# EDGAR Filing Document

**Accession Number:** 0000930667
**File Stem:** 0001410368-25-010146
**Filing Date:** 2025-9
**Character Count:** 242332
**Document Hash:** 189895dd93c5976291b2adb9760352e7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-010146.hdr.sgml**: 20250924

**ACCESSION NUMBER**: 0001410368-25-010146

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250924

**DATE AS OF CHANGE**: 20250924

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** iShares, Inc.
- **CENTRAL INDEX KEY:** 0000930667

**ORGANIZATION NAME:**
- **EIN:** 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:** 251338613

**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 International High Yield Bond ETF (Series ID: S000036907)

| Class ID   | Class Name                                | Ticker Symbol   |
|:---|:---|:---|
| C000112950 | iShares International High Yield Bond ETF | HYXU            |

## Nport-Ex

Schedule of Investments (unaudited)

July 31, 2025

**iShares® International High Yield Bond ETF**

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

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

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Corporate Bonds & Notes** | **Corporate Bonds & Notes** | **Corporate Bonds & Notes** |
| **Australia — 0.2%** | **Australia — 0.2%** | **Australia — 0.2%** |
| &nbsp;&nbsp;&nbsp; APA Infrastructure Ltd., 7.13%, 11/09/83, (5-year <br> EURIBOR ICE Swap + 4.098%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | $125671 |
| **Austria — 0.2%** | **Austria — 0.2%** | **Austria — 0.2%** |
| ams-OSRAM AG, 10.50%, 03/30/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 121222 |
| **Belgium — 0.6%** | **Belgium — 0.6%** | **Belgium — 0.6%** |
| Azelis Finance NV |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 09/25/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 118066 |
| &nbsp;&nbsp;&nbsp; 5.75%, 03/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 117387 |
| &nbsp;&nbsp;&nbsp; Telenet Finance Luxembourg Notes SARL, 3.50%, <br> 03/01/28<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 113777 |
|  |  | 349230 |
| **Canada — 1.4%** | **Canada — 1.4%** | **Canada — 1.4%** |
| Air Canada, 4.63%, 08/15/29<sup>(c)</sup> | &nbsp;&nbsp;&nbsp; CAD425 | 303604 |
| &nbsp;&nbsp;&nbsp; BCP V Modular Services Finance II PLC, 6.50%, <br> 07/10/31<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; EUR200 | 225239 |
| Cineplex Inc., 7.63%, 03/31/29<sup>(c)</sup> | &nbsp;&nbsp;&nbsp; CAD25 | 18853 |
| Mattamy Group Corp., 4.63%, 03/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; CAD50 | 35563 |
| Parkland Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 3.88%, 06/16/26<sup>(c)</sup> | &nbsp;&nbsp;&nbsp; CAD125 | 90059 |
| &nbsp;&nbsp;&nbsp; 4.38%, 03/26/29 | &nbsp;&nbsp;&nbsp; CAD75 | 53192 |
| &nbsp;&nbsp;&nbsp; Southern Pacific Resource Corp., 8.75%, <br> 01/25/18<sup>(c)(d)(e)(f)</sup><br>| &nbsp;&nbsp;&nbsp; CAD50 |  |
| &nbsp;&nbsp;&nbsp; Toucan FinCo Ltd/Toucan FinCo Can Inc/Toucan FinCo <br> U.S. LLC, 8.25%, 05/15/30<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 116938 |
|  |  | 843448 |
| **Czech Republic — 0.4%** | **Czech Republic — 0.4%** | **Czech Republic — 0.4%** |
| &nbsp;&nbsp;&nbsp; Allwyn Entertainment Financing U.K. PLC, 7.25%, <br> 04/30/30<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 120939 |
| Allwyn International AS, 3.88%, 02/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 113976 |
|  |  | 234915 |
| **Denmark — 1.0%** | **Denmark — 1.0%** | **Denmark — 1.0%** |
| Orsted A/S |  |  |
| &nbsp;&nbsp;&nbsp; 1.50%, (5-year EUR Swap + 1.860%)<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 94168 |
| &nbsp;&nbsp;&nbsp; 1.75%, (5-year EURIBOR ICE Swap + 1.952%)<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 108244 |
| &nbsp;&nbsp;&nbsp; 2.50%, (5-year UK Government Bond + 2.136%)<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; GBP100 | 99098 |
| &nbsp;&nbsp;&nbsp; 5.13%, (5-year EURIBOR ICE Swap + 2.590%)<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR150 | 174518 |
| Orsted AS, 5.25%, (5-year EUR Swap + 2.619%)<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 116624 |
|  |  | 592652 |
| **Finland — 0.3%** | **Finland — 0.3%** | **Finland — 0.3%** |
| Mehilainen Yhtiot Oy, 5.13%, 06/30/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR125 | 143500 |
| **France — 16.1%** | **France — 16.1%** | **France — 16.1%** |
| Air France-KLM |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 05/23/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 118256 |
| &nbsp;&nbsp;&nbsp; 8.13%, 05/31/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 128546 |
| Altice France SA/France |  |  |
| &nbsp;&nbsp;&nbsp; 3.38%, 01/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 99148 |
| &nbsp;&nbsp;&nbsp; 4.00%, 07/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 99871 |
| &nbsp;&nbsp;&nbsp; 4.25%, 10/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 99965 |
| &nbsp;&nbsp;&nbsp; 5.88%, 02/01/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 208441 |
| Banijay Entertainment SASU, 7.00%, 05/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 119058 |
| Bertrand Franchise Finance SAS, 6.50%, 07/18/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 114229 |
| CAB SELAS, 3.38%, 02/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 217873 |
| Cerba Healthcare SACA, 3.50%, 05/31/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 81595 |
| Chrome Holdco SASU, 5.00%, 05/31/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 14068 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **France (continued)** | **France (continued)** | **France (continued)** |
| CMA CGM SA |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 01/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR150 | $173840 |
| &nbsp;&nbsp;&nbsp; 5.50%, 07/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 119180 |
| ELO SACA |  |  |
| &nbsp;&nbsp;&nbsp; 3.25%, 07/23/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 112483 |
| &nbsp;&nbsp;&nbsp; 4.88%, 12/08/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 115041 |
| &nbsp;&nbsp;&nbsp; 5.88%, 04/17/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 234697 |
| &nbsp;&nbsp;&nbsp; 6.00%, 03/22/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 118839 |
| Emeria SASU |  |  |
| &nbsp;&nbsp;&nbsp; 3.38%, 03/31/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 97067 |
| &nbsp;&nbsp;&nbsp; 7.75%, 03/31/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 104624 |
| Eramet SA |  |  |
| &nbsp;&nbsp;&nbsp; 6.50%, 11/30/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 115691 |
| &nbsp;&nbsp;&nbsp; 7.00%, 05/22/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 116957 |
| Eutelsat SA |  |  |
| &nbsp;&nbsp;&nbsp; 1.50%, 10/13/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 104798 |
| &nbsp;&nbsp;&nbsp; 2.25%, 07/13/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 221437 |
| Forvia SE |  |  |
| &nbsp;&nbsp;&nbsp; 2.38%, 06/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 112456 |
| &nbsp;&nbsp;&nbsp; 2.38%, 06/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 107059 |
| &nbsp;&nbsp;&nbsp; 2.75%, 02/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR225 | 254529 |
| &nbsp;&nbsp;&nbsp; 3.75%, 06/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 113726 |
| &nbsp;&nbsp;&nbsp; 5.13%, 06/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 117192 |
| &nbsp;&nbsp;&nbsp; 5.50%, 06/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 232560 |
| &nbsp;&nbsp;&nbsp; 5.63%, 06/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR125 | 145774 |
| Holding d'Infrastructures des Metiers de l'Environnement |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 04/06/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 116820 |
| &nbsp;&nbsp;&nbsp; 4.88%, 10/24/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 118772 |
| &nbsp;&nbsp;&nbsp; Series ., 0.63%, Series ., 09/16/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 104809 |
| Iliad Holding SASU |  |  |
| &nbsp;&nbsp;&nbsp; 5.38%, 04/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 117827 |
| &nbsp;&nbsp;&nbsp; 5.63%, 10/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 116129 |
| &nbsp;&nbsp;&nbsp; 6.88%, 04/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 122395 |
| iliad SA |  |  |
| &nbsp;&nbsp;&nbsp; 1.88%, 02/11/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 222084 |
| &nbsp;&nbsp;&nbsp; 4.25%, 12/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 116160 |
| &nbsp;&nbsp;&nbsp; 5.38%, 06/14/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 237242 |
| &nbsp;&nbsp;&nbsp; 5.38%, 02/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 120776 |
| &nbsp;&nbsp;&nbsp; 5.63%, 02/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 123009 |
| &nbsp;&nbsp;&nbsp; Series ., 5.38%, Series ., 05/02/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 122828 |
| IPD 3 BV, 5.50%, 06/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 115805 |
| Kapla Holding SAS, 5.00%, 04/30/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 115752 |
| Loxam SAS |  |  |
| &nbsp;&nbsp;&nbsp; 4.25%, 02/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 115150 |
| &nbsp;&nbsp;&nbsp; 4.25%, 02/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 114127 |
| &nbsp;&nbsp;&nbsp; 6.38%, 05/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 117984 |
| Nexans SA |  |  |
| &nbsp;&nbsp;&nbsp; 4.13%, 05/29/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 117422 |
| &nbsp;&nbsp;&nbsp; 4.25%, 03/11/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 118129 |
| Opal Bidco SAS, 5.50%, 03/31/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 234328 |
| Paprec Holding SA |  |  |
| &nbsp;&nbsp;&nbsp; 3.50%, 07/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 114249 |
| &nbsp;&nbsp;&nbsp; 4.13%, 07/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 116236 |
| Picard Bondco SA, 5.50%, 07/01/27<sup>(a)(g)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 114117 |
| Picard Groupe SAS, 6.38%, 07/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 119145 |
| RCI Banque SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 03/24/37, (5-year EURIBOR ICE Swap + <br> 2.200%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 115735 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 10/09/34, (5-year EURIBOR ICE Swap + <br> 2.750%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; EUR200 | 238101 |

---

------

Schedule of Investments (unaudited)(continued)

July 31, 2025

**iShares® International High Yield Bond ETF**

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

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **France (continued)** | **France (continued)** | **France (continued)** |
| Renault SA |  |  |
| &nbsp;&nbsp;&nbsp; 1.13%, 10/04/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | $109896 |
| &nbsp;&nbsp;&nbsp; 2.50%, 06/02/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 113181 |
| &nbsp;&nbsp;&nbsp; 2.50%, 04/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 113152 |
| Rexel SA |  |  |
| &nbsp;&nbsp;&nbsp; 2.13%, 06/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 110993 |
| &nbsp;&nbsp;&nbsp; 2.13%, 12/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 110275 |
| &nbsp;&nbsp;&nbsp; 5.25%, 09/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 119356 |
| SNF Group SACA, 4.50%, 03/15/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 117346 |
| Tereos Finance Groupe I SA |  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 04/30/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 112036 |
| &nbsp;&nbsp;&nbsp; 7.25%, 04/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 117792 |
| Valeo SE |  |  |
| &nbsp;&nbsp;&nbsp; 1.00%, 08/03/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 211599 |
| &nbsp;&nbsp;&nbsp; 4.50%, 04/11/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 114430 |
| &nbsp;&nbsp;&nbsp; 5.13%, 05/20/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 230449 |
| &nbsp;&nbsp;&nbsp; 5.38%, 05/28/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 118217 |
| &nbsp;&nbsp;&nbsp; 5.88%, 04/12/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 122072 |
| Viridien, 8.50%, 10/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 113966 |
|  |  | 9458891 |
| **Germany — 10.4%** | **Germany — 10.4%** | **Germany — 10.4%** |
| &nbsp;&nbsp;&nbsp; Aareal Bank AG, 5.63%, 12/12/34, (5-year EURIBOR <br> ICE Swap + 3.250%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 118927 |
| APCOA Group GmbH, 6.00%, 04/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 115841 |
| Bayer AG |  |  |
| &nbsp;&nbsp;&nbsp; 3.13%, 11/12/79, (5-year EUR Swap + 3.108%)<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 112093 |
| &nbsp;&nbsp;&nbsp; 5.38%, 03/25/82, (5-year EUR Swap + 4.458%)<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 116324 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 09/13/54, (5-year EURIBOR ICE Swap + <br> 3.269%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 118519 |
| &nbsp;&nbsp;&nbsp; 6.63%, 09/25/83, (5-year EUR Swap + 3.432%)<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 244341 |
| &nbsp;&nbsp;&nbsp; 7.00%, 09/25/83, (5-year EUR Swap + 3.896%)<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 248687 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Series N5.5, 4.50%, Series N5.5, 03/25/82, (5-year <br> EUR Swap + 3.751%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 115225 |
| &nbsp;&nbsp;&nbsp; Bertelsmann SE & Co. KGaA, 3.50%, 04/23/75, (5-year <br> EUR Swap + 3.206%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 114247 |
| Cheplapharm Arzneimittel GmbH |  |  |
| &nbsp;&nbsp;&nbsp; 4.38%, 01/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR150 | 169670 |
| &nbsp;&nbsp;&nbsp; 7.13%, 06/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 116410 |
| &nbsp;&nbsp;&nbsp; 7.50%, 05/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 117511 |
| &nbsp;&nbsp;&nbsp; Deutsche Lufthansa AG, 5.25%, 01/15/55, (5-year <br> EURIBOR ICE Swap + 2.855%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 115862 |
| &nbsp;&nbsp;&nbsp; Deutsche Pfandbriefbank AG, 7.13%, 10/04/35, (1-mo. <br> CME Term SOFR + 1.728%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 115930 |
| &nbsp;&nbsp;&nbsp; Evonik Industries AG, 1.38%, 09/02/81, (5-year EUR <br> Swap + 1.836%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 110871 |
| Gruenenthal GmbH |  |  |
| &nbsp;&nbsp;&nbsp; 4.13%, 05/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 114636 |
| &nbsp;&nbsp;&nbsp; 4.63%, 11/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 116030 |
| IHO Verwaltungs GmbH |  |  |
| &nbsp;&nbsp;&nbsp; 6.75%, 11/15/29, (6.75% cash and 7.50% PIK)<sup>(a)(h)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 239652 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 7.00%, 11/15/31, (7.00 % in Cash and 7.75 % in <br> PIK)<sup>(a)(h)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 122147 |
| &nbsp;&nbsp;&nbsp; 8.75%, 05/15/28, (8.75% PIK)<sup>(a)(h)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 119382 |
| Mahle GmbH |  |  |
| &nbsp;&nbsp;&nbsp; 2.38%, 05/14/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 107759 |
| &nbsp;&nbsp;&nbsp; 6.50%, 05/02/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 114983 |
| METRO AG |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 03/05/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 117814 |
| &nbsp;&nbsp;&nbsp; 4.63%, 03/07/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 117253 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Germany (continued)** | **Germany (continued)** | **Germany (continued)** |
| Nidda Healthcare Holding GmbH |  |  |
| &nbsp;&nbsp;&nbsp; 5.38%, 10/23/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | $116391 |
| &nbsp;&nbsp;&nbsp; 5.63%, 02/21/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 117229 |
| Schaeffler AG |  |  |
| &nbsp;&nbsp;&nbsp; 2.88%, 03/26/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR75 | 85779 |
| &nbsp;&nbsp;&nbsp; 3.38%, 10/12/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 227697 |
| &nbsp;&nbsp;&nbsp; 4.25%, 04/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 115919 |
| &nbsp;&nbsp;&nbsp; 4.50%, 03/28/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 231492 |
| &nbsp;&nbsp;&nbsp; 4.75%, 08/14/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 117179 |
| &nbsp;&nbsp;&nbsp; 5.38%, 04/01/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 117701 |
| Techem Verwaltungsgesellschaft 675 mbH |  |  |
| &nbsp;&nbsp;&nbsp; 4.63%, 07/15/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 113644 |
| &nbsp;&nbsp;&nbsp; 5.38%, 07/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 118268 |
| TK Elevator Midco GmbH, 4.38%, 07/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 228151 |
| ZF Europe Finance BV |  |  |
| &nbsp;&nbsp;&nbsp; 2.50%, 10/23/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 108227 |
| &nbsp;&nbsp;&nbsp; 3.00%, 10/23/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 200730 |
| &nbsp;&nbsp;&nbsp; 4.75%, 01/31/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 109205 |
| &nbsp;&nbsp;&nbsp; 6.13%, 03/13/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 113953 |
| &nbsp;&nbsp;&nbsp; 7.00%, 06/12/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 230314 |
| ZF Finance GmbH |  |  |
| &nbsp;&nbsp;&nbsp; 2.00%, 05/06/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 109083 |
| &nbsp;&nbsp;&nbsp; 2.25%, 05/03/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 104371 |
| &nbsp;&nbsp;&nbsp; 2.75%, 05/25/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 110205 |
| &nbsp;&nbsp;&nbsp; 3.75%, 09/21/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 106952 |
| &nbsp;&nbsp;&nbsp; 5.75%, 08/03/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 115365 |
|  |  | 6117969 |
| **Greece — 2.5%** | **Greece — 2.5%** | **Greece — 2.5%** |
| Alpha Bank SA |  |  |
| &nbsp;&nbsp;&nbsp; 4.31%, 07/23/36<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 114757 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 09/13/34, (5-year EURIBOR ICE Swap + <br> 3.270%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 122961 |
| Eurobank Ergasias Services and Holdings SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 04/30/35, (5-year EURIBOR ICE Swap + <br> 2.000%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 114989 |
| &nbsp;&nbsp;&nbsp; 10.00%, 12/06/32, (5-year EUR Swap + 7.588%)<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 130844 |
| Metlen Energy & Metals SA, 4.00%, 10/17/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 234001 |
| National Bank of Greece SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.88%, 06/28/35, (5-year EURIBOR ICE Swap + <br> 3.154%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 123926 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.00%, 01/03/34, (5-year EURIBOR ICE Swap + <br> 4.646%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 128552 |
| Piraeus Financial Holdings SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.38%, 09/18/35, (5-year EURIBOR ICE Swap + <br> 3.150%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 119861 |
| &nbsp;&nbsp;&nbsp; 7.25%, 04/17/34, (5-year EUR Swap + 4.773%)<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 125705 |
| Public Power Corp. SA |  |  |
| &nbsp;&nbsp;&nbsp; 3.38%, 07/31/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 114038 |
| &nbsp;&nbsp;&nbsp; 4.63%, 10/31/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 117112 |
|  |  | 1446746 |
| **Ireland — 0.6%** | **Ireland — 0.6%** | **Ireland — 0.6%** |
| eircom Finance DAC |  |  |
| &nbsp;&nbsp;&nbsp; 5.00%, 04/30/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 115618 |
| &nbsp;&nbsp;&nbsp; 5.75%, 12/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 119290 |
| &nbsp;&nbsp;&nbsp; Virgin Media O2 Vendor Financing Notes V DAC, 7.88%, <br> 03/15/32<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; GBP100 | 136057 |
|  |  | 370965 |
| **Israel — 2.3%** | **Israel — 2.3%** | **Israel — 2.3%** |
| Teva Pharmaceutical Finance Netherlands II BV |  |  |
| &nbsp;&nbsp;&nbsp; 1.63%, 10/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 108551 |

---

------

Schedule of Investments (unaudited)(continued)

