# EDGAR Filing Document

**Accession Number:** 0001100663
**File Stem:** 0001410368-25-010103
**Filing Date:** 2025-9
**Character Count:** 84642
**Document Hash:** 93c2a57ace244641e13938c05b53f12e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-010103.hdr.sgml**: 20250924

**ACCESSION NUMBER**: 0001410368-25-010103

**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 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:** 251338586

**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 2026 Term High Yield and Income ETF (Series ID: S000069852)

| Class ID   | Class Name                                         | Ticker Symbol   |
|:---|:---|:---|
| C000222633 | iShares iBonds 2026 Term High Yield and Income ETF | IBHF            |

## Nport-Ex

Schedule of Investments (unaudited)

July 31, 2025

**iShares® iBonds® 2026 Term High Yield and Income 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** |
| **Advertising — 0.1%** | **Advertising — 0.1%** | **Advertising — 0.1%** |
| &nbsp;&nbsp;&nbsp; Omnicom Group Inc./Omnicom Capital Inc., 3.60%, <br> 04/15/26<br>| &nbsp;&nbsp;&nbsp; $500 | $495989 |
| **Aerospace & Defense — 0.9%** | **Aerospace & Defense — 0.9%** | **Aerospace & Defense — 0.9%** |
| Boeing Co. (The), 2.20%, 02/04/26 | &nbsp;&nbsp;&nbsp; 2000 | 1973609 |
| Incora Top Holdco LLC, 6.00%, 01/31/33<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 22 | 21668 |
| Spirit AeroSystems Inc., 3.85%, 06/15/26 | &nbsp;&nbsp;&nbsp; 5991 | 5902829 |
|  |  | 7898106 |
| **Agriculture — 0.1%** | **Agriculture — 0.1%** | **Agriculture — 0.1%** |
| BAT International Finance PLC, 1.67%, 03/25/26 | &nbsp;&nbsp;&nbsp; 500 | 490337 |
| **Airlines — 4.7%** | **Airlines — 4.7%** | **Airlines — 4.7%** |
| Air Canada, 3.88%, 08/15/26<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 21419 | 21204118 |
| &nbsp;&nbsp;&nbsp; Air Canada Pass Through Trust, Series 2020-1, <br> Class C, 10.50%, 07/15/26<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp; 5412 | 5660563 |
| &nbsp;&nbsp;&nbsp; American Airlines Inc./AAdvantage Loyalty IP Ltd., <br> 5.50%, 04/20/26<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp; 15238 | 15220572 |
|  |  | 42085253 |
| **Apparel — 1.4%** | **Apparel — 1.4%** | **Apparel — 1.4%** |
| Under Armour Inc., 3.25%, 06/15/26 | &nbsp;&nbsp;&nbsp; 12505 | 12299311 |
| **Auto Manufacturers — 3.3%** | **Auto Manufacturers — 3.3%** | **Auto Manufacturers — 3.3%** |
| Ford Motor Co., 4.35%, 12/08/26 | &nbsp;&nbsp;&nbsp; 300 | 297942 |
| General Motors Financial Co. Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 1.25%, 01/08/26 | &nbsp;&nbsp;&nbsp; 500 | 492477 |
| &nbsp;&nbsp;&nbsp; 5.40%, 04/06/26 | &nbsp;&nbsp;&nbsp; 500 | 502023 |
| Nissan Motor Acceptance Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp; 1.85%, 09/16/26<sup>(b)(c)</sup> | &nbsp;&nbsp;&nbsp; 14065 | 13492405 |
| &nbsp;&nbsp;&nbsp; 2.00%, 03/09/26<sup>(b)(c)</sup> | &nbsp;&nbsp;&nbsp; 10057 | 9842883 |
| &nbsp;&nbsp;&nbsp; 6.95%, 09/15/26<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5269 | 5345471 |
|  |  | 29973201 |
| **Banks — 1.7%** | **Banks — 1.7%** | **Banks — 1.7%** |
| Barclays PLC |  |  |
| &nbsp;&nbsp;&nbsp; 4.38%, 01/12/26 | &nbsp;&nbsp;&nbsp; 1000 | 998886 |
| &nbsp;&nbsp;&nbsp; 5.20%, 05/12/26 | &nbsp;&nbsp;&nbsp; 1000 | 1002593 |
| Citigroup Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.30%, 11/20/26 | &nbsp;&nbsp;&nbsp; 300 | 298883 |
| &nbsp;&nbsp;&nbsp; 4.60%, 03/09/26 | &nbsp;&nbsp;&nbsp; 500 | 499476 |
| Cooperatieve Rabobank UA, 3.75%, 07/21/26 | &nbsp;&nbsp;&nbsp; 500 | 495762 |
| Freedom Mortgage Corp., 7.63%, 05/01/26<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 10132 | 10155468 |
| HSBC Holdings PLC, 4.38%, 11/23/26 | &nbsp;&nbsp;&nbsp; 300 | 299025 |
| Lloyds Banking Group PLC, 4.65%, 03/24/26 | &nbsp;&nbsp;&nbsp; 500 | 499219 |
| Morgan Stanley, 4.35%, 09/08/26 | &nbsp;&nbsp;&nbsp; 1000 | 997368 |
|  |  | 15246680 |
| **Beverages — 0.1%** | **Beverages — 0.1%** | **Beverages — 0.1%** |
| Molson Coors Beverage Co., 3.00%, 07/15/26 | &nbsp;&nbsp;&nbsp; 1000 | 985195 |
| **Chemicals — 2.8%** | **Chemicals — 2.8%** | **Chemicals — 2.8%** |
| Celanese U.S. Holdings LLC, 1.40%, 08/05/26<sup>(c)</sup> | &nbsp;&nbsp;&nbsp; 8185 | 7886693 |
| GPD Companies Inc., 12.50%, 12/31/29<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 2605 | 2261514 |
| &nbsp;&nbsp;&nbsp; SCIL IV LLC/SCIL USA Holdings LLC, Class-H, <br> 5.38%, 11/01/26<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp; 15145 | 15051679 |
|  |  | 25199886 |
| **Commercial Services — 6.8%** | **Commercial Services — 6.8%** | **Commercial Services — 6.8%** |
| Block Inc., 2.75%, 06/01/26 | &nbsp;&nbsp;&nbsp; 22947 | 22497906 |
| Graham Holdings Co., 5.75%, 06/01/26<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 6952 | 6957724 |
| Hertz Corp. (The), 4.63%, 12/01/26<sup>(b)(c)</sup> | &nbsp;&nbsp;&nbsp; 10000 | 9043432 |
| &nbsp;&nbsp;&nbsp; Prime Security Services Borrower LLC/Prime <br> Finance Inc., 5.75%, 04/15/26<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp; 5609 | 5632177 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Commercial Services (continued)** | **Commercial Services (continued)** | **Commercial Services (continued)** |
| &nbsp;&nbsp;&nbsp; WASH Multifamily Acquisition Inc., 5.75%, <br> 04/15/26<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp; $17564 | $17568707 |
|  |  | 61699946 |
| **Computers — 1.2%** | **Computers — 1.2%** | **Computers — 1.2%** |
| Dell International LLC/EMC Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 4.90%, 10/01/26 | &nbsp;&nbsp;&nbsp; 500 | 501591 |
| &nbsp;&nbsp;&nbsp; 6.02%, 06/15/26 | &nbsp;&nbsp;&nbsp; 1000 | 1008599 |
| Western Digital Corp., 4.75%, 02/15/26<sup>(c)</sup> | &nbsp;&nbsp;&nbsp; 9502 | 9479510 |
|  |  | 10989700 |
| **Diversified Financial Services — 10.2%** | **Diversified Financial Services — 10.2%** | **Diversified Financial Services — 10.2%** |
| &nbsp;&nbsp;&nbsp; AerCap Ireland Capital DAC/AerCap Global Aviation <br> Trust, 2.45%, 10/29/26<br>| &nbsp;&nbsp;&nbsp; 1000 | 973835 |
| Air Lease Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 1.88%, 08/15/26 | &nbsp;&nbsp;&nbsp; 300 | 291577 |
| &nbsp;&nbsp;&nbsp; 2.88%, 01/15/26 | &nbsp;&nbsp;&nbsp; 500 | 495572 |
| Brightsphere Investment Group Inc., 4.80%, 07/27/26 | &nbsp;&nbsp;&nbsp; 5741 | 5683703 |
| Capital One Financial Corp., 3.75%, 07/28/26 | &nbsp;&nbsp;&nbsp; 500 | 495321 |
| GGAM Finance Ltd., 7.75%, 05/15/26<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 7322 | 7374874 |
| Jefferson Capital Holdings LLC, 6.00%, 08/15/26<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5427 | 5415608 |
| &nbsp;&nbsp;&nbsp; Nationstar Mortgage Holdings Inc., 5.00%, <br> 02/01/26<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp; 10172 | 10148795 |
| Navient Corp., 6.75%, 06/15/26 | &nbsp;&nbsp;&nbsp; 10551 | 10655925 |
| OneMain Finance Corp., 7.13%, 03/15/26 | &nbsp;&nbsp;&nbsp; 11184 | 11315489 |
| &nbsp;&nbsp;&nbsp; Rocket Mortgage LLC/Rocket Mortgage <br> Co-Issuer Inc., 2.88%, 10/15/26<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp; 24293 | 23693274 |
| SLM Corp., 3.13%, 11/02/26 | &nbsp;&nbsp;&nbsp; 10421 | 10171163 |
| World Acceptance Corp., 7.00%, 11/01/26<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5516 | 5612530 |
|  |  | 92327666 |
| **Electric — 3.5%** | **Electric — 3.5%** | **Electric — 3.5%** |
| Duke Energy Corp., 2.65%, 09/01/26 | &nbsp;&nbsp;&nbsp; 500 | 490055 |
| Southern Co. (The), 3.25%, 07/01/26 | &nbsp;&nbsp;&nbsp; 500 | 494551 |
| Vistra Operations Co. LLC, 5.50%, 09/01/26<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 20155 | 20137133 |
| &nbsp;&nbsp;&nbsp; XPLR Infrastructure Operating Partners LP, 3.88%, <br> 10/15/26<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp; 10607 | 10356664 |
|  |  | 31478403 |
| **Electrical Components & Equipment — 0.0%** | **Electrical Components & Equipment — 0.0%** | **Electrical Components & Equipment — 0.0%** |
| Wolverine Escrow LLC, 0.00%, 01/31/33<sup>(a)(d)(e)</sup> | &nbsp;&nbsp;&nbsp; 75 |  |
| **Engineering & Construction — 0.5%** | **Engineering & Construction — 0.5%** | **Engineering & Construction — 0.5%** |
| INNOVATE Corp., 8.50%, 02/01/26<sup>(b)(c)</sup> | &nbsp;&nbsp;&nbsp; 5617 | 4925291 |
| **Entertainment — 1.9%** | **Entertainment — 1.9%** | **Entertainment — 1.9%** |
| CCM Merger Inc., 6.38%, 05/01/26<sup>(b)(c)</sup> | &nbsp;&nbsp;&nbsp; 4807 | 4807377 |
| Empire Resorts Inc., 7.75%, 11/01/26<sup>(b)(c)</sup> | &nbsp;&nbsp;&nbsp; 6172 | 6092476 |
| Live Nation Entertainment Inc., 5.63%, 03/15/26<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 6117 | 6117988 |
|  |  | 17017841 |
| **Food — 1.7%** | **Food — 1.7%** | **Food — 1.7%** |
| &nbsp;&nbsp;&nbsp; Albertsons Companies Inc./Safeway Inc./New <br> Albertsons LP/Albertsons LLC, 3.25%, 03/15/26<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp; 15605 | 15430672 |
| Tyson Foods Inc., 4.00%, 03/01/26 | &nbsp;&nbsp;&nbsp; 300 | 298752 |
|  |  | 15729424 |
| **Health Care - Services — 2.5%** | **Health Care - Services — 2.5%** | **Health Care - Services — 2.5%** |
| HCA Inc., 5.25%, 06/15/26 | &nbsp;&nbsp;&nbsp; 500 | 500563 |
| IQVIA Inc., 5.00%, 10/15/26<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 22303 | 22243478 |
|  |  | 22744041 |
| **Holding Companies - Diversified — 2.3%** | **Holding Companies - Diversified — 2.3%** | **Holding Companies - Diversified — 2.3%** |
| Ares Capital Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 2.15%, 07/15/26 | &nbsp;&nbsp;&nbsp; 300 | 292905 |
| &nbsp;&nbsp;&nbsp; 3.88%, 01/15/26 | &nbsp;&nbsp;&nbsp; 300 | 298544 |

---

------

Schedule of Investments (unaudited)(continued)

July 31, 2025

**iShares® iBonds® 2026 Term High Yield and Income ETF**

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

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Holding Companies - Diversified (continued)** | **Holding Companies - Diversified (continued)** | **Holding Companies - Diversified (continued)** |
| &nbsp;&nbsp;&nbsp; Icahn Enterprises LP/Icahn Enterprises Finance <br> Corp., 6.25%, 05/15/26<br>| &nbsp;&nbsp;&nbsp; $14731 | $14640007 |
| Prospect Capital Corp., 3.36%, 11/15/26<sup>(c)</sup> | &nbsp;&nbsp;&nbsp; 6145 | 5897243 |
|  |  | 21128699 |
| **Home Furnishings — 2.0%** | **Home Furnishings — 2.0%** | **Home Furnishings — 2.0%** |
| FXI Holdings Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 12.25%, 11/15/26<sup>(b)(c)</sup> | &nbsp;&nbsp;&nbsp; 8793 | 7867837 |
| &nbsp;&nbsp;&nbsp; 12.25%, 11/15/26<sup>(b)(c)</sup> | &nbsp;&nbsp;&nbsp; 11880 | 10631298 |
|  |  | 18499135 |
| **Housewares — 0.5%** | **Housewares — 0.5%** | **Housewares — 0.5%** |
| Scotts Miracle-Gro Co. (The), 5.25%, 12/15/26<sup>(c)</sup> | &nbsp;&nbsp;&nbsp; 4551 | 4551520 |
| **Internet — 1.4%** | **Internet — 1.4%** | **Internet — 1.4%** |
| Millennium Escrow Corp., 6.63%, 08/01/26<sup>(b)(c)</sup> | &nbsp;&nbsp;&nbsp; 13625 | 12901124 |
| **Iron & Steel — 1.3%** | **Iron & Steel — 1.3%** | **Iron & Steel — 1.3%** |
| &nbsp;&nbsp;&nbsp; Baffinland Iron Mines Corp./Baffinland Iron Mines LP, <br> 8.75%, 07/15/26<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp; 12228 | 11543309 |
| **Lodging — 7.6%** | **Lodging — 7.6%** | **Lodging — 7.6%** |
| Las Vegas Sands Corp., 3.50%, 08/18/26 | &nbsp;&nbsp;&nbsp; 300 | 295238 |
| Melco Resorts Finance Ltd., 5.25%, 04/26/26<sup>(c)(f)</sup> | &nbsp;&nbsp;&nbsp; 9116 | 9101046 |
| MGM China Holdings Ltd., 5.88%, 05/15/26<sup>(b)(c)</sup> | &nbsp;&nbsp;&nbsp; 17915 | 17922165 |
| MGM Resorts International, 4.63%, 09/01/26 | &nbsp;&nbsp;&nbsp; 8057 | 8028785 |
| Travel & Leisure Co., 6.63%, 07/31/26<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 13087 | 13186744 |
| Wynn Macau Ltd., 5.50%, 01/15/26<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 20360 | 20339672 |
|  |  | 68873650 |
| **Media — 7.3%** | **Media — 7.3%** | **Media — 7.3%** |
| &nbsp;&nbsp;&nbsp; CCO Holdings LLC/CCO Holdings Capital Corp., <br> 5.50%, 05/01/26<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp; 14783 | 14758579 |
| DISH DBS Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 12/01/26<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 16850 | 15848637 |
| &nbsp;&nbsp;&nbsp; 7.75%, 07/01/26 | &nbsp;&nbsp;&nbsp; 12100 | 10754213 |
| Sirius XM Radio Inc., 3.13%, 09/01/26<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 19513 | 19079992 |
| TEGNA Inc., 4.75%, 03/15/26<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 5572 | 5557567 |
|  |  | 65998988 |
| **Mining — 2.6%** | **Mining — 2.6%** | **Mining — 2.6%** |
| Hudbay Minerals Inc., 4.50%, 04/01/26<sup>(f)</sup> | &nbsp;&nbsp;&nbsp; 8856 | 8791099 |
| Novelis Corp., 3.25%, 11/15/26<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 15045 | 14801883 |
|  |  | 23592982 |
| **Oil & Gas — 4.0%** | **Oil & Gas — 4.0%** | **Oil & Gas — 4.0%** |
| &nbsp;&nbsp;&nbsp; Calumet Specialty Products Partners LP/Calumet <br> Finance Corp., 11.00%, 04/15/26<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp; 2962 | 2956174 |
| Civitas Resources Inc., 5.00%, 10/15/26<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 8164 | 8076966 |
| &nbsp;&nbsp;&nbsp; Permian Resources Operating LLC, 5.38%, <br> 01/15/26<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp; 5290 | 5284816 |
| SM Energy Co., 6.75%, 09/15/26 | &nbsp;&nbsp;&nbsp; 9013 | 9034405 |
| Strathcona Resources Ltd., 6.88%, 08/01/26<sup>(b)(c)</sup> | &nbsp;&nbsp;&nbsp; 10331 | 10346089 |
|  |  | 35698450 |
| **Packaging & Containers — 2.8%** | **Packaging & Containers — 2.8%** | **Packaging & Containers — 2.8%** |
| &nbsp;&nbsp;&nbsp; Ardagh Packaging Finance PLC/Ardagh Holdings <br> USA Inc., 4.13%, 08/15/26<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp; 4687 | 4629156 |
| Ball Corp., 4.88%, 03/15/26<sup>(c)</sup> | &nbsp;&nbsp;&nbsp; 5309 | 5289639 |
| Berry Global Inc., 1.57%, 01/15/26 | &nbsp;&nbsp;&nbsp; 500 | 492266 |
| &nbsp;&nbsp;&nbsp; Crown Americas LLC/Crown Americas Capital Corp. <br> V, 4.25%, 09/30/26<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp; 8072 | 7981356 |
| Crown Cork & Seal Co. Inc., 7.38%, 12/15/26 | &nbsp;&nbsp;&nbsp; 6290 | 6480381 |
|  |  | 24872798 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Pharmaceuticals — 0.2%** | **Pharmaceuticals — 0.2%** | **Pharmaceuticals — 0.2%** |
| CVS Health Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 2.88%, 06/01/26 | &nbsp;&nbsp;&nbsp; $500 | $492930 |
| &nbsp;&nbsp;&nbsp; 5.00%, 02/20/26 | &nbsp;&nbsp;&nbsp; 500 | 500144 |
| &nbsp;&nbsp;&nbsp; Shire Acquisitions Investments Ireland DAC, 3.20%, <br> 09/23/26<br>| &nbsp;&nbsp;&nbsp; 500 | 492934 |
|  |  | 1486008 |
| **Pipelines — 3.3%** | **Pipelines — 3.3%** | **Pipelines — 3.3%** |
| &nbsp;&nbsp;&nbsp; Blue Racer Midstream LLC/Blue Racer Finance Corp., <br> 6.63%, 07/15/26<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp; 6501 | 6502348 |
| Buckeye Partners LP, 3.95%, 12/01/26 | &nbsp;&nbsp;&nbsp; 13337 | 13114462 |
| Energy Transfer LP, 6.05%, 12/01/26 | &nbsp;&nbsp;&nbsp; 300 | 305276 |
| NuStar Logistics LP, 6.00%, 06/01/26<sup>(c)</sup> | &nbsp;&nbsp;&nbsp; 10230 | 10262651 |
|  |  | 30184737 |
| **Real Estate Investment Trusts — 7.7%** | **Real Estate Investment Trusts — 7.7%** | **Real Estate Investment Trusts — 7.7%** |
| American Tower Corp., 3.38%, 10/15/26 | &nbsp;&nbsp;&nbsp; 300 | 295940 |
| &nbsp;&nbsp;&nbsp; Brookfield Property REIT Inc./BPR Cumulus LLC/BPR <br> Nimbus LLC/GGSI Sellco LLC, 5.75%, <br> 05/15/26<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp; 16519 | 16466157 |
| Diversified Healthcare Trust, 0.00%, 01/15/26<sup>(b)(g)</sup> | &nbsp;&nbsp;&nbsp; 12668 | 12309056 |
| RLJ Lodging Trust LP, 3.75%, 07/01/26<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 10379 | 10220671 |
| Service Properties Trust |  |  |
| &nbsp;&nbsp;&nbsp; 4.75%, 10/01/26 | &nbsp;&nbsp;&nbsp; 9756 | 9593263 |
| &nbsp;&nbsp;&nbsp; 5.25%, 02/15/26 | &nbsp;&nbsp;&nbsp; 6166 | 6119627 |
| Starwood Property Trust Inc., 3.63%, 07/15/26<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 7442 | 7300777 |
| Vornado Realty LP, 2.15%, 06/01/26 | &nbsp;&nbsp;&nbsp; 7647 | 7433279 |
|  |  | 69738770 |
| **Retail — 6.8%** | **Retail — 6.8%** | **Retail — 6.8%** |
| Advance Auto Parts Inc., 5.90%, 03/09/26<sup>(c)</sup> | &nbsp;&nbsp;&nbsp; 5908 | 5964314 |
| CEC Entertainment LLC, 6.75%, 05/01/26<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 13542 | 13460657 |
| &nbsp;&nbsp;&nbsp; Ferrellgas LP/Ferrellgas Finance Corp., 5.38%, <br> 04/01/26<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp; 13134 | 13030596 |
| Guitar Center Inc., 8.50%, 01/15/26<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 4484 | 3702667 |
| Walgreens Boots Alliance Inc., 3.45%, 06/01/26 | &nbsp;&nbsp;&nbsp; 25365 | 25111522 |
|  |  | 61269756 |
| **Semiconductors — 0.1%** | **Semiconductors — 0.1%** | **Semiconductors — 0.1%** |
| Intel Corp., 4.88%, 02/10/26 | &nbsp;&nbsp;&nbsp; 500 | 500073 |
| **Software — 1.2%** | **Software — 1.2%** | **Software — 1.2%** |
| Fair Isaac Corp., 5.25%, 05/15/26<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 7483 | 7473861 |
| Fiserv Inc., 3.20%, 07/01/26 | &nbsp;&nbsp;&nbsp; 1000 | 987885 |
| Oracle Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 1.65%, 03/25/26 | &nbsp;&nbsp;&nbsp; 1000 | 980454 |
| &nbsp;&nbsp;&nbsp; 2.65%, 07/15/26 | &nbsp;&nbsp;&nbsp; 1000 | 982218 |
|  |  | 10424418 |
| **Telecommunications — 2.8%** | **Telecommunications — 2.8%** | **Telecommunications — 2.8%** |
| AT&T Inc., 1.70%, 03/25/26 | &nbsp;&nbsp;&nbsp; 1000 | 981764 |
| Hughes Satellite Systems Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 5.25%, 08/01/26<sup>(c)</sup> | &nbsp;&nbsp;&nbsp; 13890 | 12840424 |
| &nbsp;&nbsp;&nbsp; 6.63%, 08/01/26<sup>(c)</sup> | &nbsp;&nbsp;&nbsp; 13830 | 10506193 |
| Sprint LLC, 7.63%, 03/01/26 | &nbsp;&nbsp;&nbsp; 500 | 503424 |
|  |  | 24831805 |
| **Transportation — 0.0%** | **Transportation — 0.0%** | **Transportation — 0.0%** |
| Canadian Pacific Railway Co., 1.75%, 12/02/26 | &nbsp;&nbsp;&nbsp; 300 | 289597 |
| **Total Corporate Bonds & Notes — 97.3%** <br>**(Cost: $878,024,172)** | **Total Corporate Bonds & Notes — 97.3%** <br>**(Cost: $878,024,172)** | 877972089 |

---

------

Schedule of Investments (unaudited)(continued)

July 31, 2025

**iShares® iBonds® 2026 Term High Yield and Income ETF**

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

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Floating Rate Loan Interests**<sup>(h)</sup> | **Floating Rate Loan Interests**<sup>(h)</sup> | **Floating Rate Loan Interests**<sup>(h)</sup> |
| **Media — 0.6%** | **Media — 0.6%** | **Media — 0.6%** |
| &nbsp;&nbsp;&nbsp; Radiate Holdco, LLC, 2025 FLFO Term Loan, (1-mo. <br> CME Term SOFR at 0.00% Floor + 3.50%, 1.50% <br> PIK), 9.47%, 09/25/29<sup>(i)</sup><br>| &nbsp;&nbsp;&nbsp; $6078 | $5259155 |
| **Total Floating Rate Loan Interests — 0.6%** <br>**(Cost: $5,343,339)** | **Total Floating Rate Loan Interests — 0.6%** <br>**(Cost: $5,343,339)** | 5259155 |
|  | &nbsp;&nbsp; *Shares* |  |
| **Common Stocks** | **Common Stocks** | **Common Stocks** |
| **Aerospace & Defense — 0.0%** | **Aerospace & Defense — 0.0%** | **Aerospace & Defense — 0.0%** |
| Incora Top Holdco LLC, NVS<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1069 | 25795 |
| **Total Common Stocks — 0.0%** <br>**(Cost $59,520)** | **Total Common Stocks — 0.0%** <br>**(Cost $59,520)** | 25795 |
| **Total Long-Term Investments — 97.9%** <br>**(Cost: $883,427,031)** | **Total Long-Term Investments — 97.9%** <br>**(Cost: $883,427,031)** | 883257039 |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 10.6%** | **Money Market Funds — 10.6%** | **Money Market Funds — 10.6%** |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Institutional, SL Agency <br> Shares, 4.44%<sup>(j)(k)(l)</sup><br>| &nbsp;&nbsp;&nbsp; 80365698 | 80397845 |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL Agency Shares, <br> 4.30%<sup>(j)(k)</sup><br>| &nbsp;&nbsp;&nbsp; 15200000 | 15200000 |
| **Total Short-Term Securities — 10.6%** <br>**(Cost: $95,592,681)** | **Total Short-Term Securities — 10.6%** <br>**(Cost: $95,592,681)** | 95597845 |
| **Total Investments — 108.5%** <br>**(Cost: $979,019,712)** | **Total Investments — 108.5%** <br>**(Cost: $979,019,712)** | 978854884 |
| **Liabilities in Excess of Other Assets — (8.5)%** | **Liabilities in Excess of Other Assets — (8.5)%** | (76649152)<br>|
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | $902205732 |

---

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

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

<sup>(b)</sup> Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors. 

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

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

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

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

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

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

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

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

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Fund during the period ended 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* | &nbsp;&nbsp; *Capital* <br>*Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Institutional, SL <br> Agency Shares<br>| $45440381<br> $34971269 <br><sup>(a)</sup><br>| $— | $(6456)<br>| $(7349)<br>| $80397845 | 80365698 | $411991 <br><sup>(b)</sup><br>| $— |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL <br> Agency Shares<br>| &nbsp;&nbsp;&nbsp; 8660000<br> 6540000 <br><sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; 15200000 | 15200000 | &nbsp;&nbsp;&nbsp;&nbsp; 862766 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
|  |  |  | $(6456) | $(7349) | $95597845 |  | $1274757 | $— |

---

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

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

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

------

Schedule of Investments (unaudited)(continued)

July 31, 2025

**iShares® iBonds® 2026 Term High Yield and Income 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; $877950421 | &nbsp;&nbsp; $21668 | &nbsp;&nbsp; $877972089 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Floating Rate Loan Interests | &nbsp;&nbsp; — | &nbsp;&nbsp; 5259155 | &nbsp;&nbsp; — | &nbsp;&nbsp; 5259155 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common Stocks | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 25795 | &nbsp;&nbsp; 25795 |
| &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; 95597845 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 95597845 |
|  | &nbsp;&nbsp; $95597845 | &nbsp;&nbsp; $883209576 | &nbsp;&nbsp; $47463 | &nbsp;&nbsp; $978854884 |

---

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

---

| | |
|:---|:---|
| **Portfolio Abbreviation** | **Portfolio Abbreviation** |
| NVS | Non-Voting Shares |
| PIK | Payment-in-kind |
| REIT | Real Estate Investment Trust |
| SOFR | Secured Overnight Financing Rate |

---

------

## 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 2026 Term High Yield and Income ETF

- **b. EDGAR series identifier (if any):** S000069852

- **c. LEI of Series:** 549300XKDXRNM5M5I633

**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:** $1044539852.28

**Total Liabilities:** $142326948.65

**Net Assets:** $902212903.63

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 197.45000000 | **1-Year:** 1733.73000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

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

- **3-Month:** 4470.93000000 | **1-Year:** 62094.59000000 | **5-Year:** 795.17000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000222633 | 0.73%                | 0.73%                | 0.83%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $8142.85                 | $1157412.32                                |
| Month 2  | $-1121505.10             | $2515782.04                                |
| Month 3  | $296211.39               | $1865618.08                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ARDAGH PKG FIN/HLDGS USA                       | Ardagh Packaging Finance PLC / Ardagh Holdings USA Inc                           | CUSIP: 03969AAN0<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |   4687000 | PA      | $4629155.76   | 0.51%             | 2026-08-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Ball Corp                                      | Ball Corp                                                                        | CUSIP: 058498AV8<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | DBT              | CORP              | US        |   5309000 | PA      | $5289639.46   | 0.59%             | 2026-03-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| CROWN AMER/CAP CORP V                          | Crown Americas LLC / Crown Americas Capital Corp V                               | CUSIP: 22819KAB6<br>LEI: RPPGGRL1J75WGF2DFO04 | Long             | DBT              | CORP              | US        |   8072000 | PA      | $7981355.80   | 0.88%             | 2026-09-30      | Fixed         | 4.25%                 | No            |                  2 | On Loan: —       |
| HUGHES SATELLITE SYSTEMS                       | Hughes Satellite Systems Corp                                                    | CUSIP: 444454AD4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  13890000 | PA      | $12840423.96  | 1.42%             | 2026-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| BAFFINLAND IRON CORP/LP                        | Baffinland Iron Mines Corp / Baffinland Iron Mines LP                            | CUSIP: 056623AA9<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   9728000 | PA      | $9183293.29   | 1.02%             | 2026-07-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| WORLD ACCEPTANCE CORP                          | World Acceptance Corp                                                            | CUSIP: 981419AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5516000 | PA      | $5612530.39   | 0.62%             | 2026-11-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| MELCO RESORTS FINANCE                          | Melco Resorts Finance Ltd                                                        | CUSIP: 000000000<br>LEI: 5493000FQDBWKDBZEF60 | Long             | DBT              | CORP              | KY        |   9116000 | PA      | $9101046.02   | 1.01%             | 2026-04-26      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| WALGREENS BOOTS ALLIANCE                       | Walgreens Boots Alliance Inc                                                     | CUSIP: 931427AQ1<br>LEI: 549300RPTUOIXG4LIH86 | Long             | DBT              | CORP              | US        |  25365000 | PA      | $25111521.72  | 2.78%             | 2026-06-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                   | Barclays PLC                                                                     | CUSIP: 06738EAN5<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $998886.23    | 0.11%             | 2026-01-12      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| BROOKFIELD PPTY REIT INC                       | Brookfield Property REIT Inc / BPR Cumulus LLC / BPR Nimbus LLC / GGSI Sellco LL | CUSIP: 11284DAA3<br>LEI: N/A                  | Long             | DBT              |  | US        |  16519000 | PA      | $16466156.88  | 1.83%             | 2026-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| Radiate Holdco LLC                             | Radiate Holdco LLC 2025 FLFO Term Loan                                           | CUSIP: 000000000<br>LEI: 5493000GQJ5RDX9DNJ71 | Long             | LON              | CORP              | US        |   6078191 | PA      | $5259154.65   | 0.58%             | 2029-09-25      | Floating      | 7.97%                 | No            |                  2 | On Loan: No      |
| AIR CANADA 2020-1C PTT                         | Air Canada 2020-1 Class C Pass Through Trust                                     | CUSIP: 008911BD0<br>LEI: N/A                  | Long             | DBT              | CORP              | CA        |   5412000 | PA      | $5660562.71   | 0.63%             | 2026-07-15      | Fixed         | 10.50%                | No            |                  2 | On Loan: —       |
| SLM CORP                                       | SLM Corp                                                                         | CUSIP: 78442PGE0<br>LEI: 4K8SLPBF5DXXGPW03H93 | Long             | DBT              | CORP              | US        |  10421000 | PA      | $10171163.19  | 1.13%             | 2026-11-02      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                        | Dell International LLC / EMC Corp                                                | CUSIP: 24703TAE6<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |    500000 | PA      | $501591.38    | 0.06%             | 2026-10-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| AIR CANADA                                     | Air Canada                                                                       | CUSIP: 008911BK4<br>LEI: 4B4HI3CGXMBDC0G6BM51 | Long             | DBT              | CORP              | CA        |  21419000 | PA      | $21204118.17  | 2.35%             | 2026-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ADVANCE AUTO PARTS                             | Advance Auto Parts Inc                                                           | CUSIP: 00751YAH9<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | DBT              | CORP              | US        |   5908000 | PA      | $5964313.70   | 0.66%             | 2026-03-09      | Fixed         | 5.90%                 | No            |                  2 | On Loan: —       |
| AERCAP IRELAND CAP/GLOBA                       | AerCap Ireland Capital DAC / AerCap Global Aviation Trust                        | CUSIP: 00774MAV7<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   1000000 | PA      | $973834.93    | 0.11%             | 2026-10-29      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                         | Albertsons Cos Inc / Safeway Inc / New Albertsons LP / Albertsons LLC            | CUSIP: 013092AF8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  15605000 | PA      | $15430672.02  | 1.71%             | 2026-03-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                         | General Motors Financial Co Inc                                                  | CUSIP: 37045XEF9<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    500000 | PA      | $502023.21    | 0.06%             | 2026-04-06      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| BLUE RACER MID LLC/FINAN                       | Blue Racer Midstream LLC / Blue Racer Finance Corp                               | CUSIP: 095796AE8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6501000 | PA      | $6502347.33   | 0.72%             | 2026-07-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| PERMIAN RESOURC OPTG LLC                       | Permian Resources Operating LLC                                                  | CUSIP: 15138AAA8<br>LEI: 5493004CTVUMQLRPOE23 | Long             | DBT              | CORP              | US        |   5290000 | PA      | $5284815.69   | 0.59%             | 2026-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SPRINT LLC                                     | Sprint LLC                                                                       | CUSIP: 85207UAK1<br>LEI: 549300ZTTY7CXOLJ6539 | Long             | DBT              | CORP              | US        |    500000 | PA      | $503424.66    | 0.06%             | 2026-03-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| GGAM FINANCE LTD                               | GGAM Finance Ltd                                                                 | CUSIP: 36170JAB2<br>LEI: 254900X2QXEN0FVXRF65 | Long             | DBT              | CORP              | KY        |   7322000 | PA      | $7374874.07   | 0.82%             | 2026-05-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| AT&T INC                                       | AT&T Inc                                                                         | CUSIP: 00206RML3<br>LEI: 549300Z40J86GGSTL398 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $981763.96    | 0.11%             | 2026-03-25      | Fixed         | 1.70%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS SANDS CORP                           | Las Vegas Sands Corp                                                             | CUSIP: 517834AE7<br>LEI: 549300DUOO1KXOHPM605 | Long             | DBT              | CORP              | US        |    300000 | PA      | $295238.33    | 0.03%             | 2026-08-18      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FXI HOLDINGS INC                               | FXI Holdings Inc                                                                 | CUSIP: 36120RAE9<br>LEI: 549300VLKCUZW3MSVS50 | Long             | DBT              | CORP              | US        |   8793000 | PA      | $7867836.50   | 0.87%             | 2026-11-15      | Fixed         | 12.25%                | No            |                  2 | On Loan: —       |
| NuStar Logistics LP                            | NuStar Logistics LP                                                              | CUSIP: 67059TAF2<br>LEI: N62BF2PKP51FIIOIUN20 | Long             | DBT              | CORP              | US        |  10230000 | PA      | $10262651.30  | 1.14%             | 2026-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Buckeye Partners LP                            | Buckeye Partners LP                                                              | CUSIP: 118230AQ4<br>LEI: 549300C1PQJLVEIUBK50 | Long             | DBT              | CORP              | US        |  13337000 | PA      | $13114462.02  | 1.45%             | 2026-12-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| MOLSON COORS BEVERAGE                          | Molson Coors Beverage Co                                                         | CUSIP: 60871RAG5<br>LEI: 54930073LBBH6ZCBE225 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $985195.07    | 0.11%             | 2026-07-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SCOTTS MIRACLE-GRO CO                          | Scotts Miracle-Gro Co/The                                                        | CUSIP: 810186AP1<br>LEI: 2TH9E0JTOUXOEGI2R879 | Long             | DBT              | CORP              | US        |   4551000 | PA      | $4551520.00   | 0.50%             | 2026-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| Crown Cork & Seal Co Inc                       | Crown Cork & Seal Co Inc                                                         | CUSIP: 228255AH8<br>LEI: 7HLDMDH0ZXNUH6PT7Z42 | Long             | DBT              | CORP              | US        |   6290000 | PA      | $6480381.07   | 0.72%             | 2026-12-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| American Tower Corp                            | American Tower Corp                                                              | CUSIP: 03027XAK6<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              | CORP              | US        |    300000 | PA      | $295939.91    | 0.03%             | 2026-10-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Graham Holdings Co                             | Graham Holdings Co                                                               | CUSIP: 384637AA2<br>LEI: 529900BOSCEEEMAFQJ29 | Long             | DBT              | CORP              | US        |   6952000 | PA      | $6957723.65   | 0.77%             | 2026-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| INCORA TOP HOLDCO LLC 6 31JA                   | INCORA TOP HOLDCO LLC 6 31JA                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     22439 | PA      | $21667.44     | 0.00%             | 2033-01-31      | Fixed         | 6.00%                 | No            |                  3 | On Loan: No      |
| Western Digital Corp                           | Western Digital Corp                                                             | CUSIP: 958102AM7<br>LEI: 549300QQXOOYEF89IC56 | Long             | DBT              | CORP              | US        |   9502000 | PA      | $9479510.10   | 1.05%             | 2026-02-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| NISSAN MOTOR ACCEPTANCE                        | Nissan Motor Acceptance Co LLC                                                   | CUSIP: 65480CAE5<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |   5269000 | PA      | $5345471.16   | 0.59%             | 2026-09-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| FXI HOLDINGS INC                               | FXI Holdings Inc                                                                 | CUSIP: 35166FAA0<br>LEI: 549300VLKCUZW3MSVS50 | Long             | DBT              | CORP              | US        |  11880000 | PA      | $10631298.07  | 1.18%             | 2026-11-15      | Fixed         | 12.25%                | No            |                  2 | On Loan: —       |
| GENERAL MOTORS FINL CO                         | General Motors Financial Co Inc                                                  | CUSIP: 37045XDD5<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |    500000 | PA      | $492477.08    | 0.05%             | 2026-01-08      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                       | Lloyds Banking Group PLC                                                         | CUSIP: 53944YAB9<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    500000 | PA      | $499219.13    | 0.06%             | 2026-03-24      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| XPLR INFRAST OPERATING                         | XPLR Infrastructure Operating Partners LP                                        | CUSIP: 65342QAL6<br>LEI: 549300KJEC5IUVJWR786 | Long             | DBT              | CORP              | US        |  10607000 | PA      | $10356664.19  | 1.15%             | 2026-10-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: —       |
| ROCKETMTGE CO-ISSUER INC                       | Rocket Mortgage LLC / Rocket Mortgage Co-Issuer Inc                              | CUSIP: 77313LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  24293000 | PA      | $23693274.34  | 2.63%             | 2026-10-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: —       |
| AIR LEASE CORP                                 | Air Lease Corp                                                                   | CUSIP: 00914AAM4<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    300000 | PA      | $291576.92    | 0.03%             | 2026-08-15      | Fixed         | 1.88%                 | No            |                  2 | On Loan: No      |
| BlackRock Funds III                            | BlackRock Cash Funds: Institutional, SL Agency Shares                            | CUSIP: 066922519<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |  70681712 | NS      | $70709984.62  | 7.84%             |  |  |  | No            |                  1 | On Loan: No      |
| PROSPECT CAPITAL CORP                          | Prospect Capital Corp                                                            | CUSIP: 74348TAV4<br>LEI: 549300FSD8T39P5Q0O47 | Long             | DBT              | CORP              | US        |   6145000 | PA      | $5897243.68   | 0.65%             | 2026-11-15      | Fixed         | 3.36%                 | No            |                  2 | On Loan: —       |
| BAT INTL FINANCE PLC                           | BAT International Finance PLC                                                    | CUSIP: 05530QAN0<br>LEI: 21380041YBGOQDFAC823 | Long             | DBT              | CORP              | GB        |    500000 | PA      | $490336.58    | 0.05%             | 2026-03-25      | Fixed         | 1.67%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank UA                       | Cooperatieve Rabobank UA                                                         | CUSIP: 21684AAF3<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |    500000 | PA      | $495762.34    | 0.05%             | 2026-07-21      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| LIVE NATION ENTERTAINMEN                       | Live Nation Entertainment Inc                                                    | CUSIP: 538034AN9<br>LEI: 5493007B9BM9ZXJINO78 | Long             | DBT              | CORP              | US        |   6117000 | PA      | $6117987.83   | 0.68%             | 2026-03-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                       | Service Properties Trust                                                         | CUSIP: 44106MBA9<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |   9756000 | PA      | $9593263.38   | 1.06%             | 2026-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| EMPIRE RESORTS INC                             | Empire Resorts Inc                                                               | CUSIP: 292052AF4<br>LEI: 549300WBFN23L9HI5N68 | Long             | DBT              | CORP              | US        |   6172000 | PA      | $6092475.82   | 0.68%             | 2026-11-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| BLOCK INC                                      | Block Inc                                                                        | CUSIP: 852234AN3<br>LEI: 549300OHIIUWSTIZME52 | Long             | DBT              | CORP              | US        |  21283000 | PA      | $20866472.54  | 2.31%             | 2026-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| HERTZ CORP/THE                                 | Hertz Corp/The                                                                   | CUSIP: 428040DA4<br>LEI: 549300PD0C69OJ0NLB27 | Long             | DBT              | CORP              | US        |  10000000 | PA      | $9043432.20   | 1.00%             | 2026-12-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: —       |
| DISH DBS Corp                                  | DISH DBS Corp                                                                    | CUSIP: 25470XAY1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  12100000 | PA      | $10754212.59  | 1.19%             | 2026-07-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                  | Citigroup Inc                                                                    | CUSIP: 172967KJ9<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    500000 | PA      | $499475.97    | 0.06%             | 2026-03-09      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| INNOVATE Corp                                  | INNOVATE Corp                                                                    | CUSIP: 404139AJ6<br>LEI: 549300S6O246JWQQ1K58 | Long             | DBT              | CORP              | US        |   5617000 | PA      | $4925291.39   | 0.55%             | 2026-02-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: —       |
| NOVELIS CORP                                   | Novelis Corp                                                                     | CUSIP: 670001AG1<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |  15045000 | PA      | $14801883.03  | 1.64%             | 2026-11-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Under Armour Inc                               | Under Armour Inc                                                                 | CUSIP: 904311AA5<br>LEI: 549300D4549QKWETZ406 | Long             | DBT              | CORP              | US        |  10505000 | PA      | $10332208.09  | 1.15%             | 2026-06-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                         | CCO Holdings LLC / CCO Holdings Capital Corp                                     | CUSIP: 1248EPBR3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  14783000 | PA      | $14758578.63  | 1.64%             | 2026-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| DISH DBS CORP                                  | DISH DBS Corp                                                                    | CUSIP: 25470XBE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  16850000 | PA      | $15848637.53  | 1.76%             | 2026-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| STRATHCONA RESOURCES                           | Strathcona Resources Ltd/Alberta                                                 | CUSIP: 86304TAA6<br>LEI: 549300YNIUISTSZMLF56 | Long             | DBT              | CORP              | CA        |  10331000 | PA      | $10346088.53  | 1.15%             | 2026-08-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: —       |
| MILLENNIUM ESCROW CORP                         | Millennium Escrow Corp                                                           | CUSIP: 60041CAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  13625000 | PA      | $12901124.05  | 1.43%             | 2026-08-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| FORD MOTOR COMPANY                             | Ford Motor Co                                                                    | CUSIP: 345370CR9<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |    300000 | PA      | $297941.61    | 0.03%             | 2026-12-08      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| SM Energy Co                                   | SM Energy Co                                                                     | CUSIP: 78454LAN0<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | DBT              | CORP              | US        |   9013000 | PA      | $9034404.97   | 1.00%             | 2026-09-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CIVITAS RESOURCES INC                          | Civitas Resources Inc                                                            | CUSIP: 097793AE3<br>LEI: IIVIHPH28S64K95M2381 | Long             | DBT              | CORP              | US        |   8164000 | PA      | $8076966.37   | 0.90%             | 2026-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HUDBAY MINERALS INC                            | Hudbay Minerals Inc                                                              | CUSIP: 000000000<br>LEI: 894500LX3TMESP27BE29 | Long             | DBT              | CORP              | CA        |   8856000 | PA      | $8791098.45   | 0.97%             | 2026-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                      | Boeing Co/The                                                                    | CUSIP: 097023DG7<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   2000000 | PA      | $1973608.94   | 0.22%             | 2026-02-04      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                 | Morgan Stanley                                                                   | CUSIP: 6174467Y9<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $997367.70    | 0.11%             | 2026-09-08      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                                    | Southern Co/The                                                                  | CUSIP: 842587CV7<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |    500000 | PA      | $494550.49    | 0.05%             | 2026-07-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                             | Energy Transfer LP                                                               | CUSIP: 29273VAR1<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    300000 | PA      | $305276.06    | 0.03%             | 2026-12-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| BERRY GLOBAL INC                               | Berry Global Inc                                                                 | CUSIP: 08576PAH4<br>LEI: 549300AP2Q7ERHX6RI89 | Long             | DBT              | CORP              | US        |    500000 | PA      | $492265.70    | 0.05%             | 2026-01-15      | Fixed         | 1.57%                 | No            |                  2 | On Loan: No      |
| NATIONSTAR MTG HLD INC                         | Nationstar Mortgage Holdings Inc                                                 | CUSIP: 43734LAA4<br>LEI: 549300DQF6YN0E43PM71 | Long             | DBT              | CORP              | US        |  10172000 | PA      | $10148794.41  | 1.12%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO LLC                            | Sirius XM Radio LLC                                                              | CUSIP: 82967NBL1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |  19513000 | PA      | $19079991.90  | 2.11%             | 2026-09-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Incora Top Holdco LLC                          | Incora Top Holdco LLC                                                            | CUSIP: 45338U101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1069 | NS      | $25794.97     | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| MGM RESORTS INTL                               | MGM Resorts International                                                        | CUSIP: 552953CD1<br>LEI: 54930066VBP7DZEGGJ87 | Long             | DBT              | CORP              | US        |   8057000 | PA      | $8028784.79   | 0.89%             | 2026-09-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CAPITAL HOLDIN                       | Jefferson Capital Holdings LLC                                                   | CUSIP: 472481AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5427000 | PA      | $5415607.80   | 0.60%             | 2026-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SERVICE PROPERTIES TRUST                       | Service Properties Trust                                                         | CUSIP: 44106MAV4<br>LEI: 529900IS770AG1K9QG27 | Long             | DBT              |  | US        |   6166000 | PA      | $6119626.87   | 0.68%             | 2026-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                       | Capital One Financial Corp                                                       | CUSIP: 14040HBK0<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    500000 | PA      | $495320.50    | 0.05%             | 2026-07-28      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                  | Citigroup Inc                                                                    | CUSIP: 172967JC6<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    300000 | PA      | $298882.93    | 0.03%             | 2026-11-20      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| HCA Inc                                        | HCA Inc                                                                          | CUSIP: 404119BT5<br>LEI: L3CJ6J7LJ2DX62FTXD46 | Long             | DBT              | CORP              | US        |    500000 | PA      | $500563.24    | 0.06%             | 2026-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE                        | Nissan Motor Acceptance Co LLC                                                   | CUSIP: 65480CAC9<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |  14065000 | PA      | $13492405.41  | 1.50%             | 2026-09-16      | Fixed         | 1.85%                 | No            |                  2 | On Loan: —       |
| TEGNA INC                                      | TEGNA Inc                                                                        | CUSIP: 87901JAF2<br>LEI: 549300YC5EDBGX85AO10 | Long             | DBT              | CORP              | US        |   5572000 | PA      | $5557567.13   | 0.62%             | 2026-03-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| WYNN MACAU LTD                                 | Wynn Macau Ltd                                                                   | CUSIP: 98313RAG1<br>LEI: 254900NMDQ8ENTHU1I31 | Long             | DBT              | CORP              | KY        |  20360000 | PA      | $20339672.17  | 2.25%             | 2026-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| RLJ LODGING TRUST LP                           | RLJ Lodging Trust LP                                                             | CUSIP: 74965LAA9<br>LEI: 549300RX5I8Z6I6LDZ74 | Long             | DBT              |  | US        |  10379000 | PA      | $10220670.74  | 1.13%             | 2026-07-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                    | Oracle Corp                                                                      | CUSIP: 68389XCC7<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $980454.24    | 0.11%             | 2026-03-25      | Fixed         | 1.65%                 | No            |                  2 | On Loan: No      |
| IQVIA Inc                                      | IQVIA Inc                                                                        | CUSIP: 449934AD0<br>LEI: 549300PLWY28YB00C717 | Long             | DBT              | CORP              | US        |  22303000 | PA      | $22243477.31  | 2.47%             | 2026-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SCIL IV LLC / SCIL USA H                       | SCIL IV LLC / SCIL USA Holdings LLC                                              | CUSIP: 78397UAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  15145000 | PA      | $15051678.93  | 1.67%             | 2026-11-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| VORNADO REALTY LP                              | Vornado Realty LP                                                                | CUSIP: 929043AK3<br>LEI: 549300BMOJ05INE4YK86 | Long             | DBT              |  | US        |   7647000 | PA      | $7433278.89   | 0.82%             | 2026-06-01      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| FISERV INC                                     | Fiserv Inc                                                                       | CUSIP: 337738AT5<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $987884.69    | 0.11%             | 2026-07-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| ARES CAPITAL CORP                              | Ares Capital Corp                                                                | CUSIP: 04010LAZ6<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |    300000 | PA      | $298543.70    | 0.03%             | 2026-01-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO                            | Travel + Leisure Co                                                              | CUSIP: 98310WAS7<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |  13087000 | PA      | $13186744.01  | 1.46%             | 2026-07-31      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| STARWOOD PROPERTY TRUST                        | Starwood Property Trust Inc                                                      | CUSIP: 85571BAU9<br>LEI: BUGSFQZERKRBFWIG5267 | Long             | DBT              |  | US        |   7442000 | PA      | $7300776.66   | 0.81%             | 2026-07-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| OMNICOM GP/OMNICOM CAP                         | Omnicom Group Inc / Omnicom Capital Inc                                          | CUSIP: 68217FAA0<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | DBT              | CORP              | US        |    500000 | PA      | $495988.48    | 0.05%             | 2026-04-15      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| AMERICAN AIRLINES/AADVAN                       | American Airlines Inc/AAdvantage Loyalty IP Ltd                                  | CUSIP: 00253XAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | XX        |  15237667 | PA      | $15220571.99  | 1.69%             | 2026-04-20      | Fixed         | 5.50%                 | No            |                  2 | On Loan: —       |
| GPD COS INC                                    | GPD Cos Inc                                                                      | CUSIP: 36260VAB6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2605185 | PA      | $2261514.02   | 0.25%             | 2029-12-31      | Fixed         | 12.50%                | No            |                  2 | On Loan: No      |
| AIR LEASE CORP                                 | Air Lease Corp                                                                   | CUSIP: 00914AAJ1<br>LEI: 5493004NW4M4P8TMMK63 | Long             | DBT              | CORP              | US        |    500000 | PA      | $495572.30    | 0.05%             | 2026-01-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| VISTRA CORP                                    | Vistra Operations Co LLC                                                         | CUSIP: 92840VAA0<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |  20155000 | PA      | $20137133.20  | 2.23%             | 2026-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FREEDOM MORTGAGE CORP                          | Freedom Mortgage Corp                                                            | CUSIP: 35640YAH0<br>LEI: 549300LYRWPSYPK6S325 | Long             | DBT              | CORP              | US        |  10132000 | PA      | $10155467.54  | 1.13%             | 2026-05-01      | Fixed         | 7.63%                 | 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        |  15200000 | NS      | $15200000.00  | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Fair Isaac Corp                                | Fair Isaac Corp                                                                  | CUSIP: 303250AE4<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | DBT              | CORP              | US        |   7483000 | PA      | $7473860.94   | 0.83%             | 2026-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HUGHES SATELLITE SYSTEMS                       | Hughes Satellite Systems Corp                                                    | CUSIP: 444454AF9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  13830000 | PA      | $10506192.81  | 1.16%             | 2026-08-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: —       |
| GUITAR CENTER INC                              | Guitar Center Inc                                                                | CUSIP: 40204BAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   4484000 | PA      | $3702667.48   | 0.41%             | 2026-01-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| CALUMET SPECIALTY PROD                         | Calumet Specialty Products Partners LP / Calumet Finance Corp                    | CUSIP: 131477AY7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2962000 | PA      | $2956174.22   | 0.33%             | 2026-04-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: —       |
| Tyson Foods Inc                                | Tyson Foods Inc                                                                  | CUSIP: 902494BJ1<br>LEI: WD6L6041MNRW1JE49D58 | Long             | DBT              | CORP              | US        |    300000 | PA      | $298752.02    | 0.03%             | 2026-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Spirit AeroSystems Inc                         | Spirit AeroSystems Inc                                                           | CUSIP: 85205TAG5<br>LEI: ZD2NBKV6GCC3UMGBM518 | Long             | DBT              | CORP              | US        |   5991000 | PA      | $5902829.19   | 0.65%             | 2026-06-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Barclays PLC                                   | Barclays PLC                                                                     | CUSIP: 06738EAP0<br>LEI: 213800LBQA1Y9L22JB70 | Long             | DBT              | CORP              | GB        |   1000000 | PA      | $1002593.25   | 0.11%             | 2026-05-12      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| CVS Health Corp                                | CVS Health Corp                                                                  | CUSIP: 126650CU2<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    500000 | PA      | $492930.15    | 0.05%             | 2026-06-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Oracle Corp                                    | Oracle Corp                                                                      | CUSIP: 68389XBM6<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $982218.29    | 0.11%             | 2026-07-15      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| DELL INT LLC / EMC CORP                        | Dell International LLC / EMC Corp                                                | CUSIP: 24703TAD8<br>LEI: 254900ZARLSVK41DKO78 | Long             | DBT              | CORP              | US        |   1000000 | PA      | $1008598.97   | 0.11%             | 2026-06-15      | Fixed         | 6.02%                 | No            |                  2 | On Loan: No      |
| CCM MERGER INC                                 | CCM Merger Inc                                                                   | CUSIP: 14985VAE1<br>LEI: 549300P77RSBKKFME089 | Long             | DBT              | CORP              | US        |   4807000 | PA      | $4807377.45   | 0.53%             | 2026-05-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: —       |
| ACADIAN ASSET MANAGEMENT                       | Acadian Asset Management Inc                                                     | CUSIP: 10948WAA1<br>LEI: 5493004FTLQNQTBOP608 | Long             | DBT              | CORP              | US        |   5741000 | PA      | $5683703.33   | 0.63%             | 2026-07-27      | Fixed         | 4.80%                 | No            |                  2 | On Loan: —       |
| INTEL CORP                                     | Intel Corp                                                                       | CUSIP: 458140CD0<br>LEI: KNX4USFCNGPY45LOCE31 | Long             | DBT              | CORP              | US        |    500000 | PA      | $500073.21    | 0.06%             | 2026-02-10      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| WASH MULTIFAM ACQ INC                          | WASH Multifamily Acquisition Inc                                                 | CUSIP: 93710WAA3<br>LEI: 549300AS7PRY5PHG6L12 | Long             | DBT              | CORP              | US        |  15564000 | PA      | $15568171.00  | 1.73%             | 2026-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| SHIRE ACQ INV IRELAND DA                       | Shire Acquisitions Investments Ireland DAC                                       | CUSIP: 82481LAD1<br>LEI: 549300XK5HGW68R8K327 | Long             | DBT              | CORP              | IE        |    500000 | PA      | $492934.37    | 0.05%             | 2026-09-23      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| CEC ENTERTAINMENT LLC                          | CEC Entertainment LLC                                                            | CUSIP: 125137AC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  13542000 | PA      | $13460657.27  | 1.49%             | 2026-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CELANESE US HOLDINGS LLC                       | Celanese US Holdings LLC                                                         | CUSIP: 15089QAK0<br>LEI: CD30XVRLT4QO00B1C706 | Long             | DBT              | CORP              | US        |   8185000 | PA      | $7886692.85   | 0.87%             | 2026-08-05      | Fixed         | 1.40%                 | No            |                  2 | On Loan: —       |
| ARES CAPITAL CORP                              | Ares Capital Corp                                                                | CUSIP: 04010LBA0<br>LEI: WEQ82666OJYSI5GUAB47 | Long             | DBT              | CORP              | US        |    300000 | PA      | $292905.08    | 0.03%             | 2026-07-15      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                           | OneMain Finance Corp                                                             | CUSIP: 85172FAN9<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |  11184000 | PA      | $11315488.50  | 1.25%             | 2026-03-15      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| Navient Corp                                   | Navient Corp                                                                     | CUSIP: 63938CAJ7<br>LEI: 54930067J0ZNOEBRW338 | Long             | DBT              | CORP              | US        |  10551000 | PA      | $10655925.37  | 1.18%             | 2026-06-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                              | HSBC Holdings PLC                                                                | CUSIP: 404280BH1<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    300000 | PA      | $299025.15    | 0.03%             | 2026-11-23      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CVS HEALTH CORP                                | CVS Health Corp                                                                  | CUSIP: 126650DS6<br>LEI: 549300EJG376EN5NQE29 | Long             | DBT              | CORP              | US        |    500000 | PA      | $500143.79    | 0.06%             | 2026-02-20      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR ACCEPTANCE                        | Nissan Motor Acceptance Co LLC                                                   | CUSIP: 654740BS7<br>LEI: 7D6DIU2QXTUJRFNNJA49 | Long             | DBT              | CORP              | US        |  10057000 | PA      | $9842882.95   | 1.09%             | 2026-03-09      | Fixed         | 2.00%                 | No            |                  2 | On Loan: —       |
| MGM China Holdings Ltd                         | MGM China Holdings Ltd                                                           | CUSIP: 55300RAB7<br>LEI: 529900VZFN87OS7WJM66 | Long             | DBT              | CORP              | KY        |  17915000 | PA      | $17922164.75  | 1.99%             | 2026-05-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| PRIME SECSRVC BRW/FINANC                       | Prime Security Services Borrower LLC / Prime Finance Inc                         | CUSIP: 74166MAC0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5609000 | PA      | $5632176.84   | 0.62%             | 2026-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: —       |
| CANADIAN PACIFIC RAILWAY                       | Canadian Pacific Railway Co                                                      | CUSIP: 13645RBE3<br>LEI: 54930036474DURYNB481 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $289597.26    | 0.03%             | 2026-12-02      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| FERRELLGAS LP/FERRELLGAS                       | Ferrellgas LP / Ferrellgas Finance Corp                                          | CUSIP: 315289AA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  13134000 | PA      | $13030596.15  | 1.44%             | 2026-04-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Duke Energy Corp                               | Duke Energy Corp                                                                 | CUSIP: 26441CAS4<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    500000 | PA      | $490055.42    | 0.05%             | 2026-09-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| ICAHN ENTERPRISES/FIN                          | Icahn Enterprises LP / Icahn Enterprises Finance Corp                            | CUSIP: 451102BT3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |  14731000 | PA      | $14640006.91  | 1.62%             | 2026-05-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| DIVERSIFIED HEALTHCARE T                       | Diversified Healthcare Trust                                                     | CUSIP: 25525PAC1<br>LEI: N/A                  | Long             | DBT              |  | US        |  12668000 | PA      | $12309056.40  | 1.36%             | 2026-01-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |

### Signature

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

**Name of Applicant:** iShares Trust

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer