The Markets in Review

Dear Shareholder,

The combination of continued economic growth and cooling inflation provided a supportive backdrop for investors during the 12-month reporting period ended October 31, 2023. Significantly tighter monetary policy helped to rein in inflation, as the annual increase in the Consumer Price Index declined to its long-term average of approximately 3% in October 2023. Meanwhile, real economic growth proved more resilient than many investors anticipated. A moderating labor market also helped ease inflationary pressure, although wages continued to grow and unemployment rates touched the lowest levels in decades before rising slightly. This robust labor market powered further growth in consumer spending, backstopping the economy. On October 7, 2023, Hamas launched a horrific attack on Israel. The ensuing war will have a significant humanitarian impact and could lead to heightened economic and market volatility. We see geopolitics as a structural market risk going forward. See our geopolitical risk dashboard at blackrock.com for more details.

Equity returns were solid during the period, as the durability of consumer spending mitigated investors’ concerns about the economy’s trajectory. The U.S. economy continued to show strength, and growth further accelerated in the third quarter of 2023. However, equity returns were uneven, as the performance of a few notable technology companies supported gains among large-capitalization U.S. stocks, while small-capitalization U.S. stocks declined overall. Meanwhile, international developed market equities advanced, and emerging market equities posted solid 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 benefited from improving economic sentiment, 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”), attempting to manage persistent inflation, raised interest rates six times during the 12-month period, but slowed and then paused its tightening later in the period. The Fed also wound down its bond-buying programs and incrementally reduced its balance sheet by not replacing securities that reach maturity.

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 several 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.

While we favor an overweight position in 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 Japanese stocks in the near term as shareholder-friendly policies generate increased investor interest. 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, euro area government bonds and gilts, 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 October 31, 2023
	6-Month		12-Month

U.S. large cap equities (S&P 500^® Index)		1.39%		10.14%

U.S. small cap equities (Russell 2000^® Index)		(5.29)		(8.56)

International equities (MSCI Europe, Australasia, Far East Index)		(7.88)		14.40

Emerging market equities (MSCI Emerging Markets Index)		(4.78)		10.80

3-month Treasury bills (ICE BofA 3-Month U.S. Treasury Bill Index)		2.63		4.77

U.S. Treasury securities (ICE BofA 10-Year U.S. Treasury Index)		(9.70)		(3.25)

U.S. investment grade bonds (Bloomberg U.S. Aggregate Bond Index)		(6.13)		0.36

Tax-exempt municipal bonds (Bloomberg Municipal Bond Index)		(4.65)		2.64

U.S. high yield bonds (Bloomberg U.S. Corporate High Yield 2% Issuer Capped Index)		0.02		6.23

Past performance is not an indication of future results. Index performance is shown for illustrative purposes only. You cannot invest directly in an index.

Global investment-grade bonds posted positive returns in the 12 months ended October 31, 2023 (the “reporting period”). The Bloomberg Global Aggregate Index, a broad measure of world bond market performance, returned 1.72% in U.S. Dollar terms for the reporting period. Income made a strong contribution to performance following an extended period of rising yields, outweighing the impact of falling prices. Lower-rated, higher-yielding market segments generally outperformed, and short-term debt outpaced longer-term issues. On the other hand, interest-rate sensitive investments—particularly developed-market government bonds—typically experienced weak relative performance.

The falling prices for government bonds reflected the global interest-rate backdrop. Persistent inflation compelled developed-market central banks to continue raising rates. While the pace of rate hikes slowed, investors began to anticipate that rates were likely to remain “higher for longer.” This trend was particularly evident in the United States, where stronger-than-expected growth prompted the markets to push out expectations for the central bank’s first rate cut. At the beginning of the period, the futures markets were indicating that the U.S. Federal Reserve’s (Fed’s) initial rate reduction would occur in the second half of 2023. In contrast, the expected timing had shifted to late 2024 by the end of October. Japan was a notable outlier compared to its developed-market peers, as the combination of lower relative inflation and tepid economic growth prompted the nation’s central bank to maintain a highly accommodative interest rate policy.

Credit-oriented market segments delivered generally positive performance and outpaced government debt. Investors appeared to be encouraged that the slowdown in global growth was less severe than expected. In addition, corporate earnings—while slowing—exceeded the depressed expectations that were in place in late 2022. These developments fueled a healthy appetite for risk among investors, leading to outperformance for lower-rated investment-grade corporates and high yield bonds.

Emerging markets debt also held up well versus developed market government issues. The category was helped by a robust contribution from income, as well as its lower interest-rate sensitivity in relation to higher-rated, developed market bonds. Additionally, emerging market central banks were seen as being closer to the point at which they could begin cutting rates than their larger peers. The asset class further benefited from the generally positive, “risk-on” tone that was in place for much of the period.

Currency movements had a meaningful impact on returns for bonds denominated in foreign currencies. The U.S. Dollar fell sharply in the first two months of the period due to the growing view that the Fed was set to move to a neutral policy, boosting returns for non-U.S. bonds. On the other hand, the Dollar’s rally from mid-July onward reversed all of its previous gains, weighing on returns for the international markets.

The iShares Core 1-5 Year USD Bond ETF (the “Fund”) seeks to track the investment results of an index composed of U.S. dollar-denominated bonds that are rated either investment-grade or high yield with remaining maturities between one and five years, as represented by the Bloomberg U.S. Universal 1-5 Year 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.

Index Performance through June 2, 2014 reflects the performance of the Bloomberg U.S. Government/Credit 1-5 Year Bond Index. Index performance beginning on June 3, 2014 reflects the performance of the Bloomberg U.S. Universal 1-5 Year Index.

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.

High quality bonds with shorter maturities experienced meaningful positive returns over the 12-month period, despite the continued rise in Treasury yields which weighed on broader bond market performance.

U.S. Treasury yields finished the 12 months higher across maturities and the yield curve was inverted at period end. The two-year Treasury yield rose from 4.51% to 5.07% while the 10-year yield rose from 4.10% to 4.88%. As a result, short-term Treasury yields remained higher than long-term yields at the end of the period.

Investment grade corporate bonds experienced positive returns in aggregate, as the sector is less interest rate-sensitive relative to Treasuries. In addition, corporate issues trade at a yield advantage versus Treasuries and their prices broadly were supported by a narrowing in this spread over the period.

Returns for investment grade corporate bonds with maturities of five years or less exceeded those for their longer-term counterparts given their lower interest rate sensitivity. In addition, an inverted yield curve eliminated the traditional income advantage for longer maturity bonds. In terms of credit quality, lower-rated issues in the Moody’s A and Baa rating categories led performance contributions due to their significant weights within the Index. All maturity segments within the Index finished well into positive territory, with contributions led by the 3-5-year segment which comprises the largest weight within the Index.

Shorter-maturity Treasuries, which comprise nearly half of the Index weight, also managed a positive return, as the income they provided more than outweighed the negative impact on prices from the relatively modest rise in yields on the front end of the curve.

The iShares Core International Aggregate Bond ETF (the “Fund”) seeks to track the investment results of an index composed of global non-U.S. dollar-denominated investment-grade bonds that mitigates exposure to fluctuations between the value of the component currencies and the U.S. dollar, as represented by the Bloomberg Global Aggregate ex USD 10% Issuer Capped (Hedged) 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 November 10, 2015. The first day of secondary market trading was November 12, 2015.

Returns for international bonds in aggregate were modestly positive for the reporting period, with sentiment improving as inflation eased and global central banks appeared to be nearing the end of their rate hiking cycles. Within the Index, Asia-bloc bonds led positive contributions. In sector terms, while corporate bonds experienced positive returns, exposure to global treasuries was the largest contributor to returns and comprise more than 60% of the Index’s weight. In terms of credit quality, while returns were positive across all ratings categories, corporate bonds in the BBB range (the lowest investment grade category) posted the strongest performance. In terms of maturity, while returns were positive across the spectrum, performance was muted for bonds with maturities greater than 10 years, which are more sensitive to rising interest rates.

The U.S. dollar declined notably relative to other currencies early in the period in anticipation of the Federal Reserve moving to a neutral policy, but rebounded late in the period to recover most of its lost ground as the central bank signaled a “higher-for-longer” stance on interest rates. As a result, hedging activity had only a modest impact on the Index’s return. A fully hedged investor seeks to bypass the currency fluctuations — both on the upside and on the downside — related to holding foreign-currency-denominated securities.

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

Asset-Backed Securities
American Express Credit Account Master Trust
Class A, 0.90%, 11/15/26	$	5,000	$	4,750,145
Class A, 4.95%, 10/15/27		1,000		987,071
Series 2022-2, Class A, 3.39%, 05/15/27		3,000		2,896,923
BA Credit Card Trust Series 2021-A1, Class A1, 0.44%, 09/15/26		3,510		3,424,421
BMW Vehicle Lease Trust 5.99%, 09/25/26		320		319,905
Discover Card Execution Note Trust 3.56%, 07/15/27		2,000		1,928,393
Series 2022-A1, Class A1, 1.96%, 02/15/27		2,300		2,189,271
GM Financial Automobile Leasing Trust 5.16%, 01/20/27 (Call 08/20/25)		3,000		2,963,549
GM Financial Consumer Automobile Receivables Trust 5.78%, 08/16/28		610		610,131
GM Financial Consumer Automobile Receivables Trust 2023-14.66%, 02/16/28 (Call 10/16/26)		3,090		3,023,747
Hyundai Auto Receivables Trust 5.48%, 04/17/28		2,000		1,990,649
Santander Drive Auto Receivables Trust Series 2021-3, Class C, 0.95%, 09/15/27 (Call 05/15/25)		794		782,930
Synchrony Card Funding LLC 5.54%, 07/15/29		3,890		3,866,198
Toyota Auto Receivables Owner Trust 2.93%, 09/15/26 (Call 05/15/26)		5,000		4,849,541
Series 2021-B, Class A4, 0.53%, 10/15/26 (Call 07/15/25)		750		694,498
Verizon Master Trust Series 2021-1, Class A, 0.50%, 05/20/27 (Call 05/20/24)		2,870		2,783,740


Total Asset-Backed Securities — 0.9% (Cost: $39,039,354)				38,061,112


Collaterized Mortgage Obligations

Mortgage-Backed Securities — 1.6%
Benchmark Mortgage Trust
Series 2018-B21, Class A2, 1.74%, 12/17/53 (Call 12/15/30)		1,000		913,051
Series 2023-B38, Class A2, 5.63%, 04/15/56 (Call 04/15/33)		7,000		6,725,147
CD Mortgage Trust, Series 2016-CD2, Class A3, 3.25%, 11/10/49 (Call 11/10/26)		946		877,865
COMM Mortgage Trust, Series 2015-PC1, Class A5, 3.90%, 07/10/50 (Call 06/10/25)		4,000		3,845,742
Commission Mortgage Trust
Class-A4, 3.09%, 10/10/49 (Call 10/10/26)		5,440		4,909,490
Series 2013-CR12, Class A4, 4.05%, 10/10/46 (Call 11/10/23)		492		480,698
Series 2015-CR25, Class A4, 3.76%, 08/10/48 (Call 08/10/25)		2,650		2,524,471
Series 2015-CR27, Class A4, 3.61%, 10/10/48 (Call 10/10/25)		1,335		1,263,528
Series 2015-LC21, Class A4, 3.71%, 07/10/48 (Call 01/10/26)		1,560		1,489,470
Federal Home Loan Mortgage Corp. Multifamily Structured Pass-Through Certificates, 4.74%, 08/25/28		10,000		9,660,405
GS Mortgage Securities Trust
Series 2014-GC20, Class AAB, 3.66%, 04/10/47 (Call 04/10/24)		43		43,191
Series 2014-GC24, Class A4, 3.67%, 09/10/47 (Call 09/10/24)		1,632		1,599,987


Security	Par (000)		Value

Mortgage-Backed Securities (continued)
Series 2014-GC24, Class A5, 3.93%, 09/10/47 (Call 09/10/24)	$	4,000	$	3,897,456
Series 2017-GS7, Class AAB, 3.20%, 08/10/50 (Call 08/10/27)		2,998		2,854,460
JPMBB Commercial Mortgage Securities Trust
Series 2014-C18, Class A5, 4.08%, 02/15/47 (Call 01/15/29)		225		223,228
Series 2015-C27, Class AS, 3.02%, 02/15/48 (Call 09/15/26)		520		508,652
Series 2015-C29, Class A4, 3.61%, 05/15/48 (Call 03/15/26)		2,000		1,897,357
Morgan Stanley Bank of America Merrill Lynch Trust
Series 2013-C10, Class AS, 3.96%, 07/15/46 (Call 06/15/28)^(a)		120		114,569
Series 2014-C17, Class A4, 3.44%, 08/15/47 (Call 07/15/24)		1,511		1,494,175
Series 2014-C18, Class ASB, 3.62%, 10/15/47 (Call 07/15/26)		157		155,902
Series 2015-C22, Class A4, 3.31%, 04/15/48 (Call 04/15/25)		250		237,742
Series 2016-C31, Class A5, 3.10%, 11/15/49 (Call 11/15/26)		3,075		2,778,077
Morgan Stanley Capital I Trust, Series 2019-L3, Class AS, 3.49%, 11/15/52 (Call 11/15/29)		970		787,087
SG Commercial Mortgage Securities Trust, Series 2016-C5, Class C5, 2.90%, 10/10/48 (Call 07/10/26)		565		544,938
UBS Commercial Mortgage Trust, Series 2018-C14, Class ASB, 4.39%, 12/15/51 (Call 12/15/28)		3,844		3,697,695
Wells Fargo Commercial Mortgage Trust
Series 2016-C35, Class A4, 2.93%, 07/15/48 (Call 07/15/26)		1,000		908,480
Series 2016-NXS5, Class A6, 3.64%, 01/15/59 (Call 02/15/26)		5,000		4,685,565
Series 2017-C39, Class A5, 3.42%, 09/15/50 (Call 08/15/27)		5,000		4,508,073


				63,626,501


Total Collaterized Mortgage Obligations — 1.6% (Cost: $69,980,598)				63,626,501


Corporate Bonds & Notes

Advertising — 0.1%
Clear Channel International BV, 6.63%, 08/01/25 (Call 11/13/23)^(b)		160		157,293
Clear Channel Outdoor Holdings Inc.
5.13%, 08/15/27 (Call 12/01/23)^(b)(c)		415		368,686
7.75%, 04/15/28 (Call 04/15/24)^(b)		335		256,691
9.00%, 09/15/28 (Call 09/15/25)^(c)		245		238,650
Lamar Media Corp., 3.75%, 02/15/28 (Call 11/16/23)		225		200,909
Omnicom Group Inc.
3.60%, 04/15/26 (Call 01/15/26)		495		468,581
3.65%, 11/01/24 (Call 08/01/24)		495		482,752
Outfront Media Capital LLC/Outfront Media Capital Corp.
5.00%, 08/15/27 (Call 11/13/23)^(b)(c)		205		182,628
6.25%, 06/15/25 (Call 12/01/23)^(b)		170		167,818
Summer BC Bidco B LLC, 5.50%, 10/31/26 (Call 12/01/23)^(b)		160		139,250


Security	Par (000)		Value

Advertising (continued)
Terrier Media Buyer Inc., 8.88%, 12/15/27 (Call 11/13/23)^(b)(c)	$	330	$	256,481


				2,919,739

Aerospace & Defense — 0.6%
Airbus SE, 3.15%, 04/10/27 (Call 01/10/27)^(b)		225		207,459
BAE Systems Finance Inc., 7.50%, 07/01/27^(b)		100		104,454
BAE Systems Holdings Inc., 3.85%, 12/15/25 (Call 09/15/25)^(b)		465		445,818
Boeing Co. (The)
2.20%, 02/04/26 (Call 11/13/23)		1,940		1,782,825
2.25%, 06/15/26 (Call 03/15/26)		252		228,455
2.60%, 10/30/25 (Call 07/30/25)		72		67,308
2.70%, 02/01/27 (Call 12/01/26)		450		405,080
2.75%, 02/01/26 (Call 01/01/26)		620		577,031
2.80%, 03/01/27 (Call 12/01/26)		115		103,284
3.10%, 05/01/26 (Call 03/01/26)		10		9,312
3.25%, 02/01/28 (Call 12/01/27)		550		490,915
4.88%, 05/01/25 (Call 04/01/25)		1,313		1,290,011
5.04%, 05/01/27 (Call 03/01/27)		905		876,293
Bombardier Inc.
6.00%, 02/15/28 (Call 02/15/24)^(b)		250		221,961
7.13%, 06/15/26 (Call 12/01/23)^(b)		425		408,989
7.50%, 03/15/25 (Call 12/01/23)^(b)		126		125,965
7.88%, 04/15/27 (Call 12/01/23)^(b)		620		596,973
Embraer Netherlands Finance BV, 5.40%, 02/01/27^(c)		200		193,087
F-Brasile SpA/F-Brasile U.S. LLC, Series XR, 7.38%, 08/15/26 (Call 11/13/23)^(b)		205		195,089
General Dynamics Corp.
1.15%, 06/01/26 (Call 05/01/26)		90		80,735
2.38%, 11/15/24 (Call 09/15/24)		205		198,036
3.25%, 04/01/25 (Call 03/01/25)		420		406,876
3.50%, 05/15/25 (Call 03/15/25)		389		377,550
3.50%, 04/01/27 (Call 02/01/27)		325		304,756
3.75%, 05/15/28 (Call 02/15/28)		50		46,549
Hexcel Corp.
4.20%, 02/15/27 (Call 11/15/26)		228		210,195
4.95%, 08/15/25 (Call 05/15/25)		210		204,525
Howmet Aerospace Inc.
5.90%, 02/01/27		250		246,598
6.75%, 01/15/28		70		70,176
6.88%, 05/01/25 (Call 04/01/25)		200		200,845
L3Harris Technologies Inc.
3.83%, 04/27/25 (Call 01/27/25)		304		294,376
3.85%, 12/15/26 (Call 09/15/26)		135		127,190
4.40%, 06/15/28 (Call 03/15/28)		750		699,813
5.40%, 01/15/27		340		334,084
Lockheed Martin Corp.
3.55%, 01/15/26 (Call 10/15/25)		425		408,327
4.45%, 05/15/28 (Call 04/15/28)		125		119,805
4.95%, 10/15/25 (Call 09/15/25)		295		292,822
5.10%, 11/15/27 (Call 10/15/27)		520		513,862
Moog Inc., 4.25%, 12/15/27 (Call 12/01/23)^(b)		175		158,363
Northrop Grumman Corp.
2.93%, 01/15/25 (Call 11/15/24)		506		488,796
3.20%, 02/01/27 (Call 11/01/26)		35		32,413
3.25%, 01/15/28 (Call 10/15/27)		715		650,932
Rolls-Royce PLC
3.63%, 10/14/25 (Call 07/14/25)^(b)		355		333,946
5.75%, 10/15/27 (Call 07/15/27)^(b)		355		336,491


Security	Par (000)		Value

Aerospace & Defense (continued)
RTX Corp.
2.65%, 11/01/26 (Call 08/01/26)	$	285	$	260,799
3.13%, 05/04/27 (Call 02/04/27)		495		450,841
3.50%, 03/15/27 (Call 12/15/26)		551		509,493
3.95%, 08/16/25 (Call 06/16/25)		720		696,457
5.00%, 02/27/26 (Call 01/27/26)		180		176,878
Spirit AeroSystems Inc.
3.85%, 06/15/26 (Call 03/15/26)		120		110,943
4.60%, 06/15/28 (Call 03/15/28)		175		138,683
7.50%, 04/15/25 (Call 12/01/23)^(b)		425		423,905
ST Engineering RHQ Ltd., 1.50%, 04/29/25 (Call 01/29/25)^(d)		600		564,757
TransDigm Inc.
5.50%, 11/15/27 (Call 12/01/23)		860		801,332
6.25%, 03/15/26 (Call 12/01/23)^(b)		1,490		1,456,847
6.75%, 08/15/28 (Call 02/15/25)^(b)		675		656,010
7.50%, 03/15/27 (Call 12/01/23)		190		189,700
Triumph Group Inc.
7.75%, 08/15/25 (Call 12/01/23)^(c)		180		171,015
9.00%, 03/15/28 (Call 03/15/25)^(b)		405		391,978


				22,468,008

Agriculture — 0.3%
Adecoagro SA, 6.00%, 09/21/27^(d)		200		185,238
Altria Group Inc.
2.35%, 05/06/25 (Call 04/06/25)		418		395,831
4.40%, 02/14/26 (Call 12/14/25)		440		425,305
6.20%, 11/01/28 (Call 10/01/28)		125		124,243
Amaggi Luxembourg International Sarl, 5.25%, 01/28/28^(d)		200		182,387
Archer-Daniels-Midland Co., 2.50%, 08/11/26 (Call 05/11/26)		342		317,132
BAT Capital Corp.
2.26%, 03/25/28 (Call 01/25/28)		550		461,993
3.22%, 09/06/26 (Call 07/06/26)		422		390,501
3.56%, 08/15/27 (Call 05/15/27)		371		336,255
4.70%, 04/02/27 (Call 02/02/27)		312		296,956
BAT International Finance PLC
1.67%, 03/25/26 (Call 02/25/26)		612		551,139
4.45%, 03/16/28 (Call 02/16/28)		300		276,271
Bunge Ltd. Finance Corp.
1.63%, 08/17/25 (Call 07/17/25)		432		400,076
3.25%, 08/15/26 (Call 05/15/26)		45		41,918
3.75%, 09/25/27 (Call 06/25/27)		5		4,625
Cargill Inc.
0.75%, 02/02/26 (Call 01/02/26)^(b)		325		292,459
3.50%, 04/22/25 (Call 12/01/23)^(b)		335		325,195
3.63%, 04/22/27 (Call 03/22/27)^(b)		335		314,919
4.50%, 06/24/26^(b)		205		199,808
4.88%, 10/10/25 (Call 09/10/25)^(b)		440		435,425
Darling Ingredients Inc., 5.25%, 04/15/27 (Call 11/13/23)^(b)		195		185,608
Imperial Brands Finance PLC
3.50%, 07/26/26 (Call 05/26/26)^(b)		365		339,859
4.25%, 07/21/25 (Call 04/21/25)^(b)		550		531,253
6.13%, 07/27/27 (Call 06/27/27)^(b)		295		292,082
MHP Lux SA, 6.95%, 04/03/26^(d)		200		148,690
Philip Morris International Inc.
0.88%, 05/01/26 (Call 04/01/26)		347		308,678
1.50%, 05/01/25 (Call 04/01/25)		399		375,038
2.75%, 02/25/26 (Call 11/25/25)		275		257,523
3.25%, 11/10/24		392		381,971


Security	Par (000)		Value

Agriculture (continued)
3.38%, 08/11/25 (Call 05/11/25)	$	378	$	362,921
4.88%, 02/13/26		650		638,244
4.88%, 02/15/28 (Call 01/15/28)		809		777,343
5.00%, 11/17/25		327		323,042
5.13%, 11/15/24		190		188,622
5.13%, 11/17/27 (Call 10/17/27)		678		660,501
5.25%, 09/07/28 (Call 08/07/28)		125		121,579
Reynolds American Inc., 4.45%, 06/12/25 (Call 03/12/25)		647		630,932
Turning Point Brands Inc., 5.63%, 02/15/26 (Call 11/13/23)^(b)		90		82,686
Vector Group Ltd., 10.50%, 11/01/26 (Call 12/01/23)^(b)		215		214,787
Viterra Finance BV
2.00%, 04/21/26 (Call 03/21/26)^(b)		300		270,911
4.90%, 04/21/27 (Call 03/21/27)^(b)		210		200,010


				13,249,956

Airlines — 0.3%
Air Canada, 3.88%, 08/15/26 (Call 02/15/26)^(b)		426		387,806
Air Canada Pass Through Trust
Series 2015-1, Class A, 3.60%, 09/15/28^(b)		22		19,960
Series 2020-1, Class C, 10.50%, 07/15/26^(b)		110		118,263
Alaska Airlines Pass Through Trust, Series 2020-1, 4.80%, 02/15/29^(b)		103		96,501
Allegiant Travel Co., 7.25%, 08/15/27 (Call 08/15/24)^(b)		180		163,637
American Airlines Group Inc., 3.75%, 03/01/25^(b)		210		196,383
American Airlines Inc.
7.25%, 02/15/28 (Call 02/15/25)^(b)		255		237,427
11.75%, 07/15/25^(b)		785		832,147
American Airlines Inc./AAdvantage Loyalty IP Ltd., 5.50%, 04/20/26^(b)		1,013		984,545
American Airlines Pass Through Trust
Series 2013-1, Class A, 4.00%, 01/15/27		76		70,526
Series 2014-1, Class A, 3.70%, 04/01/28		137		122,711
Series 2015-1, Class A, 3.38%, 11/01/28		210		185,374
Series 2015-2, Class AA, 3.60%, 03/22/29		13		11,562
Series 2016-2, Class AA, 3.20%, 12/15/29		7		6,143
Azul Secured Finance LLP, 11.93%, 08/28/28^(d)		200		194,085
Delta Air Lines Inc.
2.90%, 10/28/24 (Call 09/28/24)		123		117,992
4.38%, 04/19/28 (Call 01/19/28)^(c)		150		137,621
4.50%, 10/20/25^(b)		448		434,852
7.00%, 05/01/25^(b)		594		596,884
7.38%, 01/15/26 (Call 12/15/25)		325		328,288
Grupo Aeromexico SAB de CV, 8.50%, 03/17/27 (Call 03/17/24)^(d)		400		371,649
Hawaiian Airlines Pass Through Certificates, Series 2013-1, Class A, 3.90%, 07/15/27^(c)		69		61,866
Hawaiian Brand Intellectual Property Ltd./HawaiianMiles Loyalty Ltd., 5.75%, 01/20/26 (Call 01/20/24)^(b)		400		295,474
Mileage Plus Holdings LLC/Mileage Plus Intellectual Property Assets Ltd., 6.50%, 06/20/27 (Call 06/30/24)^(b)		680		671,996
Southwest Airlines Co.
3.45%, 11/16/27 (Call 08/16/27)		10		9,025
5.13%, 06/15/27 (Call 04/15/27)		805		777,045
5.25%, 05/04/25 (Call 04/04/25)		742		731,672
Spirit Loyalty Cayman Ltd./Spirit IP Cayman Ltd., 8.00%, 09/20/25 (Call 11/14/23)^(b)		448		331,196


Security	Par (000)		Value

Airlines (continued)
United Airlines Holdings Inc., 4.88%, 01/15/25^(c)	$	150	$	145,681
United Airlines Inc., 4.38%, 04/15/26 (Call 10/15/25)^(b)		660		613,861
United Airlines Pass Through Trust
Series 2013-1, Class A, 4.30%, 02/15/27		365		346,836
Series 2014-1, Class A, 4.00%, 10/11/27		276		256,466
Series 2014-2, Class A, 3.75%, 03/03/28		183		167,295
Series 2020-1, Class A, 5.88%, 04/15/29		501		491,521
Series 2020-1, Class B, 4.88%, 07/15/27		152		143,548
Unity 1 Sukuk Ltd., 2.39%, 11/03/25^(d)		200		186,033
VistaJet Malta Finance PLC/Vista Management Holding Inc. 7.88%, 05/01/27 (Call 05/01/24)^(b)(c)		175		134,725
9.50%, 06/01/28 (Call 06/01/25)^(b)		160		122,522


				11,101,118

Apparel — 0.1%
Hanesbrands Inc., 4.88%, 05/15/26 (Call 02/15/26)^(b)(c)		320		294,163
Michael Kors USA Inc., 4.25%, 11/01/24 (Call 09/01/24)^(b)		243		237,310
NIKE Inc.
2.38%, 11/01/26 (Call 08/01/26)		200		183,976
2.40%, 03/27/25 (Call 02/27/25)		503		482,828
2.75%, 03/27/27 (Call 01/27/27)		260		239,417
PVH Corp., 4.63%, 07/10/25 (Call 06/10/25)		245		234,763
Ralph Lauren Corp., 3.75%, 09/15/25 (Call 07/15/25)		93		89,696
Tapestry Inc., 4.13%, 07/15/27 (Call 04/15/27)		32		28,991
Under Armour Inc., 3.25%, 06/15/26 (Call 03/15/26)		225		204,823
VF Corp.
2.40%, 04/23/25 (Call 03/23/25)		373		351,243
2.80%, 04/23/27 (Call 02/23/27)		105		92,363
William Carter Co. (The), 5.63%, 03/15/27 (Call 12/01/23)^(b)		180		171,890


				2,611,463

Auto Manufacturers — 1.4%
Allison Transmission Inc., 4.75%, 10/01/27 (Call 11/13/23)^(b)		175		159,979
American Honda Finance Corp.
1.00%, 09/10/25		445		408,792
1.20%, 07/08/25		336		312,218
1.30%, 09/09/26		430		381,672
1.50%, 01/13/25		535		509,266
2.30%, 09/09/26		10		9,129
2.35%, 01/08/27		230		207,749
4.70%, 01/12/28		90		86,513
4.75%, 01/12/26		60		58,943
5.00%, 05/23/25		250		247,800
5.13%, 07/07/28		1,075		1,048,145
5.25%, 07/07/26		175		173,577
5.80%, 10/03/25		175		175,584
Series A, 4.60%, 04/17/25		300		295,661
Aston Martin Capital Holdings Ltd., 10.50%, 11/30/25 (Call 11/01/24)^(b)		405		402,468
BMW U.S. Capital LLC
1.25%, 08/12/26 (Call 07/12/26)^(b)		410		365,458
2.80%, 04/11/26 (Call 01/11/26)^(b)		77		72,266
3.30%, 04/06/27 (Call 01/06/27)^(b)		137		126,708
3.45%, 04/01/27 (Call 03/01/27)^(b)		347		322,984
3.75%, 04/12/28 (Call 01/12/28)^(b)		20		18,495


Security	Par (000)		Value

Auto Manufacturers (continued)
3.90%, 04/09/25 (Call 03/09/25)^(b)	$	779	$	760,419
5.05%, 08/11/28 (Call 07/11/28)^(b)(c)		400		388,431
5.30%, 08/11/25^(b)		400		398,543
Cummins Inc., 0.75%, 09/01/25 (Call 08/01/25)		220		202,220
Daimler Finance North America LLC
1.45%, 03/02/26^(b)		255		231,316
2.13%, 03/10/25^(b)		330		314,512
3.30%, 05/19/25^(b)		310		299,028
Daimler Trucks Finance North America LLC
1.63%, 12/13/24^(b)		300		285,974
2.00%, 12/14/26^(b)		510		453,971
3.50%, 04/07/25^(b)		350		338,173
3.65%, 04/07/27^(b)		345		320,399
5.13%, 01/19/28^(b)		245		236,968
5.15%, 01/16/26^(b)		275		270,720
5.20%, 01/17/25^(b)		160		158,597
5.40%, 09/20/28^(b)		475		460,014
5.60%, 08/08/25^(b)		305		302,979
Ford Motor Co., 4.35%, 12/08/26 (Call 09/08/26)		530		499,543
Ford Motor Credit Co. LLC
2.30%, 02/10/25 (Call 01/10/25)		445		420,052
2.70%, 08/10/26 (Call 07/10/26)		530		475,425
2.90%, 02/16/28 (Call 12/16/27)		275		233,824
3.38%, 11/13/25 (Call 10/13/25)		745		695,139
3.82%, 11/02/27 (Call 08/02/27)		225		200,660
4.06%, 11/01/24 (Call 10/01/24)		480		467,582
4.13%, 08/04/25		495		472,001
4.13%, 08/17/27 (Call 06/17/27)		445		404,346
4.27%, 01/09/27 (Call 11/09/26)		320		295,700
4.39%, 01/08/26		425		402,820
4.54%, 08/01/26 (Call 06/01/26)		280		263,255
4.69%, 06/09/25 (Call 04/09/25)		225		217,288
4.95%, 05/28/27 (Call 04/28/27)		530		496,751
5.13%, 06/16/25 (Call 05/16/25)		595		578,143
6.80%, 05/12/28 (Call 04/12/28)^(c)		500		498,747
6.95%, 03/06/26 (Call 02/06/26)		425		426,244
6.95%, 06/10/26 (Call 05/10/26)		300		300,615
7.35%, 11/04/27 (Call 10/04/27)		530		536,383
Geely Automobile Holdings Ltd., 4.00%, (Call 12/09/24), (5-year CMT + 5.449%)^(a)(d)(e)		200		191,620
Geely Finance Hong Kong Ltd., 3.00%, 03/05/25^(d)		200		189,188
General Motors Co.
6.13%, 10/01/25 (Call 09/01/25)		666		664,797
6.80%, 10/01/27 (Call 08/01/27)		510		517,627
General Motors Financial Co. Inc.
1.25%, 01/08/26 (Call 12/08/25)		639		572,585
1.50%, 06/10/26 (Call 05/10/26)		555		489,704
2.35%, 02/26/27 (Call 01/26/27)		520		457,067
2.70%, 08/20/27 (Call 06/20/27)		176		153,620
2.75%, 06/20/25 (Call 05/20/25)		525		495,710
2.90%, 02/26/25 (Call 01/26/25)		591		564,529
3.50%, 11/07/24 (Call 09/07/24)		417		405,586
3.80%, 04/07/25		10		9,653
3.85%, 01/05/28 (Call 10/05/27)		11		9,899
4.00%, 01/15/25 (Call 10/15/24)		490		476,445
4.00%, 10/06/26 (Call 07/06/26)		366		342,110
4.30%, 07/13/25 (Call 04/13/25)		195		188,440
4.35%, 04/09/25 (Call 02/09/25)		456		443,254
4.35%, 01/17/27 (Call 10/17/26)		80		75,107
5.00%, 04/09/27 (Call 03/09/27)		564		538,888
5.25%, 03/01/26 (Call 12/01/25)		405		394,511


Security	Par (000)		Value

Auto Manufacturers (continued)
5.40%, 04/06/26	$	520	$	508,843
5.80%, 06/23/28 (Call 05/23/28)		895		866,923
6.00%, 01/09/28 (Call 12/09/27)		500		491,077
6.05%, 10/10/25		580		577,766
Honda Motor Co. Ltd.
2.27%, 03/10/25 (Call 02/10/25)		355		339,430
2.53%, 03/10/27 (Call 02/10/27)		512		462,889
Hyundai Assan Otomotiv Sanayi ve Ticaret AS, 1.63%, 07/12/26^(d)		200		177,137
Hyundai Capital America
1.30%, 01/08/26 (Call 12/08/25)^(b)		389		350,764
1.50%, 06/15/26 (Call 05/15/26)^(b)		385		342,151
1.65%, 09/17/26 (Call 08/17/26)^(b)		520		458,365
1.80%, 10/15/25 (Call 09/15/25)^(b)		325		299,415
1.80%, 01/10/28 (Call 11/08/27)^(b)		35		29,107
2.38%, 10/15/27 (Call 08/15/27)^(b)		105		90,419
2.65%, 02/10/25 (Call 01/10/25)^(b)		270		258,304
2.75%, 09/27/26^(d)		200		181,815
3.50%, 11/02/26 (Call 09/02/26)^(b)		360		333,618
5.50%, 03/30/26^(b)		300		294,992
5.60%, 03/30/28 (Call 02/29/28)^(b)		312		301,992
5.65%, 06/26/26^(b)		250		246,509
5.68%, 06/26/28 (Call 05/26/28)^(b)		975		943,071
5.80%, 06/26/25^(b)		130		129,248
5.88%, 04/07/25 (Call 03/07/25)^(b)		281		279,909
5.95%, 09/21/26^(b)		250		248,196
6.10%, 09/21/28 (Call 08/21/28)^(b)		250		245,746
6.25%, 11/03/25^(b)		150		149,954
6.50%, 01/16/29 (Call 12/16/28)^(b)		150		149,563
Hyundai Capital Services Inc.
1.25%, 02/08/26^(d)		200		179,441
2.13%, 04/24/25^(d)		200		188,766
3.63%, 08/29/27^(d)		200		182,300
Jaguar Land Rover Automotive PLC
4.50%, 10/01/27 (Call 07/01/27)^(b)		175		151,024
5.88%, 01/15/28 (Call 01/15/24)^(b)		50		44,883
7.75%, 10/15/25 (Call 12/01/23)^(b)		285		285,568
JB Poindexter & Co. Inc., 7.13%, 04/15/26 (Call 12/01/23)^(b)		225		214,437
Kia Corp.
1.75%, 10/16/26^(d)		200		177,773
2.38%, 02/14/25^(d)		200		191,016
2.75%, 02/14/27^(d)		200		180,104
Mercedes-Benz Finance North America LLC
3.50%, 08/03/25^(b)		135		130,310
3.75%, 02/22/28^(b)		375		347,156
4.80%, 03/30/26^(b)		400		391,806
4.80%, 03/30/28^(b)		490		470,901
4.95%, 03/30/25^(b)		305		302,200
5.10%, 08/03/28^(b)		455		440,941
5.20%, 08/03/26^(b)		310		305,823
5.25%, 11/29/27^(b)		285		279,964
5.38%, 08/01/25^(b)		295		293,909
5.38%, 11/26/25^(b)		339		337,037
Nissan Motor Acceptance Co. LLC
1.85%, 09/16/26 (Call 08/16/26)^(b)		417		361,406
6.95%, 09/15/26^(b)(c)		110		110,190
7.05%, 09/15/28 (Call 08/15/28)^(b)		175		172,690
Nissan Motor Acceptance Corp.
2.00%, 03/09/26 (Call 02/09/26)^(b)		255		227,684
2.75%, 03/09/28 (Call 01/09/28)^(b)		35		29,018


Security	Par (000)		Value

Auto Manufacturers (continued)
Nissan Motor Co. Ltd.
3.52%, 09/17/25 (Call 08/17/25)^(b)	$	625	$	591,229
4.35%, 09/17/27 (Call 07/17/27)^(b)		905		820,197
PACCAR Financial Corp.
0.90%, 11/08/24		175		166,573
1.10%, 05/11/26		160		144,033
1.80%, 02/06/25		206		196,646
2.00%, 02/04/27		180		161,011
2.85%, 04/07/25		30		28,885
3.55%, 08/11/25		195		188,770
4.45%, 03/30/26		100		97,917
4.60%, 01/10/28		210		203,343
4.95%, 10/03/25		225		223,510
PM General Purchaser LLC, 9.50%, 10/01/28 (Call 12/01/23)^(b)		3		2,820
Stellantis Finance U.S. Inc., 1.71%, 01/29/27 (Call 12/29/26)^(b)		445		386,213
Toyota Motor Corp.
1.34%, 03/25/26 (Call 02/25/26)		647		587,309
5.12%, 07/13/28 (Call 06/13/28)		150		147,998
5.28%, 07/13/26 (Call 06/13/26)		120		119,590
Toyota Motor Credit Corp.
0.80%, 10/16/25		12		10,963
0.80%, 01/09/26		25		22,586
1.13%, 06/18/26		560		501,054
1.45%, 01/13/25		585		557,077
1.80%, 02/13/25		423		403,198
1.90%, 01/13/27		435		388,113
1.90%, 04/06/28		12		10,333
3.00%, 04/01/25		445		429,223
3.05%, 03/22/27		650		599,336
3.20%, 01/11/27		105		97,781
3.40%, 04/14/25		43		41,679
3.65%, 08/18/25		565		547,022
3.95%, 06/30/25		420		409,487
4.45%, 05/18/26		305		297,760
4.55%, 09/20/27		585		565,143
4.63%, 01/12/28		180		174,222
4.80%, 01/10/25		355		351,929
5.00%, 08/14/26		412		406,844
5.25%, 09/11/28		100		98,454
5.40%, 11/10/25		535		534,256
5.45%, 11/10/27		400		398,826
5.60%, 09/11/25		100		100,202
Volkswagen Group of America Finance LLC
1.25%, 11/24/25 (Call 10/24/25)^(b)		560		510,227
1.63%, 11/24/27 (Call 09/24/27)^(b)		55		46,278
3.20%, 09/26/26 (Call 07/26/26)^(b)		50		46,236
3.35%, 05/13/25^(b)		410		393,377
3.95%, 06/06/25^(b)		375		363,126
4.35%, 06/08/27 (Call 05/08/27)^(b)		530		499,935
4.63%, 11/13/25^(b)		200		195,186
5.65%, 09/12/28 (Call 08/12/28)^(b)		200		194,356
5.70%, 09/12/26^(b)		200		198,183
5.80%, 09/12/25^(b)		200		199,048
Wabash National Corp., 4.50%, 10/15/28 (Call 10/15/24)^(b)		125		103,527


				54,385,090


Security	Par (000)		Value

Auto Parts & Equipment — 0.1%
Adient Global Holdings Ltd.
4.88%, 08/15/26 (Call 12/01/23)^(b)	$	285	$	265,398
7.00%, 04/15/28 (Call 04/15/25)^(b)		175		172,955
American Axle & Manufacturing Inc.
6.25%, 03/15/26 (Call 11/13/23)		65		62,808
6.50%, 04/01/27 (Call 12/01/23)^(c)		180		169,781
6.88%, 07/01/28 (Call 11/13/23)		135		120,021
BorgWarner Inc., 2.65%, 07/01/27 (Call 05/01/27)		625		555,775
Clarios Global LP, 6.75%, 05/15/25 (Call 12/01/23)^(b)		167		165,898
Clarios Global LP/Clarios U.S. Finance Co.
6.25%, 05/15/26 (Call 12/04/23)^(b)		350		342,276
6.75%, 05/15/28 (Call 05/15/25)^(b)		275		267,476
8.50%, 05/15/27 (Call 12/04/23)^(b)		665		655,209
Cooper-Standard Automotive Inc., 5.63%, 05/15/27 (Call 01/31/25), (10.63% PIK)^(b)(f)		120		80,475
Dana Financing Luxembourg Sarl, 5.75%, 04/15/25 (Call 12/01/23)^(b)		88		85,671
Dana Inc.
5.38%, 11/15/27 (Call 11/13/23)		159		146,216
5.63%, 06/15/28 (Call 11/13/23)		125		113,259
Dealer Tire LLC/DT Issuer LLC, 8.00%, 02/01/28 (Call 12/01/23)^(b)		175		164,028
Goodyear Tire & Rubber Co. (The)
4.88%, 03/15/27 (Call 12/15/26)		250		230,022
5.00%, 05/31/26 (Call 12/01/23)^(c)		320		302,667
7.00%, 03/15/28^(c)		45		44,505
9.50%, 05/31/25 (Call 11/16/23)		325		329,132
IHO Verwaltungs GmbH
4.75%, 09/15/26 (Call 11/13/23), (5.50% PIK)^(b)(f)		175		161,881
6.00%, 05/15/27 (Call 11/13/23), (6.75% PIK)^(b)(f)		195		181,724
Lear Corp., 3.80%, 09/15/27 (Call 06/15/27)		20		18,302
Magna International Inc., 4.15%, 10/01/25 (Call 07/01/25)		115		111,743
SK On Co. Ltd., 5.38%, 05/11/26^(d)		200		197,875
Titan International Inc., 7.00%, 04/30/28 (Call 04/30/24)		150		137,022
ZF North America Capital Inc.
4.75%, 04/29/25^(b)		380		367,140
6.88%, 04/14/28 (Call 03/14/28)^(b)		200		194,211


				5,643,470

Banks — 10.5%
ABN AMRO Bank NV
1.54%, 06/16/27 (Call 06/16/26), (1-year CMT + 0.800%)^(a)(b)		350		306,597
4.75%, 07/28/25^(b)		535		419,665
4.80%, 04/18/26^(b)		380		361,855
6.34%, 09/18/27 (Call 09/18/26), (1-year CMT + 1.650%)^(a)(b)		400		395,669
6.58%, 10/13/26 (Call 10/13/25), (1-year CMT + 1.550%)^(a)(b)		200		199,723
ABQ Finance Ltd., 1.88%, 09/08/25^(d)		400		366,347
Abu Dhabi Commercial Bank PJSC
3.50%, 03/31/27^(d)		200		184,448
4.50%, 09/14/27^(d)		200		189,723
Access Bank PLC, 6.13%, 09/21/26^(d)		200		167,363
Agricultural Bank of China Ltd./Hong Kong
1.25%, 06/17/26^(d)		200		179,637
2.00%, 03/01/25^(d)		200		190,608
2.25%, 03/01/27^(d)		200		180,588


Security	Par (000)		Value

Banks (continued)
Agricultural Bank of China Ltd./New York
1.25%, 01/19/26^(d)	$	200	$	182,609
1.50%, 01/18/25^(d)		200		190,152
Agricultural Bank Of China Ltd./Singapore, 1.25%, 03/02/26^(d)		200		181,723
Ahli United Sukuk Ltd., 3.88%, (Call 06/17/26), (5-year CMT + 3.011%)^(a)(d)(e)		200		181,738
AIB Group PLC
6.61%, 09/13/29 (Call 09/13/28), (1-day SOFR + 2.330%)^(a)(b)		200		195,643
7.58%, 10/14/26 (Call 10/14/25), (1-day SOFR + 3.456%)^(a)(b)		240		243,071
Akbank TAS
5.13%, 03/31/25^(d)		200		192,534
6.80%, 02/06/26^(d)		200		194,060
6.80%, 06/22/31 (Call 06/22/26), (5-year CMT + 6.015%)^(a)(d)		200		187,137
Al Rajhi Sukuk Ltd., 4.75%, 04/05/28^(d)		200		193,956
ANZ Bank New Zealand Ltd., 5.55%, 08/11/32 (Call 08/11/27), (5-year CMT + 2.700%)^(a)(b)		235		226,679
ANZ New Zealand International Ltd., 5.36%, 08/14/28^(b)		400		388,955
ANZ New Zealand Int’l Ltd./London
1.25%, 06/22/26^(b)		200		177,549
2.17%, 02/18/25^(b)		210		200,026
ASB Bank Ltd.
1.63%, 10/22/26^(b)		200		176,464
5.28%, 06/17/32 (Call 06/17/27), (5-year CMT + 2.250%)^(a)(b)		325		307,812
5.35%, 06/15/26^(b)		200		196,827
5.40%, 11/29/27^(b)		200		194,797
AUB Sukuk Ltd., 2.62%, 09/09/26^(d)		200		180,575
Australia & New Zealand Banking Group Ltd.
2.95%, 07/22/30 (Call 07/22/25), (5-year CMT + 1.288%)^(a)(b)		770		714,353
4.40%, 05/19/26^(b)		200		190,365
4.83%, 02/03/25^(b)		255		252,350
5.38%, 07/03/25		390		388,274
5.67%, 10/03/25		500		500,735
Banco Bilbao Vizcaya Argentaria SA
1.13%, 09/18/25		505		459,962
5.86%, 09/14/26 (Call 09/14/25), (1-year CMT + 2.300%)^(a)		400		394,031
Banco Bradesco SA/Cayman Islands
3.20%, 01/27/25^(d)		200		191,912
4.38%, 03/18/27^(d)		200		188,272
Banco de Bogota SA, 6.25%, 05/12/26^(d)		400		377,976
Banco de Credito del Peru, 2.70%, 01/11/25 (Call 12/11/24)^(c)(d)		200		191,464
Banco de Credito del Peru SA
3.13%, 07/01/30 (Call 07/01/25), (5-year CMT + 3.000%)^(a)(d)		300		275,403
3.25%, 09/30/31 (Call 09/30/26), (5-year CMT + 2.450%)^(a)(d)		200		174,757
Banco de Credito e Inversiones SA, 3.50%, 10/12/27^(d)		200		181,311
Banco del Estado de Chile, 2.70%, 01/09/25 (Call 12/09/24)^(d)		200		191,468
Banco do Brasil SA/Cayman
3.25%, 09/30/26^(d)		200		182,856
4.63%, 01/15/25^(d)		400		390,722


Security	Par (000)		Value

Banks (continued)
Banco General SA, 4.13%, 08/07/27 (Call 05/07/27)^(d)	$	200	$	182,723
Banco Inbursa SA Institucion De Banca Multiple Grupo Financiero Inbursa, 4.38%, 04/11/27 (Call 01/11/27)^(d)		150		138,344
Banco Internacional del Peru SAA Interbank, 3.25%, 10/04/26 (Call 08/04/26)^(d)		200		184,203
Banco Nacional de Comercio Exterior SNC/Cayman Islands
2.72%, 08/11/31 (Call 08/11/26), (5-year CMT + 2.000%)^(a)(d)		200		161,029
4.38%, 10/14/25^(d)		400		385,495
Banco Santander Chile, 2.70%, 01/10/25 (Call 12/10/24)^(c)(d)		350		336,059
Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand, 5.38%, 04/17/25^(d)		700		687,649
Banco Santander SA
1.72%, 09/14/27 (Call 09/14/26), (1-year CMT + 0.900%)^(a)		1,055		915,096
1.85%, 03/25/26		835		746,401
2.75%, 05/28/25		705		664,441
3.50%, 03/24/25		600		577,132
4.18%, 03/24/28 (Call 03/24/27), (1-year CMT + 2.000%)^(a)		655		599,773
4.25%, 04/11/27		200		185,607
5.15%, 08/18/25		300		292,112
5.18%, 11/19/25		287		277,391
5.29%, 08/18/27		915		873,414
5.59%, 08/08/28		800		771,692
6.53%, 11/07/27 (Call 11/07/26), (1-year CMT + 1.650%)^(a)		200		199,980
6.61%, 11/07/28		200		200,203
Banco Votorantim SA, 4.38%, 07/29/25^(d)		200		191,441
Bangkok Bank PCL, 5.30%, 09/21/28 (Call 08/21/28)^(b)		200		193,775
Bangkok Bank PCL/Hong Kong
4.30%, 06/15/27 (Call 05/15/27)^(d)		400		378,619
4.45%, 09/19/28^(d)		200		187,429
Bank Leumi Le-Israel BM, 5.13%, 07/27/27 (Call 06/27/27)^(b)		200		186,959
Bank Mandiri Persero Tbk PT, 2.00%, 04/19/26^(d)		200		181,806
Bank Muscat SAOG, 4.75%, 03/17/26^(d)		200		191,070
Bank Negara Indonesia Persero Tbk PT
3.75%, 03/30/26^(d)		200		183,879
4.30%, (Call 03/24/27), (5-year CMT + 3.466%)^(a)(d)(e)		200		161,526
Bank of America Corp.
1.20%, 10/24/26 (Call 10/24/25), (1-day SOFR + 1.010%)^(a)		1,260		1,138,275
1.32%, 06/19/26 (Call 06/19/25), (1-day SOFR + 1.150%)^(a)		1,341		1,232,752
1.53%, 12/06/25 (Call 12/06/24), (1-day SOFR + 0.650%)^(a)		985		930,282
1.73%, 07/22/27 (Call 07/22/26), (1-day SOFR + 0.960%)^(a)		2,480		2,187,869
2.02%, 02/13/26 (Call 02/13/25), (3-mo. SOFR + 0.902%)^(a)		802		756,217
2.09%, 06/14/29 (Call 06/14/28), (1-day SOFR + 1.060%)^(a)		1,000		824,691


Security	Par (000)		Value

Banks (continued)
2.55%, 02/04/28 (Call 02/04/27), (1-day SOFR + 1.050%)^(a)	$	1,085	$	958,945
3.37%, 01/23/26 (Call 01/23/25), (3-mo. SOFR + 1.072%)^(a)		964		926,315
3.38%, 04/02/26 (Call 04/02/25), (1-day SOFR + 1.330%)^(a)		1,360		1,302,698
3.42%, 12/20/28 (Call 12/20/27), (3-mo. SOFR + 1.302%)^(a)		2,465		2,194,107
3.50%, 04/19/26		1,065		1,004,806
3.56%, 04/23/27 (Call 04/23/26), (3-mo. SOFR + 1.322%)^(a)		160		149,400
3.59%, 07/21/28 (Call 07/21/27), (3-mo. SOFR + 1.632%)^(a)		615		556,548
3.71%, 04/24/28 (Call 04/24/27), (3-mo. SOFR + 1.774%)^(a)		1,175		1,072,915
3.82%, 01/20/28 (Call 01/20/27), (3-mo. SOFR + 1.837%)^(a)		1,282		1,182,619
3.88%, 08/01/25		410		396,905
3.97%, 03/05/29 (Call 03/05/28), (3-mo. SOFR + 1.332%)^(a)		500		452,293
4.00%, 01/22/25		262		254,984
4.25%, 10/22/26		330		311,633
4.27%, 07/23/29 (Call 07/23/28), (3-mo. SOFR + 1.572%)^(a)		1,475		1,341,145
4.38%, 04/27/28 (Call 04/27/27), (1-day SOFR + 1.580%)^(a)		1,210		1,128,845
4.45%, 03/03/26		674		645,504
4.83%, 07/22/26 (Call 07/22/25), (1-day SOFR + 1.750%)^(a)		960		934,986
4.95%, 07/22/28 (Call 07/22/27), (1-day SOFR + 2.040%)^(a)		1,130		1,074,018
5.08%, 01/20/27 (Call 01/20/26), (1-day SOFR + 1.290%)^(a)		1,040		1,012,261
5.20%, 04/25/29 (Call 04/25/28), (1-day SOFR + 1.630%)^(a)		1,010		960,113
5.82%, 09/15/29 (Call 09/15/28), (1-day SOFR + 1.570%)^(a)		200		194,733
6.20%, 11/10/28 (Call 11/10/27), (1-day SOFR + 1.990%)^(a)		1,090		1,083,058
6.22%, 09/15/26		271		273,248
Series L, 3.95%, 04/21/25		495		478,548
Series N, 1.66%, 03/11/27 (Call 03/11/26), (1-day SOFR + 0.910%)^(a)		1,336		1,194,773
Bank of America NA
5.53%, 08/18/26 (Call 07/18/26)		510		505,664
5.65%, 08/18/25 (Call 07/18/25)		500		498,609
Bank of China Ltd.
3.50%, 04/20/27^(d)		200		187,660
5.00%, 11/13/24^(d)		1,400		1,384,832
Bank of China Ltd./Hong Kong
1.25%, 06/24/25^(d)		600		558,533
2.38%, 01/16/25^(d)		200		192,300
Bank of China Ltd./London, 1.00%, 11/02/24^(d)		200		190,560
Bank of China Ltd./Luxembourg, 1.40%, 04/28/26^(d)		400		362,628
Bank of China/Johannesburg, 1.88%, 02/16/25^(d)		200		190,557
Bank of Communications Co. Ltd., 3.80%, (Call 11/18/25), (5-year CMT + 3.345%)^(a)(d)(e)		1,300		1,239,037
Bank of Communications Co. Ltd./Hong Kong, 1.20%, 09/10/25^(d)		400		368,560


Security	Par (000)		Value

Banks (continued)
Bank of Communications Hong Kong Ltd., 2.30%, 07/08/31 (Call 07/08/26), (5-year CMT + 1.400%)^(a)(d)	$	400	$	362,389
Bank of East Asia Ltd. (The)
4.00%, 05/29/30 (Call 05/29/25), (5-year CMT + 3.750%)^(a)(d)		500		460,508
4.88%, 04/22/32 (Call 04/22/27), (5-year CMT + 2.300%)^(a)(d)		250		216,122
Bank of Ireland Group PLC, 6.25%, 09/16/26 (Call 09/16/25), (1-year CMT + 2.650%)^(a)(b)		880		871,535
Bank of Montreal
0.95%, 01/22/27 (Call 01/22/26), (1-day SOFR + 0.603%)^(a)		340		303,006
1.25%, 09/15/26		500		438,017
1.50%, 01/10/25		615		583,330
1.85%, 05/01/25		354		332,700
2.65%, 03/08/27		545		487,487
3.70%, 06/07/25		585		563,928
3.80%, 12/15/32 (Call 12/15/27), (5-year USD Swap + 1.432%)^(a)		420		363,599
5.20%, 12/12/24		480		475,846
5.20%, 02/01/28 (Call 01/01/28)		479		461,745
5.30%, 06/05/26		170		167,194
5.72%, 09/25/28 (Call 08/25/28)		325		318,090
5.92%, 09/25/25		175		174,550
Series H, 4.70%, 09/14/27 (Call 08/14/27)		245		233,128
Bank of New York Mellon Corp. (The)
0.75%, 01/28/26 (Call 12/28/25)		145		129,880
1.05%, 10/15/26 (Call 09/15/26)		620		543,342
1.60%, 04/24/25 (Call 03/24/25)		561		526,973
1.65%, 07/14/28 (Call 05/14/28)		25		20,703
2.05%, 01/26/27 (Call 12/26/26)		660		585,099
2.45%, 08/17/26 (Call 05/17/26)		10		9,181
2.80%, 05/04/26 (Call 02/04/26)		170		158,212
3.25%, 05/16/27 (Call 02/16/27)^(c)		15		13,725
3.40%, 01/29/28 (Call 10/29/27)		300		272,351
3.44%, 02/07/28 (Call 02/07/27), (3-mo. SOFR + 1.331%)^(a)		260		239,582
3.95%, 11/18/25 (Call 10/18/25)		20		19,207
3.99%, 06/13/28 (Call 06/13/27), (1-day SOFR + 1.151%)^(a)		265		246,644
4.41%, 07/24/26 (Call 07/24/25), (1-day SOFR + 1.345%)^(a)		140		135,949
4.54%, 02/01/29 (Call 02/01/28), (1-day SOFR + 1.168%)^(a)		500		469,068
4.95%, 04/26/27 (Call 04/26/26), (1-day SOFR + 1.026%)^(a)		380		369,284
5.15%, 05/22/26 (Call 05/22/25), (1-day SOFR + 1.067%)^(a)		250		246,661
5.22%, 11/21/25 (Call 11/21/24), (1-day SOFR + 0.800%)^(a)		315		312,463
5.80%, 10/25/28 (Call 10/25/27), (1-day SOFR + 1.802%)^(a)		450		444,207
6.32%, 10/25/29 (Call 10/25/28), (1-day SOFR + 1.598%)^(a)		250		251,913
Series G, 3.00%, 02/24/25 (Call 01/24/25)		271		261,206
Bank of New Zealand
2.29%, 01/27/27^(b)		350		311,832
4.85%, 02/07/28^(b)		265		253,178
Bank of Nova Scotia (The)
1.05%, 03/02/26		495		441,262


Security	Par (000)		Value

Banks (continued)
1.30%, 06/11/25	$	241	$	223,484
1.30%, 09/15/26 (Call 06/15/26)		480		420,963
1.35%, 06/24/26		459		407,032
1.45%, 01/10/25		592		561,102
1.95%, 02/02/27		404		356,245
2.20%, 02/03/25		534		509,398
2.70%, 08/03/26		10		9,176
2.95%, 03/11/27		390		353,887
3.45%, 04/11/25		578		556,995
4.50%, 12/16/25		185		178,427
4.75%, 02/02/26		180		175,244
5.25%, 12/06/24		475		470,997
5.25%, 06/12/28		225		215,661
5.45%, 06/12/25		215		212,828
Bank OZK, 2.75%, 10/01/31 (Call 10/01/26), (3-mo. SOFR + 2.090%)^(a)		170		126,279
BankUnited Inc., 4.88%, 11/17/25 (Call 08/17/25)		170		158,903
Banque Federative du Credit Mutuel SA
1.00%, 02/04/25^(b)		215		201,116
1.60%, 10/04/26^(b)		390		343,136
2.38%, 11/21/24^(b)		200		192,370
4.52%, 07/13/25^(b)		300		292,088
4.75%, 07/13/27^(b)		235		222,858
4.93%, 01/26/26^(b)		540		524,481
5.79%, 07/13/28^(b)		200		195,752
5.90%, 07/13/26^(b)		200		197,968
Banque Saudi Fransi, 4.75%, 05/31/28^(d)		200		191,111
Barclays PLC
2.28%, 11/24/27 (Call 11/24/26), (1-year CMT + 1.050%)^(a)		667		583,755
2.85%, 05/07/26 (Call 05/07/25), (1-day SOFR + 2.714%)^(a)		872		822,526
4.38%, 01/12/26		1,060		1,011,578
4.97%, 05/16/29 (Call 05/16/28), (3-mo. LIBOR US + 1.902%)^(a)		400		367,957
5.20%, 05/12/26		835		797,062
5.30%, 08/09/26 (Call 08/09/25), (1-year CMT + 2.300%)^(a)		680		663,317
5.50%, 08/09/28 (Call 08/09/27), (1-year CMT + 2.650%)^(a)		835		791,927
5.83%, 05/09/27 (Call 05/09/26), (1-day SOFR + 2.210%)^(a)		840		820,015
6.49%, 09/13/29 (Call 09/13/28), (1-day SOFR + 2.220%)^(a)		200		195,067
7.33%, 11/02/26 (Call 11/02/25), (1-year CMT + 3.050%)^(a)		740		748,448
7.39%, 11/02/28 (Call 11/02/27), (1-year CMT + 3.300%)^(a)		1,590		1,607,024
BBVA Bancomer SA/Texas, 1.88%, 09/18/25^(d)		200		183,971
BDO Unibank Inc., 2.13%, 01/13/26^(d)		200		184,570
BNG Bank NV, 2.38%, 03/16/26^(b)		32		29,997
BNP Paribas SA
1.32%, 01/13/27 (Call 01/13/26), (1-day SOFR + 1.004%)^(a)(b)		1,070		956,864
1.68%, 06/30/27 (Call 06/30/26), (1-day SOFR + 0.912%)^(a)(b)		615		542,231
1.90%, 09/30/28 (Call 09/30/27), (1-day SOFR + 1.609%)^(a)(b)		200		167,433
2.22%, 06/09/26 (Call 06/09/25), (1-day SOFR + 2.074%)^(a)(b)		855		798,777


Security	Par (000)		Value

Banks (continued)
2.59%, 01/20/28 (Call 01/20/27), (1-day SOFR + 1.228%)^(a)(b)	$	775	$	685,865
2.82%, 11/19/25 (Call 11/19/24), (3-mo. SOFR + 1.373%)^(a)(b)		930		894,826
3.38%, 01/09/25^(b)		815		787,604
3.50%, 11/16/27^(b)		595		537,341
4.38%, 03/01/33 (Call 03/01/28), (5-year USD Swap + 1.483%)^(a)(b)		490		430,764
4.40%, 08/14/28^(b)		575		528,749
4.63%, 03/13/27^(b)		475		444,928
5.13%, 01/13/29 (Call 01/13/28), (1-year CMT + 1.450%)^(a)(b)		600		573,739
5.34%, 06/12/29 (Call 06/12/28), (1-year CMT + 1.500%)^(a)(b)		500		479,711
Boubyan Sukuk Ltd.
2.59%, 02/18/25^(d)		200		190,522
3.39%, 03/29/27^(d)		200		186,849
Boubyan Tier 1 Sukuk Ltd., 3.95%, (Call 10/01/26), (5-year USD Swap + 2.896%)^(a)(d)(e)		200		182,065
BPCE SA
1.63%, 01/14/25^(b)		445		421,848
1.65%, 10/06/26 (Call 10/06/25), (1-day SOFR + 1.520%)^(a)(b)		705		638,698
2.05%, 10/19/27 (Call 10/19/26), (1-day SOFR + 1.087%)^(a)(b)		650		567,398
2.38%, 01/14/25^(b)		535		508,806
4.50%, 03/15/25^(b)		450		433,978
4.75%, 07/19/27^(b)		250		235,941
4.88%, 04/01/26^(b)		280		266,118
5.13%, 01/18/28^(b)		830		790,510
5.98%, 01/18/27 (Call 01/18/26), (1-day SOFR + 2.10%)^(a)(b)		550		541,179
6.61%, 10/19/27 (Call 10/19/26), (1-day SOFR + 1.980%)^(a)(b)		250		248,785
6.71%, 10/19/29 (Call 10/19/28)		250		246,546
BSF Finance, 5.50%, 11/23/27^(d)		200		197,312
Burgan Bank SAK, 2.75%, 12/15/31 (Call 09/15/26), (5-year CMT + 2.229%)^(a)(d)		200		151,142
Cadence Bank, 4.13%, 11/20/29 (Call 11/20/24), (3-mo. LIBOR US + 2.470%)^(a)		115		105,082
CaixaBank SA, 6.21%, 01/18/29 (Call 01/18/28), (1-day SOFR + 2.700%)^(a)(b)		280		270,231
Canadian Imperial Bank of Commerce
0.95%, 10/23/25		60		54,454
1.25%, 06/22/26 (Call 05/22/26)		534		472,919
2.25%, 01/28/25		448		427,798
3.45%, 04/07/27 (Call 03/07/27)		380		347,390
3.95%, 08/04/25		610		588,998
5.00%, 04/28/28 (Call 03/28/28)		240		228,590
5.14%, 04/28/25		240		236,788
5.61%, 07/17/26		100		99,026
5.93%, 10/02/26		175		174,694
5.99%, 10/03/28 (Call 09/03/28)		175		172,846
Capital One NA, 2.28%, 01/28/26 (Call 01/28/25), (1-day SOFR + 0.911%)^(a)		250		236,159
CBQ Finance Ltd.
2.00%, 09/15/25^(d)		200		183,566
2.00%, 05/12/26^(d)		200		179,526


Security	Par (000)		Value

Banks (continued)
China Construction Bank Corp.
2.45%, 06/24/30 (Call 06/24/25), (5-year CMT + 2.150%)^(a)(d)	$	1,200	$	1,132,652
2.85%, 01/21/32 (Call 01/21/27), (5-year CMT + 1.400%)^(a)(d)		600		550,195
China Construction Bank Corp./Hong Kong
1.25%, 08/04/25^(d)		400		370,812
1.46%, 04/22/26^(d)		400		363,645
China Construction Bank Corp./London, 3.13%, 05/17/25^(d)		200		192,463
China Development Bank
3.00%, 06/01/26^(d)		400		378,273
3.38%, 01/24/27^(d)		200		189,409
China Merchants Bank Co. Ltd./Hong Kong, 1.20%, 09/10/25^(d)		400		368,249
China Merchants Bank Co. Ltd./Luxembourg Branch, 1.25%, 09/01/26^(d)		200		177,969
CIMB Bank Bhd, 2.13%, 07/20/27^(d)		200		175,999
Citibank NA
5.80%, 09/29/28 (Call 08/29/28)		500		493,783
5.86%, 09/29/25 (Call 08/29/25)		500		500,675
Citigroup Inc.
1.12%, 01/28/27 (Call 01/28/26), (1-day SOFR + 0.765%)^(a)		1,068		949,335
1.28%, 11/03/25 (Call 11/03/24), (1-day SOFR + 0.528%)^(a)		512		484,508
1.46%, 06/09/27 (Call 06/09/26), (1-day SOFR + 0.770%)^(a)		1,105		972,406
2.01%, 01/25/26 (Call 01/25/25), (1-day SOFR + 0.694%)^(a)		570		538,160
3.07%, 02/24/28 (Call 02/24/27), (1-day SOFR + 1.280%)^(a)		1,015		913,726
3.11%, 04/08/26 (Call 04/08/25), (1-day SOFR + 2.842%)^(a)		873		832,833
3.20%, 10/21/26 (Call 07/21/26)		1,220		1,125,762
3.29%, 03/17/26 (Call 03/17/25), (1-day SOFR + 1.528%)^(a)		785		751,595
3.40%, 05/01/26		315		296,214
3.52%, 10/27/28 (Call 10/27/27), (3-mo. SOFR + 1.412%)^(a)		800		718,937
3.67%, 07/24/28 (Call 07/24/27), (3-mo. SOFR + 1.652%)^(a)		1,060		960,931
3.70%, 01/12/26		860		818,295
3.88%, 03/26/25		355		342,378
3.89%, 01/10/28 (Call 01/10/27), (3-mo. SOFR + 1.825%)^(a)		910		843,744
4.08%, 04/23/29 (Call 04/23/28), (3-mo. SOFR + 1.454%)^(a)		615		559,023
4.13%, 07/25/28		25		22,424
4.30%, 11/20/26		110		103,372
4.40%, 06/10/25		527		510,019
4.45%, 09/29/27		1,690		1,561,414
4.60%, 03/09/26		640		613,391
4.66%, 05/24/28 (Call 05/24/27), (1-day SOFR + 1.887%)^(a)		645		610,689
5.50%, 09/13/25		668		658,696
5.61%, 09/29/26 (Call 09/29/25), (1-day SOFR + 1.546%)^(a)		825		814,320
6.63%, 01/15/28		85		88,103


Security	Par (000)		Value

Banks (continued)
Citizens Bank NA
2.25%, 04/28/25 (Call 03/28/25)	$	225	$	208,160
4.58%, 08/09/28 (Call 08/09/27), (1-day SOFR + 2.000%)^(a)		650		576,714
Citizens Financial Group Inc.
2.85%, 07/27/26 (Call 04/27/26)		297		263,259
4.30%, 12/03/25 (Call 11/03/25)		195		183,372
Commercial Bank of Dubai PSC, 6.00%, (Call 04/21/26)^(a)(d)(e)		200		195,109
Commercial Bank PSQC (The), 4.50%, (Call 03/03/26), (5-year CMT + 3.874%)^(a)(d)(e)		200		180,000
Commonwealth Bank of Australia
1.13%, 06/15/26^(b)		615		547,909
2.30%, 03/14/25^(b)(c)		450		430,774
2.55%, 03/14/27^(b)		645		582,166
2.63%, 09/06/26^(b)		45		41,433
2.85%, 05/18/26^(b)		410		383,368
3.15%, 09/19/27^(b)		65		59,231
3.90%, 03/16/28^(b)		65		60,808
4.50%, 12/09/25^(b)		200		193,184
5.50%, 09/12/25		250		249,654
Commonwealth Bank of Australia/New York NY
5.08%, 01/10/25		455		452,846
5.32%, 03/13/26		415		412,544
Cooperatieve Rabobank UA
1.00%, 09/24/26 (Call 09/24/25), (1-year CMT + 0.730%)^(a)(b)		555		503,361
1.11%, 02/24/27 (Call 02/24/26), (1-year CMT + 0.550%)^(a)(b)		615		544,690
1.34%, 06/24/26 (Call 06/24/25), (1-year CMT + 1.000%)^(a)(b)		520		479,717
1.98%, 12/15/27 (Call 12/15/26), (1-year CMT + 0.730%)^(a)(b)		450		394,071
4.38%, 08/04/25		405		389,006
4.66%, 08/22/28 (Call 08/22/27), (1-year CMT + 1.750%)^(a)(b)		620		581,532
5.50%, 07/18/25		250		248,387
5.50%, 10/05/26		500		496,119
5.56%, 02/28/29 (Call 02/28/28), (1-year CMT + 1.400%)^(a)(b)		360		346,903
Cooperatieve Rabobank UA/NY
1.38%, 01/10/25		565		536,216
3.38%, 05/21/25		285		274,470
Corp. Financiera de Desarrollo SA, 4.75%, 07/15/25^(d)		200		194,068
Credicorp Ltd., 2.75%, 06/17/25 (Call 05/17/25)^(d)		200		187,326
Credit Agricole SA
1.25%, 01/26/27 (Call 01/26/26), (1-day SOFR + 0.891%)^(a)(b)		700		624,114
2.02%, 01/11/27^(b)		560		493,867
4.00%, 01/10/33 (Call 01/10/28), (5-year USD Swap + 1.644%)^(a)(b)		530		461,060
5.59%, 07/05/26^(b)		250		247,164
6.32%, 10/03/29 (Call 10/03/28), (1-day SOFR + 1.860%)^(a)(b)		250		245,853
Credit Agricole SA/London
1.91%, 06/16/26 (Call 06/16/25), (1-day SOFR + 1.676%)^(a)(b)		805		749,153
2.38%, 01/22/25^(b)		250		238,613
Credit Suisse AG/New York NY
1.25%, 08/07/26		622		542,281


Security	Par (000)		Value

Banks (continued)
2.95%, 04/09/25	$	665	$	631,441
3.70%, 02/21/25		535		515,192
5.00%, 07/09/27^(c)		550		524,824
7.50%, 02/15/28		905		939,434
7.95%, 01/09/25		280		283,957
Dah Sing Bank Ltd., 3.00%, 11/02/31 (Call 11/02/26), (5-year CMT + 1.950%)^(a)(d)		250		219,504
Danske Bank A/S
1.55%, 09/10/27 (Call 09/10/26), (1-year CMT + 0.730%)^(a)(b)		375		324,616
1.62%, 09/11/26 (Call 09/11/25), (1-year CMT + 1.350%)^(a)(b)		200		182,185
3.24%, 12/20/25 (Call 12/20/24), (3-mo. LIBOR US + 1.591%)^(a)(b)		340		325,999
4.30%, 04/01/28 (Call 04/01/27), (1-year CMT + 1.750%)^(a)(b)		465		429,230
6.26%, 09/22/26 (Call 09/22/25), (1-year CMT + 1.180%)^(a)(b)		200		199,564
6.47%, 01/09/26 (Call 01/09/25), (1-year CMT + 2.100%)^(a)(b)		435		433,121
DBS Group Holdings Ltd.
1.82%, 03/10/31 (Call 03/10/26), (5-year CMT + 1.100%)^(a)(d)		200		181,146
3.30%, (Call 02/27/25), (5-year CMT + 1.915%)^(a)(d)(e)		200		189,893
Deutsche Bank AG
4.10%, 01/13/26		55		52,325
4.50%, 04/01/25		540		517,093
Deutsche Bank AG/New York NY
1.69%, 03/19/26		445		401,026
2.13%, 11/24/26 (Call 11/24/25), (1-day SOFR + 1.870%)^(a)		770		694,645
2.31%, 11/16/27 (Call 11/16/26), (1-day SOFR + 1.219%)^(a)		670		579,006
2.55%, 01/07/28 (Call 01/07/27), (1-day SOFR + 1.318%)^(a)		535		462,998
3.96%, 11/26/25 (Call 11/26/24), (1-day SOFR + 2.581%)^(a)		670		646,209
4.10%, 01/13/26		187		177,631
4.88%, 12/01/32 (Call 12/01/27), (5-year USD ICE Swap + 2.553%)^(a)		435		365,716
5.37%, 09/09/27		240		232,243
6.12%, 07/14/26 (Call 07/14/25), (1-day SOFR + 3.190%)^(a)		500		492,162
6.72%, 01/18/29 (Call 01/18/28), (1-day SOFR + 3.180%)^(a)		330		323,621
7.15%, 07/13/27 (Call 07/13/26), (1-day SOFR + 2.520%)^(a)		265		264,627
Development Bank of Kazakhstan JSC, 5.75%, 05/12/25^(d)		200		198,374
Dexia Credit Local SA, 1.13%, 04/09/26^(b)		200		180,531
DIB Sukuk Ltd.
1.96%, 06/22/26^(d)		400		362,553
2.74%, 02/16/27^(d)		400		363,163
2.95%, 01/16/26^(d)		600		561,670
5.49%, 11/30/27^(d)		200		198,794
DIB Tier 1 Sukuk 3 Ltd., 6.25%, (Call 01/22/25)^(a)(d)(e)		400		396,191
DIB Tier 1 Sukuk 4 Ltd., 4.63%, (Call 05/19/26)^(a)(d)(e)		200		188,107


Security	Par (000)		Value

Banks (continued)
DIB Tier 1 Sukuk 5 Ltd., 3.38%, 10/19/26 (Call 10/19/26)^(a)(d)	$	200	$	179,039
Discover Bank, 3.45%, 07/27/26 (Call 04/27/26)		250		225,799
DNB Bank ASA
1.54%, 05/25/27 (Call 05/25/26), (1-year CMT + 0.720%)^(a)(b)		465		410,348
5.90%, 10/09/26 (Call 10/09/25), (1-day SOFR + 1.950%)^(a)(b)		560		556,496
Doha Finance Ltd., 2.38%, 03/31/26^(d)		200		180,915
EI Sukuk Co. Ltd.
1.83%, 09/23/25^(d)		200		184,259
2.08%, 11/02/26^(d)		200		180,582
Emirates Development Bank PJSC, 1.64%, 06/15/26^(d)		400		358,112
Emirates NBD Bank PJSC
1.64%, 01/13/26^(d)		400		362,108
2.63%, 02/18/25^(d)		200		189,673
4.25%, (Call 02/27/27)^(a)(d)(e)		200		176,504
6.13%, (Call 03/20/25)^(a)(d)(e)		400		390,398
6.13%, (Call 04/09/26)^(a)(d)(e)		200		195,879
Fab Sukuk Co. Ltd., 1.41%, 01/14/26^(d)		400		362,973
Federation des Caisses Desjardins du Quebec
2.05%, 02/10/25^(b)		340		322,389
4.40%, 08/23/25^(b)		265		256,429
4.55%, 08/23/27^(b)		210		198,656
5.28%, 01/23/26 (Call 01/23/25), (1-day SOFR + 1.094%)^(a)(b)		200		196,712
5.70%, 03/14/28^(b)		200		195,364
Fifth Third Bancorp.
1.71%, 11/01/27 (Call 11/01/26), (1-day SOFR + 0.685%)^(a)		530		451,736
2.38%, 01/28/25 (Call 12/28/24)		257		244,349
4.06%, 04/25/28 (Call 04/25/27), (1-day SOFR + 1.355%)^(a)		435		393,124
6.34%, 07/27/29 (Call 07/27/28), (1-day SOFR + 2.340%)^(a)		50		48,438
6.36%, 10/27/28 (Call 10/27/27), (1-day SOFR + 2.192%)^(a)		582		567,582
First Abu Dhabi Bank PJSC
4.38%, 04/24/28^(d)		200		189,806
4.50%, (Call 04/05/26), (5-year CMT + 4.138%)^(a)(d)(e)		400		375,682
4.77%, 06/06/28^(d)		200		192,296
5.13%, 10/13/27^(d)		200		196,181
First Citizens BancShares Inc./NC, 3.38%, 03/15/30 (Call 03/15/25), (3-mo. SOFR + 2.465%)^(a)		15		13,963
First Horizon Corp., 4.00%, 05/26/25 (Call 04/26/25)^(c)		222		206,493
First-Citizens Bank & Trust Co., 6.13%, 03/09/28		15		14,572
Freedom Mortgage Corp.
6.63%, 01/15/27 (Call 01/15/24)		175		151,428
7.63%, 05/01/26 (Call 12/01/23)^(b)		175		161,059
12.00%, 10/01/28 (Call 10/01/25)^(b)		250		250,863
Goldman Sachs Group Inc. (The)
0.86%, 02/12/26 (Call 02/12/25), (1-day SOFR + 0.609%)^(a)		370		343,172
1.09%, 12/09/26 (Call 12/09/25), (1-day SOFR + 0.789%)^(a)		845		754,009
1.43%, 03/09/27 (Call 03/09/26), (1-day SOFR + 0.798%)^(a)		1,099		975,625


Security	Par (000)		Value

Banks (continued)
1.54%, 09/10/27 (Call 09/10/26), (1-day SOFR + 0.818%)^(a)	$	1,076	$	935,524
1.95%, 10/21/27 (Call 10/21/26), (1-day SOFR + 0.913%)^(a)		1,565		1,372,416
2.64%, 02/24/28 (Call 02/24/27), (1-day SOFR + 1.114%)^(a)		1,158		1,025,902
3.50%, 01/23/25 (Call 10/23/24)		642		621,870
3.50%, 04/01/25 (Call 03/01/25)		681		655,505
3.50%, 11/16/26 (Call 11/16/25)		589		546,135
3.62%, 03/15/28 (Call 03/15/27), (1-day SOFR + 1.846%)^(a)		1,310		1,198,906
3.69%, 06/05/28 (Call 06/05/27), (3-mo. SOFR + 1.772%)^(a)		1,000		912,345
3.75%, 05/22/25 (Call 02/22/25)		926		892,547
3.75%, 02/25/26 (Call 11/25/25)		740		702,061
3.81%, 04/23/29 (Call 04/23/28), (3-mo. SOFR + 1.420%)^(a)		950		853,281
3.85%, 01/26/27 (Call 01/26/26)		869		809,368
4.22%, 05/01/29 (Call 05/01/28), (3-mo. SOFR + 1.563%)^(a)		990		902,958
4.25%, 10/21/25		802		769,084
4.39%, 06/15/27 (Call 06/15/26), (1-day SOFR + 1.510%)^(a)		370		353,358
4.48%, 08/23/28 (Call 08/23/27), (1-day SOFR + 1.725%)^(a)		1,010		945,624
5.70%, 11/01/24		545		543,135
5.80%, 08/10/26 (Call 08/10/25), (1-day SOFR + 1.075%)^(a)		745		737,304
5.95%, 01/15/27		148		145,974
6.48%, 10/24/29 (Call 10/24/28), (1-day SOFR + 1.770%)^(a)		400		399,770
Gulf International Bank BSC, 2.38%, 09/23/25^(d)		200		185,664
Hana Bank
1.25%, 12/16/26^(d)		200		174,796
3.25%, 03/30/27^(d)		200		184,407
HSBC Holdings PLC
1.59%, 05/24/27 (Call 05/24/26), (1-day SOFR + 1.290%)^(a)		701		617,384
1.65%, 04/18/26 (Call 04/18/25), (1-day SOFR + 1.538%)^(a)		845		785,949
2.10%, 06/04/26 (Call 06/04/25), (1-day SOFR + 1.929%)^(a)		845		786,956
2.25%, 11/22/27 (Call 11/22/26), (1-day SOFR + 1.100%)^(a)		1,225		1,073,978
2.63%, 11/07/25 (Call 11/07/24), (3-mo. SOFR + 1.401%)^(a)		915		877,308
3.00%, 03/10/26 (Call 03/10/25), (1-day SOFR + 1.430%)^(a)		800		762,742
3.90%, 05/25/26		405		382,275
4.04%, 03/13/28 (Call 03/13/27), (3-mo. SOFR + 1.808%)^(a)		900		826,716
4.18%, 12/09/25 (Call 12/09/24), (1-day SOFR + 1.510%)^(a)		460		447,825
4.25%, 08/18/25		730		699,652
4.29%, 09/12/26 (Call 09/12/25), (3-mo. SOFR + 1.609%)^(a)		385		369,396
4.30%, 03/08/26		1,160		1,110,995
4.38%, 11/23/26		520		490,661
4.58%, 06/19/29 (Call 06/19/28), (3-mo. SOFR + 1.796%)^(a)		575		523,947


Security	Par (000)		Value

Banks (continued)
4.76%, 06/09/28 (Call 06/09/27), (1-day SOFR + 2.110%)^(a)	$	805	$	753,635
5.21%, 08/11/28 (Call 08/11/27), (1-day SOFR + 2.610%)^(a)		1,075		1,024,567
5.89%, 08/14/27 (Call 08/14/26), (1-day SOFR + 1.570%)^(a)		945		928,327
6.16%, 03/09/29 (Call 03/09/28), (1-day SOFR + 1.970%)^(a)		1,385		1,355,816
7.34%, 11/03/26 (Call 11/03/25), (1-day SOFR + 3.030%)^(a)		920		935,878
7.39%, 11/03/28 (Call 11/03/27), (1-day SOFR + 3.350%)^(a)		745		764,228
HSBC USA Inc., 5.63%, 03/17/25		300		298,068
Huntington Bancshares Inc., 4.44%, 08/04/28 (Call 08/04/27), (1-day SOFR + 1.970%)^(a)		265		241,961
Huntington Bancshares Inc./OH, 4.00%, 05/15/25 (Call 04/15/25)		186		178,199
Huntington National Bank (The)
4.55%, 05/17/28 (Call 05/17/27), (1-day SOFR + 1.650%)^(a)		275		252,811
5.70%, 11/18/25 (Call 11/18/24), (1-day SOFR + 1.215%)^(a)		290		281,667
ICICI Bank Ltd./Dubai, 4.00%, 03/18/26^(c)(d)		400		384,056
Industrial & Commercial Bank of China Ltd.
3.20%, (Call 09/24/26), (5-year CMT + 2.368%)^(a)(d)(e)		2,800		2,569,865
4.88%, 09/21/25^(d)		600		588,938
Industrial & Commercial Bank of China Ltd./Hong Kong
1.20%, 07/20/25^(d)		400		370,873
1.63%, 10/28/26^(d)		200		179,040
Industrial & Commercial Bank of China Ltd./Singapore, 1.20%, 09/09/25^(d)		600		553,021
ING Groep NV
1.40%, 07/01/26 (Call 07/01/25), (1-year CMT + 1.100%)^(a)(b)		335		307,572
1.73%, 04/01/27 (Call 04/01/26), (1-day SOFR + 1.005%)^(a)		385		343,779
3.87%, 03/28/26 (Call 03/28/25), (1-day SOFR + 1.640%)^(a)		435		419,245
3.95%, 03/29/27		460		425,752
4.02%, 03/28/28 (Call 03/28/27), (1-day SOFR + 1.830%)^(a)		470		432,540
4.63%, 01/06/26^(b)		435		421,143
6.08%, 09/11/27 (Call 09/11/26), (1-day SOFR + 1.560%)^(a)		200		198,155
Intesa Sanpaolo SpA
3.88%, 07/14/27^(b)		5		4,425
5.71%, 01/15/26^(b)		530		503,077
7.00%, 11/21/25^(b)		200		200,981
Itau Unibanco Holding SA/Cayman Island, 3.25%, 01/24/25^(d)		200		192,650
JPMorgan Chase & Co.
1.04%, 02/04/27 (Call 02/04/26), (3-mo. SOFR + 0.695%)^(a)		720		639,912
1.05%, 11/19/26 (Call 11/19/25), (1-day SOFR + 0.800%)^(a)		1,120		1,007,559
1.47%, 09/22/27 (Call 09/22/26), (1-day SOFR + 0.765%)^(a)		1,239		1,079,038
1.56%, 12/10/25 (Call 12/10/24), (1-day SOFR + 0.605%)^(a)		946		895,494


Security	Par (000)		Value

Banks (continued)
1.58%, 04/22/27 (Call 04/22/26), (1-day SOFR + 0.885%)^(a)	$	1,303	$	1,161,994
2.01%, 03/13/26 (Call 03/13/25), (3-mo. SOFR + 1.585%)^(a)		938		884,896
2.08%, 04/22/26 (Call 04/22/25), (1-day SOFR + 1.850%)^(a)		1,374		1,291,155
2.18%, 06/01/28 (Call 06/01/27), (1-day SOFR + 1.890%)^(a)		335		291,124
2.60%, 02/24/26 (Call 02/24/25), (1-day SOFR + 0.915%)^(a)		680		648,008
2.95%, 10/01/26 (Call 07/01/26)		935		865,069
2.95%, 02/24/28 (Call 02/24/27), (1-day SOFR + 1.170%)^(a)		800		720,076
3.20%, 06/15/26 (Call 03/15/26)		420		393,609
3.30%, 04/01/26 (Call 01/01/26)		616		580,323
3.51%, 01/23/29 (Call 01/23/28), (3-mo. SOFR + 1.207%)^(a)		945		847,148
3.54%, 05/01/28 (Call 05/01/27), (3-mo. SOFR + 1.642%)^(a)		1,092		998,181
3.63%, 12/01/27 (Call 12/01/26)		965		880,839
3.78%, 02/01/28 (Call 02/01/27), (3-mo. SOFR + 1.599%)^(a)		805		746,316
3.90%, 07/15/25 (Call 04/15/25)		363		351,750
3.96%, 01/29/27 (Call 01/29/26), (3-mo. SOFR + 1.507%)^(a)		803		765,198
4.01%, 04/23/29 (Call 04/23/28), (3-mo. SOFR + 1.382%)^(a)		15		13,659
4.08%, 04/26/26 (Call 04/26/25), (1-day SOFR + 1.320%)^(a)		1,221		1,183,368
4.13%, 12/15/26		330		311,570
4.32%, 04/26/28 (Call 04/26/27), (1-day SOFR + 1.560%)^(a)		1,366		1,282,997
4.85%, 07/25/28 (Call 07/25/27), (1-day SOFR + 1.990%)^(a)		1,580		1,509,427
5.30%, 07/24/29 (Call 07/24/28), (1-day SOFR + 1.450%)^(a)		1,840		1,771,172
5.55%, 12/15/25 (Call 12/15/24), (1-day SOFR + 1.070%)^(a)		1,000		992,568
6.07%, 10/22/27 (Call 10/22/26), (1-day SOFR + 1.330%)^(a)		630		629,180
6.09%, 10/23/29 (Call 10/23/28), (1-day SOFR + 1.570%)^(a)		600		596,416
7.63%, 10/15/26		330		344,798
7.75%, 07/15/25		25		25,771
8.00%, 04/29/27		275		292,065
Kasikornbank PCL/Hong Kong, 3.34%, 10/02/31 (Call 10/02/26), (5-year CMT + 1.700%)^(a)(d)		400		353,156
KBC Group NV, 5.80%, 01/19/29 (Call 01/19/28), (1-year CMT + 2.100%)^(a)(b)		305		294,233
KeyBank NA/Cleveland OH
3.30%, 06/01/25		250		231,964
4.15%, 08/08/25		490		455,719
4.39%, 12/14/27		380		332,331
5.85%, 11/15/27 (Call 10/16/27)		520		480,718
KeyCorp
2.25%, 04/06/27		200		165,812
4.15%, 10/29/25		170		158,272
Kookmin Bank
1.38%, 05/06/26^(d)		400		359,849
1.75%, 05/04/25^(d)		200		188,281
2.13%, 02/15/25^(d)		200		190,763


Security	Par (000)		Value

Banks (continued)
Korea Development Bank (The)
0.80%, 07/19/26	$	200	$	176,236
1.00%, 09/09/26		200		176,148
3.00%, 01/13/26		800		757,966
3.38%, 09/16/25		600		576,943
Kreditanstalt fuer Wiederaufbau
0.38%, 07/18/25		3,572		3,289,619
0.63%, 01/22/26		3,730		3,380,017
1.00%, 10/01/26		587		524,610
1.25%, 01/31/25		1,181		1,121,933
2.00%, 05/02/25		1,755		1,671,360
2.50%, 11/20/24		639		619,219
2.88%, 04/03/28		45		41,260
3.00%, 05/20/27		185		173,392
3.13%, 06/10/25		315		304,594
3.63%, 04/01/26		50		48,369
3.75%, 02/15/28		1,975		1,880,762
3.88%, 06/15/28		3,000		2,864,528
4.63%, 08/07/26		80		79,187
Landeskreditbank Baden-Wuerttemberg Foerderbank, 0.50%, 12/08/25^(d)		15		13,624
Landwirtschaftliche Rentenbank
0.88%, 03/30/26		362		327,319
1.75%, 07/27/26		70		64,152
1.75%, 01/14/27^(d)		95		85,967
2.00%, 01/13/25		307		294,707
2.38%, 06/10/25		625		596,494
3.88%, 09/28/27^(c)		142		137,007
3.88%, 06/14/28		1,000		955,598
Series 37, 2.50%, 11/15/27		1,055		963,348
Series 40, 0.50%, 05/27/25		820		760,517
Lloyds Banking Group PLC
1.63%, 05/11/27 (Call 05/11/26), (1-year CMT + 0.850%)^(a)		590		522,452
2.44%, 02/05/26 (Call 02/05/25), (1-year CMT + 1.000%)^(a)		605		573,555
3.51%, 03/18/26 (Call 03/18/25), (1-year CMT + 1.600%)^(a)		615		589,582
3.57%, 11/07/28 (Call 11/07/27), (3-mo. LIBOR US + 1.205%)^(a)		315		279,625
3.75%, 03/18/28 (Call 03/18/27), (1-year CMT + 1.800%)^(a)		800		728,939
4.45%, 05/08/25		360		349,743
4.50%, 11/04/24		300		293,448
4.65%, 03/24/26		928		879,279
5.87%, 03/06/29 (Call 03/06/28), (1-year CMT + 1.700%)^(a)		1,000		967,102
5.99%, 08/07/27 (Call 08/07/26), (1-year CMT + 1.480%)^(a)		595		586,146
M&T Bank Corp., 4.55%, 08/16/28 (Call 08/16/27), (1-day SOFR + 1.780%)^(a)		390		354,807
Macquarie Bank Ltd.
2.30%, 01/22/25^(b)		520		497,590
3.23%, 03/21/25^(b)		410		395,692
3.90%, 01/15/26^(b)		360		345,246
4.00%, 07/29/25^(b)		220		213,084
5.21%, 06/15/26^(b)		120		117,982
Macquarie Group Ltd.
1.34%, 01/12/27 (Call 01/12/26), (1-day SOFR + 1.069%)^(a)(b)		550		491,685


Security	Par (000)		Value

Banks (continued)
1.63%, 09/23/27 (Call 09/23/26), (1-day SOFR + 0.910%)^(a)(b)	$	535	$	465,697
1.94%, 04/14/28 (Call 04/14/27), (1-day SOFR + 0.995%)^(a)(b)		340		291,100
3.76%, 11/28/28 (Call 11/28/27), (3-mo. LIBOR US + 1.372%)^(a)(b)		35		31,417
4.10%, 06/21/28 (Call 06/21/27), (1-day SOFR + 2.125%)^(a)(b)		55		50,654
4.65%, 03/27/29 (Call 03/27/28), (3-mo. LIBOR US + 1.727%)^(a)(b)		10		9,223
5.11%, 08/09/26 (Call 08/09/25), (1-day SOFR + 2.208%)^(a)(b)		350		344,222
Manufacturers & Traders Trust Co.
4.65%, 01/27/26 (Call 12/27/25)		480		453,030
4.70%, 01/27/28 (Call 12/27/27)		635		575,010
5.40%, 11/21/25 (Call 10/21/25)		400		386,076
MAR Sukuk Ltd., 2.21%, 09/02/25^(d)		400		373,818
Mashreqbank PSC, 7.88%, 02/24/33 (Call 11/24/27), (5-year CMT + 3.997%)^(a)(d)		200		203,762
Metropolitan Bank & Trust Co., 2.13%, 01/15/26^(d)		200		184,462
Mitsubishi UFJ Financial Group Inc.
1.41%, 07/17/25		850		785,301
1.54%, 07/20/27 (Call 07/20/26), (1-year CMT + 0.750%)^(a)		1,010		891,291
1.64%, 10/13/27 (Call 10/13/26), (1-year CMT + 0.670%)^(a)		615		539,535
2.19%, 02/25/25		1,080		1,026,199
2.34%, 01/19/28 (Call 01/19/27), (1-year CMT + 0.830%)^(a)		610		539,452
2.76%, 09/13/26		200		182,692
3.29%, 07/25/27		135		123,006
3.78%, 03/02/25		90		87,288
3.84%, 04/17/26 (Call 04/17/25), (1-year CMT + 1.125%)^(a)		310		299,445
4.05%, 09/11/28		300		275,773
4.08%, 04/19/28 (Call 04/19/27), (1-year CMT + 1.300%)^(a)		460		428,414
5.02%, 07/20/28 (Call 07/20/27), (1-year CMT + 1.950%)^(a)		595		570,114
5.24%, 04/19/29 (Call 04/19/28), (1-year CMT + 1.700%)^(a)		200		192,185
5.35%, 09/13/28 (Call 09/13/27), (1-year CMT + 1.900%)^(a)		390		377,386
5.42%, 02/22/29 (Call 02/22/28), (1-year CMT + 1.380%)^(a)		370		358,124
5.54%, 04/17/26 (Call 04/17/25), (1-year CMT + 1.500%)^(a)		200		197,966
5.72%, 02/20/26 (Call 02/20/25), (1-year CMT + 1.080%)^(a)		590		586,248
Mizuho Financial Group Inc.
1.23%, 05/22/27 (Call 05/22/26), (1-year CMT + 0.670%)^(a)		400		352,624
1.55%, 07/09/27 (Call 07/09/26), (1-year CMT + 0.750%)^(a)		540		476,666
2.23%, 05/25/26 (Call 05/25/25), (3-mo. SOFR + 1.092%)^(a)		360		337,776
2.65%, 05/22/26 (Call 05/22/25), (1-year CMT + 0.900%)^(a)		375		354,037
2.84%, 09/13/26		200		182,959
3.17%, 09/11/27		25		22,438
3.48%, 04/12/26^(b)		775		729,509


Security	Par (000)		Value

Banks (continued)
3.66%, 02/28/27	$	205	$	189,650
4.02%, 03/05/28		500		460,890
4.25%, 09/11/29 (Call 09/11/28), (3-mo. SOFR + 1.532%)^(a)		400		363,891
5.41%, 09/13/28 (Call 09/13/27), (1-year CMT + 2.050%)^(a)		1,060		1,027,322
5.78%, 07/06/29 (Call 07/06/28), (1-year CMT + 1.650%)^(a)		400		390,615
Morgan Stanley
0.99%, 12/10/26 (Call 12/10/25), (1-day SOFR + 0.720%)^(a)		1,048		932,512
1.51%, 07/20/27 (Call 07/20/26), (1-day SOFR + 0.858%)^(a)		1,180		1,035,771
1.59%, 05/04/27 (Call 05/04/26), (1-day SOFR + 0.879%)^(a)		1,405		1,247,789
2.19%, 04/28/26 (Call 04/28/25), (1-day SOFR + 1.990%)^(a)		1,141		1,073,133
2.48%, 01/21/28 (Call 01/21/27), (1-day SOFR + 1.000%)^(a)		990		877,271
2.63%, 02/18/26 (Call 02/18/25), (1-day SOFR + 0.940%)^(a)		735		699,799
3.13%, 07/27/26		622		575,538
3.59%, 07/22/28 (Call 07/22/27)^(a)		1,110		1,005,787
3.63%, 01/20/27		1,215		1,128,591
3.77%, 01/24/29 (Call 01/24/28), (3-mo. SOFR + 1.402%)^(a)		1,135		1,022,895
3.88%, 01/27/26		1,045		996,428
3.95%, 04/23/27		909		836,621
4.00%, 07/23/25		847		819,819
4.21%, 04/20/28 (Call 04/20/27), (1-day SOFR + 1.610%)^(a)		885		825,289
4.35%, 09/08/26		525		496,494
4.68%, 07/17/26 (Call 07/17/25), (1-day SOFR + 1.669%)^(a)		900		874,357
5.00%, 11/24/25		855		835,393
5.05%, 01/28/27 (Call 01/28/26), (1-day SOFR + 1.295%)^(a)		715		697,930
5.12%, 02/01/29 (Call 02/01/28), (1-day SOFR + 1.730%)^(a)		987		939,990
5.16%, 04/20/29 (Call 04/20/28), (1-day SOFR + 1.590%)^(a)		1,045		993,505
5.45%, 07/20/29 (Call 07/20/28), (1-day SOFR + 1.630%)^(a)		625		600,916
6.14%, 10/16/26 (Call 10/16/25), (1-day SOFR + 1.770%)^(a)		210		209,450
6.25%, 08/09/26		440		440,492
6.30%, 10/18/28 (Call 10/18/27), (1-day SOFR + 2.240%)^(a)		335		334,447
6.41%, 11/01/29 (Call 11/01/28), (1-day SOFR + 1.830%)^(a)		250		249,811
Morgan Stanley Bank NA
4.75%, 04/21/26 (Call 03/21/26)		350		341,480
5.48%, 07/16/25 (Call 06/16/25)		370		368,266
5.88%, 10/30/26 (Call 09/30/26)		500		499,779
Nanyang Commercial Bank Ltd., 3.80%, 11/20/29
(Call 11/20/24), (5-year CMT + 2.180%)^(a)(d)		250		240,837
National Australia Bank Ltd.
1.39%, 01/12/25^(b)		760		723,099
1.89%, 01/12/27^(b)		525		465,662
3.45%, 12/04/23^(b)		250		249,437
3.50%, 01/10/27^(b)		60		56,023


Security	Par (000)		Value

Banks (continued)
National Australia Bank Ltd./New York
2.50%, 07/12/26	$	460	$	424,517
3.91%, 06/09/27		535		502,257
4.90%, 06/13/28		250		240,569
4.94%, 01/12/28		280		270,796
4.97%, 01/12/26		250		246,923
5.13%, 11/22/24		250		248,530
5.20%, 05/13/25		250		248,530
National Bank of Canada, 5.25%, 01/17/25		350		347,023
National Securities Clearing Corp.
1.50%, 04/23/25 (Call 03/23/25)^(b)		590		556,003
5.00%, 05/30/28 (Call 04/30/28)^(b)		250		242,644
5.05%, 11/21/24^(b)		250		247,894
5.10%, 11/21/27 (Call 10/21/27)^(b)		250		244,984
NatWest Group PLC
1.64%, 06/14/27 (Call 06/14/26), (1-year CMT + 0.900%)^(a)		710		624,302
3.75%, 11/01/29 (Call 11/01/24), (5-year CMT + 2.100%)^(a)		395		377,111
4.80%, 04/05/26		205		197,458
4.89%, 05/18/29 (Call 05/18/28), (3-mo. LIBOR US + 1.754%)^(a)		615		568,843
5.52%, 09/30/28 (Call 09/30/27), (1-year CMT + 2.270%)^(a)		330		315,519
5.81%, 09/13/29 (Call 09/13/28), (1-year CMT + 1.950%)^(a)		200		191,577
5.85%, 03/02/27 (Call 03/02/26), (1-year CMT + 1.350%)^(a)		495		486,593
7.47%, 11/10/26 (Call 11/10/25), (1-year CMT + 2.850%)^(a)		750		762,889
NatWest Markets PLC, 1.60%, 09/29/26^(b)		495		433,983
NBK SPC Ltd., 1.63%, 09/15/27 (Call 09/15/26),
(1-day SOFR + 1.050%)^(a)(d)		200		176,119
NBK Tier 1 Financing 2 Ltd., 4.50%,
(Call 08/27/25)^(a)(d)(e)		400		368,415
NBK Tier 1 Financing Ltd., 3.63%,
(Call 08/24/26)^(a)(d)(e)		200		172,550
NCB Tier 1 Sukuk Ltd., 3.50%,
(Call 07/26/26)^(a)(d)(e)		400		367,575
Nederlandse Waterschapsbank NV
1.75%, 01/15/25^(b)		360		344,044
2.38%, 03/24/26^(b)		335		313,777
NongHyup Bank
1.25%, 07/20/25^(d)		400		370,556
4.25%, 07/06/27^(d)		200		189,849
Nordea Bank Abp
1.50%, 09/30/26^(b)		315		276,194
3.60%, 06/06/25^(b)		295		284,597
4.75%, 09/22/25^(b)		600		587,670
5.38%, 09/22/27^(b)		380		367,812
Norinchukin Bank (The)
1.28%, 09/22/26^(b)		200		175,487
4.87%, 09/14/27^(b)		210		202,281
5.43%, 03/09/28^(b)		205		201,031
Northern Trust Corp.
3.38%, 05/08/32 (Call 05/08/27), (3-mo. LIBOR US + 1.131%)^(a)		162		142,486
3.95%, 10/30/25		87		83,963
4.00%, 05/10/27 (Call 04/10/27)		435		408,620
NRW Bank
0.38%, 02/10/25^(d)		600		561,994


Security	Par (000)		Value

Banks (continued)
0.63%, 05/19/25^(d)	$	283	$	262,693
0.88%, 03/09/26^(d)		365		329,739
4.50%, 06/09/25^(d)		10		9,847
4.63%, 11/04/25^(d)		26		25,664
Oesterreichische Kontrollbank AG
0.38%, 09/17/25		275		251,433
0.50%, 02/02/26		270		243,299
1.50%, 02/12/25		807		767,478
2.88%, 05/23/25		185		177,954
3.63%, 09/09/27		25		23,882
4.13%, 01/20/26		30		29,321
4.63%, 11/03/25		40		39,552
OTP Bank Nyrt
7.50%, 05/25/27, (1-year CMT + 3.711%)^(a)(d)		200		200,636
8.75%, 05/15/33 (Call 02/15/28), (5-year CMT + 5.060%)^(a)(d)		200		197,248
Oversea-Chinese Banking Corp. Ltd.
1.83%, 09/10/30 (Call 09/10/25), (5-year CMT + 1.580%)^(a)(b)		575		529,552
4.60%, 06/15/32 (Call 06/15/27), (5-year CMT + 1.575%)^(a)(d)		200		189,650
PNC Bank NA, 3.88%, 04/10/25 (Call 03/10/25)		230		222,049
PNC Financial Services Group Inc. (The)
1.15%, 08/13/26 (Call 07/13/26)		505		443,508
2.20%, 11/01/24 (Call 10/02/24)		696		669,432
2.60%, 07/23/26 (Call 05/23/26)		305		280,278
3.15%, 05/19/27 (Call 04/19/27)		85		76,805
4.76%, 01/26/27 (Call 01/26/26), (1-day SOFR + 1.085%)^(a)		949		912,981
5.35%, 12/02/28 (Call 12/02/27), (1-day SOFR + 1.620%)^(a)		496		474,073
5.58%, 06/12/29 (Call 06/12/28), (1-day SOFR + 1.841%)^(a)		1,052		1,007,136
5.81%, 06/12/26 (Call 06/12/25), (1-day SOFR + 1.322%)^(a)		292		288,133
6.62%, 10/20/27 (Call 10/20/26), (1-day SOFR + 1.730%)^(a)		325		325,830
QIB Sukuk Ltd.
1.95%, 10/27/25^(d)		200		184,307
6.98%, 02/07/25, (3-mo. SOFR + 1.612%)^(a)(d)		400		402,527
QNB Finance Ltd.
1.38%, 01/26/26^(d)		400		358,876
1.63%, 09/22/25^(d)		200		183,317
2.63%, 05/12/25^(d)		400		377,523
2.75%, 02/12/27^(d)		400		362,025
Regions Financial Corp., 2.25%, 05/18/25
(Call 04/18/25)		272		249,740
Riyad Sukuk Ltd., 3.17%, 02/25/30 (Call 02/25/25),
(5-year CMT + 1.791%)^(a)(d)		600		570,506
Riyad Tier 1 Sukuk Ltd., 4.00%, (Call 02/16/27),
(5-year CMT + 2.170%)^(a)(d)(e)		200		183,924
Royal Bank of Canada
0.88%, 01/20/26		210		188,170
1.15%, 06/10/25		474		440,412
1.15%, 07/14/26		405		356,866
1.20%, 04/27/26		703		626,919
1.40%, 11/02/26		405		355,352
1.60%, 01/21/25		260		247,226
2.05%, 01/21/27		285		252,302
2.25%, 11/01/24		634		611,430
3.38%, 04/14/25		262		252,816


Security	Par (000)		Value

Banks (continued)
3.63%, 05/04/27	$	475	$	439,571
4.24%, 08/03/27		615		577,489
4.65%, 01/27/26		617		597,956
4.88%, 01/12/26		500		489,254
4.90%, 01/12/28		289		277,310
4.95%, 04/25/25		385		379,251
5.20%, 07/20/26		285		280,349
5.20%, 08/01/28		255		245,763
6.00%, 11/01/27		468		467,930
Santander Holdings USA Inc.
2.49%, 01/06/28 (Call 01/06/27), (1-day SOFR + 1.249%)^(a)		306		263,508
3.24%, 10/05/26 (Call 08/05/26)		295		264,808
3.45%, 06/02/25 (Call 05/02/25)		358		338,461
4.40%, 07/13/27 (Call 04/14/27)		440		404,049
4.50%, 07/17/25 (Call 04/17/25)		385		369,563
5.81%, 09/09/26 (Call 09/09/25), (1-day SOFR + 2.328%)^(a)		185		180,859
6.50%, 03/09/29 (Call 03/09/28), (1-day SOFR + 2.356%)^(a)		300		290,142
6.57%, 06/12/29 (Call 06/12/28), (1-day SOFR + 2.700%)^(a)		140		135,063
Santander UK Group Holdings PLC
1.53%, 08/21/26 (Call 08/21/25), (1-year CMT + 1.250%)^(a)		340		307,760
1.67%, 06/14/27 (Call 06/14/26), (1-day SOFR + 0.989%)^(a)		437		380,833
2.47%, 01/11/28 (Call 01/11/27), (1-day SOFR + 1.220%)^(a)		490		423,536
3.82%, 11/03/28 (Call 11/03/27), (3-mo. LIBOR US + 1.400%)^(a)		200		176,017
6.53%, 01/10/29 (Call 01/10/28), (1-day SOFR + 2.600%)^(a)		515		503,764
Shinhan Bank Co. Ltd.
1.38%, 10/21/26^(d)		200		176,197
3.75%, 09/20/27^(d)		200		181,284
3.88%, 03/24/26^(d)		200		189,073
7.36%, 04/24/25, (3-mo. SOFR + 1.962%)^(a)(d)		400		405,710
Shinhan Financial Group Co. Ltd.
1.35%, 01/10/26^(d)		200		181,763
2.88%, (Call 05/12/26), (5-year CMT + 2.064%)^(a)(d)(e)		200		174,687
3.34%, 02/05/30 (Call 02/05/25), (5-year CMT + 1.500%)^(a)(c)(d)		200		191,950
SIB Sukuk Co. III Ltd., 2.85%, 06/23/25^(d)		200		189,697
SIB Tier 1 Sukuk Co., 5.00%, (Call 07/02/25)^(a)(d)(e)		200		192,107
Skandinaviska Enskilda Banken AB, 3.70%, 06/09/25^(b)		380		366,373
SNB Sukuk Ltd., 2.34%, 01/19/27^(d)		400		359,773
Societe Generale SA
1.38%, 07/08/25^(b)		495		456,813
1.49%, 12/14/26 (Call 12/14/25), (1-year CMT + 1.100%)^(a)(b)		670		597,384
1.79%, 06/09/27 (Call 06/09/26), (1-year CMT + 1.000%)^(a)(b)		490		430,335
2.23%, 01/21/26 (Call 01/21/25), (1-year CMT + 1.050%)^(a)(b)		790		744,362
2.80%, 01/19/28 (Call 01/19/27), (1-year CMT + 1.300%)^(a)(b)		515		453,246
4.00%, 01/12/27^(b)		325		298,989
4.25%, 04/14/25^(b)		695		665,206


Security	Par (000)		Value

Banks (continued)
4.25%, 08/19/26^(b)	$	200	$	185,667
4.68%, 06/15/27^(b)		200		189,554
4.75%, 11/24/25^(b)		125		119,045
6.45%, 01/10/29 (Call 01/10/28), (1-year CMT + 2.550%)^(a)(b)		405		395,713
Standard Chartered PLC
1.46%, 01/14/27 (Call 01/14/26), (1-year CMT + 1.000%)^(a)(b)		645		574,997
1.82%, 11/23/25 (Call 11/23/24), (1-year CMT + 0.950%)^(a)(b)		680		644,479
2.61%, 01/12/28 (Call 01/12/27), (1-year CMT + 1.180%)^(a)(b)		680		597,360
2.82%, 01/30/26 (Call 01/30/25), (3-mo. LIBOR US + 1.209%)^(a)(b)		760		723,540
3.52%, 02/12/30 (Call 02/12/25), (5-year CMT + 1.850%)^(a)(d)		500		470,837
3.97%, 03/30/26 (Call 03/30/25), (1-year CMT + 1.650%)^(a)(b)		400		384,775
4.05%, 04/12/26^(b)		200		190,090
4.30%, 02/19/27^(b)		5		4,623
4.87%, 03/15/33 (Call 03/15/28), (5-year USD ICE Swap + 1.970%)^(a)(b)		20		17,679
6.17%, 01/09/27 (Call 01/09/26), (1-year CMT + 2.050%)^(a)(b)		610		605,622
6.19%, 07/06/27 (Call 07/06/26), (1-year CMT + 1.850%)^(a)(b)		710		701,176
6.30%, 01/09/29 (Call 01/09/28), (1-year CMT + 2.450%)^(a)(b)		670		655,981
7.77%, 11/16/28 (Call 11/16/27), (1-year CMT + 3.45%)^(a)(b)		200		206,511
7.78%, 11/16/25 (Call 11/16/24), (1-year CMT + 3.100%)^(a)(b)		355		359,929
State Bank of India/London, 1.80%, 07/13/26^(d)		400		360,526
State Street Corp.
1.68%, 11/18/27 (Call 11/18/26), (1-day SOFR + 0.560%)^(a)		275		243,901
1.75%, 02/06/26 (Call 02/06/25), (1-day SOFR + 0.441%)^(a)(c)		180		170,073
2.20%, 02/07/28 (Call 02/07/27), (1-day SOFR + 0.730%)^(a)		210		185,554
2.35%, 11/01/25 (Call 11/01/24), (1-day SOFR + 0.940%)^(a)		370		355,275
2.65%, 05/19/26		230		213,987
2.90%, 03/30/26 (Call 03/30/25), (1-day SOFR + 2.600%)^(a)		160		152,557
3.30%, 12/16/24		291		282,881
3.55%, 08/18/25		454		436,156
4.86%, 01/26/26 (Call 01/26/25), (1-day SOFR + 0.604%)^(a)		165		162,167
5.10%, 05/18/26 (Call 05/18/25), (1-day SOFR + 1.130%)^(a)		280		275,906
5.27%, 08/03/26 (Call 07/03/26)		310		304,910
5.75%, 11/04/26 (Call 11/04/25), (1-day SOFR + 1.353%)^(a)		170		168,938
5.82%, 11/04/28 (Call 11/04/27), (1-day SOFR + 1.715%)^(a)		225		222,475
Sumitomo Mitsui Financial Group Inc.
0.95%, 01/12/26		635		568,539
1.40%, 09/17/26		995		872,916
1.47%, 07/08/25		900		833,390
1.90%, 09/17/28		900		736,007


Security	Par (000)		Value

Banks (continued)
2.17%, 01/14/27	$	350	$	309,918
2.35%, 01/15/25		415		396,854
2.63%, 07/14/26		1,065		974,582
3.35%, 10/18/27		112		100,982
3.36%, 07/12/27		925		841,045
3.45%, 01/11/27		250		230,863
3.78%, 03/09/26		630		598,352
5.46%, 01/13/26		870		858,278
5.52%, 01/13/28		610		593,984
5.72%, 09/14/28		600		587,205
5.80%, 07/13/28		200		196,190
5.88%, 07/13/26		200		198,994
Sumitomo Mitsui Trust Bank Ltd.
1.05%, 09/12/25^(b)		200		182,611
1.35%, 09/16/26^(b)		280		246,450
1.55%, 03/25/26^(b)		200		180,463
2.55%, 03/10/25^(b)		240		229,063
2.80%, 03/10/27^(b)		225		203,232
4.80%, 09/15/25^(b)		200		195,657
4.95%, 09/15/27^(b)		245		236,694
5.50%, 03/09/28^(b)		230		226,229
5.55%, 09/14/28^(b)		200		196,896
5.65%, 03/09/26^(b)		365		362,681
5.65%, 09/14/26^(b)		200		198,488
Svenska Handelsbanken AB
1.42%, 06/11/27 (Call 06/11/26), (1-year CMT + 0.630%)^(a)(b)		375		329,191
3.65%, 06/10/25^(b)		320		308,834
3.95%, 06/10/27^(b)		315		293,727
5.50%, 06/15/28^(b)		615		591,907
Swedbank AB
1.54%, 11/16/26^(b)		435		382,793
3.36%, 04/04/25^(b)		310		298,780
5.34%, 09/20/27^(b)		255		244,546
5.47%, 06/15/26^(b)		200		196,629
6.14%, 09/12/26^(b)		200		198,079
Synchrony Bank
5.40%, 08/22/25 (Call 07/22/25)		295		281,563
5.63%, 08/23/27 (Call 07/23/27)		390		357,032
Synovus Bank, 5.63%, 02/15/28 (Call 01/15/28)		250		221,522
Synovus Financial Corp., 5.20%, 08/11/25
(Call 07/11/25)		155		146,603
TC Ziraat Bankasi AS
5.38%, 03/02/26^(d)		200		186,213
9.50%, 08/01/26^(d)		200		203,342
Texas Capital Bancshares Inc., 4.00%, 05/06/31
(Call 05/06/26), (5-year CMT + 3.150%)^(a)		135		110,352
Toronto-Dominion Bank (The)
0.75%, 09/11/25		475		432,723
0.75%, 01/06/26		690		616,807
1.15%, 06/12/25		497		460,508
1.20%, 06/03/26		585		518,110
1.25%, 12/13/24		315		299,104
1.25%, 09/10/26		675		593,715
1.45%, 01/10/25		440		418,035
1.95%, 01/12/27		485		428,248
2.80%, 03/10/27		579		522,199
3.63%, 09/15/31 (Call 09/15/26), (5-year USD Swap + 2.205%)^(a)		20		18,375
3.77%, 06/06/25		630		608,774
4.11%, 06/08/27		700		655,932


Security	Par (000)		Value

Banks (continued)
4.69%, 09/15/27	$	765	$	728,384
5.16%, 01/10/28		25		24,100
5.52%, 07/17/28		300		292,329
5.53%, 07/17/26		300		296,610
Truist Bank
1.50%, 03/10/25 (Call 02/10/25)		530		495,879
2.15%, 12/06/24 (Call 11/05/24)		357		340,881
2.64%, 09/17/29 (Call 09/17/24), (5-year CMT + 1.150%)^(a)		300		277,527
3.63%, 09/16/25 (Call 08/16/25)		325		306,515
3.80%, 10/30/26 (Call 09/30/26)		30		27,461
4.05%, 11/03/25 (Call 09/03/25)		340		326,316
Truist Financial Corp.
1.20%, 08/05/25 (Call 07/03/25)		139		126,709
1.27%, 03/02/27 (Call 03/02/26), (1-day SOFR + 0.609%)^(a)		740		647,588
3.70%, 06/05/25 (Call 05/05/25)		440		422,129
4.00%, 05/01/25 (Call 03/01/25)		411		395,072
4.12%, 06/06/28 (Call 06/06/27), (1-day SOFR + 1.368%)^(a)		330		300,478
4.26%, 07/28/26 (Call 07/28/25), (1-day SOFR + 1.456%)^(a)		567		542,986
4.87%, 01/26/29 (Call 01/26/28), (1-day SOFR + 1.435%)^(a)		810		747,751
5.90%, 10/28/26 (Call 10/28/25), (1-day SOFR + 1.626%)^(a)		433		424,117
6.05%, 06/08/27 (Call 06/08/26), (1-day SOFR + 2.050%)^(a)		235		230,033
7.16%, 10/30/29 (Call 10/30/28), (1-day SOFR + 2.446%)^(a)		85		85,491
Turkiye Is Bankasi AS, 7.75%, 01/22/30
(Call 01/22/25), (5-year CMT + 6.119%)^(a)(d)		400		388,970
Turkiye Vakiflar Bankasi TAO
5.25%, 02/05/25^(d)		200		193,583
6.50%, 01/08/26^(d)		200		192,101
U.S. Bancorp.
1.45%, 05/12/25 (Call 04/11/25)		369		343,948
2.22%, 01/27/28 (Call 01/27/27), (1-day SOFR + 0.730%)^(a)		525		457,090
3.10%, 04/27/26 (Call 03/27/26)^(c)		418		384,922
3.90%, 04/26/28 (Call 03/24/28)		50		45,449
3.95%, 11/17/25 (Call 10/17/25)		385		368,446
4.55%, 07/22/28 (Call 07/22/27), (1-day SOFR + 1.660%)^(a)		740		686,626
4.65%, 02/01/29 (Call 02/01/28), (1-day SOFR + 1.230%)^(a)		1,225		1,130,318
5.73%, 10/21/26 (Call 10/21/25), (1-day SOFR + 1.430%)^(a)		280		275,817
5.78%, 06/12/29 (Call 06/12/28), (1-day SOFR + 2.020%)^(a)		200		192,344
6.79%, 10/26/27 (Call 10/26/26), (1-day SOFR + 1.880%)^(a)		125		125,867
Series V, 2.38%, 07/22/26 (Call 06/22/26)		115		104,063
Series X, 3.15%, 04/27/27 (Call 03/27/27)		10		9,022
U.S. Bank NA/Cincinnati OH
2.05%, 01/21/25 (Call 12/20/24)		475		452,159
2.80%, 01/27/25 (Call 12/27/24)		490		470,114
UBS AG
1.25%, 06/01/26		645		571,380
5.65%, 09/11/28		200		195,663
5.80%, 09/11/25		200		198,955


Security	Par (000)		Value

Banks (continued)
UBS Group AG
1.31%, 02/02/27 (Call 02/02/26), (1-day SOFR + 0.980%)^(a)(b)	$	805	$	713,128
1.36%, 01/30/27 (Call 01/30/26), (1-year CMT + 1.080%)^(a)(b)		360		319,475
1.49%, 08/10/27 (Call 08/10/26), (1-year CMT + 0.850%)^(a)(b)		640		554,151
2.19%, 06/05/26 (Call 06/05/25), (1-day SOFR + 2.044%)^(a)(b)		610		567,600
3.75%, 03/26/25		700		673,937
3.87%, 01/12/29 (Call 01/12/28), (3-mo. LIBOR US + 1.410%)^(a)(b)		740		662,571
4.13%, 09/24/25^(b)		505		483,401
4.13%, 04/15/26^(b)		595		562,960
4.25%, 03/23/28 (Call 03/23/27)^(b)		490		444,980
4.28%, 01/09/28 (Call 01/09/27)^(b)		1,095		998,661
4.49%, 05/12/26 (Call 05/12/25), (1-year CMT + 1.550%)^(a)(b)		380		368,133
4.55%, 04/17/26		855		817,031
4.70%, 08/05/27 (Call 08/05/26), (1-year CMT + 2.050%)^(a)(b)		635		604,608
4.75%, 05/12/28 (Call 05/12/27), (1-year CMT + 1.750%)^(a)(b)		530		497,501
5.71%, 01/12/27 (Call 01/12/26), (1-year CMT + 1.550%)^(a)(b)		600		589,449
6.25%, 09/22/29 (Call 09/22/28), (1-year CMT + 1.800%)^(a)(b)		500		489,704
6.33%, 12/22/27 (Call 12/22/26), (1-year CMT + 1.600%)^(a)(b)		400		395,797
6.37%, 07/15/26 (Call 07/15/25), (1-day SOFR + 3.340%)^(a)(b)		620		616,089
6.44%, 08/11/28 (Call 08/11/27), (1-day SOFR + 3.700%)^(a)(b)		515		509,836
UniCredit SpA
1.98%, 06/03/27 (Call 06/03/26), (1-year CMT + 1.200%)^(a)(b)		425		374,716
2.57%, 09/22/26 (Call 09/22/25), (1-year CMT + 2.300%)^(a)(b)		370		338,857
5.86%, 06/19/32 (Call 06/19/27), (5-year USD ICE Swap + 3.703%)^(a)(b)		355		320,206
Union Bank of the Philippines, 2.13%, 10/22/25^(d)		200		185,087
United Overseas Bank Ltd.
1.25%, 04/14/26^(b)		200		180,799
1.75%, 03/16/31 (Call 03/16/26), (5-year CMT + 1.520%)^(a)(d)		200		180,465
2.00%, 10/14/31 (Call 10/14/26), (5-year CMT + 1.230%)^(a)(b)		200		177,172
Valley National Bancorp., 3.00%, 06/15/31
(Call 06/15/26), (3-mo. SOFR + 2.360%)^(a)(c)		100		79,990
Wachovia Corp., 7.57%, 08/01/26^(g)		175		181,066
Wells Fargo & Co.
2.16%, 02/11/26 (Call 02/11/25), (3-mo. SOFR + 1.012%)^(a)		1,269		1,200,471
2.19%, 04/30/26 (Call 04/30/25), (1-day SOFR + 2.000%)^(a)		1,205		1,133,563
2.39%, 06/02/28 (Call 06/02/27), (1-day SOFR + 2.100%)^(a)		400		348,653
3.00%, 02/19/25		754		725,537
3.00%, 04/22/26		1,440		1,337,632
3.00%, 10/23/26		1,400		1,282,329


Security	Par (000)		Value

Banks (continued)
3.20%, 06/17/27 (Call 06/17/26), (3-mo. SOFR + 1.432%)^(a)	$	1,055	$	974,219
3.53%, 03/24/28 (Call 03/24/27), (1-day SOFR + 1.510%)^(a)		1,690		1,541,360
3.55%, 09/29/25		910		868,895
3.58%, 05/22/28 (Call 05/22/27), (3-mo. SOFR + 1.572%)^(a)		1,395		1,269,833
3.91%, 04/25/26 (Call 04/25/25), (1-day SOFR + 1.320%)^(a)		1,185		1,142,641
4.10%, 06/03/26		1,047		988,568
4.30%, 07/22/27		1,005		937,301
4.54%, 08/15/26 (Call 08/15/25), (1-day SOFR + 1.560%)^(a)		902		874,164
4.81%, 07/25/28 (Call 07/25/27), (1-day SOFR + 1.980%)^(a)		1,310		1,239,142
5.57%, 07/25/29 (Call 07/25/28), (1-day SOFR + 1.740%)^(a)		780		751,189
6.30%, 10/23/29 (Call 10/23/28), (1-day SOFR + 1.790%)^(a)		730		723,937
Wells Fargo Bank NA
5.45%, 08/07/26 (Call 07/07/26)		995		985,390
5.55%, 08/01/25 (Call 07/01/25)		990		986,454
Western Alliance Bancorp., 3.00%, 06/15/31
(Call 06/15/26), (3-mo. SOFR + 2.250%)^(a)		170		130,606
Westpac Banking Corp.
1.02%, 11/18/24		430		409,640
1.15%, 06/03/26		635		567,469
2.35%, 02/19/25		80		76,735
2.70%, 08/19/26		130		120,215
2.85%, 05/13/26		670		627,486
2.89%, 02/04/30 (Call 02/04/25), (5-year CMT + 1.350%)^(a)		582		550,837
3.35%, 03/08/27		525		486,992
3.40%, 01/25/28		425		389,701
4.04%, 08/26/27		110		104,465
4.32%, 11/23/31 (Call 11/23/26), (5-year USD ICE Swap + 2.236%)^(a)		565		521,696
5.46%, 11/18/27		492		488,019
Westpac New Zealand Ltd., 4.90%, 02/15/28^(b)		595		569,109
Woori Bank
0.75%, 02/01/26^(d)		200		179,013
2.00%, 01/20/27^(d)		200		178,338
4.88%, 01/26/28^(d)		200		193,298
Yapi ve Kredi Bankasi AS, 7.88%, 01/22/31
(Call 01/22/26), (5-year CMT + 7.415%)^(a)(d)		200		192,591


				423,205,705

Beverages — 0.3%
Anheuser-Busch InBev Worldwide Inc.
3.65%, 02/01/26 (Call 11/01/25)		1,400		1,345,139
4.00%, 04/13/28 (Call 01/13/28)		1,355		1,272,985
Bacardi Ltd., 4.45%, 05/15/25 (Call 03/15/25)^(d)		357		347,053
Brown-Forman Corp., 3.50%, 04/15/25 (Call 02/15/25)		38		36,876
Coca-Cola Co. (The)
1.00%, 03/15/28		5		4,196
1.45%, 06/01/27		435		382,100
2.90%, 05/25/27		90		82,989
3.38%, 03/25/27		320		302,071
Coca-Cola Consolidated Inc., 3.80%, 11/25/25 (Call 08/25/25)		147		141,528


Security	Par (000)		Value

Beverages (continued)
Coca-Cola European Partners PLC, 1.50%, 01/15/27 (Call 12/15/26)^(b)	$	200	$	174,290
Constellation Brands Inc.
3.50%, 05/09/27 (Call 02/09/27)		305		282,246
3.60%, 02/15/28 (Call 11/15/27)		420		384,069
3.70%, 12/06/26 (Call 09/06/26)		35		32,839
4.35%, 05/09/27 (Call 04/09/27)		319		304,101
4.40%, 11/15/25 (Call 09/15/25)		325		315,718
4.75%, 11/15/24		361		356,528
4.75%, 12/01/25		10		9,778
5.00%, 02/02/26 (Call 02/02/24)		320		314,384
Diageo Capital PLC
1.38%, 09/29/25 (Call 08/29/25)		405		375,146
5.20%, 10/24/25		300		298,706
5.30%, 10/24/27 (Call 09/24/27)		570		565,215
5.38%, 10/05/26 (Call 09/05/26)		200		200,109
Heineken NV, 3.50%, 01/29/28 (Call 10/29/27)^(b)		535		492,382
JDE Peet’s NV, 1.38%, 01/15/27 (Call 12/15/26)^(b)		365		313,128
Keurig Dr Pepper Inc.
2.55%, 09/15/26 (Call 06/15/26)		145		132,794
3.40%, 11/15/25 (Call 08/15/25)		25		23,853
3.43%, 06/15/27 (Call 03/15/27)		15		13,855
4.42%, 05/25/25 (Call 03/25/25)		211		206,386
4.60%, 05/25/28 (Call 02/25/28)		820		780,246
Molson Coors Beverage Co., 3.00%, 07/15/26
(Call 04/15/26)		826		766,655
PepsiCo Inc.
2.25%, 03/19/25 (Call 02/19/25)		820		785,552
2.38%, 10/06/26 (Call 07/06/26)		70		64,825
2.63%, 03/19/27 (Call 01/19/27)		10		9,169
2.75%, 04/30/25 (Call 01/30/25)		366		351,898
2.85%, 02/24/26 (Call 11/24/25)		487		461,192
3.00%, 10/15/27 (Call 07/15/27)		155		142,900
3.50%, 07/17/25 (Call 04/17/25)		92		89,157
3.60%, 02/18/28 (Call 01/18/28)		15		14,044
4.45%, 05/15/28 (Call 04/15/28)		315		307,095
4.55%, 02/13/26 (Call 01/13/26)		295		290,840


				12,774,037

Biotechnology — 0.2%
Amgen Inc.
1.90%, 02/21/25 (Call 01/21/25)		314		299,381
2.20%, 02/21/27 (Call 12/21/26)		670		600,424
2.60%, 08/19/26 (Call 05/19/26)		502		462,344
3.13%, 05/01/25 (Call 02/01/25)		429		412,636
3.20%, 11/02/27 (Call 08/02/27)		110		100,383
5.15%, 03/02/28 (Call 02/02/28)		1,605		1,566,360
5.25%, 03/02/25		765		759,026
Baxalta Inc., 4.00%, 06/23/25 (Call 03/23/25)		195		189,242
Biogen Inc., 4.05%, 09/15/25 (Call 06/15/25)		901		869,511
Bio-Rad Laboratories Inc., 3.30%, 03/15/27
(Call 02/15/27)		200		182,468
CSL Finance PLC, 3.85%, 04/27/27
(Call 03/27/27)^(b)		190		179,031
Gilead Sciences Inc.
1.20%, 10/01/27 (Call 08/01/27)		40		33,796
2.95%, 03/01/27 (Call 12/01/26)		310		284,082
3.50%, 02/01/25 (Call 11/01/24)		613		595,679
3.65%, 03/01/26 (Call 12/01/25)		1,218		1,162,679


Security	Par (000)		Value

Biotechnology (continued)
Royalty Pharma PLC
1.20%, 09/02/25 (Call 08/02/25)	$	465	$	424,133
1.75%, 09/02/27 (Call 07/02/27)		187		159,126


				8,280,301

Building Materials — 0.2%
AmeriTex HoldCo Intermediate LLC, 10.25%, 10/15/28 (Call 10/15/25)^(c)		150		142,006
Camelot Return Merger Sub Inc., 8.75%, 08/01/28 (Call 08/01/24)^(b)		235		219,419
Carrier Global Corp.
2.24%, 02/15/25 (Call 01/15/25)		228		217,105
2.49%, 02/15/27 (Call 12/15/26)		460		411,709
Cemex SAB De CV, 5.13%, (Call 06/08/26), (5-year CMT + 4.534%)^(a)(d)(e)		600		553,101
CRH America Inc., 3.88%, 05/18/25 (Call 02/15/25)^(b)		610		589,551
Eco Material Technologies Inc., 7.88%, 01/31/27 (Call 01/31/24)^(b)		190		180,340
Fortune Brands Home & Security Inc., 4.00%, 06/15/25 (Call 03/15/25)		65		62,701
Griffon Corp., 5.75%, 03/01/28 (Call 12/01/23)		345		311,617
Holcim Finance U.S. LLC, 3.50%, 09/22/26 (Call 06/22/26)^(b)		50		47,217
Huaxin Cement International Finance Co. Ltd., 2.25%, 11/19/25^(d)		200		180,437
James Hardie International Finance DAC, 5.00%, 01/15/28 (Call 12/01/23)^(b)		70		64,896
Jeld-Wen Inc.
4.63%, 12/15/25 (Call 12/01/23)^(b)(c)		75		71,134
4.88%, 12/15/27 (Call 12/01/23)^(b)		150		127,842
Johnson Controls International PLC, 3.90%, 02/14/26 (Call 11/14/25)		365		349,667
Lennox International Inc.
1.35%, 08/01/25 (Call 07/01/25)		285		263,288
1.70%, 08/01/27 (Call 06/01/27)		360		308,451
5.50%, 09/15/28 (Call 08/15/28)		500		487,868
Martin Marietta Materials Inc.
3.45%, 06/01/27 (Call 03/01/27)		10		9,212
3.50%, 12/15/27 (Call 09/15/27)		460		419,896
Masonite International Corp., 5.38%, 02/01/28 (Call 12/01/23)^(b)		165		151,976
Mohawk Industries Inc., 5.85%, 09/18/28 (Call 08/18/28)		180		176,992
New Enterprise Stone & Lime Co. Inc.
5.25%, 07/15/28 (Call 07/15/24)^(b)		200		176,851
9.75%, 07/15/28 (Call 12/01/23)^(b)		100		99,762
Owens Corning
3.40%, 08/15/26 (Call 05/15/26)		225		209,486
4.20%, 12/01/24 (Call 09/01/24)		322		316,671
Standard Industries Inc./NJ
4.75%, 01/15/28 (Call 12/01/23)^(b)		355		318,132
5.00%, 02/15/27 (Call 12/01/23)^(b)		295		272,792
Summit Materials LLC/Summit Materials Finance Corp., 6.50%, 03/15/27 (Call 11/13/23)^(b)		130		126,714
Trane Technologies Luxembourg Finance SA
3.50%, 03/21/26 (Call 01/21/26)		90		85,435
3.55%, 11/01/24 (Call 08/01/24)		408		398,486
Vulcan Materials Co.
3.90%, 04/01/27 (Call 01/01/27)		65		60,603
4.50%, 04/01/25 (Call 01/01/25)		26		25,505
5.80%, 03/01/26 (Call 03/01/24)		10		9,911


Security	Par (000)		Value

Building Materials (continued)
West China Cement Ltd., 4.95%, 07/08/26 (Call 07/08/24)^(d)	$	200	$	136,870


				7,583,643

Chemicals — 0.5%
Cerdia Finanz GmbH, 10.50%, 02/15/27 (Call 02/15/24)^(b)		205		201,825
Air Products and Chemicals Inc.
1.50%, 10/15/25 (Call 09/15/25)		451		417,836
1.85%, 05/15/27 (Call 03/15/27)		15		13,252
Albemarle Corp., 4.65%, 06/01/27 (Call 05/01/27)		200		188,823
ASP Unifrax Holdings Inc, 5.25%, 09/30/28 (Call 09/30/24)^(b)		260		176,742
Avient Corp., 5.75%, 05/15/25 (Call 12/01/23)^(b)		260		254,564
Axalta Coating Systems LLC/Axalta Coating
Systems Dutch Holding B BV, 4.75%, 06/15/27 (Call 12/04/23)^(b)		220		202,611
Braskem Netherlands Finance BV
4.50%, 01/10/28 (Call 10/10/27)^(d)		400		337,701
8.50%, 01/23/81 (Call 10/24/25), (5-year CMT + 8.220%)^(a)(d)		200		194,676
Celanese U.S. Holdings LLC
1.40%, 08/05/26 (Call 07/05/26)		135		117,554
6.05%, 03/15/25		474		472,605
6.17%, 07/15/27 (Call 06/15/27)		732		714,402
CF Industries Inc., 4.50%, 12/01/26^(b)		100		95,234
Cheever Escrow Issuer LLC, 7.13%, 10/01/27 (Call 10/01/24)^(b)		110		102,031
Chemours Co. (The), 5.38%, 05/15/27 (Call 02/15/27)		190		172,150
Chevron Phillips Chemical Co. LLC/Chevron Phillips Chemical Co. LP
3.40%, 12/01/26 (Call 09/01/26)^(b)		284		265,996
3.70%, 06/01/28 (Call 03/01/28)^(b)		15		13,668
5.13%, 04/01/25 (Call 03/01/25)^(b)		185		183,307
CNAC HK Finbridge Co. Ltd.
2.00%, 09/22/25^(d)		400		370,408
4.13%, 07/19/27^(d)		400		371,512
4.88%, 03/14/25^(d)		200		196,660
5.13%, 03/14/28^(d)		400		382,179
Consolidated Energy Finance SA
5.63%, 10/15/28 (Call 10/15/24)^(b)		150		123,173
6.50%, 05/15/26 (Call 11/13/23)^(b)		100		90,947
CVR Partners LP/CVR Nitrogen Finance Corp.,
6.13%, 06/15/28 (Call 06/15/24)^(b)		109		96,434
DuPont de Nemours Inc., 4.49%, 11/15/25 (Call 09/15/25)		860		838,133
Eastman Chemical Co., 3.80%, 03/15/25 (Call 12/15/24)		465		449,580
Ecolab Inc.
1.65%, 02/01/27 (Call 01/01/27)		495		437,141
2.70%, 11/01/26 (Call 08/01/26)		5		4,632
5.25%, 01/15/28 (Call 12/15/27)		405		401,697
EIDP Inc., 1.70%, 07/15/25 (Call 06/15/25)		420		390,750
Element Solutions Inc., 3.88%, 09/01/28 (Call 12/01/23)^(b)		275		234,033
Equate Petrochemical BV, 4.25%, 11/03/26^(d)		400		376,534
FMC Corp.
3.20%, 10/01/26 (Call 08/01/26)		25		22,760
5.15%, 05/18/26 (Call 04/18/26)		180		173,723
Formosa Group Cayman Ltd., 3.38%, 04/22/25^(d)		400		385,381


Security	Par (000)		Value

Chemicals (continued)
GPD Companies Inc., 10.13%, 04/01/26 (Call 12/01/23)^(b)	$	180	$	162,880
HB Fuller Co., 4.00%, 02/15/27 (Call 11/15/26)		90		81,724
Herens Holdco Sarl, 4.75%, 05/15/28 (Call 05/15/24)^(b)		120		93,011
Illuminate Buyer LLC/Illuminate Holdings IV Inc.,
9.00%, 07/01/28 (Call 12/01/23)^(b)		150		140,176
INEOS Finance PLC, 6.75%, 05/15/28 (Call 02/15/25)^(b)		150		140,016
INEOS Quattro Finance 2 PLC, 3.38%, 01/15/26 (Call 12/01/23)^(b)		180		171,765
Innophos Holdings Inc., 9.38%, 02/15/28 (Call 12/01/23)^(b)		20		18,853
International Flavors & Fragrances Inc.
1.23%, 10/01/25 (Call 09/01/25)^(b)		468		422,239
1.83%, 10/15/27 (Call 08/15/27)^(b)		510		422,808
4.45%, 09/26/28 (Call 06/26/28)		5		4,574
Iris Holdings Inc., 8.75%, 02/15/26 (Call 12/01/23), (9.50% PIK)^(b)(f)		65		57,900
Kobe U.S. Midco 2 Inc., 9.25%, 11/01/26 (Call 12/01/23), (10.00% PIK)^(b)(f)		75		54,415
LG Chem Ltd., 1.38%, 07/07/26^(d)		200		178,014
Linde Inc., 4.80%, 12/05/24		100		99,374
Linde Inc./CT
2.65%, 02/05/25 (Call 11/05/24)		80		77,140
3.20%, 01/30/26 (Call 10/30/25)		260		247,837
4.70%, 12/05/25 (Call 11/05/25)		305		301,445
LYB Finance Co. BV, 8.10%, 03/15/27^(b)		116		121,938
LYB International Finance II BV, 3.50%, 03/02/27 (Call 12/02/26)		290		267,990
LYB International Finance III LLC, 1.25%, 10/01/25 (Call 09/01/25)		350		319,412
Mativ Holdings Inc., 6.88%, 10/01/26 (Call 12/01/23)^(b)		125		112,503
MEGlobal Canada ULC, 5.00%, 05/18/25^(d)		600		584,203
Methanex Corp.
4.25%, 12/01/24 (Call 09/01/24)		110		107,672
5.13%, 10/15/27 (Call 04/15/27)		270		246,557
Minerals Technologies Inc., 5.00%, 07/01/28 (Call 11/13/23)^(b)		125		109,916
Mosaic Co. (The), 4.05%, 11/15/27 (Call 08/15/27)		15		14,001
Nutrien Ltd.
3.00%, 04/01/25 (Call 01/01/25)		96		91,912
4.00%, 12/15/26 (Call 09/15/26)		30		28,400
4.90%, 03/27/28 (Call 02/27/28)		125		119,780
5.90%, 11/07/24		150		149,693
5.95%, 11/07/25		395		395,001
OCI NV, 4.63%, 10/15/25 (Call 12/01/23)^(b)		164		156,051
OCP SA, 4.50%, 10/22/25^(d)		200		191,188
Olin Corp., 5.13%, 09/15/27 (Call 12/01/23)		190		175,367
Olympus Water U.S. Holding Corp., 4.25%, 10/01/28 (Call 10/01/24)^(b)		250		199,474
Orbia Advance Corp. SAB de CV
1.88%, 05/11/26 (Call 04/11/26)^(d)		200		178,429
4.00%, 10/04/27 (Call 07/04/27)^(d)		200		181,409
Polar U.S. Borrower LLC/Schenectady International Group Inc., 6.75%, 05/15/26 (Call 12/01/23)^(b)(c)		100		44,789
PPG Industries Inc., 1.20%, 03/15/26 (Call 02/15/26)		475		426,208
Rayonier AM Products Inc., 7.63%, 01/15/26 (Call 01/15/24)^(b)		152		129,091


Security	Par (000)		Value

Chemicals (continued)
RPM International Inc., 3.75%, 03/15/27 (Call 12/15/26)	$	70	$	65,070
SABIC Capital II BV, 4.50%, 10/10/28^(d)		200		188,844
Sasol Financing USA LLC
4.38%, 09/18/26 (Call 08/18/26)		200		175,897
6.50%, 09/27/28 (Call 06/27/28)		200		176,134
SCIH Salt Holdings Inc., 4.88%, 05/01/28 (Call 05/01/24)^(b)		360		313,230
SCIL USA Holdings LLC, Class-H, 5.38%, 11/01/26 (Call 12/01/23)^(b)		275		243,404
Sherwin-Williams Co. (The)
3.45%, 08/01/25 (Call 05/01/25)		165		158,218
3.45%, 06/01/27 (Call 03/01/27)		655		605,918
3.95%, 01/15/26 (Call 10/15/25)		50		48,080
4.25%, 08/08/25		150		145,727
SPCM SA, 3.13%, 03/15/27 (Call 03/15/24)^(b)		150		132,506
Syngenta Finance NV
4.89%, 04/24/25 (Call 02/24/25)^(b)		270		263,563
5.18%, 04/24/28 (Call 01/24/28)^(b)		5		4,734
TPC Group Inc., 13.00%, 12/16/27 (Call 12/16/23)^(b)		20		20,038
Unigel Luxembourg SA, 8.75%, 10/01/26 (Call 11/30/23)^(d)		200		68,941
UPL Corp. Ltd., 4.50%, 03/08/28^(d)		200		164,444
Westlake Corp., 3.60%, 08/15/26 (Call 05/15/26)		420		393,535
WR Grace Holdings LLC, 4.88%, 06/15/27 (Call 12/01/23)^(b)		250		224,888
Yara International ASA, 4.75%, 06/01/28 (Call 03/01/28)^(b)		30		27,870


				19,916,850

Coal — 0.0%
Alliance Resource Operating Partners LP/Alliance Resource Finance Corp., 7.50%, 05/01/25 (Call 12/01/23)^(b)		125		124,922
Coronado Finance Pty Ltd., 10.75%, 05/15/26 (Call 12/01/23)^(b)		90		93,558
Indika Energy Capital IV Pte Ltd., 8.25%, 10/22/25 (Call 11/30/23)^(d)		250		248,033
Yankuang Group Cayman Ltd., 2.90%, 11/30/24^(d)		200		191,241


				657,754

Commercial Services — 0.6%
Adani Ports & Special Economic Zone Ltd.
4.00%, 07/30/27 (Call 06/30/27)^(d)		200		164,192
4.20%, 08/04/27 (Call 02/04/27)^(d)		200		164,936
Adtalem Global Education Inc., 5.50%, 03/01/28 (Call 03/01/24)^(b)		135		123,691
Albion Financing 1 Sarl/Aggreko Holdings Inc.,
6.13%, 10/15/26 (Call 12/01/23)^(b)		200		185,026
Albion Financing 2 Sarl, 8.75%, 04/15/27 (Call 12/01/23)^(b)		165		150,999
Allied Universal Holdco LLC/Allied Universal Finance Corp.
6.63%, 07/15/26 (Call 12/01/23)^(b)		660		617,876
9.75%, 07/15/27 (Call 12/01/23)^(b)		355		309,169
Allied Universal Holdco LLC/Allied Universal Finance Corp./Atlas Luxco 4 Sarl, 4.63%, 06/01/28 (Call 06/01/24)^(b)		625		515,463
Alta Equipment Group Inc., 5.63%, 04/15/26 (Call 12/01/23)^(b)		130		116,560


Security	Par (000)		Value

Commercial Services (continued)
AMN Healthcare Inc., 4.63%, 10/01/27 (Call 12/01/23)^(b)	$	175	$	156,951
Aptim Corp., 7.75%, 06/15/25 (Call 11/16/23)^(b)		195		179,382
APX Group Inc., 6.75%, 02/15/27 (Call 12/01/23)^(b)		235		227,002
Ashtead Capital Inc.
1.50%, 08/12/26 (Call 07/12/26)^(b)		255		223,873
4.38%, 08/15/27 (Call 11/16/23)^(b)		615		569,357
Automatic Data Processing Inc., 3.38%, 09/15/25 (Call 06/15/25)		397		382,852
Avis Budget Car Rental LLC/Avis Budget Finance Inc.
4.75%, 04/01/28 (Call 04/01/24)^(b)(c)		180		155,141
5.75%, 07/15/27 (Call 11/13/23)^(b)(c)		160		146,871
5.75%, 07/15/27 (Call 12/01/23)^(b)		135		123,376
Bidvest Group UK PLC (The), 3.63%, 09/23/26 (Call 11/10/23)^(d)		200		178,123
Block Inc., 2.75%, 06/01/26 (Call 05/01/26)		355		319,664
Brink’s Co. (The)
4.63%, 10/15/27 (Call 12/01/23)^(b)		225		203,872
5.50%, 07/15/25 (Call 12/01/23)^(b)		155		151,117
China Merchants Finance Co. Ltd., 4.75%, 08/03/25^(d)		200		196,073
Cimpress PLC, 7.00%, 06/15/26 (Call 11/16/23)		185		171,130
Cintas Corp. No. 2
3.45%, 05/01/25 (Call 04/01/25)		150		145,179
3.70%, 04/01/27 (Call 01/01/27)		220		207,226
CK Hutchison International 23 Ltd., 4.75%, 04/21/28 (Call 03/21/28)^(b)		1,000		960,207
CMHI Finance BVI Co. Ltd., 4.00%, 06/01/27 (Call 05/01/27)^(d)		200		189,117
CoreCivic Inc.
4.75%, 10/15/27 (Call 07/15/27)		90		78,171
8.25%, 04/15/26 (Call 04/15/24)		245		249,068
CoreLogic Inc., 4.50%, 05/01/28 (Call 05/01/24)^(b)(c)		235		186,256
CPI CG Inc., 8.63%, 03/15/26 (Call 12/01/23)^(b)		99		94,755
DP World Salaam, 6.00%, (Call 10/01/25), (5-year CMT + 5.750%)^(a)(d)(e)		600		585,772
Element Fleet Management Corp.
3.85%, 06/15/25 (Call 05/15/25)^(b)		71		67,946
6.27%, 06/26/26 (Call 05/26/26)^(b)		175		174,009
Equifax Inc.
2.60%, 12/01/24 (Call 11/01/24)		417		401,735
2.60%, 12/15/25 (Call 11/15/25)		162		151,275
5.10%, 12/15/27 (Call 11/15/27)		410		395,029
5.10%, 06/01/28 (Call 05/01/28)		180		171,711
ERAC USA Finance LLC
3.30%, 12/01/26 (Call 09/01/26)^(b)		225		208,016
3.80%, 11/01/25 (Call 08/01/25)^(b)		330		316,972
3.85%, 11/15/24 (Call 08/15/24)^(b)		525		513,699
4.60%, 05/01/28 (Call 04/01/28)^(b)		240		228,462
Garda World Security Corp.
4.63%, 02/15/27 (Call 12/01/23)^(b)		200		178,493
7.75%, 02/15/28 (Call 02/15/25)^(b)		140		134,599
9.50%, 11/01/27 (Call 12/01/23)^(b)		200		181,702
Gartner Inc., 4.50%, 07/01/28 (Call 12/01/23)^(b)		265		238,535
GEMS MENASA Cayman Ltd./GEMS Education Delaware LLC, 7.13%, 07/31/26 (Call 11/30/23)^(d)		400		385,066
Global Payments Inc.
1.20%, 03/01/26 (Call 02/01/26)		420		374,304
1.50%, 11/15/24 (Call 10/15/24)		19		18,057


Security	Par (000)		Value

Commercial Services (continued)
2.15%, 01/15/27 (Call 12/15/26)	$	290	$	254,845
2.65%, 02/15/25 (Call 01/15/25)		600		572,043
4.80%, 04/01/26 (Call 01/01/26)		300		289,631
4.95%, 08/15/27 (Call 07/15/27)		234		222,160
Graham Holdings Co., 5.75%, 06/01/26 (Call 11/13/23)^(b)		130		125,203
Herc Holdings Inc., 5.50%, 07/15/27 (Call 12/01/23)^(b)		425		399,880
Hertz Corp. (The), 4.63%, 12/01/26 (Call 12/01/23)^(b)		200		168,809
HPHT Finance 21 II Ltd., 1.50%, 09/17/26 (Call 08/17/26)^(d)		200		177,266
HPHT Finance 21 Ltd., 2.00%, 03/19/26 (Call 02/19/26)^(d)		400		365,991
Korn Ferry, 4.63%, 12/15/27 (Call 12/01/23)^(b)		150		136,909
Legends Hospitality Holding Co. LLC/Legends Hospitality Co-Issuer Inc., 5.00%, 02/01/26 (Call 12/01/23)^(b)		140		133,957
Matthews International Corp., 5.25%, 12/01/25 (Call 12/01/23)^(b)		106		101,389
Mersin Uluslararasi Liman Isletmeciligi AS, 5.38%, 11/15/24 (Call 11/30/23)^(d)		200		194,788
Moody’s Corp.
3.25%, 01/15/28 (Call 10/15/27)		160		145,412
3.75%, 03/24/25 (Call 02/24/25)		156		151,502
MPH Acquisition Holdings LLC, 5.50%, 09/01/28 (Call 09/01/24)^(b)		350		292,355
PayPal Holdings Inc.
1.65%, 06/01/25 (Call 05/01/25)		538		504,873
2.65%, 10/01/26 (Call 08/01/26)		30		27,634
3.90%, 06/01/27 (Call 05/01/27)^(c)		295		280,051
Pelabuhan Indonesia Persero PT, 4.25%, 05/05/25^(d)		400		387,408
Picasso Finance Sub Inc., 6.13%, 06/15/25 (Call 11/16/23)^(b)		224		220,644
Prime Security Services Borrower LLC/Prime Finance Inc.
3.38%, 08/31/27 (Call 08/31/26)^(b)		355		313,917
5.75%, 04/15/26^(b)		480		465,863
6.25%, 01/15/28 (Call 12/01/23)^(b)(c)		420		389,856
PSA Treasury Pte Ltd., 2.50%, 04/12/26 (Call 10/12/25)^(d)		200		186,344
Quanta Services Inc., 0.95%, 10/01/24 (Call 12/01/23)		71		67,651
S&P Global Inc.
2.45%, 03/01/27 (Call 02/01/27)		514		465,028
2.95%, 01/22/27 (Call 10/22/26)		14		12,905
Sabre GLBL Inc., 11.25%, 12/15/27 (Call 06/15/25)^(b)		180		160,181
Sabre Global Inc., 8.63%, 06/01/27 (Call 03/01/25)^(b)		285		237,038
Service Corp. International/U.S.
4.63%, 12/15/27 (Call 12/01/23)^(c)		185		171,440
7.50%, 04/01/27		55		55,547
Shift4 Payments LLC/Shift4 Payments Finance Sub Inc., 4.63%, 11/01/26 (Call 12/01/23)^(b)		155		143,147
Sodexo Inc., 1.63%, 04/16/26 (Call 03/16/26)^(b)		350		315,545
Sotheby’s, 7.38%, 10/15/27 (Call 11/13/23)^(b)		250		223,295
StoneCo Ltd., 3.95%, 06/16/28 (Call 05/16/28)^(d)		200		156,739
Triton Container International Ltd., 2.05%, 04/15/26 (Call 03/15/26)^(b)		242		215,246


Security	Par (000)		Value

Commercial Services (continued)
UL Solutions Inc., 6.50%, 10/20/28 (Call 09/20/28)^(b)	$	100	$	99,096
United Rentals North America Inc.
3.88%, 11/15/27 (Call 11/13/23)^(c)		245		225,362
4.88%, 01/15/28 (Call 11/13/23)		590		548,151
5.50%, 05/15/27 (Call 12/01/23)		205		197,861
Verisk Analytics Inc., 4.00%, 06/15/25 (Call 03/15/25)		245		237,271
Verscend Escrow Corp., 9.75%, 08/15/26 (Call 12/01/23)^(b)		390		387,314
WASH Multifamily Acquisition Inc., 5.75%, 04/15/26 (Call 12/01/23)^(b)		310		286,807
Williams Scotsman International Inc., 4.63%, 08/15/28 (Call 12/01/23)^(b)		150		133,332
Yale University, Series 2020, 0.87%, 04/15/25 (Call 03/15/25)		676		632,592
Zhejiang Seaport International Co. Ltd., 1.98%, 03/17/26^(d)		400		366,227


				24,414,562

Computers — 0.6%
Ahead DB Holdings LLC, 6.63%, 05/01/28 (Call 05/01/24)^(b)		130		107,292
Apple Inc.
0.55%, 08/20/25 (Call 07/20/25)		1,119		1,030,044
0.70%, 02/08/26 (Call 01/08/26)		1,197		1,081,012
1.13%, 05/11/25 (Call 04/11/25)		423		396,916
1.20%, 02/08/28 (Call 12/08/27)		965		818,741
1.40%, 08/05/28 (Call 06/05/28)		700		589,431
2.05%, 09/11/26 (Call 07/11/26)		580		531,544
2.45%, 08/04/26 (Call 05/04/26)		995		924,143
2.50%, 02/09/25		486		469,191
2.75%, 01/13/25 (Call 11/13/24)		826		800,934
2.90%, 09/12/27 (Call 06/12/27)		275		252,965
3.00%, 06/20/27 (Call 03/20/27)		285		264,396
3.00%, 11/13/27 (Call 08/13/27)		340		312,663
3.20%, 05/13/25		714		691,696
3.20%, 05/11/27 (Call 02/11/27)		315		294,334
3.25%, 02/23/26 (Call 11/23/25)		417		399,071
3.35%, 02/09/27 (Call 11/09/26)		1,115		1,051,278
4.00%, 05/10/28 (Call 04/10/28)		760		723,836
4.42%, 05/08/26 (Call 05/08/25)		12		11,774
ASGN Inc., 4.63%, 05/15/28 (Call 12/01/23)^(b)		200		177,605
Booz Allen Hamilton Inc., 3.88%, 09/01/28 (Call 12/01/23)^(b)		5		4,466
CA Magnum Holdings, 5.38%, 10/31/26 (Call 11/10/23)^(d)		400		350,165
CGI Inc., 1.45%, 09/14/26 (Call 08/14/26)		20		17,610
Dell International LLC/EMC Corp.
4.90%, 10/01/26 (Call 08/01/26)		750		729,723
5.25%, 02/01/28 (Call 01/01/28)		567		553,954
5.85%, 07/15/25 (Call 06/15/25)		527		525,985
6.02%, 06/15/26 (Call 03/15/26)		856		856,626
6.10%, 07/15/27 (Call 05/15/27)		55		55,121
DXC Technology Co.
1.80%, 09/15/26 (Call 08/15/26)		295		258,297
2.38%, 09/15/28 (Call 07/15/28)		150		121,098
Fortinet Inc., 1.00%, 03/15/26 (Call 02/15/26)		340		303,133
Genpact Luxembourg Sarl, 3.38%, 12/01/24 (Call 11/01/24)		220		212,176
Hewlett Packard Enterprise Co. 1.75%, 04/01/26 (Call 03/01/26)		102		92,540


Security	Par (000)		Value

Computers (continued)
4.90%, 10/15/25 (Call 07/15/25)	$	1,142	$	1,119,035
5.25%, 07/01/28 (Call 06/01/28)		210		202,607
HP Inc.
1.45%, 06/17/26 (Call 05/17/26)		10		8,942
2.20%, 06/17/25 (Call 05/17/25)		608		573,905
3.00%, 06/17/27 (Call 04/17/27)		45		40,553
4.75%, 01/15/28 (Call 12/15/27)		440		419,090
International Business Machines Corp.
1.70%, 05/15/27 (Call 03/15/27)		40		34,904
2.20%, 02/09/27 (Call 01/09/27)		503		450,879
3.30%, 05/15/26		1,095		1,035,765
3.30%, 01/27/27		120		111,630
3.45%, 02/19/26		715		681,308
4.15%, 07/27/27 (Call 06/27/27)		605		573,442
4.50%, 02/06/26		240		234,184
4.50%, 02/06/28 (Call 01/06/28)		400		382,379
6.22%, 08/01/27		5		5,129
7.00%, 10/30/25		222		228,373
Kyndryl Holdings Inc., 2.05%, 10/15/26
(Call 09/15/26)		265		230,877
Leidos Inc., 3.63%, 05/15/25 (Call 04/15/25)		296		284,350
Lenovo Group Ltd., 5.88%, 04/24/25^(d)		600		597,831
NCR Corp., 5.00%, 10/01/28 (Call 12/01/23)^(b)		210		181,412
NetApp Inc.
1.88%, 06/22/25 (Call 05/22/25)		369		345,110
2.38%, 06/22/27 (Call 04/22/27)		58		51,517
Presidio Holdings Inc.
4.88%, 02/01/27 (Call 12/01/23)^(b)		175		159,944
8.25%, 02/01/28 (Call 12/01/23)^(b)		200		189,540
Science Applications International Corp., 4.88%, 04/01/28 (Call 12/01/23)^(b)		150		134,611
Seagate HDD Cayman
4.75%, 01/01/25		168		164,463
4.88%, 06/01/27 (Call 03/01/27)		200		187,876
Tempo Acquisition LLC/Tempo Acquisition Finance Corp., 5.75%, 06/01/25 (Call 11/13/23)^(b)		105		102,582
Unisys Corp., 6.88%, 11/01/27 (Call 12/01/23)^(b)		160		118,142
Vericast Corp.
11.00%, 09/15/26 (Call 12/01/23)^(b)		436		460,992
12.50%, 12/15/27 (Call 11/13/23)^(b)		20		22,277
Western Digital Corp., 4.75%, 02/15/26
(Call 11/15/25)		802		752,013
Wipro IT Services LLC, 1.50%, 06/23/26
(Call 05/23/26)^(d)		400		358,030


				25,453,452

Cosmetics & Personal Care — 0.2%
Colgate-Palmolive Co.
3.10%, 08/15/25		180		173,531
3.10%, 08/15/27 (Call 07/15/27)		145		134,643
4.60%, 03/01/28 (Call 02/01/28)		80		78,275
4.80%, 03/02/26		90		89,408
Conopco Inc., Series E, 7.25%, 12/15/26		55		57,768
Coty Inc.
5.00%, 04/15/26 (Call 12/01/23)^(b)		320		306,523
6.50%, 04/15/26 (Call 12/01/23)^(b)		155		152,876
Edgewell Personal Care Co., 5.50%, 06/01/28
(Call 12/01/23)^(b)		275		251,017
Estee Lauder Companies Inc. (The)
2.00%, 12/01/24 (Call 11/01/24)		466		448,663
4.38%, 05/15/28 (Call 04/15/28)		85		81,150


Security	Par (000)		Value

Cosmetics & Personal Care (continued)
GSK Consumer Healthcare Capital U.S. LLC,
3.38%, 03/24/27 (Call 02/24/27)	$	765	$	705,559
GSK Consumer Healthcare Capital UK PLC, 3.13%, 03/24/25		645		620,021
Kenvue Inc.
5.05%, 03/22/28 (Call 02/22/28)		515		504,706
5.35%, 03/22/26 (Call 02/22/26)		340		338,637
5.50%, 03/22/25		445		444,356
Oriflame Investment Holding PLC, 5.13%, 05/04/26 (Call 12/01/23)^(b)		230		72,405
Procter & Gamble Co. (The)
0.55%, 10/29/25		529		482,417
1.00%, 04/23/26		222		200,606
1.90%, 02/01/27		250		225,549
2.45%, 11/03/26		75		69,428
2.70%, 02/02/26		235		222,460
2.80%, 03/25/27		225		207,791
2.85%, 08/11/27		85		78,124
3.95%, 01/26/28		565		540,520
4.10%, 01/26/26		435		425,305
Unilever Capital Corp.
2.00%, 07/28/26		250		228,857
2.90%, 05/05/27 (Call 02/05/27)		205		188,402
3.10%, 07/30/25		450		432,866
3.38%, 03/22/25 (Call 01/22/25)		112		108,769
4.88%, 09/08/28 (Call 08/08/28)^(c)		200		195,273


				8,065,905

Distribution & Wholesale — 0.1%
American Builders & Contractors Supply Co. Inc.,
4.00%, 01/15/28 (Call 12/01/23)^(b)		245		220,071
BCPE Empire Holdings Inc., 7.63%, 05/01/27
(Call 12/01/23)^(b)		220		201,615
G-III Apparel Group Ltd., 7.88%, 08/15/25
(Call 12/01/23)^(b)		160		159,083
LKQ Corp., 5.75%, 06/15/28 (Call 05/15/28)		185		179,376
Marubeni Corp., 1.32%, 09/18/25 (Call 08/18/25)^(d)		500		457,940
Mitsubishi Corp.
1.13%, 07/15/26 (Call 06/15/26)^(b)		410		362,843
5.00%, 07/05/28 (Call 06/05/28)^(b)		400		389,126
OPENLANE Inc., 5.13%, 06/01/25
(Call 12/01/23)^(b)(c)		76		73,423
Ritchie Bros Holdings Inc., 6.75%, 03/15/28
(Call 03/15/25)^(b)		205		202,020
Sumitomo Corp., 1.55%, 07/06/26 (Call 06/06/26)^(d)		400		358,084
Wesco Aircraft Holdings Inc.
8.50%, 11/15/24 (Call 12/01/23)^(b)		320		11,468
9.00%, 11/15/26 (Call 12/01/23)^(b)		463		41,150
WW Grainger Inc., 1.85%, 02/15/25 (Call 01/15/25)		440		418,752


				3,074,951

Diversified Financial Services — 2.0%
Advisor Group Holdings Inc., 10.75%, 08/01/27
(Call 12/01/23)^(b)(c)		120		119,356
AerCap Ireland Capital DAC/AerCap Global Aviation Trust
1.75%, 01/30/26 (Call 12/30/25)		485		436,119
2.45%, 10/29/26 (Call 09/29/26)		1,260		1,120,708
3.65%, 07/21/27 (Call 04/21/27)		790		709,896
3.88%, 01/23/28 (Call 10/23/27)		300		269,826
4.45%, 10/01/25 (Call 08/01/25)		195		187,016
4.63%, 10/15/27 (Call 08/15/27)		100		92,767


Security	Par (000)		Value

Diversified Financial Services (continued)
5.75%, 06/06/28 (Call 05/06/28)	$	235	$	225,718
6.10%, 01/15/27 (Call 12/15/26)		150		147,657
6.50%, 07/15/25 (Call 06/15/25)		635		633,723
Affiliated Managers Group Inc., 3.50%, 08/01/25		284		269,875
AG Issuer LLC, 6.25%, 03/01/28 (Call 12/01/23)^(b)		200		184,846
AG TTMT Escrow Issuer LLC, 8.63%, 09/30/27
(Call 09/30/24)^(b)		175		175,755
Air Lease Corp.
1.88%, 08/15/26 (Call 07/15/26)		447		395,530
2.10%, 09/01/28 (Call 07/01/28)		300		245,957
2.20%, 01/15/27 (Call 12/15/26)		432		378,586
2.30%, 02/01/25 (Call 01/01/25)		325		308,509
2.88%, 01/15/26 (Call 12/15/25)		559		518,681
3.25%, 03/01/25 (Call 01/01/25)		332		317,984
3.38%, 07/01/25 (Call 06/01/25)		382		362,544
3.63%, 04/01/27 (Call 01/01/27)		20		18,232
3.75%, 06/01/26 (Call 04/01/26)		255		239,402
5.30%, 02/01/28 (Call 01/01/28)		410		392,610
5.85%, 12/15/27 (Call 11/15/27)		405		395,192
Aircastle Ltd.
2.85%, 01/26/28 (Call 11/26/27)^(b)		340		283,581
4.25%, 06/15/26 (Call 04/15/26)		130		121,760
5.25%, 08/11/25 (Call 07/11/25)^(b)		435		423,267
6.50%, 07/18/28 (Call 06/18/28)^(b)		110		105,554
Ally Financial Inc.
4.63%, 03/30/25		138		133,043
4.75%, 06/09/27 (Call 05/09/27)		180		162,972
5.75%, 11/20/25 (Call 10/21/25)^(c)		375		358,382
5.80%, 05/01/25 (Call 04/01/25)^(c)		269		263,298
6.99%, 06/13/29 (Call 06/13/28), (1-day SOFR + 3.260%)^(a)		620		592,364
7.10%, 11/15/27 (Call 10/15/27)^(c)		360		353,485
American Express Co.
1.65%, 11/04/26 (Call 10/04/26)		518		456,157
2.25%, 03/04/25 (Call 02/01/25)		607		577,401
2.55%, 03/04/27 (Call 02/01/27)		695		622,040
3.13%, 05/20/26 (Call 04/20/26)		380		356,513
3.30%, 05/03/27 (Call 04/03/27)		585		534,980
3.63%, 12/05/24 (Call 11/04/24)		151		147,180
3.95%, 08/01/25 (Call 07/01/25)		820		792,262
4.20%, 11/06/25 (Call 10/06/25)		339		328,186
4.90%, 02/13/26 (Call 01/13/26)		455		445,784
4.99%, 05/01/26 (Call 05/01/25), (1-day SOFR + 1.000%)^(a)		770		755,208
5.28%, 07/27/29 (Call 07/27/28), (1-day SOFR + 1.280%)^(a)		475		455,867
5.39%, 07/28/27 (Call 07/28/26), (1-day SOFR + 0.970%)^(a)		435		426,114
5.85%, 11/05/27 (Call 10/05/27)		235		235,199
6.34%, 10/30/26 (Call 10/30/25), (1-day SOFR + 1.330%)^(a)		225		225,597
American Express Credit Corp., 3.30%, 05/03/27
(Call 04/03/27)		145		132,731
Ameriprise Financial Inc., 3.00%, 04/02/25
(Call 03/02/25)		154		147,933
Andrew W Mellon Foundation (The), Series 2020,
0.95%, 08/01/27 (Call 06/01/27)		20		16,989
Antares Holdings LP
2.75%, 01/15/27 (Call 12/15/26)^(b)		250		210,215
3.95%, 07/15/26 (Call 06/15/26)^(b)		250		224,641
7.95%, 08/11/28 (Call 07/11/28)^(b)		250		244,609


Security	Par (000)		Value

Diversified Financial Services (continued)
Apollo Management Holdings LP, 4.95%, 01/14/50
(Call 12/17/24), (5-year CMT + 3.266%)^(a)(b)	$	222	$	197,812
Arab National Bank, 3.33%, 10/28/30
(Call 10/28/25), (5-year CMT + 2.974%)^(a)(d)		400		374,312
Ares Finance Co. III LLC, 4.13%, 06/30/51
(Call 06/30/26), (5-year CMT + 3.237%)^(a)(b)		259		194,781
ASG Finance Designated Activity Co., 7.88%, 12/03/24 (Call 12/01/23)^(b)(c)		200		193,901
Aviation Capital Group LLC
1.95%, 01/30/26 (Call 12/30/25)^(b)		297		266,991
1.95%, 09/20/26 (Call 08/20/26)^(b)		347		301,612
4.13%, 08/01/25 (Call 06/01/25)^(b)		325		309,460
4.88%, 10/01/25 (Call 07/01/25)^(b)		105		100,983
6.25%, 04/15/28 (Call 03/15/28)^(b)		455		439,759
6.75%, 10/25/28 (Call 09/25/28)^(b)		175		172,589
Avolon Holdings Funding Ltd.
2.13%, 02/21/26 (Call 01/21/26)^(b)		305		271,863
2.53%, 11/18/27 (Call 10/18/27)^(b)		924		770,539
2.75%, 02/21/28 (Call 12/21/27)^(b)		115		96,020
2.88%, 02/15/25 (Call 01/15/25)^(b)		450		425,483
3.25%, 02/15/27 (Call 12/15/26)^(b)		302		266,721
4.25%, 04/15/26 (Call 03/15/26)^(b)		372		347,006
4.38%, 05/01/26 (Call 03/01/26)^(b)		265		247,204
5.50%, 01/15/26 (Call 12/15/25)^(b)		252		242,680
6.38%, 05/04/28 (Call 04/04/28)^(b)		65		62,788
Banco BTG Pactual SA/Cayman Islands
2.75%, 01/11/26 (Call 12/11/25)^(d)		200		183,968
4.50%, 01/10/25 (Call 12/10/24)^(c)(d)		400		389,085
BGC Group Inc., 3.75%, 10/01/24 (Call 09/01/24)		185		177,964
Blackstone Holdings Finance Co. LLC
1.63%, 08/05/28 (Call 06/05/28)^(b)		20		16,277
3.15%, 10/02/27 (Call 07/02/27)^(b)		107		96,297
5.90%, 11/03/27 (Call 10/03/27)^(b)		15		14,834
Blue Bright Ltd., 2.38%, 02/09/26^(d)		400		369,409
Blue Owl Credit Income Corp., 7.95%, 06/13/28
(Call 05/13/28)^(b)		105		102,685
BOC Aviation Ltd.
1.75%, 01/21/26 (Call 12/21/25)^(d)		600		548,538
2.63%, 01/17/25 (Call 12/17/24)^(d)		200		191,793
3.25%, 04/29/25 (Call 03/29/25)^(b)		400		383,670
3.50%, 09/18/27 (Call 06/18/27)^(d)		200		183,207
BOCOM International Blossom Ltd., 1.75%, 06/28/26^(d)		200		179,229
Brightsphere Investment Group Inc., 4.80%, 07/27/26		100		90,892
Brookfield Finance Inc., 3.90%, 01/25/28 (Call 10/25/27)		400		364,595
Burford Capital Global Finance LLC, 6.25%, 04/15/28 (Call 04/15/24)^(b)		150		136,766
Cantor Fitzgerald LP, 4.50%, 04/14/27
(Call 01/14/27)^(b)		197		182,780
Capital One Financial Corp.
1.88%, 11/02/27 (Call 11/02/26), (1-day SOFR + 0.855%)^(a)		752		645,069
2.64%, 03/03/26 (Call 03/03/25), (1-day SOFR + 1.290%)^(a)		463		434,201
3.20%, 02/05/25 (Call 01/05/25)		317		302,996
3.65%, 05/11/27 (Call 04/11/27)		255		229,957
3.75%, 07/28/26 (Call 06/28/26)		460		421,860
3.75%, 03/09/27 (Call 02/09/27)		50		45,171
3.80%, 01/31/28 (Call 12/31/27)		615		542,128


Security	Par (000)		Value

Diversified Financial Services (continued)
4.20%, 10/29/25 (Call 09/29/25)	$	460	$	436,419
4.25%, 04/30/25 (Call 03/31/25)		290		279,984
4.93%, 05/10/28 (Call 05/10/27), (1-day SOFR + 2.057%)^(a)		742		686,327
4.99%, 07/24/26 (Call 07/24/25), (1-day SOFR + 2.160%)^(a)		543		523,489
5.47%, 02/01/29 (Call 02/01/28), (1-day SOFR + 2.080%)^(a)		355		330,076
6.31%, 06/08/29 (Call 06/08/28), (1-day SOFR + 2.640%)^(a)		175		167,467
7.15%, 10/29/27 (Call 10/29/26), (1-day SOFR + 2.440%)^(a)		150		150,027
Castlelake Aviation Finance DAC, 5.00%, 04/15/27
(Call 04/15/24)^(b)		140		123,526
Cboe Global Markets Inc., 3.65%, 01/12/27
(Call 10/12/26)		5		4,710
CCBL Cayman 1 Corp. Ltd.
1.60%, 09/15/26 (Call 08/15/26)^(d)		200		177,943
1.80%, 07/22/26^(d)		200		179,999
1.99%, 07/21/25^(d)		200		187,349
CDBL Funding 1, 4.25%, 12/02/24^(d)		400		391,896
CDBL Funding 2, 2.00%, 03/04/26^(d)		600		551,200
Charles Schwab Corp. (The)
0.90%, 03/11/26 (Call 02/11/26)		608		536,083
1.15%, 05/13/26 (Call 04/13/26)		499		438,297
2.00%, 03/20/28 (Call 01/20/28)		25		20,870
2.45%, 03/03/27 (Call 02/03/27)		465		409,922
3.00%, 03/10/25 (Call 12/10/24)		228		218,518
3.20%, 03/02/27 (Call 12/02/26)		440		398,014
3.20%, 01/25/28 (Call 10/25/27)		20		17,680
3.30%, 04/01/27 (Call 01/01/27)		225		204,274
3.45%, 02/13/26 (Call 11/13/25)		320		301,070
3.63%, 04/01/25 (Call 01/01/25)		60		57,848
3.85%, 05/21/25 (Call 03/21/25)		259		250,401
4.20%, 03/24/25 (Call 02/24/25)		285		277,220
5.64%, 05/19/29 (Call 05/19/28), (1-day SOFR + 2.210%)^(a)		725		698,202
5.88%, 08/24/26 (Call 07/24/26)		100		99,204
China Cinda 2020 I Management Ltd.
1.88%, 01/20/26 (Call 10/20/25)^(d)		400		361,150
2.50%, 03/18/25 (Call 02/18/25)^(d)		200		189,456
3.00%, 03/18/27 (Call 12/18/26)^(d)		200		178,647
China Cinda 2020 I Mngmn Co., 3.25%, 01/28/27
(Call 10/28/26)^(d)		400		362,126
China Cinda Finance 2015 I Ltd., 4.25%,
04/23/25^(d)		800		774,384
China Cinda Finance 2017 I Ltd., 4.40%,
03/09/27^(d)		400		374,666
China Development Bank Financial Leasing Co. Ltd., 2.88%, 09/28/30 (Call 09/28/25),
(5-year CMT + 2.750%)^(a)(d)		400		370,675
China Great Wall International Holdings VI Ltd.,
4.25%, 04/28/25 (Call 03/28/25)^(d)		600		566,732
CICC Hong Kong Finance 2016 MTN Ltd.
2.00%, 01/26/26^(d)		400		369,087
5.44%, 07/18/26^(d)		200		198,492
5.49%, 03/01/26^(d)		600		596,601
Citadel LP, 4.88%, 01/15/27 (Call 11/15/26)^(b)		60		56,728
CITIC Securities Finance MTN Co. Ltd., 2.00%, 06/03/25^(d)		200		187,894


Security	Par (000)		Value

Diversified Financial Services (continued)
Clifford Capital Pte Ltd., 1.12%, 03/23/26
(Call 02/23/26)^(d)	$	200	$	181,133
CMB International Leasing Management Ltd.
1.88%, 08/12/25^(d)		400		372,198
2.00%, 02/04/26^(d)		200		183,039
CME Group Inc., 3.00%, 03/15/25 (Call 12/15/24)		443		428,693
Coinbase Global Inc., 3.38%, 10/01/28
(Call 10/01/24)^(b)		84		61,757
Credit Acceptance Corp.
5.13%, 12/31/24 (Call 11/13/23)^(b)		175		169,328
6.63%, 03/15/26 (Call 11/13/23)^(c)		170		161,808
CSI MTN Ltd., 3.38%, 04/21/25 (Call 03/21/25)^(d)		200		192,059
Curo Group Holdings Corp., 7.50%, 08/01/28
(Call 08/01/24)^(b)		225		88,591
DAE Sukuk Difc Ltd., 3.75%, 02/15/26^(d)		200		186,786
Discover Financial Services
3.75%, 03/04/25 (Call 12/04/24)		460		441,248
3.95%, 11/06/24 (Call 08/06/24)		326		317,046
4.10%, 02/09/27 (Call 11/09/26)		115		103,181
4.50%, 01/30/26 (Call 11/30/25)		192		181,489
Eaton Vance Corp., 3.50%, 04/06/27
(Call 01/06/27)		300		277,255
Enact Holdings Inc., 6.50%, 08/15/25
(Call 02/15/25)^(b)		325		319,278
Enova International Inc., 8.50%, 09/15/25
(Call 12/01/23)^(b)		150		141,826
Far East Horizon Ltd., 3.38%, 02/18/25^(d)		200		183,748
Finance of America Funding LLC, 7.88%, 11/15/25
(Call 12/01/23)^(b)		115		93,398
Franklin Resources Inc., 2.85%, 03/30/25		86		82,213
GFH Sukuk Ltd., 7.50%, 01/28/25^(d)		200		197,310
GGAM Finance Ltd.
8.00%, 06/15/28 (Call 12/15/27)^(b)		175		172,780
7.75%, 05/15/26 (Call 11/15/25)^(b)		165		163,763
goeasy Ltd.
4.38%, 05/01/26 (Call 11/14/23)^(b)		130		117,658
5.38%, 12/01/24 (Call 12/01/23)^(b)		175		171,759
GPS Hospitality Holding Co. LLC/GPS Finco Inc.,
7.00%, 08/15/28 (Call 08/15/24)^(b)		125		84,967
Guotai Junan Holdings Ltd., 2.00%, 04/21/26^(d)		200		182,597
Guotai Junan International Holdings Ltd., 2.00%, 03/03/26^(d)		200		183,166
Haitong International Finance Holdings 2015 Ltd.,
2.11%, 03/12/25^(d)		400		378,472
Haitong International Securities Group Ltd., 3.13%, 05/18/25^(d)		200		188,936
Home Point Capital Inc., 5.00%, 02/01/26
(Call 12/01/23)^(b)		200		185,500
Horse Gallop Finance Ltd., 1.70%, 07/28/25^(d)		400		371,098
ICBCIL Finance Co. Ltd.
1.63%, 11/02/24^(d)		200		191,423
1.75%, 08/25/25^(d)		600		556,680
1.75%, 08/02/26^(d)		200		179,584
2.25%, 11/02/26^(d)		200		180,614
2.70%, 01/27/27^(d)		400		363,413
3.63%, 05/19/26^(d)		200		189,717
6.69%, 11/20/24, (3-mo. LIBOR US + 1.050%)^(a)(d)		200		200,257
ICD Sukuk Co. Ltd., 5.00%, 02/01/27^(d)		400		392,269
Intercontinental Exchange Inc.
3.10%, 09/15/27 (Call 06/15/27)		15		13,651


Security	Par (000)		Value

Diversified Financial Services (continued)
3.65%, 05/23/25	$	585	$	565,762
3.75%, 12/01/25 (Call 09/01/25)		630		605,272
4.00%, 09/15/27 (Call 08/15/27)		850		794,782
Intercorp Financial Services Inc., 4.13%, 10/19/27
(Call 07/19/27)^(d)		200		175,609
Inventive Global Investments Ltd.
1.60%, 09/01/26^(d)		200		177,736
1.65%, 09/03/25^(d)		200		184,668
Invesco Finance PLC, 3.75%, 01/15/26		204		194,774
Janus Henderson U.S. Holdings Inc., 4.88%, 08/01/25 (Call 05/01/25)		64		62,471
Jefferies Finance LLC/JFIN Co-Issuer Corp., 5.00%, 08/15/28 (Call 08/15/24)^(b)		335		268,226
Jefferies Financial Group Inc.
4.85%, 01/15/27		195		185,131
5.88%, 07/21/28 (Call 06/21/28)		235		226,510
6.45%, 06/08/27		102		101,269
Jefferson Capital Holdings LLC, 6.00%, 08/15/26
(Call 12/01/23)^(b)		110		96,208
JIC Zhixin Ltd., 1.50%, 08/27/25^(d)		400		369,644
Joy Treasure Assets Holdings Inc., 1.88%, 11/17/25
(Call 10/17/25)^(d)		600		545,023
KB Kookmin Card Co. Ltd., 1.50%, 05/13/26^(d)		200		178,947
KB Securities Co. Ltd., 2.13%, 11/01/26^(d)		200		177,072
Kodit Global 2023-1 Co. Ltd., 4.95%, 05/25/26^(d)		200		196,133
Korea Investment & Securities Co. Ltd., 2.13%, 07/19/26^(d)		200		176,496
Kuwait Projects Co. SPC Ltd.
4.23%, 10/29/26^(d)		200		172,336
4.50%, 02/23/27^(d)		200		169,127
Lazard Group LLC
3.63%, 03/01/27 (Call 12/01/26)		10		9,029
3.75%, 02/13/25		134		129,507
LD Holdings Group LLC
6.13%, 04/01/28 (Call 04/01/24)^(b)		165		91,527
6.50%, 11/01/25 (Call 12/01/23)^(b)		160		128,995
Legg Mason Inc., 4.75%, 03/15/26		212		206,584
LFS Topco LLC, 5.88%, 10/15/26 (Call 12/01/23)^(b)		110		92,974
LPL Holdings Inc., 4.63%, 11/15/27
(Call 12/01/23)^(b)		185		169,290
LSEGA Financing PLC, 1.38%, 04/06/26
(Call 03/06/26)^(b)		560		501,326
Macquarie Airfinance Holdings Ltd., 8.38%, 05/01/28
(Call 05/01/25)^(b)		200		199,347
Mastercard Inc.
2.00%, 03/03/25 (Call 02/03/25)		497		474,945
2.95%, 11/21/26 (Call 08/21/26)		60		55,971
3.30%, 03/26/27 (Call 01/26/27)		315		294,095
3.50%, 02/26/28 (Call 11/26/27)		10		9,283
4.88%, 03/09/28 (Call 02/09/28)		580		570,441
Midcap Financial Issuer Trust, 6.50%, 05/01/28
(Call 05/01/24)^(b)		315		268,221
Mirae Asset Securities Co. Ltd., 2.63%, 07/30/25^(d)		200		186,422
Mitsubishi HC Capital Inc., 5.08%, 09/15/27
(Call 08/15/27)^(b)		50		48,320
Mitsubishi HC Finance America LLC, 5.81%, 09/12/28 (Call 08/12/28)^(b)		200		195,646
Nasdaq Inc.
3.85%, 06/30/26 (Call 03/30/26)		205		195,458
5.35%, 06/28/28 (Call 05/28/28)		275		267,811
5.65%, 06/28/25		65		64,778


Security	Par (000)		Value

Diversified Financial Services (continued)
Nationstar Mortgage Holdings Inc.
5.50%, 08/15/28 (Call 12/01/23)^(b)	$	250	$	220,792
6.00%, 01/15/27 (Call 12/01/23)^(b)		215		200,103
Navient Corp.
4.88%, 03/15/28 (Call 06/15/27)		175		144,852
5.00%, 03/15/27 (Call 09/15/26)		230		202,516
5.88%, 10/25/24		120		117,399
6.75%, 06/25/25		205		200,213
6.75%, 06/15/26		170		161,408
Neuberger Berman Group LLC/Neuberger Berman Finance Corp., 4.50%, 03/15/27
(Call 12/15/26)^(b)		245		227,051
NFP Corp.
4.88%, 08/15/28 (Call 12/01/23)^(b)		185		162,685
6.88%, 08/15/28 (Call 12/01/23)^(b)		670		572,543
NH Investment & Securities Co. Ltd., 1.88%, 10/07/26^(d)		200		176,663
Nomura Holdings Inc.
1.65%, 07/14/26		470		414,590
1.85%, 07/16/25		520		481,824
2.17%, 07/14/28		475		390,157
2.33%, 01/22/27		405		354,811
2.65%, 01/16/25		585		559,280
5.10%, 07/03/25		330		323,136
5.39%, 07/06/27		235		225,765
5.71%, 01/09/26		270		266,067
5.84%, 01/18/28		215		209,133
6.07%, 07/12/28		210		205,508
Nuveen Finance LLC, 4.13%, 11/01/24^(b)		525		512,862
Ocean Laurel Co. Ltd., 2.38%, 10/20/25^(d)		200		184,781
OneMain Finance Corp.
3.50%, 01/15/27 (Call 01/15/24)		240		203,173
3.88%, 09/15/28 (Call 09/15/24)		210		166,857
6.63%, 01/15/28 (Call 07/15/27)		260		237,778
6.88%, 03/15/25		445		439,361
7.13%, 03/15/26		530		515,061
ORIX Corp.
3.25%, 12/04/24		321		311,316
5.00%, 09/13/27		265		257,301
Oxford Finance LLC/Oxford Finance Co-Issuer
II Inc., 6.38%, 02/01/27 (Call 02/01/24)^(b)		160		145,851
PennyMac Financial Services Inc., 5.38%, 10/15/25
(Call 12/01/23)^(b)		255		242,743
PHH Mortgage Corp., 7.88%, 03/15/26
(Call 12/01/23)^(b)		125		108,189
Pioneer Reward Ltd., 2.00%, 04/09/26^(d)		800		734,325
Power Sector Assets & Liabilities Management
Corp., 7.39%, 12/02/24^(d)		400		405,021
PRA Group Inc.
7.38%, 09/01/25 (Call 12/01/23)^(b)(c)		110		102,882
8.38%, 02/01/28 (Call 02/01/25)^(b)		140		115,203
Provident Funding Associates LP/PFG Finance
Corp., 6.38%, 06/15/25 (Call 12/01/23)^(b)		115		102,323
Radian Group Inc.
4.88%, 03/15/27 (Call 09/15/26)		306		284,762
6.63%, 03/15/25 (Call 09/15/24)		320		316,826
REC Ltd.
2.25%, 09/01/26^(d)		200		180,117
2.75%, 01/13/27^(d)		200		179,177
3.50%, 12/12/24^(d)		200		194,062
3.88%, 07/07/27^(d)		200		183,695


Security	Par (000)		Value

Diversified Financial Services (continued)
Rocket Mortgage LLC/Rocket Mortgage Co-Issuer Inc., 2.88%, 10/15/26
(Call 12/01/23)^(b)	$	410	$	357,225
Sarana Multi Infrastruktur Persero PT, 2.05%, 05/11/26^(d)		200		177,803
Shenwan Hongyuan International Finance Ltd.,
1.80%, 07/14/26^(d)		200		180,402
Shinhan Card Co. Ltd.
1.38%, 10/19/25^(d)		200		182,580
2.50%, 01/27/27^(d)		200		177,679
SLM Corp.
3.13%, 11/02/26 (Call 10/02/26)		175		152,908
4.20%, 10/29/25 (Call 09/29/25)		205		191,344
StoneX Group Inc., 8.63%, 06/15/25
(Call 12/01/23)^(b)		145		145,742
Sumitomo Mitsui Finance & Leasing Co. Ltd.,
2.51%, 01/22/25 (Call 12/22/24)^(d)		200		190,888
SURA Asset Management SA, 4.38%, 04/11/27^(d)		150		135,675
Synchrony Financial
3.70%, 08/04/26 (Call 05/04/26)		180		159,586
3.95%, 12/01/27 (Call 09/01/27)		55		47,144
4.50%, 07/23/25 (Call 04/23/25)		338		317,365
4.88%, 06/13/25 (Call 05/13/25)		270		255,896
United Wholesale Mortgage LLC
5.50%, 11/15/25 (Call 12/01/23)^(b)		270		257,320
5.75%, 06/15/27 (Call 06/15/24)^(b)		175		159,494
USAA Capital Corp., 3.38%, 05/01/25^(b)		225		216,827
Visa Inc.
0.75%, 08/15/27 (Call 06/15/27)		116		98,439
1.90%, 04/15/27 (Call 02/15/27)		765		681,398
2.75%, 09/15/27 (Call 06/15/27)		20		18,169
3.15%, 12/14/25 (Call 09/14/25)		1,382		1,319,100
Voya Financial Inc.
3.65%, 06/15/26		120		113,016
4.70%, 01/23/48 (Call 01/23/28), (3-mo. LIBOR US + 2.084%)^(a)		250		196,145
Western Union Co. (The)
1.35%, 03/15/26 (Call 02/15/26)		290		257,972
2.85%, 01/10/25 (Call 12/10/24)		329		315,471
World Acceptance Corp., 7.00%, 11/01/26
(Call 12/01/23)^(b)(c)		105		85,641
XP Inc., 3.25%, 07/01/26 (Call 06/01/26)^(d)		200		181,460


				79,628,034

Electric — 1.8%
Abu Dhabi National Energy Co. PJSC
4.38%, 04/23/25^(d)		300		293,313
4.38%, 06/22/26^(d)		400		385,836
Adani Transmission Ltd., 4.00%, 08/03/26^(d)		200		170,682
AEP Texas Inc., 3.95%, 06/01/28 (Call 03/01/28)		35		32,072
AES Corp. (The)
1.38%, 01/15/26 (Call 12/15/25)		377		334,867
3.30%, 07/15/25 (Call 06/15/25)^(b)		355		335,758
5.45%, 06/01/28 (Call 05/01/28)		260		248,077
Alabama Power Co., 3.75%, 09/01/27
(Call 08/01/27)		610		572,738
Alexander Funding Trust II, 7.47%, 07/31/28
(Call 06/30/28)^(b)		240		237,809
Algonquin Power & Utilities Corp., 4.75%, 01/18/82 (Call 01/18/27), (5-year CMT + 3.249%)^(a)		260		205,193
Ameren Corp.
1.95%, 03/15/27 (Call 02/15/27)		350		309,534


Security	Par (000)		Value

Electric (continued)
3.65%, 02/15/26 (Call 11/15/25)	$	100	$	95,190
Ameren Illinois Co., 3.25%, 03/01/25
(Call 12/01/24)		92		89,144
American Electric Power Co. Inc.
3.88%, 02/15/62 (Call 11/15/26), (5-year CMT + 2.675%)^(a)		314		247,890
5.75%, 11/01/27 (Call 10/01/27)		510		506,571
Series N, 1.00%, 11/01/25 (Call 10/01/25)		115		104,313
Appalachian Power Co.
3.40%, 06/01/25 (Call 03/01/25)		109		104,679
Series X, 3.30%, 06/01/27 (Call 03/01/27)		5		4,568
Arizona Public Service Co.
2.95%, 09/15/27 (Call 06/15/27)		25		22,661
3.15%, 05/15/25 (Call 02/15/25)		147		140,936
Avangrid Inc.
3.15%, 12/01/24 (Call 10/01/24)		169		163,301
3.20%, 04/15/25 (Call 03/15/25)		511		489,174
Berkshire Hathaway Energy Co.
3.50%, 02/01/25 (Call 11/01/24)		35		34,027
4.05%, 04/15/25 (Call 03/15/25)		856		835,463
Black Hills Corp.
3.15%, 01/15/27 (Call 07/15/26)		100		91,137
3.95%, 01/15/26 (Call 07/15/25)		20		19,064
5.95%, 03/15/28 (Call 02/15/28)		220		217,625
Calpine Corp.
4.50%, 02/15/28 (Call 12/01/23)^(b)		405		365,282
5.13%, 03/15/28 (Call 12/01/23)^(b)		445		398,259
5.25%, 06/01/26 (Call 12/01/23)^(b)		145		139,708
Castle Peak Power Finance Co. Ltd., 3.25%, 07/25/27^(d)		200		184,397
Cemig Geracao e Transmissao SA, 9.25%, 12/05/24
(Call 12/05/23)^(d)		200		199,765
CenterPoint Energy Houston Electric LLC
5.20%, 10/01/28 (Call 09/01/28)		155		151,588
Series Z, 2.40%, 09/01/26 (Call 06/01/26)		137		125,155
CenterPoint Energy Inc.
1.45%, 06/01/26 (Call 05/01/26)		305		273,622
5.25%, 08/10/26		100		98,502
CGNPC International Ltd., 3.75%, 12/11/27^(d)		200		186,456
China Clean Energy Development Ltd., 4.00%, 11/05/25^(d)		400		385,382
China Huadian Overseas Development 2018 Ltd., 3.38%, (Call 06/23/25), (5-year CMT + 6.065%)^(a)(d)(e)		200		191,312
China Huaneng Group Hong Kong Treasury Management Holding Ltd.
1.60%, 01/20/26^(d)		200		183,492
2.60%, 12/10/24^(d)		200		193,012
3.08%, (Call 12/09/25), (5-year CMT + 5.651%)^(a)(d)(e)		200		187,799
China Southern Power Grid International Finance
BVI Co. Ltd., 3.50%, 05/08/27^(d)		400		374,940
Cikarang Listrindo Tbk PT, 4.95%, 09/14/26
(Call 11/30/23)^(d)		200		189,896
Clearway Energy Operating LLC, 4.75%, 03/15/28
(Call 11/13/23)^(b)		300		268,688
Cleco Corporate Holdings LLC, 3.74%, 05/01/26
(Call 02/01/26)		36		33,688
Cleveland Electric Illuminating Co. (The), 3.50%, 04/01/28 (Call 01/01/28)^(b)		700		625,895


Security	Par (000)		Value

Electric (continued)
CLP Power Hong Kong Financing Ltd., 3.38%, 10/26/27^(d)	$	200	$	183,938
CMS Energy Corp.
3.00%, 05/15/26 (Call 02/15/26)		80		74,577
3.45%, 08/15/27 (Call 05/15/27)		270		247,222
Comision Federal de Electricidad, 4.75%, 02/23/27^(d)		200		189,762
Commonwealth Edison Co., Series 122, 2.95%, 08/15/27 (Call 05/15/27)		5		4,532
Connecticut Light & Power Co. (The)
Series A, 0.75%, 12/01/25 (Call 11/01/25)		32		29,029
Series A, 3.20%, 03/15/27 (Call 12/15/26)		185		170,758
Consolidated Edison Co. of New York Inc., Series B, 3.13%, 11/15/27 (Call 08/15/27)		5		4,562
Constellation Energy Generation LLC
3.25%, 06/01/25 (Call 05/01/25)		526		503,283
5.60%, 03/01/28 (Call 02/01/28)		210		206,124
Consumers Energy Co., 4.65%, 03/01/28 (Call 01/01/28)		220		212,196
Dominion Energy Inc.
3.90%, 10/01/25 (Call 07/01/25)		265		255,494
4.25%, 06/01/28 (Call 03/01/28)		300		279,351
Series A, 1.45%, 04/15/26 (Call 03/15/26)		325		292,205
Series A, 3.30%, 03/15/25 (Call 02/15/25)		230		221,953
Series B, 3.60%, 03/15/27 (Call 01/15/27)		15		13,910
Series D, 2.85%, 08/15/26 (Call 05/15/26)		145		133,335
DPL Inc., 4.13%, 07/01/25 (Call 04/01/25)		175		165,921
Drax Finco PLC, 6.63%, 11/01/25 (Call 11/13/23)^(b)		205		197,966
DTE Electric Co., 3.38%, 03/01/25 (Call 12/01/24)		10		9,704
DTE Energy Co.
2.85%, 10/01/26 (Call 07/01/26)		45		41,329
4.22%, 11/01/24^(g)		337		330,358
4.88%, 06/01/28 (Call 05/01/28)		505		480,628
Series F, 1.05%, 06/01/25 (Call 05/01/25)		428		395,534
Duke Energy Carolinas LLC, 2.95%, 12/01/26 (Call 09/01/26)		25		23,228
Duke Energy Corp.
0.90%, 09/15/25 (Call 08/15/25)		341		311,126
2.65%, 09/01/26 (Call 06/01/26)		140		128,256
3.25%, 01/15/82 (Call 01/15/27), (5-year CMT + 2.321%)^(a)		174		125,712
4.30%, 03/15/28 (Call 02/15/28)		620		581,761
5.00%, 12/08/25		230		226,266
5.00%, 12/08/27 (Call 11/08/27)		520		502,093
Duke Energy Florida LLC, 3.20%, 01/15/27 (Call 10/15/26)		440		409,424
Duke Energy Progress LLC, 3.25%, 08/15/25 (Call 05/15/25)		265		254,944
Duquesne Light Holdings Inc., 3.62%, 08/01/27 (Call 05/01/27)^(b)		5		4,441
Edison International
3.55%, 11/15/24 (Call 10/15/24)		261		253,529
4.70%, 08/15/25		205		199,023
4.95%, 04/15/25 (Call 03/15/25)		243		237,721
8.13%, 06/15/53 (Call 03/15/28), (5-year CMT + 3.864%)^(a)		175		169,001
EDP Finance BV
1.71%, 01/24/28^(b)		15		12,579
6.30%, 10/11/27^(b)		365		367,419
Electricite de France SA
3.63%, 10/13/25 (Call 07/13/25)^(b)		1,420		1,364,324


Security	Par (000)		Value

Electric (continued)
5.70%, 05/23/28 (Call 04/23/28)^(b)	$	700	$	684,727
Emera U.S. Finance LP, 3.55%, 06/15/26 (Call 03/15/26)		225		210,773
Enel Americas SA, 4.00%, 10/25/26 (Call 07/25/26)		369		344,290
Enel Chile SA, 4.88%, 06/12/28 (Call 03/12/28)		810		754,163
Enel Finance America LLC, 7.10%, 10/14/27 (Call 09/14/27)^(b)		475		485,917
Enel Finance International NV
1.38%, 07/12/26 (Call 06/12/26)^(b)		540		476,472
3.50%, 04/06/28^(b)		940		833,658
4.25%, 06/15/25^(b)		385		373,661
4.63%, 06/15/27 (Call 05/15/27)^(b)		445		421,028
6.80%, 10/14/25^(b)		280		283,111
Engie Energia Chile SA, 4.50%, 01/29/25^(d)		200		192,289
Entergy Corp.
0.90%, 09/15/25 (Call 08/15/25)		283		257,616
2.95%, 09/01/26 (Call 06/01/26)		255		234,951
Entergy Louisiana LLC
2.40%, 10/01/26 (Call 07/01/26)		205		186,860
3.12%, 09/01/27 (Call 06/01/27)		160		145,350
Eskom Holdings SOC Ltd.
4.31%, 07/23/27^(d)		200		174,993
6.35%, 08/10/28^(d)		400		362,012
7.13%, 02/11/25^(d)		400		392,152
8.45%, 08/10/28^(d)		200		189,731
Evergy Kansas Central Inc., 2.55%, 07/01/26 (Call 04/01/26)		35		32,350
Evergy Metro Inc., 3.65%, 08/15/25 (Call 05/15/25)		100		96,220
Evergy Missouri West Inc., 5.15%, 12/15/27 (Call 11/15/27)^(b)		280		270,772
Eversource Energy
2.90%, 03/01/27 (Call 02/01/27)		285		258,486
4.60%, 07/01/27 (Call 06/01/27)		460		438,034
4.75%, 05/15/26		120		116,664
5.45%, 03/01/28 (Call 02/01/28)		440		429,546
Series H, 3.15%, 01/15/25 (Call 10/15/24)		79		76,396
Series Q, 0.80%, 08/15/25 (Call 07/15/25)		267		243,681
Series U, 1.40%, 08/15/26 (Call 07/15/26)		140		124,000
Exelon Corp.
2.75%, 03/15/27 (Call 02/15/27)		365		329,939
3.40%, 04/15/26 (Call 01/15/26)		631		598,124
3.95%, 06/15/25 (Call 03/15/25)		438		423,859
5.15%, 03/15/28 (Call 02/15/28)		180		174,558
Fells Point Funding Trust, 3.05%, 01/31/27 (Call 12/31/26)^(b)		137		123,569
FirstEnergy Corp.
2.05%, 03/01/25 (Call 02/01/25)		111		104,165
Series A, 1.60%, 01/15/26 (Call 12/15/25)		110		98,863
Series B, 4.15%, 07/15/27 (Call 04/15/27)		532		492,788
FirstEnergy Transmission LLC, 4.35%, 01/15/25 (Call 10/15/24)^(b)		185		180,284
Florida Power & Light Co.
2.85%, 04/01/25 (Call 03/01/25)		420		403,953
3.13%, 12/01/25 (Call 06/01/25)		60		57,225
4.40%, 05/15/28 (Call 03/15/28)		140		133,255
4.45%, 05/15/26 (Call 04/15/26)		107		104,655
5.05%, 04/01/28 (Call 03/01/28)		190		185,976
Fortis Inc./Canada, 3.06%, 10/04/26 (Call 07/04/26)		367		336,593
Georgia Power Co.
3.25%, 03/30/27 (Call 12/30/26)		20		18,351
4.65%, 05/16/28 (Call 03/16/28)		440		420,241


Security	Par (000)		Value

Electric (continued)
Hengjian International Investment Ltd., 1.88%, 06/23/25^(d)	$	200	$	186,459
Hongkong Electric Finance Ltd., 2.88%, 05/03/26^(d)		200		187,288
Iberdrola International BV, 5.81%, 03/15/25		20		19,962
Interstate Power & Light Co.
3.25%, 12/01/24 (Call 09/01/24)		485		471,025
4.10%, 09/26/28 (Call 06/26/28)		5		4,633
Israel Electric Corp. Ltd.
4.25%, 08/14/28^(b)		200		175,175
Series 6, 5.00%, 11/12/24^(b)		600		582,277
ITC Holdings Corp.
3.25%, 06/30/26 (Call 03/30/26)		55		51,552
4.95%, 09/22/27 (Call 08/22/27)^(b)		570		550,188
JERA Co. Inc., 3.67%, 04/14/27 (Call 03/14/27)^(d)		200		184,372
Jersey Central Power & Light Co., 4.30%, 01/15/26 (Call 10/15/25)^(b)		125		120,054
Kallpa Generacion SA
4.13%, 08/16/27 (Call 05/16/27)^(d)		200		181,102
4.88%, 05/24/26 (Call 02/24/26)^(d)		200		191,103
Korea East-West Power Co. Ltd.
1.75%, 05/06/25^(d)		200		188,317
3.60%, 05/06/25^(d)		200		193,535
Korea Electric Power Corp., 1.13%, 06/15/25^(d)		400		371,781
Korea Midland Power Co. Ltd., 1.25%, 08/09/26^(d)		200		177,127
Korea Southern Power Co. Ltd., 0.75%, 01/27/26^(d)		200		179,285
Lamar Funding Ltd., 3.96%, 05/07/25^(d)		514		490,047
Light Servicos de Eletricidade SA/Light Energia SA,
4.38%, 06/18/26 (Call 06/18/24)^(d)		200		90,041
Louisville Gas & Electric Co., Series 25, 3.30%, 10/01/25 (Call 07/01/25)		15		14,374
Mazoon Assets Co. SAOC, 5.20%, 11/08/27^(d)		200		193,218
Metropolitan Edison Co., 5.20%, 04/01/28 (Call 03/01/28)^(b)		45		43,400
MidAmerican Energy Co., 3.10%, 05/01/27 (Call 02/01/27)		10		9,174
Mid-Atlantic Interstate Transmission LLC, 4.10%, 05/15/28 (Call 02/15/28)^(b)		10		9,180
Monongahela Power Co., 3.55%, 05/15/27 (Call 02/15/27)^(b)		110		101,196
MVM Energetika Zrt, 7.50%, 06/09/28^(d)		200		199,823
National Central Cooling Co. PJSC, 2.50%, 10/21/27^(d)		200		174,509
National Rural Utilities Cooperative Finance Corp.
1.00%, 06/15/26 (Call 05/15/26)		295		261,991
1.88%, 02/07/25		390		371,123
2.85%, 01/27/25 (Call 10/27/24)		100		96,585
3.05%, 04/25/27 (Call 01/25/27)		60		55,057
3.25%, 11/01/25 (Call 08/01/25)		5		4,780
3.45%, 06/15/25		275		265,197
4.45%, 03/13/26 (Call 02/13/26)		140		136,411
4.80%, 03/15/28 (Call 02/15/28)		355		343,469
5.05%, 09/15/28 (Call 08/15/28)		150		145,612
5.45%, 10/30/25		485		484,411
5.60%, 11/13/26 (Call 10/13/26)		100		99,948
New York State Electric & Gas Corp., 5.65%, 08/15/28 (Call 07/15/28)^(b)		12		11,765
NextEra Energy Capital Holdings Inc.
1.88%, 01/15/27 (Call 12/15/26)		678		595,894
1.90%, 06/15/28 (Call 04/15/28)		600		500,888
3.55%, 05/01/27 (Call 02/01/27)		570		524,399


Security	Par (000)		Value

Electric (continued)
3.80%, 03/15/82 (Call 03/15/27), (5-year CMT + 2.547%)^(a)	$	50	$	40,021
4.45%, 06/20/25		747		728,772
4.63%, 07/15/27 (Call 06/15/27)		800		762,340
4.90%, 02/28/28 (Call 01/28/28)		1,120		1,070,668
5.75%, 09/01/25		12		11,943
6.05%, 03/01/25		10		9,996
NextEra Energy Operating Partners LP
3.88%, 10/15/26 (Call 07/15/26)^(b)		190		172,809
4.50%, 09/15/27 (Call 06/15/27)^(b)		180		161,373
NRG Energy Inc.
2.00%, 12/02/25 (Call 11/02/25)^(b)		305		277,461
2.45%, 12/02/27 (Call 10/02/27)^(b)		220		185,355
5.75%, 01/15/28 (Call 11/16/23)		300		281,725
6.63%, 01/15/27 (Call 11/16/23)		160		155,512
NTPC Ltd., 4.25%, 02/26/26^(d)		200		193,505
Oncor Electric Delivery Co. LLC
0.55%, 10/01/25 (Call 09/01/25)		548		497,684
2.95%, 04/01/25 (Call 01/01/25)		99		95,328
Pacific Gas and Electric Co.
2.95%, 03/01/26 (Call 12/01/25)		297		272,538
3.00%, 06/15/28 (Call 04/15/28)		680		575,767
3.15%, 01/01/26		747		691,077
3.30%, 03/15/27 (Call 12/15/26)		30		26,882
3.30%, 12/01/27 (Call 09/01/27)		120		104,550
3.45%, 07/01/25		449		425,592
3.50%, 06/15/25 (Call 03/15/25)		326		310,265
3.75%, 07/01/28		400		350,454
4.65%, 08/01/28 (Call 05/01/28)		15		13,573
4.95%, 06/08/25		230		224,552
5.45%, 06/15/27 (Call 05/15/27)		130		124,156
Palomino Funding Trust I, 7.23%, 05/17/28 (Call 04/17/28)^(b)		250		249,842
Pampa Energia SA, 7.50%, 01/24/27 (Call 11/30/23)^(d)		300		279,009
Pattern Energy Operations LP/Pattern Energy Operations Inc., 4.50%, 08/15/28 (Call 12/01/23)^(b)		235		204,435
Perusahaan Listrik Negara PT, 4.13%, 05/15/27^(d)		600		563,656
Perusahaan Perseroan Persero PT Perusahaan Listrik Negara, 5.45%, 05/21/28^(d)		200		194,040
PG&E Corp., 5.00%, 07/01/28 (Call 11/13/23)^(c)		350		317,143
Pike Corp., 5.50%, 09/01/28 (Call 12/01/23)^(b)		225		192,469
Pinnacle West Capital Corp., 1.30%, 06/15/25 (Call 05/15/25)		325		301,262
PPL Capital Funding Inc., 3.10%, 05/15/26 (Call 02/15/26)		127		118,741
Public Service Electric & Gas Co.
0.95%, 03/15/26 (Call 02/15/26)		89		80,222
2.25%, 09/15/26 (Call 06/15/26)		15		13,719
3.00%, 05/15/25 (Call 02/15/25)		40		38,494
Public Service Enterprise Group Inc.
0.80%, 08/15/25 (Call 07/15/25)		245		224,195
5.85%, 11/15/27 (Call 10/15/27)		95		94,542
5.88%, 10/15/28 (Call 09/15/28)		175		173,197
Puget Energy Inc., 3.65%, 05/15/25 (Call 02/15/25)		319		306,154
ReNew Wind Energy AP2/ReNew Power Pvt Ltd. other 9 Subsidiaries, 4.50%, 07/14/28 (Call 11/10/23)^(d)		200		164,343
Rochester Gas and Electric Corp., 3.10%, 06/01/27 (Call 03/01/27)^(b)		150		136,182


Security	Par (000)		Value

Electric (continued)
San Diego Gas & Electric Co.
2.50%, 05/15/26 (Call 02/15/26)	$	5	$	4,627
4.95%, 08/15/28 (Call 07/15/28)		500		482,166
Saudi Electricity Global Sukuk Co. 4, 4.72%, 09/27/28^(d)		400		386,570
Saudi Electricity Global Sukuk Co. 5, 1.74%, 09/17/25^(d)		250		231,041
Sempra Energy
3.25%, 06/15/27 (Call 03/15/27)		10		9,068
3.30%, 04/01/25 (Call 03/01/25)		217		208,687
3.40%, 02/01/28 (Call 11/01/27)		50		45,046
4.13%, 04/01/52 (Call 01/01/27), (5-year CMT + 2.868%)^(a)		454		354,710
5.40%, 08/01/26 (Call 07/01/26)		175		172,424
Sierra Pacific Power Co., 2.60%, 05/01/26 (Call 02/01/26)		15		13,932
SMC Global Power Holdings Corp.
5.70%, (Call 01/21/26), (5-year CMT + 6.554%)^(a)(d)(e)		400		286,487
7.00%, (Call 10/21/25), (5-year CMT + 9.199%)^(a)(d)(e)		400		320,895
Southern California Edison Co.
4.90%, 06/01/26 (Call 05/01/26)		115		112,140
5.30%, 03/01/28 (Call 02/01/28)		925		904,408
5.65%, 10/01/28 (Call 09/01/28)		30		29,705
5.85%, 11/01/27 (Call 10/01/27)		220		219,953
Series 2020-C, 1.20%, 02/01/26 (Call 01/01/26)		255		229,604
Series C, 4.20%, 06/01/25		262		255,189
Series D, 4.70%, 06/01/27 (Call 05/01/27)		375		360,227
Series E, 3.70%, 08/01/25 (Call 06/01/25)		209		200,672
Southern Co. (The)
3.25%, 07/01/26 (Call 04/01/26)		705		659,124
4.85%, 06/15/28 (Call 04/15/28)		240		229,540
5.11%, 08/01/27		5		4,823
5.15%, 10/06/25		300		296,559
Series 21-A, 3.75%, 09/15/51 (Call 06/15/26), (5-year CMT + 2.915%)^(a)		409		347,609
Series B, 4.00%, 01/15/51 (Call 10/15/25), (5-year CMT + 3.733%)^(a)		431		392,923
Southern Power Co.
0.90%, 01/15/26 (Call 12/15/25)		275		246,232
4.15%, 12/01/25 (Call 09/01/25)		245		236,557
Southwestern Electric Power Co.
Series K, 2.75%, 10/01/26 (Call 07/01/26)		82		75,032
Series M, 4.10%, 09/15/28 (Call 06/15/28)		300		275,068
Series N, 1.65%, 03/15/26 (Call 02/15/26)		417		377,490
SP PowerAssets Ltd.
3.00%, 09/26/27^(b)(c)		200		183,137
3.25%, 11/24/25^(b)		200		191,240
SPIC MTN Co. Ltd., 1.63%, 07/27/25^(d)		600		558,645
State Grid Europe Development 2014 PLC, 3.13%, 04/07/25 (Call 03/07/25)^(d)		200		192,994
State Grid Europe Development PLC, 3.25%, 04/07/27 (Call 03/07/27)^(d)		400		372,369
State Grid Overseas Investment 2016 Ltd.
1.00%, 08/05/25 (Call 07/05/25)^(d)		200		184,445
3.50%, 05/04/27^(d)		400		375,320
State Grid Overseas Investment BVI Ltd.
1.13%, 09/08/26 (Call 08/08/26)^(d)		200		177,103
2.88%, 05/18/26^(d)		600		563,090


Security	Par (000)		Value

Electric (continued)
System Energy Resources Inc., 6.00%, 04/15/28 (Call 03/15/28)	$	600	$	579,103
Tabreed Sukuk Spc Ltd., 5.50%, 10/31/25^(d)		200		197,581
Terraform Global Operating LP, 6.13%, 03/01/26 (Call 12/01/23)^(b)		135		130,025
Three Gorges Finance I Cayman Islands Ltd.
1.30%, 09/22/25^(d)		600		553,725
3.15%, 06/02/26^(d)		400		377,424
TNB Global Ventures Capital Bhd, 3.24%, 10/19/26^(d)		200		186,380
Trans-Allegheny Interstate Line Co., 3.85%, 06/01/25 (Call 03/01/25)^(b)		300		289,721
Transelec SA, 4.25%, 01/14/25 (Call 10/14/24)^(d)		200		194,427
Tucson Electric Power Co., 3.05%, 03/15/25 (Call 12/15/24)		125		120,592
Union Electric Co., 2.95%, 06/15/27 (Call 03/15/27)		45		41,072
Virginia Electric & Power Co.
Series A, 3.10%, 05/15/25 (Call 02/15/25)		192		184,207
Series A, 3.15%, 01/15/26 (Call 10/15/25)		420		398,160
Series A, 3.50%, 03/15/27 (Call 12/15/26)		250		232,347
Series B, 2.95%, 11/15/26 (Call 08/15/26)		40		36,911
Series B, 3.75%, 05/15/27 (Call 04/15/27)		550		515,597
Vistra Operations Co. LLC
3.70%, 01/30/27 (Call 11/30/26)^(b)		337		306,416
5.00%, 07/31/27 (Call 11/13/23)^(b)		460		422,028
5.13%, 05/13/25^(b)		140		136,798
5.50%, 09/01/26 (Call 11/13/23)^(b)		355		338,444
5.63%, 02/15/27 (Call 11/13/23)^(b)		460		432,913
WEC Energy Group Inc.
1.38%, 10/15/27 (Call 08/15/27)		3		2,529
4.75%, 01/09/26 (Call 12/09/25)		465		453,395
4.75%, 01/15/28 (Call 12/15/27)		350		334,387
5.00%, 09/27/25 (Call 08/27/25)		250		246,350
5.15%, 10/01/27 (Call 09/01/27)		305		297,391
5.60%, 09/12/26 (Call 08/12/26)		125		124,224
Wisconsin Electric Power Co., 2.05%, 12/15/24 (Call 11/15/24)		144		138,204
Wisconsin Public Service Corp., 5.35%, 11/10/25 (Call 10/10/25)		140		139,451
Xcel Energy Inc.
1.75%, 03/15/27 (Call 02/15/27)		420		366,243
3.30%, 06/01/25 (Call 12/01/24)		378		362,551
3.35%, 12/01/26 (Call 06/01/26)		75		69,581
Zhejiang Energy International Ltd., 1.74%, 07/20/26^(d)		200		179,116


				73,946,693

Electrical Components & Equipment — 0.0%
Emerson Electric Co.
0.88%, 10/15/26 (Call 09/15/26)		70		61,507
3.15%, 06/01/25 (Call 03/01/25)		168		162,124
Energizer Holdings Inc.
4.75%, 06/15/28 (Call 12/01/23)^(b)		100		85,900
6.50%, 12/31/27 (Call 08/31/24)^(b)		125		117,251
EnerSys, 4.38%, 12/15/27 (Call 09/15/27)^(b)		105		93,972
Molex Electronic Technologies LLC, 3.90%, 04/15/25 (Call 01/15/25)^(b)		209		199,245
WESCO Distribution Inc.
7.13%, 06/15/25 (Call 12/01/23)^(b)		530		530,769
7.25%, 06/15/28 (Call 12/01/23)^(b)		250		248,646


				1,499,414


Security	Par (000)		Value

Electronics — 0.2%
Amphenol Corp.
2.05%, 03/01/25 (Call 02/01/25)	$	298	$	283,994
4.75%, 03/30/26		25		24,420
Arrow Electronics Inc.
3.88%, 01/12/28 (Call 10/12/27)		200		180,812
4.00%, 04/01/25 (Call 01/01/25)		73		70,502
Avnet Inc.
4.63%, 04/15/26 (Call 01/15/26)		237		227,388
6.25%, 03/15/28 (Call 02/15/28)		160		157,799
Flex Ltd.
3.75%, 02/01/26 (Call 01/01/26)		300		283,948
4.75%, 06/15/25 (Call 03/15/25)		157		153,113
6.00%, 01/15/28 (Call 12/15/27)		130		128,634
Fortive Corp., 3.15%, 06/15/26 (Call 03/15/26)		200		186,301
Foxconn Far East Ltd., 1.63%, 10/28/25^(d)		600		549,683
Honeywell International Inc.
1.10%, 03/01/27 (Call 02/01/27)		470		410,223
1.35%, 06/01/25 (Call 05/01/25)		571		536,396
2.50%, 11/01/26 (Call 08/01/26)		90		83,217
4.85%, 11/01/24		70		69,443
4.95%, 02/15/28 (Call 01/15/28)		456		450,414
Hubbell Inc.
3.15%, 08/15/27 (Call 05/15/27)		65		59,212
3.35%, 03/01/26 (Call 12/01/25)		60		56,846
3.50%, 02/15/28 (Call 11/15/27)		5		4,592
Jabil Inc.
1.70%, 04/15/26 (Call 03/15/26)		185		166,483
3.95%, 01/12/28 (Call 10/12/27)		15		13,667
4.25%, 05/15/27 (Call 04/15/27)		217		203,554
Keysight Technologies Inc., 4.60%, 04/06/27 (Call 01/06/27)		5		4,767
Legrand France SA, 8.50%, 02/15/25		343		356,467
Likewize Corp., 9.75%, 10/15/25 (Call 11/13/23)^(b)		160		159,050
Sensata Technologies BV
5.00%, 10/01/25^(b)		250		243,420
5.63%, 11/01/24^(b)		160		158,622
TD SYNNEX Corp.
1.75%, 08/09/26 (Call 07/09/26)		260		227,475
2.38%, 08/09/28 (Call 06/09/28)		105		86,133
Trimble Inc., 4.75%, 12/01/24 (Call 09/01/24)		335		329,889
Tyco Electronics Group SA
3.13%, 08/15/27 (Call 05/15/27)		115		105,408
3.70%, 02/15/26 (Call 11/15/25)		90		86,162
4.50%, 02/13/26		200		195,254
Vontier Corp.
1.80%, 04/01/26 (Call 03/01/26)		270		241,058
2.40%, 04/01/28 (Call 02/01/28)		20		16,508


				6,510,854

Energy - Alternate Sources — 0.1%
Adani Green Energy UP Ltd./Prayatna Developers Pvt Ltd./Parampujya Solar Energy, 6.25%, 12/10/24^(d)		200		190,511
Aydem Yenilenebilir Enerji AS, 7.75%, 02/02/27 (Call 02/02/24)^(d)		200		175,234
Contemporary Ruiding Development Ltd.
1.50%, 09/09/26^(d)		200		177,268
1.88%, 09/17/25 (Call 08/17/25)^(d)		400		371,516
Enviva Partners LP/Enviva Partners Finance Corp., 6.50%, 01/15/26 (Call 12/01/23)^(b)(c)		255		179,191
Greenko Dutch BV, 3.85%, 03/29/26 (Call 11/30/23)^(d)		370		330,307


Security	Par (000)		Value

Energy - Alternate Sources (continued)
Greenko Solar Mauritius Ltd.
5.55%, 01/29/25 (Call 11/30/23)^(d)	$	200	$	191,928
5.95%, 07/29/26 (Call 11/30/23)^(d)		200		184,792
Greenko Wind Projects Mauritius Ltd., 5.50%, 04/06/25 (Call 04/06/24)^(d)		200		190,203
Hanwha Q Cells Americas Holdings Corp., 5.00%, 07/27/28		200		193,096
MSU Energy SA/UGEN SA/UENSA SA, 6.88%, 02/01/25 (Call 11/30/23)^(d)		250		175,988
SK Battery America Inc., 2.13%, 01/26/26^(d)		200		180,368
Sunnova Energy Corp.
5.88%, 09/01/26 (Call 12/01/23)^(b)		150		121,401
11.75%, 10/01/28 (Call 04/01/28)^(c)		110		93,834
TerraForm Power Operating LLC, 5.00%, 01/31/28 (Call 07/31/27)^(b)		255		233,426
Vena Energy Capital Pte Ltd., 3.13%, 02/26/25^(d)		300		285,170


				3,274,233

Engineering & Construction — 0.2%
AECOM, 5.13%, 03/15/27 (Call 12/15/26)		355		334,747
Artera Services LLC, 9.03%, 12/04/25 (Call 12/01/23)^(b)		320		288,843
BCEG Hongkong Co. Ltd., 2.22%, 07/02/26 (Call 06/02/26)^(d)		400		361,464
Brundage-Bone Concrete Pumping Holdings Inc.,
6.00%, 02/01/26 (Call 12/01/23)^(b)		155		146,511
CCCI Treasure Ltd.
3.43%, (Call 11/21/24), (5-year CMT + 4.998%)^(a)(d)(e)		400		386,657
3.65%, (Call 11/21/26), (5-year CMT + 5.117%)^(a)(d)(e)		200		185,033
China Railway Xunjie Co. Ltd.
3.25%, 07/28/26^(d)		400		374,998
4.00%, 07/06/27^(d)		200		189,058
China State Construction Finance Cayman I Ltd., 3.40%, (Call 06/08/26), (5-year CMT + 5.581%)^(a)(d)(e)		200		185,915
China State Construction Finance Cayman III Ltd., 4.00%, (Call 12/03/24), (5-year CMT + 5.410%)^(a)(d)(e)		200		195,012
Chouzhou International Investment Ltd., 4.00%, 02/18/25^(d)		400		387,937
CRCC Hean Ltd., 1.88%, 05/20/26 (Call 04/20/26)^(d)		200		182,184
Delhi International Airport Ltd., 6.13%, 10/31/26^(d)		200		190,052
Dianjian Haiyu Ltd., 3.45%, (Call 09/29/25), (5-year CMT + 6.189%)^(a)(d)(e)		200		189,835
Fluor Corp., 4.25%, 09/15/28 (Call 06/15/28)^(c)		250		226,933
Henan Water Conservancy Investment Group Co. Ltd., 2.80%, 09/18/25^(d)		400		373,512
HTA Group Ltd./Mauritius, 7.00%, 12/18/25 (Call 11/10/23)^(d)		200		193,274
IHS Holding Ltd., 5.63%, 11/29/26 (Call 11/30/23)^(d)		400		322,070
IHS Netherlands Holdco BV, 8.00%, 09/18/27 (Call 11/30/23)^(d)		200		163,704
INNOVATE Corp., 8.50%, 02/01/26 (Call 11/13/23)^(b)		110		84,677
Jacobs Engineering Group Inc., 6.35%, 08/18/28 (Call 07/18/28)		200		198,893
Lendlease U.S. Capital Inc., 4.50%, 05/26/26^(d)		250		233,901
Mexico City Airport Trust, 4.25%, 10/31/26 (Call 07/31/26)^(d)		200		185,769


Security	Par (000)		Value

Engineering & Construction (continued)
Powerchina Roadbridge Group British Virgin Islands Ltd., 3.08%, (Call 04/01/26), (5-year CMT + 5.256%)^(a)(d)(e)	$	200	$	185,568
Ste Transcore Holdings Inc., 4.13%, 05/23/26		200		193,474
Sydney Airport Finance Co. Pty Ltd.
3.38%, 04/30/25 (Call 01/30/25)^(b)		23		22,116
3.63%, 04/28/26 (Call 01/28/26)^(b)		350		330,668
Tutor Perini Corp., 6.88%, 05/01/25 (Call 11/16/23)^(b)(c)		180		154,838
Weekley Homes LLC/Weekley Finance Corp.,
4.88%, 09/15/28 (Call 12/01/23)^(b)		125		107,392
Xingcheng Bvi Ltd., 2.38%, 10/08/26^(d)		200		177,836
Yongda Investment Ltd., 2.25%, 06/16/25^(d)		400		376,194
Zhengzhou Urban Construction Investment Group Co. Ltd., 5.20%, 08/30/25^(d)		200		194,620


				7,323,685

Entertainment — 0.3%
Affinity Gaming, 6.88%, 12/15/27 (Call 12/01/23)^(b)		189		154,194
AMC Entertainment Holdings Inc., 10.00%, 06/15/26 (Call 11/13/23)^(b)(c)		470		355,314
Caesars Entertainment Inc.
6.25%, 07/01/25 (Call 11/13/23)^(b)		1,120		1,102,250
8.13%, 07/01/27 (Call 12/01/23)^(b)(c)		570		564,481
Caesars Resort Collection LLC/CRC Finco Inc.,
5.75%, 07/01/25 (Call 11/13/23)^(b)		340		334,993
CCM Merger Inc., 6.38%, 05/01/26 (Call 12/01/23)^(b)		100		94,849
Cedar Fair LP/Canada’s Wonderland Co./ Magnum Management Corp./Millennium Op
5.38%, 04/15/27 (Call 12/01/23)		185		171,328
5.50%, 05/01/25 (Call 12/01/23)^(b)		355		348,152
Churchill Downs Inc.
4.75%, 01/15/28 (Call 12/01/23)^(b)		245		219,993
5.50%, 04/01/27 (Call 12/01/23)^(b)		235		220,952
Cinemark USA Inc.
5.25%, 07/15/28 (Call 07/15/24)^(b)(c)		250		217,651
5.88%, 03/15/26 (Call 12/01/23)^(b)(c)		140		133,456
8.75%, 05/01/25 (Call 12/01/23)^(b)(c)		52		52,546
Empire Resorts Inc., 7.75%, 11/01/26 (Call 12/01/23)^(b)		100		81,550
Golden Entertainment Inc., 7.63%, 04/15/26 (Call 12/01/23)^(b)		146		146,425
International Game Technology PLC
4.13%, 04/15/26 (Call 12/01/23)^(b)		295		277,954
6.25%, 01/15/27 (Call 07/15/26)^(b)		260		253,354
6.50%, 02/15/25 (Call 08/15/24)^(b)		191		189,849
Light & Wonder International Inc., 7.00%, 05/15/28 (Call 12/01/23)^(b)		250		244,030
Live Nation Entertainment Inc.
3.75%, 01/15/28 (Call 01/15/24)^(b)		180		158,088
4.75%, 10/15/27 (Call 12/01/23)^(b)(c)		315		287,994
4.88%, 11/01/24 (Call 12/01/23)^(b)		200		196,101
5.63%, 03/15/26 (Call 12/01/23)^(b)		115		110,464
6.50%, 05/15/27 (Call 12/01/23)^(b)		425		414,799
Merlin Entertainments Ltd., 5.75%, 06/15/26 (Call 03/17/26)^(b)		180		170,055
Mohegan Gaming & Entertainment
7.88%, 10/15/24 (Call 11/16/23)^(b)(c)		220		209,397
8.00%, 02/01/26 (Call 12/01/23)^(b)		389		357,478
Motion Bondco DAC, 6.63%, 11/15/27 (Call 12/01/23)^(b)(c)		145		129,763


Security	Par (000)		Value

Entertainment (continued)
Odeon Finco PLC, 12.75%, 11/01/27 (Call 11/01/24)^(b)	$	120	$	120,270
Penn Entertainment Inc., 5.63%, 01/15/27 (Call 12/01/23)^(b)		130		118,925
Raptor Acquisition Corp./Raptor Co-Issuer LLC,
4.88%, 11/01/26 (Call 11/13/23)^(b)		145		134,967
SeaWorld Parks & Entertainment Inc., 8.75%, 05/01/25 (Call 12/01/23)^(b)		85		86,305
Six Flags Entertainment Corp., 5.50%, 04/15/27 (Call 12/01/23)^(b)		160		145,632
Six Flags Theme Parks Inc., 7.00%, 07/01/25 (Call 12/01/23)^(b)		142		141,137
Speedway Motorsports LLC/Speedway Funding II Inc., 4.88%, 11/01/27 (Call 12/01/23)^(b)		150		134,109
Universal Entertainment Corp., 8.75%, 12/11/24 (Call 12/11/23)^(b)(g)		275		284,805
Vail Resorts Inc., 6.25%, 05/15/25 (Call 12/01/23)^(b)		230		228,675
Warnermedia Holdings Inc.
3.64%, 03/15/25		617		596,429
3.76%, 03/15/27 (Call 02/15/27)		1,459		1,343,333
3.79%, 03/15/25 (Call 11/13/23)		232		224,436


				10,756,483

Environmental Control — 0.1%
Clean Harbors Inc., 4.88%, 07/15/27 (Call 12/01/23)^(b)		225		209,994
Enviri Corp., 5.75%, 07/31/27 (Call 12/01/23)^(b)		160		135,554
FS Luxembourg Sarl, 10.00%, 12/15/25^(d)		200		204,025
GFL Environmental Inc.
3.50%, 09/01/28 (Call 03/01/28)^(b)		175		150,522
3.75%, 08/01/25 (Call 12/01/23)^(b)		290		275,715
4.00%, 08/01/28 (Call 11/14/23)^(b)		200		172,663
4.25%, 06/01/25 (Call 12/01/23)^(b)		205		197,299
5.13%, 12/15/26 (Call 12/01/23)^(b)		180		171,292
Madison IAQ LLC, 4.13%, 06/30/28 (Call 06/30/24)^(b)		200		167,012
Republic Services Inc.
0.88%, 11/15/25 (Call 10/15/25)		310		280,941
2.90%, 07/01/26 (Call 04/01/26)		20		18,685
3.20%, 03/15/25 (Call 12/15/24)		282		272,067
3.95%, 05/15/28 (Call 02/15/28)		20		18,640
Tervita Corp., 11.00%, 12/01/25 (Call 12/01/23)^(b)(c)		75		78,217
Veralto Corp.
5.35%, 09/18/28 (Call 08/18/28)^(b)		255		247,315
5.50%, 09/18/26 (Call 08/18/26)^(b)		225		222,699
Waste Management Inc.
0.75%, 11/15/25 (Call 10/15/25)		435		396,218
3.13%, 03/01/25 (Call 12/01/24)		390		377,280
3.15%, 11/15/27 (Call 08/15/27)		45		41,179
Waste Pro USA Inc., 5.50%, 02/15/26 (Call 12/01/23)^(b)		190		174,995


				3,812,312

Food — 0.6%
Albertsons Companies Inc./Safeway Inc./New Albertsons LP/Albertsons LLC
3.25%, 03/15/26 (Call 12/01/23)^(b)		260		240,403
4.63%, 01/15/27 (Call 12/01/23)^(b)		455		427,128
5.88%, 02/15/28 (Call 12/01/23)^(b)		275		263,563
6.50%, 02/15/28 (Call 02/15/25)^(b)		240		235,614
7.50%, 03/15/26 (Call 12/01/23)^(b)		201		204,225


Security	Par (000)		Value

Food (continued)
Alsea SAB de CV, 7.75%, 12/14/26 (Call 12/14/23)^(d)	$	200	$	198,369
Aragvi Finance International SR, 8.45%, 04/29/26 (Call 04/29/24)^(d)		50		34,069
B&G Foods Inc.
5.25%, 04/01/25 (Call 12/01/23)		112		107,514
5.25%, 09/15/27 (Call 12/01/23)^(c)		200		164,604
8.00%, 09/15/28 (Call 09/15/25)^(c)		180		175,518
Blossom Joy Ltd., 3.10%, (Call 07/21/25), (5-year CMT + 5.799%)^(a)(d)(e)		200		189,366
Campbell Soup Co.
3.30%, 03/19/25 (Call 12/19/24)		212		203,514
3.95%, 03/15/25 (Call 01/15/25)		437		424,984
4.15%, 03/15/28 (Call 12/15/27)		510		475,089
Cencosud SA
4.38%, 07/17/27 (Call 04/17/27)^(d)		400		366,620
5.15%, 02/12/25 (Call 11/12/24)^(d)		200		197,253
China Mengniu Dairy Co. Ltd., 1.88%, 06/17/25 (Call 05/17/25)^(d)		200		187,030
China Modern Dairy Holdings Ltd., 2.13%, 07/14/26 (Call 06/14/26)^(d)		200		171,649
Chobani LLC/Chobani Finance Corp. Inc., 7.50%, 04/15/25 (Call 11/13/23)^(b)		225		221,800
Conagra Brands Inc.
1.38%, 11/01/27 (Call 09/01/27)		565		469,931
4.60%, 11/01/25 (Call 09/01/25)		489		474,818
5.30%, 10/01/26		175		171,838
Danone SA, 2.95%, 11/02/26 (Call 08/02/26)^(b)		800		741,728
FAGE International SA/FAGE USA Dairy Industry Inc., 5.63%, 08/15/26 (Call 12/01/23)^(b)		40		38,366
General Mills Inc.
3.20%, 02/10/27 (Call 11/10/26)		110		101,539
4.00%, 04/17/25 (Call 02/17/25)		555		540,148
4.20%, 04/17/28 (Call 01/17/28)		55		51,562
5.24%, 11/18/25 (Call 11/18/23)		15		14,844
5.50%, 10/17/28 (Call 09/17/28)		220		216,028
Hershey Co. (The)
0.90%, 06/01/25 (Call 05/01/25)		102		94,840
2.05%, 11/15/24 (Call 10/15/24)		400		385,109
2.30%, 08/15/26 (Call 05/15/26)		25		23,154
3.20%, 08/21/25 (Call 05/21/25)		35		33,729
4.25%, 05/04/28 (Call 04/04/28)		30		28,795
H-Food Holdings LLC/Hearthside Finance Co. Inc.,
8.50%, 06/01/26 (Call 11/13/23)^(b)		120		26,608
J M Smucker Co. (The), 5.90%, 11/15/28 (Call 10/15/28)		250		248,070
JBS USA LUX SA/JBS USA Food Co./JBS USA
Finance Inc.
2.50%, 01/15/27 (Call 12/15/26)		395		346,601
5.13%, 02/01/28 (Call 01/01/28)		620		581,364
JM Smucker Co. (The), 3.50%, 03/15/25		575		556,709
KeHE Distributors LLC/KeHE Finance Corp., 8.63%, 10/15/26 (Call 12/01/23)^(b)		55		55,000
Kellogg Co.
3.25%, 04/01/26		240		226,337
3.40%, 11/15/27 (Call 08/15/27)		120		108,956
4.30%, 05/15/28 (Call 02/15/28)		450		420,078
Kraft Heinz Foods Co.
3.00%, 06/01/26 (Call 03/01/26)		848		792,146
3.88%, 05/15/27 (Call 02/15/27)		517		484,671