July 31, 2025

**iShares® International High Yield Bond ETF**

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

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Israel (continued)** | **Israel (continued)** | **Israel (continued)** |
| &nbsp;&nbsp;&nbsp; 1.88%, 03/31/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | $224047 |
| &nbsp;&nbsp;&nbsp; 3.75%, 05/09/27 | &nbsp;&nbsp;&nbsp; EUR150 | 172855 |
| &nbsp;&nbsp;&nbsp; 4.13%, 06/01/31 | &nbsp;&nbsp;&nbsp; EUR200 | 229543 |
| &nbsp;&nbsp;&nbsp; 4.38%, 05/09/30 | &nbsp;&nbsp;&nbsp; EUR300 | 350471 |
| &nbsp;&nbsp;&nbsp; 7.38%, 09/15/29 | &nbsp;&nbsp;&nbsp; EUR100 | 129580 |
| &nbsp;&nbsp;&nbsp; 7.88%, 09/15/31 | &nbsp;&nbsp;&nbsp; EUR100 | 137447 |
|  |  | 1352494 |
| **Italy — 13.8%** | **Italy — 13.8%** | **Italy — 13.8%** |
| &nbsp;&nbsp;&nbsp; Almaviva-The Italian Innovation Co. SpA, 5.00%, <br> 10/30/30<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; EUR200 | 231178 |
| Banca IFIS SpA |  |  |
| &nbsp;&nbsp;&nbsp; 3.63%, 11/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 113832 |
| &nbsp;&nbsp;&nbsp; 5.50%, 02/27/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 121645 |
| &nbsp;&nbsp;&nbsp; 6.13%, 01/19/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 119231 |
| Banca Monte dei Paschi di Siena SpA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 3.50%, 05/28/31, (5-year EURIBOR ICE Swap + <br> 4.859%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 115000 |
| &nbsp;&nbsp;&nbsp; 3.63%, 11/27/30, (3-mo. EURIBOR + 1.450%)<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 115660 |
| &nbsp;&nbsp;&nbsp; 4.75%, 03/15/29, (3-mo. EURIBOR + 2.047%)<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 119365 |
| &nbsp;&nbsp;&nbsp; 6.75%, 09/05/27, (3-mo. EURIBOR + 3.283%)<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 119048 |
| &nbsp;&nbsp;&nbsp; 10.50%, 07/23/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 143303 |
| &nbsp;&nbsp;&nbsp; Banca Popolare di Sondrio SpA, 3.88%, 02/25/32, <br> (5-year EUR Swap + 3.958%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 114826 |
| &nbsp;&nbsp;&nbsp; Banca Sella Holding SpA, 4.88%, 07/18/29, (3-mo. <br> EURIBOR + 1.962%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 118937 |
| Banco BPM SpA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.50%, 11/26/36, (5-year EURIBOR ICE Swap + <br> 2.250%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; EUR200 | 232942 |
| &nbsp;&nbsp;&nbsp; 5.00%, 06/18/34, (5-year EUR Swap + 2.450%)<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 237698 |
| BPER Banca SpA |  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 09/11/29, (3-mo. EURIBOR + 2.600%)<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR150 | 185460 |
| &nbsp;&nbsp;&nbsp; 6.13%, 02/01/28, (3-mo. EURIBOR + 3.600%)<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR150 | 179367 |
| Brunello Bidco SpA, 3.50%, 02/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 113152 |
| Bubbles Holdco SPA, 6.50%, 09/30/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 117306 |
| Cerved Group SpA, 6.00%, 02/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 107289 |
| Dolcetto Holdco SpA, 5.63%, 07/14/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 116165 |
| &nbsp;&nbsp;&nbsp; Engineering - Ingegneria Informatica - SpA, 11.13%, <br> 05/15/28<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 120777 |
| Fiber Bidco SpA, 6.13%, 06/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 110335 |
| Fibercop SpA |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 06/30/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 231962 |
| &nbsp;&nbsp;&nbsp; 5.13%, 06/30/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 115410 |
| Flos B&b Italia SpA, 10.00%, 11/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR80 | 95998 |
| Guala Closures SpA, 3.25%, 06/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 111846 |
| &nbsp;&nbsp;&nbsp; IMA Industria Macchine Automatiche SpA, 3.75%, <br> 01/15/28<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 113409 |
| Infrastrutture Wireless Italiane SpA |  |  |
| &nbsp;&nbsp;&nbsp; 1.63%, 10/21/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 109591 |
| &nbsp;&nbsp;&nbsp; 1.88%, 07/08/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR150 | 170080 |
| &nbsp;&nbsp;&nbsp; 3.75%, 04/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR125 | 145104 |
| Intesa Sanpaolo Assicurazioni SpA, 2.38%, 12/22/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR250 | 266945 |
| Lottomatica Group SpA, 4.88%, 01/31/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 235643 |
| Lottomatica SpA/Roma, 5.38%, 06/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 118654 |
| &nbsp;&nbsp;&nbsp; Mediobanca Banca di Credito Finanziario SpA, 3.75%, <br> 06/16/26<br>| &nbsp;&nbsp;&nbsp; EUR50 | 57392 |
| Mundys SpA |  |  |
| &nbsp;&nbsp;&nbsp; 1.88%, 07/13/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR175 | 196720 |
| &nbsp;&nbsp;&nbsp; 1.88%, 02/12/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 221905 |
| &nbsp;&nbsp;&nbsp; 4.50%, 01/24/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 119715 |
| &nbsp;&nbsp;&nbsp; 4.75%, 01/24/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 119657 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Italy (continued)** | **Italy (continued)** | **Italy (continued)** |
| Optics Bidco SpA |  |  |
| &nbsp;&nbsp;&nbsp; 1.63%, 01/18/29 | &nbsp;&nbsp;&nbsp; EUR100 | $106358 |
| &nbsp;&nbsp;&nbsp; 6.88%, 02/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR176 | 215433 |
| &nbsp;&nbsp;&nbsp; 7.75%, 01/24/33 | &nbsp;&nbsp;&nbsp; EUR100 | 132114 |
| &nbsp;&nbsp;&nbsp; 7.88%, 07/31/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR147 | 186121 |
| Pachelbel Bidco SpA, 7.13%, 05/17/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 123199 |
| Rossini SARL, 6.75%, 12/31/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR150 | 180474 |
| Saipem Finance International BV |  |  |
| &nbsp;&nbsp;&nbsp; 3.13%, 03/31/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 114362 |
| &nbsp;&nbsp;&nbsp; 4.88%, 05/30/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 121235 |
| TeamSystem SpA, 5.00%, 07/01/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 115198 |
| Telecom Italia SpA |  |  |
| &nbsp;&nbsp;&nbsp; 6.88%, 02/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR224 | 276690 |
| &nbsp;&nbsp;&nbsp; 7.88%, 07/31/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR103 | 131719 |
| Telecom Italia SpA/Milano |  |  |
| &nbsp;&nbsp;&nbsp; 1.63%, 01/18/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 107903 |
| &nbsp;&nbsp;&nbsp; 2.38%, 10/12/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 114499 |
| UnipolSai Assicurazioni SpA |  |  |
| &nbsp;&nbsp;&nbsp; 3.88%, 03/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 116781 |
| &nbsp;&nbsp;&nbsp; 4.90%, 05/23/34<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 240475 |
| Webuild SpA |  |  |
| &nbsp;&nbsp;&nbsp; 4.88%, 04/30/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 119195 |
| &nbsp;&nbsp;&nbsp; 5.38%, 06/20/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 120548 |
| &nbsp;&nbsp;&nbsp; 7.00%, 09/27/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 124728 |
| &nbsp;&nbsp;&nbsp; Series ., 4.13%, Series ., 07/03/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 114756 |
|  |  | 8144335 |
| **Japan — 2.7%** | **Japan — 2.7%** | **Japan — 2.7%** |
| Nissan Motor Co. Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 3.20%, 09/17/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 111330 |
| &nbsp;&nbsp;&nbsp; 5.25%, 07/17/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 231160 |
| &nbsp;&nbsp;&nbsp; 6.38%, 07/17/33<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 115929 |
| SoftBank Group Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 2.88%, 01/06/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 112873 |
| &nbsp;&nbsp;&nbsp; 3.38%, 07/06/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR125 | 136156 |
| &nbsp;&nbsp;&nbsp; 3.88%, 07/06/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 105610 |
| &nbsp;&nbsp;&nbsp; 4.00%, 09/19/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 111746 |
| &nbsp;&nbsp;&nbsp; 5.00%, 04/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 116521 |
| &nbsp;&nbsp;&nbsp; 5.38%, 01/08/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR150 | 174997 |
| &nbsp;&nbsp;&nbsp; Series ., 5.88%, Series ., 07/10/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 235525 |
| &nbsp;&nbsp;&nbsp; Series ., 6.38%, Series ., 07/10/33<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 118091 |
|  |  | 1569938 |
| **Jersey — 0.2%** | **Jersey — 0.2%** | **Jersey — 0.2%** |
| Aston Martin Capital Holdings Ltd., 10.38%, 03/31/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP100 | 123397 |
| **Luxembourg — 4.9%** | **Luxembourg — 4.9%** | **Luxembourg — 4.9%** |
| &nbsp;&nbsp;&nbsp; Albion Financing 1 SARL / Aggreko Holdings Inc., <br> 5.38%, 05/21/30<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 117866 |
| Altice Financing SA |  |  |
| &nbsp;&nbsp;&nbsp; 3.00%, 01/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 176696 |
| &nbsp;&nbsp;&nbsp; 4.25%, 08/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 175951 |
| Altice Finco SA, 4.75%, 01/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 42268 |
| &nbsp;&nbsp;&nbsp; ARD Finance SA, 5.00%, 06/30/27, (5.00% Cash and <br> 5.75% PIK)<sup>(a)(h)</sup><br>| &nbsp;&nbsp;&nbsp; EUR132 | 5144 |
| Cidron Aida Finco Sarl |  |  |
| &nbsp;&nbsp;&nbsp; 7.00%, 10/27/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 117530 |
| &nbsp;&nbsp;&nbsp; 9.13%, 10/27/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP100 | 135818 |
| Currenta Group Holdings Sarl, 5.50%, 05/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 117032 |
| Essendi SA |  |  |
| &nbsp;&nbsp;&nbsp; 5.38%, 05/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 117555 |
| &nbsp;&nbsp;&nbsp; 5.50%, 11/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 117360 |
| &nbsp;&nbsp;&nbsp; 5.63%, 05/15/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 117188 |

---

------

Schedule of Investments (unaudited)(continued)

July 31, 2025

**iShares® International High Yield Bond ETF**

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

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Luxembourg (continued)** | **Luxembourg (continued)** | **Luxembourg (continued)** |
| &nbsp;&nbsp;&nbsp; 6.38%, 10/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR125 | $150220 |
| Ineos Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp; 5.63%, 08/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 108805 |
| &nbsp;&nbsp;&nbsp; 6.38%, 04/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 114240 |
| &nbsp;&nbsp;&nbsp; 6.63%, 05/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 116492 |
| &nbsp;&nbsp;&nbsp; LHMC Finco 2 Sarl, 8.63%, 05/15/30, (8.63 % in Cash <br> and 9.38 % in PIK)<sup>(a)(h)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 119895 |
| Loarre Investments SARL, 6.50%, 05/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 117837 |
| Matterhorn Telecom SA, 4.50%, 01/30/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 117749 |
| Maxam Prill Sarl, 6.00%, 07/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 113596 |
| PLT VII Finance SARL, 6.00%, 06/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 118458 |
| SES SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.50%, 09/12/54, (5-year EURIBOR ICE Swap + <br> 3.232%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 112670 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 6.00%, 09/12/54, (5-year EURIBOR ICE Swap + <br> 3.586%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 111409 |
| Summer BC Holdco B SARL, 5.88%, 02/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 111935 |
| Vivion Investments SARL |  |  |
| &nbsp;&nbsp;&nbsp; 6.50%, 08/31/28, (6.50 % Cash and 1.40 % PIK)<sup>(a)(h)</sup> | &nbsp;&nbsp;&nbsp; EUR101 | 114196 |
| &nbsp;&nbsp;&nbsp; 6.50%, 02/28/29, (6.50 % PIK)<sup>(a)(h)</sup> | &nbsp;&nbsp;&nbsp; EUR102 | 113199 |
|  |  | 2881109 |
| **Netherlands — 3.9%** | **Netherlands — 3.9%** | **Netherlands — 3.9%** |
| Boels Topholding BV |  |  |
| &nbsp;&nbsp;&nbsp; 5.75%, 05/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 118875 |
| &nbsp;&nbsp;&nbsp; 6.25%, 02/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 118100 |
| &nbsp;&nbsp;&nbsp; Boost Newco Borrower LLC/GTCR W Dutch Finance <br> Sub BV, 8.50%, 01/15/31<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; GBP100 | 142120 |
| Flora Food Management BV, 6.88%, 07/02/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 230013 |
| Odido Group Holding BV, 5.50%, 01/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 115049 |
| Odido Holding BV, 3.75%, 01/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 113446 |
| Q-Park Holding I BV |  |  |
| &nbsp;&nbsp;&nbsp; 2.00%, 03/01/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 112260 |
| &nbsp;&nbsp;&nbsp; 5.13%, 03/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 118135 |
| &nbsp;&nbsp;&nbsp; 5.13%, 02/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 118381 |
| Sunrise FinCo I BV, 4.63%, 05/15/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 230462 |
| Trivium Packaging Finance BV, 6.63%, 07/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 118815 |
| UPCB Finance VII Ltd., 3.63%, 06/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 113575 |
| VZ Secured Financing BV, 3.50%, 01/15/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 105847 |
| VZ Vendor Financing II BV, 2.88%, 01/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 208307 |
| Ziggo Bond Co. BV |  |  |
| &nbsp;&nbsp;&nbsp; 3.38%, 02/28/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 98485 |
| &nbsp;&nbsp;&nbsp; 6.13%, 11/15/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR125 | 131950 |
| Ziggo BV, 2.88%, 01/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 107423 |
|  |  | 2301243 |
| **Norway — 0.3%** | **Norway — 0.3%** | **Norway — 0.3%** |
| &nbsp;&nbsp;&nbsp; Var Energi ASA, 7.86%, 11/15/83, (5-year EURIBOR <br> ICE Swap + 4.765%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; EUR125 | 157047 |
| **Poland — 0.2%** | **Poland — 0.2%** | **Poland — 0.2%** |
| &nbsp;&nbsp;&nbsp; Transportes Aereos Portugueses SA, 5.13%, <br> 11/15/29<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 117764 |
| **Portugal — 2.2%** | **Portugal — 2.2%** | **Portugal — 2.2%** |
| &nbsp;&nbsp;&nbsp; Caixa Economica Montepio Geral Caixa Economica <br> Bancaria SA, 8.50%, 06/12/34, (5-year EURIBOR <br> ICE Swap + 5.815%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 128521 |
| EDP SA |  |  |
| &nbsp;&nbsp;&nbsp; 1.50%, 03/14/82, (5-year EUR Swap + 1.888%)<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 111403 |
| &nbsp;&nbsp;&nbsp; 1.88%, 08/02/81, (5-year EUR Swap + 2.380%)<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 112839 |
| &nbsp;&nbsp;&nbsp; 1.88%, 03/14/82, (5-year EUR Swap + 2.080%)<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 210954 |
| &nbsp;&nbsp;&nbsp; 4.50%, 05/27/55, (3-mo. EURIBOR + 1.300%)<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 114806 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Portugal (continued)** | **Portugal (continued)** | **Portugal (continued)** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 09/16/54, (5-year EURIBOR ICE Swap + <br> 2.395%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; EUR200 | $233998 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.75%, 05/29/54, (5-year EURIBOR ICE Swap + <br> 2.052%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 117706 |
| &nbsp;&nbsp;&nbsp; 5.94%, 04/23/83, (5-year EUR Swap + 3.184%)<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 242768 |
|  |  | 1272995 |
| **Slovenia — 1.0%** | **Slovenia — 1.0%** | **Slovenia — 1.0%** |
| United Group BV |  |  |
| &nbsp;&nbsp;&nbsp; 3.63%, 02/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 111996 |
| &nbsp;&nbsp;&nbsp; 4.00%, 11/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR32 | 36160 |
| &nbsp;&nbsp;&nbsp; 5.25%, 02/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 113571 |
| &nbsp;&nbsp;&nbsp; 6.50%, 10/31/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 232952 |
| &nbsp;&nbsp;&nbsp; 6.75%, 02/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 117852 |
|  |  | 612531 |
| **Spain — 2.9%** | **Spain — 2.9%** | **Spain — 2.9%** |
| Abanca Corp. Bancaria SA |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.63%, 12/11/36, (5-year EURIBOR ICE Swap + <br> 2.450%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 117134 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.38%, 09/23/33, (5-year EURIBOR ICE Swap + <br> 5.245%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 129213 |
| Cirsa Finance International SARL |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 03/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 114027 |
| &nbsp;&nbsp;&nbsp; 6.50%, 03/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 119257 |
| &nbsp;&nbsp;&nbsp; 7.88%, 07/31/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 118672 |
| Grifols SA |  |  |
| &nbsp;&nbsp;&nbsp; 2.25%, 11/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 112467 |
| &nbsp;&nbsp;&nbsp; 3.88%, 10/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR250 | 279050 |
| Kaixo Bondco Telecom SA, 5.13%, 09/30/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 115640 |
| Lorca Telecom Bondco SA, 4.00%, 09/18/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR400 | 456651 |
| &nbsp;&nbsp;&nbsp; Unicaja Banco SA, 5.50%, 06/22/34, (5-year EUR Swap <br> + 2.800%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 120865 |
|  |  | 1682976 |
| **Sweden — 2.4%** | **Sweden — 2.4%** | **Sweden — 2.4%** |
| Assemblin Caverion Group AB, 6.25%, 07/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 119362 |
| Verisure Holding AB |  |  |
| &nbsp;&nbsp;&nbsp; 3.25%, 02/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR150 | 170540 |
| &nbsp;&nbsp;&nbsp; 3.88%, 07/15/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 227717 |
| &nbsp;&nbsp;&nbsp; 5.50%, 05/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR150 | 178238 |
| &nbsp;&nbsp;&nbsp; 9.25%, 10/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR80 | 94767 |
| Verisure Midholding AB, 5.25%, 02/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR150 | 172207 |
| Volvo Car AB |  |  |
| &nbsp;&nbsp;&nbsp; 2.50%, 10/07/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 112576 |
| &nbsp;&nbsp;&nbsp; 4.20%, 06/10/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 114167 |
| &nbsp;&nbsp;&nbsp; 4.25%, 05/31/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 117278 |
| &nbsp;&nbsp;&nbsp; 4.75%, 05/08/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 116563 |
|  |  | 1423415 |
| **Switzerland — 1.0%** | **Switzerland — 1.0%** | **Switzerland — 1.0%** |
| Dufry One BV |  |  |
| &nbsp;&nbsp;&nbsp; 2.00%, 02/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 224556 |
| &nbsp;&nbsp;&nbsp; 3.38%, 04/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 113901 |
| &nbsp;&nbsp;&nbsp; 4.50%, 05/23/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 115351 |
| &nbsp;&nbsp;&nbsp; 4.75%, 04/18/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 117476 |
|  |  | 571284 |
| **United Kingdom — 12.9%** | **United Kingdom — 12.9%** | **United Kingdom — 12.9%** |
| 888 Acquisitions Ltd. |  |  |
| &nbsp;&nbsp;&nbsp; 7.56%, 07/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 115182 |
| &nbsp;&nbsp;&nbsp; 10.75%, 05/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP100 | 136072 |
| Amber Finco PLC, 6.63%, 07/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR125 | 150613 |
| Ardonagh Finco Ltd., 6.88%, 02/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 236860 |
| Arqiva Broadcast Finance PLC, 8.63%, 07/01/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP100 | 133800 |

---

------

Schedule of Investments (unaudited)(continued)

July 31, 2025

**iShares® International High Yield Bond ETF**

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

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **United Kingdom (continued)** | **United Kingdom (continued)** | **United Kingdom (continued)** |
| B&M European Value Retail SA, 6.50%, 11/27/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP100 | $133042 |
| &nbsp;&nbsp;&nbsp; BCP V Modular Services Finance II PLC, 4.75%, <br> 11/30/28<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 111154 |
| Bellis Acquisition Co. PLC |  |  |
| &nbsp;&nbsp;&nbsp; 8.00%, 07/01/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 115016 |
| &nbsp;&nbsp;&nbsp; 8.13%, 05/14/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP300 | 376174 |
| Belron U.K. Finance PLC, 4.63%, 10/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 117530 |
| British Telecommunications PLC |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 10/03/54, (5-year EURIBOR ICE Swap + <br> 2.542%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 119451 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.38%, 12/20/83, (5-year UK Government Bond + <br> 3.820%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; GBP125 | 177848 |
| &nbsp;&nbsp;&nbsp; California Buyer Ltd./Atlantica Sustainable Infrastructure <br> PLC, 5.63%, 02/15/32<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 119245 |
| &nbsp;&nbsp;&nbsp; Centrica PLC, 6.50%, 05/21/55, (5-year UK Government <br> Bond + 2.512%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; GBP100 | 135120 |
| ContourGlobal Power Holdings SA, 5.00%, 02/28/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 116560 |
| Deuce Finco PLC, 5.50%, 06/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP100 | 131324 |
| eG Global Finance PLC, 11.00%, 11/30/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 126122 |
| Heathrow Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp; 3.88%, 03/01/27<sup>(a)(g)</sup> | &nbsp;&nbsp;&nbsp; GBP100 | 128627 |
| &nbsp;&nbsp;&nbsp; 6.63%, 03/01/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP100 | 131831 |
| Ineos Quattro Finance 2 PLC |  |  |
| &nbsp;&nbsp;&nbsp; 6.75%, 04/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR125 | 134677 |
| &nbsp;&nbsp;&nbsp; 8.50%, 03/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 115358 |
| &nbsp;&nbsp;&nbsp; INEOS Styrolution Ludwigshafen GmbH, 2.25%, <br> 01/16/27<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 110728 |
| Jaguar Land Rover Automotive PLC, 4.50%, 07/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 115420 |
| Jerrold Finco PLC, 7.88%, 04/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP150 | 204411 |
| Kane Bidco Ltd., 7.75%, 07/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP100 | 133959 |
| Market Bidco Finco PLC |  |  |
| &nbsp;&nbsp;&nbsp; 6.75%, 01/31/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 113615 |
| &nbsp;&nbsp;&nbsp; 8.75%, 01/31/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP100 | 130787 |
| Miller Homes Group Finco PLC, 7.00%, 05/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP100 | 132510 |
| Motion Finco SARL, 7.38%, 06/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR125 | 134621 |
| &nbsp;&nbsp;&nbsp; NGG Finance PLC, 2.13%, 09/05/82, (5-year EUR Swap <br> + 2.532%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 111662 |
| &nbsp;&nbsp;&nbsp; Ocado Group PLC, Series ., 11.00%, Series ., <br> 06/15/30<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; GBP100 | 134747 |
| OEG Finance PLC, 7.25%, 09/27/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 118995 |
| Pinnacle Bidco PLC |  |  |
| &nbsp;&nbsp;&nbsp; 8.25%, 10/11/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 119739 |
| &nbsp;&nbsp;&nbsp; 10.00%, 10/11/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP100 | 139289 |
| Sherwood Financing PLC, 7.63%, 12/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 116010 |
| &nbsp;&nbsp;&nbsp; Thames Water Super Senior Issuer PLC, 9.75%, <br> 10/10/27<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; GBP6 | 8377 |
| Thames Water Utilities Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp; 0.88%, 01/31/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 75940 |
| &nbsp;&nbsp;&nbsp; 1.25%, 01/31/34<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 76114 |
| &nbsp;&nbsp;&nbsp; 2.63%, 01/24/34<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP100 | 86965 |
| &nbsp;&nbsp;&nbsp; 3.50%, 02/25/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP100 | 89854 |
| &nbsp;&nbsp;&nbsp; 4.00%, 04/18/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 78490 |
| &nbsp;&nbsp;&nbsp; 4.38%, 01/18/33<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR150 | 115331 |
| Thames Water Utilities Ltd., 0.00%, 03/22/27<sup>(a)(i)</sup> | &nbsp;&nbsp;&nbsp; GBP3 | 3177 |
| Virgin Media Finance PLC, 3.75%, 07/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 110600 |
| Virgin Media Secured Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp; 4.13%, 08/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP200 | 238075 |
| &nbsp;&nbsp;&nbsp; 4.25%, 01/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP100 | 121311 |
| &nbsp;&nbsp;&nbsp; Virgin Media Vendor Financing Notes III DAC, 4.88%, <br> 07/15/28<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; GBP100 | 127196 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **United Kingdom (continued)** | **United Kingdom (continued)** | **United Kingdom (continued)** |
| Vmed O2 U.K. Financing I PLC |  |  |
| &nbsp;&nbsp;&nbsp; 3.25%, 01/31/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | $219584 |
| &nbsp;&nbsp;&nbsp; 4.00%, 01/31/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP100 | 123427 |
| &nbsp;&nbsp;&nbsp; 4.50%, 07/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP100 | 119708 |
| &nbsp;&nbsp;&nbsp; 5.63%, 04/15/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 117524 |
| Vodafone Group PLC |  |  |
| &nbsp;&nbsp;&nbsp; 2.63%, 08/27/80, (5-year EUR Swap + 3.002%)<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 113811 |
| &nbsp;&nbsp;&nbsp; 3.00%, 08/27/80<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR250 | 274793 |
| &nbsp;&nbsp;&nbsp; 4.20%, 10/03/78, (5-year EUR Swap + 3.427%)<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 116786 |
| &nbsp;&nbsp;&nbsp; 6.50%, 08/30/84, (5-year EUR Swap + 3.489%)<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 125528 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 8.00%, 08/30/86, (5-year UK Government Bond + <br> 3.837%)<sup>(a)(b)</sup><br>| &nbsp;&nbsp;&nbsp; GBP100 | 144445 |
| Zegona Finance PLC, 6.75%, 07/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 241842 |
|  |  | 7606977 |
| **United States — 13.9%** | **United States — 13.9%** | **United States — 13.9%** |
| &nbsp;&nbsp;&nbsp; Allied Universal Holdco LLC/Allied Universal Finance <br> Corp./Atlas Luxco 4 SARL, 3.63%, 06/01/28<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; EUR200 | 225402 |
| Aramark International Finance Sarl, 4.38%, 04/15/33<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 113942 |
| &nbsp;&nbsp;&nbsp; Ardagh Metal Packaging Finance USA LLC/Ardagh <br> Metal Packaging Finance PLC<br>|  |  |
| &nbsp;&nbsp;&nbsp; 2.00%, 09/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 108108 |
| &nbsp;&nbsp;&nbsp; 3.00%, 09/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 102831 |
| &nbsp;&nbsp;&nbsp; Ardagh Packaging Finance PLC/Ardagh Holdings <br> USA Inc.<br>|  |  |
| &nbsp;&nbsp;&nbsp; 2.13%, 08/15/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 226463 |
| &nbsp;&nbsp;&nbsp; 4.75%, 07/15/27<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; GBP100 | 64980 |
| Ashland Services BV, 2.00%, 01/30/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 110265 |
| Avantor Funding Inc., 3.88%, 07/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 113868 |
| Avis Budget Finance PLC |  |  |
| &nbsp;&nbsp;&nbsp; 7.00%, 02/28/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 116696 |
| &nbsp;&nbsp;&nbsp; 7.25%, 07/31/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 116732 |
| Ball Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 1.50%, 03/15/27 | &nbsp;&nbsp;&nbsp; EUR100 | 111878 |
| &nbsp;&nbsp;&nbsp; 4.25%, 07/01/32 | &nbsp;&nbsp;&nbsp; EUR200 | 232320 |
| Beach Acquisition Bidco LLC, 5.25%, 07/15/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 231744 |
| Belden Inc., 3.88%, 03/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR150 | 171574 |
| Brightstar Lottery PLC, 2.38%, 04/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 111969 |
| Brookfield Property Finance ULC |  |  |
| &nbsp;&nbsp;&nbsp; 4.00%, 09/30/26 | &nbsp;&nbsp;&nbsp; CAD75 | 53490 |
| &nbsp;&nbsp;&nbsp; 7.13%, 02/13/28 | &nbsp;&nbsp;&nbsp; CAD250 | 187250 |
| Carnival PLC |  |  |
| &nbsp;&nbsp;&nbsp; 1.00%, 10/28/29 | &nbsp;&nbsp;&nbsp; EUR100 | 104118 |
| &nbsp;&nbsp;&nbsp; 4.13%, 07/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 231306 |
| Celanese U.S. Holdings LLC |  |  |
| &nbsp;&nbsp;&nbsp; 0.63%, 09/10/28 | &nbsp;&nbsp;&nbsp; EUR100 | 103160 |
| &nbsp;&nbsp;&nbsp; 2.13%, 03/01/27 | &nbsp;&nbsp;&nbsp; EUR100 | 112016 |
| &nbsp;&nbsp;&nbsp; 5.00%, 04/15/31 | &nbsp;&nbsp;&nbsp; EUR100 | 114212 |
| &nbsp;&nbsp;&nbsp; 5.59%, 01/19/29 | &nbsp;&nbsp;&nbsp; EUR125 | 149882 |
| &nbsp;&nbsp;&nbsp; Clarios Global LP / Clarios U.S. Finance Co., 4.75%, <br> 06/15/31<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; EUR125 | 143890 |
| Constellium SE, 5.38%, 08/15/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 117646 |
| Crown European Holdings SACA |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 01/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 119035 |
| &nbsp;&nbsp;&nbsp; 4.75%, 03/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 119318 |
| &nbsp;&nbsp;&nbsp; 5.00%, 05/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 120495 |
| Dana Financing Luxembourg SARL, 8.50%, 07/15/31<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 123433 |
| Darling Global Finance BV, 4.50%, 07/15/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR125 | 144378 |
| &nbsp;&nbsp;&nbsp; EMRLD Borrower LP/Emerald Co-Issuer Inc., 6.38%, <br> 12/15/30<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 119677 |
| Energizer Gamma Acquisition BV, 3.50%, 06/30/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 110644 |
| Goodyear Europe BV, 2.75%, 08/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 112157 |

---

------

Schedule of Investments (unaudited)(continued)

July 31, 2025

**iShares® International High Yield Bond ETF**

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

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **United States (continued)** | **United States (continued)** | **United States (continued)** |
| &nbsp;&nbsp;&nbsp; Helios Software Holdings Inc./ION Corporate Solutions <br> Finance SARL, 7.88%, 05/01/29<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | $119159 |
| IGT Lottery Holdings BV, 4.25%, 03/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 116854 |
| IQVIA Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 2.25%, 01/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR150 | 167507 |
| &nbsp;&nbsp;&nbsp; 2.25%, 03/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 220649 |
| &nbsp;&nbsp;&nbsp; 2.88%, 06/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 112796 |
| Levi Strauss & Co., 4.00%, 08/15/30<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 115921 |
| MPT Operating Partnership LP/MPT Finance Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 0.99%, 10/15/26 | &nbsp;&nbsp;&nbsp; EUR100 | 106490 |
| &nbsp;&nbsp;&nbsp; 3.38%, 04/24/30 | &nbsp;&nbsp;&nbsp; GBP100 | 88317 |
| &nbsp;&nbsp;&nbsp; 3.69%, 06/05/28 | &nbsp;&nbsp;&nbsp; GBP100 | 104189 |
| &nbsp;&nbsp;&nbsp; 7.00%, 02/15/32<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR200 | 234050 |
| Novelis Sheet Ingot GmbH, 3.38%, 04/15/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 111094 |
| OI European Group BV |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 06/01/29<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 118049 |
| &nbsp;&nbsp;&nbsp; 6.25%, 05/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 117839 |
| Olympus Water U.S. Holding Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 3.88%, 10/01/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 112453 |
| &nbsp;&nbsp;&nbsp; 9.63%, 11/15/28<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 119787 |
| &nbsp;&nbsp;&nbsp; Organon & Co./Organon Foreign Debt Co-Issuer BV, <br> 2.88%, 04/30/28<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; EUR300 | 336493 |
| Perrigo Finance Unlimited Co., 5.38%, 09/30/32 | &nbsp;&nbsp;&nbsp; EUR100 | 118572 |
| &nbsp;&nbsp;&nbsp; Primo Water Holdings Inc./Triton Water Holdings Inc., <br> 3.88%, 10/31/28<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 113727 |
| &nbsp;&nbsp;&nbsp; SCIL IV LLC/SCIL USA Holdings LLC, 9.50%, <br> 07/15/28<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 119706 |
| &nbsp;&nbsp;&nbsp; Shift4 Payments LLC/Shift4 Payments Finance Sub Inc., <br> 5.50%, 05/15/33<sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp; EUR100 | 118584 |
| Silgan Holdings Inc., 2.25%, 06/01/28 | &nbsp;&nbsp;&nbsp; EUR100 | 111034 |
| Standard Industries Inc./New York, 2.25%, 11/21/26<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; EUR100 | 112963 |
| VF Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 0.25%, 02/25/28 | &nbsp;&nbsp;&nbsp; EUR100 | 103490 |
| &nbsp;&nbsp;&nbsp; 0.63%, 02/25/32 | &nbsp;&nbsp;&nbsp; EUR100 | 83033 |
| &nbsp;&nbsp;&nbsp; 4.25%, 03/07/29 | &nbsp;&nbsp;&nbsp; EUR100 | 112727 |
| Walgreens Boots Alliance Inc., 2.13%, 11/20/26 | &nbsp;&nbsp;&nbsp; EUR125 | 142264 |
| Warnermedia Holdings Inc., 4.69%, 05/17/33 | &nbsp;&nbsp;&nbsp; EUR100 | 101139 |
| Whirlpool EMEA Finance Sarl, 0.50%, 02/20/28 | &nbsp;&nbsp;&nbsp; EUR100 | 105849 |
| Whirlpool Finance Luxembourg Sarl, 1.10%, 11/09/27 | &nbsp;&nbsp;&nbsp; EUR100 | 108081 |
|  |  | 8197695 |
| **Total Corporate Bonds & Notes — 98.3%** <br>**(Cost: $56,371,510)** | **Total Corporate Bonds & Notes — 98.3%** <br>**(Cost: $56,371,510)** | 57820409 |

---

---

| | | |
|:---|:---|:---|
| *Security* | *Shares* | *Value* |
| **Common Stocks** | **Common Stocks** | **Common Stocks** |
| **Supranational — 0.0%** | **Supranational — 0.0%** | **Supranational — 0.0%** |
| &nbsp;&nbsp;&nbsp; Sentry Holdings Ltd.<sup>(f)</sup> | &nbsp;&nbsp;&nbsp; 25 | $— |
| **Total Common Stocks — 0.0%** <br>**(Cost: $159,437)** | **Total Common Stocks — 0.0%** <br>**(Cost: $159,437)** |  |
| **Total Long-Term Investments — 98.3%** <br>**(Cost: $56,530,947)** | **Total Long-Term Investments — 98.3%** <br>**(Cost: $56,530,947)** | 57820409 |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 0.0%** | **Money Market Funds — 0.0%** | **Money Market Funds — 0.0%** |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL Agency Shares, <br> 4.30%<sup>(j)(k)</sup><br>| &nbsp;&nbsp;&nbsp; 20000 | 20000 |
| **Total Short-Term Securities — 0.0%** <br>**(Cost: $20,000)** | **Total Short-Term Securities — 0.0%** <br>**(Cost: $20,000)** | 20000 |
| **Total Investments — 98.3%** <br>**(Cost: $56,550,947)** | **Total Investments — 98.3%** <br>**(Cost: $56,550,947)** | 57840409 |
| **Other Assets Less Liabilities — 1.7%** | **Other Assets Less Liabilities — 1.7%** | 1005479 |
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | $58845888 |

---

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

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

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

<sup>(e)</sup> Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. 

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

<sup>(g)</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>(h)</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. 

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

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

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

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Fund during the period ended July 31, 2025 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at* <br>*10/31/24*<br>| &nbsp;&nbsp; *Proceeds* <br>*from Sales*<br>| *Net Realized* <br>*Gain (Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*07/31/25*<br>| *Shares* <br>*Held at* <br>*07/31/25*<br>| *Income* | *Capital* <br>*Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| BlackRock Cash Funds: Treasury, SL Agency Shares | $20000<br> $0 <br><sup>(a)</sup><br>| $— | $— | $— | $20000 | 20000 | $1003 | $— |

---

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

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

------

Schedule of Investments (unaudited)(continued)

July 31, 2025

**iShares® International High Yield Bond ETF**

**Fair Value Hierarchy as of Period End** 

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

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

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

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

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

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Assets  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-Term Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Corporate Bonds & Notes | &nbsp;&nbsp; $— | &nbsp;&nbsp; $57820409 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $57820409 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common Stocks | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Short-Term Securities  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp; 20000 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 20000 |
|  | &nbsp;&nbsp; $20000 | &nbsp;&nbsp; $57820409 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $57840409 |

---

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

---

| | |
|:---|:---|
| **Currency Abbreviation** | **Currency Abbreviation** |
| CAD | Canadian Dollar |
| EUR | Euro |
| GBP | British Pound |

---

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

---

| | |
|:---|:---|
| **Portfolio Abbreviation** | **Portfolio Abbreviation** |
| CAB | Capital Appreciation Bonds |
| EURIBOR | Euro Interbank Offered Rate |
| PIK | Payment-in-kind |
| SOFR | Secured Overnight Financing Rate |

