# EDGAR Filing Document

**Accession Number:** 0001100663
**File Stem:** 0001410368-25-010123
**Filing Date:** 2025-9
**Character Count:** 70487
**Document Hash:** 193922ecc362b7d107ac6225ec93d766
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-010123.hdr.sgml**: 20250924

**ACCESSION NUMBER**: 0001410368-25-010123

**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:** 251338607

**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 2025 Term High Yield and Income ETF (Series ID: S000065345)

| Class ID   | Class Name                                         | Ticker Symbol   |
|:---|:---|:---|
| C000211404 | iShares iBonds 2025 Term High Yield and Income ETF | IBHE            |

## Nport-Ex

Schedule of Investments (unaudited)

July 31, 2025

**iShares® iBonds® 2025 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** |
| **Aerospace & Defense — 0.8%** | **Aerospace & Defense — 0.8%** | **Aerospace & Defense — 0.8%** |
| Boeing Co. (The), 2.60%, 10/30/25 | &nbsp;&nbsp;&nbsp; $3565 | $3544417 |
| RTX Corp., 3.95%, 08/16/25 | &nbsp;&nbsp;&nbsp; 755 | 754646 |
|  |  | 4299063 |
| **Agriculture — 0.0%** | **Agriculture — 0.0%** | **Agriculture — 0.0%** |
| Bunge Ltd. Finance Corp., 1.63%, 08/17/25 | &nbsp;&nbsp;&nbsp; 130 | 129754 |
| **Airlines — 0.3%** | **Airlines — 0.3%** | **Airlines — 0.3%** |
| &nbsp;&nbsp;&nbsp; United Airlines Pass-Through Trust, Series 2013-1, <br> Class A, 4.30%, 02/15/27<br>| &nbsp;&nbsp;&nbsp; 1547 | 1546614 |
| **Auto Manufacturers — 8.8%** | **Auto Manufacturers — 8.8%** | **Auto Manufacturers — 8.8%** |
| Ford Motor Credit Co. LLC |  |  |
| &nbsp;&nbsp;&nbsp; 3.38%, 11/13/25 | &nbsp;&nbsp;&nbsp; 8140 | 8093093 |
| &nbsp;&nbsp;&nbsp; 4.13%, 08/04/25 | &nbsp;&nbsp;&nbsp; 4951 | 4951000 |
| General Motors Co., 6.13%, 10/01/25<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4404 | 4408613 |
| General Motors Financial Co. Inc., 6.05%, 10/10/25 | &nbsp;&nbsp;&nbsp; 8245 | 8262002 |
| &nbsp;&nbsp;&nbsp; Jaguar Land Rover Automotive PLC, 7.75%, <br> 10/15/25<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp; 9275 | 9278683 |
| Nissan Motor Co. Ltd., 3.52%, 09/17/25<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 11405 | 11372522 |
|  |  | 46365913 |
| **Banks — 14.7%** | **Banks — 14.7%** | **Banks — 14.7%** |
| Banco Santander SA, 5.18%, 11/19/25 | &nbsp;&nbsp;&nbsp; 16633 | 16651788 |
| BankUnited Inc., 4.88%, 11/17/25<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3265 | 3261524 |
| Citigroup Inc., 5.50%, 09/13/25 | &nbsp;&nbsp;&nbsp; 5660 | 5661320 |
| Citizens Financial Group Inc., 4.30%, 12/03/25<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3416 | 3407844 |
| Cooperatieve Rabobank UA, 4.38%, 08/04/25 | &nbsp;&nbsp;&nbsp; 6410 | 6410000 |
| FNB Corp., 5.15%, 08/25/25 | &nbsp;&nbsp;&nbsp; 4180 | 4176904 |
| Goldman Sachs Group Inc. (The), 4.25%, 10/21/25 | &nbsp;&nbsp;&nbsp; 8690 | 8678389 |
| HSBC Holdings PLC, 4.25%, 08/18/25 | &nbsp;&nbsp;&nbsp; 2720 | 2718570 |
| KeyBank NA/Cleveland OH, 4.15%, 08/08/25 | &nbsp;&nbsp;&nbsp; 4220 | 4219303 |
| KeyCorp, 4.15%, 10/29/25<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4030 | 4022882 |
| Lloyds Banking Group PLC, 4.58%, 12/10/25 | &nbsp;&nbsp;&nbsp; 7560 | 7554612 |
| Morgan Stanley, 5.00%, 11/24/25 | &nbsp;&nbsp;&nbsp; 3970 | 3970408 |
| Synchrony Bank, 5.40%, 08/22/25 | &nbsp;&nbsp;&nbsp; 6702 | 6700165 |
| Synovus Financial Corp., 5.20%, 08/11/25 | &nbsp;&nbsp;&nbsp; 415 | 414840 |
|  |  | 77848549 |
| **Beverages — 0.6%** | **Beverages — 0.6%** | **Beverages — 0.6%** |
| Coca-Cola Consolidated Inc., 3.80%, 11/25/25 | &nbsp;&nbsp;&nbsp; 145 | 144471 |
| Constellation Brands Inc., 4.40%, 11/15/25 | &nbsp;&nbsp;&nbsp; 205 | 204762 |
| Keurig Dr Pepper Inc., 3.40%, 11/15/25 | &nbsp;&nbsp;&nbsp; 3045 | 3031928 |
|  |  | 3381161 |
| **Biotechnology — 2.0%** | **Biotechnology — 2.0%** | **Biotechnology — 2.0%** |
| Illumina Inc., 5.80%, 12/12/25 | &nbsp;&nbsp;&nbsp; 5675 | 5689415 |
| Royalty Pharma PLC, 1.20%, 09/02/25 | &nbsp;&nbsp;&nbsp; 4815 | 4796088 |
|  |  | 10485503 |
| **Building Materials — 0.0%** | **Building Materials — 0.0%** | **Building Materials — 0.0%** |
| Lennox International Inc., 1.35%, 08/01/25 | &nbsp;&nbsp;&nbsp; 220 | 220000 |
| **Chemicals — 2.1%** | **Chemicals — 2.1%** | **Chemicals — 2.1%** |
| DuPont de Nemours Inc., 4.49%, 11/15/25<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9520 | 9501350 |
| LYB International Finance III LLC, 1.25%, 10/01/25 | &nbsp;&nbsp;&nbsp; 390 | 387275 |
| Nutrien Ltd., 5.95%, 11/07/25 | &nbsp;&nbsp;&nbsp; 725 | 726678 |
| Sherwin-Williams Co. (The), 4.25%, 08/08/25 | &nbsp;&nbsp;&nbsp; 255 | 254974 |
|  |  | 10870277 |
| **Commercial Services — 0.4%** | **Commercial Services — 0.4%** | **Commercial Services — 0.4%** |
| Block Financial LLC, 5.25%, 10/01/25 | &nbsp;&nbsp;&nbsp; 190 | 189954 |
| Equifax Inc., 2.60%, 12/15/25<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2037 | 2020619 |
|  |  | 2210573 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Computers — 1.3%** | **Computers — 1.3%** | **Computers — 1.3%** |
| Hewlett Packard Enterprise Co., 4.90%, 10/15/25 | &nbsp;&nbsp;&nbsp; $6950 | $6948418 |
| **Diversified Financial Services — 9.5%** | **Diversified Financial Services — 9.5%** | **Diversified Financial Services — 9.5%** |
| &nbsp;&nbsp;&nbsp; AerCap Ireland Capital DAC/AerCap Global Aviation <br> Trust, 4.45%, 10/01/25<br>| &nbsp;&nbsp;&nbsp; 5135 | 5132994 |
| Affiliated Managers Group Inc., 3.50%, 08/01/25<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 265 | 265000 |
| Ally Financial Inc., 5.75%, 11/20/25 | &nbsp;&nbsp;&nbsp; 18268 | 18278973 |
| Capital One Financial Corp., 4.20%, 10/29/25 | &nbsp;&nbsp;&nbsp; 7295 | 7279390 |
| United Wholesale Mortgage LLC, 5.50%, 11/15/25<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 19578 | 19578368 |
|  |  | 50534725 |
| **Electric — 8.8%** | **Electric — 8.8%** | **Electric — 8.8%** |
| American Electric Power Co. Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 5.70%, 08/15/25 | &nbsp;&nbsp;&nbsp; 1500 | 1499605 |
| &nbsp;&nbsp;&nbsp; Series N, 1.00%, 11/01/25 | &nbsp;&nbsp;&nbsp; 3230 | 3198424 |
| Dominion Energy Inc., 3.90%, 10/01/25 | &nbsp;&nbsp;&nbsp; 3385 | 3380203 |
| Duke Energy Corp. |  |  |
| &nbsp;&nbsp;&nbsp; 0.90%, 09/15/25<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4541 | 4518962 |
| &nbsp;&nbsp;&nbsp; 5.00%, 12/08/25 | &nbsp;&nbsp;&nbsp; 3893 | 3896433 |
| Edison International, 4.70%, 08/15/25 | &nbsp;&nbsp;&nbsp; 4390 | 4388392 |
| Entergy Corp., 0.90%, 09/15/25 | &nbsp;&nbsp;&nbsp; 2040 | 2030028 |
| Eversource Energy, Series Q, 0.80%, 08/15/25 | &nbsp;&nbsp;&nbsp; 1650 | 1647428 |
| &nbsp;&nbsp;&nbsp; NextEra Energy Capital Holdings Inc., 5.75%, <br> 09/01/25<br>| &nbsp;&nbsp;&nbsp; 8478 | 8481066 |
| &nbsp;&nbsp;&nbsp; Public Service Enterprise Group Inc., 0.80%, <br> 08/15/25<br>| &nbsp;&nbsp;&nbsp; 800 | 798573 |
| Southern Co. (The), 5.15%, 10/06/25 | &nbsp;&nbsp;&nbsp; 2480 | 2480720 |
| Southern Power Co., 4.15%, 12/01/25 | &nbsp;&nbsp;&nbsp; 8267 | 8250788 |
| WEC Energy Group Inc., 5.00%, 09/27/25 | &nbsp;&nbsp;&nbsp; 2150 | 2150278 |
|  |  | 46720900 |
| **Environmental Control — 0.2%** | **Environmental Control — 0.2%** | **Environmental Control — 0.2%** |
| Republic Services Inc., 0.88%, 11/15/25 | &nbsp;&nbsp;&nbsp; 845 | 835729 |
| **Food — 0.9%** | **Food — 0.9%** | **Food — 0.9%** |
| Conagra Brands Inc., 4.60%, 11/01/25 | &nbsp;&nbsp;&nbsp; 3265 | 3261028 |
| Sysco Corp., 3.75%, 10/01/25 | &nbsp;&nbsp;&nbsp; 1445 | 1442256 |
|  |  | 4703284 |
| **Gas — 0.6%** | **Gas — 0.6%** | **Gas — 0.6%** |
| NiSource Inc., 0.95%, 08/15/25 | &nbsp;&nbsp;&nbsp; 3380 | 3374871 |
| **Health Care - Products — 1.6%** | **Health Care - Products — 1.6%** | **Health Care - Products — 1.6%** |
| GE HealthCare Technologies Inc., 5.60%, 11/15/25 | &nbsp;&nbsp;&nbsp; 6400 | 6410581 |
| Stryker Corp., 3.38%, 11/01/25<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2280 | 2272207 |
|  |  | 8682788 |
| **Health Care - Services — 0.7%** | **Health Care - Services — 0.7%** | **Health Care - Services — 0.7%** |
| Cigna Group (The), 4.13%, 11/15/25 | &nbsp;&nbsp;&nbsp; 3365 | 3357269 |
| Elevance Health Inc., 5.35%, 10/15/25 | &nbsp;&nbsp;&nbsp; 135 | 135040 |
|  |  | 3492309 |
| **Holding Companies - Diversified — 1.9%** | **Holding Companies - Diversified — 1.9%** | **Holding Companies - Diversified — 1.9%** |
| Blackstone Private Credit Fund, 7.05%, 09/29/25 | &nbsp;&nbsp;&nbsp; 10160 | 10188629 |
| **Insurance — 0.6%** | **Insurance — 0.6%** | **Insurance — 0.6%** |
| Allstate Corp. (The), 0.75%, 12/15/25 | &nbsp;&nbsp;&nbsp; 2105 | 2073715 |
| Aon Global Ltd., 3.88%, 12/15/25 | &nbsp;&nbsp;&nbsp; 1275 | 1270209 |
|  |  | 3343924 |
| **Internet — 0.2%** | **Internet — 0.2%** | **Internet — 0.2%** |
| eBay Inc., 5.90%, 11/22/25 | &nbsp;&nbsp;&nbsp; 1060 | 1062554 |
| **Iron & Steel — 0.0%** | **Iron & Steel — 0.0%** | **Iron & Steel — 0.0%** |
| Reliance Inc., 1.30%, 08/15/25 | &nbsp;&nbsp;&nbsp; 185 | 184728 |

---

------

Schedule of Investments (unaudited)(continued)

July 31, 2025

**iShares® iBonds® 2025 Term High Yield and Income ETF**

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

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Lodging — 1.5%** | **Lodging — 1.5%** | **Lodging — 1.5%** |
| Marriott International Inc./MD, 3.75%, 10/01/25 | &nbsp;&nbsp;&nbsp; $200 | $199500 |
| Travel & Leisure Co., 6.60%, 10/01/25 | &nbsp;&nbsp;&nbsp; 7868 | 7869969 |
|  |  | 8069469 |
| **Machinery — 0.3%** | **Machinery — 0.3%** | **Machinery — 0.3%** |
| CNH Industrial Capital LLC, 5.45%, 10/14/25 | &nbsp;&nbsp;&nbsp; 455 | 455564 |
| Dover Corp., 3.15%, 11/15/25 | &nbsp;&nbsp;&nbsp; 1121 | 1115403 |
|  |  | 1570967 |
| **Office & Business Equipment — 2.6%** | **Office & Business Equipment — 2.6%** | **Office & Business Equipment — 2.6%** |
| Xerox Holdings Corp., 5.00%, 08/15/25<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 13870 | 13849532 |
| **Oil & Gas — 0.6%** | **Oil & Gas — 0.6%** | **Oil & Gas — 0.6%** |
| Devon Energy Corp., 5.85%, 12/15/25 | &nbsp;&nbsp;&nbsp; 3165 | 3168862 |
| **Oil & Gas Services — 0.2%** | **Oil & Gas Services — 0.2%** | **Oil & Gas Services — 0.2%** |
| Halliburton Co., 3.80%, 11/15/25 | &nbsp;&nbsp;&nbsp; 1038 | 1034610 |
| **Pharmaceuticals — 0.6%** | **Pharmaceuticals — 0.6%** | **Pharmaceuticals — 0.6%** |
| Cardinal Health Inc., 3.75%, 09/15/25 | &nbsp;&nbsp;&nbsp; 180 | 179782 |
| Zoetis Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 4.50%, 11/13/25 | &nbsp;&nbsp;&nbsp; 1857 | 1853804 |
| &nbsp;&nbsp;&nbsp; 5.40%, 11/14/25 | &nbsp;&nbsp;&nbsp; 1135 | 1135850 |
|  |  | 3169436 |
| **Pipelines — 1.2%** | **Pipelines — 1.2%** | **Pipelines — 1.2%** |
| Energy Transfer LP, 5.95%, 12/01/25<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 235 | 235146 |
| ONEOK Inc., 2.20%, 09/15/25<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 215 | 214280 |
| &nbsp;&nbsp;&nbsp; Plains All American Pipeline LP/PAA Finance Corp., <br> 4.65%, 10/15/25<br>| &nbsp;&nbsp;&nbsp; 2855 | 2852800 |
| Williams Companies Inc. (The), 4.00%, 09/15/25 | &nbsp;&nbsp;&nbsp; 3250 | 3246549 |
|  |  | 6548775 |
| **Real Estate Investment Trusts — 2.2%** | **Real Estate Investment Trusts — 2.2%** | **Real Estate Investment Trusts — 2.2%** |
| American Tower Corp., 1.30%, 09/15/25 | &nbsp;&nbsp;&nbsp; 2930 | 2916327 |
| CubeSmart LP, 4.00%, 11/15/25 | &nbsp;&nbsp;&nbsp; 515 | 513203 |
| Equinix Inc., 1.00%, 09/15/25 | &nbsp;&nbsp;&nbsp; 2425 | 2412752 |
| Kilroy Realty LP, 4.38%, 10/01/25 | &nbsp;&nbsp;&nbsp; 4625 | 4619197 |
| NNN REIT Inc., 4.00%, 11/15/25 | &nbsp;&nbsp;&nbsp; 1420 | 1416251 |
|  |  | 11877730 |
| **Retail — 3.7%** | **Retail — 3.7%** | **Retail — 3.7%** |
| AutoNation Inc., 4.50%, 10/01/25 | &nbsp;&nbsp;&nbsp; 1850 | 1846838 |
| Lowe's Companies Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 3.38%, 09/15/25 | &nbsp;&nbsp;&nbsp; 1305 | 1302157 |
| &nbsp;&nbsp;&nbsp; 4.40%, 09/08/25 | &nbsp;&nbsp;&nbsp; 1520 | 1519389 |
| McDonald's Corp., 1.45%, 09/01/25<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 95 | 94725 |
| Penske Automotive Group Inc., 3.50%, 09/01/25 | &nbsp;&nbsp;&nbsp; 9435 | 9412473 |
| Starbucks Corp., 3.80%, 08/15/25 | &nbsp;&nbsp;&nbsp; 5130 | 5126030 |
|  |  | 19301612 |
| **Semiconductors — 0.5%** | **Semiconductors — 0.5%** | **Semiconductors — 0.5%** |
| Broadcom Inc., 3.15%, 11/15/25 | &nbsp;&nbsp;&nbsp; 790 | 786173 |
| Microchip Technology Inc., 4.25%, 09/01/25 | &nbsp;&nbsp;&nbsp; 1585 | 1583822 |
|  |  | 2369995 |
| **Software — 1.6%** | **Software — 1.6%** | **Software — 1.6%** |
| Oracle Corp., 5.80%, 11/10/25 | &nbsp;&nbsp;&nbsp; 5730 | 5746966 |
| Roper Technologies Inc. |  |  |
| &nbsp;&nbsp;&nbsp; 1.00%, 09/15/25 | &nbsp;&nbsp;&nbsp; 1500 | 1492929 |
| &nbsp;&nbsp;&nbsp; 3.85%, 12/15/25<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1015 | 1012513 |
|  |  | 8252408 |
| **Telecommunications — 1.9%** | **Telecommunications — 1.9%** | **Telecommunications — 1.9%** |
| Juniper Networks Inc., 1.20%, 12/10/25 | &nbsp;&nbsp;&nbsp; 1087 | 1072770 |
| Qwest Corp., 7.25%, 09/15/25<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4197 | 4198092 |
| Rogers Communications Inc., 3.63%, 12/15/25 | &nbsp;&nbsp;&nbsp; 3597 | 3580376 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Par* <br>*(000*<br> *)*<br>| *Value* |
| **Telecommunications (continued)** | **Telecommunications (continued)** | **Telecommunications (continued)** |
| Verizon Communications Inc., 0.85%, 11/20/25 | &nbsp;&nbsp;&nbsp; $1050 | $1037779 |
|  |  | 9889017 |
| **Transportation — 0.1%** | **Transportation — 0.1%** | **Transportation — 0.1%** |
| Norfolk Southern Corp., 3.65%, 08/01/25 | &nbsp;&nbsp;&nbsp; 85 | 85000 |
| Ryder System Inc., 3.35%, 09/01/25 | &nbsp;&nbsp;&nbsp; 260 | 259675 |
|  |  | 344675 |
| **Total Corporate Bonds & Notes — 73.0%** <br>**(Cost: $386,980,370)** | **Total Corporate Bonds & Notes — 73.0%** <br>**(Cost: $386,980,370)** | 386877354 |
|  | &nbsp;&nbsp; *Shares* |  |
| **Common Stocks** | **Common Stocks** | **Common Stocks** |
| **Office REITs — 0.0%** | **Office REITs — 0.0%** | **Office REITs — 0.0%** |
| Office Properties Income Trust, NVS | &nbsp;&nbsp;&nbsp; 16952 | 4069 |
| **Total Common Stocks — 0.0%** <br>**(Cost $0)** | **Total Common Stocks — 0.0%** <br>**(Cost $0)** | 4069 |
| **Preferred Stocks** | **Preferred Stocks** | **Preferred Stocks** |
| **Software — 0.3%** | **Software — 0.3%** | **Software — 0.3%** |
| &nbsp;&nbsp;&nbsp; Veritas Kapital Assurance PLC, Series G-1, <br> Preference Shares, NVS<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp; 29814 | 670815 |
| &nbsp;&nbsp;&nbsp; Veritas Kapital Assurance PLC, Series G, Preference <br> Shares, NVS<sup>(c)</sup><br>| &nbsp;&nbsp;&nbsp; 43152 | 970920 |
|  |  | 1641735 |
| **Total Preferred Stocks — 0.3%** <br>**(Cost $1,455,560)** | **Total Preferred Stocks — 0.3%** <br>**(Cost $1,455,560)** | 1641735 |
| **Total Long-Term Investments — 73.3%** <br>**(Cost: $388,435,930)** | **Total Long-Term Investments — 73.3%** <br>**(Cost: $388,435,930)** | 388523158 |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 25.9%** | **Money Market Funds — 25.9%** | **Money Market Funds — 25.9%** |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Institutional, SL Agency <br> Shares, 4.44%<sup>(d)(e)(f)</sup><br>| &nbsp;&nbsp;&nbsp; 8385056 | 8388410 |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL Agency <br> Shares, 4.30%<sup>(d)(e)</sup><br>| &nbsp;&nbsp;&nbsp; 129060000 | 129060000 |
| **Total Short-Term Securities — 25.9%** <br>**(Cost: $137,447,580)** | **Total Short-Term Securities — 25.9%** <br>**(Cost: $137,447,580)** | 137448410 |
| **Total Investments — 99.2%** <br>**(Cost: $525,883,510)** | **Total Investments — 99.2%** <br>**(Cost: $525,883,510)** | 525971568 |
| **Other Assets Less Liabilities — 0.8%** | **Other Assets Less Liabilities — 0.8%** | 4023505 |
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | $529995073 |

---

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

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

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

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

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

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

------

Schedule of Investments (unaudited)(continued)

July 31, 2025

**iShares® iBonds® 2025 Term High Yield and Income ETF**

**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>| *Purchases* <br>*at Cost*<br>| *Proceeds* <br>*from Sales*<br>| &nbsp;&nbsp; *Net Realized* <br>*Gain (Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*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, <br> SL Agency Shares<br>| $44264512 | $— | &nbsp;&nbsp; $(35867466 )<sup>(a)</sup><br>| $5929 | $(14565)<br>| $8388410 | 8385056 | $62374 <br><sup>(b)</sup><br>| $— |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL <br> Agency Shares<br>| &nbsp;&nbsp; 15320000 | 113740000 <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; — | &nbsp;&nbsp; 129060000 | 129060000 | &nbsp;&nbsp; 1511837 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
|  |  |  |  | $5929 | $(14565) | $137448410 |  | $1574211 | $— |

---

&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. 

**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; $386877354 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $386877354 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common Stocks | &nbsp;&nbsp; — | &nbsp;&nbsp; 4069 | &nbsp;&nbsp; — | &nbsp;&nbsp; 4069 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Preferred Stocks | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1641735 | &nbsp;&nbsp; 1641735 |
| &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; 137448410 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 137448410 |
|  | &nbsp;&nbsp; $137448410 | &nbsp;&nbsp; $386881423 | &nbsp;&nbsp; $1641735 | &nbsp;&nbsp; $525971568 |

---

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

---

| | |
|:---|:---|
| **Portfolio Abbreviation** | **Portfolio Abbreviation** |
| NVS | Non-Voting Shares |
| REIT | Real Estate Investment Trust |

---

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

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** iShares 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 2025 Term High Yield and Income ETF

- **b. EDGAR series identifier (if any):** S000065345

- **c. LEI of Series:** 5493002LWMPQCS8D7332

**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:** $546807985.36

**Total Liabilities:** $16814088.06

**Net Assets:** $529993897.30

**Cash Not Reported:** $1862348.36

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 5847.69000000 | **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:** 975.64000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000211404 | 0.49%                | 0.43%                | 0.40%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $173334.24               | $259523.24                                 |
| Month 2  | $69697.84                | $-4634.55                                  |
| Month 3  | $12487.99                | $3066.85                                   |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| TRAVEL + LEISURE CO                            | Travel + Leisure Co                                       | CUSIP: 98310WAM0<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | DBT              | CORP              | US        |   7868000 | PA      | $7869969.05   | 1.48%             | 2025-10-01      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| ENTERGY CORP                                   | Entergy Corp                                              | CUSIP: 29364GAM5<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | DBT              | CORP              | US        |   2040000 | PA      | $2030027.99   | 0.38%             | 2025-09-15      | Fixed         | 0.90%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC                       | Ford Motor Credit Co LLC                                  | CUSIP: 345397XL2<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   4951000 | PA      | $4951000.00   | 0.93%             | 2025-08-04      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| NNN REIT INC                                   | NNN REIT Inc                                              | CUSIP: 637417AH9<br>LEI: 5493008JKH5SOTI0JS97 | Long             | DBT              |  | US        |   1420000 | PA      | $1416251.41   | 0.27%             | 2025-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EBAY INC                                       | eBay Inc                                                  | CUSIP: 278642BC6<br>LEI: OML71K8X303XQONU6T67 | Long             | DBT              | CORP              | US        |   1060000 | PA      | $1062554.29   | 0.20%             | 2025-11-22      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Southern Power Co                              | Southern Power Co                                         | CUSIP: 843646AM2<br>LEI: 5LADC78JBG2BMZD5XF57 | Long             | DBT              | CORP              | US        |   8267000 | PA      | $8250788.33   | 1.56%             | 2025-12-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Ally Financial Inc                             | Ally Financial Inc                                        | CUSIP: 02005NBF6<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |  18268000 | PA      | $18278973.04  | 3.45%             | 2025-11-20      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| WILLIAMS COMPANIES INC                         | Williams Cos Inc/The                                      | CUSIP: 96949LAB1<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | DBT              | CORP              | US        |   3250000 | PA      | $3246548.50   | 0.61%             | 2025-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Dominion Energy Inc                            | Dominion Energy Inc                                       | CUSIP: 25746UCE7<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |   3385000 | PA      | $3380203.32   | 0.64%             | 2025-10-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| BOEING CO                                      | Boeing Co/The                                             | CUSIP: 097023BP9<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | DBT              | CORP              | US        |   3565000 | PA      | $3544416.83   | 0.67%             | 2025-10-30      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| REPUBLIC SERVICES INC                          | Republic Services Inc                                     | CUSIP: 760759AY6<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | DBT              | CORP              | US        |    845000 | PA      | $835728.92    | 0.16%             | 2025-11-15      | Fixed         | 0.88%                 | No            |                  2 | On Loan: No      |
| NISOURCE INC                                   | NiSource Inc                                              | CUSIP: 65473PAK1<br>LEI: 549300D8GOWWH0SJB189 | Long             | DBT              | CORP              | US        |   3380000 | PA      | $3374871.39   | 0.64%             | 2025-08-15      | Fixed         | 0.95%                 | No            |                  2 | On Loan: No      |
| Qwest Corp                                     | Qwest Corp                                                | CUSIP: 912920AK1<br>LEI: 549300R2L4N683OO1509 | Long             | DBT              | CORP              | US        |   4197000 | PA      | $4198091.89   | 0.79%             | 2025-09-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: —       |
| GE HEALTHCARE TECH INC                         | GE HealthCare Technologies Inc                            | CUSIP: 36267VAD5<br>LEI: 549300OI9J7XOWZMUN85 | Long             | DBT              | CORP              | US        |   6400000 | PA      | $6410581.06   | 1.21%             | 2025-11-15      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP                               | Duke Energy Corp                                          | CUSIP: 26441CBV6<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |   3893000 | PA      | $3896433.12   | 0.74%             | 2025-12-08      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| XEROX HOLDINGS CORP                            | Xerox Holdings Corp                                       | CUSIP: 98421MAA4<br>LEI: 5493000Y33XDVO2CXC18 | Long             | DBT              | CORP              | US        |  13870000 | PA      | $13849531.49  | 2.61%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RTX CORP                                       | RTX Corp                                                  | CUSIP: 913017DD8<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | DBT              | CORP              | US        |    755000 | PA      | $754645.92    | 0.14%             | 2025-08-16      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC                       | Lloyds Banking Group PLC                                  | CUSIP: 539439AM1<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |   7560000 | PA      | $7554611.69   | 1.43%             | 2025-12-10      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| Cooperatieve Rabobank UA                       | Cooperatieve Rabobank UA                                  | CUSIP: 21684AAC0<br>LEI: DG3RU1DBUFHT4ZF9WN62 | Long             | DBT              | CORP              | NL        |   6410000 | PA      | $6410000.00   | 1.21%             | 2025-08-04      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| JAGUAR LAND ROVER AUTOMO                       | Jaguar Land Rover Automotive PLC                          | CUSIP: 47010BAJ3<br>LEI: 529900L73GEWN1O5NH84 | Long             | DBT              | CORP              | GB        |   9275000 | PA      | $9278682.92   | 1.75%             | 2025-10-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| JUNIPER NETWORKS INC                           | Juniper Networks Inc                                      | CUSIP: 48203RAN4<br>LEI: AUHIXNGG7U2U7JEHM527 | Long             | DBT              | CORP              | US        |   1087000 | PA      | $1072770.72   | 0.20%             | 2025-12-10      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| VERITAS SERIES G PREFERRED STO                 | VERITAS SERIES G PREFERRED STO                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     43152 | NS      | $970920.00    | 0.18%             |  |  |  | No            |                  3 | On Loan: No      |
| OFFICE PROP INCOME TRUST                       | OFFICE PROP INCOME TRUST                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16952 | NS      | $4068.48      | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ENTERPRIS                       | Public Service Enterprise Group Inc                       | CUSIP: 744573AP1<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | DBT              | CORP              | US        |    800000 | PA      | $798573.07    | 0.15%             | 2025-08-15      | Fixed         | 0.80%                 | No            |                  2 | On Loan: No      |
| AFFILIATED MANAGERS GROU                       | Affiliated Managers Group Inc                             | CUSIP: 008252AN8<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | DBT              | CORP              | US        |    265000 | PA      | $265000.00    | 0.05%             | 2025-08-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: —       |
| VERITAS SERIES G 1 PREFERRED                   | VERITAS SERIES G 1 PREFERRED                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |     29814 | NS      | $670815.00    | 0.13%             |  |  |  | No            |                  3 | On Loan: No      |
| Constellation Brands Inc                       | Constellation Brands Inc                                  | CUSIP: 21036PBB3<br>LEI: 5493005GKEG8QCVY7037 | Long             | DBT              | CORP              | US        |    205000 | PA      | $204761.60    | 0.04%             | 2025-11-15      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Conagra Brands Inc                             | Conagra Brands Inc                                        | CUSIP: 205887CB6<br>LEI: 54930035UDEIH090K650 | Long             | DBT              | CORP              | US        |   3265000 | PA      | $3261027.77   | 0.62%             | 2025-11-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| DEVON ENERGY CORPORATION                       | Devon Energy Corp                                         | CUSIP: 25179MAV5<br>LEI: 54930042348RKR3ZPN35 | Long             | DBT              | CORP              | US        |   3165000 | PA      | $3168862.25   | 0.60%             | 2025-12-15      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS IN                       | Rogers Communications Inc                                 | CUSIP: 775109BE0<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | DBT              | CORP              | CA        |   3597000 | PA      | $3580375.89   | 0.68%             | 2025-12-15      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley                                 | Morgan Stanley                                            | CUSIP: 6174467X1<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | DBT              | CORP              | US        |   3970000 | PA      | $3970408.35   | 0.75%             | 2025-11-24      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENSKE AUTOMOTIVE GROUP                        | Penske Automotive Group Inc                               | CUSIP: 70959WAJ2<br>LEI: 549300W7UTQ0M4C7LB15 | Long             | DBT              | CORP              | US        |   9435000 | PA      | $9412473.09   | 1.78%             | 2025-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| SYNCHRONY BANK                                 | Synchrony Bank                                            | CUSIP: 87166FAD5<br>LEI: 549300UATVPGSLE43Z27 | Long             | DBT              | CORP              | US        |   6702000 | PA      | $6700165.19   | 1.26%             | 2025-08-22      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| ALLSTATE CORP                                  | Allstate Corp/The                                         | CUSIP: 020002BH3<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | DBT              | CORP              | US        |   2105000 | PA      | $2073714.54   | 0.39%             | 2025-12-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| AutoNation Inc                                 | AutoNation Inc                                            | CUSIP: 05329WAM4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1850000 | PA      | $1846838.13   | 0.35%             | 2025-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FNB CORP                                       | FNB Corp/PA                                               | CUSIP: 302520AC5<br>LEI: PCYSKIGYNYFDTBLVZU83 | Long             | DBT              | CORP              | US        |   4180000 | PA      | $4176904.33   | 0.79%             | 2025-08-25      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| BlackRock Funds III                            | BlackRock Cash Funds: Institutional, SL Agency Shares     | CUSIP: 066922519<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |   8297531 | NS      | $8300850.14   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| DUKE ENERGY CORP                               | Duke Energy Corp                                          | CUSIP: 26441CBJ3<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |   4541000 | PA      | $4518961.39   | 0.85%             | 2025-09-15      | Fixed         | 0.90%                 | No            |                  2 | On Loan: —       |
| UNITED WHOLESALE MTGE LL                       | United Wholesale Mortgage LLC                             | CUSIP: 91153LAA5<br>LEI: 549300HW662MN1WU8550 | Long             | DBT              | CORP              | US        |  19578000 | PA      | $19578368.26  | 3.69%             | 2025-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| EVERSOURCE ENERGY                              | Eversource Energy                                         | CUSIP: 30040WAJ7<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | DBT              | CORP              | US        |   1650000 | PA      | $1647428.03   | 0.31%             | 2025-08-15      | Fixed         | 0.80%                 | No            |                  2 | On Loan: —       |
| Block Financial LLC                            | Block Financial LLC                                       | CUSIP: 093662AG9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    190000 | PA      | $189954.14    | 0.04%             | 2025-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS FINL CO                         | General Motors Financial Co Inc                           | CUSIP: 37045XDZ6<br>LEI: 5493008B6JBRUJ90QL97 | Long             | DBT              | CORP              | US        |   8245000 | PA      | $8262001.35   | 1.56%             | 2025-10-10      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| MICROCHIP TECHNOLOGY INC                       | Microchip Technology Inc                                  | CUSIP: 595017BA1<br>LEI: 5493007PTFULNYZJ1R12 | Long             | DBT              | CORP              | US        |   1585000 | PA      | $1583821.63   | 0.30%             | 2025-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Banco Santander SA                             | Banco Santander SA                                        | CUSIP: 05971KAA7<br>LEI: 5493006QMFDDMYWIAM13 | Long             | DBT              | CORP              | ES        |  16633000 | PA      | $16651788.14  | 3.14%             | 2025-11-19      | Fixed         | 5.18%                 | No            |                  2 | On Loan: No      |
| Norfolk Southern Corp                          | Norfolk Southern Corp                                     | CUSIP: 655844CA4<br>LEI: 54930036C8MWP850MI84 | Long             | DBT              | CORP              | US        |     85000 | PA      | $85000.00     | 0.02%             | 2025-08-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| LENNOX INTERNATIONAL INC                       | Lennox International Inc                                  | CUSIP: 526107AE7<br>LEI: S7DWAC87RDMPBF77GJ92 | Long             | DBT              | CORP              | US        |    220000 | PA      | $220000.00    | 0.04%             | 2025-08-01      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| Kilroy Realty LP                               | Kilroy Realty LP                                          | CUSIP: 49427RAL6<br>LEI: 5493008CT3N3JR7P1552 | Long             | DBT              |  | US        |   4625000 | PA      | $4619196.97   | 0.87%             | 2025-10-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ILLUMINA INC                                   | Illumina Inc                                              | CUSIP: 452327AN9<br>LEI: SQ95QG8SR5Q56LSNF682 | Long             | DBT              | CORP              | US        |   5675000 | PA      | $5689415.07   | 1.07%             | 2025-12-12      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| LOWE'S COS INC                                 | Lowe's Cos Inc                                            | CUSIP: 548661EK9<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |   1520000 | PA      | $1519389.13   | 0.29%             | 2025-09-08      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| SOUTHERN CO                                    | Southern Co/The                                           | CUSIP: 842587DM6<br>LEI: 549300FC3G3YU2FBZD92 | Long             | DBT              | CORP              | US        |   2480000 | PA      | $2480720.04   | 0.47%             | 2025-10-06      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| BLACKSTONE PRIVATE CRE                         | Blackstone Private Credit Fund                            | CUSIP: 09261HBA4<br>LEI: 549300ORP3TTCNXSYO43 | Long             | DBT              | CORP              | US        |  10160000 | PA      | $10188629.36  | 1.92%             | 2025-09-29      | Fixed         | 7.05%                 | No            |                  2 | On Loan: No      |
| MARRIOTT INTERNATIONAL                         | Marriott International Inc/MD                             | CUSIP: 571903AP8<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | DBT              | CORP              | US        |    200000 | PA      | $199499.48    | 0.04%             | 2025-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER                        | American Electric Power Co Inc                            | CUSIP: 02557TAD1<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1499604.74   | 0.28%             | 2025-08-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| ENERGY TRANSFER LP                             | Energy Transfer LP                                        | CUSIP: 86765BAS8<br>LEI: MTLVN9N7JE8MIBIJ1H73 | Long             | DBT              | CORP              | US        |    235000 | PA      | $235145.86    | 0.04%             | 2025-12-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| MCDONALD'S CORP                                | McDonald's Corp                                           | CUSIP: 58013MFL3<br>LEI: UE2136O97NLB5BYP9H04 | Long             | DBT              | CORP              | US        |     95000 | PA      | $94725.33     | 0.02%             | 2025-09-01      | Fixed         | 1.45%                 | No            |                  2 | On Loan: —       |
| RYDER SYSTEM INC                               | Ryder System Inc                                          | CUSIP: 78355HKR9<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | DBT              | CORP              | US        |    260000 | PA      | $259674.86    | 0.05%             | 2025-09-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| Starbucks Corp                                 | Starbucks Corp                                            | CUSIP: 855244AQ2<br>LEI: OQSJ1DU9TAOC51A47K68 | Long             | DBT              | CORP              | US        |   5130000 | PA      | $5126030.20   | 0.97%             | 2025-08-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| PLAINS ALL AMER PIPELINE                       | Plains All American Pipeline LP / PAA Finance Corp        | CUSIP: 72650RBJ0<br>LEI: 5521FA2ITF25TVH63740 | Long             | DBT              | CORP              | US        |   2855000 | PA      | $2852800.31   | 0.54%             | 2025-10-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| SYNOVUS FINANCIAL CORP                         | Synovus Financial Corp                                    | CUSIP: 87161CAN5<br>LEI: 549300EIUS8UN5JTLE54 | Long             | DBT              | CORP              | US        |    415000 | PA      | $414839.56    | 0.08%             | 2025-08-11      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| GENERAL MOTORS CO                              | General Motors Co                                         | CUSIP: 37045VAV2<br>LEI: 54930070NSV60J38I987 | Long             | DBT              | CORP              | US        |   4404000 | PA      | $4408613.23   | 0.83%             | 2025-10-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: —       |
| BankUnited Inc                                 | BankUnited Inc                                            | CUSIP: 06652KAA1<br>LEI: 96OVUWEW5D4YX6PFXD91 | Long             | DBT              | CORP              | US        |   3265000 | PA      | $3261523.62   | 0.62%             | 2025-11-17      | Fixed         | 4.88%                 | No            |                  2 | On Loan: —       |
| Dupont De Nemours Inc                          | DuPont de Nemours Inc                                     | CUSIP: 26078JAC4<br>LEI: 5493004JF0SDFLM8GD76 | Long             | DBT              | CORP              | US        |   9520000 | PA      | $9501350.03   | 1.79%             | 2025-11-15      | Fixed         | 4.49%                 | No            |                  2 | On Loan: —       |
| VERIZON COMMUNICATIONS                         | Verizon Communications Inc                                | CUSIP: 92343VFS8<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | DBT              | CORP              | US        |   1050000 | PA      | $1037778.72   | 0.20%             | 2025-11-20      | Fixed         | 0.85%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC                       | Ford Motor Credit Co LLC                                  | CUSIP: 345397B28<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   8140000 | PA      | $8093093.25   | 1.53%             | 2025-11-13      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| CubeSmart LP                                   | CubeSmart LP                                              | CUSIP: 22966RAC0<br>LEI: 549300MPHKO3I3FJRA97 | Long             | DBT              |  | US        |    515000 | PA      | $513202.83    | 0.10%             | 2025-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CNH INDUSTRIAL CAP LLC                         | CNH Industrial Capital LLC                                | CUSIP: 12592BAP9<br>LEI: 549300PNSJ5B81UMVO28 | Long             | DBT              | CORP              | US        |    455000 | PA      | $455563.65    | 0.09%             | 2025-10-14      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| ZOETIS INC                                     | Zoetis Inc                                                | CUSIP: 98978VAU7<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |   1135000 | PA      | $1135850.51   | 0.21%             | 2025-11-14      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| RELIANCE INC                                   | Reliance Inc                                              | CUSIP: 759509AF9<br>LEI: 549300E287ZOFT3C5Z56 | Long             | DBT              | CORP              | US        |    185000 | PA      | $184728.26    | 0.03%             | 2025-08-15      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2013-1 A PTT                        | United Airlines 2013-1 Class A Pass Through Trust         | CUSIP: 909319AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1547330 | PA      | $1546613.72   | 0.29%             | 2025-08-15      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| AMERICAN TOWER CORP                            | American Tower Corp                                       | CUSIP: 03027XBB5<br>LEI: 5493006ORUSIL88JOE18 | Long             | DBT              |  | US        |   2930000 | PA      | $2916327.18   | 0.55%             | 2025-09-15      | Fixed         | 1.30%                 | No            |                  2 | On Loan: No      |
| BUNGE LTD FINANCE CORP                         | Bunge Ltd Finance Corp                                    | CUSIP: 120568BB5<br>LEI: 549300QHC068L40NNM71 | Long             | DBT              | CORP              | US        |    130000 | PA      | $129753.85    | 0.02%             | 2025-08-17      | Fixed         | 1.63%                 | No            |                  2 | On Loan: No      |
| Veritas US Inc                                 | Veritas US Inc 2024 Priority Term Loan                    | CUSIP: 000000000<br>LEI: 549300RFUWCPWS8FQ104 | Long             | LON              | CORP              | US        |       433 | PA      | $434.47       | 0.00%             | 2029-12-09      | Floating      | 12.30%                | No            |                  2 | On Loan: No      |
| AON GLOBAL LTD                                 | Aon Global Ltd                                            | CUSIP: 00185AAK0<br>LEI: 635400FALWQYX5E6QC64 | Long             | DBT              | CORP              | GB        |   1275000 | PA      | $1270209.01   | 0.24%             | 2025-12-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| EQUIFAX INC                                    | Equifax Inc                                               | CUSIP: 294429AR6<br>LEI: 5493004MCF8JDC86VS77 | Long             | DBT              | CORP              | US        |   2037000 | PA      | $2020618.63   | 0.38%             | 2025-12-15      | Fixed         | 2.60%                 | No            |                  2 | On Loan: —       |
| Keurig Dr Pepper Inc                           | Keurig Dr Pepper Inc                                      | CUSIP: 26138EAS8<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | DBT              | CORP              | US        |   3045000 | PA      | $3031928.58   | 0.57%             | 2025-11-15      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| KeyCorp                                        | KeyCorp                                                   | CUSIP: 49326EEH2<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | DBT              | CORP              | US        |   4030000 | PA      | $4022882.25   | 0.76%             | 2025-10-29      | Fixed         | 4.15%                 | No            |                  2 | On Loan: —       |
| HP ENTERPRISE CO                               | Hewlett Packard Enterprise Co                             | CUSIP: 42824CAW9<br>LEI: 549300BX44RGX6ANDV88 | Long             | DBT              | CORP              | US        |   6950000 | PA      | $6948417.83   | 1.31%             | 2025-10-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| NISSAN MOTOR CO                                | Nissan Motor Co Ltd                                       | CUSIP: 654744AB7<br>LEI: 353800DRBDH1LUTNAY26 | Long             | DBT              | CORP              | JP        |  11405000 | PA      | $11372522.21  | 2.15%             | 2025-09-17      | Fixed         | 3.52%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO                       | Capital One Financial Corp                                | CUSIP: 14040HBJ3<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |   7295000 | PA      | $7279390.23   | 1.37%             | 2025-10-29      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| NUTRIEN LTD                                    | Nutrien Ltd                                               | CUSIP: 67077MAY4<br>LEI: 5493002QQ7GD21OWF963 | Long             | DBT              | CORP              | CA        |    725000 | PA      | $726677.75    | 0.14%             | 2025-11-07      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC                              | HSBC Holdings PLC                                         | CUSIP: 404280AU3<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |   2720000 | PA      | $2718570.34   | 0.51%             | 2025-08-18      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Roper Technologies Inc                         | Roper Technologies Inc                                    | CUSIP: 776743AB2<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |   1015000 | PA      | $1012513.47   | 0.19%             | 2025-12-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: —       |
| EDISON INTERNATIONAL                           | Edison International                                      | CUSIP: 281020AU1<br>LEI: 549300I7ROF15MAEVP56 | Long             | DBT              | CORP              | US        |   4390000 | PA      | $4388392.25   | 0.83%             | 2025-08-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| LYB INT FINANCE III                            | LYB International Finance III LLC                         | CUSIP: 50249AAF0<br>LEI: 984500A51LA0B8EB4053 | Long             | DBT              | CORP              | US        |    390000 | PA      | $387275.37    | 0.07%             | 2025-10-01      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| WEC ENERGY GROUP INC                           | WEC Energy Group Inc                                      | CUSIP: 92939UAH9<br>LEI: 549300IGLYTZUK3PVP70 | Long             | DBT              | CORP              | US        |   2150000 | PA      | $2150277.39   | 0.41%             | 2025-09-27      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROPER TECHNOLOGIES INC                         | Roper Technologies Inc                                    | CUSIP: 776743AM8<br>LEI: 54930003T4SXCIWVXY35 | Long             | DBT              | CORP              | US        |   1500000 | PA      | $1492929.44   | 0.28%             | 2025-09-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| SHERWIN-WILLIAMS CO                            | Sherwin-Williams Co/The                                   | CUSIP: 824348BR6<br>LEI: Z15BMIOX8DDH0X2OBP21 | Long             | DBT              | CORP              | US        |    255000 | PA      | $254974.11    | 0.05%             | 2025-08-08      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP                       | Citizens Financial Group Inc                              | CUSIP: 174610AK1<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |   3416000 | PA      | $3407843.82   | 0.64%             | 2025-12-03      | Fixed         | 4.30%                 | No            |                  2 | On Loan: —       |
| BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES | BlackRock Cash Funds: Treasury, SL Agency Shares          | CUSIP: 066922477<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        | 129060000 | NS      | $129060000.00 | 24.35%            |  |  |  | No            |                  1 | On Loan: No      |
| GOLDMAN SACHS GROUP INC                        | Goldman Sachs Group Inc/The                               | CUSIP: 38141GVR2<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |   8690000 | PA      | $8678388.51   | 1.64%             | 2025-10-21      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Clover Holdings SPV III LLC                    | Clover Holdings SPV III LLC 2024 USD Term Loan            | CUSIP: 000000000<br>LEI: 549300RFUWCPWS8FQ104 | Long             | LON              | CORP              | US        |         0 | PA      | $0.00         | 0.00%             | 2027-12-09      | Fixed         | 15.00%                | No            |                  2 | On Loan: No      |
| Halliburton Co                                 | Halliburton Co                                            | CUSIP: 406216BG5<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | DBT              | CORP              | US        |   1038000 | PA      | $1034610.31   | 0.20%             | 2025-11-15      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| ROYALTY PHARMA PLC                             | Royalty Pharma PLC                                        | CUSIP: 78081BAH6<br>LEI: 549300FGFN7VOK8BZR03 | Long             | DBT              | CORP              | GB        |   4815000 | PA      | $4796087.55   | 0.90%             | 2025-09-02      | Fixed         | 1.20%                 | No            |                  2 | On Loan: No      |
| NEXTERA ENERGY CAPITAL                         | NextEra Energy Capital Holdings Inc                       | CUSIP: 65339KBS8<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | DBT              | CORP              | US        |   8478000 | PA      | $8481066.24   | 1.60%             | 2025-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| COCA-COLA CONSOLIDATED                         | Coca-Cola Consolidated Inc                                | CUSIP: 191098AK8<br>LEI: 57VG5X0E00X0QJU7CQ58 | Long             | DBT              | CORP              | US        |    145000 | PA      | $144471.14    | 0.03%             | 2025-11-25      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| Citigroup Inc                                  | Citigroup Inc                                             | CUSIP: 172967HB0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |   5660000 | PA      | $5661319.63   | 1.07%             | 2025-09-13      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Stryker Corp                                   | Stryker Corp                                              | CUSIP: 863667AH4<br>LEI: 5493002F0SC4JTBU5137 | Long             | DBT              | CORP              | US        |   2280000 | PA      | $2272206.75   | 0.43%             | 2025-11-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: —       |
| ELEVANCE HEALTH INC                            | Elevance Health Inc                                       | CUSIP: 036752AV5<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | DBT              | CORP              | US        |    135000 | PA      | $135039.50    | 0.03%             | 2025-10-15      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| CIGNA GROUP/THE                                | Cigna Group/The                                           | CUSIP: 125523AG5<br>LEI: 549300VIWYMSIGT1U456 | Long             | DBT              | CORP              | US        |   3365000 | PA      | $3357269.08   | 0.63%             | 2025-11-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Cardinal Health Inc                            | Cardinal Health Inc                                       | CUSIP: 14149YBE7<br>LEI: CCU46N3GJMF4OK4N7U60 | Long             | DBT              | CORP              | US        |    180000 | PA      | $179781.95    | 0.03%             | 2025-09-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Dover Corp                                     | Dover Corp                                                | CUSIP: 260003AM0<br>LEI: 549300FMC2ALGA7N9E80 | Long             | DBT              | CORP              | US        |   1121000 | PA      | $1115403.60   | 0.21%             | 2025-11-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| AERCAP IRELAND CAP/GLOBA                       | AerCap Ireland Capital DAC / AerCap Global Aviation Trust | CUSIP: 00774MAG0<br>LEI: N/A                  | Long             | DBT              | CORP              | IE        |   5135000 | PA      | $5132993.65   | 0.97%             | 2025-10-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER                        | American Electric Power Co Inc                            | CUSIP: 025537AR2<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | DBT              | CORP              | US        |   3230000 | PA      | $3198424.36   | 0.60%             | 2025-11-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| BROADCOM INC                                   | Broadcom Inc                                              | CUSIP: 11135FBB6<br>LEI: 549300WV6GIDOZJTV909 | Long             | DBT              | CORP              | US        |    790000 | PA      | $786173.60    | 0.15%             | 2025-11-15      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| Zoetis Inc                                     | Zoetis Inc                                                | CUSIP: 98978VAK9<br>LEI: 549300HD9Q1LOC9KLJ48 | Long             | DBT              | CORP              | US        |   1857000 | PA      | $1853803.82   | 0.35%             | 2025-11-13      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| EQUINIX INC                                    | Equinix Inc                                               | CUSIP: 29444UBK1<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | DBT              |  | US        |   2425000 | PA      | $2412751.83   | 0.46%             | 2025-09-15      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| KEY BANK NA                                    | KeyBank NA/Cleveland OH                                   | CUSIP: 49327M3E2<br>LEI: HUX2X73FUCYHUVH1BK78 | Long             | DBT              | CORP              | US        |   4220000 | PA      | $4219303.45   | 0.80%             | 2025-08-08      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| ORACLE CORP                                    | Oracle Corp                                               | CUSIP: 68389XCF0<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | DBT              | CORP              | US        |   5730000 | PA      | $5746965.50   | 1.08%             | 2025-11-10      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| ONEOK INC                                      | ONEOK Inc                                                 | CUSIP: 682680BA0<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | DBT              | CORP              | US        |    215000 | PA      | $214280.08    | 0.04%             | 2025-09-15      | Fixed         | 2.20%                 | No            |                  2 | On Loan: —       |
| LOWE'S COS INC                                 | Lowe's Cos Inc                                            | CUSIP: 548661DH7<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | DBT              | CORP              | US        |   1305000 | PA      | $1302156.50   | 0.25%             | 2025-09-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                              | Sysco Corp                                                | CUSIP: 871829AZ0<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | DBT              | CORP              | US        |   1445000 | PA      | $1442255.86   | 0.27%             | 2025-10-01      | Fixed         | 3.75%                 | 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