Security	Par (000)		Value

Food (continued)
Kroger Co. (The)
2.65%, 10/15/26 (Call 07/15/26)	$	335	$	307,027
3.50%, 02/01/26 (Call 11/01/25)		435		413,718
3.70%, 08/01/27 (Call 05/01/27)		10		9,260
Lamb Weston Holdings Inc., 4.88%, 05/15/28 (Call 11/15/27)^(b)		200		184,273
Land O’Lakes Capital Trust I, 7.45%, 03/15/28^(b)		20		18,579
Mars Inc.
0.88%, 07/16/26 (Call 06/16/26)^(b)		140		124,459
2.70%, 04/01/25 (Call 03/01/25)^(b)		404		387,675
4.55%, 04/20/28 (Call 03/20/28)^(b)		510		490,167
McCormick & Co. Inc./MD
0.90%, 02/15/26 (Call 01/15/26)		405		362,103
3.40%, 08/15/27 (Call 05/15/27)		139		127,241
Mondelez International Holdings Netherlands BV
1.25%, 09/24/26 (Call 08/24/26)^(b)		230		202,546
4.25%, 09/15/25^(b)		290		281,953
Mondelez International Inc.
1.50%, 05/04/25 (Call 04/04/25)		361		338,189
2.63%, 03/17/27 (Call 02/17/27)		347		314,016
NBM U.S. Holdings Inc., 7.00%, 05/14/26 (Call 11/30/23)^(d)		400		396,988
Nestle Holdings Inc.
0.63%, 01/15/26 (Call 12/15/25)^(b)		290		261,183
1.00%, 09/15/27 (Call 07/15/27)^(b)		430		365,744
1.15%, 01/14/27 (Call 12/14/26)^(b)		295		259,364
3.50%, 09/24/25 (Call 07/24/25)^(b)		305		295,029
4.00%, 09/12/25 (Call 08/12/25)^(b)		355		347,460
4.13%, 10/01/27 (Call 09/01/27)^(b)		345		331,184
5.00%, 03/14/28 (Call 02/14/28)^(b)		745		734,699
5.00%, 09/12/28 (Call 08/12/28)^(b)		150		148,435
5.25%, 03/13/26^(b)		520		518,768
Performance Food Group Inc.
5.50%, 10/15/27 (Call 12/01/23)^(b)		375		350,882
6.88%, 05/01/25 (Call 12/01/23)^(b)		100		99,696
Post Holdings Inc.
5.63%, 01/15/28 (Call 11/16/23)^(b)		315		292,579
5.75%, 03/01/27 (Call 11/16/23)^(b)		180		171,717
Sigma Alimentos SA de CV, 4.13%, 05/02/26 (Call 02/02/26)^(d)		400		376,633
Sigma Holdco BV, 7.88%, 05/15/26 (Call 11/13/23)^(b)		170		142,702
Smithfield Foods Inc., 4.25%, 02/01/27 (Call 11/01/26)^(b)		262		240,657
Sysco Corp.
3.25%, 07/15/27 (Call 04/15/27)		107		97,428
3.30%, 07/15/26 (Call 04/15/26)		532		497,425
3.75%, 10/01/25 (Call 07/01/25)		85		81,450
TreeHouse Foods Inc., 4.00%, 09/01/28 (Call 11/16/23)		160		131,426
Tyson Foods Inc.
3.55%, 06/02/27 (Call 03/02/27)		276		254,196
4.00%, 03/01/26 (Call 01/01/26)		492		471,704
U.S. Foods Inc., 6.88%, 09/15/28 (Call 09/15/25)		100		98,199
Ulker Biskuvi Sanayi AS, 6.95%, 10/30/25^(d)		200		186,750
United Natural Foods Inc., 6.75%, 10/15/28 (Call 12/01/23)^(b)		37		28,912
Yili Holding Investment Co., 1.63%, 11/19/25 (Call 10/19/25)^(d)		200		183,312


				22,647,009


Security	Par (000)		Value

Food Service — 0.0%
Aramark Services Inc.
5.00%, 04/01/25 (Call 12/01/23)^(b)	$	220	$	215,263
5.00%, 02/01/28 (Call 12/01/23)^(b)		410		376,065
TKC Holdings Inc., 6.88%, 05/15/28 (Call 05/15/24)^(b)		150		129,441

				720,769

Forest Products & Paper — 0.1%
Celulosa Arauco y Constitucion SA, 3.88%, 11/02/27 (Call 08/02/27)		215		192,483
Georgia-Pacific LLC
0.95%, 05/15/26 (Call 04/15/26)^(b)		45		39,893
1.75%, 09/30/25 (Call 08/30/25)^(b)		459		425,638
2.10%, 04/30/27 (Call 02/28/27)^(b)		165		146,509
3.60%, 03/01/25 (Call 12/01/24)^(b)		467		453,478
Inversiones CMPC SA, 4.38%, 04/04/27^(d)		200		187,269
Mercer International Inc.
5.50%, 01/15/26 (Call 12/01/23)		96		89,574
12.88%, 10/01/28 (Call 10/01/25)^(b)		25		25,259
Suzano Austria GmbH, 5.75%, 07/14/26^(d)		200		195,931
Suzano International Finance BV
4.00%, 01/14/25		252		244,751
5.50%, 01/17/27		353		343,324


				2,344,109

Gas — 0.2%
AmeriGas Partners LP/AmeriGas Finance Corp.
5.50%, 05/20/25 (Call 02/20/25)		240		230,384
5.75%, 05/20/27 (Call 02/20/27)		205		188,342
5.88%, 08/20/26 (Call 05/20/26)		225		210,947
9.38%, 06/01/28 (Call 06/01/25)^(b)		165		163,571
APA Infrastructure Ltd.
4.20%, 03/23/25 (Call 12/23/24)^(b)		725		705,343
4.25%, 07/15/27 (Call 04/15/27)^(b)		70		65,553
Atmos Energy Corp., 3.00%, 06/15/27 (Call 03/15/27)		5		4,588
Beijing Gas Singapore Capital Corp., 1.88%, 01/18/25^(d)		200		190,341
Boston Gas Co., 3.15%, 08/01/27 (Call 05/01/27)^(b)		25		22,348
Brooklyn Union Gas Co. (The)
3.41%, 03/10/26 (Call 12/10/25)^(b)		265		248,633
4.63%, 08/05/27 (Call 07/05/27)^(b)		230		216,266
CenterPoint Energy Resources Corp., 5.25%, 03/01/28 (Call 02/01/28)		355		347,254
East Ohio Gas Co. (The), 1.30%, 06/15/25 (Call 05/15/25)^(b)		398		369,523
Eastern Energy Gas Holdings LLC
3.60%, 12/15/24 (Call 09/15/24)		234		227,401
Series A, 2.50%, 11/15/24 (Call 10/15/24)		305		293,976
ENN Clean Energy International Investment Ltd.,
3.38%, 05/12/26 (Call 05/12/24)^(d)		400		366,700
ENN Energy Holdings Ltd., 4.63%, 05/17/27 (Call 04/17/27)^(d)		400		381,916
KeySpan Gas East Corp., 2.74%, 08/15/26 (Call 05/15/26)^(b)		265		241,470
Korea Gas Corp.
1.13%, 07/13/26^(d)		400		356,001
3.50%, 07/21/25^(d)		200		193,169
3.50%, 07/02/26^(d)		400		379,610
National Fuel Gas Co.
4.75%, 09/01/28 (Call 06/01/28)		10		9,250
5.20%, 07/15/25 (Call 04/15/25)		305		299,765


Security	Par (000)		Value

Gas (continued)
5.50%, 01/15/26 (Call 12/15/25)	$	155	$	151,970
5.50%, 10/01/26		130		127,280
NiSource Inc.
0.95%, 08/15/25 (Call 07/15/25)		772		705,467
3.49%, 05/15/27 (Call 02/15/27)		5		4,600
5.25%, 03/30/28 (Call 02/29/28)		395		383,696
SGSP Australia Assets Pty Ltd., 3.25%, 07/29/26^(d)		200		186,517
Shaoxing City Investment Group Ltd., 2.50%, 08/19/26 (Call 05/19/26)^(d)		400		359,875
Southern California Gas Co.
2.95%, 04/15/27 (Call 03/15/27)		820		747,675
3.20%, 06/15/25 (Call 03/15/25)		75		72,177
Series TT, 2.60%, 06/15/26 (Call 03/15/26)		157		144,958
Southern Co. Gas Capital Corp., 3.25%, 06/15/26 (Call 03/15/26)		295		276,715
Southwest Gas Corp., 5.45%, 03/23/28 (Call 02/23/28)		65		63,468
Talent Yield International Ltd., 2.00%, 05/06/26 (Call 04/26/26)^(d)		200		182,182


				9,118,931

Hand & Machine Tools — 0.0%
Regal Rexnord Corp.
6.05%, 02/15/26^(b)		100		98,343
6.05%, 04/15/28 (Call 03/15/28)^(b)		575		550,341
Stanley Black & Decker Inc.
2.30%, 02/24/25 (Call 11/13/23)		125		119,161
3.40%, 03/01/26 (Call 01/01/26)		175		165,087
4.00%, 03/15/60 (Call 03/15/25), (5-year CMT + 2.657%)^(a)		245		200,239
6.00%, 03/06/28 (Call 02/06/28)		265		264,552
Werner FinCo LP/Werner FinCo Inc., 11.50%, 06/15/28 (Call 06/15/25)^(b)(c)		75		75,706


				1,473,429

Health Care - Products — 0.2%
Abbott Laboratories
1.15%, 01/30/28 (Call 11/30/27)		20		16,939
2.95%, 03/15/25 (Call 12/15/24)		773		747,767
3.75%, 11/30/26 (Call 08/30/26)		190		181,797
3.88%, 09/15/25 (Call 06/15/25)		10		9,732
Agilent Technologies Inc., 3.05%, 09/22/26 (Call 06/22/26)		5		4,637
Alcon Finance Corp., 2.75%, 09/23/26 (Call 07/23/26)^(b)		230		210,279
Avantor Funding Inc., 4.63%, 07/15/28 (Call 12/01/23)^(b)		500		445,932
Bausch & Lomb Escrow Corp., 8.38%, 10/01/28 (Call 10/01/25)^(b)		440		437,294
Baxter International Inc.
1.92%, 02/01/27 (Call 01/01/27)		747		654,616
2.60%, 08/15/26 (Call 05/15/26)		10		9,117
Boston Scientific Corp., 1.90%, 06/01/25 (Call 05/01/25)		434		408,254
Danaher Corp., 3.35%, 09/15/25 (Call 06/15/25)		30		28,806
DH Europe Finance II Sarl, 2.20%, 11/15/24 (Call 10/15/24)		529		509,926
GE HealthCare Technologies Inc.
5.55%, 11/15/24		440		438,115
5.60%, 11/15/25 (Call 10/15/25)		725		720,516
5.65%, 11/15/27 (Call 10/15/27)		575		569,188
HCA Inc., 3.13%, 03/15/27 (Call 02/15/27)		472		425,795


Security	Par (000)		Value

Health Care - Products (continued)
Hologic Inc., 4.63%, 02/01/28 (Call 12/01/23)^(b)	$	70	$	63,919
Medtronic Global Holdings SCA, 4.25%, 03/30/28 (Call 02/29/28)		165		157,112
Olympus Corp., 2.14%, 12/08/26 (Call 11/08/26)^(b)		50		44,554
Stryker Corp.
1.15%, 06/15/25 (Call 05/15/25)		434		403,153
3.38%, 11/01/25 (Call 08/01/25)		521		497,905
3.50%, 03/15/26 (Call 12/15/25)		317		301,516
Teleflex Inc.
4.25%, 06/01/28 (Call 12/01/23)^(b)		125		110,534
4.63%, 11/15/27 (Call 11/16/23)		185		169,875
Thermo Fisher Scientific Inc.
4.80%, 11/21/27 (Call 10/21/27)		374		366,209
4.95%, 08/10/26 (Call 07/10/26)		500		495,079
Varex Imaging Corp., 7.88%, 10/15/27 (Call 12/01/23)^(b)(c)		110		108,321
Zimmer Biomet Holdings Inc.
1.45%, 11/22/24 (Call 11/13/23)		130		123,843
3.05%, 01/15/26 (Call 12/15/25)		457		429,563


				9,090,293

Health Care - Services — 0.7%
Acadia Healthcare Co. Inc., 5.50%, 07/01/28 (Call 12/01/23)^(b)		150		138,634
Aetna Inc., 3.50%, 11/15/24 (Call 08/15/24)		278		271,013
Akumin Escrow Inc., 7.50%, 08/01/28 (Call 08/01/24)^(b)(c)		106		83,831
Akumin Inc., 7.00%, 11/01/25 (Call 12/01/23)^(b)(c)		155		131,847
Catalent Pharma Solutions Inc., 5.00%, 07/15/27 (Call 12/01/23)^(b)		195		174,198
Centene Corp.
2.45%, 07/15/28 (Call 05/15/28)		950		798,957
4.25%, 12/15/27 (Call 11/16/23)		955		878,953
Charles River Laboratories International Inc., 4.25%, 05/01/28 (Call 11/16/23)^(b)		200		177,999
CHS/Community Health Systems Inc.
5.63%, 03/15/27 (Call 12/15/23)^(b)		635		518,766
6.88%, 04/01/28 (Call 11/16/23)^(b)		202		87,012
8.00%, 03/15/26 (Call 12/01/23)^(b)(c)		695		635,748
8.00%, 12/15/27 (Call 11/16/23)^(b)		232		197,089
CommonSpirit Health
1.55%, 10/01/25 (Call 07/01/25)		312		285,979
6.07%, 11/01/27 (Call 08/01/27)		200		199,395
Elevance Health Inc.
1.50%, 03/15/26 (Call 02/15/26)		307		278,055
2.38%, 01/15/25 (Call 12/15/24)		293		281,118
3.35%, 12/01/24 (Call 10/01/24)		315		306,642
3.65%, 12/01/27 (Call 09/01/27)		545		501,994
4.10%, 03/01/28 (Call 12/01/27)		720		672,610
4.90%, 02/08/26 (Call 02/08/24)		275		269,842
5.35%, 10/15/25 (Call 09/15/25)		225		223,287
Encompass Health Corp.
4.50%, 02/01/28 (Call 12/01/23)		295		265,946
5.75%, 09/15/25 (Call 12/01/23)		138		134,652
Fresenius Medical Care U.S. Finance II Inc., 4.75%, 10/15/24 (Call 07/17/24)^(b)		205		200,288
Fresenius Medical Care U.S. Finance III Inc., 1.88%, 12/01/26 (Call 11/01/26)^(b)		105		90,391
Global Medical Response Inc., 6.50%, 10/01/25 (Call 12/01/23)^(b)(h)(i)		190		121,048
HCA Inc.
4.50%, 02/15/27 (Call 08/15/26)		575		543,517


Security	Par (000)		Value

Health Care - Services (continued)
5.20%, 06/01/28 (Call 05/01/28)	$	475	$	452,188
5.25%, 04/15/25		578		569,931
5.25%, 06/15/26 (Call 12/15/25)		576		562,267
5.38%, 02/01/25		935		925,114
5.38%, 09/01/26 (Call 03/01/26)		419		409,744
5.88%, 02/15/26 (Call 08/15/25)		593		587,759
Health Care Service Corp. A Mutual Legal Reserve Co., 1.50%, 06/01/25 (Call 05/01/25)^(b)		282		262,124
Heartland Dental LLC/Heartland Dental
Finance Corp.
8.50%, 05/01/26 (Call 12/01/23)^(b)(c)		115		105,467
10.50%, 04/30/28 (Call 05/15/25)^(b)		215		206,655
Highmark Inc., 1.45%, 05/10/26 (Call 04/10/26)^(b)		306		272,227
Humana Inc.
1.35%, 02/03/27 (Call 01/03/27)		712		617,105
3.95%, 03/15/27 (Call 12/15/26)		70		65,979
4.50%, 04/01/25 (Call 03/01/25)		284		278,957
5.75%, 03/01/28 (Call 02/01/28)		200		199,125
IQVIA Inc.
5.00%, 10/15/26 (Call 12/01/23)^(b)		375		357,543
5.00%, 05/15/27 (Call 12/01/23)^(b)		390		367,683
5.70%, 05/15/28 (Call 04/15/28)^(b)		200		191,801
Laboratory Corp. of America Holdings
1.55%, 06/01/26 (Call 05/01/26)		332		297,195
2.30%, 12/01/24 (Call 11/01/24)		190		182,511
3.60%, 02/01/25 (Call 11/01/24)		441		428,283
3.60%, 09/01/27 (Call 06/01/27)		10		9,301
Legacy LifePoint Health LLC, 4.38%, 02/15/27 (Call 12/01/23)^(b)		205		169,470
ModivCare Inc., 5.88%, 11/15/25 (Call 12/01/23)^(b)		195		185,675
Molina Healthcare Inc., 4.38%, 06/15/28 (Call 12/01/23)^(b)		300		267,830
PeaceHealth Obligated Group, Series 2020, 1.38%, 11/15/25 (Call 08/15/25)		295		268,659
Prime Healthcare Services Inc., 7.25%, 11/01/25 (Call 12/01/23)^(b)		275		251,624
Quest Diagnostics Inc.
3.45%, 06/01/26 (Call 03/01/26)		260		245,036
3.50%, 03/30/25 (Call 12/30/24)		365		351,822
Quorum Health Corp., 11.63%, 04/15/23^(j)		100		—
Radiology Partners Inc., 9.25%, 02/01/28 (Call 12/01/23)^(b)		50		18,614
RegionalCare Hospital Partners Holdings Inc./LifePoint Health Inc., 9.75%, 12/01/26 (Call 12/01/23)^(b)(c)		430		404,939
Roche Holdings Inc.
0.99%, 03/05/26 (Call 02/05/26)^(b)		250		225,908
2.13%, 03/10/25 (Call 02/10/25)^(b)		735		703,678
2.31%, 03/10/27 (Call 02/10/27)^(b)		760		686,774
2.63%, 05/15/26 (Call 02/15/26)^(b)		200		186,672
3.00%, 11/10/25 (Call 08/10/25)^(b)		50		47,782
3.63%, 09/17/28 (Call 06/17/28)^(b)		50		46,312
RP Escrow Issuer LLC, 5.25%, 12/15/25 (Call 12/01/23)^(b)(c)		260		187,809
Select Medical Corp., 6.25%, 08/15/26 (Call 12/01/23)^(b)		435		423,193
SSM Health Care Corp., 4.89%, 06/01/28 (Call 03/01/28)		177		170,975
Surgery Center Holdings Inc.
6.75%, 07/01/25 (Call 12/01/23)^(b)		68		66,562
10.00%, 04/15/27 (Call 12/01/23)^(b)		100		100,162


Security	Par (000)		Value

Health Care - Services (continued)
Sutter Health, Series 20A, 1.32%, 08/15/25 (Call 05/15/25)	$	222	$	203,067
Team Health Holdings Inc., 6.38%, 02/01/25 (Call 11/16/23)^(b)(c)		250		200,377
Tenet Healthcare Corp.
4.63%, 06/15/28 (Call 11/16/23)		200		178,064
4.88%, 01/01/26 (Call 11/16/23)		700		671,558
5.13%, 11/01/27 (Call 11/16/23)		530		489,687
6.13%, 10/01/28 (Call 12/01/23)^(c)		800		740,109
6.25%, 02/01/27 (Call 11/16/23)		530		509,139
U.S. Acute Care Solutions LLC, 6.38%, 03/01/26 (Call 12/01/23)^(b)		245		209,313
UnitedHealth Group Inc.
3.70%, 05/15/27 (Call 04/15/27)		500		471,100
1.15%, 05/15/26 (Call 04/15/26)		467		421,587
1.25%, 01/15/26		228		208,347
2.95%, 10/15/27		315		286,579
3.10%, 03/15/26		177		168,003
3.38%, 04/15/27		45		42,044
3.45%, 01/15/27		153		143,820
3.75%, 07/15/25		606		590,163
3.85%, 06/15/28		720		671,720
5.15%, 10/15/25		405		403,427
5.25%, 02/15/28 (Call 01/15/28)		350		347,571
Universal Health Services Inc., 1.65%, 09/01/26 (Call 08/01/26)		355		312,980
UPMC, Series D-1, 3.60%, 04/03/25		75		72,491

				28,168,412

Holding Companies - Diversified — 0.5%
Amipeace Ltd.
1.50%, 10/22/25^(d)		200		184,172
1.75%, 11/09/26^(d)		200		179,539
2.50%, 12/05/24^(d)		200		192,844
Ares Capital Corp.
2.15%, 07/15/26 (Call 06/15/26)		417		366,247
2.88%, 06/15/27 (Call 05/15/27)		35		30,307
2.88%, 06/15/28 (Call 04/15/28)		210		173,931
3.25%, 07/15/25 (Call 06/15/25)		516		483,919
3.88%, 01/15/26 (Call 12/15/25)		455		425,420
4.25%, 03/01/25 (Call 01/01/25)		299		287,792
7.00%, 01/15/27		150		149,471
Bain Capital Specialty Finance Inc.
2.55%, 10/13/26 (Call 09/13/26)		170		145,995
2.95%, 03/10/26 (Call 02/10/26)		187		166,460
Barings BDC Inc., 3.30%, 11/23/26 (Call 10/13/26)		195		170,703
Benteler International, Class A, 10.50%, 05/15/28 (Call 05/15/25)^(b)		160		161,585
Blackstone Private Credit Fund
2.63%, 12/15/26 (Call 11/15/26)		487		417,020
2.70%, 01/15/25 (Call 11/15/24)		282		267,553
3.25%, 03/15/27 (Call 02/15/27)		390		336,104
4.70%, 03/24/25^(c)		467		451,623
7.05%, 09/29/25		220		219,198
Blackstone Secured Lending Fund
2.13%, 02/15/27 (Call 01/15/27)		215		181,392
2.75%, 09/16/26 (Call 08/19/26)		285		250,035
3.63%, 01/15/26 (Call 12/15/25)		345		318,606
Blue Owl Capital Corp.
2.63%, 01/15/27 (Call 12/15/26)		125		106,695
3.40%, 07/15/26 (Call 06/15/26)		280		249,655
3.75%, 07/22/25 (Call 06/22/25)		247		231,006


Security	Par (000)		Value

Holding Companies - Diversified (continued)
4.00%, 03/30/25 (Call 02/28/25)	$	267	$	253,968
4.25%, 01/15/26 (Call 12/15/25)		264		245,994
Blue Owl Credit Income Corp.
3.13%, 09/23/26 (Call 08/23/26)		65		57,008
4.70%, 02/08/27 (Call 01/08/27)		243		219,529
5.50%, 03/21/25		5		4,836
7.75%, 09/16/27 (Call 08/16/27)		210		206,589
Blue Owl Technology Finance Corp.
2.50%, 01/15/27 (Call 12/15/26)		225		186,996
3.75%, 06/17/26 (Call 05/17/26)^(b)		45		39,888
4.75%, 12/15/25 (Call 11/15/25)^(b)		163		150,913
Bright Galaxy International Ltd., 3.25%, 07/15/26^(d)		200		174,246
Ccthk 2021 Ltd., 2.75%, 01/19/27^(d)		200		180,285
CITIC Ltd.
2.45%, 02/25/25^(d)		400		382,293
2.88%, 02/17/27 (Call 01/17/27)^(d)		200		182,955
3.70%, 06/14/26^(d)		200		189,811
3.88%, 02/28/27^(d)		400		377,693
CK Hutchison International 21 Ltd., 1.50%, 04/15/26 (Call 03/15/26)^(b)		460		416,307
FS KKR Capital Corp.
2.63%, 01/15/27 (Call 12/15/26)		15		12,775
3.13%, 10/12/28 (Call 08/12/28)		100		80,396
3.25%, 07/15/27 (Call 06/15/27)		240		205,669
3.40%, 01/15/26 (Call 12/15/25)		412		376,815
4.13%, 02/01/25 (Call 01/01/25)^(c)		80		77,085
4.25%, 02/14/25 (Call 01/14/25)^(b)		140		134,130
Fund of National Welfare Samruk-Kazyna JSC, 2.00%, 10/28/26 (Call 07/28/26)^(d)		200		177,048
Gaci First Investment Co., 5.00%, 10/13/27 (Call 09/13/27)^(d)		400		387,982
Goldman Sachs BDC Inc.
2.88%, 01/15/26 (Call 12/15/25)		320		294,317
3.75%, 02/10/25 (Call 01/10/25)		201		193,720
Golub Capital BDC Inc.
2.05%, 02/15/27 (Call 01/15/27)		175		147,273
2.50%, 08/24/26 (Call 07/24/26)		250		218,769
Grupo de Inversiones Suramericana SA, 5.50%, 04/29/26^(d)		200		187,897
Guohui International Bvi Co. Ltd., 3.15%, 08/27/25^(d)		400		374,503
Huarong Finance 2017 Co. Ltd.
4.25%, 11/07/27^(d)		200		169,046
4.75%, 04/27/27^(d)		400		348,000
Huarong Finance 2019 Co. Ltd., 3.25%, 11/13/24 (Call 10/13/24)^(d)		200		189,517
Huarong Finance II Co. Ltd.
4.63%, 06/03/26^(d)		400		357,945
4.88%, 11/22/26^(d)		400		354,298
5.00%, 11/19/25^(d)		400		368,971
5.50%, 01/16/25^(d)		400		384,055
Icahn Enterprises LP/Icahn Enterprises Finance Corp.
5.25%, 05/15/27 (Call 11/15/26)		483		413,582
6.25%, 05/15/26 (Call 12/01/23)		410		375,152
6.38%, 12/15/25 (Call 12/01/23)		280		263,476
ICD Funding Ltd., 3.22%, 04/28/26 (Call 03/28/26)^(d)		200		185,518
Khazanah Global Sukuk Bhd, 4.69%, 06/01/28^(d)		200		192,076
KOC Holding AS, 6.50%, 03/11/25 (Call 12/11/24)^(d)		200		197,732


Security	Par (000)		Value

Holding Companies - Diversified (continued)
Main Street Capital Corp., 3.00%, 07/14/26 (Call 06/14/26)	$	247	$	218,527
MDGH GMTN RSC Ltd.
2.50%, 11/07/24 (Call 10/07/24)^(d)		200		192,590
2.50%, 05/21/26 (Call 04/21/26)^(d)		600		554,781
3.00%, 03/28/27 (Call 02/28/27)^(d)		200		182,852
Morgan Stanley Direct Lending Fund, 4.50%, 02/11/27 (Call 01/11/27)		90		82,481
Oaktree Specialty Lending Corp.
2.70%, 01/15/27 (Call 12/15/26)		5		4,273
3.50%, 02/25/25 (Call 01/25/25)		315		299,988
Owl Rock Capital Corp. III, 3.13%, 04/13/27 (Call 03/13/27)		15		12,784
Prospect Capital Corp.
3.36%, 11/15/26 (Call 10/15/26)		70		60,052
3.71%, 01/22/26 (Call 12/22/25)		190		170,896
Rongshi International Finance Ltd.
1.50%, 11/05/25 (Call 10/05/25)^(d)		400		367,749
3.63%, 05/04/27^(d)		200		187,752
Senaat Sukuk Ltd., 4.76%, 12/05/25^(d)		200		196,393
SFG International Holdings Co. Ltd., 2.40%, 06/03/26^(d)		200		179,399
Sixth Street Specialty Lending Inc.
2.50%, 08/01/26 (Call 07/01/26)		40		35,258
3.88%, 11/01/24 (Call 10/01/24)		300		291,181
Stena International SA, 6.13%, 02/01/25 (Call 11/13/23)^(b)		160		157,354
Swire Pacific MTN Financing Ltd., 3.88%, 09/21/25^(d)		200		192,739
Temasek Financial I Ltd., 3.63%, 08/01/28 (Call 05/01/28)^(b)		500		467,825
Yieldking Investment Ltd., 2.80%, 08/18/26^(d)		200		182,944

				20,122,148

Home Builders — 0.1%
Adams Homes Inc.
7.50%, 02/15/25 (Call 11/16/23)^(b)		26		25,409
9.25%, 10/15/28 (Call 10/15/25)^(b)		75		73,254
Ashton Woods USA LLC/Ashton Woods Finance Co., 6.63%, 01/15/28 (Call 12/01/23)^(b)		90		82,422
Beazer Homes USA Inc.
5.88%, 10/15/27 (Call 11/16/23)		140		125,031
6.75%, 03/15/25 (Call 11/16/23)^(c)		80		79,288
Brookfield Residential Properties Inc./Brookfield Residential U.S. LLC, 6.25%, 09/15/27 (Call 12/01/23)^(b)		200		174,956
Century Communities Inc., 6.75%, 06/01/27 (Call 12/01/23)		195		188,165
DR Horton Inc.
1.30%, 10/15/26 (Call 09/15/26)		527		462,431
1.40%, 10/15/27 (Call 08/15/27)		90		75,820
Dream Finders Homes Inc., 8.25%, 08/15/28 (Call 08/15/25)^(b)(c)		110		108,938
Empire Communities Corp., 7.00%, 12/15/25 (Call 12/01/23)^(b)		190		176,688
Forestar Group Inc.
3.85%, 05/15/26 (Call 12/01/23)^(b)		140		125,160
5.00%, 03/01/28 (Call 12/01/23)^(b)		70		61,633
Installed Building Products Inc., 5.75%, 02/01/28 (Call 11/16/23)^(b)		110		99,769
KB Home, 6.88%, 06/15/27 (Call 12/15/26)		130		129,036


Security	Par (000)		Value

Home Builders (continued)
Lennar Corp.
4.75%, 05/30/25 (Call 02/28/25)	$	270	$	264,465
4.75%, 11/29/27 (Call 05/29/27)		588		559,512
5.00%, 06/15/27 (Call 12/15/26)		45		43,422
5.25%, 06/01/26 (Call 12/01/25)		120		117,920
M/I Homes Inc., 4.95%, 02/01/28 (Call 11/16/23)		162		145,315
Mattamy Group Corp., 5.25%, 12/15/27 (Call 12/01/23)^(b)		190		171,123
Meritage Homes Corp.
5.13%, 06/06/27 (Call 12/06/26)		105		99,459
6.00%, 06/01/25 (Call 03/01/25)		62		60,837
New Home Co. Inc. (The), 8.25%, 10/15/27 (Call 10/15/25)^(b)(c)		85		78,497
PulteGroup Inc.
5.00%, 01/15/27 (Call 10/15/26)		65		63,188
5.50%, 03/01/26 (Call 12/01/25)		260		256,961
Shea Homes LP/Shea Homes Funding Corp.,
4.75%, 02/15/28 (Call 12/01/23)		185		163,502
STL Holding Co. LLC, 7.50%, 02/15/26 (Call 11/16/23)^(b)		80		74,960
Taylor Morrison Communities Inc.
5.75%, 01/15/28 (Call 10/15/27)^(b)		175		159,233
5.88%, 06/15/27 (Call 03/15/27)^(b)		195		182,809
Toll Brothers Finance Corp.
4.35%, 02/15/28 (Call 11/15/27)		20		18,367
4.88%, 11/15/25 (Call 08/15/25)		181		175,738
4.88%, 03/15/27 (Call 12/15/26)		274		260,967
Tri Pointe Homes Inc.
5.25%, 06/01/27 (Call 12/01/26)		115		105,084
5.70%, 06/15/28 (Call 12/15/27)		100		89,399
Winnebago Industries Inc., 6.25%, 07/15/28 (Call 12/01/23)^(b)		50		47,055

				5,125,813

Home Furnishings — 0.0%
Harman International Industries Inc., 4.15%, 05/15/25 (Call 02/15/25)		62		60,240
Leggett & Platt Inc.
3.50%, 11/15/27 (Call 08/15/27)		210		188,656
3.80%, 11/15/24 (Call 08/15/24)		24		23,360
TCL Technology Investment, 1.88%, 07/14/25^(d)		212		196,347
Whirlpool Corp., 3.70%, 05/01/25		127		122,731

				591,334

Household Products & Wares — 0.1%
Central Garden & Pet Co., 5.13%, 02/01/28 (Call 12/01/23)^(c)		45		41,702
Church & Dwight Co. Inc., 3.15%, 08/01/27 (Call 05/01/27)		335		307,744
Clorox Co. (The)
3.10%, 10/01/27 (Call 07/01/27)		55		49,788
3.90%, 05/15/28 (Call 02/15/28)		405		372,973
Kimberly-Clark Corp.
1.05%, 09/15/27 (Call 07/15/27)		95		80,741
3.05%, 08/15/25		92		88,215
Kronos Acquisition Holdings Inc./KIK Custom Products Inc.
5.00%, 12/31/26 (Call 12/01/23)^(b)		160		144,871
7.00%, 12/31/27 (Call 12/31/23)^(b)		170		145,136
Reckitt Benckiser Treasury Services PLC, 3.00%, 06/26/27 (Call 03/26/27)^(b)		845		770,196

				2,001,366


Security	Par (000)		Value

Housewares — 0.0%
American Greetings Corp., 8.75%, 04/15/25 (Call 12/01/23)^(b)	$	57	$	56,135
CD&R Smokey Buyer Inc., 6.75%, 07/15/25 (Call 12/01/23)^(b)		255		243,121
Newell Brands Inc.
4.00%, 12/01/24 (Call 09/01/24)		75		72,281
4.88%, 06/01/25 (Call 05/01/25)		185		177,668
5.20%, 04/01/26 (Call 01/01/26)		650		613,309
6.38%, 09/15/27 (Call 06/15/27)^(c)		185		173,267
Scotts Miracle-Gro Co. (The), 5.25%, 12/15/26 (Call 11/16/23)^(c)		90		83,586
Turkiye Sise ve Cam Fabrikalari AS, 6.95%, 03/14/26 (Call 12/14/25)^(d)		200		193,255

				1,612,622

Insurance — 1.3%
Acrisure LLC/Acrisure Finance Inc.
7.00%, 11/15/25 (Call 12/01/23)^(b)		330		320,309
10.13%, 08/01/26 (Call 12/01/23)^(b)		160		161,073
Aegon NV, 5.50%, 04/11/48 (Call 04/11/28), (6-mo. LIBOR US + 3.540%)^(a)		675		613,835
Aflac Inc.
1.13%, 03/15/26 (Call 02/15/26)		80		71,855
2.88%, 10/15/26 (Call 07/15/26)		5		4,617
AIA Group Ltd.
2.70%, (Call 04/07/26), (5-year CMT + 1.758%)^(a)(d)(e)		400		348,076
3.20%, 03/11/25 (Call 12/11/24)^(b)		225		217,624
5.63%, 10/25/27 (Call 09/25/27)^(b)		645		644,252
AIG Global Funding, 0.90%, 09/22/25^(b)		255		231,797
Alliant Holdings Intermediate LLC/Alliant Holdings Co-Issuer
4.25%, 10/15/27 (Call 12/01/23)^(b)		250		219,720
6.75%, 10/15/27 (Call 12/01/23)^(b)		455		415,133
6.75%, 04/15/28 (Call 04/15/25)^(b)		405		385,128
Allied World Assurance Co. Holdings Ltd., 4.35%, 10/29/25 (Call 07/29/25)		315		301,880
Allstate Corp. (The)
0.75%, 12/15/25 (Call 11/15/25)		425		382,982
3.28%, 12/15/26 (Call 09/15/26)		65		60,382
American Equity Investment Life Holding Co., 5.00%, 06/15/27 (Call 03/15/27)		41		37,987
American International Group Inc.
2.50%, 06/30/25 (Call 05/30/25)		376		354,854
3.90%, 04/01/26 (Call 01/01/26)		455		433,512
4.20%, 04/01/28 (Call 01/01/28)		200		185,588
Series A-9, 5.75%, 04/01/48 (Call 04/01/28), (3-mo. LIBOR US + 2.868%)^(a)		100		90,913
Aon Global Ltd.
2.85%, 05/28/27 (Call 04/28/27)		380		343,540
3.88%, 12/15/25 (Call 09/15/25)		275		263,396
Argentum Netherlands BV for Swiss Re Ltd., 5.75%, 08/15/50 (Call 08/15/25), (3-mo. LIBOR US + 3.593%)^(a)(d)		400		384,832
AssuredPartners Inc., 7.00%, 08/15/25 (Call 12/01/23)^(b)		195		191,077
Athene Global Funding
1.45%, 01/08/26^(b)(c)		290		259,564
1.61%, 06/29/26^(b)		250		218,328
1.72%, 01/07/25^(b)		330		310,853
1.73%, 10/02/26^(b)		335		290,758
1.99%, 08/19/28^(b)		5		4,051


Security	Par (000)		Value

Insurance (continued)
2.50%, 01/14/25^(b)	$	293	$	278,251
2.55%, 06/29/25^(b)		102		94,941
2.95%, 11/12/26^(b)		60		53,889
Athene Holding Ltd., 4.13%, 01/12/28 (Call 10/12/27)		750		678,189
AXIS Specialty Finance PLC, 4.00%, 12/06/27 (Call 09/06/27)		5		4,590
Berkshire Hathaway Finance Corp., 2.30%, 03/15/27 (Call 02/15/27)		935		852,349
Berkshire Hathaway Inc., 3.13%, 03/15/26 (Call 12/15/25)		529		504,205
Brighthouse Financial Global Funding
1.55%, 05/24/26^(b)		364		322,016
1.75%, 01/13/25^(b)		425		401,418
China Life Insurance Overseas Co. Ltd., 5.35%, 08/15/33, (5-year CMT + 1.232%)^(a)		400		388,053
China Taiping Insurance Holdings Co. Ltd., 6.40%, (Call 03/09/28), (5-year CMT + 2.072%)^(a)(d)(e)		800		807,175
Chubb INA Holdings Inc.
3.15%, 03/15/25		100		96,497
3.35%, 05/03/26 (Call 02/03/26)		320		303,010
Cloverie PLC for Zurich Insurance Co. Ltd., 5.63%, 06/24/46 (Call 06/24/26), (3-mo. LIBOR US + 4.918%)^(a)(d)		200		192,094
CNA Financial Corp., 3.45%, 08/15/27 (Call 05/15/27)		30		27,462
CNO Financial Group Inc., 5.25%, 05/30/25 (Call 02/28/25)		322		314,616
CNO Global Funding
1.65%, 01/06/25^(b)		285		267,911
1.75%, 10/07/26^(b)		270		236,545
Corebridge Financial Inc.
3.50%, 04/04/25 (Call 03/04/25)		487		468,383
3.65%, 04/05/27 (Call 03/05/27)		660		604,227
6.88%, 12/15/52 (Call 09/15/27), (5-year CMT + 3.846%)^(a)		315		291,635
Corebridge Global Funding, 5.75%, 07/02/26^(b)		205		202,064
Dai-Ichi Life Insurance Co. Ltd. (The), 4.00%, (Call 07/24/26), (3-mo. SOFR + 3.922%)^(a)(b)(e)		1,015		953,220
Enstar Finance LLC
5.50%, 01/15/42 (Call 01/15/27), (5-year CMT + 4.006%)^(a)		190		151,865
5.75%, 09/01/40 (Call 09/01/25), (5-year CMT + 5.468%)^(a)		141		125,267
Equitable Financial Life Global Funding
1.00%, 01/09/26^(b)		20		17,799
1.10%, 11/12/24^(b)		300		285,289
1.30%, 07/12/26^(b)		335		293,392
1.40%, 07/07/25^(b)		135		124,462
1.70%, 11/12/26^(b)		330		287,802
1.80%, 03/08/28^(b)		200		165,279
5.45%, 03/03/28^(b)		500		483,129
5.50%, 12/02/25^(b)		366		360,288
Equitable Holdings Inc.
4.35%, 04/20/28 (Call 01/20/28)		400		366,309
7.00%, 04/01/28		5		5,140
F&G Annuities & Life Inc., 7.40%, 01/13/28 (Call 12/13/27)		100		98,694
F&G Global Funding
1.75%, 06/30/26^(b)		445		390,549
2.00%, 09/20/28^(b)		15		12,009


Security	Par (000)		Value

Insurance (continued)
2.30%, 04/11/27^(b)	$	340	$	292,759
5.15%, 07/07/25^(b)		35		33,990
Fairfax Financial Holdings Ltd., 4.85%, 04/17/28 (Call 01/17/28)		200		188,856
Fidelity & Guaranty Life Holdings Inc., 5.50%, 05/01/25 (Call 02/01/25)^(b)		295		288,178
Fidelity National Financial Inc., 4.50%, 08/15/28 (Call 05/15/28)		20		18,391
First American Financial Corp., 4.60%, 11/15/24		35		34,423
GA Global Funding Trust
1.63%, 01/15/26^(b)		275		245,892
2.25%, 01/06/27^(b)		395		344,865
Global Atlantic Fin Co., 4.70%, 10/15/51 (Call 07/15/26), (5-year CMT + 3.796%)^(a)(b)		255		177,480
Great-West Lifeco U.S. Finance 2020 LP, 0.90%, 08/12/25 (Call 07/12/25)^(b)		226		205,601
GTCR AP Finance Inc., 8.00%, 05/15/27 (Call 12/01/23)^(b)		205		199,357
Guardian Life Global Funding
0.88%, 12/10/25^(b)		120		107,910
1.10%, 06/23/25^(b)		102		94,389
1.25%, 11/19/27^(b)		40		33,644
1.40%, 07/06/27^(b)(c)		20		17,187
3.25%, 03/29/27^(b)		325		298,894
5.55%, 10/28/27^(b)		465		461,604
5.74%, 10/02/28^(b)		100		99,231
Guoren Property & Casualty Insurance Co Ltd., 3.35%, 06/01/26 (Call 03/01/26)^(d)		200		173,118
Hanwha Life Insurance Co. Ltd., 3.38%, 02/04/32 (Call 02/04/27), (5-year CMT + 1.850%)^(a)(d)		400		354,747
High Street Funding Trust I, 4.11%, 02/15/28 (Call 11/15/27)^(b)		60		54,608
Horace Mann Educators Corp., 7.25%, 09/15/28 (Call 08/15/28)		50		49,894
Hub International Ltd., 7.00%, 05/01/26 (Call 11/13/23)^(b)		595		579,755
Jackson Financial Inc., 5.17%, 06/08/27 (Call 05/08/27)^(c)		90		85,812
Jackson National Life Global Funding
3.05%, 04/29/26^(b)		20		18,360
3.88%, 06/11/25^(b)		235		224,114
5.25%, 04/12/28^(b)		150		138,465
5.50%, 01/09/26^(b)		225		220,534
Kyobo Life Insurance Co. Ltd., 5.90%, 06/15/52 (Call 06/15/27), (5-year CMT + 2.887%)^(a)(d)		200		192,129
Legal & General Group PLC, 5.25%, 03/21/47 (Call 03/21/27), (5-year USD Swap + 3.697%)^(a)(d)		600		552,058
Liberty Mutual Group Inc., 4.13%, 12/15/51 (Call 09/15/26), (5-year CMT + 3.315%)^(a)(b)		175		139,292
Lincoln National Corp.
3.35%, 03/09/25^(c)		261		250,946
3.63%, 12/12/26 (Call 09/15/26)^(c)		90		81,932
3.80%, 03/01/28 (Call 12/01/27)^(c)		110		98,057
Loews Corp., 3.75%, 04/01/26 (Call 01/01/26)		214		204,627
Manulife Financial Corp.
4.06%, 02/24/32 (Call 02/24/27), (5-year USD ICE Swap + 1.647%)^(a)		427		385,298
4.15%, 03/04/26		333		320,404


Security	Par (000)		Value

Insurance (continued)
Marsh & McLennan Companies Inc.
3.50%, 03/10/25 (Call 12/10/24)	$	140	$	135,698
3.75%, 03/14/26 (Call 12/14/25)		20		19,128
MassMutual Global Funding II
1.20%, 07/16/26^(b)		60		53,178
2.80%, 03/21/25^(b)		300		288,166
2.95%, 01/11/25^(b)		380		367,650
4.15%, 08/26/25^(b)		228		221,859
4.50%, 04/10/26^(b)		200		194,488
5.05%, 12/07/27^(b)		440		428,089
5.05%, 06/14/28^(b)		200		193,044
Meiji Yasuda Life Insurance Co., 5.10%, 04/26/48 (Call 04/26/28), (5-year USD ICE Swap + 3.150%)^(a)(b)		715		678,200
Mercury General Corp., 4.40%, 03/15/27 (Call 12/15/26)		40		36,768
Met Tower Global Funding
1.25%, 09/14/26^(b)		365		320,674
3.70%, 06/13/25^(b)		235		226,482
5.40%, 06/20/26^(b)		150		148,291
MetLife Inc., 3.00%, 03/01/25		280		269,250
Metropolitan Life Global Funding I
0.95%, 07/02/25^(b)		254		234,010
2.80%, 03/21/25^(b)(c)		330		317,173
4.05%, 08/25/25^(b)		160		154,984
4.40%, 06/30/27^(b)		555		525,291
5.00%, 01/06/26^(b)		265		260,929
5.05%, 01/06/28^(b)		550		532,580
5.40%, 09/12/28^(b)		150		146,208
MGIC Investment Corp., 5.25%, 08/15/28 (Call 11/16/23)		200		184,606
Muang Thai Life Assurance PCL, 3.55%, 01/27/37 (Call 10/27/26), (10-year CMT + 2.400%)^(a)(d)		200		176,855
Mutual of Omaha Cos Global Funding, 5.80%, 07/27/26^(b)		100		99,647
New York Life Global Funding
0.85%, 01/15/26^(b)		135		121,559
0.95%, 06/24/25^(b)		268		247,739
1.15%, 06/09/26^(b)		365		324,089
1.45%, 01/14/25^(b)		175		166,167
2.00%, 01/22/25^(b)		130		124,361
3.00%, 01/10/28^(b)		300		268,769
3.25%, 04/07/27^(b)		440		407,558
3.60%, 08/05/25^(b)		192		185,697
4.70%, 04/02/26^(b)		415		405,737
4.85%, 01/09/28^(b)		385		371,769
4.90%, 06/13/28^(b)		110		105,818
5.45%, 09/18/26^(b)		175		173,965
NMI Holdings Inc., 7.38%, 06/01/25 (Call 03/30/25)^(b)		166		166,305
Northwestern Mutual Global Funding
0.80%, 01/14/26^(b)		50		44,871
1.75%, 01/11/27^(b)		497		435,962
4.00%, 07/01/25^(b)		204		198,276
4.35%, 09/15/27^(b)		60		57,032
4.70%, 04/06/26^(b)		330		320,512
4.90%, 06/12/28^(b)		120		115,094
Old Republic International Corp., 3.88%, 08/26/26 (Call 07/26/26)		90		84,715
Pacific Life Global Funding II
1.20%, 06/24/25^(b)		15		13,906


Security	Par (000)		Value

Insurance (continued)
1.38%, 04/14/26^(b)	$	245	$	220,456
1.60%, 09/21/28^(b)		10		8,064
5.50%, 08/28/26^(b)		100		99,213
5.50%, 07/18/28^(b)		1,085		1,060,692
Phoenix Group Holdings PLC, 4.75%, 09/04/31 (Call 06/04/26), (5-year CMT + 4.276%)^(a)(d)		200		181,545
Pricoa Global Funding I
0.80%, 09/01/25^(b)		370		338,698
1.15%, 12/06/24^(b)		185		175,347
1.20%, 09/01/26^(b)		560		492,677
4.20%, 08/28/25^(b)		370		360,093
5.10%, 05/30/28^(b)		550		534,202
5.55%, 08/28/26^(b)		150		149,148
Principal Financial Group Inc., 3.40%, 05/15/25 (Call 02/15/25)		45		43,191
Principal Life Global Funding, 1.38%, 01/10/25^(b)		135		127,892
Principal Life Global Funding II
0.88%, 01/12/26^(b)		360		321,944
1.25%, 06/23/25^(b)		335		309,998
1.25%, 08/16/26^(b)		325		285,275
1.50%, 11/17/26^(b)		380		333,098
2.25%, 11/21/24^(b)		280		267,399
3.00%, 04/18/26^(b)		405		375,770
5.50%, 06/28/28^(b)		270		261,231
Progressive Corp. (The)
2.45%, 01/15/27		5		4,531
2.50%, 03/15/27 (Call 02/15/27)		305		275,439
Protective Life Global Funding
1.17%, 07/15/25^(b)		300		276,173
1.30%, 09/20/26^(b)		220		192,414
1.62%, 04/15/26^(b)		250		223,429
3.22%, 03/28/25^(b)		195		187,554
4.71%, 07/06/27^(b)		260		248,757
5.21%, 04/14/26^(b)		225		219,423
5.37%, 01/06/26^(b)		385		381,355
Prudential Financial Inc.
3.88%, 03/27/28 (Call 12/27/27)		500		464,937
4.50%, 09/15/47 (Call 09/15/27), (3-mo. LIBOR US + 2.380%)^(a)		10		8,789
5.38%, 05/15/45 (Call 05/15/25), (3-mo. LIBOR US + 3.031%)^(a)		360		342,904
5.70%, 09/15/48 (Call 09/15/28), (3-mo. LIBOR US + 2.665%)^(a)		15		13,458
Prudential Insurance Co. of America (The), 8.30%, 07/01/25^(b)		240		245,753
QBE Insurance Group Ltd.
5.25%, (Call 05/16/25), (5-year CMT + 3.047%)^(a)(d)(e)		200		185,192
5.88%, (Call 05/12/25), (5-year CMT + 5.513%)^(a)(b)(c)(e)		200		190,865
Reinsurance Group of America Inc., 3.95%, 09/15/26 (Call 06/15/26)		5		4,724
Reliance Standard Life Global Funding II
1.51%, 09/28/26^(b)		425		368,726
2.75%, 05/07/25^(b)		25		23,565
2.75%, 01/21/27^(b)		110		97,327
6.15%, 06/29/28^(b)		100		97,438
RGA Global Funding, 2.00%, 11/30/26^(b)		15		13,201
Sagicor Financial Co. Ltd., 5.30%, 05/13/28 (Call 05/13/24)^(b)		200		186,135


Security	Par (000)		Value

Insurance (continued)
Sammons Financial Group Inc., 4.45%, 05/12/27 (Call 02/12/27)^(b)	$	50	$	45,593
SBL Holdings Inc., 5.13%, 11/13/26 (Call 09/13/26)^(b)(c)		217		197,154
Sirius International Group Ltd., 4.60%, 11/01/26 (Call 08/01/26)^(b)		75		65,197
Sumitomo Life Insurance Co., 4.00%, 09/14/77 (Call 09/14/27), (3-mo. LIBOR US + 2.993%)^(a)(b)		580		528,197
Teachers Insurance & Annuity Association of America, 4.38%, 09/15/54 (Call 09/15/24), (3-mo. LIBOR US + 2.661%)^(a)(b)		270		263,438
Tongyang Life Insurance Co. Ltd., 5.25%, (Call 09/22/25), (5-year CMT + 4.981%)^(a)(d)(e)		200		172,334
Trinity Acquisition PLC, 4.40%, 03/15/26 (Call 12/15/25)		160		153,488
USI Inc./NY, 6.88%, 05/01/25 (Call 12/01/23)^(b)		197		195,300
Vigorous Champion International Ltd., 2.75%, 06/02/25^(d)		400		375,698
Willis North America Inc., 4.65%, 06/15/27 (Call 05/15/27)		507		482,480
Willow No. 2 Ireland PLC for Zurich Insurance Co. Ltd., 4.25%, 10/01/45 (Call 10/01/25), (3-mo. LIBOR US + 3.177%)^(a)(d)		400		370,144
ZhongAn Online P&C Insurance Co. Ltd.
3.13%, 07/16/25 (Call 04/16/25)^(d)		200		176,773
3.50%, 03/08/26 (Call 12/08/25)^(d)		200		171,801

				50,473,498

Internet — 0.6%
Acuris Finance Us Inc./Acuris Finance SARL, 5.00%, 05/01/28 (Call 05/01/24)^(b)		120		94,489
Alibaba Group Holding Ltd.
3.40%, 12/06/27 (Call 09/06/27)		990		904,553
3.60%, 11/28/24 (Call 08/28/24)		950		926,495
Alphabet Inc.
0.45%, 08/15/25 (Call 07/15/25)		621		571,807
0.80%, 08/15/27 (Call 06/15/27)		145		124,139
2.00%, 08/15/26 (Call 05/15/26)		130		119,523
Amazon.com Inc.
0.80%, 06/03/25 (Call 05/03/25)		151		140,599
1.00%, 05/12/26 (Call 04/12/26)		981		882,359
1.20%, 06/03/27 (Call 04/03/27)		502		435,028
1.65%, 05/12/28 (Call 03/12/28)		10		8,537
3.00%, 04/13/25		776		750,714
3.15%, 08/22/27 (Call 05/22/27)		1,315		1,216,733
3.30%, 04/13/27 (Call 03/13/27)		808		757,050
3.80%, 12/05/24 (Call 09/05/24)		460		451,965
4.55%, 12/01/27 (Call 11/01/27)		865		841,568
4.60%, 12/01/25		495		488,907
4.70%, 11/29/24		180		178,562
5.20%, 12/03/25 (Call 09/03/25)		397		396,406
ANGI Group LLC, 3.88%, 08/15/28 (Call 11/13/23)^(b)(c)		165		124,011
Arches Buyer Inc., 4.25%, 06/01/28 (Call 12/01/23)^(b)		300		248,417
Baidu Inc.
1.63%, 02/23/27 (Call 01/23/27)		200		174,546
1.72%, 04/09/26 (Call 03/09/26)		235		213,328
3.08%, 04/07/25 (Call 03/07/25)^(c)		315		302,725
3.63%, 07/06/27		50		46,223
4.13%, 06/30/25		240		233,084


Security	Par (000)		Value

Internet (continued)
Booking Holdings Inc.
3.60%, 06/01/26 (Call 03/01/26)	$	10	$	9,521
3.65%, 03/15/25 (Call 12/15/24)		405		394,273
Cablevision Lightpath LLC
3.88%, 09/15/27 (Call 11/13/23)^(b)		165		134,598
5.63%, 09/15/28 (Call 11/13/23)^(b)		200		150,001
Cogent Communications Group Inc.
3.50%, 05/01/26 (Call 02/01/26)^(b)		195		177,748
7.00%, 06/15/27 (Call 06/15/24)^(b)		170		162,536
eBay Inc.
1.40%, 05/10/26 (Call 04/10/26)		477		427,380
1.90%, 03/11/25 (Call 02/11/25)		515		488,014
3.60%, 06/05/27 (Call 03/05/27)		131		120,995
EquipmentShare.com Inc., 9.00%, 05/15/28 (Call 05/15/25)^(b)		350		331,165
Expedia Group Inc.
3.80%, 02/15/28 (Call 11/15/27)		390		352,955
4.63%, 08/01/27 (Call 05/01/27)		251		237,541
5.00%, 02/15/26 (Call 11/15/25)		180		175,955
6.25%, 05/01/25 (Call 02/01/25)^(b)		516		515,516
Gen Digital Inc., 5.00%, 04/15/25 (Call 11/13/23)^(b)		390		379,328
Getty Images Inc., 9.75%, 03/01/27 (Call 11/16/23)^(b)		110		108,663
Go Daddy Operating Co. LLC/GD Finance Co. Inc., 5.25%, 12/01/27 (Call 12/01/23)^(b)		225		212,392
GrubHub Holdings Inc., 5.50%, 07/01/27 (Call 11/13/23)^(b)		160		118,040
ION Trading Technologies Sarl, 5.75%, 05/15/28 (Call 05/15/24)^(b)		150		124,489
JD.com Inc., 3.88%, 04/29/26		240		229,222
Match Group Holdings II LLC
4.63%, 06/01/28 (Call 12/01/23)^(b)		93		83,481
5.00%, 12/15/27 (Call 12/01/23)^(b)		185		170,806
Meituan, 2.13%, 10/28/25 (Call 09/28/25)^(d)		400		368,822
Meta Platforms Inc.
3.50%, 08/15/27 (Call 07/15/27)		1,235		1,161,463
4.60%, 05/15/28 (Call 04/15/28)		265		256,868
Millennium Escrow Corp., 6.63%, 08/01/26 (Call 12/01/23)^(b)		255		189,442
NAVER Corp., 1.50%, 03/29/26^(d)		400		361,461
Netflix Inc.
3.63%, 06/15/25 (Call 03/15/25)^(b)		215		207,373
4.38%, 11/15/26		410		394,693
4.88%, 04/15/28		695		669,183
5.88%, 02/15/25		330		330,039
Newfold Digital Holdings Group Inc., 11.75%, 10/15/28 (Call 10/15/25)^(b)		125		126,283
Northwest Fiber LLC/Northwest Fiber Finance Sub Inc.
4.75%, 04/30/27 (Call 12/01/23)^(b)		120		107,339
6.00%, 02/15/28 (Call 02/15/24)^(b)		50		41,446
10.75%, 06/01/28 (Call 12/01/23)^(b)(c)		75		71,558
NortonLifeLock Inc., 6.75%, 09/30/27 (Call 09/30/24)^(b)		320		311,788
Prosus NV
3.26%, 01/19/27 (Call 12/19/26)^(d)		400		352,747
4.85%, 07/06/27 (Call 04/06/27)^(d)		200		183,957
Rakuten Group Inc.
5.13%, (Call 04/22/26), (5-year CMT + 4.578%)^(a)(b)(e)		220		160,450
10.25%, 11/30/24 (Call 11/28/23)^(b)		285		288,710


Security	Par (000)		Value

Internet (continued)
Tencent Holdings Ltd.
1.81%, 01/26/26 (Call 12/26/25)^(d)	$	600	$	551,216
3.58%, 04/11/26 (Call 02/11/26)^(c)(d)		200		190,251
3.60%, 01/19/28 (Call 10/19/27)^(d)		600		548,008
3.80%, 02/11/25^(c)(d)		400		390,063
Tencent Music Entertainment Group, 1.38%, 09/03/25 (Call 08/03/25)		235		215,816
TripAdvisor Inc., 7.00%, 07/15/25 (Call 11/13/23)^(b)		195		193,676
Uber Technologies Inc.
6.25%, 01/15/28 (Call 11/13/23)^(b)		200		192,767
7.50%, 05/15/25 (Call 12/01/23)^(b)		344		344,755
7.50%, 09/15/27 (Call 11/21/23)^(b)		425		426,191
8.00%, 11/01/26 (Call 12/01/23)^(b)		530		533,987
VeriSign Inc.
4.75%, 07/15/27 (Call 12/01/23)		65		61,884
5.25%, 04/01/25 (Call 01/01/25)		360		355,795

				25,324,418

Iron & Steel — 0.2%
ABJA Investment Co. Pte Ltd., 5.45%, 01/24/28^(d)		400		386,012
Allegheny Ludlum LLC, 6.95%, 12/15/25		55		54,757
Allegheny Technologies Inc., 5.88%, 12/01/27 (Call 12/01/23)		150		139,358
ArcelorMittal SA
4.55%, 03/11/26		232		225,967
6.55%, 11/29/27 (Call 10/29/27)		502		504,159
Baffinland Iron Mines Corp./Baffinland Iron Mines LP, 8.75%, 07/15/26 (Call 12/01/23)^(b)		210		202,090
Carpenter Technology Corp., 6.38%, 07/15/28 (Call 12/01/23)		125		118,756
Cleveland-Cliffs Inc.
5.88%, 06/01/27 (Call 12/01/23)^(c)		220		209,836
6.75%, 03/15/26 (Call 12/01/23)^(b)		305		303,817
CSN Inova Ventures, 6.75%, 01/28/28 (Call 01/28/24)^(d)		400		365,452
Gerdau Trade Inc., 4.88%, 10/24/27^(d)		200		188,880
Infrabuild Australia Pty Ltd., 12.00%, 10/01/24 (Call 12/01/23)^(b)		139		136,974
Mineral Resources Ltd.
8.00%, 11/01/27 (Call 11/01/24)^(b)		250		242,291
8.13%, 05/01/27 (Call 12/01/23)^(b)		225		218,580
9.25%, 10/01/28 (Call 10/01/25)^(b)		135		134,775
Nucor Corp.
2.00%, 06/01/25 (Call 05/01/25)		291		273,962
3.95%, 05/23/25		295		286,482
3.95%, 05/01/28 (Call 02/01/28)		20		18,595
4.30%, 05/23/27 (Call 04/23/27)		320		305,340
Periama Holdings LLC/DE, 5.95%, 04/19/26^(d)		400		375,785
POSCO
2.50%, 01/17/25^(d)		200		191,913
4.38%, 08/04/25^(d)		400		388,951
4.50%, 08/04/27^(d)		204		193,264
5.75%, 01/17/28^(d)		385		379,306
Reliance Steel & Aluminum Co., 1.30%, 08/15/25 (Call 07/15/25)		277		254,651
Steel Dynamics Inc.
2.40%, 06/15/25 (Call 05/15/25)		250		235,499
2.80%, 12/15/24 (Call 11/15/24)		270		260,257
5.00%, 12/15/26 (Call 12/01/23)		15		14,542


Security	Par (000)		Value

Iron & Steel (continued)
Usiminas International Sarl, 5.88%, 07/18/26 (Call 11/30/23)^(d)	$	200	$	188,682

				6,798,933

Leisure Time — 0.2%
Acushnet Co., 7.38%, 10/15/28 (Call 10/15/25)^(b)		30		30,062
Carnival Corp.
4.00%, 08/01/28 (Call 05/01/28)^(b)		795		691,975
5.75%, 03/01/27 (Call 12/01/26)^(b)		1,125		1,004,107
6.65%, 01/15/28		65		55,013
7.63%, 03/01/26 (Call 03/01/24)^(b)(c)		490		476,033
9.88%, 08/01/27 (Call 02/01/24)^(b)		320		333,459
Carnival Holdings Bermuda Ltd., 10.38%, 05/01/28 (Call 05/01/25)^(b)		600		639,774
Carnival PLC, 7.88%, 06/01/27		60		61,101
Constellation Merger Sub Inc., 8.50%, 09/15/25 (Call 12/01/23)^(b)		155		131,378
Harley-Davidson Financial Services Inc.
3.05%, 02/14/27 (Call 01/14/27)^(b)		95		83,912
3.35%, 06/08/25 (Call 05/08/25)^(b)		402		382,319
6.50%, 03/10/28 (Call 02/10/28)^(b)		130		127,034
Harley-Davidson Inc., 3.50%, 07/28/25 (Call 04/28/25)		10		9,505
King Power Capital Ltd., 5.63%, 11/03/24^(d)		200		199,274
Life Time Inc.
5.75%, 01/15/26 (Call 12/01/23)^(b)		327		316,869
8.00%, 04/15/26 (Call 12/01/23)^(b)		182		177,650
Lindblad Expeditions Holdings Inc., 9.00%, 05/15/28 (Call 05/15/25)^(b)		100		97,760
Lindblad Expeditions LLC, 6.75%, 02/15/27 (Call 02/15/24)^(b)(c)		145		131,697
NCL Corp. Ltd.
3.63%, 12/15/24 (Call 11/14/23)^(b)		225		212,836
5.88%, 03/15/26 (Call 12/15/25)^(b)		477		428,882
5.88%, 02/15/27 (Call 02/15/24)^(b)		355		326,780
8.38%, 02/01/28 (Call 02/01/25)^(b)		220		217,388
NCL Finance Ltd., 6.13%, 03/15/28 (Call 12/15/27)^(b)		190		158,746
Royal Caribbean Cruises Ltd.
3.70%, 03/15/28 (Call 12/15/27)		100		85,243
4.25%, 07/01/26 (Call 01/01/26)^(b)		245		225,451
5.38%, 07/15/27 (Call 10/15/26)^(b)		355		327,193
5.50%, 08/31/26 (Call 02/28/26)^(b)		355		335,551
5.50%, 04/01/28 (Call 10/01/27)^(b)		495		451,385
7.50%, 10/15/27		130		128,017
11.50%, 06/01/25 (Call 11/07/23)^(b)		194		205,196
11.63%, 08/15/27 (Call 08/15/24)^(b)		445		482,694
Sunny Express Enterprises Corp.
2.63%, 04/23/25^(d)		200		190,702
2.95%, 03/01/27^(d)		200		183,746
Viking Cruises Ltd.
5.88%, 09/15/27 (Call 12/01/23)^(b)		270		243,162
6.25%, 05/15/25 (Call 12/01/23)^(b)		93		90,869
VOC Escrow Ltd., 5.00%, 02/15/28
(Call 12/01/23)^(b)		245		220,453

				9,463,216

Lodging — 0.3%
Boyd Gaming Corp., 4.75%, 12/01/27 (Call 11/13/23)		355		323,807
Fortune Star BVI Ltd.
5.00%, 05/18/26 (Call 05/18/24)^(d)		400		264,812


Security	Par (000)		Value

Lodging (continued)
5.95%, 10/19/25 (Call 11/30/23)^(d)	$	200	$	149,240
Full House Resorts Inc., 8.25%, 02/15/28 (Call 02/15/24)^(b)(c)		140		117,942
Genting New York LLC, 3.30%, 02/15/26 (Call 01/15/26)^(b)		230		205,769
Gohl Capital Ltd., 4.25%, 01/24/27^(d)		600		550,669
Hilton Domestic Operating Co. Inc.
5.38%, 05/01/25 (Call 11/13/23)^(b)		185		182,055
5.75%, 05/01/28 (Call 12/01/23)^(b)		150		143,875
Hilton Worldwide Finance LLC/Hilton Worldwide Finance Corp., 4.88%, 04/01/27 (Call 11/16/23)		215		203,032
Hyatt Hotels Corp.
4.85%, 03/15/26 (Call 12/15/25)		218		211,854
5.38%, 04/23/25 (Call 03/23/25)		294		290,224
Las Vegas Sands Corp.
2.90%, 06/25/25 (Call 05/25/25)		207		195,407
3.50%, 08/18/26 (Call 06/18/26)		355		326,576
Marriott International Inc./MD
3.75%, 03/15/25 (Call 12/15/24)		136		131,926
3.75%, 10/01/25 (Call 07/01/25)		102		97,947
5.00%, 10/15/27 (Call 09/15/27)		1,035		999,449
5.45%, 09/15/26 (Call 08/15/26)		50		49,363
5.55%, 10/15/28 (Call 09/15/28)		175		170,469
Series EE, 5.75%, 05/01/25 (Call 04/01/25)		371		369,742
Series R, 3.13%, 06/15/26 (Call 03/15/26)		50		46,665
Series X, 4.00%, 04/15/28 (Call 01/15/28)		10		9,190
Marriott Ownership Resorts Inc., 4.75%, 01/15/28 (Call 12/01/23)		45		39,021
Melco Resorts Finance Ltd.
4.88%, 06/06/25 (Call 11/30/23)^(d)		355		335,090
5.25%, 04/26/26 (Call 11/30/23)^(d)		200		183,490
5.75%, 07/21/28 (Call 12/01/23)^(b)		250		211,418
MGM China Holdings Ltd.
4.75%, 02/01/27 (Call 02/01/24)^(b)		260		228,303
5.25%, 06/18/25 (Call 11/14/23)^(b)		200		190,128
5.88%, 05/15/26 (Call 11/14/23)^(b)(c)		260		249,377
MGM Resorts International
4.63%, 09/01/26 (Call 06/01/26)		150		139,300
4.75%, 10/15/28 (Call 07/15/28)		225		196,416
5.50%, 04/15/27 (Call 01/15/27)		230		214,769
5.75%, 06/15/25 (Call 03/15/25)		255		249,486
6.75%, 05/01/25 (Call 12/01/23)		270		268,478
Minor International PCL, 2.70%, (Call 04/19/26), (5-year CMT + 7.918%)^(a)(d)(e)		200		181,000
Sands China Ltd.
2.55%, 03/08/27 (Call 02/08/27)		250		213,147
4.30%, 01/08/26 (Call 12/08/25)		295		273,735
5.38%, 08/08/25 (Call 06/08/25)		636		614,969
5.65%, 08/08/28 (Call 05/08/28)		200		184,717
Station Casinos LLC, 4.50%, 02/15/28 (Call 12/01/23)^(b)		220		190,089
Studio City Co. Ltd., 7.00%, 02/15/27 (Call 02/15/24)^(b)		150		139,850
Studio City Finance Ltd.
6.00%, 07/15/25 (Call 12/01/23)^(b)		190		179,068
6.50%, 01/15/28 (Call 12/01/23)^(b)		180		147,284
Sugarhouse HSP Gaming Prop Mezz LP/Sugarhouse HSP Gaming Finance Corp., 5.88%, 05/15/25 (Call 12/01/23)^(b)		120		115,345
Travel + Leisure Co.
6.00%, 04/01/27 (Call 01/01/27)		130		121,359


Security	Par (000)		Value

Lodging (continued)
6.60%, 10/01/25 (Call 07/01/25)	$	133	$	130,642
6.63%, 07/31/26 (Call 04/30/26)^(b)		230		223,881
Wyndham Hotels & Resorts Inc., 4.38%, 08/15/28 (Call 12/01/23)^(b)		175		154,493
Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp.
5.25%, 05/15/27 (Call 02/15/27)^(b)(c)		318		294,228
5.50%, 03/01/25 (Call 12/01/24)^(b)		265		260,057
Wynn Macau Ltd.
5.50%, 01/15/26 (Call 12/01/23)^(b)		355		328,784
5.50%, 10/01/27 (Call 12/01/23)^(b)		270		235,012
5.63%, 08/26/28 (Call 11/14/23)^(b)		450		377,799

				11,910,748

Machinery — 0.4%
ABB Finance USA Inc., 3.80%, 04/03/28 (Call 01/03/28)		5		4,708
BWX Technologies Inc., 4.13%, 06/30/28 (Call 12/01/23)^(b)		125		110,460
Caterpillar Financial Services Corp.
0.80%, 11/13/25		514		468,093
0.90%, 03/02/26		30		27,050
1.15%, 09/14/26		264		234,538
1.45%, 05/15/25		262		246,573
1.70%, 01/08/27		315		281,430
2.15%, 11/08/24		482		465,788
2.40%, 08/09/26		10		9,240
3.25%, 12/01/24		105		102,450
3.40%, 05/13/25		70		67,832
3.60%, 08/12/27		535		501,374
3.65%, 08/12/25		435		421,399
4.35%, 05/15/26		490		477,680
4.80%, 01/06/26		470		463,582
4.90%, 01/17/25		480		477,175
5.15%, 08/11/25		460		457,348
CNH Industrial Capital LLC
1.45%, 07/15/26 (Call 06/15/26)		300		267,501
1.88%, 01/15/26 (Call 12/15/25)		140		128,474
3.95%, 05/23/25		139		134,754
4.55%, 04/10/28 (Call 03/10/28)		525		493,222
5.45%, 10/14/25		271		268,802
CNH Industrial NV, 3.85%, 11/15/27 (Call 08/15/27)		20		18,432
Deere & Co., 2.75%, 04/15/25 (Call 03/15/25)		232		223,126
Dover Corp., 3.15%, 11/15/25 (Call 08/15/25)		55		52,315
Husky III Holding Ltd. , 13.00%, 02/15/25 (Call 11/13/23), (13.75% PIK)^(b)(c)(f)		170		164,258
John Deere Capital Corp.
0.70%, 01/15/26		791		713,011
1.05%, 06/17/26		590		527,313
1.25%, 01/10/25		447		425,258
1.30%, 10/13/26		310		276,812
1.70%, 01/11/27		15		13,333
1.75%, 03/09/27		5		4,428
2.05%, 01/09/25		483		464,049
2.13%, 03/07/25		275		262,842
2.35%, 03/08/27^(c)		455		411,083
2.65%, 06/10/26		5		4,670
3.40%, 06/06/25		265		256,703
3.45%, 03/13/25		332		323,308
4.05%, 09/08/25		340		332,006
4.15%, 09/15/27		385		368,287
4.75%, 06/08/26		210		206,706


Security	Par (000)		Value

Machinery (continued)
4.75%, 01/20/28	$	465	$	451,717
4.80%, 01/09/26		275		271,413
4.90%, 03/03/28		11		10,772
4.95%, 06/06/25		115		114,191
4.95%, 07/14/28		545		531,732
JPW Industries Holding Corp., 9.00%, 10/01/24 (Call 11/18/23)^(b)		80		77,168
Manitowoc Co. Inc. (The), 9.00%, 04/01/26 (Call 11/16/23)^(b)		110		108,188
nVent Finance Sarl, 4.55%, 04/15/28 (Call 01/15/28)		100		92,848
Otis Worldwide Corp.
2.06%, 04/05/25 (Call 03/05/25)		749		709,914
2.29%, 04/05/27 (Call 02/05/27)		75		66,825
5.25%, 08/16/28 (Call 07/16/28)		105		102,157
Rockwell Automation Inc., 2.88%, 03/01/25 (Call 12/01/24)		102		98,507
Shanghai Electric Group Global Investment Ltd.
2.30%, 02/21/25 (Call 11/21/24)^(d)		200		188,618
2.65%, 11/21/24 (Call 08/21/24)^(d)		200		191,627
Titan Acquisition Ltd./Titan Co-Borrower LLC, 7.75%, 04/15/26 (Call 12/01/23)^(b)		240		224,894
TK Elevator Holdco GmbH, 7.63%, 07/15/28 (Call 12/01/23)^(b)		150		136,460
TK Elevator U.S. Newco Inc., 5.25%, 07/15/27 (Call 12/01/23)^(b)		555		505,237
Weir Group PLC (The), 2.20%, 05/13/26 (Call 04/13/26)^(b)		295		264,976
Westinghouse Air Brake Technologies Corp.
3.20%, 06/15/25 (Call 05/15/25)		346		329,377
3.45%, 11/15/26 (Call 08/15/26)		496		460,127
4.70%, 09/15/28 (Call 06/15/28)		265		247,074
Xylem Inc./NY, 3.25%, 11/01/26 (Call 08/01/26)		10		9,298

				16,350,533

Machinery - Diversified — 0.0%
Ingersoll Rand Inc., 5.40%, 08/14/28 (Call 07/14/28)		35		34,104
John Deere Capital Corp.
5.15%, 09/08/26		90		89,521
5.30%, 09/08/25		125		124,788
Maxim Crane Works Holdings Capital LLC, 11.50%, 09/01/28 (Call 09/01/25)		175		170,815
Nordson Corp., 5.60%, 09/15/28 (Call 08/15/28)		55		53,931

				473,159

Manufacturing — 0.2%
3M Co.
2.00%, 02/14/25 (Call 01/14/25)		333		316,469
2.25%, 09/19/26 (Call 06/19/26)		42		38,050
2.65%, 04/15/25 (Call 03/15/25)		368		350,590
2.88%, 10/15/27 (Call 07/15/27)^(c)		360		324,179
3.00%, 08/07/25		127		120,985
3.63%, 09/14/28 (Call 06/14/28)		5		4,536
Amsted Industries Inc., 5.63%, 07/01/27 (Call 12/01/23)^(b)		155		143,212
Calderys Financing LLC, 11.25%, 06/01/28 (Call 06/01/25)^(b)		200		202,099
Carlisle Companies Inc.
3.50%, 12/01/24 (Call 10/01/24)		239		231,825
3.75%, 12/01/27 (Call 09/01/27)		205		187,969
Eaton Corp.
3.10%, 09/15/27 (Call 06/15/27)		50		45,867


Security	Par (000)		Value

Manufacturing (continued)
4.35%, 05/18/28 (Call 04/18/28)	$	95	$	90,586
EnPro Industries Inc., 5.75%, 10/15/26 (Call 12/01/23)		150		142,987
FXI Holdings Inc.
12.25%, 11/15/26 (Call 11/16/23)^(b)		158		131,284
12.25%, 11/15/26 (Call 12/01/23)^(b)		245		203,665
Gates Global LLC/Gates Corp., 6.25%, 01/15/26 (Call 12/01/23)^(b)		220		214,993
GE Capital International Funding Co. Unlimited Co.,
3.37%, 11/15/25		330		313,967
Hillenbrand Inc.
5.00%, 09/15/26 (Call 07/15/26)		145		139,697
5.75%, 06/15/25 (Call 11/13/23)		170		166,882
Illinois Tool Works Inc., 2.65%, 11/15/26 (Call 08/15/26)		138		127,324
LSB Industries Inc., 6.25%, 10/15/28 (Call 10/15/24)^(b)(c)		119		105,724
Parker-Hannifin Corp.
3.25%, 03/01/27 (Call 12/01/26)		5		4,628
3.30%, 11/21/24 (Call 08/21/24)		171		166,149
4.25%, 09/15/27 (Call 08/15/27)		560		530,769
Siemens Financieringsmaatschappij NV
1.20%, 03/11/26^(b)		820		741,177
2.35%, 10/15/26^(b)		545		499,219
3.25%, 05/27/25^(b)		835		805,346
3.40%, 03/16/27^(b)		500		465,936
6.13%, 08/17/26^(b)		665		673,974
Sunny Optical Technology Group Co. Ltd., 5.95%, 07/17/26^(d)		200		198,442
Teledyne Technologies Inc., 1.60%, 04/01/26 (Call 03/01/26)		150		135,475
Textron Inc.
3.65%, 03/15/27 (Call 12/15/26)		55		51,179
3.88%, 03/01/25 (Call 12/01/24)		208		202,274
Trinity Industries Inc., 7.75%, 07/15/28 (Call 07/15/25)^(b)		130		128,383

				8,205,841

Media — 0.8%
Altice Financing SA, 5.00%, 01/15/28 (Call 12/01/23)^(b)		385		313,771
AMC Networks Inc., 4.75%, 08/01/25 (Call 12/01/23)		280		255,455
Audacy Capital Corp., 6.50%, 05/01/27 (Call 11/16/23)^(b)		190		1,900
Beasley Mezzanine Holdings LLC, 8.63%, 02/01/26 (Call 12/01/23)^(b)(c)		90		59,395
Belo Corp.
7.25%, 09/15/27		90		85,917
7.75%, 06/01/27		88		86,599
Block Communications Inc., 4.88%, 03/01/28 (Call 12/01/23)^(b)		120		98,418
CCO Holdings LLC/CCO Holdings Capital Corp.
5.00%, 02/01/28 (Call 11/16/23)^(b)		835		747,374
5.13%, 05/01/27 (Call 12/01/23)^(b)		1,060		975,149
5.50%, 05/01/26 (Call 12/01/23)^(b)		253		242,067
Charter Communications Operating LLC/Charter Communications Operating Capital
3.75%, 02/15/28 (Call 11/15/27)		410		366,041
4.20%, 03/15/28 (Call 12/15/27)		472		429,856
4.91%, 07/23/25 (Call 04/23/25)		1,737		1,698,389


Security	Par (000)		Value

Media (continued)
Comcast Corp.
2.35%, 01/15/27 (Call 10/15/26)	$	639	$	577,237
3.15%, 03/01/26 (Call 12/01/25)		903		856,962
3.15%, 02/15/28 (Call 11/15/27)		830		751,966
3.30%, 02/01/27 (Call 11/01/26)		566		526,483
3.30%, 04/01/27 (Call 02/01/27)		275		254,662
3.38%, 08/15/25 (Call 05/15/25)		675		649,719
3.55%, 05/01/28 (Call 02/01/28)		22		20,158
3.95%, 10/15/25 (Call 08/15/25)		1,157		1,122,400
4.15%, 10/15/28 (Call 07/15/28)		1,000		934,202
5.25%, 11/07/25		165		164,185
5.35%, 11/15/27 (Call 10/15/27)		501		496,871
Cox Communications Inc.
3.35%, 09/15/26 (Call 06/15/26)^(b)		530		493,137
3.50%, 08/15/27 (Call 05/15/27)^(b)		67		61,095
3.85%, 02/01/25 (Call 11/01/24)^(b)		189		183,434
CSC Holdings LLC
5.38%, 02/01/28 (Call 12/01/23)^(b)		355		282,766
5.50%, 04/15/27 (Call 12/01/23)^(b)		465		388,266
7.50%, 04/01/28 (Call 11/13/23)^(b)(c)		340		218,982
11.25%, 05/15/28 (Call 05/15/25)^(b)		315		300,557
Cumulus Media New Holdings Inc., 6.75%, 07/01/26 (Call 12/01/23)^(b)(c)		115		83,473
Directv Financing LLC/Directv Financing Co-Obligor Inc., 5.88%, 08/15/27 (Call 12/01/23)^(b)		1,220		1,068,343
Discovery Communications LLC
3.45%, 03/15/25 (Call 12/15/24)		154		148,200
3.90%, 11/15/24 (Call 08/15/24)		217		210,932
3.95%, 06/15/25 (Call 03/15/25)		212		204,235
3.95%, 03/20/28 (Call 12/20/27)		380		342,923
4.90%, 03/11/26 (Call 12/11/25)		215		209,218
DISH DBS Corp.
5.25%, 12/01/26 (Call 06/01/26)^(b)		905		731,140
5.88%, 11/15/24		670		614,725
7.38%, 07/01/28 (Call 11/13/23)^(c)		325		182,621
7.75%, 07/01/26		640		428,488
DISH Network Corp., 11.75%, 11/15/27 (Call 05/15/25)^(b)		1,120		1,109,297
FactSet Research Systems Inc., 2.90%, 03/01/27 (Call 02/01/27)		235		212,376
Fox Corp., 3.05%, 04/07/25 (Call 03/07/25)		319		306,091
Gannett Holdings LLC, 6.00%, 11/01/26 (Call 12/01/23)^(b)		101		84,558
GCI LLC, 4.75%, 10/15/28 (Call 11/16/23)^(b)		91		78,184
Gray Television Inc.
5.88%, 07/15/26 (Call 12/01/23)^(b)		230		204,896
7.00%, 05/15/27 (Call 11/13/23)^(b)(c)		240		202,327
iHeartCommunications Inc.
4.75%, 01/15/28 (Call 12/01/23)^(b)(c)		170		120,310
5.25%, 08/15/27 (Call 11/16/23)^(b)(c)		245		179,635
6.38%, 05/01/26 (Call 11/16/23)		250		203,734
8.38%, 05/01/27 (Call 11/16/23)^(c)		320		196,062
LCPR Senior Secured Financing DAC, 6.75%, 10/15/27 (Call 12/01/23)^(b)		410		371,229
McGraw-Hill Education Inc., 5.75%, 08/01/28 (Call 08/01/24)^(b)		300		252,988
Midcontinent Communications/Midcontinent Finance Corp., 5.38%, 08/15/27 (Call 11/16/23)^(b)		110		100,423
Nexstar Media Inc., 5.63%, 07/15/27 (Call 11/13/23)^(b)		560		503,813


Security	Par (000)		Value

Media (continued)
Paramount Global
2.90%, 01/15/27 (Call 10/15/26)	$	92	$	80,781
3.38%, 02/15/28 (Call 11/15/27)		370		316,637
3.70%, 06/01/28 (Call 03/01/28)		24		20,688
4.00%, 01/15/26 (Call 10/15/25)		402		381,430
4.75%, 05/15/25 (Call 04/15/25)		348		340,119
6.25%, 02/28/57 (Call 02/28/27), (3-mo. LIBOR US + 3.899%)^(a)		220		158,595
6.38%, 03/30/62 (Call 03/30/27), (5-year CMT + 3.999%)^(a)		325		237,806
Radiate Holdco LLC/Radiate Finance Inc., 4.50%, 09/15/26 (Call 12/01/23)^(b)		295		226,171
Scripps Escrow Inc., 5.88%, 07/15/27 (Call 12/01/23)^(b)		150		112,168
Sinclair Television Group Inc., 5.13%, 02/15/27 (Call 11/16/23)^(b)(c)		100		79,146
Sirius XM Radio Inc.
3.13%, 09/01/26 (Call 12/01/23)^(b)		353		316,355
4.00%, 07/15/28 (Call 07/15/24)^(b)		675		573,826
5.00%, 08/01/27 (Call 12/01/23)^(b)		495		454,497
Spanish Broadcasting System Inc., 9.75%, 03/01/26 (Call 11/13/23)^(b)(c)		115		71,334
TCI Communications Inc.
7.13%, 02/15/28		15		15,783
7.88%, 02/15/26		45		46,987
TEGNA Inc.
4.63%, 03/15/28 (Call 12/01/23)		300		259,850
4.75%, 03/15/26 (Call 12/01/23)^(b)		235		220,390
Telenet Finance Luxembourg Notes Sarl, 5.50%, 03/01/28 (Call 11/13/23)^(b)		400		352,355
Townsquare Media Inc., 6.88%, 02/01/26 (Call 12/01/23)^(b)(c)		170		158,194
TWDC Enterprises 18 Corp.
1.85%, 07/30/26		455		413,662
2.95%, 06/15/27		185		170,740
3.00%, 02/13/26		180		169,874
3.15%, 09/17/25		132		126,375
Univision Communications Inc.
5.13%, 02/15/25 (Call 11/13/23)^(b)		370		361,490
6.63%, 06/01/27 (Call 11/13/23)^(b)		480		438,435
8.00%, 08/15/28 (Call 08/15/25)^(b)(c)		165		156,094
UPC Holding BV, 5.50%, 01/15/28 (Call 11/13/23)^(b)		170		148,566
Urban One Inc., 7.38%, 02/01/28 (Call 02/01/24)^(b)		245		203,586
Videotron Ltd., 5.13%, 04/15/27 (Call 12/01/23)^(b)		225		211,963
Virgin Media Vendor Financing Notes IV DAC,
5.00%, 07/15/28 (Call 12/01/23)^(b)		165		140,352
Walt Disney Co. (The)
1.75%, 01/13/26		792		731,222
2.20%, 01/13/28		495		435,708
3.35%, 03/24/25		298		288,698
3.38%, 11/15/26 (Call 08/15/26)		80		75,114
3.70%, 10/15/25 (Call 07/15/25)		60		58,000
3.70%, 03/23/27		370		350,490
Ziggo Bond Co. BV, 6.00%, 01/15/27 (Call 12/01/23)^(b)		225		205,975


				31,103,090

Metal Fabricate & Hardware — 0.0%
Advanced Drainage Systems Inc., 5.00%, 09/30/27 (Call 11/16/23)^(b)		140		131,409
Park-Ohio Industries Inc., 6.63%, 04/15/27 (Call 12/01/23)		130		112,641


Security	Par (000)		Value

Metal Fabricate & Hardware (continued)
Precision Castparts Corp., 3.25%, 06/15/25 (Call 03/15/25)	$	273	$	263,294


				507,344

Mining — 0.3%
Anglo American Capital PLC
4.50%, 03/15/28 (Call 12/15/27)^(b)		455		424,128
4.75%, 04/10/27^(b)		200		190,738
4.88%, 05/14/25^(b)		235		230,434
BHP Billiton Finance USA Ltd.
4.75%, 02/28/28 (Call 01/28/28)		280		270,159
4.88%, 02/27/26		285		280,503
5.10%, 09/08/28 (Call 08/08/28)		400		390,012
5.25%, 09/08/26		400		396,429
6.42%, 03/01/26		20		20,310
Chalco Hong Kong Investment Co. Ltd., 2.10%, 07/28/26 (Call 06/28/26)^(d)		300		272,083
Chinalco Capital Holding Co., 2.95%, 02/24/27 (Call 01/24/27)^(d)		200		182,610
Chinalco Capital Holdings Ltd., 2.13%, 06/03/26 (Call 05/03/26)^(d)		400		364,954
Cia. De Minas Buenaventur Co., 5.50%, 07/23/26 (Call 11/30/23)^(d)		200		174,007
Compass Minerals International Inc., 6.75%, 12/01/27 (Call 11/13/23)^(b)		165		155,463
Constellium SE, 5.88%, 02/15/26 (Call 12/01/23)^(b)		150		144,735
Corp. Nacional del Cobre de Chile, 3.63%, 08/01/27 (Call 05/01/27)^(d)		600		548,111
Endeavour Mining PLC, 5.00%, 10/14/26 (Call 11/30/23)^(d)		200		175,707
Ferroglobe PLC/Globe Specialty Metals Inc., 9.38%, 12/31/25 (Call 12/01/23)^(b)		99		101,376
First Quantum Minerals Ltd.
6.88%, 03/01/26 (Call 11/10/23)^(d)		400		351,503
6.88%, 10/15/27 (Call 11/10/23)^(d)		400		341,002
7.50%, 04/01/25 (Call 11/10/23)^(d)		332		311,784
FMG Resources August 2006 Pty Ltd., 4.50%, 09/15/27 (Call 06/15/27)^(b)		220		197,928
Freeport Indonesia PT, 4.76%, 04/14/27 (Call 03/14/27)^(d)		200		189,553
Freeport-McMoRan Inc.
4.13%, 03/01/28 (Call 12/01/23)		220		199,858
4.55%, 11/14/24 (Call 08/14/24)		465		456,558
Glencore Funding LLC
1.63%, 09/01/25 (Call 08/01/25)^(b)		500		461,845
1.63%, 04/27/26 (Call 03/27/26)^(b)		210		188,979
3.88%, 10/27/27 (Call 07/27/27)^(b)		25		22,949
4.00%, 04/16/25^(b)		33		32,036
4.00%, 03/27/27 (Call 12/27/26)^(b)		415		387,288
5.40%, 05/08/28 (Call 04/08/28)^(b)		790		763,825
6.13%, 10/06/28 (Call 09/06/28)^(b)		175		173,432
Hecla Mining Co., 7.25%, 02/15/28 (Call 11/16/23)		165		158,550
Hudbay Minerals Inc., 4.50%, 04/01/26 (Call 11/10/23)^(d)		300		278,762
Indonesia Asahan Aluminium Persero PT, 4.75%, 05/15/25 (Call 04/15/25)^(d)		200		195,592
JW Aluminum Continuous Cast Co., 10.25%, 06/01/26 (Call 11/16/23)^(b)		110		109,496
Kaiser Aluminum Corp., 4.63%, 03/01/28 (Call 12/01/23)^(b)		160		133,397
Kinross Gold Corp., 4.50%, 07/15/27 (Call 04/15/27)		75		70,719


Security	Par (000)		Value

Mining (continued)
Minmetals Bounteous Finance BVI Ltd.
4.20%, 07/27/26^(d)	$	200	$	191,879
4.75%, 07/30/25^(d)		400		392,369
New Gold Inc., 7.50%, 07/15/27 (Call 12/01/23)^(b)		144		135,566
Newcastle Coal Infrastructure Group Pty Ltd., 4.40%, 09/29/27 (Call 06/29/27)^(b)		10		8,966
Nexa Resources SA, 5.38%, 05/04/27 (Call 02/04/27)^(d)		400		367,083
Novelis Corp., 3.25%, 11/15/26 (Call 12/01/23)^(b)		285		254,029
Perenti Finance Pty Ltd., 6.50%, 10/07/25 (Call 12/01/23)^(b)(c)		200		195,369
SDG Finance Ltd., 2.80%, 08/25/26 (Call 05/25/26)^(d)		200		179,241
Southern Copper Corp., 3.88%, 04/23/25		360		348,092
Stillwater Mining Co., 4.00%, 11/16/26 (Call 11/30/23)^(d)		200		172,088
Taseko Mines Ltd., 7.00%, 02/15/26 (Call 12/01/23)^(b)(c)		140		127,679
Vedanta Resources Finance II PLC, 8.95%, 03/11/25 (Call 09/11/24)^(d)		600		439,310


				12,158,486

Multi-National — 0.5%
African Development Bank, 4.38%, 03/14/28		1,055		1,028,692
Arab Petroleum Investments Corp., 1.46%, 06/30/25^(d)		200		185,290
Asian Development Bank
3.75%, 04/25/28		2,075		1,972,036
4.25%, 01/09/26		170		166,964
4.50%, 08/25/28		1,015		993,924
4.63%, 06/13/25		45		44,551
Asian Infrastructure Investment Bank (The)
3.75%, 09/14/27		115		110,068
4.00%, 01/18/28		1,035		990,508
4.88%, 09/14/26		85		84,531
Corp. Andina de Fomento
1.63%, 09/23/25		72		66,581
2.25%, 02/08/27		185		165,452
Council Of Europe Development Bank, 3.75%, 05/25/26		5		4,841
European Investment Bank, 3.88%, 03/15/28		3,420		3,276,486
Inter-American Development Bank
4.00%, 01/12/28		3,480		3,347,770
4.50%, 05/15/26^(c)		12		11,839
Inter-American Investment Corp.
2.63%, 04/22/25		310		297,496
4.75%, 09/19/28^(c)		500		492,393
International Bank for Reconstruction & Development
0.60%, 02/18/26		10		8,966
3.50%, 07/12/28		2,400		2,253,105
4.50%, 06/26/28 (Call 06/26/26)		20		19,469
4.63%, 08/01/28		1,535		1,511,624
International Development Association, 0.88%, 04/28/26^(b)		15		13,504
International Finance Corp., 4.50%, 07/13/28		620		608,503
International Finance Facility for Immunisation Co., 1.00%, 04/21/26^(d)		20		18,016
Isdb Trust Services No. 2 Sarl, 4.60%, 03/14/28^(d)		2,300		2,240,221


Security	Par (000)		Value

Multi-National (continued)
New Development Bank (The)
0.63%, 09/29/25^(d)	$	500	$	451,810
1.13%, 04/27/26^(d)		500		444,030


				20,808,670

Office & Business Equipment — 0.0%
CDW LLC/CDW Finance Corp.
2.67%, 12/01/26 (Call 11/01/26)		371		332,414
4.13%, 05/01/25 (Call 12/01/23)		297		286,806
5.50%, 12/01/24 (Call 06/01/24)		352		348,596
Pitney Bowes Inc., 6.88%, 03/15/27 (Call 03/15/24)^(b)(c)		140		115,796
Xerox Holdings Corp.
5.00%, 08/15/25 (Call 07/15/25)^(b)		270		248,379
5.50%, 08/15/28 (Call 07/15/28)^(b)		255		197,041


				1,529,032

Oil & Gas — 1.5%
Aethon United BR LP/Aethon United Finance Corp., 8.25%, 02/15/26 (Call 12/01/23)^(b)		280		278,173
AKER BP ASA, 5.60%, 06/13/28 (Call 05/13/28)^(b)		150		145,655
Ascent Resources Utica Holdings LLC/ARU Finance Corp., 7.00%, 11/01/26 (Call 12/01/23)^(b)		235		227,103
Athabasca Oil Corp., 9.75%, 11/01/26 (Call 11/01/24)^(b)		68		70,463
Baytex Energy Corp., 8.75%, 04/01/27 (Call 12/01/23)^(b)		170		171,570
Berry Petroleum Co. LLC, 7.00%, 02/15/26 (Call 12/01/23)^(b)		145		139,202
Bharat Petroleum Corp. Ltd., 4.00%, 05/08/25^(d)		200		194,027
BP Capital Markets America Inc.
3.02%, 01/16/27 (Call 10/16/26)		315		290,886
3.12%, 05/04/26 (Call 02/04/26)		287		270,907
3.41%, 02/11/26 (Call 12/11/25)		482		459,482
3.54%, 04/06/27 (Call 02/06/27)		205		192,084
3.59%, 04/14/27 (Call 01/14/27)		235		220,347
3.80%, 09/21/25 (Call 07/21/25)		397		385,609
BP Capital Markets PLC, 3.28%, 09/19/27 (Call 06/19/27)		550		507,361
BPRL International Singapore Pte Ltd., 4.38%, 01/18/27^(d)		200		188,286
California Resources Corp., 7.13%, 02/01/26 (Call 12/01/23)^(b)		225		225,830
Callon Petroleum Co.
6.38%, 07/01/26 (Call 12/01/23)		120		117,035
8.00%, 08/01/28 (Call 08/01/24)^(b)		200		198,252
Calumet Specialty Products Partners LP/Calumet Finance Corp.
8.13%, 01/15/27 (Call 01/15/24)^(b)		120		112,070
9.75%, 07/15/28 (Call 07/15/25)^(b)(c)		125		116,975
11.00%, 04/15/25 (Call 12/01/23)^(b)		128		128,578
Canadian Natural Resources Ltd.
2.05%, 07/15/25 (Call 06/15/25)		371		346,528
3.85%, 06/01/27 (Call 03/01/27)		582		539,803
3.90%, 02/01/25 (Call 11/01/24)		192		186,627
Cenovus Energy Inc., 4.25%, 04/15/27 (Call 01/15/27)		385		363,050
Centennial Resource Production LLC, 6.88%, 04/01/27 (Call 12/01/23)^(b)		150		147,010
Chesapeake Energy Corp., 5.50%, 02/01/26 (Call 12/01/23)^(b)		195		189,341


Security	Par (000)		Value

Oil & Gas (continued)
Chevron Corp.
1.55%, 05/11/25 (Call 04/11/25)	$	1,324	$	1,249,417
2.00%, 05/11/27 (Call 03/11/27)		380		339,912
2.95%, 05/16/26 (Call 02/16/26)		250		236,347
3.33%, 11/17/25 (Call 08/17/25)		325		312,212
Chevron USA Inc.
0.69%, 08/12/25 (Call 07/12/25)		669		616,263
1.02%, 08/12/27 (Call 06/12/27)		135		115,676
3.90%, 11/15/24 (Call 08/15/24)		263		258,458
Civitas Resources Inc.
5.00%, 10/15/26 (Call 12/01/23)^(b)		152		142,156
8.38%, 07/01/28 (Call 07/01/25)^(b)		455		458,266
CNOOC Finance 2015 USA LLC, 3.50%, 05/05/25		800		774,287
CNX Resources Corp., 7.25%, 03/14/27 (Call 12/01/23)^(b)		160		157,563
ConocoPhillips Co., 2.40%, 03/07/25 (Call 11/13/23)		59		56,522
Continental Resources Inc./OK
2.27%, 11/15/26 (Call 12/01/23)^(b)		342		303,281
4.38%, 01/15/28 (Call 10/15/27)		395		363,908
Coterra Energy Inc., 3.90%, 05/15/27 (Call 02/15/27)		22		20,509
Crescent Energy Finance LLC, 9.25%, 02/15/28 (Call 02/15/25)^(b)		255		258,597
CrownRock LP/CrownRock Finance Inc., 5.63%, 10/15/25 (Call 12/01/23)^(b)		420		416,033
CVR Energy Inc.
5.25%, 02/15/25 (Call 11/16/23)^(b)		225		220,478
5.75%, 02/15/28 (Call 11/16/23)^(b)		130		116,712
Devon Energy Corp.
5.25%, 10/15/27 (Call 11/13/23)		75		72,526
5.85%, 12/15/25 (Call 09/15/25)		305		303,029
Diamondback Energy Inc., 3.25%, 12/01/26 (Call 10/01/26)		361		336,477
Earthstone Energy Holdings LLC, 8.00%, 04/15/27 (Call 04/15/24)^(b)		190		192,582
Ecopetrol SA
4.13%, 01/16/25		300		289,651
5.38%, 06/26/26 (Call 03/26/26)		600		574,425
Empresa Nacional del Petroleo, 3.75%, 08/05/26 (Call 05/05/26)^(d)		200		184,789
Encino Acquisition Partners Holdings LLC, 8.50%, 05/01/28 (Call 05/01/24)^(b)		250		243,845
Endeavor Energy Resources LP/EER Finance Inc., 5.75%, 01/30/28 (Call 12/01/23)^(b)		355		340,733
Energian Israel Finance Ltd.
4.88%, 03/30/26 (Call 12/30/25)^(b)		200		175,932
5.38%, 03/30/28 (Call 09/30/27)^(b)		300		245,328
Energy Ventures Gom LLC/EnVen Finance Corp., 11.75%, 04/15/26 (Call 04/15/24)^(b)		84		87,041
EnQuest PLC, 11.63%, 11/01/27 (Call 11/01/24)^(b)		120		112,966
EOG Resources Inc.
3.15%, 04/01/25 (Call 01/01/25)		231		222,701
4.15%, 01/15/26 (Call 10/15/25)		45		43,587
EQT Corp.
3.13%, 05/15/26 (Call 12/01/23)^(b)		239		221,183
3.90%, 10/01/27 (Call 07/01/27)		520		478,023
5.70%, 04/01/28 (Call 03/01/28)		5		4,863
6.13%, 02/01/25 (Call 01/01/25)		249		248,255
Equinor ASA
1.75%, 01/22/26 (Call 12/22/25)		492		454,186


Security	Par (000)		Value

Oil & Gas (continued)
2.88%, 04/06/25 (Call 03/06/25)	$	689	$	664,508
3.00%, 04/06/27 (Call 02/06/27)		55		50,781
3.25%, 11/10/24		190		185,273
3.63%, 09/10/28 (Call 06/10/28)		505		467,792
7.25%, 09/23/27		15		15,848
Exxon Mobil Corp.
2.28%, 08/16/26 (Call 06/16/26)		242		223,553
2.71%, 03/06/25 (Call 12/06/24)		760		733,052
2.99%, 03/19/25 (Call 02/19/25)		1,180		1,141,635
3.04%, 03/01/26 (Call 12/01/25)		1,112		1,056,311
3.29%, 03/19/27 (Call 01/19/27)		376		353,155
Geopark Ltd., 5.50%, 01/17/27 (Call 01/17/24)^(d)		200		167,879
Greenfire Resources Ltd., 12.00%, 10/01/28 (Call 10/01/25)^(b)		100		99,531
GS Caltex Corp., 4.50%, 01/05/26		200		193,988
Gulfport Energy Corp., 8.00%, 05/17/26 (Call 05/17/24)		215		214,902
Harbour Energy PLC, 5.50%, 10/15/26 (Call 12/01/23)^(b)		180		167,583
Hess Corp., 4.30%, 04/01/27 (Call 01/01/27)		352		336,871
HF Sinclair Corp., 5.88%, 04/01/26 (Call 01/01/26)		388		382,653
Hindustan Petroleum Corp. Ltd., 4.00%, 07/12/27^(d)		200		185,654
Independence Energy Finance LLC, 7.25%, 05/01/26 (Call 12/01/23)^(b)		230		222,491
Ithaca Energy North Sea PLC, 9.00%, 07/15/26 (Call 12/01/23)^(b)		230		221,100
KazMunayGas National Co. JSC, 4.75%, 04/19/27^(d)		400		373,574
Korea National Oil Corp., 2.63%, 04/14/26^(d)		400		373,065
Kosmos Energy Ltd., 7.13%, 04/04/26 (Call 11/10/23)^(d)		200		184,838
Laredo Petroleum Inc.
9.50%, 01/15/25 (Call 12/01/23)		175		175,821
10.13%, 01/15/28 (Call 12/01/23)		155		155,447
Leviathan Bond Ltd.
6.13%, 06/30/25 (Call 03/30/25)^(b)		175		162,744
6.50%, 06/30/27 (Call 12/30/26)^(b)		200		176,367
Lundin Energy Finance BV, 2.00%, 07/15/26 (Call 06/15/26)^(b)		300		268,329
Magnolia Oil & Gas Operating LLC/Magnolia Oil & Gas Finance Corp., 6.00%, 08/01/26 (Call 11/13/23)^(b)		125		119,506
Marathon Oil Corp., 4.40%, 07/15/27 (Call 04/15/27)		382		357,841
Marathon Petroleum Corp.
3.80%, 04/01/28 (Call 01/01/28)		365		333,175
4.70%, 05/01/25 (Call 04/01/25)		476		466,033
5.13%, 12/15/26 (Call 09/15/26)		80		78,278
Matador Resources Co.
5.88%, 09/15/26 (Call 11/16/23)		250		241,394
6.88%, 04/15/28 (Call 04/15/25)^(b)(c)		125		122,590
Medco Bell Pte Ltd., 6.38%, 01/30/27 (Call 01/30/24)^(d)		200		187,763
Medco Oak Tree Pte Ltd., 7.38%, 05/14/26 (Call 11/30/23)^(d)		200		198,612
MEG Energy Corp., 7.13%, 02/01/27 (Call 12/01/23)^(b)		170		171,359
Moss Creek Resources Holdings Inc.
7.50%, 01/15/26 (Call 12/01/23)^(b)		250		239,206
10.50%, 05/15/27 (Call 12/01/23)^(b)		165		163,139


Security	Par (000)		Value

Oil & Gas (continued)
Murphy Oil Corp.
5.88%, 12/01/27 (Call 11/16/23)	$	215	$	206,903
6.38%, 07/15/28 (Call 07/15/24)		150		145,276
Nabors Industries Inc.
5.75%, 02/01/25 (Call 11/01/24)		175		169,861
7.38%, 05/15/27 (Call 05/15/24)^(b)		240		224,462
Nabors Industries Ltd.
7.25%, 01/15/26 (Call 12/01/23)^(b)		210		196,760
7.50%, 01/15/28 (Call 12/01/23)^(b)		130		114,649
NAK Naftogaz Ukraine via Kondor Finance PLC,
7.63%, 11/08/28^(d)(h)(i)		200		97,346
Neptune Energy Bondco PLC, 6.63%, 05/15/25 (Call 12/01/23)^(b)		325		322,324
Northern Oil and Gas Inc., 8.13%, 03/01/28 (Call 03/01/24)^(b)		245		241,837
Oasis Petroleum Inc., 6.38%, 06/01/26 (Call 12/01/23)^(b)		155		152,424
Occidental Petroleum Corp.
5.50%, 12/01/25 (Call 09/01/25)		190		187,941
5.55%, 03/15/26 (Call 12/15/25)		295		290,989
5.88%, 09/01/25 (Call 06/01/25)		280		279,051
8.50%, 07/15/27 (Call 01/15/27)^(c)		190		202,461
Oil and Gas Holding Co. BSCC (The), 7.50%, 10/25/27^(d)		400		403,054
Oil India International Pte Ltd., 4.00%, 04/21/27^(d)		200		186,454
ONGC Videsh Vankorneft Pte Ltd., 3.75%, 07/27/26^(d)		200		189,452
OQ SAOC, 5.13%, 05/06/28^(d)		200		188,812
Ovintiv Inc.
5.38%, 01/01/26 (Call 10/01/25)		290		285,009
5.65%, 05/15/25		250		248,652
5.65%, 05/15/28 (Call 04/15/28)		270		262,251
Parkland Corp., 5.88%, 07/15/27 (Call 12/01/23)^(b)		175		167,614
Patterson-UTI Energy Inc., 3.95%, 02/01/28 (Call 11/01/27)		200		177,153
PBF Holding Co. LLC/PBF Finance Corp., 6.00%, 02/15/28 (Call 12/01/23)		260		240,356
PDC Energy Inc., 5.75%, 05/15/26 (Call 12/01/23)		290		288,942
Permian Resources Operating LLC
5.38%, 01/15/26 (Call 12/01/23)^(b)		105		100,895
7.75%, 02/15/26 (Call 02/15/24)^(b)		110		110,011
Pertamina Persero PT, 1.40%, 02/09/26 (Call 01/09/26)^(d)		400		360,546
Petrobras Global Finance BV
5.30%, 01/27/25		200		197,318
6.00%, 01/27/28^(c)		400		394,903
7.38%, 01/17/27^(c)		200		205,301
Petrofac Ltd., 9.75%, 11/15/26 (Call 12/01/23)^(b)		300		203,991
Petroleos Mexicanos
4.25%, 01/15/25		200		191,805
4.50%, 01/23/26		450		403,435
5.35%, 02/12/28		500		402,436
6.49%, 01/23/27 (Call 11/23/26)		570		504,967
6.50%, 03/13/27		1,390		1,225,582
6.88%, 10/16/25 (Call 09/16/25)		350		335,948
6.88%, 08/04/26		850		784,506
Petron Corp., 5.95%, (Call 04/19/26), (5-year CMT + 7.574%)^(a)(d)(e)		200		183,069
Petronas Capital Ltd., 3.50%, 03/18/25^(d)		700		679,214
Petrons Energy Canada Ltd., 2.11%, 03/23/28 (Call 01/23/28)^(d)		200		173,582


Security	Par (000)		Value

Oil & Gas (continued)
Petrorio Luxembourg Trading Sarl, 6.13%, 06/09/26 (Call 06/09/24)^(d)	$	200	$	190,391
Phillips 66
1.30%, 02/15/26 (Call 01/15/26)		300		270,933
3.85%, 04/09/25 (Call 03/09/25)		398		386,898
Phillips 66 Co.
3.55%, 10/01/26 (Call 07/01/26)		173		162,432
3.61%, 02/15/25 (Call 11/15/24)		342		332,041
4.95%, 12/01/27 (Call 11/01/27)		205		199,163
Pioneer Natural Resources Co.
1.13%, 01/15/26 (Call 12/15/25)		315		285,936
5.10%, 03/29/26		455		449,962
Precision Drilling Corp., 7.13%, 01/15/26 (Call 11/16/23)^(b)		150		147,934
PTTEP Treasury Center Co. Ltd., 2.59%, 06/10/27 (Call 04/10/27)^(d)		200		179,140
Puma International Financing SA, 5.00%, 01/24/26 (Call 11/13/23)^(b)		200		180,009
Qatar Energy, 1.38%, 09/12/26 (Call 08/12/26)^(d)		600		530,605
Raizen Fuels Finance SA, 5.30%, 01/20/27^(d)		200		191,711
Range Resources Corp., 4.88%, 05/15/25 (Call 02/15/25)		230		223,945
Ras Laffan Liquefied Natural Gas Co. Ltd. 3
5.84%, 09/30/27^(b)		173		172,769
6.33%, 09/30/27^(b)		161		162,104
Reliance Industries Ltd.
3.67%, 11/30/27^(d)		250		229,848
4.13%, 01/28/25^(d)		300		293,224
SA Global Sukuk Ltd., 1.60%, 06/17/26 (Call 05/17/26)^(d)		600		537,975
Saudi Arabian Oil Co., 1.63%, 11/24/25 (Call 10/24/25)^(d)		400		365,843
SEPLAT Energy PLC, 7.75%, 04/01/26 (Call 11/30/23)^(d)		200		169,095
Shell International Finance BV
2.00%, 11/07/24 (Call 10/07/24)		699		674,552
2.50%, 09/12/26		460		426,069
2.88%, 05/10/26		252		237,287
3.25%, 05/11/25		1,219		1,180,029
Sierracol Energy Andina Co., 6.00%, 06/15/28 (Call 06/15/24)^(d)		200		153,772
Sinopec Group Overseas Development 2015 Ltd., 3.25%, 04/28/25^(d)		676		651,653
Sinopec Group Overseas Development 2016 Ltd., 2.75%, 09/29/26^(d)		600		555,505
Sinopec Group Overseas Development 2018 Ltd.
1.45%, 01/08/26^(d)		800		733,608
2.15%, 05/13/25 (Call 04/13/25)^(d)		400		378,864
4.13%, 09/12/25^(d)		200		194,289
Sitio Royalties Operating Partnership LP/Sitio Finance Corp., 7.88%, 11/01/28 (Call 11/01/25)		125		123,340
SM Energy Co.
5.63%, 06/01/25 (Call 12/01/23)		150		146,522
6.50%, 07/15/28 (Call 07/15/24)		125		120,390
6.63%, 01/15/27 (Call 12/01/23)^(c)		160		156,237
6.75%, 09/15/26 (Call 12/01/23)		165		162,026
Southwestern Energy Co., 5.70%, 01/23/25 (Call 10/23/24)		140		138,379
Strathcona Resources Ltd., 6.88%, 08/01/26 (Call 12/01/23)^(b)		170		158,088


Security	Par (000)		Value

Oil & Gas (continued)
Sunoco LP/Sunoco Finance Corp.
5.88%, 03/15/28 (Call 12/01/23)	$	150	$	142,157
6.00%, 04/15/27 (Call 12/01/23)		210		202,483
7.00%, 09/15/28 (Call 09/15/25)^(b)		145		141,455
Talos Production Inc., 12.00%, 01/15/26 (Call 11/16/23)		245		254,479
Tengizchevroil Finance Co. International Ltd.
2.63%, 08/15/25 (Call 05/15/25)^(d)		200		180,158
4.00%, 08/15/26^(d)		400		357,652
TotalEnergies Capital International SA, 2.43%, 01/10/25 (Call 10/10/24)		693		668,241
Transocean Aquila Ltd., 8.00%, 09/30/28 (Call 09/30/25)^(b)		100		98,406
Transocean Inc.
7.25%, 11/01/25 (Call 11/14/23)^(b)		125		121,900
7.50%, 01/15/26 (Call 11/14/23)^(b)(c)		201		193,004
8.00%, 02/01/27 (Call 11/13/23)^(b)		225		211,096
11.50%, 01/30/27 (Call 11/13/23)^(b)		240		249,617
Transocean Poseidon Ltd., 6.88%, 02/01/27 (Call 12/01/23)^(b)(c)		161		158,006
Transocean Titan Financing Ltd., 8.38%, 02/01/28 (Call 02/01/25)^(b)		205		205,456
Tullow Oil PLC
7.00%, 03/01/25 (Call 11/30/23)^(d)		200		156,472
10.25%, 05/15/26 (Call 11/10/23)^(d)		593		510,173
Valero Energy Corp.
2.15%, 09/15/27 (Call 07/15/27)		175		152,973
3.40%, 09/15/26 (Call 06/15/26)		50		46,839
Vantage Drilling International, 9.50%, 02/15/28 (Call 02/15/25)^(b)		20		19,649
Var Energi ASA
5.00%, 05/18/27 (Call 04/18/27)^(b)		50		47,018
7.50%, 01/15/28 (Call 12/15/27)^(b)		200		203,856
Vermilion Energy Inc., 5.63%, 03/15/25 (Call 12/01/23)^(b)		110		107,245
Viper Energy Partners LP, 5.38%, 11/01/27 (Call 12/01/23)^(b)		175		165,956
W&T Offshore Inc., 11.75%, 02/01/26 (Call 08/01/24)^(b)		100		103,365
Woodside Finance Ltd.
3.65%, 03/05/25 (Call 12/05/24)^(b)		530		512,045
3.70%, 09/15/26 (Call 06/15/26)^(b)		360		337,057
3.70%, 03/15/28 (Call 12/15/27)^(b)		20		17,954
YPF SA
6.95%, 07/21/27^(d)		250		188,852
8.50%, 07/28/25^(d)		400		362,667
YPF Sociedad Anonima, 9.00%, 02/12/26^(d)		212		205,996


				59,396,951

Oil & Gas Services — 0.1%
Archrock Partners LP/Archrock Partners Finance Corp.
6.25%, 04/01/28 (Call 12/01/23)^(b)		270		251,191
6.88%, 04/01/27 (Call 12/01/23)^(b)		195		188,081
Baker Hughes Holdings LLC/Baker Hughes Co-Obligor Inc.
2.06%, 12/15/26 (Call 11/15/26)		295		264,446
3.34%, 12/15/27 (Call 09/15/27)		465		423,656
Bristow Group Inc., 6.88%, 03/01/28 (Call 03/01/24)^(b)		150		139,009
CGG SA, 8.75%, 04/01/27 (Call 04/01/24)^(b)		180		158,976


Security	Par (000)		Value

Oil & Gas Services (continued)
COSL Singapore Capital Ltd., 1.88%, 06/24/25 (Call 05/24/25)^(d)	$	600	$	562,158
CSI Compressco LP/CSI Compressco Finance Inc., 7.50%, 04/01/25 (Call 12/01/23)^(b)(c)		145		141,068
Enerflex Ltd., 9.00%, 10/15/27 (Call 10/15/24)^(b)		215		194,956
Halliburton Co., 3.80%, 11/15/25 (Call 08/15/25)		222		214,932
KCA Deutag UK Finance PLC, 9.88%, 12/01/25 (Call 11/13/23)^(b)		160		160,707
KLX Energy Services Holdings Inc., 11.50%, 11/01/25 (Call 12/01/23)^(b)		85		84,008
Oceaneering International Inc.
6.00%, 02/01/28 (Call 11/01/27)		45		41,560
6.00%, 02/01/28 (Call 11/01/27)^(b)		50		45,746
Schlumberger Finance Canada Ltd., 1.40%, 09/17/25 (Call 08/17/25)		242		224,390
Schlumberger Holdings Corp., 4.00%, 12/21/25 (Call 09/21/25)^(b)		345		334,251
Schlumberger Investment SA, 4.50%, 05/15/28 (Call 04/15/28)		820		785,231
TechnipFMC PLC, 6.50%, 02/01/26 (Call 12/01/23)^(b)		37		36,466
USA Compression Partners LP/USA Compression Finance Corp.
6.88%, 04/01/26 (Call 12/01/23)		250		243,703
6.88%, 09/01/27 (Call 12/01/23)		280		268,335
Weatherford International Ltd., 6.50%, 09/15/28 (Call 09/15/24)^(b)(c)		116		116,755
Welltec International ApS, 8.25%, 10/15/26 (Call 11/13/23)^(b)		20		20,215


				4,899,840

Packaging & Containers — 0.3%
Amcor Finance USA Inc., 3.63%, 04/28/26 (Call 01/28/26)		160		150,772
Amcor Flexibles North America Inc., 4.00%, 05/17/25 (Call 04/17/25)		297		287,823
ARD Finance SA, 6.50%, 06/30/27 (Call 12/01/23), (7.25% PIK)^(b)(f)		270		157,417
Ardagh Metal Packaging Finance USA LLC/Ardagh Metal Packaging Finance PLC
3.25%, 09/01/28 (Call 05/15/24)^(b)		200		163,326
6.00%, 06/15/27 (Call 06/15/24)^(b)		200		189,223
Ardagh Packaging Finance PLC/Ardagh Holdings USA Inc.
4.13%, 08/15/26 (Call 11/13/23)^(b)		430		379,526
5.25%, 04/30/25 (Call 12/04/23)^(b)		275		265,035
5.25%, 08/15/27 (Call 12/01/23)^(b)		575		418,496
Ball Corp.
4.88%, 03/15/26 (Call 12/15/25)		269		259,140
5.25%, 07/01/25		327		321,930
6.88%, 03/15/28 (Call 11/15/24)		250		249,608
Berry Global Inc.
1.57%, 01/15/26 (Call 12/15/25)		663		599,282
1.65%, 01/15/27 (Call 12/15/26)		276		237,955
4.50%, 02/15/26 (Call 12/01/23)^(b)(c)		125		117,852
4.88%, 07/15/26 (Call 12/01/23)^(b)		257		244,998
5.50%, 04/15/28 (Call 03/15/28)^(b)		320		306,545
5.63%, 07/15/27 (Call 12/01/23)^(b)		210		200,688
Brambles USA Inc., 4.13%, 10/23/25 (Call 07/25/25)^(b)		200		192,996
Cascades Inc./Cascades USA Inc. 5.13%, 01/15/26 (Call 12/04/23)^(b)		75		71,606


Security	Par (000)		Value

Packaging & Containers (continued)
5.38%, 01/15/28 (Call 12/01/23)^(b)	$	175	$	158,538
CCL Industries Inc., 3.25%, 10/01/26 (Call 07/01/26)^(b)		5		4,603
Clearwater Paper Corp., 5.38%, 02/01/25^(b)		101		98,881
Crown Americas LLC/Crown Americas Capital Corp. V, 4.25%, 09/30/26 (Call 03/31/26)		155		146,512
Crown Americas LLC/Crown Americas Capital Corp. VI, 4.75%, 02/01/26 (Call 12/01/23)		325		313,525
Crown Cork & Seal Co. Inc., 7.38%, 12/15/26		120		121,797
Graham Packaging Co. Inc., 7.13%, 08/15/28 (Call 12/01/23)^(b)		170		131,878
Graphic Packaging International LLC
1.51%, 04/15/26 (Call 03/15/26)^(b)		297		263,335
3.50%, 03/15/28^(b)		175		153,797
4.75%, 07/15/27 (Call 04/15/27)^(b)		120		112,081
Intelligent Packaging Ltd. Finco Inc./Intelligent Packaging Ltd. Co-Issuer LLC, 6.00%, 09/15/28 (Call 12/01/23)^(b)		225		186,040
LABL Inc.
6.75%, 07/15/26 (Call 11/13/23)^(b)		260		239,584
10.50%, 07/15/27 (Call 11/13/23)^(b)(c)		220		191,281
Mauser Packaging Solutions Holding Co.
7.88%, 08/15/26 (Call 08/15/24)^(b)		925		866,638
9.25%, 04/15/27 (Call 10/15/24)^(b)		435		363,688
Owens-Brockway Glass Container Inc.
6.38%, 08/15/25^(b)		110		107,279
6.63%, 05/13/27 (Call 12/01/23)^(b)		225		214,046
Pactiv Evergreen Group Issuer LLC/Pactiv Evergreen Group Issuer Inc.
4.00%, 10/15/27 (Call 12/01/23)^(b)		355		312,277
4.38%, 10/15/28 (Call 10/15/24)^(b)		95		81,196
Pactiv LLC
7.95%, 12/15/25^(c)		80		79,210
8.38%, 04/15/27^(c)		60		58,857
Sealed Air Corp.
1.57%, 10/15/26 (Call 09/15/26)^(b)		229		200,331
4.00%, 12/01/27 (Call 09/01/27)^(b)		177		157,403
5.13%, 12/01/24 (Call 09/01/24)^(b)		184		180,730
5.50%, 09/15/25 (Call 06/15/25)^(b)		170		165,491
Sealed Air Corp./Sealed Air Corp. US, 6.13%, 02/01/28 (Call 02/01/25)^(b)		190		180,715
Silgan Holdings Inc.
1.40%, 04/01/26 (Call 03/01/26)^(b)		227		201,186
4.13%, 02/01/28 (Call 11/16/23)		145		129,100
Sonoco Products Co.
1.80%, 02/01/25 (Call 11/13/23)		316		299,871
2.25%, 02/01/27 (Call 01/01/27)		255		224,689
Trivium Packaging Finance BV
5.50%, 08/15/26 (Call 12/01/23)^(b)		375		340,347
8.50%, 08/15/27 (Call 11/13/23)^(b)		210		175,345
WRKCo Inc.
3.75%, 03/15/25 (Call 01/15/25)		250		242,024
3.90%, 06/01/28 (Call 03/01/28)		440		399,513
4.65%, 03/15/26 (Call 01/15/26)		404		391,379


				12,307,385

Pharmaceuticals — 1.1%
AbbVie Inc.
2.60%, 11/21/24 (Call 10/21/24)		683		660,121
2.95%, 11/21/26 (Call 09/21/26)		1,472		1,362,889
3.20%, 05/14/26 (Call 02/14/26)		1,305		1,230,090
3.60%, 05/14/25 (Call 02/14/25)		1,664		1,609,647


Security	Par (000)		Value

Pharmaceuticals (continued)
3.80%, 03/15/25 (Call 12/15/24)	$	345	$	335,894
AdaptHealth LLC, 6.13%, 08/01/28 (Call 11/13/23)^(b)		125		103,322
Astrazeneca Finance LLC
1.20%, 05/28/26 (Call 04/28/26)		384		345,270
1.75%, 05/28/28 (Call 03/28/28)		430		365,558
4.88%, 03/03/28 (Call 02/03/28)		290		283,054
AstraZeneca PLC
0.70%, 04/08/26 (Call 03/08/26)		632		565,055
3.13%, 06/12/27 (Call 03/12/27)		80		73,995
3.38%, 11/16/25		833		799,879
Bausch Health Americas Inc.
8.50%, 01/31/27 (Call 12/01/23)^(b)(c)		215		96,600
9.25%, 04/01/26 (Call 12/01/23)^(b)(c)		260		228,704
Bausch Health Companies Inc.
4.88%, 06/01/28 (Call 06/01/24)^(b)(c)		515		255,817
5.00%, 01/30/28 (Call 11/16/23)^(b)(c)		125		46,014
5.50%, 11/01/25 (Call 12/01/23)^(b)		545		471,646
5.75%, 08/15/27 (Call 11/16/23)^(b)(c)		160		84,878
6.13%, 02/01/27 (Call 02/01/24)^(b)(c)		320		178,299
7.00%, 01/15/28 (Call 11/16/23)^(b)		60		24,977
9.00%, 12/15/25 (Call 12/01/23)^(b)(c)		320		279,500
11.00%, 09/30/28^(b)(c)		600		365,944
Bayer Corp., 6.65%, 02/15/28^(b)		5		5,101
Bayer U.S. Finance II LLC, 4.25%, 12/15/25 (Call 10/15/25)^(b)		1,020		979,908
Becton Dickinson and Co.
3.70%, 06/06/27 (Call 03/06/27)		712		662,897
3.73%, 12/15/24 (Call 09/15/24)		397		387,285
4.69%, 02/13/28 (Call 01/13/28)		590		564,576
Bristol-Myers Squibb Co.
0.75%, 11/13/25 (Call 10/13/25)		518		472,328
1.13%, 11/13/27 (Call 09/13/27)		410		348,259
3.20%, 06/15/26 (Call 04/15/26)		738		699,116
3.25%, 02/27/27		5		4,682
3.45%, 11/15/27 (Call 08/15/27)		55		51,094
3.90%, 02/20/28 (Call 11/20/27)		600		563,644
Cardinal Health Inc.
3.41%, 06/15/27 (Call 03/15/27)		242		221,723
3.50%, 11/15/24 (Call 08/15/24)^(c)		359		349,581
3.75%, 09/15/25 (Call 06/15/25)		313		300,316
Cencora Inc.
3.25%, 03/01/25 (Call 12/01/24)		280		271,064
3.45%, 12/15/27 (Call 09/15/27)		10		9,210
Cheplapharm Arzneimittel GmbH, 5.50%, 01/15/28 (Call 01/15/24)^(b)		200		178,776
Cigna Group (The)
1.25%, 03/15/26 (Call 02/15/26)		374		336,453
3.05%, 10/15/27 (Call 07/15/27)		35		31,629
3.25%, 04/15/25 (Call 01/15/25)		430		414,608
3.40%, 03/01/27 (Call 12/01/26)		579		536,691
4.13%, 11/15/25 (Call 09/15/25)		679		657,872
4.38%, 10/15/28 (Call 07/15/28)		1,000		934,660
4.50%, 02/25/26 (Call 11/27/25)		600		582,194
CVS Health Corp.
1.30%, 08/21/27 (Call 06/21/27)		912		769,257
2.88%, 06/01/26 (Call 03/01/26)		744		690,972
3.00%, 08/15/26 (Call 06/15/26)		472		437,574
3.63%, 04/01/27 (Call 02/01/27)		402		373,210
3.88%, 07/20/25 (Call 04/20/25)		1,176		1,137,562
4.10%, 03/25/25 (Call 01/25/25)		335		327,925


Security	Par (000)		Value

Pharmaceuticals (continued)
4.30%, 03/25/28 (Call 12/25/27)	$	1,780	$	1,667,558
5.00%, 02/20/26 (Call 01/20/26)		340		333,379
6.25%, 06/01/27		30		30,408
Elanco Animal Health Inc., 6.65%, 08/28/28 (Call 05/28/28)^(c)		250		239,096
EMD Finance LLC, 3.25%, 03/19/25 (Call 12/19/24)^(b)		722		695,093
GlaxoSmithKline Capital Inc.
3.63%, 05/15/25		313		304,624
3.88%, 05/15/28		500		468,683
Grifols Escrow Issuer SA, 4.75%, 10/15/28 (Call 10/15/24)^(b)		225		188,564
Herbalife Nutrition Ltd./HLF Financing Inc., 7.88%, 09/01/25 (Call 12/01/23)^(b)		195		183,461
Hikma Finance USA LLC, 3.25%, 07/09/25^(d)		200		187,436
Johnson & Johnson
0.55%, 09/01/25 (Call 08/01/25)		560		514,332
0.95%, 09/01/27 (Call 07/01/27)		540		461,829
2.45%, 03/01/26 (Call 12/01/25)		375		352,111
2.63%, 01/15/25 (Call 11/15/24)		351		340,292
2.90%, 01/15/28 (Call 10/15/27)		610		558,401
2.95%, 03/03/27 (Call 12/03/26)		145		135,105
McKesson Corp.
0.90%, 12/03/25 (Call 11/03/25)		135		122,377
1.30%, 08/15/26 (Call 07/15/26)		342		303,275
4.90%, 07/15/28 (Call 06/15/28)		90		87,319
5.25%, 02/15/26 (Call 02/15/24)		10		9,888
Mead Johnson Nutrition Co., 4.13%, 11/15/25 (Call 08/15/25)		590		572,026
Merck & Co. Inc.
0.75%, 02/24/26 (Call 01/24/26)		415		373,783
1.70%, 06/10/27 (Call 05/10/27)		280		246,805
2.75%, 02/10/25 (Call 11/10/24)		660		638,426
4.05%, 05/17/28 (Call 04/17/28)^(c)		160		152,318
Mylan Inc., 4.55%, 04/15/28 (Call 01/15/28)		70		63,789
Novartis Capital Corp.
1.75%, 02/14/25 (Call 01/14/25)		465		443,931
2.00%, 02/14/27 (Call 12/14/26)		435		391,495
3.00%, 11/20/25 (Call 08/20/25)		930		886,648
3.10%, 05/17/27 (Call 02/17/27)		185		171,619
Organon & Co./Organon Foreign Debt Co.-Issuer BV, 4.13%, 04/30/28 (Call 04/30/24)^(b)		720		622,006
Owens & Minor Inc., 4.38%, 12/15/24 (Call 09/15/24)		100		96,362
P&L Development LLC/PLD Finance Corp., 7.75%, 11/15/25 (Call 12/01/23)^(b)		150		100,727
Perrigo Finance Unlimited Co.
3.90%, 12/15/24 (Call 09/15/24)		275		267,104
4.38%, 03/15/26 (Call 12/15/25)		265		248,816
Pfizer Inc.
0.80%, 05/28/25 (Call 04/28/25)		536		498,501
2.75%, 06/03/26		412		385,969
3.00%, 12/15/26		425		395,772
3.60%, 09/15/28 (Call 06/15/28)		300		277,302
Pfizer Investment Enterprises Pte Ltd.
4.45%, 05/19/26 (Call 04/19/26)		1,325		1,293,330
4.45%, 05/19/28 (Call 04/19/28)		1,380		1,318,496
Pfizer Investment Enterprises Pte. Ltd., 4.65%, 05/19/25		390		385,065
PRA Health Sciences Inc., 2.88%, 07/15/26 (Call 12/01/23)^(b)		195		179,063


Security	Par (000)		Value

Pharmaceuticals (continued)
Prestige Brands Inc., 5.13%, 01/15/28 (Call 12/01/23)^(b)	$	150	$	138,517
Shire Acquisitions Investments Ireland DAC, 3.20%, 09/23/26 (Call 06/23/26)		1,162		1,081,768
Teva Pharmaceutical Finance Netherlands III BV 3.15%, 10/01/26		1,100		965,992
4.75%, 05/09/27 (Call 02/09/27)		300		271,695
6.75%, 03/01/28 (Call 12/01/27)^(c)		600		573,837
Utah Acquisition Sub Inc., 3.95%, 06/15/26 (Call 03/15/26)		817		764,892
Viatris Inc.
1.65%, 06/22/25 (Call 05/22/25)		364		338,036
2.30%, 06/22/27 (Call 04/22/27)		250		214,163
Zoetis Inc.
3.00%, 09/12/27 (Call 06/12/27)		102		92,620
3.90%, 08/20/28 (Call 05/20/28)		100		92,906
4.50%, 11/13/25 (Call 08/13/25)		70		68,277
5.40%, 11/14/25 (Call 10/14/25)		15		14,890


				44,877,497

Pipelines — 1.0%
Antero Midstream Partners LP/Antero Midstream Finance Corp.
5.75%, 03/01/27 (Call 11/16/23)^(b)		230		220,021
5.75%, 01/15/28 (Call 11/16/23)^(b)		220		206,532
7.88%, 05/15/26 (Call 11/16/23)^(b)		205		206,906
Blue Racer Midstream LLC/Blue Racer Finance Corp.
6.63%, 07/15/26 (Call 12/01/23)^(b)		130		126,513
7.63%, 12/15/25 (Call 12/01/23)^(b)		235		235,310
Boardwalk Pipelines LP
4.45%, 07/15/27 (Call 04/15/27)		195		182,737
4.95%, 12/15/24 (Call 09/15/24)		449		442,218
5.95%, 06/01/26 (Call 03/01/26)		60		59,490
Buckeye Partners LP
3.95%, 12/01/26 (Call 09/01/26)		200		182,387
4.13%, 03/01/25 (Call 02/01/25)^(b)		195		185,946
4.13%, 12/01/27 (Call 09/01/27)		155		134,729
4.50%, 03/01/28 (Call 12/01/27)^(b)		175		153,149
Cheniere Corpus Christi Holdings LLC
5.13%, 06/30/27 (Call 01/01/27)		642		619,535
5.88%, 03/31/25 (Call 10/02/24)		611		607,896
CNPC Global Capital Ltd., 1.35%, 06/23/25 (Call 05/23/25)^(d)		400		372,723
Colorado Interstate Gas Co. LLC/Colorado Interstate Issuing Corp., 4.15%, 08/15/26 (Call 05/15/26)^(b)		205		193,812
Columbia Pipeline Group Inc., 4.50%, 06/01/25 (Call 03/01/25)		271		264,411
Columbia Pipelines Holding Co. LLC
6.04%, 08/15/28 (Call 07/15/28)^(b)		940		923,844
6.05%, 08/15/26 (Call 07/15/26)^(b)		205		204,541
Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp.
5.63%, 05/01/27 (Call 11/16/23)^(b)		220		211,601
5.75%, 04/01/25 (Call 12/01/23)		165		162,945
DCP Midstream Operating LP
5.38%, 07/15/25 (Call 04/15/25)		442		436,791
5.63%, 07/15/27 (Call 04/15/27)		259		254,386
Delek Logistics Partners LP/Delek Logistics Finance Corp.
6.75%, 05/15/25 (Call 12/01/23)^(c)		90		88,847


Security	Par (000)		Value

Pipelines (continued)
7.13%, 06/01/28 (Call 06/01/24)^(b)	$	150	$	136,989
Enbridge Energy Partners LP, 5.88%, 10/15/25 (Call 07/15/25)		10		9,977
Enbridge Inc.
1.60%, 10/04/26 (Call 09/04/26)		387		343,554
2.50%, 01/15/25 (Call 12/15/24)		381		365,446
2.50%, 02/14/25		112		107,109
3.70%, 07/15/27 (Call 04/15/27)		145		133,843
4.25%, 12/01/26 (Call 09/01/26)		125		118,727
Energy Transfer LP
2.90%, 05/15/25 (Call 04/15/25)		443		421,956
3.90%, 07/15/26 (Call 04/15/26)		225		212,480
4.00%, 10/01/27 (Call 07/01/27)		285		262,372
4.05%, 03/15/25 (Call 12/15/24)		433		421,001
4.20%, 04/15/27 (Call 01/15/27)		340		318,217
4.40%, 03/15/27 (Call 12/15/26)		102		96,093
4.75%, 01/15/26 (Call 10/15/25)		383		371,754
4.95%, 06/15/28 (Call 03/15/28)		720		680,453
5.50%, 06/01/27 (Call 03/01/27)		124		120,887
5.55%, 02/15/28 (Call 01/15/28)		370		359,356
5.95%, 12/01/25 (Call 09/01/25)		170		169,105
6.05%, 12/01/26 (Call 11/01/26)		250		249,681
6.10%, 12/01/28 (Call 11/01/28)		60		59,286
EnLink Midstream LLC, 5.63%, 01/15/28 (Call 07/15/27)^(b)		175		165,033
EnLink Midstream Partners LP
4.15%, 06/01/25 (Call 03/01/25)		149		143,289
4.85%, 07/15/26 (Call 04/15/26)		190		179,093
Enterprise Products Operating LLC
3.70%, 02/15/26 (Call 11/15/25)		102		97,516
3.75%, 02/15/25 (Call 11/15/24)		615		598,768
3.95%, 02/15/27 (Call 11/15/26)		95		89,865
5.05%, 01/10/26		285		281,634
5.38%, 02/15/78 (Call 02/15/28), (3-mo. SOFR + 2.832%)^(a)		5		4,270
Series E, 5.25%, 08/16/77 (Call 08/16/27), (3-mo. SOFR + 3.295%)^(a)		715		614,279
EQM Midstream Partners LP
4.13%, 12/01/26 (Call 09/01/26)		195		181,122
5.50%, 07/15/28 (Call 04/15/28)		275		256,779
6.00%, 07/01/25 (Call 04/01/25)^(b)		145		142,232
6.50%, 07/01/27 (Call 01/01/27)^(b)		320		312,542
7.50%, 06/01/27 (Call 06/01/24)^(b)		205		203,635
Florida Gas Transmission Co. LLC, 4.35%, 07/15/25 (Call 04/15/25)^(b)		345		333,793
FTAI Infra Escrow Holdings LLC, 10.50%, 06/01/27 (Call 06/01/25)^(b)		205		200,810
Galaxy Pipeline Assets Bidco Ltd., 1.75%, 09/30/27^(d)		259		237,505
Genesis Energy LP/Genesis Energy Finance Corp.
6.25%, 05/15/26 (Call 12/01/23)		130		124,005
6.50%, 10/01/25 (Call 12/01/23)		209		204,803
7.75%, 02/01/28 (Call 12/01/23)		220		207,480
8.00%, 01/15/27 (Call 01/15/24)		347		333,717
Global Partners LP/GLP Finance Corp., 7.00%, 08/01/27 (Call 11/16/23)		145		136,625
Gray Oak Pipeline LLC, 2.60%, 10/15/25 (Call 09/15/25)^(b)		300		277,615
Gulfstream Natural Gas System LLC
4.60%, 09/15/25 (Call 06/15/25)^(b)		283		273,127
6.19%, 11/01/25^(b)		100		99,129


Security	Par (000)		Value

Pipelines (continued)
Harvest Midstream I LP, 7.50%, 09/01/28 (Call 12/01/23)^(b)	$	250	$	237,621
Hess Midstream Operations LP
5.13%, 06/15/28 (Call 12/01/23)^(b)		150		139,056
5.63%, 02/15/26 (Call 12/01/23)^(b)		288		280,609
Holly Energy Partners LP/Holly Energy Finance Corp.
5.00%, 02/01/28 (Call 11/16/23)^(b)		200		185,239
6.38%, 04/15/27 (Call 04/15/24)^(b)		175		170,430
Howard Midstream Energy Partners LLC
6.75%, 01/15/27 (Call 01/15/24)^(b)		160		151,792
8.88%, 07/15/28 (Call 07/15/25)^(b)		175		176,469
KazTransGas JSC, 4.38%, 09/26/27^(d)		200		182,182
Kinder Morgan Inc.
1.75%, 11/15/26 (Call 10/15/26)		250		221,437
4.30%, 06/01/25 (Call 03/01/25)		665		647,229
4.30%, 03/01/28 (Call 12/01/27)		480		447,638
Magellan Midstream Partners LP, 5.00%, 03/01/26 (Call 12/01/25)		175		170,750
Martin Midstream Partners LP/Martin Midstream Finance Corp., 11.50%, 02/15/28 (Call 08/15/25)^(b)(c)		120		117,816
MPLX LP
1.75%, 03/01/26 (Call 02/01/26)		624		566,031
4.00%, 02/15/25 (Call 11/15/24)		224		218,063
4.00%, 03/15/28 (Call 12/15/27)		5		4,581
4.13%, 03/01/27 (Call 12/01/26)		497		467,119
4.25%, 12/01/27 (Call 09/01/27)		300		279,014
4.88%, 12/01/24 (Call 09/01/24)		456		449,890
4.88%, 06/01/25 (Call 03/01/25)		498		488,358
New Fortress Energy Inc.
6.50%, 09/30/26 (Call 12/01/23)^(b)		495		443,123
6.75%, 09/15/25 (Call 11/21/23)^(b)		443		411,760
NGL Energy Operating LLC/NGL Energy Finance Corp., 7.50%, 02/01/26 (Call 12/01/23)^(b)		725		707,906
NGL Energy Partners LP/NGL Energy Finance Corp.
6.13%, 03/01/25 (Call 12/01/23)		116		113,537
7.50%, 04/15/26 (Call 12/01/23)		109		103,643
NGPL PipeCo LLC, 4.88%, 08/15/27 (Call 02/15/27)^(b)		157		147,297
Northriver Midstream Finance LP, 5.63%, 02/15/26 (Call 12/01/23)^(b)		205		194,538
Northwest Pipeline LLC, 4.00%, 04/01/27 (Call 01/01/27)		125		117,147
NuStar Logistics LP
5.63%, 04/28/27 (Call 01/28/27)		190		180,337
5.75%, 10/01/25 (Call 07/01/25)		247		239,698
6.00%, 06/01/26 (Call 03/01/26)		195		188,781
ONEOK Inc.
4.00%, 07/13/27 (Call 04/13/27)		50		46,509
4.55%, 07/15/28 (Call 04/15/28)		455		424,438
4.90%, 03/15/25 (Call 12/15/24)		45		44,215
5.55%, 11/01/26 (Call 10/01/26)		345		340,837
5.65%, 11/01/28 (Call 10/01/28)		325		317,191
5.85%, 01/15/26 (Call 12/15/25)		360		359,292
Plains All American Pipeline LP/PAA Finance Corp.
3.60%, 11/01/24 (Call 08/01/24)		429		418,320
4.50%, 12/15/26 (Call 09/15/26)		55		52,405
4.65%, 10/15/25 (Call 07/15/25)		482		466,924


Security	Par (000)		Value

Pipelines (continued)
Rockies Express Pipeline LLC, 3.60%, 05/15/25 (Call 04/15/25)^(b)	$	160	$	151,411
Sabine Pass Liquefaction LLC 4.20%, 03/15/28 (Call 09/15/27)		500		460,102
5.00%, 03/15/27 (Call 09/15/26)		597		574,859
5.63%, 03/01/25 (Call 12/01/24)		939		932,891
5.88%, 06/30/26 (Call 12/31/25)		436		432,714
Southern Gas Corridor CJSC, 6.88%, 03/24/26^(d)		600		591,832
Spectra Energy Partners LP 3.38%, 10/15/26 (Call 07/15/26)		240		223,356
3.50%, 03/15/25 (Call 12/15/24)		266		256,691
Summit Midstream Holdings LLC/Summit Midstream Finance Corp.
5.75%, 04/15/25 (Call 12/01/23)^(c)		95		89,586
9.00%, 10/15/26 (Call 12/01/23)^(b)(g)		260		249,611
Tallgrass Energy Partners LP/Tallgrass Energy Finance Corp.
5.50%, 01/15/28 (Call 12/01/23)^(b)		260		228,822
6.00%, 03/01/27 (Call 12/01/23)^(b)		165		151,429
7.50%, 10/01/25 (Call 12/01/23)^(b)		225		222,225
Targa Resources Corp. 5.20%, 07/01/27 (Call 06/01/27)		387		374,496
6.50%, 07/15/27 (Call 12/01/23)		165		163,093
TC PipeLines LP 3.90%, 05/25/27 (Call 02/25/27)		10		9,265
4.38%, 03/13/25 (Call 12/13/24)		287		280,355
Tennessee Gas Pipeline Co. LLC, 7.00%, 03/15/27		5		5,115
TransCanada PipeLines Ltd. 4.25%, 05/15/28 (Call 02/15/28)		500		462,201
4.88%, 01/15/26 (Call 10/15/25)		85		82,939
Transcontinental Gas Pipe Line Co. LLC, 7.85%, 02/01/26 (Call 11/01/25)		435		449,138
TransMontaigne Partners LP/TLP Finance Corp., 6.13%, 02/15/26 (Call 11/16/23)		100		85,718
Transportadora de Gas del Sur SA, 6.75%, 05/02/25 (Call 11/10/23)^(d)		150		138,175
Valero Energy Partners LP, 4.50%, 03/15/28 (Call 12/15/27)		465		437,629
Venture Global LNG Inc., 8.13%, 06/01/28 (Call 06/01/25)^(b)		730		708,742
Western Midstream Operating LP 3.10%, 02/01/25 (Call 01/01/25)		308		296,000
3.95%, 06/01/25 (Call 03/01/25)		185		177,949
4.50%, 03/01/28 (Call 12/01/27)		5		4,609
4.65%, 07/01/26 (Call 04/01/26)		235		225,065
4.75%, 08/15/28 (Call 05/15/28)		5		4,649
Williams Companies Inc. (The) 3.75%, 06/15/27 (Call 03/15/27)		572		528,454
3.90%, 01/15/25 (Call 10/15/24)^(c)		421		409,945
4.00%, 09/15/25 (Call 06/15/25)		350		336,634
5.30%, 08/15/28 (Call 07/15/28)		515		496,507
5.40%, 03/02/26		285		281,620


				38,777,271

Private Equity — 0.0%
Apollo Management Holdings LP, 4.40%, 05/27/26 (Call 02/27/26)^(b)		125		118,756


Real Estate — 0.2%
Agile Group Holdings Ltd., 5.75%, 01/02/25 (Call 11/30/23)^(d)(h)(i)		200		22,379
Aldar Sukuk Ltd., 4.75%, 09/29/25^(d)		200		194,429


Security	Par (000)		Value

Real Estate (continued)
Arabian Centres Sukuk II Ltd., 5.63%, 10/07/26^(d)	$	400	$	359,251
Arada Sukuk Ltd., 8.13%, 06/08/27^(d)		200		202,401
Brookfield Asset Management Inc., 4.00%, 01/15/25 (Call 10/15/24)		105		102,194
CBRE Services Inc., 4.88%, 03/01/26 (Call 12/01/25)		230		222,381
Central Plaza Development Ltd. 3.85%, 07/14/25^(d)		200		140,004
4.65%, 01/19/26 (Call 10/19/25)^(d)		200		130,227
5.75%, (Call 11/14/24), (5-year CMT + 8.066%)^(a)(d)(e)		200		148,420
China Overseas Finance Cayman VII Ltd., 4.75%, 04/26/28^(d)		200		185,244
China Overseas Finance Cayman VIII Ltd., 2.38%, 03/02/25^(d)		200		189,247
China Overseas Grand Oceans Finance IV Cayman Ltd., 2.45%, 02/09/26 (Call 11/09/25)^(d)		200		164,260
China Resources Land Ltd., 3.75%, (Call 12/09/24), (5-year CMT + 5.139%)^(a)(d)(e)		400		383,195
CK Property Finance MTN Ltd., 1.38%, 06/30/26^(d)		200		178,073
Cushman & Wakefield U.S. Borrower LLC, 6.75%, 05/15/28 (Call 12/01/23)^(b)(c)		220		200,763
Dar Al-Arkan Sukuk Co. Ltd., 6.75%, 02/15/25^(d)		200		197,678
DIFC Sukuk Ltd., 4.33%, 11/12/24^(d)		200		195,258
Ease Trade Global Ltd., 4.00%, 11/10/25^(d)		200		184,081
Elect Global Investments Ltd., 4.10%, (Call 06/03/25), (5-year CMT + 2.887%)^(a)(d)(e)		200		158,000
Emaar Sukuk Ltd., 3.64%, 09/15/26^(d)		400		373,963
Five Point Operating Co. LP/Five Point Capital Corp., 7.88%, 11/15/25 (Call 12/01/23)^(b)(c)		205		193,491
Franshion Brilliant Ltd., 3.20%, 04/09/26^(d)		400		294,218
Fuqing Investment management Co., 3.25%, 06/23/25^(d)		200		121,273
GAIF Bond Issuer Pty Ltd., 3.40%, 09/30/26 (Call 06/30/26)^(b)(c)		350		325,812
Hongkong Land Finance Cayman Islands Co. Ltd. (The), 4.50%, 10/07/25^(d)		200		195,055
Howard Hughes Corp. (The), 5.38%, 08/01/28 (Call 12/01/23)^(b)		250		219,996
Hysan MTN Ltd., 2.88%, 06/02/27 (Call 03/02/27)^(d)		200		177,314
LOTTE Property & Development Co. Ltd., 4.50%, 08/01/25^(d)		200		195,009
MAF Global Securities Ltd., 7.88%, (Call 06/30/27), (5-year CMT + 4.893%)^(a)(d)(e)		200		197,580
MAF Sukuk Ltd., 4.50%, 11/03/25^(d)		200		193,251
Nan Fung Treasury Ltd., 3.88%, 10/03/27^(d)		200		177,436
Ontario Teachers’ Cadillac Fairview Properties Trust, 3.88%, 03/20/27 (Call 12/20/26)^(b)		220		201,341
RKPF Overseas 2020 A Ltd., 5.20%, 01/12/26 (Call 01/12/24)^(d)		400		125,013
Sinochem Offshore Capital Co. Ltd.
1.50%, 11/24/24 (Call 10/24/24)^(d)		200		190,653
1.63%, 10/29/25^(d)		200		183,249
2.25%, 11/24/26 (Call 10/24/26)^(d)		400		358,113
Swire Properties MTN Financing Ltd., 3.63%, 01/13/26^(d)		400		381,892
Vanke Real Estate Hong Kong Co. Ltd.
3.15%, 05/12/25^(d)		200		110,923
3.98%, 11/09/27^(d)		400		177,277
Westwood Group Holdings Ltd., 2.80%, 01/20/26^(d).		200		177,903
Wharf REIC Finance BVI Ltd., 2.38%, 05/07/25^(d)		200		188,860


Security	Par (000)		Value

Real Estate (continued)
Yanlord Land HK Co. Ltd., 5.13%, 05/20/26 (Call 05/20/24)^(d)	$	200	$	100,305


				8,417,412

Real Estate Investment Trusts — 1.1%
Agree LP, 2.00%, 06/15/28 (Call 04/15/28)		50		40,958
Alexandria Real Estate Equities Inc.
3.45%, 04/30/25 (Call 02/28/25)		352		338,580
3.80%, 04/15/26 (Call 02/15/26)		59		56,031
3.95%, 01/15/28 (Call 10/15/27)		418		383,374
4.30%, 01/15/26 (Call 10/15/25)		115		110,773
American Tower Corp.
1.30%, 09/15/25 (Call 08/15/25)		300		274,192
1.45%, 09/15/26 (Call 08/15/26)		347		304,485
1.50%, 01/31/28 (Call 11/30/27)		40		32,912
1.60%, 04/15/26 (Call 03/15/26)		399		357,362
2.40%, 03/15/25 (Call 02/15/25)		360		341,880
2.75%, 01/15/27 (Call 11/15/26)		134		120,388
2.95%, 01/15/25 (Call 12/15/24)		322		309,913
3.13%, 01/15/27 (Call 10/15/26)		295		267,895
3.38%, 10/15/26 (Call 07/15/26)		237		219,383
3.55%, 07/15/27 (Call 04/15/27)		79		71,924
3.60%, 01/15/28 (Call 10/15/27)		40		35,994
3.65%, 03/15/27 (Call 02/15/27)		387		356,309
4.00%, 06/01/25 (Call 03/01/25)		169		163,312
4.40%, 02/15/26 (Call 11/15/25)		170		163,672
5.25%, 07/15/28 (Call 06/15/28)		595		567,859
5.50%, 03/15/28 (Call 02/15/28)		340		329,415
5.80%, 11/15/28 (Call 10/15/28)		275		268,590
AvalonBay Communities Inc.
2.90%, 10/15/26 (Call 07/15/26)		50		46,304
2.95%, 05/11/26 (Call 02/11/26)		115		107,439
3.35%, 05/15/27 (Call 02/15/27)		173		159,455
3.45%, 06/01/25 (Call 03/03/25)		291		280,360
3.50%, 11/15/24 (Call 08/15/24)		212		207,017
3.50%, 11/15/25 (Call 08/15/25)		110		104,951
Blackstone Mortgage Trust Inc., 3.75%, 01/15/27 (Call 10/15/26)^(b)(c)		130		108,198
Boston Properties LP
2.75%, 10/01/26 (Call 07/01/26)		370		327,112
3.20%, 01/15/25 (Call 10/15/24)		390		373,207
3.65%, 02/01/26 (Call 11/03/25)		380		353,184
6.75%, 12/01/27 (Call 11/01/27)		420		413,067
Brandywine Operating Partnership LP
3.95%, 11/15/27 (Call 08/15/27)		150		124,500
7.80%, 03/15/28 (Call 02/15/28)^(c)		30		27,067
Brixmor Operating Partnership LP
2.25%, 04/01/28 (Call 02/01/28)		390		325,594
3.85%, 02/01/25 (Call 11/01/24)		345		332,316
3.90%, 03/15/27 (Call 12/15/26)		70		64,050
4.13%, 06/15/26 (Call 03/15/26)		80		75,222
Brookfield Property REIT Inc./BPR Cumulus LLC/BPR Nimbus LLC/GGSI Sellco LL
4.50%, 04/01/27 (Call 12/01/23)^(b)		255		212,512
5.75%, 05/15/26 (Call 11/13/23)^(b)		335		306,878
Corporate Office Properties LP, 2.25%, 03/15/26 (Call 02/15/26)		249		225,017
Crown Castle Inc.
4.80%, 09/01/28 (Call 08/01/28)		10		9,349
5.00%, 01/11/28 (Call 12/11/27)		515		488,695
Crown Castle International Corp.
1.05%, 07/15/26 (Call 06/15/26)		522		456,304


Security	Par (000)		Value

Real Estate Investment Trusts (continued)
1.35%, 07/15/25 (Call 06/15/25)	$	322	$	296,895
2.90%, 03/15/27 (Call 02/15/27)		402		360,136
3.65%, 09/01/27 (Call 06/01/27)		67		60,885
3.70%, 06/15/26 (Call 03/15/26)		427		401,152
3.80%, 02/15/28 (Call 11/15/27)		565		509,415
4.00%, 03/01/27 (Call 12/01/26)		5		4,655
4.45%, 02/15/26 (Call 11/15/25)		262		252,322
CTR Partnership LP/CareTrust Capital Corp., 3.88%, 06/30/28 (Call 03/30/28)^(b)		125		105,872
CubeSmart LP, 4.00%, 11/15/25 (Call 08/15/25)		82		78,525
Digital Realty Trust LP
3.70%, 08/15/27 (Call 05/15/27)		410		374,602
5.55%, 01/15/28 (Call 12/15/27)		583		565,044
Diversified Healthcare Trust
4.75%, 02/15/28 (Call 08/15/27)		165		120,194
9.75%, 06/15/25 (Call 11/16/23)		197		191,177
EPR Properties
4.50%, 04/01/25 (Call 01/01/25)		150		144,832
4.50%, 06/01/27 (Call 03/01/27)		112		98,722
4.75%, 12/15/26 (Call 09/15/26)		145		132,199
4.95%, 04/15/28 (Call 01/15/28)		310		270,045
Equinix Inc.
1.00%, 09/15/25 (Call 08/15/25)		320		291,485
1.25%, 07/15/25 (Call 06/15/25)		225		207,559
1.45%, 05/15/26 (Call 04/15/26)		315		281,419
1.55%, 03/15/28 (Call 01/15/28)		230		190,748
1.80%, 07/15/27 (Call 05/15/27)		215		184,137
2.63%, 11/18/24 (Call 10/18/24)		427		412,310
2.90%, 11/18/26 (Call 09/18/26)		39		35,560
ERP Operating LP
2.85%, 11/01/26 (Call 08/01/26)		145		133,258
3.50%, 03/01/28 (Call 12/01/27)		40		36,272
Essex Portfolio LP
1.70%, 03/01/28 (Call 01/01/28)		475		394,100
3.38%, 04/15/26 (Call 01/15/26)		85		80,025
3.50%, 04/01/25 (Call 01/01/25)		160		153,896
3.63%, 05/01/27 (Call 02/01/27)		70		64,230
Extra Space Storage LP
3.50%, 07/01/26 (Call 04/01/26)		50		46,540
3.88%, 12/15/27 (Call 09/15/27)		440		400,065
5.70%, 04/01/28 (Call 03/01/28)		55		53,598
Federal Realty Investment Trust
1.25%, 02/15/26 (Call 01/15/26)		80		71,863
3.25%, 07/15/27 (Call 04/15/27)		5		4,516
Federal Realty OP LP, 5.38%, 05/01/28 (Call 04/01/28)		490		471,908
Global Net Lease Inc./Global Net Lease Operating Partnership LP, 3.75%, 12/15/27 (Call 09/15/27)^(b)		180		136,592
GLP Capital LP/GLP Financing II Inc.
5.25%, 06/01/25 (Call 03/01/25)		315		307,182
5.38%, 04/15/26 (Call 01/15/26)		380		364,470
5.75%, 06/01/28 (Call 03/03/28)		22		20,683
Goodman U.S. Finance Three LLC, 3.70%, 03/15/28 (Call 12/15/27)^(b)		5		4,451
HAT Holdings I LLC/HAT Holdings II LLC
3.38%, 06/15/26 (Call 03/15/26)^(b)(c)		353		310,900
6.00%, 04/15/25 (Call 12/01/23)^(b)(c)		150		145,779
Healthcare Realty Holdings LP
3.50%, 08/01/26 (Call 05/01/26)		75		69,434
3.75%, 07/01/27 (Call 04/01/27)		59		53,906


Security	Par (000)		Value

Real Estate Investment Trusts (continued)
Healthpeak Properties Inc.
1.35%, 02/01/27 (Call 01/01/27)	$	50	$	43,020
3.25%, 07/15/26 (Call 05/15/26)		55		51,439
3.40%, 02/01/25 (Call 11/01/24)		52		50,241
4.00%, 06/01/25 (Call 03/01/25)		390		377,520
Highwoods Realty LP, 4.13%, 03/15/28 (Call 12/15/27)		25		21,526
Host Hotels & Resorts LP
Series E, 4.00%, 06/15/25 (Call 03/15/25)		135		129,504
Series F, 4.50%, 02/01/26 (Call 11/01/25)		290		277,369
Hudson Pacific Properties LP
3.95%, 11/01/27 (Call 08/01/27)		295		227,675
5.95%, 02/15/28 (Call 01/15/28)^(c)		15		11,834
Iron Mountain Inc.
4.88%, 09/15/27 (Call 11/13/23)^(b)		355		325,696
5.00%, 07/15/28 (Call 11/13/23)^(b)		150		134,361
5.25%, 03/15/28 (Call 11/13/23)^(b)		280		256,321
Kilroy Realty LP
3.45%, 12/15/24 (Call 09/15/24)		320		307,817
4.38%, 10/01/25 (Call 07/01/25)		15		14,322
Kimco Realty Corp.
1.90%, 03/01/28 (Call 01/01/28)		540		448,561
2.80%, 10/01/26 (Call 07/01/26)		5		4,566
3.30%, 02/01/25 (Call 12/01/24)		137		132,007
3.80%, 04/01/27 (Call 01/01/27)		25		22,981
Kite Realty Group LP, 4.00%, 10/01/26 (Call 07/01/26)		70		63,749
Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.
4.25%, 02/01/27 (Call 12/01/23)^(b)		230		201,960
5.25%, 10/01/25 (Call 11/16/23)^(b)		155		147,508
Link Finance Cayman 2009 Ltd. (The), 2.88%, 07/21/26^(d)		200		185,692
Mid-America Apartments LP
1.10%, 09/15/26 (Call 08/15/26)		225		197,798
3.60%, 06/01/27 (Call 03/01/27)		220		204,443
4.00%, 11/15/25 (Call 08/15/25)		55		53,020
MPT Operating Partnership LP/MPT Finance Corp.
5.00%, 10/15/27 (Call 12/01/23)^(c)		465		360,229
5.25%, 08/01/26 (Call 12/01/23)^(c)		160		137,991
New Residential Investment Corp., 6.25%, 10/15/25 (Call 12/01/23)^(b)		200		189,978
NNN REIT Inc., 3.50%, 10/15/27 (Call 07/15/27)		495		449,095
Office Properties Income Trust
2.40%, 02/01/27 (Call 01/01/27)		123		68,715
2.65%, 06/15/26 (Call 05/15/26)		110		72,448
4.50%, 02/01/25 (Call 11/01/24)		215		185,769
Omega Healthcare Investors Inc.
4.50%, 01/15/25 (Call 10/15/24)		123		119,335
4.50%, 04/01/27 (Call 01/01/27)		295		271,576
5.25%, 01/15/26 (Call 10/15/25)		345		332,722
Park Intermediate Holdings LLC/PK Domestic Property LLC/PK Finance Co-Issuer
5.88%, 10/01/28 (Call 12/01/23)^(b)		225		202,642
7.50%, 06/01/25 (Call 12/01/23)^(b)		230		228,110
Physicians Realty LP
3.95%, 01/15/28 (Call 10/15/27)		215		193,018
4.30%, 03/15/27 (Call 12/15/26)		25		23,237
Piedmont Operating Partnership LP, 9.25%, 07/20/28 (Call 06/20/28)		255		253,978


Security	Par (000)		Value

Real Estate Investment Trusts (continued)
Prologis LP
2.13%, 04/15/27 (Call 02/15/27)	$	60	$	53,210
3.38%, 12/15/27 (Call 09/15/27)		460		418,969
4.88%, 06/15/28 (Call 05/15/28)		145		139,463
Public Storage Operating Co. 0.88%, 02/15/26 (Call 01/15/26)		260		233,239
1.50%, 11/09/26 (Call 10/09/26)		405		360,809
3.09%, 09/15/27 (Call 06/15/27)		50		45,774
Realty Income Corp. 0.75%, 03/15/26 (Call 02/15/26)		395		349,397
3.00%, 01/15/27 (Call 10/15/26)		225		205,161
3.65%, 01/15/28 (Call 10/15/27)		15		13,651
3.88%, 04/15/25 (Call 02/15/25)		113		109,540
3.95%, 08/15/27 (Call 05/15/27)		260		241,162
4.13%, 10/15/26 (Call 07/15/26)		275		261,599
4.63%, 11/01/25 (Call 09/01/25)		320		311,814
4.88%, 06/01/26 (Call 03/01/26)		60		58,435
Regency Centers LP, 4.13%, 03/15/28 (Call 12/15/27)		455		416,862
Rexford Industrial Realty LP, 5.00%, 06/15/28 (Call 05/15/28)		125		118,420
RHP Hotel Properties LP/RHP Finance Corp.
4.75%, 10/15/27 (Call 12/01/23)		250		227,394
7.25%, 07/15/28 (Call 07/15/25)		130		126,767
RLJ Lodging Trust LP, 3.75%, 07/01/26 (Call 12/01/23)^(b)		195		175,970
Sabra Health Care LP, 5.13%, 08/15/26 (Call 05/15/26)		267		253,186
SBA Communications Corp., 3.88%, 02/15/27 (Call 11/13/23)		505		460,547
Scentre Group Trust 1/Scentre Group Trust 2
3.25%, 10/28/25 (Call 07/30/25)^(b)		275		260,137
3.50%, 02/12/25 (Call 11/14/24)^(b)		322		311,250
3.63%, 01/28/26 (Call 12/28/25)^(b)		350		332,229
3.75%, 03/23/27 (Call 12/23/26)^(b)		295		273,177
Scentre Group Trust 2, 4.75%, 09/24/80 (Call 06/24/26), (5-year CMT + 4.379%)^(a)(b)		440		394,878
Service Properties Trust
3.95%, 01/15/28 (Call 07/15/27)		130		97,147
4.35%, 10/01/24 (Call 09/01/24)		246		235,848
4.50%, 03/15/25 (Call 09/15/24)		135		126,047
4.75%, 10/01/26 (Call 08/01/26)		145		123,222
4.95%, 02/15/27 (Call 08/15/26)		130		108,456
5.25%, 02/15/26 (Call 08/15/25)		120		107,382
5.50%, 12/15/27 (Call 09/15/27)		160		134,916
7.50%, 09/15/25 (Call 06/15/25)		300		291,481
Simon Property Group LP
1.38%, 01/15/27 (Call 10/15/26)		474		410,963
1.75%, 02/01/28 (Call 11/01/27)		330		277,080
3.30%, 01/15/26 (Call 10/15/25)		380		359,443
3.38%, 06/15/27 (Call 03/15/27)		70		64,026
3.38%, 12/01/27 (Call 09/01/27)		425		385,041
3.50%, 09/01/25 (Call 06/01/25)		412		394,748
SITE Centers Corp.
3.63%, 02/01/25 (Call 11/01/24)		214		205,781
4.25%, 02/01/26 (Call 11/01/25)		242		228,195
4.70%, 06/01/27 (Call 03/01/27)		90		83,336
Sixth Street Specialty Lending Inc., 6.95%, 08/14/28 (Call 07/14/28)		115		111,799


Security	Par (000)		Value

Real Estate Investment Trusts (continued)
Spirit Realty LP
2.10%, 03/15/28 (Call 01/15/28)	$	100	$	83,344
3.20%, 01/15/27 (Call 11/15/26)		10		9,031
Starwood Property Trust Inc.
3.63%, 07/15/26 (Call 01/15/26)^(b)		150		132,344
3.75%, 12/31/24 (Call 09/30/24)^(b)		155		146,622
4.38%, 01/15/27 (Call 07/15/26)^(b)		175		150,883
4.75%, 03/15/25 (Call 09/15/24)		185		177,684
STORE Capital Corp., 4.50%, 03/15/28 (Call 12/15/27)		15		12,966
Tanger Properties LP, 3.88%, 07/15/27 (Call 04/15/27)		25		21,992
Trust Fibra Uno
5.25%, 12/15/24 (Call 09/15/24)^(c)(d)		200		195,580
5.25%, 01/30/26 (Call 10/30/25)^(d)		200		190,536
UDR Inc., 3.50%, 07/01/27 (Call 04/01/27)		315		288,663
Uniti Group LP/Uniti Group Finance Inc./CSL Capital LLC
4.75%, 04/15/28 (Call 04/15/24)^(b)		195		156,968
10.50%, 02/15/28 (Call 09/15/25)^(b)		825		794,916
Ventas Realty LP
2.65%, 01/15/25 (Call 12/15/24)		215		205,624
3.25%, 10/15/26 (Call 07/15/26)		50		45,869
3.50%, 02/01/25 (Call 11/01/24)		266		256,352
3.85%, 04/01/27 (Call 01/01/27)		100		92,345
4.00%, 03/01/28 (Call 12/01/27)		200		182,066
4.13%, 01/15/26 (Call 10/15/25)		185		176,863
VICI Properties LP
4.38%, 05/15/25		195		188,818
4.75%, 02/15/28 (Call 01/15/28)		525		483,451
VICI Properties LP/VICI Note Co. Inc.
3.50%, 02/15/25 (Call 12/01/23)^(b)		290		277,403
3.75%, 02/15/27 (Call 12/01/23)^(b)		345		310,626
4.25%, 12/01/26 (Call 12/01/23)^(b)		542		500,525
4.50%, 09/01/26 (Call 06/01/26)^(b)		218		204,074
4.50%, 01/15/28 (Call 10/15/27)^(b)		50		45,223
4.63%, 06/15/25 (Call 03/15/25)^(b)		295		283,764
5.75%, 02/01/27 (Call 11/01/26)^(b)		80		76,875
Vornado Realty LP
2.15%, 06/01/26 (Call 05/01/26)		185		155,850
3.50%, 01/15/25 (Call 11/15/24)		220		208,912
WEA Finance LLC
2.88%, 01/15/27 (Call 11/15/26)^(b)		265		226,694
4.13%, 09/20/28 (Call 06/20/28)^(b)		5		4,219
Welltower Inc., 4.00%, 06/01/25 (Call 03/01/25)		341		329,743
Welltower OP LLC
2.70%, 02/15/27 (Call 12/15/26)		189		170,752
4.25%, 04/01/26 (Call 01/01/26)		263		251,968
4.25%, 04/15/28 (Call 01/15/28)		455		419,563
Weyerhaeuser Co., 4.75%, 05/15/26		240		233,639
WP Carey Inc., 4.00%, 02/01/25 (Call 11/01/24)		35		34,052
XHR LP, 6.38%, 08/15/25 (Call 11/13/23)^(b)		210		204,543


				43,945,623

Retail — 0.7%
1011778 BC ULC/New Red Finance Inc.
3.88%, 01/15/28 (Call 12/01/23)^(b)		550		491,457
4.38%, 01/15/28 (Call 12/01/23)^(b)		245		220,612
5.75%, 04/15/25 (Call 12/01/23)^(b)		205		203,240
7-Eleven Inc.
0.95%, 02/10/26 (Call 01/10/26)^(b)		510		456,565
1.30%, 02/10/28 (Call 12/10/27)^(b)		370		306,039


Security	Par (000)		Value

Retail (continued)
99 Escrow Issuer Inc., 7.50%, 01/15/26 (Call 12/01/23)^(b)	$	110	$	38,987
Abercrombie & Fitch Management Co., 8.75%, 07/15/25 (Call 11/16/23)^(b)		110		111,644
Academy Ltd., 6.00%, 11/15/27 (Call 11/15/23)^(b)		140		131,760
Advance Auto Parts Inc.
5.90%, 03/09/26		75		72,798
5.95%, 03/09/28 (Call 02/09/28)		405		378,708
Alimentation Couche-Tard Inc., 3.55%, 07/26/27 (Call 04/26/27)^(b)		40		36,810
Asbury Automotive Group Inc., 4.50%, 03/01/28 (Call 11/13/23)		135		119,850
AutoNation Inc.
1.95%, 08/01/28 (Call 06/01/28)		5		4,025
3.50%, 11/15/24 (Call 09/15/24)		328		317,557
4.50%, 10/01/25 (Call 07/01/25)		94		90,737
AutoZone Inc.
3.13%, 04/21/26 (Call 01/21/26)		222		207,887
3.25%, 04/15/25 (Call 01/15/25)		158		152,125
3.63%, 04/15/25 (Call 03/15/25)		275		266,220
3.75%, 06/01/27 (Call 03/01/27)		35		32,710
4.50%, 02/01/28 (Call 01/01/28)		330		311,953
5.05%, 07/15/26		125		122,938
6.25%, 11/01/28 (Call 10/01/28)		125		126,271
Bath & Body Works Inc.
5.25%, 02/01/28		200		184,210
6.69%, 01/15/27		110		106,438
9.38%, 07/01/25^(b)		140		144,244
BCPE Ulysses Intermediate Inc., 7.75%, 04/01/27 (Call 12/01/23), (8.50% PIK)^(b)(f)		130		110,176
Beacon Roofing Supply Inc., 4.50%, 11/15/26 (Call 12/01/23)^(b)		115		107,299
Carvana Co., 12.00%, 12/01/28 (Call 08/15/24), (12% PIK)^(b)(c)(f)		49		36,621
CEC Entertainment LLC, 6.75%, 05/01/26 (Call 12/01/23)^(b)		225		210,477
Chengdu Communications Investment Group Co. Ltd., 4.75%, 12/13/27^(d)		200		190,945
Costco Wholesale Corp.
1.38%, 06/20/27 (Call 04/20/27)		562		488,934
3.00%, 05/18/27 (Call 02/18/27)		212		196,384
Darden Restaurants Inc., 3.85%, 05/01/27 (Call 02/01/27)		21		19,478
Dave & Buster’s Inc., 7.63%, 11/01/25 (Call 12/01/23)^(b)		172		170,743
Dollar General Corp.
3.88%, 04/15/27 (Call 01/15/27)		197		183,716
4.63%, 11/01/27 (Call 10/01/27)		250		237,377
5.20%, 07/05/28 (Call 06/05/28)^(c)		110		105,658
Dollar Tree Inc.
4.00%, 05/15/25 (Call 03/15/25)		397		384,430
4.20%, 05/15/28 (Call 02/15/28)		842		775,613
eG Global Finance PLC
6.75%, 02/07/25 (Call 11/13/23)^(b)		275		271,949
8.50%, 10/30/25 (Call 12/01/23)^(b)		213		210,192
El Puerto de Liverpool SAB de CV, 3.88%, 10/06/26^(d)		200		186,329
Evergreen Acqco 1 LP/TVI Inc., 9.75%, 04/26/28 (Call 02/15/25)^(b)(c)		180		181,619
Ferrellgas LP/Ferrellgas Finance Corp., 5.38%, 04/01/26 (Call 12/01/23)^(b)		240		224,804


Security	Par (000)		Value

Retail (continued)
FirstCash Inc., 4.63%, 09/01/28 (Call 12/01/23)^(b)	$	175	$	153,857
Genuine Parts Co.
1.75%, 02/01/25 (Call 11/13/23)		5		4,725
6.50%, 11/01/28 (Call 10/01/28)		125		124,905
Group 1 Automotive Inc., 4.00%, 08/15/28 (Call 12/01/23)^(b)		250		215,611
Guitar Center Inc., 8.50%, 01/15/26 (Call 11/13/23)^(b)(c)		175		147,515
Home Depot Inc. (The) 0.90%, 03/15/28 (Call 01/15/28)		12		9,952
2.13%, 09/15/26 (Call 06/15/26)		290		265,460
2.50%, 04/15/27 (Call 02/15/27)		257		233,272
2.70%, 04/15/25 (Call 03/15/25)		335		322,332
2.80%, 09/14/27 (Call 06/14/27)		465		422,956
2.88%, 04/15/27 (Call 03/15/27)		235		215,849
3.00%, 04/01/26 (Call 01/01/26)		330		312,033
3.35%, 09/15/25 (Call 06/15/25)		519		500,308
4.00%, 09/15/25 (Call 08/15/25)		152		148,252
IRB Holding Corp., 7.00%, 06/15/25 (Call 12/01/23)^(b)		285		284,653
Ken Garff Automotive LLC, 4.88%, 09/15/28 (Call 12/01/23)^(b)		125		106,235
KFC Holding Co./Pizza Hut Holdings LLC/Taco Bell of America LLC, 4.75%, 06/01/27 (Call 12/01/23)^(b)		270		255,866
Kohl’s Corp., 4.25%, 07/17/25 (Call 04/17/25)^(c)		155		145,195
Lithia Motors Inc., 4.63%, 12/15/27 (Call 12/01/23)^(b)		150		135,439
Lowe’s Companies Inc.
1.70%, 09/15/28 (Call 07/15/28)		945		782,060
2.50%, 04/15/26 (Call 01/15/26)		45		41,801
3.10%, 05/03/27 (Call 02/03/27)		640		586,340
3.35%, 04/01/27 (Call 03/01/27)		382		353,586
3.38%, 09/15/25 (Call 06/15/25)		321		306,936
4.00%, 04/15/25 (Call 03/15/25)		407		396,670
4.40%, 09/08/25		435		425,300
4.80%, 04/01/26 (Call 03/01/26)		407		398,464
LSF9 Atlantis Holdings LLC/Victra Finance Corp., 7.75%, 02/15/26 (Call 12/01/23)^(b)		270		244,356
McDonald’s Corp.
1.45%, 09/01/25 (Call 08/01/25)		355		329,452
3.30%, 07/01/25 (Call 06/01/25)		499		480,632
3.38%, 05/26/25 (Call 02/26/25)		503		486,194
3.50%, 03/01/27 (Call 12/01/26)		455		425,229
3.50%, 07/01/27 (Call 05/01/27)		922		855,737
3.70%, 01/30/26 (Call 10/30/25)		100		96,152
3.80%, 04/01/28 (Call 01/01/28)		12		11,147
4.80%, 08/14/28 (Call 07/14/28)		187		180,503
Michaels Companies Inc. (The), 5.25%, 05/01/28 (Call 11/13/23)^(b)(c)		275		198,051
Murphy Oil USA Inc., 5.63%, 05/01/27 (Call 12/01/23)		120		116,007
NMG Holding Co. Inc./Neiman Marcus Group LLC, 7.13%, 04/01/26 (Call 12/01/23)^(b)		390		364,730
Nordstrom Inc.
4.00%, 03/15/27 (Call 12/15/26)^(c)		145		128,201
6.95%, 03/15/28^(c)		20		19,017
O’Reilly Automotive Inc.
3.55%, 03/15/26 (Call 12/15/25)		42		39,885
3.60%, 09/01/27 (Call 06/01/27)		387		359,185


Security	Par (000)		Value

Retail (continued)
Patrick Industries Inc., 7.50%, 10/15/27 (Call 12/01/23)^(b)	$	110	$	104,803
Penske Automotive Group Inc., 3.50%, 09/01/25 (Call 11/13/23)		210		200,103
PetSmart Inc./PetSmart Finance Corp., 4.75%, 02/15/28 (Call 02/15/24)^(b)		425		376,037
QVC Inc.
4.38%, 09/01/28 (Call 06/01/28)^(c)		125		63,066
4.45%, 02/15/25 (Call 11/15/24)		202		174,031
4.75%, 02/15/27 (Call 11/15/26)		190		108,180
Rite Aid Corp., 8.00%, 11/15/26 (Call 12/01/23)^(b)(c)		325		225,415
Ross Stores Inc.
0.88%, 04/15/26 (Call 03/15/26)		45		39,854
4.60%, 04/15/25 (Call 03/15/25)		413		405,240
Sally Holdings LLC/Sally Capital Inc., 5.63%, 12/01/25 (Call 12/01/23)		255		246,453
Sizzling Platter LLC/Sizzling Platter Finance Corp., 8.50%, 11/28/25 (Call 12/01/23)^(b)		155		154,321
Specialty Building Products Holdings LLC/SBP Finance Corp., 6.38%, 09/30/26 (Call 12/01/23)^(b)		235		219,421
SRS Distribution Inc., 4.63%, 07/01/28 (Call 07/01/24)^(b)		225		196,314
Staples Inc.
7.50%, 04/15/26 (Call 12/01/23)^(b)		640		521,524
10.75%, 04/15/27 (Call 12/01/23)^(b)(c)		335		184,581
Starbucks Corp.
2.00%, 03/12/27 (Call 01/12/27)		161		143,004
2.45%, 06/15/26 (Call 03/15/26)		140		129,080
3.80%, 08/15/25 (Call 06/15/25)		531		513,728
4.75%, 02/15/26 (Call 01/15/26)		440		432,166
Suburban Propane Partners LP/Suburban Energy Finance Corp., 5.88%, 03/01/27 (Call 12/01/23)		125		119,029
Target Corp.
1.95%, 01/15/27 (Call 12/15/26)		555		499,662
2.25%, 04/15/25 (Call 03/15/25)		709		677,246
2.50%, 04/15/26		110		103,327
TJX Companies Inc. (The), 2.25%, 09/15/26 (Call 06/15/26)		205		188,245
Walgreens Boots Alliance Inc.
3.45%, 06/01/26 (Call 03/01/26)		560		510,191
3.80%, 11/18/24 (Call 08/18/24)		247		240,059
Walmart Inc.
1.05%, 09/17/26 (Call 08/17/26)		595		530,219
1.50%, 09/22/28 (Call 07/22/28)		900		757,640
3.55%, 06/26/25 (Call 04/26/25)		5		4,858
3.70%, 06/26/28 (Call 03/26/28)		5		4,699
3.90%, 09/09/25		220		214,848
3.90%, 04/15/28 (Call 03/15/28)		200		189,559
3.95%, 09/09/27 (Call 08/09/27)		190		181,893
4.00%, 04/15/26 (Call 03/15/26)		125		121,640
5.88%, 04/05/27		340		348,715
White Cap Buyer LLC, 6.88%, 10/15/28 (Call 12/01/23)^(b)		200		175,113
White Cap Parent LLC, 8.25%, 03/15/26 (Call 12/01/23), (9.00% PIK)^(b)(c)(f)		130		123,578


				29,986,421


Security	Par (000)		Value

Savings & Loans — 0.1%
Axos Financial Inc.
4.00%, 03/01/32 (Call 03/01/27), (3-mo. SOFR + 2.270%)^(a)	$	10	$	7,471
4.88%, 10/01/30 (Call 10/01/25), (3-mo. SOFR + 4.760%)^(a)		20		15,914
Nationwide Building Society
1.00%, 08/28/25^(b)		290		264,520
1.50%, 10/13/26^(b)		415		362,493
2.97%, 02/16/28 (Call 02/16/27), (1-day SOFR + 1.29%)^(a)(b)		360		320,034
3.90%, 07/21/25^(b)		295		283,528
4.00%, 09/14/26^(b)		275		255,038
4.30%, 03/08/29 (Call 03/08/28), (3-mo. LIBOR US + 1.452%)^(a)(b)		660		599,752
4.85%, 07/27/27^(b)		200		190,470
6.56%, 10/18/27 (Call 10/18/26), (1-day SOFR + 1.910%)^(a)(b)		300		299,390
TIAA FSB Holdings Inc., 5.75%, 07/02/25 (Call 06/02/25)		50		46,624

				2,645,234

Semiconductors — 0.5%
Amkor Technology Inc., 6.63%, 09/15/27 (Call 12/01/23)^(b)		225		219,137
ams-OSRAM AG, 7.00%, 07/31/25 (Call 12/01/23)^(b)		165		161,518
Analog Devices Inc.
2.95%, 04/01/25 (Call 03/01/25)		236		227,319
3.45%, 06/15/27 (Call 03/15/27)		20		18,543
3.50%, 12/05/26 (Call 09/05/26)		210		198,537
Applied Materials Inc.
3.30%, 04/01/27 (Call 01/01/27)		345		321,459
3.90%, 10/01/25 (Call 07/01/25)		385		373,991
Broadcom Corp./Broadcom Cayman Finance Ltd.
3.13%, 01/15/25 (Call 11/15/24)		280		270,065
3.50%, 01/15/28 (Call 10/15/27)		590		531,216
3.88%, 01/15/27 (Call 10/15/26)		1,030		962,297
Broadcom Inc.
1.95%, 02/15/28 (Call 12/15/27)^(b)		15		12,662
3.15%, 11/15/25 (Call 10/15/25)		390		369,338
3.46%, 09/15/26 (Call 07/15/26)		289		270,966
4.11%, 09/15/28 (Call 06/15/28)		400		366,639
Entegris Inc., 4.38%, 04/15/28 (Call 11/13/23)^(b)		150		133,863
Intel Corp.
2.60%, 05/19/26 (Call 02/19/26)		245		229,291
3.15%, 05/11/27 (Call 02/11/27)		240		221,208
3.40%, 03/25/25 (Call 02/25/25)		866		840,024
3.70%, 07/29/25 (Call 04/29/25)		403		390,271
3.75%, 03/25/27 (Call 01/25/27)		469		442,282
3.75%, 08/05/27 (Call 07/05/27)		410		384,906
4.88%, 02/10/26		830		818,521
4.88%, 02/10/28 (Call 01/10/28)		825		801,900
KLA Corp., 4.65%, 11/01/24 (Call 08/01/24)		373		368,507
Lam Research Corp.
3.75%, 03/15/26 (Call 01/15/26)		387		371,341
3.80%, 03/15/25 (Call 12/15/24)		36		35,120
Marvell Technology Inc.
1.65%, 04/15/26 (Call 03/15/26)		245		221,335
4.88%, 06/22/28 (Call 03/22/28)		475		446,950
Microchip Technology Inc., 4.25%, 09/01/25 (Call 12/01/23)		585		564,063


Security	Par (000)		Value

Semiconductors (continued)
Micron Technology Inc. 4.19%, 02/15/27 (Call 12/15/26)	$	351	$	328,348
4.98%, 02/06/26 (Call 12/06/25)		110		107,239
5.38%, 04/15/28 (Call 03/15/28)		300		287,730
NVIDIA Corp. 1.55%, 06/15/28 (Call 04/15/28)		500		422,875
3.20%, 09/16/26 (Call 06/16/26)		50		47,185
NXP BV/NXP Funding LLC, 5.35%, 03/01/26 (Call 01/01/26)		234		230,213
NXP BV/NXP Funding LLC/NXP USA Inc. 2.70%, 05/01/25 (Call 04/01/25)		292		277,674
3.88%, 06/18/26 (Call 04/18/26)		300		283,683
4.40%, 06/01/27 (Call 05/01/27)		334		314,863
ON Semiconductor Corp., 3.88%, 09/01/28
(Call 12/01/23)^(b)		250		214,559
Qorvo Inc., 1.75%, 12/15/24 (Call 11/13/23)^(b)		269		254,453
QUALCOMM Inc. 1.30%, 05/20/28 (Call 02/20/28)		235		196,108
3.25%, 05/20/27 (Call 02/20/27)		375		348,819
3.45%, 05/20/25 (Call 02/20/25)		706		683,987
Renesas Electronics Corp., 2.17%, 11/25/26
(Call 10/25/26)^(b)		305		269,795
SK Hynix Inc. 1.50%, 01/19/26^(d)		400		359,705
6.25%, 01/17/26^(d)		200		199,301
6.38%, 01/17/28^(d)		385		380,945
Skyworks Solutions Inc., 1.80%, 06/01/26
(Call 05/01/26)		265		236,582
Texas Instruments Inc. 1.13%, 09/15/26 (Call 08/15/26)		190		170,008
1.38%, 03/12/25 (Call 02/12/25)		531		502,726
2.90%, 11/03/27 (Call 08/03/27)		25		22,755
4.60%, 02/15/28 (Call 01/15/28)		180		174,861
4.70%, 11/18/24		150		148,710
TSMC Arizona Corp. 1.75%, 10/25/26 (Call 09/25/26)		215		193,085
3.88%, 04/22/27 (Call 03/22/27)		360		341,119
TSMC Global Ltd. 0.75%, 09/28/25 (Call 08/28/25)^(d)		600		546,396
1.25%, 04/23/26 (Call 03/23/26)^(d)		200		179,957
4.38%, 07/22/27 (Call 06/22/27)^(d)		400		384,446

				18,681,396

Shipbuilding — 0.0%
CSSC Capital Ltd. Co., 2.50%, 02/13/25^(d)		400		382,207
Huntington Ingalls Industries Inc., 3.84%, 05/01/25
(Call 04/01/25)		321		310,620

				692,827

Software — 0.6%
ACI Worldwide Inc., 5.75%, 08/15/26
(Call 12/01/23)^(b)		160		153,147
Activision Blizzard Inc. 3.40%, 09/15/26 (Call 06/15/26)		233		220,053
3.40%, 06/15/27 (Call 03/15/27)		50		46,578
Adobe Inc. 1.90%, 02/01/25 (Call 01/01/25)		409		391,497
2.15%, 02/01/27 (Call 12/01/26)		15		13,562
3.25%, 02/01/25 (Call 11/01/24)		410		399,210
Alteryx Inc., 8.75%, 03/15/28 (Call 03/15/25)^(b)		165		162,907
Autodesk Inc. 3.50%, 06/15/27 (Call 03/15/27)		60		55,483


Security	Par (000)		Value

Software (continued)
4.38%, 06/15/25 (Call 03/15/25)^(c)	$	20	$	19,546
Black Knight InfoServ LLC, 3.63%, 09/01/28 (Call 11/13/23)^(b)		325		289,861
Boxer Parent Co. Inc.
7.13%, 10/02/25 (Call 12/01/23)^(b)		235		231,912
9.13%, 03/01/26 (Call 11/13/23)^(b)		155		154,004
Broadridge Financial Solutions Inc., 3.40%, 06/27/26 (Call 03/27/26)		210		196,408
Camelot Finance SA, 4.50%, 11/01/26 (Call 12/01/23)^(b)		255		236,541
Clarivate Science Holdings Corp., 3.88%, 07/01/28 (Call 06/30/24)^(b)		300		258,623
Concentrix Corp.
6.60%, 08/02/28 (Call 07/02/28)		310		297,035
6.65%, 08/02/26 (Call 07/02/26)		175		173,854
Consensus Cloud Solutions Inc.
6.00%, 10/15/26 (Call 12/01/23)^(b)		130		120,553
6.50%, 10/15/28 (Call 10/15/26)^(b)		150		124,291
CWT Travel Group Inc., 8.50%, 11/19/26 (Call 11/03/23)^(b)		205		60,847
Electronic Arts Inc., 4.80%, 03/01/26 (Call 12/01/25)^(c)		100		98,116
Fair Isaac Corp.
4.00%, 06/15/28 (Call 11/16/23)^(b)		300		266,795
5.25%, 05/15/26 (Call 02/15/26)^(b)		165		159,077
Fidelity National Information Services Inc.
1.15%, 03/01/26 (Call 02/01/26)		552		494,184
4.50%, 07/15/25		197		192,463
4.70%, 07/15/27 (Call 06/15/27)		260		248,611
Fiserv Inc.
2.25%, 06/01/27 (Call 04/01/27)		407		359,490
3.20%, 07/01/26 (Call 05/01/26)		530		495,091
3.85%, 06/01/25 (Call 03/01/25)		408		395,431
5.38%, 08/21/28 (Call 07/21/28)		200		195,554
5.45%, 03/02/28 (Call 02/02/28)		515		504,592
Infor Inc., 1.75%, 07/15/25 (Call 06/15/25)^(b)		328		302,012
Intuit Inc.
0.95%, 07/15/25 (Call 06/15/25)		373		344,957
1.35%, 07/15/27 (Call 05/15/27)		95		81,868
5.13%, 09/15/28 (Call 08/15/28)		300		295,124
5.25%, 09/15/26 (Call 08/15/26)		220		219,308
Microsoft Corp.
2.40%, 08/08/26 (Call 05/08/26)		848		788,266
2.70%, 02/12/25 (Call 11/12/24)		457		442,141
3.13%, 11/03/25 (Call 08/03/25)		1,352		1,297,985
3.30%, 02/06/27 (Call 11/06/26)		1,850		1,748,006
MicroStrategy Inc., 6.13%, 06/15/28 (Call 06/15/24)^(b)		100		90,549
Open Text Corp.
3.88%, 02/15/28 (Call 12/01/23)^(b)		320		278,495
6.90%, 12/01/27 (Call 11/01/27)^(b)		360		358,775
Oracle Corp.
1.65%, 03/25/26 (Call 02/25/26)		1,067		967,354
2.30%, 03/25/28 (Call 01/25/28)		5		4,295
2.50%, 04/01/25 (Call 03/01/25)		503		479,908
2.65%, 07/15/26 (Call 04/15/26)		1,203		1,106,974
2.80%, 04/01/27 (Call 02/01/27)		500		452,244
2.95%, 11/15/24 (Call 09/15/24)		238		230,839
2.95%, 05/15/25 (Call 02/15/25)		1,184		1,132,854
3.25%, 11/15/27 (Call 08/15/27)		1,295		1,171,932
4.50%, 05/06/28 (Call 04/06/28)		785		743,095


Security	Par (000)		Value

Software (continued)
5.80%, 11/10/25	$	355	$	354,869
PTC Inc. 3.63%, 02/15/25 (Call 12/01/23)^(b)		210		202,821
4.00%, 02/15/28 (Call 12/01/23)^(b)		165		147,004
Roper Technologies Inc. 1.00%, 09/15/25 (Call 08/15/25)		466		426,767
1.40%, 09/15/27 (Call 07/15/27)		410		346,994
3.80%, 12/15/26 (Call 09/15/26)		5		4,724
salesforce.com Inc., 3.70%, 04/11/28 (Call 01/11/28)		500		468,033
SS&C Technologies Inc., 5.50%, 09/30/27 (Call 12/01/23)^(b)		665		623,786
Take-Two Interactive Software Inc. 3.55%, 04/14/25		257		248,270
3.70%, 04/14/27 (Call 03/14/27)		332		308,726
4.95%, 03/28/28 (Call 02/28/28)		345		331,437
5.00%, 03/28/26		300		293,742
Veritas U.S. Inc./Veritas Bermuda Ltd., 7.50%, 09/01/25 (Call 12/01/23)^(b)		570		466,654
VMware Inc. 1.40%, 08/15/26 (Call 07/15/26)		590		519,618
3.90%, 08/21/27 (Call 05/21/27)		580		537,576
4.50%, 05/15/25 (Call 04/15/25)		157		153,336
4.65%, 05/15/27 (Call 03/15/27)		145		138,899
West Technology Group LLC, 8.50%, 04/10/27 (Call 12/01/23)^(b)		149		125,014
Workday Inc., 3.50%, 04/01/27 (Call 03/01/27)		360		334,040

				25,584,607

Sovereign Debt Securities — 0.0%
AVI Funding Co.Ltd., 3.80%, 09/16/25^(d)		200		193,216


Telecommunications — 0.9%
Altice France Holding SA 6.00%, 02/15/28 (Call 12/01/23)^(b)(c)		390		170,867
10.50%, 05/15/27 (Call 11/13/23)^(b)		515		280,642
Altice France SA/France 5.50%, 01/15/28 (Call 12/01/23)^(b)		350		260,065
8.13%, 02/01/27 (Call 11/13/23)^(b)		620		523,908
AT&T Inc. 1.65%, 02/01/28 (Call 12/01/27)		830		694,186
1.70%, 03/25/26 (Call 11/13/23)		1,271		1,153,720
2.30%, 06/01/27 (Call 04/01/27)		1,016		897,727
2.95%, 07/15/26 (Call 04/15/26)		123		114,203
3.80%, 02/15/27 (Call 11/15/26)		220		205,465
3.88%, 01/15/26 (Call 10/15/25)		135		129,482
4.10%, 02/15/28 (Call 11/15/27)		675		624,517
4.25%, 03/01/27 (Call 12/01/26)		582		551,880
Axiata SPV2 Bhd, 4.36%, 03/24/26^(d)		200		193,602
Bharti Airtel Ltd., 4.38%, 06/10/25^(d)		400		390,117
British Telecommunications PLC, 4.25%, 11/23/81 (Call 11/23/26), (5-year CMT + 2.985%)^(a)(b)		180		157,718
C&W Senior Financing DAC, 6.88%, 09/15/27 (Call 11/13/23)^(b)		415		355,502
Cisco Systems Inc. 2.50%, 09/20/26 (Call 06/20/26)		15		13,927
2.95%, 02/28/26		285		270,454
3.50%, 06/15/25		55		53,339
CommScope Inc. 6.00%, 03/01/26 (Call 12/01/23)^(b)		490		411,648
7.13%, 07/01/28 (Call 12/01/23)^(b)(c)		227		86,781
8.25%, 03/01/27 (Call 12/01/23)^(b)(c)		305		126,683


Security	Par (000)		Value

Telecommunications (continued)
CommScope Technologies LLC
5.00%, 03/15/27 (Call 11/13/23)^(b)(c)	$	240	$	91,635
6.00%, 06/15/25 (Call 11/13/23)^(b)		418		252,102
Connect Finco Sarl/Connect U.S. Finco LLC, 6.75%, 10/01/26 (Call 11/13/23)^(b)		675		628,337
Consolidated Communications Inc.
5.00%, 10/01/28 (Call 11/13/23)^(b)		125		94,124
6.50%, 10/01/28 (Call 11/13/23)^(b)		166		131,566
Deutsche Telekom International Finance BV, 4.38%, 06/21/28 (Call 03/21/28)^(b)		300		281,258
Empresa Nacional de Telecomunicaciones SA,
4.75%, 08/01/26 (Call 05/03/26)^(d)		200		190,403
Frontier Communications Holdings LLC
5.00%, 05/01/28 (Call 05/01/24)^(b)		520		450,518
5.88%, 10/15/27 (Call 12/01/23)^(b)		410		373,605
Frontier Florida LLC, Series E, 6.86%, 02/01/28		120		110,198
Frontier North Inc., Series G, 6.73%, 02/15/28		20		18,495
Globe Telecom Inc., 4.20%, (Call 08/02/26), (5-year CMT + 5.527%)^(a)(d)(e)		200		185,240
HKT Capital No. 2 Ltd., 3.63%, 04/02/25^(d)		300		290,736
HKT Capital No. 4 Ltd., 3.00%, 07/14/26^(d)		200		185,947
Hughes Satellite Systems Corp.
5.25%, 08/01/26		250		224,797
6.63%, 08/01/26^(c)		260		220,777
Iliad Holding SASU, 6.50%, 10/15/26 (Call 11/13/23)^(b)		425		396,690
Juniper Networks Inc., 1.20%, 12/10/25 (Call 11/10/25)		285		257,229
KT Corp., 1.00%, 09/01/25^(d)		200		183,583
Level 3 Financing Inc.
3.40%, 03/01/27 (Call 01/01/27)^(b)		277		257,613
4.25%, 07/01/28 (Call 12/01/23)^(b)		390		220,246
4.63%, 09/15/27 (Call 12/01/23)^(b)		325		218,883
Liquid Telecommunications Financing PLC, 5.50%, 09/04/26 (Call 11/30/23)^(d)		200		122,903
LogMeIn Inc., 5.50%, 09/01/27 (Call 12/01/23)^(b)(c)		300		157,590
Lumen Technologies Inc., 4.00%, 02/15/27 (Call 12/01/23)^(b)		414		282,045
Motorola Solutions Inc., 4.60%, 02/23/28 (Call 11/23/27)		200		189,044
MTN Mauritius Investments Ltd., 6.50%, 10/13/26^(d)		200		195,535
NBN Co. Ltd. 1.45%, 05/05/26 (Call 04/05/26)^(b)		400		359,605
5.75%, 10/06/28 (Call 09/06/28)^(b)		400		399,374
Network i2i Ltd.
3.98%, (Call 03/03/26), (5-year CMT + 3.390%)^(a)(d)(e)		200		180,064
5.65%, (Call 01/15/25), (5-year CMT + 4.274%)^(a)(d)(e)		400		387,854
Nokia OYJ, 4.38%, 06/12/27		200		184,937
NTT Finance Corp.
1.16%, 04/03/26 (Call 03/03/26)^(b)		1,250		1,122,051
4.24%, 07/25/25^(b)		365		355,213
4.37%, 07/27/27 (Call 06/27/27)^(b)		205		195,943
Ooredoo International Finance Ltd.
3.75%, 06/22/26^(d)		200		190,288
5.00%, 10/19/25^(b)		200		197,033
Oztel Holdings SPC Ltd., 6.63%, 04/24/28^(d)		200		199,094
Qwest Corp., 7.25%, 09/15/25		90		86,247
Rogers Communications Inc.
2.90%, 11/15/26 (Call 08/15/26)		115		104,822


Security	Par (000)		Value

Telecommunications (continued)
2.95%, 03/15/25	$	495	$	473,285
3.20%, 03/15/27 (Call 02/15/27)		805		731,070
3.63%, 12/15/25 (Call 09/15/25)		320		303,869
5.25%, 03/15/82 (Call 03/15/27), (5-year CMT + 3.590%)^(a)(b)		260		228,648
SingTel Group Treasury Pte Ltd., 3.25%, 06/30/25^(d)		400		385,499
Sprint LLC 7.63%, 02/15/25 (Call 11/15/24)		526		533,229
7.63%, 03/01/26 (Call 11/01/25)		745		765,236
Sprint Spectrum Co. LLC/Sprint Spectrum Co. II LLC/Sprint Spectrum Co. III LLC
4.74%, 09/20/29 (Call 03/20/24)^(b)		188		185,264
5.15%, 09/20/29 (Call 03/20/27)^(b)		180		177,079
Telefonica Celular del Paraguay SA, 5.88%, 04/15/27 (Call 11/10/23)^(d)		200		180,819
Telefonica Emisiones SA, 4.10%, 03/08/27		650		608,351
Telesat Canada/Telesat LLC 4.88%, 06/01/27 (Call 11/16/23)^(b)(c)		130		77,263
5.63%, 12/06/26 (Call 12/06/23)^(b)(c)		175		111,088
Telstra Corp. Ltd., 3.13%, 04/07/25
(Call 01/07/25)^(b)		525		506,212
TELUS Corp. 2.80%, 02/16/27 (Call 11/16/26)		90		81,640
3.70%, 09/15/27 (Call 06/15/27)		64		59,267
T-Mobile USA Inc. 1.50%, 02/15/26 (Call 01/15/26)		357		323,724
2.05%, 02/15/28 (Call 12/15/27)		818		697,144
2.25%, 02/15/26 (Call 11/13/23)		627		577,140
2.63%, 04/15/26 (Call 11/13/23)		434		401,304
3.50%, 04/15/25 (Call 03/15/25)		1,043		1,007,703
3.75%, 04/15/27 (Call 02/15/27)		1,159		1,077,502
4.80%, 07/15/28 (Call 06/15/28)		1,310		1,246,708
4.95%, 03/15/28 (Call 02/15/28)		480		461,342
5.38%, 04/15/27 (Call 11/13/23)		334		328,530
Total Play Telecomunicaciones SA de CV 6.38%, 09/20/28 (Call 09/30/25)^(d)		200		95,719
7.50%, 11/12/25^(d)		200		144,276
Tower Bersama Infrastructure, 2.80%, 05/02/27
(Call 11/02/26)^(d)		200		175,306
Turk Telekomunikasyon AS, 6.88%, 02/28/25^(d)		200		194,786
Turkcell Iletisim Hizmetleri AS, 5.75%, 10/15/25^(d)		200		191,778
Verizon Communications Inc. 0.85%, 11/20/25 (Call 10/20/25)		771		698,091
1.45%, 03/20/26 (Call 02/20/26)		907		820,187
2.10%, 03/22/28 (Call 01/22/28)		555		473,472
2.63%, 08/15/26		417		383,671
3.00%, 03/22/27 (Call 01/22/27)		89		81,235
3.38%, 02/15/25		454		440,134
3.50%, 11/01/24 (Call 08/01/24)		582		568,920
4.13%, 03/16/27		1,485		1,406,595
4.33%, 09/21/28		1,000		931,142
ViaSat Inc. 5.63%, 09/15/25 (Call 11/13/23)^(b)		250		232,087
5.63%, 04/15/27 (Call 11/13/23)^(b)		215		187,914
6.50%, 07/15/28 (Call 12/01/23)^(b)		130		92,032
Vodafone Group PLC
3.25%, 06/04/81 (Call 06/04/26), (5-year CMT + 2.447%)^(a)		175		153,866
4.13%, 05/30/25		535		521,366


Security	Par (000)		Value

Telecommunications (continued)
Windstream Escrow LLC/Windstream Escrow Finance Corp., 7.75%, 08/15/28 (Call 12/01/23)^(b)	$	455	$	360,528
Zayo Group Holdings Inc. 4.00%, 03/01/27 (Call 12/01/23)^(b)(c)		485		365,093
6.13%, 03/01/28 (Call 12/01/23)^(b)(c)		350		230,979

				38,118,150

Textiles — 0.0%
Eagle Intermediate Global Holding BV/Ruyi
U.S. Finance LLC, 7.50%, 05/01/25
(Call 11/10/23)^(d)		350		231,535


Toys, Games & Hobbies — 0.0%
Hasbro Inc. 3.00%, 11/19/24 (Call 10/19/24)		417		403,798
3.55%, 11/19/26 (Call 09/19/26)		180		165,577
Mattel Inc. 3.38%, 04/01/26 (Call 11/13/23)^(b)		250		231,428
5.88%, 12/15/27 (Call 12/01/23)^(b)		20		19,178

				819,981

Transportation — 0.3%
BNSF Funding Trust I, 6.61%, 12/15/55
(Call 01/15/26), (3-mo. LIBOR US + 2.350%)^(a)		50		48,185
Burlington Northern Santa Fe LLC 3.00%, 04/01/25 (Call 01/01/25)		385		372,690
3.25%, 06/15/27 (Call 03/15/27)		875		813,457
3.65%, 09/01/25 (Call 06/01/25)		190		184,064
7.00%, 12/15/25		175		180,709
Canadian National Railway Co. 2.75%, 03/01/26 (Call 12/01/25)		100		93,898
2.95%, 11/21/24 (Call 08/21/24)		65		63,062
Canadian Pacific Railway Co. 1.35%, 12/02/24 (Call 12/01/23)		677		644,401
1.75%, 12/02/26 (Call 11/02/26)		346		307,827
2.90%, 02/01/25 (Call 11/01/24)		421		405,937
4.00%, 06/01/28 (Call 03/01/28)		200		185,843
Cargo Aircraft Management Inc., 4.75%, 02/01/28
(Call 11/16/23)^(b)		205		180,899
CSX Corp. 2.60%, 11/01/26 (Call 08/01/26)		100		91,596
3.25%, 06/01/27 (Call 03/01/27)		200		184,223
3.35%, 11/01/25 (Call 08/01/25)		235		224,901
3.80%, 03/01/28 (Call 12/01/27)		320		297,396
Danaos Corp., 8.50%, 03/01/28 (Call 03/01/24)^(b)(c)		95		95,015
FedEx Corp., 3.25%, 04/01/26 (Call 01/01/26)		295		278,810
Guangzhou Metro Investment Finance BVI Ltd., 1.51%, 09/17/25^(d)		200		183,925
GXO Logistics Inc., 1.65%, 07/15/26 (Call 06/15/26)		195		171,612
Henan Railway Construction & Investment Group Co. Ltd., 2.20%, 01/26/25^(d)		200		189,037
Indian Railway Finance Corp. Ltd., 3.84%, 12/13/27^(d)		200		183,967
JB Hunt Transport Services Inc., 3.88%, 03/01/26 (Call 01/01/26)		240		230,354
Kirby Corp., 4.20%, 03/01/28 (Call 12/01/27)		5		4,603
Misc Capital Two Labuan Ltd. 3.63%, 04/06/25^(d)		200		193,099
3.75%, 04/06/27 (Call 03/06/27)^(d)		200		184,469
Navios South American Logistics Inc./Navios Logistics Finance U.S. Inc., 10.75%, 07/01/25 (Call 11/30/23)^(d)		200		195,151


Security	Par (000)		Value

Transportation (continued)
Norfolk Southern Corp. 2.90%, 06/15/26 (Call 03/15/26)	$	130	$	121,398
3.15%, 06/01/27 (Call 03/01/27)		15		13,759
3.65%, 08/01/25 (Call 06/01/25)		190		183,094
3.80%, 08/01/28 (Call 05/01/28)		200		183,562
7.80%, 05/15/27		50		53,609
Rumo Luxembourg Sarl, 5.25%, 01/10/28 (Call 01/10/24)^(d)		200		183,500
Ryder System Inc. 1.75%, 09/01/26 (Call 08/01/26)		140		125,511
2.85%, 03/01/27 (Call 02/01/27)		180		162,720
2.90%, 12/01/26 (Call 10/01/26)		130		118,432
3.35%, 09/01/25 (Call 08/01/25)		72		68,777
4.30%, 06/15/27 (Call 05/15/27)		165		155,521
4.63%, 06/01/25 (Call 05/01/25)		284		277,713
5.25%, 06/01/28 (Call 05/01/28)		165		158,759
5.65%, 03/01/28 (Call 02/01/28)		215		210,235
6.30%, 12/01/28 (Call 11/01/28)		125		124,543
SF Holding Investment Ltd., 2.38%, 11/17/26^(d)		200		180,771
Transnet SOC Ltd., 8.25%, 02/06/28^(d)		400		377,870
Ukraine Railways Via Rail Capital Markets PLC, 8.25%, 07/09/24^(d)(h)(i)		200		105,574
Union Pacific Corp. 2.15%, 02/05/27 (Call 12/05/26)		50		44,890
2.75%, 03/01/26 (Call 12/01/25)		10		9,371
3.00%, 04/15/27 (Call 01/15/27)		225		206,849
3.25%, 01/15/25 (Call 10/15/24)		243		236,134
3.25%, 08/15/25 (Call 05/15/25)		308		296,042
3.75%, 07/15/25 (Call 05/15/25)		287		278,441
3.95%, 09/10/28 (Call 06/10/28)		500		467,746
4.75%, 02/21/26 (Call 01/21/26)		310		305,358
United Parcel Service Inc. 2.40%, 11/15/26 (Call 08/15/26)		65		59,794
2.80%, 11/15/24 (Call 09/15/24)		115		111,767
3.05%, 11/15/27 (Call 08/15/27)		510		465,876
3.90%, 04/01/25 (Call 03/01/25)		535		522,453
Watco Cos. LLC/Watco Finance Corp., 6.50%, 06/15/27 (Call 12/01/23)^(b)		200		187,365
XPO Escrow Sub LLC, 7.50%, 11/15/27 (Call 11/15/24)^(b)		135		134,824
XPO Inc., 6.25%, 06/01/28 (Call 06/01/25)^(b)		345		330,664
Yunda Holding Investment Co., 2.25%, 08/19/25^(d)		200		179,416

				12,831,468

Trucking & Leasing — 0.1%
AerCap Global Aviation Trust, 6.50%, 06/15/45 (Call 06/15/25), (3-mo. SOFR + 4.562%)^(a)(b)		180		176,553
DAE Funding LLC, 2.63%, 03/20/25 (Call 02/20/25)^(d)		200		188,212
Fortress Transportation and Infrastructure Investors LLC
5.50%, 05/01/28 (Call 05/01/24)^(b)		350		318,816
6.50%, 10/01/25 (Call 12/01/23)^(b)		222		220,288
9.75%, 08/01/27 (Call 11/13/23)^(b)		175		179,902
GATX Corp. 3.25%, 03/30/25 (Call 12/30/24)		130		124,656
3.25%, 09/15/26 (Call 06/15/26)		172		159,509
3.50%, 03/15/28 (Call 12/15/27)		100		89,293
NAC Aviation 29 DAC, 4.75%, 06/30/26 (Call 11/06/23)		279		257,002
Penske Truck Leasing Co. LP/PTL Finance Corp 1.20%, 11/15/25 (Call 10/15/25)^(b)		315		284,354


Security	Par (000)		Value

Trucking & Leasing (continued)
1.70%, 06/15/26 (Call 05/15/26)^(b)	$	297	$	263,633
2.70%, 11/01/24 (Call 10/01/24)^(b)		254		245,091
3.40%, 11/15/26 (Call 08/15/26)^(b)		165		151,620
3.95%, 03/10/25 (Call 01/10/25)^(b)		420		406,694
4.00%, 07/15/25 (Call 06/15/25)^(b)		47		45,229
4.20%, 04/01/27 (Call 01/01/27)^(b)		135		125,368
4.40%, 07/01/27 (Call 06/01/27)^(b)		321		298,653
4.45%, 01/29/26 (Call 11/29/25)^(b)		189		180,826
5.55%, 05/01/28 (Call 04/01/28)^(b)		185		178,193
5.70%, 02/01/28 (Call 01/01/28)^(b)		335		323,344
5.75%, 05/24/26 (Call 04/24/26)^(b)		140		137,694
5.88%, 11/15/27 (Call 10/15/27)^(b)		255		248,789
6.05%, 08/01/28 (Call 07/01/28)^(b)		220		215,781
SMBC Aviation Capital Finance DAC
1.90%, 10/15/26 (Call 09/15/26)^(b)		285		251,106
5.45%, 05/03/28 (Call 04/03/28)^(b)		200		191,626

				5,262,232

Venture Capital — 0.0%
Hercules Capital Inc., 3.38%, 01/20/27 (Call 12/20/26)		295		256,631


Water — 0.0%
American Water Capital Corp.
2.95%, 09/01/27 (Call 06/01/27)		65		58,825
3.40%, 03/01/25 (Call 12/01/24)		288		278,826
Solaris Midstream Holdings LLC, 7.63%, 04/01/26 (Call 12/01/23)^(b)		155		148,147

				485,798


Total Corporate Bonds & Notes — 36.6% (Cost: $1,571,211,918)				1,479,211,146


Foreign Government Obligations^(k)

Angola — 0.0%
Angolan Government International Bond
8.25%, 05/09/28^(d)		600		506,930
9.50%, 11/12/25^(d)		300		288,169

				795,099

Argentina — 0.0%
Ciudad Autonoma De Buenos Aires/Government Bond, 7.50%, 06/01/27^(d)		200		183,142
Provincia de Cordoba
6.88%, 12/10/25^(d)(g)		125		102,848
6.99%, 06/01/27^(d)(g)		200		148,762

				434,752

Bahrain — 0.1%
Bahrain Government International Bond
4.25%, 01/25/28^(d)		200		179,407
5.96%, 01/05/26^(d)		200		195,010
7.00%, 01/26/26^(d)		600		596,453
7.00%, 10/12/28^(d)		200		198,870
CBB International Sukuk Co. 6 SPC, 5.25%, 03/20/25^(d)		200		194,515
CBB International Sukuk Co. 7 SPC, 6.88%, 10/05/25^(d)		200		199,850
CBB International Sukuk Programme Co.
3.95%, 09/16/27^(d)		400		361,505
4.50%, 03/30/27^(d)		400		370,990
6.25%, 11/14/24^(d)		400		395,989

				2,692,589


Security	Par (000)		Value

Belarus — 0.0%
Republic of Belarus International Bond, 5.88%, 02/24/26^(d)	$	200	$	83,000


Bolivia — 0.0%
Bolivian Government International Bond, 4.50%, 03/20/28^(d)		200		101,977


Brazil — 0.1%
Brazilian Government International Bond 2.88%, 06/06/25		600		570,092
4.25%, 01/07/25		1,400		1,368,328
4.63%, 01/13/28 (Call 10/13/27)		1,000		954,056
6.00%, 04/07/26		625		630,390
8.75%, 02/04/25^(c)		300		313,877
10.13%, 05/15/27		300		342,037

				4,178,780

Canada — 0.7%
Canada Government International Bond 0.75%, 05/19/26		805		723,163
1.63%, 01/22/25		985		941,586
2.88%, 04/28/25		195		188,209
Canada Government International Bonds, 3.75%, 04/26/28		1,005		956,986
CDP Financial Inc. 0.88%, 06/10/25^(b)		970		901,786
1.00%, 05/26/26^(b)		360		323,373
CPPIB Capital Inc. 0.88%, 09/09/26^(b)		940		834,619
1.25%, 03/04/25^(b)		760		717,999
4.25%, 07/20/28^(c)		2,000		1,924,480
Export Development Canada 3.00%, 05/25/27		30		28,104
3.38%, 08/26/25		145		140,414
3.88%, 02/14/28		2,495		2,385,776
Ontario Teachers’ Finance Trust 0.88%, 09/21/26^(b)		930		823,302
1.38%, 04/15/25^(b)		315		296,591
4.25%, 04/25/28^(b)		1,500		1,436,578
Province of Alberta Canada 1.00%, 05/20/25		1,527		1,426,208
1.88%, 11/13/24		487		468,467
3.30%, 03/15/28		45		41,727
Province of British Columbia Canada 0.90%, 07/20/26		1,085		969,732
2.25%, 06/02/26		500		464,896
6.50%, 01/15/26^(c)		305		312,367
Province of Manitoba Canada, 2.13%, 06/22/26		615		568,695
Province of New Brunswick Canada, 3.63%, 02/24/28		5		4,675
Province of Ontario Canada 0.63%, 01/21/26		1,586		1,434,387
1.05%, 04/14/26		712		644,847
1.05%, 05/21/27^(c)		45		39,208
2.30%, 06/15/26		917		853,065
2.50%, 04/27/26		722		677,042
3.10%, 05/19/27		1,285		1,203,670
Province of Quebec Canada 0.60%, 07/23/25		1,497		1,381,105
2.50%, 04/20/26		872		818,518
2.75%, 04/12/27^(c)		250		231,787
3.63%, 04/13/28		1,490		1,402,394


Security	Par (000)		Value

Canada (continued)
Series QX, 1.50%, 02/11/25	$	1,038	$	986,476
Province of Saskatchewan Canada, 3.25%, 06/08/27		15		14,097
PSP Capital Inc., 1.00%, 06/29/26^(b)(c)		250		223,965

				26,790,294

Cayman Islands — 0.0%
KSA Sukuk Ltd., 5.27%, 10/25/28^(d)		400		395,261


Chile — 0.0%
Chile Government International Bond
2.75%, 01/31/27 (Call 12/31/26)		600		548,255
3.13%, 01/21/26		200		190,114
3.24%, 02/06/28 (Call 11/06/27)		600		546,437

				1,284,806

China — 0.1%
China Development Bank, 1.00%, 10/27/25^(d)		400		366,492
China Government International Bond
0.55%, 10/21/25^(d)		1,400		1,279,377
1.25%, 10/26/26^(d)		400		358,873
2.63%, 11/02/27^(d)		400		366,946
3.50%, 10/19/28^(d)		200		188,238
Export-Import Bank of China (The)
2.88%, 04/26/26^(d)		800		755,798
3.25%, 11/28/27^(d)		200		185,332
3.38%, 03/14/27^(d)		400		376,870

				3,877,926

Colombia — 0.0%
Colombia Government International Bond
3.88%, 04/25/27 (Call 01/25/27)		600		546,783
4.50%, 01/28/26 (Call 10/28/25)		400		382,956

				929,739

Costa Rica — 0.0%
Costa Rica Government International Bond, 4.38%, 04/30/25^(d)		200		194,002


Denmark — 0.0%
Kommunekredit
0.50%, 01/28/26^(d)		200		179,978
0.63%, 06/10/25^(d)		1,000		926,292

				1,106,270

Dominican Republic — 0.1%
Dominican Republic International Bond
5.50%, 01/27/25^(d)		475		466,936
5.95%, 01/25/27^(d)		600		578,892
6.00%, 07/19/28^(d)		300		283,451
6.88%, 01/29/26^(d)		700		698,128

				2,027,407

Egypt — 0.1%
Egypt Government International Bond
3.88%, 02/16/26^(d)		400		276,076
5.25%, 10/06/25^(d)		200		151,532
5.80%, 09/30/27^(d)		400		255,892
5.88%, 06/11/25^(d)		400		322,288
6.59%, 02/21/28^(d)		400		254,882
7.50%, 01/31/27^(d)		600		416,200
Egyptian Financial Co. for Sovereign Taskeek (The), 10.88%, 02/28/26^(d)		600		554,982

				2,231,852


Security	Par (000)		Value

El Salvador — 0.0%
El Salvador Government International Bond, 6.38%, 01/18/27^(d)	$	325	$	265,706


Ethiopia — 0.0%
Ethiopia International Bond, 6.63%, 12/11/24^(d)		270		170,147


Finland — 0.0%
Finland Government International Bond, 6.95%, 02/15/26		200		206,084


France — 0.2%
Agence Francaise de Developpement EPIC, 4.00%, 09/21/27^(d)		600		576,091
Caisse d’Amortissement de la Dette Sociale
0.38%, 09/23/25^(b)		1,460		1,333,148
0.63%, 02/18/26^(b)		5		4,507
3.75%, 05/24/28^(b)		3,975		3,765,816
4.00%, 01/25/26^(b)(c)		465		453,003
4.88%, 09/19/26^(b)		1,300		1,292,467
SFIL SA, 0.63%, 02/09/26^(d)		600		539,611

				7,964,643

Gabon — 0.0%
Gabon Government International Bond, 6.95%, 06/16/25^(d)		200		174,361


Georgia — 0.0%
Georgia Government International Bond, 2.75%, 04/22/26^(d)		300		267,156


Germany — 0.1%
Land Nordrhein Westfalen, 2.25%, 04/16/25^(d)		1,500		1,430,522
State of North Rhine-Westphalia, 3.88%, 01/15/25^(d)		200		195,880
State of North Rhine-Westphalia Germany, 1.00%, 04/21/26^(d)		200		180,603

				1,807,005

Ghana — 0.0%
Ghana Government International Bond
0.00%, 04/07/25^(d)(h)(i)		200		76,837
6.38%, 02/11/27^(d)(h)(i)		400		171,466
7.88%, 03/26/27^(d)(h)(i)		200		85,814
8.13%, 01/18/26^(d)(h)(i)		400		172,218

				506,335

Guatemala — 0.0%
Guatemala Government Bond
4.38%, 06/05/27^(d)		200		183,612
4.50%, 05/03/26^(d)		400		378,242

				561,854

Honduras — 0.0%
Honduras Government International Bond, 6.25%, 01/19/27^(d)		350		326,326


Hong Kong — 0.1%
Airport Authority
1.75%, 01/12/27 (Call 12/12/26)^(b)		400		357,816
2.10%, (Call 03/08/26), (5-year CMT + 4.697%)^(a)(d)(e)		400		363,310
4.75%, 01/12/28 (Call 12/12/27)^(b)(c)		400		390,232
Hong Kong Government International Bond
0.63%, 02/02/26^(b)		600		543,309
4.50%, 01/11/28^(b)		600		589,368


Security	Par (000)		Value

Hong Kong (continued)
Hong Kong Sukuk 2017 Ltd., 3.13%, 02/28/27^(d)	$	200	$	188,019

				2,432,054

Hungary — 0.1%
Hungary Government International Bond, 6.13%, 05/22/28^(d)		600		595,379
Magyar Export-Import Bank Zrt, 6.13%, 12/04/27 (Call 11/04/27)^(d)		400		391,716
MFB Magyar Fejlesztesi Bank Zrt, 6.50%, 06/29/28^(d)		400		393,254

				1,380,349

India — 0.0%
Export-Import Bank of India
3.38%, 08/05/26^(d)		600		563,995
3.88%, 02/01/28^(d)		200		183,644

				747,639

Indonesia — 0.2%
Indonesia Government International Bond
3.50%, 01/11/28		600		551,818
3.85%, 07/18/27^(d)		400		375,463
4.13%, 01/15/25^(d)		600		590,009
4.15%, 09/20/27 (Call 06/20/27)		300		284,595
4.35%, 01/08/27^(d)		400		384,298
4.55%, 01/11/28 (Call 12/11/27)		400		383,989
4.75%, 01/08/26^(d)		800		786,973
Perusahaan Penerbit SBSN Indonesia III
1.50%, 06/09/26^(d)		400		360,069
2.30%, 06/23/25^(d)		250		236,275
4.15%, 03/29/27^(d)		800		762,603
4.33%, 05/28/25^(d)		700		686,829
4.40%, 06/06/27^(d)		800		766,865
4.40%, 03/01/28^(d)		200		190,513
4.55%, 03/29/26^(d)		600		585,739

				6,946,038

Iraq — 0.0%
Iraq International Bond, 5.80%, 01/15/28 (Call 12/17/23)^(d)		563		501,372


Israel — 0.0%
Israel Government International Bond 2.88%, 03/16/26		400		370,502
3.25%, 01/17/28		200		179,045

				549,547

Italy — 0.0%
Republic of Italy Government International Bond, 1.25%, 02/17/26		1,035		933,753


Ivory Coast — 0.0%
Ivory Coast Government International Bond, 6.38%, 03/03/28^(d)		200		185,877


Jamaica — 0.0%
Jamaica Government International Bond, 6.75%, 04/28/28^(c)		400		405,969


Japan — 0.3%
Development Bank of Japan Inc., 3.25%, 04/28/27^(b)		1,075		1,005,567
Japan Bank for International Cooperation 0.63%, 07/15/25		1,002		922,885
2.25%, 11/04/26		410		375,310
2.38%, 04/20/26		820		763,380


Security	Par (000)		Value

Japan (continued)
2.50%, 05/28/25	$	1,105	$	1,054,041
2.75%, 01/21/26^(c)		845		797,866
2.75%, 11/16/27		480		437,704
2.88%, 04/14/25		450		432,725
2.88%, 06/01/27		230		212,330
2.88%, 07/21/27		390		359,522
4.25%, 01/26/26		500		487,915
4.25%, 04/27/26		1,430		1,391,835
4.63%, 07/19/28		2,000		1,947,189
Japan International Cooperation Agency 2.75%, 04/27/27		500		459,673
3.25%, 05/25/27		735		686,004
4.00%, 05/23/28		600		567,547

				11,901,493

Jersey — 0.0%
IDB Trust Services Ltd., 1.81%, 02/26/25^(d)		800		759,810


Jordan — 0.0%
Jordan Government International Bond 4.95%, 07/07/25^(d)		200		185,927
5.75%, 01/31/27^(d)		400		360,544
6.13%, 01/29/26^(d)		200		185,403
7.75%, 01/15/28^(d)		200		190,603

				922,477

Kazakhstan — 0.0%
Kazakhstan Government International Bond, 5.13%, 07/21/25^(d)		800		804,206


Kenya — 0.0%
Republic of Kenya Government International Bond 7.00%, 05/22/27^(d)		200		172,977
7.25%, 02/28/28^(d)		400		323,923

				496,900

Kuwait — 0.0%
Kuwait International Government Bond, 3.50%, 03/20/27^(d)		1,400		1,324,243


Lebanon — 0.0%
Lebanon Government International Bond 0.00%, 11/27/26^(d)(h)(i)		400		24,508
6.20%, 02/26/25^(d)(h)(i)		200		12,411
6.25%, 11/04/24^(d)(h)(i)		300		18,798
6.25%, 06/12/25^(d)		200		12,396
6.75%, 11/29/27^(d)(h)(i)		370		22,929
6.85%, 03/23/27^(d)(h)(i)		383		23,887

				114,929

Malaysia — 0.0%
Export-Import Bank of Malaysia Bhd, 1.83%, 11/26/26 (Call 10/26/26)^(d)		200		178,391
Malaysia Sovereign Sukuk Bhd, 3.04%, 04/22/25^(d).		352		340,564
Malaysia Sukuk Global Bhd, 3.18%, 04/27/26^(d)		350		334,080

				853,035

Mexico — 0.1%
Mexico Government International Bond 3.75%, 01/11/28		600		553,068
4.13%, 01/21/26		600		584,099
4.15%, 03/28/27		1,000		958,560
5.40%, 02/09/28 (Call 01/09/28)		600		588,603

				2,684,330


Security	Par (000)		Value

Mongolia — 0.0%
Mongolia Government International Bond
3.50%, 07/07/27^(d)	$	200	$	167,804
5.13%, 04/07/26^(d)		200		187,196
8.65%, 01/19/28^(d)		200		198,688

				553,688

Morocco — 0.0%
Morocco Government International Bond
2.38%, 12/15/27^(d)		200		170,962
5.95%, 03/08/28^(d)		400		390,983

				561,945

Namibia — 0.0%
Namibia International Bond, 5.25%, 10/29/25^(d)		200		189,786


Netherlands — 0.0%
BNG Bank NV, 3.50%, 05/19/28^(b)		980		918,086
Nederlandse Waterschapsbank NV, 0.50%, 12/02/25^(b)		45		40,848

				958,934

Nigeria — 0.0%
Nigeria Government International Bond
6.13%, 09/28/28^(d)		400		325,856
6.50%, 11/28/27^(d)		600		515,784
7.63%, 11/21/25^(d)		400		388,097

				1,229,737

Norway — 0.1%
Kommunalbanken AS
0.38%, 09/11/25^(b)		780		712,934
0.88%, 03/12/25^(b)		575		540,051
1.50%, 01/20/27^(b)(c)		910		813,818
4.50%, 09/01/28^(b)		2,000		1,952,225

				4,019,028

Oman — 0.1%
Oman Government International Bond
4.75%, 06/15/26^(d)		600		576,251
4.88%, 02/01/25^(d)		200		196,020
5.38%, 03/08/27^(d)		750		725,406
5.63%, 01/17/28^(d)		800		772,796
6.75%, 10/28/27^(d)		600		605,673
Oman Sovereign Sukuk Co., 5.93%, 10/31/25^(d)		400		398,549

				3,274,695

Pakistan — 0.0%
Pakistan Government International Bond
6.00%, 04/08/26^(d)		400		218,034
6.88%, 12/05/27^(d)		400		210,125
8.25%, 09/30/25^(d)		200		142,317

				570,476

Panama — 0.1%
Banco Latinoamericano de Comercio Exterior SA, 2.38%, 09/14/25 (Call 08/14/25)^(d)		200		186,031
Panama Government International Bond
3.75%, 03/16/25 (Call 12/16/24)		305		294,027
3.75%, 04/17/26^(d)		400		371,122
3.88%, 03/17/28 (Call 12/17/27)		400		358,659
7.13%, 01/29/26		400		404,075
8.88%, 09/30/27		350		375,248

				1,989,162

Paraguay — 0.0%
Paraguay Government International Bond, 4.70%, 03/27/27^(d)		200		190,467


Security	Par (000)		Value

Peru — 0.0%
Corp. Financiera de Desarrollo SA, 2.40%, 09/28/27 (Call 07/28/27)^(d)	$	200	$	170,909
Fondo MIVIVIENDA SA, 4.63%, 04/12/27 (Call 03/12/27)^(d)		150		141,243
Peruvian Government International Bond 2.39%, 01/23/26 (Call 12/23/25)		262		243,231
7.35%, 07/21/25		530		542,068

				1,097,451

Philippines — 0.1%
Philippine Government International Bond 3.00%, 02/01/28		800		722,074
3.23%, 03/29/27		200		185,250
5.17%, 10/13/27		200		197,112
5.50%, 03/30/26		200		200,004
10.63%, 03/16/25		600		640,614

				1,945,054

Poland — 0.0%
Republic of Poland Government International Bond 3.25%, 04/06/26		500		474,322
5.50%, 11/16/27 (Call 08/16/27)		600		602,803

				1,077,125

Qatar — 0.1%
Qatar Government International Bond 3.25%, 06/02/26^(d)		1,200		1,138,352
3.40%, 04/16/25^(d)		600		580,973
4.50%, 04/23/28^(d)		1,000		967,971

				2,687,296

Romania — 0.0%
Romanian Government International Bond 3.00%, 02/27/27^(d)		500		452,192
5.25%, 11/25/27^(d)		400		385,947
6.63%, 02/17/28^(d)		500		500,409

				1,338,548

Saudi Arabia — 0.2%
KSA Sukuk Ltd., 3.63%, 04/20/27^(d)		1,900		1,783,520
Saudi Government International Bond 2.50%, 02/03/27^(d)		600		544,203
2.90%, 10/22/25^(d)		800		757,101
3.25%, 10/26/26^(d)		1,800		1,684,773
3.63%, 03/04/28^(d)		1,600		1,477,089
4.00%, 04/17/25^(d)		1,400		1,362,661
4.75%, 01/18/28^(d)		800		773,641

				8,382,988

Serbia — 0.0%
Serbia International Bond, 6.25%, 05/26/28^(d)		200		194,782


South Africa — 0.1%
Republic of South Africa Government International Bond
4.30%, 10/12/28		400		344,937
4.85%, 09/27/27		200		184,181
4.88%, 04/14/26		600		571,519
5.88%, 09/16/25		600		591,306

				1,691,943

South Korea — 0.3%
Export-Import Bank of Korea 0.63%, 02/09/26		410		367,131
0.75%, 09/21/25		400		366,002
1.13%, 12/29/26		400		349,141


Security	Par (000)		Value

South Korea (continued)
1.25%, 01/18/25	$	200	$	189,935
1.63%, 01/18/27		400		354,307
1.88%, 02/12/25		600		573,041
2.38%, 04/21/27		200		180,188
2.63%, 05/26/26		800		745,108
2.88%, 01/21/25		500		484,092
3.25%, 11/10/25		200		191,213
4.25%, 09/15/27		200		190,976
5.00%, 01/11/28		400		392,106
5.13%, 09/18/28		600		589,315
Incheon International Airport Corp., 1.25%, 05/04/26^(d)		200		179,409
Industrial Bank of Korea, 1.04%, 06/22/25^(d)		200		185,440
Korea Development Bank (The)
1.25%, 06/03/25^(d)		800		747,690
1.38%, 04/25/27		200		173,884
1.75%, 02/18/25		500		476,016
4.38%, 02/15/28		400		382,339
Korea Electric Power Corp.
3.63%, 06/14/25^(d)		200		193,518
4.00%, 06/14/27^(d)		200		188,979
5.38%, 07/31/26^(d)		200		198,800
Korea Expressway Corp., 1.13%, 05/17/26^(d)		400		357,915
Korea Housing Finance Corp., 4.63%, 02/24/28^(d)		200		191,852
Korea Hydro & Nuclear Power Co. Ltd.
1.25%, 04/27/26^(d)		600		539,327
3.25%, 06/15/25^(d)		200		192,034
Korea International Bond
2.75%, 01/19/27		200		185,541
3.50%, 09/20/28		200		185,485
5.63%, 11/03/25		200		200,048
Korea Mine Rehabilitation & Mineral Resources Corp.
1.75%, 04/15/26^(d)		400		360,224
5.38%, 05/11/28^(d)		200		192,987
Korea National Oil Corp.
0.88%, 10/05/25^(d)		400		364,883
1.25%, 04/07/26^(d)		400		360,539
1.75%, 04/18/25^(d)		200		188,782
3.38%, 03/27/27^(d)		200		185,966
4.88%, 04/03/28^(d)		200		193,330
Korea SMEs and Startups Agency, 2.13%, 08/30/26^(d)		200		181,366
Korea South-East Power Co. Ltd., 1.00%, 02/03/26^(d)		200		180,177
Korea Water Resources Corp, 3.50%, 04/27/25^(d)		200		193,442

				11,952,528

Sri Lanka — 0.0%
Sri Lanka Government International Bond
6.13%, 06/03/25^(d)(h)(i)		400		206,783
6.20%, 05/11/27^(d)(h)(i)		200		99,520
6.83%, 07/18/26^(d)(h)(i)		400		205,431
6.85%, 11/03/25^(d)(h)(i)		810		417,351

				929,085

Supranational — 1.8%
Africa Finance Corp.
2.88%, 04/28/28^(b)		200		163,997
3.13%, 06/16/25^(d)		200		186,075
4.38%, 04/17/26^(d)		200		184,631


Security	Par (000)		Value

Supranational (continued)
African Development Bank 0.88%, 03/23/26	$	1,004	$	909,018
0.88%, 07/22/26		1,026		917,808
3.38%, 07/07/25		177		171,663
4.38%, 11/03/27		215		210,814
African Export-Import Bank (The), 2.63%, 05/17/26 (Call 04/17/26)^(b)		40		35,659
Arab Petroleum Investments Corp. 1.26%, 02/10/26^(d)		600		541,885
1.48%, 10/06/26^(b)		15		13,316
Asian Development Bank 0.38%, 09/03/25		2,002		1,834,372
0.50%, 02/04/26		2,010		1,813,614
0.63%, 04/29/25		2,362		2,203,437
1.00%, 04/14/26		4,045		3,667,838
1.50%, 01/20/27		2,015		1,809,381
1.75%, 08/14/26		60		54,957
2.00%, 01/22/25		391		374,897
2.00%, 04/24/26		565		524,722
2.13%, 03/19/25		7		6,698
2.38%, 08/10/27		70		64,042
2.63%, 01/12/27		105		97,812
2.75%, 01/19/28		1,000		915,112
2.88%, 05/06/25		487		469,792
3.13%, 08/20/27		500		469,683
5.82%, 06/16/28		10		10,295
6.22%, 08/15/27		60		62,155
Asian Infrastructure Investment Bank (The) 0.50%, 05/28/25		1,201		1,112,509
0.50%, 01/27/26		477		429,515
3.38%, 06/29/25		297		287,440
Banque Ouest Africaine de Developpement, 5.00%, 07/27/27^(b)(c)		905		801,992
Central American Bank for Economic Integration, 2.00%, 05/06/25^(b)		215		202,650
Council of Europe Development Bank 0.88%, 09/22/26		321		285,269
1.38%, 02/27/25		65		61,632
3.00%, 06/16/25		150		144,535
European Bank for Reconstruction & Development 0.50%, 05/19/25		1,447		1,342,958
0.50%, 11/25/25		77		70,082
0.50%, 01/28/26		327		295,093
1.50%, 02/13/25		939		893,511
4.38%, 03/09/28		1,000		976,339
European Investment Bank 0.38%, 12/15/25		1,597		1,446,742
0.38%, 03/26/26		1,822		1,631,617
0.63%, 07/25/25		1,947		1,800,663
0.75%, 10/26/26		1,685		1,490,901
1.38%, 03/15/27		270		240,581
1.63%, 03/14/25		1,209		1,149,738
1.88%, 02/10/25		974		932,407
2.13%, 04/13/26		335		312,556
2.38%, 05/24/27		80		73,450
2.75%, 08/15/25		245		234,951
3.25%, 11/15/27		1,220		1,148,101
Inter-American Development Bank 0.63%, 07/15/25		2,194		2,030,143
0.63%, 09/16/27		55		46,826
0.88%, 04/03/25		1,197		1,123,392


Security	Par (000)		Value

Supranational (continued)
0.88%, 04/20/26	$	2,825	$	2,553,313
1.13%, 07/20/28		10		8,393
1.50%, 01/13/27		25		22,456
1.75%, 03/14/25		1,727		1,644,681
2.00%, 06/02/26		686		634,945
2.00%, 07/23/26		265		244,534
2.13%, 01/15/25		623		599,090
2.38%, 07/07/27		175		160,208
3.13%, 09/18/28		10		9,199
7.00%, 06/15/25		42		42,941
Inter-American Investment Corp., 4.13%, 02/15/28		305		292,955
International Bank for Reconstruction & Development
0.38%, 07/28/25		6,356		5,846,641
0.50%, 10/28/25		2,705		2,469,859
0.63%, 04/22/25		3,970		3,707,578
0.75%, 03/11/25		1,941		1,823,877
0.75%, 11/24/27		785		666,496
0.85%, 02/10/27 (Call 11/10/23)		20		17,268
0.88%, 07/15/26		145		129,937
1.13%, 09/13/28		10		8,352
1.38%, 04/20/28		1,010		865,258
1.63%, 01/15/25		601		574,472
1.88%, 10/27/26		383		350,249
2.13%, 03/03/25		242		231,845
2.50%, 11/25/24		799		774,215
2.50%, 07/29/25		2,354		2,248,011
2.50%, 11/22/27		65		59,375
3.13%, 11/20/25		543		521,790
3.13%, 06/15/27		3,500		3,292,577
International Finance Corp.
0.38%, 07/16/25		1,548		1,426,523
0.75%, 10/08/26		110		97,454
2.13%, 04/07/26		37		34,507
3.63%, 09/15/25		147		142,946
ISDB Trust Services No. 2 SARL, 1.26%, 03/31/26^(d)		1,075		974,152
Nordic Investment Bank
0.38%, 09/11/25		505		462,326
2.63%, 04/04/25		200		192,427
3.38%, 09/08/27		200		189,560

				71,599,676

Sweden — 0.1%
Svensk Exportkredit AB
0.50%, 08/26/25		1,157		1,060,338
0.63%, 05/14/25		1,040		965,757
2.25%, 03/22/27		20		18,240
4.13%, 06/14/28		5		4,798

				2,049,133

Thailand — 0.0%
Export Import Bank of Thailand, 1.46%, 10/15/25^(d)		200		183,552


Trinidad and Tobago — 0.0%
Trinidad & Tobago Government International Bond, 4.50%, 08/04/26^(d)		400		381,014


Tunisia — 0.0%
Tunisian Republic, 5.75%, 01/30/25^(d)		428		297,497


Security	Par (000)		Value

Turkey — 0.3%
Hazine Mustesarligi Varlik Kiralama AS 4.49%, 11/25/24^(d)	$	400	$	388,165
5.13%, 06/22/26^(d)		900		835,921
7.25%, 02/24/27^(d)		1,000		968,589
9.76%, 11/13/25^(d)		800		827,746
Istanbul Metropolitan Municipality, 6.38%, 12/09/25^(d)		200		187,127
Turkey Government International Bond 4.25%, 03/13/25		600		572,604
4.25%, 04/14/26		600		550,464
4.75%, 01/26/26		600		560,996
4.88%, 10/09/26		1,000		917,546
5.13%, 02/17/28		400		354,536
5.60%, 11/14/24		600		589,774
6.00%, 03/25/27		1,000		937,366
6.13%, 10/24/28		600		542,892
6.38%, 10/14/25		800		778,729
7.38%, 02/05/25		1,144		1,145,543
8.60%, 09/24/27		600		605,013
9.88%, 01/15/28		1,600		1,673,185
Turkiye Ihracat Kredi Bankasi AS, 5.75%, 07/06/26^(d)		600		558,771
Turkiye Vakiflar Bankasi TAO, 5.50%, 10/01/26^(d)		200		184,210

				13,179,177

Ukraine — 0.0%
Ukraine Government International Bond 7.75%, 09/01/23^(d)(h)(i)		604		185,555
7.75%, 09/01/24^(d)(h)(i)		500		143,740
7.75%, 09/01/25^(d)(h)(i)		500		141,729
7.75%, 09/01/26^(d)(i)		200		48,000
8.99%, 02/01/26^(d)(h)(i)		200		60,935

				579,959

United Arab Emirates — 0.1%
Abu Dhabi Government International Bond 2.50%, 04/16/25^(d)		1,000		955,301
3.13%, 05/03/26^(d)		1,000		944,188
3.13%, 10/11/27^(d)		1,600		1,477,105
RAK Capital, 3.09%, 03/31/25^(d)		300		286,601
Sharjah Sukuk Program Ltd. 2.94%, 06/10/27^(d)		400		358,956
3.85%, 04/03/26^(d)		600		570,810
4.23%, 03/14/28^(d)		200		184,907

				4,777,868

Uruguay — 0.0%
Uruguay Government International Bond, 4.38%, 10/27/27		500		494,036


Vietnam — 0.0%
Vietnam Government International Bond, 4.80%, 11/19/24^(d)		254		249,026


Zambia — 0.0%
Zambia Government International Bond, 8.97%, 07/30/27^(d)(h)(i)		400		243,759


Total Foreign Government Obligations — 5.7% (Cost: $248,413,876)				232,186,807


Security	Par (000)		Value

Municipal Debt Obligations

California — 0.0%
California Earthquake Authority, 5.60%, 07/01/27	$	200	$	197,879
University of California RB
Series BG, 0.88%, 05/15/25 (Call 04/15/25)		70		65,092
Series BG, 1.32%, 05/15/27 (Call 03/15/27)		600		520,950

				783,921

Florida — 0.1%
State Board of Administration Finance Corp. RB 1.26%, 07/01/25^(c)		650		605,595
1.71%, 07/01/27		250		216,784

				822,379

Oregon — 0.0%
State of Oregon GO, 5.89%, 06/01/27		500		504,396


Wisconsin — 0.0%
State of Wisconsin RB, Series C, 3.15%, 05/01/27		215		199,724


Total Municipal Debt Obligations — 0.1% (Cost: $2,395,714)				2,310,420


U.S. Government & Agency Obligations

Mortgage-Backed Securities — 5.5%
Federal Home Loan Mortgage Corp. 2.50%, 01/01/30		250		233,543
2.50%, 08/01/31		218		200,795
2.50%, 10/01/31		538		492,909
2.50%, 12/01/31		297		272,251
2.50%, 02/01/32		354		325,070
2.50%, 01/01/33		930		848,902
3.00%, 05/01/29		8,389		8,031,908
3.00%, 05/01/30		229		215,896
3.00%, 06/01/30		19		17,782
3.00%, 07/01/30		172		162,509
3.00%, 12/01/30		258		242,641
3.00%, 05/01/31		93		87,239
3.00%, 06/01/31		64		60,226
3.50%, 05/01/32		48		45,277
3.50%, 09/01/32		41		39,176
3.50%, 07/01/33		97		90,133
3.50%, 06/01/34		453		417,699
4.00%, 05/01/33		88		83,385
4.28%, 02/01/45^(a)		8		8,385
Federal National Mortgage Association 4.43%, 04/01/44^(a)		30		29,216
5.83%, 12/01/44^(a)		7		6,836
Series 2016-M3, Class A2, 2.70%, 02/25/26		4,177		3,934,992
Series 2019-M25, Class A1, 2.14%, 11/25/29		122		120,086
Freddie Mac Multifamily Structured Pass Through Certificates
Series K042, Class A2, 2.67%, 12/25/24 (Call 12/25/24)		5,000		4,844,046
Series K048, Class A2, 3.28%, 06/25/25 (Call 08/25/25)^(a)		1,347		1,300,909
Series K049, Class A2, 3.01%, 07/25/25 (Call 08/25/25)		1,129		1,083,531
Series K051, Class A2, 3.31%, 09/25/25 (Call 10/25/25)		1,622		1,560,112
Series K053, Class A2, 3.00%, 12/25/25 (Call 01/25/26)		1,000		952,475


Security	Par (000)		Value

Mortgage-Backed Securities (continued)
Series K067, Class A1, 2.90%, 03/25/27 (Call 09/25/27)	$	2,373	$	2,268,540
Series K-1512, Class A2, 2.99%, 05/25/31 (Call 10/25/34)		460		387,667
Series K-1512, Class A3, 3.06%, 04/25/34 (Call 10/25/34)		450		355,886
Series K729, Class A1, 2.95%, 02/25/24 (Call 11/25/24)		68		67,222
Uniform Mortgage-Backed Securities
1.50%, 02/01/36		2,083		1,713,067
1.50%, 03/01/36		2,266		1,863,172
1.50%, 10/01/36		2,254		1,863,215
1.50%, 11/01/36		1,899		1,574,765
1.50%, 02/01/37		12,569		10,333,627
1.50%, 03/01/37		8,998		7,392,719
1.50%, 08/01/37		1,585		1,302,953
2.00%, 10/01/35		9,354		7,961,681
2.00%, 11/01/35		3,111		2,651,052
2.00%, 12/01/35		6,174		5,242,796
2.00%, 02/01/36		19,293		16,401,653
2.00%, 03/01/36		6,794		5,766,740
2.00%, 04/01/36		11,664		9,884,360
2.00%, 05/01/36		11,882		10,099,435
2.00%, 06/01/36		13,429		11,378,480
2.00%, 07/01/36		7,000		5,951,161
2.00%, 08/01/36		736		623,495
2.00%, 10/01/36		1,603		1,359,632
2.00%, 11/01/36		7,440		6,314,644
2.00%, 12/01/36		10,230		8,677,895
2.00%, 01/01/37		7,383		6,275,026
2.00%, 02/01/37		4,581		3,881,641
2.50%, 07/01/28		304		286,975
2.50%, 12/01/29		71		67,500
2.50%, 03/01/30		42		39,072
2.50%, 07/01/30		52		48,017
2.50%, 08/01/30		152		140,836
2.50%, 12/01/30		26		23,842
2.50%, 01/01/31		22		20,760
2.50%, 05/01/31		455		418,908
2.50%, 08/01/31		621		572,011
2.50%, 09/01/31		487		445,231
2.50%, 10/01/31		2,269		2,100,416
2.50%, 12/01/31		740		678,805
2.50%, 01/01/32		1,561		1,430,278
2.50%, 02/01/32		604		554,737
2.50%, 03/01/32		578		527,795
2.50%, 04/01/32		4,060		3,729,701
2.50%, 07/01/32		4,448		4,095,576
2.50%, 10/01/32		87		79,401
2.50%, 01/01/33		694		636,914
2.50%, 07/01/35		6,197		5,439,043
2.50%, 10/01/35		621		544,774
2.50%, 03/01/36		1,422		1,246,851
2.50%, 05/01/36		9,280		8,109,995
2.50%, 06/01/36		234		204,227
2.50%, 07/01/36		565		493,559
2.50%, 08/01/36		2,823		2,467,122
2.50%, 04/01/37		1,754		1,529,585
2.50%, 05/01/37		498		434,351
2.50%, 11/15/38^(l)		675		588,067
3.00%, 10/01/27		24		22,889


Security	Par (000)		Value

Mortgage-Backed Securities (continued)
3.00%, 10/01/28	$	105	$	100,513
3.00%, 11/01/28		110		105,262
3.00%, 03/01/30		3,536		3,388,941
3.00%, 04/01/30		59		55,098
3.00%, 07/01/30		38		35,957
3.00%, 08/01/30		136		127,301
3.00%, 09/01/30		202		189,406
3.00%, 10/01/30		110		103,498
3.00%, 11/01/30		24		22,564
3.00%, 12/01/30		92		86,410
3.00%, 01/01/31		1,269		1,197,037
3.00%, 02/01/31		642		602,942
3.00%, 03/01/31		141		132,695
3.00%, 04/01/31		70		66,043
3.00%, 06/01/31		408		381,056
3.00%, 09/01/31		131		123,102
3.00%, 10/01/31		21		19,526
3.00%, 01/01/32		431		403,853
3.00%, 02/01/32		883		826,735
3.00%, 03/01/32		127		118,204
3.00%, 06/01/32		431		403,531
3.00%, 11/01/32		430		400,151
3.00%, 12/01/32		722		669,603
3.00%, 10/01/33		507		459,968
3.00%, 07/01/34		222		201,257
3.00%, 09/01/34		2,540		2,301,635
3.00%, 11/01/34		372		337,400
3.00%, 07/01/37		832		746,160
3.00%, 11/15/38^(l)		453		404,975
3.50%, 01/01/27		4		3,620
3.50%, 12/01/29		10		9,160
3.50%, 07/01/30		102		97,825
3.50%, 10/01/30		46		43,694
3.50%, 11/01/30		6		5,731
3.50%, 03/01/31		66		62,194
3.50%, 06/01/31		110		105,277
3.50%, 01/01/32		63		59,727
3.50%, 05/01/32		98		92,607
3.50%, 06/01/32		123		116,293
3.50%, 07/01/32		33		31,000
3.50%, 08/01/32		32		29,863
3.50%, 09/01/32		192		182,565
3.50%, 10/01/32		32		30,492
3.50%, 11/01/32		21		20,195
3.50%, 03/01/33		343		323,219
3.50%, 04/01/33		422		397,964
3.50%, 05/01/33		267		248,027
3.50%, 06/01/33		469		435,657
3.50%, 02/01/34		3,547		3,294,958
3.50%, 07/01/34		543		523,547
3.50%, 08/01/34		467		430,427
3.50%, 01/01/35		372		343,035
3.50%, 11/15/38^(l)		174		158,843
4.00%, 07/01/29		33		32,065
4.00%, 07/01/32		116		113,892
4.00%, 05/01/33		196		185,564
4.00%, 06/01/33		96		90,736
4.00%, 07/01/33		61		57,271
4.00%, 12/01/33		283		277,581
4.00%, 11/15/38^(l)		4,554		4,245,270
4.50%, 11/15/38^(l)		112		106,216


Security	Par (000)		Value

Mortgage-Backed Securities (continued)
5.00%, 11/15/38^(l)	$	178	$	171,695

				220,614,724

U.S. Government Agency Obligations — 0.6%
Federal Farm Credit Banks Funding Corp., 1.85%, 07/26/24		35		34,076
Federal Home Loan Banks 1.50%, 08/15/24		260		251,951
3.25%, 06/09/28		1,000		929,231
Federal Home Loan Mortgage Corp., 0.25%, 12/04/23		2,470		2,458,307
Federal National Mortgage Association 0.50%, 06/17/25		13,000		12,050,036
0.63%, 04/22/25		200		187,008
1.75%, 07/02/24		6,850		6,683,448
2.50%, 02/05/24^(c)		705		699,364
2.63%, 09/06/24^(c)		2,550		2,490,799

				25,784,220

U.S. Government Obligations — 47.5%
U.S. Treasury Note/Bond 0.25%, 05/31/25		12,000		11,104,219
0.25%, 06/30/25		15,000		13,835,156
0.25%, 07/31/25		16,460		15,124,554
0.25%, 08/31/25		12,000		10,987,500
0.25%, 09/30/25		14,700		13,418,918
0.25%, 10/31/25		20,700		18,821,637
0.38%, 04/30/25		13,100		12,190,676
0.38%, 12/31/25		7,200		6,524,437
0.38%, 01/31/26		17,550		15,836,133
0.38%, 09/30/27		17,100		14,388,047
0.50%, 03/31/25		16,800		15,716,531
0.50%, 02/28/26		19,000		17,141,562
0.50%, 04/30/27		18,000		15,491,250
0.50%, 05/31/27		14,000		12,006,094
0.50%, 06/30/27		9,570		8,180,107
0.50%, 08/31/27		10,600		8,995,922
0.50%, 10/31/27		23,100		19,467,164
0.63%, 07/31/26		18,850		16,797,117
0.63%, 11/30/27		25,000		21,111,328
0.75%, 03/31/26		16,000		14,492,500
0.75%, 04/30/26		13,720		12,380,156
0.75%, 05/31/26		18,280		16,437,719
0.75%, 08/31/26		19,500		17,374,805
0.88%, 06/30/26		17,800		16,033,906
0.88%, 09/30/26		19,670		17,561,622
1.00%, 07/31/28		15,000		12,561,328
1.13%, 02/28/25		18,000		17,038,828
1.13%, 10/31/26		18,800		16,849,500
1.13%, 02/28/27		6,400		5,673,000
1.13%, 02/29/28		20,000		17,109,375
1.13%, 08/31/28		19,000		15,965,937
1.25%, 11/30/26		45,780		41,066,091
1.25%, 12/31/26		21,950		19,652,109
1.25%, 03/31/28		20,000		17,156,250
1.25%, 05/31/28		5,600		4,775,750
1.25%, 06/30/28		4,500		3,826,758
1.25%, 09/30/28		10,000		8,430,469
1.38%, 01/31/25		9,000		8,573,555
1.38%, 08/31/26		8,860		8,039,066
1.50%, 02/15/25		22,300		21,244,234
1.50%, 08/15/26		20,700		18,870,961



Security	Par (000)		Value

U.S. Government Obligations (continued)
1.50%, 01/31/27	$	35,700	$	32,110,477
1.63%, 02/15/26		17,000		15,764,844
1.63%, 05/15/26		18,000		16,578,281
1.63%, 10/31/26		17,500		15,922,266
1.75%, 03/15/25		19,900		18,976,516
1.75%, 12/31/26		10,000		9,091,406
1.88%, 02/28/27		28,000		25,438,438
2.00%, 02/15/25		22,500		21,573,633
2.00%, 08/15/25		16,800		15,905,531
2.00%, 11/15/26		25,000		22,974,609
2.13%, 05/15/25		19,000		18,139,062
2.25%, 11/15/25		16,400		15,514,656
2.25%, 03/31/26		4,000		3,754,375
2.25%, 02/15/27		22,300		20,535,164
2.25%, 08/15/27		20,350		18,512,141
2.25%, 11/15/27		20,900		18,906,336
2.38%, 05/15/27		23,450		21,552,016
2.50%, 01/31/25		9,300		8,983,219
2.50%, 02/28/26		4,000		3,782,812
2.50%, 03/31/27		31,000		28,716,172
2.63%, 03/31/25		5,250		5,061,123
2.63%, 04/15/25		19,000		18,305,312
2.63%, 01/31/26		8,500		8,070,352
2.63%, 05/31/27		2,000		1,852,969
2.75%, 02/28/25		10,450		10,107,518
2.75%, 05/15/25		13,790		13,288,496
2.75%, 06/30/25		8,000		7,693,750
2.75%, 08/31/25		16,000		15,335,625
2.75%, 04/30/27		32,800		30,575,750
2.75%, 07/31/27		21,440		19,887,275
2.75%, 02/15/28		20,000		18,379,688
2.88%, 04/30/25		11,100		10,724,508
2.88%, 05/31/25		7,000		6,756,094
2.88%, 06/15/25		16,000		15,427,500
2.88%, 07/31/25		6,000		5,772,891
2.88%, 11/30/25		4,900		4,690,602
2.88%, 05/15/28		25,000		22,996,094
2.88%, 08/15/28		22,000		20,138,594
3.00%, 07/15/25		15,900		15,341,637
3.00%, 09/30/25		20,000		19,238,281
3.00%, 10/31/25		24,900		23,920,535
3.13%, 08/15/25		37,300		36,022,184
3.13%, 08/31/27		25,000		23,484,375
3.25%, 06/30/27		20,000		18,923,438
3.50%, 09/15/25		21,200		20,592,156
3.50%, 01/31/28		31,200		29,588,813
3.50%, 04/30/28		28,000		26,495,000
3.63%, 03/31/28		23,000		21,893,125
3.63%, 05/31/28		19,800		18,828,562
3.88%, 03/31/25		20,000		19,624,219
3.88%, 04/30/25		28,000		27,457,500
3.88%, 11/30/27		28,180		27,151,870
3.88%, 12/31/27		19,760		19,032,894
4.00%, 12/15/25		12,000		11,749,688
4.00%, 02/29/28		40,978		39,633,409
4.00%, 06/30/28		16,000		15,445,000
4.13%, 01/31/25		14,000		13,797,656
4.13%, 09/30/27		24,000		23,366,250
4.13%, 10/31/27		31,340		30,492,841
4.13%, 07/31/28		30,300		29,393,367
4.25%, 05/31/25		45,000		44,351,367



Security	Par (000)		Value

U.S. Government Obligations (continued)
4.25%, 10/15/25	$	24,600	$	24,214,664
4.38%, 08/31/28		17,000		16,674,609
4.50%, 11/15/25		15,200		15,033,750
4.63%, 02/28/25		6,900		6,839,894
4.63%, 06/30/25		43,032		42,665,556
4.63%, 09/30/28		34,500		34,181,953
4.75%, 07/31/25		38,500		38,248,848
7.50%, 11/15/24		500		510,762


				1,920,242,569


Total U.S. Government & Agency Obligations — 53.6% (Cost: $2,295,040,329)				2,166,641,513


	Shares

Common Stocks

Financial Services — 0.0%
HoldCo.^(j)		16,280		—


Health Care Technology — 0.0%
Quincy Health LLC^(i)(j)		978		—


Metals & Mining — 0.0%
Foresight Energy LLC^(j)		112		—


Total Common Stocks — 0.0% (Cost $212,146)				—


Preferred Stocks

Financial Services — 0.0%
HoldCo. Preference Shares^(j)		104		—


Total Preferred Stocks — 0.0% (Cost $97)				—


Total Long-Term Investments — 98.5% (Cost: $4,226,294,032)				3,982,037,499


Short-Term Securities

Money Market Funds — 1.4%
BlackRock Cash Funds: Institutional, SL Agency Shares, 5.54%^(m)(n)(o)		18,933,697		18,941,271
BlackRock Cash Funds: Treasury, SL Agency Shares, 5.33%^(m)(n)(p)		37,406,575		37,406,575


Total Short-Term Securities — 1.4% (Cost: $56,343,005)				56,347,846


Total Investments — 99.9% (Cost: $4,282,637,037)				4,038,385,345

Other Assets Less Liabilities — 0.1%				5,725,410


Net Assets — 100.0%			$	4,044,110,755

^(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)	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.

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

^(d)	This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933.

^(e)	Perpetual security with no stated maturity date.

^(f)	Payment-in-kind security which may pay interest/dividends in additional par/shares and/or in cash. Rates shown are the current rate and possible payment rates.

^(g)	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.

^(h)	Issuer filed for bankruptcy and/or is in default.

⁽ⁱ⁾	Non-income producing security.

^(j)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.

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

^(l)	Represents or includes a TBA transaction.

^(m)	Affiliate of the Fund.

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

^(o)	All or a portion of this security represents an investment of TBA cash collateral.

Investments in issuers considered to be affiliate(s) of the Fund during the year ended October 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

Corporate Bonds & Notes

Australia — 0.4%
AGI Finance Pty Ltd., 2.12%, 06/24/27 (Call 03/24/27)	AUD	200	$	110,609
Amcor UK Finance PLC, 1.13%, 06/23/27 (Call 04/23/27)	EUR	200		189,771
APA Infrastructure Ltd.
1.25%, 03/15/33 (Call 12/15/32)^(a)	EUR	100		76,121
2.00%, 03/22/27^(a)	EUR	100		97,178
3.50%, 03/22/30^(a)	GBP	300		306,248
APT Pipelines Ltd., 0.75%, 03/15/29 (Call 12/15/28)^(a)	EUR	300		257,843
Aurizon Finance Pty Ltd., 3.00%, 03/09/28 (Call 12/09/27)	AUD	100		54,317
Aurizon Network Pty Ltd., 2.00%, 09/18/24^(a)	EUR	200		207,463
Ausgrid Finance Pty Ltd., 3.75%, 10/30/24 (Call 08/01/24)^(a)	AUD	200		124,839
AusNet Services Holdings Pty Ltd.
0.63%, 08/25/30^(a)	EUR	300		248,284
2.60%, 07/31/29	AUD	300		154,520
3.00%, 02/13/24^(a)	EUR	200		210,770
AusNet Services Holdings Pty. Ltd., 1.63%, 03/11/81 (Call 09/11/26)^(a)(b)	EUR	200		182,741
Australia & New Zealand Banking Group Ltd. 0.45%, 11/22/23^(a)	EUR	200		211,219
0.67%, 05/05/31 (Call 05/05/26)^(a)(b)	EUR	200		188,418
0.75%, 09/29/26^(a)	EUR	700		676,829
3.10%, 02/08/24^(a)	AUD	300		189,456
5.10%, 02/03/33 (Call 02/03/28)^(a)(b)	EUR	100		104,693
5.91%, 08/12/32 (Call 08/12/27)^(b)	AUD	500		310,549
6.74%, 02/10/38 (Call 02/10/33)^(a)(b)	AUD	550		338,951
Australia Pacific Airports Melbourne Pty Ltd., 3.76%, 11/25/31 (Call 08/25/31)	AUD	300		155,069
BHP Billiton Finance Ltd.
Series 11, 3.25%, 09/25/24^(a)	GBP	150		178,601
Series 12, 4.30%, 09/25/42	GBP	300		288,128
Series 17, 1.50%, 04/29/30 (Call 01/29/30)^(a)	EUR	345		308,729
Brambles Finance PLC, 1.50%, 10/04/27 (Call 07/04/27)^(a)	EUR	100		96,460
Brisbane Airport Corp. Pty Ltd., 4.50%, 12/30/30 (Call 10/01/30)	AUD	300		167,770
Charter Hall Ltd., 2.09%, 03/03/28 (Call 12/03/27)^(a)	AUD	100		52,021
Commonwealth Bank of Australia
0.13%, 10/15/29^(a)	EUR	500		428,028
0.50%, 07/27/26^(a)	EUR	100		97,023
0.88%, 02/19/29^(a)	EUR	400		365,798
1.13%, 01/18/28^(a)	EUR	100		95,819
3.00%, 01/11/24^(a)	AUD	200		126,462
3.00%, 09/04/26^(a)	GBP	100		114,289
4.95%, 04/14/32 (Call 04/14/27)^(b)	AUD	600		363,045
6.70%, 03/15/38 (Call 03/15/33)^(b)	AUD	600		368,891
Computershare U.S. Inc., 1.13%, 10/07/31 (Call 07/07/31)^(a)	EUR	100		77,932
Glencore Capital Finance Designated Co., 1.13%, 03/10/28 (Call 12/10/27)^(a)	EUR	550		503,149
Glencore Finance Europe Ltd., 1.75%, 03/17/25 (Call 12/17/24)^(a)	EUR	360		368,259
Lendlease Finance Ltd., 3.70%, 03/31/31 (Call 12/31/30)^(a)	AUD	100		47,230


Security	Par (000)		Value

Australia (continued)
Lonsdale Finance Pty Ltd., 2.45%, 11/20/26 (Call 08/20/26)^(a)	AUD	200	$	114,984
Macquarie Bank Ltd., 1.75%, 08/07/24^(a)	AUD	400		247,605
Macquarie Group Ltd.
0.63%, 02/03/27^(a)	EUR	300		280,555
0.95%, 05/21/31^(a)	EUR	300		243,920
2.13%, 10/01/31^(a)	GBP	300		272,632
National Australia Bank Ltd.
0.00%, 01/06/29^(a)	EUR	300		262,221
0.30%, 10/31/25^(a)	CHF	150		160,104
0.75%, 01/30/26^(a)	EUR	200		198,145
1.13%, 05/20/31^(a)	EUR	236		209,658
1.70%, 09/15/31 (Call 09/15/26)^(a)(b)	GBP	200		207,294
2.25%, 06/06/25^(a)	EUR	200		206,404
2.35%, 08/30/29^(a)	EUR	200		195,822
2.90%, 02/26/24^(a)	AUD	200		126,113
2.90%, 02/25/27	AUD	500		292,473
6.32%, 08/03/32 (Call 08/03/27)^(a)(b)	AUD	300		189,309
NBN Co. Ltd.
4.38%, 03/15/33 (Call 12/15/32)^(a)	EUR	300		314,120
5.20%, 08/25/28^(a)	AUD	600		371,563
NSW Electricity Networks Finance Pty Ltd.,
2.54%, 09/23/30 (Call 06/25/30)^(a)	AUD	150		72,324
Optus Finance Pty Ltd., 1.00%, 06/20/29 (Call 03/20/29)^(a)	EUR	400		350,734
Origin Energy Finance Ltd., 1.00%, 09/17/29 (Call 06/17/29)^(a)	EUR	230		230,795
Pacific National Finance Pty Ltd.
3.80%, 09/08/31 (Call 06/10/31)^(a)	AUD	150		70,408
5.25%, 05/19/25	AUD	50		31,019
Qantas Airways Ltd., 2.95%, 11/27/29 (Call 08/27/29)^(a)	AUD	250		127,663
Scentre Group Trust 1/Scentre Group Trust 2,
1.45%, 03/28/29 (Call 12/28/28)^(a)	EUR	100		88,318
Sydney Airport Finance Co. Pty. Ltd., 4.38%, 05/03/33 (Call 02/03/33)^(a)	EUR	100		103,723
Telstra Corp. Ltd., 1.38%, 03/26/29 (Call 12/26/28)^(a)	EUR	300		280,467
Toyota Finance Australia Ltd.
0.25%, 04/09/24^(a)	EUR	200		208,145
0.44%, 01/13/28^(a)	EUR	500		459,759
Transurban Finance Co. Pty Ltd.
2.00%, 08/28/25 (Call 05/28/25)^(a)	EUR	100		102,072
3.00%, 04/08/30 (Call 01/08/30)^(a)	EUR	200		194,277
Transurban Finance Co. Pty. Ltd., 4.23%, 04/26/33 (Call 01/26/33)^(a)	EUR	100		102,454
Wesfarmers Ltd., 1.94%, 06/23/28 (Call 03/23/28)^(a)	AUD	200		107,830
WestConnex Finance Co. Pty Ltd., 3.15%, 03/31/31 (Call 12/31/30)^(a)	AUD	150		74,884
Westpac Banking Corp.
0.38%, 04/02/26^(a)	EUR	300		293,046
0.38%, 09/22/36^(a)	EUR	300		201,411
0.50%, 05/17/24^(a)	EUR	200		207,657
0.50%, 01/16/25^(a)	EUR	200		203,195
0.77%, 05/13/31 (Call 05/13/26)^(a)(b)	EUR	450		424,690
1.13%, 09/05/27^(a)	EUR	520		494,183
1.38%, 05/17/32^(a)	EUR	300		259,948
2.40%, 01/25/27	AUD	200		115,365
3.25%, 11/16/23	AUD	100		63,404
3.90%, 08/11/25^(a)	AUD	400		247,907


Security	Par (000)		Value

Australia (continued)
6.93%, 06/23/38^(a)(b)	AUD	300	$	187,330
Woolworths Group Ltd., 2.80%, 05/20/30^(a)	AUD	300		155,432


				17,794,884

Austria — 0.3%
Autobahnen- und
Schnellstrassen-Finanzierungs-AG, 0.25%, 10/18/24^(a)	EUR	400		409,256
BAWAG PSK Bank fuer Arbeit und Wirtschaft und Oesterreichische Postsparkasse AG
0.00%, 09/23/30^(a)	EUR	100		82,691
0.10%, 05/12/31^(a)	EUR	200		162,379
0.63%, 06/19/34^(a)	EUR	200		152,658
1.13%, 07/31/28^(a)	EUR	300		284,299
1.75%, 03/08/30^(a)	EUR	200		189,412
2.00%, 08/25/32^(a)	EUR	600		550,456
Erste Group Bank AG
0.00%, 09/11/29^(a)	EUR	200		172,240
0.25%, 01/27/31^(a)	EUR	500		398,847
0.50%, 01/12/37^(a)	EUR	200		137,524
0.63%, 04/17/26^(a)	EUR	200		196,758
0.63%, 01/18/27^(a)	EUR	300		289,733
0.88%, 05/13/27^(a)	EUR	400		378,779
1.00%, 06/10/30 (Call 06/10/25)^(a)(b)	EUR	200		194,541
2.50%, 09/19/30^(a)	EUR	300		295,963
HYPO NOE Landesbank fuer Niederoesterreich und Wien AG
0.00%, 06/18/27	EUR	500		465,913
1.38%, 04/14/25^(a)	EUR	500		505,197
1.63%, 05/11/29	EUR	300		286,705
Hypo Vorarlberg Bank AG
0.00%, 10/12/29^(a)	EUR	200		171,266
0.63%, 07/17/26^(a)	EUR	300		292,883
Mondi Finance PLC, 1.63%, 04/27/26 (Call 01/27/26)^(a)	EUR	300		299,224
OeBB-Infrastruktur AG
1.00%, 11/18/24^(a)	EUR	750		770,791
3.00%, 10/24/33	EUR	325		330,724
3.38%, 05/18/32^(a)	EUR	650		685,459
Oesterreichische Kontrollbank AG, 0.25%, 09/26/24^(a)	EUR	200		204,887
OMV AG
1.88%, 12/04/28^(a)	EUR	456		440,207
2.00%, 04/09/28^(a)	EUR	583		575,896
2.88%, (Call 06/01/29)^(a)(b)(c)	EUR	100		87,446
Raiffeisen Bank International AG
0.05%, 09/01/27^(a)	EUR	400		351,082
1.50%, 05/24/28^(a)	EUR	200		195,924
1.50%, 03/12/30 (Call 03/12/25)^(a)(b)	EUR	300		283,135
2.88%, 09/28/26^(a)	EUR	300		309,145
5.75%, 01/27/28^(a)	EUR	400		432,536
Raiffeisen Landesbank Vorarlberg mit Revisionsverband eGen, 0.38%, 11/13/34	EUR	200		148,201
Raiffeisenlandesbank
Niederoesterreich-Wien AG
0.38%, 09/13/24^(a)	EUR	300		307,741
0.50%, 01/22/35^(a)	EUR	200		147,169
0.63%, 08/28/26	EUR	100		97,375
2.38%, 08/31/32^(a)	EUR	300		285,245
3.25%, 01/11/30^(a)	EUR	500		517,119
Raiffeisen-Landesbank Steiermark AG, 1.38%, 05/11/33^(a)	EUR	100		85,610


Security	Par (000)		Value

Austria (continued)
Telekom Finanzmanagement GmbH, 1.50%, 12/07/26 (Call 09/07/26)^(a)	EUR	300	$	299,017
UniCredit Bank Austria AG
0.25%, 06/21/30^(a)	EUR	100		85,215
0.63%, 03/20/29^(a)	EUR	200		181,532
0.75%, 02/25/25^(a)	EUR	300		304,468
1.50%, 05/24/28^(a)	EUR	300		290,197
2.38%, 09/20/27^(a)	EUR	200		202,806
UNIQA Insurance Group AG, 6.00%, 07/27/46 (Call 07/27/26), (3-mo. EURIBOR + 5.817%)^(a)(b)	EUR	100		106,413
Verbund AG, 1.50%, 11/20/24^(a)	EUR	200		206,533
Vienna Insurance Group AG Wiener
Versicherung Gruppe
1.00%, 03/26/36 (Call 12/26/35)^(a)	EUR	100		75,166
4.88%, 06/15/42 (Call 06/15/32), (3-mo. EURIBOR + 3.950%)^(a)(b)	EUR	100		97,567
Volksbank Wien AG, 0.13%, 11/19/29	EUR	200		171,732


				14,193,062

Belgium — 0.3%
Ageas SA/NV, 1.88%, 11/24/51 (Call 05/24/31), (3-mo. EURIBOR + 3.100%)^(a)(b)	EUR	200		153,851
Aliaxis Finance SA, 0.88%, 11/08/28 (Call 08/08/28)^(a)	EUR	200		169,302
Anheuser-Busch InBev Finance Inc., Series MPLE, 4.32%, 05/15/47 (Call 11/15/46)	CAD	100		59,326
Anheuser-Busch InBev SA/NV
1.15%, 01/22/27 (Call 10/22/26)^(a)	EUR	800		781,045
1.50%, 04/18/30^(a)	EUR	568		524,089
2.13%, 12/02/27 (Call 09/02/27)^(a)	EUR	600		597,214
2.25%, 05/24/29^(a)	GBP	100		105,973
2.70%, 03/31/26^(a)	EUR	100		103,155
2.75%, 03/17/36^(a)	EUR	670		610,180
2.85%, 05/25/37^(a)	GBP	100		91,927
2.88%, 04/02/32 (Call 01/02/32)^(a)	EUR	500		490,073
3.70%, 04/02/40 (Call 10/02/39)^(a)	EUR	450		427,031
Argenta Spaarbank Covered, 0.75%, 03/03/29^(a)	EUR	400		364,417
Argenta Spaarbank NV, 1.00%, 01/29/27^(a)	EUR	200		187,738
Belfius Bank SA
0.00%, 08/28/26^(a)	EUR	500		473,296
0.13%, 09/14/26^(a)	EUR	200		192,132
0.38%, 02/13/26^(a)	EUR	200		194,457
1.00%, 06/12/28^(a)	EUR	300		282,665
4.13%, 09/12/29	EUR	500		525,504
BNP Paribas Fortis SA, 0.63%, 10/04/25^(a)	EUR	100		99,804
Crelan SA, 6.00%, 02/28/30^(a)(b)	EUR	200		210,580
Elia Group SA/NV, 1.50%, 09/05/28 (Call 06/05/28)^(a)	EUR	200		187,429
Elia Transmission Belgium SA
0.88%, 04/28/30 (Call 01/28/30)^(a)	EUR	200		173,468
3.00%, 04/07/29^(a)	EUR	200		201,184
Euroclear Bank SA, 0.13%, 07/07/25^(a)	EUR	200		198,911
Euroclear Investments SA, 1.50%, 04/11/30^(a)	EUR	200		183,533
Flemish Community (The), 0.38%, 10/13/26^(a)	EUR	100		96,864
FLUVIUS System Operator CVBA
1.75%, 12/04/26^(a)	EUR	300		290,742
2.88%, 05/07/29^(a)	EUR	500		499,770
Groupe Bruxelles Lambert SA, 1.88%, 06/19/25 (Call 03/19/25)^(a)	EUR	300		307,143


Security	Par (000)		Value

Belgium (continued)
ING Belgium SA
0.00%, 02/20/30^(a)	EUR	500	$	424,310
0.75%, 09/28/26^(a)	EUR	400		390,871
KBC Bank NV
0.00%, 12/03/25^(a)	EUR	200		196,569
3.13%, 02/22/27^(a)	EUR	300		313,184
KBC Group NV
0.13%, 01/14/29 (Call 01/14/28), (3-mo. EURIBOR + 0.600%)^(a)(b)	EUR	200		177,544
0.38%, 06/16/27 (Call 06/16/26), (3-mo. EURIBOR + 0.720%)^(a)(b)	EUR	500		480,549
0.63%, 12/07/31 (Call 09/07/26)^(a)(b)	EUR	400		367,479
0.75%, 01/21/28 (Call 01/21/27), (3-mo. EURIBOR + 0.700%)^(a)(b)	EUR	400		376,723
0.75%, 01/24/30^(a)	EUR	300		256,395
4.38%, 12/06/31^(a)	EUR	300		311,762
Proximus SADP, 4.00%, 03/08/30 (Call 12/08/29)^(a)	EUR	400		423,376
Solvay SA, 2.75%, 12/02/27 (Call 09/02/27)^(a)	EUR	200		202,733
VGP NV, 2.25%, 01/17/30 (Call 10/17/29)^(a)	EUR	400		316,856


				13,021,154

Bermuda — 0.0%
Athora Holding Ltd., 6.63%, 06/16/28^(a)	EUR	200		209,125
PartnerRe Ireland Finance DAC, 1.25%, 09/15/26^(a)	EUR	300		291,811


				500,936

Canada — 1.3%
407 International Inc.
1.80%, 05/22/25 (Call 04/22/25)^(d)	CAD	400		273,249
2.43%, 05/04/27 (Call 02/04/27)	CAD	200		132,597
2.84%, 03/07/50 (Call 09/07/49)	CAD	400		186,222
3.65%, 09/08/44 (Call 03/08/44)^(a)	CAD	100		56,137
3.67%, 03/08/49 (Call 09/08/48)	CAD	200		109,923
3.83%, 05/11/46 (Call 11/11/45)	CAD	200		114,579
3.98%, 09/11/52 (Call 06/11/52)	CAD	25		14,367
4.86%, 07/31/53 (Call 01/31/53)	CAD	300		200,249
Aeroports de Montreal
3.03%, 04/21/50 (Call 10/21/49)	CAD	150		73,486
Series I, 5.47%, 04/16/40	CAD	150		108,610
AIMCo Realty Investors LP, Series 4, 2.71%, 06/01/29 (Call 03/01/29)	CAD	200		124,192
Alberta Powerline LP, 4.07%, 12/01/53	CAD	197		114,319
Alectra Inc.
1.75%, 02/11/31 (Call 11/11/30)	CAD	200		113,846
5.23%, 11/14/52 (Call 05/14/52)	CAD	50		35,417
Series A, 2.49%, 05/17/27 (Call 02/17/27)	CAD	150		98,825
Algonquin Power Co., 4.60%, 01/29/29 (Call 10/29/28)	CAD	100		68,122
Alimentation Couche-Tard Inc., 3.06%, 07/26/24 (Call 05/26/24)	CAD	150		106,238
Allied Properties Real Estate Investment Trust
3.10%, 02/06/32 (Call 11/06/31)	CAD	300		158,155
3.13%, 05/15/28 (Call 03/15/28)	CAD	200		121,830
AltaGas Ltd.
2.16%, 06/10/25 (Call 05/10/25)	CAD	200		136,204
2.17%, 03/16/27 (Call 01/16/27)	CAD	400		256,632
3.98%, 10/04/27 (Call 07/04/27)	CAD	150		101,239
AltaLink LP
3.67%, 11/06/23	CAD	200		144,172
3.72%, 12/03/46 (Call 06/03/46)	CAD	50		28,214


Security	Par (000)		Value

Canada (continued)
3.99%, 06/30/42	CAD	200	$	120,111
4.09%, 06/30/45 (Call 12/30/44)^(a)	CAD	100		60,161
4.92%, 09/17/43	CAD	200		135,466
Bank of Montreal
0.05%, 06/08/29^(a)	EUR	400		346,333
0.13%, 01/26/27^(a)	EUR	400		377,303
0.25%, 01/10/24^(a)	EUR	100		105,085
1.55%, 05/28/26 (Call 04/28/26)	CAD	150		98,071
1.76%, 03/10/26 (Call 02/10/26)	CAD	300		198,718
1.93%, 07/22/31 (Call 07/22/26)^(b)	CAD	300		193,305
2.08%, 06/17/30 (Call 06/17/25)^(b)	CAD	200		135,045
2.28%, 07/29/24	CAD	200		140,753
2.70%, 09/11/24	CAD	200		140,919
2.70%, 12/09/26	CAD	50		33,467
2.75%, 10/13/26^(a)	EUR	300		309,124
3.19%, 03/01/28	CAD	500		331,543
3.65%, 04/01/27 (Call 03/01/27)	CAD	500		338,123
5.04%, 05/29/28 (Call 04/29/28)	CAD	1,000		701,462
6.53%, 10/27/32 (Call 10/27/27)^(b)	CAD	200		145,461
Bank of Nova Scotia (The)
0.00%, 01/14/27^(a)	EUR	300		282,673
0.00%, 12/15/27^(a)	EUR	300		274,019
0.00%, 09/14/29^(a)	EUR	300		256,028
0.25%, 01/11/24^(a)	EUR	150		157,597
0.45%, 03/16/26^(a)	EUR	700		685,459
0.50%, 04/30/24^(a)	EUR	351		364,886
1.40%, 11/01/27	CAD	200		123,253
1.85%, 11/02/26	CAD	800		517,876
1.95%, 01/10/25	CAD	300		207,131
2.16%, 02/03/25	CAD	200		138,108
2.88%, 05/03/27^(a)	GBP	300		331,670
2.95%, 03/08/27	CAD	300		198,568
3.10%, 02/02/28	CAD	400		264,736
3.25%, 01/18/28^(a)	EUR	400		415,961
3.93%, 05/03/32 (Call 05/03/27)^(b)	CAD	400		266,813
5.68%, 08/02/33 (Call 08/02/28)^(b)	CAD	700		490,245
BCI QuadReal Realty
1.07%, 02/04/26 (Call 01/04/26)	CAD	100		65,271
1.75%, 07/24/30 (Call 04/24/30)	CAD	200		112,851
bcIMC Realty Corp., 3.00%, 03/31/27 (Call 12/31/26)	CAD	100		66,361
Bell Telephone Co. of Canada or Bell Canada,
5.15%, 11/14/28 (Call 10/14/28)^(a)	CAD	400		283,560
Bell Telephone Co. of Canada or Bell
Canada (The)
1.65%, 08/16/27 (Call 06/16/27)	CAD	200		125,735
2.50%, 05/14/30 (Call 02/14/30)	CAD	200		118,999
2.70%, 02/27/24 (Call 12/27/23)	CAD	200		142,842
2.75%, 01/29/25 (Call 12/29/24)	CAD	300		208,828
2.90%, 09/10/29 (Call 06/10/29)	CAD	200		124,887
3.00%, 03/17/31 (Call 12/17/30)	CAD	100		59,985
3.35%, 03/12/25 (Call 01/12/25)	CAD	50		34,963
3.50%, 09/30/50 (Call 03/30/50)	CAD	300		142,701
3.55%, 03/02/26 (Call 12/02/25)	CAD	100		68,995
3.60%, 09/29/27 (Call 06/29/27)	CAD	200		134,467
3.80%, 08/21/28 (Call 05/21/28)	CAD	100		66,817
4.05%, 03/17/51 (Call 09/17/50)	CAD	200		105,289
4.35%, 12/18/45 (Call 06/18/45)^(a)	CAD	200		113,445
5.15%, 02/09/53 (Call 08/09/52)	CAD	200		125,825
5.85%, 11/10/32 (Call 08/10/32)	CAD	200		142,979


Security	Par (000)		Value

Canada (continued)
British Columbia Ferry Services Inc., Series 19-1, 2.79%, 10/15/49 (Call 04/15/49)	CAD	100	$	46,756
Brookfield Asset Management Inc., 4.82%, 01/28/26 (Call 10/28/25)	CAD	200		141,459
Brookfield Finance II Inc., 5.43%, 12/14/32 (Call 09/14/32)^(a)	CAD	200		134,541
Brookfield Infrastructure Finance ULC
3.41%, 10/09/29 (Call 07/09/29)	CAD	200		126,188
4.19%, 09/11/28 (Call 06/11/28)	CAD	100		66,998
5.44%, 04/25/34 (Call 01/25/34)	CAD	400		268,636
Brookfield Renewable Partners ULC
3.33%, 08/13/50 (Call 02/13/50)	CAD	200		92,411
3.75%, 06/02/25 (Call 03/02/25)	CAD	200		139,744
4.25%, 01/15/29 (Call 10/15/28)	CAD	200		134,969
Bruce Power LP
3.97%, 06/23/26 (Call 03/23/26)	CAD	200		138,960
4.01%, 06/21/29 (Call 03/21/29)	CAD	100		66,986
4.13%, 06/21/33 (Call 03/21/33)	CAD	100		63,169
4.70%, 12/21/27 (Call 11/21/27)	CAD	200		140,049
4.75%, 06/21/49 (Call 12/21/48)^(a)	CAD	100		62,056
Calgary Airport Authority (The)
3.55%, 10/07/53 (Call 04/07/53)	CAD	200		105,506
Series A, 3.20%, Series A, 10/07/36 (Call 07/07/36)	CAD	500		282,525
Canadian Imperial Bank of Commerce
0.00%, 04/30/29^(a)	EUR	400		347,052
0.04%, 07/09/27^(a)	EUR	200		185,272
0.38%, 05/03/24^(a)	EUR	300		311,524
0.38%, 03/10/26^(a)	EUR	400		391,192
1.96%, 04/21/31 (Call 04/21/26)^(b)	CAD	200		130,148
2.00%, 04/17/25	CAD	200		136,701
2.01%, 07/21/30 (Call 07/21/25)^(a)(b)	CAD	300		201,720
2.25%, 01/07/27	CAD	300		195,194
2.35%, 08/28/24	CAD	700		491,690
3.30%, 05/26/25	CAD	200		139,635
4.20%, 04/07/32 (Call 04/07/27)^(b)	CAD	300		202,095
4.95%, 06/29/27 (Call 05/29/27)	CAD	400		281,098
5.05%, 10/07/27 (Call 09/07/27)	CAD	500		352,009
5.33%, 01/20/33 (Call 01/20/28)^(b)	CAD	500		347,185
Canadian National Railway Co.
3.05%, 02/08/50 (Call 08/08/49)	CAD	200		96,234
3.20%, 07/31/28 (Call 04/30/28)	CAD	500		332,138
4.70%, 05/10/53 (Call 11/10/52)	CAD	400		257,458
Canadian Natural Resources Ltd.
2.50%, 01/17/28 (Call 11/17/27)	CAD	200		128,170
3.42%, 12/01/26 (Call 09/01/26)	CAD	100		68,004
Canadian Pacific Railway Co.
2.54%, 02/28/28 (Call 12/28/27)	CAD	400		257,769
3.05%, 03/09/50 (Call 09/09/49)	CAD	100		47,476
3.15%, 03/13/29 (Call 12/13/28)	CAD	100		64,899
Canadian Tire Corp. Ltd., 5.37%, 09/16/30 (Call 07/16/30)	CAD	300		212,580
Canadian Western Bank
2.60%, 09/06/24 (Call 08/06/24)	CAD	400		280,720
5.94%, 12/22/32 (Call 12/22/27)^(b)	CAD	200		137,236
Capital Power Corp., 4.42%, 02/08/30 (Call 11/08/29)	CAD	100		66,185
Cenovus Energy Inc., 3.60%, 03/10/27 (Call 12/10/26)	CAD	200		136,459
Central 1 Credit Union, 1.32%, 01/29/26	CAD	200		129,801


Security	Par (000)		Value

Canada (continued)
Choice Properties Real Estate Investment Trust
3.53%, 06/11/29 (Call 03/11/29)	CAD	400	$	255,336
6.00%, 06/24/32 (Call 03/24/32)	CAD	200		141,442
Series J, 3.55%, 01/10/25 (Call 11/10/24)	CAD	300		210,454
CPPIB Capital Inc., 1.50%, 03/04/33^(a)	EUR	500		436,294
CU Inc.
2.96%, 09/07/49 (Call 03/07/49)	CAD	200		96,253
3.17%, 09/05/51 (Call 03/05/51)	CAD	200		98,937
3.55%, 11/22/47 (Call 05/22/47)	CAD	200		107,753
3.96%, 07/27/45 (Call 01/27/45)	CAD	25		14,623
4.09%, 09/02/44 (Call 03/02/44)	CAD	300		179,631
4.54%, 10/24/41	CAD	200		128,839
4.72%, 09/09/43 (Call 03/09/43)	CAD	100		65,753
5.09%, 09/20/53 (Call 03/20/53)	CAD	300		207,868
5.18%, 11/21/35	CAD	100		69,935
Dollarama Inc., 5.17%, 04/26/30 (Call 02/26/30)	CAD	200		140,616
Dream Industrial Real Estate Investment Trust, Series E, 3.97%, Series E, 04/13/26 (Call 03/13/26)	CAD	400		274,793
Enbridge Gas Inc.
2.90%, 04/01/30 (Call 01/01/30)	CAD	400		251,172
3.20%, 09/15/51 (Call 03/15/51)	CAD	500		242,241
3.51%, 11/29/47 (Call 05/29/47)	CAD	200		105,523
4.00%, 08/22/44 (Call 02/22/44)^(a)	CAD	50		29,045
4.20%, 06/02/44 (Call 12/02/43)	CAD	200		119,800
4.88%, 06/21/41 (Call 12/21/40)	CAD	150		99,676
Enbridge Inc.
2.99%, 10/03/29 (Call 07/03/29)	CAD	400		249,013
3.95%, 11/19/24 (Call 08/19/24)	CAD	400		283,240
4.10%, 09/21/51 (Call 03/21/51)	CAD	300		153,311
4.24%, 08/27/42	CAD	100		55,339
5.76%, 05/26/53 (Call 11/26/52)	CAD	200		133,371
6.51%, 11/09/52 (Call 05/09/52)	CAD	200		147,389
Enbridge Pipelines Inc.
3.45%, 09/29/25 (Call 06/29/25)	CAD	150		103,926
3.52%, 02/22/29 (Call 11/22/28)	CAD	200		130,717
4.20%, 05/12/51 (Call 11/12/50)	CAD	100		52,967
4.33%, 02/22/49 (Call 08/22/48)	CAD	300		164,370
4.55%, 09/29/45 (Call 03/29/45)	CAD	200		115,166
5.33%, 04/06/40	CAD	50		32,643
Energir LP
3.04%, 02/09/32 (Call 11/09/31)	CAD	200		121,891
4.67%, 09/27/32 (Call 06/27/32)	CAD	100		68,289
EPCOR Utilities Inc.
3.11%, 07/08/49 (Call 01/08/49)	CAD	100		49,423
3.29%, 06/28/51 (Call 12/28/50)	CAD	200		101,079
3.55%, 11/27/47 (Call 05/27/47)	CAD	100		54,286
Fairfax Financial Holdings Ltd.
2.75%, 03/29/28 (Call 12/29/27)^(a)	EUR	400		389,761
3.95%, 03/03/31 (Call 12/03/30)	CAD	100		60,918
4.23%, 06/14/29 (Call 03/14/29)	CAD	100		65,632
4.25%, 12/06/27 (Call 09/06/27)	CAD	200		135,068
Federation des Caisses Desjardins du Quebec
0.00%, 04/08/26^(a)	EUR	100		96,755
0.05%, 11/26/27^(a)	EUR	200		183,126
0.25%, 02/08/27^(a)	EUR	200		189,512
1.59%, 09/10/26	CAD	200		129,492
1.99%, 05/28/31 (Call 05/28/26)^(b)	CAD	150		97,260
2.42%, 10/04/24	CAD	300		210,145
2.86%, 05/26/30 (Call 05/26/25)^(b)	CAD	200		136,885
4.41%, 05/19/27	CAD	200		138,360


Security	Par (000)		Value

Canada (continued)
5.04%, 08/23/32 (Call 08/23/27)^(b)	CAD	100	$	68,897
Finning International Inc., 2.63%, 08/14/26 (Call 06/14/26)	CAD	200		133,469
First Capital REIT Trust
Series R, 4.79%, 08/30/24	CAD	200		142,177
Series V, 3.46%, 01/22/27 (Call 11/22/26)	CAD	100		65,185
FortisAlberta Inc.
2.63%, 06/08/51 (Call 12/08/50)	CAD	200		87,589
3.73%, 09/18/48 (Call 03/18/48)	CAD	100		55,713
4.86%, 05/26/53 (Call 11/26/52)	CAD	200		133,236
FortisBC Energy Inc.
2.82%, 08/09/49 (Call 02/09/49)	CAD	100		46,354
3.67%, 04/09/46 (Call 10/08/45)	CAD	200		111,060
Gibson Energy Inc., 5.75%, 07/12/33
(Call 04/12/33)	CAD	300		208,161
Granite REIT Holdings LP
2.19%, 08/30/28 (Call 06/30/28)	CAD	200		121,146
Series 3, 3.87%, 11/30/23 (Call 11/15/23)	CAD	50		35,996
Greater Toronto Airports Authority
2.75%, 10/17/39 (Call 04/17/39)	CAD	200		104,100
3.26%, 06/01/37 (Call 12/01/36)	CAD	350		201,396
Great-West Lifeco Inc.
2.98%, 07/08/50 (Call 01/08/50)	CAD	200		94,462
3.34%, 02/28/28 (Call 11/28/27)	CAD	200		133,043
H&R Real Estate Investment Trust
2.91%, 06/02/26 (Call 05/02/26)	CAD	200		131,696
4.07%, 06/16/25 (Call 05/16/25)	CAD	100		69,312
Honda Canada Finance Inc., 1.65%, 02/25/28	CAD	200		122,938
HSBC Bank Canada
0.00%, 09/14/26^(a)	EUR	400		381,965
3.40%, 03/24/25	CAD	500		349,721
Hydro One Inc.
2.77%, 02/24/26 (Call 11/24/25)	CAD	150		102,603
2.97%, 06/26/25 (Call 04/26/25)	CAD	150		104,260
3.64%, 04/05/50 (Call 10/05/49)	CAD	300		164,544
3.72%, 11/18/47 (Call 05/18/47)	CAD	350		196,183
3.91%, 02/23/46 (Call 08/23/45)	CAD	200		115,941
4.16%, 01/27/33 (Call 10/27/32)	CAD	200		132,097
4.59%, 10/09/43 (Call 04/09/43)	CAD	200		129,470
4.91%, 01/27/28 (Call 12/27/27)	CAD	100		71,570
6.03%, 03/03/39	CAD	300		229,256
6.93%, 06/01/32	CAD	130		102,544
Hydro One Ltd., 1.41%, 10/15/27 (Call 08/15/27)	CAD	600		376,720
Hyundai Capital Canada Inc., 5.57%, 03/08/28 (Call 02/08/28)	CAD	200		141,433
iA Financial Corp. Inc., 2.40%, 02/21/30 (Call 02/21/25)^(b)	CAD	200		137,345
IGM Financial Inc.
4.12%, 12/09/47 (Call 06/09/47)	CAD	200		113,034
5.43%, 05/26/53 (Call 11/26/52)	CAD	200		137,204
Intact Financial Corp.
2.18%, 05/18/28 (Call 03/18/28)	CAD	100		62,730
2.85%, 06/07/27 (Call 03/07/27)^(a)	CAD	200		132,133
2.95%, 12/16/50 (Call 06/16/50)	CAD	100		46,413
3.77%, 05/20/53 (Call 11/20/52)	CAD	100		53,849
Inter Pipeline Ltd.
3.17%, 03/24/25 (Call 12/24/24)	CAD	200		138,702
3.48%, 12/16/26 (Call 09/16/26)	CAD	100		67,041
Inter Pipeline Ltd./AB
5.09%, 11/27/51 (Call 05/27/51)	CAD	150		84,692
5.85%, 05/18/32 (Call 02/18/32)	CAD	200		136,201


Security	Par (000)		Value

Canada (continued)
Series 12, 3.98%, Series 12, 11/25/31 (Call 08/25/31)	CAD	200	$	120,535
Keyera Corp., 3.93%, 06/21/28 (Call 03/21/28)	CAD	200		133,205
Liberty Utilities Canada LP, 3.32%, 02/14/50 (Call 08/14/49)	CAD	100		48,029
Loblaw Companies Ltd.
2.28%, 05/07/30 (Call 02/07/30)	CAD	200		119,474
4.49%, 12/11/28 (Call 09/11/28)	CAD	150		104,031
Loblaw Cos., Ltd., 5.34%, 09/13/52 (Call 03/13/52)	CAD	100		67,423
Lower Mattagami Energy LP
2.43%, 05/14/31 (Call 02/14/31)	CAD	300		178,928
3.42%, 06/20/24	CAD	300		213,573
Manulife Bank of Canada
1.54%, 09/14/26	CAD	300		193,867
2.86%, 02/16/27	CAD	200		132,832
Manulife Financial Corp.
2.82%, 05/13/35 (Call 05/13/30)^(b)	CAD	200		118,268
5.41%, 03/10/33 (Call 03/10/28)^(b)	CAD	200		140,489
Metro Inc./CN
3.39%, 12/06/27 (Call 09/06/27)	CAD	150		100,759
3.41%, 02/28/50 (Call 08/28/49)	CAD	200		98,411
4.27%, 12/04/47 (Call 06/04/47)	CAD	100		57,961
National Bank of Canada
0.00%, 09/29/26^(a)	EUR	600		572,179
1.53%, 06/15/26	CAD	100		65,185
1.57%, 08/18/26 (Call 08/18/25)^(b)	CAD	200		133,972
2.55%, 07/12/24	CAD	300		211,724
5.43%, 08/16/32 (Call 08/16/27)^(b)	CAD	400		279,306
NAV Canada
2.06%, 05/29/30 (Call 02/28/30)	CAD	200		120,242
3.21%, 09/29/50 (Call 03/29/50)	CAD	100		51,378
Nissan Canada Inc., 2.10%, 09/22/25	CAD	200		132,837
North West Redwater Partnership/NWR
Financing Co. Ltd.
2.80%, 06/01/31 (Call 03/01/31)^(a)	CAD	400		238,955
3.75%, 06/01/51 (Call 12/01/50)^(a)	CAD	200		106,014
4.05%, 07/22/44 (Call 01/24/44)^(a)	CAD	150		86,788
Series G, 4.75%, 06/01/37 (Call 12/01/36)^(a)	CAD	50		32,644
Series J, 2.80%, 06/01/27 (Call 03/01/27)	CAD	200		132,195
Series K, 3.65%, 06/01/35 (Call 12/01/34)	CAD	200		119,051
Nouvelle Autoroute 30 Financement Inc.,
Series C, 3.75%, 03/31/33	CAD	139		89,744
Nova Scotia Power Inc.
3.31%, 04/25/50 (Call 10/25/49)	CAD	150		70,888
4.50%, 07/20/43 (Call 01/20/43)^(a)	CAD	100		60,229
4.95%, 11/15/32 (Call 08/15/32)	CAD	150		100,890
OMERS Realty Corp.
3.63%, 06/05/30 (Call 03/05/30)	CAD	200		127,859
4.54%, 04/09/29 (Call 02/09/29)	CAD	100		68,421
Ontario Power Generation Inc.
2.98%, 09/13/29 (Call 06/13/29)	CAD	300		191,849
3.22%, 04/08/30 (Call 01/08/30)	CAD	300		191,684
3.65%, 09/13/50 (Call 03/13/50)	CAD	100		53,094
4.25%, 01/18/49 (Call 07/18/48)	CAD	100		59,656
Pembina Pipeline Corp.
3.31%, 02/01/30 (Call 11/01/29)	CAD	200		124,867
3.62%, 04/03/29 (Call 01/03/29)^(a)	CAD	250		161,804
4.02%, 03/27/28 (Call 12/27/27)^(a)	CAD	200		134,341
4.49%, 12/10/51 (Call 06/10/51)	CAD	100		53,770
4.67%, 05/28/50 (Call 11/28/49)	CAD	200		111,495


Security	Par (000)		Value

Canada (continued)
4.75%, 04/30/43 (Call 10/30/42)	CAD	100	$	58,132
4.81%, 03/25/44 (Call 09/25/43)^(a)	CAD	25		14,634
Series 11, 4.75%, 03/26/48 (Call 09/26/47)	CAD	150		85,239
Power Corp. of Canada, 4.46%, 07/27/48 (Call 01/27/48)	CAD	100		60,017
Primaris Real Estate Investment Trust, 4.73%, 03/30/27 (Call 02/28/27)	CAD	200		135,289
Reliance LP
2.67%, 08/01/28 (Call 06/01/28)	CAD	100		61,884
3.75%, 03/15/26 (Call 01/15/26)	CAD	200		137,065
RioCan Real Estate Investment Trust
2.58%, 02/12/25 (Call 01/12/25)	CAD	400		275,204
4.63%, 05/01/29 (Call 03/01/29)	CAD	200		132,035
Rogers Communications Inc.
2.90%, 12/09/30 (Call 09/09/30)	CAD	200		117,867
3.25%, 05/01/29 (Call 02/01/29)	CAD	300		189,721
3.75%, 04/15/29 (Call 02/15/29)	CAD	200		129,945
4.25%, 04/15/32 (Call 01/15/32)	CAD	200		125,804
4.25%, 12/09/49 (Call 06/29/49)	CAD	100		52,554
4.40%, 11/02/28 (Call 08/02/28)	CAD	350		237,060
5.25%, 04/15/52 (Call 10/15/51)	CAD	200		122,398
5.80%, 09/21/30 (Call 07/21/30)	CAD	500		354,418
6.11%, 08/25/40 (Call 02/25/40)	CAD	25		17,243
6.56%, 03/22/41 (Call 09/22/40)	CAD	200		144,463
6.75%, 11/09/39	CAD	150		110,494
Royal Bank of Canada
0.00%, 01/21/27^(a)	EUR	500		470,969
0.00%, 10/05/28^(a)	EUR	300		265,673
0.05%, 06/19/26^(a)	EUR	200		192,663
0.13%, 03/25/25^(a)	EUR	200		201,090
0.13%, 04/26/27^(a)	EUR	500		468,526
0.63%, 09/10/25^(a)	EUR	200		200,066
1.13%, 12/15/25^(a)	GBP	400		442,714
1.67%, 01/28/33 (Call 01/28/28)^(b)	CAD	200		120,456
1.75%, 06/08/29^(a)	EUR	200		190,658
1.83%, 07/31/28	CAD	200		122,457
1.94%, 05/01/25	CAD	150		102,426
2.09%, 06/30/30 (Call 06/30/25)^(b)	CAD	200		135,033
2.14%, 11/03/31 (Call 11/03/26)^(b)	CAD	300		192,216
2.33%, 12/05/23	CAD	150		107,881
2.33%, 01/28/27	CAD	200		130,442
2.35%, 07/02/24	CAD	50		35,282
2.38%, 09/13/27^(a)	EUR	392		395,679
2.61%, 11/01/24	CAD	600		420,010
2.88%, 12/23/29 (Call 12/23/24)^(a)(b)	CAD	100		69,528
2.94%, 05/03/32 (Call 05/03/27)^(b)	CAD	300		194,089
3.37%, 09/29/25	CAD	500		345,617
4.13%, 07/05/28^(a)	EUR	300		315,752
4.61%, 07/26/27	CAD	500		348,049
4.63%, 05/01/28	CAD	300		207,320
5.01%, 02/01/33 (Call 02/01/28)^(b)	CAD	400		275,027
5.23%, 06/24/30	CAD	200		140,035
5.34%, 06/23/26	CAD	500		357,834
Sagen MI Canada Inc., 3.26%, 03/05/31 (Call 12/05/30)	CAD	200		112,731
Saputo Inc.
1.42%, 06/19/26 (Call 05/19/26)	CAD	200		129,682
2.24%, 06/16/27 (Call 04/16/27)	CAD	200		128,919
2.30%, 06/22/28 (Call 04/22/28)	CAD	200		124,929
2.83%, 11/21/23	CAD	100		71,998


Security	Par (000)		Value

Canada (continued)
Sienna Senior Living Inc., Series A, 3.11%, 11/04/24 (Call 10/04/24)	CAD	200	$	139,128
SmartCentres Real Estate Investment Trust, 3.53%, 12/20/29 (Call 09/20/29)	CAD	200		122,680
Stantec Inc., 2.05%, 10/08/27 (Call 08/08/27)	CAD	200		125,832
Sun Life Financial Inc.
2.80%, 11/21/33 (Call 11/21/28)^(b)	CAD	300		186,134
3.15%, 11/18/36 (Call 11/18/31)^(b)	CAD	300		174,273
5.40%, 05/29/42 (Call 05/29/37)^(b)	CAD	100		66,929
Suncor Energy Inc.
3.95%, 03/04/51 (Call 09/04/50)	CAD	100		51,945
5.00%, 04/09/30 (Call 01/09/30)	CAD	188		129,576
TELUS Corp.
3.15%, 02/19/30 (Call 11/19/29)	CAD	100		62,154
3.30%, 05/02/29 (Call 02/02/29)	CAD	300		191,856
3.35%, 04/01/24 (Call 01/02/24)	CAD	200		142,843
3.75%, 01/17/25 (Call 10/17/24)	CAD	200		141,042
3.75%, 03/10/26 (Call 12/10/25)	CAD	150		103,911
3.95%, 02/16/50 (Call 08/16/49)	CAD	300		151,433
4.10%, 04/05/51 (Call 10/05/50)	CAD	200		103,131
4.75%, 01/17/45 (Call 07/17/44)	CAD	100		58,631
4.85%, 04/05/44 (Call 10/05/43)	CAD	100		59,653
4.95%, 03/28/33 (Call 12/28/32)	CAD	200		132,474
5.15%, 11/26/43 (Call 05/26/43)	CAD	100		62,343
5.25%, 11/15/32 (Call 08/15/32)	CAD	200		136,041
5.75%, 09/08/33 (Call 06/08/33)	CAD	300		210,164
5.95%, 09/08/53 (Call 03/08/53)	CAD	200		137,669
Teranet Holdings LP
3.72%, 02/23/29 (Call 12/23/28)	CAD	100		63,747
6.10%, 06/17/41	CAD	100		67,082
Thomson Reuters Corp., 2.24%, 05/14/25 (Call 04/14/25)	CAD	200		137,070
Toronto Hydro Corp.
2.43%, 12/11/29 (Call 09/11/29)	CAD	200		124,625
2.47%, 10/20/31 (Call 07/20/31)	CAD	300		177,662
2.52%, 08/25/26 (Call 05/25/26)	CAD	200		134,280
3.55%, 07/28/45 (Call 01/28/45)	CAD	200		111,300
Toronto-Dominion Bank (The)
0.63%, 06/06/25^(a)	EUR	200		201,283
1.13%, 12/09/25	CAD	600		395,856
1.71%, 07/28/25^(a)	EUR	600		612,977
1.89%, 03/08/28	CAD	200		124,493
1.90%, 09/11/28	CAD	400		245,222
1.94%, 03/13/25	CAD	50		34,305
1.95%, 04/08/30^(a)	EUR	516		469,301
2.26%, 01/07/27	CAD	500		325,892
2.50%, 12/02/24	CAD	300		209,232
2.67%, 09/09/25	CAD	400		273,269
3.06%, 01/26/32 (Call 01/26/27)^(a)(b)	CAD	200		131,132
3.11%, 04/22/30 (Call 04/22/25)^(a)(b)	CAD	500		344,833
3.25%, 04/27/26^(a)	EUR	400		418,112
3.63%, 12/13/29^(a)	EUR	200		202,531
3.88%, 03/13/26^(a)	EUR	700		742,718
4.21%, 06/01/27	CAD	400		274,971
4.34%, 01/27/26	CAD	200		140,230
4.48%, 01/18/28	CAD	300		206,832
4.86%, 03/04/31 (Call 03/04/26)^(b)	CAD	200		140,425
5.38%, 10/21/27	CAD	300		214,192
5.49%, 09/08/28	CAD	800		572,258
Series 28, 0.10%, 07/19/27^(a)	EUR	600		556,830


Security	Par (000)		Value

Canada (continued)
Toyota Credit Canada Inc.
1.18%, 02/23/26	CAD	200	$	131,116
2.31%, 10/23/24^(a)	CAD	200		139,856
4.33%, 01/24/28^(a)	CAD	200		137,909
TransCanada PipeLines Ltd.
2.97%, 06/09/31 (Call 03/09/31)	CAD	300		175,847
3.00%, 09/18/29 (Call 06/18/29)^(a)	CAD	400		249,371
3.30%, 07/17/25 (Call 04/17/25)^(a)	CAD	300		207,960
3.39%, 03/15/28 (Call 12/15/27)	CAD	150		98,651
3.80%, 04/05/27 (Call 02/05/27)	CAD	400		271,604
4.18%, 07/03/48 (Call 01/03/48)^(a)	CAD	200		104,614
4.33%, 09/16/47 (Call 03/16/47)	CAD	300		161,029
4.34%, 10/15/49 (Call 04/15/49)^(a)	CAD	200		106,668
4.35%, 06/06/46 (Call 12/06/45)	CAD	250		136,036
5.33%, 05/12/32 (Call 02/12/32)	CAD	200		136,610
Vancouver Airport Authority
1.76%, 09/20/30 (Call 06/20/30)	CAD	200		116,708
2.80%, 09/21/50 (Call 03/21/50)	CAD	150		70,319
Westcoast Energy Inc.
3.77%, 12/08/25 (Call 09/08/25)	CAD	100		69,434
4.79%, 10/28/41	CAD	200		121,169
WSP Global Inc., 2.41%, 04/19/28 (Call 02/19/28)	CAD	200		126,141


				63,036,200

China — 0.1%
Bank of China Ltd., 4.00%, 10/19/26^(a)	EUR	300		316,525
Bright Food Singapore Holdings Pte Ltd., 1.75%, 07/22/25^(a)	EUR	600		590,934
CGNPC International Ltd., 2.00%, 09/11/25^(a)	EUR	200		201,602
Industrial & Commercial Bank of China Ltd.,
4.13%, 10/25/26^(a)	EUR	200		210,530
Prosus NV
1.54%, 08/03/28 (Call 05/03/28)^(a)	EUR	600		510,266
1.99%, 07/13/33 (Call 04/13/33)^(a)	EUR	300		206,962
State Grid Overseas Investment 2016 Ltd., 1.38%, 05/02/25^(a)	EUR	605		611,742


				2,648,561

Czech Republic — 0.0%
Ceska Sporitelna, 0.50%, 09/13/28, (3-mo. EURIBOR + 0.780%)^(a)(b)	EUR	500		437,307
CEZ AS
0.88%, 12/02/26 (Call 09/02/26)^(a)	EUR	500		474,487
3.00%, 06/05/28^(a)	EUR	375		373,018
4.88%, 04/16/25^(a)	EUR	201		213,998
CPI Property Group SA
1.63%, 04/23/27 (Call 01/23/27)^(a)	EUR	300		234,244
1.75%, 01/14/30 (Call 10/14/29)^(a)	EUR	300		186,141
2.75%, 01/22/28 (Call 10/22/27)^(a)	GBP	100		86,387
EP Infrastructure AS, 2.05%, 10/09/28 (Call 07/09/28)^(a)	EUR	100		85,362


				2,090,944

Denmark — 0.3%
AP Moller - Maersk A/S, 1.75%, 03/16/26 (Call 12/16/25)^(a)	EUR	400		401,411
Carlsberg Breweries AS, 0.88%, 07/01/29 (Call 04/01/29)^(a)	EUR	304		271,855
Danfoss Finance II BV, 0.75%, 04/28/31 (Call 01/28/31)^(a)	EUR	300		245,007
Danmarks Skibskredit AS, 0.13%, 03/20/25^(a)	EUR	300		300,180


Security	Par (000)		Value

Denmark (continued)
Danske Bank A/S
0.50%, 08/27/25 (Call 08/27/24)^(a)(b)	EUR	550	$	563,427
0.75%, 11/22/27^(a)	EUR	200		189,642
1.38%, 02/12/30 (Call 02/12/25)^(a)(b)	EUR	400		400,519
Danske Bank AS, 4.13%, 01/10/31 (Call 01/10/30)^(a)(b)	EUR	450		468,367
DSV Finance BV Co., 1.38%, 03/16/30 (Call 12/16/29)^(a)	EUR	300		272,969
DSV Panalpina Finance BV
0.75%, 07/05/33 (Call 04/05/33)^(a)	EUR	100		77,663
0.88%, 09/17/36 (Call 06/17/36)^(a)	EUR	100		69,716
ISS Global AS
1.50%, 08/31/27 (Call 05/31/27)^(a)	EUR	200		189,238
2.13%, 12/02/24 (Call 09/02/24)^(a)	EUR	400		412,507
Jyske Bank AS, 5.50%, 11/16/27 (Call 11/16/26)^(a)	EUR	200		216,643
Jyske Realkredit A/S
0.38%, 04/01/25^(a)	EUR	300		302,271
0.50%, 10/01/26^(a)	EUR	300		290,850
Nordea Kredit Realkreditaktieselskab
1.00%, 04/01/26	DKK	4,000		535,236
1.00%, 10/01/26	DKK	10,500		1,389,185
1.00%, 04/01/27	DKK	1,600		209,258
Nykredit Realkredit AS
0.38%, 01/17/28^(a)	EUR	300		267,297
0.63%, 01/17/25^(a)	EUR	200		202,348
0.75%, 01/20/27	EUR	400		375,111
1.00%, 01/01/28^(a)	DKK	3,000		385,320
1.38%, 07/12/27^(a)	EUR	300		287,478
2.00%, 01/01/26^(a)	DKK	2,000		274,810
Series 13H, 1.00%, 07/01/26^(a)	DKK	5,000		665,300
Series 13H, 1.00%, 01/01/27	DKK	10,000		1,315,654
Orsted AS
1.50%, 11/26/29 (Call 08/26/29)^(a)	EUR	580		528,062
2.13%, 05/17/27 (Call 02/17/27)^(a)	GBP	250		270,091
2.88%, 06/14/33 (Call 03/14/33)^(a)	EUR	600		558,076
5.13%, 09/13/34 (Call 06/13/34)^(a)	GBP	500		547,963
5.75%, 04/09/40^(a)	GBP	300		336,510
TDC Net AS, 6.50%, 06/01/31 (Call 03/01/31)^(a)	EUR	200		208,737
Vestas Wind Systems Finance BV, 2.00%, 06/15/34 (Call 03/15/34)^(a)	EUR	300		253,351


				13,282,052

Estonia — 0.0%
Luminor Bank AS, 0.00%, 03/11/25	EUR	100		100,194


Finland — 0.3%
Danske Mortgage Bank PLC
0.00%, 11/24/26^(a)	EUR	200		190,453
0.00%, 01/14/28^(a)	EUR	200		182,382
2.13%, 09/16/25^(a)	EUR	200		205,745
3.13%, 01/12/27^(a)	EUR	300		313,322
Fortum OYJ
1.63%, 02/27/26 (Call 11/27/25)^(a)	EUR	600		598,020
4.50%, 05/26/33 (Call 02/26/33)^(a)	EUR	300		311,065
Kojamo OYJ, 2.00%, 03/31/26 (Call 12/31/25)^(a)	EUR	200		192,427
Kuntarahoitus OYJ
0.00%, 03/02/31^(a)	EUR	900		746,989
0.05%, 09/10/35^(a)	EUR	250		175,276
0.63%, 11/26/26^(a)	EUR	300		293,465
0.75%, 09/07/27^(a)	EUR	150		144,631
1.25%, 02/23/33^(a)	EUR	200		175,010


Security	Par (000)		Value

Finland (continued)
3.00%, 09/25/28^(a)	EUR	200	$	209,165
Neste Oyj, 3.88%, 03/16/29 (Call 12/16/28)^(a)	EUR	200		209,760
Nokia Oyj, 3.13%, 05/15/28 (Call 02/15/28)^(a)	EUR	500		493,064
Nordea Bank Abp
0.38%, 05/28/26^(a)	EUR	540		524,306
0.50%, 05/14/27^(a)	EUR	200		189,034
0.50%, 11/02/28^(a)	EUR	500		441,406
1.13%, 09/27/27^(a)	EUR	200		192,498
1.63%, 12/09/32 (Call 09/09/27)^(a)(b)	GBP	200		196,694
2.88%, 08/24/32^(a)	EUR	200		190,027
Nordea Kiinnitysluottopankki OYJ
0.13%, 06/18/27^(a)	EUR	350		328,108
0.63%, 05/23/25^(a)	EUR	200		201,783
0.63%, 03/17/27^(a)	EUR	700		673,646
1.00%, 03/30/29^(a)	EUR	1,100		1,020,302
1.38%, 02/28/33^(a)	EUR	100		86,820
3.00%, 02/20/30^(a)	EUR	400		409,651
Series FI43, 1.00%, 11/05/24^(a)	EUR	150		154,247
OP Corporate Bank PLC
0.50%, 08/12/25^(a)	EUR	835		831,239
0.63%, 07/27/27^(a)	EUR	500		462,328
4.00%, 06/13/28^(a)	EUR	400		421,566
OP Mortgage Bank
0.00%, 11/19/30^(a)	EUR	500		411,703
0.25%, 03/13/24^(a)	EUR	100		104,395
0.63%, 09/01/25^(a)	EUR	490		490,924
0.63%, 02/15/29^(a)	EUR	700		636,875
Sampo OYJ
2.25%, 09/27/30 (Call 06/27/30)^(a)	EUR	100		98,826
2.50%, 09/03/52 (Call 06/03/32), (3-mo. EURIBOR + 3.600%)^(a)(b)	EUR	100		81,012
3.38%, 05/23/49 (Call 05/23/29), (3-mo. EURIBOR + 4.050%)^(a)(b)	EUR	110		103,520
SATO OYJ, 1.38%, 02/24/28 (Call 11/24/27)^(a)	EUR	100		82,729
SP-Kiinnitysluottopankki OYJ, 3.13%, 11/01/27	EUR	200		208,081
Stora Enso OYJ, 2.50%, 03/21/28 (Call 12/21/27)^(a)	EUR	200		195,938
Teollisuuden Voima OYJ, 2.63%, 03/31/27 (Call 12/31/26)^(a)	EUR	294		290,488
UPM-Kymmene OYJ, 2.25%, 05/23/29 (Call 02/23/29)^(a)	EUR	300		288,206


				13,757,126

France — 3.0%
Aeroports de Paris
2.13%, 10/11/38 (Call 07/11/38)^(a)	EUR	200		160,038
2.75%, 06/05/28^(a)	EUR	500		508,374
2.75%, 04/02/30 (Call 01/02/30)^(a)	EUR	700		684,162
Air Liquide Finance SA
0.63%, 06/20/30 (Call 03/20/30)^(a)	EUR	300		261,475
1.88%, 06/05/24^(a)	EUR	200		208,833
2.88%, 09/16/32 (Call 06/16/32)^(a)	EUR	200		195,418
Airbus Finance BV, 0.88%, 05/13/26 (Call 02/13/26)^(a)	EUR	200		197,628
Airbus SE
1.38%, 05/13/31 (Call 02/13/31)^(a)	EUR	200		176,640
1.63%, 06/09/30 (Call 03/09/30)^(a)	EUR	500		456,925
2.00%, 04/07/28 (Call 01/07/28)^(a)	EUR	400		393,738
2.38%, 04/07/32 (Call 01/07/32)^(a)	EUR	380		355,363
2.38%, 06/09/40 (Call 03/09/40)^(a)	EUR	100		77,751
ALD SA, 1.25%, 03/02/26^(a)	EUR	400		394,343
Alstom SA, 0.00%, 01/11/29 (Call 10/11/28)^(a)	EUR	300		244,104


Security	Par (000)		Value

France (continued)
Altarea SCA, 1.88%, 01/17/28 (Call 10/17/27)^(a)	EUR	100	$	85,696
APRR SA
1.25%, 01/06/27 (Call 10/06/26)^(a)	EUR	400		392,687
1.25%, 01/14/27 (Call 10/14/26)^(a)	EUR	100		97,875
1.63%, 01/13/32 (Call 10/13/31)^(a)	EUR	300		267,690
1.88%, 01/15/25 (Call 10/15/24)^(a)	EUR	500		515,765
Arkea Home Loans SFH SA
0.00%, 10/04/30^(a)	EUR	200		165,873
0.75%, 10/05/27^(a)	EUR	200		190,502
3.00%, 03/30/27^(a)	EUR	300		312,006
3.25%, 08/01/33^(a)	EUR	200		202,898
Arkea Public Sector SCF SA, 0.13%, 01/15/30^(a)	EUR	400		343,495
Arkema SA
0.75%, 12/03/29 (Call 09/03/29)^(a)	EUR	300		263,365
1.50%, 04/20/27 (Call 01/20/27)^(a)	EUR	200		196,188
1.50%, (Call 10/21/25)^(a)(b)(c)	EUR	300		282,503
Arval Service Lease SA
0.88%, 02/17/25 (Call 11/17/24)^(a)	EUR	500		505,180
4.13%, 04/13/26 (Call 01/13/26)^(a)	EUR	300		315,197
Autoroutes du Sud de la France SA
1.13%, 04/20/26 (Call 01/20/26)^(a)	EUR	500		497,609
1.38%, 06/27/28 (Call 03/27/28)^(a)	EUR	300		287,942
1.38%, 02/21/31 (Call 11/21/30)^(a)	EUR	600		536,217
2.75%, 09/02/32 (Call 06/02/32)^(a)	EUR	400		380,093
AXA Bank Europe SCF
0.50%, 04/18/25^(a)	EUR	400		403,342
1.38%, 04/18/33^(a)	EUR	300		259,214
AXA Home Loan SFH SA, 0.00%, 10/16/29^(a)	EUR	300		257,942
AXA SA
1.38%, 10/07/41 (Call 04/07/31), (3-mo. EURIBOR + 2.400%)^(a)(b)	EUR	200		160,637
3.25%, 05/28/49 (Call 05/28/29), (3-mo. EURIBOR + 3.200%)^(a)(b)	EUR	550		524,386
3.94%, (Call 11/07/24)^(a)(b)(c)	EUR	268		278,440
4.25%, 03/10/43 (Call 09/10/32), (3-mo. EURIBOR + 3.600%)^(a)(b)	EUR	300		286,611
5.45%, (Call 03/04/26)^(a)(b)(c)	GBP	200		234,647
5.50%, 07/11/43 (Call 01/11/33), (3-mo. EURIBOR + 3.600%)^(a)(b)	EUR	300		311,578
6.69%, (Call 07/06/26), (1-day SONIA + 2.869%)^(b)(c)	GBP	50		59,964
Banque Fed Cred Mutuel, 2.63%, 11/06/29^(a)	EUR	500		473,582
Banque Federative du Credit Mutuel SA
0.00%, 03/07/25^(a)	EUR	700		700,426
0.00%, 05/11/26^(a)	EUR	500		478,926
0.10%, 10/08/27^(a)	EUR	400		364,279
0.25%, 06/29/28^(a)	EUR	600		534,801
0.63%, 11/03/28^(a)	EUR	500		437,831
0.63%, 02/21/31^(a)	EUR	700		559,416
0.75%, 06/08/26^(a)	EUR	500		485,823
0.75%, 01/17/30^(a)	EUR	500		420,472
1.25%, 01/14/25^(a)	EUR	400		408,606
1.25%, 12/05/25^(a)	GBP	500		554,103
1.63%, 01/19/26^(a)	EUR	100		100,537
1.63%, 11/15/27^(a)	EUR	200		187,811
1.75%, 03/15/29^(a)	EUR	300		275,609
1.88%, 11/04/26^(a)	EUR	100		98,017
1.88%, 06/18/29^(a)	EUR	300		268,349
2.25%, 12/18/23^(a)	GBP	100		120,964
2.38%, 03/24/26^(a)	EUR	500		504,637
3.63%, 09/14/32^(a)	EUR	500		498,655


Security	Par (000)		Value

France (continued)
4.38%, 05/02/30^(a)	EUR	200	$	207,989
BNP Paribas Cardif SA, 4.03%, (Call 11/25/25), (3-mo. EURIBOR + 3.930%)^(a)(b)(c)	EUR	400		407,919
BNP Paribas Home Loan SFH SA
0.38%, 07/22/24^(a)	EUR	200		206,221
3.00%, 01/31/30^(a)	EUR	900		923,713
BNP Paribas SA
0.50%, 02/19/28 (Call 02/19/27), (3-mo. EURIBOR + 0.730%)^(a)(b)	EUR	800		742,607
0.50%, 01/19/30 (Call 01/19/29), (3-mo. EURIBOR + 0.830%)^(a)(b)	EUR	600		514,349
0.63%, 12/03/32^(a)	EUR	400		300,700
0.88%, 08/31/33 (Call 08/31/28)^(a)(b)	EUR	300		254,752
1.13%, 11/22/23^(a)	EUR	200		211,268
1.13%, 04/17/29 (Call 04/17/28), (3-mo. EURIBOR + 1.350%)^(a)(b)	EUR	700		637,084
1.13%, 01/15/32 (Call 01/15/27)^(a)(b)	EUR	400		367,621
1.25%, 07/13/31^(a)	GBP	200		170,883
1.38%, 05/28/29^(a)	EUR	600		537,996
1.50%, 11/17/25^(a)	EUR	500		504,007
1.88%, 12/14/27^(a)	GBP	300		310,330
2.00%, 09/13/36^(a)	GBP	200		154,301
2.13%, 01/23/27 (Call 01/23/26), (3-mo. EURIBOR + 1.800%)^(a)(b)	EUR	800		803,288
2.54%, 07/13/29 (Call 07/13/28)^(b)	CAD	200		121,691
2.75%, 01/27/26^(a)	EUR	200		205,597
2.88%, 10/01/26^(a)	EUR	480		486,597
3.38%, 01/23/26^(a)	GBP	500		574,241
3.63%, 09/01/29^(a)	EUR	200		201,567
4.13%, 09/26/32, (3-mo. EURIBOR + 0.950%)^(a)(b)	EUR	600		626,073
4.13%, 05/24/33^(a)	EUR	300		310,402
Bouygues SA
1.38%, 06/07/27 (Call 03/07/27)^(a)	EUR	100		97,264
2.25%, 06/29/29 (Call 03/29/29)^(a)	EUR	300		290,657
3.25%, 06/30/37 (Call 03/30/37)^(a)	EUR	400		367,020
4.63%, 06/07/32 (Call 03/07/32)^(a)	EUR	300		327,466
BPCE SA
0.25%, 01/15/26^(a)	EUR	700		680,475
0.25%, 01/14/31^(a)	EUR	500		397,828
0.50%, 02/24/27^(a)	EUR	800		749,384
0.63%, 09/26/24^(a)	EUR	300		307,891
0.63%, 04/28/25^(a)	EUR	700		703,762
1.00%, 01/14/32^(a)	EUR	500		402,074
1.63%, 03/02/29 (Call 03/02/28), (3-mo. EURIBOR + 1.100%)^(a)(b)	EUR	400		373,565
1.75%, 02/02/34 (Call 02/02/29)^(a)(b)	EUR	400		344,900
3.00%, 07/19/24^(a)	EUR	200		209,962
4.50%, 01/13/33^(a)	EUR	400		411,076
4.63%, 03/02/30 (Call 03/02/29), (3-mo. EURIBOR + 1.600%)^(a)(b)	EUR	200		211,108
5.13%, 01/25/35 (Call 01/25/30)^(a)(b)	EUR	200		203,214
5.25%, 04/16/29^(a)	GBP	400		445,179
BPCE SFH SA
0.00%, 11/10/27^(a)	EUR	200		183,971
0.00%, 03/23/28^(a)	EUR	100		90,784
0.00%, 05/27/30^(a)	EUR	300		251,383
0.00%, 03/18/31^(a)	EUR	300		243,955
0.13%, 12/03/30^(a)	EUR	500		414,969
0.38%, 03/18/41^(a)	EUR	200		117,166
0.50%, 01/23/35^(a)	EUR	300		221,998


Security	Par (000)		Value

France (continued)
0.63%, 09/22/27^(a)	EUR	200	$	189,716
0.63%, 05/29/31^(a)	EUR	400		339,618
0.75%, 09/02/25^(a)	EUR	500		501,766
0.75%, 02/23/29^(a)	EUR	600		549,264
0.88%, 04/13/28^(a)	EUR	300		282,534
1.00%, 06/08/29^(a)	EUR	200		184,252
1.13%, 04/12/30^(a)	EUR	200		181,863
1.75%, 06/27/24^(a)	EUR	200		208,645
3.00%, 10/17/29^(a)	EUR	200		204,961
3.13%, 01/24/28^(a)	EUR	700		728,344
3.25%, 04/12/28^(a)	EUR	300		313,096
3.38%, 06/27/33^(a)	EUR	300		307,757
Caisse de Refinancement de l’Habitat SA
0.00%, 02/07/28^(a)	EUR	400		365,495
0.00%, 10/08/29^(a)	EUR	500		430,204
0.13%, 04/30/27^(a)	EUR	300		282,494
3.13%, 02/23/33^(a)	EUR	200		201,534
3.38%, 06/28/32^(a)	EUR	400		412,359
Caisse Nationale de Reassurance Mutuelle Agricole Groupama
3.38%, 09/24/28^(a)	EUR	200		198,299
6.00%, 01/23/27	EUR	400		442,195
Capgemini SE
0.63%, 06/23/25 (Call 03/23/25)^(a)	EUR	300		301,306
1.13%, 06/23/30 (Call 03/23/30)^(a)	EUR	200		177,838
2.00%, 04/15/29 (Call 01/15/29)^(a)	EUR	400		387,374
2.38%, 04/15/32 (Call 01/15/32)^(a)	EUR	200		187,223
Carmila SA, 1.63%, 04/01/29 (Call 01/01/29)^(a)	EUR	100		85,027
Carrefour SA
1.00%, 05/17/27 (Call 02/17/27)^(a)	EUR	100		95,414
1.25%, 06/03/25 (Call 03/03/25)^(a)	EUR	400		405,187
1.75%, 05/04/26 (Call 02/04/26)^(a)	EUR	100		100,533
2.38%, 10/30/29 (Call 07/30/29)^(a)	EUR	500		477,967
Cie de Financement Foncier SA, 3.63%, 01/16/29^(a)	EUR	400		424,645
Cie. de Financement Foncier SA
0.00%, 04/16/29^(a)	EUR	500		436,795
0.00%, 09/25/30^(a)	EUR	400		331,570
0.00%, 10/29/35^(a)	EUR	200		134,743
0.23%, 09/14/26^(a)	EUR	400		385,277
0.38%, 12/11/24^(a)	EUR	300		305,485
0.75%, 05/29/26^(a)	EUR	600		591,550
0.75%, 01/11/28^(a)	EUR	200		188,770
0.88%, 09/11/28^(a)	EUR	400		373,148
1.25%, 11/15/32^(a)	EUR	400		344,168
2.38%, 03/15/30^(a)	EUR	200		197,141
3.38%, 09/16/31^(a)	EUR	600		622,454
4.00%, 10/24/25^(a)	EUR	400		426,000
Cie. de Saint-Gobain
0.63%, 03/15/24^(a)	EUR	200		208,971
1.88%, 03/15/31^(a)	EUR	400		366,526
2.13%, 06/10/28 (Call 03/10/28)^(a)	EUR	500		488,272
4.63%, 10/09/29^(a)	GBP	200		229,506
Cie. Generale des Etablissements Michelin SCA
1.75%, 05/28/27 (Call 02/28/27)^(a)	EUR	100		98,637
1.75%, 09/03/30 (Call 06/03/30)^(a)	EUR	400		372,481
2.50%, 09/03/38 (Call 06/03/38)^(a)	EUR	200		173,857
CNP Assurances
2.50%, 06/30/51 (Call 12/30/30), (3-mo. EURIBOR + 3.650%)^(a)(b)	EUR	700		590,343
2.75%, 02/05/29	EUR	500		478,688


Security	Par (000)		Value

France (continued)
4.00%, (Call 11/18/24)^(a)(b)(c)	EUR	100	$	103,992
Coentreprise de Transport d’Electricite SA
0.88%, 09/29/24 (Call 06/29/24)^(a)	EUR	400		410,131
1.50%, 07/29/28 (Call 04/29/28)^(a)	EUR	600		565,996
Covivio, 1.50%, 06/21/27 (Call 03/21/27)^(a)	EUR	300		290,222
Covivio SA, 1.63%, 06/23/30 (Call 03/23/30)^(a)	EUR	200		173,755
Cred Mutuel Home Loan, 0.00%, 05/06/31^(a)	EUR	500		404,666
Credit Agricole Assurances SA
2.00%, 07/17/30^(a)	EUR	300		256,444
4.25%, (Call 01/13/25)^(a)(b)(c)	EUR	300		311,531
4.75%, 09/27/48 (Call 09/27/28)^(a)(b)	EUR	200		202,066
Credit Agricole Home Loan SFH SA
0.00%, 04/12/28^(a)	EUR	500		453,799
0.00%, 11/03/31^(a)	EUR	300		237,658
0.05%, 12/06/29^(a)	EUR	200		171,190
0.38%, 09/30/24^(a)	EUR	300		307,584
0.38%, 02/01/33^(a)	EUR	200		156,741
0.50%, 04/03/25^(a)	EUR	400		404,281
0.75%, 05/05/27^(a)	EUR	100		96,253
0.88%, 08/31/27^(a)	EUR	400		383,534
0.88%, 05/06/34	EUR	200		158,643
1.00%, 01/16/29	EUR	400		372,577
1.38%, 02/03/32^(a)	EUR	200		177,156
1.50%, 02/03/37^(a)	EUR	400		318,437
1.50%, 09/28/38^(a)	EUR	100		76,928
1.63%, 05/31/30	EUR	200		187,090
2.13%, 01/07/30^(a)	EUR	300		291,890
3.13%, 10/18/30^(a)	EUR	200		204,832
3.25%, 09/28/32^(a)	EUR	300		306,687
3.25%, 06/08/33^(a)	EUR	200		203,012
Credit Agricole Public Sector SCF SA
0.00%, 09/13/28	EUR	200		178,949
0.63%, 03/29/29	EUR	200		181,748
Credit Agricole SA
0.63%, 01/12/28 (Call 01/12/27), (3-mo. EURIBOR + 0.600%)^(a)(b)	EUR	600		564,923
0.88%, 01/14/32^(a)	EUR	100		80,661
1.00%, 09/18/25^(a)	EUR	600		603,366
1.00%, 04/22/26 (Call 04/22/25)^(a)(b)	EUR	700		704,709
1.00%, 07/03/29^(a)	EUR	300		269,298
1.13%, 02/24/29^(a)	EUR	400		366,855
1.13%, 07/12/32^(a)	EUR	300		244,024
2.00%, 03/25/29^(a)	EUR	400		366,189
2.50%, 04/22/34^(a)	EUR	300		266,172
2.63%, 03/17/27^(a)	EUR	200		198,591
3.88%, 04/20/31^(a)	EUR	400		412,394
4.00%, 01/18/33^(a)	EUR	400		412,336
4.13%, 03/07/30^(a)	EUR	500		526,466
6.38%, 06/14/31^(a)(b)	GBP	300		364,086
Series 2, 0.84%, 06/09/27^(a)	JPY	100,000		642,296
Credit Agricole SA/London, 1.38%, 05/03/27^(a)	EUR	700		679,965
Credit Mutuel Arkea SA
0.75%, 01/18/30^(a)	EUR	400		342,085
1.13%, 05/23/29^(a)	EUR	200		179,320
1.25%, 06/11/29 (Call 06/11/28), (3-mo. EURIBOR + 1.500%)^(a)(b)	EUR	200		183,831
1.38%, 01/17/25^(a)	EUR	200		204,738
3.38%, 09/19/27^(a)	EUR	400		410,077
3.38%, 03/11/31^(a)	EUR	100		94,962
4.25%, 12/01/32^(a)	EUR	200		206,379


Security	Par (000)		Value

France (continued)
Credit Mutuel Home Loan SFH SA
0.00%, 07/20/28^(a)	EUR	400	$	359,802
0.13%, 01/28/30^(a)	EUR	400		342,427
0.63%, 03/04/27^(a)	EUR	400		385,369
0.75%, 09/15/27^(a)	EUR	400		381,312
1.00%, 04/30/28^(a)	EUR	300		284,466
1.00%, 01/30/29^(a)	EUR	400		372,658
2.75%, 12/08/27^(a)	EUR	400		410,463
Danone SA
0.00%, 12/01/25 (Call 11/01/25)^(a)	EUR	500		490,222
0.71%, 11/03/24 (Call 08/03/24)^(a)	EUR	400		409,555
1.25%, 05/30/24 (Call 02/29/24)^(a)	EUR	300		312,596
3.47%, 05/22/31 (Call 02/22/31)^(a)	EUR	600		616,993
Dassault Systemes SE
0.00%, 09/16/24 (Call 06/16/24)^(a)	EUR	300		306,316
0.13%, 09/16/26 (Call 06/16/26)^(a)	EUR	300		286,689
Dexia Credit Local SA
0.00%, 01/21/28^(a)	EUR	300		276,110
0.63%, 01/17/26^(a)	EUR	600		596,377
1.25%, 11/26/24^(a)	EUR	700		721,063
2.13%, 02/12/25^(a)	GBP	500		583,172
3.13%, 06/01/28^(a)	EUR	700		733,853
Edenred, 1.38%, 03/10/25 (Call 12/10/24)^(a)	EUR	600		613,374
Electricite de France SA
2.00%, 12/09/49 (Call 06/09/49)^(a)	EUR	300		167,123
4.00%, 11/12/25^(a)	EUR	600		637,769
4.38%, 10/12/29 (Call 07/12/29)^(a)	EUR	300		319,214
4.50%, 11/12/40^(a)	EUR	350		356,493
4.63%, 04/26/30^(a)	EUR	450		484,715
4.75%, 10/12/34 (Call 07/12/34)^(a)	EUR	600		629,426
5.13%, 09/22/50^(a)	GBP	300		281,385
5.50%, 01/25/35 (Call 10/25/34)^(a)	GBP	300		328,538
5.50%, 03/27/37^(a)	GBP	200		213,595
5.50%, 10/17/41^(a)	GBP	300		309,177
5.63%, 01/25/53 (Call 07/25/52)^(a)	GBP	200		200,272
5.88%, 07/18/31	GBP	474		558,294
6.13%, 06/02/34^(a)	GBP	300		348,459
ELO SACA
2.38%, 04/25/25 (Call 01/25/25)^(a)	EUR	600		612,590
6.00%, 03/22/29^(a)	EUR	400		417,675
Engie SA
0.88%, 09/19/25 (Call 06/19/25)^(a)	EUR	700		700,700
1.25%, 10/24/41 (Call 07/24/41)^(a)	EUR	200		121,149
1.38%, 06/22/28 (Call 03/22/28)^(a)	EUR	400		377,999
1.38%, 02/28/29 (Call 11/28/28)^(a)	EUR	400		371,964
1.38%, 06/21/39 (Call 03/21/39)^(a)	EUR	200		133,068
1.50%, 03/13/35 (Call 12/13/34)^(a)	EUR	300		232,909
1.50%, (Call 05/30/28)^(a)(b)(c)	EUR	300		261,198
1.63%, 04/08/25 (Call 04/08/25)^(a)(b)	EUR	500		496,318
3.50%, 09/27/29 (Call 06/27/29)^(a)	EUR	400		410,675
3.63%, 01/11/30 (Call 10/11/29)^(a)	EUR	200		206,074
3.88%, 01/06/31^(a)	EUR	200		206,659
4.25%, 09/06/34^(a)	EUR	300		310,529
4.25%, 01/11/43 (Call 10/11/42)^(a)	EUR	100		97,293
4.50%, 09/06/42^(a)	EUR	200		200,499
5.00%, 10/01/60^(a)	GBP	200		196,838
5.63%, 04/03/53 (Call 01/03/53)^(a)	GBP	200		218,454
5.95%, 03/16/2111^(a)	EUR	50		57,362
7.00%, 10/30/28	GBP	200		256,553
EssilorLuxottica SA
0.38%, 01/05/26 (Call 10/01/25)^(a)	EUR	300		294,863


Security	Par (000)		Value

France (continued)
0.38%, 11/27/27 (Call 08/27/27)^(a)	EUR	500	$	463,911
0.75%, 11/27/31 (Call 08/27/31)^(a)	EUR	400		337,404
2.38%, 04/09/24 (Call 01/09/24)^(a)	EUR	100		105,089
Gecina SA
0.88%, 06/30/36 (Call 03/30/36)^(a)	EUR	100		68,028
1.00%, 01/30/29 (Call 10/30/28)^(a)	EUR	100		91,296
1.38%, 06/30/27 (Call 03/31/27)^(a)	EUR	100		96,911
1.38%, 01/26/28 (Call 10/26/27)^(a)	EUR	300		284,707
1.63%, 05/29/34 (Call 02/28/34)^(a)	EUR	100		83,149
GELF Bond Issuer I SA, 1.13%, 07/18/29 (Call 04/18/29)^(a)	EUR	200		167,860
Groupe des Assurances du Credit Mutuel SADIR, 1.85%, 04/21/42 (Call 10/21/31), (3-mo. EURIBOR + 2.650%)^(a)(b)	EUR	400		307,443
Holding d’Infrastructures de Transport SASU, 1.63%, 09/18/29 (Call 06/18/29)^(a)	EUR	500		447,522
HSBC SFH France SA
0.50%, 04/17/25^(a)	EUR	200		201,685
0.75%, 03/22/27^(a)	EUR	200		192,989
2.50%, 06/28/28^(a)	EUR	300		302,593
ICADE
1.00%, 01/19/30 (Call 10/19/29)^(a)	EUR	300		249,817
1.13%, 11/17/25 (Call 08/17/25)^(a)	EUR	300		297,057
Icade Sante SAS, 0.88%, 11/04/29 (Call 08/04/29)^(a)	EUR	300		240,417
Ile-de-France Mobilites
0.20%, 11/16/35^(a)	EUR	200		137,521
0.68%, 11/24/36^(a)	EUR	200		140,768
Ile-De-France Mobilites, 1.00%, 05/25/34^(a)	EUR	200		160,944
Imerys SA, 1.50%, 01/15/27 (Call 10/15/26)^(a)	EUR	200		194,211
Indigo Group SAS, 1.63%, 04/19/28 (Call 01/19/28)^(a)	EUR	200		188,078
In’li SA, 1.13%, 07/02/29 (Call 04/02/29)^(a)	EUR	100		88,010
JCDecaux SA
1.63%, 02/07/30 (Call 11/07/29)^(a)	EUR	200		172,024
2.00%, 10/24/24 (Call 07/24/24)^(a)	EUR	100		103,403
Kering SA
0.75%, 05/13/28 (Call 02/13/28)^(a)	EUR	200		186,192
1.25%, 05/05/25 (Call 04/05/25)^(a)	EUR	300		305,504
3.38%, 02/27/33 (Call 11/27/32)^(a)	EUR	100		100,504
3.63%, 09/05/31^(a)	EUR	300		310,100
3.88%, 09/05/35^(a)	EUR	300		305,056
Klepierre SA
0.63%, 07/01/30 (Call 04/01/30)^(a)	EUR	500		408,850
0.88%, 02/17/31 (Call 11/17/30)^(a)	EUR	200		161,868
La Banque Postale Home Loan SFH SA
0.00%, 10/22/29^(a)	EUR	300		257,541
0.63%, 06/23/27^(a)	EUR	250		239,067
1.00%, 10/04/28^(a)	EUR	200		188,054
1.63%, 05/12/30^(a)	EUR	500		470,924
3.13%, 02/19/29^(a)	EUR	400		414,228
La Banque Postale SA
0.75%, 06/23/31^(a)	EUR	200		161,948
2.00%, 07/13/28^(a)	EUR	600		575,407
5.50%, 03/05/34 (Call 12/05/28)^(a)(b)	EUR	300		309,491
5.63%, 09/21/28 (Call 09/21/27)^(a)(b)	GBP	100		118,097
La Mondiale SAM
0.75%, 04/20/26 (Call 01/20/26)^(a)	EUR	300		289,779
2.13%, 06/23/31 (Call 03/23/31)^(a)	EUR	200		166,512


Security	Par (000)		Value

France (continued)
La Poste SA
0.38%, 09/17/27^(a)	EUR	600	$	557,860
1.00%, 09/17/34^(a)	EUR	500		383,089
1.13%, 06/04/25^(a)	EUR	200		202,296
1.38%, 04/21/32^(a)	EUR	700		599,089
Legrand SA
0.63%, 06/24/28 (Call 03/24/28)^(a)	EUR	300		276,280
1.00%, 03/06/26 (Call 12/06/25)^(a)	EUR	200		198,481
L’Oreal SA, 0.88%, 06/29/26 (Call 03/29/26)^(a)	EUR	300		296,186
LVMH Moet Hennessy Louis Vuitton SE
0.13%, 02/11/28 (Call 11/11/27)^(a)	EUR	500		458,599
1.13%, 02/11/27 (Call 11/11/26)^(a)	GBP	300		323,081
3.50%, 09/07/33^(a)	EUR	600		612,774
MMB SCF SACA, 0.00%, 09/20/31^(a)	EUR	400		317,927
MMS USA Holdings Inc.
0.63%, 06/13/25 (Call 03/13/25)^(a)	EUR	400		401,074
1.75%, 06/13/31 (Call 03/13/31)^(a)	EUR	300		269,508
Mutuelle Assurance Des Commercants et Industriels de France et Des Cadres et Sal, 2.13%, 06/21/52 (Call 03/21/32), (3-mo. EURIBOR + 3.449%)^(a)(b)	EUR	200		146,514
Nerval SAS Co., 2.88%, 04/14/32 (Call 01/15/32)^(a)	EUR	200		175,012
Orange SA
0.88%, 02/03/27 (Call 11/03/26)^(a)	EUR	600		580,791
1.38%, 03/20/28 (Call 12/20/27)^(a)	EUR	700		670,722
1.38%, 09/04/49 (Call 03/04/49)^(a)	EUR	300		188,658
1.50%, 09/09/27 (Call 06/09/27)^(a)	EUR	200		195,315
1.75%, (Call 07/15/28)^(a)(b)(c)	EUR	300		265,054
2.38%, 05/18/32 (Call 02/18/32)^(a)	EUR	400		376,983
2.38%, (Call 01/15/25)^(a)(b)(c)	EUR	300		303,146
3.13%, 01/09/24^(a)	EUR	100		105,624
3.25%, 01/15/32 (Call 10/15/31)^(a)	GBP	300		307,327
5.00%, (Call 10/01/26)^(a)(b)(c)	EUR	400		421,124
5.38%, (Call 01/18/30)^(a)(b)(c)	EUR	300		309,098
5.38%, 11/22/50^(a)	GBP	150		165,577
5.63%, 01/23/34	GBP	241		287,894
8.13%, 11/20/28^(a)	GBP	200		270,725
8.13%, 01/28/33	EUR	445		623,232
Orano SA, 2.75%, 03/08/28 (Call 12/08/27)^(a)	EUR	300		295,094
Pernod Ricard SA
0.50%, 10/24/27 (Call 07/24/27)^(a)	EUR	300		281,765
1.38%, 04/07/29 (Call 01/07/29)^(a)	EUR	300		278,624
1.75%, 04/08/30 (Call 01/08/30)^(a)	EUR	300		278,562
PSA Banque France SA, 0.63%, 06/21/24 (Call 03/21/24)^(a)	EUR	400		414,158
RCI Banque SA
1.13%, 01/15/27 (Call 10/15/26)^(a)	EUR	550		526,345
1.63%, 04/11/25 (Call 01/11/25)^(a)	EUR	345		350,606
1.75%, 04/10/26 (Call 01/10/26)^(a)	EUR	587		581,499
4.88%, 10/02/29^(a)	EUR	200		208,911
Regie Autonome des Transports Parisiens, 0.88%, 05/25/27^(a)	EUR	400		387,358
RTE Reseau de Transport, 0.75%, 01/12/34 (Call 10/12/33)^(a)	EUR	700		542,238
RTE Reseau de Transport d’Electricite SADIR
0.00%, 09/09/27 (Call 06/09/27)^(a)	EUR	600		550,863
1.13%, 09/09/49 (Call 06/09/49)^(a)	EUR	400		224,383
1.63%, 11/27/25 (Call 08/27/25)^(a)	EUR	400		404,972
2.13%, 09/27/38 (Call 06/27/38)^(a)	EUR	200		160,836
SCOR SE, 3.00%, 06/08/46 (Call 06/08/26)^(a)(b)	EUR	200		200,016


Security	Par (000)		Value

France (continued)
SNCF Reseau
0.75%, 05/25/36^(a)	EUR	400	$	289,172
0.88%, 01/22/29^(a)	EUR	300		278,556
1.00%, 11/09/31^(a)	EUR	400		347,077
1.13%, 05/19/27^(a)	EUR	400		391,128
1.13%, 05/25/30^(a)	EUR	700		637,778
1.88%, 03/30/34^(a)	EUR	300		264,582
2.25%, 12/20/47^(a)	EUR	400		291,251
4.25%, 10/07/26^(a)	EUR	500		540,436
4.83%, 03/25/60	GBP	160		169,799
5.25%, 12/07/28^(a)	GBP	150		184,343
Societe Generale SA
0.13%, 02/24/26^(a)	EUR	600		580,948
0.50%, 06/12/29 (Call 06/12/28), (3-mo. EURIBOR + 0.950%)^(a)(b)	EUR	700		610,682
0.63%, 12/02/27 (Call 12/02/26), (3-mo. EURIBOR + 0.800%)^(a)(b)	EUR	300		281,015
0.75%, 01/25/27^(a)	EUR	700		657,478
0.88%, 07/01/26^(a)	EUR	100		97,167
1.25%, 06/12/30^(a)	EUR	300		255,243
1.88%, 10/03/24^(a)	GBP	400		468,203
2.13%, 09/27/28^(a)	EUR	600		570,090
2.63%, 02/27/25^(a)	EUR	500		514,526
4.25%, 12/06/30 (Call 12/06/29), (3-mo. EURIBOR + 1.800%)^(a)(b)	EUR	200		203,279
5.63%, 06/02/33^(a)	EUR	500		511,003
Societe Generale SFH SA
0.00%, 02/11/30^(a)	EUR	300		254,797
0.00%, 02/05/31^(a)	EUR	100		81,747
0.50%, 01/30/25^(a)	EUR	300		304,687
0.50%, 01/28/26^(a)	EUR	400		395,602
0.75%, 10/18/27^(a)	EUR	400		380,921
0.75%, 01/19/28^(a)	EUR	500		472,383
1.38%, 05/05/28^(a)	EUR	400		385,610
1.75%, 05/05/34^(a)	EUR	300		262,736
3.13%, 02/24/32^(a)	EUR	500		508,951
Societe National SNCF SA
1.50%, 02/02/29^(a)	EUR	300		286,125
4.63%, 02/02/24^(a)	EUR	50		52,959
Sodexo SA
0.50%, 01/17/24 (Call 11/30/23)^(a)	EUR	200		209,930
1.00%, 07/17/28 (Call 04/17/28)^(a)	EUR	300		280,141
2.50%, 06/24/26 (Call 03/24/26)^(a)	EUR	150		153,559
Suez SA
1.25%, 05/19/28 (Call 02/19/28)^(a)	EUR	600		565,435
1.25%, 05/14/35 (Call 02/14/35)^(a)	EUR	300		232,115
1.75%, 09/10/25 (Call 06/10/25)^(a)	EUR	400		406,834
Suez SACA
1.88%, 05/24/27 (Call 02/24/27)^(a)	EUR	100		97,881
2.38%, 05/24/30 (Call 02/24/30)^(a)	EUR	200		187,022
2.88%, 05/24/34 (Call 02/24/34)^(a)	EUR	200		179,483
4.63%, 11/03/28 (Call 08/03/28)^(a)	EUR	200		214,890
5.00%, 11/03/32 (Call 08/03/32)^(a)	EUR	100		107,880
TDF Infrastructure SAS, 2.50%, 04/07/26 (Call 01/07/26)^(a)	EUR	300		299,300
Technip Energies NV, 1.13%, 05/28/28 (Call 02/28/28)^(a)	EUR	200		179,788
Teleperformance
1.88%, 07/02/25 (Call 04/02/25)^(a)	EUR	300		304,110
3.75%, 06/24/29 (Call 03/24/29)^(a)	EUR	300		291,732
Terega SA, 2.20%, 08/05/25 (Call 05/05/25)^(a)	EUR	300		306,156


Security	Par (000)		Value

France (continued)
Terega SASU, 0.63%, 02/27/28 (Call 11/27/27)^(a)	EUR	100	$	89,636
Thales SA
0.25%, 01/29/27 (Call 10/29/26)^(a)	EUR	200		188,374
4.25%, 10/18/31^(a)	EUR	600		631,222
Tikehau Capital SCA, 6.63%, 03/14/30^(a)	EUR	300		314,023
TotalEnergies Capital International SA
0.75%, 07/12/28^(a)	EUR	600		557,679
1.38%, 10/04/29^(a)	EUR	100		92,671
1.41%, 09/03/31 (Call 06/03/31)^(a)	GBP	200		181,447
1.66%, 07/22/26 (Call 04/22/26)^(a)	GBP	400		443,757
1.99%, 04/08/32 (Call 01/08/32)^(a)	EUR	800		726,486
2.50%, 03/25/26^(a)	EUR	200		204,837
TotalEnergies SE
1.63%, (Call 10/25/27)^(a)(b)(c)	EUR	300		267,912
2.00%, (Call 06/04/30)^(a)(b)(c)	EUR	500		411,336
2.63%, (Call 02/26/25)^(a)(b)(c)	EUR	100		101,710
3.25%, (Call 07/17/36)^(a)(b)(c)	EUR	300		232,502
3.37%, (Call 10/06/26)^(a)(b)(c)	EUR	340		340,417
Unibail Rodamco Westfld Co., 2.88%, (Call 01/25/26)^(a)(b)(c)	EUR	200		170,003
Unibail-Rodamco-Westfield SE
0.88%, 03/29/32 (Call 12/29/31)^(a)	EUR	700		539,309
1.50%, 02/22/28^(a)	EUR	450		424,402
1.75%, 02/27/34 (Call 11/27/33)^(a)	EUR	300		241,100
2.00%, 06/29/32 (Call 03/29/32)^(a)	EUR	400		341,019
2.25%, 05/14/38 (Call 02/14/38)^(a)	EUR	200		152,393
2.50%, 06/04/26^(a)	EUR	600		610,118
2.63%, 04/09/30 (Call 01/09/30)^(a)	EUR	100		94,474
7.25%,^(a)(b)(c)	EUR	100		92,869
Veolia Environnement SA
1.50%, 11/30/26 (Call 08/30/26)^(a)	EUR	100		99,034
6.13%, 11/25/33	EUR	465		567,216
Vinci SA
1.63%, 01/18/29 (Call 10/18/28)^(a)	EUR	500		477,093
2.75%, 09/15/34 (Call 06/15/34)^(a)	GBP	200		188,248
Vivendi SE, 0.63%, 06/11/25 (Call 03/11/25)^(a)	EUR	400		399,651
Wendel SE, 1.00%, 06/01/31 (Call 03/01/31)^(a)	EUR	300		244,205
Westfield America Management Ltd.
2.13%, 03/30/25 (Call 01/30/25)^(a)	GBP	200		227,784
2.63%, 03/30/29 (Call 12/30/28)^(a)	GBP	200		192,666
Worldline SA/France, 0.88%, 06/30/27 (Call 03/30/27)^(a)	EUR	300		275,552


				141,687,782

Germany — 3.2%
Aareal Bank AG
0.00%, 08/03/26^(a)	EUR	400		384,231
0.13%, 02/01/30^(a)	EUR	400		342,569
0.75%, 04/18/28^(a)	EUR	400		349,216
adidas AG, 3.13%, 11/21/29 (Call 08/21/29)^(a)	EUR	200		204,553
Allianz Finance II BV
0.00%, 11/22/26^(a)	EUR	200		189,517
0.50%, 01/14/31 (Call 10/14/30)^(a)	EUR	400		336,704
0.88%, 01/15/26 (Call 10/15/25)^(a)	EUR	400		399,061
1.38%, 04/21/31 (Call 01/21/31)^(a)	EUR	100		89,521
Series 62, 4.50%, 03/13/43^(a)	GBP	200		213,546
Allianz SE
1.30%, 09/25/49 (Call 09/25/29), (3-mo. EURIBOR + 2.350%)^(a)(b)	EUR	200		169,510
2.24%, 07/07/45 (Call 07/07/25), (3-mo. EURIBOR + 2.650%)^(a)(b)	EUR	500		503,899


Security	Par (000)		Value

Germany (continued)
3.10%, 07/06/47 (Call 07/06/27), (3-mo. EURIBOR + 3.350%)^(a)(b)	EUR	500	$	498,377
4.25%, 07/05/52 (Call 01/05/32), (3-mo. EURIBOR + 3.550%)^(a)(b)	EUR	200		193,672
5.82%, 07/25/53 (Call 01/25/33), (3-mo. EURIBOR + 3.650%)^(a)(b)	EUR	200		214,124
alstria office REIT-AG, 1.50%, 11/15/27 (Call 08/15/27)^(a)	EUR	100		74,406
Amprion GmbH
3.45%, 09/22/27 (Call 06/22/27)^(a)	EUR	300		311,038
3.97%, 09/22/32 (Call 06/22/32)^(a)	EUR	400		413,488
Aroundtown SA
1.45%, 07/09/28 (Call 04/09/28)^(a)	EUR	300		229,031
1.63%, 01/31/28 (Call 10/31/27)^(a)	EUR	200		160,348
1.63%, (Call 04/15/26)^(a)(b)(c)	EUR	100		32,254
3.63%, 04/10/31 (Call 01/10/31)^(a)	GBP	250		197,791
BASF SE
0.88%, 11/15/27 (Call 08/15/27)^(a)	EUR	600		568,566
0.88%, 10/06/31 (Call 07/06/31)^(a)	EUR	160		135,392
1.50%, 03/17/31 (Call 12/17/30)^(a)	EUR	300		267,884
3.75%, 06/29/32 (Call 03/29/32)^(a)	EUR	400		408,100
Series 7Y, 0.88%, 05/22/25^(a)	EUR	574		583,692
Bausparkasse Schwaebisch Hall AG
0.20%, 10/28/31	EUR	200		163,130
0.20%, 04/27/33^(a)	EUR	500		383,955
Bayer AG
0.63%, 07/12/31 (Call 04/12/31)^(a)	EUR	400		318,442
1.00%, 01/12/36 (Call 10/12/35)^(a)	EUR	200		137,766
1.38%, 07/06/32 (Call 04/06/32)^(a)	EUR	400		329,038
4.00%, 08/26/26 (Call 07/26/26)^(a)	EUR	250		266,199
Bayer Capital Corp. BV
1.50%, 06/26/26 (Call 03/26/26)^(a)	EUR	100		99,182
2.13%, 12/15/29 (Call 09/15/29)^(a)	EUR	900		837,532
Bayerische Landesbank
0.20%, 05/20/30^(a)	EUR	300		258,316
0.75%, 01/20/26^(a)	EUR	180		179,166
0.75%, 01/19/28^(a)	EUR	400		379,748
1.38%, 11/22/32 (Call 08/22/27)^(a)(b)	EUR	500		423,001
2.50%, 06/28/32^(a)	EUR	250		245,608
Bayerische Landesbodenkreditanstalt, 0.63%, 11/23/26	EUR	100		97,631
Berlin Hyp AG
0.00%, 02/17/27^(a)	EUR	500		473,898
0.13%, 01/18/30^(a)	EUR	650		563,564
0.38%, 05/03/24^(a)	EUR	100		103,955
0.50%, 11/05/29^(a)	EUR	500		427,019
1.75%, 05/10/32^(a)	EUR	500		462,226
Series 200, 0.38%, 02/21/25^(a)	EUR	500		506,256
Bertelsmann SE & Co. KGaA
1.25%, 09/29/25 (Call 06/29/25)^(a)	EUR	300		302,586
3.50%, 05/29/29 (Call 02/28/29)^(a)	EUR	400		407,825
BMW Canada Inc., Series V, 2.41%, 11/27/23	CAD	200		143,901
BMW Finance NV
0.00%, 01/11/26^(a)	EUR	450		441,915
0.38%, 01/14/27^(a)	EUR	200		191,053
0.75%, 07/13/26^(a)	EUR	355		348,932
0.88%, 04/03/25^(a)	EUR	431		437,024
0.88%, 01/14/32^(a)	EUR	100		84,153
1.00%, 01/21/25^(a)	EUR	50		51,153
1.13%, 01/10/28^(a)	EUR	450		430,422
1.50%, 02/06/29^(a)	EUR	812		768,158


Security	Par (000)		Value

Germany (continued)
Commerzbank AG
0.05%, 07/11/24^(a)	EUR	250	$	257,503
0.50%, 06/09/26	EUR	570		558,288
0.63%, 08/28/24^(a)	EUR	700		720,045
0.88%, 01/22/27^(a)	EUR	500		472,557
0.88%, 04/18/28^(a)	EUR	450		426,392
1.13%, 09/19/25^(a)	EUR	400		399,386
1.50%, 08/28/28^(a)	EUR	400		375,632
1.75%, 01/22/25^(a)	GBP	300		343,944
2.25%, 09/01/32^(a)	EUR	1,093		1,039,826
3.13%, 04/20/29^(a)	EUR	500		519,869
Continental AG, 2.50%, 08/27/26 (Call 05/27/26)	EUR	400		410,379
Covestro AG, 0.88%, 02/03/26 (Call 11/03/25)^(a)	EUR	300		297,743
Daimler AG
0.75%, 03/11/33^(a)	EUR	450		356,135
1.00%, 11/15/27^(a)	EUR	200		191,412
1.50%, 07/03/29^(a)	EUR	350		325,354
2.00%, 08/22/26^(a)	EUR	595		603,698
2.00%, 02/27/31^(a)	EUR	310		289,918
Daimler International Finance BV
0.85%, 02/28/25^(a)	EUR	648		659,516
1.63%, 11/11/24^(a)	GBP	200		233,440
Daimler Truck International Finance BV, 1.63%, 04/06/27^(a)	EUR	300		292,845
Daimler Trucks Finance Canada Inc., 2.46%, 12/15/26	CAD	200		130,529
DekaBank Deutsche Girozentrale, 0.30%, 11/20/26^(a)	EUR	200		188,850
Deutsche Apotheker-und Aerztebank eG, 0.50%, 02/14/25	EUR	400		405,614
Deutsche Bahn Finance GMBH
0.63%, 09/26/28^(a)	EUR	150		139,267
0.63%, 12/08/50^(a)	EUR	500		232,745
0.88%, 07/11/31^(a)	EUR	670		583,139
0.95%, (Call 01/22/25)^(a)(b)(c)	EUR	200		197,053
1.00%, 12/17/27 (Call 09/17/27)	EUR	400		384,192
1.13%, 12/18/28^(a)	EUR	662		624,288
1.38%, 07/07/25 (Call 04/07/25)^(a)	GBP	450		513,551
1.38%, 04/16/40^(a)	EUR	650		465,800
2.75%, 03/19/29^(a)	EUR	50		51,186
3.50%, 09/27/24^(a)	AUD	100		62,530
Series CB, 1.60%, (Call 07/18/29)^(a)(b)(c)	EUR	600		496,778
Deutsche Bank AG
0.13%, 01/21/30^(a)	EUR	100		86,296
0.25%, 03/08/24^(a)	EUR	122		127,444
0.25%, 08/31/28^(a)	EUR	222		201,961
0.63%, 12/19/23^(a)	CHF	100		109,627
1.13%, 03/17/25^(a)	EUR	200		202,009
1.38%, 02/17/32 (Call 02/17/31), (3-mo. EURIBOR + 1.500%)^(a)(b)	EUR	400		314,972
1.63%, 01/20/27^(a)	EUR	400		381,927
1.75%, 01/17/28^(a)	EUR	100		92,966
1.75%, 11/19/30 (Call 11/19/29), (3-mo. EURIBOR + 2.050%)^(a)(b)	EUR	300		255,655
2.63%, 02/12/26^(a)	EUR	500		507,368
2.63%, 06/30/37^(a)	EUR	500		461,354
3.13%, 05/19/33^(a)	EUR	500		506,990
3.25%, 05/24/28 (Call 05/24/27)^(a)(b)	EUR	300		296,650
3.88%, 02/12/24^(a)	GBP	300		361,830
4.00%, 06/24/32 (Call 03/24/27)^(a)(b)	EUR	500		476,899
5.63%, 05/19/31 (Call 02/19/26)^(a)(b)	EUR	200		205,786


Security	Par (000)		Value

Germany (continued)
6.13%, 12/12/30, (1-day SONIA + 2.621%)^(a)(b)	GBP	300	$	340,710
Deutsche Boerse AG
0.13%, 02/22/31 (Call 11/22/30)^(a)	EUR	300		244,576
1.50%, 04/04/32 (Call 01/04/32)^(a)	EUR	400		351,553
1.63%, 10/08/25^(a)	EUR	370		375,913
Deutsche Hypothekenbank AG, 0.25%, 05/17/24	EUR	200		207,432
Deutsche Kreditbank AG
0.00%, 11/07/29^(a)	EUR	370		320,127
0.75%, 09/26/24^(a)	EUR	500		512,714
1.63%, 06/18/24^(a)	EUR	100		104,268
Deutsche Pfandbriefbank AG
0.10%, 01/21/28	EUR	500		457,572
0.25%, 10/27/25^(a)	EUR	300		288,285
0.63%, 08/30/27	EUR	600		568,482
3.00%, 01/25/27^(a)	EUR	200		207,424
4.38%, 08/28/26^(a)	EUR	200		207,576
Deutsche Post AG
1.00%, 05/20/32 (Call 02/20/32)^(a)	EUR	449		390,645
1.63%, 12/05/28 (Call 09/05/28)^(a)	EUR	300		288,947
2.88%, 12/11/24^(a)	EUR	334		350,313
Deutsche Telekom AG
1.75%, 03/25/31^(a)	EUR	250		232,870
1.75%, 12/09/49^(a)	EUR	344		231,657
Deutsche Telekom International Finance BV
0.63%, 12/13/24^(a)	EUR	350		358,012
1.38%, 01/30/27^(a)	EUR	600		593,254
1.50%, 04/03/28^(a)	EUR	355		342,417
2.25%, 04/13/29^(a)	GBP	261		271,886
4.50%, 10/28/30^(a)	EUR	100		110,323
Deutsche Wohnen SE, 1.50%, 04/30/30 (Call 01/30/30)^(a)	EUR	200		176,913
DZ HYP AG
0.00%, 01/15/27^(a)	EUR	300		284,729
0.00%, 10/27/28^(a)	EUR	525		470,173
0.00%, 11/15/30^(a)	EUR	300		249,571
0.05%, 12/06/24	EUR	100		101,522
0.10%, 08/31/26^(a)	EUR	400		385,232
0.38%, 11/10/34^(a)	EUR	425		315,677
0.50%, 11/13/25^(a)	EUR	385		383,098
0.75%, 02/02/26^(a)	EUR	300		298,310
0.75%, 06/30/27^(a)	EUR	450		433,047
0.88%, 01/18/30^(a)	EUR	600		545,095
0.88%, 04/17/34^(a)	EUR	250		201,392
E.ON International Finance BV
1.50%, 07/31/29 (Call 04/30/29)^(a)	EUR	786		734,368
1.63%, 05/30/26 (Call 02/28/26)^(a)	EUR	258		258,839
5.88%, 10/30/37^(a)	GBP	400		458,701
6.13%, 07/06/39^(a)	GBP	400		468,004
6.25%, 06/03/30^(a)	GBP	288		353,704
6.38%, 06/07/32	GBP	281		346,591
E.ON SE
0.25%, 10/24/26 (Call 07/24/26)^(a)	EUR	450		430,322
0.38%, 09/29/27 (Call 06/29/27)^(a)	EUR	300		277,429
0.75%, 02/20/28 (Call 11/20/27)^(a)	EUR	200		187,752
0.88%, 10/18/34 (Call 07/18/34)^(a)	EUR	300		228,613
1.63%, 05/22/29 (Call 02/22/29)^(a)	EUR	215		203,570
3.75%, 03/01/29 (Call 12/01/28)^(a)	EUR	300		314,777
3.88%, 01/12/35 (Call 10/12/34)^(a)	EUR	200		201,320


Security	Par (000)		Value

Germany (continued)
EnBW Energie Baden-Wuerttemberg AG, 1.63%, 08/05/79 (Call 05/05/27)^(a)(b)	EUR	600	$	538,572
EnBW International Finance BV
0.50%, 03/01/33 (Call 12/01/32)^(a)	EUR	342		257,895
1.88%, 10/31/33 (Call 07/31/33)^(a)	EUR	586		506,380
6.13%, 07/07/39	EUR	330		399,158
Erste Abwicklungsanstalt, 3.13%, 06/22/26^(a)	EUR	400		420,867
Eurogrid GmbH
1.11%, 05/15/32 (Call 02/15/32)^(a)	EUR	200		165,489
3.28%, 09/05/31 (Call 06/05/31)^(a)	EUR	400		397,147
Evonik Finance BV, 0.75%, 09/07/28 (Call 06/07/28)^(a)	EUR	270		250,797
Fresenius Medical Care AG & Co. KGaA
1.25%, 11/29/29 (Call 08/29/29)^(a)	EUR	300		248,033
1.50%, 07/11/25 (Call 04/11/25)^(a)	EUR	338		338,580
Fresenius SE & Co. KGaA
0.75%, 01/15/28 (Call 10/15/27)^(a)	EUR	785		721,265
1.88%, 05/24/25 (Call 04/24/25)^(a)	EUR	500		510,861
2.88%, 02/15/29 (Call 11/15/28)^(a)	EUR	270		268,068
5.13%, 10/05/30^(a)	EUR	500		541,165
Grand City Properties SA
1.38%, 08/03/26 (Call 05/03/26)^(a)	EUR	500		463,213
1.50%, (Call 03/11/26)^(a)(b)(c)	EUR	200		94,922
Grenke Finance PLC, 3.95%, 07/09/25^(a)	EUR	300		310,209
Hamburg Commercial Bank AG
0.00%, 01/19/27^(a)	EUR	200		189,205
3.38%, 02/01/28^(a)	EUR	300		314,934
Hamburger Sparkasse AG, 0.38%, 05/23/24^(a)	EUR	300		311,131
Hannover Rueck SE
1.13%, 04/18/28 (Call 01/18/28)^(a)	EUR	300		289,060
1.38%, 06/30/42 (Call 12/30/31), (3-mo. EURIBOR + 2.330%)^(a)(b)	EUR	200		155,535
1.75%, 10/08/40 (Call 07/08/30), (3-mo. EURIBOR + 3.000%)^(a)(b)	EUR	400		337,227
HeidelbergCement AG, 1.50%, 02/07/25 (Call 11/07/24)^(a)	EUR	531		542,288
HeidelbergCement Finance Luxembourg SA
1.13%, 12/01/27 (Call 09/01/27)^(a)	EUR	320		300,444
1.50%, 06/14/27 (Call 03/14/27)^(a)	EUR	235		228,188
HOCHTIEF AG, 0.63%, 04/26/29 (Call 01/26/29)^(a)	EUR	350		298,305
HOWOGE Wohnungs-baugesellschaft mbH, 0.63%, 11/01/28 (Call 08/01/28)^(a)	EUR	600		529,611
Infineon Technologies AG, 1.63%, 06/24/29 (Call 03/24/29)^(a)	EUR	300		280,660
ING-DiBa AG
0.25%, 11/16/26^(a)	EUR	500		481,142
1.00%, 05/23/39^(a)	EUR	100		70,670
1.25%, 10/09/33^(a)	EUR	400		338,629
Investitionsbank Berlin
0.50%, 04/17/26	EUR	200		197,438
2.75%, 10/04/27^(a)	EUR	400		415,816
3.13%, 03/01/33^(a)	EUR	400		413,943
Series 214, 0.00%, 04/18/28^(a)	EUR	200		183,489
Kreditanstalt fuer Wiederaufbau
0.00%, 02/18/25^(a)	EUR	500		505,572
0.00%, 06/15/26^(a)	EUR	425		413,782
0.00%, 09/30/26^(a)	EUR	1,400		1,350,582
0.00%, 03/31/27^(a)	EUR	1,400		1,330,149
0.00%, 04/30/27^(a)	EUR	800		758,160
0.00%, 05/05/27^(a)	EUR	950		901,035


Security	Par (000)		Value

Germany (continued)
0.00%, 12/15/27^(a)	EUR	1,000	$	929,675
0.00%, 09/15/28^(a)	EUR	1,250		1,135,008
0.00%, 11/09/28^(a)	EUR	945		853,452
0.00%, 06/15/29^(a)	EUR	800		708,270
0.00%, 09/17/30^(a)	EUR	2,700		2,285,546
0.00%, 01/10/31^(a)	EUR	1,890		1,584,383
0.05%, 05/30/24	EUR	50		51,811
0.05%, 09/29/34^(a)	EUR	1,010		740,279
0.13%, 10/04/24	EUR	925		947,770
0.13%, 12/30/26^(a)	GBP	200		210,222
0.13%, 01/09/32^(a)	EUR	2,170		1,777,167
0.25%, 06/30/25	EUR	1,000		1,005,813
0.38%, 04/23/25	EUR	750		758,577
0.38%, 03/09/26	EUR	1,370		1,357,546
0.38%, 05/20/36^(a)	EUR	400		288,323
0.50%, 09/15/27	EUR	1,000		955,736
0.63%, 01/15/25	EUR	700		715,323
0.63%, 02/22/27	EUR	800		779,417
0.63%, 01/07/28	EUR	2,151		2,050,598
0.75%, 12/07/27^(a)	GBP	300		310,656
0.75%, 06/28/28	EUR	1,465		1,388,256
0.88%, 09/15/26^(a)	GBP	970		1,052,991
0.88%, 07/04/39^(a)	EUR	320		227,507
1.13%, 07/04/25^(a)	GBP	700		796,298
1.13%, 09/15/32^(a)	EUR	220		193,900
1.13%, 03/31/37^(a)	EUR	600		469,866
1.13%, 06/15/37^(a)	EUR	100		77,681
1.25%, 07/31/26^(a)	GBP	400		440,682
1.25%, 06/30/27^(a)	EUR	2,010		1,985,118
1.25%, 07/04/36^(a)	EUR	440		355,193
1.38%, 12/15/25^(a)	GBP	400		451,273
1.38%, 07/31/35^(a)	EUR	370		311,227
2.00%, 02/15/27	AUD	200		115,433
2.00%, 11/15/29^(a)	EUR	500		493,996
2.50%, 11/19/25^(a)	EUR	800		833,438
2.75%, 05/15/30^(a)	EUR	813		836,537
2.75%, 02/14/33^(a)	EUR	500		503,994
2.88%, 12/28/29^(a)	EUR	600		622,918
2.88%, 06/07/33^(a)	EUR	400		405,708
3.13%, 06/07/30^(a)	EUR	950		997,811
3.25%, 03/24/31^(a)	EUR	1,000		1,056,988
3.75%, 07/30/27^(a)	GBP	200		234,140
3.80%, 05/24/28	AUD	400		239,921
4.00%, 02/27/25^(a)	AUD	500		313,822
4.13%, 02/18/26^(a)	GBP	500		596,128
4.88%, 10/10/28^(a)	GBP	300		366,331
5.00%, 03/19/24	AUD	70		44,484
6.00%, 12/07/28	GBP	150		192,283
Series EXC, 5.50%, Series EXC, 06/18/25	GBP	100		121,997
Landesbank Baden-Wuerttemberg
0.00%, 06/17/26^(a)	EUR	200		193,483
0.25%, 01/10/25^(a)	EUR	400		405,908
0.38%, 01/14/26^(a)	EUR	486		479,956
0.38%, 02/18/27^(a)	EUR	700		648,535
0.38%, 02/21/31^(a)	EUR	700		539,337
1.75%, 02/28/28^(a)	EUR	550		543,866
Series 812, 0.00%, 07/16/27^(a)	EUR	300		280,404
Landesbank Hessen-Thueringen Girozentrale
0.00%, 01/22/25^(a)	EUR	600		606,288
0.38%, 05/12/25^(a)	EUR	700		699,838
0.50%, 09/25/25^(a)	EUR	400		399,490


Security	Par (000)		Value

Germany (continued)
0.88%, 03/20/28^(a)	EUR	600	$	569,810
4.50%, 09/15/32 (Call 06/15/27)^(a)(b)	EUR	600		591,270
Series H337, 0.00%, 09/26/29	EUR	600		519,848
Landeskreditbank Baden-Wuerttemberg Foerderbank
0.38%, 04/13/26^(a)	EUR	430		423,394
0.38%, 02/25/27^(a)	EUR	400		385,256
0.63%, 12/15/25^(a)	GBP	200		221,396
Landwirtschaftliche Rentenbank
0.00%, 07/19/28^(a)	EUR	500		455,815
0.00%, 12/13/28^(a)	EUR	400		360,004
0.00%, 11/27/29^(a)	EUR	1,510		1,316,223
0.00%, 06/30/31^(a)	EUR	670		551,352
0.00%, 11/26/40^(a)	EUR	100		56,659
0.05%, 12/18/29^(a)	EUR	200		174,466
0.05%, 01/31/31^(a)	EUR	500		419,098
0.25%, 08/29/25^(a)	EUR	600		601,213
0.38%, 01/22/24^(a)	EUR	100		105,017
0.38%, 02/14/28^(a)	EUR	300		281,859
0.50%, 02/28/29^(a)	EUR	400		367,576
0.63%, 05/18/27^(a)	EUR	200		193,278
0.63%, 10/31/36^(a)	EUR	50		36,754
1.38%, 09/08/25^(a)	GBP	200		226,912
2.60%, 03/23/27^(a)	AUD	100		58,677
3.25%, 09/06/30^(a)	EUR	200		211,177
3.25%, 09/26/33^(a)	EUR	300		313,541
4.75%, 05/06/26^(a)	AUD	200		126,357
LANXESS AG
1.13%, 05/16/25 (Call 02/16/25)^(a)	EUR	225		227,484
1.75%, 03/22/28 (Call 12/22/27)^(a)	EUR	400		366,996
LEG Immobilien AG, 0.88%, 11/28/27 (Call 08/28/27)^(a)	EUR	200		182,358
LEG Immobilien SE, 1.50%, 01/17/34 (Call 10/17/33)^(a)	EUR	300		221,527
Mercedes-Benz Group AG
0.38%, 11/08/26^(a)	EUR	525		504,440
0.75%, 02/08/30^(a)	EUR	350		305,462
1.13%, 08/08/34^(a)	EUR	355		281,418
Merck Financial Services GmbH, 0.50%, 07/16/28 (Call 04/16/28)^(a)	EUR	300		274,479
Merck KGaA
1.63%, 06/25/79 (Call 09/18/24)^(a)(b)	EUR	100		101,578
1.63%, 09/09/80 (Call 06/09/26)^(a)(b)	EUR	300		285,673
2.88%, 06/25/79 (Call 03/25/29)^(a)(b)	EUR	200		185,168
3.38%, 12/12/74 (Call 12/12/24)^(a)(b)	EUR	500		518,469
Muenchener Hypothekenbank eG
0.00%, 10/19/39^(a)	EUR	275		159,103
0.13%, 09/05/35^(a)	EUR	200		139,951
0.38%, 03/09/29^(a)	EUR	300		256,210
0.50%, 03/14/25^(a)	EUR	350		354,359
0.63%, 05/07/27^(a)	EUR	400		384,922
1.00%, 04/18/39^(a)	EUR	200		142,948
2.50%, 07/04/28^(a)	EUR	390		396,715
Series 1803, 0.25%, 12/13/23^(a)	EUR	100		105,375
Series 1943, 0.25%, 05/02/36^(a)	EUR	150		104,048
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen
1.00%, 05/26/42 (Call 11/26/31), (3-mo. EURIBOR + 2.100%)^(a)(b)	EUR	300		227,529
1.25%, 05/26/41 (Call 11/26/30), (3-mo. EURIBOR + 2.550%)^(a)(b)	EUR	100		80,699


Security	Par (000)		Value

Germany (continued)
3.25%, 05/26/49 (Call 05/26/29), (3-mo. EURIBOR + 3.400%)^(a)(b)	EUR	100	$	96,395
Norddeutsche Landesbank-Girozentrale
0.25%, 10/28/26	EUR	537		517,196
0.75%, 01/18/28^(a)	EUR	794		753,516
NRW Bank
0.00%, 10/15/29	EUR	70		60,990
0.10%, 07/09/35	EUR	570		402,490
0.25%, 05/16/24^(a)	EUR	150		155,630
0.25%, 03/10/25^(a)	EUR	700		707,623
0.25%, 07/04/25	EUR	200		200,382
0.38%, 12/16/24^(a)	GBP	400		459,229
0.38%, 11/17/26^(a)	EUR	132		127,979
0.50%, 05/26/25^(a)	EUR	300		302,666
0.50%, 05/11/26^(a)	EUR	50		49,249
0.50%, 06/17/41^(a)	EUR	500		305,209
0.63%, 02/11/26	EUR	300		298,180
0.88%, 04/12/34	EUR	200		162,528
1.20%, 03/28/39	EUR	100		73,997
1.63%, 08/03/32^(a)	EUR	300		275,386
3.00%, 05/31/30^(a)	EUR	1,000		1,038,538
O2 Telefonica Deutschland Finanzierungs GmbH, 1.75%, 07/05/25 (Call 04/05/25)^(a)	EUR	200		202,617
Roadster Finance DAC, 1.63%, 12/09/29^(a)	EUR	100		99,893
Robert Bosch GmbH, 4.38%, 06/02/43 (Call 03/02/43)^(a)	EUR	600		601,275
RWE AG
1.00%, 11/26/33 (Call 08/26/33)^(a)	EUR	400		303,909
2.50%, 08/24/25 (Call 07/24/25)^(a)	EUR	600		620,401
SAP SE
0.75%, 12/10/24 (Call 09/10/24)^(a)	EUR	500		512,191
1.00%, 04/01/25 (Call 01/01/25)^(a)	EUR	219		224,699
1.25%, 03/10/28 (Call 12/10/27)^(a)	EUR	400		383,841
1.75%, 02/22/27 (Call 11/22/26)^(a)	EUR	102		106,044
Sartorius Finance BV
4.38%, 09/14/29^(a)	EUR	200		210,216
4.88%, 09/14/35^(a)	EUR	400		410,627
Siemens Energy Finance BV, 4.25%, 04/05/29 (Call 01/05/29)^(a)	EUR	400		395,184
Siemens Financieringsmaatschappij NV
0.00%, 09/05/24^(a)	EUR	475		486,890
0.50%, 09/05/34^(a)	EUR	200		149,799
1.00%, 02/20/25^(a)	GBP	300		345,016
1.00%, 09/06/27^(a)	EUR	90		87,297
1.00%, 02/25/30 (Call 11/25/29)^(a)	EUR	600		541,911
1.25%, 02/28/31^(a)	EUR	275		248,678
1.75%, 02/28/39^(a)	EUR	250		193,132
2.75%, 09/10/25^(a)	GBP	200		232,826
2.88%, 03/10/28^(a)	EUR	541		560,257
3.38%, 08/24/31 (Call 05/24/31)^(a)	EUR	400		411,983
3.50%, 02/24/36 (Call 11/24/35)^(a)	EUR	100		100,019
3.63%, 02/24/43 (Call 11/24/42)^(a)	EUR	200		190,824
Siemens Financieringsmat Co., 1.25%, 02/25/35 (Call 11/25/34)^(a)	EUR	300		242,459
Talanx AG, 2.25%, 12/05/47 (Call 12/05/27), (3-mo. EURIBOR + 2.450%)^(a)(b)	EUR	300		281,462
Traton Finance Luxembourg SA, 0.75%, 03/24/29 (Call 12/24/28)^(a)	EUR	400		346,341
UniCredit Bank AG
0.00%, 09/10/24^(a)	EUR	286		292,706
0.00%, 09/15/28^(a)	EUR	600		539,221


Security	Par (000)		Value

Germany (continued)
0.00%, 01/21/36^(a)	EUR	150	$	101,321
0.25%, 01/15/32^(a)	EUR	750		610,185
0.50%, 05/04/26^(a)	EUR	550		539,889
0.85%, 05/22/34^(a)	EUR	580		465,001
3.00%, 05/17/27^(a)	EUR	100		104,154
Vier Gas Transport GmbH, 4.63%, 09/26/32 (Call 06/26/32)^(a)	EUR	300		320,077
Volkswagen Bank GmbH, 2.50%, 07/31/26^(a)	EUR	500		502,197
Volkswagen Financial Services AG
0.38%, 02/12/30^(a)	EUR	550		445,263
1.50%, 10/01/24^(a)	EUR	550		569,374
2.25%, 10/16/26^(a)	EUR	70		70,411
3.00%, 04/06/25^(a)	EUR	500		521,672
3.38%, 04/06/28^(a)	EUR	250		254,587
Volkswagen Financial Services NV
1.38%, 09/14/28^(a)	GBP	300		290,132
2.25%, 04/12/25^(a)	GBP	150		174,066
Volkswagen International Finance NV
2.63%, 11/16/27^(a)	EUR	300		295,421
3.30%, 03/22/33^(a)	EUR	400		368,124
3.38%, 11/16/26^(a)	GBP	400		448,957
3.50%, (Call 03/20/30)^(a)(b)(c)	EUR	400		335,281
3.75%, (Call 12/28/27)^(a)(b)(c)	EUR	400		365,045
3.88%, (Call 06/17/29)^(a)(b)(c)	EUR	200		173,528
4.13%, 11/16/38^(a)	EUR	200		188,984
4.25%, 02/15/28^(a)	EUR	100		104,973
4.25%, 03/29/29^(a)	EUR	300		310,326
4.38%, (Call 03/28/31)^(a)(b)(c)	EUR	300		252,803
4.63%, (Call 03/24/26)^(a)(b)(c)	EUR	650		650,174
4.63%, (Call 06/27/28)^(a)(b)(c)	EUR	500		468,720
Series 10Y, 1.88%, 03/30/27^(a)	EUR	700		678,636
Volkswagen Leasing GmbH
0.50%, 01/12/29^(a)	EUR	200		172,332
0.63%, 07/19/29^(a)	EUR	300		252,722
1.38%, 01/20/25^(a)	EUR	400		409,177
1.50%, 06/19/26^(a)	EUR	550		543,016
4.75%, 09/25/31^(a)	EUR	300		311,102
Vonovia Finance BV
0.63%, 10/07/27 (Call 07/07/27)^(a)	EUR	300		269,458
1.00%, 07/09/30 (Call 04/09/30)^(a)	EUR	300		243,836
1.13%, 09/14/34 (Call 06/14/34)^(a)	EUR	100		69,229
1.25%, 12/06/24^(a)	EUR	100		101,988
1.50%, 03/22/26^(a)	EUR	100		98,851
1.50%, 06/10/26^(a)	EUR	300		295,583
1.63%, 10/07/39 (Call 07/07/39)^(a)	EUR	100		62,170
1.75%, 01/25/27^(a)	EUR	200		192,468
1.80%, 06/29/25 (Call 03/29/25)^(a)	EUR	400		404,050
2.25%, 04/07/30 (Call 01/07/30)^(a)	EUR	400		353,334
Vonovia SE
0.63%, 12/14/29 (Call 09/14/29)^(a)	EUR	200		162,201
1.50%, 06/14/41 (Call 03/14/41)^(a)	EUR	300		170,395
1.63%, 09/01/51 (Call 06/01/51)^(a)	EUR	200		96,007
1.88%, 06/28/28 (Call 03/28/28)^(a)	EUR	400		369,503
2.38%, 03/25/32 (Call 12/25/31)^(a)	EUR	300		255,855
VW Credit Canada Inc., 5.86%, 11/15/27^(a)	CAD	500		360,599
Wintershall Dea Finance BV, 1.33%, 09/25/28 (Call 06/25/28)^(a)	EUR	400		363,280
Wirtschafts- und Infrastrukturbank Hessen,
0.88%, 06/14/28	EUR	200		190,573


Security		Par (000)		Value

Germany (continued)
Wurth Finance International BV
0.75%, 11/22/27 (Call 08/22/27)^(a)	EUR		200	$	188,115
2.13%, 08/23/30 (Call 05/23/30)^(a)	EUR		100		94,098


					154,098,308

Hong Kong — 0.0%
Prudential PLC, 6.13%, 12/19/31^(a)	GBP		200		238,115


Hungary — 0.0%
MOL Hungarian Oil & Gas PLC, 1.50%, 10/08/27 (Call 07/08/27)^(a)	EUR		200		185,251
MVM Energetika Zrt, 0.88%, 11/18/27 (Call 08/18/27)^(a)	EUR		200		172,850


					358,101

Indonesia — 0.0%
Perusahaan Perseroan Persero PT Perusahaan Listrik Negara, 1.88%, 11/05/31^(a)	EUR		300		244,156


Ireland — 0.1%
AIB Group PLC
0.50%, 11/17/27 (Call 11/17/26)^(a)(b)	EUR		400		373,442
4.63%, 07/23/29 (Call 07/23/28)^(a)(b)	EUR		200		208,014
Bank of Ireland Group PLC
4.88%, 07/16/28 (Call 07/16/27)^(a)(b)	EUR		200		213,092
5.00%, 07/04/31 (Call 07/04/30)^(a)(b)	EUR		700		739,574
Bank of Ireland Mortgage Bank, 0.63%, 03/14/25^(a)	EUR		100		101,356
CRH Finland Services OYJ, 0.88%, 11/05/23^(a)	EUR		350		370,335
ESB Finance DAC
1.75%, 02/07/29 (Call 11/07/28)^(a)	EUR		500		474,942
1.88%, 06/14/31 (Call 03/14/31)^(a)	EUR		600		546,254
2.13%, 11/05/33 (Call 08/05/33)^(a)	EUR		557		494,454
Freshwater Finance PLC, Series A, 5.18%, 04/20/35^(a)	GBP		100		109,316
Kerry Group Financial Services Unltd Co.
0.63%, 09/20/29 (Call 06/20/29)^(a)	EUR		300		263,044
0.88%, 12/01/31 (Call 09/01/31)^(a)	EUR		100		82,852
Ryanair DAC, 2.88%, 09/15/25^(a)	EUR		400		413,871
Smurfit Kappa Acquisitions ULC, 2.88%, 01/15/26 (Call 10/15/25)^(a)	EUR		350		359,071
Smurfit Kappa Treasury Co., 0.50%, 09/22/29 (Call 06/22/29)^(a)	EUR		300		256,155


					5,005,772

Italy — 0.7%
2i Rete Gas SpA
2.20%, 09/11/25 (Call 06/11/25)^(a)	EUR		460		469,109
4.38%, 06/06/33^(a)	EUR		400		398,832
A2A SpA
1.00%, 07/16/29 (Call 04/16/29)^(a)	EUR		550		483,275
1.63%, 10/19/27 (Call 07/19/27)^(a)	EUR		200		192,896
ACEA SpA
0.25%, 07/28/30 (Call 04/28/30)^(a)	EUR		100		81,105
1.00%, 10/24/26 (Call 07/24/26)^(a)	EUR		550		533,122
1.75%, 05/23/28 (Call 02/23/28)^(a)	EUR		560		535,750
Aeroporti di Roma SpA
1.63%, 06/08/27 (Call 03/08/27)^(a)	EUR		150		147,826
4.88%, 07/10/33 (Call 04/10/33)^(a)	EUR		100		101,857
AMCO - Asset Management Co. SpA
0.75%, 04/20/28^(a)	EUR		250		220,196
1.38%, 01/27/25^(a)	EUR		200		203,539
2.25%, 07/17/27^(a)	EUR		350		337,509
Anima Holding SpA, 1.50%, 04/22/28^(a)	EUR		100		91,140


Security		Par (000)		Value

Italy (continued)
Assicurazioni Generali SpA
2.12%, 10/01/30^(a)	EUR		200	$	170,083
4.60%, (Call 11/21/25), (3-mo. EURIBOR + 4.500%)^(a)(b)(c)	EUR		100		102,758
5.50%, 10/27/47 (Call 10/27/27), (3-mo. EURIBOR + 5.350%)^(a)(b)	EUR		350		368,057
5.80%, 07/06/32 (Call 01/06/32)^(a)	EUR		400		422,405
ASTM SpA
1.00%, 11/25/26 (Call 08/25/26)^(a)	EUR		300		286,249
2.38%, 11/25/33 (Call 08/25/33)^(a)	EUR		300		238,097
3.38%, 02/13/24^(a)	EUR		209		220,419
Autostrade per l’Italia SpA
1.63%, 01/25/28 (Call 10/25/27)^(a)	EUR		100		93,151
1.75%, 06/26/26^(a)	EUR		200		197,599
1.75%, 02/01/27^(a)	EUR		200		194,366
1.88%, 11/04/25^(a)	EUR		200		201,464
1.88%, 09/26/29 (Call 06/26/29)^(a)	EUR		200		177,894
2.00%, 12/04/28 (Call 09/04/28)^(a)	EUR		200		184,689
2.25%, 01/25/32 (Call 10/25/31)^(a)	EUR		200		168,185
4.38%, 09/16/25^(a)	EUR		250		264,535
5.88%, 06/09/24	EUR		200		213,747
Banca Monte dei Paschi di Siena SpA
0.88%, 10/08/27^(a)	EUR		300		288,605
Series 16, 2.88%, 07/16/24^(a)	EUR		200		209,338
Banco BPM SpA
1.00%, 01/23/25^(a)	EUR		200		203,881
3.75%, 06/27/28^(a)	EUR		200		210,269
Banco di Desio e della Brianza SpA, 0.38%, 07/24/26^(a)	EUR		200		193,139
Coca-Cola HBC Finance BV, 0.63%, 11/21/29 (Call 08/21/29)^(a)	EUR		300		259,509
Credit Agricole Italia SpA
0.25%, 09/30/24^(a)	EUR		100		102,199
0.25%, 01/17/28^(a)	EUR		300		274,866
0.38%, 01/20/32^(a)	EUR		400		315,767
1.00%, 03/25/27^(a)	EUR		400		386,449
1.00%, 01/17/45^(a)	EUR		100		56,685
1.13%, 03/21/25^(a)	EUR		200		203,536
3.50%, 01/15/30^(a)	EUR		200		207,033
Credito Emiliano SpA, 4.88%, 03/26/30, (3-mo. EURIBOR + 1.600%)^(a)(b)	EUR		400		415,821
Enel Finance International NV
0.38%, 06/17/27 (Call 03/17/27)^(a)	EUR		800		742,700
0.50%, 06/17/30 (Call 03/17/30)^(a)	EUR		600		496,034
1.13%, 10/17/34 (Call 07/17/34)^(a)	EUR		216		158,878
1.25%, 01/17/35 (Call 10/19/34)^(a)	EUR		300		224,864
1.38%, 06/01/26^(a)	EUR		579		571,797
2.88%, 04/11/29 (Call 01/11/29)^(a)	GBP		200		208,330
4.00%, 02/20/31^(a)	EUR		700		719,484
4.50%, 02/20/43 (Call 08/20/42)^(a)	EUR		200		192,197
5.63%, 08/14/24^(a)	GBP		350		424,385
5.75%, 09/14/40^(a)	GBP		330		368,456
Enel SpA
3.50%, 02/24/25 (Call 02/24/25)^(a)(b)	EUR		200		204,685
Series 6.5Y, 1.38%, (Call 06/08/27)^(a)(b)(c)	EUR		530		461,166
Eni SpA
0.63%, 01/23/30^(a)	EUR		400		342,058
1.13%, 09/19/28^(a)	EUR		670		623,757
1.25%, 05/18/26^(a)	EUR		200		197,585
1.63%, 05/17/28^(a)	EUR		100		95,708
1.75%, 01/18/24^(a)	EUR		279		293,752


Security		Par (000)		Value

Italy (continued)
2.75%, (Call 02/11/30)^(a)(b)(c)	EUR		300	$	249,183
3.75%, 09/12/25^(a)	EUR		450		474,923
4.25%, 05/19/33^(a)	EUR		400		410,794
Series NC5, 2.63%, (Call 10/13/25)^(a)(b)(c)	EUR		300		295,407
Series NC9, 3.38%, (Call 07/13/29)^(a)(b)(c)	EUR		100		88,654
ERG SpA, 1.88%, 04/11/25 (Call 01/11/25)^(a)	EUR		100		101,754
FCA Bank SpA/Ireland
0.00%, 04/16/24 (Call 01/16/24)^(a)	EUR		100		103,896
0.50%, 09/13/24 (Call 06/13/24)^(a)	EUR		300		307,291
Ferrovie dello Stato Italiane SpA
0.38%, 03/25/28^(a)	EUR		675		610,925
1.50%, 06/27/25^(a)	EUR		460		466,727
Hera SpA
0.25%, 12/03/30 (Call 09/03/30)^(a)	EUR		673		529,899
0.88%, 10/14/26^(a)	EUR		500		485,745
2.50%, 05/25/29 (Call 02/25/29)^(a)	EUR		450		435,153
Intesa Sanpaolo SpA
0.63%, 02/24/26^(a)	EUR		400		388,035
0.75%, 03/16/28^(a)	EUR		700		632,738
1.00%, 07/04/24^(a)	EUR		575		595,750
1.00%, 09/25/25^(a)	EUR		300		301,513
1.13%, 06/16/27^(a)	EUR		600		581,413
1.13%, 10/04/27^(a)	EUR		400		384,502
1.38%, 12/18/25^(a)	EUR		100		100,674
1.75%, 07/04/29^(a)	EUR		525		473,396
2.50%, 01/15/30^(a)	GBP		300		284,421
3.13%, 02/05/24^(a)	EUR		100		105,550
3.25%, 02/10/26^(a)	EUR		100		104,526
4.88%, 05/19/30^(a)	EUR		450		472,256
5.13%, 08/29/31^(a)	EUR		400		421,720
5.63%, 03/08/33^(a)	EUR		150		155,731
Iren SpA
0.88%, 11/04/24^(a)	EUR		100		102,260
1.00%, 07/01/30 (Call 04/01/30)^(a)	EUR		200		167,053
1.50%, 10/24/27 (Call 07/24/27)^(a)	EUR		300		286,279
1.95%, 09/19/25 (Call 06/19/25)^(a)	EUR		100		101,552
Italgas SpA
0.88%, 04/24/30^(a)	EUR		430		365,743
1.63%, 01/19/27^(a)	EUR		500		491,613
Mediobanca Banca di Credito Finanziario SpA
0.50%, 10/01/26^(a)	EUR		100		96,626
0.88%, 01/15/26^(a)	EUR		200		197,051
1.13%, 04/23/25^(a)	EUR		250		251,154
1.25%, 11/24/29^(a)	EUR		600		548,426
1.63%, 01/07/25^(a)	EUR		200		204,843
4.75%, 03/14/28 (Call 03/14/27), (3-mo. EURIBOR + 1.370%)^(a)(b)	EUR		300		316,886
Series 4, 1.38%, 11/10/25^(a)	EUR		300		302,361
Poste Italiane SpA, 0.50%, 12/10/28 (Call 09/10/28)^(a)	EUR		300		266,871
Snam SpA
0.00%, 12/07/28 (Call 09/07/28)^(a)	EUR		467		400,539
0.88%, 10/25/26^(a)	EUR		461		444,902
1.25%, 06/20/34 (Call 03/20/34)^(a)	EUR		200		154,754
1.38%, 10/25/27 (Call 07/25/27)^(a)	EUR		110		105,874
Societa Cattolica Di Assicurazione SpA, 4.25%, 12/14/47 (Call 12/14/27), (3-mo. EURIBOR + 4.455%)^(a)(b)	EUR		200		200,223
Terna - Rete Elettrica Nazionale
0.38%, 09/25/30 (Call 06/25/30)^(a)	EUR		300		244,742
1.38%, 07/26/27^(a)	EUR		300		289,808


Security		Par (000)		Value

Italy (continued)
3.88%, 07/24/33	EUR		100	$	100,474
Terna Rete Elettrica Nazionale SpA, 4.90%, 10/28/24^(a)	EUR		103		109,862
UniCredit SpA
0.33%, 01/19/26^(a)	EUR		400		389,864
0.38%, 10/31/26^(a)	EUR		300		287,846
0.75%, 04/30/25^(a)	EUR		350		353,083
0.85%, 01/19/31^(a)	EUR		100		80,944
1.63%, 07/03/25 (Call 07/03/24), (3-mo. EURIBOR + 1.900%)^(a)(b)	EUR		300		311,295
1.80%, 01/20/30^(a)	EUR		500		441,132
3.50%, 07/31/30^(a)	EUR		400		412,814
4.45%, 02/16/29 (Call 02/16/28), (3-mo. EURIBOR + 1.600%)^(a)(b)	EUR		400		412,438
5.85%, 11/15/27 (Call 11/15/26), (3-mo. EURIBOR + 2.850%)^(a)(b)	EUR		500		544,064


					35,498,739

Japan — 0.2%
Asahi Group Holdings Ltd., 1.15%, 09/19/25 (Call 06/19/25)^(a)	EUR		200		201,125
East Japan Railway Co.
0.77%, 09/15/34^(a)	EUR		100		74,937
1.10%, 09/15/39^(a)	EUR		300		194,840
1.16%, 09/15/28^(a)	GBP		250		250,541
4.39%, 09/05/43^(a)	EUR		300		301,407
4.50%, 01/25/36^(a)	GBP		250		270,371
JT International Financial Services BV
1.00%, 11/26/29 (Call 08/26/29)^(a)	EUR		200		175,959
2.75%, 09/28/33 (Call 06/28/33)^(a)	GBP		200		179,894
Mitsubishi UFJ Financial Group Inc.
0.85%, 07/19/29^(a)	EUR		200		179,058
0.87%, 09/07/24^(a)	EUR		400		411,959
Mizuho Financial Group Inc.
0.40%, 09/06/29^(a)	EUR		300		251,628
0.80%, 04/15/30^(a)	EUR		335		282,170
1.63%, 04/08/27^(a)	EUR		500		485,125
2.10%, 04/08/32^(a)	EUR		500		438,518
Nissan Motor Co. Ltd., 3.20%, 09/17/28 (Call 06/17/28)^(a)	EUR		150		143,067
NTT Finance Corp.
0.08%, 12/13/25 (Call 11/13/25)^(a)	EUR		406		397,655
0.34%, 03/03/30 (Call 12/03/29)^(a)	EUR		500		424,841
Sumitomo Mitsui Banking Corp., 0.41%, 11/07/29^(a)	EUR		250		214,729
Sumitomo Mitsui Financial Group Inc.
0.63%, 10/23/29^(a)	EUR		400		339,368
0.93%, 10/11/24^(a)	EUR		516		529,753
1.41%, 06/14/27^(a)	EUR		300		287,401
1.55%, 06/15/26^(a)	EUR		247		245,116
Sumitomo Mitsui Trust Bank Ltd., 0.00%, 10/15/27^(a)	EUR		300		272,684
Takeda Pharmaceutical Co. Ltd.
0.75%, 07/09/27 (Call 05/09/27)	EUR		100		94,436
1.00%, 07/09/29 (Call 04/09/29)	EUR		200		179,130
1.38%, 07/09/32 (Call 04/09/32)	EUR		400		335,376
2.00%, 07/09/40 (Call 01/09/40)	EUR		200		147,507
3.00%, 11/21/30 (Call 08/21/30)^(a)	EUR		200		196,247


					7,504,842


Security		Par (000)		Value

Lithuania — 0.0%
AB Ignitis Grupe
2.00%, 07/14/27^(a)	EUR		200	$	195,007
2.00%, 05/21/30 (Call 02/21/30)^(a)	EUR		200		177,785


					372,792

Luxembourg — 0.1%
ArcelorMittal SA, 1.75%, 11/19/25 (Call 08/19/25)^(a)	EUR		500		504,308
Bevco Lux Sarl, 1.50%, 09/16/27 (Call 06/16/27)^(a)	EUR		200		191,360
Blackstone Property Partners
3.63%, 10/29/29 (Call 07/29/29)^(a)	EUR		200		178,661
4.88%, 04/29/32 (Call 01/29/32)^(a)	GBP		200		189,076
Blackstone Property Partners Europe Holdings Sarl
1.00%, 05/04/28 (Call 02/04/28)^(a)	EUR		200		166,398
1.75%, 03/12/29 (Call 12/12/28)^(a)	EUR		100		82,962
2.20%, 07/24/25 (Call 04/24/25)^(a)	EUR		300		298,476
CBRE Global Investors Open-Ended Funds SCA SICAV-SIF-Pan European Core Fund, 0.50%, 01/27/28 (Call 10/27/27)^(a)	EUR		200		170,758
Czech Gas Networks Investments Sarl, 0.45%, 09/08/29 (Call 06/08/29)^(a)	EUR		200		163,226
Eurofins Scientific SE, 4.00%, 07/06/29 (Call 04/06/29)^(a)	EUR		200		202,948
JAB Holdings BV
1.00%, 12/20/27^(a)	EUR		300		280,525
2.25%, 12/19/39^(a)	EUR		300		211,072
Series 11Y, 2.50%, 06/25/29^(a)	EUR		200		194,058
Logicor Financing Sarl
2.25%, 05/13/25 (Call 02/13/25)^(a)	EUR		550		552,498
2.75%, 01/15/30 (Call 10/15/29)^(a)	GBP		250		228,993
3.25%, 11/13/28 (Call 08/13/28)^(a)	EUR		560		512,560
Prologis International Funding II SA
0.88%, 07/09/29 (Call 04/09/29)^(a)	EUR		300		257,156
3.13%, 06/01/31 (Call 03/01/31)^(a)	EUR		300		278,380
SELP Finance Sarl
0.88%, 05/27/29 (Call 02/27/29)^(a)	EUR		250		209,051
1.50%, 12/20/26 (Call 09/20/26)^(a)	EUR		250		238,559
SES SA, 0.88%, 11/04/27 (Call 08/04/27)^(a)	EUR		200		183,842


					5,294,867

Mexico — 0.0%
America Movil SAB de CV
2.13%, 03/10/28	EUR		300		294,602
4.95%, 07/22/33	GBP		200		226,944
5.75%, 06/28/30	GBP		270		328,498


					850,044

Netherlands — 1.0%
ABN AMRO Bank NV
0.38%, 01/14/35^(a)	EUR		200		146,915
0.40%, 09/17/41^(a)	EUR		100		57,613
0.50%, 04/15/26^(a)	EUR		300		293,535
0.60%, 01/15/27^(a)	EUR		600		564,937
0.63%, 01/24/37^(a)	EUR		300		211,914
0.88%, 01/14/26^(a)	EUR		400		399,441
1.00%, 04/13/31^(a)	EUR		800		708,209
1.00%, 06/02/33^(a)	EUR		200		160,116
1.13%, 01/12/32^(a)	EUR		200		175,473
1.13%, 04/23/39^(a)	EUR		200		141,846
1.25%, 05/28/25^(a)	EUR		600		606,875
1.25%, 01/10/33^(a)	EUR		200		172,502


Security		Par (000)		Value

Netherlands (continued)
1.38%, 01/12/37^(a)	EUR		500	$	393,978
1.45%, 04/12/38^(a)	EUR		300		232,004
3.00%, 06/01/32^(a)	EUR		200		190,934
3.38%, 08/15/31^(a)	CHF		200		246,412
3.88%, 12/21/26^(a)	EUR		400		421,826
4.00%, 01/16/28^(a)	EUR		200		208,296
4.25%, 02/21/30^(a)	EUR		600		623,459
4.50%, 11/21/34^(a)	EUR		200		207,318
Achmea Bank NV
0.38%, 11/22/24^(a)	EUR		500		509,773
0.50%, 02/20/26^(a)	EUR		300		295,181
Achmea BV, 1.50%, 05/26/27 (Call 02/26/27)^(a)	EUR		334		324,081
Aegon Bank NV
0.38%, 06/09/36^(a)	EUR		200		139,372
0.38%, 11/21/56^(a)	EUR		200		203,825
Aegon NV, 6.13%, 12/15/31	GBP		50		60,919
Akzo Nobel NV
1.13%, 04/08/26 (Call 01/08/26)^(a)	EUR		200		198,838
2.00%, 03/28/32 (Call 12/28/31)^(a)	EUR		300		264,070
Alliander NV, 3.25%, 06/13/28^(a)	EUR		300		311,349
ASML Holding NV
0.63%, 05/07/29 (Call 02/07/29)^(a)	EUR		340		305,642
1.38%, 07/07/26 (Call 04/07/26)^(a)	EUR		300		300,034
ASR Nederland NV, 7.00%, 12/07/43 (Call 09/07/33)^(a)(b)	EUR		200		216,973
BNG Bank NV
0.00%, 08/31/28^(a)	EUR		400		361,919
0.00%, 01/20/31^(a)	EUR		500		415,071
0.13%, 04/11/26^(a)	EUR		500		489,782
0.13%, 04/19/33^(a)	EUR		800		618,867
0.13%, 07/09/35^(a)	EUR		400		283,856
0.20%, 11/09/24^(a)	EUR		450		459,302
0.25%, 01/12/32^(a)	EUR		800		654,800
0.25%, 11/22/36^(a)	EUR		500		340,751
0.50%, 04/16/25^(a)	EUR		400		405,089
0.63%, 06/19/27^(a)	EUR		250		241,348
0.75%, 01/11/28^(a)	EUR		250		238,709
0.75%, 01/24/29^(a)	EUR		390		362,313
0.81%, 06/28/49^(a)	EUR		400		210,101
0.88%, 10/17/35^(a)	EUR		800		622,211
0.88%, 10/24/36^(a)	EUR		446		335,594
1.00%, 01/12/26^(a)	EUR		200		201,010
1.13%, 09/04/24^(a)	EUR		300		310,734
1.38%, 10/21/30^(a)	EUR		200		185,353
1.50%, 07/15/39^(a)	EUR		284		218,634
1.60%, 11/27/30^(a)	AUD		310		149,524
3.00%, 04/23/30^(a)	EUR		400		414,026
3.25%, 07/15/25^(a)	AUD		200		123,332
3.30%, 07/17/28^(a)	AUD		900		524,334
Cooperatieve Rabobank UA
0.25%, 05/31/24^(a)	EUR		200		207,166
0.63%, 04/26/26^(a)	EUR		200		197,378
0.63%, 02/25/33^(a)	EUR		300		231,887
0.75%, 03/02/32^(a)	EUR		600		506,323
0.75%, 06/21/39^(a)	EUR		200		134,680
0.88%, 02/08/28^(a)	EUR		700		667,845
0.88%, 02/01/29^(a)	EUR		600		558,679
1.25%, 03/23/26^(a)	EUR		320		320,904
1.38%, 02/03/27^(a)	EUR		610		600,691
1.50%, 04/26/38^(a)	EUR		300		235,142
3.11%, 06/07/33^(a)	EUR		300		303,236


Security		Par (000)		Value

Netherlands (continued)
3.88%, 11/30/32 (Call 08/30/27)^(a)(b)	EUR		100	$	101,199
4.00%, 01/10/30^(a)	EUR		300		311,473
4.23%, 04/25/29 (Call 04/25/28), (3-mo. EURIBOR + 1.150%)^(a)(b)	EUR		1,000		1,049,850
5.25%, 09/14/27^(a)	GBP		200		234,676
5.38%, 08/03/60^(a)	GBP		100		118,947
CTP NV
0.88%, 01/20/26 (Call 10/20/25)^(a)	EUR		400		377,126
1.25%, 06/21/29 (Call 03/21/29)^(a)	EUR		200		157,523
de Volksbank NV
0.38%, 09/16/41^(a)	EUR		200		114,752
1.00%, 03/08/28^(a)	EUR		200		190,989
1.75%, 10/22/30 (Call 10/22/25)^(a)(b)	EUR		200		194,499
2.38%, 05/04/27 (Call 05/04/26), (3-mo. EURIBOR + 1.200%)^(a)(b)	EUR		300		295,963
Enexis Holding NV, 0.75%, 07/02/31 (Call 04/02/31)^(a)	EUR		625		531,106
Euronext NV, 0.75%, 05/17/31 (Call 02/17/31)^(a)	EUR		400		331,432
EXOR NV
0.88%, 01/19/31 (Call 10/19/30)^(a)	EUR		200		166,237
1.75%, 01/18/28 (Call 10/18/27)^(a)	EUR		200		193,684
Heineken NV
1.00%, 05/04/26 (Call 02/04/26)^(a)	EUR		370		366,202
1.25%, 03/17/27 (Call 12/17/26)^(a)	EUR		350		341,692
1.75%, 05/07/40 (Call 11/07/39)^(a)	EUR		300		223,425
2.25%, 03/30/30 (Call 12/30/29)^(a)	EUR		200		192,493
4.13%, 03/23/35 (Call 12/23/34)^(a)	EUR		200		208,545
ING Bank NV
0.75%, 02/18/29^(a)	EUR		400		368,687
0.88%, 04/11/28^(a)	EUR		700		663,657
1.00%, 02/17/37^(a)	EUR		300		223,717
3.00%, 02/15/33^(a)	EUR		500		502,872
ING Groep NV
0.25%, 02/18/29 (Call 02/18/28), (3-mo. EURIBOR + 0.680%)^(a)(b)	EUR		600		528,852
0.25%, 02/01/30 (Call 02/01/29), (3-mo. EURIBOR + 0.700%)^(a)(b)	EUR		600		506,883
1.00%, 11/16/32 (Call 08/16/27)^(a)(b)	EUR		500		443,753
1.13%, 02/14/25^(a)	EUR		600		611,140
1.13%, 12/07/28 (Call 12/07/27), (1-day SONIA + 0.905%)^(a)(b)	GBP		300		301,977
1.25%, 02/16/27 (Call 02/16/26), (3-mo. EURIBOR + 0.850%)^(a)(b)	EUR		700		688,731
2.00%, 09/20/28^(a)	EUR		300		288,970
2.13%, 05/26/31 (Call 02/26/26)^(a)(b)	EUR		300		293,600
2.50%, 11/15/30^(a)	EUR		400		382,459
4.50%, 05/23/29 (Call 05/23/28), (3-mo. EURIBOR + 1.600%)^(a)(b)	EUR		500		526,576
5.00%, 02/20/35 (Call 11/20/29)^(a)(b)	EUR		200		203,507
JDE Peet’s NV, 1.13%, 06/16/33 (Call 03/16/33)^(a)	EUR		225		175,017
Koninklijke Ahold Delhaize NV, 0.25%, 06/26/25 (Call 03/26/25)^(a)	EUR		352		351,355
Koninklijke DSM NV, 1.00%, 04/09/25 (Call 01/09/25)^(a)	EUR		470		476,899
Koninklijke KPN NV
0.88%, 11/15/33 (Call 08/15/33)^(a)	EUR		300		232,397
5.63%, 09/30/24^(a)	EUR		200		214,537
5.75%, 09/17/29^(a)	GBP		260		310,162
Koninklijke Philips NV
1.88%, 05/05/27 (Call 02/05/27)^(a)	EUR		400		391,704


Security		Par (000)		Value

Netherlands (continued)
2.00%, 03/30/30 (Call 12/30/29)^(a)	EUR		300	$	273,083
LeasePlan Corp. NV, 1.38%, 03/07/24^(a)	EUR		200		209,598
Louis Dreyfus Co. BV
1.63%, 04/28/28 (Call 01/28/28)^(a)	EUR		100		93,902
2.38%, 11/27/25 (Call 08/27/25)^(a)	EUR		300		305,642
Nationale-Nederlanden Bank NV Netherlands (The)
0.05%, 09/24/35^(a)	EUR		300		204,979
0.63%, 09/11/25^(a)	EUR		500		499,787
1.00%, 09/25/28^(a)	EUR		200		188,093
Nederlandse Gasunie NV, 1.38%, 10/16/28 (Call 07/16/28)^(a)	EUR		400		377,680
Nederlandse Waterschapsbank NV
0.25%, 01/19/32^(a)	EUR		400		328,284
0.50%, 04/29/30^(a)	EUR		500		442,353
0.63%, 02/06/29^(a)	EUR		200		184,421
1.00%, 09/03/25^(a)	EUR		400		404,578
1.00%, 03/01/28^(a)	EUR		600		577,096
1.25%, 06/07/32^(a)	EUR		100		88,684
1.50%, 06/15/39^(a)	EUR		200		155,722
1.63%, 01/29/48^(a)	EUR		200		139,972
3.45%, 07/17/28^(a)	AUD		300		175,958
NIBC Bank NV
0.13%, 11/25/30^(a)	EUR		400		332,514
0.13%, 04/21/31^(a)	EUR		100		81,854
1.00%, 09/11/28^(a)	EUR		200		187,862
NN Group NV
4.63%, 01/13/48 (Call 01/13/28), (3-mo. EURIBOR + 4.950%)^(a)(b)	EUR		200		201,372
5.25%, 03/01/43 (Call 08/30/32), (3-mo. EURIBOR + 4.200%)^(a)(b)	EUR		200		197,109
6.00%, 11/03/43 (Call 05/03/33), (3-mo. EURIBOR + 4.000%)^(a)(b)	EUR		100		102,726
PostNL NV, 0.63%, 09/23/26 (Call 06/23/26)	EUR		200		192,380
Royal Schiphol Group NV
1.50%, 11/05/30 (Call 08/05/30)^(a)	EUR		500		448,274
2.00%, 04/06/29 (Call 01/06/29)^(a)	EUR		550		527,317
Shell International Finance BV
0.13%, 11/08/27^(a)	EUR		300		275,809
0.88%, 08/21/28^(a)	CHF		125		132,101
0.88%, 11/08/39^(a)	EUR		300		188,681
1.25%, 05/12/28^(a)	EUR		420		398,226
1.25%, 11/11/32^(a)	EUR		300		251,354
1.88%, 09/15/25^(a)	EUR		610		623,724
1.88%, 04/07/32^(a)	EUR		360		323,518
Stedin Holding NV, 1.38%, 09/19/28 (Call 06/19/28)^(a)	EUR		500		469,577
TenneT Holding BV
0.88%, 06/16/35 (Call 03/16/35)^(a)	EUR		650		557,033
1.00%, 06/13/26 (Call 03/13/26)^(a)	EUR		200		201,181
1.38%, 06/26/29 (Call 03/26/29)^(a)	EUR		550		531,659
1.50%, 06/03/39 (Call 03/03/39)^(a)	EUR		594		520,805
2.00%, 06/05/34 (Call 03/05/34)^(a)	EUR		650		595,591
2.75%, 05/17/42 (Call 12/17/41)^(a)	EUR		400		365,660
Universal Music Group NV, 4.00%, 06/13/31^(a)	EUR		200		206,298
Van Lanschot Kempen Wealth Management NV, 0.88%, 02/15/27^(a)	EUR		200		193,899
Vesteda Finance BV, 2.00%, 07/10/26 (Call 04/10/26)^(a)	EUR		450		447,591
Viterra Finance BV, 1.00%, 09/24/28 (Call 06/24/28)^(a)	EUR		300		267,906


Security		Par (000)		Value

Netherlands (continued)
Wolters Kluwer NV
0.75%, 07/03/30 (Call 04/03/30)^(a)	EUR		250	$	215,465
1.50%, 03/22/27 (Call 12/22/26)^(a)	EUR		200		195,732


					49,696,566

New Zealand — 0.1%
ANZ New Zealand Int’l Ltd./London, 0.38%, 09/17/29^(a)	EUR		100		85,792
ASB Bank Ltd.
0.63%, 10/18/24^(a)	EUR		200		204,745
0.75%, 03/13/24^(a)	EUR		300		313,534
4.50%, 03/16/27^(a)	EUR		300		319,436
Bank of New Zealand, 0.00%, 06/15/28^(a)	EUR		400		356,143
BNZ International Funding Ltd/London, 0.63%, 07/03/25^(a)	EUR		200		200,464
Westpac Sec NZ/London Covered, 0.00%, 06/08/28^(a)	EUR		200		178,080
Westpac Securities NZ Ltd./London
0.38%, 02/05/24^(a)	CHF		150		164,199
0.43%, 12/14/26^(a)	EUR		400		376,624
0.50%, 01/17/24^(a)	EUR		200		210,102


					2,409,119

Norway — 0.3%
Avinor AS, 1.00%, 04/29/25 (Call 01/29/25)^(a)	EUR		450		454,495
DNB Bank ASA
0.38%, 01/18/28 (Call 01/18/27), (3-mo. EURIBOR + 0.320%)^(a)(b)	EUR		600		564,252
2.63%, 06/10/26 (Call 06/10/25)^(a)(b)	GBP		550		633,631
3.63%, 02/16/27 (Call 02/16/26), (3-mo. EURIBOR + 0.630%)^(a)(b)	EUR		389		405,826
4.00%, 03/14/29 (Call 03/14/28), (3-mo. EURIBOR + 0.650%)^(a)(b)	EUR		100		105,333
4.50%, 07/19/28 (Call 07/19/27), (3-mo. EURIBOR + 1.000%)^(a)(b)	EUR		500		531,230
4.63%, 02/28/33 (Call 11/28/27)^(a)(b)	EUR		100		103,584
DNB Boligkreditt AS
0.00%, 10/08/27^(a)	EUR		200		184,513
0.00%, 05/12/28^(a)	EUR		500		451,372
0.25%, 09/07/26^(a)	EUR		400		385,671
0.38%, 11/20/24^(a)	EUR		100		102,015
0.63%, 01/14/26^(a)	EUR		400		396,488
Eika Boligkreditt AS
0.00%, 03/12/27	EUR		200		188,141
0.00%, 03/23/28^(a)	EUR		500		454,861
0.50%, 08/28/25^(a)	EUR		200		199,799
Equinor ASA
0.75%, 05/22/26 (Call 03/22/26)^(a)	EUR		450		441,965
1.38%, 05/22/32 (Call 02/22/32)^(a)	EUR		500		433,251
1.63%, 11/09/36 (Call 08/09/36)^(a)	EUR		200		158,393
4.25%, 04/10/41^(a)	GBP		290		296,080
6.88%, 03/11/31^(a)	GBP		300		394,198
Santander Consumer Bank AS, 0.13%, 02/25/25^(a)	EUR		300		300,237
Sparebank 1 Boligkreditt, 0.05%, 11/03/28^(a)	EUR		500		443,673
SpareBank 1 Boligkreditt AS
0.13%, 05/14/26^(a)	EUR		200		193,741
0.13%, 11/05/29^(a)	EUR		300		257,649
0.13%, 05/12/31^(a)	EUR		450		364,824
0.25%, 08/30/26^(a)	EUR		200		192,661
0.50%, 01/30/25^(a)	EUR		350		355,400
1.00%, 01/30/29^(a)	EUR		500		463,416


Security		Par (000)		Value

Norway (continued)
1.75%, 12/18/23^(a)	GBP		200	$	241,869
SpareBank 1 Oestlandet, 0.25%, 09/30/24^(a)	EUR		250		254,962
SpareBank 1 SMN, 0.00%, 02/18/28^(a)	EUR		300		267,255
SpareBank 1 SR-Bank ASA, 0.38%, 07/15/27 (Call 07/15/26), (3-mo. EURIBOR + 0.750%)^(a)(b)	EUR		400		376,588
Sparebanken Soer Boligkreditt AS, 0.50%, 02/06/26^(a)	EUR		200		197,307
Sparebanken Vest Boligkreditt AS
0.00%, 11/24/25^(a)	EUR		500		491,497
0.50%, 02/12/26^(a)	EUR		400		394,538
SR-Boligkreditt AS
0.00%, 10/08/26	EUR		100		95,630
0.00%, 09/08/28^(a)	EUR		350		312,439
0.75%, 10/17/25^(a)	EUR		300		300,273
1.63%, 03/15/28^(a)	EUR		500		488,340
Statkraft AS, 1.50%, 03/26/30 (Call 12/26/29)^(a)	EUR		550		508,036
Storebrand Livsforsikring AS, 1.88%, 09/30/51 (Call 03/31/31), (6-mo. EURIBOR + 2.950%)^(a)(b)	EUR		100		77,084
Telenor ASA
0.25%, 02/14/28 (Call 11/14/27)^(a)	EUR		500		456,195
0.88%, 02/14/35 (Call 11/14/34)^(a)	EUR		496		369,234
2.63%, 12/06/24^(a)	EUR		340		353,898
4.00%, 10/03/30^(a)	EUR		300		319,120


					14,960,964

Poland — 0.0%
PKO Bank Hipoteczny SA, 0.75%, 08/27/24^(a)	EUR		100		102,918


Portugal — 0.1%
Banco Santander Totta SA
0.88%, 04/25/24^(a)	EUR		200		208,379
1.25%, 09/26/27^(a)	EUR		300		291,066
3.38%, 04/19/28^(a)	EUR		200		208,469
Caixa Economica Montepio Geral Caixa
Economica Bancaria SA, 0.13%, 11/14/24^(a)	EUR		200		203,270
Cia. de Seguros Fidelidade SA, 4.25%, 09/04/31 (Call 09/04/26)^(a)(b)	EUR		200		181,448
EDP Finance BV
0.38%, 09/16/26 (Call 06/16/26)^(a)	EUR		602		575,849
1.88%, 10/13/25^(a)	EUR		200		203,700
1.88%, 09/21/29 (Call 06/21/29)^(a)	EUR		200		186,448
EDP Servicios Financieros Espana SA, 4.38%, 04/04/32^(a)	EUR		300		315,209
Ren Finance BV
0.50%, 04/16/29 (Call 01/16/29)^(a)	EUR		200		176,177
1.75%, 01/18/28 (Call 10/18/27)^(a)	EUR		100		96,776


					2,646,791

Romania — 0.0%
NE Property BV, 3.38%, 07/14/27 (Call 04/14/27)^(a)	EUR		225		214,359


Singapore — 0.0%
DBS Bank Ltd., 0.38%, 11/21/24^(a)	EUR		400		407,631
Temasek Financial I Ltd.
0.50%, 11/20/31 (Call 08/20/31)^(a)	EUR		450		367,559
3.50%, 02/15/33 (Call 11/15/32)^(a)	EUR		250		255,316
United Overseas Bank Ltd.
0.00%, 12/01/27^(a)	EUR		225		205,452
0.50%, 01/16/25^(a)	EUR		230		233,481


					1,469,439


Security		Par (000)		Value

Slovakia — 0.0%
Slovenska Sporitelna AS, 0.13%, 06/12/26^(a)	EUR		200	$	192,188
Vseobecna Uverova Banka AS
0.00%, 06/23/25^(a)	EUR		300		297,026
3.50%, 10/13/26^(a)	EUR		300		313,647


					802,861

South Africa — 0.0%
Anglo American Capital PLC
1.63%, 09/18/25^(a)	EUR		300		302,948
4.75%, 09/21/32 (Call 06/21/32)^(a)	EUR		500		516,577


					819,525

South Korea — 0.0%
Kookmin Bank, 0.05%, 07/15/25^(a)	EUR		100		99,052
Shinhan Bank Co. Ltd., 0.25%, 10/16/24^(a)	EUR		450		457,616


					556,668

Spain — 0.8%
Abanca Corp. Bancaria SA, 5.88%, 04/02/30 (Call 04/02/29)^(a)(b)	EUR		300		312,822
Abertis Infraestructuras SA
1.00%, 02/27/27^(a)	EUR		300		289,775
1.25%, 02/07/28 (Call 11/06/27)^(a)	EUR		200		186,059
1.63%, 07/15/29 (Call 04/15/29)^(a)	EUR		300		272,345
1.88%, 03/26/32 (Call 12/26/31)^(a)	EUR		100		84,907
2.25%, 03/29/29 (Call 12/29/28)^(a)	EUR		400		376,677
2.38%, 09/27/27 (Call 06/27/27)^(a)	EUR		200		198,916
3.00%, 03/27/31 (Call 12/27/30)^(a)	EUR		200		188,810
Acciona Energia Financiacion Filiales SA, 5.13%, 04/23/31^(a)	EUR		200		210,970
Aena SME SA, 4.25%, 10/13/30^(a)	EUR		100		106,524
Amadeus IT Group SA, 2.50%, 05/20/24 (Call 02/20/24)^(a)	EUR		200		209,691
AyT Cedulas Cajas X Fondo de Titulizacion de Activos, Series X, 3.75%, 06/30/25	EUR		700		736,925
Banco Bilbao Vizcaya Argentaria SA
0.38%, 11/15/26^(a)	EUR		600		570,791
0.88%, 11/22/26^(a)	EUR		500		488,314
0.88%, 01/14/29 (Call 01/14/28), (3-mo. EURIBOR + 0.820%)^(a)(b)	EUR		600		546,377
1.75%, 11/26/25^(a)	EUR		600		606,324
3.50%, 02/10/27^(a)	EUR		500		513,194
4.13%, 05/10/26, (3-mo. EURIBOR + 0.670%)^(a)(b)	EUR		400		422,127
Banco de Sabadell SA
0.13%, 02/10/28^(a)	EUR		400		364,603
0.63%, 11/07/25 (Call 11/07/24)^(a)(b)	EUR		500		508,124
1.00%, 04/26/27^(a)	EUR		400		386,413
Banco Santander SA
0.10%, 02/27/32	EUR		300		233,875
0.13%, 06/04/30^(a)	EUR		500		417,172
0.25%, 07/10/29^(a)	EUR		200		174,304
0.30%, 10/04/26^(a)	EUR		500		478,051
0.50%, 03/24/27 (Call 03/24/26), (3-mo. EURIBOR + 0.850%)^(a)(b)	EUR		600		575,911
0.63%, 06/24/29 (Call 06/24/28)^(a)(b)	EUR		700		620,116
0.88%, 05/09/31^(a)	EUR		600		513,870
1.00%, 04/07/25^(a)	EUR		400		406,472
1.13%, 11/27/24^(a)	EUR		200		205,435
1.13%, 10/25/28^(a)	EUR		400		375,440
1.50%, 01/25/26^(a)	EUR		400		403,253
1.63%, 10/22/30^(a)	EUR		500		415,855
2.00%, 11/27/34^(a)	EUR		100		87,562


Security		Par (000)		Value

Spain (continued)
2.13%, 02/08/28^(a)	EUR		400	$	380,950
2.38%, 09/08/27^(a)	EUR		500		505,786
2.50%, 03/18/25^(a)	EUR		500		514,749
3.75%, 01/16/26^(a)	EUR		400		419,531
3.88%, 01/16/28^(a)	EUR		200		209,412
4.25%, 06/12/30^(a)	EUR		400		421,530
4.75%, 08/30/28 (Call 08/30/27)^(a)(b)	GBP		500		578,396
Bankinter SA
0.63%, 10/06/27^(a)	EUR		400		367,934
1.00%, 02/05/25^(a)	EUR		200		203,633
1.25%, 12/23/32 (Call 06/23/27)^(a)(b)	EUR		200		177,146
3.05%, 05/29/28^(a)	EUR		300		308,680
CaixaBank SA
0.75%, 07/09/26^(a)	EUR		200		193,596
0.75%, 07/10/26 (Call 07/10/25), (3-mo. EURIBOR + 1.170%)^(a)(b)	EUR		300		299,296
0.75%, 05/26/28 (Call 05/26/27), (3-mo. EURIBOR + 1.000%)^(a)(b)	EUR		600		553,897
1.00%, 06/25/24^(a)	EUR		200		207,437
1.00%, 09/25/25^(a)	EUR		200		200,765
1.00%, 01/17/28^(a)	EUR		200		190,408
1.13%, 03/27/26^(a)	EUR		900		886,487
1.25%, 01/11/27^(a)	EUR		400		392,431
1.25%, 06/18/31 (Call 03/18/26)^(a)(b)	EUR		300		284,396
1.50%, 12/03/26 (Call 12/03/25)^(a)(b)	GBP		400		437,951
2.63%, 03/21/24	EUR		200		210,421
4.00%, 02/03/25	EUR		300		317,234
4.13%, 03/24/36	EUR		300		320,291
4.25%, 09/06/30^(a)	EUR		600		627,094
6.13%, 05/30/34 (Call 11/30/28)^(a)(b)	EUR		400		418,383
6.25%, 02/23/33 (Call 11/23/27)^(a)(b)	EUR		100		106,100
Canal de Isabel II Gestion SA, 1.68%, 02/26/25^(a)	EUR		200		204,823
Cedulas TDA 6 Fond de Titulizacion de Activos, 3.88%, 05/23/25	EUR		400		422,249
Enagas Financiaciones SA
0.75%, 10/27/26 (Call 07/27/26)^(a)	EUR		100		97,171
1.38%, 05/05/28^(a)	EUR		400		386,396
FCC Aqualia SA, 2.63%, 06/08/27 (Call 03/08/27)^(a)	EUR		250		249,383
FCC Servicios Medio Ambiente Holding SA, 1.66%, 12/04/26 (Call 09/23/26)^(a)	EUR		100		97,405
Ferrovial Emisiones SA
1.38%, 03/31/25^(a)	EUR		200		203,703
2.50%, 07/15/24^(a)	EUR		200		209,170
Iberdrola Finanzas SA
1.00%, 03/07/24 (Call 12/07/23)^(a)	EUR		200		209,410
1.00%, 03/07/25 (Call 12/07/24)^(a)	EUR		500		508,760
1.38%, 03/11/32 (Call 12/11/31)^(a)	EUR		200		175,133
1.58%, (Call 08/16/27)^(a)(b)(c)	EUR		500		446,687
1.62%, 11/29/29 (Call 05/30/29)^(a)	EUR		200		190,702
3.63%, 07/13/33^(a)	EUR		600		607,954
Iberdrola International BV
3.25%, 11/12/24 (Call 11/12/24)^(a)(b)	EUR		400		412,202
Series NC8, 2.25%, (Call 01/28/29)^(a)(b)(c)	EUR		300		261,086
Series NC9, 1.83%, (Call 08/09/29)^(a)(b)(c)	EUR		200		165,626
Inmobiliaria Colonial SOCIMI SA
1.35%, 10/14/28 (Call 07/14/28)^(a)	EUR		100		91,489
2.00%, 04/17/26^(a)	EUR		300		301,255
Liberbank SA, 0.25%, 09/25/29^(a)	EUR		300		257,760


Security		Par (000)		Value

Spain (continued)
Mapfre SA
1.63%, 05/19/26^(a)	EUR		100	$	101,528
4.38%, 03/31/47 (Call 03/31/27), (3-mo. EURIBOR + 4.543%)^(a)(b)	EUR		300		302,469
Merlin Properties SOCIMI SA
1.75%, 05/26/25 (Call 02/26/25)^(a)	EUR		105		106,465
1.88%, 11/02/26 (Call 08/02/26)^(a)	EUR		325		321,303
1.88%, 12/04/34 (Call 09/04/34)^(a)	EUR		200		146,921
Naturgy Finance BV
1.25%, 04/19/26 (Call 01/19/26)^(a)	EUR		500		496,363
1.50%, 01/29/28 (Call 10/29/27)^(a)	EUR		300		288,579
NorteGas Energia Distribucion SAU, 2.07%, 09/28/27 (Call 06/28/27)^(a)	EUR		200		192,067
Programa Cedulas TDA Fondo de Titulizacion de Activos
4.25%, 03/28/27	EUR		200		215,592
Series A6, 4.25%, 04/10/31	EUR		600		656,783
Red Electrica Financiaciones SAU, 1.00%, 04/21/26^(a)	EUR		200		198,617
Redeia Corp. SA, 0.88%, 04/14/25 (Call 01/14/25)^(a)	EUR		300		303,554
Repsol Europe Finance Sarl, 0.88%, 07/06/33 (Call 01/06/33)^(a)	EUR		500		388,214
Repsol International Finance BV
0.13%, 10/05/24 (Call 07/05/24)^(a)	EUR		400		407,973
0.25%, 08/02/27 (Call 05/02/27)^(a)	EUR		900		832,924
Santander Consumer Finance SA
0.38%, 06/27/24^(a)	EUR		500		516,577
0.50%, 01/14/27^(a)	EUR		400		376,216
Telefonica Emisiones SA
1.20%, 08/21/27 (Call 05/21/27)^(a)	EUR		200		191,998
1.53%, 01/17/25^(a)	EUR		200		205,455
1.79%, 03/12/29 (Call 12/12/28)^(a)	EUR		200		190,957
1.81%, 05/21/32 (Call 11/21/31)^(a)	EUR		500		441,234
1.96%, 07/01/39 (Call 01/01/39)^(a)	EUR		125		93,167
2.32%, 10/17/28^(a)	EUR		100		98,380
2.93%, 10/17/29^(a)	EUR		300		300,834
Telefonica Emisiones SAU
1.46%, 04/13/26^(a)	EUR		300		300,502
1.72%, 01/12/28^(a)	EUR		500		485,255


					35,880,229

Supranational — 0.4%
Asian Development Bank
1.40%, 02/06/37	EUR		200		161,983
4.50%, 06/20/30	AUD		1,160		695,455
Council of Europe
0.00%, 01/20/31^(a)	EUR		700		586,141
0.38%, 12/15/25^(a)	GBP		300		330,582
Council of Europe Development Bank
0.38%, 03/27/25^(a)	EUR		300		303,444
0.75%, 01/24/28^(a)	EUR		200		191,389
2.88%, 04/13/30^(a)	EUR		1,000		1,034,281
European Financial Stability Facility
0.88%, 09/05/28^(a)	EUR		700		663,500
3.00%, 12/15/28^(a)	EUR		2,100		2,196,568
3.38%, 08/30/38^(a)	EUR		1,000		1,001,126
European Investment Bank
2.75%, 07/30/30^(a)	EUR		1,000		1,024,501
3.00%, 11/15/28^(a)	EUR		1,500		1,571,595
3.00%, 07/15/33^(a)	EUR		500		509,985
3.88%, 04/12/28^(a)	GBP		100		117,638


Security		Par (000)		Value

Supranational (continued)
4.88%, 12/16/30^(a)	GBP		500	$	613,669
European Stability Mechanism
3.00%, 03/15/28^(a)	EUR		500		525,244
3.00%, 08/23/33^(a)	EUR		1,000		1,019,716
European Union, 3.38%, 10/04/38^(a)	EUR		2,556		2,542,479
Inter-American Development Bank
0.50%, 09/15/26	GBP		300		321,643
4.00%, 12/17/29	GBP		200		233,504
International Bank for Reconstruction & Development
0.00%, 01/15/27	EUR		500		478,276
0.00%, 04/24/28	EUR		300		275,541
0.10%, 09/17/35	EUR		400		282,442
1.20%, 08/08/34	EUR		1,000		841,931
3.10%, 04/14/38	EUR		300		295,491
3.45%, 09/13/38	EUR		850		867,440
4.88%, 08/15/30	GBP		500		613,127
Nordic Investment Bank, 2.50%, 01/30/30^(a)	EUR		300		304,634


					19,603,325

Sweden — 0.8%
Akelius Residential Property AB, 2.38%, 08/15/25 (Call 05/15/25)^(a)	GBP		100		112,254
Akelius Residential Property Financing BV
0.75%, 02/22/30 (Call 11/22/29)^(a)	EUR		200		155,105
1.00%, 01/17/28 (Call 10/17/27)^(a)	EUR		300		261,705
Alfa Laval Treasury Internationl Co., 1.38%, 02/18/29 (Call 11/18/28)^(a)	EUR		200		185,194
Atlas Copco AB, 0.63%, 08/30/26 (Call 05/30/26)^(a)	EUR		100		97,157
Balder Finland OYJ
1.00%, 01/20/29 (Call 10/20/28)^(a)	EUR		100		71,083
2.00%, 01/18/31 (Call 10/18/30)^(a)	EUR		200		134,775
Castellum Helsinki Finance Holding Abp, 0.88%, 09/17/29 (Call 06/17/29)^(a)	EUR		300		226,358
Danske Hypotek AB, Series 2512, 1.00%, 12/17/25^(a)	SEK		6,000		505,190
EQT AB, 2.88%, 04/06/32 (Call 01/06/32)^(a)	EUR		300		255,934
Essity AB, 0.25%, 02/08/31 (Call 11/08/30)^(a)	EUR		300		264,503
Fastighets AB Balder
1.13%, 01/29/27 (Call 10/29/26)^(a)	EUR		250		209,948
1.25%, 01/28/28 (Call 10/28/27)^(a)	EUR		100		79,026
H&M Finance BV, 0.25%, 08/25/29 (Call 05/25/29)^(a)	EUR		150		125,670
Heimstaden Bostad Treasury BV
1.00%, 04/13/28 (Call 01/13/28)^(a)	EUR		100		75,923
1.38%, 03/03/27 (Call 12/03/26)	EUR		300		250,792
1.63%, 10/13/31 (Call 07/13/31)^(a)	EUR		300		188,087
Hemso Treasury OYJ, 0.00%, 01/19/28 (Call 10/19/27)^(a)	EUR		117		101,464
Investor AB
1.50%, 09/12/30 (Call 06/12/30)^(a)	EUR		200		182,400
1.50%, 06/20/39 (Call 03/20/39)^(a)	EUR		200		142,469
Lansforsakringar Hypotek AB
0.00%, 09/27/28^(a)	EUR		500		445,205
0.50%, 09/20/28^(a)	SEK		6,000		456,038
0.63%, 03/27/25^(a)	EUR		200		202,380
3.00%, 09/19/29^(a)	SEK		18,000		1,528,211
Series 519, 1.50%, 09/16/26^(a)	SEK		6,000		502,680
Nordea Hypotek AB
0.50%, 09/16/26^(a)	SEK		4,000		325,555
1.00%, 09/17/25^(a)	SEK		10,000		847,412


Security		Par (000)		Value

Sweden (continued)
3.50%, 09/20/28^(a)	SEK		4,000	$	350,958
Series 5537, 1.00%, Series 5537, 06/16/27^(a).	SEK		18,000		1,456,055
Sagax Euro Mtn NL BV, 0.75%, 01/26/28 (Call 10/26/27)^(a)	EUR		300		256,647
Sandvik AB, 0.38%, 11/25/28 (Call 08/25/28)^(a)	EUR		300		266,062
SBAB Bank AB, 0.50%, 05/13/25^(a)	EUR		600		601,736
Skandinaviska Enskilda, 0.38%, 06/21/28^(a)	EUR		400		354,667
Skandinaviska Enskilda Banken AB
0.38%, 02/09/26^(a)	EUR		600		589,943
0.63%, 11/12/29^(a)	EUR		400		340,325
0.75%, 06/28/27^(a)	EUR		500		479,102
1.00%, 12/19/29^(a)	SEK		4,000		300,396
1.75%, 11/11/26^(a)	EUR		600		594,489
3.00%, 11/06/28^(a)	SEK		2,000		171,348
3.25%, 05/04/28^(a)	EUR		400		417,941
4.00%, 11/09/26^(a)	EUR		400		420,411
Series 579, 1.00%, 12/18/24^(a)	SEK		8,000		691,425
Series 580, 1.00%, 12/17/25^(a)	SEK		4,000		336,728
Series 581, 0.50%, Series 581, 12/16/26^(a)	SEK		4,000		322,899
SKF AB, 0.25%, 02/15/31 (Call 11/15/30)^(a)	EUR		100		78,887
Stadshypotek AB
0.00%, 11/24/28^(a)	EUR		400		354,043
0.00%, 09/30/30^(a)	EUR		400		329,297
0.13%, 10/05/26^(a)	EUR		200		191,670
0.38%, 12/06/24^(a)	EUR		200		203,745
0.50%, 07/11/25^(a)	EUR		300		300,842
1.50%, 03/01/24^(a)	SEK		16,000		1,421,332
2.50%, 12/01/27^(a)	SEK		8,000		678,453
3.63%, 06/20/28^(a)	SEK		4,000		353,947
Series 1589, 1.50%, 12/03/24^(a)	SEK		6,000		522,072
Series 1590, 1.00%, 09/03/25^(a)	SEK		2,000		169,685
Series 1591, 0.50%, 06/01/26^(a)	SEK		10,000		821,632
Series 1592, 1.00%, 03/01/27^(a)	SEK		14,000		1,142,158
Series 1594, 2.00%, 09/01/28^(a)	SEK		10,000		819,925
Svenska Handelsbanken AB
0.05%, 09/06/28^(a)	EUR		300		262,723
1.00%, 04/15/25^(a)	EUR		500		507,116
1.38%, 02/23/29^(a)	EUR		550		505,109
2.63%, 09/05/29^(a)	EUR		400		392,247
3.25%, 06/01/33 (Call 06/01/28)^(a)(b)	EUR		100		97,782
3.38%, 02/17/28^(a)	EUR		350		360,525
Sveriges Sakerstallda Obligationer AB
0.00%, 03/14/30^(a)	EUR		1,000		841,134
0.38%, 06/05/29^(a)	EUR		100		88,386
0.50%, 01/29/25^(a)	EUR		200		202,982
0.88%, 03/29/27^(a)	EUR		300		290,144
2.00%, 06/17/26^(a)	SEK		5,000		426,630
Series 148, 0.25%, 06/09/27^(a)	SEK		8,000		629,884
Swedbank AB
0.30%, 05/20/27 (Call 05/20/26)^(a)(b)	EUR		450		428,561
1.38%, 12/08/27 (Call 12/08/26)^(a)(b)	GBP		100		105,178
2.10%, 05/25/27^(a)	EUR		500		493,620
4.25%, 07/11/28^(a)	EUR		1,000		1,046,234
Swedbank Hypotek AB
0.50%, 02/05/26^(a)	EUR		500		493,197
1.00%, 06/18/25^(a)	SEK		8,600		733,570
1.00%, 03/18/26^(a)	SEK		4,000		334,709
1.00%, 03/17/27^(a)	SEK		2,000		162,958
1.38%, 05/31/27^(a)	EUR		400		392,724
3.00%, 03/15/28^(a)	SEK		2,000		172,540
3.13%, 07/05/28^(a)	EUR		250		259,429


Security		Par (000)		Value

Sweden (continued)
Series 194, 1.00%, 09/18/24^(a)	SEK		7,000	$	609,484
Tele2 AB, 2.13%, 05/15/28 (Call 02/15/28)^(a)	EUR		225		218,717
Telefonaktiebolaget LM Ericsson, 1.13%, 02/08/27 (Call 11/08/26)^(a)	EUR		300		280,437
Telia Co. AB
1.38%, 05/11/81 (Call 02/11/26)^(a)(b)	EUR		100		94,830
2.13%, 02/20/34 (Call 11/20/33)^(a)	EUR		400		350,263
2.75%, 06/30/83 (Call 03/31/28)^(a)(b)	EUR		300		278,259
Vattenfall AB
0.13%, 02/12/29 (Call 11/12/28)^(a)	EUR		300		262,403
6.88%, 04/15/39^(a)	GBP		360		466,407
Volvo Treasury AB
1.63%, 09/18/25 (Call 08/18/25)^(a)	EUR		500		506,456
2.00%, 08/19/27 (Call 05/19/27)^(a)	EUR		300		296,498


					35,862,474

Switzerland — 0.8%
Adecco International Financial Services BV
1.00%, 03/21/82 (Call 12/21/26)^(a)(b)	EUR		200		168,199
1.25%, 11/20/29 (Call 08/20/29)^(a)	EUR		225		202,087
Argentum Netherlands BV for Givaudan SA
1.13%, 09/17/25 (Call 06/17/25)^(a)	EUR		300		300,943
2.00%, 09/17/30 (Call 06/17/30)^(a)	EUR		200		186,430
Argentum Netherlands BV for Zurich Insurance Co. Ltd.
2.75%, 02/19/49 (Call 02/19/29), (3-mo. EURIBOR + 3.200%)^(a)(b)	EUR		100		93,189
3.50%, 10/01/46 (Call 10/01/26), (3-mo. EURIBOR + 3.950%)^(a)(b)	EUR		200		201,662
Cloverie PLC for Zurich Insurance Co. Ltd.,
1.50%, 12/15/28 (Call 09/15/28)^(a)	EUR		250		236,789
Credit Suisse AG
0.25%, 01/05/26^(a)	EUR		400		386,356
5.50%, 08/20/26^(a)	EUR		500		543,095
Credit Suisse Group AG
0.63%, 01/18/33^(a)	EUR		300		215,658
0.65%, 01/14/28 (Call 01/14/27)^(a)(b)	EUR		550		509,171
1.00%, 06/24/27 (Call 06/24/26)^(a)(b)	EUR		880		842,257
2.13%, 11/15/29 (Call 11/15/28)^(a)(b)	GBP		200		198,203
2.88%, 04/02/32 (Call 04/02/31)^(a)(b)	EUR		200		183,454
7.00%, 09/30/27 (Call 09/30/26)^(a)(b)	GBP		500		611,703
7.75%, 03/01/29 (Call 03/01/28)^(a)(b)	EUR		300		351,827
Credit Suisse Schweiz AG, 0.00%, 10/31/30^(a)	CHF		460		439,726
ELM BV for Swiss Life Insurance & Pension Group, 4.50%, (Call 05/19/27), (3-mo. EURIBOR + 5.100%)^(a)(b)(c)	EUR		200		202,150
Firmenich Productions Participations SAS, 1.75%, 04/30/30 (Call 01/30/30)^(a)	EUR		200		184,181
Helvetia Europe SA, 2.75%, 09/30/41 (Call 06/30/31)^(a)(b)	EUR		100		84,880
Holcim Finance Luxembourg SA
0.50%, 09/03/30 (Call 06/03/30)^(a)	EUR		200		162,728
0.50%, 04/23/31 (Call 01/23/31)^(a)	EUR		350		278,978
0.63%, 04/06/30 (Call 01/06/30)^(a)	EUR		250		209,254
2.25%, 05/26/28 (Call 02/26/28)^(a)	EUR		300		294,160
Lunar Funding V for Swisscom AG, 1.13%, 10/12/26^(a)	EUR		610		598,634
Novartis Finance SA
0.63%, 09/20/28^(a)	EUR		100		93,287
1.38%, 08/14/30 (Call 05/14/30)^(a)	EUR		520		480,924


Security		Par (000)		Value

Switzerland (continued)
Pfandbriefbank schweizerischer
Hypothekarinstitute AG
0.00%, 02/25/28^(a)	CHF		500	$	514,525
0.00%, 02/26/30^(a)	CHF		1,900		1,884,982
0.00%, 05/10/45^(a)	CHF		1,550		1,154,118
0.00%, 08/26/49^(a)	CHF		600		415,699
0.13%, 09/23/32^(a)	CHF		200		190,708
0.25%, 10/06/42^(a)	CHF		400		330,814
2.00%, 03/03/33^(a)	CHF		100		112,328
2.00%, 04/02/38^(a)	CHF		400		451,824
Series 640, 0.38%, 09/23/43^(a)	CHF		200		167,476
Series 670, 0.00%, 07/29/24^(a)	CHF		500		542,371
Series 675, 0.00%, 06/15/27^(a)	CHF		2,400		2,496,514
Series 682, 0.00%, 04/06/27^(a)	CHF		1,000		1,043,727
Series 691, 0.25%, 03/15/41^(a)	CHF		200		169,034
Series 695, 0.00%, 10/26/29^(a)	CHF		800		799,807
Series 696, 0.13%, 11/19/32^(a)	CHF		500		475,636
Series 697, 0.00%, 05/20/41^(a)	CHF		1,500		1,202,733
Series 700, 0.13%, 03/19/31^(a)	CHF		300		294,395
Pfandbriefzentrale der schweizerischen Kantonalbanken AG
0.00%, 03/13/28^(a)	CHF		300		308,265
1.85%, 11/26/38^(a)	CHF		500		554,578
Series 482, 0.00%, 06/14/24^(a)	CHF		1,600		1,739,172
Series 483, 0.00%, 01/27/27^(a)	CHF		2,500		2,616,003
Series 515, 0.10%, 12/03/31^(a)	CHF		500		482,737
Series 519, 0.13%, 04/23/32^(a)	CHF		400		384,572
Series 526, 0.00%, 07/19/30^(a)	CHF		1,000		984,546
Series 528, 0.00%, 03/15/30^(a)	CHF		1,200		1,189,236
Series 529, 0.00%, 02/05/29^(a)	CHF		500		505,893
Series 530, 0.00%, 03/18/33^(a)	CHF		2,200		2,053,798
Series 531, 0.00%, 02/15/36^(a)	CHF		700		614,918
Richemont International Holding SA
1.13%, 05/26/32 (Call 02/26/32)^(a)	EUR		300		256,003
1.50%, 03/26/30 (Call 12/26/29)^(a)	EUR		710		656,458
Sika Capital BV
1.50%, 04/29/31 (Call 01/29/31)^(a)	EUR		200		177,127
3.75%, 05/03/30 (Call 02/03/30)^(a)	EUR		250		259,082
Swiss Re Finance Luxembourg SA, 2.53%, 04/30/50 (Call 04/30/30)^(a)(b)	EUR		100		91,425
Syngenta Finance NV, 3.38%, 04/16/26 (Call 01/16/26)^(a)	EUR		550		564,001
UBS AG/London
0.00%, 03/31/26^(a)	EUR		200		191,131
0.50%, 03/31/31^(a)	EUR		700		555,877
UBS Group AG
0.25%, 01/29/26 (Call 01/29/25)^(a)(b)	EUR		570		568,284
0.25%, 11/03/26 (Call 11/03/25)^(a)(b)	EUR		500		482,032
0.25%, 11/05/28 (Call 11/05/27)^(a)(b)	EUR		600		530,692
0.63%, 02/24/33^(a)	EUR		200		146,365
1.88%, 11/03/29 (Call 11/03/28), (1-day SONIA + 0.960%)^(a)(b)	GBP		200		196,302
2.75%, 06/15/27 (Call 06/15/26)^(a)(b)	EUR		400		401,939
Zuercher Kantonalbank
0.00%, 05/15/26^(a)	EUR		100		96,442
0.05%, 02/05/31^(a)	CHF		500		487,334
4.16%, 06/08/29^(a)(b)	EUR		400		419,882
Zurich Finance Ireland DAC, 5.13%, 11/23/52 (Call 08/23/32)^(a)(b)	GBP		300		318,911


Security		Par (000)		Value

Switzerland (continued)
Zurich Finance Ireland Designated Activity Co., 1.63%, 06/17/39 (Call 03/17/39)^(a)	EUR		100	$	74,034


					38,413,655

United Arab Emirates — 0.0%
DP World Ltd./United Arab Emirates, 4.25%, 09/25/30^(a)	GBP		250		262,526
Emirates Telecommunications Group Co. PJSC, 2.75%, 06/18/26^(a)	EUR		600		610,415
First Abu Dhabi Bank PJSC, 0.13%, 02/16/26^(a)	EUR		600		572,748
MDGH-GMTN BV, 6.88%, 03/14/26^(a)	GBP		100		123,461


					1,569,150

United Kingdom — 1.8%
3i Group PLC, 3.75%, 06/05/40 (Call 03/05/40)^(a)	GBP		200		169,459
Affinity Sutton Capital Markets PLC, 4.25%, 10/08/42^(a)	GBP		100		93,652
Affordable Housing Finance PLC
2.89%, 08/11/45^(a)	GBP		100		85,865
3.80%, 05/20/44^(a)	GBP		100		100,055
Anglian Water Osprey Financing PLC, 4.00%, 03/08/26 (Call 12/08/25)^(a)	GBP		200		221,583
Anglian Water Services Financing PLC
2.75%, 10/26/29 (Call 07/26/29)^(a)	GBP		300		307,741
4.50%, 02/22/26^(a)	GBP		350		413,480
Annington Funding PLC
2.65%, 07/12/25 (Call 06/12/25)^(a)	GBP		200		227,488
3.18%, 07/12/29 (Call 04/12/29)^(a)	GBP		240		241,520
3.69%, 07/12/34 (Call 04/12/34)^(a)	GBP		300		274,069
Aspire Defence Finance PLC, Series B, 4.67%, 03/31/40	GBP		238		263,162
Associated British Foods, 2.50%, 06/16/34 (Call 03/16/34)^(a)	GBP		200		184,140
Assura Financing PLC, 3.00%, 07/19/28 (Call 04/19/28)^(a)	GBP		200		212,030
Aster Treasury PLC, 4.50%, 12/18/43^(a)	GBP		100		102,887
AstraZeneca PLC, 0.38%, 06/03/29 (Call 03/03/29)^(a)	EUR		300		264,366
Aviva PLC
1.88%, 11/13/27^(a)	EUR		266		263,650
5.13%, 06/04/50 (Call 06/04/30), (1-day SONIA + 4.022%)^(a)(b)	GBP		300		317,996
6.88%, 05/20/58 (Call 05/20/38), (1-day SONIA + 3.379%)^(a)(b)	GBP		100		112,729
Babcock International Group PLC, 1.38%, 09/13/27 (Call 06/13/27)^(a)	EUR		225		212,502
Bank of Scotland PLC, 4.88%, 12/20/24	GBP		125		150,534
Barclays PLC
0.58%, 08/09/29 (Call 08/09/28)^(a)(b)	EUR		500		430,255
0.75%, 06/09/25 (Call 06/09/24)^(a)(b)	EUR		485		501,380
1.13%, 03/22/31 (Call 03/22/26)^(a)(b)	EUR		300		281,256
2.17%, 06/23/27 (Call 06/23/26)^(a)(b)	CAD		200		128,697
3.25%, 02/12/27^(a)	GBP		550		603,696
3.25%, 01/17/33	GBP		400		371,618
5.26%, 01/29/34 (Call 01/29/33)^(a)(b)	EUR		700		726,917
BAT International Finance PLC
2.25%, 01/16/30 (Call 10/16/29)^(a)	EUR		526		470,779
4.00%, 11/23/55 (Call 08/23/55)^(a)	GBP		100		65,770
6.00%, 11/24/34^(a)	GBP		300		324,612
BAT Netherlands Finance BV, 3.13%, 04/07/28 (Call 01/07/28)^(a)	EUR		300		302,407


Security		Par (000)		Value

United Kingdom (continued)
BG Energy Capital PLC
5.00%, 11/04/36^(a)	GBP		100	$	111,583
5.13%, 12/01/25^(a)	GBP		250		302,394
Blend Funding PLC, Series ETMN, 3.46%, 09/21/49^(a)	GBP		100		82,754
BP Capital Markets BV, 4.32%, 05/12/35^(a)	EUR		200		203,988
BP Capital Markets PLC
1.10%, 11/15/34^(a)	EUR		300		223,794
1.23%, 05/08/31^(a)	EUR		600		514,936
1.57%, 02/16/27^(a)	EUR		535		525,828
1.59%, 07/03/28^(a)	EUR		550		524,134
1.95%, 03/03/25^(a)	EUR		250		257,664
2.82%, 04/07/32^(a)	EUR		190		181,300
3.25%, (Call 03/22/26)^(a)(b)(c)	EUR		200		198,394
3.63%, (Call 03/22/29)^(a)(b)(c)	EUR		350		325,753
4.25%, (Call 03/22/27)^(a)(b)(c)	GBP		550		599,334
Series MPLE, 3.47%, 05/15/25^(a)	CAD		300		209,541
British Telecommunications PLC
1.75%, 03/10/26^(a)	EUR		490		493,199
2.13%, 09/26/28 (Call 06/26/28)^(a)	EUR		200		193,835
3.13%, 11/21/31 (Call 08/21/31)^(a)	GBP		300		299,245
3.38%, 08/30/32 (Call 05/30/32)^(a)	EUR		300		290,665
6.38%, 06/23/37^(a)	GBP		300		356,239
Broadgate Financing PLC, Series C2, 5.10%, 04/05/35^(a)	GBP		109		116,468
Bunzl Finance PLC, 1.50%, 10/30/30 (Call 07/30/30)^(a)	GBP		150		136,755
BUPA Finance PLC, 4.13%, 06/14/35 (Call 03/14/35)^(a)	GBP		200		173,880
Cadent Finance PLC
2.13%, 09/22/28^(a)	GBP		250		256,879
3.13%, 03/21/40^(a)	GBP		300		238,585
4.25%, 07/05/29^(a)	EUR		300		314,424
Cardiff University, 3.00%, 12/07/55^(a)	GBP		100		75,045
Catalyst Housing Ltd., 3.13%, 10/31/47^(a)	GBP		100		74,711
CCEP Finance Ireland DAC
0.50%, 09/06/29 (Call 06/06/29)^(a)	EUR		325		282,623
0.88%, 05/06/33 (Call 02/06/33)^(a)	EUR		300		236,375
1.50%, 05/06/41 (Call 11/06/40)^(a)	EUR		100		68,640
Centrica PLC, 7.00%, 09/19/33^(a)	GBP		250		320,919
Chancellor Masters & Scholars of The University of Cambridge (The), 2.35%, 06/27/78^(a)	GBP		100		62,258
Channel Link Enterprises Finance PLC, Series A5, 3.04%, 06/30/50 (Call 06/20/29), (1-day SONIA + 0.276%)^(a)(b)	GBP		150		153,492
Church Commissioners for England, 3.63%, 07/14/52 (Call 01/14/52)^(a)	GBP		100		84,855
Circle Anglia Social Housing PLC, 7.25%, 11/12/38^(a)	GBP		200		266,291
Citizen Treasury PLC, 3.25%, 10/20/48^(a)	GBP		100		77,360
CK Hutchison Europe Finance 18 Ltd., 1.25%, 04/13/25^(a)	EUR		305		308,333
CK Hutchison Europe Finance 21 Ltd., 1.00%, 11/02/33 (Call 08/02/33)^(a)	EUR		100		74,629
CK Hutchison Finance 16 II Ltd., 0.88%, 10/03/24^(a)	EUR		300		306,988
CK Hutchison Finance 16 Ltd., Series B, 2.00%, 04/06/28^(a)	EUR		300		292,232
CK Hutchison Group Telecom Finance SA
0.75%, 04/17/26 (Call 01/17/26)^(a)	EUR		210		204,211
1.13%, 10/17/28 (Call 07/17/28)^(a)	EUR		400		365,895


Security		Par (000)		Value

United Kingdom (continued)
Clarion Funding PLC
1.88%, 01/22/35^(a)	GBP		400	$	322,684
2.63%, 01/18/29^(a)	GBP		100		104,439
Clydesdale Bank PLC, 0.00%, 09/22/26^(a)	EUR		400		379,226
CNH Industrial Finance Europe SA
1.75%, 09/12/25 (Call 06/12/25)^(a)	EUR		300		305,336
1.75%, 03/25/27 (Call 12/25/26)^(a)	EUR		300		294,758
Coca-Cola Europacific Partners PLC, 0.20%, 12/02/28 (Call 09/02/28)^(a)	EUR		300		263,216
Coca-Cola European Partners PLC, 1.88%, 03/18/30 (Call 12/18/29)^(a)	EUR		200		185,984
Compass Group Finance Netherlands BV, 0.63%, 07/03/24 (Call 04/03/24)^(a)	EUR		275		284,323
Coventry Building Society, 0.13%, 06/20/26^(a)	EUR		300		288,780
CPUK Finance Ltd., 3.69%, 02/28/47 (Call 05/28/28)^(a)	GBP		350		373,933
Diageo Capital BV Co., 1.88%, 06/08/34 (Call 03/08/34)^(a)	EUR		200		172,495
Diageo Finance PLC
2.38%, 05/20/26 (Call 02/20/26)^(a)	EUR		400		407,808
2.38%, 06/08/28 (Call 03/08/28)^(a)	GBP		350		377,690
2.50%, 03/27/32 (Call 12/27/31)^(a)	EUR		300		286,684
2.75%, 06/08/38 (Call 03/08/38)^(a)	GBP		200		171,646
DS Smith PLC, 4.38%, 07/27/27^(a)	EUR		400		422,363
DWR Cymru Financing UK PLC, 1.38%, 03/31/33^(a)	GBP		200		165,847
Eastern Power Networks PLC, 5.75%, 03/08/24^(a)	GBP		50		60,703
easyJet FinCo. BV, 1.88%, 03/03/28 (Call 12/03/27)^(a)	EUR		450		416,696
Eversholt Funding PLC
2.74%, 06/30/40^(a)	GBP		349		330,785
3.53%, 08/07/42^(a)	GBP		100		85,541
Gatwick Funding Ltd.
2.50%, 04/15/32^(a)	GBP		100		98,660
2.88%, 07/05/51^(a)	GBP		200		132,282
3.13%, 09/28/41^(a)	GBP		100		80,142
6.13%, 03/02/28^(a)	GBP		100		121,617
GlaxoSmithKline Capital PLC
1.00%, 09/12/26 (Call 06/12/26)^(a)	EUR		400		393,682
1.63%, 05/12/35^(a)	GBP		200		161,977
3.38%, 12/20/27^(a)	GBP		100		114,919
4.00%, 06/16/25	EUR		584		621,262
5.25%, 12/19/33	GBP		228		274,045
6.38%, 03/09/39	GBP		350		449,969
Global Switch Holdings Ltd., 2.25%, 05/31/27 (Call 02/28/27)^(a)	EUR		210		204,754
Grainger PLC, 3.00%, 07/03/30 (Call 04/03/30)^(a)	GBP		200		189,579
Great Rolling Stock Co. Ltd. (The), 6.88%, 07/27/35^(a)	GBP		217		269,864
Greene King Finance PLC, 3.59%, 03/15/35^(a)	GBP		133		136,884
Guinness Partnership Ltd. (The), 2.00%, 04/22/55^(a)	GBP		200		107,701
Hammerson Ireland Finance DAC, 1.75%, 06/03/27 (Call 03/03/27)^(a)	EUR		200		180,794
Hammerson PLC, 7.25%, 04/21/28^(a)	GBP		275		319,167
Heathrow Funding Ltd.
1.13%, 10/08/32 (Call 07/08/30)^(a)	EUR		300		253,115
1.50%, 02/11/32 (Call 02/11/24)^(a)	EUR		436		390,049
1.88%, 03/14/36^(a)	EUR		200		163,492


Security		Par (000)		Value

United Kingdom (continued)
2.75%, 08/09/51^(a)	GBP		200	$	130,825
3.73%, 04/13/35 (Call 01/13/33)^(a)	CAD		200		119,495
5.88%, 05/13/43^(a)	GBP		300		337,265
6.45%, 12/10/33^(a)	GBP		250		307,581
Series MPLE, 3.78%, 09/04/32 (Call 06/04/30)^(a)	CAD		200		126,919
Hexagon Housing Association, 3.63%, 04/22/48^(a)	GBP		100		77,821
Hiscox Ltd., 6.13%, 11/24/45 (Call 11/24/25), (1-day SONIA + 5.195%)^(a)(b)	GBP		100		117,358
HSBC Bank Capital Funding Sterling 1 LP, 5.84%, (Call 11/05/31), (1-day SONIA + 2.036%)^(a)(b)(c)	GBP		250		296,438
HSBC Holdings PLC
0.77%, 11/13/31 (Call 11/13/30), (3-mo. EURIBOR + 1.034%)^(a)(b)	EUR		400		327,951
0.88%, 09/06/24^(a)	EUR		337		347,100
2.26%, 11/13/26 (Call 11/13/25)^(a)(b)	GBP		540		606,790
3.00%, 07/22/28 (Call 07/22/27)^(b)	GBP		520		560,705
3.02%, 06/15/27 (Call 06/15/26), (3-mo. EURIBOR + 1.445%)^(a)(b)	EUR		650		660,822
3.13%, 06/07/28	EUR		550		540,874
3.20%, 12/05/23^(a)	CAD		200		143,890
4.79%, 03/10/32 (Call 03/10/31), (3-mo. EURIBOR + 1.550%)^(a)(b)	EUR		528		551,479
6.00%, 03/29/40^(a)	GBP		350		370,578
6.50%, 05/20/24^(a)	GBP		50		60,894
6.75%, 09/11/28^(a)	GBP		200		245,062
IG Group Holdings PLC, 3.13%, 11/18/28
(Call 08/18/28)^(a)	GBP		100		97,880
Imperial Brands Finance Netherlands BV
1.75%, 03/18/33 (Call 12/18/32)^(a)	EUR		100		74,949
5.25%, 02/15/31 (Call 11/15/30)^(a)	EUR		200		205,991
Imperial Brands Finance PLC
1.38%, 01/27/25 (Call 10/27/24)^(a)	EUR		518		528,558
4.88%, 06/07/32 (Call 03/09/32)^(a)	GBP		100		103,018
8.13%, 03/15/24^(a)	GBP		150		183,435
InterContinental Hotels Group PLC
2.13%, 05/15/27 (Call 02/14/27)^(a)	EUR		200		197,705
3.75%, 08/14/25 (Call 05/14/25)^(a)	GBP		300		349,430
Intermediate Capital Group PLC, 2.50%, 01/28/30 (Call 10/28/29)^(a)	EUR		300		245,000
Investec PLC, 1.88%, 07/16/28
(Call 07/16/27)^(a)(b)	GBP		200		199,227
ITV PLC, 1.38%, 09/26/26 (Call 06/26/26)^(a)	EUR		200		194,763
Land Securities Capital Markets PLC
2.38%, 03/29/29^(a)	GBP		100		108,910
2.63%, 09/22/39^(a)	GBP		340		285,462
Legal & General Group PLC
3.75%, 11/26/49 (Call 11/26/29)^(a)(b)	GBP		100		100,155
5.13%, 11/14/48 (Call 11/14/28)^(a)(b)	GBP		200		222,097
5.38%, 10/27/45 (Call 10/27/25)^(a)(b)	GBP		250		295,021
5.50%, 06/27/64 (Call 06/27/44)^(a)(b)	GBP		100		103,543
Libra Longhurst Group Treasury No. 2 PLC, 3.25%, 05/15/43^(a)	GBP		100		79,967
Linde Finance BV, 0.25%, 05/19/27
(Call 02/19/27)^(a)	EUR		400		375,416
Lloyds Bank Corporate Markets PLC
0.38%, 01/28/25^(a)	EUR		550		555,239
1.75%, 07/11/24^(a)	GBP		220		259,846
2.38%, 04/09/26^(a)	EUR		400		407,359


Security		Par (000)		Value

United Kingdom (continued)
Lloyds Bank PLC
0.13%, 06/18/26^(a)	EUR		200	$	192,946
0.63%, 03/26/25^(a)	EUR		300		303,454
5.13%, 03/07/25^(a)	GBP		200		241,953
6.00%, 02/08/29^(a)	GBP		300		378,678
7.63%, 04/22/25^(a)	GBP		100		124,034
Lloyds Banking Group PLC
2.00%, 04/12/28 (Call 04/12/27)^(a)(b)	GBP		400		421,427
2.71%, 12/03/35 (Call 12/03/30)^(a)(b)	GBP		400		356,266
3.13%, 08/24/30 (Call 08/24/29)^(a)(b)	EUR		300		290,252
4.00%, 03/07/25	AUD		250		154,386
4.50%, 03/18/30 (Call 03/18/25), (3-mo. EURIBOR + 1.722%)^(a)(b)	EUR		400		414,032
4.75%, 09/21/31 (Call 09/21/30)^(a)(b)	EUR		500		519,939
Logicor UK PLC, 1.88%, 11/17/31^(a)	GBP		200		215,197
London & Quadrant Housing Trust
2.00%, 03/31/32 (Call 12/31/31)^(a)	GBP		100		90,143
2.63%, 02/28/28 (Call 11/28/27)^(a)	GBP		200		213,488
3.13%, 02/28/53 (Call 11/28/52)^(a)	GBP		200		142,733
London & Quadrant Housing Trust Ltd., 5.50%, 01/27/40^(a)	GBP		150		168,806
London Stock Exchange Group PLC
1.75%, 12/06/27 (Call 09/06/27)^(a)	EUR		250		242,744
1.75%, 09/19/29 (Call 06/19/29)^(a)	EUR		150		139,422
M&G PLC
5.56%, 07/20/55 (Call 07/20/35)^(a)(b)	GBP		300		301,753
5.63%, 10/20/51 (Call 10/20/31)^(a)(b)	GBP		235		247,898
Manchester Airport Group Funding PLC, 2.88%, 09/30/44^(a)	GBP		200		145,478
Martlet Homes Ltd., 3.00%, 05/09/52^(a)	GBP		100		73,124
Metropolitan Funding PLC, 4.13%, 04/05/48^(a)	GBP		100		88,410
Motability Operations Group PLC
0.38%, 01/03/26^(a)	EUR		200		196,122
2.13%, 01/18/42 (Call 10/18/41)^(a)	GBP		550		393,208
2.38%, 03/14/32^(a)	GBP		200		191,362
3.63%, 03/10/36^(a)	GBP		230		226,128
4.38%, 02/08/27^(a)	GBP		400		470,161
National Grid Electricity Distribution East Midlands PLC, 3.95%, 09/20/32 (Call 06/20/32)^(a)	EUR		200		202,019
National Grid Electricity Distribution South West PLC, 2.38%, 05/16/29^(a)	GBP		100		101,303
National Grid Electricity Distribution West Midlands PLC
3.88%, 10/17/24 (Call 07/17/24)^(a)	GBP		270		321,754
5.75%, 04/16/32^(a)	GBP		200		236,598
National Grid Electricity Transmission PLC
2.00%, 04/17/40^(a)	GBP		550		377,330
2.30%, 06/22/29 (Call 03/22/29)^(a)	CAD		200		121,159
National Grid Gas PLC, 1.63%, 01/14/43 (Call 10/14/42)^(a)	GBP		200		114,908
National Grid PLC
0.75%, 09/01/33 (Call 06/01/33)^(a)	EUR		300		219,421
4.28%, 01/16/35 (Call 10/16/34)^(a)	EUR		450		450,925
National Westminster Bank PLC, 0.50%, 05/15/24^(a)	EUR		350		363,399
Nationwide Building Society
0.25%, 07/22/25^(a)	EUR		500		495,379
0.25%, 09/14/28^(a)	EUR		300		262,145
0.50%, 02/23/24^(a)	EUR		100		104,680
0.63%, 03/25/27^(a)	EUR		150		143,906


Security		Par (000)		Value

United Kingdom (continued)
1.38%, 06/29/32^(a)	EUR		500	$	438,227
2.25%, 06/25/29^(a)	EUR		300		295,659
3.25%, 01/20/28^(a)	GBP		300		331,180
Natwest Group PLC, 2.11%, 11/28/31 (Call 08/26/26)^(a)(b)	GBP		550		569,312
NatWest Group PLC
0.75%, 11/15/25 (Call 11/15/24), (3-mo. EURIBOR + 1.079%)^(a)(b)	EUR		400		407,003
0.78%, 02/26/30 (Call 02/26/29), (3-mo. EURIBOR + 0.949%)^(a)(b)	EUR		400		341,643
1.04%, 09/14/32 (Call 06/14/27)^(a)(b)	EUR		300		263,512
3.62%, 03/29/29 (Call 03/29/28)^(a)(b)	GBP		450		485,352
3.62%, 08/14/30 (Call 05/14/25)^(a)(b)	GBP		250		285,394
NatWest Market PLC, 0.13%, 11/12/25^(a)	EUR		500		487,355
NatWest Markets PLC, 0.13%, 06/18/26^(a)	EUR		708		673,744
Network Rail Infrastructure Finance PLC, 4.75%, 11/29/35	GBP		450		532,421
NewRiver REIT PLC, 3.50%, 03/07/28 (Call 12/07/27)^(a)	GBP		100		103,616
Next Group PLC, 3.00%, 08/26/25 (Call 05/26/25)^(a)	GBP		330		381,539
NIE Finance PLC, 2.50%, 10/27/25 (Call 07/27/25)^(a)	GBP		500		570,149
Northern Gas Networks Finance PLC, 6.13%, 06/02/33 (Call 03/02/33)^(a)	GBP		200		238,465
Northern Powergrid Northeast PLC, 1.88%, 06/16/62^(a)	GBP		200		100,795
Northumbrian Water Finance PLC
1.63%, 10/11/26^(a)	GBP		410		439,279
2.38%, 10/05/27 (Call 07/05/27)^(a)	GBP		100		105,788
Notting Hill Genesis
2.00%, 06/03/36^(a)	GBP		100		78,216
3.75%, 12/20/32^(a)	GBP		100		103,510
5.25%, 07/07/42^(a)	GBP		150		160,992
Optivo Finance PLC, 3.28%, 03/22/48^(a)	GBP		150		113,371
Orbit Capital PLC, 3.50%, 03/24/45^(a)	GBP		200		164,085
Paragon Treasury PLC, 2.00%, 05/07/36^(a)	GBP		100		77,262
Peabody Capital No. 2 PLC
2.75%, 03/02/34^(a)	GBP		100		91,107
3.25%, 09/14/48^(a)	GBP		200		151,880
Pension Insurance Corp. PLC, 5.63%, 09/20/30^(a)	GBP		200		213,393
Phoenix Group Holdings PLC
5.63%, 04/28/31 (Call 01/28/31)^(a)	GBP		100		105,047
5.87%, 06/13/29^(a)	GBP		250		278,268
Places for People Homes Ltd., 3.63%, 11/22/28^(a)	GBP		200		217,794
Places For People Treasury PLC, 2.50%, 01/26/36 (Call 10/26/35)^(a)	GBP		200		163,919
Platform HG Financing PLC, 1.93%, 09/15/41^(a).	GBP		150		105,897
Prs Finance PLC, 2.00%, 01/23/29^(a)	GBP		200		210,424
Reckitt Benckiser Treasury Services Nederland BV, 0.75%, 05/19/30 (Call 02/19/30)^(a)	EUR		200		174,402
Reckitt Benckiser Treasury Services PLC, 1.75%, 05/19/32^(a)	GBP		300		276,504
RELX Capital Inc., 1.30%, 05/12/25 (Call 02/12/25)	EUR		350		355,475
RELX Finance BV, 0.00%, 03/18/24 (Call 02/18/24)^(a)	EUR		300		312,430
Rentokil Initial Finance BV, 4.38%, 06/27/30 (Call 03/27/30)^(a)	EUR		300		315,129


Security		Par (000)		Value

United Kingdom (continued)
Rentokil Initial PLC, 0.88%, 05/30/26 (Call 02/28/26)^(a)	EUR		200	$	195,532
RL Finance Bonds No. 4 PLC, 4.88%, 10/07/49 (Call 04/07/39)^(a)(b)	GBP		200		172,582
Rothesay Life PLC, 3.38%, 07/12/26^(a)	GBP		450		498,872
Sage Group PLC (The), 2.88%, 02/08/34 (Call 11/08/33)^(a)	GBP		200		182,716
Sanctuary Capital PLC
2.38%, 04/14/50^(a)	GBP		300		191,345
6.70%, 03/23/39	GBP		50		65,643
Santander UK Group Holdings PLC
0.60%, 09/13/29 (Call 09/13/28)^(a)(b)	EUR		300		256,441
2.92%, 05/08/26 (Call 05/08/25)^(a)(b)	GBP		500		572,008
3.53%, 08/25/28 (Call 08/25/27)^(a)(b)	EUR		200		201,218
Santander UK PLC
0.05%, 01/12/27^(a)	EUR		100		94,358
0.10%, 05/12/24	EUR		200		207,282
1.13%, 03/12/27^(a)	EUR		400		389,237
1.25%, 09/18/24^(a)	EUR		240		247,773
5.25%, 02/16/29^(a)	GBP		150		183,211
Scottish Hydro Electric Transmission PLC, 2.13%, 03/24/36 (Call 12/24/35)^(a)	GBP		400		319,714
Scottish Widows Ltd., 7.00%, 06/16/43^(a)	GBP		100		113,281
Segro Capital Sarl, 0.50%, 09/22/31 (Call 06/22/31)^(a)	EUR		300		226,733
Segro PLC, 2.38%, 10/11/29^(a)	GBP		100		100,474
Severn Trent Utilities Finance PLC
2.00%, 06/02/40^(a)	GBP		200		136,244
2.75%, 12/05/31^(a)	GBP		200		193,238
3.63%, 01/16/26^(a)	GBP		100		116,246
Skipton Building Society, 0.00%, 09/22/24^(a)	EUR		200		204,159
Sky Ltd.
2.25%, 11/17/25^(a)	EUR		500		512,415
6.00%, 05/21/27	GBP		300		372,033
Smiths Group PLC, 2.00%, 02/23/27 (Call 11/23/26)^(a)	EUR		200		198,581
South Eastern Power Networks PLC, 5.63%, 09/30/30^(a)	GBP		300		359,705
Southern Electric Power Distribution PLC, 5.50%, 06/07/32^(a)	GBP		196		233,663
Southern Gas Networks PLC, 3.10%, 09/15/36 (Call 06/15/36)^(a)	GBP		300		256,395
Southern Housing Group Ltd., 2.38%, 10/08/36^(a)	GBP		100		80,698
Southern Water Services Finance Ltd.
3.00%, 05/28/37^(a)	GBP		200		152,567
5.13%, 09/30/56	GBP		50		47,139
6.19%, 03/31/29^(a)	GBP		225		268,571
Series A4, 6.64%, 03/31/26^(a)	GBP		240		288,185
Sovereign Housing Capital PLC, 2.38%, 11/04/48^(a)	GBP		100		65,565
SP Transmission PLC, 2.00%, 11/13/31 (Call 08/13/31)^(a)	GBP		223		211,147
SSE PLC
0.88%, 09/06/25 (Call 06/06/25)^(a)	EUR		530		530,266
4.00%, 01/21/28 (Call 01/21/28)^(a)(b)	EUR		350		338,768
8.38%, 11/20/28^(a)	GBP		230		310,109
Stagecoach Group PLC, 4.00%, 09/29/25 (Call 06/29/25)^(a)	GBP		100		115,096
Standard Chartered PLC
1.20%, 09/23/31 (Call 09/23/26)^(a)(b)	EUR		300		273,992


Security		Par (000)		Value

United Kingdom (continued)
1.63%, 10/03/27 (Call 10/03/26)^(a)(b)	EUR		357	$	345,332
4.38%, 01/18/38^(a)	GBP		200		206,077
Telereal Securitisation PLC
1.96%, 12/10/33 (Call 12/10/25), (1-day SONIA + 0.439%)^(a)(b)	GBP		100		109,482
3.56%, 12/10/36^(a)	GBP		200		206,304
Tesco Corporate Treasury Services PLC
0.88%, 05/29/26 (Call 02/28/26)^(a)	EUR		300		292,814
2.75%, 04/27/30 (Call 01/27/30)^(a)	GBP		300		297,742
4.25%, 02/27/31 (Call 11/27/30)^(a)	EUR		100		102,536
Tesco Property Finance 3 PLC, 5.74%, 04/13/40^(a)	GBP		270		302,515
Tesco Property Finance 6 PLC, 5.41%, 07/13/44^(a)	GBP		90		96,683
Thames Water Utilities Finance PLC
0.88%, 01/31/28 (Call 10/31/27)^(a)	EUR		300		263,578
2.63%, 01/24/32^(a)	GBP		210		183,816
3.50%, 02/25/28^(a)	GBP		390		407,616
4.38%, 01/18/31 (Call 10/18/30)^(a)	EUR		200		190,641
4.38%, 07/03/34^(a)	GBP		200		189,377
5.13%, 09/28/37^(a)	GBP		160		154,391
THFC Funding No. 2 PLC, 6.35%, 07/08/41	GBP		250		312,545
Unilever Finance Netherlands BV
1.00%, 02/14/27 ^(a)	EUR		470		458,195
1.38%, 07/31/29^(a)	EUR		100		93,760
1.63%, 02/12/33^(a)	EUR		460		406,708
1.75%, 03/25/30 (Call 12/25/29)^(a)	EUR		520		488,094
Unilever PLC, 1.50%, 06/11/39^(a)	EUR		200		149,404
United Utilities Water Finance PLC
1.75%, 02/10/38 (Call 11/10/37)^(a)	GBP		200		142,598
2.00%, 02/14/25 (Call 11/14/24)^(a)	GBP		100		115,901
2.63%, 02/12/31 (Call 11/12/30)^(a)	GBP		200		196,305
University of Liverpool, 3.38%, 06/25/55^(a)	GBP		100		82,415
University of Oxford, 2.54%, 12/08/2117^(a)	GBP		200		113,145
University of Southampton, 2.25%, 04/11/57^(a)	GBP		100		60,563
Urenco Finance NV, 3.25%, 06/13/32 (Call 03/13/32)^(a)	EUR		400		392,986
Utmost Group PLC, 4.00%, 12/15/31 (Call 09/15/31)^(a)	GBP		100		87,953
Virgin Money U.K. PLC
3.13%, 06/22/25 (Call 06/22/24), (1-day SONIA + 2.568%)^(a)(b)	GBP		450		530,029
4.63%, 10/29/28 (Call 10/29/27)^(a)(b)	EUR		100		101,149
Vodafone Group PLC
0.38%, 12/03/24^(a)	CHF		200		215,850
0.50%, 01/30/24^(a)	EUR		230		241,234
1.13%, 11/20/25^(a)	EUR		620		620,870
1.50%, 07/24/27^(a)	EUR		320		312,659
1.60%, 07/29/31^(a)	EUR		200		177,244
2.50%, 05/24/39^(a)	EUR		200		161,525
3.00%, 08/12/56^(a)	GBP		300		193,881
4.20%, 12/13/27^(a)	AUD		400		237,391
5.63%, 12/04/25	GBP		233		284,833
5.90%, 11/26/32^(a)	GBP		150		183,181
Vodafone International Financing DAC
3.75%, 12/02/34^(a)	EUR		450		449,573
4.00%, 02/10/43 (Call 08/10/42)^(a)	EUR		100		94,151
Wales & West Utilities Finance PLC
1.88%, 05/28/41^(a)	GBP		200		132,339
3.00%, 08/03/38^(a)	GBP		100		83,727


Security		Par (000)		Value

United Kingdom (continued)
Wellcome Trust Ltd. (The)
1.13%, 01/21/27^(a)	EUR		200	$	195,189
1.50%, 07/14/71 (Call 01/14/71)^(a)	GBP		200		84,362
2.52%, 02/07/2118^(a)	GBP		150		85,049
Wessex Water Services Finance PLC, 5.13%, 10/31/32 (Call 07/31/32)^(a)	GBP		200		222,249
Western Power Distribution West Midlands PLC, 6.00%, 05/09/25^(a)	GBP		150		181,767
WHG Treasury PLC, 4.25%, 10/06/45^(a)	GBP		100		95,419
Whitbread Group PLC, 3.38%, 10/16/25 (Call 07/16/25)^(a)	GBP		300		345,384
WPP Finance 2013, 3.00%, 11/20/23^(a)	EUR		100		105,731
WPP Finance SA
2.25%, 09/22/26^(a)	EUR		207		207,840
3.75%, 05/19/32^(a)	GBP		100		99,595
Yorkshire Building Society, 3.51%, 10/11/30 (Call 10/11/29)^(a)(b)	GBP		200		202,689
Yorkshire Water Finance PLC
1.75%, 10/27/32^(a)	GBP		200		165,594
2.75%, 04/18/41^(a)	GBP		200		145,349
5.25%, 04/28/30^(a)	GBP		200		226,954


					83,773,925

United States — 2.2%
3M Co., 1.50%, 11/09/26	EUR		100		97,503
Abbott Ireland Financing DAC, 1.50%, 09/27/26 (Call 06/27/26)^(a)	EUR		500		498,110
AbbVie Inc.
0.75%, 11/18/27 (Call 08/18/27)	EUR		500		468,210
1.25%, 06/01/24 (Call 03/01/24)	EUR		300		312,128
Air Products and Chemicals Inc., 0.80%, 05/05/32 (Call 02/05/32)	EUR		400		325,670
Albemarle New Holding GmbH, 1.63%, 11/25/28 (Call 08/25/28)^(a)	EUR		200		184,006
Altria Group Inc., 3.13%, 06/15/31 (Call 03/15/31)	EUR		300		269,056
American Honda Finance Corp., 1.50%, 10/19/27	GBP		500		524,423
American International Group Inc., 1.88%, 06/21/27 (Call 03/21/27)	EUR		250		243,143
American Medical Systems Europe BV
1.38%, 03/08/28 (Call 02/08/28)	EUR		400		380,773
1.88%, 03/08/34 (Call 12/08/33)	EUR		300		253,171
American Tower Corp.
0.95%, 10/05/30 (Call 07/05/30)	EUR		450		369,708
1.95%, 05/22/26 (Call 02/22/26)	EUR		325		324,085
Amgen Inc., 4.00%, 09/13/29^(a)	GBP		300		336,698
Apple Inc.
0.38%, 11/25/24^(a)	CHF		400		433,096
0.50%, 11/15/31 (Call 08/15/31)	EUR		300		252,420
0.75%, 02/25/30^(a)	CHF		250		260,201
0.88%, 05/24/25 (Call 02/24/25)	EUR		740		750,358
2.51%, 08/19/24 (Call 06/19/24)	CAD		200		141,136
3.05%, 07/31/29	GBP		200		220,358
3.35%, 01/10/24^(a)	AUD		150		94,918
Archer-Daniels-Midland Co., 1.00%, 09/12/25 (Call 06/12/25)	EUR		250		251,210
AT&T Inc.
0.25%, 03/04/26 (Call 02/04/26)	EUR		500		485,591
1.60%, 05/19/28 (Call 02/19/28)	EUR		400		380,376
2.05%, 05/19/32 (Call 02/19/32)	EUR		100		88,487
2.60%, 12/17/29 (Call 09/17/29)	EUR		555		536,926


Security		Par (000)		Value

United States (continued)
2.60%, 05/19/38 (Call 11/19/37)	EUR		400	$	323,891
2.85%, 05/25/24 (Call 03/25/24)	CAD		200		141,892
3.15%, 09/04/36 (Call 06/04/36)	EUR		500		444,101
3.55%, 12/17/32 (Call 09/17/32)	EUR		400		394,852
4.00%, 11/25/25 (Call 09/25/25)	CAD		150		104,467
4.30%, 11/18/34 (Call 08/18/34)	EUR		100		102,649
4.60%, 09/19/28^(a)	AUD		200		119,372
4.85%, 05/25/47 (Call 11/25/46)	CAD		150		85,914
4.88%, 06/01/44	GBP		300		293,855
5.10%, 11/25/48 (Call 05/25/48)	CAD		150		88,649
5.50%, 03/15/27^(a)	GBP		250		299,540
7.00%, 04/30/40	GBP		250		314,472
Athene Global Funding
0.37%, 09/10/26^(a)	EUR		400		372,860
0.63%, 01/12/28^(a)	EUR		200		177,687
4.76%, 04/21/27^(a)	AUD		200		115,623
Bank of America Corp.
0.58%, 08/24/28 (Call 08/24/27), (3-mo. EURIBOR + 0.760%)^(a)(b)	EUR		300		275,556
0.65%, 10/26/31 (Call 10/26/30), (3-mo. EURIBOR + 0.940%)^(a)(b)	EUR		400		324,851
0.69%, 03/22/31 (Call 03/22/30), (3-mo. EURIBOR + 0.790%)^(a)(b)	EUR		600		500,548
1.10%, 05/24/32 (Call 05/24/31), (3-mo. EURIBOR + 0.950%)^(a)(b)	EUR		300		247,421
1.66%, 04/25/28 (Call 04/25/27), (3-mo. EURIBOR + 0.890%)^(a)(b)	EUR		500		483,236
1.67%, 06/02/29 (Call 06/02/28)^(a)(b)	GBP		500		501,235
2.30%, 07/25/25^(a)	GBP		400		457,874
2.82%, 04/27/33 (Call 04/27/32), (3-mo. EURIBOR + 1.200%)^(a)(b)	EUR		200		184,832
2.93%, 04/25/25 (Call 04/25/24)^(b)	CAD		200		142,256
3.62%, 03/16/28 (Call 03/16/27)^(b)	CAD		500		334,540
3.65%, 03/31/29 (Call 03/31/28), (3-mo. EURIBOR + 3.670%)^(a)(b)	EUR		250		255,876
Series MPLE, 1.98%, 09/15/27 (Call 09/15/26)^(b)	CAD		150		96,981
Series MPLE, 2.60%, 04/04/29 (Call 04/04/28)^(b)	CAD		100		62,836
Series MPLE, 3.41%, 09/20/25 (Call 09/20/24)^(b)	CAD		200		141,111
Baxter International Inc.
0.40%, 05/15/24 (Call 04/15/24)	EUR		200		207,502
1.30%, 05/15/29 (Call 02/15/29)	EUR		250		225,589
Becton Dickinson and Co., 0.03%, 08/13/25 (Call 07/13/25)	EUR		350		345,293
Becton Dickinson Euro Finance Sarl
0.33%, 08/13/28 (Call 05/13/28)	EUR		325		290,013
1.21%, 06/04/26 (Call 03/04/26)	EUR		300		296,194
1.34%, 08/13/41 (Call 02/13/41)	EUR		200		124,636
Berkshire Hathaway Finance Corp.
1.50%, 03/18/30 (Call 12/18/29)	EUR		200		183,280
2.38%, 06/19/39 (Call 03/19/39)	GBP		350		278,731
2.63%, 06/19/59 (Call 12/19/58)	GBP		200		127,428
Berkshire Hathaway Inc.
0.00%, 03/12/25 (Call 02/12/25)	EUR		400		401,340
0.50%, 01/15/41 (Call 07/15/40)	EUR		200		109,741
1.13%, 03/16/27 (Call 12/16/26)	EUR		440		426,875
2.15%, 03/15/28 (Call 12/15/27)	EUR		100		99,098
Blackstone Holdings Finance Co. LLC, 1.50%, 04/10/29 (Call 01/10/29)^(a)	EUR		200		182,033


Security		Par (000)		Value

United States (continued)
Booking Holdings Inc.
1.80%, 03/03/27 (Call 12/03/26)	EUR		330	$	326,328
4.00%, 11/15/26 (Call 10/15/26)	EUR		435		463,868
4.13%, 05/12/33 (Call 02/12/33)	EUR		700		728,507
4.50%, 11/15/31 (Call 08/15/31)	EUR		225		243,025
BorgWarner Inc., 1.00%, 05/19/31 (Call 02/19/31)	EUR		200		163,041
Celanese U.S. Holdings LLC
4.78%, 07/19/26 (Call 06/19/26)	EUR		300		315,037
5.34%, 01/19/29 (Call 11/19/28)	EUR		200		208,636
Chubb INA Holdings Inc.
1.40%, 06/15/31 (Call 03/15/31)	EUR		330		284,233
2.50%, 03/15/38 (Call 09/15/37)	EUR		200		162,338
Citigroup Inc.
0.50%, 10/08/27 (Call 10/08/26), (3-mo. EURIBOR + 0.957%)^(a)(b)	EUR		600		569,462
1.25%, 04/10/29 (Call 03/10/29)^(a)	EUR		200		180,437
1.50%, 10/26/28 (Call 07/26/28)^(a)	EUR		500		468,448
1.75%, 01/28/25	EUR		400		410,851
1.75%, 10/23/26 (Call 09/23/26)	GBP		400		434,046
4.11%, 09/22/33 (Call 09/22/32), (3-mo. EURIBOR + 1.600%)^(a)(b)	EUR		500		509,925
7.38%, 09/01/39^(a)	GBP		150		205,683
Coca-Cola Co. (The)
0.13%, 03/09/29	EUR		526		463,497
1.00%, 03/09/41	EUR		300		196,629
1.63%, 03/09/35 (Call 12/09/34)	EUR		670		558,357
Colgate-Palmolive Co., 0.50%, 03/06/26 (Call 01/06/26)	EUR		360		354,538
Comcast Corp.
0.25%, 09/14/29 (Call 06/14/29)	EUR		300		256,511
1.25%, 02/20/40 (Call 08/20/39)	EUR		300		202,427
1.88%, 02/20/36 (Call 11/20/35)	GBP		200		161,049
CRH Finance DAC, 1.38%, 10/18/28 (Call 07/18/28)^(a)	EUR		200		187,325
Crh Finance UK PLC, 4.13%, 12/02/29 (Call 09/02/29)^(a)	GBP		200		221,551
CRH SMW Finance DAC, 4.25%, 07/11/35^(a)	EUR		400		406,372
Danaher Corp., 2.50%, 03/30/30 (Call 12/30/29)	EUR		200		195,365
DH Europe Finance II Sarl
0.45%, 03/18/28 (Call 12/18/27)	EUR		275		252,288
0.75%, 09/18/31 (Call 06/18/31)	EUR		400		333,517
1.35%, 09/18/39 (Call 03/18/39)	EUR		200		139,240
DH Europe Finance Sarl, 1.20%, 06/30/27 (Call 03/30/27)	EUR		500		482,503
Digital Dutch Finco BV
1.00%, 01/15/32 (Call 10/15/31)^(a)	EUR		300		228,397
1.50%, 03/15/30 (Call 12/15/29)^(a)	EUR		300		254,244
Digital Euro Finco LLC, 2.63%, 04/15/24
(Call 02/15/24)^(a)	EUR		200		209,428
Digital Intrepid Holding BV, 0.63%, 07/15/31
(Call 04/15/31)^(a)	EUR		200		149,194
Digital Stout Holding LLC, 4.25%, 01/17/25
(Call 10/19/24)^(a)	GBP		400		476,230
Dover Corp., 0.75%, 11/04/27 (Call 08/04/27)	EUR		200		186,606
Dow Chemical Co. (The), 1.13%, 03/15/32
(Call 12/15/31)	EUR		300		243,855
Duke Energy Corp., 3.10%, 06/15/28
(Call 03/15/28)	EUR		200		200,910
DXC Capital Funding DAC, 0.45%, 09/15/27
(Call 07/15/27)^(a)	EUR		300		264,818


Security		Par (000)		Value

United States (continued)
Eaton Capital Unlimited Co., 0.70%, 05/14/25 (Call 02/14/25)^(a)	EUR		375	$	377,095
Ecolab Inc., 1.00%, 01/15/24	EUR		200		210,213
Eli Lilly & Co.
0.63%, 11/01/31 (Call 08/01/31)	EUR		400		335,907
1.13%, 09/14/51 (Call 03/14/51)	EUR		300		162,097
1.63%, 06/02/26 (Call 03/02/26)	EUR		350		352,532
Equinix Inc., 0.25%, 03/15/27 (Call 01/15/27)	EUR		250		232,640
Experian Finance PLC
1.38%, 06/25/26 (Call 03/25/26)^(a)	EUR		200		197,565
3.25%, 04/07/32^(a)	GBP		200		202,967
Exxon Mobil Corp.
0.14%, 06/26/24 (Call 05/26/24)	EUR		450		464,418
0.84%, 06/26/32 (Call 03/26/32)	EUR		350		282,223
1.41%, 06/26/39 (Call 12/26/38)	EUR		250		169,410
FedEx Corp.
1.30%, 08/05/31 (Call 05/05/31)	EUR		307		264,644
1.63%, 01/11/27 (Call 10/11/26)	EUR		240		235,201
Fidelity National Information Services Inc.
1.00%, 12/03/28 (Call 09/03/28)	EUR		350		313,926
1.10%, 07/15/24 (Call 04/15/24)	EUR		100		103,609
1.50%, 05/21/27 (Call 02/21/27)	EUR		350		334,805
2.25%, 12/03/29 (Call 09/03/29)	GBP		200		197,363
3.36%, 05/21/31 (Call 02/21/31)	GBP		250		254,268
Fiserv Inc.
1.63%, 07/01/30 (Call 04/01/30)	EUR		150		132,673
3.00%, 07/01/31 (Call 04/01/31)	GBP		300		297,199
GE Capital European Funding Unlimited Co.,
4.63%, 02/22/27	EUR		50		53,684
General Electric Co.
0.88%, 05/17/25 (Call 02/17/25)	EUR		325		327,446
1.50%, 05/17/29 (Call 02/17/29)	EUR		225		209,319
2.13%, 05/17/37 (Call 02/17/37)	EUR		300		241,567
4.13%, 09/19/35^(a)	EUR		200		205,725
General Motors Financial Co. Inc.
0.60%, 05/20/27 (Call 03/20/27)^(a)	EUR		400		370,835
0.65%, 09/07/28 (Call 06/07/28)^(a)	EUR		300		263,415
2.35%, 09/03/25 (Call 07/07/25)^(a)	GBP		300		339,682
4.30%, 02/15/29 (Call 12/15/28)^(a)	EUR		125		128,962
General Motors Financial of Canada Ltd.
5.20%, 02/09/28 (Call 01/09/28)	CAD		250		173,113
Series 5, 3.25%, 11/07/23	CAD		200		144,153
Goldman Sachs Group Inc. (The)
0.25%, 01/26/28 (Call 10/26/27)^(a)	EUR		417		374,913
0.50%, 12/04/24^(a)	CHF		250		270,281
0.88%, 01/21/30^(a)	EUR		700		597,771
1.00%, 03/18/33 (Call 12/18/32)^(a)	EUR		575		441,880
1.63%, 07/27/26^(a)	EUR		455		452,304
1.88%, 12/16/30 (Call 09/16/30)^(a)	GBP		450		419,104
2.00%, 03/22/28^(a)	EUR		500		485,648
2.88%, 06/03/26^(a)	EUR		338		347,841
3.13%, 07/25/29^(a)	GBP		450		472,846
7.25%, 04/10/28	GBP		345		437,727
Series MPLE, 2.01%, 02/28/29 (Call 02/28/28)^(b)	CAD		300		183,756
GSK Consumer Healthcare Capital NL BV
1.75%, 03/29/30 (Call 12/29/29)^(a)	EUR		100		91,772
2.13%, 03/29/34 (Call 12/29/33)^(a)	EUR		200		171,913
GSK Consumer Healthcare Capital UK PLC
2.88%, 10/29/28 (Call 07/29/28)^(a)	GBP		100		108,106
3.38%, 03/29/38 (Call 12/29/37)^(a)	GBP		100		90,248


Security		Par (000)		Value

United States (continued)
Harley-Davidson Financial Services Inc., 0.90%, 11/19/24 (Call 08/19/24)^(a)	EUR		300	$	305,952
Highland Holdings Sarl, 0.32%, 12/15/26 (Call 09/15/26)	EUR		200		188,168
Honeywell International Inc.
0.75%, 03/10/32 (Call 12/10/31)	EUR		200		162,640
4.13%, 11/02/34 (Call 08/02/34)	EUR		352		362,621
Illinois Tool Works Inc., 2.13%, 05/22/30 (Call 02/22/30)	EUR		260		249,190
International Business Machines Corp.
0.30%, 11/02/26	JPY		100,000		647,199
0.30%, 02/11/28	EUR		730		667,062
0.65%, 02/11/32	EUR		500		402,701
1.13%, 09/06/24	EUR		510		526,183
1.25%, 02/09/34 (Call 11/09/33)	EUR		300		240,098
1.75%, 01/31/31	EUR		355		321,980
4.00%, 02/06/43 (Call 08/06/42)	EUR		300		289,029
International Flavors & Fragrances Inc., 1.80%, 09/25/26 (Call 06/25/26)	EUR		300		294,982
John Deere Cash Management SA, 2.20%, 04/02/32^(a)	EUR		350		326,398
John Deere Financial Inc., 2.58%, 10/16/26	CAD		200		133,707
Johnson & Johnson
0.65%, 05/20/24 (Call 02/20/24)	EUR		200		207,970
1.65%, 05/20/35 (Call 02/20/35)	EUR		400		345,790
Johnson Controls International PLC, 4.25%, 05/23/35 (Call 03/01/35)	EUR		430		439,810
JPMorgan Chase & Co.
0.50%, 12/04/23^(a)	CHF		50		54,893
0.60%, 02/17/33 (Call 02/17/32), (3-mo. EURIBOR + 0.650%)^(a)(b)	EUR		200		156,380
1.05%, 11/04/32 (Call 11/04/31), (3-mo. EURIBOR + 0.870%)^(a)(b)	EUR		450		370,090
1.09%, 03/11/27 (Call 03/11/26), (3-mo. EURIBOR + 0.760%)^(a)(b)	EUR		800		785,880
1.50%, 01/27/25^(a)	EUR		320		327,900
1.81%, 06/12/29 (Call 06/12/28), (3-mo. EURIBOR + 0.950%)^(a)(b)	EUR		350		331,938
1.90%, 04/28/33 (Call 04/28/32), (1-day SONIA + 1.130%)^(a)(b)	GBP		200		179,040
1.96%, 03/23/30 (Call 03/23/29), (3-mo. EURIBOR + 1.130%)^(a)(b)	EUR		713		669,909
2.88%, 05/24/28^(a)	EUR		300		301,964
3.50%, 12/18/26^(a)	GBP		100		114,858
Series MPLE, 1.90%, 03/05/28 (Call 03/05/27)^(b)	CAD		200		127,579
Kinder Morgan Inc., 2.25%, 03/16/27	EUR		200		197,134
Kraft Heinz Foods Co.
1.50%, 05/24/24 (Call 02/24/24)^(a)	EUR		100		104,287
2.25%, 05/25/28 (Call 02/25/28)^(a)	EUR		200		197,306
4.13%, 07/01/27 (Call 04/01/27)^(a)	GBP		100		115,483
Liberty Mutual Finance Europe DAC, 1.75%, 03/27/24^(a)	EUR		254		265,724
Linde PLC
0.38%, 09/30/33 (Call 06/30/33)^(a)	EUR		200		149,982
1.00%, 09/30/51 (Call 03/30/51)^(a)	EUR		100		50,687
1.38%, 03/31/31 (Call 12/31/30)^(a)	EUR		400		356,348
LYB International Finance II BV, 0.88%, 09/17/26 (Call 06/17/26)	EUR		200		192,033
Marsh & McLennan Companies Inc., 1.98%, 03/21/30 (Call 12/21/29)	EUR		200		187,362


Security		Par (000)		Value

United States (continued)
Mastercard Inc., 1.00%, 02/22/29 (Call 11/22/28)	EUR		500	$	460,953
Mcdonald S Corp., 0.88%, 10/04/33 (Call 07/04/33)^(a)	EUR		300		233,716
McDonald’s Corp.
0.17%, 10/04/24^(a)	CHF		200		216,080
0.90%, 06/15/26 (Call 04/15/26)^(a)	EUR		400		394,161
1.75%, 05/03/28^(a)	EUR		500		485,416
2.95%, 03/15/34 (Call 12/15/33)^(a)	GBP		200		189,672
3.13%, 03/04/25 (Call 01/04/25)	CAD		250		174,827
5.88%, 04/23/32^(a)	GBP		225		277,227
McKesson Corp.
1.50%, 11/17/25 (Call 08/17/25)	EUR		450		454,293
3.13%, 02/17/29 (Call 11/17/28)	GBP		200		214,711
Medtronic Global Holdings SCA
1.00%, 07/02/31 (Call 04/02/31)	EUR		600		516,966
1.13%, 03/07/27 (Call 12/07/26)	EUR		920		893,655
1.75%, 07/02/49 (Call 01/02/49)	EUR		400		245,343
2.25%, 03/07/39 (Call 12/07/38)	EUR		400		320,794
Merck & Co. Inc.
0.50%, 11/02/24 (Call 08/02/24)	EUR		450		459,767
2.50%, 10/15/34 (Call 07/15/34)	EUR		100		92,903
Metropolitan Life Global Funding I
0.38%, 04/09/24^(a)	EUR		100		104,136
1.95%, 03/20/28^(a)	CAD		400		248,270
3.50%, 09/30/26^(a)	GBP		400		459,770
3.75%, 12/05/30^(a)	EUR		200		206,555
Microsoft Corp., 2.63%, 05/02/33 (Call 02/02/33).	EUR		250		247,001
Mohawk Capital Finance SA, 1.75%, 06/12/27 (Call 04/12/27)	EUR		200		193,919
Molson Coors Internationa LP Co., 3.44%, 07/15/26 (Call 04/15/26)	CAD		200		135,777
Mondelez International Holdings Netherlands BV, 0.88%, 10/01/31 (Call 07/01/31)^(a)	EUR		250		208,151
Mondelez International Inc.
1.38%, 03/17/41 (Call 12/17/40)	EUR		350		231,704
1.63%, 03/08/27 (Call 12/08/26)	EUR		281		276,204
Moody’s Corp., 0.95%, 02/25/30 (Call 11/25/29)	EUR		200		175,058
Morgan Stanley
0.50%, 02/07/31 (Call 02/07/30), (3-mo. EURIBOR + 0.720%)^(b)	EUR		600		492,516
1.10%, 04/29/33 (Call 04/29/32), (3-mo. EURIBOR + 0.833%)^(b)	EUR		400		317,203
1.34%, 10/23/26 (Call 10/23/25), (3-mo. EURIBOR + 0.834%)^(b)	EUR		830		828,762
1.75%, 03/11/24	EUR		270		283,348
2.63%, 03/09/27	GBP		300		330,950
2.95%, 05/07/32 (Call 05/07/31), (3-mo. EURIBOR + 1.245%)^(b)	EUR		531		498,149
4.66%, 03/02/29 (Call 03/02/28), (3-mo. EURIBOR + 1.304%)^(b)	EUR		750		795,068
Series MPLE, 3.00%, 02/07/24	CAD		200		143,172
Nasdaq Inc.
0.88%, 02/13/30 (Call 11/13/29)	EUR		100		86,976
1.75%, 03/28/29 (Call 12/28/28)	EUR		200		187,442
National Grid North America Inc., 1.05%, 01/20/31 (Call 10/20/30)^(a)	EUR		500		417,125
Nestle Finance International Ltd.
0.00%, 06/14/26 (Call 05/14/26)^(a)	EUR		600		582,654
0.00%, 03/03/33 (Call 12/03/32)^(a)	EUR		626		473,889
0.25%, 06/14/29 (Call 03/14/29)^(a)	EUR		336		300,779


Security		Par (000)		Value

United States (continued)
0.63%, 02/14/34 (Call 11/14/33)^(a)	EUR		125	$	98,810
0.88%, 06/14/41 (Call 12/14/40)^(a)	EUR		275		180,660
1.50%, 04/01/30 (Call 01/01/30)^(a)	EUR		250		233,734
1.50%, 03/29/35 (Call 12/29/34)^(a)	EUR		150		125,451
1.75%, 11/02/37 (Call 08/02/37)^(a)	EUR		300		246,092
Nestle Holdings Inc.
0.25%, 10/04/27^(a)	CHF		900		940,930
2.19%, 01/26/29 (Call 11/26/28)	CAD		500		313,649
2.50%, 04/04/32 (Call 01/04/32)^(a)	GBP		300		297,430
Netflix Inc., 3.88%, 11/15/29^(a)	EUR		600		621,419
New York Life Global Funding
0.25%, 01/23/27^(a)	EUR		300		284,438
0.25%, 10/04/28^(a)	EUR		300		267,344
1.25%, 12/17/26^(a)	GBP		510		547,420
5.25%, 06/30/26	CAD		400		286,786
Omnicom Capital Holdings PLC, 2.25%, 11/22/33 (Call 08/22/33)	GBP		200		174,831
Oracle Corp., 3.13%, 07/10/25	EUR		200		208,945
PepsiCo Inc.
0.40%, 10/09/32 (Call 07/09/32)	EUR		300		237,923
1.05%, 10/09/50 (Call 04/09/50)	EUR		100		55,786
1.13%, 03/18/31 (Call 12/18/30)	EUR		400		354,736
2.15%, 05/06/24 (Call 03/06/24)	CAD		200		141,873
3.55%, 07/22/34 (Call 04/22/34)	GBP		200		205,919
Pfizer Inc., 6.50%, 06/03/38^(a)	GBP		250		325,430
Philip Morris International Inc.
1.45%, 08/01/39 (Call 05/01/39)	EUR		300		179,796
2.00%, 05/09/36 (Call 02/09/36)	EUR		200		146,761
2.88%, 03/03/26	EUR		550		566,123
PPG Industries Inc., 2.75%, 06/01/29 (Call 04/01/29)	EUR		300		296,492
Procter & Gamble Co. (The)
0.50%, 10/25/24	EUR		650		664,985
1.88%, 10/30/38	EUR		300		246,171
Prologis Euro Finance LLC
0.25%, 09/10/27 (Call 06/10/27)	EUR		300		274,887
0.50%, 02/16/32 (Call 11/16/31)	EUR		250		189,149
1.00%, 02/08/29 (Call 11/08/28)	EUR		200		177,809
1.00%, 02/06/35 (Call 11/06/34)	EUR		200		140,326
1.50%, 02/08/34 (Call 11/08/33)	EUR		200		155,043
1.50%, 09/10/49 (Call 03/10/49)	EUR		100		51,796
1.88%, 01/05/29 (Call 10/05/28)	EUR		100		93,039
4.25%, 01/31/43 (Call 07/31/42)	EUR		250		228,723
Public Storage, 0.88%, 01/24/32 (Call 10/24/31)	EUR		200		158,103
PVH Corp., 3.13%, 12/15/27 (Call 09/15/27)^(a)	EUR		300		299,649
Realty Income Corp.
2.50%, 01/14/42 (Call 07/14/41)	GBP		100		70,757
4.88%, 07/06/30	EUR		200		209,902
Roche Finance Europe BV, 3.20%, 08/27/29 (Call 05/27/29)^(a)	EUR		300		311,856
Roche Kapitalmarkt AG, Series 2024, 0.10%, 09/23/24 (Call 06/23/24)^(a)	CHF		350		378,994
Sanofi
1.25%, 03/21/34 (Call 12/21/33)^(a)	EUR		300		253,484
1.75%, 09/10/26 (Call 06/10/26)^(a)	EUR		500		501,640
Series 12FX, 1.38%, 03/21/30 (Call 12/21/29)^(a)	EUR		400		368,882
Series 8, 1.00%, 03/21/26 (Call 12/21/25)^(a)	EUR		600		595,001
Sanofi SR, 1.25%, 04/06/29 (Call 01/06/29)^(a)	EUR		400		374,348


Security		Par (000)		Value

United States (continued)
Schlumberger Finance BV
0.50%, 10/15/31 (Call 07/15/31)^(a)	EUR		300	$	243,606
1.38%, 10/28/26 (Call 07/28/26)^(a)	EUR		500		492,069
Schneider Electric SE
0.25%, 09/09/24 (Call 06/09/24)^(a)	EUR		400		410,508
0.25%, 03/11/29 (Call 12/11/28)^(a)	EUR		300		266,203
0.88%, 03/11/25 (Call 12/11/24)^(a)	EUR		200		204,025
1.38%, 06/21/27 (Call 03/21/27)^(a)	EUR		300		293,534
3.50%, 11/09/32^(a)	EUR		500		512,764
Simon International Finance SCA
1.13%, 03/19/33 (Call 12/19/32)^(a)	EUR		200		151,539
1.25%, 05/13/25 (Call 02/13/25)^(a)	EUR		270		272,440
Southern Co. (The), 1.88%, 09/15/81 (Call 06/15/27)^(b)	EUR		400		337,828
Southern Power Co., 1.85%, 06/20/26	EUR		100		100,214
Stellantis NV
0.63%, 03/30/27 (Call 12/30/26)^(a)	EUR		500		472,781
0.75%, 01/18/29 (Call 10/18/28)^(a)	EUR		600		534,706
1.25%, 06/20/33 (Call 03/20/33)^(a)	EUR		300		233,462
2.00%, 03/20/25 (Call 12/20/24)^(a)	EUR		500		515,315
2.75%, 04/01/32 (Call 01/01/32)^(a)	EUR		300		275,578
3.75%, 03/29/24^(a)	EUR		100		105,606
Stryker Corp., 2.63%, 11/30/30 (Call 08/30/30)	EUR		560		542,608
Swiss Re Finance UK PLC, 2.71%, 06/04/52 (Call 06/04/32)^(a)(b)	EUR		100		85,235
Thermo Fisher Scientific Finance I BV
1.13%, 10/18/33 (Call 07/18/33)	EUR		500		404,784
1.63%, 10/18/41 (Call 04/18/41)	EUR		500		343,118
Thermo Fisher Scientific Inc.
0.13%, 03/01/25 (Call 02/01/25)	EUR		500		502,472
0.50%, 03/01/28 (Call 12/01/27)	EUR		375		345,669
0.88%, 10/01/31 (Call 07/01/31)	EUR		300		252,238
1.40%, 01/23/26 (Call 11/23/25)	EUR		200		200,676
1.88%, 10/01/49 (Call 04/01/49)	EUR		300		184,280
2.38%, 04/15/32 (Call 01/15/32)	EUR		250		234,595
Time Warner Cable LLC, 5.75%, 06/02/31	GBP		250		281,684
Toyota Motor Credit Corp.
0.13%, 11/05/27^(a)	EUR		400		366,018
0.25%, 07/16/26^(a)	EUR		350		336,172
0.63%, 11/21/24^(a)	EUR		420		428,999
0.75%, 11/19/26^(a)	GBP		400		421,693
United Parcel Service Inc.
1.63%, 11/15/25 (Call 08/15/25)	EUR		350		355,208
5.13%, 02/12/50^(a)	GBP		50		56,792
Upjohn Finance BV, 1.91%, 06/23/32 (Call 03/23/32)^(a)	EUR		400		326,084
Utah Acquisition Sub Inc., 2.25%, 11/22/24 (Call 09/22/24)^(a)	EUR		530		547,573
Ventas Canada Finance Ltd., 2.45%, 01/04/27 (Call 12/04/26)	CAD		200		129,031
Verizon Communications Inc.
0.38%, 03/22/29 (Call 12/22/28)	EUR		527		460,158
0.88%, 04/02/25	EUR		690		699,445
1.00%, 11/30/27^(a)	CHF		200		211,206
1.38%, 10/27/26	EUR		400		393,982
1.38%, 11/02/28	EUR		500		467,490
1.85%, 05/18/40 (Call 11/18/39)	EUR		400		286,853
2.38%, 03/22/28 (Call 01/22/28)	CAD		200		126,246
2.63%, 12/01/31	EUR		450		424,986
3.00%, 03/23/31 (Call 12/23/30)	AUD		200		99,215
3.38%, 10/27/36	GBP		300		274,093


Security		Par (000)		Value

United States (continued)
4.05%, 02/17/25^(a)	AUD		200	$	124,708
4.05%, 03/22/51 (Call 09/22/50)	CAD		100		52,595
4.50%, 08/17/27^(a)	AUD		200		121,541
4.75%, 02/17/34	GBP		200		217,987
Series 20Y, 2.88%, 01/15/38	EUR		600		521,087
Series MPLE, 2.50%, 05/16/30 (Call 02/16/30)	CAD		200		118,629
VF Corp., 4.25%, 03/07/29 (Call 12/07/28)	EUR		400		403,721
Visa Inc.
2.00%, 06/15/29 (Call 04/15/29)	EUR		200		193,170
2.38%, 06/15/34 (Call 03/15/34)	EUR		200		185,787
Walgreens Boots Alliance Inc., 2.13%, 11/20/26 (Call 08/20/26)	EUR		200		192,245
Walmart Inc.
4.88%, 09/21/29	EUR		250		282,031
5.63%, 03/27/34^(a)	GBP		500		619,504
5.75%, 12/19/30	GBP		145		182,734
Walt Disney Co. (The), Series MPLE, 3.06%, 03/30/27	CAD		200		133,541
Wells Fargo & Co.
1.00%, 02/02/27^(a)	EUR		500		474,222
1.38%, 10/26/26^(a)	EUR		600		582,130
1.50%, 05/24/27^(a)	EUR		250		239,247
1.74%, 05/04/30 (Call 05/04/29), (3-mo. EURIBOR + 1.850%)^(a)(b)	EUR		520		475,809
2.00%, 07/28/25^(a)	GBP		580		657,417
2.13%, 09/24/31^(a)	GBP		300		271,681
3.18%, 02/08/24 (Call 01/08/24)	CAD		100		71,613
3.50%, 09/12/29^(a)	GBP		200		211,376
3.87%, 05/21/25	CAD		25		17,420
4.17%, 04/28/26 (Call 04/28/25)^(b)	CAD		300		210,382
Series MPLE, 2.49%, 02/18/27	CAD		300		194,724
Welltower Inc., 4.80%, 11/20/28 (Call 08/20/28)	GBP		300		340,947
Whirlpool Finance Luxembourg Sarl, 1.25%, 11/02/26 (Call 08/02/26)	EUR		600		585,152
WPC Eurobond BV
1.35%, 04/15/28 (Call 01/15/28)	EUR		200		180,204
2.25%, 07/19/24 (Call 05/19/24)	EUR		300		310,545
2.25%, 04/09/26 (Call 01/09/26)	EUR		150		149,965


					105,811,509


Total Corporate Bonds & Notes — 18.6% (Cost: $1,021,851,328)					886,172,108


Foreign Government Obligations

Australia — 2.5%
Airservices Australia, 5.40%, 11/15/28(Call 08/15/28)	AUD		200		127,023
Australia Government Bond
0.25%, 11/21/24^(a)	AUD		8,131		4,930,811
0.25%, 11/21/25^(a)	AUD		7,665		4,462,746
0.50%, 09/21/26^(a)	AUD		7,040		3,994,761
1.00%, 12/21/30^(a)	AUD		5,500		2,697,892
1.00%, 11/21/31^(a)	AUD		5,520		2,608,507
1.25%, 05/21/32	AUD		6,464		3,065,087
1.50%, 06/21/31^(a)	AUD		10,671		5,343,484
1.75%, 11/21/32^(a)	AUD		5,801		2,833,295
1.75%, 06/21/51^(a)	AUD		2,926		899,895
2.25%, 05/21/28^(a)	AUD		5,710		3,284,932
2.50%, 05/21/30^(a)	AUD		2,690		1,494,384


Security		Par (000)		Value

Australia (continued)
2.75%, 11/21/27^(a)	AUD		7,085	$	4,207,135
2.75%, 11/21/28^(a)	AUD		7,960		4,638,762
2.75%, 11/21/29^(a)	AUD		4,042		2,306,217
2.75%, 06/21/35^(a)	AUD		1,220		620,374
2.75%, 05/21/41^(a)	AUD		1,892		854,567
3.00%, 11/21/33^(a)	AUD		4,830		2,595,486
3.00%, 03/21/47^(a)	AUD		1,864		814,973
3.25%, 04/21/25^(a)	AUD		6,180		3,850,732
3.25%, 04/21/29^(a)	AUD		5,080		3,011,376
3.25%, 06/21/39^(a)	AUD		2,107		1,057,930
3.50%, 12/21/34^(a)	AUD		5,080		2,816,686
3.75%, 05/21/34^(a)	AUD		2,141		1,223,907
3.75%, 04/21/37^(a)	AUD		1,980		1,091,232
4.25%, 04/21/26^(a)	AUD		5,752		3,631,736
4.50%, 04/21/33^(a)	AUD		1,710		1,049,765
4.75%, 04/21/27^(a)	AUD		7,260		4,648,805
4.75%, 06/21/54	AUD		2,000		1,162,472
Australian Capital Territory
1.25%, 05/22/25^(a)	AUD		170		102,093
1.75%, 10/23/31	AUD		300		145,071
2.50%, 05/21/26^(a)	AUD		60		35,956
National Housing Finance and Investment Corp.,
1.52%, 05/27/30^(a)	AUD		500		254,901
New South Wales Treasury Corp.
1.25%, 03/20/25^(a)	AUD		890		538,789
1.25%, 11/20/30	AUD		1,530		742,303
1.50%, 02/20/32^(a)	AUD		800		372,710
1.75%, 03/20/34^(a)	AUD		1,825		797,884
2.00%, 03/20/31	AUD		600		303,415
2.00%, 03/08/33	AUD		3,220		1,504,363
2.25%, 11/20/40	AUD		300		111,683
2.25%, 05/07/41	AUD		1,050		386,638
2.50%, 11/22/32^(a)	AUD		400		199,078
3.00%, 05/20/27^(a)	AUD		5,600		3,345,195
3.00%, 03/20/28	AUD		4,040		2,372,220
3.00%, 11/15/28^(a)	AUD		1,390		805,476
3.00%, 04/20/29^(a)	AUD		1,150		659,045
4.00%, 05/20/26^(a)	AUD		700		436,275
4.25%, 02/20/36^(a)	AUD		1,000		542,692
5.00%, 08/20/24	AUD		150		95,482
Northern Territory Treasury Corp.
2.00%, 05/21/29	AUD		400		215,461
2.50%, 05/21/32	AUD		800		400,208
2.75%, 04/21/27	AUD		400		237,037
4.10%, 11/21/42^(a)	AUD		200		92,536
Queensland Treasury Corp.
1.25%, 03/10/31^(d)	AUD		500		240,037
1.50%, 03/02/32^(d)	AUD		500		234,578
1.50%, 08/20/32^(d)	AUD		300		137,932
1.75%, 08/21/31^(d)	AUD		1,710		838,876
1.75%, 07/20/34^(a)(d)	AUD		2,530		1,102,485
2.00%, 08/22/33	AUD		550		254,685
2.25%, 11/20/41^(d)	AUD		450		164,326
2.50%, 03/06/29^(a)	AUD		3,170		1,780,723
2.75%, 08/20/27^(d)	AUD		950		560,320
3.00%, 03/22/24^(d)	AUD		1,650		1,041,004
3.25%, 07/21/28^(a)(d)	AUD		1,130		668,157
3.25%, 08/21/29^(d)	AUD		842		486,431
3.50%, 08/21/30^(a)(d)	AUD		1,000		574,297
4.20%, 02/20/47^(a)	AUD		300		144,185
4.50%, 03/09/33^(a)(d)	AUD		1,000		587,403


Security		Par (000)		Value

Australia (continued)
4.75%, 07/21/25^(d)	AUD		2,680	$	1,701,542
5.75%, 07/22/24^(a)	AUD		400		255,793
South Australian Government Financing Authority
1.75%, 05/24/32^(a)	AUD		1,000		471,419
1.75%, 05/24/34^(a)	AUD		300		129,863
2.00%, 05/23/36^(a)	AUD		700		288,173
2.25%, 08/15/24^(a)	AUD		1,000		623,217
2.75%, 05/24/30	AUD		1,000		548,619
3.00%, 09/20/27^(a)	AUD		350		207,877
Tasmanian Public Finance Corp.
2.00%, 01/24/30^(a)	AUD		550		289,560
2.25%, 01/22/32^(a)	AUD		100		49,965
4.00%, 06/11/24^(a)	AUD		40		25,285
Treasury Corp., 2.40%, 08/18/50	AUD		200		63,316
Treasury Corp. of Victoria
0.50%, 11/20/25	AUD		1,700		989,696
1.25%, 11/19/27	AUD		1,500		824,477
1.50%, 11/20/30	AUD		760		374,510
1.50%, 09/10/31	AUD		4,340		2,056,699
2.00%, 09/17/35	AUD		500		210,565
2.00%, 11/20/37	AUD		1,240		481,777
2.25%, 09/15/33^(a)	AUD		2,700		1,261,220
2.25%, 11/20/34	AUD		1,160		518,967
2.25%, 11/20/41	AUD		300		107,969
2.50%, 10/22/29	AUD		2,890		1,584,479
3.00%, 10/20/28^(a)	AUD		760		439,769
4.25%, 12/20/32	AUD		2,220		1,269,825
4.75%, 09/15/36	AUD		1,600		899,302
5.50%, 12/17/24	AUD		620		396,894
5.50%, 11/17/26	AUD		1,000		646,675
Western Australian Treasury Corp.
1.50%, 10/22/30	AUD		500		249,698
1.75%, 10/22/31	AUD		1,000		488,270
2.00%, 10/24/34^(a)	AUD		1,000		446,975
2.50%, 07/23/24^(a)	AUD		100		62,515
2.75%, 07/24/29^(a)	AUD		900		506,906
3.00%, 10/21/26^(a)	AUD		900		544,284
3.00%, 10/21/27^(a)	AUD		540		320,738
3.25%, 07/20/28^(a)	AUD		500		295,905
5.00%, 07/23/25^(a)	AUD		50		31,884


					118,501,550

Austria — 0.9%
Austria Government Bond, 1.50%, 11/02/86^(d)	EUR		61		31,859
Autobahnen- und Schnell- strassen-Finanzierungs AG, 0.10%, 07/09/29^(a)	EUR		400		354,767
KAF Karntner Ausgleichszahlungs-Fonds, 0.00%, 01/14/32^(a)(e)	EUR		450		353,268
Republic of Austria Government Bond
0.00%, 04/20/25^(d)	EUR		2,000		2,015,762
0.00%, 10/20/28^(d)	EUR		2,450		2,224,227
0.00%, 02/20/30^(d)	EUR		1,033		895,759
0.00%, 02/20/31^(d)	EUR		2,256		1,882,444
0.00%, 10/20/40^(d)	EUR		1,033		590,208
0.25%, 10/20/36^(d)	EUR		1,459		1,011,277
0.50%, 04/20/27^(d)	EUR		1,670		1,620,019
0.50%, 02/20/29^(d)	EUR		2,774		2,562,950
0.70%, 04/20/71^(d)	EUR		710		274,035
0.75%, 10/20/26^(d)	EUR		2,634		2,606,928
0.75%, 02/20/28^(d)	EUR		2,417		2,322,156


Security		Par (000)		Value

Austria (continued)
0.75%, 03/20/51^(d)	EUR		1,580	$	833,510
0.85%, 06/30/2120^(d)	EUR		780		298,434
0.90%, 02/20/32^(d)	EUR		1,378		1,200,684
1.20%, 10/20/25^(d)	EUR		1,950		1,987,734
1.50%, 02/20/47^(d)	EUR		1,598		1,102,674
1.50%, 11/02/86^(d)	EUR		310		161,906
1.85%, 05/23/49^(d)	EUR		400		292,761
2.00%, 07/15/26^(d)	EUR		6,960		7,161,368
2.10%, 09/20/2117^(d)	EUR		711		459,344
2.40%, 05/23/34^(d)	EUR		1,002		960,856
2.90%, 02/20/33^(d)	EUR		2,680		2,717,078
3.15%, 06/20/44^(d)	EUR		1,276		1,239,484
3.15%, 10/20/53^(d)	EUR		1,030		972,302
3.80%, 01/26/62^(d)	EUR		635		677,261
4.15%, 03/15/37^(d)	EUR		1,674		1,861,717
4.85%, 03/15/26^(d)	EUR		2,014		2,212,659
6.25%, 07/15/27	EUR		958		1,124,607
State of Lower Austria, 3.63%, 10/04/33	EUR		200		210,752


					44,220,790

Belgium — 1.3%
Belfius Bank SA, 5.25%, 04/19/33(Call 01/19/28)^(a)(b)	EUR		100		103,066
Communaute Francaise de Belgique, 1.63%, 05/03/32^(a)	EUR		300		269,491
Kingdom of Belgium Government Bond
0.00%, 10/22/27^(d)	EUR		5,704		5,365,744
0.00%, 10/22/31^(d)	EUR		6,360		5,187,842
0.10%, 06/22/30^(d)	EUR		2,620		2,270,840
0.35%, 06/22/32^(d)	EUR		1,870		1,533,844
0.40%, 06/22/40^(d)	EUR		1,390		850,984
0.65%, 06/22/71^(d)	EUR		840		304,916
0.80%, 06/22/25^(d)	EUR		3,246		3,303,350
0.80%, 06/22/27^(d)	EUR		3,346		3,274,781
0.80%, 06/22/28^(d)	EUR		2,870		2,751,062
0.90%, 06/22/29^(d)	EUR		1,440		1,355,071
1.00%, 06/22/26^(d)	EUR		1,310		1,315,035
1.00%, 06/22/31^(d)	EUR		2,668		2,394,439
1.40%, 06/22/53^(d)	EUR		1,890		1,098,418
1.45%, 06/22/37^(d)	EUR		2,411		1,935,816
1.60%, 06/22/47^(d)	EUR		2,076		1,401,325
1.70%, 06/22/50^(d)	EUR		1,760		1,159,354
1.90%, 06/22/38^(d)	EUR		1,031		859,545
2.15%, 06/22/66^(d)	EUR		1,598		1,087,967
2.25%, 06/22/57^(d)	EUR		807		579,770
2.75%, 04/22/39^(d)	EUR		890		825,056
3.00%, 06/22/33^(d)	EUR		2,687		2,737,640
3.00%, 06/22/34^(d)	EUR		2,005		2,023,058
3.30%, 06/22/54^(a)(d)	EUR		1,458		1,329,857
3.45%, 06/22/43^(d)	EUR		2,000		1,968,749
3.75%, 06/22/45^(a)	EUR		1,151		1,178,196
4.00%, 03/28/32^(a)	EUR		1,970		2,184,843
4.25%, 03/28/41^(d)	EUR		2,417		2,674,083
4.50%, 03/28/26^(d)	EUR		1,270		1,387,012
5.00%, 03/28/35^(d)	EUR		818		977,039
5.50%, 03/28/28	EUR		1,829		2,134,561
Series 86, 1.25%, 04/22/33^(d)	EUR		690		606,501
Ministeries Van de Vlaamse Gemeenschap
0.13%, 10/15/35^(a)	EUR		400		273,120
0.30%, 10/20/31^(a)	EUR		500		409,148
0.88%, 03/21/46^(a)	EUR		300		165,026
1.00%, 10/13/36^(a)	EUR		400		298,494


Security		Par (000)		Value

Belgium (continued)
1.50%, 07/12/38^(a)	EUR		100	$	76,002
1.50%, 04/11/44^(a)	EUR		100		66,829
3.00%, 10/12/32^(a)	EUR		300		299,042
3.25%, 01/12/43^(a)	EUR		200		185,359
3.63%, 06/22/32^(a)	EUR		500		524,447
4.00%, 09/26/42^(a)	EUR		500		514,791
Region Wallonne Belgium
0.25%, 05/03/26^(a)	EUR		500		488,402
1.25%, 05/03/34^(a)	EUR		500		407,865
1.25%, 06/22/71^(a)	EUR		200		90,434
3.50%, 03/15/43^(a)	EUR		500		470,870


					62,699,084

Bulgaria — 0.0%
Bulgaria Government International Bond
0.38%, 09/23/30^(a)	EUR		400		319,546
1.38%, 09/23/50^(a)	EUR		200		109,007
2.63%, 03/26/27^(a)	EUR		100		101,974
2.95%, 09/03/24^(a)	EUR		200		209,241
3.00%, 03/21/28^(a)	EUR		100		101,688
3.13%, 03/26/35^(a)	EUR		100		89,410
4.13%, 09/23/29^(a)	EUR		100		103,936
4.63%, 09/23/34^(a)	EUR		300		306,493


					1,341,295

Canada — 4.2%
Canada Housing Trust No. 1
0.95%, 06/15/25^(d)	CAD		2,100		1,422,887
1.10%, 12/15/26^(d)	CAD		1,000		649,638
1.10%, 03/15/31^(d)	CAD		900		511,396
1.25%, 06/15/26^(d)	CAD		1,300		860,028
1.40%, 03/15/31^(d)	CAD		1,060		616,549
1.55%, 12/15/26^(d)	CAD		1,800		1,186,134
1.60%, 12/15/31^(d)	CAD		600		347,142
1.75%, 06/15/30^(d)	CAD		970		591,812
1.90%, 09/15/26^(d)	CAD		1,160		776,870
1.90%, 03/15/31^(d)	CAD		1,100		664,429
1.95%, 12/15/25^(d)	CAD		1,750		1,191,774
2.10%, 09/15/29^(d)	CAD		2,590		1,644,483
2.15%, 12/15/31^(d)	CAD		1,500		908,209
2.25%, 12/15/25^(d)	CAD		100		68,531
2.35%, 06/15/27^(d)	CAD		1,500		1,004,763
2.35%, 03/15/28^(d)	CAD		350		231,721
2.55%, 03/15/25^(d)	CAD		910		635,646
2.65%, 03/15/28^(d)	CAD		800		536,440
2.65%, 12/15/28^(d)	CAD		920		609,993
3.10%, 06/15/28^(d)	CAD		2,000		1,362,726
3.55%, 09/15/32^(d)	CAD		2,790		1,864,226
3.60%, 12/15/27^(d)	CAD		1,000		698,296
3.80%, 06/15/27^(d)	CAD		1,000		704,415
3.95%, 06/15/28^(d)	CAD		500		353,353
4.15%, 06/15/33^(d)	CAD		1,570		1,093,427
Canadian Government Bond
0.25%, 03/01/26	CAD		3,018		1,974,095
0.50%, 09/01/25	CAD		10,970		7,338,632
0.50%, 12/01/30	CAD		7,289		4,112,477
0.75%, 10/01/24	CAD		1,000		694,424
1.00%, 09/01/26	CAD		6,720		4,413,576
1.00%, 06/01/27	CAD		1,095		707,060
1.25%, 03/01/25	CAD		5,870		4,038,815
1.25%, 03/01/27	CAD		9,260		6,051,811
1.25%, 06/01/30	CAD		9,812		5,935,524


Security		Par (000)		Value

Canada (continued)
1.50%, 04/01/25	CAD		2,000	$	1,376,226
1.50%, 06/01/31	CAD		3,344		2,006,170
1.50%, 12/01/31	CAD		3,570		2,118,033
1.75%, 12/01/53	CAD		5,040		2,280,918
2.00%, 06/01/28	CAD		5,000		3,297,292
2.00%, 06/01/32	CAD		3,571		2,187,193
2.00%, 12/01/51	CAD		7,701		3,779,322
2.25%, 06/01/25	CAD		2,500		1,735,191
2.25%, 06/01/29	CAD		3,020		1,988,274
2.25%, 12/01/29	CAD		1,390		909,099
2.50%, 12/01/32	CAD		4,290		2,722,991
2.75%, 09/01/27	CAD		2,010		1,374,322
2.75%, 06/01/33	CAD		4,560		2,945,762
2.75%, 12/01/48	CAD		768		452,793
2.75%, 12/01/55	CAD		890		509,258
2.75%, 12/01/64	CAD		1,829		1,020,422
3.00%, 11/01/24	CAD		7,470		5,281,371
3.00%, 04/01/26	CAD		5,050		3,517,863
3.25%, 12/01/33	CAD		1,400		943,087
3.50%, 03/01/28	CAD		2,610		1,832,557
3.50%, 12/01/45	CAD		3,444		2,320,730
3.75%, 02/01/25	CAD		800		568,566
3.75%, 05/01/25	CAD		1,000		710,028
4.00%, 06/01/41	CAD		2,520		1,813,109
5.00%, 06/01/37	CAD		3,179		2,506,186
5.75%, 06/01/33	CAD		2,790		2,270,743
City of Montreal Canada
2.40%, 12/01/41	CAD		200		96,499
3.00%, 09/01/27	CAD		300		203,729
3.15%, 12/01/36	CAD		250		145,737
3.50%, 12/01/38	CAD		700		413,814
City of Ottawa Ontario
2.50%, 05/11/51	CAD		100		44,712
3.10%, 07/27/48	CAD		100		51,340
4.10%, 12/06/52	CAD		200		122,644
City of Toronto Canada
2.15%, 08/25/40	CAD		400		189,128
2.40%, 06/07/27	CAD		250		167,072
2.80%, 11/22/49	CAD		200		95,610
2.90%, 04/29/51	CAD		250		122,036
2.95%, 04/28/35	CAD		50		29,477
3.20%, 08/01/48	CAD		100		52,350
3.25%, 04/20/32	CAD		400		256,703
4.30%, 06/01/52	CAD		100		63,317
CPPIB Capital Inc.
0.25%, 01/18/41^(a)	EUR		290		164,908
1.13%, 12/14/29^(a)	GBP		250		243,886
1.63%, 10/22/71^(a)	GBP		250		110,457
1.95%, 09/30/29^(a)	CAD		500		311,693
3.25%, 03/08/28^(a)	CAD		1,000		684,179
3.95%, 06/02/32^(a)	CAD		500		338,653
Export Development Canada
0.25%, 03/07/26^(a)	EUR		600		591,039
4.00%, 02/19/26^(a)	GBP		100		118,704
Hydro-Quebec
2.00%, 09/01/28	CAD		500		321,351
2.10%, 02/15/60	CAD		1,100		431,186
4.00%, 02/15/55	CAD		1,090		682,138
4.00%, 02/15/63	CAD		800		497,729
5.00%, 02/15/45	CAD		600		433,191
5.00%, 02/15/50	CAD		1,120		823,856


Security		Par (000)		Value

Canada (continued)
6.00%, 08/15/31	CAD		200	$	155,863
6.00%, 02/15/40	CAD		910		727,587
6.50%, 02/15/35	CAD		400		327,525
Labrador-Island Link Funding Trust
3.85%, 12/01/53^(d)	CAD		300		185,737
Series A, 3.76%, 06/01/33^(d)	CAD		300		199,887
Municipal Finance Authority of British Columbia
3.30%, 04/08/32	CAD		200		128,949
3.35%, 06/01/27	CAD		500		345,683
Muskrat Falls/Labrador Transmission Assets Funding Trust
3.38%, 06/01/57	CAD		200		111,284
Series A, 3.63%, 06/01/29^(d)	CAD		300		206,961
OMERS Finance Trust, 0.45%, 05/13/25^(a)	EUR		250		251,394
Ontario Electricity Financial Corp., 8.25%, 06/22/26	CAD		300		234,530
Ontario Teachers’ Finance Trust
0.10%, 05/19/28^(a)	EUR		100		90,440
0.50%, 05/06/25^(a)	EUR		470		472,953
0.90%, 05/20/41^(a)	EUR		560		357,798
1.85%, 05/03/32^(a)	EUR		400		362,220
OPB Finance Trust, Series F 2.98%, 01/25/27(Call 10/25/26)	CAD		400		271,997
Province of Alberta Canada
0.63%, 01/16/26^(a)	EUR		200		199,105
1.65%, 06/01/31	CAD		1,300		755,414
2.05%, 06/01/30	CAD		1,100		678,068
2.20%, 06/01/26	CAD		300		203,177
2.35%, 06/01/25	CAD		350		242,617
2.55%, 06/01/27	CAD		1,080		726,911
2.90%, 12/01/28	CAD		1,050		701,954
2.90%, 09/20/29	CAD		300		197,807
2.95%, 06/01/52	CAD		470		239,021
3.05%, 12/01/48	CAD		1,030		539,714
3.10%, 06/01/50	CAD		1,640		865,293
3.30%, 12/01/46	CAD		1,390		770,641
3.45%, 12/01/43	CAD		25		14,457
3.90%, 12/01/33	CAD		200		133,290
Province of British Columbia Canada
0.88%, 10/08/25^(a)	EUR		300		302,012
1.55%, 06/18/31	CAD		500		287,844
2.20%, 06/18/30	CAD		1,540		957,951
2.30%, 06/18/26	CAD		200		135,745
2.55%, 06/18/27	CAD		300		201,903
2.75%, 06/18/52	CAD		450		219,551
2.80%, 06/18/48	CAD		1,170		588,116
2.85%, 06/18/25	CAD		550		383,889
2.95%, 12/18/28	CAD		200		133,953
2.95%, 06/18/50	CAD		820		420,495
3.20%, 06/18/44	CAD		1,400		778,163
4.25%, 12/18/53	CAD		600		392,915
4.30%, 06/18/42	CAD		1,510		995,659
4.95%, 06/18/40	CAD		170		121,741
5.00%, 06/18/31	CAD		120		88,031
6.35%, 06/18/31	CAD		40		31,793
Province of Manitoba Canada
2.05%, 06/02/31	CAD		600		358,521
2.05%, 09/05/52	CAD		870		347,669
2.45%, 06/02/25	CAD		50		34,703
2.55%, 06/02/26	CAD		200		136,642
2.60%, 06/02/27	CAD		200		134,788


Security		Par (000)		Value

Canada (continued)
2.75%, 06/02/29	CAD		300	$	196,954
2.85%, 09/05/46	CAD		590		297,519
3.00%, 06/02/28	CAD		300		202,695
3.20%, 03/05/50	CAD		230		122,207
3.25%, 09/05/29	CAD		600		402,703
3.40%, 09/05/48	CAD		690		381,249
3.80%, 09/05/53	CAD		500		295,471
3.90%, 12/02/32	CAD		600		402,646
4.10%, 03/05/41	CAD		400		254,169
4.60%, 03/05/38	CAD		70		47,946
Province of New Brunswick Canada 1.80%, 08/14/25	CAD		500		341,774
2.35%, 08/14/27	CAD		570		379,119
2.60%, 08/14/26	CAD		200		136,385
3.05%, 08/14/50	CAD		400		206,285
3.10%, 08/14/28	CAD		200		135,279
3.10%, 08/14/48	CAD		300		157,302
3.55%, 06/03/43	CAD		210		122,678
3.80%, 08/14/45	CAD		200		119,900
4.55%, 03/26/37	CAD		60		41,107
4.65%, 09/26/35	CAD		400		279,300
Province of Newfoundland and Labrador Canada 2.05%, 06/02/31	CAD		300		177,658
2.65%, 10/17/50	CAD		400		181,574
2.85%, 06/02/28	CAD		500		334,081
2.85%, 06/02/29	CAD		870		571,393
3.00%, 06/02/26	CAD		130		89,703
3.15%, 12/02/52	CAD		300		150,481
3.30%, 10/17/46	CAD		250		132,373
3.70%, 10/17/48	CAD		320		180,228
Province of Nova Scotia Canada 2.00%, 09/01/30	CAD		500		304,794
2.10%, 06/01/27	CAD		600		397,410
3.15%, 12/01/51	CAD		560		295,331
3.50%, 06/02/62	CAD		30		16,426
4.40%, 06/01/42	CAD		220		145,412
4.70%, 06/01/41	CAD		200		137,529
Province of Ontario 3.65%, 06/02/33	CAD		1,650		1,083,566
4.15%, 12/02/54	CAD		500		322,628
Province of Ontario Canada 0.00%, 11/25/30^(a)	EUR		300		247,754
0.25%, 12/15/26^(a)	GBP		320		335,316
0.38%, 04/08/27^(a)	EUR		200		191,060
0.63%, 04/17/25^(a)	EUR		400		404,951
1.05%, 09/08/27	CAD		300		190,085
1.35%, 09/08/26	CAD		300		197,440
1.35%, 12/02/30	CAD		1,500		867,070
1.75%, 09/08/25	CAD		1,300		886,365
1.85%, 02/01/27	CAD		500		331,200
1.90%, 12/02/51	CAD		2,020		808,034
2.05%, 06/02/30	CAD		1,550		955,653
2.15%, 06/02/31	CAD		900		543,329
2.25%, 12/02/31	CAD		1,000		600,607
2.30%, 09/08/24	CAD		300		211,389
2.40%, 06/02/26	CAD		2,860		1,947,290
2.55%, 12/02/52	CAD		1,500		699,698
2.60%, 06/02/25	CAD		2,050		1,426,291
2.60%, 06/02/27	CAD		1,360		917,406
2.65%, 02/05/25	CAD		1,000		700,589
2.65%, 12/02/50	CAD		2,300		1,108,828


Security		Par (000)		Value

Canada (continued)
2.70%, 06/02/29	CAD		960	$	629,380
2.80%, 06/02/48	CAD		1,640		827,690
2.90%, 06/02/28	CAD		2,500		1,683,516
2.90%, 12/02/46	CAD		2,100		1,089,311
2.90%, 06/02/49	CAD		2,160		1,105,246
3.40%, 09/08/28	CAD		400		274,781
3.45%, 06/02/45	CAD		3,960		2,284,894
3.50%, 06/02/43	CAD		1,620		953,116
3.60%, 03/08/28	CAD		1,000		694,559
3.75%, 06/02/32	CAD		1,750		1,169,556
3.75%, 12/02/53	CAD		2,330		1,398,911
4.60%, 06/02/39	CAD		2,140		1,475,960
4.65%, 06/02/41	CAD		2,250		1,555,680
4.70%, 06/02/37	CAD		1,703		1,194,351
5.60%, 06/02/35	CAD		500		381,995
5.85%, 03/08/33	CAD		290		224,393
6.20%, 06/02/31	CAD		580		457,089
6.50%, 03/08/29	CAD		50		39,319
Province of Prince Edward Island Canada,
2.65%, 12/01/51	CAD		300		139,815
Province of Quebec Canada
0.20%, 04/07/25^(a)	EUR		500		503,636
0.25%, 05/05/31^(a)	EUR		550		456,354
0.50%, 01/25/32^(a)	EUR		600		494,806
0.88%, 01/15/25^(a)	EUR		200		204,516
0.88%, 05/04/27^(a)	EUR		550		533,551
0.88%, 07/05/28^(a)	EUR		150		141,340
1.13%, 10/28/25^(a)	EUR		300		302,851
1.90%, 09/01/30	CAD		2,160		1,310,821
2.30%, 09/01/29	CAD		2,010		1,283,544
2.50%, 09/01/26	CAD		1,800		1,225,147
2.60%, 07/06/25	CAD		300		208,484
2.75%, 09/01/25	CAD		250		173,720
2.75%, 09/01/27	CAD		500		338,553
2.75%, 09/01/28	CAD		590		393,576
2.85%, 12/01/53	CAD		1,620		806,662
3.10%, 12/01/51	CAD		1,890		1,001,266
3.25%, 09/01/32	CAD		2,000		1,283,085
3.50%, 12/01/45	CAD		2,580		1,497,366
3.50%, 12/01/48	CAD		1,280		736,418
3.60%, 09/01/33	CAD		5,600		3,656,563
3.75%, 09/01/24	CAD		100		71,350
4.25%, 12/01/43	CAD		600		392,987
4.40%, 12/01/55	CAD		810		546,373
5.00%, 12/01/38	CAD		950		685,839
5.00%, 12/01/41	CAD		1,500		1,081,356
5.75%, 12/01/36	CAD		1,520		1,179,566
6.25%, 06/01/32	CAD		110		87,132
Province of Saskatchewan Canada
2.15%, 06/02/31	CAD		500		301,535
2.20%, 06/02/30	CAD		400		248,769
2.65%, 06/02/27	CAD		450		303,822
2.75%, 12/02/46	CAD		300		150,294
2.80%, 12/02/52	CAD		320		157,294
3.05%, 12/02/28	CAD		700		471,220
3.10%, 06/02/50	CAD		400		211,426
3.20%, 06/03/24	CAD		20		14,264
3.30%, 06/02/48	CAD		500		276,197
3.40%, 02/03/42	CAD		100		58,027
3.75%, 03/05/54	CAD		400		238,060
3.90%, 06/02/45	CAD		150		92,467


Security		Par (000)		Value

Canada (continued)
4.75%, 06/01/40	CAD		100	$	69,814
PSP Capital Inc. 1.50%, 03/15/28^(a)	CAD		450		285,414
3.00%, 11/05/25^(a)	CAD		200		139,090
3.75%, 06/15/29^(a)	CAD		500		345,528
4.15%, 06/01/33^(a)	CAD		500		340,896
Regional Municipality of Peel Ontario, 3.85%, 10/30/42	CAD		100		59,895
Regional Municipality of York, 2.60%, 12/15/25	CAD		50		34,438
South Coast British Columbia Transportation Authority
3.25%, 11/23/28	CAD		250		169,695
4.15%, 12/12/53	CAD		200		123,318

					198,707,824

Chile — 0.1%
Bonos de la Tesoreria de la Republica en pesos 4.50%, 03/01/26	CLP		780,000		827,134
4.70%, 09/01/30^(d)	CLP		1,395,000		1,391,631
5.00%, 10/01/28^(d)	CLP		600,000		627,414
5.00%, 03/01/35	CLP		600,000		592,790
5.10%, 07/15/50	CLP		250,000		236,569
6.00%, 04/01/33^(d)	CLP		400,000		428,088
6.00%, 01/01/43	CLP		315,000		336,697
7.00%, 05/01/34^(d)	CLP		400,000		461,254
Chile Government International Bond 0.10%, 01/26/27 (Call 12/26/26)	EUR		200		186,268
0.56%, 01/21/29 (Call 11/21/28)	EUR		200		175,001
0.83%, 07/02/31 (Call 04/02/31)	EUR		100		81,755
1.25%, 01/29/40 (Call 10/31/39)	EUR		300		196,098
1.25%, 01/22/51 (Call 07/31/50)	EUR		200		100,717
1.30%, 07/26/36 (Call 04/26/36)	EUR		200		144,597
1.63%, 01/30/25	EUR		300		306,704
1.75%, 01/20/26	EUR		300		300,552
4.13%, 07/05/34	EUR		200		199,434

					6,592,703

China — 18.6%
Agricultural Development Bank of China 2.25%, 04/22/25	CNY		95,000		12,942,575
2.50%, 08/24/27	CNY		65,800		8,958,231
2.60%, 12/01/25	CNY		5,000		684,656
2.83%, 08/11/29	CNY		3,000		410,807
2.83%, 06/16/33	CNY		13,600		1,853,202
2.87%, 05/14/27	CNY		5,000		689,183
2.96%, 04/17/30	CNY		30,500		4,204,429
2.97%, 10/14/32	CNY		26,000		3,580,840
2.99%, 08/11/26	CNY		62,000		8,574,646
3.06%, 06/06/32	CNY		101,030		14,004,145
3.10%, 02/27/33	CNY		11,000		1,531,576
3.30%, 11/05/31	CNY		30,000		4,225,202
3.35%, 03/24/26	CNY		40,000		5,569,563
3.48%, 02/04/28	CNY		15,000		2,115,056
3.52%, 05/24/31	CNY		30,000		4,280,887
3.63%, 07/19/26	CNY		27,800		3,904,548
3.74%, 07/12/29	CNY		69,500		9,981,079
3.75%, 01/25/29	CNY		38,650		5,540,141
3.79%, 10/26/30	CNY		54,000		7,822,526
3.85%, 01/06/27	CNY		71,100		10,088,341
3.95%, 02/26/31	CNY		13,000		1,899,614
4.00%, 11/12/25	CNY		46,000		6,469,806


Security		Par (000)		Value

China (continued)
4.65%, 05/11/28	CNY		31,000	$	4,592,180
4.98%, 01/12/25	CNY		20,000		2,814,010
China Development Bank 2.52%, 05/25/28	CNY		6,550		893,212
2.69%, 06/16/27	CNY		35,000		4,803,234
2.77%, 10/24/32	CNY		96,600		13,112,628
2.83%, 09/10/26	CNY		25,000		3,445,327
2.98%, 04/22/32	CNY		44,000		6,066,300
3.00%, 01/17/32	CNY		141,500		19,532,339
3.02%, 03/06/33	CNY		31,750		4,402,244
3.05%, 08/25/26	CNY		72,000		9,971,121
3.07%, 03/10/30	CNY		45,000		6,250,557
3.09%, 06/18/30	CNY		36,450		5,062,999
3.12%, 09/13/31	CNY		39,000		5,429,050
3.18%, 04/05/26	CNY		10,000		1,387,421
3.23%, 01/10/25	CNY		155,000		21,383,013
3.41%, 06/07/31	CNY		10,000		1,418,367
3.43%, 01/14/27	CNY		20,000		2,807,362
3.45%, 09/20/29	CNY		17,000		2,412,465
3.48%, 01/08/29	CNY		225,500		31,954,281
3.50%, 08/13/26	CNY		8,200		1,148,855
3.65%, 05/21/29	CNY		114,500		16,387,161
3.66%, 03/01/31	CNY		46,900		6,838,663
3.68%, 02/26/26	CNY		63,000		8,832,875
3.70%, 10/20/30	CNY		45,050		6,496,627
3.74%, 09/10/25	CNY		77,000		10,759,891
3.80%, 01/25/36	CNY		90,000		13,365,658
4.15%, 10/26/25	CNY		38,000		5,354,360
4.21%, 04/13/25	CNY		23,000		3,220,956
4.73%, 04/02/25	CNY		37,500		5,285,007
4.88%, 02/09/28	CNY		34,900		5,197,033
5.25%, 06/24/28	CNY		10,000		1,524,531
China Government Bond 1.99%, 04/09/25	CNY		347,100		47,193,376
2.18%, 08/25/25	CNY		118,310		16,119,440
2.26%, 02/24/25	CNY		59,000		8,058,727
2.28%, 11/25/25	CNY		104,000		14,179,066
2.37%, 01/20/27	CNY		150,000		20,437,412
2.44%, 10/15/27	CNY		8,000		1,090,404
2.48%, 04/15/27	CNY		107,000		14,612,810
2.48%, 09/25/28	CNY		18,550		2,529,064
2.50%, 07/25/27	CNY		95,000		12,980,257
2.52%, 08/25/33	CNY		26,090		3,513,296
2.60%, 09/01/32	CNY		124,760		16,898,809
2.62%, 09/25/29	CNY		72,300		9,866,607
2.64%, 01/15/28	CNY		15,000		2,060,929
2.68%, 05/21/30	CNY		262,860		35,923,813
2.69%, 08/12/26	CNY		120,000		16,526,449
2.69%, 08/15/32	CNY		26,900		3,669,353
2.70%, 11/03/26	CNY		5,000		689,142
2.74%, 08/04/26	CNY		33,000		4,550,697
2.75%, 06/15/29	CNY		135,000		18,565,948
2.75%, 02/17/32	CNY		59,520		8,158,227
2.79%, 12/15/29	CNY		112,000		15,420,314
2.80%, 03/24/29	CNY		90,000		12,408,770
2.80%, 11/15/32	CNY		100,320		13,832,752
2.85%, 06/04/27	CNY		86,000		11,908,318
2.88%, 02/25/33	CNY		43,020		5,987,150
2.90%, 05/05/26	CNY		113,000		15,648,231
3.02%, 05/27/31	CNY		20,000		2,805,637
3.12%, 12/05/26	CNY		36,050		5,035,429


Security		Par (000)		Value

China (continued)
3.12%, 10/25/52	CNY		38,300	$	5,298,743
3.25%, 11/22/28	CNY		46,000		6,519,692
3.27%, 03/25/73	CNY		78,890		11,168,803
3.39%, 03/16/50	CNY		123,800		17,843,478
3.52%, 04/25/46	CNY		8,000		1,171,301
3.53%, 10/18/51	CNY		5,000		740,307
3.54%, 08/16/28	CNY		4,000		575,449
3.72%, 04/12/51	CNY		94,890		14,485,876
3.73%, 05/25/70	CNY		21,520		3,374,821
3.74%, 09/22/35	CNY		42,290		6,352,219
3.81%, 09/14/50	CNY		69,500		10,749,556
3.86%, 07/22/49	CNY		14,000		2,175,526
3.97%, 07/23/48	CNY		30,600		4,825,350
4.00%, 06/24/69	CNY		27,250		4,518,953
4.05%, 07/24/47	CNY		18,400		2,929,749
4.08%, 10/22/48	CNY		42,800		6,893,072
4.22%, 03/19/48	CNY		4,000		656,901
4.50%, 06/23/41	CNY		10,850		1,839,859
China Government Bonds, 3.53%, 10/18/51	CNY		32,400		4,797,189
China Government International Bond
0.13%, 11/12/26 (Call 08/12/26)^(a)	EUR		800		758,286
0.50%, 11/12/31 (Call 08/12/31)^(a)	EUR		300		251,092
0.63%, 11/17/33^(a)	EUR		400		312,755
1.00%, 11/12/39 (Call 08/12/39)^(a)	EUR		200		137,550
Export-Import Bank of China (The) 2.74%, 09/05/29	CNY		2,000		272,974
2.82%, 06/17/27	CNY		29,650		4,082,758
2.90%, 08/19/32	CNY		64,300		8,807,323
2.92%, 04/17/30	CNY		2,600		357,572
2.93%, 03/02/25	CNY		68,100		9,366,698
3.10%, 02/13/33	CNY		24,000		3,342,444
3.18%, 03/11/32	CNY		56,250		7,858,154
3.22%, 05/14/26	CNY		39,000		5,418,696
3.23%, 03/23/30	CNY		21,500		3,008,331
3.26%, 02/24/27	CNY		18,250		2,548,056
3.33%, 02/22/26	CNY		50,000		6,953,355
3.38%, 07/16/31	CNY		22,000		3,114,523
3.43%, 10/23/25	CNY		64,000		8,901,630
3.74%, 11/16/30	CNY		29,000		4,188,735
3.86%, 05/20/29	CNY		84,200		12,151,396
3.87%, 09/14/25	CNY		11,000		1,540,717
3.88%, 01/12/36	CNY		5,700		850,518
4.11%, 03/20/27	CNY		7,000		1,002,857
4.89%, 03/26/28	CNY		24,750		3,692,415

					887,986,886

Colombia — 0.2%
Colombia TES, 13.25%, 02/09/33	COP		3,000,000		787,948
Colombian TES 9.25%, 05/28/42	COP		5,000,000		966,670
Series B, 5.75%, 11/03/27	COP		5,148,700		1,046,122
Series B, 6.00%, 04/28/28	COP		3,890,900		783,578
Series B, 6.25%, 11/26/25	COP		6,268,700		1,404,196
Series B, 6.25%, 07/09/36	COP		3,000,000		469,192
Series B, 7.00%, 03/26/31	COP		5,000,000		959,316
Series B, 7.00%, 06/30/32	COP		8,989,600		1,654,714
Series B, 7.25%, 10/18/34	COP		4,501,400		798,024
Series B, 7.75%, 09/18/30	COP		2,864,600		583,463

					9,453,223


Security		Par (000)		Value

Croatia — 0.1%
Croatia Government International Bond
1.13%, 06/19/29^(a)	EUR		150	$	135,984
1.13%, 03/04/33^(a)	EUR		200		164,112
1.50%, 06/17/31^(a)	EUR		790		701,583
1.75%, 03/04/41^(a)	EUR		180		128,279
2.70%, 06/15/28^(a)	EUR		300		303,182
2.75%, 01/27/30^(a)	EUR		250		247,768
2.88%, 04/22/32^(a)	EUR		100		96,827
3.00%, 03/20/27^(a)	EUR		200		206,368
4.00%, 06/14/35^(a)	EUR		300		311,002

					2,295,105

Cyprus — 0.0%
Cyprus Government International Bond
0.95%, 01/20/32^(a)	EUR		590		497,968
1.25%, 01/21/40^(a)	EUR		472		314,583
2.38%, 09/25/28^(a)	EUR		400		398,290
4.25%, 11/04/25^(a)	EUR		300		322,048

					1,532,889

Czech Republic — 0.3%
Czech Republic Government Bond
0.05%, 11/29/29	CZK		19,930		656,815
0.95%, 05/15/30^(a)	CZK		16,960		583,575
1.00%, 06/26/26^(a)	CZK		44,520		1,749,657
1.20%, 03/13/31	CZK		35,180		1,198,470
1.25%, 02/14/25	CZK		37,500		1,535,090
1.50%, 04/24/40	CZK		21,960		599,049
1.75%, 06/23/32	CZK		31,000		1,067,394
1.95%, 07/30/37	CZK		10,620		332,230
2.00%, 10/13/33	CZK		39,920		1,359,822
2.50%, 08/25/28^(a)	CZK		37,930		1,493,306
2.75%, 07/23/29	CZK		31,910		1,250,157
4.20%, 12/04/36^(a)	CZK		19,490		797,391
5.00%, 09/30/30	CZK		15,150		669,223
5.70%, 05/25/24^(a)	CZK		11,440		494,428

					13,786,607

Denmark — 0.3%
Denmark Government Bond
0.00%, 11/15/24	DKK		6,400		876,650
0.00%, 11/15/31	DKK		16,682		1,875,527
0.25%, 11/15/52	DKK		9,395		605,462
0.50%, 11/15/27	DKK		20,594		2,664,758
0.50%, 11/15/29	DKK		10,828		1,338,254
1.75%, 11/15/25	DKK		18,670		2,577,673
2.25%, 11/15/33	DKK		3,280		431,925
4.50%, 11/15/39	DKK		14,399		2,370,009
7.00%, 11/10/24	DKK		2,000		294,123
Kommunekredit
0.00%, 11/17/29	EUR		300		260,942
0.00%, 05/04/34^(a)	EUR		450		330,627
0.50%, 01/24/25^(a)	EUR		300		305,392
0.63%, 05/11/26^(a)	EUR		400		395,456
0.75%, 05/18/27^(a)	EUR		120		116,439
0.88%, 11/03/36^(a)	EUR		500		378,454
2.88%, 01/19/35^(a)	EUR		300		295,662

					15,117,353

Finland — 0.4%
Finland Government Bond
0.00%, 09/15/26^(d)	EUR		1,718		1,666,206
0.13%, 09/15/31^(d)	EUR		1,152		954,918
0.13%, 04/15/36^(d)	EUR		738		511,995


Security		Par (000)		Value

Finland (continued)
0.13%, 04/15/52^(d)	EUR		872	$	363,106
0.25%, 09/15/40^(d)	EUR		783		476,572
0.50%, 04/15/26^(d)	EUR		1,445		1,438,300
0.50%, 09/15/27^(d)	EUR		526		505,428
0.50%, 09/15/28^(d)	EUR		506		473,429
0.50%, 09/15/29^(d)	EUR		1,083		986,686
0.50%, 04/15/43^(a)(d)	EUR		810		481,133
0.75%, 04/15/31^(d)	EUR		1,390		1,232,133
1.13%, 04/15/34^(d)	EUR		896		758,162
1.38%, 04/15/47^(d)	EUR		707		484,828
2.63%, 07/04/42^(d)	EUR		733		667,534
2.75%, 07/04/28^(d)	EUR		1,570		1,639,412
2.75%, 04/15/38^(d)	EUR		576		546,791
3.00%, 09/15/33^(d)	EUR		1,380		1,410,402
4.00%, 07/04/25^(d)	EUR		3,000		3,209,924
Finnvera OYJ 0.38%, 04/09/29^(a)	EUR		300		272,248
0.50%, 04/13/26^(a)	EUR		200		197,381
0.75%, 08/07/28^(a)	EUR		200		188,860
1.13%, 05/17/32^(a)	EUR		100		88,321
Kuntarahoitus OYJ 1.13%, 06/19/25^(a)	GBP		500		568,362
3.13%, 07/29/30^(a)	EUR		1,000		1,044,607

					20,166,738

France — 6.9%
Action Logement Services 0.50%, 10/30/34^(a)	EUR		200		148,020
0.75%, 07/19/41^(a)	EUR		300		180,622
3.13%, 09/28/37^(a)	EUR		200		188,597
4.13%, 10/03/38^(a)	EUR		400		417,827
Agence Francaise de Developpement EPIC 0.00%, 03/25/25^(a)	EUR		200		201,163
0.25%, 07/21/26^(a)	EUR		700		679,462
0.25%, 06/29/29^(a)	EUR		1,100		971,162
0.50%, 05/25/30^(a)	EUR		400		348,787
1.00%, 01/31/28^(a)	EUR		200		191,616
1.38%, 07/05/32^(a)	EUR		1,200		1,055,908
1.50%, 10/31/34^(a)	EUR		300		254,231
1.63%, 05/25/32^(a)	EUR		500		450,558
3.38%, 05/25/33^(a)	EUR		1,000		1,025,085
Agence France Locale 0.00%, 09/20/27^(a)	EUR		300		277,747
0.20%, 03/20/29^(a)	EUR		500		443,610
0.50%, 06/20/24^(a)	EUR		100		103,449
Bpifrance SACA 0.05%, 09/26/29^(a)	EUR		300		260,380
0.13%, 11/25/28^(a)	EUR		1,200		1,077,688
0.25%, 03/29/30^(a)	EUR		200		172,950
0.63%, 05/25/26^(a)	EUR		600		591,954
0.75%, 11/25/24^(a)	EUR		100		102,477
0.88%, 09/26/28^(a)	EUR		500		468,822
1.00%, 05/25/27^(a)	EUR		1,000		974,156
1.88%, 05/25/30^(a)	EUR		300		287,970
2.50%, 05/25/24^(a)	EUR		100		104,963
3.00%, 09/10/26^(a)	EUR		600		628,194
3.13%, 05/25/33^(a)	EUR		100		101,833
3.50%, 09/27/27^(a)	EUR		1,600		1,698,547
Caisse d’Amortissement de la Dette Sociale 0.00%, 02/25/28^(a)	EUR		2,000		1,837,021
0.00%, 05/25/29^(a)	EUR		1,400		1,233,345
0.00%, 05/25/31^(a)	EUR		1,000		819,123


Security		Par (000)		Value

France (continued)
0.13%, 09/15/31^(a)	EUR		1,000	$	818,715
0.45%, 01/19/32^(a)	EUR		800		665,520
0.60%, 11/25/29^(a)	EUR		400		359,551
1.38%, 11/25/24^(a)	EUR		1,300		1,341,465
2.75%, 11/25/32^(a)	EUR		1,700		1,691,715
2.88%, 05/25/27^(a)	EUR		800		833,446
3.00%, 11/25/31^(a)	EUR		500		511,597
3.13%, 03/01/30^(a)	EUR		1,000		1,043,654
4.00%, 12/15/25^(a)	EUR		540		577,403
Caisse de Refinancement de l’Habitat SA,
2.38%, 03/05/24^(a)	CHF		150		165,112
Caisse des Depots et Consignations
3.13%, 05/25/33^(a)	EUR		500		511,124
3.38%, 11/25/30^(a)	EUR		500		527,156
Caisse Francaise de Financement Local
0.00%, 05/07/25^(a)	EUR		400		399,904
0.00%, 06/24/30^(a)	EUR		500		418,493
0.00%, 03/18/31^(a)	EUR		400		325,415
0.10%, 11/13/29^(a)	EUR		200		172,174
0.13%, 02/15/36^(a)	EUR		200		135,008
0.38%, 05/11/24^(a)	EUR		300		311,510
0.38%, 06/23/25^(a)	EUR		200		200,459
0.38%, 01/20/32^(a)	EUR		300		244,109
0.38%, 02/13/40^(a)	EUR		100		61,009
0.50%, 01/19/26^(a)	EUR		100		98,873
0.50%, 02/19/27^(a)	EUR		800		767,435
0.63%, 04/13/26^(a)	EUR		300		295,481
0.63%, 01/20/42^(a)	EUR		500		303,389
0.75%, 01/11/27^(a)	EUR		100		97,015
0.75%, 09/27/27^(a)	EUR		200		190,660
1.13%, 12/01/31^(a)	EUR		300		261,912
1.25%, 05/11/32^(a)	EUR		200		174,393
1.45%, 01/16/34^(a)	EUR		400		340,591
1.50%, 06/28/38^(a)	EUR		200		155,013
3.25%, 02/19/29^(a)	EUR		200		208,198
French Republic Government Bond OAT
0.00%, 02/25/25^(a)	EUR		7,020		7,109,363
0.00%, 03/25/25^(a)	EUR		5,935		5,997,312
0.00%, 02/25/26^(a)	EUR		20,904		20,613,778
0.00%, 02/25/27^(a)	EUR		9,500		9,102,929
0.00%, 11/25/29^(a)	EUR		2,096		1,845,209
0.00%, 11/25/30^(a)	EUR		6,540		5,556,877
0.00%, 11/25/31^(a)	EUR		11,290		9,238,187
0.00%, 05/25/32^(a)	EUR		8,840		7,100,874
0.25%, 11/25/26^(a)	EUR		4,717		4,587,834
0.50%, 05/25/25^(a)	EUR		5,342		5,415,648
0.50%, 05/25/26^(a)	EUR		6,697		6,641,935
0.50%, 05/25/29^(a)	EUR		9,279		8,548,453
0.50%, 05/25/40^(d)	EUR		4,490		2,850,973
0.50%, 06/25/44^(d)	EUR		4,701		2,621,132
0.50%, 05/25/72^(d)	EUR		1,640		535,072
0.75%, 02/25/28^(a)	EUR		12,453		11,977,374
0.75%, 05/25/28^(a)	EUR		14,201		13,583,902
0.75%, 11/25/28^(a)	EUR		11,669		11,041,040
0.75%, 05/25/52^(a)	EUR		4,640		2,259,887
0.75%, 05/25/53^(d)	EUR		5,978		2,835,977
1.00%, 11/25/25^(a)	EUR		11,150		11,298,600
1.00%, 05/25/27^(a)	EUR		6,641		6,551,014
1.25%, 05/25/34^(a)	EUR		6,700		5,717,548
1.25%, 05/25/36^(d)	EUR		8,140		6,582,608
1.25%, 05/25/38^(a)	EUR		2,880		2,205,228


Security		Par (000)		Value

France (continued)
1.50%, 05/25/31^(a)	EUR		10,420	$	9,803,160
1.50%, 05/25/50^(d)	EUR		6,668		4,264,363
1.75%, 11/25/24^(a)	EUR		5,165		5,366,318
1.75%, 06/25/39^(d)	EUR		4,673		3,808,431
1.75%, 05/25/66^(d)	EUR		4,115		2,476,118
2.00%, 11/25/32^(a)	EUR		8,350		7,929,462
2.00%, 05/25/48^(d)	EUR		5,805		4,312,013
2.50%, 09/24/26^(a)	EUR		8,000		8,327,729
2.50%, 05/25/30^(a)	EUR		4,927		5,027,570
2.50%, 05/25/43^(d)	EUR		1,820		1,564,741
2.75%, 10/25/27^(a)	EUR		11,925		12,487,727
2.75%, 02/25/29^(a)	EUR		3,380		3,519,507
3.00%, 05/25/33^(a)	EUR		6,500		6,671,072
3.00%, 05/25/54^(a)(d)	EUR		3,340		2,911,818
3.25%, 05/25/45^(a)	EUR		5,660		5,448,744
3.50%, 04/25/26^(a)	EUR		2,701		2,884,973
4.00%, 10/25/38^(a)	EUR		3,775		4,125,105
4.00%, 04/25/55^(d)	EUR		2,701		2,861,640
4.00%, 04/25/60^(a)	EUR		2,929		3,107,189
4.50%, 04/25/41^(a)	EUR		4,343		5,008,666
4.75%, 04/25/35^(a)	EUR		2,229		2,627,466
5.50%, 04/25/29^(a)	EUR		2,118		2,508,325
5.75%, 10/25/32^(a)	EUR		3,679		4,617,528
6.00%, 10/25/25^(a)	EUR		504		561,862
Gestion Securite de Stocks Securite SA
0.63%, 10/20/28^(a)	EUR		200		184,229
3.38%, 06/29/30^(a)	EUR		500		522,228
Ile de France, 0.00%, 04/20/28^(a)	EUR		300		272,916
Ile-de-France Mobilites, 3.40%, 05/25/43^(a)	EUR		200		187,679
Regie Autonome des Transports Parisiens,
1.88%, 05/25/32^(a)	EUR		100		91,428
Region of Ile de France
0.50%, 06/14/25^(a)	EUR		200		201,190
2.90%, 04/30/31^(a)	EUR		600		605,604
SFIL SA
0.25%, 12/01/31^(a)	EUR		300		243,616
1.50%, 03/05/32^(a)	EUR		200		179,748
3.25%, 11/25/30^(a)	EUR		1,000		1,037,186
SNCF Reseau
2.63%, 12/29/25^(a)	EUR		300		311,735
5.00%, 03/11/52^(a)	GBP		200		218,008
Societe Du Grand Paris EPIC
0.00%, 11/25/30^(a)	EUR		700		578,210
0.30%, 11/25/31^(a)	EUR		400		325,594
0.70%, 10/15/60^(a)	EUR		500		174,487
1.00%, 11/26/51^(a)	EUR		200		97,046
1.00%, 02/18/70^(a)	EUR		400		144,643
1.13%, 05/25/34^(a)	EUR		600		486,256
1.63%, 04/08/42^(a)	EUR		600		424,242
1.70%, 05/25/50^(a)	EUR		300		187,002
3.70%, 05/25/53^(a)	EUR		200		188,096
Societe Nationale SNCF SA
0.63%, 04/17/30^(a)	EUR		400		351,222
0.88%, 02/28/51^(a)	EUR		300		134,970
1.00%, 05/25/40^(a)	EUR		100		64,914
1.00%, 01/19/61^(a)	EUR		500		188,949
Unedic Asseo
0.00%, 05/25/31^(a)	EUR		1,200		989,085
0.10%, 11/25/26^(a)	EUR		600		575,636
0.13%, 11/25/24	EUR		200		203,458
0.25%, 11/25/29^(a)	EUR		1,400		1,235,947


Security		Par (000)		Value

France (continued)
0.25%, 07/16/35^(a)	EUR		1,100	$	791,225
0.50%, 03/20/29^(a)	EUR		500		457,077
0.63%, 02/17/25^(a)	EUR		700		712,612
0.63%, 03/03/26^(a)	EUR		600		595,371
0.88%, 05/25/28^(a)	EUR		100		95,085
1.25%, 10/21/27^(a)	EUR		300		293,415
1.25%, 05/25/33^(a)	EUR		200		173,543
1.50%, 04/20/32^(a)	EUR		300		273,539
1.75%, 11/25/32^(a)	EUR		500		460,118
Ville de Paris, 1.38%, 11/20/34^(a)	EUR		100		82,248

					329,884,604

Germany — 5.6%
Bundesobligation
0.00%, 04/11/25^(a)	EUR		4,410		4,458,695
0.00%, 10/10/25^(a)	EUR		4,302		4,296,577
0.00%, 04/10/26^(a)	EUR		2,904		2,868,685
0.00%, 10/09/26^(a)	EUR		2,009		1,961,099
0.00%, 04/16/27^(a)	EUR		1,705		1,644,598
1.30%, 10/15/27^(a)	EUR		1,195		1,201,524
2.20%, 04/13/28^(a)	EUR		2,440		2,532,184
Series G, 0.00%, 10/10/25^(a)	EUR		6,012		6,011,249
Bundesrepublik Deutschland Bundesanleihe
0.00%, 08/15/26^(a)	EUR		14,645		14,352,156
0.00%, 11/15/27^(a)	EUR		1,987		1,891,300
0.00%, 11/15/28^(a)	EUR		7,168		6,660,879
0.00%, 08/15/29^(a)	EUR		7,100		6,469,561
0.00%, 02/15/30^(a)	EUR		5,150		4,630,410
0.00%, 08/15/30^(a)	EUR		5,010		4,443,388
0.00%, 02/15/31^(a)	EUR		3,180		2,779,180
0.00%, 08/15/31^(a)	EUR		3,191		2,748,899
0.00%, 02/15/32^(a)	EUR		4,910		4,163,610
0.00%, 05/15/35^(a)	EUR		3,935		2,985,848
0.00%, 05/15/36^(a)	EUR		4,460		3,270,039
0.00%, 08/15/50^(a)	EUR		7,030		3,344,700
0.00%, 08/15/52^(a)	EUR		3,920		1,757,957
0.25%, 02/15/27^(a)	EUR		9,098		8,887,829
0.25%, 08/15/28^(a)	EUR		3,268		3,094,653
0.25%, 02/15/29^(a)	EUR		5,881		5,507,303
0.50%, 02/15/25^(a)	EUR		9,379		9,577,580
0.50%, 02/15/26^(a)	EUR		5,753		5,765,458
0.50%, 08/15/27^(a)	EUR		10,775		10,525,178
0.50%, 02/15/28^(a)	EUR		8,994		8,704,234
1.00%, 08/15/25^(a)	EUR		4,302		4,389,889
1.00%, 05/15/38^(a)	EUR		4,392		3,545,695
1.25%, 08/15/48^(a)	EUR		5,853		4,269,519
1.70%, 08/15/32^(a)	EUR		2,679		2,608,685
1.80%, 08/15/53^(a)	EUR		5,760		4,580,320
2.10%, 11/15/29^(a)	EUR		4,120		4,227,625
2.30%, 02/15/33^(a)	EUR		9,970		10,156,200
2.50%, 07/04/44^(a)	EUR		4,877		4,701,965
2.50%, 08/15/46^(a)	EUR		4,963		4,756,624
2.60%, 08/15/33	EUR		6,950		7,224,974
3.25%, 07/04/42^(a)	EUR		3,467		3,751,225
4.00%, 01/04/37^(a)	EUR		2,928		3,437,233
4.25%, 07/04/39^(a)	EUR		2,436		2,956,294
4.75%, 07/04/28^(a)	EUR		709		819,246
4.75%, 07/04/34^(a)	EUR		2,807		3,482,703
4.75%, 07/04/40^(a)	EUR		2,560		3,299,062
5.50%, 01/04/31^(a)	EUR		1,905		2,383,339
5.63%, 01/04/28^(a)	EUR		1,289		1,522,501
6.25%, 01/04/30^(a)	EUR		946		1,204,812


Security	Par (000)		Value

Germany (continued)
6.50%, 07/04/27^(a)	EUR	1,183	$	1,412,835
Series G, 0.00%, 08/15/30^(a)	EUR	1,710		1,518,818
Series G, 0.00%, 08/15/31^(a)	EUR	2,500		2,154,969
Series G, 0.00%, 08/15/50^(a)	EUR	1,270		607,891
Bundesschatzanweisungen 2.20%, 12/12/24^(a)	EUR	7,000		7,310,044
3.10%, 09/18/25	EUR	3,000		3,175,314
Free and Hanseatic City of Hamburg 0.00%, 04/07/26^(a)	EUR	300		292,871
0.00%, 09/29/31	EUR	300		245,062
0.25%, 02/18/41^(a)	EUR	200		118,007
0.40%, 11/23/51	EUR	200		87,480
0.50%, 04/27/26^(a)	EUR	400		394,877
1.45%, 11/05/38^(a)	EUR	100		78,578
Free State of Bavaria, 0.00%, 05/07/27^(a)	EUR	700		662,571
Free State of Saxony, 0.00%, 11/05/29^(a)	EUR	200		174,771
Gemeinsame Deutsche Bundeslaender 0.00%, 10/08/27^(a)	EUR	400		373,716
0.00%, 08/26/30^(a)	EUR	500		424,669
0.63%, 10/25/27^(a)	EUR	300		286,995
0.63%, 02/13/29^(a)	EUR	300		277,828
1.13%, 09/30/24^(a)	EUR	400		413,362
1.25%, 05/04/29^(a)	EUR	200		190,703
Land Baden-Wuerttemberg 0.00%, 07/09/32^(a)	EUR	200		159,046
0.63%, 01/16/25^(a)	EUR	750		765,522
0.63%, 01/27/26^(a)	EUR	100		99,608
0.80%, 04/05/28^(a)	EUR	300		285,977
Land Berlin 0.00%, 05/18/27^(a)	EUR	500		472,533
0.00%, 07/02/30^(a)	EUR	300		255,674
0.05%, 08/06/40^(a)	EUR	300		171,549
0.10%, 01/18/30^(a)	EUR	300		261,565
0.10%, 01/18/41^(a)	EUR	680		387,910
0.25%, 04/22/25^(a)	EUR	300		302,515
0.63%, 03/20/26^(a)	EUR	100		99,333
0.63%, 02/08/27^(a)	EUR	350		340,497
0.63%, 02/05/29^(a)	EUR	500		463,005
0.63%, 01/26/52^(a)	EUR	200		96,358
0.75%, 04/03/34^(a)	EUR	475		383,433
1.00%, 05/19/32^(a)	EUR	300		262,368
1.38%, 06/05/37^(a)	EUR	620		496,110
1.38%, 08/27/38^(a)	EUR	100		77,857
1.63%, 06/03/24^(a)	EUR	75		78,333
Land Nordrhein Westfalen 0.50%, 01/15/52^(a)	EUR	380		172,861
1.00%, 10/16/46^(a)	EUR	420		255,074
Land Thueringen 0.20%, 10/26/26^(a)	EUR	60		58,021
0.38%, 12/01/51^(a)	EUR	150		65,165
0.50%, 03/02/27^(a)	EUR	100		96,754
0.50%, 03/02/29	EUR	500		459,163
Lower Saxony, 0.50%, 06/13/25^(a)	EUR	150		151,441
State of Brandenburg 0.00%, 06/26/28^(a)	EUR	500		456,467
0.25%, 10/19/26^(a)	EUR	500		484,644
0.60%, 10/13/51^(a)	EUR	200		96,087
1.13%, 07/04/33^(a)	EUR	100		86,276
2.50%, 01/25/29	EUR	400		408,331
State of Bremen 0.00%, 10/06/28^(a)	EUR	800		723,528


Security	Par (000)		Value

Germany (continued)
0.15%, 09/14/40^(a)	EUR	300	$	174,523
0.55%, 02/04/50^(a)	EUR	300		144,591
1.20%, 01/30/34^(a)	EUR	200		169,996
State of Hesse 0.00%, 03/11/30^(a)	EUR	400		345,285
0.25%, 06/10/25^(a)	EUR	800		804,196
0.38%, 07/06/26^(a)	EUR	675		661,341
0.63%, 08/02/28^(a)	EUR	600		563,006
0.75%, 08/04/36^(a)	EUR	200		150,273
0.88%, 12/10/24^(a)	EUR	200		205,218
2.63%, 09/10/27	EUR	500		517,855
2.88%, 01/10/33	EUR	500		509,909
3.25%, 10/05/28	EUR	1,874		1,983,534
State of Lower Saxony 0.00%, 08/02/24^(a)	EUR	280		288,096
0.00%, 09/15/25^(a)	EUR	200		198,767
0.00%, 07/10/26^(a)	EUR	400		387,704
0.00%, 02/11/27^(a)	EUR	400		381,052
0.00%, 11/25/27^(a)	EUR	500		464,900
0.00%, 05/26/28^(a)	EUR	680		622,311
0.00%, 08/13/30^(a)	EUR	400		340,014
0.13%, 01/09/32^(a)	EUR	700		571,689
0.25%, 04/15/36^(a)	EUR	100		70,574
0.38%, 01/09/26^(a)	EUR	400		396,725
0.38%, 05/14/29^(a)	EUR	600		543,783
0.50%, 06/08/26^(a)	EUR	450		443,336
0.75%, 02/15/28^(a)	EUR	720		687,066
State of North Rhine-Westphalia, 0.90%, 11/15/28^(a)	EUR	500		472,305
State of North Rhine-Westphalia Germany 0.00%, 01/15/29^(a)	EUR	600		537,411
0.00%, 10/12/35^(a)	EUR	375		259,850
0.13%, 06/04/31^(a)	EUR	525		438,056
0.20%, 03/31/27^(a)	EUR	600		572,722
0.20%, 04/09/30^(a)	EUR	1,150		1,003,130
0.20%, 01/27/51^(a)	EUR	250		102,812
0.25%, 03/13/26^(a)	EUR	820		807,196
0.38%, 09/02/50^(a)	EUR	100		44,751
0.50%, 03/11/25^(a)	EUR	300		304,591
0.50%, 04/16/26^(a)	EUR	65		64,215
0.50%, 02/16/27^(a)	EUR	500		483,871
0.63%, 07/21/31^(a)	EUR	460		398,292
0.75%, 08/16/41^(a)	EUR	75		48,062
0.80%, 07/30/49^(a)	EUR	630		337,580
0.95%, 01/10/2121^(a)	EUR	340		118,719
1.00%, 01/16/25^(a)	EUR	700		717,753
1.10%, 03/13/34^(a)	EUR	780		656,332
1.25%, 05/12/36^(a)	EUR	650		525,884
1.38%, 01/15/2120^(a)	EUR	435		185,569
1.45%, 02/16/43^(a)	EUR	250		178,727
1.45%, 01/19/2122^(a)	EUR	200		86,812
1.50%, 06/12/40^(a)	EUR	300		229,062
1.55%, 06/16/48^(a)	EUR	650		441,584
1.63%, 10/24/30^(a)	EUR	320		303,555
1.65%, 02/22/38^(a)	EUR	730		599,112
1.65%, 05/16/47^(a)	EUR	470		330,679
1.75%, 10/26/57^(a)	EUR	480		305,789
1.75%, 07/11/68^(a)	EUR	400		234,435
1.95%, 09/26/78^(a)	EUR	565		340,193
2.15%, 03/21/2119^(a)	EUR	695		429,819
2.25%, 06/14/52^(a)	EUR	200		153,815


Security	Par (000)		Value

Germany (continued)
2.90%, 01/15/53^(a)	EUR	600	$	530,386
State of Rhineland-Palatinate 0.00%, 01/21/31^(a)	EUR	800		670,265
0.05%, 01/23/30^(a)	EUR	425		369,191
0.38%, 01/26/27^(a)	EUR	300		289,627
0.38%, 03/10/51^(a)	EUR	200		88,926
0.75%, 01/19/26^(a)	EUR	500		499,659
State of Saxony-Anhalt 0.00%, 04/01/25^(a)	EUR	300		301,935
0.00%, 03/10/31^(a)	EUR	300		249,987
0.50%, 06/25/27^(a)	EUR	450		431,861
0.75%, 01/29/29^(a)	EUR	200		186,594
State of Schleswig-Holstein 2.88%, 05/10/28^(a)	EUR	200		208,478
3.00%, 08/16/33^(a)	EUR	800		820,124
State of Schleswig-Holstein Germany 0.05%, 07/08/31^(a)	EUR	500		413,835
0.13%, 06/12/29^(a)	EUR	550		490,314
0.20%, 08/15/39^(a)	EUR	250		154,819
0.38%, 10/30/24^(a)	EUR	300		307,124
0.38%, 02/08/27^(a)	EUR	200		192,973

				268,571,575

Hong Kong — 0.0%
Hong Kong Government International Bond 3.38%, 06/07/27^(a)	EUR	282		296,795
3.75%, 06/07/32^(a)	EUR	200		208,976

				505,771

Hungary — 0.2%
Hungary Government Bond 2.25%, 04/20/33	HUF	259,710		480,652
2.25%, 06/22/34	HUF	150,000		265,296
2.50%, 10/24/24	HUF	404,520		1,058,132
2.75%, 12/22/26	HUF	331,550		790,105
3.00%, 10/27/27	HUF	371,660		873,061
3.00%, 08/21/30	HUF	150,000		323,071
3.00%, 10/27/38	HUF	40,000		66,725
3.00%, 04/25/41	HUF	200,000		313,778
3.25%, 10/22/31	HUF	255,650		540,397
4.75%, 11/24/32	HUF	324,240		739,214
5.50%, 06/24/25	HUF	266,930		710,807
6.75%, 10/22/28	HUF	219,890		590,099
Hungary Government International Bond 1.25%, 10/22/25^(a)	EUR	310		309,311
1.63%, 04/28/32^(a)	EUR	623		492,103
4.25%, 06/16/31^(a)	EUR	400		390,797
5.38%, 09/12/33^(a)	EUR	500		510,739

				8,454,287

Indonesia — 0.9%
Indonesia Government International Bond 0.90%, 02/14/27	EUR	100		93,928
1.40%, 10/30/31	EUR	300		246,405
1.75%, 04/24/25	EUR	200		203,149
3.38%, 07/30/25^(a)	EUR	400		415,833
3.75%, 06/14/28^(a)	EUR	300		309,494
Indonesia Treasury Bond 5.13%, 04/15/27	IDR	10,000,000		595,912
6.25%, 06/15/36	IDR	17,555,000		1,023,248
6.38%, 08/15/28	IDR	36,232,000		2,222,516
6.38%, 04/15/32	IDR	43,000,000		2,588,783
6.38%, 07/15/37	IDR	20,485,000		1,195,312


Security	Par (000)		Value

Indonesia (continued)
6.50%, 06/15/25	IDR	22,543,000	$	1,409,232
6.50%, 02/15/31	IDR	24,342,000		1,482,723
6.88%, 08/15/51	IDR	15,000,000		911,975
7.00%, 05/15/27	IDR	25,000,000		1,570,859
7.00%, 09/15/30	IDR	20,048,000		1,260,560
7.00%, 02/15/33	IDR	44,413,000		2,781,929
7.13%, 06/15/42	IDR	21,144,000		1,327,531
7.13%, 06/15/43	IDR	11,842,000		742,750
7.25%, 02/15/26	IDR	36,000,000		2,273,327
7.38%, 05/15/48	IDR	9,808,000		627,776
7.50%, 08/15/32	IDR	41,912,000		2,676,400
7.50%, 06/15/35	IDR	28,000,000		1,802,306
7.50%, 04/15/40	IDR	18,210,000		1,175,024
8.13%, 05/15/24	IDR	18,000,000		1,141,875
8.25%, 05/15/29	IDR	58,031,000		3,842,569
8.25%, 05/15/36	IDR	18,000,000		1,225,717
8.38%, 03/15/24	IDR	15,790,000		1,000,128
8.38%, 09/15/26	IDR	9,000,000		587,367
8.38%, 03/15/34	IDR	38,000,000		2,596,895
8.38%, 04/15/39	IDR	19,760,000		1,366,331
8.75%, 02/15/44	IDR	12,320,000		884,651
Perusahaan Penerbit SBSN Indonesia, 8.88%, 11/15/31	IDR	7,600,000		536,539

				42,119,044

Ireland — 0.4%
Ireland Government Bond 0.00%, 10/18/31^(a)	EUR	1,090		899,883
0.20%, 05/15/27^(a)	EUR	2,254		2,164,377
0.20%, 10/18/30^(a)	EUR	1,387		1,200,518
0.35%, 10/18/32^(a)	EUR	1,021		841,478
0.40%, 05/15/35^(a)	EUR	1,105		834,055
0.55%, 04/22/41^(a)	EUR	898		572,713
0.90%, 05/15/28^(a)	EUR	520		502,356
1.00%, 05/15/26^(a)	EUR	2,978		2,998,538
1.10%, 05/15/29^(a)	EUR	2,263		2,161,187
1.30%, 05/15/33^(a)	EUR	1,185		1,052,528
1.35%, 03/18/31^(a)	EUR	492		460,142
1.50%, 05/15/50^(a)	EUR	1,390		912,904
1.70%, 05/15/37^(a)	EUR	667		563,694
2.00%, 02/18/45^(a)	EUR	1,561		1,218,451
2.40%, 05/15/30^(a)	EUR	704		713,657
3.00%, 10/18/43^(a)	EUR	500		480,364
5.40%, 03/13/25	EUR	600		653,044

				18,229,889

Isle Of Man — 0.0%
Isle of Man Government International Bond, 1.63%, 09/14/51(Call 03/14/51)^(a)	GBP	150		80,079


Israel — 0.2%
Israel Government Bond - Fixed 0.50%, 04/30/25	ILS	5,000		1,172,502
0.50%, 02/27/26	ILS	2,650		601,391
1.00%, 03/31/30	ILS	4,790		962,334
1.30%, 04/30/32	ILS	3,120		596,087
1.50%, 11/30/23	ILS	2,760		680,994
1.50%, 05/31/37	ILS	6,860		1,124,542
1.75%, 08/31/25	ILS	3,049		721,978
2.00%, 03/31/27	ILS	1,550		356,079
2.25%, 09/28/28	ILS	4,628		1,042,352
2.80%, 11/29/52	ILS	830		129,011
3.75%, 03/31/24	ILS	1,377		340,100


Security	Par (000)		Value

Israel (continued)
3.75%, 03/31/47	ILS	3,961	$	780,418
5.50%, 01/31/42	ILS	2,210		573,717
6.25%, 10/30/26	ILS	650		169,775
Israel Government International Bond 0.63%, 01/18/32^(a)	EUR	200		151,972
1.50%, 01/18/27^(a)	EUR	100		94,989
1.50%, 01/16/29^(a)	EUR	500		446,051
2.50%, 01/16/49^(a)	EUR	200		146,714

				10,091,006

Italy — 5.2%
Cassa Depositi e Prestiti SpA 1.00%, 09/21/28^(a)	EUR	300		270,438
1.00%, 02/11/30^(a)	EUR	100		85,240
2.13%, 03/21/26^(a)	EUR	100		101,103
4.75%, 10/18/30^(a)	EUR	600		632,378
Italy Buoni Poliennali Del Tesoro 0.00%, 12/15/24^(a)	EUR	2,000		2,029,233
0.00%, 04/01/26^(a)	EUR	3,970		3,840,105
0.00%, 08/01/26^(a)	EUR	970		926,184
0.25%, 03/15/28^(a)	EUR	3,825		3,455,258
0.35%, 02/01/25^(a)	EUR	5,243		5,317,865
0.45%, 02/15/29^(a)	EUR	1,933		1,696,374
0.50%, 02/01/26^(a)	EUR	6,475		6,375,161
0.50%, 07/15/28^(a)	EUR	5,447		4,914,535
0.60%, 08/01/31^(d)	EUR	5,553		4,429,593
0.85%, 01/15/27^(a)	EUR	4,345		4,194,771
0.90%, 04/01/31^(a)	EUR	4,740		3,931,731
0.95%, 09/15/27^(a)	EUR	4,860		4,610,693
0.95%, 08/01/30^(a)	EUR	4,009		3,422,201
0.95%, 12/01/31^(d)	EUR	6,084		4,933,218
0.95%, 06/01/32^(a)	EUR	2,010		1,597,284
0.95%, 03/01/37^(d)	EUR	2,128		1,395,008
1.20%, 08/15/25^(a)	EUR	7,662		7,747,559
1.25%, 12/01/26^(a)	EUR	2,437		2,390,693
1.35%, 04/01/30^(a)	EUR	3,044		2,705,245
1.45%, 11/15/24^(a)	EUR	2,003		2,068,982
1.45%, 05/15/25^(a)	EUR	3,000		3,067,488
1.45%, 03/01/36^(d)	EUR	4,700		3,418,186
1.50%, 06/01/25^(a)	EUR	1,027		1,048,943
1.50%, 04/30/45^(d)	EUR	1,700		977,231
1.60%, 06/01/26^(a)	EUR	2,820		2,827,559
1.65%, 12/01/30^(d)	EUR	4,615		4,093,364
1.65%, 03/01/32^(d)	EUR	4,013		3,429,382
1.70%, 09/01/51^(d)	EUR	1,680		916,101
1.80%, 03/01/41^(d)	EUR	4,020		2,684,177
1.85%, 07/01/25^(d)	EUR	2,111		2,165,360
2.00%, 12/01/25^(a)	EUR	2,289		2,338,637
2.00%, 02/01/28^(a)	EUR	3,407		3,337,920
2.05%, 08/01/27^(a)	EUR	4,559		4,524,965
2.10%, 07/15/26^(a)	EUR	6,288		6,371,858
2.15%, 09/01/52^(d)	EUR	2,692		1,607,998
2.15%, 03/01/72^(d)	EUR	1,415		759,540
2.20%, 06/01/27^(a)	EUR	1,145		1,146,385
2.25%, 09/01/36^(d)	EUR	3,180		2,529,107
2.45%, 09/01/33^(d)	EUR	3,753		3,298,638
2.45%, 09/01/50^(d)	EUR	2,773		1,824,537
2.50%, 12/01/24^(a)	EUR	819		854,862
2.50%, 11/15/25^(a)	EUR	3,106		3,208,466
2.50%, 12/01/32^(a)	EUR	3,610		3,245,556
2.65%, 12/01/27^(a)	EUR	11,900		12,004,817
2.70%, 03/01/47^(d)	EUR	2,380		1,716,975


Security	Par (000)		Value

Italy (continued)
2.80%, 12/01/28^(a)	EUR	4,059	$	4,058,492
2.80%, 06/15/29^(a)	EUR	3,230		3,191,317
2.80%, 03/01/67^(d)	EUR	1,262		817,610
2.95%, 09/01/38^(d)	EUR	2,686		2,243,533
3.00%, 08/01/29^(a)	EUR	5,290		5,279,820
3.10%, 03/01/40^(d)	EUR	1,704		1,419,020
3.25%, 03/01/38^(d)	EUR	4,010		3,494,495
3.25%, 09/01/46^(d)	EUR	4,199		3,358,030
3.35%, 03/01/35^(d)	EUR	3,349		3,091,275
3.40%, 03/28/25^(a)	EUR	2,000		2,103,646
3.40%, 04/01/28^(a)	EUR	3,780		3,911,186
3.45%, 03/01/48^(d)	EUR	2,611		2,141,381
3.50%, 01/15/26^(a)	EUR	5,790		6,094,996
3.50%, 03/01/30^(d)	EUR	4,350		4,427,990
3.60%, 09/29/25^(a)	EUR	4,900		5,165,353
3.85%, 09/01/49^(d)	EUR	2,987		2,593,605
4.00%, 10/30/31^(a)(d)	EUR	4,400		4,527,763
4.00%, 04/30/35^(d)	EUR	4,010		3,946,972
4.00%, 02/01/37^(d)	EUR	3,277		3,174,741
4.35%, 11/01/33^(a)	EUR	1,610		1,660,673
4.40%, 05/01/33^(a)	EUR	1,740		1,813,012
4.45%, 09/01/43^(d)	EUR	1,560		1,510,872
4.50%, 03/01/26^(d)	EUR	1,541		1,656,860
4.50%, 10/01/53^(d)	EUR	520		491,766
4.75%, 09/01/28^(d)	EUR	3,351		3,663,515
4.75%, 09/01/44^(d)	EUR	3,510		3,536,989
5.00%, 03/01/25^(d)	EUR	2,317		2,488,592
5.00%, 08/01/34^(d)	EUR	1,998		2,156,288
5.00%, 08/01/39^(d)	EUR	2,401		2,531,189
5.00%, 09/01/40^(d)	EUR	3,427		3,604,060
5.25%, 11/01/29^(a)	EUR	576		645,199
5.75%, 02/01/33^(a)	EUR	4,535		5,220,988
6.00%, 05/01/31^(a)	EUR	2,905		3,401,039
6.50%, 11/01/27^(a)	EUR	2,429		2,817,417
Italy Government International Bond, 5.20%, 07/31/34	EUR	862		917,036

				249,625,624

Japan — 10.5%
Development Bank of Japan Inc., 0.88%, 10/10/25^(a)	EUR	700		701,701
Japan Government Five Year Bond 0.00%, 03/20/26	JPY	245,600		1,614,382
0.00%, 06/20/26	JPY	1,775,000		11,656,809
0.00%, 09/20/26	JPY	291,000		1,908,829
0.00%, 03/20/27	JPY	300,000		1,962,509
0.00%, 06/20/27	JPY	684,450		4,468,783
0.10%, 12/20/24	JPY	1,500,000		9,906,321
0.10%, 03/20/25	JPY	450,000		2,971,322
0.10%, 06/20/25	JPY	865,200		5,711,372
0.10%, 09/20/25	JPY	521,650		3,441,256
0.10%, 12/20/25	JPY	1,379,650		9,096,384
0.10%, 03/20/27	JPY	600,000		3,937,635
0.10%, 09/20/27	JPY	1,125,200		7,359,969
0.10%, 03/20/28	JPY	510,600		3,327,908
0.10%, 06/20/28	JPY	540,000		3,512,918
0.20%, 12/20/27	JPY	1,356,300		8,892,321
0.20%, 03/20/28	JPY	900,000		5,890,013
0.30%, 12/20/27	JPY	455,350		2,998,141
0.30%, 09/20/28	JPY	750,000		4,911,826
Japan Government Forty Year Bond 0.40%, 03/20/56	JPY	464,850		1,982,407


Security	Par (000)		Value

Japan (continued)
0.50%, 03/20/59	JPY	192,750	$	822,888
0.50%, 03/20/60	JPY	523,100		2,209,300
0.70%, 03/20/61	JPY	283,800		1,280,924
0.80%, 03/20/58	JPY	215,600		1,039,816
0.90%, 03/20/57	JPY	364,550		1,833,173
1.00%, 03/20/62	JPY	268,850		1,338,212
1.30%, 03/20/63	JPY	75,000		408,789
1.40%, 03/20/55	JPY	175,150		1,029,577
1.70%, 03/20/54	JPY	144,450		918,064
1.90%, 03/20/53	JPY	131,800		880,143
2.00%, 03/20/52	JPY	84,500		575,383
2.20%, 03/20/49	JPY	77,000		547,542
2.20%, 03/20/50	JPY	65,950		467,928
2.20%, 03/20/51	JPY	295,250		2,092,788
Japan Government Ten Year Bond 0.10%, 03/20/26	JPY	391,700		2,580,573
0.10%, 06/20/26	JPY	1,640,700		10,800,765
0.10%, 09/20/26	JPY	716,100		4,710,469
0.10%, 12/20/26	JPY	418,050		2,746,666
0.10%, 03/20/27	JPY	505,000		3,313,840
0.10%, 06/20/27	JPY	990,700		6,490,639
0.10%, 09/20/27	JPY	1,108,500		7,251,777
0.10%, 12/20/27	JPY	817,750		5,339,519
0.10%, 03/20/28	JPY	976,150		6,361,150
0.10%, 06/20/28	JPY	2,171,250		14,116,596
0.10%, 09/20/28	JPY	565,250		3,669,234
0.10%, 12/20/28	JPY	930,000		6,025,130
0.10%, 03/20/29	JPY	200,000		1,292,987
0.10%, 06/20/29	JPY	351,000		2,264,449
0.10%, 09/20/29	JPY	397,400		2,557,897
0.10%, 12/20/29	JPY	459,850		2,952,254
0.10%, 03/20/30	JPY	1,188,150		7,607,167
0.10%, 06/20/30	JPY	723,650		4,613,627
0.10%, 09/20/30	JPY	488,350		3,104,569
0.10%, 12/20/30	JPY	731,150		4,630,983
0.10%, 03/20/31	JPY	1,104,650		6,968,603
0.10%, 06/20/31	JPY	435,000		2,733,925
0.10%, 09/20/31	JPY	1,287,500		8,060,335
0.10%, 12/20/31	JPY	1,465,000		9,135,633
0.20%, 03/20/32	JPY	557,600		3,493,119
0.20%, 06/20/32	JPY	926,500		5,782,048
0.20%, 09/20/32	JPY	1,111,250		6,911,730
0.30%, 12/20/24	JPY	210,000		1,389,920
0.30%, 12/20/25	JPY	328,600		2,175,589
0.40%, 03/20/25	JPY	371,500		2,463,001
0.40%, 06/20/25	JPY	425,000		2,819,285
0.40%, 09/20/25	JPY	656,950		4,358,379
0.40%, 06/20/33	JPY	400,000		2,512,947
0.50%, 12/20/24	JPY	686,250		4,552,647
0.50%, 12/20/32	JPY	412,550		2,629,380
0.50%, 03/20/33	JPY	1,426,550		9,070,445
Japan Government Thirty Year Bond 0.30%, 06/20/46	JPY	89,150		429,208
0.40%, 06/20/49	JPY	163,650		767,127
0.40%, 09/20/49	JPY	107,450		502,109
0.40%, 12/20/49	JPY	131,750		612,491
0.40%, 03/20/50	JPY	156,300		723,330
0.50%, 09/20/46	JPY	184,350		929,833
0.60%, 12/20/46	JPY	122,000		628,056
0.60%, 06/20/50	JPY	175,100		855,595
0.60%, 09/20/50	JPY	701,800		3,416,176


Security	Par (000)		Value

Japan (continued)
0.70%, 06/20/48	JPY	433,100	$	2,236,008
0.70%, 12/20/48	JPY	328,700		1,685,878
0.70%, 12/20/50	JPY	281,700		1,406,207
0.70%, 03/20/51	JPY	199,750		994,249
0.70%, 06/20/51	JPY	231,500		1,149,048
0.70%, 09/20/51	JPY	450,250		2,229,186
0.70%, 12/20/51	JPY	247,700		1,224,101
0.80%, 03/20/46	JPY	180,250		981,744
0.80%, 03/20/47	JPY	458,000		2,465,039
0.80%, 06/20/47	JPY	147,000		788,689
0.80%, 09/20/47	JPY	160,550		858,209
0.80%, 12/20/47	JPY	175,150		932,357
0.80%, 03/20/48	JPY	164,650		874,692
0.90%, 09/20/48	JPY	206,800		1,117,574
1.00%, 03/20/52	JPY	281,750		1,510,958
1.20%, 06/20/53	JPY	240,000		1,349,938
1.30%, 06/20/52	JPY	150,350		870,637
1.40%, 09/20/45	JPY	148,850		921,541
1.40%, 12/20/45	JPY	216,800		1,340,873
1.40%, 09/20/52	JPY	269,900		1,600,522
1.40%, 03/20/53	JPY	116,550		690,375
1.50%, 12/20/44	JPY	217,150		1,377,110
1.50%, 03/20/45	JPY	192,600		1,218,910
1.60%, 06/20/45	JPY	281,000		1,809,601
1.60%, 12/20/52	JPY	66,950		416,731
1.70%, 12/20/43	JPY	147,850		976,388
1.70%, 03/20/44	JPY	103,800		684,654
1.70%, 06/20/44	JPY	88,500		583,131
1.70%, 09/20/44	JPY	206,850		1,361,916
1.80%, 03/20/43	JPY	99,600		672,026
1.80%, 09/20/43	JPY	189,800		1,276,234
1.90%, 09/20/42	JPY	124,000		853,575
1.90%, 06/20/43	JPY	102,200		700,415
2.00%, 09/20/40	JPY	242,600		1,713,138
2.00%, 09/20/41	JPY	488,000		3,429,381
2.00%, 03/20/42	JPY	196,400		1,376,849
2.20%, 09/20/39	JPY	40,000		291,570
2.20%, 03/20/41	JPY	446,300		3,228,497
2.30%, 03/20/35	JPY	34,550		257,440
2.30%, 06/20/35	JPY	53,250		397,200
2.30%, 12/20/35	JPY	155,000		1,156,566
2.30%, 03/20/39	JPY	191,700		1,420,353
2.30%, 03/20/40	JPY	95,000		700,229
2.40%, 09/20/38	JPY	100,500		753,996
2.50%, 06/20/34	JPY	20,150		152,697
2.50%, 09/20/37	JPY	49,000		372,921
2.50%, 03/20/38	JPY	25,700		195,358
Japan Government Twenty Year Bond 0.20%, 06/20/36	JPY	261,200		1,525,577
0.30%, 06/20/39	JPY	95,550		531,075
0.30%, 09/20/39	JPY	167,650		926,613
0.30%, 12/20/39	JPY	469,850		2,582,354
0.40%, 03/20/36	JPY	259,350		1,560,559
0.40%, 03/20/39	JPY	210,000		1,193,503
0.40%, 03/20/40	JPY	424,600		2,360,194
0.40%, 06/20/40	JPY	630,650		3,483,137
0.40%, 09/20/40	JPY	224,350		1,233,241
0.40%, 06/20/41	JPY	966,000		5,227,308
0.50%, 09/20/36	JPY	751,750		4,547,392
0.50%, 03/20/38	JPY	188,300		1,107,811
0.50%, 06/20/38	JPY	655,500		3,840,178


Security	Par (000)		Value

Japan (continued)
0.50%, 12/20/38	JPY	275,000	$	1,596,002
0.50%, 12/20/40	JPY	325,300		1,810,277
0.50%, 03/20/41	JPY	352,300		1,952,209
0.50%, 09/20/41	JPY	352,700		1,936,461
0.50%, 12/20/41	JPY	614,100		3,356,299
0.60%, 12/20/36	JPY	260,850		1,591,545
0.60%, 09/20/37	JPY	345,700		2,082,636
0.60%, 12/20/37	JPY	273,300		1,639,338
0.70%, 03/20/37	JPY	249,450		1,535,314
0.70%, 09/20/38	JPY	300,000		1,802,445
0.80%, 03/20/42	JPY	209,950		1,208,467
0.90%, 06/20/42	JPY	255,700		1,493,344
1.00%, 12/20/35	JPY	673,650		4,374,490
1.10%, 09/20/42	JPY	121,700		733,754
1.10%, 03/20/43	JPY	435,000		2,606,358
1.10%, 06/20/43	JPY	239,950		1,433,079
1.20%, 12/20/34	JPY	360,350		2,411,704
1.20%, 03/20/35	JPY	121,000		809,073
1.20%, 09/20/35	JPY	552,400		3,679,262
1.30%, 06/20/35	JPY	190,450		1,284,484
1.40%, 09/20/34	JPY	611,200		4,185,017
1.40%, 12/20/42	JPY	293,850		1,860,745
1.50%, 03/20/34	JPY	286,800		1,988,073
1.50%, 06/20/34	JPY	759,500		5,259,859
1.60%, 06/20/30	JPY	29,550		207,551
1.60%, 03/20/32	JPY	80,400		563,928
1.60%, 06/20/32	JPY	1,000,000		7,007,455
1.60%, 03/20/33	JPY	97,000		679,810
1.60%, 12/20/33	JPY	488,950		3,423,068
1.70%, 12/20/31	JPY	95,000		671,451
1.70%, 03/20/32	JPY	56,000		395,833
1.70%, 06/20/32	JPY	68,150		481,540
1.70%, 12/20/32	JPY	103,000		728,212
1.70%, 06/20/33	JPY	490,050		3,464,933
1.70%, 09/20/33	JPY	162,050		1,145,663
1.80%, 09/20/31	JPY	535,100		3,806,577
1.80%, 12/20/31	JPY	390,000		2,775,355
1.80%, 03/20/32	JPY	600,000		4,273,138
1.80%, 12/20/32	JPY	490,100		3,493,067
1.90%, 12/20/28	JPY	118,000		834,887
1.90%, 09/20/30	JPY	183,850		1,315,883
1.90%, 06/20/31	JPY	80,000		573,203
2.00%, 03/20/27	JPY	185,000		1,291,973
2.00%, 06/20/30	JPY	34,200		245,941
2.10%, 09/20/25	JPY	70,000		479,173
2.10%, 12/20/26	JPY	140,350		979,902
2.10%, 06/20/29	JPY	144,350		1,036,921
2.10%, 09/20/29	JPY	434,800		3,130,964
2.10%, 03/20/30	JPY	137,200		991,177
2.10%, 12/20/30	JPY	205,000		1,486,154
2.20%, 03/20/26	JPY	219,350		1,517,364
2.20%, 03/20/28	JPY	75,000		533,833
2.20%, 03/20/30	JPY	355,000		2,580,365
2.30%, 06/20/27	JPY	50,000		353,742
Japan Government Two Year Bond 0.00%, 10/01/24	JPY	600,000		3,959,661
0.00%, 11/01/24	JPY	562,050		3,708,687
0.00%, 04/01/25	JPY	400,200		2,638,621
0.00%, 05/01/25	JPY	311,050		2,050,464
0.00%, 06/01/25	JPY	307,400		2,025,994


Security	Par (000)		Value

Japan (continued)
0.00%, 08/01/25	JPY	300,000	$	1,977,038

				502,231,951

Jersey — 0.0%
Jersey International Bond, 2.88%, 05/06/52(Call 11/06/51)^(a)	GBP	100		74,361


Kazakhstan — 0.0%
Kazakhstan Government International Bond 0.60%, 09/30/26^(a)	EUR	200		187,504
1.50%, 09/30/34^(a)	EUR	100		74,660
1.55%, 11/09/23^(a)	EUR	100		105,716

				367,880

Latvia — 0.0%
Latvia Government International Bond 0.00%, 01/24/29^(a)	EUR	1,500		1,279,895
1.38%, 09/23/25^(a)	EUR	100		100,461
1.88%, 02/19/49^(a)	EUR	340		239,379

				1,619,735

Lithuania — 0.0%
Lithuania Government International Bond 0.75%, 05/06/30^(a)	EUR	630		538,942
0.95%, 05/26/27^(a)	EUR	220		208,903
1.63%, 06/19/49^(a)	EUR	370		231,582
2.13%, 10/22/35^(a)	EUR	428		366,383

				1,345,810

Luxembourg — 0.1%
Luxembourg Government Bond 0.00%, 04/28/25^(a)	EUR	700		703,955
0.63%, 02/01/27^(a)	EUR	465		453,978
2.25%, 03/19/28^(a)	EUR	190		194,085
State of the Grand-Duchy of Luxembourg 0.00%, 03/24/31^(a)	EUR	1,107		926,818
0.00%, 09/14/32^(a)	EUR	685		546,057
3.00%, 03/02/33^(a)	EUR	533		552,164

				3,377,057

Malaysia — 0.7%
Malaysia Government Bond 3.58%, 07/15/32	MYR	5,000		1,009,417
3.73%, 06/15/28	MYR	8,000		1,668,427
3.76%, 05/22/40	MYR	11,200		2,172,064
3.83%, 07/05/34	MYR	2,380		484,468
3.84%, 04/15/33	MYR	3,000		616,307
3.90%, 11/30/26	MYR	1,900		401,115
3.90%, 11/16/27	MYR	7,400		1,558,700
3.91%, 07/15/26	MYR	3,700		781,256
3.96%, 09/15/25	MYR	15,620		3,304,872
4.06%, 09/30/24	MYR	7,500		1,583,311
4.07%, 06/15/50	MYR	4,000		782,300
4.23%, 06/30/31	MYR	6,710		1,416,791
4.25%, 05/31/35	MYR	800		168,944
4.50%, 04/15/30	MYR	850		182,704
4.64%, 11/07/33	MYR	2,660		583,311
4.70%, 10/15/42	MYR	4,140		900,767
4.74%, 03/15/46	MYR	2,170		470,087
4.76%, 04/07/37	MYR	8,495		1,874,804
4.89%, 06/08/38	MYR	4,240		952,644
4.92%, 07/06/48	MYR	4,790		1,063,792
4.94%, 09/30/43	MYR	450		100,263
Malaysia Government Bonds, 4.46%, 03/31/53	MYR	4,000		832,388


Security	Par (000)		Value

Malaysia (continued)
Malaysia Government Investment Issue 3.42%, 09/30/27	MYR	4,790	$	991,907
3.99%, 10/15/25	MYR	150		31,743
4.13%, 07/09/29	MYR	11,091		2,342,616
4.19%, 10/07/32	MYR	15,740		3,317,495
4.29%, 08/14/43	MYR	3,110		641,125
4.37%, 10/31/28	MYR	7,080		1,518,406
4.47%, 09/15/39	MYR	2,930		622,145
4.58%, 08/30/33	MYR	1,600		349,250
5.36%, 05/15/52	MYR	2,000		468,989

				33,192,408

Mexico — 0.7%
Mexican Bonos 5.50%, 03/04/27	MXN	52,844		2,532,045
7.50%, 05/26/33	MXN	38,000		1,763,454
Series M, 5.75%, 03/05/26	MXN	70,280		3,499,489
Series M, 7.75%, 05/29/31	MXN	72,006		3,477,521
Series M, 7.75%, 11/23/34	MXN	20,400		952,767
Series M, 7.75%, 11/13/42	MXN	56,574		2,510,125
Series M, 8.00%, 09/05/24	MXN	56,000		3,017,993
Series M, 8.00%, 11/07/47	MXN	51,661		2,326,009
Series M 20, 7.50%, 06/03/27	MXN	36,828		1,869,930
Series M 20, 8.50%, 05/31/29	MXN	60,660		3,128,485
Series M 20, 10.00%, 12/05/24	MXN	19,000		1,040,176
Series M 30, 8.50%, 11/18/38	MXN	39,193		1,900,425
Series M 30, 10.00%, 11/20/36	MXN	22,000		1,208,974
Mexico Government International Bond 1.13%, 01/17/30 (Call 10/17/29)	EUR	300		256,017
1.35%, 09/18/27 (Call 06/18/27)	EUR	300		286,418
1.45%, 10/25/33 (Call 07/25/33)	EUR	300		222,953
1.75%, 04/17/28	EUR	500		470,793
2.13%, 10/25/51 (Call 04/25/51)	EUR	400		214,794
2.25%, 08/12/36 (Call 05/12/36)	EUR	200		148,964
2.38%, 02/11/30 (Call 11/11/29)	EUR	100		91,866
2.88%, 04/08/39	EUR	300		224,008
3.00%, 03/06/45	EUR	200		144,534
5.63%, 03/19/2114	GBP	100		84,254

				31,371,994

Netherlands — 1.1%
Nederlandse Waterschapsbank NV 0.00%, 11/16/26^(a)	EUR	200		191,944
0.00%, 02/16/37^(a)	EUR	500		327,066
0.25%, 12/15/25^(a)	GBP	300		329,428
0.38%, 09/28/46^(a)	EUR	300		153,374
0.75%, 10/04/41^(a)	EUR	300		191,273
1.50%, 04/27/38^(a)	EUR	280		224,432
Netherlands Government Bond 0.00%, 01/15/26^(d)	EUR	2,594		2,569,099
0.00%, 01/15/27^(d)	EUR	5,510		5,318,151
0.00%, 01/15/29^(d)	EUR	1,000		911,237
0.00%, 07/15/30^(d)	EUR	3,156		2,746,035
0.00%, 07/15/31^(d)	EUR	2,484		2,090,567
0.00%, 01/15/38^(d)	EUR	2,990		1,981,984
0.00%, 01/15/52^(d)	EUR	3,290		1,418,446
0.25%, 07/15/25^(d)	EUR	2,000		2,016,420
0.50%, 07/15/26^(d)	EUR	4,479		4,441,640
0.50%, 07/15/32^(a)(d)	EUR	2,690		2,291,977
0.50%, 01/15/40^(d)	EUR	1,989		1,363,928
0.75%, 07/15/27^(d)	EUR	3,024		2,962,610
0.75%, 07/15/28^(d)	EUR	3,392		3,253,928


Security	Par (000)		Value

Netherlands (continued)
2.00%, 01/15/54^(d)	EUR	1,160	$	919,761
2.50%, 01/15/33^(d)	EUR	4,008		4,043,380
2.50%, 07/15/33^(d)	EUR	1,080		1,081,356
2.75%, 01/15/47^(d)	EUR	2,617		2,507,570
3.75%, 01/15/42^(d)	EUR	4,066		4,520,624
4.00%, 01/15/37^(d)	EUR	2,372		2,693,345
5.50%, 01/15/28^(d)	EUR	500		582,311

				51,131,886

New Zealand — 0.3%
Auckland Council, 0.25%, 11/17/31^(a)	EUR	400		324,306
Housing New Zealand Ltd., 3.42%, 10/18/28	NZD	500		262,230
New Zealand Government Bond 0.25%, 05/15/28	NZD	1,740		807,004
0.50%, 05/15/24	NZD	2,100		1,190,472
0.50%, 05/15/26	NZD	1,250		644,867
1.50%, 05/15/31	NZD	1,430		629,153
1.75%, 05/15/41	NZD	1,530		499,119
2.00%, 05/15/32	NZD	2,885		1,280,467
2.75%, 04/15/25^(a)	NZD	2,630		1,472,450
2.75%, 04/15/37^(a)	NZD	2,530		1,064,599
2.75%, 05/15/51	NZD	750		259,591
3.00%, 04/20/29	NZD	3,532		1,825,949
3.50%, 04/14/33^(a)	NZD	1,349		667,462
4.25%, 05/15/34	NZD	1,000		520,110
4.50%, 04/15/27^(a)	NZD	1,980		1,122,765
New Zealand Local Government Funding Agency Bond 1.50%, 04/15/26^(a)	NZD	200		105,209
1.50%, 04/20/29	NZD	345		159,527
2.25%, 05/15/31^(a)	NZD	1,000		446,267
3.50%, 04/14/33	NZD	200		93,365
4.50%, 05/15/30^(a)	NZD	600		320,935

				13,695,847

Norway — 0.2%
Kommunalbanken AS 0.05%, 10/24/29^(a)	EUR	300		261,728
0.60%, 06/01/26	AUD	286		161,812
4.25%, 07/16/25	AUD	150		93,929
4.40%, 02/17/26	AUD	200		124,920
Norway Government Bond 1.25%, 09/17/31^(d)	NOK	6,470		471,733
1.38%, 08/19/30^(d)	NOK	17,688		1,337,566
1.50%, 02/19/26^(d)	NOK	9,892		834,754
1.75%, 03/13/25^(d)	NOK	5,300		459,006
1.75%, 02/17/27^(d)	NOK	5,794		481,488
1.75%, 09/06/29^(d)	NOK	5,358		423,730
2.00%, 04/26/28^(d)	NOK	8,820		724,730
2.13%, 05/18/32^(d)	NOK	8,956		691,402
3.00%, 03/14/24^(d)	NOK	12,287		1,094,664
3.00%, 08/15/33^(d)	NOK	6,500		532,917
3.50%, 10/06/42^(a)(d)	NOK	2,550		219,177

				7,913,556

Peru — 0.1%
Peru Government Bond 5.35%, 08/12/40	PEN	3,760		762,553
5.40%, 08/12/34	PEN	3,930		856,700
6.15%, 08/12/32	PEN	4,289		1,021,879
6.35%, 08/12/28	PEN	2,865		735,678
7.30%, 08/12/33^(d)	PEN	5,430		1,386,983


Security	Par (000)		Value

Peru (continued)
Peruvian Government International Bond 1.95%, 11/17/36 (Call 08/17/36)	EUR	200	$	144,654
2.75%, 01/30/26	EUR	100		101,591
3.75%, 03/01/30	EUR	200		199,646

				5,209,684

Philippines — 0.0%
Philippine Government International Bond 0.70%, 02/03/29	EUR	100		87,857
0.88%, 05/17/27	EUR	200		187,475
1.20%, 04/28/33	EUR	100		78,208
1.75%, 04/28/41	EUR	100		66,618

				420,158

Poland — 0.5%
Bank Gospodarstwa Krajowego 0.50%, 07/08/31^(a)	EUR	300		230,310
1.38%, 06/01/25^(a)	EUR	350		352,031
1.63%, 04/30/28^(a)	EUR	100		93,436
4.00%, 09/08/27^(a)	EUR	200		209,601
5.13%, 02/22/33^(a)	EUR	100		107,505
Republic of Poland Government Bond 0.25%, 10/25/26	PLN	12,693		2,618,935
0.75%, 04/25/25	PLN	4,000		891,593
1.25%, 10/25/30	PLN	4,551		826,945
1.75%, 04/25/32	PLN	9,010		1,595,081
2.25%, 10/25/24	PLN	5,000		1,154,588
2.50%, 04/25/24	PLN	4,420		1,036,515
2.50%, 07/25/26	PLN	10,390		2,307,714
2.50%, 07/25/27	PLN	5,088		1,102,870
2.75%, 04/25/28	PLN	13,300		2,853,715
2.75%, 10/25/29	PLN	8,780		1,815,910
4.00%, 04/25/47	PLN	2,250		418,788
7.50%, 07/25/28	PLN	5,140		1,329,968
Republic of Poland Government International Bond
0.88%, 05/10/27^(a)	EUR	200		191,516
1.00%, 10/25/28^(a)	EUR	550		511,593
1.00%, 03/07/29^(a)	EUR	400		370,793
1.50%, 09/09/25^(a)	EUR	100		101,156
1.50%, 01/19/26^(a)	EUR	250		251,693
2.00%, 03/08/49^(a)	EUR	150		99,043
2.75%, 05/25/32^(a)	EUR	300		287,635
4.25%, 02/14/43^(a)	EUR	450		445,366
5.25%, 01/20/25	EUR	937		1,006,905

				22,211,205

Portugal — 0.5%
Portugal Obrigacoes do Tesouro OT 0.30%, 10/17/31^(d)	EUR	1,329		1,106,882
0.48%, 10/18/30^(d)	EUR	1,799		1,575,861
0.70%, 10/15/27^(d)	EUR	2,109		2,042,936
0.90%, 10/12/35^(d)	EUR	1,255		963,055
1.00%, 04/12/52^(d)	EUR	770		388,881
1.65%, 07/16/32^(d)	EUR	950		866,283
1.95%, 06/15/29^(a)(d)	EUR	2,075		2,064,548
2.13%, 10/17/28^(d)	EUR	2,460		2,492,179
2.25%, 04/18/34^(d)	EUR	1,208		1,122,491
2.88%, 10/15/25^(d)	EUR	2,752		2,902,063
2.88%, 07/21/26^(d)	EUR	1,378		1,456,115
3.50%, 06/18/38^(d)	EUR	941		946,398
3.88%, 02/15/30^(d)	EUR	1,339		1,470,274
4.10%, 04/15/37^(d)	EUR	1,659		1,789,692


Security		Par (000)		Value

Portugal (continued)
4.10%, 02/15/45^(d)	EUR		1,139	$	1,197,462
4.13%, 04/14/27^(d)	EUR		1,600		1,751,458

					24,136,578

Romania — 0.3%
Romania Government Bond 3.65%, 09/24/31	RON		3,500		599,486
4.15%, 01/26/28	RON		5,755		1,118,129
4.15%, 10/24/30	RON		3,690		670,850
4.75%, 10/11/34	RON		2,120		372,097
4.85%, 04/22/26	RON		10,810		2,228,288
5.00%, 02/12/29	RON		5,865		1,150,446
6.70%, 02/25/32	RON		5,000		1,041,224
8.25%, 09/29/32	RON		1,000		229,767
Romania Government Bonds, 7.90%, 02/24/38	RON		2,500		568,372
Romania Government International Bond 1.38%, 12/02/29^(a)	EUR		100		82,314
5.50%, 09/18/28^(a)	EUR		500		527,124
6.38%, 09/18/33^(a)	EUR		500		522,226
6.63%, 09/27/29^(a)	EUR		200		217,777
Romanian Government International Bond 1.75%, 07/13/30^(a)	EUR		500		403,386
2.00%, 12/08/26^(a)	EUR		200		193,544
2.00%, 01/28/32^(a)	EUR		250		190,627
2.00%, 04/14/33^(a)	EUR		300		218,414
2.12%, 07/16/31^(a)	EUR		250		196,080
2.13%, 03/07/28^(a)	EUR		200		183,742
2.38%, 04/19/27^(a)	EUR		250		241,402
2.50%, 02/08/30^(a)	EUR		200		174,444
2.63%, 12/02/40^(a)	EUR		200		124,729
2.75%, 10/29/25^(a)	EUR		235		240,445
2.75%, 04/14/41^(a)	EUR		200		125,187
2.88%, 05/26/28^(a)	EUR		294		279,735
2.88%, 03/11/29^(a)	EUR		397		369,318
2.88%, 04/13/42^(a)	EUR		200		124,376
3.38%, 02/08/38^(a)	EUR		350		261,018
3.38%, 01/28/50^(a)	EUR		335		209,889
3.50%, 04/03/34^(a)	EUR		200		165,054
3.62%, 05/26/30^(a)	EUR		400		366,043
3.63%, 04/24/24^(a)	EUR		75		79,052
3.75%, 02/07/34^(a)	EUR		200		167,407
4.63%, 04/03/49^(a)	EUR		270		211,823
5.00%, 09/27/26^(a)	EUR		300		318,727

					14,172,542

Saudi Arabia — 0.0%
Saudi Government International Bond 0.63%, 03/03/30^(a)	EUR		100		85,309
2.00%, 07/09/39^(a)	EUR		350		252,628

					337,937

Singapore — 0.4%
Singapore Government Bond 0.50%, 11/01/25	SGD		1,040		714,020
1.25%, 11/01/26	SGD		1,286		879,322
1.63%, 07/01/31	SGD		1,605		1,034,098
1.88%, 03/01/50	SGD		1,120		625,129
1.88%, 10/01/51	SGD		852		477,758
2.00%, 02/01/24	SGD		1,000		726,383
2.13%, 06/01/26	SGD		2,530		1,783,036
2.25%, 08/01/36	SGD		1,970		1,272,874
2.38%, 06/01/25	SGD		421		301,252
2.38%, 07/01/39	SGD		1,710		1,105,942


Security	Par (000)		Value

Singapore (continued)
2.63%, 05/01/28	SGD	952	$	675,386
2.63%, 08/01/32	SGD	1,510		1,039,072
2.75%, 04/01/42	SGD	702		475,108
2.75%, 03/01/46	SGD	1,660		1,117,003
2.88%, 07/01/29	SGD	1,370		977,206
2.88%, 09/01/30	SGD	2,421		1,716,225
3.00%, 09/01/24	SGD	1,315		953,784
3.00%, 08/01/72^(a)	SGD	1,083		780,783
3.38%, 09/01/33	SGD	1,064		777,328
3.50%, 03/01/27	SGD	1,230		899,815

				18,331,524

Slovakia — 0.2%
Slovakia Government Bond 0.13%, 06/17/27^(a)	EUR	1,430		1,343,919
0.75%, 04/09/30^(a)	EUR	946		830,558
1.00%, 05/14/32^(a)	EUR	1,580		1,304,154
1.38%, 01/21/27^(a)	EUR	1,034		1,023,099
1.63%, 01/21/31^(a)	EUR	802		732,462
1.88%, 03/09/37^(a)	EUR	925		727,827
2.00%, 10/17/47^(a)	EUR	350		237,601
2.25%, 06/12/68^(a)	EUR	370		228,849
3.63%, 06/08/33^(a)	EUR	570		582,808
4.00%, 02/23/43^(a)	EUR	600		587,582
4.35%, 10/14/25^(a)	EUR	1,150		1,230,998

				8,829,857

Slovenia — 0.1%
Slovenia Government Bond 0.49%, 10/20/50^(a)	EUR	240		105,370
0.88%, 07/15/30^(a)	EUR	900		799,977
1.18%, 02/13/62^(a)	EUR	530		268,313
1.19%, 03/14/29^(a)	EUR	1,240		1,164,626
1.25%, 03/22/27^(a)	EUR	434		427,328
1.75%, 11/03/40^(a)	EUR	123		91,906
2.25%, 03/03/32^(a)	EUR	1,320		1,257,803
3.13%, 08/07/45^(a)	EUR	451		409,058

				4,524,381

South Korea — 2.3%
Export-Import Bank of Korea 0.83%, 04/27/25^(a)	EUR	536		541,853
3.63%, 09/18/27	EUR	400		422,263
Korea Development Bank (The) 2.63%, 09/08/27	EUR	200		204,680
3.38%, 05/23/28^(a)	EUR	500		522,704
Korea Housing Finance Corp. 0.00%, 06/29/26^(a)	EUR	400		381,699
0.10%, 06/18/24^(a)	EUR	300		309,387
0.72%, 03/22/25^(a)	EUR	150		151,428
3.71%, 04/11/27^(a)	EUR	300		315,520
Korea Treasury Bond 1.13%, 06/10/24	KRW	4,000,000		2,921,453
1.13%, 09/10/25	KRW	2,799,720		1,968,193
1.13%, 09/10/39	KRW	2,004,990		969,637
1.25%, 03/10/26	KRW	1,862,790		1,292,165
1.38%, 09/10/24	KRW	3,048,280		2,212,765
1.38%, 12/10/29	KRW	2,291,750		1,435,832
1.38%, 06/10/30	KRW	5,410,230		3,341,697
1.50%, 03/10/25	KRW	3,483,470		2,502,631
1.50%, 12/10/26	KRW	1,750,000		1,196,124
1.50%, 12/10/30	KRW	4,523,980		2,781,510
1.50%, 09/10/36	KRW	1,467,540		791,224


Security	Par (000)		Value

South Korea (continued)
1.50%, 09/10/40	KRW	2,095,520	$	1,061,225
1.50%, 03/10/50	KRW	6,228,160		2,788,099
1.63%, 09/10/70	KRW	1,784,450		648,213
1.75%, 09/10/26	KRW	1,000,000		693,629
1.88%, 12/10/24	KRW	590,790		428,291
1.88%, 06/10/26	KRW	1,732,660		1,212,185
1.88%, 06/10/29	KRW	913,770		597,398
1.88%, 09/10/41	KRW	1,997,200		1,053,755
1.88%, 03/10/51	KRW	6,016,310		2,889,660
2.00%, 06/10/31	KRW	4,516,410		2,847,488
2.00%, 03/10/46	KRW	1,715,380		879,241
2.00%, 03/10/49	KRW	5,543,200		2,756,312
2.00%, 09/10/68	KRW	954,650		406,644
2.13%, 06/10/27	KRW	1,260,640		869,430
2.13%, 03/10/47	KRW	3,332,420		1,737,141
2.25%, 06/10/25	KRW	1,996,790		1,439,846
2.25%, 12/10/25	KRW	7,071,730		5,044,194
2.25%, 09/10/37	KRW	1,131,500		661,460
2.38%, 03/10/27	KRW	3,190,460		2,232,155
2.38%, 12/10/27	KRW	2,300,000		1,586,412
2.38%, 12/10/28	KRW	1,000,000		677,584
2.38%, 12/10/31	KRW	3,013,140		1,936,000
2.38%, 09/10/38	KRW	4,460,000		2,626,858
2.50%, 03/10/52	KRW	2,300,000		1,254,776
2.63%, 06/10/28	KRW	1,170,670		808,391
2.63%, 09/10/35	KRW	1,628,800		1,020,773
2.63%, 03/10/48	KRW	3,773,110		2,162,347
2.75%, 12/10/44	KRW	1,752,210		1,043,094
2.88%, 06/10/24	KRW	5,877,140		4,329,604
3.00%, 09/10/24	KRW	1,520,000		1,119,197
3.00%, 12/10/42	KRW	2,280,000		1,429,252
3.13%, 06/10/25	KRW	5,341,990		3,905,716
3.13%, 06/10/26	KRW	3,108,130		2,247,210
3.13%, 09/10/27	KRW	6,000,000		4,282,318
3.13%, 09/10/52	KRW	2,918,600		1,813,301
3.25%, 03/10/28	KRW	5,300,000		3,774,934
3.25%, 06/10/33	KRW	5,500,000		3,730,503
3.25%, 09/10/42	KRW	2,019,610		1,316,786
3.25%, 03/10/53	KRW	7,447,820		4,751,325
3.38%, 06/10/32	KRW	2,304,790		1,590,047
3.50%, 09/10/28	KRW	4,000,000		2,871,322
3.50%, 09/10/72	KRW	400,000		260,662
3.63%, 09/10/53	KRW	990,020		677,272
3.75%, 12/10/33	KRW	1,771,260		1,249,874
4.00%, 12/10/31	KRW	1,750,000		1,266,219
4.25%, 12/10/32	KRW	3,500,000		2,575,735
4.75%, 12/10/30	KRW	160,000		121,793
5.25%, 03/10/27	KRW	100,000		76,604
5.50%, 12/10/29	KRW	150,000		118,247

				111,133,287

Spain — 3.6%
Adif Alta Velocidad 0.55%, 10/31/31^(a)	EUR	500		402,301
1.88%, 01/28/25^(a)	EUR	300		309,892
Autonomous Community of Andalusia Spain 0.50%, 04/30/31^(a)	EUR	200		164,696
1.88%, 10/31/28^(a)	EUR	200		194,155
2.40%, 04/30/32^(a)	EUR	200		186,673
Autonomous Community of Catalonia, 4.22%, 04/26/35	EUR	200		200,136


Security	Par (000)		Value

Spain (continued)
Autonomous Community of Madrid Spain 0.42%, 04/30/30^(a)	EUR	530	$	453,704
0.42%, 04/30/31^(a)	EUR	100		82,237
0.83%, 07/30/27^(a)	EUR	500		479,145
1.00%, 09/30/24^(a)	EUR	250		257,714
1.57%, 04/30/29^(a)	EUR	200		189,857
1.77%, 04/30/28^(a)	EUR	235		229,989
1.83%, 04/30/25^(a)	EUR	250		257,291
4.30%, 09/15/26	EUR	200		215,452
Basque Government 0.25%, 04/30/31^(a)	EUR	100		81,797
0.45%, 04/30/32^(a)	EUR	100		80,101
1.45%, 04/30/28^(a)	EUR	200		193,388
1.88%, 07/30/33^(a)	EUR	100		87,712
Instituto de Credito Oficial 2.65%, 01/31/28^(a)	EUR	500		510,716
3.80%, 05/31/29^(a)	EUR	500		533,812
Spain Government Bond 0.00%, 01/31/25	EUR	3,880		3,932,276
0.00%, 05/31/25	EUR	2,000		2,006,158
0.00%, 01/31/26	EUR	5,335		5,243,921
0.00%, 01/31/27	EUR	956		909,788
0.00%, 01/31/28	EUR	6,037		5,556,891
0.10%, 04/30/31^(d)	EUR	7,940		6,494,474
0.50%, 04/30/30^(d)	EUR	3,549		3,111,337
0.50%, 10/31/31^(d)	EUR	2,520		2,091,947
0.60%, 10/31/29^(d)	EUR	1,488		1,334,564
0.70%, 04/30/32^(d)	EUR	3,620		3,005,281
0.80%, 07/30/27^(d)	EUR	7,270		7,019,479
0.80%, 07/30/29	EUR	4,290		3,923,674
0.85%, 07/30/37^(d)	EUR	2,877		2,000,170
1.00%, 07/30/42^(d)	EUR	3,053		1,858,162
1.00%, 10/31/50^(d)	EUR	3,300		1,614,861
1.20%, 10/31/40^(d)	EUR	2,640		1,762,417
1.25%, 10/31/30^(d)	EUR	3,929		3,573,443
1.30%, 10/31/26^(d)	EUR	3,933		3,928,114
1.40%, 04/30/28^(d)	EUR	2,779		2,705,793
1.40%, 07/30/28^(d)	EUR	8,651		8,382,527
1.45%, 10/31/27^(d)	EUR	3,204		3,156,157
1.45%, 04/30/29^(d)	EUR	4,564		4,361,475
1.45%, 10/31/71^(d)	EUR	930		397,833
1.50%, 04/30/27^(d)	EUR	4,895		4,874,246
1.60%, 04/30/25^(d)	EUR	6,900		7,107,690
1.85%, 07/30/35^(d)	EUR	2,988		2,533,887
1.90%, 10/31/52^(d)	EUR	2,610		1,595,421
1.95%, 04/30/26^(d)	EUR	4,824		4,940,737
1.95%, 07/30/30^(d)	EUR	4,847		4,651,353
2.15%, 10/31/25^(d)	EUR	6,099		6,313,257
2.35%, 07/30/33^(d)	EUR	2,726		2,542,619
2.55%, 10/31/32^(d)	EUR	5,000		4,806,942
2.70%, 10/31/48^(d)	EUR	4,059		3,160,818
2.90%, 10/31/46^(d)	EUR	2,830		2,338,149
3.15%, 04/30/33^(d)	EUR	5,460		5,472,089
3.45%, 07/30/43^(a)(d)	EUR	719		663,688
3.45%, 07/30/66^(d)	EUR	2,636		2,185,997
3.55%, 10/31/33^(d)	EUR	3,610		3,717,608
3.90%, 07/30/39^(d)	EUR	1,518		1,531,956
4.20%, 01/31/37^(d)	EUR	3,130		3,342,990
4.65%, 07/30/25^(d)	EUR	3,978		4,298,070
4.70%, 07/30/41^(d)	EUR	4,667		5,163,182
4.90%, 07/30/40^(d)	EUR	3,162		3,573,661


Security	Par (000)		Value

Spain (continued)
5.15%, 10/31/28^(d)	EUR	2,268	$	2,592,536
5.15%, 10/31/44^(d)	EUR	1,920		2,238,733
5.75%, 07/30/32	EUR	3,015		3,670,934
6.00%, 01/31/29	EUR	3,443		4,094,653

				170,892,726

Supranational — 2.8%
African Development Bank 0.13%, 10/07/26	EUR	150		144,850
0.25%, 11/21/24	EUR	300		305,852
0.50%, 06/22/26	GBP	300		324,308
0.50%, 03/22/27	EUR	200		193,112
0.50%, 03/21/29	EUR	300		274,664
1.10%, 12/16/26	AUD	500		281,271
2.25%, 09/14/29	EUR	200		199,902
Asian Development Bank 0.00%, 10/24/29^(a)	EUR	200		175,181
0.10%, 06/17/31	EUR	170		141,063
0.13%, 12/15/26	GBP	500		526,479
0.35%, 07/16/25	EUR	330		331,118
0.80%, 11/06/25	AUD	500		292,546
1.50%, 05/04/28	CAD	200		126,399
1.95%, 07/22/32	EUR	500		470,151
2.00%, 06/10/37	EUR	200		174,287
Council of Europe Development Bank 0.00%, 04/09/27^(a)	EUR	400		379,193
0.75%, 06/09/25^(a)	EUR	50		50,609
Eurofima Europaeische Gesellschaft fuer die Finanzierung von Eisenbahnmaterial
0.15%, 10/10/34^(a)	EUR	480		352,241
0.25%, 02/09/24^(a)	EUR	100		104,776
European Financial Stability Facility 0.00%, 10/15/25^(a)	EUR	1,900		1,886,401
0.00%, 10/13/27^(a)	EUR	1,400		1,306,624
0.00%, 01/20/31^(a)	EUR	1,350		1,126,056
0.05%, 10/17/29^(a)	EUR	570		499,160
0.05%, 01/18/52^(a)	EUR	305		114,289
0.13%, 03/18/30^(a)	EUR	500		434,226
0.38%, 10/11/24^(a)	EUR	350		359,399
0.40%, 02/17/25^(a)	EUR	1,125		1,144,517
0.50%, 07/11/25^(a)	EUR	1,000		1,008,636
0.63%, 10/16/26^(a)	EUR	900		883,110
0.70%, 01/20/50^(a)	EUR	610		315,973
0.70%, 01/17/53^(a)	EUR	400		191,928
0.75%, 05/03/27^(a)	EUR	540		526,018
0.88%, 04/10/35^(a)	EUR	1,270		1,001,118
0.95%, 02/14/28^(a)	EUR	1,180		1,136,436
1.20%, 02/17/45^(a)	EUR	450		297,623
1.25%, 05/24/33^(a)	EUR	1,210		1,050,832
1.38%, 05/31/47^(a)	EUR	1,322		879,044
1.45%, 09/05/40^(a)	EUR	450		337,906
1.50%, 12/15/25^(a)	EUR	1,350		1,376,916
1.70%, 02/13/43^(a)	EUR	910		686,485
1.75%, 06/27/24^(a)	EUR	100		104,493
1.75%, 07/17/53^(a)	EUR	380		253,617
1.80%, 07/10/48^(a)	EUR	200		142,858
2.00%, 02/28/56^(a)	EUR	250		174,892
2.13%, 02/19/24^(a)	EUR	50		52,647
2.35%, 07/29/44^(a)	EUR	200		167,806
2.38%, 04/11/28^(a)	EUR	600		613,256
2.38%, 06/21/32^(a)	EUR	1,000		973,939
2.75%, 12/03/29^(a)	EUR	180		184,906


Security	Par (000)		Value

Supranational (continued)
2.88%, 02/16/33^(a)	EUR	398	$	401,762
3.38%, 04/03/37^(a)	EUR	560		570,594
3.50%, 04/11/29^(a)	EUR	1,200		1,283,129
European Investment Bank 0.00%, 03/25/25	EUR	400		403,556
0.00%, 03/13/26^(a)	EUR	1,460		1,434,234
0.00%, 12/22/26^(a)	EUR	825		792,612
0.00%, 06/17/27	EUR	750		709,029
0.00%, 03/28/28^(a)	EUR	561		516,938
0.00%, 09/09/30^(a)	EUR	1,010		856,431
0.00%, 01/14/31^(a)	EUR	725		606,796
0.00%, 11/15/35^(a)	EUR	650		449,980
0.00%, 05/15/41^(a)	EUR	540		299,394
0.05%, 11/15/29^(a)	EUR	939		823,601
0.05%, 01/16/30	EUR	800		697,739
0.05%, 10/13/34^(a)	EUR	500		363,737
0.05%, 01/27/51^(a)	EUR	200		77,838
0.10%, 10/15/26	EUR	100		96,887
0.13%, 04/15/25	EUR	150		151,409
0.13%, 12/14/26^(a)	GBP	400		421,532
0.13%, 06/20/29^(a)	EUR	850		758,954
0.25%, 10/14/24^(a)	EUR	634		650,404
0.25%, 09/14/29	EUR	450		401,824
0.25%, 01/20/32^(a)	EUR	600		496,184
0.25%, 06/15/40^(a)	EUR	350		211,312
0.38%, 07/16/25	EUR	1,400		1,409,508
0.38%, 04/14/26^(a)	EUR	530		523,802
0.38%, 05/15/26^(a)	EUR	590		582,286
0.50%, 01/15/27	EUR	1,691		1,648,801
0.50%, 11/13/37	EUR	375		260,447
0.63%, 01/22/29^(a)	EUR	810		751,904
0.75%, 11/15/24^(a)	GBP	590		684,591
0.75%, 07/22/27^(a)	GBP	500		525,258
0.88%, 09/13/24^(a)	EUR	500		516,624
0.88%, 05/15/26^(a)	GBP	300		330,112
0.88%, 01/14/28^(a)	EUR	400		385,886
1.00%, 09/21/26^(a)	GBP	440		479,878
1.00%, 03/14/31^(a)	EUR	520		468,721
1.00%, 04/14/32^(a)	EUR	690		604,975
1.00%, 11/14/42^(a)	EUR	440		290,452
1.13%, 11/15/32	EUR	450		393,485
1.13%, 04/13/33^(a)	EUR	600		518,470
1.13%, 09/15/36^(a)	EUR	950		749,106
1.25%, 05/12/25^(a)	SEK	1,000		85,880
1.38%, 03/07/25^(a)	GBP	800		925,401
1.50%, 06/15/32^(a)	EUR	500		456,122
1.50%, 11/15/47	EUR	50		33,987
1.50%, 10/16/48	EUR	480		319,253
1.75%, 09/15/45^(a)	EUR	500		370,695
1.90%, 01/22/25^(a)	CAD	500		346,994
2.25%, 03/15/30^(a)	EUR	2,000		1,995,980
2.75%, 07/28/28^(a)	EUR	1,000		1,039,064
2.88%, 01/12/33^(a)	EUR	1,000		1,013,214
3.00%, 10/14/33^(a)	EUR	1,000		1,017,086
3.30%, 02/03/28	AUD	750		443,201
3.50%, 04/15/27^(a)	EUR	150		160,584
3.88%, 06/08/37^(a)	GBP	570		618,466
4.00%, 04/15/30	EUR	900		993,318
4.00%, 10/15/37	EUR	400		437,904
4.50%, 06/07/29^(a)	GBP	240		288,815
5.00%, 04/15/39	GBP	40		48,313


Security	Par (000)		Value

Supranational (continued)
5.63%, 06/07/32	GBP	300	$	388,072
6.00%, 12/07/28	GBP	300		385,032
European Stability Mechanism 0.00%, 03/14/25^(a)	EUR	620		625,997
0.00%, 03/04/30^(a)	EUR	800		689,944
0.00%, 10/15/31^(a)	EUR	420		342,501
0.50%, 03/02/26^(a)	EUR	1,100		1,093,014
0.50%, 03/05/29^(a)	EUR	660		605,932
0.75%, 03/15/27^(a)	EUR	750		732,562
0.75%, 09/05/28^(a)	EUR	1,390		1,309,337
0.88%, 07/18/42^(a)	EUR	80		50,891
1.00%, 09/23/25^(a)	EUR	500		506,857
1.00%, 06/23/27^(a)	EUR	716		700,586
1.13%, 05/03/32^(a)	EUR	200		176,606
1.20%, 05/23/33^(a)	EUR	600		521,379
1.63%, 11/17/36^(a)	EUR	100		83,429
1.75%, 10/20/45^(a)	EUR	310		227,817
1.80%, 11/02/46^(a)	EUR	660		486,644
1.85%, 12/01/55^(a)	EUR	420		277,511
European Union 0.00%, 11/04/25^(a)	EUR	708		703,184
0.00%, 07/06/26^(a)	EUR	2,800		2,723,748
0.00%, 06/02/28^(a)	EUR	1,000		917,593
0.00%, 10/04/28^(a)	EUR	2,450		2,216,869
0.00%, 07/04/29^(a)	EUR	800		707,724
0.00%, 10/04/30^(a)	EUR	1,600		1,354,936
0.00%, 04/22/31^(a)	EUR	1,000		829,871
0.00%, 07/04/31^(a)	EUR	3,010		2,469,063
0.00%, 07/04/35^(a)	EUR	1,845		1,287,159
0.10%, 10/04/40^(a)	EUR	1,200		691,670
0.20%, 06/04/36^(a)	EUR	2,075		1,436,119
0.25%, 04/22/36^(a)	EUR	900		631,303
0.30%, 11/04/50^(a)	EUR	1,762		770,222
0.40%, 02/04/37^(a)	EUR	3,412		2,381,895
0.45%, 07/04/41^(a)	EUR	1,960		1,167,281
0.45%, 05/02/46^(a)	EUR	1,200		634,062
0.50%, 04/04/25^(a)	EUR	1,480		1,503,481
0.70%, 07/06/51^(a)	EUR	2,310		1,132,536
0.75%, 04/04/31^(a)	EUR	180		158,694
0.75%, 01/04/47^(a)	EUR	830		470,030
0.80%, 07/04/25^(a)	EUR	1,975		2,001,609
1.00%, 07/06/32^(a)	EUR	2,850		2,474,148
1.13%, 04/04/36^(a)	EUR	100		79,483
1.13%, 06/04/37^(a)	EUR	400		306,502
1.25%, 04/04/33^(a)	EUR	860		752,444
1.25%, 02/04/43^(a)	EUR	1,741		1,184,190
1.38%, 10/04/29^(a)	EUR	569		541,765
1.50%, 10/04/35^(a)	EUR	60		50,548
1.63%, 12/04/29^(a)	EUR	2,250		2,166,363
2.00%, 10/04/27^(a)	EUR	4,000		4,046,225
2.50%, 11/04/27^(a)	EUR	650		670,061
2.50%, 10/04/52^(a)	EUR	1,825		1,441,730
2.63%, 02/04/48^(a)	EUR	2,130		1,808,612
2.75%, 10/05/26^(a)	EUR	3,129		3,267,852
2.75%, 02/04/33^(a)	EUR	1,417		1,420,043
2.75%, 12/04/37^(a)	EUR	625		588,202
2.88%, 04/04/28	EUR	891		930,690
3.00%, 03/04/53^(a)	EUR	1,000		875,688
3.13%, 12/04/30^(a)	EUR	1,500		1,563,789
3.25%, 07/04/34^(a)	EUR	800		819,558
3.38%, 04/04/32^(a)	EUR	150		158,611


Security	Par (000)		Value

Supranational (continued)
3.38%, 04/04/38^(a)	EUR	300	$	303,086
3.38%, 11/04/42^(a)	EUR	2,150		2,096,940
3.75%, 04/04/42^(a)	EUR	530		550,954
4.00%, 04/04/44^(a)	EUR	1,300		1,378,048
Inter-American Development Bank 0.88%, 08/27/27	CAD	200		125,609
1.00%, 08/04/28	AUD	200		104,245
1.25%, 12/15/25	GBP	200		224,822
1.38%, 12/15/24	GBP	100		116,248
1.70%, 10/10/24	CAD	200		139,685
1.95%, 04/23/24	AUD	500		313,306
2.50%, 04/14/27^(a)	AUD	100		58,327
International Bank for Reconstruction & Development 0.00%, 02/21/30	EUR	500		431,108
0.13%, 01/03/51	EUR	200		81,836
0.20%, 01/21/61	EUR	230		71,747
0.25%, 05/21/29	EUR	500		449,737
0.25%, 01/10/50	EUR	120		53,433
0.50%, 05/18/26	AUD	100		56,790
0.63%, 11/22/27	EUR	200		191,343
0.63%, 01/12/33^(a)	EUR	60		49,619
0.88%, 12/13/24	GBP	300		346,911
1.00%, 12/21/29	GBP	400		391,949
1.25%, 12/13/28	GBP	500		513,185
1.90%, 01/16/25	CAD	940		652,744
2.90%, 11/26/25	AUD	510		311,199
3.70%, 01/18/28	CAD	1,000		698,750
International Development Association 0.00%, 07/15/31^(a)	EUR	300		245,342
0.35%, 04/22/36^(a)	EUR	200		143,710
0.70%, 01/17/42^(a)	EUR	50		31,340
0.75%, 09/21/28^(a)	GBP	300		302,428
1.75%, 05/05/37^(a)	EUR	530		446,914
2.50%, 01/15/38^(a)	EUR	650		596,428
International Finance Corp., 3.15%, 06/26/29^(a)	AUD	580		329,298
Nordic Investment Bank, 0.00%, 04/30/27^(a)	EUR	300		284,691

				131,905,008

Sweden — 0.4%
Kommuninvest I Sverige AB 0.38%, 06/10/26^(a)	SEK	16,860		1,382,259
1.00%, 11/13/23^(a)	SEK	5,000		447,503
1.00%, 05/12/25^(a)	SEK	13,000		1,113,896
1.00%, 11/12/26^(a)	SEK	5,000		412,827
2.88%, 05/23/30^(a)	EUR	200		206,926
Svensk Exportkredit AB 0.13%, 12/15/25^(a)	GBP	200		218,707
3.38%, 08/30/30^(a)	EUR	1,000		1,050,269
Sveriges Sakerstallda Obligationer AB, 3.50%, 06/14/28^(a)	SEK	2,000		175,735
Sweden Government Bond 0.13%, 05/12/31^(a)(d)	SEK	21,705		1,582,185
0.50%, 11/24/45^(a)	SEK	2,760		145,814
0.75%, 05/12/28^(a)	SEK	29,440		2,392,962
0.75%, 11/12/29^(a)	SEK	15,370		1,213,311
1.00%, 11/12/26^(a)	SEK	27,550		2,319,190
1.75%, 11/11/33^(a)	SEK	10,000		803,548
2.25%, 06/01/32^(a)	SEK	12,890		1,095,764
2.50%, 05/12/25^(a)	SEK	22,400		1,978,366
3.50%, 03/30/39^(a)	SEK	6,380		603,019


Security	Par (000)		Value

Sweden (continued)
Swedish Covered Bond, 0.75%, 06/09/32^(a)	SEK	2,000	$	136,806

				17,279,087

Switzerland — 0.5%
Canton of Zurich, 0.00%, 11/10/33^(a)	CHF	300		283,429
Swiss Confederation Government Bond 0.00%, 06/22/29^(a)	CHF	10,222		10,625,402
0.00%, 06/26/34^(a)	CHF	6,757		6,596,760
0.00%, 07/24/39^(a)	CHF	4,839		4,418,257

				21,923,848

Thailand — 0.6%
Thailand Government Bond 1.00%, 06/17/27	THB	61,190		1,600,026
1.59%, 12/17/35	THB	50,000		1,141,193
1.60%, 12/17/29	THB	45,481		1,168,112
1.60%, 06/17/35	THB	31,330		723,524
2.00%, 12/17/31	THB	87,120		2,220,631
2.00%, 06/17/42	THB	49,208		1,064,190
2.13%, 12/17/26	THB	36,520		999,129
2.35%, 06/17/26	THB	61,380		1,695,677
2.65%, 06/17/28	THB	40,000		1,102,587
2.75%, 06/17/52	THB	41,420		925,079
2.88%, 12/17/28	THB	92,885		2,583,967
2.88%, 06/17/46	THB	43,902		1,044,940
3.30%, 06/17/38	THB	61,106		1,637,348
3.35%, 06/17/33	THB	50,840		1,429,740
3.40%, 06/17/36	THB	28,875		792,480
3.45%, 06/17/43	THB	20,000		536,421
3.58%, 12/17/27	THB	14,000		400,796
3.60%, 06/17/67	THB	38,050		971,724
3.65%, 06/20/31	THB	31,080		894,934
3.80%, 06/14/41	THB	2,000		56,814
3.85%, 12/12/25	THB	36,765		1,049,605
4.00%, 06/17/66	THB	9,000		251,142
4.00%, 06/17/72	THB	25,000		684,701
4.26%, 12/12/37^(a)	THB	35,800		1,059,869
4.68%, 06/29/44	THB	17,120		538,425
4.85%, 06/17/61	THB	4,500		146,855

				26,719,909

United Kingdom — 5.6%
LCR Finance PLC 4.50%, 12/07/28^(a)	GBP	150		180,150
4.50%, 12/07/38^(a)	GBP	200		226,803
Transport for London, 3.88%, 07/23/42^(a)	GBP	350		326,806
U.K. Gilts, 4.63%, 01/31/34^(a)	GBP	2,920		3,557,878
United Kingdom Gilt 0.13%, 01/30/26^(a)	GBP	4,840		5,351,077
0.13%, 01/31/28^(a)	GBP	6,007		6,122,056
0.25%, 01/31/25^(a)	GBP	9,800		11,264,680
0.25%, 07/31/31^(a)	GBP	9,930		8,809,238
0.38%, 10/22/26^(a)	GBP	5,412		5,840,654
0.38%, 10/22/30^(a)	GBP	7,797		7,231,697
0.50%, 01/31/29^(a)	GBP	6,800		6,770,287
0.50%, 10/22/61^(a)	GBP	3,794		1,219,592
0.63%, 06/07/25^(a)	GBP	8,941		10,205,377
0.63%, 07/31/35^(a)	GBP	7,360		5,714,808
0.63%, 10/22/50^(a)	GBP	5,359		2,354,538
0.88%, 10/22/29^(a)	GBP	3,780		3,773,320
0.88%, 07/31/33^(a)	GBP	3,220		2,798,181
0.88%, 01/31/46^(a)	GBP	4,355		2,401,583
1.00%, 01/31/32^(a)	GBP	8,470		7,867,814



Security	Par (000)		Value

United Kingdom (continued)
1.13%, 01/31/39^(a)	GBP	5,081	$	3,714,558
1.13%, 10/22/73^(a)	GBP	1,510		602,607
1.25%, 07/22/27^(a)	GBP	8,230		8,952,180
1.25%, 10/22/41^(a)	GBP	7,902		5,447,178
1.25%, 07/31/51^(a)	GBP	5,960		3,230,525
1.50%, 07/22/26^(a)	GBP	6,600		7,427,474
1.50%, 07/22/47^(a)	GBP	3,752		2,369,644
1.50%, 07/31/53^(a)	GBP	2,690		1,528,500
1.63%, 10/22/28^(a)	GBP	7,800		8,360,118
1.63%, 10/22/54^(a)	GBP	3,806		2,218,943
1.63%, 10/22/71^(a)	GBP	3,289		1,687,634
1.75%, 09/07/37^(a)	GBP	4,717		3,988,749
1.75%, 01/22/49^(a)	GBP	5,245		3,449,644
1.75%, 07/22/57^(a)	GBP	5,927		3,514,628
2.00%, 09/07/25^(a)	GBP	5,145		5,965,707
2.50%, 07/22/65^(a)	GBP	3,223		2,301,264
3.25%, 01/31/33^(a)	GBP	4,580		5,041,819
3.25%, 01/22/44^(a)	GBP	4,670		4,435,116
3.50%, 10/22/25^(a)	GBP	4,790		5,683,695
3.50%, 01/22/45^(a)	GBP	4,863		4,765,788
3.50%, 07/22/68^(a)	GBP	3,164		2,933,142
3.75%, 01/29/38^(a)	GBP	4,980		5,384,590
3.75%, 07/22/52^(a)	GBP	3,911		3,879,021
3.75%, 10/22/53^(a)	GBP	2,344		2,308,393
4.00%, 01/22/60^(a)	GBP	4,045		4,190,055
4.00%, 10/22/63^(a)	GBP	2,410		2,483,327
4.13%, 01/29/27^(a)	GBP	9,770		11,717,484
4.25%, 12/07/27^(a)	GBP	5,604		6,779,789
4.25%, 06/07/32^(a)	GBP	3,230		3,882,674
4.25%, 03/07/36^(a)	GBP	3,328		3,883,586
4.25%, 09/07/39^(a)	GBP	2,276		2,579,701
4.25%, 12/07/40^(a)	GBP	3,790		4,263,230
4.25%, 12/07/46^(a)	GBP	4,002		4,375,264
4.25%, 12/07/49^(a)	GBP	3,357		3,644,006
4.25%, 12/07/55^(a)	GBP	4,198		4,547,753
4.50%, 06/07/28^(a)	GBP	2,231		2,716,126
4.50%, 09/07/34^(a)	GBP	5,045		6,080,565
4.50%, 12/07/42^(a)	GBP	3,369		3,872,146
4.75%, 12/07/30^(a)	GBP	2,209		2,749,461



Security		Par (000)		Value

United Kingdom (continued)
4.75%, 12/07/38^(a)	GBP		2,814	$	3,396,761
5.00%, 03/07/25^(a)	GBP		2,004		2,442,892
6.00%, 12/07/28^(a)	GBP		518		676,651

					265,488,927


Total Foreign Government Obligations — 79.8% (Cost: $4,498,096,319)					3,799,803,069


Total Long-Term Investments — 98.4% (Cost: $5,519,947,647)					4,685,975,177


		Shares

Short-Term Securities

Money Market Funds — 0.5%
BlackRock Cash Funds: Treasury, SL Agency Shares, 5.33%^(f)(g)			26,350,000		26,350,000


Total Short-Term Securities — 0.5% (Cost: $26,350,000)					26,350,000


Total Investments — 98.9% (Cost: $5,546,297,647)					4,712,325,177

Other Assets Less Liabilities — 1.1%					50,811,424


Net Assets — 100.0%				$	4,763,136,601

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

^(b)	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.

^(c)	Perpetual security with no stated maturity date.

^(d)	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.

^(e)	Zero-coupon bond.

^(f)	Affiliate of the Fund.

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

As of period end, the fair values of derivative financial instruments located in the Statements of Assets and Liabilities were as follows:

For the period ended October 31, 2023, the effect of derivative financial instruments in the Statements of Operations was as follows:

For more information about the Fund’s investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements.

The following tables present the Fund’s derivative assets and liabilities by counterparty net of amounts available for offset under an MNA and net of the related collateral received and pledged by the Fund:

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, and payment-in-kind interest are recognized daily on an accrual basis.

Foreign Currency Translation: Each Fund’s books and records are maintained in U.S. dollars. Securities and other assets and liabilities denominated in foreign currencies are translated into U.S. dollars using prevailing market rates as quoted by one or more data service providers. Purchases and sales of investments are recorded at the rates of exchange prevailing on the respective dates of such transactions. Generally, when the U.S. dollar rises in value against a foreign currency, the investments denominated in that currency will lose value; the opposite effect occurs if the U.S. dollar falls in relative value.

Each Fund does not isolate the effect of fluctuations in foreign exchange rates from the effect of fluctuations in the market prices of investments for financial reporting purposes. Accordingly, the effects of changes in exchange rates on investments are not segregated in the Statements of Operations from the effects of changes in market prices of those investments, but are included as a component of net realized and unrealized gain (loss) from investments. Each Fund reports realized currency gains (losses) on foreign currency related transactions as components of net realized gain (loss) for financial reporting purposes, whereas such components are generally treated as ordinary income for U.S. federal income tax purposes.

Foreign Taxes: Certain Funds may be subject to foreign taxes (a portion of which may be reclaimable) on income, stock dividends, capital gains on investments, or certain foreign currency transactions. All foreign taxes are recorded in accordance with the applicable foreign tax regulations and rates that exist in the foreign jurisdictions in which each Fund invests. These foreign taxes, if any, are paid by each Fund and are reflected in its Statements of Operations as follows: foreign taxes withheld at source are presented as a reduction of income, foreign taxes on securities lending income are presented as a reduction of securities lending income, foreign taxes on stock dividends are presented as “Other foreign taxes”, and foreign taxes on capital gains from sales of investments and foreign taxes on foreign currency transactions are included in their respective net realized gain (loss) categories. Foreign taxes payable or deferred as of October 31, 2023, if any, are disclosed in the Statements of Assets and Liabilities.

The Funds file withholding tax reclaims in certain jurisdictions to recover a portion of amounts previously withheld. The Funds may record a reclaim receivable based on collectability, which includes factors such as the jurisdiction’s applicable laws, payment history and market convention. The Statements of Operations includes tax reclaims recorded as well as professional and other fees, if any, associated with recovery of foreign withholding taxes.

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.

Forward Foreign Currency Exchange Contracts: Forward foreign currency exchange contracts are entered into to gain or reduce exposure to foreign currencies (foreign currency exchange rate risk).

A forward foreign currency exchange contract is an agreement between two parties to buy and sell a currency at a set exchange rate on a specified date. These contracts help to manage the overall exposure to the currencies in which some of the investments held by the Funds are denominated and in some cases, may be used to obtain exposure to a particular market. The contracts are traded over-the-counter (“OTC”) and not on an organized exchange.

The contract is marked-to-market daily and the change in market value is recorded as unrealized appreciation or depreciation in the Statements of Assets and Liabilities. When the contract is closed, a realized gain or loss is recorded in the Statements of Operations equal to the difference between the value at the time it was opened and the value at the time it was closed. Non-deliverable forward foreign currency exchange contracts are settled with the counterparty in cash without the delivery of foreign currency. The use of forward foreign currency exchange contracts involves the risk that the value of a contract changes unfavorably due to movements in the value of the referenced foreign currencies, and such value may exceed the amount(s) reflected in the Statements of Assets and Liabilities. Cash amounts pledged for forward foreign

currency exchange contracts are considered restricted and are included in cash pledged as collateral for OTC derivatives in the Statements of Assets and Liabilities. A fund’s risk of loss from counterparty credit risk on OTC derivatives is generally limited to the aggregate unrealized gain netted against any collateral held by the Fund.

Master Netting Arrangements: In order to define its contractual rights and to secure rights that will help mitigate its counterparty risk, a Fund may enter into an International Swaps and Derivatives Association, Inc. Master Agreement (“ISDA Master Agreement”) or similar agreement with its derivative contract counterparties. An ISDA Master Agreement is a bilateral agreement between a Fund and a counterparty that governs certain OTC derivatives and typically contains, among other things, collateral posting terms and netting provisions in the event of a default and/or termination event. Under an ISDA Master Agreement, a Fund may, under certain circumstances, offset with the counterparty certain derivative financial instruments’ payables and/or receivables with collateral held and/or posted and create one single net payment. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of default including the bankruptcy or insolvency of the counterparty. However, bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against the right of offset in bankruptcy, insolvency, or other events.

For derivatives traded under an ISDA Master Agreement, the collateral requirements are typically calculated by netting the mark-to-market amount for each transaction under such agreement, and comparing that amount to the value of any collateral currently pledged by a fund and the counterparty.

Cash collateral that has been pledged to cover obligations of the Funds and cash collateral received from the counterparty, if any, is reported separately in the Statements of Assets and Liabilities as cash pledged as collateral and cash received as collateral, respectively. Non-cash collateral pledged by the Funds, if any, is noted in the Schedules of Investments. Generally, the amount of collateral due from or to a counterparty is subject to a certain minimum transfer amount threshold before a transfer is required, which is determined at the close of business of the Funds. Any additional required collateral is delivered to/pledged by the Funds on the next business day. Typically, the counterparty is not permitted to sell, re-pledge or use cash and non-cash collateral it receives. A fund generally agrees not to use non-cash collateral that it receives but may, absent default or certain other circumstances defined in the underlying ISDA Master Agreement, be permitted to use cash collateral received. In such cases, interest may be paid pursuant to the collateral arrangement with the counterparty. To the extent amounts due to the Funds from the counterparty are not fully collateralized, each Fund bears the risk of loss from counterparty non-performance. Likewise, to the extent the Funds have delivered collateral to a counterparty and stand ready to perform under the terms of their agreement with such counterparty, each Fund bears the risk of loss from a counterparty in the amount of the value of the collateral in the event the counterparty fails to return such collateral. Based on the terms of agreements, collateral may not be required for all derivative contracts.

For financial reporting purposes, each Fund does not offset derivative assets and derivative liabilities that are subject to netting arrangements, if any, in the Statements of Assets and Liabilities.

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, BFA is 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 Core 1-5 Year USD Bond ETF, BFA has contractually agreed to waive a portion of its investment advisory fees for the Fund through February 29, 2024 in an amount equal to the acquired fund fees and expenses, if any, attributable to the Fund’s investments in other registered investment companies advised by BFA or its affiliates.

This amount is included in investment advisory fees waived in the Statement of Operations. For the year ended October 31, 2023, the amounts waived in investment advisory fees pursuant to this arrangement were as follows:

Sub-Adviser: BFA has entered into separate sub-advisory agreements with BlackRock International Limited and BlackRock (Singapore) Limited (together, the “Sub-Advisers”), both affiliates of BFA, under which BFA pays each of the Sub-Advisers for services it provides to the iShares Core International Aggregate Bond ETF.

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 year ended October 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 year ended October 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 October 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.

U.S. GAAP requires that certain components of net assets be adjusted to reflect permanent differences between financial and tax reporting. These reclassifications have no effect on net assets or NAV per share. As of October 31, 2023, permanent differences attributable to realized gains (losses) from in-kind redemptions were reclassified to the following accounts:

As of October 31, 2023, the tax components of accumulated net earnings (losses) were as follows:

As of October 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.

The iShares Core International Aggregate Bond ETF may invest directly in the domestic bond market in the People’s Republic of China (“China” or the “PRC”) (the “China Interbank Bond Market”) through the northbound trading of Bond Connect (“Bond Connect”). The Fund may be exposed to additional risks when investing in the China Interbank Bond Market, such as (i) low or nonexistent trading volume, resulting in a lack of liquidity and increased volatility in prices for such securities; (ii) political and economic instability, and regulatory and tax risks (iii) potential delays and disruptions in the functionality of the newly developed trading platforms and operational systems, or the potential that Bond Connect ceases to operate; (iv) settlement and custody risks due to the link between the offshore custody agent and onshore custodians and clearing institutions; and (v) currency risk. In such event, there is no assurance that the Fund will achieve its investment objective.

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.

Valuation Risk: The market values of equities, such as common stocks and preferred securities or equity related investments, such as futures and options, may decline due to general market conditions which are not specifically related to a particular company. They may also decline due to factors which affect a particular industry or industries. A fund may invest in illiquid investments. An illiquid investment is any investment that a fund reasonably expects cannot be sold or disposed of in current market conditions in seven calendar days or less without the sale or disposition significantly changing the market value of the investment. A fund may experience difficulty in selling illiquid investments in a timely manner at the price that it believes the investments are worth. Prices may fluctuate widely over short or extended periods in response to company, market or economic news. Markets also tend to move in cycles, with periods of rising and falling prices. This volatility may cause a fund’s NAV to experience significant increases or decreases over short periods of time. If there is a general decline in the securities and other markets, the NAV of a fund may lose value, regardless of the individual results of the securities and other instruments in which a fund invests.

The price each Fund could receive upon the sale of any particular portfolio investment may differ from each Fund’s valuation of the investment, particularly for securities that trade in thin or volatile markets or that are valued using a fair valuation technique or a price provided by an independent pricing service. Changes to significant unobservable inputs and assumptions (i.e., publicly traded company multiples, growth rate, time to exit) due to the lack of observable inputs may significantly impact the resulting fair value and therefore each Fund’s results of operations. As a result, the price received upon the sale of an investment may be less than the value ascribed by each Fund, and each Fund could realize a greater than expected loss or lesser than expected gain upon the sale of the investment. Each Fund’s ability to value its investments may also be impacted by technological issues and/or errors by pricing services or other third-party service providers.

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.

A derivative contract may suffer a mark-to-market loss if the value of the contract decreases due to an unfavorable change in the market rates or values of the underlying instrument. Losses can also occur if the counterparty does not perform under the contract.

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.

Certain 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 certain Funds invest.

Certain Funds invest a significant portion of their assets in securities of issuers located in Europe or with significant exposure to European issuers or countries. The European financial markets have recently experienced volatility and adverse trends due to concerns about economic downturns in, or rising government debt levels of, several European countries as well as acts of war in the region. These events may spread to other countries in Europe and may affect the value and liquidity of certain of the Funds’ investments.

Responses to the financial problems by European governments, central banks and others, including austerity measures and reforms, may not work, may result in social unrest and may limit future growth and economic recovery or have other unintended consequences. Further defaults or restructurings by governments and others of their debt could have additional adverse effects on economies, financial markets and asset valuations around the world. The United Kingdom has withdrawn from the European Union, and one or more other countries may withdraw from the European Union and/or abandon the Euro, the common currency of the European Union. These events and actions have adversely affected, and may in the future adversely affect, the value and exchange rate of the Euro and may continue to significantly affect the economies of every country in Europe, including countries that do not use the Euro and non-European Union member states. The impact of these actions, especially if they occur in a disorderly fashion, is not clear but could be significant and far reaching. In addition, Russia launched a large-scale invasion of Ukraine on February 24, 2022. The extent and duration of the military action, resulting sanctions and resulting future market disruptions in the region are impossible to predict, but have been, and may continue to be significant and have a severe adverse effect on the region, including significant negative impacts on the economy and the markets for certain securities and commodities, such as oil and natural gas, as well as other sectors.

Certain Funds invest a significant portion of their assets in securities of issuers located in Asia or with significant exposure to Asian issuers or countries. The Asian financial markets have recently experienced volatility and adverse trends due to concerns in several Asian countries regarding monetary policy, government intervention in the markets, rising government debt levels or economic downturns. These events may spread to other countries in Asia and may affect the value and liquidity of certain of the Funds’ 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.

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 Trust and Shareholders of each of the two funds listed in the table below

We have audited the accompanying statements of assets and liabilities, including the schedules of investments, of each of the funds listed in the table below (two of the funds constituting iShares Trust, hereafter collectively referred to as the “Funds”) as of October 31, 2023, the related statements of operations for the year ended October 31, 2023, the statements of changes in net assets for each of the two years in the period ended October 31, 2023, including the related notes, and the financial highlights for each of the five years in the period ended October 31, 2023 (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of each of the Funds as of October 31, 2023, the results of each of their operations for the year then ended, the changes in each of their net assets for each of the two years in the period ended October 31, 2023 and each of the financial highlights for each of the five years in the period ended October 31, 2023 in conformity with accounting principles generally accepted in the United States of America.

These financial statements are the responsibility of the Funds’ management. Our responsibility is to express an opinion on the Funds’ financial statements based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Funds in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits of these financial statements in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. Our procedures included confirmation of securities owned as of October 31, 2023 by correspondence with the custodian, transfer agent and brokers; when replies were not received from brokers, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinions.

We have served as the auditor of one or more BlackRock investment companies since 2000.

The Funds intend to pass through to their shareholders the following amounts, or maximum amounts allowable by law, of foreign source income earned and foreign taxes paid for the fiscal year ended October 31, 2023:

The Funds hereby designate the following amounts, or maximum amounts allowable by law, of distributions from direct federal obligation interest for the fiscal year ended October 31, 2023:

The law varies in each state as to whether and what percent of ordinary income dividends attributable to federal obligations is exempt from state income tax. Shareholders are advised to check with their tax advisers to determine if any portion of the dividends received is exempt from state income tax.

The Funds hereby designate the following amounts, or maximum amounts allowable by law, as interest income eligible to be treated as a Section 163(j) interest dividend for the fiscal year ended October 31, 2023:

The Funds hereby designate the following amounts, or maximum amounts allowable by law, as interest-related dividends eligible for exemption from U.S. withholding tax for nonresident aliens and foreign corporations for the fiscal year ended October 31, 2023:

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.

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.

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”), and the Sub-Advisory Agreement between BFA and BlackRock International Limited and BlackRock (Singapore) Limited, (together the “Advisory Agreements”), 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 Agreements. 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 Agreements 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 Agreements 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 and BlackRock International Limited and BlackRock (Singapore) Limited; (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 Agreements 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 lower than 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. The Board further noted that BFA pays BlackRock International Limited and BlackRock (Singapore) Limited for sub-advisory services, and that there are no additional fees imposed on the Fund in respect of the services provided under the Sub-Advisory Agreement(s).

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 and BlackRock International Limited and BlackRock (Singapore) Limited under the Advisory Agreements 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, including those of the Sub-Advisor(s), 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 investment

performance, investment and risk management processes and strategies for BFA and BlackRock International Limited and BlackRock (Singapore) Limited, which were 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 Agreements supported the Board’s approval of the continuance of the Advisory Agreements 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 Agreements 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 Agreements 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 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 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.

(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 Agreements for the coming year.

The amounts and sources of distributions reported are estimates and are being provided pursuant to regulatory requirements and are not being provided for tax reporting purposes. The actual amounts and sources for tax reporting purposes will depend upon each Fund’s investment experience during the year and may be subject to changes based on tax regulations. Shareholders will receive a Form 1099-DIV each calendar year that will inform them how to report these distributions for federal income tax purposes.

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.

Information on the Fund’s net asset value, market price, premiums and discounts, and bid-ask spreads can be found at iShares.com.

The Board of Trustees has responsibility for the overall management and operations of the Funds, including general supervision of the duties performed by BFA and other service providers. Each Trustee serves until he or she resigns, is removed, dies, retires or becomes incapacitated. Each officer shall hold office until his or her successor is elected and qualifies or until his or her death, resignation or removal. Trustees who are not “interested persons” (as defined in the 1940 Act) of the Trust are referred to as independent trustees (“Independent Trustees”).

The registered investment companies advised by BFA or its affiliates (the “BlackRock-advised Funds”) are organized into one complex of open-end equity, multi-asset, index and money market funds and ETFs (the “BlackRock Multi-Asset Complex”), one complex of closed-end funds and open-end non-index fixed-income funds (including ETFs) (the “BlackRock Fixed-Income Complex”) and one complex of ETFs (“Exchange-Traded Fund Complex”) (each, a “BlackRock Fund Complex”). Each Fund is included in the Exchange-Traded Fund Complex. Each Trustee also serves as a Director of iShares, Inc. and a Trustee of iShares U.S. ETF Trust and, as a result, oversees all of the funds within the Exchange-Traded Fund Complex, which consists of 404 funds as of October 31, 2023. With the exception of Robert S. Kapito, Salim Ramji and Aaron Wasserman, the address of each Trustee and officer is c/o BlackRock, Inc., 400 Howard Street, San Francisco, CA 94105. The address of Mr. Kapito, Mr. Ramji and Mr. Wasserman is c/o BlackRock, Inc., 50 Hudson Yards, New York, NY 10001. The Board has designated John E. Kerrigan as its Independent Board Chair. Additional information about the Funds’ Trustees and officers may be found in the Funds’ combined Statement of Additional Information, which is available without charge, upon request, by calling toll-free 1-800-iShares (1-800-474-2737).

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 ICE Data Indices, LLC, 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.




Investment Type	Percent of Total Investments^(a)


Foreign Government Obligations		81.1%

Corporate Bonds & Notes		18.9


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
Annual Report:
Market Overview		4
Fund Summary		5
About Fund Performance		9
Disclosure of Expenses		9
Schedules of Investments		10
Financial Statements
Statements of Assets and Liabilities		138
Statements of Operations		139
Statements of Changes in Net Assets		140
Financial Highlights		141
Notes to Financial Statements		143
Report of Independent Registered Public Accounting Firm		153
Important Tax Information		154
Board Review and Approval of Investment Advisory Contract		155
Supplemental Information		160
Trustee and Officer Information		161
General Information		164
Glossary of Terms Used in this Report		165


4		2 0 2 3 I S H A R E S 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 October 31, 2023		iShares^® Core 1-5 Year USD Bond ETF


	Average Annual Total Returns									Cumulative Total Returns


	1 Year			5 Years			10 Years			1 Year			5 Years			10 Years

Fund NAV		3.47	%		1.21	%		1.22	%		3.47	%		6.22	%		12.89	%
Fund Market		3.43			1.20			1.18			3.43			6.15			12.40
Index		3.44			1.25			1.29			3.44			6.41			13.65


Fund Summary as of October 31, 2023 (continued)		iShares^® Core 1-5 Year USD Bond ETF




Moody’s Credit Rating^*	Percent of Total Investments^(a)


Aaa		58.0%

Aa		3.9

A		13.8

Baa		12.8

Ba		3.3

B		3.4

Caa		0.8

Ca		0.1

Not Rated		3.9




Investment Type	Percent of Total Investments^(a)


U.S. Government & Agency Obligations		54.4%

Corporate Bonds & Notes		37.1

Foreign Government Obligations		5.8

Collaterized Mortgage Obligations		1.6

Asset-Backed Securities		1.0

Municipal Debt Obligations		0.1

Common Stocks		—^(b)


Fund Summary as of October 31, 2023		iShares^® Core International Aggregate Bond ETF




Country/Geographic Region	Percent of Total Investments^(a)


China		19.0%

Japan		10.9

France		10.1

Germany		9.0

United Kingdom		7.5

Italy		6.1

Canada		5.6

Spain		4.4

Supranational		3.2

Australia		2.9


	Average Annual Total Returns									Cumulative Total Returns


	1 Year			5 Years			Since Inception			1 Year			5 Years			Since Inception

Fund NAV		2.37	%^(a)		0.67	%		1.59	%		2.37	%^(a)		3.38	%		13.39	%
Fund Market		2.10			0.58			1.55			2.10			2.91			13.08
Index		2.56			0.78			1.68			2.56			3.98			14.22


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		9



Affiliated Issuer	Value at 10/31/22		Purchases at Cost		Proceeds from Sale			Net Realized Gain (Loss)			Change in Unrealized Appreciation (Depreciation)			Value at 10/31/23		Shares Held at 10/31/23		Income			Capital Gain Distributions from Underlying Funds
BlackRock Cash Funds: Institutional, SL Agency Shares	$	53,200,266	$	—	$	(34,269,240	)^(a)	$	(6,025	)		$	16,270	$	18,941,271		18,933,697	$	1,315,178		$	—

BlackRock Cash Funds: Treasury, SL Agency Shares		88,715,321		—		(51,308,746	)^(a)		—				—		37,406,575		37,406,575		744,316	^(b)		—

								$	(6,025	)		$	16,270	$	56,347,846			$	2,059,494		$	—




	Level 1		Level 2		Level 3		Total


Assets
Investments
Long-Term Investments
Asset-Backed Securities	$	—	$	38,061,112	$	—	$	38,061,112
Collaterized Mortgage Obligations		—		63,626,501		—		63,626,501
Corporate Bonds & Notes		—		1,479,211,146		—		1,479,211,146
Foreign Government Obligations		—		232,186,807		—		232,186,807
Municipal Debt Obligations		—		2,310,420		—		2,310,420
U.S. Government & Agency Obligations		—		2,166,641,513		—		2,166,641,513
Common Stocks		—		—		—		—
Preferred Stocks		—		—		—		—
Short-Term Securities
Money Market Funds		56,347,846		—		—		56,347,846

	$	56,347,846	$	3,982,037,499	$	—	$	4,038,385,345



Currency Purchased		Currency Sold		Counterparty	Settlement Date		Unrealized Appreciation (Depreciation)

EUR	4,340,000	USD	4,581,813	Nomura Securities International Inc.		11/02/23	$	10,343
THB	963,825,000	USD	26,801,207	Citibank N.A.		11/02/23		14,541
USD	943,233	AUD	1,460,000	Deutsche Bank Securities Inc.		11/02/23		17,083
USD	1,967,618	AUD	3,090,000	JPMorgan Chase Bank N.A.		11/02/23		7,477
USD	130,614,967	AUD	200,720,000	State Street Bank & Trust Company		11/02/23		3,288,251
USD	6,246,461	CAD	8,550,000	Citibank N.A.		11/02/23		80,888
USD	828,335	CAD	1,130,000	JPMorgan Chase Bank N.A.		11/02/23		13,470
USD	251,785,087	CAD	338,035,000	State Street Bank & Trust Company		11/02/23		8,021,407
USD	49,439,825	CHF	44,880,000	Deutsche Bank Securities Inc.		11/02/23		102,168
USD	1,045,797	CHF	940,000	JPMorgan Chase Bank N.A.		11/02/23		12,433
USD	898,012,512	CNY	6,552,550,297	State Street Bank & Trust Company		11/02/23		2,622,957
USD	13,299,132	CZK	305,680,000	JPMorgan Chase Bank N.A.		11/02/23		133,768
USD	17,612,664	DKK	123,545,000	Morgan Stanley & Co. International PLC		11/02/23		97,867
USD	1,014,899,064	EUR	956,750,000	Citibank N.A.		11/02/23		2,561,615
USD	9,810,259	EUR	9,270,000	JPMorgan Chase Bank N.A.		11/02/23		1,670
USD	1,015,474,071	EUR	956,750,000	State Street Bank & Trust Company		11/02/23		3,136,622
USD	371,281,766	GBP	302,755,000	Citibank N.A.		11/02/23		3,298,403
USD	2,749,017	GBP	2,260,000	Deutsche Bank Securities Inc.		11/02/23		2,102
USD	1,730,321	GBP	1,420,000	JPMorgan Chase Bank N.A.		11/02/23		4,383
USD	9,890,314	ILS	37,725,000	UBS AG		11/02/23		557,063
USD	13,224,042	JPY	1,975,820,000	Citibank N.A.		11/02/23		188,779
USD	12,090,038	JPY	1,795,520,000	Deutsche Bank Securities Inc.		11/02/23		244,285
USD	4,585,579	JPY	687,060,000	JPMorgan Chase Bank N.A.		11/02/23		52,774
USD	494,389,638	JPY	73,361,020,000	State Street Bank & Trust Company		11/02/23		10,398,083
USD	8,517,542	NOK	90,260,000	State Street Bank & Trust Company		11/02/23		437,656
USD	14,445,672	NZD	23,990,000	Citibank N.A.		11/02/23		469,102
USD	7,916,891	RON	37,125,000	UBS AG		11/02/23		7,774
USD	34,982,058	SEK	378,410,000	Deutsche Bank Securities Inc.		11/02/23		1,081,794
USD	19,518,873	SGD	26,550,000	UBS AG		11/02/23		127,279
USD	33,032,130	MXN	579,430,000	Citibank N.A.		11/03/23		893,353
USD	133,421,070	AUD	209,320,000	Deutsche Bank Securities Inc.		12/04/23		501,631
USD	251,298,119	CAD	347,715,000	JPMorgan Chase Bank N.A.		12/04/23		437,955
USD	50,984,251	CHF	45,820,000	JPMorgan Chase Bank N.A.		12/04/23		443,101
USD	14,243,830	CZK	328,070,000	Deutsche Bank Securities Inc.		12/04/23		131,699
USD	17,674,887	DKK	123,545,000	Citibank N.A.		12/04/23		132,178
USD	2,121,883,963	EUR	1,987,220,000	Morgan Stanley & Co. International PLC		12/04/23		16,513,229
USD	374,714,475	GBP	307,605,000	Morgan Stanley & Co. International PLC		12/04/23		766,664
USD	8,322,254	HUF	2,997,035,000	Morgan Stanley & Co. International PLC		12/04/23		74,361
USD	9,411,751	ILS	37,725,000	JPMorgan Chase Bank N.A.		12/04/23		66,478
USD	2,797,175	JPY	421,490,000	Deutsche Bank Securities Inc.		12/04/23		2,387
USD	509,618,559	JPY	76,396,220,000	Morgan Stanley & Co. International PLC		12/04/23		3,055,659
USD	31,974,520	MXN	577,620,000	Deutsche Bank Securities Inc.		12/04/23		99,588
USD	8,125,679	NOK	90,260,000	Deutsche Bank Securities Inc.		12/04/23		38,043
USD	14,038,406	NZD	23,990,000	Citibank N.A.		12/04/23		60,540
USD	18,782,844	PLN	78,255,000	Deutsche Bank Securities Inc.		12/04/23		211,280
USD	9,826,408	RON	45,785,000	JPMorgan Chase Bank N.A.		12/04/23		77,970




	Commodity Contracts		Credit Contracts		Equity Contracts		Foreign Currency Exchange Contracts		Interest Rate Contracts		Other Contracts		Total


Assets — Derivative Financial Instruments
Forward foreign currency exchange contracts Unrealized appreciation on forward foreign currency exchange contracts	$	—	$	—	$	—	$	65,829,664	$	—	$	—	$	65,829,664


Liabilities — Derivative Financial Instruments
Forward foreign currency exchange contracts Unrealized depreciation on forward foreign currency exchange contracts	$	—	$	—	$	—	$	36,163,492	$	—	$	—	$	36,163,492




Forward foreign currency exchange contracts:
Average amounts purchased — in USD	$	4,433,173,279
Average amounts sold — in USD	$	8,869,163,058




	Assets		Liabilities

Derivative Financial Instruments:
Forward foreign currency exchange contracts	$	65,829,664	$	36,163,492

Total derivative assets and liabilities in the Statement of Assets and Liabilities		65,829,664		36,163,492
Derivatives not subject to a Master Netting Agreement or similar agreement (“MNA”)		—		—

Total derivative assets and liabilities subject to an MNA		65,829,664		36,163,492



Counterparty		Derivative Assets Subject to an MNA by Counterparty		Derivatives Available for Offset	^(a)		Non-Cash Collateral Received		Cash Collateral Received	^(b)		Net Amount of Derivative Assets	^(c)(d)

Citibank N.A	$	10,259,911	$	(359,587	)	$	—	$	(2,550,000	)	$	7,350,324
Deutsche Bank Securities Inc.		3,856,502		(1,351,832	)		—		(1,310,000	)		1,194,670
JPMorgan Chase Bank N.A		1,264,930		(1,264,930	)		—		—			—
Morgan Stanley & Co. International PLC		21,789,106		(20,591,308	)		—		(1,197,798	)		—
Nomura Securities International Inc.		10,343		(10,343	)		—		—			—
State Street Bank & Trust Company		27,956,756		(11,588,896	)		—		—			16,367,860
UBS AG		692,116		(43,301	)		—		—			648,815

	$	65,829,664	$	(35,210,197	)	$	—	$	(5,057,798	)	$	25,561,669




Counterparty		Derivative Liabilities Subject to an MNA by Counterparty		Derivatives Available for Offset	^(a)		Non-Cash Collateral Pledged		Cash Collateral Pledged			Net Amount of Derivative Liabilities	^(d)(e)

Citibank N.A	$	359,587	$	(359,587	)	$	—	$	—		$	—
Deutsche Bank Securities Inc.		1,351,832		(1,351,832	)		—		—			—
JPMorgan Chase Bank N.A		1,421,673		(1,264,930	)		—		—			156,743
Morgan Stanley & Co. International PLC		20,591,308		(20,591,308	)		—		—			—
Nomura Securities International Inc.		614,727		(10,343	)		—		—			604,384
Societe Generale		192,168		—			—		—			192,168
State Street Bank & Trust Company		11,588,896		(11,588,896	)		—		—			—
UBS AG		43,301		(43,301	)		—		—			—

	$	36,163,492	$	(35,210,197	)	$	—	$	—		$	953,295


	iShares Core 1-5 Year USD Bond ETF			iShares Core International Aggregate Bond ETF

ASSETS
Investments, at value — unaffiliated^(a)(b)	$	3,982,037,499		$	4,685,975,177
Investments, at value — affiliated^(c)		56,347,846			26,350,000
Cash		—			7,011
Foreign currency, at value^(d)		7,440			23,671,279
Receivables:
Investments sold		107,288,459			18,403,315
Securities lending income — affiliated		44,685			—
Capital shares sold		1,265,358			8,408,554
Dividends — unaffiliated		—			2,074
Dividends — affiliated		65,767			103,149
Interest — unaffiliated		29,792,636			40,171,853
Unrealized appreciation on forward foreign currency exchange contracts		—			65,829,664

Total assets		4,176,849,690			4,868,922,076


LIABILITIES
Bank overdraft		23,124			—
Cash received:
Collateral — OTC derivatives		—			5,110,000
Collateral — TBA commitments		4,000			—
Collateral on securities loaned, at value		37,306,575			—
Payables:
Investments purchased		95,201,309			64,187,949
Deferred foreign capital gain tax		—			46,774
Investment advisory fees		203,927			277,260
Unrealized depreciation on forward foreign currency exchange contracts		—			36,163,492

Total liabilities		132,738,935			105,785,475


Commitments and contingent liabilities

NET ASSETS	$	4,044,110,755		$	4,763,136,601


NET ASSETS CONSIST OF
Paid-in capital	$	4,404,382,338		$	5,129,374,535
Accumulated loss		(360,271,583	)		(366,237,934	)

NET ASSETS	$	4,044,110,755		$	4,763,136,601


NET ASSET VALUE
Shares outstanding		87,500,000			97,800,000

Net asset value	$	46.22		$	48.70

Shares authorized		Unlimited			Unlimited

Par value		None			None


^(a) Investments, at cost — unaffiliated	$	4,226,294,032		$	5,519,947,647
^(b) Securities loaned, at value	$	35,315,304		$	—
^(c) Investments, at cost — affiliated	$	56,343,005		$	26,350,000
^(d) Foreign currency, at cost	$	7,399		$	23,696,615


	iShares Core 1-5 Year USD Bond ETF			iShares Core International Aggregate Bond ETF

INVESTMENT INCOME
Dividends — affiliated	$	1,319,883		$	544,401
Interest — unaffiliated		129,844,398			83,362,928
Securities lending income — affiliated — net		739,611			—
Other income — unaffiliated		37,275			30,986
Foreign taxes withheld		—			(274,330	)
Other foreign taxes		—			(122	)

Total investment income		131,941,167			83,663,863


EXPENSES
Investment advisory		2,790,524			3,015,950

Total expenses		2,790,524			3,015,950

Less:
Investment advisory fees waived		(24,280	)		—

Total expenses after fees waived		2,766,244			3,015,950

Net investment income		129,174,923			80,647,913


REALIZED AND UNREALIZED GAIN (LOSS)
Net realized gain (loss) from:
Investments — unaffiliated^(a)		(73,768,369	)		(93,373,055	)
Investments — affiliated		(6,025	)		—
Capital gain distributions from underlying funds — affiliated		—			92
Forward foreign currency exchange contracts		—			(55,189,061	)
Foreign currency transactions		4			(1,201,223	)
In-kind redemptions — unaffiliated^(b)		(73,344,035	)		(6,610,496	)

		(147,118,425	)		(156,373,743	)


Net change in unrealized appreciation (depreciation) on:
Investments — unaffiliated^(c)		192,119,950			125,952,988
Investments — affiliated		16,270			—
Forward foreign currency exchange contracts		—			30,704,308
Foreign currency translations		107			610,511

		192,136,327			157,267,807

Net realized and unrealized gain		45,017,902			894,064

NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS	$	174,192,825		$	81,541,977


^(a) Net of foreign capital gain tax and capital gain tax refund, if applicable of	$	—		$	(2,527	)
^(b) See Note 2 of the Notes to Financial Statements.
^(c) Net of increase in deferred foreign capital gain tax of	$	—		$	(29,356	)


	iShares Core 1-5 Year USD Bond ETF						iShares Core International Aggregate Bond ETF

	Year Ended 10/31/23			Year Ended 10/31/22			Year Ended 10/31/23			Year Ended 10/31/22

INCREASE (DECREASE) IN NET ASSETS

OPERATIONS
Net investment income	$	129,174,923		$	102,399,768		$	80,647,913		$	45,250,705
Net realized gain (loss)		(147,118,425	)		(125,793,850	)		(156,373,743	)		560,513,947
Net change in unrealized appreciation (depreciation)		192,136,327			(454,599,174	)		157,267,807			(1,004,357,679	)

Net increase (decrease) in net assets resulting from operations		174,192,825			(477,993,256	)		81,541,977			(398,593,027	)


DISTRIBUTIONS TO SHAREHOLDERS^(a)
Decrease in net assets resulting from distributions to shareholders		(129,169,868	)		(103,820,594	)		(90,752,615	)		(43,841,993	)


CAPITAL SHARE TRANSACTIONS
Net increase (decrease) in net assets derived from capital share transactions		(1,061,646,072	)		(592,584,886	)		1,093,832,782			233,105,618


NET ASSETS
Total increase (decrease) in net assets		(1,016,623,115	)		(1,174,398,736	)		1,084,622,144			(209,329,402	)
Beginning of year		5,060,733,870			6,235,132,606			3,678,514,457			3,887,843,859

End of year	$	4,044,110,755		$	5,060,733,870		$	4,763,136,601		$	3,678,514,457


	iShares Core 1-5 Year USD Bond ETF

	Year Ended 10/31/23			Year Ended 10/31/22			Year Ended 10/31/21			Year Ended 10/31/20			Year Ended 10/31/19

Net asset value, beginning of year	$	45.92		$	50.73		$	51.38		$	50.50		$	48.79

Net investment income^(a)		1.30			0.85			0.84			1.18			1.42
Net realized and unrealized gain (loss)^(b)		0.29			(4.80	)		(0.61	)		0.92			1.68

Net increase (decrease) from investment operations		1.59			(3.95	)		0.23			2.10			3.10


Distributions^(c)
From net investment income		(1.29	)		(0.83	)		(0.88	)		(1.22	)		(1.39	)
From net realized gain		—			(0.03	)		—			—			—

Total distributions		(1.29	)		(0.86	)		(0.88	)		(1.22	)		(1.39	)


Net asset value, end of year	$	46.22		$	45.92		$	50.73		$	51.38		$	50.50


Total Return^(d)
Based on net asset value		3.47	%		(7.86	)%^(e)		0.44	%		4.22	%		6.43	%


Ratios to Average Net Assets^(f)
Total expenses		0.06	%		0.06	%		0.06	%		0.06	%		0.06	%

Total expenses after fees waived		0.06	%		0.06	%		0.06	%		0.06	%		0.06	%

Net investment income		2.78	%		1.75	%		1.64	%		2.32	%		2.85	%


Supplemental Data
Net assets, end of year (000)	$	4,044,111		$	5,060,734		$	6,235,133		$	4,700,991		$	2,863,252

Portfolio turnover rate^(g)(h)		38	%		60	%		82	%		77	%		83	%


	iShares Core International Aggregate Bond ETF

	Year Ended 10/31/23			Year Ended 10/31/22			Year Ended 10/31/21			Year Ended 10/31/20			Year Ended 10/31/19

Net asset value, beginning of year	$	48.72		$	54.84		$	55.77		$	55.23		$	52.17

Net investment income^(a)		0.91			0.63			0.56			0.55			0.55
Net realized and unrealized gain (loss)^(b)		0.15			(6.12	)		(1.39	)		1.17			4.80

Net increase (decrease) from investment operations		1.06			(5.49	)		(0.83	)		1.72			5.35


Distributions^(c)
From net investment income		(1.08	)		(0.60	)		(0.10	)		(0.46	)		(2.29	)
From net realized gain		—			(0.03	)		—			(0.01	)		—
Return of capital		—			—			—			(0.71	)		—

Total distributions		(1.08	)		(0.63	)		(0.10	)		(1.18	)		(2.29	)


Net asset value, end of year	$	48.70		$	48.72		$	54.84		$	55.77		$	55.23


Total Return^(d)
Based on net asset value		2.19	%		(10.05	)%		(1.52	)%		3.16	%^(e)		10.50	%


Ratios to Average Net Assets^(f)
Total expenses		0.07	%		0.07	%		0.08	%		0.09	%		0.09	%

Net investment income		1.87	%		1.21	%		1.00	%		0.99	%		1.02	%


Supplemental Data
Net assets, end of year (000)	$	4,763,137		$	3,678,514		$	3,887,844		$	3,228,915		$	1,828,114

Portfolio turnover rate^(g)		19	%		11	%		16	%		36	%		12	%



iShares ETF		Diversification Classification
Core 1-5 Year USD Bond		Diversified
Core International Aggregate Bond		Non-diversified



iShares ETF and Counterparty		Securities Loaned at Value		Cash Collateral Received	^(a)		Non-Cash Collateral Received, at Fair Value	^(a)		Net Amount
Core 1-5 Year USD Bond
Barclays Bank PLC	$	5,911,048	$	(5,911,048	)	$	—		$	—
Barclays Capital, Inc.		167,020		(167,020	)		—			—
BMO Capital Markets Corp.		1,515,401		(1,515,401	)		—			—
BNP Paribas SA		2,094,018		(2,094,018	)		—			—
BofA Securities, Inc.		527,544		(527,544	)		—			—
Citigroup Global Markets, Inc.		1,625,098		(1,625,098	)		—			—
Deutsche Bank Securities, Inc.		997,815		(997,815	)		—			—
Goldman Sachs & Co. LLC		5,854,083		(5,854,083	)		—			—
HSBC Securities (USA), Inc.		177,262		(177,262	)		—			—
J.P. Morgan Securities LLC		6,596,969		(6,596,969	)		—			—
Jefferies LLC		1,048,186		(1,048,186	)		—			—
Morgan Stanley		1,950,402		(1,950,402	)		—			—
Pershing LLC		685,281		(685,281	)		—			—
RBC Capital Markets LLC		1,334,092		(1,334,092	)		—			—
Scotia Capital (USA), Inc.		269,668		(269,668	)		—			—
State Street Bank & Trust Co.		246,645		(246,645	)		—			—
TD Securities (USA) LLC		3,246,463		(3,246,463	)		—			—
Toronto-Dominion Bank		338,746		(338,746	)		—			—
Wells Fargo Bank N.A		22,982		(22,982	)		—			—
Wells Fargo Securities LLC		706,581		(706,581	)		—			—

	$	35,315,304	$	(35,315,304	)	$	—		$	—



iShares ETF	Investment Advisory Fees
Core 1-5 Year USD Bond		0.06	%
Core International Aggregate Bond		0.07


	U.S. Government Securities				Other Securities
iShares ETF	Purchases		Sales		Purchases		Sales
Core 1-5 Year USD Bond	$	1,184,440,524	$	1,283,406,133	$	549,201,989	$	507,690,832
Core International Aggregate Bond		—		—		1,189,510,469		810,617,953



iShares ETF	In-kind Purchases		In-kind Sales
Core 1-5 Year USD Bond	$	456,836,677	$	1,447,588,423
Core International Aggregate Bond		801,258,508		113,786,561



iShares ETF	Paid-in Capital			Accumulated Earnings (Loss)
Core 1-5 Year USD Bond	$	(73,375,368	)	$	73,375,368
Core International Aggregate Bond		(7,148,033	)		7,148,033



iShares ETF		Undistributed Ordinary Income		Non-expiring Capital Loss Carryforwards	^(a)		Net Unrealized Gains (Losses)	^(b)		Total
Core 1-5 Year USD Bond	$	11,625,740	$	(125,545,622	)	$	(246,351,701	)	$	(360,271,583	)
Core International Aggregate Bond		173,352,516		(51,718,364	)		(487,872,086	)		(366,237,934	)