---

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

------

## 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 International High Yield Bond ETF

- **b. EDGAR series identifier (if any):** S000036907

- **c. LEI of Series:** 549300P92KYAJ7I5B171

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-07-31

**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:** $58874066.97

**Total Liabilities:** $18428.97

**Net Assets:** $58855638.00

**Cash Not Reported:** $1474583.35

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **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:** 46.03000000 | **1-Year:** 2329.35000000 | **5-Year:** 14950.82000000 | **10-Year:** 239.48000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000112950 | 1.68%                | 3.98%                | -1.96%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $161117.84               | $354123.50                                 |
| Month 2  | $77645.04                | $1553750.03                                |
| Month 3  | $69700.48                | $-1349081.83                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AMS-OSRAM AG                                   | ams-OSRAM AG                                                                 | CUSIP: 000000000<br>LEI: 5299001JPPT2QFTV5D76 | Long             | DBT              | CORP              | AT        |    100000 | PA      | $121222.44    | 0.21%             | 2029-03-30      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| METLEN ENERGY & METALS                         | Metlen Energy & Metals SA                                                    | CUSIP: 000000000<br>LEI: 213800KT8MEUJEJ2KW41 | Long             | DBT              | CORP              | GR        |    200000 | PA      | $234000.44    | 0.40%             | 2029-10-17      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILIAD SA                                       | iliad SA                                                                     | CUSIP: 000000000<br>LEI: 969500FZ9BTRZS3JNB97 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $123009.25    | 0.21%             | 2030-02-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| ESSENDI SA                                     | Essendi SA                                                                   | CUSIP: 000000000<br>LEI: 2221000MD2YP7WLTNC52 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $117188.42    | 0.20%             | 2032-05-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| WEBUILD SPA                                    | Webuild SpA                                                                  | CUSIP: 000000000<br>LEI: 549300UKR289DF4UXQ47 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $120548.19    | 0.20%             | 2029-06-20      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| PACHELBEL BIDCO SPA                            | Pachelbel Bidco SpA                                                          | CUSIP: 000000000<br>LEI: 8156005DA07CDD50CC46 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $123199.34    | 0.21%             | 2031-05-17      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| UNITED GROUP BV                                | United Group BV                                                              | CUSIP: 000000000<br>LEI: 213800PC85O8BJ7DU398 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $117851.77    | 0.20%             | 2031-02-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| BOELS TOPHOLDING BV                            | Boels Topholding BV                                                          | CUSIP: 000000000<br>LEI: 724500V913SEHSEW2O75 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $118100.41    | 0.20%             | 2029-02-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| INTESA SANPAOLO ASSICURA                       | Intesa Sanpaolo Assicurazioni SpA                                            | CUSIP: 000000000<br>LEI: 549300UM31PJ24TTSR94 | Long             | DBT              | CORP              | IT        |    250000 | PA      | $266945.42    | 0.45%             | 2030-12-22      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| EDP SA                                         | EDP SA                                                                       | CUSIP: 000000000<br>LEI: 529900CLC3WDMGI9VH80 | Long             | DBT              | CORP              | PT        |    200000 | PA      | $233998.16    | 0.40%             | 2054-09-16      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| WEBUILD SPA                                    | Webuild SpA                                                                  | CUSIP: 000000000<br>LEI: 549300UKR289DF4UXQ47 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $124727.57    | 0.21%             | 2028-09-27      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ILIAD SA                                       | iliad SA                                                                     | CUSIP: 000000000<br>LEI: 969500FZ9BTRZS3JNB97 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $222084.01    | 0.38%             | 2028-02-11      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| ARDONAGH FINCO LTD                             | Ardonagh Finco Ltd                                                           | CUSIP: 000000000<br>LEI: 254900D2T84O1K03BA28 | Long             | DBT              | CORP              | JE        |    200000 | PA      | $236859.88    | 0.40%             | 2031-02-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| TEREOS FINANCE GROUPE I                        | Tereos Finance Groupe I SA                                                   | CUSIP: 000000000<br>LEI: 969500183Z46A3QF8W69 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $117792.27    | 0.20%             | 2028-04-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| THAMES WATER UTIL FIN                          | Thames Water Utilities Finance PLC                                           | CUSIP: 000000000<br>LEI: 213800ESMPQ4RQ7G8351 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $76114.35     | 0.13%             | 2034-01-31      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| ORSTED A/S                                     | Orsted AS                                                                    | CUSIP: 000000000<br>LEI: W9NG6WMZIYEU8VEDOG48 | Long             | DBT              | CORP              | DK        |    100000 | PA      | $116623.73    | 0.20%             | 2099-12-31      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ZF EUROPE FINANCE BV                           | ZF Europe Finance BV                                                         | CUSIP: 000000000<br>LEI: 549300RI533US2G6G542 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $230314.14    | 0.39%             | 2030-06-12      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| VAR ENERGI ASA                                 | Var Energi ASA                                                               | CUSIP: 000000000<br>LEI: 549300LIVN3FFOJN2K47 | Long             | DBT              | CORP              | NO        |    125000 | PA      | $157047.36    | 0.27%             | 2083-11-15      | Fixed         | 7.86%                 | No            |                  2 | On Loan: No      |
| LEVI STRAUSS & CO                              | Levi Strauss & Co                                                            | CUSIP: 000000000<br>LEI: MB0UERO0RDFKU8258G77 | Long             | DBT              | CORP              | US        |    100000 | PA      | $115920.95    | 0.20%             | 2030-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHEPLAPHARM ARZNEIMITTEL                       | Cheplapharm Arzneimittel GmbH                                                | CUSIP: 000000000<br>LEI: 529900ONXKBELT7EW052 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $117511.39    | 0.20%             | 2030-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| BANCA POPOLARE SONDRIO                         | Banca Popolare di Sondrio SPA                                                | CUSIP: 000000000<br>LEI: J48C8PCSJVUBR8KCW529 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $114826.34    | 0.20%             | 2032-02-25      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD PPTY FIN ULC                        | Brookfield Property Finance ULC                                              | CUSIP: 11287PAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    250000 | PA      | $187249.66    | 0.32%             | 2028-02-13      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| CARNIVAL PLC                                   | Carnival PLC                                                                 | CUSIP: 000000000<br>LEI: 4DR1VPDQMHD3N3QW8W95 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $231306.48    | 0.39%             | 2031-07-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING                         | Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    100000 | PA      | $108107.93    | 0.18%             | 2028-09-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SCHAEFFLER AG                                  | Schaeffler AG                                                                | CUSIP: 000000000<br>LEI: 549300Q7E782X7GC1P43 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $117179.13    | 0.20%             | 2029-08-14      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| LORCA TELECOM BONDCO                           | Lorca Telecom Bondco SA                                                      | CUSIP: 000000000<br>LEI: 9598004HFBAS82YM7X35 | Long             | DBT              | CORP              | ES        |    400000 | PA      | $456650.97    | 0.78%             | 2027-09-18      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ODIDO HOLD BV                                  | Odido Holding BV                                                             | CUSIP: 000000000<br>LEI: 7245000O9YOLPPM9YB33 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $113445.87    | 0.19%             | 2029-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| PINNACLE BIDCO PLC                             | Pinnacle Bidco PLC                                                           | CUSIP: 000000000<br>LEI: 2138006Z5V8OBL2A2Q06 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $139288.99    | 0.24%             | 2028-10-11      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| IQVIA INC                                      | IQVIA Inc                                                                    | CUSIP: 000000000<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    150000 | PA      | $167506.91    | 0.28%             | 2028-01-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| 888 ACQUISITIONS LTD                           | 888 Acquisitions Ltd                                                         | CUSIP: 000000000<br>LEI: 254900RFD0BP3JOPZU89 | Long             | DBT              | CORP              | GI        |    100000 | PA      | $115182.38    | 0.20%             | 2027-07-15      | Fixed         | 7.56%                 | No            |                  2 | On Loan: No      |
| AAREAL BANK AG                                 | Aareal Bank AG                                                               | CUSIP: 000000000<br>LEI: EZKODONU5TYHW4PP1R34 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $118927.22    | 0.20%             | 2034-12-12      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| ZF EUROPE FINANCE BV                           | ZF Europe Finance BV                                                         | CUSIP: 000000000<br>LEI: 549300RI533US2G6G542 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $200730.34    | 0.34%             | 2029-10-23      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC POWER CORP                              | Public Power Corp SA                                                         | CUSIP: 000000000<br>LEI: 213800T9Y5XCOVRZ4Y57 | Long             | DBT              | CORP              | GR        |    100000 | PA      | $114038.09    | 0.19%             | 2028-07-31      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| PAPREC HOLDING SA                              | Paprec Holding SA                                                            | CUSIP: 000000000<br>LEI: 969500ASAFSVN9KVC873 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $116235.65    | 0.20%             | 2030-07-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ZF EUROPE FINANCE BV                           | ZF Europe Finance BV                                                         | CUSIP: 000000000<br>LEI: 549300RI533US2G6G542 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $113953.39    | 0.19%             | 2029-03-13      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| CMA CGM SA                                     | CMA CGM SA                                                                   | CUSIP: 000000000<br>LEI: 969500BZJ49IICIBZZ08 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $119179.90    | 0.20%             | 2029-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NOVELIS SHEET INGOT GMBH                       | Novelis Sheet Ingot GmbH                                                     | CUSIP: 000000000<br>LEI: 9845005E95899E77AY49 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $111093.85    | 0.19%             | 2029-04-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Vodafone Group PLC                             | Vodafone Group PLC                                                           | CUSIP: 000000000<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $116786.28    | 0.20%             | 2078-10-03      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| SUMMER BC HOLDCO B SARL                        | Summer BC Holdco B SARL                                                      | CUSIP: 000000000<br>LEI: 984500NRF59D5DB9B654 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $111934.60    | 0.19%             | 2030-02-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| GOLDSTORY SASU                                 | Goldstory SAS                                                                | CUSIP: 000000000<br>LEI: 969500NWR67ONUJD4A26 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $118766.73    | 0.20%             | 2030-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| PIRAEUS FINANCIAL HLDGS                        | Piraeus Financial Holdings SA                                                | CUSIP: 000000000<br>LEI: M6AD1Y1KW32H8THQ6F76 | Long             | DBT              | CORP              | GR        |    100000 | PA      | $119860.96    | 0.20%             | 2035-09-18      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SPIE SA                                        | SPIE SA                                                                      | CUSIP: 000000000<br>LEI: 969500TJNS5GSFWJ8X85 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $115756.20    | 0.20%             | 2030-05-28      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| VIVION INVESTMENTS                             | Vivion Investments Sarl                                                      | CUSIP: 000000000<br>LEI: 529900SJ7X71ESJK9N76 | Long             | DBT              | CORP              | LU        |    101455 | PA      | $114196.10    | 0.19%             | 2028-08-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| AIR FRANCE-KLM                                 | Air France-KLM                                                               | CUSIP: 000000000<br>LEI: 969500AQW31GYO8JZD66 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $128546.31    | 0.22%             | 2028-05-31      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| WEBUILD SPA                                    | Webuild SpA                                                                  | CUSIP: 000000000<br>LEI: 549300UKR289DF4UXQ47 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $114755.75    | 0.19%             | 2031-07-03      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                       | Celanese US Holdings LLC                                                     | CUSIP: 000000000<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103160.14    | 0.18%             | 2028-09-10      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| BEACH ACQUISITION BIDCO                        | Beach Acquisition Bidco LLC                                                  | CUSIP: 000000000<br>LEI: 254900F2FNX3GBTB6202 | Long             | DBT              | CORP              | US        |    100000 | PA      | $115871.84    | 0.20%             | 2032-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                               | Altice France SA                                                             | CUSIP: 000000000<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $208441.41    | 0.35%             | 2027-02-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Heathrow Finance PLC                           | Heathrow Finance PLC                                                         | CUSIP: 000000000<br>LEI: 549300F740QSGMPHQJ60 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $128626.70    | 0.22%             | 2027-03-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                             | Vodafone Group PLC                                                           | CUSIP: 000000000<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $113811.22    | 0.19%             | 2080-08-27      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| CMA CGM SA                                     | CMA CGM SA                                                                   | CUSIP: 000000000<br>LEI: 969500BZJ49IICIBZZ08 | Long             | DBT              | CORP              | FR        |    150000 | PA      | $173840.12    | 0.30%             | 2031-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KAIXO BONDCO TELECOM SA                        | Kaixo Bondco Telecom SA                                                      | CUSIP: 000000000<br>LEI: 959800ULWB3MZHZ69055 | Long             | DBT              | CORP              | ES        |    100000 | PA      | $115640.26    | 0.20%             | 2029-09-30      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| KANE BIDCO LTD                                 | Kane Bidco Ltd                                                               | CUSIP: 000000000<br>LEI: 213800IT8MD1MLYZWC24 | Long             | DBT              | CORP              | JE        |    100000 | PA      | $133959.22    | 0.23%             | 2031-07-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| VF CORP                                        | VF Corp                                                                      | CUSIP: 918204AY4<br>LEI: CWAJJ9DJ5Z7P057HV541 | Long             | DBT              | CORP              | US        |    100000 | PA      | $83033.07     | 0.14%             | 2032-02-25      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| DOLCETTO HOLDCO SPA                            | Dolcetto Holdco SpA                                                          | CUSIP: 000000000<br>LEI: 81560029E819F2CE4A42 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $116164.77    | 0.20%             | 2032-07-14      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| BANIJAY ENTERTAINMENT                          | Banijay Entertainment SAS                                                    | CUSIP: 000000000<br>LEI: 969500CE0IE2EZ5VBG13 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $119057.86    | 0.20%             | 2029-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| IQVIA INC                                      | IQVIA Inc                                                                    | CUSIP: 000000000<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    200000 | PA      | $220649.23    | 0.37%             | 2029-03-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                        | MPT Operating Partnership LP / MPT Finance Corp                              | CUSIP: 55342UAL8<br>LEI: N/A                  | Long             | DBT              |  | US        |    100000 | PA      | $104189.23    | 0.18%             | 2028-06-05      | Fixed         | 3.69%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                               | Altice France SA                                                             | CUSIP: 000000000<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $99147.97     | 0.17%             | 2028-01-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ABANCA CORP BANCARIA SA                        | Abanca Corp Bancaria SA                                                      | CUSIP: 000000000<br>LEI: 54930056IRBXK0Q1FP96 | Long             | DBT              | CORP              | ES        |    100000 | PA      | $117133.58    | 0.20%             | 2036-12-11      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| BOOST NEWCO BORROWER LLC                       | Boost Newco Borrower LLC/GTCR W Dutch Finance Sub BV                         | CUSIP: 000000000<br>LEI: 894500GLVOTVRGS68C28 | Long             | DBT              | CORP              | XX        |    100000 | PA      | $142120.33    | 0.24%             | 2031-01-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| THAMES WATER UTIL FIN                          | Thames Water Utilities Finance PLC                                           | CUSIP: 000000000<br>LEI: 213800ESMPQ4RQ7G8351 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $75939.77     | 0.13%             | 2030-01-31      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| ENGINEERING SPA                                | Engineering - Ingegneria Informatica - SpA                                   | CUSIP: 000000000<br>LEI: 81560042F5E23EE61346 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $120777.21    | 0.21%             | 2028-05-15      | Fixed         | 11.13%                | No            |                  2 | On Loan: No      |
| ERAMET                                         | Eramet SA                                                                    | CUSIP: 000000000<br>LEI: 549300LUH78PG2MP6N64 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $116957.22    | 0.20%             | 2028-05-22      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| INEOS QUATTRO FINANCE 2                        | INEOS Quattro Finance 2 Plc                                                  | CUSIP: 000000000<br>LEI: 213800V48W4Y5MT5Q131 | Long             | DBT              | CORP              | GB        |    125000 | PA      | $134677.43    | 0.23%             | 2030-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| TEVA PHARM FNC NL II                           | Teva Pharmaceutical Finance Netherlands II BV                                | CUSIP: 000000000<br>LEI: 549300HSQCIKJAOYIT23 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $229543.37    | 0.39%             | 2031-06-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| AIR CANADA                                     | Air Canada                                                                   | CUSIP: 008911BJ7<br>LEI: 4B4HI3CGXMBDC0G6BM51 | Long             | DBT              | CORP              | CA        |    450000 | PA      | $321463.36    | 0.55%             | 2029-08-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| SOFTBANK GROUP CORP                            | SoftBank Group Corp                                                          | CUSIP: 000000000<br>LEI: 5493003BZYYYCDIO0R13 | Long             | DBT              | CORP              | JP        |    100000 | PA      | $117762.43    | 0.20%             | 2031-07-10      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| IHO VERWALTUNGS GMBH                           | IHO Verwaltungs GmbH                                                         | CUSIP: 000000000<br>LEI: 529900JL0HDVGZMUJF32 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $119382.31    | 0.20%             | 2028-05-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| TELECOM ITALIA SPA                             | Telecom Italia SpA/Milano                                                    | CUSIP: 000000000<br>LEI: 549300W384M3RI3VXU42 | Long             | DBT              | CORP              | IT        |    103000 | PA      | $131719.17    | 0.22%             | 2028-07-31      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| TELENET FINANCE LUX NOTE                       | Telenet Finance Luxembourg Notes Sarl                                        | CUSIP: 000000000<br>LEI: 2138007RI9GLJPCC3E25 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $113776.96    | 0.19%             | 2028-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| EDP SA                                         | EDP SA                                                                       | CUSIP: 000000000<br>LEI: 529900CLC3WDMGI9VH80 | Long             | DBT              | CORP              | PT        |    100000 | PA      | $112838.67    | 0.19%             | 2081-08-02      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                        | MPT Operating Partnership LP / MPT Finance Corp                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              |  | US        |    200000 | PA      | $234050.04    | 0.40%             | 2032-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| MAXAM PRILL SARL                               | Maxam Prill Sarl                                                             | CUSIP: 000000000<br>LEI: 984500C4C5B820A6B691 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $113595.61    | 0.19%             | 2030-07-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ALMAVIVA THE ITALIAN INN                       | Almaviva-The Italian Innovation Co SpA                                       | CUSIP: 000000000<br>LEI: 815600A862DA4DD9E211 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $115602.22    | 0.20%             | 2030-10-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| THAMES WATER SUPER SEN                         | Thames Water Super Senior Issuer PLC                                         | CUSIP: 000000000<br>LEI: 635400LBEYCV7F4FC741 | Long             | DBT              | CORP              | GB        |      5769 | PA      | $8376.79      | 0.01%             | 2027-10-10      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| RAY FINANCING LLC                              | RAY Financing LLC                                                            | CUSIP: 000000000<br>LEI: 254900IA5MVMGDF40Z19 | Long             | DBT              | CORP              | US        |    100000 | PA      | $117000.39    | 0.20%             | 2031-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| RENAULT SA                                     | Renault SA                                                                   | CUSIP: 000000000<br>LEI: 969500F7JLTX36OUI695 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $113180.77    | 0.19%             | 2027-06-02      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                               | Altice France SA                                                             | CUSIP: 000000000<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $99871.39     | 0.17%             | 2029-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BCP MODULAR SERVICES                           | BCP V Modular Services Finance II PLC                                        | CUSIP: 000000000<br>LEI: 213800227GGD6UI7PI97 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $111153.63    | 0.19%             | 2028-11-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK FINAN                               | Vmed O2 UK Financing I PLC                                                   | CUSIP: 000000000<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $123427.06    | 0.21%             | 2029-01-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CERBA HEALTHCARE SASU                          | Cerba Healthcare SACA                                                        | CUSIP: 000000000<br>LEI: 9845000C1FYE89DC8677 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $81594.81     | 0.14%             | 2028-05-31      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| DUFRY ONE BV                                   | Dufry One BV                                                                 | CUSIP: 000000000<br>LEI: 7245003K5MN9U7XW0808 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $224555.42    | 0.38%             | 2027-02-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| EDP SA                                         | EDP SA                                                                       | CUSIP: 000000000<br>LEI: 529900CLC3WDMGI9VH80 | Long             | DBT              | CORP              | PT        |    100000 | PA      | $117705.71    | 0.20%             | 2054-05-29      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| IGT LOTTERY HOLDINGS BV                        | IGT Lottery Holdings BV                                                      | CUSIP: 000000000<br>LEI: 984500911D9B7B4D7533 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $116853.99    | 0.20%             | 2030-03-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MATTAMY GROUP CORP                             | Mattamy Group Corp                                                           | CUSIP: 57701RAL6<br>LEI: 5493008TNY7A82WCXU31 | Long             | DBT              | CORP              | CA        |     50000 | PA      | $35563.50     | 0.06%             | 2028-03-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ABANCA CORP BANCARIA SA                        | Abanca Corp Bancaria SA                                                      | CUSIP: 000000000<br>LEI: 54930056IRBXK0Q1FP96 | Long             | DBT              | CORP              | ES        |    100000 | PA      | $129212.63    | 0.22%             | 2033-09-23      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| GRUENENTHAL GMBH                               | Gruenenthal GmbH                                                             | CUSIP: 000000000<br>LEI: 529900SH895E31PGLA72 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $114635.83    | 0.19%             | 2028-05-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| WALGREENS BOOTS ALLIANCE                       | Walgreens Boots Alliance Inc                                                 | CUSIP: 931427AJ7<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |    125000 | PA      | $142263.92    | 0.24%             | 2026-11-20      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| VF CORP                                        | VF Corp                                                                      | CUSIP: 918204AX6<br>LEI: CWAJJ9DJ5Z7P057HV541 | Long             | DBT              | CORP              | US        |    100000 | PA      | $103489.58    | 0.18%             | 2028-02-25      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| ALLWYN ENTERTAINMENT FIN                       | Allwyn Entertainment Financing UK PLC                                        | CUSIP: 000000000<br>LEI: 315700J7ZTIN8XGCX365 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $120938.96    | 0.21%             | 2030-04-30      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| UNICAJA BANCO SA                               | Unicaja Banco SA                                                             | CUSIP: 000000000<br>LEI: 5493007SJLLCTM6J6M37 | Long             | DBT              | CORP              | ES        |    100000 | PA      | $120865.26    | 0.21%             | 2034-06-22      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ZF EUROPE FINANCE BV                           | ZF Europe Finance BV                                                         | CUSIP: 000000000<br>LEI: 549300RI533US2G6G542 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $109205.25    | 0.19%             | 2029-01-31      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| LOTTOMATICA GROUP SPA                          | Lottomatica Group Spa                                                        | CUSIP: 000000000<br>LEI: 549300R72LKEGT4EX026 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $118653.84    | 0.20%             | 2030-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK FINAN                               | Vmed O2 UK Financing I PLC                                                   | CUSIP: 000000000<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $219584.10    | 0.37%             | 2031-01-31      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CENTRICA PLC                                   | Centrica PLC                                                                 | CUSIP: 000000000<br>LEI: E26EDV109X6EEPBKVH76 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $135119.78    | 0.23%             | 2055-05-21      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BANCA MONTE DEI PASCHI S                       | Banca Monte dei Paschi di Siena SpA                                          | CUSIP: 000000000<br>LEI: J4CP7MHCXR8DAQMKIL78 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $119365.25    | 0.20%             | 2029-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| EDP SA                                         | EDP SA                                                                       | CUSIP: 000000000<br>LEI: 529900CLC3WDMGI9VH80 | Long             | DBT              | CORP              | PT        |    200000 | PA      | $210954.21    | 0.36%             | 2082-03-14      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| SCHAEFFLER AG                                  | Schaeffler AG                                                                | CUSIP: 000000000<br>LEI: 549300Q7E782X7GC1P43 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $115919.05    | 0.20%             | 2028-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| VERISURE HOLDING AB                            | Verisure Holding AB                                                          | CUSIP: 000000000<br>LEI: 549300VQQCWGISM3N408 | Long             | DBT              | CORP              | SE        |     80000 | PA      | $94767.45     | 0.16%             | 2027-10-15      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| ARDAGH PKG FIN/HLDGS USA                       | Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    100000 | PA      | $64979.52     | 0.11%             | 2027-07-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA SECURED FIN                       | Virgin Media Secured Finance PLC                                             | CUSIP: 000000000<br>LEI: 213800X3RLP4NOTPY579 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $121310.65    | 0.21%             | 2030-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| TAP SA                                         | Transportes Aereos Portugueses SA                                            | CUSIP: 000000000<br>LEI: 213800XBTDYWRYHKH878 | Long             | DBT              | CORP              | PT        |    100000 | PA      | $117763.89    | 0.20%             | 2029-11-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| EDP SA                                         | EDP SA                                                                       | CUSIP: 000000000<br>LEI: 529900CLC3WDMGI9VH80 | Long             | DBT              | CORP              | PT        |    200000 | PA      | $242768.46    | 0.41%             | 2083-04-23      | Fixed         | 5.94%                 | No            |                  2 | On Loan: No      |
| UNITED GROUP BV                                | United Group BV                                                              | CUSIP: 000000000<br>LEI: 213800PC85O8BJ7DU398 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $113570.74    | 0.19%             | 2030-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BPER BANCA                                     | BPER Banca SPA                                                               | CUSIP: 000000000<br>LEI: N747OI7JINV7RUUH6190 | Long             | DBT              | CORP              | IT        |    150000 | PA      | $179367.25    | 0.30%             | 2028-02-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| OEG FINANCE PLC                                | OEG Finance PLC                                                              | CUSIP: 000000000<br>LEI: 254900KMBHWF9UK63G44 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $118995.27    | 0.20%             | 2029-09-27      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| ROSSINI SARL                                   | Rossini Sarl                                                                 | CUSIP: 000000000<br>LEI: 549300EC5JCCW6F83R11 | Long             | DBT              | CORP              | LU        |    150000 | PA      | $180474.03    | 0.31%             | 2029-12-31      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| RENAULT SA                                     | Renault SA                                                                   | CUSIP: 000000000<br>LEI: 969500F7JLTX36OUI695 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $113151.71    | 0.19%             | 2028-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SOFTBANK GROUP CORP                            | SoftBank Group Corp                                                          | CUSIP: 000000000<br>LEI: 5493003BZYYYCDIO0R13 | Long             | DBT              | CORP              | JP        |    100000 | PA      | $111745.83    | 0.19%             | 2029-09-19      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EDP SA                                         | EDP SA                                                                       | CUSIP: 000000000<br>LEI: 529900CLC3WDMGI9VH80 | Long             | DBT              | CORP              | PT        |    100000 | PA      | $114806.13    | 0.20%             | 2055-05-27      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PARKLAND CORP                                  | Parkland Corp                                                                | CUSIP: 70137WAF5<br>LEI: 549300UY5C6HUV0XLS53 | Long             | DBT              | CORP              | CA        |     75000 | PA      | $53192.21     | 0.09%             | 2029-03-26      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ZF FINANCE GMBH                                | ZF Finance GmbH                                                              | CUSIP: 000000000<br>LEI: 5493001N9T6QDCCXB426 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $106952.05    | 0.18%             | 2028-09-21      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| SILGAN HOLDINGS INC                            | Silgan Holdings Inc                                                          | CUSIP: 000000000<br>LEI: KAF673KJXD92C8KSLU49 | Long             | DBT              | CORP              | US        |    100000 | PA      | $111034.38    | 0.19%             | 2028-06-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| HELIOS SOFT/ION CORP SOL                       | Helios Software Holdings Inc / ION Corporate Solutions Finance Sarl          | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $119158.68    | 0.20%             | 2029-05-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP                       | Olympus Water US Holding Corp                                                | CUSIP: 000000000<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |    100000 | PA      | $119786.66    | 0.20%             | 2028-11-15      | Fixed         | 9.63%                 | No            |                  2 | On Loan: No      |
| ZF FINANCE GMBH                                | ZF Finance GmbH                                                              | CUSIP: 000000000<br>LEI: 5493001N9T6QDCCXB426 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $115364.46    | 0.20%             | 2026-08-03      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET FINANCE PLC                        | Avis Budget Finance Plc                                                      | CUSIP: 000000000<br>LEI: 549300W3BJJPGKCIOI13 | Long             | DBT              | CORP              | JE        |    100000 | PA      | $116695.83    | 0.20%             | 2029-02-28      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| NEXANS SA                                      | Nexans SA                                                                    | CUSIP: 000000000<br>LEI: 96950015FU78G84UIV14 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $117421.71    | 0.20%             | 2029-05-29      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| ZF FINANCE GMBH                                | ZF Finance GmbH                                                              | CUSIP: 000000000<br>LEI: 5493001N9T6QDCCXB426 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $104370.54    | 0.18%             | 2028-05-03      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| STYROLUTION                                    | INEOS Styrolution Ludwigshafen GmbH                                          | CUSIP: 000000000<br>LEI: 5299003M4PGUGL48LS74 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $110727.58    | 0.19%             | 2027-01-16      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                             | Vodafone Group PLC                                                           | CUSIP: 000000000<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $109917.17    | 0.19%             | 2080-08-27      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| THAMES WATER UTIL LTD                          | Thames Water Utilities Ltd                                                   | CUSIP: 000000000<br>LEI: 213800JKM5UQHFJOTZ25 | Long             | DBT              | CORP              | GB        |      2894 | PA      | $3177.01      | 0.01%             | 2027-03-22      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| INEOS FINANCE PLC                              | INEOS Finance PLC                                                            | CUSIP: 000000000<br>LEI: 2138002D68XDR4LZCG32 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $114239.70    | 0.19%             | 2029-04-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Q-PARK HOLDING BV                              | Q-Park Holding I BV                                                          | CUSIP: 000000000<br>LEI: 2549003839B7HE3NDP48 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $112259.84    | 0.19%             | 2027-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| GRIFOLS SA                                     | Grifols SA                                                                   | CUSIP: 000000000<br>LEI: 959800HSSNXWRKBK4N60 | Long             | DBT              | CORP              | ES        |    250000 | PA      | $279049.78    | 0.47%             | 2028-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CAB                                            | CAB SELAS                                                                    | CUSIP: 000000000<br>LEI: 9695008EGX5O9K1MS743 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $217872.92    | 0.37%             | 2028-02-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA O2 V DAC                          | Virgin Media O2 Vendor Financing Notes V DAC                                 | CUSIP: 000000000<br>LEI: 635400ASSEVCXAPVGC36 | Long             | DBT              | CORP              | IE        |    100000 | PA      | $136057.54    | 0.23%             | 2032-03-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| FORVIA SE                                      | Forvia SE                                                                    | CUSIP: 000000000<br>LEI: 969500F0VMZLK2IULV85 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $112455.55    | 0.19%             | 2027-06-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| OCADO GROUP PLC                                | Ocado Group PLC                                                              | CUSIP: 000000000<br>LEI: 213800LO8F61YB8MBC74 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $134747.05    | 0.23%             | 2030-06-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| BANCA MONTE DEI PASCHI S                       | Banca Monte dei Paschi di Siena SpA                                          | CUSIP: 000000000<br>LEI: J4CP7MHCXR8DAQMKIL78 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $114999.85    | 0.20%             | 2031-05-28      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| APA INFRASTRUCTURE LTD                         | APA Infrastructure Ltd                                                       | CUSIP: 000000000<br>LEI: 261700SS8OEHDOCOUJ33 | Long             | DBT              | CORP              | AU        |    100000 | PA      | $125670.75    | 0.21%             | 2083-11-09      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| CINEPLEX INC                                   | Cineplex Inc                                                                 | CUSIP: 172454AH3<br>LEI: 549300WDU0AS30W35T75 | Long             | DBT              | CORP              | CA        |     25000 | PA      | $18852.77     | 0.03%             | 2029-03-31      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS                              | Iliad Holding SASU                                                           | CUSIP: 000000000<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $122395.10    | 0.21%             | 2031-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ASHLAND SERVICES BV                            | Ashland Services BV                                                          | CUSIP: 000000000<br>LEI: 549300S52OPXPKGJS029 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $110265.17    | 0.19%             | 2028-01-30      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| BAYER AG                                       | Bayer AG                                                                     | CUSIP: 000000000<br>LEI: 549300J4U55H3WP1XT59 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $115224.65    | 0.20%             | 2082-03-25      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| VALEO SE                                       | Valeo SE                                                                     | CUSIP: 000000000<br>LEI: 5493006IH2N2WMIBB742 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $115224.71    | 0.20%             | 2031-05-20      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| ORGANON & CO/ORG                               | Organon & Co / Organon Foreign Debt Co-Issuer BV                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    300000 | PA      | $336493.40    | 0.57%             | 2028-04-30      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| FIBERCOP SPA                                   | Fibercop SpA                                                                 | CUSIP: 000000000<br>LEI: 8156007022402E114A31 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $132114.40    | 0.22%             | 2033-01-24      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| AMBER FINCO PLC                                | Amber Finco PLC                                                              | CUSIP: 000000000<br>LEI: 9845004C0870D380O790 | Long             | DBT              | CORP              | GB        |    125000 | PA      | $150613.23    | 0.26%             | 2029-07-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| ASTON MARTIN CAPITAL HOL                       | Aston Martin Capital Holdings Ltd                                            | CUSIP: 000000000<br>LEI: 213800H4GKEF3CJ8C774 | Long             | DBT              | CORP              | JE        |    100000 | PA      | $123397.35    | 0.21%             | 2029-03-31      | Fixed         | 10.38%                | No            |                  2 | On Loan: No      |
| ILIAD SA                                       | iliad SA                                                                     | CUSIP: 000000000<br>LEI: 969500FZ9BTRZS3JNB97 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $237241.88    | 0.40%             | 2027-06-14      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| UNITED GROUP BV                                | United Group BV                                                              | CUSIP: 000000000<br>LEI: 213800PC85O8BJ7DU398 | Long             | DBT              | CORP              | NL        |     31818 | PA      | $36159.67     | 0.06%             | 2027-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EVONIK INDUSTRIES AG                           | Evonik Industries AG                                                         | CUSIP: 000000000<br>LEI: 41GUOJQTALQHLF39XJ34 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $110871.43    | 0.19%             | 2081-09-02      | Fixed         | 1.38%                 | No            |                  2 | On Loan: No      |
| EIRCOM FINANCE DAC                             | eircom Finance DAC                                                           | CUSIP: 000000000<br>LEI: 254900NA4DUH50UERM85 | Long             | DBT              | CORP              | IE        |    100000 | PA      | $119290.16    | 0.20%             | 2029-12-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| UNITED GROUP BV                                | United Group BV                                                              | CUSIP: 000000000<br>LEI: 213800PC85O8BJ7DU398 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $111996.38    | 0.19%             | 2028-02-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| SAIPEM FINANCE INTL BV                         | Saipem Finance International BV                                              | CUSIP: 000000000<br>LEI: 724500V4QZAOY63SY989 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $121234.77    | 0.21%             | 2030-05-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| IHO VERWALTUNGS GMBH                           | IHO Verwaltungs GmbH                                                         | CUSIP: 000000000<br>LEI: 529900JL0HDVGZMUJF32 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $122146.58    | 0.21%             | 2031-11-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CROWN EURO HOLDINGS SA                         | Crown European Holdings SACA                                                 | CUSIP: 000000000<br>LEI: 85OKW2SW05RZFQS1W718 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $119317.89    | 0.20%             | 2029-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SoftBank Group Corp                            | SoftBank Group Corp                                                          | CUSIP: 000000000<br>LEI: 5493003BZYYYCDIO0R13 | Long             | DBT              | CORP              | JP        |    100000 | PA      | $116521.06    | 0.20%             | 2028-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NIDDA HEALTHCARE HOLDING                       | Nidda Healthcare Holding GmbH                                                | CUSIP: 000000000<br>LEI: 549300Q89C4WAO6L0L19 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $117228.59    | 0.20%             | 2030-02-21      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| EIRCOM FINANCE DAC                             | eircom Finance DAC                                                           | CUSIP: 000000000<br>LEI: 254900NA4DUH50UERM85 | Long             | DBT              | CORP              | IE        |    100000 | PA      | $115617.66    | 0.20%             | 2031-04-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PAPREC HOLDING S                               | Paprec Holding SA                                                            | CUSIP: 000000000<br>LEI: 969500ASAFSVN9KVC873 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $114249.28    | 0.19%             | 2028-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BAYER AG                                       | Bayer AG                                                                     | CUSIP: 000000000<br>LEI: 549300J4U55H3WP1XT59 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $118518.56    | 0.20%             | 2054-09-13      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SCIL IV LLC / SCIL USA H                       | SCIL IV LLC / SCIL USA Holdings LLC                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $119706.45    | 0.20%             | 2028-07-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| ARAMARK INTL FINANCE                           | Aramark International Finance Sarl                                           | CUSIP: 000000000<br>LEI: 5493006HLPNGDDC12P30 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $113942.11    | 0.19%             | 2033-04-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| GOODYEAR EUROPE BV                             | Goodyear Europe BV                                                           | CUSIP: 000000000<br>LEI: 529900AJU331P2QORU39 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $112157.52    | 0.19%             | 2028-08-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| LOXAM SAS                                      | Loxam SAS                                                                    | CUSIP: 000000000<br>LEI: 969500BNA2YRNE1R5K91 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $117983.97    | 0.20%             | 2028-05-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA BUYER/ATLANTI                       | California Buyer Ltd / Atlantica Sustainable Infrastructure PLC              | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |    100000 | PA      | $119245.19    | 0.20%             | 2032-02-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Belden Inc                                     | Belden Inc                                                                   | CUSIP: 000000000<br>LEI: 68BKYO1JC791TTJHUE82 | Long             | DBT              | CORP              | US        |    150000 | PA      | $171573.98    | 0.29%             | 2028-03-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| FLOS B&B ITALIA SPA                            | Flos B&b Italia SPA                                                          | CUSIP: 000000000<br>LEI: 815600907387ED411436 | Long             | DBT              | CORP              | IT        |     80000 | PA      | $95998.28     | 0.16%             | 2028-11-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| FORVIA SE                                      | Forvia SE                                                                    | CUSIP: 000000000<br>LEI: 969500F0VMZLK2IULV85 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $113726.42    | 0.19%             | 2028-06-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| TECHEM VERWALTUNGSGESELL                       | Techem Verwaltungsgesellschaft 675 mbH                                       | CUSIP: 000000000<br>LEI: 529900N0M7FQHNAV1A41 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $113644.36    | 0.19%             | 2032-07-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| VF Corp.                                       | VF Corp.                                                                     | CUSIP: 000000000<br>LEI: CWAJJ9DJ5Z7P057HV541 | Long             | DBT              | CORP              | US        |    100000 | PA      | $112726.99    | 0.19%             | 2029-03-07      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA SECURED FIN                       | Virgin Media Secured Finance PLC                                             | CUSIP: 000000000<br>LEI: 213800X3RLP4NOTPY579 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $238075.26    | 0.40%             | 2030-08-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Sentry Holdings Limited                        | SENTRY HOLDINGS LIMITED A SHA                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | RF                | JE        |        25 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| THAMES WATER UTIL FIN                          | Thames Water Utilities Finance PLC                                           | CUSIP: 000000000<br>LEI: 213800ESMPQ4RQ7G8351 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $89854.28     | 0.15%             | 2030-02-25      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| OI EUROPEAN GROUP BV                           | OI European Group BV                                                         | CUSIP: 000000000<br>LEI: 72450053F5WRDY8CDZ66 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $117839.21    | 0.20%             | 2028-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ARDAGH PKG FIN/HLDGS USA                       | Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    100000 | PA      | $113257.71    | 0.19%             | 2026-08-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| CONSTELLIUM SE                                 | Constellium SE                                                               | CUSIP: 000000000<br>LEI: 724500KRJEMC79KAAU28 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $117645.69    | 0.20%             | 2032-08-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SAIPEM FINANCE INTL BV                         | Saipem Finance International BV                                              | CUSIP: 000000000<br>LEI: 724500V4QZAOY63SY989 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $114361.88    | 0.19%             | 2028-03-31      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| FNAC DARTY SA                                  | Fnac Darty SA                                                                | CUSIP: 000000000<br>LEI: 96950091FL62XSLPHO35 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $116643.82    | 0.20%             | 2032-04-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Altice Finco SA                                | Altice Finco SA                                                              | CUSIP: 000000000<br>LEI: 549300IGQP5SEZB5Z419 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $42268.29     | 0.07%             | 2028-01-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| SOFTBANK GROUP CORP                            | SoftBank Group Corp                                                          | CUSIP: 000000000<br>LEI: 5493003BZYYYCDIO0R13 | Long             | DBT              | CORP              | JP        |    150000 | PA      | $174997.44    | 0.30%             | 2029-01-08      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ATLAS LUXCO 4 / ALL UNI                        | Allied Universal Holdco LLC/Allied Universal Finance Corp/Atlas Luxco 4 Sarl | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    200000 | PA      | $225402.21    | 0.38%             | 2028-06-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| TELECOM ITALIA SPA                             | Telecom Italia SpA/Milano                                                    | CUSIP: 000000000<br>LEI: 549300W384M3RI3VXU42 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $114498.43    | 0.19%             | 2027-10-12      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| MUNDYS SPA                                     | Mundys SpA                                                                   | CUSIP: 000000000<br>LEI: 8156008DEC771409C487 | Long             | DBT              | CORP              | IT        |    200000 | PA      | $221904.94    | 0.38%             | 2028-02-12      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS                              | Iliad Holding SASU                                                           | CUSIP: 000000000<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $116128.98    | 0.20%             | 2028-10-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| ZF EUROPE FINANCE BV                           | ZF Europe Finance BV                                                         | CUSIP: 000000000<br>LEI: 549300RI533US2G6G542 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $108226.86    | 0.18%             | 2027-10-23      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| VERISURE HOLDING AB                            | Verisure Holding AB                                                          | CUSIP: 000000000<br>LEI: 549300VQQCWGISM3N408 | Long             | DBT              | CORP              | SE        |    150000 | PA      | $170539.70    | 0.29%             | 2027-02-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| DARLING GLOBAL FINANCE                         | Darling Global Finance BV                                                    | CUSIP: 000000000<br>LEI: 724500R2BQXOR6YG2Y67 | Long             | DBT              | CORP              | NL        |    125000 | PA      | $144378.51    | 0.25%             | 2032-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WHIRLPOOL FINANCE LU                           | Whirlpool Finance Luxembourg Sarl                                            | CUSIP: 000000000<br>LEI: 549300W5K7SGG3H6B058 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $108081.12    | 0.18%             | 2027-11-09      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| VIRIDIEN                                       | Viridien                                                                     | CUSIP: 000000000<br>LEI: 969500FCVQ5SLAAUJV59 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $113965.96    | 0.19%             | 2030-10-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| TRIVIUM PACKAGING FIN                          | Trivium Packaging Finance BV                                                 | CUSIP: 000000000<br>LEI: 724500GMZWW3PVYET548 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $118814.46    | 0.20%             | 2030-07-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| BELLIS ACQUISITION CO PL                       | Bellis Acquisition Co PLC                                                    | CUSIP: 000000000<br>LEI: 259400CYE2267UB4A481 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $115016.47    | 0.20%             | 2031-07-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| MOTION FINCO SARL                              | Motion Finco Sarl                                                            | CUSIP: 000000000<br>LEI: 2549002L1LBQZKA7UN30 | Long             | DBT              | CORP              | LU        |    125000 | PA      | $134621.25    | 0.23%             | 2030-06-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| DEUCE FINCO                                    | Deuce Finco Plc                                                              | CUSIP: 000000000<br>LEI: 9845007DA2BC863E8437 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $131323.71    | 0.22%             | 2027-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TEVA PHARM FNC NL II                           | Teva Pharmaceutical Finance Netherlands II BV                                | CUSIP: 000000000<br>LEI: 549300HSQCIKJAOYIT23 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $129580.31    | 0.22%             | 2029-09-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| ZIGGO BOND CO BV                               | Ziggo Bond Co BV                                                             | CUSIP: 000000000<br>LEI: 213800JYI4P7V5QDOG59 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $98485.29     | 0.17%             | 2030-02-28      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| EMRLD BOR / EMRLD CO-ISS                       | EMRLD Borrower LP / Emerald Co-Issuer Inc                                    | CUSIP: 000000000<br>LEI: 98450099EE3A0ZD5F786 | Long             | DBT              | CORP              | US        |    100000 | PA      | $119676.61    | 0.20%             | 2030-12-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| BELLIS ACQUISITION CO PL                       | Bellis Acquisition Co PLC                                                    | CUSIP: 000000000<br>LEI: 259400CYE2267UB4A481 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $376173.79    | 0.64%             | 2030-05-14      | Fixed         | 8.13%                 | No            |                  2 | On Loan: No      |
| 888 ACQUISITIONS LTD                           | 888 Acquisitions Ltd                                                         | CUSIP: 000000000<br>LEI: 254900RFD0BP3JOPZU89 | Long             | DBT              | CORP              | GI        |    100000 | PA      | $136071.69    | 0.23%             | 2030-05-15      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP                       | Olympus Water US Holding Corp                                                | CUSIP: 000000000<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |    100000 | PA      | $112452.89    | 0.19%             | 2028-10-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                        | MPT Operating Partnership LP / MPT Finance Corp                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              |  | US        |    100000 | PA      | $88316.61     | 0.15%             | 2030-04-24      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| ALTICE FINANCING SA                            | Altice Financing SA                                                          | CUSIP: 000000000<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $176696.32    | 0.30%             | 2028-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LHMC FINCO 2 SARL                              | LHMC Finco 2 Sarl                                                            | CUSIP: 000000000<br>LEI: 254900VNJ7A4DAOPXL60 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $119894.86    | 0.20%             | 2030-05-15      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD PPTY FIN ULC                        | Brookfield Property Finance ULC                                              | CUSIP: 11287PAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |     75000 | PA      | $53490.24     | 0.09%             | 2026-09-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| REXEL SA                                       | Rexel SA                                                                     | CUSIP: 000000000<br>LEI: 969500N6AVPA51648T62 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $119355.62    | 0.20%             | 2030-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| B&M EUROPEAN VALUE RET                         | B&M European Value Retail SA                                                 | CUSIP: 000000000<br>LEI: 213800UK7ZRLY2K1X530 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $133041.58    | 0.23%             | 2031-11-27      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR CO                                | Nissan Motor Co Ltd                                                          | CUSIP: 000000000<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |    100000 | PA      | $111330.05    | 0.19%             | 2028-09-17      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| VIVION INVESTMENTS                             | Vivion Investments Sarl                                                      | CUSIP: 000000000<br>LEI: 529900SJ7X71ESJK9N76 | Long             | DBT              | CORP              | LU        |    101455 | PA      | $113198.59    | 0.19%             | 2029-02-28      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MARKET BIDCO FINCO PLC                         | Market Bidco Finco PLC                                                       | CUSIP: 000000000<br>LEI: 549300UGYX6EBVHRVG53 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $130786.91    | 0.22%             | 2031-01-31      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| ELO SACA                                       | ELO SACA                                                                     | CUSIP: 000000000<br>LEI: 969500ASEC557H5A4F22 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $115041.17    | 0.20%             | 2028-12-08      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| RCI BANQUE SA                                  | RCI Banque SA                                                                | CUSIP: 000000000<br>LEI: 96950001WI712W7PQG45 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $115734.45    | 0.20%             | 2037-03-24      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CROWN EURO HOLDING SACA                        | Crown European Holdings SACA                                                 | CUSIP: 000000000<br>LEI: 85OKW2SW05RZFQS1W718 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $119035.32    | 0.20%             | 2030-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SOFTBANK GROUP CORP                            | SoftBank Group Corp                                                          | CUSIP: 000000000<br>LEI: 5493003BZYYYCDIO0R13 | Long             | DBT              | CORP              | JP        |    100000 | PA      | $118090.83    | 0.20%             | 2033-07-10      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SCHAEFFLER AG                                  | Schaeffler AG                                                                | CUSIP: 000000000<br>LEI: 549300Q7E782X7GC1P43 | Long             | DBT              | CORP              | DE        |     75000 | PA      | $85779.29     | 0.15%             | 2027-03-26      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| ALPHA BANK SA                                  | Alpha Bank SA                                                                | CUSIP: 000000000<br>LEI: 213800DBQIB6VBNU5C64 | Long             | DBT              | CORP              | GR        |    100000 | PA      | $122961.17    | 0.21%             | 2034-09-13      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| INFRASTRUTTURE WIRELESS                        | Infrastrutture Wireless Italiane SpA                                         | CUSIP: 000000000<br>LEI: 81560066183FE361C071 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $109591.19    | 0.19%             | 2028-10-21      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| TEVA PHARM FNC NL II                           | Teva Pharmaceutical Finance Netherlands II BV                                | CUSIP: 000000000<br>LEI: 549300HSQCIKJAOYIT23 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $108550.94    | 0.18%             | 2028-10-15      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| Q-PARK HOLDING I BV                            | Q-Park Holding I BV                                                          | CUSIP: 000000000<br>LEI: 2549003839B7HE3NDP48 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $118380.75    | 0.20%             | 2030-02-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| MAHLE GMBH                                     | Mahle GmbH                                                                   | CUSIP: 000000000<br>LEI: 52990098TR1QJBWIYG58 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $114982.50    | 0.20%             | 2031-05-02      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PARKLAND CORP                                  | Parkland Corp                                                                | CUSIP: 70137WAK4<br>LEI: 549300UY5C6HUV0XLS53 | Long             | DBT              | CORP              | CA        |    125000 | PA      | $90058.75     | 0.15%             | 2026-06-16      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ESSENDI SA                                     | Essendi SA                                                                   | CUSIP: 000000000<br>LEI: 2221000MD2YP7WLTNC52 | Long             | DBT              | CORP              | LU        |    125000 | PA      | $150220.43    | 0.26%             | 2029-10-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| NEOPHARMED GENTILI SPA                         | Neopharmed Gentili SPA                                                       | CUSIP: 000000000<br>LEI: 815600C8FD3DCB866E50 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $119759.75    | 0.20%             | 2030-04-08      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| NGG FINANCE PLC                                | NGG Finance PLC                                                              | CUSIP: 000000000<br>LEI: 549300MLDJ2T68G21W86 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $111662.49    | 0.19%             | 2082-09-05      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| VOLVO CAR AB                                   | Volvo Car AB                                                                 | CUSIP: 000000000<br>LEI: 5299000EAMGGBEYP7J33 | Long             | DBT              | CORP              | SE        |    100000 | PA      | $114167.09    | 0.19%             | 2029-06-10      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| ELO SACA                                       | ELO SACA                                                                     | CUSIP: 000000000<br>LEI: 969500ASEC557H5A4F22 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $234696.87    | 0.40%             | 2028-04-17      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BERTELSMANN SE & CO KGAA                       | Bertelsmann SE & Co KGaA                                                     | CUSIP: 000000000<br>LEI: 5299001BUUGXAREGE533 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $114247.43    | 0.19%             | 2075-04-23      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ZEGONA FINANCE PLC                             | Zegona Finance PLC                                                           | CUSIP: 000000000<br>LEI: 254900B3KC1SS7T2TE92 | Long             | DBT              | CORP              | GB        |    200000 | PA      | $241842.03    | 0.41%             | 2029-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| AIR FRANCE-KLM                                 | Air France-KLM                                                               | CUSIP: 000000000<br>LEI: 969500AQW31GYO8JZD66 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $118255.70    | 0.20%             | 2029-05-23      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| EG GLOBAL FINANCE PLC                          | eG Global Finance PLC                                                        | CUSIP: 000000000<br>LEI: 549300TL8Q5207VYET27 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $126121.60    | 0.21%             | 2028-11-30      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| EDP SA                                         | EDP SA                                                                       | CUSIP: 000000000<br>LEI: 529900CLC3WDMGI9VH80 | Long             | DBT              | CORP              | PT        |    100000 | PA      | $111403.00    | 0.19%             | 2082-03-14      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| THAMES WATER UTIL FIN                          | Thames Water Utilities Finance PLC                                           | CUSIP: 000000000<br>LEI: 213800ESMPQ4RQ7G8351 | Long             | DBT              | CORP              | GB        |    150000 | PA      | $115330.71    | 0.20%             | 2033-01-18      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| PIRAEUS FINANCIAL HLDGS                        | Piraeus Financial Holdings SA                                                | CUSIP: 000000000<br>LEI: M6AD1Y1KW32H8THQ6F76 | Long             | DBT              | CORP              | GR        |    100000 | PA      | $125704.58    | 0.21%             | 2034-04-17      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| TELECOM ITALIA SPA                             | Telecom Italia SpA/Milano                                                    | CUSIP: 000000000<br>LEI: 549300W384M3RI3VXU42 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $107903.24    | 0.18%             | 2029-01-18      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| CONTOURGLOBAL POWER HLDG                       | ContourGlobal Power Holdings SA                                              | CUSIP: 000000000<br>LEI: 549300O5AGIFK0PQ1516 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $116560.19    | 0.20%             | 2030-02-28      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALMAVIVA THE ITALIAN INN                       | Almaviva-The Italian Innovation Co SpA                                       | CUSIP: 000000000<br>LEI: 815600A862DA4DD9E211 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $115575.92    | 0.20%             | 2030-10-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOUCAN FINCO LTD/CAN/US                        | Toucan FinCo Ltd/Toucan FinCo Can Inc/Toucan FinCo US LLC                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    100000 | PA      | $116937.76    | 0.20%             | 2030-05-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| ZIGGO BOND CO BV                               | Ziggo Bond Co BV                                                             | CUSIP: 000000000<br>LEI: 213800JYI4P7V5QDOG59 | Long             | DBT              | CORP              | NL        |    125000 | PA      | $131949.81    | 0.22%             | 2032-11-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| MAHLE GMBH                                     | Mahle GmbH                                                                   | CUSIP: 000000000<br>LEI: 52990098TR1QJBWIYG58 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $107758.76    | 0.18%             | 2028-05-14      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| PUBLIC POWER CORP                              | Public Power Corp SA                                                         | CUSIP: 000000000<br>LEI: 213800T9Y5XCOVRZ4Y57 | Long             | DBT              | CORP              | GR        |    100000 | PA      | $117111.81    | 0.20%             | 2031-10-31      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| ENERGIZER GAMMA ACQ BV                         | Energizer Gamma Acquisition BV                                               | CUSIP: 000000000<br>LEI: 5493002SUYZDHEQ3JN34 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $110644.04    | 0.19%             | 2029-06-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CARNIVAL PLC                                   | Carnival PLC                                                                 | CUSIP: 000000000<br>LEI: 4DR1VPDQMHD3N3QW8W95 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $104118.21    | 0.18%             | 2029-10-28      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| CHEPLAPHARM ARZNEIMITTEL                       | Cheplapharm Arzneimittel GmbH                                                | CUSIP: 000000000<br>LEI: 529900ONXKBELT7EW052 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $116409.65    | 0.20%             | 2031-06-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| TEVA PHARM FNC NL II                           | Teva Pharmaceutical Finance Netherlands II BV                                | CUSIP: 000000000<br>LEI: 549300HSQCIKJAOYIT23 | Long             | DBT              | CORP              | NL        |    150000 | PA      | $172855.36    | 0.29%             | 2027-05-09      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| VOLVO CAR AB                                   | Volvo Car AB                                                                 | CUSIP: 000000000<br>LEI: 5299000EAMGGBEYP7J33 | Long             | DBT              | CORP              | SE        |    100000 | PA      | $116563.43    | 0.20%             | 2030-05-08      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| KAPLA HOLDING SAS                              | Kapla Holding SAS                                                            | CUSIP: 000000000<br>LEI: 894500PJ28XTH66K4X83 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $115751.84    | 0.20%             | 2031-04-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HLDNG D'INFRA METIERS                          | Holding d'Infrastructures des Metiers de l'Environnement                     | CUSIP: 000000000<br>LEI: 969500I3QVK40XEORU25 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $118772.05    | 0.20%             | 2029-10-24      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| VALEO SE                                       | Valeo SE                                                                     | CUSIP: 000000000<br>LEI: 5493006IH2N2WMIBB742 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $114430.28    | 0.19%             | 2030-04-11      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SHIFT4 PAYMENTS LLC/FIN                        | Shift4 Payments LLC / Shift4 Payments Finance Sub Inc                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $118584.40    | 0.20%             | 2033-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MILLER HOMES GROUP FIN                         | Miller Homes Group Finco PLC                                                 | CUSIP: 000000000<br>LEI: 98450057058CDE2E9650 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $132510.26    | 0.23%             | 2029-05-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FIBERCOP SPA                                   | Fibercop SpA                                                                 | CUSIP: 000000000<br>LEI: 8156007022402E114A31 | Long             | DBT              | CORP              | IT        |    176000 | PA      | $215432.94    | 0.37%             | 2028-02-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| ALTICE FINANCING SA                            | Altice Financing SA                                                          | CUSIP: 000000000<br>LEI: 549300DIYGW8HVDF7Q17 | Long             | DBT              | CORP              | LU        |    200000 | PA      | $175951.28    | 0.30%             | 2029-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BAYER AG                                       | Bayer AG                                                                     | CUSIP: 000000000<br>LEI: 549300J4U55H3WP1XT59 | Long             | DBT              | CORP              | DE        |    200000 | PA      | $248687.40    | 0.42%             | 2083-09-25      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ORSTED A/S                                     | Orsted AS                                                                    | CUSIP: 000000000<br>LEI: W9NG6WMZIYEU8VEDOG48 | Long             | DBT              | CORP              | DK        |    100000 | PA      | $94167.98     | 0.16%             | 2099-12-31      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| INFRASTRUTTURE WIRELESS                        | Infrastrutture Wireless Italiane SpA                                         | CUSIP: 000000000<br>LEI: 81560066183FE361C071 | Long             | DBT              | CORP              | IT        |    150000 | PA      | $170080.16    | 0.29%             | 2026-07-08      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| CIRSA FINANCE INTER                            | Cirsa Finance International Sarl                                             | CUSIP: 000000000<br>LEI: 254900KUJN6DHWH2K029 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $118671.55    | 0.20%             | 2028-07-31      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| RENAULT SA                                     | Renault SA                                                                   | CUSIP: 000000000<br>LEI: 969500F7JLTX36OUI695 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $109895.77    | 0.19%             | 2027-10-04      | Fixed         | 1.13%                 | No            |                  2 | On Loan: No      |
| BAYER AG                                       | Bayer AG                                                                     | CUSIP: 000000000<br>LEI: 549300J4U55H3WP1XT59 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $116323.76    | 0.20%             | 2082-03-25      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| EMERIA SASU                                    | Emeria SASU                                                                  | CUSIP: 000000000<br>LEI: 969500SA2FHM81LPJ311 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $97067.21     | 0.16%             | 2028-03-31      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| UNIPOL ASSICURAZIONI SPA                       | Unipol Assicurazioni SpA                                                     | CUSIP: 000000000<br>LEI: 8156005CE5E7340CCA86 | Long             | DBT              | CORP              | IT        |    200000 | PA      | $240474.99    | 0.41%             | 2034-05-23      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| INEOS QUATTRO FINANCE 2                        | INEOS Quattro Finance 2 Plc                                                  | CUSIP: 000000000<br>LEI: 213800V48W4Y5MT5Q131 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $115357.69    | 0.20%             | 2029-03-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| ERAMET                                         | Eramet SA                                                                    | CUSIP: 000000000<br>LEI: 549300LUH78PG2MP6N64 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $115691.33    | 0.20%             | 2029-11-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| THAMES WATER UTIL FIN                          | Thames Water Utilities Finance PLC                                           | CUSIP: 000000000<br>LEI: 213800ESMPQ4RQ7G8351 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $78489.94     | 0.13%             | 2029-04-18      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TEAMSYSTEM SPA                                 | TeamSystem SpA                                                               | CUSIP: 000000000<br>LEI: 81560062081DF3AB7A90 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $115197.47    | 0.20%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEREOS FINANCE GROUPE I                        | Tereos Finance Groupe I SA                                                   | CUSIP: 000000000<br>LEI: 969500183Z46A3QF8W69 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $112035.56    | 0.19%             | 2031-04-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FORVIA SE                                      | Forvia SE                                                                    | CUSIP: 000000000<br>LEI: 969500F0VMZLK2IULV85 | Long             | DBT              | CORP              | FR        |    225000 | PA      | $254528.85    | 0.43%             | 2027-02-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| CAIXA ECO MONTEPIO GERAL                       | Caixa Economica Montepio Geral Caixa Economica Bancaria SA                   | CUSIP: 000000000<br>LEI: 2138004FIUXU3B2MR537 | Long             | DBT              | CORP              | PT        |    100000 | PA      | $128520.64    | 0.22%             | 2034-06-12      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| MEDIOBANCA DI CRED FIN                         | Mediobanca Banca di Credito Finanziario SpA                                  | CUSIP: 000000000<br>LEI: PSNL19R2RXX5U3QWHI44 | Long             | DBT              | CORP              | IT        |     50000 | PA      | $57391.67     | 0.10%             | 2026-06-16      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| EUTELSAT SA                                    | Eutelsat SA                                                                  | CUSIP: 000000000<br>LEI: 549300MCOOY1V7P2PG30 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $104797.67    | 0.18%             | 2028-10-13      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| FIBERCOP SPA                                   | Fibercop SpA                                                                 | CUSIP: 000000000<br>LEI: 8156007022402E114A31 | Long             | DBT              | CORP              | IT        |    147000 | PA      | $186121.19    | 0.32%             | 2028-07-31      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| CERVED INFORMATION SOLUT                       | Cerved Group SpA                                                             | CUSIP: 000000000<br>LEI: 8156005E0EF91772E207 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $107289.29    | 0.18%             | 2029-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| WHIRLPOOL EMEA FIN SARL                        | Whirlpool EMEA Finance Sarl                                                  | CUSIP: 96332XAA2<br>LEI: 549300KCJ74PW78SNI52 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $105848.69    | 0.18%             | 2028-02-20      | Fixed         | 0.50%                 | No            |                  2 | On Loan: No      |
| BALL CORP                                      | Ball Corp                                                                    | CUSIP: 000000000<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |    200000 | PA      | $232319.96    | 0.39%             | 2032-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SES SA                                         | SES SA                                                                       | CUSIP: 000000000<br>LEI: 5493008JPA4HYMH1HX51 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $111409.05    | 0.19%             | 2054-09-12      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FIBERCOP SPA                                   | Fibercop SpA                                                                 | CUSIP: 000000000<br>LEI: 8156007022402E114A31 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $106358.27    | 0.18%             | 2029-01-18      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| BALL CORP                                      | Ball Corp                                                                    | CUSIP: 000000000<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |    100000 | PA      | $111877.83    | 0.19%             | 2027-03-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| EUROBANK ERG SVCS HLDGS                        | Eurobank Ergasias Services and Holdings SA                                   | CUSIP: 000000000<br>LEI: JEUVK5RWVJEN8W0C9M24 | Long             | DBT              | CORP              | GR        |    100000 | PA      | $114989.26    | 0.20%             | 2035-04-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| ZF FINANCE GMBH                                | ZF Finance GmbH                                                              | CUSIP: 000000000<br>LEI: 5493001N9T6QDCCXB426 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $109082.67    | 0.19%             | 2027-05-06      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| HLDNG D'INFRA METIERS                          | Holding d'Infrastructures des Metiers de l'Environnement                     | CUSIP: 000000000<br>LEI: 969500I3QVK40XEORU25 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $104809.25    | 0.18%             | 2028-09-16      | Fixed         | 0.63%                 | No            |                  2 | On Loan: No      |
| ESSENDI SA                                     | Essendi SA                                                                   | CUSIP: 000000000<br>LEI: 2221000MD2YP7WLTNC52 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $117554.59    | 0.20%             | 2030-05-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ARD FINANCE SA                                 | ARD Finance SA                                                               | CUSIP: 000000000<br>LEI: 6354006P6QPGGPVJW880 | Long             | DBT              | CORP              | LU        |    132291 | PA      | $5144.30      | 0.01%             | 2027-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DUFRY ONE BV                                   | Dufry One BV                                                                 | CUSIP: 000000000<br>LEI: 7245003K5MN9U7XW0808 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $113901.21    | 0.19%             | 2028-04-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| IMA INDUSTRIA MACCHINE                         | IMA Industria Macchine Automatiche SpA                                       | CUSIP: 000000000<br>LEI: 815600D86992FDA7B908 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $113409.03    | 0.19%             | 2028-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BPER BANCA                                     | BPER Banca SPA                                                               | CUSIP: 000000000<br>LEI: N747OI7JINV7RUUH6190 | Long             | DBT              | CORP              | IT        |    150000 | PA      | $185459.98    | 0.32%             | 2029-09-11      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BANCA IFIS SPA                                 | Banca IFIS SpA                                                               | CUSIP: 000000000<br>LEI: 8156005420362AE59184 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $119230.79    | 0.20%             | 2027-01-19      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| SCHAEFFLER AG                                  | SCHAEFFLER AG                                                                | CUSIP: 000000000<br>LEI: 549300Q7E782X7GC1P43 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $117700.88    | 0.20%             | 2031-04-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SOUTHERN PACIFIC RESOURC                       | Southern Pacific Resource Corp                                               | CUSIP: 84359YAD8<br>LEI: 549300GBU2CBAJOD1J79 | Long             | DBT              | CORP              | CA        |     50000 | PA      | $0.01         | 0.00%             | 2018-01-25      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| AVANTOR FUNDING INC                            | Avantor Funding Inc                                                          | CUSIP: 000000000<br>LEI: 5493003VM0XB4U8YD238 | Long             | DBT              | CORP              | US        |    100000 | PA      | $113868.32    | 0.19%             | 2028-07-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| GRUENENTHAL GMBH                               | Gruenenthal GmbH                                                             | CUSIP: 000000000<br>LEI: 529900SH895E31PGLA72 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $116029.89    | 0.20%             | 2031-11-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| THAMES WATER UTIL FIN                          | Thames Water Utilities Finance PLC                                           | CUSIP: 000000000<br>LEI: 213800ESMPQ4RQ7G8351 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $86964.79     | 0.15%             | 2034-01-24      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| BAYER AG                                       | Bayer AG                                                                     | CUSIP: 000000000<br>LEI: 549300J4U55H3WP1XT59 | Long             | DBT              | CORP              | DE        |    200000 | PA      | $244340.58    | 0.42%             | 2083-09-25      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                             | Vodafone Group PLC                                                           | CUSIP: 000000000<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $144445.06    | 0.25%             | 2086-08-30      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| IHO VERWALTUNGS GMBH                           | IHO Verwaltungs GmbH                                                         | CUSIP: 000000000<br>LEI: 529900JL0HDVGZMUJF32 | Long             | DBT              | CORP              | DE        |    200000 | PA      | $239651.89    | 0.41%             | 2029-11-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| JERROLD FINCO PLC                              | Jerrold Finco PLC                                                            | CUSIP: 000000000<br>LEI: 213800F7AYNHLL1BPR31 | Long             | DBT              | CORP              | GB        |    150000 | PA      | $204411.14    | 0.35%             | 2030-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| BERTRAND FRANCHISE                             | Bertrand Franchise Finance SAS                                               | CUSIP: 000000000<br>LEI: 969500HGPPEHSTNJFW57 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $114229.06    | 0.19%             | 2030-07-18      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR CO                                | Nissan Motor Co Ltd                                                          | CUSIP: 000000000<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |    100000 | PA      | $115579.94    | 0.20%             | 2029-07-17      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CIDRON AIDA FINCO SARL                         | Cidron Aida Finco Sarl                                                       | CUSIP: 000000000<br>LEI: 98450036A07991DEBF10 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $135817.62    | 0.23%             | 2031-10-27      | Fixed         | 9.13%                 | No            |                  2 | On Loan: No      |
| TECHEM VERWALTUNGSGESELL                       | Techem Verwaltungsgesellschaft 675 mbH                                       | CUSIP: 000000000<br>LEI: 529900N0M7FQHNAV1A41 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $118267.81    | 0.20%             | 2029-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| INEOS FINANCE PLC                              | INEOS Finance PLC                                                            | CUSIP: 000000000<br>LEI: 2138002D68XDR4LZCG32 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $108805.06    | 0.18%             | 2030-08-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| CURRENTA GROUP HOLDINGS                        | Currenta Group Holdings Sarl                                                 | CUSIP: 000000000<br>LEI: 222100SF79KCJKYUPE47 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $117032.07    | 0.20%             | 2030-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SOFTBANK GROUP CORP                            | SoftBank Group Corp                                                          | CUSIP: 000000000<br>LEI: 5493003BZYYYCDIO0R13 | Long             | DBT              | CORP              | JP        |    100000 | PA      | $105609.85    | 0.18%             | 2032-07-06      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| CROWN EURO HOLDINGS SA                         | Crown European Holdings SACA                                                 | CUSIP: 000000000<br>LEI: 85OKW2SW05RZFQS1W718 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $120494.64    | 0.20%             | 2028-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VZ VENDOR FINANCING                            | VZ Vendor Financing II BV                                                    | CUSIP: 000000000<br>LEI: 724500DRKUUR3GFOSK76 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $208307.29    | 0.35%             | 2029-01-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                       | Celanese US Holdings LLC                                                     | CUSIP: 000000000<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    100000 | PA      | $112015.95    | 0.19%             | 2027-03-01      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK FINAN                               | Vmed O2 UK Financing I PLC                                                   | CUSIP: 000000000<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $119708.18    | 0.20%             | 2031-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NIDDA HEALTHCARE HOLDING                       | Nidda Healthcare Holding GmbH                                                | CUSIP: 000000000<br>LEI: 549300Q89C4WAO6L0L19 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $116390.71    | 0.20%             | 2030-10-23      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA FINANCE PLC                       | Virgin Media Finance PLC                                                     | CUSIP: 000000000<br>LEI: 2138001LVYC87DDHT482 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $110600.10    | 0.19%             | 2030-07-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| VOLVO CAR AB                                   | Volvo Car AB                                                                 | CUSIP: 000000000<br>LEI: 5299000EAMGGBEYP7J33 | Long             | DBT              | CORP              | SE        |    100000 | PA      | $112575.66    | 0.19%             | 2027-10-07      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| BANCA MONTE DEI PASCHI S                       | Banca Monte dei Paschi di Siena SpA                                          | CUSIP: 000000000<br>LEI: J4CP7MHCXR8DAQMKIL78 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $119047.90    | 0.20%             | 2027-09-05      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| SES SA                                         | SES SA                                                                       | CUSIP: 000000000<br>LEI: 5493008JPA4HYMH1HX51 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $112669.51    | 0.19%             | 2054-09-12      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SUNRISE FINCO I BV                             | Sunrise FinCo I BV                                                           | CUSIP: 000000000<br>LEI: 213800MNFBDEQRS6HZ22 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $230462.36    | 0.39%             | 2032-05-15      | Fixed         | 4.63%                 | 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        |     20000 | NS      | $20000.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ILIAD SA                                       | iliad SA                                                                     | CUSIP: 000000000<br>LEI: 969500FZ9BTRZS3JNB97 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $122827.70    | 0.21%             | 2031-05-02      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SCHAEFFLER AG                                  | Schaeffler AG                                                                | CUSIP: 000000000<br>LEI: 549300Q7E782X7GC1P43 | Long             | DBT              | CORP              | DE        |    200000 | PA      | $227697.21    | 0.39%             | 2028-10-12      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| EUTELSAT SA                                    | Eutelsat SA                                                                  | CUSIP: 000000000<br>LEI: 549300MCOOY1V7P2PG30 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $221436.63    | 0.38%             | 2027-07-13      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| ARDAGH PKG FIN/HLDGS USA                       | Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    100000 | PA      | $113205.26    | 0.19%             | 2026-08-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| BANCA MONTE DEI PASCHI S                       | Banca Monte dei Paschi di Siena SpA                                          | CUSIP: 000000000<br>LEI: J4CP7MHCXR8DAQMKIL78 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $143302.83    | 0.24%             | 2029-07-23      | Fixed         | 10.50%                | No            |                  2 | On Loan: No      |
| OI EUROPEAN GROUP BV                           | OI European Group BV                                                         | CUSIP: 000000000<br>LEI: 72450053F5WRDY8CDZ66 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $118049.07    | 0.20%             | 2029-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHROME HOLDCO                                  | Chrome Holdco SAS                                                            | CUSIP: 000000000<br>LEI: 9845000E49865VT3N679 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $14068.14     | 0.02%             | 2029-05-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRGIN MEDIA VENDOR FIN                        | Virgin Media Vendor Financing Notes III DAC                                  | CUSIP: 000000000<br>LEI: 635400SSKC2QCGEPIQ43 | Long             | DBT              | CORP              | IE        |    100000 | PA      | $127195.84    | 0.22%             | 2028-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| WEBUILD SPA                                    | Webuild SpA                                                                  | CUSIP: 000000000<br>LEI: 549300UKR289DF4UXQ47 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $119195.23    | 0.20%             | 2030-04-30      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| VALEO SE                                       | Valeo SE                                                                     | CUSIP: 000000000<br>LEI: 5493006IH2N2WMIBB742 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $118216.64    | 0.20%             | 2027-05-28      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ASSEMBLIN CAVERION GROUP                       | Assemblin Caverion Group AB                                                  | CUSIP: 000000000<br>LEI: 636700ULD38LN63RC248 | Long             | DBT              | CORP              | SE        |    100000 | PA      | $119361.57    | 0.20%             | 2030-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TEVA PHARM FNC NL II                           | Teva Pharmaceutical Finance Netherlands II BV                                | CUSIP: 000000000<br>LEI: 549300HSQCIKJAOYIT23 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $224046.62    | 0.38%             | 2027-03-31      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| GRIFOLS SA                                     | Grifols SA                                                                   | CUSIP: 000000000<br>LEI: 959800HSSNXWRKBK4N60 | Long             | DBT              | CORP              | ES        |    100000 | PA      | $112467.30    | 0.19%             | 2027-11-15      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| ZIGGO BV                                       | Ziggo BV                                                                     | CUSIP: 000000000<br>LEI: 213800TQASLF9JXH5J59 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $107423.05    | 0.18%             | 2030-01-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Q-PARK HOLDING I BV                            | Q-Park Holding I BV                                                          | CUSIP: 000000000<br>LEI: 2549003839B7HE3NDP48 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $118134.99    | 0.20%             | 2029-03-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| METRO AG                                       | METRO AG                                                                     | CUSIP: 000000000<br>LEI: 5299006EQ03K3SSUYS12 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $117252.72    | 0.20%             | 2029-03-07      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| MATTERHORN TELECOM SA                          | Matterhorn Telecom SA                                                        | CUSIP: 000000000<br>LEI: 549300MTB0YI26SMUT22 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $117749.12    | 0.20%             | 2030-01-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| UNIPOL ASSICURAZIONI SPA                       | Unipol Assicurazioni SpA                                                     | CUSIP: 000000000<br>LEI: 815600E31C4E7006AB54 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $116781.36    | 0.20%             | 2028-03-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| BOELS TOPHOLDING BV                            | Boels Topholding BV                                                          | CUSIP: 000000000<br>LEI: 724500V913SEHSEW2O75 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $118874.67    | 0.20%             | 2030-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| VALEO SE                                       | Valeo SE                                                                     | CUSIP: 000000000<br>LEI: 5493006IH2N2WMIBB742 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $211599.13    | 0.36%             | 2028-08-03      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| ESSENDI SA                                     | Essendi SA                                                                   | CUSIP: 000000000<br>LEI: 2221000MD2YP7WLTNC52 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $117359.99    | 0.20%             | 2031-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MUNDYS SPA                                     | Mundys SpA                                                                   | CUSIP: 000000000<br>LEI: 8156008DEC771409C487 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $119656.43    | 0.20%             | 2029-01-24      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| EUROBANK ERG SVCS HLDGS                        | Eurobank Ergasias Services and Holdings SA                                   | CUSIP: 000000000<br>LEI: JEUVK5RWVJEN8W0C9M24 | Long             | DBT              | CORP              | GR        |    100000 | PA      | $130844.29    | 0.22%             | 2032-12-06      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| FEDRIGONI SPA                                  | Fedrigoni SpA                                                                | CUSIP: 000000000<br>LEI: 8156004CE82074779D19 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $110334.76    | 0.19%             | 2031-06-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| PINNACLE BIDCO PLC                             | Pinnacle Bidco PLC                                                           | CUSIP: 000000000<br>LEI: 2138006Z5V8OBL2A2Q06 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $119738.77    | 0.20%             | 2028-10-11      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| ORSTED A/S                                     | Orsted AS                                                                    | CUSIP: 000000000<br>LEI: W9NG6WMZIYEU8VEDOG48 | Long             | DBT              | CORP              | DK        |    150000 | PA      | $174517.99    | 0.30%             | 2099-12-31      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| VMED O2 UK FINANCING I                         | Vmed O2 UK Financing I PLC                                                   | CUSIP: 000000000<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $117523.92    | 0.20%             | 2032-04-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| ZF FINANCE GMBH                                | ZF Finance GmbH                                                              | CUSIP: 000000000<br>LEI: 5493001N9T6QDCCXB426 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $110205.42    | 0.19%             | 2027-05-25      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                       | Celanese US Holdings LLC                                                     | CUSIP: 000000000<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    125000 | PA      | $149881.66    | 0.25%             | 2029-01-19      | Fixed         | 5.59%                 | No            |                  2 | On Loan: No      |
| JAGUAR LAND ROVER AUTOMO                       | Jaguar Land Rover Automotive PLC                                             | CUSIP: 000000000<br>LEI: 529900L73GEWN1O5NH84 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $115420.38    | 0.20%             | 2028-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BANCA IFIS SPA                                 | Banca IFIS SpA                                                               | CUSIP: 000000000<br>LEI: 8156005420362AE59184 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $121645.04    | 0.21%             | 2029-02-27      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEXANS SA                                      | Nexans SA                                                                    | CUSIP: 000000000<br>LEI: 96950015FU78G84UIV14 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $118129.37    | 0.20%             | 2030-03-11      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CIDRON AIDA FINCO SARL                         | Cidron Aida Finco Sarl                                                       | CUSIP: 000000000<br>LEI: 98450036A07991DEBF10 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $117530.19    | 0.20%             | 2031-10-27      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| METRO AG                                       | METRO AG                                                                     | CUSIP: 000000000<br>LEI: 5299006EQ03K3SSUYS12 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $117813.66    | 0.20%             | 2030-03-05      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DANA FINANCING LUX SARL                        | Dana Financing Luxembourg Sarl                                               | CUSIP: 000000000<br>LEI: 222100DKCE3D036DQU13 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $123433.10    | 0.21%             | 2031-07-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| FLORA FOOD MANAGEMENT BV                       | Flora Food Management BV                                                     | CUSIP: 000000000<br>LEI: 2549002VGA888UKFKS25 | Long             | DBT              | CORP              | NL        |    200000 | PA      | $230013.09    | 0.39%             | 2029-07-02      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                             | Vodafone Group PLC                                                           | CUSIP: 000000000<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    150000 | PA      | $164875.76    | 0.28%             | 2080-08-27      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ORSTED A/S                                     | Orsted AS                                                                    | CUSIP: 000000000<br>LEI: W9NG6WMZIYEU8VEDOG48 | Long             | DBT              | CORP              | DK        |    100000 | PA      | $108244.50    | 0.18%             | 2099-12-31      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| CLARIOS GLOBAL LP/US FIN                       | Clarios Global LP / Clarios US Finance Co                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    125000 | PA      | $143889.62    | 0.24%             | 2031-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| APCOA HOLDINGS GMBH                            | APCOA Group GmbH/Germany                                                     | CUSIP: 000000000<br>LEI: 529900H8FIYAOV5FUW68 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $115841.28    | 0.20%             | 2031-04-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| LOARRE INVESTMENTS SARL                        | Loarre Investments Sarl                                                      | CUSIP: 000000000<br>LEI: 549300VE6QY38GTUE732 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $117837.47    | 0.20%             | 2029-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FORVIA SE                                      | Forvia SE                                                                    | CUSIP: 000000000<br>LEI: 969500F0VMZLK2IULV85 | Long             | DBT              | CORP              | FR        |    125000 | PA      | $145773.61    | 0.25%             | 2030-06-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| IQVIA INC                                      | IQVIA Inc                                                                    | CUSIP: 000000000<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |    100000 | PA      | $112795.78    | 0.19%             | 2028-06-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| NATIONAL BANK GREECE SA                        | National Bank of Greece SA                                                   | CUSIP: 000000000<br>LEI: 5UMCZOEYKCVFAW8ZLO05 | Long             | DBT              | CORP              | GR        |    100000 | PA      | $123926.06    | 0.21%             | 2035-06-28      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| CIRSA FINANCE INTER                            | Cirsa Finance International Sarl                                             | CUSIP: 000000000<br>LEI: 254900KUJN6DHWH2K029 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $114026.94    | 0.19%             | 2027-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| AZELIS FINANCE NV                              | Azelis Finance NV                                                            | CUSIP: 000000000<br>LEI: 699400J0P7A5VXKGK641 | Long             | DBT              | CORP              | BE        |    100000 | PA      | $118066.01    | 0.20%             | 2029-09-25      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| TEAMSYSTEM SPA                                 | TeamSystem SpA                                                               | CUSIP: 000000000<br>LEI: 81560062081DF3AB7A90 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $113152.34    | 0.19%             | 2028-02-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| CHEPLAPHARM ARZNEIMITTEL                       | Cheplapharm Arzneimittel GmbH                                                | CUSIP: 000000000<br>LEI: 529900ONXKBELT7EW052 | Long             | DBT              | CORP              | DE        |    150000 | PA      | $169670.15    | 0.29%             | 2028-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| AZELIS FINANCE NV                              | Azelis Finance NV                                                            | CUSIP: 000000000<br>LEI: 699400J0P7A5VXKGK641 | Long             | DBT              | CORP              | BE        |    100000 | PA      | $117387.16    | 0.20%             | 2028-03-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| DUFRY ONE BV                                   | Dufry One BV                                                                 | CUSIP: 000000000<br>LEI: 7245003K5MN9U7XW0808 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $117475.83    | 0.20%             | 2031-04-18      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ALTICE FRANCE SA                               | Altice France SA                                                             | CUSIP: 000000000<br>LEI: 5493001ZMCICV4N02J21 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $99964.98     | 0.17%             | 2029-10-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| STANDARD INDUSTRI INC/NY                       | Standard Industries Inc/NY                                                   | CUSIP: 000000000<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |    100000 | PA      | $112962.84    | 0.19%             | 2026-11-21      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| BRITISH TELECOMMUNICATIO                       | British Telecommunications PLC                                               | CUSIP: 000000000<br>LEI: 549300OWFMSO9NYV4H90 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $119450.66    | 0.20%             | 2054-10-03      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| OPAL BIDCO SAS                                 | OPAL BIDCO SAS                                                               | CUSIP: 000000000<br>LEI: 969500R96XT7XY2UJ564 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $234327.71    | 0.40%             | 2032-03-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| VZ SECURED FINANCING BV                        | VZ Secured Financing BV                                                      | CUSIP: 000000000<br>LEI: 549300MG611MYCOWY949 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $105846.72    | 0.18%             | 2032-01-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| VERISURE MIDHOLDING AB                         | Verisure Midholding AB                                                       | CUSIP: 000000000<br>LEI: 549300496LYEZ55X1M49 | Long             | DBT              | CORP              | SE        |    150000 | PA      | $172207.51    | 0.29%             | 2029-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| IPD 3 BV                                       | IPD 3 BV                                                                     | CUSIP: 000000000<br>LEI: 724500RBP2J59JMQB629 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $115804.86    | 0.20%             | 2031-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NATIONAL BANK GREECE SA                        | National Bank of Greece SA                                                   | CUSIP: 000000000<br>LEI: 5UMCZOEYKCVFAW8ZLO05 | Long             | DBT              | CORP              | GR        |    100000 | PA      | $128551.69    | 0.22%             | 2034-01-03      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| SNF GROUP SACA                                 | SNF Group SACA                                                               | CUSIP: 000000000<br>LEI: 969500F7036FEDYPRV54 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $117346.21    | 0.20%             | 2032-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BANCO BPM SPA                                  | Banco BPM SpA                                                                | CUSIP: 000000000<br>LEI: 815600E4E6DCD2D25E30 | Long             | DBT              | CORP              | IT        |    200000 | PA      | $232942.32    | 0.40%             | 2036-11-26      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TK ELEVATOR MIDCO GMBH                         | TK Elevator Midco GmbH                                                       | CUSIP: 000000000<br>LEI: 254900K869UN2ZWVB351 | Long             | DBT              | CORP              | DE        |    200000 | PA      | $228151.36    | 0.39%             | 2027-07-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| MPT OPER PARTNERSP/FINL                        | MPT Operating Partnership LP / MPT Finance Corp                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              |  | US        |    100000 | PA      | $106490.31    | 0.18%             | 2026-10-15      | Fixed         | 0.99%                 | No            |                  2 | On Loan: No      |
| BAYER AG                                       | Bayer AG                                                                     | CUSIP: 000000000<br>LEI: 549300J4U55H3WP1XT59 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $112093.35    | 0.19%             | 2079-11-12      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| BUBBLES BIDCO SPA                              | Bubbles Bidco SPA                                                            | CUSIP: 000000000<br>LEI: 815600073942740CEB24 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $117306.05    | 0.20%             | 2031-09-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| REXEL SA                                       | Rexel SA                                                                     | CUSIP: 000000000<br>LEI: 969500N6AVPA51648T62 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $110275.42    | 0.19%             | 2028-12-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| INFRASTRUTTURE WIRELESS                        | Infrastrutture Wireless Italiane SpA                                         | CUSIP: 000000000<br>LEI: 81560066183FE361C071 | Long             | DBT              | CORP              | IT        |    125000 | PA      | $145104.17    | 0.25%             | 2030-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| BRITISH TELECOMMUNICATIO                       | British Telecommunications PLC                                               | CUSIP: 000000000<br>LEI: 549300OWFMSO9NYV4H90 | Long             | DBT              | CORP              | GB        |    125000 | PA      | $177847.63    | 0.30%             | 2083-12-20      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| LOTTOMATICA GROUP SPA                          | Lottomatica Group Spa                                                        | CUSIP: 000000000<br>LEI: 549300R72LKEGT4EX026 | Long             | DBT              | CORP              | IT        |    200000 | PA      | $235642.44    | 0.40%             | 2031-01-31      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| ILIAD HOLDING SAS                              | Iliad Holding SASU                                                           | CUSIP: 000000000<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $117827.10    | 0.20%             | 2030-04-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| FIBERCOP SPA                                   | Fibercop SpA                                                                 | CUSIP: 000000000<br>LEI: 8156007022402E114A31 | Long             | DBT              | CORP              | IT        |    200000 | PA      | $231962.42    | 0.39%             | 2030-06-30      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ILIAD SA                                       | iliad SA                                                                     | CUSIP: 000000000<br>LEI: 969500FZ9BTRZS3JNB97 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $120775.56    | 0.21%             | 2029-02-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| PLT VII FINANCE SARL                           | PLT VII Finance Sarl                                                         | CUSIP: 000000000<br>LEI: 894500SKZV4JDP64R249 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $118458.03    | 0.20%             | 2031-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ILIAD SA                                       | iliad SA                                                                     | CUSIP: 000000000<br>LEI: 969500FZ9BTRZS3JNB97 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $116159.97    | 0.20%             | 2029-12-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                       | Celanese US Holdings LLC                                                     | CUSIP: 000000000<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |    100000 | PA      | $114211.57    | 0.19%             | 2031-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEVA PHARM FNC NL II                           | Teva Pharmaceutical Finance Netherlands II BV                                | CUSIP: 000000000<br>LEI: 549300HSQCIKJAOYIT23 | Long             | DBT              | CORP              | NL        |    300000 | PA      | $350470.79    | 0.60%             | 2030-05-09      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BANCA MONTE DEI PASCHI S                       | Banca Monte dei Paschi di Siena SpA                                          | CUSIP: 000000000<br>LEI: J4CP7MHCXR8DAQMKIL78 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $115659.82    | 0.20%             | 2030-11-27      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| SCHAEFFLER AG                                  | Schaeffler AG                                                                | CUSIP: 000000000<br>LEI: 549300Q7E782X7GC1P43 | Long             | DBT              | CORP              | DE        |    200000 | PA      | $231492.34    | 0.39%             | 2030-03-28      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SOFTBANK GROUP CORP                            | SoftBank Group Corp                                                          | CUSIP: 000000000<br>LEI: 5493003BZYYYCDIO0R13 | Long             | DBT              | CORP              | JP        |    125000 | PA      | $136155.46    | 0.23%             | 2029-07-06      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| LOXAM SAS                                      | Loxam SAS                                                                    | CUSIP: 000000000<br>LEI: 969500BNA2YRNE1R5K91 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $115150.19    | 0.20%             | 2030-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| BRIGHTSTAR LOTTERY PLC                         | Brightstar Lottery PLC                                                       | CUSIP: 000000000<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $111969.37    | 0.19%             | 2028-04-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| TELECOM ITALIA SPA                             | Telecom Italia SpA/Milano                                                    | CUSIP: 000000000<br>LEI: 549300W384M3RI3VXU42 | Long             | DBT              | CORP              | IT        |    224000 | PA      | $276689.88    | 0.47%             | 2028-02-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| DEUTSCHE LUFTHANSA AG                          | Deutsche Lufthansa AG                                                        | CUSIP: 000000000<br>LEI: 529900PH63HYJ86ASW55 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $115861.61    | 0.20%             | 2055-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ORSTED A/S                                     | Orsted AS                                                                    | CUSIP: 000000000<br>LEI: W9NG6WMZIYEU8VEDOG48 | Long             | DBT              | CORP              | DK        |    100000 | PA      | $99097.86     | 0.17%             | 2099-12-31      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| FORVIA SE                                      | Forvia SE                                                                    | CUSIP: 000000000<br>LEI: 969500F0VMZLK2IULV85 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $117192.02    | 0.20%             | 2029-06-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| VERISURE HOLDING AB                            | Verisure Holding AB                                                          | CUSIP: 000000000<br>LEI: 549300VQQCWGISM3N408 | Long             | DBT              | CORP              | SE        |    200000 | PA      | $227716.97    | 0.39%             | 2026-07-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| FIBERCOP SPA                                   | Fibercop SpA                                                                 | CUSIP: 000000000<br>LEI: 8156007022402E114A31 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $115410.08    | 0.20%             | 2032-06-30      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| ALBION FINANCING 1SARL /                       | Albion Financing 1 SARL / Aggreko Holdings Inc                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |    100000 | PA      | $117865.91    | 0.20%             | 2030-05-21      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ODIDO GROUP HOLDING BV                         | Odido Group Holding BV                                                       | CUSIP: 000000000<br>LEI: 724500FOAL1MNGOJKP07 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $115049.29    | 0.20%             | 2030-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DUFRY ONE BV                                   | Dufry One BV                                                                 | CUSIP: 000000000<br>LEI: 7245003K5MN9U7XW0808 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $115351.32    | 0.20%             | 2032-05-23      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ARDAGH METAL PACKAGING                         | Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance PLC  | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |    100000 | PA      | $102831.30    | 0.17%             | 2029-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| AVIS BUDGET FINANCE PLC                        | Avis Budget Finance Plc                                                      | CUSIP: 000000000<br>LEI: 549300W3BJJPGKCIOI13 | Long             | DBT              | CORP              | JE        |    100000 | PA      | $116731.80    | 0.20%             | 2030-07-31      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| PRIMO / TRITON WATER HLD                       | Primo Water Holdings Inc / Triton Water Holdings Inc                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $113726.64    | 0.19%             | 2028-10-31      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| SHERWOOD FINANCING PLC                         | Sherwood Financing PLC                                                       | CUSIP: 000000000<br>LEI: 259400SSZWSSPNYW7K08 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $116009.99    | 0.20%             | 2029-12-15      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| VODAFONE GROUP PLC                             | Vodafone Group PLC                                                           | CUSIP: 000000000<br>LEI: 213800TB53ELEUKM7Q61 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $125528.44    | 0.21%             | 2084-08-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| VERISURE HOLDING AB                            | Verisure Holding AB                                                          | CUSIP: 000000000<br>LEI: 549300VQQCWGISM3N408 | Long             | DBT              | CORP              | SE        |    150000 | PA      | $178237.70    | 0.30%             | 2030-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MUNDYS SPA                                     | Mundys SpA                                                                   | CUSIP: 000000000<br>LEI: 8156008DEC771409C487 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $119714.69    | 0.20%             | 2030-01-24      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| INEOS FINANCE PLC                              | INEOS Finance PLC                                                            | CUSIP: 000000000<br>LEI: 2138002D68XDR4LZCG32 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $116491.55    | 0.20%             | 2028-05-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| CIRSA FINANCE INTER                            | Cirsa Finance International Sarl                                             | CUSIP: 000000000<br>LEI: 254900KUJN6DHWH2K029 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $119257.44    | 0.20%             | 2029-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ARQIVA BROADC FINANCE PL                       | Arqiva Broadcast Finance PLC                                                 | CUSIP: 000000000<br>LEI: 5493007PMKIGKNYH2S25 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $133799.95    | 0.23%             | 2030-07-01      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| ALLWYN INTERNATIONAL AS                        | Allwyn International AS                                                      | CUSIP: 000000000<br>LEI: 315700SR11ZPLAY5LN07 | Long             | DBT              | CORP              | CZ        |    100000 | PA      | $113976.37    | 0.19%             | 2027-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| VOLVO CAR AB                                   | Volvo Car AB                                                                 | CUSIP: 000000000<br>LEI: 5299000EAMGGBEYP7J33 | Long             | DBT              | CORP              | SE        |    100000 | PA      | $117277.62    | 0.20%             | 2028-05-31      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| VALEO SE                                       | Valeo SE                                                                     | CUSIP: 000000000<br>LEI: 5493006IH2N2WMIBB742 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $122072.29    | 0.21%             | 2029-04-12      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| BELRON UK FINANCE PLC                          | Belron UK Finance PLC                                                        | CUSIP: 000000000<br>LEI: 9845006BC9D1A77B8178 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $117530.42    | 0.20%             | 2029-10-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| UNITED GROUP BV                                | United Group BV                                                              | CUSIP: 000000000<br>LEI: 213800PC85O8BJ7DU398 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $116476.03    | 0.20%             | 2031-10-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PICARD BONDCO                                  | Picard Bondco SA                                                             | CUSIP: 000000000<br>LEI: 52990070XME2A28A7N53 | Long             | DBT              | CORP              | LU        |    100000 | PA      | $114116.85    | 0.19%             | 2027-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| GUALA CLOSURES S                               | Guala Closures SpA                                                           | CUSIP: 000000000<br>LEI: 81560014151D1C625F49 | Long             | DBT              | CORP              | IT        |    100000 | PA      | $111846.35    | 0.19%             | 2028-06-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| REXEL SA                                       | Rexel SA                                                                     | CUSIP: 000000000<br>LEI: 969500N6AVPA51648T62 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $110993.14    | 0.19%             | 2028-06-15      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| DEUT PFANDBRIEFBANK AG                         | Deutsche Pfandbriefbank AG                                                   | CUSIP: 000000000<br>LEI: DZZ47B9A52ZJ6LT6VV95 | Long             | DBT              | CORP              | DE        |    100000 | PA      | $115930.28    | 0.20%             | 2035-10-04      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| BANCO BPM SPA                                  | Banco BPM SpA                                                                | CUSIP: 000000000<br>LEI: 815600E4E6DCD2D25E30 | Long             | DBT              | CORP              | IT        |    200000 | PA      | $237698.00    | 0.40%             | 2034-06-18      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEVA PHARM FNC NL II                           | Teva Pharmaceutical Finance Netherlands II BV                                | CUSIP: 000000000<br>LEI: 549300HSQCIKJAOYIT23 | Long             | DBT              | CORP              | NL        |    100000 | PA      | $137446.93    | 0.23%             | 2031-09-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| MEHILAINEN YHTIOT OY                           | Mehilainen Yhtiot Oy                                                         | CUSIP: 000000000<br>LEI: 2138006X78HGYRHS5865 | Long             | DBT              | CORP              | FI        |    125000 | PA      | $143499.66    | 0.24%             | 2032-06-30      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| PICARD GROUPE SAS                              | Picard Groupe SAS                                                            | CUSIP: 000000000<br>LEI: 969500C0PA29TV19CT55 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $119145.31    | 0.20%             | 2029-07-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| FORVIA SE                                      | Forvia SE                                                                    | CUSIP: 000000000<br>LEI: 969500F0VMZLK2IULV85 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $232560.43    | 0.40%             | 2031-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SOFTBANK GROUP CORP                            | SoftBank Group Corp                                                          | CUSIP: 000000000<br>LEI: 5493003BZYYYCDIO0R13 | Long             | DBT              | CORP              | JP        |    100000 | PA      | $112873.20    | 0.19%             | 2027-01-06      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| FORVIA SE                                      | Forvia SE                                                                    | CUSIP: 000000000<br>LEI: 969500F0VMZLK2IULV85 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $107059.39    | 0.18%             | 2029-06-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| MUNDYS SPA                                     | Mundys SpA                                                                   | CUSIP: 000000000<br>LEI: 8156008DEC771409C487 | Long             | DBT              | CORP              | IT        |    175000 | PA      | $196719.50    | 0.33%             | 2027-07-13      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| RCI BANQUE SA                                  | RCI Banque SA                                                                | CUSIP: 000000000<br>LEI: 96950001WI712W7PQG45 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $238100.59    | 0.40%             | 2034-10-09      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ELO SACA                                       | ELO SACA                                                                     | CUSIP: 000000000<br>LEI: 969500ASEC557H5A4F22 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $118838.70    | 0.20%             | 2029-03-22      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| HLDNG D'INFRA METIERS                          | Holding d'Infrastructures des Metiers de l'Environnement                     | CUSIP: 000000000<br>LEI: 969500I3QVK40XEORU25 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $116820.41    | 0.20%             | 2027-04-06      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ELO SACA                                       | ELO SACA                                                                     | CUSIP: 000000000<br>LEI: 969500ASEC557H5A4F22 | Long             | DBT              | CORP              | FR        |    100000 | PA      | $112482.51    | 0.19%             | 2027-07-23      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| HEATHROW FINANCE PLC                           | Heathrow Finance PLC                                                         | CUSIP: 000000000<br>LEI: 549300F740QSGMPHQJ60 | Long             | DBT              | CORP              | GB        |    100000 | PA      | $131830.59    | 0.22%             | 2031-03-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-29

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

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer