# EDGAR Filing Document

**Accession Number:** 0000930667
**File Stem:** 0001752724-23-071863
**Filing Date:** 2023-3
**Character Count:** 373326
**Document Hash:** 973a8e7b649210e6873457356f5278d0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-071863.hdr.sgml**: 20230329

**ACCESSION NUMBER**: 0001752724-23-071863

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230329

**DATE AS OF CHANGE**: 20230329

**PERIOD START**: 20231031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** iShares, Inc.
- **CENTRAL INDEX KEY:** 0000930667
- **IRS NUMBER:** 510396525
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09102
- **FILM NUMBER:** 23773984

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

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** iSHARES INC
- **DATE OF NAME CHANGE:** 20070126

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ISHARES INC
- **DATE OF NAME CHANGE:** 20000516

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WEBS INDEX FUND INC
- **DATE OF NAME CHANGE:** 19970211

## Series and Classes Contracts Data

### iShares J.P. Morgan EM High Yield Bond ETF (Series ID: S000036777)

| Class ID   | Class Name                                 | Ticker Symbol   |
|:---|:---|:---|
| C000112503 | iShares J.P. Morgan EM High Yield Bond ETF | EMHY            |

## Nport-Ex

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) | **iShares<sup>®</sup> J.P. Morgan EM High Yield Bond ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Corporate Bonds & Notes** |  |  |
| **Argentina — 0.8%** |  |  |
| MSU Energy SA/UGEN SA/UENSA SA, 6.88%, 02/01/25 (Call 03/02/23)<sup>(a)</sup> | $300 | $226931 |
| Pampa Energia SA, 7.50%, 01/24/27 (Call 01/24/24)<sup>(a)</sup> | 250 | 235344 |
| Transportadora de Gas del Sur SA, 6.75%, 05/02/25 (Call 03/02/23)<sup>(a)</sup> | 300 | 280650 |
| YPF SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.95%, 07/21/27<sup>(a)</sup> | 400 | 318075 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 12/15/47 (Call 06/15/47)<sup>(a)</sup> | 250 | 174688 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.50%, 07/28/25<sup>(a)</sup> | 500 | 455662 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.75%, 04/04/24<sup>(a)</sup> | 308 | 295064 |
| YPF Sociedad Anonima |  |  |
| &nbsp;&nbsp;&nbsp;7.00%, 09/30/33 (Call 03/30/33) | 300 | 227250 |
| &nbsp;&nbsp;&nbsp;9.00%, 02/12/26 (Call 11/12/25) | 500 | 491037 |
|  |  | 2704701 |
| **Azerbaijan — 0.4%** |  |  |
| International Bank of Azerbaijan OJSC, 3.50%, 09/01/24<sup>(a)</sup> | 550 | 528000 |
| Southern Gas Corridor CJSC, 6.88%, 03/24/26<sup>(a)</sup> | 1000 | 1027375 |
|  |  | 1555375 |
| **Bahrain — 0.3%** |  |  |
| AUB Sukuk Ltd., 2.62%, 09/09/26<sup>(a)</sup> | 400 | 365950 |
| BBK BSC, 5.50%, 07/09/24<sup>(a)</sup> | 200 | 197163 |
| GFH Sukuk Ltd., 7.50%, 01/28/25<sup>(a)</sup> | 200 | 199975 |
| Oil and Gas Holding Co. BSCC (The), 7.50%, 10/25/27<sup>(a)</sup> | 400 | 414825 |
|  |  | 1177913 |
| **Brazil — 8.4%** |  |  |
| Acu Petroleo Luxembourg Sarl, 7.50%, 01/13/32 (Call 01/13/27)<sup>(a)</sup> | 249 | 232521 |
| Adecoagro SA, 6.00%, 09/21/27 (Call 09/21/23) | 200 | 190975 |
| Aegea Finance Sarl, 6.75%, 05/20/29 (Call 05/20/25)<sup>(a)</sup> | 200 | 197840 |
| Amaggi Luxembourg International Sarl, 5.25%, 01/28/28 (Call 01/28/25) | 400 | 375200 |
| Atento Luxco 1 SA, 8.00%, 02/10/26 (Call 02/10/24) | 300 | 133500 |
| Azul Investments LLP, 7.25%, 06/15/26 (Call 06/15/24) | 400 | 241075 |
| B3 SA - Brasil Bolsa Balcao, 4.13%, 09/20/31<sup>(a)</sup> | 400 | 347000 |
| Banco Bradesco SA/Cayman Islands |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.20%, 01/27/25<sup>(a)</sup> | 400 | 383000 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 03/18/27<sup>(a)(b)</sup> | 200 | 192600 |
| Banco BTG Pactual SA/Cayman Islands |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.75%, 01/11/26 (Call 12/11/25)<sup>(a)</sup> | 200 | 181163 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 01/10/25 (Call 12/10/24)<sup>(a)</sup> | 600 | 577800 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, 02/15/29 (Call 02/15/24)<sup>(a)(c)</sup> | 200 | 200412 |
| Banco do Brasil SA/Cayman |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 09/30/26<sup>(a)</sup> | 400 | 368450 |
| &nbsp;&nbsp;&nbsp;4.75%, 03/20/24 | 400 | 394800 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 01/11/29<sup>(a)</sup> | 200 | 188975 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, (Call 04/15/24)<sup>(a)(c)(d)</sup> | 1000 | 905000 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.00%, (Call 06/18/24)<sup>(a)(c)(d)</sup> | 1000 | 1000000 |
| &nbsp;&nbsp;&nbsp;9.25%, 10/29/49 (Call 04/15/23) | 600 | 600300 |
| Banco Votorantim SA, 4.38%, 07/29/25<sup>(a)</sup> | 400 | 384325 |
| Braskem Netherlands Finance BV, 8.50%, 01/23/81 (Call 10/23/25)<sup>(a)(c)</sup> | 200 | 204225 |
| BRF SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 01/24/30 (Call 10/24/29)<sup>(a)</sup> | 400 | 337075 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 09/21/50 (Call 03/21/50)<sup>(a)</sup> | 400 | 278950 |
| Cemig Geracao e Transmissao SA, 9.25%, 12/05/24 (Call 12/05/23)<sup>(a)</sup> | 400 | 410000 |
| Centrais Eletricas Brasileiras SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.63%, 02/04/25<sup>(a)</sup> | 200 | 189850 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Brazil (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 02/04/30<sup>(a)</sup> | $400 | $350000 |
| Cosan Luxembourg SA, 7.00%, 01/20/27 (Call 03/02/23)<sup>(a)</sup> | 400 | 401950 |
| Cosan Overseas Ltd., 8.25%, (Call 05/05/23)<sup>(a)(d)</sup> | 200 | 198850 |
| Cosan SA, 5.50%, 09/20/29 (Call 09/20/24)<sup>(a)</sup> | 400 | 379075 |
| CSN Inova Ventures, 6.75%, 01/28/28 (Call 01/28/24)<sup>(a)</sup> | 600 | 599400 |
| CSN Resources SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 06/10/31 (Call 06/10/26)<sup>(a)</sup> | 600 | 505320 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 04/08/32 (Call 04/08/27)<sup>(a)</sup> | 200 | 181500 |
| Embraer Netherlands Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.05%, 06/15/25<sup>(b)</sup> | 605 | 595660 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.40%, 02/01/27<sup>(b)</sup> | 300 | 294375 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.95%, 01/17/28 (Call 10/17/27)<sup>(a)</sup> | 400 | 409200 |
| FS Luxembourg Sarl, 10.00%, 12/15/25 (Call 12/15/23). | 400 | 403575 |
| Globo Comunicacao e Participacoes SA, 4.88%, 01/22/30<sup>(a)</sup> | 200 | 169913 |
| Gol Finance SA, 8.00%, 06/30/26 (Call 03/02/23)<sup>(a)</sup> | 200 | 136850 |
| Guara Norte Sarl, 5.20%, 06/15/34 | 364 | 328943 |
| InterCement Financial Operations BV, 5.75%, 07/17/24 (Call 03/02/23)<sup>(a)</sup> | 400 | 315000 |
| Itau Unibanco Holding SA/Cayman Island |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 01/24/25<sup>(a)</sup> | 200 | 193115 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 04/15/31 (Call 04/15/26)<sup>(a)(c)</sup> | 400 | 364700 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 11/21/29 (Call 11/21/24)<sup>(a)(c)</sup> | 400 | 382000 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, (Call 02/27/25)<sup>(a)(c)(d)</sup> | 200 | 163350 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, (Call 03/19/23)<sup>(a)(c)(d)</sup> | 400 | 386325 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.72%, (Call 06/12/23)<sup>(a)(c)(d)</sup> | 600 | 583620 |
| Klabin Austria GmbH |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.20%, 01/12/31 (Call 10/12/30)<sup>(a)</sup> | 200 | 163000 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 04/03/29 (Call 01/03/29)<sup>(a)(b)</sup> | 400 | 399250 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 04/03/49 (Call 10/03/48)<sup>(a)</sup> | 400 | 402800 |
| Light Servicos de Eletricidade SA/Light Energia SA, 4.38%, 06/18/26 (Call 06/18/24)<sup>(a)</sup> | 400 | 227700 |
| MARB BondCo PLC, 3.95%, 01/29/31 (Call 01/29/26)<sup>(a)</sup> | 600 | 470853 |
| MC Brazil Downstream Trading SARL, 7.25%, 06/30/31<sup>(a)</sup> | 773 | 674210 |
| MercadoLibre Inc., 3.13%, 01/14/31 (Call 10/14/30)<sup>(b)</sup> | 400 | 316150 |
| Minerva Luxembourg SA, 4.38%, 03/18/31 (Call 03/18/26) | 600 | 505620 |
| Movida Europe SA, 5.25%, 02/08/31 (Call 02/08/26)<sup>(a)(b)</sup> | 400 | 290480 |
| Natura &Co. Luxembourg Holdings Sarl, 6.00%, 04/19/29 (Call 02/19/29)<sup>(a)</sup> | 400 | 350130 |
| Natura Cosmeticos SA, 4.13%, 05/03/28 (Call 03/03/28)<sup>(a)</sup> | 400 | 330080 |
| NBM U.S. Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, 08/06/29 (Call 08/06/24)<sup>(a)(b)</sup> | 200 | 194163 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 05/14/26 (Call 03/02/23)<sup>(a)</sup> | 400 | 398184 |
| Nexa Resources SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 05/04/27 (Call 02/04/27)<sup>(a)(b)</sup> | 400 | 386800 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 01/18/28 (Call 10/18/27)<sup>(a)</sup> | 200 | 197425 |
| Odebrecht Drilling Norbe VIII/IX Ltd., 7.35%, 12/01/26 (Call 03/02/23), (7.35% PIK)<sup>(a)(e)</sup> | 453 | 223341 |
| Odebrecht Offshore Drilling Finance Ltd., 7.72%, 12/01/26 (Call 03/02/23), (7.72% PIK)<sup>(a)(e)</sup> | 950 | 200773 |
| Oi SA, 10.00%, 07/27/25, (12.00% PIK)<sup>(e)</sup>. | 784 | 78792 |
| Petrobras Global Finance BV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.09%, 01/15/30<sup>(b)</sup> | 250 | 235525 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.30%, 01/27/25<sup>(b)</sup> | 350 | 348600 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 06/10/51 (Call 12/10/50)<sup>(b)</sup> | 350 | 272344 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.60%, 01/03/31 (Call 10/03/30)<sup>(b)</sup> | 575 | 554760 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 01/27/28<sup>(b)</sup> | 626 | 625624 |
| &nbsp;&nbsp;&nbsp;6.25%, 03/17/24 | 200 | 200537 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 01/27/41<sup>(b)</sup> | 300 | 283556 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.85%, 06/05/2115<sup>(b)</sup> | 850 | 733125 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 01/20/40<sup>(b)</sup> | 350 | 335847 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> J.P. Morgan EM High Yield Bond ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Brazil (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.90%, 03/19/49<sup>(b)</sup> | $400 | $362450 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.25%, 03/17/44<sup>(b)</sup> | 516 | 503371 |
| &nbsp;&nbsp;&nbsp;7.38%, 01/17/27 | 400 | 416800 |
| Petrorio Luxembourg Trading Sarl, 6.13%, 06/09/26 (Call 06/09/24)<sup>(a)</sup> | 200 | 192413 |
| Rede D'or Finance Sarl |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 01/22/30 (Call 10/22/29)<sup>(a)</sup> | 300 | 262969 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.95%, 01/17/28 (Call 10/17/27)<sup>(a)</sup> | 400 | 369330 |
| Rumo Luxembourg Sarl |  |  |
| &nbsp;&nbsp;&nbsp;4.20%, 01/18/32 (Call 01/18/27) | 200 | 165163 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 01/10/28 (Call 01/10/24)<sup>(a)</sup> | 200 | 192040 |
| Simpar Europe SA, 5.20%, 01/26/31 (Call 01/26/26)<sup>(a)</sup> | 400 | 290720 |
| StoneCo Ltd., 3.95%, 06/16/28 (Call 05/16/28)<sup>(a)</sup> | 300 | 226050 |
| Unigel Luxembourg SA, 8.75%, 10/01/26 (Call 03/02/23)<sup>(a)</sup> | 200 | 201600 |
| Usiminas International Sarl, 5.88%, 07/18/26 (Call 07/18/23)<sup>(a)</sup> | 400 | 392075 |
| XP Inc., 3.25%, 07/01/26 (Call 06/01/26)<sup>(a)</sup> | 400 | 358325 |
|  |  | 29190732 |
| **Burkina Faso — 0.1%** |  |  |
| Endeavour Mining PLC, 5.00%, 10/14/26 (Call 10/14/23)<sup>(a)</sup> | 200 | 176725 |
| **Cayman Islands — 0.0%** |  |  |
| Odebrecht Holdco Finance Ltd., 0.00%, 09/10/58 (Call 03/02/23)<sup>(a)(f)</sup> | 900 | 1688 |
| **Chile — 0.3%** |  |  |
| AES Andes SA., 7.13%, 03/26/79 (Call 07/06/24)<sup>(a)(c)</sup> | 200 | 193475 |
| Agrosuper SA, 4.60%, 01/20/32 (Call 10/20/31)<sup>(a)</sup> | 200 | 178288 |
| Guacolda Energia SA, 4.56%, 04/30/25 (Call 01/30/25)<sup>(a)</sup> | 200 | 68350 |
| Latam Airlines Group SA, 13.38%, 10/15/29 | 400 | 429500 |
|  |  | 869613 |
| **China — 4.5%** |  |  |
| Agile Group Holdings Ltd., 7.88%, (Call 07/31/24)<sup>(a)(c)(d)</sup> | 600 | 186000 |
| Bank of Communications Co. Ltd., 3.80%, (Call 11/18/25)<sup>(a)(c)(d)</sup> | 1500 | 1455000 |
| Central Plaza Development Ltd., 5.75%, (Call 11/14/24)<sup>(a)(c)(d)</sup> | 400 | 338575 |
| China Hongqiao Group Ltd., 6.25%, 06/08/24<sup>(a)</sup> | 200 | 195600 |
| China SCE Group Holdings Ltd., 7.00%, 05/02/25 (Call 05/02/23)<sup>(a)</sup> | 400 | 214000 |
| China Shenhua Overseas Capital Co. Ltd., 3.88%, 01/20/25<sup>(a)</sup> | 200 | 194040 |
| Country Garden Holdings Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.70%, 07/12/26 (Call 06/12/26)<sup>(a)</sup> | 400 | 259000 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.13%, 10/22/25 (Call 09/22/25)<sup>(a)</sup> | 400 | 275000 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.30%, 01/12/31 (Call 10/12/30)<sup>(a)</sup> | 400 | 230000 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 10/22/30 (Call 07/22/30)<sup>(a)</sup> | 400 | 234000 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 01/17/25 (Call 03/02/23)<sup>(a)</sup> | 400 | 312000 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 01/14/27 (Call 01/14/24)<sup>(a)</sup> | 200 | 135500 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.40%, 05/27/25 (Call 05/27/23)<sup>(a)</sup> | 200 | 151500 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.15%, 09/17/25 (Call 09/17/23)<sup>(a)</sup> | 400 | 303000 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 04/08/24 (Call 03/02/23)<sup>(a)</sup> | 400 | 332325 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.25%, 04/08/26 (Call 04/08/23)<sup>(a)</sup> | 1000 | 748750 |
| Ease Trade Global Ltd., 4.00%, 11/10/25<sup>(a)</sup> | 400 | 376075 |
| Easy Tactic Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 07/11/25 (Call 03/02/23), (7.50% PIK)<sup>(e)</sup> | 622 | 213984 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 07/11/27 (Call 03/02/23), (7.50% PIK)<sup>(e)</sup> | 1215 | 386263 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 07/11/28 (Call 03/02/23), (7.50% PIK)<sup>(e)</sup> | 726 | 217875 |
| Emirates NBD Bank PJSC, 6.13%, (Call 04/09/26)<sup>(a)(c)(d)</sup> | 400 | 400825 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **China (continued)** |  |  |
| ENN Clean Energy International Investment Ltd., 3.38%, 05/12/26 (Call 05/12/24)<sup>(a)</sup> | $400 | $360500 |
| Fortune Star BVI Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 05/18/26 (Call 05/18/24)<sup>(a)</sup> | 200 | 163700 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.05%, 01/27/27 (Call 01/27/25)<sup>(a)</sup> | 200 | 155625 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.95%, 10/19/25 (Call 10/19/23)<sup>(a)</sup> | 400 | 351325 |
| Franshion Brilliant Ltd., 6.00%, (Call 02/08/26)<sup>(a)(c)(d)</sup> | 200 | 183813 |
| Industrial & Commercial Bank of China Ltd., 3.20%, (Call 09/24/26)<sup>(a)(c)(d)</sup> | 3100 | 2940117 |
| KWG Group Holdings Ltd., 5.88%, 11/10/24 (Call 02/15/23)<sup>(a)</sup>. | 400 | 164000 |
| Lenovo Group Ltd., 5.88%, 04/24/25<sup>(a)</sup> | 600 | 600768 |
| Leviathan Bond Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 06/30/25 (Call 03/30/25)<sup>(a)(g)</sup> | 275 | 271700 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 06/30/30 (Call 12/30/29)<sup>(a)(g)</sup> | 250 | 242391 |
| Overseas Chinese Town Asia Holdings Ltd., 4.50%, (Call 07/15/23)<sup>(a)(c)(d)</sup> | 200 | 194250 |
| Powerlong Real Estate Holdings Ltd., 6.25%, 08/10/24 (Call 08/10/23)<sup>(a)</sup> | 400 | 121700 |
| RKPF Overseas 2020 A Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 07/26/26 (Call 07/26/24)<sup>(a)</sup> | 200 | 160500 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.20%, 01/12/26 (Call 01/12/24)<sup>(a)</sup> | 400 | 321500 |
| Shui On Development Holding Ltd., 6.15%, 08/24/24 (Call 03/02/23)<sup>(a)</sup> | 200 | 184662 |
| Sino-Ocean Land Treasure Finance I Ltd., 6.00%, 07/30/24<sup>(a)</sup> | 200 | 172913 |
| Sino-Ocean Land Treasure Finance II Ltd., 5.95%, 02/04/27<sup>(a)</sup> | 200 | 155675 |
| Sino-Ocean Land Treasure III Ltd., 6.88%, (Call 09/21/27)<sup>(a)(c)(d)</sup> | 400 | 226075 |
| Sino-Ocean Land Treasure IV Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.70%, 01/13/25 (Call 12/13/24)<sup>(a)</sup> | 200 | 163375 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 08/05/29 (Call 05/05/29)<sup>(a)</sup> | 400 | 286000 |
| Turkiye Vakiflar Bankasi TAO, 5.25%, 02/05/25<sup>(a)</sup> | 600 | 564112 |
| West China Cement Ltd., 4.95%, 07/08/26 (Call 07/08/24)<sup>(a)</sup> | 400 | 351000 |
| Yanlord Land HK Co. Ltd., 5.13%, 05/20/26 (Call 05/20/24)<sup>(a)</sup> | 200 | 182000 |
|  |  | 15677013 |
| **Colombia — 3.0%** |  |  |
| AI Candelaria Spain SLU, 5.75%, 06/15/33 (Call 06/15/28)<sup>(a)</sup> | 400 | 311000 |
| Avianca Midco 2 Ltd., 9.00%, 12/01/28 (Call 12/01/24)<sup>(a)</sup> | 850 | 637500 |
| Banco Davivienda SA, 6.65%, (Call 04/22/31)<sup>(a)(c)(d)</sup> | 200 | 157250 |
| Banco de Bogota SA, 6.25%, 05/12/26<sup>(a)</sup> | 600 | 592987 |
| Bancolombia SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 01/29/25 (Call 12/29/24)<sup>(b)</sup> | 600 | 567112 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 12/18/29 (Call 12/18/24)<sup>(b)(c)</sup> | 200 | 181460 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.14%, 10/18/27<sup>(c)</sup> | 400 | 397000 |
| Canacol Energy Ltd., 5.75%, 11/24/28 (Call 11/24/24)<sup>(a)</sup> | 200 | 177038 |
| Colombia Telecomunicaciones SA ESP, 4.95%, 07/17/30 (Call 04/17/30)<sup>(a)(b)</sup> | 200 | 172913 |
| Ecopetrol SA |  |  |
| &nbsp;&nbsp;&nbsp;4.13%, 01/16/25 | 560 | 541100 |
| &nbsp;&nbsp;&nbsp;4.63%, 11/02/31 (Call 08/02/31) | 600 | 472530 |
| &nbsp;&nbsp;&nbsp;5.38%, 06/26/26 (Call 03/26/26) | 750 | 722381 |
| &nbsp;&nbsp;&nbsp;5.88%, 05/28/45 | 1040 | 744770 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 11/02/51 (Call 05/02/51)<sup>(b)</sup> | 405 | 279956 |
| &nbsp;&nbsp;&nbsp;6.88%, 04/29/30 (Call 01/29/30) | 950 | 885618 |
| &nbsp;&nbsp;&nbsp;7.38%, 09/18/43 | 400 | 347500 |
| &nbsp;&nbsp;&nbsp;8.88%, 01/13/33 (Call 10/13/32) | 1000 | 1023800 |
| EnfraGen Energia Sur SA, 5.38%, 12/30/30 (Call 12/30/25) | 400 | 288312 |
| Geopark Ltd., 5.50%, 01/17/27 (Call 01/17/24)<sup>(a)</sup> | 200 | 177413 |
| Gol Finance SA, 7.00%, 01/31/25 (Call 01/31/23)<sup>(a)</sup> | 300 | 154556 |
| Grupo Aval Ltd., 4.38%, 02/04/30 (Call 11/04/29)<sup>(a)</sup> | 400 | 329480 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> J.P. Morgan EM High Yield Bond ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Colombia (continued)** |  |  |
| Grupo de Inversiones Suramericana SA, 5.50%, 04/29/26 (Call 01/29/26) | $200 | $194225 |
| Millicom International Cellular SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 04/27/31 (Call 04/27/26)<sup>(a)(b)</sup> | 400 | 338600 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 03/25/29 (Call 03/25/24)<sup>(a)</sup> | 360 | 331200 |
| Oleoducto Central SA, 4.00%, 07/14/27 (Call 04/14/27)<sup>(a)</sup> | 200 | 176913 |
| Sierracol Energy Andina Co., 6.00%, 06/15/28 (Call 06/15/24)<sup>(a)</sup> | 200 | 164975 |
|  |  | 10367589 |
| **Egypt — 0.3%** |  |  |
| Banco do Brasil SA/Cayman, 4.63%, 01/15/25 | 600 | 586500 |
| YPF SA, 9.00%, 06/30/29 (Call 12/30/28) | 400 | 345075 |
|  |  | 931575 |
| **Ghana — 0.4%** |  |  |
| Kosmos Energy Ltd., 7.13%, 04/04/26 (Call 03/02/23)<sup>(a)</sup> | 400 | 359946 |
| Tullow Oil PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 03/01/25 (Call 03/02/23)<sup>(a)</sup> | 400 | 284000 |
| &nbsp;&nbsp;&nbsp;&nbsp;10.25%, 05/15/26 (Call 05/15/23)<sup>(a)</sup> | 906 | 776895 |
|  |  | 1420841 |
| **Guatemala — 0.4%** |  |  |
| Central American Bottling Corp./CBC Bottling Holdco SL/Beliv |  |  |
| Holdco SL, 5.25%, 04/27/29 (Call 04/27/26)<sup>(a)</sup> | 600 | 572424 |
| CT Trust, 5.13%, 02/03/32 (Call 02/03/27)<sup>(a)</sup> | 400 | 349000 |
| Investment Energy Resources Ltd., 6.25%, 04/26/29 (Call 04/26/25)<sup>(a)</sup> | 400 | 381075 |
|  |  | 1302499 |
| **Hong Kong — 3.5%** |  |  |
| Adani Green Energy Ltd., 4.38%, 09/08/24<sup>(a)</sup> | 400 | 304000 |
| Bank of Communications Hong Kong Ltd., 3.73%, (Call 03/03/25)<sup>(a)(c)(d)</sup> | 250 | 241562 |
| Bank of East Asia Ltd. (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.83%, (Call 10/21/25)<sup>(a)(c)(d)</sup> | 250 | 237500 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, (Call 09/19/24)<sup>(a)(c)(d)</sup> | 250 | 242703 |
| CAS Capital No. 1 Ltd., 4.00%, (Call 07/12/26)<sup>(a)(c)(d)</sup> | 400 | 353200 |
| Cathay Pacific MTN Financing HK Ltd., 4.88%, 08/17/26<sup>(a)</sup> | 400 | 389500 |
| Celestial Miles Ltd., 5.75%, (Call 01/31/24)<sup>(a)(c)(d)</sup> | 600 | 588487 |
| China Citic Bank, 3.25%, (Call 07/29/26)<sup>(a)(c)(d)</sup> | 250 | 232859 |
| China CITIC Bank International Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.80%, (Call 04/22/27)<sup>(a)(c)(d)</sup> | 250 | 243750 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.10%, (Call 11/06/23)<sup>(a)(c)(d)</sup> | 400 | 404000 |
| FWD Group Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 07/09/24<sup>(a)</sup> | 400 | 393000 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, (Call 09/13/24)<sup>(a)(c)(d)</sup> | 400 | 371450 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.05%, (Call 06/15/23)<sup>(a)(c)(d)</sup> | 400 | 381825 |
| Henderson Land MTN Ltd., 2.38%, 05/27/25<sup>(a)</sup> | 200 | 186413 |
| Lai Sun MTN Ltd., 5.00%, 07/28/26<sup>(a)</sup> | 200 | 170475 |
| Li & Fung Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 08/18/25 (Call 07/18/25)<sup>(a)</sup> | 200 | 186913 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, (Call 05/03/23)<sup>(a)(d)</sup> | 400 | 246500 |
| Melco Resorts Finance Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 06/06/25 (Call 03/02/23)<sup>(a)</sup> | 400 | 376000 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 04/26/26 (Call 03/02/23)<sup>(a)</sup> | 300 | 279000 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 12/04/29 (Call 12/04/24)<sup>(a)</sup> | 600 | 514500 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 07/17/27 (Call 03/02/23)<sup>(a)</sup> | 400 | 362825 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 07/21/28 (Call 07/21/23)<sup>(a)</sup> | 400 | 358000 |
| Nanyang Commercial Bank Ltd., 6.50%, (Call 04/28/27)<sup>(a)(c)(d)</sup> | 250 | 245000 |
| New World China Land Ltd., 4.75%, 01/23/27<sup>(a)</sup> | 400 | 373000 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Hong Kong (continued)** |  |  |
| NWD Finance BVI Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, (Call 03/10/28)<sup>(a)(c)(d)</sup> | $600 | $479550 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.80%, (Call 09/09/23)<sup>(a)(d)</sup> | 400 | 288000 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, (Call 03/22/26)<sup>(a)(c)(d)</sup> | 600 | 561000 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, (Call 03/07/24)<sup>(a)(d)</sup> | 600 | 508500 |
| NWD MTN Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 07/18/29<sup>(a)</sup> | 600 | 514866 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 05/19/30<sup>(a)</sup> | 200 | 173538 |
| PCPD Capital Ltd., 5.13%, 06/18/26 (Call 06/18/24)<sup>(a)</sup> | 400 | 340325 |
| Sands China Ltd., 5.63%, 08/08/25 (Call 06/08/25) | 1000 | 986250 |
| Seaspan Corp., 5.50%, 08/01/29 (Call 08/01/24)<sup>(a)</sup> | 400 | 300620 |
| Wheelock MTN BVI Ltd., 2.38%, 01/25/26<sup>(a)</sup> | 200 | 184225 |
|  |  | 12019336 |
| **India — 2.3%** |  |  |
| ABJA Investment Co. Pte Ltd., 5.95%, 07/31/24<sup>(a)</sup> | 425 | 421812 |
| Adani Green Energy UP Ltd./Prayatna Developers Pvt |  |  |
| Ltd./Parampujya Solar Energy, 6.25%, 12/10/24<sup>(a)</sup> | 200 | 184000 |
| Axis Bank Ltd., 4.10%, (Call 09/08/26)<sup>(a)(c)(d)</sup> | 200 | 176500 |
| CA Magnum Holdings, 5.38%, 10/31/26 (Call 10/31/23)<sup>(a)</sup> | 400 | 368000 |
| Continuum Energy Levanter Pte Ltd., 4.50%, 02/09/27 (Call 02/09/24)<sup>(a)</sup> | 194 | 173183 |
| Delhi International Airport Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 10/31/26<sup>(a)</sup> | 400 | 386700 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.45%, 06/04/29<sup>(a)</sup> | 200 | 187725 |
| Greenko Dutch BV, 3.85%, 03/29/26 (Call 03/29/23)<sup>(a)</sup> | 573 | 509254 |
| Greenko Power II Ltd., 4.30%, 12/13/28 (Call 12/14/24)<sup>(a)</sup> | 573 | 494212 |
| Greenko Solar Mauritius Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;5.55%, 01/29/25 | 200 | 190000 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.95%, 07/29/26 (Call 07/29/23)<sup>(a)</sup> | 200 | 186000 |
| Greenko Wind Projects Mauritius Ltd., 5.50%, 04/06/25 (Call 04/06/24)<sup>(a)</sup> | 400 | 376575 |
| HDFC Bank Ltd., 3.70%, (Call 08/25/26)<sup>(a)(c)(d)</sup> | 600 | 523500 |
| JSW Hydro Energy Ltd., 4.13%, 05/18/31 (Call 05/18/26)<sup>(a)</sup> | 354 | 300900 |
| JSW Steel Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.95%, 04/05/27 (Call 10/05/26)<sup>(a)</sup> | 400 | 352000 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.05%, 04/05/32 (Call 10/05/31)<sup>(a)</sup> | 200 | 167913 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.95%, 04/18/24<sup>(a)</sup> | 200 | 197000 |
| Network i2i Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;3.98%, (Call 06/03/26) | 200 | 180413 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.65%, (Call 01/15/25)<sup>(a)(c)(d)</sup> | 600 | 577237 |
| Periama Holdings LLC/DE, 5.95%, 04/19/26<sup>(a)</sup> | 400 | 383950 |
| ReNew Wind Energy AP2/ReNew Power Pvt Ltd. other 9 Subsidiaries, 4.50%, 07/14/28 (Call 10/14/23)<sup>(a)</sup> | 200 | 170500 |
| Shriram Transport Finance Co. Ltd., 4.40%, 03/13/24 | 400 | 384000 |
| Vedanta Resources Finance II PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;8.95%, 03/11/25 (Call 09/11/24)<sup>(a)</sup> | 600 | 469500 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.25%, 04/23/26 (Call 04/23/23)<sup>(a)(b)</sup> | 400 | 303000 |
| Vedanta Resources Ltd., 6.13%, 08/09/24 (Call 08/09/23)<sup>(a)</sup> | 400 | 302500 |
|  |  | 7966374 |
| **Indonesia — 0.5%** |  |  |
| Adaro Indonesia PT, 4.25%, 10/31/24 (Call 03/02/23)<sup>(a)</sup> | 250 | 239734 |
| Bank Negara Indonesia Persero Tbk PT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 03/30/26<sup>(a)</sup> | 600 | 562566 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.30%, (Call 03/24/27)<sup>(a)(c)(d)</sup> | 200 | 171522 |
| Indika Energy Capital IV Pte Ltd., 8.25%, 10/22/25 (Call 10/22/23)<sup>(a)</sup> | 350 | 348250 |
| Medco Bell Pte Ltd., 6.38%, 01/30/27 (Call 01/30/24)<sup>(a)</sup> | 400 | 380000 |
| Medco Oak Tree Pte Ltd., 7.38%, 05/14/26 (Call 05/14/23)<sup>(a)</sup> | 200 | 198700 |
|  |  | 1900772 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> J.P. Morgan EM High Yield Bond ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Israel — 1.6%** |  |  |
| Energean Israel Finance Ltd., 5.88%, 03/30/31 (Call 09/30/30)<sup>(a)(g)</sup> | $300 | $269025 |
| Teva Pharmaceutical Finance Co. LLC, 6.15%, 02/01/36 | 550 | 509712 |
| Teva Pharmaceutical Finance Netherlands III BV |  |  |
| &nbsp;&nbsp;&nbsp;3.15%, 10/01/26 | 1800 | 1614924 |
| &nbsp;&nbsp;&nbsp;4.10%, 10/01/46 | 900 | 617512 |
| &nbsp;&nbsp;&nbsp;4.75%, 05/09/27 (Call 02/09/27) | 500 | 461563 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 05/09/29 (Call 02/09/29)<sup>(b)</sup> | 400 | 369920 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 04/15/24 (Call 01/15/24)<sup>(b)</sup> | 600 | 594375 |
| &nbsp;&nbsp;&nbsp;6.75%, 03/01/28 (Call 12/01/27) | 600 | 602022 |
| &nbsp;&nbsp;&nbsp;7.13%, 01/31/25 (Call 10/31/24) | 400 | 403670 |
|  |  | 5442723 |
| **Jamaica — 0.2%** |  |  |
| Digicel International Finance Ltd./Digicel international Holdings Ltd., 8.75%, 05/25/24 (Call 02/15/23)<sup>(a)</sup> | 700 | 601444 |
| **Kazakhstan — 0.4%** |  |  |
| Energean Israel Finance Ltd., 5.38%, 03/30/28 (Call 09/30/27)<sup>(a)(g)</sup> | 325 | 298025 |
| Tengizchevroil Finance Co. International Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.63%, 08/15/25 (Call 05/15/25)<sup>(a)</sup> | 400 | 358000 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 08/15/30 (Call 02/15/30)<sup>(a)</sup> | 400 | 301500 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 08/15/26<sup>(a)</sup> | 400 | 354075 |
|  |  | 1311600 |
| **Kuwait — 0.3%** |  |  |
| Burgan Bank SAK, 5.75%, (Call 07/09/24)<sup>(a)(c)(d)</sup> | 200 | 184413 |
| Kuwait Projects Co. SPC Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.23%, 10/29/26<sup>(a)</sup> | 400 | 350325 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 02/23/27<sup>(a)</sup> | 200 | 169975 |
| Leviathan Bond Ltd., 6.50%, 06/30/27 (Call 12/30/26)<sup>(a)(g)</sup> | 350 | 344312 |
|  |  | 1049025 |
| **Luxembourg — 0.4%** |  |  |
| Altice Financing SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 01/15/28 (Call 03/02/23)<sup>(a)</sup> | 700 | 595203 |
| &nbsp;&nbsp;&nbsp;5.75%, 08/15/29 (Call 08/15/24) | 1000 | 837600 |
|  |  | 1432803 |
| **Macau — 2.1%** |  |  |
| Champion Path Holdings Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 01/27/26 (Call 01/27/24)<sup>(a)</sup> | 200 | 180500 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.85%, 01/27/28 (Call 01/27/25)<sup>(a)</sup> | 200 | 173350 |
| MGM China Holdings Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 02/01/27 (Call 02/01/24)<sup>(a)</sup> | 200 | 180250 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 06/18/25 (Call 06/18/23)<sup>(a)</sup> | 200 | 189787 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 05/15/24 (Call 05/15/23)<sup>(a)</sup> | 600 | 582000 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 05/15/26 (Call 02/10/23)<sup>(a)</sup> | 400 | 378075 |
| Sands China Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;2.80%, 03/08/27 (Call 02/08/27) | 300 | 262125 |
| &nbsp;&nbsp;&nbsp;3.35%, 03/08/29 (Call 01/08/29) | 400 | 339500 |
| &nbsp;&nbsp;&nbsp;3.75%, 08/08/31 (Call 05/08/31) | 400 | 330000 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.30%, 01/08/26 (Call 12/08/25)<sup>(b)</sup> | 400 | 377240 |
| &nbsp;&nbsp;&nbsp;4.88%, 06/18/30 (Call 03/18/30) | 400 | 362000 |
| &nbsp;&nbsp;&nbsp;5.90%, 08/08/28 (Call 05/08/28) | 800 | 780000 |
| Studio City Finance Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 01/15/29 (Call 01/15/24)<sup>(a)</sup> | 800 | 643496 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 01/15/28 (Call 07/07/23)<sup>(a)</sup> | 200 | 177500 |
| Wynn Macau Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 10/01/24 (Call 03/02/23)<sup>(a)</sup> | 200 | 192000 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 12/15/29 (Call 12/15/24)<sup>(a)</sup> | 400 | 331500 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 01/15/26 (Call 03/02/23)<sup>(a)</sup> | 600 | 561000 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Macau (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 10/01/27 (Call 10/01/23)<sup>(a)</sup> | $400 | $358000 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 08/26/28 (Call 08/26/23)<sup>(a)</sup> | 800 | 708000 |
|  |  | 7106323 |
| **Mexico — 8.1%** |  |  |
| Alsea SAB de CV, 7.75%, 12/14/26 (Call 12/14/23)<sup>(a)(b)</sup> | 200 | 201725 |
| Banco Mercantil del Norte SA/Grand Cayman |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, (Call 01/24/27)<sup>(a)(c)(d)</sup> | 400 | 368825 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.63%, (Call 01/24/32)<sup>(a)(c)(d)</sup> | 200 | 176288 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, (Call 09/27/24)<sup>(a)(b)(c)(d)</sup> | 300 | 293212 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, (Call 06/27/29)<sup>(a)(c)(d)</sup> | 200 | 191475 |
| &nbsp;&nbsp;&nbsp;7.63%, (Call 01/06/28) | 400 | 392800 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.38%, (Call 10/14/30)<sup>(a)(c)(d)</sup> | 200 | 204850 |
| BBVA Bancomer SA/Texas |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 01/18/33 (Call 01/17/28)<sup>(a)(c)</sup> | 600 | 567300 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 09/13/34 (Call 09/13/29)<sup>(a)(c)</sup> | 350 | 335956 |
| Braskem Idesa SAPI |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.99%, 02/20/32 (Call 02/20/27)<sup>(a)</sup> | 700 | 514920 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.45%, 11/15/29 (Call 11/15/24)<sup>(a)</sup> | 400 | 328350 |
| Cemex SAB de CV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 07/11/31 (Call 07/11/26)<sup>(a)</sup> | 700 | 588875 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.20%, 09/17/30 (Call 09/17/25)<sup>(a)</sup> | 400 | 373575 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.45%, 11/19/29 (Call 11/19/24)<sup>(a)</sup> | 400 | 384430 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.38%, 06/05/27 (Call 06/05/23)<sup>(a)</sup> | 400 | 410700 |
| Cemex SAB De CV, 5.13%, (Call 06/08/26)<sup>(a)(c)(d)</sup> | 500 | 458750 |
| Grupo Aeromexico SAB de CV, 8.50%, 03/17/27 (Call 03/17/24)<sup>(a)</sup> | 300 | 269437 |
| Grupo Bimbo SAB de CV, 5.95%, (Call 04/17/23)<sup>(a)(c)(d)</sup> | 200 | 198965 |
| Mexico Remittances Funding Fiduciary Estate Management Sarl, 4.88%, 01/15/28 | 200 | 183850 |
| Nemak SAB de CV, 3.63%, 06/28/31 (Call 03/28/31)<sup>(a)</sup> | 200 | 160650 |
| Petroleos Mexicanos |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 01/23/26<sup>(b)</sup> | 600 | 558150 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.35%, 02/12/28<sup>(b)</sup> | 953 | 829110 |
| &nbsp;&nbsp;&nbsp;5.95%, 01/28/31 (Call 10/28/30) | 1950 | 1556880 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.35%, 02/12/48<sup>(b)</sup> | 800 | 521920 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 01/23/45<sup>(b)</sup> | 600 | 404100 |
| &nbsp;&nbsp;&nbsp;6.49%, 01/23/27 (Call 11/23/26) | 748 | 699717 |
| &nbsp;&nbsp;&nbsp;6.50%, 03/13/27 | 2050 | 1931664 |
| &nbsp;&nbsp;&nbsp;6.50%, 01/23/29 | 625 | 564406 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 06/02/41<sup>(b)</sup> | 800 | 570480 |
| &nbsp;&nbsp;&nbsp;6.63%, 06/15/35 | 1300 | 1014780 |
| &nbsp;&nbsp;&nbsp;6.70%, 02/16/32 (Call 11/16/31) | 3450 | 2854875 |
| &nbsp;&nbsp;&nbsp;6.75%, 09/21/47 | 2800 | 1935500 |
| &nbsp;&nbsp;&nbsp;6.84%, 01/23/30 (Call 10/23/29) | 1200 | 1040520 |
| &nbsp;&nbsp;&nbsp;6.88%, 08/04/26 | 1300 | 1265024 |
| &nbsp;&nbsp;&nbsp;6.95%, 01/28/60 (Call 07/28/59) | 1900 | 1300265 |
| &nbsp;&nbsp;&nbsp;7.69%, 01/23/50 (Call 07/23/49) | 4000 | 2987000 |
| &nbsp;&nbsp;&nbsp;8.75%, 06/02/29 (Call 04/02/29) | 1000 | 973750 |
| Total Play Telecomunicaciones SA de CV |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 09/20/28 (Call 09/30/25)<sup>(a)</sup> | 200 | 168153 |
| &nbsp;&nbsp;&nbsp;7.50%, 11/12/25 (Call 11/12/23) | 400 | 373080 |
|  |  | 28154307 |
| **Moldova — 0.0%** |  |  |
| Aragvi Finance International SR, 8.45%, 04/29/26 (Call 04/29/24)<sup>(a)</sup> | 200 | 144038 |
| **Morocco — 0.4%** |  |  |
| &nbsp;&nbsp;&nbsp;OCP SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 06/23/31 (Call 03/23/31)<sup>(a)</sup> | 200 | 168500 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 10/22/25<sup>(a)</sup> | 400 | 387700 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> J.P. Morgan EM High Yield Bond ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Morocco (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 06/23/51 (Call 12/23/50)<sup>(a)</sup> | $400 | $310000 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 04/25/24<sup>(a)</sup> | 300 | 297900 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 04/25/44<sup>(a)</sup> | 400 | 385000 |
|  |  | 1549100 |
| **Nigeria — 0.4%** |  |  |
| Access Bank PLC, 9.13%, (Call 10/07/26)<sup>(a)(c)(d)</sup> | 400 | 329950 |
| IHS Holding Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 11/29/26 (Call 11/29/23)<sup>(a)</sup> | 200 | 167670 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 11/29/28 (Call 11/29/24)<sup>(a)</sup> | 200 | 163713 |
| IHS Netherlands Holdco BV, 8.00%, 09/18/27 (Call 03/02/23)<sup>(a)</sup> | 600 | 538988 |
| SEPLAT Energy PLC, 7.75%, 04/01/26 (Call 04/01/23)<sup>(a)</sup> | 400 | 347200 |
|  |  | 1547521 |
| **Oman — 0.2%** |  |  |
| Bank Muscat SAOG, 4.75%, 03/17/26<sup>(a)</sup> | 400 | 386825 |
| Oztel Holdings SPC Ltd., 6.63%, 04/24/28 | 250 | 259109 |
|  |  | 645934 |
| **Panama — 0.2%** |  |  |
| C&W Senior Financing DAC, 6.88%, 09/15/27 (Call 02/10/23)<sup>(a)(b)</sup> | 600 | 570768 |
| Cable Onda SA, 4.50%, 01/30/30 (Call 01/30/25)<sup>(a)</sup> | 200 | 176125 |
|  |  | 746893 |
| **Paraguay — 0.2%** |  |  |
| Bioceanico Sovereign Certificate Ltd., 0.00%, 06/05/34<sup>(a)(b)(f)</sup> | 457 | 326785 |
| Telefonica Celular del Paraguay SA, 5.88%, 04/15/27 (Call 04/15/23)<sup>(a)</sup> | 400 | 372575 |
|  |  | 699360 |
| **Peru — 0.7%** |  |  |
| Cia. De Minas Buenaventur Co., 5.50%, 07/23/26 (Call 07/23/23)<sup>(a)</sup> | 400 | 350000 |
| Hunt Oil Co. of Peru LLC Sucursal Del Peru, 6.38%, 06/01/28<sup>(a)(b)</sup> | 175 | 167677 |
| InRetail Consumer, 3.25%, 03/22/28 (Call 01/22/28)<sup>(a)</sup> | 400 | 344250 |
| Minsur SA, 4.50%, 10/28/31<sup>(a)</sup> | 200 | 177750 |
| Peru LNG Srl, 5.38%, 03/22/30<sup>(a)(b)</sup> | 400 | 328500 |
| Petroleos del Peru SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 06/19/32<sup>(a)</sup> | 400 | 305000 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 06/19/47<sup>(a)</sup> | 1100 | 736450 |
|  |  | 2409627 |
| **Philippines — 0.7%** |  |  |
| Globe Telecom Inc., 4.20%, (Call 08/02/26)<sup>(a)(c)(d)</sup> | 400 | 367450 |
| JGSH Philippines Ltd., 4.13%, 07/09/30<sup>(a)</sup> | 400 | 364825 |
| Manila Water Co. Inc., 4.38%, 07/30/30 (Call 07/30/25)<sup>(a)</sup> | 200 | 175500 |
| Petron Corp., 5.95%, (Call 04/19/26)<sup>(a)(c)(d)</sup> | 200 | 173350 |
| San Miguel Crop., 5.50%, (Call 07/29/25)<sup>(a)(c)(d)</sup> | 200 | 184250 |
| SMC Global Power Holdings Corp. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.45%, (Call 12/09/26)<sup>(a)(c)(d)</sup> | 400 | 307075 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.70%, (Call 01/21/26)<sup>(a)(c)(d)</sup> | 200 | 164163 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, (Call 04/25/24)<sup>(a)(c)(d)</sup> | 400 | 368200 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, (Call 10/21/25)<sup>(a)(c)(d)</sup> | 400 | 362325 |
|  |  | 2467138 |
| **Poland — 0.1%** |  |  |
| Canpack SA/Canpack U.S. LLC, 3.88%, 11/15/29 (Call 11/15/24)<sup>(a)</sup> | 400 | 331156 |
| **Qatar — 0.1%** |  |  |
| Commercial Bank PSQC (The), 4.50%, (Call 03/03/26)<sup>(a)(c)(d)</sup> | 400 | 369200 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Saudi Arabia — 0.4%** |  |  |
| Arabian Centres Sukuk II Ltd., 5.63%, 10/07/26<sup>(a)</sup> | $400 | $379200 |
| Arabian Centres Sukuk Ltd., 5.38%, 11/26/24<sup>(a)</sup> | 200 | 195350 |
| Dar Al-Arkan Sukuk Co. Ltd., 6.75%, 02/15/25<sup>(a)</sup> | 400 | 394450 |
| Riyad Tier 1 Sukuk Ltd., 4.00%, (Call 02/16/27)<sup>(a)(c)(d)</sup> | 400 | 367075 |
|  |  | 1336075 |
| **Singapore — 0.3%** |  |  |
| GLP Pte Ltd., 4.50%, (Call 05/17/26)<sup>(a)(c)(d)</sup> | 400 | 270500 |
| Puma International Financing SA, 5.00%, 01/24/26 (Call 02/10/23)<sup>(a)</sup> | 200 | 183480 |
| Singapore Airlines Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 07/20/26 (Call 06/20/26)<sup>(a)</sup> | 200 | 185452 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.38%, 01/19/29 (Call 11/19/28)<sup>(a)</sup> | 400 | 361244 |
|  |  | 1000676 |
| **South Africa — 1.3%** |  |  |
| Absa Group Ltd., 6.38%, (Call 05/27/26)<sup>(a)(c)(d)</sup> | 200 | 189100 |
| Bidvest Group UK PLC (The), 3.63%, 09/23/26 (Call 09/23/23)<sup>(a)</sup> | 400 | 366075 |
| Eskom Holdings SOC Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.35%, 08/10/28<sup>(a)</sup> | 600 | 573750 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.13%, 02/11/25<sup>(a)</sup> | 460 | 438955 |
| FirstRand Bank Ltd., 6.25%, 04/23/28 (Call 04/23/23)<sup>(a)(c)</sup> | 200 | 197725 |
| Liquid Telecommunications Financing Plc, 5.50%, 09/04/26 (Call 03/04/23)<sup>(a)</sup> | 400 | 302700 |
| MTN Mauritius Investments Ltd., 6.50%, 10/13/26<sup>(a)</sup> | 200 | 202537 |
| Sasol Financing USA LLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.38%, 09/18/26 (Call 09/18/25)<sup>(b)</sup> | 200 | 184020 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 03/18/31 (Call 03/18/30)<sup>(b)</sup> | 400 | 347960 |
| &nbsp;&nbsp;&nbsp;5.88%, 03/27/24 (Call 02/27/24) | 800 | 788760 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 09/27/28 (Call 06/27/28)<sup>(b)</sup> | 400 | 384000 |
| Stillwater Mining Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 11/16/26 (Call 11/16/23)<sup>(a)</sup> | 200 | 185000 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 11/16/29 (Call 11/16/25)<sup>(a)</sup> | 400 | 342000 |
|  |  | 4502582 |
| **South Korea — 0.1%** |  |  |
| Woori Bank, 4.25%, (Call 10/04/24)<sup>(a)(c)(d)</sup> | 200 | 191350 |
| **Supranational — 0.2%** |  |  |
| Eastern & Southern African Trade & Development Bank (The) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 06/30/28<sup>(a)</sup> | 400 | 334472 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 05/23/24<sup>(a)</sup> | 200 | 194500 |
|  |  | 528972 |
| **Switzerland — 0.0%** |  |  |
| Oriflame Investment Holding PLC, 5.13%, 05/04/26 (Call 05/15/23)<sup>(a)</sup> | 200 | 127550 |
| **Tanzania — 0.1%** |  |  |
| HTA Group Ltd./Mauritius, 7.00%, 12/18/25 (Call 03/02/23)<sup>(a)</sup> | 400 | 375825 |
| **Thailand — 0.5%** |  |  |
| Bangkok Bank PCL/Hong Kong |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.73%, 09/25/34 (Call 09/25/29)<sup>(a)(c)</sup> | 600 | 528000 |
| &nbsp;&nbsp;&nbsp;5.00%, (Call 09/23/25) | 400 | 384500 |
| Kasikornbank PCL/Hong Kong, 3.34%, 10/02/31 (Call 10/02/26)<sup>(a)(c)</sup> | 600 | 536238 |
| Krung Thai Bank PCL/Cayman Islands, 4.40%, (Call 03/25/26)<sup>(a)(c)(d)</sup> | 400 | 367325 |
|  |  | 1816063 |
| **Togo — 0.1%** |  |  |
| Ecobank Transnational Inc., 9.50%, 04/18/24<sup>(a)</sup> | 200 | 199150 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> J.P. Morgan EM High Yield Bond ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Turkey — 2.2%** |  |  |
| Akbank TAS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 03/31/25<sup>(a)</sup> | $200 | $189537 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.80%, 02/06/26<sup>(a)</sup> | 200 | 191162 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.80%, 06/22/31 (Call 06/22/26)<sup>(a)(c)</sup> | 400 | 358950 |
| Anadolu Efes Biracilik Ve Malt Sanayii AS, 3.38%, 06/29/28 (Call 03/29/28)<sup>(a)</sup> | 200 | 155250 |
| Aydem Yenilenebilir Enerji AS, 7.75%, 02/02/27 (Call 02/02/24)<sup>(a)</sup> | 400 | 330575 |
| Coca-Cola Icecek AS, 4.50%, 01/20/29 (Call 10/20/28)<sup>(a)</sup> | 200 | 171100 |
| KOC Holding AS, 6.50%, 03/11/25 (Call 12/11/24)<sup>(a)</sup> | 400 | 392700 |
| Mersin Uluslararasi Liman Isletmeciligi AS, 5.38%, 11/15/24 (Call 03/02/23)<sup>(a)</sup> | 400 | 383325 |
| QNB Finansbank AS, 6.88%, 09/07/24<sup>(a)</sup> | 400 | 404075 |
| Turk Telekomunikasyon AS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 06/19/24<sup>(a)</sup> | 200 | 188000 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 02/28/25<sup>(a)</sup> | 200 | 189413 |
| Turkcell Iletisim Hizmetleri AS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 10/15/25<sup>(a)</sup> | 200 | 187788 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.80%, 04/11/28 (Call 01/11/28)<sup>(a)</sup> | 200 | 173145 |
| Turkiye Garanti Bankasi AS, 7.18%, 05/24/27<sup>(a)(c)</sup> | 400 | 366575 |
| Turkiye Is Bankasi AS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 04/25/24<sup>(a)</sup> | 600 | 587737 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 06/29/28 (Call 06/29/23)<sup>(a)(c)</sup> | 200 | 192350 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, 01/22/30 (Call 01/22/25)<sup>(a)(c)</sup> | 400 | 374075 |
| Turkiye Petrol Rafinerileri AS, 4.50%, 10/18/24 (Call 07/20/24)<sup>(a)</sup> | 400 | 380575 |
| Turkiye Sise ve Cam Fabrikalari AS, 6.95%, 03/14/26 (Call 12/14/25)<sup>(a)</sup> | 300 | 290400 |
| Turkiye Vakiflar Bankasi TAO |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 01/08/26<sup>(a)</sup> | 400 | 372325 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.13%, 03/28/24<sup>(a)</sup> | 200 | 200037 |
| Ulker Biskuvi Sanayi AS, 6.95%, 10/30/25<sup>(a)</sup> | 400 | 353575 |
| Yapi ve Kredi Bankasi AS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.85%, 06/21/24<sup>(a)</sup> | 300 | 292275 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.88%, 01/22/31 (Call 01/22/26)<sup>(a)(c)</sup> | 200 | 188038 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.25%, 10/15/24<sup>(a)</sup> | 200 | 200975 |
| &nbsp;&nbsp;&nbsp;&nbsp;13.88%, (Call 01/15/24)<sup>(a)(c)(d)</sup> | 400 | 416200 |
|  |  | 7530157 |
| **Ukraine — 0.0%** |  |  |
| Metinvest BV, 7.75%, 10/17/29<sup>(a)</sup> | 200 | 98475 |
| **United Arab Emirates — 1.5%** |  |  |
| ADIB Capital Invest 2 Ltd., 7.13%, (Call 09/20/23)<sup>(a)(c)(d)</sup> | 400 | 401950 |
| Commercial Bank of Dubai PSC, 6.00%, (Call 04/21/26)<sup>(a)(c)(d)</sup> | 400 | 394950 |
| DIB Tier 1 Sukuk 3 Ltd., 6.25%, (Call 01/22/25)<sup>(a)(c)(d)</sup> | 400 | 403000 |
| DIB Tier 1 Sukuk 4 Ltd., 4.63%, (Call 05/19/26)<sup>(a)(c)(d)</sup> | 400 | 385575 |
| DP World Salaam, 6.00%, (Call 10/01/25)<sup>(a)(c)(d)</sup> | 800 | 800500 |
| Emirates NBD Bank PJSC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, (Call 02/27/27)<sup>(a)(c)(d)</sup> | 400 | 370950 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, (Call 03/20/25)<sup>(a)(c)(d)</sup> | 400 | 399825 |
| Energean Israel Finance Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/30/24 (Call 12/30/23)<sup>(a)(g)</sup> | 300 | 292125 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 03/30/26 (Call 12/30/25)<sup>(a)(g)</sup> | 350 | 327862 |
| GEMS MENASA Cayman Ltd./GEMS Education |  |  |
| Delaware LLC, 7.13%, 07/31/26 (Call 03/02/23)<sup>(a)</sup> | 400 | 393450 |
| MAF Global Securities Ltd., 7.88%, (Call 06/30/27)<sup>(a)(c)(d)</sup> | 400 | 415575 |
| Petrofac Ltd., 9.75%, 11/15/26 (Call 11/15/23)<sup>(a)</sup>. | 200 | 130500 |
| Shelf Drilling Holdings Ltd., 8.25%, 02/15/25 (Call 02/15/23) | 470 | 442975 |
|  |  | 5159237 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **United Kingdom — 0.8%** |  |  |
| Standard Chartered PLC |  |  |
| &nbsp;&nbsp;&nbsp;4.30%, (Call 08/19/28) | $600 | $509040 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, (Call 01/14/31)<sup>(a)(c)(d)</sup> | 600 | 509040 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, (Call 07/26/25)<sup>(a)(c)(d)</sup> | 600 | 588000 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, (Call 04/02/23)<sup>(a)(c)(d)</sup> | 600 | 598500 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, (Call 08/15/27)<sup>(a)(c)(d)</sup> | 600 | 610500 |
|  |  | 2815080 |
| **United States — 0.1%** |  |  |
| Playtika Holding Corp., 4.25%, 03/15/29 (Call 03/15/24)<sup>(a)</sup> | 300 | 248361 |
| Sagicor Financial Co. Ltd., 5.30%, 05/13/28 (Call 05/13/24)<sup>(a)(b)</sup> | 200 | 194200 |
|  |  | 442561 |
| **Vietnam — 0.1%** |  |  |
| Mong Duong Finance Holdings BV, 5.13%, 05/07/29 (Call 05/07/23)<sup>(a)</sup> | 250 | 222313 |
| **Zambia — 0.7%** |  |  |
| First Quantum Minerals Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 03/01/24 (Call 02/10/23)<sup>(a)</sup> | 400 | 396250 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 03/01/26 (Call 02/10/23)<sup>(a)</sup> | 600 | 576758 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 10/15/27 (Call 10/15/23)<sup>(a)</sup> | 800 | 771580 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 04/01/25 (Call 02/10/23)<sup>(a)</sup> | 600 | 591030 |
|  |  | 2335618 |
| **Total Corporate Bonds & Notes — 49.7%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $188,956,522)** |  | 171952622 |
| **Foreign Government Obligations<sup>(h)</sup>** |  |  |
| **Angola — 1.1%** |  |  |
| Angolan Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;8.00%, 11/26/29<sup>(a)</sup> | 800 | 742000 |
| &nbsp;&nbsp;&nbsp;8.25%, 05/09/28 | 800 | 754000 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.75%, 04/14/32<sup>(a)</sup> | 1100 | 1017500 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.13%, 11/26/49<sup>(a)</sup> | 600 | 525000 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.38%, 05/08/48<sup>(a)</sup> | 800 | 712000 |
|  |  | 3750500 |
| **Argentina — 3.1%** |  |  |
| Argentine Republic Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.50%, 07/09/30 (Call 03/03/23)<sup>(i)</sup> | 7803 | 2762433 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.00%, 07/09/29 (Call 03/03/23)<sup>(b)</sup> | 1381 | 470874 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 07/09/35 (Call 03/03/23)<sup>(i)</sup> | 10414 | 3206020 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 07/09/46 (Call 03/03/23)<sup>(i)</sup> | 1126 | 347649 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.50%, 07/09/41 (Call 03/03/23)<sup>(b)(i)</sup> | 5254 | 1783600 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 01/09/38 (Call 03/03/23)<sup>(i)</sup> | 5699 | 2082808 |
|  |  | 10653384 |
| **Azerbaijan — 0.1%** |  |  |
| Republic of Azerbaijan International Bond, 3.50%, 09/01/32<sup>(a)</sup>. | 600 | 517613 |
| **Bahrain — 2.2%** |  |  |
| Bahrain Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 01/25/33<sup>(a)</sup> | 600 | 528750 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.45%, 09/16/32<sup>(a)</sup> | 600 | 543000 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 09/30/31<sup>(a)</sup> | 400 | 371500 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 05/18/34<sup>(a)</sup> | 600 | 528000 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 09/19/44<sup>(a)</sup> | 600 | 480750 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 09/20/29<sup>(a)</sup> | 600 | 602250 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 01/26/26<sup>(a)</sup> | 600 | 621862 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 10/12/28<sup>(a)</sup> | 700 | 722006 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.38%, 05/14/30<sup>(a)</sup> | 400 | 414500 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> J.P. Morgan EM High Yield Bond ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Bahrain (continued)** |  |  |
| CBB International Sukuk Co. 7 SPC, 6.88%, 10/05/25<sup>(a)</sup> | $400 | $416075 |
| CBB International Sukuk Programme Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 05/18/29<sup>(a)</sup> | 550 | 497338 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.95%, 09/16/27<sup>(a)</sup> | 500 | 483219 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 03/30/27<sup>(a)</sup> | 600 | 590550 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 11/14/24<sup>(a)</sup> | 600 | 606750 |
| CBB International Sukuk Programme Co. WLL, 3.88%, 05/18/29<sup>(g)</sup> | 75 | 67819 |
|  |  | 7474369 |
| **Bolivia — 0.1%** |  |  |
| Bolivian Government International Bond, 4.50%, 03/20/28<sup>(a)</sup> | 400 | 302600 |
| **Brazil — 4.6%** |  |  |
| Brazilian Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;2.88%, 06/06/25 | 1000 | 950500 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.75%, 09/12/31<sup>(b)</sup> | 734 | 630506 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 06/12/30<sup>(b)</sup> | 1700 | 1502162 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.25%, 01/07/25<sup>(b)</sup> | 2348 | 2316889 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 05/30/29 (Call 02/28/29)<sup>(b)</sup> | 1000 | 945813 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.63%, 01/13/28 (Call 10/13/27)<sup>(b)</sup> | 1600 | 1552800 |
| &nbsp;&nbsp;&nbsp;4.75%, 01/14/50 (Call 07/14/49) | 2050 | 1503931 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.00%, 01/27/45<sup>(b)</sup> | 1700 | 1331631 |
| &nbsp;&nbsp;&nbsp;5.63%, 01/07/41 | 1100 | 967863 |
| &nbsp;&nbsp;&nbsp;5.63%, 02/21/47 | 1300 | 1080463 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 04/07/26<sup>(b)</sup> | 1000 | 1038625 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.13%, 01/20/37<sup>(b)</sup> | 800 | 862900 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.25%, 01/20/34<sup>(b)</sup> | 650 | 751684 |
| &nbsp;&nbsp;&nbsp;8.88%, 04/15/24 | 450 | 465694 |
|  |  | 15901461 |
| **Colombia — 3.6%** |  |  |
| Colombia Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 01/30/30 (Call 10/30/29)<sup>(b)</sup> | 700 | 544250 |
| &nbsp;&nbsp;&nbsp;3.13%, 04/15/31 (Call 01/15/31) | 1200 | 906975 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.25%, 04/22/32 (Call 01/22/32)<sup>(b)</sup> | 1000 | 736500 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 04/25/27 (Call 01/25/27)<sup>(b)</sup> | 800 | 724150 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.88%, 02/15/61 (Call 08/15/60)<sup>(b)</sup> | 600 | 344925 |
| &nbsp;&nbsp;&nbsp;4.13%, 02/22/42 (Call 08/22/41) | 600 | 387600 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.13%, 05/15/51 (Call 11/15/50)<sup>(b)</sup> | 800 | 493900 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 01/28/26 (Call 10/28/25)<sup>(b)</sup> | 800 | 763900 |
| &nbsp;&nbsp;&nbsp;4.50%, 03/15/29 (Call 12/15/28) | 1000 | 882375 |
| &nbsp;&nbsp;&nbsp;5.00%, 06/15/45 (Call 12/15/44) | 2200 | 1542475 |
| &nbsp;&nbsp;&nbsp;5.20%, 05/15/49 (Call 11/15/48) | 1450 | 1021616 |
| &nbsp;&nbsp;&nbsp;5.63%, 02/26/44 (Call 08/26/43) | 1200 | 910800 |
| &nbsp;&nbsp;&nbsp;6.13%, 01/18/41 | 1350 | 1112738 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.38%, 09/18/37<sup>(b)</sup> | 900 | 873450 |
| &nbsp;&nbsp;&nbsp;7.50%, 02/02/34 | 400 | 395800 |
| &nbsp;&nbsp;&nbsp;8.00%, 04/20/33 (Call 01/20/33) | 689 | 707215 |
|  |  | 12348669 |
| **Costa Rica — 0.5%** |  |  |
| Costa Rica Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 02/19/31<sup>(a)(b)</sup> | 400 | 391575 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 04/04/44<sup>(a)</sup> | 650 | 628794 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.16%, 03/12/45<sup>(a)</sup> | 600 | 587362 |
|  |  | 1607731 |
| **Dominican Republic — 3.2%** |  |  |
| Dominican Republic International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.50%, 01/30/30<sup>(a)</sup> | 1000 | 869250 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 09/23/32<sup>(a)</sup> | 1500 | 1275281 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.30%, 01/21/41<sup>(a)</sup> | 700 | 560569 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Dominican Republic (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 01/27/25<sup>(a)</sup> | $625 | $621797 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 02/22/29 (Call 12/22/28)<sup>(a)</sup> | 850 | 797831 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 01/30/60<sup>(a)</sup> | 1650 | 1265653 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.95%, 01/25/27<sup>(a)</sup> | 850 | 846972 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 07/19/28<sup>(a)</sup> | 800 | 783900 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 02/22/33 (Call 11/22/32)<sup>(a)</sup> | 850 | 786250 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.40%, 06/05/49<sup>(a)</sup> | 800 | 681400 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 02/15/48<sup>(a)(b)</sup> | 450 | 388209 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.85%, 01/27/45<sup>(a)</sup> | 1000 | 914563 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 01/29/26<sup>(a)</sup> | 700 | 719381 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.45%, 04/30/44<sup>(a)(b)</sup> | 750 | 730453 |
|  |  | 11241509 |
| **Ecuador — 1.2%** |  |  |
| Ecuador Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.00%, 07/31/30<sup>(a)(f)</sup> | 542 | 230493 |
| &nbsp;&nbsp;&nbsp;&nbsp;1.50%, 07/31/40<sup>(a)(i)</sup> | 1688 | 707206 |
| &nbsp;&nbsp;&nbsp;&nbsp;2.50%, 07/31/35<sup>(a)(i)</sup> | 4240 | 2058782 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.50%, 07/31/30<sup>(a)(i)</sup> | 1856 | 1231410 |
|  |  | 4227891 |
| **Egypt — 2.6%** |  |  |
| Egypt Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 05/29/24<sup>(a)</sup> | 600 | 564000 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.80%, 09/30/27<sup>(a)</sup> | 400 | 332000 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 06/11/25<sup>(a)</sup> | 800 | 734000 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.88%, 02/16/31<sup>(a)</sup> | 800 | 567650 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.59%, 02/21/28<sup>(a)</sup> | 600 | 496500 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.05%, 01/15/32<sup>(a)</sup> | 400 | 299950 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.30%, 09/30/33<sup>(a)</sup> | 800 | 584000 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 01/31/27<sup>(a)</sup> | 1000 | 900000 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.50%, 02/16/61<sup>(a)</sup> | 600 | 388500 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.60%, 03/01/29<sup>(a)</sup> | 800 | 664000 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.63%, 05/29/32<sup>(a)</sup> | 1000 | 760500 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.90%, 02/21/48<sup>(a)</sup> | 850 | 565250 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.50%, 01/31/47<sup>(a)</sup> | 1300 | 916500 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.70%, 03/01/49<sup>(a)</sup> | 600 | 423000 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.88%, 05/29/50<sup>(a)</sup> | 1000 | 711250 |
|  |  | 8907100 |
| **El Salvador — 0.2%** |  |  |
| El Salvador Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;7.12%, 01/20/50 (Call 07/20/49)<sup>(a)</sup> | 550 | 253447 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.65%, 06/15/35<sup>(a)</sup> | 450 | 216506 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.50%, 07/15/52 (Call 01/15/52)<sup>(a)</sup> | 550 | 286619 |
|  |  | 756572 |
| **Ethiopia — 0.1%** |  |  |
| Ethiopia International Bond, 6.63%, 12/11/24<sup>(a)</sup> | 600 | 400613 |
| **Gabon — 0.1%** |  |  |
| Gabon Government International Bond, 6.63%, 02/06/31<sup>(a)</sup> | 600 | 501300 |
| **Ghana — 0.6%** |  |  |
| Ghana Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.38%, 02/11/27<sup>(a)(j)(k)</sup> | 800 | 296000 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.63%, 05/16/29<sup>(a)(j)(k)</sup> | 500 | 185000 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, 04/07/29<sup>(a)(j)(k)</sup> | 600 | 222000 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.88%, 02/11/35<sup>(a)(j)(k)</sup> | 400 | 147000 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.13%, 01/18/26<sup>(a)(j)(k)</sup> | 470 | 185650 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.13%, 03/26/32<sup>(a)(j)(k)</sup> | 500 | 183750 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.63%, 04/07/34<sup>(a)(j)(k)</sup> | 400 | 147000 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.63%, 06/16/49<sup>(a)(j)(k)</sup> | 600 | 215250 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.95%, 03/26/51<sup>(a)(j)(k)</sup> | 500 | 181250 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> J.P. Morgan EM High Yield Bond ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Ghana (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;10.75%, 10/14/30<sup>(a)(j)(k)</sup> | $400 | $279000 |
|  |  | 2041900 |
| **Guatemala — 0.2%** |  |  |
| Guatemala Government Bond, 6.13%, 06/01/50(Call 12/01/49)<sup>(a)</sup> | 700 | 680006 |
| **Iraq — 0.2%** |  |  |
| Iraq International Bond, 5.80%, 01/15/28(Call 03/19/23)<sup>(a)</sup> | 781 | 722070 |
| **Ivory Coast — 0.1%** |  |  |
| Ivory Coast Government International Bond, 6.13%, 06/15/33<sup>(a)</sup> | 600 | 532500 |
| **Jamaica — 0.7%** |  |  |
| Jamaica Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 04/28/28<sup>(b)</sup> | 600 | 638175 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.88%, 07/28/45<sup>(b)</sup> | 900 | 1047375 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.00%, 03/15/39<sup>(b)</sup> | 600 | 717300 |
|  |  | 2402850 |
| **Jordan — 0.6%** |  |  |
| Jordan Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 01/31/27<sup>(a)</sup> | 600 | 586050 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.85%, 07/07/30<sup>(a)</sup> | 900 | 825750 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 01/29/26<sup>(a)</sup> | 400 | 397075 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.38%, 10/10/47<sup>(a)</sup> | 400 | 359950 |
|  |  | 2168825 |
| **Kenya — 0.7%** |  |  |
| Republic of Kenya Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.30%, 01/23/34<sup>(a)</sup> | 400 | 308000 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 06/24/24<sup>(a)</sup> | 1000 | 935000 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.25%, 02/28/28<sup>(a)</sup> | 400 | 351000 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.00%, 05/22/32<sup>(a)</sup> | 600 | 519000 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.25%, 02/28/48<sup>(a)</sup> | 600 | 468000 |
|  |  | 2581000 |
| **Lebanon — 0.1%** |  |  |
| Lebanon Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;0.00%, 01/27/23<sup>(a)(f)(j)(k)</sup> | 500 | 32125 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.00%, 10/04/24<sup>(f)(j)(k)</sup> | 730 | 45625 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.00%, 11/27/26<sup>(a)(f)(j)(k)</sup> | 760 | 47500 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.00%, 03/23/27<sup>(a)(f)(j)(k)</sup> | 790 | 49375 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.00%, 11/29/27<sup>(a)(f)(j)(k)</sup> | 470 | 29375 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.00%, 02/26/30<sup>(a)(f)(j)(k)</sup> | 760 | 47500 |
| &nbsp;&nbsp;&nbsp;&nbsp;0.00%, 03/23/32<sup>(a)(f)(j)(k)</sup> | 475 | 29688 |
|  |  | 281188 |
| **Morocco — 0.2%** |  |  |
| Morocco Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.00%, 12/15/32<sup>(a)</sup> | 400 | 319500 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.00%, 12/15/50<sup>(a)</sup> | 600 | 409500 |
|  |  | 729000 |
| **Nigeria — 1.6%** |  |  |
| Nigeria Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.13%, 09/28/28<sup>(a)</sup> | 800 | 620000 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 11/28/27<sup>(a)</sup> | 600 | 492000 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.14%, 02/23/30<sup>(a)</sup> | 714 | 542640 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.38%, 09/28/33<sup>(a)</sup> | 600 | 428250 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.63%, 11/21/25<sup>(a)</sup> | 500 | 456250 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.63%, 11/28/47<sup>(a)</sup> | 600 | 392250 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.70%, 02/23/38<sup>(a)</sup> | 600 | 413175 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.88%, 02/16/32<sup>(a)</sup> | 800 | 604000 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **Nigeria (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;8.25%, 09/28/51<sup>(a)</sup> | $600 | $403500 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.38%, 03/24/29<sup>(a)</sup> | 800 | 666000 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.75%, 01/21/31<sup>(a)</sup> | 600 | 486750 |
|  |  | 5504815 |
| **Oman — 3.7%** |  |  |
| Oman Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 06/15/26<sup>(a)</sup> | 1000 | 977062 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 02/01/25<sup>(a)</sup> | 200 | 197600 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.38%, 03/08/27<sup>(a)</sup> | 1000 | 996750 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.63%, 01/17/28<sup>(a)</sup> | 1400 | 1405950 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 08/01/29<sup>(a)</sup> | 1400 | 1429575 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 01/25/31<sup>(a)</sup> | 800 | 826900 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 03/08/47<sup>(a)</sup> | 1000 | 953750 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 10/28/27<sup>(a)</sup> | 800 | 846150 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 01/17/48<sup>(a)</sup> | 1400 | 1373750 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.00%, 01/25/51<sup>(a)</sup> | 400 | 404500 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.38%, 10/28/32<sup>(a)</sup> | 600 | 668363 |
| Oman Sovereign Sukuk Co. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.40%, 06/01/24<sup>(a)</sup> | 1000 | 993750 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 06/15/30<sup>(a)</sup> | 800 | 797150 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.93%, 10/31/25<sup>(a)</sup> | 800 | 822000 |
|  |  | 12693250 |
| **Pakistan — 0.4%** |  |  |
| Pakistan Global Sukuk Programme Co. Ltd. (The), 7.95%, 01/31/29<sup>(a)</sup> | 400 | 239044 |
| Pakistan Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 04/08/26<sup>(a)</sup> | 800 | 344088 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 12/05/27<sup>(a)</sup> | 750 | 311332 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.38%, 04/08/31<sup>(a)</sup> | 800 | 328088 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.25%, 04/15/24<sup>(a)</sup> | 270 | 151905 |
|  |  | 1374457 |
| **Paraguay — 0.4%** |  |  |
| Paraguay Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.95%, 04/28/31 (Call 01/28/31)<sup>(a)</sup> | 400 | 387450 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.40%, 03/30/50 (Call 09/30/49)<sup>(a)</sup> | 600 | 534113 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.10%, 08/11/44<sup>(a)</sup> | 400 | 395450 |
|  |  | 1317013 |
| **Senegal — 0.2%** |  |  |
| Senegal Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.25%, 05/23/33<sup>(a)</sup> | 500 | 432500 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 03/13/48<sup>(a)</sup> | 600 | 448500 |
|  |  | 881000 |
| **Serbia — 0.3%** |  |  |
| Serbia International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.13%, 12/01/30<sup>(a)</sup> | 535 | 406533 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.50%, 09/26/33<sup>(g)</sup> | 500 | 503750 |
|  |  | 910283 |
| **South Africa — 2.5%** |  |  |
| Republic of South Africa Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.30%, 10/12/28<sup>(b)</sup> | 1000 | 911250 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.85%, 09/27/27<sup>(b)</sup> | 400 | 384500 |
| &nbsp;&nbsp;&nbsp;4.85%, 09/30/29 | 1100 | 1001000 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.88%, 04/14/26<sup>(b)</sup> | 604 | 588900 |
| &nbsp;&nbsp;&nbsp;5.00%, 10/12/46 | 600 | 436500 |
| &nbsp;&nbsp;&nbsp;5.38%, 07/24/44 | 500 | 388125 |
| &nbsp;&nbsp;&nbsp;5.65%, 09/27/47 | 800 | 612000 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.75%, 09/30/49<sup>(b)</sup> | 1350 | 1026000 |
| &nbsp;&nbsp;&nbsp;5.88%, 09/16/25 | 986 | 990190 |

---

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> J.P. Morgan EM High Yield Bond ETF** |
| January 31, 2023 | **(Percentages shown are based on Net Assets)** |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par<br> (000)* | *Value* |
| **South Africa (continued)** |  |  |
| &nbsp;&nbsp;&nbsp;5.88%, 06/22/30 | $900 | $857250 |
| &nbsp;&nbsp;&nbsp;5.88%, 04/20/32 | 900 | 833625 |
| &nbsp;&nbsp;&nbsp;7.30%, 04/20/52 | 700 | 630000 |
|  |  | 8659340 |
| **Sri Lanka — 0.4%** |  |  |
| Sri Lanka Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.20%, 05/11/27<sup>(a)(j)(k)</sup> | 700 | 235069 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.75%, 04/18/28<sup>(a)(j)(k)</sup> | 700 | 232827 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.83%, 07/18/26<sup>(a)(j)(k)</sup> | 600 | 206550 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.85%, 03/14/24<sup>(a)(j)(k)</sup> | 600 | 203737 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.85%, 11/03/25<sup>(a)(j)(k)</sup> | 700 | 241194 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.55%, 03/28/30<sup>(a)(j)(k)</sup> | 400 | 134325 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.85%, 03/14/29<sup>(a)(j)(k)</sup> | 700 | 232827 |
|  |  | 1486529 |
| **Trinidad And Tobago — 0.1%** |  |  |
| Trinidad & Tobago Government International Bond, 4.50%, 08/04/26<sup>(a)(b)</sup> | 400 | 394075 |
| **Tunisia — 0.1%** |  |  |
| Tunisian Republic, 5.75%, 01/30/25<sup>(a)</sup> | 400 | 259700 |
| **Turkey — 10.1%** |  |  |
| Hazine Mustesarligi Varlik Kiralama AS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;4.49%, 11/25/24<sup>(a)</sup> | 400 | 379825 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.13%, 06/22/26<sup>(a)</sup> | 1200 | 1083600 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.25%, 02/24/27<sup>(a)</sup> | 1500 | 1453406 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.76%, 11/13/25<sup>(a)</sup> | 1400 | 1442000 |
| Turkey Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 03/13/25 | 1000 | 930000 |
| &nbsp;&nbsp;&nbsp;4.25%, 04/14/26 | 900 | 794250 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.75%, 01/26/26<sup>(b)</sup> | 800 | 722000 |
| &nbsp;&nbsp;&nbsp;4.88%, 10/09/26 | 1500 | 1323750 |
| &nbsp;&nbsp;&nbsp;4.88%, 04/16/43 | 1370 | 864812 |
| &nbsp;&nbsp;&nbsp;5.13%, 02/17/28 | 1200 | 1026000 |
| &nbsp;&nbsp;&nbsp;5.25%, 03/13/30 | 1100 | 878625 |
| &nbsp;&nbsp;&nbsp;5.60%, 11/14/24 | 1100 | 1056000 |
| &nbsp;&nbsp;&nbsp;5.75%, 03/22/24 | 1250 | 1224062 |
| &nbsp;&nbsp;&nbsp;5.75%, 05/11/47 | 1800 | 1201500 |
| &nbsp;&nbsp;&nbsp;5.88%, 06/26/31 | 900 | 729000 |
| &nbsp;&nbsp;&nbsp;5.95%, 01/15/31 | 1200 | 987000 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.00%, 03/25/27<sup>(b)</sup> | 1700 | 1542750 |
| &nbsp;&nbsp;&nbsp;6.00%, 01/14/41 | 1500 | 1074375 |
| &nbsp;&nbsp;&nbsp;6.13%, 10/24/28 | 1300 | 1145625 |
| &nbsp;&nbsp;&nbsp;&nbsp;6.35%, 08/10/24<sup>(b)</sup> | 1050 | 1028869 |
| &nbsp;&nbsp;&nbsp;6.38%, 10/14/25 | 1200 | 1143000 |
| &nbsp;&nbsp;&nbsp;6.50%, 09/20/33 | 900 | 735750 |
| &nbsp;&nbsp;&nbsp;6.63%, 02/17/45 | 1600 | 1200000 |
| &nbsp;&nbsp;&nbsp;6.75%, 05/30/40 | 950 | 750500 |
| &nbsp;&nbsp;&nbsp;6.88%, 03/17/36 | 1300 | 1067625 |
| &nbsp;&nbsp;&nbsp;7.25%, 03/05/38 | 500 | 440625 |
| &nbsp;&nbsp;&nbsp;7.38%, 02/05/25 | 1570 | 1558225 |
| &nbsp;&nbsp;&nbsp;7.63%, 04/26/29 | 1400 | 1309000 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.00%, 02/14/34<sup>(b)</sup> | 750 | 739688 |
| &nbsp;&nbsp;&nbsp;8.60%, 09/24/27 | 1000 | 993750 |
| &nbsp;&nbsp;&nbsp;9.38%, 01/19/33 | 1200 | 1177500 |
| &nbsp;&nbsp;&nbsp;9.88%, 01/15/28 | 1800 | 1847250 |
| &nbsp;&nbsp;&nbsp;&nbsp;11.88%, 01/15/30<sup>(b)</sup> | 700 | 823375 |
| Turkiye Vakiflar Bankasi TAO, 5.50%, 10/01/26<sup>(a)</sup> | 200 | 177350 |
|  |  | 34851087 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Par/ <br> Shares <br> (000)* | *Value* |
| **Ukraine — 0.5%** |  |  |
| Ukraine Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;6.88%, 05/21/31<sup>(a)(j)(k)</sup> | $800 | $157200 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.25%, 03/15/35<sup>(a)(j)(k)</sup> | 1200 | 233850 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.38%, 09/25/32<sup>(a)(j)(k)</sup> | 1400 | 276500 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, 09/01/25<sup>(a)(j)(k)</sup> | 625 | 142695 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, 09/01/26<sup>(a)(j)(k)</sup> | 1650 | 356244 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, 09/01/27<sup>(a)(j)(k)</sup> | 675 | 143986 |
| &nbsp;&nbsp;&nbsp;&nbsp;7.75%, 09/01/29<sup>(a)(j)(k)</sup> | 750 | 164906 |
| &nbsp;&nbsp;&nbsp;&nbsp;9.75%, 11/01/30<sup>(a)(j)(k)</sup> | 800 | 173650 |
|  |  | 1649031 |
| **United Arab Emirates — 1.0%** |  |  |
| Emirate of Dubai Government International Bonds |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3.90%, 09/09/50<sup>(a)</sup> | 600 | 454613 |
| &nbsp;&nbsp;&nbsp;&nbsp;5.25%, 01/30/43<sup>(a)</sup> | 600 | 575737 |
| Finance Department Government of Sharjah, 4.00%, 07/28/50<sup>(a)</sup>. | 500 | 327281 |
| Sharjah Sukuk Program Ltd. |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;2.94%, 06/10/27<sup>(a)</sup> | 400 | 362200 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.23%, 10/23/29<sup>(a)</sup> | 500 | 446031 |
| &nbsp;&nbsp;&nbsp;&nbsp;3.85%, 04/03/26<sup>(a)</sup> | 400 | 381825 |
| &nbsp;&nbsp;&nbsp;&nbsp;4.23%, 03/14/28<sup>(a)</sup> | 800 | 761650 |
|  |  | 3309337 |
| **Vietnam — 0.2%** |  |  |
| Vietnam Government International Bond, 4.80%, 11/19/24<sup>(a)</sup> | 600 | 591066 |
| **Zambia — 0.1%** |  |  |
| Zambia Government International Bond |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;8.50%, 04/14/24<sup>(a)(j)(k)</sup> | 400 | 201500 |
| &nbsp;&nbsp;&nbsp;&nbsp;8.97%, 07/30/27<sup>(a)(j)(k)</sup> | 600 | 300000 |
|  |  | 501500 |
| **Total Foreign Government Obligations — 47.7%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $210,301,353)** |  | 165113134 |
| **Total Long-Term Investments — 97.4%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $399,257,875)** |  | 337065756 |
| **Short-Term Securities** |  |  |
| **Money Market Funds — 10.0%** |  |  |
| BlackRock Cash Funds: Institutional, SL Agency Shares, 4.56%<sup>(l)(m)(n)</sup> | 30268 | 30285897 |
| BlackRock Cash Funds: Treasury, SL Agency Shares, 4.18%<sup>(l)(m)</sup> | 4459 | 4459000 |
| **Total Short-Term Securities — 10.0%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $34,720,615)** |  | 34744897 |
| **Total Investments — 107.4%** |  |  |
| &nbsp;&nbsp;&nbsp;**(Cost: $433,978,490)** |  | 371810653 |
| **Liabilities in Excess of Other Assets — (7.4)%** |  | (25685545) |
| **Net Assets — 100.0%** |  | $346125108 |

---

<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> All or a portion of this security is on loan.

<sup>(c)</sup> Variable rate security. Interest rate resets periodically. The rate shown is the effective interest rate as of period end. Security description also includes the reference rate and spread if published and available.

<sup>(d)</sup> Perpetual security with no stated maturity date.

<sup>(e)</sup> Payment-in-kind security which may pay interest/dividends in additional par/shares and/or in cash. Rates shown are the current rate and possible payment rates.

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> J.P. Morgan EM High Yield Bond ETF** |
| January 31, 2023 |  |

---

<sup>(f)</sup> Zero-coupon bond.

<sup>(g)</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>(h)</sup> U.S. dollar denominated security issued by foreign domiciled entity.

<sup>(i)</sup> Step coupon security. Coupon rate will either increase (step-up bond) or decrease (step-down bond) at regular intervals until maturity. Interest rate shown reflects the rate currently in effect.

<sup>(j)</sup> Issuer filed for bankruptcy and/or is in default.

<sup>(k)</sup> Non-income producing security.

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

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

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

**Affiliates**

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

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at 10/31/22* | *Purchases at Cost* | *Proceeds from Sale* | *Net Realized Gain (Loss)* | *Change in Unrealized Appreciation (Depreciation)* | *Value at 01/31/23* | *Shares Held at 01/31/23 (000)* | *Income* | *Capital Gain Distributions from Underlying Funds* |
| BlackRock Cash Funds: Institutional, SL Agency Shares | $34730604 | $— | $(4474635)<sup>(a)</sup> | $6990 | $22938 | $30285897 | 30268 | $82090 <sup>(b)</sup> | $— |
| BlackRock Cash Funds: Treasury, SL Agency Shares | 2469000 | 1990000 <sup>(a)</sup> |  |  |  | 4459000 | 4459 | 20797 | 2 |
|  |  |  |  | $6990 | $22938 | $34744897 |  | $102887 | $2 |

---

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

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

**Fair Value Hierarchy as of Period End**

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

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

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

● Level 3 – Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Valuation Committee's assumptions used in determining the fair value of financial instruments).

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

---

| | |
|:---|:---|
| Schedule of Investments (unaudited) (continued) | **iShares<sup>®</sup> J.P. Morgan EM High Yield Bond ETF** |
| January 31, 2023 |  |

---

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

The following table summarizes the Fund's financial instruments categorized in the fair value hierarchy. The breakdown of the Fund's financial instruments into major categories is disclosed in the Schedule of Investments above.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Investments |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Long-Term Investments |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Corporate Bonds & Notes | $— | $171952622 | $— | $171952622 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Foreign Government Obligations |  | 165113134 |  | 165113134 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Short-Term Securities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Money Market Funds | 34744897 |  |  | 34744897 |
|  | $34744897 | $337065756 | $— | $371810653 |

---

**Portfolio Abbreviation**

OJSC Open Joint Stock Company <br> PIK Payment-in-kind <br> PJSC Public Joint Stock Company

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** iShares, Inc.

- **b. Investment Company Act file number:** 811-09102

- **c. CIK number of Registrant:** 0000930667

- **d. LEI of Registrant:** 549300MGJZCNMJLBAJ67

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

  - **Street Address 1:** 400 HOWARD STREET

  - **City:** SAN FRANCISCO

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94105

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

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

- **a. Name of Series:** iShares J.P. Morgan EM High Yield Bond ETF

- **b. EDGAR series identifier (if any):** S000036777

- **c. LEI of Series:** 549300DZF05WBBY0EZ78

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $405909357.88

**Total Liabilities:** $59793767.80

**Net Assets:** $346115590.08

**Delayed Delivery Securities:** $397052.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.96000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

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

- **3-Month:** 187.33000000 | **1-Year:** 8599.63000000 | **5-Year:** 76104.21000000 | **10-Year:** 30017.81000000 | **30-Year:** 63042.50000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000112503 | 8.54%                | 1.69%                | 4.01%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-749626.16              | $23612658.86                               |
| Month 2  | $-1329814.97             | $4868751.47                                |
| Month 3  | $-64322.61               | $11008112.11                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| GREENKO SOLAR MAURITIUS                        | Greenko Solar Mauritius Ltd                                                      | CUSIP: 000000000<br>LEI: 2138007S1PL541B3KP92 | Long             | DBT              | CORP              | MU        |    200000 | PA      | $186000.00    | 0.05%             | 2026-07-29      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| Republic of Paraguay                           | Paraguay Government International Bond                                           | CUSIP: 000000000<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |    400000 | PA      | $395450.00    | 0.11%             | 2044-08-11      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| CEMEX SAB DE CV                                | Cemex SAB de CV                                                                  | CUSIP: 000000000<br>LEI: 549300RIG2CXWN6IV731 | Long             | DBT              | CORP              | MX        |    500000 | PA      | $458750.00    | 0.13%             | 2026-06-08      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| STUDIO CITY FINANCE LTD                        | Studio City Finance Ltd                                                          | CUSIP: 000000000<br>LEI: 254900D6R731QAUIG324 | Long             | DBT              | CORP              | VG        |    800000 | PA      | $643496.00    | 0.19%             | 2029-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TURKIYE GARANTI BANKASI                        | Turkiye Garanti Bankasi AS                                                       | CUSIP: 000000000<br>LEI: 5493002XSS7K7RHN1V37 | Long             | DBT              | CORP              | TR        |    400000 | PA      | $366575.00    | 0.11%             | 2027-05-24      | Fixed         | 7.18%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                            | Petroleos Mexicanos                                                              | CUSIP: 71654QCK6<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    953000 | PA      | $829110.00    | 0.24%             | 2028-02-12      | Fixed         | 5.35%                 | No            |                  2 | On Loan: —       |
| EMIRATES NBD BANK PJSC                         | Emirates NBD Bank PJSC                                                           | CUSIP: 000000000<br>LEI: 54930029BCN8HF3B1286 | Long             | DBT              | CORP              | AE        |    400000 | PA      | $399825.00    | 0.12%             | 2025-03-20      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| HAZINE MUSTESARLIGI VARL                       | Hazine Mustesarligi Varlik Kiralama AS                                           | CUSIP: 000000000<br>LEI: 6354003QFJP7RDXEOZ20 | Long             | DBT              | NUSS              | TR        |   1500000 | PA      | $1453406.25   | 0.42%             | 2027-02-24      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                         | Egypt Government International Bond                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    800000 | PA      | $734000.00    | 0.21%             | 2025-06-11      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| NEMAK SAB DE CV                                | Nemak SAB de CV                                                                  | CUSIP: 000000000<br>LEI: 5493000MY3DAIB0BP706 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $160650.00    | 0.05%             | 2031-06-28      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| DP WORLD SALAAM                                | DP World Salaam                                                                  | CUSIP: 000000000<br>LEI: 549300SUYBT9X88E9435 | Long             | DBT              | CORP              | KY        |    800000 | PA      | $800500.00    | 0.23%             | 2025-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                            | Petroleos Mexicanos                                                              | CUSIP: 71654QDB5<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    748000 | PA      | $699716.60    | 0.20%             | 2027-01-23      | Fixed         | 6.49%                 | No            |                  2 | On Loan: No      |
| ENERGEAN ISRAEL FINANCE                        | Energean Israel Finance Ltd                                                      | CUSIP: 000000000<br>LEI: 98450044QACBL3F8EB03 | Long             | DBT              | CORP              | IL        |    300000 | PA      | $269025.00    | 0.08%             | 2031-03-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Lebanese Republic                              | Lebanon Government International Bond                                            | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |    500000 | PA      | $32125.00     | 0.01%             | 2023-01-27      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                           | Colombia Government International Bond                                           | CUSIP: 195325CU7<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |   2200000 | PA      | $1542475.00   | 0.45%             | 2045-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ANADOLU EFES BIR                               | Anadolu Efes Biracilik Ve Malt Sanayii AS                                        | CUSIP: 000000000<br>LEI: 7890006LGARYVIPOJX03 | Long             | DBT              | CORP              | TR        |    200000 | PA      | $155250.00    | 0.04%             | 2028-06-29      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Republic of Azerbaijan                         | Republic of Azerbaijan International Bond                                        | CUSIP: 000000000<br>LEI: 549300P74FF45UQVU281 | Long             | DBT              | NUSS              | AZ        |    600000 | PA      | $517612.50    | 0.15%             | 2032-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BANK MUSCAT SAOG                               | Bank Muscat SAOG                                                                 | CUSIP: 000000000<br>LEI: 549300HC6W6OEXV7SY67 | Long             | DBT              | CORP              | OM        |    400000 | PA      | $386825.00    | 0.11%             | 2026-03-17      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Republic of Ghana                              | Ghana Government International Bond                                              | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |    500000 | PA      | $181250.00    | 0.05%             | 2051-03-26      | Fixed         | 8.95%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA                           | Colombia Government International Bond                                           | CUSIP: 195325DT9<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    800000 | PA      | $493900.00    | 0.14%             | 2051-05-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: —       |
| TIMES CHINA HLDG LTD                           | Times China Holdings Ltd                                                         | CUSIP: 000000000<br>LEI: 2549000KTINB9ZPZP710 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $79075.00     | 0.02%             | 2024-06-04      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| DUBAI GOVT INT'L BONDS                         | Emirate of Dubai Government International Bonds                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | AE        |    600000 | PA      | $575737.50    | 0.17%             | 2043-01-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| KINGDOM OF BAHRAIN                             | Bahrain Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300RODM1WN85LFQ95 | Long             | DBT              | NUSS              | BH        |    400000 | PA      | $414500.00    | 0.12%             | 2030-05-14      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| PETROBRAS GLOBAL FINANCE                       | Petrobras Global Finance BV                                                      | CUSIP: 71647NAZ2<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |    300000 | PA      | $294405.00    | 0.09%             | 2029-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| CATHAY PAC MTN FIN HK                          | Cathay Pacific MTN Financing HK Ltd                                              | CUSIP: 000000000<br>LEI: 549300BLM71AQBASFS47 | Long             | DBT              | CORP              | HK        |    400000 | PA      | $389500.00    | 0.11%             | 2026-08-17      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PETROFAC LTD                                   | Petrofac Ltd                                                                     | CUSIP: 000000000<br>LEI: 2138004624W8CKCSJ177 | Long             | DBT              | CORP              | JE        |    200000 | PA      | $130500.00    | 0.04%             | 2026-11-15      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| ODEBRECHT DRILL VIII/IX                        | Odebrecht Drilling Norbe VIII/IX Ltd                                             | CUSIP: 000000000<br>LEI: 549300YNW6BY570L6488 | Long             | DBT              | CORP              | KY        |    452744 | PA      | $223341.15    | 0.06%             | 2026-12-01      | Fixed         | 7.35%                 | No            |                  2 | On Loan: No      |
| OMAN GOV INTERNTL BOND                         | Oman Government International Bond                                               | CUSIP: 000000000<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |    400000 | PA      | $404500.00    | 0.12%             | 2051-01-25      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| YAPI VE KREDI BANKASI AS                       | Yapi ve Kredi Bankasi AS                                                         | CUSIP: 000000000<br>LEI: B85ZYWEZ5IZCZ2WNIO12 | Long             | DBT              | CORP              | TR        |    400000 | PA      | $416200.00    | 0.12%             | 2024-01-15      | Fixed         | 13.88%                | No            |                  2 | On Loan: No      |
| TURKCELL ILETISIM HIZMET                       | Turkcell Iletisim Hizmetleri AS                                                  | CUSIP: 000000000<br>LEI: 7890003EX1LTLS2FFL84 | Long             | DBT              | CORP              | TR        |    200000 | PA      | $173145.00    | 0.05%             | 2028-04-11      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| CHINA CITIC BANK INTL                          | China CITIC Bank International Ltd                                               | CUSIP: 000000000<br>LEI: 54930034UPFJV0NHXV95 | Long             | DBT              | CORP              | HK        |    400000 | PA      | $404000.00    | 0.12%             | 2023-11-06      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                           | Colombia Government International Bond                                           | CUSIP: 195325BK0<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    900000 | PA      | $873450.00    | 0.25%             | 2037-09-18      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| YPF SOCIEDAD ANONIMA                           | YPF SA                                                                           | CUSIP: 000000000<br>LEI: 5493003N7447U18U5U53 | Long             | DBT              | CORP              | AR        |    400000 | PA      | $318075.00    | 0.09%             | 2027-07-21      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| DIG INTL FIN/DIG INTL HL                       | Digicel International Finance Ltd/Digicel international Holdings Ltd             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    300000 | PA      | $257868.75    | 0.07%             | 2024-05-25      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                            | Petroleos Mexicanos                                                              | CUSIP: 71654QDC3<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |   1200000 | PA      | $1040520.00   | 0.30%             | 2030-01-23      | Fixed         | 6.84%                 | No            |                  2 | On Loan: No      |
| BIOCEANICO SOVEREIGN                           | Bioceanico Sovereign Certificate Ltd                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    456642 | PA      | $326784.79    | 0.09%             | 2034-06-05      | None          | 0.00%                 | No            |                  2 | On Loan: —       |
| FWD GROUP LTD                                  | FWD Group Ltd                                                                    | CUSIP: 000000000<br>LEI: 254900DONRZV54KDYN04 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $393000.00    | 0.11%             | 2024-07-09      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ARGENTINA                          | Argentine Republic Government International Bond                                 | CUSIP: 040114HU7<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |   5698517 | PA      | $2082807.96   | 0.60%             | 2038-01-09      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| CIA DE MINAS BUENAVENTUR                       | Cia de Minas Buenaventura SAA                                                    | CUSIP: 000000000<br>LEI: 529900WQB1ZU9KB6EL71 | Long             | DBT              | CORP              | PE        |    400000 | PA      | $350000.00    | 0.10%             | 2026-07-23      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| The Federal Republic of Nigeria                | Nigeria Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    600000 | PA      | $392250.00    | 0.11%             | 2047-11-28      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| MELCO RESORTS FINANCE                          | Melco Resorts Finance Ltd                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    300000 | PA      | $279000.00    | 0.08%             | 2026-04-26      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| OMAN GOV INTERNTL BOND                         | Oman Government International Bond                                               | CUSIP: 000000000<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |    200000 | PA      | $197600.00    | 0.06%             | 2025-02-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| The Federal Republic of Nigeria                | Nigeria Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    600000 | PA      | $486750.00    | 0.14%             | 2031-01-21      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA                           | Colombia Government International Bond                                           | CUSIP: 195325DS1<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |   1200000 | PA      | $906975.00    | 0.26%             | 2031-04-15      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SRI LANKA                          | Sri Lanka Government International Bond                                          | CUSIP: 000000000<br>LEI: 254900HXCCIOHM74FA02 | Long             | DBT              | NUSS              | LK        |    700000 | PA      | $241193.75    | 0.07%             | 2025-11-03      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| CBB INTL SUKUK PRGM SPC                        | CBB International Sukuk Programme Co WLL                                         | CUSIP: 000000000<br>LEI: 5493006IRJ2IWXTNIM16 | Long             | DBT              | NUSS              | BH        |    600000 | PA      | $606750.00    | 0.18%             | 2024-11-14      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                         | Brazilian Government International Bond                                          | CUSIP: 105756BY5<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |   1500000 | PA      | $1246687.50   | 0.36%             | 2047-02-21      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                             | Ukraine Government International Bond                                            | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |    625000 | PA      | $142695.31    | 0.04%             | 2025-09-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| MX REMIT FUND FIDUC EST                        | Mexico Remittances Funding Fiduciary Estate Management Sarl                      | CUSIP: 000000000<br>LEI: 54930007WQ6S3GFCM563 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $183850.00    | 0.05%             | 2028-01-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CBB INTL SUKUK FIVE                            | CBB International Sukuk Co 5 Spc                                                 | CUSIP: 000000000<br>LEI: 549300UIGBDNBDGNI680 | Long             | DBT              | NUSS              | BH        |    600000 | PA      | $599362.50    | 0.17%             | 2024-02-12      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF TURKEY                             | Turkey Government International Bond                                             | CUSIP: 000000000<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |   1000000 | PA      | $993750.00    | 0.29%             | 2027-09-24      | Fixed         | 8.60%                 | No            |                  2 | On Loan: —       |
| REPUBLIC OF GHANA                              | Ghana Government International Bond                                              | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |    600000 | PA      | $222000.00    | 0.06%             | 2029-04-07      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                           | Colombia Government International Bond                                           | CUSIP: 195325BM6<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |   1350000 | PA      | $1112737.50   | 0.32%             | 2041-01-18      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Cosan Overseas Ltd                             | Cosan Overseas Ltd                                                               | CUSIP: 000000000<br>LEI: 222100V5GTJGKUH55655 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $198850.00    | 0.06%             | 2023-05-05      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| C&W Senior Financing DAC                       | C&W Senior Financing DAC                                                         | CUSIP: 000000000<br>LEI: 5493009O8OIWZPZRY516 | Long             | DBT              | CORP              | IE        |    600000 | PA      | $570768.00    | 0.16%             | 2027-09-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| Lebanese Republic                              | Lebanon Government International Bond                                            | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |    760000 | PA      | $47500.00     | 0.01%             | 2030-02-26      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| REDE D'OR FINANCE SARL                         | Rede D'or Finance Sarl                                                           | CUSIP: 000000000<br>LEI: 549300FDE772OLJUCP79 | Long             | DBT              | CORP              | LU        |    400000 | PA      | $369330.00    | 0.11%             | 2028-01-17      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| ITAU UNIBANCO HLDG SA/KY                       | Itau Unibanco Holding SA/Cayman Island                                           | CUSIP: 000000000<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | DBT              | CORP              | BR        |    600000 | PA      | $583620.00    | 0.17%             | 2023-06-12      | Fixed         | 7.72%                 | No            |                  2 | On Loan: No      |
| KLABIN AUSTRIA GMBH                            | Klabin Austria GmbH                                                              | CUSIP: 000000000<br>LEI: 984500578YEA8DD41B09 | Long             | DBT              | CORP              | AT        |    400000 | PA      | $399250.00    | 0.12%             | 2029-04-03      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| SAGICOR FINANCIAL CO                           | Sagicor Financial Co Ltd                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BM        |    200000 | PA      | $194200.00    | 0.06%             | 2028-05-13      | Fixed         | 5.30%                 | No            |                  2 | On Loan: —       |
| AKBANK TAS                                     | Akbank TAS                                                                       | CUSIP: 00971YAH3<br>LEI: 789000TUMN63Z28TJ497 | Long             | DBT              | CORP              | TR        |    200000 | PA      | $191162.50    | 0.06%             | 2026-02-06      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| FS LUXEMBOURG SARL                             | FS Luxembourg Sarl                                                               | CUSIP: 000000000<br>LEI: 222100EKR3JUJPGGOY81 | Long             | DBT              | CORP              | LU        |    400000 | PA      | $403575.00    | 0.12%             | 2025-12-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: —       |
| PETRORIO LUX TRAD SARL                         | Petrorio Luxembourg Trading Sarl                                                 | CUSIP: 000000000<br>LEI: 222100466T5WZDU1B498 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $192412.50    | 0.06%             | 2026-06-09      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                         | Egypt Government International Bond                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    400000 | PA      | $299950.00    | 0.09%             | 2032-01-15      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| Dominican Republic                             | Dominican Republic International Bond                                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    700000 | PA      | $719381.25    | 0.21%             | 2026-01-29      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| EASTERN & SOUTHERN AFRIC                       | Eastern & Southern African Trade & Development Bank/The                          | CUSIP: 000000000<br>LEI: 2138004HC83AB2ENIZ64 | Long             | DBT              | NUSS              | XX        |    400000 | PA      | $334472.12    | 0.10%             | 2028-06-30      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| RKPF OVERSEAS 2020 A LTD                       | RKPF Overseas 2020 A Ltd                                                         | CUSIP: 000000000<br>LEI: 254900LKOLISWWIE7W36 | Long             | DBT              | CORP              | VG        |    200000 | PA      | $160500.00    | 0.05%             | 2026-07-26      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA                           | Colombia Government International Bond                                           | CUSIP: 195325EF8<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    889000 | PA      | $912502.94    | 0.26%             | 2033-04-20      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Republic of Turkey                             | Turkey Government International Bond                                             | CUSIP: 900123CF5<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |   1250000 | PA      | $1224062.50   | 0.35%             | 2024-03-22      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PCPD CAPITAL                                   | PCPD Capital Ltd                                                                 | CUSIP: 000000000<br>LEI: 8945006ZVZH8L5TKDT89 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $340325.00    | 0.10%             | 2026-06-18      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| GRUPO AEROMEXICO SAB                           | Grupo Aeromexico SAB de CV                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | MX        |    300000 | PA      | $269437.50    | 0.08%             | 2027-03-17      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa                       | Republic of South Africa Government International Bond                           | CUSIP: 836205AY0<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    900000 | PA      | $857250.00    | 0.25%             | 2030-06-22      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SASOL FINANCING USA LLC                        | Sasol Financing USA LLC                                                          | CUSIP: 80386WAD7<br>LEI: 549300XRB1PFMESFEL85 | Long             | DBT              | CORP              | US        |    400000 | PA      | $347960.00    | 0.10%             | 2031-03-18      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| BANCO BTG PACTUAL/CAYMAN                       | Banco BTG Pactual SA/Cayman Islands                                              | CUSIP: 000000000<br>LEI: 2549002JHJ73KGETOK78 | Long             | DBT              | CORP              | BR        |    200000 | PA      | $200412.50    | 0.06%             | 2029-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Nexa Resources SA                              | Nexa Resources SA                                                                | CUSIP: 000000000<br>LEI: 549300QRMRHM7GAU7L47 | Long             | DBT              | CORP              | LU        |    400000 | PA      | $386800.00    | 0.11%             | 2027-05-04      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| FED REPUBLIC OF BRAZIL                         | Brazilian Government International Bond                                          | CUSIP: 105756BK5<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    800000 | PA      | $862900.00    | 0.25%             | 2037-01-20      | Fixed         | 7.13%                 | No            |                  2 | On Loan: —       |
| Republic of South Africa                       | Republic of South Africa Government International Bond                           | CUSIP: 836205AS3<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    500000 | PA      | $388125.00    | 0.11%             | 2044-07-24      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| KWG GROUP HOLDINGS                             | KWG Group Holdings Ltd                                                           | CUSIP: 000000000<br>LEI: 549300LK82ZOM9ZE7H90 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $164000.00    | 0.05%             | 2024-11-10      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| OFFICE CHERIFIEN DES PHO                       | OCP SA                                                                           | CUSIP: 000000000<br>LEI: 213800D26TAPVTCVWG40 | Long             | DBT              | CORP              | MA        |    200000 | PA      | $168500.00    | 0.05%             | 2031-06-23      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                            | Petroleos Mexicanos                                                              | CUSIP: 71654QDD1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |   4100000 | PA      | $3061675.00   | 0.88%             | 2050-01-23      | Fixed         | 7.69%                 | No            |                  2 | On Loan: No      |
| TURKIYE PETROL RAFINERI                        | Turkiye Petrol Rafinerileri AS                                                   | CUSIP: 000000000<br>LEI: 789000RCNG97UV50EE03 | Long             | DBT              | CORP              | TR        |    400000 | PA      | $380575.00    | 0.11%             | 2024-10-18      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Republic of Turkey                             | Turkey Government International Bond                                             | CUSIP: 900123CB4<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |   1370000 | PA      | $864812.50    | 0.25%             | 2043-04-16      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BANCO DAVIVIENDA SA                            | Banco Davivienda SA                                                              | CUSIP: 000000000<br>LEI: 549300P161V4IPKAQS70 | Long             | DBT              | CORP              | CO        |    200000 | PA      | $157250.00    | 0.05%             | 2031-04-22      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF NIGERIA                            | Nigeria Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    600000 | PA      | $428250.00    | 0.12%             | 2033-09-28      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| ECOPETROL SA                                   | Ecopetrol SA                                                                     | CUSIP: 279158AN9<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |    950000 | PA      | $885618.50    | 0.26%             | 2030-04-29      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Republic of Ghana                              | Ghana Government International Bond                                              | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |    470000 | PA      | $185650.00    | 0.05%             | 2026-01-18      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| PERIAMA HOLDINGS LLC/DE                        | Periama Holdings LLC/DE                                                          | CUSIP: 000000000<br>LEI: 254900NINXO00BLT2Z47 | Long             | DBT              | CORP              | US        |    400000 | PA      | $383950.00    | 0.11%             | 2026-04-19      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ANGOLA                             | Angolan Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |    800000 | PA      | $742000.00    | 0.21%             | 2029-11-26      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                        | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAN1<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    600000 | PA      | $605505.00    | 0.17%             | 2025-01-31      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| YANLORD LAND HK CO LTD                         | Yanlord Land HK Co Ltd                                                           | CUSIP: 000000000<br>LEI: 549300O56H3950RDWG19 | Long             | DBT              | CORP              | HK        |    200000 | PA      | $182000.00    | 0.05%             | 2026-05-20      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Eskom Holdings SOC Ltd                         | Eskom Holdings SOC Ltd                                                           | CUSIP: 000000000<br>LEI: 3789001900ED06F65111 | Long             | DBT              | CORP              | ZA        |    600000 | PA      | $573750.00    | 0.17%             | 2028-08-10      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| COLOMBIA TELECOMUNICACIO                       | Colombia Telecomunicaciones SA ESP                                               | CUSIP: 000000000<br>LEI: 549300CK4YN0V1C3MN55 | Long             | DBT              | CORP              | CO        |    200000 | PA      | $172912.50    | 0.05%             | 2030-07-17      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS L                       | First Quantum Minerals Ltd                                                       | CUSIP: 000000000<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |    400000 | PA      | $396250.00    | 0.11%             | 2024-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| AEGEA FINANCE SARL                             | Aegea Finance Sarl                                                               | CUSIP: 000000000<br>LEI: 213800V6WTKUT1XWIZ47 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $197840.00    | 0.06%             | 2029-05-20      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| The Federal Republic of Nigeria                | Nigeria Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    600000 | PA      | $413175.00    | 0.12%             | 2038-02-23      | Fixed         | 7.70%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                            | Petroleos Mexicanos                                                              | CUSIP: 71654QDF6<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |   1900000 | PA      | $1300265.00   | 0.38%             | 2060-01-28      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Kingdom of Bahrain                             | Bahrain Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300RODM1WN85LFQ95 | Long             | DBT              | NUSS              | BH        |    600000 | PA      | $621862.50    | 0.18%             | 2026-01-26      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| BBVA BANCOMER SA TEXAS                         | BBVA Bancomer SA/Texas                                                           | CUSIP: 000000000<br>LEI: 549300WIWQK5Q9MCUN92 | Long             | DBT              | CORP              | MX        |    600000 | PA      | $567300.00    | 0.16%             | 2033-01-18      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Republic of Turkey                             | Turkey Government International Bond                                             | CUSIP: 900123BB5<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    500000 | PA      | $440625.00    | 0.13%             | 2038-03-05      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BANCO DO BRASIL (CAYMAN)                       | Banco do Brasil SA/Cayman                                                        | CUSIP: 000000000<br>LEI: QE0Q0253K88YAGNPE356 | Long             | DBT              | CORP              | BR        |   1000000 | PA      | $1000000.00   | 0.29%             | 2024-06-18      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| ENERGEAN ISRAEL FINANCE                        | Energean Israel Finance Ltd                                                      | CUSIP: 000000000<br>LEI: 98450044QACBL3F8EB03 | Long             | DBT              | CORP              | IL        |    350000 | PA      | $327862.50    | 0.09%             | 2026-03-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                         | Brazilian Government International Bond                                          | CUSIP: 105756CC2<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |   1700000 | PA      | $1502162.50   | 0.43%             | 2030-06-12      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| Yapi ve Kredi Bankasi AS                       | Yapi ve Kredi Bankasi AS                                                         | CUSIP: 000000000<br>LEI: B85ZYWEZ5IZCZ2WNIO12 | Long             | DBT              | CORP              | TR        |    300000 | PA      | $292275.00    | 0.08%             | 2024-06-21      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| PETROBRAS GLOBAL FINANCE                       | Petrobras Global Finance BV                                                      | CUSIP: 71647NAV1<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |    350000 | PA      | $348600.00    | 0.10%             | 2025-01-27      | Fixed         | 5.30%                 | No            |                  2 | On Loan: —       |
| Republic of Zambia                             | Zambia Government International Bond                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | ZM        |    400000 | PA      | $201500.00    | 0.06%             | 2024-04-14      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| MILLICOM INTL CELLULAR                         | Millicom International Cellular SA                                               | CUSIP: 000000000<br>LEI: 549300CTHC1CP86P2G96 | Long             | DBT              | CORP              | LU        |    400000 | PA      | $338600.00    | 0.10%             | 2031-04-27      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| BANCO MERCANTIL DE NORTE                       | Banco Mercantil del Norte SA/Grand Cayman                                        | CUSIP: 000000000<br>LEI: 549300QTVYRPFHS0J362 | Long             | DBT              | CORP              | MX        |    300000 | PA      | $293212.50    | 0.08%             | 2024-09-27      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| ECOPETROL SA                                   | Ecopetrol SA                                                                     | CUSIP: 279158AS8<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |    500000 | PA      | $511900.00    | 0.15%             | 2033-01-13      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| SOUTHERN GAS CORRIDOR                          | Southern Gas Corridor CJSC                                                       | CUSIP: 000000000<br>LEI: 213800DG58KG59XY6318 | Long             | DBT              | CORP              | AZ        |   1000000 | PA      | $1027375.00   | 0.30%             | 2026-03-24      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Republic of Turkey                             | Turkey Government International Bond                                             | CUSIP: 900123CJ7<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    900000 | PA      | $794250.00    | 0.23%             | 2026-04-14      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Republic of Zambia                             | Zambia Government International Bond                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | ZM        |    600000 | PA      | $300000.00    | 0.09%             | 2027-07-30      | Fixed         | 8.97%                 | No            |                  2 | On Loan: No      |
| Adecoagro SA                                   | Adecoagro SA                                                                     | CUSIP: 000000000<br>LEI: 529900Q00UR5LFELO811 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $190975.00    | 0.06%             | 2027-09-21      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| COUNTRY GARDEN HLDGS                           | Country Garden Holdings Co Ltd                                                   | CUSIP: 000000000<br>LEI: 549300MGHLPT1EFHGF84 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $259000.00    | 0.07%             | 2026-07-12      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| Sands China Ltd                                | Sands China Ltd                                                                  | CUSIP: 80007RAE5<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |    800000 | PA      | $780000.00    | 0.23%             | 2028-08-08      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| ENERGEAN ISRAEL FINANCE                        | Energean Israel Finance Ltd                                                      | CUSIP: 000000000<br>LEI: 98450044QACBL3F8EB03 | Long             | DBT              | CORP              | IL        |    325000 | PA      | $298025.00    | 0.09%             | 2028-03-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Ecopetrol SA                                   | Ecopetrol SA                                                                     | CUSIP: 279158AJ8<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |    940000 | PA      | $673157.50    | 0.19%             | 2045-05-28      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| COSTA RICA GOVERNMENT                          | Costa Rica Government International Bond                                         | CUSIP: 000000000<br>LEI: 549300S1EK2VN6XVJP58 | Long             | DBT              | NUSS              | CR        |    600000 | PA      | $587362.50    | 0.17%             | 2045-03-12      | Fixed         | 7.16%                 | No            |                  2 | On Loan: No      |
| Wynn Macau Ltd                                 | Wynn Macau Ltd                                                                   | CUSIP: 000000000<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $192000.00    | 0.06%             | 2024-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                             | Ukraine Government International Bond                                            | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |   1400000 | PA      | $276500.00    | 0.08%             | 2034-09-25      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| ENDEAVOR MINING PLC                            | Endeavour Mining PLC                                                             | CUSIP: 000000000<br>LEI: 529900NI5MXQ91GHXR07 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $176725.00    | 0.05%             | 2026-10-14      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STILLWATER MINING CO                           | Stillwater Mining Co                                                             | CUSIP: 000000000<br>LEI: 6354007DPCY4ZN2MRR73 | Long             | DBT              | CORP              | US        |    400000 | PA      | $342000.00    | 0.10%             | 2029-11-16      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                           | Colombia Government International Bond                                           | CUSIP: 195325BQ7<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    400000 | PA      | $393825.00    | 0.11%             | 2024-02-26      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AI CANDELARIA SPAIN SLU                        | AI Candelaria Spain SA                                                           | CUSIP: 000000000<br>LEI: 213800L5KA2MJ5FKRZ02 | Long             | DBT              | CORP              | ES        |    400000 | PA      | $311000.00    | 0.09%             | 2033-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BANCO DO BRASIL (CAYMAN)                       | Banco do Brasil SA/Cayman                                                        | CUSIP: 000000000<br>LEI: QE0Q0253K88YAGNPE356 | Long             | DBT              | CORP              | BR        |   1000000 | PA      | $905000.00    | 0.26%             | 2024-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| STONECO LTD                                    | StoneCo Ltd                                                                      | CUSIP: 000000000<br>LEI: 549300O1A9LEF0XZCR35 | Long             | DBT              | CORP              | KY        |    300000 | PA      | $226050.00    | 0.07%             | 2028-06-16      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| ACCESS BANK PLC                                | Access Bank PLC                                                                  | CUSIP: 000000000<br>LEI: 029200328C3N9YI2D660 | Long             | DBT              | CORP              | NG        |    400000 | PA      | $329950.00    | 0.10%             | 2026-10-07      | Fixed         | 9.13%                 | No            |                  2 | On Loan: No      |
| BANK OF COMMUNICATIONS                         | Bank of Communications Co Ltd                                                    | CUSIP: 000000000<br>LEI: 549300AX1UM10U30HK09 | Long             | DBT              | CORP              | CN        |   1500000 | PA      | $1455000.00   | 0.42%             | 2025-11-18      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| JGSH PHILIPPINES LTD                           | JGSH Philippines Ltd                                                             | CUSIP: 000000000<br>LEI: 984500C4564DDC8F1072 | Long             | DBT              | CORP              | VG        |    400000 | PA      | $364825.00    | 0.11%             | 2030-07-09      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| AYDEM YENILENEBILIR ENER                       | Aydem Yenilenebilir Enerji AS                                                    | CUSIP: 000000000<br>LEI: 9845009C50EDA74OA532 | Long             | DBT              | CORP              | TR        |    400000 | PA      | $330575.00    | 0.10%             | 2027-02-02      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| BBVA BANCOMER SA TEXAS                         | BBVA Bancomer SA/Texas                                                           | CUSIP: 000000000<br>LEI: 549300WIWQK5Q9MCUN92 | Long             | DBT              | CORP              | MX        |    350000 | PA      | $335956.25    | 0.10%             | 2034-09-13      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| KINGDOM OF MOROCCO                             | Morocco Government International Bond                                            | CUSIP: 000000000<br>LEI: 529900F3MBW9XY5K1X07 | Long             | DBT              | NUSS              | MA        |    400000 | PA      | $319500.00    | 0.09%             | 2032-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| OIL & GAS HOLDING                              | Oil and Gas Holding Co BSCC/The                                                  | CUSIP: 67778NAA6<br>LEI: 549300OBH16L6TS6IW50 | Long             | DBT              | CORP              | BH        |    400000 | PA      | $414825.00    | 0.12%             | 2027-10-25      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| FWD GROUP LTD                                  | FWD Group Ltd                                                                    | CUSIP: 000000000<br>LEI: 254900DONRZV54KDYN04 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $381825.00    | 0.11%             | 2023-06-15      | Fixed         | 8.05%                 | No            |                  2 | On Loan: No      |
| MEDCO BELL PTE LTD                             | Medco Bell Pte Ltd                                                               | CUSIP: 000000000<br>LEI: 2549003PNDCWIWGKC768 | Long             | DBT              | CORP              | SG        |    400000 | PA      | $380000.00    | 0.11%             | 2027-01-30      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| KINGDOM OF BAHRAIN                             | Bahrain Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300RODM1WN85LFQ95 | Long             | DBT              | NUSS              | BH        |    600000 | PA      | $528000.00    | 0.15%             | 2034-05-18      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| SANDS CHINA LTD                                | Sands China Ltd                                                                  | CUSIP: 80007RAN5<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |    300000 | PA      | $262125.00    | 0.08%             | 2027-03-08      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| GEMS MENASA KY LTD/GEMS                        | GEMS MENASA Cayman Ltd / GEMS Education Delaware LLC                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    400000 | PA      | $393450.00    | 0.11%             | 2026-07-31      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| SINGAPORE AIRLINES LTD                         | Singapore Airlines Ltd                                                           | CUSIP: 000000000<br>LEI: 549300ZG62N2599PWR15 | Long             | DBT              | CORP              | SG        |    200000 | PA      | $185452.00    | 0.05%             | 2026-07-20      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                             | Ukraine Government International Bond                                            | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |    800000 | PA      | $157200.00    | 0.05%             | 2031-05-21      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| SHENHUA OVERSEAS CAPITAL                       | China Shenhua Overseas Capital Co Ltd                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | VG        |    200000 | PA      | $194040.00    | 0.06%             | 2025-01-20      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| COUNTRY GARDEN HLDGS                           | Country Garden Holdings Co Ltd                                                   | CUSIP: 000000000<br>LEI: 549300MGHLPT1EFHGF84 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $332325.00    | 0.10%             | 2024-04-08      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GUARA NORTE SARL                               | Guara Norte Sarl                                                                 | CUSIP: 000000000<br>LEI: 549300U2I4L03BBA3485 | Long             | DBT              | CORP              | LU        |    364228 | PA      | $328943.41    | 0.10%             | 2034-06-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| CBB INTL SUKUK PROG WLL                        | CBB International Sukuk Programme Co WLL                                         | CUSIP: 12482TAC2<br>LEI: 5493006IRJ2IWXTNIM16 | Long             | DBT              | CORP              | BH        |     75000 | PA      | $67818.75     | 0.02%             | 2029-05-18      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| KUWAIT PROJECTS CO SPC L                       | Kuwait Projects Co SPC Ltd                                                       | CUSIP: 000000000<br>LEI: 254900BQTJEWBK1TAN59 | Long             | DBT              | CORP              | AE        |    200000 | PA      | $169975.00    | 0.05%             | 2027-02-23      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CEMEX SAB DE CV                                | Cemex SAB de CV                                                                  | CUSIP: 000000000<br>LEI: 549300RIG2CXWN6IV731 | Long             | DBT              | CORP              | MX        |    700000 | PA      | $588875.00    | 0.17%             | 2031-07-11      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| KINGDOM OF BAHRAIN                             | Bahrain Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300RODM1WN85LFQ95 | Long             | DBT              | NUSS              | BH        |    600000 | PA      | $528750.00    | 0.15%             | 2033-01-25      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COUNTRY GARDEN HLDGS                           | Country Garden Holdings Co Ltd                                                   | CUSIP: 000000000<br>LEI: 549300MGHLPT1EFHGF84 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $151500.00    | 0.04%             | 2025-05-27      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| GLOBE TELECOM INC                              | Globe Telecom Inc                                                                | CUSIP: 000000000<br>LEI: 254900GPWI1816YIM923 | Long             | DBT              | CORP              | PH        |    400000 | PA      | $367450.00    | 0.11%             | 2026-08-02      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| LATAM AIRLINES GROUP SA                        | Latam Airlines Group SA                                                          | CUSIP: 000000000<br>LEI: 549300HX3UUDPEFTG707 | Long             | DBT              | CORP              | CL        |    400000 | PA      | $429500.00    | 0.12%             | 2029-10-15      | Fixed         | 13.38%                | No            |                  2 | On Loan: No      |
| RIYAD TIER 1 SUKUK                             | Riyad Tier 1 Sukuk Ltd                                                           | CUSIP: 000000000<br>LEI: 5493000887R2TI3PUB86 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $367075.00    | 0.11%             | 2027-02-16      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF KENYA                              | Republic of Kenya Government International Bond                                  | CUSIP: 000000000<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |    400000 | PA      | $308000.00    | 0.09%             | 2034-01-23      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| TURKIYE VAKIFLAR BANKASI                       | Turkiye Vakiflar Bankasi TAO                                                     | CUSIP: 000000000<br>LEI: 789000KAIHOLSQKQ9858 | Long             | DBT              | CORP              | TR        |    200000 | PA      | $200037.50    | 0.06%             | 2024-03-28      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| KLABIN AUSTRIA GMBH                            | Klabin Austria GmbH                                                              | CUSIP: 000000000<br>LEI: 984500578YEA8DD41B09 | Long             | DBT              | CORP              | AT        |    200000 | PA      | $163000.00    | 0.05%             | 2031-01-12      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| LENOVO GROUP LTD                               | Lenovo Group Ltd                                                                 | CUSIP: 000000000<br>LEI: 254900VUZRGD5U73RE46 | Long             | DBT              | CORP              | HK        |    600000 | PA      | $600768.00    | 0.17%             | 2025-04-24      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| SHUI ON DEVELOPMENT HLDG                       | Shui On Development Holding Ltd                                                  | CUSIP: 000000000<br>LEI: 3003005J4J3G9CZFDK52 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $184662.50    | 0.05%             | 2024-08-24      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| PETROBRAS GLOBAL FINANCE                       | Petrobras Global Finance BV                                                      | CUSIP: 71647NAS8<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |    400000 | PA      | $416800.00    | 0.12%             | 2027-01-17      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| YPF SOCIEDAD ANONIMA                           | YPF SA                                                                           | CUSIP: 000000000<br>LEI: 5493003N7447U18U5U53 | Long             | DBT              | CORP              | AR        |    500000 | PA      | $491037.50    | 0.14%             | 2026-02-12      | Variable      | 9.00%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                           | Colombia Government International Bond                                           | CUSIP: 195325BR5<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |   1200000 | PA      | $910800.00    | 0.26%             | 2044-02-26      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| EMBRAER NETHERLANDS FINA                       | Embraer Netherlands Finance BV                                                   | CUSIP: 29082HAB8<br>LEI: 724500PBR8LR26XBSP67 | Long             | DBT              | CORP              | NL        |    300000 | PA      | $294375.00    | 0.09%             | 2027-02-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: —       |
| CEMEX SAB DE CV                                | Cemex SAB de CV                                                                  | CUSIP: 000000000<br>LEI: 549300RIG2CXWN6IV731 | Long             | DBT              | CORP              | MX        |    400000 | PA      | $373575.00    | 0.11%             | 2030-09-17      | Fixed         | 5.20%                 | No            |                  2 | On Loan: —       |
| CHAMPION PATH HOLDINGS                         | Champion Path Holdings Ltd                                                       | CUSIP: 000000000<br>LEI: 549300QWJFPV5413KI88 | Long             | DBT              | CORP              | VG        |    200000 | PA      | $180500.00    | 0.05%             | 2026-01-27      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ITAU UNIBANCO HLDG SA/KY                       | Itau Unibanco Holding SA/Cayman Island                                           | CUSIP: 46556MAM4<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | DBT              | CORP              | BR        |    400000 | PA      | $382000.00    | 0.11%             | 2029-11-21      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CAS CAPITAL NO1 LTD                            | CAS Capital No 1 Ltd                                                             | CUSIP: 000000000<br>LEI: 254900REJZW5L9QRTD85 | Long             | DBT              | CORP              | VG        |    400000 | PA      | $353200.00    | 0.10%             | 2026-07-12      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GRUPO AVAL LTD                                 | Grupo Aval Ltd                                                                   | CUSIP: 000000000<br>LEI: 549300J4FW1ELLQ80113 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $329480.00    | 0.10%             | 2030-02-04      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Grupo Bimbo SAB de CV                          | Grupo Bimbo SAB de CV                                                            | CUSIP: 000000000<br>LEI: 5493000RIXURZEBFEV60 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $198965.00    | 0.06%             | 2023-04-17      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| TURKIYE IS BANKASI A.S                         | Turkiye Is Bankasi AS                                                            | CUSIP: 000000000<br>LEI: 789000FIRX9MDN0KTM91 | Long             | DBT              | CORP              | TR        |    400000 | PA      | $374075.00    | 0.11%             | 2030-01-22      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ECUADOR                            | Ecuador Government International Bond                                            | CUSIP: 000000000<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |    542097 | PA      | $230492.87    | 0.07%             | 2030-07-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                            | Petroleos Mexicanos                                                              | CUSIP: 71654QCG5<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |   2050000 | PA      | $1931663.75   | 0.56%             | 2027-03-13      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                            | Petroleos Mexicanos                                                              | CUSIP: 71643VAB1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |   3450000 | PA      | $2854875.00   | 0.82%             | 2032-02-16      | Fixed         | 6.70%                 | No            |                  2 | On Loan: No      |
| BANCO MERCANTIL DE NORTE                       | Banco Mercantil del Norte SA/Grand Cayman                                        | CUSIP: 000000000<br>LEI: 549300QTVYRPFHS0J362 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $176287.50    | 0.05%             | 2032-01-24      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| OMAN SOVEREIGN SUKUK                           | Oman Sovereign Sukuk Co                                                          | CUSIP: 000000000<br>LEI: 549300KM6RUZQLK8LU36 | Long             | DBT              | NUSS              | OM        |   1000000 | PA      | $993750.00    | 0.29%             | 2024-06-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| BANK NEGARA INDONESIA                          | Bank Negara Indonesia Persero Tbk PT                                             | CUSIP: 000000000<br>LEI: 549300HZ8J3MLVXQ8F85 | Long             | DBT              | CORP              | ID        |    200000 | PA      | $171522.00    | 0.05%             | 2027-03-24      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| AKBANK TAS                                     | Akbank TAS                                                                       | CUSIP: 000000000<br>LEI: 789000TUMN63Z28TJ497 | Long             | DBT              | CORP              | TR        |    400000 | PA      | $358950.00    | 0.10%             | 2031-06-22      | Fixed         | 6.80%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa                       | Republic of South Africa Government International Bond                           | CUSIP: 836205AV6<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    600000 | PA      | $436500.00    | 0.13%             | 2046-10-12      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BANCO BRADESCO (CAYMAN)                        | Banco Bradesco SA/Cayman Islands                                                 | CUSIP: 05947LAZ1<br>LEI: N/A                  | Long             | DBT              | CORP              | BR        |    400000 | PA      | $383000.00    | 0.11%             | 2025-01-27      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| RUMO LUXEMBOURG SARL                           | Rumo Luxembourg Sarl                                                             | CUSIP: 000000000<br>LEI: 222100HOIQFT7YOSPB46 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $165162.50    | 0.05%             | 2032-01-18      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| BIDVEST GROUP UK PLC                           | Bidvest Group UK PLC/The                                                         | CUSIP: 000000000<br>LEI: 984500A80C777F496830 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $366075.00    | 0.11%             | 2026-09-23      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| MELCO RESORTS FINANCE                          | Melco Resorts Finance Ltd                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    400000 | PA      | $362825.00    | 0.10%             | 2027-07-17      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Republic of Ghana                              | Ghana Government International Bond                                              | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |    600000 | PA      | $215250.00    | 0.06%             | 2049-06-16      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| COUNTRY GARDEN HLDGS                           | Country Garden Holdings Co Ltd                                                   | CUSIP: 000000000<br>LEI: 549300MGHLPT1EFHGF84 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $230000.00    | 0.07%             | 2031-01-12      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| OMAN GOV INTERNTL BOND                         | Oman Government International Bond                                               | CUSIP: 000000000<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |   1000000 | PA      | $977062.50    | 0.28%             | 2026-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                         | Egypt Government International Bond                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    850000 | PA      | $565250.00    | 0.16%             | 2048-02-21      | Fixed         | 7.90%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS L                       | First Quantum Minerals Ltd                                                       | CUSIP: 000000000<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |    800000 | PA      | $771580.00    | 0.22%             | 2027-10-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| Republic of South Africa                       | Republic of South Africa Government International Bond                           | CUSIP: 836205AU8<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |   1000000 | PA      | $911250.00    | 0.26%             | 2028-10-12      | Fixed         | 4.30%                 | No            |                  2 | On Loan: —       |
| MERSIN ULUSLARARASI LIMA                       | Mersin Uluslararasi Liman Isletmeciligi AS                                       | CUSIP: 000000000<br>LEI: 635400DAFN6NT43HM530 | Long             | DBT              | CORP              | TR        |    400000 | PA      | $383325.00    | 0.11%             | 2024-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SHARJAH SUKUK PROGRAM                          | Sharjah Sukuk Program Ltd                                                        | CUSIP: 000000000<br>LEI: 549300N3BQ9P6RRMVV02 | Long             | DBT              | NUSS              | KY        |    400000 | PA      | $362200.00    | 0.10%             | 2027-06-10      | Fixed         | 2.94%                 | No            |                  2 | On Loan: No      |
| NWD FINANCE (BVI) LTD                          | NWD Finance BVI Ltd                                                              | CUSIP: 000000000<br>LEI: 25490076V8K09HMNCT88 | Long             | DBT              | CORP              | VG        |    600000 | PA      | $479550.00    | 0.14%             | 2028-03-10      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| NBM US Holdings Inc                            | NBM US Holdings Inc                                                              | CUSIP: 000000000<br>LEI: 5493008K1QMSP0J8UC24 | Long             | DBT              | CORP              | US        |    400000 | PA      | $398184.00    | 0.12%             | 2026-05-14      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| INTERCEMENT FIN OP BV                          | InterCement Financial Operations BV                                              | CUSIP: 000000000<br>LEI: 213800IVMAMWIHPCZJ07 | Long             | DBT              | CORP              | NL        |    400000 | PA      | $315000.00    | 0.09%             | 2024-07-17      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| KINGDOM OF JORDAN                              | Jordan Government International Bond                                             | CUSIP: 000000000<br>LEI: 5493000JZ4MYPVMBVN50 | Long             | DBT              | NUSS              | JO        |    900000 | PA      | $825750.00    | 0.24%             | 2030-07-07      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| PETROBRAS GLOBAL FINANCE                       | Petrobras Global Finance BV                                                      | CUSIP: 71647NBG3<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |    300000 | PA      | $264435.00    | 0.08%             | 2050-06-03      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| KINGDOM OF MOROCCO                             | Morocco Government International Bond                                            | CUSIP: 000000000<br>LEI: 529900F3MBW9XY5K1X07 | Long             | DBT              | NUSS              | MA        |    600000 | PA      | $409500.00    | 0.12%             | 2050-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ALSEA S.A.                                     | Alsea SAB de CV                                                                  | CUSIP: 000000000<br>LEI: 4469000001BJLPKNUN21 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $201725.00    | 0.06%             | 2026-12-14      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| IHS HOLDING LTD                                | IHS Holding Ltd                                                                  | CUSIP: 000000000<br>LEI: 213800CLGMKL63VKTD94 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $167670.00    | 0.05%             | 2026-11-29      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF NIGERIA                            | Nigeria Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    800000 | PA      | $620000.00    | 0.18%             | 2028-09-28      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| GREENKO POWER II LTD                           | Greenko Power II Ltd                                                             | CUSIP: 000000000<br>LEI: 254900YYA4B6O2O4JM12 | Long             | DBT              | CORP              | MU        |    573000 | PA      | $494212.50    | 0.14%             | 2028-12-13      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Dominican Republic                             | Dominican Republic International Bond                                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |   1000000 | PA      | $914562.50    | 0.26%             | 2045-01-27      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| COUNTRY GARDEN HLDGS                           | Country Garden Holdings Co Ltd                                                   | CUSIP: 000000000<br>LEI: 549300MGHLPT1EFHGF84 | Long             | DBT              | CORP              | KY        |   1000000 | PA      | $748750.00    | 0.22%             | 2026-04-08      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                           | Colombia Government International Bond                                           | CUSIP: 195325DQ5<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |   1450000 | PA      | $1021615.63   | 0.30%             | 2049-05-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF TURKEY                             | Turkey Government International Bond                                             | CUSIP: 900123CZ1<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |   1200000 | PA      | $1143000.00   | 0.33%             | 2025-10-14      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| BANCOLOMBIA SA                                 | Bancolombia SA                                                                   | CUSIP: 05968LAM4<br>LEI: 54930052NWJRPNMP1W58 | Long             | DBT              | CORP              | CO        |    600000 | PA      | $567112.50    | 0.16%             | 2025-01-29      | Fixed         | 3.00%                 | No            |                  2 | On Loan: —       |
| FORTUNE STAR BVI LTD                           | Fortune Star BVI Ltd                                                             | CUSIP: 000000000<br>LEI: 2549008CU8NYQQRSNU62 | Long             | DBT              | CORP              | VG        |    200000 | PA      | $163700.00    | 0.05%             | 2026-05-18      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SMC GLOBAL POWER HLDGS                         | SMC Global Power Holdings Corp                                                   | CUSIP: 000000000<br>LEI: 549300HBCE80QXKII590 | Long             | DBT              | CORP              | PH        |    400000 | PA      | $368200.00    | 0.11%             | 2024-04-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| HENDERSON LAND MTN LTD                         | Henderson Land MTN Ltd                                                           | CUSIP: 000000000<br>LEI: 25490062URZHNZQBTW39 | Long             | DBT              | CORP              | VG        |    200000 | PA      | $186412.50    | 0.05%             | 2025-05-27      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                         | Brazilian Government International Bond                                          | CUSIP: 105756BW9<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |   1700000 | PA      | $1331631.25   | 0.38%             | 2045-01-27      | Fixed         | 5.00%                 | No            |                  2 | On Loan: —       |
| COSTA RICA GOVERNMENT                          | Costa Rica Government International Bond                                         | CUSIP: 000000000<br>LEI: 549300S1EK2VN6XVJP58 | Long             | DBT              | NUSS              | CR        |    650000 | PA      | $628793.75    | 0.18%             | 2044-04-04      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Republic of Turkey                             | Turkey Government International Bond                                             | CUSIP: 900123AT7<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    750000 | PA      | $739687.50    | 0.21%             | 2034-02-14      | Fixed         | 8.00%                 | No            |                  2 | On Loan: —       |
| MGM CHINA HOLDINGS LTD                         | MGM China Holdings Ltd                                                           | CUSIP: 000000000<br>LEI: 529900VZFN87OS7WJM66 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $378075.00    | 0.11%             | 2026-05-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ECOPETROL SA                                   | Ecopetrol SA                                                                     | CUSIP: 279158AQ2<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |    405000 | PA      | $279956.25    | 0.08%             | 2051-11-02      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| MTN MAURITIUS INVSTMENTS                       | MTN Mauritius Investments Ltd                                                    | CUSIP: 000000000<br>LEI: 2549009PQD415OQIR074 | Long             | DBT              | CORP              | MU        |    200000 | PA      | $202537.50    | 0.06%             | 2026-10-13      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF TURKEY                             | Turkey Government International Bond                                             | CUSIP: 900123CY4<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |   1100000 | PA      | $878625.00    | 0.25%             | 2030-03-13      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| OMAN SOVEREIGN SUKUK                           | Oman Sovereign Sukuk Co                                                          | CUSIP: 000000000<br>LEI: 549300KM6RUZQLK8LU36 | Long             | DBT              | NUSS              | OM        |    800000 | PA      | $822000.00    | 0.24%             | 2025-10-31      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| OFFICE CHERIFIEN DES PHO                       | OCP SA                                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | MA        |    400000 | PA      | $387700.00    | 0.11%             | 2025-10-22      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PARAGUAY                           | Paraguay Government International Bond                                           | CUSIP: 000000000<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |    600000 | PA      | $534112.50    | 0.15%             | 2050-03-30      | Fixed         | 5.40%                 | No            |                  2 | On Loan: —       |
| PETROBRAS GLOBAL FINANCE                       | Petrobras Global Finance BV                                                      | CUSIP: 71647NBD0<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |    400000 | PA      | $362450.00    | 0.10%             | 2049-03-19      | Fixed         | 6.90%                 | No            |                  2 | On Loan: —       |
| Republic of Turkey                             | Turkey Government International Bond                                             | CUSIP: 900123CT5<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |   1400000 | PA      | $1309000.00   | 0.38%             | 2029-04-26      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| USIMINAS INTERNATIONAL                         | Usiminas International Sarl                                                      | CUSIP: 000000000<br>LEI: 529900KLYX6QPXVIVP43 | Long             | DBT              | CORP              | LU        |    400000 | PA      | $392075.00    | 0.11%             | 2026-07-18      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| TENGIZCHEVROIL FIN CO IN                       | Tengizchevroil Finance Co International Ltd                                      | CUSIP: 000000000<br>LEI: 5493001VEV2XTJIBZH31 | Long             | DBT              | CORP              | BM        |    400000 | PA      | $358000.00    | 0.10%             | 2025-08-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| COMMERCIAL BANK PSQC/THE                       | Commercial Bank PSQC/The                                                         | CUSIP: 000000000<br>LEI: 2138004FUUD4I7X8H721 | Long             | DBT              | CORP              | QA        |    400000 | PA      | $369200.00    | 0.11%             | 2026-03-03      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Republic of Sri Lanka                          | Sri Lanka Government International Bond                                          | CUSIP: 000000000<br>LEI: 254900HXCCIOHM74FA02 | Long             | DBT              | NUSS              | LK        |    600000 | PA      | $203737.50    | 0.06%             | 2024-03-14      | Fixed         | 6.85%                 | No            |                  2 | On Loan: No      |
| CENTRAIS ELETRICAS BRASI                       | Centrais Eletricas Brasileiras SA                                                | CUSIP: 000000000<br>LEI: 254900I8KYDELP4B4Z08 | Long             | DBT              | CORP              | BR        |    200000 | PA      | $189850.00    | 0.05%             | 2025-02-04      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| EMBRAER NETHERLANDS FINA                       | Embraer Netherlands Finance BV                                                   | CUSIP: 000000000<br>LEI: 724500PBR8LR26XBSP67 | Long             | DBT              | CORP              | NL        |    400000 | PA      | $409200.00    | 0.12%             | 2028-01-17      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| LI & FUNG LTD                                  | Li & Fung Ltd                                                                    | CUSIP: 000000000<br>LEI: 254900B5ACVOJC6VNM71 | Long             | DBT              | CORP              | BM        |    200000 | PA      | $186912.50    | 0.05%             | 2025-08-18      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| INVEST ENERGY RES LTD                          | Investment Energy Resources Ltd                                                  | CUSIP: 000000000<br>LEI: 254900A71Y7WHN7L5K89 | Long             | DBT              | CORP              | BM        |    400000 | PA      | $381075.00    | 0.11%             | 2029-04-26      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CHINA HONGQIAO GROUP LTD                       | China Hongqiao Group Ltd                                                         | CUSIP: 000000000<br>LEI: 3003009Q4IBFSDE24571 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $195600.00    | 0.06%             | 2024-06-08      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Kingdom of Jordan                              | Jordan Government International Bond                                             | CUSIP: 000000000<br>LEI: 5493000JZ4MYPVMBVN50 | Long             | DBT              | NUSS              | JO        |    400000 | PA      | $397075.00    | 0.11%             | 2026-01-29      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| CABLE ONDA SA                                  | Telecomunicaciones Digitales SA                                                  | CUSIP: 000000000<br>LEI: 5299008Q5GONPYNF9J32 | Long             | DBT              | CORP              | PA        |    200000 | PA      | $176125.00    | 0.05%             | 2030-01-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MINERVA LUXEMBOURG SA                          | Minerva Luxembourg SA                                                            | CUSIP: 000000000<br>LEI: 222100NM3G3RCPGZ2Z17 | Long             | DBT              | CORP              | LU        |    600000 | PA      | $505620.00    | 0.15%             | 2031-03-18      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BlackRock Funds III                            | BlackRock Cash Funds: Institutional, SL Agency Shares                            | CUSIP: 066922519<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |  29444003 | NS      | $29461669.61  | 8.51%             |  |  |  | No            |                  1 | On Loan: No      |
| RUMO LUXEMBOURG SARL                           | Rumo Luxembourg Sarl                                                             | CUSIP: 000000000<br>LEI: 222100HOIQFT7YOSPB46 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $192040.00    | 0.06%             | 2028-01-10      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| EASY TACTIC LTD                                | Easy Tactic Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300WYFMC41MKE6E16 | Long             | DBT              | CORP              | VG        |    726250 | PA      | $217875.00    | 0.06%             | 2028-07-11      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CENTRAL PLAZA DEV LTD                          | Central Plaza Development Ltd                                                    | CUSIP: 000000000<br>LEI: 254900HLDKFNM2WUVJ54 | Long             | DBT              | CORP              | VG        |    400000 | PA      | $338575.00    | 0.10%             | 2024-11-14      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NETWORK I2I LTD                                | Network i2i Ltd                                                                  | CUSIP: V6703DAA2<br>LEI: 2549003L8M1FGHLHOX45 | Long             | DBT              | CORP              | MU        |    600000 | PA      | $577237.50    | 0.17%             | 2025-01-15      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| GREENKO WIND PROJECTS MU                       | Greenko Wind Projects Mauritius Ltd                                              | CUSIP: 000000000<br>LEI: 254900MSUXE1FF83DP82 | Long             | DBT              | CORP              | MU        |    400000 | PA      | $376575.00    | 0.11%             | 2025-04-06      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ARABIAN CENTRES SUKUK                          | Arabian Centres Sukuk Ltd                                                        | CUSIP: 000000000<br>LEI: 5493003T55GS691ILI42 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $195350.00    | 0.06%             | 2024-11-26      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ITAU UNIBANCO HLDG SA/KY                       | Itau Unibanco Holding SA/Cayman Island                                           | CUSIP: 46556KAB2<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | DBT              | CORP              | BR        |    200000 | PA      | $193115.00    | 0.06%             | 2025-01-24      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| PETROBRAS GLOBAL FINANCE                       | Petrobras Global Finance BV                                                      | CUSIP: 71647NAK5<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |    516000 | PA      | $503370.90    | 0.15%             | 2044-03-17      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| SINO OCEAN LD TRS FIN II                       | Sino-Ocean Land Treasure Finance II Ltd                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | VG        |    200000 | PA      | $155675.00    | 0.04%             | 2027-02-04      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF KENYA                              | Republic of Kenya Government International Bond                                  | CUSIP: 000000000<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |    600000 | PA      | $468000.00    | 0.14%             | 2048-02-28      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| AUB SUKUK LTD                                  | AUB Sukuk Ltd                                                                    | CUSIP: 000000000<br>LEI: 549300FXQ5JG3SV47Q86 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $365950.00    | 0.11%             | 2026-09-09      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| YPF SOCIEDAD ANONIMA                           | YPF SA                                                                           | CUSIP: 000000000<br>LEI: 5493003N7447U18U5U53 | Long             | DBT              | CORP              | AR        |    308000 | PA      | $295064.00    | 0.09%             | 2024-04-04      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| CBB INTL SUKUK PROG WLL                        | CBB International Sukuk Programme Co WLL                                         | CUSIP: 000000000<br>LEI: 5493006IRJ2IWXTNIM16 | Long             | DBT              | NUSS              | BH        |    550000 | PA      | $497337.50    | 0.14%             | 2029-05-18      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                         | Brazilian Government International Bond                                          | CUSIP: 105756CD0<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |   1000000 | PA      | $950500.00    | 0.27%             | 2025-06-06      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| BANGKOK BANK PCL/HK                            | Bangkok Bank PCL/Hong Kong                                                       | CUSIP: 000000000<br>LEI: 549300CCL2BKJGMYXV60 | Long             | DBT              | CORP              | TH        |    400000 | PA      | $384500.00    | 0.11%             | 2025-09-23      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAZINE MUSTESARL                               | Hazine Mustesarligi Varlik Kiralama AS                                           | CUSIP: 000000000<br>LEI: 6354003QFJP7RDXEOZ20 | Long             | DBT              | CORP              | TR        |   1200000 | PA      | $1083600.00   | 0.31%             | 2026-06-22      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| NATURA &CO LUX HLD SARL                        | Natura &Co Luxembourg Holdings Sarl                                              | CUSIP: 000000000<br>LEI: 54930074AZRQQPMINM11 | Long             | DBT              | CORP              | LU        |    400000 | PA      | $350130.00    | 0.10%             | 2029-04-19      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| INDIKA ENERGY CAPITAL IV                       | Indika Energy Capital IV Pte Ltd                                                 | CUSIP: 000000000<br>LEI: 254900LQ197HY24XVH34 | Long             | DBT              | CORP              | SG        |    350000 | PA      | $348250.00    | 0.10%             | 2025-10-22      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Government of Jamaica                          | Jamaica Government International Bond                                            | CUSIP: 470160AV4<br>LEI: 529900Y93KNSXZI8KK56 | Long             | DBT              | NUSS              | JM        |    600000 | PA      | $717300.00    | 0.21%             | 2039-03-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: —       |
| Petroleos Mexicanos                            | Petroleos Mexicanos                                                              | CUSIP: 71654QBW1<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    600000 | PA      | $558150.00    | 0.16%             | 2026-01-23      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| COUNTRY GARDEN HLDGS                           | Country Garden Holdings Co Ltd                                                   | CUSIP: 000000000<br>LEI: 549300MGHLPT1EFHGF84 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $275000.00    | 0.08%             | 2025-10-22      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| JSW STEEL LTD                                  | JSW Steel Ltd                                                                    | CUSIP: 000000000<br>LEI: 335800EK6HZSC4CVAJ09 | Long             | DBT              | CORP              | IN        |    200000 | PA      | $167912.50    | 0.05%             | 2032-04-05      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SRI LANKA                          | Sri Lanka Government International Bond                                          | CUSIP: 000000000<br>LEI: 254900HXCCIOHM74FA02 | Long             | DBT              | NUSS              | LK        |    400000 | PA      | $134325.00    | 0.04%             | 2030-03-28      | Fixed         | 7.55%                 | No            |                  2 | On Loan: No      |
| OMAN GOV INTERNTL BOND                         | Oman Government International Bond                                               | CUSIP: 000000000<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |   1000000 | PA      | $996750.00    | 0.29%             | 2027-03-08      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SANDS CHINA LTD                                | Sands China Ltd                                                                  | CUSIP: 80007RAK1<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $377240.00    | 0.11%             | 2026-01-08      | Fixed         | 4.30%                 | No            |                  2 | On Loan: —       |
| HAZINE MUSTESARLIGI VARL                       | Hazine Mustesarligi Varlik Kiralama AS                                           | CUSIP: 000000000<br>LEI: 6354003QFJP7RDXEOZ20 | Long             | DBT              | NUSS              | TR        |   1400000 | PA      | $1442000.00   | 0.42%             | 2025-11-13      | Fixed         | 9.76%                 | No            |                  2 | On Loan: No      |
| METINVEST BV                                   | Metinvest BV                                                                     | CUSIP: 000000000<br>LEI: 635400TMCKVEU87EJ582 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $98475.00     | 0.03%             | 2029-10-17      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA                           | Colombia Government International Bond                                           | CUSIP: 195325EA9<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    600000 | PA      | $387600.00    | 0.11%             | 2042-02-22      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| SEASPAN CORP                                   | Seaspan Corp                                                                     | CUSIP: 000000000<br>LEI: 5493007Z8Q1H45KT7W98 | Long             | DBT              | CORP              | MH        |    400000 | PA      | $300620.00    | 0.09%             | 2029-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Republic of Turkey                             | Turkey Government International Bond                                             | CUSIP: 900123AW0<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |   1570000 | PA      | $1558225.00   | 0.45%             | 2025-02-05      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| NATURA COSMETICOS SA                           | Natura Cosmeticos SA                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BR        |    400000 | PA      | $330080.00    | 0.10%             | 2028-05-03      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| B2W DIGITAL LUX SARL                           | B2W Digital Lux Sarl                                                             | CUSIP: 000000000<br>LEI: 222100KMO43GQ28M6N31 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $32000.00     | 0.01%             | 2030-12-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FIN DEPT GOVT SHARJAH                          | Finance Department Government of Sharjah                                         | CUSIP: 000000000<br>LEI: 254900ZNL8O3F1CLJO24 | Long             | DBT              | NUSS              | AE        |    500000 | PA      | $327281.25    | 0.09%             | 2050-07-28      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ENN CLEAN ENERGY                               | ENN Clean Energy International Investment Ltd                                    | CUSIP: 000000000<br>LEI: 3003009YZ3S5V395NR77 | Long             | DBT              | CORP              | VG        |    400000 | PA      | $360500.00    | 0.10%             | 2026-05-12      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Pampa Energia SA                               | Pampa Energia SA                                                                 | CUSIP: 000000000<br>LEI: 254900QNIK0CVURGML24 | Long             | DBT              | CORP              | AR        |    250000 | PA      | $235343.75    | 0.07%             | 2027-01-24      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Kosmos Energy Ltd                              | Kosmos Energy Ltd                                                                | CUSIP: 000000000<br>LEI: 213800YDFJ3OT9B5P157 | Long             | DBT              | CORP              | US        |    400000 | PA      | $359946.00    | 0.10%             | 2026-04-04      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| FEDERAL REP OF ETHIOPIA                        | Ethiopia International Bond                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | ET        |    600000 | PA      | $400612.50    | 0.12%             | 2024-12-11      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF TURKEY                             | Turkey Government International Bond                                             | CUSIP: 900123DD9<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    900000 | PA      | $735750.00    | 0.21%             | 2033-09-20      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CBB INTERNATIONAL SUK 7                        | CBB International Sukuk Co 7 SPC                                                 | CUSIP: 000000000<br>LEI: 549300W1SSDOZGRC5Z85 | Long             | DBT              | NUSS              | BH        |    400000 | PA      | $416075.00    | 0.12%             | 2025-10-05      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| TURKIYE VAKIFLAR BANKASI                       | Turkiye Vakiflar Bankasi TAO                                                     | CUSIP: 000000000<br>LEI: 789000KAIHOLSQKQ9858 | Long             | DBT              | CORP              | TR        |    200000 | PA      | $177350.00    | 0.05%             | 2026-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PETROBRAS GLOBAL FINANCE                       | Petrobras Global Finance BV                                                      | CUSIP: 71647NAN9<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |    900000 | PA      | $776250.00    | 0.22%             | 2115-06-05      | Fixed         | 6.85%                 | No            |                  2 | On Loan: —       |
| Republic of Sri Lanka                          | Sri Lanka Government International Bond                                          | CUSIP: 000000000<br>LEI: 254900HXCCIOHM74FA02 | Long             | DBT              | NUSS              | LK        |    700000 | PA      | $235068.75    | 0.07%             | 2027-05-11      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| LEBANESE REPUBLIC DFLT                         | LEBANESE REPUBLIC DFLT                                                           | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | DE        |    730000 | PA      | $45625.00     | 0.01%             | 2024-10-04      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| YPF SOCIEDAD ANONIMA                           | YPF SA                                                                           | CUSIP: 000000000<br>LEI: 5493003N7447U18U5U53 | Long             | DBT              | CORP              | AR        |    500000 | PA      | $455662.50    | 0.13%             | 2025-07-28      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ARGENTINA                          | Argentine Republic Government International Bond                                 | CUSIP: 040114HW3<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |   1126445 | PA      | $347649.09    | 0.10%             | 2046-07-09      | Variable      | 1.50%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                         | Brazilian Government International Bond                                          | CUSIP: 105756BB5<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    650000 | PA      | $751684.38    | 0.22%             | 2034-01-20      | Fixed         | 8.25%                 | No            |                  2 | On Loan: —       |
| EMIRATES NBD BANK PJSC                         | Emirates NBD Bank PJSC                                                           | CUSIP: 000000000<br>LEI: 54930029BCN8HF3B1286 | Long             | DBT              | CORP              | AE        |    400000 | PA      | $400825.00    | 0.12%             | 2026-04-09      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GHANA                              | Ghana Government International Bond                                              | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |    400000 | PA      | $147000.00    | 0.04%             | 2035-02-11      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| OLEODUCTO CENTRAL SA                           | Oleoducto Central SA                                                             | CUSIP: 000000000<br>LEI: 254900W4CPYCQFVH5E92 | Long             | DBT              | CORP              | CO        |    200000 | PA      | $176912.50    | 0.05%             | 2027-07-14      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FORTUNE STAR BVI LTD                           | Fortune Star BVI Ltd                                                             | CUSIP: 000000000<br>LEI: 2549008CU8NYQQRSNU62 | Long             | DBT              | CORP              | VG        |    400000 | PA      | $351325.00    | 0.10%             | 2025-10-19      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICAL INDU                       | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAP6<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    500000 | PA      | $461562.50    | 0.13%             | 2027-05-09      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| BANCO BRADESCO (CAYMAN)                        | Banco Bradesco SA/Cayman Islands                                                 | CUSIP: 05947LBA5<br>LEI: N/A                  | Long             | DBT              | CORP              | BR        |    200000 | PA      | $192600.00    | 0.06%             | 2027-03-18      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| COUNTRY GARDEN HLDGS                           | Country Garden Holdings Co Ltd                                                   | CUSIP: 000000000<br>LEI: 549300MGHLPT1EFHGF84 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $312000.00    | 0.09%             | 2025-01-17      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| ENFRAGEN ENERGIA SUR SA                        | EnfraGen Energia Sur SA / EnfraGen Spain SA / Prime Energia SpA                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | ES        |    400000 | PA      | $288312.00    | 0.08%             | 2030-12-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Peru LNG Srl                                   | Peru LNG Srl                                                                     | CUSIP: 000000000<br>LEI: 254900F70J1LOALV5K70 | Long             | DBT              | CORP              | PE        |    400000 | PA      | $328500.00    | 0.09%             | 2030-03-22      | Fixed         | 5.38%                 | No            |                  2 | On Loan: —       |
| ACU PETROLEO LUXEMBOURG                        | Acu Petroleo Luxembourg Sarl                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    248470 | PA      | $232521.32    | 0.07%             | 2032-01-13      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| OMAN GOV INTERNTL BOND                         | Oman Government International Bond                                               | CUSIP: 000000000<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |   1400000 | PA      | $1429575.00   | 0.41%             | 2029-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| JSW STEEL LTD                                  | JSW Steel Ltd                                                                    | CUSIP: 000000000<br>LEI: 335800EK6HZSC4CVAJ09 | Long             | DBT              | CORP              | IN        |    200000 | PA      | $197000.00    | 0.06%             | 2024-04-18      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| BANCO MERCANTIL DE NORTE                       | Banco Mercantil del Norte SA/Grand Cayman                                        | CUSIP: 000000000<br>LEI: 549300QTVYRPFHS0J362 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $204850.00    | 0.06%             | 2030-10-14      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ARGENTINA                          | Argentine Republic Government International Bond                                 | CUSIP: 040114HX1<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |   1380864 | PA      | $470874.62    | 0.14%             | 2029-07-09      | Fixed         | 1.00%                 | No            |                  2 | On Loan: —       |
| COSTA RICA GOVERNMENT                          | Costa Rica Government International Bond                                         | CUSIP: 000000000<br>LEI: 549300S1EK2VN6XVJP58 | Long             | DBT              | NUSS              | CR        |    600000 | PA      | $587362.50    | 0.17%             | 2031-02-19      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| Government of Jamaica                          | Jamaica Government International Bond                                            | CUSIP: 470160CA8<br>LEI: 529900Y93KNSXZI8KK56 | Long             | DBT              | NUSS              | JM        |    600000 | PA      | $638175.00    | 0.18%             | 2028-04-28      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| BANCO BTG PACTUAL/CAYMAN                       | Banco BTG Pactual SA/Cayman Islands                                              | CUSIP: 05971BAG4<br>LEI: 2549002JHJ73KGETOK78 | Long             | DBT              | CORP              | BR        |    200000 | PA      | $181162.50    | 0.05%             | 2026-01-11      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Republic of Sri Lanka                          | Sri Lanka Government International Bond                                          | CUSIP: 000000000<br>LEI: 254900HXCCIOHM74FA02 | Long             | DBT              | NUSS              | LK        |    600000 | PA      | $206550.00    | 0.06%             | 2026-07-18      | Fixed         | 6.83%                 | No            |                  2 | On Loan: No      |
| EASY TACTIC LTD                                | Easy Tactic Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300WYFMC41MKE6E16 | Long             | DBT              | CORP              | VG        |    622500 | PA      | $213984.38    | 0.06%             | 2025-07-11      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| BANCO DO BRASIL (CAYMAN)                       | Banco do Brasil SA/Cayman                                                        | CUSIP: 000000000<br>LEI: QE0Q0253K88YAGNPE356 | Long             | DBT              | CORP              | BR        |    600000 | PA      | $586500.00    | 0.17%             | 2025-01-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| COCA-COLA ICECEK AS                            | Coca-Cola Icecek AS                                                              | CUSIP: 000000000<br>LEI: 789000WT80VVLUWJDK41 | Long             | DBT              | CORP              | TR        |    200000 | PA      | $171100.00    | 0.05%             | 2029-01-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BANCO MERCANTIL DE NORTE                       | Banco Mercantil del Norte SA/Grand Cayman                                        | CUSIP: 000000000<br>LEI: 549300QTVYRPFHS0J362 | Long             | DBT              | CORP              | MX        |    400000 | PA      | $368825.00    | 0.11%             | 2027-01-24      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| The Federal Republic of Nigeria                | Nigeria Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    714000 | PA      | $542640.00    | 0.16%             | 2030-02-23      | Fixed         | 7.14%                 | No            |                  2 | On Loan: No      |
| TURK SISE VE CAM FABRIKA                       | Turkiye Sise ve Cam Fabrikalari AS                                               | CUSIP: 000000000<br>LEI: 789000KWOK751Q6R8875 | Long             | DBT              | CORP              | TR        |    300000 | PA      | $290400.00    | 0.08%             | 2026-03-14      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA                       | Republic of South Africa Government International Bond                           | CUSIP: 836205BB9<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |   1350000 | PA      | $1026000.00   | 0.30%             | 2049-09-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| MGM CHINA HOLDINGS LTD                         | MGM China Holdings Ltd                                                           | CUSIP: 000000000<br>LEI: 529900VZFN87OS7WJM66 | Long             | DBT              | CORP              | KY        |    600000 | PA      | $582000.00    | 0.17%             | 2024-05-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| HDFC BANK LTD                                  | HDFC Bank Ltd                                                                    | CUSIP: 000000000<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | DBT              | CORP              | IN        |    600000 | PA      | $523500.00    | 0.15%             | 2026-08-25      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| BRASKEM IDESA SAPI                             | Braskem Idesa SAPI                                                               | CUSIP: 000000000<br>LEI: YH0V7ZHY352ITDGEYB83 | Long             | DBT              | CORP              | MX        |    700000 | PA      | $514920.00    | 0.15%             | 2032-02-20      | Fixed         | 6.99%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF NIGERIA                            | Nigeria Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    600000 | PA      | $403500.00    | 0.12%             | 2051-09-28      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                             | Dominican Republic International Bond                                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    850000 | PA      | $846971.88    | 0.24%             | 2027-01-25      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| BRF SA                                         | BRF SA                                                                           | CUSIP: 000000000<br>LEI: 254900MTXR9LUVQFU480 | Long             | DBT              | CORP              | BR        |    400000 | PA      | $337075.00    | 0.10%             | 2030-01-24      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| TEVA PHARM FIN CO LLC                          | Teva Pharmaceutical Finance Co LLC                                               | CUSIP: 88163VAD1<br>LEI: 5493006PITD7MU7WW480 | Long             | DBT              | CORP              | US        |    600000 | PA      | $556050.00    | 0.16%             | 2036-02-01      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| TENGIZCHEVROIL FIN CO IN                       | Tengizchevroil Finance Co International Ltd                                      | CUSIP: 000000000<br>LEI: 5493001VEV2XTJIBZH31 | Long             | DBT              | CORP              | BM        |    400000 | PA      | $301500.00    | 0.09%             | 2030-08-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Republic of Turkey                             | Turkey Government International Bond                                             | CUSIP: 900123AL4<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    700000 | PA      | $823375.00    | 0.24%             | 2030-01-15      | Fixed         | 11.88%                | No            |                  2 | On Loan: —       |
| GOL FINANCE SA                                 | Gol Finance SA                                                                   | CUSIP: 000000000<br>LEI: 5299007RH8MA67ZC6J07 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $136850.00    | 0.04%             | 2026-06-30      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                            | Petroleos Mexicanos                                                              | CUSIP: 71654QCL4<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    800000 | PA      | $521920.00    | 0.15%             | 2048-02-12      | Fixed         | 6.35%                 | No            |                  2 | On Loan: —       |
| ARAB REPUBLIC OF EGYPT                         | Egypt Government International Bond                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    800000 | PA      | $584000.00    | 0.17%             | 2033-09-30      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| BANK BAHRAIN & KUWAIT                          | BBK BSC                                                                          | CUSIP: 000000000<br>LEI: 549300MCPF5HTBF8ZR90 | Long             | DBT              | CORP              | BH        |    200000 | PA      | $197162.50    | 0.06%             | 2024-07-09      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SASOL Financing USA LLC                        | Sasol Financing USA LLC                                                          | CUSIP: 80386WAB1<br>LEI: 549300XRB1PFMESFEL85 | Long             | DBT              | CORP              | US        |    400000 | PA      | $384000.00    | 0.11%             | 2028-09-27      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| REPUBLIC OF ECUADOR                            | Ecuador Government International Bond                                            | CUSIP: 000000000<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |   4340539 | PA      | $2107331.68   | 0.61%             | 2035-07-31      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| CELESTIAL MILES LTD                            | Celestial Miles Ltd                                                              | CUSIP: 000000000<br>LEI: 2549007R9HJ1GR15XQ82 | Long             | DBT              | CORP              | VG        |    600000 | PA      | $588487.50    | 0.17%             | 2024-01-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                             | Dominican Republic International Bond                                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    700000 | PA      | $560568.75    | 0.16%             | 2041-01-21      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| OMAN GOV INTERNTL BOND                         | Oman Government International Bond                                               | CUSIP: 000000000<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |    800000 | PA      | $846150.00    | 0.24%             | 2027-10-28      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CANACOL ENERGY LTD                             | Canacol Energy Ltd                                                               | CUSIP: 000000000<br>LEI: 549300X5MNRWPMSM9N14 | Long             | DBT              | CORP              | CA        |    200000 | PA      | $177037.50    | 0.05%             | 2028-11-24      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                             | Dominican Republic International Bond                                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    800000 | PA      | $681400.00    | 0.20%             | 2049-06-05      | Fixed         | 6.40%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                        | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAK7<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    600000 | PA      | $602022.00    | 0.17%             | 2028-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| OMAN GOV INTERNTL BOND                         | Oman Government International Bond                                               | CUSIP: 000000000<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |   1000000 | PA      | $953750.00    | 0.28%             | 2047-03-08      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| COMMERCIAL BANK OF DUBAI                       | Commercial Bank of Dubai PSC                                                     | CUSIP: 000000000<br>LEI: 2138002DQL2YD4S8HE87 | Long             | DBT              | CORP              | AE        |    400000 | PA      | $394950.00    | 0.11%             | 2026-04-21      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ECUADOR                            | Ecuador Government International Bond                                            | CUSIP: 000000000<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |   1688095 | PA      | $707206.30    | 0.20%             | 2040-07-31      | Variable      | 1.50%                 | No            |                  2 | On Loan: No      |
| DELHI INTL AIRPORT                             | Delhi International Airport Ltd                                                  | CUSIP: 000000000<br>LEI: 335800HBF5DARYMEUD12 | Long             | DBT              | CORP              | IN        |    400000 | PA      | $386700.00    | 0.11%             | 2026-10-31      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                         | Brazilian Government International Bond                                          | CUSIP: 105756BX7<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |   1000000 | PA      | $1038625.00   | 0.30%             | 2026-04-07      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| BANCO DO BRASIL (CAYMAN)                       | Banco do Brasil SA/Cayman                                                        | CUSIP: 000000000<br>LEI: QE0Q0253K88YAGNPE356 | Long             | DBT              | CORP              | BR        |    200000 | PA      | $188975.00    | 0.05%             | 2029-01-11      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Kingdom of Bahrain                             | Bahrain Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300RODM1WN85LFQ95 | Long             | DBT              | NUSS              | BH        |    600000 | PA      | $602250.00    | 0.17%             | 2029-09-20      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| GLOBO COMMUNICACOES PART                       | Globo Comunicacao e Participacoes SA                                             | CUSIP: 000000000<br>LEI: 52990054HEKS017PVR75 | Long             | DBT              | CORP              | BR        |    200000 | PA      | $169912.50    | 0.05%             | 2030-01-22      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MAF GLOBAL SECURITIES                          | MAF Global Securities Ltd                                                        | CUSIP: 000000000<br>LEI: 54930037VUDNYTS17017 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $415575.00    | 0.12%             | 2027-06-30      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                             | Dominican Republic International Bond                                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |   1650000 | PA      | $1265653.13   | 0.37%             | 2060-01-30      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| OVERSEAS CHINESE TOWN AS                       | Overseas Chinese Town Asia Holdings Ltd                                          | CUSIP: 000000000<br>LEI: 5493003ZWBWQPKX2JE67 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $194250.00    | 0.06%             | 2023-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ABSA GROUP LTD                                 | Absa Group Ltd                                                                   | CUSIP: 000000000<br>LEI: 2138006IPPRD4N6XLT30 | Long             | DBT              | CORP              | ZA        |    200000 | PA      | $189100.00    | 0.05%             | 2026-05-27      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Republic of Angola                             | Angolan Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |   1000000 | PA      | $942500.00    | 0.27%             | 2028-05-09      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| COUNTRY GARDEN HLDGS                           | Country Garden Holdings Co Ltd                                                   | CUSIP: 000000000<br>LEI: 549300MGHLPT1EFHGF84 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $135500.00    | 0.04%             | 2027-01-14      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| GREENKO SOLAR MAURITIUS                        | Greenko Solar Mauritius Ltd                                                      | CUSIP: 000000000<br>LEI: 2138007S1PL541B3KP92 | Long             | DBT              | CORP              | MU        |    200000 | PA      | $190000.00    | 0.05%             | 2025-01-29      | Fixed         | 5.55%                 | No            |                  2 | On Loan: No      |
| CBB INTL SUKUK PRGM SPC                        | CBB International Sukuk Programme Co WLL                                         | CUSIP: 000000000<br>LEI: 5493006IRJ2IWXTNIM16 | Long             | DBT              | NUSS              | BH        |    500000 | PA      | $483218.75    | 0.14%             | 2027-09-16      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| BOLIVIA GOVERNMENT                             | Bolivian Government International Bond                                           | CUSIP: 000000000<br>LEI: 529900TGIRPY3SZXEB56 | Long             | DBT              | NUSS              | BO        |    400000 | PA      | $302600.00    | 0.09%             | 2028-03-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                             | Dominican Republic International Bond                                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |   1000000 | PA      | $869250.00    | 0.25%             | 2030-01-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF EL SALVADOR                        | El Salvador Government International Bond                                        | CUSIP: 000000000<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |    550000 | PA      | $253446.88    | 0.07%             | 2050-01-20      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| EASTERN & SOUTHERN AFRIC                       | Eastern & Southern African Trade & Development Bank/The                          | CUSIP: 000000000<br>LEI: 2138004HC83AB2ENIZ64 | Long             | DBT              | NUSS              | XX        |    200000 | PA      | $194500.00    | 0.06%             | 2024-05-23      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NWD FINANCE (BVI) LTD                          | NWD Finance BVI Ltd                                                              | CUSIP: 000000000<br>LEI: 25490076V8K09HMNCT88 | Long             | DBT              | CORP              | VG        |    600000 | PA      | $508500.00    | 0.15%             | 2024-03-07      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TRANSPORT DE GAS DEL SUR                       | Transportadora de Gas del Sur SA                                                 | CUSIP: 000000000<br>LEI: 5299002TRC7IFQYSW596 | Long             | DBT              | CORP              | AR        |    300000 | PA      | $280650.00    | 0.08%             | 2025-05-02      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Dominican Republic                             | Dominican Republic International Bond                                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    450000 | PA      | $388209.38    | 0.11%             | 2048-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| VEDANTA RESOURCES                              | Vedanta Resources Finance II PLC                                                 | CUSIP: 000000000<br>LEI: 8945002DGA3BBXO3N634 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $303000.00    | 0.09%             | 2026-04-23      | Fixed         | 9.25%                 | No            |                  2 | On Loan: —       |
| REPUBLIC OF TURKEY                             | Turkey Government International Bond                                             | CUSIP: 900123DF4<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |   1800000 | PA      | $1847250.00   | 0.53%             | 2028-01-15      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| ADIB CAPITAL INVEST TWO                        | ADIB Capital Invest 2 Ltd                                                        | CUSIP: 000000000<br>LEI: 549300IKJ30XQO8HG702 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $401950.00    | 0.12%             | 2023-09-20      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| BANCO VOTORANTIM                               | Banco Votorantim SA                                                              | CUSIP: 000000000<br>LEI: X2EUTZGMHS8RBQFIUS93 | Long             | DBT              | CORP              | BR        |    400000 | PA      | $384325.00    | 0.11%             | 2025-07-29      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| MONG DUONG FIN HLDGS BV                        | Mong Duong Finance Holdings BV                                                   | CUSIP: 000000000<br>LEI: 549300995KGQFMWSV879 | Long             | DBT              | CORP              | NL        |    250000 | PA      | $222312.50    | 0.06%             | 2029-05-07      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS L                       | First Quantum Minerals Ltd                                                       | CUSIP: 000000000<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |    600000 | PA      | $576757.50    | 0.17%             | 2026-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ISLAMIC REP OF PAKISTAN                        | Pakistan Government International Bond                                           | CUSIP: 000000000<br>LEI: 529900LOP29R5WKHOD86 | Long             | DBT              | NUSS              | PK        |    750000 | PA      | $311332.50    | 0.09%             | 2027-12-05      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| OMAN GOV INTERNTL BOND                         | Oman Government International Bond                                               | CUSIP: 000000000<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |    600000 | PA      | $668362.50    | 0.19%             | 2032-10-28      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| AZUL INVESTMENTS LLP                           | Azul Investments LLP                                                             | CUSIP: 000000000<br>LEI: 549300C6XNC8IDH04C74 | Long             | DBT              | CORP              | US        |    400000 | PA      | $241075.00    | 0.07%             | 2026-06-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Lebanese Republic                              | Lebanon Government International Bond                                            | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |    790000 | PA      | $49375.00     | 0.01%             | 2027-03-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SEPLAT ENERGY PL                               | SEPLAT Energy PLC                                                                | CUSIP: 000000000<br>LEI: 029200711C4S4CB2E982 | Long             | DBT              | CORP              | NG        |    400000 | PA      | $347200.00    | 0.10%             | 2026-04-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| The Federal Republic of Nigeria                | Nigeria Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    700000 | PA      | $638750.00    | 0.18%             | 2025-11-21      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| OMAN SOVEREIGN SUKUK                           | Oman Sovereign Sukuk Co                                                          | CUSIP: 000000000<br>LEI: 549300KM6RUZQLK8LU36 | Long             | DBT              | NUSS              | OM        |    800000 | PA      | $797150.00    | 0.23%             | 2030-06-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Yapi ve Kredi Bankasi AS                       | Yapi ve Kredi Bankasi AS                                                         | CUSIP: 000000000<br>LEI: B85ZYWEZ5IZCZ2WNIO12 | Long             | DBT              | CORP              | TR        |    200000 | PA      | $200975.00    | 0.06%             | 2024-10-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| BANK OF EAST ASIA LTD                          | Bank of East Asia Ltd/The                                                        | CUSIP: 000000000<br>LEI: CO6GC26LCGGRTUESIP55 | Long             | DBT              | CORP              | HK        |    250000 | PA      | $237500.00    | 0.07%             | 2025-10-21      | Fixed         | 5.83%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ARGENTINA                          | Argentine Republic Government International Bond                                 | CUSIP: 040114HT0<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |  10414233 | PA      | $3207583.76   | 0.93%             | 2035-07-09      | Variable      | 1.50%                 | No            |                  2 | On Loan: No      |
| Kingdom of Jordan                              | Jordan Government International Bond                                             | CUSIP: 000000000<br>LEI: 5493000JZ4MYPVMBVN50 | Long             | DBT              | NUSS              | JO        |    600000 | PA      | $586050.00    | 0.17%             | 2027-01-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AES GENER SA                                   | AES Andes SA                                                                     | CUSIP: 000000000<br>LEI: 549300IF4IFG0FS0RM26 | Long             | DBT              | CORP              | CL        |    200000 | PA      | $193475.00    | 0.06%             | 2079-03-26      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| JSW STEEL LTD                                  | JSW Steel Ltd                                                                    | CUSIP: 000000000<br>LEI: 335800EK6HZSC4CVAJ09 | Long             | DBT              | CORP              | IN        |    400000 | PA      | $352000.00    | 0.10%             | 2027-04-05      | Fixed         | 3.95%                 | No            |                  2 | On Loan: —       |
| AMAGGI LUX INTL SARL                           | Amaggi Luxembourg International Sarl                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    400000 | PA      | $375200.00    | 0.11%             | 2028-01-28      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DAR AL-ARKAN SUKUK CO LT                       | Dar Al-Arkan Sukuk Co Ltd                                                        | CUSIP: 000000000<br>LEI: 5493000UYHRBXEIYUQ69 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $394450.00    | 0.11%             | 2025-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| ALTICE FINANCING SA                            | Altice Financing SA                                                              | CUSIP: 000000000<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |    700000 | PA      | $595203.00    | 0.17%             | 2028-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ECOBANK TRANSNATIONAL                          | Ecobank Transnational Inc                                                        | CUSIP: 000000000<br>LEI: 213800USCE9Y111R4656 | Long             | DBT              | CORP              | TG        |    200000 | PA      | $199150.00    | 0.06%             | 2024-04-18      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                         | Brazilian Government International Bond                                          | CUSIP: 105756BR0<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |   1100000 | PA      | $967862.50    | 0.28%             | 2041-01-07      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ECUADOR                            | Ecuador Government International Bond                                            | CUSIP: 000000000<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |   1855581 | PA      | $1231409.94   | 0.36%             | 2030-07-31      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| JSW HYDRO ENERGY LTD                           | JSW Hydro Energy Ltd                                                             | CUSIP: 000000000<br>LEI: 3358006ZP5KO7VUH2790 | Long             | DBT              | CORP              | IN        |    354000 | PA      | $300900.00    | 0.09%             | 2031-05-18      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Republic of Ghana                              | Ghana Government International Bond                                              | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |    400000 | PA      | $279000.00    | 0.08%             | 2030-10-14      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                         | Egypt Government International Bond                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |   1000000 | PA      | $711250.00    | 0.21%             | 2050-05-29      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| GFH SUKUK LTD                                  | GFH Sukuk Ltd                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    200000 | PA      | $199975.00    | 0.06%             | 2025-01-28      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                        | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAF8<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    900000 | PA      | $617512.50    | 0.18%             | 2046-10-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| BANCO BTG PACTUAL/CAYMAN                       | Banco BTG Pactual SA/Cayman Islands                                              | CUSIP: 05971BAE9<br>LEI: 2549002JHJ73KGETOK78 | Long             | DBT              | CORP              | BR        |    600000 | PA      | $577800.00    | 0.17%             | 2025-01-10      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| GREENKO DUTCH BV                               | Greenko Dutch BV                                                                 | CUSIP: 000000000<br>LEI: 724500PT585P4JPVRP08 | Long             | DBT              | CORP              | NL        |    573000 | PA      | $509253.75    | 0.15%             | 2026-03-29      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF TURKEY                             | Turkey Government International Bond                                             | CUSIP: 900123DG2<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    400000 | PA      | $392500.00    | 0.11%             | 2033-01-19      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| GEOPARK LTD                                    | Geopark Ltd                                                                      | CUSIP: 000000000<br>LEI: 529900ZR5QI19AH4KZ07 | Long             | DBT              | CORP              | BM        |    200000 | PA      | $177412.50    | 0.05%             | 2027-01-17      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MINSUR SA                                      | Minsur SA                                                                        | CUSIP: 000000000<br>LEI: 254900C69MVC7SXO2G61 | Long             | DBT              | CORP              | PE        |    200000 | PA      | $177750.00    | 0.05%             | 2031-10-28      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                        | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAE1<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |   1800000 | PA      | $1614924.00   | 0.47%             | 2026-10-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| MELCO RESORTS FINANCE                          | Melco Resorts Finance Ltd                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    400000 | PA      | $358000.00    | 0.10%             | 2028-07-21      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CBB INTL SUKUK PRGM SPC                        | CBB International Sukuk Programme Co WLL                                         | CUSIP: 000000000<br>LEI: 5493006IRJ2IWXTNIM16 | Long             | DBT              | NUSS              | BH        |    600000 | PA      | $590550.00    | 0.17%             | 2027-03-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AGILE GROUP HOLDINGS LTD                       | Agile Group Holdings Ltd                                                         | CUSIP: 000000000<br>LEI: 549300ZRISRT38EEYY07 | Long             | DBT              | CORP              | KY        |    600000 | PA      | $186000.00    | 0.05%             | 2024-07-31      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| KUWAIT PROJECTS CO SPC L                       | Kuwait Projects Co SPC Ltd                                                       | CUSIP: 000000000<br>LEI: 254900BQTJEWBK1TAN59 | Long             | DBT              | CORP              | AE        |    400000 | PA      | $350325.00    | 0.10%             | 2026-10-29      | Fixed         | 4.23%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ARGENTINA                          | Argentine Republic Government International Bond                                 | CUSIP: 040114HS2<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |   8303482 | PA      | $2939432.63   | 0.85%             | 2030-07-09      | Variable      | 0.50%                 | No            |                  2 | On Loan: No      |
| AKBANK TAS                                     | Akbank TAS                                                                       | CUSIP: 000000000<br>LEI: 789000TUMN63Z28TJ497 | Long             | DBT              | CORP              | TR        |    200000 | PA      | $189537.50    | 0.05%             | 2025-03-31      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| WYNN MACAU LTD                                 | Wynn Macau Ltd                                                                   | CUSIP: 000000000<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $331500.00    | 0.10%             | 2029-12-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| SINO OCEAN LAND IV                             | Sino-Ocean Land Treasure IV Ltd                                                  | CUSIP: 000000000<br>LEI: 213800EAGXDYG9QWS896 | Long             | DBT              | CORP              | VG        |    400000 | PA      | $286000.00    | 0.08%             | 2029-08-05      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| HUNT OIL CO OF PERU                            | Hunt Oil Co of Peru LLC Sucursal Del Peru                                        | CUSIP: 000000000<br>LEI: 549300SVO0550J3IKN50 | Long             | DBT              | CORP              | PE        |    174800 | PA      | $167676.90    | 0.05%             | 2028-06-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| Sands China Ltd                                | Sands China Ltd                                                                  | CUSIP: 80007RAF2<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |   1000000 | PA      | $986250.00    | 0.28%             | 2025-08-08      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                            | Petroleos Mexicanos                                                              | CUSIP: 706451BG5<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |   1450000 | PA      | $1131870.00   | 0.33%             | 2035-06-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| CA MAGNUM HOLDINGS                             | CA Magnum Holdings                                                               | CUSIP: 000000000<br>LEI: 549300ZRDHFR078MFZ78 | Long             | DBT              | CORP              | MU        |    400000 | PA      | $368000.00    | 0.11%             | 2026-10-31      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA                           | Colombia Government International Bond                                           | CUSIP: 195325DZ5<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |   1000000 | PA      | $736500.00    | 0.21%             | 2032-04-22      | Fixed         | 3.25%                 | No            |                  2 | On Loan: —       |
| SIERRACOL ENRGY ANDINA                         | SierraCol Energy Andina LLC                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    200000 | PA      | $164975.00    | 0.05%             | 2028-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BANK NEGARA INDONESIA                          | Bank Negara Indonesia Persero Tbk PT                                             | CUSIP: 000000000<br>LEI: 549300HZ8J3MLVXQ8F85 | Long             | DBT              | CORP              | ID        |    600000 | PA      | $562566.00    | 0.16%             | 2026-03-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| TURK TELEKOMUNIKASYON AS                       | Turk Telekomunikasyon AS                                                         | CUSIP: 000000000<br>LEI: 789000A2TXOI10JZLF90 | Long             | DBT              | CORP              | TR        |    200000 | PA      | $188000.00    | 0.05%             | 2024-06-19      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PETROBRAS GLOBAL FINANCE                       | Petrobras Global Finance BV                                                      | CUSIP: 71647NBH1<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |    675000 | PA      | $651240.00    | 0.19%             | 2031-01-03      | Fixed         | 5.60%                 | No            |                  2 | On Loan: —       |
| KINGDOM OF BAHRAIN                             | Bahrain Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300RODM1WN85LFQ95 | Long             | DBT              | NUSS              | BH        |    600000 | PA      | $543000.00    | 0.16%             | 2032-09-16      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| VEDANTA RESOURCES                              | Vedanta Resources Finance II PLC                                                 | CUSIP: 000000000<br>LEI: 8945002DGA3BBXO3N634 | Long             | DBT              | CORP              | GB        |    600000 | PA      | $469500.00    | 0.14%             | 2025-03-11      | Fixed         | 8.95%                 | No            |                  2 | On Loan: No      |
| COUNTRY GARDEN HLDGS                           | Country Garden Holdings Co Ltd                                                   | CUSIP: 000000000<br>LEI: 549300MGHLPT1EFHGF84 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $303000.00    | 0.09%             | 2025-09-17      | Fixed         | 6.15%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                         | Brazilian Government International Bond                                          | CUSIP: 105756CB4<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |   2050000 | PA      | $1503931.25   | 0.43%             | 2050-01-14      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA                           | Colombia Government International Bond                                           | CUSIP: 195325DR3<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    700000 | PA      | $544250.00    | 0.16%             | 2030-01-30      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ITAU UNIBANCO HLDG SA/KY                       | Itau Unibanco Holding SA/Cayman Island                                           | CUSIP: 000000000<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | DBT              | CORP              | BR        |    200000 | PA      | $163350.00    | 0.05%             | 2025-02-27      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF TURKEY                             | Turkey Government International Bond                                             | CUSIP: 900123DA5<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |   1200000 | PA      | $987000.00    | 0.29%             | 2031-01-15      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| TENGIZCHEVROIL FIN CO IN                       | Tengizchevroil Finance Co International Ltd                                      | CUSIP: 000000000<br>LEI: 5493001VEV2XTJIBZH31 | Long             | DBT              | CORP              | BM        |    400000 | PA      | $354075.00    | 0.10%             | 2026-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OFFICE CHERIFIEN DES PHO                       | OCP SA                                                                           | CUSIP: 000000000<br>LEI: 213800D26TAPVTCVWG40 | Long             | DBT              | CORP              | MA        |    400000 | PA      | $310000.00    | 0.09%             | 2051-06-23      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                         | Egypt Government International Bond                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    600000 | PA      | $423000.00    | 0.12%             | 2049-03-01      | Fixed         | 8.70%                 | No            |                  2 | On Loan: No      |
| VEDANTA UK INVESTMENTS                         | Vedanta Resources Ltd                                                            | CUSIP: 000000000<br>LEI: 2138007MYEKPEAZQTW83 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $302500.00    | 0.09%             | 2024-08-09      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| SMC GLOBAL POWER HLDGS                         | SMC Global Power Holdings Corp                                                   | CUSIP: 000000000<br>LEI: 549300HBCE80QXKII590 | Long             | DBT              | CORP              | PH        |    200000 | PA      | $164162.50    | 0.05%             | 2026-01-21      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Kingdom of Bahrain                             | Bahrain Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300RODM1WN85LFQ95 | Long             | DBT              | NUSS              | BH        |    600000 | PA      | $480750.00    | 0.14%             | 2044-09-19      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| GLP PTE LTD                                    | GLP Pte Ltd                                                                      | CUSIP: 000000000<br>LEI: 254900PC2NNG9BLIJO15 | Long             | DBT              | CORP              | SG        |    400000 | PA      | $270500.00    | 0.08%             | 2026-05-17      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ECOPETROL SA                                   | Ecopetrol SA                                                                     | CUSIP: 279158AP4<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |    600000 | PA      | $472530.00    | 0.14%             | 2031-11-02      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| NANYANG COMMERCIAL BANK                        | Nanyang Commercial Bank Ltd                                                      | CUSIP: 000000000<br>LEI: SC4P6WZO702RYEIU7J93 | Long             | DBT              | CORP              | HK        |    250000 | PA      | $245000.00    | 0.07%             | 2027-04-28      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| DUBAI GOVT INT'L BONDS                         | Emirate of Dubai Government International Bonds                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | AE        |    600000 | PA      | $454612.50    | 0.13%             | 2050-09-09      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                           | Colombia Government International Bond                                           | CUSIP: 195325DP7<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |   1000000 | PA      | $882375.00    | 0.25%             | 2029-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Kingdom of Jordan                              | Jordan Government International Bond                                             | CUSIP: 000000000<br>LEI: 5493000JZ4MYPVMBVN50 | Long             | DBT              | NUSS              | JO        |    400000 | PA      | $359950.00    | 0.10%             | 2047-10-10      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| LEVIATHAN BOND LTD                             | Leviathan Bond Ltd                                                               | CUSIP: 000000000<br>LEI: 254900D9T8VKYVQNZ220 | Long             | DBT              | CORP              | IL        |    275000 | PA      | $271700.00    | 0.08%             | 2025-06-30      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| LEVIATHAN BOND LTD                             | Leviathan Bond Ltd                                                               | CUSIP: 000000000<br>LEI: 254900D9T8VKYVQNZ220 | Long             | DBT              | CORP              | IL        |    350000 | PA      | $344312.50    | 0.10%             | 2027-06-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CEMIG GERACAO E TRANSM                         | Cemig Geracao e Transmissao SA                                                   | CUSIP: 000000000<br>LEI: 529900ZT0AVI5W1VFB58 | Long             | DBT              | CORP              | BR        |    400000 | PA      | $410000.00    | 0.12%             | 2024-12-05      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| SOCIALIST REP OF VIETNAM                       | Vietnam Government International Bond                                            | CUSIP: 000000000<br>LEI: 5493008AE7RS4XK4BZ08 | Long             | DBT              | NUSS              | VN        |    600000 | PA      | $591066.00    | 0.17%             | 2024-11-19      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| PLAYTIKA HOLDING CORP                          | Playtika Holding Corp                                                            | CUSIP: 000000000<br>LEI: 254900E35Z4TKA4UFG64 | Long             | DBT              | CORP              | US        |    300000 | PA      | $248361.00    | 0.07%             | 2029-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SASOL Financing USA LLC                        | Sasol Financing USA LLC                                                          | CUSIP: 80386WAA3<br>LEI: 549300XRB1PFMESFEL85 | Long             | DBT              | CORP              | US        |    800000 | PA      | $788760.00    | 0.23%             | 2024-03-27      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| YPF SOCIEDAD ANONIMA                           | YPF SA                                                                           | CUSIP: 000000000<br>LEI: 5493003N7447U18U5U53 | Long             | DBT              | CORP              | AR        |    250000 | PA      | $174687.50    | 0.05%             | 2047-12-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa                       | Republic of South Africa Government International Bond                           | CUSIP: 836205AT1<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    604000 | PA      | $588900.00    | 0.17%             | 2026-04-14      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| EMBRAER NETHERLANDS FINA                       | Embraer Netherlands Finance BV                                                   | CUSIP: 29082HAA0<br>LEI: 724500PBR8LR26XBSP67 | Long             | DBT              | CORP              | NL        |    605000 | PA      | $595660.31    | 0.17%             | 2025-06-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: —       |
| Petroleos Mexicanos                            | Petroleos Mexicanos                                                              | CUSIP: 71654QCB6<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |   1300000 | PA      | $1265023.76   | 0.37%             | 2026-08-04      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| KASIKORNBANK PCL HK                            | Kasikornbank PCL/Hong Kong                                                       | CUSIP: 000000000<br>LEI: 5493004COSQ54937AW41 | Long             | DBT              | CORP              | TH        |    600000 | PA      | $536238.00    | 0.15%             | 2031-10-02      | Fixed         | 3.34%                 | No            |                  2 | On Loan: No      |
| Republic of Senegal                            | Senegal Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300NP14ZLQGWIUZ97 | Long             | DBT              | NUSS              | SN        |    500000 | PA      | $432500.00    | 0.12%             | 2033-05-23      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF NIGERIA                            | Nigeria Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    800000 | PA      | $666000.00    | 0.19%             | 2029-03-24      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| BANCO MERCANTIL DE NORTE                       | Banco Mercantil del Norte SA/Grand Cayman                                        | CUSIP: 000000000<br>LEI: 549300QTVYRPFHS0J362 | Long             | DBT              | CORP              | MX        |    400000 | PA      | $392800.00    | 0.11%             | 2028-01-10      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| YPF SOCIEDAD ANONIMA                           | YPF SA                                                                           | CUSIP: 000000000<br>LEI: 5493003N7447U18U5U53 | Long             | DBT              | CORP              | AR        |    400000 | PA      | $345075.00    | 0.10%             | 2029-06-30      | Variable      | 9.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF EL SALVADOR                        | El Salvador Government International Bond                                        | CUSIP: 000000000<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |    550000 | PA      | $286618.75    | 0.08%             | 2052-07-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Lebanese Republic                              | Lebanon Government International Bond                                            | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |    470000 | PA      | $29375.00     | 0.01%             | 2027-11-29      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ARABIAN CENTRES SUKUK II                       | Arabian Centres Sukuk II Ltd                                                     | CUSIP: 000000000<br>LEI: 549300X92PKHJD8UYG94 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $379200.00    | 0.11%             | 2026-10-07      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| PETROBRAS GLOBAL FINANCE                       | Petrobras Global Finance BV                                                      | CUSIP: 71645WAS0<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |    300000 | PA      | $283556.25    | 0.08%             | 2041-01-27      | Fixed         | 6.75%                 | No            |                  2 | On Loan: —       |
| CEMEX SAB DE CV                                | Cemex SAB de CV                                                                  | CUSIP: 000000000<br>LEI: 549300RIG2CXWN6IV731 | Long             | DBT              | CORP              | MX        |    400000 | PA      | $410700.00    | 0.12%             | 2027-06-05      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| KOC Holding AS                                 | KOC Holding AS                                                                   | CUSIP: 000000000<br>LEI: 7890005U0H950VH19H45 | Long             | DBT              | CORP              | TR        |    400000 | PA      | $392700.00    | 0.11%             | 2025-03-11      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| COUNTRY GARDEN HLDGS                           | Country Garden Holdings Co Ltd                                                   | CUSIP: 000000000<br>LEI: 549300MGHLPT1EFHGF84 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $234000.00    | 0.07%             | 2030-10-22      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL BANK OF AZ                       | International Bank of Azerbaijan OJSC                                            | CUSIP: 000000000<br>LEI: 549300Y3ZQ0BCCDJGI40 | Long             | DBT              | CORP              | AZ        |    550000 | PA      | $528000.00    | 0.15%             | 2024-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| QNB Finansbank AS/Turkey                       | QNB Finansbank AS                                                                | CUSIP: 000000000<br>LEI: 789000Q21SW842S9IJ58 | Long             | DBT              | CORP              | TR        |    400000 | PA      | $404075.00    | 0.12%             | 2024-09-07      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| TOTAL PLAY TELECOM                             | Total Play Telecomunicaciones SA de CV                                           | CUSIP: 000000000<br>LEI: 4469000001BSAPAMOQ06 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $168153.00    | 0.05%             | 2028-09-20      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| TURKIYE IS BANKASI A.S                         | Turkiye Is Bankasi AS                                                            | CUSIP: 000000000<br>LEI: 789000FIRX9MDN0KTM91 | Long             | DBT              | CORP              | TR        |    200000 | PA      | $192350.00    | 0.06%             | 2028-06-29      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| DELHI INTL AIRPORT                             | Delhi International Airport Ltd                                                  | CUSIP: 000000000<br>LEI: 335800HBF5DARYMEUD12 | Long             | DBT              | CORP              | IN        |    200000 | PA      | $187725.00    | 0.05%             | 2029-06-04      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                             | Ukraine Government International Bond                                            | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |   1200000 | PA      | $233850.00    | 0.07%             | 2035-03-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| MGM CHINA HOLDINGS LTD                         | MGM China Holdings Ltd                                                           | CUSIP: 000000000<br>LEI: 529900VZFN87OS7WJM66 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $180250.00    | 0.05%             | 2027-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| GUACOLDA ENERGIA SA                            | Guacolda Energia SA                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | CL        |    200000 | PA      | $68350.00     | 0.02%             | 2025-04-30      | Fixed         | 4.56%                 | No            |                  2 | On Loan: No      |
| ISLAMIC REP OF PAKISTAN                        | Pakistan Government International Bond                                           | CUSIP: 000000000<br>LEI: 529900LOP29R5WKHOD86 | Long             | DBT              | NUSS              | PK        |    800000 | PA      | $328088.00    | 0.09%             | 2031-04-08      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| ABJA Investment Co                             | ABJA Investment Co Pte Ltd                                                       | CUSIP: 000000000<br>LEI: 254900E6OE5YJ9WCCU19 | Long             | DBT              | CORP              | SG        |    625000 | PA      | $620312.50    | 0.18%             | 2024-07-31      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ARGENTINA                          | Argentine Republic Government International Bond                                 | CUSIP: 040114HV5<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |   5253608 | PA      | $1783599.92   | 0.52%             | 2041-07-09      | Variable      | 3.50%                 | No            |                  2 | On Loan: —       |
| Wynn Macau Ltd                                 | Wynn Macau Ltd                                                                   | CUSIP: 000000000<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $358000.00    | 0.10%             | 2027-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ANGOLA                             | Angolan Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |   1100000 | PA      | $1017500.00   | 0.29%             | 2032-04-14      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| DIG INTL FIN/DIG INTL HL                       | Digicel International Finance Ltd/Digicel international Holdings Ltd             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    400000 | PA      | $343575.00    | 0.10%             | 2024-05-25      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF TURKEY                             | Turkey Government International Bond                                             | CUSIP: 900123DC1<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    900000 | PA      | $729000.00    | 0.21%             | 2031-06-26      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| RKPF OVERSEAS 2020 A LTD                       | RKPF Overseas 2020 A Ltd                                                         | CUSIP: 000000000<br>LEI: 254900LKOLISWWIE7W36 | Long             | DBT              | CORP              | VG        |    400000 | PA      | $321500.00    | 0.09%             | 2026-01-12      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| CANPACK SA/CANPACK US                          | Canpack SA / Canpack US LLC                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    400000 | PA      | $331156.00    | 0.10%             | 2029-11-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| ARAGVI FINANCE INTL                            | Aragvi Finance International DAC                                                 | CUSIP: 000000000<br>LEI: 635400VKAYT1VT6VBF50 | Long             | DBT              | CORP              | IE        |    200000 | PA      | $144037.50    | 0.04%             | 2026-04-29      | Fixed         | 8.45%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF KENYA                              | Republic of Kenya Government International Bond                                  | CUSIP: 000000000<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |   1000000 | PA      | $935000.00    | 0.27%             | 2024-06-24      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| BRASKEM NETHERLANDS                            | Braskem Netherlands Finance BV                                                   | CUSIP: 000000000<br>LEI: 2549000TLMHFQ74DS330 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $204225.00    | 0.06%             | 2081-01-23      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Dominican Republic                             | Dominican Republic International Bond                                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    800000 | PA      | $783900.00    | 0.23%             | 2028-07-19      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BANCO MERCANTIL DE NORTE                       | Banco Mercantil del Norte SA/Grand Cayman                                        | CUSIP: 000000000<br>LEI: 549300QTVYRPFHS0J362 | Long             | DBT              | CORP              | MX        |    200000 | PA      | $191475.00    | 0.06%             | 2029-06-27      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| SANDS CHINA LTD                                | Sands China Ltd                                                                  | CUSIP: 80007RAL9<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $362000.00    | 0.10%             | 2030-06-18      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| SHARJAH SUKUK PROGRAM                          | Sharjah Sukuk Program Ltd                                                        | CUSIP: 000000000<br>LEI: 549300N3BQ9P6RRMVV02 | Long             | DBT              | NUSS              | KY        |    400000 | PA      | $381825.00    | 0.11%             | 2026-04-03      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| INRETAIL CONSUMER                              | InRetail Consumer                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | PE        |    400000 | PA      | $344250.00    | 0.10%             | 2028-03-22      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA                       | Republic of South Africa Government International Bond                           | CUSIP: 836205AW4<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    400000 | PA      | $384500.00    | 0.11%             | 2027-09-27      | Fixed         | 4.85%                 | No            |                  2 | On Loan: —       |
| TURKIYE VAKIFLAR BANKASI                       | Turkiye Vakiflar Bankasi TAO                                                     | CUSIP: 000000000<br>LEI: 789000KAIHOLSQKQ9858 | Long             | DBT              | CORP              | TR        |    400000 | PA      | $372325.00    | 0.11%             | 2026-01-08      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SINGAPORE AIRLINES LTD                         | Singapore Airlines Ltd                                                           | CUSIP: 000000000<br>LEI: 549300ZG62N2599PWR15 | Long             | DBT              | CORP              | SG        |    400000 | PA      | $361244.00    | 0.10%             | 2029-01-19      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| KRUNG THAI BANK/CAYMAN                         | Krung Thai Bank PCL/Cayman Islands                                               | CUSIP: 000000000<br>LEI: 54930007ZQMYCRFQGE36 | Long             | DBT              | CORP              | TH        |    400000 | PA      | $367325.00    | 0.11%             | 2026-03-25      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| CT TRUST                                       | CT Trust                                                                         | CUSIP: 000000000<br>LEI: 213800MJB7WO427HQD34 | Long             | DBT              | CORP              | GT        |    400000 | PA      | $349000.00    | 0.10%             | 2032-02-03      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Kingdom Of Bahrain                             | Bahrain Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300RODM1WN85LFQ95 | Long             | DBT              | NUSS              | BH        |    400000 | PA      | $371500.00    | 0.11%             | 2031-09-30      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA                       | Republic of South Africa Government International Bond                           | CUSIP: 836205BE3<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    700000 | PA      | $630000.00    | 0.18%             | 2052-04-20      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GUATEMALA                          | Guatemala Government Bond                                                        | CUSIP: 000000000<br>LEI: 529900QKDFFU9UWW5315 | Long             | DBT              | NUSS              | GT        |    700000 | PA      | $680006.25    | 0.20%             | 2050-06-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| PT ADARO INDONESIA                             | Adaro Indonesia PT                                                               | CUSIP: 000000000<br>LEI: 2549009Z0YED3S2BID40 | Long             | DBT              | CORP              | ID        |    250000 | PA      | $239734.38    | 0.07%             | 2024-10-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ADANI GREEN ENERGY LTD                         | Adani Green Energy Ltd                                                           | CUSIP: 000000000<br>LEI: 335800ZBBU81OH211H17 | Long             | DBT              | CORP              | IN        |    400000 | PA      | $304000.00    | 0.09%             | 2024-09-08      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| TURKIYE IS BANKASI A.S                         | Turkiye Is Bankasi AS                                                            | CUSIP: 000000000<br>LEI: 789000FIRX9MDN0KTM91 | Long             | DBT              | CORP              | TR        |    600000 | PA      | $587737.50    | 0.17%             | 2024-04-25      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| PETROBRAS GLOBAL FINANCE                       | Petrobras Global Finance BV                                                      | CUSIP: 71647NBE8<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |    250000 | PA      | $235525.00    | 0.07%             | 2030-01-15      | Fixed         | 5.09%                 | No            |                  2 | On Loan: —       |
| Banco de Bogota SA                             | Banco de Bogota SA                                                               | CUSIP: 000000000<br>LEI: 549300LYHE7LWSKDZT53 | Long             | DBT              | CORP              | CO        |    600000 | PA      | $592987.50    | 0.17%             | 2026-05-12      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TELFON CELUAR DEL PARAGU                       | Telefonica Celular del Paraguay SA                                               | CUSIP: 000000000<br>LEI: 254900R8A8IKGF4THL54 | Long             | DBT              | CORP              | PY        |    400000 | PA      | $372575.00    | 0.11%             | 2027-04-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| NWD MTN LTD                                    | NWD MTN Ltd                                                                      | CUSIP: 000000000<br>LEI: 254900STSWBVJ5FV9O74 | Long             | DBT              | CORP              | VG        |    600000 | PA      | $514866.00    | 0.15%             | 2029-07-18      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| UNIGEL LUXEMBOURG SA                           | Unigel Luxembourg SA                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    400000 | PA      | $403200.00    | 0.12%             | 2026-10-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| IHS NETHERLANDS HOLDCO                         | IHS Netherlands Holdco BV                                                        | CUSIP: 000000000<br>LEI: 5493006Z6YQYCCN2XI74 | Long             | DBT              | CORP              | NL        |    600000 | PA      | $538987.50    | 0.16%             | 2027-09-18      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ISLAMIC REP OF PAKISTAN                        | Pakistan Government International Bond                                           | CUSIP: 000000000<br>LEI: 529900LOP29R5WKHOD86 | Long             | DBT              | NUSS              | PK        |    470000 | PA      | $264426.70    | 0.08%             | 2024-04-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| MELCO RESORTS FINANCE                          | Melco Resorts Finance Ltd                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    600000 | PA      | $514500.00    | 0.15%             | 2029-12-04      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| IND & COMM BK OF CHINA                         | Industrial & Commercial Bank of China Ltd                                        | CUSIP: 000000000<br>LEI: 5493002ERZU2K9PZDL40 | Long             | DBT              | CORP              | CN        |   3100000 | PA      | $2940117.50   | 0.85%             | 2026-09-24      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| DIB Tier 1 Sukuk 3 Ltd                         | DIB Tier 1 Sukuk 3 Ltd                                                           | CUSIP: 000000000<br>LEI: 5493003VEAI5Y13OH244 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $403000.00    | 0.12%             | 2025-01-22      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| FirstRand Bank Ltd                             | FirstRand Bank Ltd                                                               | CUSIP: 000000000<br>LEI: ZAYQDKTCATIXF9OQY690 | Long             | DBT              | CORP              | ZA        |    200000 | PA      | $197725.00    | 0.06%             | 2028-04-23      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                         | Brazilian Government International Bond                                          | CUSIP: 105756CE8<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    734000 | PA      | $630506.00    | 0.18%             | 2031-09-12      | Fixed         | 3.75%                 | No            |                  2 | On Loan: —       |
| REPUBLIC OF PARAGUAY                           | Paraguay Government International Bond                                           | CUSIP: 000000000<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |    400000 | PA      | $387450.00    | 0.11%             | 2031-04-28      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                         | Egypt Government International Bond                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |   1000000 | PA      | $900000.00    | 0.26%             | 2027-01-31      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CNTL AMR BOTTLING CORP                         | Central American Bottling Corp / CBC Bottling Holdco SL / Beliv Holdco SL        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | VG        |    600000 | PA      | $572424.00    | 0.17%             | 2029-04-27      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHINA CITIC BANK INTL                          | China CITIC Bank International Ltd                                               | CUSIP: 000000000<br>LEI: 54930034UPFJV0NHXV95 | Long             | DBT              | CORP              | HK        |    250000 | PA      | $243750.00    | 0.07%             | 2027-04-22      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                            | Petroleos Mexicanos                                                              | CUSIP: 71654QDE9<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |   1950000 | PA      | $1556880.00   | 0.45%             | 2031-01-28      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                        | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAL5<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    600000 | PA      | $594375.00    | 0.17%             | 2024-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| EASY TACTIC LTD                                | Easy Tactic Ltd                                                                  | CUSIP: 000000000<br>LEI: 549300WYFMC41MKE6E16 | Long             | DBT              | CORP              | VG        |   1214663 | PA      | $386262.83    | 0.11%             | 2027-07-11      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ITAU UNIBANCO HLDG SA/KY                       | Itau Unibanco Holding SA/Cayman Island                                           | CUSIP: 46556M2A9<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | DBT              | CORP              | BR        |    400000 | PA      | $364700.00    | 0.11%             | 2031-04-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Tullow Oil PLC                                 | Tullow Oil PLC                                                                   | CUSIP: 000000000<br>LEI: 2138003EYHWO75RKS857 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $284000.00    | 0.08%             | 2025-03-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Oi SA                                          | Oi SA                                                                            | CUSIP: 000000000<br>LEI: 254900YEMWCRRAGD4978 | Long             | DBT              | CORP              | BR        |    784000 | PA      | $78792.00     | 0.02%             | 2025-07-27      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| B3 SA-BRASIL BOLSA BALCA                       | B3 SA - Brasil Bolsa Balcao                                                      | CUSIP: 000000000<br>LEI: 4GTK5S46E6H318LMDS44 | Long             | DBT              | CORP              | BR        |    400000 | PA      | $347000.00    | 0.10%             | 2031-09-20      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                            | Petroleos Mexicanos                                                              | CUSIP: 71654QCP5<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    625000 | PA      | $564406.25    | 0.16%             | 2029-01-23      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Ecopetrol SA                                   | Ecopetrol SA                                                                     | CUSIP: 279158AK5<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |    560000 | PA      | $541100.00    | 0.16%             | 2025-01-16      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| TURKCELL ILETISIM HIZMET                       | Turkcell Iletisim Hizmetleri AS                                                  | CUSIP: 000000000<br>LEI: 7890003EX1LTLS2FFL84 | Long             | DBT              | CORP              | TR        |    200000 | PA      | $187787.50    | 0.05%             | 2025-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                         | Egypt Government International Bond                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    600000 | PA      | $388500.00    | 0.11%             | 2061-02-16      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Republic of Turkey                             | Turkey Government International Bond                                             | CUSIP: 900123CM0<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |   1800000 | PA      | $1201500.00   | 0.35%             | 2047-05-11      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| DOMINICAN REPUBLIC                             | Dominican Republic International Bond                                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |   1500000 | PA      | $1275281.25   | 0.37%             | 2032-09-23      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Republic of Turkey                             | Turkey Government International Bond                                             | CUSIP: 900123AY6<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |   1300000 | PA      | $1067625.00   | 0.31%             | 2036-03-17      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| SAN MIGUEL CORP                                | San Miguel Corp                                                                  | CUSIP: 000000000<br>LEI: 549300AGC9NFF12PHN68 | Long             | DBT              | CORP              | PH        |    200000 | PA      | $184250.00    | 0.05%             | 2025-07-29      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| 10 RENEW POWER SUBSIDIAR                       | ReNew Wind Energy AP2 / ReNew Power Pvt Ltd other 9 Subsidiaries                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | IN        |    200000 | PA      | $170500.00    | 0.05%             | 2028-07-14      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| LIQUID TELECOM FINANCE                         | Liquid Telecommunications Financing Plc                                          | CUSIP: 000000000<br>LEI: 635400MXAVJRJJCWVI87 | Long             | DBT              | CORP              | GB        |    400000 | PA      | $302700.00    | 0.09%             | 2026-09-04      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MOVIDA EUROPE SA                               | Movida Europe SA                                                                 | CUSIP: 000000000<br>LEI: 549300YRJE0V6QKU7C86 | Long             | DBT              | CORP              | LU        |    400000 | PA      | $290480.00    | 0.08%             | 2031-02-08      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SINO OCEAN LAND IV                             | Sino-Ocean Land Treasure IV Ltd                                                  | CUSIP: 000000000<br>LEI: 213800EAGXDYG9QWS896 | Long             | DBT              | CORP              | VG        |    200000 | PA      | $163375.00    | 0.05%             | 2025-01-13      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                         | Egypt Government International Bond                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    600000 | PA      | $564000.00    | 0.16%             | 2024-05-29      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SERBIA                             | Serbia International Bond                                                        | CUSIP: 000000000<br>LEI: 254900W94OCY91V32O78 | Long             | DBT              | NUSS              | RS        |    535000 | PA      | $406533.13    | 0.12%             | 2030-12-01      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| XP INC                                         | XP Inc                                                                           | CUSIP: 000000000<br>LEI: 5493008KDA8NBZRJST80 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $358325.00    | 0.10%             | 2026-07-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| SHARJAH SUKUK PROGRAM                          | Sharjah Sukuk Program Ltd                                                        | CUSIP: 000000000<br>LEI: 549300N3BQ9P6RRMVV02 | Long             | DBT              | NUSS              | KY        |    800000 | PA      | $761650.00    | 0.22%             | 2028-03-14      | Fixed         | 4.23%                 | No            |                  2 | On Loan: No      |
| FWD GROUP LTD                                  | FWD Group Ltd                                                                    | CUSIP: 000000000<br>LEI: 254900DONRZV54KDYN04 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $371450.00    | 0.11%             | 2024-09-13      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Republic of Turkey                             | Turkey Government International Bond                                             | CUSIP: 900123CG3<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |   1400000 | PA      | $1050000.00   | 0.30%             | 2045-02-17      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| The Federal Republic of Nigeria                | Nigeria Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    600000 | PA      | $492000.00    | 0.14%             | 2027-11-28      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MEDCO OAK TREE PTE LTD                         | Medco Oak Tree Pte Ltd                                                           | CUSIP: 000000000<br>LEI: 254900AU06KP3JTGZL51 | Long             | DBT              | CORP              | SG        |    200000 | PA      | $198700.00    | 0.06%             | 2026-05-14      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| NWD FINANCE (BVI) LTD                          | NWD Finance BVI Ltd                                                              | CUSIP: 000000000<br>LEI: 25490076V8K09HMNCT88 | Long             | DBT              | CORP              | VG        |    600000 | PA      | $561000.00    | 0.16%             | 2026-03-22      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MANILA WATER CO INC                            | Manila Water Co Inc                                                              | CUSIP: 000000000<br>LEI: 5493004SJIK0GOUIZM45 | Long             | DBT              | CORP              | PH        |    200000 | PA      | $175500.00    | 0.05%             | 2030-07-30      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| PETROBRAS GLOBAL FINANCE                       | Petrobras Global Finance BV                                                      | CUSIP: 71645WAQ4<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |    350000 | PA      | $335846.88    | 0.10%             | 2040-01-20      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| REPUBLIC OF ANGOLA                             | Angolan Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |    600000 | PA      | $525000.00    | 0.15%             | 2049-11-26      | Fixed         | 9.13%                 | No            |                  2 | On Loan: No      |
| TULLOW OIL PLC                                 | Tullow Oil PLC                                                                   | CUSIP: 000000000<br>LEI: 2138003EYHWO75RKS857 | Long             | DBT              | CORP              | GB        |    906000 | PA      | $776895.00    | 0.22%             | 2026-05-15      | Fixed         | 10.25%                | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                         | Egypt Government International Bond                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    800000 | PA      | $664000.00    | 0.19%             | 2029-03-01      | Fixed         | 7.60%                 | No            |                  2 | On Loan: No      |
| TOTAL PLAY TELECOM                             | Total Play Telecomunicaciones SA de CV                                           | CUSIP: 000000000<br>LEI: 4469000001BSAPAMOQ06 | Long             | DBT              | CORP              | MX        |    400000 | PA      | $373080.00    | 0.11%             | 2025-11-12      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| TUNISIAN REPUBLIC                              | Tunisian Republic                                                                | CUSIP: 000000000<br>LEI: 254900B5LFB16S9T2T11 | Long             | DBT              | NUSS              | TN        |    400000 | PA      | $259700.00    | 0.08%             | 2025-01-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ADANI GREEN ENERGY UP                          | Adani Green Energy UP Ltd / Prayatna Developers Pvt Ltd / Parampujya Solar Energ | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | IN        |    200000 | PA      | $184000.00    | 0.05%             | 2024-12-10      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Dominican Republic                             | Dominican Republic International Bond                                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    625000 | PA      | $621796.88    | 0.18%             | 2025-01-27      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SANDS CHINA LTD                                | Sands China Ltd                                                                  | CUSIP: 80007RAQ8<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $339500.00    | 0.10%             | 2029-03-08      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| FRANSHION BRILLIANT LTD                        | Franshion Brilliant Ltd                                                          | CUSIP: 000000000<br>LEI: 549300E3ZP4GOU3D4G57 | Long             | DBT              | CORP              | VG        |    200000 | PA      | $183812.50    | 0.05%             | 2026-02-08      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF TURKEY                             | Turkey Government International Bond                                             | CUSIP: 900123CX6<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |   1000000 | PA      | $930000.00    | 0.27%             | 2025-03-13      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| TURKIYE VAKIFLAR BANKASI                       | Turkiye Vakiflar Bankasi TAO                                                     | CUSIP: 000000000<br>LEI: 789000KAIHOLSQKQ9858 | Long             | DBT              | CORP              | TR        |    600000 | PA      | $564112.50    | 0.16%             | 2025-02-05      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                         | Brazilian Government International Bond                                          | CUSIP: 105756CA6<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |   1000000 | PA      | $945812.50    | 0.27%             | 2029-05-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| WHEELOCK MTN BVI LTD                           | Wheelock MTN BVI Ltd                                                             | CUSIP: 000000000<br>LEI: 2549008QJTQY2VB3MV48 | Long             | DBT              | CORP              | VG        |    200000 | PA      | $184225.00    | 0.05%             | 2026-01-25      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Eskom Holdings SOC Ltd                         | Eskom Holdings SOC Ltd                                                           | CUSIP: 000000000<br>LEI: 3789001900ED06F65111 | Long             | DBT              | CORP              | ZA        |    460000 | PA      | $438955.00    | 0.13%             | 2025-02-11      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| NEXA RESOURCES SA                              | Nexa Resources SA                                                                | CUSIP: 000000000<br>LEI: 549300QRMRHM7GAU7L47 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $197425.00    | 0.06%             | 2028-01-18      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| SHRIRAM FINANCE LTD                            | Shriram Finance Ltd                                                              | CUSIP: 000000000<br>LEI: 335800TM2YO24B76XL26 | Long             | DBT              | CORP              | IN        |    400000 | PA      | $384000.00    | 0.11%             | 2024-03-13      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Petroleos del Peru SA                          | Petroleos del Peru SA                                                            | CUSIP: 000000000<br>LEI: 549300ZMGDLC9JT2OR80 | Long             | DBT              | CORP              | PE        |    400000 | PA      | $305000.00    | 0.09%             | 2032-06-19      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                         | Brazilian Government International Bond                                          | CUSIP: 105756BV1<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |   2348000 | PA      | $2316889.00   | 0.67%             | 2025-01-07      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| CHINA CITIC BANK INTL                          | China CITIC Bank International Ltd                                               | CUSIP: 000000000<br>LEI: 54930034UPFJV0NHXV95 | Long             | DBT              | CORP              | HK        |    250000 | PA      | $232859.38    | 0.07%             | 2026-07-29      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                             | Ukraine Government International Bond                                            | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |    800000 | PA      | $173650.00    | 0.05%             | 2030-11-01      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| COSAN LUXEMBOURG SA                            | Cosan Luxembourg SA                                                              | CUSIP: 000000000<br>LEI: 222100ZY943WERK7RZ38 | Long             | DBT              | CORP              | LU        |    400000 | PA      | $401950.00    | 0.12%             | 2027-01-20      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| EMIRATES NBD BANK PJSC                         | Emirates NBD Bank PJSC                                                           | CUSIP: 000000000<br>LEI: 54930029BCN8HF3B1286 | Long             | DBT              | CORP              | AE        |    400000 | PA      | $370950.00    | 0.11%             | 2027-02-27      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF KENYA                              | Republic of Kenya Government International Bond                                  | CUSIP: 000000000<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |    600000 | PA      | $526500.00    | 0.15%             | 2028-02-28      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| LIGHT SERVICOS ENERGIA                         | Light Servicos de Eletricidade SA/Light Energia SA                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | BR        |    400000 | PA      | $227700.00    | 0.07%             | 2026-06-18      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BANCO DO BRASIL (CAYMAN)                       | Banco do Brasil SA/Cayman                                                        | CUSIP: 000000000<br>LEI: QE0Q0253K88YAGNPE356 | Long             | DBT              | CORP              | BR        |    400000 | PA      | $394800.00    | 0.11%             | 2024-03-20      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS L                       | First Quantum Minerals Ltd                                                       | CUSIP: 000000000<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |    600000 | PA      | $591030.00    | 0.17%             | 2025-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                             | Ukraine Government International Bond                                            | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |    850000 | PA      | $182643.75    | 0.05%             | 2026-09-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CSN ISLANDS XI CORP                            | CSN Inova Ventures                                                               | CUSIP: 000000000<br>LEI: 222100R8R68DM7VM3661 | Long             | DBT              | CORP              | KY        |    600000 | PA      | $599400.00    | 0.17%             | 2028-01-28      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SHARJAH SUKUK PROGRAM                          | Sharjah Sukuk Program Ltd                                                        | CUSIP: 000000000<br>LEI: 549300N3BQ9P6RRMVV02 | Long             | DBT              | NUSS              | KY        |    500000 | PA      | $446031.25    | 0.13%             | 2029-10-23      | Fixed         | 3.23%                 | No            |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                         | Egypt Government International Bond                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |   1000000 | PA      | $709562.50    | 0.21%             | 2031-02-16      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| HAZINE MUSTESARLIGI VARL                       | Hazine Mustesarligi Varlik Kiralama AS                                           | CUSIP: 000000000<br>LEI: 6354003QFJP7RDXEOZ20 | Long             | DBT              | CORP              | TR        |    400000 | PA      | $379825.00    | 0.11%             | 2024-11-25      | Fixed         | 4.49%                 | No            |                  2 | On Loan: No      |
| WYNN MACAU LTD                                 | Wynn Macau Ltd                                                                   | CUSIP: 000000000<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |    800000 | PA      | $708000.00    | 0.20%             | 2028-08-26      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| FORTUNE STAR BVI LTD                           | Fortune Star BVI Ltd                                                             | CUSIP: 000000000<br>LEI: 2549008CU8NYQQRSNU62 | Long             | DBT              | CORP              | VG        |    200000 | PA      | $155625.00    | 0.04%             | 2027-01-27      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                             | Ukraine Government International Bond                                            | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |    750000 | PA      | $164906.25    | 0.05%             | 2029-09-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF COLOMBIA                           | Colombia Government International Bond                                           | CUSIP: 195325DX0<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    600000 | PA      | $344925.00    | 0.10%             | 2061-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ULKER BISKUVI SANAYI AS                        | Ulker Biskuvi Sanayi AS                                                          | CUSIP: 000000000<br>LEI: 7890009HEU9BS7J3DA93 | Long             | DBT              | CORP              | TR        |    400000 | PA      | $353575.00    | 0.10%             | 2025-10-30      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| SHELF DRILL HOLD LTD                           | Shelf Drilling Holdings Ltd                                                      | CUSIP: 000000000<br>LEI: 54930078ZJ3XP4MRYB68 | Long             | DBT              | CORP              | KY        |    470000 | PA      | $442975.00    | 0.13%             | 2025-02-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| CHAMPION PATH HOLDINGS                         | Champion Path Holdings Ltd                                                       | CUSIP: 000000000<br>LEI: 549300QWJFPV5413KI88 | Long             | DBT              | CORP              | VG        |    200000 | PA      | $173350.00    | 0.05%             | 2028-01-27      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                         | Egypt Government International Bond                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |   1000000 | PA      | $760500.00    | 0.22%             | 2032-05-29      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| SINO OCEAN LND TRS FIN I                       | Sino-Ocean Land Treasure Finance I Ltd                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | VG        |    200000 | PA      | $172912.50    | 0.05%             | 2024-07-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Republic of Sri Lanka                          | Sri Lanka Government International Bond                                          | CUSIP: 000000000<br>LEI: 254900HXCCIOHM74FA02 | Long             | DBT              | NUSS              | LK        |    700000 | PA      | $232827.00    | 0.07%             | 2029-03-14      | Fixed         | 7.85%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GHANA                              | Ghana Government International Bond                                              | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |    800000 | PA      | $296000.00    | 0.09%             | 2027-02-11      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                             | Ukraine Government International Bond                                            | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |    800000 | PA      | $173600.00    | 0.05%             | 2028-09-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                            | Petroleos Mexicanos                                                              | CUSIP: 71654QCC4<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |   2800000 | PA      | $1935500.00   | 0.56%             | 2047-09-21      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SIMPAR EUROPE SA                               | Simpar Europe SA                                                                 | CUSIP: 000000000<br>LEI: 54930068BSUST41D5C30 | Long             | DBT              | CORP              | LU        |    400000 | PA      | $290720.00    | 0.08%             | 2031-01-26      | Fixed         | 5.20%                 | No            |                  2 | On Loan: —       |
| Republic of Ghana                              | Ghana Government International Bond                                              | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |    500000 | PA      | $183750.00    | 0.05%             | 2032-03-26      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| PETROBRAS GLOBAL FINANCE                       | Petrobras Global Finance BV                                                      | CUSIP: 71647NAY5<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |    626000 | PA      | $625624.40    | 0.18%             | 2028-01-27      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| POWERLONG REAL ESTATE                          | Powerlong Real Estate Holdings Ltd                                               | CUSIP: 000000000<br>LEI: 549300R3K12EPXCGDP22 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $121700.00    | 0.04%             | 2024-08-10      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF KENYA                              | Republic of Kenya Government International Bond                                  | CUSIP: 000000000<br>LEI: 549300VVURQQYU45PR87 | Long             | DBT              | NUSS              | KE        |    600000 | PA      | $519000.00    | 0.15%             | 2032-05-22      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| COSAN SA                                       | Cosan SA                                                                         | CUSIP: 000000000<br>LEI: 549300PGFCX2JMKKLC96 | Long             | DBT              | CORP              | BR        |    400000 | PA      | $379075.00    | 0.11%             | 2029-09-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ODEBRECHT HOLDCO FIN LTD                       | Odebrecht Holdco Finance Ltd                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    900000 | PA      | $1687.50      | 0.00%             | 2058-09-10      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MERCADOLIBRE INC                               | MercadoLibre Inc                                                                 | CUSIP: 58733RAF9<br>LEI: 549300DKPDN9M5S8GB14 | Long             | DBT              | CORP              | US        |    400000 | PA      | $316150.00    | 0.09%             | 2031-01-14      | Fixed         | 3.13%                 | No            |                  2 | On Loan: —       |
| REPUBLIC OF SOUTH AFRICA                       | Republic of South Africa Government International Bond                           | CUSIP: 836205BA1<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |   1100000 | PA      | $1001000.00   | 0.29%             | 2029-09-30      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Lebanese Republic                              | Lebanon Government International Bond                                            | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |    760000 | PA      | $47500.00     | 0.01%             | 2026-11-27      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PAKISTAN GLOBAL SUKUK                          | Pakistan Global Sukuk Programme Co Ltd/The                                       | CUSIP: 000000000<br>LEI: 213800X5OY6CVYNY1M70 | Long             | DBT              | NUSS              | PK        |    400000 | PA      | $239044.00    | 0.07%             | 2029-01-31      | Fixed         | 7.95%                 | No            |                  2 | On Loan: No      |
| CHINA SCE GRP HLDGS LTD                        | China SCE Group Holdings Ltd                                                     | CUSIP: 000000000<br>LEI: 549300Q8UEI2ERAP6P49 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $214000.00    | 0.06%             | 2025-05-02      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| WYNN MACAU LTD                                 | Wynn Macau Ltd                                                                   | CUSIP: 000000000<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |    600000 | PA      | $561000.00    | 0.16%             | 2026-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CSN RESOURCES SA                               | CSN Resources SA                                                                 | CUSIP: 000000000<br>LEI: 222100ZEX458NMOXZP08 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $181500.00    | 0.05%             | 2032-04-08      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| AVIANCA MIDCO 2 PLC                            | Avianca Midco 2 PLC                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    850000 | PA      | $637500.00    | 0.18%             | 2028-12-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| JSM GLOBAL SARL                                | JSM Global Sarl                                                                  | CUSIP: 000000000<br>LEI: 222100JFIJNVE1XMFY68 | Long             | DBT              | CORP              | LU        |    400000 | PA      | $65000.00     | 0.02%             | 2030-10-20      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Ecopetrol SA                                   | Ecopetrol SA                                                                     | CUSIP: 279158AL3<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |    750000 | PA      | $722381.25    | 0.21%             | 2026-06-26      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| PETROLEOS MEXICANOS                            | Petroleos Mexicanos                                                              | CUSIP: 71654QDL3<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |   1000000 | PA      | $973750.00    | 0.28%             | 2029-06-02      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| IVORY COAST                                    | Ivory Coast Government International Bond                                        | CUSIP: 000000000<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |    600000 | PA      | $532500.00    | 0.15%             | 2033-06-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| PETROBRAS GLOBAL FINANCE                       | Petrobras Global Finance BV                                                      | CUSIP: 71647NAM1<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $200537.50    | 0.06%             | 2024-03-17      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ENERGEAN ISRAEL FINANCE                        | Energean Israel Finance Ltd                                                      | CUSIP: 000000000<br>LEI: 98450044QACBL3F8EB03 | Long             | DBT              | CORP              | IL        |    300000 | PA      | $292125.00    | 0.08%             | 2024-03-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ORIFLAME INVESTMENT HLDG                       | Oriflame Investment Holding PLC                                                  | CUSIP: 000000000<br>LEI: 549300LGP4VBCHWQTD80 | Long             | DBT              | CORP              | JE        |    200000 | PA      | $127550.00    | 0.04%             | 2026-05-04      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Petroleos del Peru SA                          | Petroleos del Peru SA                                                            | CUSIP: 000000000<br>LEI: 549300ZMGDLC9JT2OR80 | Long             | DBT              | CORP              | PE        |   1100000 | PA      | $736450.00    | 0.21%             | 2047-06-19      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Petroleos Mexicanos                            | Petroleos Mexicanos                                                              | CUSIP: 71654QAZ5<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    800000 | PA      | $570480.00    | 0.16%             | 2041-06-02      | Fixed         | 6.50%                 | No            |                  2 | On Loan: —       |
| MGM CHINA HOLDINGS LTD                         | MGM China Holdings Ltd                                                           | CUSIP: 000000000<br>LEI: 529900VZFN87OS7WJM66 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $189787.50    | 0.05%             | 2025-06-18      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Kingdom of Bahrain                             | Bahrain Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300RODM1WN85LFQ95 | Long             | DBT              | NUSS              | BH        |    700000 | PA      | $722006.25    | 0.21%             | 2028-10-12      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| SMC GLOBAL POWER HLDGS                         | SMC Global Power Holdings Corp                                                   | CUSIP: 000000000<br>LEI: 549300HBCE80QXKII590 | Long             | DBT              | CORP              | PH        |    400000 | PA      | $307075.00    | 0.09%             | 2026-12-09      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| TIMES CHINA HLDG LTD                           | Times China Holdings Ltd                                                         | CUSIP: 000000000<br>LEI: 2549000KTINB9ZPZP710 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $37500.00     | 0.01%             | 2025-07-08      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| GRUPO INVERSIONES SURAME                       | Grupo de Inversiones Suramericana SA                                             | CUSIP: 000000000<br>LEI: 549300AC1Q176TZL0305 | Long             | DBT              | CORP              | CO        |    200000 | PA      | $194225.00    | 0.06%             | 2026-04-29      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| REPUBLIC OF COLOMBIA                           | Colombia Government International Bond                                           | CUSIP: 195325EG6<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    400000 | PA      | $395800.00    | 0.11%             | 2034-02-02      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                         | Brazilian Government International Bond                                          | CUSIP: 105756BZ2<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |   1600000 | PA      | $1552800.00   | 0.45%             | 2028-01-13      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| ARAB REPUBLIC OF EGYPT                         | Egypt Government International Bond                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    600000 | PA      | $496500.00    | 0.14%             | 2028-02-21      | Fixed         | 6.59%                 | No            |                  2 | On Loan: No      |
| NBM US HOLDINGS INC                            | NBM US Holdings Inc                                                              | CUSIP: U63768AB8<br>LEI: 5493008K1QMSP0J8UC24 | Long             | DBT              | CORP              | US        |    400000 | PA      | $388325.00    | 0.11%             | 2029-08-06      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| LEVIATHAN BOND LTD                             | Leviathan Bond Ltd                                                               | CUSIP: 000000000<br>LEI: 254900D9T8VKYVQNZ220 | Long             | DBT              | CORP              | IL        |    250000 | PA      | $242390.63    | 0.07%             | 2030-06-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| KLABIN AUSTRIA GMBH                            | Klabin Austria GmbH                                                              | CUSIP: 000000000<br>LEI: 984500578YEA8DD41B09 | Long             | DBT              | CORP              | AT        |    400000 | PA      | $402800.00    | 0.12%             | 2049-04-03      | Fixed         | 7.00%                 | No            |                  2 | On Loan: —       |
| SANDS CHINA LTD                                | Sands China Ltd                                                                  | CUSIP: 80007RAS4<br>LEI: 549300EVO6UZDGY05787 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $330000.00    | 0.10%             | 2031-08-08      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BANCO DO BRASIL (CAYMAN)                       | Banco do Brasil SA/Cayman                                                        | CUSIP: 000000000<br>LEI: QE0Q0253K88YAGNPE356 | Long             | DBT              | CORP              | BR        |    600000 | PA      | $600300.00    | 0.17%             | 2023-04-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| NETWORK I2I LTD                                | Network i2i Ltd                                                                  | CUSIP: 000000000<br>LEI: 2549003L8M1FGHLHOX45 | Long             | DBT              | CORP              | MU        |    200000 | PA      | $180412.50    | 0.05%             | 2026-03-03      | Fixed         | 3.98%                 | No            |                  2 | On Loan: No      |
| Lebanese Republic                              | Lebanon Government International Bond                                            | CUSIP: 000000000<br>LEI: 529900QPC4K9S1KHL354 | Long             | DBT              | NUSS              | LB        |    475000 | PA      | $29687.50     | 0.01%             | 2032-03-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Dominican Republic                             | Dominican Republic International Bond                                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    750000 | PA      | $730453.13    | 0.21%             | 2044-04-30      | Fixed         | 7.45%                 | No            |                  2 | On Loan: —       |
| TRINIDAD & TOBAGO                              | Trinidad & Tobago Government International Bond                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | TT        |    400000 | PA      | $394075.00    | 0.11%             | 2026-08-04      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| OMAN GOV INTERNTL BOND                         | Oman Government International Bond                                               | CUSIP: 000000000<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |    800000 | PA      | $826900.00    | 0.24%             | 2031-01-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa                       | Republic of South Africa Government International Bond                           | CUSIP: 836205AR5<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    986000 | PA      | $990190.50    | 0.29%             | 2025-09-16      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GABON                              | Gabon Government International Bond                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | GA        |    600000 | PA      | $501300.00    | 0.14%             | 2031-02-06      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| ODBRCHT OFFSHRE DRLL FIN                       | Odebrecht Offshore Drilling Finance Ltd                                          | CUSIP: 000000000<br>LEI: 549300L7LF2PIRAWID66 | Long             | DBT              | CORP              | KY        |    950405 | PA      | $200773.06    | 0.06%             | 2026-12-01      | Fixed         | 7.72%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF TURKEY                             | Turkey Government International Bond                                             | CUSIP: 900123CV0<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |   1050000 | PA      | $1028868.75   | 0.30%             | 2024-08-10      | Fixed         | 6.35%                 | No            |                  2 | On Loan: —       |
| DOMINICAN REPUBLIC                             | Dominican Republic International Bond                                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |   1000000 | PA      | $925000.00    | 0.27%             | 2033-02-22      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SOUTH AFRICA                       | Republic of South Africa Government International Bond                           | CUSIP: 836205BC7<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    900000 | PA      | $833625.00    | 0.24%             | 2032-04-20      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BANGKOK BANK PCL/HK                            | Bangkok Bank PCL/Hong Kong                                                       | CUSIP: 000000000<br>LEI: 549300CCL2BKJGMYXV60 | Long             | DBT              | CORP              | TH        |    600000 | PA      | $528000.00    | 0.15%             | 2034-09-25      | Fixed         | 3.73%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                           | Colombia Government International Bond                                           | CUSIP: 195325CX1<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    800000 | PA      | $763900.00    | 0.22%             | 2026-01-28      | Fixed         | 4.50%                 | No            |                  2 | On Loan: —       |
| EASE TRADE GLOBAL LTD                          | Ease Trade Global Ltd                                                            | CUSIP: 000000000<br>LEI: 894500C01BXHHDWBXT88 | Long             | DBT              | CORP              | VG        |    400000 | PA      | $376075.00    | 0.11%             | 2025-11-10      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AGROSUPER SA                                   | Agrosuper SA                                                                     | CUSIP: 000000000<br>LEI: 5493006KNWOGYPTZZ371 | Long             | DBT              | CORP              | CL        |    200000 | PA      | $178287.50    | 0.05%             | 2032-01-20      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Republic of Turkey                             | Turkey Government International Bond                                             | CUSIP: 900123BG4<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    950000 | PA      | $750500.00    | 0.22%             | 2040-05-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Republic of Turkey                             | Turkey Government International Bond                                             | CUSIP: 900123CP3<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |   1200000 | PA      | $1026000.00   | 0.30%             | 2028-02-17      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                             | Dominican Republic International Bond                                            | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |    850000 | PA      | $797831.25    | 0.23%             | 2029-02-22      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LI & FUNG LTD                                  | Li & Fung Ltd                                                                    | CUSIP: 000000000<br>LEI: 254900B5ACVOJC6VNM71 | Long             | DBT              | CORP              | BM        |    400000 | PA      | $246500.00    | 0.07%             | 2023-05-03      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MC BRAZIL DWNSTRM                              | MC Brazil Downstream Trading SARL                                                | CUSIP: 000000000<br>LEI: 213800T2A7R9TYNXZI63 | Long             | DBT              | CORP              | LU        |    773000 | PA      | $674210.45    | 0.19%             | 2031-06-30      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| BRF SA                                         | BRF SA                                                                           | CUSIP: 000000000<br>LEI: 254900MTXR9LUVQFU480 | Long             | DBT              | CORP              | BR        |    400000 | PA      | $278950.00    | 0.08%             | 2050-09-21      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FED REPUBLIC OF BRAZIL                         | Brazilian Government International Bond                                          | CUSIP: 105756AR1<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    450000 | PA      | $465693.75    | 0.13%             | 2024-04-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| YAPI VE KREDI BANKASI AS                       | Yapi ve Kredi Bankasi AS                                                         | CUSIP: 000000000<br>LEI: B85ZYWEZ5IZCZ2WNIO12 | Long             | DBT              | CORP              | TR        |    200000 | PA      | $188037.50    | 0.05%             | 2031-01-22      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CEMEX SAB DE CV                                | Cemex SAB de CV                                                                  | CUSIP: 000000000<br>LEI: 549300RIG2CXWN6IV731 | Long             | DBT              | CORP              | MX        |    400000 | PA      | $384430.00    | 0.11%             | 2029-11-19      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Republic of Turkey                             | Turkey Government International Bond                                             | CUSIP: 900123CK4<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |   1500000 | PA      | $1323750.00   | 0.38%             | 2026-10-09      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| IHS HOLDING LTD                                | IHS Holding Ltd                                                                  | CUSIP: 000000000<br>LEI: 213800CLGMKL63VKTD94 | Long             | DBT              | CORP              | KY        |    200000 | PA      | $163713.00    | 0.05%             | 2028-11-29      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MSU ENERGY SA / UGEN SA                        | MSU Energy SA / UGEN SA / UENSA SA                                               | CUSIP: 000000000<br>LEI: 529900D1ZX75KRP2HC66 | Long             | DBT              | CORP              | AR        |    300000 | PA      | $226931.25    | 0.07%             | 2025-02-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| OMAN GOV INTERNTL BOND                         | Oman Government International Bond                                               | CUSIP: 000000000<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |   1400000 | PA      | $1373750.00   | 0.40%             | 2048-01-17      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| STILLWATER MINING CO                           | Stillwater Mining Co                                                             | CUSIP: 000000000<br>LEI: 6354007DPCY4ZN2MRR73 | Long             | DBT              | CORP              | US        |    200000 | PA      | $185000.00    | 0.05%             | 2026-11-16      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARAB REPUBLIC OF EGYPT                         | Egypt Government International Bond                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |    400000 | PA      | $332000.00    | 0.10%             | 2027-09-30      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| HTA GROUP LTD                                  | HTA Group Ltd/Mauritius                                                          | CUSIP: 000000000<br>LEI: 213800WEFU8O8X6EPU13 | Long             | DBT              | CORP              | MU        |    400000 | PA      | $375825.00    | 0.11%             | 2025-12-18      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| AXIS BANK GIFT CITY                            | Axis Bank Ltd/Gift City                                                          | CUSIP: 000000000<br>LEI: 549300HVNWMJPOFVNI41 | Long             | DBT              | CORP              | IN        |    200000 | PA      | $176500.00    | 0.05%             | 2026-09-08      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Republic of Colombia                           | Colombia Government International Bond                                           | CUSIP: 195325DL6<br>LEI: 549300MHDRBVRF6B9117 | Long             | DBT              | NUSS              | CO        |    800000 | PA      | $724150.00    | 0.21%             | 2027-04-25      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| REDE D'OR FINANCE SARL                         | Rede D'or Finance Sarl                                                           | CUSIP: 000000000<br>LEI: 549300FDE772OLJUCP79 | Long             | DBT              | CORP              | LU        |    300000 | PA      | $262968.75    | 0.08%             | 2030-01-22      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SMC GLOBAL POWER HLDGS                         | SMC Global Power Holdings Corp                                                   | CUSIP: 000000000<br>LEI: 549300HBCE80QXKII590 | Long             | DBT              | CORP              | PH        |    400000 | PA      | $362325.00    | 0.10%             | 2025-10-21      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF TURKEY                             | Turkey Government International Bond                                             | CUSIP: 900123CW8<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |   1100000 | PA      | $1056000.00   | 0.31%             | 2024-11-14      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| Turk Telekomunikasyon AS                       | Turk Telekomunikasyon AS                                                         | CUSIP: 000000000<br>LEI: 789000A2TXOI10JZLF90 | Long             | DBT              | CORP              | TR        |    200000 | PA      | $189412.50    | 0.05%             | 2025-02-28      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Republic of Angola                             | Angolan Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |    800000 | PA      | $712000.00    | 0.21%             | 2048-05-08      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| NWD MTN LTD                                    | NWD MTN Ltd                                                                      | CUSIP: 000000000<br>LEI: 254900STSWBVJ5FV9O74 | Long             | DBT              | CORP              | VG        |    200000 | PA      | $173537.50    | 0.05%             | 2030-05-19      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BANK OF COMMUNICATION HK                       | Bank of Communications Hong Kong Ltd                                             | CUSIP: 000000000<br>LEI: 254900BIDL79UKUMX541 | Long             | DBT              | CORP              | HK        |    250000 | PA      | $241562.50    | 0.07%             | 2025-03-03      | Fixed         | 3.73%                 | No            |                  2 | On Loan: No      |
| OMAN GOV INTERNTL BOND                         | Oman Government International Bond                                               | CUSIP: 000000000<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |   1400000 | PA      | $1405950.00   | 0.41%             | 2028-01-17      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| UKRAINE GOVERNMENT                             | Ukraine Government International Bond                                            | CUSIP: 000000000<br>LEI: 6354001WLTJXOMEXPY07 | Long             | DBT              | NUSS              | UA        |    675000 | PA      | $143985.94    | 0.04%             | 2027-09-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Republic of Sri Lanka                          | Sri Lanka Government International Bond                                          | CUSIP: 000000000<br>LEI: 254900HXCCIOHM74FA02 | Long             | DBT              | NUSS              | LK        |    700000 | PA      | $232827.00    | 0.07%             | 2028-04-18      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Republic of Senegal                            | Senegal Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300NP14ZLQGWIUZ97 | Long             | DBT              | NUSS              | SN        |    600000 | PA      | $448500.00    | 0.13%             | 2048-03-13      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| DIB TIER 1 SUKUK 4                             | DIB Tier 1 Sukuk 4 Ltd                                                           | CUSIP: 000000000<br>LEI: 549300IQG21X8RDVRG95 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $385575.00    | 0.11%             | 2026-05-19      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| PETROBRAS GLOBAL FINANCE                       | Petrobras Global Finance BV                                                      | CUSIP: 71647NBJ7<br>LEI: 549300FNENFFSMO3GT38 | Long             | DBT              | CORP              | NL        |    350000 | PA      | $272343.75    | 0.08%             | 2051-06-10      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| Republic of South Africa                       | Republic of South Africa Government International Bond                           | CUSIP: 836205AX2<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    800000 | PA      | $612000.00    | 0.18%             | 2047-09-27      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| TERMOCANDELARIA POWER                          | Termocandelaria Power Ltd                                                        | CUSIP: 000000000<br>LEI: 549300YDORW43JL6G659 | Long             | DBT              | CORP              | KY        |    310000 | PA      | $289075.00    | 0.08%             | 2029-01-30      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Republic of El Salvador                        | El Salvador Government International Bond                                        | CUSIP: 000000000<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |    450000 | PA      | $216506.25    | 0.06%             | 2035-06-15      | Fixed         | 7.65%                 | No            |                  2 | On Loan: No      |
| NWD FINANCE (BVI) LTD                          | NWD Finance BVI Ltd                                                              | CUSIP: 000000000<br>LEI: 25490076V8K09HMNCT88 | Long             | DBT              | CORP              | VG        |    400000 | PA      | $288000.00    | 0.08%             | 2023-09-09      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| CONTINUUM ENERGY LEVANTE                       | Continuum Energy Levanter Pte Ltd                                                | CUSIP: 000000000<br>LEI: 254900MFSMO37F3WJ232 | Long             | DBT              | CORP              | SG        |    193500 | PA      | $173182.50    | 0.05%             | 2027-02-09      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Ecopetrol SA                                   | Ecopetrol SA                                                                     | CUSIP: 279158AE9<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |    400000 | PA      | $347500.00    | 0.10%             | 2043-09-18      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Bancolombia SA                                 | Bancolombia SA                                                                   | CUSIP: 05968LAL6<br>LEI: 54930052NWJRPNMP1W58 | Long             | DBT              | CORP              | CO        |    200000 | PA      | $181460.00    | 0.05%             | 2029-12-18      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| SASOL FINANCING USA LLC                        | Sasol Financing USA LLC                                                          | CUSIP: 80386WAC9<br>LEI: 549300XRB1PFMESFEL85 | Long             | DBT              | CORP              | US        |    200000 | PA      | $184020.00    | 0.05%             | 2026-09-18      | Fixed         | 4.38%                 | No            |                  2 | On Loan: —       |
| WOORI BANK                                     | Woori Bank                                                                       | CUSIP: 000000000<br>LEI: 549300VUVMRL6RE7R376 | Long             | DBT              | CORP              | KR        |    200000 | PA      | $191350.00    | 0.06%             | 2024-10-04      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BANK OF EAST ASIA LTD                          | Bank of East Asia Ltd/The                                                        | CUSIP: 000000000<br>LEI: CO6GC26LCGGRTUESIP55 | Long             | DBT              | CORP              | HK        |    250000 | PA      | $242703.13    | 0.07%             | 2024-09-19      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| TEVA PHARMACEUTICALS NE                        | Teva Pharmaceutical Finance Netherlands III BV                                   | CUSIP: 88167AAQ4<br>LEI: 5493004T21MOAFINJP35 | Long             | DBT              | CORP              | NL        |    400000 | PA      | $369920.00    | 0.11%             | 2029-05-09      | Fixed         | 5.13%                 | No            |                  2 | On Loan: —       |
| CENTRAIS ELETRICAS BRASI                       | Centrais Eletricas Brasileiras SA                                                | CUSIP: 000000000<br>LEI: 254900I8KYDELP4B4Z08 | Long             | DBT              | CORP              | BR        |    400000 | PA      | $350000.00    | 0.10%             | 2030-02-04      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Gol Finance SA                                 | Gol Finance SA                                                                   | CUSIP: 000000000<br>LEI: 5299007RH8MA67ZC6J07 | Long             | DBT              | CORP              | LU        |    300000 | PA      | $154556.25    | 0.04%             | 2025-01-31      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| PETRON CORP                                    | Petron Corp                                                                      | CUSIP: 000000000<br>LEI: 549300R3PFXOFQSZ7G25 | Long             | DBT              | CORP              | PH        |    200000 | PA      | $173350.00    | 0.05%             | 2026-04-19      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| OFFICE CHERIFIEN DES PHO                       | OCP SA                                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | MA        |    400000 | PA      | $385000.00    | 0.11%             | 2044-04-25      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ATENTO LUXCO 1 SA                              | Atento Luxco 1 SA                                                                | CUSIP: 000000000<br>LEI: 549300MLFF3HYCZQTC48 | Long             | DBT              | CORP              | LU        |    300000 | PA      | $133500.00    | 0.04%             | 2026-02-10      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Republic of Turkey                             | Turkey Government International Bond                                             | CUSIP: 900123BJ8<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |   1500000 | PA      | $1074375.00   | 0.31%             | 2041-01-14      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CSN RESOURCES SA                               | CSN Resources SA                                                                 | CUSIP: 000000000<br>LEI: 222100ZEX458NMOXZP08 | Long             | DBT              | CORP              | LU        |    600000 | PA      | $505320.00    | 0.15%             | 2031-06-10      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ISLAMIC REP OF PAKISTAN                        | Pakistan Government International Bond                                           | CUSIP: 000000000<br>LEI: 529900LOP29R5WKHOD86 | Long             | DBT              | NUSS              | PK        |    800000 | PA      | $344088.00    | 0.10%             | 2026-04-08      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MELCO RESORTS FINANCE                          | Melco Resorts Finance Ltd                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |    400000 | PA      | $376000.00    | 0.11%             | 2025-06-06      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| STUDIO CITY FINANCE LTD                        | Studio City Finance Ltd                                                          | CUSIP: 000000000<br>LEI: 254900D6R731QAUIG324 | Long             | DBT              | CORP              | VG        |    200000 | PA      | $177500.00    | 0.05%             | 2028-01-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Republic of Ghana                              | Ghana Government International Bond                                              | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |    500000 | PA      | $185000.00    | 0.05%             | 2029-05-16      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| YPF SOCIEDAD ANONIMA                           | YPF SA                                                                           | CUSIP: 000000000<br>LEI: 5493003N7447U18U5U53 | Long             | DBT              | CORP              | AR        |    300000 | PA      | $227250.00    | 0.07%             | 2033-09-30      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| SINO OCEAN LD TRS III                          | Sino-Ocean Land Treasure III Ltd                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | VG        |    400000 | PA      | $226075.00    | 0.07%             | 2027-09-21      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Republic of Iraq                               | Iraq International Bond                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | IQ        |    781250 | PA      | $722070.31    | 0.21%             | 2028-01-15      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| Bancolombia SA                                 | Bancolombia SA                                                                   | CUSIP: 05968LAK8<br>LEI: 54930052NWJRPNMP1W58 | Long             | DBT              | CORP              | CO        |    400000 | PA      | $397000.00    | 0.11%             | 2027-10-18      | Fixed         | 7.14%                 | No            |                  2 | On Loan: No      |
| BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES | BlackRock Cash Funds: Treasury, SL Agency Shares                                 | CUSIP: 066922477<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |   4459000 | NS      | $4459000.00   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic of Turkey                             | Turkey Government International Bond                                             | CUSIP: 900123CQ1<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |   1300000 | PA      | $1145625.00   | 0.33%             | 2028-10-24      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Republic of Turkey                             | Turkey Government International Bond                                             | CUSIP: 900123CL2<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |   1700000 | PA      | $1542750.00   | 0.45%             | 2027-03-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: —       |
| MARB BONDCO PLC                                | MARB BondCo PLC                                                                  | CUSIP: 000000000<br>LEI: 254900PVA1EU6QM1JN57 | Long             | DBT              | CORP              | GB        |    600000 | PA      | $470853.00    | 0.14%             | 2031-01-29      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| BANCO DO BRASIL (CAYMAN)                       | Banco do Brasil SA/Cayman                                                        | CUSIP: 000000000<br>LEI: QE0Q0253K88YAGNPE356 | Long             | DBT              | CORP              | BR        |    400000 | PA      | $368450.00    | 0.11%             | 2026-09-30      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| The Federal Republic of Nigeria                | Nigeria Government International Bond                                            | CUSIP: 000000000<br>LEI: 549300GSBZD84TNEQ285 | Long             | DBT              | NUSS              | NG        |    800000 | PA      | $604000.00    | 0.17%             | 2032-02-16      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| ALTICE FINANCING SA                            | Altice Financing SA                                                              | CUSIP: 000000000<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |   1000000 | PA      | $837600.00    | 0.24%             | 2029-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF TURKEY                             | Turkey Government International Bond                                             | CUSIP: 900123DB3<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    800000 | PA      | $722000.00    | 0.21%             | 2026-01-26      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| NEW WORLD CHINA LAND LTD                       | New World China Land Ltd                                                         | CUSIP: 000000000<br>LEI: 549300X7767HIID3YE28 | Long             | DBT              | CORP              | KY        |    400000 | PA      | $373000.00    | 0.11%             | 2027-01-23      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MILLICOM INTL CELLULAR                         | Millicom International Cellular SA                                               | CUSIP: 000000000<br>LEI: 549300CTHC1CP86P2G96 | Long             | DBT              | CORP              | LU        |    360000 | PA      | $331200.00    | 0.10%             | 2029-03-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Arab Republic of Egypt                         | Egypt Government International Bond                                              | CUSIP: 000000000<br>LEI: 529900GFIVH4086NMH82 | Long             | DBT              | NUSS              | EG        |   1300000 | PA      | $916500.00    | 0.26%             | 2047-01-31      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| BURGAN BANK                                    | Burgan Bank SAK                                                                  | CUSIP: 000000000<br>LEI: 558600NC81HKXMFSTY52 | Long             | DBT              | CORP              | KW        |    200000 | PA      | $184412.50    | 0.05%             | 2024-07-09      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GHANA                              | Ghana Government International Bond                                              | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |    400000 | PA      | $147000.00    | 0.04%             | 2034-04-07      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| OFFICE CHERIFIEN DES PHO                       | OCP SA                                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | MA        |    300000 | PA      | $297900.00    | 0.09%             | 2024-04-25      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| WEST CHINA CEMENT LTD                          | West China Cement Ltd                                                            | CUSIP: 000000000<br>LEI: 529900MMG3NBTIWPPR63 | Long             | DBT              | CORP              | JE        |    400000 | PA      | $351000.00    | 0.10%             | 2026-07-08      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| Oztel Holdings SPC Ltd                         | Oztel Holdings SPC Ltd                                                           | CUSIP: 000000000<br>LEI: 549300RABIG0RH4JYT64 | Long             | DBT              | CORP              | AE        |    250000 | PA      | $259109.38    | 0.07%             | 2028-04-24      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Government of Jamaica                          | Jamaica Government International Bond                                            | CUSIP: 470160CB6<br>LEI: 529900Y93KNSXZI8KK56 | Long             | DBT              | NUSS              | JM        |    900000 | PA      | $1047375.00   | 0.30%             | 2045-07-28      | Fixed         | 7.88%                 | No            |                  2 | On Loan: —       |
| Petroleos Mexicanos                            | Petroleos Mexicanos                                                              | CUSIP: 71654QBR2<br>LEI: 549300CAZKPF4HKMPX17 | Long             | DBT              | CORP              | MX        |    600000 | PA      | $404100.00    | 0.12%             | 2045-01-23      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| BRASKEM IDESA SAPI                             | Braskem Idesa SAPI                                                               | CUSIP: 000000000<br>LEI: YH0V7ZHY352ITDGEYB83 | Long             | DBT              | CORP              | MX        |    400000 | PA      | $328350.00    | 0.09%             | 2029-11-15      | Fixed         | 7.45%                 | No            |                  2 | On Loan: No      |
| ITAU UNIBANCO HLDG SA/KY                       | Itau Unibanco Holding SA/Cayman Island                                           | CUSIP: 000000000<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | DBT              | CORP              | BR        |    400000 | PA      | $386325.00    | 0.11%             | 2023-03-19      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| LAI SUN MTN LTD                                | Lai Sun MTN Ltd                                                                  | CUSIP: 000000000<br>LEI: 254900IL4GZMMOH72N45 | Long             | DBT              | CORP              | HK        |    200000 | PA      | $170475.00    | 0.05%             | 2026-07-28      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

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

**Name of Applicant:** iShares, Inc.

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer