The Markets in Review

Dear Shareholder,

Despite an uncertain economic landscape during the 12-month reporting period ended August 31, 2023, the resilience of the U.S. economy in the face of ever tighter financial conditions provided an encouraging backdrop for investors. While inflation was near multi-decade highs at the beginning of the period, it declined precipitously as commodity prices dropped. Labor shortages also moderated, although wages continued to grow and unemployment rates reached the lowest levels in decades. This robust labor market powered further growth in consumer spending, backstopping the economy.

Equity returns were solid, as the durability of consumer sentiment eased investors’ concerns about the economy’s trajectory. The U.S. economy resumed growth in the third quarter of 2022 and continued to expand thereafter. Most major classes of equities rose, as large-capitalization U.S. stocks and developed market equities advanced strongly. However, small-capitalization U.S. stocks and emerging market equities posted more modest gains.

The 10-year U.S. Treasury yield rose during the reporting period, driving its price down, as investors reacted to elevated inflation and attempted to anticipate future interest rate changes. The corporate bond market also faced inflationary headwinds, although high-yield corporate bond prices fared significantly better than investment-grade bonds as demand from yield-seeking investors remained strong.

The U.S. Federal Reserve (the “Fed”), acknowledging that inflation has been more persistent than expected, raised interest rates seven times during the 12-month period. Furthermore, the Fed wound down its bond-buying programs and incrementally reduced its balance sheet by not replacing securities that reach maturity. However, the Fed declined to raise interest rates at its June 2023 meeting, the first time it paused its tightening in the current cycle, before again raising rates in July 2023.

Supply constraints appear to have become an embedded feature of the new macroeconomic environment, making it difficult for developed economies to increase production without sparking higher inflation. Geopolitical fragmentation and an aging population risk further exacerbating these constraints, keeping the labor market tight and wage growth high. Although the Fed has decelerated the pace of interest rate hikes and recently opted for two pauses, we believe that the new economic regime means that the Fed will need to maintain high rates for an extended period to keep inflation under control. Furthermore, ongoing structural changes may mean that the Fed will be hesitant to cut interest rates in the event of faltering economic activity lest inflation accelerate again. We believe investors should expect a period of higher volatility as markets adjust to the new economic reality and policymakers attempt to adapt.

While we favor an overweight position to developed market equities in the long term, we prefer an underweight stance in the near term. Expectations for corporate earnings remain elevated, which seems inconsistent with macroeconomic constraints. Nevertheless, we are overweight on emerging market stocks in the near term as growth trends for emerging markets appear brighter. We also believe that stocks with an AI tilt should benefit from an investment cycle that is set to support revenues and margins. In credit, there are selective opportunities in the near term despite tightening credit and financial conditions. For fixed income investing with a six- to twelve-month horizon, we see the most attractive investments in short-term U.S. Treasuries, U.S. inflation-linked bonds, U.S. mortgage-backed securities, and hard-currency emerging market bonds.

Overall, our view is that investors need to think globally, position themselves to be prepared for a decarbonizing economy, and be nimble as market conditions change. We encourage you to talk with your financial advisor and visit iShares.com for further insight about investing in today’s markets.

LOGO

Rob Kapito

President, BlackRock, Inc.

LOGO

Rob Kapito

President, BlackRock, Inc.


Total Returns as of August 31, 2023
	6-Month	12-Month

U.S. large cap equities (S&P 500^® Index)	14.50%	15.94%

U.S. small cap equities (Russell 2000^® Index)	0.99	4.65

International equities (MSCI Europe, Australasia, Far East Index)	4.75	17.92

Emerging market equities (MSCI Emerging Markets Index)	3.62	1.25

3-month Treasury bills (ICE BofA 3-Month U.S. Treasury Bill Index)	2.47	4.25

U.S. Treasury securities (ICE BofA 10-Year U.S. Treasury Index)	0.11	(4.71)

U.S. investment grade bonds (Bloomberg U.S. Aggregate Bond Index)	0.95	(1.19)

Tax-exempt municipal bonds (Bloomberg Municipal Bond Index)	1.04	1.70

U.S. high yield bonds (Bloomberg U.S. Corporate High Yield 2% Issuer Capped Index)	4.55	7.19
Past performance is not an indication of future results. Index performance is shown for illustrative purposes only. You cannot invest directly in an index.

The iShares ESG Aware 1-5 Year USD Corporate Bond ETF (the “Fund”) seeks to track the investment results of an index composed of U.S. dollar-denominated, investment-grade corporate bonds having remaining maturities between one and five years and issued by companies that have positive environmental, social and governance characteristics while seeking to exhibit risk and return characteristics similar to those of the parent index of such index, as represented by the Bloomberg MSCI US Corporate 1-5 Year ESG Focus Index (the “Index”). The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index.

The inception date of the Fund was July 11, 2017. The first day of secondary market trading was July 13, 2017.

Past performance is not an indication of future results. Performance results do not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption or sale of fund shares. See “About Fund Performance” for more information.

The iShares ESG Aware U.S. Aggregate Bond ETF (the “Fund”) seeks to track the investment results of an index composed of U.S. dollar-denominated, investment-grade bonds from issuers generally evaluated for favorable environmental, social and governance practices while seeking to exhibit risk and return characteristics similar to those of the broad U.S. dollar-denominated investment-grade bond market, as represented by the Bloomberg MSCI US Aggregate ESG Focus Index (the “Index”). The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index.

The inception date of the Fund was October 18, 2018. The first day of secondary market trading was October 23, 2018.

The iShares ESG Aware USD Corporate Bond ETF (the “Fund”) seeks to track the investment results of an index composed of U.S. dollar-denominated, investment-grade corporate bonds issued by companies that have positive environmental, social and governance characteristics while seeking to exhibit risk and return characteristics similar to those of the parent index of such index, as represented by the Bloomberg MSCI US Corporate ESG Focus Index (the “Index”). The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index.

The inception date of the Fund was July 11, 2017. The first day of secondary market trading was July 13, 2017.

Past performance is not an indication of future results. Financial markets have experienced extreme volatility and trading in many instruments has been disrupted. These circumstances may continue for an extended period of time and may continue to affect adversely the value and liquidity of each Fund’s investments. As a result, current performance may be lower or higher than the performance data quoted. Performance data current to the most recent month-end is available at iShares.com. Performance results assume reinvestment of all dividends and capital gain distributions and do not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption or sale of fund shares. The investment return and principal value of shares will vary with changes in market conditions. Shares may be worth more or less than their original cost when they are redeemed or sold in the market. Performance for certain funds may reflect a waiver of a portion of investment advisory fees. Without such a waiver, performance would have been lower.

Net asset value or “NAV” is the value of one share of a fund as calculated in accordance with the standard formula for valuing mutual fund shares. Beginning August 10, 2020, the price used to calculate market return (“Market Price”) is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the highest bid and the lowest ask on the primary stock exchange on which shares of a fund are listed for trading, as of the time that such fund’s NAV is calculated. Since shares of a fund may not trade in the secondary market until after the fund’s inception, for the period from inception to the first day of secondary market trading in shares of the fund, the NAV of the fund is used as a proxy for the Market Price to calculate market returns. Market and NAV returns assume that dividends and capital gain distributions have been reinvested at Market Price and NAV, respectively.

An index is a statistical composite that tracks a specified financial market or sector. Unlike a fund, an index does not actually hold a portfolio of securities and therefore does not incur the expenses incurred by a fund. These expenses negatively impact fund performance. Also, market returns do not include brokerage commissions that may be payable on secondary market transactions. If brokerage commissions were included, market returns would be lower.

Shareholders of each Fund may incur the following charges: (1) transactional expenses, including brokerage commissions on purchases and sales of fund shares and (2) ongoing expenses, including management fees and other fund expenses. The expense examples shown (which are based on a hypothetical investment of $1,000 invested at the beginning of the period and held through the end of the period) are intended to assist shareholders both in calculating expenses based on an investment in each Fund and in comparing these expenses with similar costs of investing in other funds.

The expense examples provide information about actual account values and actual expenses. Annualized expense ratios reflect contractual and voluntary fee waivers, if any. In order to estimate the expenses a shareholder paid during the period covered by this report, shareholders can divide their account value by $1,000 and then multiply the result by the number under the heading entitled “Expenses Paid During the Period.”

The expense examples also provide information about hypothetical account values and hypothetical expenses based on a fund’s actual expense ratio and an assumed rate of return of 5% per year before expenses. In order to assist shareholders in comparing the ongoing expenses of investing in the Funds and other funds, compare the 5% hypothetical examples with the 5% hypothetical examples that appear in the shareholder reports of the other funds.

The expenses shown in the expense examples are intended to highlight shareholders’ ongoing costs only and do not reflect any transactional expenses, such as brokerage commissions and other fees paid on purchases and sales of fund shares. Therefore, the hypothetical examples are useful in comparing ongoing expenses only and will not help shareholders determine the relative total expenses of owning different funds. If these transactional expenses were included, shareholder expenses would have been higher.


Security	Par (000)		Value

Corporate Bonds & Notes

Aerospace & Defense — 0.3%
Hexcel Corp.
4.20%, 02/15/27 (Call 11/15/26)	$	1,020	$	958,535
4.95%, 08/15/25 (Call 05/15/25)		10		9,735
L3Harris Technologies Inc.
3.83%, 04/27/25 (Call 01/27/25)		748		727,976
3.85%, 12/15/26 (Call 09/15/26)		75		71,613
5.40%, 01/15/27		540		541,280
RTX Corp.
2.65%, 11/01/26 (Call 08/01/26)^(a)		15		13,914
3.13%, 05/04/27 (Call 02/04/27)		15		13,979
3.50%, 03/15/27 (Call 12/15/26)		65		61,370
3.95%, 08/16/25 (Call 06/16/25)		63		61,257

				2,459,659

Agriculture — 0.9%
Archer-Daniels-Midland Co., 2.50%, 08/11/26 (Call 05/11/26)		35		32,855
Bunge Ltd. Finance Corp.
1.63%, 08/17/25 (Call 07/17/25)		4,686		4,339,517
3.25%, 08/15/26 (Call 05/15/26)		3,080		2,899,574
3.75%, 09/25/27 (Call 06/25/27)		250		235,327

				7,507,273

Airlines — 0.0%
Southwest Airlines Co., 5.13%, 06/15/27 (Call 04/15/27)		20		19,750


Apparel — 0.4%
NIKE Inc., 2.40%, 03/27/25 (Call 02/27/25)		388		371,510
PVH Corp., 4.63%, 07/10/25 (Call 06/10/25)		1,007		974,011
Ralph Lauren Corp., 3.75%, 09/15/25 (Call 07/15/25)^(a)		333		322,550
Tapestry Inc.
4.13%, 07/15/27 (Call 04/15/27)		10		9,337
4.25%, 04/01/25 (Call 01/01/25)		70		68,060
VF Corp.
2.40%, 04/23/25 (Call 03/23/25)		585		552,117
2.80%, 04/23/27 (Call 02/23/27)^(a)		775		703,956

				3,001,541

Auto Manufacturers — 1.9%
American Honda Finance Corp.
1.00%, 09/10/25^(a)		270		247,493
1.20%, 07/08/25		204		189,094
1.30%, 09/09/26		35		31,231
2.30%, 09/09/26		55		50,555
2.35%, 01/08/27		45		41,185
4.70%, 01/12/28		2,050		2,023,739
4.75%, 01/12/26		60		59,404
5.00%, 05/23/25		220		218,051
5.13%, 07/07/28		775		775,721
5.25%, 07/07/26		275		275,440
Series A, 4.60%, 04/17/25		385		380,068
Cummins Inc., 0.75%, 09/01/25 (Call 08/01/25)		2,590		2,371,508
General Motors Co.
4.00%, 04/01/25^(a)		610		593,225
6.80%, 10/01/27 (Call 08/01/27)		15		15,463
General Motors Financial Co. Inc.
1.50%, 06/10/26 (Call 05/10/26)		75		66,576
2.35%, 02/26/27 (Call 01/26/27)		950		844,721
2.70%, 08/20/27 (Call 06/20/27)		60		53,362
2.75%, 06/20/25 (Call 05/20/25)		165		155,867
2.90%, 02/26/25 (Call 01/26/25)		1,007		961,937


Security	Par (000)		Value

Auto Manufacturers (continued)
4.00%, 01/15/25 (Call 10/15/24)	$	320	$	311,091
4.00%, 10/06/26 (Call 07/06/26)		75		70,873
4.30%, 07/13/25 (Call 04/13/25)		97		94,214
4.35%, 04/09/25 (Call 02/09/25)		1,127		1,100,504
4.35%, 01/17/27 (Call 10/17/26)		115		109,416
5.00%, 04/09/27 (Call 03/09/27)		1,165		1,134,628
5.80%, 06/23/28 (Call 05/23/28)		135		133,869
6.00%, 01/09/28 (Call 12/09/27)		425		425,969
PACCAR Financial Corp.
1.80%, 02/06/25		30		28,554
4.45%, 03/30/26^(a)		60		59,476
Toyota Motor Credit Corp.
1.15%, 08/13/27		560		484,478
1.80%, 02/13/25		318		302,304
1.90%, 01/13/27^(a)		170		153,779
2.00%, 10/07/24		27		26,007
3.00%, 04/01/25		698		673,689
3.05%, 03/22/27		165		154,846
3.20%, 01/11/27		170		160,458
3.40%, 04/14/25^(a)		167		162,165
4.45%, 05/18/26		475		468,488
4.55%, 09/20/27		870		856,724
5.00%, 08/14/26		200		199,932

				16,466,104

Auto Parts & Equipment — 0.1%
Aptiv PLC, 2.40%, 02/18/25 (Call 09/11/23)		150		142,832
BorgWarner Inc.
2.65%, 07/01/27 (Call 05/01/27)^(a)		640		579,942
3.38%, 03/15/25 (Call 12/15/24)^(a)		294		283,769
Lear Corp., 3.80%, 09/15/27 (Call 06/15/27)^(a)		40		37,462

				1,044,005

Banks — 33.2%
Banco Bilbao Vizcaya Argentaria SA
1.13%, 09/18/25^(a)		7,743		7,063,319
6.14%, 09/14/28 (Call 09/14/27), (1-year CMT + 2.700%)^(b)		790		793,199
Banco Santander SA
1.72%, 09/14/27 (Call 09/14/26), (1-year CMT + 0.900%)^(b)		315		276,728
1.85%, 03/25/26		1,612		1,456,781
2.75%, 05/28/25		325		307,603
3.80%, 02/23/28		400		366,252
4.18%, 03/24/28 (Call 03/24/27), (1-year CMT + 2.000%)^(b)		1,195		1,119,476
4.25%, 04/11/27		1,165		1,101,566
5.18%, 11/19/25		442		432,148
5.59%, 08/08/28		400		396,508
Bank of America Corp.
0.98%, 09/25/25 (Call 09/25/24), (1-day SOFR + 0.910%)^(b)		400		378,620
1.20%, 10/24/26 (Call 10/24/25), (1-day SOFR + 1.010%)^(b)		160		145,008
1.32%, 06/19/26 (Call 06/19/25), (1-day SOFR + 1.150%)^(b)		400		368,000
1.53%, 12/06/25 (Call 12/06/24), (1-day SOFR + 0.650%)^(b)		5		4,729
1.73%, 07/22/27 (Call 07/22/26), (1-day SOFR + 0.960%)^(b)		2,406		2,153,081


Security	Par (000)		Value

Banks (continued)
2.02%, 02/13/26 (Call 02/13/25), (3-mo. SOFR + 0.902%)^(b)	$	4,550	$	4,291,696
2.09%, 06/14/29 (Call 06/14/28), (1-day SOFR + 1.060%)^(b)		800		682,056
2.46%, 10/22/25 (Call 10/22/24), (3-mo. SOFR + 1.132%)^(b)		865		831,282
2.55%, 02/04/28 (Call 02/04/27), (1-day SOFR + 1.050%)^(b)		685		619,658
3.09%, 10/01/25 (Call 10/01/24), (3-mo. SOFR + 1.352%)^(b)		363		351,740
3.25%, 10/21/27 (Call 10/21/26)		40		37,261
3.37%, 01/23/26 (Call 01/23/25), (3-mo. SOFR + 1.072%)^(b)		672		647,734
3.38%, 04/02/26 (Call 04/02/25), (1-day SOFR + 1.330%)^(b)		300		288,372
3.42%, 12/20/28 (Call 12/20/27), (3-mo. SOFR + 1.302%)^(b)		2,070		1,897,134
3.50%, 04/19/26^(a)		69		65,656
3.56%, 04/23/27 (Call 04/23/26), (3-mo. SOFR + 1.322%)^(b)		345		326,863
3.59%, 07/21/28 (Call 07/21/27), (3-mo. SOFR + 1.632%)^(b)		1,030		958,054
3.71%, 04/24/28 (Call 04/24/27), (3-mo. SOFR + 1.774%)^(b)		2,245		2,100,804
3.82%, 01/20/28 (Call 01/20/27), (3-mo. SOFR + 1.837%)^(b)		1,725		1,625,881
3.88%, 08/01/25		66		64,219
4.00%, 01/22/25		274		267,172
4.25%, 10/22/26^(a)		130		124,729
4.27%, 07/23/29 (Call 07/23/28), (3-mo. SOFR + 1.572%)^(b)		500		471,675
4.38%, 04/27/28 (Call 04/27/27), (1-day SOFR + 1.580%)^(b)		1,440		1,380,917
4.45%, 03/03/26		180		174,996
4.83%, 07/22/26 (Call 07/22/25), (1-day SOFR + 1.750%)^(b)		35		34,345
4.95%, 07/22/28 (Call 07/22/27), (1-day SOFR + 2.040%)^(b)		1,000		978,780
5.08%, 01/20/27 (Call 01/20/26), (1-day SOFR + 1.290%)^(b)		450		444,087
5.20%, 04/25/29 (Call 04/25/28), (1-day SOFR + 1.630%)^(b)		1,500		1,476,510
6.20%, 11/10/28 (Call 11/10/27), (1-day SOFR + 1.990%)^(b)		1,340		1,371,477
6.22%, 09/15/26		15		15,323
Series L, 3.95%, 04/21/25		882		854,323
Series L, 4.18%, 11/25/27 (Call 11/25/26)		1,360		1,290,722
Series N, 1.66%, 03/11/27 (Call 03/11/26), (1-day SOFR + 0.910%)^(b)		908		820,160
Bank of Montreal
0.95%, 01/22/27 (Call 01/22/26), (1-day SOFR + 0.603%)^(b)		2,420		2,171,853
1.25%, 09/15/26		1,375		1,218,305
1.50%, 01/10/25		180		170,307
1.85%, 05/01/25		212		199,170
2.65%, 03/08/27		75		68,452
3.70%, 06/07/25		80		77,311
3.80%, 12/15/32 (Call 12/15/27), (5-year USD Swap + 1.432%)^(b)		45		39,742
5.20%, 02/01/28 (Call 01/01/28)		1,275		1,264,698


Security	Par (000)		Value

Banks (continued)
5.30%, 06/05/26	$	190	$	189,297
Series H, 4.70%, 09/14/27 (Call 08/14/27)		40		39,030
Bank of New York Mellon Corp. (The)
0.75%, 01/28/26 (Call 12/28/25)		165		148,856
1.05%, 10/15/26 (Call 09/15/26)^(a)		50		43,988
1.60%, 04/24/25 (Call 03/24/25)		1,880		1,765,752
1.65%, 07/14/28 (Call 05/14/28)		1,000		853,970
2.05%, 01/26/27 (Call 12/26/26)^(a)		50		45,166
2.10%, 10/24/24		603		581,250
2.45%, 08/17/26 (Call 05/17/26)		20		18,519
2.80%, 05/04/26 (Call 02/04/26)		140		131,443
3.40%, 01/29/28 (Call 10/29/27)^(a)		30		27,962
3.44%, 02/07/28 (Call 02/07/27), (3-mo. SOFR + 1.331%)^(b)		45		42,379
3.85%, 04/28/28^(a)		1,240		1,180,207
3.95%, 11/18/25 (Call 10/18/25)		110		106,351
3.99%, 06/13/28 (Call 06/13/27), (1-day SOFR + 1.151%)^(a)(b)		20		19,108
4.54%, 02/01/29 (Call 02/01/28), (1-day SOFR + 1.168%)^(b)		500		485,410
4.95%, 04/26/27 (Call 04/26/26), (1-day SOFR + 1.026%)^(b)		505		496,955
5.80%, 10/25/28 (Call 10/25/27), (1-day SOFR + 1.802%)^(b)		165		166,878
Series G, 3.00%, 02/24/25 (Call 01/24/25)		250		240,860
Bank of Nova Scotia (The)
1.05%, 03/02/26		4,625		4,147,006
1.30%, 06/11/25^(a)		1,656		1,533,887
1.30%, 09/15/26		3,830		3,391,733
1.35%, 06/24/26		1,855		1,657,572
1.45%, 01/10/25		70		66,203
1.95%, 02/02/27		120		107,309
2.20%, 02/03/25		2,314		2,204,687
2.70%, 08/03/26		1,320		1,226,465
2.95%, 03/11/27		220		202,937
3.45%, 04/11/25		70		67,612
4.50%, 12/16/25		50		48,460
4.75%, 02/02/26		750		736,890
5.25%, 06/12/28		210		208,127
Bank OZK, 2.75%, 10/01/31 (Call 10/01/26),
(3-mo. SOFR + 2.090%)^(a)(b)		100		77,008
Barclays PLC
2.28%, 11/24/27 (Call 11/24/26), (1-year CMT + 1.050%)^(b)		2,305		2,047,693
2.85%, 05/07/26 (Call 05/07/25), (1-day SOFR + 2.714%)^(b)		800		756,176
3.65%, 03/16/25		305		294,288
4.38%, 01/12/26		1,460		1,407,338
4.84%, 05/09/28 (Call 05/07/27)		400		370,392
4.97%, 05/16/29 (Call 05/16/28), (3-mo. LIBOR US + 1.902%)^(b)		800		759,872
5.20%, 05/12/26		980		951,649
5.30%, 08/09/26 (Call 08/09/25), (1-year CMT + 2.300%)^(b)		50		49,244
5.83%, 05/09/27 (Call 05/09/26), (1-day SOFR + 2.210%)^(b)		905		897,136
7.39%, 11/02/28 (Call 11/02/27), (1-year CMT + 3.300%)^(b)		300		312,372
BNP Paribas SA, 4.25%, 10/15/24		740		724,297
BPCE SA, 3.38%, 12/02/26		175		163,170


Security	Par (000)		Value

Banks (continued)
Canadian Imperial Bank of Commerce
0.95%, 10/23/25	$	775	$	706,606
1.00%, 10/18/24		40		37,947
1.25%, 06/22/26		210		187,207
2.25%, 01/28/25		1,788		1,705,198
3.30%, 04/07/25		230		221,649
3.45%, 04/07/27		130		121,420
3.95%, 08/04/25		140		135,642
5.00%, 04/28/28		330		323,228
5.14%, 04/28/25		325		322,371
5.61%, 07/17/26		160		160,389
Citigroup Inc.
1.12%, 01/28/27 (Call 01/28/26), (1-day SOFR + 0.765%)^(b)		3,155		2,826,754
1.28%, 11/03/25 (Call 11/03/24), (1-day SOFR + 0.528%)^(b)		82		77,560
1.46%, 06/09/27 (Call 06/09/26), (1-day SOFR + 0.770%)^(b)		1,465		1,304,509
2.01%, 01/25/26 (Call 01/25/25), (1-day SOFR + 0.694%)^(b)		30		28,387
3.07%, 02/24/28 (Call 02/24/27), (1-day SOFR + 1.280%)^(b)		1,395		1,281,001
3.11%, 04/08/26 (Call 04/08/25), (1-day SOFR + 2.842%)^(b)		1,327		1,269,952
3.20%, 10/21/26 (Call 07/21/26)		55		51,291
3.29%, 03/17/26 (Call 03/17/25), (1-day SOFR + 1.528%)^(b)		70		67,250
3.30%, 04/27/25		518		500,419
3.40%, 05/01/26		110		104,095
3.52%, 10/27/28 (Call 10/27/27), (3-mo. SOFR + 1.412%)^(b)		945		871,205
3.67%, 07/24/28 (Call 07/24/27), (3-mo. SOFR + 1.652%)^(b)		190		176,715
3.70%, 01/12/26		2,045		1,960,603
3.88%, 03/26/25		205		198,666
3.89%, 01/10/28 (Call 01/10/27), (3-mo. SOFR + 1.825%)^(b)		1,225		1,157,233
4.08%, 04/23/29 (Call 04/23/28), (3-mo. SOFR + 1.454%)^(b)		500		468,815
4.13%, 07/25/28		400		373,076
4.30%, 11/20/26		50		47,976
4.40%, 06/10/25		833		812,242
4.45%, 09/29/27^(a)		1,110		1,061,060
4.60%, 03/09/26		150		145,992
4.66%, 05/24/28 (Call 05/24/27), (1-day SOFR + 1.887%)^(b)		715		696,160
5.50%, 09/13/25		417		414,711
Citizens Bank NA
2.25%, 04/28/25 (Call 03/28/25)		250		231,803
4.58%, 08/09/28 (Call 08/09/27), (1-day SOFR + 2.000%)^(b)		500		466,010
Citizens Financial Group Inc., 2.85%, 07/27/26
(Call 04/27/26)		2		1,813
Comerica Bank, 4.00%, 07/27/25		265		248,432
Cooperatieve Rabobank UA, 4.38%, 08/04/25		250		242,335
Cooperatieve Rabobank UA/New York, 3.38%, 05/21/25		30		28,947
Credit Suisse AG/New York
2.95%, 04/09/25		240		227,950
3.70%, 02/21/25		1,920		1,852,109
5.00%, 07/09/27		900		876,879


Security	Par (000)		Value

Banks (continued)
7.50%, 02/15/28	$	1,240	$	1,326,217
Deutsche Bank AG
4.10%, 01/13/26^(a)		560		536,043
4.50%, 04/01/25		45		43,315
Deutsche Bank AG/New York NY
1.69%, 03/19/26		185		167,956
2.13%, 11/24/26 (Call 11/24/25), (1-day SOFR + 1.870%)^(b)		1,595		1,446,649
2.31%, 11/16/27 (Call 11/16/26), (1-day SOFR + 1.219%)^(b)		710		622,358
2.55%, 01/07/28 (Call 01/07/27), (1-day SOFR + 1.318%)^(b)		780		688,662
3.96%, 11/26/25 (Call 11/26/24), (1-day SOFR + 2.581%)^(b)		2,210		2,132,650
4.10%, 01/13/26		923		877,856
6.72%, 01/18/29 (Call 01/18/28), (1-day SOFR + 3.180%)^(b)		190		192,138
7.15%, 07/13/27 (Call 07/13/26), (1-day SOFR + 2.520%)^(b)		400		405,788
Discover Bank
3.45%, 07/27/26 (Call 04/27/26)		55		50,371
4.25%, 03/13/26		5		4,752
Fifth Third Bancorp
1.71%, 11/01/27 (Call 11/01/26), (1-day SOFR + 0.685%)^(b)		5		4,345
4.06%, 04/25/28 (Call 04/25/27), (1-day SOFR + 1.355%)^(a)(b)		10		9,346
6.34%, 07/27/29 (Call 07/27/28), (1-day SOFR + 2.340%)^(b)		680		687,997
First Horizon Corp., 4.00%, 05/26/25 (Call 04/26/25)^(a)		177		167,290
Goldman Sachs Group Inc.,
0.86%, 02/12/26 (Call 02/12/25), (1-day SOFR + 0.609%)^(b)		70		64,959
1.09%, 12/09/26 (Call 12/09/25), (1-day SOFR + 0.789%)^(b)		160		143,600
1.43%, 03/09/27 (Call 03/09/26), (1-day SOFR + 0.798%)^(b)		2,372		2,126,474
1.54%, 09/10/27 (Call 09/10/26), (1-day SOFR + 0.818%)^(b)		1,545		1,363,323
1.95%, 10/21/27 (Call 10/21/26), (1-day SOFR + 0.913%)^(b)		3,220		2,865,220
2.64%, 02/24/28 (Call 02/24/27), (1-day SOFR + 1.114%)^(b)		1,720		1,556,101
3.50%, 01/23/25 (Call 10/23/24)		166		160,839
3.50%, 04/01/25 (Call 03/01/25)		164		158,294
3.50%, 11/16/26 (Call 11/16/25)		85		79,901
3.62%, 03/15/28 (Call 03/15/27), (1-day SOFR + 1.846%)^(b)		1,180		1,103,748
3.69%, 06/05/28 (Call 06/05/27), (3-mo. SOFR + 1.772%)^(b)		1,035		968,905
3.75%, 05/22/25 (Call 02/22/25)		131		126,593
3.75%, 02/25/26 (Call 11/25/25)		25		23,966
3.81%, 04/23/29 (Call 04/23/28), (3-mo. SOFR + 1.420%)^(b)		700		647,514
3.85%, 01/26/27 (Call 01/26/26)		115		109,129
4.22%, 05/01/29 (Call 05/01/28), (3-mo. SOFR + 1.563%)^(b)		980		922,445
4.25%, 10/21/25		130		126,044
4.48%, 08/23/28 (Call 08/23/27), (1-day SOFR + 1.725%)^(b)		215		206,858


Security	Par (000)		Value

Banks (continued)
5.80%, 08/10/26 (Call 08/10/25), (1-day SOFR + 1.075%)^(b)	$	500	$	498,300
5.95%, 01/15/27		130		131,269
HSBC Holdings PLC
1.59%, 05/24/27 (Call 05/24/26), (1-day SOFR + 1.290%)^(b)		2,970		2,640,449
1.65%, 04/18/26 (Call 04/18/25), (1-day SOFR + 1.538%)^(b)		695		647,288
2.10%, 06/04/26 (Call 06/04/25), (1-day SOFR + 1.929%)^(b)		1,265		1,179,005
2.21%, 08/17/29 (Call 08/17/28), (1-day SOFR + 1.285%)^(b)		1,000		837,570
2.25%, 11/22/27 (Call 11/22/26), (1-day SOFR + 1.100%)^(b)		490		436,659
2.63%, 11/07/25 (Call 11/07/24), (3-mo. SOFR + 1.401%)^(b)		755		723,939
3.90%, 05/25/26		2,972		2,830,265
4.04%, 03/13/28 (Call 03/13/27), (3-mo. SOFR + 1.808%)^(b)		345		323,810
4.18%, 12/09/25 (Call 12/09/24), (1-day SOFR + 1.510%)^(b)		200		194,868
4.25%, 08/18/25		429		413,629
4.29%, 09/12/26 (Call 09/12/25), (3-mo. SOFR + 1.609%)^(b)		1,445		1,393,457
4.30%, 03/08/26		365		352,740
4.38%, 11/23/26^(a)		540		514,377
4.58%, 06/19/29 (Call 06/19/28), (3-mo. SOFR + 1.796%)^(b)		1,200		1,132,740
4.76%, 06/09/28 (Call 06/09/27), (1-day SOFR + 2.110%)^(b)		550		527,400
5.89%, 08/14/27 (Call 08/14/26), (1-day SOFR + 1.570%)^(b)		700		697,865
6.16%, 03/09/29 (Call 03/09/28), (1-day SOFR + 1.970%)^(b)		250		251,678
7.34%, 11/03/26 (Call 11/03/25), (1-day SOFR + 3.030%)^(b)		270		277,792
7.39%, 11/03/28 (Call 11/03/27), (1-day SOFR + 3.350%)^(b)		545		572,473
Huntington Bancshares Inc.
4.00%, 05/15/25 (Call 04/15/25)^(a)		595		573,146
4.44%, 08/04/28 (Call 08/04/27), (1-day SOFR + 1.970%)^(a)(b)		325		305,656
Huntington National Bank (The), 4.55%, 05/17/28
(Call 05/17/27), (1-day SOFR + 1.650%)^(b)		1,925		1,821,647
ING Groep NV
1.73%, 04/01/27 (Call 04/01/26), (1-day SOFR + 1.005%)^(b)		2,390		2,149,829
3.87%, 03/28/26 (Call 03/28/25), (1-day SOFR + 1.640%)^(b)		200		193,676
3.95%, 03/29/27		495		469,587
4.02%, 03/28/28 (Call 03/28/27), (1-day SOFR + 1.830%)^(b)		310		291,710
JPMorgan Chase & Co.
1.04%, 02/04/27 (Call 02/04/26), (3-mo. SOFR + 0.695%)^(a)(b)		685		612,143
1.05%, 11/19/26 (Call 11/19/25), (1-day SOFR + 0.800%)^(b)		240		216,535
1.47%, 09/22/27 (Call 09/22/26), (1-day SOFR + 0.765%)^(b)		2,645		2,336,038


Security	Par (000)		Value

Banks (continued)
1.56%, 12/10/25 (Call 12/10/24), (1-day SOFR + 0.605%)^(b)	$	32	$	30,223
1.58%, 04/22/27 (Call 04/22/26), (1-day SOFR + 0.885%)^(b)		3,015		2,707,500
2.01%, 03/13/26 (Call 03/13/25), (3-mo. SOFR + 1.585%)^(b)		2,605		2,457,427
2.08%, 04/22/26 (Call 04/22/25), (1-day SOFR + 1.850%)^(b)		3,672		3,454,654
2.18%, 06/01/28 (Call 06/01/27), (1-day SOFR + 1.890%)^(b)		100		88,807
2.30%, 10/15/25 (Call 10/15/24), (1-day SOFR + 1.160%)^(b)		249		238,833
2.60%, 02/24/26 (Call 02/24/25), (1-day SOFR + 0.915%)^(b)		15		14,324
2.95%, 10/01/26 (Call 07/01/26)^(a)		5		4,669
2.95%, 02/24/28 (Call 02/24/27), (1-day SOFR + 1.170%)^(b)		460		421,880
3.13%, 01/23/25 (Call 10/23/24)		239		231,240
3.20%, 06/15/26 (Call 03/15/26)		110		104,213
3.30%, 04/01/26 (Call 01/01/26)		25		23,748
3.54%, 05/01/28 (Call 05/01/27), (3-mo. SOFR + 1.642%)^(b)		195		182,091
3.78%, 02/01/28 (Call 02/01/27), (3-mo. SOFR + 1.599%)^(b)		2,185		2,063,143
3.88%, 09/10/24		6		5,878
3.90%, 07/15/25 (Call 04/15/25)		106		103,004
3.96%, 01/29/27 (Call 01/29/26), (3-mo. SOFR + 1.507%)^(b)		80		76,943
4.08%, 04/26/26 (Call 04/26/25), (1-day SOFR + 1.320%)^(b)		115		112,130
4.13%, 12/15/26		70		67,366
4.32%, 04/26/28 (Call 04/26/27), (1-day SOFR + 1.560%)^(b)		3,270		3,144,857
4.85%, 07/25/28 (Call 07/25/27), (1-day SOFR + 1.990%)^(b)		1,875		1,837,612
5.30%, 07/24/29, (1-day SOFR + 1.450%)^(b)		1,390		1,382,063
7.63%, 10/15/26^(a)		30		31,891
7.75%, 07/15/25		35		36,397
8.00%, 04/29/27^(a)		195		213,872
KeyCorp, 4.10%, 04/30/28		740		664,446
Lloyds Bank PLC, 3.50%, 05/14/25		700		671,860
Lloyds Banking Group PLC
1.63%, 05/11/27 (Call 05/11/26), (1-year CMT + 0.850%)^(b)		560		500,052
2.44%, 02/05/26 (Call 02/05/25), (1-year CMT + 1.000%)^(b)		2,220		2,105,426
3.51%, 03/18/26 (Call 03/18/25), (1-year CMT + 1.600%)^(b)		20		19,233
3.57%, 11/07/28 (Call 11/07/27), (3-mo. LIBOR US + 1.205%)^(b)		395		358,577
3.75%, 03/18/28 (Call 03/18/27), (1-year CMT + 1.800%)^(b)		85		79,062
4.45%, 05/08/25		345		336,630
4.55%, 08/16/28		300		284,451
4.58%, 12/10/25		1,452		1,397,521
4.65%, 03/24/26		2,885		2,784,487
5.87%, 03/06/29 (Call 03/06/28), (1-year CMT + 1.700%)^(b)		305		302,792
5.99%, 08/07/27 (Call 08/07/26), (1-year CMT + 1.480%)^(b)		600		599,370


Security	Par (000)		Value

Banks (continued)
Mitsubishi UFJ Financial Group Inc.
1.41%, 07/17/25	$	200	$	184,706
1.64%, 10/13/27 (Call 10/13/26), (1-year CMT + 0.670%)^(b)		55		48,748
2.19%, 02/25/25		1,500		1,423,500
2.34%, 01/19/28 (Call 01/19/27), (1-year CMT + 0.830%)^(b)		570		511,347
3.29%, 07/25/27^(a)		525		487,846
3.78%, 03/02/25		133		129,122
3.85%, 03/01/26		50		48,001
3.96%, 03/02/28		695		661,598
4.08%, 04/19/28 (Call 04/19/27), (1-year CMT + 1.300%)^(b)		960		911,962
5.02%, 07/20/28 (Call 07/20/27), (1-year CMT + 1.950%)^(b)		570		558,155
5.24%, 04/19/29, (1-year CMT + 1.700%)^(b)		335		330,501
5.35%, 09/13/28 (Call 09/13/27), (1-year CMT + 1.900%)^(b)		410		406,322
5.42%, 02/22/29 (Call 02/22/28), (1-year CMT + 1.380%)^(a)(b)		430		427,902
5.54%, 04/17/26 (Call 04/17/25), (1-year CMT + 1.500%)^(b)		200		199,022
5.72%, 02/20/26 (Call 02/20/25), (1-year CMT + 1.080%)^(b)		405		404,044
Mizuho Financial Group Inc.
1.23%, 05/22/27 (Call 05/22/26), (1-year CMT + 0.670%)^(b)		650		575,081
1.55%, 07/09/27 (Call 07/09/26), (1-year CMT + 0.750%)^(b)		70		62,151
2.23%, 05/25/26 (Call 05/25/25), (3-mo. SOFR + 1.092%)^(b)		1,375		1,285,762
2.84%, 09/13/26		15		13,803
4.02%, 03/05/28		725		683,515
5.41%, 09/13/28 (Call 09/13/27), (1-year CMT + 2.050%)^(b)		65		64,371
5.67%, 05/27/29 (Call 05/27/28), (1-year CMT + 1.500%)^(b)		295		294,248
5.78%, 07/06/29 (Call 07/06/28), (1-year CMT + 1.650%)^(b)		800		800,944
Morgan Stanley
0.99%, 12/10/26 (Call 12/10/25), (1-day SOFR + 0.720%)^(b)		3,522		3,158,001
1.16%, 10/21/25 (Call 10/21/24), (1-day SOFR + 0.560%)^(b)		52		49,041
1.51%, 07/20/27 (Call 07/20/26), (1-day SOFR + 0.858%)^(b)		2,485		2,205,984
1.59%, 05/04/27 (Call 05/04/26), (1-day SOFR + 0.879%)^(b)		3,705		3,321,458
2.19%, 04/28/26 (Call 04/28/25), (1-day SOFR + 1.990%)^(b)		1,683		1,586,800
2.48%, 01/21/28 (Call 01/21/27), (1-day SOFR + 1.000%)^(b)		1,760		1,587,590
2.63%, 02/18/26 (Call 02/18/25), (1-day SOFR + 0.940%)^(b)		405		385,856
3.13%, 07/27/26		1,935		1,811,276
3.59%, 07/22/28 (Call 07/22/27), (3-mo. LIBOR US + 1.340%)^(b)		230		212,695
3.63%, 01/20/27		55		51,956
3.70%, 10/23/24		2,002		1,958,957


Security	Par (000)		Value

Banks (continued)
3.77%, 01/24/29 (Call 01/24/28), (3-mo. SOFR + 1.402%)^(b)	$	2,020	$	1,872,843
3.88%, 01/27/26		2,581		2,483,800
3.95%, 04/23/27^(a)		350		329,903
4.00%, 07/23/25		919		891,742
4.21%, 04/20/28 (Call 04/20/27), (1-day SOFR + 1.610%)^(b)		770		735,412
4.35%, 09/08/26		330		317,780
4.68%, 07/17/26 (Call 07/17/25), (1-day SOFR + 1.669%)^(b)		330		323,054
5.00%, 11/24/25		908		893,890
5.12%, 02/01/29 (Call 02/01/28), (1-day SOFR + 1.730%)^(b)		325		318,386
5.16%, 04/20/29 (Call 04/20/28), (1-day SOFR + 1.590%)^(b)		635		622,871
5.45%, 07/20/29 (Call 07/20/28), (1-day SOFR + 1.630%)^(b)		205		203,778
6.25%, 08/09/26		225		229,815
6.30%, 10/18/28 (Call 10/18/27), (1-day SOFR + 2.240%)^(b)		65		66,599
Series I, 0.86%, 10/21/25 (Call 10/21/24), (1-day SOFR + 0.745%)^(b)		658		619,171
Morgan Stanley Bank NA, 4.75%, 04/21/26		350		345,688
National Australia Bank Ltd./New York
3.91%, 06/09/27		250		239,025
4.90%, 06/13/28		500		493,990
National Bank of Canada, 5.25%, 01/17/25		1,950		1,941,361
NatWest Group PLC
1.64%, 06/14/27 (Call 06/14/26), (1-year CMT + 0.900%)^(b)		1,970		1,749,774
3.07%, 05/22/28 (Call 05/22/27), (1-year CMT + 2.550%)^(b)		1,300		1,172,483
3.75%, 11/01/29 (Call 11/01/24), (5-year CMT + 2.100%)^(b)		571		543,866
4.80%, 04/05/26		1,160		1,129,689
5.52%, 09/30/28 (Call 09/30/27), (1-year CMT + 2.270%)^(b)		205		201,310
5.85%, 03/02/27 (Call 03/02/26), (1-year CMT + 1.350%)^(b)		435		432,477
Northern Trust Corp.
3.38%, 05/08/32 (Call 05/08/27), (3-mo. LIBOR US + 1.131%)^(b)		15		13,382
3.95%, 10/30/25		398		385,161
PNC Bank NA
2.95%, 02/23/25 (Call 01/24/25)		270		259,151
3.10%, 10/25/27 (Call 09/25/27)		495		451,702
3.25%, 06/01/25 (Call 05/02/25)		277		264,873
3.30%, 10/30/24 (Call 09/30/24)		259		251,639
3.88%, 04/10/25 (Call 03/10/25)		2,202		2,129,158
PNC Financial Services Group Inc. (The)
1.15%, 08/13/26 (Call 07/13/26)		45		39,925
2.20%, 11/01/24 (Call 10/02/24)		673		645,844
2.60%, 07/23/26 (Call 05/23/26)		110		102,194
3.15%, 05/19/27 (Call 04/19/27)		530		490,690
4.76%, 01/26/27 (Call 01/26/26), (1-day SOFR + 1.085%)^(b)		480		471,005
5.35%, 12/02/28 (Call 12/02/27), (1-day SOFR + 1.630%)^(a)(b)		1,350		1,328,035
5.58%, 06/12/29, (1-day SOFR + 1.841%)^(b)		958		949,943


Security	Par (000)		Value

Banks (continued)
5.81%, 06/12/26 (Call 06/12/25), (1-day SOFR + 1.322%)^(b)	$	458	$	457,524
Regions Financial Corp.
1.80%, 08/12/28 (Call 06/12/28)		500		414,530
2.25%, 05/18/25 (Call 04/18/25)		825		771,078
Royal Bank of Canada
0.88%, 01/20/26		160		143,992
1.15%, 06/10/25		1,078		998,034
1.15%, 07/14/26		115		102,249
1.20%, 04/27/26		45		40,336
1.40%, 11/02/26		45		39,858
2.05%, 01/21/27		60		54,013
2.25%, 11/01/24		830		797,987
3.63%, 05/04/27		35		32,995
4.24%, 08/03/27		25		24,043
4.65%, 01/27/26		95		93,259
4.88%, 01/12/26		160		158,027
4.90%, 01/12/28^(a)		1,580		1,556,663
4.95%, 04/25/25		765		756,486
5.20%, 07/20/26		460		458,013
5.20%, 08/01/28		975		969,033
6.00%, 11/01/27		130		133,033
Santander Holdings USA Inc.
2.49%, 01/06/28 (Call 01/06/27), (1-day SOFR + 1.249%)^(b)		2,820		2,471,476
3.24%, 10/05/26 (Call 08/05/26)		90		82,427
3.45%, 06/02/25 (Call 05/02/25)		485		462,554
4.50%, 07/17/25 (Call 04/17/25)		300		292,677
6.50%, 03/09/29 (Call 03/09/28), (1-day SOFR + 2.356%)^(b)		410		408,155
6.57%, 06/12/29 (Call 06/12/28), (1-day SOFR + 2.700%)^(b)		172		171,221
Santander UK Group Holdings PLC
1.53%, 08/21/26 (Call 08/21/25), (1-year CMT + 1.250%)^(b)		200		181,350
1.67%, 06/14/27 (Call 06/14/26), (1-day SOFR + 0.989%)^(b)		200		175,948
2.47%, 01/11/28 (Call 01/11/27), (1-day SOFR + 1.220%)^(b)		2,365		2,080,727
6.53%, 01/10/29 (Call 01/10/28), (1-day SOFR + 2.600%)^(b)		200		201,546
State Street Corp.
2.35%, 11/01/25 (Call 11/01/24), (1-day SOFR + 0.940%)^(b)		2,537		2,435,723
2.90%, 03/30/26 (Call 03/30/25), (1-day SOFR + 2.600%)^(b)		10		9,571
3.30%, 12/16/24		943		915,464
3.55%, 08/18/25		2,650		2,557,912
5.10%, 05/18/26 (Call 05/18/25), (1-day SOFR + 1.130%)^(b)		320		317,168
5.82%, 11/04/28 (Call 11/04/27), (1-day SOFR + 1.715%)^(b)		45		45,684
Sumitomo Mitsui Banking Corp., 3.65%, 07/23/25		260		250,120
Sumitomo Mitsui Financial Group Inc.
1.40%, 09/17/26		200		177,022
1.47%, 07/08/25		1,650		1,528,378
2.17%, 01/14/27		200		179,412
2.35%, 01/15/25		1,910		1,823,687
2.63%, 07/14/26		55		50,747
3.01%, 10/19/26		40		37,072


Security	Par (000)		Value

Banks (continued)
3.35%, 10/18/27^(a)	$	545	$	501,236
3.36%, 07/12/27		125		115,934
3.45%, 01/11/27		30		28,080
3.54%, 01/17/28		70		64,607
3.94%, 07/19/28		700		654,255
5.52%, 01/13/28		1,575		1,572,574
5.80%, 07/13/28		400		404,888
5.88%, 07/13/26		385		387,911
Synchrony Financial, 5.63%, 08/23/27 (Call 07/23/27)		520		492,487
Toronto-Dominion Bank (The)
0.75%, 09/11/25		15		13,678
0.75%, 01/06/26		30		26,939
1.15%, 06/12/25		1,209		1,121,190
1.20%, 06/03/26		495		441,401
1.25%, 09/10/26		3,690		3,270,299
1.45%, 01/10/25		35		33,166
1.95%, 01/12/27		20		17,964
2.80%, 03/10/27		310		284,289
3.63%, 09/15/31 (Call 09/15/26), (5-year USD Swap + 2.205%)^(a)(b)		830		774,672
3.77%, 06/06/25		40		38,828
4.11%, 06/08/27		175		167,052
5.52%, 07/17/28		475		476,938
Truist Bank
1.50%, 03/10/25 (Call 02/10/25)		50		46,639
2.15%, 12/06/24 (Call 11/05/24)		244		232,952
2.64%, 09/17/29 (Call 09/17/24), (5-year CMT + 1.150%)^(b)		606		563,574
3.63%, 09/16/25 (Call 08/16/25)		250		236,933
Truist Financial Corp.
1.13%, 08/03/27 (Call 06/03/27)		75		63,410
1.20%, 08/05/25 (Call 07/03/25)		60		55,042
1.27%, 03/02/27 (Call 03/02/26), (1-day SOFR + 0.609%)^(b)		615		548,605
1.89%, 06/07/29 (Call 06/07/28), (1-day SOFR + 0.862%)^(b)		915		763,769
2.85%, 10/26/24 (Call 09/26/24)		69		66,579
3.70%, 06/05/25 (Call 05/05/25)		94		90,587
4.00%, 05/01/25 (Call 03/01/25)		157		152,142
4.87%, 01/26/29 (Call 01/26/28), (1-day SOFR + 1.435%)^(b)		520		498,550
6.05%, 06/08/27, (1-day SOFR + 2.050%)^(b)		260		259,839
U.S. Bancorp
1.45%, 05/12/25 (Call 04/11/25)		50		46,774
3.90%, 04/26/28 (Call 03/24/28)		495		464,671
4.65%, 02/01/29 (Call 02/01/28), (1-day SOFR + 1.230%)^(b)		1,045		997,181
5.78%, 06/12/29 (Call 06/12/28), (1-day SOFR + 2.020%)^(b)		1,000		997,580
U.S. Bank NA/Cincinnati OH
2.05%, 01/21/25 (Call 12/20/24)		142		135,065
2.80%, 01/27/25 (Call 12/27/24)^(a)		117		112,336
UBS Group AG
3.75%, 03/26/25		464		448,071
4.55%, 04/17/26		610		590,321
Wells Fargo & Co.
2.39%, 06/02/28 (Call 06/02/27), (1-day SOFR + 2.100%)^(b)		4,790		4,260,034
3.00%, 10/23/26		60		55,560


Security	Par (000)		Value

Banks (continued)
3.53%, 03/24/28 (Call 03/24/27), (1-day SOFR + 1.510%)^(b)	$	235	$	218,712
3.58%, 05/22/28 (Call 05/22/27), (3-mo. SOFR + 1.572%)^(b)		819		760,196
4.30%, 07/22/27		300		287,271
4.81%, 07/25/28 (Call 07/25/27), (1-day SOFR + 1.980%)^(b)		2,800		2,716,672
5.57%, 07/25/29 (Call 07/25/28), (1-day SOFR + 1.740%)^(b)		460		457,948
Westpac Banking Corp.
1.15%, 06/03/26		135		121,333
2.35%, 02/19/25^(a)		345		330,972
2.85%, 05/13/26		120		113,083
2.89%, 02/04/30 (Call 02/04/25), (5-year CMT + 1.350%)^(b)		1,381		1,304,354
3.35%, 03/08/27		110		103,849
4.32%, 11/23/31 (Call 11/23/26), (5-year USD ICE Swap + 2.236%)^(b)		155		144,689

				284,631,400

Beverages — 3.4%
Anheuser-Busch InBev Worldwide Inc., 3.65%, 02/01/26 (Call 11/01/25)		245		236,756
Brown-Forman Corp., 3.50%, 04/15/25 (Call 02/15/25)		70		67,950
Coca-Cola Co. (The)
1.45%, 06/01/27		2,540		2,267,890
2.90%, 05/25/27		135		126,915
3.38%, 03/25/27		1,900		1,818,718
Constellation Brands Inc., 4.35%, 05/09/27 (Call 04/09/27)		55		53,230
Diageo Capital PLC
1.38%, 09/29/25 (Call 08/29/25)		5,210		4,810,341
2.13%, 10/24/24 (Call 09/24/24)		4,920		4,734,910
5.20%, 10/24/25		500		500,125
5.30%, 10/24/27 (Call 09/24/27)		2,230		2,258,209
Keurig Dr Pepper Inc.
2.55%, 09/15/26 (Call 06/15/26)		65		59,998
3.40%, 11/15/25 (Call 08/15/25)		30		28,695
3.43%, 06/15/27 (Call 03/15/27)^(a)		1,710		1,605,553
4.42%, 05/25/25 (Call 03/25/25)		296		290,160
Molson Coors Beverage Co., 3.00%, 07/15/26 (Call 04/15/26)		6,204		5,813,086
PepsiCo Inc.
2.25%, 03/19/25 (Call 02/19/25)		290		277,573
2.38%, 10/06/26 (Call 07/06/26)^(a)		160		149,824
2.63%, 03/19/27 (Call 01/19/27)		980		913,223
2.75%, 04/30/25 (Call 01/30/25)		296		284,657
2.85%, 02/24/26 (Call 11/24/25)		40		38,089
3.50%, 07/17/25 (Call 04/17/25)		1,626		1,580,147
4.45%, 05/15/28 (Call 04/15/28)^(a)		500		497,955
4.55%, 02/13/26 (Call 01/13/26)		385		382,713

				28,796,717

Biotechnology — 1.1%
Amgen Inc.
1.90%, 02/21/25 (Call 01/21/25)		652		619,961
2.20%, 02/21/27 (Call 12/21/26)		25		22,715
2.60%, 08/19/26 (Call 05/19/26)^(a)		20		18,595
3.13%, 05/01/25 (Call 02/01/25)		461		443,321
5.15%, 03/02/28 (Call 02/02/28)		1,995		1,992,586
5.25%, 03/02/25		1,090		1,085,378
Baxalta Inc., 4.00%, 06/23/25 (Call 03/23/25)		150		145,862


Security	Par (000)		Value

Biotechnology (continued)
Biogen Inc., 4.05%, 09/15/25 (Call 06/15/25)	$	917	$	889,435
Gilead Sciences Inc.
1.20%, 10/01/27 (Call 08/01/27)		2,590		2,227,011
2.95%, 03/01/27 (Call 12/01/26)		915		852,606
3.50%, 02/01/25 (Call 11/01/24)		394		383,496
3.65%, 03/01/26 (Call 12/01/25)		495		476,061
Illumina Inc., 5.75%, 12/13/27 (Call 11/13/27)		45		44,921

				9,201,948

Building Materials — 2.2%
Carrier Global Corp.
2.24%, 02/15/25 (Call 01/15/25)		310		294,922
2.49%, 02/15/27 (Call 12/15/26)		1,725		1,569,302
Fortune Brands Home & Security Inc., 4.00%, 06/15/25 (Call 03/15/25)		2,978		2,880,977
Johnson Controls International PLC, 3.90%, 02/14/26 (Call 11/14/25)		4,297		4,138,269
Lennox International Inc.
1.35%, 08/01/25 (Call 07/01/25)		60		55,301
1.70%, 08/01/27 (Call 06/01/27)		1,065		931,151
Owens Corning
3.40%, 08/15/26 (Call 05/15/26)		907		856,752
4.20%, 12/01/24 (Call 09/01/24)		419		410,586
Trane Technologies Global Holding Co. Ltd., 3.75%, 08/21/28 (Call 05/21/28)		2,000		1,877,640
Trane Technologies Luxembourg Finance SA
3.50%, 03/21/26 (Call 01/21/26)		1,255		1,201,361
3.55%, 11/01/24 (Call 08/01/24)^(a)		4,923		4,813,857
Vulcan Materials Co., 4.50%, 04/01/25 (Call 01/01/25)		65		63,885

				19,094,003

Chemicals — 1.8%
Celanese U.S. Holdings LLC
1.40%, 08/05/26 (Call 07/05/26)		35		30,559
6.05%, 03/15/25		49		49,037
6.17%, 07/15/27 (Call 06/15/27)		895		896,038
Eastman Chemical Co., 3.80%, 03/15/25 (Call 12/15/24)		45		43,770
Ecolab Inc.
1.65%, 02/01/27 (Call 01/01/27)		5,870		5,261,809
2.70%, 11/01/26 (Call 08/01/26)		4,105		3,842,731
3.25%, 12/01/27 (Call 09/01/27)		1,470		1,378,566
5.25%, 01/15/28 (Call 12/15/27)^(a)		555		562,315
EIDP Inc., 1.70%, 07/15/25 (Call 06/15/25)		104		96,983
Linde Inc./CT, 2.65%, 02/05/25 (Call 11/05/24)		635		610,591
LYB International Finance II BV, 3.50%, 03/02/27 (Call 12/02/26)		50		47,133
Nutrien Ltd.
3.00%, 04/01/25 (Call 01/01/25)		75		71,857
4.00%, 12/15/26 (Call 09/15/26)		260		248,394
4.90%, 03/27/28 (Call 02/27/28)		770		752,706
PPG Industries Inc., 1.20%, 03/15/26 (Call 02/15/26)		1,126		1,015,731
Sherwin-Williams Co. (The)
3.45%, 08/01/25 (Call 05/01/25)		165		158,836
3.45%, 06/01/27 (Call 03/01/27)		5		4,713

				15,071,769

Commercial Services — 1.4%
Automatic Data Processing Inc.
1.70%, 05/15/28 (Call 03/15/28)		500		437,695
3.38%, 09/15/25 (Call 06/15/25)		8,097		7,833,524
Block Financial LLC
2.50%, 07/15/28 (Call 05/15/28)		150		128,537


Security	Par (000)		Value

Commercial Services (continued)
5.25%, 10/01/25 (Call 07/01/25)	$	337	$	332,049
Moody’s Corp., 3.75%, 03/24/25 (Call 02/24/25)		75		73,017
PayPal Holdings Inc.
1.65%, 06/01/25 (Call 05/01/25)		3,044		2,851,741
2.65%, 10/01/26 (Call 08/01/26)		95		88,494
Quanta Services Inc., 0.95%, 10/01/24 (Call 10/02/23)		50		47,394
S&P Global Inc., 2.45%, 03/01/27 (Call 02/01/27)		305		281,277

				12,073,728

Computers — 2.1%
Apple Inc.
1.20%, 02/08/28 (Call 12/08/27)		1,500		1,295,595
4.00%, 05/10/28		460		449,319
Dell International LLC/EMC Corp.
4.90%, 10/01/26 (Call 08/01/26)		325		318,994
6.02%, 06/15/26 (Call 03/15/26)^(a)		355		358,607
DXC Technology Co., 1.80%, 09/15/26 (Call 08/15/26)^(a)		105		92,171
Hewlett Packard Enterprise Co.
1.75%, 04/01/26 (Call 03/01/26)		1,057		964,227
4.90%, 10/15/25 (Call 07/15/25)		2,603		2,567,990
5.25%, 07/01/28		100		99,155
HP Inc.
2.20%, 06/17/25 (Call 05/17/25)		1,998		1,883,235
3.00%, 06/17/27 (Call 04/17/27)^(a)		195		179,238
International Business Machines Corp.
1.70%, 05/15/27 (Call 03/15/27)		65		57,559
2.20%, 02/09/27 (Call 01/09/27)		15		13,644
3.30%, 05/15/26^(a)		660		629,099
3.30%, 01/27/27		100		94,496
3.45%, 02/19/26		4,680		4,486,248
4.50%, 02/06/26		385		378,740
4.50%, 02/06/28 (Call 01/06/28)		185		181,157
7.00%, 10/30/25		2,270		2,349,654
Leidos Inc., 3.63%, 05/15/25 (Call 04/15/25)		496		477,906
Western Digital Corp., 4.75%, 02/15/26 (Call 11/15/25)		715		681,252

				17,558,286

Cosmetics & Personal Care — 0.5%
Colgate-Palmolive Co.
3.10%, 08/15/27 (Call 07/15/27)		2,205		2,096,602
4.60%, 03/01/28 (Call 02/01/28)		24		24,083
4.80%, 03/02/26		124		124,128
Procter & Gamble Co. (The)
2.80%, 03/25/27		10		9,379
2.85%, 08/11/27		20		18,735
Unilever Capital Corp.
2.90%, 05/05/27 (Call 02/05/27)		80		74,669
3.10%, 07/30/25		102		98,373
3.38%, 03/22/25 (Call 01/22/25)		200		194,400
3.50%, 03/22/28 (Call 12/22/27)		1,920		1,824,307

				4,464,676

Distribution & Wholesale — 0.5%
LKQ Corp., 5.75%, 06/15/28 (Call 05/15/28)^(c)		1,215		1,205,377
WW Grainger Inc., 1.85%, 02/15/25 (Call 01/15/25)		3,161		3,003,962

				4,209,339

Diversified Financial Services — 5.5%
AerCap Ireland Capital DAC/AerCap Global Aviation Trust
1.75%, 01/30/26 (Call 12/30/25)		2,135		1,933,435
2.45%, 10/29/26 (Call 09/29/26)		1,500		1,349,280
3.50%, 01/15/25 (Call 11/15/24)		779		751,945
3.88%, 01/23/28 (Call 10/23/27)		550		506,154


Security	Par (000)		Value

Diversified Financial Services (continued)
4.45%, 10/01/25 (Call 08/01/25)	$	575	$	556,813
4.45%, 04/03/26 (Call 02/03/26)		230		221,623
5.75%, 06/06/28 (Call 05/06/28)^(a)		310		306,953
6.50%, 07/15/25 (Call 06/15/25)		652		655,019
Affiliated Managers Group Inc., 3.50%, 08/01/25		50		47,710
Air Lease Corp.
1.88%, 08/15/26 (Call 07/15/26)		195		174,441
2.20%, 01/15/27 (Call 12/15/26)		750		670,020
2.30%, 02/01/25 (Call 01/01/25)		715		677,198
2.88%, 01/15/26 (Call 12/15/25)^(a)		598		558,885
3.25%, 03/01/25 (Call 01/01/25)		679		650,563
3.38%, 07/01/25 (Call 06/01/25)		86		81,974
3.63%, 04/01/27 (Call 01/01/27)		110		102,207
5.30%, 02/01/28 (Call 01/01/28)		1,415		1,390,577
Aircastle Ltd., 4.25%, 06/15/26 (Call 04/15/26)		1,270		1,204,912
Ally Financial Inc.
4.63%, 03/30/25		263		254,324
4.75%, 06/09/27 (Call 05/09/27)^(a)		675		631,868
5.80%, 05/01/25 (Call 04/01/25)^(a)		15		14,775
American Express Co.
1.65%, 11/04/26 (Call 10/04/26)		100		89,189
2.55%, 03/04/27 (Call 02/01/27)		460		418,269
3.00%, 10/30/24 (Call 09/29/24)		1,915		1,859,197
3.13%, 05/20/26 (Call 04/20/26)		868		820,494
3.30%, 05/03/27 (Call 04/03/27)		450		419,283
3.63%, 12/05/24 (Call 11/04/24)		364		354,456
4.20%, 11/06/25 (Call 10/06/25)		352		342,788
5.28%, 07/27/29 (Call 07/27/28), (1-day SOFR + 1.280%)^(b)		585		578,600
5.39%, 07/28/27 (Call 07/28/26), (1-day SOFR + 0.970%)^(b)		180		178,981
5.85%, 11/05/27 (Call 10/05/27)		950		969,997
American Express Credit Corp., 3.30%, 05/03/27 (Call 04/03/27)		70		65,339
Ameriprise Financial Inc.
3.00%, 04/02/25 (Call 03/02/25)		1,054		1,013,358
3.70%, 10/15/24		44		43,046
Brookfield Finance Inc.
3.90%, 01/25/28 (Call 10/25/27)		110		102,791
4.25%, 06/02/26 (Call 03/02/26)		157		151,026
Capital One Financial Corp.
1.88%, 11/02/27 (Call 11/02/26), (1-day SOFR + 0.855%)^(b)		175		153,430
3.75%, 03/09/27 (Call 02/09/27)		165		153,534
4.93%, 05/10/28 (Call 05/10/27), (1-day SOFR + 2.057%)^(b)		1,575		1,514,063
5.47%, 02/01/29 (Call 02/01/28), (1-day SOFR + 2.080%)^(b)		1,275		1,235,411
6.31%, 06/08/29 (Call 06/08/28), (1-day SOFR + 2.640%)^(b)		270		269,854
Cboe Global Markets Inc., 3.65%, 01/12/27 (Call 10/12/26)		640		612,128
Charles Schwab Corp. (The)
2.00%, 03/20/28 (Call 01/20/28)		950		818,368
2.45%, 03/03/27 (Call 02/03/27)		55		49,515
3.00%, 03/10/25 (Call 12/10/24)		83		79,569
3.85%, 05/21/25 (Call 03/21/25)		102		98,836
4.20%, 03/24/25 (Call 02/24/25)		354		345,787
5.88%, 08/24/26 (Call 07/24/26)^(a)		180		181,060
CME Group Inc., 3.00%, 03/15/25 (Call 12/15/24)^(a)		604		583,603


Security	Par (000)		Value

Diversified Financial Services (continued)
Discover Financial Services
3.75%, 03/04/25 (Call 12/04/24)	$	520	$	498,493
3.95%, 11/06/24 (Call 08/06/24)		188		183,022
4.10%, 02/09/27 (Call 11/09/26)		260		241,137
Eaton Vance Corp., 3.50%, 04/06/27 (Call 01/06/27)		1,255		1,178,746
Franklin Resources Inc., 2.85%, 03/30/25		570		546,755
Intercontinental Exchange Inc.
3.10%, 09/15/27 (Call 06/15/27)		5		4,629
4.00%, 09/15/27 (Call 08/15/27)		205		196,415
Invesco Finance PLC, 3.75%, 01/15/26		448		431,088
Janus Henderson U.S. Holdings Inc., 4.88%, 08/01/25 (Call 05/01/25)		2,435		2,385,204
Legg Mason Inc., 4.75%, 03/15/26		480		471,912
Mastercard Inc., 2.00%, 03/03/25 (Call 02/03/25)^(a)		340		324,761
Nasdaq Inc.
3.85%, 06/30/26 (Call 03/30/26)		30		28,869
5.35%, 06/28/28		1,215		1,214,733
5.65%, 06/28/25		85		85,105
Nomura Holdings Inc.
1.65%, 07/14/26		2,015		1,786,741
1.85%, 07/16/25		1,155		1,067,566
2.17%, 07/14/28		500		420,455
2.33%, 01/22/27		2,105		1,865,535
2.65%, 01/16/25		430		410,891
5.71%, 01/09/26		200		198,558
5.84%, 01/18/28		200		199,598
6.07%, 07/12/28		385		386,763
ORIX Corp.
3.25%, 12/04/24		235		227,116
3.70%, 07/18/27		75		70,838
5.00%, 09/13/27		5		4,943
Radian Group Inc.
4.50%, 10/01/24 (Call 07/01/24)		35		34,139
4.88%, 03/15/27 (Call 09/15/26)		490		463,516
6.63%, 03/15/25 (Call 09/15/24)		760		759,308
Synchrony Financial
3.70%, 08/04/26 (Call 05/04/26)		210		191,291
3.95%, 12/01/27 (Call 09/01/27)		1,340		1,196,017
4.50%, 07/23/25 (Call 04/23/25)		845		806,029
Voya Financial Inc., 3.65%, 06/15/26^(a)		37		34,945
Western Union Co. (The)
1.35%, 03/15/26 (Call 02/15/26)^(a)		1,007		900,631
2.85%, 01/10/25 (Call 12/10/24)		1,776		1,701,763

				46,760,160

Electric — 5.7%
AEP Texas Inc., 3.95%, 06/01/28 (Call 03/01/28)		1,455		1,366,753
Avangrid Inc.
3.15%, 12/01/24 (Call 10/01/24)		4,133		3,988,014
3.20%, 04/15/25 (Call 03/15/25)		7,591		7,267,775
Baltimore Gas & Electric Co., 2.40%, 08/15/26 (Call 05/15/26)		5		4,628
Commonwealth Edison Co., 2.55%, 06/15/26 (Call 03/15/26)		50		46,715
Connecticut Light & Power Co. (The)
Series A, 0.75%, 12/01/25 (Call 11/01/25)^(a)		45		40,777
Series A, 3.20%, 03/15/27 (Call 12/15/26)		320		300,922
Edison International
3.55%, 11/15/24 (Call 10/15/24)		104		100,999
4.95%, 04/15/25 (Call 03/15/25)		153		150,700
5.75%, 06/15/27 (Call 04/15/27)		640		641,498


Security	Par (000)		Value

Electric (continued)
Enel Americas SA, 4.00%, 10/25/26 (Call 07/25/26)	$	1,150	$	1,088,222
Eversource Energy
2.90%, 03/01/27 (Call 02/01/27)		2,295		2,113,305
4.60%, 07/01/27 (Call 06/01/27)		45		43,788
5.45%, 03/01/28 (Call 02/01/28)		135		135,487
Series H, 3.15%, 01/15/25 (Call 10/15/24)		173		167,533
Series Q, 0.80%, 08/15/25 (Call 07/15/25)		156		142,344
Series U, 1.40%, 08/15/26 (Call 07/15/26)		3,065		2,728,862
Exelon Corp.
3.40%, 04/15/26 (Call 01/15/26)		137		130,258
3.95%, 06/15/25 (Call 03/15/25)		534		518,199
5.15%, 03/15/28 (Call 02/15/28)		730		725,189
Florida Power & Light Co.
2.85%, 04/01/25 (Call 03/01/25)		3,956		3,805,039
3.13%, 12/01/25 (Call 06/01/25)		108		103,448
4.40%, 05/15/28 (Call 03/15/28)^(a)		180		176,089
4.45%, 05/15/26 (Call 04/15/26)		145		142,719
5.05%, 04/01/28 (Call 03/01/28)		140		140,766
Fortis Inc./Canada, 3.06%, 10/04/26 (Call 07/04/26)		2,170		2,014,259
Iberdrola International BV, 5.81%, 03/15/25		790		791,580
ITC Holdings Corp., 3.25%, 06/30/26 (Call 03/30/26)		3,225		3,045,464
National Grid PLC, 5.60%, 06/12/28 (Call 05/12/28)		2,290		2,295,450
National Rural Utilities Cooperative Finance Corp. 5.05%, 09/15/28		225		224,577
5.25%, 04/20/46 (Call 04/20/26), (3-mo. LIBOR US + 3.630%)^(a)(b)		15		14,251
NextEra Energy Capital Holdings Inc.
1.88%, 01/15/27 (Call 12/15/26)		2,115		1,890,916
1.90%, 06/15/28 (Call 04/15/28)		1,155		992,572
3.55%, 05/01/27 (Call 02/01/27)		105		98,963
3.80%, 03/15/82 (Call 03/15/27), (5-year CMT + 2.547%)^(b)		330		279,193
4.63%, 07/15/27 (Call 06/15/27)		60		58,499
4.90%, 02/28/28 (Call 01/28/28)		595		585,242
NSTAR Electric Co., 3.20%, 05/15/27 (Call 02/15/27)		425		398,166
Oncor Electric Delivery Co. LLC, 2.95%, 04/01/25 (Call 01/01/25)		2,335		2,241,810
Pacific Gas and Electric Co.
2.10%, 08/01/27 (Call 06/01/27)		55		47,374
3.30%, 12/01/27 (Call 09/01/27)		320		285,315
5.45%, 06/15/27 (Call 05/15/27)		965		941,647
PECO Energy Co., 3.15%, 10/15/25 (Call 07/15/25)		75		71,927
Public Service Electric & Gas Co.
0.95%, 03/15/26 (Call 02/15/26)		107		97,147
2.25%, 09/15/26 (Call 06/15/26)		45		41,477
3.00%, 05/15/25 (Call 02/15/25)^(a)		37		35,606
3.00%, 05/15/27 (Call 02/15/27)		10		9,370
Public Service Enterprise Group Inc.
0.80%, 08/15/25 (Call 07/15/25)		520		474,817
5.85%, 11/15/27 (Call 10/15/27)		3,920		3,994,715
San Diego Gas & Electric Co.
2.50%, 05/15/26 (Call 02/15/26)		105		97,731
4.95%, 08/15/28 (Call 07/15/28)		400		396,672
Sempra Energy
3.25%, 06/15/27 (Call 03/15/27)		30		27,719
4.13%, 04/01/52 (Call 01/01/27), (5-year CMT + 2.868%)^(b)		505		408,858
5.40%, 08/01/26		275		275,432
Southern California Edison Co.
4.90%, 06/01/26 (Call 05/01/26)		180		178,945


Security	Par (000)		Value

Electric (continued)
5.30%, 03/01/28 (Call 02/01/28)	$	70	$	70,302
Series E, 3.70%, 08/01/25 (Call 06/01/25)		150		144,974

				48,600,999

Electrical Components & Equipment — 0.0%
Emerson Electric Co., 3.15%, 06/01/25 (Call 03/01/25)		149		143,925


Electronics — 1.1%
Agilent Technologies Inc., 3.05%, 09/22/26 (Call 06/22/26)		810		756,986
Allegion U.S. Holding Co. Inc.
3.20%, 10/01/24 (Call 08/01/24)		389		376,793
3.55%, 10/01/27 (Call 07/01/27)		365		337,964
Amphenol Corp., 2.05%, 03/01/25 (Call 02/01/25)^(a)		225		213,921
Avnet Inc.
4.63%, 04/15/26 (Call 01/15/26)		125		120,985
6.25%, 03/15/28 (Call 02/15/28)		240		241,879
Flex Ltd.
3.75%, 02/01/26 (Call 01/01/26)		1,405		1,341,649
4.75%, 06/15/25 (Call 03/15/25)		167		163,668
Fortive Corp., 3.15%, 06/15/26 (Call 03/15/26)		60		56,404
Honeywell International Inc.
1.10%, 03/01/27 (Call 02/01/27)		40		35,396
1.35%, 06/01/25 (Call 05/01/25)		2,995		2,805,746
2.50%, 11/01/26 (Call 08/01/26)		10		9,332
Hubbell Inc., 3.15%, 08/15/27 (Call 05/15/27)		10		9,276
Jabil Inc., 4.25%, 05/15/27 (Call 04/15/27)		45		43,013
Keysight Technologies Inc.
4.55%, 10/30/24 (Call 07/30/24)		824		810,816
4.60%, 04/06/27 (Call 01/06/27)		100		97,783
Legrand France SA, 8.50%, 02/15/25		375		390,585
Trimble Inc., 4.75%, 12/01/24 (Call 09/01/24)		575		565,921
Vontier Corp., 1.80%, 04/01/26 (Call 03/01/26)		843		757,823

				9,135,940

Environmental Control — 0.0%
Republic Services Inc., 3.20%, 03/15/25 (Call 12/15/24)		213		205,862
Waste Management Inc., 3.13%, 03/01/25 (Call 12/01/24)^(a)		60		58,137

				263,999

Food — 3.1%
Campbell Soup Co.
3.30%, 03/19/25 (Call 12/19/24)		218		210,180
3.95%, 03/15/25 (Call 01/15/25)		242		235,720
Conagra Brands Inc.
1.38%, 11/01/27 (Call 09/01/27)		885		751,666
4.60%, 11/01/25 (Call 09/01/25)		45		44,047
5.30%, 10/01/26		240		239,042
General Mills Inc.
3.20%, 02/10/27 (Call 11/10/26)		5,210		4,896,879
4.00%, 04/17/25 (Call 02/17/25)		1,008		982,306
Hershey Co. (The)
0.90%, 06/01/25 (Call 05/01/25)		170		157,828
3.20%, 08/21/25 (Call 05/21/25)		15		14,481
Ingredion Inc., 3.20%, 10/01/26 (Call 07/01/26)		1,875		1,769,231
JM Smucker Co. (The), 3.50%, 03/15/25		242		234,508
Kellogg Co.
3.25%, 04/01/26		8,722		8,299,506
3.40%, 11/15/27 (Call 08/15/27)		2,015		1,872,721
Kraft Heinz Foods Co.
3.00%, 06/01/26 (Call 03/01/26)		107		100,864
3.88%, 05/15/27 (Call 02/15/27)		255		243,586


Security	Par (000)		Value

Food (continued)
Kroger Co. (The)
2.65%, 10/15/26 (Call 07/15/26)	$	185	$	171,092
3.50%, 02/01/26 (Call 11/01/25)		215		205,340
3.70%, 08/01/27 (Call 05/01/27)		1,735		1,647,452
McCormick & Co. Inc./MD
0.90%, 02/15/26 (Call 01/15/26)		180		162,004
3.40%, 08/15/27 (Call 05/15/27)		2,545		2,383,571
Mondelez International Inc.
1.50%, 05/04/25 (Call 04/04/25)		1,689		1,579,688
2.63%, 03/17/27 (Call 02/17/27)		5		4,596

				26,206,308

Forest Products & Paper — 0.0%
Fibria Overseas Finance Ltd., 5.50%, 01/17/27^(a)		15		14,983


Gas — 0.2%
National Fuel Gas Co.
5.20%, 07/15/25 (Call 04/15/25)		115		113,059
5.50%, 01/15/26 (Call 12/15/25)		1,384		1,368,167
5.50%, 10/01/26		150		148,665
Southern California Gas Co.
2.95%, 04/15/27 (Call 03/15/27)		68		63,181
3.20%, 06/15/25 (Call 03/15/25)^(a)		90		86,626
Series TT, 2.60%, 06/15/26 (Call 03/15/26)		345		322,026

				2,101,724

Hand & Machine Tools — 0.0%
Stanley Black & Decker Inc., 4.00%, 03/15/60
(Call 03/15/25), (5-year CMT + 2.657%)^(b)		344		271,292


Health Care - Products — 0.2%
Baxter International Inc., 1.92%, 02/01/27 (Call 01/01/27)		50		44,477
Danaher Corp., 3.35%, 09/15/25 (Call 06/15/25)		47		45,363
DH Europe Finance II Sarl, 2.20%, 11/15/24
(Call 10/15/24)		400		384,700
HCA Inc., 3.13%, 03/15/27		1,020		937,319

				1,411,859

Health Care - Services — 2.0%
Aetna Inc., 3.50%, 11/15/24 (Call 08/15/24)		246		239,609
Centene Corp.
2.45%, 07/15/28 (Call 05/15/28)		980		838,302
4.25%, 12/15/27 (Call 09/18/23)		585		546,893
Elevance Health Inc.
1.50%, 03/15/26 (Call 02/15/26)		1,350		1,225,679
2.38%, 01/15/25 (Call 12/15/24)		660		631,171
3.35%, 12/01/24 (Call 10/01/24)		348		338,531
3.65%, 12/01/27 (Call 09/01/27)		1,995		1,880,248
4.10%, 03/01/28 (Call 12/01/27)		700		670,390
4.90%, 02/08/26 (Call 02/08/24)		500		493,515
HCA Inc.
4.50%, 02/15/27 (Call 08/15/26)		1,040		1,005,118
5.20%, 06/01/28		245		241,310
5.25%, 04/15/25		432		428,319
5.25%, 06/15/26 (Call 12/15/25)		95		93,831
5.38%, 02/01/25		255		253,381
5.38%, 09/01/26 (Call 03/01/26)		372		369,221
5.88%, 02/15/26 (Call 08/15/25)		395		395,517
Humana Inc.
1.35%, 02/03/27 (Call 01/03/27)		100		87,983
3.95%, 03/15/27 (Call 12/15/26)		95		91,210
4.50%, 04/01/25 (Call 03/01/25)		557		548,795
5.75%, 03/01/28 (Call 02/01/28)		200		203,626


Security	Par (000)		Value

Health Care - Services (continued)
Laboratory Corp. of America Holdings
1.55%, 06/01/26 (Call 05/01/26)	$	117	$	105,274
2.30%, 12/01/24 (Call 11/01/24)		113		108,052
3.60%, 02/01/25 (Call 11/01/24)		148		143,542
3.60%, 09/01/27 (Call 06/01/27)		115		108,994
Quest Diagnostics Inc.
3.45%, 06/01/26 (Call 03/01/26)		375		357,986
3.50%, 03/30/25 (Call 12/30/24)		430		415,965
UnitedHealth Group Inc.
3.70%, 05/15/27 (Call 04/15/27)^(a)		1,010		969,590
1.15%, 05/15/26 (Call 04/15/26)		20		18,079
1.25%, 01/15/26		5		4,574
2.95%, 10/15/27		1,420		1,316,723
3.10%, 03/15/26		95		90,748
3.38%, 04/15/27		55		52,127
3.45%, 01/15/27		60		57,238
3.75%, 07/15/25		308		300,118
3.85%, 06/15/28		1,850		1,770,543
5.25%, 02/15/28 (Call 01/15/28)		1,030		1,050,003

				17,452,205

Holding Companies - Diversified — 0.1%
Morgan Stanley Direct Lending Fund, 4.50%, 02/11/27 (Call 01/11/27)		590		550,995


Home Builders — 0.0%
Toll Brothers Finance Corp., 4.88%, 03/15/27 (Call 12/15/26)		65		63,149


Home Furnishings — 0.0%
Harman International Industries Inc., 4.15%, 05/15/25 (Call 02/15/25)		25		24,337
Leggett & Platt Inc., 3.50%, 11/15/27 (Call 08/15/27)		315		290,402
Whirlpool Corp., 3.70%, 05/01/25		17		16,480

				331,219

Household Products & Wares — 0.5%
Church & Dwight Co. Inc., 3.15%, 08/01/27 (Call 05/01/27)		15		14,112
Kimberly-Clark Corp.
1.05%, 09/15/27 (Call 07/15/27)		3,765		3,251,040
2.75%, 02/15/26		190		181,043
3.05%, 08/15/25		455		437,578

				3,883,773

Insurance — 0.6%
Aegon NV, 5.50%, 04/11/48 (Call 04/11/28), (6-mo. LIBOR US + 3.540%)^(b)		400		376,140
American International Group Inc., 2.50%, 06/30/25 (Call 05/30/25)		21		19,877
Aon Corp., 8.21%, 01/01/27		435		457,563
Athene Holding Ltd., 4.13%, 01/12/28 (Call 10/12/27)		300		280,215
Chubb INA Holdings Inc., 3.15%, 03/15/25		85		82,238
CNO Financial Group Inc., 5.25%, 05/30/25 (Call 02/28/25)		313		306,715
Equitable Holdings Inc., 4.35%, 04/20/28 (Call 01/20/28)		300		283,926
First American Financial Corp., 4.60%, 11/15/24^(a)		15		14,730
Lincoln National Corp.
3.35%, 03/09/25^(a)		25		23,983
3.80%, 03/01/28 (Call 12/01/27)^(a)		250		229,247
Manulife Financial Corp.
2.48%, 05/19/27 (Call 03/19/27)		65		59,530


Security	Par (000)		Value

Insurance (continued)
4.06%, 02/24/32 (Call 02/24/27), (5-year USD ICE Swap + 1.647%)^(b)	$	75	$	70,217
4.15%, 03/04/26		42		40,815
Marsh & McLennan Companies Inc.
3.50%, 03/10/25 (Call 12/10/24)		366		355,456
3.75%, 03/14/26 (Call 12/14/25)		50		48,309
MetLife Inc., 3.00%, 03/01/25		407		392,637
Munich Re America Corp., Series B, 7.45%, 12/15/26^(a)		50		53,353
Principal Financial Group Inc., 3.40%, 05/15/25 (Call 02/15/25)^(a)		51		49,109
Prudential Financial Inc.
1.50%, 03/10/26 (Call 02/10/26)		60		54,896
3.88%, 03/27/28 (Call 12/27/27)		990		943,925
4.50%, 09/15/47 (Call 09/15/27), (3-mo. LIBOR US + 2.380%)^(b)		105		94,336
5.38%, 05/15/45 (Call 05/15/25), (3-mo. LIBOR US + 3.031%)^(b)		735		718,852

				4,956,069

Internet — 0.4%
Alibaba Group Holding Ltd., 3.40%, 12/06/27 (Call 09/06/27)		880		817,485
Amazon.com Inc.
0.80%, 06/03/25 (Call 05/03/25)		1,020		947,060
1.20%, 06/03/27 (Call 04/03/27)		50		44,013
3.15%, 08/22/27 (Call 05/22/27)		95		89,339
3.80%, 12/05/24 (Call 09/05/24)		38		37,316
4.55%, 12/01/27 (Call 11/01/27)		1,205		1,199,674
Booking Holdings Inc., 3.65%, 03/15/25 (Call 12/15/24)		28		27,313
eBay Inc.
1.40%, 05/10/26 (Call 04/10/26)		185		166,755
1.90%, 03/11/25 (Call 02/11/25)		363		343,823
3.60%, 06/05/27 (Call 03/05/27)		180		169,860

				3,842,638

Iron & Steel — 0.2%
Nucor Corp.
2.00%, 06/01/25 (Call 05/01/25)		188		176,855
4.30%, 05/23/27 (Call 04/23/27)		190		184,262
Reliance Steel & Aluminum Co., 1.30%, 08/15/25 (Call 07/15/25)		153		140,641
Steel Dynamics Inc.
2.40%, 06/15/25 (Call 05/15/25)		209		196,792
2.80%, 12/15/24 (Call 11/15/24)		265		255,304
5.00%, 12/15/26 (Call 10/02/23)		1,060		1,037,390

				1,991,244

Leisure Time — 0.0%
Harley-Davidson Inc., 3.50%, 07/28/25 (Call 04/28/25)^(a)		380		364,766


Lodging — 0.3%
Hyatt Hotels Corp.
4.85%, 03/15/26 (Call 12/15/25)		307		300,796
5.38%, 04/23/25 (Call 03/23/25)		240		237,919
Marriott International Inc./MD
3.75%, 03/15/25 (Call 12/15/24)		404		392,021
3.75%, 10/01/25 (Call 07/01/25)		97		93,511
Series EE, 5.75%, 05/01/25 (Call 04/01/25)^(a)		456		456,771
Series R, 3.13%, 06/15/26 (Call 03/15/26)		110		103,321


Security	Par (000)		Value

Lodging (continued)
Sands China Ltd.
2.80%, 03/08/27 (Call 02/08/27)	$	500	$	435,325
5.65%, 08/08/28 (Call 05/08/28)		1,000		943,710

				2,963,374

Machinery — 1.7%
Caterpillar Financial Services Corp.
1.10%, 09/14/27		20		17,303
1.45%, 05/15/25		72		67,529
1.70%, 01/08/27		55		49,821
2.15%, 11/08/24		71		68,359
3.25%, 12/01/24		76		74,059
3.60%, 08/12/27		15		14,345
4.35%, 05/15/26		200		196,792
CNH Industrial Capital LLC
1.45%, 07/15/26 (Call 06/15/26)		1,885		1,686,245
1.88%, 01/15/26 (Call 12/15/25)		1,860		1,708,075
3.95%, 05/23/25		765		743,052
4.55%, 04/10/28 (Call 03/10/28)		275		265,947
CNH Industrial NV, 3.85%, 11/15/27 (Call 08/15/27)		1,830		1,727,831
Deere & Co., 2.75%, 04/15/25 (Call 03/15/25)		80		77,058
John Deere Capital Corp.
1.70%, 01/11/27^(a)		5		4,508
1.75%, 03/09/27		20		17,964
2.05%, 01/09/25		37		35,489
2.35%, 03/08/27		35		32,108
2.80%, 09/08/27^(a)		10		9,253
3.40%, 09/11/25		75		72,459
3.45%, 03/13/25		29		28,253
4.15%, 09/15/27		35		34,149
4.75%, 06/08/26		220		218,781
4.95%, 06/06/25		185		184,179
4.95%, 07/14/28		1,305		1,309,398
Series MTN, 4.90%, 03/03/28		1,495		1,497,840
Oshkosh Corp., 4.60%, 05/15/28 (Call 02/15/28)^(a)		870		849,503
Otis Worldwide Corp.
2.06%, 04/05/25 (Call 03/05/25)		371		351,619
5.25%, 08/16/28 (Call 07/16/28)		160		161,090
Rockwell Automation Inc., 2.88%, 03/01/25 (Call 12/01/24)^(a)		80		77,234
Westinghouse Air Brake Technologies Corp.
3.20%, 06/15/25 (Call 05/15/25)		185		176,464
3.45%, 11/15/26 (Call 08/15/26)		40		37,651
Xylem Inc./NY
1.95%, 01/30/28 (Call 11/30/27)		577		506,340
3.25%, 11/01/26 (Call 08/01/26)^(a)		2,088		1,964,871

				14,265,569

Manufacturing — 1.3%
3M Co.
2.00%, 02/14/25 (Call 01/14/25)		2,721		2,584,079
2.25%, 09/19/26 (Call 06/19/26)^(a)		390		358,940
2.65%, 04/15/25 (Call 03/15/25)^(a)		2,876		2,743,071
2.88%, 10/15/27 (Call 07/15/27)^(a)		2,505		2,306,805
3.00%, 08/07/25^(a)		2,379		2,282,056
Carlisle Companies Inc., 3.50%, 12/01/24 (Call 10/01/24)		188		182,198
Parker-Hannifin Corp., 3.30%, 11/21/24 (Call 08/21/24)		63		61,224
Teledyne Technologies Inc., 1.60%, 04/01/26 (Call 03/01/26)		420		382,860


Security	Par (000)		Value

Manufacturing (continued)
Textron Inc.
3.65%, 03/15/27 (Call 12/15/26)	$	30	$	28,228
3.88%, 03/01/25 (Call 12/01/24)^(a)		181		176,243

				11,105,704

Media — 0.5%
Charter Communications Operating LLC/Charter Communications Operating Capital
3.75%, 02/15/28 (Call 11/15/27)		560		511,930
4.91%, 07/23/25 (Call 04/23/25)		73		71,694
Comcast Corp.
2.35%, 01/15/27 (Call 10/15/26)		15		13,754
3.38%, 08/15/25 (Call 05/15/25)		76		73,464
Discovery Communications LLC
3.45%, 03/15/25 (Call 12/15/24)		133		127,981
3.90%, 11/15/24 (Call 08/15/24)		16		15,581
3.95%, 06/15/25 (Call 03/15/25)		50		48,363
FactSet Research Systems Inc., 2.90%, 03/01/27 (Call 02/01/27)		520		479,502
Fox Corp., 3.05%, 04/07/25 (Call 03/07/25)		503		483,630
Paramount Global
2.90%, 01/15/27 (Call 10/15/26)^(a)		1,060		955,177
4.00%, 01/15/26 (Call 10/15/25)		70		67,205
4.75%, 05/15/25 (Call 04/15/25)		274		268,528
TWDC Enterprises 18 Corp.
2.95%, 06/15/27^(a)		40		37,510
3.15%, 09/17/25		263		252,456
Walt Disney Co. (The)
2.20%, 01/13/28		50		45,013
3.35%, 03/24/25		781		758,023
3.70%, 03/23/27^(a)		40		38,533

				4,248,344

Mining — 0.0%
Kinross Gold Corp., 4.50%, 07/15/27 (Call 04/15/27)		25		24,090


Office & Business Equipment — 0.2%
CDW LLC/CDW Finance Corp., 2.67%, 12/01/26 (Call 11/01/26)		1,725		1,568,267


Oil & Gas — 1.4%
BP Capital Markets America Inc., 3.80%, 09/21/25 (Call 07/21/25)		203		197,618
BP Capital Markets PLC, 3.28%, 09/19/27 (Call 06/19/27)		45		42,374
Chevron Corp., 1.55%, 05/11/25 (Call 04/11/25)		1,296		1,219,290
Chevron USA Inc., 1.02%, 08/12/27 (Call 06/12/27)		10		8,681
Devon Energy Corp., 5.85%, 12/15/25 (Call 09/15/25)		625		627,844
EQT Corp.
3.90%, 10/01/27 (Call 07/01/27)		1,045		977,441
6.13%, 02/01/25 (Call 01/01/25)^(a)		12		11,978
Exxon Mobil Corp.
2.71%, 03/06/25 (Call 12/06/24)		436		420,548
2.99%, 03/19/25 (Call 02/19/25)		891		862,684
Hess Corp., 4.30%, 04/01/27 (Call 01/01/27)		2,875		2,765,779
Marathon Oil Corp., 4.40%, 07/15/27 (Call 04/15/27)		45		42,905
Marathon Petroleum Corp.
4.70%, 05/01/25 (Call 04/01/25)		444		436,310
5.13%, 12/15/26 (Call 09/15/26)		145		144,327
Ovintiv Inc.
5.38%, 01/01/26 (Call 10/01/25)		1,800		1,786,680
5.65%, 05/15/28 (Call 04/15/28)		1,070		1,063,376


Security	Par (000)		Value

Oil & Gas (continued)
Phillips 66
1.30%, 02/15/26 (Call 01/15/26)	$	264	$	239,577
3.85%, 04/09/25 (Call 03/09/25)		21		20,437
3.90%, 03/15/28 (Call 12/15/27)		600		568,260
Shell International Finance BV
2.50%, 09/12/26		100		92,996
2.88%, 05/10/26		70		66,382
TotalEnergies Capital International SA, 2.43%, 01/10/25 (Call 10/10/24)		233		224,111
Valero Energy Corp., 3.40%, 09/15/26 (Call 06/15/26)		40		37,820

				11,857,418

Oil & Gas Services — 0.3%
Baker Hughes Holdings LLC/Baker Hughes Co-Obligor Inc.
2.06%, 12/15/26 (Call 11/15/26)		1,860		1,681,849
3.34%, 12/15/27 (Call 09/15/27)		15		13,915
Halliburton Co., 3.80%, 11/15/25 (Call 08/15/25)		246		239,751
Schlumberger Finance Canada Ltd., 1.40%, 09/17/25 (Call 08/17/25)		705		651,970

				2,587,485

Packaging & Containers — 0.2%
Amcor Finance USA Inc., 3.63%, 04/28/26 (Call 01/28/26)		1,125		1,066,275
Amcor Flexibles North America Inc., 4.00%, 05/17/25 (Call 04/17/25)		140		135,797
WRKCo Inc.
3.38%, 09/15/27 (Call 06/15/27)		5		4,611
3.75%, 03/15/25 (Call 01/15/25)		180		174,638
4.65%, 03/15/26 (Call 01/15/26)		5		4,864

				1,386,185

Pharmaceuticals — 2.7%
Astrazeneca Finance LLC
1.20%, 05/28/26 (Call 04/28/26)		1,680		1,516,335
1.75%, 05/28/28 (Call 03/28/28)		1,300		1,127,308
AstraZeneca PLC
0.70%, 04/08/26 (Call 03/08/26)^(a)		3,637		3,257,188
3.13%, 06/12/27 (Call 03/12/27)		10		9,368
3.38%, 11/16/25		5,035		4,837,225
Becton Dickinson and Co.
3.70%, 06/06/27 (Call 03/06/27)		20		18,971
3.73%, 12/15/24 (Call 09/15/24)		125		122,001
4.69%, 02/13/28 (Call 01/13/28)		185		181,761
Cardinal Health Inc.
3.41%, 06/15/27 (Call 03/15/27)		15		14,046
3.75%, 09/15/25 (Call 06/15/25)		505		487,628
Cencora Inc., 3.25%, 03/01/25 (Call 12/01/24)		166		160,623
Cigna Group (The)
1.25%, 03/15/26 (Call 02/15/26)^(a)		177		159,907
3.05%, 10/15/27 (Call 07/15/27)		1,165		1,073,501
3.25%, 04/15/25 (Call 01/15/25)		260		250,424
3.40%, 03/01/27 (Call 12/01/26)		5		4,698
4.13%, 11/15/25 (Call 09/15/25)		131		127,546
CVS Health Corp.
1.30%, 08/21/27 (Call 06/21/27)		5		4,303
3.63%, 04/01/27 (Call 02/01/27)		50		47,321
3.88%, 07/20/25 (Call 04/20/25)		199		193,024
4.10%, 03/25/25 (Call 01/25/25)		741		725,565
4.30%, 03/25/28 (Call 12/25/27)		2,185		2,099,960
5.00%, 02/20/26 (Call 01/20/26)		270		267,975
Eli Lilly & Co., 2.75%, 06/01/25 (Call 03/01/25)		292		280,516


Security	Par (000)		Value

Pharmaceuticals (continued)
GlaxoSmithKline Capital Inc., 3.63%, 05/15/25	$	350	$	341,226
Johnson & Johnson, 0.95%, 09/01/27 (Call 07/01/27)		15		13,075
Mead Johnson Nutrition Co., 4.13%, 11/15/25 (Call 08/15/25)		555		540,370
Merck & Co. Inc.
1.70%, 06/10/27 (Call 05/10/27)		45		40,341
2.75%, 02/10/25 (Call 11/10/24)		235		227,186
4.05%, 05/17/28^(a)		245		239,012
Novartis Capital Corp.
1.75%, 02/14/25 (Call 01/14/25)		93		88,493
2.00%, 02/14/27 (Call 12/14/26)		55		50,188
3.10%, 05/17/27 (Call 02/17/27)		60		56,714
Pfizer Investment Enterprises Pte Ltd., 4.45%, 05/19/28 (Call 04/19/28)		865		848,366
Shire Acquisitions Investments Ireland DAC, 3.20%, 09/23/26 (Call 06/23/26)		55		51,620
Utah Acquisition Sub Inc., 3.95%, 06/15/26 (Call 03/15/26)		50		47,233
Viatris Inc., 2.30%, 06/22/27 (Call 04/22/27)		665		581,556
Zoetis Inc.
3.00%, 09/12/27 (Call 06/12/27)		3,265		3,036,156
4.50%, 11/13/25 (Call 08/13/25)		145		142,719

				23,271,449

Pipelines — 2.3%
Boardwalk Pipelines LP, 5.95%, 06/01/26 (Call 03/01/26)		30		30,047
Cheniere Corpus Christi Holdings LLC
5.13%, 06/30/27 (Call 01/01/27)		2,080		2,058,451
5.88%, 03/31/25 (Call 10/02/24)		744		741,708
Columbia Pipeline Group Inc., 4.50%, 06/01/25 (Call 03/01/25)		251		244,976
DCP Midstream Operating LP, 5.63%, 07/15/27 (Call 04/15/27)		15		15,015
Enbridge Inc.
1.60%, 10/04/26 (Call 09/04/26)		155		138,937
2.50%, 01/15/25 (Call 12/15/24)		394		377,338
2.50%, 02/14/25		50		47,767
3.70%, 07/15/27 (Call 04/15/27)		45		42,432
4.25%, 12/01/26 (Call 09/01/26)		135		130,298
Energy Transfer LP
4.40%, 03/15/27 (Call 12/15/26)		110		105,433
5.55%, 02/15/28 (Call 01/15/28)		1,000		996,710
Enterprise Products Operating LLC
5.38%, 02/15/78 (Call 02/15/28), (3-mo. SOFR + 2.832%)^(b)		350		290,875
Series E, 5.25%, 08/16/77 (Call 08/16/27), (3-mo. SOFR + 3.295%)^(b)		405		356,578
Kinder Morgan Energy Partners LP, 4.25%, 09/01/24 (Call 06/01/24)		5		4,920
Kinder Morgan Inc.
1.75%, 11/15/26 (Call 10/15/26)		85		76,065
4.30%, 06/01/25 (Call 03/01/25)		3		2,933
MPLX LP
4.00%, 02/15/25 (Call 11/15/24)		286		278,558
4.13%, 03/01/27 (Call 12/01/26)		70		67,063
4.88%, 12/01/24 (Call 09/01/24)		534		527,186
4.88%, 06/01/25 (Call 03/01/25)		68		66,934
ONEOK Inc.
2.20%, 09/15/25 (Call 08/15/25)		650		605,046
4.00%, 07/13/27 (Call 04/13/27)^(a)		1,210		1,145,495
4.90%, 03/15/25 (Call 12/15/24)		1,306		1,285,391
5.55%, 11/01/26 (Call 10/01/26)		550		550,258


Security	Par (000)		Value

Pipelines (continued)
5.65%, 11/01/28 (Call 10/01/28)	$	550	$	550,935
5.85%, 01/15/26 (Call 12/15/25)		4,968		4,993,486
Sabine Pass Liquefaction LLC 5.00%, 03/15/27 (Call 09/15/26)		80		78,646
5.63%, 03/01/25 (Call 12/01/24)		1,022		1,019,098
Spectra Energy Partners LP 3.38%, 10/15/26 (Call 07/15/26)		155		145,942
3.50%, 03/15/25 (Call 12/15/24)		338		326,393
TC PipeLines LP, 4.38%, 03/13/25 (Call 12/13/24)		351		342,183
Tennessee Gas Pipeline Co. LLC, 7.00%, 03/15/27		790		823,085
Western Midstream Operating LP, 4.50%, 03/01/28 (Call 12/01/27)		465		438,053
Williams Companies Inc. (The) 3.75%, 06/15/27 (Call 03/15/27)		40		37,662
3.90%, 01/15/25 (Call 10/15/24)		462		450,579
4.00%, 09/15/25 (Call 06/15/25)		95		91,980

				19,484,456

Real Estate — 0.3%
Brookfield Asset Management Inc., 4.00%, 01/15/25 (Call 10/15/24)		280		272,499
CBRE Services Inc., 4.88%, 03/01/26 (Call 12/01/25)		2,480		2,425,316

				2,697,815

Real Estate Investment Trusts — 4.8%
Alexandria Real Estate Equities Inc. 3.45%, 04/30/25 (Call 02/28/25)		224		216,149
3.80%, 04/15/26 (Call 02/15/26)		10		9,596
3.95%, 01/15/27 (Call 10/15/26)		5		4,733
American Tower Corp. 1.30%, 09/15/25 (Call 08/15/25)^(a)		58		53,196
1.45%, 09/15/26 (Call 08/15/26)		1,340		1,186,985
1.50%, 01/31/28 (Call 11/30/27)		495		415,543
1.60%, 04/15/26 (Call 03/15/26)		75		67,757
2.40%, 03/15/25 (Call 02/15/25)		844		801,766
2.75%, 01/15/27 (Call 11/15/26)		950		868,110
2.95%, 01/15/25 (Call 12/15/24)		210		201,940
3.13%, 01/15/27 (Call 10/15/26)		875		806,146
3.38%, 10/15/26 (Call 07/15/26)		575		538,907
3.55%, 07/15/27 (Call 04/15/27)		100		92,706
3.60%, 01/15/28 (Call 10/15/27)		15		13,836
3.65%, 03/15/27 (Call 02/15/27)		85		79,779
4.00%, 06/01/25 (Call 03/01/25)		145		140,601
4.40%, 02/15/26 (Call 11/15/25)		290		282,100
5.25%, 07/15/28 (Call 06/15/28)		255		251,037
5.50%, 03/15/28 (Call 02/15/28)		370		368,298
AvalonBay Communities Inc. 3.20%, 01/15/28 (Call 10/15/27)		200		184,706
3.35%, 05/15/27 (Call 02/15/27)		5		4,676
Boston Properties LP 2.75%, 10/01/26 (Call 07/01/26)		130		117,278
3.20%, 01/15/25 (Call 10/15/24)		471		451,788
3.65%, 02/01/26 (Call 11/03/25)		45		42,400
6.75%, 12/01/27 (Call 11/01/27)^(a)		470		480,331
Brandywine Operating Partnership LP 3.95%, 11/15/27 (Call 08/15/27)		275		226,449
4.10%, 10/01/24 (Call 07/01/24)		273		261,488
7.55%, 03/15/28 (Call 02/15/28)		550		516,412
Brixmor Operating Partnership LP 3.85%, 02/01/25 (Call 11/01/24)		545		525,652
3.90%, 03/15/27 (Call 12/15/26)		85		78,997


Security	Par (000)		Value

Real Estate Investment Trusts (continued)
Corporate Office Properties LP, 2.25%, 03/15/26 (Call 02/15/26)^(a)	$	315	$	284,467
Crown Castle Inc., 5.00%, 01/11/28 (Call 12/11/27)		270		265,113
Crown Castle International Corp. 1.05%, 07/15/26 (Call 06/15/26)		85		74,985
1.35%, 07/15/25 (Call 06/15/25)		85		78,486
2.90%, 03/15/27 (Call 02/15/27)		1,675		1,537,918
3.65%, 09/01/27 (Call 06/01/27)		140		130,441
3.70%, 06/15/26 (Call 03/15/26)		60		57,145
3.80%, 02/15/28 (Call 11/15/27)		3,080		2,865,848
4.00%, 03/01/27 (Call 12/01/26)		60		56,980
4.45%, 02/15/26 (Call 11/15/25)		75		73,069
Digital Realty Trust LP 3.70%, 08/15/27 (Call 05/15/27)		1,095		1,021,044
4.45%, 07/15/28 (Call 04/15/28)^(a)		885		837,918
5.55%, 01/15/28 (Call 12/15/27)^(a)		290		289,504
EPR Properties 4.50%, 06/01/27 (Call 03/01/27)		385		347,351
4.75%, 12/15/26 (Call 09/15/26)		500		460,630
Equinix Inc. 1.00%, 09/15/25 (Call 08/15/25)		1,603		1,462,192
1.25%, 07/15/25 (Call 06/15/25)		548		505,453
1.45%, 05/15/26 (Call 04/15/26)		944		848,260
1.80%, 07/15/27 (Call 05/15/27)		15		13,106
2.63%, 11/18/24 (Call 10/18/24)		1,457		1,404,359
2.90%, 11/18/26 (Call 09/18/26)		95		87,914
ERP Operating LP 3.38%, 06/01/25 (Call 03/01/25)		46		44,339
3.50%, 03/01/28 (Call 12/01/27)		250		233,213
Essex Portfolio LP, 1.70%, 03/01/28 (Call 01/01/28)		200		169,682
Federal Realty Investment Trust, 3.25%, 07/15/27 (Call 04/15/27)^(a)		1,200		1,103,124
Federal Realty OP LP, 5.38%, 05/01/28		1,100		1,084,138
GLP Capital LP/GLP Financing II Inc. 5.25%, 06/01/25 (Call 03/01/25)		52		51,084
5.38%, 04/15/26 (Call 01/15/26)		5		4,896
Healthpeak Properties Inc. 1.35%, 02/01/27 (Call 01/01/27)		650		570,303
3.25%, 07/15/26 (Call 05/15/26)		120		113,494
3.40%, 02/01/25 (Call 11/01/24)		144		139,196
4.00%, 06/01/25 (Call 03/01/25)		368		358,101
Highwoods Realty LP, 4.13%, 03/15/28 (Call 12/15/27)		200		179,822
Host Hotels & Resorts LP
Series E, 4.00%, 06/15/25 (Call 03/15/25)		470		453,851
Series F, 4.50%, 02/01/26 (Call 11/01/25)		1,362		1,313,690
Hudson Pacific Properties LP 3.95%, 11/01/27 (Call 08/01/27)		10		7,932
5.95%, 02/15/28 (Call 01/15/28)^(a)		450		380,250
Kilroy Realty LP 3.45%, 12/15/24 (Call 09/15/24)		454		437,706
4.38%, 10/01/25 (Call 07/01/25)		188		179,138
Kimco Realty Corp., 3.30%, 02/01/25 (Call 12/01/24)		468		450,867
Omega Healthcare Investors Inc. 4.50%, 04/01/27 (Call 01/01/27)		500		472,915
4.75%, 01/15/28 (Call 10/15/27)		180		169,106
Piedmont Operating Partnership LP, 9.25%, 07/20/28		200		204,510
Prologis LP 2.13%, 04/15/27 (Call 02/15/27)		5		4,506
3.38%, 12/15/27 (Call 09/15/27)		600		559,620
4.88%, 06/15/28 (Call 05/15/28)		1,655		1,638,036


Security	Par (000)		Value

Real Estate Investment Trusts (continued)
Realty Income Corp. 3.40%, 01/15/28 (Call 11/15/27)	$	555	$	514,640
3.88%, 04/15/25 (Call 02/15/25)^(a)		538		523,958
Sabra Health Care LP, 5.13%, 08/15/26 (Call 05/15/26)		140		135,302
Simon Property Group LP 1.75%, 02/01/28 (Call 11/01/27)^(a)		710		609,854
3.38%, 12/01/27 (Call 09/01/27)^(a)		615		569,152
3.50%, 09/01/25 (Call 06/01/25)		35		33,723
SITE Centers Corp. 3.63%, 02/01/25 (Call 11/01/24)		519		493,834
4.25%, 02/01/26 (Call 11/01/25)		245		229,587
Spirit Realty LP, 2.10%, 03/15/28 (Call 01/15/28)		200		170,588
STORE Capital Corp., 4.50%, 03/15/28 (Call 12/15/27)		150		134,216
Ventas Realty LP 2.65%, 01/15/25 (Call 12/15/24)		850		810,330
3.25%, 10/15/26 (Call 07/15/26)		305		281,823
3.50%, 02/01/25 (Call 11/01/24)		538		517,884
3.85%, 04/01/27 (Call 01/01/27)		830		779,154
4.13%, 01/15/26 (Call 10/15/25)		85		81,796
Welltower Inc., 4.00%, 06/01/25 (Call 03/01/25)		208		201,700
Welltower OP LLC 2.70%, 02/15/27 (Call 12/15/26)		2,195		2,012,749
4.25%, 04/01/26 (Call 01/01/26)		105		101,661
4.25%, 04/15/28 (Call 01/15/28)		350		331,128
WP Carey Inc., 4.00%, 02/01/25 (Call 11/01/24)		160		155,826

				41,003,969

Retail — 3.1%
AutoNation Inc., 3.50%, 11/15/24 (Call 09/15/24)		331		320,567
AutoZone Inc. 3.63%, 04/15/25 (Call 03/15/25)		1,051		1,019,344
5.05%, 07/15/26		180		178,816
Costco Wholesale Corp., 1.38%, 06/20/27 (Call 04/20/27) .		100		88,404
Dollar Tree Inc., 4.00%, 05/15/25 (Call 03/15/25)		224		217,379
Home Depot Inc. (The) 2.13%, 09/15/26 (Call 06/15/26)		155		142,942
2.50%, 04/15/27 (Call 02/15/27)		2,575		2,379,712
2.70%, 04/15/25 (Call 03/15/25)		62		59,565
2.80%, 09/14/27 (Call 06/14/27)		810		752,158
2.88%, 04/15/27 (Call 03/15/27)		855		801,597
3.00%, 04/01/26 (Call 01/01/26)		220		210,126
3.35%, 09/15/25 (Call 06/15/25)		466		450,151
Lowe’s Companies Inc. 2.50%, 04/15/26 (Call 01/15/26)		395		369,025
3.10%, 05/03/27 (Call 02/03/27)		820		763,428
3.35%, 04/01/27 (Call 03/01/27)		2,160		2,032,279
3.38%, 09/15/25 (Call 06/15/25)		185		177,585
4.00%, 04/15/25 (Call 03/15/25)		1,116		1,090,890
4.40%, 09/08/25		65		63,874
4.80%, 04/01/26 (Call 03/01/26)		70		69,166
McDonald’s Corp. 3.38%, 05/26/25 (Call 02/26/25)		37		35,823
4.80%, 08/14/28		75		74,621
Ross Stores Inc., 4.60%, 04/15/25 (Call 03/15/25)		751		737,527
Starbucks Corp. 2.00%, 03/12/27 (Call 01/12/27)		50		45,114
3.80%, 08/15/25 (Call 06/15/25)		8		7,780
4.75%, 02/15/26		50		49,548
Target Corp. 1.95%, 01/15/27 (Call 12/15/26)		1,590		1,448,713
2.25%, 04/15/25 (Call 03/15/25)		5,801		5,542,855


Security	Par (000)		Value

Retail (continued)
2.50%, 04/15/26	$	6,882	$	6,517,805
Walgreens Boots Alliance Inc., 3.45%, 06/01/26 (Call 03/01/26)		630		595,035

				26,241,829

Semiconductors — 1.8%
Applied Materials Inc. 3.30%, 04/01/27 (Call 01/01/27)		130		123,496
3.90%, 10/01/25 (Call 07/01/25)		1,613		1,572,546
Broadcom Corp./Broadcom Cayman Finance Ltd., 3.88%, 01/15/27 (Call 10/15/26)		65		61,745
Intel Corp. 2.60%, 05/19/26 (Call 02/19/26)		1,520		1,432,174
3.15%, 05/11/27 (Call 02/11/27)^(a)		235		220,012
3.40%, 03/25/25 (Call 02/25/25)		480		465,989
3.70%, 07/29/25 (Call 04/29/25)		382		371,071
3.75%, 03/25/27 (Call 01/25/27)		642		616,326
3.75%, 08/05/27 (Call 07/05/27)		690		659,467
4.88%, 02/10/26		675		671,294
4.88%, 02/10/28 (Call 01/10/28)		465		461,996
Lam Research Corp. 3.75%, 03/15/26 (Call 01/15/26)		72		69,803
3.80%, 03/15/25 (Call 12/15/24)		325		317,424
Marvell Technology Inc., 2.45%, 04/15/28 (Call 02/15/28)		300		263,538
Micron Technology Inc. 4.19%, 02/15/27 (Call 12/15/26)		25		23,807
5.38%, 04/15/28 (Call 03/15/28)		200		196,646
NVIDIA Corp., 3.20%, 09/16/26 (Call 06/16/26)		1,180		1,126,416
NXP BV/NXP Funding LLC, 5.35%, 03/01/26 (Call 01/01/26)^(a)		567		563,366
NXP BV/NXP Funding LLC/NXP USA Inc. 2.70%, 05/01/25 (Call 04/01/25)		151		143,782
3.15%, 05/01/27 (Call 03/01/27)		220		203,766
3.88%, 06/18/26 (Call 04/18/26)		70		67,131
4.40%, 06/01/27 (Call 05/01/27)		390		375,141
QUALCOMM Inc., 3.25%, 05/20/27 (Call 02/20/27)		45		42,489
Skyworks Solutions Inc., 1.80%, 06/01/26 (Call 05/01/26)		27		24,206
Texas Instruments Inc. 1.13%, 09/15/26 (Call 08/15/26)		325		291,473
1.38%, 03/12/25 (Call 02/12/25)		2,267		2,138,937
2.90%, 11/03/27 (Call 08/03/27)		60		55,802
4.60%, 02/15/28 (Call 01/15/28)		1,570		1,562,056
TSMC Arizona Corp. 1.75%, 10/25/26 (Call 09/25/26)		200		179,934
3.88%, 04/22/27 (Call 03/22/27)^(a)		1,260		1,211,881

				15,513,714

Shipbuilding — 0.1%
Huntington Ingalls Industries Inc. 2.04%, 08/16/28 (Call 06/16/28)		500		424,080
3.48%, 12/01/27 (Call 09/01/27)		645		594,348
3.84%, 05/01/25 (Call 04/01/25)		225		217,755

				1,236,183

Software — 4.9%
Adobe Inc. 1.90%, 02/01/25 (Call 01/01/25)		269		257,188
2.15%, 02/01/27 (Call 12/01/26)		9,680		8,886,724
3.25%, 02/01/25 (Call 11/01/24)		877		853,830
Autodesk Inc. 3.50%, 06/15/27 (Call 03/15/27)		55		51,960
4.38%, 06/15/25 (Call 03/15/25)^(a)		274		268,704


Security	Par (000)		Value

Software (continued)
Electronic Arts Inc., 4.80%, 03/01/26 (Call 12/01/25)^(a)	$	140	$	138,447
Fidelity National Information Services Inc. 1.15%, 03/01/26 (Call 02/01/26)		55		49,504
4.70%, 07/15/27 (Call 06/15/27)		960		942,259
Fiserv Inc. 3.20%, 07/01/26 (Call 05/01/26)		45		42,449
3.85%, 06/01/25 (Call 03/01/25)		32		31,055
5.38%, 08/21/28		325		325,907
5.45%, 03/02/28 (Call 02/02/28)		200		201,126
Intuit Inc. 0.95%, 07/15/25 (Call 06/15/25)		4,626		4,273,499
1.35%, 07/15/27 (Call 05/15/27)		125		109,640
Microsoft Corp. 2.40%, 08/08/26 (Call 05/08/26)		4,000		3,749,920
2.70%, 02/12/25 (Call 11/12/24)		2,231		2,157,489
3.13%, 11/03/25 (Call 08/03/25)		3,045		2,938,608
3.30%, 02/06/27 (Call 11/06/26)		7,085		6,807,268
Oracle Corp. 1.65%, 03/25/26 (Call 02/25/26)		40		36,446
2.30%, 03/25/28 (Call 01/25/28)		1,800		1,583,928
2.50%, 04/01/25 (Call 03/01/25)		190		180,946
2.65%, 07/15/26 (Call 04/15/26)		27		25,072
2.80%, 04/01/27 (Call 02/01/27)		1,875		1,721,906
2.95%, 05/15/25 (Call 02/15/25)^(a)		182		174,241
Roper Technologies Inc. 1.00%, 09/15/25 (Call 08/15/25)		91		83,328
1.40%, 09/15/27 (Call 07/15/27)		335		290,133
3.80%, 12/15/26 (Call 09/15/26)		5		4,772
Take-Two Interactive Software Inc. 3.70%, 04/14/27 (Call 03/14/27)		350		331,639
4.95%, 03/28/28 (Call 02/28/28)		270		265,928
5.00%, 03/28/26		300		296,430
VMware Inc. 1.40%, 08/15/26 (Call 07/15/26)		3,047		2,701,165
4.50%, 05/15/25 (Call 04/15/25)		1,216		1,190,537
4.65%, 05/15/27 (Call 03/15/27)		30		29,150
Workday Inc., 3.50%, 04/01/27 (Call 03/01/27)		685		646,969

				41,648,167

Telecommunications — 1.9%
AT&T Inc. 1.65%, 02/01/28 (Call 12/01/27)		1,650		1,410,354
2.30%, 06/01/27 (Call 04/01/27)		20		17,905
3.80%, 02/15/27 (Call 11/15/26)		10		9,512
4.25%, 03/01/27 (Call 12/01/26)		15		14,449
Cisco Systems Inc. 2.50%, 09/20/26 (Call 06/20/26)		90		84,239
2.95%, 02/28/26		75		71,948
3.50%, 06/15/25^(a)		2,224		2,163,552
Nokia OYJ, 4.38%, 06/12/27		50		47,155
Rogers Communications Inc. 2.90%, 11/15/26 (Call 08/15/26)		635		584,676
3.20%, 03/15/27		835		771,306
3.63%, 12/15/25 (Call 09/15/25)^(a)		1,465		1,394,079
Telefonica Emisiones SA, 4.10%, 03/08/27		20		19,037
TELUS Corp. 2.80%, 02/16/27 (Call 11/16/26)		110		101,917
3.70%, 09/15/27 (Call 06/15/27)		160		150,482
T-Mobile USA Inc. 2.05%, 02/15/28 (Call 12/15/27)		1,350		1,178,591
3.75%, 04/15/27 (Call 02/15/27)		85		80,495


Security	Par (000)		Value

Telecommunications (continued)
4.80%, 07/15/28	$	925	$	904,530
4.95%, 03/15/28 (Call 02/15/28)		255		251,275
Verizon Communications Inc. 1.45%, 03/20/26 (Call 02/20/26)		58		52,601
2.10%, 03/22/28 (Call 01/22/28)		1,525		1,332,728
2.63%, 08/15/26		770		717,101
3.00%, 03/22/27 (Call 01/22/27)		2,445		2,272,823
3.38%, 02/15/25		146		141,604
3.50%, 11/01/24 (Call 08/01/24)		139		135,798
4.13%, 03/16/27		290		279,287
Vodafone Group PLC, 4.13%, 05/30/25		1,818		1,776,513

				15,963,957

Toys, Games & Hobbies — 0.4%
Hasbro Inc. 3.00%, 11/19/24 (Call 10/19/24)		2,006		1,939,421
3.50%, 09/15/27 (Call 06/15/27)		85		79,372
3.55%, 11/19/26 (Call 09/19/26)		1,815		1,705,701

				3,724,494

Transportation — 1.1%
Canadian National Railway Co. 2.75%, 03/01/26 (Call 12/01/25)		67		63,327
2.95%, 11/21/24 (Call 08/21/24)		219		212,297
Canadian Pacific Railway Co. 1.75%, 12/02/26 (Call 11/02/26)		55		49,391
2.90%, 02/01/25 (Call 11/01/24)		30		28,884
CH Robinson Worldwide Inc., 4.20%, 04/15/28 (Call 01/15/28)		1,400		1,332,142
GXO Logistics Inc., 1.65%, 07/15/26 (Call 06/15/26)		1,130		1,000,355
Norfolk Southern Corp. 2.90%, 06/15/26 (Call 03/15/26)		40		37,696
3.15%, 06/01/27 (Call 03/01/27)		25		23,342
3.65%, 08/01/25 (Call 06/01/25)		10		9,671
Ryder System Inc. 1.75%, 09/01/26 (Call 08/01/26)		2,920		2,629,314
2.85%, 03/01/27 (Call 02/01/27)		105		96,532
2.90%, 12/01/26 (Call 10/01/26)		900		827,586
3.35%, 09/01/25 (Call 08/01/25)		1,646		1,574,399
4.30%, 06/15/27 (Call 05/15/27)		525		505,538
4.63%, 06/01/25 (Call 05/01/25)		232		227,434
5.25%, 06/01/28 (Call 05/01/28)		255		251,670
5.65%, 03/01/28 (Call 02/01/28)		300		300,573
Union Pacific Corp. 2.15%, 02/05/27 (Call 12/05/26)		10		9,132
3.00%, 04/15/27 (Call 01/15/27)		10		9,352
3.25%, 01/15/25 (Call 10/15/24)		37		35,969
3.25%, 08/15/25 (Call 05/15/25)		12		11,559
3.75%, 07/15/25 (Call 05/15/25)^(a)		55		53,446
United Parcel Service Inc. 2.40%, 11/15/26 (Call 08/15/26)		130		120,975
2.80%, 11/15/24 (Call 09/15/24)		50		48,518
3.90%, 04/01/25 (Call 03/01/25)		296		290,148

				9,749,250

Trucking & Leasing — 0.1%
GATX Corp. 3.25%, 03/30/25 (Call 12/30/24)		33		31,652
3.50%, 03/15/28 (Call 12/15/27)^(a)		600		549,198

				580,850


Security	Par/ Shares (000)		Value

Venture Capital — 0.0%
Hercules Capital Inc. 2.63%, 09/16/26 (Call 08/16/26)^(a)	$	55	$	48,038
3.38%, 01/20/27 (Call 12/20/26)^(a)		330		291,905

				339,943

Water — 0.0%
American Water Capital Corp., 3.40%, 03/01/25 (Call 12/01/24)		352		340,937


Total Long-Term Investments — 98.8% (Cost: $892,484,823)				845,750,894


Short-Term Securities

Money Market Funds — 3.3%
BlackRock Cash Funds: Institutional, SL Agency Shares, 5.52%^(d)(e)(f)		28,216		28,224,883
BlackRock Cash Funds: Treasury, SL Agency Shares, 5.31%^(d)(e)		460		460,000


Total Short-Term Securities — 3.3% (Cost: $28,666,977)				28,684,883


Total Investments — 102.1% (Cost: $921,151,800)				874,435,777

Liabilities in Excess of Other Assets — (2.1)%				(18,204,961	)


Net Assets — 100.0%			$	856,230,816

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

Various inputs are used in determining the fair value of financial instruments. For a description of the input levels and information about the Fund’s policy regarding valuation of financial instruments, refer to the Notes to 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.


Security	Par (000)		Value
Asset-Backed Securities
Ally Auto Receivables Trust 2022-35.07%, 04/15/27 (Call 01/15/26)	$	1,780	$	1,767,038
American Express Credit Account Master Trust 3.75%, 08/15/27		2,000		1,943,409
Series 2022-2, Class A, 3.39%, 05/15/27		1,000		967,620
BA Credit Card Trust Series 2021-A1, Class A1, 0.44%, 09/15/26		100		96,804
Capital One Multi-Asset Execution Trust4.95%, 10/15/27		5,067		5,033,448
GM Financial Consumer Automobile Receivables Trust Series 2021-1, Class A4, 0.54%, 05/17/27 (Call 12/16/24)		850		801,044
Hyundai Auto Receivables Trust5.48%, 04/17/28		1,500		1,507,239
Toyota Auto Receivables Owner Trust Series 2021-B, Class A4, 0.53%, 10/15/26 (Call 07/15/25)		1,000		926,521


Total Asset-Backed Securities — 0.4% (Cost: $13,328,081)				13,043,123


Collaterized Mortgage Obligations

Mortgage-Backed Securities — 0.9%
Bank, Series 2017-BNK5, Class A4, 3.13%, 06/15/60 (Call 07/15/27)		850		781,226
BBCMS Mortgage Trust
Series 2020-C7, Class A5, 2.04%, 04/15/53 (Call 04/15/30)		670		543,055
Series 2021-C11, Class A5, 2.32%, 09/15/54		2,000		1,601,493
Benchmark Mortgage Trust 3.93%, 03/15/52 (Call 02/15/29)		1,500		1,423,983
4.59%, 05/15/55 (Call 05/15/32)^(a)		2,000		1,803,217
Series 2018-B4, Class A5, 4.12%, 07/15/51 (Call 07/15/28)^(a)		100		93,178
Series 2018-B4, Class ASB, 4.06%, 07/15/51 (Call 07/15/28)^(a)		246		236,358
Series 2018-B6, Class AAB, 4.17%, 10/10/51 (Call 10/10/28)		250		240,771
Series 2019-B11, Class A4, 3.28%, 05/15/52 (Call 06/15/29)		100		89,626
Series 2020-B21, Class A4, 1.70%, 12/17/53 (Call 12/15/30)		1,200		942,909
Series 2020-B21, Class A5, 1.98%, 12/17/53 (Call 12/15/30)		800		627,983
CD Mortgage Trust, 3.35%, 11/10/49 (Call 11/10/26)		1,521		1,457,023
COMM Mortgage Trust, Series 2014-UBS3, Class A4, 3.82%, 06/10/47 (Call 06/10/24)		720		705,268
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates 3.78%, 11/25/32^(a)		4,000		3,688,385
4.43%, 02/25/33^(a)		2,400		2,326,773
GS Mortgage Securities Trust, Series 2015-GC30,
Class A4, 3.38%, 05/10/50 (Call 05/10/25)		250		238,154
JP Morgan Chase Commercial Mortgage Securities Trust, Series 2016-JP3, Class A5, 2.87%, 08/15/49 (Call 09/15/26)		100		91,699
JPMCC Commercial Mortgage Securities Trust, 3.28%, 07/15/50 (Call 06/15/27)		1,145		1,094,972
Morgan Stanley Bank of America Merrill Lynch Trust
Series 2014-C18, Class ASB, 3.62%, 10/15/47 (Call 07/15/26)		15		15,087


Security	Par (000)		Value

Mortgage-Backed Securities (continued)
Series 2014-C19, Class A4, 3.53%, 12/15/47 (Call 10/15/26)	$	100	$	96,650
Series 2015-C27, Class A4, 3.75%, 12/15/47 (Call 11/15/25)		250		237,702
Series 2016-C31, Class A5, 3.10%, 11/15/49 (Call 11/15/26)		500		455,764
Morgan Stanley Capital I Trust, Series 2019-L3,
Class AS, 3.49%, 11/15/52 (Call 11/15/29)		82		69,203
MSWF Commercial Mortgage Trust, 5.75%, 05/15/56		2,000		2,037,776
SG Commercial Mortgage Securities Trust, Series 2016-C5, Class C5, 2.90%, 10/10/48 (Call 07/10/26).		631		606,353
UBS Commercial Mortgage Trust, Series 2018-C12, Class ASB, 4.19%, 08/15/51 (Call 08/15/28)		400		384,092
Wells Fargo Commercial Mortgage Trust
Class A4, 2.34%, 08/15/54 (Call 07/15/31)		460		365,104
Class ASB, 4.17%, 05/15/51 (Call 05/15/28)		952		916,668
Series 2015-LC22, Class A4, 3.84%, 09/15/58 (Call 09/15/25)		500		478,258
Series 2017-C41, Class A4, 3.47%, 11/15/50 (Call 11/15/27)		1,000		913,570
Series 2019-C51, Class A4, 3.31%, 06/15/52 (Call 06/15/29)		2,000		1,752,290
Series 2020-C56, Class A5, 2.45%, 06/15/53 (Call 04/15/30)		130		107,773
WFRBS Commercial Mortgage Trust, Series 2014-C21, Class A5, 3.68%, 08/15/47 (Call 08/15/24)		635		617,917

				27,040,280


Total Collaterized Mortgage Obligations — 0.9% (Cost: $30,493,716)				27,040,280


Corporate Bonds & Notes

Advertising — 0.0%
Interpublic Group of Companies Inc. (The) 5.38%, 06/15/33 (Call 03/15/33)		117		112,924
5.40%, 10/01/48 (Call 04/01/48)		230		209,282
WPP Finance 2010, 3.75%, 09/19/24		1,095		1,064,646

				1,386,852

Aerospace & Defense — 0.3%
Hexcel Corp. 4.20%, 02/15/27 (Call 11/15/26)		270		253,730
4.95%, 08/15/25 (Call 05/15/25)		1,105		1,075,706
L3Harris Technologies Inc. 2.90%, 12/15/29 (Call 09/15/29)		467		406,281
3.83%, 04/27/25 (Call 01/27/25)		535		520,678
4.40%, 06/15/28 (Call 03/15/28)		1,052		1,010,877
4.85%, 04/27/35 (Call 10/27/34)		515		485,490
5.05%, 04/27/45 (Call 10/27/44)		169		155,975
5.40%, 01/15/27		125		125,296
5.40%, 07/31/33 (Call 04/30/33)		235		235,428
5.60%, 07/31/53		45		45,168
6.15%, 12/15/40		89		91,694
RTX Corp. 1.90%, 09/01/31 (Call 06/01/31)		100		78,283
2.25%, 07/01/30 (Call 04/01/30)		704		584,010
2.38%, 03/15/32 (Call 12/15/31)		165		132,650
2.65%, 11/01/26 (Call 08/01/26)		70		64,930
3.13%, 05/04/27 (Call 02/04/27)		282		262,813
3.13%, 07/01/50 (Call 01/01/50)		171		115,803


Security	Par (000)		Value

Aerospace & Defense (continued)
3.75%, 11/01/46 (Call 05/01/46)	$	267	$	202,559
3.95%, 08/16/25 (Call 06/16/25)		625		607,712
4.05%, 05/04/47 (Call 11/04/46)		237		190,643
4.13%, 11/16/28 (Call 08/16/28)		651		621,126
4.15%, 05/15/45 (Call 11/16/44)		285		231,426
4.35%, 04/15/47 (Call 10/15/46)		257		216,119
4.45%, 11/16/38 (Call 05/16/38)		210		186,012
4.50%, 06/01/42		483		421,403
4.63%, 11/16/48 (Call 05/16/48)		214		188,061
4.70%, 12/15/41		27		23,998
4.80%, 12/15/43 (Call 06/15/43)		145		128,648
4.88%, 10/15/40		130		118,659
5.00%, 02/27/26 (Call 01/27/26)		75		74,655
5.15%, 02/27/33 (Call 11/27/32)		125		123,449
5.38%, 02/27/53 (Call 08/27/52)		95		92,457
5.40%, 05/01/35		10		9,994
6.05%, 06/01/36		20		20,896
6.13%, 07/15/38		140		146,429
7.50%, 09/15/29		5		5,584

				9,254,642

Agriculture — 0.2%
Archer-Daniels-Midland Co. 2.50%, 08/11/26 (Call 05/11/26)		710		666,491
2.70%, 09/15/51 (Call 03/15/51)		180		116,046
2.90%, 03/01/32 (Call 12/01/31)		50		43,132
3.25%, 03/27/30 (Call 12/27/29)		238		216,394
3.75%, 09/15/47 (Call 03/15/47)		74		58,992
4.02%, 04/16/43		28		23,153
4.50%, 08/15/33 (Call 05/15/33)^(b)		100		96,634
4.50%, 03/15/49 (Call 09/15/48)		55		49,280
4.54%, 03/26/42		42		37,735
5.94%, 10/01/32		107		113,929
Bunge Ltd. Finance Corp. 1.63%, 08/17/25 (Call 07/17/25)		1,410		1,305,745
2.75%, 05/14/31 (Call 02/14/31)		1,365		1,141,959
3.25%, 08/15/26 (Call 05/15/26)		1,276		1,201,252
3.75%, 09/25/27 (Call 06/25/27)		889		836,825

				5,907,567

Airlines — 0.0%
Southwest Airlines Co., 2.63%, 02/10/30 (Call 11/10/29)		100		84,415


Apparel — 0.1%
NIKE Inc. 3.25%, 03/27/40 (Call 09/27/39)		60		48,427
3.38%, 11/01/46 (Call 05/01/46)		85		65,725
3.38%, 03/27/50 (Call 09/27/49)^(b)		203		156,722
3.88%, 11/01/45 (Call 05/01/45)		257		219,493
PVH Corp., 4.63%, 07/10/25 (Call 06/10/25)		675		652,887
Tapestry Inc. 4.13%, 07/15/27 (Call 04/15/27)		62		57,892
4.25%, 04/01/25 (Call 01/01/25)		5		4,861
VF Corp. 2.40%, 04/23/25 (Call 03/23/25)		290		273,699
2.80%, 04/23/27 (Call 02/23/27)		71		64,492
2.95%, 04/23/30 (Call 01/23/30)		395		327,834

				1,872,032


Security	Par (000)		Value

Auto Manufacturers — 0.2%
American Honda Finance Corp. 1.80%, 01/13/31	$	385	$	308,435
2.00%, 03/24/28		300		262,479
2.25%, 01/12/29		270		235,200
2.30%, 09/09/26		155		142,473
2.35%, 01/08/27		140		128,132
3.50%, 02/15/28		195		183,078
4.60%, 04/17/30		140		136,156
4.70%, 01/12/28		100		98,719
4.75%, 01/12/26		60		59,404
5.13%, 07/07/28		100		100,093
5.25%, 07/07/26		100		100,160
Series A, 4.60%, 04/17/25		160		157,950
Cummins Inc. 1.50%, 09/01/30 (Call 06/01/30)		519		417,141
2.60%, 09/01/50 (Call 03/01/50)^(b)		280		173,261
4.88%, 10/01/43 (Call 04/01/43)		362		331,617
General Motors Co. 5.00%, 04/01/35		90		80,384
5.15%, 04/01/38 (Call 10/01/37)		95		82,782
5.20%, 04/01/45		239		196,274
5.40%, 04/01/48 (Call 10/01/47)		222		185,053
5.95%, 04/01/49 (Call 10/01/48)		175		156,760
6.25%, 10/02/43		135		126,903
6.60%, 04/01/36 (Call 10/01/35)		161		162,055
6.75%, 04/01/46 (Call 10/01/45)		179		176,487
General Motors Financial Co. Inc. 2.35%, 01/08/31 (Call 10/08/30)		5		3,884
2.40%, 10/15/28 (Call 08/15/28)		35		29,608
2.70%, 06/10/31 (Call 03/10/31)		65		51,282
3.10%, 01/12/32 (Call 10/12/31)		60		47,950
3.60%, 06/21/30 (Call 03/21/30)		20		17,176
4.30%, 04/06/29 (Call 02/06/29)		35		31,996
5.80%, 06/23/28 (Call 05/23/28)		130		128,911
5.85%, 04/06/30 (Call 02/06/30)		25		24,440
6.40%, 01/09/33 (Call 10/09/32)^(b)		280		282,145
Honda Motor Co. Ltd., 2.97%, 03/10/32 (Call 12/10/31) .		100		87,290
Mercedes-Benz Finance North America LLC, 8.50%, 01/18/31		317		386,632
Toyota Motor Credit Corp. 2.15%, 02/13/30		107		90,815
3.05%, 01/11/28		57		52,913
3.20%, 01/11/27		95		89,668
3.38%, 04/01/30		180		163,708
3.65%, 01/08/29		111		104,747
4.45%, 05/18/26		180		177,532
4.55%, 09/20/27		50		49,237
4.55%, 05/17/30		180		175,316
4.63%, 01/12/28		65		64,364
4.70%, 01/12/33		80		78,431

				6,139,041

Auto Parts & Equipment — 0.1%
Aptiv PLC 3.10%, 12/01/51 (Call 06/01/51)		409		248,991
4.15%, 05/01/52 (Call 11/01/51)		170		126,247
4.35%, 03/15/29 (Call 12/15/28)		150		144,589
4.40%, 10/01/46 (Call 04/01/46)		54		41,169
5.40%, 03/15/49 (Call 09/15/48)^(b)		307		269,128
BorgWarner Inc., 4.38%, 03/15/45 (Call 09/15/44)		61		48,168


Security	Par (000)		Value

Auto Parts & Equipment (continued)
Lear Corp. 3.50%, 05/30/30 (Call 02/28/30)	$	229	$	199,967
3.55%, 01/15/52 (Call 07/15/51)		65		42,461
3.80%, 09/15/27 (Call 06/15/27)		136		127,371
4.25%, 05/15/29 (Call 02/15/29)		132		122,677
5.25%, 05/15/49 (Call 11/15/48)		117		101,768
Magna International Inc. 4.15%, 10/01/25 (Call 07/01/25)		65		63,162
5.50%, 03/21/33 (Call 12/21/32)		50		50,620

				1,586,318

Banks — 5.8%
Australia & New Zealand Banking Group Ltd., 3.70%, 11/16/25		540		522,288
Banco Bilbao Vizcaya Argentaria SA
1.13%, 09/18/25		7,332		6,688,397
5.86%, 09/14/26 (Call 09/14/25), (1-year CMT + 2.300%)^(a)		1,020		1,011,524
Banco Santander SA
1.72%, 09/14/27 (Call 09/14/26), (1-year CMT + 0.900%)^(a)		25		21,963
3.23%, 11/22/32 (Call 08/22/31), (1-year CMT + 1.600%)^(a)		425		333,196
4.18%, 03/24/28 (Call 03/24/27), (1-year CMT + 2.000%)^(a)		325		304,460
4.38%, 04/12/28		215		201,934
5.18%, 11/19/25		175		171,099
5.59%, 08/08/28		200		198,254
6.92%, 08/08/33		400		400,152
Bank of America Corp.
1.32%, 06/19/26 (Call 06/19/25), (1-day SOFR + 1.150%)^(a)		115		105,800
1.73%, 07/22/27 (Call 07/22/26), (1-day SOFR + 0.960%)^(a)		150		134,232
1.90%, 07/23/31 (Call 07/23/30), (1-day SOFR + 1.530%)^(a)		45		35,474
1.92%, 10/24/31 (Call 10/24/30), (1-day SOFR + 1.370%)^(a)		15		11,750
2.02%, 02/13/26 (Call 02/13/25), (3-mo. SOFR + 0.902%)^(a)		175		165,065
2.09%, 06/14/29 (Call 06/14/28), (1-day SOFR + 1.060%)^(a)		10		8,526
2.30%, 07/21/32 (Call 07/21/31), (1-day SOFR + 1.220%)^(a)		70		55,197
2.46%, 10/22/25 (Call 10/22/24), (3-mo. SOFR + 1.132%)^(a)		191		183,555
2.48%, 09/21/36 (Call 09/21/31), (5-year CMT + 1.200%)^(a)		385		292,658
2.50%, 02/13/31 (Call 02/13/30), (3-mo. SOFR + 1.252%)^(a)		278		231,037
2.55%, 02/04/28 (Call 02/04/27), (1-day SOFR + 1.050%)^(a)		50		45,231
2.59%, 04/29/31 (Call 04/29/30), (1-day SOFR + 2.150%)^(a)		299		248,903
2.68%, 06/19/41 (Call 06/19/40), (1-day SOFR + 1.930%)^(a)		150		103,290
2.69%, 04/22/32 (Call 04/22/31),
(1-day SOFR + 1.320%)^(a)		255		208,419
2.83%, 10/24/51 (Call 10/24/50), (1-day SOFR + 1.880%)^(a)		304		194,922


Security	Par (000)		Value

Banks (continued)
2.88%, 10/22/30 (Call 10/22/29), (3-mo. SOFR + 1.452%)^(a)	$	168	$	143,986
2.97%, 02/04/33 (Call 02/04/32), (1-day SOFR + 1.330%)^(a)		422		347,209
2.97%, 07/21/52 (Call 07/21/51), (1-day SOFR + 1.560%)^(a)		377		248,779
3.09%, 10/01/25 (Call 10/01/24), (3-mo. SOFR + 1.352%)^(a)		250		242,245
3.19%, 07/23/30 (Call 07/23/29), (3-mo. SOFR + 1.442%)^(a)		185		162,430
3.25%, 10/21/27 (Call 10/21/26)		260		242,198
3.31%, 04/22/42 (Call 04/22/41), (1-day SOFR + 1.580%)^(a)		115		86,083
3.37%, 01/23/26 (Call 01/23/25), (3-mo. SOFR + 1.072%)^(a)		250		240,972
3.38%, 04/02/26 (Call 04/02/25), (1-day SOFR + 1.330%)^(a)		15		14,419
3.42%, 12/20/28 (Call 12/20/27), (3-mo. SOFR + 1.302%)^(a)		280		256,617
3.50%, 04/19/26		207		196,967
3.56%, 04/23/27 (Call 04/23/26), (3-mo. SOFR + 1.322%)^(a)		190		180,012
3.59%, 07/21/28 (Call 07/21/27), (3-mo. SOFR + 1.632%)^(a)		235		218,585
3.71%, 04/24/28 (Call 04/24/27), (3-mo. SOFR + 1.774%)^(a)		282		263,887
3.82%, 01/20/28 (Call 01/20/27), (3-mo. SOFR + 1.837%)^(a)		185		174,370
3.85%, 03/08/37 (Call 03/08/32), (5-year CMT + 2.000%)^(a)		240		203,225
3.88%, 08/01/25		95		92,437
3.95%, 01/23/49 (Call 01/23/48), (3-mo. SOFR + 1.452%)^(a)		216		169,748
3.97%, 03/05/29 (Call 03/05/28), (3-mo. SOFR + 1.332%)^(a)		235		219,246
3.97%, 02/07/30 (Call 02/07/29), (3-mo. SOFR + 1.472%)^(a)		186		171,191
4.00%, 01/22/25		295		287,649
4.08%, 04/23/40 (Call 04/23/39), (3-mo. SOFR + 1.582%)^(a)		180		151,234
4.08%, 03/20/51 (Call 03/20/50), (3-mo. SOFR + 3.412%)^(a)		751		603,376
4.24%, 04/24/38 (Call 04/24/37), (3-mo. SOFR + 2.076%)^(a)		480		417,293
4.25%, 10/22/26		162		155,431
4.27%, 07/23/29 (Call 07/23/28), (3-mo. SOFR + 1.572%)^(a)		265		249,988
4.33%, 03/15/50 (Call 03/15/49), (3-mo. SOFR + 1.782%)^(a)		483		408,835
4.38%, 04/27/28 (Call 04/27/27), (1-day SOFR + 1.580%)^(a)		50		47,949
4.44%, 01/20/48 (Call 01/20/47), (3-mo. SOFR + 2.252%)^(a)		485		413,710
4.45%, 03/03/26		135		131,247
4.57%, 04/27/33 (Call 04/27/32), (1-day SOFR + 1.830%)^(a)		740		685,255
4.83%, 07/22/26 (Call 07/22/25), (1-day SOFR + 1.750%)^(a)		185		181,539
4.88%, 04/01/44		151		141,415


Security	Par (000)		Value

Banks (continued)
4.95%, 07/22/28 (Call 07/22/27), (1-day SOFR + 2.040%)^(a)	$	140	$	137,029
5.00%, 01/21/44		413		392,726
5.02%, 07/22/33 (Call 07/22/32), (1-day SOFR + 2.160%)^(a)		395		379,844
5.20%, 04/25/29 (Call 04/25/28), (1-day SOFR + 1.630%)^(a)		555		546,309
5.29%, 04/25/34, (1-day SOFR + 1.910%)^(a)		725		707,607
5.88%, 02/07/42		519		537,212
6.11%, 01/29/37		480		496,685
6.20%, 11/10/28 (Call 11/10/27), (1-day SOFR + 1.990%)^(a)		110		112,584
6.22%, 09/15/26		5		5,108
7.75%, 05/14/38		275		321,667
Series L, 3.95%, 04/21/25		275		266,370
Series L, 4.18%, 11/25/27 (Call 11/25/26)		190		180,321
Series L, 4.75%, 04/21/45		157		141,259
Series N, 2.65%, 03/11/32 (Call 03/11/31), (1-day SOFR + 1.220%)^(a)		55		45,088
Series N, 3.48%, 03/13/52 (Call 03/13/51), (1-day SOFR + 1.650%)^(a)		290		211,161
Bank of America NA 5.53%, 08/18/26		250		251,285
6.00%, 10/15/36		352		369,146
Bank of Montreal 1.25%, 09/15/26		150		132,906
1.85%, 05/01/25		595		558,991
2.65%, 03/08/27		200		182,538
3.80%, 12/15/32 (Call 12/15/27), (5-year USD Swap + 1.432%)^(a)		760		671,194
5.20%, 02/01/28 (Call 01/01/28)		150		148,788
5.30%, 06/05/26		100		99,630
Series H, 4.70%, 09/14/27 (Call 08/14/27)		115		112,211
Bank of New York Mellon Corp. (The) 1.60%, 04/24/25 (Call 03/24/25)		483		453,648
2.05%, 01/26/27 (Call 12/26/26)		190		171,631
2.10%, 10/24/24		302		291,107
2.45%, 08/17/26 (Call 05/17/26)		293		271,297
2.50%, 01/26/32 (Call 10/26/31)		100		81,299
2.80%, 05/04/26 (Call 02/04/26)		276		259,131
3.00%, 10/30/28 (Call 07/30/28)		179		160,792
3.25%, 09/11/24 (Call 08/11/24)		160		156,147
3.25%, 05/16/27 (Call 02/16/27)		97		91,013
3.30%, 08/23/29 (Call 05/23/29)		320		285,718
3.35%, 04/25/25 (Call 03/25/25)		200		193,068
3.40%, 01/29/28 (Call 10/29/27)		345		321,564
3.44%, 02/07/28 (Call 02/07/27), (3-mo. SOFR + 1.331%)^(a)		534		502,900
3.85%, 04/28/28		405		385,471
3.85%, 04/26/29 (Call 02/26/29)		200		188,618
3.95%, 11/18/25 (Call 10/18/25)		324		313,253
3.99%, 06/13/28 (Call 06/13/27), (1-day SOFR + 1.151%)^(a)(b)		100		95,542
4.54%, 02/01/29 (Call 02/01/28), (1-day SOFR + 1.168%)^(a)		100		97,082
4.71%, 02/01/34 (Call 02/01/33), (1-day SOFR + 1.511%)^(a)		100		94,122
4.95%, 04/26/27 (Call 04/26/26), (1-day SOFR + 1.026%)^(a)		200		196,814
4.97%, 04/26/34, (1-day SOFR + 1.606%)^(a)		200		192,012


Security	Par (000)		Value

Banks (continued)
5.80%, 10/25/28 (Call 10/25/27), (1-day SOFR + 1.802%)^(a)	$	40	$	40,455
5.83%, 10/25/33 (Call 10/25/32), (1-day SOFR + 2.074%)^(a)		180		184,412
Series G, 3.00%, 02/24/25 (Call 01/24/25)		295		284,215
Series J, 1.90%, 01/25/29 (Call 11/25/28)		200		169,266
Bank of Nova Scotia (The) 1.05%, 03/02/26		1,110		995,281
1.30%, 06/11/25		1,322		1,224,516
1.30%, 09/15/26		300		265,671
1.45%, 01/10/25		100		94,576
1.95%, 02/02/27		295		263,801
2.15%, 08/01/31		1,900		1,510,823
2.20%, 02/03/25		965		919,413
2.45%, 02/02/32		200		162,142
2.70%, 08/03/26		1,276		1,185,583
3.45%, 04/11/25		800		772,712
4.50%, 12/16/25		1,256		1,217,315
4.75%, 02/02/26		100		98,252
4.85%, 02/01/30		100		96,744
5.25%, 06/12/28		120		118,930
5.45%, 06/12/25		120		119,386
Barclays PLC 2.28%, 11/24/27 (Call 11/24/26),
(1-year CMT + 1.050%)^(a)		440		390,883
2.65%, 06/24/31 (Call 06/24/30), (1-year CMT + 1.900%)^(a)		40		31,849
2.89%, 11/24/32 (Call 11/24/31), (1-year CMT + 1.300%)^(a)		285		222,172
3.56%, 09/23/35 (Call 09/23/30), (5-year CMT + 2.900%)^(a)		235		186,409
3.65%, 03/16/25		365		352,181
4.34%, 01/10/28 (Call 01/10/27)		150		141,413
4.38%, 09/11/24		35		34,235
4.38%, 01/12/26		440		424,129
4.84%, 05/09/28 (Call 05/07/27)		400		370,392
4.95%, 01/10/47		405		349,535
4.97%, 05/16/29 (Call 05/16/28), (3-mo. LIBOR US + 1.902%)^(a)		30		28,495
5.09%, 06/20/30 (Call 06/20/29),
(3-mo. LIBOR US + 3.054%)^(a)		315		288,376
5.20%, 05/12/26		330		320,453
5.25%, 08/17/45		60		53,747
5.30%, 08/09/26 (Call 08/09/25), (1-year CMT + 2.300%)^(a)		335		329,931
5.50%, 08/09/28 (Call 08/09/27), (1-year CMT + 2.650%)^(a)		330		321,704
5.83%, 05/09/27 (Call 05/09/26), (1-day SOFR + 2.210%)^(a)		400		396,524
6.22%, 05/09/34 (Call 05/09/33),
(1-day SOFR + 2.980%)^(a)		245		242,038
7.12%, 06/27/34 (Call 06/27/33),
(1-day SOFR + 3.570%)^(a)		400		399,252
7.33%, 11/02/26 (Call 11/02/25),
(1-year CMT + 3.050%)^(a)		200		204,500
7.39%, 11/02/28 (Call 11/02/27),
(1-year CMT + 3.300%)^(a)		200		208,248
7.44%, 11/02/33 (Call 11/02/32), (1-year CMT + 3.500%)^(a)		215		229,844
BNP Paribas SA, 4.25%, 10/15/24		245		239,801


Security	Par (000)		Value

Banks (continued)
BPCE SA, 3.38%, 12/02/26	$	835	$	778,554
Canadian Imperial Bank of Commerce 1.00%, 10/18/24		150		142,301
2.25%, 01/28/25		439		418,670
3.60%, 04/07/32 (Call 03/07/32)^(b)		60		53,413
3.95%, 08/04/25		200		193,774
5.00%, 04/28/28		150		146,922
5.14%, 04/28/25		140		138,867
5.61%, 07/17/26		75		75,182
Citigroup Inc. 2.01%, 01/25/26 (Call 01/25/25),
(1-day SOFR + 0.694%)^(a)		125		118,280
2.56%, 05/01/32 (Call 05/01/31),
(1-day SOFR + 1.167%)^(a)		45		36,200
2.57%, 06/03/31 (Call 06/03/30),
(1-day SOFR + 2.107%)^(a)		175		144,526
2.67%, 01/29/31 (Call 01/29/30),
(1-day SOFR + 1.146%)^(a)		302		252,825
2.98%, 11/05/30 (Call 11/05/29),
(1-day SOFR + 1.422%)^(a)		230		197,754
3.07%, 02/24/28 (Call 02/24/27),
(1-day SOFR + 1.280%)^(a)		20		18,366
3.11%, 04/08/26 (Call 04/08/25),
(1-day SOFR + 2.842%)^(a)		321		307,200
3.20%, 10/21/26 (Call 07/21/26)		170		158,535
3.30%, 04/27/25		185		178,721
3.40%, 05/01/26		150		141,948
3.52%, 10/27/28 (Call 10/27/27),
(3-mo. SOFR + 1.412%)^(a)		180		165,944
3.67%, 07/24/28 (Call 07/24/27),
(3-mo. SOFR + 1.652%)^(a)		165		153,463
3.70%, 01/12/26		387		371,029
3.79%, 03/17/33 (Call 03/17/32),
(1-day SOFR + 1.939%)^(a)		377		328,035
3.88%, 03/26/25		140		135,674
3.88%, 01/24/39 (Call 01/24/38),
(3-mo. SOFR + 1.430%)^(a)		345		282,997
3.89%, 01/10/28 (Call 01/10/27),
(3-mo. SOFR + 1.825%)^(a)		145		136,979
3.98%, 03/20/30 (Call 03/20/29),
(3-mo. SOFR + 1.600%)^(a)		275		253,096
4.08%, 04/23/29 (Call 04/23/28),
(3-mo. SOFR + 1.454%)^(a)		141		132,206
4.13%, 07/25/28		246		229,442
4.28%, 04/24/48 (Call 04/24/47),
(3-mo. SOFR + 2.101%)^(a)		159		132,840
4.30%, 11/20/26		195		187,104
4.40%, 06/10/25		210		204,767
4.41%, 03/31/31 (Call 03/31/30),
(1-day SOFR + 3.914%)^(a)		280		259,944
4.45%, 09/29/27		447		427,292
4.60%, 03/09/26		135		131,393
4.65%, 07/30/45		359		309,210
4.65%, 07/23/48 (Call 06/23/48)		530		459,611
4.66%, 05/24/28 (Call 05/24/27),
(1-day SOFR + 1.887%)^(a)		25		24,341
4.75%, 05/18/46		330		275,989
5.30%, 05/06/44		246		224,394
5.32%, 03/26/41 (Call 03/26/40),
(1-day SOFR + 4.548%)^(a)		245		232,566


Security	Par (000)		Value

Banks (continued)
5.50%, 09/13/25	$	388	$	385,870
5.88%, 02/22/33		56		55,819
5.88%, 01/30/42		270		274,225
6.00%, 10/31/33		112		112,726
6.17%, 05/25/34, (1-day SOFR + 2.661%)^(a)		355		354,205
6.27%, 11/17/33 (Call 11/17/32), (1-day SOFR + 2.338%)^(a)		10		10,422
6.63%, 01/15/28		118		124,502
6.63%, 06/15/32		322		335,537
6.68%, 09/13/43		186		195,456
8.13%, 07/15/39		484		603,204
Citizens Bank NA/Providence RI, 3.75%, 02/18/26 (Call 11/18/25)		295		274,424
Citizens Financial Group Inc. 2.50%, 02/06/30 (Call 11/06/29)		80		64,257
2.85%, 07/27/26 (Call 04/27/26)		147		133,282
3.25%, 04/30/30 (Call 01/30/30)^(b)		120		100,398
4.30%, 12/03/25 (Call 11/03/25)		190		179,478
5.64%, 05/21/37 (Call 05/21/32),
(5-year CMT + 2.750%)^(a)		60		52,943
Comerica Bank, 4.00%, 07/27/25		100		93,748
Comerica Inc., 4.00%, 02/01/29 (Call 11/03/28)		239		205,683
Cooperatieve Rabobank UA 3.75%, 07/21/26		290		272,313
4.38%, 08/04/25		165		159,941
5.25%, 05/24/41		231		235,126
5.25%, 08/04/45		117		107,036
5.75%, 12/01/43		212		207,308
Cooperatieve Rabobank UA/New York, 3.38%, 05/21/25		280		270,175
Credit Suisse AG, 7.95%, 01/09/25		250		255,175
Credit Suisse AG/New York 2.95%, 04/09/25		385		365,669
3.63%, 09/09/24		2,005		1,952,529
3.70%, 02/21/25		55		53,055
7.50%, 02/15/28		250		267,382
Deutsche Bank AG, 4.10%, 01/13/26		265		253,663
Deutsche Bank AG/New York NY 2.13%, 11/24/26 (Call 11/24/25),
(1-day SOFR + 1.870%)^(a)		200		181,398
2.31%, 11/16/27 (Call 11/16/26),
(1-day SOFR + 1.219%)^(a)		330		289,265
2.55%, 01/07/28 (Call 01/07/27),
(1-day SOFR + 1.318%)^(a)		385		339,916
3.04%, 05/28/32 (Call 05/28/31),
(1-day SOFR + 1.718%)^(a)		240		190,680
3.55%, 09/18/31 (Call 09/18/30),
(1-day SOFR + 3.043%)^(a)		615		514,921
3.96%, 11/26/25 (Call 11/26/24),
(1-day SOFR + 2.581%)^(a)		105		101,325
4.10%, 01/13/26		265		252,039
4.88%, 12/01/32 (Call 12/01/27),
(5-year USD ICE Swap + 2.553%)^(a)		355		310,881
6.72%, 01/18/29 (Call 01/18/28),
(1-day SOFR + 3.180%)^(a)		150		151,688
7.08%, 02/10/34 (Call 11/10/32),
(1-day SOFR + 3.650%)^(a)		240		228,221
7.15%, 07/13/27 (Call 07/13/26),
(1-day SOFR + 2.520%)^(a)		150		152,170


Security	Par (000)		Value

Banks (continued)
Discover Bank 2.70%, 02/06/30 (Call 11/06/29)	$	130	$	104,139
3.45%, 07/27/26 (Call 04/27/26)		150		137,375
4.65%, 09/13/28 (Call 06/13/28)		310		284,217
Fifth Third Bancorp.
6.36%, 10/27/28 (Call 10/27/27),
(1-day SOFR + 2.192%)^(a)		50		50,392
8.25%, 03/01/38		171		193,076
First Horizon Bank, 5.75%, 05/01/30 (Call 02/01/30)		25		23,197
Goldman Sachs Capital I, 6.35%, 02/15/34		185		186,014
Goldman Sachs Group Inc.,
0.86%, 02/12/26 (Call 02/12/25),
(1-day SOFR + 0.609%)^(a)		80		74,239
1.09%, 12/09/26 (Call 12/09/25),
(1-day SOFR + 0.789%)^(a)		65		58,338
1.54%, 09/10/27 (Call 09/10/26),
(1-day SOFR + 0.818%)^(a)		20		17,648
1.95%, 10/21/27 (Call 10/21/26),
(1-day SOFR + 0.913%)^(a)		85		75,635
1.99%, 01/27/32 (Call 01/27/31),
(1-day SOFR + 1.090%)^(a)		255		198,609
2.38%, 07/21/32 (Call 07/21/31),
(1-day SOFR + 1.248%)^(a)		210		165,751
2.60%, 02/07/30 (Call 11/07/29)		212		178,951
2.62%, 04/22/32 (Call 04/22/31),
(1-day SOFR + 1.281%)^(a)		367		297,086
2.64%, 02/24/28 (Call 02/24/27),
(1-day SOFR + 1.114%)^(a)		85		76,900
2.65%, 10/21/32 (Call 10/21/31),
(1-day SOFR + 1.264%)^(a)		125		100,300
2.91%, 07/21/42 (Call 07/21/41),
(1-day SOFR + 1.472%)^(a)		220		152,029
3.10%, 02/24/33 (Call 02/24/32),
(1-day SOFR + 1.410%)^(a)		460		382,775
3.21%, 04/22/42 (Call 04/22/41),
(1-day SOFR + 1.513%)^(a)		257		184,624
3.44%, 02/24/43 (Call 02/24/42),
(1-day SOFR + 1.632%)^(a)		190		140,036
3.50%, 04/01/25 (Call 03/01/25)		310		299,215
3.50%, 11/16/26 (Call 11/16/25)		428		402,324
3.69%, 06/05/28 (Call 06/05/27),
(3-mo. SOFR + 1.772%)^(a)		237		221,865
3.75%, 05/22/25 (Call 02/22/25)		293		283,143
3.75%, 02/25/26 (Call 11/25/25)		250		239,657
3.80%, 03/15/30 (Call 12/15/29)		143		130,130
3.81%, 04/23/29 (Call 04/23/28),
(3-mo. SOFR + 1.420%)^(a)		397		367,233
3.85%, 01/26/27 (Call 01/26/26)		462		438,415
4.02%, 10/31/38 (Call 10/31/37),
(3-mo. SOFR + 1.645%)^(a)		555		460,561
4.22%, 05/01/29 (Call 05/01/28),
(3-mo. SOFR + 1.563%)^(a)		445		418,865
4.25%, 10/21/25		305		295,719
4.41%, 04/23/39 (Call 04/23/38),
(3-mo. SOFR + 1.692%)^(a)		430		371,266
4.48%, 08/23/28 (Call 08/23/27),
(1-day SOFR + 1.725%)^(a)		200		192,426
4.75%, 10/21/45 (Call 04/21/45)		316		283,702
4.80%, 07/08/44 (Call 01/08/44)		515		458,839
5.15%, 05/22/45		129		118,653


Security	Par (000)		Value

Banks (continued)
5.80%, 08/10/26 (Call 08/10/25),
(1-day SOFR + 1.075%)^(a)	$	300	$	298,980
5.95%, 01/15/27		100		100,976
6.13%, 02/15/33		405		429,758
6.25%, 02/01/41		455		480,635
6.45%, 05/01/36		184		191,400
6.75%, 10/01/37		841		891,729
HSBC Bank USA NA/New York, 7.00%, 01/15/39		380		410,400
HSBC Holdings PLC
1.59%, 05/24/27 (Call 05/24/26), (1-day SOFR + 1.290%)^(a)		300		266,712
1.65%, 04/18/26 (Call 04/18/25),
(1-day SOFR + 1.538%)^(a)		60		55,881
2.10%, 06/04/26 (Call 06/04/25),
(1-day SOFR + 1.929%)^(a)		20		18,640
2.21%, 08/17/29 (Call 08/17/28),
(1-day SOFR + 1.285%)^(a)		75		62,818
2.25%, 11/22/27 (Call 11/22/26),
(1-day SOFR + 1.100%)^(a)		515		458,937
2.36%, 08/18/31 (Call 08/18/30),
(1-day SOFR + 1.947%)^(a)		65		51,542
2.63%, 11/07/25 (Call 11/07/24),
(3-mo. SOFR + 1.401%)^(a)		492		471,759
2.80%, 05/24/32 (Call 05/24/31),
(1-day SOFR + 1.187%)^(a)		195		155,713
2.87%, 11/22/32 (Call 11/22/31),
(1-day SOFR + 1.410%)^(a)		15		11,925
3.00%, 03/10/26 (Call 03/10/25),
(1-day SOFR + 1.430%)^(a)		80		76,350
3.90%, 05/25/26		5		4,762
3.97%, 05/22/30 (Call 05/22/29),
(3-mo. SOFR + 1.872%)^(a)		435		391,561
4.04%, 03/13/28 (Call 03/13/27),
(3-mo. SOFR + 1.808%)^(a)		400		375,432
4.25%, 08/18/25		360		347,101
4.29%, 09/12/26 (Call 09/12/25),
(3-mo. SOFR + 1.609%)^(a)		250		241,082
4.30%, 03/08/26		482		465,810
4.38%, 11/23/26		130		123,832
4.58%, 06/19/29 (Call 06/19/28),
(3-mo. SOFR + 1.796%)^(a)		380		358,701
4.76%, 06/09/28 (Call 06/09/27),
(1-day SOFR + 2.110%)^(a)		70		67,124
4.95%, 03/31/30		330		317,496
5.89%, 08/14/27 (Call 08/14/26),
(1-day SOFR + 1.570%)^(a)		400		398,780
6.10%, 01/14/42		465		486,892
6.16%, 03/09/29 (Call 03/09/28),
(1-day SOFR + 1.970%)^(a)		200		201,342
6.25%, 03/09/34 (Call 03/09/33),
(1-day SOFR + 2.390%)^(a)		370		374,014
6.33%, 03/09/44 (Call 03/09/43),
(1-day SOFR + 2.650%)^(a)		225		226,656
6.50%, 05/02/36		585		573,506
6.50%, 09/15/37		635		631,338
6.55%, 06/20/34 (Call 06/20/33),
(1-day SOFR + 2.980%)^(a)		200		195,712
6.80%, 06/01/38		345		345,866
7.34%, 11/03/26 (Call 11/03/25),
(1-day SOFR + 3.030%)^(a)		300		308,658


Security	Par (000)		Value

Banks (continued)
7.39%, 11/03/28 (Call 11/03/27),
(1-day SOFR + 3.350%)^(a)	$	215	$	225,838
8.11%, 11/03/33 (Call 11/03/32),
(1-day SOFR + 4.250%)^(a)		405		440,057
Huntington Bancshares Inc.
2.49%, 08/15/36 (Call 08/15/31),
(5-year CMT + 1.170%)^(a)		230		169,669
2.55%, 02/04/30 (Call 11/04/29)		494		402,941
4.44%, 08/04/28 (Call 08/04/27),
(1-day SOFR + 1.970%)^(a)		100		94,048
5.02%, 05/17/33 (Call 05/17/32),
(1-day SOFR + 2.050%)^(a)		107		99,058
Huntington National Bank (The),
4.55%, 05/17/28 (Call 05/17/27), (1-day SOFR + 1.650%)^(a)		45		42,584
ING Groep NV
2.73%, 04/01/32 (Call 04/01/31),
(1-day SOFR + 1.316%)^(a)		380		309,863
3.95%, 03/29/27		755		716,238
4.05%, 04/09/29		50		46,467
4.25%, 03/28/33 (Call 03/28/32),
(1-day SOFR + 2.070%)^(a)		110		98,893
4.55%, 10/02/28		210		201,434
JPMorgan Chase & Co.
1.47%, 09/22/27 (Call 09/22/26),
(1-day SOFR + 0.765%)^(a)		75		66,239
1.76%, 11/19/31 (Call 11/19/30),
(3-mo. SOFR + 1.105%)^(a)		25		19,539
1.95%, 02/04/32 (Call 02/04/31),
(1-day SOFR + 1.065%)^(a)		65		51,221
2.52%, 04/22/31 (Call 04/22/30),
(1-day SOFR + 2.040%)^(a)		180		150,874
2.55%, 11/08/32 (Call 11/08/31),
(1-day SOFR + 1.180%)^(a)		235		189,499
2.58%, 04/22/32 (Call 04/22/31),
(3-mo. SOFR + 1.250%)^(a)		112		91,644
2.74%, 10/15/30 (Call 10/15/29),
(3-mo. SOFR + 1.510%)^(a)		181		155,124
2.95%, 10/01/26 (Call 07/01/26)		227		211,991
2.96%, 05/13/31 (Call 05/13/30),
(3-mo. SOFR + 2.515%)^(a)		50		42,457
2.96%, 01/25/33 (Call 01/25/32),
(1-day SOFR + 1.260%)^(a)		405		335,721
3.11%, 04/22/41 (Call 04/22/40),
(3-mo. SOFR + 2.460%)^(a)		263		194,012
3.11%, 04/22/51 (Call 04/22/50),
(1-day SOFR + 2.440%)^(a)		523		354,207
3.20%, 06/15/26 (Call 03/15/26)		10		9,474
3.33%, 04/22/52 (Call 04/22/51),
(1-day SOFR + 1.580%)^(a)		535		375,800
3.51%, 01/23/29 (Call 01/23/28),
(3-mo. SOFR + 1.207%)^(a)		187		172,356
3.54%, 05/01/28 (Call 05/01/27),
(3-mo. SOFR + 1.642%)^(a)		175		163,415
3.63%, 12/01/27 (Call 12/01/26)		225		211,491
3.70%, 05/06/30 (Call 05/06/29),
(3-mo. SOFR + 1.422%)^(a)		520		474,536
3.78%, 02/01/28 (Call 02/01/27),
(3-mo. SOFR + 1.599%)^(a)		365		344,644
3.88%, 07/24/38 (Call 07/24/37),
(3-mo. SOFR + 1.622%)^(a)		323		272,492


Security	Par (000)		Value

Banks (continued)
3.90%, 01/23/49 (Call 01/23/48),
(3-mo. SOFR + 1.482%)^(a)	$	366	$	286,787
3.96%, 01/29/27 (Call 01/29/26),
(3-mo. SOFR + 1.507%)^(a)		240		230,830
3.96%, 11/15/48 (Call 11/15/47),
(3-mo. SOFR + 1.642%)^(a)		446		353,370
4.01%, 04/23/29 (Call 04/23/28),
(3-mo. SOFR + 1.382%)^(a)		182		170,636
4.03%, 07/24/48 (Call 07/24/47),
(3-mo. SOFR + 1.722%)^(a)		290		233,688
4.13%, 12/15/26		179		172,264
4.20%, 07/23/29 (Call 07/23/28),
(3-mo. SOFR + 1.522%)^(a)		190		179,400
4.25%, 10/01/27		95		91,869
4.26%, 02/22/48 (Call 02/22/47),
(3-mo. SOFR + 1.842%)^(a)		424		355,299
4.45%, 12/05/29 (Call 12/05/28),
(3-mo. SOFR + 1.592%)^(a)		389		370,705
4.49%, 03/24/31 (Call 03/24/30),
(3-mo. SOFR + 3.790%)^(a)		212		201,074
4.59%, 04/26/33 (Call 04/26/32),
(1-day SOFR + 1.800%)^(a)		422		394,612
4.85%, 02/01/44		236		221,373
4.91%, 07/25/33 (Call 07/25/32),
(1-day SOFR + 2.080%)^(a)		255		244,882
4.95%, 06/01/45		182		166,446
5.30%, 07/24/29, (1-day SOFR + 1.450%)^(a)		275		273,430
5.35%, 06/01/34, (1-day SOFR + 1.845%)^(a)		515		509,381
5.40%, 01/06/42		345		344,179
5.50%, 10/15/40		315		316,918
5.60%, 07/15/41		410		415,285
5.63%, 08/16/43		284		282,364
5.72%, 09/14/33 (Call 09/14/32),
(1-day SOFR + 2.580%)^(a)		375		374,869
6.40%, 05/15/38		400		439,928
7.63%, 10/15/26		120		127,565
7.75%, 07/15/25		60		62,394
8.75%, 09/01/30		35		41,804
KeyBank NA/Cleveland OH 3.90%, 04/13/29		32		26,201
6.95%, 02/01/28		30		29,529
KeyCorp
2.25%, 04/06/27		60		51,515
2.55%, 10/01/29		240		189,898
4.10%, 04/30/28		120		107,748
4.15%, 10/29/25		81		76,557
Kreditanstalt fuer Wiederaufbau 0.00%, 04/18/36^(c)		948		546,759
0.00%, 06/29/37^(c)		725		395,944
0.38%, 07/18/25		1,080		992,412
0.63%, 01/22/26		1,490		1,352,473
0.75%, 09/30/30		585		460,641
1.00%, 10/01/26		680		611,075
1.75%, 09/14/29		881		764,814
2.00%, 05/02/25		2,148		2,043,693
2.50%, 11/20/24		2,040		1,972,415
2.88%, 04/03/28		1,987		1,861,243
3.00%, 05/20/27		45		42,721
3.75%, 02/15/28		1,610		1,566,852


Security	Par (000)		Value

Banks (continued)
Lloyds Banking Group PLC
1.63%, 05/11/27 (Call 05/11/26), (1-year CMT + 0.850%)^(a)	$	165	$	147,337
2.44%, 02/05/26 (Call 02/05/25),
(1-year CMT + 1.000%)^(a)		170		161,226
3.57%, 11/07/28 (Call 11/07/27),
(3-mo. LIBOR US + 1.205%)^(a)		355		322,265
3.75%, 01/11/27		345		324,196
4.34%, 01/09/48		295		219,896
4.38%, 03/22/28		355		336,082
4.45%, 05/08/25		560		546,414
4.50%, 11/04/24		557		544,635
4.55%, 08/16/28		100		94,817
4.58%, 12/10/25		280		269,494
4.65%, 03/24/26		295		284,722
4.98%, 08/11/33 (Call 08/11/32),
(1-year CMT + 2.300%)^(a)		25		23,107
5.30%, 12/01/45		115		100,800
5.87%, 03/06/29 (Call 03/06/28),
(1-year CMT + 1.700%)^(a)		300		297,828
5.99%, 08/07/27 (Call 08/07/26),
(1-year CMT + 1.480%)^(a)		300		299,685
7.95%, 11/15/33 (Call 08/15/32),
(1-year CMT + 3.750%)^(a)		395		423,495
Mitsubishi UFJ Financial Group Inc.
1.64%, 10/13/27 (Call 10/13/26), (1-year CMT + 0.670%)^(a)		5		4,432
2.19%, 02/25/25		85		80,665
2.31%, 07/20/32 (Call 07/20/31), (1-year CMT + 0.950%)^(a)		105		83,047
2.76%, 09/13/26		335		308,907
3.20%, 07/18/29		215		190,032
3.29%, 07/25/27		170		157,969
3.68%, 02/22/27		60		57,106
3.74%, 03/07/29		130		120,293
3.75%, 07/18/39		85		70,135
3.78%, 03/02/25		141		136,888
3.85%, 03/01/26		300		288,006
3.96%, 03/02/28		55		52,357
4.05%, 09/11/28		70		66,450
4.15%, 03/07/39		129		112,181
4.29%, 07/26/38		100		88,460
5.24%, 04/19/29, (1-year CMT + 1.700%)^(a)		200		197,314
5.41%, 04/19/34, (1-year CMT + 1.970%)^(a)		10		9,858
5.42%, 02/22/29 (Call 02/22/28), (1-year CMT + 1.380%)^(a)		350		348,292
5.54%, 04/17/26 (Call 04/17/25), (1-year CMT + 1.500%)^(a)		200		199,022
5.72%, 02/20/26 (Call 02/20/25), (1-year CMT + 1.080%)^(a)		400		399,056
Mizuho Financial Group Inc.
1.55%, 07/09/27 (Call 07/09/26), (1-year CMT + 0.750%)^(a)		60		53,272
2.17%, 05/22/32 (Call 05/22/31), (1-year CMT + 0.870%)^(a)		30		23,199
2.23%, 05/25/26 (Call 05/25/25), (3-mo. SOFR + 1.092%)^(a)		115		107,537
2.56%, 09/13/31		310		241,161
2.59%, 05/25/31 (Call 05/25/30), (3-mo. SOFR + 1.332%)^(a)		107		87,807


Security	Par (000)		Value

Banks (continued)
2.65%, 05/22/26 (Call 05/22/25), (1-year CMT + 0.900%)^(a)	$	160	$	150,758
2.84%, 09/13/26		15		13,803
2.87%, 09/13/30 (Call 09/13/29),
(3-mo. SOFR + 1.572%)^(a)		25		21,227
3.15%, 07/16/30 (Call 07/16/29), (3-mo. SOFR + 1.392%)^(a)		227		196,321
3.17%, 09/11/27		10		9,160
3.66%, 02/28/27		45		42,387
4.02%, 03/05/28		170		160,273
4.25%, 09/11/29 (Call 09/11/28),
(3-mo. SOFR + 1.532%)^(a)		199		185,810
5.67%, 05/27/29 (Call 05/27/28),
(1-year CMT + 1.500%)^(a)		60		59,847
5.67%, 09/13/33 (Call 09/13/32), (1-year CMT + 2.400%)^(a)		220		218,024
5.75%, 05/27/34 (Call 05/27/33),
(1-year CMT + 1.800%)^(a)		10		9,937
5.75%, 07/06/34 (Call 07/06/33),
(1-year CMT + 1.900%)^(a)		200		198,090
5.78%, 07/06/29 (Call 07/06/28),
(1-year CMT + 1.650%)^(a)		225		225,265
Morgan Stanley
0.99%, 12/10/26 (Call 12/10/25), (1-day SOFR + 0.720%)^(a)		865		775,602
1.51%, 07/20/27 (Call 07/20/26),
(1-day SOFR + 0.858%)^(a)		45		39,947
1.59%, 05/04/27 (Call 05/04/26),
(1-day SOFR + 0.879%)^(a)		810		726,149
1.79%, 02/13/32 (Call 02/13/31), (1-day SOFR + 1.034%)^(a)		225		172,962
1.93%, 04/28/32 (Call 04/28/31),
(1-day SOFR + 1.020%)^(a)		110		84,798
2.19%, 04/28/26 (Call 04/28/25), (1-day SOFR + 1.990%)^(a)		662		624,160
2.24%, 07/21/32 (Call 07/21/31),
(1-day SOFR + 1.178%)^(a)		325		254,982
2.48%, 01/21/28 (Call 01/21/27), (1-day SOFR + 1.000%)^(a)		10		9,020
2.48%, 09/16/36 (Call 09/16/31),
(1-day SOFR + 1.360%)^(a)		380		286,296
2.51%, 10/20/32 (Call 10/20/31),
(1-day SOFR + 1.200%)^(a)		235		187,246
2.63%, 02/18/26 (Call 02/18/25),
(1-day SOFR + 0.940%)^(a)		250		238,182
2.70%, 01/22/31 (Call 01/22/30), (1-day SOFR + 1.143%)^(a)		352		296,451
2.80%, 01/25/52 (Call 01/25/51), (1-day SOFR + 1.430%)^(a)		310		196,295
2.94%, 01/21/33 (Call 01/21/32), (1-day SOFR + 1.290%)^(a)		115		94,306
3.13%, 07/27/26		240		224,654
3.59%, 07/22/28 (Call 07/22/27), (3-mo. LIBOR US + 1.340%)^(a)		427		394,873
3.62%, 04/01/31 (Call 04/01/30), (1-day SOFR + 3.120%)^(a)		359		319,094
3.63%, 01/20/27		295		278,672
3.70%, 10/23/24		395		386,507
3.77%, 01/24/29 (Call 01/24/28), (3-mo. SOFR + 1.402%)^(a)		434		402,383


Security	Par (000)		Value

Banks (continued)
3.88%, 01/27/26	$	270	$	259,832
3.95%, 04/23/27		445		419,448
3.97%, 07/22/38 (Call 07/22/37), (3-mo. LIBOR US + 1.455%)^(a)		720		600,120
4.00%, 07/23/25		191		185,335
4.30%, 01/27/45		575		488,784
4.35%, 09/08/26		365		351,484
4.38%, 01/22/47		462		395,236
4.43%, 01/23/30 (Call 01/23/29), (3-mo. SOFR + 1.890%)^(a)		192		182,204
4.46%, 04/22/39 (Call 04/22/38),
(3-mo. SOFR + 1.693%)^(a)		310		273,051
4.68%, 07/17/26 (Call 07/17/25),
(1-day SOFR + 1.669%)^(a)		85		83,211
4.89%, 07/20/33 (Call 07/20/32),
(1-day SOFR + 2.076%)^(a)		45		42,570
5.00%, 11/24/25		321		316,012
5.05%, 01/28/27 (Call 01/28/26),
(1-day SOFR + 1.295%)^(a)		195		192,954
5.12%, 02/01/29 (Call 02/01/28),
(1-day SOFR + 1.730%)^(a)		105		102,863
5.16%, 04/20/29 (Call 04/20/28), (1-day SOFR + 1.590%)^(a)		335		328,601
5.25%, 04/21/34, (1-day SOFR + 1.870%)^(a)		280		271,790
5.30%, 04/20/37 (Call 04/20/32),
(1-day SOFR + 2.620%)^(a)		320		297,840
5.42%, 07/21/34 (Call 07/21/33),
(1-day SOFR + 1.880%)^(a)		300		294,828
5.45%, 07/20/29 (Call 07/20/28),
(1-day SOFR + 1.630%)^(a)		80		79,523
5.60%, 03/24/51 (Call 03/24/50),
(1-day SOFR + 4.480%)^(a)		478		480,466
5.95%, 01/19/38 (Call 01/19/33),
(5-year CMT + 2.430%)^(a)		290		282,205
6.25%, 08/09/26		465		474,951
6.34%, 10/18/33 (Call 10/18/32),
(1-day SOFR + 2.560%)^(a)		285		298,592
6.38%, 07/24/42		451		491,861
7.25%, 04/01/32		574		652,684
Series I, 0.86%, 10/21/25 (Call 10/21/24), (1-day SOFR + 0.745%)^(a)		15		14,115
Morgan Stanley Bank NA 4.75%, 04/21/26		250		246,920
5.48%, 07/16/25		250		250,512
National Australia Bank Ltd./New York 2.50%, 07/12/26		332		308,471
3.38%, 01/14/26		100		95,862
4.90%, 06/13/28		250		246,995
4.94%, 01/12/28		250		248,120
4.97%, 01/12/26		250		248,402
National Bank of Canada, 3.75%, 06/09/25
(Call 06/09/24), (1-day SOFR + 1.009%)^(a)		3,000		2,942,070
NatWest Group PLC
1.64%, 06/14/27 (Call 06/14/26), (1-year CMT + 0.900%)^(a)		20		17,764
3.03%, 11/28/35 (Call 08/28/30), (5-year CMT + 2.350%)^(a)		390		301,119
3.75%, 11/01/29 (Call 11/01/24), (5-year CMT + 2.100%)^(a)		510		485,765


Security	Par (000)		Value

Banks (continued)
4.45%, 05/08/30 (Call 05/08/29), (3-mo. LIBOR US + 1.871%)^(a)	$	484	$	444,549
4.80%, 04/05/26		630		613,538
4.89%, 05/18/29 (Call 05/18/28),
(3-mo. LIBOR US + 1.754%)^(a)		285		271,505
5.08%, 01/27/30 (Call 01/27/29),
(3-mo. LIBOR US + 1.905%)^(a)		600		571,608
5.81%, 09/13/29 (Call 09/13/28),
(1-year CMT + 1.950%)^(a)		200		198,296
6.02%, 03/02/34 (Call 03/02/33), (1-year CMT + 2.100%)^(a)		300		298,209
7.47%, 11/10/26 (Call 11/10/25),
(1-year CMT + 2.850%)^(a)		300		308,862
Northern Trust Corp. 3.15%, 05/03/29 (Call 02/03/29)		746		677,816
3.38%, 05/08/32 (Call 05/08/27), (3-mo. LIBOR US + 1.131%)^(a)		1,020		909,952
3.65%, 08/03/28 (Call 05/03/28)		359		338,296
3.95%, 10/30/25		575		556,450
6.13%, 11/02/32 (Call 08/02/32)		130		132,718
PNC Bank NA
2.70%, 10/22/29		250		209,672
2.95%, 02/23/25 (Call 01/24/25)		285		273,549
3.10%, 10/25/27 (Call 09/25/27)		550		501,891
3.25%, 01/22/28 (Call 12/23/27)		95		86,924
3.30%, 10/30/24 (Call 09/30/24)		20		19,432
3.88%, 04/10/25 (Call 03/10/25)		920		889,566
4.05%, 07/26/28		230		212,421
4.20%, 11/01/25 (Call 10/02/25)		15		14,447
PNC Financial Services Group Inc. (The) 1.15%, 08/13/26 (Call 07/13/26)		50		44,362
2.20%, 11/01/24 (Call 10/02/24)		242		232,235
2.55%, 01/22/30 (Call 10/24/29)		305		255,846
2.60%, 07/23/26 (Call 05/23/26)		386		358,609
3.15%, 05/19/27 (Call 04/19/27)		340		314,782
3.45%, 04/23/29 (Call 01/23/29)		563		507,528
4.76%, 01/26/27 (Call 01/26/26), (1-day SOFR + 1.085%)^(a)		95		93,220
5.07%, 01/24/34 (Call 01/24/33),
(1-day SOFR + 1.933%)^(a)		230		218,031
5.35%, 12/02/28 (Call 12/02/27), (1-day SOFR + 1.630%)^(a)		150		147,560
5.58%, 06/12/29, (1-day SOFR + 1.841%)^(a)		206		204,268
5.81%, 06/12/26 (Call 06/12/25), (1-day SOFR + 1.322%)^(a)		166		165,827
5.94%, 08/18/34, (1-day SOFR + 1.946%)^(a)		75		75,881
6.04%, 10/28/33 (Call 10/28/32), (1-day SOFR + 2.140%)^(a)		180		182,909
Regions Bank/Birmingham AL, 6.45%, 06/26/37		178		174,981
Regions Financial Corp. 1.80%, 08/12/28 (Call 06/12/28)		135		111,923
7.38%, 12/10/37		178		188,566
Royal Bank of Canada 0.75%, 10/07/24		50		47,392
1.40%, 11/02/26		115		101,859
2.05%, 01/21/27		30		27,007
2.25%, 11/01/24		375		360,536
3.38%, 04/14/25		100		96,737
3.63%, 05/04/27		170		160,262
3.88%, 05/04/32		115		104,314


Security	Par (000)		Value

Banks (continued)
4.24%, 08/03/27	$	220	$	211,576
4.65%, 01/27/26		315		309,226
4.88%, 01/12/26		100		98,767
4.90%, 01/12/28		210		206,898
4.95%, 04/25/25		300		296,661
5.00%, 02/01/33		270		261,711
5.00%, 05/02/33		315		304,737
5.20%, 07/20/26		175		174,244
5.20%, 08/01/28		210		208,715
5.66%, 10/25/24		50		49,991
6.00%, 11/01/27		125		127,916
Santander Holdings USA Inc.
2.49%, 01/06/28 (Call 01/06/27), (1-day SOFR + 1.249%)^(a)		245		214,720
3.24%, 10/05/26 (Call 08/05/26)		516		472,579
4.40%, 07/13/27 (Call 04/14/27)		947		896,648
4.50%, 07/17/25 (Call 04/17/25)		692		675,108
5.81%, 09/09/26 (Call 09/09/25), (1-day SOFR + 2.328%)^(a)		300		296,637
6.50%, 03/09/29 (Call 03/09/28),
(1-day SOFR + 2.356%)^(a)		140		139,370
6.57%, 06/12/29 (Call 06/12/28),
(1-day SOFR + 2.700%)^(a)		62		61,719
Santander UK Group Holdings PLC
1.53%, 08/21/26 (Call 08/21/25), (1-year CMT + 1.250%)^(a)		10		9,068
1.67%, 06/14/27 (Call 06/14/26),
(1-day SOFR + 0.989%)^(a)		125		109,968
2.47%, 01/11/28 (Call 01/11/27),
(1-day SOFR + 1.220%)^(a)		305		268,339
2.90%, 03/15/32 (Call 03/15/31),
(1-day SOFR + 1.475%)^(a)		65		51,953
3.82%, 11/03/28 (Call 11/03/27),
(3-mo. LIBOR US + 1.400%)^(a)		160		144,342
6.53%, 01/10/29 (Call 01/10/28), (1-day SOFR + 2.600%)^(a)		200		201,546
State Street Corp.
1.68%, 11/18/27 (Call 11/18/26), (1-day SOFR + 0.560%)^(a)		105		94,140
2.20%, 02/07/28 (Call 02/07/27),
(1-day SOFR + 0.730%)^(a)		50		45,385
2.35%, 11/01/25 (Call 11/01/24), (1-day SOFR + 0.940%)^(a)		420		403,234
2.40%, 01/24/30		405		345,894
2.62%, 02/07/33 (Call 02/07/32), (1-day SOFR + 1.002%)^(a)		50		41,008
2.65%, 05/19/26		343		322,602
3.03%, 11/01/34 (Call 11/01/29), (1-day SOFR + 1.490%)^(a)		808		695,025
3.55%, 08/18/25		1,238		1,194,979
4.14%, 12/03/29 (Call 12/03/28), (3-mo. SOFR + 1.292%)^(a)		187		179,150
4.16%, 08/04/33 (Call 08/04/32),
(1-day SOFR + 1.726%)^(a)		25		22,740
4.82%, 01/26/34 (Call 01/26/33), (1-day SOFR + 1.567%)^(a)		135		128,072
5.10%, 05/18/26 (Call 05/18/25),
(1-day SOFR + 1.130%)^(a)		160		158,584
5.16%, 05/18/34, (1-day SOFR + 1.890%)^(a)		160		155,314
5.27%, 08/03/26 (Call 07/03/26)		200		200,060


Security	Par (000)		Value

Banks (continued)
5.75%, 11/04/26 (Call 11/04/25),
(1-day SOFR + 1.353%)^(a)	$	55	$	55,068
5.82%, 11/04/28 (Call 11/04/27), (1-day SOFR + 1.715%)^(a)		60		60,912
Sumitomo Mitsui Financial Group Inc.
1.40%, 09/17/26		5		4,426
1.90%, 09/17/28		40		33,611
2.14%, 09/23/30		15		11,849
2.35%, 01/15/25		70		66,837
2.45%, 09/27/24		140		135,122
2.63%, 07/14/26		210		193,763
2.72%, 09/27/29		85		72,478
2.75%, 01/15/30		115		97,778
3.01%, 10/19/26		250		231,697
3.04%, 07/16/29		230		200,732
3.20%, 09/17/29		172		150,493
3.35%, 10/18/27		252		231,764
3.36%, 07/12/27		228		211,463
3.45%, 01/11/27		242		226,512
3.54%, 01/17/28		100		92,295
3.78%, 03/09/26		300		287,268
3.94%, 07/19/28		165		154,217
4.31%, 10/16/28		133		126,141
5.52%, 01/13/28		25		24,962
5.77%, 01/13/33		30		30,353
5.78%, 07/13/33		200		202,432
5.80%, 07/13/28		200		202,444
5.85%, 07/13/30		200		202,104
5.88%, 07/13/26		200		201,512
Synchrony Bank, 5.40%, 08/22/25 (Call 07/22/25)		10		9,664
Synchrony Financial, 5.63%, 08/23/27 (Call 07/23/27)		160		151,534
Toronto-Dominion Bank (The) 1.25%, 12/13/24		50		47,293
1.45%, 01/10/25		200		189,518
1.95%, 01/12/27		200		179,644
2.45%, 01/12/32		160		129,344
2.80%, 03/10/27		100		91,706
3.63%, 09/15/31 (Call 09/15/26), (5-year USD Swap + 2.205%)^(a)		956		892,273
4.29%, 09/13/24		200		197,024
4.46%, 06/08/32		30		27,959
4.69%, 09/15/27		200		194,902
5.16%, 01/10/28		20		19,811
5.52%, 07/17/28		180		180,734
Truist Bank 1.50%, 03/10/25 (Call 02/10/25)		25		23,319
2.25%, 03/11/30 (Call 12/11/29)		370		293,599
2.64%, 09/17/29 (Call 09/17/24), (5-year CMT + 1.150%)^(a)		110		102,299
3.30%, 05/15/26 (Call 04/15/26)		165		153,191
3.63%, 09/16/25 (Call 08/16/25)		35		33,171
4.05%, 11/03/25 (Call 09/03/25)		85		81,647
Truist Financial Corp.
1.27%, 03/02/27 (Call 03/02/26), (1-day SOFR + 0.609%)^(a)		55		49,062
3.70%, 06/05/25 (Call 05/05/25)		110		106,006
3.88%, 03/19/29 (Call 02/16/29)		70		62,581
4.00%, 05/01/25 (Call 03/01/25)		133		128,885
4.12%, 06/06/28 (Call 06/06/27), (1-day SOFR + 1.368%)^(a)		65		61,306


Security	Par (000)		Value

Banks (continued)
4.26%, 07/28/26 (Call 07/28/25), (1-day SOFR + 1.456%)^(a)	$	50	$	48,292
4.87%, 01/26/29 (Call 01/26/28), (1-day SOFR + 1.435%)^(a)		130		124,638
4.92%, 07/28/33 (Call 07/28/32), (1-day SOFR + 2.240%)^(a)		65		57,978
5.12%, 01/26/34 (Call 01/26/33), (1-day SOFR + 1.852%)^(a)		70		65,632
5.87%, 06/08/34, (1-day SOFR + 2.361%)^(a)		75		74,368
6.05%, 06/08/27, (1-day SOFR + 2.050%)^(a)		125		124,923
U.S. Bancorp
2.49%, 11/03/36 (Call 11/03/31), (5-year CMT + 0.950%)^(a)		45		33,147
4.84%, 02/01/34 (Call 02/01/33),
(1-day SOFR + 1.600%)^(a)		40		37,100
4.97%, 07/22/33 (Call 07/22/32),
(1-day SOFR + 2.110%)^(a)		30		27,336
5.84%, 06/12/34 (Call 06/10/33),
(1-day SOFR + 2.260%)^(a)		108		107,734
5.85%, 10/21/33 (Call 10/21/32),
(1-day SOFR + 2.090%)^(a)		10		9,951
UBS Group AG 3.75%, 03/26/25		935		902,901
4.55%, 04/17/26		345		333,870
4.88%, 05/15/45		235		208,990
Webster Financial Corp., 4.10%, 03/25/29
(Call 12/25/28)		139		121,507
Wells Fargo & Co. 3.07%, 04/30/41 (Call 04/30/40),
(1-day SOFR + 2.530%)^(a)		155		110,966
3.35%, 03/02/33 (Call 03/02/32),
(1-day SOFR + 1.500%)^(a)		15		12,637
3.90%, 05/01/45		85		66,519
4.40%, 06/14/46		165		130,810
4.61%, 04/25/53 (Call 04/25/52), (1-day SOFR + 2.130%)^(a)		710		600,355
4.65%, 11/04/44		35		28,944
4.75%, 12/07/46		175		145,196
4.90%, 07/25/33 (Call 07/25/32),
(1-day SOFR + 2.100%)^(a)		340		319,899
4.90%, 11/17/45		525		450,319
5.01%, 04/04/51 (Call 04/04/50),
(3-mo. SOFR + 4.502%)^(a)		990		892,990
5.38%, 11/02/43		115		105,826
5.39%, 04/24/34, (1-day SOFR + 2.020%)^(a)		405		394,547
5.56%, 07/25/34 (Call 07/25/33), (1-day SOFR + 1.990%)^(a)		195		192,461
5.61%, 01/15/44		495		466,117
5.95%, 12/01/86		70		68,370
Westpac Banking Corp. 2.35%, 02/19/25		56		53,723
2.67%, 11/15/35 (Call 11/15/30),
(5-year CMT + 1.750%)^(a)		160		122,950
2.70%, 08/19/26		300		279,909
2.89%, 02/04/30 (Call 02/04/25), (5-year CMT + 1.350%)^(a)		490		462,805
3.02%, 11/18/36 (Call 11/18/31), (5-year CMT + 1.530%)^(a)		285		217,908
3.35%, 03/08/27		238		224,691
3.40%, 01/25/28		252		237,019


Security	Par (000)		Value

Banks (continued)
4.11%, 07/24/34 (Call 07/24/29), (5-year CMT + 2.000%)^(a)	$	379	$	332,345
4.32%, 11/23/31 (Call 11/23/26), (5-year USD ICE Swap + 2.236%)^(a)		334		311,782
5.41%, 08/10/33 (Call 08/10/32), (1-year CMT + 2.680%)^(a)		75		70,592
Wintrust Financial Corp., 4.85%, 06/06/29		25		22,257

				177,389,043

Beverages — 1.2%
Anheuser-Busch Companies LLC/Anheuser-Busch InBev Worldwide Inc. 4.70%, 02/01/36 (Call 08/01/35)		647		619,185
4.90%, 02/01/46 (Call 08/01/45)		1,135		1,054,948
Anheuser-Busch InBev Finance Inc. 4.63%, 02/01/44		180		163,463
4.70%, 02/01/36 (Call 08/01/35)		486		466,093
4.90%, 02/01/46 (Call 08/01/45)		188		174,039
Anheuser-Busch InBev Worldwide Inc. 3.50%, 06/01/30 (Call 03/01/30)		380		349,490
3.65%, 02/01/26 (Call 11/01/25)		886		856,186
4.00%, 04/13/28 (Call 01/13/28)		579		557,467
4.35%, 06/01/40 (Call 12/01/39)		180		161,037
4.38%, 04/15/38 (Call 10/15/37)		319		291,489
4.44%, 10/06/48 (Call 04/06/48)		435		380,542
4.50%, 06/01/50 (Call 12/01/49)		25		22,256
4.60%, 04/15/48 (Call 10/15/47)		570		512,960
4.60%, 06/01/60 (Call 12/01/59)		10		8,712
4.75%, 01/23/29 (Call 10/23/28)		542		537,068
4.75%, 04/15/58 (Call 10/15/57)		15		13,420
4.90%, 01/23/31 (Call 10/23/30)		328		329,069
4.95%, 01/15/42		347		330,684
5.45%, 01/23/39 (Call 07/23/38)		403		408,940
5.55%, 01/23/49 (Call 07/23/48)		418		428,015
5.80%, 01/23/59 (Call 07/23/58)		233		244,277
5.88%, 06/15/35		40		42,385
8.00%, 11/15/39		59		73,118
8.20%, 01/15/39		285		364,424
Brown-Forman Corp. 3.50%, 04/15/25 (Call 02/15/25)		237		230,061
4.00%, 04/15/38 (Call 10/15/37)		58		50,064
4.50%, 07/15/45 (Call 01/15/45)		159		142,489
Coca-Cola Co. (The) 1.00%, 03/15/28		75		64,208
1.38%, 03/15/31		460		362,940
1.65%, 06/01/30		436		359,107
2.00%, 03/05/31		175		145,434
2.13%, 09/06/29		605		528,147
2.25%, 01/05/32		65		54,515
2.50%, 06/01/40		322		232,162
2.50%, 03/15/51		230		148,511
2.60%, 06/01/50		378		250,550
2.75%, 06/01/60		89		57,743
2.90%, 05/25/27		175		164,519
3.00%, 03/05/51		270		194,713
3.38%, 03/25/27		485		464,252
3.45%, 03/25/30		707		657,022
4.20%, 03/25/50		285		256,138
Coca-Cola Femsa SAB de CV, 5.25%, 11/26/43		215		207,871
Constellation Brands Inc. 3.75%, 05/01/50 (Call 11/01/49)		76		57,543


Security	Par (000)		Value

Beverages (continued)
4.10%, 02/15/48 (Call 08/15/47)	$	50	$	39,689
4.50%, 05/09/47 (Call 11/09/46)		92		76,958
4.90%, 05/01/33		60		57,833
5.25%, 11/15/48 (Call 05/15/48)		86		80,225
Diageo Capital PLC 1.38%, 09/29/25 (Call 08/29/25)		715		660,152
2.00%, 04/29/30 (Call 01/29/30)		1,935		1,613,693
2.13%, 10/24/24 (Call 09/24/24)		5,465		5,259,407
2.13%, 04/29/32 (Call 01/29/32)		1,485		1,193,747
2.38%, 10/24/29 (Call 07/24/29)		2,130		1,840,341
3.88%, 05/18/28 (Call 02/18/28)		640		615,763
5.20%, 10/24/25		1,000		1,000,250
5.30%, 10/24/27 (Call 09/24/27)		1,000		1,012,650
Diageo Investment Corp. 4.25%, 05/11/42		145		126,885
7.45%, 04/15/35		274		327,657
Keurig Dr Pepper Inc. 2.55%, 09/15/26 (Call 06/15/26)		163		150,456
3.20%, 05/01/30 (Call 02/01/30)		149		131,776
3.40%, 11/15/25 (Call 08/15/25)		260		248,690
3.43%, 06/15/27 (Call 03/15/27)		243		228,158
3.80%, 05/01/50 (Call 11/01/49)		177		134,037
3.95%, 04/15/29 (Call 02/15/29)		50		47,090
4.05%, 04/15/32 (Call 01/15/32)		170		155,688
4.42%, 05/25/25 (Call 03/25/25)		281		275,456
4.42%, 12/15/46 (Call 06/15/46)		215		178,452
4.50%, 11/15/45 (Call 05/15/45)		34		28,973
4.50%, 04/15/52 (Call 10/15/51)		300		254,967
4.60%, 05/25/28 (Call 02/25/28)		170		165,855
Molson Coors Beverage Co. 3.00%, 07/15/26 (Call 04/15/26)		1,475		1,382,060
4.20%, 07/15/46 (Call 01/15/46)		305		241,496
5.00%, 05/01/42		242		218,579
PepsiCo Inc. 1.95%, 10/21/31 (Call 07/21/31)		50		40,765
2.25%, 03/19/25 (Call 02/19/25)		985		942,793
2.38%, 10/06/26 (Call 07/06/26)		624		584,314
2.63%, 03/19/27 (Call 01/19/27)		541		504,136
2.63%, 07/29/29 (Call 04/29/29)		495		443,297
2.63%, 10/21/41 (Call 04/21/41)		25		18,135
2.75%, 04/30/25 (Call 01/30/25)		792		761,651
2.75%, 03/19/30 (Call 12/19/29)		454		403,874
2.85%, 02/24/26 (Call 11/24/25)		430		409,459
2.88%, 10/15/49 (Call 04/15/49)		105		74,325
3.00%, 10/15/27 (Call 07/15/27)		684		642,591
3.38%, 07/29/49 (Call 01/29/49)		95		73,251
3.45%, 10/06/46 (Call 04/06/46)		379		301,260
3.50%, 07/17/25 (Call 04/17/25)		225		218,655
3.50%, 03/19/40 (Call 09/19/39)		70		57,455
3.60%, 02/18/28 (Call 01/18/28)		50		47,896
3.60%, 08/13/42		75		62,489
3.63%, 03/19/50 (Call 09/19/49)		241		193,909
3.88%, 03/19/60 (Call 09/19/59)		35		28,659
3.90%, 07/18/32 (Call 04/18/32)		70		66,354
4.00%, 03/05/42		155		134,323
4.00%, 05/02/47 (Call 11/02/46)		110		96,999
4.20%, 07/18/52 (Call 01/18/52)		25		22,218
4.45%, 05/15/28 (Call 04/15/28)		100		99,591
4.45%, 02/15/33 (Call 11/15/32)^(b)		100		99,472
4.45%, 04/14/46 (Call 10/14/45)		135		125,677


Security	Par (000)		Value

Beverages (continued)
4.55%, 02/13/26 (Call 01/13/26)	$	100	$	99,406
4.65%, 02/15/53 (Call 08/15/52)		100		95,632
4.88%, 11/01/40		150		146,984
7.00%, 03/01/29		175		194,722

				37,754,531

Biotechnology — 0.5%
Amgen Inc. 1.90%, 02/21/25 (Call 01/21/25)		721		685,570
2.20%, 02/21/27 (Call 12/21/26)		389		353,445
2.30%, 02/25/31 (Call 11/25/30)		320		263,997
2.45%, 02/21/30 (Call 11/21/29)		581		494,053
2.60%, 08/19/26 (Call 05/19/26)		332		308,670
2.77%, 09/01/53 (Call 03/01/53)		180		107,645
3.00%, 01/15/52 (Call 07/15/51)^(b)		255		165,707
3.13%, 05/01/25 (Call 02/01/25)		266		255,799
3.15%, 02/21/40 (Call 08/21/39)		215		160,347
3.20%, 11/02/27 (Call 08/02/27)		347		322,425
3.38%, 02/21/50 (Call 08/21/49)		265		185,532
4.05%, 08/18/29 (Call 06/18/29)		300		283,320
4.20%, 03/01/33 (Call 12/01/32)		310		284,949
4.20%, 02/22/52 (Call 08/22/51)		15		11,937
4.40%, 05/01/45 (Call 11/01/44)		365		306,385
4.40%, 02/22/62 (Call 08/22/61)		55		43,541
4.56%, 06/15/48 (Call 12/15/47)		289		246,323
4.66%, 06/15/51 (Call 12/15/50)		213		183,008
4.88%, 03/01/53 (Call 09/01/52)		140		123,955
4.95%, 10/01/41		115		105,055
5.15%, 03/02/28 (Call 02/02/28)		665		664,195
5.15%, 11/15/41 (Call 05/15/41)		157		146,801
5.25%, 03/02/25		670		667,159
5.25%, 03/02/30 (Call 01/02/30)		690		690,345
5.25%, 03/02/33 (Call 12/02/32)		880		875,002
5.60%, 03/02/43 (Call 09/02/42)		660		647,823
5.65%, 06/15/42 (Call 12/15/41)		50		49,113
5.65%, 03/02/53 (Call 09/02/52)		625		619,594
5.75%, 03/02/63 (Call 09/02/62)		255		251,535
6.38%, 06/01/37		70		74,549
6.40%, 02/01/39		155		165,216
Baxalta Inc., 5.25%, 06/23/45 (Call 12/23/44)		250		236,138
Biogen Inc. 2.25%, 05/01/30 (Call 02/01/30)		425		349,558
3.15%, 05/01/50 (Call 11/01/49)		372		242,793
3.25%, 02/15/51 (Call 08/15/50)		120		79,760
4.05%, 09/15/25 (Call 06/15/25)		922		894,285
5.20%, 09/15/45 (Call 03/15/45)		257		241,220
Gilead Sciences Inc.
1.20%, 10/01/27 (Call 08/01/27)		25		21,496
1.65%, 10/01/30 (Call 07/01/30)		410		329,435
2.80%, 10/01/50 (Call 04/01/50)		236		151,488
2.95%, 03/01/27 (Call 12/01/26)		653		608,472
3.50%, 02/01/25 (Call 11/01/24)		724		704,698
3.65%, 03/01/26 (Call 12/01/25)		635		610,705
4.00%, 09/01/36 (Call 03/01/36)		209		184,842
4.15%, 03/01/47 (Call 09/01/46)		350		292,397
4.50%, 02/01/45 (Call 08/01/44)		330		289,776
4.60%, 09/01/35 (Call 03/01/35)		390		370,391
4.75%, 03/01/46 (Call 09/01/45)		356		324,871
4.80%, 04/01/44 (Call 10/01/43)		433		398,092
5.65%, 12/01/41 (Call 06/01/41)		245		250,032
Illumina Inc., 2.55%, 03/23/31 (Call 12/23/30)		170		136,233


Security	Par (000)		Value

Biotechnology (continued)
Regeneron Pharmaceuticals Inc., 2.80%, 09/15/50 (Call 03/15/50)	$	174	$	108,054

				16,567,731

Building Materials — 0.4%
Carrier Global Corp. 2.70%, 02/15/31 (Call 11/15/30)		280		234,786
2.72%, 02/15/30 (Call 11/15/29)		460		394,248
3.38%, 04/05/40 (Call 10/05/39)		280		210,403
3.58%, 04/05/50 (Call 10/05/49)		300		214,446
Fortune Brands Home & Security Inc. 3.25%, 09/15/29 (Call 06/15/29)		342		301,251
4.00%, 06/15/25 (Call 03/15/25)		892		862,939
4.00%, 03/25/32 (Call 12/25/31)		695		611,572
4.50%, 03/25/52 (Call 09/25/51)		135		103,866
Fortune Brands Innovations Inc., 5.88%, 06/01/33		82		81,735
Johnson Controls International PLC 3.90%, 02/14/26 (Call 11/14/25)		1,005		967,875
4.50%, 02/15/47 (Call 08/15/46)		167		140,893
4.63%, 07/02/44 (Call 01/02/44)		150		129,193
4.95%, 07/02/64 (Call 01/02/64)^(d)		50		42,998
5.13%, 09/14/45 (Call 03/14/45)		73		67,567
6.00%, 01/15/36		300		308,604
Johnson Controls International PLC/Tyco Fire & Security Finance SCA
1.75%, 09/15/30 (Call 06/15/30)		905		724,643
2.00%, 09/16/31 (Call 06/16/31)		380		299,440
Lafarge SA, 7.13%, 07/15/36		48		52,512
Martin Marietta Materials Inc. 3.20%, 07/15/51 (Call 01/15/51)		55		36,818
4.25%, 12/15/47 (Call 06/15/47)		87		70,637
Masco Corp. 3.50%, 11/15/27 (Call 08/15/27)		111		103,184
4.50%, 05/15/47 (Call 11/15/46)		175		137,270
Mohawk Industries Inc., 3.63%, 05/15/30 (Call 02/15/30)^(b)		50		44,936
Owens Corning 3.40%, 08/15/26 (Call 05/15/26)		728		687,669
3.95%, 08/15/29 (Call 05/15/29)		151		140,521
4.20%, 12/01/24 (Call 09/01/24)		820		803,534
4.30%, 07/15/47 (Call 01/15/47)		170		136,583
4.40%, 01/30/48 (Call 07/30/47)		60		48,679
7.00%, 12/01/36		51		56,047
Trane Technologies Financing Ltd., 5.25%, 03/03/33 (Call 12/03/32)		690		688,848
Trane Technologies Global Holding Co. Ltd. 3.75%, 08/21/28 (Call 05/21/28)		1,095		1,028,008
4.30%, 02/21/48 (Call 08/21/47)		80		66,048
5.75%, 06/15/43		144		143,683
Trane Technologies Luxembourg Finance SA 3.50%, 03/21/26 (Call 01/21/26)		592		566,698
3.55%, 11/01/24 (Call 08/01/24)		669		654,168
3.80%, 03/21/29 (Call 12/21/28)		430		401,203
4.50%, 03/21/49 (Call 09/21/48)		150		128,550
4.65%, 11/01/44 (Call 05/01/44)		137		117,238
Vulcan Materials Co. 4.50%, 06/15/47 (Call 12/15/46)		79		67,208
4.70%, 03/01/48 (Call 09/01/47)		55		48,059

				11,924,560


Security	Par (000)		Value

Chemicals — 0.6%
Albemarle Corp., 5.45%, 12/01/44 (Call 06/01/44)	$	170	$	156,196
Celanese U.S. Holdings LLC 6.17%, 07/15/27 (Call 06/15/27)		70		70,081
6.35%, 11/15/28 (Call 10/15/28)		40		40,129
6.38%, 07/15/32 (Call 04/15/32)		95		94,042
6.55%, 11/15/30 (Call 09/15/30)		75		75,018
6.70%, 11/15/33 (Call 08/15/33)		55		55,239
CF Industries Inc., 5.38%, 03/15/44		165		146,368
Dow Chemical Co. (The) 3.60%, 11/15/50 (Call 05/15/50)		75		53,522
4.25%, 10/01/34 (Call 04/01/34)		119		107,269
4.38%, 11/15/42 (Call 05/15/42)		112		92,312
4.63%, 10/01/44 (Call 04/01/44)		162		135,989
4.80%, 11/30/28 (Call 08/30/28)		100		98,538
4.80%, 05/15/49 (Call 11/15/48)		184		156,118
5.25%, 11/15/41 (Call 05/15/41)		294		274,428
5.55%, 11/30/48 (Call 05/30/48)		95		90,187
6.30%, 03/15/33 (Call 12/15/32)		55		58,277
6.90%, 05/15/53 (Call 11/15/52)		40		44,512
7.38%, 11/01/29		230		252,280
9.40%, 05/15/39		135		178,228
DuPont de Nemours Inc. 4.49%, 11/15/25 (Call 09/15/25)		425		416,296
4.73%, 11/15/28 (Call 08/15/28)		724		714,313
5.32%, 11/15/38 (Call 05/15/38)		424		415,020
5.42%, 11/15/48 (Call 05/15/48)		290		280,537
Eastman Chemical Co. 4.65%, 10/15/44 (Call 04/15/44)		157		127,814
4.80%, 09/01/42 (Call 03/01/42)		118		100,020
Ecolab Inc. 1.30%, 01/30/31 (Call 10/30/30)		355		276,698
2.13%, 02/01/32 (Call 11/01/31)		100		81,429
2.70%, 11/01/26 (Call 08/01/26)		5,310		4,970,744
2.70%, 12/15/51 (Call 06/15/51)		240		151,416
2.75%, 08/18/55 (Call 02/18/55)		180		110,261
3.25%, 12/01/27 (Call 09/01/27)		781		732,422
3.95%, 12/01/47 (Call 06/01/47)		275		225,800
4.80%, 03/24/30 (Call 12/24/29)		911		905,142
5.25%, 01/15/28 (Call 12/15/27)		370		374,877
5.50%, 12/08/41		40		39,898
FMC Corp. 4.50%, 10/01/49 (Call 04/01/49)		32		23,850
5.65%, 05/18/33		100		95,235
6.38%, 05/18/53 (Call 11/18/52)		100		95,871
International Flavors & Fragrances Inc. 4.38%, 06/01/47 (Call 12/01/46)		40		28,674
4.45%, 09/26/28 (Call 06/26/28)		555		518,670
5.00%, 09/26/48 (Call 03/26/48)		86		68,359
LYB International Finance BV 4.88%, 03/15/44 (Call 09/15/43)		185		156,547
5.25%, 07/15/43		88		78,324
LYB International Finance II BV, 3.50%, 03/02/27 (Call 12/02/26)		700		659,862
LYB International Finance III LLC 3.63%, 04/01/51 (Call 10/01/50)		150		100,975
3.80%, 10/01/60 (Call 04/01/60)		425		277,478
4.20%, 10/15/49 (Call 04/15/49)		122		90,762
4.20%, 05/01/50 (Call 11/01/49)		324		240,285
5.63%, 05/15/33		100		98,992


Security	Par (000)		Value

Chemicals (continued)
LyondellBasell Industries NV, 4.63%, 02/26/55 (Call 08/26/54)	$	140	$	109,952
Mosaic Co. (The) 4.05%, 11/15/27 (Call 08/15/27)		10		9,535
4.88%, 11/15/41 (Call 05/15/41)		5		4,185
5.45%, 11/15/33 (Call 05/15/33)		65		63,238
5.63%, 11/15/43 (Call 05/15/43)		125		115,454
Nutrien Ltd. 4.13%, 03/15/35 (Call 09/15/34)		177		153,636
4.90%, 03/27/28 (Call 02/27/28)		60		58,652
4.90%, 06/01/43 (Call 12/01/42)		120		104,914
5.00%, 04/01/49 (Call 10/01/48)		58		50,428
5.25%, 01/15/45 (Call 07/15/44)		83		74,731
5.63%, 12/01/40		158		150,037
5.80%, 03/27/53 (Call 09/27/52)		175		170,928
5.88%, 12/01/36		165		163,792
5.95%, 11/07/25		100		100,602
6.13%, 01/15/41 (Call 07/15/40)		55		55,212
PPG Industries Inc. 2.80%, 08/15/29 (Call 05/15/29)		174		153,402
3.75%, 03/15/28 (Call 12/15/27)		525		494,755
Rohm & Haas Co., 7.85%, 07/15/29		148		163,670
RPM International Inc. 4.25%, 01/15/48 (Call 07/15/47)		35		26,291
5.25%, 06/01/45 (Call 12/01/44)		40		34,576
Sherwin-Williams Co. (The) 2.20%, 03/15/32 (Call 12/15/31)		120		95,210
3.30%, 05/15/50 (Call 11/15/49)		60		40,751
3.45%, 08/01/25 (Call 05/01/25)		120		115,517
3.80%, 08/15/49 (Call 02/15/49)		110		82,386
3.95%, 01/15/26 (Call 10/15/25)		295		285,265
4.00%, 12/15/42 (Call 06/15/42)		48		37,797
4.50%, 06/01/47 (Call 12/01/46)		329		280,328
4.55%, 08/01/45 (Call 02/01/45)		70		58,379

				17,888,927

Commercial Services — 0.5%
Automatic Data Processing Inc. 1.25%, 09/01/30 (Call 06/01/30)		4,466		3,558,196
1.70%, 05/15/28 (Call 03/15/28)		3,775		3,304,597
3.38%, 09/15/25 (Call 06/15/25)		1,113		1,076,783
Block Financial LLC 3.88%, 08/15/30 (Call 05/15/30)		432		381,564
5.25%, 10/01/25 (Call 07/01/25)		83		81,781
Global Payments Inc. 4.15%, 08/15/49 (Call 02/15/49)		122		89,463
5.95%, 08/15/52 (Call 02/15/52)		70		66,508
Moody’s Corp. 3.10%, 11/29/61 (Call 05/29/61)		160		101,261
3.25%, 01/15/28 (Call 10/15/27)		335		312,304
3.25%, 05/20/50 (Call 11/20/49)		84		57,952
3.75%, 03/24/25 (Call 02/24/25)		400		389,424
3.75%, 02/25/52 (Call 08/25/51)		35		26,716
4.25%, 02/01/29 (Call 11/01/28)		298		286,986
4.25%, 08/08/32 (Call 05/08/32)		125		117,353
4.88%, 12/17/48 (Call 06/17/48)		149		135,639
5.25%, 07/15/44		115		110,401
PayPal Holdings Inc. 2.85%, 10/01/29 (Call 07/01/29)		470		414,930
3.25%, 06/01/50 (Call 12/01/49)^(b)		236		167,598
5.05%, 06/01/52 (Call 12/01/51)		35		33,827


Security	Par (000)		Value

Commercial Services (continued)
5.25%, 06/01/62 (Call 12/01/61)	$	20	$	19,034
Quanta Services Inc. 2.35%, 01/15/32 (Call 10/15/31)		305		241,066
2.90%, 10/01/30 (Call 07/01/30)		460		387,329
RELX Capital Inc. 3.00%, 05/22/30 (Call 02/22/30)		1,475		1,295,271
4.00%, 03/18/29 (Call 12/18/28)		1,963		1,864,457
4.75%, 05/20/32 (Call 02/20/32)		75		72,262
S&P Global Inc. 2.30%, 08/15/60 (Call 02/15/60)		55		29,951
2.50%, 12/01/29 (Call 09/01/29)		317		275,353
2.70%, 03/01/29 (Call 01/01/29)		50		44,683
2.95%, 01/22/27 (Call 10/22/26)		323		302,454
3.25%, 12/01/49 (Call 06/01/49)		288		205,669
3.90%, 03/01/62 (Call 09/01/61)		45		35,289
Triton Container International Ltd./TAL International Container Corp., 3.25%, 03/15/32 (Call 12/15/31)		90		69,820
Verisk Analytics Inc., 5.50%, 06/15/45 (Call 12/15/44)		26		23,983

				15,579,904

Computers — 0.5%
Apple Inc. 2.55%, 08/20/60 (Call 02/20/60)^(b)		108		67,883
2.65%, 05/11/50 (Call 11/11/49)		333		221,738
2.65%, 02/08/51 (Call 08/08/50)		115		76,224
2.70%, 08/05/51 (Call 02/05/51)		10		6,646
2.80%, 02/08/61 (Call 08/08/60)		175		112,739
2.85%, 08/05/61 (Call 02/05/61)		115		74,403
2.95%, 09/11/49 (Call 03/11/49)		219		156,263
3.45%, 02/09/45		317		256,288
3.75%, 09/12/47 (Call 03/12/47)		130		108,272
3.75%, 11/13/47 (Call 05/13/47)		191		158,818
3.85%, 05/04/43		412		356,520
3.85%, 08/04/46 (Call 02/04/46)		240		202,793
3.95%, 08/08/52 (Call 02/08/52)		40		33,785
4.10%, 08/08/62 (Call 02/08/62)		180		150,770
4.25%, 02/09/47 (Call 08/09/46)		95		86,649
4.30%, 05/10/33^(b)		160		156,966
4.38%, 05/13/45		325		298,867
4.45%, 05/06/44		49		46,569
4.65%, 02/23/46 (Call 08/23/45)		512		489,380
4.85%, 05/10/53^(b)		160		157,918
Dell International LLC/EMC Corp. 3.45%, 12/15/51 (Call 06/15/51)^(e)		225		146,918
8.10%, 07/15/36 (Call 01/15/36)		110		126,349
8.35%, 07/15/46 (Call 01/15/46)		235		288,007
Hewlett Packard Enterprise Co. 1.75%, 04/01/26 (Call 03/01/26)		216		197,042
4.90%, 10/15/25 (Call 07/15/25)		1,311		1,293,367
5.25%, 07/01/28		60		59,493
6.20%, 10/15/35 (Call 04/15/35)		349		361,794
6.35%, 10/15/45 (Call 04/15/45)		530		542,757
HP Inc. 4.20%, 04/15/32 (Call 01/15/32)		115		102,692
4.75%, 01/15/28 (Call 12/15/27)		50		48,698
5.50%, 01/15/33 (Call 10/15/32)^(b)		315		305,770
6.00%, 09/15/41		337		331,827
International Business Machines Corp. 3.30%, 05/15/26		1,022		974,150
3.30%, 01/27/27		205		193,717
3.43%, 02/09/52 (Call 08/09/51)		140		98,367


Security	Par (000)		Value

Computers (continued)
3.45%, 02/19/26	$	1,002	$	960,517
3.50%, 05/15/29		685		631,515
4.00%, 06/20/42		305		250,585
4.15%, 07/27/27 (Call 06/27/27)		100		96,615
4.15%, 05/15/39		302		258,950
4.25%, 05/15/49		431		355,536
4.40%, 07/27/32 (Call 04/27/32)		100		95,218
4.70%, 02/19/46		165		145,720
5.10%, 02/06/53 (Call 08/06/52)		50		46,748
5.60%, 11/30/39		76		76,599
5.88%, 11/29/32		335		355,371
6.22%, 08/01/27		125		131,394
6.50%, 01/15/28		327		347,670
7.00%, 10/30/25		531		549,633
7.13%, 12/01/96		30		36,741
Leidos Inc. 2.30%, 02/15/31 (Call 11/15/30)		120		95,064
4.38%, 05/15/30 (Call 02/15/30)		781		720,433
Teledyne FLIR LLC, 2.50%, 08/01/30 (Call 05/01/30)		215		177,429
Western Digital Corp. 2.85%, 02/01/29 (Call 12/01/28)		360		290,005
4.75%, 02/15/26 (Call 11/15/25)		310		295,368

				14,207,550

Cosmetics & Personal Care — 0.2%
Colgate-Palmolive Co. 3.70%, 08/01/47 (Call 02/01/47)		211		176,864
4.00%, 08/15/45		348		307,169
4.60%, 03/01/28 (Call 02/01/28)		36		36,125
4.60%, 03/01/33 (Call 12/01/32)		36		36,012
4.80%, 03/02/26		36		36,037
Conopco Inc., Series E, 7.25%, 12/15/26		45		47,970
Estee Lauder Companies Inc. (The) 3.13%, 12/01/49 (Call 06/01/49)		92		63,739
4.38%, 06/15/45 (Call 12/15/44)		57		48,893
6.00%, 05/15/37		25		26,569
Procter & Gamble Co. (The) 2.45%, 11/03/26		581		543,839
2.80%, 03/25/27		742		695,914
2.85%, 08/11/27		570		533,947
3.60%, 03/25/50		150		122,982
4.10%, 01/26/26		150		147,950
5.55%, 03/05/37		191		206,515
5.80%, 08/15/34		50		55,309
Unilever Capital Corp. 1.75%, 08/12/31 (Call 05/12/31)		360		287,957
2.00%, 07/28/26		250		231,193
2.90%, 05/05/27 (Call 02/05/27)		270		252,007
3.10%, 07/30/25		100		96,444
3.38%, 03/22/25 (Call 01/22/25)		230		223,560
3.50%, 03/22/28 (Call 12/22/27)		240		228,038
5.90%, 11/15/32		235		255,299
Series 30Y, 2.63%, 08/12/51 (Call 02/12/51)		200		131,858

				4,792,190

Distribution & Wholesale — 0.1%
LKQ Corp. 5.75%, 06/15/28 (Call 05/15/28)^(e)		360		357,149
6.25%, 06/15/33 (Call 03/15/33)^(e)		510		506,083
WW Grainger Inc. 1.85%, 02/15/25 (Call 01/15/25)		694		659,522


Security	Par (000)		Value

Distribution & Wholesale (continued)
3.75%, 05/15/46 (Call 11/15/45)	$	96	$	76,238
4.20%, 05/15/47 (Call 11/15/46)		119		103,066
4.60%, 06/15/45 (Call 12/15/44)		172		157,593

				1,859,651

Diversified Financial Services — 1.1%
AerCap Ireland Capital DAC/AerCap Global Aviation Trust 1.65%, 10/29/24 (Call 09/29/24)		290		275,570
2.45%, 10/29/26 (Call 09/29/26)		465		418,277
3.00%, 10/29/28 (Call 08/29/28)		192		166,404
3.30%, 01/30/32 (Call 10/30/31)		622		505,605
3.40%, 10/29/33 (Call 07/29/33)		140		111,076
3.50%, 01/15/25 (Call 11/15/24)		492		474,913
3.65%, 07/21/27 (Call 04/21/27)		460		423,527
3.88%, 01/23/28 (Call 10/23/27)		390		358,909
4.45%, 10/01/25 (Call 08/01/25)		395		382,506
4.45%, 04/03/26 (Call 02/03/26)		450		433,611
4.63%, 10/15/27 (Call 08/15/27)		285		270,684
5.75%, 06/06/28 (Call 05/06/28)		150		148,525
6.50%, 07/15/25 (Call 06/15/25)		755		758,496
Affiliated Managers Group Inc. 3.30%, 06/15/30 (Call 03/15/30)		200		169,100
3.50%, 08/01/25		65		62,023
Air Lease Corp. 2.88%, 01/15/32 (Call 10/15/31)		90		71,745
3.00%, 02/01/30 (Call 11/01/29)		172		144,547
3.25%, 10/01/29 (Call 07/01/29)		137		119,485
3.63%, 04/01/27 (Call 01/01/27)		175		162,601
3.63%, 12/01/27 (Call 09/01/27)		164		150,655
4.63%, 10/01/28 (Call 07/01/28)		297		279,952
Aircastle Ltd., 4.25%, 06/15/26 (Call 04/15/26)		149		141,364
Ally Financial Inc. 4.63%, 03/30/25		360		348,124
5.13%, 09/30/24		53		52,186
5.80%, 05/01/25 (Call 04/01/25)		425		418,621
7.10%, 11/15/27 (Call 10/15/27)^(b)		40		40,532
8.00%, 11/01/31		489		507,404
American Express Co. 1.65%, 11/04/26 (Call 10/04/26)		75		66,892
2.55%, 03/04/27 (Call 02/01/27)		95		86,382
3.00%, 10/30/24 (Call 09/29/24)		874		848,532
3.13%, 05/20/26 (Call 04/20/26)		800		756,216
3.30%, 05/03/27 (Call 04/03/27)		85		79,198
3.63%, 12/05/24 (Call 11/04/24)		370		360,299
3.95%, 08/01/25 (Call 07/01/25)		300		291,135
4.05%, 12/03/42		501		428,786
4.20%, 11/06/25 (Call 10/06/25)		336		327,207
4.42%, 08/03/33 (Call 08/03/32),
(1-day SOFR + 1.760%)^(a)		260		241,176
4.90%, 02/13/26 (Call 01/13/26)		200		197,462
4.99%, 05/01/26, (1-day SOFR + 0.999%)^(a)		300		295,755
4.99%, 05/26/33 (Call 02/26/32),
(1-day SOFR + 2.255%)^(a)		60		56,912
5.04%, 05/01/34, (1-day SOFR + 1.835%)^(a)		300		288,273
5.28%, 07/27/29 (Call 07/27/28), (1-day SOFR + 1.280%)^(a)		225		222,538
5.39%, 07/28/27 (Call 07/28/26), (1-day SOFR + 0.970%)^(a)		75		74,576
5.85%, 11/05/27 (Call 10/05/27)		95		97,000


Security	Par (000)		Value

Diversified Financial Services (continued)
American Express Credit Corp., 3.30%, 05/03/27 (Call 04/03/27)	$	370	$	345,362
Ameriprise Financial Inc. 2.88%, 09/15/26 (Call 06/15/26)		45		42,093
3.00%, 04/02/25 (Call 03/02/25)		130		124,987
3.70%, 10/15/24		35		34,241
4.50%, 05/13/32 (Call 02/13/32)		50		47,294
5.15%, 05/15/33 (Call 02/15/33)		130		127,110
Brookfield Finance Inc. 3.50%, 03/30/51 (Call 09/30/50)		80		52,211
3.90%, 01/25/28 (Call 10/25/27)		300		280,338
4.25%, 06/02/26 (Call 03/02/26)		150		144,293
4.35%, 04/15/30 (Call 01/15/30)		187		172,648
4.70%, 09/20/47 (Call 03/20/47)		265		218,622
4.85%, 03/29/29 (Call 12/29/28)		370		354,020
Brookfield Finance LLC, 3.45%, 04/15/50 (Call 10/15/49)		135		87,500
Capital One Financial Corp. 2.36%, 07/29/32 (Call 07/29/31),
(1-day SOFR + 1.337%)^(a)		65		46,298
2.62%, 11/02/32 (Call 11/02/31),
(1-day SOFR + 1.265%)^(a)		5		3,820
4.99%, 07/24/26 (Call 07/24/25),
(1-day SOFR + 2.160%)^(a)		50		48,864
5.27%, 05/10/33 (Call 05/10/32),
(1-day SOFR + 2.370%)^(a)(b)		280		260,271
5.47%, 02/01/29 (Call 02/01/28),
(1-day SOFR + 2.080%)^(a)		10		9,690
5.82%, 02/01/34 (Call 02/01/33),
(1-day SOFR + 2.600%)^(a)		120		113,984
6.31%, 06/08/29 (Call 06/08/28),
(1-day SOFR + 2.640%)^(a)		95		94,949
6.38%, 06/08/34 (Call 06/08/33), (1-day SOFR + 2.860%)^(a)		85		83,955
Cboe Global Markets Inc., 3.65%, 01/12/27 (Call 10/12/26)		242		231,461
Charles Schwab Corp. (The) 2.90%, 03/03/32 (Call 12/03/31)		20		16,502
3.20%, 03/02/27 (Call 12/02/26)		35		32,400
3.20%, 01/25/28 (Call 10/25/27)		46		41,929
3.25%, 05/22/29 (Call 02/22/29)		85		75,581
4.00%, 02/01/29 (Call 11/01/28)		119		111,905
4.63%, 03/22/30 (Call 12/22/29)		20		19,427
5.85%, 05/19/34 (Call 05/19/33), (1-day SOFR + 2.500%)^(a)		55		55,082
CI Financial Corp. 3.20%, 12/17/30 (Call 09/17/30)		189		145,477
4.10%, 06/15/51 (Call 12/15/50)		99		59,902
CME Group Inc. 4.15%, 06/15/48 (Call 12/15/47)		220		193,415
5.30%, 09/15/43 (Call 03/15/43)		159		161,045
Credit Suisse USA Inc., 7.13%, 07/15/32		186		206,746
Discover Financial Services 4.10%, 02/09/27 (Call 11/09/26)		336		311,623
4.50%, 01/30/26 (Call 11/30/25)^(b)		255		244,907
6.70%, 11/29/32 (Call 08/29/32)		65		64,661
Eaton Vance Corp., 3.50%, 04/06/27 (Call 01/06/27)		25		23,481
Intercontinental Exchange Inc. 3.00%, 06/15/50 (Call 12/15/49)		290		193,430
3.00%, 09/15/60 (Call 03/15/60)		180		111,881


Security	Par (000)		Value

Diversified Financial Services (continued)
3.10%, 09/15/27 (Call 06/15/27)	$	260	$	240,724
3.75%, 09/21/28 (Call 06/21/28)^(b)		119		112,505
4.25%, 09/21/48 (Call 03/21/48)		226		190,344
4.60%, 03/15/33 (Call 12/15/32)		155		147,977
4.95%, 06/15/52 (Call 12/15/51)		170		158,350
5.20%, 06/15/62 (Call 12/15/61)		90		85,528
Invesco Finance PLC 3.75%, 01/15/26		75		72,169
5.38%, 11/30/43		148		139,049
Janus Henderson U.S. Holdings Inc., 4.88%, 08/01/25 (Call 05/01/25)		595		582,832
Jefferies Financial Group Inc. 4.15%, 01/23/30		122		109,962
6.25%, 01/15/36		112		113,346
6.50%, 01/20/43		60		59,858
Legg Mason Inc. 4.75%, 03/15/26		346		340,170
5.63%, 01/15/44		238		230,379
Mastercard Inc. 2.00%, 11/18/31 (Call 08/18/31)		125		101,536
2.95%, 11/21/26 (Call 08/21/26)		385		363,028
2.95%, 06/01/29 (Call 03/01/29)		445		403,544
3.30%, 03/26/27 (Call 01/26/27)		452		429,956
3.35%, 03/26/30 (Call 12/26/29)		374		343,848
3.50%, 02/26/28 (Call 11/26/27)		405		384,888
3.65%, 06/01/49 (Call 12/01/48)		90		72,035
3.80%, 11/21/46 (Call 05/21/46)		130		107,346
3.85%, 03/26/50 (Call 09/26/49)		318		263,740
3.95%, 02/26/48 (Call 08/26/47)		62		52,650
4.85%, 03/09/33 (Call 12/09/32)		200		200,938
4.88%, 03/09/28 (Call 02/09/28)		160		160,517
Nasdaq Inc. 1.65%, 01/15/31 (Call 10/15/30)		85		66,480
3.25%, 04/28/50 (Call 10/28/49)		115		76,380
3.85%, 06/30/26 (Call 03/30/26)		267		256,937
3.95%, 03/07/52 (Call 09/07/51)		169		126,522
5.35%, 06/28/28		380		379,916
5.55%, 02/15/34		335		333,690
5.65%, 06/28/25		35		35,043
Nomura Holdings Inc. 2.17%, 07/14/28		15		12,614
2.33%, 01/22/27		75		66,468
2.61%, 07/14/31		405		318,285
2.65%, 01/16/25		375		358,335
2.68%, 07/16/30		205		166,692
2.71%, 01/22/29		200		169,752
3.00%, 01/22/32		355		284,227
3.10%, 01/16/30		375		317,707
6.07%, 07/12/28		200		200,916
6.09%, 07/12/33		200		200,364
ORIX Corp. 3.25%, 12/04/24		45		43,490
5.20%, 09/13/32		330		328,195
Radian Group Inc., 4.88%, 03/15/27 (Call 09/15/26)		20		18,919
Raymond James Financial Inc. 3.75%, 04/01/51 (Call 10/01/50)		55		40,009
4.65%, 04/01/30 (Call 01/01/30)		89		86,055
4.95%, 07/15/46		185		161,437
Synchrony Financial 2.88%, 10/28/31 (Call 07/28/31)		310		229,753


Security	Par (000)		Value

Diversified Financial Services (continued)
3.70%, 08/04/26 (Call 05/04/26)	$	360	$	327,928
3.95%, 12/01/27 (Call 09/01/27)		551		491,795
4.50%, 07/23/25 (Call 04/23/25)		742		707,779
4.88%, 06/13/25 (Call 05/13/25)		155		149,333
5.15%, 03/19/29 (Call 12/19/28)		432		396,200
Visa Inc. 2.00%, 08/15/50 (Call 02/15/50)		20		11,829
2.05%, 04/15/30 (Call 01/15/30)		472		400,294
2.70%, 04/15/40 (Call 10/15/39)		170		126,781
3.65%, 09/15/47 (Call 03/15/47)		286		233,279
4.15%, 12/14/35 (Call 06/14/35)		389		366,979
4.30%, 12/14/45 (Call 06/14/45)		671		606,591
Voya Financial Inc. 3.65%, 06/15/26		180		170,001
4.70%, 01/23/48 (Call 01/23/28), (3-mo. LIBOR US + 2.084%)^(a)		155		125,150
5.70%, 07/15/43		116		107,146
Western Union Co. (The) 2.85%, 01/10/25 (Call 12/10/24)		1,032		988,862
6.20%, 11/17/36		232		232,589

				32,296,127

Electric — 2.2%
AEP Texas Inc. 3.45%, 05/15/51 (Call 11/15/50)		935		636,613
4.70%, 05/15/32 (Call 02/15/32)		300		283,875
5.25%, 05/15/52 (Call 11/15/51)		290		265,750
5.40%, 06/01/33 (Call 03/01/33)		50		49,453
Series G, 4.15%, 05/01/49 (Call 11/01/48)		110		84,700
Series H, 3.45%, 01/15/50 (Call 07/15/49)		235		162,282
Avangrid Inc. 3.15%, 12/01/24 (Call 10/01/24)		3,967		3,827,838
3.20%, 04/15/25 (Call 03/15/25)		2,532		2,424,187
3.80%, 06/01/29 (Call 03/01/29)		2,287		2,074,240
Avista Corp. 4.00%, 04/01/52 (Call 10/01/51)		250		190,897
4.35%, 06/01/48 (Call 12/01/47)		254		208,135
Baltimore Gas & Electric Co. 2.90%, 06/15/50 (Call 12/15/49)		37		23,790
3.20%, 09/15/49 (Call 03/15/49)		222		151,502
3.50%, 08/15/46 (Call 02/15/46)		210		153,844
3.75%, 08/15/47 (Call 02/15/47)		126		96,004
4.25%, 09/15/48 (Call 03/15/48)		95		77,919
5.40%, 06/01/53 (Call 12/01/52)		65		64,123
6.35%, 10/01/36		115		122,821
CenterPoint Energy Houston Electric LLC 3.55%, 08/01/42 (Call 02/01/42)		120		91,738
3.60%, 03/01/52 (Call 09/01/51)		35		26,069
3.95%, 03/01/48 (Call 09/01/47)		139		111,413
4.50%, 04/01/44 (Call 10/01/43)		137		118,683
4.95%, 04/01/33 (Call 01/01/33)		30		29,459
Series AC, 4.25%, 02/01/49 (Call 08/01/48)		189		158,206
Series AD, 2.90%, 07/01/50 (Call 01/01/50)		107		69,459
Series K2, 6.95%, 03/15/33		45		50,461
Cleveland Electric Illuminating Co. (The), 5.95%, 12/15/36		120		118,435
Commonwealth Edison Co. 2.20%, 03/01/30 (Call 12/01/29)		379		317,083
3.00%, 03/01/50 (Call 09/01/49)		225		148,711
3.65%, 06/15/46 (Call 12/15/45)		271		203,778
3.70%, 08/15/28 (Call 05/15/28)		435		410,549


Security	Par (000)		Value

Electric (continued)
3.70%, 03/01/45 (Call 09/01/44)	$	63	$	48,514
4.00%, 03/01/48 (Call 09/01/47)		194		156,259
4.00%, 03/01/49 (Call 09/01/48)		202		161,073
4.35%, 11/15/45 (Call 05/15/45)		71		59,918
4.70%, 01/15/44 (Call 07/15/43)		25		22,155
4.90%, 02/01/33 (Call 11/01/32)^(b)		30		29,488
5.90%, 03/15/36		145		150,031
6.45%, 01/15/38		64		69,102
Series 122, 2.95%, 08/15/27 (Call 05/15/27)		115		106,922
Series 123, 3.75%, 08/15/47 (Call 02/15/47)		165		126,070
Series 127, 3.20%, 11/15/49 (Call 05/15/49)		229		156,400
Series 131, 2.75%, 09/01/51 (Call 03/01/51)		500		307,510
Connecticut Light & Power Co. (The) 4.00%, 04/01/48 (Call 10/01/47)		420		341,708
4.30%, 04/15/44 (Call 10/15/43)		305		257,505
4.90%, 07/01/33		75		73,855
5.25%, 01/15/53 (Call 07/15/52)		235		229,532
Series A, 2.05%, 07/01/31 (Call 04/01/31)		772		621,823
Series A, 3.20%, 03/15/27 (Call 12/15/26)		560		526,613
Series A, 4.15%, 06/01/45 (Call 12/01/44)		205		170,304
Consolidated Edison Co. of New York Inc. 3.70%, 11/15/59 (Call 05/15/59)		130		91,858
3.80%, 05/15/28 (Call 02/15/28)		134		126,761
3.85%, 06/15/46 (Call 12/15/45)		59		45,169
3.95%, 03/01/43 (Call 09/01/42)		69		54,896
4.45%, 03/15/44 (Call 09/15/43)		155		131,908
4.50%, 12/01/45 (Call 06/01/45)		95		80,316
4.50%, 05/15/58 (Call 11/15/57)		125		101,941
4.63%, 12/01/54 (Call 06/01/54)		39		33,073
5.70%, 06/15/40		97		95,273
Series 05-A, 5.30%, 03/01/35		182		177,576
Series 06-A, 5.85%, 03/15/36		59		59,525
Series 06-B, 6.20%, 06/15/36		85		88,405
Series 08-B, 6.75%, 04/01/38		145		160,073
Series 09-C, 5.50%, 12/01/39		115		110,825
Series 12-A, 4.20%, 03/15/42		122		101,597
Series 2017, 3.88%, 06/15/47 (Call 12/15/46)		186		142,746
Series 20A, 3.35%, 04/01/30 (Call 01/01/30)		355		320,324
Series 20B, 3.95%, 04/01/50 (Call 10/01/49)		187		147,924
Series A, 4.13%, 05/15/49 (Call 11/15/48)		165		130,645
Series C, 3.00%, 12/01/60 (Call 06/01/60)		25		15,248
Series C, 4.00%, 11/15/57 (Call 05/15/57)		79		60,940
Series C, 4.30%, 12/01/56 (Call 06/01/56)		96		75,712
Series D, 4.00%, 12/01/28 (Call 09/01/28)		269		256,970
Series E, 4.65%, 12/01/48 (Call 06/01/48)		145		124,820
Constellation Energy Generation LLC, 6.25%, 10/01/39		62		62,789
Consumers Energy Co. 2.50%, 05/01/60 (Call 11/01/59)		1,050		579,379
2.65%, 08/15/52 (Call 02/15/52)		800		495,688
Delmarva Power & Light Co., 4.15%, 05/15/45 (Call 11/15/44)		60		47,891
Edison International
4.13%, 03/15/28 (Call 12/15/27)		205		191,710
5.25%, 11/15/28 (Call 10/15/28)		60		58,643
5.75%, 06/15/27 (Call 04/15/27)		65		65,152
El Paso Electric Co. 5.00%, 12/01/44 (Call 06/01/44)		50		42,986
6.00%, 05/15/35		117		115,643
Enel Americas SA, 4.00%, 10/25/26 (Call 07/25/26)		1,275		1,206,507


Security	Par (000)		Value

Electric (continued)
Entergy Louisiana LLC 2.90%, 03/15/51 (Call 09/15/50)	$	328	$	205,282
4.20%, 09/01/48 (Call 03/01/48)		317		254,167
4.20%, 04/01/50 (Call 10/01/49)		320		256,266
4.95%, 01/15/45 (Call 01/15/25)		610		536,885
Eversource Energy 3.38%, 03/01/32 (Call 12/01/31)		665		570,277
3.45%, 01/15/50 (Call 07/15/49)		325		227,575
4.60%, 07/01/27 (Call 06/01/27)		85		82,710
4.75%, 05/15/26		70		68,849
5.13%, 05/15/33		100		96,716
5.45%, 03/01/28 (Call 02/01/28)		155		155,560
Series H, 3.15%, 01/15/25 (Call 10/15/24)		785		760,194
Series L, 2.90%, 10/01/24 (Call 08/01/24)		985		955,499
Series M, 3.30%, 01/15/28 (Call 10/15/27)		665		611,873
Series O, 4.25%, 04/01/29 (Call 01/01/29)		340		322,878
Series R, 1.65%, 08/15/30 (Call 05/15/30)		1,155		907,807
Exelon Corp. 3.40%, 04/15/26 (Call 01/15/26)		1,645		1,564,050
4.05%, 04/15/30 (Call 01/15/30)		1,535		1,418,724
4.10%, 03/15/52 (Call 09/15/51)		400		308,084
4.45%, 04/15/46 (Call 10/15/45)		291		240,250
4.70%, 04/15/50 (Call 10/15/49)		345		292,695
4.95%, 06/15/35 (Call 12/15/34)		287		268,213
5.10%, 06/15/45 (Call 12/15/44)		160		145,616
5.15%, 03/15/28 (Call 02/15/28)		70		69,539
5.30%, 03/15/33 (Call 12/15/32)		140		138,138
5.60%, 03/15/53 (Call 09/15/52)		140		135,141
5.63%, 06/15/35		250		248,687
Exelon Generation Co. LLC, 5.75%, 10/01/41 (Call 04/01/41)		5		4,781
Florida Power & Light Co. 3.15%, 10/01/49 (Call 04/01/49)		181		126,307
3.70%, 12/01/47 (Call 06/01/47)		228		177,056
3.95%, 03/01/48 (Call 09/01/47)		274		222,118
3.99%, 03/01/49 (Call 09/01/48)		208		167,737
4.05%, 06/01/42 (Call 12/01/41)		92		77,539
4.05%, 10/01/44 (Call 04/01/44)		160		134,213
4.13%, 02/01/42 (Call 08/01/41)		205		174,188
4.13%, 06/01/48 (Call 12/01/47)		175		146,041
4.40%, 05/15/28 (Call 03/15/28)		80		78,262
4.45%, 05/15/26 (Call 04/15/26)		55		54,135
4.63%, 05/15/30 (Call 03/15/30)		85		83,270
4.80%, 05/15/33 (Call 02/15/33)		55		53,715
4.95%, 06/01/35		40		39,206
5.25%, 02/01/41 (Call 08/01/40)		245		239,845
5.63%, 04/01/34		240		249,926
5.65%, 02/01/37		117		119,112
5.69%, 03/01/40		235		240,821
5.95%, 02/01/38		180		188,471
5.96%, 04/01/39		55		57,961
Iberdrola International BV 5.81%, 03/15/25		1,095		1,097,190
6.75%, 07/15/36		714		777,660
ITC Holdings Corp. 3.25%, 06/30/26 (Call 03/30/26)		690		651,588
3.35%, 11/15/27 (Call 08/15/27)		544		505,256
5.30%, 07/01/43 (Call 01/01/43)		344		316,569
National Grid PLC 5.60%, 06/12/28 (Call 05/12/28)		320		320,762


Security	Par (000)		Value

Electric (continued)
5.81%, 06/12/33 (Call 03/12/33)	$	1,075	$	1,078,107
National Grid USA, 5.80%, 04/01/35		820		807,593
National Rural Utilities Cooperative Finance Corp. 2.40%, 03/15/30 (Call 12/15/29)		184		155,178
4.02%, 11/01/32 (Call 05/01/32)		55		49,866
4.30%, 03/15/49 (Call 09/15/48)		67		54,417
4.40%, 11/01/48 (Call 05/01/48)		95		78,258
5.05%, 09/15/28		75		74,859
Series C, 8.00%, 03/01/32		80		93,269
NextEra Energy Capital Holdings Inc.
2.25%, 06/01/30 (Call 03/01/30)		1,324		1,089,003
2.75%, 11/01/29 (Call 08/01/29)		707		611,498
3.50%, 04/01/29 (Call 01/01/29)		410		374,592
3.55%, 05/01/27 (Call 02/01/27)		1,034		974,545
3.80%, 03/15/82 (Call 03/15/27), (5-year CMT + 2.547%)^(a)		55		46,532
4.26%, 09/01/24		100		98,354
4.63%, 07/15/27 (Call 06/15/27)		475		463,120
4.80%, 12/01/77 (Call 12/01/27),
(3-mo. LIBOR US + 2.409%)^(a)		275		243,606
4.90%, 02/28/28 (Call 01/28/28)		150		147,540
5.00%, 02/28/30 (Call 12/28/29)		150		147,183
5.00%, 07/15/32 (Call 04/15/32)		300		289,986
5.05%, 02/28/33 (Call 11/28/32)		150		145,111
5.25%, 02/28/53 (Call 08/28/52)		150		138,912
NSTAR Electric Co. 1.95%, 08/15/31 (Call 05/15/31)		394		311,165
3.10%, 06/01/51 (Call 12/01/50)		205		137,608
3.20%, 05/15/27 (Call 02/15/27)		745		697,961
3.25%, 05/15/29 (Call 02/15/29)		30		27,484
3.95%, 04/01/30 (Call 01/01/30)		455		423,678
4.40%, 03/01/44 (Call 09/01/43)		349		299,854
5.50%, 03/15/40		245		240,901
Ohio Edison Co., 6.88%, 07/15/36		165		179,607
Ohio Power Co. 4.00%, 06/01/49 (Call 12/01/48)		200		156,000
4.15%, 04/01/48 (Call 10/01/47)		160		127,878
5.00%, 06/01/33		30		29,206
Series Q, 1.63%, 01/15/31 (Call 10/15/30)		345		269,759
Series R, 2.90%, 10/01/51 (Call 04/01/51)		405		256,191
Oncor Electric Delivery Co. LLC 2.70%, 11/15/51 (Call 05/15/51)		190		117,034
3.10%, 09/15/49 (Call 03/15/49)		145		98,691
3.75%, 04/01/45 (Call 10/01/44)		159		125,440
3.80%, 09/30/47 (Call 03/30/47)		78		60,893
3.80%, 06/01/49 (Call 12/01/48)		125		96,643
4.10%, 11/15/48 (Call 05/15/48)		160		130,019
4.55%, 12/01/41 (Call 06/01/41)		40		35,713
4.60%, 06/01/52 (Call 12/01/51)		75		66,494
5.25%, 09/30/40		100		98,713
5.30%, 06/01/42 (Call 12/01/41)		50		49,322
7.00%, 05/01/32		76		84,953
7.25%, 01/15/33		77		87,778
7.50%, 09/01/38		35		41,741
Pacific Gas and Electric Co. 3.50%, 08/01/50 (Call 02/01/50)		110		69,275
4.20%, 06/01/41 (Call 12/01/40)		90		65,376
4.25%, 03/15/46 (Call 09/15/45)		20		13,614
4.30%, 03/15/45 (Call 09/15/44)		125		87,386
4.50%, 07/01/40 (Call 01/01/40)		170		131,148


Security	Par (000)		Value

Electric (continued)
4.55%, 07/01/30 (Call 01/01/30)	$	105	$	94,355
4.95%, 07/01/50 (Call 01/01/50)		685		530,087
5.25%, 03/01/52 (Call 09/01/51)		195		153,982
5.90%, 06/15/32 (Call 03/15/32)		180		172,336
6.70%, 04/01/53 (Call 10/01/52)		70		68,091
6.75%, 01/15/53 (Call 07/15/52)		325		316,238
PECO Energy Co. 2.80%, 06/15/50 (Call 12/15/49)		124		78,456
2.85%, 09/15/51 (Call 03/15/51)		25		15,831
3.00%, 09/15/49 (Call 03/15/49)		110		73,306
3.70%, 09/15/47 (Call 03/15/47)		386		295,919
3.90%, 03/01/48 (Call 09/01/47)		194		154,463
4.15%, 10/01/44 (Call 04/01/44)		282		231,869
4.38%, 08/15/52 (Call 02/15/52)		100		85,280
4.60%, 05/15/52 (Call 11/15/51)		100		87,796
4.90%, 06/15/33		120		117,990
Potomac Electric Power Co. 4.15%, 03/15/43 (Call 09/15/42)		290		241,442
6.50%, 11/15/37		15		16,378
PPL Electric Utilities Corp. 3.00%, 10/01/49 (Call 04/01/49)		185		125,254
3.95%, 06/01/47 (Call 12/01/46)		59		47,483
4.15%, 10/01/45 (Call 04/01/45)		15		12,417
4.15%, 06/15/48 (Call 12/15/47)		145		119,499
5.00%, 05/15/33 (Call 02/15/33)		100		98,938
5.25%, 05/15/53 (Call 11/15/52)		755		733,875
Public Service Co. of New Hampshire 3.60%, 07/01/49 (Call 01/01/49)		480		360,504
5.15%, 01/15/53 (Call 07/15/52)		275		267,674
Series V, 2.20%, 06/15/31 (Call 03/15/31)		160		130,637
Public Service Electric & Gas Co. 2.45%, 01/15/30 (Call 10/15/29)		425		364,450
2.70%, 05/01/50 (Call 11/01/49)		72		46,169
3.15%, 01/01/50 (Call 07/01/49)		180		126,662
3.20%, 05/15/29 (Call 02/15/29)		275		249,870
3.20%, 08/01/49 (Call 02/01/49)		225		158,956
3.60%, 12/01/47 (Call 06/01/47)		95		72,509
3.65%, 09/01/28 (Call 06/01/28)		350		329,042
3.65%, 09/01/42 (Call 03/01/42)		90		71,023
3.70%, 05/01/28 (Call 02/01/28)		362		343,618
3.80%, 01/01/43 (Call 07/01/42)		15		12,123
3.80%, 03/01/46 (Call 09/01/45)		390		308,650
3.85%, 05/01/49 (Call 11/01/48)		140		110,748
3.95%, 05/01/42 (Call 11/01/41)		25		20,852
4.05%, 05/01/48 (Call 11/01/47)		75		61,696
4.65%, 03/15/33 (Call 12/15/32)		70		67,786
4.90%, 12/15/32 (Call 09/15/32)		100		98,727
5.13%, 03/15/53 (Call 09/15/52)		420		410,109
5.50%, 03/01/40		70		70,355
5.80%, 05/01/37		125		127,690
Public Service Enterprise Group Inc. 1.60%, 08/15/30 (Call 05/15/30)		1,347		1,059,308
2.45%, 11/15/31 (Call 08/15/31)		1,020		820,192
San Diego Gas & Electric Co. 4.15%, 05/15/48 (Call 11/15/47)		200		161,980
4.50%, 08/15/40		72		63,821
4.95%, 08/15/28 (Call 07/15/28)		200		198,336
6.00%, 06/01/39		55		56,033
Series RRR, 3.75%, 06/01/47 (Call 12/01/46)		159		120,368
Series TTT, 4.10%, 06/15/49 (Call 12/15/48)		264		208,919


Security	Par (000)		Value

Electric (continued)
Series UUU, 3.32%, 04/15/50 (Call 10/15/49)	$	127	$	87,014
Series VVV, 1.70%, 10/01/30 (Call 07/01/30)		530		421,467
Series WWW, 2.95%, 08/15/51 (Call 02/15/51)		15		9,769
Sempra Energy 3.25%, 06/15/27 (Call 03/15/27)		307		283,659
3.40%, 02/01/28 (Call 11/01/27)		303		280,369
3.80%, 02/01/38 (Call 08/01/37)		349		284,212
4.00%, 02/01/48 (Call 08/01/47)		364		278,460
4.13%, 04/01/52 (Call 01/01/27),
(5-year CMT + 2.868%)^(a)		285		230,742
5.40%, 08/01/26		100		100,157
5.50%, 08/01/33 (Call 05/01/33)		100		99,177
6.00%, 10/15/39		169		168,630
Southern California Edison Co. 2.25%, 06/01/30 (Call 03/01/30)		150		124,648
2.85%, 08/01/29 (Call 05/01/29)		167		146,933
3.65%, 02/01/50 (Call 08/01/49)		298		215,758
4.00%, 04/01/47 (Call 10/01/46)		212		164,099
4.05%, 03/15/42 (Call 09/15/41)		149		117,837
4.50%, 09/01/40 (Call 03/01/40)		30		25,637
4.65%, 10/01/43 (Call 04/01/43)		121		103,835
4.90%, 06/01/26 (Call 05/01/26)		65		64,619
5.50%, 03/15/40		59		56,954
5.63%, 02/01/36		102		100,428
5.88%, 12/01/53 (Call 06/01/53)		100		99,525
6.00%, 01/15/34		220		227,590
6.05%, 03/15/39		111		112,019
6.65%, 04/01/29		180		186,755
Series 04-G, 5.75%, 04/01/35		55		55,450
Series 05-E, 5.35%, 07/15/35		75		74,283
Series 06-E, 5.55%, 01/15/37		15		14,579
Series 08-A, 5.95%, 02/01/38		47		47,815
Series 13-A, 3.90%, 03/15/43 (Call 09/15/42)		20		15,315
Series A, 4.20%, 03/01/29 (Call 12/01/28)		122		115,751
Series B, 4.88%, 03/01/49 (Call 09/01/48)		129		111,599
Series C, 3.60%, 02/01/45 (Call 08/01/44)		219		158,155
Series C, 4.13%, 03/01/48 (Call 09/01/47)		171		134,822
Southern California Gas Co., 5.20%, 06/01/33		100		98,170
Toledo Edison Co. (The), 6.15%, 05/15/37		10		10,320

				66,088,814

Electrical Components & Equipment — 0.0%
Acuity Brands Lighting Inc., 2.15%, 12/15/30 (Call 09/15/30)		225		180,148
Emerson Electric Co.
2.75%, 10/15/50 (Call 04/15/50)		99		63,156
2.80%, 12/21/51 (Call 06/21/51)		15		9,699
5.25%, 11/15/39		50		49,942

				302,945

Electronics — 0.4%
Agilent Technologies Inc. 2.75%, 09/15/29 (Call 06/15/29)		412		360,006
3.05%, 09/22/26 (Call 06/22/26)		280		261,674
Allegion PLC, 3.50%, 10/01/29 (Call 07/01/29)		630		561,929
Allegion U.S. Holding Co. Inc. 3.20%, 10/01/24 (Call 08/01/24)		281		272,182
3.55%, 10/01/27 (Call 07/01/27)		165		152,779
5.41%, 07/01/32 (Call 04/01/32)		205		199,609
Amphenol Corp., 4.35%, 06/01/29 (Call 03/01/29)		71		68,342


Security	Par (000)		Value

Electronics (continued)
Avnet Inc. 3.00%, 05/15/31 (Call 02/15/31)	$	170	$	135,636
4.63%, 04/15/26 (Call 01/15/26)		597		577,824
5.50%, 06/01/32 (Call 03/01/32)		45		42,619
6.25%, 03/15/28 (Call 02/15/28)		80		80,626
Flex Ltd.
4.75%, 06/15/25 (Call 03/15/25)		300		294,015
4.88%, 06/15/29 (Call 03/15/29)		725		692,469
4.88%, 05/12/30 (Call 02/12/30)		555		531,263
6.00%, 01/15/28 (Call 12/15/27)		100		101,086
Fortive Corp. 3.15%, 06/15/26 (Call 03/15/26)		408		383,545
4.30%, 06/15/46 (Call 12/15/45)		60		47,420
Honeywell International Inc. 1.95%, 06/01/30 (Call 03/01/30)		485		403,447
2.50%, 11/01/26 (Call 08/01/26)		901		840,813
2.70%, 08/15/29 (Call 05/15/29)		370		329,311
3.81%, 11/21/47 (Call 05/21/47)		212		172,284
4.25%, 01/15/29 (Call 12/15/28)		80		77,701
4.50%, 01/15/34 (Call 10/15/33)		80		77,283
4.95%, 02/15/28 (Call 01/15/28)		100		100,991
5.00%, 02/15/33 (Call 11/15/32)		100		100,775
5.38%, 03/01/41		30		30,274
5.70%, 03/15/36		180		188,627
5.70%, 03/15/37		87		90,805
Hubbell Inc. 3.15%, 08/15/27 (Call 05/15/27)		96		89,050
3.35%, 03/01/26 (Call 12/01/25)		125		119,148
3.50%, 02/15/28 (Call 11/15/27)		65		60,997
Jabil Inc., 3.95%, 01/12/28 (Call 10/12/27)		127		118,924
Keysight Technologies Inc. 3.00%, 10/30/29 (Call 07/30/29)		833		729,491
4.55%, 10/30/24 (Call 07/30/24)		938		922,992
4.60%, 04/06/27 (Call 01/06/27)		588		574,964
Legrand France SA, 8.50%, 02/15/25		420		437,455
Trimble Inc. 4.75%, 12/01/24 (Call 09/01/24)		516		507,852
4.90%, 06/15/28 (Call 03/15/28)		574		558,008
Tyco Electronics Group SA 3.13%, 08/15/27 (Call 05/15/27)		235		219,274
3.70%, 02/15/26 (Call 11/15/25)		115		111,024
4.50%, 02/13/26		50		49,162
7.13%, 10/01/37		135		153,518
Vontier Corp. 2.40%, 04/01/28 (Call 02/01/28)		260		219,528
2.95%, 04/01/31 (Call 01/01/31)		55		43,577

				12,090,299

Entertainment — 0.1%
Warnermedia Holdings Inc. 4.28%, 03/15/32 (Call 12/15/31)		165		145,584
5.05%, 03/15/42 (Call 09/15/41)		575		472,961
5.14%, 03/15/52		845		673,186
5.39%, 03/15/62		195		154,532

				1,446,263

Environmental Control — 0.0%
Republic Services Inc. 3.05%, 03/01/50 (Call 09/01/49)		75		51,109
4.88%, 04/01/29 (Call 03/01/29)		30		29,575
5.70%, 05/15/41 (Call 11/15/40)		5		5,116


Security	Par (000)		Value

Environmental Control (continued)
6.20%, 03/01/40	$	38	$	40,307
Waste Connections Inc. 2.95%, 01/15/52 (Call 07/15/51)		20		13,091
3.05%, 04/01/50 (Call 10/01/49)		57		38,550
Waste Management Inc. 4.10%, 03/01/45 (Call 09/01/44)		5		4,175
4.15%, 07/15/49 (Call 01/15/49)		42		35,341
4.63%, 02/15/30 (Call 12/15/29)		100		97,748
4.63%, 02/15/33 (Call 11/15/32)		100		96,134
4.88%, 02/15/29		40		39,597
4.88%, 02/15/34 (Call 11/15/33)		100		97,640

				548,383

Food — 0.6%
Ahold Finance USA LLC, 6.88%, 05/01/29		135		144,277
Campbell Soup Co. 2.38%, 04/24/30 (Call 01/24/30)		393		327,326
3.13%, 04/24/50 (Call 10/24/49)		61		39,926
3.30%, 03/19/25 (Call 12/19/24)		315		303,701
3.95%, 03/15/25 (Call 01/15/25)		745		725,667
4.15%, 03/15/28 (Call 12/15/27)		518		493,198
4.80%, 03/15/48 (Call 09/15/47)		256		221,284
Conagra Brands Inc. 4.60%, 11/01/25 (Call 09/01/25)		402		393,490
4.85%, 11/01/28 (Call 08/01/28)		354		344,435
5.30%, 10/01/26		100		99,601
5.30%, 11/01/38 (Call 05/01/38)		205		189,231
5.40%, 11/01/48 (Call 05/01/48)		176		159,581
7.00%, 10/01/28		55		58,661
8.25%, 09/15/30		345		393,766
General Mills Inc. 2.25%, 10/14/31 (Call 07/14/31)		610		492,178
2.88%, 04/15/30 (Call 01/15/30)		421		367,327
3.00%, 02/01/51 (Call 08/01/50)		100		67,125
3.20%, 02/10/27 (Call 11/10/26)		388		364,681
4.00%, 04/17/25 (Call 02/17/25)		1,028		1,001,796
4.15%, 02/15/43 (Call 08/15/42)		150		124,601
4.20%, 04/17/28 (Call 01/17/28)		698		669,780
4.70%, 04/17/48 (Call 10/17/47)		70		62,903
4.95%, 03/29/33 (Call 12/29/32)		150		146,155
5.24%, 11/18/25 (Call 11/18/23)		50		49,789
5.40%, 06/15/40		155		150,829
Hershey Co. (The) 3.13%, 11/15/49 (Call 05/15/49)		35		24,866
3.38%, 08/15/46 (Call 02/15/46)		100		73,666
Hormel Foods Corp., 3.05%, 06/03/51 (Call 12/03/50)		30		20,611
Ingredion Inc. 2.90%, 06/01/30 (Call 03/01/30)		160		137,058
3.20%, 10/01/26 (Call 07/01/26)		290		273,641
3.90%, 06/01/50 (Call 12/01/49)		174		124,118
JM Smucker Co. (The) 3.55%, 03/15/50 (Call 09/15/49)		53		37,141
4.25%, 03/15/35		207		185,259
4.38%, 03/15/45		40		33,007
Kellogg Co. 2.10%, 06/01/30 (Call 03/01/30)		575		470,729
3.25%, 04/01/26		1,337		1,272,236
3.40%, 11/15/27 (Call 08/15/27)		753		699,831
4.30%, 05/15/28 (Call 02/15/28)		519		498,967
4.50%, 04/01/46		359		308,510
5.25%, 03/01/33 (Call 12/01/32)		300		296,160


Security	Par (000)		Value

Food (continued)
Series B, 7.45%, 04/01/31	$	769	$	866,940
Koninklijke Ahold Delhaize NV, 5.70%, 10/01/40		141		139,144
Kraft Heinz Foods Co. 4.38%, 06/01/46 (Call 12/01/45)		165		136,473
4.88%, 10/01/49 (Call 04/01/49)		285		251,926
5.20%, 07/15/45 (Call 01/15/45)		380		349,440
5.50%, 06/01/50 (Call 12/01/49)		340		328,052
6.50%, 02/09/40		110		116,291
6.88%, 01/26/39		175		191,674
Kroger Co. (The) 2.65%, 10/15/26 (Call 07/15/26)		394		364,379
3.50%, 02/01/26 (Call 11/01/25)		405		386,803
3.70%, 08/01/27 (Call 05/01/27)		189		179,463
3.88%, 10/15/46 (Call 04/15/46)		118		88,227
3.95%, 01/15/50 (Call 07/15/49)		80		61,804
4.45%, 02/01/47 (Call 08/01/46)		205		170,669
4.50%, 01/15/29 (Call 10/15/28)		170		164,310
4.65%, 01/15/48 (Call 07/15/47)		115		97,954
5.00%, 04/15/42 (Call 10/15/41)		70		62,108
5.15%, 08/01/43 (Call 02/01/43)		180		162,013
5.40%, 07/15/40 (Call 01/15/40)		57		53,541
5.40%, 01/15/49 (Call 07/15/48)		153		145,827
6.90%, 04/15/38		57		62,377
7.50%, 04/01/31		200		224,642
McCormick & Co. Inc./MD 1.85%, 02/15/31 (Call 11/15/30)		220		173,155
3.40%, 08/15/27 (Call 05/15/27)		445		416,774
4.20%, 08/15/47 (Call 02/15/47)		224		179,767
4.95%, 04/15/33		50		48,350
Mondelez International Inc., 2.63%, 09/04/50 (Call 03/04/50)		85		53,090
Sysco Corp. 2.40%, 02/15/30 (Call 11/15/29)		155		130,908
3.25%, 07/15/27 (Call 04/15/27)		59		54,997
3.30%, 07/15/26 (Call 04/15/26)		155		147,069
3.30%, 02/15/50 (Call 08/15/49)		68		46,666
4.45%, 03/15/48 (Call 09/15/47)		97		80,117
4.50%, 04/01/46 (Call 10/01/45)		99		82,368
4.85%, 10/01/45 (Call 04/01/45)		40		34,342
5.38%, 09/21/35		57		56,359
5.95%, 04/01/30 (Call 01/01/30)		155		160,375
6.60%, 04/01/40 (Call 10/01/39)		80		84,756
6.60%, 04/01/50 (Call 10/01/49)		140		153,780
Tyson Foods Inc. 4.55%, 06/02/47 (Call 12/02/46)		10		7,987
5.10%, 09/28/48 (Call 03/28/48)		189		163,778
5.15%, 08/15/44 (Call 02/15/44)		97		86,362

				18,612,165

Forest Products & Paper — 0.0%
Celulosa Arauco y Constitucion SA, 3.88%, 11/02/27 (Call 08/02/27)		127		116,075
International Paper Co. 4.35%, 08/15/48 (Call 02/15/48)		155		127,447
4.40%, 08/15/47 (Call 02/15/47)		251		204,377
4.80%, 06/15/44 (Call 12/15/43)		296		254,664
5.15%, 05/15/46 (Call 11/15/45)		25		22,456
6.00%, 11/15/41 (Call 05/15/41)		205		207,622
7.30%, 11/15/39		10		11,244


Security	Par (000)		Value

Forest Products & Paper (continued)
Suzano Austria GmbH 5.00%, 01/15/30 (Call 10/15/29)	$	40	$	37,166
6.00%, 01/15/29 (Call 10/15/28)		60		59,577

				1,040,628

Gas — 0.1%
Atmos Energy Corp. 2.85%, 02/15/52 (Call 08/15/51)		65		41,978
3.38%, 09/15/49 (Call 03/15/49)		167		119,146
4.13%, 10/15/44 (Call 04/15/44)		134		110,081
4.13%, 03/15/49 (Call 09/15/48)		95		77,262
4.15%, 01/15/43 (Call 07/15/42)		20		16,772
4.30%, 10/01/48 (Call 04/01/48)		105		88,699
5.50%, 06/15/41 (Call 12/15/40)		15		14,731
5.75%, 10/15/52 (Call 04/15/52)		20		20,809
National Fuel Gas Co. 2.95%, 03/01/31 (Call 12/01/30)		137		110,329
3.95%, 09/15/27 (Call 06/15/27)		50		46,237
4.75%, 09/01/28 (Call 06/01/28)		145		137,327
5.50%, 10/01/26		60		59,466
ONE Gas Inc. 4.25%, 09/01/32 (Call 06/01/32)		150		139,711
4.50%, 11/01/48 (Call 05/01/48)		195		160,750
4.66%, 02/01/44 (Call 08/01/43)		90		77,708
Piedmont Natural Gas Co. Inc. 3.35%, 06/01/50 (Call 12/01/49)		240		157,284
5.05%, 05/15/52 (Call 11/15/51)		242		213,253
5.40%, 06/15/33		80		78,817
Southern California Gas Co. 2.95%, 04/15/27 (Call 03/15/27)		50		46,456
3.75%, 09/15/42 (Call 03/15/42)		160		121,184
5.13%, 11/15/40		30		28,237
5.75%, 06/01/53 (Call 12/01/52)		100		98,942
Series UU, 4.13%, 06/01/48 (Call 12/01/47)		155		120,347
Series VV, 4.30%, 01/15/49 (Call 07/15/48)		130		105,754
Series WW, 3.95%, 02/15/50 (Call 08/15/49)		252		191,195
Southwest Gas Corp. 3.70%, 04/01/28 (Call 01/01/28)		65		60,388
3.80%, 09/29/46 (Call 03/29/46)		105		74,298
4.15%, 06/01/49 (Call 12/01/48)		186		139,355
5.45%, 03/23/28 (Call 02/23/28)		35		34,889
5.80%, 12/01/27 (Call 11/01/27)		100		101,005
Washington Gas Light Co.
3.65%, 09/15/49 (Call 03/15/49)		144		102,886
Series K, 3.80%, 09/15/46 (Call 03/15/46)		125		92,216

				2,987,512

Hand & Machine Tools — 0.0%
Kennametal Inc., 4.63%, 06/15/28 (Call 03/15/28)		21		19,934
Regal Rexnord Corp., 6.30%, 02/15/30 (Call 12/15/29)^(e)		45		44,744
Snap-on Inc. 3.10%, 05/01/50 (Call 11/01/49)		62		43,775
3.25%, 03/01/27 (Call 12/01/26)		45		42,509
4.10%, 03/01/48 (Call 09/01/47)		57		47,917
Stanley Black & Decker Inc. 4.00%, 03/15/60 (Call 03/15/25),
(5-year CMT + 2.657%)^(a)		27		21,293
4.85%, 11/15/48 (Call 05/15/48)		50		42,468

				262,640


Security	Par (000)		Value

Health Care - Products — 0.2%
Abbott Laboratories 4.75%, 04/15/43 (Call 10/15/42)	$	162	$	155,139
4.90%, 11/30/46 (Call 05/30/46)		400		389,612
5.30%, 05/27/40		190		194,991
6.00%, 04/01/39		175		193,000
6.15%, 11/30/37		175		194,033
Baxter International Inc. 2.54%, 02/01/32 (Call 11/01/31)^(b)		80		64,176
3.13%, 12/01/51 (Call 06/01/51)^(b)		227		144,363
3.50%, 08/15/46 (Call 02/15/46)		323		217,421
Boston Scientific Corp. 4.55%, 03/01/39 (Call 09/01/38)		111		100,070
4.70%, 03/01/49 (Call 09/01/48)		64		57,327
6.50%, 11/15/35		2		2,170
7.38%, 01/15/40		115		133,049
Danaher Corp. 2.60%, 10/01/50 (Call 04/01/50)		395		252,002
2.80%, 12/10/51 (Call 06/10/51)		540		355,379
4.38%, 09/15/45 (Call 03/15/45)		86		75,881
DENTSPLY SIRONA Inc., 3.25%, 06/01/30
(Call 03/01/30)		305		261,611
DH Europe Finance II Sarl 3.25%, 11/15/39 (Call 05/15/39)		220		174,761
3.40%, 11/15/49 (Call 05/15/49)		447		333,525
Edwards Lifesciences Corp., 4.30%, 06/15/28
(Call 03/15/28)		309		297,530
HCA Inc. 3.13%, 03/15/27		80		73,515
3.63%, 03/15/32		317		272,680
Medtronic Inc., 4.63%, 03/15/45		198		185,572
Revvity Inc. 2.25%, 09/15/31 (Call 06/15/31)		30		23,654
3.30%, 09/15/29 (Call 06/15/29)		238		211,568
3.63%, 03/15/51 (Call 09/15/50)		100		68,985
Smith & Nephew PLC, 2.03%, 10/14/30 (Call 07/14/30)		115		90,981
STERIS Irish FinCo UnLtd Co. 2.70%, 03/15/31 (Call 12/15/30)		310		256,082
3.75%, 03/15/51 (Call 09/15/50)		410		299,673
Stryker Corp. 2.90%, 06/15/50 (Call 12/15/49)		120		79,823
4.38%, 05/15/44 (Call 11/15/43)		59		50,612
4.63%, 03/15/46 (Call 09/15/45)		104		93,465
Thermo Fisher Scientific Inc. 4.10%, 08/15/47 (Call 02/15/47)		53		45,494
4.98%, 08/10/30 (Call 06/10/30)		65		64,808
5.09%, 08/10/33 (Call 05/10/33)		80		80,380
5.30%, 02/01/44 (Call 08/01/43)		178		177,505
Zimmer Biomet Holdings Inc. 2.60%, 11/24/31 (Call 08/24/31)		505		411,454
4.45%, 08/15/45 (Call 02/15/45)		139		115,373
5.75%, 11/30/39		75		72,197

				6,269,861

Health Care - Services — 0.6%
Aetna Inc. 3.88%, 08/15/47 (Call 02/15/47)		300		224,583
4.13%, 11/15/42 (Call 05/15/42)		185		146,814
4.50%, 05/15/42 (Call 11/15/41)		95		79,282
4.75%, 03/15/44 (Call 09/15/43)		184		158,188
6.63%, 06/15/36		181		194,189
6.75%, 12/15/37		129		140,540


Security	Par (000)		Value

Health Care - Services (continued)
Anthem Inc. 4.10%, 05/15/32 (Call 02/15/32)	$	100	$	92,109
4.55%, 05/15/52 (Call 11/15/51)		120		103,339
Centene Corp. 2.50%, 03/01/31 (Call 12/01/30)		260		207,311
2.63%, 08/01/31 (Call 05/01/31)		655		520,679
3.00%, 10/15/30 (Call 07/15/30)		75		62,421
3.38%, 02/15/30 (Call 02/15/25)		70		59,865
Elevance Health Inc. 2.55%, 03/15/31 (Call 12/15/30)		90		75,285
2.88%, 09/15/29 (Call 06/15/29)		141		124,373
3.13%, 05/15/50 (Call 11/15/49)		193		130,207
3.60%, 03/15/51 (Call 09/15/50)		195		142,941
3.65%, 12/01/27 (Call 09/01/27)		55		51,836
3.70%, 09/15/49 (Call 03/15/49)		195		145,330
4.10%, 03/01/28 (Call 12/01/27)		10		9,577
4.38%, 12/01/47 (Call 06/01/47)		191		161,109
4.55%, 03/01/48 (Call 09/01/47)		297		255,545
4.63%, 05/15/42		187		166,032
4.65%, 01/15/43		245		217,687
4.65%, 08/15/44 (Call 02/15/44)		67		58,443
4.75%, 02/15/33 (Call 11/15/32)		200		193,562
5.10%, 01/15/44		156		143,717
5.13%, 02/15/53 (Call 08/15/52)		255		238,759
5.35%, 10/15/25 (Call 09/15/25)		40		39,928
5.50%, 10/15/32 (Call 07/15/32)		345		351,441
5.85%, 01/15/36		60		60,542
5.95%, 12/15/34		55		56,294
6.10%, 10/15/52 (Call 04/15/52)		55		58,287
6.38%, 06/15/37		49		51,791
HCA Inc. 2.38%, 07/15/31 (Call 04/15/31)		10		7,904
3.50%, 09/01/30 (Call 03/01/30)		355		310,053
3.50%, 07/15/51 (Call 01/15/51)		274		182,503
4.13%, 06/15/29 (Call 03/15/29)		163		150,496
4.50%, 02/15/27 (Call 08/15/26)		584		564,413
4.63%, 03/15/52 (Call 09/15/51)		222		178,060
5.13%, 06/15/39 (Call 12/15/38)		194		175,622
5.20%, 06/01/28		100		98,494
5.25%, 04/15/25		585		580,016
5.25%, 06/15/26 (Call 12/15/25)		566		559,033
5.25%, 06/15/49 (Call 12/15/48)		379		330,715
5.50%, 06/01/33 (Call 03/01/33)		225		221,353
5.50%, 06/15/47 (Call 12/15/46)		429		389,871
5.88%, 02/01/29 (Call 08/01/28)		310		311,879
5.90%, 06/01/53 (Call 12/01/52)		125		119,826
Humana Inc. 3.13%, 08/15/29 (Call 05/15/29)		70		62,231
3.95%, 08/15/49 (Call 02/15/49)		111		86,041
4.63%, 12/01/42 (Call 06/01/42)		222		191,464
4.80%, 03/15/47 (Call 09/15/46)		160		141,374
4.88%, 04/01/30 (Call 01/01/30)		129		125,047
4.95%, 10/01/44 (Call 04/01/44)		245		217,822
5.75%, 03/01/28 (Call 02/01/28)		60		61,088
5.88%, 03/01/33 (Call 12/01/32)		100		103,434
Laboratory Corp. of America Holdings 2.70%, 06/01/31 (Call 03/01/31)		155		129,323
2.95%, 12/01/29 (Call 09/01/29)		537		471,416
4.70%, 02/01/45 (Call 08/01/44)		259		221,735


Security	Par (000)		Value

Health Care - Services (continued)
Providence St Joseph Health Obligated Group, Series A, 3.93%, 10/01/48 (Call 04/01/48)	$	35	$	26,056
Quest Diagnostics Inc. 2.80%, 06/30/31 (Call 03/30/31)		405		343,655
2.95%, 06/30/30 (Call 03/30/30)		426		369,125
3.45%, 06/01/26 (Call 03/01/26)		885		844,848
3.50%, 03/30/25 (Call 12/30/24)		514		497,223
4.20%, 06/30/29 (Call 03/30/29)		251		240,220
4.70%, 03/30/45 (Call 09/30/44)		245		212,944
UnitedHealth Group Inc. 2.75%, 05/15/40 (Call 11/15/39)		40		28,785
2.90%, 05/15/50 (Call 11/15/49)		110		73,105
2.95%, 10/15/27		5		4,636
3.13%, 05/15/60 (Call 11/15/59)		147		96,697
3.25%, 05/15/51 (Call 11/15/50)		170		120,557
3.50%, 08/15/39 (Call 02/15/39)		40		32,684
3.70%, 08/15/49 (Call 02/15/49)		176		136,201
3.75%, 10/15/47 (Call 04/15/47)		175		137,905
3.85%, 06/15/28		115		110,061
3.88%, 12/15/28		100		95,507
3.88%, 08/15/59 (Call 02/15/59)		173		133,227
3.95%, 10/15/42 (Call 04/15/42)		155		129,348
4.20%, 05/15/32 (Call 02/15/32)		170		160,536
4.20%, 01/15/47 (Call 07/15/46)		184		155,754
4.25%, 01/15/29 (Call 12/15/28)		300		290,766
4.25%, 03/15/43 (Call 09/15/42)		90		78,527
4.25%, 04/15/47 (Call 10/15/46)		192		163,062
4.25%, 06/15/48 (Call 12/15/47)		175		148,152
4.38%, 03/15/42 (Call 09/15/41)		115		101,968
4.45%, 12/15/48 (Call 06/15/48)		229		200,627
4.50%, 04/15/33 (Call 01/15/33)		365		351,499
4.63%, 07/15/35		221		213,605
4.63%, 11/15/41 (Call 05/15/41)		96		87,964
4.75%, 07/15/45		347		322,571
4.75%, 05/15/52 (Call 11/15/51)		200		182,174
4.95%, 05/15/62 (Call 11/15/61)		180		165,519
5.05%, 04/15/53 (Call 10/15/52)		300		286,329
5.20%, 04/15/63 (Call 10/15/62)		200		191,358
5.25%, 02/15/28 (Call 01/15/28)		10		10,194
5.35%, 02/15/33 (Call 11/15/32)		310		317,998
5.70%, 10/15/40 (Call 04/15/40)		169		174,785
5.80%, 03/15/36		170		179,962
5.88%, 02/15/53 (Call 08/15/52)		215		229,659
5.95%, 02/15/41 (Call 08/15/40)		105		110,245
6.05%, 02/15/63 (Call 08/15/62)		100		108,777
6.50%, 06/15/37		289		323,871
6.63%, 11/15/37		200		226,392
6.88%, 02/15/38		185		214,868

				19,343,165

Holding Companies - Diversified — 0.0%
Morgan Stanley Direct Lending Fund, 4.50%, 02/11/27 (Call 01/11/27)		25		23,347


Home Builders — 0.0%
MDC Holdings Inc. 3.97%, 08/06/61 (Call 02/06/61)		85		49,540
6.00%, 01/15/43 (Call 10/15/42)		145		126,842
Toll Brothers Finance Corp., 4.35%, 02/15/28 (Call 11/15/27)		20		18,766

				195,148


Security	Par (000)		Value

Home Furnishings — 0.0%
Leggett & Platt Inc. 3.50%, 11/15/27 (Call 08/15/27)	$	117	$	107,864
3.50%, 11/15/51 (Call 05/15/51)		100		68,785
3.80%, 11/15/24 (Call 08/15/24)		25		24,358
4.40%, 03/15/29 (Call 12/15/28)		195		184,285
Whirlpool Corp. 4.50%, 06/01/46 (Call 12/01/45)		67		54,192
4.60%, 05/15/50 (Call 11/15/49)^(b)		73		59,767
4.75%, 02/26/29 (Call 11/26/28)		77		74,911

				574,162

Household Products & Wares — 0.1%
Avery Dennison Corp. 2.25%, 02/15/32 (Call 11/15/31)		250		193,450
5.75%, 03/15/33 (Call 12/15/32)		200		201,830
Church & Dwight Co. Inc. 3.95%, 08/01/47 (Call 02/01/47)		15		12,167
5.00%, 06/15/52 (Call 12/15/51)		65		61,433
Clorox Co. (The) 1.80%, 05/15/30 (Call 02/15/30)		370		300,584
3.10%, 10/01/27 (Call 07/01/27)		871		805,335
3.90%, 05/15/28 (Call 02/15/28)		314		298,102
Kimberly-Clark Corp. 2.00%, 11/02/31 (Call 08/02/31)		100		81,983
2.75%, 02/15/26		234		222,969
2.88%, 02/07/50 (Call 08/07/49)		185		127,989
3.05%, 08/15/25		110		105,788
3.10%, 03/26/30 (Call 12/26/29)		573		516,932
3.20%, 04/25/29 (Call 01/25/29)		325		301,259
3.20%, 07/30/46 (Call 01/30/46)		225		163,742
3.90%, 05/04/47 (Call 11/04/46)		175		144,263
3.95%, 11/01/28 (Call 08/01/28)		225		217,962
4.50%, 02/16/33 (Call 11/16/32)		100		98,016
5.30%, 03/01/41		130		131,621
6.63%, 08/01/37		230		264,316

				4,249,741

Insurance — 0.5%
ACE Capital Trust II, Series N, 9.70%, 04/01/30		62		73,711
Aegon NV, 5.50%, 04/11/48 (Call 04/11/28), (6-mo. LIBOR US + 3.540%)^(a)		265		249,193
Aflac Inc. 3.60%, 04/01/30 (Call 01/01/30)		119		108,341
4.00%, 10/15/46 (Call 04/15/46)		25		19,338
4.75%, 01/15/49 (Call 07/15/48)		47		41,865
Allstate Corp. (The) 5.35%, 06/01/33		38		37,563
6.50%, 05/15/67 (Call 05/15/37), (3-mo. LIBOR US + 2.120%)^(a)		15		14,343
American Financial Group Inc./OH 4.50%, 06/15/47 (Call 12/15/46)		37		29,270
5.25%, 04/02/30 (Call 01/02/30)		65		63,649
American International Group Inc. 3.88%, 01/15/35 (Call 07/15/34)		5		4,320
4.20%, 04/01/28 (Call 01/01/28)		15		14,333
4.50%, 07/16/44 (Call 01/16/44)		155		131,494
4.75%, 04/01/48 (Call 10/01/47)		206		181,231
4.80%, 07/10/45 (Call 01/10/45)		225		198,614
Series A-9, 5.75%, 04/01/48 (Call 04/01/28), (3-mo. LIBOR US + 2.868%)^(a)		95		90,101


Security	Par (000)		Value

Insurance (continued)
Aon Corp. 3.75%, 05/02/29 (Call 02/02/29)	$	10	$	9,303
4.50%, 12/15/28 (Call 09/15/28)		59		57,099
6.25%, 09/30/40		50		52,054
Aon Global Ltd., 4.75%, 05/15/45 (Call 11/15/44)		92		80,189
Arch Capital Finance LLC, 5.03%, 12/15/46
(Call 06/15/46)		106		92,976
Arch Capital Group Ltd. 3.64%, 06/30/50 (Call 12/30/49)		95		68,493
7.35%, 05/01/34		52		58,015
Arch Capital Group U.S. Inc., 5.14%, 11/01/43		60		53,261
Arthur J Gallagher & Co., 3.05%, 03/09/52
(Call 09/09/51)		30		18,827
Assurant Inc. 3.70%, 02/22/30 (Call 11/22/29)		79		68,244
4.90%, 03/27/28 (Call 12/27/27)		104		100,511
Athene Holding Ltd., 6.15%, 04/03/30 (Call 01/03/30)		81		81,792
AXA SA, 8.60%, 12/15/30		780		942,123
AXIS Specialty Finance LLC 3.90%, 07/15/29 (Call 04/15/29)		45		40,830
4.90%, 01/15/40 (Call 01/15/30),
(5-year CMT + 3.186%)^(a)		50		39,974
Berkshire Hathaway Finance Corp. 3.85%, 03/15/52 (Call 09/15/51)		115		91,346
4.20%, 08/15/48 (Call 02/15/48)		237		206,240
4.25%, 01/15/49 (Call 07/15/48)		234		205,955
Brighthouse Financial Inc., 4.70%, 06/22/47
(Call 12/22/46)		43		31,957
Brown & Brown Inc., 4.50%, 03/15/29 (Call 12/15/28)		10		9,409
Chubb INA Holdings Inc. 3.05%, 12/15/61 (Call 06/15/61)		10		6,479
4.35%, 11/03/45 (Call 05/03/45)		100		87,373
6.70%, 05/15/36		25		27,988
CNO Financial Group Inc., 5.25%, 05/30/29
(Call 02/28/29)		181		172,643
Enstar Group Ltd., 4.95%, 06/01/29 (Call 03/01/29)		16		14,975
Equitable Holdings Inc. 4.35%, 04/20/28 (Call 01/20/28)		415		392,764
5.00%, 04/20/48 (Call 10/20/47)		412		346,991
7.00%, 04/01/28		60		63,257
Everest Reinsurance Holdings Inc. 3.13%, 10/15/52 (Call 04/15/52)		5		3,187
4.87%, 06/01/44		35		30,516
First American Financial Corp. 4.00%, 05/15/30 (Call 02/15/30)		190		165,243
4.60%, 11/15/24		80		78,558
Hartford Financial Services Group Inc. (The) 3.60%, 08/19/49 (Call 02/19/49)		139		101,394
4.30%, 04/15/43		60		47,681
4.40%, 03/15/48 (Call 09/15/47)		51		42,393
5.95%, 10/15/36		63		64,108
6.10%, 10/01/41		152		153,471
Lincoln National Corp. 3.05%, 01/15/30 (Call 10/15/29)^(b)		50		42,051
4.35%, 03/01/48 (Call 09/01/47)		124		89,845
6.30%, 10/09/37		52		51,770
7.00%, 06/15/40		165		173,225
Loews Corp., 6.00%, 02/01/35		30		30,984


Security	Par (000)		Value

Insurance (continued)
Manulife Financial Corp.
4.06%, 02/24/32 (Call 02/24/27), (5-year USD ICE Swap + 1.647%)^(a)	$	195	$	182,565
4.15%, 03/04/26		566		550,033
5.38%, 03/04/46		225		216,466
Markel Group Inc. 4.15%, 09/17/50 (Call 03/17/50)		75		56,595
5.00%, 05/20/49 (Call 11/20/48)		70		61,395
Marsh & McLennan Companies Inc. 3.50%, 03/10/25 (Call 12/10/24)		170		165,102
3.75%, 03/14/26 (Call 12/14/25)		199		192,268
4.20%, 03/01/48 (Call 09/01/47)		160		132,398
4.35%, 01/30/47 (Call 07/30/46)		192		162,664
4.38%, 03/15/29 (Call 12/15/28)		312		301,954
4.75%, 03/15/39 (Call 09/15/38)		110		101,957
4.90%, 03/15/49 (Call 09/15/48)		442		405,880
5.45%, 03/15/53 (Call 09/15/52)		35		34,520
5.88%, 08/01/33		70		73,315
MetLife Inc. 4.05%, 03/01/45		188		153,684
4.13%, 08/13/42		170		140,881
4.55%, 03/23/30 (Call 12/23/29)		116		112,751
4.60%, 05/13/46 (Call 11/13/45)		55		48,266
4.72%, 12/15/44		127		111,388
4.88%, 11/13/43		82		74,768
5.38%, 07/15/33		25		24,879
5.70%, 06/15/35		85		87,004
5.88%, 02/06/41		15		15,433
6.38%, 06/15/34		105		112,770
6.40%, 12/15/66 (Call 12/15/31)		202		201,105
6.50%, 12/15/32		60		65,047
10.75%, 08/01/69 (Call 08/01/34)		45		57,725
Munich Re America Corp., Series B, 7.45%, 12/15/26^(b)		75		80,030
Nationwide Financial Services Inc., 6.75%, 05/15/87		5		4,799
Principal Financial Group Inc. 3.10%, 11/15/26 (Call 08/15/26)		18		16,741
3.70%, 05/15/29 (Call 02/15/29)		97		88,899
4.30%, 11/15/46 (Call 05/15/46)		84		65,922
4.35%, 05/15/43		106		84,956
4.63%, 09/15/42		29		24,275
6.05%, 10/15/36		64		65,702
Progressive Corp. (The) 2.45%, 01/15/27		96		88,484
3.20%, 03/26/30 (Call 12/26/29)		175		156,195
3.70%, 01/26/45		39		29,397
3.95%, 03/26/50 (Call 09/26/49)		70		56,004
4.00%, 03/01/29 (Call 12/01/28)		69		66,337
4.13%, 04/15/47 (Call 10/15/46)		91		75,601
4.20%, 03/15/48 (Call 09/15/47)		133		111,447
4.35%, 04/25/44		110		92,389
4.95%, 06/15/33 (Call 03/15/33)		80		78,564
6.25%, 12/01/32		110		118,051
6.63%, 03/01/29		69		75,188
Prudential Financial Inc. 1.50%, 03/10/26 (Call 02/10/26)		194		177,498
2.10%, 03/10/30 (Call 12/10/29)		50		41,887
3.00%, 03/10/40 (Call 09/10/39)		30		22,137
3.70%, 10/01/50 (Call 07/01/30), (5-year CMT + 3.035%)^(a)		60		51,000


Security	Par (000)		Value

Insurance (continued)
3.70%, 03/13/51 (Call 09/13/50)	$	365	$	272,031
3.88%, 03/27/28 (Call 12/27/27)		64		61,021
3.91%, 12/07/47 (Call 06/07/47)		179		139,045
3.94%, 12/07/49 (Call 06/07/49)		205		157,452
4.35%, 02/25/50 (Call 08/25/49)		245		203,791
4.42%, 03/27/48 (Call 09/27/47)		118		98,990
4.50%, 09/15/47 (Call 09/15/27),
(3-mo. LIBOR US + 2.380%)^(a)		180		161,719
4.60%, 05/15/44		197		173,679
5.13%, 03/01/52 (Call 11/28/31),
(5-year CMT + 3.162%)^(a)		60		53,614
5.38%, 05/15/45 (Call 05/15/25),
(3-mo. LIBOR US + 3.031%)^(a)		298		291,453
5.70%, 12/14/36		480		489,576
5.75%, 07/15/33		115		120,997
6.00%, 09/01/52 (Call 06/01/32),
(5-year CMT + 3.234%)^(a)		10		9,567
6.63%, 12/01/37		45		49,724
6.63%, 06/21/40		187		202,622
6.75%, 03/01/53 (Call 12/01/32),
(5-year CMT + 2.848%)^(a)		5		4,940
Prudential Funding Asia PLC 3.13%, 04/14/30		85		74,845
3.63%, 03/24/32 (Call 12/24/31)		215		189,383
Selective Insurance Group Inc., 5.38%, 03/01/49 (Call 09/01/48)		40		35,946
Transatlantic Holdings Inc., 8.00%, 11/30/39		10		12,214
Travelers Companies Inc. (The) 2.55%, 04/27/50 (Call 10/27/49)		45		28,182
3.75%, 05/15/46 (Call 11/15/45)		143		110,510
4.00%, 05/30/47 (Call 11/30/46)		192		157,922
4.05%, 03/07/48 (Call 09/07/47)		60		49,714
4.10%, 03/04/49 (Call 09/04/48)		170		140,672
4.30%, 08/25/45 (Call 02/25/45)		165		139,613
4.60%, 08/01/43		87		78,191
5.35%, 11/01/40		190		189,683
6.25%, 06/15/37		242		264,148
6.75%, 06/20/36		149		169,441
Travelers Cos. Inc. (The), 5.45%, 05/25/53		80		80,884
Travelers Property Casualty Corp., 6.38%, 03/15/33		170		186,592
Unum Group 4.50%, 12/15/49 (Call 06/15/49)		35		26,349
5.75%, 08/15/42		100		91,297
Willis North America Inc. 3.88%, 09/15/49 (Call 03/15/49)		103		72,719
4.50%, 09/15/28 (Call 06/15/28)		59		56,156
5.05%, 09/15/48 (Call 03/15/48)		153		128,467
5.35%, 05/15/33		80		77,258
XLIT Ltd., 5.25%, 12/15/43		469		443,960

				16,561,543

Internet — 0.1%
Alibaba Group Holding Ltd. 3.25%, 02/09/61 (Call 08/09/60)		45		25,962
4.00%, 12/06/37 (Call 06/06/37)		165		133,894
4.20%, 12/06/47 (Call 06/06/47)		120		89,392
4.40%, 12/06/57 (Call 06/06/57)		140		103,282
Alphabet Inc., 2.25%, 08/15/60 (Call 02/15/60)^(b)		124		72,318
Amazon.com Inc. 2.50%, 06/03/50 (Call 12/03/49)		290		184,631
2.70%, 06/03/60 (Call 12/03/59)		319		196,297


Security	Par (000)		Value

Internet (continued)
3.10%, 05/12/51 (Call 11/12/50)	$	360	$	256,849
3.25%, 05/12/61 (Call 11/12/60)		220		152,603
3.95%, 04/13/52 (Call 10/13/51)		145		120,933
4.05%, 08/22/47 (Call 02/22/47)		392		338,512
4.10%, 04/13/62 (Call 10/13/61)		345		285,926
4.25%, 08/22/57 (Call 02/22/57)		361		312,251
4.65%, 12/01/29 (Call 10/01/29)		200		199,242
4.70%, 12/01/32 (Call 09/01/32)		200		198,662
4.95%, 12/05/44 (Call 06/05/44)		194		191,255
Booking Holdings Inc. 3.55%, 03/15/28 (Call 12/15/27)		94		88,696
3.60%, 06/01/26 (Call 03/01/26)		117		112,430
4.63%, 04/13/30 (Call 01/13/30)		125		122,199
eBay Inc. 1.90%, 03/11/25 (Call 02/11/25)		236		223,532
3.60%, 06/05/27 (Call 03/05/27)		219		206,664
3.65%, 05/10/51 (Call 11/10/50)		120		85,574
4.00%, 07/15/42 (Call 01/15/42)		232		181,466
JD.com Inc., 4.13%, 01/14/50 (Call 07/14/49)		200		147,238
Meta Platforms Inc. 4.45%, 08/15/52 (Call 02/15/52)		5		4,238
4.65%, 08/15/62 (Call 02/15/62)		15		12,744
VeriSign Inc., 2.70%, 06/15/31 (Call 03/15/31)		125		102,389

				4,149,179

Iron & Steel — 0.0%
ArcelorMittal SA, 6.80%, 11/29/32 (Call 08/29/32)		65		66,867
Nucor Corp. 2.98%, 12/15/55 (Call 06/15/55)		350		213,178
4.40%, 05/01/48 (Call 11/01/47)		120		99,739
5.20%, 08/01/43 (Call 02/01/43)		42		40,260
6.40%, 12/01/37		75		81,254
Steel Dynamics Inc. 2.80%, 12/15/24 (Call 11/15/24)		390		375,730
3.25%, 10/15/50 (Call 04/15/50)		60		38,764
3.45%, 04/15/30 (Call 01/15/30)		305		270,697

				1,186,489

Leisure Time — 0.0%
Harley-Davidson Inc. 3.50%, 07/28/25 (Call 04/28/25)		275		263,976
4.63%, 07/28/45 (Call 01/28/45)^(b)		145		111,006

				374,982

Lodging — 0.0%
Choice Hotels International Inc. 3.70%, 12/01/29 (Call 09/01/29)		95		83,956
3.70%, 01/15/31 (Call 10/15/30)		122		104,656
Marriott International Inc./MD
Series AA, 4.65%, 12/01/28 (Call 09/01/28)		130		125,124
Series FF, 4.63%, 06/15/30 (Call 03/15/30)		150		142,058
Series GG, 3.50%, 10/15/32 (Call 07/15/32)		100		84,937

				540,731

Machinery — 0.3%
ABB Finance USA Inc., 3.80%, 04/03/28 (Call 01/03/28)		150		144,504
Caterpillar Financial Services Corp. 2.40%, 08/09/26		345		321,185
4.35%, 05/15/26		200		196,792
Caterpillar Inc. 2.60%, 09/19/29 (Call 06/19/29)		216		193,197
3.25%, 09/19/49 (Call 03/19/49)		211		159,111


Security	Par (000)		Value

Machinery (continued)
3.25%, 04/09/50 (Call 10/09/49)	$	167	$	126,344
4.30%, 05/15/44 (Call 11/15/43)		35		31,442
4.75%, 05/15/64 (Call 11/15/63)		82		75,765
5.20%, 05/27/41		77		77,978
5.30%, 09/15/35		29		29,969
6.05%, 08/15/36		76		83,317
CNH Industrial Capital LLC 1.45%, 07/15/26 (Call 06/15/26)		820		733,539
1.88%, 01/15/26 (Call 12/15/25)		350		321,412
3.95%, 05/23/25		775		752,765
4.55%, 04/10/28 (Call 03/10/28)		390		377,161
5.45%, 10/14/25		100		99,673
CNH Industrial NV, 3.85%, 11/15/27 (Call 08/15/27)		967		913,012
Deere & Co. 3.10%, 04/15/30 (Call 01/15/30)		120		108,545
3.75%, 04/15/50 (Call 10/15/49)^(b)		120		102,506
5.38%, 10/16/29		65		67,068
7.13%, 03/03/31		5		5,789
Dover Corp., 5.38%, 03/01/41 (Call 12/01/40)		30		28,639
Flowserve Corp., 3.50%, 10/01/30 (Call 07/01/30)		85		72,819
IDEX Corp., 2.63%, 06/15/31 (Call 03/15/31)		50		41,188
John Deere Capital Corp. 1.75%, 03/09/27		174		156,283
2.25%, 09/14/26		185		171,273
2.45%, 01/09/30		102		88,838
2.65%, 06/10/26		305		286,349
2.80%, 09/08/27		158		146,191
2.80%, 07/18/29		90		81,165
3.05%, 01/06/28		149		138,849
3.35%, 04/18/29		50		46,421
3.45%, 03/07/29		50		46,548
4.05%, 09/08/25		45		44,096
4.15%, 09/15/27		50		48,784
4.35%, 09/15/32		50		48,485
4.70%, 06/10/30		120		118,486
4.75%, 06/08/26		120		119,335
4.75%, 01/20/28		50		49,801
4.80%, 01/09/26		50		49,703
4.85%, 10/11/29		50		50,034
4.95%, 06/06/25		70		69,689
4.95%, 07/14/28		25		25,084
nVent Finance Sarl, 5.65%, 05/15/33 (Call 02/15/33)		100		96,767
Oshkosh Corp. 3.10%, 03/01/30 (Call 12/01/29)		322		283,315
4.60%, 05/15/28 (Call 02/15/28)		708		691,320
Rockwell Automation Inc. 3.50%, 03/01/29 (Call 12/01/28)		364		341,166
4.20%, 03/01/49 (Call 09/01/48)		82		70,983
Westinghouse Air Brake Technologies Corp., 4.95%, 09/15/28 (Call 06/15/28)		49		47,256
Xylem Inc./NY 1.95%, 01/30/28 (Call 11/30/27)		918		805,582
2.25%, 01/30/31 (Call 10/30/30)		710		583,237
3.25%, 11/01/26 (Call 08/01/26)		450		423,463
4.38%, 11/01/46 (Call 05/01/46)		200		162,114

				10,354,337

Manufacturing — 0.4%
3M Co. 2.00%, 02/14/25 (Call 01/14/25)		2,316		2,199,459
2.25%, 09/19/26 (Call 06/19/26)		1,086		999,511


Security	Par (000)		Value

Manufacturing (continued)
2.38%, 08/26/29 (Call 05/26/29)^(b)	$	919	$	789,807
2.65%, 04/15/25 (Call 03/15/25)		1,014		967,133
2.88%, 10/15/27 (Call 07/15/27)^(b)		840		773,539
3.00%, 08/07/25^(b)		1,290		1,237,432
3.05%, 04/15/30 (Call 01/15/30)^(b)		235		209,761
3.38%, 03/01/29 (Call 12/01/28)^(b)		179		163,855
3.63%, 09/14/28 (Call 06/14/28)		640		598,694
3.63%, 10/15/47 (Call 04/15/47)		239		178,538
3.70%, 04/15/50 (Call 10/15/49)		15		11,495
4.00%, 09/14/48 (Call 03/14/48)^(b)		267		216,545
5.70%, 03/15/37^(b)		215		228,023
Carlisle Companies Inc., 2.75%, 03/01/30 (Call 12/01/29)		152		128,685
Eaton Corp.
3.10%, 09/15/27 (Call 06/15/27)		107		100,323
3.92%, 09/15/47 (Call 03/15/47)		65		53,243
4.00%, 11/02/32		102		95,300
4.15%, 03/15/33 (Call 12/15/32)		65		61,192
4.15%, 11/02/42		85		73,889
4.35%, 05/18/28 (Call 04/18/28)		40		39,282
4.70%, 08/23/52 (Call 02/23/52)		60		55,791
General Electric Co., 4.35%, 05/01/50 (Call 11/01/49)		5		4,156
Illinois Tool Works Inc.
3.90%, 09/01/42 (Call 03/01/42)		66		56,905
4.88%, 09/15/41 (Call 03/15/41)		40		38,787
Parker-Hannifin Corp.
3.25%, 06/14/29 (Call 03/14/29)		265		239,594
4.00%, 06/14/49 (Call 12/14/48)		93		75,321
4.10%, 03/01/47 (Call 09/01/46)		76		62,606
4.20%, 11/21/34 (Call 05/21/34)		80		72,414
4.45%, 11/21/44 (Call 05/21/44)		93		80,219
6.25%, 05/15/38		40		42,222
Pentair Finance Sarl
4.50%, 07/01/29 (Call 04/01/29)		435		406,603
5.90%, 07/15/32 (Call 04/15/32)		145		146,695
Teledyne Technologies Inc., 2.75%, 04/01/31 (Call 01/01/31)		535		446,024
Textron Inc.
3.00%, 06/01/30 (Call 03/01/30)		71		61,466
3.38%, 03/01/28 (Call 12/01/27)		95		86,878
3.65%, 03/15/27 (Call 12/15/26)		259		243,703
3.90%, 09/17/29 (Call 06/17/29)		117		107,594
4.00%, 03/15/26 (Call 12/15/25)		183		176,551

				11,529,235

Media — 0.5%
Charter Communications Operating LLC/Charter
Communications Operating Capital
3.70%, 04/01/51 (Call 10/01/50)		132		81,786
3.85%, 04/01/61 (Call 10/01/60)		255		152,217
3.90%, 06/01/52 (Call 12/01/51)		399		254,690
3.95%, 06/30/62 (Call 12/30/61)		195		117,390
4.40%, 04/01/33 (Call 01/01/33)^(b)		90		79,216
4.40%, 12/01/61 (Call 06/01/61)		270		177,698
4.80%, 03/01/50 (Call 09/01/49)		270		199,263
5.13%, 07/01/49 (Call 01/01/49)		249		191,488
5.25%, 04/01/53 (Call 10/01/52)		139		109,873
5.38%, 04/01/38 (Call 10/01/37)		80		67,603
5.38%, 05/01/47 (Call 11/01/46)		194		154,758
5.50%, 04/01/63 (Call 10/01/62)		165		129,723
5.75%, 04/01/48 (Call 10/01/47)		252		212,209


Security	Par (000)		Value

Media (continued)
6.38%, 10/23/35 (Call 04/23/35)	$	250	$	242,395
6.48%, 10/23/45 (Call 04/23/45)		375		344,287
6.83%, 10/23/55 (Call 04/23/55)		170		158,518
Comcast Corp. 2.45%, 08/15/52 (Call 02/15/52)		152		89,004
2.65%, 08/15/62 (Call 02/15/62)		109		62,359
2.80%, 01/15/51 (Call 07/15/50)		123		77,695
2.89%, 11/01/51 (Call 05/01/51)		377		240,903
2.94%, 11/01/56 (Call 05/01/56)		507		315,024
2.99%, 11/01/63 (Call 05/01/63)		799		481,941
3.40%, 07/15/46 (Call 01/15/46)		110		80,363
3.45%, 02/01/50 (Call 08/01/49)		275		200,574
3.75%, 04/01/40 (Call 10/01/39)		235		193,266
3.90%, 03/01/38 (Call 09/01/37)		196		166,806
3.97%, 11/01/47 (Call 05/01/47)		313		250,869
4.00%, 08/15/47 (Call 02/15/47)		144		115,417
4.00%, 03/01/48 (Call 09/01/47)		288		231,480
4.00%, 11/01/49 (Call 05/01/49)		286		227,762
4.05%, 11/01/52 (Call 05/01/52)		354		283,012
4.60%, 10/15/38 (Call 04/15/38)		150		137,842
4.60%, 08/15/45 (Call 02/15/45)		141		123,555
4.65%, 02/15/33 (Call 11/15/32)		275		268,276
4.65%, 07/15/42		234		209,924
4.70%, 10/15/48 (Call 04/15/48)		135		122,292
4.75%, 03/01/44		39		35,070
4.80%, 05/15/33 (Call 02/15/33)		50		48,886
4.95%, 10/15/58 (Call 04/15/58)		160		147,411
5.35%, 05/15/53		100		97,838
5.50%, 05/15/64		50		48,716
5.65%, 06/15/35		43		44,515
6.45%, 03/15/37		30		32,732
6.50%, 11/15/35		328		362,837
6.55%, 07/01/39		45		49,481
6.95%, 08/15/37		130		146,832
Discovery Communications LLC 4.00%, 09/15/55 (Call 03/15/55)		202		131,611
4.65%, 05/15/50 (Call 11/15/49)		238		177,769
4.88%, 04/01/43		85		67,429
5.00%, 09/20/37 (Call 03/20/37)		182		155,259
5.20%, 09/20/47 (Call 03/20/47)		212		171,538
5.30%, 05/15/49 (Call 11/15/48)		68		55,366
6.35%, 06/01/40		60		57,473
FactSet Research Systems Inc., 3.45%, 03/01/32 (Call 12/01/31)		210		177,782
Fox Corp. 5.48%, 01/25/39 (Call 07/25/38)		180		162,734
5.58%, 01/25/49 (Call 07/25/48)		384		342,048
Grupo Televisa SAB 5.00%, 05/13/45 (Call 11/13/44)		130		108,108
6.63%, 01/15/40		195		199,206
NBCUniversal Media LLC 4.45%, 01/15/43		166		145,189
6.40%, 04/30/40		40		43,311
Paramount Global 3.38%, 02/15/28 (Call 11/15/27)		32		28,395
3.70%, 06/01/28 (Call 03/01/28)		55		49,240
4.20%, 06/01/29 (Call 03/01/29)		100		89,345
4.38%, 03/15/43		172		118,480
4.60%, 01/15/45 (Call 07/15/44)		101		70,004
4.85%, 07/01/42 (Call 01/01/42)		110		79,709


Security	Par (000)		Value

Media (continued)
4.90%, 08/15/44 (Call 02/15/44)	$	167	$	119,028
4.95%, 01/15/31 (Call 10/15/30)		170		151,837
4.95%, 05/19/50 (Call 11/19/49)^(b)		190		138,856
5.25%, 04/01/44 (Call 10/01/43)		128		95,858
5.50%, 05/15/33		47		42,531
5.85%, 09/01/43 (Call 03/01/43)		230		190,270
5.90%, 10/15/40 (Call 04/15/40)		77		64,396
6.88%, 04/30/36		162		155,970
7.88%, 07/30/30		65		68,769
Thomson Reuters Corp. 5.50%, 08/15/35		60		58,664
5.85%, 04/15/40		85		83,097
Time Warner Cable Enterprises LLC, 8.38%, 07/15/33		122		135,602
Time Warner Cable LLC 5.50%, 09/01/41 (Call 03/01/41)		217		177,944
5.88%, 11/15/40 (Call 05/15/40)		149		129,131
6.55%, 05/01/37		130		123,363
6.75%, 06/15/39		217		209,375
7.30%, 07/01/38		165		166,746
TWDC Enterprises 18 Corp. 3.00%, 07/30/46		140		95,861
3.70%, 12/01/42		100		79,639
4.13%, 06/01/44		136		114,312
4.38%, 08/16/41		105		91,589
Series E, 4.13%, 12/01/41		120		102,048
Walt Disney Co. (The) 2.75%, 09/01/49 (Call 03/01/49)		265		170,040
3.50%, 05/13/40 (Call 11/13/39)		51		40,854
3.60%, 01/13/51 (Call 07/13/50)		490		367,598
3.80%, 05/13/60 (Call 11/13/59)		156		117,585
4.63%, 03/23/40 (Call 09/23/39)		142		131,709
4.70%, 03/23/50 (Call 09/23/49)^(b)		231		210,060
4.75%, 09/15/44 (Call 03/15/44)		65		59,427
4.75%, 11/15/46 (Call 05/15/46)		255		231,402
4.95%, 10/15/45 (Call 04/15/45)		42		38,820
5.40%, 10/01/43		142		141,276
6.15%, 03/01/37		40		42,149
6.15%, 02/15/41		29		31,077
6.20%, 12/15/34		115		124,630
6.40%, 12/15/35		154		168,784
6.65%, 11/15/37		250		281,555
7.75%, 12/01/45		200		254,220

				15,001,864

Metal Fabricate & Hardware — 0.0%
Timken Co. (The), 4.50%, 12/15/28 (Call 09/15/28)		64		60,643
Valmont Industries Inc. 5.00%, 10/01/44 (Call 04/01/44)		104		88,685
5.25%, 10/01/54 (Call 04/01/54)		15		12,825

				162,153

Mining — 0.1%
AngloGold Ashanti Holdings PLC, 3.75%, 10/01/30 (Call 07/01/30)		485		402,104
Freeport-McMoRan Inc. 4.63%, 08/01/30 (Call 08/01/25)		175		161,663
5.45%, 03/15/43 (Call 09/15/42)		15		13,442
Kinross Gold Corp., 4.50%, 07/15/27 (Call 04/15/27)		859		827,741
Newmont Corp. 2.60%, 07/15/32 (Call 04/15/32)		35		28,127
2.80%, 10/01/29 (Call 07/01/29)		560		483,129


Security	Par (000)		Value

Mining (continued)
4.88%, 03/15/42 (Call 09/15/41)	$	345	$	310,124
5.45%, 06/09/44 (Call 12/09/43)		105		99,867
6.25%, 10/01/39		218		227,293
Rio Tinto Finance USA Ltd., 5.20%, 11/02/40		190		186,325
Rio Tinto Finance USA PLC 4.75%, 03/22/42 (Call 09/22/41)		90		83,379
5.00%, 03/09/33 (Call 12/09/32)		125		124,174
5.13%, 03/09/53 (Call 09/09/52)		175		169,062
Yamana Gold Inc., 2.63%, 08/15/31 (Call 05/15/31)^(b)		75		59,136

				3,175,566

Office & Business Equipment — 0.0%
CDW LLC/CDW Finance Corp. 3.25%, 02/15/29 (Call 10/02/23)		165		143,834
3.57%, 12/01/31 (Call 09/01/31)		170		143,827
4.25%, 04/01/28 (Call 10/02/23)		185		171,014

				458,675

Oil & Gas — 0.8%
Apache Corp. 5.10%, 09/01/40 (Call 03/01/40)		5		4,171
6.00%, 01/15/37		35		32,753
BP Capital Markets America Inc. 2.77%, 11/10/50 (Call 05/10/50)		277		174,687
2.94%, 06/04/51 (Call 12/04/50)		265		173,225
3.00%, 02/24/50 (Call 08/24/49)		295		196,411
3.00%, 03/17/52 (Call 09/17/51)		150		98,480
3.02%, 01/16/27 (Call 10/16/26)		60		56,301
3.12%, 05/04/26 (Call 02/04/26)		120		114,091
3.38%, 02/08/61 (Call 08/08/60)		90		60,484
3.41%, 02/11/26 (Call 12/11/25)		87		83,622
3.54%, 04/06/27 (Call 02/06/27)		95		90,621
3.59%, 04/14/27 (Call 01/14/27)		103		98,123
3.63%, 04/06/30 (Call 01/06/30)		121		111,716
3.80%, 09/21/25 (Call 07/21/25)		85		82,747
3.94%, 09/21/28 (Call 06/21/28)		120		114,654
4.23%, 11/06/28 (Call 08/06/28)		228		220,059
4.81%, 02/13/33 (Call 11/13/32)		200		193,542
4.89%, 09/11/33 (Call 06/11/33)		120		116,808
BP Capital Markets PLC 3.28%, 09/19/27 (Call 06/19/27)		135		127,121
3.72%, 11/28/28 (Call 08/28/28)		95		89,288
Burlington Resources LLC 5.95%, 10/15/36		30		31,469
7.20%, 08/15/31		132		149,663
7.40%, 12/01/31		157		180,732
Chevron Corp., 3.08%, 05/11/50 (Call 11/11/49)		324		230,137
Chevron USA Inc., 5.25%, 11/15/43 (Call 05/15/43)		70		68,890
CNOOC Finance 2014 ULC, 4.88%, 04/30/44		200		184,084
CNOOC Petroleum North America ULC, 6.40%, 05/15/37		5		5,408
ConocoPhillips Co. 3.76%, 03/15/42 (Call 09/15/41)		317		256,830
3.80%, 03/15/52 (Call 09/15/51)		25		19,270
4.03%, 03/15/62 (Call 09/15/61)		540		413,332
4.30%, 11/15/44 (Call 05/15/44)		144		123,464
5.05%, 09/15/33 (Call 06/15/33)		160		159,040
5.30%, 05/15/53		120		117,235
5.55%, 03/15/54 (Call 09/15/53)		115		115,330
5.70%, 09/15/63 (Call 03/15/63)		100		100,704
5.90%, 10/15/32		182		194,593


Security	Par (000)		Value

Oil & Gas (continued)
6.50%, 02/01/39	$	60	$	66,843
6.95%, 04/15/29		110		120,976
Devon Energy Corp. 4.75%, 05/15/42 (Call 11/15/41)		159		132,622
5.00%, 06/15/45 (Call 12/15/44)		262		224,353
5.60%, 07/15/41 (Call 01/15/41)		190		176,269
7.88%, 09/30/31		20		22,478
Diamondback Energy Inc. 3.50%, 12/01/29 (Call 09/01/29)		293		265,051
4.25%, 03/15/52 (Call 09/15/51)		135		101,342
4.40%, 03/24/51 (Call 09/24/50)		83		64,467
6.25%, 03/15/53 (Call 09/15/52)		75		74,756
Eni USA Inc., 7.30%, 11/15/27		275		295,226
EOG Resources Inc. 3.90%, 04/01/35 (Call 10/01/34)		100		88,361
4.38%, 04/15/30 (Call 01/15/30)		203		197,308
4.95%, 04/15/50 (Call 10/15/49)		122		115,424
EQT Corp. 3.90%, 10/01/27 (Call 07/01/27)		95		88,858
5.00%, 01/15/29 (Call 07/15/28)		85		80,751
7.00%, 02/01/30 (Call 11/01/29)		380		398,605
Equinor ASA 2.38%, 05/22/30 (Call 02/22/30)		305		261,833
2.88%, 04/06/25 (Call 03/06/25)		420		405,170
3.00%, 04/06/27 (Call 02/06/27)		255		238,711
3.13%, 04/06/30 (Call 01/06/30)^(b)		380		344,641
3.25%, 11/10/24		800		779,120
3.25%, 11/18/49 (Call 05/18/49)		165		116,947
3.63%, 09/10/28 (Call 06/10/28)		194		184,182
3.70%, 04/06/50 (Call 10/06/49)		205		158,488
3.95%, 05/15/43		112		93,956
4.25%, 11/23/41		192		166,929
4.80%, 11/08/43		150		138,261
5.10%, 08/17/40		250		244,672
7.25%, 09/23/27		185		200,420
Exxon Mobil Corp. 2.44%, 08/16/29 (Call 05/16/29)		95		83,784
2.61%, 10/15/30 (Call 07/15/30)		314		272,053
3.10%, 08/16/49 (Call 02/16/49)		146		102,483
3.45%, 04/15/51 (Call 10/15/50)		251		186,684
3.48%, 03/19/30 (Call 12/19/29)		314		290,494
3.57%, 03/06/45 (Call 09/06/44)		117		91,202
4.11%, 03/01/46 (Call 09/01/45)		239		202,925
4.23%, 03/19/40 (Call 09/19/39)		371		331,548
4.33%, 03/19/50 (Call 09/19/49)		332		287,389
Hess Corp. 4.30%, 04/01/27 (Call 01/01/27)		480		461,765
5.60%, 02/15/41		259		243,815
6.00%, 01/15/40		267		261,898
7.13%, 03/15/33		310		338,260
7.30%, 08/15/31		403		439,407
7.88%, 10/01/29		150		165,664
Marathon Oil Corp. 4.40%, 07/15/27 (Call 04/15/27)		255		243,130
6.60%, 10/01/37		251		252,634
6.80%, 03/15/32		236		246,013
Marathon Petroleum Corp. 3.80%, 04/01/28 (Call 01/01/28)		155		144,858
4.50%, 04/01/48 (Call 10/01/47)		95		74,443
4.70%, 05/01/25 (Call 04/01/25)		171		168,038


Security	Par (000)		Value

Oil & Gas (continued)
4.75%, 09/15/44 (Call 03/15/44)	$	174	$	144,858
5.00%, 09/15/54 (Call 03/15/54)		96		78,412
5.13%, 12/15/26 (Call 09/15/26)		155		154,281
6.50%, 03/01/41 (Call 09/01/40)		113		115,401
Occidental Petroleum Corp. 4.40%, 04/15/46 (Call 10/15/45)		70		53,787
6.20%, 03/15/40		10		9,861
6.60%, 03/15/46 (Call 09/15/45)		205		210,756
6.63%, 09/01/30 (Call 03/01/30)		5		5,160
7.50%, 05/01/31		30		32,485
7.88%, 09/15/31		10		11,087
7.95%, 06/15/39		10		11,212
Ovintiv Inc. 5.38%, 01/01/26 (Call 10/01/25)		75		74,445
5.65%, 05/15/25		140		139,758
5.65%, 05/15/28 (Call 04/15/28)		140		139,133
6.25%, 07/15/33 (Call 04/15/33)		105		104,773
6.50%, 08/15/34		230		233,110
6.50%, 02/01/38		152		149,530
6.63%, 08/15/37		215		214,048
7.10%, 07/15/53		100		103,470
7.20%, 11/01/31		315		332,139
7.38%, 11/01/31		122		130,733
8.13%, 09/15/30		130		144,245
Phillips 66 3.30%, 03/15/52 (Call 09/15/51)		255		170,383
3.90%, 03/15/28 (Call 12/15/27)		210		198,891
4.65%, 11/15/34 (Call 05/15/34)		129		120,941
4.88%, 11/15/44 (Call 05/15/44)		325		293,267
5.30%, 06/30/33 (Call 03/30/33)		5		4,948
5.88%, 05/01/42		52		53,065
Phillips 66 Co. 4.68%, 02/15/45		2		1,688
4.90%, 10/01/46		25		21,891
Shell International Finance BV 3.00%, 11/26/51 (Call 05/26/51)		365		244,459
3.25%, 04/06/50 (Call 10/06/49)		645		457,989
3.75%, 09/12/46		80		62,781
4.00%, 05/10/46		525		430,909
4.13%, 05/11/35		435		396,798
4.38%, 05/11/45		170		147,383
6.38%, 12/15/38		390		428,945
TotalEnergies Capital International SA 2.43%, 01/10/25 (Call 10/10/24)		440		423,214
2.83%, 01/10/30 (Call 10/10/29)		250		221,947
2.99%, 06/29/41 (Call 12/29/40)		140		102,523
3.13%, 05/29/50 (Call 11/29/49)		333		230,399
3.39%, 06/29/60 (Call 12/29/59)		45		31,117
3.45%, 02/19/29 (Call 11/19/28)		225		209,239
3.46%, 07/12/49 (Call 01/12/49)		215		159,979
TotalEnergies Capital SA, 3.88%, 10/11/28		250		238,410
Valero Energy Corp. 3.65%, 12/01/51 (Call 06/01/51)		270		184,170
4.00%, 06/01/52 (Call 12/01/51)		35		25,576
4.35%, 06/01/28 (Call 03/01/28)		238		227,630
4.90%, 03/15/45		71		61,471
6.63%, 06/15/37		305		324,502
7.50%, 04/15/32		126		141,031

				23,532,822


Security	Par (000)		Value

Oil & Gas Services — 0.1%
Baker Hughes Holdings LLC, 5.13%, 09/15/40	$	451	$	426,439
Baker Hughes Holdings LLC/Baker Hughes Co-Obligor Inc.
2.06%, 12/15/26 (Call 11/15/26)		45		40,690
3.14%, 11/07/29 (Call 08/07/29)		412		366,313
3.34%, 12/15/27 (Call 09/15/27)		911		845,089
4.08%, 12/15/47 (Call 06/15/47)		192		152,682
Halliburton Co. 2.92%, 03/01/30 (Call 12/01/29)		218		190,214
3.80%, 11/15/25 (Call 08/15/25)		79		76,993
4.50%, 11/15/41 (Call 05/15/41)		85		71,562
4.75%, 08/01/43 (Call 02/01/43)		185		159,870
4.85%, 11/15/35 (Call 05/15/35)		285		267,008
5.00%, 11/15/45 (Call 05/15/45)		229		206,334
6.70%, 09/15/38		183		201,278
7.45%, 09/15/39		184		214,811
NOV Inc. 3.60%, 12/01/29 (Call 09/01/29)		311		278,662
3.95%, 12/01/42 (Call 06/01/42)		120		88,776
Schlumberger Investment SA 2.65%, 06/26/30 (Call 03/26/30)		355		306,961
4.50%, 05/15/28		100		98,177
4.85%, 05/15/33		100		97,691

				4,089,550

Packaging & Containers — 0.0%
Amcor Finance USA Inc. 3.63%, 04/28/26 (Call 01/28/26)		502		475,796
4.50%, 05/15/28 (Call 02/15/28)		181		172,837
5.63%, 05/26/33 (Call 02/26/33)		175		173,948
Amcor Flexibles North America Inc. 2.63%, 06/19/30 (Call 03/19/30)		260		214,016
2.69%, 05/25/31 (Call 02/25/31)		40		32,596
4.00%, 05/17/25 (Call 04/17/25)		100		96,998
Packaging Corp. of America, 4.05%, 12/15/49 (Call 06/15/49)		57		44,253
WestRock MWV LLC, 8.20%, 01/15/30		45		50,830
WRKCo Inc., 4.20%, 06/01/32 (Call 03/01/32)		10		9,111

				1,270,385

Pharmaceuticals — 1.1%
AbbVie Inc. 4.05%, 11/21/39 (Call 05/21/39)		408		349,819
4.25%, 11/14/28 (Call 08/14/28)		10		9,679
4.25%, 11/21/49 (Call 05/21/49)		549		462,247
4.30%, 05/14/36 (Call 11/14/35)		238		218,236
4.40%, 11/06/42		312		272,388
4.45%, 05/14/46 (Call 11/14/45)		410		354,625
4.50%, 05/14/35 (Call 11/14/34)		525		493,852
4.63%, 10/01/42 (Call 04/01/42)		112		99,365
4.70%, 05/14/45 (Call 11/14/44)		478		429,105
4.88%, 11/14/48 (Call 05/14/48)		263		242,491
Astrazeneca Finance LLC 4.88%, 03/03/28 (Call 02/03/28)		100		99,626
4.88%, 03/03/33 (Call 12/03/32)		150		150,047
4.90%, 03/03/30 (Call 01/03/30)		100		99,450
AstraZeneca PLC 3.13%, 06/12/27 (Call 03/12/27)		350		327,890
3.38%, 11/16/25		842		808,926
4.00%, 01/17/29 (Call 10/17/28)		444		425,769
4.00%, 09/18/42		269		231,278


Security	Par (000)		Value

Pharmaceuticals (continued)
4.38%, 11/16/45	$	225	$	199,942
4.38%, 08/17/48 (Call 02/17/48)		159		142,211
6.45%, 09/15/37		625		702,812
Becton Dickinson and Co. 3.70%, 06/06/27 (Call 03/06/27)		260		246,628
3.79%, 05/20/50 (Call 11/20/49)		59		45,615
4.67%, 06/06/47 (Call 12/06/46)		187		165,291
4.69%, 12/15/44 (Call 06/15/44)		123		109,004
Bristol-Myers Squibb Co. 2.55%, 11/13/50 (Call 05/13/50)		85		51,975
2.95%, 03/15/32 (Call 12/15/31)		10		8,661
3.25%, 08/01/42		93		69,390
3.55%, 03/15/42 (Call 09/15/41)		10		7,938
3.70%, 03/15/52 (Call 09/15/51)		265		203,727
3.90%, 03/15/62 (Call 09/15/61)		345		261,448
4.25%, 10/26/49 (Call 04/26/49)		383		323,256
4.35%, 11/15/47 (Call 05/15/47)		293		252,516
4.55%, 02/20/48 (Call 08/20/47)		390		345,559
5.00%, 08/15/45 (Call 02/15/45)		120		115,469
Cardinal Health Inc. 3.41%, 06/15/27 (Call 03/15/27)		90		84,277
4.37%, 06/15/47 (Call 12/15/46)		237		189,515
4.50%, 11/15/44 (Call 05/15/44)		86		68,817
4.60%, 03/15/43		105		85,329
4.90%, 09/15/45 (Call 03/15/45)		125		104,674
Cencora Inc. 3.45%, 12/15/27 (Call 09/15/27)		165		154,938
4.25%, 03/01/45 (Call 09/01/44)		132		106,773
4.30%, 12/15/47 (Call 06/15/47)		199		165,544
Cigna Group (The) 2.40%, 03/15/30 (Call 12/15/29)		516		434,085
3.20%, 03/15/40 (Call 09/15/39)		120		89,232
3.40%, 03/15/50 (Call 09/15/49)		334		233,319
3.40%, 03/15/51 (Call 09/15/50)		115		80,224
3.88%, 10/15/47 (Call 04/15/47)		291		221,698
4.13%, 11/15/25 (Call 09/15/25)		581		565,679
4.38%, 10/15/28 (Call 07/15/28)		731		703,361
4.80%, 08/15/38 (Call 02/15/38)		538		494,261
4.80%, 07/15/46 (Call 01/16/46)		180		159,368
4.90%, 12/15/48 (Call 06/15/48)		325		289,084
5.40%, 03/15/33 (Call 12/15/32)		170		170,638
6.13%, 11/15/41		159		165,134
CVS Health Corp. 3.63%, 04/01/27 (Call 02/01/27)		20		18,928
3.75%, 04/01/30 (Call 01/01/30)		15		13,642
4.13%, 04/01/40 (Call 10/01/39)		10		8,134
4.25%, 04/01/50 (Call 10/01/49)		268		211,674
4.30%, 03/25/28 (Call 12/25/27)		623		598,753
4.78%, 03/25/38 (Call 09/25/37)		817		732,220
4.88%, 07/20/35 (Call 01/20/35)		282		262,393
5.05%, 03/25/48 (Call 09/25/47)		891		782,387
5.13%, 07/20/45 (Call 01/20/45)		370		329,437
5.25%, 02/21/33 (Call 11/21/32)		215		210,216
5.30%, 12/05/43 (Call 06/05/43)		280		256,284
5.63%, 02/21/53 (Call 08/21/52)		315		298,195
5.88%, 06/01/53 (Call 12/01/52)		240		234,223
6.00%, 06/01/63 (Call 12/01/62)		205		200,689
6.13%, 09/15/39		80		80,862
6.25%, 06/01/27		35		36,015


Security	Par (000)		Value

Pharmaceuticals (continued)
Eli Lilly & Co. 2.50%, 09/15/60 (Call 03/15/60)	$	15	$	8,924
3.10%, 05/15/27 (Call 02/15/27)		275		260,774
3.38%, 03/15/29 (Call 12/15/28)		535		500,305
3.70%, 03/01/45 (Call 09/01/44)		130		107,426
3.95%, 03/15/49 (Call 09/15/48)		35		30,107
4.70%, 02/27/33 (Call 11/27/32)		95		94,779
4.88%, 02/27/53 (Call 08/27/52)		120		117,965
4.95%, 02/27/63 (Call 08/27/62)		40		39,062
5.50%, 03/15/27		115		118,475
5.55%, 03/15/37		170		180,052
GlaxoSmithKline Capital Inc. 3.63%, 05/15/25		460		448,468
3.88%, 05/15/28		364		351,224
4.20%, 03/18/43		115		101,155
6.38%, 05/15/38		286		325,537
GlaxoSmithKline Capital PLC, 3.38%, 06/01/29 (Call 03/01/29)		164		152,574
Johnson & Johnson 2.45%, 09/01/60 (Call 03/01/60)		35		21,483
3.40%, 01/15/38 (Call 07/15/37)		236		200,222
3.50%, 01/15/48 (Call 07/15/47)		102		82,926
3.70%, 03/01/46 (Call 09/01/45)		195		161,922
3.75%, 03/03/47 (Call 09/03/46)		155		130,719
4.50%, 12/05/43 (Call 06/05/43)		173		166,300
4.85%, 05/15/41		57		55,952
5.85%, 07/15/38		230		251,836
5.95%, 08/15/37		127		140,548
Mead Johnson Nutrition Co. 4.13%, 11/15/25 (Call 08/15/25)		630		613,393
4.60%, 06/01/44 (Call 12/01/43)		132		117,271
5.90%, 11/01/39		183		187,328
Merck & Co. Inc. 1.70%, 06/10/27 (Call 05/10/27)		70		62,753
1.90%, 12/10/28 (Call 10/10/28)		80		69,478
2.15%, 12/10/31 (Call 09/10/31)		65		53,126
2.45%, 06/24/50 (Call 12/24/49)		150		93,204
2.75%, 12/10/51 (Call 06/10/51)		280		183,243
2.90%, 12/10/61 (Call 06/10/61)		365		228,961
3.40%, 03/07/29 (Call 12/07/28)		425		395,611
3.60%, 09/15/42 (Call 03/15/42)		60		48,989
3.70%, 02/10/45 (Call 08/10/44)		290		236,539
3.90%, 03/07/39 (Call 09/07/38)		195		170,372
4.00%, 03/07/49 (Call 09/07/48)		161		136,024
4.05%, 05/17/28^(b)		90		87,800
4.15%, 05/18/43		135		119,318
4.30%, 05/17/30		180		174,341
4.50%, 05/17/33 (Call 02/17/33)		200		194,802
4.90%, 05/17/44		120		116,365
5.00%, 05/17/53 (Call 11/17/52)		100		97,566
5.15%, 05/17/63 (Call 11/17/62)		125		121,731
6.50%, 12/01/33		136		152,491
6.55%, 09/15/37		32		35,915
Merck Sharp & Dohme Corp. 5.75%, 11/15/36		87		91,546
5.95%, 12/01/28		70		73,733
Novartis Capital Corp. 2.75%, 08/14/50 (Call 02/14/50)		25		17,137
4.00%, 11/20/45 (Call 05/20/45)		10		8,600


Security	Par (000)		Value

Pharmaceuticals (continued)
Pfizer Inc. 2.70%, 05/28/50 (Call 11/28/49)	$	115	$	77,821
4.00%, 03/15/49 (Call 09/15/48)		175		150,096
4.10%, 09/15/38 (Call 03/15/38)		60		53,753
4.13%, 12/15/46		25		21,611
4.20%, 09/15/48 (Call 03/15/48)		225		198,601
7.20%, 03/15/39		205		247,585
Pfizer Investment Enterprises Pte Ltd. 4.45%, 05/19/26 (Call 04/19/26)		780		767,263
4.45%, 05/19/28 (Call 04/19/28)		780		765,001
4.75%, 05/19/33 (Call 02/19/33)		935		920,003
5.30%, 05/19/53 (Call 11/19/52)		990		990,228
5.34%, 05/19/63		5		4,924
Pfizer Investment Enterprises Pte. Ltd., 4.65%, 05/19/25		780		772,340
Takeda Pharmaceutical Co. Ltd. 3.18%, 07/09/50 (Call 01/09/50)		195		130,968
3.38%, 07/09/60 (Call 01/09/60)		150		97,598
Zoetis Inc. 3.00%, 09/12/27 (Call 06/12/27)		860		799,723
3.90%, 08/20/28 (Call 05/20/28)		241		230,374
3.95%, 09/12/47 (Call 03/12/47)		365		291,704
4.45%, 08/20/48 (Call 02/20/48)		136		117,412
4.50%, 11/13/25 (Call 08/13/25)		1,002		986,239
4.70%, 02/01/43 (Call 08/01/42)		450		406,813
5.60%, 11/16/32 (Call 08/16/32)		150		154,691

				33,287,357

Pipelines — 0.8%
Boardwalk Pipelines LP 3.40%, 02/15/31 (Call 11/15/30)		114		97,161
4.80%, 05/03/29 (Call 02/03/29)		115		109,431
Cheniere Corpus Christi Holdings LLC 2.74%, 12/31/39 (Call 07/04/39)		60		46,450
3.70%, 11/15/29 (Call 05/18/29)		452		410,841
5.13%, 06/30/27 (Call 01/01/27)		282		279,079
5.88%, 03/31/25 (Call 10/02/24)		660		657,967
Cheniere Energy Inc., 4.63%, 10/15/28 (Call 10/15/23)		665		626,217
Cheniere Energy Partners LP 4.00%, 03/01/31 (Call 03/01/26)		35		30,861
5.95%, 06/30/33 (Call 12/30/32)^(e)		56		55,905
Columbia Pipeline Group Inc., 5.80%, 06/01/45 (Call 12/01/44)		100		92,633
Enbridge Energy Partners LP 7.38%, 10/15/45 (Call 04/15/45)		85		95,968
Series B, 7.50%, 04/15/38		55		60,663
Enbridge Inc. 2.50%, 01/15/25 (Call 12/15/24)		252		241,343
2.50%, 08/01/33 (Call 05/01/33)		535		414,919
3.13%, 11/15/29 (Call 08/15/29)		205		181,095
3.40%, 08/01/51 (Call 02/01/51)		200		134,340
3.70%, 07/15/27 (Call 04/15/27)		99		93,350
4.00%, 11/15/49 (Call 05/15/49)		180		134,942
4.25%, 12/01/26 (Call 09/01/26)		165		159,253
4.50%, 06/10/44 (Call 12/10/43)		115		93,868
5.50%, 12/01/46 (Call 06/01/46)		110		102,095
5.70%, 03/08/33 (Call 12/08/32)		320		320,150
Energy Transfer LP 4.15%, 09/15/29 (Call 06/15/29)		175		161,137
5.00%, 05/15/44 (Call 11/15/43)		71		57,964
5.00%, 05/15/50 (Call 11/15/49)		350		288,015


Security	Par (000)		Value

Pipelines (continued)
5.40%, 10/01/47 (Call 04/01/47)	$	10	$	8,612
6.00%, 06/15/48 (Call 12/15/47)		70		64,647
6.25%, 04/15/49 (Call 10/15/48)		25		23,897
6.63%, 10/15/36		240		245,453
7.50%, 07/01/38		205		222,636
Enterprise Products Operating LLC 2.80%, 01/31/30 (Call 10/31/29)		127		110,115
3.13%, 07/31/29 (Call 04/30/29)		80		71,655
3.70%, 01/31/51 (Call 07/31/50)		65		47,574
3.95%, 01/31/60 (Call 07/31/59)		91		67,291
4.15%, 10/16/28 (Call 07/16/28)		80		76,426
4.20%, 01/31/50 (Call 07/31/49)		86		68,826
4.25%, 02/15/48 (Call 08/15/47)		127		103,463
4.45%, 02/15/43 (Call 08/15/42)		68		57,782
4.80%, 02/01/49 (Call 08/01/48)		156		137,071
4.85%, 08/15/42 (Call 02/15/42)		97		87,055
4.85%, 03/15/44 (Call 09/15/43)		65		58,009
4.90%, 05/15/46 (Call 11/15/45)		163		144,555
4.95%, 10/15/54 (Call 04/15/54)		124		109,852
5.10%, 02/15/45 (Call 08/15/44)		209		191,601
5.38%, 02/15/78 (Call 02/15/28), (3-mo. SOFR + 2.832%)^(a)		195		162,059
5.70%, 02/15/42		103		101,373
5.95%, 02/01/41		103		105,234
6.13%, 10/15/39		70		72,752
6.45%, 09/01/40		99		105,185
7.55%, 04/15/38		39		44,737
Series D, 6.88%, 03/01/33		45		49,926
Series E, 5.25%, 08/16/77 (Call 08/16/27), (3-mo. SOFR + 3.295%)^(a)		25		22,011
Series H, 6.65%, 10/15/34		35		37,863
Kinder Morgan Energy Partners LP 4.70%, 11/01/42 (Call 05/01/42)		53		43,046
5.00%, 08/15/42 (Call 02/15/42)		75		62,916
5.00%, 03/01/43 (Call 09/01/42)		120		101,618
5.40%, 09/01/44 (Call 03/01/44)		154		134,163
5.50%, 03/01/44 (Call 09/01/43)		216		192,782
5.63%, 09/01/41		65		59,026
5.80%, 03/15/35		60		58,688
6.38%, 03/01/41		134		132,535
6.50%, 02/01/37		117		116,894
6.50%, 09/01/39		103		103,709
6.55%, 09/15/40		69		68,500
6.95%, 01/15/38		265		283,569
7.30%, 08/15/33		82		89,147
7.40%, 03/15/31		45		48,729
7.50%, 11/15/40		31		33,762
7.75%, 03/15/32		90		99,522
Kinder Morgan Inc. 3.25%, 08/01/50 (Call 02/01/50)		122		76,828
3.60%, 02/15/51 (Call 08/15/50)		65		43,731
4.30%, 03/01/28 (Call 12/01/27)		137		130,569
4.80%, 02/01/33 (Call 11/01/32)		100		93,206
5.05%, 02/15/46 (Call 08/15/45)		30		25,258
5.20%, 06/01/33 (Call 03/01/33)		105		100,568
5.20%, 03/01/48 (Call 09/01/47)		184		158,507
5.30%, 12/01/34 (Call 06/01/34)		180		171,302
5.45%, 08/01/52 (Call 02/01/52)		130		116,113
5.55%, 06/01/45 (Call 12/01/44)		226		204,444
7.75%, 01/15/32		122		136,390


Security	Par (000)		Value

Pipelines (continued)
7.80%, 08/01/31	$	45	$	50,237
Magellan Midstream Partners LP 3.95%, 03/01/50 (Call 09/01/49)		180		126,034
4.20%, 10/03/47 (Call 04/03/47)		75		55,259
4.25%, 09/15/46 (Call 03/15/46)		90		66,328
4.85%, 02/01/49 (Call 08/01/48)		69		55,978
5.15%, 10/15/43 (Call 04/15/43)		72		61,000
MPLX LP 4.00%, 03/15/28 (Call 12/15/27)		84		78,858
4.25%, 12/01/27 (Call 09/01/27)		155		147,548
4.50%, 04/15/38 (Call 10/15/37)		181		153,340
4.70%, 04/15/48 (Call 10/15/47)		323		259,353
4.80%, 02/15/29 (Call 11/15/28)		148		142,545
4.90%, 04/15/58 (Call 10/15/57)		87		69,216
4.95%, 03/14/52 (Call 09/14/51)		115		94,727
5.20%, 03/01/47 (Call 09/01/46)		177		152,535
5.50%, 02/15/49 (Call 08/15/48)		271		241,350
Northwest Pipeline LLC, 4.00%, 04/01/27 (Call 01/01/27)		27		25,693
ONEOK Inc. 2.20%, 09/15/25 (Call 08/15/25)		1,629		1,516,338
2.75%, 09/01/24 (Call 08/01/24)		170		164,793
3.10%, 03/15/30 (Call 12/15/29)		180		154,512
3.40%, 09/01/29 (Call 06/01/29)		105		92,669
4.00%, 07/13/27 (Call 04/13/27)		404		382,463
4.35%, 03/15/29 (Call 12/15/28)		160		149,670
4.45%, 09/01/49 (Call 03/01/49)		165		123,734
4.50%, 03/15/50 (Call 09/15/49)		128		96,084
4.55%, 07/15/28 (Call 04/15/28)		408		389,044
4.90%, 03/15/25 (Call 12/15/24)		460		452,741
4.95%, 07/13/47 (Call 01/06/47)		332		272,917
5.20%, 07/15/48 (Call 01/15/48)		230		196,703
5.55%, 11/01/26 (Call 10/01/26)		225		225,106
5.65%, 11/01/28 (Call 10/01/28)		225		225,383
5.80%, 11/01/30		175		175,543
5.85%, 01/15/26 (Call 12/15/25)		5		5,026
6.00%, 06/15/35		110		108,050
6.05%, 09/01/33 (Call 06/01/33)		225		226,784
6.10%, 11/15/32 (Call 08/15/32)		120		121,812
6.35%, 01/15/31 (Call 10/15/30)		145		148,845
6.63%, 09/01/53		100		100,883
7.15%, 01/15/51 (Call 07/15/50)		137		145,036
ONEOK Partners LP 6.13%, 02/01/41 (Call 08/01/40)		136		131,315
6.20%, 09/15/43 (Call 03/15/43)		136		131,866
6.65%, 10/01/36		235		241,397
6.85%, 10/15/37		190		198,987
Plains All American Pipeline LP/PAA Finance Corp. 3.55%, 12/15/29 (Call 09/15/29)		42		36,971
4.70%, 06/15/44 (Call 12/15/43)		102		79,888
5.15%, 06/01/42 (Call 12/01/41)		75		62,004
6.65%, 01/15/37		52		52,774
Sabine Pass Liquefaction LLC 4.20%, 03/15/28 (Call 09/15/27)		167		158,251
4.50%, 05/15/30 (Call 11/15/29)		226		212,720
5.00%, 03/15/27 (Call 09/15/26)		242		237,903
5.90%, 09/15/37		60		59,867
Spectra Energy Partners LP 3.38%, 10/15/26 (Call 07/15/26)		95		89,448
3.50%, 03/15/25 (Call 12/15/24)		130		125,536


Security	Par (000)		Value

Pipelines (continued)
4.50%, 03/15/45 (Call 09/15/44)	$	149	$	119,775
5.95%, 09/25/43 (Call 03/25/43)		257		246,139
Targa Resources Corp. 4.95%, 04/15/52 (Call 10/15/51)		20		16,232
6.50%, 02/15/53 (Call 08/15/52)		10		9,999
TC PipeLines LP, 3.90%, 05/25/27 (Call 02/25/27)		115		108,585
Tennessee Gas Pipeline Co. LLC 7.00%, 03/15/27		60		62,513
7.00%, 10/15/28		5		5,303
7.63%, 04/01/37		10		11,349
Texas Eastern Transmission LP, 7.00%, 07/15/32		192		211,914
TransCanada PipeLines Ltd. 4.10%, 04/15/30 (Call 01/15/30)		164		150,322
4.25%, 05/15/28 (Call 02/15/28)		145		138,073
4.63%, 03/01/34 (Call 12/01/33)		127		114,892
4.75%, 05/15/38 (Call 11/15/37)		95		83,097
4.88%, 05/15/48 (Call 11/15/47)		144		122,364
5.10%, 03/15/49 (Call 09/15/48)		139		122,003
5.60%, 03/31/34		17		16,460
5.85%, 03/15/36		70		69,426
6.10%, 06/01/40		65		65,432
6.20%, 10/15/37		219		222,064
7.25%, 08/15/38		99		110,071
7.63%, 01/15/39		135		153,600
Transcontinental Gas Pipe Line Co. LLC 3.95%, 05/15/50 (Call 11/15/49)		145		108,780
4.00%, 03/15/28 (Call 12/15/27)		15		14,160
4.45%, 08/01/42 (Call 02/01/42)		17		14,151
4.60%, 03/15/48 (Call 09/15/47)		132		110,137
5.40%, 08/15/41 (Call 02/15/41)		58		54,214
Valero Energy Partners LP, 4.50%, 03/15/28 (Call 12/15/27)		165		158,842
Western Midstream Operating LP 4.05%, 02/01/30 (Call 11/01/29)		80		71,314
5.25%, 02/01/50 (Call 08/01/49)		250		202,020
5.30%, 03/01/48 (Call 09/01/47)		10		8,185
5.45%, 04/01/44 (Call 10/01/43)		50		41,940
5.50%, 08/15/48 (Call 02/15/48)		105		87,130
6.15%, 04/01/33 (Call 01/01/33)		420		417,871
Williams Companies Inc. (The) 3.75%, 06/15/27 (Call 03/15/27)		127		119,577
4.85%, 03/01/48 (Call 09/01/47)		115		98,017
4.90%, 01/15/45 (Call 07/15/44)		182		155,042
5.10%, 09/15/45 (Call 03/15/45)		211		185,764
5.40%, 03/04/44 (Call 09/04/43)		83		74,844
5.75%, 06/24/44 (Call 12/24/43)		40		37,964
5.80%, 11/15/43 (Call 05/15/43)		36		34,546
6.30%, 04/15/40		200		205,090
8.75%, 03/15/32		78		91,318
Series A, 7.50%, 01/15/31		52		56,894

				24,009,306

Real Estate — 0.1%
Brookfield Asset Management Inc., 4.00%, 01/15/25 (Call 10/15/24)		170		165,446
CBRE Services Inc. 2.50%, 04/01/31 (Call 01/01/31)		1,070		858,268
4.88%, 03/01/26 (Call 12/01/25)		763		746,176
5.95%, 08/15/34		50		49,547

				1,819,437


Security	Par (000)		Value

Real Estate Investment Trusts — 1.0%
Alexandria Real Estate Equities Inc. 1.88%, 02/01/33 (Call 11/01/32)	$	400	$	294,708
2.75%, 12/15/29 (Call 09/15/29)		100		84,744
3.00%, 05/18/51 (Call 11/18/50)		105		63,351
3.38%, 08/15/31 (Call 05/15/31)		52		44,831
3.55%, 03/15/52 (Call 09/15/51)		55		37,537
3.95%, 01/15/27 (Call 10/15/26)		83		78,563
3.95%, 01/15/28 (Call 10/15/27)		15		14,078
4.00%, 02/01/50 (Call 08/01/49)		120		89,506
4.50%, 07/30/29 (Call 04/30/29)		95		89,913
4.70%, 07/01/30 (Call 04/01/30)		107		101,294
4.85%, 04/15/49 (Call 10/15/48)		77		63,132
4.90%, 12/15/30 (Call 09/15/30)		149		144,160
5.15%, 04/15/53 (Call 10/15/52)		85		75,801
American Homes 4 Rent LP 4.25%, 02/15/28 (Call 11/15/27)		24		22,731
4.90%, 02/15/29 (Call 11/15/28)		43		41,344
American Tower Corp. 1.88%, 10/15/30 (Call 07/15/30)		120		93,404
2.10%, 06/15/30 (Call 03/15/30)		215		171,768
2.30%, 09/15/31 (Call 06/15/31)		70		54,759
2.40%, 03/15/25 (Call 02/15/25)		602		571,876
2.70%, 04/15/31 (Call 01/15/31)		95		77,615
2.75%, 01/15/27 (Call 11/15/26)		375		342,675
2.90%, 01/15/30 (Call 10/15/29)		180		153,443
2.95%, 01/15/25 (Call 12/15/24)		515		495,234
2.95%, 01/15/51 (Call 07/15/50)		250		151,055
3.10%, 06/15/50 (Call 12/15/49)		304		189,787
3.13%, 01/15/27 (Call 10/15/26)		105		96,738
3.38%, 10/15/26 (Call 07/15/26)		290		271,797
3.55%, 07/15/27 (Call 04/15/27)		275		254,941
3.60%, 01/15/28 (Call 10/15/27)		405		373,584
3.70%, 10/15/49 (Call 04/15/49)		137		95,440
3.80%, 08/15/29 (Call 05/15/29)		280		254,534
3.95%, 03/15/29 (Call 12/15/28)		171		157,378
4.00%, 06/01/25 (Call 03/01/25)		592		574,039
4.05%, 03/15/32 (Call 12/15/31)		5		4,461
4.40%, 02/15/26 (Call 11/15/25)		320		311,283
5.25%, 07/15/28 (Call 06/15/28)		90		88,601
5.50%, 03/15/28 (Call 02/15/28)		140		139,356
5.55%, 07/15/33 (Call 04/15/33)		235		232,619
5.65%, 03/15/33 (Call 12/15/32)		140		139,454
AvalonBay Communities Inc. 2.30%, 03/01/30 (Call 12/01/29)		37		30,919
3.20%, 01/15/28 (Call 10/15/27)		20		18,471
3.30%, 06/01/29 (Call 03/01/29)		72		65,179
3.90%, 10/15/46 (Call 04/15/46)		39		29,619
4.35%, 04/15/48 (Call 10/18/47)		107		86,839
5.00%, 02/15/33 (Call 11/15/32)		290		287,036
Boston Properties LP 2.45%, 10/01/33 (Call 07/01/33)		125		88,542
2.55%, 04/01/32 (Call 01/01/32)		95		71,160
2.75%, 10/01/26 (Call 07/01/26)		345		311,238
2.90%, 03/15/30 (Call 12/15/29)		125		101,696
3.20%, 01/15/25 (Call 10/15/24)		350		335,723
3.25%, 01/30/31 (Call 10/30/30)		174		141,669
3.40%, 06/21/29 (Call 03/21/29)		221		189,251
3.65%, 02/01/26 (Call 11/03/25)		612		576,639
4.50%, 12/01/28 (Call 09/01/28)		35		32,302


Security	Par (000)		Value

Real Estate Investment Trusts (continued)
Brandywine Operating Partnership LP 3.95%, 11/15/27 (Call 08/15/27)	$	395	$	325,263
4.55%, 10/01/29 (Call 07/01/29)		175		137,424
Brixmor Operating Partnership LP 3.85%, 02/01/25 (Call 11/01/24)		10		9,645
3.90%, 03/15/27 (Call 12/15/26)		65		60,410
4.05%, 07/01/30 (Call 04/01/30)		209		188,999
4.13%, 06/15/26 (Call 03/15/26)		35		33,164
4.13%, 05/15/29 (Call 02/15/29)		10		9,098
Camden Property Trust 2.80%, 05/15/30 (Call 02/15/30)		90		78,119
3.15%, 07/01/29 (Call 04/01/29)		55		49,420
3.35%, 11/01/49 (Call 05/01/49)		30		21,221
4.10%, 10/15/28 (Call 07/15/28)		15		14,278
Corporate Office Properties LP, 2.25%, 03/15/26 (Call 02/15/26)		25		22,577
Crown Castle Inc. 3.25%, 01/15/51 (Call 07/15/50)		168		109,217
4.75%, 05/15/47 (Call 11/15/46)		149		122,955
4.80%, 09/01/28		105		101,940
5.00%, 01/11/28 (Call 12/11/27)		85		83,461
5.10%, 05/01/33		265		254,853
Crown Castle International Corp. 2.10%, 04/01/31 (Call 01/01/31)		280		220,570
2.25%, 01/15/31 (Call 10/15/30)		235		188,515
2.50%, 07/15/31 (Call 04/15/31)		115		92,720
2.90%, 03/15/27 (Call 02/15/27)		5		4,591
3.10%, 11/15/29 (Call 08/15/29)		125		108,764
3.30%, 07/01/30 (Call 04/01/30)		315		273,811
3.65%, 09/01/27 (Call 06/01/27)		270		251,564
3.70%, 06/15/26 (Call 03/15/26)		245		233,343
3.80%, 02/15/28 (Call 11/15/27)		202		187,955
4.00%, 03/01/27 (Call 12/01/26)		220		208,925
4.00%, 11/15/49 (Call 05/15/49)		165		121,739
4.15%, 07/01/50 (Call 01/01/50)		90		67,987
4.30%, 02/15/29 (Call 11/15/28)		160		150,366
4.45%, 02/15/26 (Call 11/15/25)		284		276,687
5.20%, 02/15/49 (Call 08/15/48)		216		191,352
CubeSmart LP 3.00%, 02/15/30 (Call 11/15/29)		30		25,599
4.38%, 02/15/29 (Call 11/15/28)		5		4,682
Digital Realty Trust LP 3.60%, 07/01/29 (Call 04/01/29)		139		125,135
3.70%, 08/15/27 (Call 05/15/27)		104		96,976
4.45%, 07/15/28 (Call 04/15/28)		202		191,254
5.55%, 01/15/28 (Call 12/15/27)		145		144,752
Equinix Inc. 2.15%, 07/15/30 (Call 04/15/30)		745		600,954
2.50%, 05/15/31 (Call 02/15/31)		135		109,490
2.63%, 11/18/24 (Call 10/18/24)		845		814,470
2.90%, 11/18/26 (Call 09/18/26)		455		421,062
2.95%, 09/15/51 (Call 03/15/51)		125		77,254
3.00%, 07/15/50 (Call 01/15/50)		312		195,877
3.20%, 11/18/29 (Call 08/18/29)		568		497,983
3.40%, 02/15/52 (Call 08/15/51)		85		57,417
ERP Operating LP 2.50%, 02/15/30 (Call 11/15/29)		129		109,462
2.85%, 11/01/26 (Call 08/01/26)		17		15,835
3.00%, 07/01/29 (Call 04/01/29)		57		50,656
3.25%, 08/01/27 (Call 05/01/27)		15		13,883


Security	Par (000)		Value

Real Estate Investment Trusts (continued)
3.50%, 03/01/28 (Call 12/01/27)	$	44	$	41,045
4.00%, 08/01/47 (Call 02/01/47)		5		3,803
4.15%, 12/01/28 (Call 09/01/28)		5		4,761
4.50%, 07/01/44 (Call 01/01/44)		60		50,780
4.50%, 06/01/45 (Call 12/01/44)		36		29,430
Essex Portfolio LP 3.00%, 01/15/30 (Call 10/15/29)		30		25,579
4.00%, 03/01/29 (Call 12/01/28)		60		55,370
4.50%, 03/15/48 (Call 09/15/47)		20		15,650
Federal Realty Investment Trust 3.20%, 06/15/29 (Call 03/15/29)		9		7,767
3.25%, 07/15/27 (Call 04/15/27)		545		501,002
3.50%, 06/01/30 (Call 03/01/30)		800		699,552
4.50%, 12/01/44 (Call 06/01/44)		85		65,786
Federal Realty OP LP, 5.38%, 05/01/28		880		867,310
GLP Capital LP/GLP Financing II Inc. 4.00%, 01/15/30 (Call 10/15/29)		24		20,972
5.30%, 01/15/29 (Call 10/15/28)		52		49,098
Healthcare Trust of America Holdings LP, 3.10%, 02/15/30 (Call 11/15/29)		15		12,790
Healthpeak Properties Inc. 3.00%, 01/15/30 (Call 10/15/29)		324		280,717
3.25%, 07/15/26 (Call 05/15/26)		320		302,650
3.40%, 02/01/25 (Call 11/01/24)		155		149,829
3.50%, 07/15/29 (Call 04/15/29)		281		252,582
4.00%, 06/01/25 (Call 03/01/25)		52		50,601
6.75%, 02/01/41 (Call 08/01/40)		115		120,140
Healthpeak Properties Interim Inc., 5.25%, 12/15/32 (Call 09/15/32)		150		145,065
Highwoods Realty LP, 3.05%, 02/15/30 (Call 11/15/29)		85		66,461
Host Hotels & Resorts LP
Series F, 4.50%, 02/01/26 (Call 11/01/25)		100		96,453
Series H, 3.38%, 12/15/29 (Call 09/15/29)		135		115,162
Series I, 3.50%, 09/15/30 (Call 06/15/30)		170		145,022
Series J, 2.90%, 12/15/31 (Call 09/15/31)		55		43,347
Hudson Pacific Properties LP 3.25%, 01/15/30 (Call 10/15/29)		55		37,348
3.95%, 11/01/27 (Call 08/01/27)		55		43,623
4.65%, 04/01/29 (Call 01/01/29)		75		57,187
Kilroy Realty LP 2.50%, 11/15/32 (Call 08/15/32)		245		172,705
3.05%, 02/15/30 (Call 11/15/29)		300		239,688
3.45%, 12/15/24 (Call 09/15/24)		195		188,001
4.25%, 08/15/29 (Call 05/15/29)		225		194,737
4.38%, 10/01/25 (Call 07/01/25)		100		95,286
4.75%, 12/15/28 (Call 09/15/28)		110		99,062
Kimco Realty Corp. 2.80%, 10/01/26 (Call 07/01/26)		70		64,386
3.70%, 10/01/49 (Call 04/01/49)		52		36,354
3.80%, 04/01/27 (Call 01/01/27)		25		23,397
4.13%, 12/01/46 (Call 06/01/46)		117		85,567
4.25%, 04/01/45 (Call 10/01/44)		80		61,468
4.45%, 09/01/47 (Call 03/01/47)		100		79,019
Mid-America Apartments LP 2.75%, 03/15/30 (Call 12/15/29)		12		10,354
3.95%, 03/15/29 (Call 12/15/28)		22		20,651
4.20%, 06/15/28 (Call 03/15/28)		2		1,905
NNN REIT Inc. 2.50%, 04/15/30 (Call 01/15/30)		15		12,412
3.10%, 04/15/50 (Call 10/15/49)		25		15,353


Security	Par (000)		Value

Real Estate Investment Trusts (continued)
4.30%, 10/15/28 (Call 07/15/28)	$	20	$	18,774
4.80%, 10/15/48 (Call 04/15/48)		25		20,407
5.60%, 10/15/33		50		49,061
Omega Healthcare Investors Inc. 3.25%, 04/15/33 (Call 01/15/33)		200		149,330
3.63%, 10/01/29 (Call 07/01/29)		122		103,316
Physicians Realty LP, 3.95%, 01/15/28 (Call 10/15/27)		5		4,583
Piedmont Operating Partnership LP, 3.15%, 08/15/30 (Call 05/15/30)		155		111,918
Prologis LP 2.13%, 04/15/27 (Call 02/15/27)		210		189,269
2.25%, 04/15/30 (Call 01/15/30)		214		179,593
2.25%, 01/15/32 (Call 10/15/31)		10		8,016
2.88%, 11/15/29 (Call 08/15/29)		30		26,286
3.00%, 04/15/50 (Call 10/15/49)		106		69,672
3.05%, 03/01/50 (Call 09/01/49)		66		43,670
3.25%, 06/30/26 (Call 03/30/26)		27		25,602
3.25%, 10/01/26 (Call 07/01/26)		22		20,787
3.38%, 12/15/27 (Call 09/15/27)		10		9,327
3.88%, 09/15/28 (Call 06/15/28)		200		189,010
4.00%, 09/15/28 (Call 06/15/28)		20		19,028
4.38%, 02/01/29 (Call 11/01/28)		35		33,704
4.38%, 09/15/48 (Call 03/15/48)		125		103,490
4.63%, 01/15/33 (Call 10/15/32)		135		129,483
4.75%, 06/15/33 (Call 03/15/33)		170		162,919
4.88%, 06/15/28 (Call 05/15/28)		85		84,129
5.13%, 01/15/34		100		98,335
5.25%, 06/15/53 (Call 12/15/52)		120		114,295
Realty Income Corp. 3.25%, 06/15/29 (Call 03/15/29)		20		18,029
3.65%, 01/15/28 (Call 10/15/27)		102		95,459
4.65%, 03/15/47 (Call 09/15/46)		83		72,127
4.70%, 12/15/28 (Call 11/15/28)		50		48,511
4.90%, 07/15/33 (Call 04/15/33)		160		151,830
Regency Centers LP 2.95%, 09/15/29 (Call 06/15/29)		95		82,103
3.60%, 02/01/27 (Call 11/01/26)		80		75,433
4.13%, 03/15/28 (Call 12/15/27)		62		58,219
4.40%, 02/01/47 (Call 08/01/46)		70		54,730
4.65%, 03/15/49 (Call 09/15/48)		70		56,760
Sabra Health Care LP 3.20%, 12/01/31 (Call 09/01/31)		110		83,919
3.90%, 10/15/29 (Call 07/15/29)		150		126,721
Simon Property Group LP 2.45%, 09/13/29 (Call 06/13/29)		125		105,819
3.25%, 09/13/49 (Call 03/13/49)		230		150,275
3.38%, 06/15/27 (Call 03/15/27)		15		13,995
3.38%, 12/01/27 (Call 09/01/27)		205		189,717
3.80%, 07/15/50 (Call 01/15/50)		144		103,864
4.25%, 10/01/44 (Call 04/01/44)		50		39,165
4.25%, 11/30/46 (Call 05/30/46)		27		20,840
5.50%, 03/08/33 (Call 12/08/32)		155		152,452
6.75%, 02/01/40 (Call 11/01/39)		34		36,519
SITE Centers Corp., 4.70%, 06/01/27 (Call 03/01/27)		137		128,727
Spirit Realty LP, 3.40%, 01/15/30 (Call 10/15/29)		60		51,545
STORE Capital Corp., 4.63%, 03/15/29 (Call 12/15/28)		59		50,709
UDR Inc. 3.00%, 08/15/31 (Call 05/15/31)		95		79,703
3.20%, 01/15/30 (Call 10/15/29)		45		39,609
3.50%, 01/15/28 (Call 10/15/27)		30		27,471


Security	Par (000)		Value

Real Estate Investment Trusts (continued)
4.40%, 01/26/29 (Call 10/26/28)	$	30	$	28,075
Ventas Realty LP 2.65%, 01/15/25 (Call 12/15/24)		55		52,433
3.00%, 01/15/30 (Call 10/15/29)		75		63,899
3.25%, 10/15/26 (Call 07/15/26)		65		60,061
3.50%, 02/01/25 (Call 11/01/24)		80		77,009
3.85%, 04/01/27 (Call 01/01/27)		105		98,568
4.00%, 03/01/28 (Call 12/01/27)		45		41,822
4.13%, 01/15/26 (Call 10/15/25)		155		149,156
4.38%, 02/01/45 (Call 08/01/44)		76		58,319
4.40%, 01/15/29 (Call 10/15/28)		162		152,134
4.75%, 11/15/30 (Call 08/15/30)		65		60,969
4.88%, 04/15/49 (Call 10/15/48)		119		97,578
5.70%, 09/30/43 (Call 03/30/43)		113		103,725
VICI Properties LP 4.95%, 02/15/30 (Call 12/15/29)		15		14,106
5.13%, 05/15/32 (Call 02/15/32)		185		171,512
5.63%, 05/15/52 (Call 11/15/51)		165		145,362
Welltower Inc. 2.75%, 01/15/32 (Call 10/15/31)		600		484,818
3.85%, 06/15/32 (Call 03/15/32)		315		276,746
4.00%, 06/01/25 (Call 03/01/25)		415		402,430
6.50%, 03/15/41 (Call 09/15/40)		190		194,906
Welltower OP LLC 2.70%, 02/15/27 (Call 12/15/26)		215		197,149
2.75%, 01/15/31 (Call 10/15/30)		75		61,885
2.80%, 06/01/31 (Call 03/01/31)		85		70,037
3.10%, 01/15/30 (Call 10/15/29)		130		112,961
4.13%, 03/15/29 (Call 12/15/28)		95		88,268
4.25%, 04/01/26 (Call 01/01/26)		306		296,269
4.25%, 04/15/28 (Call 01/15/28)		144		136,236
4.95%, 09/01/48 (Call 03/01/48)		108		93,990
Weyerhaeuser Co. 4.00%, 11/15/29 (Call 08/15/29)		419		386,238
4.00%, 04/15/30 (Call 01/15/30)		527		481,615
4.75%, 05/15/26		140		137,777
6.95%, 10/01/27		220		233,332
7.38%, 03/15/32		235		264,448
WP Carey Inc., 3.85%, 07/15/29 (Call 04/15/29)		55		49,545

				31,840,351

Retail — 0.7%
Advance Auto Parts Inc., 3.50%, 03/15/32 (Call 12/15/31)		5		4,021
AutoNation Inc. 3.80%, 11/15/27 (Call 08/15/27)		172		158,598
4.75%, 06/01/30 (Call 03/01/30)		296		275,422
Best Buy Co. Inc. 1.95%, 10/01/30 (Call 07/01/30)		1,900		1,522,432
4.45%, 10/01/28 (Call 07/01/28)		1,376		1,330,812
Darden Restaurants Inc., 4.55%, 02/15/48 (Call 08/15/47)		163		132,682
Dollar General Corp. 4.13%, 04/03/50 (Call 10/03/49)		124		91,660
5.20%, 07/05/28		65		64,369
5.45%, 07/05/33		80		77,551
Dollar Tree Inc., 3.38%, 12/01/51 (Call 06/01/51)		45		29,108
Home Depot Inc. (The) 2.13%, 09/15/26 (Call 06/15/26)		190		175,220
2.50%, 04/15/27 (Call 02/15/27)		352		325,304
2.70%, 04/15/30 (Call 01/15/30)		633		556,236


Security	Par (000)		Value

Retail (continued)
2.80%, 09/14/27 (Call 06/14/27)	$	135	$	125,360
2.95%, 06/15/29 (Call 03/15/29)		1,105		1,003,815
3.00%, 04/01/26 (Call 01/01/26)		50		47,756
3.13%, 12/15/49 (Call 06/15/49)		155		108,593
3.25%, 04/15/32 (Call 01/15/32)		40		35,528
3.30%, 04/15/40 (Call 10/15/39)		71		56,049
3.35%, 09/15/25 (Call 06/15/25)		540		521,635
3.35%, 04/15/50 (Call 10/15/49)		192		140,097
3.50%, 09/15/56 (Call 03/15/56)		125		91,542
3.63%, 04/15/52 (Call 10/15/51)		170		129,356
3.90%, 12/06/28 (Call 09/06/28)		530		509,494
3.90%, 06/15/47 (Call 12/15/46)		185		150,220
4.00%, 09/15/25 (Call 08/15/25)		65		63,664
4.20%, 04/01/43 (Call 10/01/42)		175		152,911
4.25%, 04/01/46 (Call 10/01/45)		279		239,053
4.40%, 03/15/45 (Call 09/15/44)		215		188,170
4.50%, 09/15/32 (Call 06/15/32)^(b)		255		248,883
4.50%, 12/06/48 (Call 06/06/48)		220		196,673
4.88%, 02/15/44 (Call 08/15/43)		150		141,969
4.95%, 09/15/52 (Call 03/15/52)^(b)		40		38,194
5.40%, 09/15/40 (Call 03/15/40)		130		130,732
5.88%, 12/16/36		510		547,164
5.95%, 04/01/41 (Call 10/01/40)		271		290,775
Lowe’s Companies Inc. 1.70%, 10/15/30 (Call 07/15/30)		5		3,969
2.50%, 04/15/26 (Call 01/15/26)		204		190,585
2.63%, 04/01/31 (Call 01/01/31)		245		205,300
3.00%, 10/15/50 (Call 04/15/50)		153		96,806
3.10%, 05/03/27 (Call 02/03/27)		185		172,237
3.13%, 09/15/24 (Call 06/15/24)		17		16,591
3.38%, 09/15/25 (Call 06/15/25)		385		369,569
3.65%, 04/05/29 (Call 01/05/29)		310		287,838
3.70%, 04/15/46 (Call 10/15/45)		270		201,876
3.75%, 04/01/32 (Call 01/01/32)		120		107,533
4.00%, 04/15/25 (Call 03/15/25)		325		317,687
4.05%, 05/03/47 (Call 11/03/46)		275		214,580
4.25%, 04/01/52 (Call 10/01/51)		55		43,386
4.38%, 09/15/45 (Call 03/15/45)		199		163,335
4.40%, 09/08/25		60		58,961
4.45%, 04/01/62 (Call 10/01/61)		105		81,917
4.50%, 04/15/30 (Call 01/15/30)		290		279,200
4.55%, 04/05/49 (Call 10/05/48)		220		184,580
4.65%, 04/15/42 (Call 10/15/41)		105		91,848
4.80%, 04/01/26 (Call 03/01/26)		130		128,452
5.00%, 04/15/33 (Call 01/15/33)^(b)		270		263,517
5.00%, 04/15/40 (Call 10/15/39)		129		119,208
5.13%, 04/15/50 (Call 10/15/49)		106		96,936
5.15%, 07/01/33 (Call 04/01/33)		170		167,991
5.50%, 10/15/35		73		73,445
5.63%, 04/15/53 (Call 10/15/52)		90		87,367
5.80%, 09/15/62 (Call 03/15/62)		105		101,410
5.85%, 04/01/63 (Call 10/01/62)		100		97,519
6.50%, 03/15/29		120		128,604
McDonald’s Corp. 3.63%, 05/01/43		93		72,482
3.63%, 09/01/49 (Call 03/01/49)		67		50,561
3.70%, 02/15/42		70		55,442
4.20%, 04/01/50 (Call 10/01/49)		112		92,982
4.45%, 03/01/47 (Call 09/01/46)		317		274,275
4.45%, 09/01/48 (Call 03/01/48)		91		79,123


Security	Par (000)		Value

Retail (continued)
4.60%, 05/26/45 (Call 11/26/44)	$	90	$	79,609
4.70%, 12/09/35 (Call 06/09/35)		89		84,998
4.88%, 07/15/40		70		64,915
4.88%, 12/09/45 (Call 06/09/45)		185		170,625
4.95%, 08/14/33		45		44,563
5.45%, 08/14/53 (Call 02/14/53)		75		74,993
5.70%, 02/01/39		111		112,708
6.30%, 10/15/37		47		51,053
6.30%, 03/01/38		25		27,242
O’Reilly Automotive Inc., 4.20%, 04/01/30 (Call 01/01/30)		92		86,267
Starbucks Corp.
2.00%, 03/12/27 (Call 01/12/27)		225		203,013
2.25%, 03/12/30 (Call 12/12/29)		185		155,983
3.35%, 03/12/50 (Call 09/12/49)		140		98,378
3.50%, 03/01/28 (Call 12/01/27)		136		127,601
3.50%, 11/15/50 (Call 05/15/50)		230		166,442
3.55%, 08/15/29 (Call 05/15/29)		200		185,268
3.75%, 12/01/47 (Call 06/01/47)		208		158,028
4.00%, 11/15/28 (Call 08/15/28)		127		121,627
4.30%, 06/15/45 (Call 12/15/44)		77		64,399
4.45%, 08/15/49 (Call 02/15/49)		136		115,433
4.50%, 11/15/48 (Call 05/15/48)		175		149,968
4.75%, 02/15/26		50		49,548
4.80%, 02/15/33 (Call 11/15/32)		100		97,604
Target Corp.
2.25%, 04/15/25 (Call 03/15/25)		307		293,338
2.35%, 02/15/30 (Call 11/15/29)		241		207,421
2.50%, 04/15/26		305		288,859
2.65%, 09/15/30 (Call 06/15/30)		200		173,854
2.95%, 01/15/52 (Call 07/15/51)		5		3,330
3.38%, 04/15/29 (Call 01/15/29)		465		434,663
3.63%, 04/15/46		181		141,902
3.90%, 11/15/47 (Call 05/15/47)		65		53,197
4.00%, 07/01/42		186		161,714
4.40%, 01/15/33 (Call 10/15/32)^(b)		185		176,607
4.80%, 01/15/53 (Call 07/15/52)		180		165,307
6.50%, 10/15/37		185		205,709
7.00%, 01/15/38		160		185,650
TJX Companies Inc. (The)
3.88%, 04/15/30 (Call 01/15/30)		157		148,125
4.50%, 04/15/50 (Call 10/15/49)		66		59,355
Tractor Supply Co.
1.75%, 11/01/30 (Call 08/01/30)		349		273,030
5.25%, 05/15/33 (Call 02/15/33)		310		303,171
Walgreens Boots Alliance Inc., 4.10%, 04/15/50 (Call 10/15/49)		23		15,690

				20,659,347

Semiconductors — 0.8%
Analog Devices Inc., 5.30%, 12/15/45 (Call 06/15/45)		20		19,305
Applied Materials Inc.
2.75%, 06/01/50 (Call 12/01/49)		105		71,468
3.30%, 04/01/27 (Call 01/01/27)		911		865,423
3.90%, 10/01/25 (Call 07/01/25)		162		157,937
4.35%, 04/01/47 (Call 10/01/46)		261		234,722
5.10%, 10/01/35 (Call 04/01/35)		95		96,392
5.85%, 06/15/41		210		224,219
Broadcom Inc.
3.14%, 11/15/35 (Call 08/15/35)^(e)		225		171,522
3.19%, 11/15/36 (Call 08/15/36)^(e)		89		66,892


Security	Par (000)		Value

Semiconductors (continued)
3.42%, 04/15/33 (Call 01/15/33)^(e)	$	474	$	392,069
3.47%, 04/15/34 (Call 01/15/34)^(e)		594		485,209
3.50%, 02/15/41 (Call 08/15/40)^(e)		228		166,878
3.75%, 02/15/51 (Call 08/15/50)^(e)		134		95,707
4.15%, 04/15/32 (Call 01/15/32)^(e)		195		174,654
4.93%, 05/15/37 (Call 02/15/37)^(e)		422		379,597
Intel Corp.
1.60%, 08/12/28 (Call 06/12/28)		20		17,188
2.45%, 11/15/29 (Call 08/15/29)		575		499,002
2.60%, 05/19/26 (Call 02/19/26)		421		396,675
3.05%, 08/12/51 (Call 02/12/51)		65		42,042
3.10%, 02/15/60 (Call 08/15/59)		97		60,267
3.15%, 05/11/27 (Call 02/11/27)		250		234,055
3.20%, 08/12/61 (Call 02/12/61)		105		65,560
3.25%, 11/15/49 (Call 05/15/49)		275		186,813
3.40%, 03/25/25 (Call 02/25/25)		572		555,303
3.70%, 07/29/25 (Call 04/29/25)		454		441,011
3.73%, 12/08/47 (Call 06/08/47)		339		256,403
3.75%, 03/25/27 (Call 01/25/27)		383		367,684
3.90%, 03/25/30 (Call 12/25/29)		267		249,728
4.00%, 12/15/32		246		227,452
4.10%, 05/19/46 (Call 11/19/45)		129		105,411
4.10%, 05/11/47 (Call 11/11/46)		180		146,284
4.15%, 08/05/32 (Call 05/05/32)		5		4,703
4.25%, 12/15/42		300		253,143
4.60%, 03/25/40 (Call 09/25/39)		275		250,022
4.75%, 03/25/50 (Call 09/25/49)		283		248,123
4.80%, 10/01/41		140		127,418
4.88%, 02/10/28 (Call 01/10/28)		135		134,128
4.90%, 07/29/45 (Call 01/29/45)		102		98,765
4.90%, 08/05/52 (Call 02/05/52)		105		94,640
4.95%, 03/25/60 (Call 09/25/59)		160		143,963
5.05%, 08/05/62 (Call 02/05/62)		50		44,455
5.13%, 02/10/30 (Call 12/10/29)		300		300,177
5.20%, 02/10/33 (Call 11/10/32)		385		384,334
5.63%, 02/10/43 (Call 08/10/42)		105		104,676
5.70%, 02/10/53 (Call 08/10/52)		240		237,547
5.90%, 02/10/63 (Call 08/10/62)		245		245,490
KLA Corp.
3.30%, 03/01/50 (Call 08/28/49)		10		7,180
5.00%, 03/15/49 (Call 09/15/48)		20		18,862
5.25%, 07/15/62 (Call 01/15/62)		45		43,641
Lam Research Corp.
1.90%, 06/15/30 (Call 03/15/30)		665		549,137
2.88%, 06/15/50 (Call 12/15/49)		216		144,312
3.13%, 06/15/60 (Call 12/15/59)		105		68,751
3.75%, 03/15/26 (Call 01/15/26)		749		726,140
3.80%, 03/15/25 (Call 12/15/24)		239		233,429
4.00%, 03/15/29 (Call 12/15/28)		336		322,073
4.88%, 03/15/49 (Call 09/15/48)		205		192,302
Micron Technology Inc.
2.70%, 04/15/32 (Call 01/15/32)		55		43,290
3.48%, 11/01/51 (Call 05/01/51)		205		132,676
4.19%, 02/15/27 (Call 12/15/26)		45		42,852
4.66%, 02/15/30 (Call 11/15/29)		149		139,538
5.88%, 02/09/33 (Call 11/09/32)		115		113,849
NVIDIA Corp.
2.00%, 06/15/31 (Call 03/15/31)		735		608,021
2.85%, 04/01/30 (Call 01/01/30)		705		632,258
3.20%, 09/16/26 (Call 06/16/26)		1,075		1,026,184


Security	Par (000)		Value

Semiconductors (continued)
3.50%, 04/01/40 (Call 10/01/39)	$	295	$	245,228
3.50%, 04/01/50 (Call 10/01/49)		442		347,717
3.70%, 04/01/60 (Call 10/01/59)		190		150,744
NXP BV/NXP Funding LLC
5.35%, 03/01/26 (Call 01/01/26)		290		288,141
5.55%, 12/01/28 (Call 09/01/28)		240		240,571
NXP BV/NXP Funding LLC/NXP USA Inc.
2.50%, 05/11/31 (Call 02/11/31)		395		319,259
2.65%, 02/15/32 (Call 11/15/31)		435		348,187
3.13%, 02/15/42 (Call 08/15/41)		15		10,269
3.15%, 05/01/27 (Call 03/01/27)		55		50,942
3.25%, 05/11/41 (Call 11/11/40)		125		88,905
3.25%, 11/30/51 (Call 05/30/51)		294		189,507
3.40%, 05/01/30 (Call 02/01/30)		215		188,933
3.88%, 06/18/26 (Call 04/18/26)		50		47,950
4.30%, 06/18/29 (Call 03/18/29)		495		463,731
4.40%, 06/01/27 (Call 05/01/27)		515		495,378
5.00%, 01/15/33 (Call 10/15/32)		240		227,664
Qorvo Inc., 4.38%, 10/15/29 (Call 10/15/24)		185		167,499
QUALCOMM Inc.
4.30%, 05/20/47 (Call 11/20/46)		215		186,093
4.50%, 05/20/52 (Call 11/20/51)		80		69,700
4.65%, 05/20/35 (Call 11/20/34)		40		39,222
4.80%, 05/20/45 (Call 11/20/44)		244		230,192
Texas Instruments Inc.
1.13%, 09/15/26 (Call 08/15/26)		65		58,295
1.38%, 03/12/25 (Call 02/12/25)		928		875,577
1.75%, 05/04/30 (Call 02/04/30)		430		357,738
1.90%, 09/15/31 (Call 06/15/31)		230		187,326
2.25%, 09/04/29 (Call 06/04/29)		484		421,380
2.70%, 09/15/51 (Call 03/15/51)		140		92,378
2.90%, 11/03/27 (Call 08/03/27)		670		623,120
3.65%, 08/16/32 (Call 05/16/32)		355		324,048
3.88%, 03/15/39 (Call 09/15/38)		233		201,477
4.10%, 08/16/52 (Call 02/16/52)		50		42,260
4.15%, 05/15/48 (Call 11/15/47)		300		260,208
4.60%, 02/15/28 (Call 01/15/28)		35		34,823
4.70%, 11/18/24		100		99,351
4.90%, 03/14/33 (Call 12/14/32)		60		60,212
5.00%, 03/14/53 (Call 09/14/52)		60		58,283
5.05%, 05/18/63		90		86,215
TSMC Arizona Corp.
2.50%, 10/25/31 (Call 07/25/31)		980		814,086
3.25%, 10/25/51 (Call 04/25/51)		215		155,576
4.25%, 04/22/32 (Call 01/22/32)		360		341,413
4.50%, 04/22/52 (Call 10/22/51)		235		214,151

				24,872,700

Shipbuilding — 0.0%
Huntington Ingalls Industries Inc.
2.04%, 08/16/28 (Call 06/16/28)		10		8,482
3.48%, 12/01/27 (Call 09/01/27)		480		442,305
3.84%, 05/01/25 (Call 04/01/25)		700		677,460
4.20%, 05/01/30 (Call 02/01/30)		269		248,747

				1,376,994

Software — 1.0%
Activision Blizzard Inc.
2.50%, 09/15/50 (Call 03/15/50)		124		78,854
3.40%, 06/15/27 (Call 03/15/27)		5		4,726
4.50%, 06/15/47 (Call 12/15/46)		44		40,407


Security	Par (000)		Value

Software (continued)
Adobe Inc.
1.90%, 02/01/25 (Call 01/01/25)	$	1,083	$	1,035,445
2.15%, 02/01/27 (Call 12/01/26)		694		637,127
2.30%, 02/01/30 (Call 11/01/29)		2,000		1,734,780
3.25%, 02/01/25 (Call 11/01/24)		765		744,789
Autodesk Inc.
2.40%, 12/15/31 (Call 09/15/31)		620		502,944
2.85%, 01/15/30 (Call 10/15/29)		445		387,773
3.50%, 06/15/27 (Call 03/15/27)		718		678,316
4.38%, 06/15/25 (Call 03/15/25)		435		426,591
Cadence Design Systems Inc., 4.38%, 10/15/24 (Call 07/15/24)		282		278,193
Electronic Arts Inc.
2.95%, 02/15/51 (Call 08/15/50)		595		383,507
4.80%, 03/01/26 (Call 12/01/25)^(b)		614		607,191
Fidelity National Information Services Inc.
4.50%, 08/15/46 (Call 02/15/46)		177		140,722
5.10%, 07/15/32 (Call 04/15/32)^(b)		220		215,560
5.63%, 07/15/52 (Call 01/15/52)		15		14,228
Fiserv Inc.
3.50%, 07/01/29 (Call 04/01/29)		245		223,700
3.85%, 06/01/25 (Call 03/01/25)		2		1,941
4.20%, 10/01/28 (Call 07/01/28)		111		105,917
4.40%, 07/01/49 (Call 01/01/49)		203		165,435
5.38%, 08/21/28		50		50,140
5.63%, 08/21/33 (Call 05/21/33)		125		125,907
Intuit Inc., 1.35%, 07/15/27 (Call 05/15/27)		10		8,771
Microsoft Corp.
2.40%, 08/08/26 (Call 05/08/26)		3,224		3,022,436
2.53%, 06/01/50 (Call 12/01/49)		510		337,084
2.70%, 02/12/25 (Call 11/12/24)		2,395		2,316,085
2.92%, 03/17/52 (Call 09/17/51)		1,390		985,190
3.13%, 11/03/25 (Call 08/03/25)		2,632		2,540,038
3.30%, 02/06/27 (Call 11/06/26)		2,364		2,271,331
3.45%, 08/08/36 (Call 02/08/36)		400		355,592
3.50%, 02/12/35 (Call 08/12/34)		670		608,876
3.50%, 11/15/42		50		41,793
3.70%, 08/08/46 (Call 02/08/46)		235		199,162
3.75%, 02/12/45 (Call 08/12/44)		10		8,518
3.95%, 08/08/56 (Call 02/08/56)		25		21,414
4.10%, 02/06/37 (Call 08/06/36)		230		218,408
4.20%, 11/03/35 (Call 05/03/35)		160		154,496
4.25%, 02/06/47 (Call 08/06/46)		70		64,974
4.45%, 11/03/45 (Call 05/03/45)		70		66,517
Oracle Corp.
3.60%, 04/01/40 (Call 10/01/39)		242		183,075
3.60%, 04/01/50 (Call 10/01/49)		492		338,717
3.80%, 11/15/37 (Call 05/15/37)		422		339,474
3.85%, 07/15/36 (Call 01/15/36)		79		65,307
3.85%, 04/01/60 (Call 10/01/59)		468		317,168
3.90%, 05/15/35 (Call 11/15/34)		297		253,240
3.95%, 03/25/51 (Call 09/25/50)		336		245,025
4.00%, 07/15/46 (Call 01/15/46)		247		185,206
4.00%, 11/15/47 (Call 05/15/47)		324		241,662
4.10%, 03/25/61 (Call 09/25/60)		199		141,352
4.13%, 05/15/45 (Call 11/15/44)		292		225,506
4.30%, 07/08/34 (Call 01/08/34)		360		322,636
4.38%, 05/15/55 (Call 11/15/54)		256		196,360
4.50%, 05/06/28 (Call 04/06/28)		25		24,228
4.50%, 07/08/44 (Call 01/08/44)		160		131,078


Security	Par (000)		Value

Software (continued)
4.65%, 05/06/30 (Call 03/06/30)	$	25	$	23,986
4.90%, 02/06/33 (Call 11/06/32)		115		109,817
5.38%, 07/15/40		287		267,467
5.55%, 02/06/53 (Call 08/06/52)		175		162,638
6.13%, 07/08/39		214		216,709
6.25%, 11/09/32 (Call 08/09/32)		140		146,497
6.50%, 04/15/38		201		211,798
6.90%, 11/09/52 (Call 05/09/52)		495		538,882
Roper Technologies Inc., 2.95%, 09/15/29 (Call 06/15/29)		130		114,854
salesforce.com Inc.
2.90%, 07/15/51 (Call 01/15/51)		425		284,248
3.05%, 07/15/61 (Call 01/15/61)		130		83,860
3.70%, 04/11/28 (Call 01/11/28)		885		847,414
ServiceNow Inc., 1.40%, 09/01/30 (Call 06/01/30)		180		141,570
VMware Inc.
3.90%, 08/21/27 (Call 05/21/27)		720		677,628
4.50%, 05/15/25 (Call 04/15/25)		726		710,798
4.65%, 05/15/27 (Call 03/15/27)		475		461,538
4.70%, 05/15/30 (Call 02/15/30)		253		238,275
Workday Inc.
3.50%, 04/01/27 (Call 03/01/27)		20		18,890
3.70%, 04/01/29 (Call 02/01/29)		150		138,558
3.80%, 04/01/32 (Call 01/01/32)		555		492,246

				30,902,585

Telecommunications — 1.0%
America Movil SAB de CV
4.38%, 04/22/49 (Call 10/22/48)		30		25,331
6.13%, 11/15/37		12		12,519
6.13%, 03/30/40		252		261,258
6.38%, 03/01/35		5		5,388
AT&T Inc.
3.30%, 02/01/52 (Call 08/01/51)		75		48,864
3.50%, 06/01/41 (Call 12/01/40)		305		223,550
3.50%, 09/15/53 (Call 03/15/53)		814		535,702
3.50%, 02/01/61 (Call 08/01/60)		85		54,761
3.55%, 09/15/55 (Call 03/15/55)		1,016		663,001
3.65%, 06/01/51 (Call 12/01/50)		444		303,687
3.65%, 09/15/59 (Call 03/15/59)		578		374,041
3.80%, 12/01/57 (Call 06/01/57)		600		403,968
3.85%, 06/01/60 (Call 12/01/59)		255		173,357
4.30%, 02/15/30 (Call 11/15/29)		451		420,332
4.30%, 12/15/42 (Call 06/15/42)		65		52,673
4.35%, 06/15/45 (Call 12/15/44)		100		78,800
4.50%, 05/15/35 (Call 11/15/34)		449		398,573
4.50%, 03/09/48 (Call 09/09/47)		332		264,919
4.55%, 03/09/49 (Call 09/09/48)		286		229,632
4.65%, 06/01/44 (Call 12/01/43)		85		70,214
4.75%, 05/15/46 (Call 11/15/45)		180		149,686
4.85%, 03/01/39 (Call 09/01/38)		105		93,298
4.85%, 07/15/45 (Call 01/15/45)		55		46,494
4.90%, 08/15/37 (Call 02/14/37)		143		129,389
5.15%, 03/15/42		112		101,338
5.15%, 02/15/50 (Call 08/14/49)		261		230,124
5.25%, 03/01/37 (Call 09/01/36)		217		205,432
5.35%, 09/01/40		14		13,035
5.40%, 02/15/34		290		281,587
5.45%, 03/01/47 (Call 09/01/46)		75		69,433
5.55%, 08/15/41		10		9,438
5.65%, 02/15/47 (Call 08/15/46)		30		28,762


Security	Par (000)		Value

Telecommunications (continued)
5.70%, 03/01/57 (Call 09/01/56)	$	76	$	73,472
6.00%, 08/15/40 (Call 05/15/40)		150		150,055
6.30%, 01/15/38		25		25,574
6.38%, 03/01/41		35		36,016
6.55%, 02/15/39		28		29,134
Bell Telephone Co. of Canada or Bell Canada (The),
3.65%, 08/15/52 (Call 02/15/52)		10		7,135
British Telecommunications PLC
5.13%, 12/04/28 (Call 09/04/28)		815		797,714
9.13%, 12/15/30		1,192		1,451,498
Cisco Systems Inc.
2.50%, 09/20/26 (Call 06/20/26)		647		605,586
2.95%, 02/28/26		475		455,667
3.50%, 06/15/25		255		248,069
5.50%, 01/15/40		405		420,131
5.90%, 02/15/39		362		392,194
Corning Inc.
3.90%, 11/15/49 (Call 05/15/49)		27		20,122
4.38%, 11/15/57 (Call 05/15/57)		106		85,655
5.35%, 11/15/48 (Call 05/15/48)		59		55,531
5.75%, 08/15/40		48		47,380
Deutsche Telekom International Finance BV, 8.75%, 06/15/30		228		268,146
Juniper Networks Inc., 5.95%, 03/15/41		99		94,050
Koninklijke KPN NV, 8.38%, 10/01/30		1,540		1,751,704
Motorola Solutions Inc.
2.30%, 11/15/30 (Call 08/15/30)		195		155,138
4.60%, 02/23/28 (Call 11/23/27)		183		177,386
4.60%, 05/23/29 (Call 02/23/29)		277		266,829
5.50%, 09/01/44		45		41,342
5.60%, 06/01/32 (Call 03/01/32)		90		88,644
Nokia OYJ, 4.38%, 06/12/27		1,200		1,131,720
Orange SA
5.38%, 01/13/42		325		311,350
5.50%, 02/06/44 (Call 08/06/43)		105		102,399
9.00%, 03/01/31		815		988,114
Rogers Communications Inc.
2.90%, 11/15/26 (Call 08/15/26)		109		100,362
3.20%, 03/15/27		40		36,949
3.70%, 11/15/49 (Call 05/15/49)		175		118,622
3.80%, 03/15/32		45		38,464
4.30%, 02/15/48 (Call 08/15/47)		200		148,994
4.35%, 05/01/49 (Call 11/01/48)		205		154,947
4.50%, 03/15/42		45		36,178
4.50%, 03/15/43 (Call 09/15/42)		87		69,375
4.55%, 03/15/52		65		50,307
5.00%, 03/15/44 (Call 09/15/43)		170		144,332
5.45%, 10/01/43 (Call 04/01/43)		85		76,027
7.50%, 08/15/38		67		72,127
Sprint Capital Corp., 8.75%, 03/15/32		5		5,958
Telefonica Emisiones SA
4.10%, 03/08/27		105		99,945
4.67%, 03/06/38		125		103,399
5.21%, 03/08/47		200		167,686
7.05%, 06/20/36		338		360,707
Telefonica Europe BV, 8.25%, 09/15/30		240		273,650
TELUS Corp.
2.80%, 02/16/27 (Call 11/16/26)		440		407,669
3.70%, 09/15/27 (Call 06/15/27)		440		413,824
4.30%, 06/15/49 (Call 12/15/48)		191		148,524


Security	Par (000)		Value

Telecommunications (continued)
4.60%, 11/16/48 (Call 05/16/48)	$	206	$	170,117
T-Mobile USA Inc.
3.00%, 02/15/41 (Call 08/15/40)		85		59,918
3.30%, 02/15/51 (Call 08/15/50)		250		167,482
3.40%, 10/15/52 (Call 04/15/52)		305		206,448
3.60%, 11/15/60 (Call 05/15/60)		360		240,844
3.88%, 04/15/30 (Call 01/15/30)		35		31,876
4.38%, 04/15/40 (Call 10/15/39)		229		196,523
4.50%, 04/15/50 (Call 10/15/49)		545		450,083
5.65%, 01/15/53 (Call 07/15/52)		265		258,227
5.75%, 01/15/54		300		296,358
5.80%, 09/15/62 (Call 03/15/62)		70		67,866
Verizon Communications Inc.
2.36%, 03/15/32 (Call 12/15/31)		15		11,863
2.55%, 03/21/31 (Call 12/21/30)		26		21,396
2.88%, 11/20/50 (Call 05/20/50)		275		168,589
2.99%, 10/30/56 (Call 04/30/56)		656		391,796
3.00%, 11/20/60 (Call 05/20/60)		236		138,556
3.55%, 03/22/51 (Call 09/22/50)		480		335,597
3.70%, 03/22/61 (Call 09/22/60)		657		446,799
3.85%, 11/01/42 (Call 05/01/42)		266		206,400
4.13%, 08/15/46		289		229,749
4.40%, 11/01/34 (Call 05/01/34)		471		426,180
4.50%, 08/10/33		439		405,610
4.52%, 09/15/48		175		146,968
4.67%, 03/15/55		220		185,420
4.75%, 11/01/41		299		268,885
4.81%, 03/15/39		287		260,510
4.86%, 08/21/46		643		564,966
5.01%, 04/15/49^(b)		60		54,894
5.01%, 08/21/54		155		137,660
5.05%, 05/09/33		110		106,682
5.25%, 03/16/37		325		316,452
5.50%, 03/16/47		72		69,854
5.85%, 09/15/35		50		50,268
6.55%, 09/15/43		40		44,522
7.75%, 12/01/30		105		120,016
Vodafone Group PLC
4.13%, 05/30/25		821		802,265
4.25%, 09/17/50		220		169,151
4.38%, 05/30/28		10		9,813
4.38%, 02/19/43		217		176,786
4.88%, 06/19/49		340		288,174
5.00%, 05/30/38		150		139,429
5.63%, 02/10/53 (Call 08/10/52)		150		141,639
5.75%, 02/10/63 (Call 08/10/62)		150		139,303
6.15%, 02/27/37		340		348,143
6.25%, 11/30/32		70		73,250
7.88%, 02/15/30		285		321,015

				29,128,729

Toys, Games & Hobbies — 0.1%
Hasbro Inc.
3.00%, 11/19/24 (Call 10/19/24)		890		860,461
3.50%, 09/15/27 (Call 06/15/27)		244		227,845
3.55%, 11/19/26 (Call 09/19/26)		384		360,875
3.90%, 11/19/29 (Call 08/19/29)		1,001		909,118
6.35%, 03/15/40		40		40,386

				2,398,685


Security	Par (000)		Value

Transportation — 0.5%
Burlington Northern Santa Fe LLC
2.88%, 06/15/52 (Call 12/15/51)	$	15	$	9,888
3.05%, 02/15/51 (Call 08/15/50)		67		45,721
3.30%, 09/15/51 (Call 03/15/51)		15		10,767
3.55%, 02/15/50 (Call 08/15/49)		53		40,450
3.90%, 08/01/46 (Call 02/01/46)		82		65,631
4.05%, 06/15/48 (Call 12/15/47)		162		133,008
4.13%, 06/15/47 (Call 12/15/46)		82		68,127
4.15%, 04/01/45 (Call 10/01/44)		87		73,458
4.15%, 12/15/48 (Call 06/15/48)		53		44,345
4.55%, 09/01/44 (Call 03/01/44)		35		31,330
4.70%, 09/01/45 (Call 03/01/45)		30		27,132
4.90%, 04/01/44 (Call 10/01/43)		75		70,445
5.15%, 09/01/43 (Call 03/01/43)		92		89,128
5.20%, 04/15/54		260		255,863
5.40%, 06/01/41 (Call 12/01/40)		70		69,947
5.75%, 05/01/40 (Call 11/01/39)		40		41,747
Canadian National Railway Co.
2.45%, 05/01/50 (Call 11/01/49)		185		113,307
3.20%, 08/02/46 (Call 02/02/46)		169		121,797
3.65%, 02/03/48 (Call 08/03/47)		67		52,586
3.85%, 08/05/32 (Call 05/05/32)		50		46,095
4.40%, 08/05/52 (Call 02/05/52)		90		79,574
4.45%, 01/20/49 (Call 07/20/48)		50		43,866
6.20%, 06/01/36		135		146,846
6.25%, 08/01/34		40		43,422
6.38%, 11/15/37		51		55,722
Canadian Pacific Railway Co.
2.45%, 12/02/31 (Call 09/02/31)		70		62,088
2.88%, 11/15/29		380		334,275
3.10%, 12/02/51 (Call 06/02/51)		250		169,512
3.50%, 05/01/50		100		73,425
4.20%, 11/15/69		195		150,620
4.30%, 05/15/43		157		132,759
4.70%, 05/01/48		126		110,365
4.80%, 09/15/35 (Call 03/15/35)		60		57,727
4.80%, 08/01/45 (Call 02/01/45)		50		44,790
4.95%, 08/15/45		230		209,905
5.95%, 05/15/37		65		67,420
6.13%, 09/15/2115 (Call 03/15/15)		145		150,301
7.13%, 10/15/31		105		116,906
CH Robinson Worldwide Inc., 4.20%, 04/15/28 (Call 01/15/28)		1,355		1,289,323
CSX Corp.
2.40%, 02/15/30 (Call 11/15/29)		119		101,671
2.50%, 05/15/51 (Call 11/15/50)		40		24,200
3.35%, 09/15/49 (Call 03/15/49)		125		88,656
3.80%, 11/01/46 (Call 05/01/46)		154		120,288
3.80%, 04/15/50 (Call 10/15/49)		80		61,959
3.95%, 05/01/50 (Call 11/01/49)		88		69,880
4.10%, 11/15/32 (Call 08/15/32)^(b)		50		46,939
4.10%, 03/15/44 (Call 09/15/43)		69		57,365
4.25%, 11/01/66 (Call 05/01/66)		60		47,985
4.30%, 03/01/48 (Call 09/01/47)		160		134,821
4.40%, 03/01/43 (Call 09/01/42)		78		66,861
4.50%, 03/15/49 (Call 09/15/48)		133		115,102
4.50%, 11/15/52 (Call 05/15/52)		25		21,732
4.50%, 08/01/54 (Call 02/01/54)		125		107,232
4.65%, 03/01/68 (Call 09/01/67)		98		84,265
4.75%, 05/30/42 (Call 11/30/41)		210		190,016


Security	Par (000)		Value

Transportation (continued)
4.75%, 11/15/48 (Call 05/15/48)	$	103	$	92,025
5.50%, 04/15/41 (Call 10/15/40)		160		159,280
6.00%, 10/01/36		82		85,868
6.15%, 05/01/37		59		62,915
6.22%, 04/30/40		110		117,987
FedEx Corp.
3.88%, 08/01/42		40		31,825
3.90%, 02/01/35		64		55,659
4.05%, 02/15/48 (Call 08/15/47)		175		136,304
4.10%, 04/15/43		58		46,055
4.10%, 02/01/45		155		122,376
4.40%, 01/15/47 (Call 07/15/46)		145		119,158
4.55%, 04/01/46 (Call 10/01/45)		218		182,176
4.75%, 11/15/45 (Call 05/15/45)		188		161,689
4.90%, 01/15/34		42		40,593
4.95%, 10/17/48 (Call 04/17/48)		76		67,816
5.10%, 01/15/44		145		131,683
5.25%, 05/15/50 (Call 11/15/49)		276		256,352
GXO Logistics Inc.
1.65%, 07/15/26 (Call 06/15/26)		685		606,410
2.65%, 07/15/31 (Call 04/15/31)		744		582,284
Norfolk Southern Corp.
2.55%, 11/01/29 (Call 08/01/29)		132		113,824
2.90%, 08/25/51 (Call 02/25/51)		311		197,737
3.16%, 05/15/55 (Call 11/15/54)		170		111,746
3.40%, 11/01/49 (Call 05/01/49)		91		64,400
3.94%, 11/01/47 (Call 05/01/47)		145		114,621
3.95%, 10/01/42 (Call 04/01/42)		137		110,015
4.05%, 08/15/52 (Call 02/15/52)		224		177,740
4.10%, 05/15/49 (Call 11/15/48)		290		235,349
4.10%, 05/15/2121 (Call 11/15/20)		10		7,017
4.15%, 02/28/48 (Call 08/28/47)		249		204,230
4.45%, 03/01/33 (Call 12/01/32)		50		47,394
4.45%, 06/15/45 (Call 12/15/44)		81		68,527
4.55%, 06/01/53 (Call 12/01/52)		40		34,572
4.65%, 01/15/46 (Call 07/15/45)		100		86,897
4.84%, 10/01/41		210		190,919
5.05%, 08/01/30 (Call 06/01/30)		175		173,215
5.35%, 08/01/54		140		136,177
Ryder System Inc.
1.75%, 09/01/26 (Call 08/01/26)		135		121,561
2.50%, 09/01/24 (Call 08/01/24)		460		444,627
2.85%, 03/01/27 (Call 02/01/27)		45		41,371
4.30%, 06/15/27 (Call 05/15/27)		40		38,517
4.63%, 06/01/25 (Call 05/01/25)		538		527,412
5.25%, 06/01/28 (Call 05/01/28)		180		177,649
5.65%, 03/01/28 (Call 02/01/28)		90		90,172
Union Pacific Corp.
2.97%, 09/16/62 (Call 03/16/62)		30		18,457
3.25%, 02/05/50 (Call 08/05/49)		260		187,273
3.35%, 08/15/46 (Call 02/15/46)		59		42,056
3.38%, 02/01/35 (Call 08/01/34)		60		50,666
3.55%, 08/15/39 (Call 02/15/39)		140		113,453
3.55%, 05/20/61 (Call 11/20/60)		110		77,914
3.60%, 09/15/37 (Call 03/15/37)		75		62,710
3.75%, 02/05/70 (Call 08/05/69)		127		92,498
3.80%, 10/01/51 (Call 04/01/51)		129		101,776
3.80%, 04/06/71 (Call 10/06/70)		100		73,082
3.84%, 03/20/60 (Call 09/20/59)		157		120,256
3.85%, 02/14/72 (Call 08/14/71)		45		33,287


Security	Par (000)		Value

Transportation (continued)
3.88%, 02/01/55 (Call 08/01/54)	$	150	$	116,635
3.95%, 08/15/59 (Call 02/15/59)		105		81,122
4.00%, 04/15/47 (Call 10/15/46)		90		72,629
4.05%, 11/15/45 (Call 05/15/45)		64		51,765
4.05%, 03/01/46 (Call 09/01/45)		197		160,441
4.10%, 09/15/67 (Call 03/15/67)		100		79,241
4.30%, 03/01/49 (Call 09/01/48)		45		38,562
4.50%, 09/10/48 (Call 03/10/48)		280		245,596
4.75%, 02/21/26 (Call 01/21/26)		200		198,896
4.96%, 05/15/53 (Call 11/15/52)		200		191,660
United Parcel Service Inc.
3.40%, 11/15/46 (Call 05/15/46)		161		120,362
3.40%, 09/01/49 (Call 03/01/49)		120		91,367
3.63%, 10/01/42		160		129,934
3.75%, 11/15/47 (Call 05/15/47)		220		177,597
4.25%, 03/15/49 (Call 09/15/48)		115		99,118
4.88%, 03/03/33 (Call 12/03/32)		200		199,550
4.88%, 11/15/40 (Call 05/15/40)		295		284,486
5.05%, 03/03/53 (Call 09/03/52)		100		97,653
5.20%, 04/01/40 (Call 10/01/39)		150		149,379
5.30%, 04/01/50 (Call 10/01/49)		188		190,134
6.20%, 01/15/38		346		386,503

				16,798,792

Trucking & Leasing — 0.0%
GATX Corp.
3.10%, 06/01/51 (Call 12/01/50)		35		21,708
3.25%, 03/30/25 (Call 12/30/24)		135		129,485
3.25%, 09/15/26 (Call 06/15/26)		165		153,227
3.50%, 03/15/28 (Call 12/15/27)		85		77,803
3.50%, 06/01/32 (Call 03/01/32)		50		42,024
3.85%, 03/30/27 (Call 12/30/26)		140		131,229
4.55%, 11/07/28 (Call 08/07/28)		164		155,739
4.70%, 04/01/29 (Call 01/01/29)		30		28,511
5.20%, 03/15/44 (Call 09/15/43)		87		75,942
5.45%, 09/15/33		300		293,466

				1,109,134

Venture Capital — 0.0%
Hercules Capital Inc., 3.38%, 01/20/27 (Call 12/20/26)		5		4,423


Water — 0.1%
American Water Capital Corp.
2.80%, 05/01/30 (Call 02/01/30)		139		120,496
3.25%, 06/01/51 (Call 12/01/50)		20		14,008
3.45%, 06/01/29 (Call 03/01/29)		217		198,974
3.45%, 05/01/50 (Call 11/01/49)		245		177,708
3.75%, 09/01/47 (Call 03/01/47)		247		191,689
4.00%, 12/01/46 (Call 06/01/46)		86		68,050
4.15%, 06/01/49 (Call 12/01/48)		198		163,952
4.20%, 09/01/48 (Call 03/01/48)		126		103,878
4.30%, 12/01/42 (Call 06/01/42)		50		42,738
4.30%, 09/01/45 (Call 03/01/45)		20		16,581
6.59%, 10/15/37		80		88,961
Essential Utilities Inc.
2.70%, 04/15/30 (Call 01/15/30)		132		110,983
3.35%, 04/15/50 (Call 10/15/49)		223		148,447
3.57%, 05/01/29 (Call 02/01/29)		160		146,549
4.28%, 05/01/49 (Call 11/01/48)		183		142,467
5.30%, 05/01/52 (Call 11/01/51)		135		122,321


Security	Par (000)		Value

Water (continued)
United Utilities PLC, 6.88%, 08/15/28	$	40	$	41,644

				1,899,446
Total Corporate Bonds & Notes — 26.1% (Cost: $890,743,496)				803,020,951


Foreign Government Obligations^(f)

Canada — 0.3%
Hydro-Quebec
Series HH, 8.50%, 12/01/29		180		212,726
Series HK, 9.38%, 04/15/30		1,880		2,345,826
Series HQ, 9.50%, 11/15/30		950		1,207,516
Province of Alberta Canada
1.30%, 07/22/30		361		291,486
1.88%, 11/13/24		430		412,323
3.30%, 03/15/28		584		553,352
Province of British Columbia, 4.20%, 07/06/33		2,060		2,008,747
Province of Manitoba Canada, 1.50%, 10/25/28		75		64,579
Province of Ontario Canada
1.13%, 10/07/30		135		107,199
1.60%, 02/25/31		210		171,484
1.80%, 10/14/31		180		147,406
Province of Quebec Canada
1.35%, 05/28/30		305		249,554
1.90%, 04/21/31		55		45,872
2.75%, 04/12/27		25		23,420
3.63%, 04/13/28		10		9,619
Series PD, 7.50%, 09/15/29		419		483,069

				8,334,178

Chile — 0.0%
Chile Government International Bond
3.10%, 05/07/41 (Call 11/07/40)		310		226,207
3.10%, 01/22/61 (Call 07/22/60)		270		170,964
3.25%, 09/21/71 (Call 03/21/71)		165		103,519
3.50%, 01/25/50 (Call 07/25/49)		392		284,573
3.86%, 06/21/47		280		220,746
4.95%, 01/05/36		90		86,842

				1,092,851

Hungary — 0.0%
Hungary Government International Bond, 7.63%, 03/29/41		187		206,416


Indonesia — 0.0%
Indonesia Government International Bond
3.05%, 03/12/51		25		17,730
3.20%, 09/23/61 (Call 03/23/61)		55		35,705
3.35%, 03/12/71		70		45,267
3.50%, 01/11/28		97		90,610
3.50%, 02/14/50		125		92,005
3.70%, 10/30/49		20		15,267
4.20%, 10/15/50		40		33,191
4.35%, 01/11/48		25		21,386
4.45%, 04/15/70		532		433,995
5.35%, 02/11/49		130		127,206
5.65%, 01/11/53 (Call 07/11/52)		505		515,827

				1,428,189

Israel — 0.0%
Israel Government International Bond 3.88%, 07/03/50		445		346,139


Security	Par (000)		Value

Israel (continued)
4.13%, 01/17/48	$	260	$	211,117
4.50%, 01/17/33		200		192,282
4.50%, 01/30/43		100		87,990
4.50%, 04/03/2120		170		130,968
State of Israel, 3.38%, 01/15/50		75		53,128

				1,021,624

Italy — 0.1%
Republic of Italy Government International Bond
2.88%, 10/17/29		955		833,696
3.88%, 05/06/51		1,165		819,007
4.00%, 10/17/49		517		374,473
5.38%, 06/15/33		946		929,019

				2,956,195

Japan — 0.0%
Japan Bank for International Cooperation, 1.88%, 04/15/31		85		69,669


Mexico — 0.2%
Mexico Government International Bond
3.50%, 02/12/34 (Call 11/12/33)		30		24,912
3.77%, 05/24/61 (Call 11/24/60)		250		164,398
4.28%, 08/14/41 (Call 02/14/41)		450		363,447
4.35%, 01/15/47		207		161,359
4.40%, 02/12/52 (Call 08/12/51)		200		153,988
4.50%, 04/22/29		490		473,021
4.50%, 01/31/50 (Call 07/31/49)		337		268,181
4.60%, 01/23/46		337		272,552
4.60%, 02/10/48		327		262,607
4.75%, 03/08/44		915		767,548
5.00%, 04/27/51 (Call 10/27/50)		335		283,993
5.55%, 01/21/45^(b)		340		317,162
5.75%, 10/12/2110		314		275,070
6.05%, 01/11/40		373		372,150
6.34%, 05/04/53 (Call 11/04/52)		450		450,481
6.35%, 02/09/35 (Call 11/09/34)		35		36,310
6.75%, 09/27/34		371		397,838
7.50%, 04/08/33		505		568,509
8.30%, 08/15/31		365		430,817

				6,044,343

Panama — 0.1%
Panama Government International Bond
3.87%, 07/23/60 (Call 01/23/60)		175		111,926
4.30%, 04/29/53		105		75,620
4.50%, 05/15/47		40		30,669
4.50%, 04/16/50 (Call 10/16/49)		250		187,435
4.50%, 04/01/56 (Call 10/01/55)		522		378,580
4.50%, 01/19/63 (Call 07/19/62)		255		182,269
6.40%, 02/14/35 (Call 11/14/34)		60		61,619
6.70%, 01/26/36		567		595,135
9.38%, 04/01/29		157		185,835

				1,809,088

Peru — 0.1%
Peruvian Government International Bond
2.78%, 12/01/60 (Call 06/01/60)		190		111,576
3.00%, 01/15/34 (Call 10/15/33)		230		186,850
3.23%, 07/28/2121 (Call 01/28/21)		195		112,708
3.30%, 03/11/41 (Call 09/11/40)		40		29,714
3.55%, 03/10/51 (Call 09/10/50)		125		90,012
3.60%, 01/15/72 (Call 07/15/71)		65		42,620


Security	Par (000)		Value

Peru (continued)
5.63%, 11/18/50	$	322	$	320,538
6.55%, 03/14/37		321		349,768
8.75%, 11/21/33		527		655,514

				1,899,300

Philippines — 0.1%
Philippine Government International Bond
2.95%, 05/05/45		20		13,842
3.20%, 07/06/46		45		32,000
3.70%, 03/01/41		327		262,316
3.70%, 02/02/42		237		189,823
3.95%, 01/20/40		122		103,122
5.00%, 01/13/37		257		250,464
5.50%, 01/17/48		115		115,946
5.95%, 10/13/47		10		10,595
6.38%, 01/15/32		135		147,035
6.38%, 10/23/34		297		325,821
7.75%, 01/14/31		195		227,005
9.50%, 02/02/30		167		206,649

				1,884,618

Poland — 0.0%
Republic of Poland Government International Bond
4.88%, 10/04/33 (Call 07/04/33)		285		276,570
5.50%, 04/04/53 (Call 10/04/52)		315		306,337
5.75%, 11/16/32 (Call 08/16/32)		50		52,004

				634,911

South Korea — 0.0%
Korea International Bond
3.88%, 09/20/48		283		241,229
4.13%, 06/10/44		545		489,977

				731,206

Supranational — 2.4%
Asian Development Bank
6.22%, 08/15/27		870		917,815
6.38%, 10/01/28		66		70,937
Council of Europe Development Bank
0.88%, 09/22/26		2,420		2,162,996
1.38%, 02/27/25		395		373,729
3.63%, 01/26/28		1,000		968,940
European Investment Bank
2.38%, 05/24/27		1,135		1,053,995
4.88%, 02/15/36		1,393		1,464,335
Inter-American Development Bank
0.50%, 09/23/24		415		394,184
0.63%, 07/15/25		1,180		1,089,588
0.63%, 09/16/27		1,039		894,517
0.88%, 04/03/25		1,480		1,385,517
0.88%, 04/20/26		2,620		2,374,585
1.13%, 07/20/28		898		770,089
1.13%, 01/13/31		1,640		1,313,542
1.50%, 01/13/27		1,300		1,176,617
1.75%, 03/14/25		1,370		1,302,240
2.00%, 06/02/26		485		451,583
2.00%, 07/23/26		605		562,045
2.13%, 01/15/25		1,670		1,602,181
2.25%, 06/18/29		1,075		960,222
2.38%, 07/07/27		1,172		1,087,874
3.13%, 09/18/28		1,200		1,131,972
3.20%, 08/07/42		875		714,385
3.50%, 09/14/29		1,050		1,004,934


Security	Par (000)		Value

Supranational (continued)
3.88%, 10/28/41	$	780	$	702,398
4.38%, 01/24/44		670		641,853
7.00%, 06/15/25		95		97,741
International Bank for Reconstruction & Development
0.38%, 07/28/25		755		693,052
0.50%, 10/28/25		1,175		1,072,023
0.63%, 04/22/25		1,955		1,818,991
0.65%, 02/10/26 (Call 11/10/23)^(b)		345		307,671
0.75%, 03/11/25		1,220		1,142,579
0.75%, 11/24/27		3,375		2,902,230
0.75%, 08/26/30		3,330		2,617,879
0.85%, 02/10/27 (Call 11/10/23)^(b)		155		132,418
0.88%, 05/14/30^(b)		2,020		1,614,950
1.13%, 09/13/28		160		136,730
1.25%, 02/10/31		245		197,874
1.50%, 08/28/24^(b)		1,850		1,782,382
1.63%, 01/15/25		2,448		2,333,311
1.63%, 11/03/31		2,710		2,232,010
1.75%, 10/23/29		2,382		2,055,904
1.88%, 10/27/26		2,739		2,523,468
2.13%, 03/03/25		1,710		1,636,111
2.50%, 11/25/24		1,858		1,796,036
2.50%, 07/29/25		2,756		2,635,453
2.50%, 11/22/27		2,775		2,572,064
2.50%, 03/29/32		1,060		930,161
3.13%, 11/20/25		905		872,610
4.75%, 02/15/35^(b)		694		709,879
International Finance Corp.
0.38%, 07/16/25		425		390,817
0.75%, 10/08/26		420		373,901
0.75%, 08/27/30		1,220		959,115
1.38%, 10/16/24		1,801		1,723,539
2.13%, 04/07/26		675		633,123
3.63%, 09/15/25		2,520		2,459,545
Nordic Investment Bank
0.38%, 09/11/25		3,070		2,806,011
2.63%, 04/04/25		2,570		2,472,597
3.38%, 09/08/27		1,030		989,840

				74,195,088

Uruguay — 0.1%
Uruguay Government International Bond
4.13%, 11/20/45		180		158,853
4.98%, 04/20/55		514		486,100
5.10%, 06/18/50		547		528,320
5.75%, 10/28/34 (Call 07/28/34)		5		5,376
7.63%, 03/21/36		438		529,656

				1,708,305

Total Foreign Government Obligations — 3.4% (Cost: $113,347,842)				104,015,981


Municipal Debt Obligations

California — 0.0%
State of California GO BAB, 7.55%, 04/01/39		35		43,046


Illinois — 0.0%
State of Illinois GO, 5.10%, 06/01/33		95		92,130


Total Municipal Debt Obligations — 0.0% (Cost: $139,573)				135,176


Security	Par (000)		Value

U.S. Government & Agency Obligations

Mortgage-Backed Securities — 28.0%
Federal Home Loan Mortgage Corp.
2.50%, 01/01/32	$	91	$	83,908
3.00%, 05/01/29		3,334		3,233,204
3.00%, 03/01/46		355		312,421
3.00%, 09/01/46		332		294,598
3.00%, 12/01/46		428		376,867
3.00%, 12/01/50		474		411,607
3.00%, 02/01/52		1,466		1,277,139
3.50%, 05/01/33		19		18,184
3.50%, 06/01/34		14		13,008
3.50%, 03/01/38		29		26,698
3.50%, 10/01/42		10		8,997
3.50%, 10/01/44		11		10,062
3.50%, 07/01/47		14		12,591
3.50%, 09/01/47		13		11,925
3.50%, 02/01/48		7		6,295
3.50%, 03/01/48		5		4,741
4.00%, 09/01/45		6		5,194
4.00%, 01/01/48		355		332,865
4.00%, 02/01/48		4		4,053
4.00%, 01/01/49		8		7,331
4.00%, 02/01/53		4,503		4,185,424
4.50%, 10/01/48		15		14,039
4.50%, 01/01/49		3		2,527
5.00%, 04/01/53		724		701,939
5.00%, 06/01/53		1,404		1,366,479
5.50%, 04/01/53		745		741,075
5.50%, 05/01/53		1,882		1,860,488
6.00%, 08/01/53		3,240		3,289,336
Federal National Mortgage Association
1.50%, 09/01/52^(g)		1,000		754,023
2.50%, 09/01/38^(g)		11,538		10,375,637
2.50%, 07/01/52		882		732,376
3.00%, 09/01/38^(g)		10,168		9,395,073
3.00%, 07/01/50		646		561,745
3.00%, 09/01/50		565		490,808
3.00%, 11/01/50		492		427,924
3.00%, 01/01/51		545		473,204
3.00%, 01/01/52		3,680		3,178,456
3.00%, 03/01/52		729		630,965
3.50%, 09/01/38^(g)		5,947		5,607,268
3.50%, 07/01/50		512		461,465
4.00%, 09/01/38^(g)		4,750		4,560,371
4.00%, 11/01/49		285		265,051
4.00%, 01/01/50		90		84,592
4.50%, 09/01/38^(g)		25		24,354
5.00%, 03/01/53		635		620,612
5.50%, 02/01/53		641		634,540
5.50%, 05/01/53		996		984,435
5.50%, 06/01/53		551		549,036
5.50%, 07/01/53		2,073		2,059,997
6.00%, 08/01/53		865		880,932
Series 2017-M11, Class A2, 2.98%, 08/25/29		149		135,970
Series 2017-M8, Class A2, 3.06%, 05/25/27^(a)		1,583		1,485,861
Series 2021-M13, Class A2, 1.66%, 04/25/31^(a)		600		476,651
Series 2021-M17, Class A2, 1.71%, 07/25/31^(a)		1,000		797,558


Security	Par (000)		Value

Mortgage-Backed Securities (continued)
Freddie Mac Multifamily Structured Pass Through Certificates
2.58%, 05/25/32 (Call 06/25/32)	$	5,000	$	4,203,898
Series K047, Class A2, 3.33%, 05/25/25 (Call 05/25/25)^(a)		200		193,426
Series K048, Class A2, 3.28%, 06/25/25 (Call 08/25/25)^(a)		225		217,341
Series K062, Class A2, 3.41%, 12/25/26 (Call 01/25/27)		100		95,167
Series K077, Class A2, 3.85%, 05/25/28 (Call 05/25/28)^(a)		2,000		1,917,541
Series K100, Class A2, 2.67%, 09/25/29 (Call 10/25/29)		1,000		887,558
Series K101, Class A2, 2.52%, 10/25/29 (Call 01/25/30)		300		263,695
Series K115, Class A2, 1.38%, 06/25/30 (Call 07/25/30)		1,920		1,539,685
Series K131, Class A2, 1.85%, 07/25/31 (Call 09/25/31)		2,000		1,616,950
Series K735, Class A2, 2.86%, 05/25/26 (Call 06/25/26)		2,954		2,792,567
Series K739, Class A2, 1.34%, 09/25/27 (Call 09/25/27)		900		788,724
Government National Mortgage Association
1.50%, 10/20/51		239		189,288
2.00%, 07/20/50		75		62,590
2.00%, 08/20/50		3,434		2,847,768
2.00%, 09/20/50		4,124		3,418,926
2.00%, 11/20/50		1,711		1,418,119
2.00%, 12/20/50		1,767		1,464,125
2.00%, 02/20/51		1,846		1,525,930
2.00%, 08/20/51		4,269		3,522,119
2.00%, 10/20/51		3,258		2,689,795
2.00%, 11/20/51		897		739,894
2.00%, 12/20/51		3,321		2,739,684
2.00%, 01/20/52		2,791		2,302,454
2.00%, 03/20/52		1,420		1,169,452
2.00%, 04/20/52		4,130		3,402,379
2.00%, 09/21/53^(g)		14,644		12,077,868
2.50%, 12/20/46		112		96,747
2.50%, 06/20/50		3,956		3,395,522
2.50%, 08/20/50		329		278,272
2.50%, 09/20/50		457		386,492
2.50%, 01/20/51		1,228		1,051,446
2.50%, 02/20/51		7,304		6,250,353
2.50%, 05/20/51		871		744,906
2.50%, 07/20/51		2,926		2,497,919
2.50%, 08/20/51		7,631		6,506,933
2.50%, 11/20/51		3,079		2,623,213
2.50%, 12/20/51		2,860		2,435,413
2.50%, 02/20/52		2,266		1,929,503
2.50%, 03/20/52		3,907		3,325,176
2.50%, 04/20/52		1,105		940,506
2.50%, 05/20/52		2,088		1,778,850
2.50%, 07/20/52		692		589,543
2.50%, 08/20/52		1,670		1,422,804
2.50%, 09/21/53^(g)		10,260		8,728,214
3.00%, 07/20/45		55		49,312
3.00%, 11/20/45		256		229,540
3.00%, 12/20/45		44		39,517


Security	Par (000)		Value

Mortgage-Backed Securities (continued)
3.00%, 01/20/46	$	23	$	20,754
3.00%, 03/20/46		408		364,305
3.00%, 04/20/46		11		9,638
3.00%, 05/20/46		28		24,725
3.00%, 08/20/46		335		299,634
3.00%, 09/20/46		806		720,693
3.00%, 11/20/46		21		18,611
3.00%, 02/15/47		24		21,707
3.00%, 03/20/47		8		7,517
3.00%, 06/20/47		27		23,693
3.00%, 10/20/47		475		423,964
3.00%, 02/20/48		18		16,142
3.00%, 04/20/49		851		759,392
3.00%, 10/15/49		145		128,674
3.00%, 01/20/50		874		775,787
3.00%, 02/20/50		184		163,172
3.00%, 07/20/50		1,356		1,202,154
3.00%, 08/20/50		476		421,499
3.00%, 09/20/50		0		—
3.00%, 12/20/50		1,195		1,058,498
3.00%, 08/20/51		2,266		2,000,866
3.00%, 09/20/51		1,691		1,494,131
3.00%, 10/20/51		3,215		2,835,157
3.00%, 11/20/51		1,438		1,268,231
3.00%, 12/20/51		1,810		1,598,421
3.00%, 02/20/52		2,591		2,286,448
3.00%, 03/20/52		2,798		2,440,425
3.00%, 05/20/52		940		826,439
3.00%, 07/20/52		927		815,110
3.00%, 09/20/52		594		523,580
3.00%, 09/21/53^(g)		11,388		10,012,098
3.50%, 09/20/42		34		32,018
3.50%, 12/20/42		31		28,858
3.50%, 09/20/45		2,627		2,428,440
3.50%, 11/20/46		8		7,447
3.50%, 01/20/47		8		7,087
3.50%, 06/20/47		7		6,325
3.50%, 08/20/47		124		114,206
3.50%, 09/20/47		4,663		4,287,954
3.50%, 11/20/47		30		27,458
3.50%, 02/20/48		16		14,637
3.50%, 08/20/48		30		27,190
3.50%, 01/20/49		13		11,776
3.50%, 03/20/49		1,326		1,218,756
3.50%, 09/20/49		887		815,735
3.50%, 10/20/49		630		578,961
3.50%, 12/20/49		254		233,133
3.50%, 01/20/50		580		532,654
3.50%, 03/20/50		400		367,630
3.50%, 08/20/50		196		179,190
3.50%, 01/20/52		2,612		2,374,499
3.50%, 02/20/52		567		515,765
3.50%, 05/20/53		1,605		1,475,011
3.50%, 09/21/53^(g)		12,725		11,553,945
4.00%, 04/20/47		59		56,172
4.00%, 07/20/47		68		64,262
4.00%, 11/20/47		14		13,286
4.00%, 04/20/48		3		2,562
4.00%, 05/15/48		4		3,850
4.00%, 05/20/48		10		9,715


Security	Par (000)		Value

Mortgage-Backed Securities (continued)
4.00%, 08/20/48	$	22	$	21,141
4.00%, 09/20/48		58		54,923
4.00%, 11/20/48		655		618,517
4.00%, 12/20/48		1,161		1,095,948
4.00%, 02/20/49		812		766,373
4.00%, 01/20/50		2,400		2,263,731
4.00%, 02/20/50		1,981		1,868,174
4.00%, 07/20/52		268		249,555
4.00%, 09/20/52		2,922		2,722,500
4.00%, 12/20/52		708		659,344
4.00%, 09/21/53^(g)		6,131		5,712,368
4.50%, 07/20/41		922		903,806
4.50%, 06/20/48		20		19,731
4.50%, 08/20/48		3		3,267
4.50%, 09/20/48		248		239,351
4.50%, 10/20/48		124		119,404
4.50%, 12/20/48		48		47,047
4.50%, 01/20/49		181		174,804
4.50%, 03/20/49		1,420		1,371,739
4.50%, 06/20/49		35		33,359
4.50%, 07/20/49		14		13,770
4.50%, 08/20/49		4		3,514
4.50%, 07/20/52		961		916,191
4.50%, 08/20/52		4,301		4,099,215
4.50%, 09/20/53^(g)		5,199		4,954,485
5.00%, 04/20/48		6		6,294
5.00%, 05/20/48		3		2,799
5.00%, 11/20/48		2		2,094
5.00%, 12/20/48		5		4,463
5.00%, 01/20/49		23		22,352
5.00%, 06/20/49		342		337,806
5.00%, 07/20/52		245		238,676
5.00%, 09/20/52		1,784		1,735,641
5.00%, 09/21/53^(g)		9,577		9,319,057
5.50%, 12/20/52		2,878		2,848,823
5.50%, 01/20/53		122		121,317
5.50%, 03/20/53		2,549		2,522,397
5.50%, 04/20/53		2,745		2,716,761
5.50%, 06/20/53		602		595,493
5.50%, 07/20/53		699		695,312
5.50%, 09/21/53^(g)		7,447		7,371,366
6.00%, 09/20/53^(g)		5,825		5,843,886
Uniform Mortgage-Backed Securities
1.50%, 03/01/36		482		411,887
1.50%, 10/01/36		404		346,377
1.50%, 11/01/36		270		231,747
1.50%, 02/01/37		2,635		2,251,853
1.50%, 03/01/37		3,761		3,209,839
1.50%, 04/01/37		630		537,491
1.50%, 08/01/37		355		303,297
1.50%, 09/01/37^(g)		3,031		2,584,694
1.50%, 11/01/50		447		338,502
1.50%, 02/01/51		3,414		2,576,003
1.50%, 04/01/51		1,194		902,284
1.50%, 05/01/51		2,279		1,719,516
1.50%, 07/01/51		4,575		3,456,972
1.50%, 11/01/51		1,525		1,151,005
1.50%, 04/01/52		468		353,477
2.00%, 12/01/35		1,650		1,451,963
2.00%, 02/01/36		4,766		4,193,566


Security	Par (000)		Value

Mortgage-Backed Securities (continued)
2.00%, 03/01/36	$	724	$	637,764
2.00%, 05/01/36		1,561		1,374,855
2.00%, 06/01/36		1,419		1,248,300
2.00%, 08/01/36		1,237		1,089,047
2.00%, 09/01/36		2,083		1,828,129
2.00%, 10/01/36		598		526,649
2.00%, 11/01/36		1,223		1,076,510
2.00%, 12/01/36		1,657		1,458,149
2.00%, 01/01/37		3,487		3,067,847
2.00%, 02/01/37		5,366		4,709,054
2.00%, 03/01/37		226		198,800
2.00%, 04/01/37^(h)		6,163		5,401,918
2.00%, 04/01/37		2,231		1,955,487
2.00%, 05/01/37		3,227		2,827,834
2.00%, 06/01/37		2,334		2,047,525
2.00%, 09/19/37^(g)		11,136		9,755,641
2.00%, 07/01/50		1,293		1,037,049
2.00%, 08/01/50		827		664,235
2.00%, 09/01/50		3,944		3,160,022
2.00%, 10/01/50		2,734		2,190,921
2.00%, 11/01/50		4,245		3,397,236
2.00%, 12/01/50		8,349		6,717,191
2.00%, 01/01/51		3,877		3,108,432
2.00%, 02/01/51		3,118		2,496,514
2.00%, 03/01/51		4,602		3,683,139
2.00%, 04/01/51		8,625		6,897,686
2.00%, 05/01/51		6,069		4,857,091
2.00%, 05/01/51^(h)		6,573		5,250,311
2.00%, 06/01/51		4,143		3,317,345
2.00%, 07/01/51		2,922		2,337,622
2.00%, 08/01/51		5,730		4,573,301
2.00%, 09/01/51		1,831		1,460,796
2.00%, 10/01/51		14,476		11,582,464
2.00%, 11/01/51		12,909		10,314,481
2.00%, 12/01/51		8,215		6,559,311
2.00%, 01/01/52		13,057		10,423,904
2.00%, 02/01/52		16,780		13,363,491
2.00%, 03/01/52		5,026		3,999,805
2.00%, 09/14/53^(g)		32,485		25,864,922
2.50%, 01/01/32		75		69,343
2.50%, 04/01/32		343		317,027
2.50%, 06/01/32		132		122,044
2.50%, 01/01/33		66		63,562
2.50%, 11/01/34		403		364,694
2.50%, 07/01/35		552		501,088
2.50%, 10/01/35		2,254		2,036,124
2.50%, 03/01/36		918		830,967
2.50%, 05/01/36		1,868		1,684,812
2.50%, 06/01/36		477		430,629
2.50%, 07/01/36		1,815		1,637,523
2.50%, 08/01/36		334		301,536
2.50%, 03/01/37		1,063		958,729
2.50%, 04/01/37		1,239		1,116,934
2.50%, 05/01/37		2,161		1,946,866
2.50%, 06/01/37		907		817,002
2.50%, 04/01/47		13		11,152
2.50%, 05/01/50		2,347		1,960,342
2.50%, 06/01/50		86		71,888
2.50%, 07/01/50		235		197,841
2.50%, 08/01/50		256		214,668


Security	Par (000)		Value

Mortgage-Backed Securities (continued)
2.50%, 09/01/50	$	1,567	$	1,311,821
2.50%, 10/01/50		613		511,741
2.50%, 11/01/50		7,527		6,302,280
2.50%, 12/01/50		6,836		5,683,183
2.50%, 01/01/51		1,056		879,891
2.50%, 02/01/51		1,693		1,411,045
2.50%, 03/01/51		1,890		1,579,046
2.50%, 04/01/51		292		242,122
2.50%, 07/01/51		1,251		1,041,185
2.50%, 08/01/51		5,529		4,635,068
2.50%, 09/01/51		3,025		2,515,578
2.50%, 09/01/51^(h)		9,515		7,911,938
2.50%, 10/01/51		5,436		4,521,183
2.50%, 11/01/51		6,313		5,253,724
2.50%, 12/01/51		11,079		9,238,590
2.50%, 12/01/51^(h)		8,213		6,824,769
2.50%, 01/01/52		8,465		7,034,425
2.50%, 02/01/52		10,124		8,425,307
2.50%, 03/01/52		8,857		7,356,978
2.50%, 04/01/52		8,721		7,243,780
2.50%, 05/01/52		2,095		1,739,431
2.50%, 07/01/52		2,893		2,399,258
2.50%, 09/14/53^(g)		27,129		22,472,561
3.00%, 03/01/30		983		950,681
3.00%, 01/01/31		43		40,493
3.00%, 08/01/32		79		73,745
3.00%, 10/01/33		33		30,515
3.00%, 07/01/34		8		7,561
3.00%, 09/01/34		55		50,760
3.00%, 11/01/34		26		23,805
3.00%, 12/01/34		62		57,923
3.00%, 03/01/35		197		183,139
3.00%, 07/01/35		160		148,901
3.00%, 10/01/35		488		453,648
3.00%, 07/01/37		803		744,105
3.00%, 07/01/46		421		370,132
3.00%, 11/01/46		885		778,073
3.00%, 12/01/46		419		368,171
3.00%, 12/01/47		185		162,584
3.00%, 01/01/48		66		58,370
3.00%, 03/01/48		1,178		1,035,178
3.00%, 11/01/48		126		111,058
3.00%, 02/01/49		4,356		3,832,299
3.00%, 09/01/49		10		9,101
3.00%, 11/01/49		8		6,843
3.00%, 12/01/49		95		82,349
3.00%, 02/01/50		1,803		1,569,734
3.00%, 03/01/50		155		134,960
3.00%, 04/01/50		264		229,185
3.00%, 05/01/50		40		35,067
3.00%, 06/01/50		3,562		3,089,563
3.00%, 07/01/50		2,049		1,781,143
3.00%, 08/01/50		2,072		1,810,160
3.00%, 10/01/50		4,218		3,657,564
3.00%, 11/01/50		478		415,201
3.00%, 01/01/51		715		621,223
3.00%, 04/01/51^(h)		7,631		6,601,115
3.00%, 05/01/51		316		276,678
3.00%, 06/01/51		8,940		7,733,245
3.00%, 08/01/51		1,011		881,055


Security	Par (000)		Value

Mortgage-Backed Securities (continued)
3.00%, 11/01/51	$	568	$	491,002
3.00%, 03/01/52		4,472		3,861,961
3.00%, 04/01/52		9,530		8,236,614
3.00%, 05/01/52		2,900		2,505,142
3.00%, 09/01/53^(g)		10,690		9,209,686
3.50%, 06/01/33		20		19,307
3.50%, 11/01/33		16		15,081
3.50%, 02/01/34		412		391,647
3.50%, 07/01/34		24		23,040
3.50%, 08/01/34		12		10,940
3.50%, 01/01/35		17		15,756
3.50%, 07/01/45		4,289		3,911,141
3.50%, 08/01/45		43		39,051
3.50%, 01/01/46		98		90,169
3.50%, 09/01/46		403		368,900
3.50%, 01/01/47		58		52,721
3.50%, 07/01/47		1,903		1,744,697
3.50%, 08/01/47		12		10,487
3.50%, 09/01/47		159		144,567
3.50%, 10/01/47		1,137		1,032,255
3.50%, 11/01/47		277		251,200
3.50%, 01/01/48		2,055		1,865,324
3.50%, 02/01/48		835		757,156
3.50%, 04/01/48		64		58,485
3.50%, 07/01/48		175		159,282
3.50%, 11/01/48		10		9,479
3.50%, 01/01/49		115		104,039
3.50%, 02/01/49		302		276,303
3.50%, 03/01/49		822		746,576
3.50%, 06/01/49		2,717		2,466,567
3.50%, 08/01/49		1,012		918,520
3.50%, 09/01/49		2,245		2,030,094
3.50%, 04/01/50		162		146,952
3.50%, 05/01/50		5,539		5,015,430
3.50%, 06/01/50		318		287,082
3.50%, 02/01/51		4,604		4,163,449
3.50%, 10/01/51		864		784,407
3.50%, 05/01/52		7,555		6,762,533
3.50%, 06/01/52		5,960		5,358,360
3.50%, 07/01/52		1,956		1,751,506
3.50%, 09/14/53^(g)		16,603		14,839,580
4.00%, 07/01/33		12		11,345
4.00%, 01/01/46		277		261,248
4.00%, 10/01/46		8		7,771
4.00%, 07/01/47		1,799		1,686,792
4.00%, 08/01/47		337		318,325
4.00%, 09/01/47		399		374,117
4.00%, 05/01/48		2,398		2,246,799
4.00%, 09/01/48		2,657		2,489,722
4.00%, 10/01/48		5		4,944
4.00%, 12/01/48		3		2,536
4.00%, 01/01/49		1,442		1,351,387
4.00%, 03/01/49		1,632		1,529,402
4.00%, 05/01/49		15		14,513
4.00%, 06/01/49		16		14,918
4.00%, 07/01/49		2,190		2,051,533
4.00%, 12/01/49		10		9,181
4.00%, 04/01/50		1,968		1,840,294
4.00%, 05/01/50		1,137		1,062,882
4.00%, 05/01/51		283		264,720


Security	Par (000)		Value

Mortgage-Backed Securities (continued)
4.00%, 04/01/52	$	654	$	604,770
4.00%, 05/01/52		1,540		1,422,704
4.00%, 06/01/52		1,737		1,605,199
4.00%, 07/01/52		3,811		3,520,829
4.00%, 08/01/52		3,955		3,655,564
4.00%, 09/01/52		577		533,369
4.00%, 10/01/52		726		672,951
4.00%, 09/14/53^(g)		11,225		10,360,324
4.50%, 10/01/47		9		8,818
4.50%, 08/01/48		23		22,000
4.50%, 10/01/48		441		425,432
4.50%, 11/01/48		19		18,508
4.50%, 12/01/48		24		23,548
4.50%, 01/01/49		67		64,506
4.50%, 02/01/49		91		87,898
4.50%, 04/01/49		167		160,996
4.50%, 05/01/49		12		11,629
4.50%, 09/01/50		1,345		1,297,490
4.50%, 05/01/52		473		453,499
4.50%, 06/01/52		2,129		2,019,884
4.50%, 07/01/52		242		229,983
4.50%, 08/01/52		712		675,670
4.50%, 09/01/52		4,209		4,004,345
4.50%, 10/01/52^(h)		7,116		6,770,700
4.50%, 10/01/52		2,011		1,911,079
4.50%, 12/01/52		2,269		2,163,326
4.50%, 09/14/53^(g)		9,520		9,026,150
5.00%, 06/01/48		136		134,258
5.00%, 04/01/49		11		10,652
5.00%, 12/01/49		399		393,817
5.00%, 08/01/52		427		415,311
5.00%, 09/01/52		904		881,641
5.00%, 10/01/52		889		864,276
5.00%, 11/01/52		1,203		1,171,187
5.00%, 12/01/52		1,230		1,199,471
5.00%, 01/01/53		8,227		7,986,692
5.00%, 04/01/53		1,522		1,475,475
5.00%, 09/14/53^(g)		7,725		7,490,383
5.50%, 09/01/52		500		501,698
5.50%, 11/01/52		645		641,291
5.50%, 12/01/52		2,561		2,549,216
5.50%, 01/01/53		2,489		2,481,611
5.50%, 02/01/53		2,415		2,390,733
5.50%, 03/01/53		1,623		1,615,262
5.50%, 04/01/53		2,981		2,967,727
5.50%, 09/14/53^(g)		4,701		4,641,503
6.00%, 09/14/53^(g)		12,925		12,958,827

				861,593,176

U.S. Government Agency Obligations — 0.2%
Federal Home Loan Banks, 3.25%, 11/16/28		510		484,995
Federal Home Loan Mortgage Corp.
3.00%, 05/01/51		1,425		1,239,590
Series 1, 0.00%, 11/15/38^(c)		20		9,779
Federal National Mortgage Association
1.63%, 01/07/25		300		285,975
5.63%, 07/15/37		2,142		2,396,234
6.21%, 08/06/38		110		126,954
6.25%, 05/15/29		378		414,001
6.63%, 11/15/30		440		500,935


Security	Par (000)		Value

U.S. Government Agency Obligations (continued)
7.13%, 01/15/30	$	750	$	863,520

				6,321,983

U.S. Government Obligations — 40.6%
U.S. Treasury Note/Bond
0.25%, 05/31/25		5,830		5,371,571
0.25%, 06/30/25^(b)		4,120		3,786,055
0.25%, 07/31/25		3,850		3,525,758
0.25%, 08/31/25		5,100		4,655,344
0.25%, 09/30/25		3,300		3,006,352
0.25%, 10/31/25		8,390		7,615,891
0.38%, 08/15/24		2,050		1,954,547
0.38%, 09/15/24		5,600		5,320,219
0.38%, 04/30/25		3,400		3,150,312
0.38%, 11/30/25		7,650		6,942,973
0.38%, 12/31/25		10,500		9,512,344
0.38%, 01/31/26		10,250		9,249,824
0.38%, 09/30/27		5,400		4,602,234
0.50%, 03/31/25		3,400		3,166,383
0.50%, 02/28/26		4,850		4,379,020
0.50%, 04/30/27		2,350		2,041,379
0.50%, 05/31/27		1,100		952,789
0.50%, 06/30/27		1,900		1,641,719
0.50%, 08/31/27		6,300		5,413,078
0.50%, 10/31/27		9,250		7,903,691
0.63%, 10/15/24		7,000		6,645,898
0.63%, 07/31/26		3,000		2,682,891
0.63%, 03/31/27		1,000		875,234
0.63%, 11/30/27		7,450		6,384,883
0.63%, 12/31/27		10,300		8,804,891
0.63%, 05/15/30		1,800		1,427,625
0.63%, 08/15/30		7,300		5,752,172
0.75%, 11/15/24		8,230		7,799,211
0.75%, 04/30/26		3,240		2,930,175
0.75%, 05/31/26		1,350		1,217,531
0.75%, 08/31/26		7,000		6,267,734
0.75%, 01/31/28		6,300		5,402,742
0.88%, 06/30/26		7,590		6,860,648
0.88%, 09/30/26		5,700		5,114,414
0.88%, 11/15/30		5,090		4,073,591
1.00%, 12/15/24		5,750		5,449,473
1.00%, 07/31/28		5,000		4,279,297
1.13%, 01/15/25		8,000		7,573,750
1.13%, 10/31/26		1,500		1,352,227
1.13%, 02/28/27		2,850		2,548,078
1.13%, 02/29/28		4,000		3,481,875
1.13%, 08/31/28		8,750		7,520,215
1.13%, 02/15/31		10,700		8,692,078
1.13%, 05/15/40		6,100		3,774,375
1.13%, 08/15/40		8,500		5,215,547
1.25%, 08/31/24		2,300		2,207,910
1.25%, 11/30/26		7,200		6,502,500
1.25%, 12/31/26		8,600		7,756,125
1.25%, 03/31/28		7,100		6,204,180
1.25%, 04/30/28		5,100		4,447,359
1.25%, 05/31/28		4,700		4,091,203
1.25%, 06/30/28		7,770		6,750,187
1.25%, 09/30/28		12,200		10,528,219
1.25%, 08/15/31		12,400		10,013,000
1.25%, 05/15/50		8,550		4,468,711
1.38%, 01/31/25		5,150		4,886,264


Security	Par (000)		Value

U.S. Government Obligations (continued)
1.38%, 08/31/26	$	375	$	342,158
1.38%, 10/31/28		5,000		4,333,984
1.38%, 12/31/28		5,750		4,967,910
1.38%, 11/15/31		10,500		8,509,922
1.38%, 11/15/40		7,650		4,881,656
1.38%, 08/15/50		4,720		2,550,275
1.50%, 10/31/24		2,800		2,681,328
1.50%, 11/30/24		2,500		2,387,012
1.50%, 02/15/25		6,100		5,790,473
1.50%, 08/15/26		3,550		3,254,074
1.50%, 01/31/27		13,900		12,608,820
1.50%, 11/30/28		5,300		4,616,383
1.50%, 02/15/30		4,200		3,562,453
1.63%, 02/15/26		3,975		3,694,887
1.63%, 05/15/26		6,500		6,011,484
1.63%, 10/31/26		2,500		2,289,453
1.63%, 11/30/26		1,600		1,463,000
1.63%, 08/15/29		665		575,848
1.63%, 05/15/31		8,500		7,118,750
1.63%, 11/15/50		6,100		3,526,562
1.75%, 12/31/24		2,950		2,819,555
1.75%, 03/15/25		4,670		4,441,061
1.75%, 12/31/26		4,750		4,355,156
1.75%, 01/31/29		7,200		6,330,375
1.75%, 11/15/29		550		478,242
1.75%, 08/15/41		8,400		5,642,437
1.88%, 08/31/24		3,010		2,907,589
1.88%, 06/30/26		1,175		1,092,658
1.88%, 02/28/27		1,800		1,651,359
1.88%, 02/28/29		4,400		3,890,906
1.88%, 02/15/32		10,600		8,908,969
1.88%, 02/15/41		6,500		4,508,359
1.88%, 02/15/51		7,800		4,810,406
1.88%, 11/15/51		7,750		4,761,406
2.00%, 02/15/25		1,425		1,362,768
2.00%, 08/15/25		5,520		5,225,025
2.00%, 11/15/26		4,150		3,842,641
2.00%, 11/15/41		6,900		4,827,844
2.00%, 02/15/50		4,450		2,848,695
2.00%, 08/15/51		7,000		4,442,812
2.13%, 09/30/24		3,000		2,899,219
2.13%, 05/15/25		480		457,575
2.13%, 05/31/26		800		749,563
2.25%, 11/15/24		375		361,743
2.25%, 12/31/24		2,100		2,020,512
2.25%, 11/15/25		10,600		10,041,016
2.25%, 03/31/26		275		259,273
2.25%, 02/15/27		4,300		3,997,992
2.25%, 08/15/27		2,100		1,938,727
2.25%, 11/15/27		5,070		4,662,023
2.25%, 05/15/41		5,300		3,903,781
2.25%, 08/15/46		6,855		4,720,310
2.25%, 08/15/49		400		272,063
2.25%, 02/15/52		7,850		5,296,297
2.38%, 08/15/24		675		655,963
2.38%, 05/15/27		4,650		4,327,770
2.38%, 03/31/29		6,200		5,621,656
2.38%, 05/15/29		6,090		5,516,208
2.38%, 02/15/42		7,250		5,392,336
2.38%, 11/15/49		1,690		1,181,416


Security	Par (000)		Value

U.S. Government Obligations (continued)
2.38%, 05/15/51	$	6,000	$	4,170,000
2.50%, 01/31/25		3,230		3,113,039
2.50%, 02/28/26		5,400		5,127,047
2.50%, 03/31/27		3,400		3,185,641
2.50%, 02/15/45		2,250		1,650,938
2.50%, 02/15/46		6,050		4,396,648
2.50%, 05/15/46		4,950		3,593,391
2.63%, 03/31/25		600		577,781
2.63%, 04/15/25		3,130		3,012,625
2.63%, 12/31/25		10,800		10,302,187
2.63%, 01/31/26		350		333,512
2.63%, 05/31/27		4,300		4,036,289
2.63%, 02/15/29		5,215		4,801,059
2.75%, 02/28/25		2,280		2,202,694
2.75%, 05/15/25		3,500		3,372,031
2.75%, 06/30/25		3,900		3,751,465
2.75%, 08/31/25		3,900		3,743,238
2.75%, 04/30/27		4,000		3,775,625
2.75%, 07/31/27		7,000		6,589,844
2.75%, 02/15/28		4,225		3,957,637
2.75%, 05/31/29		6,700		6,187,555
2.75%, 08/15/32		11,000		9,874,219
2.75%, 08/15/42		1,475		1,159,258
2.75%, 11/15/42		3,425		2,683,809
2.75%, 08/15/47		4,300		3,257,922
2.75%, 11/15/47		5,500		4,163,672
2.88%, 04/30/25		2,160		2,086,172
2.88%, 05/31/25		3,975		3,834,788
2.88%, 06/15/25		7,000		6,751,992
2.88%, 07/31/25		1,500		1,444,629
2.88%, 11/30/25		5,800		5,568,453
2.88%, 05/15/28		7,057		6,633,593
2.88%, 08/15/28		6,900		6,469,289
2.88%, 04/30/29		5,440		5,062,600
2.88%, 05/15/32		10,100		9,178,375
2.88%, 05/15/43		1,600		1,273,500
2.88%, 08/15/45		3,395		2,653,935
2.88%, 11/15/46		3,800		2,954,500
2.88%, 05/15/49		1,435		1,112,573
2.88%, 05/15/52		7,610		5,907,262
3.00%, 07/15/25		5,250		5,069,941
3.00%, 09/30/25		3,300		3,180,891
3.00%, 10/31/25		1,200		1,155,844
3.00%, 05/15/42		170		139,427
3.00%, 11/15/44		1,600		1,286,750
3.00%, 05/15/45		1,285		1,029,004
3.00%, 11/15/45		4,400		3,513,812
3.00%, 02/15/47		4,475		3,556,926
3.00%, 05/15/47		3,900		3,099,281
3.00%, 02/15/48		13,400		10,634,156
3.00%, 08/15/48		2,555		2,027,233
3.00%, 02/15/49		375		297,598
3.00%, 08/15/52		8,700		6,934,172
3.13%, 08/15/25		4,100		3,965,949
3.13%, 08/31/27		3,000		2,862,891
3.13%, 11/15/28		275		260,369
3.13%, 08/31/29		6,900		6,493,008
3.13%, 11/15/41		825		695,836
3.13%, 02/15/42		1,000		839,688
3.13%, 02/15/43		2,500		2,075,391


Security	Par (000)		Value

U.S. Government Obligations (continued)
3.13%, 08/15/44	$	1,600	$	1,315,500
3.13%, 05/15/48		10,450		8,485,727
3.25%, 06/30/27		4,700		4,512,367
3.25%, 06/30/29		5,500		5,215,117
3.25%, 05/15/42		6,629		5,659,167
3.38%, 05/15/33		11,940		11,249,719
3.38%, 08/15/42		3,100		2,689,734
3.38%, 05/15/44		1,020		874,172
3.38%, 11/15/48		6,400		5,438,000
3.50%, 09/15/25		7,000		6,817,344
3.50%, 01/31/28		7,000		6,770,312
3.50%, 04/30/28		5,400		5,221,125
3.50%, 01/31/30		8,400		8,056,781
3.50%, 04/30/30		9,000		8,628,750
3.50%, 02/15/33		22,000		20,951,562
3.50%, 02/15/39		1,350		1,240,734
3.63%, 05/15/26		16,700		16,287,719
3.63%, 03/31/28		8,500		8,262,930
3.63%, 05/31/28		9,000		8,753,906
3.63%, 03/31/30		5,180		5,003,556
3.63%, 08/15/43		1,225		1,094,078
3.63%, 02/15/44		720		641,813
3.63%, 02/15/53		15,000		13,514,062
3.63%, 05/15/53		12,200		11,002,875
3.75%, 04/15/26		12,500		12,229,492
3.75%, 05/31/30		10,000		9,729,687
3.75%, 06/30/30		10,000		9,729,687
3.75%, 11/15/43		300		272,719
3.88%, 01/15/26		13,900		13,637,203
3.88%, 11/30/27		4,000		3,926,875
3.88%, 12/31/27		3,000		2,945,391
3.88%, 09/30/29		5,000		4,898,828
3.88%, 11/30/29		3,800		3,723,406
3.88%, 12/31/29		8,000		7,838,125
3.88%, 08/15/33		3,000		2,946,094
3.88%, 08/15/40		300		284,625
3.88%, 02/15/43		8,000		7,442,500
3.88%, 05/15/43		8,900		8,277,000
4.00%, 12/15/25		11,900		11,707,555
4.00%, 02/15/26		20,600		20,274,906
4.00%, 02/29/28		8,000		7,901,875
4.00%, 06/30/28		9,500		9,387,187
4.00%, 10/31/29		4,900		4,834,156
4.00%, 02/28/30		15,400		15,202,687
4.00%, 07/31/30		6,500		6,422,812
4.00%, 11/15/42		5,300		5,027,547
4.00%, 11/15/52		6,800		6,562,000
4.13%, 01/31/25		4,100		4,042,184
4.13%, 06/15/26		18,873		18,654,781
4.13%, 09/30/27		3,000		2,972,344
4.13%, 10/31/27		4,800		4,755,750
4.13%, 07/31/28^(b)		13,400		13,322,531
4.13%, 08/31/30		3,000		2,987,344
4.13%, 11/15/32		12,200		12,194,281
4.13%, 08/15/53		2,000		1,973,125
4.25%, 12/31/24		6,500		6,419,512
4.25%, 05/31/25		4,100		4,049,551
4.25%, 10/15/25		13,140		12,992,175
4.25%, 05/15/39		1,200		1,203,000
4.25%, 11/15/40		250		248,828


Security	Par/ Shares (000)		Value

U.S. Government Obligations (continued)
4.38%, 08/15/26	$	12,000	$	11,944,688
4.38%, 08/31/28		5,000		5,030,469
4.38%, 02/15/38		2,400		2,457,000
4.38%, 11/15/39		150		152,063
4.38%, 05/15/40		250		252,930
4.38%, 05/15/41		500		503,438
4.38%, 08/15/43		600		598,406
4.50%, 11/15/25		6,000		5,962,500
4.50%, 02/15/36		900		940,359
4.50%, 05/15/38		3,900		4,038,937
4.50%, 08/15/39		2,000		2,060,625
4.63%, 02/28/25		4,200		4,170,633
4.63%, 03/15/26		20,560		20,545,544
4.63%, 02/15/40		250		260,938
4.75%, 06/30/25		1,500		1,491,621
4.75%, 07/31/25		1,000		997,266
4.75%, 07/15/26		18,100		18,068,891
4.75%, 02/15/37		500		533,906
5.00%, 05/15/37		2,400		2,623,500
5.38%, 02/15/31		1,000		1,074,375
6.13%, 08/15/29		1,000		1,096,016
6.25%, 05/15/30		100		111,625
6.38%, 08/15/27		800		855,063

				1,250,308,394


Total U.S. Government & Agency Obligations — 68.8% (Cost: $2,319,392,316)				2,118,223,553


Total Long-Term Investments — 99.6% (Cost: $3,367,445,024)				3,065,479,064


Short-Term Securities

Money Market Funds — 9.8%
BlackRock Cash Funds: Institutional, SL Agency Shares, 5.52%^(i)(j)		276,231		276,314,247
BlackRock Cash Funds: Treasury, SL Agency Shares, 5.31%^(i)(j)(k)		26,869		26,868,970


Total Short-Term Securities — 9.8% (Cost: $303,122,578)				303,183,217


Total Investments Before TBA Sales Commitments — 109.4% (Cost: $3,670,567,602)				3,368,662,281


Security	Par (000)			Value

TBA Sales Commitments^(g)

Mortgage-Backed Securities — (0.8)%
Government National Mortgage Association
2.50%, 09/21/53		(5,775	)	$	(4,912,811	)
3.00%, 09/21/53		(2,800	)		(2,461,703	)
3.50%, 09/21/53		(3,275	)		(2,973,726	)
5.50%, 09/21/53		(1,950	)		(1,930,195	)
Uniform Mortgage-Backed Securities
2.50%, 09/14/53		(6,475	)		(5,363,627	)
3.50%, 09/14/53		(4,725	)		(4,223,153	)
6.00%, 09/14/53		(3,250	)		(3,258,506	)


Total TBA Sales Commitments — (0.8)% (Proceeds: $(24,859,598))					(25,123,721	)

Total Investments, Net of TBA Sales Commitments — 108.6% (Cost: $3,645,708,004)					3,343,538,560

Liabilities in Excess of Other Assets — (8.6)%					(264,410,155	)


Net Assets — 100.0%				$	3,079,128,405

^(a)	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.

^(b)	All or a portion of this security is on loan.

^(c)	Zero-coupon bond.

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

^(e)	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.

^(f)	U.S. dollar denominated security issued by foreign domiciled entity.

^(g)	Represents or includes a TBA transaction.

^(h)	All or a portion of the security has been pledged as collateral in connection with outstanding TBA commitments.

⁽ⁱ⁾	Affiliate of the Fund.

^(j)	Annualized 7-day yield as of period end.

^(k)	All or a portion of this security was purchased with the cash collateral from loaned securities.


Security	Par (000)		Value

Corporate Bonds & Notes

Advertising — 0.2%
Interpublic Group of Companies Inc. (The)
4.65%, 10/01/28 (Call 07/01/28)	$	94	$	89,934
4.75%, 03/30/30 (Call 12/30/29)		59		56,261
5.38%, 06/15/33 (Call 03/15/33)		47		45,363
5.40%, 10/01/48 (Call 04/01/48)		333		303,003
Omnicom Group Inc.
2.45%, 04/30/30 (Call 01/30/30)		12		9,947
4.20%, 06/01/30 (Call 03/01/30)		17		15,695
WPP Finance 2010, 3.75%, 09/19/24		1,579		1,535,230

				2,055,433

Aerospace & Defense — 1.1%
Hexcel Corp.
4.20%, 02/15/27 (Call 11/15/26)		915		859,862
4.95%, 08/15/25 (Call 05/15/25)		885		861,539
L3Harris Technologies Inc.
1.80%, 01/15/31 (Call 10/15/30)		214		168,467
2.90%, 12/15/29 (Call 09/15/29)		1,023		889,989
3.83%, 04/27/25 (Call 01/27/25)		327		318,246
4.40%, 06/15/28 (Call 03/15/28)		1,228		1,180,330
4.85%, 04/27/35 (Call 10/27/34)		348		328,060
5.05%, 04/27/45 (Call 10/27/44)		244		225,195
5.40%, 01/15/27		300		300,711
5.40%, 07/31/33 (Call 04/30/33)		310		310,564
5.60%, 07/31/53		60		60,224
6.15%, 12/15/40		440		453,319
RTX Corp.
2.25%, 07/01/30 (Call 04/01/30)		892		739,967
2.82%, 09/01/51 (Call 03/01/51)		176		109,866
3.03%, 03/15/52 (Call 09/15/51)^(a)		125		81,960
3.13%, 07/01/50 (Call 01/01/50)		319		216,030
3.75%, 11/01/46 (Call 05/01/46)		222		168,420
4.05%, 05/04/47 (Call 11/04/46)		232		186,621
4.13%, 11/16/28 (Call 08/16/28)		880		839,617
4.15%, 05/15/45 (Call 11/16/44)		245		198,945
4.35%, 04/15/47 (Call 10/15/46)		135		113,526
4.45%, 11/16/38 (Call 05/16/38)		109		96,549
4.50%, 06/01/42		839		732,002
4.63%, 11/16/48 (Call 05/16/48)		502		441,153
4.70%, 12/15/41		102		90,661
4.88%, 10/15/40^(a)		124		113,182
5.40%, 05/01/35		265		264,830
5.70%, 04/15/40		250		250,375
6.05%, 06/01/36		225		235,084
6.13%, 07/15/38		290		303,317
7.50%, 09/15/29		530		591,856

				11,730,467

Agriculture — 0.8%
Archer-Daniels-Midland Co.
2.50%, 08/11/26 (Call 05/11/26)		403		378,304
2.70%, 09/15/51 (Call 03/15/51)		285		183,740
3.25%, 03/27/30 (Call 12/27/29)		120		109,106
3.75%, 09/15/47 (Call 03/15/47)		169		134,725
4.02%, 04/16/43		128		105,841
4.50%, 08/15/33 (Call 05/15/33)^(a)		110		106,297
4.50%, 03/15/49 (Call 09/15/48)		135		120,959
4.54%, 03/26/42		5		4,492
5.38%, 09/15/35		134		136,437
5.94%, 10/01/32^(a)		312		332,205


Security	Par (000)		Value

Agriculture (continued)
Bunge Ltd. Finance Corp.
1.63%, 08/17/25 (Call 07/17/25)	$	4,050	$	3,750,543
2.75%, 05/14/31 (Call 02/14/31)		263		220,026
3.25%, 08/15/26 (Call 05/15/26)		1,533		1,443,197
3.75%, 09/25/27 (Call 06/25/27)		1,697		1,597,403

				8,623,275

Airlines — 0.1%
Southwest Airlines Co.
2.63%, 02/10/30 (Call 11/10/29)		265		223,700
3.00%, 11/15/26 (Call 08/15/26)		92		85,699
3.45%, 11/16/27 (Call 08/16/27)^(a)		144		133,093
5.13%, 06/15/27 (Call 04/15/27)		402		396,967

				839,459

Apparel — 0.3%
NIKE Inc.
2.38%, 11/01/26 (Call 08/01/26)		605		560,399
2.75%, 03/27/27 (Call 01/27/27)		135		126,113
2.85%, 03/27/30 (Call 12/27/29)		154		137,279
3.25%, 03/27/40 (Call 09/27/39)		53		42,777
3.38%, 11/01/46 (Call 05/01/46)		191		147,687
3.38%, 03/27/50 (Call 09/27/49)^(a)		218		168,303
3.88%, 11/01/45 (Call 05/01/45)^(a)		248		211,807
PVH Corp., 4.63%, 07/10/25 (Call 06/10/25)		760		735,103
Ralph Lauren Corp.
2.95%, 06/15/30 (Call 03/15/30)		45		39,560
3.75%, 09/15/25 (Call 07/15/25)		98		94,925
Tapestry Inc.
4.13%, 07/15/27 (Call 04/15/27)		20		18,675
4.25%, 04/01/25 (Call 01/01/25)		162		157,509
VF Corp.
2.40%, 04/23/25 (Call 03/23/25)		180		169,882
2.80%, 04/23/27 (Call 02/23/27)^(a)		348		316,099
2.95%, 04/23/30 (Call 01/23/30)^(a)		318		263,927

				3,190,045

Auto Manufacturers — 0.8%
American Honda Finance Corp.
2.30%, 09/09/26		1,227		1,127,834
2.35%, 01/08/27		370		338,635
3.50%, 02/15/28		598		561,438
4.60%, 04/17/30		150		145,881
5.00%, 05/23/25		250		247,785
5.13%, 07/07/28		125		125,116
5.25%, 07/07/26		125		125,200
Cummins Inc.
1.50%, 09/01/30 (Call 06/01/30)		1,431		1,150,152
2.60%, 09/01/50 (Call 03/01/50)^(a)		140		86,631
4.88%, 10/01/43 (Call 04/01/43)		245		224,437
General Motors Co.
5.00%, 04/01/35		126		112,538
5.15%, 04/01/38 (Call 10/01/37)		167		145,522
5.20%, 04/01/45		200		164,246
5.40%, 04/01/48 (Call 10/01/47)		176		146,708
5.60%, 10/15/32 (Call 07/15/32)^(a)		115		110,961
5.95%, 04/01/49 (Call 10/01/48)^(a)		241		215,881
6.25%, 10/02/43		261		245,345
6.60%, 04/01/36 (Call 10/01/35)		333		335,181
6.75%, 04/01/46 (Call 10/01/45)		183		180,431
General Motors Financial Co. Inc.
2.35%, 01/08/31 (Call 10/08/30)		35		27,186


Security	Par (000)		Value

Auto Manufacturers (continued)
2.70%, 06/10/31 (Call 03/10/31)	$	230	$	181,461
3.10%, 01/12/32 (Call 10/12/31)		150		119,876
3.60%, 06/21/30 (Call 03/21/30)		225		193,232
4.30%, 04/06/29 (Call 02/06/29)		200		182,832
5.65%, 01/17/29 (Call 10/17/28)		104		102,238
5.80%, 06/23/28 (Call 05/23/28)		130		128,911
6.40%, 01/09/33 (Call 10/09/32)^(a)		235		236,800
Honda Motor Co. Ltd., 2.97%, 03/10/32 (Call 12/10/31)		270		235,683
Mercedes-Benz Finance North America LLC, 8.50%, 01/18/31		538		656,177
Toyota Motor Corp., 3.67%, 07/20/28^(a)		28		26,676
Toyota Motor Credit Corp.
1.90%, 09/12/31		20		15,990
2.15%, 02/13/30		90		76,387
3.38%, 04/01/30		73		66,393
3.65%, 01/08/29		23		21,704
4.70%, 01/12/33^(a)		380		372,548
5.00%, 08/14/26		50		49,983

				8,483,999

Auto Parts & Equipment — 0.2%
Aptiv PLC
3.10%, 12/01/51 (Call 06/01/51)		392		238,642
3.25%, 03/01/32 (Call 12/01/31)^(a)		365		309,188
4.15%, 05/01/52 (Call 11/01/51)		300		222,789
4.35%, 03/15/29 (Call 12/15/28)^(a)		122		117,599
4.40%, 10/01/46 (Call 04/01/46)^(a)		36		27,446
5.40%, 03/15/49 (Call 09/15/48)^(a)		108		94,677
BorgWarner Inc.
3.38%, 03/15/25 (Call 12/15/24)^(a)		31		29,921
4.38%, 03/15/45 (Call 09/15/44)		103		81,333
Lear Corp.
3.50%, 05/30/30 (Call 02/28/30)		107		93,434
3.55%, 01/15/52 (Call 07/15/51)		62		40,501
3.80%, 09/15/27 (Call 06/15/27)		65		60,876
4.25%, 05/15/29 (Call 02/15/29)		165		153,346
5.25%, 05/15/49 (Call 11/15/48)		163		141,779
Magna International Inc., 4.15%, 10/01/25 (Call 07/01/25)		50		48,586

				1,660,117

Banks — 21.9%
Australia & New Zealand Banking Group Ltd., 3.70%, 11/16/25		2,587		2,502,146
Banco Bilbao Vizcaya Argentaria SA 1.13%, 09/18/25^(a)		6,310		5,756,108
5.86%, 09/14/26 (Call 09/14/25), (1-year CMT + 2.300%)^(b)		465		461,136
6.14%, 09/14/28 (Call 09/14/27), (1-year CMT + 2.700%)^(b)		310		311,255
Banco Santander SA
1.72%, 09/14/27 (Call 09/14/26), (1-year CMT + 0.900%)^(b)		635		557,847
2.96%, 03/25/31^(a)		435		357,753
3.23%, 11/22/32 (Call 08/22/31), (1-year CMT + 1.600%)^(b)		260		203,837
3.49%, 05/28/30		180		155,770
3.80%, 02/23/28		200		183,126
4.18%, 03/24/28 (Call 03/24/27), (1-year CMT + 2.000%)^(b)		265		248,252
4.25%, 04/11/27		545		515,325


Security	Par (000)		Value

Banks (continued)
4.38%, 04/12/28	$	260	$	244,200
5.18%, 11/19/25		200		195,542
5.59%, 08/08/28		200		198,254
6.92%, 08/08/33		600		600,228
Bank of America Corp.
1.90%, 07/23/31 (Call 07/23/30), (1-day SOFR + 1.530%)^(b)		85		67,007
1.92%, 10/24/31 (Call 10/24/30), (1-day SOFR + 1.370%)^(b)		80		62,669
2.09%, 06/14/29 (Call 06/14/28), (1-day SOFR + 1.060%)^(b)		170		144,937
2.30%, 07/21/32 (Call 07/21/31), (1-day SOFR + 1.220%)^(b)		425		335,125
2.48%, 09/21/36 (Call 09/21/31), (5-year CMT + 1.200%)^(b)		476		361,831
2.50%, 02/13/31 (Call 02/13/30), (3-mo. SOFR + 1.252%)^(b)		485		403,069
2.55%, 02/04/28 (Call 02/04/27), (1-day SOFR + 1.050%)^(b)		150		135,692
2.57%, 10/20/32 (Call 10/20/31), (1-day SOFR + 1.210%)^(b)		235		188,329
2.59%, 04/29/31 (Call 04/29/30), (1-day SOFR + 2.150%)^(b)		118		98,229
2.68%, 06/19/41 (Call 06/19/40), (1-day SOFR + 1.930%)^(a)(b)		344		236,878
2.69%, 04/22/32 (Call 04/22/31), (1-day SOFR + 1.320%)^(b)		902		737,232
2.83%, 10/24/51 (Call 10/24/50), (1-day SOFR + 1.880%)^(b)		285		182,739
2.88%, 10/22/30 (Call 10/22/29), (3-mo. SOFR + 1.452%)^(b)		298		255,404
2.97%, 02/04/33 (Call 02/04/32), (1-day SOFR + 1.330%)^(b)		330		271,514
2.97%, 07/21/52 (Call 07/21/51), (1-day SOFR + 1.560%)^(b)		725		478,420
3.19%, 07/23/30 (Call 07/23/29), (3-mo. SOFR + 1.442%)^(b)		272		238,816
3.25%, 10/21/27 (Call 10/21/26)		2,803		2,611,079
3.31%, 04/22/42 (Call 04/22/41), (1-day SOFR + 1.580%)^(b)		315		235,793
3.38%, 04/02/26 (Call 04/02/25), (1-day SOFR + 1.330%)^(b)		180		173,023
3.42%, 12/20/28 (Call 12/20/27), (3-mo. SOFR + 1.302%)^(b)		715		655,290
3.59%, 07/21/28 (Call 07/21/27), (3-mo. SOFR + 1.632%)^(b)		133		123,710
3.71%, 04/24/28 (Call 04/24/27), (3-mo. SOFR + 1.774%)^(b)		287		268,566
3.82%, 01/20/28 (Call 01/20/27), (3-mo. SOFR + 1.837%)^(b)		288		271,452
3.85%, 03/08/37 (Call 03/08/32), (5-year CMT + 2.000%)^(b)		490		414,917
3.88%, 08/01/25		143		139,142
3.95%, 01/23/49 (Call 01/23/48), (3-mo. SOFR + 1.452%)^(b)		226		177,607
3.97%, 03/05/29 (Call 03/05/28), (3-mo. SOFR + 1.332%)^(b)		277		258,430
3.97%, 02/07/30 (Call 02/07/29), (3-mo. SOFR + 1.472%)^(b)		143		131,614


Security	Par (000)		Value

Banks (continued)
4.08%, 04/23/40 (Call 04/23/39), (3-mo. SOFR + 1.582%)^(b)	$	120	$	100,823
4.08%, 03/20/51 (Call 03/20/50), (3-mo. SOFR + 3.412%)^(b)		1,190		956,082
4.24%, 04/24/38 (Call 04/24/37), (3-mo. SOFR + 2.076%)^(b)		752		653,759
4.25%, 10/22/26		433		415,442
4.27%, 07/23/29 (Call 07/23/28), (3-mo. SOFR + 1.572%)^(b)		497		468,845
4.33%, 03/15/50 (Call 03/15/49), (3-mo. SOFR + 1.782%)^(b)		653		552,732
4.38%, 04/27/28 (Call 04/27/27), (1-day SOFR + 1.580%)^(b)		35		33,564
4.44%, 01/20/48 (Call 01/20/47), (3-mo. SOFR + 2.252%)^(b)		662		564,693
4.45%, 03/03/26		254		246,939
4.57%, 04/27/33 (Call 04/27/32), (1-day SOFR + 1.830%)^(b)		855		791,747
4.83%, 07/22/26 (Call 07/22/25), (1-day SOFR + 1.750%)^(b)		85		83,410
4.88%, 04/01/44		293		274,400
5.00%, 01/21/44		686		652,324
5.02%, 07/22/33 (Call 07/22/32), (1-day SOFR + 2.160%)^(b)		1,152		1,107,798
5.08%, 01/20/27 (Call 01/20/26), (1-day SOFR + 1.290%)^(b)		170		167,766
5.20%, 04/25/29 (Call 04/25/28), (1-day SOFR + 1.630%)^(b)		715		703,803
5.29%, 04/25/34, (1-day SOFR + 1.910%)^(b)		1,045		1,019,930
5.88%, 02/07/42		681		704,896
6.11%, 01/29/37		697		721,228
6.20%, 11/10/28 (Call 11/10/27),
(1-day SOFR + 1.990%)^(b)		205		209,815
6.22%, 09/15/26		185		188,978
7.75%, 05/14/38		427		499,462
Series L, 4.18%, 11/25/27 (Call 11/25/26)		444		421,383
Series N, 2.65%, 03/11/32 (Call 03/11/31), (1-day SOFR + 1.220%)^(b)		385		315,615
Series N, 3.48%, 03/13/52 (Call 03/13/51), (1-day SOFR + 1.650%)^(b)		385		280,334
Bank of America NA
5.53%, 08/18/26		250		251,285
5.65%, 08/18/25		250		250,975
6.00%, 10/15/36		284		297,834
Bank of Montreal
1.85%, 05/01/25		177		166,288
3.09%, 01/10/37 (Call 01/10/32), (5-year CMT + 1.400%)^(b)		125		96,448
3.80%, 12/15/32 (Call 12/15/27), (5-year USD Swap + 1.432%)^(b)		961		848,707
5.20%, 02/01/28 (Call 01/01/28)		245		243,020
5.30%, 06/05/26		120		119,556
Bank of New York Mellon Corp. (The)
1.60%, 04/24/25 (Call 03/24/25)		2,690		2,526,529
2.45%, 08/17/26 (Call 05/17/26)		2,611		2,417,603
2.80%, 05/04/26 (Call 02/04/26)		1,720		1,614,874
3.25%, 09/11/24 (Call 08/11/24)		296		288,872
3.25%, 05/16/27 (Call 02/16/27)		583		547,017
3.30%, 08/23/29 (Call 05/23/29)		411		366,970
3.40%, 01/29/28 (Call 10/29/27)^(a)		991		923,681


Security	Par (000)		Value

Banks (continued)
3.44%, 02/07/28 (Call 02/07/27), (3-mo. SOFR + 1.331%)^(b)	$	1,070	$	1,007,683
3.85%, 04/28/28		1,238		1,178,304
3.95%, 11/18/25 (Call 10/18/25)		370		357,727
Series G, 3.00%, 02/24/25 (Call 01/24/25)		419		403,681
Bank of Nova Scotia (The)
1.05%, 03/02/26		1,723		1,544,928
1.30%, 06/11/25		5,603		5,189,835
1.35%, 06/24/26		368		328,834
1.95%, 02/02/27		443		396,148
2.15%, 08/01/31		813		646,473
2.20%, 02/03/25^(a)		3,166		3,016,438
2.45%, 02/02/32		3		2,432
2.70%, 08/03/26^(a)		529		491,515
4.50%, 12/16/25		1,880		1,822,096
5.25%, 06/12/28		135		133,796
Bank OZK, 2.75%, 10/01/31 (Call 10/01/26), (3-mo. SOFR + 2.090%)^(a)(b)		30		23,102
BankUnited Inc., 5.13%, 06/11/30 (Call 03/11/30)		50		42,686
Barclays PLC
2.67%, 03/10/32 (Call 03/10/31), (1-year CMT + 1.200%)^(b)		408		319,134
2.89%, 11/24/32 (Call 11/24/31), (1-year CMT + 1.300%)^(b)		740		576,867
3.56%, 09/23/35 (Call 09/23/30), (5-year CMT + 2.900%)^(b)		278		220,518
3.65%, 03/16/25		15		14,473
4.34%, 01/10/28 (Call 01/10/27)		370		348,817
4.38%, 01/12/26		180		173,507
4.84%, 05/09/28 (Call 05/07/27)		736		681,521
4.95%, 01/10/47		217		187,282
4.97%, 05/16/29 (Call 05/16/28), (3-mo. LIBOR US + 1.902%)^(b)		487		462,572
5.09%, 06/20/30 (Call 06/20/29), (3-mo. LIBOR US + 3.054%)^(b)		463		423,867
5.20%, 05/12/26		20		19,421
5.25%, 08/17/45		475		425,500
5.30%, 08/09/26 (Call 08/09/25), (1-year CMT + 2.300%)^(b)		460		453,040
5.83%, 05/09/27 (Call 05/09/26), (1-day SOFR + 2.210%)^(b)		400		396,524
6.22%, 05/09/34 (Call 05/09/33), (1-day SOFR + 2.980%)^(b)		200		197,582
7.12%, 06/27/34 (Call 06/27/33), (1-day SOFR + 3.570%)^(b)		365		364,317
7.39%, 11/02/28 (Call 11/02/27), (1-year CMT + 3.300%)^(b)		375		390,465
7.44%, 11/02/33 (Call 11/02/32), (1-year CMT + 3.500%)^(b)		25		26,726
BNP Paribas SA, 4.25%, 10/15/24		375		367,042
BPCE SA, 3.38%, 12/02/26		2,645		2,466,198
Cadence Bank, 4.13%, 11/20/29 (Call 11/20/24), (3-mo. LIBOR US + 2.470%)^(b)		7		6,440
Canadian Imperial Bank of Commerce
2.25%, 01/28/25		172		164,035
3.60%, 04/07/32 (Call 03/07/32)^(a)		245		218,101
5.00%, 04/28/28		60		58,769
5.61%, 07/17/26		100		100,243


Security	Par (000)		Value

Banks (continued)
Citigroup Inc.
2.01%, 01/25/26 (Call 01/25/25), (1-day SOFR + 0.694%)^(b)	$	115	$	108,818
2.56%, 05/01/32 (Call 05/01/31), (1-day SOFR + 1.167%)^(b)		204		164,108
2.57%, 06/03/31 (Call 06/03/30), (1-day SOFR + 2.107%)^(b)		415		342,732
2.67%, 01/29/31 (Call 01/29/30), (1-day SOFR + 1.146%)^(b)		45		37,673
2.98%, 11/05/30 (Call 11/05/29), (1-day SOFR + 1.422%)^(b)		333		286,313
3.06%, 01/25/33 (Call 01/25/32), (1-day SOFR + 1.351%)^(b)		335		275,939
3.11%, 04/08/26 (Call 04/08/25), (1-day SOFR + 2.842%)^(b)		168		160,778
3.20%, 10/21/26 (Call 07/21/26)		151		140,817
3.30%, 04/27/25		78		75,353
3.40%, 05/01/26		129		122,075
3.52%, 10/27/28 (Call 10/27/27), (3-mo. SOFR + 1.412%)^(b)		359		330,966
3.67%, 07/24/28 (Call 07/24/27), (3-mo. SOFR + 1.652%)^(b)		423		393,424
3.70%, 01/12/26		147		140,933
3.79%, 03/17/33 (Call 03/17/32), (1-day SOFR + 1.939%)^(b)		773		672,603
3.88%, 03/26/25		20		19,382
3.88%, 01/24/39 (Call 01/24/38), (3-mo. SOFR + 1.430%)^(b)		201		164,876
3.89%, 01/10/28 (Call 01/10/27), (3-mo. SOFR + 1.825%)^(b)		486		459,114
3.98%, 03/20/30 (Call 03/20/29), (3-mo. SOFR + 1.600%)^(b)		282		259,539
4.08%, 04/23/29 (Call 04/23/28), (3-mo. SOFR + 1.454%)^(b)		238		223,156
4.13%, 07/25/28		277		258,355
4.28%, 04/24/48 (Call 04/24/47), (3-mo. SOFR + 2.101%)^(b)		403		336,694
4.30%, 11/20/26		86		82,518
4.40%, 06/10/25		76		74,106
4.41%, 03/31/31 (Call 03/31/30), (1-day SOFR + 3.914%)^(b)		666		618,294
4.45%, 09/29/27		1,060		1,013,265
4.60%, 03/09/26		94		91,488
4.65%, 07/30/45		376		323,853
4.65%, 07/23/48 (Call 06/23/48)		620		537,658
4.75%, 05/18/46		250		209,083
4.91%, 05/24/33 (Call 05/24/32), (1-day SOFR + 2.086%)^(b)		280		266,328
5.30%, 05/06/44		253		230,779
5.32%, 03/26/41 (Call 03/26/40), (1-day SOFR + 4.548%)^(b)		265		251,551
5.50%, 09/13/25		117		116,358
5.61%, 09/29/26 (Call 09/29/25), (1-day SOFR + 1.546%)^(b)		55		54,748
5.88%, 02/22/33^(a)		167		166,459
5.88%, 01/30/42		400		406,260
6.00%, 10/31/33^(a)		314		316,035
6.13%, 08/25/36		270		276,013
6.17%, 05/25/34, (1-day SOFR + 2.661%)^(b)		300		299,328


Security	Par (000)		Value

Banks (continued)
6.27%, 11/17/33 (Call 11/17/32), (1-day SOFR + 2.338%)^(b)	$	317	$	330,371
6.63%, 01/15/28		469		494,842
6.63%, 06/15/32		289		301,150
6.68%, 09/13/43		331		347,828
8.13%, 07/15/39		648		807,596
Citizens Bank NA/Providence RI, 3.75%, 02/18/26 (Call 11/18/25)		160		148,840
Citizens Financial Group Inc.
2.50%, 02/06/30 (Call 11/06/29)		72		57,831
2.85%, 07/27/26 (Call 04/27/26)		7		6,347
3.25%, 04/30/30 (Call 01/30/30)^(a)		154		128,844
4.30%, 12/03/25 (Call 11/03/25)		45		42,508
Comerica Bank, 4.00%, 07/27/25^(a)		1,260		1,181,225
Comerica Inc., 4.00%, 02/01/29 (Call 11/03/28)		321		276,253
Cooperatieve Rabobank UA
3.75%, 07/21/26		120		112,681
4.38%, 08/04/25		30		29,080
5.25%, 05/24/41		185		188,304
5.75%, 12/01/43		212		207,308
Cooperatieve Rabobank UA/New York, 3.38%, 05/21/25		278		268,245
Credit Suisse AG, 7.95%, 01/09/25		425		433,797
Credit Suisse AG/New York
1.25%, 08/07/26		30		26,334
2.95%, 04/09/25		330		313,431
3.63%, 09/09/24		1,510		1,470,483
3.70%, 02/21/25		950		916,408
5.00%, 07/09/27		300		292,293
7.50%, 02/15/28		525		561,503
Deutsche Bank AG, 4.10%, 01/13/26^(a)		459		439,364
Deutsche Bank AG/New York NY
2.13%, 11/24/26 (Call 11/24/25), (1-day SOFR + 1.870%)^(b)		655		594,078
2.31%, 11/16/27 (Call 11/16/26), (1-day SOFR + 1.219%)^(b)		695		609,209
2.55%, 01/07/28 (Call 01/07/27), (1-day SOFR + 1.318%)^(b)		855		754,879
3.04%, 05/28/32 (Call 05/28/31), (1-day SOFR + 1.718%)^(b)		342		271,719
3.55%, 09/18/31 (Call 09/18/30), (1-day SOFR + 3.043%)^(b)		837		700,795
3.96%, 11/26/25 (Call 11/26/24), (1-day SOFR + 2.581%)^(b)		185		178,525
4.10%, 01/13/26^(a)		422		401,360
4.88%, 12/01/32 (Call 12/01/27), (5-year USD ICE Swap + 2.553%)^(b)		20		17,514
7.08%, 02/10/34 (Call 11/10/32), (1-day SOFR + 3.650%)^(b)		200		190,184
7.15%, 07/13/27 (Call 07/13/26), (1-day SOFR + 2.520%)^(b)		150		152,171
Discover Bank
2.70%, 02/06/30 (Call 11/06/29)		300		240,321
4.65%, 09/13/28 (Call 06/13/28)		90		82,515
Fifth Third Bancorp., 8.25%, 03/01/38		308		347,763
Goldman Sachs Capital I, 6.35%, 02/15/34		456		458,499
Goldman Sachs Group Inc.,
1.95%, 10/21/27 (Call 10/21/26), (1-day SOFR + 0.913%)^(b)		170		151,269
1.99%, 01/27/32 (Call 01/27/31), (1-day SOFR + 1.090%)^(b)		554		431,488


Security	Par (000)		Value

Banks (continued)
2.38%, 07/21/32 (Call 07/21/31), (1-day SOFR + 1.248%)^(b)	$	684	$	539,874
2.60%, 02/07/30 (Call 11/07/29)		128		108,046
2.62%, 04/22/32 (Call 04/22/31), (1-day SOFR + 1.281%)^(b)		589		476,795
2.64%, 02/24/28 (Call 02/24/27), (1-day SOFR + 1.114%)^(b)		440		398,072
2.65%, 10/21/32 (Call 10/21/31), (1-day SOFR + 1.264%)^(b)		269		215,846
2.91%, 07/21/42 (Call 07/21/41), (1-day SOFR + 1.472%)^(b)		225		155,484
3.10%, 02/24/33 (Call 02/24/32), (1-day SOFR + 1.410%)^(a)(b)		549		456,834
3.21%, 04/22/42 (Call 04/22/41), (1-day SOFR + 1.513%)^(b)		440		316,087
3.27%, 09/29/25 (Call 09/29/24), (3-mo. SOFR + 1.463%)^(b)		98		95,095
3.44%, 02/24/43 (Call 02/24/42), (1-day SOFR + 1.632%)^(b)		185		136,351
3.50%, 01/23/25 (Call 10/23/24)		129		124,989
3.50%, 04/01/25 (Call 03/01/25)		45		43,434
3.50%, 11/16/26 (Call 11/16/25)		755		709,708
3.69%, 06/05/28 (Call 06/05/27), (3-mo. SOFR + 1.772%)^(b)		164		153,527
3.75%, 05/22/25 (Call 02/22/25)		125		120,795
3.75%, 02/25/26 (Call 11/25/25)		454		435,218
3.80%, 03/15/30 (Call 12/15/29)		119		108,290
3.81%, 04/23/29 (Call 04/23/28), (3-mo. SOFR + 1.420%)^(b)		304		281,206
3.85%, 01/26/27 (Call 01/26/26)		842		799,016
4.02%, 10/31/38 (Call 10/31/37), (3-mo. SOFR + 1.645%)^(b)		436		361,810
4.22%, 05/01/29 (Call 05/01/28), (3-mo. SOFR + 1.563%)^(b)		802		754,899
4.25%, 10/21/25		316		306,384
4.41%, 04/23/39 (Call 04/23/38), (3-mo. SOFR + 1.692%)^(b)		250		215,853
4.48%, 08/23/28 (Call 08/23/27), (1-day SOFR + 1.725%)^(b)		50		48,107
4.75%, 10/21/45 (Call 04/21/45)		702		630,249
4.80%, 07/08/44 (Call 01/08/44)		607		540,807
5.15%, 05/22/45		208		191,316
5.80%, 08/10/26 (Call 08/10/25), (1-day SOFR + 1.075%)^(b)		250		249,150
5.95%, 01/15/27		313		316,055
6.13%, 02/15/33^(a)		716		759,769
6.25%, 02/01/41		853		901,058
6.45%, 05/01/36		270		280,859
6.75%, 10/01/37		1,108		1,174,835
HSBC Bank USA NA/New York
5.63%, 08/15/35^(a)		308		292,649
5.88%, 11/01/34		250		243,222
7.00%, 01/15/39		265		286,200
HSBC Holdings PLC
1.59%, 05/24/27 (Call 05/24/26), (1-day SOFR + 1.290%)^(b)		1,791		1,592,271
1.65%, 04/18/26 (Call 04/18/25), (1-day SOFR + 1.538%)^(b)		500		465,675
2.21%, 08/17/29 (Call 08/17/28), (1-day SOFR + 1.285%)^(b)		301		252,109


Security	Par (000)		Value

Banks (continued)
2.25%, 11/22/27 (Call 11/22/26), (1-day SOFR + 1.100%)^(b)	$	955	$	851,039
2.36%, 08/18/31 (Call 08/18/30), (1-day SOFR + 1.947%)^(b)		110		87,226
2.63%, 11/07/25 (Call 11/07/24), (3-mo. SOFR + 1.401%)^(b)		500		479,430
2.80%, 05/24/32 (Call 05/24/31), (1-day SOFR + 1.187%)^(b)		1,327		1,059,649
2.85%, 06/04/31 (Call 06/04/30), (1-day SOFR + 2.387%)^(b)		255		210,276
2.87%, 11/22/32 (Call 11/22/31), (1-day SOFR + 1.410%)^(b)		470		373,655
3.00%, 03/10/26 (Call 03/10/25), (1-day SOFR + 1.430%)^(b)		630		601,253
3.97%, 05/22/30 (Call 05/22/29), (3-mo. SOFR + 1.872%)^(b)		1,100		990,154
4.04%, 03/13/28 (Call 03/13/27), (3-mo. SOFR + 1.808%)^(b)		468		439,255
4.29%, 09/12/26 (Call 09/12/25), (3-mo. SOFR + 1.609%)^(b)		645		621,993
4.30%, 03/08/26		475		459,045
4.38%, 11/23/26		361		343,871
4.58%, 06/19/29 (Call 06/19/28), (3-mo. SOFR + 1.796%)^(b)		1,096		1,034,569
4.76%, 06/09/28 (Call 06/09/27), (1-day SOFR + 2.110%)^(b)		50		47,946
4.76%, 03/29/33 (Call 03/29/32), (1-day SOFR + 2.530%)^(b)		70		62,137
4.95%, 03/31/30		931		895,724
5.40%, 08/11/33 (Call 08/11/32), (1-day SOFR + 2.870%)^(b)		290		276,573
5.89%, 08/14/27 (Call 08/14/26), (1-day SOFR + 1.570%)^(b)		400		398,780
6.10%, 01/14/42^(a)		569		595,789
6.25%, 03/09/34 (Call 03/09/33), (1-day SOFR + 2.390%)^(b)		165		166,790
6.50%, 05/02/36		310		314,538
6.50%, 09/15/37		405		414,031
6.55%, 06/20/34 (Call 06/20/33), (1-day SOFR + 2.980%)^(b)		470		459,923
8.11%, 11/03/33 (Call 11/03/32), (1-day SOFR + 4.250%)^(b)		347		377,036
Huntington Bancshares Inc.
2.55%, 02/04/30 (Call 11/04/29)		784		639,485
4.00%, 05/15/25 (Call 04/15/25)^(a)		133		128,115
5.02%, 05/17/33 (Call 05/17/32), (1-day SOFR + 2.050%)^(a)(b)		200		185,156
Huntington National Bank (The),
4.55%, 05/17/28 (Call 05/17/27), (1-day SOFR + 1.650%)^(b)		465		440,034
ING Groep NV
1.73%, 04/01/27 (Call 04/01/26), (1-day SOFR + 1.005%)^(b)		680		611,667
2.73%, 04/01/32 (Call 04/01/31), (1-day SOFR + 1.316%)^(b)		738		601,787
3.95%, 03/29/27		981		930,635
4.02%, 03/28/28 (Call 03/28/27), (1-day SOFR + 1.830%)^(b)		175		164,675
4.05%, 04/09/29		297		276,011
4.55%, 10/02/28		390		374,092


Security	Par (000)		Value

Banks (continued)
JPMorgan Chase & Co.
1.05%, 06/23/27 (Call 12/23/25)	$	20	$	17,143
1.95%, 02/04/32 (Call 02/04/31),
(1-day SOFR + 1.065%)^(b)		240		189,122
2.52%, 04/22/31 (Call 04/22/30),
(1-day SOFR + 2.040%)^(b)		186		155,903
2.53%, 11/19/41 (Call 11/19/40),
(3-mo. SOFR + 1.510%)^(b)		200		134,652
2.55%, 11/08/32 (Call 11/08/31),
(1-day SOFR + 1.180%)^(b)		80		64,510
2.58%, 04/22/32 (Call 04/22/31),
(3-mo. SOFR + 1.250%)^(b)		714		584,230
2.74%, 10/15/30 (Call 10/15/29),
(3-mo. SOFR + 1.510%)^(b)		596		510,796
2.95%, 10/01/26 (Call 07/01/26)		129		120,471
2.96%, 05/13/31 (Call 05/13/30),
(3-mo. SOFR + 2.515%)^(b)		450		382,108
2.96%, 01/25/33 (Call 01/25/32),
(1-day SOFR + 1.260%)^(b)		623		516,430
3.11%, 04/22/41 (Call 04/22/40),
(3-mo. SOFR + 2.460%)^(b)		177		130,571
3.11%, 04/22/51 (Call 04/22/50),
(1-day SOFR + 2.440%)^(b)		719		486,950
3.16%, 04/22/42 (Call 04/22/41),
(1-day SOFR + 2.460%)^(b)		254		186,022
3.33%, 04/22/52 (Call 04/22/51),
(1-day SOFR + 1.580%)^(b)		974		684,167
3.54%, 05/01/28 (Call 05/01/27),
(3-mo. SOFR + 1.642%)^(b)		152		141,938
3.63%, 12/01/27 (Call 12/01/26)		318		298,907
3.70%, 05/06/30 (Call 05/06/29),
(3-mo. SOFR + 1.422%)^(b)		606		553,017
3.78%, 02/01/28 (Call 02/01/27),
(3-mo. SOFR + 1.599%)^(b)		253		238,890
3.88%, 07/24/38 (Call 07/24/37),
(3-mo. SOFR + 1.622%)^(b)		333		280,929
3.90%, 01/23/49 (Call 01/23/48),
(3-mo. SOFR + 1.482%)^(b)		359		281,302
3.96%, 11/15/48 (Call 11/15/47),
(3-mo. SOFR + 1.642%)^(b)		695		550,655
4.01%, 04/23/29 (Call 04/23/28),
(3-mo. SOFR + 1.382%)^(b)		494		463,155
4.03%, 07/24/48 (Call 07/24/47),
(3-mo. SOFR + 1.722%)^(b)		355		286,066
4.08%, 04/26/26 (Call 04/26/25),
(1-day SOFR + 1.320%)^(b)		40		39,002
4.13%, 12/15/26		437		420,556
4.20%, 07/23/29 (Call 07/23/28),
(3-mo. SOFR + 1.522%)^(b)		399		376,740
4.25%, 10/01/27		308		297,848
4.26%, 02/22/48 (Call 02/22/47),
(3-mo. SOFR + 1.842%)^(b)		501		419,823
4.45%, 12/05/29 (Call 12/05/28),
(3-mo. SOFR + 1.592%)^(b)		542		516,510
4.49%, 03/24/31 (Call 03/24/30),
(3-mo. SOFR + 3.790%)^(b)		207		196,331
4.59%, 04/26/33 (Call 04/26/32),
(1-day SOFR + 1.800%)^(b)		815		762,106
4.85%, 02/01/44		335		314,237


Security	Par (000)		Value

Banks (continued)
4.91%, 07/25/33 (Call 07/25/32),
(1-day SOFR + 2.080%)^(b)	$	1,250	$	1,200,400
4.95%, 06/01/45		179		163,703
5.30%, 07/24/29, (1-day SOFR + 1.450%)^(b)		380		377,830
5.35%, 06/01/34, (1-day SOFR + 1.845%)^(b)		655		647,854
5.40%, 01/06/42		476		474,867
5.50%, 10/15/40		396		398,412
5.60%, 07/15/41		503		509,484
5.72%, 09/14/33 (Call 09/14/32),
(1-day SOFR + 2.580%)^(a)(b)		485		484,830
6.40%, 05/15/38		863		949,145
7.63%, 10/15/26		164		174,339
7.75%, 07/15/25		63		65,514
8.00%, 04/29/27		571		626,261
8.75%, 09/01/30		14		16,722
KeyBank NA/Cleveland OH
3.30%, 06/01/25^(a)		250		233,945
3.40%, 05/20/26		250		223,155
6.95%, 02/01/28^(a)		5		4,922
KeyCorp
2.25%, 04/06/27		125		107,323
2.55%, 10/01/29		393		310,957
4.10%, 04/30/28		20		17,958
4.15%, 10/29/25^(a)		12		11,342
Lloyds Bank PLC, 3.50%, 05/14/25		210		201,558
Lloyds Banking Group PLC
1.63%, 05/11/27 (Call 05/11/26),
(1-year CMT + 0.850%)^(b)		1,337		1,193,874
2.44%, 02/05/26 (Call 02/05/25),
(1-year CMT + 1.000%)^(b)		410		388,840
3.57%, 11/07/28 (Call 11/07/27),
(3-mo. LIBOR US + 1.205%)^(b)		405		367,655
3.75%, 01/11/27		30		28,191
4.34%, 01/09/48		270		201,261
4.38%, 03/22/28		296		280,226
4.45%, 05/08/25		300		292,722
4.55%, 08/16/28		65		61,631
4.58%, 12/10/25		291		280,082
4.65%, 03/24/26		280		270,245
5.30%, 12/01/45^(a)		277		242,796
5.99%, 08/07/27 (Call 08/07/26),
(1-year CMT + 1.480%)^(b)		200		199,790
7.95%, 11/15/33 (Call 08/15/32),
(1-year CMT + 3.750%)^(b)		330		353,806
Mitsubishi UFJ Financial Group Inc.
2.05%, 07/17/30		175		140,494
2.31%, 07/20/32 (Call 07/20/31),
(1-year CMT + 0.950%)^(b)		384		303,713
2.49%, 10/13/32 (Call 10/13/31),
(1-year CMT + 0.970%)^(b)		235		187,450
2.76%, 09/13/26		20		18,442
2.85%, 01/19/33 (Call 01/19/32),
(1-year CMT + 1.100%)^(b)		230		187,577
3.29%, 07/25/27		27		25,089
3.68%, 02/22/27		70		66,624
3.74%, 03/07/29		1,137		1,052,100
3.75%, 07/18/39		528		435,663
3.85%, 03/01/26		75		72,002
3.96%, 03/02/28		48		45,693
4.05%, 09/11/28^(a)		225		213,590


Security	Par (000)		Value

Banks (continued)
4.15%, 03/07/39^(a)	$	183	$	159,140
4.29%, 07/26/38		168		148,613
5.13%, 07/20/33 (Call 07/20/32),
(1-year CMT + 2.125%)^(b)		227		220,247
5.41%, 04/19/34, (1-year CMT + 1.970%)^(b)		15		14,787
5.47%, 09/13/33 (Call 09/13/32),
(1-year CMT + 2.125%)^(b)		230		228,172
Mizuho Financial Group Inc.
2.17%, 05/22/32 (Call 05/22/31),
(1-year CMT + 0.870%)^(b)		215		166,257
2.20%, 07/10/31 (Call 07/10/30),
(3-mo. SOFR + 1.772%)^(b)		200		158,902
2.23%, 05/25/26 (Call 05/25/25),
(3-mo. SOFR + 1.092%)^(a)(b)		200		187,020
2.26%, 07/09/32 (Call 07/09/31),
(1-year CMT + 0.900%)^(b)		20		15,518
2.56%, 09/13/31		5		3,890
2.59%, 05/25/31 (Call 05/25/30),
(3-mo. SOFR + 1.332%)^(b)		30		24,619
2.84%, 09/13/26		50		46,009
3.17%, 09/11/27		30		27,479
4.02%, 03/05/28		235		221,553
4.25%, 09/11/29 (Call 09/11/28),
(3-mo. SOFR + 1.532%)^(b)		358		334,272
5.67%, 05/27/29 (Call 05/27/28),
(1-year CMT + 1.500%)^(b)		40		39,898
5.67%, 09/13/33 (Call 09/13/32),
(1-year CMT + 2.400%)^(b)		395		391,453
5.75%, 05/27/34 (Call 05/27/33),
(1-year CMT + 1.800%)^(b)		370		367,654
5.75%, 07/06/34 (Call 07/06/33),
(1-year CMT + 1.900%)^(b)		400		396,180
5.78%, 07/06/29 (Call 07/06/28),
(1-year CMT + 1.650%)^(b)		400		400,472
Morgan Stanley
1.51%, 07/20/27 (Call 07/20/26),
(1-day SOFR + 0.858%)^(b)		1,020		905,474
1.59%, 05/04/27 (Call 05/04/26),
(1-day SOFR + 0.879%)^(b)		405		363,074
1.79%, 02/13/32 (Call 02/13/31),
(1-day SOFR + 1.034%)^(b)		765		588,071
1.93%, 04/28/32 (Call 04/28/31),
(1-day SOFR + 1.020%)^(b)		510		393,154
2.19%, 04/28/26 (Call 04/28/25),
(1-day SOFR + 1.990%)^(b)		313		295,109
2.24%, 07/21/32 (Call 07/21/31),
(1-day SOFR + 1.178%)^(b)		715		560,960
2.48%, 09/16/36 (Call 09/16/31),
(1-day SOFR + 1.360%)^(b)		902		679,576
2.51%, 10/20/32 (Call 10/20/31),
(1-day SOFR + 1.200%)^(b)		325		258,957
2.70%, 01/22/31 (Call 01/22/30),
(1-day SOFR + 1.143%)^(b)		362		304,873
2.80%, 01/25/52 (Call 01/25/51),
(1-day SOFR + 1.430%)^(b)		515		326,103
2.94%, 01/21/33 (Call 01/21/32),
(1-day SOFR + 1.290%)^(b)		15		12,301
3.13%, 07/27/26		985		922,019
3.59%, 07/22/28 (Call 07/22/27),
(3-mo. LIBOR US + 1.340%)^(b)		728		673,225


Security	Par (000)		Value

Banks (continued)
3.62%, 04/01/31 (Call 04/01/30),
(1-day SOFR + 3.120%)^(b)	$	327	$	290,651
3.63%, 01/20/27		875		826,569
3.70%, 10/23/24		170		166,345
3.77%, 01/24/29 (Call 01/24/28),
(3-mo. SOFR + 1.402%)^(b)		821		761,190
3.88%, 01/27/26		633		609,161
3.95%, 04/23/27		740		697,509
3.97%, 07/22/38 (Call 07/22/37),
(3-mo. LIBOR US + 1.455%)^(b)		497		414,249
4.00%, 07/23/25		369		358,055
4.30%, 01/27/45		795		675,798
4.35%, 09/08/26		654		629,782
4.38%, 01/22/47		735		628,785
4.43%, 01/23/30 (Call 01/23/29),
(3-mo. SOFR + 1.890%)^(b)		539		511,500
4.46%, 04/22/39 (Call 04/22/38),
(3-mo. SOFR + 1.693%)^(b)		216		190,255
4.89%, 07/20/33 (Call 07/20/32),
(1-day SOFR + 2.076%)^(b)		15		14,190
5.00%, 11/24/25		522		513,888
5.12%, 02/01/29 (Call 02/01/28),
(1-day SOFR + 1.730%)^(b)		160		156,744
5.16%, 04/20/29 (Call 04/20/28),
(1-day SOFR + 1.590%)^(b)		130		127,517
5.25%, 04/21/34, (1-day SOFR + 1.870%)^(b)		320		310,618
5.30%, 04/20/37 (Call 04/20/32),
(1-day SOFR + 2.620%)^(b)		280		260,610
5.42%, 07/21/34 (Call 07/21/33),
(1-day SOFR + 1.880%)^(b)		290		285,000
5.45%, 07/20/29 (Call 07/20/28),
(1-day SOFR + 1.630%)^(b)		110		109,344
5.60%, 03/24/51 (Call 03/24/50),
(1-day SOFR + 4.480%)^(b)		440		442,270
5.95%, 01/19/38 (Call 01/19/33),
(5-year CMT + 2.430%)^(b)		385		374,651
6.25%, 08/09/26		525		536,235
6.30%, 10/18/28 (Call 10/18/27),
(1-day SOFR + 2.240%)^(b)		75		76,845
6.34%, 10/18/33 (Call 10/18/32),
(1-day SOFR + 2.560%)^(b)		555		581,468
6.38%, 07/24/42		834		909,560
7.25%, 04/01/32^(a)		717		815,286
National Australia Bank Ltd./New York
2.50%, 07/12/26		1,296		1,204,152
3.38%, 01/14/26		1,015		972,999
4.90%, 06/13/28		250		246,995
National Bank of Canada
3.75%, 06/09/25 (Call 06/09/24),
(1-day SOFR + 1.009%)^(a)(b)		980		961,076
5.25%, 01/17/25		1,185		1,179,750
NatWest Group PLC
3.75%, 11/01/29 (Call 11/01/24),
(5-year CMT + 2.100%)^(b)		541		515,292
4.45%, 05/08/30 (Call 05/08/29),
(3-mo. LIBOR US + 1.871%)^(b)		379		348,108
4.80%, 04/05/26		376		366,175
4.89%, 05/18/29 (Call 05/18/28),
(3-mo. LIBOR US + 1.754%)^(b)		538		512,526


Security	Par (000)		Value

Banks (continued)
5.08%, 01/27/30 (Call 01/27/29),
(3-mo. LIBOR US + 1.905%)^(b)	$	1,010	$	962,207
5.81%, 09/13/29 (Call 09/13/28),
(1-year CMT + 1.950%)^(b)		200		198,296
Northern Trust Corp.
3.15%, 05/03/29 (Call 02/03/29)		1,147		1,042,164
3.65%, 08/03/28 (Call 05/03/28)^(a)		869		818,885
3.95%, 10/30/25		3,326		3,218,703
PNC Bank NA
3.10%, 10/25/27 (Call 09/25/27)		401		365,925
3.25%, 06/01/25 (Call 05/02/25)		250		239,055
3.30%, 10/30/24 (Call 09/30/24)		25		24,290
3.88%, 04/10/25 (Call 03/10/25)		3,134		3,030,327
4.20%, 11/01/25 (Call 10/02/25)		105		101,130
PNC Financial Services Group Inc. (The)
2.55%, 01/22/30 (Call 10/24/29)		236		197,966
2.60%, 07/23/26 (Call 05/23/26)		146		135,640
3.15%, 05/19/27 (Call 04/19/27)		502		464,767
3.45%, 04/23/29 (Call 01/23/29)		678		611,197
4.63%, 06/06/33 (Call 06/06/32),
(1-day SOFR + 1.850%)^(b)		80		72,370
5.07%, 01/24/34 (Call 01/24/33),
(1-day SOFR + 1.933%)^(a)(b)		410		388,664
5.58%, 06/12/29, (1-day SOFR + 1.841%)^(b)		263		260,788
5.81%, 06/12/26 (Call 06/12/25),
(1-day SOFR + 1.322%)^(b)		218		217,773
5.94%, 08/18/34, (1-day SOFR + 1.946%)^(b)		175		177,056
6.04%, 10/28/33 (Call 10/28/32),
(1-day SOFR + 2.140%)^(b)		600		609,696
Regions Bank/Birmingham AL, 6.45%, 06/26/37		260		255,590
Regions Financial Corp.
1.80%, 08/12/28 (Call 06/12/28)		5		4,145
7.38%, 12/10/37		108		114,411
Royal Bank of Canada
2.25%, 11/01/24		319		306,696
2.30%, 11/03/31		295		236,979
3.88%, 05/04/32		30		27,212
4.24%, 08/03/27		265		254,853
4.65%, 01/27/26		437		428,990
4.90%, 01/12/28^(a)		400		394,092
5.00%, 02/01/33		440		426,492
5.00%, 05/02/33^(a)		430		415,991
5.20%, 07/20/26		225		224,028
5.20%, 08/01/28		270		268,348
6.00%, 11/01/27		220		225,133
Santander Holdings USA Inc.
2.49%, 01/06/28 (Call 01/06/27),
(1-day SOFR + 1.249%)^(b)		860		753,713
3.24%, 10/05/26 (Call 08/05/26)		28		25,644
4.40%, 07/13/27 (Call 04/14/27)		1,042		986,597
4.50%, 07/17/25 (Call 04/17/25)		1,716		1,674,112
6.57%, 06/12/29 (Call 06/12/28), (1-day SOFR + 2.700%)^(b)		82		81,629
Santander UK Group Holdings PLC
1.67%, 06/14/27 (Call 06/14/26),
(1-day SOFR + 0.989%)^(b)		390		343,099
2.47%, 01/11/28 (Call 01/11/27), (1-day SOFR + 1.220%)^(b)		470		413,506
2.90%, 03/15/32 (Call 03/15/31),
(1-day SOFR + 1.475%)^(b)		242		193,423


Security	Par (000)		Value

Banks (continued)
3.82%, 11/03/28 (Call 11/03/27),
(3-mo. LIBOR US + 1.400%)^(b)	$	80	$	72,171
State Street Corp.
2.35%, 11/01/25 (Call 11/01/24),
(1-day SOFR + 0.940%)^(b)		1,378		1,322,990
2.65%, 05/19/26^(a)		1,958		1,841,558
3.30%, 12/16/24		1,913		1,857,140
3.55%, 08/18/25		2,609		2,518,337
4.14%, 12/03/29 (Call 12/03/28),
(3-mo. SOFR + 1.292%)^(a)(b)		638		611,217
5.10%, 05/18/26 (Call 05/18/25),
(1-day SOFR + 1.130%)^(b)		200		198,230
5.16%, 05/18/34, (1-day SOFR + 1.890%)^(b)		120		116,485
5.27%, 08/03/26 (Call 07/03/26)		100		100,030
Sumitomo Mitsui Financial Group Inc.
2.22%, 09/17/31		10		7,904
2.63%, 07/14/26		149		137,479
2.75%, 01/15/30		790		671,690
3.01%, 10/19/26		173		160,335
3.04%, 07/16/29		607		529,759
3.20%, 09/17/29		349		305,361
3.35%, 10/18/27^(a)		249		229,005
3.36%, 07/12/27		205		190,131
3.45%, 01/11/27		199		186,264
3.54%, 01/17/28		486		448,554
3.78%, 03/09/26^(a)		234		224,069
3.94%, 07/19/28		71		66,360
4.31%, 10/16/28		118		111,915
5.77%, 01/13/33		510		515,998
5.78%, 07/13/33		200		202,432
5.80%, 07/13/28		200		202,444
5.85%, 07/13/30		200		202,104
5.88%, 07/13/26		200		201,512
Synchrony Bank, 5.40%, 08/22/25 (Call 07/22/25)		400		386,568
Synchrony Financial, 5.63%, 08/23/27 (Call 07/23/27)		640		606,138
Toronto-Dominion Bank (The)
2.00%, 09/10/31		596		471,639
3.20%, 03/10/32		70		59,553
3.63%, 09/15/31 (Call 09/15/26),
(5-year USD Swap + 2.205%)^(a)(b)		1,317		1,229,209
4.46%, 06/08/32		90		83,876
5.52%, 07/17/28		235		235,959
Truist Bank
1.50%, 03/10/25 (Call 02/10/25)		5		4,664
2.15%, 12/06/24 (Call 11/05/24)		25		23,868
2.64%, 09/17/29 (Call 09/17/24),
(5-year CMT + 1.150%)^(b)		60		55,799
3.63%, 09/16/25 (Call 08/16/25)		254		240,723
3.80%, 10/30/26 (Call 09/30/26)		10		9,233
4.05%, 11/03/25 (Call 09/03/25)		48		46,106
Truist Financial Corp.
1.95%, 06/05/30 (Call 03/05/30)		415		328,954
2.85%, 10/26/24 (Call 09/26/24)		82		79,123
3.70%, 06/05/25 (Call 05/05/25)		59		56,858
3.88%, 03/19/29 (Call 02/16/29)^(a)		76		67,945
4.00%, 05/01/25 (Call 03/01/25)		60		58,144
4.92%, 07/28/33 (Call 07/28/32),
(1-day SOFR + 2.240%)^(b)		440		392,467
5.12%, 01/26/34 (Call 01/26/33),
(1-day SOFR + 1.852%)^(b)		100		93,760


Security	Par (000)		Value

Banks (continued)
5.87%, 06/08/34, (1-day SOFR + 2.361%)^(b)	$	455	$	451,164
6.05%, 06/08/27, (1-day SOFR + 2.050%)^(b)		180		179,888
U.S. Bancorp
1.38%, 07/22/30 (Call 04/22/30)		40		30,313
2.49%, 11/03/36 (Call 11/03/31),
(5-year CMT + 0.950%)^(b)		15		11,049
2.68%, 01/27/33 (Call 01/27/32),
(1-day SOFR + 1.020%)^(b)		700		556,381
3.00%, 07/30/29 (Call 04/30/29)		57		48,809
3.90%, 04/26/28 (Call 03/24/28)		91		85,424
4.55%, 07/22/28 (Call 07/22/27),
(1-day SOFR + 1.660%)^(b)		685		654,120
4.65%, 02/01/29 (Call 02/01/28),
(1-day SOFR + 1.230%)^(b)		20		19,085
4.97%, 07/22/33 (Call 07/22/32),
(1-day SOFR + 2.110%)^(b)		225		205,020
5.84%, 06/12/34 (Call 06/10/33),
(1-day SOFR + 2.260%)^(b)		140		139,656
5.85%, 10/21/33 (Call 10/21/32),
(1-day SOFR + 2.090%)^(b)		235		233,851
UBS Group AG
3.75%, 03/26/25		2,935		2,834,241
4.55%, 04/17/26		455		440,322
Webster Financial Corp., 4.10%, 03/25/29
(Call 12/25/28)^(a)		402		351,408
Wells Fargo & Co.
2.57%, 02/11/31 (Call 02/11/30),
(3-mo. SOFR + 1.262%)^(b)		170		141,916
3.07%, 04/30/41 (Call 04/30/40),
(1-day SOFR + 2.530%)^(b)		390		279,205
3.35%, 03/02/33 (Call 03/02/32),
(1-day SOFR + 1.500%)^(b)		470		395,947
3.53%, 03/24/28 (Call 03/24/27),
(1-day SOFR + 1.510%)^(b)		1,160		1,079,600
3.58%, 05/22/28 (Call 05/22/27),
(3-mo. SOFR + 1.572%)^(b)		50		46,410
3.90%, 05/01/45		107		83,736
3.91%, 04/25/26 (Call 04/25/25),
(1-day SOFR + 1.320%)^(b)		270		261,130
4.30%, 07/22/27		605		579,330
4.40%, 06/14/46		220		174,414
4.54%, 08/15/26 (Call 08/15/25),
(1-day SOFR + 1.560%)^(b)		85		82,990
4.61%, 04/25/53 (Call 04/25/52),
(1-day SOFR + 2.130%)^(b)		879		743,256
4.65%, 11/04/44		237		195,992
4.75%, 12/07/46		317		263,012
4.81%, 07/25/28 (Call 07/25/27),
(1-day SOFR + 1.980%)^(b)		80		77,619
4.90%, 07/25/33 (Call 07/25/32),
(1-day SOFR + 2.100%)^(b)		1,185		1,114,943
4.90%, 11/17/45		532		456,323
5.01%, 04/04/51 (Call 04/04/50),
(3-mo. SOFR + 4.502%)^(b)		1,475		1,330,465
5.38%, 11/02/43		227		208,892
5.39%, 04/24/34, (1-day SOFR + 2.020%)^(b)		10		9,742
5.56%, 07/25/34 (Call 07/25/33),
(1-day SOFR + 1.990%)^(b)		290		286,224
5.61%, 01/15/44		535		503,783
5.95%, 12/01/86		335		327,198


Security	Par (000)		Value

Banks (continued)
Wells Fargo Bank NA, 5.45%, 08/07/26	$	250	$	250,852
Westpac Banking Corp.
2.35%, 02/19/25		170		163,088
2.65%, 01/16/30		136		118,825
2.67%, 11/15/35 (Call 11/15/30),
(5-year CMT + 1.750%)^(b)		371		285,091
2.70%, 08/19/26		711		663,384
2.85%, 05/13/26		1,292		1,217,529
2.89%, 02/04/30 (Call 02/04/25),
(5-year CMT + 1.350%)^(b)		176		166,232
3.02%, 11/18/36 (Call 11/18/31),
(5-year CMT + 1.530%)^(b)		577		441,168
3.35%, 03/08/27^(a)		1,003		946,912
3.40%, 01/25/28		415		390,328
4.11%, 07/24/34 (Call 07/24/29),
(5-year CMT + 2.000%)^(b)		278		243,778
4.32%, 11/23/31 (Call 11/23/26),
(5-year USD ICE Swap + 2.236%)^(b)		235		219,368
Wintrust Financial Corp., 4.85%, 06/06/29		99		88,136

				239,775,103

Beverages — 4.2%
Anheuser-Busch Companies LLC/Anheuser-Busch InBev Worldwide Inc.
4.70%, 02/01/36 (Call 08/01/35)		1,332		1,274,737
4.90%, 02/01/46 (Call 08/01/45)		2,018		1,875,670
Anheuser-Busch InBev Finance Inc.
4.00%, 01/17/43		25		20,990
4.63%, 02/01/44		201		182,534
4.70%, 02/01/36 (Call 08/01/35)		490		469,930
4.90%, 02/01/46 (Call 08/01/45)		255		236,064
Anheuser-Busch InBev Worldwide Inc.
3.50%, 06/01/30 (Call 03/01/30)		467		429,505
3.65%, 02/01/26 (Call 11/01/25)		703		679,344
3.75%, 07/15/42^(a)		15		12,287
4.00%, 04/13/28 (Call 01/13/28)		341		328,318
4.35%, 06/01/40 (Call 12/01/39)		92		82,308
4.38%, 04/15/38 (Call 10/15/37)		276		252,198
4.44%, 10/06/48 (Call 04/06/48)		438		383,167
4.50%, 06/01/50 (Call 12/01/49)		280		249,262
4.60%, 04/15/48 (Call 10/15/47)		495		445,465
4.60%, 06/01/60 (Call 12/01/59)		85		74,054
4.75%, 01/23/29 (Call 10/23/28)		846		838,301
4.75%, 04/15/58 (Call 10/15/57)		320		286,288
4.90%, 01/23/31 (Call 10/23/30)		244		244,795
4.95%, 01/15/42		454		432,653
5.45%, 01/23/39 (Call 07/23/38)		329		333,849
5.55%, 01/23/49 (Call 07/23/48)		784		802,785
5.80%, 01/23/59 (Call 07/23/58)		379		397,344
5.88%, 06/15/35^(a)		65		68,876
8.00%, 11/15/39		109		135,083
8.20%, 01/15/39		274		350,358
Brown-Forman Corp.
3.50%, 04/15/25 (Call 02/15/25)		132		128,135
4.00%, 04/15/38 (Call 10/15/37)		34		29,348
4.50%, 07/15/45 (Call 01/15/45)		114		102,162
Coca-Cola Co. (The)
1.38%, 03/15/31		1,040		820,560
1.65%, 06/01/30		611		503,244
1.75%, 09/06/24		443		427,052
2.00%, 03/05/31		385		319,954


Security	Par (000)		Value

Beverages (continued)
2.13%, 09/06/29	$	385	$	336,093
2.25%, 01/05/32		1,530		1,283,196
2.50%, 06/01/40		208		149,968
2.50%, 03/15/51		466		300,896
2.60%, 06/01/50		405		268,446
2.75%, 06/01/60^(a)		360		233,568
2.90%, 05/25/27		310		291,434
3.00%, 03/05/51^(a)		468		337,503
3.38%, 03/25/27		500		478,610
3.45%, 03/25/30		428		397,745
4.20%, 03/25/50		202		181,543
Coca-Cola Femsa SAB de CV
1.85%, 09/01/32 (Call 06/01/32)		60		46,252
2.75%, 01/22/30 (Call 10/22/29)		20		17,551
5.25%, 11/26/43		200		193,368
Constellation Brands Inc.
2.88%, 05/01/30 (Call 02/01/30)		50		43,084
3.15%, 08/01/29 (Call 05/01/29)		45		40,208
3.50%, 05/09/27 (Call 02/09/27)		88		82,782
3.60%, 02/15/28 (Call 11/15/27)		60		55,958
3.70%, 12/06/26 (Call 09/06/26)		20		19,030
3.75%, 05/01/50 (Call 11/01/49)		132		99,942
4.10%, 02/15/48 (Call 08/15/47)		110		87,316
4.50%, 05/09/47 (Call 11/09/46)		127		106,236
4.65%, 11/15/28 (Call 08/15/28)		30		29,152
5.25%, 11/15/48 (Call 05/15/48)		45		41,978
Diageo Capital PLC
1.38%, 09/29/25 (Call 08/29/25)		1,861		1,718,243
2.00%, 04/29/30 (Call 01/29/30)		2,017		1,682,077
2.13%, 10/24/24 (Call 09/24/24)		4,028		3,876,467
2.13%, 04/29/32 (Call 01/29/32)		1,035		832,005
2.38%, 10/24/29 (Call 07/24/29)		1,730		1,494,737
3.88%, 05/18/28 (Call 02/18/28)^(a)		2,195		2,111,875
5.20%, 10/24/25		590		590,148
Diageo Investment Corp.
4.25%, 05/11/42		80		70,006
7.45%, 04/15/35		550		657,707
Fomento Economico Mexicano SAB de CV, 3.50%, 01/16/50 (Call 07/16/49)^(a)		150		109,358
Keurig Dr Pepper Inc.
2.55%, 09/15/26 (Call 06/15/26)		55		50,767
3.20%, 05/01/30 (Call 02/01/30)^(a)		75		66,330
3.35%, 03/15/51 (Call 09/15/50)		145		99,471
3.40%, 11/15/25 (Call 08/15/25)		278		265,907
3.43%, 06/15/27 (Call 03/15/27)		122		114,548
3.80%, 05/01/50 (Call 11/01/49)		184		139,338
4.05%, 04/15/32 (Call 01/15/32)^(a)		253		231,700
4.42%, 05/25/25 (Call 03/25/25)		112		109,790
4.42%, 12/15/46 (Call 06/15/46)		163		135,292
4.50%, 11/15/45 (Call 05/15/45)		166		141,459
4.50%, 04/15/52 (Call 10/15/51)		240		203,974
4.60%, 05/25/28 (Call 02/25/28)		295		287,808
5.09%, 05/25/48 (Call 11/25/47)^(a)		75		69,161
Molson Coors Beverage Co.
3.00%, 07/15/26 (Call 04/15/26)		1,079		1,011,012
4.20%, 07/15/46 (Call 01/15/46)		562		444,986
5.00%, 05/01/42		472		426,320
PepsiCo Inc.
1.63%, 05/01/30 (Call 02/01/30)		244		200,671
2.25%, 03/19/25 (Call 02/19/25)		556		532,175


Security	Par (000)		Value

Beverages (continued)
2.38%, 10/06/26 (Call 07/06/26)^(a)	$	780	$	730,392
2.63%, 03/19/27 (Call 01/19/27)		529		492,954
2.63%, 07/29/29 (Call 04/29/29)^(a)		1,038		929,581
2.75%, 04/30/25 (Call 01/30/25)		2,155		2,072,420
2.75%, 03/19/30 (Call 12/19/29)		188		167,243
2.75%, 10/21/51 (Call 04/21/51)		100		67,572
2.85%, 02/24/26 (Call 11/24/25)		1,051		1,000,794
2.88%, 10/15/49 (Call 04/15/49)		319		225,807
3.00%, 10/15/27 (Call 07/15/27)		1,393		1,308,668
3.38%, 07/29/49 (Call 01/29/49)		168		129,538
3.45%, 10/06/46 (Call 04/06/46)		393		312,388
3.50%, 07/17/25 (Call 04/17/25)		1,006		977,631
3.50%, 03/19/40 (Call 09/19/39)		35		28,728
3.63%, 03/19/50 (Call 09/19/49)		269		216,437
3.88%, 03/19/60 (Call 09/19/59)		135		110,542
4.00%, 03/05/42		125		108,325
4.00%, 05/02/47 (Call 11/02/46)		55		48,500
4.45%, 04/14/46 (Call 10/14/45)		527		490,605
4.88%, 11/01/40		115		112,687
5.50%, 01/15/40		55		57,599
7.00%, 03/01/29		207		230,329

				45,830,551

Biotechnology — 1.8%
Amgen Inc.
1.90%, 02/21/25 (Call 01/21/25)		195		185,418
2.20%, 02/21/27 (Call 12/21/26)		1,087		987,648
2.30%, 02/25/31 (Call 11/25/30)		124		102,299
2.45%, 02/21/30 (Call 11/21/29)		825		701,539
2.60%, 08/19/26 (Call 05/19/26)		449		417,449
2.77%, 09/01/53 (Call 03/01/53)		235		140,537
3.00%, 01/15/52 (Call 07/15/51)^(a)		250		162,457
3.13%, 05/01/25 (Call 02/01/25)		952		915,491
3.15%, 02/21/40 (Call 08/21/39)		70		52,206
3.20%, 11/02/27 (Call 08/02/27)		623		578,879
3.38%, 02/21/50 (Call 08/21/49)^(a)		235		164,528
4.20%, 03/01/33 (Call 12/01/32)		305		280,353
4.20%, 02/22/52 (Call 08/22/51)		190		151,204
4.40%, 05/01/45 (Call 11/01/44)		551		462,515
4.40%, 02/22/62 (Call 08/22/61)		260		205,829
4.56%, 06/15/48 (Call 12/15/47)		377		321,328
4.66%, 06/15/51 (Call 12/15/50)		948		814,512
4.88%, 03/01/53 (Call 09/01/52)		55		48,696
4.95%, 10/01/41		157		143,423
5.15%, 03/02/28 (Call 02/02/28)		330		329,601
5.15%, 11/15/41 (Call 05/15/41)		295		275,837
5.25%, 03/02/33 (Call 12/02/32)		1,085		1,078,837
5.65%, 06/15/42 (Call 12/15/41)		143		140,462
5.65%, 03/02/53 (Call 09/02/52)		685		679,075
5.75%, 03/15/40		105		103,503
5.75%, 03/02/63 (Call 09/02/62)		540		532,661
6.38%, 06/01/37		70		74,549
6.40%, 02/01/39		110		117,250
Baxalta Inc.
4.00%, 06/23/25 (Call 03/23/25)		359		349,095
5.25%, 06/23/45 (Call 12/23/44)		170		160,574
Biogen Inc.
2.25%, 05/01/30 (Call 02/01/30)		215		176,835
3.15%, 05/01/50 (Call 11/01/49)		508		331,556
3.25%, 02/15/51 (Call 08/15/50)^(a)		85		56,497
4.05%, 09/15/25 (Call 06/15/25)		415		402,525


Security	Par (000)		Value

Biotechnology (continued)
5.20%, 09/15/45 (Call 03/15/45)^(a)	$	500	$	469,300
Gilead Sciences Inc.
1.20%, 10/01/27 (Call 08/01/27)		235		202,065
1.65%, 10/01/30 (Call 07/01/30)		1,075		863,762
2.80%, 10/01/50 (Call 04/01/50)		120		77,028
2.95%, 03/01/27 (Call 12/01/26)		1,312		1,222,535
3.50%, 02/01/25 (Call 11/01/24)		1,033		1,005,460
3.65%, 03/01/26 (Call 12/01/25)		1,256		1,207,945
4.00%, 09/01/36 (Call 03/01/36)		230		203,414
4.15%, 03/01/47 (Call 09/01/46)		535		446,950
4.50%, 02/01/45 (Call 08/01/44)		396		347,732
4.60%, 09/01/35 (Call 03/01/35)		360		341,899
4.75%, 03/01/46 (Call 09/01/45)		539		491,870
4.80%, 04/01/44 (Call 10/01/43)		511		469,803
5.65%, 12/01/41 (Call 06/01/41)		357		364,333
Illumina Inc., 2.55%, 03/23/31 (Call 12/23/30)		165		132,226
Regeneron Pharmaceuticals Inc., 2.80%, 09/15/50 (Call 03/15/50)		235		145,935
Royalty Pharma PLC
3.35%, 09/02/51 (Call 03/02/51)		92		57,015
3.55%, 09/02/50 (Call 03/02/50)^(a)		139		90,645

				19,785,085

Building Materials — 1.7%
Carrier Global Corp.
2.70%, 02/15/31 (Call 11/15/30)		390		327,023
2.72%, 02/15/30 (Call 11/15/29)		450		385,677
3.38%, 04/05/40 (Call 10/05/39)		138		103,699
3.58%, 04/05/50 (Call 10/05/49)		516		368,847
Fortune Brands Home & Security Inc.
3.25%, 09/15/29 (Call 06/15/29)		378		332,961
4.00%, 06/15/25 (Call 03/15/25)		2,216		2,143,803
4.00%, 03/25/32 (Call 12/25/31)		225		197,991
4.50%, 03/25/52 (Call 09/25/51)		180		138,488
Fortune Brands Innovations Inc., 5.88%, 06/01/33^(a)		458		456,521
Johnson Controls International PLC
3.90%, 02/14/26 (Call 11/14/25)		2,126		2,047,466
6.00%, 01/15/36^(a)		500		514,340
Johnson Controls International PLC/Tyco Fire & Security Finance SCA
1.75%, 09/15/30 (Call 06/15/30)^(a)		2,438		1,952,131
2.00%, 09/16/31 (Call 06/16/31)		1,169		921,172
Lafarge SA, 7.13%, 07/15/36		55		60,169
Martin Marietta Materials Inc.
3.20%, 07/15/51 (Call 01/15/51)		182		121,834
3.45%, 06/01/27 (Call 03/01/27)		41		38,489
3.50%, 12/15/27 (Call 09/15/27)		70		65,486
4.25%, 12/15/47 (Call 06/15/47)		71		57,646
Series CB, 2.50%, 03/15/30 (Call 12/15/29)		101		84,833
Masco Corp.
3.13%, 02/15/51 (Call 08/15/50)		40		24,699
3.50%, 11/15/27 (Call 08/15/27)		238		221,242
4.50%, 05/15/47 (Call 11/15/46)^(a)		110		86,284
Mohawk Industries Inc., 3.63%, 05/15/30 (Call 02/15/30)^(a)		5		4,494
Owens Corning
3.40%, 08/15/26 (Call 05/15/26)		463		437,350
3.95%, 08/15/29 (Call 05/15/29)		384		357,350
4.20%, 12/01/24 (Call 09/01/24)		565		553,655
4.30%, 07/15/47 (Call 01/15/47)		137		110,070
4.40%, 01/30/48 (Call 07/30/47)		82		66,528


Security	Par (000)		Value

Building Materials (continued)
7.00%, 12/01/36	$	167	$	183,526
Trane Technologies Financing Ltd., 5.25%, 03/03/33 (Call 12/03/32)		905		903,489
Trane Technologies Global Holding Co. Ltd.
3.75%, 08/21/28 (Call 05/21/28)^(a)		1,206		1,132,217
4.30%, 02/21/48 (Call 08/21/47)		71		58,618
5.75%, 06/15/43		221		220,514
Trane Technologies Luxembourg Finance SA
3.50%, 03/21/26 (Call 01/21/26)^(a)		1,370		1,311,446
3.55%, 11/01/24 (Call 08/01/24)		1,961		1,917,525
3.80%, 03/21/29 (Call 12/21/28)		1,065		993,677
Vulcan Materials Co.
4.50%, 06/15/47 (Call 12/15/46)		102		86,775
4.70%, 03/01/48 (Call 09/01/47)		9		7,864

				18,995,899

Chemicals — 1.7%
Albemarle Corp., 5.45%, 12/01/44 (Call 06/01/44)^(a)		120		110,256
Cabot Corp., 4.00%, 07/01/29 (Call 04/01/29)		60		55,297
Celanese U.S. Holdings LLC
6.33%, 07/15/29 (Call 05/15/29)		145		144,098
6.35%, 11/15/28 (Call 10/15/28)^(a)		90		90,291
6.38%, 07/15/32 (Call 04/15/32)		250		247,480
6.55%, 11/15/30 (Call 09/15/30)		150		150,036
6.70%, 11/15/33 (Call 08/15/33)^(a)		110		110,477
CF Industries Inc.
4.95%, 06/01/43		107		90,256
5.38%, 03/15/44		151		133,949
Dow Chemical Co. (The)
3.60%, 11/15/50 (Call 05/15/50)		167		119,175
4.25%, 10/01/34 (Call 04/01/34)		106		95,551
4.38%, 11/15/42 (Call 05/15/42)		258		212,646
4.63%, 10/01/44 (Call 04/01/44)		138		115,843
4.80%, 11/30/28 (Call 08/30/28)		52		51,240
4.80%, 05/15/49 (Call 11/15/48)		152		128,967
5.25%, 11/15/41 (Call 05/15/41)		213		198,821
5.55%, 11/30/48 (Call 05/30/48)		253		240,183
6.30%, 03/15/33 (Call 12/15/32)		210		222,514
6.90%, 05/15/53 (Call 11/15/52)		105		116,844
7.38%, 11/01/29		108		118,462
9.40%, 05/15/39		174		229,717
DuPont de Nemours Inc.
4.49%, 11/15/25 (Call 09/15/25)		138		135,174
4.73%, 11/15/28 (Call 08/15/28)		409		403,528
5.32%, 11/15/38 (Call 05/15/38)		475		464,939
5.42%, 11/15/48 (Call 05/15/48)		439		424,675
Eastman Chemical Co.
4.50%, 12/01/28 (Call 09/01/28)		52		49,706
4.65%, 10/15/44 (Call 04/15/44)		205		166,890
4.80%, 09/01/42 (Call 03/01/42)		169		143,249
Ecolab Inc.
1.30%, 01/30/31 (Call 10/30/30)^(a)		562		438,040
2.13%, 02/01/32 (Call 11/01/31)^(a)		170		138,429
2.13%, 08/15/50 (Call 02/15/50)		65		36,937
2.70%, 11/01/26 (Call 08/01/26)		4,614		4,319,212
2.70%, 12/15/51 (Call 06/15/51)		108		68,137
3.25%, 12/01/27 (Call 09/01/27)^(a)		2,037		1,910,299
4.80%, 03/24/30 (Call 12/24/29)		935		928,988
FMC Corp.
3.20%, 10/01/26 (Call 08/01/26)		102		94,414
3.45%, 10/01/29 (Call 07/01/29)		53		46,194


Security	Par (000)		Value

Chemicals (continued)
4.50%, 10/01/49 (Call 04/01/49)	$	66	$	49,191
International Flavors & Fragrances Inc.
4.38%, 06/01/47 (Call 12/01/46)		266		190,679
4.45%, 09/26/28 (Call 06/26/28)		206		192,515
5.00%, 09/26/48 (Call 03/26/48)		43		34,179
Linde Inc./CT
2.65%, 02/05/25 (Call 11/05/24)		58		55,770
3.20%, 01/30/26 (Call 10/30/25)		12		11,545
LYB International Finance BV
4.88%, 03/15/44 (Call 09/15/43)		255		215,781
5.25%, 07/15/43		206		183,350
LYB International Finance II BV, 3.50%, 03/02/27 (Call 12/02/26)		47		44,305
LYB International Finance III LLC
3.63%, 04/01/51 (Call 10/01/50)		229		154,156
3.80%, 10/01/60 (Call 04/01/60)		466		304,247
4.20%, 10/15/49 (Call 04/15/49)		187		139,119
4.20%, 05/01/50 (Call 11/01/49)		250		185,405
5.63%, 05/15/33		350		346,472
LyondellBasell Industries NV, 4.63%, 02/26/55 (Call 08/26/54)		246		193,201
Mosaic Co. (The)
4.05%, 11/15/27 (Call 08/15/27)		60		57,212
4.88%, 11/15/41 (Call 05/15/41)		15		12,556
5.45%, 11/15/33 (Call 05/15/33)^(a)		417		405,699
5.63%, 11/15/43 (Call 05/15/43)		50		46,182
Nutrien Ltd.
3.00%, 04/01/25 (Call 01/01/25)^(a)		138		132,218
3.95%, 05/13/50 (Call 11/13/49)		85		63,887
4.00%, 12/15/26 (Call 09/15/26)		10		9,554
4.13%, 03/15/35 (Call 09/15/34)		332		288,176
4.20%, 04/01/29 (Call 01/01/29)		51		47,977
4.90%, 06/01/43 (Call 12/01/42)		72		62,948
5.00%, 04/01/49 (Call 10/01/48)		176		153,023
5.25%, 01/15/45 (Call 07/15/44)		182		163,867
5.63%, 12/01/40		87		82,615
5.80%, 03/27/53 (Call 09/27/52)		160		156,277
5.88%, 12/01/36		83		82,392
6.13%, 01/15/41 (Call 07/15/40)		35		35,135
PPG Industries Inc.
2.80%, 08/15/29 (Call 05/15/29)		57		50,252
3.75%, 03/15/28 (Call 12/15/27)		111		104,605
RPM International Inc.
4.25%, 01/15/48 (Call 07/15/47)		19		14,272
4.55%, 03/01/29 (Call 12/01/28)^(a)		26		24,394
5.25%, 06/01/45 (Call 12/01/44)		62		53,593
Sherwin-Williams Co. (The)
2.30%, 05/15/30 (Call 02/15/30)		120		100,001
2.95%, 08/15/29 (Call 05/15/29)		27		23,794
3.30%, 05/15/50 (Call 11/15/49)		51		34,639
3.45%, 08/01/25 (Call 05/01/25)		78		75,086
3.45%, 06/01/27 (Call 03/01/27)		125		117,830
3.80%, 08/15/49 (Call 02/15/49)		56		41,942
3.95%, 01/15/26 (Call 10/15/25)		34		32,878
4.00%, 12/15/42 (Call 06/15/42)		65		51,183
4.50%, 06/01/47 (Call 12/01/46)		423		360,421
4.55%, 08/01/45 (Call 02/01/45)		142		118,427
Westlake Corp.
3.38%, 08/15/61 (Call 02/15/61)		125		73,365
4.38%, 11/15/47 (Call 05/15/47)		15		11,575


Security	Par (000)		Value

Chemicals (continued)
5.00%, 08/15/46 (Call 02/15/46)	$	28	$	23,583

				18,162,387

Commercial Services — 1.5%
Automatic Data Processing Inc.
1.25%, 09/01/30 (Call 06/01/30)		4,256		3,390,883
1.70%, 05/15/28 (Call 03/15/28)		3,878		3,394,762
3.38%, 09/15/25 (Call 06/15/25)		2,336		2,259,987
Block Financial LLC
3.88%, 08/15/30 (Call 05/15/30)		219		193,432
5.25%, 10/01/25 (Call 07/01/25)		80		78,825
Cintas Corp. No. 2, 3.70%, 04/01/27 (Call 01/01/27)		74		70,944
Global Payments Inc.
4.15%, 08/15/49 (Call 02/15/49)		96		70,397
5.40%, 08/15/32 (Call 05/15/32)^(a)		30		29,428
5.95%, 08/15/52 (Call 02/15/52)		238		226,129
Moody’s Corp.
3.10%, 11/29/61 (Call 05/29/61)^(a)		160		101,261
3.25%, 01/15/28 (Call 10/15/27)		142		132,379
3.25%, 05/20/50 (Call 11/20/49)^(a)		89		61,401
4.25%, 02/01/29 (Call 11/01/28)		78		75,117
4.25%, 08/08/32 (Call 05/08/32)		125		117,352
4.88%, 12/17/48 (Call 06/17/48)		188		171,142
5.25%, 07/15/44		180		172,802
PayPal Holdings Inc.
2.30%, 06/01/30 (Call 03/01/30)		262		220,206
2.85%, 10/01/29 (Call 07/01/29)		83		73,275
3.25%, 06/01/50 (Call 12/01/49)^(a)		300		213,048
5.05%, 06/01/52 (Call 12/01/51)		60		57,989
5.25%, 06/01/62 (Call 12/01/61)^(a)		155		147,510
Quanta Services Inc.
2.35%, 01/15/32 (Call 10/15/31)		450		355,671
2.90%, 10/01/30 (Call 07/01/30)		554		466,479
3.05%, 10/01/41 (Call 04/01/41)		127		86,378
RELX Capital Inc.
3.00%, 05/22/30 (Call 02/22/30)		1,986		1,744,006
4.00%, 03/18/29 (Call 12/18/28)		2,052		1,948,990
S&P Global Inc.
2.30%, 08/15/60 (Call 02/15/60)		280		152,480
2.50%, 12/01/29 (Call 09/01/29)		66		57,329
3.25%, 12/01/49 (Call 06/01/49)		255		182,103
3.90%, 03/01/62 (Call 09/01/61)		35		27,447
Triton Container International Ltd./TAL International Container Corp., 3.25%, 03/15/32 (Call 12/15/31)		450		349,101
Verisk Analytics Inc.
3.63%, 05/15/50 (Call 11/15/49)		72		51,310
5.50%, 06/15/45 (Call 12/15/44)		27		24,905

				16,704,468

Computers — 1.8%
Apple Inc.
2.40%, 08/20/50 (Call 02/20/50)		325		208,809
2.55%, 08/20/60 (Call 02/20/60)^(a)		1,105		694,548
2.65%, 05/11/50 (Call 11/11/49)		341		227,065
2.65%, 02/08/51 (Call 08/08/50)		370		245,243
2.70%, 08/05/51 (Call 02/05/51)		312		207,361
2.80%, 02/08/61 (Call 08/08/60)		284		182,958
2.85%, 08/05/61 (Call 02/05/61)		272		175,979
2.95%, 09/11/49 (Call 03/11/49)		171		122,014
3.35%, 08/08/32 (Call 05/08/32)^(a)		200		183,456
3.45%, 02/09/45		463		374,326


Security	Par (000)		Value

Computers (continued)
3.75%, 09/12/47 (Call 03/12/47)	$	194	$	161,575
3.75%, 11/13/47 (Call 05/13/47)		112		93,129
3.85%, 05/04/43		296		256,141
3.85%, 08/04/46 (Call 02/04/46)		623		526,416
3.95%, 08/08/52 (Call 02/08/52)		495		418,092
4.10%, 08/08/62 (Call 02/08/62)		315		263,847
4.25%, 02/09/47 (Call 08/09/46)		302		275,451
4.30%, 05/10/33^(a)		220		215,829
4.38%, 05/13/45		573		526,925
4.45%, 05/06/44		228		216,687
4.50%, 02/23/36 (Call 08/23/35)^(a)		15		14,985
4.65%, 02/23/46 (Call 08/23/45)		960		917,587
Dell Inc., 6.50%, 04/15/38		145		147,100
Dell International LLC/EMC Corp.
3.45%, 12/15/51 (Call 06/15/51)^(c)		300		195,891
8.10%, 07/15/36 (Call 01/15/36)		192		220,537
8.35%, 07/15/46 (Call 01/15/46)		300		367,668
Hewlett Packard Enterprise Co.
1.75%, 04/01/26 (Call 03/01/26)		155		141,396
4.90%, 10/15/25 (Call 07/15/25)		2,428		2,395,343
5.25%, 07/01/28		420		416,451
6.20%, 10/15/35 (Call 04/15/35)		431		446,800
HP Inc.
4.20%, 04/15/32 (Call 01/15/32)		180		160,735
5.50%, 01/15/33 (Call 10/15/32)^(a)		375		364,012
6.00%, 09/15/41^(a)		500		492,325
International Business Machines Corp.
2.95%, 05/15/50 (Call 11/15/49)		195		126,042
3.30%, 05/15/26		411		391,757
3.30%, 01/27/27^(a)		994		939,290
3.45%, 02/19/26^(a)		1,230		1,179,078
3.50%, 05/15/29		1,265		1,166,229
4.00%, 06/20/42		220		180,750
4.15%, 05/15/39		180		154,341
4.25%, 05/15/49		645		532,067
4.70%, 02/19/46		105		92,731
4.75%, 02/06/33 (Call 11/06/32)		245		238,983
4.90%, 07/27/52 (Call 01/27/52)		50		45,495
5.10%, 02/06/53 (Call 08/06/52)		45		42,073
5.60%, 11/30/39		151		152,190
5.88%, 11/29/32		132		140,027
6.22%, 08/01/27		345		362,647
6.50%, 01/15/28^(a)		67		71,235
7.00%, 10/30/25^(a)		473		489,598
7.13%, 12/01/96^(a)		85		104,099
Kyndryl Holdings Inc., 3.15%, 10/15/31 (Call 07/15/31)^(a)		55		42,729
Leidos Inc.
2.30%, 02/15/31 (Call 11/15/30)		180		142,596
4.38%, 05/15/30 (Call 02/15/30)		776		715,821
Teledyne FLIR LLC, 2.50%, 08/01/30 (Call 05/01/30)		145		119,661
Western Digital Corp.
2.85%, 02/01/29 (Call 12/01/28)		192		154,669
3.10%, 02/01/32 (Call 11/01/31)		417		310,611
4.75%, 02/15/26 (Call 11/15/25)		207		197,230

				19,948,630

Cosmetics & Personal Care — 0.6%
Colgate-Palmolive Co.
3.70%, 08/01/47 (Call 02/01/47)		492		412,404
4.00%, 08/15/45		262		231,260


Security	Par (000)		Value

Cosmetics & Personal Care (continued)
Conopco Inc., Series E, 7.25%, 12/15/26	$	70	$	74,619
Estee Lauder Companies Inc. (The)
2.38%, 12/01/29 (Call 09/01/29)^(a)		78		66,802
2.60%, 04/15/30 (Call 01/15/30)^(a)		41		35,356
3.13%, 12/01/49 (Call 06/01/49)		168		116,392
4.15%, 03/15/47 (Call 09/15/46)^(a)		133		111,893
4.38%, 06/15/45 (Call 12/15/44)		124		106,365
6.00%, 05/15/37		64		68,017
Procter & Gamble Co. (The)
2.45%, 11/03/26		346		323,870
2.70%, 02/02/26		66		62,905
2.80%, 03/25/27		584		547,728
2.85%, 08/11/27		956		895,533
3.00%, 03/25/30		266		242,970
3.60%, 03/25/50		55		45,093
5.55%, 03/05/37		690		746,049
5.80%, 08/15/34		45		49,778
Unilever Capital Corp.
1.38%, 09/14/30 (Call 06/14/30)		100		79,606
1.75%, 08/12/31 (Call 05/12/31)		780		623,906
2.00%, 07/28/26^(a)		207		191,427
2.13%, 09/06/29 (Call 06/06/29)		192		166,923
2.90%, 05/05/27 (Call 02/05/27)		334		311,742
3.10%, 07/30/25		370		356,843
3.38%, 03/22/25 (Call 01/22/25)^(a)		380		369,360
3.50%, 03/22/28 (Call 12/22/27)		156		148,225
5.90%, 11/15/32		342		371,542
Series 30Y, 2.63%, 08/12/51 (Call 02/12/51)^(a)		160		105,486

				6,862,094

Distribution & Wholesale — 0.2%
LKQ Corp.
5.75%, 06/15/28 (Call 05/15/28)^(c)		880		873,030
6.25%, 06/15/33 (Call 03/15/33)^(c)		375		372,120
WW Grainger Inc.
1.85%, 02/15/25 (Call 01/15/25)		667		633,863
3.75%, 05/15/46 (Call 11/15/45)^(a)		178		141,357
4.20%, 05/15/47 (Call 11/15/46)		88		76,217
4.60%, 06/15/45 (Call 12/15/44)		344		315,187

				2,411,774

Diversified Financial Services — 3.2%
AerCap Ireland Capital DAC/AerCap Global Aviation Trust
2.45%, 10/29/26 (Call 09/29/26)		20		17,990
3.00%, 10/29/28 (Call 08/29/28)		555		481,013
3.30%, 01/30/32 (Call 10/30/31)		945		768,162
3.40%, 10/29/33 (Call 07/29/33)		407		322,914
3.50%, 01/15/25 (Call 11/15/24)		251		242,283
3.65%, 07/21/27 (Call 04/21/27)		335		308,438
3.85%, 10/29/41 (Call 04/29/41)		202		149,658
3.88%, 01/23/28 (Call 10/23/27)		262		241,113
4.45%, 10/01/25 (Call 08/01/25)		320		309,878
4.45%, 04/03/26 (Call 02/03/26)		469		451,919
4.63%, 10/15/27 (Call 08/15/27)		181		171,908
5.75%, 06/06/28 (Call 05/06/28)		150		148,525
6.50%, 07/15/25 (Call 06/15/25)		1,684		1,691,797
Affiliated Managers Group Inc., 3.50%, 08/01/25		86		82,061
Air Lease Corp.
2.88%, 01/15/32 (Call 10/15/31)^(a)		260		207,264
3.00%, 02/01/30 (Call 11/01/29)		214		179,843


Security	Par (000)		Value

Diversified Financial Services (continued)
3.13%, 12/01/30 (Call 09/01/30)	$	60	$	50,099
3.25%, 03/01/25 (Call 01/01/25)		124		118,807
3.25%, 10/01/29 (Call 07/01/29)^(a)		217		189,257
3.63%, 04/01/27 (Call 01/01/27)		376		349,360
3.63%, 12/01/27 (Call 09/01/27)^(a)		128		117,585
3.75%, 06/01/26 (Call 04/01/26)		349		331,930
4.63%, 10/01/28 (Call 07/01/28)		338		318,599
Aircastle Ltd., 4.25%, 06/15/26 (Call 04/15/26)^(a)		809		767,539
Ally Financial Inc.
4.63%, 03/30/25		80		77,361
5.13%, 09/30/24		161		158,529
5.80%, 05/01/25 (Call 04/01/25)^(a)		201		197,983
8.00%, 11/01/31		817		846,948
American Express Co.
3.00%, 10/30/24 (Call 09/29/24)		996		966,977
3.13%, 05/20/26 (Call 04/20/26)		1,012		956,613
3.63%, 12/05/24 (Call 11/04/24)		846		823,818
4.05%, 12/03/42		365		312,389
4.20%, 11/06/25 (Call 10/06/25)		1,477		1,438,347
4.42%, 08/03/33 (Call 08/03/32),
(1-day SOFR + 1.760%)^(b)		162		150,271
4.99%, 05/01/26, (1-day SOFR + 0.999%)^(b)		290		285,896
4.99%, 05/26/33 (Call 02/26/32),
(1-day SOFR + 2.255%)^(b)		115		109,081
5.04%, 05/01/34, (1-day SOFR + 1.835%)^(b)		470		451,628
5.28%, 07/27/29 (Call 07/27/28),
(1-day SOFR + 1.280%)^(b)		325		321,444
5.39%, 07/28/27 (Call 07/28/26),
(1-day SOFR + 0.970%)^(b)		100		99,434
American Express Credit Corp., 3.30%, 05/03/27 (Call 04/03/27)		430		401,366
Ameriprise Financial Inc.
2.88%, 09/15/26 (Call 06/15/26)		23		21,514
3.00%, 04/02/25 (Call 03/02/25)		15		14,422
3.70%, 10/15/24		35		34,241
Brookfield Capital Finance LLC, 6.09%, 06/14/33
(Call 03/14/33)^(a)		55		55,119
Brookfield Finance Inc.
2.34%, 01/30/32 (Call 10/30/31)^(a)		210		162,431
3.50%, 03/30/51 (Call 09/30/50)		98		63,959
3.63%, 02/15/52 (Call 08/15/51)		155		103,233
3.90%, 01/25/28 (Call 10/25/27)		206		192,499
4.25%, 06/02/26 (Call 03/02/26)		237		227,982
4.35%, 04/15/30 (Call 01/15/30)		79		72,937
4.70%, 09/20/47 (Call 03/20/47)		278		229,347
4.85%, 03/29/29 (Call 12/29/28)		287		274,604
Brookfield Finance LLC, 3.45%, 04/15/50
(Call 10/15/49)		191		123,797
Capital One Financial Corp.
2.36%, 07/29/32 (Call 07/29/31),
(1-day SOFR + 1.337%)^(b)		275		195,877
2.64%, 03/03/26 (Call 03/03/25),
(1-day SOFR + 1.290%)^(b)		130		122,830
3.27%, 03/01/30 (Call 03/01/29),
(1-day SOFR + 1.790%)^(b)		122		104,675
3.80%, 01/31/28 (Call 12/31/27)		80		73,414
4.93%, 05/10/28 (Call 05/10/27),
(1-day SOFR + 2.057%)^(b)		55		52,872
4.99%, 07/24/26 (Call 07/24/25),
(1-day SOFR + 2.160%)^(a)(b)		365		356,707


Security	Par (000)		Value

Diversified Financial Services (continued)
5.25%, 07/26/30 (Call 07/26/29),
(1-day SOFR + 2.600%)^(b)	$	120	$	114,090
5.27%, 05/10/33 (Call 05/10/32),
(1-day SOFR + 2.370%)^(a)(b)		400		371,816
5.82%, 02/01/34 (Call 02/01/33),
(1-day SOFR + 2.600%)^(b)		110		104,486
6.31%, 06/08/29 (Call 06/08/28),
(1-day SOFR + 2.640%)^(b)		135		134,927
6.38%, 06/08/34 (Call 06/08/33),
(1-day SOFR + 2.860%)^(b)		105		103,710
Cboe Global Markets Inc., 3.65%, 01/12/27
(Call 10/12/26)		137		131,034
Charles Schwab Corp. (The)
1.95%, 12/01/31 (Call 09/01/31)		300		230,217
2.00%, 03/20/28 (Call 01/20/28)^(a)		45		38,765
2.30%, 05/13/31 (Call 02/13/31)^(a)		75		60,286
2.90%, 03/03/32 (Call 12/03/31)		460		379,551
3.20%, 01/25/28 (Call 10/25/27)^(a)		44		40,106
3.25%, 05/22/29 (Call 02/22/29)		122		108,481
4.00%, 02/01/29 (Call 11/01/28)		45		42,317
4.63%, 03/22/30 (Call 12/22/29)^(a)		65		63,139
CI Financial Corp.
3.20%, 12/17/30 (Call 09/17/30)		295		227,067
4.10%, 06/15/51 (Call 12/15/50)		64		38,724
CME Group Inc.
2.65%, 03/15/32 (Call 12/15/31)		20		16,767
3.75%, 06/15/28 (Call 03/15/28)		89		85,671
4.15%, 06/15/48 (Call 12/15/47)^(a)		88		77,366
5.30%, 09/15/43 (Call 03/15/43)		65		65,836
Credit Suisse USA Inc., 7.13%, 07/15/32		255		283,443
Discover Financial Services
4.10%, 02/09/27 (Call 11/09/26)		274		254,121
4.50%, 01/30/26 (Call 11/30/25)^(a)		50		48,021
6.70%, 11/29/32 (Call 08/29/32)		210		208,906
Eaton Vance Corp., 3.50%, 04/06/27 (Call 01/06/27)		125		117,405
Franklin Resources Inc.
2.85%, 03/30/25		51		48,920
2.95%, 08/12/51 (Call 02/12/51)		30		18,446
Intercontinental Exchange Inc.
1.85%, 09/15/32 (Call 06/15/32)		145		110,358
2.65%, 09/15/40 (Call 03/15/40)		107		74,628
3.00%, 06/15/50 (Call 12/15/49)		382		254,794
3.00%, 09/15/60 (Call 03/15/60)		385		239,301
4.25%, 09/21/48 (Call 03/21/48)		275		231,613
4.60%, 03/15/33 (Call 12/15/32)^(a)		320		305,501
4.95%, 06/15/52 (Call 12/15/51)		260		242,182
5.20%, 06/15/62 (Call 12/15/61)		295		280,341
Invesco Finance PLC
3.75%, 01/15/26		135		129,904
5.38%, 11/30/43		181		170,053
Janus Henderson U.S. Holdings Inc., 4.88%, 08/01/25 (Call 05/01/25)		1,457		1,427,204
Jefferies Financial Group Inc.
2.63%, 10/15/31 (Call 07/15/31)		35		27,296
4.15%, 01/23/30		87		78,416
6.25%, 01/15/36		53		53,637
6.50%, 01/20/43		65		64,847
Legg Mason Inc.
4.75%, 03/15/26		385		378,513
5.63%, 01/15/44		271		262,323


Security	Par (000)		Value

Diversified Financial Services (continued)
Mastercard Inc.
2.95%, 06/01/29 (Call 03/01/29)	$	89	$	80,709
2.95%, 03/15/51 (Call 09/15/50)^(a)		75		52,390
3.35%, 03/26/30 (Call 12/26/29)		30		27,581
3.65%, 06/01/49 (Call 12/01/48)		260		208,101
3.80%, 11/21/46 (Call 05/21/46)^(a)		131		108,172
3.85%, 03/26/50 (Call 09/26/49)		246		204,025
3.95%, 02/26/48 (Call 08/26/47)		108		91,714
Nasdaq Inc.
1.65%, 01/15/31 (Call 10/15/30)		360		281,563
3.25%, 04/28/50 (Call 10/28/49)^(a)		168		111,581
3.85%, 06/30/26 (Call 03/30/26)		155		149,158
3.95%, 03/07/52 (Call 09/07/51)		219		163,954
5.35%, 06/28/28		315		314,931
5.55%, 02/15/34		345		343,651
5.65%, 06/28/25		50		50,061
Nomura Holdings Inc.
2.17%, 07/14/28		225		189,205
2.33%, 01/22/27		45		39,881
2.61%, 07/14/31		457		359,152
2.65%, 01/16/25		262		250,357
2.68%, 07/16/30		333		270,772
2.71%, 01/22/29		206		174,845
3.00%, 01/22/32		231		184,948
3.10%, 01/16/30		451		382,096
5.39%, 07/06/27		320		313,741
6.07%, 07/12/28		200		200,916
6.09%, 07/12/33		200		200,364
ORIX Corp.
3.25%, 12/04/24		7		6,765
3.70%, 07/18/27		56		52,892
4.00%, 04/13/32		125		113,966
5.20%, 09/13/32^(a)		145		144,207
Radian Group Inc.
4.88%, 03/15/27 (Call 09/15/26)		65		61,487
6.63%, 03/15/25 (Call 09/15/24)^(a)		590		589,463
Raymond James Financial Inc.
3.75%, 04/01/51 (Call 10/01/50)		167		121,481
4.65%, 04/01/30 (Call 01/01/30)^(a)		24		23,206
4.95%, 07/15/46		190		165,800
Synchrony Financial
2.88%, 10/28/31 (Call 07/28/31)		149		110,430
3.70%, 08/04/26 (Call 05/04/26)		195		177,627
3.95%, 12/01/27 (Call 09/01/27)		317		282,938
4.50%, 07/23/25 (Call 04/23/25)		255		243,239
5.15%, 03/19/29 (Call 12/19/28)^(a)		506		464,068
Visa Inc.
2.00%, 08/15/50 (Call 02/15/50)^(a)		276		163,240
2.05%, 04/15/30 (Call 01/15/30)		131		111,098
3.65%, 09/15/47 (Call 03/15/47)		263		214,519
4.15%, 12/14/35 (Call 06/14/35)		533		502,827
4.30%, 12/14/45 (Call 06/14/45)		658		594,839
Voya Financial Inc.
3.65%, 06/15/26^(a)		80		75,556
4.70%, 01/23/48 (Call 01/23/28),
(3-mo. LIBOR US + 2.084%)^(b)		245		197,818
Western Union Co. (The)
2.85%, 01/10/25 (Call 12/10/24)		156		149,479
6.20%, 11/17/36^(a)		308		308,782

				35,472,611


Security	Par (000)		Value

Electric — 8.0%
AEP Texas Inc.
3.45%, 05/15/51 (Call 11/15/50)	$	480	$	326,818
4.70%, 05/15/32 (Call 02/15/32)		395		373,769
5.25%, 05/15/52 (Call 11/15/51)		345		316,151
5.40%, 06/01/33 (Call 03/01/33)		360		356,058
Series G, 4.15%, 05/01/49 (Call 11/01/48)		85		65,450
Series H, 3.45%, 01/15/50 (Call 07/15/49)		180		124,301
Avangrid Inc.
3.15%, 12/01/24 (Call 10/01/24)		2,936		2,833,005
3.20%, 04/15/25 (Call 03/15/25)		441		422,222
3.80%, 06/01/29 (Call 03/01/29)		4,422		4,010,621
Avista Corp.
4.00%, 04/01/52 (Call 10/01/51)		258		197,006
4.35%, 06/01/48 (Call 12/01/47)		547		448,228
Baltimore Gas & Electric Co.
2.40%, 08/15/26 (Call 05/15/26)		899		832,159
3.20%, 09/15/49 (Call 03/15/49)		454		309,828
3.50%, 08/15/46 (Call 02/15/46)		249		182,415
3.75%, 08/15/47 (Call 02/15/47)		254		193,533
4.25%, 09/15/48 (Call 03/15/48)		220		180,444
6.35%, 10/01/36		185		197,582
CenterPoint Energy Houston Electric LLC
3.55%, 08/01/42 (Call 02/01/42)		337		257,630
3.60%, 03/01/52 (Call 09/01/51)		610		454,346
3.95%, 03/01/48 (Call 09/01/47)		249		199,581
4.50%, 04/01/44 (Call 10/01/43)		192		166,330
5.30%, 04/01/53 (Call 10/01/52)^(a)		40		39,644
Series AA, 3.00%, 02/01/27 (Call 11/01/26)		124		115,752
Series AC, 4.25%, 02/01/49 (Call 08/01/48)		272		227,683
Series AD, 2.90%, 07/01/50 (Call 01/01/50)		123		79,845
Series AF, 3.35%, 04/01/51 (Call 10/01/50)		132		94,414
Series K2, 6.95%, 03/15/33		50		56,068
Series Z, 2.40%, 09/01/26 (Call 06/01/26)^(a)		52		47,974
Cleveland Electric Illuminating Co. (The), 5.95%, 12/15/36		220		217,131
CMS Energy Corp.
3.75%, 12/01/50 (Call 09/01/30),
(5-year CMT + 2.900%)^(b)		200		151,068
4.75%, 06/01/50 (Call 03/01/30),
(5-year CMT + 4.116%)^(b)		55		47,973
Commonwealth Edison Co.
2.20%, 03/01/30 (Call 12/01/29)		1,002		838,303
2.55%, 06/15/26 (Call 03/15/26)		759		709,126
3.00%, 03/01/50 (Call 09/01/49)		285		188,368
3.65%, 06/15/46 (Call 12/15/45)		284		213,554
3.70%, 08/15/28 (Call 05/15/28)		468		441,694
3.70%, 03/01/45 (Call 09/01/44)		194		149,392
3.80%, 10/01/42 (Call 04/01/42)		90		71,636
4.00%, 03/01/48 (Call 09/01/47)		272		219,085
4.00%, 03/01/49 (Call 09/01/48)		230		183,400
4.35%, 11/15/45 (Call 05/15/45)		104		87,767
4.60%, 08/15/43 (Call 02/15/43)		35		31,068
4.70%, 01/15/44 (Call 07/15/43)		113		100,141
5.90%, 03/15/36		278		287,647
6.45%, 01/15/38		199		214,864
Series 122, 2.95%, 08/15/27 (Call 05/15/27)		61		56,715
Series 123, 3.75%, 08/15/47 (Call 02/15/47)		239		182,610
Series 127, 3.20%, 11/15/49 (Call 05/15/49)		282		192,598
Connecticut Light & Power Co. (The)
4.00%, 04/01/48 (Call 10/01/47)		633		515,002


Security	Par (000)		Value

Electric (continued)
4.30%, 04/15/44 (Call 10/15/43)	$	355	$	299,719
4.90%, 07/01/33^(a)		100		98,473
Series A, 2.05%, 07/01/31 (Call 04/01/31)		485		390,653
Series A, 3.20%, 03/15/27 (Call 12/15/26)		240		225,691
Series A, 4.15%, 06/01/45 (Call 12/01/44)^(a)		409		339,777
Consolidated Edison Co. of New York Inc.
3.70%, 11/15/59 (Call 05/15/59)		189		133,547
3.80%, 05/15/28 (Call 02/15/28)		74		70,003
3.85%, 06/15/46 (Call 12/15/45)		235		179,909
3.95%, 03/01/43 (Call 09/01/42)		190		151,162
4.45%, 03/15/44 (Call 09/15/43)		271		230,626
4.50%, 12/01/45 (Call 06/01/45)		198		167,395
4.50%, 05/15/58 (Call 11/15/57)		109		88,893
4.63%, 12/01/54 (Call 06/01/54)		166		140,771
5.70%, 06/15/40		115		112,953
Series 05-A, 5.30%, 03/01/35		300		292,707
Series 06-A, 5.85%, 03/15/36		134		135,193
Series 06-B, 6.20%, 06/15/36		50		52,003
Series 07-A, 6.30%, 08/15/37		93		97,884
Series 08-B, 6.75%, 04/01/38^(a)		238		262,740
Series 09-C, 5.50%, 12/01/39		187		180,212
Series 12-A, 4.20%, 03/15/42		139		115,754
Series 2017, 3.88%, 06/15/47 (Call 12/15/46)		168		128,932
Series 20A, 3.35%, 04/01/30 (Call 01/01/30)		758		683,959
Series 20B, 3.95%, 04/01/50 (Call 10/01/49)		236		186,685
Series A, 4.13%, 05/15/49 (Call 11/15/48)		213		168,651
Series B, 3.13%, 11/15/27 (Call 08/15/27)		86		79,852
Series C, 3.00%, 12/01/60 (Call 06/01/60)		215		131,133
Series C, 4.00%, 11/15/57 (Call 05/15/57)		55		42,426
Series C, 4.30%, 12/01/56 (Call 06/01/56)		165		130,131
Series D, 4.00%, 12/01/28 (Call 09/01/28)		209		199,654
Series E, 4.65%, 12/01/48 (Call 06/01/48)		113		97,274
Constellation Energy Generation LLC
5.60%, 06/15/42 (Call 12/15/41)^(a)		146		137,928
5.80%, 03/01/33 (Call 12/01/32)		505		514,342
6.25%, 10/01/39		140		141,782
Consumers Energy Co.
2.50%, 05/01/60 (Call 11/01/59)		1,330		733,881
4.20%, 09/01/52 (Call 03/01/52)		575		475,249
4.63%, 05/15/33 (Call 11/15/32)		105		101,788
Delmarva Power & Light Co., 4.15%, 05/15/45 (Call 11/15/44)		134		106,956
Edison International
3.55%, 11/15/24 (Call 10/15/24)		26		25,250
4.13%, 03/15/28 (Call 12/15/27)		208		194,515
4.95%, 04/15/25 (Call 03/15/25)^(a)		77		75,843
5.75%, 06/15/27 (Call 04/15/27)		227		227,531
El Paso Electric Co.
5.00%, 12/01/44 (Call 06/01/44)^(a)		105		90,270
6.00%, 05/15/35		65		64,246
Enel Americas SA, 4.00%, 10/25/26 (Call 07/25/26)^(a)		1,005		951,011
Entergy Louisiana LLC
2.90%, 03/15/51 (Call 09/15/50)		520		325,447
4.20%, 09/01/48 (Call 03/01/48)		250		200,447
4.20%, 04/01/50 (Call 10/01/49)		318		254,664
4.95%, 01/15/45 (Call 01/15/25)		510		448,871
Eversource Energy
2.55%, 03/15/31 (Call 12/15/30)		335		274,995
3.45%, 01/15/50 (Call 07/15/49)		576		403,332
5.13%, 05/15/33		100		96,716


Security	Par (000)		Value

Electric (continued)
5.45%, 03/01/28 (Call 02/01/28)	$	135	$	135,487
Series H, 3.15%, 01/15/25 (Call 10/15/24)^(a)		1,012		980,021
Series L, 2.90%, 10/01/24 (Call 08/01/24)		519		503,456
Series M, 3.30%, 01/15/28 (Call 10/15/27)		208		191,383
Series O, 4.25%, 04/01/29 (Call 01/01/29)		322		305,784
Series R, 1.65%, 08/15/30 (Call 05/15/30)		2,242		1,762,167
Exelon Corp.
3.40%, 04/15/26 (Call 01/15/26)		586		557,163
3.95%, 06/15/25 (Call 03/15/25)		680		659,879
4.05%, 04/15/30 (Call 01/15/30)		1,108		1,024,069
4.10%, 03/15/52 (Call 09/15/51)		135		103,978
4.45%, 04/15/46 (Call 10/15/45)		351		289,786
4.70%, 04/15/50 (Call 10/15/49)		384		325,782
4.95%, 06/15/35 (Call 12/15/34)		263		245,784
5.10%, 06/15/45 (Call 12/15/44)		255		232,075
5.60%, 03/15/53 (Call 09/15/52)		205		197,884
5.63%, 06/15/35		255		253,661
Exelon Generation Co. LLC, 5.75%, 10/01/41 (Call 04/01/41)		77		73,625
Florida Power & Light Co.
3.15%, 10/01/49 (Call 04/01/49)		509		355,195
3.70%, 12/01/47 (Call 06/01/47)		199		154,535
3.95%, 03/01/48 (Call 09/01/47)		316		256,165
3.99%, 03/01/49 (Call 09/01/48)		253		204,027
4.05%, 06/01/42 (Call 12/01/41)		206		173,621
4.05%, 10/01/44 (Call 04/01/44)		95		79,689
4.13%, 02/01/42 (Call 08/01/41)		264		224,321
4.13%, 06/01/48 (Call 12/01/47)		159		132,689
4.95%, 06/01/35		261		255,822
5.25%, 02/01/41 (Call 08/01/40)		115		112,580
5.63%, 04/01/34		276		287,415
5.65%, 02/01/37		142		144,563
5.69%, 03/01/40		160		163,963
5.95%, 02/01/38		201		210,459
5.96%, 04/01/39		204		214,981
Iberdrola International BV
5.81%, 03/15/25		1,173		1,175,346
6.75%, 07/15/36^(a)		991		1,079,358
ITC Holdings Corp.
3.25%, 06/30/26 (Call 03/30/26)^(a)		227		214,363
3.35%, 11/15/27 (Call 08/15/27)		244		226,622
5.30%, 07/01/43 (Call 01/01/43)		478		439,884
National Grid PLC
5.60%, 06/12/28 (Call 05/12/28)		650		651,547
5.81%, 06/12/33 (Call 03/12/33)^(a)		1,535		1,539,436
National Grid USA, 5.80%, 04/01/35		895		881,459
National Rural Utilities Cooperative Finance Corp.
2.40%, 03/15/30 (Call 12/15/29)		51		43,011
3.70%, 03/15/29 (Call 12/15/28)^(a)		40		37,144
3.90%, 11/01/28 (Call 08/01/28)^(a)		57		53,787
4.02%, 11/01/32 (Call 05/01/32)		161		145,972
4.30%, 03/15/49 (Call 09/15/48)		359		291,580
4.40%, 11/01/48 (Call 05/01/48)		200		164,754
5.05%, 09/15/28		40		39,925
5.25%, 04/20/46 (Call 04/20/26), (3-mo. LIBOR US + 3.630%)^(a)(b)		20		19,001
Series C, 8.00%, 03/01/32		258		300,792
Nevada Power Co.
5.90%, 05/01/53 (Call 11/01/52)		645		648,154
Series EE, 3.13%, 08/01/50 (Call 02/01/50)		115		72,991


Security	Par (000)		Value

Electric (continued)
NextEra Energy Capital Holdings Inc.
2.25%, 06/01/30 (Call 03/01/30)	$	3,053	$	2,511,123
2.75%, 11/01/29 (Call 08/01/29)		3,256		2,816,180
3.50%, 04/01/29 (Call 01/01/29)		1,020		931,913
3.55%, 05/01/27 (Call 02/01/27)^(a)		2,513		2,368,502
3.80%, 03/15/82 (Call 03/15/27), (5-year CMT + 2.547%)^(b)		5		4,230
4.80%, 12/01/77 (Call 12/01/27), (3-mo. LIBOR US + 2.409%)^(b)		26		23,032
NSTAR Electric Co.
1.95%, 08/15/31 (Call 05/15/31)		322		254,303
3.10%, 06/01/51 (Call 12/01/50)		338		226,886
3.20%, 05/15/27 (Call 02/15/27)^(a)		1,740		1,630,136
3.25%, 05/15/29 (Call 02/15/29)		240		219,871
3.95%, 04/01/30 (Call 01/01/30)		1,318		1,227,269
4.40%, 03/01/44 (Call 09/01/43)		416		357,419
4.55%, 06/01/52 (Call 12/01/51)		40		34,704
5.50%, 03/15/40		185		181,905
Ohio Edison Co., 6.88%, 07/15/36		70		76,197
Ohio Power Co.
4.00%, 06/01/49 (Call 12/01/48)		303		236,340
4.15%, 04/01/48 (Call 10/01/47)		170		135,871
5.00%, 06/01/33		90		87,617
Series Q, 1.63%, 01/15/31 (Call 10/15/30)		680		531,699
Series R, 2.90%, 10/01/51 (Call 04/01/51)		545		344,751
Oncor Electric Delivery Co. LLC
2.70%, 11/15/51 (Call 05/15/51)		590		363,422
3.10%, 09/15/49 (Call 03/15/49)		498		338,954
3.75%, 04/01/45 (Call 10/01/44)		368		290,326
3.80%, 09/30/47 (Call 03/30/47)^(a)		262		204,538
3.80%, 06/01/49 (Call 12/01/48)		286		221,118
4.10%, 11/15/48 (Call 05/15/48)		225		182,839
4.55%, 12/01/41 (Call 06/01/41)		115		102,674
4.95%, 09/15/52 (Call 03/15/52)		10		9,287
5.25%, 09/30/40		95		93,777
5.30%, 06/01/42 (Call 12/01/41)		20		19,729
5.75%, 03/15/29 (Call 12/15/28)		47		48,425
7.00%, 05/01/32		35		39,123
7.25%, 01/15/33		47		53,579
7.50%, 09/01/38		10		11,926
Pacific Gas and Electric Co.
3.50%, 08/01/50 (Call 02/01/50)		702		442,099
3.95%, 12/01/47 (Call 06/01/47)		120		79,852
4.20%, 06/01/41 (Call 12/01/40)		5		3,632
4.25%, 03/15/46 (Call 09/15/45)		57		38,799
4.30%, 03/15/45 (Call 09/15/44)		115		80,395
4.40%, 03/01/32 (Call 12/01/31)		155		133,581
4.45%, 04/15/42 (Call 10/15/41)		145		107,378
4.50%, 07/01/40 (Call 01/01/40)		395		304,727
4.55%, 07/01/30 (Call 01/01/30)		87		78,180
4.60%, 06/15/43 (Call 12/15/42)		167		124,878
4.75%, 02/15/44 (Call 08/15/43)^(a)		275		210,686
4.95%, 07/01/50 (Call 01/01/50)		710		549,433
5.25%, 03/01/52 (Call 09/01/51)		510		402,721
5.90%, 06/15/32 (Call 03/15/32)		599		573,495
6.15%, 01/15/33 (Call 10/15/32)		370		360,302
6.70%, 04/01/53 (Call 10/01/52)		60		58,364
6.75%, 01/15/53 (Call 07/15/52)		540		525,442
PECO Energy Co.
2.85%, 09/15/51 (Call 03/15/51)		90		56,992


Security	Par (000)		Value

Electric (continued)
3.00%, 09/15/49 (Call 03/15/49)	$	491	$	327,212
3.05%, 03/15/51 (Call 09/15/50)		55		36,521
3.15%, 10/15/25 (Call 07/15/25)		448		429,645
3.70%, 09/15/47 (Call 03/15/47)		375		287,486
3.90%, 03/01/48 (Call 09/01/47)		344		273,893
4.15%, 10/01/44 (Call 04/01/44)^(a)		283		232,691
4.90%, 06/15/33		123		120,940
5.95%, 10/01/36		51		53,283
Potomac Electric Power Co.
4.15%, 03/15/43 (Call 09/15/42)		590		491,210
6.50%, 11/15/37		137		149,586
PPL Electric Utilities Corp.
3.00%, 10/01/49 (Call 04/01/49)		175		118,484
3.95%, 06/01/47 (Call 12/01/46)		115		92,551
4.15%, 10/01/45 (Call 04/01/45)		35		28,972
4.15%, 06/15/48 (Call 12/15/47)		199		164,002
5.00%, 05/15/33 (Call 02/15/33)^(a)		285		281,973
5.25%, 05/15/53 (Call 11/15/52)		590		573,492
Public Service Co. of New Hampshire
3.60%, 07/01/49 (Call 01/01/49)		835		627,127
Series V, 2.20%, 06/15/31 (Call 03/15/31)^(a)		437		356,802
Public Service Electric & Gas Co.
2.25%, 09/15/26 (Call 06/15/26)		22		20,278
2.45%, 01/15/30 (Call 10/15/29)		202		173,221
3.00%, 05/15/25 (Call 02/15/25)^(a)		41		39,455
3.00%, 05/15/27 (Call 02/15/27)		105		98,384
3.15%, 01/01/50 (Call 07/01/49)^(a)		395		277,954
3.20%, 05/15/29 (Call 02/15/29)		100		90,862
3.20%, 08/01/49 (Call 02/01/49)		282		199,225
3.60%, 12/01/47 (Call 06/01/47)		216		164,862
3.65%, 09/01/28 (Call 06/01/28)		55		51,707
3.65%, 09/01/42 (Call 03/01/42)^(a)		250		197,285
3.70%, 05/01/28 (Call 02/01/28)		93		88,277
3.80%, 01/01/43 (Call 07/01/42)		130		105,070
3.80%, 03/01/46 (Call 09/01/45)		407		322,104
3.85%, 05/01/49 (Call 11/01/48)		263		208,049
3.95%, 05/01/42 (Call 11/01/41)		96		80,070
4.05%, 05/01/48 (Call 11/01/47)		161		132,440
5.50%, 03/01/40		115		115,583
5.80%, 05/01/37		158		161,400
Public Service Enterprise Group Inc.
1.60%, 08/15/30 (Call 05/15/30)^(a)		2,227		1,751,357
2.45%, 11/15/31 (Call 08/15/31)		1,325		1,065,446
San Diego Gas & Electric Co.
2.50%, 05/15/26 (Call 02/15/26)		1,281		1,192,316
4.15%, 05/15/48 (Call 11/15/47)		174		140,923
4.50%, 08/15/40		217		192,349
4.95%, 08/15/28 (Call 07/15/28)		200		198,336
6.00%, 06/01/39		107		109,009
Series RRR, 3.75%, 06/01/47 (Call 12/01/46)		208		157,462
Series TTT, 4.10%, 06/15/49 (Call 12/15/48)		227		179,639
Series UUU, 3.32%, 04/15/50 (Call 10/15/49)		399		273,375
Series WWW, 2.95%, 08/15/51 (Call 02/15/51)		130		84,662
Sempra Energy
3.40%, 02/01/28 (Call 11/01/27)		180		166,556
3.80%, 02/01/38 (Call 08/01/37)		316		257,338
4.00%, 02/01/48 (Call 08/01/47)		397		303,705
4.13%, 04/01/52 (Call 01/01/27), (5-year CMT + 2.868%)^(b)		377		305,227
5.40%, 08/01/26		150		150,235


Security	Par (000)		Value

Electric (continued)
5.50%, 08/01/33 (Call 05/01/33)^(a)	$	125	$	123,971
6.00%, 10/15/39		250		249,452
Southern California Edison Co.
2.25%, 06/01/30 (Call 03/01/30)		162		134,620
2.85%, 08/01/29 (Call 05/01/29)		65		57,190
3.45%, 02/01/52 (Call 08/01/51)		510		348,468
3.65%, 02/01/50 (Call 08/01/49)		313		226,618
4.00%, 04/01/47 (Call 10/01/46)		322		249,244
4.05%, 03/15/42 (Call 09/15/41)		181		143,144
4.50%, 09/01/40 (Call 03/01/40)		193		164,930
4.65%, 10/01/43 (Call 04/01/43)		217		186,216
4.90%, 06/01/26 (Call 05/01/26)		65		64,619
5.50%, 03/15/40		131		126,457
5.63%, 02/01/36		162		159,504
5.70%, 03/01/53 (Call 09/01/52)		55		53,356
5.88%, 12/01/53 (Call 06/01/53)		90		89,572
6.00%, 01/15/34		325		336,212
6.05%, 03/15/39		54		54,496
6.65%, 04/01/29		186		192,981
Series 04-G, 5.75%, 04/01/35		112		112,917
Series 05-E, 5.35%, 07/15/35^(a)		109		107,958
Series 06-E, 5.55%, 01/15/37		15		14,579
Series 08-A, 5.95%, 02/01/38		60		61,041
Series 13-A, 3.90%, 03/15/43 (Call 09/15/42)		208		159,274
Series 20A, 2.95%, 02/01/51 (Call 08/01/50)		20		12,694
Series A, 4.20%, 03/01/29 (Call 12/01/28)		59		55,978
Series B, 3.65%, 03/01/28 (Call 12/01/27)		72		67,321
Series B, 4.88%, 03/01/49 (Call 09/01/48)^(a)		121		104,678
Series C, 3.60%, 02/01/45 (Call 08/01/44)		158		114,103
Series C, 4.13%, 03/01/48 (Call 09/01/47)		319		251,509
Series E, 3.70%, 08/01/25 (Call 06/01/25)		20		19,330
Southern California Gas Co., 5.20%, 06/01/33		140		137,438
Toledo Edison Co. (The), 6.15%, 05/15/37		210		216,724

				86,912,206

Electrical Components & Equipment — 0.0%
Acuity Brands Lighting Inc., 2.15%, 12/15/30 (Call 09/15/30)		469		375,509
Emerson Electric Co.
2.80%, 12/21/51 (Call 06/21/51)		145		93,753
5.25%, 11/15/39		15		14,983

				484,245

Electronics — 0.9%
Agilent Technologies Inc.
2.30%, 03/12/31 (Call 12/12/30)^(a)		70		57,273
2.75%, 09/15/29 (Call 06/15/29)		683		596,806
3.05%, 09/22/26 (Call 06/22/26)^(a)		481		449,519
Allegion PLC, 3.50%, 10/01/29 (Call 07/01/29)		500		445,975
Allegion U.S. Holding Co. Inc.
3.20%, 10/01/24 (Call 08/01/24)		106		102,674
3.55%, 10/01/27 (Call 07/01/27)		472		437,039
5.41%, 07/01/32 (Call 04/01/32)		358		348,585
Amphenol Corp.
2.80%, 02/15/30 (Call 11/15/29)		41		35,712
4.35%, 06/01/29 (Call 03/01/29)		4		3,850
Avnet Inc.
3.00%, 05/15/31 (Call 02/15/31)		370		295,208
5.50%, 06/01/32 (Call 03/01/32)		40		37,883
Flex Ltd.
4.75%, 06/15/25 (Call 03/15/25)		136		133,287


Security	Par (000)		Value

Electronics (continued)
4.88%, 06/15/29 (Call 03/15/29)^(a)	$	428	$	408,796
4.88%, 05/12/30 (Call 02/12/30)		614		587,739
Fortive Corp.
3.15%, 06/15/26 (Call 03/15/26)		150		141,009
4.30%, 06/15/46 (Call 12/15/45)		82		64,808
Honeywell International Inc.
2.50%, 11/01/26 (Call 08/01/26)		1,875		1,749,750
2.70%, 08/15/29 (Call 05/15/29)		308		274,129
3.81%, 11/21/47 (Call 05/21/47)		222		180,411
4.25%, 01/15/29 (Call 12/15/28)		100		97,126
5.38%, 03/01/41		115		116,051
5.70%, 03/15/36		153		160,333
5.70%, 03/15/37		228		237,973
Hubbell Inc.
3.15%, 08/15/27 (Call 05/15/27)		28		25,973
3.35%, 03/01/26 (Call 12/01/25)		85		81,020
3.50%, 02/15/28 (Call 11/15/27)^(a)		42		39,413
Keysight Technologies Inc.
3.00%, 10/30/29 (Call 07/30/29)		187		163,763
4.55%, 10/30/24 (Call 07/30/24)		404		397,536
4.60%, 04/06/27 (Call 01/06/27)		667		652,213
Legrand France SA, 8.50%, 02/15/25		295		307,260
Trimble Inc.
4.75%, 12/01/24 (Call 09/01/24)		576		566,905
4.90%, 06/15/28 (Call 03/15/28)		420		408,299
Tyco Electronics Group SA, 7.13%, 10/01/37		114		129,637
Vontier Corp.
2.40%, 04/01/28 (Call 02/01/28)		182		153,670
2.95%, 04/01/31 (Call 01/01/31)		204		161,629

				10,049,254

Entertainment — 0.2%
Warnermedia Holdings Inc.
5.05%, 03/15/42 (Call 09/15/41)		745		612,792
5.14%, 03/15/52		1,265		1,007,788
5.39%, 03/15/62		540		427,934

				2,048,514

Environmental Control — 0.1%
Republic Services Inc.
2.38%, 03/15/33 (Call 12/15/32)^(a)		25		19,847
3.05%, 03/01/50 (Call 09/01/49)		140		95,404
5.70%, 05/15/41 (Call 11/15/40)		80		81,854
6.20%, 03/01/40		80		84,858
Waste Connections Inc.
2.95%, 01/15/52 (Call 07/15/51)^(a)		250		163,632
3.05%, 04/01/50 (Call 10/01/49)		77		52,076
3.50%, 05/01/29 (Call 02/01/29)^(a)		71		65,476
4.25%, 12/01/28 (Call 09/01/28)		5		4,806
Waste Management Inc.
2.50%, 11/15/50 (Call 05/15/50)		310		189,494
4.10%, 03/01/45 (Call 09/01/44)^(a)		47		39,243
4.15%, 07/15/49 (Call 01/15/49)		161		135,473
4.88%, 02/15/29		105		103,943
4.88%, 02/15/34 (Call 11/15/33)		155		151,342

				1,187,448

Food — 2.2%
Ahold Finance USA LLC, 6.88%, 05/01/29		141		150,690
Campbell Soup Co.
2.38%, 04/24/30 (Call 01/24/30)^(a)		170		141,591
3.13%, 04/24/50 (Call 10/24/49)		144		94,252


Security	Par (000)		Value

Food (continued)
3.30%, 03/19/25 (Call 12/19/24)	$	1,330	$	1,282,293
3.95%, 03/15/25 (Call 01/15/25)		393		382,802
4.15%, 03/15/28 (Call 12/15/27)		679		646,490
4.80%, 03/15/48 (Call 09/15/47)		244		210,911
Conagra Brands Inc.
4.60%, 11/01/25 (Call 09/01/25)		228		223,173
4.85%, 11/01/28 (Call 08/01/28)		145		141,082
5.30%, 10/01/26		150		149,402
5.30%, 11/01/38 (Call 05/01/38)		256		236,308
5.40%, 11/01/48 (Call 05/01/48)		358		324,602
7.00%, 10/01/28		78		83,192
8.25%, 09/15/30		194		221,422
Flowers Foods Inc., 3.50%, 10/01/26 (Call 07/01/26)		5		4,697
General Mills Inc.
2.25%, 10/14/31 (Call 07/14/31)		808		651,935
2.88%, 04/15/30 (Call 01/15/30)		1,070		933,586
3.00%, 02/01/51 (Call 08/01/50)		263		176,539
3.20%, 02/10/27 (Call 11/10/26)		682		641,012
4.00%, 04/17/25 (Call 02/17/25)		696		678,259
4.20%, 04/17/28 (Call 01/17/28)		1,027		985,478
5.40%, 06/15/40		87		84,659
Hershey Co. (The)
2.45%, 11/15/29 (Call 08/15/29)		48		41,985
3.13%, 11/15/49 (Call 05/15/49)^(a)		17		12,078
3.38%, 08/15/46 (Call 02/15/46)		35		25,783
Hormel Foods Corp., 3.05%, 06/03/51 (Call 12/03/50)		335		230,158
Ingredion Inc.
2.90%, 06/01/30 (Call 03/01/30)		954		817,206
3.20%, 10/01/26 (Call 07/01/26)		60		56,615
3.90%, 06/01/50 (Call 12/01/49)^(a)		253		180,470
JM Smucker Co. (The)
2.38%, 03/15/30 (Call 12/15/29)		46		38,759
3.38%, 12/15/27 (Call 09/15/27)		69		64,458
3.50%, 03/15/25		490		474,830
3.55%, 03/15/50 (Call 09/15/49)		121		84,793
4.25%, 03/15/35		216		193,314
4.38%, 03/15/45		87		71,790
Kellogg Co.
2.10%, 06/01/30 (Call 03/01/30)		1,477		1,209,161
3.25%, 04/01/26		2,006		1,908,829
3.40%, 11/15/27 (Call 08/15/27)		1,289		1,197,984
4.30%, 05/15/28 (Call 02/15/28)		1,074		1,032,544
Series B, 7.45%, 04/01/31		231		260,420
Koninklijke Ahold Delhaize NV, 5.70%, 10/01/40		193		190,460
Kraft Heinz Foods Co.
4.38%, 06/01/46 (Call 12/01/45)		385		318,437
4.88%, 10/01/49 (Call 04/01/49)		432		381,866
5.00%, 06/04/42		116		105,576
5.20%, 07/15/45 (Call 01/15/45)		445		409,213
5.50%, 06/01/50 (Call 12/01/49)		390		376,295
6.50%, 02/09/40		179		189,237
6.88%, 01/26/39		240		262,867
Kroger Co. (The)
2.20%, 05/01/30 (Call 02/01/30)		47		38,590
2.65%, 10/15/26 (Call 07/15/26)		163		150,746
3.50%, 02/01/26 (Call 11/01/25)		364		347,646
3.70%, 08/01/27 (Call 05/01/27)		89		84,509
3.88%, 10/15/46 (Call 04/15/46)		172		128,603
3.95%, 01/15/50 (Call 07/15/49)		213		164,553
4.45%, 02/01/47 (Call 08/01/46)		283		235,606


Security	Par (000)		Value

Food (continued)
4.50%, 01/15/29 (Call 10/15/28)	$	75	$	72,490
4.65%, 01/15/48 (Call 07/15/47)		118		100,509
5.00%, 04/15/42 (Call 10/15/41)		69		61,220
5.15%, 08/01/43 (Call 02/01/43)		131		117,909
5.40%, 07/15/40 (Call 01/15/40)		120		112,717
5.40%, 01/15/49 (Call 07/15/48)^(a)		95		90,546
6.90%, 04/15/38		136		148,830
7.50%, 04/01/31		181		203,301
McCormick & Co. Inc./MD
1.85%, 02/15/31 (Call 11/15/30)		295		232,186
2.50%, 04/15/30 (Call 01/15/30)		426		359,190
3.40%, 08/15/27 (Call 05/15/27)		442		413,964
4.20%, 08/15/47 (Call 02/15/47)^(a)		228		182,977
Mondelez International Inc.
2.63%, 09/04/50 (Call 03/04/50)		143		89,316
2.75%, 04/13/30 (Call 01/13/30)		148		127,820
4.13%, 05/07/28 (Call 02/07/28)		25		24,188
Sysco Corp.
2.40%, 02/15/30 (Call 11/15/29)		114		96,281
3.25%, 07/15/27 (Call 04/15/27)		45		41,947
3.30%, 07/15/26 (Call 04/15/26)		105		99,627
3.30%, 02/15/50 (Call 08/15/49)		170		116,664
4.45%, 03/15/48 (Call 09/15/47)		104		85,899
4.50%, 04/01/46 (Call 10/01/45)		92		76,544
4.85%, 10/01/45 (Call 04/01/45)		118		101,309
5.38%, 09/21/35		30		29,663
5.95%, 04/01/30 (Call 01/01/30)		312		322,820
6.60%, 04/01/40 (Call 10/01/39)		37		39,200
6.60%, 04/01/50 (Call 10/01/49)		360		395,435
Tyson Foods Inc.
3.55%, 06/02/27 (Call 03/02/27)		128		120,270
4.35%, 03/01/29 (Call 12/01/28)		59		55,824
4.55%, 06/02/47 (Call 12/02/46)		113		90,247
4.88%, 08/15/34 (Call 02/15/34)		52		49,372
5.10%, 09/28/48 (Call 03/28/48)		212		183,709
5.15%, 08/15/44 (Call 02/15/44)^(a)		75		66,775

				24,038,505

Forest Products & Paper — 0.2%
Celulosa Arauco y Constitucion SA, 5.50%, 11/02/47 (Call 05/02/47)		200		167,446
International Paper Co.
4.35%, 08/15/48 (Call 02/15/48)^(a)		138		113,469
4.40%, 08/15/47 (Call 02/15/47)		254		206,819
4.80%, 06/15/44 (Call 12/15/43)		150		129,052
5.00%, 09/15/35 (Call 03/15/35)		290		279,319
5.15%, 05/15/46 (Call 11/15/45)^(a)		10		8,982
6.00%, 11/15/41 (Call 05/15/41)		284		287,632
7.30%, 11/15/39^(a)		25		28,111
Suzano Austria GmbH
3.13%, 01/15/32 (Call 10/15/31)		277		218,728
3.75%, 01/15/31 (Call 10/15/30)		205		173,742
5.00%, 01/15/30 (Call 10/15/29)		542		503,605
6.00%, 01/15/29 (Call 10/15/28)		322		319,730

				2,436,635

Gas — 0.5%
Atmos Energy Corp.
2.63%, 09/15/29 (Call 06/15/29)		40		35,171
2.85%, 02/15/52 (Call 08/15/51)^(a)		135		87,186
3.00%, 06/15/27 (Call 03/15/27)		40		37,493


Security	Par (000)		Value

Gas (continued)
3.38%, 09/15/49 (Call 03/15/49)	$	308	$	219,743
4.13%, 10/15/44 (Call 04/15/44)		174		142,941
4.13%, 03/15/49 (Call 09/15/48)		137		111,419
4.15%, 01/15/43 (Call 07/15/42)		16		13,418
4.30%, 10/01/48 (Call 04/01/48)		50		42,238
5.50%, 06/15/41 (Call 12/15/40)^(a)		43		42,230
National Fuel Gas Co.
2.95%, 03/01/31 (Call 12/01/30)		35		28,186
3.95%, 09/15/27 (Call 06/15/27)		420		388,395
4.75%, 09/01/28 (Call 06/01/28)^(a)		77		72,925
5.20%, 07/15/25 (Call 04/15/25)		82		80,616
5.50%, 10/01/26		80		79,288
ONE Gas Inc.
2.00%, 05/15/30 (Call 02/15/30)		280		229,354
4.25%, 09/01/32 (Call 06/01/32)^(a)		60		55,885
4.50%, 11/01/48 (Call 05/01/48)		225		185,481
4.66%, 02/01/44 (Call 08/01/43)		169		145,918
Piedmont Natural Gas Co. Inc.
2.50%, 03/15/31 (Call 12/15/30)		585		473,944
3.35%, 06/01/50 (Call 12/01/49)^(a)		220		144,177
5.05%, 05/15/52 (Call 11/15/51)		237		208,847
5.40%, 06/15/33^(a)		100		98,521
Southern California Gas Co.
3.20%, 06/15/25 (Call 03/15/25)^(a)		259		249,290
5.13%, 11/15/40		70		65,885
5.75%, 06/01/53 (Call 12/01/52)		115		113,783
Series TT, 2.60%, 06/15/26 (Call 03/15/26)		724		675,789
Series UU, 4.13%, 06/01/48 (Call 12/01/47)		193		149,851
Series VV, 4.30%, 01/15/49 (Call 07/15/48)		221		179,781
Series WW, 3.95%, 02/15/50 (Call 08/15/49)		220		166,916
Series XX, 2.55%, 02/01/30 (Call 11/01/29)		72		61,260
Southwest Gas Corp.
3.18%, 08/15/51 (Call 02/15/51)^(a)		80		49,345
3.70%, 04/01/28 (Call 01/01/28)^(a)		35		32,516
3.80%, 09/29/46 (Call 03/29/46)		184		130,198
4.15%, 06/01/49 (Call 12/01/48)		186		139,355
Washington Gas Light Co.
3.65%, 09/15/49 (Call 03/15/49)^(a)		390		278,651
Series K, 3.80%, 09/15/46 (Call 03/15/46)		90		66,396

				5,282,392

Hand & Machine Tools — 0.1%
Regal Rexnord Corp.
6.30%, 02/15/30 (Call 12/15/29)^(c)		110		109,374
6.40%, 04/15/33 (Call 01/15/33)^(c)		305		301,609
Snap-on Inc.
3.10%, 05/01/50 (Call 11/01/49)^(a)		10		7,061
3.25%, 03/01/27 (Call 12/01/26)		30		28,339
4.10%, 03/01/48 (Call 09/01/47)		15		12,610
Stanley Black & Decker Inc.
2.30%, 03/15/30 (Call 12/15/29)^(a)		214		177,269
4.00%, 03/15/60 (Call 03/15/25), (5-year CMT + 2.657%)^(b)		272		214,510
4.25%, 11/15/28 (Call 08/15/28)		136		129,223
4.85%, 11/15/48 (Call 05/15/48)^(a)		15		12,740
5.20%, 09/01/40		43		39,221

				1,031,956

Health Care - Products — 1.0%
Abbott Laboratories
4.75%, 11/30/36 (Call 05/30/36)		485		481,071


Security	Par (000)		Value

Health Care - Products (continued)
4.75%, 04/15/43 (Call 10/15/42)	$	115	$	110,130
4.90%, 11/30/46 (Call 05/30/46)		796		775,328
5.30%, 05/27/40		63		64,655
6.00%, 04/01/39		173		190,795
6.15%, 11/30/37		151		167,423
Baxter International Inc.
2.54%, 02/01/32 (Call 11/01/31)^(a)		305		244,671
2.60%, 08/15/26 (Call 05/15/26)		180		166,199
3.13%, 12/01/51 (Call 06/01/51)^(a)		445		283,002
3.50%, 08/15/46 (Call 02/15/46)		218		146,742
Boston Scientific Corp.
4.55%, 03/01/39 (Call 09/01/38)		8		7,212
4.70%, 03/01/49 (Call 09/01/48)		256		229,309
6.50%, 11/15/35		110		119,328
7.38%, 01/15/40		113		130,735
Danaher Corp.
2.60%, 10/01/50 (Call 04/01/50)		360		229,673
2.80%, 12/10/51 (Call 06/10/51)		438		288,252
4.38%, 09/15/45 (Call 03/15/45)		132		116,469
DENTSPLY SIRONA Inc., 3.25%, 06/01/30 (Call 03/01/30)		534		458,033
DH Europe Finance II Sarl
2.60%, 11/15/29 (Call 08/15/29)		21		18,491
3.25%, 11/15/39 (Call 05/15/39)		263		208,919
3.40%, 11/15/49 (Call 05/15/49)^(a)		423		315,617
Edwards Lifesciences Corp., 4.30%, 06/15/28 (Call 03/15/28)		1,754		1,688,892
GE HealthCare Technologies Inc., 6.38%, 11/22/52		150		161,163
HCA Inc., 3.63%, 03/15/32		514		442,138
Medtronic Inc., 4.63%, 03/15/45		402		376,766
Revvity Inc.
2.25%, 09/15/31 (Call 06/15/31)^(a)		195		153,748
3.30%, 09/15/29 (Call 06/15/29)		61		54,225
3.63%, 03/15/51 (Call 09/15/50)^(a)		135		93,130
Smith & Nephew PLC, 2.03%, 10/14/30 (Call 07/14/30)		320		253,165
STERIS Irish FinCo UnLtd Co.
2.70%, 03/15/31 (Call 12/15/30)		886		731,898
3.75%, 03/15/51 (Call 09/15/50)^(a)		365		266,782
Stryker Corp.
2.90%, 06/15/50 (Call 12/15/49)		78		51,885
4.10%, 04/01/43 (Call 10/01/42)		112		92,513
4.38%, 05/15/44 (Call 11/15/43)		152		130,390
4.63%, 03/15/46 (Call 09/15/45)		261		234,561
Thermo Fisher Scientific Inc.
4.10%, 08/15/47 (Call 02/15/47)		267		229,185
4.95%, 08/10/26 (Call 07/10/26)		100		99,604
4.98%, 08/10/30 (Call 06/10/30)		65		64,808
5.09%, 08/10/33 (Call 05/10/33)		80		80,380
5.30%, 02/01/44 (Call 08/01/43)		116		115,678
5.40%, 08/10/43		90		90,962
Zimmer Biomet Holdings Inc.
2.60%, 11/24/31 (Call 08/24/31)		650		529,594
4.45%, 08/15/45 (Call 02/15/45)		125		103,753
5.75%, 11/30/39		100		96,263

				10,893,537

Health Care - Services — 2.4%
Aetna Inc.
3.88%, 08/15/47 (Call 02/15/47)		352		263,511
4.13%, 11/15/42 (Call 05/15/42)		96		76,185
4.50%, 05/15/42 (Call 11/15/41)		209		174,421


Security	Par (000)		Value

Health Care - Services (continued)
4.75%, 03/15/44 (Call 09/15/43)	$	154	$	132,397
6.63%, 06/15/36		176		188,825
6.75%, 12/15/37		167		181,940
Anthem Inc.
4.10%, 05/15/32 (Call 02/15/32)		380		350,014
4.55%, 05/15/52 (Call 11/15/51)		100		86,116
Centene Corp.
2.45%, 07/15/28 (Call 05/15/28)		110		94,095
2.50%, 03/01/31 (Call 12/01/30)		550		438,542
2.63%, 08/01/31 (Call 05/01/31)		607		482,522
3.00%, 10/15/30 (Call 07/15/30)		495		411,979
3.38%, 02/15/30 (Call 02/15/25)		360		307,879
4.63%, 12/15/29 (Call 12/15/24)		380		349,410
Elevance Health Inc.
2.55%, 03/15/31 (Call 12/15/30)		20		16,730
2.88%, 09/15/29 (Call 06/15/29)		38		33,519
3.13%, 05/15/50 (Call 11/15/49)		165		111,317
3.60%, 03/15/51 (Call 09/15/50)		195		142,941
3.65%, 12/01/27 (Call 09/01/27)		217		204,518
3.70%, 09/15/49 (Call 03/15/49)		245		182,594
4.10%, 03/01/28 (Call 12/01/27)		204		195,371
4.38%, 12/01/47 (Call 06/01/47)		306		258,111
4.55%, 03/01/48 (Call 09/01/47)		212		182,409
4.63%, 05/15/42		248		220,192
4.65%, 01/15/43		276		245,231
4.65%, 08/15/44 (Call 02/15/44)		263		229,410
4.75%, 02/15/33 (Call 11/15/32)		180		174,206
5.10%, 01/15/44		214		197,150
5.13%, 02/15/53 (Call 08/15/52)		120		112,357
5.50%, 10/15/32 (Call 07/15/32)		360		366,721
5.85%, 01/15/36		194		195,752
5.95%, 12/15/34		180		184,235
6.10%, 10/15/52 (Call 04/15/52)		60		63,586
6.38%, 06/15/37		205		216,677
HCA Inc.
2.38%, 07/15/31 (Call 04/15/31)		95		75,084
3.50%, 09/01/30 (Call 03/01/30)		537		469,010
3.50%, 07/15/51 (Call 01/15/51)		414		275,753
4.13%, 06/15/29 (Call 03/15/29)		786		725,706
4.50%, 02/15/27 (Call 08/15/26)		682		659,126
4.63%, 03/15/52 (Call 09/15/51)		366		293,558
5.13%, 06/15/39 (Call 12/15/38)		262		237,181
5.20%, 06/01/28		35		34,473
5.25%, 04/15/25		212		210,194
5.25%, 06/15/26 (Call 12/15/25)		610		602,491
5.25%, 06/15/49 (Call 12/15/48)		571		498,255
5.50%, 06/01/33 (Call 03/01/33)		185		182,001
5.50%, 06/15/47 (Call 12/15/46)		434		394,415
5.88%, 02/01/29 (Call 08/01/28)		250		251,515
5.90%, 06/01/53 (Call 12/01/52)		85		81,482
Humana Inc.
3.13%, 08/15/29 (Call 05/15/29)		47		41,784
3.85%, 10/01/24 (Call 07/01/24)		26		25,461
3.95%, 03/15/27 (Call 12/15/26)		187		179,541
3.95%, 08/15/49 (Call 02/15/49)		166		128,673
4.50%, 04/01/25 (Call 03/01/25)		2		1,970
4.63%, 12/01/42 (Call 06/01/42)		284		244,936
4.80%, 03/15/47 (Call 09/15/46)^(a)		252		222,665
4.88%, 04/01/30 (Call 01/01/30)		74		71,733
4.95%, 10/01/44 (Call 04/01/44)		271		240,938


Security	Par (000)		Value

Health Care - Services (continued)
5.88%, 03/01/33 (Call 12/01/32)	$	155	$	160,323
Laboratory Corp. of America Holdings
2.70%, 06/01/31 (Call 03/01/31)		420		350,423
2.95%, 12/01/29 (Call 09/01/29)		90		79,008
3.60%, 02/01/25 (Call 11/01/24)		335		324,910
3.60%, 09/01/27 (Call 06/01/27)		78		73,926
4.70%, 02/01/45 (Call 08/01/44)		496		424,635
Providence St Joseph Health Obligated Group
Series 21A, 2.70%, 10/01/51 (Call 04/01/51)		210		122,657
Series A, 3.93%, 10/01/48 (Call 04/01/48)^(a)		160		119,112
Quest Diagnostics Inc.
2.80%, 06/30/31 (Call 03/30/31)		718		609,244
2.95%, 06/30/30 (Call 03/30/30)		868		752,113
3.45%, 06/01/26 (Call 03/01/26)		684		652,967
3.50%, 03/30/25 (Call 12/30/24)		402		388,879
4.20%, 06/30/29 (Call 03/30/29)		429		410,574
4.70%, 03/30/45 (Call 09/30/44)		231		200,776
UnitedHealth Group Inc.
2.00%, 05/15/30		10		8,343
2.30%, 05/15/31 (Call 02/15/31)		100		83,486
2.88%, 08/15/29		131		117,621
2.90%, 05/15/50 (Call 11/15/49)		163		108,328
3.13%, 05/15/60 (Call 11/15/59)		230		151,294
3.25%, 05/15/51 (Call 11/15/50)		275		195,019
3.50%, 08/15/39 (Call 02/15/39)		79		64,551
3.70%, 08/15/49 (Call 02/15/49)		354		273,950
3.75%, 10/15/47 (Call 04/15/47)		290		228,529
3.85%, 06/15/28		20		19,141
3.88%, 12/15/28		130		124,159
3.88%, 08/15/59 (Call 02/15/59)		268		206,387
3.95%, 10/15/42 (Call 04/15/42)		215		179,417
4.00%, 05/15/29 (Call 03/15/29)		210		200,476
4.20%, 05/15/32 (Call 02/15/32)		600		566,598
4.20%, 01/15/47 (Call 07/15/46)		276		233,631
4.25%, 01/15/29 (Call 12/15/28)		410		397,380
4.25%, 03/15/43 (Call 09/15/42)		182		158,799
4.25%, 04/15/47 (Call 10/15/46)		164		139,282
4.25%, 06/15/48 (Call 12/15/47)		305		258,207
4.38%, 03/15/42 (Call 09/15/41)		140		124,135
4.45%, 12/15/48 (Call 06/15/48)		319		279,476
4.50%, 04/15/33 (Call 01/15/33)		335		322,608
4.63%, 07/15/35		343		331,523
4.63%, 11/15/41 (Call 05/15/41)		95		87,048
4.75%, 07/15/45		545		506,632
4.75%, 05/15/52 (Call 11/15/51)		315		286,924
4.95%, 05/15/62 (Call 11/15/61)		240		220,692
5.20%, 04/15/63 (Call 10/15/62)		110		105,247
5.35%, 02/15/33 (Call 11/15/32)		835		856,543
5.70%, 10/15/40 (Call 04/15/40)		78		80,670
5.80%, 03/15/36		189		200,075
5.88%, 02/15/53 (Call 08/15/52)		295		315,113
5.95%, 02/15/41 (Call 08/15/40)		75		78,746
6.05%, 02/15/63 (Call 08/15/62)		300		326,331
6.50%, 06/15/37		126		141,203
6.63%, 11/15/37		209		236,580
6.88%, 02/15/38		253		293,847

				26,396,346

Holding Companies - Diversified — 0.1%
Morgan Stanley Direct Lending Fund, 4.50%, 02/11/27 (Call 01/11/27)		997		931,088


Security	Par (000)		Value

Home Builders — 0.1%
MDC Holdings Inc.
2.50%, 01/15/31 (Call 07/15/30)	$	80	$	62,019
3.85%, 01/15/30 (Call 07/15/29)		49		42,582
3.97%, 08/06/61 (Call 02/06/61)		97		56,535
6.00%, 01/15/43 (Call 10/15/42)		92		80,479
PulteGroup Inc.
6.00%, 02/15/35^(a)		127		127,648
6.38%, 05/15/33^(a)		135		140,478
7.88%, 06/15/32		57		65,175
Toll Brothers Finance Corp., 4.35%, 02/15/28 (Call 11/15/27)		332		311,519

				886,435

Home Furnishings — 0.1%
Leggett & Platt Inc.
3.50%, 11/15/27 (Call 08/15/27)		160		147,506
3.50%, 11/15/51 (Call 05/15/51)		167		114,871
3.80%, 11/15/24 (Call 08/15/24)		14		13,641
4.40%, 03/15/29 (Call 12/15/28)^(a)		180		170,109
Whirlpool Corp.
4.50%, 06/01/46 (Call 12/01/45)^(a)		112		90,590
4.60%, 05/15/50 (Call 11/15/49)^(a)		130		106,435
4.75%, 02/26/29 (Call 11/26/28)^(a)		11		10,701

				653,853

Household Products & Wares — 0.5%
Avery Dennison Corp.
2.25%, 02/15/32 (Call 11/15/31)		135		104,463
2.65%, 04/30/30 (Call 02/01/30)		108		89,988
4.88%, 12/06/28 (Call 09/06/28)		232		226,778
5.75%, 03/15/33 (Call 12/15/32)^(a)		325		327,974
Church & Dwight Co. Inc.
3.15%, 08/01/27 (Call 05/01/27)		43		40,453
3.95%, 08/01/47 (Call 02/01/47)		40		32,445
5.00%, 06/15/52 (Call 12/15/51)		90		85,061
5.60%, 11/15/32 (Call 08/15/32)		25		25,857
Clorox Co. (The)
1.80%, 05/15/30 (Call 02/15/30)		903		733,588
3.10%, 10/01/27 (Call 07/01/27)		221		204,339
3.90%, 05/15/28 (Call 02/15/28)		287		272,469
Kimberly-Clark Corp.
2.75%, 02/15/26		482		459,278
2.88%, 02/07/50 (Call 08/07/49)^(a)		169		116,919
3.05%, 08/15/25		1,120		1,077,115
3.10%, 03/26/30 (Call 12/26/29)		151		136,225
3.20%, 04/25/29 (Call 01/25/29)^(a)		849		786,981
3.90%, 05/04/47 (Call 11/04/46)		175		144,263
3.95%, 11/01/28 (Call 08/01/28)		386		373,926
5.30%, 03/01/41		93		94,160
6.63%, 08/01/37		429		493,007

				5,825,289

Insurance — 2.4%
ACE Capital Trust II, Series N, 9.70%, 04/01/30^(a)		15		17,833
Aegon NV, 5.50%, 04/11/48 (Call 04/11/28),
(6-mo. LIBOR US + 3.540%)^(b)		345		324,421
Aflac Inc.
3.60%, 04/01/30 (Call 01/01/30)		61		55,536
4.00%, 10/15/46 (Call 04/15/46)		10		7,735
4.75%, 01/15/49 (Call 07/15/48)		42		37,411
Alleghany Corp., 4.90%, 09/15/44 (Call 03/15/44)		9		8,286


Security	Par (000)		Value

Insurance (continued)
Allstate Corp. (The)
3.28%, 12/15/26 (Call 09/15/26)	$	56	$	52,924
5.35%, 06/01/33^(a)		88		86,989
5.55%, 05/09/35		56		55,733
6.50%, 05/15/67 (Call 05/15/37), (3-mo. LIBOR US + 2.120%)^(b)		156		149,169
American Financial Group Inc./OH
4.50%, 06/15/47 (Call 12/15/46)		74		58,540
5.25%, 04/02/30 (Call 01/02/30)^(a)		23		22,522
American International Group Inc.
3.88%, 01/15/35 (Call 07/15/34)		155		133,914
4.20%, 04/01/28 (Call 01/01/28)		44		42,044
4.38%, 06/30/50 (Call 12/30/49)		110		91,016
4.50%, 07/16/44 (Call 01/16/44)		255		216,329
4.75%, 04/01/48 (Call 10/01/47)		71		62,463
4.80%, 07/10/45 (Call 01/10/45)		206		181,842
5.13%, 03/27/33 (Call 12/27/32)		165		159,251
6.25%, 05/01/36		55		56,554
Series A-9, 5.75%, 04/01/48 (Call 04/01/28), (3-mo. LIBOR US + 2.868%)^(b)		71		67,339
Aon Corp.
2.80%, 05/15/30 (Call 02/15/30)		20		17,163
3.75%, 05/02/29 (Call 02/02/29)		55		51,169
4.50%, 12/15/28 (Call 09/15/28)		49		47,421
6.25%, 09/30/40		23		23,945
Aon Global Ltd.
2.60%, 12/02/31 (Call 09/02/31)		15		12,307
4.75%, 05/15/45 (Call 11/15/44)		12		10,459
5.00%, 09/12/32 (Call 06/12/32)		450		439,007
5.35%, 02/28/33 (Call 11/28/32)		65		64,839
Arch Capital Finance LLC, 5.03%, 12/15/46 (Call 06/15/46)		154		135,078
Arch Capital Group Ltd.
3.64%, 06/30/50 (Call 12/30/49)		162		116,799
7.35%, 05/01/34		34		37,933
Arch Capital Group U.S. Inc., 5.14%, 11/01/43		32		28,406
Arthur J Gallagher & Co.
2.40%, 11/09/31 (Call 08/09/31)		5		3,965
3.05%, 03/09/52 (Call 09/09/51)		85		53,344
3.50%, 05/20/51 (Call 11/20/50)		87		60,094
5.50%, 03/02/33 (Call 12/02/32)		100		99,267
Assurant Inc.
2.65%, 01/15/32 (Call 10/15/31)		185		140,047
3.70%, 02/22/30 (Call 11/22/29)		134		115,756
4.90%, 03/27/28 (Call 12/27/27)		20		19,329
Athene Holding Ltd.
3.45%, 05/15/52 (Call 11/15/51)		84		53,186
3.95%, 05/25/51 (Call 11/25/50)		21		14,568
4.13%, 01/12/28 (Call 10/12/27)		71		66,318
6.15%, 04/03/30 (Call 01/03/30)		127		128,242
6.65%, 02/01/33 (Call 11/01/32)		5		5,136
AXA SA, 8.60%, 12/15/30^(a)		885		1,068,947
AXIS Specialty Finance LLC
3.90%, 07/15/29 (Call 04/15/29)		27		24,498
4.90%, 01/15/40 (Call 01/15/30), (5-year CMT + 3.186%)^(a)(b)		85		67,955
AXIS Specialty Finance PLC, 4.00%, 12/06/27 (Call 09/06/27)		172		161,288
Berkshire Hathaway Finance Corp.
1.45%, 10/15/30 (Call 07/15/30)^(a)		15		12,047


Security	Par (000)		Value

Insurance (continued)
2.88%, 03/15/32 (Call 12/15/31)^(a)	$	15	$	13,104
3.85%, 03/15/52 (Call 09/15/51)		220		174,748
4.20%, 08/15/48 (Call 02/15/48)		426		370,709
4.25%, 01/15/49 (Call 07/15/48)		440		387,266
5.75%, 01/15/40^(a)		262		283,481
Brighthouse Financial Inc.
3.85%, 12/22/51 (Call 06/22/51)		5		3,136
4.70%, 06/22/47 (Call 12/22/46)		198		147,152
Brown & Brown Inc.
4.20%, 03/17/32 (Call 12/17/31)		145		129,840
4.50%, 03/15/29 (Call 12/15/28)		15		14,113
4.95%, 03/17/52 (Call 09/17/51)		15		12,654
Chubb Corp. (The)
6.00%, 05/11/37		100		106,383
Series 1, 6.50%, 05/15/38		85		94,675
Chubb INA Holdings Inc.
2.85%, 12/15/51 (Call 06/15/51)		65		43,300
3.05%, 12/15/61 (Call 06/15/61)		85		55,072
3.35%, 05/03/26 (Call 02/03/26)		245		234,710
4.15%, 03/13/43		45		38,465
4.35%, 11/03/45 (Call 05/03/45)		470		410,653
6.70%, 05/15/36		10		11,195
Cincinnati Financial Corp.
6.13%, 11/01/34		55		56,593
6.92%, 05/15/28^(a)		56		59,731
CNO Financial Group Inc., 5.25%, 05/30/29 (Call 02/28/29)		342		326,210
Enstar Finance LLC, 5.50%, 01/15/42 (Call 01/15/27), (5-year CMT + 4.006%)^(b)		10		7,918
Enstar Group Ltd.
3.10%, 09/01/31 (Call 03/01/31)		15		11,682
4.95%, 06/01/29 (Call 03/01/29)		52		48,668
Equitable Holdings Inc.
4.35%, 04/20/28 (Call 01/20/28)		372		352,068
5.00%, 04/20/48 (Call 10/20/47)		247		208,026
7.00%, 04/01/28		304		320,501
Everest Reinsurance Holdings Inc.
3.13%, 10/15/52 (Call 04/15/52)		207		131,958
3.50%, 10/15/50 (Call 04/15/50)		25		17,123
4.87%, 06/01/44		25		21,797
Fairfax Financial Holdings Ltd., 5.63%, 08/16/32		105		101,258
First American Financial Corp.
4.00%, 05/15/30 (Call 02/15/30)		159		138,282
4.60%, 11/15/24		60		58,918
Hanover Insurance Group Inc. (The), 4.50%, 04/15/26 (Call 01/15/26)		32		31,065
Hartford Financial Services Group Inc. (The)
2.80%, 08/19/29 (Call 05/19/29)^(a)		102		89,221
2.90%, 09/15/51 (Call 03/15/51)		30		19,092
3.60%, 08/19/49 (Call 02/19/49)^(a)		98		71,486
4.30%, 04/15/43		32		25,430
4.40%, 03/15/48 (Call 09/15/47)		58		48,211
5.95%, 10/15/36		90		91,583
6.10%, 10/01/41		133		134,287
Jackson Financial Inc.
3.13%, 11/23/31 (Call 08/23/31)^(a)		100		78,448
4.00%, 11/23/51 (Call 05/23/51)^(a)		75		49,930
Kemper Corp., 3.80%, 02/23/32 (Call 11/23/31)^(a)		5		4,043
Lincoln National Corp.
3.05%, 01/15/30 (Call 10/15/29)^(a)		51		42,892


Security	Par (000)		Value

Insurance (continued)
3.40%, 01/15/31 (Call 10/15/30)^(a)	$	25	$	21,085
3.63%, 12/12/26 (Call 09/15/26)^(a)		56		52,431
3.80%, 03/01/28 (Call 12/01/27)^(a)		90		82,529
4.35%, 03/01/48 (Call 09/01/47)		98		71,007
4.38%, 06/15/50 (Call 12/15/49)^(a)		88		63,151
6.30%, 10/09/37		55		54,757
7.00%, 06/15/40		48		50,393
Loews Corp., 6.00%, 02/01/35		35		36,148
Manulife Financial Corp.
4.06%, 02/24/32 (Call 02/24/27), (5-year USD ICE Swap + 1.647%)^(b)		308		288,359
4.15%, 03/04/26		310		301,255
5.38%, 03/04/46		232		223,200
Markel Group Inc.
3.35%, 09/17/29 (Call 06/17/29)		17		15,223
4.15%, 09/17/50 (Call 03/17/50)		104		78,478
5.00%, 05/20/49 (Call 11/20/48)		32		28,066
Marsh & McLennan Companies Inc.
2.25%, 11/15/30 (Call 08/15/30)^(a)		292		241,046
3.50%, 03/10/25 (Call 12/10/24)		294		285,530
3.75%, 03/14/26 (Call 12/14/25)		425		410,622
4.20%, 03/01/48 (Call 09/01/47)		219		181,220
4.35%, 01/30/47 (Call 07/30/46)		221		187,233
4.38%, 03/15/29 (Call 12/15/28)		803		777,143
4.75%, 03/15/39 (Call 09/15/38)		27		25,026
4.90%, 03/15/49 (Call 09/15/48)		323		296,604
5.88%, 08/01/33		382		400,092
MetLife Inc.
4.05%, 03/01/45		231		188,836
4.13%, 08/13/42		171		141,709
4.55%, 03/23/30 (Call 12/23/29)^(a)		64		62,207
4.60%, 05/13/46 (Call 11/13/45)		119		104,431
4.72%, 12/15/44		115		100,863
4.88%, 11/13/43		250		227,953
5.38%, 07/15/33		35		34,831
5.70%, 06/15/35		127		129,995
5.88%, 02/06/41		232		238,702
6.38%, 06/15/34		135		144,990
6.40%, 12/15/66 (Call 12/15/31)		289		287,720
6.50%, 12/15/32^(a)		60		65,047
10.75%, 08/01/69 (Call 08/01/34)		215		275,796
Munich Re America Corp., Series B, 7.45%, 12/15/26^(a)		1,341		1,430,927
Nationwide Financial Services Inc., 6.75%, 05/15/87		38		36,469
Principal Financial Group Inc.
3.10%, 11/15/26 (Call 08/15/26)		103		95,795
3.40%, 05/15/25 (Call 02/15/25)		29		27,925
3.70%, 05/15/29 (Call 02/15/29)		42		38,492
4.30%, 11/15/46 (Call 05/15/46)		77		60,428
4.35%, 05/15/43		113		90,566
4.63%, 09/15/42		137		114,680
6.05%, 10/15/36		123		126,271
Progressive Corp. (The)
2.45%, 01/15/27		59		54,381
3.20%, 03/26/30 (Call 12/26/29)		85		75,866
3.70%, 01/26/45		70		52,764
3.95%, 03/26/50 (Call 09/26/49)		96		76,806
4.00%, 03/01/29 (Call 12/01/28)^(a)		129		124,021
4.13%, 04/15/47 (Call 10/15/46)		167		138,740
4.20%, 03/15/48 (Call 09/15/47)		152		127,368
4.35%, 04/25/44		112		94,069


Security	Par (000)		Value

Insurance (continued)
4.95%, 06/15/33 (Call 03/15/33)	$	100	$	98,205
6.25%, 12/01/32		52		55,806
6.63%, 03/01/29^(a)		80		87,174
Prudential Financial Inc.
1.50%, 03/10/26 (Call 02/10/26)		300		274,482
2.10%, 03/10/30 (Call 12/10/29)^(a)		42		35,185
3.00%, 03/10/40 (Call 09/10/39)		37		27,303
3.70%, 03/13/51 (Call 09/13/50)		371		276,503
3.88%, 03/27/28 (Call 12/27/27)		110		104,881
3.91%, 12/07/47 (Call 06/07/47)		155		120,402
3.94%, 12/07/49 (Call 06/07/49)		280		215,057
4.35%, 02/25/50 (Call 08/25/49)		236		196,305
4.42%, 03/27/48 (Call 09/27/47)		62		52,012
4.50%, 09/15/47 (Call 09/15/27), (3-mo. LIBOR US + 2.380%)^(b)		152		136,563
4.60%, 05/15/44		121		106,676
5.13%, 03/01/52 (Call 11/28/31), (5-year CMT + 3.162%)^(b)		105		93,824
5.38%, 05/15/45 (Call 05/15/25), (3-mo. LIBOR US + 3.031%)^(a)(b)		263		257,222
5.70%, 12/14/36		243		247,848
5.70%, 09/15/48 (Call 09/15/28), (3-mo. LIBOR US + 2.665%)^(b)		143		135,178
5.75%, 07/15/33^(a)		126		132,571
6.00%, 09/01/52 (Call 06/01/32), (5-year CMT + 3.234%)^(b)		250		239,180
6.63%, 12/01/37		208		229,836
6.63%, 06/21/40		131		141,944
6.75%, 03/01/53 (Call 12/01/32), (5-year CMT + 2.848%)^(b)		125		123,503
Prudential Funding Asia PLC
3.13%, 04/14/30		287		252,712
3.63%, 03/24/32 (Call 12/24/31)		325		286,276
Reinsurance Group of America Inc.
3.90%, 05/15/29 (Call 02/15/29)		41		37,557
3.95%, 09/15/26 (Call 06/15/26)		45		42,851
6.00%, 09/15/33^(a)		50		50,252
RenaissanceRe Holdings Ltd.
3.60%, 04/15/29 (Call 01/15/29)		7		6,270
5.75%, 06/05/33		5		4,857
Selective Insurance Group Inc., 5.38%, 03/01/49 (Call 09/01/48)^(a)		10		8,987
Stewart Information Services Corp., 3.60%, 11/15/31 (Call 08/15/31)		250		188,440
Transatlantic Holdings Inc., 8.00%, 11/30/39		10		12,214
Travelers Companies Inc. (The)
2.55%, 04/27/50 (Call 10/27/49)^(a)		49		30,687
3.75%, 05/15/46 (Call 11/15/45)^(a)		157		121,330
4.00%, 05/30/47 (Call 11/30/46)		238		195,757
4.05%, 03/07/48 (Call 09/07/47)		197		163,226
4.10%, 03/04/49 (Call 09/04/48)		169		139,844
4.30%, 08/25/45 (Call 02/25/45)		154		130,306
4.60%, 08/01/43		185		166,269
5.35%, 11/01/40		300		299,499
6.25%, 06/15/37		223		243,409
6.75%, 06/20/36^(a)		204		231,987
Travelers Property Casualty Corp., 6.38%, 03/15/33^(a)		200		219,520
Trinity Acquisition PLC, 4.40%, 03/15/26 (Call 12/15/25)		91		87,922
Unum Group
4.00%, 06/15/29 (Call 03/15/29)		15		13,753


Security	Par (000)		Value

Insurance (continued)
4.13%, 06/15/51 (Call 12/15/50)	$	60	$	42,393
4.50%, 12/15/49 (Call 06/15/49)		60		45,169
5.75%, 08/15/42		90		82,167
W R Berkley Corp., 4.00%, 05/12/50 (Call 11/12/49)		2		1,520
Willis North America Inc.
2.95%, 09/15/29 (Call 06/15/29)		146		126,537
3.88%, 09/15/49 (Call 03/15/49)		109		76,955
4.50%, 09/15/28 (Call 06/15/28)		63		59,963
5.05%, 09/15/48 (Call 03/15/48)		101		84,805
5.35%, 05/15/33		75		72,430
XLIT Ltd., 5.25%, 12/15/43		370		350,246

				26,246,457

Internet — 0.8%
Alibaba Group Holding Ltd.
2.13%, 02/09/31 (Call 11/09/30)		230		184,336
2.70%, 02/09/41 (Call 08/09/40)		10		6,382
3.15%, 02/09/51 (Call 08/09/50)		280		169,585
3.25%, 02/09/61 (Call 08/09/60)		302		174,236
4.00%, 12/06/37 (Call 06/06/37)		234		189,886
4.20%, 12/06/47 (Call 06/06/47)		255		189,957
4.40%, 12/06/57 (Call 06/06/57)		268		197,712
4.50%, 11/28/34 (Call 05/28/34)		246		220,721
Alphabet Inc.
2.05%, 08/15/50 (Call 02/15/50)		232		138,815
2.25%, 08/15/60 (Call 02/15/60)^(a)		352		205,290
Amazon.com Inc.
2.50%, 06/03/50 (Call 12/03/49)		556		353,983
2.70%, 06/03/60 (Call 12/03/59)		1,050		646,117
3.10%, 05/12/51 (Call 11/12/50)		625		445,919
3.15%, 08/22/27 (Call 05/22/27)		135		126,955
3.25%, 05/12/61 (Call 11/12/60)		352		244,165
3.88%, 08/22/37 (Call 02/22/37)		548		494,175
3.95%, 04/13/52 (Call 10/13/51)		505		421,180
4.05%, 08/22/47 (Call 02/22/47)		621		536,265
4.10%, 04/13/62 (Call 10/13/61)^(a)		280		232,056
4.25%, 08/22/57 (Call 02/22/57)		668		577,793
4.70%, 12/01/32 (Call 09/01/32)		150		148,997
4.80%, 12/05/34 (Call 06/05/34)		280		280,977
4.95%, 12/05/44 (Call 06/05/44)		420		414,057
Baidu Inc., 2.38%, 08/23/31 (Call 05/23/31)		200		158,554
Booking Holdings Inc.
3.55%, 03/15/28 (Call 12/15/27)		118		111,342
3.60%, 06/01/26 (Call 03/01/26)		55		52,852
4.63%, 04/13/30 (Call 01/13/30)		36		35,193
eBay Inc.
1.90%, 03/11/25 (Call 02/11/25)		159		150,600
2.70%, 03/11/30 (Call 12/11/29)		110		93,761
3.60%, 06/05/27 (Call 03/05/27)		118		111,353
3.65%, 05/10/51 (Call 11/10/50)		325		231,764
4.00%, 07/15/42 (Call 01/15/42)		291		227,614
Expedia Group Inc., 3.25%, 02/15/30 (Call 11/15/29)^(a)		230		200,252
Meta Platforms Inc.
4.45%, 08/15/52 (Call 02/15/52)		250		211,915
4.65%, 08/15/62 (Call 02/15/62)		260		220,904

				8,405,663

Iron & Steel — 0.1%
ArcelorMittal SA
6.75%, 03/01/41		25		24,880
6.80%, 11/29/32 (Call 08/29/32)		137		140,936


Security	Par (000)		Value

Iron & Steel (continued)
7.00%, 10/15/39^(a)	$	69	$	71,039
Nucor Corp.
2.98%, 12/15/55 (Call 06/15/55)		390		237,541
3.95%, 05/01/28 (Call 02/01/28)		101		96,016
4.40%, 05/01/48 (Call 11/01/47)		125		103,895
5.20%, 08/01/43 (Call 02/01/43)		215		206,090
6.40%, 12/01/37		225		243,763
Steel Dynamics Inc.
2.80%, 12/15/24 (Call 11/15/24)		65		62,622
3.25%, 10/15/50 (Call 04/15/50)^(a)		121		78,173
3.45%, 04/15/30 (Call 01/15/30)		31		27,513

				1,292,468

Leisure Time — 0.1%
Brunswick Corp.
4.40%, 09/15/32 (Call 06/15/32)^(a)		67		57,513
5.10%, 04/01/52 (Call 10/01/51)^(a)		112		82,303
Harley-Davidson Inc., 3.50%, 07/28/25 (Call 04/28/25)^(a)		1,022		981,028

				1,120,844

Lodging — 0.1%
Choice Hotels International Inc.
3.70%, 12/01/29 (Call 09/01/29)^(a)		77		68,049
3.70%, 01/15/31 (Call 10/15/30)		52		44,608
Hyatt Hotels Corp., 5.75%, 04/23/30 (Call 01/23/30)^(a)		81		81,081
Marriott International Inc./MD
3.75%, 10/01/25 (Call 07/01/25)		90		86,763
Series AA, 4.65%, 12/01/28 (Call 09/01/28)		60		57,749
Series FF, 4.63%, 06/15/30 (Call 03/15/30)		252		238,656
Series GG, 3.50%, 10/15/32 (Call 07/15/32)		242		205,547
Series R, 3.13%, 06/15/26 (Call 03/15/26)		306		287,420
Series X, 4.00%, 04/15/28 (Call 01/15/28)		87		81,714
Sands China Ltd., 5.65%, 08/08/28 (Call 05/08/28)		500		471,855

				1,623,442

Machinery — 1.6%
ABB Finance USA Inc.
3.80%, 04/03/28 (Call 01/03/28)^(a)		25		24,084
4.38%, 05/08/42^(a)		185		158,179
Caterpillar Financial Services Corp.
2.15%, 11/08/24		223		214,707
2.40%, 08/09/26		519		483,173
3.25%, 12/01/24		108		105,242
4.35%, 05/15/26		100		98,396
5.15%, 08/11/25		100		100,013
Caterpillar Inc.
2.60%, 09/19/29 (Call 06/19/29)^(a)		99		88,549
2.60%, 04/09/30 (Call 01/09/30)		73		64,208
3.25%, 09/19/49 (Call 03/19/49)		255		192,290
3.25%, 04/09/50 (Call 10/09/49)		110		83,221
3.80%, 08/15/42		346		293,259
4.30%, 05/15/44 (Call 11/15/43)		121		108,700
4.75%, 05/15/64 (Call 11/15/63)		107		98,864
5.20%, 05/27/41		86		87,092
5.30%, 09/15/35^(a)		104		107,477
6.05%, 08/15/36		170		186,368
CNH Industrial Capital LLC
1.45%, 07/15/26 (Call 06/15/26)		755		675,393
1.88%, 01/15/26 (Call 12/15/25)		60		55,099
3.95%, 05/23/25		1,122		1,089,810
4.55%, 04/10/28 (Call 03/10/28)		90		87,037
5.45%, 10/14/25^(a)		2,117		2,110,077


Security	Par (000)		Value

Machinery (continued)
CNH Industrial NV, 3.85%, 11/15/27 (Call 08/15/27)	$	1,769	$	1,670,237
Deere & Co.
2.75%, 04/15/25 (Call 03/15/25)		89		85,727
2.88%, 09/07/49 (Call 03/07/49)		173		125,088
3.10%, 04/15/30 (Call 01/15/30)		84		75,981
3.75%, 04/15/50 (Call 10/15/49)^(a)		78		66,629
3.90%, 06/09/42 (Call 12/09/41)		46		40,357
5.38%, 10/16/29		85		87,705
7.13%, 03/03/31		20		23,158
Dover Corp.
2.95%, 11/04/29 (Call 08/04/29)^(a)		50		43,973
3.15%, 11/15/25 (Call 08/15/25)		95		90,424
5.38%, 10/15/35^(a)		25		25,154
5.38%, 03/01/41 (Call 12/01/40)		15		14,319
Flowserve Corp.
2.80%, 01/15/32 (Call 10/15/31)		72		57,127
3.50%, 10/01/30 (Call 07/01/30)		204		174,767
IDEX Corp., 2.63%, 06/15/31 (Call 03/15/31)		285		234,772
John Deere Capital Corp.
1.75%, 03/09/27		49		44,011
2.05%, 01/09/25		78		74,814
2.25%, 09/14/26		167		154,609
2.45%, 01/09/30		142		123,676
2.65%, 06/10/26		145		136,133
2.80%, 09/08/27		129		119,359
2.80%, 07/18/29		56		50,502
3.05%, 01/06/28		140		130,462
3.40%, 09/11/25		125		120,765
3.45%, 03/13/25		91		88,655
3.45%, 03/07/29		110		102,404
3.90%, 06/07/32		85		79,185
4.35%, 09/15/32^(a)		65		63,030
4.70%, 06/10/30		125		123,422
4.75%, 06/08/26		125		124,307
4.95%, 06/06/25		80		79,645
4.95%, 07/14/28		40		40,135
nVent Finance Sarl, 4.55%, 04/15/28 (Call 01/15/28)		57		53,929
Oshkosh Corp.
3.10%, 03/01/30 (Call 12/01/29)^(a)		554		487,442
4.60%, 05/15/28 (Call 02/15/28)^(a)		908		886,608
Otis Worldwide Corp.
3.36%, 02/15/50 (Call 08/15/49)^(a)		89		64,039
5.25%, 08/16/28 (Call 07/16/28)		60		60,409
Rockwell Automation Inc.
2.80%, 08/15/61 (Call 02/15/61)		45		27,773
2.88%, 03/01/25 (Call 12/01/24)		84		81,096
3.50%, 03/01/29 (Call 12/01/28)		158		148,089
4.20%, 03/01/49 (Call 09/01/48)		76		65,789
Westinghouse Air Brake Technologies Corp., 4.95%, 09/15/28 (Call 06/15/28)		21		20,252
Xylem Inc./NY
1.95%, 01/30/28 (Call 11/30/27)		1,871		1,641,877
2.25%, 01/30/31 (Call 10/30/30)		1,640		1,347,194
3.25%, 11/01/26 (Call 08/01/26)^(a)		1,780		1,675,033

				17,541,300

Manufacturing — 1.4%
3M Co.
2.00%, 02/14/25 (Call 01/14/25)		1,077		1,022,805
2.25%, 09/19/26 (Call 06/19/26)^(a)		1,095		1,007,794
2.38%, 08/26/29 (Call 05/26/29)^(a)		798		685,817


Security	Par (000)		Value

Manufacturing (continued)
2.65%, 04/15/25 (Call 03/15/25)^(a)	$	971	$	926,120
2.88%, 10/15/27 (Call 07/15/27)^(a)		2,745		2,527,816
3.00%, 08/07/25^(a)		2,044		1,960,707
3.05%, 04/15/30 (Call 01/15/30)^(a)		1,205		1,075,583
3.63%, 09/14/28 (Call 06/14/28)		1,040		972,878
Carlisle Companies Inc. 2.75%, 03/01/30 (Call 12/01/29)		182		154,083
3.75%, 12/01/27 (Call 09/01/27)		16		15,095
Eaton Corp. 3.10%, 09/15/27 (Call 06/15/27)		61		57,194
3.92%, 09/15/47 (Call 03/15/47)^(a)		70		57,338
4.00%, 11/02/32		189		176,585
4.15%, 11/02/42		116		100,836
4.70%, 08/23/52 (Call 02/23/52)		50		46,493
GE Capital International Funding Co. Unlimited Co., 4.42%, 11/15/35^(a)		665		616,282
General Electric Co. 4.35%, 05/01/50 (Call 11/01/49)		55		45,712
5.88%, 01/14/38		95		99,765
6.75%, 03/15/32		525		585,291
6.88%, 01/10/39		107		124,334
Illinois Tool Works Inc. 2.65%, 11/15/26 (Call 08/15/26)		40		37,462
3.90%, 09/01/42 (Call 03/01/42)		99		85,357
4.88%, 09/15/41 (Call 03/15/41)		15		14,545
Parker-Hannifin Corp. 3.25%, 06/14/29 (Call 03/14/29)		13		11,754
4.00%, 06/14/49 (Call 12/14/48)		172		139,303
4.10%, 03/01/47 (Call 09/01/46)		53		43,660
4.20%, 11/21/34 (Call 05/21/34)		171		154,784
4.45%, 11/21/44 (Call 05/21/44)		16		13,801
6.25%, 05/15/38		87		91,834
Pentair Finance Sarl 4.50%, 07/01/29 (Call 04/01/29)^(a)		651		608,503
5.90%, 07/15/32 (Call 04/15/32)		215		217,513
Teledyne Technologies Inc. 2.25%, 04/01/28 (Call 02/01/28)		202		176,132
2.75%, 04/01/31 (Call 01/01/31)		1,836		1,530,655
Textron Inc. 3.00%, 06/01/30 (Call 03/01/30)		27		23,374
3.65%, 03/15/27 (Call 12/15/26)		5		4,705
3.90%, 09/17/29 (Call 06/17/29)		4		3,678
4.00%, 03/15/26 (Call 12/15/25)		58		55,956

				15,471,544

Media — 2.1%
Charter Communications Operating LLC/ Charter Communications Operating Capital 2.80%, 04/01/31 (Call 01/01/31)		27		21,737
3.70%, 04/01/51 (Call 10/01/50)		315		195,171
3.85%, 04/01/61 (Call 10/01/60)^(a)		400		238,772
3.90%, 06/01/52 (Call 12/01/51)		444		283,414
3.95%, 06/30/62 (Call 12/30/61)		304		183,008
4.40%, 04/01/33 (Call 01/01/33)^(a)		200		176,036
4.40%, 12/01/61 (Call 06/01/61)		287		188,886
4.80%, 03/01/50 (Call 09/01/49)		423		312,178
5.13%, 07/01/49 (Call 01/01/49)		256		196,872
5.25%, 04/01/53 (Call 10/01/52)		224		177,061
5.38%, 04/01/38 (Call 10/01/37)		97		81,969
5.38%, 05/01/47 (Call 11/01/46)		526		419,601
5.50%, 04/01/63 (Call 10/01/62)		222		174,536


Security	Par (000)		Value

Media (continued)
5.75%, 04/01/48 (Call 10/01/47)	$	506	$	426,103
6.38%, 10/23/35 (Call 04/23/35)		464		449,885
6.48%, 10/23/45 (Call 04/23/45)		715		656,442
6.83%, 10/23/55 (Call 04/23/55)		224		208,871
Comcast Corp. 2.45%, 08/15/52 (Call 02/15/52)^(a)		677		396,417
2.65%, 02/01/30 (Call 11/01/29)		59		51,279
2.65%, 08/15/62 (Call 02/15/62)		172		98,401
2.80%, 01/15/51 (Call 07/15/50)		65		41,059
2.89%, 11/01/51 (Call 05/01/51)		696		444,744
2.94%, 11/01/56 (Call 05/01/56)		962		597,739
2.99%, 11/01/63 (Call 05/01/63)		755		455,401
3.20%, 07/15/36 (Call 01/15/36)		159		128,485
3.25%, 11/01/39 (Call 05/01/39)		76		58,522
3.40%, 04/01/30 (Call 01/01/30)		89		81,031
3.40%, 07/15/46 (Call 01/15/46)		261		190,679
3.45%, 02/01/50 (Call 08/01/49)		286		208,597
3.75%, 04/01/40 (Call 10/01/39)		116		95,400
3.90%, 03/01/38 (Call 09/01/37)		83		70,637
3.97%, 11/01/47 (Call 05/01/47)		360		288,540
4.00%, 08/15/47 (Call 02/15/47)		196		157,096
4.00%, 03/01/48 (Call 09/01/47)		246		197,723
4.00%, 11/01/49 (Call 05/01/49)		412		328,104
4.05%, 11/01/52 (Call 05/01/52)		439		350,967
4.15%, 10/15/28 (Call 07/15/28)		80		77,100
4.20%, 08/15/34 (Call 02/15/34)		315		287,771
4.25%, 10/15/30 (Call 07/15/30)		37		35,190
4.25%, 01/15/33		75		70,397
4.40%, 08/15/35 (Call 02/15/35)		43		39,756
4.60%, 10/15/38 (Call 04/15/38)		185		170,006
4.60%, 08/15/45 (Call 02/15/45)		186		162,988
4.65%, 07/15/42		622		558,002
4.70%, 10/15/48 (Call 04/15/48)		521		471,958
4.75%, 03/01/44		175		157,365
4.95%, 10/15/58 (Call 04/15/58)^(a)		373		343,652
5.35%, 05/15/53		100		97,838
5.50%, 05/15/64		150		146,148
5.65%, 06/15/35		102		105,593
6.45%, 03/15/37		408		445,148
6.50%, 11/15/35		130		143,807
6.55%, 07/01/39		70		76,970
6.95%, 08/15/37		75		84,711
7.05%, 03/15/33		18		20,500
Discovery Communications LLC 3.95%, 06/15/25 (Call 03/15/25)		49		47,395
3.95%, 03/20/28 (Call 12/20/27)		208		193,380
4.00%, 09/15/55 (Call 03/15/55)		370		241,070
4.13%, 05/15/29 (Call 02/15/29)		29		26,619
4.65%, 05/15/50 (Call 11/15/49)		162		121,003
4.88%, 04/01/43		67		53,150
4.90%, 03/11/26 (Call 12/11/25)		67		65,822
5.00%, 09/20/37 (Call 03/20/37)		177		150,993
5.20%, 09/20/47 (Call 03/20/47)		303		245,169
5.30%, 05/15/49 (Call 11/15/48)		149		121,316
6.35%, 06/01/40		190		181,999
FactSet Research Systems Inc., 3.45%, 03/01/32 (Call 12/01/31)		120		101,590
Fox Corp. 3.50%, 04/08/30 (Call 01/08/30)^(a)		9		8,039
4.71%, 01/25/29 (Call 10/25/28)		146		140,734


Security	Par (000)		Value

Media (continued)
5.48%, 01/25/39 (Call 07/25/38)	$	188	$	169,967
5.58%, 01/25/49 (Call 07/25/48)		424		377,678
Grupo Televisa SAB 5.25%, 05/24/49 (Call 11/24/48)		152		132,106
6.13%, 01/31/46 (Call 07/31/45)^(a)		210		202,215
6.63%, 01/15/40^(a)		169		172,645
NBCUniversal Media LLC 4.45%, 01/15/43		150		131,195
5.95%, 04/01/41		105		109,688
6.40%, 04/30/40		45		48,725
Paramount Global 2.90%, 01/15/27 (Call 10/15/26)		28		25,231
3.38%, 02/15/28 (Call 11/15/27)		70		62,113
3.70%, 06/01/28 (Call 03/01/28)		36		32,230
4.20%, 06/01/29 (Call 03/01/29)^(a)		97		86,665
4.20%, 05/19/32 (Call 02/19/32)		187		155,562
4.38%, 03/15/43		246		169,455
4.60%, 01/15/45 (Call 07/15/44)		158		109,511
4.85%, 07/01/42 (Call 01/01/42)		140		101,448
4.90%, 08/15/44 (Call 02/15/44)		99		70,561
4.95%, 01/15/31 (Call 10/15/30)^(a)		264		235,794
4.95%, 05/19/50 (Call 11/19/49)^(a)		230		168,089
5.25%, 04/01/44 (Call 10/01/43)		109		81,629
5.50%, 05/15/33		93		84,157
5.85%, 09/01/43 (Call 03/01/43)		321		265,550
5.90%, 10/15/40 (Call 04/15/40)		97		81,122
6.88%, 04/30/36		238		229,142
7.88%, 07/30/30		69		73,001
Thomson Reuters Corp. 5.50%, 08/15/35^(a)		30		29,332
5.65%, 11/23/43 (Call 05/23/43)		97		88,243
5.85%, 04/15/40^(a)		26		25,418
Time Warner Cable Enterprises LLC, 8.38%, 07/15/33		213		236,747
Time Warner Cable LLC 4.50%, 09/15/42 (Call 03/15/42)		71		51,892
5.50%, 09/01/41 (Call 03/01/41)		243		199,265
5.88%, 11/15/40 (Call 05/15/40)		220		190,663
6.55%, 05/01/37		306		290,379
6.75%, 06/15/39		291		280,774
7.30%, 07/01/38		325		328,439
TWDC Enterprises 18 Corp. 1.85%, 07/30/26^(a)		51		46,708
2.95%, 06/15/27^(a)		46		43,137
3.00%, 02/13/26		44		41,890
3.00%, 07/30/46		107		73,265
3.15%, 09/17/25		83		79,673
4.13%, 06/01/44^(a)		336		282,418
4.38%, 08/16/41		193		168,350
Series B, 7.00%, 03/01/32		20		22,430
Series E, 4.13%, 12/01/41		113		96,095
Walt Disney Co. (The) 2.00%, 09/01/29 (Call 06/01/29)		169		143,317
2.75%, 09/01/49 (Call 03/01/49)		716		459,429
3.35%, 03/24/25		150		145,587
3.38%, 11/15/26 (Call 08/15/26)		42		39,893
3.60%, 01/13/51 (Call 07/13/50)		625		468,875
3.70%, 10/15/25 (Call 07/15/25)		35		33,973
3.70%, 03/23/27		104		100,186
3.80%, 03/22/30		19		17,768
3.80%, 05/13/60 (Call 11/13/59)^(a)		387		291,701


Security	Par (000)		Value

Media (continued)
4.63%, 03/23/40 (Call 09/23/39)	$	47	$	43,594
4.70%, 03/23/50 (Call 09/23/49)^(a)		445		404,661
4.75%, 09/15/44 (Call 03/15/44)		105		95,997
4.75%, 11/15/46 (Call 05/15/46)		193		175,140
4.95%, 10/15/45 (Call 04/15/45)		252		232,921
5.40%, 10/01/43		244		242,756
6.15%, 03/01/37		10		10,537
6.15%, 02/15/41		125		133,951
6.20%, 12/15/34		65		70,443
6.40%, 12/15/35		125		137,000
6.55%, 03/15/33		26		28,722
6.65%, 11/15/37		183		206,098
7.75%, 12/01/45		70		88,977

				23,346,665

Metal Fabricate & Hardware — 0.0%
Timken Co. (The), 4.50%, 12/15/28 (Call 09/15/28)		35		33,164
Valmont Industries Inc. 5.00%, 10/01/44 (Call 04/01/44)		25		21,319
5.25%, 10/01/54 (Call 04/01/54)		30		25,650

				80,133

Mining — 0.4%
AngloGold Ashanti Holdings PLC 3.38%, 11/01/28 (Call 09/01/28)		215		185,513
3.75%, 10/01/30 (Call 07/01/30)		155		128,507
Freeport-McMoRan Inc. 5.40%, 11/14/34 (Call 05/14/34)		245		232,017
5.45%, 03/15/43 (Call 09/15/42)		325		291,245
Kinross Gold Corp., 4.50%, 07/15/27 (Call 04/15/27)^(a)		195		187,904
Newmont Corp. 2.25%, 10/01/30 (Call 07/01/30)		47		38,185
2.60%, 07/15/32 (Call 04/15/32)		180		144,655
2.80%, 10/01/29 (Call 07/01/29)		96		82,822
4.88%, 03/15/42 (Call 09/15/41)		419		376,643
5.45%, 06/09/44 (Call 12/09/43)		23		21,876
5.88%, 04/01/35		102		102,996
6.25%, 10/01/39		321		334,684
Rio Tinto Alcan Inc. 5.75%, 06/01/35		91		92,122
6.13%, 12/15/33		295		311,830
7.25%, 03/15/31		92		103,464
Rio Tinto Finance USA Ltd. 2.75%, 11/02/51 (Call 05/02/51)		95		61,275
5.20%, 11/02/40		161		157,886
7.13%, 07/15/28		58		63,303
Rio Tinto Finance USA PLC 4.13%, 08/21/42 (Call 02/21/42)		75		63,938
4.75%, 03/22/42 (Call 09/22/41)		172		159,346
5.13%, 03/09/53 (Call 09/09/52)^(a)		175		169,062
Southern Copper Corp. 5.88%, 04/23/45^(a)		225		220,723
6.75%, 04/16/40		150		162,827
7.50%, 07/27/35		200		226,882

				3,919,705

Office & Business Equipment — 0.0%
CDW LLC/CDW Finance Corp. 3.28%, 12/01/28 (Call 10/01/28)		267		234,076
3.57%, 12/01/31 (Call 09/01/31)		278		235,199
4.25%, 04/01/28 (Call 10/02/23)		80		73,952

				543,227


Security	Par (000)		Value

Oil & Gas — 2.6%
Apache Corp. 5.10%, 09/01/40 (Call 03/01/40)	$	50	$	41,708
5.25%, 02/01/42 (Call 08/01/41)		280		229,984
5.35%, 07/01/49 (Call 01/01/49)		10		8,038
6.00%, 01/15/37		60		56,149
BP Capital Markets America Inc. 2.77%, 11/10/50 (Call 05/10/50)		371		233,967
2.94%, 06/04/51 (Call 12/04/50)		398		260,165
3.00%, 02/24/50 (Call 08/24/49)		582		387,496
3.00%, 03/17/52 (Call 09/17/51)		150		98,479
3.02%, 01/16/27 (Call 10/16/26)		10		9,384
3.12%, 05/04/26 (Call 02/04/26)		68		64,652
3.38%, 02/08/61 (Call 08/08/60)		409		274,864
3.41%, 02/11/26 (Call 12/11/25)		70		67,282
3.54%, 04/06/27 (Call 02/06/27)		1		954
3.63%, 04/06/30 (Call 01/06/30)		201		185,577
3.80%, 09/21/25 (Call 07/21/25)		53		51,595
3.94%, 09/21/28 (Call 06/21/28)		153		146,184
4.23%, 11/06/28 (Call 08/06/28)		215		207,512
4.89%, 09/11/33 (Call 06/11/33)		155		150,877
BP Capital Markets PLC 3.28%, 09/19/27 (Call 06/19/27)		3		2,825
3.72%, 11/28/28 (Call 08/28/28)		159		149,439
Burlington Resources LLC 5.95%, 10/15/36		40		41,959
7.20%, 08/15/31		240		272,114
7.40%, 12/01/31		132		151,953
Chevron Corp., 3.08%, 05/11/50 (Call 11/11/49)		311		220,903
Chevron USA Inc. 2.34%, 08/12/50 (Call 02/12/50)^(a)		159		96,550
5.25%, 11/15/43 (Call 05/15/43)		85		83,652
Conoco Funding Co., 7.25%, 10/15/31^(a)		325		369,356
ConocoPhillips Co. 4.03%, 03/15/62 (Call 09/15/61)		340		260,246
4.30%, 11/15/44 (Call 05/15/44)		282		241,784
4.88%, 10/01/47 (Call 04/01/47)^(a)		40		36,635
5.05%, 09/15/33 (Call 06/15/33)		205		203,770
5.30%, 05/15/53		160		156,314
5.55%, 03/15/54 (Call 09/15/53)		150		150,430
5.70%, 09/15/63 (Call 03/15/63)		150		151,056
5.90%, 10/15/32^(a)		296		316,480
5.90%, 05/15/38^(a)		305		318,008
5.95%, 03/15/46 (Call 09/15/45)		270		280,851
6.50%, 02/01/39		172		191,617
6.95%, 04/15/29^(a)		679		746,751
Devon Energy Corp. 4.75%, 05/15/42 (Call 11/15/41)		160		133,456
5.00%, 06/15/45 (Call 12/15/44)		145		124,165
5.60%, 07/15/41 (Call 01/15/41)		241		223,583
7.88%, 09/30/31		49		55,072
7.95%, 04/15/32		61		69,217
Diamondback Energy Inc. 3.50%, 12/01/29 (Call 09/01/29)		479		433,308
4.25%, 03/15/52 (Call 09/15/51)		40		30,027
4.40%, 03/24/51 (Call 09/24/50)^(a)		153		118,837
6.25%, 03/15/53 (Call 09/15/52)		85		84,723
Eni USA Inc., 7.30%, 11/15/27		170		182,503
EOG Resources Inc. 3.90%, 04/01/35 (Call 10/01/34)		102		90,128
4.38%, 04/15/30 (Call 01/15/30)		72		69,981


Security	Par (000)		Value

Oil & Gas (continued)
4.95%, 04/15/50 (Call 10/15/49)	$	203	$	192,058
EQT Corp. 5.00%, 01/15/29 (Call 07/15/28)		120		114,001
7.00%, 02/01/30 (Call 11/01/29)		405		424,829
Exxon Mobil Corp. 3.10%, 08/16/49 (Call 02/16/49)		231		162,148
3.45%, 04/15/51 (Call 10/15/50)		608		452,206
3.48%, 03/19/30 (Call 12/19/29)		294		271,991
3.57%, 03/06/45 (Call 09/06/44)		103		80,289
4.11%, 03/01/46 (Call 09/01/45)		543		461,040
4.23%, 03/19/40 (Call 09/19/39)		347		310,100
4.33%, 03/19/50 (Call 09/19/49)		515		445,799
Hess Corp. 4.30%, 04/01/27 (Call 01/01/27)		1,593		1,532,482
5.60%, 02/15/41		85		80,016
6.00%, 01/15/40		76		74,548
7.13%, 03/15/33		493		537,942
7.30%, 08/15/31		722		787,225
7.88%, 10/01/29		526		580,930
Marathon Oil Corp. 4.40%, 07/15/27 (Call 04/15/27)		319		304,151
6.60%, 10/01/37		254		255,654
6.80%, 03/15/32		326		339,832
Marathon Petroleum Corp. 3.63%, 09/15/24 (Call 06/15/24)		42		41,085
3.80%, 04/01/28 (Call 01/01/28)		205		191,587
4.50%, 04/01/48 (Call 10/01/47)		112		87,764
4.70%, 05/01/25 (Call 04/01/25)		100		98,268
4.75%, 09/15/44 (Call 03/15/44)		143		119,050
5.00%, 09/15/54 (Call 03/15/54)^(a)		35		28,588
5.13%, 12/15/26 (Call 09/15/26)		176		175,183
6.50%, 03/01/41 (Call 09/01/40)		261		266,546
Occidental Petroleum Corp. 4.40%, 04/15/46 (Call 10/15/45)		40		30,735
6.13%, 01/01/31 (Call 07/01/30)		5		5,041
6.20%, 03/15/40		165		162,703
6.45%, 09/15/36		425		434,664
6.60%, 03/15/46 (Call 09/15/45)		260		267,301
6.63%, 09/01/30 (Call 03/01/30)		10		10,321
7.50%, 05/01/31		320		346,502
7.88%, 09/15/31		20		22,174
7.95%, 06/15/39		85		95,305
8.88%, 07/15/30 (Call 01/15/30)		10		11,466
Ovintiv Inc. 5.38%, 01/01/26 (Call 10/01/25)		540		536,004
5.65%, 05/15/25		180		179,689
5.65%, 05/15/28 (Call 04/15/28)		180		178,886
6.25%, 07/15/33 (Call 04/15/33)^(a)		140		139,698
6.50%, 08/15/34^(a)		493		499,665
6.50%, 02/01/38		185		181,994
6.63%, 08/15/37		165		164,269
7.10%, 07/15/53		110		113,817
7.20%, 11/01/31		318		335,302
7.38%, 11/01/31		225		241,105
8.13%, 09/15/30		170		188,629
Phillips 66 3.30%, 03/15/52 (Call 09/15/51)^(a)		150		100,225
3.85%, 04/09/25 (Call 03/09/25)		147		143,060
3.90%, 03/15/28 (Call 12/15/27)		106		100,393
4.65%, 11/15/34 (Call 05/15/34)^(a)		313		293,447


Security	Par (000)		Value

Oil & Gas (continued)
4.88%, 11/15/44 (Call 05/15/44)	$	372	$	335,678
5.30%, 06/30/33 (Call 03/30/33)^(a)		55		54,424
5.88%, 05/01/42		257		262,266
Shell International Finance BV 3.00%, 11/26/51 (Call 05/26/51)		515		344,921
3.13%, 11/07/49 (Call 05/07/49)		135		93,906
3.25%, 04/06/50 (Call 10/06/49)^(a)		345		244,971
3.75%, 09/12/46		130		102,019
4.00%, 05/10/46		375		307,792
4.13%, 05/11/35		557		508,084
4.38%, 05/11/45		480		416,141
4.55%, 08/12/43		105		94,329
6.38%, 12/15/38		750		824,895
Tosco Corp., 8.13%, 02/15/30		510		588,326
TotalEnergies Capital International SA 2.43%, 01/10/25 (Call 10/10/24)		264		253,928
2.83%, 01/10/30 (Call 10/10/29)		360		319,604
2.99%, 06/29/41 (Call 12/29/40)		72		52,726
3.13%, 05/29/50 (Call 11/29/49)		585		404,756
3.39%, 06/29/60 (Call 12/29/59)		142		98,192
3.45%, 02/19/29 (Call 11/19/28)		109		101,365
3.46%, 07/12/49 (Call 01/12/49)		231		171,885
TotalEnergies Capital SA, 3.88%, 10/11/28		248		236,503
Valero Energy Corp. 3.40%, 09/15/26 (Call 06/15/26)		35		33,093
3.65%, 12/01/51 (Call 06/01/51)		234		159,614
4.00%, 04/01/29 (Call 01/01/29)^(a)		40		37,709
4.00%, 06/01/52 (Call 12/01/51)^(a)		49		35,806
4.35%, 06/01/28 (Call 03/01/28)		31		29,649
4.90%, 03/15/45		98		84,847
6.63%, 06/15/37		481		511,755
7.50%, 04/15/32		300		335,787


				28,775,238

Oil & Gas Services — 0.5%
Baker Hughes Holdings LLC, 5.13%, 09/15/40		436		412,256
Baker Hughes Holdings LLC/Baker Hughes Co-Obligor Inc. 3.14%, 11/07/29 (Call 08/07/29)		720		640,159
3.34%, 12/15/27 (Call 09/15/27)		1,512		1,402,607
4.08%, 12/15/47 (Call 06/15/47)		209		166,201
Halliburton Co. 2.92%, 03/01/30 (Call 12/01/29)		436		380,427
3.80%, 11/15/25 (Call 08/15/25)		70		68,222
4.50%, 11/15/41 (Call 05/15/41)		107		90,084
4.75%, 08/01/43 (Call 02/01/43)		115		99,378
4.85%, 11/15/35 (Call 05/15/35)		307		287,619
5.00%, 11/15/45 (Call 05/15/45)^(a)		275		247,781
6.70%, 09/15/38		98		107,788
7.45%, 09/15/39		254		296,532
NOV Inc. 3.60%, 12/01/29 (Call 09/01/29)		302		270,598
3.95%, 12/01/42 (Call 06/01/42)		172		127,246
Schlumberger Investment SA 2.65%, 06/26/30 (Call 03/26/30)^(a)		479		414,182
4.50%, 05/15/28		100		98,177
4.85%, 05/15/33		90		87,922


				5,197,179


Security	Par (000)		Value

Packaging & Containers — 0.1%
Amcor Finance USA Inc. 3.63%, 04/28/26 (Call 01/28/26)	$	60	$	56,868
4.50%, 05/15/28 (Call 02/15/28)^(a)		88		84,031
5.63%, 05/26/33 (Call 02/26/33)		230		228,618
Amcor Flexibles North America Inc. 2.63%, 06/19/30 (Call 03/19/30)		377		310,324
2.69%, 05/25/31 (Call 02/25/31)		210		171,129
Packaging Corp. of America 3.00%, 12/15/29 (Call 09/15/29)		26		22,697
4.05%, 12/15/49 (Call 06/15/49)		14		10,869
Sonoco Products Co. 3.13%, 05/01/30 (Call 02/01/30)		14		12,085
5.75%, 11/01/40 (Call 05/01/40)^(a)		105		102,053
WestRock MWV LLC 7.95%, 02/15/31^(a)		18		20,233
8.20%, 01/15/30^(a)		63		71,162
WRKCo Inc. 3.00%, 06/15/33 (Call 03/15/33)^(a)		35		28,340
3.38%, 09/15/27 (Call 06/15/27)		24		22,133
3.90%, 06/01/28 (Call 03/01/28)		4		3,712
4.00%, 03/15/28 (Call 12/15/27)		60		55,986
4.20%, 06/01/32 (Call 03/01/32)		40		36,445
4.90%, 03/15/29 (Call 12/15/28)		34		32,737


				1,269,422

Pharmaceuticals — 4.1%
AbbVie Inc. 3.20%, 05/14/26 (Call 02/14/26)		237		225,325
4.05%, 11/21/39 (Call 05/21/39)		575		493,005
4.25%, 11/14/28 (Call 08/14/28)		7		6,775
4.25%, 11/21/49 (Call 05/21/49)		1,112		936,282
4.30%, 05/14/36 (Call 11/14/35)		412		377,788
4.40%, 11/06/42		600		523,824
4.45%, 05/14/46 (Call 11/14/45)		427		369,329
4.50%, 05/14/35 (Call 11/14/34)		772		726,197
4.70%, 05/14/45 (Call 11/14/44)		682		612,238
4.85%, 06/15/44 (Call 12/15/43)		63		57,544
4.88%, 11/14/48 (Call 05/14/48)		478		440,726
Astrazeneca Finance LLC, 4.88%, 03/03/33 (Call 12/03/32)^(a)		295		295,091
AstraZeneca PLC 3.13%, 06/12/27 (Call 03/12/27)		617		578,024
3.38%, 11/16/25		1,050		1,008,756
4.00%, 01/17/29 (Call 10/17/28)		581		557,144
4.00%, 09/18/42		160		137,563
4.38%, 11/16/45		309		274,587
4.38%, 08/17/48 (Call 02/17/48)		191		170,832
6.45%, 09/15/37		933		1,049,159
Becton Dickinson and Co. 3.70%, 06/06/27 (Call 03/06/27)		1,032		978,924
4.67%, 06/06/47 (Call 12/06/46)		488		431,348
4.69%, 12/15/44 (Call 06/15/44)		342		303,084
Bristol-Myers Squibb Co. 2.55%, 11/13/50 (Call 05/13/50)		474		289,837
3.25%, 02/27/27^(a)		155		148,130
3.25%, 08/01/42		283		211,155
3.70%, 03/15/52 (Call 09/15/51)		315		242,166
3.90%, 03/15/62 (Call 09/15/61)		340		257,659
4.25%, 10/26/49 (Call 04/26/49)		793		669,300
4.35%, 11/15/47 (Call 05/15/47)		415		357,659
4.50%, 03/01/44 (Call 09/01/43)		30		26,651


Security	Par (000)		Value

Pharmaceuticals (continued)
4.55%, 02/20/48 (Call 08/20/47)	$	377	$	334,041
4.63%, 05/15/44 (Call 11/15/43)		95		86,035
5.00%, 08/15/45 (Call 02/15/45)		124		119,318
Cardinal Health Inc. 3.41%, 06/15/27 (Call 03/15/27)		1,179		1,104,027
3.50%, 11/15/24 (Call 08/15/24)		122		118,522
3.75%, 09/15/25 (Call 06/15/25)		395		381,412
4.37%, 06/15/47 (Call 12/15/46)		112		89,560
4.60%, 03/15/43		127		103,208
4.90%, 09/15/45 (Call 03/15/45)		176		147,381
Cencora Inc. 3.25%, 03/01/25 (Call 12/01/24)		115		111,275
3.45%, 12/15/27 (Call 09/15/27)		78		73,244
4.25%, 03/01/45 (Call 09/01/44)		242		195,751
4.30%, 12/15/47 (Call 06/15/47)		166		138,092
Cigna Group (The) 2.40%, 03/15/30 (Call 12/15/29)		413		347,436
3.20%, 03/15/40 (Call 09/15/39)		55		40,898
3.40%, 03/15/50 (Call 09/15/49)		287		200,487
3.40%, 03/15/51 (Call 09/15/50)		280		195,328
3.88%, 10/15/47 (Call 04/15/47)		341		259,791
4.13%, 11/15/25 (Call 09/15/25)		483		470,263
4.38%, 10/15/28 (Call 07/15/28)		1,096		1,054,560
4.80%, 08/15/38 (Call 02/15/38)		432		396,878
4.80%, 07/15/46 (Call 01/16/46)		304		269,156
4.90%, 12/15/48 (Call 06/15/48)		713		634,206
5.40%, 03/15/33 (Call 12/15/32)		200		200,750
6.13%, 11/15/41		159		165,134
CVS Health Corp. 2.88%, 06/01/26 (Call 03/01/26)		133		124,549
3.25%, 08/15/29 (Call 05/15/29)		94		83,950
3.63%, 04/01/27 (Call 02/01/27)		5		4,732
3.75%, 04/01/30 (Call 01/01/30)		58		52,748
3.88%, 07/20/25 (Call 04/20/25)		37		35,889
4.13%, 04/01/40 (Call 10/01/39)		48		39,042
4.25%, 04/01/50 (Call 10/01/49)		111		87,671
4.30%, 03/25/28 (Call 12/25/27)		824		791,930
4.78%, 03/25/38 (Call 09/25/37)		876		785,098
4.88%, 07/20/35 (Call 01/20/35)		260		241,922
5.05%, 03/25/48 (Call 09/25/47)		1,582		1,389,154
5.13%, 07/20/45 (Call 01/20/45)		718		639,286
5.25%, 02/21/33 (Call 11/21/32)		320		312,880
5.30%, 06/01/33 (Call 03/01/33)		200		195,884
5.30%, 12/05/43 (Call 06/05/43)		255		233,402
5.63%, 02/21/53 (Call 08/21/52)		420		397,593
5.88%, 06/01/53 (Call 12/01/52)		280		273,260
6.00%, 06/01/63 (Call 12/01/62)		325		318,165
6.13%, 09/15/39		161		162,734
6.25%, 06/01/27		99		101,872
Eli Lilly & Co. 2.25%, 05/15/50 (Call 11/15/49)^(a)		342		210,641
2.50%, 09/15/60 (Call 03/15/60)^(a)		200		118,984
3.10%, 05/15/27 (Call 02/15/27)^(a)		73		69,224
3.38%, 03/15/29 (Call 12/15/28)		147		137,467
3.70%, 03/01/45 (Call 09/01/44)^(a)		91		75,198
3.95%, 05/15/47 (Call 11/15/46)^(a)		150		129,101
3.95%, 03/15/49 (Call 09/15/48)		160		137,632
4.15%, 03/15/59 (Call 09/15/58)		350		297,245
5.50%, 03/15/27^(a)		20		20,604
5.55%, 03/15/37		250		264,783


Security	Par (000)		Value

Pharmaceuticals (continued)
GlaxoSmithKline Capital Inc. 3.63%, 05/15/25	$	365	$	355,849
3.88%, 05/15/28		123		118,683
4.20%, 03/18/43^(a)		94		82,683
5.38%, 04/15/34^(a)		54		57,194
6.38%, 05/15/38^(a)		447		508,793
GlaxoSmithKline Capital PLC, 3.38%, 06/01/29 (Call 03/01/29)^(a)		103		95,824
Johnson & Johnson 2.45%, 09/01/60 (Call 03/01/60)^(a)		361		221,585
3.50%, 01/15/48 (Call 07/15/47)		80		65,040
3.70%, 03/01/46 (Call 09/01/45)		483		401,069
3.75%, 03/03/47 (Call 09/03/46)		417		351,677
4.38%, 12/05/33 (Call 06/05/33)		2		1,974
4.50%, 09/01/40		41		39,135
4.50%, 12/05/43 (Call 06/05/43)		132		126,888
4.85%, 05/15/41^(a)		153		150,186
4.95%, 05/15/33^(a)		25		25,965
5.85%, 07/15/38		312		341,621
5.95%, 08/15/37		213		235,723
McKesson Corp. 3.95%, 02/16/28 (Call 11/16/27)		89		84,943
4.90%, 07/15/28 (Call 06/15/28)		72		71,205
5.10%, 07/15/33		52		51,586
Mead Johnson Nutrition Co. 4.13%, 11/15/25 (Call 08/15/25)		460		447,874
4.60%, 06/01/44 (Call 12/01/43)		120		106,610
5.90%, 11/01/39		216		221,108
Merck & Co. Inc. 2.45%, 06/24/50 (Call 12/24/49)		100		62,136
2.75%, 12/10/51 (Call 06/10/51)^(a)		295		193,060
2.90%, 12/10/61 (Call 06/10/61)		540		338,737
3.40%, 03/07/29 (Call 12/07/28)		34		31,649
3.60%, 09/15/42 (Call 03/15/42)		303		247,393
3.70%, 02/10/45 (Call 08/10/44)		590		481,234
3.90%, 03/07/39 (Call 09/07/38)		12		10,484
4.00%, 03/07/49 (Call 09/07/48)		287		242,478
4.05%, 05/17/28^(a)		115		112,189
4.15%, 05/18/43		437		386,238
4.30%, 05/17/30		200		193,712
4.50%, 05/17/33 (Call 02/17/33)^(a)		205		199,672
4.90%, 05/17/44		110		106,668
5.00%, 05/17/53 (Call 11/17/52)		85		82,931
5.15%, 05/17/63 (Call 11/17/62)		345		335,978
6.50%, 12/01/33		372		417,109
6.55%, 09/15/37		132		148,148
Merck Sharp & Dohme Corp. 5.75%, 11/15/36		175		184,144
5.95%, 12/01/28		108		113,760
Mylan Inc., 5.20%, 04/15/48 (Call 10/15/47)		109		84,810
Novartis Capital Corp. 2.75%, 08/14/50 (Call 02/14/50)^(a)		135		92,538
4.00%, 11/20/45 (Call 05/20/45)		125		107,494
4.40%, 05/06/44		161		148,864
Pfizer Inc. 2.70%, 05/28/50 (Call 11/28/49)^(a)		560		378,952
4.00%, 12/15/36		15		13,604
4.00%, 03/15/49 (Call 09/15/48)^(a)		328		281,322
4.13%, 12/15/46		176		152,143
4.20%, 09/15/48 (Call 03/15/48)^(a)		291		256,857


Security	Par (000)		Value

Pharmaceuticals (continued)
4.40%, 05/15/44	$	50	$	45,502
7.20%, 03/15/39		292		352,657
Pfizer Investment Enterprises Pte Ltd. 4.75%, 05/19/33 (Call 02/19/33)		1,076		1,058,741
5.30%, 05/19/53 (Call 11/19/52)		1,260		1,260,290
5.34%, 05/19/63		600		590,862
Shire Acquisitions Investments Ireland DAC, 3.20%, 09/23/26 (Call 06/23/26)		153		143,597
Takeda Pharmaceutical Co. Ltd. 3.18%, 07/09/50 (Call 01/09/50)		472		317,009
3.38%, 07/09/60 (Call 01/09/60)		247		160,711
5.00%, 11/26/28 (Call 08/26/28)		50		49,548
Utah Acquisition Sub Inc., 5.25%, 06/15/46 (Call 12/15/45)		135		106,805
Viatris Inc., 4.00%, 06/22/50 (Call 12/22/49)		509		336,861
Zoetis Inc. 2.00%, 05/15/30 (Call 02/15/30)		115		94,699
3.00%, 09/12/27 (Call 06/12/27)		522		485,413
3.00%, 05/15/50 (Call 11/15/49)		35		23,804
3.90%, 08/20/28 (Call 05/20/28)		372		355,599
3.95%, 09/12/47 (Call 03/12/47)		243		194,203
4.45%, 08/20/48 (Call 02/20/48)		54		46,619
4.50%, 11/13/25 (Call 08/13/25)^(a)		783		770,683
4.70%, 02/01/43 (Call 08/01/42)		633		572,251
5.60%, 11/16/32 (Call 08/16/32)		310		319,694


				44,578,562

Pipelines — 3.4%
Boardwalk Pipelines LP 4.45%, 07/15/27 (Call 04/15/27)		610		581,257
4.80%, 05/03/29 (Call 02/03/29)		174		165,573
Cheniere Corpus Christi Holdings LLC 2.74%, 12/31/39 (Call 07/04/39)		90		69,674
3.70%, 11/15/29 (Call 05/18/29)		699		635,349
5.13%, 06/30/27 (Call 01/01/27)		128		126,674
5.88%, 03/31/25 (Call 10/02/24)		297		296,085
Cheniere Energy Inc., 4.63%, 10/15/28 (Call 10/15/23)		265		249,545
Cheniere Energy Partners LP 3.25%, 01/31/32 (Call 01/31/27)		207		170,767
4.00%, 03/01/31 (Call 03/01/26)		5		4,409
5.95%, 06/30/33 (Call 12/30/32)^(c)		88		87,851
Columbia Pipeline Group Inc., 5.80%, 06/01/45 (Call 12/01/44)		31		28,716
DCP Midstream Operating LP 5.60%, 04/01/44 (Call 10/01/43)		75		69,627
8.13%, 08/16/30		50		56,753
Enbridge Energy Partners LP 7.38%, 10/15/45 (Call 04/15/45)		144		162,582
Series B, 7.50%, 04/15/38		162		178,680
Enbridge Inc. 2.50%, 01/15/25 (Call 12/15/24)		75		71,828
2.50%, 08/01/33 (Call 05/01/33)		645		500,230
3.13%, 11/15/29 (Call 08/15/29)^(a)		445		393,109
3.40%, 08/01/51 (Call 02/01/51)^(a)		170		114,189
3.70%, 07/15/27 (Call 04/15/27)		59		55,633
4.00%, 11/15/49 (Call 05/15/49)^(a)		133		99,707
4.25%, 12/01/26 (Call 09/01/26)		71		68,527
4.50%, 06/10/44 (Call 12/10/43)		94		76,727
5.50%, 12/01/46 (Call 06/01/46)		162		150,359
5.70%, 03/08/33 (Call 12/08/32)^(a)		520		520,244


Security	Par (000)		Value

Pipelines (continued)
Energy Transfer LP 4.15%, 09/15/29 (Call 06/15/29)	$	115	$	105,890
4.40%, 03/15/27 (Call 12/15/26)		274		262,624
4.95%, 05/15/28 (Call 02/15/28)		341		331,353
5.00%, 05/15/44 (Call 11/15/43)		1,145		934,778
5.00%, 05/15/50 (Call 11/15/49)		395		325,045
5.40%, 10/01/47 (Call 04/01/47)		25		21,530
5.75%, 02/15/33 (Call 11/15/32)		70		69,520
6.00%, 06/15/48 (Call 12/15/47)		100		92,353
6.25%, 04/15/49 (Call 10/15/48)		310		296,317
6.63%, 10/15/36		100		102,272
7.50%, 07/01/38		120		130,324
Enterprise Products Operating LLC 2.80%, 01/31/30 (Call 10/31/29)		110		95,376
3.30%, 02/15/53 (Call 08/15/52)^(a)		5		3,421
3.70%, 01/31/51 (Call 07/31/50)		135		98,808
3.95%, 01/31/60 (Call 07/31/59)		139		102,785
4.15%, 10/16/28 (Call 07/16/28)		129		123,238
4.20%, 01/31/50 (Call 07/31/49)		234		187,270
4.25%, 02/15/48 (Call 08/15/47)		68		55,398
4.45%, 02/15/43 (Call 08/15/42)		160		135,958
4.80%, 02/01/49 (Call 08/01/48)		168		147,615
4.85%, 08/15/42 (Call 02/15/42)		176		157,955
4.85%, 03/15/44 (Call 09/15/43)		227		202,584
4.90%, 05/15/46 (Call 11/15/45)		142		125,931
4.95%, 10/15/54 (Call 04/15/54)		135		119,596
5.10%, 02/15/45 (Call 08/15/44)		307		281,442
5.38%, 02/15/78 (Call 02/15/28), (3-mo. SOFR + 2.832%)^(b)		362		300,847
5.70%, 02/15/42		100		98,420
5.95%, 02/01/41		161		164,492
6.13%, 10/15/39		130		135,110
6.45%, 09/01/40		224		237,993
7.55%, 04/15/38		110		126,181
Series D, 6.88%, 03/01/33		18		19,970
Series E, 5.25%, 08/16/77 (Call 08/16/27), (3-mo. SOFR + 3.295%)^(b)		184		162,001
Series H, 6.65%, 10/15/34		14		15,145
Kinder Morgan Energy Partners LP 4.70%, 11/01/42 (Call 05/01/42)		49		39,797
5.00%, 08/15/42 (Call 02/15/42)		142		119,121
5.00%, 03/01/43 (Call 09/01/42)		98		82,988
5.40%, 09/01/44 (Call 03/01/44)		143		124,580
5.50%, 03/01/44 (Call 09/01/43)		200		178,502
5.63%, 09/01/41		100		90,809
5.80%, 03/15/35		193		188,781
6.38%, 03/01/41		128		126,601
6.50%, 02/01/37		178		177,838
6.50%, 09/01/39		118		118,812
6.55%, 09/15/40		90		89,348
6.95%, 01/15/38		391		418,397
7.30%, 08/15/33		156		169,597
7.40%, 03/15/31		54		58,475
7.50%, 11/15/40		59		64,257
7.75%, 03/15/32		161		178,034
Kinder Morgan Inc. 3.25%, 08/01/50 (Call 02/01/50)		140		88,164
3.60%, 02/15/51 (Call 08/15/50)		67		45,076
4.30%, 06/01/25 (Call 03/01/25)		314		306,970
4.30%, 03/01/28 (Call 12/01/27)		284		270,669


Security	Par (000)		Value

Pipelines (continued)
5.05%, 02/15/46 (Call 08/15/45)	$	210	$	176,807
5.20%, 06/01/33 (Call 03/01/33)		5		4,789
5.20%, 03/01/48 (Call 09/01/47)		140		120,603
5.30%, 12/01/34 (Call 06/01/34)		341		324,523
5.45%, 08/01/52 (Call 02/01/52)		50		44,659
5.55%, 06/01/45 (Call 12/01/44)		412		372,703
7.75%, 01/15/32		288		321,970
7.80%, 08/01/31		153		170,806
Magellan Midstream Partners LP 3.95%, 03/01/50 (Call 09/01/49)		150		105,029
4.20%, 10/03/47 (Call 04/03/47)		109		80,310
4.25%, 09/15/46 (Call 03/15/46)		27		19,898
4.85%, 02/01/49 (Call 08/01/48)		88		71,393
5.15%, 10/15/43 (Call 04/15/43)		43		36,430
MPLX LP 4.00%, 03/15/28 (Call 12/15/27)		204		191,511
4.13%, 03/01/27 (Call 12/01/26)		506		484,768
4.25%, 12/01/27 (Call 09/01/27)		121		115,182
4.50%, 04/15/38 (Call 10/15/37)		189		160,117
4.70%, 04/15/48 (Call 10/15/47)		358		287,456
4.80%, 02/15/29 (Call 11/15/28)		207		199,370
4.90%, 04/15/58 (Call 10/15/57)		207		164,687
4.95%, 03/14/52 (Call 09/14/51)		120		98,845
5.20%, 03/01/47 (Call 09/01/46)		377		324,891
5.50%, 02/15/49 (Call 08/15/48)		351		312,597
Northwest Pipeline LLC, 4.00%, 04/01/27 (Call 01/01/27)		43		40,918
ONEOK Inc. 2.20%, 09/15/25 (Call 08/15/25)		434		403,985
2.75%, 09/01/24 (Call 08/01/24)		984		953,860
3.10%, 03/15/30 (Call 12/15/29)		233		200,007
3.40%, 09/01/29 (Call 06/01/29)		342		301,836
4.00%, 07/13/27 (Call 04/13/27)		469		443,998
4.35%, 03/15/29 (Call 12/15/28)		330		308,695
4.45%, 09/01/49 (Call 03/01/49)		98		73,490
4.50%, 03/15/50 (Call 09/15/49)		97		72,814
4.55%, 07/15/28 (Call 04/15/28)		438		417,651
4.90%, 03/15/25 (Call 12/15/24)		2,672		2,629,836
4.95%, 07/13/47 (Call 01/06/47)		80		65,763
5.55%, 11/01/26 (Call 10/01/26)		300		300,141
5.65%, 11/01/28 (Call 10/01/28)		300		300,510
5.80%, 11/01/30^(a)		250		250,775
5.85%, 01/15/26 (Call 12/15/25)		447		449,293
6.05%, 09/01/33 (Call 06/01/33)		300		302,379
6.10%, 11/15/32 (Call 08/15/32)		400		406,040
6.35%, 01/15/31 (Call 10/15/30)		145		148,845
6.63%, 09/01/53		125		126,104
7.15%, 01/15/51 (Call 07/15/50)		104		110,101
ONEOK Partners LP 6.13%, 02/01/41 (Call 08/01/40)		206		198,903
6.20%, 09/15/43 (Call 03/15/43)		156		151,258
6.65%, 10/01/36		242		248,587
6.85%, 10/15/37		213		223,075
Plains All American Pipeline LP/PAA Finance Corp. 3.55%, 12/15/29 (Call 09/15/29)		234		205,978
4.70%, 06/15/44 (Call 12/15/43)		81		63,441
4.90%, 02/15/45 (Call 08/15/44)		114		91,128
5.15%, 06/01/42 (Call 12/01/41)		74		61,177
6.65%, 01/15/37		211		214,142


Security	Par (000)		Value

Pipelines (continued)
Sabine Pass Liquefaction LLC 4.20%, 03/15/28 (Call 09/15/27)	$	399	$	378,096
4.50%, 05/15/30 (Call 11/15/29)		87		81,888
5.00%, 03/15/27 (Call 09/15/26)		814		800,219
5.63%, 03/01/25 (Call 12/01/24)		379		377,924
5.88%, 06/30/26 (Call 12/31/25)		647		649,970
Spectra Energy Partners LP 3.38%, 10/15/26 (Call 07/15/26)		293		275,877
3.50%, 03/15/25 (Call 12/15/24)		68		65,665
4.50%, 03/15/45 (Call 09/15/44)		256		205,788
5.95%, 09/25/43 (Call 03/25/43)		231		221,238
Targa Resources Corp. 4.95%, 04/15/52 (Call 10/15/51)		140		113,625
6.25%, 07/01/52 (Call 01/01/52)		25		24,022
6.50%, 02/15/53 (Call 08/15/52)		100		99,992
TC PipeLines LP 3.90%, 05/25/27 (Call 02/25/27)		261		246,441
4.38%, 03/13/25 (Call 12/13/24)		39		38,020
Tennessee Gas Pipeline Co. LLC 7.00%, 03/15/27		222		231,297
7.00%, 10/15/28		171		181,369
7.63%, 04/01/37		15		17,023
Texas Eastern Transmission LP, 7.00%, 07/15/32		508		560,690
TransCanada PipeLines Ltd. 4.10%, 04/15/30 (Call 01/15/30)		88		80,661
4.25%, 05/15/28 (Call 02/15/28)		87		82,844
4.63%, 03/01/34 (Call 12/01/33)		400		361,864
4.75%, 05/15/38 (Call 11/15/37)		101		88,346
4.88%, 05/15/48 (Call 11/15/47)		161		136,810
5.10%, 03/15/49 (Call 09/15/48)^(a)		218		191,343
5.60%, 03/31/34		87		84,234
5.85%, 03/15/36		133		131,909
6.10%, 06/01/40		126		126,837
6.20%, 10/15/37		220		223,078
7.25%, 08/15/38		138		153,433
7.63%, 01/15/39		226		257,138
Transcontinental Gas Pipe Line Co. LLC 3.95%, 05/15/50 (Call 11/15/49)		163		122,284
4.00%, 03/15/28 (Call 12/15/27)		33		31,153
4.45%, 08/01/42 (Call 02/01/42)		100		83,240
4.60%, 03/15/48 (Call 09/15/47)		208		173,549
5.40%, 08/15/41 (Call 02/15/41)		118		110,297
Valero Energy Partners LP, 4.50%, 03/15/28 (Call 12/15/27)		167		160,768
Western Midstream Operating LP 4.05%, 02/01/30 (Call 11/01/29)		270		240,683
4.50%, 03/01/28 (Call 12/01/27)		10		9,421
5.25%, 02/01/50 (Call 08/01/49)		245		197,980
5.30%, 03/01/48 (Call 09/01/47)		130		106,401
5.45%, 04/01/44 (Call 10/01/43)		90		75,492
5.50%, 08/15/48 (Call 02/15/48)		65		53,938
6.15%, 04/01/33 (Call 01/01/33)		405		402,947
Williams Companies Inc. (The) 3.75%, 06/15/27 (Call 03/15/27)		128		120,518
4.85%, 03/01/48 (Call 09/01/47)		148		126,143
4.90%, 01/15/45 (Call 07/15/44)		112		95,411
5.10%, 09/15/45 (Call 03/15/45)		270		237,708
5.40%, 03/04/44 (Call 09/04/43)		182		164,115
5.75%, 06/24/44 (Call 12/24/43)		107		101,554
5.80%, 11/15/43 (Call 05/15/43)		107		102,679


Security	Par (000)		Value

Pipelines (continued)
6.30%, 04/15/40	$	293	$	300,457
8.75%, 03/15/32		86		100,684
Series A, 7.50%, 01/15/31		50		54,706

				37,254,296

Real Estate — 0.4%
Brookfield Asset Management Inc., 4.00%, 01/15/25 (Call 10/15/24)		371		361,061
CBRE Services Inc. 2.50%, 04/01/31 (Call 01/01/31)		563		451,594
4.88%, 03/01/26 (Call 12/01/25)^(a)		3,157		3,087,388
5.95%, 08/15/34		75		74,320

				3,974,363

Real Estate Investment Trusts — 3.7%
Agree LP 2.60%, 06/15/33 (Call 03/15/33)		15		11,398
4.80%, 10/01/32 (Call 07/01/32)		10		9,209
Alexandria Real Estate Equities Inc. 1.88%, 02/01/33 (Call 11/01/32)		415		305,760
2.00%, 05/18/32 (Call 02/18/32)		55		41,662
2.75%, 12/15/29 (Call 09/15/29)		13		11,017
2.95%, 03/15/34 (Call 12/15/33)^(a)		120		94,998
3.00%, 05/18/51 (Call 11/18/50)		220		132,735
3.38%, 08/15/31 (Call 05/15/31)		10		8,621
3.55%, 03/15/52 (Call 09/15/51)		150		102,375
3.95%, 01/15/27 (Call 10/15/26)		61		57,739
3.95%, 01/15/28 (Call 10/15/27)		43		40,358
4.00%, 02/01/50 (Call 08/01/49)		259		193,183
4.30%, 01/15/26 (Call 10/15/25)		120		116,162
4.50%, 07/30/29 (Call 04/30/29)		123		116,413
4.70%, 07/01/30 (Call 04/01/30)		43		40,707
4.85%, 04/15/49 (Call 10/15/48)		100		81,990
4.90%, 12/15/30 (Call 09/15/30)		149		144,160
American Homes 4 Rent LP 3.38%, 07/15/51 (Call 01/15/51)		25		16,042
3.63%, 04/15/32 (Call 01/15/32)		150		128,346
4.25%, 02/15/28 (Call 11/15/27)		60		56,827
4.30%, 04/15/52 (Call 10/15/51)		22		16,960
4.90%, 02/15/29 (Call 11/15/28)		36		34,614
American Tower Corp. 1.88%, 10/15/30 (Call 07/15/30)		200		155,674
2.10%, 06/15/30 (Call 03/15/30)		180		143,806
2.30%, 09/15/31 (Call 06/15/31)		175		136,897
2.40%, 03/15/25 (Call 02/15/25)		76		72,197
2.70%, 04/15/31 (Call 01/15/31)		280		228,760
2.75%, 01/15/27 (Call 11/15/26)		67		61,225
2.90%, 01/15/30 (Call 10/15/29)		281		239,541
2.95%, 01/15/25 (Call 12/15/24)		33		31,733
2.95%, 01/15/51 (Call 07/15/50)^(a)		155		93,654
3.10%, 06/15/50 (Call 12/15/49)		315		196,654
3.13%, 01/15/27 (Call 10/15/26)		518		477,239
3.38%, 10/15/26 (Call 07/15/26)		389		364,582
3.55%, 07/15/27 (Call 04/15/27)		385		356,918
3.60%, 01/15/28 (Call 10/15/27)		330		304,402
3.70%, 10/15/49 (Call 04/15/49)		254		176,947
3.80%, 08/15/29 (Call 05/15/29)		327		297,259
3.95%, 03/15/29 (Call 12/15/28)		127		116,883
4.00%, 06/01/25 (Call 03/01/25)^(a)		305		295,746
4.40%, 02/15/26 (Call 11/15/25)		229		222,762
5.25%, 07/15/28 (Call 06/15/28)		130		127,980


Security	Par (000)		Value

Real Estate Investment Trusts (continued)
5.55%, 07/15/33 (Call 04/15/33)	$	285	$	282,113
AvalonBay Communities Inc. 2.30%, 03/01/30 (Call 12/01/29)		67		55,988
3.20%, 01/15/28 (Call 10/15/27)		13		12,006
3.30%, 06/01/29 (Call 03/01/29)		7		6,337
3.90%, 10/15/46 (Call 04/15/46)		121		91,896
4.15%, 07/01/47 (Call 01/01/47)		35		27,956
4.35%, 04/15/48 (Call 10/18/47)^(a)		25		20,289
5.00%, 02/15/33 (Call 11/15/32)^(a)		490		484,992
Boston Properties LP 2.45%, 10/01/33 (Call 07/01/33)^(a)		260		184,168
2.55%, 04/01/32 (Call 01/01/32)		240		179,772
2.75%, 10/01/26 (Call 07/01/26)		612		552,110
2.90%, 03/15/30 (Call 12/15/29)		76		61,831
3.20%, 01/15/25 (Call 10/15/24)^(a)		112		107,432
3.25%, 01/30/31 (Call 10/30/30)		341		277,639
3.40%, 06/21/29 (Call 03/21/29)		149		127,595
3.65%, 02/01/26 (Call 11/03/25)		523		492,781
4.50%, 12/01/28 (Call 09/01/28)		163		150,436
Brandywine Operating Partnership LP 3.95%, 11/15/27 (Call 08/15/27)		411		338,438
4.55%, 10/01/29 (Call 07/01/29)^(a)		92		72,246
Brixmor Operating Partnership LP 2.50%, 08/16/31 (Call 05/16/31)		35		27,513
3.85%, 02/01/25 (Call 11/01/24)		63		60,763
3.90%, 03/15/27 (Call 12/15/26)		86		79,927
4.05%, 07/01/30 (Call 04/01/30)^(a)		55		49,736
4.13%, 06/15/26 (Call 03/15/26)		159		150,657
4.13%, 05/15/29 (Call 02/15/29)		93		84,607
Camden Property Trust 2.80%, 05/15/30 (Call 02/15/30)^(a)		19		16,492
3.15%, 07/01/29 (Call 04/01/29)		52		46,724
3.35%, 11/01/49 (Call 05/01/49)^(a)		19		13,440
4.10%, 10/15/28 (Call 07/15/28)		31		29,508
Corporate Office Properties LP 2.00%, 01/15/29 (Call 11/15/28)		385		303,546
2.25%, 03/15/26 (Call 02/15/26)		995		898,555
2.75%, 04/15/31 (Call 01/15/31)		132		101,731
2.90%, 12/01/33 (Call 09/01/33)		100		72,201
Crown Castle Inc. 3.25%, 01/15/51 (Call 07/15/50)^(a)		339		220,384
4.75%, 05/15/47 (Call 11/15/46)		153		126,256
5.10%, 05/01/33^(a)		380		365,450
Crown Castle International Corp. 2.10%, 04/01/31 (Call 01/01/31)		402		316,675
2.25%, 01/15/31 (Call 10/15/30)		155		124,339
2.50%, 07/15/31 (Call 04/15/31)		252		203,178
3.10%, 11/15/29 (Call 08/15/29)		230		200,125
3.30%, 07/01/30 (Call 04/01/30)		275		239,041
3.65%, 09/01/27 (Call 06/01/27)		57		53,108
3.70%, 06/15/26 (Call 03/15/26)^(a)		97		92,385
3.80%, 02/15/28 (Call 11/15/27)		1,362		1,267,300
4.00%, 03/01/27 (Call 12/01/26)		103		97,815
4.00%, 11/15/49 (Call 05/15/49)		137		101,080
4.15%, 07/01/50 (Call 01/01/50)		225		169,967
4.30%, 02/15/29 (Call 11/15/28)		1,019		957,646
4.45%, 02/15/26 (Call 11/15/25)		212		206,541
5.20%, 02/15/49 (Call 08/15/48)		174		154,145
CubeSmart LP 2.50%, 02/15/32 (Call 11/15/31)		120		94,556


Security	Par (000)		Value

Real Estate Investment Trusts (continued)
3.00%, 02/15/30 (Call 11/15/29)^(a)	$	20	$	17,066
4.38%, 02/15/29 (Call 11/15/28)		15		14,045
Digital Realty Trust LP 3.60%, 07/01/29 (Call 04/01/29)^(a)		235		211,559
3.70%, 08/15/27 (Call 05/15/27)		112		104,436
4.45%, 07/15/28 (Call 04/15/28)		125		118,350
EPR Properties, 3.60%, 11/15/31 (Call 08/15/31)		50		38,253
Equinix Inc. 1.80%, 07/15/27 (Call 05/15/27)		176		153,780
2.15%, 07/15/30 (Call 04/15/30)		467		376,706
2.50%, 05/15/31 (Call 02/15/31)		325		263,588
2.63%, 11/18/24 (Call 10/18/24)		142		136,870
2.90%, 11/18/26 (Call 09/18/26)		199		184,157
2.95%, 09/15/51 (Call 03/15/51)		179		110,627
3.00%, 07/15/50 (Call 01/15/50)		189		118,656
3.20%, 11/18/29 (Call 08/18/29)		825		723,302
3.40%, 02/15/52 (Call 08/15/51)		150		101,325
ERP Operating LP 2.50%, 02/15/30 (Call 11/15/29)		160		135,766
2.85%, 11/01/26 (Call 08/01/26)^(a)		30		27,944
3.00%, 07/01/29 (Call 04/01/29)		69		61,320
3.25%, 08/01/27 (Call 05/01/27)		53		49,051
3.50%, 03/01/28 (Call 12/01/27)		57		53,172
4.00%, 08/01/47 (Call 02/01/47)		27		20,534
4.15%, 12/01/28 (Call 09/01/28)		28		26,663
4.50%, 06/01/45 (Call 12/01/44)		35		28,613
Essex Portfolio LP 2.65%, 03/15/32 (Call 12/15/31)		220		175,050
2.65%, 09/01/50 (Call 03/01/50)^(a)		30		16,795
3.00%, 01/15/30 (Call 10/15/29)		10		8,526
4.00%, 03/01/29 (Call 12/01/28)		20		18,457
Extra Space Storage LP 2.35%, 03/15/32 (Call 12/15/31)		105		81,597
2.40%, 10/15/31		100		78,477
3.88%, 12/15/27		9		8,390
4.00%, 06/15/29^(a)		9		8,227
5.50%, 07/01/30^(a)		25		24,775
Federal Realty Investment Trust 3.20%, 06/15/29 (Call 03/15/29)		181		156,201
3.25%, 07/15/27 (Call 04/15/27)		120		110,312
3.50%, 06/01/30 (Call 03/01/30)		715		625,225
4.50%, 12/01/44 (Call 06/01/44)		193		149,372
Federal Realty OP LP, 5.38%, 05/01/28		610		601,204
GLP Capital LP/GLP Financing II Inc. 3.25%, 01/15/32 (Call 10/15/31)		75		60,453
4.00%, 01/15/30 (Call 10/15/29)		143		124,956
4.00%, 01/15/31 (Call 10/15/30)		112		95,954
5.30%, 01/15/29 (Call 10/15/28)^(a)		191		180,342
5.75%, 06/01/28 (Call 03/03/28)		158		153,489
Healthcare Trust of America Holdings LP, 3.10%, 02/15/30 (Call 11/15/29)		10		8,527
Healthpeak Properties Inc. 3.00%, 01/15/30 (Call 10/15/29)		343		297,179
3.25%, 07/15/26 (Call 05/15/26)		100		94,578
3.40%, 02/01/25 (Call 11/01/24)^(a)		184		177,862
3.50%, 07/15/29 (Call 04/15/29)		224		201,347
4.00%, 06/01/25 (Call 03/01/25)		208		202,405
6.75%, 02/01/41 (Call 08/01/40)		146		152,526


Security	Par (000)		Value

Real Estate Investment Trusts (continued)
Highwoods Realty LP 3.05%, 02/15/30 (Call 11/15/29)	$	72	$	56,296
4.20%, 04/15/29 (Call 01/15/29)		72		61,392
Host Hotels & Resorts LP
Series E, 4.00%, 06/15/25 (Call 03/15/25)		177		170,918
Series F, 4.50%, 02/01/26 (Call 11/01/25)		496		478,407
Series H, 3.38%, 12/15/29 (Call 09/15/29)		117		99,807
Series I, 3.50%, 09/15/30 (Call 06/15/30)		240		204,737
Series J, 2.90%, 12/15/31 (Call 09/15/31)		90		70,931
Hudson Pacific Properties LP 3.25%, 01/15/30 (Call 10/15/29)		116		78,770
3.95%, 11/01/27 (Call 08/01/27)		119		94,385
4.65%, 04/01/29 (Call 01/01/29)^(a)		17		12,963
5.95%, 02/15/28 (Call 01/15/28)^(a)		40		33,800
Invitation Homes Operating Partnership LP 2.00%, 08/15/31 (Call 05/15/31)		5		3,825
4.15%, 04/15/32 (Call 01/15/32)		105		93,421
Kilroy Realty LP 2.50%, 11/15/32 (Call 08/15/32)		305		215,001
3.05%, 02/15/30 (Call 11/15/29)		115		91,880
3.45%, 12/15/24 (Call 09/15/24)		41		39,529
4.25%, 08/15/29 (Call 05/15/29)		252		218,106
4.38%, 10/01/25 (Call 07/01/25)		188		179,138
4.75%, 12/15/28 (Call 09/15/28)		97		87,354
Kimco Realty Corp. 2.80%, 10/01/26 (Call 07/01/26)		31		28,514
3.30%, 02/01/25 (Call 12/01/24)		59		56,840
3.70%, 10/01/49 (Call 04/01/49)^(a)		88		61,523
3.80%, 04/01/27 (Call 01/01/27)		56		52,410
4.13%, 12/01/46 (Call 06/01/46)		120		87,761
4.25%, 04/01/45 (Call 10/01/44)^(a)		120		92,202
4.45%, 09/01/47 (Call 03/01/47)^(a)		63		49,782
4.60%, 02/01/33 (Call 11/01/32)^(a)		290		266,179
Kite Realty Group LP, 4.00%, 10/01/26 (Call 07/01/26)		70		63,863
Kite Realty Group Trust, 4.75%, 09/15/30 (Call 06/15/30)		25		22,866
Mid-America Apartments LP 1.70%, 02/15/31 (Call 11/15/30)		200		157,642
2.75%, 03/15/30 (Call 12/15/29)		30		25,884
3.95%, 03/15/29 (Call 12/15/28)		20		18,774
NNN REIT Inc. 2.50%, 04/15/30 (Call 01/15/30)^(a)		7		5,792
3.00%, 04/15/52 (Call 10/15/51)^(a)		25		15,131
3.10%, 04/15/50 (Call 10/15/49)		98		60,183
3.50%, 04/15/51 (Call 10/15/50)		90		60,604
4.30%, 10/15/28 (Call 07/15/28)		2		1,877
4.80%, 10/15/48 (Call 04/15/48)		31		25,305
5.60%, 10/15/33		25		24,531
Omega Healthcare Investors Inc. 3.25%, 04/15/33 (Call 01/15/33)		160		119,464
3.38%, 02/01/31 (Call 11/01/30)		112		90,297
3.63%, 10/01/29 (Call 07/01/29)		190		160,901
Physicians Realty LP 2.63%, 11/01/31 (Call 08/01/31)		30		23,288
3.95%, 01/15/28 (Call 10/15/27)		24		21,997
4.30%, 03/15/27 (Call 12/15/26)		107		102,389
Piedmont Operating Partnership LP 2.75%, 04/01/32 (Call 01/01/32)		5		3,366
3.15%, 08/15/30 (Call 05/15/30)^(a)		52		37,547
9.25%, 07/20/28^(a)		10		10,226


Security	Par (000)		Value

Real Estate Investment Trusts (continued)
Prologis LP 2.13%, 04/15/27 (Call 02/15/27)	$	73	$	65,793
2.13%, 10/15/50 (Call 04/15/50)		95		51,530
2.25%, 04/15/30 (Call 01/15/30)		78		65,459
3.00%, 04/15/50 (Call 10/15/49)		253		166,292
3.25%, 10/01/26 (Call 07/01/26)		32		30,236
3.88%, 09/15/28 (Call 06/15/28)^(a)		116		109,626
4.38%, 02/01/29 (Call 11/01/28)		81		78,001
4.38%, 09/15/48 (Call 03/15/48)		55		45,536
4.63%, 01/15/33 (Call 10/15/32)		70		67,139
4.75%, 06/15/33 (Call 03/15/33)		625		598,969
4.88%, 06/15/28 (Call 05/15/28)		125		123,719
5.13%, 01/15/34		150		147,502
5.25%, 06/15/53 (Call 12/15/52)		90		85,721
Public Storage Operating Co. 2.25%, 11/09/31 (Call 08/09/31)^(a)		200		161,906
2.30%, 05/01/31 (Call 02/01/31)		15		12,330
5.35%, 08/01/53		35		34,100
Realty Income Corp. 1.80%, 03/15/33 (Call 12/15/32)		125		91,165
2.85%, 12/15/32 (Call 09/15/32)		300		243,114
3.25%, 06/15/29 (Call 03/15/29)^(a)		11		9,916
3.25%, 01/15/31 (Call 10/15/30)		45		38,859
3.65%, 01/15/28 (Call 10/15/27)		87		81,421
4.65%, 03/15/47 (Call 09/15/46)		68		59,092
4.90%, 07/15/33 (Call 04/15/33)^(a)		200		189,788
5.63%, 10/13/32 (Call 07/13/32)^(a)		345		344,790
Regency Centers LP 2.95%, 09/15/29 (Call 06/15/29)		99		85,560
3.60%, 02/01/27 (Call 11/01/26)		98		92,405
4.13%, 03/15/28 (Call 12/15/27)^(a)		40		37,561
4.40%, 02/01/47 (Call 08/01/46)		127		99,296
4.65%, 03/15/49 (Call 09/15/48)		111		90,005
Sabra Health Care LP 3.20%, 12/01/31 (Call 09/01/31)		96		73,238
3.90%, 10/15/29 (Call 07/15/29)^(a)		67		56,602
5.13%, 08/15/26 (Call 05/15/26)		419		404,938
Simon Property Group LP 2.25%, 01/15/32 (Call 10/15/31)^(a)		530		410,125
2.45%, 09/13/29 (Call 06/13/29)		230		194,706
2.65%, 02/01/32 (Call 12/01/31)^(a)		30		24,107
3.25%, 09/13/49 (Call 03/13/49)^(a)		337		220,186
3.80%, 07/15/50 (Call 01/15/50)^(a)		101		72,849
4.25%, 10/01/44 (Call 04/01/44)		80		62,665
4.25%, 11/30/46 (Call 05/30/46)		146		112,692
4.75%, 03/15/42 (Call 09/15/41)		85		72,381
5.50%, 03/08/33 (Call 12/08/32)		380		373,753
6.75%, 02/01/40 (Call 11/01/39)		111		119,223
SITE Centers Corp. 4.25%, 02/01/26 (Call 11/01/25)		25		23,427
4.70%, 06/01/27 (Call 03/01/27)		50		46,980
Spirit Realty LP 3.40%, 01/15/30 (Call 10/15/29)		38		32,645
4.00%, 07/15/29 (Call 04/15/29)		34		30,533
STORE Capital Corp. 2.70%, 12/01/31 (Call 09/01/31)		10		7,014
4.50%, 03/15/28 (Call 12/15/27)		35		31,317
4.63%, 03/15/29 (Call 12/15/28)		43		36,957


Security	Par (000)		Value

Real Estate Investment Trusts (continued)
Sun Communities Operating LP 4.20%, 04/15/32 (Call 01/15/32)	$	35	$	30,768
5.70%, 01/15/33 (Call 10/15/32)		105		102,484
Tanger Properties LP 3.13%, 09/01/26 (Call 06/01/26)		14		12,741
3.88%, 07/15/27 (Call 04/15/27)		15		13,432
UDR Inc. 1.90%, 03/15/33 (Call 12/15/32)		260		189,738
2.10%, 08/01/32 (Call 05/01/32)		10		7,501
2.10%, 06/15/33 (Call 03/15/33)^(a)		60		44,059
3.00%, 08/15/31 (Call 05/15/31)^(a)		19		15,941
3.20%, 01/15/30 (Call 10/15/29)		41		36,088
4.40%, 01/26/29 (Call 10/26/28)		26		24,332
Ventas Realty LP 2.50%, 09/01/31 (Call 06/01/31)		58		45,706
2.65%, 01/15/25 (Call 12/15/24)^(a)		55		52,433
3.00%, 01/15/30 (Call 10/15/29)		157		133,762
3.25%, 10/15/26 (Call 07/15/26)		69		63,757
3.50%, 02/01/25 (Call 11/01/24)		169		162,681
3.85%, 04/01/27 (Call 01/01/27)		43		40,366
4.00%, 03/01/28 (Call 12/01/27)		101		93,867
4.13%, 01/15/26 (Call 10/15/25)		130		125,099
4.38%, 02/01/45 (Call 08/01/44)		96		73,667
4.40%, 01/15/29 (Call 10/15/28)		246		231,019
4.75%, 11/15/30 (Call 08/15/30)		255		239,187
4.88%, 04/15/49 (Call 10/15/48)		90		73,798
5.70%, 09/30/43 (Call 03/30/43)		116		106,479
VICI Properties LP 4.75%, 02/15/28 (Call 01/15/28)		277		263,665
4.95%, 02/15/30 (Call 12/15/29)		249		234,152
5.13%, 05/15/32 (Call 02/15/32)		384		356,003
5.63%, 05/15/52 (Call 11/15/51)		167		147,124
Welltower Inc. 2.75%, 01/15/32 (Call 10/15/31)		470		379,774
4.00%, 06/01/25 (Call 03/01/25)		213		206,548
6.50%, 03/15/41 (Call 09/15/40)		202		207,216
Welltower OP LLC 2.05%, 01/15/29 (Call 11/15/28)		85		71,218
2.70%, 02/15/27 (Call 12/15/26)		87		79,776
2.75%, 01/15/31 (Call 10/15/30)		235		193,906
2.80%, 06/01/31 (Call 03/01/31)		250		205,992
3.10%, 01/15/30 (Call 10/15/29)		215		186,820
4.13%, 03/15/29 (Call 12/15/28)		235		218,348
4.25%, 04/01/26 (Call 01/01/26)		164		158,785
4.25%, 04/15/28 (Call 01/15/28)		194		183,540
4.95%, 09/01/48 (Call 03/01/48)		140		121,839
Weyerhaeuser Co. 4.00%, 11/15/29 (Call 08/15/29)		171		157,630
4.00%, 04/15/30 (Call 01/15/30)		255		233,039
4.75%, 05/15/26		180		177,142
6.95%, 10/01/27		214		226,968
7.38%, 03/15/32		750		843,982
WP Carey Inc. 2.25%, 04/01/33 (Call 01/01/33)		115		85,612
3.85%, 07/15/29 (Call 04/15/29)		102		91,883

				39,902,394

Retail — 2.4%
Advance Auto Parts Inc. 3.50%, 03/15/32 (Call 12/15/31)^(a)		55		44,232
3.90%, 04/15/30 (Call 01/15/30)^(a)		115		99,473


Security	Par (000)		Value

Retail (continued)
AutoNation Inc. 3.80%, 11/15/27 (Call 08/15/27)	$	171	$	157,676
3.85%, 03/01/32 (Call 12/01/31)		65		54,976
4.50%, 10/01/25 (Call 07/01/25)		122		118,203
4.75%, 06/01/30 (Call 03/01/30)		231		214,941
AutoZone Inc. 3.75%, 04/18/29 (Call 01/18/29)		74		68,154
4.00%, 04/15/30 (Call 01/15/30)		4		3,703
5.05%, 07/15/26		20		19,868
5.20%, 08/01/33 (Call 05/01/33)		45		43,960
Best Buy Co. Inc. 1.95%, 10/01/30 (Call 07/01/30)^(a)		2,460		1,971,149
4.45%, 10/01/28 (Call 07/01/28)^(a)		2,249		2,175,143
Costco Wholesale Corp. 1.60%, 04/20/30 (Call 01/20/30)		73		60,213
1.75%, 04/20/32 (Call 01/20/32)		51		40,463
Darden Restaurants Inc., 4.55%, 02/15/48 (Call 08/15/47)^(a)		61		49,654
Dollar General Corp., 4.13%, 04/03/50 (Call 10/03/49)		77		56,918
Dollar Tree Inc. 3.38%, 12/01/51 (Call 06/01/51)		90		58,216
4.20%, 05/15/28 (Call 02/15/28)		88		83,451
Home Depot Inc. (The) 1.88%, 09/15/31 (Call 06/15/31)		105		84,432
2.13%, 09/15/26 (Call 06/15/26)		144		132,798
2.38%, 03/15/51 (Call 09/15/50)		130		77,156
2.50%, 04/15/27 (Call 02/15/27)		175		161,728
2.70%, 04/15/30 (Call 01/15/30)		512		449,910
2.75%, 09/15/51 (Call 03/15/51)		115		73,944
2.80%, 09/14/27 (Call 06/14/27)^(a)		560		520,010
2.95%, 06/15/29 (Call 03/15/29)		1,226		1,113,735
3.00%, 04/01/26 (Call 01/01/26)		305		291,312
3.13%, 12/15/49 (Call 06/15/49)		167		117,000
3.25%, 04/15/32 (Call 01/15/32)		410		364,158
3.30%, 04/15/40 (Call 10/15/39)		106		83,679
3.35%, 09/15/25 (Call 06/15/25)		383		369,974
3.35%, 04/15/50 (Call 10/15/49)		237		172,932
3.50%, 09/15/56 (Call 03/15/56)		274		200,661
3.63%, 04/15/52 (Call 10/15/51)		205		155,989
3.90%, 12/06/28 (Call 09/06/28)		568		546,024
3.90%, 06/15/47 (Call 12/15/46)		231		187,572
4.20%, 04/01/43 (Call 10/01/42)		195		170,387
4.25%, 04/01/46 (Call 10/01/45)		423		362,435
4.40%, 03/15/45 (Call 09/15/44)		318		278,317
4.50%, 09/15/32 (Call 06/15/32)^(a)		400		390,404
4.50%, 12/06/48 (Call 06/06/48)		296		264,615
4.88%, 02/15/44 (Call 08/15/43)		337		318,957
4.95%, 09/15/52 (Call 03/15/52)^(a)		60		57,290
5.40%, 09/15/40 (Call 03/15/40)		252		253,419
5.88%, 12/16/36		811		870,098
5.95%, 04/01/41 (Call 10/01/40)		155		166,310
Lowe’s Companies Inc. 1.70%, 10/15/30 (Call 07/15/30)^(a)		175		138,924
2.50%, 04/15/26 (Call 01/15/26)		118		110,240
2.63%, 04/01/31 (Call 01/01/31)^(a)		362		303,341
3.00%, 10/15/50 (Call 04/15/50)		300		189,816
3.10%, 05/03/27 (Call 02/03/27)		152		141,514
3.13%, 09/15/24 (Call 06/15/24)		216		210,803
3.38%, 09/15/25 (Call 06/15/25)		107		102,711
3.65%, 04/05/29 (Call 01/05/29)		100		92,851


Security	Par (000)		Value

Retail (continued)
3.70%, 04/15/46 (Call 10/15/45)	$	327	$	244,495
3.75%, 04/01/32 (Call 01/01/32)^(a)		415		371,886
4.00%, 04/15/25 (Call 03/15/25)		45		43,987
4.05%, 05/03/47 (Call 11/03/46)		357		278,564
4.25%, 04/01/52 (Call 10/01/51)		260		205,096
4.38%, 09/15/45 (Call 03/15/45)		200		164,156
4.45%, 04/01/62 (Call 10/01/61)		340		265,254
4.50%, 04/15/30 (Call 01/15/30)		302		290,754
4.55%, 04/05/49 (Call 10/05/48)		107		89,773
4.65%, 04/15/42 (Call 10/15/41)		266		232,681
5.00%, 04/15/33 (Call 01/15/33)^(a)		310		302,557
5.00%, 04/15/40 (Call 10/15/39)		84		77,624
5.13%, 04/15/50 (Call 10/15/49)		190		173,753
5.50%, 10/15/35		303		304,845
5.63%, 04/15/53 (Call 10/15/52)		75		72,806
5.80%, 09/15/62 (Call 03/15/62)		200		193,162
5.85%, 04/01/63 (Call 10/01/62)		110		107,271
6.50%, 03/15/29		57		61,087
McDonald’s Corp. 2.13%, 03/01/30 (Call 12/01/29)		68		57,348
2.63%, 09/01/29 (Call 06/01/29)		11		9,732
3.50%, 07/01/27 (Call 05/01/27)		123		116,749
3.63%, 09/01/49 (Call 03/01/49)		340		256,578
3.70%, 02/15/42		54		42,770
4.20%, 04/01/50 (Call 10/01/49)		57		47,321
4.45%, 03/01/47 (Call 09/01/46)		183		158,335
4.45%, 09/01/48 (Call 03/01/48)		90		78,253
4.60%, 05/26/45 (Call 11/26/44)		144		127,374
4.70%, 12/09/35 (Call 06/09/35)		92		87,863
4.88%, 07/15/40		118		109,428
4.88%, 12/09/45 (Call 06/09/45)		474		437,170
4.95%, 08/14/33		50		49,514
5.15%, 09/09/52 (Call 03/09/52)		40		38,285
5.45%, 08/14/53 (Call 02/14/53)		100		99,991
5.70%, 02/01/39		117		118,801
6.30%, 10/15/37		202		219,420
6.30%, 03/01/38		197		214,669
O’Reilly Automotive Inc. 3.90%, 06/01/29 (Call 03/01/29)		72		67,589
4.20%, 04/01/30 (Call 01/01/30)		44		41,258
Starbucks Corp. 2.25%, 03/12/30 (Call 12/12/29)		26		21,922
3.35%, 03/12/50 (Call 09/12/49)		192		134,918
3.50%, 03/01/28 (Call 12/01/27)		84		78,812
3.50%, 11/15/50 (Call 05/15/50)		309		223,611
3.55%, 08/15/29 (Call 05/15/29)		47		43,538
3.75%, 12/01/47 (Call 06/01/47)		153		116,242
4.00%, 11/15/28 (Call 08/15/28)		40		38,308
4.30%, 06/15/45 (Call 12/15/44)		107		89,489
4.45%, 08/15/49 (Call 02/15/49)		223		189,276
4.50%, 11/15/48 (Call 05/15/48)		252		215,954
Target Corp. 2.25%, 04/15/25 (Call 03/15/25)		568		542,724
2.35%, 02/15/30 (Call 11/15/29)^(a)		136		117,051
2.50%, 04/15/26		305		288,859
2.65%, 09/15/30 (Call 06/15/30)		170		147,776
3.38%, 04/15/29 (Call 01/15/29)^(a)		172		160,779
3.63%, 04/15/46^(a)		381		298,700
3.90%, 11/15/47 (Call 05/15/47)		126		103,121
4.00%, 07/01/42		315		273,870


Security	Par (000)		Value

Retail (continued)
4.50%, 09/15/32 (Call 06/15/32)^(a)	$	135	$	130,132
6.35%, 11/01/32		355		386,062
6.50%, 10/15/37		275		305,783
7.00%, 01/15/38		145		168,245
TJX Companies Inc. (The) 2.25%, 09/15/26 (Call 06/15/26)		166		153,070
3.88%, 04/15/30 (Call 01/15/30)		102		96,234
4.50%, 04/15/50 (Call 10/15/49)		214		192,454
Tractor Supply Co. 1.75%, 11/01/30 (Call 08/01/30)		621		485,821
5.25%, 05/15/33 (Call 02/15/33)		140		136,916
Walgreens Boots Alliance Inc. 4.10%, 04/15/50 (Call 10/15/49)		206		140,529
4.80%, 11/18/44 (Call 05/18/44)		255		199,040

				26,183,274

Semiconductors — 3.1%
Analog Devices Inc., 5.30%, 12/15/45 (Call 06/15/45)^(a)		12		11,583
Applied Materials Inc. 1.75%, 06/01/30 (Call 03/01/30)		130		106,981
2.75%, 06/01/50 (Call 12/01/49)^(a)		182		123,878
3.30%, 04/01/27 (Call 01/01/27)		462		438,886
3.90%, 10/01/25 (Call 07/01/25)		208		202,783
4.35%, 04/01/47 (Call 10/01/46)		301		270,695
5.10%, 10/01/35 (Call 04/01/35)		211		214,091
5.85%, 06/15/41		227		242,370
Broadcom Inc. 2.60%, 02/15/33 (Call 11/15/32)^(c)		125		96,519
3.14%, 11/15/35 (Call 08/15/35)^(c)		462		352,192
3.19%, 11/15/36 (Call 08/15/36)^(c)		229		172,116
3.42%, 04/15/33 (Call 01/15/33)^(c)		486		401,995
3.47%, 04/15/34 (Call 01/15/34)^(c)		492		401,890
3.50%, 02/15/41 (Call 08/15/40)^(c)		525		384,258
3.75%, 02/15/51 (Call 08/15/50)^(c)		707		504,961
4.15%, 11/15/30 (Call 08/15/30)		53		48,415
4.15%, 04/15/32 (Call 01/15/32)^(c)		55		49,261
4.30%, 11/15/32 (Call 08/15/32)		230		207,837
4.93%, 05/15/37 (Call 02/15/37)^(a)(c)		665		598,181
5.00%, 04/15/30 (Call 01/15/30)^(a)		172		169,145
Intel Corp. 1.60%, 08/12/28 (Call 06/12/28)		45		38,673
2.45%, 11/15/29 (Call 08/15/29)		139		120,628
2.60%, 05/19/26 (Call 02/19/26)		641		603,963
3.05%, 08/12/51 (Call 02/12/51)		190		122,892
3.10%, 02/15/60 (Call 08/15/59)		137		85,119
3.15%, 05/11/27 (Call 02/11/27)		488		456,875
3.20%, 08/12/61 (Call 02/12/61)		133		83,043
3.25%, 11/15/49 (Call 05/15/49)		398		270,369
3.40%, 03/25/25 (Call 02/25/25)		727		705,779
3.70%, 07/29/25 (Call 04/29/25)		943		916,021
3.73%, 12/08/47 (Call 06/08/47)		288		217,829
3.75%, 03/25/27 (Call 01/25/27)		397		381,124
3.90%, 03/25/30 (Call 12/25/29)		45		42,089
4.00%, 12/15/32^(a)		385		355,971
4.10%, 05/19/46 (Call 11/19/45)		121		98,874
4.10%, 05/11/47 (Call 11/11/46)		175		142,221
4.15%, 08/05/32 (Call 05/05/32)^(a)		100		94,061
4.25%, 12/15/42^(a)		247		208,421
4.60%, 03/25/40 (Call 09/25/39)		91		82,734
4.75%, 03/25/50 (Call 09/25/49)		469		411,200
4.80%, 10/01/41		255		232,083


Security	Par (000)		Value

Semiconductors (continued)
4.88%, 02/10/26	$	125	$	124,314
4.90%, 07/29/45 (Call 01/29/45)^(a)		390		377,629
4.90%, 08/05/52 (Call 02/05/52)		270		243,359
4.95%, 03/25/60 (Call 09/25/59)		309		278,029
5.05%, 08/05/62 (Call 02/05/62)		137		121,807
5.20%, 02/10/33 (Call 11/10/32)		780		778,651
5.70%, 02/10/53 (Call 08/10/52)^(a)		350		346,423
5.90%, 02/10/63 (Call 08/10/62)		205		205,410
KLA Corp. 4.95%, 07/15/52 (Call 01/15/52)		40		37,709
5.00%, 03/15/49 (Call 09/15/48)		10		9,431
5.25%, 07/15/62 (Call 01/15/62)		155		150,317
Lam Research Corp. 1.90%, 06/15/30 (Call 03/15/30)		775		639,972
2.88%, 06/15/50 (Call 12/15/49)		226		150,993
3.13%, 06/15/60 (Call 12/15/59)		202		132,264
3.75%, 03/15/26 (Call 01/15/26)		614		595,261
3.80%, 03/15/25 (Call 12/15/24)		374		365,282
4.00%, 03/15/29 (Call 12/15/28)		623		597,177
4.88%, 03/15/49 (Call 09/15/48)		261		244,834
Marvell Technology Inc., 2.95%, 04/15/31 (Call 01/15/31)		75		62,581
Micron Technology Inc. 2.70%, 04/15/32 (Call 01/15/32)		90		70,839
3.48%, 11/01/51 (Call 05/01/51)		215		139,148
4.66%, 02/15/30 (Call 11/15/29)		10		9,365
5.33%, 02/06/29 (Call 11/06/28)		131		128,342
5.88%, 02/09/33 (Call 11/09/32)		180		178,198
NVIDIA Corp. 2.00%, 06/15/31 (Call 03/15/31)^(a)		1,778		1,470,833
2.85%, 04/01/30 (Call 01/01/30)		1,964		1,761,354
3.20%, 09/16/26 (Call 06/16/26)		5,685		5,426,844
NXP BV/NXP Funding LLC 5.35%, 03/01/26 (Call 01/01/26)		20		19,872
5.55%, 12/01/28 (Call 09/01/28)^(a)		415		415,988
NXP BV/NXP Funding LLC/NXP USA Inc. 2.50%, 05/11/31 (Call 02/11/31)		353		285,312
2.65%, 02/15/32 (Call 11/15/31)		225		180,097
2.70%, 05/01/25 (Call 04/01/25)		80		76,176
3.13%, 02/15/42 (Call 08/15/41)		65		44,497
3.15%, 05/01/27 (Call 03/01/27)		87		80,580
3.25%, 05/11/41 (Call 11/11/40)		185		131,579
3.25%, 11/30/51 (Call 05/30/51)		240		154,699
3.40%, 05/01/30 (Call 02/01/30)		125		109,845
4.30%, 06/18/29 (Call 03/18/29)		252		236,081
5.00%, 01/15/33 (Call 10/15/32)		245		232,407
Qorvo Inc., 4.38%, 10/15/29 (Call 10/15/24)		45		40,743
QUALCOMM Inc. 4.30%, 05/20/47 (Call 11/20/46)		265		229,371
4.50%, 05/20/52 (Call 11/20/51)		175		152,469
4.65%, 05/20/35 (Call 11/20/34)^(a)		60		58,834
4.80%, 05/20/45 (Call 11/20/44)		222		209,437
6.00%, 05/20/53 (Call 11/20/52)		180		193,795
Texas Instruments Inc. 1.38%, 03/12/25 (Call 02/12/25)		1,008		951,058
1.75%, 05/04/30 (Call 02/04/30)		830		690,519
1.90%, 09/15/31 (Call 06/15/31)		300		244,338
2.25%, 09/04/29 (Call 06/04/29)		823		716,520
2.70%, 09/15/51 (Call 03/15/51)		293		193,333
2.90%, 11/03/27 (Call 08/03/27)		518		481,756


Security	Par (000)		Value

Semiconductors (continued)
3.65%, 08/16/32 (Call 05/16/32)	$	500	$	456,405
3.88%, 03/15/39 (Call 09/15/38)		147		127,112
4.15%, 05/15/48 (Call 11/15/47)		469		406,792
4.60%, 02/15/28 (Call 01/15/28)		695		691,483
5.05%, 05/18/63		85		81,425
TSMC Arizona Corp.
2.50%, 10/25/31 (Call 07/25/31)		370		307,359
3.25%, 10/25/51 (Call 04/25/51)		355		256,882
4.13%, 04/22/29 (Call 02/22/29)		50		47,711
4.25%, 04/22/32 (Call 01/22/32)		315		298,737
4.50%, 04/22/52 (Call 10/22/51)		290		264,271

				34,381,855

Shipbuilding — 0.1%
Huntington Ingalls Industries Inc.
2.04%, 08/16/28 (Call 06/16/28)		210		178,113
3.48%, 12/01/27 (Call 09/01/27)		234		215,624
3.84%, 05/01/25 (Call 04/01/25)		137		132,589
4.20%, 05/01/30 (Call 02/01/30)		270		249,672

				775,998

Software — 3.9%
Activision Blizzard Inc.
2.50%, 09/15/50 (Call 03/15/50)		287		182,509
3.40%, 06/15/27 (Call 03/15/27)		45		42,532
4.50%, 06/15/47 (Call 12/15/46)		82		75,303
Adobe Inc.
1.90%, 02/01/25 (Call 01/01/25)		379		362,358
2.15%, 02/01/27 (Call 12/01/26)		1,090		1,000,674
2.30%, 02/01/30 (Call 11/01/29)		3,064		2,657,683
3.25%, 02/01/25 (Call 11/01/24)		2,841		2,765,941
Autodesk Inc.
2.40%, 12/15/31 (Call 09/15/31)		1,280		1,038,336
2.85%, 01/15/30 (Call 10/15/29)		272		237,021
3.50%, 06/15/27 (Call 03/15/27)		1,013		957,011
4.38%, 06/15/25 (Call 03/15/25)		753		738,445
Broadridge Financial Solutions Inc., 2.60%, 05/01/31 (Call 02/01/31)		20		16,320
Cadence Design Systems Inc., 4.38%, 10/15/24 (Call 07/15/24)^(a)		671		661,942
Electronic Arts Inc.
1.85%, 02/15/31 (Call 11/15/30)		345		275,890
2.95%, 02/15/51 (Call 08/15/50)		355		228,815
4.80%, 03/01/26 (Call 12/01/25)^(a)		64		63,290
Fidelity National Information Services Inc.
4.50%, 08/15/46 (Call 02/15/46)		47		37,367
5.10%, 07/15/32 (Call 04/15/32)^(a)		510		499,708
5.63%, 07/15/52 (Call 01/15/52)		140		132,790
Fiserv Inc.
4.40%, 07/01/49 (Call 01/01/49)		377		307,236
5.38%, 08/21/28		100		100,279
5.63%, 08/21/33 (Call 05/21/33)		175		176,271
Intuit Inc., 1.65%, 07/15/30 (Call 04/15/30)^(a)		135		108,572
Microsoft Corp.
2.40%, 08/08/26 (Call 05/08/26)		2,391		2,241,515
2.53%, 06/01/50 (Call 12/01/49)		326		215,470
2.68%, 06/01/60 (Call 12/01/59)		462		296,853
2.70%, 02/12/25 (Call 11/12/24)		2,616		2,529,803
2.92%, 03/17/52 (Call 09/17/51)		703		498,209
3.04%, 03/17/62 (Call 09/17/61)		265		183,009
3.13%, 11/03/25 (Call 08/03/25)		2,419		2,334,480


Security	Par (000)		Value

Software (continued)
3.30%, 02/06/27 (Call 11/06/26)	$	2,306	$	2,215,605
3.45%, 08/08/36 (Call 02/08/36)		543		482,716
3.50%, 02/12/35 (Call 08/12/34)		1,552		1,410,411
3.50%, 11/15/42		120		100,302
3.95%, 08/08/56 (Call 02/08/56)		310		265,527
4.00%, 02/12/55 (Call 08/12/54)		495		432,585
4.10%, 02/06/37 (Call 08/06/36)		470		446,312
4.20%, 11/03/35 (Call 05/03/35)		255		246,228
4.25%, 02/06/47 (Call 08/06/46)		460		426,972
4.45%, 11/03/45 (Call 05/03/45)^(a)		120		114,030
4.50%, 10/01/40^(a)		15		14,671
4.50%, 02/06/57 (Call 08/06/56)		170		159,530
5.30%, 02/08/41^(a)		130		137,671
Oracle Corp.
2.95%, 04/01/30 (Call 01/01/30)		120		103,880
3.25%, 05/15/30 (Call 02/15/30)		77		67,819
3.60%, 04/01/40 (Call 10/01/39)		220		166,432
3.60%, 04/01/50 (Call 10/01/49)		759		522,534
3.80%, 11/15/37 (Call 05/15/37)		62		49,875
3.85%, 07/15/36 (Call 01/15/36)		339		280,241
3.85%, 04/01/60 (Call 10/01/59)		742		502,861
3.90%, 05/15/35 (Call 11/15/34)		364		310,368
3.95%, 03/25/51 (Call 09/25/50)		624		455,046
4.00%, 07/15/46 (Call 01/15/46)		761		570,613
4.00%, 11/15/47 (Call 05/15/47)		503		375,173
4.10%, 03/25/61 (Call 09/25/60)		372		264,235
4.13%, 05/15/45 (Call 11/15/44)		501		386,912
4.30%, 07/08/34 (Call 01/08/34)		535		479,472
4.38%, 05/15/55 (Call 11/15/54)		422		323,687
4.50%, 07/08/44 (Call 01/08/44)		232		190,064
4.90%, 02/06/33 (Call 11/06/32)		75		71,620
5.38%, 07/15/40		476		443,603
5.55%, 02/06/53 (Call 08/06/52)		415		385,684
6.13%, 07/08/39		356		360,507
6.25%, 11/09/32 (Call 08/09/32)		620		648,774
6.50%, 04/15/38		359		378,285
6.90%, 11/09/52 (Call 05/09/52)		415		451,790
Roper Technologies Inc.
2.35%, 09/15/24 (Call 08/15/24)		54		52,160
2.95%, 09/15/29 (Call 06/15/29)		6		5,301
3.80%, 12/15/26 (Call 09/15/26)		64		61,076
3.85%, 12/15/25 (Call 09/15/25)		112		108,138
4.20%, 09/15/28 (Call 06/15/28)		4		3,811
salesforce.com Inc.
2.90%, 07/15/51 (Call 01/15/51)		388		259,502
3.70%, 04/11/28 (Call 01/11/28)		4,709		4,509,009
ServiceNow Inc., 1.40%, 09/01/30 (Call 06/01/30)		350		275,275
VMware Inc.
3.90%, 08/21/27 (Call 05/21/27)		737		693,628
4.50%, 05/15/25 (Call 04/15/25)		90		88,115
4.65%, 05/15/27 (Call 03/15/27)		177		171,984
4.70%, 05/15/30 (Call 02/15/30)		732		689,398
Workday Inc.
3.50%, 04/01/27 (Call 03/01/27)		60		56,669
3.70%, 04/01/29 (Call 02/01/29)		455		420,293
3.80%, 04/01/32 (Call 01/01/32)		591		524,176

				43,126,202

Telecommunications — 3.9%
America Movil SAB de CV
2.88%, 05/07/30 (Call 02/07/30)		50		43,133


Security	Par (000)		Value

Telecommunications (continued)
4.38%, 07/16/42	$	85	$	72,056
4.38%, 04/22/49 (Call 10/22/48)^(a)		230		194,200
4.70%, 07/21/32 (Call 04/21/32)		240		228,535
6.13%, 11/15/37		85		88,674
6.13%, 03/30/40		395		409,512
6.38%, 03/01/35		210		226,296
AT&T Inc.
3.30%, 02/01/52 (Call 08/01/51)^(a)		330		215,002
3.50%, 09/15/53 (Call 03/15/53)		1,195		786,441
3.50%, 02/01/61 (Call 08/01/60)		280		180,390
3.55%, 09/15/55 (Call 03/15/55)		1,285		838,540
3.65%, 06/01/51 (Call 12/01/50)		530		362,509
3.65%, 09/15/59 (Call 03/15/59)		1,033		668,485
3.80%, 12/01/57 (Call 06/01/57)		1,078		725,796
3.85%, 06/01/60 (Call 12/01/59)		382		259,695
4.30%, 02/15/30 (Call 11/15/29)		57		53,124
4.30%, 12/15/42 (Call 06/15/42)		305		247,157
4.35%, 06/15/45 (Call 12/15/44)		227		178,876
4.50%, 05/15/35 (Call 11/15/34)		594		527,288
4.50%, 03/09/48 (Call 09/09/47)		316		252,152
4.55%, 03/09/49 (Call 09/09/48)		286		229,632
4.65%, 06/01/44 (Call 12/01/43)		27		22,303
4.75%, 05/15/46 (Call 11/15/45)		353		293,551
4.80%, 06/15/44 (Call 12/15/43)		177		149,846
4.85%, 03/01/39 (Call 09/01/38)		242		215,029
4.85%, 07/15/45 (Call 01/15/45)		25		21,134
4.90%, 08/15/37 (Call 02/14/37)		83		75,100
5.15%, 03/15/42^(a)		102		92,290
5.15%, 11/15/46 (Call 05/15/46)^(a)		180		157,941
5.15%, 02/15/50 (Call 08/14/49)		186		163,996
5.25%, 03/01/37 (Call 09/01/36)		368		348,382
5.35%, 09/01/40^(a)		202		188,080
5.40%, 02/15/34		345		334,992
5.45%, 03/01/47 (Call 09/01/46)		135		124,979
5.55%, 08/15/41		162		152,889
5.65%, 02/15/47 (Call 08/15/46)^(a)		290		278,029
5.70%, 03/01/57 (Call 09/01/56)^(a)		149		144,044
6.00%, 08/15/40 (Call 05/15/40)^(a)		193		193,071
6.30%, 01/15/38		65		66,491
6.38%, 03/01/41		40		41,162
6.55%, 02/15/39		5		5,203
Bell Telephone Co. of Canada or Bell Canada (The)
3.65%, 08/15/52 (Call 02/15/52)		70		49,946
4.30%, 07/29/49 (Call 01/29/49)		28		22,321
4.46%, 04/01/48 (Call 10/01/47)		96		78,731
Series US-6, 3.20%, 02/15/52 (Call 08/15/51)		70		45,902
British Telecommunications PLC
5.13%, 12/04/28 (Call 09/04/28)		357		349,428
9.13%, 12/15/30		1,416		1,724,263
Cisco Systems Inc.
2.50%, 09/20/26 (Call 06/20/26)		694		649,577
2.95%, 02/28/26^(a)		298		285,871
3.50%, 06/15/25		276		268,498
5.50%, 01/15/40		544		564,324
5.90%, 02/15/39		657		711,800
Corning Inc.
3.90%, 11/15/49 (Call 05/15/49)		54		40,245
4.38%, 11/15/57 (Call 05/15/57)^(a)		225		181,816
4.70%, 03/15/37^(a)		25		22,955
5.35%, 11/15/48 (Call 05/15/48)		56		52,707


Security	Par (000)		Value

Telecommunications (continued)
5.45%, 11/15/79 (Call 05/19/79)	$	212	$	190,005
5.75%, 08/15/40^(a)		70		69,096
5.85%, 11/15/68 (Call 05/15/68)^(a)		28		26,688
Deutsche Telekom International Finance BV
8.75%, 06/15/30		335		393,987
9.25%, 06/01/32		10		12,576
Juniper Networks Inc.
3.75%, 08/15/29 (Call 05/15/29)^(a)		22		19,996
5.95%, 03/15/41		75		71,250
Koninklijke KPN NV, 8.38%, 10/01/30		1,024		1,164,769
Motorola Solutions Inc.
2.30%, 11/15/30 (Call 08/15/30)		115		91,492
4.00%, 09/01/24		92		89,996
4.60%, 02/23/28 (Call 11/23/27)		206		199,680
4.60%, 05/23/29 (Call 02/23/29)		117		112,704
5.50%, 09/01/44		115		105,653
5.60%, 06/01/32 (Call 03/01/32)		120		118,192
Nokia OYJ, 4.38%, 06/12/27		910		858,221
Orange SA
5.38%, 01/13/42		180		172,440
5.50%, 02/06/44 (Call 08/06/43)		170		165,789
9.00%, 03/01/31		852		1,032,973
Rogers Communications Inc.
2.90%, 11/15/26 (Call 08/15/26)		56		51,562
3.63%, 12/15/25 (Call 09/15/25)		209		198,882
3.70%, 11/15/49 (Call 05/15/49)^(a)		265		179,628
4.30%, 02/15/48 (Call 08/15/47)		178		132,605
4.35%, 05/01/49 (Call 11/01/48)		293		221,461
4.50%, 03/15/43 (Call 09/15/42)^(a)		90		71,767
4.55%, 03/15/52		145		112,224
5.00%, 03/15/44 (Call 09/15/43)		262		222,441
5.45%, 10/01/43 (Call 04/01/43)		165		147,581
7.50%, 08/15/38		252		271,283
Sprint Capital Corp., 8.75%, 03/15/32		150		178,729
Telefonica Emisiones SA
4.10%, 03/08/27		634		603,479
4.90%, 03/06/48		215		171,609
5.21%, 03/08/47		508		425,922
5.52%, 03/01/49 (Call 09/01/48)		190		165,819
7.05%, 06/20/36		571		609,360
Telefonica Europe BV, 8.25%, 09/15/30		259		295,314
TELUS Corp.
2.80%, 02/16/27 (Call 11/16/26)		987		914,475
3.70%, 09/15/27 (Call 06/15/27)		731		687,513
4.30%, 06/15/49 (Call 12/15/48)		87		67,652
4.60%, 11/16/48 (Call 05/16/48)		289		238,659
T-Mobile USA Inc.
2.63%, 02/15/29 (Call 02/15/24)		5		4,332
2.88%, 02/15/31 (Call 02/15/26)		420		353,459
3.00%, 02/15/41 (Call 08/15/40)		230		162,132
3.30%, 02/15/51 (Call 08/15/50)		666		446,173
3.38%, 04/15/29 (Call 04/15/24)		60		53,812
3.40%, 10/15/52 (Call 04/15/52)		505		341,824
3.50%, 04/15/31 (Call 04/15/26)		840		733,446
3.60%, 11/15/60 (Call 05/15/60)		536		358,589
3.88%, 04/15/30 (Call 01/15/30)		512		466,304
4.38%, 04/15/40 (Call 10/15/39)		285		244,581
4.50%, 04/15/50 (Call 10/15/49)		720		594,605
5.20%, 01/15/33 (Call 10/15/32)		57		55,860
5.65%, 01/15/53 (Call 07/15/52)		265		258,227


Security	Par (000)		Value

Telecommunications (continued)
5.75%, 01/15/54	$	120	$	118,543
5.80%, 09/15/62 (Call 03/15/62)		235		227,835
Verizon Communications Inc.
2.36%, 03/15/32 (Call 12/15/31)		80		63,268
2.55%, 03/21/31 (Call 12/21/30)		360		296,258
2.63%, 08/15/26		41		38,183
2.88%, 11/20/50 (Call 05/20/50)^(a)		521		319,399
2.99%, 10/30/56 (Call 04/30/56)		883		527,372
3.00%, 03/22/27 (Call 01/22/27)		115		106,902
3.00%, 11/20/60 (Call 05/20/60)		507		297,660
3.15%, 03/22/30 (Call 12/22/29)		98		85,883
3.38%, 02/15/25		369		357,889
3.55%, 03/22/51 (Call 09/22/50)		740		517,378
3.70%, 03/22/61 (Call 09/22/60)^(a)		823		559,689
3.85%, 11/01/42 (Call 05/01/42)		188		145,877
3.88%, 02/08/29 (Call 11/08/28)		17		15,869
4.00%, 03/22/50 (Call 09/22/49)		56		42,811
4.02%, 12/03/29 (Call 09/03/29)		24		22,289
4.13%, 03/16/27		204		196,464
4.13%, 08/15/46		215		170,921
4.27%, 01/15/36		700		621,236
4.33%, 09/21/28		96		91,917
4.40%, 11/01/34 (Call 05/01/34)		708		640,627
4.50%, 08/10/33		548		506,319
4.52%, 09/15/48		260		218,353
4.67%, 03/15/55		265		223,347
4.75%, 11/01/41		226		203,237
4.81%, 03/15/39		363		329,495
4.86%, 08/21/46		692		608,019
5.01%, 04/15/49^(a)		95		86,916
5.01%, 08/21/54		215		190,948
5.05%, 05/09/33		125		121,230
5.25%, 03/16/37		827		805,250
5.50%, 03/16/47^(a)		362		351,212
5.85%, 09/15/35		65		65,349
6.40%, 09/15/33^(a)		75		78,779
6.55%, 09/15/43		195		217,047
7.75%, 12/01/30^(a)		60		68,581
Vodafone Group PLC
4.13%, 05/30/25		491		479,795
4.25%, 09/17/50		381		292,939
4.38%, 05/30/28^(a)		235		230,596
4.38%, 02/19/43		367		298,988
4.88%, 06/19/49		431		365,303
5.00%, 05/30/38^(a)		95		88,305
5.13%, 06/19/59		30		25,597
5.25%, 05/30/48		285		257,153
6.15%, 02/27/37		458		468,969
6.25%, 11/30/32^(a)		153		160,104
7.88%, 02/15/30		417		469,696

				42,517,002

Toys, Games & Hobbies — 0.3%
Hasbro Inc.
3.00%, 11/19/24 (Call 10/19/24)		963		931,038
3.50%, 09/15/27 (Call 06/15/27)		547		510,783
3.55%, 11/19/26 (Call 09/19/26)		897		842,983
3.90%, 11/19/29 (Call 08/19/29)		590		535,844
Mattel Inc., 5.45%, 11/01/41 (Call 05/01/41)		10		8,597

				2,829,245


Security	Par (000)		Value

Transportation — 2.1%
Burlington Northern Santa Fe LLC
3.05%, 02/15/51 (Call 08/15/50)	$	189	$	128,975
3.55%, 02/15/50 (Call 08/15/49)		298		227,437
3.90%, 08/01/46 (Call 02/01/46)		145		116,055
4.05%, 06/15/48 (Call 12/15/47)		235		192,944
4.13%, 06/15/47 (Call 12/15/46)		185		153,702
4.15%, 04/01/45 (Call 10/01/44)		18		15,198
4.15%, 12/15/48 (Call 06/15/48)		184		153,953
4.40%, 03/15/42 (Call 09/15/41)		10		8,821
4.70%, 09/01/45 (Call 03/01/45)		63		56,977
4.95%, 09/15/41 (Call 03/15/41)		63		60,006
5.05%, 03/01/41 (Call 09/01/40)		40		38,665
5.20%, 04/15/54		250		246,022
5.40%, 06/01/41 (Call 12/01/40)		10		9,992
5.75%, 05/01/40 (Call 11/01/39)		41		42,791
6.15%, 05/01/37		10		10,879
Canadian National Railway Co.
2.45%, 05/01/50 (Call 11/01/49)^(a)		185		113,307
3.20%, 08/02/46 (Call 02/02/46)		355		255,845
3.65%, 02/03/48 (Call 08/03/47)		421		330,426
4.45%, 01/20/49 (Call 07/20/48)		300		263,193
6.20%, 06/01/36		208		226,252
6.25%, 08/01/34		207		224,709
6.38%, 11/15/37^(a)		182		198,851
6.90%, 07/15/28		32		34,619
Canadian Pacific Railway Co.
2.05%, 03/05/30 (Call 12/05/29)		122		101,220
2.90%, 02/01/25 (Call 11/01/24)		77		74,136
3.10%, 12/02/51 (Call 06/02/51)^(a)		605		410,220
4.00%, 06/01/28 (Call 03/01/28)		69		66,047
4.20%, 11/15/69		180		139,034
4.80%, 09/15/35 (Call 03/15/35)		73		70,235
4.80%, 08/01/45 (Call 02/01/45)		215		192,595
5.95%, 05/15/37		66		68,457
6.13%, 09/15/2115 (Call 03/15/2115)		139		144,082
7.13%, 10/15/31		37		41,195
CH Robinson Worldwide Inc., 4.20%, 04/15/28 (Call 01/15/28)		1,900		1,807,907
CSX Corp.
2.40%, 02/15/30 (Call 11/15/29)		191		163,187
2.60%, 11/01/26 (Call 08/01/26)		90		83,374
3.25%, 06/01/27 (Call 03/01/27)		79		74,315
3.35%, 11/01/25 (Call 08/01/25)		209		200,912
3.35%, 09/15/49 (Call 03/15/49)		201		142,559
3.80%, 03/01/28 (Call 12/01/27)		143		136,107
3.80%, 11/01/46 (Call 05/01/46)		243		189,805
3.80%, 04/15/50 (Call 10/15/49)		91		70,479
3.95%, 05/01/50 (Call 11/01/49)		239		189,788
4.10%, 03/15/44 (Call 09/15/43)		181		150,478
4.25%, 03/15/29 (Call 12/15/28)		468		451,325
4.25%, 11/01/66 (Call 05/01/66)^(a)		227		181,543
4.30%, 03/01/48 (Call 09/01/47)		310		261,215
4.40%, 03/01/43 (Call 09/01/42)		129		110,578
4.50%, 03/15/49 (Call 09/15/48)		138		119,429
4.50%, 08/01/54 (Call 02/01/54)^(a)		115		98,654
4.65%, 03/01/68 (Call 09/01/67)		90		77,387
4.75%, 05/30/42 (Call 11/30/41)		124		112,200
4.75%, 11/15/48 (Call 05/15/48)		119		106,321
5.50%, 04/15/41 (Call 10/15/40)		153		152,312
6.00%, 10/01/36		96		100,528


Security	Par (000)		Value

Transportation (continued)
6.15%, 05/01/37	$	165	$	175,949
6.22%, 04/30/40		155		166,255
FedEx Corp.
3.10%, 08/05/29 (Call 05/05/29)		14		12,539
3.40%, 02/15/28 (Call 11/15/27)		15		13,980
3.88%, 08/01/42		77		61,263
4.05%, 02/15/48 (Call 08/15/47)		222		172,911
4.10%, 04/15/43		162		128,638
4.10%, 02/01/45		177		139,745
4.20%, 10/17/28 (Call 07/17/28)^(a)		26		25,059
4.25%, 05/15/30 (Call 02/15/30)^(a)		44		41,706
4.40%, 01/15/47 (Call 07/15/46)		203		166,821
4.55%, 04/01/46 (Call 10/01/45)		324		270,757
4.75%, 11/15/45 (Call 05/15/45)		343		294,997
4.90%, 01/15/34		54		52,190
4.95%, 10/17/48 (Call 04/17/48)		182		162,402
5.10%, 01/15/44		143		129,867
5.25%, 05/15/50 (Call 11/15/49)		243		225,701
GXO Logistics Inc.
1.65%, 07/15/26 (Call 06/15/26)		1,270		1,124,293
2.65%, 07/15/31 (Call 04/15/31)^(a)		480		375,667
Norfolk Southern Corp.
2.55%, 11/01/29 (Call 08/01/29)		168		144,866
2.90%, 08/25/51 (Call 02/25/51)		265		168,490
3.16%, 05/15/55 (Call 11/15/54)		165		108,459
3.40%, 11/01/49 (Call 05/01/49)		194		137,292
3.65%, 08/01/25 (Call 06/01/25)		58		56,094
3.70%, 03/15/53 (Call 09/15/52)^(a)		95		70,614
3.80%, 08/01/28 (Call 05/01/28)		275		260,155
3.94%, 11/01/47 (Call 05/01/47)^(a)		239		188,927
3.95%, 10/01/42 (Call 04/01/42)^(a)		178		142,939
4.05%, 08/15/52 (Call 02/15/52)		345		273,751
4.10%, 05/15/49 (Call 11/15/48)		129		104,690
4.10%, 05/15/2121 (Call 11/15/2120)		125		87,713
4.15%, 02/28/48 (Call 08/28/47)		373		305,935
4.45%, 06/15/45 (Call 12/15/44)		143		120,979
4.65%, 01/15/46 (Call 07/15/45)		123		106,883
4.84%, 10/01/41		268		243,650
5.05%, 08/01/30 (Call 06/01/30)		90		89,082
5.35%, 08/01/54		70		68,088
7.80%, 05/15/27		20		21,827
Ryder System Inc.
2.50%, 09/01/24 (Call 08/01/24)		192		185,583
2.90%, 12/01/26 (Call 10/01/26)		249		228,965
4.63%, 06/01/25 (Call 05/01/25)		170		166,654
5.25%, 06/01/28 (Call 05/01/28)		260		256,604
5.65%, 03/01/28 (Call 02/01/28)^(a)		25		25,048
Union Pacific Corp.
2.95%, 03/10/52 (Call 09/10/51)		150		100,020
2.97%, 09/16/62 (Call 03/16/62)		245		150,734
3.25%, 02/05/50 (Call 08/05/49)		457		329,168
3.35%, 08/15/46 (Call 02/15/46)		88		62,727
3.38%, 02/01/35 (Call 08/01/34)		65		54,889
3.50%, 02/14/53 (Call 08/14/52)		305		226,673
3.55%, 08/15/39 (Call 02/15/39)		52		42,140
3.55%, 05/20/61 (Call 11/20/60)		130		92,080
3.60%, 09/15/37 (Call 03/15/37)^(a)		62		51,841
3.75%, 02/05/70 (Call 08/05/69)		193		140,568
3.80%, 10/01/51 (Call 04/01/51)		411		324,263
3.80%, 04/06/71 (Call 10/06/70)		225		164,434


Security	Par (000)		Value

Transportation (continued)
3.84%, 03/20/60 (Call 09/20/59)	$	255	$	195,320
3.85%, 02/14/72 (Call 08/14/71)		107		79,148
3.88%, 02/01/55 (Call 08/01/54)		203		157,847
3.95%, 09/10/28 (Call 06/10/28)		53		51,019
3.95%, 08/15/59 (Call 02/15/59)		203		156,836
4.00%, 04/15/47 (Call 10/15/46)		148		119,435
4.05%, 11/15/45 (Call 05/15/45)		67		54,192
4.05%, 03/01/46 (Call 09/01/45)		195		158,812
4.10%, 09/15/67 (Call 03/15/67)		176		139,464
4.30%, 03/01/49 (Call 09/01/48)		248		212,519
4.50%, 09/10/48 (Call 03/10/48)^(a)		233		204,371
6.63%, 02/01/29^(a)		13		14,088
United Parcel Service Inc.
2.50%, 09/01/29 (Call 06/01/29)		20		17,724
3.40%, 03/15/29 (Call 12/15/28)		122		114,162
3.40%, 11/15/46 (Call 05/15/46)^(a)		100		74,759
3.40%, 09/01/49 (Call 03/01/49)^(a)		287		218,519
3.63%, 10/01/42		86		69,840
3.75%, 11/15/47 (Call 05/15/47)		376		303,530
4.25%, 03/15/49 (Call 09/15/48)		231		199,099
4.45%, 04/01/30 (Call 01/01/30)^(a)		117		115,212
4.88%, 11/15/40 (Call 05/15/40)		303		292,201
5.20%, 04/01/40 (Call 10/01/39)		190		189,213
5.30%, 04/01/50 (Call 10/01/49)		250		252,837
6.20%, 01/15/38		777		867,956

				22,698,911

Trucking & Leasing — 0.1%
GATX Corp.
3.10%, 06/01/51 (Call 12/01/50)		75		46,517
3.25%, 03/30/25 (Call 12/30/24)		68		65,222
3.25%, 09/15/26 (Call 06/15/26)		20		18,573
3.50%, 03/15/28 (Call 12/15/27)^(a)		19		17,391
3.50%, 06/01/32 (Call 03/01/32)		50		42,024
3.85%, 03/30/27 (Call 12/30/26)		43		40,306
4.55%, 11/07/28 (Call 08/07/28)		38		36,086
4.70%, 04/01/29 (Call 01/01/29)^(a)		43		40,866
4.90%, 03/15/33 (Call 12/15/32)^(a)		200		187,008
5.20%, 03/15/44 (Call 09/15/43)		92		80,306
5.45%, 09/15/33^(a)		100		97,822

				672,121

Venture Capital — 0.0%
Hercules Capital Inc., 3.38%, 01/20/27 (Call 12/20/26)^(a)		120		106,147


Water — 0.2%
American Water Capital Corp.
2.80%, 05/01/30 (Call 02/01/30)		106		91,889
2.95%, 09/01/27 (Call 06/01/27)		53		48,874
3.45%, 06/01/29 (Call 03/01/29)		127		116,450
3.45%, 05/01/50 (Call 11/01/49)		388		281,432
3.75%, 09/01/28 (Call 06/01/28)^(a)		9		8,533
3.75%, 09/01/47 (Call 03/01/47)		86		66,742
4.00%, 12/01/46 (Call 06/01/46)^(a)		175		138,474
4.15%, 06/01/49 (Call 12/01/48)		238		197,073
4.20%, 09/01/48 (Call 03/01/48)		277		228,367
4.30%, 12/01/42 (Call 06/01/42)		87		74,365
4.30%, 09/01/45 (Call 03/01/45)		145		120,215
6.59%, 10/15/37		192		213,506
Essential Utilities Inc.
2.70%, 04/15/30 (Call 01/15/30)		89		74,829
3.35%, 04/15/50 (Call 10/15/49)		209		139,127


Security	Par/ Shares (000)		Value

Water (continued)
3.57%, 05/01/29 (Call 02/01/29)	$	89	$	81,518
4.28%, 05/01/49 (Call 11/01/48)^(a)		366		284,935
5.30%, 05/01/52 (Call 11/01/51)		182		164,907
United Utilities PLC, 6.88%, 08/15/28		55		57,260

				2,388,496


Total Long-Term Investments — 98.4% (Cost: $1,207,320,567)				1,075,811,253


Short-Term Securities

Money Market Funds — 7.4%
BlackRock Cash Funds: Institutional, SL Agency Shares, 5.52%^(d)(e)(f)		75,311		75,334,079
BlackRock Cash Funds: Treasury, SL Agency Shares, 5.31%^(d)(e)		5,170		5,170,000


Total Short-Term Securities — 7.4% (Cost: $80,484,003)				80,504,079


Total Investments — 105.8% (Cost: $1,287,804,570)				1,156,315,332

Liabilities in Excess of Other Assets — (5.8)%				(63,416,333	)


Net Assets — 100.0%			$	1,092,898,999

iShares Trust (the “Trust”) is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company. The Trust is organized as a Delaware statutory trust and is authorized to have multiple series or portfolios.

These financial statements relate only to the following funds (each, a “Fund” and collectively, the “Funds”):

The financial statements are prepared in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”), which may require management to make estimates and assumptions that affect the reported amounts of assets and liabilities in the financial statements, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates. Each Fund is considered an investment company under U.S. GAAP and follows the accounting and reporting guidance applicable to investment companies. Below is a summary of significant accounting policies:

Investment Transactions and Income Recognition: For financial reporting purposes, investment transactions are recorded on the dates the transactions are executed (the “trade dates”). Realized gains and losses on investment transactions are determined using the specific identification method. Dividend income and capital gain distributions, if any, are recorded on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date at fair value. Upon notification from issuers or as estimated by management, a portion of the dividend income received from a real estate investment trust may be redesignated as a reduction of cost of the related investment and/or realized gain. Interest income, including amortization and accretion of premiums and discounts on debt securities, is recognized daily on an accrual basis.

Collateralization: If required by an exchange or counterparty agreement, the Funds may be required to deliver/deposit cash and/or securities to/with an exchange, or broker-dealer or custodian as collateral for certain investments.

In-kind Redemptions: For financial reporting purposes, in-kind redemptions are treated as sales of securities resulting in realized capital gains or losses to the Funds. Because such gains or losses are not taxable to the Funds and are not distributed to existing Fund shareholders, the gains or losses are reclassified from accumulated net realized gain (loss) to paid-in capital at the end of the Funds’ tax year. These reclassifications have no effect on net assets or net asset value (“NAV”) per share.

Distributions: Dividends and distributions paid by each Fund are recorded on the ex-dividend dates. Distributions are determined on a tax basis and may differ from net investment income and net realized capital gains for financial reporting purposes. Dividends and distributions are paid in U.S. dollars and cannot be automatically reinvested in additional shares of the Funds.

Indemnifications: In the normal course of business, each Fund enters into contracts that contain a variety of representations that provide general indemnification. The Funds’ maximum exposure under these arrangements is unknown because it involves future potential claims against the Funds, which cannot be predicted with any certainty.

Investment Valuation Policies: Each Fund’s investments are valued at fair value (also referred to as “market value” within the financial statements) each day that the Fund’s listing exchange is open and, for financial reporting purposes, as of the report date. U.S. GAAP defines fair value as the price a fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. The Board of Trustees of the Trust (the “Board”) of each Fund has approved the designation of BlackRock Fund Advisors (“BFA”), the Funds’ investment adviser, as the valuation designee for each Fund. Each Fund determines the fair values of its financial instruments using various independent dealers or pricing services under BFA’s policies. If a security’s market price is not readily available or does not otherwise accurately represent the fair value of the security, the security will be valued in accordance with BFA’s policies and procedures as reflecting fair value. BFA has formed a committee (the “Valuation Committee”) to develop pricing policies and procedures and to oversee the pricing function for all financial instruments, with assistance from other BlackRock pricing committees.

Fair Value Inputs and Methodologies: The following methods and inputs are used to establish the fair value of each Fund’s assets and liabilities:

If events (e.g., market volatility, company announcement or a natural disaster) occur that are expected to materially affect the value of such investment, or in the event that application of these methods of valuation results in a price for an investment that is deemed not to be representative of the market value of such investment, or if a price is not available, the investment will be valued by the Valuation Committee, in accordance with BFA’s policies and procedures as reflecting fair value (“Fair Valued Investments”). The fair valuation approaches that may be used by the Valuation Committee include market approach, income approach and cost approach. Valuation techniques such as discounted cash flow, use of market comparables and matrix pricing are types of valuation approaches and are typically used in determining fair value. When determining the price for Fair Valued Investments, the Valuation Committee seeks to determine the price that each Fund might reasonably expect to receive or pay from the current sale or purchase of that asset or liability in an arm’s-length transaction. Fair value determinations shall be based upon all available factors that the Valuation Committee deems relevant and consistent with the principles of fair value measurement.

Fair value pricing could result in a difference between the prices used to calculate a fund’s NAV and the prices used by the fund’s underlying index, which in turn could result in a difference between the fund’s performance and the performance of the fund’s underlying index.

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

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.

Asset-Backed and Mortgage-Backed Securities: Asset-backed securities are generally issued as pass-through certificates or as debt instruments. Asset-backed securities issued as pass-through certificates represent undivided fractional ownership interests in an underlying pool of assets. Asset-backed securities issued as debt instruments, which are also known as collateralized obligations, are typically issued as the debt of a special purpose entity organized solely for the purpose of owning such assets and issuing such debt. Asset-backed securities are often backed by a pool of assets representing the obligations of a number of different parties. The yield characteristics of certain asset-backed securities may differ from traditional debt securities. One such major difference is that all or a principal part of the obligations may be prepaid at any time because the underlying assets (i.e., loans) may be prepaid at any time. As a result, a decrease in interest rates in the market may result in increases in the level of prepayments as borrowers, particularly mortgagors, refinance and repay their loans. An increased prepayment rate with respect to an asset-backed security will have the effect of shortening the maturity of the security. In addition, a fund may subsequently have to reinvest the proceeds at lower interest rates. If a fund has purchased such an asset-backed security at a premium, a faster than anticipated prepayment rate could result in a loss of principal to the extent of the premium paid.

For mortgage pass-through securities (the “Mortgage Assets”) there are a number of important differences among the agencies and instrumentalities of the U.S. Government that issue mortgage-related securities and among the securities that they issue. For example, mortgage-related securities guaranteed by Ginnie Mae are guaranteed as to the timely payment of principal and interest by Ginnie Mae and such guarantee is backed by the full faith and credit of the United States. However, mortgage-related securities issued by Freddie Mac and Fannie Mae, including Freddie Mac and Fannie Mae guaranteed mortgage pass-through certificates, which are solely the obligations of Freddie Mac and Fannie Mae, are not backed by or entitled to the full faith and credit of the United States, but are supported by the right of the issuer to borrow from the U.S. Treasury.

Non-agency mortgage-backed securities are securities issued by non-governmental issuers and have no direct or indirect government guarantees of payment and are subject to various risks. Non-agency mortgage loans are obligations of the borrowers thereunder only and are not typically insured or guaranteed by any other person or entity. The ability of a borrower to repay a loan is dependent upon the income or assets of the borrower. A number of factors, including a general economic downturn, acts of God, terrorism, social unrest and civil disturbances, may impair a borrower’s ability to repay its loans.

Zero-Coupon Bonds: Zero-coupon bonds are normally issued at a significant discount from face value and do not provide for periodic interest payments. These bonds may experience greater volatility in market value than other debt obligations of similar maturity which provide for regular interest payments.

TBA Commitments: TBA commitments are forward agreements for the purchase or sale of securities, including mortgage-backed securities for a fixed price, with payment and delivery on an agreed upon future settlement date. The specific securities to be delivered are not identified at the trade date. However, delivered securities must meet specified terms, including issuer, rate and mortgage terms. When entering into TBA commitments, a fund may take possession of or deliver the underlying mortgage-backed securities but can extend the settlement or roll the transaction. TBA commitments involve a risk of loss if the value of the security to be purchased or sold declines or increases, respectively, prior to settlement date, if there are expenses or delays in connection with the TBA transactions, or if the counterparty fails to complete the transaction.

To mitigate counterparty risk, a fund enters into a two-way collateral agreement for TBA transactions with certain counterparties. Under such agreement, the “in-the-money” party of a TBA transaction may at any time require the other party to pledge collateral assets (in the form of cash or securities) to offset any loss the in-the-money party would incur upon cancellation of the TBA transaction. A party is in-the-money if they are the buyer and the market value of the TBA transaction increases or if they are the seller and the market value of the TBA transaction decreases. Cash collateral received from the counterparty may be reinvested in money market funds, including those managed by the Funds’ investment adviser, or its affiliates. Such collateral, if any, is noted in the Schedule of Investments and the obligation to return the collateral is presented as a liability in the Statements of Assets and Liabilities. Securities pledged as collateral by a fund, if any, are noted in the Schedule of Investments.

Mortgage Dollar Roll Transactions: Certain Funds may sell TBA mortgage-backed securities and simultaneously contract to repurchase substantially similar (i.e., same type, coupon and maturity) securities on a specific future date at an agreed upon price. During the period between the sale and repurchase, a fund is not entitled to receive interest and principal payments on the securities sold. Mortgage dollar roll transactions are treated as purchases and sales and a fund realizes gains and losses on these transactions. Mortgage dollar rolls involve the risk that the market value of the securities that a fund is required to purchase may decline below the agreed upon repurchase price of those securities.

Securities Lending: Each Fund may lend its securities to approved borrowers, such as brokers, dealers and other financial institutions. The borrower pledges and maintains with the Fund collateral consisting of cash, an irrevocable letter of credit issued by an approved bank, or securities issued or guaranteed by the U.S. government. The initial collateral received by each Fund is required to have a value of at least 102% of the current market value of the loaned securities for securities traded on U.S. exchanges and a value of at least 105% for all other securities. The collateral is maintained thereafter at a value equal to at least 100% of the current value of the securities on loan. The market value of the loaned securities is determined at the close of each business day of the Fund and any additional required collateral is delivered to the Fund or excess collateral is returned by the Fund, on the next business day. During the term of the loan, each Fund is entitled to all distributions made on or in respect of the loaned securities but does not receive interest income on securities received as collateral. Loans of securities are terminable at any time and the borrower, after notice, is required to return borrowed securities within the standard time period for settlement of securities transactions.

As of period end, any securities on loan were collateralized by cash and/or U.S. Government obligations. Cash collateral invested in money market funds managed by BFA, or its affiliates is disclosed in the Schedule of Investments. Any non-cash collateral received cannot be sold, re-invested or pledged by the Fund, except in the event of borrower default. The securities on loan, if any, are also disclosed in each Fund’s Schedule of Investments. The market value of any securities on loan and the value of any related cash collateral are disclosed in the Statements of Assets and Liabilities.

Securities lending transactions are entered into by the Funds under Master Securities Lending Agreements (each, an “MSLA”) which provide the right, in the event of default (including bankruptcy or insolvency) for the non-defaulting party to liquidate the collateral and calculate a net exposure to the defaulting party or request additional collateral. In the event that a borrower defaults, the Funds, as lender, would offset the market value of the collateral received against the market value of the securities loaned. When the value of the collateral is greater than that of the market value of the securities loaned, the lender is left with a net amount payable to the defaulting party. However, bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against such a right of offset in the event of an MSLA counterparty’s bankruptcy or insolvency. Under the MSLA, absent an event of default, the borrower can resell or re-pledge the loaned securities, and the Funds can reinvest cash collateral received in connection with loaned securities. Upon an event of default, the parties’ obligations to return the securities or collateral to the other party are extinguished, and the parties can resell or re-pledge the loaned securities or the collateral received in connection with the loaned securities in order to satisfy the defaulting party’s net payment obligation for all transactions under the MSLA. The defaulting party remains liable for any deficiency.

As of period end, the following table is a summary of the securities on loan by counterparty which are subject to offset under an MSLA:

The risks of securities lending include the risk that the borrower may not provide additional collateral when required or may not return the securities when due. To mitigate these risks, each Fund benefits from a borrower default indemnity provided by BlackRock, Inc. (“BlackRock”). BlackRock’s indemnity allows for full replacement of the securities loaned to the extent the collateral received does not cover the value of the securities loaned in the event of borrower default. Each Fund could incur a loss if the value of an investment purchased with cash collateral falls below the market value of the loaned securities or if the value of an investment purchased with cash collateral falls below the value of the original cash collateral received. Such losses are borne entirely by each Fund.

Investment Advisory Fees: Pursuant to an Investment Advisory Agreement with the Trust, BFA manages the investment of each Fund’s assets. BFA is a California corporation indirectly owned by BlackRock. Under the Investment Advisory Agreement, BFA is responsible for substantially all expenses of the Funds, except (i) interest and taxes; (ii) brokerage commissions and other expenses connected with the execution of portfolio transactions; (iii) distribution fees; (iv) the advisory fee payable to BFA; and (v) litigation expenses and any extraordinary expenses (in each case as determined by a majority of the independent trustees).

For its investment advisory services to each of the following Funds, BFAis entitled to an annual investment advisory fee, accrued daily and paid monthly by the Funds, based on the average daily net assets of each Fund as follows:

Expense Waivers: A fund may incur its pro rata share of fees and expenses attributable to its investments in other investment companies (“acquired fund fees and expenses”). The total of the investment advisory fee and acquired fund fees and expenses, if any, is a fund’s total annual operating expenses. Total expenses as shown in the Statements of Operations does not include acquired fund fees and expenses.

For the iShares ESG Aware U.S. Aggregate Bond ETF, BFA has contractually agreed to waive a portion of its investment advisory fee for the Fund through June 30, 2024 in an amount equal to the acquired fund fees and expenses, if any, attributable to the Fund’s investments by the Fund in other registered investment companies advised by BFA or its affiliates.

This amount is included in investment advisory fees waived in the Statements of Operations. For the six months ended August 31, 2023, the amounts waived in investment advisory fees pursuant to this arrangement were as follows:

Distributor: BlackRock Investments, LLC, an affiliate of BFA, is the distributor for each Fund. Pursuant to the distribution agreement, BFA is responsible for any fees or expenses for distribution services provided to the Funds.

Securities Lending: The U.S. Securities and Exchange Commission (the “SEC”) has issued an exemptive order which permits BlackRock Institutional Trust Company, N.A. (“BTC”), an affiliate of BFA, to serve as securities lending agent for the Funds, subject to applicable conditions. As securities lending agent, BTC bears all operational costs directly related to securities lending, including any custodial costs. Each Fund is responsible for fees in connection with the investment of cash collateral received for securities on loan (the “collateral investment fees”). The cash collateral is invested in a money market fund, BlackRock Cash Funds: Institutional or BlackRock Cash Funds: Treasury, managed by BFA, or its affiliates. However, BTC has agreed to reduce the amount of securities lending income it receives in order to effectively limit the collateral investment fees each Fund bears to an annual rate of 0.04%. The SL Agency Shares of such money market fund will not be subject to a sales load, distribution fee or service fee. The money market fund in which the cash collateral has been invested may, under certain circumstances, impose a liquidity fee of up to 2% of the value redeemed or temporarily restrict redemptions for up to 10 business days during a 90 day period, in the event that the money market fund’s weekly liquid assets fall below certain thresholds.

Securities lending income is equal to the total of income earned from the reinvestment of cash collateral, net of fees and other payments to and from borrowers of securities, and less the collateral investment fees. Each Fund retains a portion of securities lending income and remits the remaining portion to BTC as compensation for its services as securities lending agent.

Pursuant to the current securities lending agreement, each Fund retains 82% of securities lending income (which excludes collateral investment fees), and the amount retained can never be less than 70% of the total of securities lending income plus the collateral investment fees.

In addition, commencing the business day following the date that the aggregate securities lending income plus the collateral investment fees generated across all 1940 Act iShares exchange-traded funds (the “iShares ETF Complex”) in that calendar year exceeds a specified threshold, each Fund, pursuant to the securities lending agreement, will retain for the remainder of that calendar year 85% of securities lending income (which excludes collateral investment fees) and the amount retained can never be less than 70% of the total of securities lending income plus the collateral investment fees.

The share of securities lending income earned by each Fund is shown as securities lending income – affiliated – net in its Statements of Operations. For the six months ended August 31, 2023, the Funds paid BTC the following amounts for securities lending agent services:

Officers and Trustees: Certain officers and/or trustees of the Trust are officers and/or trustees of BlackRock or its affiliates.

Each Fund may invest its positive cash balances in certain money market funds managed by BFA or an affiliate. The income earned on these temporary cash investments is shown as dividends – affiliated in the Statements of Operations.

A fund, in order to improve its portfolio liquidity and its ability to track its underlying index, may invest in shares of other iShares funds that invest in securities in the fund’s underlying index.

For the six months ended August 31, 2023, purchases and sales of investments, including mortgage dollar rolls and excluding short-term securities and in-kind transactions, were as follows:

Each Fund is treated as an entity separate from the Trust’s other funds for federal income tax purposes. It is each Fund’s policy to comply with the requirements of the Internal Revenue Code of 1986, as amended, applicable to regulated investment companies, and to distribute substantially all of its taxable income to its shareholders. Therefore, no U.S. federal income tax provision is required.

Management has analyzed tax laws and regulations and their application to the Funds as of August 31, 2023, inclusive of the open tax return years, and does not believe that there are any uncertain tax positions that require recognition of a tax liability in the Funds’ financial statements.

As of February 28, 2023, the Funds had non-expiring capital loss carryforwards available to offset future realized capital gains as follows:

As of August 31, 2023, gross unrealized appreciation and depreciation based on cost of investments (including short positions and derivatives, if any) for U.S. federal income tax purposes were as follows:

In the normal course of business, each Fund invests in securities or other instruments and may enter into certain transactions, and such activities subject the Fund to various risks, including, among others, fluctuations in the market (market risk) or failure of an issuer to meet all of its obligations. The value of securities or other instruments may also be affected by various factors, including, without limitation: (i) the general economy; (ii) the overall market as well as local, regional or global political and/or social instability; (iii) regulation, taxation or international tax treaties between various countries; or (iv) currency, interest rate or price fluctuations. Local, regional or global events

such as war, acts of terrorism, the spread of infectious illness or other public health issues, recessions, or other events could have a significant impact on the Funds and their investments. Each Fund’s prospectus provides details of the risks to which the Fund is subject.

BFA uses a “passive” or index approach to try to achieve each Fund’s investment objective following the securities included in its underlying index during upturns as well as downturns. BFA does not take steps to reduce market exposure or to lessen the effects of a declining market. Divergence from the underlying index and the composition of the portfolio is monitored by BFA.

The Funds may be exposed to additional risks when reinvesting cash collateral in money market funds that do not seek to maintain a stable NAV per share of $1.00, which may be subject to redemption gates or liquidity fees under certain circumstances.

Market Risk: Each Fund may be exposed to prepayment risk, which is the risk that borrowers may exercise their option to prepay principal earlier than scheduled during periods of declining interest rates, which would force each Fund to reinvest in lower yielding securities. Each Fund may also be exposed to reinvestment risk, which is the risk that income from each Fund’s portfolio will decline if each Fund invests the proceeds from matured, traded or called fixed-income securities at market interest rates that are below each Fund portfolio’s current earnings rate.

Municipal securities are subject to the risk that litigation, legislation or other political events, local business or economic conditions, credit rating downgrades, or the bankruptcy of the issuer could have a significant effect on an issuer’s ability to make payments of principal and/or interest or otherwise affect the value of such securities. Municipal securities can be significantly affected by political or economic changes, including changes made in the law after issuance of the securities, as well as uncertainties in the municipal market related to, taxation, legislative changes or the rights of municipal security holders, including in connection with an issuer insolvency. Municipal securities backed by current or anticipated revenues from a specific project or specific assets can be negatively affected by the discontinuance of the tax benefits supporting the project or assets or the inability to collect revenues for the project or from the assets. Municipal securities may be less liquid than taxable bonds, and there may be less publicly available information on the financial condition of municipal security issuers than for issuers of other securities.

Infectious Illness Risk: An outbreak of an infectious illness, such as the COVID-19 pandemic, may adversely impact the economies of many nations and the global economy, and may impact individual issuers and capital markets in ways that cannot be foreseen. An infectious illness outbreak may result in, among other things, closed international borders, prolonged quarantines, supply chain disruptions, market volatility or disruptions and other significant economic, social and political impacts.

Counterparty Credit Risk: The Funds may be exposed to counterparty credit risk, or the risk that an entity may fail to or be unable to perform on its commitments related to unsettled or open transactions, including making timely interest and/or principal payments or otherwise honoring its obligations. The Funds manage counterparty credit risk by entering into transactions only with counterparties that BFA believes have the financial resources to honor their obligations and by monitoring the financial stability of those counterparties. Financial assets, which potentially expose the Funds to market, issuer and counterparty credit risks, consist principally of financial instruments and receivables due from counterparties. The extent of the Funds’ exposure to market, issuer and counterparty credit risks with respect to these financial assets is approximately their value recorded in the Statements of Assets and Liabilities, less any collateral held by the Funds.

Geographic/Asset Class Risk: A diversified portfolio, where this is appropriate and consistent with a fund’s objectives, minimizes the risk that a price change of a particular investment will have a material impact on the NAV of a fund. The investment concentrations within each Fund’s portfolio are disclosed in its Schedule of Investments.

The Funds invest a significant portion of their assets in securities of issuers located in the United States. A decrease in imports or exports, changes in trade regulations, inflation and/or an economic recession in the United States may have a material adverse effect on the U.S. economy and the securities listed on U.S. exchanges. Proposed and adopted policy and legislative changes in the United States may also have a significant effect on U.S. markets generally, as well as on the value of certain securities. Governmental agencies project that the United States will continue to maintain elevated public debt levels for the foreseeable future which may constrain future economic growth. Circumstances could arise that could prevent the timely payment of interest or principal on U.S. government debt, such as reaching the legislative “debt ceiling.” Such non-payment would result in substantial negative consequences for the U.S. economy and the global financial system. If U.S. relations with certain countries deteriorate, it could adversely affect issuers that rely on the United States for trade. The United States has also experienced increased internal unrest and discord. If these trends were to continue, they may have an adverse impact on the U.S. economy and the issuers in which the the Funds invest.

Certain Funds invest a significant portion of their assets in securities within a single or limited number of market sectors. When a fund concentrates its investments in this manner, it assumes the risk that economic, regulatory, political and social conditions affecting such sectors may have a significant impact on the fund and could affect the income from, or the value or liquidity of, the fund’s portfolio. Investment percentages in specific sectors are presented in the Schedule of Investments.

The Funds invest a significant portion of their assets in fixed-income securities and/or use derivatives tied to the fixed-income markets. Changes in market interest rates or economic conditions may affect the value and/or liquidity of such investments. Interest rate risk is the risk that prices of bonds and other fixed-income securities will decrease as interest rates rise and increase as interest rates fall. The Funds may be subject to a greater risk of rising interest rates due to the period of historically low interest rates that ended in March 2022. The Federal Reserve has recently been raising the federal funds rate as part of its efforts to address inflation. There is a risk that interest rates will continue to rise, which will likely drive down the prices of bonds and other fixed-income securities, and could negatively impact the Funds’ performance.

The Funds invest a significant portion of their assets in securities backed by commercial or residential mortgage loans or in issuers that hold mortgage and other asset-backed securities. When a fund concentrates its investments in this manner, it assumes a greater risk of prepayment or payment extension by securities issuers. Changes in economic conditions, including delinquencies and/or defaults on assets underlying these securities, can affect the value, income and/or liquidity of such positions. Investment percentages in these securities are presented in the Schedule of Investments.

Financials Sector Risk: Certain Funds invest a significant portion of their assets within the financials sector. Performance of companies in the financials sector may be adversely impacted by many factors, including, among others, changes in government regulations, economic conditions, and interest rates, credit rating downgrades, adverse public perception, exposure concentration and decreased liquidity in credit markets. The impact of changes in capital requirements and recent or future regulation of any individual financial company, or of the financials sector as a whole, cannot be predicted, but may negatively impact the Funds.

Significant Shareholder Redemption Risk: Certain shareholders may own or manage a substantial amount of fund shares and/or hold their fund investments for a limited period of time. Large redemptions of fund shares by these shareholders may force a fund to sell portfolio securities, which may negatively impact the fund’s NAV, increase the fund’s brokerage costs, and/or accelerate the realization of taxable income/gains and cause the fund to make additional taxable distributions to shareholders.

LIBOR Transition Risk: The Funds may be exposed to financial instruments that recently transitioned from, or continue to be tied to the London Interbank Offered Rate (“LIBOR”) to determine payment obligations, financing terms, hedging strategies or investment value. The United Kingdom’s Financial Conduct Authority, which regulates LIBOR, has ceased publishing all LIBOR settings, but some USD LIBOR settings will continue to be published under a synthetic methodology until September 30, 2024 for certain legacy contracts. The Secured Overnight Financing Rate (“SOFR”) has been used increasingly on a voluntary basis in new instruments and transactions. Under U.S. regulations that implement a statutory fallback mechanism to replace LIBOR, benchmark rates based on SOFR have replaced LIBOR in certain financial contracts. The ultimate effect of the LIBOR transition process on the Funds is uncertain.

Capital shares are issued and redeemed by each Fund only in aggregations of a specified number of shares or multiples thereof (“Creation Units”) at NAV. Except when aggregated in Creation Units, shares of each Fund are not redeemable.

The consideration for the purchase of Creation Units of a fund in the Trust generally consists of the in-kind deposit of a designated portfolio of securities and a specified amount of cash. Certain funds in the Trust may be offered in Creation Units solely or partially for cash in U.S. dollars. Investors purchasing and redeeming Creation Units may pay a purchase transaction fee and a redemption transaction fee directly to State Street Bank and Trust Company, the Trust’s administrator, to offset transfer and other transaction costs associated with the issuance and redemption of Creation Units, including Creation Units for cash. Investors transacting in Creation Units for cash may also pay an additional variable charge to compensate the relevant fund for certain transaction costs (i.e., stamp taxes, taxes on currency or other financial transactions, and brokerage costs) and market impact expenses relating to investing in portfolio securities. Such variable charges, if any, are included in shares sold in the table above.

From time to time, settlement of securities related to in-kind contributions or in-kind redemptions may be delayed. In such cases, securities related to in-kind transactions are reflected as a receivable or a payable in the Statements of Assets and Liabilities.

Management has evaluated the impact of all subsequent events on the Funds through the date the financial statements were available to be issued and has determined that there were no subsequent events requiring adjustment or additional disclosure in the financial statements.

iShares ESG Aware 1-5 Year USD Corporate Bond ETF, iShares ESG Aware U.S. Aggregate Bond ETF, iShares ESG Aware USD Corporate Bond ETF (each the “Fund”)

Under Section 15(c) of the Investment Company Act of 1940 (the “1940 Act”), the Trust’s Board of Trustees (the “Board”), including a majority of Board Members who are not “interested persons” of the Trust (as that term is defined in the 1940 Act) (the “Independent Board Members”), is required annually to consider the approval of the Investment Advisory Agreement between the Trust and BFA (the “Advisory Agreement”) on behalf of the Fund. The Board’s consideration entails a year-long process whereby the Board and its committees (composed solely of Independent Board Members) assess BlackRock’s services to the Fund, including investment management; fund accounting; administrative and shareholder services; oversight of the Fund’s service providers; risk management and oversight; legal and compliance services; and ability to meet applicable legal and regulatory requirements. The Independent Board Members requested, and BFA provided, such information as the Independent Board Members, with advice from independent counsel, deemed reasonably necessary to evaluate the Advisory Agreement. At meetings on May 2, 2023 and May 15, 2023, a committee composed of all of the Independent Board Members (the “15(c) Committee”), with independent counsel, met with management and reviewed and discussed information provided in response to initial requests of the 15(c) Committee and/or its independent counsel, and requested certain additional information, which management agreed to provide. At a meeting held on June 7-8, 2023, the Board, including the Independent Board Members, reviewed the additional information provided by management in response to these requests.

After extensive discussions and deliberations, the Board, including all of the Independent Board Members, approved the continuance of the Advisory Agreement for the Fund, based on a review of qualitative and quantitative information provided by BFA and their cumulative experience as Board Members. The Board noted its satisfaction with the extent and quality of information provided and its frequent interactions with management, as well as the detailed responses and other information provided by BFA. The Independent Board Members were advised by their independent counsel throughout the process, including about the legal standards applicable to their review. In approving the continuance of the Advisory Agreement for the Fund, the Board, including the Independent Board Members, considered various factors, including: (i) the expenses and performance of the Fund; (ii) the nature, extent and quality of the services provided by BFA; (iii) the costs of services provided to the Fund and profits realized by BFA and its affiliates; (iv) potential economies of scale and the sharing of related benefits; (v) the fees and services provided for other comparable funds/accounts managed by BFA and its affiliates; and (vi) other benefits to BFA and/or its affiliates. The material factors, none of which was controlling, and conclusions that formed the basis for the Board, including the Independent Board Members, to approve the continuance of the Advisory Agreement are discussed below.

Expenses and Performance of the Fund: The Board reviewed statistical information prepared by Broadridge Financial Solutions, Inc. (“Broadridge”), an independent provider of investment company data, regarding the expense ratio components, including gross and net total expenses, fees and expenses of other fund(s) in which the Fund invests (if applicable), and waivers/reimbursements (if applicable) of the Fund in comparison with the same information for other ETFs, objectively selected by Broadridge as comprising the Fund’s applicable expense peer group pursuant to Broadridge’s proprietary ETF methodology (the “Peer Group”). The Board was provided with a detailed description of the proprietary ETF methodology used by Broadridge to determine the Fund’s Peer Group. The Board noted that, due to the limitations in providing comparable funds in the Peer Group, the statistical information provided in Broadridge’s report may or may not provide meaningful direct comparisons to the Fund in all instances. The Board also noted that the investment advisory fee rate and overall expenses (net of any waivers and reimbursements) for the Fund were within range of the median of the investment advisory fee rates and overall expenses (net of any waivers and reimbursements) of the funds in its Peer Group, excluding iShares funds.

In addition, to the extent that any of the comparison funds included in the Peer Group, excluding iShares funds, track the same index as the Fund, Broadridge also provided, and the Board reviewed, a comparison of the Fund’s performance for the one-year, three-year, five-year, ten-year, and since inception periods, as applicable, and for the quarter ended December 31, 2022, to that of such relevant comparison fund(s) for the same periods. The Board noted that the Fund seeks to track its specified underlying index and that, during the year, the Board received periodic reports on the Fund’s short- and longer-term performance in comparison with its underlying index. Such periodic comparative performance information, including additional detailed information as requested by the Board, was also considered. The Board noted that the Fund generally performed in line with its underlying index over the relevant periods.

Based on this review, the other factors considered at the meeting, and their general knowledge of ETF pricing, the Board concluded that the investment advisory fee rate and expense level and the historical performance of the Fund supported the Board’s approval of the continuance of the Advisory Agreement for the coming year.

Nature, Extent and Quality of Services Provided: Based on management’s representations, including information about ongoing enhancements and initiatives with respect to the iShares business, including with respect to capital markets support and analysis, technology, portfolio management, product design and quality, compliance and risk management, global public policy and other services, the Board expected that there would be no diminution in the scope of services required of or provided by BFA under the Advisory Agreement for the coming year as compared with the scope of services provided by BFA during prior years. In reviewing the scope of these services, the Board considered BFA’s investment philosophy and experience, noting that BFA and its affiliates have committed significant resources over time, including during the past year, to support the iShares funds and their shareholders and have made significant investments into the iShares business. The Board also considered BFA’s compliance program and its compliance record with respect to the Fund, including related programs implemented pursuant to regulatory requirements. In that regard, the Board noted that BFA reports to the Board about portfolio management and compliance matters on a periodic basis in connection with regularly scheduled meetings of the Board, and on other occasions as necessary and appropriate, and has provided information and made relevant officers and other employees of BFA (and its affiliates) available as needed to provide further assistance with these matters. The Board also reviewed the background and experience of the persons responsible for the day-to-day management of the Fund, as well as the resources available to them in managing the Fund. In addition to the above considerations, the Board reviewed and considered detailed presentations regarding BFA’s investment performance, investment and risk management processes and strategies provided at the May 2, 2023 meeting and throughout the year, and matters related to BFA’s portfolio compliance program and other compliance programs and services.

Based on review of this information, and the performance information discussed above, the Board concluded that the nature, extent and quality of services provided to the Fund under the Advisory Agreement supported the Board’s approval of the continuance of the Advisory Agreement for the coming year.

Costs of Services Provided to the Fund and Profits Realized by BFA and its Affiliates: The Board reviewed information about the estimated profitability to BlackRock in managing the Fund, based on the fees payable to BFA and its affiliates (including fees under the Advisory Agreement), and other sources of revenue and expense to BFA and its affiliates from the Fund’s operations for the last calendar year. The Board reviewed BlackRock’s methodology for calculating estimated profitability of the iShares funds, noting that the 15(c) Committee and the Board had focused on the methodology and profitability presentation. The Board recognized that profitability may be affected by numerous factors, including, among other things, fee waivers by BFA, the types of funds managed, expense allocations and business mix. The Board thus recognized that calculating and comparing profitability at individual fund levels is challenging. The Board discussed with management the sources of direct and ancillary revenue, including the revenues to BTC, a BlackRock affiliate, from securities lending by the Fund. The Board also discussed BFA’s estimated profit margin as reflected in the Fund’s profitability analysis and reviewed information regarding potential economies of scale (as discussed below).

Based on this review, the Board concluded that the information considered with respect to the profits realized by BFA and its affiliates under the Advisory Agreement and from other relationships between the Fund and BFA and/or its affiliates, if any, as well as the other factors considered at the meeting, supported the Board’s approval of the continuance of the Advisory Agreement for the coming year.

Economies of Scale: The Board reviewed information and considered the extent to which economies of scale might be realized as the assets of the Fund increase, noting that the issue of potential economies of scale had been focused on by the 15(c) Committee and the Board during their meetings and addressed by management. The 15(c) Committee and the Board received information regarding BlackRock’s historical estimated profitability (as discussed above), including BFA’s and its affiliates’ estimated costs in providing services. The estimated cost information distinguished, among other things, between fixed and variable costs, and showed how the level and nature of fixed and variable costs may impact the existence or size of scale benefits, with the Board recognizing that potential economies of scale are difficult to measure. The 15(c) Committee and the Board reviewed information provided by BFA regarding the sharing of scale benefits with the iShares funds through various means, including, as applicable, through relatively low fee rates established at inception, breakpoints, waivers, or other fee reductions, as well as through additional investment in the iShares business and the provision of improved or additional infrastructure and services to the iShares funds and their shareholders. The Board noted that the Advisory Agreement for the Fund did not provide for breakpoints in the Fund’s investment advisory fee rate as the assets of the Fund increase. However, the Board noted that it would continue to assess the appropriateness of adding breakpoints in the future.

The Board concluded that this review of potential economies of scale and the sharing of related benefits, as well as the other factors considered at the meeting, supported the Board’s approval of the continuance of the Advisory Agreement for the coming year.

Fees and Services Provided for Other Comparable Funds/Accounts Managed by BFA and its Affiliates: The Board received and considered information regarding the investment advisory/management fee rates for other funds/accounts in the U.S. for which BFA (or its affiliates) provides investment advisory/management services, including open-end funds registered under the 1940 Act (including sub-advised funds), collective trust funds and institutional separate accounts (collectively, the “Other Accounts”). The Board acknowledged BFA’s representation that the iShares funds are fundamentally different investment vehicles from the Other Accounts.

The Board received detailed information regarding how the Other Accounts generally differ from the Fund, including in terms of the types of services and generally more extensive services provided to the Fund, as well as other significant differences. In that regard, the Board considered that the pricing of services to institutional clients is typically based on a number of factors beyond the nature and extent of the specific services to be provided and often depends on the overall relationship between the client and its affiliates and the adviser and its affiliates. In addition, the Board considered the relative complexity and inherent risks and challenges of managing and providing other services to the Fund, as a publicly traded investment vehicle, as compared to the Other Accounts, particularly those that are institutional clients, in light of differing regulatory requirements and client-imposed mandates. The Board noted that BFA and its affiliates do not manage Other Accounts with substantially the same investment objective and strategy as the Fund and that track the same index as the Fund. The Board also acknowledged management’s assertion that, for certain iShares funds, and for client segmentation purposes, BlackRock has launched an iShares fund that may provide a similar investment exposure at a lower investment advisory fee rate.

The Board considered the “all-inclusive” nature of the Fund’s advisory fee structure, and the Fund’s expenses borne by BFA under this arrangement and noted that the investment advisory fee rate under the Advisory Agreement for the Fund was generally higher than the investment advisory/management fee rates for certain of the Other Accounts (particularly institutional clients) and concluded that the differences appeared to be consistent with the factors discussed.

Other Benefits to BFA and/or its Affiliates: The Board reviewed other benefits or ancillary revenue received by BFA and/or its affiliates in connection with the services provided to the Fund by BFA, both direct and indirect, including, but not limited to, payment of revenue to BTC, the Fund’s securities lending agent, for loaning portfolio securities, as applicable (which was included in the profit margins reviewed by the Board pursuant to BFA’s estimated profitability methodology), payment of advisory fees or other fees to BFA (or its affiliates) in connection with any investments by the Fund in other funds for which BFA (or its affiliates) provides investment advisory services or other services, and BlackRock’s profile in the investment community. The Board further considered other direct benefits that might accrue to BFA, including the potential for reduction in the Fund’s expenses that are borne by BFA under the “all-inclusive” management fee arrangement, due in part to the size and scope of BFA’s investment operations servicing the Fund (and other funds in the iShares complex) as well as in response to a changing market environment. The Board also reviewed and considered information provided by BFA concerning authorized participant primary market order processing services that are provided by BlackRock Investments, LLC (“BRIL”), an affiliate of BFA, and paid for by authorized participants under the ETF Servicing Platform. The Board also noted the revenue received by BFA and/or its affiliates pursuant to an agreement that permits a service provider to use certain portions of BlackRock’s technology platform to service accounts managed by BFA and/or its affiliates, including the iShares funds. The Board noted that BFA generally does not use soft dollars or consider the value of research or other services that may be provided to BFA (including its affiliates) in selecting brokers for portfolio transactions for the Fund. The Board concluded that any such ancillary benefits would not be disadvantageous to the Fund and thus would not alter the Board’s conclusion with respect to the appropriateness of approving the continuance of the Advisory Agreement for the coming year.

Conclusion: Based on a review of the factors described above, as well as such other factors as deemed appropriate by the Board, the Board, including all of the Independent Board Members, determined that the Fund’s investment advisory fee rate under the Advisory Agreement does not constitute a fee that is so disproportionately

large as to bear no reasonable relationship to the services rendered and that could not have been the product of arm’s-length bargaining, and concluded to approve the continuance of the Advisory Agreement for the coming year.

Effective January 24, 2023, the SEC adopted rule and form amendments to require open-end mutual funds and ETFs to transmit concise and visually engaging streamlined annual and semiannual reports to shareholders that highlight key information. Other information, including financial statements, will no longer appear in a streamlined shareholder report but must be available online, delivered free of charge upon request, and filed on a semiannual basis on Form N-CSR. The rule and form amendments have a compliance date of July 24, 2024. At this time, management is evaluating the impact of these amendments on the shareholder reports for the Funds.

Shareholders can sign up for e-mail notifications announcing that the shareholder report or prospectus has been posted on the iShares website at iShares.com. Once you have enrolled, you will no longer receive prospectuses and shareholder reports in the mail.

Householding is an option available to certain fund investors. Householding is a method of delivery, based on the preference of the individual investor, in which a single copy of certain shareholder documents and Rule 30e-3 notices can be delivered to investors who share the same address, even if their accounts are registered under different names. Please contact your broker-dealer if you are interested in enrolling in householding and receiving a single copy of prospectuses and other shareholder documents, or if you are currently enrolled in householding and wish to change your householding status.

The Funds file their complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year as an exhibit to their reports on Form N-PORT. The Funds’ Forms N-PORT are available on the SEC’s website at sec.gov. Additionally, each Fund makes its portfolio holdings for the first and third quarters of each fiscal year available at iShares.com/fundreports.

A description of the policies and procedures that the iShares Funds use to determine how to vote proxies relating to portfolio securities and information about how the iShares Funds voted proxies relating to portfolio securities during the most recent twelve-month period ending June 30 is available without charge, upon request (1) by calling toll-free 1-800-474-2737; (2) on the iShares website at iShares.com; and (3) on the SEC website at sec.gov.

A description of the Trust’s policies and procedures with respect to the disclosure of the Fund’s portfolio securities is available in the Fund Prospectus. The Fund discloses its portfolio holdings daily and provides information regarding its top holdings in Fund fact sheets at iShares.com.

This report is intended for the Funds’ shareholders. It may not be distributed to prospective investors unless it is preceded or accompanied by the current prospectus.

The iShares Funds are distributed by BlackRock Investments, LLC (together with its affiliates, “BlackRock”).

The iShares Funds are not sponsored, endorsed, issued, sold or promoted by Bloomberg Index Services Limited, nor does this company make any representation regarding the advisability of investing in the iShares Funds. BlackRock is not affiliated with the company listed above.


				Average Annual Total Returns									Cumulative Total Returns
	6-Month Total Returns			1 Year			5 Years			Since Inception			1 Year			5 Years			Since Inception
Fund NAV		2.12	%		2.12	%		1.64	%		1.42	%		2.12	%		8.45	%		9.05	%
Fund Market		2.14			2.30			1.58			1.43			2.30			8.17			9.11
Index		2.15			2.20			1.84			1.64			2.20			9.56			10.50


Actual							Hypothetical 5% Return


	Beginning Account Value (03/01/23)		Ending Account Value (08/31/23)		Expenses Paid During the Period	^(a)		Beginning Account Value (03/01/23)		Ending Account Value (08/31/23)		Expenses Paid During the Period	^(a)	Annualized Expense Ratio
$	1,000.00	$	1,021.20	$	0.61		$	1,000.00	$	1,024.50	$	0.61		0.12	%



Moody’s Credit Rating^*	Percent of Total Investments	^(a)
Aaa	2.1%
Aa	3.1
A	49.4
Baa	43.7
Ba	0.7
Not Rated	1.0



Maturity	Percent of Total Investments	^(a)
1-2 Years	24.1%
2-3 Years	26.3
3-4 Years	23.0
4-5 Years	22.3
5-6 Years	3.8
6-7 Years	0.3
8-9 Years	0.1
21-22 Years	0.1


				Average Annual Total Returns						Cumulative Total Returns
	6-Month Total Returns			1 Year			Since Inception			1 Year			Since Inception
Fund NAV		0.93	%		(1.27	)%		0.71	%		(1.27	)%		3.53	%
Fund Market		0.97			(1.17	)		0.73			(1.17	)		3.60
Index		0.96			(1.19	)		0.82			(1.19	)		4.06


2		T H I S P A G E I S N O T P A R T O F Y O U R F U N D R E P O R T


	Page
The Markets in Review		2
Semi-Annual Report:
Fund Summary		4
About Fund Performance		7
Disclosure of Expenses		7
Schedules of Investments		8
Financial Statements
Statements of Assets and Liabilities		119
Statements of Operations		120
Statements of Changes in Net Assets		121
Financial Highlights		123
Notes to Financial Statements		126
Board Review and Approval of Investment Advisory Contract		134
Supplemental Information		137
General Information		138
Glossary of Terms Used in this Report		139


Fund Summary as of August 31, 2023		iShares^® ESG Aware 1-5 Year USD Corporate Bond ETF


4		2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S


Fund Summary as of August 31, 2023		iShares^® ESG Aware U.S. Aggregate Bond ETF



Investment Type	Percent of Total Investments	^(a)
U.S. Government & Agency Obligations	69.7	%
Corporate Bonds & Notes	26.4
Foreign Government Obligations	3.4
Collaterized Mortgage Obligations	0.9
Asset-Backed Securities	0.4
Municipal Debt Obligations	—	^(b)
TBA Sales Commitments	(0.8	)


Fund Summary as of August 31, 2023		iShares^® ESG Aware USD Corporate Bond ETF


A B O U T F U N D P E R F O R M A N C E / D I S C L O S U R E O F E X P E N S E S		7



Affiliated Issuer	Value at 02/28/23		Purchases at Cost		Proceeds from Sale			Net Realized Gain (Loss)			Change in Unrealized Appreciation (Depreciation)			Value at 08/31/23		Shares Held at 08/31/23 (000)		Income			Capital Gain Distributions from Underlying Funds

BlackRock Cash Funds: Institutional, SL Agency Shares	$	38,044,249	$	—	$	(9,806,550	)^(a)	$	(1,665	)	$	(11,151	)	$	28,224,883		28,216	$	80,035	^(b)	$	—
BlackRock Cash Funds: Treasury, SL Agency Shares		960,000		—		(500,000	)^(a)		—			—			460,000		460		45,781			—

								$	(1,665	)	$	(11,151	)	$	28,684,883			$	125,816		$	—


	Level 1		Level 2		Level 3		Total
Assets
Investments
Long-Term Investments
Corporate Bonds & Notes	$	—	$	845,750,894	$	—	$	845,750,894
Short-Term Securities
Money Market Funds		28,684,883		—		—		28,684,883

	$	28,684,883	$	845,750,894	$	—	$	874,435,777


	iShares ESG Aware 1-5 Year USD Corporate Bond ETF			iShares ESG Aware U.S. Aggregate Bond ETF			iShares ESG Aware USD Corporate Bond ETF

ASSETS
Investments, at value — unaffiliated^(a)(b)	$	845,750,894		$	3,065,479,064		$	1,075,811,253
Investments, at value — affiliated^(c)		28,684,883			303,183,217			80,504,079
Cash		6,940			—			3,202
Receivables:
Investments sold		15,006,673			10,605,147			8,680,181
Securities lending income — affiliated		22,832			21,638			40,590
TBA sales commitments		—			24,859,598			—
Capital shares sold		—			925,705			—
Dividends — affiliated		5,036			1,231,843			13,928
Interest — unaffiliated		7,433,113			19,746,829			13,022,292

Total assets		896,910,371			3,426,053,041			1,178,075,525


LIABILITIES
Bank overdraft		—			1,591			—
Collateral on securities loaned, at value		28,235,492			26,768,970			75,360,591
TBA sales commitments, at value^(d)		—			25,123,721			—
Payables:
Investments purchased		12,356,848			294,795,405			9,651,279
Investment advisory fees		87,215			234,949			164,656

Total liabilities		40,679,555			346,924,636			85,176,526

Commitments and contingent liabilities

NET ASSETS	$	856,230,816		$	3,079,128,405		$	1,092,898,999


NET ASSETS CONSIST OF
Paid-in capital	$	923,329,980		$	3,424,803,383		$	1,265,170,075
Accumulated loss		(67,099,164	)		(345,674,978	)		(172,271,076	)

NET ASSETS	$	856,230,816		$	3,079,128,405		$	1,092,898,999


NET ASSET VALUE
Shares outstanding		35,750,000			66,100,000			48,750,000

Net asset value	$	23.95		$	46.58		$	22.42

Shares authorized		Unlimited			Unlimited			Unlimited

Par value		None			None			None


^(a)Investments, at cost — unaffiliated	$	892,484,823		$	3,367,445,024		$	1,207,320,567
^(b)Securities loaned, at value	$	26,790,981		$	26,076,244		$	72,885,916
^(c)Investments, at cost — affiliated	$	28,666,977		$	303,122,578		$	80,484,003
^(d)Proceeds from TBA sales commitments	$	—		$	24,859,598		$	—


	iShares ESG Aware 1-5 Year USD Corporate Bond ETF							iShares ESG Aware U.S. Aggregate Bond ETF


	Six Months Ended 08/31/23 (unaudited)				Year Ended 02/28/23			Six Months Ended 08/31/23 (unaudited)			Year Ended 02/28/23

INCREASE (DECREASE) IN NET ASSETS

OPERATIONS
Net investment income		$	12,250,675		$	17,407,822		$	46,489,979		$	48,605,484
Net realized loss			(8,441,291	)		(21,180,421	)		(15,676,245	)		(40,146,317	)
Net change in unrealized appreciation (depreciation)			15,084,970			(31,818,122	)		(14,313,656	)		(217,929,876	)


Net increase (decrease) in net assets resulting from operations			18,894,354			(35,590,721	)		16,500,078			(209,470,709	)


DISTRIBUTIONS TO SHAREHOLDERS^(a)
Decrease in net assets resulting from distributions to shareholders			(12,239,709	)		(17,369,925	)		(43,268,022	)		(44,953,799	)


CAPITAL SHARE TRANSACTIONS
Net increase (decrease) in net assets derived from capital share transactions			(53,915,281	)		(75,635,527	)		705,445,944			669,010,992


NET ASSETS
Total increase (decrease) in net assets			(47,260,636	)		(128,596,173	)		678,678,000			414,586,484
Beginning of period			903,491,452			1,032,087,625			2,400,450,405			1,985,863,921


End of period		$	856,230,816		$	903,491,452		$	3,079,128,405		$	2,400,450,405


	iShares ESG Aware USD Corporate Bond ETF


	Six Months Ended 08/31/23 (unaudited)			Year Ended 02/28/23

INCREASE (DECREASE) IN NET ASSETS

OPERATIONS
Net investment income	$	20,407,466		$	28,089,619
Net realized loss		(21,174,088	)		(46,232,160	)
Net change in unrealized appreciation (depreciation)		22,938,083			(98,756,993	)


Net increase (decrease) in net assets resulting from operations		22,171,461			(116,899,534	)


DISTRIBUTIONS TO SHAREHOLDERS^(a)
Decrease in net assets resulting from distributions to shareholders		(20,328,075	)		(26,535,411	)


CAPITAL SHARE TRANSACTIONS
Net increase (decrease) in net assets derived from capital share transactions		(48,847,303	)		385,322,539


NET ASSETS
Total increase (decrease) in net assets		(47,003,917	)		241,887,594
Beginning of period		1,139,902,916			898,015,322


End of period	$	1,092,898,999		$	1,139,902,916


	iShares ESG Aware 1-5 Year USD Corporate Bond ETF


		Six Months Ended 08/31/23 (unaudited)					Year Ended 02/28/23			Year Ended 02/28/22			Year Ended 02/28/21			Year Ended 02/29/20			Year Ended 02/28/19


Net asset value, beginning of period			$	23.78		$	25.11		$	26.05		$	25.74		$	24.72		$	24.60


Net investment income^(a)				0.33			0.44			0.27			0.44			0.70			0.72
Net realized and unrealized gain (loss)^(b)				0.17			(1.33	)		(0.88	)		0.35			1.02			0.06


Net increase (decrease) from investment operations				0.50			(0.89	)		(0.61	)		0.79			1.72			0.78


Distributions^(c)

From net investment income				(0.33	)		(0.44	)		(0.29	)		(0.47	)		(0.70	)		(0.66	)
From net realized gain				—			—			(0.04	)		(0.01	)		—			—


Total distributions				(0.33	)		(0.44	)		(0.33	)		(0.48	)		(0.70	)		(0.66	)


Net asset value, end of period			$	23.95		$	23.78		$	25.11		$	26.05		$	25.74		$	24.72


Total Return^(d)
Based on net asset value				2.12	%^(e)		(3.58	)%		(2.33	)%		3.07	%		7.07	%		3.23	%


Ratios to Average Net Assets^(f)
Total expenses				0.12	%^(g)		0.12	%		0.12	%		0.12	%		0.12	%		0.12	%

Net investment income				2.73	%^(g)		1.83	%		1.06	%		1.68	%		2.75	%		2.93	%


Supplemental Data
Net assets, end of period (000)			$	856,231		$	903,491		$	1,032,088		$	652,486		$	271,577		$	70,453

Portfolio turnover rate^(h)				14	%		30	%		37	%		38	%		24	%		29	%


	iShares ESG Aware U.S. Aggregate Bond ETF


		Six Months Ended 08/31/23 (unaudited)					Year Ended 02/28/23			Year Ended 02/28/22			Year Ended 02/28/21			Year Ended 02/29/20			Period From 10/18/18 to 02/28/19	^(a)


Net asset value, beginning of period			$	46.88		$	53.10		$	55.22		$	55.42		$	51.25		$	50.00


Net investment income^(b)				0.79			1.12			0.62			0.74			1.44			0.60
Net realized and unrealized gain (loss)^(c)				(0.35	)		(6.31	)		(2.15	)		0.04			4.38			1.12


Net increase (decrease) from investment operations				0.44			(5.19	)		(1.53	)		0.78			5.82			1.72


Distributions^(d)

From net investment income				(0.74	)		(1.03	)		(0.59	)		(0.87	)		(1.48	)		(0.47	)
From net realized gain				—			—			—			(0.11	)		(0.17	)		—


Total distributions				(0.74	)		(1.03	)		(0.59	)		(0.98	)		(1.65	)		(0.47	)


Net asset value, end of period			$	46.58		$	46.88		$	53.10		$	55.22		$	55.42		$	51.25


Total Return^(e)
Based on net asset value				0.93	%^(f)		(9.81	)%		(2.78	)%		1.39	%		11.52	%		3.46	%^(f)


Ratios to Average Net Assets^(g)
Total expenses				0.10	%^(h)		0.10	%		0.10	%		0.10	%		0.10	%		0.10	%^(h)


Total expenses after fees waived				0.09	%^(h)		0.09	%		0.09	%		0.08	%		0.09	%		0.09	%^(h)


Net investment income				3.31	%^(h)		2.31	%		1.13	%		1.32	%		2.69	%		3.21	%^(h)


Supplemental Data
Net assets, end of period (000)			$	3,079,128		$	2,400,450		$	1,985,864		$	1,121,045		$	221,686		$	56,371


Portfolio turnover rate^(i)(j)				79	%		158	%		234	%		384	%		266	%		99	%^(f)


	iShares ESG Aware USD Corporate Bond ETF


	Six Months Ended 08/31/23 (unaudited)				Year Ended 02/28/23			Year Ended 02/28/22			Year Ended 02/28/21			Year Ended 02/29/20			Year Ended 02/28/19


Net asset value, beginning of period		$	22.42		$	25.84		$	27.42		$	27.30		$	24.31		$	24.56


Net investment income^(a)			0.44			0.71			0.54			0.58			0.82			0.84
Net realized and unrealized gain (loss)^(b)			0.00			(3.46	)		(1.51	)		0.14			2.97			(0.28	)


Net increase (decrease) from investment operations			0.44			(2.75	)		(0.97	)		0.72			3.79			0.56


Distributions^(c)

From net investment income			(0.44	)		(0.67	)		(0.56	)		(0.60	)		(0.80	)		(0.81	)
From net realized gain			—			—			(0.05	)		—			—			—


Total distributions			(0.44	)		(0.67	)		(0.61	)		(0.60	)		(0.80	)		(0.81	)


Net asset value, end of period		$	22.42		$	22.42		$	25.84		$	27.42		$	27.30		$	24.31


Total Return^(d)
Based on net asset value			1.99	%^(e)		(10.71	)%		(3.60	)%		2.64	%		15.85	%		2.35	%


Ratios to Average Net Assets^(f)
Total expenses			0.18	%^(g)		0.18	%		0.18	%		0.18	%		0.18	%		0.18	%


Net investment income			3.90	%^(g)		3.05	%		2.00	%		2.08	%		3.14	%		3.48	%


Supplemental Data
Net assets, end of period (000)		$	1,092,899		$	1,139,903		$	898,015		$	827,938		$	126,955		$	25,524


Portfolio turnover rate^(h)			12	%		23	%		17	%		25	%		11	%		20	%



iShares ETF		Diversification Classification

ESG Aware 1-5 Year USD Corporate Bond		Diversified
ESG Aware U.S. Aggregate Bond		Diversified
ESG Aware USD Corporate Bond		Diversified



iShares ETF and Counterparty		Securities Loaned at Value		Cash Collateral Received	^(a)		Non-Cash Collateral Received, at Fair Value	^(a)		Net Amount


ESG Aware 1-5 Year USD Corporate Bond
Barclays Bank PLC	$	10,466,782	$	(10,466,782	)	$	—		$	—
BMO Capital Markets Corp.		1,534,248		(1,534,248	)		—			—
BNP Paribas SA		152,855		(152,855	)		—			—
BofA Securities, Inc.		3,902,990		(3,902,990	)		—			—
J.P. Morgan Securities LLC		5,647,965		(5,647,965	)		—			—
Morgan Stanley		3,200,417		(3,200,417	)		—			—
Pershing LLC		1,062,624		(1,062,624	)		—			—
RBC Capital Markets LLC		3,744		(3,744	)		—			—
Scotia Capital (USA), Inc.		272,110		(272,110	)		—			—
Toronto-Dominion Bank		185,252		(185,252	)		—			—
Wells Fargo Securities LLC		361,994		(361,994	)		—			—


	$	26,790,981	$	(26,790,981	)	$	—		$	—

ESG Aware U.S. Aggregate Bond
Barclays Capital, Inc.	$	8,431,362	$	(8,431,362	)	$	—		$	—
BMO Capital Markets Corp.		540,189		(540,189	)		—			—
BNP Paribas SA		1,128,149		(1,128,149	)		—			—
BofA Securities, Inc.		730,030		(730,030	)		—			—
Citigroup Global Markets, Inc.		5,187,416		(5,187,416	)		—			—
Goldman Sachs & Co. LLC		2,995,044		(2,995,044	)		—			—
J.P. Morgan Securities LLC		1,207,808		(1,207,808	)		—			—
Jefferies LLC		72,225		(72,225	)		—			—
Morgan Stanley		4,695,518		(4,695,518	)		—			—
RBC Capital Markets LLC		627,520		(627,520	)		—			—
Scotia Capital (USA), Inc.		55,851		(55,851	)		—			—
State Street Bank & Trust Co.		155,944		(155,944	)		—			—
Toronto-Dominion Bank		85,431		(85,431	)		—			—
UBS Securities LLC		163,757		(163,757	)		—			—


	$	26,076,244	$	(26,076,244	)	$	—		$	—

ESG Aware USD Corporate Bond
Barclays Bank PLC	$	21,849,023	$	(21,849,023	)	$	—		$	—
BMO Capital Markets Corp.		2,291,507		(2,291,507	)		—			—
BNP Paribas SA		983,225		(983,225	)		—			—
BofA Securities, Inc.		6,123,891		(6,123,891	)		—			—
Citadel Clearing LLC		298,556		(298,556	)		—			—
Citigroup Global Markets, Inc.		2,403,916		(2,403,916	)		—			—
J.P. Morgan Securities LLC		18,239,274		(18,239,274	)		—			—
Jefferies LLC		734,088		(734,088	)		—			—
Morgan Stanley		8,131,519		(8,131,519	)		—			—
Pershing LLC		5,252,657		(5,252,657	)		—			—
RBC Capital Markets LLC		973,403		(973,403	)		—			—
Scotia Capital (USA), Inc.		300,505		(300,505	)		—			—
State Street Bank & Trust Co.		2,677,508		(2,677,508	)		—			—
Toronto-Dominion Bank		879,525		(879,525	)		—			—
UBS Securities LLC		126,890		(126,890	)		—			—
Wells Fargo Bank N.A		294,928		(294,928	)		—			—
Wells Fargo Securities LLC		1,325,501		(1,325,501	)		—			—


	$	72,885,916	$	(72,885,916	)	$	—		$	—



iShares ETF	Investment Advisory Fees

ESG Aware 1-5 Year USD Corporate Bond		0.12	%
ESG Aware U.S. Aggregate Bond		0.10
ESG Aware USD Corporate Bond		0.18



iShares ETF	Amounts Waived
ESG Aware U.S. Aggregate Bond	$	90,110



iShares ETF	Amounts
ESG Aware 1-5 Year USD Corporate Bond	$	24,719
ESG Aware U.S. Aggregate Bond		19,364
ESG Aware USD Corporate Bond		57,526



	U.S. Government Securities				Other Securities

iShares ETF	Purchases		Sales		Purchases		Sales

ESG Aware 1-5 Year USD Corporate Bond	$	—	$	—	$	126,331,030	$	127,576,873
ESG Aware U.S. Aggregate Bond		2,310,698,225		2,140,702,914		80,940,429		61,219,796
ESG Aware USD Corporate Bond		—		—		126,342,805		124,199,371



iShares ETF	In-kind Purchases		In-kind Sales

ESG Aware 1-5 Year USD Corporate Bond	$	11,734,479	$	64,639,849
ESG Aware U.S. Aggregate Bond		504,291,297		—
ESG Aware USD Corporate Bond		194,462,258		241,924,874



iShares ETF	Non-Expiring Capital Loss Carryforwards^(a)

ESG Aware 1-5 Year USD Corporate Bond	$	(13,015,455)
ESG Aware U.S. Aggregate Bond		(36,336,783)
ESG Aware USD Corporate Bond		(22,413,546)



iShares ETF	Tax Cost		Gross Unrealized Appreciation		Gross Unrealized Depreciation			Net Unrealized Appreciation (Depreciation)

ESG Aware 1-5 Year USD Corporate Bond	$	921,900,419	$	1,278,261	$	(48,742,903	)	$	(47,464,642)
ESG Aware U.S. Aggregate Bond		3,671,373,746		1,849,967		(304,825,555	)		(302,975,588)
ESG Aware USD Corporate Bond		1,288,649,952		969,751		(133,304,371	)		(132,334,620)




	Six Months Ended 08/31/23						Year Ended 02/28/23


iShares ETF	Shares			Amount			Shares			Amount

ESG Aware 1-5 Year USD Corporate Bond
Shares sold		500,000		$	11,912,002			6,700,000		$	159,782,463
Shares redeemed		(2,750,000	)		(65,827,283	)		(9,800,000	)		(235,417,990	)

		(2,250,000	)	$	(53,915,281	)		(3,100,000	)	$	(75,635,527	)


ESG Aware U.S. Aggregate Bond
Shares sold		14,900,000		$	705,445,944			17,500,000		$	847,365,803
Shares redeemed		—			—			(3,700,000	)		(178,354,811	)

		14,900,000		$	705,445,944			13,800,000		$	669,010,992


ESG Aware USD Corporate Bond
Shares sold		8,800,000		$	198,455,590			24,550,000		$	572,972,570
Shares redeemed		(10,900,000	)		(247,302,893	)		(8,450,000	)		(187,650,031	)

		(2,100,000	)	$	(48,847,303	)		16,100,000		$	385,322,539


B O A R D R E V I E W A N D A P P R O V A L O F I N V E S T M E N T A D V I S O R Y C O N T R A C T		135



BAB		Build America Bond

CMT		Constant Maturity Treasury

GO		General Obligation

LIBOR		London Interbank Offered Rate

REIT		Real Estate Investment Trust

SCA		Svenska Celluosa Aktiebolaget

SOFR		Secured Overnight Financing Rate

TBA		To-Be-Announced


G L O S S A R Y O F T E R M S U S E D I N T H I S R E P O R T		139