.518000 18-MAR-2031 SOF               | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |      352000 | OU      | $-215.89      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                      | FSWP: OIS 13.190000 02-JAN-2029 BZ               | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |    12102000 | OU      | $-30718.98    | -0.07%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: CNY 1.615000 18-MAR-2031 CNR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    18069000 | OU      | $-3098.58     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 6.123000 18-MAR-2031 INR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    92418500 | OU      | $-2902.77     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 1.949000 18-MAR-2031 SOR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |       85000 | OU      | $223.86       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: EUR 2.536370 18-MAR-2031 EUR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     5112000 | OU      | $-2529.30     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: KRW 3.390300 18-MAR-2031 KRW               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        | 10001178000 | OU      | $-2088.25     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 6.119000 18-MAR-2031 INR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    92418500 | OU      | $-3070.40     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                      | FSWP: OIS 3.574000 18-MAR-2031 SOF               | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |     2859000 | OU      | $5544.64      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                      | FSWP: OIS 7.770000 12-MAR-2031 TII               | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |      320000 | OU      | $143.89       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: AUD 4.505000 18-MAR-2031 AUD               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      367000 | OU      | $1164.52      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: TWD 2.165000 18-MAR-2031 TAI               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    24312000 | OU      | $-518.45      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: KRW 3.366000 18-MAR-2031 KRW               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   624010000 | OU      | $-619.08      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: HKD 3.022500 18-MAR-2031 HKD               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     4106000 | OU      | $-421.40      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 1.442800 18-MAR-2031 THO               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     4003000 | OU      | $339.31       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: CZK 3.764000 18-MAR-2031 PRI               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     3793000 | OU      | $-1227.29     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: ZAR 6.585000 18-MAR-2031 JIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    21996600 | OU      | $1523.13      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: PLN 3.765000 18-MAR-2031 WIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     1395000 | OU      | $-846.15      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: ZAR 6.601000 18-MAR-2031 JIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    18056400 | OU      | $491.66       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                      | SWP: OIS 13.060000 02-JAN-2029 BZD               | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |     2078000 | OU      | $-3934.77     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 3.460000 18-MAR-2031 SHI               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      298000 | OU      | $183.42       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: KRW 3.355000 18-MAR-2031 KRW               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   396499000 | OU      | $-533.96      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 6.153000 18-MAR-2031 INR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    16103000 | OU      | $-286.71      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 1.433000 18-MAR-2031 THO               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     1731000 | OU      | $172.91       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: PLN 3.808000 18-MAR-2031 WIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     1089000 | OU      | $-73.69       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                      | FSWP: OIS 3.583000 18-MAR-2031 SOF               | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |      128000 | OU      | $300.75       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: AUD 4.632000 18-MAR-2031 AUD               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      508837 | OU      | $-382.76      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: AUD 4.656000 18-MAR-2031 AUD               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      590163 | OU      | $-881.73      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: TWD 2.140000 18-MAR-2031 TAI               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     6135000 | OU      | $-355.84      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 6.166000 18-MAR-2031 INR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    61394000 | OU      | $-731.21      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: SEK 2.620000 18-MAR-2031 3M                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      886000 | OU      | $556.50       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: EUR 2.607000 18-MAR-2031 EUR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      371000 | OU      | $-1636.28     | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: ZAR 6.610000 18-MAR-2031 JIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     2095000 | OU      | $7.54         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: CZK 3.726000 18-MAR-2031 PRI               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     1821000 | OU      | $-433.54      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 3.470000 18-MAR-2031 SHI               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      311000 | OU      | $236.71       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                      | FSWP: OIS 3.605000 18-MAR-2031 SOF               | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |     1133000 | OU      | $3798.33      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 6.182000 18-MAR-2031 INR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    43142000 | OU      | $-200.82      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: SEK 2.607000 18-MAR-2031 3M                | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      517000 | OU      | $289.39       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 3.420000 18-MAR-2031 SHI               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      251000 | OU      | $8.33         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: PLN 3.771000 18-MAR-2031 WIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      474000 | OU      | $-251.87      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                      | SWP: OIS 12.757500 02-JAN-2029 BZD               | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |     2065000 | OU      | $-842.74      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: AUD 4.582000 18-MAR-2031 AUD               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      396000 | OU      | $314.10       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: TWD 2.170000 18-MAR-2031 TAI               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     2775000 | OU      | $-38.82       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: AUD 4.627300 18-MAR-2031 AUD               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      264000 | OU      | $-160.24      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 6.206500 18-MAR-2031 INR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    76014358 | OU      | $490.68       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 6.205500 18-MAR-2031 INR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    61012642 | OU      | $366.17       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: EUR 2.545600 18-MAR-2031 EUR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      337000 | OU      | $-339.18      | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: CZK 3.607000 18-MAR-2031 PRI               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |     1089000 | OU      | $32.26        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 3.437500 18-MAR-2031 SHI               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      287000 | OU      | $82.64        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: PLN 3.791500 18-MAR-2031 WIB               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      352000 | OU      | $-96.61       | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                      | FSWP: OIS 3.555000 18-MAR-2031 SOF               | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |       45000 | OU      | $48.30        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                      | SWP: OIS 12.650000 02-JAN-2029 BZD               | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |      907000 | OU      | $107.94       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 6.209000 18-MAR-2031 INR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    47203000 | OU      | $358.21       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 1.876800 18-MAR-2031 SOR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      168000 | OU      | $14.33        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: EUR 2.526180 18-MAR-2031 EUR               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      151000 | OU      | $10.59        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                         | FSWP: OIS 3.427500 18-MAR-2031 SHI               | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |      334000 | OU      | $47.55        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                      | SWP: OIS 12.660000 02-JAN-2029 BZD               | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |     1000000 | OU      | $53.33        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Australia Government Bonds                       | Australia Government Bonds                       | CUSIP: 000000000<br>LEI: 213800J6B7JSBDETCB42 | Long             | DBT              | NUSS              | AU        |      100000 | PA      | $67906.68     | 0.16%             | 2027-11-21      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-27

**Name of Applicant:** BlackRock ETF Trust II

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer