# EDGAR Filing Document

**Accession Number:** 0001100663
**File Stem:** 0001752724-25-157744
**Filing Date:** 2025-6
**Character Count:** 71243
**Document Hash:** 3f7ec98f4dd56f4bf2fe3e50e0a7117e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-157744.hdr.sgml**: 20250626

**ACCESSION NUMBER**: 0001752724-25-157744

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250626

**DATE AS OF CHANGE**: 20250626

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** iSHARES TRUST
- **CENTRAL INDEX KEY:** 0001100663

**ORGANIZATION NAME:**
- **EIN:** 943351276
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09729
- **FILM NUMBER:** 251076770

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

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

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

## Series and Classes Contracts Data

### iShares iBonds 2032 Term High Yield and Income ETF (Series ID: S000090635)

| Class ID   | Class Name                                         | Ticker Symbol   |
|:---|:---|:---|
| C000257911 | iShares iBonds 2032 Term High Yield and Income ETF | IBHL            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** San Francisco

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94105

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

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

- **a. Name of Series:** iShares iBonds 2032 Term High Yield and Income ETF

- **b. EDGAR series identifier (if any):** S000090635

- **c. LEI of Series:** 529900TEQJP9K2XTVN19

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

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

- **b. Date as of which information is reported:** 2025-04-30

**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:** $11188152.98

**Total Liabilities:** $3154.52

**Net Assets:** $11184998.46

**Cash Not Reported:** $0.02

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.01000000 | **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:** 0.50000000 | **1-Year:** 0.00000000 | **5-Year:** 4771.42000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000257911 |  | -0.81%               | 0.23%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $0.00                                      |
| Month 2  | $0.00                    | $-111938.62                                |
| Month 3  | $-6465.07                | $-29624.73                                 |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Iron Mountain, Inc.                                      | Iron Mountain, Inc.                                    | CUSIP: 46284VAL5<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | DBT              | CORP              | US        |     50000 | PA      | $48584.45     | 0.43%             | 2032-07-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Community Health Systems, Inc.                           | Community Health Systems, Inc.                         | CUSIP: 12543DBN9<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |    185000 | PA      | $191075.11    | 1.71%             | 2032-01-15      | Fixed         | 10.88%                | No            |                  2 | On Loan: No      |
| Genesis Energy LP                                        | Genesis Energy LP                                      | CUSIP: 37185LAQ5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     59000 | PA      | $57509.34     | 0.51%             | 2032-05-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Sensata Technologies, Inc.                               | Sensata Technologies, Inc.                             | CUSIP: 81728UAC8<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |     40000 | PA      | $39641.84     | 0.35%             | 2032-07-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Hilcorp Energy I LP                                      | Hilcorp Energy I LP                                    | CUSIP: 431318AZ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     46000 | PA      | $40070.85     | 0.36%             | 2032-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Insight Enterprises, Inc.                                | Insight Enterprises, Inc.                              | CUSIP: 45765UAC7<br>LEI: 529900S8991TYW6YP792 | Long             | DBT              | CORP              | US        |     48000 | PA      | $48737.82     | 0.44%             | 2032-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Venture Global LNG, Inc.                                 | Venture Global LNG, Inc.                               | CUSIP: 92332YAD3<br>LEI: 54930011XLBUWMQUC829 | Long             | DBT              | CORP              | US        |    165000 | PA      | $167801.52    | 1.50%             | 2032-02-01      | Fixed         | 9.88%                 | No            |                  2 | On Loan: No      |
| Freedom Mortgage Holdings LLC                            | Freedom Mortgage Holdings LLC                          | CUSIP: 35641AAC2<br>LEI: 254900ROJ91RGM43S156 | Long             | DBT              | CORP              | US        |     54000 | PA      | $52791.21     | 0.47%             | 2032-04-01      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Wrangler Holdco Corp.                                    | Wrangler Holdco Corp.                                  | CUSIP: 37441QAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $41015.84     | 0.37%             | 2032-04-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Alumina Pty. Ltd.                                        | Alumina Pty. Ltd.                                      | CUSIP: 02220AAB3<br>LEI: N/A                  | Long             | DBT              | CORP              | AU        |     40000 | PA      | $38953.79     | 0.35%             | 2032-09-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| New Gold, Inc.                                           | New Gold, Inc.                                         | CUSIP: 644535AJ5<br>LEI: 5493005G0GNCHP0H6L96 | Long             | DBT              | CORP              | CA        |     30000 | PA      | $30660.05     | 0.27%             | 2032-04-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Fortress Transportation and Infrastructure Investors LLC | Fortress Transportation & Infrastructure Investors LLC | CUSIP: 34960PAG6<br>LEI: 529900E7PUVK6BC8PE80 | Long             | DBT              | CORP              | US        |     67000 | PA      | $67861.18     | 0.61%             | 2032-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Six Flags Entertainment Corp.                            | Six Flags Entertainment Corp.                          | CUSIP: 83002YAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     71000 | PA      | $71651.03     | 0.64%             | 2032-05-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| WESCO Distribution, Inc.                                 | WESCO Distribution, Inc.                               | CUSIP: 95081QAR5<br>LEI: 549300I2CEZJG9N4AH67 | Long             | DBT              | CORP              | US        |     71000 | PA      | $72506.87     | 0.65%             | 2032-03-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Brundage-Bone Concrete Pumping Holdings, Inc.            | Brundage-Bone Concrete Pumping Holdings, Inc.          | CUSIP: 66981QAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     36000 | PA      | $35103.91     | 0.31%             | 2032-02-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Post Holdings, Inc.                                      | Post Holdings, Inc.                                    | CUSIP: 737446AU8<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | DBT              | CORP              | US        |     80000 | PA      | $80695.00     | 0.72%             | 2032-02-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Cimpress plc                                             | Cimpress plc                                           | CUSIP: 17186HAH5<br>LEI: 549300X1IFD75XISOR81 | Long             | DBT              | CORP              | IE        |     45000 | PA      | $41048.10     | 0.37%             | 2032-09-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| RHP Hotel Properties LP                                  | RHP Hotel Properties LP                                | CUSIP: 749571AK1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     84000 | PA      | $83779.46     | 0.75%             | 2032-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| IHO Verwaltungs GmbH                                     | IHO Verwaltungs GmbH                                   | CUSIP: 44963BAG3<br>LEI: 529900JL0HDVGZMUJF32 | Long             | DBT              | CORP              | DE        |     40000 | PA      | $38230.22     | 0.34%             | 2032-11-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Magnolia Oil & Gas Operating LLC                         | Magnolia Oil & Gas Operating LLC                       | CUSIP: 559665AB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     38000 | PA      | $36864.24     | 0.33%             | 2032-12-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| XPO, Inc.                                                | XPO, Inc.                                              | CUSIP: 983793AK6<br>LEI: 54930096DB9LCLPN7H13 | Long             | DBT              | CORP              | US        |     50000 | PA      | $51165.75     | 0.46%             | 2032-02-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Constellium SE                                           | Constellium SE                                         | CUSIP: 21039CAD6<br>LEI: 724500KRJEMC79KAAU28 | Long             | DBT              | CORP              | FR        |     30000 | PA      | $29521.59     | 0.26%             | 2032-08-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Block, Inc.                                              | Block, Inc.                                            | CUSIP: 852234AR4<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |    165000 | PA      | $168744.49    | 1.51%             | 2032-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Cinemark USA, Inc.                                       | Cinemark USA, Inc.                                     | CUSIP: 172441BH9<br>LEI: 54930008H2137JSCPQ09 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40915.54     | 0.37%             | 2032-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Quikrete Holdings, Inc.                                  | Quikrete Holdings, Inc.                                | CUSIP: 74843PAA8<br>LEI: 5493007KIN86DIZWZT22 | Long             | DBT              | CORP              | US        |    330000 | PA      | $332215.19    | 2.97%             | 2032-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Sealed Air Corp.                                         | Sealed Air Corp.                                       | CUSIP: 812127AC2<br>LEI: Q0M0CZB4YN6JZ65WXI09 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40715.50     | 0.36%             | 2032-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NRG Energy, Inc.                                         | NRG Energy, Inc.                                       | CUSIP: 629377CS9<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |     46000 | PA      | $41209.50     | 0.37%             | 2032-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Genesee & Wyoming, Inc.                                  | Genesee & Wyoming, Inc.                                | CUSIP: 371559AB1<br>LEI: G617XSG94Z7G0RMW3L02 | Long             | DBT              | CORP              | US        |     57000 | PA      | $57730.90     | 0.52%             | 2032-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Molina Healthcare, Inc.                                  | Molina Healthcare, Inc.                                | CUSIP: 60855RAL4<br>LEI: 549300NQQCEQ46YHZ591 | Long             | DBT              | CORP              | US        |     60000 | PA      | $52837.67     | 0.47%             | 2032-05-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Surgery Center Holdings, Inc.                            | Surgery Center Holdings, Inc.                          | CUSIP: 86881WAF9<br>LEI: 54930054EVI5HWPPW113 | Long             | DBT              | CORP              | US        |     73000 | PA      | $72828.76     | 0.65%             | 2032-04-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| JELD-WEN, Inc.                                           | JELD-WEN, Inc.                                         | CUSIP: 47580PAA1<br>LEI: 549300XWE6NM0N1HFW16 | Long             | DBT              | CORP              | US        |     32000 | PA      | $28119.38     | 0.25%             | 2032-09-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Midcontinent Communications                              | Midcontinent Communications                            | CUSIP: 59565XAD2<br>LEI: 549300ZI9GDQBS28C408 | Long             | DBT              | CORP              | US        |     50000 | PA      | $51039.72     | 0.46%             | 2032-08-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Beacon Roofing Supply, Inc.                              | Beacon Roofing Supply, Inc.                            | CUSIP: 74825NAA5<br>LEI: 549300HDXQWWCBOYXP31 | Long             | DBT              | CORP              | US        |     15000 | PA      | $15039.86     | 0.13%             | 2032-04-30      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Blue Racer Midstream LLC                                 | Blue Racer Midstream LLC                               | CUSIP: 095796AK4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     48000 | PA      | $49218.47     | 0.44%             | 2032-07-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| NGL Energy Operating LLC                                 | NGL Energy Operating LLC                               | CUSIP: 62922LAD0<br>LEI: 5493008CQD36WWZJ3O79 | Long             | DBT              | CORP              | US        |    110000 | PA      | $100209.01    | 0.90%             | 2032-02-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Service Corp. International                              | Service Corp. International                            | CUSIP: 817565CH5<br>LEI: 549300RKVM2ME20JHZ15 | Long             | DBT              | CORP              | US        |     67000 | PA      | $66337.48     | 0.59%             | 2032-10-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| LifePoint Health, Inc.                                   | LifePoint Health, Inc.                                 | CUSIP: 53219LAY5<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |     60000 | PA      | $61187.09     | 0.55%             | 2032-02-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Howard Midstream Energy Partners LLC                     | Howard Midstream Energy Partners LLC                   | CUSIP: 442722AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     57000 | PA      | $58351.34     | 0.52%             | 2032-07-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Phinia, Inc.                                             | Phinia, Inc.                                           | CUSIP: 71880KAB7<br>LEI: 254900HG6MORZE1FFM18 | Long             | DBT              | CORP              | US        |     35000 | PA      | $34343.75     | 0.31%             | 2032-10-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Archrock Partners LP                                     | Archrock Partners LP                                   | CUSIP: 03959KAD2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     65000 | PA      | $64597.04     | 0.58%             | 2032-09-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Cloud Software Group, Inc.                               | Cloud Software Group, Inc.                             | CUSIP: 18912UAC6<br>LEI: 04EEB871XLHVNY4RZJ65 | Long             | DBT              | CORP              | US        |    150000 | PA      | $156559.05    | 1.40%             | 2032-06-30      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Sally Holdings LLC                                       | Sally Holdings LLC                                     | CUSIP: 79546VAQ9<br>LEI: 3GM3SMNQ8UJOJU9DFN26 | Long             | DBT              | CORP              | US        |     56000 | PA      | $56475.59     | 0.50%             | 2032-03-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| AssuredPartners, Inc.                                    | AssuredPartners, Inc.                                  | CUSIP: 04624VAC3<br>LEI: 549300HNDSDQWQ3L2P80 | Long             | DBT              | CORP              | US        |     40000 | PA      | $42553.26     | 0.38%             | 2032-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Patrick Industries, Inc.                                 | Patrick Industries, Inc.                               | CUSIP: 703343AH6<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | DBT              | CORP              | US        |     40000 | PA      | $38892.78     | 0.35%             | 2032-11-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| MPT Operating Partnership LP                             | MPT Operating Partnership LP                           | CUSIP: 55342UAQ7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    125000 | PA      | $127299.69    | 1.14%             | 2032-02-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Commercial Metals Co.                                    | Commercial Metals Co.                                  | CUSIP: 201723AR4<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | DBT              | CORP              | US        |     25000 | PA      | $22703.60     | 0.20%             | 2032-03-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Lightning Power LLC                                      | Lightning Power LLC                                    | CUSIP: 53229KAA7<br>LEI: 254900BWCHJ03XRL8K59 | Long             | DBT              | CORP              | US        |    125000 | PA      | $129606.07    | 1.16%             | 2032-08-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| MGM Resorts International                                | MGM Resorts International                              | CUSIP: 552953CJ8<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |     60000 | PA      | $59133.42     | 0.53%             | 2032-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Hilton Grand Vacations Borrower LLC                      | Hilton Grand Vacations Borrower LLC                    | CUSIP: 43283QAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     75000 | PA      | $73635.17     | 0.66%             | 2032-01-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Antero Midstream Partners LP                             | Antero Midstream Partners LP                           | CUSIP: 03690AAK2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     50000 | PA      | $50497.61     | 0.45%             | 2032-02-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Wilsonart LLC                                            | Wilsonart LLC                                          | CUSIP: 97246JAA6<br>LEI: 549300SAZRUMYKDJBY14 | Long             | DBT              | CORP              | US        |     45000 | PA      | $40951.16     | 0.37%             | 2032-08-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| Builders FirstSource, Inc.                               | Builders FirstSource, Inc.                             | CUSIP: 12008RAR8<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |     59000 | PA      | $59399.36     | 0.53%             | 2032-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CCO Holdings LLC                                         | CCO Holdings LLC                                       | CUSIP: 1248EPCQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    100000 | PA      | $90616.46     | 0.81%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Scotts Miracle-Gro Co. (The)                             | Scotts Miracle-Gro Co. (The)                           | CUSIP: 810186AW6<br>LEI: 2TH9E0JTOUXOEGI2R879 | Long             | DBT              | CORP              | US        |     38000 | PA      | $33240.36     | 0.30%             | 2032-02-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| FMG Resources August 2006 Pty. Ltd.                      | FMG Resources August 2006 Pty. Ltd.                    | CUSIP: 30251GBE6<br>LEI: 549300EFD6S2NFE9D745 | Long             | DBT              | CORP              | AU        |     73000 | PA      | $71966.60     | 0.64%             | 2032-04-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Iron Mountain Information Management Services, Inc.      | Iron Mountain Information Management Services, Inc.    | CUSIP: 46285MAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $56140.20     | 0.50%             | 2032-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Yum! Brands, Inc.                                        | Yum! Brands, Inc.                                      | CUSIP: 988498AP6<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |     92000 | PA      | $86670.01     | 0.77%             | 2032-01-31      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Zebra Technologies Corp.                                 | Zebra Technologies Corp.                               | CUSIP: 989207AD7<br>LEI: PO0I32GKZ3HZMMDPZZ08 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40203.00     | 0.36%             | 2032-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Terex Corp.                                              | Terex Corp.                                            | CUSIP: 880779BB8<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | DBT              | CORP              | US        |     69000 | PA      | $66052.62     | 0.59%             | 2032-10-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Caesars Entertainment, Inc.                              | Caesars Entertainment, Inc.                            | CUSIP: 12769GAC4<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |    125000 | PA      | $125687.88    | 1.12%             | 2032-02-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| LGI Homes, Inc.                                          | LGI Homes, Inc.                                        | CUSIP: 50187TAK2<br>LEI: 549300W02B4WNV8CV109 | Long             | DBT              | CORP              | US        |     37000 | PA      | $34148.53     | 0.31%             | 2032-11-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Vital Energy, Inc.                                       | Vital Energy, Inc.                                     | CUSIP: 516806AK2<br>LEI: 549300X0PTWU2QSLSL14 | Long             | DBT              | CORP              | US        |     80000 | PA      | $61785.13     | 0.55%             | 2032-04-15      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Compass Group Diversified Holdings LLC                   | Compass Group Diversified Holdings LLC                 | CUSIP: 20451RAC6<br>LEI: 549300I6PTUQPX21TE93 | Long             | DBT              | CORP              | US        |     25000 | PA      | $22351.74     | 0.20%             | 2032-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Macy's Retail Holdings LLC                               | Macy's Retail Holdings LLC                             | CUSIP: 55617LAR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     36000 | PA      | $32303.62     | 0.29%             | 2032-03-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Masterbrand, Inc.                                        | Masterbrand, Inc.                                      | CUSIP: 57638PAA2<br>LEI: 549300E0Y4BR5Z9RDZ64 | Long             | DBT              | CORP              | US        |     59000 | PA      | $59134.11     | 0.53%             | 2032-07-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Hilton Domestic Operating Co., Inc.                      | Hilton Domestic Operating Co., Inc.                    | CUSIP: 432833AN1<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |    125000 | PA      | $110658.61    | 0.99%             | 2032-02-15      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Wand NewCo 3, Inc.                                       | Wand NewCo 3, Inc.                                     | CUSIP: 933940AA6<br>LEI: 549300Y3VZEWMSQW8494 | Long             | DBT              | CORP              | US        |    105000 | PA      | $108313.22    | 0.97%             | 2032-01-30      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Long Ridge Energy LLC                                    | Long Ridge Energy LLC                                  | CUSIP: 54288CAA1<br>LEI: 984500764EC9AZ2FC764 | Long             | DBT              | CORP              | US        |     50000 | PA      | $47694.03     | 0.43%             | 2032-02-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Methanex US Operations, Inc.                             | Methanex US Operations, Inc.                           | CUSIP: 59151LAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     45000 | PA      | $42551.66     | 0.38%             | 2032-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Hilton Domestic Operating Co., Inc.                      | Hilton Domestic Operating Co., Inc.                    | CUSIP: 432833AQ4<br>LEI: 5493003EG7H0N1E4XV50 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40597.24     | 0.36%             | 2032-04-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Baytex Energy Corp.                                      | Baytex Energy Corp.                                    | CUSIP: 07317QAK1<br>LEI: 549300R5LTV2H7I1I079 | Long             | DBT              | CORP              | CA        |     45000 | PA      | $38802.46     | 0.35%             | 2032-03-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Stonepeak Nile Parent LLC                                | Stonepeak Nile Parent LLC                              | CUSIP: 861932AA9<br>LEI: 254900TJV3VAFZD0GU41 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40614.33     | 0.36%             | 2032-03-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Northriver Midstream Finance LP                          | Northriver Midstream Finance LP                        | CUSIP: 66679NAB6<br>LEI: 549300SOLNLY3BL6GF18 | Long             | DBT              | CORP              | CA        |     50000 | PA      | $49672.67     | 0.44%             | 2032-07-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Kronos Acquisition Holdings, Inc.                        | Kronos Acquisition Holdings, Inc.                      | CUSIP: 50106GAJ1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     40000 | PA      | $24074.37     | 0.22%             | 2032-06-30      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| US Foods, Inc.                                           | US Foods, Inc.                                         | CUSIP: 90290MAH4<br>LEI: 5493000JOOFAOUY1JZ87 | Long             | DBT              | CORP              | US        |     40000 | PA      | $41884.60     | 0.37%             | 2032-01-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Standard Building Solutions, Inc.                        | Standard Building Solutions, Inc.                      | CUSIP: 853191AA2<br>LEI: 54930064UHXCIUWVI755 | Long             | DBT              | CORP              | US        |     84000 | PA      | $85095.83     | 0.76%             | 2032-08-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Resideo Funding, Inc.                                    | Resideo Funding, Inc.                                  | CUSIP: 76119LAD3<br>LEI: 5493000IFJ6XJKH66598 | Long             | DBT              | CORP              | US        |     47000 | PA      | $46581.07     | 0.42%             | 2032-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Ardonagh Group Finance Ltd.                              | Ardonagh Group Finance Ltd.                            | CUSIP: 039956AA5<br>LEI: 254900SRT1BTAJ76NW62 | Long             | DBT              | CORP              | JE        |    120000 | PA      | $122361.38    | 1.09%             | 2032-02-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Fiesta Purchaser, Inc.                                   | Fiesta Purchaser, Inc.                                 | CUSIP: 31659AAB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     41000 | PA      | $42858.37     | 0.38%             | 2032-09-15      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| Owens-Brockway Glass Container, Inc.                     | Owens-Brockway Glass Container, Inc.                   | CUSIP: 69073TAV5<br>LEI: V2UQUCDZJ9WY98W8QU33 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24444.61     | 0.22%             | 2032-06-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| ADT Security Corp. (The)                                 | ADT Security Corp. (The)                               | CUSIP: 74166NAA2<br>LEI: 5493009JEEDYLVRA0J13 | Long             | DBT              | CORP              | US        |     67000 | PA      | $63136.85     | 0.56%             | 2032-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Seagate HDD Cayman                                       | Seagate HDD Cayman                                     | CUSIP: 81180WBM2<br>LEI: 529900BD50TRWEG1SF63 | Long             | DBT              | CORP              | KY        |     60000 | PA      | $67776.94     | 0.61%             | 2032-12-01      | Fixed         | 9.62%                 | No            |                  2 | On Loan: No      |
| United Rentals North America, Inc.                       | United Rentals North America, Inc.                     | CUSIP: 911365BP8<br>LEI: NGIZXNT70J2LYT3FBI09 | Long             | DBT              | CORP              | US        |     63000 | PA      | $56002.99     | 0.50%             | 2032-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Arcosa, Inc.                                             | Arcosa, Inc.                                           | CUSIP: 039653AC4<br>LEI: 549300WFHLTCZV7D6V29 | Long             | DBT              | CORP              | US        |     57000 | PA      | $58070.21     | 0.52%             | 2032-08-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Celanese US Holdings LLC                                 | Celanese US Holdings LLC                               | CUSIP: 15089QAP9<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |     80000 | PA      | $78644.91     | 0.70%             | 2032-07-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Harvest Midstream I LP                                   | Harvest Midstream I LP                                 | CUSIP: 417558AB9<br>LEI: 549300DW5M17KJOXCY66 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40772.77     | 0.36%             | 2032-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Parkland Corp.                                           | Parkland Corp.                                         | CUSIP: 70137WAN8<br>LEI: 549300UY5C6HUV0XLS53 | Long             | DBT              | CORP              | CA        |     40000 | PA      | $39800.10     | 0.36%             | 2032-08-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Matador Resources Co.                                    | Matador Resources Co.                                  | CUSIP: 576485AG1<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | DBT              | CORP              | US        |     75000 | PA      | $72211.66     | 0.65%             | 2032-04-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Howden UK Refinance plc                                  | Howden UK Refinance plc                                | CUSIP: 44287DAA1<br>LEI: 875500O63ODR8S3K5X33 | Long             | DBT              | CORP              | GB        |     40000 | PA      | $40555.36     | 0.36%             | 2032-02-15      | Fixed         | 8.12%                 | No            |                  2 | On Loan: No      |
| CCO Holdings LLC                                         | CCO Holdings LLC                                       | CUSIP: 1248EPCN1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    240000 | PA      | $213332.67    | 1.91%             | 2032-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Ascent Resources Utica Holdings LLC                      | Ascent Resources Utica Holdings LLC                    | CUSIP: 04364VAX1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     56000 | PA      | $55290.20     | 0.49%             | 2032-10-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Garda World Security Corp.                               | Garda World Security Corp.                             | CUSIP: 36485MAN9<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |     48000 | PA      | $47285.86     | 0.42%             | 2032-08-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Shift4 Payments LLC                                      | Shift4 Payments LLC                                    | CUSIP: 82453AAB3<br>LEI: 254900GTEMR7L40VPI74 | Long             | DBT              | CORP              | US        |     95000 | PA      | $96353.86     | 0.86%             | 2032-08-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CNX Resources Corp.                                      | CNX Resources Corp.                                    | CUSIP: 12653CAL2<br>LEI: 549300JK3KH8PWM3B226 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49991.05     | 0.45%             | 2032-03-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Goat Holdco LLC                                          | Goat Holdco LLC                                        | CUSIP: 38021MAA4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     69000 | PA      | $67667.92     | 0.60%             | 2032-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Asbury Automotive Group, Inc.                            | Asbury Automotive Group, Inc.                          | CUSIP: 043436AX2<br>LEI: 549300JH4DTA7U42GL91 | Long             | DBT              | CORP              | US        |     50000 | PA      | $45554.79     | 0.41%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Permian Resources Operating LLC                          | Permian Resources Operating LLC                        | CUSIP: 71424VAA8<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |     80000 | PA      | $80622.24     | 0.72%             | 2032-01-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| California Buyer Ltd.                                    | California Buyer Ltd.                                  | CUSIP: 13005HAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |     60000 | PA      | $58939.41     | 0.53%             | 2032-02-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Concentra Health Services, Inc.                          | Concentra Health Services, Inc.                        | CUSIP: 20600DAA1<br>LEI: 984500GB84105F75DE32 | Long             | DBT              | CORP              | US        |     50000 | PA      | $51257.39     | 0.46%             | 2032-07-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| EZCORP, Inc.                                             | EZCORP, Inc.                                           | CUSIP: 302301AJ5<br>LEI: 5493003K6PG3ZQ7TUQ63 | Long             | DBT              | CORP              | US        |     20000 | PA      | $20985.23     | 0.19%             | 2032-04-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Performance Food Group, Inc.                             | Performance Food Group, Inc.                           | CUSIP: 71376LAF7<br>LEI: 549300OMUOGBYK0FFO76 | Long             | DBT              | CORP              | US        |     84000 | PA      | $84311.12     | 0.75%             | 2032-09-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Global Infrastructure Solutions, Inc.                    | Global Infrastructure Solutions, Inc.                  | CUSIP: 37960XAB3<br>LEI: 2549003BGLQITAJ6ZT28 | Long             | DBT              | CORP              | US        |     25000 | PA      | $24542.17     | 0.22%             | 2032-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Crescent Energy Finance LLC                              | Crescent Energy Finance LLC                            | CUSIP: 45344LAD5<br>LEI: 54930061FUL6DBLFUW14 | Long             | DBT              | CORP              | US        |     92000 | PA      | $83603.67     | 0.75%             | 2032-04-01      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Clydesdale Acquisition Holdings, Inc.                    | Clydesdale Acquisition Holdings, Inc.                  | CUSIP: 18972EAD7<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |    115000 | PA      | $117646.96    | 1.05%             | 2032-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Lumen Technologies, Inc.                                 | Lumen Technologies, Inc.                               | CUSIP: 550241AK9<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | DBT              | CORP              | US        |     35000 | PA      | $34921.83     | 0.31%             | 2032-10-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Vmed O2 UK Financing I plc                               | Vmed O2 UK Financing I plc                             | CUSIP: 92858RAD2<br>LEI: 213800MRR46ECNGZ7L69 | Long             | DBT              | CORP              | GB        |     60000 | PA      | $60512.63     | 0.54%             | 2032-04-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| USI, Inc.                                                | USI, Inc.                                              | CUSIP: 90346KAB5<br>LEI: 2549006D7UF7072T7I27 | Long             | DBT              | CORP              | US        |     58000 | PA      | $60041.47     | 0.54%             | 2032-01-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Alliant Holdings Intermediate LLC                        | Alliant Holdings Intermediate LLC                      | CUSIP: 01883LAH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     59000 | PA      | $59520.11     | 0.53%             | 2032-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| TopBuild Corp.                                           | TopBuild Corp.                                         | CUSIP: 89055FAC7<br>LEI: 5493007YSKHOL4RWII46 | Long             | DBT              | CORP              | US        |     40000 | PA      | $35954.07     | 0.32%             | 2032-02-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| FirstCash, Inc.                                          | FirstCash, Inc.                                        | CUSIP: 33767DAD7<br>LEI: 549300V2X3UU7K0DG350 | Long             | DBT              | CORP              | US        |     48000 | PA      | $49109.77     | 0.44%             | 2032-03-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Cougar JV Subsidiary LLC                                 | Cougar JV Subsidiary LLC                               | CUSIP: 22208WAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     56000 | PA      | $58135.34     | 0.52%             | 2032-05-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Global Auto Holdings Ltd.                                | Global Auto Holdings Ltd.                              | CUSIP: 00033GAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | GB        |     45000 | PA      | $36052.75     | 0.32%             | 2032-01-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| DaVita, Inc.                                             | DaVita, Inc.                                           | CUSIP: 23918KAW8<br>LEI: M2XHYMU3TZNEZURC6H66 | Long             | DBT              | CORP              | US        |     80000 | PA      | $80733.87     | 0.72%             | 2032-09-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Level 3 Financing, Inc.                                  | Level 3 Financing, Inc.                                | CUSIP: 527298CK7<br>LEI: 254900AE5FEFIJOXWL19 | Long             | DBT              | CORP              | US        |     30000 | PA      | $30008.91     | 0.27%             | 2032-10-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Perrigo Finance Unlimited Co.                            | Perrigo Finance Unlimited Co., Series USD              | CUSIP: 71429MAD7<br>LEI: 549300E86RB6YCTMRM83 | Long             | DBT              | CORP              | IE        |     55000 | PA      | $54617.97     | 0.49%             | 2032-09-30      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Nationstar Mortgage Holdings, Inc.                       | Nationstar Mortgage Holdings, Inc.                     | CUSIP: 63861CAF6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     80000 | PA      | $82986.01     | 0.74%             | 2032-02-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Jane Street Group                                        | Jane Street Group                                      | CUSIP: 47077WAD0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    138000 | PA      | $135688.14    | 1.21%             | 2032-11-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Global Partners LP                                       | Global Partners LP                                     | CUSIP: 37954FAK0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     35000 | PA      | $35636.45     | 0.32%             | 2032-01-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| ZF North America Capital, Inc.                           | ZF North America Capital, Inc.                         | CUSIP: 98877DAG0<br>LEI: 529900JYGMS9CW9IQX78 | Long             | DBT              | CORP              | US        |     60000 | PA      | $52678.37     | 0.47%             | 2032-04-23      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| SM Energy Co.                                            | SM Energy Co.                                          | CUSIP: 78454LAY6<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |     63000 | PA      | $58091.30     | 0.52%             | 2032-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Miter Brands Acquisition Holdco, Inc.                    | Miter Brands Acquisition Holdco, Inc.                  | CUSIP: 60672JAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     59000 | PA      | $58803.66     | 0.53%             | 2032-04-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Royal Caribbean Cruises Ltd.                             | Royal Caribbean Cruises Ltd.                           | CUSIP: 780153BU5<br>LEI: K2NEH8QNVW44JIWK7Z55 | Long             | DBT              | CORP              | LR        |    105000 | PA      | $106629.59    | 0.95%             | 2032-03-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Iliad Holding SASU                                       | Iliad Holding SASU                                     | CUSIP: 449691AG9<br>LEI: 9695009PXA7OI9NXN582 | Long             | DBT              | CORP              | FR        |     70000 | PA      | $70903.95     | 0.63%             | 2032-04-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Garrett Motion Holdings, Inc.                            | Garrett Motion Holdings, Inc.                          | CUSIP: 366504AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     67000 | PA      | $66835.46     | 0.60%             | 2032-05-31      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Dana, Inc.                                               | Dana, Inc.                                             | CUSIP: 235825AJ5<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | DBT              | CORP              | US        |     30000 | PA      | $26956.27     | 0.24%             | 2032-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Service Properties Trust                                 | Service Properties Trust                               | CUSIP: 81761LAE2<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              | CORP              | US        |     45000 | PA      | $43500.60     | 0.39%             | 2032-06-15      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| EquipmentShare.com, Inc.                                 | EquipmentShare.com, Inc.                               | CUSIP: 29450YAB5<br>LEI: 254900PWJK48CGPKPI80 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50905.30     | 0.46%             | 2032-05-15      | Fixed         | 8.62%                 | No            |                  2 | On Loan: No      |
| Builders FirstSource, Inc.                               | Builders FirstSource, Inc.                             | CUSIP: 12008RAP2<br>LEI: 549300W0SKP6L3H7DP63 | Long             | DBT              | CORP              | US        |    110000 | PA      | $99163.49     | 0.89%             | 2032-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Turning Point Brands, Inc.                               | Turning Point Brands, Inc.                             | CUSIP: 90041LAG0<br>LEI: 549300IYG00QF0VVP302 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25977.51     | 0.23%             | 2032-03-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Motion Finco SARL                                        | Motion Finco SARL                                      | CUSIP: 61980LAB5<br>LEI: 2549002L1LBQZKA7UN30 | Long             | DBT              | CORP              | LU        |     35000 | PA      | $33159.39     | 0.30%             | 2032-02-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| SS&C Technologies, Inc.                                  | SS&C Technologies, Inc.                                | CUSIP: 78466CAD8<br>LEI: 549300KY09TR3J12JU49 | Long             | DBT              | CORP              | US        |     63000 | PA      | $63959.37     | 0.57%             | 2032-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Vail Resorts, Inc.                                       | Vail Resorts, Inc.                                     | CUSIP: 91879QAP4<br>LEI: 529900PSZHRNU9HKH870 | Long             | DBT              | CORP              | US        |     50000 | PA      | $50639.67     | 0.45%             | 2032-05-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BlackRock Funds III                                      | BlackRock Cash Funds: Treasury, SL Agency Shares       | CUSIP: 066922477<br>LEI: 5493005PQV5UQG4OSI49 | Long             | STIV             | RF                | US        |     69481 | NS      | $69481.16     | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| NCL Corp. Ltd.                                           | NCL Corp. Ltd.                                         | CUSIP: 62886HBR1<br>LEI: UNZWILHE4KMRP9K2L524 | Long             | DBT              | CORP              | BM        |    150000 | PA      | $146448.71    | 1.31%             | 2032-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| EnerSys                                                  | EnerSys                                                | CUSIP: 29275YAF9<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | DBT              | CORP              | US        |     25000 | PA      | $25477.21     | 0.23%             | 2032-01-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cliffs, Inc.                                   | Cleveland-Cliffs, Inc.                                 | CUSIP: 185899AP6<br>LEI: 549300TM2WLI2BJMDD86 | Long             | DBT              | CORP              | US        |    120000 | PA      | $113002.50    | 1.01%             | 2032-03-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Caesars Entertainment, Inc.                              | Caesars Entertainment, Inc.                            | CUSIP: 12769GAD2<br>LEI: 549300FA4CTCW903Y781 | Long             | DBT              | CORP              | US        |     99000 | PA      | $93325.21     | 0.83%             | 2032-10-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Advance Auto Parts, Inc.                                 | Advance Auto Parts, Inc.                               | CUSIP: 00751YAG1<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |     25000 | PA      | $20882.26     | 0.19%             | 2032-03-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Alpha Generation LLC                                     | Alpha Generation LLC                                   | CUSIP: 02073LAA9<br>LEI: 254900K5V62L4YGVKF49 | Long             | DBT              | CORP              | US        |     80000 | PA      | $81648.24     | 0.73%             | 2032-10-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Vallourec SACA                                           | Vallourec SACA                                         | CUSIP: 92023RAA8<br>LEI: 969500P2Q1B47H4MCJ34 | Long             | DBT              | CORP              | FR        |     70000 | PA      | $72520.92     | 0.65%             | 2032-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Clearway Energy Operating LLC                            | Clearway Energy Operating LLC                          | CUSIP: 18539UAE5<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |     30000 | PA      | $26018.91     | 0.23%             | 2032-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Bombardier, Inc.                                         | Bombardier, Inc.                                       | CUSIP: 097751CC3<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |     60000 | PA      | $60648.07     | 0.54%             | 2032-06-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Ryan Specialty LLC                                       | Ryan Specialty LLC                                     | CUSIP: 78351GAA3<br>LEI: 549300K52N7QBO3PYY45 | Long             | DBT              | CORP              | US        |    100000 | PA      | $98947.92     | 0.88%             | 2032-08-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| 1261229 BC Ltd.                                          | 1261229 BC Ltd.                                        | CUSIP: 68288AAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |    300000 | PA      | $293964.15    | 2.63%             | 2032-04-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Melco Resorts Finance Ltd.                               | Melco Resorts Finance Ltd.                             | CUSIP: 58547DAH2<br>LEI: 5493000FQDBWKDBZEF60 | Long             | DBT              | CORP              | KY        |     60000 | PA      | $57688.94     | 0.52%             | 2032-04-17      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| Yum! Brands, Inc.                                        | Yum! Brands, Inc.                                      | CUSIP: 988498AR2<br>LEI: 549300JE8XHZZ7OHN517 | Long             | DBT              | CORP              | US        |     80000 | PA      | $78694.41     | 0.70%             | 2032-04-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Select Medical Corp.                                     | Select Medical Corp.                                   | CUSIP: 816196AV1<br>LEI: 549300X05KS0JKR8CB50 | Long             | DBT              | CORP              | US        |     45000 | PA      | $44685.80     | 0.40%             | 2032-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Amentum Holdings, Inc.                                   | Amentum Holdings, Inc.                                 | CUSIP: 02352BAA3<br>LEI: 2549009FJIBLW40CU216 | Long             | DBT              | CORP              | US        |     80000 | PA      | $81390.44     | 0.73%             | 2032-08-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| OneMain Finance Corp.                                    | OneMain Finance Corp.                                  | CUSIP: 682691AJ9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |     50000 | PA      | $49032.25     | 0.44%             | 2032-03-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Graphic Packaging International LLC                      | Graphic Packaging International LLC                    | CUSIP: 38869AAE7<br>LEI: SO75N4VY5NXGQSK8YQ65 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40250.39     | 0.36%             | 2032-07-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Newell Brands, Inc.                                      | Newell Brands, Inc.                                    | CUSIP: 651229BE5<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | DBT              | CORP              | US        |     40000 | PA      | $35885.08     | 0.32%             | 2032-05-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Lamb Weston Holdings, Inc.                               | Lamb Weston Holdings, Inc.                             | CUSIP: 513272AE4<br>LEI: 5493005SMYID1D2OY946 | Long             | DBT              | CORP              | US        |     60000 | PA      | $55070.36     | 0.49%             | 2032-01-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| VZ Secured Financing BV                                  | VZ Secured Financing BV                                | CUSIP: 91845AAA3<br>LEI: 549300MG611MYCOWY949 | Long             | DBT              | CORP              | NL        |    125000 | PA      | $109023.04    | 0.97%             | 2032-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brink's Co. (The)                                        | Brink's Co. (The)                                      | CUSIP: 109696AD6<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | DBT              | CORP              | US        |     40000 | PA      | $40964.38     | 0.37%             | 2032-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Watco Cos. LLC                                           | Watco Cos. LLC                                         | CUSIP: 941130AD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     60000 | PA      | $59947.12     | 0.54%             | 2032-08-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Murphy Oil Corp.                                         | Murphy Oil Corp.                                       | CUSIP: 626717AP7<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | DBT              | CORP              | US        |     50000 | PA      | $45541.49     | 0.41%             | 2032-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Vistra Operations Co. LLC                                | Vistra Operations Co. LLC                              | CUSIP: 92840VAR3<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |     84000 | PA      | $87071.31     | 0.78%             | 2032-04-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Station Casinos LLC                                      | Station Casinos LLC                                    | CUSIP: 857691AJ8<br>LEI: 5493004E7Q60TX54WL62 | Long             | DBT              | CORP              | US        |     47000 | PA      | $46737.42     | 0.42%             | 2032-03-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| TransDigm, Inc.                                          | TransDigm, Inc.                                        | CUSIP: 893647BV8<br>LEI: 88Q84GB3X55CF5OC7582 | Long             | DBT              | CORP              | US        |    180000 | PA      | $184384.91    | 1.65%             | 2032-03-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| HUB International Ltd.                                   | HUB International Ltd.                                 | CUSIP: 44332PAJ0<br>LEI: 549300JQT6ATTUNS5E06 | Long             | DBT              | CORP              | US        |    159000 | PA      | $163818.21    | 1.46%             | 2032-01-31      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| LifePoint Health, Inc.                                   | LifePoint Health, Inc.                                 | CUSIP: 53219LAX7<br>LEI: 549300G8ZVHRTBBBSZ90 | Long             | DBT              | CORP              | US        |     71000 | PA      | $68871.35     | 0.62%             | 2032-06-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Efesto Bidc SpA                                          | Efesto Bidco SpA, Series XR                            | CUSIP: 28201XAB1<br>LEI: 815600D1A091DE3F5933 | Long             | DBT              | CORP              | IT        |     70000 | PA      | $69643.00     | 0.62%             | 2032-02-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Sunoco LP                                                | Sunoco LP                                              | CUSIP: 86765KAC3<br>LEI: 54930001NJU8E40NQ561 | Long             | DBT              | CORP              | US        |     63000 | PA      | $65268.04     | 0.58%             | 2032-05-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Garda World Security Corp.                               | Garda World Security Corp.                             | CUSIP: 36485MAP4<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |     80000 | PA      | $78916.27     | 0.71%             | 2032-11-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-04-30

**Name of Applicant:** iShares Trust

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer