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AUGUST 31, 2023 |
|
2023 Semi-Annual Report (Unaudited) | ||
iShares Trust
| · |
iShares California Muni Bond ETF | CMF | NYSE Arca |
| · |
iShares National Muni Bond ETF | MUB | NYSE Arca |
| · |
iShares New York Muni Bond ETF | NYF | NYSE Arca |
| · |
iShares Short-Term National Muni Bond ETF | SUB | NYSE Arca |
Dear Shareholder,
Despite an uncertain economic landscape during the 12-month reporting period ended August 31, 2023, the resilience of the U.S. economy in the face of ever tighter financial conditions provided an encouraging backdrop for investors. While inflation was near multi-decade highs at the beginning of the period, it declined precipitously as commodity prices dropped. Labor shortages also moderated, although wages continued to grow and unemployment rates reached the lowest levels in decades. This robust labor market powered further growth in consumer spending, backstopping the economy.
Equity returns were solid, as the durability of consumer sentiment eased investors’ concerns about the economy’s trajectory. The U.S. economy resumed growth in the third quarter of 2022 and continued to expand thereafter. Most major classes of equities rose, as large-capitalization U.S. stocks and developed market equities advanced strongly. However, small-capitalization U.S. stocks and emerging market equities posted more modest gains.
The 10-year U.S. Treasury yield rose during the reporting period, driving its price down, as investors reacted to elevated inflation and attempted to anticipate future interest rate changes. The corporate bond market also faced inflationary headwinds, although high-yield corporate bond prices fared significantly better than investment-grade bonds as demand from yield-seeking investors remained strong.
The U.S. Federal Reserve (the “Fed”), acknowledging that inflation has been more persistent than expected, raised interest rates seven times during the 12-month period. Furthermore, the Fed wound down its bond-buying programs and incrementally reduced its balance sheet by not replacing securities that reach maturity. However, the Fed declined to raise interest rates at its June 2023 meeting, the first time it paused its tightening in the current cycle, before again raising rates in July 2023.
Supply constraints appear to have become an embedded feature of the new macroeconomic environment, making it difficult for developed economies to increase production without sparking higher inflation. Geopolitical fragmentation and an aging population risk further exacerbating these constraints, keeping the labor market tight and wage growth high. Although the Fed has decelerated the pace of interest rate hikes and recently opted for two pauses, we believe that the new economic regime means that the Fed will need to maintain high rates for an extended period to keep inflation under control. Furthermore, ongoing structural changes may mean that the Fed will be hesitant to cut interest rates in the event of faltering economic activity lest inflation accelerate again. We believe investors should expect a period of higher volatility as markets adjust to the new economic reality and policymakers attempt to adapt.
While we favor an overweight position to developed market equities in the long term, we prefer an underweight stance in the near term. Expectations for corporate earnings remain elevated, which seems inconsistent with macroeconomic constraints. Nevertheless, we are overweight on emerging market stocks in the near term as growth trends for emerging markets appear brighter. We also believe that stocks with an AI tilt should benefit from an investment cycle that is set to support revenues and margins. In credit, there are selective opportunities in the near term despite tightening credit and financial conditions. For fixed income investing with a six- to twelve-month horizon, we see the most attractive investments in short-term U.S. Treasuries, U.S. inflation-linked bonds, U.S. mortgage-backed securities, and hard-currency emerging market bonds.
Overall, our view is that investors need to think globally, position themselves to be prepared for a decarbonizing economy, and be nimble as market conditions change. We encourage you to talk with your financial advisor and visit iShares.com for further insight about investing in today’s markets.
Rob Kapito
President, BlackRock, Inc.
Rob Kapito
President, BlackRock, Inc.
| Total Returns as of August 31, 2023 | ||||
| 6-Month | 12-Month | |||
|
U.S. large cap equities (S&P 500® Index) |
14.50% | 15.94% | ||
|
U.S. small cap equities (Russell 2000® Index) |
0.99 | 4.65 | ||
|
International equities (MSCI Europe, Australasia, Far East Index) |
4.75 | 17.92 | ||
|
Emerging market equities (MSCI Emerging Markets Index) |
3.62 | 1.25 | ||
|
3-month Treasury bills (ICE BofA 3-Month U.S. Treasury Bill Index) |
2.47 | 4.25 | ||
|
U.S. Treasury securities (ICE BofA 10-Year U.S. Treasury Index) |
0.11 | (4.71) | ||
|
U.S. investment grade bonds (Bloomberg U.S. Aggregate Bond Index) |
0.95 | (1.19) | ||
|
Tax-exempt municipal bonds (Bloomberg Municipal Bond Index) |
1.04 | 1.70 | ||
|
U.S. high yield bonds (Bloomberg U.S. Corporate High Yield 2% Issuer Capped Index) |
4.55 | 7.19 | ||
| Past performance is not an indication of future results. Index performance is shown for illustrative purposes only. You cannot invest directly in an index. | ||||
| 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 |
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Semi-Annual Report: |
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Financial Statements |
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| Fund Summary as of August 31, 2023 | iShares® California Muni Bond ETF |
Investment Objective
The iShares California Muni Bond ETF (the “Fund”) seeks to track the investment results of an index composed of investment-grade municipal bonds issued in the State of California, as represented by the ICE AMT-Free California Municipal 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.
Performance
| Average Annual Total Returns | Cumulative Total Returns | |||||||||||||||||||||||||||||||
| 6-Month Total Returns |
1 Year | 5 Years | 10 Years | 1 Year | 5 Years | 10 Years | ||||||||||||||||||||||||||
|
Fund NAV |
1.14 | % | 1.82 | % | 1.12 | % | 2.65 | % | 1.82 | % | 5.73 | % | 29.90 | % | ||||||||||||||||||
|
Fund Market |
1.14 | 1.76 | 1.08 | 2.80 | 1.76 | 5.52 | 31.79 | |||||||||||||||||||||||||
|
Index |
1.17 | 2.01 | 1.37 | 2.88 | 2.01 | 7.03 | 32.81 | |||||||||||||||||||||||||
Index performance through September 14, 2021, reflects the performance of S&P California AMT-Free Municipal Bond IndexTM. Index performance beginning on September 15, 2021 reflects the performance of the ICE AMT-Free California Municipal 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.
Expense Example
| Actual | Hypothetical 5% Return | |||||||||||||||||||||||||||||||
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Beginning Account Value (03/01/23) |
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Ending Account Value (08/31/23) |
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Expenses Paid During the Period |
(a) |
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Beginning Account Value (03/01/23) |
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Ending Account Value (08/31/23) |
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Expenses Paid During the Period |
(a) |
|
Annualized Expense Ratio |
| ||||||||||||
| $ | 1,000.00 | $ | 1,011.40 | $ | 1.26 | $ | 1,000.00 | $ | 1,023.90 | $ | 1.27 | 0.25 | % | |||||||||||||||||||
| (a) |
Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 184/366 (to reflect the one-half year period shown). Other fees, such as brokerage commissions and other fees to financial intermediaries, may be paid which are not reflected in the tables and examples above. See “Disclosure of Expenses” for more information. |
Portfolio Information
CREDIT QUALITY ALLOCATION
| S&P Credit Rating* | |
Percent
of Total Investments |
(a) | |
|
AAA |
14.4 | % | ||
|
AA+ |
11.3 | |||
|
AA |
12.6 | |||
|
AA- |
33.6 | |||
|
A+ |
5.1 | |||
|
A |
3.6 | |||
|
A- |
0.6 | |||
|
BBB+ |
0.2 | |||
|
Not Rated |
18.6 | |||
FIVE LARGEST HOLDINGS
| Security | |
Percent
of Total Investments |
(a) | |
| California Educational Facilities Authority RB, Series U-6, 5.00%, 05/01/45 | 1.0 | % | ||
| Foothill-Eastern Transportation Corridor Agency RB, Series A, 4.00%, 01/15/46 | 0.7 | |||
| University of California RB, 2.85%, 05/15/48 | 0.7 | |||
| Santa Clara Valley Transportation Authority RB, Series C, 2.10%, 04/01/36 | 0.7 | |||
| California State University RB, Series A, 5.00%, 11/01/44 | 0.6 | |||
| * |
Credit quality ratings shown reflect the ratings assigned by S&P Global Ratings, a widely used independent, nationally recognized statistical rating organization. S&P credit ratings are opinions of the credit quality of individual obligations or of an issuer’s general creditworthiness. Investment grade ratings are credit ratings of BBB or higher. Below investment grade ratings are credit ratings of BB or lower. Unrated investments do not necessarily indicate low credit quality. Credit quality ratings are subject to change. |
| (a) |
Excludes money market funds. |
| 4 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
| Fund Summary as of August 31, 2023 | iShares® National Muni Bond ETF |
Investment Objective
The iShares National Muni Bond ETF (the “Fund”) seeks to track the investment results of an index composed of investment-grade U.S. municipal bonds, as represented by the ICE AMT-Free US National Municipal 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.
Performance
| Average Annual Total Returns | Cumulative Total Returns | |||||||||||||||||||||||||||||||
| 6-Month Total Returns |
1 Year | 5 Years | 10 Years | 1 Year | 5 Years | 10 Years | ||||||||||||||||||||||||||
|
Fund NAV |
1.13 | % | 2.01 | % | 1.55 | % | 2.62 | % | 2.01 | % | 8.00 | % | 29.47 | % | ||||||||||||||||||
|
Fund Market |
1.34 | 2.27 | 1.58 | 2.73 | 2.27 | 8.15 | 30.85 | |||||||||||||||||||||||||
|
Index |
1.17 | 2.05 | 1.62 | 2.79 | 2.05 | 8.36 | 31.73 | |||||||||||||||||||||||||
Index performance through September 14, 2021, reflects the performance of S&P National AMT-Free Municipal Bond IndexTM. Index performance beginning on September 15, 2021 reflects the performance of the ICE AMT-Free US National Municipal 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.
Expense Example
| Actual | Hypothetical 5% Return | |||||||||||||||||||||||||||||||
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Beginning Account Value (03/01/23) |
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Ending Account Value (08/31/23) |
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Expenses Paid During the Period |
(a) |
|
Beginning Account Value (03/01/23) |
|
|
Ending Account Value (08/31/23) |
|
|
Expenses Paid During the Period |
(a) |
|
Annualized Expense Ratio |
| ||||||||||||
| $ | 1,000.00 | $ | 1,011.30 | $ | 0.35 | $ | 1,000.00 | $ | 1,024.80 | $ | 0.36 | 0.07 | % | |||||||||||||||||||
| (a) |
Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 184/366 (to reflect the one-half year period shown). Other fees, such as brokerage commissions and other fees to financial intermediaries, may be paid which are not reflected in the tables and examples above. See “Disclosure of Expenses” for more information. |
Portfolio Information
CREDIT QUALITY ALLOCATION
| S&P Credit Rating* | |
Percent
of Total Investments |
(a) | |
|
AAA |
23.0 | % | ||
|
AA+ |
21.6 | |||
|
AA |
12.6 | |||
|
AA- |
15.9 | |||
|
A+ |
4.6 | |||
|
A |
2.2 | |||
|
A- |
4.1 | |||
|
BBB+ |
1.4 | |||
|
BBB |
0.1 | |||
|
BB+ |
0.0 | (b) | ||
|
Not Rated |
14.5 | |||
TEN LARGEST STATES
| State | |
Percent
of Total Investments |
(a) | |
|
New York |
22.1 | % | ||
|
California |
19.6 | |||
|
Texas |
7.4 | |||
|
Massachusetts |
4.5 | |||
|
New Jersey |
4.4 | |||
|
Illinois |
4.1 | |||
|
Washington |
4.0 | |||
|
Georgia |
3.0 | |||
|
Pennsylvania |
2.9 | |||
|
Maryland |
2.7 | |||
| * |
Credit quality ratings shown reflect the ratings assigned by S&P Global Ratings, a widely used independent, nationally recognized statistical rating organization. S&P credit ratings are opinions of the credit quality of individual obligations or of an issuer’s general creditworthiness. Investment grade ratings are credit ratings of BBB or higher. Below investment grade ratings are credit ratings of BB or lower. Unrated investments do not necessarily indicate low credit quality. Credit quality ratings are subject to change. |
| (a) |
Excludes money market funds. |
| (b) |
Rounds to less than 0.1%. |
|
F U N D S U M M A R Y |
5 |
| Fund Summary as of August 31, 2023 | iShares® New York Muni Bond ETF |
Investment Objective
The iShares NewYork Muni Bond ETF (the “Fund”) seeks to track the investment results of an index composed of investment-grade municipal bonds issued in the State of New York, as represented by the ICE AMT-Free New York Municipal 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.
Performance
| Average Annual Total Returns | Cumulative Total Returns | |||||||||||||||||||||||||||||||
| 6-Month Total Returns |
1 Year | 5 Years | 10 Years | 1 Year | 5 Years | 10 Years | ||||||||||||||||||||||||||
|
Fund NAV |
1.23 | % | 2.30 | % | 1.28 | % | 2.50 | % | 2.30 | % | 6.59 | % | 27.98 | % | ||||||||||||||||||
|
Fund Market |
1.46 | 2.31 | 1.25 | 2.69 | 2.31 | 6.39 | 30.35 | |||||||||||||||||||||||||
|
Index |
1.24 | 2.45 | 1.45 | 2.70 | 2.45 | 7.46 | 30.55 | |||||||||||||||||||||||||
Index performance through September 14, 2021, reflects the performance of S&P New York AMT-Free Municipal Bond IndexTM. Index performance beginning on September 15, 2021 reflects the performance of the ICE AMT-Free New York Municipal 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.
Expense Example
| Actual | Hypothetical 5% Return | |||||||||||||||||||||||||||||||
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|||||||||||||||||||||||||||||
| |
Beginning Account Value (03/01/23) |
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Ending Account Value (08/31/23) |
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|
Expenses Paid During the Period |
(a) |
|
Beginning Account Value (03/01/23) |
|
|
Ending Account Value (08/31/23) |
|
|
Expenses Paid During the Period |
(a) |
|
Annualized Expense Ratio |
| ||||||||||||
| $ | 1,000.00 | $ | 1,012.30 | $ | 1.26 | $ | 1,000.00 | $ | 1,023.90 | $ | 1.27 | 0.25 | % | |||||||||||||||||||
| (a) |
Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 184/366 (to reflect the one-half year period shown). Other fees, such as brokerage commissions and other fees to financial intermediaries, may be paid which are not reflected in the tables and examples above. See “Disclosure of Expenses” for more information. |
Portfolio Information
CREDIT QUALITY ALLOCATION
| S&P Credit Rating* | |
Percent
of Total Investments |
(a) | |
|
AAA |
23.0 | % | ||
|
AA+ |
20.6 | |||
|
AA |
16.0 | |||
|
AA- |
12.6 | |||
|
A+ |
1.1 | |||
|
A |
5.2 | |||
|
A- |
1.2 | |||
|
BBB+ |
5.2 | |||
|
Not Rated |
15.1 | |||
FIVE LARGEST HOLDINGS
| Security | |
Percent
of Total Investments |
(a) | |
| New York City Municipal Water Finance Authority RB, 5.00%, 06/15/47 | 1.0 | % | ||
| Long Island Power Authority RB, 5.00%, 09/01/42 | 0.8 | |||
| Saratoga County Water Authority RB, 4.00%, 09/01/48 | 0.8 | |||
| New York City Municipal Water Finance Authority RB, 5.00%, 06/15/28 | 0.7 | |||
| New York State Dormitory Authority RB, 4.00%, 07/01/41 | 0.7 | |||
| * |
Credit quality ratings shown reflect the ratings assigned by S&P Global Ratings, a widely used independent, nationally recognized statistical rating organization. S&P credit ratings are opinions of the credit quality of individual obligations or of an issuer’s general creditworthiness. Investment grade ratings are credit ratings of BBB or higher. Below investment grade ratings are credit ratings of BB or lower. Unrated investments do not necessarily indicate low credit quality. Credit quality ratings are subject to change. |
| (a) |
Excludes money market funds. |
| 6 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
| Fund Summary as of August 31, 2023 | iShares® Short-Term National Muni Bond ETF |
Investment Objective
The iShares Short-Term National Muni Bond ETF (the “Fund”) seeks to track the investment results of an index composed of investment-grade U.S. municipal bonds with remaining maturities between one month and five years, as represented by the ICE Short Maturity AMT-Free US National Municipal 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.
Performance
| Average Annual Total Returns | Cumulative Total Returns | |||||||||||||||||||||||||||||||
| 6-Month Total Returns |
1 Year | 5 Years | 10 Years | 1 Year | 5 Years | 10 Years | ||||||||||||||||||||||||||
|
Fund NAV |
1.08 | % | 1.39 | % | 0.98 | % | 0.86 | % | 1.39 | % | 4.98 | % | 8.91 | % | ||||||||||||||||||
|
Fund Market |
1.09 | 1.11 | 0.95 | 0.84 | 1.11 | 4.82 | 8.70 | |||||||||||||||||||||||||
|
Index |
1.15 | 1.51 | 1.08 | 1.07 | 1.51 | 5.51 | 11.20 | |||||||||||||||||||||||||
Index performance through September 14, 2021, reflects the performance of S&P Short Term National AMT-Free Municipal Bond IndexTM. Index performance beginning on September 15, 2021 reflects the performance of the ICE Short Maturity AMT-Free US National Municipal 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.
Expense Example
| Actual | Hypothetical 5% Return | |||||||||||||||||||||||||||||||
|
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|||||||||||||||||||||||||||||
| |
Beginning Account Value (03/01/23) |
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Ending Account Value (08/31/23) |
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|
Expenses Paid During the Period |
(a) |
|
Beginning Account Value (03/01/23) |
|
|
Ending Account Value (08/31/23) |
|
|
Expenses Paid During the Period |
(a) |
|
Annualized Expense Ratio |
| ||||||||||||
| $ | 1,000.00 | $ | 1,010.80 | $ | 0.35 | $ | 1,000.00 | $ | 1,024.80 | $ | 0.36 | 0.07 | % | |||||||||||||||||||
| (a) |
Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 184/366 (to reflect the one-half year period shown). Other fees, such as brokerage commissions and other fees to financial intermediaries, may be paid which are not reflected in the tables and examples above. See “Disclosure of Expenses” for more information. |
Portfolio Information
CREDIT QUALITY ALLOCATION
| S&P Credit Rating* | |
Percent
of Total Investments |
(a) | |
|
AAA |
33.2 | % | ||
|
AA+ |
22.0 | |||
|
AA |
9.9 | |||
|
AA- |
11.9 | |||
|
A+ |
3.5 | |||
|
A |
1.7 | |||
|
A- |
4.2 | |||
|
BBB+ |
0.8 | |||
|
BBB |
0.1 | |||
|
Not Rated |
12.7 | |||
TEN LARGEST STATES
| State | |
Percent
of Total Investments |
(a) | |
|
California |
13.2 | % | ||
|
New York |
11.5 | |||
|
Texas |
9.6 | |||
|
Maryland |
4.8 | |||
|
Washington |
4.6 | |||
|
Massachusetts |
4.5 | |||
|
New Jersey |
4.1 | |||
|
Virginia |
3.6 | |||
|
Illinois |
3.1 | |||
|
Minnesota |
2.9 | |||
| * |
Credit quality ratings shown reflect the ratings assigned by S&P Global Ratings, a widely used independent, nationally recognized statistical rating organization. S&P credit ratings are opinions of the credit quality of individual obligations or of an issuer’s general creditworthiness. Investment grade ratings are credit ratings of BBB or higher. Below investment grade ratings are credit ratings of BB or lower. Unrated investments do not necessarily indicate low credit quality. Credit quality ratings are subject to change. |
| (a) |
Excludes money market funds. |
|
F U N D S U M M A R Y |
7 |
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. 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.
| 8 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) August 31, 2023 |
iShares® California Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
|
Municipal Debt Obligations |
||||||||
| California — 99.9% | ||||||||
|
Acalanes Union High School District GO, Series A, 0.00%, 08/01/39 (Call 08/01/29) |
$ | 200 | $ | 213,431 | ||||
|
Alameda Corridor Transportation Authority RB |
||||||||
|
0.00%, 10/01/32 (NPFGC)(a) |
745 | 530,884 | ||||||
|
0.00%, 10/01/47 (Call 10/01/37) |
1,630 | 832,742 | ||||||
|
0.00%, 10/01/48 (Call 10/01/37) |
665 | 338,806 | ||||||
|
0.00%, 10/01/49 (Call 10/01/37) |
665 | 338,806 | ||||||
|
0.00%, 10/01/50 (Call 10/01/37) |
2,195 | 1,116,780 | ||||||
|
0.00%, 10/01/51 (Call 10/01/37) (AGM) |
1,000 | 515,823 | ||||||
|
5.00%, 10/01/26 (PR 10/01/23) |
300 | 300,371 | ||||||
|
5.00%, 10/01/52 (Call 10/01/32) (AGM) |
285 | 301,412 | ||||||
|
series B, 4.00%, 10/01/35 (Call 10/01/26) (AGM) |
255 | 257,132 | ||||||
|
Series B, 5.00%, 10/01/35 (Call 10/01/26) |
2,000 | 2,038,791 | ||||||
|
Series B, 5.00%, 10/01/36 (Call 10/01/26) |
2,000 | 2,031,757 | ||||||
|
Series B, 5.00%, 10/01/36 (Call 10/01/26) (AGM) |
600 | 619,617 | ||||||
|
Alameda County Transportation Commission RB |
||||||||
|
5.00%, 03/01/40 (Call 03/01/32) |
4,215 | 4,679,460 | ||||||
|
5.00%, 03/01/41 (Call 03/01/32) |
1,860 | 2,058,603 | ||||||
|
5.00%, 03/01/45 (Call 03/01/32) |
2,000 | 2,183,468 | ||||||
|
Alhambra Unified School District GO, Series B, 0.00%, 08/01/39(a) |
5,100 | 2,584,432 | ||||||
|
Allan Hancock Joint Community College District/CA GO, Series C, 0.00%, 08/01/47 (Call 08/01/40) |
1,295 | 870,567 | ||||||
|
Alvord Unified School District GO, Series B, 0.00%, 08/01/43 (AGM)(a) |
2,500 | 968,161 | ||||||
|
Anaheim Housing & Public Improvements Authority RB |
||||||||
|
Series A, 5.00%, 10/01/50 (Call 10/01/25) |
200 | 203,564 | ||||||
|
Series C, 5.00%, 10/01/45 (Call 10/01/25) |
1,500 | 1,529,264 | ||||||
|
Anaheim Public Financing Authority RB, 5.00%, 05/01/46 (PR 05/01/24) |
6,830 | 6,916,408 | ||||||
|
Bay Area Toll Authority RB |
||||||||
|
4.00%, 04/01/29 (Call 04/01/27) |
500 | 517,567 | ||||||
|
4.00%, 04/01/33 (Call 04/01/27) |
1,200 | 1,230,778 | ||||||
|
4.00%, 04/01/38 (Call 04/01/27) |
400 | 401,598 | ||||||
|
4.00%, 04/01/42 (Call 04/01/27) |
6,035 | 5,992,308 | ||||||
|
4.00%, 04/01/47 (Call 04/01/27) |
1,500 | 1,469,170 | ||||||
|
4.00%, 04/01/49 (Call 04/01/27) |
2,455 | 2,386,009 | ||||||
|
5.00%, 04/01/28 |
1,945 | 2,128,154 | ||||||
|
5.00%, 04/01/29 |
3,000 | 3,347,030 | ||||||
|
5.00%, 04/01/54 (Call 04/01/33) |
5,000 | 5,389,975 | ||||||
|
VRDN, 2.00%, 04/01/53 (Put 10/02/23)(b) |
1,955 | 1,931,868 | ||||||
|
VRDN, 2.13%, 04/01/53 (Put 10/01/24)(b) |
1,200 | 1,167,647 | ||||||
|
VRDN, 2.75%, 04/01/55 (Put 08/31/23)(b) |
12,085 | 12,085,000 | ||||||
|
VRDN, 3.02%, 04/01/55 (Put 08/31/23)(b) |
8,000 | 8,000,000 | ||||||
|
Series A, VRDN, 2.95%, 04/01/47 (Put 10/01/25)(b) |
725 | 707,359 | ||||||
|
Series B, VRDN, 2.85%, 04/01/47 (Put 10/01/24)(b) |
725 | 714,367 | ||||||
|
Series F-1, 5.00%, 04/01/56 (PR 04/01/27) |
1,405 | 1,509,403 | ||||||
|
Series S-6, 5.00%, 10/01/54 (PR 10/01/24) |
2,935 | 2,995,346 | ||||||
|
Series S-8, 3.00%, 04/01/54 (Call 10/01/29) |
5,085 | 3,698,725 | ||||||
|
Series S-8, 5.00%, 04/01/56 (PR 10/01/29) |
2,000 | 2,255,778 | ||||||
|
California Educational Facilities Authority RB |
||||||||
|
5.00%, 04/01/45 (Call 04/01/25) |
1,000 | 1,012,164 | ||||||
|
5.00%, 09/01/45 (PR 09/01/25) |
5,000 | 5,190,755 | ||||||
|
5.00%, 10/01/49 (PR 04/01/26) |
250 | 262,388 | ||||||
|
5.25%, 04/01/40 |
4,650 | 5,474,863 | ||||||
|
Series A, 5.00%, 10/01/53 (Call 10/01/28) |
1,120 | 1,144,577 | ||||||
|
Series T-1, 5.00%, 03/15/39 |
4,950 | 5,692,206 | ||||||
|
Series U-3, 5.00%, 06/01/43 |
2,090 | 2,383,966 | ||||||
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
Series U-6, 5.00%, 05/01/45 |
$ | 20,280 | $ | 23,085,292 | ||||
|
Series U-7, 5.00%, 06/01/46 |
2,650 | 3,016,118 | ||||||
|
Series V-1, 5.00%, 05/01/29 |
500 | 561,156 | ||||||
|
Series V-1, 5.00%, 05/01/49 |
7,260 | 8,257,116 | ||||||
|
California Infrastructure & Economic Development Bank RB |
||||||||
|
4.00%, 10/01/45 (Call 10/01/32) |
5,000 | 4,900,088 | ||||||
|
5.00%, 10/01/23 |
100 | 100,130 | ||||||
|
5.00%, 10/01/26 (Call 04/01/26) |
3,340 | 3,512,075 | ||||||
|
5.00%, 10/01/28 |
1,000 | 1,105,794 | ||||||
|
5.00%, 10/01/28 (Call 04/01/28) |
545 | 597,300 | ||||||
|
5.00%, 05/15/42 (Call 05/15/28) |
1,000 | 1,053,518 | ||||||
|
5.00%, 10/01/43 (Call 04/01/28) |
2,000 | 2,116,349 | ||||||
|
5.00%, 10/01/47 (Call 10/01/32) |
1,000 | 1,090,596 | ||||||
|
5.00%, 10/01/48 (Call 04/01/28) |
125 | 131,392 | ||||||
|
5.00%, 08/01/49 (Call 08/01/29) |
3,125 | 3,295,306 | ||||||
|
5.00%, 10/01/52 (Call 10/01/32) |
8,000 | 8,680,331 | ||||||
|
Series A, 4.00%, 10/01/45 (PR 10/01/26) |
500 | 515,849 | ||||||
|
Series A, 5.00%, 07/01/25 (ETM) (FGIC) |
300 | 310,219 | ||||||
|
Series A, 5.00%, 07/01/29 (PR 01/01/28) (FGIC) |
810 | 878,856 | ||||||
|
Series A, 5.00%, 07/01/33 (PR 01/01/28) (AMBAC) |
1,370 | 1,492,450 | ||||||
|
Series A, 5.00%, 07/01/36 (PR 01/01/28) (AMBAC) |
740 | 806,141 | ||||||
|
Series A, 5.00%, 10/01/41 (PR 10/01/26) |
700 | 742,614 | ||||||
|
California Municipal Finance Authority RB |
||||||||
|
5.00%, 01/01/48 (PR 01/01/28) |
1,000 | 1,091,936 | ||||||
|
Series A, 5.00%, 06/01/42 (Call 06/01/27) |
500 | 520,397 | ||||||
|
California School Facilities Financing Authority RB, 0.00%, 08/01/49 (AGM)(a) |
2,100 | 534,351 | ||||||
|
California State Public Works Board RB |
||||||||
|
4.00%, 11/01/41 (Call 11/01/31) |
2,510 | 2,456,481 | ||||||
|
5.00%, 02/01/25 |
5,000 | 5,131,568 | ||||||
|
5.00%, 08/01/28 |
1,000 | 1,099,813 | ||||||
|
5.00%, 02/01/32 |
10,490 | 12,156,014 | ||||||
|
5.00%, 11/01/40 (Call 11/01/31) |
1,000 | 1,101,285 | ||||||
|
5.00%, 11/01/46 (Call 11/01/31) |
3,100 | 3,342,174 | ||||||
|
Series A, 5.00%, 09/01/25 (Call 09/01/24) |
3,100 | 3,154,207 | ||||||
|
Series A, 5.00%, 09/01/26 (Call 09/01/24) |
2,620 | 2,666,044 | ||||||
|
Series A, 5.00%, 09/01/28 (Call 09/01/24) |
1,265 | 1,287,603 | ||||||
|
Series A, 5.00%, 09/01/29 (Call 09/01/24) |
2,205 | 2,243,535 | ||||||
|
Series A, 5.00%, 09/01/32 (Call 09/01/24) |
1,000 | 1,016,107 | ||||||
|
Series A, 5.00%, 09/01/34 (Call 09/01/24) |
1,000 | 1,015,326 | ||||||
|
Series B, 5.00%, 10/01/23 |
180 | 180,238 | ||||||
|
Series B, 5.00%, 10/01/27 |
340 | 368,486 | ||||||
|
Series B, 5.00%, 10/01/29 (Call 10/01/27) |
250 | 270,504 | ||||||
|
Series B, 5.00%, 10/01/39 (Call 10/01/24) |
2,000 | 2,030,735 | ||||||
|
Series C, 5.00%, 11/01/27 |
1,100 | 1,194,196 | ||||||
|
Series C, 5.00%, 11/01/29 |
1,530 | 1,718,083 | ||||||
|
Series C, 5.00%, 11/01/34 (Call 11/01/26) |
1,575 | 1,666,808 | ||||||
|
Series D, 5.00%, 06/01/25 |
350 | 361,475 | ||||||
|
Series F, 5.00%, 05/01/25 |
300 | 309,348 | ||||||
|
Series F, 5.00%, 05/01/28 (Call 05/01/25) |
350 | 360,893 | ||||||
|
Series I, 5.00%, 11/01/25 (Call 11/01/23) |
1,990 | 1,994,885 | ||||||
|
Series I, 5.00%, 11/01/38 (Call 11/01/23) |
2,270 | 2,273,890 | ||||||
|
Series I, 5.25%, 11/01/27 (Call 11/01/23) |
960 | 962,436 | ||||||
|
Series I, 5.50%, 11/01/31 (Call 11/01/23) |
1,615 | 1,619,765 | ||||||
|
Series I, 5.50%, 11/01/33 (Call 11/01/23) |
2,400 | 2,406,968 | ||||||
|
California State University RB |
||||||||
|
5.00%, 11/01/26 |
370 | 393,897 | ||||||
|
5.00%, 11/01/33 (Call 05/01/27) |
1,325 | 1,419,871 | ||||||
|
5.00%, 11/01/44 (11/01/33) |
2,500 | 2,747,860 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
9 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® California Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
5.25%, 11/01/48 (Call 11/01/33) |
$ | 1,445 | $ | 1,607,241 | ||||
|
Series A, 4.00%, 11/01/37 (Call 05/01/26) |
2,455 | 2,458,686 | ||||||
|
Series A, 4.00%, 11/01/38 (Call 05/01/26) |
2,005 | 2,005,114 | ||||||
|
Series A, 4.00%, 11/01/43 (Call 11/01/25) |
200 | 194,763 | ||||||
|
Series A, 4.00%, 11/01/45 (Call 05/01/26) |
935 | 904,202 | ||||||
|
Series A, 5.00%, 11/01/24 (PR 11/01/23) |
1,575 | 1,579,214 | ||||||
|
Series A, 5.00%, 11/01/26 (PR 11/01/24) |
400 | 408,598 | ||||||
|
Series A, 5.00%, 11/01/27 (Call 05/01/26) |
1,385 | 1,461,796 | ||||||
|
Series A, 5.00%, 11/01/27 (PR 11/01/24) |
400 | 408,598 | ||||||
|
Series A, 5.00%, 11/01/28 (PR 11/01/24) |
3,370 | 3,442,441 | ||||||
|
Series A, 5.00%, 11/01/29 (Call 05/01/26) |
1,020 | 1,073,376 | ||||||
|
Series A, 5.00%, 11/01/29 (PR 11/01/24) |
1,425 | 1,455,631 | ||||||
|
Series A, 5.00%, 11/01/30 (Call 05/01/27) |
520 | 557,590 | ||||||
|
Series A, 5.00%, 11/01/30 (PR 11/01/24) |
505 | 515,855 | ||||||
|
Series A, 5.00%, 11/01/31 (Call 11/01/25) |
2,500 | 2,597,723 | ||||||
|
Series A, 5.00%, 11/01/31 (Call 05/01/27) |
500 | 536,378 | ||||||
|
Series A, 5.00%, 11/01/32 (Call 05/01/26) |
1,500 | 1,575,398 | ||||||
|
Series A, 5.00%, 11/01/32 (PR 11/01/24) |
2,000 | 2,042,992 | ||||||
|
Series A, 5.00%, 11/01/33 (Call 11/01/25) |
500 | 517,969 | ||||||
|
Series A, 5.00%, 11/01/33 (PR 11/01/24) |
1,500 | 1,532,244 | ||||||
|
Series A, 5.00%, 11/01/35 (Call 11/01/25) |
2,780 | 2,875,588 | ||||||
|
Series A, 5.00%, 11/01/35 (Call 05/01/27) |
450 | 479,613 | ||||||
|
Series A, 5.00%, 11/01/36 (Call 05/01/27) |
485 | 514,498 | ||||||
|
Series A, 5.00%, 11/01/39 (Call 11/01/29) |
1,515 | 1,640,691 | ||||||
|
Series A, 5.00%, 11/01/39 (PR 11/01/24) |
500 | 510,748 | ||||||
|
Series A, 5.00%, 11/01/41 (Call 05/01/26) |
650 | 673,371 | ||||||
|
Series A, 5.00%, 11/01/43 (Call 11/01/25) |
1,665 | 1,705,776 | ||||||
|
Series A, 5.00%, 11/01/44 (PR 11/01/24) |
13,290 | 13,575,680 | ||||||
|
Series A, 5.00%, 11/01/45 (Call 05/01/26) |
760 | 782,983 | ||||||
|
Series A, 5.00%, 11/01/47 (Call 11/01/25) |
1,300 | 1,330,007 | ||||||
|
Series A, 5.00%, 11/01/48 (Call 11/01/28) |
3,550 | 3,752,227 | ||||||
|
Series C, 4.00%, 11/01/45 (Call 11/01/30) |
2,720 | 2,645,673 | ||||||
|
California Statewide Communities Development Authority RB, 5.00%, 05/15/40 (Call 05/15/26) |
250 | 252,806 | ||||||
|
Campbell Union High School District GO, Series B, 4.00%, 08/01/38 (PR 08/01/26) |
2,000 | 2,064,534 | ||||||
|
Cerritos Community College District GO |
||||||||
|
Series A, 4.00%, 08/01/44 (Call 08/01/24) |
250 | 245,506 | ||||||
|
Series A, 5.00%, 08/01/39 (Call 08/01/24) |
2,790 | 2,824,142 | ||||||
|
Series C, 3.00%, 08/01/44 (Call 08/01/29) |
250 | 196,203 | ||||||
|
Series D, 0.00%, 08/01/26(a) |
545 | 493,910 | ||||||
|
Chabot-Las Positas Community College District GO |
||||||||
|
4.00%, 08/01/33 (Call 08/01/26) |
1,000 | 1,018,760 | ||||||
|
4.00%, 08/01/34 (Call 08/01/26) |
1,000 | 1,013,713 | ||||||
|
Series A, 4.00%, 08/01/42 (Call 08/01/27) |
1,290 | 1,262,307 | ||||||
|
Series A, 4.00%, 08/01/47 (Call 08/01/27) |
1,000 | 959,005 | ||||||
|
Chaffey Community College District GO, 3.00%, 06/01/33 (Call 06/01/28) |
1,800 | 1,683,474 | ||||||
|
Chaffey Joint Union High School District GO, Series B, 4.00%, 08/01/44 (Call 02/01/25) |
500 | 488,955 | ||||||
|
Chino Basin Regional Financing Authority RB, Series B, 4.00%, 11/01/25 (Call 08/01/25) |
3,790 | 3,850,806 | ||||||
|
City & County of San Francisco CA GO |
||||||||
|
5.00%, 06/15/26 |
500 | 528,317 | ||||||
|
5.00%, 06/15/27 |
500 | 539,966 | ||||||
|
Series R, 5.00%, 06/15/28 |
3,500 | 3,862,349 | ||||||
|
Series R1, 5.00%, 06/15/24 (Call 09/21/23) |
175 | 175,155 | ||||||
|
Series R1, 5.00%, 06/15/25 |
1,315 | 1,361,433 | ||||||
|
Series R1, 5.00%, 06/15/26 (Call 09/21/23) |
550 | 550,462 | ||||||
|
Series R1, 5.00%, 06/15/31 (Call 06/15/28) |
1,500 | 1,653,923 | ||||||
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
City of Long Beach CA Harbor Revenue RB |
||||||||
|
Series A, 5.00%, 05/15/44 (Call 05/15/29) |
$ | 2,000 | $ | 2,123,645 | ||||
|
Series C, 5.00%, 05/15/47 (Call 05/15/27) |
1,500 | 1,563,137 | ||||||
|
City of Los Angeles CA, 5.00%, 06/27/24 |
8,000 | 8,121,990 | ||||||
|
City of Los Angeles CA Solid Waste Resources Revenue RB |
||||||||
|
5.00%, 02/01/37 (02/01/33) |
1,000 | 1,156,047 | ||||||
|
5.00%, 02/01/38 (02/01/33) |
1,000 | 1,145,609 | ||||||
|
City of Los Angeles CA Wastewater System Revenue RB |
||||||||
|
4.00%, 06/01/52 (06/01/32) |
1,200 | 1,165,059 | ||||||
|
Series A, 4.00%, 06/01/42 (Call 06/01/27) |
500 | 497,061 | ||||||
|
Series A, 5.00%, 06/01/35 (Call 09/21/23) |
2,450 | 2,451,659 | ||||||
|
Series A, 5.00%, 06/01/43 (Call 09/21/23) |
1,435 | 1,435,274 | ||||||
|
Series A, 5.00%, 06/01/43 (Call 06/01/28) |
1,000 | 1,061,935 | ||||||
|
Series A, 5.00%, 06/01/47 (Call 06/01/32) |
2,590 | 2,801,361 | ||||||
|
Series A, 5.25%, 06/01/47 (Call 06/01/27) |
1,000 | 1,047,238 | ||||||
|
Series B, 5.00%, 06/01/27 |
3,850 | 4,142,728 | ||||||
|
Series C, 5.00%, 06/01/29 |
2,000 | 2,235,605 | ||||||
|
Series C, 5.00%, 06/01/30 |
2,000 | 2,272,143 | ||||||
|
Series C, 5.00%, 06/01/32 |
2,500 | 2,930,623 | ||||||
|
Series C, 5.00%, 06/01/45 (Call 06/01/25) |
915 | 932,173 | ||||||
|
City of Los Angeles Department of Airports RB |
||||||||
|
5.00%, 05/15/25 |
360 | 371,069 | ||||||
|
5.00%, 05/15/25 (ETM) |
140 | 144,415 | ||||||
|
5.00%, 05/15/28 |
280 | 308,563 | ||||||
|
5.00%, 05/15/48 (Call 05/15/29) |
1,020 | 1,077,820 | ||||||
|
Series A, 5.00%, 05/15/26 |
1,000 | 1,055,999 | ||||||
|
Series A, 5.00%, 05/15/32 (Call 11/15/29) |
1,070 | 1,208,423 | ||||||
|
Series A, 5.00%, 05/15/36 (Call 11/15/29) |
5,330 | 5,916,554 | ||||||
|
Series A, 5.00%, 05/15/39 (Call 11/15/29) |
4,430 | 4,833,041 | ||||||
|
Series A, 5.00%, 05/15/40 (Call 11/15/29) |
1,425 | 1,546,543 | ||||||
|
Series B, 5.00%, 05/15/25 |
1,135 | 1,169,897 | ||||||
|
Series B, 5.00%, 05/15/32 (Call 05/15/30) |
1,000 | 1,138,900 | ||||||
|
Series B, 5.00%, 05/15/35 (Call 05/15/31) |
2,105 | 2,408,710 | ||||||
|
Series B, 5.00%, 05/15/42 (Call 05/15/27) |
2,000 | 2,095,249 | ||||||
|
Series B, 5.00%, 05/15/45 (Call 05/15/31) |
2,205 | 2,388,308 | ||||||
|
Series B, 5.00%, 05/15/48 (Call 05/15/31) |
475 | 511,059 | ||||||
|
Series C, 5.00%, 05/15/38 (Call 05/15/25) |
1,750 | 1,795,203 | ||||||
|
Series E, 5.00%, 05/15/44 (Call 11/15/28) |
1,500 | 1,591,830 | ||||||
|
City of Riverside CA Electric Revenue RB |
||||||||
|
Series A, 5.00%, 10/01/36 (Call 04/01/29) |
1,025 | 1,122,279 | ||||||
|
Series A, 5.00%, 10/01/48 (Call 04/01/29) |
3,695 | 3,907,832 | ||||||
|
City of Riverside CA Sewer Revenue RB, Series A, |
||||||||
|
5.00%, 08/01/40 (Call 08/01/25) |
500 | 513,015 | ||||||
|
City of Sacramento CA Transient Occupancy Tax Revenue RB, Series A, 5.00%, 06/01/43 (Call 06/01/28) |
1,000 | 1,040,568 | ||||||
|
City of Sacramento CA Water Revenue RB, 5.00%, 09/01/42 (PR 09/01/23) |
2,380 | 2,380,000 | ||||||
|
City of San Francisco CA Public Utilities Commission Water Revenue RB |
||||||||
|
4.00%, 11/01/30 (Call 11/01/26) |
1,055 | 1,088,311 | ||||||
|
4.00%, 11/01/36 (Call 11/01/26) |
2,500 | 2,527,120 | ||||||
|
5.00%, 11/01/25 |
455 | 473,311 | ||||||
|
5.00%, 11/01/25 (Call 05/01/25) |
1,700 | 1,750,560 | ||||||
|
5.00%, 11/01/29 (Call 11/01/26) |
1,405 | 1,496,120 | ||||||
|
5.00%, 11/01/31 |
1,000 | 1,168,459 | ||||||
|
5.00%, 11/01/32 |
1,000 | 1,178,955 | ||||||
|
5.00%, 11/01/32 (Call 05/01/25) |
1,000 | 1,029,990 | ||||||
|
5.00%, 11/01/32 (Call 11/01/26) |
370 | 393,778 | ||||||
| 10 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® California Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
5.00%, 11/01/34 (Call 11/01/26) |
$ | 1,740 | $ | 1,848,885 | ||||
|
5.00%, 11/01/39 (11/01/33) |
1,000 | 1,141,007 | ||||||
|
5.00%, 11/01/42 (PR 11/01/24) |
4,325 | 4,417,970 | ||||||
|
5.00%, 11/01/43 (11/01/33) |
1,500 | 1,673,804 | ||||||
|
Series A, 5.00%, 11/01/33 (Call 11/01/26) |
1,835 | 1,951,025 | ||||||
|
Series A, 5.00%, 11/01/50 (Call 11/01/30) |
6,380 | 6,796,183 | ||||||
|
Series B, 5.00%, 11/01/50 (Call 11/01/27) |
2,000 | 2,080,125 | ||||||
|
Series D, 5.00%, 11/01/33 (Call 11/01/27) |
1,000 | 1,084,084 | ||||||
|
City of San Jose CA GO |
||||||||
|
5.00%, 09/01/45 (03/01/31) |
7,035 | 7,611,369 | ||||||
|
Series A, 5.00%, 09/01/39 (Call 03/01/31) |
3,150 | 3,467,585 | ||||||
|
Series A, 5.00%, 09/01/42 (Call 03/01/31) |
2,175 | 2,368,852 | ||||||
|
Series A-1, 5.00%, 09/01/45 (Call 03/01/29) |
2,650 | 2,818,939 | ||||||
|
Series C, 5.00%, 09/01/28 |
370 | 408,719 | ||||||
|
Clovis Unified School District GO |
||||||||
|
4.00%, 08/01/40 (Call 08/01/25) |
105 | 103,446 | ||||||
|
4.00%, 08/01/40 (PR 08/01/25) |
145 | 147,514 | ||||||
|
Coast Community College District GO |
||||||||
|
0.00%, 08/01/30 (AGM)(a) |
2,985 | 2,344,717 | ||||||
|
0.00%, 08/01/34 (Call 08/01/25)(a) |
500 | 319,625 | ||||||
|
5.00%, 08/01/29 (PR 08/15/25) |
4,905 | 5,083,658 | ||||||
|
5.00%, 08/01/31 (Call 08/15/25) |
2,335 | 2,420,049 | ||||||
|
5.00%, 08/01/36 (PR 08/01/27) |
1,500 | 1,625,712 | ||||||
|
Series B, 0.00%, 08/01/27 (AGM)(a) |
320 | 280,570 | ||||||
|
Series B, 0.00%, 08/01/28 (AGM)(a) |
2,050 | 1,737,350 | ||||||
|
Series D, 4.00%, 08/01/42 (Call 08/01/27) |
500 | 492,484 | ||||||
|
Series F, 0.00%, 08/01/43 (Call 08/01/29)(a) |
1,000 | 387,928 | ||||||
|
Series F, 3.00%, 08/01/39 (Call 02/01/29) |
2,520 | 2,125,676 | ||||||
|
Contra Costa Community College District GO, Series 2014-A, 4.00%, 08/01/39 (Call 08/01/24) |
1,250 | 1,240,550 | ||||||
|
Contra Costa Water District RB |
||||||||
|
4.00%, 10/01/46 (Call 10/01/31) |
3,440 | 3,366,243 | ||||||
|
Series W, 5.00%, 10/01/51 (Call 10/01/31) |
5,775 | 6,191,893 | ||||||
|
Corona-Norco Unified School District GO, Series A, 5.00%, 08/01/40 (PR 08/01/25) |
1,500 | 1,552,149 | ||||||
|
County of Los Angeles CA, 5.00%, 06/28/24 |
2,780 | 2,821,998 | ||||||
|
County of Riverside CA, 5.00%, 06/28/24 |
3,335 | 3,385,383 | ||||||
|
County of Sacramento CA Airport System Revenue RB |
||||||||
|
Series A, 5.00%, 07/01/41 (Call 07/01/26) |
1,000 | 1,031,281 | ||||||
|
Series B, 5.00%, 07/01/38 (Call 07/01/28) |
1,000 | 1,060,737 | ||||||
|
Series B, 5.00%, 07/01/41 (Call 07/01/26) |
800 | 825,025 | ||||||
|
County of Santa Clara CA GO |
||||||||
|
Series B, 5.00%, 08/01/34 (Call 08/01/32) |
5,890 | 6,914,998 | ||||||
|
Series C, 4.00%, 08/01/38 (Call 08/01/27) |
750 | 753,808 | ||||||
|
Desert Community College District GO |
||||||||
|
4.00%, 08/01/39 (Call 08/01/27) |
500 | 501,530 | ||||||
|
5.00%, 08/01/37 (PR 02/01/26) |
1,000 | 1,049,429 | ||||||
|
Desert Sands Unified School District GO, Series 2014, 4.00%, 08/01/44 (Call 08/01/27) |
1,000 | 970,993 | ||||||
|
East Bay Municipal Utility District Water System Revenue RB |
||||||||
|
5.00%, 06/01/24 |
425 | 430,838 | ||||||
|
Series A, 4.00%, 06/01/45 (Call 06/01/27) |
1,000 | 973,365 | ||||||
|
Series A, 5.00%, 06/01/27 (Call 06/01/25) |
1,005 | 1,040,087 | ||||||
|
Series A, 5.00%, 06/01/28 (Call 06/01/25) |
250 | 259,026 | ||||||
|
Series A, 5.00%, 06/01/29 (Call 06/01/25) |
300 | 310,801 | ||||||
|
Series A, 5.00%, 06/01/35 (Call 06/01/25) |
540 | 556,353 | ||||||
|
Series A, 5.00%, 06/01/37 (Call 06/01/32) |
2,000 | 2,268,797 | ||||||
|
Series A, 5.00%, 06/01/42 (Call 06/01/27) |
1,075 | 1,124,960 | ||||||
|
Series A, 5.00%, 06/01/45 (Call 06/01/27) |
1,000 | 1,043,618 | ||||||
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
Series B, 5.00%, 06/01/24 |
$ | 850 | $ | 861,676 | ||||
|
Series B, 5.00%, 06/01/25 |
325 | 335,711 | ||||||
|
Series B, 5.00%, 06/01/29 (Call 06/01/27) |
2,200 | 2,376,867 | ||||||
|
Series B, 5.00%, 06/01/33 (Call 06/01/27) |
1,000 | 1,080,515 | ||||||
|
Series B, 5.00%, 06/01/34 (Call 06/01/27) |
430 | 464,740 | ||||||
|
Eastern Municipal Water District Financing Authority RB |
||||||||
|
Series A, 4.00%, 07/01/38 (Call 07/01/30) |
2,310 | 2,316,672 | ||||||
|
Series A, 5.00%, 07/01/36 (Call 07/01/30) |
3,000 | 3,357,093 | ||||||
|
Series D, 5.00%, 07/01/47 (Call 07/01/27) |
1,000 | 1,046,557 | ||||||
|
El Camino Community College District Foundation (The) GO |
||||||||
|
0.00%, 08/01/29(a) |
2,110 | 1,722,680 | ||||||
|
Series A, 4.00%, 08/01/45 (Call 08/01/26) |
500 | 486,891 | ||||||
|
Series C, 0.00%, 08/01/32(a) |
700 | 508,132 | ||||||
|
Series C, 0.00%, 08/01/33(a) |
125 | 87,026 | ||||||
|
Series C, 0.00%, 08/01/34(a) |
2,050 | 1,364,976 | ||||||
|
El Dorado Irrigation District RB, Series A, 5.00%, 03/01/34 (PR 03/01/24) (AGM) |
250 | 252,344 | ||||||
|
El Monte Union High School District GO, Series B, 4.00%, 06/01/46 (Call 06/01/27) |
3,950 | 3,775,521 | ||||||
|
Elk Grove Unified School District GO |
||||||||
|
2.00%, 08/01/34 (Call 08/01/30) |
2,515 | 2,066,582 | ||||||
|
Series 2016, 4.00%, 08/01/46 (Call 08/01/26) |
2,855 | 2,750,748 | ||||||
|
Escondido Union High School District GO |
||||||||
|
0.00%, 08/01/37 (AGC)(a) |
190 | 106,678 | ||||||
|
Series C, 0.00%, 08/01/46(a) |
985 | 329,181 | ||||||
|
Series C, 0.00%, 08/01/51(a) |
1,155 | 292,379 | ||||||
|
Foothill-De Anza Community College District GO |
||||||||
|
0.00%, 08/01/36(a) |
950 | 578,788 | ||||||
|
4.00%, 08/01/40 (Call 08/01/26) |
3,985 | 3,944,789 | ||||||
|
Series A, 3.00%, 08/01/40 (Call 08/01/31) |
5,160 | 4,299,780 | ||||||
|
Foothill-Eastern Transportation Corridor Agency RB |
||||||||
|
0.00%, 01/15/33(a) |
750 | 515,561 | ||||||
|
0.00%, 01/15/34 (AGM)(a) |
3,500 | 2,330,753 | ||||||
|
0.00%, 01/15/35 (AGM)(a) |
300 | 189,992 | ||||||
|
Series A, 0.00%, 01/01/25 (ETM)(a) |
880 | 842,765 | ||||||
|
Series A, 0.00%, 01/01/26 (ETM)(a) |
1,165 | 1,080,961 | ||||||
|
Series A, 0.00%, 01/01/28 (ETM)(a) |
440 | 385,883 | ||||||
|
Series A, 0.00%, 01/01/29 (ETM)(a) |
500 | 425,857 | ||||||
|
Series
A, 0.00%, 01/01/30 (ETM) |
320 | 264,461 | ||||||
|
Series A, 0.00%, 01/15/36 (AGM)(a) |
1,490 | 891,414 | ||||||
|
Series A, 0.00%, 01/15/37 (AGM)(a) |
3,000 | 1,679,387 | ||||||
|
Series A, 4.00%, 01/15/46 (Call 01/15/31) |
19,000 | 17,788,305 | ||||||
|
Series A, 5.00%, 01/15/42 (Call 01/15/24) (AGM) |
3,000 | 3,008,442 | ||||||
|
Series A, 6.00%, 01/15/49 (PR 01/15/24) |
2,445 | 2,470,592 | ||||||
|
Series A, 6.00%, 01/15/53 (PR 01/15/24) |
5,745 | 5,805,133 | ||||||
|
Series B-1, VRDN, 3.95%, 01/15/53 (Call 07/15/27)(b) |
1,200 | 1,071,372 | ||||||
|
Fremont Unified School District/Alameda County CA GO, Series A, 4.00%, 08/01/46 (PR 08/01/24) |
1,080 | 1,089,513 | ||||||
|
Fremont Union High School District GO |
||||||||
|
4.00%, 08/01/40 (Call 08/01/24) |
1,950 | 1,942,116 | ||||||
|
4.00%, 08/01/48 (Call 08/01/31) |
4,335 | 4,203,055 | ||||||
|
Series A, 3.00%, 08/01/40 (Call 08/01/29) |
4,000 | 3,322,131 | ||||||
|
Series A, 4.00%, 08/01/46 (Call 08/01/27) |
10,405 | 10,174,216 | ||||||
|
Series A, 5.00%, 08/01/44 (Call 08/01/27) |
1,000 | 1,046,075 | ||||||
|
Glendale Community College District/CA GO, 4.00%, 08/01/50 (Call 08/01/29) |
8,085 | 7,737,053 | ||||||
|
Glendale Unified School District/CA GO, Series B, 4.00%, 09/01/41 (PR 09/01/25) |
350 | 356,374 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
11 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® California Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
Grossmont Union High School District GO, Series 2004, 0.00%, 08/01/24 (NPFGC)(a) |
$ | 140 | $ | 135,495 | ||||
|
Grossmont-Cuyamaca Community College District GO, Series B, 4.00%, 08/01/47 (Call 08/01/28) |
1,000 | 973,625 | ||||||
|
Hayward Area Recreation & Park District GO, Series A, 4.00%, 08/01/46 (Call 08/01/27) |
1,000 | 970,617 | ||||||
|
Hayward Unified School District GO |
||||||||
|
5.00%, 08/01/38 (PR 08/01/24) |
6,000 | 6,097,931 | ||||||
|
Series A, 4.00%, 08/01/48 (Call 08/01/28) (BAM) |
1,000 | 945,893 | ||||||
|
Hillsborough City School District GO |
||||||||
|
0.00%, 09/01/30(a) |
4,995 | 3,926,920 | ||||||
|
0.00%, 09/01/31(a) |
5,075 | 3,873,877 | ||||||
|
Imperial Irrigation District Electric System Revenue RB, Series B-1, 5.00%, 11/01/46 (Call 11/01/26) |
500 | 515,151 | ||||||
|
Irvine Facilities Financing Authority RB |
||||||||
|
4.25%, 05/01/53 (05/01/26) |
1,000 | 992,255 | ||||||
|
5.25%, 05/01/48 (05/01/26) |
1,000 | 1,033,375 | ||||||
|
Irvine Ranch Water District Water Service Corp., 5.25%, 02/01/46 (Call 08/01/26) |
1,000 | 1,044,457 | ||||||
|
Lodi Unified School District/CA GO, 3.00%, 08/01/43 (Call 08/01/27) |
5,465 | 4,324,877 | ||||||
|
Long Beach Community College District GO |
||||||||
|
Series B, 0.00%, 08/01/49 (Call 08/01/42) |
250 | 162,262 | ||||||
|
Series C, 4.00%, 08/01/45 (Call 08/01/28) |
400 | 393,507 | ||||||
|
Series C, 4.00%, 08/01/49 (Call 08/01/28) |
300 | 291,707 | ||||||
|
Long Beach Unified School District GO |
||||||||
|
3.00%, 08/01/47 (Call 08/01/29) |
1,605 | 1,231,775 | ||||||
|
4.00%, 08/01/48 (Call 08/01/33) |
3,910 | 3,761,737 | ||||||
|
4.00%, 08/01/53 (08/01/33) |
2,085 | 1,980,442 | ||||||
|
5.00%, 08/01/25 |
3,200 | 3,311,851 | ||||||
|
5.00%, 08/01/44 (Call 08/01/33) |
1,015 | 1,121,542 | ||||||
|
5.00%, 08/01/45 (08/01/33) |
3,265 | 3,592,719 | ||||||
|
Series B, 3.00%, 08/01/48 (Call 08/01/29) |
3,150 | 2,385,584 | ||||||
|
Series B, 3.00%, 08/01/50 (Call 08/01/29) |
7,320 | 5,395,939 | ||||||
|
Series B, 4.00%, 08/01/45 (Call 08/01/29) |
500 | 486,948 | ||||||
|
Series D-1, 0.00%, 08/01/33 (Call 02/01/25)(a) |
1,750 | 1,168,742 | ||||||
|
Series D-1, 0.00%, 08/01/39 (Call 02/01/25)(a) |
200 | 95,831 | ||||||
|
Los Angeles Community College District/CA GO |
||||||||
|
5.00%, 08/01/25 |
4,420 | 4,587,806 | ||||||
|
5.00%, 08/01/27 |
1,800 | 1,944,610 | ||||||
|
Series A, 4.00%, 08/01/32 (PR 08/01/24) |
1,100 | 1,109,689 | ||||||
|
Series A, 4.00%, 08/01/33 (PR 08/01/24) |
4,000 | 4,035,233 | ||||||
|
Series A, 5.00%, 08/01/25 (PR 08/01/24) |
1,260 | 1,282,265 | ||||||
|
Series A, 5.00%, 08/01/27 (PR 08/01/24) |
235 | 239,153 | ||||||
|
Series A, 5.00%, 08/01/28 (PR 08/01/24) |
470 | 478,305 | ||||||
|
Series A, 5.00%, 08/01/29 (PR 08/01/24) |
4,540 | 4,620,224 | ||||||
|
Series A, 5.00%, 08/01/30 (PR 08/01/24) |
4,765 | 4,849,199 | ||||||
|
Series A, 5.00%, 08/01/31 (PR 08/01/24) |
525 | 534,277 | ||||||
|
Series C, 5.00%, 08/01/25 |
345 | 358,098 | ||||||
|
Series C, 5.00%, 06/01/26 |
2,395 | 2,525,821 | ||||||
|
Series J, 4.00%, 08/01/41 (Call 08/01/27) |
3,445 | 3,400,047 | ||||||
|
Series K, 3.00%, 08/01/39 (Call 08/01/26) |
855 | 721,298 | ||||||
|
Series K, 4.00%, 08/01/34 (Call 08/01/26) |
1,050 | 1,075,565 | ||||||
|
Series K, 4.00%, 08/01/36 (Call 08/01/26) |
2,435 | 2,467,891 | ||||||
|
Series K, 4.00%, 08/01/38 (Call 08/01/26) |
1,460 | 1,464,779 | ||||||
|
Series K, 4.00%, 08/01/39 (Call 08/01/26) |
2,240 | 2,223,066 | ||||||
|
Los Angeles County Facilities Inc. RB |
||||||||
|
Series A, 4.00%, 12/01/48 (Call 12/01/28) |
500 | 484,193 | ||||||
|
Series A, 5.00%, 12/01/43 (Call 12/01/28) |
1,000 | 1,053,312 | ||||||
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
Los
Angeles County Metropolitan Transportation |
||||||||
|
Series A, 4.00%, 06/01/37 (Call 06/01/30) |
$ | 1,250 | $ | 1,287,181 | ||||
|
Series A, 5.00%, 06/01/24 |
1,025 | 1,040,135 | ||||||
|
Series A, 5.00%, 06/01/25 |
4,050 | 4,186,956 | ||||||
|
Series A, 5.00%, 06/01/27 |
360 | 388,168 | ||||||
|
Series A, 5.00%, 06/01/28 |
1,230 | 1,355,040 | ||||||
|
Series A, 5.00%, 07/01/28 (Call 07/01/27) |
265 | 286,267 | ||||||
|
Series A, 5.00%, 06/01/30 |
3,950 | 4,516,190 | ||||||
|
Series A, 5.00%, 06/01/31 (Call 06/01/30) |
2,030 | 2,315,988 | ||||||
|
Series A, 5.00%, 06/01/32 (Call 06/01/30) |
2,500 | 2,847,968 | ||||||
|
Series A, 5.00%, 06/01/33 (Call 06/01/30) |
3,020 | 3,440,838 | ||||||
|
Series A, 5.00%, 06/01/33 (Call 06/01/31) |
2,020 | 2,332,989 | ||||||
|
Series A, 5.00%, 06/01/34 (Call 06/01/27) |
1,000 | 1,076,541 | ||||||
|
Series A, 5.00%, 07/01/37 (Call 07/01/27) |
1,000 | 1,063,344 | ||||||
|
Series A, 5.00%, 07/01/38 (Call 07/01/27) |
1,390 | 1,471,382 | ||||||
|
Series A, 5.00%, 07/01/39 (Call 07/01/27) |
2,890 | 3,051,179 | ||||||
|
Series A, 5.00%, 07/01/39 (Call 07/01/31) |
1,500 | 1,669,079 | ||||||
|
Series A, 5.00%, 07/01/40 (Call 07/01/27) |
2,175 | 2,288,295 | ||||||
|
Series A, 5.00%, 07/01/42 (Call 07/01/27) |
2,400 | 2,516,115 | ||||||
|
Los Angeles County Metropolitan Transportation |
||||||||
|
Authority Sales Tax Revenue RB |
||||||||
|
5.00%, 07/01/30 |
2,000 | 2,290,090 | ||||||
|
5.00%, 07/01/32 |
2,000 | 2,362,583 | ||||||
|
5.00%, 07/01/33 |
500 | 598,737 | ||||||
|
5.00%, 07/01/34 (Call 07/01/33) |
2,000 | 2,381,977 | ||||||
|
5.00%, 07/01/43 (07/01/31) |
4,910 | 5,384,857 | ||||||
|
5.00%, 07/01/45 (07/01/31) |
1,075 | 1,173,676 | ||||||
|
Los Angeles County Public Works Financing |
||||||||
|
Authority RB |
||||||||
|
4.00%, 12/01/46 (Call 12/01/31) |
2,000 | 1,952,784 | ||||||
|
Series A, 5.00%, 12/01/39 (Call 12/01/24) |
500 | 507,210 | ||||||
|
Series D, 4.00%, 12/01/40 (Call 12/01/25) |
1,895 | 1,894,810 | ||||||
|
Series D, 5.00%, 12/01/45 (Call 12/01/25) |
535 | 548,248 | ||||||
|
Series E-1, 5.00%, 12/01/44 (Call 12/01/29) |
1,000 | 1,070,566 | ||||||
|
Los Angeles County Sanitation Districts Financing |
||||||||
|
Authority RB |
||||||||
|
Series A, 4.00%, 10/01/42 (Call 10/01/26) |
4,275 | 4,050,717 | ||||||
|
Series A, 5.00%, 10/01/34 (Call 10/01/25) |
500 | 518,342 | ||||||
|
Los Angeles Department of Water & Power Power |
||||||||
|
System Revenue RB |
||||||||
|
Series A, 5.00%, 07/01/28 (Call 01/01/28) |
975 | 1,065,038 | ||||||
|
Series A, 5.00%, 07/01/30 (Call 01/01/25) |
1,000 | 1,024,574 | ||||||
|
Series A, 5.00%, 07/01/32 (Call 01/01/25) |
855 | 876,014 | ||||||
|
Series A, 5.00%, 07/01/45 (Call 01/01/29) |
1,510 | 1,592,753 | ||||||
|
Series B, 5.00%, 07/01/25 (Call 06/01/25) |
1,495 | 1,544,678 | ||||||
|
Series B, 5.00%, 07/01/32 (Call 01/01/29) |
1,760 | 1,948,602 | ||||||
|
Series C, 5.00%, 07/01/49 (Call 07/01/29) |
2,455 | 2,585,944 | ||||||
|
Los Angeles Department of Water & Power RB |
||||||||
|
5.00%, 07/01/40 (Call 01/01/32) |
2,000 | 2,235,310 | ||||||
|
5.00%, 07/01/42 (Call 01/01/32) |
4,665 | 5,127,385 | ||||||
|
5.00%, 07/01/51 (Call 07/01/31) |
2,575 | 2,747,562 | ||||||
|
Series A, 5.00%, 07/01/26 |
3,645 | 3,851,175 | ||||||
|
Series B, 5.00%, 07/01/39 (Call 07/01/30) |
2,350 | 2,593,771 | ||||||
|
Series B, 5.00%, 07/01/40 (Call 07/01/30) |
1,500 | 1,648,016 | ||||||
|
Series D, 5.00%, 07/01/32 (Call 07/01/29) |
1,000 | 1,116,435 | ||||||
|
Series D, 5.00%, 07/01/37 (Call 07/01/29) |
3,865 | 4,215,853 | ||||||
|
Series D, 5.00%, 07/01/49 (Call 07/01/29) |
1,500 | 1,580,007 | ||||||
| 12 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® California Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
Los Angeles Department of Water & Power System Revenue RB |
||||||||
|
Series A, 5.00%, 07/01/34 (Call 01/01/25) |
$ | 625 | $ | 640,126 | ||||
|
Series A, 5.00%, 07/01/42 (Call 01/01/27) |
695 | 723,596 | ||||||
|
Series B, 5.00%, 07/01/26 (Call 06/01/26) |
2,075 | 2,189,304 | ||||||
|
Los Angeles Department of Water & Power Water System Revenue |
||||||||
|
5.00%, 07/01/49 (Call 07/01/33) |
1,000 | 1,086,712 | ||||||
|
5.25%, 07/01/53 (Call 07/01/33) |
1,000 | 1,108,333 | ||||||
|
Los Angeles Department of Water & Power Water System Revenue RB |
||||||||
|
5.00%, 07/01/25 |
2,000 | 2,069,570 | ||||||
|
5.00%, 07/01/34 (Call 07/01/33) |
1,000 | 1,188,148 | ||||||
|
5.00%, 07/01/35 (Call 01/01/26) |
2,830 | 2,951,360 | ||||||
|
5.00%, 07/01/40 (Call 07/01/32) |
5,350 | 6,029,410 | ||||||
|
5.00%, 07/01/42 (Call 01/01/32) |
1,255 | 1,383,186 | ||||||
|
5.00%, 07/01/42 (Call 07/01/32) |
5,165 | 5,719,587 | ||||||
|
5.00%, 07/01/47 (Call 07/01/32) |
4,000 | 4,328,177 | ||||||
|
5.00%, 07/01/52 (Call 01/01/32) |
1,000 | 1,071,194 | ||||||
|
5.00%, 07/01/52 (Call 07/01/32) |
12,000 | 12,897,301 | ||||||
|
Series A, 5.00%, 07/01/38 (Call 01/01/26) |
1,330 | 1,376,100 | ||||||
|
Series A, 5.00%, 07/01/41 (Call 01/01/27) |
2,000 | 2,089,497 | ||||||
|
Series A, 5.00%, 07/01/44 (Call 01/01/27) |
2,000 | 2,077,515 | ||||||
|
Series A, 5.00%, 07/01/46 (Call 01/01/26) |
5,000 | 5,119,762 | ||||||
|
Series A, 5.00%, 07/01/48 (Call 01/01/28) |
1,000 | 1,043,064 | ||||||
|
Series A, 5.00%, 07/01/50 (Call 07/01/30) |
1,000 | 1,062,870 | ||||||
|
Series A-1, VRDN, 2.56%, 07/01/49 (Put 09/01/23)(b) |
12,100 | 12,100,000 | ||||||
|
Series B, 4.00%, 07/01/27 |
415 | 433,198 | ||||||
|
Series B, 5.00%, 01/01/24 (Call 12/01/23) |
330 | 331,460 | ||||||
|
Series B, 5.00%, 07/01/43 (Call 07/01/28) |
2,425 | 2,565,183 | ||||||
|
Series B, 5.00%, 07/01/46 (Call 01/01/26) |
250 | 255,988 | ||||||
|
Series B, 5.00%, 07/01/48 (Call 07/01/28) |
4,025 | 4,216,600 | ||||||
|
Series C, 5.00%, 07/01/25 (Call 07/01/24) |
3,930 | 3,992,518 | ||||||
|
Series C, 5.00%, 07/01/36 (Call 07/01/30) |
2,500 | 2,805,759 | ||||||
|
Los Angeles Department of Water & Power, RB |
||||||||
|
Series A, 5.00%, 07/01/28 (Call 01/01/25) |
1,325 | 1,359,945 | ||||||
|
Series A, 5.00%, 07/01/46 (Call 01/01/26) |
1,000 | 1,023,952 | ||||||
|
Series A, 5.00%, 07/01/47 (Call 01/01/27) |
1,000 | 1,035,123 | ||||||
|
Series B, 5.00%, 07/01/42 (Call 01/01/26) |
2,230 | 2,295,260 | ||||||
|
Series B, 5.00%, 07/01/43 (Call 01/01/24) |
940 | 943,507 | ||||||
|
Series C, 5.00%, 07/01/26 (Call 07/01/24) |
2,000 | 2,029,766 | ||||||
|
Series C, 5.00%, 07/01/47 (Call 07/01/27) |
1,000 | 1,040,041 | ||||||
|
Series D, 5.00%, 07/01/35 (Call 07/01/24) |
1,550 | 1,569,153 | ||||||
|
Series D, 5.00%, 07/01/39 (Call 07/01/24) |
3,700 | 3,737,610 | ||||||
|
Series D, 5.00%, 07/01/44 (Call 07/01/24) |
500 | 504,475 | ||||||
|
Series E, 5.00%, 07/01/44 (Call 07/01/24) |
500 | 504,475 | ||||||
|
Los Angeles Unified School District/CA COP |
||||||||
|
5.00%, 10/01/27 |
1,000 | 1,071,438 | ||||||
|
5.00%, 10/01/30 |
2,000 | 2,230,658 | ||||||
|
Los Angeles Unified School District/CA GO |
||||||||
|
4.00%, 07/01/32 (Call 01/01/31) |
440 | 471,000 | ||||||
|
5.00%, 07/01/25 |
2,000 | 2,069,570 | ||||||
|
5.00%, 07/01/26 |
750 | 793,259 | ||||||
|
5.00%, 07/01/27 |
2,320 | 2,501,795 | ||||||
|
5.00%, 07/01/28 |
645 | 711,224 | ||||||
|
5.00%, 07/01/28 (Call 07/01/24) |
1,155 | 1,170,965 | ||||||
|
5.00%, 07/01/29 |
1,000 | 1,122,855 | ||||||
|
5.00%, 07/01/30 |
1,075 | 1,225,885 | ||||||
|
5.00%, 07/01/36 (Call 01/01/33) |
1,000 | 1,150,729 | ||||||
|
5.00%, 07/01/39 (Call 01/01/33) |
1,405 | 1,575,173 | ||||||
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
5.25%, 07/01/47 (Call 01/01/33) |
$ | 750 | $ | 827,125 | ||||
|
Series A, 5.00%, 07/01/24 |
9,325 | 9,471,404 | ||||||
|
Series A, 5.00%, 07/01/25 |
5,345 | 5,530,926 | ||||||
|
Series A, 5.00%, 07/01/26 |
6,125 | 6,478,278 | ||||||
|
Series A, 5.00%, 07/01/27 |
4,670 | 5,035,941 | ||||||
|
Series A, 5.00%, 07/01/28 |
2,785 | 3,070,946 | ||||||
|
Series A, 5.00%, 07/01/29 |
1,850 | 2,077,281 | ||||||
|
Series A, 5.00%, 07/01/29 (Call 07/01/25) |
1,000 | 1,035,896 | ||||||
|
Series A, 5.00%, 07/01/31 (Call 07/01/29) |
1,000 | 1,120,819 | ||||||
|
Series A, 5.00%, 07/01/40 (Call 07/01/25) |
4,000 | 4,090,033 | ||||||
|
Series B, 5.00%, 07/01/30 (Call 07/01/26) |
1,000 | 1,054,927 | ||||||
|
Series B1, 5.00%, 07/01/28 (Call 01/01/28) |
1,455 | 1,586,261 | ||||||
|
Series B-1, 4.00%, 07/01/24 |
740 | 745,660 | ||||||
|
Series B-1, 5.00%, 07/01/30 (Call 01/01/28) |
505 | 551,299 | ||||||
|
Series B-1, 5.00%, 07/01/31 (Call 01/01/28) |
500 | 545,745 | ||||||
|
Series B-1, 5.00%, 07/01/33 (Call 01/01/28) |
2,000 | 2,180,915 | ||||||
|
Series B-1, 5.00%, 07/01/37 (Call 01/01/28) |
1,000 | 1,072,330 | ||||||
|
Series B-1, 5.25%, 07/01/42 (Call 01/01/28) |
3,075 | 3,286,231 | ||||||
|
Series C, 3.00%, 07/01/38 (Call 07/01/30) |
1,000 | 851,481 | ||||||
|
Series C, 4.00%, 07/01/31 (Call 07/01/30) |
1,000 | 1,073,585 | ||||||
|
Series C, 4.00%, 07/01/39 (Call 07/01/30) |
2,620 | 2,648,339 | ||||||
|
Series C, 4.00%, 07/01/44 (Call 07/01/30) |
8,695 | 8,565,618 | ||||||
|
Series C, 5.00%, 07/01/24 |
1,010 | 1,025,857 | ||||||
|
Series C, 5.00%, 07/01/26 (Call 07/01/24) |
460 | 466,658 | ||||||
|
Series C, 5.00%, 07/01/27 (Call 07/01/24) |
1,800 | 1,824,880 | ||||||
|
Series C, 5.00%, 07/01/30 (Call 07/01/24) |
750 | 760,061 | ||||||
|
Series RYQ, 4.00%, 07/01/37 (Call 07/01/30) |
3,500 | 3,574,877 | ||||||
|
Series RYQ, 4.00%, 07/01/40 (Call 07/01/30) |
200 | 199,872 | ||||||
|
Series RYQ, 5.00%, 07/01/28 |
1,145 | 1,262,561 | ||||||
|
Los Rios Community College District GO, Series E, 3.00%, 08/01/24 |
600 | 596,448 | ||||||
|
Manhattan Beach Unified School District GO, 4.00%, 09/01/46 (Call 09/01/28) |
5,000 | 4,938,440 | ||||||
|
Marin Community College District GO, Series B, 4.00%, 08/01/40 (PR 02/01/27) |
2,400 | 2,495,745 | ||||||
|
Mendocino-Lake Community College District GO |
||||||||
|
0.00%, 08/01/51 (PR 08/01/25) (BAM)(a) |
7,000 | 1,704,442 | ||||||
|
Series B, 0.00%, 08/01/51 (AGM)(a) |
250 | 62,495 | ||||||
|
Menlo Park City School District GO, Series 2006, 0.00%, 07/01/44 (Call 07/01/32) |
435 | 407,290 | ||||||
|
Mesa
Water District COP, 5.00%, 03/15/50 |
4,380 | 4,630,737 | ||||||
|
Metropolitan Water District of Southern California RB |
||||||||
|
5.00%, 10/01/27 |
175 | 190,154 | ||||||
|
5.00%, 10/01/29 |
2,000 | 2,251,007 | ||||||
|
5.00%, 10/01/31 |
2,000 | 2,326,233 | ||||||
|
5.00%, 10/01/33 (Call 10/01/32) |
1,000 | 1,180,285 | ||||||
|
5.00%, 07/01/37 (Call 01/01/29) |
1,000 | 1,088,731 | ||||||
|
5.00%, 07/01/38 (Call 01/01/29) |
655 | 709,452 | ||||||
|
5.00%, 10/01/39 (Call 04/01/31) |
1,680 | 1,862,231 | ||||||
|
5.00%, 04/01/48 (04/01/33) |
6,500 | 7,104,572 | ||||||
|
Series A, 2.50%, 07/01/26 |
230 | 222,303 | ||||||
|
Series A, 5.00%, 07/01/25 |
125 | 129,416 | ||||||
|
Series A, 5.00%, 07/01/26 |
1,060 | 1,120,548 | ||||||
|
Series A, 5.00%, 07/01/27 |
790 | 851,904 | ||||||
|
Series A, 5.00%, 07/01/30 (PR 01/01/26) |
1,000 | 1,045,869 | ||||||
|
Series A, 5.00%, 07/01/31 (Call 01/01/29) |
1,100 | 1,226,625 | ||||||
|
Series A, 5.00%, 07/01/34 (Call 01/01/29) |
2,020 | 2,243,977 | ||||||
|
Series A, 5.00%, 07/01/40 (PR 07/01/25) |
1,525 | 1,581,072 | ||||||
|
Series A, 5.00%, 10/01/49 (Call 10/01/29) |
7,915 | 8,421,941 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
13 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® California Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
Series B, 5.00%, 08/01/24 (Call 07/01/24) |
$ | 1,080 | $ | 1,096,890 | ||||
|
Series C, 5.00%, 10/01/27 |
980 | 1,064,862 | ||||||
|
Miracosta Community College District GO, Series B, 4.00%, 08/01/45 (Call 08/01/30) |
3,000 | 2,942,800 | ||||||
|
Moreno Valley Unified School District/CA GO, 5.00%, 08/01/44 (PR 08/01/25) (AGM) |
10,000 | 10,357,054 | ||||||
|
Mount Diablo Unified School District/CA GO, Series A, 5.75%, 08/01/35 (Call 08/01/25) (AGM) |
400 | 419,126 | ||||||
|
Mount San Antonio Community College District GO |
||||||||
|
Series A, 0.00%, 08/01/43 (Call 08/01/35) |
2,235 | 2,026,864 | ||||||
|
Series A, 4.00%, 08/01/49 (Call 08/01/29) |
8,750 | 8,521,654 | ||||||
|
Series A, 5.88%, 08/01/28 (Call 02/01/28) |
1,000 | 1,127,224 | ||||||
|
Mountain View-Whisman School District GO, Series B, 4.00%, 09/01/42 (PR 09/01/26) |
250 | 257,657 | ||||||
|
Municipal Improvement Corp. of Los Angeles RB |
||||||||
|
Series B, 5.00%, 11/01/29 (Call 11/01/26) |
1,340 | 1,420,244 | ||||||
|
Series B, 5.00%, 11/01/30 (Call 11/01/26) |
500 | 530,178 | ||||||
|
Series B, 5.00%, 11/01/32 (Call 11/01/26) |
1,055 | 1,116,580 | ||||||
|
Newport Mesa Unified School District GO |
||||||||
|
0.00%, 08/01/35(a) |
2,000 | 1,294,891 | ||||||
|
0.00%, 08/01/44 (Call 08/01/27)(a) |
1,000 | 390,639 | ||||||
|
Series 2005, 0.00%, 08/01/34(a) |
1,715 | 1,167,892 | ||||||
|
Series 2005, 0.00%, 08/01/36(a) |
2,625 | 1,609,438 | ||||||
|
Series 2005, 0.00%, 08/01/38(a) |
500 | 273,716 | ||||||
|
Norman Y Mineta San Jose International Airport SJC RB, Series B, 5.00%, 03/01/47 (Call 03/01/27) |
2,000 | 2,062,729 | ||||||
|
North Orange County Community College District/CA GO |
||||||||
|
4.00%, 08/01/43 (Call 08/01/32) |
2,100 | 2,073,424 | ||||||
|
4.00%, 08/01/44 (Call 08/01/32) |
2,625 | 2,584,752 | ||||||
|
Series B, 4.00%, 08/01/44 (Call 08/01/29) |
6,500 | 6,400,339 | ||||||
|
Ohlone Community College District GO, Series C, 4.00%, 08/01/45 (Call 08/01/26) |
1,250 | 1,217,228 | ||||||
|
Orange County Local Transportation Authority RB |
||||||||
|
5.00%, 02/15/25 |
1,110 | 1,139,110 | ||||||
|
5.00%, 02/15/30 (Call 02/15/29) |
500 | 558,661 | ||||||
|
5.00%, 02/15/41 (Call 02/15/29) |
1,500 | 1,614,035 | ||||||
|
Orange County Sanitation District COP, 5.00%, 02/01/33 (Call 02/01/31) |
1,000 | 1,151,519 | ||||||
|
Orange County Sanitation District RB, 5.00%, 02/01/26 |
2,005 | 2,100,291 | ||||||
|
Orange County Water District RB |
||||||||
|
Series A, 4.00%, 08/15/41 (Call 02/15/27) |
1,255 | 1,238,230 | ||||||
|
Series C, 5.00%, 08/15/25 |
175 | 181,451 | ||||||
|
Palomar Community College District, 5.00%, 08/01/44 (PR 08/01/25) |
5,000 | 5,187,941 | ||||||
|
Palomar Community College District GO |
||||||||
|
4.00%, 08/01/45 (Call 08/01/27) |
1,615 | 1,561,581 | ||||||
|
Series C, 4.00%, 08/01/40 (PR 08/01/25) |
250 | 254,799 | ||||||
|
Series D, 4.00%, 08/01/46 (Call 08/01/27) |
1,070 | 1,030,928 | ||||||
|
Peninsula Corridor Joint Powers Board/CA RB, 5.00%, 06/01/47 (Call 06/01/31) |
2,025 | 2,172,626 | ||||||
|
Placentia-Yorba Linda Unified School District GO |
||||||||
|
Series D, 0.00%, 08/01/40(a) |
500 | 234,666 | ||||||
|
Series D, 0.00%, 08/01/42(a) |
200 | 83,080 | ||||||
|
Series D, 0.00%, 08/01/46(a) |
1,300 | 432,668 | ||||||
|
Port of Los Angeles RB |
||||||||
|
Series B, 5.00%, 08/01/26 |
2,030 | 2,149,982 | ||||||
|
Series B, 5.00%, 08/01/44 (Call 08/01/24) |
1,100 | 1,108,291 | ||||||
|
Series C, 4.00%, 08/01/39 (Call 08/01/26) |
1,000 | 986,673 | ||||||
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
Poway Unified School District GO |
||||||||
|
0.00%, 08/01/27(a) |
$ | 2,500 | $ | 2,193,021 | ||||
|
0.00%, 08/01/33(a) |
250 | 174,240 | ||||||
|
0.00%, 08/01/35(a) |
500 | 316,275 | ||||||
|
0.00%, 08/01/36(a) |
1,000 | 597,788 | ||||||
|
0.00%, 08/01/38(a) |
755 | 401,319 | ||||||
|
0.00%, 08/01/46(a) |
4,445 | 1,453,079 | ||||||
|
Series A, 0.00%, 08/01/31(a) |
790 | 597,983 | ||||||
|
Series A, 0.00%, 08/01/32(a) |
450 | 326,926 | ||||||
|
Series B, 0.00%, 08/01/34(a) |
7,165 | 4,778,379 | ||||||
|
Rio Hondo Community College District/CA GO, Series C, 0.00%, 08/01/42 (Call 08/01/34) |
4,170 | 4,828,007 | ||||||
|
Riverside County Public Financing Authority RB, Series B, 5.25%, 11/01/45 (PR 11/01/25) |
500 | 523,669 | ||||||
|
Riverside County Transportation Commission RB |
||||||||
|
4.00%, 06/01/38 (Call 06/01/31) |
2,965 | 2,876,355 | ||||||
|
5.00%, 06/01/25 |
420 | 433,120 | ||||||
|
Series A, 5.00%, 06/01/39 (Call 06/01/27) |
410 | 429,833 | ||||||
|
Series B, 0.00%, 06/01/41(a) |
2,500 | 1,035,996 | ||||||
|
Series B, 5.00%, 06/01/24 |
685 | 694,007 | ||||||
|
Series B, 5.00%, 06/01/32 (Call 12/01/27) |
310 | 335,720 | ||||||
|
Series B, 5.00%, 06/01/37 (Call 12/01/27) |
1,020 | 1,086,255 | ||||||
|
Series B, 5.00%, 06/01/38 (Call 12/01/27) |
1,520 | 1,608,055 | ||||||
|
Series B, 5.00%, 06/01/39 (Call 12/01/27) |
1,000 | 1,054,372 | ||||||
|
Series B1, 3.00%, 06/01/49 (Call 06/01/31) |
2,000 | 1,436,577 | ||||||
|
Series B1, 4.00%, 06/01/37 (Call 06/01/31) |
2,384 | 2,348,575 | ||||||
|
Series B1, 4.00%, 06/01/39 (Call 06/01/31) |
4,025 | 3,865,458 | ||||||
|
Series B1, 4.00%, 06/01/40 (Call 06/01/31) |
1,100 | 1,045,995 | ||||||
|
Series B1, 4.00%, 06/01/46 (Call 06/01/31) |
6,020 | 5,591,522 | ||||||
|
Riverside County Transportation Commission Sales Tax Revenue RB |
||||||||
|
5.00%, 06/01/30 (Call 12/01/27) |
2,500 | 2,710,550 | ||||||
|
Series B, 5.00%, 06/01/29 (Call 12/01/27) |
1,500 | 1,626,116 | ||||||
|
Riverside Unified School District GO, Series B, 4.00%, 08/01/42 (Call 08/01/27) |
1,000 | 978,532 | ||||||
|
Sacramento Area Flood Control Agency SA, Series A, 5.00%, 10/01/47 (Call 10/01/26) |
1,000 | 1,032,432 | ||||||
|
Sacramento City Financing Authority RB, Series E, 5.25%, 12/01/30 (AMBAC) |
650 | 726,147 | ||||||
|
Sacramento County Sanitation Districts Financing Authority RB |
||||||||
|
5.00%, 12/01/33 (Call 12/01/31) |
1,270 | 1,479,341 | ||||||
|
Series A, 5.00%, 12/01/27 |
750 | 815,624 | ||||||
|
Series A, 5.00%, 12/01/41 (Call 12/01/30) |
2,520 | 2,732,262 | ||||||
|
Series A, 5.00%, 12/01/44 (Call 06/01/24) |
1,000 | 1,008,031 | ||||||
|
Series A, 5.00%, 12/01/50 (Call 12/01/30) |
4,105 | 4,372,475 | ||||||
|
Sacramento Municipal Utility District RB |
||||||||
|
5.00%, 08/15/25 |
750 | 778,657 | ||||||
|
5.00%, 08/15/26 |
265 | 280,450 | ||||||
|
5.00%, 08/15/44 (08/15/33) |
1,785 | 1,976,127 | ||||||
|
5.00%, 08/15/53 (08/15/33) |
2,000 | 2,183,247 | ||||||
|
Series
B, VRDN, 5.00%, 08/15/49 |
1,635 | 1,671,905 | ||||||
|
Series E, 5.00%, 08/15/24 |
505 | 514,174 | ||||||
|
Series E, 5.00%, 08/15/25 |
805 | 835,758 | ||||||
|
Series G, 5.00%, 08/15/30 (Call 08/15/29) |
1,000 | 1,125,671 | ||||||
|
Series H, 4.00%, 08/15/45 (Call 08/15/30) |
3,375 | 3,314,770 | ||||||
|
Series H, 5.00%, 08/15/50 (Call 08/15/30) |
3,340 | 3,573,928 | ||||||
|
Series I, 5.00%, 08/15/27 |
1,000 | 1,082,440 | ||||||
|
Series K, 5.25%, 07/01/24 (AMBAC) |
70 | 71,251 | ||||||
| 14 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® California Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
Sacramento Transportation Authority Sales Tax Revenue RB |
||||||||
|
5.00%, 10/01/28 |
$ | 1,500 | $ | 1,666,027 | ||||
|
5.00%, 10/01/29 |
2,000 | 2,259,148 | ||||||
|
5.00%, 10/01/33 |
2,000 | 2,381,209 | ||||||
|
5.00%, 10/01/38 (10/01/33) |
2,000 | 2,282,721 | ||||||
|
San Bernardino Community College District GO, Series A, 4.00%, 08/01/44 (Call 08/16/27) |
500 | 521,612 | ||||||
|
San Diego Association of Governments RB |
||||||||
|
5.00%, 11/15/24 (Call 11/15/23) |
1,500 | 1,505,001 | ||||||
|
5.00%, 11/15/26 (Call 11/15/25) |
2,350 | 2,442,992 | ||||||
|
San Diego Association of Governments South Bay Expressway Revenue RB, Series A, 5.00%, 07/01/42 (Call 07/01/27) |
3,000 | 3,097,690 | ||||||
|
San Diego Community College District GO |
||||||||
|
4.00%, 08/01/32 (PR 08/01/26) |
500 | 516,840 | ||||||
|
4.00%, 08/01/41 (PR 08/01/26) |
3,500 | 3,617,882 | ||||||
|
5.00%, 08/01/24 |
500 | 508,475 | ||||||
|
5.00%, 08/01/27 (Call 08/01/26) |
555 | 588,347 | ||||||
|
5.00%, 08/01/28 (Call 08/01/26) |
1,450 | 1,538,153 | ||||||
|
5.00%, 08/01/30 (PR 08/01/26) |
650 | 689,911 | ||||||
|
5.00%, 08/01/31 (PR 08/01/26) |
2,035 | 2,159,952 | ||||||
|
5.00%, 08/01/41 (PR 08/01/26) |
2,000 | 2,122,803 | ||||||
|
San Diego County Regional Airport Authority RB |
||||||||
|
Series A, 4.00%, 07/01/46 (Call 07/01/31) |
2,000 | 1,915,185 | ||||||
|
Series A, 5.00%, 07/01/35 (Call 07/01/29) |
1,500 | 1,641,300 | ||||||
|
Series A, 5.00%, 07/01/39 (Call 07/01/29) |
2,000 | 2,133,886 | ||||||
|
Series A, 5.00%, 07/01/42 (Call 07/01/27) |
1,000 | 1,039,380 | ||||||
|
Series A, 5.00%, 07/01/44 (Call 07/01/29) |
400 | 421,786 | ||||||
|
Series A, 5.00%, 07/01/49 (Call 07/01/29) |
400 | 419,157 | ||||||
|
Series A, 5.00%, 07/01/51 (Call 07/01/31) |
2,000 | 2,117,175 | ||||||
|
Series A, 5.00%, 07/01/56 (Call 07/01/31) |
2,000 | 2,105,569 | ||||||
|
San Diego County Regional Transportation Commission RB |
||||||||
|
5.00%, 04/01/30 |
1,375 | 1,558,566 | ||||||
|
5.00%, 04/01/35 (04/01/33) |
1,500 | 1,784,179 | ||||||
|
Series A, 4.00%, 04/01/48 (Call 04/01/30) |
2,500 | 2,423,588 | ||||||
|
Series A, 5.00%, 04/01/41 (Call 04/01/26) |
2,000 | 2,082,065 | ||||||
|
Series A, 5.00%, 04/01/48 (Call 04/01/26) |
2,115 | 2,191,566 | ||||||
|
Series A, 5.00%, 04/01/48 (PR 04/01/24) |
2,710 | 2,741,062 | ||||||
|
Series B, 5.00%, 04/01/48 (Call 04/01/31) |
4,380 | 4,716,813 | ||||||
|
San Diego County Water Authority RB |
||||||||
|
Series A, 5.00%, 05/01/47 (Call 05/01/32) |
2,000 | 2,166,436 | ||||||
|
Series A, 5.00%, 05/01/52 (Call 05/01/32) |
1,570 | 1,691,739 | ||||||
|
Series B, 4.00%, 05/01/38 (Call 05/01/31) |
2,500 | 2,560,272 | ||||||
|
Series S1, 5.00%, 05/01/28 (Call 03/15/28) |
4,730 | 5,201,555 | ||||||
|
San Diego Public Facilities Financing Authority RB |
||||||||
|
4.00%, 08/01/52 (Call 08/01/33) |
1,730 | 1,645,466 | ||||||
|
5.00%, 05/15/24 |
570 | 577,518 | ||||||
|
5.00%, 05/15/25 |
1,000 | 1,032,756 | ||||||
|
5.25%, 08/01/48 (Call 08/01/33) |
9,080 | 10,079,019 | ||||||
|
Series A, 5.00%, 05/15/29 (Call 05/15/26) |
500 | 529,047 | ||||||
|
Series A, 5.00%, 08/01/43 (Call 08/01/28) |
500 | 531,377 | ||||||
|
Series A, 5.00%, 10/15/44 (Call 10/15/25) |
1,000 | 1,023,151 | ||||||
|
Series B, 5.00%, 08/01/24 |
1,000 | 1,015,694 | ||||||
|
Series B, 5.00%, 08/01/25 |
310 | 321,010 | ||||||
|
Series B, 5.00%, 08/01/27 (Call 08/01/26) |
1,500 | 1,589,334 | ||||||
|
San Diego Unified School District/CA, 5.00%, 06/28/24 |
1,500 | 1,522,165 | ||||||
|
San Diego Unified School District/CA GO |
||||||||
|
3.00%, 07/01/37 (Call 07/01/30) |
2,400 | 2,086,956 | ||||||
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
4.00%, 07/01/51 (Call 07/01/31) |
$ | 2,300 | $ | 2,194,578 | ||||
|
5.00%, 07/01/24 |
2,665 | 2,708,148 | ||||||
|
6.00%, 07/01/33 (PR 07/01/24) |
3,000 | 3,070,513 | ||||||
|
Series C, 0.00%, 07/01/30(a) |
840 | 662,866 | ||||||
|
Series C, 0.00%, 07/01/35(a) |
300 | 190,606 | ||||||
|
Series C, 0.00%, 07/01/36(a) |
1,240 | 746,715 | ||||||
|
Series C, 0.00%, 07/01/38(a) |
1,930 | 1,040,253 | ||||||
|
Series C, 0.00%, 07/01/39(a) |
1,100 | 560,097 | ||||||
|
Series C, 0.00%, 07/01/42(a) |
215 | 93,080 | ||||||
|
Series C, 0.00%, 07/01/45(a) |
2,780 | 1,024,634 | ||||||
|
Series C, 0.00%, 07/01/46(a) |
500 | 174,435 | ||||||
|
Series C, 0.00%, 07/01/47(a) |
1,100 | 364,567 | ||||||
|
Series C, 0.00%, 07/01/47 (Call 07/01/40) |
780 | 657,648 | ||||||
|
Series C, 0.00%, 07/01/48 (Call 07/01/40) |
1,100 | 924,488 | ||||||
|
Series D-2, 3.00%, 07/01/39 (Call 07/01/30) |
1,030 | 863,791 | ||||||
|
Series D-2, 4.00%, 07/01/50 (Call 07/01/30) |
5,085 | 4,867,409 | ||||||
|
Series E, 0.00%, 07/01/32(a) |
3,440 | 2,512,313 | ||||||
|
Series E, 0.00%, 07/01/42 |
1,340 | 937,396 | ||||||
|
Series E, 0.00%, 07/01/47 (Call 07/01/42) |
3,025 | 2,109,055 | ||||||
|
Series E, 0.00%, 07/01/49(a) |
4,000 | 1,197,071 | ||||||
|
Series F, 5.00%, 07/01/40 (Call 07/01/25) |
2,365 | 2,418,232 | ||||||
|
Series G, 0.00%, 07/01/38 (PR 01/01/24)(a) |
1,000 | 445,605 | ||||||
|
Series I, 4.00%, 07/01/47 (Call 07/01/27) |
2,000 | 1,918,727 | ||||||
|
Series I, 5.00%, 07/01/41 (Call 07/01/27) |
1,000 | 1,047,767 | ||||||
|
Series L, 4.00%, 07/01/44 (Call 07/01/29) |
2,015 | 1,968,455 | ||||||
|
Series L, 4.00%, 07/01/49 (Call 07/01/29) |
1,000 | 958,863 | ||||||
|
Series M-2, 3.00%, 07/01/50 (Call 07/01/30) |
4,200 | 3,097,964 | ||||||
|
Series M-2, 4.00%, 07/01/50 (Call 07/01/30) |
5,000 | 4,786,046 | ||||||
|
Series N-2, 3.00%, 07/01/46 (Call 07/01/31) |
3,000 | 2,293,705 | ||||||
|
Series N-2, 4.00%, 07/01/46 (Call 07/01/31) |
6,195 | 6,006,440 | ||||||
|
Series R-1, 0.00%, 07/01/31(a) |
1,820 | 1,382,810 | ||||||
|
Series R-2, 0.00%, 07/01/40 |
800 | 699,807 | ||||||
|
Series R-2, 0.00%, 07/01/41 (Call 07/01/40) |
450 | 390,821 | ||||||
|
Series R-4, 5.00%, 07/01/24 |
325 | 329,970 | ||||||
|
Series R-4, 5.00%, 07/01/27 (Call 07/01/25) |
350 | 362,475 | ||||||
|
Series R-4, 5.00%, 07/01/28 (Call 07/01/25) |
180 | 186,368 | ||||||
|
Series R-5, 5.00%, 07/01/29 (Call 07/01/26) |
960 | 1,017,171 | ||||||
|
Series SR-1, 4.00%, 07/01/31 (Call 07/01/26) |
500 | 511,961 | ||||||
|
Series SR-1, 4.00%, 07/01/32 (Call 07/01/26) |
220 | 224,743 | ||||||
|
San Dieguito Union High School District GO, Series B-2, 4.00%, 02/01/40 (Call 08/01/25) |
200 | 197,897 | ||||||
|
San Francisco Bay Area Rapid Transit District GO |
||||||||
|
3.00%, 08/01/38 (Call 08/01/29) |
1,625 | 1,373,550 | ||||||
|
Series A, 4.00%, 08/01/42 (Call 08/01/27) |
1,000 | 972,150 | ||||||
|
Series A, 5.00%, 08/01/47 (Call 08/01/27) |
1,015 | 1,060,809 | ||||||
|
Series B-1, 3.00%, 08/01/49 (Call 08/01/29) |
3,700 | 2,748,920 | ||||||
|
Series C-1, 3.00%, 08/01/36 (Call 08/01/29) |
4,025 | 3,584,824 | ||||||
|
Series C-1, 3.00%, 08/01/50 (Call 08/01/29) |
2,600 | 1,916,590 | ||||||
|
Series C-1, 4.00%, 08/01/35 (Call 08/01/29) |
1,000 | 1,033,363 | ||||||
|
Series D, 4.00%, 08/01/33 (Call 08/01/25) |
2,250 | 2,273,235 | ||||||
|
San Francisco Bay Area Rapid Transit District Sales Tax Revenue RB |
||||||||
|
Series A, 3.00%, 07/01/44 (Call 07/01/27) |
1,200 | 937,232 | ||||||
|
Series A, 4.00%, 07/01/37 (Call 07/01/27) |
1,000 | 1,007,637 | ||||||
|
Series A, 4.00%, 07/01/38 (Call 07/01/27) |
2,000 | 2,004,797 | ||||||
|
San Francisco City & County Airport Commission San Francisco International Airport RB |
||||||||
|
5.00%, 05/01/31 (05/01/29) |
1,165 | 1,297,023 | ||||||
|
5.00%, 05/01/52 (Call 05/01/32) |
1,500 | 1,594,355 | ||||||
|
Series A, 5.00%, 05/01/26 |
1,000 | 1,050,876 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
15 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® California Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
Series B, 4.00%, 05/01/37 (Call 05/01/30) |
$ | 4,000 | $ | 4,072,216 | ||||
|
Series B, 5.00%, 05/01/32 (Call 05/01/31) |
350 | 403,097 | ||||||
|
Series B, 5.00%, 05/01/34 (Call 05/01/31) |
2,200 | 2,521,833 | ||||||
|
Series B, 5.00%, 05/01/44 (Call 05/01/24) |
4,625 | 4,655,499 | ||||||
|
Series B, 5.00%, 05/01/47 (Call 05/01/27) |
1,500 | 1,549,063 | ||||||
|
Series B, 5.00%, 05/01/49 (Call 05/01/29) |
3,000 | 3,140,019 | ||||||
|
Series C, 5.00%, 05/01/46 (Call 05/01/26) |
1,850 | 1,895,935 | ||||||
|
Series D, 5.00%, 05/01/24 |
1,025 | 1,036,764 | ||||||
|
Series D, 5.00%, 05/01/25 |
250 | 257,545 | ||||||
|
Series E, 5.00%, 05/01/48 (Call 05/01/28) |
2,000 | 2,079,792 | ||||||
|
Series F, 5.00%, 05/01/50 (Call 05/01/29) |
745 | 778,440 | ||||||
|
San Francisco City & County Public Utilities Commission Power Revenue RB, 4.00%, 11/01/51 (Call 05/01/31) |
2,090 | 2,018,732 | ||||||
|
San Francisco City & County Public Utilities Commission Wastewater Revenue RB |
||||||||
|
5.00%, 10/01/25 |
2,280 | 2,367,783 | ||||||
|
5.00%, 10/01/27 (Call 10/01/25) |
530 | 551,019 | ||||||
|
5.00%, 10/01/28 |
3,190 | 3,532,261 | ||||||
|
5.00%, 10/01/30 |
5,000 | 5,740,400 | ||||||
|
5.00%, 10/01/31 (Call 04/01/28) |
1,400 | 1,534,131 | ||||||
|
5.00%, 10/01/45 (Call 10/01/31) |
3,485 | 3,781,371 | ||||||
|
Series A, 4.00%, 10/01/43 (Call 04/01/28) |
1,000 | 985,225 | ||||||
|
Series A, 4.00%, 10/01/47 (Call 10/01/31) |
2,000 | 1,951,829 | ||||||
|
Series B, 4.00%, 10/01/42 (Call 10/02/23) |
2,175 | 2,152,064 | ||||||
|
Series B, 5.00%, 10/01/43 (Call 04/01/28) |
1,000 | 1,061,602 | ||||||
|
San Francisco County Transportation Authority RB |
||||||||
|
4.00%, 02/01/25 |
2,020 | 2,047,813 | ||||||
|
4.00%, 02/01/26 |
1,480 | 1,515,869 | ||||||
|
San Francisco Municipal Transportation Agency RB |
||||||||
|
4.00%, 03/01/46 (Call 03/01/27) |
740 | 708,268 | ||||||
|
Series C, 4.00%, 03/01/51 (Call 03/01/31) |
2,400 | 2,277,645 | ||||||
|
San Joaquin County Transportation Authority RB, 4.00%, 03/01/41 (Call 03/01/27) |
500 | 491,160 | ||||||
|
San Joaquin Delta Community College District GO, Series C, 5.00%, 08/01/39 (PR 08/01/24) |
2,000 | 2,033,542 | ||||||
|
San Joaquin Hills Transportation Corridor Agency RB |
||||||||
|
0.00%, 01/01/26 (ETM)(a) |
280 | 260,337 | ||||||
|
0.00%, 01/01/28 (ETM)(a) |
750 | 656,357 | ||||||
|
4.00%, 01/15/34 (Call 01/15/32) |
1,065 | 1,096,623 | ||||||
|
5.00%, 01/15/31 |
1,500 | 1,644,619 | ||||||
|
5.00%, 01/15/33 (Call 01/15/32) |
1,585 | 1,749,418 | ||||||
|
Series A, 0.00%, 01/15/26 (NPFGC)(a) |
400 | 364,086 | ||||||
|
Series A, 5.00%, 01/15/34 (PR 01/15/25) |
750 | 769,664 | ||||||
|
Series A, 5.00%, 01/15/44 (PR 01/15/25) |
8,000 | 8,209,746 | ||||||
|
Series A, 5.00%, 01/15/50 (PR 01/15/25) |
8,755 | 8,984,541 | ||||||
|
San Jose Evergreen Community College District GO |
||||||||
|
3.00%, 09/01/40 (Call 09/01/28) |
1,250 | 1,033,554 | ||||||
|
Series C, 4.00%, 09/01/40 (PR 09/01/24) |
2,500 | 2,521,734 | ||||||
|
San Jose Financing Authority RB, 5.00%, 11/01/52 (Call 11/01/32) |
7,300 | 7,930,642 | ||||||
|
San Jose Unified School District GO |
||||||||
|
0.00%, 08/01/29 (NPFGC)(a) |
1,060 | 861,913 | ||||||
|
Series C, 0.00%, 08/01/30 (NPFGC)(a) |
3,150 | 2,462,601 | ||||||
|
Series C, 0.00%, 06/01/31 (NPFGC)(a) |
400 | 302,798 | ||||||
|
San Juan Unified School District GO |
||||||||
|
4.00%, 08/01/46 (Call 08/01/30) |
1,095 | 1,061,258 | ||||||
|
Series N, 4.00%, 08/01/29 (Call 08/01/26) |
5,000 | 5,114,354 | ||||||
|
San Marcos Unified School District GO |
||||||||
|
0.00%, 08/01/28(a) |
655 | 555,372 | ||||||
|
Series B, 0.00%, 08/01/38(a) |
565 | 300,398 | ||||||
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
Series B, 0.00%, 08/01/47(a) |
$ | 500 | $ | 162,718 | ||||
|
Series B, 0.00%, 08/01/51(a) |
1,500 | 396,627 | ||||||
|
Series C, 5.00%, 08/01/40 (PR 02/01/24) |
480 | 483,953 | ||||||
|
San Mateo County Community College District GO |
||||||||
|
0.00%, 09/01/30 (NPFGC)(a) |
4,500 | 3,559,711 | ||||||
|
Series A, 5.00%, 09/01/45 (PR 09/01/25) |
775 | 805,481 | ||||||
|
Series B, 0.00%, 09/01/26 (NPFGC)(a) |
550 | 499,156 | ||||||
|
Series B, 0.00%, 09/01/32 (NPFGC)(a) |
2,020 | 1,480,715 | ||||||
|
Series B, 0.00%, 09/01/35 (NPFGC)(a) |
1,380 | 883,316 | ||||||
|
Series B, 5.00%, 09/01/45 (Call 09/01/28) |
3,100 | 3,357,538 | ||||||
|
San Mateo Foster City Public Financing Authority RB |
||||||||
|
4.00%, 08/01/44 (Call 08/01/29) |
430 | 419,866 | ||||||
|
Series B, 5.00%, 08/01/25 |
3,240 | 3,358,734 | ||||||
|
San Mateo Foster City School District/CA GO, 0.00%, 08/01/42 (Call 08/01/31) |
2,235 | 2,215,821 | ||||||
|
San Mateo Union High School District GO |
||||||||
|
Series A, 0.00%, 09/01/33 |
500 | 461,804 | ||||||
|
Series A, 0.00%, 09/01/41 (Call 09/01/36) |
1,915 | 1,814,716 | ||||||
|
Series A, 0.00%, 07/01/51 (Call 09/01/41) |
1,755 | 1,189,514 | ||||||
|
Santa Barbara Secondary High School District GO, Series A, 0.00%, 08/01/40(a) |
555 | 251,841 | ||||||
|
Santa Barbara Unified School District, 4.00%, 08/01/44 (Call 08/01/28) |
2,945 | 2,895,786 | ||||||
|
Santa Barbara Unified School District GO, Series A, 4.00%, 08/01/41 (Call 08/01/27) |
2,000 | 1,976,201 | ||||||
|
Santa Clara Unified School District GO |
||||||||
|
3.00%, 07/01/36 (Call 07/01/26) |
3,370 | 3,006,309 | ||||||
|
Series 2018, 4.00%, 07/01/48 (Call 07/01/26) |
5,500 | 5,334,385 | ||||||
|
Santa Clara Valley Transportation Authority RB |
||||||||
|
5.00%, 04/01/27 |
1,000 | 1,073,603 | ||||||
|
5.00%, 04/01/28 |
1,000 | 1,096,868 | ||||||
|
5.00%, 04/01/34 (04/01/25) |
500 | 514,621 | ||||||
|
5.00%, 04/01/36 (04/01/33) |
1,000 | 1,172,654 | ||||||
|
Series C, VRDN, 2.10%, 04/01/36 (Put 11/06/23)(b) |
15,000 | 15,000,000 | ||||||
|
Santa Clara Valley Water District RB |
||||||||
|
Series A, 5.00%, 06/01/41 (Call 12/01/25) |
2,825 | 2,916,370 | ||||||
|
Series A, 5.00%, 06/01/46 (Call 12/01/25) |
1,410 | 1,449,075 | ||||||
|
Santa Clara Valley Water District Safe Clean Water Revenue COP, 5.00%, 12/01/26 (Call 11/01/26) |
1,800 | 1,914,375 | ||||||
|
Santa Clara Valley Water District Safe Clean Water Revenue RB, 5.00%, 08/01/47 (Call 08/01/32) |
1,000 | 1,095,097 | ||||||
|
Santa Clarita Community College District GO, 3.00%, 08/01/49 (Call 08/01/28) |
1,660 | 1,233,299 | ||||||
|
Santa Monica Community College District GO |
||||||||
|
Series A, 4.00%, 08/01/39 (Call 08/01/28) |
565 | 566,133 | ||||||
|
Series A, 4.00%, 08/01/47 (Call 08/01/28) |
4,485 | 4,426,862 | ||||||
|
Series A, 5.00%, 08/01/43 (Call 08/01/28) |
4,590 | 4,899,321 | ||||||
|
Series B, 4.00%, 08/01/44 (PR 08/01/24) |
1,000 | 1,008,630 | ||||||
|
Series B, 5.00%, 08/01/45 (Call 08/01/32) |
1,020 | 1,104,196 | ||||||
|
Santa Monica-Malibu Unified School District GO |
||||||||
|
3.00%, 08/01/49 (Call 08/01/27) |
1,500 | 1,114,427 | ||||||
|
4.00%, 08/01/41 (Call 08/01/29) |
2,000 | 1,986,241 | ||||||
|
Series B, 4.00%, 08/01/50 (Call 08/01/29) |
1,000 | 964,723 | ||||||
|
Silicon Valley Clean Water RB, Series A, 3.00%, 03/01/24 (Call 10/02/23) |
2,135 | 2,131,725 | ||||||
|
Sonoma County Junior College District GO, Series B, 3.00%, 08/01/41 (Call 08/01/29) |
1,500 | 1,218,231 | ||||||
|
South San Francisco Unified School District GO, Series C, 4.00%, 09/01/37 (Call 09/01/25) |
1,000 | 992,920 | ||||||
| 16 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® California Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
Southern California Public Power Authority RB |
||||||||
|
5.00%, 07/01/36 (07/01/24) |
$ | 4,800 | $ | 4,851,126 | ||||
|
Series A, 5.00%, 04/01/24 (Call 01/01/24) |
4,000 | 4,024,270 | ||||||
|
Series A, 5.00%, 07/01/30 (Call 01/01/24) |
1,000 | 1,005,798 | ||||||
|
Series C, 5.00%, 07/01/26 (Call 01/01/25) |
1,070 | 1,098,171 | ||||||
|
Southern California Water Replenishment District RB |
||||||||
|
4.00%, 08/01/45 (Call 08/01/25) |
1,000 | 973,782 | ||||||
|
5.00%, 08/01/41 (Call 08/01/25) |
1,000 | 1,028,255 | ||||||
|
Southwestern Community College District GO |
||||||||
|
Series A, 4.00%, 08/01/47 (Call 08/01/27) |
2,000 | 1,947,249 | ||||||
|
Series C, 0.00%, 08/01/41(a) |
650 | 290,592 | ||||||
|
Series C, 0.00%, 08/01/46(a) |
1,000 | 325,220 | ||||||
|
Series D, 5.00%, 08/01/44 (PR 08/01/25) |
500 | 518,794 | ||||||
|
State of California, 5.00%, 09/01/24 |
3,000 | 3,058,605 | ||||||
|
State of California Department of Water Resources RB |
||||||||
|
4.00%, 12/01/34 (Call 06/01/31) |
2,000 | 2,130,502 | ||||||
|
4.00%, 12/01/35 (Call 06/01/31) |
3,000 | 3,153,422 | ||||||
|
5.00%, 12/01/23 |
2,000 | 2,008,697 | ||||||
|
5.00%, 12/01/24 |
475 | 485,558 | ||||||
|
5.00%, 12/01/31 (Call 06/01/31) |
2,555 | 2,969,653 | ||||||
|
5.00%, 12/01/35 (PR 06/01/29) |
580 | 648,326 | ||||||
|
Series AS, 5.00%, 12/01/23 |
250 | 251,087 | ||||||
|
Series AS, 5.00%, 12/01/25 (Call 12/01/24) |
2,315 | 2,366,099 | ||||||
|
Series AS, 5.00%, 12/01/27 (PR 12/01/24) |
4,040 | 4,138,230 | ||||||
|
Series AW, 4.00%, 12/01/35 (Call 12/01/26) |
1,000 | 1,022,401 | ||||||
|
Series AW, 5.00%, 12/01/28 (Call 12/01/26) |
1,040 | 1,108,856 | ||||||
|
Series AW, 5.00%, 12/01/33 (PR 12/01/26) |
1,050 | 1,117,813 | ||||||
|
Series BA, 5.00%, 12/01/24 |
140 | 143,112 | ||||||
|
Series BA, 5.00%, 12/01/32 (Call 06/01/29) |
2,540 | 2,851,290 | ||||||
|
Series BB, 5.00%, 12/01/25 |
215 | 223,890 | ||||||
|
Series BB, 5.00%, 12/01/26 |
1,775 | 1,890,203 | ||||||
|
Series BB, 5.00%, 12/01/28 |
2,010 | 2,235,468 | ||||||
|
Series BB, 5.00%, 12/01/33 (Call 12/01/30) |
2,010 | 2,312,433 | ||||||
|
State of California GO |
||||||||
|
2.38%, 12/01/43 (Call 12/01/30) |
925 | 641,947 | ||||||
|
2.38%, 10/01/51 (Call 04/01/31) |
2,000 | 1,237,728 | ||||||
|
3.00%, 10/01/32 (Call 09/21/23) |
820 | 795,046 | ||||||
|
3.00%, 10/01/34 (Call 10/01/29) |
1,865 | 1,780,836 | ||||||
|
3.00%, 11/01/34 (Call 11/01/30) |
1,575 | 1,501,319 | ||||||
|
3.00%, 10/01/35 (Call 10/01/29) |
1,850 | 1,711,222 | ||||||
|
3.00%, 10/01/36 (Call 10/01/29) |
8,000 | 7,227,020 | ||||||
|
3.00%, 10/01/37 (Call 10/01/29) |
1,375 | 1,212,840 | ||||||
|
3.00%, 03/01/46 (Call 03/01/30) |
1,000 | 797,186 | ||||||
|
3.00%, 03/01/50 (Call 03/01/30) |
505 | 390,758 | ||||||
|
3.00%, 11/01/50 (Call 11/01/30) |
1,500 | 1,157,265 | ||||||
|
3.00%, 04/01/52 (Call 04/01/32) |
2,000 | 1,538,775 | ||||||
|
4.00%, 04/01/24 |
1,155 | 1,161,542 | ||||||
|
4.00%, 03/01/25 |
475 | 481,762 | ||||||
|
4.00%, 11/01/25 |
240 | 244,539 | ||||||
|
4.00%, 03/01/27 |
5,000 | 5,164,773 | ||||||
|
4.00%, 10/01/27 |
1,740 | 1,809,743 | ||||||
|
4.00%, 09/01/28 (Call 09/01/26) |
1,450 | 1,485,669 | ||||||
|
4.00%, 09/01/33 (Call 09/01/26) |
3,560 | 3,637,617 | ||||||
|
4.00%, 10/01/33 (Call 04/01/31) |
2,750 | 2,942,213 | ||||||
|
4.00%, 09/01/34 (Call 09/01/26) |
865 | 882,014 | ||||||
|
4.00%, 10/01/34 (Call 04/01/31) |
1,535 | 1,625,953 | ||||||
|
4.00%, 11/01/34 (Call 11/01/27) |
3,300 | 3,385,399 | ||||||
|
4.00%, 10/01/35 (Call 04/01/31) |
1,735 | 1,813,630 | ||||||
|
4.00%, 03/01/36 (Call 03/01/30) |
3,150 | 3,252,285 | ||||||
|
4.00%, 09/01/36 (Call 09/01/26) |
4,000 | 4,032,666 | ||||||
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
4.00%, 10/01/36 (Call 10/01/29) |
$ | 2,215 | $ | 2,272,600 | ||||
|
4.00%, 10/01/36 (Call 04/01/31) |
2,010 | 2,073,572 | ||||||
|
4.00%, 03/01/37 (Call 03/01/30) |
1,000 | 1,024,250 | ||||||
|
4.00%, 09/01/37 (Call 09/01/26) |
3,505 | 3,521,973 | ||||||
|
4.00%, 11/01/37 (Call 11/01/27) |
2,000 | 2,012,108 | ||||||
|
4.00%, 11/01/38 (Call 11/01/30) |
3,810 | 3,879,926 | ||||||
|
4.00%, 10/01/39 (Call 10/01/29) |
1,500 | 1,515,288 | ||||||
|
4.00%, 11/01/40 (Call 11/01/30) |
1,150 | 1,156,529 | ||||||
|
4.00%, 10/01/41 (Call 04/01/31) |
8,400 | 8,433,477 | ||||||
|
4.00%, 04/01/42 (Call 04/01/32) |
1,680 | 1,679,970 | ||||||
|
4.00%, 11/01/44 (Call 11/01/24) |
975 | 966,322 | ||||||
|
4.00%, 03/01/45 (Call 03/01/25) |
500 | 493,917 | ||||||
|
4.00%, 08/01/45 (Call 08/01/25) |
250 | 246,915 | ||||||
|
4.00%, 03/01/46 (Call 03/01/30) |
6,960 | 6,895,751 | ||||||
|
4.00%, 11/01/47 (Call 11/01/27) |
1,500 | 1,470,937 | ||||||
|
4.00%, 10/01/50 (Call 04/01/33) |
2,500 | 2,466,705 | ||||||
|
4.00%, 11/01/50 (Call 11/01/25) |
2,425 | 2,365,362 | ||||||
|
4.25%, 09/01/52 (Call 09/01/32) |
1,310 | 1,323,899 | ||||||
|
5.00%, 09/01/23 |
5,000 | 5,000,000 | ||||||
|
5.00%, 11/01/23 |
1,500 | 1,504,487 | ||||||
|
5.00%, 03/01/24 |
150 | 151,450 | ||||||
|
5.00%, 08/01/24 |
750 | 763,388 | ||||||
|
5.00%, 09/01/24 |
1,045 | 1,065,414 | ||||||
|
5.00%, 10/01/24 |
3,500 | 3,574,198 | ||||||
|
5.00%, 11/01/24 |
1,910 | 1,952,370 | ||||||
|
5.00%, 12/01/24 (Call 12/01/23) |
2,275 | 2,285,787 | ||||||
|
5.00%, 02/01/25 (Call 10/02/23) |
5 | 5,007 | ||||||
|
5.00%, 03/01/25 |
250 | 257,172 | ||||||
|
5.00%, 04/01/25 |
700 | 721,231 | ||||||
|
5.00%, 05/01/25 (Call 05/01/24) |
320 | 324,105 | ||||||
|
5.00%, 08/01/25 |
5,170 | 5,361,408 | ||||||
|
5.00%, 09/01/25 (Call 10/02/23) |
3,450 | 3,455,298 | ||||||
|
5.00%, 10/01/25 |
10,465 | 10,863,645 | ||||||
|
5.00%, 10/01/25 (Call 10/01/24) |
1,110 | 1,128,936 | ||||||
|
5.00%, 11/01/25 (Call 11/01/23) |
300 | 300,826 | ||||||
|
5.00%, 12/01/25 |
2,125 | 2,213,338 | ||||||
|
5.00%, 12/01/25 (Call 12/01/23) |
1,000 | 1,003,577 | ||||||
|
5.00%, 03/01/26 (Call 03/01/25) |
1,290 | 1,324,713 | ||||||
|
5.00%, 04/01/26 |
1,165 | 1,221,842 | ||||||
|
5.00%, 08/01/26 |
6,870 | 7,252,449 | ||||||
|
5.00%, 08/01/26 (Call 08/01/25) |
1,780 | 1,842,914 | ||||||
|
5.00%, 10/01/26 |
10,050 | 10,646,634 | ||||||
|
5.00%, 10/01/26 (Call 04/01/26) |
3,275 | 3,438,956 | ||||||
|
5.00%, 10/01/26 |
15 | 15,724 | ||||||
|
5.00%, 11/01/26 |
2,500 | 2,652,920 | ||||||
|
5.00%, 02/01/27 (AMBAC) |
200 | 213,541 | ||||||
|
5.00%, 03/01/27 (Call 03/01/25) |
1,400 | 1,440,098 | ||||||
|
5.00%, 04/01/27 |
680 | 728,615 | ||||||
|
5.00%, 08/01/27 |
1,685 | 1,814,548 | ||||||
|
5.00%, 08/01/27 (Call 08/01/25) |
620 | 643,101 | ||||||
|
5.00%, 08/01/27 (Call 08/01/26) |
500 | 529,147 | ||||||
|
5.00%, 09/01/27 |
360 | 388,370 | ||||||
|
5.00%, 09/01/27 (Call 09/01/26) |
3,675 | 3,896,173 | ||||||
|
5.00%, 11/01/27 |
10,325 | 11,175,419 | ||||||
|
5.00%, 11/01/27 (Call 11/01/23) |
700 | 702,028 | ||||||
|
5.00%, 12/01/27 |
2,595 | 2,813,408 | ||||||
|
5.00%, 08/01/28 (Call 08/01/26) |
2,335 | 2,464,141 | ||||||
|
5.00%, 08/01/28 (Call 08/01/27) |
2,700 | 2,905,057 | ||||||
|
5.00%, 09/01/28 |
300 | 329,631 | ||||||
|
5.00%, 09/01/28 (Call 09/01/26) |
1,365 | 1,442,834 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
17 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® California Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
5.00%, 10/01/28 |
$ | 13,845 | $ | 15,233,945 | ||||
|
5.00%, 11/01/28 |
3,135 | 3,454,363 | ||||||
|
5.00%, 04/01/29 |
4,375 | 4,854,827 | ||||||
|
5.00%, 08/01/29 (Call 08/01/26) |
1,920 | 2,025,278 | ||||||
|
5.00%, 08/01/29 (Call 08/01/27) |
1,000 | 1,075,694 | ||||||
|
5.00%, 09/01/29 (Call 09/01/26) |
3,245 | 3,427,958 | ||||||
|
5.00%, 10/01/29 |
10,355 | 11,586,979 | ||||||
|
5.00%, 10/01/29 (Call 04/01/26) |
760 | 797,113 | ||||||
|
5.00%, 11/01/29 |
1,500 | 1,680,793 | ||||||
|
5.00%, 11/01/29 (Call 11/01/27) |
4,980 | 5,380,264 | ||||||
|
5.00%, 12/01/29 |
1,425 | 1,598,981 | ||||||
|
5.00%, 03/01/30 |
170 | 191,561 | ||||||
|
5.00%, 04/01/30 |
2,175 | 2,454,217 | ||||||
|
5.00%, 04/01/30 (Call 04/01/29) |
1,000 | 1,108,168 | ||||||
|
5.00%, 08/01/30 (Call 08/01/27) |
635 | 680,994 | ||||||
|
5.00%, 08/01/30 (Call 08/01/28) |
1,010 | 1,105,863 | ||||||
|
5.00%, 10/01/30 |
2,000 | 2,275,451 | ||||||
|
5.00%, 11/01/30 |
1,165 | 1,327,243 | ||||||
|
5.00%, 11/01/30 (Call 11/01/23) |
2,000 | 2,004,878 | ||||||
|
5.00%, 11/01/30 (Call 11/01/27) |
4,680 | 5,040,041 | ||||||
|
5.00%, 03/01/31 (Call 03/01/25) |
3,000 | 3,079,650 | ||||||
|
5.00%, 03/01/31 (Call 03/01/30) |
1,000 | 1,125,277 | ||||||
|
5.00%, 04/01/31 |
4,985 | 5,710,660 | ||||||
|
5.00%, 09/01/31 (Call 09/01/26) |
2,175 | 2,293,846 | ||||||
|
5.00%, 10/01/31 (Call 10/01/24) |
2,825 | 2,878,882 | ||||||
|
5.00%, 11/01/31 |
2,500 | 2,889,443 | ||||||
|
5.00%, 11/01/31 (Call 11/01/23) |
2,080 | 2,085,106 | ||||||
|
5.00%, 11/01/31 (Call 11/01/27) |
3,000 | 3,231,970 | ||||||
|
5.00%, 11/01/31 (Call 11/01/28) |
1,000 | 1,100,070 | ||||||
|
5.00%, 11/01/31 (Call 11/01/30) |
4,000 | 4,548,637 | ||||||
|
5.00%, 03/01/32 (Call 03/01/30) |
3,900 | 4,388,097 | ||||||
|
5.00%, 04/01/32 |
6,680 | 7,763,272 | ||||||
|
5.00%, 04/01/32 (Call 04/01/29) |
1,225 | 1,358,207 | ||||||
|
5.00%, 05/01/32 (Call 05/01/24) |
2,000 | 2,023,867 | ||||||
|
5.00%, 09/01/32 |
1,895 | 2,214,150 | ||||||
|
5.00%, 09/01/32 (Call 09/01/26) |
3,000 | 3,155,221 | ||||||
|
5.00%, 10/01/32 (Call 10/01/24) |
1,000 | 1,018,967 | ||||||
|
5.00%, 10/01/32 (Call 10/01/29) |
1,000 | 1,117,173 | ||||||
|
5.00%, 10/01/32 (Call 10/01/31) |
1,745 | 2,012,126 | ||||||
|
5.00%, 11/01/32 (Call 11/01/30) |
2,550 | 2,896,718 | ||||||
|
5.00%, 12/01/32 (Call 06/01/26) |
775 | 811,816 | ||||||
|
5.00%, 03/01/33 (Call 03/01/30) |
8,915 | 10,006,570 | ||||||
|
5.00%, 04/01/33 |
1,750 | 2,055,892 | ||||||
|
5.00%, 04/01/33 (Call 04/01/24) |
1,210 | 1,222,628 | ||||||
|
5.00%, 04/01/33 (Call 04/01/29) |
840 | 930,791 | ||||||
|
5.00%, 08/01/33 (Call 08/01/24) |
3,000 | 3,048,157 | ||||||
|
5.00%, 09/01/33 (Call 10/02/23) |
1,635 | 1,637,827 | ||||||
|
5.00%, 09/01/33 (Call 09/01/26) |
1,500 | 1,577,301 | ||||||
|
5.00%, 09/01/33 (Call 09/01/32) |
1,460 | 1,701,226 | ||||||
|
5.00%, 10/01/33 (Call 04/01/24) |
1,395 | 1,409,480 | ||||||
|
5.00%, 10/01/33 (Call 10/01/24) |
3,185 | 3,244,734 | ||||||
|
5.00%, 03/01/34 (Call 03/01/30) |
3,600 | 4,037,235 | ||||||
|
5.00%, 09/01/34 (Call 09/01/26) |
3,935 | 4,134,968 | ||||||
|
5.00%, 10/01/34 (Call 04/01/33) |
4,615 | 5,400,871 | ||||||
|
5.00%, 11/01/34 (Call 11/01/28) |
1,000 | 1,097,485 | ||||||
|
5.00%, 12/01/34 (Call 12/01/30) |
1,780 | 2,011,374 | ||||||
|
5.00%, 04/01/35 (Call 04/01/29) |
1,000 | 1,104,789 | ||||||
|
5.00%, 04/01/35 (Call 04/01/32) |
1,365 | 1,569,242 | ||||||
|
5.00%, 08/01/35 (Call 08/01/25) |
1,565 | 1,610,946 | ||||||
|
5.00%, 08/01/35 (Call 08/01/26) |
1,920 | 2,014,335 | ||||||
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
5.00%, 09/01/35 (Call 09/01/26) |
$ | 4,085 | $ | 4,289,890 | ||||
|
5.00%, 10/01/35 (Call 04/01/26) |
4,755 | 4,960,079 | ||||||
|
5.00%, 10/01/35 (Call 04/01/33) |
2,500 | 2,893,477 | ||||||
|
5.00%, 10/01/35 |
245 | 256,830 | ||||||
|
5.00%, 04/01/36 (Call 04/01/24) |
5,000 | 5,044,796 | ||||||
|
5.00%, 08/01/36 (Call 08/01/28) |
1,890 | 2,046,223 | ||||||
|
5.00%, 09/01/36 (Call 09/01/26) |
2,000 | 2,094,926 | ||||||
|
5.00%, 11/01/36 (Call 11/01/27) |
3,290 | 3,514,391 | ||||||
|
5.00%, 11/01/36 (Call 11/01/28) |
2,510 | 2,722,842 | ||||||
|
5.00%, 08/01/37 (Call 08/01/28) |
2,125 | 2,286,768 | ||||||
|
5.00%, 10/01/37 (Call 10/01/24) |
3,100 | 3,144,369 | ||||||
|
5.00%, 11/01/37 (Call 11/01/32) |
7,500 | 8,481,167 | ||||||
|
5.00%, 08/01/38 (Call 08/01/26) |
2,250 | 2,345,878 | ||||||
|
5.00%, 09/01/39 (Call 09/01/32) |
4,770 | 5,325,527 | ||||||
|
5.00%, 10/01/39 (Call 10/01/24) |
1,250 | 1,266,311 | ||||||
|
5.00%, 11/01/39 (Call 11/01/28) |
3,505 | 3,757,725 | ||||||
|
5.00%, 09/01/42 (Call 09/01/32) |
4,185 | 4,611,285 | ||||||
|
5.00%, 11/01/42 (Call 11/01/32) |
2,500 | 2,758,523 | ||||||
|
5.00%, 11/01/43 (Call 11/01/23) |
4,725 | 4,734,884 | ||||||
|
5.00%, 10/01/44 (Call 10/01/24) |
2,330 | 2,358,199 | ||||||
|
5.00%, 04/01/45 (Call 04/01/29) |
3,145 | 3,351,438 | ||||||
|
5.00%, 08/01/45 (Call 08/01/25) |
3,400 | 3,483,288 | ||||||
|
5.00%, 08/01/46 (Call 08/01/26) |
1,500 | 1,555,171 | ||||||
|
5.00%, 09/01/46 (Call 09/01/26) |
1,000 | 1,037,810 | ||||||
|
5.00%, 12/01/46 (Call 12/01/30) |
2,000 | 2,151,450 | ||||||
|
5.00%, 04/01/47 (Call 04/01/32) |
3,890 | 4,223,586 | ||||||
|
5.00%, 10/01/47 (Call 04/01/26) |
3,850 | 3,969,028 | ||||||
|
5.00%, 11/01/47 (Call 11/01/27) |
800 | 840,398 | ||||||
|
5.00%, 10/01/49 (Call 10/01/29) |
2,000 | 2,126,009 | ||||||
|
5.00%, 09/01/52 (Call 09/01/32) |
2,000 | 2,165,840 | ||||||
|
5.25%, 08/01/31 (Call 08/01/25) |
1,680 | 1,745,853 | ||||||
|
5.25%, 08/01/32 (AGM) |
1,825 | 2,132,871 | ||||||
|
5.25%, 09/01/47 (Call 09/01/32) |
2,045 | 2,266,173 | ||||||
|
Series A, 5.00%, 10/01/23 |
5,000 | 5,006,912 | ||||||
|
Series A, 5.00%, 10/01/24 |
5,000 | 5,101,740 | ||||||
|
Series B, 5.00%, 08/01/24 |
815 | 829,548 | ||||||
|
Series B, 5.00%, 09/01/24 |
2,945 | 3,002,530 | ||||||
|
Series B, 5.00%, 09/01/25 |
1,895 | 1,968,412 | ||||||
|
Series B, 5.00%, 08/01/26 |
2,280 | 2,406,926 | ||||||
|
Series B, 5.00%, 09/01/26 |
2,225 | 2,353,111 | ||||||
|
Series C, 5.00%, 09/01/26 (Call 09/01/25) |
3,500 | 3,629,880 | ||||||
|
Series C, 5.00%, 08/01/27 (Call 08/01/26) |
760 | 804,303 | ||||||
|
Series C, 5.00%, 08/01/32 (Call 02/01/25) |
300 | 307,480 | ||||||
|
Series C, 5.00%, 08/01/33 (Call 02/01/25) |
480 | 491,914 | ||||||
|
Sunnyvale Elementary School District GO, 4.00%, 09/01/42 (Call 09/01/25) |
500 | 492,149 | ||||||
|
Ukiah Unified School District/CA GO, Series 2005, 0.00%, 08/01/28 (NPFGC)(a) |
1,000 | 836,933 | ||||||
|
University of California RB |
||||||||
|
3.00%, 05/15/51 (05/15/31) |
7,000 | 5,177,743 | ||||||
|
4.00%, 05/15/33 (Call 05/15/27) |
4,000 | 4,110,808 | ||||||
|
4.00%, 05/15/34 (Call 05/15/25) |
4,900 | 4,948,043 | ||||||
|
4.00%, 05/15/39 (Call 05/15/31) |
2,500 | 2,544,492 | ||||||
|
4.00%, 05/15/40 (05/15/31) |
2,500 | 2,523,331 | ||||||
|
5.00%, 05/15/28 |
1,000 | 1,099,694 | ||||||
|
5.00%, 05/15/29 |
4,000 | 4,474,476 | ||||||
|
5.00%, 05/15/30 |
3,000 | 3,415,466 | ||||||
|
5.00%, 05/15/33 |
1,000 | 1,191,542 | ||||||
|
5.00%, 05/15/34 (Call 05/15/26) |
1,005 | 1,058,287 | ||||||
|
5.00%, 05/15/35 (05/15/33) |
4,000 | 4,706,020 | ||||||
| 18 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® California Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
5.00%, 05/15/35 (Call 05/15/27) |
$ | 2,500 | $ | 2,674,298 | ||||
|
5.00%, 05/15/40 (Call 05/15/32) |
1,900 | 2,118,295 | ||||||
|
5.00%, 05/15/42 (Call 05/15/27) |
2,405 | 2,526,760 | ||||||
|
5.50%, 05/15/40 (Call 05/15/33) |
5,000 | 5,925,373 | ||||||
|
VRDN, 2.85%, 05/15/48 (Put 08/31/23)(b) |
16,000 | 16,000,000 | ||||||
|
Series AL-2, VRDN, 3.00%, 05/15/48 (Put 09/01/23)(b) |
4,600 | 4,600,000 | ||||||
|
Series AM, 4.00%, 05/15/34 (Call 05/15/24) |
5,760 | 5,781,711 | ||||||
|
Series AM, 5.00%, 05/15/28 (Call 05/15/24) |
120 | 121,608 | ||||||
|
Series AM, 5.00%, 05/15/44 (Call 05/15/24) |
495 | 499,483 | ||||||
|
Series AM, 5.00%, 05/15/44 (PR 05/15/24) |
5,205 | 5,271,827 | ||||||
|
Series AM, 5.25%, 05/15/38 (Call 05/15/24) |
5,000 | 5,056,172 | ||||||
|
Series AO, 5.00%, 05/15/27 (Call 05/15/25) |
3,040 | 3,140,553 | ||||||
|
Series AO, 5.00%, 05/15/28 (Call 05/15/25) |
400 | 413,078 | ||||||
|
Series AO, 5.00%, 05/15/32 (Call 05/15/25) |
3,000 | 3,092,231 | ||||||
|
Series AO, 5.00%, 05/15/40 (Call 05/15/25) |
6,245 | 6,378,792 | ||||||
|
Series AR, 5.00%, 05/15/41 (Call 05/15/26) |
970 | 1,005,014 | ||||||
|
Series AV, 5.00%, 05/15/36 (Call 05/15/27) |
1,100 | 1,170,241 | ||||||
|
Series AV, 5.00%, 05/15/47 (Call 05/15/27) |
3,300 | 3,449,330 | ||||||
|
Series AV, 5.00%, 05/15/49 (Call 05/15/27) |
1,500 | 1,563,420 | ||||||
|
Series AV, 5.25%, 05/15/42 (Call 05/15/27) |
2,000 | 2,119,141 | ||||||
|
Series AY, 5.00%, 05/15/25 |
1,300 | 1,343,891 | ||||||
|
Series AY, 5.00%, 05/15/31 (Call 05/15/27) |
1,000 | 1,074,546 | ||||||
|
Series AY, 5.00%, 05/15/36 (Call 05/15/27) |
2,135 | 2,271,332 | ||||||
|
Series AY, 5.00%, 05/15/37 (Call 05/15/27) |
4,650 | 4,923,193 | ||||||
|
Series AZ, 5.00%, 05/15/36 (Call 05/15/28) |
750 | 810,960 | ||||||
|
Series AZ, 5.00%, 05/15/43 (Call 05/15/28) |
5,630 | 5,991,109 | ||||||
|
Series AZ, 5.00%, 05/15/48 (Call 05/15/28) |
250 | 263,398 | ||||||
|
Series AZ, 5.25%, 05/15/58 (Call 05/15/28) |
500 | 530,867 | ||||||
|
Series BB, 5.00%, 05/15/49 (Call 05/15/29) |
1,500 | 1,583,299 | ||||||
|
Series BE, 4.00%, 05/15/37 (Call 05/15/30) |
1,000 | 1,034,791 | ||||||
|
Series BE, 4.00%, 05/15/40 (Call 05/15/30) |
665 | 672,175 | ||||||
|
Series BE, 4.00%, 05/15/47 (Call 05/15/30) |
2,500 | 2,462,148 | ||||||
|
Series BE, 5.00%, 05/15/33 (Call 05/15/30) |
2,000 | 2,273,246 | ||||||
|
Series BE, 5.00%, 05/15/38 (Call 05/15/30) |
1,500 | 1,652,708 | ||||||
|
Series BH, 4.00%, 05/15/46 (Call 05/15/31) |
950 | 938,080 | ||||||
|
Series BH, 4.00%, 05/15/51 (Call 05/15/31) |
2,020 | 1,969,821 | ||||||
|
Series I, 5.00%, 05/15/27 (Call 05/15/25) |
745 | 769,642 | ||||||
|
Series I, 5.00%, 05/15/28 (Call 05/15/25) |
350 | 361,209 | ||||||
|
Series I, 5.00%, 05/15/29 (Call 05/15/25) |
205 | 211,520 | ||||||
|
Series I, 5.00%, 05/15/31 (Call 05/15/25) |
5,290 | 5,455,473 | ||||||
|
Series I, 5.00%, 05/15/32 (Call 05/15/25) |
540 | 556,240 | ||||||
|
Series K, 4.00%, 05/15/46 (Call 05/15/26) |
3,000 | 2,944,926 | ||||||
|
Series K, 5.00%, 05/15/35 (Call 05/15/26) |
500 | 525,262 | ||||||
|
Series M, 4.00%, 05/15/47 (Call 05/15/27) |
250 | 244,360 | ||||||
| Security | Par/ Shares (000) |
Value | ||||||
| California (continued) | ||||||||
|
Series M, 5.00%, 05/15/33 (Call 05/15/27) |
$ | 1,000 | $ | 1,070,099 | ||||
|
Series M, 5.00%, 05/15/47 (Call 05/15/27) |
1,165 | 1,216,080 | ||||||
|
Series M, 5.00%, 05/15/52 (Call 05/15/27) |
250 | 259,851 | ||||||
|
Series O, 4.00%, 05/15/29 (Call 05/15/28) |
500 | 522,819 | ||||||
|
Series O, 5.00%, 05/15/58 (Call 05/15/28) |
1,000 | 1,048,449 | ||||||
|
Series O, 5.50%, 05/15/58 (Call 05/15/28) |
500 | 535,306 | ||||||
|
Series Q, 4.00%, 05/15/36 (Call 05/15/31) |
1,000 | 1,045,927 | ||||||
|
Series Q, 5.00%, 05/15/46 (Call 05/15/31) |
4,025 | 4,362,562 | ||||||
|
Upper Santa Clara Valley Joint Powers Authority RB |
||||||||
|
Series A, 4.00%, 08/01/45 (Call 08/01/25) |
1,100 | 1,071,161 | ||||||
|
Series A, 4.00%, 08/01/50 (Call 08/01/25) |
3,000 | 2,875,153 | ||||||
|
Walnut Valley Unified School District GO, 4.00%, 08/01/51(08/01/32) |
2,000 | 1,923,614 | ||||||
|
West Valley-Mission Community College District GO, Series B, 4.00%, 08/01/40 (Call 08/01/25) |
250 | 249,902 | ||||||
|
Westminster School District GO, 0.00%, 08/01/52 (Call 08/01/39) (BAM) |
6,380 | 4,021,100 | ||||||
|
William S Hart Union High School District GO |
||||||||
|
Series A, 0.00%, 08/01/33(a) |
990 | 684,570 | ||||||
|
Series B, 0.00%, 08/01/34 (AGM)(a) |
1,250 | 828,747 | ||||||
|
|
|
|||||||
| 2,251,823,223 | ||||||||
|
|
|
|||||||
|
Total
Long-Term Investments — 99.9% |
2,251,823,223 | |||||||
|
|
|
|||||||
|
Short-Term Securities |
||||||||
| Money Market Funds — 0.0% | ||||||||
|
BlackRock Liquidity Funds California Money Fund Portfolio, 3.22%(c)(d) |
79 | 79,008 | ||||||
|
|
|
|||||||
|
Total
Short-Term Securities — 0.0% |
79,008 | |||||||
|
|
|
|||||||
|
Total
Investments — 99.9% |
2,251,902,231 | |||||||
|
Other Assets Less Liabilities — 0.1% |
2,044,210 | |||||||
|
|
|
|||||||
|
Net Assets — 100.0% |
$ | 2,253,946,441 | ||||||
|
|
|
|||||||
| (a) |
Zero-coupon bond. |
| (b) |
Variable rate security. Rate as of period end and maturity is the date the principal owed can be recovered through demand. |
| (c) |
Affiliate of the Fund. |
| (d) |
Annualized 7-day yield as of period end. |
Affiliates
Investments in issuers considered to be affiliate(s) of the Fund during the six months ended August 31, 2023 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:
| Affiliated Issuer | Value at 02/28/23 |
Purchases at Cost |
Proceeds from Sale |
Net Realized Gain (Loss) |
Change in Unrealized Appreciation (Depreciation) |
Value at 08/31/23 |
Shares Held at 08/31/23 (000) |
Income | Capital
Gain Distributions from Underlying Funds |
|||||||||||||||||||||||||||
|
BlackRock Liquidity Funds California Money Fund Portfolio |
$ | 3,414,808 | $ | — | $ | (3,336,853 | )(a) | $ | 1,395 | $ | (342 | ) | $ | 79,008 | 79 | $ | 60,631 | $ | — | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||||
| (a) |
Represents net amount purchased (sold). |
|
S C H E D U L E O F I N V E S T M E N T S |
19 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® California Muni Bond ETF |
Fair Value Hierarchy as of Period End
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.
| Level 1 | Level 2 | Level 3 | Total | |||||||||||||
|
Assets |
||||||||||||||||
|
Investments |
||||||||||||||||
|
Long-Term Investments |
||||||||||||||||
|
Municipal Debt Obligations |
$ | — | $ | 2,251,823,223 | $ | — | $ | 2,251,823,223 | ||||||||
|
Short-Term Securities |
||||||||||||||||
|
Money Market Funds |
79,008 | — | — | 79,008 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
| $ | 79,008 | $ | 2,251,823,223 | $ | — | $ | 2,251,902,231 | |||||||||
|
|
|
|
|
|
|
|
|
|||||||||
See notes to financial statements.
| 20 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par |
Value | ||||||
|
Municipal Debt Obligations |
| |||||||
| Alabama — 0.8% | ||||||||
|
Alabama Federal Aid Highway Finance Authority RB |
||||||||
|
4.00%, 09/01/31 (PR 09/01/24) |
$ | 20,970 | $ | 21,101,383 | ||||
|
4.00%, 09/01/33 (Call 09/01/24) |
57,315 | 57,674,096 | ||||||
|
5.00%, 09/01/27 (Call 09/01/24) |
6,710 | 6,816,770 | ||||||
|
5.00%, 09/01/30 (PR 09/01/24) |
2,525 | 2,565,178 | ||||||
|
Series 2007-2, Class A4, 5.00%, 09/01/28 (Call 09/01/24) |
13,500 | 13,714,812 | ||||||
|
Series A, 4.00%, 06/01/37 (Call 09/01/27) |
5,290 | 5,486,699 | ||||||
|
Series A, 5.00%, 09/01/35 (Call 09/01/26) |
23,575 | 24,911,641 | ||||||
|
Series A, 5.00%, 09/01/36 (PR 09/01/26) |
8,750 | 9,246,102 | ||||||
|
Series A, 5.00%, 06/01/37 (Call 09/01/27) |
5,000 | 5,372,555 | ||||||
|
Series B, 5.00%, 09/01/23 |
3,230 | 3,230,000 | ||||||
|
Series B, 5.00%, 09/01/24 |
3,940 | 4,004,618 | ||||||
|
Series B, 5.00%, 09/01/26 |
2,665 | 2,807,511 | ||||||
|
Alabama Public School and College Authority RB |
||||||||
|
4.00%, 11/01/40 (Call 11/01/30) |
4,000 | 3,889,530 | ||||||
|
Series A, 4.00%, 11/01/38 (Call 11/01/30) |
1,605 | 1,602,214 | ||||||
|
Series A, 5.00%, 11/01/23 |
6,000 | 6,015,580 | ||||||
|
Series A, 5.00%, 11/01/24 |
10,000 | 10,192,087 | ||||||
|
Series A, 5.00%, 11/01/25 |
3,800 | 3,940,035 | ||||||
|
Series A, 5.00%, 11/01/26 |
13,740 | 14,525,166 | ||||||
|
Series A, 5.00%, 11/01/27 |
7,850 | 8,461,445 | ||||||
|
Series A, 5.00%, 11/01/32 (Call 11/01/30) |
5,000 | 5,621,355 | ||||||
|
Series A, 5.00%, 11/01/33 (Call 11/01/30) |
4,300 | 4,833,400 | ||||||
|
Series A, 5.00%, 11/01/34 (Call 11/01/30) |
9,000 | 10,072,863 | ||||||
|
Series A, 5.00%, 11/01/35 (Call 11/01/30) |
6,000 | 6,657,302 | ||||||
|
Series A, 5.00%, 11/01/39 (Call 11/01/30) |
11,305 | 12,206,248 | ||||||
|
Series B, 5.00%, 01/01/24 |
3,525 | 3,543,615 | ||||||
|
Series B, 5.00%, 01/01/26 (Call 07/01/24) |
6,135 | 6,210,131 | ||||||
|
Auburn University RB |
||||||||
|
Series A, 4.00%, 06/01/41 (Call 06/01/26) |
3,375 | 3,272,197 | ||||||
|
Series A, 5.00%, 06/01/48 (Call 06/01/28) |
7,875 | 8,158,343 | ||||||
|
State of Alabama GO |
||||||||
|
5.00%, 11/01/42 (Call 11/01/32) |
6,075 | 6,663,566 | ||||||
|
Series C, 5.00%, 08/01/27 (Call 08/01/26) |
1,175 | 1,237,118 | ||||||
|
|
|
|||||||
| 274,033,560 | ||||||||
| Alaska — 0.0% | ||||||||
|
City of Anchorage AK Electric Revenue RB, Series A, 4.00%, 12/01/44 (Call 12/01/24) |
2,000 | 2,014,777 | ||||||
|
|
|
|||||||
| Arizona — 0.9% | ||||||||
|
Arizona Department of Transportation State Highway Fund Revenue RB |
||||||||
|
5.00%, 07/01/24 |
1,110 | 1,125,705 | ||||||
|
5.00%, 07/01/25 (PR 07/01/24) |
1,885 | 1,909,449 | ||||||
|
5.00%, 07/01/26 (PR 07/01/24) |
5,000 | 5,063,004 | ||||||
|
5.00%, 07/01/27 (Call 07/01/24) |
4,490 | 4,546,578 | ||||||
|
5.00%, 07/01/30 (Call 07/01/24) |
2,000 | 2,021,627 | ||||||
|
5.00%, 07/01/33 (Call 07/01/24) |
2,900 | 2,930,653 | ||||||
|
Arizona School Facilities Board COP, Series A, 5.00%, 09/01/23 |
750 | 750,000 | ||||||
|
Arizona State University RB |
||||||||
|
5.00%, 07/01/42 (Call 07/01/26) |
2,900 | 2,961,603 | ||||||
|
Series B, 5.00%, 07/01/47 (Call 07/01/26) |
1,500 | 1,529,062 | ||||||
|
Arizona Transportation Board RB |
||||||||
|
5.00%, 07/01/24 |
2,420 | 2,454,239 | ||||||
|
Series A, 5.00%, 07/01/24 |
6,070 | 6,155,881 | ||||||
| Security |
Par |
Value | ||||||
| Arizona (continued) | ||||||||
|
Arizona Water Infrastructure Finance Authority RB |
||||||||
|
Series A, 5.00%, 10/01/25 (Call 10/01/24) |
$ | 1,000 | $ | 1,017,368 | ||||
|
Series A, 5.00%, 10/01/26 (Call 10/01/24) |
7,890 | 8,022,854 | ||||||
|
City of Mesa AZ Utility System Revenue RB, 4.00%, 07/01/32 (Call 07/01/26) |
1,500 | 1,518,574 | ||||||
|
City of Phoenix AZ GO |
||||||||
|
4.00%, 07/01/25 (Call 07/01/24) |
2,040 | 2,051,178 | ||||||
|
5.00%, 07/01/24 |
2,000 | 2,028,134 | ||||||
|
5.00%, 07/01/25 |
3,800 | 3,920,571 | ||||||
|
City of Phoenix Civic Improvement Corp. RB |
||||||||
|
4.00%, 07/01/44 (Call 07/01/29) |
4,800 | 4,575,754 | ||||||
|
5.00%, 07/01/38 (Call 07/01/26) |
2,000 | 2,070,043 | ||||||
|
5.00%, 07/01/39 (Call 07/01/26) |
2,215 | 2,288,968 | ||||||
|
5.00%, 07/01/44 (Call 07/01/29) |
1,500 | 1,563,463 | ||||||
|
5.00%, 07/01/44 (Call 07/01/30) |
5,000 | 5,345,464 | ||||||
|
5.00%, 07/01/49 (Call 07/01/29) |
5,000 | 5,186,941 | ||||||
|
Series A, 4.00%, 07/01/40 (Call 07/01/31) |
1,610 | 1,579,643 | ||||||
|
Series A, 4.00%, 07/01/41 (Call 07/01/31) |
3,035 | 2,956,142 | ||||||
|
Series A, 4.00%, 07/01/42 (Call 07/01/31) |
5,750 | 5,551,611 | ||||||
|
Series A, 5.00%, 07/01/37 (Call 07/01/25) |
2,000 | 2,041,070 | ||||||
|
Series A, 5.00%, 07/01/41 (Call 07/01/25) |
2,000 | 2,034,362 | ||||||
|
Series A, 5.00%, 07/01/44 (Call 07/01/30) |
12,205 | 13,055,839 | ||||||
|
Series A, 5.00%, 07/01/45 (Call 07/01/25) |
2,000 | 2,021,872 | ||||||
|
Series A, 5.00%, 07/01/45 (Call 07/01/29) |
2,000 | 2,059,868 | ||||||
|
Series B, 4.00%, 07/01/28 (Call 07/01/24) |
16,100 | 16,129,891 | ||||||
|
Series B, 5.00%, 07/01/26 (Call 07/01/24) |
1,500 | 1,518,779 | ||||||
|
Series B, 5.00%, 07/01/27 (Call 07/01/24) |
4,025 | 4,074,082 | ||||||
|
Series D, 5.00%, 07/01/35 (Call 07/01/27) |
4,200 | 4,426,084 | ||||||
|
County
of Pima Sewer System Revenue, |
1,680 | 1,700,759 | ||||||
|
Gilbert Water Resource Municipal Property Corp. RB |
||||||||
|
5.00%, 07/15/32 |
4,650 | 5,396,511 | ||||||
|
5.00%, 07/15/33 (Call 07/15/32) |
3,000 | 3,489,008 | ||||||
|
Phoenix AZ, 4.00%, 07/01/24 |
1,115 | 1,121,552 | ||||||
|
Salt River Project Agricultural Improvement & Power District RB |
||||||||
|
5.00%, 01/01/24 |
1,150 | 1,156,110 | ||||||
|
5.00%, 01/01/27 |
1,940 | 2,058,824 | ||||||
|
5.00%, 01/01/28 |
1,645 | 1,780,869 | ||||||
|
5.00%, 01/01/31 (Call 01/01/28) |
3,600 | 3,893,808 | ||||||
|
5.00%, 01/01/32 |
26,930 | 31,000,276 | ||||||
|
5.00%, 01/01/38 (Call 01/01/28) |
1,555 | 1,642,429 | ||||||
|
5.00%, 01/01/39 (Call 01/01/28) |
8,000 | 8,425,589 | ||||||
|
5.00%, 01/01/47 (Call 01/01/30) |
10,500 | 11,066,173 | ||||||
|
Series A, 4.00%, 01/01/38 (Call 01/01/27) |
2,000 | 2,000,752 | ||||||
|
Series A, 5.00%, 01/01/25 |
2,015 | 2,060,537 | ||||||
|
Series A, 5.00%, 01/01/26 |
3,285 | 3,421,402 | ||||||
|
Series A, 5.00%, 01/01/27 |
2,050 | 2,175,562 | ||||||
|
Series A, 5.00%, 01/01/28 |
4,500 | 4,871,678 | ||||||
|
Series A, 5.00%, 01/01/28 (Call 01/01/27) |
2,650 | 2,809,721 | ||||||
|
Series A, 5.00%, 01/01/29 |
6,250 | 6,886,721 | ||||||
|
Series A, 5.00%, 01/01/31 |
15,000 | 17,018,776 | ||||||
|
Series A, 5.00%, 01/01/34 (Call 01/01/27) |
10,000 | 10,596,224 | ||||||
|
Series A, 5.00%, 12/01/34 (Call 06/01/25) |
2,500 | 2,564,418 | ||||||
|
Series A, 5.00%, 01/01/37 (Call 01/01/28) |
1,955 | 2,078,462 | ||||||
|
Series A, 5.00%, 01/01/38 (Call 01/01/27) |
5,100 | 5,317,179 | ||||||
|
Series A, 5.00%, 01/01/45 (Call 01/01/31) |
19,750 | 21,042,861 | ||||||
|
Series A, 5.00%, 12/01/45 (Call 06/01/25) |
6,000 | 6,148,486 | ||||||
|
State of Arizona COP, Series A, 5.00%, 10/01/28 |
3,050 | 3,307,971 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
21 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| Arizona (continued) | ||||||||
|
State of Arizona Lottery Revenue RB, 5.00%, 07/01/25 |
$ | 1,500 | $ | 1,543,027 | ||||
|
|
|
|||||||
| 295,062,041 | ||||||||
| Arkansas — 0.0% | ||||||||
|
State of Arkansas GO, 5.00%, 04/01/26 (Call 10/01/24) |
1,815 | 1,843,977 | ||||||
|
|
|
|||||||
| California — 19.4% | ||||||||
|
Acalanes Union High School District GO, Series A, 0.00%, 08/01/39 (Call 08/01/29) |
3,000 | 3,201,463 | ||||||
|
Alameda Corridor Transportation Authority RB |
||||||||
|
0.00%, 10/01/47 (Call 10/01/37) |
1,500 | 766,327 | ||||||
|
0.00%, 10/01/48 (Call 10/01/37) |
1,335 | 680,160 | ||||||
|
0.00%, 10/01/49 (Call 10/01/37) |
1,335 | 680,160 | ||||||
|
0.00%, 10/01/50 (Call 10/01/37) |
1,430 | 727,560 | ||||||
|
0.00%, 10/01/51 (Call 10/01/37) (AGM) |
2,500 | 1,289,558 | ||||||
|
5.00%, 10/01/52 (Call 10/01/32) (AGM) |
715 | 756,174 | ||||||
|
Series B, 5.00%, 10/01/34 (Call 10/01/26) |
2,000 | 2,046,458 | ||||||
|
Series B, 5.00%, 10/01/36 (Call 10/01/26) |
2,785 | 2,829,221 | ||||||
|
Series B, 5.00%, 10/01/36 (Call 10/01/26) (AGM) |
1,000 | 1,032,694 | ||||||
|
Series B, 5.00%, 10/01/37 (Call 10/01/26) |
4,950 | 5,005,476 | ||||||
|
Alameda County Transportation Commission RB, 5.00%, 03/01/45 (Call 03/01/32) |
6,955 | 7,593,009 | ||||||
|
Alameda Unified School District-Alameda County/CA GO, Series C, 3.00%, 08/01/42 (Call 08/01/27) |
11,425 | 9,126,982 | ||||||
|
Allan Hancock Joint Community College District/CA GO |
||||||||
|
Series C, 0.00%, 08/01/44 (Call 08/01/38) |
7,500 | 5,030,611 | ||||||
|
Series C, 0.00%, 08/01/47 (Call 08/01/40) |
6,000 | 4,033,516 | ||||||
|
Alvord Unified School District GO |
||||||||
|
Series B, 0.00%, 08/01/36 (AGM)(a) |
2,000 | 1,138,911 | ||||||
|
Series B, 0.00%, 08/01/43 (AGM)(a) |
6,415 | 2,484,301 | ||||||
|
Anaheim Public Financing Authority RB, Series C, 0.00%, 09/01/32 (AGM)(a) |
3,040 | 2,149,206 | ||||||
|
Antelope Valley Community College District GO, Series B, 4.00%, 08/01/45 (Call 08/01/30) |
6,500 | 6,357,716 | ||||||
|
Bay Area Toll Authority RB |
||||||||
|
4.00%, 04/01/29 (Call 04/01/27) |
6,500 | 6,728,372 | ||||||
|
4.00%, 04/01/33 (Call 04/01/27) |
1,800 | 1,846,167 | ||||||
|
4.00%, 04/01/37 (Call 04/01/27) |
7,705 | 7,751,943 | ||||||
|
4.00%, 04/01/38 (Call 04/01/27) |
22,620 | 22,710,369 | ||||||
|
4.00%, 04/01/42 (Call 04/01/27) |
4,500 | 4,468,167 | ||||||
|
4.00%, 04/01/47 (Call 04/01/27) |
26,445 | 25,901,463 | ||||||
|
5.00%, 04/01/28 |
1,600 | 1,750,667 | ||||||
|
5.00%, 04/01/54 (Call 04/01/33) |
35,000 | 37,729,825 | ||||||
|
5.25%, 04/01/54 (Call 04/01/33) |
10,000 | 11,018,836 | ||||||
|
VRDN, 2.13%, 04/01/53 (Put 10/01/24)(b) |
2,000 | 1,946,078 | ||||||
|
VRDN, 2.75%, 04/01/55 (Put 08/31/23)(b) |
44,345 | 44,345,000 | ||||||
|
VRDN, 3.02%, 04/01/55 (Put 08/31/23)(b) |
25,000 | 25,000,000 | ||||||
|
Series A, VRDN, 2.95%, 04/01/47 (Put 10/01/25)(b) |
960 | 936,640 | ||||||
|
Series B, VRDN, 2.85%, 04/01/47 (Put 10/01/24)(b) |
3,855 | 3,798,460 | ||||||
|
Series F-1, 4.00%, 04/01/56 (Call 04/01/27) |
2,600 | 2,512,405 | ||||||
|
Series F-1, 5.00%, 04/01/54 (PR 04/01/24) |
3,025 | 3,057,088 | ||||||
|
Series H, 5.00%, 04/01/44 (Call 04/01/29) |
2,000 | 2,237,933 | ||||||
|
Series H, 5.00%, 04/01/49 (Call 04/01/29) |
2,000 | 2,237,933 | ||||||
|
Series S-6, 5.00%, 10/01/54 (PR 10/01/24) |
7,310 | 7,460,300 | ||||||
|
Series S-8, 5.00%, 04/01/56 (PR 10/01/29) |
9,000 | 10,151,003 | ||||||
|
Beverly Hills Unified School District CA GO, Series 2008, 0.00%, 08/01/33(a) |
1,000 | 700,283 | ||||||
|
California Educational Facilities Authority RB |
||||||||
|
5.00%, 04/01/45 (Call 04/01/25) |
2,000 | 2,024,328 | ||||||
|
5.00%, 10/01/49 (PR 04/01/26) |
500 | 524,776 | ||||||
|
5.00%, 04/01/51 |
5,000 | 5,689,035 | ||||||
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
5.25%, 04/01/40 |
$ | 21,000 | $ | 24,725,190 | ||||
|
Series T-1, 5.00%, 03/15/39 |
1,015 | 1,167,190 | ||||||
|
Series U-2, 5.00%, 10/01/32 |
5,000 | 5,940,889 | ||||||
|
Series U-6, 5.00%, 05/01/45 |
14,130 | 16,084,575 | ||||||
|
Series U-7, 5.00%, 06/01/46 |
17,250 | 19,633,220 | ||||||
|
Series V-1, 5.00%, 05/01/49 |
15,000 | 17,060,157 | ||||||
|
California Infrastructure & Economic Development Bank RB |
||||||||
|
4.00%, 10/01/45 (Call 10/01/32) |
10,000 | 9,800,177 | ||||||
|
4.00%, 10/01/46 (Call 10/01/32) |
33,860 | 33,084,775 | ||||||
|
5.00%, 10/01/23 |
5,180 | 5,186,741 | ||||||
|
5.00%, 10/01/26 |
1,345 | 1,427,288 | ||||||
|
5.00%, 10/01/28 |
2,655 | 2,935,882 | ||||||
|
5.00%, 10/01/36 (Call 04/01/27) |
5,050 | 5,373,707 | ||||||
|
5.00%, 05/15/42 (Call 05/15/28) |
1,500 | 1,580,277 | ||||||
|
5.00%, 10/01/43 (Call 04/01/28) |
3,620 | 3,830,591 | ||||||
|
5.00%, 08/01/44 (Call 08/01/29) |
3,800 | 4,038,936 | ||||||
|
5.00%, 08/01/49 (Call 08/01/29) |
4,375 | 4,613,428 | ||||||
|
5.00%, 10/01/52 (Call 10/01/32) |
7,550 | 8,192,063 | ||||||
|
Series A, 4.00%, 10/01/45 (PR 10/01/26) |
1,500 | 1,547,546 | ||||||
|
Series A, 5.00%, 07/01/33 (PR 01/01/28) (AMBAC) |
2,000 | 2,178,758 | ||||||
|
Series A, 5.00%, 07/01/36 (PR 01/01/28) (AMBAC) |
500 | 544,690 | ||||||
|
Series A, 5.00%, 10/01/41 (PR 10/01/26) |
1,010 | 1,071,487 | ||||||
|
Series A, 5.13%, 07/01/37 (Call 07/01/26) (AMBAC) |
5,710 | 6,044,224 | ||||||
|
California Municipal Finance Authority RB |
||||||||
|
5.00%, 01/01/48 (PR 01/01/28) |
1,000 | 1,091,936 | ||||||
|
Series A, 5.00%, 06/01/42 (Call 06/01/27) |
2,110 | 2,196,076 | ||||||
|
California School Facilities Financing Authority RB, 0.00%, 08/01/49 (AGM)(a) |
4,490 | 1,142,493 | ||||||
|
California State Public Works Board RB |
||||||||
|
3.00%, 09/01/31 (Call 09/01/27) |
3,050 | 2,951,382 | ||||||
|
4.00%, 04/01/31 (Call 10/01/26) |
10,305 | 10,499,142 | ||||||
|
4.00%, 11/01/36 (Call 11/01/31) |
1,000 | 1,038,647 | ||||||
|
4.00%, 11/01/41 (Call 11/01/31) |
1,520 | 1,487,590 | ||||||
|
5.00%, 05/01/25 |
3,500 | 3,609,060 | ||||||
|
5.00%, 08/01/26 |
3,000 | 3,172,156 | ||||||
|
5.00%, 08/01/30 |
1,785 | 2,025,275 | ||||||
|
5.00%, 11/01/33 (Call 11/01/31) |
2,000 | 2,305,189 | ||||||
|
Series A, 5.00%, 02/01/26 |
6,200 | 6,485,840 | ||||||
|
Series A, 5.00%, 09/01/27 (Call 09/01/24) |
2,175 | 2,213,650 | ||||||
|
Series A, 5.00%, 09/01/28 (Call 09/01/24) |
2,600 | 2,646,457 | ||||||
|
Series A, 5.00%, 02/01/29 |
3,000 | 3,326,028 | ||||||
|
Series A, 5.00%, 09/01/32 (Call 09/01/24) |
1,540 | 1,564,805 | ||||||
|
Series A, 5.00%, 09/01/39 (Call 09/01/24) |
17,245 | 17,489,131 | ||||||
|
Series B, 4.00%, 05/01/41 (Call 05/01/31) |
3,670 | 3,593,207 | ||||||
|
Series B, 4.00%, 05/01/46 (Call 05/01/31) |
10,865 | 10,360,799 | ||||||
|
Series B, 5.00%, 10/01/25 |
1,960 | 2,036,264 | ||||||
|
Series B, 5.00%, 10/01/39 (Call 10/01/24) |
2,750 | 2,792,261 | ||||||
|
Series C, 5.00%, 11/01/32 (Call 11/01/29) |
9,220 | 10,329,996 | ||||||
|
Series C, 5.00%, 11/01/33 (Call 11/01/26) |
4,230 | 4,479,313 | ||||||
|
Series C, 5.00%, 11/01/34 (Call 11/01/26) |
1,000 | 1,058,291 | ||||||
|
Series F, 5.00%, 05/01/25 |
6,595 | 6,800,501 | ||||||
|
Series F, 5.00%, 05/01/26 (Call 05/01/25) |
3,215 | 3,308,967 | ||||||
|
Series I, 5.00%, 11/01/38 (Call 11/01/23) |
6,830 | 6,841,704 | ||||||
|
Series I, 5.50%, 11/01/33 (Call 11/01/23) |
3,000 | 3,008,710 | ||||||
|
California State University RB |
||||||||
|
5.25%, 11/01/48 (Call 11/01/33) |
1,840 | 2,046,591 | ||||||
|
Series A, 4.00%, 11/01/34 (Call 11/01/25) |
2,000 | 2,023,469 | ||||||
|
Series A, 4.00%, 11/01/34 (Call 05/01/26) |
1,000 | 1,013,582 | ||||||
|
Series A, 4.00%, 11/01/35 (Call 05/01/26) |
17,870 | 18,061,679 | ||||||
| 22 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
Series A, 4.00%, 11/01/37 (Call 05/01/26) |
$ | 3,625 | $ | 3,630,443 | ||||
|
Series A, 4.00%, 11/01/38 (Call 05/01/26) |
13,215 | 13,215,749 | ||||||
|
Series A, 4.00%, 11/01/45 (Call 05/01/26) |
8,300 | 8,026,606 | ||||||
|
Series A, 5.00%, 11/01/24 |
4,015 | 4,103,607 | ||||||
|
Series A, 5.00%, 11/01/24 (PR 11/01/23) |
2,445 | 2,451,542 | ||||||
|
Series A, 5.00%, 11/01/25 (Call 11/01/23) |
1,425 | 1,428,813 | ||||||
|
Series A, 5.00%, 11/01/28 (PR 11/01/24) |
6,000 | 6,128,975 | ||||||
|
Series A, 5.00%, 11/01/29 (PR 11/01/24) |
4,535 | 4,632,484 | ||||||
|
Series A, 5.00%, 11/01/30 (Call 11/01/25) |
3,000 | 3,122,916 | ||||||
|
Series A, 5.00%, 11/01/31 (Call 05/01/26) |
500 | 525,335 | ||||||
|
Series A, 5.00%, 11/01/31 (Call 05/01/27) |
1,500 | 1,609,134 | ||||||
|
Series A, 5.00%, 11/01/32 (Call 05/01/26) |
2,000 | 2,100,530 | ||||||
|
Series A, 5.00%, 11/01/32 (PR 11/01/24) |
14,560 | 14,872,980 | ||||||
|
Series A, 5.00%, 11/01/33 (Call 11/01/25) |
1,500 | 1,553,908 | ||||||
|
Series A, 5.00%, 11/01/33 (PR 11/01/24) |
2,500 | 2,553,740 | ||||||
|
Series A, 5.00%, 11/01/34 (Call 11/01/24) |
2,950 | 3,013,413 | ||||||
|
Series A, 5.00%, 11/01/35 (Call 11/01/25) |
3,000 | 3,103,152 | ||||||
|
Series A, 5.00%, 11/01/36 (Call 05/01/27) |
1,960 | 2,079,207 | ||||||
|
Series A, 5.00%, 11/01/38 (Call 11/01/25) |
3,150 | 3,245,418 | ||||||
|
Series A, 5.00%, 11/01/39 (PR 11/01/24) |
900 | 919,347 | ||||||
|
Series A, 5.00%, 11/01/41 (Call 05/01/26) |
1,005 | 1,041,135 | ||||||
|
Series A, 5.00%, 11/01/42 (Call 05/01/27) |
8,450 | 8,829,050 | ||||||
|
Series A, 5.00%, 11/01/43 (Call 11/01/25) |
1,500 | 1,536,735 | ||||||
|
Series A, 5.00%, 11/01/43 (Call 11/01/28) |
3,000 | 3,186,924 | ||||||
|
Series A, 5.00%, 11/01/44 (Call 11/01/29) |
2,000 | 2,129,584 | ||||||
|
Series A, 5.00%, 11/01/44 (PR 11/01/24) |
700 | 715,047 | ||||||
|
Series A, 5.00%, 11/01/45 (Call 05/01/26) |
8,100 | 8,344,947 | ||||||
|
Series A, 5.00%, 11/01/47 (Call 05/01/27) |
18,900 | 19,639,489 | ||||||
|
Series A, 5.00%, 11/01/48 (Call 11/01/28) |
10,875 | 11,494,499 | ||||||
|
Series A, 5.00%, 11/01/49 (Call 11/01/29) |
2,150 | 2,269,860 | ||||||
|
Series C, 3.00%, 11/01/51 (Call 11/01/30) |
4,000 | 2,922,301 | ||||||
|
Series C, 4.00%, 11/01/45 (Call 11/01/30) |
3,940 | 3,832,336 | ||||||
|
California Statewide Communities Development Authority RB, Series A, 5.00%, 05/15/42 (Call 05/15/27) |
500 | 505,506 | ||||||
|
Campbell Union High School District GO, Series B, 4.00%, 08/01/38 (PR 08/01/26) |
1,000 | 1,032,267 | ||||||
|
Cerritos Community College District GO |
||||||||
|
Series A, 4.00%, 08/01/44 (Call 08/01/24) |
1,750 | 1,718,541 | ||||||
|
Series A, 5.00%, 08/01/39 (Call 08/01/24) |
6,065 | 6,139,219 | ||||||
|
Chabot-Las Positas Community College District GO |
||||||||
|
4.00%, 08/01/33 (Call 08/01/26) |
2,000 | 2,037,519 | ||||||
|
4.00%, 08/01/34 (Call 08/01/26) |
2,845 | 2,884,012 | ||||||
|
Series A, 4.00%, 08/01/42 (Call 08/01/27) |
5,000 | 4,892,662 | ||||||
|
Chaffey Community College District GO, Series A, |
||||||||
|
5.00%, 06/01/48 (Call 06/01/28) |
2,300 | 2,418,102 | ||||||
|
Chaffey Joint Union High School District GO |
||||||||
|
4.00%, 08/01/47 (Call 02/01/27) |
10,000 | 9,648,175 | ||||||
|
5.25%, 08/01/52 (Call 08/01/32) |
20,895 | 22,906,085 | ||||||
|
Series B, 4.00%, 08/01/44 (Call 02/01/25) |
2,000 | 1,955,818 | ||||||
|
Chino Basin Regional Financing Authority RB, Series B, 4.00%, 11/01/25 (Call 08/01/25) |
4,680 | 4,755,085 | ||||||
|
City & County of San Francisco CA GO |
||||||||
|
Series C, 4.00%, 06/15/35 (Call 06/15/24) |
8,825 | 8,858,438 | ||||||
|
Series R, 5.00%, 06/15/28 |
5,500 | 6,069,405 | ||||||
|
Series R, 5.00%, 06/15/29 |
1,000 | 1,123,673 | ||||||
|
Series R, 5.00%, 06/15/30 |
1,250 | 1,430,171 | ||||||
|
Series R, 5.00%, 06/15/31 |
750 | 873,366 | ||||||
|
Series R, 5.00%, 06/15/32 |
500 | 590,273 | ||||||
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
City of Long Beach CA Harbor Revenue RB |
||||||||
|
Series A, 5.00%, 05/15/49 (Call 05/15/29) |
$ | 4,190 | $ | 4,420,491 | ||||
|
Series C, 5.00%, 05/15/47 (Call 05/15/27) |
1,000 | 1,042,091 | ||||||
|
City of Los Angeles CA, 5.00%, 06/27/24 |
20,000 | 20,304,974 | ||||||
|
City of Los Angeles CA Wastewater System Revenue RB |
||||||||
|
5.00%, 06/01/44 (Call 06/01/25) |
4,630 | 4,715,246 | ||||||
|
Series A, 5.00%, 06/01/26 (Call 09/21/23) |
1,000 | 1,000,891 | ||||||
|
Series A, 5.00%, 06/01/34 (Call 09/21/23) |
1,000 | 1,000,732 | ||||||
|
Series A, 5.00%, 06/01/43 (Call 09/21/23) |
12,695 | 12,697,427 | ||||||
|
Series A, 5.00%, 06/01/43 (Call 06/01/28) |
1,500 | 1,592,903 | ||||||
|
Series A, 5.00%, 06/01/47 (Call 06/01/32) |
3,500 | 3,785,623 | ||||||
|
Series A, 5.25%, 06/01/47 (Call 06/01/27) |
1,500 | 1,570,857 | ||||||
|
Series C, 5.00%, 06/01/29 |
11,405 | 12,748,540 | ||||||
|
Series C, 5.00%, 06/01/30 |
20,000 | 22,721,430 | ||||||
|
Series C, 5.00%, 06/01/32 |
8,000 | 9,377,993 | ||||||
|
Series C, 5.00%, 06/01/45 (Call 06/01/25) |
1,000 | 1,018,769 | ||||||
|
City of Los Angeles Department of Airports RB |
||||||||
|
5.00%, 05/15/48 (Call 05/15/29) |
1,500 | 1,585,029 | ||||||
|
Series A, 5.00%, 05/15/30 (Call 11/15/29) |
4,015 | 4,537,766 | ||||||
|
Series A, 5.00%, 05/15/31 (Call 11/15/29) |
1,500 | 1,696,717 | ||||||
|
Series A, 5.00%, 05/15/35 (Call 11/15/29) |
1,500 | 1,677,887 | ||||||
|
Series A, 5.00%, 05/15/36 (Call 11/15/29) |
1,500 | 1,665,072 | ||||||
|
Series A, 5.00%, 05/15/38 (Call 11/15/29) |
2,000 | 2,189,564 | ||||||
|
Series A, 5.00%, 05/15/39 (Call 11/15/29) |
1,450 | 1,581,921 | ||||||
|
Series A, 5.00%, 05/15/40 (Call 11/15/29) |
1,000 | 1,085,293 | ||||||
|
Series B, 4.00%, 05/15/39 (Call 05/15/30) |
5,000 | 5,023,131 | ||||||
|
Series B, 4.00%, 05/15/40 (Call 05/15/30) |
3,900 | 3,902,632 | ||||||
|
Series B, 5.00%, 05/15/24 |
2,000 | 2,024,721 | ||||||
|
Series B, 5.00%, 05/15/25 |
2,000 | 2,061,492 | ||||||
|
Series B, 5.00%, 05/15/29 |
2,000 | 2,241,720 | ||||||
|
Series B, 5.00%, 05/15/32 (Call 05/15/30) |
2,000 | 2,277,800 | ||||||
|
Series B, 5.00%, 05/15/42 (Call 05/15/27) |
4,390 | 4,599,072 | ||||||
|
Series B, 5.00%, 05/15/45 (Call 05/15/31) |
7,000 | 7,581,930 | ||||||
|
Series C, 5.00%, 05/15/38 (Call 05/15/25) |
3,100 | 3,180,073 | ||||||
|
Series D, 5.00%, 05/15/44 (Call 05/15/30) |
2,920 | 3,144,412 | ||||||
|
Series E, 5.00%, 05/15/44 (Call 11/15/28) |
2,000 | 2,122,441 | ||||||
|
City of Riverside CA Electric Revenue RB, Series A, 5.00%, 10/01/48 (Call 04/01/29) |
6,895 | 7,292,152 | ||||||
|
City of Riverside CA Sewer Revenue RB, Series A, 5.00%, 08/01/40 (Call 08/01/25) |
1,690 | 1,733,990 | ||||||
|
City of Riverside CA Water Revenue RB |
||||||||
|
5.00%, 10/01/47 (Call 10/01/32) |
6,890 | 7,453,765 | ||||||
|
5.00%, 10/01/52 (Call 10/01/32) |
8,800 | 9,464,694 | ||||||
|
City of San Francisco CA Public Utilities Commission Water Revenue RB |
||||||||
|
5.00%, 11/01/25 (Call 05/01/25) |
3,610 | 3,717,365 | ||||||
|
5.00%, 11/01/27 |
3,010 | 3,270,219 | ||||||
|
5.00%, 11/01/27 (Call 11/01/26) |
4,575 | 4,872,973 | ||||||
|
5.00%, 11/01/29 (Call 11/01/26) |
3,000 | 3,194,562 | ||||||
|
5.00%, 11/01/32 (Call 05/01/25) |
2,000 | 2,059,979 | ||||||
|
5.00%, 11/01/33 |
3,000 | 3,569,211 | ||||||
|
5.00%, 11/01/34 (11/01/33) |
3,000 | 3,563,102 | ||||||
|
5.00%, 11/01/34 (Call 11/01/26) |
1,000 | 1,062,578 | ||||||
|
5.00%, 11/01/35 (11/01/33) |
3,000 | 3,536,242 | ||||||
|
5.00%, 11/01/36 (11/01/33) |
3,000 | 3,504,132 | ||||||
|
5.00%, 11/01/36 (Call 05/01/25) |
1,255 | 1,286,154 | ||||||
|
Series A, 4.00%, 11/01/39 (Call 11/01/26) |
8,995 | 9,041,959 | ||||||
|
Series A, 5.00%, 11/01/33 (Call 11/01/26) |
2,000 | 2,126,458 | ||||||
|
Series A, 5.00%, 11/01/50 (Call 11/01/30) |
14,345 | 15,280,760 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
23 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
Series B, 5.00%, 11/01/50 (Call 11/01/27) |
$ | 3,500 | $ | 3,640,218 | ||||
|
Series C, 4.00%, 11/01/50 (Call 11/01/30) |
4,000 | 3,874,776 | ||||||
|
Series D, 5.00%, 11/01/34 (Call 11/01/27) |
2,000 | 2,164,964 | ||||||
|
Series REF, 5.00%, 11/01/31 (Call 05/01/25) |
2,000 | 2,060,486 | ||||||
|
City of San Jose CA GO |
||||||||
|
5.00%, 09/01/46 (03/01/31) |
7,385 | 7,971,308 | ||||||
|
Series A, 5.00%, 09/01/41 (Call 03/01/31) |
1,500 | 1,640,026 | ||||||
|
Series A, 5.00%, 09/01/42 (Call 03/01/31) |
3,900 | 4,247,596 | ||||||
|
Series A, 5.00%, 09/01/44 (Call 03/01/31) |
4,015 | 4,352,888 | ||||||
|
Series A-1, 5.00%, 09/01/45 (Call 03/01/29) |
13,000 | 13,828,756 | ||||||
|
Clovis Unified School District GO |
||||||||
|
4.00%, 08/01/40 (Call 08/01/25) |
420 | 413,784 | ||||||
|
4.00%, 08/01/40 (PR 08/01/25) |
580 | 590,055 | ||||||
|
Coast Community College District GO |
||||||||
|
0.00%, 08/01/34 (Call 08/01/25)(a) |
2,000 | 1,278,498 | ||||||
|
4.00%, 08/01/32 (Call 08/15/25) |
4,705 | 4,788,222 | ||||||
|
5.00%, 08/01/29 (PR 08/15/25) |
2,000 | 2,072,847 | ||||||
|
5.00%, 08/01/36 (PR 08/01/27) |
7,795 | 8,448,282 | ||||||
|
Series B, 0.00%, 08/01/27 (AGM)(a) |
6,475 | 5,677,159 | ||||||
|
Series B, 0.00%, 08/01/28 (AGM)(a) |
7,075 | 5,995,978 | ||||||
|
Series D, 4.00%, 08/01/42 (Call 08/01/27) |
2,000 | 1,969,937 | ||||||
|
Series F, 0.00%, 08/01/41 (Call 08/01/29)(a) |
1,000 | 433,147 | ||||||
|
Series F, 0.00%, 08/01/42 (Call 08/01/29)(a) |
1,000 | 410,065 | ||||||
|
Contra Costa Community College District GO, Series 2014-A, 4.00%, 08/01/39 (Call 08/01/24) |
29,830 | 29,604,491 | ||||||
|
Contra Costa Water District RB, Series W, 5.00%, 10/01/51 (Call 10/01/31) |
3,200 | 3,431,006 | ||||||
|
County of Los Angeles CA, 5.00%, 06/28/24 |
11,110 | 11,277,841 | ||||||
|
County of Riverside CA, 5.00%, 06/28/24 |
6,665 | 6,765,689 | ||||||
|
County of Sacramento CA Airport System Revenue RB, Series A, 5.00%, 07/01/41 (Call 07/01/26) |
3,500 | 3,609,484 | ||||||
|
County of Santa Clara CA GO |
||||||||
|
Series B, 5.00%, 08/01/34 (Call 08/01/32) |
4,000 | 4,696,094 | ||||||
|
Series C, 4.00%, 08/01/38 (Call 08/01/27) |
3,015 | 3,030,308 | ||||||
|
Desert Community College District GO, 4.00%, 08/01/39 (Call 08/01/27) |
8,000 | 8,024,477 | ||||||
|
East Bay Municipal Utility District Water System Revenue RB |
||||||||
|
5.00%, 06/01/36 (Call 06/01/32) |
1,180 | 1,356,711 | ||||||
|
Series A, 4.00%, 06/01/34 (Call 06/01/25) |
14,315 | 14,450,484 | ||||||
|
Series A, 5.00%, 06/01/27 (Call 06/01/25) |
4,000 | 4,139,651 | ||||||
|
Series A, 5.00%, 06/01/35 (Call 06/01/32) |
17,000 | 19,804,959 | ||||||
|
Series A, 5.00%, 06/01/36 (Call 06/01/25) |
1,925 | 1,980,325 | ||||||
|
Series A, 5.00%, 06/01/36 (Call 06/01/32) |
12,000 | 13,797,056 | ||||||
|
Series A, 5.00%, 06/01/37 (Call 06/01/32) |
10,000 | 11,343,987 | ||||||
|
Series A, 5.00%, 06/01/42 (Call 06/01/27) |
11,705 | 12,248,983 | ||||||
|
Series A, 5.00%, 06/01/45 (Call 06/01/27) |
7,240 | 7,555,795 | ||||||
|
Series A, 5.00%, 06/01/49 (Call 06/01/29) |
4,750 | 5,073,326 | ||||||
|
Series B, 5.00%, 06/01/25 |
3,610 | 3,728,972 | ||||||
|
Series B, 5.00%, 06/01/31 (Call 06/01/27) |
2,000 | 2,162,745 | ||||||
|
Series B, 5.00%, 06/01/34 |
3,035 | 3,659,211 | ||||||
|
Series B, 5.00%, 06/01/34 (Call 06/01/27) |
2,800 | 3,026,211 | ||||||
|
Series B, 5.00%, 06/01/35 (Call 06/01/32) |
2,950 | 3,436,743 | ||||||
|
Series B, 5.00%, 06/01/36 (Call 06/01/27) |
2,105 | 2,255,415 | ||||||
|
Series B, 5.00%, 06/01/37 (Call 06/01/32) |
4,400 | 4,991,354 | ||||||
|
Eastern Municipal Water District Financing Authority RB |
||||||||
|
Series A, 4.00%, 07/01/38 (Call 07/01/30) |
7,125 | 7,145,578 | ||||||
|
Series D, 5.00%, 07/01/47 (Call 07/01/27) |
1,500 | 1,569,835 | ||||||
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
El Camino Community College District Foundation (The) GO |
||||||||
|
0.00%, 08/01/29(a) |
$ | 6,000 | $ | 4,898,615 | ||||
|
Series A, 4.00%, 08/01/41 (Call 08/01/26) |
6,985 | 6,901,883 | ||||||
|
Series A, 4.00%, 08/01/45 (Call 08/01/26) |
2,000 | 1,947,565 | ||||||
|
Series C, 0.00%, 08/01/32(a) |
200 | 145,180 | ||||||
|
Series C, 0.00%, 08/01/34(a) |
8,415 | 5,603,060 | ||||||
|
El Dorado Irrigation District COP, Series A, 4.00%, 03/01/45 (Call 03/01/30) |
5,000 | 4,839,195 | ||||||
|
El Dorado Irrigation District RB, Series A, 5.00%, 03/01/34 (PR 03/01/24) (AGM) |
500 | 504,689 | ||||||
|
Elk Grove Unified School District GO |
||||||||
|
2.00%, 08/01/34 (Call 08/01/30) |
3,000 | 2,465,107 | ||||||
|
2.00%, 08/01/35 (Call 08/01/30) |
5,930 | 4,727,113 | ||||||
|
4.00%, 08/01/46 (Call 08/01/26) |
2,640 | 2,543,599 | ||||||
|
Series 2016, 4.00%, 08/01/46 (Call 08/01/26) |
3,000 | 2,890,454 | ||||||
|
Escondido Union High School District GO |
||||||||
|
Series C, 0.00%, 08/01/46(a) |
1,905 | 636,640 | ||||||
|
Series C, 0.00%, 08/01/51(a) |
2,850 | 721,454 | ||||||
|
Foothill-De Anza Community College District GO |
||||||||
|
0.00%, 08/01/33 (AMBAC)(a) |
3,805 | 2,690,633 | ||||||
|
4.00%, 08/01/40 (Call 08/01/26) |
4,000 | 3,959,638 | ||||||
|
Series A, 0.00%, 08/01/34(a) |
2,500 | 1,693,371 | ||||||
|
Foothill-Eastern Transportation Corridor Agency RB |
||||||||
|
0.00%, 01/15/34 (AGM)(a) |
4,500 | 2,996,682 | ||||||
|
0.00%, 01/15/35 (AGM)(a) |
1,700 | 1,076,621 | ||||||
|
Series A, 0.00%, 01/01/25 (ETM)(a) |
200 | 191,538 | ||||||
|
Series A, 0.00%, 01/01/26 (ETM)(a) |
1,500 | 1,391,795 | ||||||
|
Series A, 0.00%, 01/01/28 (ETM)(a) |
4,450 | 3,902,680 | ||||||
|
Series A, 0.00%, 01/01/30 (ETM)(a) |
1,000 | 826,440 | ||||||
|
Series A, 0.00%, 01/15/36 (AGM)(a) |
2,000 | 1,196,529 | ||||||
|
Series A, 0.00%, 01/15/37 (AGM)(a) |
1,000 | 559,796 | ||||||
|
Series A, 4.00%, 01/15/46 (Call 01/15/31) |
44,700 | 41,849,329 | ||||||
|
Series A, 5.00%, 01/15/42 (Call 01/15/24) (AGM) |
2,000 | 2,005,628 | ||||||
|
Series A, 6.00%, 01/15/49 (PR 01/15/24) |
6,500 | 6,568,036 | ||||||
|
Series A, 6.00%, 01/15/53 (PR 01/15/24) |
5,125 | 5,178,644 | ||||||
|
Series B-1, VRDN, 3.95%, 01/15/53 (Call 07/15/27)(b) |
1,800 | 1,607,058 | ||||||
|
Fremont Union High School District GO |
||||||||
|
4.00%, 08/01/40 (Call 08/01/24) |
2,000 | 1,991,914 | ||||||
|
4.00%, 08/01/44 (Call 08/01/24) |
15,000 | 14,749,333 | ||||||
|
4.00%, 08/01/48 (Call 08/01/31) |
9,000 | 8,726,065 | ||||||
|
5.00%, 08/01/40 (Call 08/01/24) |
5,000 | 5,083,855 | ||||||
|
Series A, 3.00%, 08/01/40 (Call 08/01/29) |
3,825 | 3,176,788 | ||||||
|
Series A, 4.00%, 08/01/46 (Call 08/01/27) |
2,660 | 2,601,001 | ||||||
|
Series A, 5.00%, 08/01/44 (Call 08/01/27) |
2,000 | 2,092,149 | ||||||
|
Gilroy Unified School District GO, 4.00%, 08/01/46 (Call 08/01/26) |
5,000 | 4,796,190 | ||||||
|
Glendale Unified School District/CA GO, Series B, 4.00%, 09/01/41 (PR 09/01/25) |
1,650 | 1,680,047 | ||||||
|
Hayward Area Recreation & Park District GO, Series A, 4.00%, 08/01/46 (Call 08/01/27) |
8,950 | 8,687,024 | ||||||
|
Hayward Unified School District GO, Series A, 5.00%, 08/01/44 (Call 08/01/28) (BAM) |
2,300 | 2,420,304 | ||||||
|
Irvine Ranch Water District Water Service Corp |
||||||||
|
5.00%, 03/01/41 (Call 09/01/26) |
6,000 | 6,248,430 | ||||||
|
5.25%, 02/01/41 (Call 08/01/26) |
10,360 | 10,860,883 | ||||||
|
Lodi Unified School District/CA GO, 3.00%, 08/01/43 (Call 08/01/27) |
7,500 | 5,935,330 | ||||||
| 24 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
Long Beach Community College District GO |
||||||||
|
0.00%, 06/01/29 (AGM)(a) |
$ | 5,420 | $ | 4,470,890 | ||||
|
4.00%, 08/01/41 (Call 08/01/26) |
3,590 | 3,574,357 | ||||||
|
Series B, 0.00%, 08/01/49 (Call 08/01/42) |
2,000 | 1,298,094 | ||||||
|
Series C, 4.00%, 08/01/49 (Call 08/01/28) |
10,675 | 10,379,913 | ||||||
|
Long Beach Unified School District GO |
||||||||
|
3.00%, 08/01/37 (Call 08/01/29) |
2,420 | 2,125,184 | ||||||
|
3.00%, 08/01/41 (Call 08/01/29) |
4,650 | 3,824,413 | ||||||
|
3.00%, 08/01/47 (Call 08/01/29) |
25,500 | 19,570,261 | ||||||
|
4.00%, 08/01/48 (Call 08/01/33) |
11,845 | 11,395,849 | ||||||
|
5.00%, 08/01/35 (Call 08/01/26) |
3,000 | 3,169,678 | ||||||
|
5.00%, 08/01/44 (Call 08/01/33) |
5,000 | 5,524,835 | ||||||
|
Series A, 4.00%, 08/01/38 (Call 08/01/26) |
10,300 | 10,325,061 | ||||||
|
Series B, 3.00%, 08/01/48 (Call 08/01/29) |
5,000 | 3,786,641 | ||||||
|
Series B, 3.00%, 08/01/50 (Call 08/01/29) |
6,000 | 4,422,901 | ||||||
|
Series D-1, 0.00%, 08/01/39 (Call 02/01/25)(a) |
800 | 383,322 | ||||||
|
Series F, 4.00%, 08/01/36 (Call 08/01/29) |
4,195 | 4,262,169 | ||||||
|
Los Angeles Community College District/CA GO |
||||||||
|
4.00%, 08/01/37 (Call 08/01/26) |
8,815 | 8,876,168 | ||||||
|
5.00%, 08/01/25 |
10,060 | 10,441,930 | ||||||
|
5.00%, 08/01/26 |
10,000 | 10,585,309 | ||||||
|
5.00%, 08/01/36 (Call 08/01/32) |
2,030 | 2,340,447 | ||||||
|
5.00%, 08/01/37 (Call 08/01/32) |
1,005 | 1,147,076 | ||||||
|
5.00%, 08/01/38 (Call 08/01/26) |
1,325 | 1,386,180 | ||||||
|
Series A, 4.00%, 08/01/32 (PR 08/01/24) |
1,000 | 1,008,808 | ||||||
|
Series A, 4.00%, 08/01/33 (PR 08/01/24) |
2,960 | 2,986,072 | ||||||
|
Series A, 5.00%, 08/01/27 (PR 08/01/24) |
3,400 | 3,460,079 | ||||||
|
Series A, 5.00%, 08/01/29 (PR 08/01/24) |
10,505 | 10,690,628 | ||||||
|
Series C, 5.00%, 06/01/26 |
1,000 | 1,054,623 | ||||||
|
Series J, 4.00%, 08/01/37 (Call 08/01/27) |
2,500 | 2,526,620 | ||||||
|
Series J, 4.00%, 08/01/41 (Call 08/01/27) |
5,000 | 4,934,756 | ||||||
|
Series K, 3.00%, 08/01/39 (Call 08/01/26) |
2,145 | 1,809,572 | ||||||
|
Series K, 4.00%, 08/01/35 (Call 08/01/26) |
1,750 | 1,783,995 | ||||||
|
Series K, 4.00%, 08/01/37 (Call 08/01/26) |
14,250 | 14,348,882 | ||||||
|
Series K, 4.00%, 08/01/38 (Call 08/01/26) |
27,685 | 27,775,624 | ||||||
|
Series K, 4.00%, 08/01/39 (Call 08/01/26) |
7,500 | 7,443,301 | ||||||
|
Los Angeles County Facilities Inc. RB |
||||||||
|
Series A, 4.00%, 12/01/48 (Call 12/01/28) |
2,305 | 2,232,131 | ||||||
|
Series A, 5.00%, 12/01/43 (Call 12/01/28) |
1,000 | 1,053,312 | ||||||
|
Los Angeles County Metropolitan Transportation Authority RB |
||||||||
|
Series A, 4.00%, 06/01/35 (Call 06/01/30) |
3,750 | 3,936,119 | ||||||
|
Series A, 4.00%, 06/01/36 (Call 06/01/31) |
2,000 | 2,096,510 | ||||||
|
Series A, 4.00%, 06/01/37 (Call 06/01/31) |
6,980 | 7,250,522 | ||||||
|
Series A, 4.00%, 06/01/38 (Call 06/01/31) |
5,245 | 5,409,302 | ||||||
|
Series A, 4.00%, 06/01/39 (Call 06/01/31) |
8,000 | 8,180,734 | ||||||
|
Series A, 5.00%, 06/01/24 |
11,170 | 11,334,937 | ||||||
|
Series A, 5.00%, 07/01/25 |
4,085 | 4,228,569 | ||||||
|
Series A, 5.00%, 06/01/26 |
1,500 | 1,582,339 | ||||||
|
Series A, 5.00%, 06/01/28 |
9,000 | 9,914,926 | ||||||
|
Series A, 5.00%, 06/01/30 |
3,750 | 4,287,521 | ||||||
|
Series A, 5.00%, 06/01/31 (Call 06/01/26) |
2,055 | 2,166,845 | ||||||
|
Series A, 5.00%, 06/01/31 (Call 06/01/30) |
4,000 | 4,563,522 | ||||||
|
Series A, 5.00%, 06/01/32 (Call 06/01/26) |
1,500 | 1,581,206 | ||||||
|
Series A, 5.00%, 06/01/32 (Call 06/01/30) |
2,500 | 2,847,968 | ||||||
|
Series A, 5.00%, 06/01/32 (Call 06/01/31) |
3,250 | 3,756,628 | ||||||
|
Series A, 5.00%, 06/01/33 (Call 06/01/27) |
2,380 | 2,567,880 | ||||||
|
Series A, 5.00%, 06/01/33 (Call 06/01/30) |
4,035 | 4,597,278 | ||||||
|
Series A, 5.00%, 06/01/33 (Call 06/01/31) |
2,000 | 2,309,890 | ||||||
|
Series A, 5.00%, 06/01/34 (Call 06/01/26) |
5,225 | 5,501,164 | ||||||
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
Series A, 5.00%, 06/01/35 (Call 06/01/30) |
$ | 1,500 | $ | 1,692,683 | ||||
|
Series A, 5.00%, 06/01/36 (Call 06/01/26) |
4,400 | 4,596,124 | ||||||
|
Series A, 5.00%, 06/01/36 (Call 06/01/30) |
8,025 | 8,986,647 | ||||||
|
Series A, 5.00%, 06/01/37 (Call 06/01/30) |
4,800 | 5,328,253 | ||||||
|
Series A, 5.00%, 07/01/37 (Call 07/01/28) |
2,000 | 2,165,741 | ||||||
|
Series A, 5.00%, 07/01/39 (Call 07/01/27) |
10,000 | 10,557,713 | ||||||
|
Series A, 5.00%, 07/01/39 (Call 07/01/28) |
3,400 | 3,650,977 | ||||||
|
Series A, 5.00%, 07/01/39 (Call 07/01/31) |
5,000 | 5,563,597 | ||||||
|
Series A, 5.00%, 07/01/40 (Call 07/01/27) |
8,000 | 8,416,718 | ||||||
|
Series A, 5.00%, 07/01/40 (Call 07/01/31) |
6,650 | 7,356,747 | ||||||
|
Series A, 5.00%, 07/01/42 (Call 07/01/27) |
2,585 | 2,710,065 | ||||||
|
Series A, 5.00%, 07/01/44 (Call 07/01/28) |
4,000 | 4,247,807 | ||||||
|
Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue RB |
||||||||
|
5.00%, 07/01/29 |
1,500 | 1,686,863 | ||||||
|
5.00%, 07/01/31 |
2,000 | 2,330,775 | ||||||
|
5.00%, 07/01/34 (Call 07/01/31) |
4,000 | 4,624,121 | ||||||
|
5.00%, 07/01/42 (Call 07/01/27) |
5,000 | 5,241,905 | ||||||
|
Series A, 5.00%, 07/01/41 (Call 07/01/31) |
4,835 | 5,330,796 | ||||||
|
Los Angeles County Public Works Financing Authority RB |
||||||||
|
Series D, 4.00%, 12/01/40 (Call 12/01/25) |
3,765 | 3,764,623 | ||||||
|
Series E-1, 5.00%, 12/01/44 (Call 12/01/29) |
2,000 | 2,141,132 | ||||||
|
Series E-1, 5.00%, 12/01/49 (Call 12/01/29) |
10,645 | 11,311,207 | ||||||
|
Los Angeles County Sanitation Districts Financing Authority RB, Series A, 4.00%, 10/01/42 (Call 10/01/26) |
13,500 | 12,791,737 | ||||||
|
Los Angeles Department of Water & Power Power System Revenue RB |
||||||||
|
Series A, 5.00%, 07/01/30 (Call 01/01/25) |
1,615 | 1,654,688 | ||||||
|
Series A, 5.00%, 07/01/33 (Call 01/01/25) |
1,000 | 1,024,439 | ||||||
|
Series A, 5.00%, 07/01/49 (Call 01/01/29) |
14,500 | 15,213,633 | ||||||
|
Series A, 5.25%, 07/01/49 (Call 01/01/29) |
2,500 | 2,658,926 | ||||||
|
Series B, 5.00%, 07/01/24 |
5,000 | 5,076,865 | ||||||
|
Series B, 5.00%, 07/01/31 (Call 01/01/29) |
4,000 | 4,436,334 | ||||||
|
Series B, 5.00%, 07/01/32 (Call 01/01/29) |
1,750 | 1,937,530 | ||||||
|
Series C, 5.00%, 07/01/27 (Call 07/01/24) |
500 | 507,442 | ||||||
|
Series C, 5.00%, 07/01/42 (Call 07/01/27) |
2,000 | 2,093,852 | ||||||
|
Series C, 5.00%, 07/01/49 (Call 07/01/29) |
1,250 | 1,316,672 | ||||||
|
Series D, 5.00%, 07/01/33 (Call 07/01/24) |
1,035 | 1,049,222 | ||||||
|
Series D, 5.00%, 07/01/43 (Call 07/01/28) |
1,725 | 1,817,700 | ||||||
|
Los Angeles Department of Water & Power RB |
||||||||
|
4.00%, 07/01/26 (Call 06/01/26) |
2,500 | 2,569,363 | ||||||
|
5.00%, 07/01/26 (Call 06/01/26) |
3,500 | 3,692,803 | ||||||
|
5.00%, 07/01/28 |
4,975 | 5,488,168 | ||||||
|
5.00%, 07/01/37 (Call 07/01/31) |
3,160 | 3,559,500 | ||||||
|
5.00%, 07/01/40 (Call 01/01/32) |
12,250 | 13,691,273 | ||||||
|
5.00%, 07/01/41 (Call 07/01/31) |
1,000 | 1,101,942 | ||||||
|
5.00%, 07/01/42 (Call 01/01/32) |
5,515 | 6,061,635 | ||||||
|
5.00%, 07/01/43 (Call 01/01/32) |
2,155 | 2,360,522 | ||||||
|
5.00%, 07/01/45 (Call 07/01/31) |
5,000 | 5,398,305 | ||||||
|
5.00%, 07/01/46 (Call 07/01/31) |
3,880 | 4,165,559 | ||||||
|
5.00%, 07/01/51 (Call 07/01/31) |
19,615 | 20,929,483 | ||||||
|
Series A, 5.00%, 07/01/25 |
3,500 | 3,621,748 | ||||||
|
Series A, 5.00%, 07/01/26 |
3,075 | 3,248,933 | ||||||
|
Series A, 5.00%, 07/01/27 |
2,540 | 2,740,948 | ||||||
|
Series A, 5.00%, 07/01/28 |
4,000 | 4,412,598 | ||||||
|
Series B, 5.00%, 07/01/35 (Call 07/01/32) |
1,500 | 1,743,510 | ||||||
|
Series B, 5.00%, 07/01/40 (Call 07/01/30) |
12,440 | 13,667,548 | ||||||
|
Series D, 5.00%, 07/01/44 (Call 07/01/29) |
13,000 | 13,802,619 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
25 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
Series D, 5.00%, 07/01/49 (Call 07/01/29) |
$ | 21,630 | $ | 22,783,697 | ||||
|
VRDN, VRDN, 2.70%, 07/01/57 (Put 09/01/23)(b) |
2,000 | 2,000,000 | ||||||
|
Los Angeles Department of Water & Power System Revenue RB, Series A, 5.00%, 07/01/42 (Call 01/01/27) |
7,495 | 7,803,386 | ||||||
|
Los Angeles Department of Water & Power Water System Revenue RB |
||||||||
|
5.00%, 07/01/33 |
5,000 | 5,963,565 | ||||||
|
5.00%, 07/01/34 (Call 07/01/33) |
5,000 | 5,940,740 | ||||||
|
5.00%, 07/01/41 (Call 07/01/32) |
4,610 | 5,146,209 | ||||||
|
5.00%, 07/01/47 (Call 01/01/32) |
20,000 | 21,561,992 | ||||||
|
5.00%, 07/01/52 (Call 07/01/32) |
3,995 | 4,293,727 | ||||||
|
VRDN, 2.75%, 07/01/45 (Call 09/01/23)(b) |
16,700 | 16,700,000 | ||||||
|
Series A, 5.00%, 07/01/39 (Call 07/01/24) |
1,420 | 1,434,894 | ||||||
|
Series A, 5.00%, 07/01/40 (Call 07/01/30) |
5,000 | 5,474,244 | ||||||
|
Series A, 5.00%, 07/01/41 (Call 01/01/26) |
2,000 | 2,063,624 | ||||||
|
Series A, 5.00%, 07/01/41 (Call 01/01/27) |
2,000 | 2,089,497 | ||||||
|
Series A, 5.00%, 07/01/41 (Call 07/01/30) |
1,500 | 1,640,350 | ||||||
|
Series A, 5.00%, 07/01/46 (Call 01/01/26) |
12,275 | 12,569,016 | ||||||
|
Series A, 5.00%, 07/01/48 (Call 01/01/28) |
9,745 | 10,164,659 | ||||||
|
Series B, 4.00%, 07/01/29 |
2,000 | 2,137,539 | ||||||
|
Series B, 4.00%, 07/01/30 |
2,000 | 2,147,982 | ||||||
|
Series B, 5.00%, 01/01/24 (Call 12/01/23) |
1,815 | 1,823,029 | ||||||
|
Series B, 5.00%, 07/01/34 (Call 01/01/26) |
5,015 | 5,233,106 | ||||||
|
Series B, 5.00%, 07/01/37 (Call 07/01/28) |
2,000 | 2,162,019 | ||||||
|
Series B, 5.00%, 07/01/43 (Call 07/01/28) |
2,500 | 2,644,518 | ||||||
|
Series B, 5.00%, 07/01/46 (Call 01/01/26) |
1,525 | 1,561,527 | ||||||
|
Series B, 5.00%, 07/01/46 (Call 01/01/31) |
4,500 | 4,824,715 | ||||||
|
Series B, 5.00%, 07/01/48 (Call 07/01/28) |
2,500 | 2,619,007 | ||||||
|
Series B, 5.00%, 07/01/49 (Call 01/01/31) |
3,900 | 4,164,611 | ||||||
|
Series C, 5.00%, 07/01/36 (Call 07/01/30) |
2,250 | 2,525,183 | ||||||
|
Series C, 5.00%, 07/01/37 (Call 07/01/30) |
3,050 | 3,395,029 | ||||||
|
Series C, 5.00%, 07/01/38 (Call 07/01/30) |
1,000 | 1,110,646 | ||||||
|
Series C, 5.00%, 07/01/40 (Call 07/01/30) |
5,250 | 5,747,956 | ||||||
|
Series C, 5.00%, 07/01/41 (Call 07/01/30) |
2,000 | 2,187,134 | ||||||
|
VRDN, VRDN, 2.70%, 07/01/35 (Call 09/01/23)(b) |
11,400 | 11,400,000 | ||||||
|
Los Angeles Department of Water & Power, RB |
||||||||
|
Series A, 5.00%, 07/01/28 (Call 01/01/25) |
2,000 | 2,052,747 | ||||||
|
Series A, 5.00%, 07/01/46 (Call 01/01/26) |
7,050 | 7,218,864 | ||||||
|
Series B, 5.00%, 07/01/32 (Call 01/01/24) |
1,145 | 1,151,232 | ||||||
|
Series B, 5.00%, 07/01/36 (Call 01/01/27) |
2,000 | 2,118,786 | ||||||
|
Series B, 5.00%, 07/01/42 (Call 01/01/26) |
1,095 | 1,127,045 | ||||||
|
Series B, 5.00%, 07/01/43 (Call 01/01/24) |
1,780 | 1,786,641 | ||||||
|
Series C, 5.00%, 07/01/26 (Call 07/01/24) |
1,405 | 1,425,911 | ||||||
|
Series C, 5.00%, 07/01/47 (Call 07/01/27) |
15,115 | 15,720,215 | ||||||
|
Series D, 5.00%, 07/01/35 (Call 07/01/24) |
2,985 | 3,021,885 | ||||||
|
Series D, 5.00%, 07/01/44 (Call 07/01/24) |
9,455 | 9,539,625 | ||||||
|
Series E, 5.00%, 07/01/44 (Call 07/01/24) |
7,515 | 7,582,261 | ||||||
|
Los Angeles Unified School District/CA GO |
||||||||
|
3.00%, 07/01/31 (Call 07/01/26) |
15,375 | 15,024,845 | ||||||
|
3.00%, 07/01/32 (Call 07/01/26) |
7,820 | 7,517,233 | ||||||
|
5.00%, 07/01/28 |
2,505 | 2,762,197 | ||||||
|
5.00%, 07/01/31 |
1,410 | 1,635,634 | ||||||
|
5.00%, 07/01/38 (Call 01/01/33) |
2,500 | 2,816,704 | ||||||
|
5.25%, 07/01/47 (Call 01/01/33) |
3,750 | 4,135,625 | ||||||
|
Series A, 4.00%, 07/01/33 (Call 07/01/25) |
1,000 | 1,015,005 | ||||||
|
Series A, 4.00%, 07/01/40 (Call 07/01/25) |
1,045 | 1,037,800 | ||||||
|
Series A, 5.00%, 07/01/24 |
7,985 | 8,110,365 | ||||||
|
Series A, 5.00%, 07/01/25 |
2,535 | 2,623,180 | ||||||
|
Series A, 5.00%, 07/01/26 |
2,150 | 2,274,008 | ||||||
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
Series A, 5.00%, 07/01/27 |
$ | 2,925 | $ | 3,154,203 | ||||
|
Series A, 5.00%, 07/01/28 |
5,000 | 5,513,368 | ||||||
|
Series A, 5.00%, 07/01/29 |
5,000 | 5,614,273 | ||||||
|
Series A, 5.00%, 07/01/29 (Call 07/01/25) |
4,000 | 4,143,584 | ||||||
|
Series A, 5.00%, 07/01/31 (Call 07/01/29) |
3,000 | 3,362,457 | ||||||
|
Series A, 5.00%, 07/01/40 (Call 07/01/25) |
5,320 | 5,439,744 | ||||||
|
Series B, 5.00%, 07/01/27 (Call 07/01/26) |
5,970 | 6,301,558 | ||||||
|
Series B, 5.00%, 07/01/28 (Call 07/01/26) |
1,150 | 1,215,317 | ||||||
|
Series B-1, 5.00%, 07/01/26 |
5,350 | 5,658,578 | ||||||
|
Series B-1, 5.00%, 07/01/32 (Call 01/01/28) |
3,250 | 3,545,004 | ||||||
|
Series B-1, 5.00%, 07/01/33 (Call 01/01/28) |
4,000 | 4,361,831 | ||||||
|
Series B-1, 5.00%, 07/01/36 (Call 01/01/28) |
2,000 | 2,155,610 | ||||||
|
Series B-1, 5.00%, 07/01/38 (Call 01/01/28) |
10,835 | 11,574,341 | ||||||
|
Series B-1, 5.25%, 07/01/42 (Call 01/01/28) |
7,900 | 8,442,675 | ||||||
|
Series C, 3.00%, 07/01/45 (Call 07/01/30) |
10,000 | 7,715,884 | ||||||
|
Series C, 4.00%, 07/01/32 (Call 07/01/30) |
5,000 | 5,329,993 | ||||||
|
Series C, 4.00%, 07/01/33 (Call 07/01/30) |
4,750 | 5,031,105 | ||||||
|
Series C, 4.00%, 07/01/37 (Call 07/01/30) |
12,990 | 13,267,900 | ||||||
|
Series C, 4.00%, 07/01/38 (Call 07/01/30) |
5,500 | 5,581,683 | ||||||
|
Series C, 4.00%, 07/01/39 (Call 07/01/30) |
10,000 | 10,108,163 | ||||||
|
Series C, 4.00%, 07/01/40 (Call 07/01/30) |
1,000 | 999,361 | ||||||
|
Series C, 4.00%, 07/01/44 (Call 07/01/30) |
4,500 | 4,433,040 | ||||||
|
Series C, 5.00%, 07/01/24 |
3,315 | 3,367,046 | ||||||
|
Series C, 5.00%, 07/01/25 (Call 07/01/24) |
2,050 | 2,081,438 | ||||||
|
Series C, 5.00%, 07/01/27 (Call 07/01/24) |
200 | 202,764 | ||||||
|
Series C, 5.00%, 07/01/30 (Call 07/01/24) |
750 | 760,061 | ||||||
|
Series D, 5.00%, 07/01/26 (Call 07/01/24) |
1,550 | 1,572,436 | ||||||
|
Series RYQ, 4.00%, 07/01/37 (Call 07/01/30) |
1,830 | 1,869,150 | ||||||
|
Series RYQ, 4.00%, 07/01/38 (Call 07/01/30) |
6,550 | 6,647,277 | ||||||
|
Series RYQ, 4.00%, 07/01/39 (Call 07/01/30) |
1,030 | 1,041,141 | ||||||
|
Series RYQ, 4.00%, 07/01/44 (Call 07/01/30) |
35,685 | 35,154,007 | ||||||
|
Series RYRR, 4.00%, 07/01/36 (Call 01/01/32) |
5,250 | 5,457,139 | ||||||
|
Series RYRR, 4.00%, 07/01/37 (Call 01/01/32) |
5,000 | 5,127,196 | ||||||
|
Series RYRR, 4.00%, 07/01/38 (Call 01/01/32) |
4,695 | 4,777,866 | ||||||
|
Series RYRR, 4.00%, 07/01/40 (Call 01/01/32) |
3,250 | 3,247,275 | ||||||
|
Series RYRR, 4.00%, 07/01/41 (Call 01/01/32) |
5,500 | 5,472,025 | ||||||
|
Series RYRR, 4.00%, 07/01/46 (Call 01/01/32) |
13,285 | 12,956,837 | ||||||
|
Series RYRR, 5.00%, 07/01/28 |
1,500 | 1,654,010 | ||||||
|
Series RYRR, 5.00%, 07/01/31 |
500 | 580,012 | ||||||
|
Series RYRR, 5.00%, 07/01/32 (Call 01/01/32) |
2,920 | 3,410,708 | ||||||
|
Series RYRR, 5.00%, 07/01/34 (Call 01/01/32) |
1,500 | 1,741,516 | ||||||
|
Los Rios Community College District GO |
||||||||
|
Series E, 3.00%, 08/01/24 |
1,500 | 1,491,119 | ||||||
|
Series E, 3.00%, 08/01/25 |
2,000 | 1,989,448 | ||||||
|
Mendocino-Lake Community College District GO, Series B, 0.00%, 08/01/51 (AGM)(a) |
750 | 187,485 | ||||||
|
Metropolitan Water District of Southern California RB |
||||||||
|
5.00%, 10/01/29 |
5,000 | 5,627,518 | ||||||
|
5.00%, 10/01/31 |
2,425 | 2,820,558 | ||||||
|
Series A, 5.00%, 07/01/24 |
5,000 | 5,079,727 | ||||||
|
Series A, 5.00%, 07/01/26 |
1,000 | 1,057,121 | ||||||
|
Series A, 5.00%, 07/01/28 (Call 07/01/25) |
8,695 | 9,014,704 | ||||||
|
Series A, 5.00%, 07/01/34 (Call 01/01/29) |
8,000 | 8,887,038 | ||||||
|
Series A, 5.00%, 10/01/45 (Call 10/01/29) |
3,000 | 3,212,317 | ||||||
|
Series A, 5.00%, 10/01/46 (Call 04/01/31) |
7,000 | 7,564,761 | ||||||
|
Series A, 5.00%, 10/01/51 (Call 04/01/31) |
12,000 | 12,844,492 | ||||||
|
Series C, 5.00%, 10/01/27 |
1,000 | 1,086,594 | ||||||
|
Series C, 5.00%, 07/01/38 (Call 07/01/30) |
10,730 | 11,833,059 | ||||||
|
Series C, 5.00%, 07/01/39 (Call 07/01/30) |
2,500 | 2,746,508 | ||||||
|
Series C, 5.00%, 07/01/40 (Call 07/01/30) |
12,000 | 13,159,879 | ||||||
| 26 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
Miracosta Community College District GO, Series B, 4.00%, 08/01/45 (Call 08/01/30) |
$ | 17,405 | $ | 17,073,142 | ||||
|
Moreno Valley Unified School District/CA GO, 5.00%, 08/01/44 (PR 08/01/25) (AGM) |
14,220 | 14,727,731 | ||||||
|
Morgan Hill Unified School District GO, Series B, 4.00%, 08/01/47 (Call 08/01/27) |
7,500 | 7,236,131 | ||||||
|
Mount Diablo Unified School District/CA GO, Series A, 5.75%, 08/01/35 (Call 08/01/25) (AGM) |
2,530 | 2,650,971 | ||||||
|
Mount San Antonio Community College District GO |
||||||||
|
Series A, 0.00%, 08/01/43 (Call 08/01/35) |
12,830 | 11,635,197 | ||||||
|
Series A, 4.00%, 08/01/49 (Call 08/01/29) |
1,000 | 973,903 | ||||||
|
Series A, 5.88%, 08/01/28 (Call 02/01/28) |
1,000 | 1,127,224 | ||||||
|
Municipal Improvement Corp. of Los Angeles RB |
||||||||
|
Series B, 4.00%, 11/01/34 (Call 11/01/26) |
800 | 815,449 | ||||||
|
Series B, 4.00%, 11/01/36 (Call 11/01/26) |
11,040 | 11,113,871 | ||||||
|
Series B, 5.00%, 11/01/30 (Call 11/01/26) |
2,000 | 2,120,711 | ||||||
|
Series B, 5.00%, 11/01/38 (Call 11/01/30) |
2,000 | 2,180,725 | ||||||
|
New Haven Unified School District GO, 3.00%, 08/01/49 (Call 08/01/28) |
6,060 | 4,502,285 | ||||||
|
Newport Mesa Unified School District GO |
||||||||
|
0.00%, 08/01/35(a) |
13,000 | 8,416,791 | ||||||
|
0.00%, 08/01/43 (Call 08/01/27)(a) |
1,500 | 618,062 | ||||||
|
0.00%, 08/01/44 (Call 08/01/27)(a) |
1,125 | 439,469 | ||||||
|
0.00%, 08/01/45 (Call 08/01/27)(a) |
2,500 | 925,115 | ||||||
|
Series 2005, 0.00%, 08/01/34(a) |
1,500 | 1,021,480 | ||||||
|
Series 2005, 0.00%, 08/01/36(a) |
1,400 | 858,367 | ||||||
|
Series 2005, 0.00%, 08/01/38(a) |
3,500 | 1,916,012 | ||||||
|
Norman Y Mineta San Jose International Airport SJC RB, Series B, 5.00%, 03/01/47 (Call 03/01/27) |
1,000 | 1,031,365 | ||||||
|
North Orange County Community College District/CA GO, Series B, 4.00%, 08/01/44 (Call 08/01/29) |
9,325 | 9,182,024 | ||||||
|
Ohlone Community College District GO, Series C, 4.00%, 08/01/41 (Call 08/01/26) |
5,000 | 4,940,503 | ||||||
|
Orange County Local Transportation Authority RB |
||||||||
|
5.00%, 02/15/40 (Call 02/15/29) |
19,805 | 21,360,726 | ||||||
|
5.00%, 02/15/41 (Call 02/15/29) |
1,500 | 1,614,035 | ||||||
|
Palomar Community College District, 5.00%, 08/01/44 (PR 08/01/25) |
19,760 | 20,502,743 | ||||||
|
Palomar Community College District GO |
||||||||
|
4.00%, 08/01/45 (Call 08/01/27) |
1,900 | 1,837,154 | ||||||
|
Series C, 4.00%, 08/01/40 (PR 08/01/25) |
1,000 | 1,019,197 | ||||||
|
Series D, 5.25%, 08/01/45 (Call 08/01/27) |
1,000 | 1,049,062 | ||||||
|
Placentia-Yorba Linda Unified School District GO |
||||||||
|
Series D, 0.00%, 08/01/42(a) |
1,205 | 500,558 | ||||||
|
Series D, 0.00%, 08/01/46(a) |
2,500 | 832,054 | ||||||
|
Pleasanton Unified School District GO, 4.00%, 08/01/42 (Call 08/01/27) |
8,590 | 8,460,879 | ||||||
|
Port of Los Angeles RB, Series B, 5.00%, 08/01/44 (Call 08/01/24) |
2,430 | 2,448,315 | ||||||
|
Poway Unified School District GO |
||||||||
|
0.00%, 08/01/33(a) |
1,000 | 696,960 | ||||||
|
0.00%, 08/01/36(a) |
13,250 | 7,920,692 | ||||||
|
0.00%, 08/01/41(a) |
1,500 | 673,984 | ||||||
|
0.00%, 08/01/46(a) |
9,615 | 3,143,161 | ||||||
|
0.00%, 08/01/51(a) |
1,250 | 314,943 | ||||||
|
Series B, 0.00%, 08/01/34(a) |
4,630 | 3,087,773 | ||||||
|
Rio Hondo Community College District/CA GO, Series C, 0.00%, 08/01/42 (Call 08/01/34) |
8,060 | 9,362,919 | ||||||
|
Riverside County Public Financing Authority RB, Series B, 5.25%, 11/01/45 (PR 11/01/25) |
1,000 | 1,047,339 | ||||||
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
Riverside County Transportation Commission RB |
||||||||
|
4.00%, 06/01/38 (Call 06/01/31) |
$ | 2,125 | $ | 2,061,469 | ||||
|
Series B, 5.00%, 06/01/35 (Call 12/01/27) |
1,000 | 1,076,616 | ||||||
|
Series B, 5.00%, 06/01/37 (Call 12/01/27) |
2,355 | 2,507,971 | ||||||
|
Series B, 5.00%, 06/01/39 (Call 12/01/27) |
2,960 | 3,120,941 | ||||||
|
Series B1, 3.00%, 06/01/49 (Call 06/01/31) |
2,000 | 1,436,577 | ||||||
|
Series B1, 4.00%, 06/01/37 (Call 06/01/31) |
5,092 | 5,016,335 | ||||||
|
Series B1, 4.00%, 06/01/39 (Call 06/01/31) |
8,860 | 8,508,809 | ||||||
|
Series B1, 4.00%, 06/01/40 (Call 06/01/31) |
8,255 | 7,849,717 | ||||||
|
Series B1, 4.00%, 06/01/46 (Call 06/01/31) |
18,940 | 17,591,930 | ||||||
|
Riverside County Transportation Commission Sales Tax Revenue RB |
||||||||
|
5.00%, 06/01/34 (Call 12/01/27) |
15,975 | 17,265,537 | ||||||
|
Series B, 5.00%, 06/01/29 (Call 12/01/27) |
7,130 | 7,729,469 | ||||||
|
Sacramento Area Flood Control Agency SA, Series A, 5.00%, 10/01/41 (Call 10/01/26) |
2,000 | 2,079,945 | ||||||
|
Sacramento City Financing Authority RB, Series E, 5.25%, 12/01/30 (AMBAC) |
440 | 491,545 | ||||||
|
Sacramento County Sanitation Districts Financing Authority RB |
||||||||
|
5.00%, 12/01/27 |
1,000 | 1,087,498 | ||||||
|
5.00%, 12/01/29 |
1,000 | 1,130,022 | ||||||
|
5.00%, 12/01/30 |
400 | 459,995 | ||||||
|
5.00%, 12/01/33 (Call 12/01/31) |
4,000 | 4,659,342 | ||||||
|
Series A, 5.00%, 12/01/44 (Call 06/01/24) |
2,000 | 2,016,063 | ||||||
|
Series A, 5.00%, 12/01/45 (Call 12/01/30) |
3,540 | 3,796,595 | ||||||
|
Series A, 5.00%, 12/01/50 (Call 12/01/30) |
12,500 | 13,314,480 | ||||||
|
Sacramento Municipal Utility District RB |
||||||||
|
5.00%, 08/15/26 |
1,770 | 1,873,194 | ||||||
|
5.00%, 08/15/28 |
1,630 | 1,805,252 | ||||||
|
5.00%, 08/15/44 (08/15/33) |
5,920 | 6,553,878 | ||||||
|
5.00%, 08/15/48 (08/15/33) |
19,280 | 21,164,277 | ||||||
|
Series B,
VRDN, 5.00%, 08/15/49 |
2,500 | 2,556,430 | ||||||
|
Series E, 5.00%, 08/15/24 |
1,590 | 1,618,885 | ||||||
|
Series G, 5.00%, 08/15/39 (Call 08/15/29) |
1,500 | 1,638,512 | ||||||
|
Series G, 5.00%, 08/15/40 (Call 08/15/29) |
2,000 | 2,179,275 | ||||||
|
Series H, 4.00%, 08/15/40 (Call 08/15/30) |
2,500 | 2,505,238 | ||||||
|
Series H, 4.00%, 08/15/45 (Call 08/15/30) |
4,575 | 4,493,355 | ||||||
|
Series H, 5.00%, 08/15/50 (Call 08/15/30) |
43,000 | 46,011,647 | ||||||
|
Sacramento Transportation Authority Sales Tax Revenue RB, 5.00%, 10/01/34(10/01/33) |
5,835 | 6,900,694 | ||||||
|
San Diego Association of Governments RB, 5.00%, 11/15/25 (Call 11/15/24) |
6,025 | 6,146,685 | ||||||
|
San Diego Association of Governments South Bay Expressway Revenue RB, Series A, 5.00%, 07/01/42 (Call 07/01/27) |
10,000 | 10,325,635 | ||||||
|
San Diego Community College District GO |
||||||||
|
0.00%, 08/01/35(a) |
4,000 | 2,574,690 | ||||||
|
5.00%, 08/01/28 (Call 08/01/26) |
1,000 | 1,060,795 | ||||||
|
5.00%, 08/01/30 (PR 08/01/26) |
10,560 | 11,208,401 | ||||||
|
5.00%, 08/01/31 (PR 08/01/26) |
8,000 | 8,491,213 | ||||||
|
San Diego County Regional Airport Authority RB |
||||||||
|
Series A, 4.00%, 07/01/38 (Call 07/01/29) |
2,120 | 2,135,800 | ||||||
|
Series A, 5.00%, 07/01/34 (Call 07/01/29) |
4,850 | 5,362,897 | ||||||
|
Series A, 5.00%, 07/01/36 (Call 07/01/29) |
1,450 | 1,583,961 | ||||||
|
Series A, 5.00%, 07/01/44 (Call 07/01/29) |
1,600 | 1,687,145 | ||||||
|
Series A, 5.00%, 07/01/46 (Call 07/01/31) |
5,000 | 5,331,696 | ||||||
|
Series A, 5.00%, 07/01/49 (Call 07/01/29) |
600 | 628,735 | ||||||
|
Series A, 5.00%, 07/01/56 (Call 07/01/31) |
5,000 | 5,263,922 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
27 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
San Diego County Regional Transportation Commission RB |
||||||||
|
5.00%, 04/01/32 |
$ | 2,000 | $ | 2,340,913 | ||||
|
5.00%, 04/01/34 (04/01/33) |
1,500 | 1,798,431 | ||||||
|
5.00%, 04/01/38 (04/01/33) |
1,000 | 1,147,824 | ||||||
|
5.00%, 04/01/45 (Call 04/01/31) |
4,300 | 4,649,549 | ||||||
|
Series A, 5.00%, 04/01/41 (Call 04/01/26) |
10,230 | 10,649,762 | ||||||
|
Series A, 5.00%, 04/01/48 (Call 04/01/26) |
2,270 | 2,352,177 | ||||||
|
Series B, 5.00%, 04/01/48 (Call 04/01/31) |
8,140 | 8,765,949 | ||||||
|
San Diego County Water Authority RB |
||||||||
|
Series A, 5.00%, 05/01/30 |
3,000 | 3,426,887 | ||||||
|
Series A, 5.00%, 05/01/47 (Call 05/01/32) |
3,300 | 3,574,619 | ||||||
|
Series A, 5.00%, 05/01/52 (Call 05/01/32) |
8,250 | 8,889,713 | ||||||
|
Series B, 4.00%, 05/01/33 (Call 05/01/31) |
3,500 | 3,757,572 | ||||||
|
Series B, 4.00%, 05/01/35 (Call 05/01/31) |
3,000 | 3,191,373 | ||||||
|
Series B, 4.00%, 05/01/37 (Call 05/01/31) |
3,500 | 3,625,798 | ||||||
|
Series B, 4.00%, 05/01/38 (Call 05/01/31) |
14,715 | 15,069,761 | ||||||
|
Series S1, 5.00%, 05/01/28 (Call 03/15/28) |
4,100 | 4,508,748 | ||||||
|
San Diego Public Facilities Financing Authority RB |
||||||||
|
4.00%, 08/01/52 (Call 08/01/33) |
5,770 | 5,488,059 | ||||||
|
5.00%, 05/15/25 |
2,525 | 2,607,708 | ||||||
|
5.25%, 08/01/48 (Call 08/01/33) |
3,290 | 3,651,979 | ||||||
|
Series A, 4.00%, 08/01/36 (Call 08/01/30) |
1,350 | 1,378,212 | ||||||
|
Series A, 4.00%, 08/01/37 (Call 08/01/30) |
2,250 | 2,270,953 | ||||||
|
Series A, 4.00%, 08/01/45 (Call 08/01/30) |
500 | 486,948 | ||||||
|
Series A, 5.00%, 05/15/29 (Call 05/15/26) |
2,500 | 2,645,236 | ||||||
|
Series A, 5.00%, 08/01/43 (Call 08/01/28) |
1,500 | 1,594,131 | ||||||
|
Series A, 5.00%, 10/15/44 (Call 10/15/25) |
1,810 | 1,851,904 | ||||||
|
Series B, 5.00%, 08/01/28 (Call 08/01/26) |
2,500 | 2,649,892 | ||||||
|
San Diego Unified School District GO, Series F, 4.00%, 07/01/45 (Call 07/01/25) |
9,000 | 8,704,219 | ||||||
|
San Diego Unified School District/CA GO |
||||||||
|
0.00%, 07/01/30(a) |
7,570 | 5,973,684 | ||||||
|
4.25%, 07/01/52 (Call 07/01/32) |
5,000 | 4,962,256 | ||||||
|
5.00%, 07/01/24 |
8,570 | 8,701,047 | ||||||
|
5.25%, 07/01/28 (AGM) |
845 | 939,226 | ||||||
|
5.25%, 07/01/28 (ETM) (AGM) |
155 | 171,620 | ||||||
|
Series C, 0.00%, 07/01/30(a) |
1,550 | 1,223,145 | ||||||
|
Series C, 0.00%, 07/01/35(a) |
2,380 | 1,512,140 | ||||||
|
Series C, 0.00%, 07/01/36(a) |
1,500 | 903,285 | ||||||
|
Series C, 0.00%, 07/01/37(a) |
700 | 399,842 | ||||||
|
Series C, 0.00%, 07/01/38(a) |
3,000 | 1,616,973 | ||||||
|
Series C, 0.00%, 07/01/43(a) |
4,140 | 1,700,148 | ||||||
|
Series C, 0.00%, 07/01/44(a) |
2,165 | 842,639 | ||||||
|
Series C, 0.00%, 07/01/45(a) |
4,590 | 1,691,752 | ||||||
|
Series C, 0.00%, 07/01/46(a) |
275 | 95,940 | ||||||
|
Series C, 0.00%, 07/01/47(a) |
1,405 | 465,651 | ||||||
|
Series C, 0.00%, 07/01/48 (Call 07/01/40) |
3,250 | 2,731,442 | ||||||
|
Series D-2, 4.00%, 07/01/50 (Call 07/01/30) |
45,580 | 43,629,600 | ||||||
|
Series E, 0.00%, 07/01/32(a) |
6,440 | 4,703,284 | ||||||
|
Series E, 0.00%, 07/01/42 |
5,850 | 4,092,365 | ||||||
|
Series E, 0.00%, 07/01/47 (Call 07/01/42) |
3,800 | 2,649,391 | ||||||
|
Series E, 0.00%, 07/01/49(a) |
7,640 | 2,286,405 | ||||||
|
Series G, 0.00%, 07/01/38 (PR 01/01/24)(a) |
4,000 | 1,782,420 | ||||||
|
Series I, 4.00%, 07/01/47 (Call 07/01/27) |
11,400 | 10,936,743 | ||||||
|
Series I, 5.00%, 07/01/41 (Call 07/01/27) |
3,175 | 3,326,661 | ||||||
|
Series I, 5.00%, 07/01/47 (Call 07/01/27) |
6,500 | 6,769,650 | ||||||
|
Series L, 4.00%, 07/01/49 (Call 07/01/29) |
13,000 | 12,465,215 | ||||||
|
Series M-2, 3.00%, 07/01/50 (Call 07/01/30) |
21,350 | 15,747,984 | ||||||
|
Series M-2, 4.00%, 07/01/50 (Call 07/01/30) |
17,710 | 16,952,177 | ||||||
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
Series N-2, 3.00%, 07/01/46 (Call 07/01/31) |
$ | 3,000 | $ | 2,293,705 | ||||
|
Series N-2, 4.00%, 07/01/46 (Call 07/01/31) |
22,000 | 21,330,375 | ||||||
|
Series R-1, 0.00%, 07/01/31(a) |
2,000 | 1,519,571 | ||||||
|
Series R-2, 0.00%, 07/01/40 |
13,475 | 11,787,376 | ||||||
|
Series R-4, 5.00%, 07/01/28 (Call 07/01/25) |
5,000 | 5,176,888 | ||||||
|
Series R-5, 5.00%, 07/01/29 (Call 07/01/26) |
2,000 | 2,119,105 | ||||||
|
Series SR-1, 4.00%, 07/01/32 (Call 07/01/26) |
1,000 | 1,021,561 | ||||||
|
San Dieguito Union High School District GO, Series B-2, 4.00%, 02/01/40 (Call 08/01/25) |
800 | 791,588 | ||||||
|
San Francisco Bay Area Rapid Transit District GO |
||||||||
|
3.00%, 08/01/38 (Call 08/01/29) |
5,000 | 4,226,307 | ||||||
|
5.00%, 08/01/39 (Call 02/01/32) |
1,250 | 1,390,796 | ||||||
|
5.25%, 08/01/47 (Call 02/01/32) |
1,250 | 1,391,191 | ||||||
|
Series A, 4.00%, 08/01/42 (Call 08/01/27) |
1,500 | 1,458,225 | ||||||
|
Series A, 5.00%, 08/01/47 (Call 08/01/27) |
3,000 | 3,135,397 | ||||||
|
Series B-1, 4.00%, 08/01/44 (Call 08/01/29) |
5,000 | 4,854,963 | ||||||
|
Series C-1, 3.00%, 08/01/50 (Call 08/01/29) |
8,500 | 6,265,776 | ||||||
|
Series C-1, 4.00%, 08/01/45 (Call 08/01/29) |
2,640 | 2,552,678 | ||||||
|
Series D, 4.00%, 08/01/33 (Call 08/01/25) |
2,885 | 2,914,793 | ||||||
|
Series S, 4.00%, 08/01/37 (Call 08/01/27) |
8,420 | 8,482,210 | ||||||
|
San Francisco Bay Area Rapid Transit District Sales Tax Revenue RB |
||||||||
|
Series A, 3.00%, 07/01/44 (Call 07/01/27) |
1,800 | 1,405,848 | ||||||
|
Series A, 4.00%, 07/01/37 (Call 07/01/27) |
3,075 | 3,098,482 | ||||||
|
Series A, 4.00%, 07/01/38 (Call 07/01/27) |
5,495 | 5,508,180 | ||||||
|
San Francisco City & County Airport Commission San Francisco International Airport RB |
||||||||
|
Series B, 5.00%, 05/01/32 (Call 05/01/31) |
3,150 | 3,627,869 | ||||||
|
Series B, 5.00%, 05/01/35 (Call 05/01/31) |
3,000 | 3,421,115 | ||||||
|
Series B, 5.00%, 05/01/44 (Call 05/01/24) |
2,000 | 2,013,189 | ||||||
|
Series B, 5.00%, 05/01/47 (Call 05/01/27) |
3,500 | 3,614,481 | ||||||
|
Series B, 5.00%, 05/01/49 (Call 05/01/29) |
7,785 | 8,148,349 | ||||||
|
Series C, 5.00%, 05/01/46 (Call 05/01/26) |
4,065 | 4,165,932 | ||||||
|
Series D, 5.00%, 05/01/24 |
3,550 | 3,590,745 | ||||||
|
Series E, 5.00%, 05/01/48 (Call 05/01/28) |
2,500 | 2,599,741 | ||||||
|
Series F, 5.00%, 05/01/50 (Call 05/01/29) |
22,605 | 23,619,634 | ||||||
|
San Francisco City & County Public Utilities Commission Power Revenue RB, 4.00%, 11/01/51 (Call 05/01/31) |
18,000 | 17,386,213 | ||||||
|
San Francisco City & County Public Utilities Commission Wastewater Revenue RB |
||||||||
|
4.00%, 10/01/39 (Call 10/01/32) |
1,350 | 1,374,077 | ||||||
|
4.00%, 10/01/50 (Call 10/01/31) |
5,000 | 4,844,737 | ||||||
|
5.00%, 10/01/35 (Call 10/01/32) |
1,500 | 1,744,618 | ||||||
|
5.00%, 10/01/36 (Call 10/01/32) |
1,000 | 1,153,414 | ||||||
|
5.00%, 10/01/37 (Call 10/01/32) |
1,500 | 1,713,219 | ||||||
|
5.00%, 10/01/45 (Call 10/01/31) |
5,000 | 5,425,209 | ||||||
|
Series A, 4.00%, 10/01/43 (Call 04/01/28) |
1,330 | 1,310,349 | ||||||
|
Series A, 4.00%, 10/01/47 (Call 10/01/31) |
9,075 | 8,856,424 | ||||||
|
Series A, 5.00%, 10/01/46 (Call 10/01/31) |
5,000 | 5,397,036 | ||||||
|
Series B, 4.00%, 10/01/42 (Call 10/02/23) |
25,000 | 24,736,372 | ||||||
|
San Joaquin County Transportation Authority RB, 4.00%, 03/01/41 (Call 03/01/27) |
11,000 | 10,805,516 | ||||||
|
San Joaquin Hills Transportation Corridor Agency RB |
||||||||
|
0.00%, 01/01/25 (ETM)(a) |
2,100 | 2,013,501 | ||||||
|
0.00%, 01/01/27 (ETM)(a) |
1,075 | 971,640 | ||||||
|
4.00%, 01/15/34 (Call 01/15/32) |
2,185 | 2,249,878 | ||||||
|
5.00%, 01/15/32 |
1,500 | 1,659,562 | ||||||
|
5.00%, 01/15/33 (Call 01/15/32) |
3,415 | 3,769,251 | ||||||
|
Series A, 5.00%, 01/15/29 (PR 01/15/25) |
1,000 | 1,026,218 | ||||||
| 28 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
Series A, 5.00%, 01/15/34 (PR 01/15/25) |
$ | 2,680 | $ | 2,750,265 | ||||
|
Series A, 5.00%, 01/15/44 (PR 01/15/25) |
8,000 | 8,209,746 | ||||||
|
Series A, 5.00%, 01/15/50 (PR 01/15/25) |
13,275 | 13,623,048 | ||||||
|
San Jose Evergreen Community College District GO |
||||||||
|
4.00%, 09/01/45 (Call 09/01/32) |
8,515 | 8,409,819 | ||||||
|
Series C, 4.00%, 09/01/40 (PR 09/01/24) |
7,500 | 7,565,200 | ||||||
|
Series C, 4.13%, 09/01/43 (PR 09/01/24) |
5,000 | 5,049,507 | ||||||
|
San Jose Unified School District GO |
||||||||
|
0.00%, 08/01/29 (NPFGC)(a) |
3,800 | 3,089,877 | ||||||
|
5.00%, 08/01/32 (Call 08/01/25) |
9,000 | 9,318,838 | ||||||
|
Series C, 0.00%, 08/01/30 (NPFGC)(a) |
5,980 | 4,675,034 | ||||||
|
Series E, 4.00%, 08/01/42 (Call 08/01/27) |
6,825 | 6,713,596 | ||||||
|
San Juan Unified School District GO, 4.00%, 08/01/46 (Call 08/01/30) |
17,000 | 16,476,147 | ||||||
|
San Marcos Unified School District GO |
||||||||
|
Series B, 0.00%, 08/01/47(a) |
1,700 | 553,240 | ||||||
|
Series B, 0.00%, 08/01/51(a) |
1,500 | 396,627 | ||||||
|
San Mateo County Community College District GO |
||||||||
|
0.00%, 09/01/34 (NPFGC)(a) |
18,075 | 12,184,909 | ||||||
|
Series A, 5.00%, 09/01/45 (PR 09/01/25) |
1,000 | 1,039,330 | ||||||
|
Series B, 0.00%, 09/01/32 (NPFGC)(a) |
3,515 | 2,576,591 | ||||||
|
Series B, 5.00%, 09/01/45 (Call 09/01/28) |
44,150 | 47,817,836 | ||||||
|
Series C, 0.00%, 09/01/30 (NPFGC)(a) |
4,295 | 3,397,546 | ||||||
|
San Mateo Foster City Public Financing Authority RB |
||||||||
|
4.00%, 08/01/44 (Call 08/01/29) |
7,070 | 6,903,381 | ||||||
|
5.00%, 08/01/49 (Call 08/01/29) |
2,200 | 2,338,949 | ||||||
|
San Mateo Foster City School District/CA GO, 0.00%, 08/01/42 (Call 08/01/31) |
5,500 | 5,452,803 | ||||||
|
San Mateo Union High School District GO |
||||||||
|
Series A, 0.00%, 09/01/33 |
500 | 461,804 | ||||||
|
Series A, 0.00%, 09/01/41 (Call 09/01/36) |
3,765 | 3,567,836 | ||||||
|
Series A, 0.00%, 07/01/51 (Call 09/01/41) |
4,465 | 3,026,313 | ||||||
|
Santa Barbara Secondary High School District GO, |
||||||||
|
Series A, 0.00%, 08/01/36(a) |
2,500 | 1,399,820 | ||||||
|
Santa Barbara Unified School District GO |
||||||||
|
Series A, 4.00%, 08/01/41 (Call 08/01/27) |
2,600 | 2,569,062 | ||||||
|
Series B, 5.00%, 08/01/44 (Call 08/01/28) |
6,725 | 7,101,399 | ||||||
|
Santa Clara Unified School District GO, Series 2018, 4.00%, 07/01/48 (Call 07/01/26) |
24,000 | 23,277,317 | ||||||
|
Santa Clara Valley Transportation Authority RB |
||||||||
|
5.00%, 04/01/30 |
3,000 | 3,412,097 | ||||||
|
5.00%, 04/01/33 |
5,000 | 5,975,537 | ||||||
|
5.00%, 04/01/35 (04/01/33) |
4,500 | 5,331,716 | ||||||
|
Santa Clara Valley Water District RB, Series A, 5.00%, 06/01/46 (Call 12/01/25) |
1,000 | 1,027,713 | ||||||
|
Santa Clarita Community College District GO, 4.00%, 08/01/41 (Call 08/01/26) |
6,850 | 6,751,378 | ||||||
|
Santa Maria Joint Union High School District GO, 4.00%, 08/01/37 (PR 08/01/24) |
14,230 | 14,342,632 | ||||||
|
Santa Monica Community College District GO |
||||||||
|
Series A, 4.00%, 08/01/47 (Call 08/01/28) |
21,580 | 21,300,265 | ||||||
|
Series A, 5.00%, 08/01/43 (Call 08/01/28) |
7,500 | 8,005,426 | ||||||
|
Series B, 4.00%, 08/01/44 (PR 08/01/24) |
1,500 | 1,512,944 | ||||||
|
Series B, 5.00%, 08/01/45 (Call 08/01/32) |
1,150 | 1,244,927 | ||||||
|
Santa Monica-Malibu Unified School District GO |
||||||||
|
4.00%, 08/01/50 (Call 08/01/29) |
11,545 | 11,137,732 | ||||||
|
Series B, 4.00%, 08/01/50 (Call 08/01/29) |
16,685 | 16,096,410 | ||||||
|
Silicon Valley Clean Water RB, Series A, 3.00%, 03/01/24 (Call 10/02/23) |
3,330 | 3,324,891 | ||||||
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
Sonoma County Junior College District GO, Series B, 3.00%, 08/01/41 (Call 08/01/29) |
$ | 7,000 | $ | 5,685,076 | ||||
|
South San Francisco Unified School District GO |
||||||||
|
4.00%, 09/01/48 (Call 09/01/31) |
22,000 | 21,323,513 | ||||||
|
4.00%, 09/01/52 (Call 09/01/31) |
10,975 | 10,542,037 | ||||||
|
Series C, 4.00%, 09/01/37 (Call 09/01/25) |
4,000 | 3,971,680 | ||||||
|
Southern California Public Power Authority RB |
||||||||
|
VRDN, 3.89%, 07/01/36 (Put 08/31/23)(b) |
61,945 | 61,945,000 | ||||||
|
Series A, 5.00%, 04/01/24 (Call 01/01/24) |
7,600 | 7,646,112 | ||||||
|
Series C, 5.00%, 07/01/26 (Call 01/01/25) |
1,525 | 1,565,150 | ||||||
|
Southern California Water Replenishment District RB, 4.00%, 08/01/45 (Call 08/01/25) |
1,500 | 1,460,674 | ||||||
|
Southwestern Community College District GO |
||||||||
|
Series C, 0.00%, 08/01/46(a) |
1,920 | 624,421 | ||||||
|
Series D, 5.00%, 08/01/44 (PR 08/01/25) |
2,000 | 2,075,176 | ||||||
|
State of California Department of Water Resources RB |
||||||||
|
4.00%, 12/01/34 (Call 06/01/31) |
5,000 | 5,326,256 | ||||||
|
5.00%, 12/01/30 |
4,075 | 4,694,880 | ||||||
|
Series AS, 5.00%, 12/01/24 (ETM) |
10 | 10,243 | ||||||
|
Series AS, 5.00%, 12/01/26 (Call 12/01/24) |
15,480 | 15,856,386 | ||||||
|
Series AS, 5.00%, 12/01/27 (Call 12/01/24) |
5 | 5,122 | ||||||
|
Series AS, 5.00%, 12/01/27 (PR 12/01/24) |
1,055 | 1,080,652 | ||||||
|
Series AS, 5.00%, 12/01/28 (Call 12/01/24) |
1,065 | 1,090,895 | ||||||
|
Series AW, 5.00%, 12/01/30 (Call 12/01/26) |
4,000 | 4,254,654 | ||||||
|
Series AW, 5.00%, 12/01/33 (PR 12/01/26) |
1,000 | 1,064,584 | ||||||
|
Series AX, 5.00%, 12/01/27 |
1,000 | 1,089,587 | ||||||
|
Series BA, 5.00%, 12/01/34 (Call 06/01/29) |
6,680 | 7,466,422 | ||||||
|
Series BB, 5.00%, 12/01/23 |
6,000 | 6,026,091 | ||||||
|
Series BB, 5.00%, 12/01/25 |
4,040 | 4,207,056 | ||||||
|
Series BB, 5.00%, 12/01/27 |
3,005 | 3,274,210 | ||||||
|
Series BB, 5.00%, 12/01/28 |
2,000 | 2,224,346 | ||||||
|
Series BB, 5.00%, 12/01/30 |
2,000 | 2,304,236 | ||||||
|
Series BB, 5.00%, 12/01/34 (Call 12/01/30) |
8,940 | 10,241,390 | ||||||
|
Series BB, 5.00%, 12/01/35 (Call 12/01/30) |
9,075 | 10,305,103 | ||||||
|
State of California GO |
||||||||
|
2.38%, 12/01/43 (Call 12/01/30) |
3,075 | 2,134,040 | ||||||
|
3.00%, 03/01/28 |
2,500 | 2,490,893 | ||||||
|
3.00%, 10/01/34 (Call 10/01/29) |
6,805 | 6,497,904 | ||||||
|
3.00%, 10/01/35 (Call 10/01/29) |
3,000 | 2,774,955 | ||||||
|
3.00%, 10/01/36 (Call 10/01/29) |
5,795 | 5,235,073 | ||||||
|
3.00%, 10/01/37 (Call 10/01/29) |
6,385 | 5,631,990 | ||||||
|
3.00%, 10/01/49 (Call 10/01/29) |
1,000 | 777,348 | ||||||
|
3.00%, 11/01/50 (Call 11/01/30) |
10,860 | 8,378,601 | ||||||
|
4.00%, 10/01/23 |
2,025 | 2,026,389 | ||||||
|
4.00%, 03/01/24 |
1,505 | 1,512,303 | ||||||
|
4.00%, 11/01/25 |
6,465 | 6,587,279 | ||||||
|
4.00%, 04/01/26 |
3,735 | 3,824,543 | ||||||
|
4.00%, 11/01/26 |
14,275 | 14,725,543 | ||||||
|
4.00%, 10/01/27 |
7,280 | 7,571,800 | ||||||
|
4.00%, 09/01/28 (Call 09/01/26) |
6,850 | 7,018,506 | ||||||
|
4.00%, 09/01/29 |
5,225 | 5,546,828 | ||||||
|
4.00%, 08/01/31 (Call 08/01/26) |
5,000 | 5,112,301 | ||||||
|
4.00%, 09/01/31 (Call 09/01/26) |
1,010 | 1,033,362 | ||||||
|
4.00%, 08/01/32 (Call 08/01/26) |
2,000 | 2,043,442 | ||||||
|
4.00%, 09/01/32 (Call 09/01/26) |
3,000 | 3,067,734 | ||||||
|
4.00%, 09/01/33 (Call 09/01/26) |
4,035 | 4,122,973 | ||||||
|
4.00%, 11/01/33 (Call 11/01/27) |
20,630 | 21,245,506 | ||||||
|
4.00%, 10/01/34 (Call 10/01/29) |
4,850 | 5,069,242 | ||||||
|
4.00%, 10/01/34 (Call 04/01/31) |
1,405 | 1,488,250 | ||||||
|
4.00%, 11/01/34 (Call 11/01/27) |
3,915 | 4,016,314 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
29 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
4.00%, 09/01/35 (Call 09/01/26) |
$ | 9,575 | $ | 9,699,920 | ||||
|
4.00%, 11/01/35 (Call 11/01/27) |
7,440 | 7,553,682 | ||||||
|
4.00%, 03/01/36 (Call 03/01/30) |
3,500 | 3,613,650 | ||||||
|
4.00%, 09/01/36 (Call 09/01/26) |
13,560 | 13,670,739 | ||||||
|
4.00%, 10/01/36 (Call 04/01/31) |
6,945 | 7,164,656 | ||||||
|
4.00%, 11/01/36 (Call 11/01/27) |
8,000 | 8,081,590 | ||||||
|
4.00%, 03/01/37 (Call 03/01/30) |
3,125 | 3,200,780 | ||||||
|
4.00%, 10/01/37 (Call 04/01/31) |
3,300 | 3,374,998 | ||||||
|
4.00%, 11/01/37 (Call 11/01/30) |
1,530 | 1,562,437 | ||||||
|
4.00%, 03/01/38 (Call 03/01/30) |
12,960 | 13,178,661 | ||||||
|
4.00%, 11/01/38 (Call 11/01/30) |
5,560 | 5,662,045 | ||||||
|
4.00%, 11/01/39 (Call 11/01/30) |
5,000 | 5,058,818 | ||||||
|
4.00%, 03/01/40 (Call 03/01/30) |
13,405 | 13,475,327 | ||||||
|
4.00%, 10/01/41 (Call 04/01/31) |
26,705 | 26,811,427 | ||||||
|
4.00%, 11/01/41 (Call 11/01/25) |
8,750 | 8,751,733 | ||||||
|
4.00%, 04/01/42 (Call 04/01/32) |
21,240 | 21,239,618 | ||||||
|
4.00%, 10/01/44 (Call 10/01/29) |
11,655 | 11,551,740 | ||||||
|
4.00%, 11/01/44 (Call 11/01/24) |
1,500 | 1,486,650 | ||||||
|
4.00%, 03/01/45 (Call 03/01/25) |
6,500 | 6,420,922 | ||||||
|
4.00%, 08/01/45 (Call 08/01/25) |
1,750 | 1,728,407 | ||||||
|
4.00%, 11/01/45 (Call 11/01/25) |
10,350 | 10,221,263 | ||||||
|
4.00%, 03/01/46 (Call 03/01/30) |
12,805 | 12,686,795 | ||||||
|
4.00%, 11/01/47 (Call 11/01/27) |
15,750 | 15,444,836 | ||||||
|
4.00%, 04/01/49 (Call 04/01/32) |
7,000 | 6,925,914 | ||||||
|
4.00%, 03/01/50 (Call 03/01/30) |
1,915 | 1,883,744 | ||||||
|
4.00%, 11/01/50 (Call 11/01/25) |
6,575 | 6,413,302 | ||||||
|
4.25%, 09/01/52 (Call 09/01/32) |
2,190 | 2,213,236 | ||||||
|
4.50%, 12/01/43 (Call 12/01/23) |
2,605 | 2,607,967 | ||||||
|
5.00%, 09/01/23 |
25 | 25,000 | ||||||
|
5.00%, 10/01/23 |
425 | 425,594 | ||||||
|
5.00%, 10/01/23 |
5 | 5,007 | ||||||
|
5.00%, 11/01/23 |
3,000 | 3,009,069 | ||||||
|
5.00%, 12/01/23 |
4,770 | 4,792,142 | ||||||
|
5.00%, 03/01/24 |
2,325 | 2,347,481 | ||||||
|
5.00%, 04/01/24 |
1,740 | 1,759,646 | ||||||
|
5.00%, 08/01/24 |
2,735 | 2,783,821 | ||||||
|
5.00%, 09/01/24 |
8,425 | 8,589,582 | ||||||
|
5.00%, 09/01/24 (Call 10/02/23) |
30 | 30,042 | ||||||
|
5.00%, 10/01/24 |
34,395 | 35,116,330 | ||||||
|
5.00%, 11/01/24 |
28,675 | 29,330,849 | ||||||
|
5.00%, 08/01/25 |
8,395 | 8,705,806 | ||||||
|
5.00%, 09/01/25 |
2,025 | 2,103,449 | ||||||
|
5.00%, 09/01/25 (Call 10/02/23) |
1,000 | 1,001,536 | ||||||
|
5.00%, 10/01/25 |
11,575 | 12,015,928 | ||||||
|
5.00%, 10/01/25 (Call 10/02/23) |
15 | 15,023 | ||||||
|
5.00%, 10/01/25 (Call 10/01/24) |
2,115 | 2,151,080 | ||||||
|
5.00%, 11/01/25 |
5,500 | 5,719,003 | ||||||
|
5.00%, 11/01/25 (Call 11/01/23) |
5,765 | 5,780,880 | ||||||
|
5.00%, 12/01/25 (Call 12/01/23) |
1,020 | 1,023,649 | ||||||
|
5.00%, 03/01/26 (Call 03/01/25) |
3,810 | 3,912,524 | ||||||
|
5.00%, 04/01/26 |
7,875 | 8,259,234 | ||||||
|
5.00%, 10/01/26 |
4,860 | 5,148,521 | ||||||
|
5.00%, 10/01/26 (Call 10/01/24) |
4,320 | 4,397,356 | ||||||
|
5.00%, 11/01/26 |
2,280 | 2,419,463 | ||||||
|
5.00%, 12/01/26 |
7,000 | 7,440,934 | ||||||
|
5.00%, 03/01/27 (Call 03/01/25) |
3,920 | 4,032,274 | ||||||
|
5.00%, 04/01/27 |
3,385 | 3,627,001 | ||||||
|
5.00%, 08/01/27 |
5,205 | 5,605,177 | ||||||
|
5.00%, 09/01/27 (Call 09/01/26) |
6,210 | 6,583,737 | ||||||
|
5.00%, 10/01/27 |
25,465 | 27,517,003 | ||||||
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
5.00%, 10/01/27 (Call 10/01/24) |
$ | 2,020 | $ | 2,056,599 | ||||
|
5.00%, 11/01/27 |
30,225 | 32,714,485 | ||||||
|
5.00%, 11/01/27 (Call 11/01/23) |
2,300 | 2,306,662 | ||||||
|
5.00%, 12/01/27 |
3,660 | 3,968,044 | ||||||
|
5.00%, 04/01/28 |
6,520 | 7,142,768 | ||||||
|
5.00%, 08/01/28 (Call 08/01/25) |
1,250 | 1,296,470 | ||||||
|
5.00%, 08/01/28 (Call 08/01/27) |
2,760 | 2,969,614 | ||||||
|
5.00%, 09/01/28 |
6,505 | 7,147,507 | ||||||
|
5.00%, 09/01/28 (Call 10/02/23) |
1,000 | 1,001,751 | ||||||
|
5.00%, 09/01/28 (Call 09/01/26) |
3,670 | 3,879,267 | ||||||
|
5.00%, 10/01/28 |
25,815 | 28,404,787 | ||||||
|
5.00%, 10/01/28 (Call 10/01/24) |
2,000 | 2,036,449 | ||||||
|
5.00%, 11/01/28 |
8,395 | 9,250,199 | ||||||
|
5.00%, 11/01/28 (Call 11/01/27) |
3,600 | 3,890,904 | ||||||
|
5.00%, 03/01/29 |
1,000 | 1,108,140 | ||||||
|
5.00%, 04/01/29 |
26,470 | 29,373,092 | ||||||
|
5.00%, 08/01/29 (Call 08/01/26) |
5,000 | 5,274,161 | ||||||
|
5.00%, 08/01/29 (Call 08/01/27) |
26,175 | 28,156,293 | ||||||
|
5.00%, 08/01/29 (Call 08/01/28) |
2,635 | 2,890,835 | ||||||
|
5.00%, 09/01/29 (Call 09/01/26) |
6,755 | 7,135,858 | ||||||
|
5.00%, 10/01/29 |
24,330 | 27,224,644 | ||||||
|
5.00%, 10/01/29 (Call 10/01/24) |
4,675 | 4,763,174 | ||||||
|
5.00%, 10/01/29 (Call 04/01/26) |
6,445 | 6,759,729 | ||||||
|
5.00%, 10/01/29 (Call 10/01/28) |
15,000 | 16,503,916 | ||||||
|
5.00%, 11/01/29 (Call 11/01/23) |
2,855 | 2,862,053 | ||||||
|
5.00%, 11/01/29 (Call 11/01/27) |
5,455 | 5,893,441 | ||||||
|
5.00%, 03/01/30 (Call 03/01/25) |
2,000 | 2,052,943 | ||||||
|
5.00%, 04/01/30 |
25,150 | 28,378,644 | ||||||
|
5.00%, 08/01/30 (Call 08/01/25) |
3,240 | 3,348,756 | ||||||
|
5.00%, 08/01/30 (Call 08/01/27) |
7,785 | 8,348,877 | ||||||
|
5.00%, 08/01/30 (Call 08/01/28) |
4,000 | 4,379,655 | ||||||
|
5.00%, 09/01/30 (Call 09/01/26) |
1,000 | 1,055,360 | ||||||
|
5.00%, 10/01/30 (Call 10/01/24) |
2,000 | 2,038,146 | ||||||
|
5.00%, 11/01/30 |
24,955 | 28,430,346 | ||||||
|
5.00%, 11/01/30 (Call 11/01/27) |
8,780 | 9,455,462 | ||||||
|
5.00%, 12/01/30 |
4,955 | 5,652,724 | ||||||
|
5.00%, 03/01/31 (Call 03/01/30) |
6,195 | 6,971,089 | ||||||
|
5.00%, 04/01/31 |
1,000 | 1,145,569 | ||||||
|
5.00%, 04/01/31 (Call 04/01/29) |
1,385 | 1,535,971 | ||||||
|
5.00%, 05/01/31 (Call 05/01/24) |
1,310 | 1,325,718 | ||||||
|
5.00%, 08/01/31 (Call 08/01/24) |
2,500 | 2,540,805 | ||||||
|
5.00%, 09/01/31 |
2,500 | 2,883,054 | ||||||
|
5.00%, 09/01/31 (Call 09/01/26) |
6,715 | 7,081,917 | ||||||
|
5.00%, 10/01/31 |
8,735 | 10,084,569 | ||||||
|
5.00%, 10/01/31 (Call 10/01/24) |
2,540 | 2,588,446 | ||||||
|
5.00%, 11/01/31 |
4,200 | 4,854,264 | ||||||
|
5.00%, 11/01/31 (Call 11/01/23) |
4,550 | 4,561,169 | ||||||
|
5.00%, 11/01/31 (Call 11/01/27) |
7,000 | 7,541,264 | ||||||
|
5.00%, 11/01/31 (Call 11/01/28) |
3,000 | 3,300,211 | ||||||
|
5.00%, 12/01/31 |
1,000 | 1,157,057 | ||||||
|
5.00%, 12/01/31 (Call 12/01/23) |
1,500 | 1,505,691 | ||||||
|
5.00%, 12/01/31 (Call 06/01/26) |
2,500 | 2,625,215 | ||||||
|
5.00%, 03/01/32 (Call 03/01/30) |
2,500 | 2,812,883 | ||||||
|
5.00%, 04/01/32 |
10,125 | 11,766,935 | ||||||
|
5.00%, 04/01/32 (Call 04/01/29) |
4,000 | 4,434,960 | ||||||
|
5.00%, 08/01/32 (Call 08/01/25) |
6,000 | 6,201,292 | ||||||
|
5.00%, 08/01/32 (Call 08/01/26) |
5,000 | 5,251,906 | ||||||
|
5.00%, 08/01/32 (Call 08/01/27) |
5,000 | 5,361,974 | ||||||
|
5.00%, 09/01/32 (Call 09/01/26) |
15,920 | 16,743,704 | ||||||
|
5.00%, 10/01/32 (Call 10/01/24) |
1,000 | 1,018,967 | ||||||
| 30 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
5.00%, 10/01/32 (Call 10/01/29) |
$ | 4,800 | $ | 5,362,431 | ||||
|
5.00%, 10/01/32 (Call 04/01/31) |
2,855 | 3,267,786 | ||||||
|
5.00%, 10/01/32 (Call 10/01/31) |
7,500 | 8,648,105 | ||||||
|
5.00%, 11/01/32 (Call 11/01/23) |
4,315 | 4,325,456 | ||||||
|
5.00%, 11/01/32 (Call 11/01/28) |
3,700 | 4,067,059 | ||||||
|
5.00%, 12/01/32 (Call 06/01/26) |
2,100 | 2,199,760 | ||||||
|
5.00%, 03/01/33 (Call 03/01/25) |
2,500 | 2,565,823 | ||||||
|
5.00%, 03/01/33 (Call 03/01/30) |
3,000 | 3,367,326 | ||||||
|
5.00%, 04/01/33 |
1,000 | 1,174,796 | ||||||
|
5.00%, 04/01/33 (Call 04/01/24) |
4,815 | 4,865,253 | ||||||
|
5.00%, 04/01/33 (Call 04/01/29) |
11,190 | 12,399,471 | ||||||
|
5.00%, 08/01/33 (Call 08/01/24) |
2,000 | 2,032,105 | ||||||
|
5.00%, 08/01/33 (Call 08/01/25) |
3,460 | 3,575,563 | ||||||
|
5.00%, 10/01/33 (Call 04/01/24) |
13,165 | 13,301,650 | ||||||
|
5.00%, 10/01/33 (Call 10/01/24) |
2,820 | 2,872,888 | ||||||
|
5.00%, 03/01/34 (Call 03/01/30) |
14,240 | 15,969,509 | ||||||
|
5.00%, 09/01/34 (Call 09/01/26) |
18,780 | 19,734,360 | ||||||
|
5.00%, 10/01/34 (Call 04/01/33) |
13,000 | 15,213,722 | ||||||
|
5.00%, 11/01/34 (Call 11/01/28) |
4,035 | 4,428,353 | ||||||
|
5.00%, 12/01/34 (Call 06/01/26) |
2,650 | 2,771,237 | ||||||
|
5.00%, 12/01/34 (Call 12/01/30) |
5,470 | 6,181,021 | ||||||
|
5.00%, 03/01/35 (Call 03/01/30) |
36,960 | 41,255,170 | ||||||
|
5.00%, 04/01/35 (Call 04/01/24) |
2,500 | 2,524,102 | ||||||
|
5.00%, 04/01/35 (Call 04/01/32) |
2,955 | 3,397,150 | ||||||
|
5.00%, 08/01/35 (Call 08/01/24) |
1,980 | 2,009,120 | ||||||
|
5.00%, 08/01/35 (Call 08/01/25) |
1,000 | 1,029,359 | ||||||
|
5.00%, 08/01/35 (Call 08/01/26) |
5,070 | 5,319,104 | ||||||
|
5.00%, 08/01/35 (Call 08/01/27) |
6,415 | 6,861,339 | ||||||
|
5.00%, 09/01/35 (Call 09/01/26) |
1,500 | 1,575,235 | ||||||
|
5.00%, 10/01/35 (Call 04/01/26) |
10,160 | 10,598,192 | ||||||
|
5.00%, 10/01/35 (Call 04/01/33) |
2,000 | 2,314,782 | ||||||
|
5.00%, 10/01/35 |
520 | 545,108 | ||||||
|
5.00%, 03/01/36 (Call 03/01/30) |
4,745 | 5,260,236 | ||||||
|
5.00%, 04/01/36 (Call 04/01/29) |
7,500 | 8,228,261 | ||||||
|
5.00%, 08/01/36 (Call 08/01/26) |
6,235 | 6,524,992 | ||||||
|
5.00%, 08/01/36 (Call 08/01/27) |
2,215 | 2,360,489 | ||||||
|
5.00%, 09/01/36 (Call 09/01/26) |
3,415 | 3,577,086 | ||||||
|
5.00%, 09/01/36 (Call 09/01/32) |
3,665 | 4,180,272 | ||||||
|
5.00%, 10/01/36 (Call 04/01/33) |
29,825 | 34,220,107 | ||||||
|
5.00%, 11/01/36 (Call 11/01/27) |
2,000 | 2,136,408 | ||||||
|
5.00%, 11/01/36 (Call 11/01/28) |
3,590 | 3,894,423 | ||||||
|
5.00%, 11/01/36 (Call 11/01/30) |
9,850 | 10,954,366 | ||||||
|
5.00%, 12/01/36 (Call 12/01/30) |
2,000 | 2,224,971 | ||||||
|
5.00%, 04/01/37 (Call 04/01/24) |
3,500 | 3,528,777 | ||||||
|
5.00%, 04/01/37 (Call 04/01/32) |
3,005 | 3,393,375 | ||||||
|
5.00%, 08/01/37 (Call 08/01/28) |
2,625 | 2,824,831 | ||||||
|
5.00%, 10/01/37 (Call 10/01/24) |
2,000 | 2,028,625 | ||||||
|
5.00%, 10/01/37 (Call 10/01/31) |
2,000 | 2,235,659 | ||||||
|
5.00%, 11/01/37 (Call 11/01/28) |
5,000 | 5,392,374 | ||||||
|
5.00%, 11/01/37 (Call 11/01/32) |
17,500 | 19,789,390 | ||||||
|
5.00%, 04/01/38 (Call 04/01/29) |
1,000 | 1,082,418 | ||||||
|
5.00%, 08/01/38 (Call 08/01/26) |
6,500 | 6,776,980 | ||||||
|
5.00%, 10/01/39 (Call 04/01/26) |
1,500 | 1,554,849 | ||||||
|
5.00%, 10/01/39 (Call 10/01/29) |
5,230 | 5,676,534 | ||||||
|
5.00%, 09/01/41 (Call 09/01/31) |
43,095 | 47,256,852 | ||||||
|
5.00%, 04/01/42 (Call 10/01/27) |
4,765 | 5,024,718 | ||||||
|
5.00%, 04/01/42 (Call 04/01/32) |
1,690 | 1,855,304 | ||||||
|
5.00%, 09/01/42 (Call 09/01/32) |
5,000 | 5,509,301 | ||||||
|
5.00%, 10/01/42 (Call 04/01/29) |
5,000 | 5,360,903 | ||||||
|
5.00%, 11/01/42 (Call 11/01/32) |
21,485 | 23,706,749 | ||||||
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
5.00%, 11/01/43 (Call 11/01/23) |
$ | 22,075 | $ | 22,121,179 | ||||
|
5.00%, 05/01/44 (Call 05/01/24) |
1,000 | 1,007,647 | ||||||
|
5.00%, 10/01/44 (Call 10/01/24) |
8,265 | 8,365,026 | ||||||
|
5.00%, 09/01/45 (Call 09/01/26) |
16,275 | 16,903,176 | ||||||
|
5.00%, 09/01/46 (Call 09/01/26) |
3,495 | 3,627,147 | ||||||
|
5.00%, 12/01/46 (Call 12/01/30) |
3,240 | 3,485,350 | ||||||
|
5.00%, 04/01/47 (Call 04/01/32) |
14,725 | 15,987,738 | ||||||
|
5.00%, 10/01/47 (Call 04/01/26) |
5,075 | 5,231,900 | ||||||
|
5.00%, 11/01/47 (Call 11/01/27) |
4,250 | 4,464,616 | ||||||
|
5.00%, 09/01/52 (Call 09/01/32) |
12,000 | 12,995,041 | ||||||
|
5.25%, 08/01/30 (Call 08/01/25) |
4,000 | 4,156,375 | ||||||
|
5.25%, 08/01/32 (Call 08/01/25) |
3,525 | 3,661,415 | ||||||
|
5.25%, 10/01/39 (Call 04/01/26) |
7,795 | 8,145,154 | ||||||
|
5.25%, 10/01/45 (Call 04/01/33) |
17,105 | 19,158,575 | ||||||
|
5.25%, 09/01/47 (Call 09/01/32) |
11,000 | 12,189,685 | ||||||
|
5.25%, 10/01/50 (Call 04/01/33) |
5,000 | 5,546,765 | ||||||
|
5.50%, 02/01/25 |
250 | 258,459 | ||||||
|
Series B, 2.25%, 11/01/43 (Call 11/01/30) |
5,000 | 3,396,567 | ||||||
|
Series B, 5.00%, 08/01/24 |
4,775 | 4,860,236 | ||||||
|
Series B, 5.00%, 09/01/24 |
6,315 | 6,438,363 | ||||||
|
Series B, 5.00%, 08/01/25 |
4,070 | 4,220,683 | ||||||
|
Series B, 5.00%, 09/01/26 |
3,510 | 3,712,099 | ||||||
|
Series B, 5.00%, 11/01/27 |
8,310 | 8,994,454 | ||||||
|
Series B, 5.00%, 11/01/28 |
6,000 | 6,611,221 | ||||||
|
Series B, 5.00%, 11/01/29 |
10,280 | 11,519,037 | ||||||
|
Series B, 5.00%, 11/01/31 (Call 11/01/30) |
9,000 | 10,234,434 | ||||||
|
Series B, 5.00%, 11/01/32 (Call 11/01/30) |
15,110 | 17,164,473 | ||||||
|
Series B, 5.00%, 11/01/35 (Call 11/01/30) |
7,950 | 8,907,066 | ||||||
|
Series C, 5.00%, 08/01/26 (Call 02/01/25) |
1,000 | 1,026,261 | ||||||
|
Series C, 5.00%, 09/01/26 (Call 09/01/25) |
1,500 | 1,555,663 | ||||||
|
Series C, 5.00%, 08/01/27 (Call 02/01/25) |
1,500 | 1,541,516 | ||||||
|
Series C, 5.00%, 08/01/28 (Call 08/01/26) |
4,325 | 4,564,201 | ||||||
|
Series C, 5.00%, 08/01/29 (Call 02/01/25) |
2,500 | 2,565,677 | ||||||
|
Series C, 5.00%, 08/01/30 (Call 02/01/25) |
7,000 | 7,174,615 | ||||||
|
Series C, 5.00%, 08/01/30 (Call 08/01/26) |
4,525 | 4,768,546 | ||||||
|
Series C, 5.00%, 08/01/32 (Call 02/01/25) |
1,580 | 1,619,392 | ||||||
|
Series C, 5.00%, 09/01/32 (Call 09/01/25) |
4,225 | 4,372,735 | ||||||
|
Series C, 5.00%, 08/01/33 (Call 02/01/25) |
2,000 | 2,049,643 | ||||||
|
Torrance Unified School District GO, Series T, 4.00%, 08/01/40 (Call 08/01/24) |
1,000 | 985,201 | ||||||
|
Ukiah Unified School District/CA GO, Series 2005, 0.00%, 08/01/28 (NPFGC)(a) |
3,750 | 3,138,498 | ||||||
|
University of California GO, VRDN, 2.90%, 05/15/48 (Put 08/31/23)(b) |
20,335 | 20,335,000 | ||||||
|
University of California RB |
||||||||
|
3.00%, 05/15/51 (05/15/31) |
5,000 | 3,698,388 | ||||||
|
4.00%, 05/15/33 (Call 05/15/27) |
4,500 | 4,624,659 | ||||||
|
4.00%, 05/15/35 (Call 05/15/27) |
5,000 | 5,073,861 | ||||||
|
4.00%, 05/15/39 (Call 05/15/31) |
1,710 | 1,740,433 | ||||||
|
5.00%, 05/15/31 (Call 05/15/27) |
10,060 | 10,809,929 | ||||||
|
5.00%, 05/15/32 |
9,265 | 10,924,943 | ||||||
|
5.00%, 05/15/35 (Call 05/15/27) |
2,660 | 2,845,453 | ||||||
|
5.00%, 05/15/36 (Call 05/15/33) |
7,200 | 8,378,956 | ||||||
|
5.00%, 05/15/37 (Call 05/15/26) |
11,340 | 11,833,628 | ||||||
|
5.00%, 05/15/37 (Call 05/15/33) |
4,270 | 4,915,126 | ||||||
|
5.00%, 05/15/41 (Call 05/15/33) |
36,840 | 41,450,408 | ||||||
|
5.00%, 05/15/42 (Call 05/15/33) |
31,000 | 34,685,385 | ||||||
|
5.00%, 05/15/52 (Call 05/15/32) |
17,335 | 18,803,113 | ||||||
|
Series AL 4, VRDN, 2.85%, 05/15/48 (Put 09/01/23)(b) |
15,950 | 15,950,000 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
31 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
Series AM, 4.00%, 05/15/34 (Call 05/15/24) |
$ | 10,000 | $ | 10,037,692 | ||||
|
Series AM, 5.25%, 05/15/44 (Call 05/15/24) |
10,000 | 10,107,530 | ||||||
|
Series AO, 5.00%, 05/15/27 (Call 05/15/25) |
5,000 | 5,165,383 | ||||||
|
Series AO, 5.00%, 05/15/32 (Call 05/15/25) |
8,615 | 8,879,856 | ||||||
|
Series AR, 5.00%, 05/15/41 (Call 05/15/26) |
5,000 | 5,180,483 | ||||||
|
Series AR, 5.00%, 05/15/46 (Call 05/15/26) |
12,845 | 13,270,467 | ||||||
|
Series AV, 5.00%, 05/15/47 (Call 05/15/27) |
10,000 | 10,452,516 | ||||||
|
Series AV, 5.00%, 05/15/49 (Call 05/15/27) |
18,500 | 19,282,186 | ||||||
|
Series AV, 5.25%, 05/15/47 (Call 05/15/27) |
1,170 | 1,232,546 | ||||||
|
Series AY, 5.00%, 05/15/30 (Call 05/15/27) |
465 | 499,741 | ||||||
|
Series AY, 5.00%, 05/15/31 (Call 05/15/27) |
3,000 | 3,223,637 | ||||||
|
Series AY, 5.00%, 05/15/36 (Call 05/15/27) |
15,880 | 16,894,032 | ||||||
|
Series AY, 5.00%, 05/15/37 (Call 05/15/27) |
11,345 | 12,011,531 | ||||||
|
Series AZ, 4.00%, 05/15/28 |
1,020 | 1,067,854 | ||||||
|
Series AZ, 4.00%, 05/15/48 (Call 05/15/28) |
2,000 | 1,964,984 | ||||||
|
Series AZ, 5.00%, 05/15/48 (Call 05/15/28) |
5,020 | 5,289,029 | ||||||
|
Series AZ, 5.25%, 05/15/58 (Call 05/15/28) |
2,000 | 2,123,466 | ||||||
|
Series B, 4.00%, 05/15/39 (Call 05/15/31) |
2,000 | 2,040,966 | ||||||
|
Series BB, 5.00%, 05/15/49 (Call 05/15/29) |
5,000 | 5,277,662 | ||||||
|
Series BE, 4.00%, 05/15/40 (Call 05/15/30) |
10,070 | 10,178,653 | ||||||
|
Series BE, 4.00%, 05/15/47 (Call 05/15/30) |
35,465 | 34,928,035 | ||||||
|
Series BE, 4.00%, 05/15/50 (Call 05/15/30) |
11,000 | 10,756,784 | ||||||
|
Series BE, 5.00%, 05/15/33 (Call 05/15/30) |
1,000 | 1,136,623 | ||||||
|
Series BE, 5.00%, 05/15/34 (Call 05/15/30) |
1,500 | 1,702,632 | ||||||
|
Series BE, 5.00%, 05/15/36 (Call 05/15/30) |
1,500 | 1,677,384 | ||||||
|
Series BE, 5.00%, 05/15/38 (Call 05/15/30) |
1,000 | 1,101,806 | ||||||
|
Series BE, 5.00%, 05/15/39 (Call 05/15/30) |
5,820 | 6,387,266 | ||||||
|
Series BE, 5.00%, 05/15/41 (Call 05/15/30) |
1,405 | 1,533,184 | ||||||
|
Series BE, 5.00%, 05/15/42 (Call 05/15/30) |
6,000 | 6,519,655 | ||||||
|
Series BH, 4.00%, 05/15/46 (Call 05/15/31) |
5,500 | 5,430,987 | ||||||
|
Series BH, 4.00%, 05/15/51 (Call 05/15/31) |
3,250 | 3,169,267 | ||||||
|
Series I, 4.00%, 05/15/36 (Call 05/15/25) |
1,000 | 986,820 | ||||||
|
Series I, 5.00%, 05/15/32 (Call 05/15/25) |
3,070 | 3,162,330 | ||||||
|
Series K, 4.00%, 05/15/46 (Call 05/15/26) |
21,045 | 20,658,656 | ||||||
|
Series M, 4.00%, 05/15/47 (Call 05/15/27) |
4,580 | 4,476,668 | ||||||
|
Series M, 5.00%, 05/15/47 (Call 05/15/27) |
14,075 | 14,692,125 | ||||||
|
Series M, 5.00%, 05/15/52 (Call 05/15/27) |
9,250 | 9,614,476 | ||||||
|
Series O, 5.00%, 05/15/58 (Call 05/15/28) |
3,000 | 3,145,346 | ||||||
|
Series O, 5.50%, 05/15/58 (Call 05/15/28) |
2,000 | 2,141,222 | ||||||
|
Series Q, 4.00%, 05/15/36 (Call 05/15/31) |
1,610 | 1,683,942 | ||||||
|
Series Q, 5.00%, 05/15/46 (Call 05/15/31) |
5,075 | 5,500,621 | ||||||
|
Upper Santa Clara Valley Joint Powers Authority RB |
||||||||
|
Series A, 4.00%, 08/01/45 (Call 08/01/25) |
3,450 | 3,359,549 | ||||||
|
Series A, 4.00%, 08/01/50 (Call 08/01/25) |
8,435 | 8,083,972 | ||||||
|
Ventura County Community College District GO, 0.00%, 08/01/28(a) |
15,000 | 12,773,802 | ||||||
|
Walnut Valley Unified School District GO, 4.00%, 08/01/51 (08/01/32) |
3,000 | 2,885,422 | ||||||
|
West Valley-Mission Community College District GO, Series B, 4.00%, 08/01/40 (Call 08/01/25) |
1,750 | 1,749,314 | ||||||
|
Westminster School District GO |
||||||||
|
0.00%, 08/01/48 (Call 08/01/39) (BAM) |
8,345 | 5,255,949 | ||||||
|
0.00%, 08/01/52 (Call 08/01/39) (BAM) |
15,000 | 9,453,996 | ||||||
|
William S Hart Union High School District GO, Series B, 0.00%, 08/01/34 (AGM)(a) |
4,825 | 3,198,963 | ||||||
|
|
|
|||||||
| 6,431,112,331 | ||||||||
| Colorado — 1.3% | ||||||||
|
Board of Governors of Colorado State University System RB |
||||||||
|
Series A, 4.00%, 03/01/49 (Call 03/01/25) |
4,000 | 3,687,489 | ||||||
| Security |
Par (000) |
Value | ||||||
| Colorado (continued) | ||||||||
|
Series A, 4.13%, 03/01/55 (Call 03/01/25) |
$ | 30,000 | $ | 28,018,035 | ||||
|
Series C, 4.00%, 03/01/47 (Call 03/01/28) (ST HGR ED INTERCEPT PROG) |
18,625 | 17,343,892 | ||||||
|
Series E-1, 5.00%, 03/01/47 (Call 03/01/25) (HERBIP) |
1,000 | 1,023,257 | ||||||
|
Board of Water Commissioners City & County of Denver (The) RB |
||||||||
|
5.00%, 12/15/45 (Call 12/15/32) |
5,770 | 6,276,852 | ||||||
|
5.00%, 12/15/52 (Call 12/15/32) |
25,285 | 27,224,542 | ||||||
|
Series A, 4.00%, 09/15/42 (Call 09/15/27) |
2,500 | 2,428,186 | ||||||
|
Series A, 5.00%, 09/15/47 (Call 09/15/27) |
5,575 | 5,797,003 | ||||||
|
Series B, 5.00%, 09/15/30 |
5,495 | 6,213,684 | ||||||
|
Boulder Valley School District No Re-2 Boulder GO, 5.00%, 12/01/39 (Call 06/01/25) (SAW) |
22,710 | 23,106,626 | ||||||
|
City & County of Denver CO Airport System Revenue RB |
||||||||
|
Series B, 5.00%, 11/15/43 (Call 10/02/23) |
140 | 140,052 | ||||||
|
Series B, 5.00%, 11/15/43 (Call 11/15/23) |
3,000 | 3,002,521 | ||||||
|
Series B, 5.00%, 12/01/48 (Call 12/01/28) |
2,000 | 2,056,429 | ||||||
|
City & County of Denver CO Dedicated Excise Tax Revenue |
||||||||
|
Series A, 5.00%, 08/01/44 (Call 08/01/26) |
9,500 | 9,712,765 | ||||||
|
Series A-1, 5.00%, 08/01/41 (Call 08/01/26) |
1,000 | 1,023,771 | ||||||
|
City & County of Denver Co. Airport System Revenue RB |
||||||||
|
4.00%, 12/01/43 (Call 12/01/28) |
5,000 | 4,775,291 | ||||||
|
5.00%, 11/15/25 |
1,055 | 1,093,782 | ||||||
|
5.00%, 11/15/28 |
500 | 546,498 | ||||||
|
5.00%, 11/15/47 (Call 11/15/32) |
2,500 | 2,673,294 | ||||||
|
5.25%, 11/15/53 (Call 11/15/32) |
3,000 | 3,242,684 | ||||||
|
Series A, 5.00%, 11/15/24 |
1,085 | 1,106,948 | ||||||
|
Series B, 4.00%, 11/15/31 (Call 10/02/23) |
2,310 | 2,310,620 | ||||||
|
City & County of Denver Co. COP, 5.00%, 12/01/32 |
2,320 | 2,674,991 | ||||||
|
City & County of Denver Co. GO |
||||||||
|
Series A, 5.00%, 08/01/38 (Call 08/01/32) |
16,200 | 18,138,803 | ||||||
|
Series A, 5.00%, 08/01/39 (Call 08/01/32) |
7,010 | 7,811,348 | ||||||
|
Series B, 5.00%, 08/01/26 |
16,500 | 17,390,292 | ||||||
|
Series B, 5.00%, 08/01/29 |
11,000 | 12,249,110 | ||||||
|
Series B, 5.00%, 08/01/30 |
24,375 | 27,590,747 | ||||||
|
City & County of Denver Co. RB, Series A, 4.00%, 08/01/46 (Call 08/01/26) |
10,000 | 9,279,551 | ||||||
|
City of Aurora CO Water Revenue RB, 5.00%, 08/01/46 (Call 08/01/26) |
24,380 | 25,674,629 | ||||||
|
City of Colorado Springs CO Utilities System Revenue RB |
||||||||
|
Series A-1, 5.00%, 11/15/24 |
3,000 | 3,056,439 | ||||||
|
Series A-1, 5.00%, 11/15/25 |
5,950 | 6,172,565 | ||||||
|
Colorado State Education Loan Program, 5.00%, 06/28/24 |
20,000 | 20,252,532 | ||||||
|
County of Adams CO COP, 4.00%, 12/01/45 (Call 12/01/25) |
700 | 647,885 | ||||||
|
Denver City & County School District No. 1 GO |
||||||||
|
5.00%, 12/01/37 (Call 12/01/26) (SAW) |
2,035 | 2,120,128 | ||||||
|
5.00%, 12/01/38 (Call 12/01/26) (SAW) |
1,830 | 1,903,144 | ||||||
|
5.00%, 12/01/39 (Call 12/01/30) |
4,520 | 4,920,740 | ||||||
|
Series A, 5.50%, 12/01/23 (NPFGC, SAW) |
1,070 | 1,075,549 | ||||||
|
Series B, 3.00%, 12/01/29 (Call 10/02/23) (SAW) |
1,000 | 973,673 | ||||||
|
Series B, 4.00%, 12/01/27 (SAW) |
5,840 | 6,081,110 | ||||||
|
Series B, 4.00%, 12/01/28 (SAW) |
5,000 | 5,253,118 | ||||||
| 32 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| Colorado (continued) | ||||||||
|
E-470 Public Highway Authority RB |
||||||||
|
0.00%, 09/01/28 (NPFGC)(a) |
$ | 2,900 | $ | 2,405,665 | ||||
|
0.00%, 09/01/35(a) |
1,000 | 602,858 | ||||||
|
Series A, 0.00%, 09/01/34 (NPFGC)(a) |
22,000 | 14,124,673 | ||||||
|
Series A, 0.00%, 09/01/40(a) |
2,745 | 1,224,685 | ||||||
|
Series A, 0.00%, 09/01/41(a) |
3,495 | 1,473,786 | ||||||
|
Series A, 5.00%, 09/01/40 (Call 09/01/24) |
1,600 | 1,612,258 | ||||||
|
Series B, 0.00%, 09/01/23 (NPFGC)(a) |
165 | 165,000 | ||||||
|
Series B, 0.00%, 09/01/24 (NPFGC)(a) |
1,165 | 1,121,557 | ||||||
|
Series B, 0.00%, 09/01/29 (NPFGC)(a) |
2,500 | 1,992,699 | ||||||
|
Regional Transportation District Sales Tax Revenue RB |
||||||||
|
4.00%, 11/01/39 (Call 05/01/31) |
15,500 | 15,242,962 | ||||||
|
5.00%, 11/01/28 |
7,000 | 7,681,409 | ||||||
|
5.00%, 11/01/29 |
5,000 | 5,560,859 | ||||||
|
Series A, 5.00%, 11/01/27 |
1,500 | 1,618,664 | ||||||
|
Series A, 5.00%, 11/01/28 |
1,650 | 1,810,618 | ||||||
|
Series A, 5.00%, 11/01/41 (Call 11/01/26) |
2,765 | 2,847,773 | ||||||
|
Series A, 5.00%, 11/01/46 (Call 11/01/26) |
10,250 | 10,532,342 | ||||||
|
Series B, 5.00%, 11/01/33 (Call 11/01/27) |
1,645 | 1,756,426 | ||||||
|
State of Colorado COP |
||||||||
|
6.00%, 12/15/41 (Call 12/15/32) |
10,000 | 11,698,900 | ||||||
|
Series N, 4.00%, 03/15/43 (Call 03/15/28) |
3,500 | 3,364,966 | ||||||
|
Series O, 4.00%, 03/15/44 (Call 03/15/29) |
1,000 | 954,659 | ||||||
|
University of Colorado RB |
||||||||
|
Series A-2, 4.00%, 06/01/35 (PR 06/01/28) |
3,000 | 3,138,346 | ||||||
|
Series A-2, 4.00%, 06/01/43 (Call 06/01/28) |
2,000 | 1,920,844 | ||||||
|
|
|
|||||||
| 418,922,524 | ||||||||
| Connecticut — 2.1% | ||||||||
|
Connecticut State Health & Educational Facilities Authority RB |
||||||||
|
2.80%, 07/01/57 |
7,600 | 7,418,343 | ||||||
|
VRDN, 3.80%, 07/01/42 (Call 08/31/23)(b) |
52,800 | 52,800,000 | ||||||
|
Series 2015-A, VRDN, 0.38%, 07/01/35(b) |
3,735 | 3,604,012 | ||||||
|
Series 2017 B-1, 5.00%, 07/01/29 |
5,000 | 5,580,021 | ||||||
|
Series C-1, VRDN, 5.00%, 07/01/40(b) |
17,945 | 19,443,442 | ||||||
|
State of Connecticut Clean Water Fund - State Revolving Fund RB, 5.00%, 05/01/30 (Call 05/01/27) |
1,590 | 1,703,460 | ||||||
|
State of Connecticut GO |
||||||||
|
4.00%, 01/15/31 |
1,565 | 1,658,912 | ||||||
|
4.00%, 01/15/36 (Call 01/15/30) |
4,000 | 4,083,963 | ||||||
|
5.00%, 08/01/25 |
1,000 | 1,033,264 | ||||||
|
5.00%, 07/15/27 |
1,700 | 1,818,707 | ||||||
|
5.00%, 06/15/28 (Call 06/15/25) |
10,000 | 10,285,438 | ||||||
|
5.00%, 07/15/28 |
2,735 | 2,981,865 | ||||||
|
5.00%, 11/15/28 (Call 11/15/25) |
5,000 | 5,176,562 | ||||||
|
5.00%, 06/15/29 (Call 06/15/25) |
10,000 | 10,289,183 | ||||||
|
5.00%, 06/15/29 (Call 06/15/28) |
14,690 | 15,927,650 | ||||||
|
5.00%, 08/01/31 |
1,000 | 1,138,773 | ||||||
|
5.00%, 09/15/31 |
600 | 684,432 | ||||||
|
5.00%, 06/15/32 (Call 06/15/25) |
2,265 | 2,325,957 | ||||||
|
5.00%, 08/01/32 |
1,000 | 1,151,029 | ||||||
|
5.00%, 08/01/33 |
1,000 | 1,163,918 | ||||||
|
5.00%, 04/15/35 (Call 04/15/27) |
6,000 | 6,340,409 | ||||||
|
Series 2021 A, 3.00%, 01/15/32 (Call 01/15/31) |
3,970 | 3,772,832 | ||||||
|
Series 2021 A, 3.00%, 01/15/33 (Call 01/15/31) |
6,970 | 6,589,978 | ||||||
|
Series 2021 A, 3.00%, 01/15/34 (Call 01/15/31) |
4,000 | 3,736,007 | ||||||
|
Series 2021 A, 3.00%, 01/15/36 (Call 01/15/31) |
3,000 | 2,684,938 | ||||||
|
Series 2021 A, 3.00%, 01/15/38 (Call 01/15/31) |
5,000 | 4,246,042 | ||||||
|
Series 2021 A, 3.00%, 01/15/39 (Call 01/15/31) |
1,000 | 829,882 | ||||||
| Security |
Par (000) |
Value | ||||||
| Connecticut (continued) | ||||||||
|
Series 2021 A, 3.00%, 01/15/40 (Call 01/15/31) |
$ | 5,000 | $ | 4,062,624 | ||||
|
Series 2021 A, 4.00%, 01/15/25 |
3,500 | 3,534,853 | ||||||
|
Series 2021 A, 4.00%, 01/15/27 |
3,000 | 3,078,534 | ||||||
|
Series 2021 A, 4.00%, 01/15/29 |
5,000 | 5,238,625 | ||||||
|
Series A, 3.00%, 01/15/39 (Call 01/15/30) |
2,000 | 1,658,273 | ||||||
|
Series A, 4.00%, 01/15/26 |
1,500 | 1,523,467 | ||||||
|
Series A, 4.00%, 01/15/27 |
3,790 | 3,889,214 | ||||||
|
Series A, 4.00%, 01/15/28 |
1,250 | 1,296,731 | ||||||
|
Series A, 4.00%, 01/15/31 |
4,270 | 4,526,232 | ||||||
|
Series A, 4.00%, 01/15/33 (Call 01/15/30) |
3,000 | 3,143,104 | ||||||
|
Series A, 4.00%, 01/15/33 (Call 01/15/32) |
16,155 | 17,036,079 | ||||||
|
Series A, 4.00%, 01/15/34 (Call 01/15/32) |
1,500 | 1,575,806 | ||||||
|
Series A, 4.00%, 01/15/35 (Call 01/15/30) |
5,500 | 5,676,282 | ||||||
|
Series A, 4.00%, 01/15/35 (Call 01/15/32) |
5,205 | 5,417,287 | ||||||
|
Series A, 4.00%, 01/15/37 (Call 01/15/30) |
2,000 | 2,023,002 | ||||||
|
Series A, 5.00%, 10/15/24 (Call 10/15/23) |
1,775 | 1,778,080 | ||||||
|
Series A, 5.00%, 10/15/25 (Call 10/15/23) |
3,000 | 3,005,205 | ||||||
|
Series A, 5.00%, 10/15/26 (Call 10/15/23) |
1,160 | 1,162,013 | ||||||
|
Series A, 5.00%, 01/15/28 |
2,000 | 2,160,038 | ||||||
|
Series A, 5.00%, 01/15/29 |
4,535 | 4,976,619 | ||||||
|
Series A, 5.00%, 04/15/30 (Call 04/15/29) |
1,365 | 1,502,574 | ||||||
|
Series A, 5.00%, 01/15/31 (Call 01/15/30) |
2,000 | 2,224,686 | ||||||
|
Series A, 5.00%, 04/15/33 (Call 04/15/27) |
1,660 | 1,761,743 | ||||||
|
Series A, 5.00%, 04/15/34 (Call 04/15/27) |
7,000 | 7,421,574 | ||||||
|
Series A, 5.00%, 04/15/34 (Call 04/15/29) |
225 | 245,655 | ||||||
|
Series A, 5.00%, 04/15/36 (Call 04/15/29) |
2,300 | 2,480,194 | ||||||
|
Series B, 3.00%, 01/15/40 (Call 01/15/32) |
14,250 | 11,578,478 | ||||||
|
Series B, 3.00%, 06/01/40 (Call 06/01/31) |
5,425 | 4,386,688 | ||||||
|
Series B, 4.00%, 06/15/33 (Call 06/15/25) |
27,000 | 27,260,653 | ||||||
|
Series B, 4.00%, 01/15/36 (Call 01/15/32) |
3,000 | 3,079,184 | ||||||
|
Series B, 4.00%, 01/15/38 (Call 01/15/32) |
12,235 | 12,269,149 | ||||||
|
Series B, 5.00%, 01/15/24 |
5,260 | 5,290,844 | ||||||
|
Series B, 5.00%, 05/15/24 |
1,700 | 1,720,075 | ||||||
|
Series B, 5.00%, 04/15/25 |
2,500 | 2,569,795 | ||||||
|
Series B, 5.00%, 05/15/25 |
1,930 | 1,986,760 | ||||||
|
Series B, 5.00%, 05/15/26 |
3,580 | 3,747,256 | ||||||
|
Series B, 5.00%, 06/15/27 (Call 06/15/25) |
2,300 | 2,367,019 | ||||||
|
Series B, 5.00%, 06/01/41 (Call 06/01/31) |
2,150 | 2,322,469 | ||||||
|
Series C, 5.00%, 07/15/24 |
12,225 | 12,404,168 | ||||||
|
Series C, 5.00%, 06/15/28 |
1,000 | 1,088,535 | ||||||
|
Series D, 5.00%, 09/15/23 |
4,810 | 4,812,210 | ||||||
|
Series D, 5.00%, 07/15/24 |
6,875 | 6,975,759 | ||||||
|
Series D, 5.00%, 09/15/24 |
1,000 | 1,017,566 | ||||||
|
Series D, 5.00%, 09/15/26 |
7,535 | 7,939,439 | ||||||
|
Series D, 5.00%, 09/15/27 |
625 | 670,840 | ||||||
|
Series E, 5.00%, 09/15/23 |
3,965 | 3,966,822 | ||||||
|
Series E, 5.00%, 10/15/23 |
5,655 | 5,665,455 | ||||||
|
Series E, 5.00%, 10/15/25 |
3,040 | 3,147,530 | ||||||
|
Series E, 5.00%, 10/15/28 (Call 10/15/26) |
5,000 | 5,272,820 | ||||||
|
Series E, 5.00%, 10/15/33 (Call 10/15/26) |
4,170 | 4,359,536 | ||||||
|
Series F, 5.00%, 09/15/23 |
2,335 | 2,336,073 | ||||||
|
Series F, 5.00%, 11/15/23 |
4,545 | 4,559,793 | ||||||
|
Series F, 5.00%, 09/15/26 |
1,110 | 1,169,579 | ||||||
|
Series F, 5.00%, 11/15/27 (Call 11/15/25) |
2,080 | 2,156,622 | ||||||
|
Series F, 5.00%, 11/15/31 (Call 11/15/25) |
4,945 | 5,108,508 | ||||||
|
Series F, 5.00%, 11/15/32 (Call 11/15/25) |
2,000 | 2,065,506 | ||||||
|
Series F, 5.00%, 11/15/34 (Call 11/15/25) |
2,000 | 2,062,089 | ||||||
|
State of Connecticut Special Tax Obligation RB, 5.00%, 09/01/24 |
2,340 | 2,377,234 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
33 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| Connecticut (continued) | ||||||||
|
State of Connecticut Special Tax Revenue, 5.00%, 01/01/24 |
$ | 3,000 | $ | 3,015,357 | ||||
|
State of Connecticut Special Tax Revenue RB |
||||||||
|
4.00%, 05/01/37 (Call 05/01/31) |
2,350 | 2,379,687 | ||||||
|
4.00%, 05/01/39 (Call 05/01/30) (BAM-TCRS) |
7,750 | 7,718,237 | ||||||
|
4.00%, 05/01/40 (Call 05/01/31) |
5,000 | 4,924,873 | ||||||
|
5.00%, 09/01/25 (Call 09/01/24) |
5,090 | 5,167,064 | ||||||
|
5.00%, 10/01/31 (Call 10/01/28) |
14,605 | 15,851,475 | ||||||
|
5.00%, 01/01/34 (Call 01/01/28) |
18,000 | 19,297,183 | ||||||
|
Series A, 4.00%, 05/01/24 |
6,270 | 6,295,577 | ||||||
|
Series A, 4.00%, 05/01/36 (Call 05/01/30) |
1,950 | 1,992,879 | ||||||
|
Series A, 4.00%, 05/01/36 (Call 05/01/31) |
1,245 | 1,272,889 | ||||||
|
Series A, 4.00%, 09/01/36 (Call 09/01/26) |
10,000 | 10,019,887 | ||||||
|
Series A, 4.00%, 05/01/39 (Call 05/01/30) |
8,515 | 8,460,554 | ||||||
|
Series A, 4.00%, 05/01/39 (Call 05/01/31) |
7,500 | 7,449,203 | ||||||
|
Series A, 5.00%, 01/01/24 |
5,055 | 5,080,877 | ||||||
|
Series A, 5.00%, 10/01/24 (Call 10/02/23) |
3,940 | 3,944,497 | ||||||
|
Series A, 5.00%, 05/01/25 |
880 | 903,829 | ||||||
|
Series A, 5.00%, 09/01/25 (Call 09/01/24) |
5,000 | 5,075,701 | ||||||
|
Series A, 5.00%, 05/01/26 |
3,000 | 3,137,769 | ||||||
|
Series A, 5.00%, 08/01/26 (Call 08/01/25) |
1,000 | 1,031,266 | ||||||
|
Series A, 5.00%, 01/01/27 |
8,000 | 8,469,214 | ||||||
|
Series A, 5.00%, 08/01/27 (Call 08/01/25) |
5,050 | 5,209,151 | ||||||
|
Series A, 5.00%, 09/01/27 (Call 09/01/24) |
1,575 | 1,598,161 | ||||||
|
Series A, 5.00%, 08/01/28 (Call 08/01/25) |
1,000 | 1,030,654 | ||||||
|
Series A, 5.00%, 09/01/28 (Call 09/01/24) |
1,000 | 1,013,756 | ||||||
|
Series A, 5.00%, 09/01/29 (Call 09/01/26) |
4,000 | 4,199,795 | ||||||
|
Series A, 5.00%, 05/01/30 |
5,000 | 5,598,111 | ||||||
|
Series A, 5.00%, 10/01/30 (Call 10/02/23) |
6,930 | 6,936,112 | ||||||
|
Series A, 5.00%, 09/01/31 (Call 09/01/24) |
1,000 | 1,012,966 | ||||||
|
Series A, 5.00%, 05/01/32 (Call 05/01/31) |
5,775 | 6,532,010 | ||||||
|
Series A, 5.00%, 08/01/32 (Call 08/01/25) |
1,200 | 1,234,461 | ||||||
|
Series A, 5.00%, 09/01/32 (Call 09/01/24) |
7,640 | 7,733,923 | ||||||
|
Series A, 5.00%, 10/01/32 (Call 10/02/23) |
17,635 | 17,649,699 | ||||||
|
Series A, 5.00%, 05/01/33 (Call 05/01/30) |
4,000 | 4,463,980 | ||||||
|
Series A, 5.00%, 08/01/33 (Call 08/01/25) |
1,000 | 1,028,554 | ||||||
|
Series A, 5.00%, 09/01/33 (Call 09/01/26) |
1,000 | 1,043,981 | ||||||
|
Series A, 5.00%, 05/01/34 (Call 05/01/30) |
5,000 | 5,569,797 | ||||||
|
Series A, 5.00%, 05/01/34 (Call 05/01/31) |
4,000 | 4,514,735 | ||||||
|
Series A, 5.00%, 09/01/34 (Call 09/01/26) |
9,500 | 9,905,588 | ||||||
|
Series A, 5.00%, 05/01/35 (Call 05/01/30) |
5,565 | 6,148,614 | ||||||
|
Series A, 5.00%, 05/01/35 (Call 05/01/31) |
3,250 | 3,638,399 | ||||||
|
Series A, 5.00%, 01/01/37 (Call 01/01/28) |
2,000 | 2,111,480 | ||||||
|
Series A, 5.00%, 05/01/37 (Call 05/01/30) |
3,485 | 3,788,311 | ||||||
|
Series A, 5.00%, 05/01/38 (Call 05/01/30) |
4,960 | 5,358,616 | ||||||
|
Series A, 5.00%, 05/01/41 (Call 05/01/31) |
1,300 | 1,402,881 | ||||||
|
Series B, 5.00%, 10/01/25 |
1,500 | 1,551,946 | ||||||
|
Series B, 5.00%, 10/01/30 (Call 10/01/28) |
1,000 | 1,084,649 | ||||||
|
Series B, 5.00%, 10/01/33 (Call 10/01/28) |
5,020 | 5,441,271 | ||||||
|
Series B, 5.00%, 10/01/35 (Call 10/01/28) |
1,500 | 1,611,724 | ||||||
|
Series B, 5.00%, 10/01/38 (Call 10/01/28) |
1,500 | 1,583,663 | ||||||
|
Series D, 5.00%, 11/01/27 |
4,520 | 4,862,909 | ||||||
|
Series D, 5.00%, 11/01/28 |
3,525 | 3,862,837 | ||||||
|
Town of Greenwich CT GO |
||||||||
|
5.00%, 01/15/25 |
4,545 | 4,653,319 | ||||||
|
5.00%, 01/15/26 |
5,270 | 5,510,260 | ||||||
|
|
|
|||||||
| 688,976,298 | ||||||||
| Security |
Par (000) |
Value | ||||||
| Delaware — 0.8% | ||||||||
|
Delaware Transportation Authority RB |
||||||||
|
5.00%, 07/01/30 |
$ | 5,000 | $ | 5,648,640 | ||||
|
5.00%, 06/01/55 (Call 06/01/25) |
14,360 | 14,540,831 | ||||||
|
State of Delaware |
||||||||
|
4.00%, 05/01/40 (Call 05/01/33) |
13,420 | 13,467,246 | ||||||
|
5.00%, 07/01/24 |
1,000 | 1,013,985 | ||||||
|
State of Delaware GO |
||||||||
|
4.00%, 02/01/32 (Call 02/01/31) |
9,365 | 9,905,021 | ||||||
|
4.00%, 05/01/42 (Call 05/01/33) |
15,000 | 14,928,620 | ||||||
|
5.00%, 10/01/23 |
4,900 | 4,905,872 | ||||||
|
5.00%, 02/01/24 |
5,500 | 5,537,907 | ||||||
|
5.00%, 03/01/26 |
3,855 | 4,035,193 | ||||||
|
5.00%, 07/01/26 (Call 07/01/24) |
6,090 | 6,175,171 | ||||||
|
5.00%, 02/01/27 |
7,470 | 7,965,742 | ||||||
|
5.00%, 02/01/28 |
6,705 | 7,290,887 | ||||||
|
5.00%, 03/01/28 |
5,465 | 5,950,185 | ||||||
|
5.00%, 02/01/29 |
2,000 | 2,213,123 | ||||||
|
5.00%, 03/01/29 |
3,000 | 3,324,421 | ||||||
|
5.00%, 01/01/30 |
2,240 | 2,517,005 | ||||||
|
5.00%, 05/01/30 |
15,955 | 18,027,891 | ||||||
|
5.00%, 02/01/31 |
2,595 | 2,970,369 | ||||||
|
5.00%, 03/01/31 |
3,820 | 4,378,604 | ||||||
|
5.00%, 05/01/31 |
17,035 | 19,578,474 | ||||||
|
5.00%, 03/01/33 (Call 03/01/32) |
12,800 | 14,804,397 | ||||||
|
5.00%, 05/01/37 (Call 05/01/33) |
8,690 | 9,863,472 | ||||||
|
5.00%, 05/01/39 (Call 05/01/33) |
13,000 | 14,540,271 | ||||||
|
Series A, 5.00%, 03/01/24 |
1,040 | 1,048,691 | ||||||
|
Series A, 5.00%, 01/01/26 |
8,940 | 9,317,334 | ||||||
|
Series A, 5.00%, 01/01/27 |
1,160 | 1,234,829 | ||||||
|
Series A, 5.00%, 01/01/28 |
4,175 | 4,535,741 | ||||||
|
University of Delaware RB |
||||||||
|
5.00%, 11/01/45 (PR 05/01/25) |
12,625 | 12,983,329 | ||||||
|
VRDN, 3.77%, 11/01/34 (Put 08/31/23)(b) |
26,530 | 26,530,000 | ||||||
|
Series C, VRDN, 3.93%, 11/01/37 (Put 08/31/23)(b) |
15,000 | 15,000,000 | ||||||
|
|
|
|||||||
| 264,233,251 | ||||||||
| District of Columbia — 2.1% | ||||||||
|
District of Columbia GO |
||||||||
|
4.00%, 02/01/46 (Call 02/01/31) |
1,500 | 1,445,841 | ||||||
|
5.00%, 06/01/27 |
2,500 | 2,678,149 | ||||||
|
5.00%, 06/01/29 |
5,000 | 5,524,722 | ||||||
|
5.00%, 06/01/30 |
4,000 | 4,486,794 | ||||||
|
5.00%, 10/15/32 (Call 04/15/29) |
13,490 | 14,792,072 | ||||||
|
5.00%, 02/01/33 (Call 02/01/31) |
2,300 | 2,605,620 | ||||||
|
5.00%, 01/01/34 (Call 01/01/33) |
1,000 | 1,153,622 | ||||||
|
5.00%, 01/01/35 (Call 01/01/33) |
500 | 579,121 | ||||||
|
5.00%, 01/01/36 (Call 01/01/33) |
500 | 572,884 | ||||||
|
5.00%, 06/01/36 (Call 06/01/27) |
2,650 | 2,780,875 | ||||||
|
5.00%, 01/01/37 (Call 01/01/33) |
1,000 | 1,134,151 | ||||||
|
5.00%, 01/01/38 (Call 01/01/33) |
1,000 | 1,119,826 | ||||||
|
5.00%, 01/01/40 (Call 01/01/33) |
1,000 | 1,107,536 | ||||||
|
5.00%, 10/15/40 (Call 04/15/29) |
4,665 | 4,990,547 | ||||||
|
5.00%, 01/01/41 (Call 01/01/33) |
1,000 | 1,100,448 | ||||||
|
5.00%, 02/01/41 (Call 02/01/31) |
1,725 | 1,871,505 | ||||||
|
5.00%, 01/01/42 (Call 01/01/33) |
2,000 | 2,188,628 | ||||||
|
5.00%, 01/01/43 (Call 01/01/33) |
13,000 | 14,162,638 | ||||||
|
5.25%, 01/01/48 (Call 01/01/33) |
17,790 | 19,454,801 | ||||||
|
Series A, 4.00%, 06/01/37 (Call 06/01/27) |
3,060 | 3,068,555 | ||||||
|
Series A, 5.00%, 10/15/23 |
9,050 | 9,066,732 | ||||||
|
Series A, 5.00%, 06/01/26 (Call 06/01/25) |
1,250 | 1,283,116 | ||||||
|
Series A, 5.00%, 10/15/27 |
2,000 | 2,158,803 | ||||||
| 34 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| District of Columbia (continued) | ||||||||
|
Series A, 5.00%, 10/15/28 |
$ | 2,045 | $ | 2,247,550 | ||||
|
Series A, 5.00%, 10/15/29 (Call 04/15/29) |
3,500 | 3,860,828 | ||||||
|
Series A, 5.00%, 06/01/31 (Call 06/01/26) |
9,250 | 9,685,548 | ||||||
|
Series A, 5.00%, 06/01/32 (Call 06/01/27) |
2,000 | 2,117,170 | ||||||
|
Series A, 5.00%, 06/01/33 (Call 06/01/27) |
1,900 | 2,011,998 | ||||||
|
Series A, 5.00%, 10/15/33 (Call 04/15/29) |
5,000 | 5,492,616 | ||||||
|
Series A, 5.00%, 06/01/34 (Call 06/01/27) |
2,500 | 2,641,721 | ||||||
|
Series A, 5.00%, 06/01/37 (Call 06/01/27) |
3,720 | 3,889,535 | ||||||
|
Series A, 5.00%, 10/15/37 (Call 04/15/29) |
5,000 | 5,380,151 | ||||||
|
Series A, 5.00%, 06/01/41 (Call 06/01/26) |
10,920 | 11,225,927 | ||||||
|
Series A, 5.00%, 06/01/43 (Call 06/01/28) |
3,950 | 4,113,276 | ||||||
|
Series A, 5.00%, 10/15/44 (Call 04/15/29) |
29,090 | 30,587,280 | ||||||
|
Series B, 5.00%, 06/01/24 |
4,155 | 4,207,194 | ||||||
|
Series B, 5.00%, 06/01/25 |
2,175 | 2,237,730 | ||||||
|
Series B, 5.00%, 06/01/26 (Call 06/01/25) |
2,000 | 2,052,986 | ||||||
|
Series C, 5.00%, 06/01/33 (Call 06/01/24) |
15,000 | 15,167,545 | ||||||
|
Series C, 5.00%, 06/01/35 (Call 06/01/24) |
3,720 | 3,761,007 | ||||||
|
Series C, 5.00%, 06/01/38 (Call 06/01/24) |
2,000 | 2,018,394 | ||||||
|
Series D, 5.00%, 06/01/26 |
4,000 | 4,199,088 | ||||||
|
Series D, 5.00%, 06/01/27 |
4,060 | 4,349,315 | ||||||
|
Series D, 5.00%, 02/01/30 |
2,200 | 2,455,064 | ||||||
|
Series D, 5.00%, 02/01/32 (Call 02/01/31) |
4,000 | 4,531,492 | ||||||
|
Series D, 5.00%, 06/01/41 (Call 12/01/26) |
7,805 | 8,060,334 | ||||||
|
Series D, 5.00%, 02/01/46 (Call 02/01/31) |
7,875 | 8,392,276 | ||||||
|
Series E, 4.00%, 02/01/37 (Call 02/01/31) |
1,835 | 1,849,131 | ||||||
|
Series E, 5.00%, 02/01/26 |
15,580 | 16,246,682 | ||||||
|
Series E, 5.00%, 02/01/28 |
1,495 | 1,621,122 | ||||||
|
Series E, 5.00%, 02/01/35 (Call 02/01/31) |
5,000 | 5,642,297 | ||||||
|
District of Columbia RB |
||||||||
|
4.00%, 05/01/38 (Call 05/01/30) |
2,605 | 2,607,033 | ||||||
|
4.00%, 03/01/40 (Call 09/01/29) |
4,370 | 4,300,486 | ||||||
|
5.00%, 12/01/26 |
3,585 | 3,801,703 | ||||||
|
5.00%, 03/01/27 |
5,000 | 5,329,234 | ||||||
|
5.00%, 12/01/27 |
2,015 | 2,180,407 | ||||||
|
5.00%, 12/01/28 |
2,750 | 3,028,796 | ||||||
|
5.00%, 12/01/29 |
7,000 | 7,824,940 | ||||||
|
5.00%, 12/01/30 |
8,500 | 9,637,405 | ||||||
|
5.00%, 10/01/31 |
8,000 | 9,180,066 | ||||||
|
5.00%, 12/01/31 |
15,590 | 17,927,360 | ||||||
|
5.00%, 12/01/32 |
5,000 | 5,799,948 | ||||||
|
5.00%, 07/01/33 (Call 07/01/32) |
2,075 | 2,404,820 | ||||||
|
5.00%, 12/01/33 (Call 12/01/29) |
6,000 | 6,604,378 | ||||||
|
5.00%, 12/01/34 (Call 12/01/29) |
2,450 | 2,700,190 | ||||||
|
5.00%, 07/01/35 (Call 07/01/32) |
2,125 | 2,433,778 | ||||||
|
5.00%, 07/01/40 (Call 07/01/32) |
12,970 | 14,302,385 | ||||||
|
5.00%, 07/01/42 (Call 07/01/32) |
5,230 | 5,712,906 | ||||||
|
Series A, 4.00%, 03/01/37 (Call 09/01/29) |
2,000 | 2,012,931 | ||||||
|
Series A, 4.00%, 03/01/44 (Call 09/01/29) |
2,000 | 1,922,983 | ||||||
|
Series A, 4.00%, 03/01/45 (Call 03/01/30) |
3,000 | 2,866,756 | ||||||
|
Series A, 5.00%, 03/01/29 |
2,000 | 2,208,793 | ||||||
|
Series A, 5.00%, 03/01/31 (Call 09/01/29) |
2,500 | 2,769,303 | ||||||
|
Series A, 5.00%, 03/01/32 (Call 09/01/29) |
1,500 | 1,658,385 | ||||||
|
Series A, 5.00%, 03/01/33 (Call 09/01/29) |
4,005 | 4,424,869 | ||||||
|
Series A, 5.00%, 03/01/34 (Call 09/01/29) |
7,040 | 7,753,463 | ||||||
|
Series A, 5.00%, 03/01/35 (Call 09/01/29) |
6,355 | 6,955,909 | ||||||
|
Series A, 5.00%, 03/01/35 (Call 03/01/30) |
1,065 | 1,185,780 | ||||||
|
Series A, 5.00%, 03/01/36 (Call 09/01/29) |
2,000 | 2,171,804 | ||||||
|
Series A, 5.00%, 03/01/39 (Call 03/01/30) |
4,400 | 4,770,130 | ||||||
|
Series A, 5.00%, 03/01/40 (Call 03/01/30) |
2,530 | 2,734,257 | ||||||
|
Series A, 5.00%, 03/01/44 (Call 09/01/29) |
4,100 | 4,309,914 | ||||||
| Security |
Par (000) |
Value | ||||||
| District of Columbia (continued) | ||||||||
|
Series B, 5.00%, 10/01/25 |
$ | 33,855 | $ | 35,075,628 | ||||
|
Series B, 5.00%, 10/01/26 |
9,265 | 9,792,678 | ||||||
|
Series B, 5.00%, 10/01/27 |
11,835 | 12,765,063 | ||||||
|
Series B-1, 5.00%, 02/01/31 (Call 10/02/23) (NPFGC) |
80 | 80,059 | ||||||
|
Series C, 4.00%, 05/01/45 (Call 05/01/30) |
2,210 | 2,112,651 | ||||||
|
Series C, 5.00%, 10/01/24 |
3,975 | 4,045,335 | ||||||
|
Series C, 5.00%, 10/01/25 |
1,060 | 1,098,218 | ||||||
|
Series C, 5.00%, 10/01/26 |
2,270 | 2,399,285 | ||||||
|
Series C, 5.00%, 10/01/27 |
2,140 | 2,308,174 | ||||||
|
Series C, 5.00%, 10/01/29 |
5,155 | 5,747,012 | ||||||
|
Series C, 5.00%, 05/01/45 (Call 05/01/30) |
3,270 | 3,485,864 | ||||||
|
District of Columbia Water & Sewer Authority RB |
||||||||
|
5.50%, 10/01/23 (AGM) |
50 | 50,077 | ||||||
|
Series A, 5.00%, 10/01/25 |
2,120 | 2,195,573 | ||||||
|
Series A, 5.00%, 10/01/36 (Call 04/01/26) |
8,520 | 8,824,939 | ||||||
|
Series A, 5.00%, 10/01/48 (PR 10/01/23) |
8,315 | 8,324,964 | ||||||
|
Series A, 5.00%, 10/01/49 (Call 04/01/28) |
23,715 | 24,637,945 | ||||||
|
Series A, 5.00%, 10/01/52 (Call 04/01/27) |
3,000 | 3,084,897 | ||||||
|
Series B, 5.00%, 10/01/49 (Call 04/01/28) |
14,425 | 14,986,395 | ||||||
|
Series B, 5.25%, 10/01/44 (Call 10/01/25) |
2,000 | 2,040,417 | ||||||
|
Series C, 5.00%, 10/01/44 (Call 10/01/24) |
12,060 | 12,268,286 | ||||||
|
Metropolitan Washington Airports Authority Dulles Toll Road Revenue RB |
||||||||
|
0.00%, 10/01/35(a) |
13,940 | 8,452,024 | ||||||
|
Series A, 0.00%, 10/01/37(a) |
4,000 | 2,018,004 | ||||||
|
Series A, 5.00%, 10/01/44 (Call 10/01/28) |
1,000 | 1,031,306 | ||||||
|
Series B, 4.00%, 10/01/44 (Call 10/01/29) |
5,250 | 4,865,990 | ||||||
|
Series B, 4.00%, 10/01/49 (Call 10/01/29) |
5,250 | 4,725,034 | ||||||
|
Series B, 4.00%, 10/01/53 (Call 10/01/29) |
5,000 | 4,424,396 | ||||||
|
Series B, 4.00%, 10/01/53 (Call 10/01/29) (AGM) |
3,000 | 2,735,415 | ||||||
|
Series B, 5.00%, 10/01/47 (Call 10/01/29) |
1,000 | 1,025,891 | ||||||
|
Washington Metropolitan Area Transit Authority Dedicated Revenue RB |
||||||||
|
5.00%, 07/15/26 |
3,360 | 3,532,358 | ||||||
|
5.00%, 07/15/35 (07/15/33) |
1,100 | 1,244,591 | ||||||
|
5.00%, 07/15/37 (07/15/33) |
1,000 | 1,117,986 | ||||||
|
5.00%, 07/15/40 (07/15/33) |
1,500 | 1,648,423 | ||||||
|
5.00%, 07/15/42 (07/15/33) |
5,655 | 6,159,973 | ||||||
|
5.00%, 07/15/43 (07/15/33) |
1,000 | 1,087,120 | ||||||
|
5.00%, 07/15/45 (07/15/33) |
1,000 | 1,078,617 | ||||||
|
5.00%, 07/15/48 (07/15/33) |
5,000 | 5,336,727 | ||||||
|
5.25%, 07/15/53 (07/15/33) |
4,500 | 4,877,911 | ||||||
|
Washington Metropolitan Area Transit Authority RB |
||||||||
|
Series A, 3.00%, 07/15/43 (Call 07/15/31) |
10,000 | 7,789,217 | ||||||
|
Series A, 4.00%, 07/15/35 (Call 07/15/31) |
1,500 | 1,549,482 | ||||||
|
Series A, 4.00%, 07/15/39 (Call 07/15/31) |
1,000 | 999,734 | ||||||
|
Series A, 4.00%, 07/15/40 (Call 07/15/30) |
2,000 | 1,978,623 | ||||||
|
Series A, 4.00%, 07/15/43 (Call 07/15/31) |
12,305 | 11,955,390 | ||||||
|
Series A, 5.00%, 07/15/25 |
1,000 | 1,031,530 | ||||||
|
Series A, 5.00%, 07/15/27 |
500 | 535,479 | ||||||
|
Series A, 5.00%, 07/15/36 (Call 07/15/30) |
11,730 | 12,877,405 | ||||||
|
Series A, 5.00%, 07/15/37 (Call 07/15/30) |
2,765 | 3,012,478 | ||||||
|
Series A, 5.00%, 07/15/37 (Call 07/15/31) |
2,750 | 3,019,677 | ||||||
|
Series A, 5.00%, 07/15/38 (Call 07/15/30) |
2,000 | 2,159,291 | ||||||
|
Series A, 5.00%, 07/15/41 (Call 07/15/31) |
2,000 | 2,158,759 | ||||||
|
Series A, 5.00%, 07/15/45 (Call 07/15/30) |
2,000 | 2,119,918 | ||||||
|
Series A, 5.00%, 07/15/46 (Call 07/15/31) |
2,250 | 2,383,312 | ||||||
|
Series B, 5.00%, 07/01/36 (Call 07/01/27) |
1,700 | 1,773,494 | ||||||
|
|
|
|||||||
| 688,922,370 | ||||||||
|
S C H E D U L E O F I N V E S T M E N T S |
35 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| Florida — 1.1% | ||||||||
|
Broward County FL Water & Sewer Utility Revenue RB, Series A, 5.00%, 10/01/40 (Call 10/01/29) |
$ | 5,225 | $ | 5,590,413 | ||||
|
Central Florida Expressway Authority RB |
||||||||
|
2.13%, 07/01/36 (Call 07/01/31) (AGM) |
1,000 | 763,514 | ||||||
|
4.00%, 07/01/35 (Call 07/01/31) (AGM) |
500 | 520,121 | ||||||
|
4.00%, 07/01/37 (Call 07/01/31) (AGM) |
3,440 | 3,469,247 | ||||||
|
4.00%, 07/01/38 (Call 07/01/31) (AGM) |
1,000 | 1,000,585 | ||||||
|
4.00%, 07/01/41 (Call 07/01/27) |
2,775 | 2,609,303 | ||||||
|
5.00%, 07/01/26 (AGM) |
455 | 476,452 | ||||||
|
5.00%, 07/01/27 (AGM) |
10,450 | 11,151,552 | ||||||
|
5.00%, 07/01/28 (AGM) |
1,000 | 1,090,855 | ||||||
|
5.00%, 07/01/30 (AGM) |
1,000 | 1,127,089 | ||||||
|
5.00%, 07/01/32 (Call 07/01/31) (AGM) |
500 | 570,043 | ||||||
|
5.00%, 07/01/38 (Call 07/01/27) |
2,835 | 2,951,526 | ||||||
|
5.00%, 07/01/43 (Call 07/01/28) |
2,000 | 2,076,926 | ||||||
|
Series B, 4.00%, 07/01/31 (Call 07/01/26) |
1,050 | 1,060,191 | ||||||
|
Series B, 4.00%, 07/01/36 (Call 07/01/26) |
2,000 | 1,977,506 | ||||||
|
Series B, 5.00%, 07/01/26 |
4,000 | 4,183,090 | ||||||
|
Series B, 5.00%, 07/01/28 (Call 07/01/26) |
3,500 | 3,656,987 | ||||||
|
Series B, 5.00%, 07/01/34 (Call 07/01/26) |
1,000 | 1,032,040 | ||||||
|
Series B, 5.00%, 07/01/44 (Call 07/01/29) |
2,500 | 2,607,675 | ||||||
|
Series B, 5.00%, 07/01/49 (Call 07/01/29) |
2,500 | 2,597,753 | ||||||
|
City of Gainesville FL Utilities System Revenue RB |
||||||||
|
Series A, 5.00%, 10/01/37 (Call 10/01/27) |
1,000 | 1,049,726 | ||||||
|
Series A, 5.00%, 10/01/44 (Call 10/01/29) |
1,500 | 1,574,700 | ||||||
|
City of Tampa FL Water & Wastewater System Revenue RB |
||||||||
|
Series A, 4.00%, 10/01/44 (Call 10/01/30) |
1,000 | 964,639 | ||||||
|
Series A, 5.00%, 10/01/50 (Call 10/01/30) |
12,000 | 12,684,958 | ||||||
|
Series A, 5.00%, 10/01/54 (Call 10/01/30) |
4,205 | 4,421,895 | ||||||
|
County of Broward FL Airport System Revenue RB, Series C, 5.25%, 10/01/28 (Call 10/01/23) |
5,385 | 5,392,409 | ||||||
|
County of Miami-Dade FL Aviation Revenue RB |
||||||||
|
5.00%, 10/01/41 (Call 10/01/26) |
13,290 | 13,505,588 | ||||||
|
Series B, 5.00%, 10/01/37 (Call 10/01/24) |
6,705 | 6,752,516 | ||||||
|
County of Miami-Dade FL GO |
||||||||
|
Series 2016A, 4.00%, 07/01/39 (Call 07/01/30) |
5,000 | 4,960,566 | ||||||
|
Series A, 4.00%, 07/01/42 (Call 07/01/25) |
2,000 | 1,935,203 | ||||||
|
Series A, 5.00%, 07/01/38 (Call 07/01/26) |
2,000 | 2,056,972 | ||||||
|
Series D, 5.00%, 07/01/45 (Call 07/01/26) |
8,505 | 8,674,315 | ||||||
|
County of Miami-Dade FL RB, 5.00%, 10/01/35 (Call 10/01/26) |
2,000 | 2,055,664 | ||||||
|
County of Miami-Dade FL Transit System RB |
||||||||
|
4.00%, 07/01/39 (Call 07/01/29) |
2,000 | 1,972,739 | ||||||
|
4.00%, 07/01/48 (Call 07/01/28) |
5,215 | 4,852,294 | ||||||
|
5.00%, 07/01/43 (Call 07/01/28) |
2,000 | 2,079,733 | ||||||
|
Series A, 4.00%, 07/01/49 (Call 07/01/30) |
3,500 | 3,237,192 | ||||||
|
Series A, 4.00%, 07/01/50 (Call 07/01/30) |
5,000 | 4,605,890 | ||||||
|
County of Miami-Dade FL Water & Sewer System Revenue RB |
||||||||
|
4.00%, 10/01/38 (Call 10/01/27) |
18,605 | 18,624,321 | ||||||
|
4.00%, 10/01/39 (Call 04/01/31) |
1,000 | 995,772 | ||||||
|
4.00%, 10/01/41 (Call 04/01/31) |
1,000 | 981,839 | ||||||
|
4.00%, 10/01/46 (Call 04/01/31) |
5,050 | 4,790,516 | ||||||
|
4.00%, 10/01/48 (Call 04/01/31) |
2,000 | 1,870,160 | ||||||
|
4.00%, 10/01/51 (Call 04/01/31) |
2,000 | 1,854,508 | ||||||
|
5.00%, 10/01/24 |
4,110 | 4,178,808 | ||||||
|
5.00%, 10/01/25 |
2,625 | 2,711,109 | ||||||
|
Series A, 4.00%, 10/01/44 (Call 10/01/27) |
3,235 | 3,111,887 | ||||||
|
Series B, 4.00%, 10/01/35 (Call 10/01/27) |
7,600 | 7,656,769 | ||||||
| Security |
Par (000) |
Value | ||||||
| Florida (continued) | ||||||||
|
Series B, 4.00%, 10/01/37 (Call 10/01/27) |
$ | 6,500 | $ | 6,501,234 | ||||
|
Series B, 4.00%, 10/01/44 (Call 10/01/29) |
2,345 | 2,255,757 | ||||||
|
Series B, 4.00%, 10/01/49 (Call 10/01/29) |
7,000 | 6,508,396 | ||||||
|
Series B, 5.00%, 10/01/27 |
1,000 | 1,072,230 | ||||||
|
Series B, 5.00%, 10/01/30 (Call 10/01/25) |
2,000 | 2,050,967 | ||||||
|
Series B, 5.00%, 10/01/32 (Call 10/01/25) |
2,000 | 2,048,558 | ||||||
|
Series B, 5.00%, 10/01/44 (Call 10/01/29) |
2,000 | 2,068,050 | ||||||
|
County of Miami-Dade Seaport Department RB, Series A, 6.00%, 10/01/38 (Call 10/01/23) |
6,610 | 6,622,030 | ||||||
|
Florida Department of Management Services COP, Series A, 5.00%, 11/01/28 |
1,750 | 1,920,352 | ||||||
|
Florida Municipal Power Agency RB |
||||||||
|
Series A, 5.00%, 10/01/29 (Call 10/01/26) |
5,360 | 5,600,598 | ||||||
|
Series A, 5.00%, 10/01/30 (Call 10/01/26) |
2,500 | 2,606,287 | ||||||
|
Series A, 5.00%, 10/01/31 (Call 10/01/26) |
830 | 863,323 | ||||||
|
Hillsborough County Aviation Authority RB |
||||||||
|
Series A, 5.00%, 10/01/44 (Call 10/01/24) |
1,000 | 1,002,725 | ||||||
|
Series B, 5.00%, 10/01/40 (Call 10/01/24) |
3,075 | 3,129,736 | ||||||
|
Series B, 5.00%, 10/01/44 (Call 10/01/24) |
2,425 | 2,468,166 | ||||||
|
Series B, 5.00%, 10/01/47 (Call 10/01/31) |
2,000 | 2,124,390 | ||||||
|
Series F, 5.00%, 10/01/48 (Call 10/01/28) |
7,000 | 7,217,793 | ||||||
|
Miami Beach Redevelopment Agency TA, Series 2015-A, 5.00%, 02/01/40 (Call 02/01/24) (AGM) |
1,000 | 1,002,819 | ||||||
|
Miami-Dade County Educational Facilities Authority RB |
||||||||
|
Series A, 5.00%, 04/01/40 (Call 04/01/25) |
6,000 | 6,067,741 | ||||||
|
Series A, 5.00%, 04/01/45 (Call 04/01/25) |
4,000 | 4,033,400 | ||||||
|
Miami-Dade County Expressway Authority RB |
||||||||
|
Series A, 5.00%, 07/01/35 (Call 10/02/23) (AGM) |
975 | 975,637 | ||||||
|
Series A, 5.00%, 07/01/39 (Call 07/01/24) |
2,830 | 2,838,471 | ||||||
|
Series A, 5.00%, 07/01/40 (Call 10/02/23) |
2,105 | 2,105,446 | ||||||
|
Series A, 5.00%, 07/01/44 (Call 07/01/24) |
1,000 | 978,055 | ||||||
|
Series B, 5.00%, 07/01/25 (Call 07/01/24) |
1,320 | 1,334,653 | ||||||
|
Series B, 5.00%, 07/01/26 (Call 07/01/24) |
1,020 | 1,029,212 | ||||||
|
Mid-Bay Bridge Authority RB |
||||||||
|
Series A, 5.00%, 10/01/35 (Call 10/01/25) |
1,000 | 1,011,965 | ||||||
|
Series A, 5.00%, 10/01/40 (Call 10/01/25) |
3,000 | 3,008,800 | ||||||
|
Orange County Convention Center/Orlando RB |
||||||||
|
5.00%, 10/01/24 |
1,285 | 1,301,092 | ||||||
|
Series B, 4.00%, 10/01/36 (Call 10/01/26) |
2,070 | 2,053,256 | ||||||
|
Orange County School Board COP, Series C, 5.00%, 08/01/34 (Call 08/01/26) |
2,500 | 2,625,818 | ||||||
|
Orlando Utilities Commission RB |
||||||||
|
Series A, 4.00%, 10/01/39 (Call 04/01/31) |
4,685 | 4,643,311 | ||||||
|
Series A, 4.00%, 10/01/40 (Call 04/01/31) |
4,000 | 3,945,344 | ||||||
|
Series A, 5.00%, 10/01/25 |
1,595 | 1,651,209 | ||||||
|
Palm Beach County School District, 5.25%, 08/01/38 (Call 08/01/32) |
2,000 | 2,223,891 | ||||||
|
Palm Beach County School District COP |
||||||||
|
Series C, 5.00%, 08/01/29 (Call 08/01/28) |
2,530 | 2,738,576 | ||||||
|
Series D, 5.00%, 08/01/31 (Call 08/01/25) |
2,000 | 2,047,639 | ||||||
|
School Board of Miami-Dade County (The) COP |
||||||||
|
5.00%, 11/01/27 (Call 11/01/24) |
3,300 | 3,347,985 | ||||||
|
Series A, 4.00%, 08/01/29 (Call 10/02/23) |
1,000 | 1,000,571 | ||||||
|
Series A, 5.00%, 05/01/30 (Call 05/01/25) |
1,000 | 1,019,622 | ||||||
|
Series B, 5.00%, 05/01/27 (Call 05/01/25) |
2,500 | 2,546,236 | ||||||
|
Series D, 5.00%, 02/01/27 (Call 02/01/26) |
2,000 | 2,069,753 | ||||||
|
Series D, 5.00%, 02/01/30 (Call 02/01/26) |
2,000 | 2,061,353 | ||||||
|
School District of Broward County/FL COP |
||||||||
|
Series A, 5.00%, 07/01/27 |
1,750 | 1,867,485 | ||||||
|
Series A, 5.00%, 07/01/32 (Call 07/01/30) |
2,000 | 2,214,216 | ||||||
| 36 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| Florida (continued) | ||||||||
|
Series A, 5.00%, 07/01/34 (Call 07/01/30) |
$ | 2,000 | $ | 2,217,379 | ||||
|
Series C, 5.00%, 07/01/26 |
2,000 | 2,094,297 | ||||||
|
South Florida Water Management District COP |
||||||||
|
5.00%, 10/01/33 (Call 04/01/26) |
1,000 | 1,037,538 | ||||||
|
5.00%, 10/01/35 (Call 04/01/26) |
5,000 | 5,165,268 | ||||||
|
State of Florida Department of Transportation Turnpike System Revenue RB |
||||||||
|
5.00%, 07/01/47 (Call 07/01/32) |
6,395 | 6,865,314 | ||||||
|
Series A, 4.00%, 07/01/48 (Call 07/01/28) |
4,000 | 3,711,172 | ||||||
|
State of Florida GO |
||||||||
|
4.00%, 06/01/36 (Call 06/01/27) |
13,590 | 13,802,685 | ||||||
|
Series B, 4.00%, 07/01/48 (Call 07/01/28) |
7,500 | 7,107,791 | ||||||
|
Series B, 5.00%, 06/01/25 |
2,460 | 2,534,318 | ||||||
|
Series C, 5.00%, 06/01/24 |
1,200 | 1,214,722 | ||||||
|
State of Florida Lottery Revenue RB, Series B, 5.00%, 07/01/25 |
1,100 | 1,132,537 | ||||||
|
Tampa-Hillsborough County Expressway Authority RB |
||||||||
|
5.00%, 07/01/47 (Call 07/01/27) |
6,210 | 6,325,558 | ||||||
|
Series B, 4.00%, 07/01/42 (Call 07/01/28) |
12,725 | 11,944,125 | ||||||
|
|
|
|||||||
| 365,022,408 | ||||||||
| Georgia — 3.0% | ||||||||
|
City of Atlanta GA Airport Passenger Facility Charge RB |
||||||||
|
5.00%, 07/01/44 (Call 07/01/33) |
2,000 | 2,160,550 | ||||||
|
Series A, 5.00%, 01/01/29 (Call 01/01/24) |
1,000 | 1,004,459 | ||||||
|
Series C, 5.00%, 07/01/36 (Call 07/01/29) |
2,500 | 2,689,732 | ||||||
|
Series C, 5.00%, 07/01/39 (Call 07/01/29) |
2,500 | 2,632,553 | ||||||
|
City of Atlanta GA Department of Aviation RB |
||||||||
|
4.00%, 07/01/49 (Call 07/01/29) |
6,145 | 5,743,499 | ||||||
|
4.00%, 07/01/52 (Call 07/01/32) |
3,010 | 2,782,982 | ||||||
|
5.00%, 07/01/33 |
2,250 | 2,595,295 | ||||||
|
5.00%, 07/01/47 (Call 07/01/32) |
1,445 | 1,541,792 | ||||||
|
5.00%, 07/01/48 (Call 07/01/33) |
1,000 | 1,071,290 | ||||||
|
5.00%, 07/01/53 (Call 07/01/33) |
4,000 | 4,261,655 | ||||||
|
Series A, 5.00%, 07/01/25 |
1,735 | 1,785,699 | ||||||
|
Series A, 5.00%, 07/01/26 |
2,000 | 2,093,195 | ||||||
|
Series A, 5.00%, 07/01/28 |
2,000 | 2,162,085 | ||||||
|
Series A, 5.00%, 07/01/30 |
2,000 | 2,225,403 | ||||||
|
City of Atlanta GA GO |
||||||||
|
5.00%, 12/01/29 |
1,000 | 1,116,036 | ||||||
|
5.00%, 12/01/32 |
1,750 | 2,034,583 | ||||||
|
5.00%, 12/01/35 (Call 12/01/32) |
1,750 | 1,995,381 | ||||||
|
5.00%, 12/01/38 (Call 12/01/32) |
2,500 | 2,782,228 | ||||||
|
5.00%, 12/01/41 (Call 12/01/32) |
2,000 | 2,197,142 | ||||||
|
5.00%, 12/01/42 (Call 12/01/32) |
8,000 | 8,748,215 | ||||||
|
City of Atlanta GA GOL, 5.00%, 12/01/32 (PR 12/01/24) |
7,500 | 7,641,010 | ||||||
|
City of Atlanta GA Water & Wastewater Revenue RB |
||||||||
|
4.00%, 11/01/38 (Call 11/01/27) |
8,000 | 7,932,288 | ||||||
|
5.00%, 11/01/28 (Call 05/01/25) |
2,000 | 2,057,518 | ||||||
|
5.00%, 11/01/31 (Call 05/01/25) |
1,755 | 1,806,453 | ||||||
|
5.00%, 11/01/32 (Call 05/01/25) |
2,230 | 2,294,753 | ||||||
|
5.00%, 11/01/33 (Call 05/01/25) |
11,680 | 12,001,988 | ||||||
|
5.00%, 11/01/34 (Call 05/01/25) |
10,005 | 10,280,813 | ||||||
|
5.00%, 11/01/40 (Call 05/01/25) |
72,330 | 73,709,160 | ||||||
|
5.00%, 11/01/43 (Call 05/01/25) |
17,000 | 17,468,648 | ||||||
|
Series B, 5.00%, 11/01/43 (Call 11/01/27) |
4,780 | 4,961,944 | ||||||
|
Series B, 5.00%, 11/01/47 (Call 11/01/27) |
24,350 | 25,152,666 | ||||||
|
County of DeKalb GA Water & Sewerage Revenue RB, Series B, 5.25%, 10/01/32 (Call 10/01/26) (AGM) |
2,190 | 2,321,483 | ||||||
| Security |
Par (000) |
Value | ||||||
| Georgia (continued) | ||||||||
|
County of Fulton GA Water & Sewerage Revenue RB |
||||||||
|
4.00%, 01/01/34 (Call 10/02/23) |
$ | 15,990 | $ | 15,990,224 | ||||
|
4.00%, 01/01/35 (Call 10/02/23) |
6,885 | 6,885,110 | ||||||
|
Forsyth County Water & Sewerage Authority RB, 3.00%, 04/01/49 (Call 04/01/29) |
4,000 | 3,042,308 | ||||||
|
Georgia Ports Authority RB |
||||||||
|
4.00%, 07/01/39 (Call 07/01/31) |
1,000 | 999,957 | ||||||
|
4.00%, 07/01/40 (Call 07/01/31) |
1,000 | 991,775 | ||||||
|
4.00%, 07/01/42 (Call 07/01/31) |
1,000 | 988,230 | ||||||
|
4.00%, 07/01/47 (Call 07/01/32) |
3,125 | 3,014,340 | ||||||
|
4.00%, 07/01/51 (Call 07/01/31) |
1,750 | 1,666,428 | ||||||
|
4.00%, 07/01/52 (Call 07/01/32) |
3,850 | 3,661,496 | ||||||
|
5.00%, 07/01/26 |
535 | 561,848 | ||||||
|
5.00%, 07/01/27 |
905 | 969,129 | ||||||
|
5.00%, 07/01/29 |
1,500 | 1,664,652 | ||||||
|
5.00%, 07/01/31 |
1,000 | 1,141,103 | ||||||
|
5.00%, 07/01/33 (Call 07/01/32) |
1,500 | 1,723,750 | ||||||
|
5.00%, 07/01/35 (Call 07/01/32) |
1,000 | 1,135,526 | ||||||
|
5.00%, 07/01/38 (Call 07/01/32) |
750 | 828,426 | ||||||
|
5.00%, 07/01/41 (Call 07/01/32) |
2,250 | 2,454,496 | ||||||
|
5.00%, 07/01/42 (Call 07/01/32) |
5,865 | 6,369,775 | ||||||
|
5.00%, 07/01/47 (Call 07/01/32) |
12,500 | 13,433,145 | ||||||
|
5.25%, 07/01/52 (Call 07/01/32) |
6,750 | 7,336,289 | ||||||
|
Georgia State Road & Tollway Authority RB |
||||||||
|
4.00%, 07/15/41 (Call 07/15/31) |
5,000 | 4,994,578 | ||||||
|
5.00%, 06/01/26 |
1,325 | 1,389,880 | ||||||
|
5.00%, 06/01/27 |
2,200 | 2,351,943 | ||||||
|
5.00%, 06/01/29 |
2,910 | 3,223,479 | ||||||
|
5.00%, 06/01/31 (Call 06/01/30) |
2,500 | 2,806,755 | ||||||
|
5.00%, 06/01/32 (Call 06/01/30) |
6,105 | 6,834,048 | ||||||
|
Series A, 4.00%, 07/15/42 (Call 07/15/31) |
18,100 | 18,004,562 | ||||||
|
Series A, 4.00%, 07/15/46 (Call 07/15/31) |
7,170 | 7,029,562 | ||||||
|
Gwinnett County School District GO |
||||||||
|
4.00%, 02/01/37 (Call 02/01/31) |
2,000 | 2,054,649 | ||||||
|
5.00%, 08/01/25 |
6,000 | 6,196,213 | ||||||
|
5.00%, 02/01/31 (Call 08/01/25) |
5,580 | 5,758,702 | ||||||
|
5.00%, 02/01/34 (Call 08/01/25) |
4,995 | 5,149,754 | ||||||
|
5.00%, 02/01/38 (Call 02/01/29) |
17,010 | 18,303,876 | ||||||
|
5.00%, 02/01/39 (Call 02/01/29) |
6,165 | 6,613,522 | ||||||
|
5.00%, 02/01/40 (Call 02/01/29) |
5,800 | 6,204,975 | ||||||
|
Series B, 5.00%, 08/01/26 |
25,000 | 26,363,188 | ||||||
|
Henry County School District |
||||||||
|
1.88%, 08/01/34 (Call 08/01/31) |
18,330 | 14,569,428 | ||||||
|
1.88%, 08/01/35 (Call 08/01/31) |
18,880 | 14,503,625 | ||||||
|
1.88%, 08/01/36 (Call 08/01/31) |
19,305 | 14,301,569 | ||||||
|
Metropolitan Atlanta Rapid Transit Authority RB |
||||||||
|
Series A, 3.00%, 07/01/47 (Call 07/01/30) |
2,850 | 2,171,209 | ||||||
|
Series A, 4.00%, 07/01/24 |
1,010 | 1,016,087 | ||||||
|
Series B, 5.00%, 07/01/30 (Call 07/01/26) |
7,865 | 8,269,755 | ||||||
|
Series B, 5.00%, 07/01/31 (Call 07/01/26) |
5,000 | 5,259,460 | ||||||
|
Series B, 5.00%, 07/01/35 (Call 07/01/26) |
7,750 | 8,088,660 | ||||||
|
Series B, 5.00%, 07/01/45 (Call 07/01/26) |
1,745 | 1,787,497 | ||||||
|
Series C, 3.25%, 07/01/39 (Call 07/01/27) |
2,500 | 2,231,262 | ||||||
|
Series E-1, 3.00%, 07/01/39 (Call 01/01/32) |
2,500 | 2,155,392 | ||||||
|
Municipal Electric Authority of Georgia RB |
||||||||
|
4.00%, 01/01/44 (Call 07/01/28) (AGM) |
2,000 | 1,871,711 | ||||||
|
4.00%, 01/01/49 (Call 07/01/28) |
3,250 | 2,908,761 | ||||||
|
5.00%, 01/01/56 (Call 07/01/28) |
3,000 | 3,030,448 | ||||||
|
5.00%, 01/01/63 (Call 07/01/28) |
1,500 | 1,512,010 | ||||||
|
Series A, 4.00%, 01/01/49 (Call 01/01/29) |
500 | 449,382 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
37 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| Georgia (continued) | ||||||||
|
Series A, 5.00%, 01/01/28 (Call 07/01/26) |
$ | 2,000 | $ | 2,066,279 | ||||
|
Series A, 5.00%, 01/01/34 (Call 01/01/32) |
1,575 | 1,739,004 | ||||||
|
Series A, 5.00%, 01/01/44 (Call 01/01/29) |
7,975 | 8,190,679 | ||||||
|
Series A, 5.00%, 01/01/49 (Call 07/01/28) |
5,000 | 5,036,522 | ||||||
|
Series A, 5.00%, 07/01/60 (Call 07/01/25) |
1,000 | 996,523 | ||||||
|
Series A, 5.00%, 01/01/62 (Call 01/01/30) (AGM) |
3,335 | 3,423,743 | ||||||
|
Private Colleges & Universities Authority RB |
||||||||
|
5.00%, 09/01/29 |
1,500 | 1,670,888 | ||||||
|
5.00%, 09/01/48 (Call 09/01/29) |
2,500 | 2,625,189 | ||||||
|
Series A, 5.00%, 10/01/43 (Call 10/01/23) |
2,415 | 2,362,408 | ||||||
|
Series A, 5.00%, 10/01/46 (Call 10/01/26) |
6,525 | 6,627,223 | ||||||
|
Series B, 4.00%, 10/01/38 (Call 10/01/26) |
4,000 | 4,025,136 | ||||||
|
Series B, 4.00%, 09/01/39 (Call 09/01/30) |
1,500 | 1,521,003 | ||||||
|
Series B, 5.00%, 09/01/25 |
23,710 | 24,535,596 | ||||||
|
State of Georgia GO |
||||||||
|
4.00%, 07/01/24 |
10,090 | 10,149,996 | ||||||
|
4.00%, 07/01/40 (Call 07/01/32) |
10,000 | 10,172,631 | ||||||
|
4.00%, 07/01/42 (Call 07/01/32) |
10,000 | 10,103,470 | ||||||
|
5.00%, 07/01/25 |
1,890 | 1,949,968 | ||||||
|
5.00%, 07/01/26 |
7,880 | 8,292,890 | ||||||
|
5.00%, 07/01/27 |
5,000 | 5,369,264 | ||||||
|
5.00%, 07/01/29 (Call 07/01/28) |
5,000 | 5,470,454 | ||||||
|
5.00%, 07/01/30 |
11,660 | 13,188,048 | ||||||
|
5.00%, 07/01/31 |
15,720 | 18,068,304 | ||||||
|
5.00%, 07/01/32 |
6,000 | 6,990,328 | ||||||
|
5.00%, 07/01/32 (Call 07/01/28) |
22,925 | 24,937,638 | ||||||
|
5.00%, 01/01/33 |
8,545 | 10,013,398 | ||||||
|
5.00%, 07/01/37 (Call 07/01/33) |
17,340 | 19,742,067 | ||||||
|
Series A, 4.00%, 07/01/34 (Call 07/01/31) |
2,000 | 2,120,441 | ||||||
|
Series A, 4.00%, 08/01/34 (Call 08/01/30) |
1,720 | 1,812,310 | ||||||
|
Series A, 4.00%, 07/01/35 (Call 07/01/28) |
10,300 | 10,548,243 | ||||||
|
Series A, 4.00%, 07/01/37 (Call 07/01/31) |
11,810 | 12,174,664 | ||||||
|
Series A, 4.00%, 07/01/38 (Call 07/01/31) |
7,500 | 7,679,475 | ||||||
|
Series A, 4.00%, 07/01/39 (Call 07/01/31) |
3,455 | 3,522,351 | ||||||
|
Series A, 5.00%, 08/01/25 |
10,050 | 10,384,307 | ||||||
|
Series A, 5.00%, 07/01/26 |
23,835 | 25,083,887 | ||||||
|
Series A, 5.00%, 02/01/27 (Call 02/01/26) |
1,145 | 1,196,727 | ||||||
|
Series A, 5.00%, 07/01/27 |
26,890 | 28,875,902 | ||||||
|
Series A, 5.00%, 08/01/27 |
1,945 | 2,092,303 | ||||||
|
Series A, 5.00%, 07/01/28 |
5,165 | 5,656,152 | ||||||
|
Series A, 5.00%, 08/01/28 |
2,000 | 2,193,857 | ||||||
|
Series A, 5.00%, 07/01/29 |
1,500 | 1,669,747 | ||||||
|
Series A, 5.00%, 08/01/29 |
10,000 | 11,147,048 | ||||||
|
Series A, 5.00%, 02/01/30 (Call 02/01/26) |
1,030 | 1,076,539 | ||||||
|
Series A, 5.00%, 07/01/30 (Call 07/01/28) |
6,770 | 7,392,336 | ||||||
|
Series A, 5.00%, 07/01/31 |
1,570 | 1,804,532 | ||||||
|
Series A, 5.00%, 07/01/31 (Call 07/01/29) |
5,080 | 5,651,855 | ||||||
|
Series A, 5.00%, 08/01/31 (Call 08/01/30) |
2,690 | 3,049,485 | ||||||
|
Series A, 5.00%, 07/01/32 (Call 07/01/31) |
3,455 | 3,967,574 | ||||||
|
Series A, 5.00%, 08/01/32 (Call 08/01/30) |
13,000 | 14,722,937 | ||||||
|
Series A, 5.00%, 07/01/33 (Call 07/01/31) |
5,000 | 5,734,626 | ||||||
|
Series A-1, 5.00%, 02/01/24 |
2,700 | 2,718,828 | ||||||
|
Series A-1, 5.00%, 02/01/26 |
1,015 | 1,059,152 | ||||||
|
Series A-2, 4.00%, 02/01/36 (Call 02/01/27) |
8,800 | 8,901,640 | ||||||
|
Series A-2, 5.00%, 02/01/25 (Call 02/01/24) |
2,000 | 2,014,124 | ||||||
|
Series A-2, 5.00%, 02/01/30 (Call 02/01/27) |
11,420 | 12,155,096 | ||||||
|
Series A-2, 5.00%, 02/01/32 (Call 02/01/27) |
5,000 | 5,317,888 | ||||||
|
Series C, 5.00%, 07/01/26 |
2,000 | 2,104,794 | ||||||
|
Series C, 5.00%, 07/01/29 (Call 07/01/27) |
5,500 | 5,901,520 | ||||||
|
Series E, 5.00%, 12/01/23 |
5,140 | 5,160,864 | ||||||
| Security |
Par (000) |
Value | ||||||
| Georgia (continued) | ||||||||
|
Series E, 5.00%, 12/01/24 |
$ | 13,370 | $ | 13,654,063 | ||||
|
Series E, 5.00%, 12/01/25 |
5,775 | 6,006,166 | ||||||
|
Series E, 5.00%, 12/01/26 |
16,470 | 17,481,260 | ||||||
|
Series E, 5.00%, 12/01/27 (Call 12/01/26) |
1,300 | 1,379,388 | ||||||
|
Series F, 5.00%, 01/01/25 |
2,410 | 2,464,779 | ||||||
|
Series F, 5.00%, 07/01/25 |
2,715 | 2,801,145 | ||||||
|
Series F, 5.00%, 01/01/28 (Call 01/01/27) |
2,805 | 2,981,969 | ||||||
|
|
|
|||||||
| 974,445,070 | ||||||||
| Hawaii — 0.6% | ||||||||
|
City & County Honolulu HI Wastewater System Revenue RB |
||||||||
|
5.00%, 07/01/39 (Call 07/01/29) |
6,545 | 6,986,901 | ||||||
|
Series A, 4.00%, 07/01/38 (Call 01/01/28) |
3,300 | 3,270,507 | ||||||
|
Series A, 4.00%, 07/01/44 (Call 07/01/29) |
4,490 | 4,319,659 | ||||||
|
Series A, 4.00%, 07/01/49 (Call 07/01/29) |
9,250 | 8,625,549 | ||||||
|
Series A, 4.13%, 07/01/47 (Call 07/01/32) |
2,000 | 1,915,448 | ||||||
|
Series A, 5.00%, 07/01/40 (Call 07/01/25) |
1,000 | 1,030,474 | ||||||
|
Series A, 5.00%, 07/01/45 (Call 07/01/25) |
3,675 | 3,786,993 | ||||||
|
Series A, 5.00%, 07/01/47 (Call 01/01/28) |
4,220 | 4,366,839 | ||||||
|
Series A, 5.00%, 07/01/47 (Call 07/01/32) |
6,100 | 6,558,010 | ||||||
|
Series A, 5.00%, 07/01/51 (Call 07/01/32) |
7,500 | 8,016,124 | ||||||
|
Series A, 5.25%, 07/01/51 (Call 07/01/32) |
2,500 | 2,717,986 | ||||||
|
City & County of Honolulu HI |
||||||||
|
5.00%, 07/01/28 |
3,055 | 3,325,396 | ||||||
|
5.00%, 11/01/28 |
2,930 | 3,207,878 | ||||||
|
City & County of Honolulu HI GO |
||||||||
|
Series A, 5.00%, 09/01/27 |
1,170 | 1,256,267 | ||||||
|
Series B, 5.00%, 03/01/25 |
1,000 | 1,024,281 | ||||||
|
Series B, 5.00%, 03/01/28 |
2,120 | 2,293,356 | ||||||
|
Series B, 5.00%, 03/01/30 |
1,500 | 1,672,369 | ||||||
|
Series B, 5.00%, 03/01/31 (Call 03/01/30) |
2,500 | 2,806,100 | ||||||
|
Series C, 5.00%, 10/01/30 |
5,000 | 5,623,833 | ||||||
|
Honolulu City & County Board of Water Supply RB, 4.00%, 07/01/35 (Call 07/01/24) |
4,000 | 4,022,165 | ||||||
|
State of Hawaii Airports System Revenue RB |
||||||||
|
4.00%, 07/01/39 (Call 07/01/30) |
7,395 | 7,317,710 | ||||||
|
Series D, 4.00%, 07/01/35 (Call 07/01/30) |
2,000 | 2,041,580 | ||||||
|
Series D, 4.00%, 07/01/38 (Call 07/01/30) |
2,000 | 1,981,140 | ||||||
|
State of Hawaii GO |
||||||||
|
5.00%, 08/01/28 (Call 08/01/24) |
2,865 | 2,906,623 | ||||||
|
5.00%, 01/01/37 (Call 01/01/29) |
2,000 | 2,153,006 | ||||||
|
Series EO, 5.00%, 08/01/24 |
6,010 | 6,097,314 | ||||||
|
Series EO, 5.00%, 08/01/25 (Call 08/01/24) |
4,955 | 5,030,043 | ||||||
|
Series EO, 5.00%, 08/01/26 (Call 08/01/24) |
2,500 | 2,537,010 | ||||||
|
Series EO, 5.00%, 08/01/29 (Call 08/01/24) |
1,000 | 1,014,359 | ||||||
|
Series EO, 5.00%, 08/01/30 (Call 08/01/24) |
1,895 | 1,921,916 | ||||||
|
Series EP, 5.00%, 08/01/24 |
10,735 | 10,890,959 | ||||||
|
Series EY, 5.00%, 10/01/23 |
1,060 | 1,061,208 | ||||||
|
Series EY, 5.00%, 10/01/24 |
10,100 | 10,274,435 | ||||||
|
Series EZ, 5.00%, 10/01/27 (Call 10/01/25) |
2,000 | 2,068,042 | ||||||
|
Series FG, 4.00%, 10/01/34 (Call 10/01/26) |
7,755 | 7,824,922 | ||||||
|
Series FG, 4.00%, 10/01/36 (Call 10/01/26) |
6,630 | 6,633,598 | ||||||
|
Series FH, 5.00%, 10/01/26 |
3,975 | 4,190,635 | ||||||
|
Series FH, 5.00%, 10/01/27 (Call 10/01/26) |
4,725 | 4,984,967 | ||||||
|
Series FH, 5.00%, 10/01/28 (Call 10/01/26) |
3,450 | 3,636,708 | ||||||
|
Series FK, 4.00%, 05/01/36 (Call 05/01/27) |
2,000 | 2,015,864 | ||||||
|
Series FK, 5.00%, 05/01/26 |
1,310 | 1,370,499 | ||||||
|
Series FK, 5.00%, 05/01/34 (Call 05/01/27) |
2,310 | 2,450,636 | ||||||
|
Series FN, 5.00%, 10/01/31 (Call 10/01/27) |
1,000 | 1,069,000 | ||||||
|
Series FT, 5.00%, 01/01/24 |
3,570 | 3,588,506 | ||||||
| 38 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| Hawaii (continued) | ||||||||
|
Series FT, 5.00%, 01/01/26 |
$ | 3,410 | $ | 3,543,822 | ||||
|
Series FT, 5.00%, 01/01/28 |
1,000 | 1,080,485 | ||||||
|
Series FT, 5.00%, 01/01/30 (Call 01/01/28) |
3,000 | 3,236,586 | ||||||
|
Series FT, 5.00%, 01/01/31 (Call 01/01/28) |
3,005 | 3,237,596 | ||||||
|
Series FT, 5.00%, 01/01/33 (Call 01/01/28) |
2,000 | 2,154,140 | ||||||
|
Series FW, 5.00%, 01/01/33 (Call 01/01/29) |
4,760 | 5,190,439 | ||||||
|
Series FW, 5.00%, 01/01/35 (Call 01/01/29) |
2,000 | 2,176,407 | ||||||
|
State of Hawaii State Highway Fund RB, 5.00%, |
||||||||
|
01/01/41 (Call 01/01/31) |
4,000 | 4,328,539 | ||||||
|
|
|
|||||||
| 196,834,829 | ||||||||
| Idaho — 0.0% | ||||||||
|
Idaho Housing & Finance Association RB |
||||||||
|
5.00%, 07/15/26 |
1,030 | 1,077,368 | ||||||
|
Series A, 4.00%, 07/15/38 (Call 07/15/31) |
2,150 | 2,089,617 | ||||||
|
|
|
|||||||
| 3,166,985 | ||||||||
| Illinois — 4.1% | ||||||||
|
Chicago Board of Education Dedicated Capital Improvement Tax RB, 5.75%, 04/01/34 (Call 04/01/27) |
1,670 | 1,777,445 | ||||||
|
Chicago Board of Education RB, 6.00%, 04/01/46 (Call 04/01/27) |
1,830 | 1,916,364 | ||||||
|
Chicago Midway International Airport RB |
||||||||
|
Series B, 5.00%, 01/01/35 (Call 01/01/24) |
2,000 | 2,005,873 | ||||||
|
Series B, 5.00%, 01/01/46 (Call 01/01/26) |
2,255 | 2,273,865 | ||||||
|
Chicago O’Hare International Airport RB |
||||||||
|
4.00%, 01/01/42 (Call 01/01/32) |
2,000 | 1,921,930 | ||||||
|
4.00%, 01/01/53 (Call 01/01/29) (AGM) |
9,450 | 8,569,441 | ||||||
|
5.00%, 01/01/34 (Call 01/01/27) |
3,000 | 3,144,295 | ||||||
|
5.00%, 01/01/40 (Call 01/01/32) |
15,045 | 16,091,908 | ||||||
|
5.75%, 01/01/43 (Call 09/28/23) |
1,000 | 1,001,302 | ||||||
|
Series A, 4.00%, 01/01/35 (Call 01/01/30) |
4,000 | 4,071,242 | ||||||
|
Series A, 5.00%, 01/01/34 (Call 01/01/30) |
8,045 | 8,812,792 | ||||||
|
Series A, 5.00%, 01/01/35 (Call 01/01/30) |
10,000 | 10,896,393 | ||||||
|
Series B, 4.00%, 01/01/44 (Call 01/01/29) |
7,000 | 6,650,634 | ||||||
|
Series B, 5.00%, 01/01/27 (Call 01/01/25) |
2,500 | 2,539,940 | ||||||
|
Series B, 5.00%, 01/01/28 (Call 01/01/25) |
10,000 | 10,159,313 | ||||||
|
Series B, 5.00%, 01/01/30 (Call 01/01/25) |
6,110 | 6,204,300 | ||||||
|
Series B, 5.00%, 01/01/32 (Call 01/01/25) |
15,000 | 15,225,522 | ||||||
|
Series B, 5.00%, 01/01/33 (Call 01/01/25) |
9,085 | 9,219,813 | ||||||
|
Series B, 5.00%, 01/01/34 (Call 01/01/25) |
1,175 | 1,192,140 | ||||||
|
Series B, 5.00%, 01/01/36 (Call 01/01/27) |
14,110 | 14,662,721 | ||||||
|
Series B, 5.00%, 01/01/37 (Call 01/01/27) |
2,345 | 2,426,387 | ||||||
|
Series B, 5.00%, 01/01/38 (Call 01/01/27) |
3,025 | 3,117,589 | ||||||
|
Series B, 5.00%, 01/01/39 (Call 01/01/27) |
7,500 | 7,695,517 | ||||||
|
Series B, 5.00%, 01/01/41 (Call 01/01/26) |
4,075 | 4,136,415 | ||||||
|
Series B, 5.00%, 01/01/48 (Call 01/01/29) |
32,500 | 33,507,945 | ||||||
|
Series B, 5.00%, 01/01/53 (Call 01/01/29) |
9,875 | 10,133,782 | ||||||
|
Series C, 5.00%, 01/01/31 (Call 01/01/26) |
460 | 475,002 | ||||||
|
Series C, 5.00%, 01/01/34 (Call 01/01/26) |
1,300 | 1,340,615 | ||||||
|
Series D, 5.00%, 01/01/46 (Call 01/01/25) |
1,000 | 1,002,554 | ||||||
|
Series D, 5.00%, 01/01/47 (Call 01/01/27) |
8,380 | 8,510,740 | ||||||
|
Series D, 5.00%, 01/01/52 (Call 01/01/27) |
20,915 | 21,157,386 | ||||||
|
Series D, 5.25%, 01/01/42 (Call 01/01/27) |
1,000 | 1,029,371 | ||||||
|
Series E, 5.00%, 01/01/24 |
3,300 | 3,314,761 | ||||||
|
Series E, 5.00%, 01/01/27 |
2,000 | 2,111,477 | ||||||
|
Chicago Transit Authority Capital Grant Receipts Revenue RB, 5.00%, 06/01/28 |
780 | 827,866 | ||||||
| Security |
Par (000) |
Value | ||||||
| Illinois (continued) | ||||||||
|
Chicago Transit Authority Sales Tax Receipts Fund RB |
||||||||
|
5.00%, 12/01/44 (Call 12/01/24) (AGM) |
$ | 1,000 | $ | 1,003,037 | ||||
|
5.25%, 12/01/49 (Call 12/01/24) |
2,500 | 2,519,151 | ||||||
|
City of Chicago IL GO |
||||||||
|
5.50%, 01/01/39 (Call 01/01/32) |
2,850 | 3,073,673 | ||||||
|
Series A, 4.00%, 01/01/35 (Call 01/01/31) |
6,500 | 6,354,869 | ||||||
|
Series A, 5.00%, 01/01/29 |
3,000 | 3,159,567 | ||||||
|
Series A, 5.00%, 01/01/33 (Call 01/01/31) |
10,000 | 10,628,576 | ||||||
|
Series A, 5.00%, 01/01/44 (Call 01/01/29) |
2,500 | 2,523,163 | ||||||
|
Series A, 5.50%, 01/01/49 (Call 01/01/29) |
5,000 | 5,169,311 | ||||||
|
City of Chicago IL Wastewater Transmission Revenue RB, 5.00%, 01/01/39 (Call 01/01/24) |
2,000 | 2,001,960 | ||||||
|
Cook County Community College District No. 508 GO, 5.25%, 12/01/43 (Call 12/01/23) |
1,075 | 1,074,963 | ||||||
|
County of Will IL GO |
||||||||
|
5.00%, 11/15/41 (PR 11/15/25) |
13,050 | 13,508,368 | ||||||
|
5.00%, 11/15/45 (PR 11/15/25) |
18,000 | 18,632,232 | ||||||
|
Illinois Finance Authority RB |
||||||||
|
4.00%, 01/01/25 |
3,310 | 3,340,187 | ||||||
|
4.00%, 01/01/32 (Call 01/01/31) |
7,800 | 8,180,415 | ||||||
|
4.00%, 07/01/37 (Call 01/01/31) |
8,345 | 8,376,712 | ||||||
|
4.00%, 07/01/38 (Call 01/01/31) |
3,000 | 2,976,484 | ||||||
|
5.00%, 07/01/34 (Call 07/01/29) |
2,575 | 2,828,548 | ||||||
|
5.00%, 07/01/34 (Call 01/01/31) |
1,750 | 1,961,696 | ||||||
|
5.00%, 07/01/35 (Call 01/01/31) |
4,950 | 5,505,471 | ||||||
|
5.00%, 07/01/36 (Call 01/01/27) |
6,030 | 6,338,806 | ||||||
|
5.00%, 07/01/36 (Call 01/01/31) |
15,000 | 16,557,162 | ||||||
|
5.00%, 07/01/37 (Call 07/01/29) |
13,415 | 14,433,799 | ||||||
|
5.00%, 10/01/48 (Call 10/01/27) |
2,000 | 2,048,627 | ||||||
|
Series A, 4.00%, 10/01/38 (Call 10/01/24) |
10,000 | 9,821,239 | ||||||
|
Series A, 5.00%, 10/01/32 |
4,000 | 4,620,086 | ||||||
|
Series A, 5.00%, 10/01/38 (Call 10/01/24) |
2,000 | 2,020,984 | ||||||
|
Series A, 5.00%, 10/01/40 (Call 10/01/25) |
2,000 | 2,034,970 | ||||||
|
Illinois State Toll Highway Authority RB |
||||||||
|
5.00%, 01/01/25 |
2,335 | 2,385,027 | ||||||
|
5.00%, 01/01/26 |
1,245 | 1,292,726 | ||||||
|
5.00%, 01/01/27 |
6,320 | 6,676,353 | ||||||
|
5.00%, 01/01/28 |
6,000 | 6,442,600 | ||||||
|
5.00%, 01/01/29 |
11,065 | 12,044,189 | ||||||
|
5.00%, 01/01/30 |
3,000 | 3,317,941 | ||||||
|
5.00%, 01/01/31 (Call 01/01/29) |
1,500 | 1,632,416 | ||||||
|
5.00%, 01/01/31 (Call 01/01/30) |
2,000 | 2,211,382 | ||||||
|
5.00%, 01/01/34 (Call 01/01/24) |
10,000 | 10,042,169 | ||||||
|
5.00%, 01/01/35 (Call 01/01/24) |
11,700 | 11,746,417 | ||||||
|
5.00%, 01/01/36 (Call 01/01/24) |
52,000 | 52,143,879 | ||||||
|
5.00%, 01/01/37 (Call 01/01/25) |
35,000 | 35,519,036 | ||||||
|
5.00%, 01/01/39 (Call 01/01/24) |
52,750 | 52,901,662 | ||||||
|
5.00%, 01/01/41 (Call 07/01/33) |
4,250 | 4,589,218 | ||||||
|
5.25%, 01/01/43 (Call 07/01/33) |
1,235 | 1,356,630 | ||||||
|
Series A, 4.00%, 12/01/31 (Call 01/01/26) |
5,035 | 5,118,074 | ||||||
|
Series A, 4.00%, 01/01/42 (Call 01/01/32) |
11,825 | 11,408,399 | ||||||
|
Series A, 4.00%, 01/01/44 (Call 07/01/29) |
5,500 | 5,228,940 | ||||||
|
Series A, 5.00%, 01/01/25 |
7,900 | 8,069,257 | ||||||
|
Series A, 5.00%, 01/01/27 |
4,000 | 4,225,540 | ||||||
|
Series A, 5.00%, 01/01/30 (Call 01/01/29) |
3,000 | 3,267,086 | ||||||
|
Series A, 5.00%, 12/01/31 (Call 01/01/26) |
2,080 | 2,144,104 | ||||||
|
Series A, 5.00%, 12/01/32 (Call 01/01/26) |
3,000 | 3,095,591 | ||||||
|
Series A, 5.00%, 01/01/38 (Call 10/02/23) |
1,000 | 1,000,544 | ||||||
|
Series A, 5.00%, 01/01/40 (Call 07/01/25) |
2,000 | 2,024,188 | ||||||
|
Series A, 5.00%, 01/01/41 (Call 01/01/32) |
9,760 | 10,460,293 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
39 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| Illinois (continued) | ||||||||
|
Series A, 5.00%, 01/01/42 (Call 01/01/28) |
$ | 28,500 | $ | 29,567,108 | ||||
|
Series A, 5.00%, 01/01/44 (Call 07/01/29) |
8,400 | 8,739,905 | ||||||
|
Series A, 5.00%, 01/01/45 (Call 01/01/31) |
5,000 | 5,268,793 | ||||||
|
Series B, 5.00%, 01/01/25 |
5,070 | 5,178,624 | ||||||
|
Series B, 5.00%, 01/01/26 |
2,500 | 2,595,836 | ||||||
|
Series B, 5.00%, 01/01/27 |
2,130 | 2,250,100 | ||||||
|
Series B, 5.00%, 01/01/29 |
2,000 | 2,176,989 | ||||||
|
Series B, 5.00%, 01/01/31 (Call 01/01/30) |
1,500 | 1,658,537 | ||||||
|
Series B, 5.00%, 01/01/36 (Call 01/01/26) |
1,000 | 1,022,870 | ||||||
|
Series B, 5.00%, 01/01/37 (Call 01/01/24) |
32,550 | 32,628,423 | ||||||
|
Series B, 5.00%, 01/01/37 (Call 01/01/26) |
11,500 | 11,796,976 | ||||||
|
Series B, 5.00%, 01/01/40 (Call 01/01/26) |
9,645 | 9,830,723 | ||||||
|
Series B, 5.00%, 01/01/41 (Call 07/01/26) |
7,430 | 7,600,511 | ||||||
|
Series C, 5.00%, 01/01/36 (Call 01/01/25) |
2,000 | 2,026,248 | ||||||
|
Metropolitan Pier & Exposition Authority RB |
||||||||
|
Series A, 5.50%, 06/15/29 (ETM) (NPFGC) |
95 | 97,387 | ||||||
|
Series B, 0.00%, 06/15/26 (AGM)(a) |
2,000 | 1,793,944 | ||||||
|
Series B, 0.00%, 06/15/27 (AGM)(a) |
1,000 | 863,708 | ||||||
|
Metropolitan Water Reclamation District of Greater Chicago GO |
||||||||
|
Series A, 5.00%, 12/01/28 (Call 12/01/26) |
3,180 | 3,342,833 | ||||||
|
Series A, 5.00%, 12/01/44 (PR 12/01/24) |
25,165 | 25,653,498 | ||||||
|
Series B, 5.00%, 12/01/33 (Call 12/01/31) |
5,000 | 5,631,666 | ||||||
|
Series B, 5.25%, 12/01/34 |
2,500 | 3,004,304 | ||||||
|
Metropolitan Water Reclamation District of Greater Chicago GOL, Series C, 5.25%, 12/01/32 |
1,340 | 1,578,868 | ||||||
|
Sales Tax Securitization Corp. RB |
||||||||
|
Series A, 4.00%, 01/01/40 (Call 01/01/30) (BAM) |
1,000 | 964,157 | ||||||
|
Series A, 5.00%, 01/01/25 |
770 | 783,693 | ||||||
|
Series A, 5.00%, 01/01/30 |
7,500 | 8,155,784 | ||||||
|
Series A, 5.00%, 01/01/32 |
5,000 | 5,545,230 | ||||||
|
Series A, 5.00%, 01/01/37 (Call 01/01/30) (BAM) |
1,000 | 1,063,083 | ||||||
|
State of Illinois GO |
||||||||
|
5.00%, 02/01/24 |
15,070 | 15,142,240 | ||||||
|
5.00%, 04/01/24 |
3,545 | 3,569,313 | ||||||
|
5.00%, 05/01/24 |
11,880 | 11,973,768 | ||||||
|
5.00%, 02/01/25 |
5,000 | 5,085,178 | ||||||
|
5.00%, 02/01/26 |
5,000 | 5,147,287 | ||||||
|
5.00%, 02/01/26 (Call 02/01/24) |
2,400 | 2,407,397 | ||||||
|
5.00%, 02/01/27 |
12,000 | 12,509,754 | ||||||
|
5.00%, 02/01/28 (Call 02/01/27) |
4,500 | 4,688,036 | ||||||
|
5.00%, 05/01/28 (Call 05/01/24) |
4,080 | 4,100,305 | ||||||
|
5.00%, 05/01/29 |
5,000 | 5,360,895 | ||||||
|
5.00%, 05/01/29 (Call 05/01/24) |
1,900 | 1,909,077 | ||||||
|
5.00%, 10/01/29 |
5,000 | 5,385,702 | ||||||
|
5.00%, 05/01/31 (Call 05/01/24) |
1,500 | 1,506,513 | ||||||
|
5.00%, 10/01/32 |
10,000 | 11,025,212 | ||||||
|
5.00%, 07/01/33 (Call 07/01/32) |
9,465 | 10,368,526 | ||||||
|
5.00%, 05/01/34 (Call 05/01/32) |
15,000 | 16,292,809 | ||||||
|
5.00%, 05/01/36 (Call 05/01/24) |
1,000 | 1,002,098 | ||||||
|
5.00%, 05/01/36 (Call 05/01/32) |
2,900 | 3,092,716 | ||||||
|
5.00%, 05/01/37 (Call 05/01/32) |
3,500 | 3,702,283 | ||||||
|
5.00%, 02/01/39 (Call 02/01/24) |
7,285 | 7,285,916 | ||||||
|
5.00%, 05/01/39 (Call 05/01/24) |
2,500 | 2,500,279 | ||||||
|
5.25%, 02/01/32 (Call 02/01/24) |
7,650 | 7,678,430 | ||||||
|
5.25%, 02/01/34 (Call 02/01/24) |
3,000 | 3,009,939 | ||||||
|
5.25%, 10/01/37 (Call 10/01/32) |
5,000 | 5,383,298 | ||||||
|
5.25%, 05/01/38 (Call 05/01/32) |
2,000 | 2,133,504 | ||||||
|
5.25%, 05/01/39 (Call 05/01/32) |
2,500 | 2,656,295 | ||||||
|
5.25%, 05/01/40 (Call 05/01/32) |
3,190 | 3,377,471 | ||||||
| Security |
Par (000) |
Value | ||||||
| Illinois (continued) | ||||||||
|
5.25%, 05/01/42 (Call 05/01/32) |
$ | 4,000 | $ | 4,210,945 | ||||
|
5.25%, 10/01/46 (Call 10/01/32) |
5,000 | 5,237,648 | ||||||
|
5.25%, 10/01/47 (Call 10/01/32) |
3,000 | 3,137,146 | ||||||
|
5.50%, 05/01/24 |
2,500 | 2,527,740 | ||||||
|
5.50%, 05/01/30 |
2,000 | 2,199,443 | ||||||
|
5.50%, 05/01/39 (Call 05/01/30) |
7,075 | 7,594,398 | ||||||
|
5.50%, 05/01/47 (Call 05/01/32) |
10,550 | 11,316,869 | ||||||
|
5.75%, 05/01/45 (Call 05/01/30) |
3,125 | 3,359,331 | ||||||
|
Series A, 4.00%, 12/01/33 (Call 12/01/27) |
2,500 | 2,502,993 | ||||||
|
Series A, 4.00%, 03/01/38 (Call 03/01/31) |
2,000 | 1,922,032 | ||||||
|
Series A, 4.00%, 03/01/41 (Call 03/01/31) |
4,750 | 4,436,054 | ||||||
|
Series A, 5.00%, 10/01/23 |
5,510 | 5,514,350 | ||||||
|
Series A, 5.00%, 03/01/25 |
2,120 | 2,158,329 | ||||||
|
Series A, 5.00%, 10/01/26 |
4,750 | 4,931,164 | ||||||
|
Series A, 5.00%, 11/01/26 |
5,000 | 5,196,010 | ||||||
|
Series A, 5.00%, 03/01/27 |
2,640 | 2,755,109 | ||||||
|
Series A, 5.00%, 12/01/27 |
9,600 | 10,112,747 | ||||||
|
Series A, 5.00%, 03/01/28 |
1,425 | 1,505,840 | ||||||
|
Series A, 5.00%, 03/01/31 |
1,500 | 1,638,998 | ||||||
|
Series A, 5.00%, 12/01/31 (Call 12/01/27) |
2,000 | 2,100,561 | ||||||
|
Series A, 5.00%, 12/01/32 (Call 12/01/27) |
3,830 | 4,011,625 | ||||||
|
Series A, 5.00%, 03/01/33 (Call 03/01/31) |
2,500 | 2,710,657 | ||||||
|
Series A, 5.00%, 10/01/33 (Call 10/01/28) |
1,240 | 1,307,510 | ||||||
|
Series A, 5.00%, 12/01/34 (Call 12/01/27) |
2,650 | 2,752,929 | ||||||
|
Series A, 5.00%, 03/01/35 (Call 03/01/31) |
1,500 | 1,603,901 | ||||||
|
Series A, 5.00%, 03/01/36 (Call 03/01/31) |
3,000 | 3,184,062 | ||||||
|
Series A, 5.00%, 12/01/38 (Call 12/01/27) |
3,740 | 3,820,787 | ||||||
|
Series A, 5.00%, 12/01/39 (Call 12/01/27) |
2,000 | 2,038,312 | ||||||
|
Series A, 5.00%, 03/01/46 (Call 03/01/31) |
24,235 | 24,862,582 | ||||||
|
Series A, 5.25%, 03/01/37 (Call 03/01/32) |
1,665 | 1,793,942 | ||||||
|
Series A, 5.50%, 03/01/42 (Call 03/01/32) |
3,000 | 3,243,227 | ||||||
|
Series A, 5.50%, 03/01/47 (Call 03/01/32) |
2,000 | 2,143,777 | ||||||
|
Series B, 4.00%, 12/01/39 (Call 12/01/31) |
2,000 | 1,886,256 | ||||||
|
Series B, 5.00%, 03/01/24 |
3,000 | 3,017,654 | ||||||
|
Series B, 5.00%, 03/01/26 |
6,190 | 6,379,181 | ||||||
|
Series B, 5.00%, 03/01/28 |
3,450 | 3,645,717 | ||||||
|
Series B, 5.00%, 10/01/28 |
2,000 | 2,128,695 | ||||||
|
Series B, 5.00%, 10/01/29 (Call 10/01/28) |
4,100 | 4,362,868 | ||||||
|
Series B, 5.00%, 03/01/30 |
4,000 | 4,328,391 | ||||||
|
Series B, 5.00%, 10/01/30 (Call 10/01/28) |
3,000 | 3,190,364 | ||||||
|
Series B, 5.00%, 11/01/30 (Call 11/01/29) |
2,000 | 2,156,623 | ||||||
|
Series B, 5.00%, 03/01/31 |
3,000 | 3,277,995 | ||||||
|
Series B, 5.00%, 10/01/32 (Call 10/01/28) |
2,000 | 2,119,062 | ||||||
|
Series B, 5.00%, 11/01/32 (Call 11/01/29) |
5,750 | 6,167,901 | ||||||
|
Series B, 5.00%, 03/01/33 (Call 03/01/32) |
2,000 | 2,187,727 | ||||||
|
Series B, 5.00%, 12/01/33 (Call 12/01/31) |
5,000 | 5,428,935 | ||||||
|
Series B, 5.00%, 03/01/34 (Call 03/01/32) |
5,000 | 5,429,519 | ||||||
|
Series C, 4.00%, 03/01/24 |
6,160 | 6,166,692 | ||||||
|
Series C, 4.00%, 10/01/38 (Call 10/01/30) |
2,500 | 2,384,697 | ||||||
|
Series C, 4.00%, 10/01/40 (Call 10/01/30) |
5,000 | 4,683,904 | ||||||
|
Series C, 4.00%, 11/01/40 (Call 11/01/29) |
18,000 | 16,851,303 | ||||||
|
Series C, 5.00%, 11/01/29 (Call 11/01/27) |
19,495 | 20,481,749 | ||||||
|
Series D, 5.00%, 11/01/23 |
31,430 | 31,484,550 | ||||||
|
Series D, 5.00%, 11/01/24 |
10,450 | 10,596,106 | ||||||
|
Series D, 5.00%, 11/01/25 |
22,485 | 23,075,000 | ||||||
|
Series D, 5.00%, 11/01/26 |
16,070 | 16,699,978 | ||||||
|
Series D, 5.00%, 11/01/27 |
30,280 | 31,864,628 | ||||||
|
Series D, 5.00%, 11/01/28 (Call 11/01/27) |
10,405 | 10,934,262 | ||||||
|
State of Illinois RB, 5.00%, 06/15/26 (Call 10/02/23) |
1,500 | 1,501,316 | ||||||
|
|
|
|||||||
| 1,359,538,487 | ||||||||
| 40 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par |
Value | ||||||
| Indiana — 0.6% | ||||||||
|
City of Indianapolis Department of Public Utilities Water |
||||||||
|
System Revenue RB |
||||||||
|
Series A, 5.00%, 10/01/33 (Call 10/01/28) |
$ | 4,180 | $ | 4,508,434 | ||||
|
Series A, 5.00%, 10/01/35 (Call 10/01/28) |
1,000 | 1,068,712 | ||||||
|
Series B, 5.00%, 10/01/37 (Call 10/01/26) |
14,010 | 14,350,726 | ||||||
|
Indiana Finance Authority RB |
||||||||
|
3.00%, 10/01/41 (Call 10/01/31) |
5,000 | 4,042,806 | ||||||
|
4.00%, 02/01/39 (Call 02/01/31) |
7,000 | 6,986,648 | ||||||
|
4.00%, 02/01/40 (Call 02/01/31) |
3,000 | 2,964,921 | ||||||
|
5.00%, 02/01/31 |
10,000 | 11,317,986 | ||||||
|
5.00%, 08/01/36 (Call 08/01/26) |
8,935 | 9,396,753 | ||||||
|
Series 1, 4.00%, 10/01/39 (Call 10/01/31) |
4,200 | 4,128,570 | ||||||
|
Series 1, 5.00%, 10/01/29 |
1,000 | 1,103,135 | ||||||
|
Series 1, 5.00%, 10/01/34 (Call 10/01/31) |
2,600 | 2,905,825 | ||||||
|
Series A, 4.00%, 10/01/42 (Call 10/02/23) |
2,500 | 2,390,466 | ||||||
|
Series A, 4.25%, 10/01/44 (Call 10/01/24) |
3,205 | 3,128,656 | ||||||
|
Series A, 5.00%, 02/01/38 (Call 02/01/29) |
3,310 | 3,529,763 | ||||||
|
Series A, 5.00%, 02/01/39 (Call 02/01/29) |
7,755 | 8,228,079 | ||||||
|
Series A, 5.00%, 10/01/40 (Call 10/01/24) |
10,000 | 10,172,708 | ||||||
|
Series A, 5.00%, 10/01/41 (Call 10/01/26) |
2,000 | 2,053,867 | ||||||
|
Series A, 5.00%, 10/01/44 (Call 10/01/24) |
1,000 | 1,017,271 | ||||||
|
Series A, 5.00%, 10/01/46 (Call 10/01/26) |
7,370 | 7,547,103 | ||||||
|
Series A, 5.25%, 02/01/35 (Call 08/01/25) |
1,000 | 1,027,263 | ||||||
|
Series B, 5.00%, 02/01/24 |
6,500 | 6,545,326 | ||||||
|
Series B, 5.00%, 02/01/25 |
4,915 | 5,034,091 | ||||||
|
Series B, 5.00%, 02/01/34 (Call 02/01/31) |
3,000 | 3,388,681 | ||||||
|
Series B, 5.00%, 02/01/41 (Call 02/01/31) |
2,555 | 2,761,675 | ||||||
|
Series C, 5.00%, 12/01/23 |
1,570 | 1,576,146 | ||||||
|
Series C, 5.00%, 12/01/24 |
5,070 | 5,175,236 | ||||||
|
Series C, 5.00%, 12/01/25 |
7,890 | 8,172,913 | ||||||
|
Series C, 5.00%, 06/01/27 (Call 12/01/26) |
7,185 | 7,593,672 | ||||||
|
Series C, 5.00%, 02/01/29 (Call 02/01/28) |
1,800 | 1,949,640 | ||||||
|
Series C, 5.00%, 06/01/29 |
3,120 | 3,438,777 | ||||||
|
Series E, 5.00%, 02/01/27 (Call 08/01/26) |
3,315 | 3,487,563 | ||||||
|
Indiana Municipal Power Agency RB |
||||||||
|
Series A, 5.00%, 01/01/42 (Call 07/01/26) |
18,345 | 18,686,566 | ||||||
|
Series A, 5.00%, 01/01/42 (Call 01/01/28) |
3,000 | 3,111,922 | ||||||
|
Indianapolis Local Public Improvement Bond Bank RB |
||||||||
|
Series A, 5.00%, 02/01/49 (Call 02/01/29) |
6,000 | 6,227,699 | ||||||
|
Series A, 5.00%, 02/01/54 (Call 02/01/29) |
9,950 | 10,296,741 | ||||||
|
|
|
|||||||
| 189,316,340 | ||||||||
| Iowa — 0.1% | ||||||||
|
City of West Des Moines IA GO, 2.00%, 06/01/36 (06/01/29) |
1,170 | 902,850 | ||||||
|
Iowa Finance Authority RB |
||||||||
|
5.00%, 08/01/28 (Call 08/01/27) |
3,195 | 3,435,304 | ||||||
|
5.00%, 08/01/30 (Call 08/01/27) |
2,000 | 2,150,148 | ||||||
|
5.00%, 08/01/31 (Call 08/01/27) |
3,415 | 3,672,206 | ||||||
|
5.00%, 08/01/39 (Call 08/01/32) |
5,000 | 5,507,218 | ||||||
|
5.00%, 08/01/42 (Call 08/01/27) |
2,000 | 2,088,070 | ||||||
|
5.00%, 08/01/47 (Call 08/01/32) |
2,500 | 2,706,066 | ||||||
|
5.00%, 08/01/52 (Call 08/01/32) |
3,715 | 3,997,646 | ||||||
|
Series A, 5.00%, 08/01/37 (Call 08/01/30) |
8,565 | 9,365,765 | ||||||
|
Series A, 5.00%, 08/01/38 (Call 08/01/30) |
2,665 | 2,898,251 | ||||||
|
Series A, 5.00%, 08/01/40 (Call 08/01/31) |
3,000 | 3,270,911 | ||||||
|
Series A, 5.00%, 08/01/49 (Call 08/01/30) |
1,525 | 1,629,887 | ||||||
|
State of Iowa RB, Series A, 5.00%, 06/01/27 (Call 06/01/26) |
1,000 | 1,043,812 | ||||||
|
|
|
|||||||
| 42,668,134 | ||||||||
| Security |
Par |
Value | ||||||
| Kansas — 0.2% | ||||||||
|
Johnson
County Unified School District No. 512 Shawnee Mission
GO |
$ | 5,000 | $ | 5,170,106 | ||||
|
Series A, 4.00%, 10/01/23 |
3,100 | 3,101,512 | ||||||
|
Kansas Development Finance Authority RB, 5.00%, 05/01/31 (Call 05/01/29) |
5,465 | 6,024,210 | ||||||
|
Seward County Unified School District No. 480 Liberal GO |
||||||||
|
Series B, 4.00%, 09/01/32 (PR 09/01/25) |
3,895 | 3,947,117 | ||||||
|
Series B, 4.00%, 09/01/33 (PR 09/01/25) |
4,080 | 4,134,592 | ||||||
|
State of Kansas Department of Transportation RB |
||||||||
|
5.00%, 09/01/26 (Call 09/01/25) |
5,025 | 5,185,256 | ||||||
|
5.00%, 09/01/27 (Call 09/01/25) |
3,000 | 3,098,599 | ||||||
|
5.00%, 09/01/29 (Call 09/01/25) |
1,000 | 1,032,866 | ||||||
|
5.00%, 09/01/30 (Call 09/01/25) |
3,270 | 3,375,560 | ||||||
|
5.00%, 09/01/33 (Call 09/01/25) |
3,000 | 3,090,421 | ||||||
|
5.00%, 09/01/35 (Call 09/01/25) |
2,000 | 2,053,298 | ||||||
|
5.00%, 09/01/35 (Call 09/01/27) |
3,380 | 3,580,639 | ||||||
|
Series A, 5.00%, 09/01/27 (Call 09/01/24) |
2,040 | 2,072,060 | ||||||
|
Series A, 5.00%, 09/01/29 (Call 09/01/24) |
1,000 | 1,014,935 | ||||||
|
Series A, 5.00%, 09/01/30 (Call 09/01/24) |
1,100 | 1,115,571 | ||||||
|
Wyandotte County-Kansas City Unified Government Utility System Revenue RB, Series A, 4.25%, 09/01/39 (Call 09/01/24) |
9,285 | 8,859,045 | ||||||
|
|
|
|||||||
| 56,855,787 | ||||||||
| Kentucky — 0.0% | ||||||||
|
Kentucky Asset Liability Commission RB, Series A, 5.00%, 09/01/26 (Call 09/01/24) |
1,010 | 1,024,986 | ||||||
|
Kentucky State Property & Building Commission RB, Series B, 5.00%, 11/01/23 (SAP) |
1,650 | 1,653,504 | ||||||
|
|
|
|||||||
| 2,678,490 | ||||||||
| Louisiana — 0.6% | ||||||||
|
City of New Orleans LA Sewerage Service Revenue RB, 5.00%, 06/01/44 (Call 06/01/24) |
1,000 | 1,011,829 | ||||||
|
City of New Orleans LA Water System Revenue RB, 5.00%, 12/01/44 (Call 12/01/24) |
1,000 | 1,020,023 | ||||||
|
East Baton Rouge Sewerage Commission RB |
||||||||
|
Series A, 4.00%, 02/01/45 (Call 02/01/29) |
3,000 | 2,816,148 | ||||||
|
Series B, 5.00%, 02/01/39 (PR 02/01/25) |
2,000 | 2,047,906 | ||||||
|
Louisiana Local Government Environmental Facilities & Community Development Authority RB, Series 2014-A, 5.00%, 02/01/44 (Call 02/01/24) |
2,000 | 2,013,380 | ||||||
|
New Orleans Aviation Board RB, Series A, 5.00%, 01/01/48 (Call 01/01/27) |
1,500 | 1,520,508 | ||||||
|
State
of Louisiana Gasoline & Fuels Tax Revenue
RB |
10,000 | 10,091,738 | ||||||
|
Series A, 4.50%, 05/01/39 (Call 05/01/25) |
1,000 | 1,017,151 | ||||||
|
Series A, 5.00%, 05/01/41 (Call 05/01/25) |
8,500 | 8,713,584 | ||||||
|
Series B, 4.00%, 05/01/39 (Call 05/01/32) |
5,830 | 5,834,620 | ||||||
|
Series B, 5.00%, 05/01/36 (Call 05/01/24) |
1,000 | 1,010,501 | ||||||
|
Series C, 5.00%, 05/01/40 (Call 11/01/27) |
2,000 | 2,075,882 | ||||||
|
State of Louisiana GO |
||||||||
|
5.00%, 03/01/35 (Call 03/01/29) |
8,000 | 8,761,869 | ||||||
|
5.00%, 04/01/35 (Call 04/01/33) |
4,165 | 4,798,658 | ||||||
|
5.00%, 04/01/40 (Call 04/01/33) |
15,390 | 16,914,930 | ||||||
|
Series A, 4.00%, 02/01/29 (Call 02/01/24) |
2,110 | 2,115,273 | ||||||
|
Series A, 4.00%, 02/01/31 (Call 02/01/24) |
10,000 | 10,024,992 | ||||||
|
Series A, 4.00%, 02/01/33 (Call 02/01/24) |
3,000 | 3,007,498 | ||||||
|
Series A, 4.00%, 04/01/39 (Call 04/01/32) |
7,500 | 7,514,360 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
41 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par |
Value | ||||||
| Louisiana (continued) | ||||||||
|
Series A, 4.00%, 04/01/40 (Call 04/01/32) |
$ | 10,000 | $ | 9,916,429 | ||||
|
Series A, 4.00%, 04/01/41 (Call 04/01/32) |
4,445 | 4,369,212 | ||||||
|
Series A, 4.00%, 04/01/42 (Call 04/01/32) |
15,065 | 14,557,181 | ||||||
|
Series A, 5.00%, 02/01/28 (Call 02/01/24) |
1,000 | 1,006,488 | ||||||
|
Series A, 5.00%, 03/01/31 (Call 03/01/29) |
10,870 | 11,942,307 | ||||||
|
Series A, 5.00%, 03/01/32 (Call 03/01/31) |
7,875 | 8,917,517 | ||||||
|
Series A, 5.00%, 03/01/40 (Call 03/01/31) |
5,000 | 5,403,425 | ||||||
|
Series B, 5.00%, 08/01/25 |
8,595 | 8,850,359 | ||||||
|
Series B, 5.00%, 08/01/27 (Call 08/01/26) |
3,125 | 3,286,712 | ||||||
|
Series B, 5.00%, 08/01/28 (Call 08/01/26) |
2,850 | 2,995,861 | ||||||
|
Series C, 5.00%, 08/01/25 (Call 08/01/24) |
2,025 | 2,054,761 | ||||||
|
Series C, 5.00%, 08/01/26 (Call 08/01/24) |
5,000 | 5,074,153 | ||||||
|
Series D, 5.00%, 09/01/24 |
3,075 | 3,123,929 | ||||||
|
State of Louisiana RB |
||||||||
|
5.00%, 09/01/23 |
5,105 | 5,105,000 | ||||||
|
5.00%, 09/01/34 (Call 09/01/33) |
5,000 | 5,661,845 | ||||||
|
|
|
|||||||
| 184,576,029 | ||||||||
| Maine — 0.0% | ||||||||
|
Maine Turnpike Authority RB |
||||||||
|
4.00%, 07/01/45 (Call 07/01/30) |
1,000 | 952,278 | ||||||
|
4.00%, 07/01/50 (Call 07/01/30) |
2,425 | 2,223,389 | ||||||
|
5.00%, 07/01/47 (Call 07/01/28) |
1,000 | 1,038,003 | ||||||
|
|
|
|||||||
| 4,213,670 | ||||||||
| Maryland — 2.7% | ||||||||
|
City of Baltimore MD RB |
||||||||
|
Series A, 4.00%, 07/01/44 (Call 07/01/29) |
6,500 | 6,344,430 | ||||||
|
Series A, 4.00%, 07/01/49 (Call 07/01/29) |
2,000 | 1,907,842 | ||||||
|
Series A, 5.00%, 07/01/43 (Call 01/01/24) |
1,000 | 1,005,281 | ||||||
|
Series A, 5.00%, 07/01/46 (Call 01/01/27) |
3,000 | 3,077,925 | ||||||
|
County of Anne Arundel MD |
||||||||
|
3.00%, 10/01/39 (Call 10/01/30) |
8,520 | 7,301,948 | ||||||
|
3.00%, 10/01/40 (Call 10/01/30) |
8,520 | 7,194,889 | ||||||
|
County of Anne Arundel MD GOL |
||||||||
|
4.00%, 10/01/51 (Call 04/01/32) |
15,460 | 14,865,025 | ||||||
|
5.00%, 10/01/23 |
3,110 | 3,113,704 | ||||||
|
5.00%, 10/01/25 |
2,225 | 2,306,128 | ||||||
|
5.00%, 10/01/26 |
5,275 | 5,578,610 | ||||||
|
5.00%, 04/01/28 |
6,575 | 7,167,595 | ||||||
|
5.00%, 10/01/28 |
4,690 | 5,162,833 | ||||||
|
5.00%, 10/01/47 (Call 10/01/27) |
2,000 | 2,069,304 | ||||||
|
County of Baltimore MD GO |
||||||||
|
4.00%, 03/01/37 (Call 03/01/29) |
4,575 | 4,624,940 | ||||||
|
5.00%, 03/01/43 (Call 03/01/33) |
8,350 | 9,159,130 | ||||||
|
County
of Frederick MD GO, 3.40%, 08/01/37 |
7,000 | 6,563,614 | ||||||
|
County of Howard MD GO, 5.00%, 02/15/27 |
1,120 | 1,193,437 | ||||||
|
County of Montgomery MD GO |
||||||||
|
4.00%, 08/01/24 |
5,000 | 5,031,109 | ||||||
|
4.00%, 12/01/30 (Call 12/01/24) |
10,000 | 10,009,812 | ||||||
|
4.00%, 11/01/33 (Call 11/01/24) |
14,630 | 14,746,589 | ||||||
|
5.00%, 11/01/23 |
1,450 | 1,453,536 | ||||||
|
5.00%, 08/01/31 |
6,440 | 7,402,070 | ||||||
|
Series A, 4.00%, 08/01/32 (Call 08/01/31) |
12,445 | 13,314,682 | ||||||
|
Series A, 4.00%, 12/01/33 (Call 12/01/24) |
5,125 | 5,128,441 | ||||||
|
Series A, 5.00%, 11/01/24 |
3,125 | 3,185,027 | ||||||
|
Series A, 5.00%, 11/01/26 |
5,430 | 5,752,046 | ||||||
|
Series A, 5.00%, 11/01/28 (Call 11/01/24) |
525 | 535,085 | ||||||
|
Series B, 4.00%, 11/01/28 |
5,545 | 5,826,835 | ||||||
|
Series B, 5.00%, 11/01/24 |
2,415 | 2,461,389 | ||||||
| Security |
Par |
Value | ||||||
| Maryland (continued) | ||||||||
|
Series B, 5.00%, 11/01/25 (Call 11/01/24) |
$ | 3,945 | $ | 4,013,297 | ||||
|
Series C, 5.00%, 10/01/25 |
6,365 | 6,597,080 | ||||||
|
Series C, 5.00%, 10/01/26 |
5,250 | 5,552,171 | ||||||
|
Series C, 5.00%, 10/01/27 |
1,500 | 1,619,075 | ||||||
|
County of Prince George’s MD GO, Series A, 5.00%, 09/15/26 |
1,200 | 1,267,968 | ||||||
|
County of Prince George’s MD GOL |
||||||||
|
5.00%, 07/01/26 |
3,490 | 3,671,899 | ||||||
|
5.00%, 08/01/30 |
10,115 | 11,456,223 | ||||||
|
5.00%, 08/01/31 |
12,455 | 14,334,658 | ||||||
|
5.00%, 07/01/32 |
15,785 | 18,390,388 | ||||||
|
5.00%, 08/01/32 |
14,705 | 17,150,453 | ||||||
|
5.00%, 08/01/34 (08/01/33) |
9,385 | 11,036,250 | ||||||
|
5.00%, 08/01/35 (08/01/33) |
8,055 | 9,370,833 | ||||||
|
Series A, 5.00%, 07/15/27 |
1,530 | 1,644,343 | ||||||
|
Series A, 5.00%, 07/01/28 |
15,580 | 17,068,893 | ||||||
|
Series A, 5.00%, 07/15/28 |
7,235 | 7,932,656 | ||||||
|
Series A, 5.00%, 07/01/29 |
12,150 | 13,531,840 | ||||||
|
Series A, 5.00%, 07/15/29 (Call 07/15/28) |
2,000 | 2,182,052 | ||||||
|
Series A, 5.00%, 07/15/31 (Call 07/15/28) |
11,000 | 12,001,186 | ||||||
|
Series A, 5.00%, 07/01/33 (Call 07/01/32) |
9,200 | 10,703,717 | ||||||
|
Maryland Stadium Authority RB, 5.00%, 05/01/46 (PR 05/01/26) (ST INTERCEPT) |
38,750 | 40,549,659 | ||||||
|
Maryland State Transportation Authority RB |
||||||||
|
4.00%, 07/01/50 (Call 07/01/30) |
16,000 | 15,211,219 | ||||||
|
5.00%, 07/01/26 |
8,535 | 8,970,394 | ||||||
|
State of Maryland Department of Transportation RB |
||||||||
|
3.00%, 10/01/34 (Call 10/01/27) |
4,180 | 3,933,261 | ||||||
|
4.00%, 11/01/25 (Call 11/01/24) |
3,025 | 3,038,299 | ||||||
|
5.00%, 11/01/23 |
2,005 | 2,010,048 | ||||||
|
5.00%, 09/01/24 |
1,275 | 1,295,911 | ||||||
|
5.00%, 11/01/24 |
4,505 | 4,591,535 | ||||||
|
5.00%, 09/01/25 |
6,155 | 6,363,307 | ||||||
|
5.00%, 09/01/26 |
10,960 | 11,555,705 | ||||||
|
5.00%, 12/01/26 |
2,000 | 2,118,991 | ||||||
|
5.00%, 09/01/27 |
7,030 | 7,562,033 | ||||||
|
5.00%, 10/01/27 |
1,000 | 1,077,391 | ||||||
|
5.00%, 10/01/27 (Call 10/01/26) |
5,005 | 5,293,906 | ||||||
|
5.00%, 09/01/28 (Call 09/01/27) |
3,045 | 3,276,930 | ||||||
|
5.00%, 10/01/28 (Call 10/01/27) |
7,000 | 7,543,718 | ||||||
|
5.00%, 10/01/29 (Call 10/01/26) |
1,800 | 1,902,596 | ||||||
|
5.00%, 09/01/30 (Call 09/01/27) |
1,000 | 1,071,628 | ||||||
|
5.00%, 10/01/34 (Call 10/01/30) |
2,090 | 2,352,377 | ||||||
|
Series A, 5.00%, 10/01/27 |
3,015 | 3,248,333 | ||||||
|
Series A, 5.00%, 10/01/29 |
10,000 | 11,136,650 | ||||||
|
Series B, 5.00%, 12/01/23 |
4,995 | 5,014,432 | ||||||
|
State of Maryland GO |
||||||||
|
4.00%, 06/01/29 (Call 06/01/24) |
6,130 | 6,132,568 | ||||||
|
4.00%, 08/01/29 |
4,500 | 4,760,826 | ||||||
|
4.00%, 03/15/30 (Call 03/15/27) |
5,000 | 5,151,793 | ||||||
|
5.00%, 08/01/27 |
7,000 | 7,527,460 | ||||||
|
5.00%, 03/01/28 |
8,800 | 9,573,532 | ||||||
|
5.00%, 03/15/30 |
12,160 | 13,672,542 | ||||||
|
5.00%, 06/01/30 |
17,820 | 20,104,615 | ||||||
|
5.00%, 03/15/33 |
26,735 | 31,390,368 | ||||||
|
5.00%, 06/01/33 (Call 06/01/32) |
6,000 | 6,967,772 | ||||||
|
5.00%, 06/01/35 (Call 06/01/32) |
10,000 | 11,468,712 | ||||||
|
5.00%, 08/01/35 (Call 08/01/30) |
6,505 | 7,270,345 | ||||||
|
5.00%, 06/01/36 (Call 06/01/32) |
8,960 | 10,156,477 | ||||||
|
5.00%, 06/01/37 (Call 06/01/32) |
1,875 | 2,104,223 | ||||||
| 42 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par |
Value | ||||||
| Maryland (continued) | ||||||||
|
5.00%, 03/15/38 (Call 03/15/33) |
$ | 40,505 | $ | 45,443,410 | ||||
|
First Series, 4.00%, 06/01/25 (Call 06/01/24) |
4,255 | 4,279,893 | ||||||
|
First Series, 4.00%, 03/15/33 (Call 03/15/29) |
1,200 | 1,243,624 | ||||||
|
First Series, 5.00%, 03/15/27 |
4,080 | 4,353,499 | ||||||
|
First Series, 5.00%, 03/15/28 |
4,770 | 5,193,284 | ||||||
|
First Series, 5.00%, 03/15/29 |
5,000 | 5,533,522 | ||||||
|
First Series, 5.00%, 03/15/31 (Call 03/15/29) |
3,000 | 3,311,623 | ||||||
|
First Series, 5.00%, 03/15/32 (Call 03/15/29) |
5,000 | 5,518,468 | ||||||
|
Second Series, 4.00%, 08/01/32 (Call 08/01/28) |
4,000 | 4,138,570 | ||||||
|
Second Series, 5.00%, 08/01/29 (Call 08/01/28) |
2,905 | 3,173,139 | ||||||
|
Second Series, 5.00%, 08/01/31 (Call 08/01/28) |
1,500 | 1,637,747 | ||||||
|
Second Series A, 4.00%, 08/01/35 (Call 08/01/31) |
5,000 | 5,236,655 | ||||||
|
Second Series A, 5.00%, 08/01/28 |
7,655 | 8,396,986 | ||||||
|
Second Series A, 5.00%, 08/01/29 |
4,500 | 5,011,000 | ||||||
|
Second Series A, 5.00%, 08/01/31 (Call 08/01/29) |
5,500 | 6,108,826 | ||||||
|
Series A, 3.13%, 03/15/33 (Call 03/15/28) |
4,800 | 4,644,975 | ||||||
|
Series A, 4.00%, 08/01/27 (Call 09/21/23) |
2,000 | 2,000,086 | ||||||
|
Series A, 4.00%, 08/01/29 (Call 09/21/23) |
2,000 | 1,999,995 | ||||||
|
Series A, 4.00%, 08/01/36 (Call 08/01/31) |
13,000 | 13,438,997 | ||||||
|
Series A, 5.00%, 03/15/25 |
6,740 | 6,919,225 | ||||||
|
Series A, 5.00%, 03/15/26 |
6,050 | 6,328,884 | ||||||
|
Series A, 5.00%, 03/01/27 |
10,000 | 10,661,886 | ||||||
|
Series A, 5.00%, 03/15/27 |
1,350 | 1,440,496 | ||||||
|
Series A, 5.00%, 03/15/28 |
1,170 | 1,273,824 | ||||||
|
Series A, 5.00%, 08/01/28 |
7,500 | 8,226,962 | ||||||
|
Series A, 5.00%, 08/01/28 (Call 08/01/27) |
5,000 | 5,377,822 | ||||||
|
Series A, 5.00%, 03/15/29 (Call 03/15/27) |
7,880 | 8,404,622 | ||||||
|
Series A, 5.00%, 03/15/29 (Call 03/15/28) |
2,025 | 2,197,321 | ||||||
|
Series A, 5.00%, 03/15/30 |
1,185 | 1,332,398 | ||||||
|
Series A, 5.00%, 08/01/30 (Call 08/01/29) |
5,215 | 5,787,642 | ||||||
|
Series A, 5.00%, 03/15/31 (Call 03/15/28) |
3,000 | 3,254,941 | ||||||
|
Series A, 5.00%, 08/01/31 |
3,000 | 3,448,169 | ||||||
|
Series A, 5.00%, 08/01/34 (Call 08/01/31) |
7,000 | 8,010,741 | ||||||
|
Series A, 5.00%, 03/01/36 (Call 03/01/31) |
1,760 | 1,969,802 | ||||||
|
Series B, 4.00%, 08/01/25 |
3,970 | 4,033,662 | ||||||
|
Series B, 5.00%, 08/01/25 |
1,225 | 1,267,128 | ||||||
|
Series B, 5.00%, 08/01/26 |
4,730 | 4,986,566 | ||||||
|
Series C, 3.00%, 08/01/26 |
6,500 | 6,450,083 | ||||||
|
Series C, 4.00%, 03/01/28 |
5,000 | 5,215,467 | ||||||
|
Series C, 4.00%, 03/01/29 |
4,210 | 4,437,466 | ||||||
|
Series C, 5.00%, 03/01/25 |
4,630 | 4,749,890 | ||||||
|
Washington Suburban Sanitary Commission RB |
||||||||
|
4.00%, 06/01/49 (Call 06/01/33) (GTD) |
3,300 | 3,188,124 | ||||||
|
5.00%, 06/01/30 (GTD) |
8,160 | 9,216,816 | ||||||
|
VRDN, VRDN, 3.95%, 06/01/24 (08/31/23) (GTD)(b) |
30,000 | 30,000,000 | ||||||
|
|
|
|||||||
| 897,252,030 | ||||||||
| Massachusetts — 4.5% | ||||||||
|
City of Boston MA GO |
||||||||
|
5.00%, 11/01/41 (Call 11/01/32) |
14,085 | 15,624,412 | ||||||
|
Series A, 5.00%, 11/01/25 |
8,000 | 8,327,048 | ||||||
|
Series A, 5.00%, 11/01/28 |
10,000 | 11,064,181 | ||||||
|
Series A, 5.00%, 11/01/32 |
5,000 | 5,890,347 | ||||||
|
Series A, 5.00%, 11/01/35 (Call 11/01/32) |
4,565 | 5,279,227 | ||||||
|
Series A, 5.00%, 11/01/38 (Call 11/01/32) |
8,920 | 10,045,603 | ||||||
|
Commonwealth of Massachusetts Federal Highway Grant Anticipation Note Revenue RB |
||||||||
|
Series A, 5.00%, 06/15/25 (Call 06/15/24) |
6,335 | 6,412,112 | ||||||
|
Series A, 5.00%, 06/15/27 (Call 06/15/24) |
2,025 | 2,054,617 | ||||||
|
Commonwealth of Massachusetts GO |
||||||||
|
5.00%, 10/01/31 |
10,000 | 11,529,429 | ||||||
| Security |
Par |
Value | ||||||
| Massachusetts (continued) | ||||||||
|
5.00%, 10/01/52 (Call 10/01/32) |
$ | 29,280 | $ | 31,173,013 | ||||
|
Series A, 5.00%, 01/01/25 |
4,500 | 4,602,284 | ||||||
|
Commonwealth of Massachusetts GOL |
||||||||
|
4.00%, 05/01/35 (Call 10/02/23) |
2,000 | 2,000,079 | ||||||
|
4.00%, 05/01/38 (Call 10/02/23) |
1,500 | 1,495,811 | ||||||
|
4.00%, 05/01/39 (Call 10/02/23) |
2,000 | 1,976,980 | ||||||
|
4.00%, 05/01/40 (Call 10/02/23) |
1,460 | 1,441,119 | ||||||
|
4.00%, 09/01/42 (Call 09/01/26) |
5,000 | 4,921,540 | ||||||
|
4.00%, 02/01/47 (Call 02/01/27) |
5,425 | 5,242,778 | ||||||
|
5.00%, 09/01/28 |
2,000 | 2,204,387 | ||||||
|
5.00%, 05/01/29 |
1,000 | 1,111,761 | ||||||
|
5.00%, 07/01/30 |
1,500 | 1,699,556 | ||||||
|
5.00%, 07/01/31 (Call 07/01/30) |
5,000 | 5,637,255 | ||||||
|
5.00%, 11/01/31 |
13,370 | 15,431,701 | ||||||
|
5.00%, 05/01/34 (Call 05/01/33) |
5,000 | 5,842,620 | ||||||
|
5.00%, 05/01/35 (Call 05/01/33) |
5,000 | 5,792,507 | ||||||
|
5.00%, 05/01/36 (Call 05/01/33) |
1,000 | 1,145,675 | ||||||
|
5.00%, 07/01/37 (Call 07/01/30) |
6,000 | 6,582,177 | ||||||
|
5.00%, 05/01/38 (Call 05/01/33) |
800 | 895,130 | ||||||
|
5.00%, 07/01/38 (Call 07/01/30) |
2,000 | 2,176,138 | ||||||
|
5.00%, 09/01/38 (Call 09/01/28) |
16,500 | 17,565,588 | ||||||
|
5.00%, 05/01/39 (Call 05/01/33) |
1,000 | 1,113,289 | ||||||
|
5.00%, 05/01/40 (Call 05/01/33) |
1,000 | 1,108,327 | ||||||
|
5.00%, 07/01/40 (Call 07/01/30) |
1,500 | 1,613,960 | ||||||
|
5.00%, 11/01/43 (Call 11/01/27) |
8,665 | 9,021,767 | ||||||
|
5.00%, 11/01/44 (Call 11/01/32) |
25,000 | 27,133,520 | ||||||
|
5.00%, 07/01/45 (Call 07/01/30) |
3,720 | 3,938,717 | ||||||
|
5.00%, 11/01/45 (Call 11/01/27) |
10,825 | 11,228,568 | ||||||
|
5.00%, 11/01/45 (Call 11/01/30) |
7,330 | 7,779,226 | ||||||
|
5.00%, 11/01/45 (Call 11/01/32) |
8,000 | 8,661,718 | ||||||
|
5.00%, 05/01/48 (Call 05/01/33) |
5,000 | 5,368,024 | ||||||
|
5.00%, 09/01/51 (Call 09/01/31) |
30,000 | 31,769,976 | ||||||
|
5.00%, 11/01/52 (Call 11/01/32) |
65,020 | 69,254,011 | ||||||
|
5.00%, 05/01/53 (Call 05/01/33) |
13,000 | 13,870,627 | ||||||
|
Series A, 5.00%, 09/01/24 |
16,930 | 17,209,315 | ||||||
|
Series A, 5.00%, 07/01/25 |
1,340 | 1,382,517 | ||||||
|
Series A, 5.00%, 07/01/26 |
2,735 | 2,882,099 | ||||||
|
Series A, 5.00%, 07/01/28 (Call 07/01/26) |
1,500 | 1,579,988 | ||||||
|
Series A, 5.00%, 03/01/29 |
5,000 | 5,543,381 | ||||||
|
Series A, 5.00%, 01/01/34 (Call 01/01/28) |
2,500 | 2,696,585 | ||||||
|
Series A, 5.00%, 07/01/36 (Call 07/01/25) |
2,500 | 2,564,412 | ||||||
|
Series A, 5.00%, 01/01/38 (Call 01/01/28) |
1,000 | 1,056,551 | ||||||
|
Series A, 5.00%, 01/01/38 (Call 01/01/29) |
5,000 | 5,342,285 | ||||||
|
Series A, 5.00%, 01/01/39 (Call 01/01/28) |
8,710 | 9,179,374 | ||||||
|
Series A, 5.00%, 03/01/41 (Call 03/01/24) |
3,470 | 3,482,288 | ||||||
|
Series A, 5.00%, 01/01/42 (Call 01/01/28) |
3,795 | 3,963,986 | ||||||
|
Series A, 5.00%, 01/01/43 (Call 01/01/28) |
2,000 | 2,085,377 | ||||||
|
Series A, 5.00%, 03/01/46 (Call 03/01/24) |
1,305 | 1,308,087 | ||||||
|
Series A, 5.00%, 04/01/47 (Call 04/01/27) |
6,015 | 6,199,622 | ||||||
|
Series A, 5.00%, 01/01/48 (Call 01/01/28) |
3,090 | 3,200,216 | ||||||
|
Series A, 5.00%, 01/01/49 (Call 01/01/29) |
2,500 | 2,605,640 | ||||||
|
Series A, 5.50%, 08/01/30 (AMBAC) |
6,400 | 7,320,441 | ||||||
|
Series B, 4.00%, 03/01/32 (Call 03/01/30) |
16,455 | 17,347,006 | ||||||
|
Series B, 5.00%, 11/01/23 |
1,105 | 1,107,887 | ||||||
|
Series B, 5.00%, 07/01/24 |
1,150 | 1,166,177 | ||||||
|
Series B, 5.00%, 11/01/24 |
31,275 | 31,893,613 | ||||||
|
Series B, 5.00%, 07/01/25 |
8,955 | 9,239,134 | ||||||
|
Series B, 5.00%, 07/01/27 |
1,105 | 1,189,094 | ||||||
|
Series B, 5.00%, 07/01/28 |
11,745 | 12,900,727 | ||||||
|
Series B, 5.00%, 07/01/29 |
3,500 | 3,902,036 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
43 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| Massachusetts (continued) | ||||||||
|
Series B, 5.00%, 07/01/32 (Call 07/01/30) |
$ | 8,200 | $ | 9,237,762 | ||||
|
Series B, 5.00%, 07/01/33 (Call 07/01/26) |
2,080 | 2,183,761 | ||||||
|
Series B, 5.00%, 04/01/47 (Call 04/01/27) |
5,000 | 5,153,468 | ||||||
|
Series B, 5.25%, 09/01/24 (AGM) |
2,135 | 2,175,375 | ||||||
|
Series B, 5.25%, 09/01/25 (AGM) |
1,080 | 1,122,982 | ||||||
|
Series C, 2.75%, 03/01/50 (Call 03/01/30) |
3,500 | 2,457,420 | ||||||
|
Series C, 3.00%, 03/01/47 (Call 03/01/30) |
3,500 | 2,700,538 | ||||||
|
Series C, 5.00%, 10/01/24 |
6,785 | 6,909,372 | ||||||
|
Series C, 5.00%, 05/01/25 |
2,500 | 2,571,772 | ||||||
|
Series C, 5.00%, 08/01/25 |
1,425 | 1,472,402 | ||||||
|
Series C, 5.00%, 10/01/25 |
11,110 | 11,528,682 | ||||||
|
Series C, 5.00%, 04/01/26 |
5,230 | 5,482,533 | ||||||
|
Series C, 5.00%, 05/01/26 |
10,000 | 10,500,917 | ||||||
|
Series C, 5.00%, 10/01/26 |
9,560 | 10,127,544 | ||||||
|
Series C, 5.00%, 10/01/27 |
1,250 | 1,352,226 | ||||||
|
Series C, 5.00%, 05/01/29 (Call 10/02/23) |
2,000 | 2,002,207 | ||||||
|
Series C, 5.00%, 05/01/30 (Call 10/02/23) |
5,000 | 5,005,380 | ||||||
|
Series C, 5.00%, 09/01/31 |
9,325 | 10,739,402 | ||||||
|
Series C, 5.00%, 05/01/32 (Call 10/02/23) |
1,000 | 1,001,052 | ||||||
|
Series C, 5.00%, 05/01/33 (Call 10/02/23) |
3,585 | 3,588,743 | ||||||
|
Series C, 5.00%, 05/01/44 (Call 05/01/29) |
2,000 | 2,107,186 | ||||||
|
Series C, 5.00%, 05/01/45 (Call 05/01/29) |
11,860 | 12,444,846 | ||||||
|
Series C, 5.50%, 12/01/23 (AMBAC) |
1,050 | 1,055,471 | ||||||
|
Series D, 4.00%, 02/01/41 (Call 02/01/27) |
3,000 | 2,959,808 | ||||||
|
Series D, 4.00%, 02/01/45 (Call 02/01/27) |
2,000 | 1,950,564 | ||||||
|
Series D, 5.00%, 07/01/25 |
2,800 | 2,888,841 | ||||||
|
Series D, 5.00%, 07/01/26 |
9,080 | 9,568,357 | ||||||
|
Series D, 5.00%, 07/01/27 |
3,905 | 4,202,184 | ||||||
|
Series D, 5.00%, 07/01/28 |
2,600 | 2,855,844 | ||||||
|
Series E, 3.00%, 12/01/27 |
1,905 | 1,897,010 | ||||||
|
Series E, 4.00%, 09/01/39 (Call 09/01/25) |
5,500 | 5,474,268 | ||||||
|
Series E, 4.00%, 04/01/46 (Call 04/01/25) |
9,915 | 9,623,170 | ||||||
|
Series E, 5.00%, 11/01/24 |
10,825 | 11,039,116 | ||||||
|
Series E, 5.00%, 11/01/25 (AMBAC) |
2,150 | 2,234,697 | ||||||
|
Series E, 5.00%, 11/01/26 |
5,085 | 5,396,039 | ||||||
|
Series E, 5.00%, 05/01/30 (Call 05/01/24) |
22,550 | 22,776,109 | ||||||
|
Series E, 5.00%, 11/01/30 |
1,600 | 1,822,823 | ||||||
|
Series E, 5.00%, 05/01/32 (Call 05/01/24) |
4,750 | 4,796,630 | ||||||
|
Series E, 5.00%, 11/01/32 (Call 11/01/30) |
1,500 | 1,697,735 | ||||||
|
Series E, 5.00%, 05/01/33 (Call 05/01/24) |
3,000 | 3,029,236 | ||||||
|
Series E, 5.00%, 11/01/33 (Call 11/01/30) |
2,000 | 2,261,816 | ||||||
|
Series E, 5.00%, 09/01/37 (Call 09/01/28) |
4,000 | 4,273,057 | ||||||
|
Series E, 5.00%, 11/01/50 (Call 11/01/30) |
9,765 | 10,297,561 | ||||||
|
Series F, 5.00%, 11/01/38 (Call 11/01/27) |
4,870 | 5,135,554 | ||||||
|
Series F, 5.00%, 11/01/39 (Call 11/01/27) |
12,150 | 12,781,369 | ||||||
|
Series F, 5.00%, 11/01/42 (Call 11/01/27) |
2,500 | 2,605,416 | ||||||
|
Series G, 5.00%, 09/01/33 (Call 09/01/24) |
5,035 | 5,108,801 | ||||||
|
Series H, 5.00%, 12/01/24 |
1,245 | 1,271,452 | ||||||
|
Series J, 5.00%, 12/01/36 (Call 12/01/26) |
13,710 | 14,332,427 | ||||||
|
Series J, 5.00%, 12/01/37 (Call 12/01/26) |
8,845 | 9,212,633 | ||||||
|
Commonwealth of Massachusetts Transportation Fund Revenue RB |
||||||||
|
5.00%, 06/01/40 (Call 06/01/25) |
10,840 | 11,054,865 | ||||||
|
5.00%, 06/01/49 (Call 06/01/29) |
5,455 | 5,704,367 | ||||||
|
Series A, 4.00%, 06/01/45 (Call 06/01/25) |
2,500 | 2,427,117 | ||||||
|
Series A, 5.00%, 06/01/41 (Call 06/01/26) |
9,135 | 9,405,492 | ||||||
|
Series A, 5.00%, 06/01/42 (Call 06/01/27) |
5,600 | 5,816,026 | ||||||
|
Series A, 5.00%, 06/01/43 (Call 12/01/27) |
11,730 | 12,226,442 | ||||||
|
Series A, 5.00%, 06/01/44 (Call 06/01/24) |
2,000 | 2,012,512 | ||||||
|
Series A, 5.00%, 06/01/47 (Call 06/01/27) |
3,850 | 3,975,861 | ||||||
| Security |
Par (000) |
Value | ||||||
| Massachusetts (continued) | ||||||||
|
Series A, 5.00%, 06/01/51 (Call 06/01/30) |
$ | 5,000 | $ | 5,257,655 | ||||
|
Massachusetts Bay Transportation Authority Assessment Revenue RB |
||||||||
|
Series A, 5.00%, 07/01/36 (Call 07/01/32) |
1,885 | 2,136,960 | ||||||
|
Series A, 5.00%, 07/01/38 (Call 07/01/32) |
4,485 | 4,997,028 | ||||||
|
Series A, 5.00%, 07/01/39 (Call 07/01/32) |
10,000 | 11,073,607 | ||||||
|
Massachusetts Bay Transportation Authority RB |
||||||||
|
5.00%, 07/01/41 (Call 07/01/29) |
6,955 | 7,395,016 | ||||||
|
5.00%, 07/01/45 (Call 07/01/28) |
2,360 | 2,462,907 | ||||||
|
5.00%, 07/01/50 (Call 07/01/28) |
2,500 | 2,595,010 | ||||||
|
Series A, 5.00%, 07/01/25 |
1,550 | 1,597,790 | ||||||
|
Series A, 5.00%, 07/01/27 |
13,900 | 14,978,739 | ||||||
|
Series A, 5.00%, 07/01/28 |
4,255 | 4,681,768 | ||||||
|
Series A, 5.00%, 07/01/29 |
2,780 | 3,115,173 | ||||||
|
Series A, 5.00%, 07/01/31 |
2,870 | 3,318,324 | ||||||
|
Series A, 5.25%, 07/01/30 |
3,635 | 4,194,074 | ||||||
|
Series A-1, 4.00%, 07/01/37 (Call 07/01/31) |
1,500 | 1,518,656 | ||||||
|
Massachusetts Bay Transportation Authority Sales Tax Revenue, 5.25%, 07/01/30 |
2,280 | 2,630,671 | ||||||
|
Massachusetts Clean Water Trust (The) RB |
||||||||
|
5.00%, 08/01/24 |
4,020 | 4,082,006 | ||||||
|
5.00%, 08/01/26 |
2,000 | 2,113,626 | ||||||
|
Massachusetts Department of Transportation RB, |
||||||||
|
Series A, 0.00%, 01/01/28 (NPFGC)(a) |
1,265 | 1,075,527 | ||||||
|
Massachusetts Development Finance Agency RB |
||||||||
|
5.00%, 11/15/32 |
25,000 | 29,445,400 | ||||||
|
5.00%, 01/01/41 (Call 01/01/25) |
1,000 | 987,582 | ||||||
|
Series A, 4.00%, 07/15/36 (Call 07/15/26) |
2,500 | 2,524,872 | ||||||
|
Series A, 5.00%, 10/15/25 |
11,525 | 11,956,554 | ||||||
|
Series A, 5.00%, 10/15/26 |
5,195 | 5,504,611 | ||||||
|
Series A, 5.00%, 10/15/27 |
8,000 | 8,651,327 | ||||||
|
Series A, 5.00%, 07/15/28 (Call 07/15/26) |
7,040 | 7,451,637 | ||||||
|
Series A, 5.00%, 10/15/28 |
23,090 | 25,480,879 | ||||||
|
Series A, 5.00%, 10/15/29 |
5,000 | 5,616,392 | ||||||
|
Series A, 5.00%, 10/15/30 |
6,020 | 6,874,251 | ||||||
|
Series A, 5.00%, 07/15/33 (Call 07/15/26) |
3,000 | 3,172,872 | ||||||
|
Series A, 5.00%, 07/15/34 (Call 07/15/26) |
240 | 253,288 | ||||||
|
Series A, 5.00%, 07/15/36 |
1,490 | 1,769,048 | ||||||
|
Series A, 5.00%, 07/15/40 |
8,000 | 9,071,456 | ||||||
|
Series A, 5.00%, 01/01/47 (Call 01/01/27) |
1,500 | 1,436,719 | ||||||
|
Series BB1, 5.00%, 10/01/46 (Call 10/01/26) |
1,750 | 1,792,053 | ||||||
|
Series P, 5.00%, 07/01/50 |
10,000 | 11,138,701 | ||||||
|
Series
U-6E, VRDN, 3.80%, 10/01/42 |
20,000 | 20,000,000 | ||||||
|
Series V, 5.00%, 07/01/55 |
1,000 | 1,109,451 | ||||||
|
Massachusetts Health & Educational Facilities Authority RB |
||||||||
|
5.25%, 07/01/33 |
16,365 | 19,916,035 | ||||||
|
Series A, VRDN, 2.90%, 11/01/49 (Put 08/31/23)(b) |
25,100 | 25,100,000 | ||||||
|
Series K, 5.50%, 07/01/32 |
1,715 | 2,089,876 | ||||||
|
Massachusetts School Building Authority RB |
||||||||
|
Series A, 4.00%, 02/15/43 (Call 02/15/28) |
4,000 | 3,912,342 | ||||||
|
Series A, 5.00%, 02/15/49 (PR 02/15/26) |
42,710 | 44,556,268 | ||||||
|
Series A, 5.00%, 08/15/50 (Call 08/15/30) |
10,870 | 11,542,414 | ||||||
|
Series A, 5.25%, 02/15/48 (Call 02/15/28) |
6,360 | 6,659,571 | ||||||
|
Series B, 4.00%, 01/15/45 (Call 01/15/25) |
2,000 | 1,942,341 | ||||||
|
Series B, 5.00%, 11/15/39 (Call 11/15/26) |
3,000 | 3,109,917 | ||||||
|
Series B, 5.00%, 11/15/46 (Call 11/15/26) |
17,385 | 17,867,402 | ||||||
|
Series C, 4.00%, 08/15/32 (Call 08/15/25) |
26,555 | 26,687,342 | ||||||
|
Series C, 4.00%, 11/15/35 (Call 11/15/26) |
5,500 | 5,531,602 | ||||||
| 44 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par |
Value | ||||||
| Massachusetts (continued) | ||||||||
|
Series C, 4.00%, 08/15/36 (Call 08/15/25) |
$ | 1,000 | $ | 1,000,304 | ||||
|
Series C, 5.00%, 08/15/24 |
1,105 | 1,122,282 | ||||||
|
Series C, 5.00%, 08/15/37 (Call 08/15/25) |
13,200 | 13,516,071 | ||||||
|
Series D, 5.00%, 08/15/37 (Call 08/15/25) |
18,000 | 18,431,006 | ||||||
|
Massachusetts State College Building Authority RB |
||||||||
|
0.00%, 05/01/24 (AGC SAP)(a) |
6,485 | 6,332,217 | ||||||
|
Series
A, 5.00%, 05/01/41 (PR 05/01/25) |
5,000 | 5,141,913 | ||||||
|
Series
A, 5.00%, 05/01/49 (Call 05/01/25) |
5,000 | 5,141,913 | ||||||
|
Series
B, 5.00%, 05/01/39 (Call 05/01/24) |
2,500 | 2,527,879 | ||||||
|
Series B, 5.00%, 05/01/44 (PR 05/01/24) (HERBIP) |
10,000 | 10,111,517 | ||||||
|
Massachusetts
Transportation Trust Fund Metropolitan |
||||||||
|
Series A, 5.00%, 01/01/26 |
8,500 | 8,837,443 | ||||||
|
Series A, 5.00%, 01/01/29 |
3,985 | 4,426,254 | ||||||
|
Series A, 5.00%, 01/01/31 (Call 01/01/29) |
1,500 | 1,640,877 | ||||||
|
Series A, 5.00%, 01/01/34 (Call 01/01/29) |
4,500 | 4,910,897 | ||||||
|
Massachusetts Water Resources Authority RB |
||||||||
|
5.25%, 08/01/36 (AGM) |
5,000 | 6,031,356 | ||||||
|
Series B, 5.00%, 08/01/38 (Call 08/01/30) |
7,465 | 8,134,434 | ||||||
|
Series B, 5.00%, 08/01/43 (Call 08/01/28) |
6,000 | 6,290,409 | ||||||
|
Series B, 5.25%, 08/01/25 (AGM) |
12,510 | 12,999,979 | ||||||
|
Series B, 5.25%, 08/01/26 (AGM) |
11,020 | 11,722,246 | ||||||
|
Series B, 5.25%, 08/01/28 (AGM) |
1,000 | 1,113,619 | ||||||
|
Series B, 5.25%, 08/01/30 (AGM) |
3,325 | 3,842,402 | ||||||
|
Series B, 5.25%, 08/01/31 (AGM) |
800 | 940,366 | ||||||
|
Series C, 5.00%, 08/01/32 (Call 08/01/26) |
11,485 | 12,114,524 | ||||||
|
Series C, 5.00%, 08/01/34 (PR 08/01/26) |
13,630 | 14,377,097 | ||||||
|
Series C, 5.00%, 08/01/35 (Call 08/01/26) |
21,850 | 23,047,657 | ||||||
|
University of Massachusetts Building Authority RB |
||||||||
|
Series 1, 4.00%, 11/01/44 (Call 11/01/27) |
2,145 | 2,068,131 | ||||||
|
Series 1, 4.00%, 11/01/45 (Call 11/01/25) |
2,500 | 2,396,803 | ||||||
|
Series 1, 5.00%, 11/01/39 (PR 11/01/24) |
3,445 | 3,507,244 | ||||||
|
Series 1, 5.00%, 11/01/40 (Call 11/01/25) |
2,500 | 2,559,951 | ||||||
|
Series 1, 5.00%, 11/01/44 (PR 11/01/24) |
2,770 | 2,820,338 | ||||||
|
Series 1-2021, 5.00%, 11/01/39 (Call 11/01/24) |
6,750 | 6,809,161 | ||||||
|
Series 1-2021, 5.00%, 11/01/39 (PR 11/01/24) |
5,805 | 5,909,884 | ||||||
|
Series 2021-1, 5.00%, 11/01/23 |
1,500 | 1,503,990 | ||||||
|
|
|
|||||||
| 1,486,117,787 | ||||||||
| Michigan — 1.3% | ||||||||
|
Detroit City School District GO, Series A, 5.25%, 05/01/30 (AGM) |
2,500 | 2,802,857 | ||||||
|
Great Lakes Water Authority Sewage Disposal System Revenue RB |
||||||||
|
Series B, 5.00%, 07/01/28 |
2,000 | 2,175,145 | ||||||
|
Series B, 5.00%, 07/01/34 (Call 07/01/26) |
2,000 | 2,071,462 | ||||||
|
Great Lakes Water Authority Water Supply System Revenue RB |
||||||||
|
5.25%, 07/01/47 (Call 07/01/32) |
18,090 | 19,488,811 | ||||||
|
Series A, 5.00%, 07/01/46 (Call 07/01/26) |
3,000 | 3,023,450 | ||||||
|
Series D, 5.00%, 07/01/30 (Call 07/01/26) |
2,500 | 2,601,602 | ||||||
|
Series D, 5.00%, 07/01/36 (Call 07/01/26) |
9,500 | 9,827,595 | ||||||
|
Lansing Board of Water & Light RB |
||||||||
|
5.00%, 07/01/48 (Call 07/01/29) |
16,300 | 16,910,014 | ||||||
|
Series A, 5.00%, 07/01/44 (Call 07/01/29) |
1,500 | 1,567,891 | ||||||
|
Michigan Finance Authority RB |
||||||||
|
4.00%, 11/01/48 (Call 11/01/28) (SAW) |
2,000 | 1,814,759 | ||||||
|
5.00%, 10/01/27 (Call 10/01/26) |
5,020 | 5,308,543 | ||||||
| Security |
Par |
Value | ||||||
| Michigan (continued) | ||||||||
|
Series B, 5.00%, 10/01/28 (Call 10/01/26) |
$ | 7,395 | $ | 7,822,282 | ||||
|
Series C, 5.00%, 07/01/34 (Call 07/01/25) |
2,600 | 2,654,228 | ||||||
|
Series C-3, 5.00%, 07/01/24 (AGM) |
6,000 | 6,057,586 | ||||||
|
Series C-3, 5.00%, 07/01/32 (Call 07/01/24) (AGM) |
1,000 | 1,010,651 | ||||||
|
Series D2, 5.00%, 07/01/26 (Call 07/01/24) (AGM) |
1,000 | 1,011,057 | ||||||
|
Series D2, 5.00%, 07/01/27 (Call 07/01/24) (AGM) |
3,380 | 3,419,019 | ||||||
|
Series D4, 5.00%, 07/01/30 (Call 07/01/24) |
2,500 | 2,524,602 | ||||||
|
Series D4, 5.00%, 07/01/34 (Call 07/01/24) |
1,385 | 1,397,957 | ||||||
|
Michigan State Building Authority RB |
||||||||
|
4.00%, 10/15/49 (Call 10/15/29) |
14,180 | 13,285,979 | ||||||
|
4.00%, 10/15/52 (Call 10/15/32) |
4,000 | 3,714,337 | ||||||
|
4.00%, 04/15/54 (Call 10/15/29) |
10,880 | 9,947,721 | ||||||
|
5.00%, 10/15/29 |
5,000 | 5,545,222 | ||||||
|
5.00%, 10/15/47 (Call 10/15/32) |
3,500 | 3,720,894 | ||||||
|
Series I, 3.00%, 10/15/45 (Call 10/15/30) |
3,000 | 2,280,826 | ||||||
|
Series I, 3.00%, 10/15/51 (Call 10/15/31) |
4,455 | 3,231,175 | ||||||
|
Series I, 4.00%, 10/15/46 (Call 10/15/31) |
5,000 | 4,763,124 | ||||||
|
Series I, 5.00%, 04/15/28 (Call 10/15/25) |
3,000 | 3,096,433 | ||||||
|
Series I, 5.00%, 10/15/30 (Call 10/15/26) |
3,000 | 3,141,388 | ||||||
|
Series I, 5.00%, 04/15/31 (Call 10/15/25) |
11,570 | 11,922,880 | ||||||
|
Series I, 5.00%, 04/15/38 (Call 10/15/25) |
3,000 | 3,064,554 | ||||||
|
Series I, 5.00%, 04/15/41 (Call 10/15/26) |
1,000 | 1,027,593 | ||||||
|
Series I, 5.00%, 10/15/50 (Call 10/15/25) |
7,250 | 7,357,873 | ||||||
|
Series I, 5.00%, 10/15/51 (Call 10/15/26) |
2,500 | 2,554,209 | ||||||
|
Series I-A, 5.00%, 10/15/29 (Call 10/15/23) |
2,845 | 2,849,293 | ||||||
|
Michigan State University RB |
||||||||
|
5.00%, 02/15/32 |
6,750 | 7,722,555 | ||||||
|
Series B, 5.00%, 02/15/44 (Call 02/15/29) |
5,990 | 6,240,829 | ||||||
|
Series B, 5.00%, 02/15/48 (Call 02/15/29) |
6,660 | 6,910,943 | ||||||
|
Series C, 4.00%, 02/15/44 (Call 08/15/29) |
7,320 | 6,991,759 | ||||||
|
State of Michigan GO |
||||||||
|
5.00%, 05/15/30 |
1,100 | 1,237,287 | ||||||
|
Series A, 5.00%, 05/15/31 (Call 05/15/30) |
1,685 | 1,897,934 | ||||||
|
Series A, 5.00%, 05/15/32 (Call 05/15/30) |
1,800 | 2,022,229 | ||||||
|
Series A, 5.00%, 05/15/33 (Call 05/15/30) |
2,100 | 2,356,876 | ||||||
|
State of Michigan RB |
||||||||
|
5.00%, 03/15/24 |
5,770 | 5,815,067 | ||||||
|
5.00%, 03/15/25 |
1,700 | 1,739,074 | ||||||
|
5.00%, 03/15/26 |
5,645 | 5,884,244 | ||||||
|
5.00%, 03/15/27 |
415 | 440,959 | ||||||
|
State of Michigan Trunk Line Revenue RB |
||||||||
|
4.00%, 11/15/38 (Call 11/15/31) |
2,000 | 2,009,812 | ||||||
|
4.00%, 11/15/40 (Call 11/15/31) |
10,000 | 9,940,109 | ||||||
|
4.00%, 11/15/44 (Call 11/15/31) |
2,000 | 1,933,293 | ||||||
|
4.00%, 11/15/46 (Call 11/15/31) |
11,325 | 10,767,986 | ||||||
|
5.00%, 11/15/23 |
8,430 | 8,457,105 | ||||||
|
5.00%, 11/15/24 |
9,500 | 9,692,168 | ||||||
|
5.00%, 11/15/25 |
1,975 | 2,053,988 | ||||||
|
5.00%, 11/15/32 (Call 11/15/31) |
1,000 | 1,145,286 | ||||||
|
5.00%, 11/15/34 (Call 11/15/33) |
1,500 | 1,730,946 | ||||||
|
5.00%, 11/15/36 (Call 11/15/33) |
1,000 | 1,139,577 | ||||||
|
5.00%, 11/15/38 (Call 11/15/33) |
1,250 | 1,402,991 | ||||||
|
5.00%, 11/15/41 (Call 11/15/33) |
3,000 | 3,293,724 | ||||||
|
5.00%, 11/15/43 (Call 11/15/33) |
3,000 | 3,252,348 | ||||||
|
5.00%, 11/15/46 (Call 11/15/33) |
5,000 | 5,373,972 | ||||||
|
5.50%, 11/15/44 (Call 11/15/33) |
3,000 | 3,372,121 | ||||||
|
Series B, 4.00%, 11/15/37 (Call 11/15/30) |
2,000 | 2,015,438 | ||||||
|
Series B, 4.00%, 11/15/39 (Call 11/15/30) |
2,000 | 2,000,619 | ||||||
|
Series B, 4.00%, 11/15/45 (Call 11/15/30) |
25,200 | 24,154,570 | ||||||
|
Series B, 5.00%, 11/15/27 |
1,215 | 1,311,611 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
45 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par |
Value | ||||||
| Michigan (continued) | ||||||||
|
Series B, 5.00%, 11/15/28 |
$ | 2,000 | $ | 2,195,064 | ||||
|
Series B, 5.00%, 11/15/45 (Call 11/15/30) |
22,820 | 24,216,513 | ||||||
|
University of Michigan RB |
||||||||
|
5.00%, 04/01/46 (PR 04/01/26) |
9,265 | 9,705,337 | ||||||
|
5.00%, 04/01/50 (Call 04/01/30) |
4,675 | 4,957,829 | ||||||
|
VRDN, 3.76%, 04/01/38 (Put 08/31/23)(b) |
24,005 | 24,005,000 | ||||||
|
Series A, 5.00%, 04/01/42 (PR 04/01/27) |
2,500 | 2,668,214 | ||||||
|
Series A, 5.00%, 04/01/47 (PR 04/01/27) |
4,695 | 5,010,906 | ||||||
|
VRDN, VRDN, 3.85%, 04/01/42 (08/31/23)(b) |
35,000 | 35,000,000 | ||||||
|
Wayne County Airport Authority RB, Series A, 5.00%, 12/01/46 (Call 12/01/31) |
3,750 | 3,924,164 | ||||||
|
|
|
|||||||
| 430,983,459 | ||||||||
| Minnesota — 1.0% | ||||||||
|
City of Minneapolis MN GO, 4.00%, 12/01/26 |
10,000 | 10,295,120 | ||||||
|
Metropolitan Council GO |
||||||||
|
Series B, 5.00%, 12/01/23 |
14,000 | 14,056,151 | ||||||
|
Series B, 5.00%, 12/01/25 |
2,500 | 2,597,872 | ||||||
|
Series C, 5.00%, 12/01/27 |
12,500 | 13,515,731 | ||||||
|
Series C, 5.00%, 12/01/28 |
2,500 | 2,754,729 | ||||||
|
Minneapolis-St
Paul Metropolitan Airports |
||||||||
|
Series A, 5.00%, 01/01/25 |
1,295 | 1,322,745 | ||||||
|
Series A, 5.00%, 01/01/26 |
1,250 | 1,299,909 | ||||||
|
Series C, 5.00%, 01/01/41 (Call 01/01/27) |
1,500 | 1,538,716 | ||||||
|
Series C, 5.00%, 01/01/46 (Call 01/01/27) |
4,000 | 4,086,457 | ||||||
|
Minnesota Public Facilities Authority RB, 5.00%, 03/01/34 (Call 03/01/26) |
9,150 | 9,510,761 | ||||||
|
State of Minnesota GO |
||||||||
|
4.00%, 09/01/34 (Call 09/01/31) |
13,765 | 14,542,367 | ||||||
|
5.00%, 10/01/26 |
8,080 | 8,549,928 | ||||||
|
5.00%, 08/01/27 |
25,075 | 26,954,845 | ||||||
|
5.00%, 09/01/27 |
3,380 | 3,639,757 | ||||||
|
5.00%, 08/01/29 |
10,000 | 11,124,076 | ||||||
|
5.00%, 08/01/30 |
22,560 | 25,460,968 | ||||||
|
5.00%, 08/01/31 |
9,420 | 10,798,563 | ||||||
|
5.00%, 08/01/32 |
31,965 | 37,117,237 | ||||||
|
5.00%, 08/01/37 (Call 08/01/33) |
5,240 | 5,942,063 | ||||||
|
Series A, 4.00%, 09/01/36 (Call 09/01/31) |
7,265 | 7,506,620 | ||||||
|
Series A, 4.00%, 09/01/37 (Call 09/01/31) |
10,540 | 10,788,550 | ||||||
|
Series A, 4.00%, 09/01/39 (Call 09/01/31) |
2,000 | 2,028,688 | ||||||
|
Series A, 5.00%, 08/01/25 |
3,000 | 3,099,231 | ||||||
|
Series A, 5.00%, 08/01/25 (Call 08/01/24) |
4,775 | 4,851,173 | ||||||
|
Series A, 5.00%, 08/01/26 |
2,865 | 3,021,221 | ||||||
|
Series A, 5.00%, 08/01/27 |
6,360 | 6,836,802 | ||||||
|
Series A, 5.00%, 08/01/28 |
3,265 | 3,579,904 | ||||||
|
Series A, 5.00%, 08/01/30 (Call 08/01/29) |
1,000 | 1,117,226 | ||||||
|
Series A, 5.00%, 09/01/31 |
2,785 | 3,196,712 | ||||||
|
Series A, 5.00%, 10/01/31 (Call 10/01/27) |
5,000 | 5,417,819 | ||||||
|
Series A, 5.00%, 08/01/35 (Call 08/01/29) |
5,000 | 5,533,114 | ||||||
|
Series A, 5.00%, 08/01/38 (Call 08/01/30) |
5,000 | 5,469,643 | ||||||
|
Series B, 5.00%, 09/01/24 |
10,450 | 10,624,449 | ||||||
|
Series B, 5.00%, 09/01/25 |
5,000 | 5,173,125 | ||||||
|
Series D, 5.00%, 08/01/24 |
2,195 | 2,228,857 | ||||||
|
Series D, 5.00%, 10/01/24 |
3,430 | 3,492,873 | ||||||
|
Series D, 5.00%, 08/01/25 |
3,640 | 3,760,401 | ||||||
|
Series D, 5.00%, 08/01/26 |
4,385 | 4,624,103 | ||||||
|
Series D, 5.00%, 10/01/26 |
3,080 | 3,259,131 | ||||||
|
Series D, 5.00%, 08/01/27 (Call 08/01/26) |
6,700 | 7,050,677 | ||||||
|
Series F, 4.00%, 10/01/24 (Call 11/07/23) |
3,250 | 3,252,154 | ||||||
| Security |
Par |
Value | ||||||
| Minnesota (continued) | ||||||||
|
State of Minnesota RB |
||||||||
|
5.00%, 03/01/25 |
$ | 12,290 | $ | 12,588,415 | ||||
|
5.00%, 03/01/26 |
17,545 | 18,343,638 | ||||||
|
Western Minnesota Municipal Power Agency RB, Series A, 5.00%, 01/01/46 (PR 01/01/24) |
2,000 | 2,010,561 | ||||||
|
|
|
|||||||
| 343,963,082 | ||||||||
| Mississippi — 0.3% | ||||||||
|
State of Mississippi GO |
||||||||
|
5.00%, 11/01/28 (Call 11/01/25) |
3,065 | 3,180,544 | ||||||
|
5.00%, 12/01/34 (Call 12/01/26) |
2,000 | 2,120,260 | ||||||
|
Series A, 4.00%, 10/01/35 (Call 10/01/27) |
5,000 | 5,050,842 | ||||||
|
Series A, 4.00%, 10/01/36 (Call 10/01/27) |
4,145 | 4,158,787 | ||||||
|
Series A, 5.00%, 10/01/27 |
1,000 | 1,073,418 | ||||||
|
Series A, 5.00%, 10/01/28 (Call 10/01/27) |
1,650 | 1,772,260 | ||||||
|
Series A, 5.00%, 10/01/29 (Call 10/01/27) |
6,500 | 6,958,158 | ||||||
|
Series A, 5.00%, 10/01/31 (Call 10/01/27) |
1,000 | 1,076,197 | ||||||
|
Series A, 5.00%, 10/01/32 (PR 10/01/27) |
1,355 | 1,458,247 | ||||||
|
Series A, 5.00%, 10/01/34 (PR 10/01/27) |
14,060 | 15,131,330 | ||||||
|
Series B, 4.00%, 10/01/39 (Call 10/01/29) |
1,760 | 1,735,315 | ||||||
|
Series B, 5.00%, 12/01/32 (Call 12/01/23) |
7,000 | 7,028,076 | ||||||
|
Series C, 4.00%, 10/01/41 (Call 10/01/28) |
2,205 | 2,141,793 | ||||||
|
Series C, 5.00%, 10/01/24 |
4,000 | 4,068,660 | ||||||
|
Series C, 5.00%, 10/01/26 (Call 10/01/25) |
3,590 | 3,713,133 | ||||||
|
Series C, 5.00%, 10/01/27 (Call 10/01/25) |
3,440 | 3,564,028 | ||||||
|
Series C, 5.00%, 10/01/36 (Call 10/01/28) |
3,250 | 3,469,981 | ||||||
|
Series F, 5.00%, 11/01/32 (PR 11/01/25) |
4,700 | 4,877,181 | ||||||
|
West Rankin Utility Authority RB, 5.00%, 01/01/48 (PR 01/01/28) (AGM) |
13,500 | 14,541,120 | ||||||
|
|
|
|||||||
| 87,119,330 | ||||||||
| Missouri — 0.5% | ||||||||
|
City of Kansas City MO Sanitary Sewer System Revenue RB, Series A, 4.00%, 01/01/42 (Call 01/01/28) |
1,000 | 972,203 | ||||||
|
City of Springfield MO Public Utility Revenue RB, 4.00%, 08/01/31 (Call 08/01/25) |
2,000 | 2,006,876 | ||||||
|
Curators of the University of Missouri (The) RB, Series B, 5.00%, 11/01/30 |
18,030 | 20,378,887 | ||||||
|
Metropolitan St. Louis Sewer District RB |
||||||||
|
Series A, 5.00%, 05/01/42 (Call 05/01/27) |
2,000 | 2,073,292 | ||||||
|
Series A, 5.00%, 05/01/47 (Call 05/01/27) |
3,775 | 3,912,079 | ||||||
|
Series B, 5.00%, 05/01/45 (Call 05/01/25) |
4,200 | 4,303,107 | ||||||
|
Missouri Highway & Transportation Commission RB |
||||||||
|
5.00%, 11/01/23 |
5,890 | 5,904,365 | ||||||
|
5.00%, 05/01/28 |
15,000 | 16,344,717 | ||||||
|
5.00%, 05/01/29 |
15,000 | 16,585,587 | ||||||
|
5.00%, 05/01/30 |
15,000 | 16,852,069 | ||||||
|
5.00%, 05/01/31 |
15,000 | 17,117,629 | ||||||
|
Series A, 5.00%, 05/01/25 (Call 05/01/24) |
5,000 | 5,054,361 | ||||||
|
Series A, 5.00%, 05/01/26 |
14,205 | 14,912,842 | ||||||
|
Missouri Joint Municipal Electric Utility Commission RB, Series A, 5.00%, 12/01/40 (Call 06/01/26) |
9,460 | 9,570,454 | ||||||
|
Missouri State Board of Public Buildings RB |
||||||||
|
Series B, 4.00%, 10/01/28 |
5,000 | 5,214,242 | ||||||
|
Series B, 5.00%, 10/01/24 |
6,060 | 6,171,082 | ||||||
|
|
|
|||||||
| 147,373,792 | ||||||||
| Nebraska — 0.4% | ||||||||
|
Nebraska Public Power District RB |
||||||||
|
5.00%, 07/01/28 (Call 01/01/28) |
3,255 | 3,495,728 | ||||||
|
Series C, 5.00%, 01/01/24 |
2,000 | 2,009,915 | ||||||
| 46 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par |
Value | ||||||
| Nebraska (continued) | ||||||||
|
Series D, 4.00%, 01/01/44 (Call 01/01/31) |
$ | 3,625 | $ | 3,376,854 | ||||
|
Omaha Public Power District Nebraska City Station Unit 2 RB, Series A, 5.00%, 02/01/49 (Call 02/01/26) |
2,000 | 2,036,409 | ||||||
|
Omaha Public Power District RB |
||||||||
|
4.25%, 02/01/47 (Call 02/01/32) |
2,500 | 2,447,914 | ||||||
|
5.00%, 02/01/47 (Call 02/01/32) |
30,000 | 32,239,317 | ||||||
|
5.25%, 02/01/52 (Call 02/01/32) |
21,635 | 23,323,415 | ||||||
|
Series A, 3.00%, 02/01/41 (Call 08/01/30) |
1,000 | 828,471 | ||||||
|
Series A, 4.00%, 02/01/51 (Call 08/01/30) |
1,500 | 1,396,497 | ||||||
|
Series A, 5.00%, 02/01/30 (Call 02/01/29) |
1,500 | 1,640,847 | ||||||
|
Series A, 5.00%, 02/01/31 (Call 02/01/29) |
3,650 | 3,993,741 | ||||||
|
Series A, 5.00%, 02/01/42 (Call 12/01/27) |
15,575 | 16,243,744 | ||||||
|
Series A, 5.00%, 02/01/46 (Call 08/01/30) |
18,300 | 19,476,879 | ||||||
|
Series AA, 4.00%, 02/01/34 (Call 02/01/24) |
2,500 | 2,501,079 | ||||||
|
Series B, 4.00%, 02/01/46 (Call 08/01/30) |
3,000 | 2,839,421 | ||||||
|
Series B, 5.00%, 02/01/31 (PR 08/01/24) |
3,670 | 3,723,318 | ||||||
|
Series CC, 4.00%, 02/01/38 (Call 02/01/24) |
10,000 | 9,801,025 | ||||||
|
University of Nebraska Facilities Corp. (The) |
||||||||
|
Series A, 4.00%, 07/15/59 (Call 07/15/31) |
3,500 | 3,135,809 | ||||||
|
Series B, 5.00%, 07/15/51 (Call 07/15/31) |
3,000 | 3,172,751 | ||||||
|
|
|
|||||||
| 137,683,134 | ||||||||
| Nevada — 0.8% | ||||||||
|
Clark County School District, 5.00%, 06/15/24 (AGM) |
3,000 | 3,035,051 | ||||||
|
Clark County School District GOL |
||||||||
|
5.00%, 06/15/24 |
2,415 | 2,440,059 | ||||||
|
5.00%, 06/15/26 |
5,250 | 5,482,955 | ||||||
|
Series A, 5.00%, 06/15/25 |
5,240 | 5,376,413 | ||||||
|
Series C, 5.00%, 06/15/24 |
2,580 | 2,606,771 | ||||||
|
Series C, 5.00%, 06/15/25 |
2,805 | 2,878,023 | ||||||
|
Series C, 5.00%, 06/15/26 (Call 12/15/25) |
4,705 | 4,865,772 | ||||||
|
Series C, 5.00%, 06/15/27 (Call 12/15/25) |
6,630 | 6,859,496 | ||||||
|
Series D, 5.00%, 06/15/28 (Call 12/15/25) |
1,000 | 1,035,727 | ||||||
|
County of Clark Department of Aviation RB |
||||||||
|
5.00%, 07/01/25 |
2,500 | 2,569,033 | ||||||
|
5.00%, 07/01/26 |
2,010 | 2,109,203 | ||||||
|
5.00%, 07/01/32 (Call 07/01/29) |
2,500 | 2,730,463 | ||||||
|
Series A, 5.00%, 07/01/26 |
1,200 | 1,259,225 | ||||||
|
Series A-2, 5.00%, 07/01/40 (Call 07/01/27) |
5,190 | 5,366,841 | ||||||
|
County of Clark NV GOL |
||||||||
|
4.00%, 06/01/31 (Call 06/01/27) |
17,000 | 17,496,835 | ||||||
|
4.00%, 06/01/38 (Call 06/01/27) |
12,705 | 12,518,990 | ||||||
|
4.00%, 07/01/44 (Call 07/01/27) |
7,135 | 6,816,879 | ||||||
|
5.00%, 11/01/37 (PR 11/01/23) |
12,055 | 12,084,401 | ||||||
|
Series B, 5.00%, 11/01/27 (Call 11/01/26) |
2,000 | 2,106,373 | ||||||
|
Series B, 5.00%, 11/01/28 (Call 11/01/26) |
5,000 | 5,261,323 | ||||||
|
County of Clark NV Passenger Facility Charge |
||||||||
|
Revenue RB |
||||||||
|
5.00%, 07/01/26 |
2,000 | 2,098,709 | ||||||
|
5.00%, 07/01/33 (Call 07/01/29) |
2,000 | 2,172,321 | ||||||
|
County of Washoe NV RB, 5.00%, 02/01/42 |
||||||||
|
(Call 02/01/29) |
2,000 | 2,086,414 | ||||||
|
Las Vegas Valley Water District GOL |
||||||||
|
4.00%, 06/01/34 (Call 06/01/32) |
5,085 | 5,346,377 | ||||||
|
4.00%, 06/01/39 (Call 12/01/24) |
2,000 | 1,987,444 | ||||||
|
4.00%, 06/01/47 (Call 06/01/32) |
15,235 | 14,512,168 | ||||||
|
4.00%, 06/01/52 (Call 06/01/32) |
18,430 | 17,392,269 | ||||||
|
5.00%, 06/01/34 (Call 06/01/26) |
3,500 | 3,643,086 | ||||||
|
5.00%, 06/01/35 (Call 06/01/26) |
2,000 | 2,078,575 | ||||||
|
5.00%, 06/01/39 (Call 12/01/24) |
5,775 | 5,846,383 | ||||||
| Security |
Par |
Value | ||||||
| Nevada (continued) | ||||||||
|
Series A, 4.00%, 06/01/51 (Call 12/01/31) |
$ | 10,000 | $ | 9,466,406 | ||||
|
Series A, 5.00%, 06/01/26 |
10,000 | 10,484,297 | ||||||
|
Series A, 5.00%, 06/01/41 (Call 06/01/26) |
9,730 | 9,996,865 | ||||||
|
Series A, 5.00%, 06/01/46 (Call 06/01/26) |
4,000 | 4,095,083 | ||||||
|
State of Nevada GOL |
||||||||
|
Series B, 5.00%, 11/01/24 |
10,000 | 10,197,798 | ||||||
|
Series B, 5.00%, 11/01/26 (Call 05/01/25) |
1,650 | 1,696,380 | ||||||
|
Series D, 5.00%, 04/01/24 |
3,070 | 3,098,551 | ||||||
|
Series D, 5.00%, 04/01/25 |
3,260 | 3,348,750 | ||||||
|
State of Nevada Highway Improvement Revenue RB |
||||||||
|
5.00%, 12/01/25 |
1,450 | 1,506,128 | ||||||
|
5.00%, 12/01/27 (Call 06/01/26) |
3,000 | 3,136,442 | ||||||
|
5.00%, 12/01/28 (Call 06/01/26) |
6,715 | 7,016,813 | ||||||
|
Washoe County School District/NV GOL, Series C, 4.00%, 10/01/47 (Call 10/01/27) |
52,635 | 48,118,349 | ||||||
|
|
|
|||||||
| 274,225,441 | ||||||||
| New Hampshire — 0.0% | ||||||||
|
State of New Hampshire GO, Series D, 5.00%, 12/01/24 |
6,055 | 6,188,840 | ||||||
|
|
|
|||||||
| New Jersey — 4.4% | ||||||||
|
County of Monmouth NJ GO |
||||||||
|
5.00%, 01/15/35 (Call 01/15/33) |
3,265 | 3,808,051 | ||||||
|
5.00%, 01/15/36 (Call 01/15/33) |
3,980 | 4,591,753 | ||||||
|
Series A, 5.00%, 01/15/31 |
6,430 | 7,354,718 | ||||||
|
Series A, 5.00%, 01/15/32 (Call 07/15/31) |
5,160 | 5,941,738 | ||||||
|
Series A, 5.00%, 01/15/34 (Call 07/15/31) |
6,250 | 7,179,944 | ||||||
|
Garden State Preservation Trust RB, Series A, 5.75%, 11/01/28 (AGM) |
1,500 | 1,601,012 | ||||||
|
New Jersey Economic Development Authority RB |
||||||||
|
4.00%, 11/01/37 (Call 11/01/29) |
2,000 | 2,001,659 | ||||||
|
4.00%, 06/15/44 (Call 12/15/29) |
2,000 | 1,920,200 | ||||||
|
4.00%, 11/01/44 (Call 11/01/29) |
750 | 718,710 | ||||||
|
5.00%, 03/01/25 |
4,425 | 4,513,054 | ||||||
|
5.00%, 03/01/26 |
7,000 | 7,244,279 | ||||||
|
5.00%, 06/15/26 |
4,910 | 5,108,534 | ||||||
|
5.00%, 06/15/27 |
1,000 | 1,057,182 | ||||||
|
5.00%, 03/01/28 |
4,000 | 4,273,972 | ||||||
|
5.00%, 11/01/34 (Call 11/01/29) |
1,000 | 1,077,556 | ||||||
|
5.00%, 11/01/36 (Call 11/01/32) |
10,000 | 10,906,404 | ||||||
|
5.00%, 11/01/40 (Call 11/01/29) |
1,000 | 1,045,760 | ||||||
|
5.00%, 06/15/43 (Call 12/15/28) |
4,590 | 4,842,519 | ||||||
|
5.00%, 11/01/44 (Call 11/01/29) |
5,000 | 5,183,959 | ||||||
|
5.00%, 06/15/47 (Call 12/15/27) |
6,110 | 6,235,449 | ||||||
|
5.00%, 06/15/49 (Call 12/15/29) |
5,000 | 5,158,305 | ||||||
|
5.25%, 11/01/47 (Call 11/01/32) |
10,000 | 10,693,058 | ||||||
|
Series A, 4.00%, 11/01/27 (SAP) |
1,255 | 1,281,307 | ||||||
|
Series A, 4.00%, 07/01/34 (Call 07/01/27) |
3,540 | 3,546,413 | ||||||
|
Series A, 5.00%, 06/15/42 (Call 12/15/27) |
4,665 | 4,786,277 | ||||||
|
Series AAA, 5.00%, 06/15/36 (Call 12/15/26) |
1,000 | 1,028,235 | ||||||
|
Series AAA, 5.00%, 06/15/41 (Call 12/15/26) |
1,515 | 1,604,709 | ||||||
|
Series B, 5.00%, 11/01/23 (SAP) |
4,430 | 4,438,708 | ||||||
|
Series B, 5.00%, 11/01/26 (SAP) |
9,500 | 9,944,491 | ||||||
|
Series B, 5.00%, 06/15/43 (Call 12/15/28) |
1,000 | 1,029,748 | ||||||
|
Series BBB, 5.50%, 06/15/30 (PR 12/15/26) |
8,840 | 9,500,202 | ||||||
|
Series DDD, 5.00%, 06/15/42 (Call 06/15/27) |
8,925 | 9,563,953 | ||||||
|
Series EEE, 5.00%, 06/15/36 (Call 12/15/28) |
2,640 | 2,912,205 | ||||||
|
Series EEE, 5.00%, 06/15/48 (Call 12/15/28) |
6,000 | 6,142,383 | ||||||
|
Series MMM, 4.00%, 06/15/35 (Call 12/15/29) |
2,000 | 2,029,675 | ||||||
|
Series MMM, 5.00%, 06/15/33 (Call 12/15/29) |
6,460 | 6,997,068 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
47 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par |
Value | ||||||
| New Jersey (continued) | ||||||||
|
Series MMM, 5.00%, 06/15/34 (Call 12/15/29) |
$ | 2,500 | $ | 2,701,516 | ||||
|
Series N-1, 5.50%, 09/01/24 (AMBAC) |
1,455 | 1,480,901 | ||||||
|
Series N-1, 5.50%, 09/01/26 (AMBAC) |
1,000 | 1,058,781 | ||||||
|
Series PP, 5.00%, 06/15/26 (Call 06/15/24) |
4,320 | 4,375,434 | ||||||
|
Series PP, 5.00%, 06/15/27 (Call 06/15/24) |
3,000 | 3,039,653 | ||||||
|
Series PP, 5.00%, 06/15/31 (Call 06/15/24) |
2,500 | 2,533,044 | ||||||
|
Series QQQ, 4.00%, 06/15/46 (Call 12/15/30) |
12,175 | 11,576,864 | ||||||
|
Series QQQ, 4.00%, 06/15/50 (Call 12/15/30) |
2,250 | 2,108,770 | ||||||
|
Series UU, 5.00%, 06/15/40 (Call 06/15/24) |
7,645 | 7,719,574 | ||||||
|
Series WW, 5.25%, 06/15/31 (PR 06/15/25) (SAP) |
2,500 | 2,591,399 | ||||||
|
Series WW, 5.25%, 06/15/40 (Call 06/15/25) |
1,000 | 1,036,560 | ||||||
|
Series XX, 4.00%, 06/15/24 (SAP) |
3,020 | 3,027,723 | ||||||
|
Series XX, 5.00%, 06/15/25 |
5,000 | 5,119,738 | ||||||
|
Series XX, 5.00%, 06/15/26 (Call 06/15/25) (SAP) |
15,000 | 15,484,062 | ||||||
|
New Jersey Educational Facilities Authority RB |
||||||||
|
5.00%, 07/01/24 |
1,000 | 1,014,230 | ||||||
|
5.00%, 03/01/27 |
11,330 | 12,118,720 | ||||||
|
5.00%, 07/01/28 (Call 07/01/26) |
5,115 | 5,376,858 | ||||||
|
5.00%, 07/01/31 (Call 07/01/27) |
3,235 | 3,479,596 | ||||||
|
5.00%, 03/01/32 |
5,000 | 5,837,431 | ||||||
|
5.00%, 07/01/33 (Call 07/01/27) |
9,400 | 10,105,720 | ||||||
|
Series A, 5.00%, 07/01/26 (Call 07/01/24) |
1,650 | 1,673,480 | ||||||
|
Series B, 5.00%, 03/01/28 |
5,755 | 6,278,599 | ||||||
|
Series B, 5.00%, 07/01/29 (Call 07/01/27) |
5,000 | 5,374,693 | ||||||
|
Series C, 5.00%, 03/01/27 |
7,025 | 7,514,034 | ||||||
|
New Jersey Institute of Technology/NJ RB, Series A, 5.00%, 07/01/45 (Call 07/01/25) |
2,500 | 2,529,709 | ||||||
|
New Jersey Transportation Trust Fund Authority |
||||||||
|
5.00%, 06/15/33 (Call 12/15/32) |
2,000 | 2,235,503 | ||||||
|
5.00%, 06/15/34 (Call 12/15/32) |
1,875 | 2,088,983 | ||||||
|
5.00%, 06/15/44 (Call 12/15/32) |
10,500 | 11,062,678 | ||||||
|
5.50%, 06/15/50 (Call 12/15/32) |
3,250 | 3,540,105 | ||||||
|
New Jersey Transportation Trust Fund Authority RB |
||||||||
|
3.00%, 06/15/50 (Call 12/15/30) |
9,000 | 6,557,687 | ||||||
|
4.00%, 12/15/39 (Call 12/15/29) |
500 | 488,909 | ||||||
|
4.00%, 06/15/41 (Call 12/15/31) |
5,500 | 5,313,326 | ||||||
|
4.25%, 06/15/40 (Call 06/15/33) |
10,000 | 10,025,143 | ||||||
|
5.00%, 12/15/24 |
4,500 | 4,576,071 | ||||||
|
5.00%, 12/15/25 |
5,725 | 5,908,903 | ||||||
|
5.00%, 06/15/26 |
11,985 | 12,470,138 | ||||||
|
5.00%, 12/15/26 |
2,885 | 3,025,779 | ||||||
|
5.00%, 06/15/27 |
2,965 | 3,135,336 | ||||||
|
5.00%, 12/15/27 |
1,380 | 1,469,989 | ||||||
|
5.00%, 12/15/28 |
1,000 | 1,079,737 | ||||||
|
5.00%, 06/15/29 |
6,500 | 7,060,659 | ||||||
|
5.00%, 06/15/29 (Call 12/15/28) |
7,000 | 7,535,565 | ||||||
|
5.00%, 06/15/30 |
7,000 | 7,669,834 | ||||||
|
5.00%, 06/15/32 (Call 06/15/31) |
4,250 | 4,685,900 | ||||||
|
5.00%, 06/15/32 (Call 12/15/31) |
2,500 | 2,770,665 | ||||||
|
5.00%, 12/15/32 (Call 12/15/29) |
7,340 | 7,957,814 | ||||||
|
5.00%, 06/15/35 (Call 06/15/33) |
3,000 | 3,332,492 | ||||||
|
5.00%, 06/15/36 (Call 06/15/33) |
3,500 | 3,849,421 | ||||||
|
5.00%, 06/15/37 (Call 12/15/28) |
1,250 | 1,312,300 | ||||||
|
5.00%, 06/15/37 (Call 06/15/33) |
8,000 | 8,711,681 | ||||||
|
5.00%, 06/15/38 (Call 06/15/33) |
7,810 | 8,441,201 | ||||||
|
5.00%, 06/15/39 (Call 06/15/33) |
6,000 | 6,451,083 | ||||||
|
5.00%, 12/15/39 (Call 12/15/29) |
1,000 | 1,049,936 | ||||||
|
5.25%, 06/15/42 (Call 06/15/33) |
3,000 | 3,243,753 | ||||||
|
Series S, 5.00%, 06/15/34 (Call 12/15/28) |
2,500 | 2,667,345 | ||||||
|
Series S, 5.00%, 06/15/46 (Call 12/15/28) |
12,000 | 12,339,918 | ||||||
| Security |
Par |
Value | ||||||
| New Jersey (continued) | ||||||||
|
Series A, 0.00%, 12/15/23(a) |
$ | 2,000 | $ | 1,979,573 | ||||
|
Series A, 0.00%, 12/15/25(a) |
2,255 | 2,070,328 | ||||||
|
Series A, 0.00%, 12/15/28(a) |
3,655 | 3,004,367 | ||||||
|
Series A, 0.00%, 12/15/29(a) |
3,290 | 2,594,562 | ||||||
|
Series A, 0.00%, 12/15/30(a) |
3,000 | 2,267,537 | ||||||
|
Series A, 0.00%, 12/15/31(a) |
5,425 | 3,921,903 | ||||||
|
Series A, 0.00%, 12/15/32(a) |
1,290 | 890,585 | ||||||
|
Series A, 0.00%, 12/15/33(a) |
930 | 615,803 | ||||||
|
Series A, 0.00%, 12/15/34(a) |
16,055 | 10,130,679 | ||||||
|
Series A, 0.00%, 12/15/35(a) |
11,710 | 6,972,720 | ||||||
|
Series A, 0.00%, 12/15/36(a) |
3,750 | 2,096,188 | ||||||
|
Series A, 0.00%, 12/15/37(a) |
7,700 | 4,049,266 | ||||||
|
Series A, 0.00%, 12/15/38(a) |
4,485 | 2,230,408 | ||||||
|
Series A, 0.00%, 12/15/39(a) |
33,700 | 15,845,548 | ||||||
|
Series A, 0.00%, 12/15/40(a) |
5,500 | 2,432,668 | ||||||
|
Series A, 4.00%, 12/15/31 (Call 12/15/28) |
9,630 | 9,829,584 | ||||||
|
Series A, 4.00%, 06/15/34 (Call 06/15/31) |
9,025 | 9,239,831 | ||||||
|
Series A, 4.00%, 06/15/36 (Call 06/15/31) |
1,165 | 1,175,104 | ||||||
|
Series A, 4.00%, 12/15/37 (Call 12/15/28) (BAM) |
13,770 | 13,870,409 | ||||||
|
Series A, 4.25%, 12/15/38 (Call 12/15/28) |
1,000 | 1,005,713 | ||||||
|
Series A, 5.00%, 06/15/24 |
3,325 | 3,361,290 | ||||||
|
Series A, 5.00%, 12/15/24 |
1,000 | 1,016,905 | ||||||
|
Series A, 5.00%, 12/15/27 |
10,230 | 10,897,094 | ||||||
|
Series A, 5.00%, 06/15/28 (Call 06/15/26) |
8,350 | 8,695,022 | ||||||
|
Series A, 5.00%, 12/15/28 |
6,050 | 6,532,408 | ||||||
|
Series A, 5.00%, 06/15/29 (Call 06/15/26) |
6,700 | 6,980,993 | ||||||
|
Series A, 5.00%, 06/15/30 (Call 06/15/26) |
6,500 | 6,763,283 | ||||||
|
Series A, 5.00%, 12/15/30 (Call 12/15/28) |
2,500 | 2,681,775 | ||||||
|
Series A, 5.00%, 06/15/31 (Call 06/15/26) |
5,830 | 6,059,723 | ||||||
|
Series A, 5.00%, 12/15/32 (Call 12/15/28) |
2,000 | 2,138,925 | ||||||
|
Series A, 5.00%, 12/15/33 (Call 12/15/28) |
12,045 | 12,866,390 | ||||||
|
Series A, 5.00%, 12/15/34 (Call 12/15/28) |
8,000 | 8,518,772 | ||||||
|
Series A, 5.00%, 12/15/35 (Call 12/15/28) |
4,000 | 4,236,606 | ||||||
|
Series A, 5.00%, 12/15/36 (Call 12/15/28) |
13,685 | 14,407,950 | ||||||
|
Series A, 5.50%, 12/15/23 |
10,845 | 10,898,999 | ||||||
|
Series A, 5.75%, 06/15/25 (NPFGC) |
12,600 | 13,085,055 | ||||||
|
Series A-1, 5.00%, 06/15/24 |
3,905 | 3,947,621 | ||||||
|
Series A-1, 5.00%, 06/15/27 (Call 06/15/26) |
3,425 | 3,563,034 | ||||||
|
Series A-1, 5.00%, 06/15/29 (Call 06/15/26) |
1,870 | 1,948,426 | ||||||
|
Series A-1, 5.00%, 06/15/30 (Call 06/15/26) |
1,000 | 1,040,505 | ||||||
|
Series AA, 4.00%, 06/15/35 (Call 12/15/30) |
2,655 | 2,698,189 | ||||||
|
Series AA, 4.00%, 06/15/36 (Call 12/15/30) |
1,750 | 1,764,327 | ||||||
|
Series AA, 4.00%, 06/15/37 (Call 12/15/30) |
2,490 | 2,490,897 | ||||||
|
Series AA, 4.00%, 06/15/38 (Call 12/15/30) |
3,000 | 2,970,060 | ||||||
|
Series AA, 4.00%, 06/15/39 (Call 12/15/30) |
7,750 | 7,608,017 | ||||||
|
Series AA, 4.00%, 06/15/40 (Call 12/15/30) |
500 | 486,981 | ||||||
|
Series AA, 4.00%, 06/15/45 (Call 12/15/30) |
10,000 | 9,473,388 | ||||||
|
Series AA, 4.00%, 06/15/50 (Call 12/15/30) |
13,810 | 12,698,483 | ||||||
|
Series AA, 5.00%, 06/15/24 |
10,000 | 10,101,460 | ||||||
|
Series AA, 5.00%, 06/15/25 (Call 06/15/24) |
1,000 | 1,010,633 | ||||||
|
Series AA, 5.00%, 06/15/36 (Call 12/15/30) |
1,000 | 1,077,654 | ||||||
|
Series AA, 5.00%, 06/15/38 (Call 06/15/24) |
3,100 | 3,115,273 | ||||||
|
Series AA, 5.00%, 06/15/38 (Call 12/15/30) |
2,000 | 2,126,359 | ||||||
|
Series AA, 5.00%, 06/15/40 (Call 12/15/30) |
1,250 | 1,318,674 | ||||||
|
Series AA, 5.00%, 06/15/44 (Call 06/15/24) |
350 | 351,055 | ||||||
|
Series AA, 5.00%, 06/15/45 (Call 06/15/25) |
2,500 | 2,515,981 | ||||||
|
Series AA, 5.00%, 06/15/45 (Call 12/15/30) |
9,315 | 9,708,023 | ||||||
|
Series AA, 5.00%, 06/15/50 (Call 12/15/30) |
4,100 | 4,245,937 | ||||||
|
Series AA, 5.25%, 06/15/41 (Call 06/15/25) |
3,500 | 3,563,649 | ||||||
|
Series B, 5.25%, 12/15/23 (AMBAC) |
8,520 | 8,556,613 | ||||||
| 48 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par |
Value | ||||||
| New Jersey (continued) | ||||||||
|
Series BB, 4.00%, 06/15/36 (Call 12/15/28) |
$ | 6,200 | $ | 6,238,117 | ||||
|
Series BB, 4.00%, 06/15/37 (Call 12/15/28) |
2,000 | 2,000,519 | ||||||
|
Series BB, 4.00%, 06/15/38 (Call 12/15/28) |
15,340 | 15,186,907 | ||||||
|
Series BB, 4.00%, 06/15/44 (Call 12/15/28) |
2,000 | 1,893,832 | ||||||
|
Series BB, 4.00%, 06/15/50 (Call 12/15/28) |
7,640 | 7,025,084 | ||||||
|
Series BB, 5.00%, 06/15/33 (Call 12/15/28) |
4,000 | 4,276,334 | ||||||
|
Series BB, 5.00%, 06/15/35 (Call 12/15/28) |
8,960 | 9,516,911 | ||||||
|
Series BB, 5.00%, 06/15/44 (Call 12/15/28) |
11,275 | 11,620,981 | ||||||
|
Series BB, 5.00%, 06/15/50 (Call 12/15/28) |
7,185 | 7,361,453 | ||||||
|
Series C, 0.00%, 12/15/24 (AMBAC)(a) |
1,790 | 1,706,374 | ||||||
|
Series C, 0.00%, 12/15/25 (AMBAC)(a) |
10,170 | 9,337,135 | ||||||
|
Series C, 0.00%, 12/15/27 (NPFGC)(a) |
6,050 | 5,166,901 | ||||||
|
Series C, 0.00%, 12/15/28 (AMBAC)(a) |
4,615 | 3,799,377 | ||||||
|
Series C, 0.00%, 12/15/30 (NPFGC)(a) |
3,760 | 2,839,951 | ||||||
|
Series C, 0.00%, 12/15/31 (NPFGC)(a) |
17,280 | 12,543,065 | ||||||
|
Series C, 0.00%, 12/15/32 (AGM)(a) |
55,000 | 38,387,464 | ||||||
|
Series C, 0.00%, 12/15/33 (AGM)(a) |
13,040 | 8,695,594 | ||||||
|
Series C, 0.00%, 12/15/35 (AMBAC)(a) |
3,990 | 2,384,430 | ||||||
|
Series D, 5.00%, 12/15/23 |
2,445 | 2,453,840 | ||||||
|
Series D, 5.00%, 12/15/24 |
2,830 | 2,877,840 | ||||||
|
Series D, 5.00%, 06/15/32 (Call 12/15/24) |
18,390 | 18,665,679 | ||||||
|
Series D, 5.25%, 12/15/23 |
8,390 | 8,426,054 | ||||||
|
New Jersey Turnpike Authority RB |
||||||||
|
4.50%, 01/01/48 (Call 01/01/33) |
13,500 | 13,804,012 | ||||||
|
5.00%, 01/01/31 (Call 01/01/27) |
3,700 | 3,893,497 | ||||||
|
5.25%, 01/01/52 (Call 01/01/33) |
20,000 | 21,880,138 | ||||||
|
Series A, 4.00%, 01/01/35 (Call 07/01/24) |
3,145 | 3,133,255 | ||||||
|
Series A, 4.00%, 01/01/42 (Call 01/01/31) |
15,765 | 15,524,645 | ||||||
|
Series A, 4.00%, 01/01/48 (Call 01/01/29) |
41,800 | 39,767,508 | ||||||
|
Series A, 4.00%, 01/01/51 (Call 01/01/31) |
3,395 | 3,228,767 | ||||||
|
Series A, 5.00%, 01/01/28 (Call 07/01/24) |
5,010 | 5,069,344 | ||||||
|
Series A, 5.00%, 01/01/29 (Call 01/01/27) |
2,000 | 2,112,606 | ||||||
|
Series A, 5.00%, 01/01/30 (Call 07/01/24) |
3,250 | 3,285,370 | ||||||
|
Series A, 5.00%, 01/01/31 (Call 07/01/24) |
12,730 | 12,908,034 | ||||||
|
Series A, 5.00%, 01/01/32 (Call 07/01/24) |
37,835 | 38,243,433 | ||||||
|
Series A, 5.00%, 01/01/33 (Call 07/01/24) |
800 | 808,149 | ||||||
|
Series A, 5.00%, 01/01/33 (Call 01/01/27) |
2,000 | 2,104,726 | ||||||
|
Series A, 5.00%, 01/01/48 (Call 01/01/29) |
18,085 | 18,903,731 | ||||||
|
Series B, 4.00%, 01/01/34 (Call 01/01/28) |
1,000 | 1,023,071 | ||||||
|
Series B, 5.00%, 01/01/28 |
1,750 | 1,887,166 | ||||||
|
Series B, 5.00%, 01/01/29 (Call 01/01/28) |
1,290 | 1,388,451 | ||||||
|
Series B, 5.00%, 01/01/31 (Call 01/01/28) |
4,500 | 4,825,694 | ||||||
|
Series B, 5.00%, 01/01/32 (Call 01/01/28) |
8,150 | 8,733,256 | ||||||
|
Series B, 5.00%, 01/01/40 (Call 01/01/28) |
4,500 | 4,696,839 | ||||||
|
Series C, 5.00%, 01/01/25 |
5,025 | 5,135,282 | ||||||
|
Series E, 5.00%, 01/01/31 (Call 01/01/28) |
3,400 | 3,646,080 | ||||||
|
Series E, 5.00%, 01/01/32 (Call 01/01/28) |
7,200 | 7,715,269 | ||||||
|
Series E, 5.00%, 01/01/34 (Call 01/01/25) |
2,000 | 2,037,377 | ||||||
|
Series E, 5.00%, 01/01/45 (Call 01/01/25) |
17,345 | 17,551,749 | ||||||
|
Series G, 4.00%, 01/01/34 (Call 01/01/28) |
3,500 | 3,580,749 | ||||||
|
Series G, 4.00%, 01/01/43 (Call 01/01/28) |
27,100 | 26,147,841 | ||||||
|
Series G, 5.00%, 01/01/35 (Call 01/01/28) |
3,565 | 3,813,885 | ||||||
|
Series G, 5.00%, 01/01/36 (Call 01/01/28) |
2,380 | 2,530,089 | ||||||
|
State of New Jersey GO |
||||||||
|
2.00%, 06/01/24 |
4,810 | 4,732,998 | ||||||
|
3.00%, 06/01/32 |
5,050 | 4,691,865 | ||||||
|
5.00%, 06/01/27 (Call 06/01/25) |
2,885 | 2,971,473 | ||||||
|
5.00%, 06/01/32 (PR 06/01/25) |
1,500 | 1,543,518 | ||||||
|
Series A, 4.00%, 06/01/30 |
13,250 | 13,820,660 | ||||||
|
Series A, 4.00%, 06/01/31 |
32,000 | 33,503,603 | ||||||
| Security |
Par |
Value | ||||||
| New Jersey (continued) | ||||||||
|
Series A, 4.00%, 06/01/32 |
$ | 10,500 | $ | 10,991,071 | ||||
|
Series A, 5.00%, 06/01/25 |
22,580 | 23,227,373 | ||||||
|
Series A, 5.00%, 06/01/26 |
34,780 | 36,389,831 | ||||||
|
Series A, 5.00%, 06/01/27 |
19,335 | 20,578,790 | ||||||
|
Series A, 5.00%, 06/01/28 |
22,530 | 24,402,802 | ||||||
|
Series A, 5.00%, 06/01/29 |
33,380 | 36,679,817 | ||||||
|
|
|
|||||||
| 1,443,540,994 | ||||||||
| New Mexico — 0.2% | ||||||||
|
New Mexico Finance Authority RB |
||||||||
|
Series A, 5.00%, 06/15/25 |
600 | 618,552 | ||||||
|
Series A, 5.00%, 06/15/28 |
6,500 | 7,084,548 | ||||||
|
Series A, 5.00%, 06/15/30 |
1,500 | 1,684,540 | ||||||
|
State of New Mexico GO |
||||||||
|
5.00%, 03/01/25 |
3,010 | 3,086,175 | ||||||
|
5.00%, 03/01/26 |
1,500 | 1,565,715 | ||||||
|
5.00%, 03/01/27 |
27,815 | 29,618,032 | ||||||
|
5.00%, 03/01/29 |
5,000 | 5,516,648 | ||||||
|
State of New Mexico Severance Tax Permanent Fund RB |
||||||||
|
5.00%, 07/01/25 |
5,000 | 5,148,790 | ||||||
|
5.00%, 07/01/31 |
13,540 | 15,399,894 | ||||||
|
Series A, 5.00%, 07/01/26 |
2,500 | 2,626,841 | ||||||
|
|
|
|||||||
| 72,349,735 | ||||||||
| New York — 21.9% | ||||||||
|
Battery Park City Authority RB |
||||||||
|
5.00%, 11/01/29 |
4,415 | 4,960,391 | ||||||
|
5.00%, 11/01/30 |
5,000 | 5,710,234 | ||||||
|
5.00%, 11/01/33 |
3,500 | 4,164,079 | ||||||
|
5.00%, 11/01/38 (Call 11/01/33) |
2,480 | 2,810,268 | ||||||
|
5.00%, 11/01/41 (Call 11/01/33) |
2,000 | 2,195,558 | ||||||
|
5.00%, 11/01/43 (Call 11/01/33) |
4,000 | 4,349,970 | ||||||
|
5.00%, 11/01/44 (Call 11/01/33) |
5,000 | 5,416,813 | ||||||
|
5.00%, 11/01/53 (Call 11/01/33) |
66,000 | 70,435,596 | ||||||
|
Series A, 4.00%, 11/01/44 (Call 11/01/29) |
5,915 | 5,703,029 | ||||||
|
Series A, 5.00%, 11/01/24 (Call 11/01/23) |
1,635 | 1,638,988 | ||||||
|
Series A, 5.00%, 11/01/26 (Call 11/01/23) |
1,875 | 1,879,573 | ||||||
|
Series A, 5.00%, 11/01/49 (Call 11/01/29) |
3,960 | 4,165,854 | ||||||
|
Series B, 5.00%, 11/01/39 (Call 11/01/29) |
840 | 910,163 | ||||||
|
Series B, 5.00%, 11/01/40 (Call 11/01/29) |
3,700 | 3,975,597 | ||||||
|
Series D-2, VRDN, 4.00%, 11/01/38 (Put 08/31/23)(b) |
4,050 | 4,050,000 | ||||||
|
City of New York GO |
||||||||
|
VRDN, 3.90%, 09/01/49 (Call 08/31/23)(b) |
25,000 | 25,000,000 | ||||||
|
Series
F-5, VRDN, 3.95%, 06/01/44 |
3,800 | 3,800,000 | ||||||
|
City of New York NY GO |
||||||||
|
3.00%, 08/01/50 (Call 08/01/31) |
1,650 | 1,227,364 | ||||||
|
4.00%, 08/01/38 (Call 08/01/31) |
1,030 | 1,017,997 | ||||||
|
4.00%, 08/01/39 (Call 08/01/30) |
1,525 | 1,498,517 | ||||||
|
4.00%, 08/01/41 (Call 08/01/30) |
3,345 | 3,253,787 | ||||||
|
4.00%, 08/01/41 (Call 08/01/31) |
13,060 | 12,703,873 | ||||||
|
5.00%, 08/01/25 |
1,000 | 1,033,077 | ||||||
|
5.00%, 09/01/25 |
3,210 | 3,318,011 | ||||||
|
5.00%, 08/01/27 |
7,410 | 7,942,887 | ||||||
|
5.00%, 08/01/28 |
1,875 | 2,044,186 | ||||||
|
5.00%, 09/01/28 |
5,525 | 6,033,101 | ||||||
|
5.00%, 08/01/29 |
1,500 | 1,658,324 | ||||||
|
5.00%, 09/01/29 |
5,940 | 6,575,426 | ||||||
|
5.00%, 11/01/29 |
5,000 | 5,548,987 | ||||||
|
5.00%, 08/01/30 |
18,890 | 21,156,067 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
49 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par |
Value | ||||||
| New York (continued) | ||||||||
|
5.00%, 11/01/30 |
$ | 9,950 | $ | 11,184,825 | ||||
|
5.00%, 08/01/31 |
11,975 | 13,582,737 | ||||||
|
5.00%, 08/01/31 (Call 08/01/30) |
11,150 | 12,432,850 | ||||||
|
5.00%, 04/01/32 (Call 04/01/29) |
5,250 | 5,724,837 | ||||||
|
5.00%, 08/01/32 |
19,700 | 22,559,535 | ||||||
|
5.00%, 08/01/32 (Call 08/01/30) |
6,550 | 7,287,914 | ||||||
|
5.00%, 08/01/32 (Call 08/01/31) |
5,000 | 5,635,209 | ||||||
|
5.00%, 08/01/33 |
11,445 | 13,236,326 | ||||||
|
5.00%, 08/01/34 (Call 08/01/33) |
13,475 | 15,446,572 | ||||||
|
5.00%, 08/01/35 (Call 08/01/33) |
6,475 | 7,331,656 | ||||||
|
5.00%, 08/01/36 (Call 08/01/33) |
5,250 | 5,877,739 | ||||||
|
5.00%, 08/01/37 (Call 08/01/33) |
1,500 | 1,661,031 | ||||||
|
5.00%, 08/01/38 (Call 08/01/33) |
1,250 | 1,374,441 | ||||||
|
5.00%, 04/01/39 (Call 04/01/33) |
12,500 | 13,641,534 | ||||||
|
5.00%, 09/01/39 (Call 09/01/32) |
2,000 | 2,173,365 | ||||||
|
5.00%, 12/01/44 (Call 12/01/28) |
13,695 | 14,294,353 | ||||||
|
5.25%, 10/01/32 (Call 10/01/27) |
10,440 | 11,258,130 | ||||||
|
5.25%, 09/01/42 (Call 09/01/32) |
2,000 | 2,190,373 | ||||||
|
VRDN, 3.92%, 03/01/42 (Call 08/31/23)(b) |
26,400 | 26,400,000 | ||||||
|
VRDN, 3.95%, 12/01/47 (Put 08/31/23)(b) |
30,950 | 30,950,000 | ||||||
|
VRDN, 4.00%, 08/01/44 (Call 08/31/23)(b) |
25,440 | 25,440,000 | ||||||
|
Series 1, 5.00%, 08/01/25 |
6,285 | 6,496,424 | ||||||
|
Series 1-I, 5.00%, 03/01/30 (Call 03/01/24) |
1,000 | 1,007,532 | ||||||
|
Series 2015-A, 5.00%, 08/01/31 (Call 08/01/24) |
2,500 | 2,534,306 | ||||||
|
Series 2015-A, 5.00%, 08/01/32 (Call 08/01/24) |
1,000 | 1,013,544 | ||||||
|
Series A, 5.00%, 08/01/24 |
12,380 | 12,574,285 | ||||||
|
Series A, 5.00%, 08/01/25 |
1,610 | 1,664,160 | ||||||
|
Series A, 5.00%, 08/01/26 |
5,250 | 5,525,797 | ||||||
|
Series A, 5.00%, 08/01/26 (Call 08/01/25) |
1,850 | 1,904,273 | ||||||
|
Series A, 5.00%, 08/01/27 (Call 08/01/25) |
1,060 | 1,091,889 | ||||||
|
Series A, 5.00%, 08/01/28 (Call 08/01/25) |
3,260 | 3,356,855 | ||||||
|
Series A, 5.00%, 08/01/28 (Call 08/01/27) |
2,000 | 2,138,924 | ||||||
|
Series A-1, 4.00%, 08/01/34 (Call 08/01/30) |
1,775 | 1,831,247 | ||||||
|
Series A-1, 4.00%, 08/01/34 (Call 08/01/31) |
2,550 | 2,641,000 | ||||||
|
Series A-1, 4.00%, 08/01/36 (Call 08/01/26) |
5,390 | 5,413,811 | ||||||
|
Series A-1, 4.00%, 08/01/37 (Call 08/01/29) |
2,500 | 2,500,513 | ||||||
|
Series A-1, 4.00%, 08/01/39 (Call 08/01/31) |
8,000 | 7,861,071 | ||||||
|
Series A-1, 4.00%, 08/01/40 (Call 08/01/31) |
2,000 | 1,954,801 | ||||||
|
Series A-1, 4.00%, 08/01/44 (Call 08/01/29) |
9,000 | 8,650,471 | ||||||
|
Series A-1, 4.00%, 08/01/50 (Call 08/01/31) |
3,315 | 3,121,140 | ||||||
|
Series A-1, 5.00%, 08/01/25 |
12,330 | 12,763,293 | ||||||
|
Series A-1, 5.00%, 08/01/27 |
2,500 | 2,679,787 | ||||||
|
Series A-1, 5.00%, 08/01/29 |
1,925 | 2,128,182 | ||||||
|
Series A-1, 5.00%, 08/01/30 (Call 08/01/26) |
1,660 | 1,728,428 | ||||||
|
Series A-1, 5.00%, 08/01/32 (Call 08/01/30) |
1,000 | 1,112,659 | ||||||
|
Series A-1, 5.00%, 08/01/38 (Call 08/01/26) |
3,000 | 3,081,869 | ||||||
|
Series A-2015, 5.00%, 08/01/24 |
1,695 | 1,721,600 | ||||||
|
Series A-3, 4.00%, 08/01/35 (Call 08/01/30) |
2,500 | 2,550,748 | ||||||
|
Series B, VRDN, 3.95%, 10/01/46 (Call 08/31/23)(b) |
10,770 | 10,770,000 | ||||||
|
Series B-1, 3.00%, 10/01/41 (Call 10/01/29) |
2,000 | 1,618,696 | ||||||
|
Series B-1, 4.00%, 10/01/35 (Call 10/01/29) |
1,015 | 1,032,069 | ||||||
|
Series B-1, 4.00%, 10/01/37 (Call 10/01/29) |
1,880 | 1,877,269 | ||||||
|
Series B-1, 4.00%, 10/01/41 (Call 10/01/27) |
1,000 | 972,568 | ||||||
|
Series B-1, 5.00%, 08/01/25 |
8,000 | 8,269,116 | ||||||
|
Series B-1, 5.00%, 08/01/26 |
24,055 | 25,318,674 | ||||||
|
Series B-1, 5.00%, 08/01/27 |
10,990 | 11,780,341 | ||||||
|
Series B-1, 5.00%, 08/01/29 |
32,500 | 35,930,349 | ||||||
|
Series B-1, 5.00%, 12/01/29 (Call 12/01/26) |
1,005 | 1,052,764 | ||||||
|
Series B-1, 5.00%, 10/01/31 (Call 10/01/29) |
1,175 | 1,291,256 | ||||||
|
Series B-1, 5.00%, 10/01/32 (Call 10/01/29) |
1,000 | 1,097,308 | ||||||
| Security |
Par |
Value | ||||||
| New York (continued) | ||||||||
|
Series B-1, 5.00%, 10/01/33 (Call 10/01/29) |
$ | 6,310 | $ | 6,913,018 | ||||
|
Series B-1, 5.00%, 12/01/33 (Call 12/01/26) |
1,800 | 1,879,927 | ||||||
|
Series B-1, 5.00%, 10/01/34 (Call 10/01/29) |
2,500 | 2,727,004 | ||||||
|
Series B-1, 5.00%, 12/01/35 (Call 12/01/26) |
7,815 | 8,120,731 | ||||||
|
Series B-1, 5.00%, 10/01/36 (Call 10/01/29) |
14,240 | 15,286,029 | ||||||
|
Series B-1, 5.00%, 10/01/37 (Call 10/01/27) |
3,000 | 3,156,136 | ||||||
|
Series B-1, 5.00%, 10/01/38 (Call 10/01/27) |
6,455 | 6,765,614 | ||||||
|
Series B-1, 5.00%, 10/01/38 (Call 10/01/29) |
5,000 | 5,307,170 | ||||||
|
Series B-1, 5.00%, 12/01/38 (Call 12/01/26) |
1,500 | 1,547,116 | ||||||
|
Series B-1, 5.00%, 12/01/41 (Call 12/01/26) |
3,000 | 3,085,037 | ||||||
|
Series C, 4.00%, 08/01/34 (Call 02/01/28) |
1,000 | 1,021,069 | ||||||
|
Series C, 4.00%, 08/01/35 (Call 02/01/26) |
4,870 | 4,907,199 | ||||||
|
Series C, 4.00%, 08/01/36 (Call 08/01/30) |
1,000 | 1,009,789 | ||||||
|
Series C, 4.00%, 08/01/40 (Call 08/01/30) |
1,000 | 977,401 | ||||||
|
Series C, 5.00%, 08/01/25 |
3,980 | 4,113,885 | ||||||
|
Series C, 5.00%, 08/01/26 |
2,960 | 3,115,496 | ||||||
|
Series C, 5.00%, 08/01/27 (Call 02/01/25) |
4,500 | 4,598,442 | ||||||
|
Series C, 5.00%, 08/01/28 (Call 02/01/25) |
5,165 | 5,276,561 | ||||||
|
Series C, 5.00%, 08/01/28 (Call 02/01/26) |
895 | 924,892 | ||||||
|
Series C, 5.00%, 08/01/28 (Call 02/01/27) |
3,200 | 3,388,900 | ||||||
|
Series C, 5.00%, 08/01/29 (Call 02/01/26) |
7,260 | 7,500,781 | ||||||
|
Series C, 5.00%, 08/01/29 (Call 02/01/28) |
4,000 | 4,298,012 | ||||||
|
Series C, 5.00%, 08/01/30 |
1,485 | 1,663,142 | ||||||
|
Series C, 5.00%, 08/01/32 (Call 02/01/28) |
2,435 | 2,609,544 | ||||||
|
Series C, 5.00%, 08/01/33 (Call 08/01/30) |
3,000 | 3,332,484 | ||||||
|
Series C, 5.00%, 08/01/38 (Call 08/01/30) |
8,665 | 9,299,208 | ||||||
|
Series C, 5.00%, 08/01/42 (Call 08/01/30) |
3,225 | 3,407,854 | ||||||
|
Series C-1, 5.00%, 08/01/25 |
2,000 | 2,067,279 | ||||||
|
Series C-1, 5.00%, 08/01/27 |
10,950 | 11,737,465 | ||||||
|
Series C-1, 5.00%, 08/01/28 |
3,000 | 3,270,698 | ||||||
|
Series C-1, 5.00%, 08/01/29 |
2,000 | 2,211,098 | ||||||
|
Series C-1, 5.00%, 08/01/30 |
6,750 | 7,559,738 | ||||||
|
Series C-1, 5.00%, 08/01/31 (Call 08/01/30) |
1,500 | 1,672,581 | ||||||
|
Series C-1, 5.00%, 08/01/33 (Call 08/01/30) |
15,635 | 17,367,797 | ||||||
|
Series C-1, 5.00%, 08/01/36 (Call 08/01/30) |
2,815 | 3,061,722 | ||||||
|
Series D1, 4.00%, 12/01/41 (Call 12/01/28) |
3,000 | 2,917,118 | ||||||
|
Series D1, 4.00%, 12/01/42 (Call 12/01/28) |
5,000 | 4,830,254 | ||||||
|
Series D1, 5.00%, 12/01/34 (Call 12/01/28) |
5,000 | 5,390,890 | ||||||
|
Series D1, 5.00%, 12/01/39 (Call 12/01/28) |
11,945 | 12,573,056 | ||||||
|
Series D1, 5.00%, 12/01/40 (Call 12/01/28) |
4,815 | 5,057,068 | ||||||
|
Series D1, 5.00%, 12/01/42 (Call 12/01/28) |
4,020 | 4,204,215 | ||||||
|
Series D-1, 4.00%, 03/01/36 (Call 03/01/30) |
2,700 | 2,734,296 | ||||||
|
Series D-1, 4.00%, 03/01/41 (Call 03/01/30) |
2,000 | 1,946,378 | ||||||
|
Series D-1, 4.00%, 03/01/50 (Call 03/01/30) |
7,000 | 6,594,220 | ||||||
|
Series D-1, 4.25%, 05/01/40 (Call 05/01/32) |
2,500 | 2,488,768 | ||||||
|
Series D-1, 4.50%, 05/01/49 (Call 05/01/32) |
3,625 | 3,572,253 | ||||||
|
Series D-1, 5.00%, 03/01/37 (Call 03/01/30) |
2,500 | 2,695,245 | ||||||
|
Series D-1, 5.00%, 03/01/40 (Call 03/01/30) |
3,000 | 3,186,224 | ||||||
|
Series D-1, 5.25%, 05/01/40 (Call 05/01/32) |
3,500 | 3,858,259 | ||||||
|
Series D-1, 5.25%, 05/01/41 (Call 05/01/32) |
9,300 | 10,208,406 | ||||||
|
Series D-1, 5.25%, 05/01/42 (Call 05/01/32) |
8,000 | 8,737,406 | ||||||
|
Series D-1, 5.25%, 05/01/43 (Call 05/01/32) |
8,500 | 9,273,424 | ||||||
|
Series D-1, 5.50%, 05/01/46 (Call 05/01/32) |
5,300 | 5,850,813 | ||||||
|
Series E, 5.00%, 08/01/24 |
4,600 | 4,672,190 | ||||||
|
Series E, 5.00%, 08/01/25 |
10,215 | 10,558,627 | ||||||
|
Series E, 5.00%, 08/01/28 (Call 08/01/26) |
1,900 | 1,979,923 | ||||||
|
Series E, 5.00%, 08/01/32 (Call 02/01/29) |
1,000 | 1,087,627 | ||||||
|
Series E, 5.00%, 08/01/34 (Call 02/01/29) |
1,000 | 1,083,022 | ||||||
|
Series E-1, 4.00%, 03/01/41 (Call 03/01/28) |
2,600 | 2,530,291 | ||||||
|
Series E-1, 5.00%, 03/01/37 (Call 03/01/28) |
2,500 | 2,635,618 | ||||||
| 50 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par |
Value | ||||||
| New York (continued) | ||||||||
|
Series E-1, 5.00%, 03/01/38 (Call 03/01/28) |
$ | 2,500 | $ | 2,620,097 | ||||
|
Series E-1, 5.00%, 03/01/39 (Call 03/01/28) |
2,000 | 2,091,464 | ||||||
|
Series E-1, 5.00%, 03/01/44 (Call 03/01/28) |
16,965 | 17,611,356 | ||||||
|
Series F-1, 3.00%, 03/01/41 (Call 03/01/31) |
1,000 | 811,354 | ||||||
|
Series F-1, 3.50%, 04/01/46 (Call 04/01/28) |
4,000 | 3,452,614 | ||||||
|
Series F-1, 5.00%, 04/01/34 (Call 04/01/28) |
1,000 | 1,071,374 | ||||||
|
Series F-1, 5.00%, 06/01/36 (Call 06/01/25) |
1,100 | 1,122,929 | ||||||
|
Series F-1, 5.00%, 04/01/37 (Call 04/01/28) |
7,890 | 8,321,213 | ||||||
|
Series F-1, 5.00%, 04/01/45 (Call 04/01/28) |
6,500 | 6,745,413 | ||||||
|
Series F-3, 5.00%, 12/01/24 |
5,975 | 6,104,142 | ||||||
|
Series F-3, 5.00%, 12/01/25 |
2,280 | 2,369,259 | ||||||
|
Series I-A, 4.00%, 04/01/36 (Call 10/01/30) |
4,950 | 5,014,074 | ||||||
|
Series J, 5.00%, 08/01/24 |
2,795 | 2,838,863 | ||||||
|
Series J, 5.00%, 08/01/25 (Call 08/01/24) |
2,170 | 2,205,201 | ||||||
|
Series J, 5.00%, 08/01/26 |
1,000 | 1,052,533 | ||||||
|
Series J, 5.00%, 08/01/28 (Call 08/01/24) |
2,000 | 2,027,266 | ||||||
|
Series J, 5.00%, 08/01/32 (Call 08/01/24) |
10,000 | 10,135,437 | ||||||
|
Series J-10, 5.00%, 08/01/26 |
4,470 | 4,704,821 | ||||||
|
Series J-5, 5.00%, 08/01/27 |
2,500 | 2,679,787 | ||||||
|
Series L-5, 5.00%, 04/01/34 (Call 04/01/31) |
2,000 | 2,233,982 | ||||||
|
VRDN, VRDN, 3.90%, 04/01/36 (Call 08/31/23)(b) |
20,000 | 20,000,000 | ||||||
|
VRDN, VRDN, 4.00%, 03/01/40 (Call 08/31/23)(b) |
2,000 | 2,000,000 | ||||||
|
City of New York NY GOL |
||||||||
|
Series F-1, 5.00%, 03/01/26 |
1,825 | 1,904,953 | ||||||
|
Series F-1, 5.00%, 03/01/39 (Call 03/01/31) |
4,000 | 4,296,805 | ||||||
|
Series F-1, 5.00%, 03/01/50 (Call 03/01/31) |
18,575 | 19,446,446 | ||||||
|
County of Nassau NY GOL |
||||||||
|
4.00%, 04/01/53 (Call 04/01/33) |
11,000 | 10,181,366 | ||||||
|
Series C, 5.00%, 10/01/27 |
2,600 | 2,810,550 | ||||||
|
Dutchess County Local Development Corp. RB, 5.00%, 07/01/42 (Call 07/01/27) |
750 | 772,504 | ||||||
|
Hudson Yards Infrastructure Corp. RB |
||||||||
|
4.00%, 02/15/41 (Call 02/15/32) |
7,905 | 7,531,948 | ||||||
|
5.00%, 02/15/34 (Call 02/15/32) |
5,000 | 5,749,363 | ||||||
|
5.00%, 02/15/42 (Call 02/15/27) (BAM-TCRS) |
11,000 | 11,397,027 | ||||||
|
Series A, 4.00%, 02/15/44 (Call 02/15/27) |
17,640 | 16,428,113 | ||||||
|
Series A, 4.00%, 02/15/47 (Call 02/15/27) (AGM) |
23,030 | 21,342,002 | ||||||
|
Series A, 5.00%, 02/15/26 |
800 | 835,476 | ||||||
|
Series A, 5.00%, 02/15/27 |
1,000 | 1,065,907 | ||||||
|
Series A, 5.00%, 02/15/28 (Call 02/15/27) |
1,010 | 1,075,265 | ||||||
|
Series A, 5.00%, 02/15/31 (Call 02/15/27) |
1,150 | 1,219,653 | ||||||
|
Series A, 5.00%, 02/15/33 (Call 02/15/27) |
5,000 | 5,295,428 | ||||||
|
Series A, 5.00%, 02/15/35 (Call 02/15/27) |
1,600 | 1,686,822 | ||||||
|
Series A, 5.00%, 02/15/37 (Call 02/15/27) |
2,350 | 2,454,667 | ||||||
|
Series A, 5.00%, 02/15/38 (Call 02/15/27) |
3,000 | 3,123,496 | ||||||
|
Series A, 5.00%, 02/15/42 (Call 02/15/27) |
7,360 | 7,613,643 | ||||||
|
Long Island Power Authority RB |
||||||||
|
1.00%, 09/01/25 (Call 10/02/23) |
7,000 | 6,521,270 | ||||||
|
5.00%, 09/01/29 |
4,180 | 4,656,208 | ||||||
|
5.00%, 09/01/33 |
3,000 | 3,495,177 | ||||||
|
5.00%, 09/01/33 (Call 09/01/28) |
1,000 | 1,088,218 | ||||||
|
5.00%, 09/01/38 (Call 09/01/28) |
15,750 | 16,634,471 | ||||||
|
5.00%, 09/01/42 (Call 09/01/27) |
2,755 | 2,865,948 | ||||||
|
5.00%, 09/01/46 (Call 09/01/26) |
6,640 | 6,815,427 | ||||||
|
5.00%, 09/01/47 (Call 09/01/27) |
4,000 | 4,124,207 | ||||||
|
5.00%, 09/01/53 (Call 09/01/33) |
1,175 | 1,249,030 | ||||||
|
Series A, 3.00%, 09/01/40 (Call 09/01/31) |
3,150 | 2,537,898 | ||||||
|
Series A, 4.00%, 09/01/32 (Call 09/01/31) |
8,000 | 8,534,127 | ||||||
|
Series A, 4.00%, 09/01/34 (Call 09/01/28) |
5,000 | 5,149,674 | ||||||
|
Series A, 4.00%, 09/01/39 (Call 09/01/24) (AGM) |
2,000 | 1,953,716 | ||||||
| Security |
Par |
Value | ||||||
| New York (continued) | ||||||||
|
Series A, 4.00%, 09/01/41 (Call 09/01/31) |
$ | 500 | $ | 484,487 | ||||
|
Series A, 5.00%, 09/01/30 |
9,000 | 10,183,029 | ||||||
|
Series A, 5.00%, 09/01/34 (Call 09/01/24) |
4,610 | 4,672,121 | ||||||
|
Series A, 5.00%, 09/01/44 (Call 09/01/24) |
20,040 | 20,230,338 | ||||||
|
Series B, 5.00%, 09/01/32 (Call 09/01/26) |
3,000 | 3,148,173 | ||||||
|
Series B, 5.00%, 09/01/41 (Call 09/01/26) |
500 | 515,910 | ||||||
|
Series B, 5.00%, 09/01/45 (Call 09/01/25) |
6,000 | 6,080,445 | ||||||
|
Series B, VRDN, 0.85%, 09/01/50 (Put 03/01/25)(b) |
2,500 | 2,343,632 | ||||||
|
Series B, VRDN, 1.50%, 09/01/51 (Put 03/01/26)(b) |
780 | 719,302 | ||||||
|
Metropolitan Transportation Authority RB |
||||||||
|
5.00%, 11/15/33 (Call 05/15/25) |
3,105 | 3,146,164 | ||||||
|
5.00%, 11/15/37 (Call 11/15/26) |
12,700 | 13,241,669 | ||||||
|
5.00%, 11/15/40 (Call 05/15/25) |
10,050 | 10,099,875 | ||||||
|
5.00%, 11/15/46 (Call 05/15/32) |
4,000 | 4,255,474 | ||||||
|
Series A, 0.00%, 11/15/30(a) |
9,645 | 7,375,089 | ||||||
|
Series A, 4.00%, 11/15/40 (Call 05/15/32) |
5,000 | 4,890,160 | ||||||
|
Series A, 5.00%, 11/15/38 (Call 09/21/23) |
3,050 | 3,049,982 | ||||||
|
Series A, 5.00%, 11/15/42 (Call 05/15/27) |
5,000 | 5,182,235 | ||||||
|
Series A, 5.00%, 11/15/43 (Call 10/02/23) |
6,690 | 6,644,689 | ||||||
|
Series A, 5.00%, 11/15/47 (Call 05/15/27) |
4,770 | 4,919,545 | ||||||
|
Series A, 5.25%, 11/15/29 (Call 11/15/26) |
4,940 | 5,232,622 | ||||||
|
Series A-1, 4.00%, 11/15/42 (Call 05/15/30) (AGM) |
2,500 | 2,396,247 | ||||||
|
Series A-1, 4.00%, 11/15/44 (Call 05/15/31) |
3,500 | 3,215,662 | ||||||
|
Series A-1, 4.00%, 11/15/46 (Call 05/15/30) |
9,650 | 8,756,245 | ||||||
|
Series A-1, 4.00%, 11/15/47 (Call 05/15/31) |
5,000 | 4,509,984 | ||||||
|
Series A-1, 4.00%, 11/15/52 (Call 05/15/30) |
1,035 | 913,240 | ||||||
|
Series A-1, 5.00%, 11/15/40 (Call 05/15/25) |
3,975 | 3,994,727 | ||||||
|
Series A-1, 5.00%, 11/15/44 (Call 11/15/23) |
15,385 | 15,264,391 | ||||||
|
Series A-1, 5.00%, 11/15/51 (Call 05/15/27) |
1,500 | 1,502,195 | ||||||
|
Series A-1, 5.25%, 11/15/56 (Call 05/15/26) |
4,525 | 4,555,108 | ||||||
|
Series A-1, 5.25%, 11/15/57 (Call 05/15/27) |
2,070 | 2,092,664 | ||||||
|
Series A-2, 4.00%, 11/15/42 (Call 05/15/31) |
10,000 | 9,270,333 | ||||||
|
Series A-2, 5.00%, 11/15/27 (Call 11/15/26) |
3,000 | 3,103,659 | ||||||
|
Series B, 4.00%, 11/15/36 (Call 11/15/26) |
3,065 | 2,990,372 | ||||||
|
Series B, 4.00%, 11/15/45 (Call 05/15/25) |
1,960 | 1,789,786 | ||||||
|
Series B, 5.00%, 11/15/23 |
7,165 | 7,183,594 | ||||||
|
Series B, 5.00%, 11/15/24 |
14,455 | 14,671,673 | ||||||
|
Series B, 5.00%, 11/15/25 |
2,000 | 2,053,268 | ||||||
|
Series B, 5.00%, 11/15/26 |
3,000 | 3,115,352 | ||||||
|
Series B, 5.00%, 11/15/27 (Call 11/15/26) |
2,380 | 2,462,236 | ||||||
|
Series B, 5.00%, 11/15/28 |
5,810 | 6,156,283 | ||||||
|
Series B, 5.00%, 11/15/37 (Call 11/15/26) |
2,180 | 2,219,095 | ||||||
|
Series B, 5.00%, 11/15/38 (Call 09/21/23) |
1,660 | 1,659,990 | ||||||
|
Series B, 5.00%, 11/15/52 (Call 05/15/29) |
4,090 | 4,158,573 | ||||||
|
Series B, 5.25%, 11/15/23 (AMBAC) |
210 | 210,487 | ||||||
|
Series B, 5.25%, 11/15/44 (Call 05/15/24) |
35,845 | 35,956,675 | ||||||
|
Series B-1, 5.00%, 11/15/35 (Call 11/15/27) |
1,000 | 1,065,281 | ||||||
|
Series B-1, 5.00%, 11/15/36 (Call 11/15/26) |
15,000 | 15,659,841 | ||||||
|
Series B-1, 5.00%, 11/15/46 (Call 11/15/26) |
1,895 | 1,947,181 | ||||||
|
Series B-1, 5.25%, 11/15/57 (Call 11/15/27) |
1,000 | 1,044,678 | ||||||
|
Series B-2, 5.00%, 11/15/33 (Call 11/15/27) |
6,940 | 7,446,485 | ||||||
|
Series B-2, 5.00%, 11/15/38 (Call 11/15/26) |
2,745 | 2,853,821 | ||||||
|
Series C, 4.00%, 11/15/45 (Call 11/15/29) (AGM) |
1,280 | 1,210,366 | ||||||
|
Series C, 4.00%, 11/15/46 (Call 11/15/29) (AGM) |
3,500 | 3,296,136 | ||||||
|
Series C, 4.00%, 11/15/47 (Call 11/15/29) (AGM) |
3,500 | 3,279,160 | ||||||
|
Series C, 5.00%, 11/15/40 (Call 11/15/29) |
4,500 | 4,664,289 | ||||||
|
Series C, 5.00%, 11/15/43 (Call 11/15/29) (BAM) |
1,000 | 1,039,788 | ||||||
|
Series C-1, 4.00%, 11/15/32 (Call 05/15/28) |
16,000 | 15,999,246 | ||||||
|
Series C-1, 4.00%, 11/15/35 (Call 05/15/28) |
2,500 | 2,482,239 | ||||||
|
Series C-1, 4.00%, 11/15/37 (Call 05/15/28) |
7,500 | 7,210,404 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
51 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par |
Value | ||||||
| New York (continued) | ||||||||
|
Series C-1, 4.00%, 11/15/38 (Call 05/15/28) |
$ | 6,495 | $ | 6,203,024 | ||||
|
Series C-1, 4.75%, 11/15/45 (Call 05/15/30) |
8,500 | 8,477,467 | ||||||
|
Series C-1, 5.00%, 11/15/23 |
2,000 | 2,005,194 | ||||||
|
Series C-1, 5.00%, 11/15/25 |
10,320 | 10,594,865 | ||||||
|
Series C-1, 5.00%, 11/15/26 |
12,250 | 12,721,021 | ||||||
|
Series C-1, 5.00%, 11/15/27 |
6,265 | 6,581,238 | ||||||
|
Series C-1, 5.00%, 11/15/27 (Call 11/15/25) |
5,000 | 5,123,813 | ||||||
|
Series C-1, 5.00%, 11/15/28 (Call 05/15/28) |
3,215 | 3,395,395 | ||||||
|
Series C-1, 5.00%, 11/15/29 (Call 05/15/28) |
4,995 | 5,276,218 | ||||||
|
Series C-1, 5.00%, 11/15/31 (Call 05/15/28) |
1,200 | 1,267,276 | ||||||
|
Series C-1, 5.00%, 11/15/34 (Call 05/15/28) |
4,000 | 4,195,340 | ||||||
|
Series C-1, 5.00%, 11/15/35 (Call 11/15/25) |
480 | 487,131 | ||||||
|
Series C-1, 5.00%, 11/15/50 (Call 05/15/30) |
28,880 | 29,188,866 | ||||||
|
Series C-1, 5.00%, 11/15/56 (Call 11/15/26) |
4,370 | 4,330,472 | ||||||
|
Series C-1, 5.25%, 11/15/55 (Call 05/15/30) |
12,310 | 12,651,225 | ||||||
|
Series C-2, 0.00%, 11/15/29(a) |
1,295 | 1,014,500 | ||||||
|
Series C-2, 0.00%, 11/15/33(a) |
1,040 | 681,597 | ||||||
|
Series D, 4.00%, 11/15/42 (Call 05/15/28) |
2,000 | 1,854,067 | ||||||
|
Series D, 4.00%, 11/15/46 (Call 05/15/28) |
7,000 | 6,351,680 | ||||||
|
Series D, 5.00%, 11/15/29 (Call 11/15/26) |
1,075 | 1,109,531 | ||||||
|
Series D, 5.00%, 11/15/30 (Call 11/15/26) |
1,500 | 1,546,819 | ||||||
|
Series D, 5.00%, 11/15/32 (Call 05/15/28) |
3,000 | 3,161,513 | ||||||
|
Series D, 5.00%, 11/15/33 (Call 05/15/28) |
1,500 | 1,578,914 | ||||||
|
Series D, 5.00%, 11/15/35 (Call 05/15/28) |
535 | 557,899 | ||||||
|
Series D, 5.00%, 11/15/38 (Call 11/15/23) |
2,250 | 2,249,669 | ||||||
|
Series D, 5.00%, 11/15/43 (Call 11/15/23) |
5,960 | 5,919,633 | ||||||
|
Series D1, 5.00%, 11/15/43 (Call 11/15/30) |
16,750 | 17,110,741 | ||||||
|
Series D1, 5.00%, 11/15/44 (Call 11/15/30) |
17,000 | 17,327,750 | ||||||
|
Series D1, 5.00%, 11/15/45 (Call 11/15/30) |
3,500 | 3,560,593 | ||||||
|
Series D-1, 5.00%, 11/15/29 (Call 11/15/25) |
7,000 | 7,157,036 | ||||||
|
Series D-1, 5.00%, 11/15/39 (Call 11/15/24) |
5,100 | 5,119,861 | ||||||
|
Series D-1, 5.25%, 11/15/44 (Call 11/15/24) |
3,030 | 3,046,852 | ||||||
|
Series D-1, VRDN, 5.00%, 11/15/34(b) |
4,000 | 4,050,239 | ||||||
|
Series D3, 4.00%, 11/15/50 (Call 11/15/30) |
9,000 | 8,008,512 | ||||||
|
Series E, 4.00%, 11/15/38 (Call 10/02/23) |
2,345 | 2,239,583 | ||||||
|
Series E, 4.00%, 11/15/45 (Call 11/15/30) |
10,905 | 9,957,967 | ||||||
|
Series E, 5.00%, 11/15/43 (Call 11/15/23) |
3,050 | 3,030,988 | ||||||
|
Series F, 5.00%, 11/15/26 (Call 11/15/25) |
1,150 | 1,178,965 | ||||||
|
MTA Hudson Rail Yards Trust Obligations RB |
||||||||
|
Series A, 5.00%, 11/15/51 (Call 09/21/23) |
4,000 | 4,006,545 | ||||||
|
Series A, 5.00%, 11/15/56 (Call 11/15/23) |
10,000 | 10,000,961 | ||||||
|
Nassau County Interim Finance Authority RB |
||||||||
|
Series A, 4.00%, 11/15/33 (Call 05/15/31) |
5,290 | 5,716,430 | ||||||
|
Series A, 4.00%, 11/15/34 (Call 05/15/31) |
2,190 | 2,358,219 | ||||||
|
Series A, 4.00%, 11/15/35 (Call 05/15/31) |
855 | 910,907 | ||||||
|
Series A, 5.00%, 11/15/30 |
2,500 | 2,871,012 | ||||||
|
Series A, 5.00%, 11/15/31 (Call 05/15/31) |
10,000 | 11,575,553 | ||||||
|
Series A, 5.00%, 11/15/32 (Call 05/15/31) |
5,000 | 5,774,002 | ||||||
|
Series A, 5.00%, 11/15/33 (Call 05/15/31) |
5,000 | 5,764,699 | ||||||
|
Series A, 5.00%, 11/15/34 (Call 05/15/31) |
5,020 | 5,759,637 | ||||||
|
Series A, 5.00%, 11/15/35 (Call 05/15/31) |
5,180 | 5,884,700 | ||||||
|
New York City Industrial Development Agency RB, 4.00%, 03/01/45 (Call 09/01/30) |
1,600 | 1,492,781 | ||||||
|
New York City Municipal Water Finance Authority RB |
||||||||
|
3.00%, 06/15/40 (Call 12/15/30) |
8,470 | 6,894,948 | ||||||
|
4.00%, 06/15/43 (Call 12/15/30) |
10,000 | 9,693,144 | ||||||
|
4.00%, 06/15/48 (Call 12/15/27) |
8,830 | 8,408,537 | ||||||
|
4.00%, 06/15/50 (Call 12/15/30) |
15,500 | 14,649,433 | ||||||
|
4.13%, 06/15/47 (Call 06/15/33) |
5,000 | 4,868,620 | ||||||
|
5.00%, 06/15/32 (Call 12/15/25) |
7,880 | 8,173,601 | ||||||
| Security |
Par |
Value | ||||||
| New York (continued) | ||||||||
|
5.00%, 06/15/33 (Call 06/15/27) |
$ | 3,945 | $ | 4,211,944 | ||||
|
5.00%, 06/15/37 (Call 06/15/28) |
2,720 | 2,898,156 | ||||||
|
5.00%, 06/15/51 (Call 06/15/31) |
5,530 | 5,807,313 | ||||||
|
VRDN, 4.00%, 06/15/44 (Call 08/31/23)(b) |
9,400 | 9,400,000 | ||||||
|
Series AA, 4.00%, 06/15/40 (Call 12/15/29) |
5,550 | 5,481,776 | ||||||
|
Series AA, 5.00%, 06/15/40 (Call 12/15/29) |
2,370 | 2,519,542 | ||||||
|
Series AA-1, 4.00%, 06/15/51 (Call 06/15/31) |
8,250 | 7,770,579 | ||||||
|
Series
AA2, VRDN, 4.00%, 06/15/50 |
57,645 | 57,645,000 | ||||||
|
Series
B, VRDN, 3.95%, 06/15/50 |
10,000 | 10,000,000 | ||||||
|
Series BB, 4.00%, 06/15/47 (Call 09/21/23) |
22,165 | 21,220,543 | ||||||
|
Series BB, 4.63%, 06/15/46 (Call 09/21/23) |
1,020 | 1,020,109 | ||||||
|
Series BB1, 3.00%, 06/15/50 (Call 12/15/30) |
8,780 | 6,371,981 | ||||||
|
Series BB-1, 3.00%, 06/15/44 (Call 12/15/31) |
10,695 | 8,246,474 | ||||||
|
Series BB-1, 4.00%, 06/15/45 (Call 12/15/31) |
5,450 | 5,220,896 | ||||||
|
Series BB-1, 4.00%, 06/15/49 (Call 12/15/29) |
12,000 | 11,382,034 | ||||||
|
Series BB-1, 5.00%, 06/15/49 (Call 12/15/29) |
31,975 | 33,485,333 | ||||||
|
Series BB2, 4.00%, 06/15/42 (Call 12/15/30) |
12,505 | 12,186,106 | ||||||
|
Series BB-2, 5.00%, 06/15/25 (Call 12/15/23) |
1,500 | 1,507,437 | ||||||
|
Series C, 5.00%, 06/15/26 (Call 12/15/24) |
2,750 | 2,806,513 | ||||||
|
Series CC, 5.00%, 06/15/46 (Call 06/15/26) |
14,800 | 15,214,817 | ||||||
|
Series CC-1, 4.00%, 06/15/49 (Call 12/15/29) |
7,930 | 7,521,627 | ||||||
|
Series CC-1, 4.00%, 06/15/51 (Call 06/15/31) |
1,750 | 1,648,305 | ||||||
|
Series CC-1, 5.00%, 06/15/48 (Call 06/15/27) |
28,230 | 29,019,692 | ||||||
|
Series CC-1, 5.00%, 06/15/49 (Call 12/15/29) |
1,500 | 1,570,852 | ||||||
|
Series CC-2, 4.00%, 06/15/42 (Call 12/15/29) |
11,000 | 10,719,486 | ||||||
|
Series CC-2, 5.00%, 06/15/25 |
1,365 | 1,407,924 | ||||||
|
Series DD, 5.00%, 06/15/26 |
11,760 | 12,384,142 | ||||||
|
Series DD, 5.00%, 06/15/36 (Call 06/15/24) |
5,765 | 5,815,533 | ||||||
|
Series DD, 5.00%, 06/15/47 (Call 12/15/26) |
19,590 | 20,239,307 | ||||||
|
Series DD, 5.25%, 06/15/47 (Call 12/15/26) |
7,735 | 8,074,515 | ||||||
|
Series DD1, 5.00%, 06/15/48 (Call 12/15/27) |
20,855 | 21,550,400 | ||||||
|
Series DD-1, 4.00%, 06/15/49 (Call 06/15/28) |
3,860 | 3,661,221 | ||||||
|
Series DD-2, 5.00%, 06/15/25 (Call 12/15/23) |
4,500 | 4,522,312 | ||||||
|
Series DD-2, 5.00%, 06/15/27 (Call 12/15/25) |
5,375 | 5,584,864 | ||||||
|
Series DD-2, 5.00%, 06/15/40 (Call 12/15/27) |
2,500 | 2,616,511 | ||||||
|
Series DD-3, 4.00%, 06/15/42 (Call 06/15/30) |
4,500 | 4,385,244 | ||||||
|
Series EE, 4.00%, 06/15/39 (Call 06/15/32) |
6,000 | 5,960,398 | ||||||
|
Series EE, 4.00%, 06/15/45 (Call 06/15/32) |
5,000 | 4,789,813 | ||||||
|
Series EE, 5.00%, 06/15/28 |
3,500 | 3,839,287 | ||||||
|
Series EE, 5.00%, 06/15/39 (Call 06/15/32) |
6,250 | 6,863,736 | ||||||
|
Series EE, 5.00%, 06/15/40 (Call 12/15/27) |
6,650 | 6,959,919 | ||||||
|
Series EE, 5.00%, 06/15/45 (Call 06/15/24) |
11,575 | 11,636,663 | ||||||
|
Series EE, 5.00%, 06/15/45 (Call 06/15/28) |
10,750 | 11,229,043 | ||||||
|
Series EE, 5.00%, 06/15/45 (Call 06/15/32) |
28,145 | 30,004,326 | ||||||
|
Series EE-2, 4.00%, 06/15/40 (Call 06/15/29) |
6,500 | 6,420,097 | ||||||
|
Series EE-2, 5.00%, 06/15/40 (Call 06/15/29) |
2,000 | 2,117,208 | ||||||
|
Series FF, 4.00%, 06/15/41 (Call 06/15/30) |
1,000 | 982,721 | ||||||
|
Series FF, 5.00%, 06/15/39 (Call 06/15/25) |
4,095 | 4,176,054 | ||||||
|
Series FF, 5.00%, 06/15/39 (Call 06/15/28) |
5,750 | 6,079,461 | ||||||
|
Series FF, 5.00%, 06/15/40 (Call 06/15/28) |
7,935 | 8,369,144 | ||||||
|
Series FF, 5.00%, 06/15/41 (Call 06/15/30) |
1,000 | 1,066,853 | ||||||
|
Series FF-1, 4.00%, 06/15/49 (Call 06/15/29) |
10,000 | 9,485,028 | ||||||
|
Series FF-2, 4.00%, 06/15/36 (Call 06/15/29) |
6,315 | 6,457,069 | ||||||
|
Series FF-2, 4.00%, 06/15/41 (Call 06/15/29) |
4,590 | 4,510,691 | ||||||
|
Series GG, 5.00%, 06/15/37 (Call 06/15/25) |
1,815 | 1,854,062 | ||||||
|
Series GG, 5.00%, 06/15/39 (Call 06/15/25) |
5,780 | 5,894,405 | ||||||
|
Series GG-1, 5.00%, 06/15/48 (Call 06/15/30) |
18,695 | 19,557,047 | ||||||
|
Series GG-1, 5.00%, 06/15/50 (Call 06/15/30) |
8,445 | 8,823,384 | ||||||
|
Series GG-2, 4.00%, 06/15/50 (Call 06/15/30) |
11,500 | 10,868,934 | ||||||
| 52 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par |
Value | ||||||
| New York (continued) | ||||||||
|
New York City Transitional Finance Authority Building Aid Revenue RB |
||||||||
|
3.00%, 07/15/38 (Call 07/15/31) (SAW) |
$ | 9,000 | $ | 7,781,413 | ||||
|
3.00%, 07/15/49 (Call 07/15/29) |
1,375 | 1,027,541 | ||||||
|
5.00%, 07/15/25 (SAW) |
375 | 386,549 | ||||||
|
5.00%, 07/15/25 (ETM) (SAW) |
2,085 | 2,149,868 | ||||||
|
5.00%, 07/15/31 (Call 07/15/27) (SAW) |
2,000 | 2,142,902 | ||||||
|
5.00%, 07/15/32 (SAW) |
1,900 | 2,198,602 | ||||||
|
5.00%, 07/15/32 (Call 01/15/26) (SAW) |
5,000 | 5,193,168 | ||||||
|
5.00%, 07/15/36 (Call 07/15/25) (SAW) |
1,500 | 1,536,367 | ||||||
|
Series S-1, 5.00%, 07/15/29 (Call 07/15/27) (SAW) |
3,000 | 3,217,769 | ||||||
|
Series S-1, 5.00%, 07/15/31 (Call 01/15/25) (SAW) |
11,050 | 11,294,056 | ||||||
|
Series S-1, 5.00%, 07/15/35 (Call 01/15/25) (SAW) |
1,500 | 1,528,712 | ||||||
|
Series S-1, 5.00%, 07/15/35 (Call 07/15/27) (SAW) |
8,425 | 8,962,544 | ||||||
|
Series S-1, 5.00%, 07/15/40 (Call 01/15/25) (SAW) |
1,730 | 1,750,922 | ||||||
|
Series S-1, 5.00%, 07/15/43 (Call 01/15/25) (SAW) |
2,170 | 2,191,942 | ||||||
|
Series S-1, 5.00%, 07/15/43 (Call 01/15/26) (SAW) |
9,900 | 10,110,538 | ||||||
|
Series S-1, 5.00%, 07/15/43 (Call 07/15/28) (SAW) |
10,710 | 11,146,968 | ||||||
|
Series S-1A, 4.00%, 07/15/34 (Call 07/15/31) (SAW) |
1,000 | 1,040,700 | ||||||
|
Series S-1A, 4.00%, 07/15/35 (Call 07/15/31) (SAW) |
16,170 | 16,569,234 | ||||||
|
Series S-1A, 5.00%, 07/15/31 (SAW) |
2,500 | 2,858,217 | ||||||
|
Series S-1A, 5.00%, 07/15/32 (Call 07/15/31) (SAW) |
1,500 | 1,708,722 | ||||||
|
Series S-1A, 5.00%, 07/15/33 (Call 07/15/31) (SAW) |
6,250 | 7,111,009 | ||||||
|
Series S-2, 5.00%, 07/15/33 (Call 07/15/25) (SAW) |
2,000 | 2,059,405 | ||||||
|
Series S-2, 5.00%, 07/15/35 (Call 07/15/25) (SAW) |
1,500 | 1,539,907 | ||||||
|
Series S-2, 5.00%, 07/15/40 (Call 07/15/25) (SAW) |
6,240 | 6,346,239 | ||||||
|
Series S-2A, 4.00%, 07/15/36 (Call 07/15/28) (SAW) |
2,000 | 2,015,034 | ||||||
|
Series S-2A, 5.00%, 07/15/34 (Call 07/15/28) (SAW) |
3,000 | 3,233,148 | ||||||
|
Series S-2A, 5.00%, 07/15/35 (Call 07/15/28) (SAW) |
3,000 | 3,217,726 | ||||||
|
Series S-3, 4.00%, 07/15/38 (Call 07/15/28) (SAW) |
2,500 | 2,452,058 | ||||||
|
Series S-3, 5.00%, 07/15/31 (Call 07/15/28) (SAW) |
8,240 | 8,900,830 | ||||||
|
Series S-3, 5.00%, 07/15/34 (Call 07/15/25) (SAW) |
7,500 | 7,715,926 | ||||||
|
Series S-3, 5.00%, 07/15/35 (Call 07/15/28) (SAW) |
5,000 | 5,362,877 | ||||||
|
Series S-3, 5.00%, 07/15/36 (Call 07/15/28) (SAW) |
5,000 | 5,334,525 | ||||||
|
Series S-3, 5.00%, 07/15/37 (Call 07/15/28) (SAW) |
1,000 | 1,059,613 | ||||||
|
Series S-3, 5.00%, 07/15/43 (Call 07/15/28) (SAW) |
6,250 | 6,502,203 | ||||||
|
Series S-4A, 5.00%, 07/15/25 (SAW) |
1,835 | 1,891,515 | ||||||
|
Series S-4A, 5.00%, 07/15/31 (Call 07/15/28) (SAW) |
2,500 | 2,700,495 | ||||||
|
Series S-4A, 5.00%, 07/15/32 (Call 07/15/28) (SAW) |
2,750 | 2,971,189 | ||||||
|
Series S-4A, 5.00%, 07/15/37 (Call 07/15/28) (SAW) |
5,200 | 5,509,986 | ||||||
|
New York City Transitional Finance Authority Future Tax Secured Revenue RB |
||||||||
|
3.00%, 11/01/37 (Call 11/01/30) |
2,000 | 1,702,052 | ||||||
|
3.00%, 11/01/39 (Call 11/01/30) |
2,000 | 1,653,915 | ||||||
|
4.00%, 05/01/36 (Call 11/01/30) |
10,000 | 10,121,040 | ||||||
|
4.00%, 05/01/37 (Call 11/01/30) |
4,750 | 4,775,971 | ||||||
|
4.00%, 05/01/38 (Call 11/01/30) |
9,000 | 8,974,093 | ||||||
|
4.00%, 08/01/38 (Call 08/01/32) |
1,500 | 1,495,298 | ||||||
|
4.00%, 11/01/38 (Call 11/01/30) |
11,875 | 11,837,423 | ||||||
|
4.00%, 02/01/39 (Call 02/01/31) |
3,000 | 2,973,857 | ||||||
|
4.00%, 05/01/39 (Call 11/01/30) |
3,285 | 3,252,723 | ||||||
|
4.00%, 05/01/40 (Call 11/01/30) |
6,000 | 5,924,089 | ||||||
|
4.00%, 05/01/41 (Call 11/01/30) |
2,000 | 1,965,528 | ||||||
|
4.00%, 02/01/42 (Call 02/01/31) |
5,000 | 4,879,867 | ||||||
|
4.00%, 02/01/42 (Call 02/01/32) |
4,230 | 4,128,367 | ||||||
|
4.00%, 05/01/42 (Call 11/01/30) |
7,770 | 7,583,585 | ||||||
|
4.00%, 05/01/43 (Call 11/01/30) |
5,000 | 4,855,794 | ||||||
|
4.00%, 02/01/47 (Call 02/01/32) |
26,305 | 25,023,260 | ||||||
|
4.00%, 11/01/47 (Call 11/01/30) |
8,725 | 8,282,063 | ||||||
|
4.00%, 08/01/48 (Call 08/01/32) |
14,595 | 13,805,301 | ||||||
| Security |
Par |
Value | ||||||
| New York (continued) | ||||||||
|
4.00%, 02/01/51 (Call 02/01/33) |
$ | 1,595 | $ | 1,496,978 | ||||
|
4.00%, 05/01/53 (Call 05/01/33) |
3,000 | 2,799,258 | ||||||
|
5.00%, 11/01/23 (ETM) |
240 | 240,604 | ||||||
|
5.00%, 11/01/24 |
14,530 | 14,819,062 | ||||||
|
5.00%, 11/01/26 |
5,570 | 5,900,350 | ||||||
|
5.00%, 08/01/27 |
2,960 | 3,180,776 | ||||||
|
5.00%, 08/01/27 (Call 08/01/24) |
1,070 | 1,083,153 | ||||||
|
5.00%, 11/01/27 |
13,470 | 14,546,550 | ||||||
|
5.00%, 11/01/28 |
34,530 | 37,822,073 | ||||||
|
5.00%, 11/01/28 (Call 11/01/27) |
6,000 | 6,409,653 | ||||||
|
5.00%, 11/01/29 |
17,150 | 18,972,140 | ||||||
|
5.00%, 11/01/30 |
4,000 | 4,474,595 | ||||||
|
5.00%, 02/01/31 (Call 02/01/24) |
12,255 | 12,319,648 | ||||||
|
5.00%, 05/01/31 (Call 11/01/30) |
3,500 | 3,919,504 | ||||||
|
5.00%, 05/01/32 (Call 05/01/26) |
3,380 | 3,520,323 | ||||||
|
5.00%, 11/01/32 (Call 11/01/30) |
3,000 | 3,354,408 | ||||||
|
5.00%, 11/01/32 (Call 05/01/32) |
5,000 | 5,698,693 | ||||||
|
5.00%, 11/01/33 (Call 11/01/30) |
2,980 | 3,325,314 | ||||||
|
5.00%, 11/01/33 (Call 05/01/31) |
2,500 | 2,807,604 | ||||||
|
5.00%, 11/01/33 (Call 11/01/31) |
3,000 | 3,390,282 | ||||||
|
5.00%, 02/01/34 (Call 02/01/24) |
10,000 | 10,046,701 | ||||||
|
5.00%, 05/01/34 (Call 05/01/26) |
3,000 | 3,119,123 | ||||||
|
5.00%, 05/01/34 (Call 05/01/33) |
6,000 | 6,880,924 | ||||||
|
5.00%, 11/01/34 (Call 05/01/29) |
4,000 | 4,337,914 | ||||||
|
5.00%, 11/01/36 (Call 11/01/30) |
16,345 | 17,785,346 | ||||||
|
5.00%, 05/01/37 (Call 11/01/30) |
11,385 | 12,329,116 | ||||||
|
5.00%, 05/01/38 (Call 05/01/33) |
1,000 | 1,096,605 | ||||||
|
5.00%, 05/01/39 (Call 05/01/27) |
11,400 | 11,814,954 | ||||||
|
5.00%, 05/01/39 (Call 05/01/33) |
2,000 | 2,185,606 | ||||||
|
5.00%, 08/01/39 (Call 08/01/32) |
8,000 | 8,694,100 | ||||||
|
5.00%, 05/01/40 (Call 05/01/26) |
3,200 | 3,285,281 | ||||||
|
5.00%, 05/01/40 (Call 05/01/33) |
2,000 | 2,177,580 | ||||||
|
5.00%, 02/01/41 (Call 02/01/24) |
5,000 | 5,015,703 | ||||||
|
5.00%, 08/01/43 (Call 08/01/32) |
5,000 | 5,365,366 | ||||||
|
5.00%, 05/01/44 (Call 05/01/33) |
2,000 | 2,150,024 | ||||||
|
5.00%, 02/01/45 (Call 02/01/33) |
20,000 | 21,367,264 | ||||||
|
5.00%, 02/01/51 (Call 02/01/32) |
10,000 | 10,521,097 | ||||||
|
5.25%, 11/01/37 (Call 11/01/32) |
5,375 | 6,047,907 | ||||||
|
5.25%, 11/01/38 (Call 11/01/32) |
1,000 | 1,118,983 | ||||||
|
5.50%, 11/01/45 (Call 11/01/32) |
7,650 | 8,512,401 | ||||||
|
VRDN, 3.92%, 02/01/45 (Call 08/31/23)(b) |
17,010 | 17,010,000 | ||||||
|
VRDN, 4.00%, 02/01/45 (Call 08/31/23)(b) |
39,735 | 39,735,000 | ||||||
|
Series A, 5.00%, 08/01/37 (Call 08/01/28) |
1,560 | 1,654,081 | ||||||
|
Series A-1, 4.00%, 11/01/36 (Call 11/01/31) |
5,005 | 5,051,040 | ||||||
|
Series A-1, 4.00%, 08/01/41 (Call 08/01/28) |
2,000 | 1,966,426 | ||||||
|
Series A-1, 5.00%, 05/01/24 |
2,500 | 2,528,042 | ||||||
|
Series A-1, 5.00%, 08/01/24 |
3,640 | 3,696,471 | ||||||
|
Series A-1, 5.00%, 11/01/26 |
2,240 | 2,372,851 | ||||||
|
Series A-1, 5.00%, 08/01/29 (Call 08/01/24) |
3,040 | 3,076,285 | ||||||
|
Series A-1, 5.00%, 08/01/29 (Call 08/01/25) |
5,000 | 5,142,956 | ||||||
|
Series A-1, 5.00%, 08/01/31 (Call 08/01/25) |
1,300 | 1,336,684 | ||||||
|
Series A-1, 5.00%, 08/01/34 (Call 08/01/24) |
1,000 | 1,010,510 | ||||||
|
Series A-1, 5.00%, 08/01/34 (Call 08/01/28) |
2,000 | 2,156,584 | ||||||
|
Series A-1, 5.00%, 11/01/34 (Call 11/01/31) |
5,330 | 5,990,415 | ||||||
|
Series A-1, 5.00%, 08/01/35 (Call 08/01/25) |
1,670 | 1,713,086 | ||||||
|
Series A-1, 5.00%, 11/01/35 (Call 11/01/23) |
30,275 | 30,344,063 | ||||||
|
Series A-1, 5.00%, 08/01/37 (Call 08/01/25) |
2,500 | 2,558,010 | ||||||
|
Series A-1, 5.00%, 08/01/38 (Call 08/01/24) |
750 | 755,751 | ||||||
|
Series A-1, 5.00%, 11/01/38 (Call 11/01/23) |
3,725 | 3,732,616 | ||||||
|
Series A-1, 5.00%, 08/01/42 (Call 08/01/28) |
3,040 | 3,185,133 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
53 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par |
Value | ||||||
| New York (continued) | ||||||||
|
Series A2, 5.00%, 05/01/36 (Call 05/01/29) |
$ | 5,000 | $ | 5,357,416 | ||||
|
Series A2, 5.00%, 05/01/37 (Call 05/01/29) |
2,500 | 2,658,995 | ||||||
|
Series A2, 5.00%, 05/01/38 (Call 05/01/29) |
3,780 | 3,993,925 | ||||||
|
Series A-2, 5.00%, 08/01/33 (Call 08/01/27) |
3,570 | 3,786,796 | ||||||
|
Series A-2, 5.00%, 08/01/35 (Call 08/01/27) |
2,165 | 2,274,914 | ||||||
|
Series A-3, 4.00%, 05/01/41 (Call 05/01/29) |
22,880 | 22,485,636 | ||||||
|
Series A-3, 4.00%, 05/01/42 (Call 05/01/29) |
10,795 | 10,531,494 | ||||||
|
Series A-3, 4.00%, 08/01/42 (Call 08/01/27) |
4,750 | 4,635,871 | ||||||
|
Series A-3, 4.00%, 05/01/43 (Call 05/01/29) |
2,955 | 2,869,774 | ||||||
|
Series A-3, 4.00%, 05/01/44 (Call 05/01/29) |
11,000 | 10,623,251 | ||||||
|
Series A-3, 5.00%, 08/01/40 (Call 08/01/27) |
5,000 | 5,188,546 | ||||||
|
Series A-3, 5.00%, 08/01/41 (Call 08/01/27) |
5,000 | 5,181,101 | ||||||
|
Series A4, VRDN, 3.95%, 08/01/39 (Call 08/31/23)(b) |
20,000 | 20,000,000 | ||||||
|
Series A-4, 3.90%, 11/01/29 (Call 08/31/23)(b) |
17,500 | 17,500,000 | ||||||
|
Series A-6, 5.00%, 08/01/27 |
5,750 | 6,178,873 | ||||||
|
Series A-6, 5.00%, 08/01/29 |
5,560 | 6,127,890 | ||||||
|
Series B-1, 4.00%, 08/01/35 (Call 08/01/27) |
1,605 | 1,625,713 | ||||||
|
Series B-1, 4.00%, 08/01/37 (Call 08/01/26) |
1,080 | 1,081,593 | ||||||
|
Series B-1, 4.00%, 08/01/39 (Call 08/01/31) |
6,500 | 6,436,438 | ||||||
|
Series B-1, 4.00%, 11/01/41 (Call 11/01/29) |
1,000 | 982,374 | ||||||
|
Series B-1, 4.00%, 08/01/42 (Call 08/01/31) |
7,710 | 7,515,702 | ||||||
|
Series B-1, 4.00%, 11/01/42 (Call 11/01/29) |
5,750 | 5,603,700 | ||||||
|
Series B-1, 4.00%, 05/01/45 (Call 11/01/30) |
5,250 | 5,040,182 | ||||||
|
Series B-1, 4.00%, 08/01/45 (Call 08/01/31) |
18,165 | 17,438,705 | ||||||
|
Series B-1, 4.00%, 11/01/45 (Call 11/01/29) |
31,680 | 30,372,284 | ||||||
|
Series B-1, 4.00%, 11/01/47 (Call 11/01/29) |
4,000 | 3,796,934 | ||||||
|
Series B-1, 5.00%, 11/01/26 |
1,245 | 1,318,839 | ||||||
|
Series B-1, 5.00%, 08/01/28 (Call 08/01/24) |
3,415 | 3,456,371 | ||||||
|
Series B-1, 5.00%, 08/01/30 (Call 08/01/27) |
1,000 | 1,063,325 | ||||||
|
Series B-1, 5.00%, 08/01/31 (Call 08/01/26) |
3,500 | 3,665,985 | ||||||
|
Series B-1, 5.00%, 08/01/32 (Call 08/01/26) |
1,750 | 1,831,013 | ||||||
|
Series B-1, 5.00%, 08/01/33 (Call 08/01/27) |
1,000 | 1,060,727 | ||||||
|
Series B-1, 5.00%, 08/01/34 (Call 08/01/24) |
4,795 | 4,845,396 | ||||||
|
Series B-1, 5.00%, 08/01/34 (Call 08/01/28) |
1,000 | 1,078,292 | ||||||
|
Series B-1, 5.00%, 11/01/34 (Call 11/01/29) |
1,000 | 1,091,215 | ||||||
|
Series B-1, 5.00%, 08/01/35 (Call 08/01/24) |
7,000 | 7,064,235 | ||||||
|
Series B-1, 5.00%, 08/01/35 (Call 08/01/28) |
3,000 | 3,217,325 | ||||||
|
Series B-1, 5.00%, 11/01/35 (Call 11/01/25) |
2,475 | 2,548,481 | ||||||
|
Series B-1, 5.00%, 11/01/35 (Call 11/01/29) |
8,500 | 9,195,369 | ||||||
|
Series B-1, 5.00%, 08/01/36 (Call 08/01/26) |
4,000 | 4,148,072 | ||||||
|
Series B-1, 5.00%, 11/01/36 (Call 05/01/24) |
210 | 211,226 | ||||||
|
Series B-1, 5.00%, 08/01/38 (Call 08/01/26) |
9,000 | 9,295,516 | ||||||
|
Series B-1, 5.00%, 08/01/39 (Call 08/01/24) |
3,300 | 3,324,720 | ||||||
|
Series B-1, 5.00%, 08/01/40 (Call 08/01/26) |
3,930 | 4,048,128 | ||||||
|
Series B-1, 5.00%, 11/01/40 (Call 05/01/24) |
40,140 | 40,351,020 | ||||||
|
Series B-1, 5.00%, 08/01/45 (Call 08/01/27) |
3,500 | 3,609,225 | ||||||
|
Series B-1, 5.25%, 08/01/37 (Call 08/01/28) |
3,000 | 3,219,907 | ||||||
|
Series
B-4, VRDN, 4.00%, 08/01/42 |
20,000 | 20,000,000 | ||||||
|
Series C, 5.00%, 11/01/25 |
2,075 | 2,153,224 | ||||||
|
Series C, 5.00%, 11/01/26 |
4,255 | 4,507,359 | ||||||
|
Series C, 5.00%, 11/01/26 (Call 05/01/24) |
1,050 | 1,059,185 | ||||||
|
Series C, 5.00%, 11/01/27 (Call 05/01/25) |
4,005 | 4,104,985 | ||||||
|
Series C, 5.00%, 11/01/28 (Call 11/01/25) |
1,000 | 1,033,263 | ||||||
|
Series C, 5.00%, 11/01/29 (Call 05/01/27) |
7,235 | 7,659,953 | ||||||
|
Series C-1, 4.00%, 11/01/37 (Call 05/01/29) |
3,300 | 3,304,565 | ||||||
|
Series C-1, 4.00%, 11/01/38 (Call 05/01/29) |
1,000 | 996,836 | ||||||
|
Series C-1, 4.00%, 11/01/39 (Call 05/01/29) |
10,135 | 10,037,625 | ||||||
|
Series C-1, 4.00%, 11/01/40 (Call 05/01/29) |
6,780 | 6,690,278 | ||||||
|
Series C-1, 4.00%, 11/01/42 (Call 05/01/29) |
6,540 | 6,373,600 | ||||||
| Security |
Par |
Value | ||||||
| New York (continued) | ||||||||
|
Series C-3, 4.00%, 05/01/42 (Call 05/01/28) |
$ | 5,780 | $ | 5,638,910 | ||||
|
Series C-3, 4.00%, 05/01/43 (Call 05/01/28) |
5,000 | 4,855,794 | ||||||
|
Series C-3, 4.00%, 05/01/44 (Call 05/01/28) |
13,005 | 12,559,580 | ||||||
|
Series C-3, 5.00%, 05/01/39 (Call 05/01/28) |
7,015 | 7,373,824 | ||||||
|
Series C-3, 5.00%, 05/01/40 (Call 05/01/28) |
6,260 | 6,564,500 | ||||||
|
Series C-3, 5.00%, 05/01/41 (Call 05/01/28) |
2,000 | 2,093,755 | ||||||
|
Series C-4, VRDN, 4.00%, 11/01/36(b) |
10,000 | 10,000,000 | ||||||
|
Series D-1, 5.00%, 02/01/29 (Call 02/01/24) |
3,500 | 3,518,604 | ||||||
|
Series D-S, 3.00%, 11/01/50 (Call 11/01/30) |
3,675 | 2,688,855 | ||||||
|
Series D-S, 4.00%, 11/01/39 (Call 11/01/30) |
4,000 | 3,961,569 | ||||||
|
Series D-S, 4.00%, 11/01/43 (Call 11/01/30) |
13,000 | 12,625,077 | ||||||
|
Series E-1, 3.00%, 02/01/51 (Call 02/01/31) |
2,000 | 1,457,875 | ||||||
|
Series E-1, 4.00%, 02/01/40 (Call 02/01/31) |
2,500 | 2,467,826 | ||||||
|
Series E-1, 4.00%, 02/01/43 (Call 02/01/31) |
4,000 | 3,888,932 | ||||||
|
Series E-1, 4.00%, 02/01/44 (Call 02/01/27) |
2,195 | 2,120,235 | ||||||
|
Series E-1, 4.00%, 02/01/46 (Call 02/01/31) |
30,580 | 29,220,217 | ||||||
|
Series E-1, 4.00%, 02/01/49 (Call 02/01/31) |
1,000 | 943,980 | ||||||
|
Series E-1, 5.00%, 02/01/30 (Call 02/01/26) |
1,440 | 1,494,500 | ||||||
|
Series E-1, 5.00%, 02/01/31 (Call 02/01/25) |
2,250 | 2,296,112 | ||||||
|
Series E-1, 5.00%, 02/01/31 (Call 02/01/26) |
1,000 | 1,037,847 | ||||||
|
Series E-1, 5.00%, 02/01/33 (Call 02/01/25) |
1,710 | 1,744,102 | ||||||
|
Series E-1, 5.00%, 02/01/33 (Call 02/01/27) |
1,000 | 1,051,518 | ||||||
|
Series E-1, 5.00%, 02/01/34 (Call 02/01/25) |
1,000 | 1,019,667 | ||||||
|
Series E-1, 5.00%, 02/01/34 (Call 02/01/26) |
5,430 | 5,621,510 | ||||||
|
Series E-1, 5.00%, 02/01/34 (Call 02/01/27) |
4,595 | 4,813,232 | ||||||
|
Series E-1, 5.00%, 02/01/35 (Call 02/01/25) |
2,630 | 2,679,187 | ||||||
|
Series E-1, 5.00%, 02/01/37 (Call 02/01/26) |
5,135 | 5,273,064 | ||||||
|
Series E-1, 5.00%, 02/01/37 (Call 02/01/27) |
2,685 | 2,782,030 | ||||||
|
Series E-1, 5.00%, 02/01/40 (Call 02/01/26) |
4,145 | 4,242,073 | ||||||
|
Series E-1, 5.00%, 02/01/41 (Call 02/01/25) |
15,650 | 15,871,804 | ||||||
|
Series E-1, 5.00%, 02/01/43 (Call 02/01/27) |
2,820 | 2,897,508 | ||||||
|
Series F-1, 4.00%, 05/01/37 (Call 05/01/27) |
6,935 | 6,954,774 | ||||||
|
Series F-1, 4.00%, 02/01/40 (Call 10/02/23) |
16,775 | 16,560,555 | ||||||
|
Series F-1, 4.00%, 05/01/44 (Call 05/01/27) |
1,000 | 965,750 | ||||||
|
Series F-1, 4.00%, 02/01/51 (Call 02/01/32) |
10,925 | 10,253,592 | ||||||
|
Series F-1, 5.00%, 05/01/31 (Call 05/01/27) |
5,000 | 5,290,674 | ||||||
|
Series F-1, 5.00%, 05/01/32 (Call 05/01/27) |
3,250 | 3,436,897 | ||||||
|
Series F-1, 5.00%, 05/01/36 (Call 05/01/27) |
3,210 | 3,348,943 | ||||||
|
Series F-1, 5.00%, 02/01/40 (Call 02/01/32) |
1,350 | 1,456,754 | ||||||
|
Series F-1, 5.00%, 02/01/43 (Call 02/01/32) |
6,000 | 6,417,709 | ||||||
|
VRDN,
4.00%, 08/01/39 |
10,275 | 10,275,000 | ||||||
|
New York City Transitional Finance Authority RB |
||||||||
|
5.00%, 05/01/35 (11/01/33) |
5,000 | 5,714,982 | ||||||
|
5.00%, 05/01/39 (11/01/33) |
1,500 | 1,645,117 | ||||||
|
5.00%, 05/01/40 (11/01/33) |
2,500 | 2,731,380 | ||||||
|
5.00%, 05/01/43 (11/01/33) |
3,000 | 3,244,204 | ||||||
|
5.50%, 05/01/44 (11/01/33) |
2,000 | 2,256,663 | ||||||
|
5.50%, 05/01/47 (11/01/33) |
2,500 | 2,788,820 | ||||||
|
New York City Water & Sewer System RB |
||||||||
|
4.00%, 06/15/46 (Call 06/15/25) |
5,000 | 4,799,177 | ||||||
|
5.00%, 06/15/48 (Call 06/15/31) |
9,040 | 9,515,178 | ||||||
|
Series AA, 4.00%, 06/15/46 (Call 12/15/26) |
3,275 | 3,143,461 | ||||||
|
Series AA, 5.00%, 06/15/44 (Call 06/15/24) |
2,000 | 2,011,112 | ||||||
|
Series
AA1, VRDN, 4.00%, 06/15/50 |
3,330 | 3,330,000 | ||||||
|
Series CC-1, 4.00%, 06/15/33 (Call 12/15/26) |
1,400 | 1,436,154 | ||||||
|
Series CC-1, 5.00%, 06/15/47 (Call 06/15/24) |
10,920 | 10,973,184 | ||||||
|
Series DD, 5.00%, 06/15/36 (Call 06/15/24) |
3,665 | 3,697,125 | ||||||
|
Series DD, 5.00%, 06/15/39 (Call 06/15/24) |
1,000 | 1,007,006 | ||||||
|
Series DD-1, 5.00%, 06/15/30 |
2,000 | 2,267,049 | ||||||
| 54 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par |
Value | ||||||
| New York (continued) | ||||||||
|
Series EE, 5.00%, 06/15/30 |
$ | 3,500 | $ | 3,967,335 | ||||
|
Series EE, 5.00%, 06/15/36 (Call 06/15/27) |
2,000 | 2,103,097 | ||||||
|
Series FF, 5.00%, 06/15/27 (Call 06/15/25) |
1,335 | 1,376,678 | ||||||
|
Series FF, 5.00%, 06/15/38 (Call 06/15/28) |
1,000 | 1,060,219 | ||||||
|
Series FF-1, 5.00%, 06/15/49 (Call 06/15/29) |
3,500 | 3,653,640 | ||||||
|
Series FF-2, 5.00%, 06/15/35 (Call 06/15/29) |
26,665 | 29,212,214 | ||||||
|
Series GG, 5.00%, 06/15/31 (Call 06/15/25) |
2,500 | 2,571,619 | ||||||
|
Series GG-2, 5.00%, 06/15/29 (Call 12/15/27) |
13,500 | 14,595,617 | ||||||
|
New York Convention Center Development Corp. RB |
||||||||
|
5.00%, 11/15/40 (Call 11/15/25) |
1,500 | 1,520,177 | ||||||
|
5.00%, 11/15/45 (Call 11/15/25) |
1,000 | 1,008,699 | ||||||
|
Series A, 0.00%, 11/15/47(a) |
2,500 | 724,173 | ||||||
|
Series A, 0.00%, 11/15/55(a) |
2,500 | 462,525 | ||||||
|
New York Power Authority RB |
||||||||
|
4.00%, 11/15/37 (Call 11/15/31) (AGM) |
500 | 501,876 | ||||||
|
4.00%, 11/15/41 (Call 11/15/31) (AGM) |
2,000 | 1,944,092 | ||||||
|
4.00%, 11/15/47 (Call 11/15/31) |
4,000 | 3,784,712 | ||||||
|
4.00%, 11/15/52 (Call 11/15/31) (AGM) |
12,825 | 11,985,082 | ||||||
|
4.00%, 11/15/61 (Call 11/15/31) |
5,000 | 4,553,839 | ||||||
|
5.00%, 11/15/28 (AGM) |
1,000 | 1,107,179 | ||||||
|
5.00%, 11/15/32 (Call 11/15/31) (AGM) |
1,000 | 1,162,983 | ||||||
|
Series A, 3.25%, 11/15/60 (Call 05/15/30) |
1,000 | 739,156 | ||||||
|
Series A, 4.00%, 11/15/45 (Call 05/15/30) |
10,555 | 10,190,468 | ||||||
|
Series A, 4.00%, 11/15/50 (Call 05/15/30) |
37,950 | 36,165,018 | ||||||
|
Series A, 4.00%, 11/15/55 (Call 05/15/30) |
9,090 | 8,540,580 | ||||||
|
Series A, 4.00%, 11/15/60 (Call 05/15/30) |
18,210 | 16,880,400 | ||||||
|
New York State Dormitory Authority RB |
||||||||
|
3.00%, 03/15/51 (Call 03/15/32) |
27,350 | 19,844,739 | ||||||
|
4.00%, 07/01/36 (Call 07/01/27) |
5,000 | 5,032,990 | ||||||
|
4.00%, 07/01/37 (Call 07/01/28) |
7,095 | 7,085,471 | ||||||
|
4.00%, 07/01/41 (Call 07/01/28) |
1,000 | 966,505 | ||||||
|
4.00%, 03/15/43 (Call 03/15/31) |
10,000 | 9,665,576 | ||||||
|
4.00%, 03/15/45 (Call 03/15/32) |
5,000 | 4,776,755 | ||||||
|
4.00%, 03/15/46 (Call 03/15/32) |
11,000 | 10,449,824 | ||||||
|
4.00%, 03/15/48 (Call 03/15/32) |
7,570 | 7,129,770 | ||||||
|
4.00%, 02/15/49 (Call 02/15/30) |
3,550 | 3,335,021 | ||||||
|
4.00%, 07/01/50 (Call 07/01/29) |
5,000 | 4,544,030 | ||||||
|
4.00%, 07/01/50 (Call 07/01/30) |
1,500 | 1,412,947 | ||||||
|
5.00%, 03/15/25 |
15,000 | 15,392,092 | ||||||
|
5.00%, 02/15/26 |
2,225 | 2,319,932 | ||||||
|
5.00%, 02/15/26 (ETM) |
3,775 | 3,934,567 | ||||||
|
5.00%, 03/15/30 |
29,170 | 32,632,721 | ||||||
|
5.00%, 02/15/31 (Call 02/15/27) |
5,000 | 5,282,738 | ||||||
|
5.00%, 03/15/31 |
10,000 | 11,303,011 | ||||||
|
5.00%, 03/15/33 (Call 09/15/25) |
4,840 | 4,985,365 | ||||||
|
5.00%, 09/15/33 (03/15/33) |
14,690 | 16,989,477 | ||||||
|
5.00%, 03/15/34 (03/15/33) |
10,000 | 11,527,799 | ||||||
|
5.00%, 03/15/35 (03/15/33) |
18,305 | 20,910,827 | ||||||
|
5.00%, 03/15/35 (Call 03/15/32) |
14,000 | 15,711,623 | ||||||
|
5.00%, 02/15/36 (Call 02/15/27) |
1,495 | 1,562,122 | ||||||
|
5.00%, 02/15/36 (PR 02/15/27) |
5 | 5,315 | ||||||
|
5.00%, 03/15/36 (03/15/33) |
9,000 | 10,161,055 | ||||||
|
5.00%, 03/15/39 (03/15/33) |
10,000 | 10,985,206 | ||||||
|
5.00%, 03/15/39 (Call 03/15/24) |
3,400 | 3,419,815 | ||||||
|
5.00%, 07/01/39 (07/01/27) |
5,200 | 5,449,968 | ||||||
|
5.00%, 03/15/41 (09/15/28) |
5,000 | 5,244,605 | ||||||
|
5.00%, 03/15/44 (Call 03/15/31) |
30,115 | 31,709,758 | ||||||
|
5.00%, 10/01/45 |
3,500 | 3,918,781 | ||||||
|
5.00%, 07/01/48 (07/01/25) |
8,990 | 9,141,034 | ||||||
|
5.00%, 07/01/48 (Call 07/01/28) |
1,250 | 1,321,227 | ||||||
| Security |
Par |
Value | ||||||
| New York (continued) | ||||||||
|
5.00%, 07/01/49 (Call 07/01/29) |
$ | 25,540 | $ | 26,803,658 | ||||
|
5.00%, 07/01/50 (Call 07/01/30) |
1,500 | 1,572,126 | ||||||
|
5.00%, 07/01/51 (Call 07/01/31) |
5,000 | 5,310,117 | ||||||
|
Series 1, 5.50%, 07/01/40 (AMBAC) |
530 | 615,060 | ||||||
|
Series 2015B-B, 5.00%, 03/15/28 (Call 09/15/25) |
2,000 | 2,064,032 | ||||||
|
Series 2015B-B, 5.00%, 03/15/31 (Call 09/15/25) |
1,800 | 1,854,774 | ||||||
|
Series 2015B-B, 5.00%, 03/15/32 (Call 09/15/25) |
3,130 | 3,225,246 | ||||||
|
Series 2015B-B, 5.00%, 03/15/34 (Call 09/15/25) |
4,635 | 4,769,623 | ||||||
|
Series A, 3.00%, 03/15/41 (Call 09/15/30) |
5,000 | 4,025,799 | ||||||
|
Series A, 3.00%, 03/15/42 (Call 09/15/30) |
4,900 | 3,885,891 | ||||||
|
Series A, 3.00%, 03/15/49 (Call 09/15/30) |
14,820 | 10,926,015 | ||||||
|
Series A, 4.00%, 03/15/32 (Call 03/15/25) |
10,000 | 10,119,890 | ||||||
|
Series A, 4.00%, 03/15/34 (Call 09/15/30) |
15,620 | 16,337,058 | ||||||
|
Series A, 4.00%, 03/15/35 (Call 09/15/30) |
5,000 | 5,166,707 | ||||||
|
Series A, 4.00%, 03/15/37 (Call 09/15/30) |
5,000 | 5,049,169 | ||||||
|
Series A, 4.00%, 03/15/39 (Call 03/15/31) |
13,210 | 13,088,743 | ||||||
|
Series A, 4.00%, 07/01/39 (Call 07/01/26) |
5,170 | 5,063,216 | ||||||
|
Series A, 4.00%, 07/01/39 (Call 07/01/31) |
4,750 | 4,651,891 | ||||||
|
Series A, 4.00%, 03/15/40 (Call 03/15/32) |
6,155 | 6,062,162 | ||||||
|
Series A, 4.00%, 07/01/40 (Call 07/01/31) |
17,530 | 16,890,719 | ||||||
|
Series A, 4.00%, 07/01/41 (Call 07/01/26) |
1,000 | 966,505 | ||||||
|
Series A, 4.00%, 03/15/42 (Call 03/15/31) |
13,515 | 13,098,526 | ||||||
|
Series A, 4.00%, 03/15/43 (Call 09/15/28) |
5,000 | 4,832,788 | ||||||
|
Series A, 4.00%, 03/15/43 (Call 09/15/30) |
5,000 | 4,826,348 | ||||||
|
Series A, 4.00%, 03/15/44 (Call 09/15/30) |
5,000 | 4,799,594 | ||||||
|
Series A, 4.00%, 07/01/46 (Call 07/01/31) |
3,000 | 2,866,250 | ||||||
|
Series A, 4.00%, 03/15/47 (Call 03/15/28) |
6,500 | 6,152,151 | ||||||
|
Series A, 4.00%, 07/01/47 (Call 07/01/32) |
940 | 825,477 | ||||||
|
Series A, 4.00%, 03/15/48 (Call 09/15/28) |
950 | 894,753 | ||||||
|
Series A, 5.00%, 02/15/24 |
3,240 | 3,264,532 | ||||||
|
Series A, 5.00%, 03/15/24 |
1,800 | 1,816,223 | ||||||
|
Series A, 5.00%, 02/15/25 |
1,640 | 1,680,364 | ||||||
|
Series A, 5.00%, 03/15/25 |
7,975 | 8,187,060 | ||||||
|
Series A, 5.00%, 03/15/25 (PR 03/15/24) |
10,565 | 10,665,761 | ||||||
|
Series A, 5.00%, 02/15/26 (Call 02/15/24) |
1,000 | 1,007,572 | ||||||
|
Series A, 5.00%, 03/15/26 (Call 03/15/25) |
4,025 | 4,114,499 | ||||||
|
Series A, 5.00%, 02/15/27 (PR 02/15/24) |
1,730 | 1,743,099 | ||||||
|
Series A, 5.00%, 03/15/27 |
1,265 | 1,349,169 | ||||||
|
Series A, 5.00%, 03/15/27 (PR 03/15/25) |
1,365 | 1,400,622 | ||||||
|
Series A, 5.00%, 03/15/27 (PR 09/15/26) |
2,555 | 2,705,449 | ||||||
|
Series A, 5.00%, 02/15/28 (Call 02/15/27) |
30,195 | 31,943,227 | ||||||
|
Series A, 5.00%, 03/15/28 |
4,245 | 4,587,983 | ||||||
|
Series A, 5.00%, 03/15/28 (ETM) |
5 | 5,430 | ||||||
|
Series A, 5.00%, 03/15/28 (Call 03/15/24) |
2,805 | 2,826,762 | ||||||
|
Series A, 5.00%, 03/15/28 (Call 03/15/25) |
3,500 | 3,577,825 | ||||||
|
Series A, 5.00%, 03/15/29 |
7,500 | 8,235,971 | ||||||
|
Series A, 5.00%, 03/15/29 (Call 03/15/24) |
4,780 | 4,816,585 | ||||||
|
Series A, 5.00%, 02/15/30 (Call 02/15/27) |
4,000 | 4,228,150 | ||||||
|
Series A, 5.00%, 03/15/30 |
10,000 | 11,187,082 | ||||||
|
Series A, 5.00%, 03/15/30 (Call 03/15/24) |
1,000 | 1,007,549 | ||||||
|
Series A, 5.00%, 03/15/30 (Call 03/15/25) |
2,700 | 2,760,036 | ||||||
|
Series A, 5.00%, 03/15/30 (Call 09/15/26) |
5,910 | 6,183,671 | ||||||
|
Series A, 5.00%, 10/01/30 (Call 10/01/27) (SAW) |
1,000 | 1,067,929 | ||||||
|
Series A, 5.00%, 03/15/31 (Call 03/15/24) |
6,490 | 6,538,316 | ||||||
|
Series A, 5.00%, 03/15/31 (Call 03/15/28) |
3,240 | 3,489,709 | ||||||
|
Series A, 5.00%, 03/15/31 (Call 03/15/29) |
1,200 | 1,316,946 | ||||||
|
Series A, 5.00%, 03/15/32 (Call 03/15/24) |
6,400 | 6,446,978 | ||||||
|
Series A, 5.00%, 03/15/32 (Call 03/15/28) |
2,500 | 2,690,123 | ||||||
|
Series A, 5.00%, 03/15/32 (Call 09/15/28) |
2,140 | 2,320,368 | ||||||
|
Series A, 5.00%, 03/15/32 (Call 03/15/29) |
13,920 | 15,259,246 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
55 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par |
Value | ||||||
| New York (continued) | ||||||||
|
Series A, 5.00%, 03/15/32 (Call 09/15/30) |
$ | 6,000 | $ | 6,693,672 | ||||
|
Series A, 5.00%, 03/15/33 (Call 03/15/24) |
5,000 | 5,036,179 | ||||||
|
Series A, 5.00%, 03/15/33 (Call 03/15/25) |
2,140 | 2,185,343 | ||||||
|
Series A, 5.00%, 03/15/33 (Call 09/15/26) |
6,715 | 7,067,481 | ||||||
|
Series A, 5.00%, 03/15/33 (Call 03/15/27) |
2,000 | 2,111,958 | ||||||
|
Series A, 5.00%, 03/15/33 (Call 09/15/30) |
12,500 | 13,917,992 | ||||||
|
Series A, 5.00%, 03/15/34 (Call 03/15/24) |
2,600 | 2,618,542 | ||||||
|
Series A, 5.00%, 03/15/34 (Call 03/15/27) |
2,000 | 2,110,782 | ||||||
|
Series A, 5.00%, 03/15/34 (Call 03/15/29) |
2,040 | 2,228,700 | ||||||
|
Series A, 5.00%, 07/01/34 (Call 07/01/27) |
3,000 | 3,200,969 | ||||||
|
Series A, 5.00%, 03/15/35 (Call 03/15/25) |
1,000 | 1,018,501 | ||||||
|
Series A, 5.00%, 03/15/35 (Call 03/15/27) |
5,000 | 5,260,316 | ||||||
|
Series A, 5.00%, 03/15/35 (Call 03/15/31) |
10,210 | 11,329,457 | ||||||
|
Series A, 5.00%, 03/15/36 (Call 09/15/26) |
10,500 | 10,879,003 | ||||||
|
Series A, 5.00%, 03/15/36 (Call 03/15/28) |
5,000 | 5,304,354 | ||||||
|
Series A, 5.00%, 03/15/36 (Call 03/15/29) |
7,000 | 7,547,900 | ||||||
|
Series A, 5.00%, 03/15/36 (Call 03/15/31) |
10,000 | 10,989,810 | ||||||
|
Series A, 5.00%, 03/15/37 (Call 03/15/29) |
1,500 | 1,606,461 | ||||||
|
Series A, 5.00%, 03/15/38 (Call 03/15/29) |
12,500 | 13,289,437 | ||||||
|
Series A, 5.00%, 03/15/39 (Call 03/15/29) |
4,250 | 4,504,258 | ||||||
|
Series A, 5.00%, 02/15/40 (Call 08/15/26) |
3,000 | 3,110,453 | ||||||
|
Series A, 5.00%, 02/15/41 (Call 08/15/26) |
2,320 | 2,402,793 | ||||||
|
Series A, 5.00%, 03/15/41 (Call 03/15/28) |
3,500 | 3,655,648 | ||||||
|
Series A, 5.00%, 03/15/41 (Call 03/15/32) |
21,000 | 22,475,907 | ||||||
|
Series A, 5.00%, 03/15/42 (Call 03/15/27) |
1,500 | 1,552,378 | ||||||
|
Series A, 5.00%, 03/15/42 (Call 03/15/28) |
4,210 | 4,386,285 | ||||||
|
Series A, 5.00%, 03/15/43 (Call 03/15/27) |
1,000 | 1,033,737 | ||||||
|
Series A, 5.00%, 03/15/43 (Call 03/15/29) |
2,525 | 2,645,844 | ||||||
|
Series A, 5.00%, 03/15/44 (Call 03/15/24) |
8,370 | 8,414,423 | ||||||
|
Series A, 5.00%, 03/15/44 (Call 03/15/27) |
10,000 | 10,324,931 | ||||||
|
Series A, 5.00%, 03/15/44 (Call 03/15/28) |
9,000 | 9,356,855 | ||||||
|
Series A, 5.00%, 03/15/45 (Call 03/15/28) |
4,000 | 4,154,783 | ||||||
|
Series A, 5.00%, 03/15/45 (Call 09/15/28) |
2,300 | 2,404,261 | ||||||
|
Series A, 5.00%, 03/15/45 (Call 03/15/29) |
9,695 | 10,114,968 | ||||||
|
Series A, 5.00%, 03/15/46 (Call 03/15/29) |
1,300 | 1,353,873 | ||||||
|
Series A, 5.00%, 03/15/47 (Call 03/15/29) |
4,780 | 4,972,286 | ||||||
|
Series A, 5.00%, 10/01/48 |
5,500 | 6,141,524 | ||||||
|
Series A, 5.00%, 03/15/49 (Call 03/15/31) |
5,645 | 5,897,935 | ||||||
|
Series A, 5.00%, 07/01/49 (Call 07/01/29) |
2,285 | 2,368,379 | ||||||
|
Series A, 5.00%, 10/01/50 |
2,190 | 2,448,229 | ||||||
|
Series A, 5.25%, 03/15/39 (Call 09/15/28) |
5,000 | 5,364,397 | ||||||
|
Series A, 5.75%, 07/01/27 (NPFGC) |
305 | 320,049 | ||||||
|
Series A-2, 5.00%, 10/01/46 |
2,000 | 2,237,103 | ||||||
|
Series A-2, 5.00%, 10/01/46 (Call 04/01/26) |
1,000 | 1,032,745 | ||||||
|
Series B, 4.00%, 02/15/44 (Call 08/15/27) |
1,425 | 1,368,581 | ||||||
|
Series B, 5.00%, 02/15/25 |
3,525 | 3,611,757 | ||||||
|
Series B, 5.00%, 03/15/27 (PR 09/15/25) |
5,815 | 6,030,561 | ||||||
|
Series B, 5.00%, 02/15/29 (Call 08/15/27) |
11,700 | 12,493,384 | ||||||
|
Series B, 5.00%, 02/15/31 (Call 02/15/25) |
8,930 | 9,114,671 | ||||||
|
Series B, 5.00%, 02/15/31 (Call 08/15/27) |
2,000 | 2,133,079 | ||||||
|
Series B, 5.00%, 02/15/31 (PR 02/15/25) |
5 | 5,120 | ||||||
|
Series B, 5.00%, 02/15/32 (Call 08/15/27) |
1,200 | 1,278,904 | ||||||
|
Series B, 5.00%, 02/15/33 (Call 02/15/25) |
5,000 | 5,099,859 | ||||||
|
Series B, 5.00%, 02/15/33 (Call 08/15/27) |
2,000 | 2,129,705 | ||||||
|
Series B, 5.00%, 02/15/34 (Call 02/15/25) |
6,115 | 6,231,937 | ||||||
|
Series B, 5.00%, 02/15/34 (Call 08/15/27) |
5,000 | 5,312,017 | ||||||
|
Series B, 5.00%, 02/15/34 (PR 02/15/25) |
5 | 5,120 | ||||||
|
Series B, 5.00%, 02/15/36 (Call 08/15/27) |
1,000 | 1,053,604 | ||||||
|
Series B, 5.00%, 02/15/37 (Call 02/15/25) |
2,850 | 2,890,845 | ||||||
|
Series B, 5.00%, 02/15/37 (Call 08/15/27) |
6,205 | 6,514,086 | ||||||
| Security |
Par |
Value | ||||||
| New York (continued) | ||||||||
|
Series B, 5.00%, 02/15/37 (PR 02/15/25) |
$ | 5 | $ | 5,120 | ||||
|
Series B, 5.00%, 02/15/38 (Call 02/15/25) |
1,000 | 1,013,630 | ||||||
|
Series B, 5.00%, 02/15/38 (Call 08/15/27) |
1,960 | 2,053,041 | ||||||
|
Series B, 5.00%, 10/01/38 (Call 04/01/28) |
10,700 | 11,472,907 | ||||||
|
Series B, 5.00%, 02/15/39 (Call 08/15/27) |
2,995 | 3,131,022 | ||||||
|
Series B, 5.00%, 02/15/39 (PR 08/15/27) |
5 | 5,369 | ||||||
|
Series B, 5.00%, 02/15/41 (Call 02/15/25) |
3,040 | 3,075,044 | ||||||
|
Series B, 5.00%, 02/15/42 (Call 02/15/25) |
170 | 171,865 | ||||||
|
Series B, 5.00%, 02/15/42 (Call 08/15/27) |
1,000 | 1,039,838 | ||||||
|
Series B, 5.00%, 07/01/45 (PR 07/01/25) |
8,325 | 8,586,159 | ||||||
|
Series B, 5.00%, 07/01/50 (Call 07/01/29) |
2,920 | 3,046,798 | ||||||
|
Series B, 5.50%, 03/15/26 (AMBAC) |
1,105 | 1,167,340 | ||||||
|
Series B, 5.50%, 03/15/27 (AMBAC) |
2,335 | 2,518,157 | ||||||
|
Series C, 4.00%, 07/01/49 (Call 07/01/29) |
11,000 | 10,317,987 | ||||||
|
Series C, 5.00%, 03/15/24 |
3,250 | 3,280,996 | ||||||
|
Series C, 5.00%, 03/15/26 |
4,000 | 4,190,753 | ||||||
|
Series C, 5.00%, 03/15/31 (Call 03/15/24) |
1,850 | 1,863,773 | ||||||
|
Series C, 5.00%, 03/15/32 (Call 03/15/24) |
4,370 | 4,402,077 | ||||||
|
Series C, 5.00%, 03/15/33 (Call 03/15/24) |
1,000 | 1,007,236 | ||||||
|
Series C, 5.00%, 03/15/33 (Call 03/15/28) |
10,950 | 11,767,151 | ||||||
|
Series C, 5.00%, 03/15/35 (Call 03/15/24) |
5,390 | 5,426,751 | ||||||
|
Series C, 5.00%, 03/15/37 (Call 03/15/24) |
2,000 | 2,012,489 | ||||||
|
Series C, 5.00%, 03/15/38 (Call 03/15/24) |
1,000 | 1,005,984 | ||||||
|
Series C, 5.00%, 03/15/39 (Call 03/15/28) |
1,500 | 1,572,305 | ||||||
|
Series C, 5.00%, 03/15/44 (Call 03/15/24) |
19,100 | 19,202,365 | ||||||
|
Series D, 3.00%, 02/15/49 (Call 02/15/30) |
5,250 | 3,873,205 | ||||||
|
Series D, 4.00%, 02/15/37 (Call 02/15/30) |
2,500 | 2,523,006 | ||||||
|
Series D, 4.00%, 02/15/47 (Call 02/15/30) |
26,190 | 24,761,291 | ||||||
|
Series D, 5.00%, 02/15/24 |
3,000 | 3,022,715 | ||||||
|
Series D, 5.00%, 02/15/25 |
2,770 | 2,838,231 | ||||||
|
Series D, 5.00%, 02/15/26 |
10,020 | 10,447,515 | ||||||
|
Series D, 5.00%, 02/15/27 (PR 08/15/26) |
1,000 | 1,054,081 | ||||||
|
Series D, 5.00%, 02/15/28 (Call 08/15/26) |
1,500 | 1,575,758 | ||||||
|
Series D, 5.00%, 02/15/29 |
9,705 | 10,643,726 | ||||||
|
Series D, 5.00%, 02/15/33 (Call 02/15/30) |
2,205 | 2,436,473 | ||||||
|
Series D, 5.00%, 02/15/34 (Call 02/15/30) |
21,700 | 23,919,137 | ||||||
|
Series D, 5.00%, 02/15/48 (Call 02/15/30) |
5,000 | 5,200,816 | ||||||
|
Series E, 3.00%, 03/15/41 (Call 03/15/32) |
10,250 | 8,252,888 | ||||||
|
Series E, 3.25%, 03/15/35 (Call 10/02/23) |
25,000 | 23,928,057 | ||||||
|
Series E, 4.00%, 02/15/34 (Call 02/15/25) |
1,445 | 1,459,867 | ||||||
|
Series E, 4.00%, 03/15/37 (Call 03/15/32) |
11,000 | 11,127,767 | ||||||
|
Series E, 4.00%, 03/15/39 (Call 03/15/32) |
11,230 | 11,126,918 | ||||||
|
Series E, 4.00%, 03/15/42 (Call 03/15/32) |
5,605 | 5,432,278 | ||||||
|
Series E, 4.00%, 03/15/44 (Call 03/15/32) |
17,500 | 16,798,579 | ||||||
|
Series E, 5.00%, 02/15/24 |
1,110 | 1,118,404 | ||||||
|
Series E, 5.00%, 03/15/24 |
4,125 | 4,162,178 | ||||||
|
Series E, 5.00%, 03/15/27 |
2,000 | 2,133,074 | ||||||
|
Series E, 5.00%, 03/15/29 (Call 09/15/28) |
5,195 | 5,639,399 | ||||||
|
Series E, 5.00%, 03/15/31 (Call 09/15/25) |
24,195 | 24,912,094 | ||||||
|
Series E, 5.00%, 03/15/32 (Call 09/15/25) |
300 | 308,713 | ||||||
|
Series E, 5.00%, 03/15/33 (Call 03/15/32) |
7,000 | 7,941,918 | ||||||
|
Series E, 5.00%, 03/15/34 (Call 09/15/25) |
5,000 | 5,137,323 | ||||||
|
Series E, 5.00%, 03/15/35 (Call 09/15/28) |
10,190 | 10,947,094 | ||||||
|
Series E, 5.00%, 03/15/36 (Call 09/15/25) |
24,200 | 24,750,371 | ||||||
|
Series E, 5.00%, 03/15/38 (Call 09/15/28) |
10,000 | 10,551,411 | ||||||
|
Series E, 5.00%, 03/15/40 (Call 09/15/28) |
4,000 | 4,205,120 | ||||||
|
Series E, 5.00%, 03/15/44 (Call 09/15/28) |
9,800 | 10,227,349 | ||||||
|
Series E, 5.00%, 03/15/48 (Call 09/15/28) |
2,800 | 2,912,147 | ||||||
|
Series E, 5.25%, 03/15/33 (Call 09/15/25) |
2,305 | 2,382,218 | ||||||
| 56 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par |
Value | ||||||
| New York (continued) | ||||||||
|
New York State Environmental Facilities Corp. RB |
||||||||
|
3.00%, 10/15/50 (Call 10/15/30) |
$ | 8,725 | $ | 6,505,799 | ||||
|
4.00%, 06/15/47 (Call 06/15/32) |
15,000 | 14,350,009 | ||||||
|
4.00%, 06/15/49 (Call 06/15/29) |
5,670 | 5,394,934 | ||||||
|
5.00%, 06/15/24 |
3,250 | 3,295,492 | ||||||
|
5.00%, 06/15/26 |
2,500 | 2,633,367 | ||||||
|
5.00%, 06/15/42 (Call 06/15/27) |
5,000 | 5,237,733 | ||||||
|
5.00%, 09/15/47 (Call 09/15/32) |
5,000 | 5,337,722 | ||||||
|
5.00%, 06/15/48 (Call 06/15/28) |
11,310 | 11,932,747 | ||||||
|
Series A, 4.00%, 06/15/46 (Call 06/15/26) |
1,545 | 1,480,773 | ||||||
|
Series A, 5.00%, 06/15/41 (Call 06/15/26) |
2,050 | 2,116,184 | ||||||
|
Series A, 5.00%, 06/15/42 (Call 06/15/27) |
2,140 | 2,241,750 | ||||||
|
Series A, 5.00%, 06/15/46 (Call 06/15/27) |
16,825 | 17,490,493 | ||||||
|
Series B, 4.00%, 06/15/49 (Call 06/15/29) |
2,500 | 2,378,719 | ||||||
|
Series B, 5.00%, 06/15/43 (Call 06/15/28) |
10,000 | 10,593,016 | ||||||
|
Series E, 5.00%, 06/15/47 (Call 06/15/27) |
19,095 | 19,820,186 | ||||||
|
New York State Thruway Authority RB |
||||||||
|
4.00%, 03/15/44 (Call 09/15/32) |
40,000 | 38,238,824 | ||||||
|
4.00%, 03/15/49 (Call 09/15/32) |
6,570 | 6,170,205 | ||||||
|
4.00%, 03/15/51 (Call 09/15/32) |
17,225 | 16,081,539 | ||||||
|
4.13%, 03/15/56 (Call 09/15/32) |
8,000 | 7,502,485 | ||||||
|
5.00%, 03/15/25 |
12,490 | 12,816,482 | ||||||
|
5.00%, 03/15/28 |
5,000 | 5,421,590 | ||||||
|
5.00%, 03/15/30 |
10,000 | 11,168,230 | ||||||
|
5.00%, 03/15/31 |
20,000 | 22,649,140 | ||||||
|
5.00%, 03/15/46 (Call 09/15/32) |
5,000 | 5,300,617 | ||||||
|
5.00%, 03/15/48 (Call 09/15/32) |
62,625 | 66,164,358 | ||||||
|
5.00%, 03/15/53 (Call 09/15/32) |
25,000 | 26,296,860 | ||||||
|
5.00%, 03/15/54 (Call 09/15/32) |
5,000 | 5,255,552 | ||||||
|
Series A, 4.00%, 01/01/56 (Call 01/01/26) |
1,000 | 894,811 | ||||||
|
Series A, 5.00%, 01/01/41 (Call 01/01/26) |
1,005 | 1,027,015 | ||||||
|
Series A, 5.00%, 01/01/46 (Call 01/01/26) |
5,000 | 5,083,986 | ||||||
|
Series A, 5.00%, 01/01/51 (Call 01/01/26) |
5,000 | 5,072,929 | ||||||
|
Series A, 5.25%, 01/01/56 (Call 01/01/26) |
2,480 | 2,539,639 | ||||||
|
Series A-1, 4.00%, 03/15/36 (Call 03/15/31) |
2,260 | 2,298,308 | ||||||
|
Series A-1, 4.00%, 03/15/41 (Call 03/15/31) |
1,110 | 1,068,607 | ||||||
|
Series A-1, 4.00%, 03/15/45 (Call 03/15/31) |
5,000 | 4,723,100 | ||||||
|
Series A-1, 4.00%, 03/15/46 (Call 03/15/31) |
5,315 | 5,005,432 | ||||||
|
Series A-1, 4.00%, 03/15/59 (Call 03/15/31) |
7,435 | 6,717,453 | ||||||
|
Series A-1, 5.00%, 03/15/25 |
5,000 | 5,130,698 | ||||||
|
Series A-1, 5.00%, 03/15/26 |
5,000 | 5,228,001 | ||||||
|
Series B, 3.00%, 01/01/46 (Call 01/01/30) |
2,500 | 1,841,610 | ||||||
|
Series B, 4.00%, 01/01/37 (Call 01/01/30) |
1,750 | 1,744,879 | ||||||
|
Series B, 4.00%, 01/01/38 (Call 01/01/30) |
5,500 | 5,357,397 | ||||||
|
Series B, 4.00%, 01/01/39 (Call 01/01/30) |
3,685 | 3,573,722 | ||||||
|
Series B, 4.00%, 01/01/40 (Call 01/01/30) (AGM) |
2,000 | 1,958,534 | ||||||
|
Series B, 4.00%, 01/01/41 (Call 01/01/30) |
2,000 | 1,904,885 | ||||||
|
Series B, 4.00%, 01/01/50 (Call 01/01/30) |
8,000 | 7,314,943 | ||||||
|
Series B, 4.00%, 01/01/50 (Call 01/01/30) (AGM) |
2,500 | 2,362,865 | ||||||
|
Series B, 4.00%, 01/01/53 (Call 01/01/30) |
8,250 | 7,454,763 | ||||||
|
Series B, 5.00%, 01/01/36 (Call 01/01/30) |
2,000 | 2,175,403 | ||||||
|
Series J, 5.00%, 01/01/26 (Call 01/01/24) |
2,675 | 2,687,311 | ||||||
|
Series J, 5.00%, 01/01/41 (Call 01/01/24) |
2,000 | 2,005,594 | ||||||
|
Series K, 5.00%, 01/01/31 (Call 01/01/25) |
4,000 | 4,074,769 | ||||||
|
Series K, 5.00%, 01/01/32 (Call 01/01/25) |
5,365 | 5,463,890 | ||||||
|
Series L, 4.00%, 01/01/36 (Call 01/01/28) |
1,000 | 1,009,701 | ||||||
|
Series L, 5.00%, 01/01/33 (Call 01/01/28) |
1,000 | 1,072,326 | ||||||
|
Series N, 3.00%, 01/01/49 (Call 01/01/30) |
3,000 | 2,131,395 | ||||||
|
Series N, 4.00%, 01/01/43 (Call 01/01/30) |
5,660 | 5,432,313 | ||||||
|
Series N, 4.00%, 01/01/47 (Call 01/01/30) |
4,000 | 3,772,892 | ||||||
| Security |
Par |
Value | ||||||
| New York (continued) | ||||||||
|
Series O, 4.00%, 01/01/48 (Call 07/01/31) |
$ | 5,845 | $ | 5,502,030 | ||||
|
Series O, 5.00%, 01/01/33 (Call 07/01/31) |
10,000 | 11,314,767 | ||||||
|
New York State Urban Development Corp. RB |
||||||||
|
3.00%, 03/15/40 (Call 09/15/30) |
26,835 | 22,191,182 | ||||||
|
3.00%, 03/15/48 (Call 09/15/30) |
3,000 | 2,251,914 | ||||||
|
3.00%, 03/15/50 (Call 09/15/31) |
7,730 | 5,757,354 | ||||||
|
4.00%, 03/15/34 (Call 09/15/30) |
2,500 | 2,606,781 | ||||||
|
4.00%, 03/15/37 (Call 09/15/30) |
2,500 | 2,523,049 | ||||||
|
4.00%, 03/15/39 (Call 09/15/30) |
2,000 | 1,983,914 | ||||||
|
4.00%, 03/15/42 (Call 09/15/30) |
8,025 | 7,807,853 | ||||||
|
4.00%, 03/15/44 (09/15/31) |
5,350 | 5,135,566 | ||||||
|
4.00%, 03/15/49 (Call 09/15/30) |
6,900 | 6,500,328 | ||||||
|
5.00%, 03/15/25 |
1,490 | 1,528,948 | ||||||
|
5.00%, 03/15/27 |
1,090 | 1,158,932 | ||||||
|
5.00%, 03/15/27 (PR 03/15/24) |
1,000 | 1,009,013 | ||||||
|
5.00%, 09/15/27 |
3,400 | 3,650,704 | ||||||
|
5.00%, 03/15/28 |
4,580 | 4,954,076 | ||||||
|
5.00%, 09/15/28 |
9,005 | 9,830,430 | ||||||
|
5.00%, 03/15/29 |
8,000 | 8,793,576 | ||||||
|
5.00%, 03/15/29 (Call 03/15/24) |
2,000 | 2,014,994 | ||||||
|
5.00%, 03/15/30 |
14,980 | 16,692,440 | ||||||
|
5.00%, 03/15/31 |
1,750 | 1,978,027 | ||||||
|
5.00%, 03/15/32 (Call 09/15/30) |
2,500 | 2,795,713 | ||||||
|
5.00%, 03/15/33 (Call 09/15/30) |
8,000 | 8,928,852 | ||||||
|
5.00%, 03/15/34 (Call 03/15/24) |
2,300 | 2,316,402 | ||||||
|
5.00%, 03/15/35 (Call 09/15/28) |
7,500 | 8,125,765 | ||||||
|
5.00%, 03/15/36 (Call 09/15/30) |
31,000 | 33,989,621 | ||||||
|
5.00%, 03/15/40 (Call 09/15/32) |
10,000 | 10,800,486 | ||||||
|
5.00%, 03/15/43 (Call 09/15/30) |
17,900 | 18,868,800 | ||||||
|
5.00%, 03/15/44 (Call 09/15/30) |
1,000 | 1,051,168 | ||||||
|
5.00%, 03/15/44 (Call 09/15/32) |
24,105 | 25,629,130 | ||||||
|
5.00%, 03/15/46 (Call 09/15/32) |
10,000 | 10,578,117 | ||||||
|
5.00%, 03/15/47 (Call 09/15/30) |
11,850 | 12,386,972 | ||||||
|
5.00%, 03/15/48 (Call 09/15/32) |
10,000 | 10,542,142 | ||||||
|
5.00%, 03/15/50 (Call 09/15/30) |
20,950 | 21,829,052 | ||||||
|
5.00%, 03/15/50 (Call 09/15/32) |
15,000 | 15,776,745 | ||||||
|
Series A, 4.00%, 03/15/37 (Call 09/15/31) |
7,500 | 7,593,098 | ||||||
|
Series A, 4.00%, 03/15/39 (Call 09/15/31) |
3,265 | 3,253,631 | ||||||
|
Series A, 4.00%, 03/15/40 (Call 09/15/30) |
2,910 | 2,872,976 | ||||||
|
Series A, 4.00%, 03/15/42 (Call 09/15/29) |
7,750 | 7,511,178 | ||||||
|
Series A, 4.00%, 03/15/43 (Call 09/15/29) |
1,000 | 966,558 | ||||||
|
Series A, 4.00%, 03/15/44 (Call 09/15/29) |
5,000 | 4,799,594 | ||||||
|
Series A, 4.00%, 03/15/45 (Call 09/15/30) |
1,000 | 958,059 | ||||||
|
Series A, 4.00%, 03/15/45 (Call 09/15/31) |
2,250 | 2,155,632 | ||||||
|
Series A, 4.00%, 03/15/46 (Call 09/15/29) |
2,500 | 2,388,806 | ||||||
|
Series A, 4.00%, 03/15/47 (Call 09/15/31) |
16,500 | 15,710,341 | ||||||
|
Series A, 4.00%, 03/15/49 (Call 09/15/30) |
54,995 | 51,809,497 | ||||||
|
Series A, 5.00%, 03/15/24 |
3,540 | 3,572,096 | ||||||
|
Series A, 5.00%, 03/15/26 |
8,805 | 9,193,417 | ||||||
|
Series A, 5.00%, 03/15/27 |
10,000 | 10,632,402 | ||||||
|
Series A, 5.00%, 03/15/27 (Call 03/15/26) |
3,710 | 3,877,711 | ||||||
|
Series A, 5.00%, 03/15/27 (PR 09/15/25) |
10,000 | 10,350,754 | ||||||
|
Series A, 5.00%, 03/15/30 (Call 03/15/27) |
1,500 | 1,586,561 | ||||||
|
Series A, 5.00%, 03/15/31 (Call 03/15/26) |
2,000 | 2,077,366 | ||||||
|
Series A, 5.00%, 03/15/31 (Call 03/15/27) |
10,000 | 10,572,072 | ||||||
|
Series A, 5.00%, 03/15/32 (Call 09/15/25) |
1,000 | 1,030,628 | ||||||
|
Series A, 5.00%, 03/15/33 (Call 03/15/27) |
1,500 | 1,582,945 | ||||||
|
Series A, 5.00%, 03/15/35 (Call 03/15/24) |
3,855 | 3,882,089 | ||||||
|
Series A, 5.00%, 03/15/35 (Call 09/15/25) |
6,525 | 6,700,345 | ||||||
|
Series A, 5.00%, 03/15/35 (Call 03/15/27) |
2,400 | 2,516,811 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
57 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par |
Value | ||||||
| New York (continued) | ||||||||
|
Series A, 5.00%, 03/15/35 (Call 09/15/29) |
$ | 2,500 | $ | 2,734,792 | ||||
|
Series A, 5.00%, 03/15/36 (Call 09/15/28) |
2,465 | 2,651,371 | ||||||
|
Series A, 5.00%, 03/15/36 (Call 09/15/29) |
1,000 | 1,085,219 | ||||||
|
Series A, 5.00%, 03/15/37 (Call 09/15/29) |
2,600 | 2,799,513 | ||||||
|
Series A, 5.00%, 03/15/37 (Call 09/15/30) |
2,000 | 2,173,325 | ||||||
|
Series A, 5.00%, 03/15/39 (Call 09/15/29) |
2,000 | 2,128,192 | ||||||
|
Series A, 5.00%, 03/15/40 (Call 09/15/29) |
2,500 | 2,650,890 | ||||||
|
Series A, 5.00%, 03/15/41 (Call 09/15/28) |
3,660 | 3,854,413 | ||||||
|
Series A, 5.00%, 03/15/45 (Call 09/15/28) |
2,300 | 2,405,327 | ||||||
|
Series A-1, 5.00%, 03/15/28 (Call 09/21/23) |
2,020 | 2,023,131 | ||||||
|
Series A-1, 5.00%, 03/15/29 (Call 09/21/23) |
1,270 | 1,271,991 | ||||||
|
Series A-1, 5.00%, 03/15/30 (Call 09/21/23) |
2,500 | 2,502,590 | ||||||
|
Series A-1, 5.00%, 03/15/43 (Call 09/21/23) |
6,400 | 6,404,158 | ||||||
|
Series C, 5.00%, 03/15/30 (Call 10/02/23) |
4,540 | 4,547,649 | ||||||
|
Series C-3, 4.00%, 03/15/47 (Call 09/15/27) |
2,000 | 1,898,615 | ||||||
|
Series C-3, 5.00%, 03/15/41 (Call 09/15/27) |
2,640 | 2,740,441 | ||||||
|
Series C-3, 5.00%, 03/15/42 (Call 09/15/27) |
1,500 | 1,554,149 | ||||||
|
Series E, 3.00%, 03/15/40 (Call 03/15/30) |
4,500 | 3,718,707 | ||||||
|
Series E, 3.00%, 03/15/50 (Call 03/15/30) |
14,975 | 11,051,063 | ||||||
|
Series E, 4.00%, 03/15/34 (Call 03/15/30) |
5,000 | 5,205,906 | ||||||
|
Series E, 4.00%, 03/15/35 (Call 03/15/30) |
2,470 | 2,550,044 | ||||||
|
Series E, 4.00%, 03/15/36 (Call 03/15/30) |
3,500 | 3,575,863 | ||||||
|
Series E, 4.00%, 03/15/41 (Call 03/15/30) |
19,500 | 19,125,881 | ||||||
|
Series E, 4.00%, 03/15/46 (Call 03/15/30) |
7,375 | 7,026,516 | ||||||
|
Series E, 5.00%, 03/15/25 |
5,025 | 5,156,351 | ||||||
|
Series E, 5.00%, 03/15/26 |
2,445 | 2,552,857 | ||||||
|
Series E, 5.00%, 03/15/28 |
3,000 | 3,245,028 | ||||||
|
Onondaga County Trust for Cultural Resources RB |
||||||||
|
4.00%, 12/01/49 (Call 12/01/29) |
2,500 | 2,322,862 | ||||||
|
5.00%, 12/01/43 (Call 12/01/29) |
1,000 | 1,064,049 | ||||||
|
5.00%, 12/01/45 (Call 12/01/29) |
1,500 | 1,591,147 | ||||||
|
Port Authority of New York & New Jersey RB |
||||||||
|
4.00%, 09/01/39 (Call 09/01/29) |
2,000 | 1,988,262 | ||||||
|
4.00%, 09/01/49 (Call 09/01/29) |
14,060 | 13,347,009 | ||||||
|
5.00%, 09/01/31 (Call 09/01/29) |
10,295 | 11,390,729 | ||||||
|
5.00%, 09/01/33 (Call 09/01/29) |
1,500 | 1,655,648 | ||||||
|
5.00%, 09/01/34 (Call 09/01/29) |
5,000 | 5,503,160 | ||||||
|
5.00%, 10/15/35 (Call 10/15/25) |
10,675 | 10,988,729 | ||||||
|
5.00%, 09/01/36 (Call 09/01/29) |
3,100 | 3,356,458 | ||||||
|
Series 111, 4.00%, 09/01/43 (Call 09/01/28) |
19,000 | 18,500,638 | ||||||
|
Series 111, 5.00%, 09/01/48 (Call 09/01/28) |
1,360 | 1,409,756 | ||||||
|
Series 179, 5.00%, 12/01/25 (Call 12/01/23) |
2,405 | 2,413,777 | ||||||
|
Series 179, 5.00%, 06/01/33 (Call 12/01/23) |
1,000 | 1,003,601 | ||||||
|
Series 179, 5.00%, 12/01/38 (Call 12/01/23) |
6,615 | 6,632,454 | ||||||
|
Series 179, 5.00%, 12/01/43 (Call 12/01/23) |
2,500 | 2,505,155 | ||||||
|
Series 183, 4.00%, 12/15/41 (Call 06/15/24) |
1,000 | 986,131 | ||||||
|
Series 184, 5.00%, 09/01/36 (Call 09/01/24) |
4,770 | 4,822,233 | ||||||
|
Series 184, 5.00%, 09/01/39 (Call 09/01/24) |
1,915 | 1,930,783 | ||||||
|
Series 189, 5.00%, 05/01/27 (Call 05/01/25) |
1,205 | 1,237,238 | ||||||
|
Series 189, 5.00%, 05/01/40 (Call 05/01/25) |
5,000 | 5,086,855 | ||||||
|
Series 189, 5.00%, 05/01/45 (Call 05/01/25) |
2,000 | 2,027,043 | ||||||
|
Series 194, 4.00%, 10/15/45 (Call 10/15/25) |
1,000 | 961,709 | ||||||
|
Series 194, 5.00%, 10/15/24 |
570 | 580,833 | ||||||
|
Series 194, 5.00%, 10/15/28 (Call 10/15/25) |
2,000 | 2,069,088 | ||||||
|
Series 194, 5.00%, 10/15/32 (Call 10/15/25) |
1,400 | 1,446,047 | ||||||
|
Series 194, 5.00%, 10/15/33 (Call 10/15/25) |
3,000 | 3,097,434 | ||||||
|
Series 194, 5.00%, 10/15/34 (Call 10/15/25) |
4,500 | 4,641,512 | ||||||
|
Series 194, 5.00%, 10/15/41 (Call 10/15/25) |
14,780 | 15,102,491 | ||||||
|
Series 194, 5.25%, 10/15/55 (Call 10/15/25) |
1,000 | 1,025,000 | ||||||
|
Series 198, 5.00%, 11/15/41 (Call 11/15/26) |
9,475 | 9,730,271 | ||||||
| Security |
Par |
Value | ||||||
| New York (continued) | ||||||||
|
Series 198, 5.00%, 11/15/46 (Call 11/15/26) |
$ | 8,190 | $ | 8,327,178 | ||||
|
Series 198, 5.25%, 11/15/56 (Call 11/15/26) |
9,500 | 9,763,305 | ||||||
|
Series 200, 5.00%, 10/15/47 (Call 04/15/27) |
2,365 | 2,434,292 | ||||||
|
Series 200, 5.00%, 04/15/57 (Call 04/15/27) |
3,000 | 3,069,374 | ||||||
|
Series 205, 5.00%, 11/15/42 (Call 11/15/27) |
2,655 | 2,764,773 | ||||||
|
Series 205, 5.00%, 05/15/57 (Call 11/15/27) |
2,000 | 2,056,147 | ||||||
|
Series 209, 5.00%, 07/15/29 (Call 07/15/28) |
4,000 | 4,347,108 | ||||||
|
Series 209, 5.00%, 07/15/32 (Call 07/15/28) |
3,080 | 3,342,175 | ||||||
|
Series 209, 5.00%, 07/15/35 (Call 07/15/28) |
1,000 | 1,075,362 | ||||||
|
Series 217, 4.00%, 11/01/49 (Call 11/01/29) |
6,500 | 6,166,560 | ||||||
|
Series 217, 5.00%, 11/01/44 (Call 11/01/29) |
3,500 | 3,682,720 | ||||||
|
Series 222, 4.00%, 07/15/38 (Call 07/15/30) |
9,430 | 9,414,852 | ||||||
|
Series 222, 5.00%, 07/15/32 (Call 07/15/30) |
1,000 | 1,125,839 | ||||||
|
Series 224, 4.00%, 07/15/40 (Call 07/15/31) |
3,850 | 3,822,187 | ||||||
|
Series 224, 4.00%, 07/15/41 (Call 07/15/31) |
13,270 | 13,082,740 | ||||||
|
Series 224, 4.00%, 07/15/46 (Call 07/15/31) |
12,185 | 11,673,625 | ||||||
|
Series 224, 4.00%, 07/15/51 (Call 07/15/31) |
7,670 | 7,234,134 | ||||||
|
Series 224, 4.00%, 07/15/61 (Call 07/15/31) |
2,500 | 2,290,415 | ||||||
|
Series 230, 3.00%, 12/01/31 |
5,000 | 4,914,646 | ||||||
|
Series 230, 3.00%, 12/01/32 |
3,000 | 2,927,926 | ||||||
|
Series 230, 4.00%, 12/01/30 |
1,500 | 1,610,634 | ||||||
|
Series 230, 5.25%, 12/01/52 (Call 12/01/32) |
2,500 | 2,713,572 | ||||||
|
Series 5, 5.38%, 03/01/28 |
1,555 | 1,625,597 | ||||||
|
Third Series, 6.13%, 06/01/94 (Call 06/01/24) |
500 | 505,949 | ||||||
|
Sales Tax Asset Receivable Corp. RB |
||||||||
|
Series A, 4.00%, 10/15/32 (PR 10/15/24) |
17,045 | 17,174,702 | ||||||
|
Series A, 5.00%, 10/15/25 (PR 10/15/24) |
2,000 | 2,036,850 | ||||||
|
Series A, 5.00%, 10/15/26 (PR 10/15/24) |
4,600 | 4,684,756 | ||||||
|
Series A, 5.00%, 10/15/27 (PR 10/15/24) |
5,030 | 5,122,679 | ||||||
|
Series A, 5.00%, 10/15/28 (Call 10/15/24) |
7,860 | 8,004,822 | ||||||
|
Series A, 5.00%, 10/15/29 (Call 10/15/24) |
5,685 | 5,789,747 | ||||||
|
Series A, 5.00%, 10/15/30 (Call 10/15/24) |
7,030 | 7,159,529 | ||||||
|
Suffolk County Water Authority RB |
||||||||
|
4.00%, 06/01/31 (Call 06/01/25) |
1,000 | 1,019,358 | ||||||
|
Series A, 4.00%, 06/01/41 (Call 06/01/28) |
3,000 | 2,953,646 | ||||||
|
Triborough Bridge & Tunnel Authority RB |
||||||||
|
4.00%, 11/15/40 (Call 11/15/29) |
6,000 | 5,927,437 | ||||||
|
4.00%, 05/15/41 (Call 05/15/32) |
1,000 | 985,777 | ||||||
|
4.00%, 11/15/42 (Call 10/02/23) |
3,065 | 2,968,932 | ||||||
|
4.00%, 05/15/51 (Call 05/15/32) |
6,800 | 6,417,144 | ||||||
|
4.00%, 11/15/52 (Call 11/15/32) |
3,000 | 2,789,545 | ||||||
|
4.13%, 05/15/52 (05/15/32) |
5,000 | 4,789,392 | ||||||
|
4.50%, 05/15/47 (Call 11/15/32) |
7,000 | 7,115,557 | ||||||
|
4.50%, 05/15/52 (Call 11/15/32) |
7,465 | 7,552,032 | ||||||
|
5.00%, 08/15/24 |
7,575 | 7,689,227 | ||||||
|
5.00%, 11/15/27 (Call 08/15/27) |
11,155 | 11,979,492 | ||||||
|
5.00%, 05/15/28 |
20,335 | 22,146,901 | ||||||
|
5.00%, 11/15/28 |
2,085 | 2,291,516 | ||||||
|
5.00%, 11/15/28 (08/15/28) |
5,000 | 5,461,161 | ||||||
|
5.00%, 11/15/30 (08/15/30) |
5,000 | 5,631,041 | ||||||
|
5.00%, 11/15/31 |
5,000 | 5,718,970 | ||||||
|
5.00%, 11/15/32 |
3,000 | 3,467,608 | ||||||
|
5.00%, 11/15/32 (Call 05/15/32) |
3,000 | 3,452,794 | ||||||
|
5.00%, 11/15/33 (08/15/33) |
2,250 | 2,624,296 | ||||||
|
5.00%, 11/15/34 (Call 05/15/33) |
3,825 | 4,383,436 | ||||||
|
5.00%, 11/15/35 (Call 05/15/33) |
3,445 | 3,901,144 | ||||||
|
5.00%, 05/15/43 (Call 05/15/32) |
1,000 | 1,072,361 | ||||||
|
5.00%, 05/15/52 |
32,725 | 36,725,841 | ||||||
|
5.50%, 05/15/52 (Call 11/15/32) |
33,750 | 37,234,755 | ||||||
|
5.50%, 11/15/57 (Call 11/15/32) |
3,000 | 3,275,498 | ||||||
| 58 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par |
Value | ||||||
| New York (continued) | ||||||||
|
Series A, 0.00%, 11/15/30(a) |
$ | 10,800 | $ | 8,136,766 | ||||
|
Series A, 0.00%, 11/15/31(a) |
2,000 | 1,443,801 | ||||||
|
Series A, 0.00%, 11/15/32(a) |
1,800 | 1,241,278 | ||||||
|
Series A, 4.00%, 11/15/47 (Call 05/15/28) |
3,000 | 2,838,534 | ||||||
|
Series A, 4.00%, 11/15/48 (Call 05/15/28) |
6,000 | 5,650,906 | ||||||
|
Series A, 4.00%, 11/15/54 (Call 11/15/30) |
2,805 | 2,592,897 | ||||||
|
Series A, 5.00%, 11/01/25 |
2,800 | 2,903,184 | ||||||
|
Series A, 5.00%, 11/15/42 (Call 05/15/27) |
1,000 | 1,034,669 | ||||||
|
Series A, 5.00%, 11/15/44 (Call 05/15/28) |
13,420 | 13,980,964 | ||||||
|
Series A, 5.00%, 11/15/45 (Call 05/15/28) |
4,100 | 4,265,550 | ||||||
|
Series A, 5.00%, 11/15/46 (Call 05/15/26) |
7,900 | 8,078,087 | ||||||
|
Series A, 5.00%, 11/15/47 (Call 05/15/27) |
9,185 | 9,424,875 | ||||||
|
Series A, 5.00%, 11/15/49 (Call 05/15/29) |
10,280 | 10,641,086 | ||||||
|
Series A, 5.00%, 11/15/51 (Call 05/15/31) |
2,875 | 3,012,097 | ||||||
|
Series A, 5.00%, 11/15/54 (Call 11/15/30) |
4,000 | 4,171,345 | ||||||
|
Series A-1, 4.00%, 05/15/46 (Call 05/15/31) |
2,935 | 2,810,101 | ||||||
|
Series A-1, 5.00%, 05/15/51 (Call 05/15/31) |
25,800 | 27,116,688 | ||||||
|
Series A-2, VRDN, 2.00%, 05/15/45Put(b) |
9,935 | 9,329,502 | ||||||
|
Series B, 0.00%, 11/15/32(a) |
4,745 | 3,316,689 | ||||||
|
Series B, 5.00%, 11/15/30 |
1,000 | 1,128,190 | ||||||
|
Series B, 5.00%, 11/15/31 |
1,000 | 1,143,794 | ||||||
|
Series B, 5.00%, 11/15/31 (Call 05/15/27) |
1,000 | 1,058,036 | ||||||
|
Series B, 5.00%, 11/15/35 (Call 05/15/27) |
2,000 | 2,101,904 | ||||||
|
Series B, 5.00%, 11/15/36 (Call 05/15/27) |
2,175 | 2,276,468 | ||||||
|
Series B, 5.00%, 11/15/37 (Call 05/15/27) |
2,000 | 2,085,170 | ||||||
|
Series B, 5.00%, 11/15/38 (Call 05/15/27) |
1,360 | 1,415,445 | ||||||
|
Series B-2, VRDN, 5.00%, 05/15/50(b) |
2,000 | 2,068,829 | ||||||
|
Series C, 3.00%, 11/15/45 (Call 11/15/29) |
17,745 | 13,498,662 | ||||||
|
Series C, 5.00%, 05/15/47 (Call 05/15/32) |
3,735 | 3,962,497 | ||||||
|
Series C-1, 5.00%, 11/15/25 |
4,575 | 4,747,117 | ||||||
|
Series C-1A, 4.00%, 05/15/46 (Call 11/15/31) |
8,255 | 7,903,709 | ||||||
|
Series C-1A, 5.00%, 05/15/39 (Call 11/15/31) |
2,000 | 2,171,933 | ||||||
|
Series C-1A, 5.00%, 05/15/51 (Call 11/15/31) |
420 | 442,605 | ||||||
|
Series C-1B, VRDN, 5.00%, 05/15/51(b) |
2,500 | 2,585,387 | ||||||
|
Series C-2, 3.00%, 05/15/33 (Call 11/15/31) |
1,000 | 963,925 | ||||||
|
Series C-2, 5.00%, 11/15/42 (Call 11/15/27) |
3,715 | 3,867,140 | ||||||
|
Series C-3, 3.00%, 05/15/51 (Call 11/15/31) |
2,000 | 1,449,272 | ||||||
|
VRDN, VRDN, 3.92%, 01/01/35 (08/31/23)(b) |
10,000 | 10,000,000 | ||||||
|
Triborough Bridge & Tunnel Authority Sales Tax Revenue RB |
||||||||
|
4.00%, 05/15/48 (Call 05/15/33) |
4,000 | 3,804,724 | ||||||
|
4.13%, 05/15/53 (Call 05/15/33) |
5,000 | 4,783,703 | ||||||
|
4.25%, 05/15/58 (Call 05/15/33) |
5,000 | 4,797,885 | ||||||
|
4.50%, 05/15/63 (Call 05/15/33) |
10,000 | 9,817,058 | ||||||
|
5.00%, 05/15/42 (Call 05/15/33) |
1,335 | 1,448,047 | ||||||
|
5.00%, 05/15/48 (Call 05/15/33) |
1,750 | 1,860,470 | ||||||
|
5.25%, 05/15/52 (Call 11/15/32) |
3,000 | 3,231,477 | ||||||
|
5.50%, 05/15/63 (Call 05/15/33) |
2,000 | 2,190,092 | ||||||
|
Utility Debt Securitization Authority RB |
||||||||
|
5.00%, 12/15/28 (Call 12/15/23) |
3,965 | 3,979,556 | ||||||
|
5.00%, 12/15/28 (Call 06/15/26) |
8,500 | 8,911,739 | ||||||
|
5.00%, 12/15/32 (Call 12/15/25) |
1,830 | 1,900,225 | ||||||
|
5.00%, 12/15/33 (Call 12/15/25) |
4,440 | 4,608,401 | ||||||
|
5.00%, 12/15/33 (Call 12/15/31) |
5,500 | 6,356,749 | ||||||
|
5.00%, 12/15/34 (Call 12/15/32) |
6,500 | 7,588,838 | ||||||
|
5.00%, 12/15/36 (Call 12/15/25) |
2,750 | 2,837,795 | ||||||
|
5.00%, 12/15/37 (Call 12/15/25) |
5,380 | 5,539,859 | ||||||
|
5.00%, 12/15/39 (Call 12/15/27) |
8,660 | 9,221,095 | ||||||
|
5.00%, 12/15/40 (Call 12/15/27) |
10,155 | 10,793,124 | ||||||
|
5.00%, 12/15/41 (Call 12/15/27) |
8,000 | 8,486,135 | ||||||
| Security |
Par |
Value | ||||||
| New York (continued) | ||||||||
|
5.00%, 12/15/49 (Call 12/15/32) |
$ | 21,280 | $ | 23,005,802 | ||||
|
5.00%, 09/15/52 (Call 12/15/32) |
15,000 | 16,179,268 | ||||||
|
Series A, 5.00%, 06/15/28 (Call 06/15/26) |
2,055 | 2,154,544 | ||||||
|
Series A, 5.00%, 12/15/35 (Call 06/15/26) |
2,000 | 2,085,501 | ||||||
|
Series B, 5.00%, 12/15/33 (Call 06/15/26) |
450 | 471,798 | ||||||
|
Series TE, 5.00%, 12/15/30 (Call 12/15/23) |
6,730 | 6,753,956 | ||||||
|
Series TE, 5.00%, 12/15/35 (Call 12/15/23) |
3,000 | 3,008,922 | ||||||
|
Series TE, 5.00%, 12/15/41 (Call 12/15/23) |
17,285 | 17,321,966 | ||||||
|
|
|
|||||||
| 7,254,451,527 | ||||||||
| North Carolina — 1.3% | ||||||||
|
City of Charlotte NC Water & Sewer System Revenue RB |
||||||||
|
5.00%, 07/01/28 |
3,005 | 3,290,753 | ||||||
|
5.00%, 07/01/31 (Call 07/01/30) |
6,875 | 7,783,025 | ||||||
|
5.00%, 07/01/40 (Call 07/01/25) |
1,000 | 1,018,979 | ||||||
|
City of Durham NC GO, 5.00%, 07/01/25 |
2,325 | 2,398,770 | ||||||
|
City of Greensboro NC GO |
||||||||
|
5.00%, 10/01/29 (Call 10/01/28) |
5,000 | 5,469,173 | ||||||
|
5.00%, 04/01/41 (Call 04/01/32) |
3,850 | 4,241,961 | ||||||
|
5.00%, 04/01/42 (Call 04/01/32) |
3,920 | 4,300,403 | ||||||
|
5.00%, 04/01/43 (Call 04/01/32) |
2,595 | 2,841,729 | ||||||
|
City of Raleigh NC Combined Enterprise System Revenue RB |
||||||||
|
4.00%, 12/01/35 (10/15/25) |
8,515 | 8,529,807 | ||||||
|
Series A, 4.00%, 03/01/46 (Call 03/01/27) |
6,700 | 6,570,311 | ||||||
|
City of Winston-Salem NC Water & Sewer System Revenue RB, 2.38%, 06/01/41 (06/01/32) |
2,345 | 1,704,711 | ||||||
|
County of Alamance NC GO, 5.00%, 05/01/24 |
6,540 | 6,611,655 | ||||||
|
County of Durham NC GO |
||||||||
|
5.00%, 06/01/25 |
1,205 | 1,242,023 | ||||||
|
5.00%, 06/01/26 |
1,005 | 1,055,561 | ||||||
|
5.00%, 06/01/27 |
1,555 | 1,666,948 | ||||||
|
5.00%, 06/01/32 |
1,695 | 1,975,513 | ||||||
|
5.00%, 06/01/34 (Call 06/01/33) |
2,300 | 2,687,577 | ||||||
|
County of Guilford NC GO, 5.00%, 03/01/25 |
3,735 | 3,830,619 | ||||||
|
County of Mecklenburg NC GO |
||||||||
|
5.00%, 09/01/24 |
7,175 | 7,298,988 | ||||||
|
5.00%, 09/01/27 |
9,830 | 10,596,969 | ||||||
|
5.00%, 12/01/27 |
1,670 | 1,809,167 | ||||||
|
5.00%, 09/01/33 (Call 09/01/32) |
5,000 | 5,834,727 | ||||||
|
County of Union NC GO |
||||||||
|
5.00%, 09/01/35 (09/01/33) |
6,060 | 7,016,604 | ||||||
|
5.00%, 09/01/36 (09/01/33) |
6,720 | 7,692,354 | ||||||
|
5.00%, 09/01/37 (09/01/33) |
5,360 | 6,082,711 | ||||||
|
5.00%, 09/01/38 (09/01/33) |
6,280 | 7,065,467 | ||||||
|
Series C, 5.00%, 09/01/25 |
3,000 | 3,103,875 | ||||||
|
County of Wake NC GO |
||||||||
|
5.00%, 04/01/25 |
6,255 | 6,422,379 | ||||||
|
5.00%, 05/01/34 (Call 05/01/33) |
16,710 | 19,556,627 | ||||||
|
Series C, 5.00%, 03/01/25 |
6,695 | 6,865,415 | ||||||
|
County of Wake NC RB, 5.00%, 03/01/24 |
510 | 514,188 | ||||||
|
North Carolina Capital Facilities Finance Agency RB |
||||||||
|
Series B, 5.00%, 10/01/41 (PR 10/01/25) |
11,000 | 11,385,410 | ||||||
|
Series B, 5.00%, 07/01/42 (Call 10/01/26) |
2,000 | 2,074,938 | ||||||
|
North Carolina Municipal Power Agency No. 1 RB |
||||||||
|
Series A, 5.00%, 01/01/25 |
7,530 | 7,676,623 | ||||||
|
Series A, 5.00%, 01/01/27 (Call 01/01/26) |
2,500 | 2,574,584 | ||||||
|
North Carolina Turnpike Authority RB |
||||||||
|
0.00%, 01/01/44 (Call 01/01/30)(a) |
2,340 | 911,636 | ||||||
|
0.00%, 01/01/49 (Call 01/01/30)(a) |
2,500 | 749,032 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
59 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par |
Value | ||||||
| North Carolina (continued) | ||||||||
|
4.00%, 01/01/41 (Call 01/01/29) (AGM) |
$ | 2,000 | $ | 1,937,070 | ||||
|
4.00%, 01/01/55 (Call 01/01/30) |
2,000 | 1,792,526 | ||||||
|
4.00%, 01/01/55 (Call 01/01/30) (AGM) |
2,000 | 1,835,141 | ||||||
|
5.00%, 01/01/40 (Call 01/01/29) |
2,000 | 2,065,118 | ||||||
|
5.00%, 01/01/44 (Call 01/01/30) |
2,000 | 2,070,749 | ||||||
|
5.00%, 01/01/49 (Call 01/01/30) |
3,800 | 3,927,210 | ||||||
|
5.00%, 01/01/49 (Call 01/01/30) (AGM) |
2,415 | 2,471,736 | ||||||
|
State of North Carolina |
||||||||
|
1.88%, 06/01/39 (Call 06/01/30) |
20,000 | 14,536,598 | ||||||
|
5.00%, 05/01/25 |
8,000 | 8,229,670 | ||||||
|
State of North Carolina GO |
||||||||
|
3.00%, 06/01/35 (Call 06/01/28) |
5,000 | 4,733,776 | ||||||
|
5.00%, 06/01/30 (Call 06/01/29) |
3,950 | 4,396,124 | ||||||
|
Series A, 5.00%, 06/01/25 |
4,000 | 4,120,842 | ||||||
|
Series A, 5.00%, 06/01/26 |
11,515 | 12,097,413 | ||||||
|
Series A, 5.00%, 06/01/27 |
5,530 | 5,930,146 | ||||||
|
Series A, 5.00%, 06/01/27 (Call 06/01/26) |
11,020 | 11,594,617 | ||||||
|
Series A, 5.00%, 06/01/28 (Call 06/01/26) |
5,000 | 5,258,232 | ||||||
|
Series B, 5.00%, 06/01/24 |
11,950 | 12,098,359 | ||||||
|
Series B, 5.00%, 06/01/26 |
12,925 | 13,578,728 | ||||||
|
Series B, 5.00%, 06/01/27 |
1,500 | 1,608,539 | ||||||
|
Series B, 5.00%, 06/01/28 |
11,390 | 12,462,945 | ||||||
|
Series B, 5.00%, 06/01/29 |
1,000 | 1,113,310 | ||||||
|
State of North Carolina RB |
||||||||
|
4.00%, 03/01/34 (Call 03/01/31) |
2,000 | 2,083,995 | ||||||
|
5.00%, 03/01/24 |
6,660 | 6,707,582 | ||||||
|
5.00%, 03/01/25 |
3,500 | 3,582,422 | ||||||
|
5.00%, 03/01/27 |
5,000 | 5,315,587 | ||||||
|
5.00%, 03/01/28 |
19,000 | 20,578,550 | ||||||
|
5.00%, 03/01/30 (Call 03/01/25) |
2,000 | 2,033,384 | ||||||
|
5.00%, 03/01/31 (Call 03/01/29) |
2,500 | 2,748,622 | ||||||
|
5.00%, 03/01/32 (Call 03/01/31) |
1,000 | 1,135,252 | ||||||
|
5.00%, 03/01/33 (Call 03/01/29) |
3,000 | 3,288,004 | ||||||
|
Series A, 4.00%, 05/01/33 (Call 05/01/29) |
1,000 | 1,037,047 | ||||||
|
Series A, 4.00%, 05/01/34 (Call 05/01/29) |
4,960 | 5,135,464 | ||||||
|
Series A, 5.00%, 05/01/24 |
1,440 | 1,455,590 | ||||||
|
Series A, 5.00%, 05/01/32 |
7,855 | 9,066,912 | ||||||
|
Series B, 3.00%, 05/01/32 (Call 05/01/30) |
2,000 | 1,901,296 | ||||||
|
Series B, 5.00%, 05/01/24 |
4,650 | 4,700,645 | ||||||
|
Series B, 5.00%, 05/01/25 |
5,000 | 5,137,837 | ||||||
|
Series B, 5.00%, 05/01/26 |
1,545 | 1,617,156 | ||||||
|
Series B, 5.00%, 06/01/26 |
1,015 | 1,064,156 | ||||||
|
Series B, 5.00%, 05/01/27 |
2,000 | 2,133,154 | ||||||
|
Series B, 5.00%, 05/01/28 (Call 05/01/27) |
6,500 | 6,936,129 | ||||||
|
Series B, 5.00%, 05/01/29 |
1,500 | 1,659,382 | ||||||
|
Series B, 5.00%, 05/01/29 (Call 05/01/27) |
1,000 | 1,067,079 | ||||||
|
Series B, 5.00%, 05/01/30 |
10,915 | 12,269,708 | ||||||
|
Series B, 5.00%, 05/01/31 (Call 05/01/30) |
1,500 | 1,680,916 | ||||||
|
Series B, 5.00%, 05/01/33 (Call 05/01/30) |
3,110 | 3,475,387 | ||||||
|
Series B, 5.00%, 05/01/34 (Call 05/01/30) |
2,500 | 2,788,623 | ||||||
|
Series C, 5.00%, 05/01/27 (Call 05/01/24) |
1,500 | 1,514,291 | ||||||
|
Town of Cary NC GO |
||||||||
|
4.00%, 09/01/32 (Call 09/01/31) |
5,710 | 6,120,595 | ||||||
|
4.00%, 09/01/33 (Call 09/01/31) |
3,535 | 3,761,490 | ||||||
|
|
|
|||||||
| 432,306,316 | ||||||||
| Ohio — 1.4% | ||||||||
|
American Municipal Power Inc. RB |
||||||||
|
4.00%, 02/15/36 (Call 02/15/30) |
4,360 | 4,340,663 | ||||||
|
4.00%, 02/15/42 (Call 02/15/28) |
5,000 | 4,614,639 | ||||||
|
5.00%, 02/15/25 |
2,250 | 2,291,755 | ||||||
| Security |
Par |
Value | ||||||
| Ohio (continued) | ||||||||
|
5.00%, 02/15/33 (Call 02/15/30) |
$ | 2,000 | $ | 2,192,382 | ||||
|
5.00%, 02/15/35 (Call 02/15/30) |
12,000 | 13,067,432 | ||||||
|
Series A, 5.00%, 02/15/46 (Call 02/15/26) |
845 | 851,154 | ||||||
|
Cincinnati City School District GO |
||||||||
|
5.25%, 12/01/25 (NPFGC) |
20 | 20,881 | ||||||
|
5.25%, 12/01/30 (NPFGC) |
1,000 | 1,136,734 | ||||||
|
City of Cleveland OH Income Tax Revenue RB, Series A, 5.00%, 10/01/30 (Call 10/01/23) |
10,035 | 10,047,025 | ||||||
|
City of Columbus OH GO |
||||||||
|
4.00%, 02/15/28 (Call 02/15/24) |
2,600 | 2,606,282 | ||||||
|
4.00%, 04/01/30 |
9,640 | 10,102,832 | ||||||
|
4.00%, 04/01/31 |
4,680 | 4,939,955 | ||||||
|
5.00%, 08/15/34 (Call 08/15/33) |
6,250 | 7,328,772 | ||||||
|
5.00%, 08/15/39 (Call 08/15/33) |
3,000 | 3,348,423 | ||||||
|
Series 1, 5.00%, 07/01/25 |
1,860 | 1,919,684 | ||||||
|
Series 1, 5.00%, 07/01/26 |
1,545 | 1,625,526 | ||||||
|
Series 2017-1, 5.00%, 04/01/24 |
6,240 | 6,300,867 | ||||||
|
Series A, 5.00%, 04/01/25 |
3,000 | 3,083,067 | ||||||
|
Series A, 5.00%, 04/01/26 |
4,535 | 4,747,098 | ||||||
|
Series A, 5.00%, 04/01/28 |
9,955 | 10,829,972 | ||||||
|
Series A, 5.00%, 04/01/30 (Call 10/01/28) |
3,000 | 3,289,414 | ||||||
|
City of Columbus OH Sewerage Revenue RB |
||||||||
|
5.00%, 06/01/28 (Call 12/01/24) |
2,150 | 2,194,364 | ||||||
|
5.00%, 06/01/30 (Call 06/01/26) |
1,565 | 1,635,655 | ||||||
|
5.00%, 06/01/32 (Call 06/01/26) |
2,525 | 2,634,952 | ||||||
|
County
of Franklin OH Sales Tax Revenue RB, |
7,480 | 7,785,046 | ||||||
|
County of Hamilton OH Sales Tax Revenue RB |
||||||||
|
Series A, 4.00%, 12/01/32 (Call 12/01/26) |
1,000 | 1,008,165 | ||||||
|
Series A, 5.00%, 12/01/30 (Call 12/01/26) |
1,000 | 1,048,696 | ||||||
|
Northeast Ohio Regional Sewer District RB |
||||||||
|
3.00%, 11/15/39 (Call 11/15/29) |
2,475 | 2,054,837 | ||||||
|
4.00%, 11/15/49 (PR 11/15/24) |
8,605 | 8,670,784 | ||||||
|
5.00%, 11/15/49 (PR 11/15/24) |
5,795 | 5,906,551 | ||||||
|
Ohio State University (The) RB |
||||||||
|
4.00%, 12/01/39 (Call 12/01/31) |
1,000 | 989,690 | ||||||
|
4.00%, 12/01/43 (Call 12/01/31) |
12,750 | 12,277,827 | ||||||
|
4.00%, 12/01/48 (Call 12/01/31) |
27,085 | 25,386,714 | ||||||
|
5.00%, 12/01/32 (Call 12/01/31) |
1,270 | 1,449,306 | ||||||
|
5.00%, 12/01/35 (Call 12/01/31) |
4,000 | 4,507,068 | ||||||
|
Ohio Turnpike & Infrastructure Commission RB |
||||||||
|
Series A, 4.00%, 02/15/46 (Call 02/15/28) |
32,545 | 29,985,830 | ||||||
|
Series A, 5.00%, 02/15/33 (Call 02/15/28) |
2,000 | 2,149,358 | ||||||
|
Series A, 5.00%, 02/15/46 (Call 02/15/31) |
8,540 | 9,119,938 | ||||||
|
Series A, 5.00%, 02/15/51 (Call 02/15/31) |
6,000 | 6,367,784 | ||||||
|
Series A-2, 0.00%, 02/15/37(a) |
6,880 | 3,928,093 | ||||||
|
Series A-2, 0.00%, 02/15/40(a) |
2,500 | 1,187,694 | ||||||
|
Series A-2, 0.00%, 02/15/41(a) |
7,095 | 3,193,823 | ||||||
|
Series S, 5.70%, 02/15/34 (Call 02/15/31) |
2,145 | 2,524,211 | ||||||
|
Ohio
University RB, Series A,
5.00%, 12/01/44 |
2,000 | 2,051,677 | ||||||
|
Ohio Water Development Authority RB |
||||||||
|
5.00%, 12/01/27 |
1,915 | 2,069,816 | ||||||
|
5.00%, 06/01/28 (Call 03/01/28) |
2,000 | 2,169,719 | ||||||
|
5.00%, 12/01/29 (Call 09/01/29) |
10,545 | 11,731,833 | ||||||
|
5.00%, 12/01/39 (Call 12/01/29) |
5,025 | 5,417,033 | ||||||
|
5.00%, 06/01/44 (Call 12/01/29) |
5,000 | 5,319,908 | ||||||
|
Series A, 5.00%, 12/01/28 |
1,000 | 1,101,380 | ||||||
|
Series A, 5.00%, 06/01/29 (Call 03/01/29) |
6,680 | 7,371,852 | ||||||
|
Series A, 5.00%, 12/01/35 (Call 06/01/31) |
2,000 | 2,250,918 | ||||||
| 60 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| Ohio (continued) | ||||||||
|
Series A, 5.00%, 12/01/36 (Call 06/01/31) |
$ | 1,500 | $ | 1,672,479 | ||||
|
Series A, 5.00%, 12/01/38 (Call 06/01/31) |
1,000 | 1,098,634 | ||||||
|
Ohio Water Development Authority Water Pollution Control Loan Fund RB |
||||||||
|
5.00%, 12/01/23 |
6,155 | 6,179,390 | ||||||
|
5.00%, 12/01/33 (Call 06/01/30) |
1,275 | 1,433,632 | ||||||
|
5.00%, 12/01/40 (06/01/33) |
7,320 | 8,118,609 | ||||||
|
5.00%, 12/01/41 (06/01/33) |
5,870 | 6,484,760 | ||||||
|
Series A, 5.00%, 06/01/29 (Call 06/01/27) |
10,000 | 10,676,952 | ||||||
|
Series A, 5.00%, 06/01/32 (Call 06/01/30) |
7,480 | 8,420,596 | ||||||
|
Series A, 5.00%, 12/01/46 (Call 12/01/31) |
1,580 | 1,702,627 | ||||||
|
Series A, 5.00%, 12/01/50 (Call 06/01/30) |
8,780 | 9,285,603 | ||||||
|
Series B, 3.00%, 12/01/34 (Call 12/01/29) |
1,500 | 1,399,024 | ||||||
|
Series B, 5.00%, 12/01/37 (Call 12/01/29) |
1,500 | 1,629,961 | ||||||
|
Series B, 5.00%, 12/01/44 (Call 12/01/29) |
12,815 | 13,631,227 | ||||||
|
State of Ohio GO |
||||||||
|
5.00%, 03/15/29 (Call 03/15/24) |
3,515 | 3,543,373 | ||||||
|
5.00%, 09/15/31 |
2,000 | 2,289,109 | ||||||
|
5.00%, 05/01/33 (Call 05/01/25) |
5,050 | 5,182,904 | ||||||
|
5.00%, 05/01/34 (Call 05/01/25) |
5,000 | 5,129,149 | ||||||
|
5.00%, 03/01/35 (Call 03/01/32) |
1,125 | 1,283,487 | ||||||
|
5.00%, 05/01/35 (Call 05/01/25) |
4,950 | 5,073,033 | ||||||
|
5.00%, 02/01/37 (Call 02/01/26) |
5,000 | 5,153,871 | ||||||
|
Series A, 5.00%, 12/15/23 |
7,425 | 7,458,273 | ||||||
|
Series A, 5.00%, 09/15/24 |
2,250 | 2,287,925 | ||||||
|
Series A, 5.00%, 06/15/36 (Call 06/15/31) |
2,500 | 2,795,343 | ||||||
|
Series B, 5.00%, 09/15/23 |
10,000 | 10,004,396 | ||||||
|
Series B, 5.00%, 09/15/24 |
1,615 | 1,642,221 | ||||||
|
Series B, 5.00%, 09/15/25 |
5,480 | 5,670,699 | ||||||
|
Series B, 5.00%, 09/15/26 |
5,105 | 5,386,571 | ||||||
|
Series B, 5.00%, 09/15/27 |
1,500 | 1,612,962 | ||||||
|
Series B, 5.00%, 09/01/28 |
3,520 | 3,852,251 | ||||||
|
Series B, 5.00%, 09/15/29 |
7,670 | 8,535,790 | ||||||
|
Series B, 5.00%, 02/01/31 |
2,000 | 2,267,858 | ||||||
|
Series C, 5.00%, 03/15/26 |
4,475 | 4,674,623 | ||||||
|
Series C, 5.00%, 08/01/26 |
2,325 | 2,447,139 | ||||||
|
Series C, 5.00%, 08/01/27 |
1,430 | 1,533,928 | ||||||
|
Series C, 5.00%, 08/01/28 |
7,770 | 8,489,646 | ||||||
|
Series C, 5.00%, 08/01/28 (ETM) |
735 | 805,537 | ||||||
|
Series S, 5.00%, 05/01/25 |
2,045 | 2,102,709 | ||||||
|
State of Ohio RB |
||||||||
|
5.00%, 12/15/28 (Call 06/15/26) |
7,500 | 7,866,596 | ||||||
|
Series 1, 5.00%, 12/15/29 (Call 06/15/26) |
1,000 | 1,048,336 | ||||||
|
Upper Arlington City School District GO, Series A, 5.00%, 12/01/48 (PR 12/01/27) |
1,000 | 1,081,673 | ||||||
|
|
|
|||||||
| 455,127,975 | ||||||||
| Oklahoma — 0.3% | ||||||||
|
Grand River Dam Authority RB |
||||||||
|
Series A, 5.00%, 06/01/27 (Call 12/01/26) |
2,655 | 2,795,960 | ||||||
|
Series A, 5.00%, 06/01/28 (Call 12/01/26) |
1,530 | 1,613,159 | ||||||
|
Series A, 5.00%, 06/01/29 (Call 12/01/26) |
5,365 | 5,648,152 | ||||||
|
Series A, 5.00%, 06/01/30 (Call 12/01/26) |
1,000 | 1,050,892 | ||||||
|
Series A, 5.00%, 06/01/39 (Call 06/01/24) |
2,000 | 2,016,208 | ||||||
|
Oklahoma Municipal Power Authority RB, Series A, 4.00%, 01/01/47 (Call 01/01/31) (AGM) |
9,000 | 8,526,786 | ||||||
|
Oklahoma Turnpike Authority RB |
||||||||
|
4.00%, 01/01/36 (01/01/26) |
5,105 | 5,116,346 | ||||||
|
Series A, 4.00%, 01/01/47 (Call 01/01/26) |
2,000 | 1,930,835 | ||||||
|
Series A, 4.00%, 01/01/48 (Call 01/01/27) |
3,500 | 3,365,509 | ||||||
|
Series A, 5.00%, 01/01/42 (Call 01/01/26) |
6,015 | 6,126,690 | ||||||
| Security |
Par (000) |
Value | ||||||
| Oklahoma (continued) | ||||||||
|
Series A, 5.00%, 01/01/43 (Call 01/01/27) |
$ | 2,355 | $ | 2,429,537 | ||||
|
Series C, 4.00%, 01/01/42 (Call 01/01/27) |
2,000 | 1,951,894 | ||||||
|
Series C, 5.00%, 01/01/47 (Call 01/01/27) |
3,715 | 3,818,291 | ||||||
|
Series D, 5.00%, 01/01/25 |
2,310 | 2,358,889 | ||||||
|
Oklahoma Water Resources Board RB |
||||||||
|
4.00%, 04/01/47 (Call 04/01/31) (OK CERF) |
18,250 | 17,661,104 | ||||||
|
4.00%, 04/01/48 (Call 04/01/33) |
3,000 | 2,894,917 | ||||||
|
Series B, 5.00%, 10/01/51 (Call 10/01/32) |
15,250 | 16,428,517 | ||||||
|
University of Oklahoma (The) RB, Series C, 4.00%, 07/01/45 (Call 07/01/25) |
2,000 | 1,840,852 | ||||||
|
|
|
|||||||
| 87,574,538 | ||||||||
|
Oregon — 1.2% |
||||||||
|
City of Portland OR Sewer System Revenue |
||||||||
|
5.00%, 03/01/31 (Call 09/01/29) |
2,625 | 2,916,109 | ||||||
|
5.00%, 12/01/34 (Call 06/01/33) |
14,690 | 16,994,657 | ||||||
|
City of Portland OR Sewer System Revenue RB |
||||||||
|
5.00%, 12/01/29 |
15,240 | 17,017,589 | ||||||
|
5.00%, 12/01/41 (Call 06/01/33) |
10,000 | 10,961,588 | ||||||
|
Series A, 5.00%, 03/01/34 (Call 09/01/29) |
7,525 | 8,343,938 | ||||||
|
Clackamas & Washington Counties School District No. 3 GO, 5.00%, 06/15/32 (Call 06/15/25) (GTD) |
1,000 | 1,030,519 | ||||||
|
Clackamas County School District No. 12 North Clackamas GO |
||||||||
|
Series B, 5.00%, 06/15/33 (Call 06/15/27) (GTD) |
1,710 | 1,814,235 | ||||||
|
Series B, 5.00%, 06/15/37 (Call 06/15/27) (GTD) |
1,480 | 1,549,822 | ||||||
|
Clackamas County School District No. 7J Lake Oswego GO, 4.00%, 06/01/39 (Call 06/01/27) (GTD) |
6,000 | 5,964,040 | ||||||
|
County of Multnomah OR GO |
||||||||
|
5.00%, 06/15/29 |
10,000 | 11,095,367 | ||||||
|
Series A, 5.00%, 06/15/27 |
30,000 | 32,130,585 | ||||||
|
Series A, 5.00%, 06/15/28 |
39,990 | 43,698,177 | ||||||
|
Hillsboro School District No. 1J GO, 5.00%, 06/15/38 (Call 06/15/27) (GTD) |
2,250 | 2,348,876 | ||||||
|
Multnomah County School District No. 1 Portland/OR GO |
||||||||
|
5.00%, 06/15/24 (GTD) |
13,600 | 13,774,617 | ||||||
|
5.00%, 06/15/27 (GTD) |
2,505 | 2,683,830 | ||||||
|
5.00%, 06/15/29 (GTD) |
5,000 | 5,558,921 | ||||||
|
Multnomah County School District No. 40 GO, 0.00%, 06/15/51 (Call 06/15/33) (GTD) |
15,270 | 3,627,384 | ||||||
|
Oregon Health & Science University RB, Series B, 4.00%, 07/01/46 (Call 07/01/26) |
2,000 | 1,888,593 | ||||||
|
Oregon State Lottery RB |
||||||||
|
Series C, 5.00%, 04/01/25 (Call 04/01/24) |
9,975 | 10,071,856 | ||||||
|
Series D, 5.00%, 04/01/27 (Call 04/01/25) (MO) |
3,000 | 3,077,684 | ||||||
|
Series D, 5.00%, 04/01/29 (Call 04/01/25) (MO) |
2,000 | 2,050,861 | ||||||
|
Portland Community College District GO, 5.00%, 06/15/29 (Call 06/15/26) |
2,400 | 2,514,702 | ||||||
|
Salem-Keizer School District No. 24J GO |
||||||||
|
5.00%, 06/15/36 (Call 06/15/28) (GTD) |
1,250 | 1,332,512 | ||||||
|
5.00%, 06/15/37 (Call 06/15/28) (GTD) |
5,000 | 5,298,128 | ||||||
|
5.00%, 06/15/38 (Call 06/15/28) (GTD) |
1,000 | 1,056,896 | ||||||
|
5.00%, 06/15/39 (Call 06/15/28) (GTD) |
1,000 | 1,054,309 | ||||||
|
State of Oregon Department of Transportation RB |
||||||||
|
4.00%, 11/15/32 (PR 11/15/24) |
26,165 | 26,380,325 | ||||||
|
Series A, 4.00%, 11/15/42 (Call 11/15/29) |
14,000 | 13,605,337 | ||||||
|
Series A, 5.00%, 11/15/23 |
5,170 | 5,186,827 | ||||||
|
Series A, 5.00%, 11/15/24 |
7,785 | 7,942,476 | ||||||
|
Series A, 5.00%, 11/15/27 (PR 11/15/24) |
4,320 | 4,404,514 | ||||||
|
Series A, 5.00%, 11/15/28 (PR 11/15/24) |
3,630 | 3,702,017 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
61 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| Oregon (continued) | ||||||||
|
Series A, 5.00%, 11/15/29 (PR 11/15/24) |
$ | 2,000 | $ | 2,039,679 | ||||
|
Series A, 5.00%, 11/15/31 (PR 11/15/24) |
19,765 | 20,157,124 | ||||||
|
Series A, 5.00%, 11/15/35 (Call 11/15/29) |
1,000 | 1,104,046 | ||||||
|
Series A, 5.00%, 11/15/36 (Call 11/15/29) |
13,665 | 14,958,212 | ||||||
|
Series A, 5.00%, 11/15/37 (Call 11/15/29) |
2,025 | 2,201,771 | ||||||
|
Series A, 5.00%, 11/15/38 (PR 11/15/23) |
2,000 | 2,006,508 | ||||||
|
Series A, 5.00%, 11/15/42 (Call 11/15/29) |
8,195 | 8,771,364 | ||||||
|
State of Oregon GO |
||||||||
|
4.00%, 05/01/38 (Call 05/01/31) |
5,000 | 4,980,125 | ||||||
|
4.00%, 05/01/39 (Call 05/01/31) |
3,000 | 2,965,972 | ||||||
|
4.00%, 05/01/41 (Call 05/01/31) |
4,845 | 4,729,842 | ||||||
|
5.00%, 05/01/29 |
2,500 | 2,769,758 | ||||||
|
5.00%, 05/01/30 |
3,000 | 3,368,486 | ||||||
|
5.00%, 05/01/35 (Call 05/01/31) |
3,040 | 3,431,892 | ||||||
|
5.00%, 05/01/35 (Call 05/01/33) |
2,500 | 2,893,992 | ||||||
|
5.00%, 05/01/39 (Call 05/01/33) |
2,250 | 2,504,901 | ||||||
|
5.00%, 06/01/40 (Call 06/01/31) |
2,815 | 3,070,856 | ||||||
|
5.00%, 05/01/42 (Call 05/01/33) |
5,045 | 5,530,283 | ||||||
|
Series A, 5.00%, 05/01/42 (Call 05/01/27) |
1,150 | 1,194,241 | ||||||
|
Series A, 5.00%, 05/01/44 (Call 05/01/29) |
5,060 | 5,350,206 | ||||||
|
Series F, 5.00%, 05/01/33 (Call 05/01/26) |
7,000 | 7,314,172 | ||||||
|
Series K, 5.00%, 11/01/24 |
1,395 | 1,422,593 | ||||||
|
Series L, 5.00%, 08/01/42 (Call 08/01/27) |
1,500 | 1,559,167 | ||||||
|
Series N, 5.00%, 05/01/24 |
1,195 | 1,208,326 | ||||||
|
Tri-County Metropolitan Transportation District of Oregon RB, Series A, 5.00%, 09/01/48 (PR 09/01/27) |
1,000 | 1,074,511 | ||||||
|
Washington & Multnomah Counties School District No. 48J Beaverton GO |
||||||||
|
Series D, 5.00%, 06/15/35 (Call 06/15/27) (GTD) |
2,500 | 2,645,094 | ||||||
|
Series D, 5.00%, 06/15/36 (Call 06/15/27) (GTD) |
2,500 | 2,629,668 | ||||||
|
|
|
|||||||
| 382,960,080 | ||||||||
| Pennsylvania — 2.9% | ||||||||
|
Allegheny County Sanitary Authority RB, 5.00%, 06/01/43 (Call 06/01/28) |
7,785 | 8,118,723 | ||||||
|
City of Philadelphia PA Airport Revenue RB, Series A, 5.00%, 07/01/47 (Call 07/01/27) |
1,000 | 1,017,765 | ||||||
|
City of Philadelphia PA GO |
||||||||
|
5.00%, 05/01/36 (05/01/31) |
6,560 | 7,132,283 | ||||||
|
Series A, 5.00%, 08/01/26 |
1,500 | 1,570,288 | ||||||
|
Series A, 5.00%, 05/01/35 (Call 05/01/31) |
3,565 | 3,930,008 | ||||||
|
City of Philadelphia PA Water & Wastewater Revenue RB |
||||||||
|
5.00%, 11/01/30 (11/01/27) |
14,700 | 15,685,675 | ||||||
|
Series A, 5.00%, 10/01/42 (Call 10/01/27) |
16,160 | 16,747,663 | ||||||
|
Series A, 5.00%, 07/01/45 (PR 07/01/24) |
9,755 | 9,883,479 | ||||||
|
Series A, 5.00%, 11/01/45 (Call 11/01/30) |
5,395 | 5,615,006 | ||||||
|
Series A, 5.00%, 10/01/47 (Call 10/01/27) |
18,475 | 18,939,524 | ||||||
|
Series A, 5.00%, 10/01/48 (Call 10/01/28) |
4,000 | 4,109,510 | ||||||
|
Series A, 5.00%, 11/01/50 (Call 11/01/30) |
15,680 | 16,227,964 | ||||||
|
Series A, 5.00%, 10/01/52 (Call 10/01/27) |
1,000 | 1,020,295 | ||||||
|
Series B, 5.00%, 11/01/44 (Call 11/01/29) |
3,000 | 3,120,848 | ||||||
|
Series B, 5.00%, 11/01/49 (Call 11/01/29) |
4,000 | 4,125,936 | ||||||
|
Series B, 5.00%, 11/01/54 (Call 11/01/29) |
2,755 | 2,834,095 | ||||||
|
Series C, 4.00%, 10/01/51 (Call 10/01/31) |
10,000 | 8,869,681 | ||||||
|
Commonwealth of Pennsylvania GO |
||||||||
|
4.13%, 10/01/41 (10/01/32) |
10,150 | 10,011,532 | ||||||
|
5.00%, 05/01/24 |
16,145 | 16,322,942 | ||||||
|
5.00%, 07/15/26 |
2,000 | 2,103,715 | ||||||
|
5.00%, 07/15/27 |
14,880 | 15,952,681 | ||||||
| Security |
Par (000) |
Value | ||||||
| Pennsylvania (continued) | ||||||||
|
5.00%, 07/15/28 |
$ | 2,000 | $ | 2,183,362 | ||||
|
5.00%, 07/15/29 |
7,300 | 8,089,802 | ||||||
|
5.00%, 09/15/29 (Call 09/15/26) |
4,000 | 4,223,920 | ||||||
|
5.00%, 10/01/31 |
5,320 | 6,039,259 | ||||||
|
5.00%, 10/01/33 (Call 10/01/32) |
5,000 | 5,757,905 | ||||||
|
5.00%, 10/01/38 (Call 10/01/32) |
2,075 | 2,301,226 | ||||||
|
5.00%, 10/01/40 (Call 10/01/32) |
44,375 | 48,775,056 | ||||||
|
5.00%, 10/01/42 (Call 10/01/32) |
33,700 | 36,769,807 | ||||||
|
First Series, 2.00%, 05/15/38 (Call 05/15/31) |
10,000 | 7,051,138 | ||||||
|
First Series, 2.00%, 05/15/39 (Call 05/15/31) |
10,000 | 6,794,726 | ||||||
|
First Series, 3.00%, 05/15/34 (Call 05/15/31) |
4,500 | 4,160,995 | ||||||
|
First Series, 4.00%, 04/01/29 (Call 10/02/23) |
15,000 | 15,008,533 | ||||||
|
First Series, 4.00%, 01/01/30 (Call 01/01/27) |
3,000 | 3,056,468 | ||||||
|
First Series, 4.00%, 04/01/32 (Call 10/02/23) |
7,500 | 7,503,347 | ||||||
|
First Series, 4.00%, 06/15/33 (Call 06/15/24) |
1,000 | 1,005,159 | ||||||
|
First Series, 4.00%, 03/15/34 (Call 03/15/25) |
2,000 | 2,013,009 | ||||||
|
First Series, 4.00%, 03/01/36 (Call 03/01/28) |
8,085 | 8,188,642 | ||||||
|
First Series, 4.00%, 03/01/37 (Call 03/01/28) |
3,000 | 3,016,793 | ||||||
|
First Series, 4.00%, 03/01/38 (Call 03/01/28) |
4,515 | 4,499,698 | ||||||
|
First Series, 5.00%, 01/01/24 |
1,855 | 1,864,736 | ||||||
|
First Series, 5.00%, 03/01/24 |
9,740 | 9,818,558 | ||||||
|
First Series, 5.00%, 06/15/24 |
2,000 | 2,025,525 | ||||||
|
First Series, 5.00%, 07/01/24 |
2,005 | 2,032,060 | ||||||
|
First Series, 5.00%, 08/15/24 |
1,500 | 1,523,319 | ||||||
|
First Series, 5.00%, 09/15/24 |
4,845 | 4,927,156 | ||||||
|
First Series, 5.00%, 08/15/25 |
9,000 | 9,295,595 | ||||||
|
First Series, 5.00%, 09/15/25 |
1,620 | 1,676,374 | ||||||
|
First Series, 5.00%, 01/01/27 |
3,500 | 3,712,098 | ||||||
|
First Series, 5.00%, 01/01/28 (Call 01/01/27) |
12,000 | 12,742,736 | ||||||
|
First Series, 5.00%, 05/15/28 |
9,235 | 10,049,410 | ||||||
|
First Series, 5.00%, 05/15/30 |
4,500 | 5,038,404 | ||||||
|
First Series, 5.00%, 03/15/31 (Call 03/15/25) |
8,400 | 8,611,772 | ||||||
|
First Series, 5.00%, 05/15/31 |
5,000 | 5,646,798 | ||||||
|
First Series, 5.00%, 03/01/32 (Call 03/01/28) |
4,000 | 4,323,652 | ||||||
|
First Series 2020, 5.00%, 05/01/26 |
12,655 | 13,255,907 | ||||||
|
Second Series, 4.00%, 09/15/30 (Call 09/15/26) |
5,000 | 5,066,947 | ||||||
|
Second Series, 5.00%, 10/15/23 |
1,290 | 1,292,297 | ||||||
|
Second Series, 5.00%, 01/15/24 |
1,570 | 1,579,263 | ||||||
|
Second Series, 5.00%, 09/15/24 |
1,630 | 1,657,640 | ||||||
|
Second Series, 5.00%, 01/15/25 |
1,365 | 1,395,881 | ||||||
|
Second Series, 5.00%, 09/15/25 |
1,575 | 1,629,808 | ||||||
|
Second Series, 5.00%, 10/15/26 (Call 10/15/23) |
1,020 | 1,021,874 | ||||||
|
Second Series, 5.00%, 01/15/27 |
4,700 | 4,988,689 | ||||||
|
Second Series, 5.00%, 09/15/27 (Call 09/15/26) |
5,475 | 5,758,797 | ||||||
|
Second Series, 5.00%, 09/15/28 (Call 09/15/26) |
2,400 | 2,530,794 | ||||||
|
Second Series, 5.00%, 10/15/29 (Call 10/15/23) |
2,400 | 2,403,976 | ||||||
|
Second Series, 5.00%, 10/15/30 (Call 10/15/23) |
1,000 | 1,002,098 | ||||||
|
Second Series, 5.00%, 10/15/31 (Call 10/15/23) |
3,450 | 3,457,237 | ||||||
|
Second Series, 5.00%, 10/15/32 (Call 10/15/23) |
2,500 | 2,505,188 | ||||||
|
Series D, 4.00%, 08/15/28 (Call 08/15/25) (AGM) |
10,010 | 10,095,332 | ||||||
|
Series D, 4.00%, 08/15/33 (Call 08/15/25) |
3,000 | 3,026,356 | ||||||
|
County of Allegheny PA GO |
||||||||
|
Series C-75, 5.00%, 11/01/27 (Call 11/01/26) |
2,185 | 2,295,177 | ||||||
|
Series C76, 5.00%, 11/01/41 (Call 11/01/26) |
1,500 | 1,552,404 | ||||||
|
Series C-78, 4.00%, 11/01/49 (Call 11/01/30) |
1,160 | 1,066,335 | ||||||
|
County of Montgomery PA GO, Series A, 5.00%, 01/01/39 (Call 01/01/31) |
7,175 | 7,895,267 | ||||||
|
County of Montgomery PA GOL |
||||||||
|
5.00%, 07/01/34 (Call 07/01/32) |
1,940 | 2,258,762 | ||||||
|
5.00%, 07/01/36 (Call 07/01/32) |
5,595 | 6,388,210 | ||||||
| 62 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| Pennsylvania (continued) | ||||||||
|
Delaware River Joint Toll Bridge Commission RB |
||||||||
|
5.00%, 07/01/42 (Call 07/01/27) |
$ | 1,565 | $ | 1,618,202 | ||||
|
5.00%, 07/01/47 (Call 07/01/27) |
4,250 | 4,366,661 | ||||||
|
Delaware River Port Authority RB |
||||||||
|
5.00%, 01/01/30 (Call 01/01/24) |
1,660 | 1,668,498 | ||||||
|
5.00%, 01/01/33 (PR 01/01/24) |
2,570 | 2,583,156 | ||||||
|
5.00%, 01/01/40 (Call 01/01/24) |
1,515 | 1,518,734 | ||||||
|
Series A, 5.00%, 01/01/39 (Call 01/01/29) |
875 | 925,833 | ||||||
|
Series B, 5.00%, 01/01/26 |
1,815 | 1,883,340 | ||||||
|
Delaware Valley Regional Finance Authority RB, Series A, 5.50%, 08/01/28 (AMBAC) |
2,730 | 3,005,436 | ||||||
|
Lower Merion School District GOL, 5.00%, 11/15/26 (SAW) |
5,980 | 6,335,910 | ||||||
|
Pennsylvania Higher Educational Facilities Authority RB |
||||||||
|
4.00%, 08/15/32 (Call 08/15/26) |
3,045 | 3,086,368 | ||||||
|
4.00%, 08/15/41 (Call 02/15/27) |
3,555 | 3,445,771 | ||||||
|
4.00%, 02/15/43 (Call 02/15/28) |
5,980 | 5,759,043 | ||||||
|
5.00%, 02/15/48 (Call 02/15/28) |
14,040 | 14,595,938 | ||||||
|
Pennsylvania State University (The) RB |
||||||||
|
5.00%, 09/01/42 (Call 09/01/27) |
15,750 | 16,319,437 | ||||||
|
5.25%, 09/01/48 (09/01/33) |
4,000 | 4,387,730 | ||||||
|
5.25%, 09/01/52 (Call 09/01/32) |
26,350 | 28,531,567 | ||||||
|
5.25%, 09/01/53 (09/01/33) |
4,800 | 5,227,999 | ||||||
|
Series A, 5.00%, 09/01/47 (Call 09/01/27) |
4,650 | 4,792,655 | ||||||
|
Pennsylvania Turnpike Commission Oil Franchise Tax Revenue, Series A, 5.00%, 12/01/48 (Call 12/01/28) |
1,000 | 1,033,211 | ||||||
|
Pennsylvania Turnpike Commission RB |
||||||||
|
4.75%, 12/01/37 (Call 12/01/26) |
2,000 | 2,046,467 | ||||||
|
5.00%, 12/01/23 |
3,995 | 4,009,098 | ||||||
|
5.00%, 06/01/24 |
10,000 | 10,100,000 | ||||||
|
5.00%, 12/01/25 |
1,050 | 1,088,110 | ||||||
|
5.00%, 12/01/31 (Call 12/01/27) |
1,500 | 1,616,969 | ||||||
|
5.00%, 12/01/32 |
6,750 | 7,731,023 | ||||||
|
5.00%, 12/01/33 (Call 06/01/33) |
8,000 | 9,133,465 | ||||||
|
5.00%, 12/01/34 (Call 12/01/24) |
3,000 | 3,045,448 | ||||||
|
5.00%, 12/01/34 (Call 06/01/33) |
2,750 | 3,091,032 | ||||||
|
5.00%, 12/01/35 (Call 06/01/33) |
1,500 | 1,667,329 | ||||||
|
5.00%, 12/01/36 (Call 06/01/33) |
1,000 | 1,100,428 | ||||||
|
5.00%, 12/01/38 (Call 06/01/33) |
1,500 | 1,624,775 | ||||||
|
5.00%, 12/01/39 (Call 06/01/33) |
875 | 943,156 | ||||||
|
5.00%, 12/01/40 (Call 06/01/33) |
1,000 | 1,064,955 | ||||||
|
5.00%, 12/01/43 (Call 06/01/33) |
1,345 | 1,420,846 | ||||||
|
5.00%, 12/01/47 (Call 12/01/32) |
3,900 | 4,047,925 | ||||||
|
5.25%, 12/01/52 (Call 12/01/32) |
1,500 | 1,612,244 | ||||||
|
Second Series, 5.00%, 12/01/35 (Call 12/01/27) |
4,500 | 4,720,233 | ||||||
|
Second Series, 5.00%, 12/01/36 (Call 12/01/27) |
1,130 | 1,179,040 | ||||||
|
Series A, 4.00%, 12/01/43 (Call 12/01/30) |
2,000 | 1,920,690 | ||||||
|
Series A, 4.00%, 12/01/44 (Call 12/01/30) |
10,725 | 10,115,262 | ||||||
|
Series A, 4.00%, 12/01/45 (Call 12/01/30) |
14,595 | 13,642,475 | ||||||
|
Series A, 4.00%, 12/01/46 (Call 12/01/30) |
3,300 | 3,066,678 | ||||||
|
Series A, 4.00%, 12/01/49 (Call 12/01/29) |
2,500 | 2,285,312 | ||||||
|
Series A, 4.00%, 12/01/49 (Call 12/01/29) (AGM) |
3,500 | 3,249,563 | ||||||
|
Series A, 4.00%, 12/01/50 (Call 12/01/30) |
13,545 | 12,333,224 | ||||||
|
Series A, 5.00%, 12/01/30 (Call 12/01/26) |
3,840 | 4,025,636 | ||||||
|
Series A, 5.00%, 12/01/37 (Call 12/01/29) |
1,500 | 1,573,017 | ||||||
|
Series A, 5.00%, 12/01/39 (Call 12/01/29) |
10,000 | 10,437,491 | ||||||
|
Series A, 5.00%, 12/01/44 (Call 12/01/24) |
6,495 | 6,536,487 | ||||||
|
Series A, 5.00%, 12/01/44 (Call 12/01/29) |
5,780 | 5,919,155 | ||||||
|
Series A-1, 5.00%, 12/01/26 (Call 06/01/25) |
1,060 | 1,091,829 | ||||||
|
Series A-1, 5.00%, 12/01/38 (Call 12/01/24) |
1,500 | 1,509,889 | ||||||
| Security |
Par (000) |
Value | ||||||
| Pennsylvania (continued) | ||||||||
|
Series A-1, 5.00%, 12/01/40 (Call 06/01/25) |
$ | 7,000 | $ | 7,087,480 | ||||
|
Series A-1, 5.00%, 12/01/42 (Call 12/01/27) |
2,500 | 2,584,721 | ||||||
|
Series A-1, 5.00%, 12/01/46 (Call 06/01/26) |
29,975 | 30,572,552 | ||||||
|
Series A-2, 5.00%, 12/01/43 (Call 12/01/28) |
4,000 | 4,174,665 | ||||||
|
Series A-2, 5.00%, 12/01/48 (Call 12/01/28) |
4,000 | 4,134,741 | ||||||
|
Series B, 4.00%, 12/01/46 (Call 12/01/31) |
1,000 | 929,296 | ||||||
|
Series B, 4.00%, 12/01/51 (Call 12/01/31) |
4,700 | 4,313,082 | ||||||
|
Series B, 5.00%, 12/01/40 (Call 12/01/25) |
2,000 | 2,038,310 | ||||||
|
Series B, 5.00%, 12/01/45 (Call 12/01/25) |
8,690 | 8,821,669 | ||||||
|
Series B, 5.00%, 12/01/46 (Call 06/01/31) |
9,150 | 9,633,972 | ||||||
|
Series B, 5.00%, 12/01/50 (Call 12/01/30) |
2,000 | 2,080,475 | ||||||
|
Series B, 5.00%, 12/01/51 (Call 06/01/31) |
8,660 | 9,055,750 | ||||||
|
Series B-1, 5.00%, 06/01/42 (Call 06/01/27) |
2,000 | 2,047,424 | ||||||
|
Series B-2, 5.00%, 06/01/28 (Call 06/01/27) |
2,500 | 2,652,110 | ||||||
|
Series B-2, 5.00%, 06/01/32 (Call 06/01/27) |
2,500 | 2,646,453 | ||||||
|
Series C, 5.00%, 12/01/39 (Call 12/01/24) |
3,040 | 3,082,660 | ||||||
|
Series C, 5.00%, 12/01/43 (Call 12/01/23) |
1,445 | 1,448,118 | ||||||
|
Series C, 5.00%, 12/01/43 (PR 12/01/23) |
5,940 | 5,960,962 | ||||||
|
Series C, 5.00%, 12/01/44 (Call 12/01/24) |
3,000 | 3,033,604 | ||||||
|
Series E, 0.00%, 12/01/37 (Call 12/01/35) |
2,500 | 2,279,867 | ||||||
|
Series E, 6.00%, 12/01/30 (Call 12/01/27) |
710 | 789,546 | ||||||
|
Series E, 6.38%, 12/01/38 (Call 12/01/27) |
1,265 | 1,378,148 | ||||||
|
Philadelphia Gas Works Co. RB, 5.00%, 08/01/47 (Call 08/01/27) |
1,500 | 1,520,346 | ||||||
|
Pittsburgh Water & Sewer Authority RB |
||||||||
|
5.00%, 09/01/35 (09/01/33) (AGM) |
16,000 | 18,304,326 | ||||||
|
5.00%, 09/01/36 (09/01/33) (AGM) |
5,000 | 5,646,216 | ||||||
|
5.00%, 09/01/37 (09/01/33) (AGM) |
4,250 | 4,739,132 | ||||||
|
5.00%, 09/01/38 (09/01/33) (AGM) |
4,000 | 4,415,107 | ||||||
|
Series A, 5.00%, 09/01/44 (Call 09/01/29) (AGM) |
1,000 | 1,050,454 | ||||||
|
School District of Philadelphia (The) GOL, Series A, 5.00%, 09/01/44 (Call 09/01/29) (SAW) |
6,555 | 6,766,019 | ||||||
|
State Public School Building Authority RB |
||||||||
|
5.50%, 06/01/28 (AGM, SAW) |
470 | 518,043 | ||||||
|
Series A, 5.00%, 06/01/31 (Call 12/01/26) (AGM, SAW) |
2,000 | 2,075,602 | ||||||
|
University of Pittsburgh-of the Commonwealth System of Higher Education RB, 4.00%, 04/15/26 (Call 02/15/26) |
19,435 | 19,772,267 | ||||||
|
Upper Merion Area School District/PA GOL |
||||||||
|
Series A, 4.00%, 01/15/46 (Call 01/15/29) (SAW) |
9,000 | 8,581,994 | ||||||
|
Series A, 4.00%, 01/15/51 (Call 01/15/29) (SAW) |
7,870 | 7,296,991 | ||||||
|
|
|
|||||||
| 958,657,732 | ||||||||
| Rhode Island — 0.1% | ||||||||
|
Rhode Island Commerce Corp. RB |
||||||||
|
Series B, 5.00%, 06/15/26 |
2,500 | 2,611,607 | ||||||
|
Series B, 5.00%, 06/15/27 (Call 06/15/26) |
11,855 | 12,325,437 | ||||||
|
Series B, 5.00%, 06/15/31 (Call 06/15/26) |
2,500 | 2,591,151 | ||||||
|
Rhode Island Health and Educational Building Corp. RB |
||||||||
|
Series A, 4.00%, 09/01/37 (Call 09/01/27) |
4,500 | 4,513,671 | ||||||
|
Series A, 5.00%, 09/01/29 (Call 09/01/27) |
3,490 | 3,751,488 | ||||||
|
|
|
|||||||
| 25,793,354 | ||||||||
| South Carolina — 0.6% | ||||||||
|
Charleston Educational Excellence Finance Corp. RB |
||||||||
|
5.00%, 12/01/25 (Call 12/01/23) |
2,800 | 2,811,231 | ||||||
|
5.00%, 12/01/26 (Call 12/01/23) |
4,750 | 4,769,052 | ||||||
|
5.00%, 12/01/30 (Call 12/01/23) |
2,000 | 2,008,022 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
63 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par |
Value | ||||||
| South Carolina (continued) | ||||||||
|
City of Charleston SC Waterworks & Sewer System Revenue RB, 5.00%, 01/01/47 (Call 07/01/32) |
$ | 7,500 | $ | 8,117,889 | ||||
|
City of Columbia SC Waterworks & Sewer System Revenue RB, Series A, 5.00%, 02/01/49 (Call 02/01/29) |
2,500 | 2,749,307 | ||||||
|
County of Charleston SC, 4.00%, 11/01/28 (Call 11/01/27) (SAW) |
11,800 | 12,290,279 | ||||||
|
County of Charleston SC GO, 4.00%, 11/01/33 (Call 11/01/27) (SAW) |
6,255 | 6,400,009 | ||||||
|
South Carolina Public Service Authority RB |
||||||||
|
5.00%, 12/01/38 (Call 12/01/23) |
3,020 | 3,021,666 | ||||||
|
Series A, 4.00%, 12/01/34 (Call 12/01/31) |
2,000 | 1,998,280 | ||||||
|
Series A, 4.00%, 12/01/35 (Call 12/01/31) |
1,750 | 1,749,626 | ||||||
|
Series A, 4.00%, 12/01/38 (Call 06/01/32) |
1,000 | 973,755 | ||||||
|
Series A, 4.00%, 12/01/40 (Call 12/01/30) |
3,000 | 2,860,601 | ||||||
|
Series A, 4.00%, 12/01/41 (Call 06/01/32) |
2,000 | 1,885,285 | ||||||
|
Series A, 4.00%, 12/01/47 (Call 06/01/32) |
7,000 | 6,313,687 | ||||||
|
Series A, 4.00%, 12/01/52 (Call 06/01/32) |
10,000 | 8,820,043 | ||||||
|
Series A, 5.00%, 12/01/31 |
3,000 | 3,270,773 | ||||||
|
Series A, 5.00%, 12/01/31 (Call 06/01/26) |
2,000 | 2,058,221 | ||||||
|
Series A, 5.00%, 12/01/36 (Call 06/01/26) |
3,000 | 3,049,387 | ||||||
|
Series A, 5.00%, 12/01/37 (Call 06/01/26) |
1,365 | 1,383,136 | ||||||
|
Series A, 5.00%, 12/01/49 (Call 06/01/24) |
2,000 | 2,000,179 | ||||||
|
Series A, 5.00%, 12/01/50 (Call 06/01/25) |
6,500 | 6,501,472 | ||||||
|
Series A, 5.50%, 12/01/54 (Call 06/01/24) |
4,000 | 4,007,651 | ||||||
|
Series B, 4.00%, 12/01/41 (Call 12/01/31) |
2,200 | 2,073,814 | ||||||
|
Series B, 4.00%, 12/01/42 (Call 12/01/31) |
1,000 | 932,202 | ||||||
|
Series B, 4.00%, 12/01/47 (Call 12/01/31) |
2,000 | 1,803,911 | ||||||
|
Series B, 5.00%, 12/01/46 (Call 12/01/26) |
2,000 | 2,006,189 | ||||||
|
Series B, 5.00%, 12/01/51 (Call 12/01/31) |
2,195 | 2,229,574 | ||||||
|
Series B, 5.00%, 12/01/56 (Call 12/01/26) |
5,690 | 5,692,864 | ||||||
|
Series C, 4.00%, 12/01/45 (Call 12/01/24) |
1,500 | 1,343,214 | ||||||
|
Series C, 5.00%, 12/01/28 (Call 12/01/24) |
1,090 | 1,101,411 | ||||||
|
Series C, 5.00%, 12/01/30 (Call 12/01/24) |
1,400 | 1,415,082 | ||||||
|
Series C, 5.00%, 12/01/46 (Call 12/01/24) |
1,500 | 1,500,366 | ||||||
|
Series E, 5.00%, 12/01/48 (Call 12/01/23) |
6,350 | 6,350,239 | ||||||
|
Series E, 5.25%, 12/01/55 (Call 12/01/25) |
4,000 | 4,012,182 | ||||||
|
South Carolina Transportation Infrastructure Bank RB |
||||||||
|
5.00%, 10/01/30 |
10,000 | 11,247,665 | ||||||
|
Series A, 5.00%, 10/01/24 |
1,000 | 1,016,213 | ||||||
|
Series B, 3.38%, 10/01/32 (Call 10/02/23) |
1,000 | 978,729 | ||||||
|
Series B, 3.63%, 10/01/33 (Call 10/02/23) |
715 | 712,745 | ||||||
|
Series B, 5.00%, 10/01/26 |
6,900 | 7,274,309 | ||||||
|
Series B, 5.00%, 10/01/27 |
34,450 | 37,033,919 | ||||||
|
Series-B, 5.00%, 10/01/25 |
10,000 | 10,346,306 | ||||||
|
State of South Carolina GO |
||||||||
|
Series A, 5.00%, 04/01/24 |
17,000 | 17,161,961 | ||||||
|
Series A, 5.00%, 04/01/25 |
3,500 | 3,593,115 | ||||||
|
|
|
|||||||
| 208,865,561 | ||||||||
| Tennessee — 0.8% | ||||||||
|
City of Clarksville TN Water Sewer & Gas Revenue RB |
||||||||
|
Series A, 4.00%, 02/01/51 (Call 02/01/31) |
2,000 | 1,896,011 | ||||||
|
Series A, 5.00%, 02/01/45 (Call 02/01/31) |
1,500 | 1,598,677 | ||||||
|
City of Memphis TN GO, Series A, 5.00%, 04/01/26 (Call 04/01/25) |
2,085 | 2,137,420 | ||||||
|
City of Memphis TN GOL |
||||||||
|
5.00%, 10/01/43 (Call 10/01/31) |
8,065 | 8,676,741 | ||||||
|
5.00%, 10/01/47 (Call 10/01/31) |
1,655 | 1,761,445 | ||||||
| Security |
Par |
Value | ||||||
| Tennessee (continued) | ||||||||
|
City of Memphis TN Sanitary Sewerage System Revenue RB, Series B, 5.00%, 10/01/45 (Call 10/01/30) |
$ | 4,200 | $ | 4,465,533 | ||||
|
County of Hamilton TN, 5.00%, 04/01/31 |
7,095 | 7,690,947 | ||||||
|
County of Montgomery TN GO, 4.00%, 06/01/39 (Call 06/01/30) |
1,980 | 1,966,190 | ||||||
|
County of Shelby TN GO |
||||||||
|
4.00%, 04/01/32 (Call 04/01/29) |
5,705 | 5,917,317 | ||||||
|
5.00%, 04/01/29 |
4,445 | 4,915,615 | ||||||
|
Series A, 5.00%, 03/01/24 |
1,000 | 1,008,405 | ||||||
|
Metropolitan Government of Nashville & Davidson County TN Electric Revenue RB |
||||||||
|
Series A, 5.00%, 05/15/42 (Call 05/15/27) |
2,000 | 2,066,559 | ||||||
|
Series A, 5.00%, 05/15/46 (Call 05/15/31) |
3,485 | 3,715,329 | ||||||
|
Metropolitan Government of Nashville & Davidson County TN GO |
||||||||
|
4.00%, 07/01/34 (Call 07/01/28) |
5,180 | 5,287,873 | ||||||
|
4.00%, 07/01/36 (Call 07/01/28) |
10,000 | 10,076,003 | ||||||
|
5.00%, 01/01/24 |
3,835 | 3,855,375 | ||||||
|
5.00%, 07/01/24 (Call 09/21/23) |
2,275 | 2,276,665 | ||||||
|
5.00%, 01/01/25 |
2,150 | 2,198,308 | ||||||
|
5.00%, 07/01/25 |
2,510 | 2,587,840 | ||||||
|
5.00%, 01/01/27 |
18,240 | 19,333,484 | ||||||
|
5.00%, 07/01/27 |
5,130 | 5,491,599 | ||||||
|
5.00%, 01/01/30 |
2,000 | 2,236,280 | ||||||
|
5.00%, 07/01/30 (Call 07/01/28) |
5,800 | 6,295,115 | ||||||
|
5.00%, 01/01/31 |
4,160 | 4,722,806 | ||||||
|
5.00%, 07/01/32 (Call 07/01/28) |
5,000 | 5,415,611 | ||||||
|
Series C, 4.00%, 01/01/32 (Call 01/01/31) |
8,900 | 9,385,626 | ||||||
|
Series C, 5.00%, 01/01/25 |
12,315 | 12,591,701 | ||||||
|
Series C, 5.00%, 01/01/26 |
2,200 | 2,288,842 | ||||||
|
Series C, 5.00%, 01/01/29 |
21,335 | 23,486,402 | ||||||
|
Metropolitan Government of Nashville & Davidson County TN Water & Sewer Revenue RB |
||||||||
|
5.00%, 07/01/42 (Call 07/01/27) |
21,645 | 22,450,642 | ||||||
|
Series B, 5.00%, 07/01/46 (Call 07/01/27) |
1,290 | 1,332,322 | ||||||
|
Metropolitan Nashville Airport Authority (The) RB |
||||||||
|
Series A, 5.00%, 07/01/44 (Call 07/01/30) |
2,000 | 2,089,982 | ||||||
|
Series A, 5.00%, 07/01/49 (Call 07/01/30) |
2,000 | 2,077,488 | ||||||
|
State of Tennessee GO |
||||||||
|
Series A, 5.00%, 11/01/26 |
1,470 | 1,557,639 | ||||||
|
Series A, 5.00%, 08/01/28 (PR 08/01/25) |
1,595 | 1,645,965 | ||||||
|
Series A, 5.00%, 11/01/34 (Call 11/01/31) |
4,585 | 5,241,322 | ||||||
|
Tennessee State School Bond Authority, 5.00%, 11/01/26 (ST INTERCEPT) |
5,670 | 5,994,009 | ||||||
|
Tennessee State School Bond Authority RB |
||||||||
|
5.00%, 11/01/23 |
3,610 | 3,619,089 | ||||||
|
5.00%, 11/01/39 (Call 11/01/32) (ST INTERCEPT) |
9,655 | 10,644,314 | ||||||
|
5.00%, 11/01/40 (Call 11/01/32) (ST INTERCEPT) |
10,150 | 11,143,291 | ||||||
|
5.00%, 11/01/52 (Call 11/01/32) (ST INTERCEPT) |
20,000 | 21,377,610 | ||||||
|
Series A, 5.00%, 11/01/47 (Call 11/01/27) (HERBIP) |
5,000 | 5,179,536 | ||||||
|
Series B, 5.00%, 11/01/25 |
4,470 | 4,636,617 | ||||||
|
Series B, 5.00%, 11/01/40 (PR 11/01/25) (HERBIP) |
4,025 | 4,176,734 | ||||||
|
|
|
|||||||
| 268,512,279 | ||||||||
| Texas — 7.3% | ||||||||
|
Aldine Independent School District GO |
||||||||
|
4.00%, 02/15/48 (Call 02/15/28) (PSF) |
2,000 | 1,877,843 | ||||||
|
5.00%, 02/15/45 (Call 02/15/27) (PSF) |
4,000 | 4,108,242 | ||||||
|
Aledo Independent School District GO, 4.00%, 02/15/45 (Call 02/15/29) (PSF) |
1,000 | 952,588 | ||||||
| 64 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par |
Value | ||||||
| Texas (continued) | ||||||||
|
Arlington Independent School District/TX GO, 5.00%, 02/15/24 (PSF) |
$ | 4,560 | $ | 4,593,931 | ||||
|
Austin Community College District GOL |
||||||||
|
4.00%, 08/01/40 (Call 08/01/25) |
1,500 | 1,458,203 | ||||||
|
4.00%, 08/01/48 (Call 08/01/27) |
3,500 | 3,295,395 | ||||||
|
Austin Independent School District GO |
||||||||
|
2.00%, 08/01/39 (Call 08/01/30) (PSF) |
8,920 | 6,250,455 | ||||||
|
2.00%, 08/01/39 (Call 08/01/31) (PSF) |
16,580 | 11,617,999 | ||||||
|
2.00%, 08/01/40 (Call 08/01/30) (PSF) |
6,000 | 4,107,224 | ||||||
|
2.00%, 08/01/40 (Call 08/01/31) (PSF) |
16,885 | 11,548,136 | ||||||
|
4.00%, 08/01/32 (Call 08/01/31) (PSF) |
10,355 | 10,828,986 | ||||||
|
5.00%, 08/01/26 (PSF) |
1,350 | 1,418,232 | ||||||
|
5.00%, 08/01/27 (PSF) |
2,000 | 2,142,305 | ||||||
|
5.00%, 08/01/30 (PSF) |
5,690 | 6,365,066 | ||||||
|
5.00%, 08/01/41 (Call 02/01/33) |
13,890 | 15,119,105 | ||||||
|
5.00%, 08/01/42 (Call 02/01/33) |
7,735 | 8,380,321 | ||||||
|
Board of Regents of the University of Texas System RB |
||||||||
|
5.00%, 08/15/31 |
10,000 | 11,386,740 | ||||||
|
Series A, 4.00%, 08/15/35 (Call 08/15/31) |
14,650 | 15,052,852 | ||||||
|
Series A, 4.00%, 08/15/42 (Call 08/15/24) |
1,205 | 1,183,383 | ||||||
|
Series A, 5.00%, 08/15/28 |
6,000 | 6,549,143 | ||||||
|
Series A, 5.00%, 08/15/30 |
17,660 | 19,848,890 | ||||||
|
Series A, 5.00%, 08/15/33 (Call 08/15/29) |
10,070 | 11,056,041 | ||||||
|
Series A, 5.00%, 08/15/34 (Call 08/15/29) |
1,900 | 2,080,395 | ||||||
|
Series B, 5.00%, 08/15/25 |
4,910 | 5,069,389 | ||||||
|
Series B, 5.00%, 08/15/26 |
2,215 | 2,328,781 | ||||||
|
Series B, 5.00%, 08/15/27 |
10,050 | 10,765,841 | ||||||
|
Series B, 5.00%, 08/15/49 |
10,950 | 12,183,692 | ||||||
|
Series C, 5.00%, 08/15/25 |
2,610 | 2,694,726 | ||||||
|
Series D, 5.00%, 08/15/24 |
2,200 | 2,233,380 | ||||||
|
Series E, 5.00%, 08/15/26 |
8,405 | 8,836,751 | ||||||
|
Series F, 5.00%, 08/15/47 |
2,000 | 2,221,641 | ||||||
|
Series I, 5.00%, 08/15/24 |
2,310 | 2,345,049 | ||||||
|
Series J, 5.00%, 08/15/25 |
1,700 | 1,755,186 | ||||||
|
Central Texas Regional Mobility Authority RB |
||||||||
|
Series A, 5.00%, 01/01/40 (PR 07/01/25) |
6,060 | 6,223,012 | ||||||
|
Series A, 5.00%, 01/01/45 (PR 07/01/25) |
2,500 | 2,567,249 | ||||||
|
Series B, 4.00%, 01/01/51 (Call 01/01/31) |
1,000 | 894,919 | ||||||
|
Series B, 5.00%, 01/01/46 (Call 01/01/31) |
1,000 | 1,032,537 | ||||||
|
Series E, 5.00%, 01/01/45 (Call 01/01/30) |
2,500 | 2,578,291 | ||||||
|
Central Texas Turnpike System RB |
||||||||
|
Series A, 5.00%, 08/15/39 (Call 08/15/30) |
25,175 | 26,426,512 | ||||||
|
Series B, 0.00%, 08/15/37 (Call 08/15/24)(a) |
1,000 | 498,783 | ||||||
|
Series B, 5.00%, 08/15/37 (Call 08/15/24) |
2,500 | 2,516,190 | ||||||
|
Series C, 5.00%, 08/15/33 (Call 08/15/24) |
2,000 | 2,012,062 | ||||||
|
Series C, 5.00%, 08/15/34 (Call 08/15/24) |
1,500 | 1,508,455 | ||||||
|
Series C, 5.00%, 08/15/37 (Call 08/15/24) |
19,020 | 19,060,952 | ||||||
|
Series C, 5.00%, 08/15/42 (Call 08/15/24) |
10,250 | 10,228,924 | ||||||
|
City of Austin TX Electric Utility Revenue RB |
||||||||
|
Series A, 5.00%, 11/15/45 (Call 11/15/25) |
16,000 | 16,129,430 | ||||||
|
Series A, 5.00%, 11/15/45 (Call 11/15/30) |
3,905 | 4,109,060 | ||||||
|
Series B, 5.00%, 11/15/44 (Call 11/15/29) |
3,120 | 3,268,625 | ||||||
|
Series B, 5.00%, 11/15/49 (Call 11/15/29) |
3,000 | 3,121,240 | ||||||
|
City of Austin TX GOL |
||||||||
|
4.00%, 09/01/31 (Call 09/01/25) |
8,275 | 8,337,535 | ||||||
|
5.00%, 09/01/28 |
13,635 | 14,875,722 | ||||||
|
City of Austin TX Water & Wastewater System Revenue RB |
||||||||
|
5.00%, 11/15/26 |
2,245 | 2,369,497 | ||||||
|
5.00%, 11/15/28 |
6,000 | 6,564,017 | ||||||
| Security |
Par |
Value | ||||||
| Texas (continued) | ||||||||
|
5.00%, 11/15/29 |
$ | 7,750 | $ | 8,583,004 | ||||
|
5.00%, 11/15/30 |
2,795 | 3,130,254 | ||||||
|
5.00%, 11/15/31 |
5,880 | 6,679,775 | ||||||
|
5.00%, 11/15/32 |
6,185 | 7,106,250 | ||||||
|
5.00%, 11/15/34 (Call 05/15/33) |
3,415 | 3,922,774 | ||||||
|
5.00%, 11/15/35 (Call 05/15/33) |
3,590 | 4,071,694 | ||||||
|
5.00%, 11/15/39 (Call 05/15/24) |
2,400 | 2,420,913 | ||||||
|
5.00%, 11/15/39 (Call 11/15/31) |
2,000 | 2,159,595 | ||||||
|
5.00%, 11/15/41 (Call 11/15/26) |
1,000 | 1,024,249 | ||||||
|
Series C, 5.00%, 11/15/45 (Call 11/15/30) |
2,000 | 2,105,784 | ||||||
|
Series C, 5.00%, 11/15/50 (Call 11/15/30) |
2,000 | 2,093,974 | ||||||
|
City of Corpus Christi TX Utility System Revenue RB, Series A, 5.00%, 07/15/45 (Call 07/15/25) |
2,000 | 2,017,810 | ||||||
|
City of Dallas TX GOL |
||||||||
|
5.00%, 02/15/24 |
1,800 | 1,813,235 | ||||||
|
5.00%, 02/15/27 (Call 02/15/24) |
1,500 | 1,509,371 | ||||||
|
City of Dallas TX Waterworks & Sewer System Revenue RB 5.00%, 10/01/46 (Call 10/01/27) |
2,500 | 2,585,019 | ||||||
|
Series A, 5.00%, 10/01/24 |
3,020 | 3,070,560 | ||||||
|
Series A, 5.00%, 10/01/26 (Call 10/01/25) |
1,400 | 1,440,163 | ||||||
|
Series A, 5.00%, 10/01/29 (Call 10/01/26) |
1,375 | 1,440,437 | ||||||
|
Series A, 5.00%, 10/01/30 (Call 10/01/26) |
3,590 | 3,759,781 | ||||||
|
Series A, 5.00%, 10/01/31 (Call 10/01/26) |
1,610 | 1,684,225 | ||||||
|
Series A, 5.00%, 10/01/32 (Call 10/01/26) |
5,510 | 5,760,746 | ||||||
|
Series A, 5.00%, 10/01/41 (Call 10/01/26) |
5,000 | 5,110,268 | ||||||
|
Series C, 3.00%, 10/01/46 (Call 10/01/31) |
5,000 | 3,774,308 | ||||||
|
Series C, 4.00%, 10/01/49 (Call 10/01/30) |
7,900 | 7,461,631 | ||||||
|
Series C, 5.00%, 10/01/45 (Call 10/01/30) |
2,000 | 2,124,878 | ||||||
|
City of Fort Worth TX Water & Sewer System Revenue RB, 3.00%, 02/15/24 |
8,045 | 8,030,813 | ||||||
|
City of Garland TX Electric Utility System Revenue RB |
||||||||
|
4.00%, 03/01/49 (Call 03/01/29) |
1,000 | 878,665 | ||||||
|
5.00%, 03/01/44 (Call 03/01/29) |
2,000 | 2,067,875 | ||||||
|
City of Houston TX Airport System Revenue RB |
||||||||
|
Series B, 5.00%, 07/01/29 (Call 07/01/28) |
3,680 | 3,969,483 | ||||||
|
Series B, 5.00%, 07/01/30 (Call 07/01/28) |
8,570 | 9,182,422 | ||||||
|
Series D, 5.00%, 07/01/37 (Call 07/01/28) |
1,500 | 1,576,260 | ||||||
|
Series D, 5.00%, 07/01/39 (Call 07/01/28) |
1,495 | 1,556,568 | ||||||
|
City of Houston TX Combined Utility System Revenue RB |
||||||||
|
Series A, 5.00%, 11/15/33 (Call 11/15/30) |
9,835 | 10,952,128 | ||||||
|
Series B, 4.00%, 11/15/37 (Call 11/15/26) |
2,000 | 1,946,794 | ||||||
|
Series B, 5.00%, 11/15/30 (Call 11/15/26) |
5,430 | 5,725,824 | ||||||
|
Series B, 5.00%, 11/15/35 (Call 11/15/26) |
4,000 | 4,170,072 | ||||||
|
Series B, 5.00%, 11/15/42 (Call 11/15/27) |
4,000 | 4,162,636 | ||||||
|
Series B, 5.00%, 11/15/43 (Call 11/15/23) |
1,000 | 1,003,156 | ||||||
|
Series B, 5.00%, 11/15/49 (Call 11/15/29) |
2,000 | 2,098,596 | ||||||
|
Series C, 3.00%, 11/15/47 (Call 11/15/30) |
1,000 | 719,316 | ||||||
|
Series C, 4.00%, 11/15/43 (Call 11/15/30) |
1,500 | 1,440,909 | ||||||
|
Series C, 5.00%, 05/15/26 (Call 05/15/24) |
3,000 | 3,031,087 | ||||||
|
Series C, 5.00%, 05/15/28 (Call 05/15/24) |
2,005 | 2,027,709 | ||||||
|
Series C, 5.00%, 11/15/45 (Call 11/15/30) |
1,000 | 1,062,482 | ||||||
|
Series D, 5.00%, 11/15/44 (Call 11/15/24) |
2,000 | 2,014,755 | ||||||
|
City of Houston TX GOL |
||||||||
|
5.00%, 03/01/28 (Call 03/01/26) |
10,000 | 10,363,576 | ||||||
|
Series A, 5.00%, 03/01/24 |
2,000 | 2,015,161 | ||||||
|
Series A, 5.00%, 03/01/25 |
2,350 | 2,406,372 | ||||||
|
Series A, 5.00%, 03/01/26 (Call 03/01/24) |
1,540 | 1,548,291 | ||||||
|
Series A, 5.00%, 03/01/28 (Call 03/01/27) |
1,700 | 1,791,773 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
65 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par |
Value | ||||||
| Texas (continued) | ||||||||
|
City of San Antonio Texas Electric & Gas Systems Revenue RB |
||||||||
|
4.00%, 02/01/47 (Call 02/01/27) |
$ | 3,970 | $ | 3,630,858 | ||||
|
5.00%, 02/01/27 |
3,000 | 3,178,101 | ||||||
|
5.00%, 02/01/35 (Call 02/01/30) |
2,000 | 2,189,126 | ||||||
|
5.00%, 02/01/44 (Call 02/01/24) |
2,550 | 2,555,244 | ||||||
|
5.00%, 02/01/47 (Call 02/01/27) |
7,500 | 7,667,395 | ||||||
|
5.00%, 02/01/47 (Call 08/01/27) |
2,500 | 2,563,347 | ||||||
|
Series REF, 5.25%, 02/01/25 |
1,895 | 1,942,639 | ||||||
|
City of San Antonio TX, 5.00%, 08/01/24 |
3,000 | 3,043,853 | ||||||
|
City of San Antonio TX Electric & Gas Systems Revenue RB |
||||||||
|
5.00%, 02/01/36 (Call 02/01/30) |
4,000 | 4,343,974 | ||||||
|
Series 2020, 5.00%, 02/01/49 (Call 02/01/30) |
2,000 | 2,085,894 | ||||||
|
Series A, 5.00%, 02/01/26 |
1,755 | 1,824,721 | ||||||
|
Series ETM, 5.00%, 02/01/25 (ETM) |
1,265 | 1,292,673 | ||||||
|
Series REF, 5.00%, 02/01/31 (Call 02/01/26) |
2,000 | 2,077,288 | ||||||
|
City of San Antonio TX GOL |
||||||||
|
5.00%, 02/01/25 |
6,560 | 6,707,136 | ||||||
|
5.00%, 08/01/28 |
4,630 | 5,016,999 | ||||||
|
Collin County Community College District GOL |
||||||||
|
5.00%, 08/15/29 (Call 08/15/27) |
11,990 | 12,809,706 | ||||||
|
Series A, 5.00%, 08/15/30 (Call 08/15/29) |
1,750 | 1,924,327 | ||||||
|
Comal Independent School District GO, 4.00%, 02/01/36 (Call 02/01/31) (PSF) |
3,250 | 3,335,066 | ||||||
|
Conroe Independent School District GO, Series A, 5.00%, 02/15/29 (PSF) |
7,685 | 8,444,519 | ||||||
|
County of Bexar TX GOL |
||||||||
|
4.00%, 06/15/41 (Call 06/15/26) |
2,035 | 1,979,837 | ||||||
|
5.00%, 06/15/38 (Call 06/15/24) |
7,670 | 7,765,465 | ||||||
|
5.00%, 06/15/43 (Call 06/15/26) |
1,250 | 1,309,323 | ||||||
|
Series A, 5.00%, 06/15/41 (Call 06/15/26) |
3,000 | 3,130,187 | ||||||
|
County of Harris TX GO |
||||||||
|
Series A, 5.00%, 10/01/25 |
5,000 | 5,167,060 | ||||||
|
Series A, 5.00%, 10/01/25 (Call 10/01/24) |
4,225 | 4,293,461 | ||||||
|
Series A, 5.00%, 10/01/27 (Call 10/01/25) |
1,705 | 1,750,478 | ||||||
|
County of Harris TX RB |
||||||||
|
Series A, 5.00%, 08/15/31 (Call 08/15/26) |
2,000 | 2,082,779 | ||||||
|
Series A, 5.00%, 08/15/41 (Call 08/15/26) |
3,505 | 3,569,426 | ||||||
|
County of Hays TX GOL, 4.00%, 02/15/42 (Call 02/15/27) |
2,000 | 1,929,807 | ||||||
|
County of Williamson TX GO |
||||||||
|
4.00%, 02/15/33 (Call 02/15/29) |
11,240 | 11,641,387 | ||||||
|
5.00%, 02/15/29 |
1,000 | 1,092,530 | ||||||
|
County of Williamson TX GOL |
||||||||
|
4.00%, 02/15/26 |
7,000 | 7,138,594 | ||||||
|
4.00%, 02/15/27 |
22,320 | 23,006,362 | ||||||
|
5.00%, 02/15/25 |
5,125 | 5,252,097 | ||||||
|
Cypress-Fairbanks Independent School District GO |
||||||||
|
4.00%, 02/15/31 (Call 02/15/25) (PSF) |
1,000 | 1,003,165 | ||||||
|
4.00%, 02/15/33 (Call 02/15/25) (PSF) |
6,000 | 6,010,619 | ||||||
|
4.00%, 02/15/34 (Call 02/15/25) (PSF) |
15,000 | 15,022,365 | ||||||
|
4.00%, 02/15/38 (Call 02/15/29) (PSF) |
2,915 | 2,903,019 | ||||||
|
4.00%, 02/15/43 (Call 02/15/28) (PSF) |
5,000 | 4,802,480 | ||||||
|
5.00%, 02/15/26 (PSF) |
4,920 | 5,129,917 | ||||||
|
5.00%, 02/15/27 (Call 02/15/26) (PSF) |
1,570 | 1,632,533 | ||||||
|
5.00%, 02/15/30 (Call 02/15/25) (PSF) |
45,000 | 46,036,174 | ||||||
|
5.00%, 02/15/31 (PSF) |
10,105 | 11,436,476 | ||||||
|
Series A, 5.00%, 02/15/24 (PSF) |
7,685 | 7,741,505 | ||||||
|
Series A, 5.00%, 02/15/26 (PSF) |
4,000 | 4,170,664 | ||||||
| Security |
Par |
Value | ||||||
| Texas (continued) | ||||||||
|
Series C, 4.00%, 02/15/29 (Call 02/15/24) (PSF) |
$ | 2,000 | $ | 2,002,661 | ||||
|
Series C, 5.00%, 02/15/25 (Call 02/15/24) (PSF) |
3,785 | 3,812,738 | ||||||
|
Series C, 5.00%, 02/15/44 (Call 02/15/24) (PSF) |
9,425 | 9,449,888 | ||||||
|
Dallas Area Rapid Transit RB |
||||||||
|
5.00%, 12/01/23 |
2,000 | 2,007,154 | ||||||
|
5.00%, 12/01/31 (Call 12/01/29) |
7,510 | 8,286,624 | ||||||
|
5.00%, 12/01/32 (Call 12/01/29) |
5,000 | 5,505,547 | ||||||
|
5.00%, 12/01/33 (Call 12/01/29) |
2,825 | 3,106,207 | ||||||
|
5.25%, 12/01/28 |
250 | 275,932 | ||||||
|
5.25%, 12/01/29 (AMBAC) |
1,050 | 1,175,895 | ||||||
|
Series A, 5.00%, 12/01/24 |
2,305 | 2,348,900 | ||||||
|
Series A, 5.00%, 12/01/25 (Call 12/01/24) |
3,025 | 3,083,721 | ||||||
|
Series A, 5.00%, 12/01/46 (Call 12/01/25) |
6,630 | 6,876,452 | ||||||
|
Series A, 5.00%, 12/01/48 (Call 12/01/25) |
12,500 | 12,964,654 | ||||||
|
Series B, 4.00%, 12/01/35 (Call 12/01/26) |
8,000 | 8,059,066 | ||||||
|
Series B, 4.00%, 12/01/51 (Call 12/01/30) |
9,405 | 8,547,064 | ||||||
|
Dallas Fort Worth International Airport, 5.00%, 11/01/25 |
2,650 | 2,735,914 | ||||||
|
Dallas Fort Worth International Airport RB |
||||||||
|
4.00%, 11/01/34 (Call 11/01/30) |
9,500 | 9,703,077 | ||||||
|
4.00%, 11/01/35 (Call 11/01/30) |
2,000 | 2,024,797 | ||||||
|
4.00%, 11/01/45 (Call 11/01/30) |
7,375 | 6,984,266 | ||||||
|
4.00%, 11/01/45 (Call 11/01/32) |
11,120 | 10,515,745 | ||||||
|
5.00%, 11/01/26 |
2,000 | 2,101,368 | ||||||
|
5.00%, 11/01/27 |
2,000 | 2,139,625 | ||||||
|
5.00%, 11/01/29 |
7,000 | 7,660,228 | ||||||
|
5.00%, 11/01/36 (Call 11/01/33) |
1,000 | 1,107,068 | ||||||
|
5.00%, 11/01/39 (Call 11/01/33) |
2,750 | 2,974,808 | ||||||
|
5.00%, 11/01/40 (Call 11/01/32) |
5,000 | 5,333,436 | ||||||
|
5.00%, 11/01/43 (Call 11/01/30) |
18,380 | 19,261,839 | ||||||
|
5.00%, 11/01/47 (Call 11/01/33) |
1,750 | 1,847,166 | ||||||
|
5.00%, 11/01/50 (Call 11/01/32) |
5,000 | 5,234,705 | ||||||
|
Series A, 4.00%, 11/01/34 (Call 11/01/30) |
250 | 255,344 | ||||||
|
Series A, 4.00%, 11/01/35 (Call 11/01/30) |
5,085 | 5,148,047 | ||||||
|
Series A, 4.00%, 11/01/46 (Call 11/01/30) |
2,600 | 2,445,119 | ||||||
|
Series A, 5.00%, 11/01/27 |
1,000 | 1,069,813 | ||||||
|
Series A, 5.00%, 11/01/30 |
1,000 | 1,106,490 | ||||||
|
Series A, 5.00%, 11/01/32 (Call 11/01/30) |
1,000 | 1,100,632 | ||||||
|
Series D, 5.25%, 11/01/30 (Call 11/01/23) |
1,000 | 1,002,742 | ||||||
|
Series F, 5.13%, 11/01/25 (Call 11/01/23) |
2,100 | 2,105,358 | ||||||
|
Dallas Independent School District, 5.00%, 02/15/25 (PSF-GTD) |
3,000 | 3,074,826 | ||||||
|
Dallas Independent School District GO |
||||||||
|
4.00%, 02/15/31 (Call 02/15/25) (PSF) |
1,000 | 1,007,097 | ||||||
|
4.00%, 02/15/33 (Call 02/15/29) (PSF) |
3,000 | 3,107,132 | ||||||
|
5.00%, 02/15/34 (Call 02/15/29) (PSF) |
5,000 | 5,451,752 | ||||||
|
Series A, 4.00%, 02/15/26 (PSF) |
4,410 | 4,486,905 | ||||||
|
Series A, 5.00%, 02/15/27 (PSF) |
7,000 | 7,428,332 | ||||||
|
Series A, 5.00%, 02/15/28 |
1,400 | 1,511,410 | ||||||
|
Denton Independent School District GO |
||||||||
|
5.00%, 08/15/38 (Call 08/15/33) (PSF) |
1,000 | 1,113,924 | ||||||
|
5.00%, 08/15/48 (Call 08/15/27) (PSF) |
3,500 | 3,605,994 | ||||||
|
Series A, 4.00%, 08/15/48 (Call 08/15/28) (PSF) |
1,500 | 1,407,270 | ||||||
|
Series A, 5.00%, 08/15/40 (Call 08/15/25) (PSF) |
2,000 | 2,065,193 | ||||||
|
Series A, 5.00%, 08/15/45 (Call 08/15/25) (PSF) |
5,000 | 5,162,983 | ||||||
|
Fort Bend Independent School District GO, 5.00%, 08/15/30 (Call 08/15/27) (PSF) |
3,360 | 3,586,368 | ||||||
|
Fort Worth Independent School District GO |
||||||||
|
5.00%, 02/15/28 (Call 02/15/25) (PSF) |
3,500 | 3,582,084 | ||||||
|
5.00%, 02/15/43 (Call 02/15/27) (PSF) |
5,000 | 5,154,882 | ||||||
| 66 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par |
Value | ||||||
| Texas (continued) | ||||||||
|
Frisco Independent School District GO, 4.00%, 08/15/49 (Call 02/15/29) (PSF) |
$ | 2,285 | $ | 2,133,317 | ||||
|
Grand Parkway Transportation Corp. RB |
||||||||
|
4.00%, 10/01/49 (Call 04/01/30) (AGM-CR) |
9,900 | 9,103,799 | ||||||
|
First Series, 3.00%, 10/01/50 (Call 04/01/30) |
2,000 | 1,333,334 | ||||||
|
First Series, 4.00%, 10/01/45 (Call 04/01/30) |
28,400 | 26,223,620 | ||||||
|
First Series, 4.00%, 10/01/49 (Call 04/01/30) |
16,400 | 14,820,393 | ||||||
|
Series A, 5.00%, 10/01/36 (Call 04/01/28) |
3,000 | 3,178,098 | ||||||
|
Series A, 5.00%, 10/01/38 (Call 04/01/28) |
8,000 | 8,405,866 | ||||||
|
Series A, 5.00%, 10/01/43 (Call 04/01/28) |
10,995 | 11,427,304 | ||||||
|
Series A, 5.00%, 10/01/48 (Call 04/01/28) |
21,010 | 21,709,665 | ||||||
|
Series A, 5.25%, 10/01/51 (Call 10/01/23) |
8,000 | 8,009,237 | ||||||
|
Series A, 5.50%, 04/01/53 (PR 10/01/23) |
1,500 | 1,501,998 | ||||||
|
Series B, 0.00%, 10/01/45 (Call 10/01/28) |
2,000 | 2,116,268 | ||||||
|
Series B, 5.00%, 04/01/53 (Call 10/01/23) |
16,100 | 16,115,735 | ||||||
|
Series B, VRDN, 5.00%, 10/01/52(b) |
1,000 | 1,000,941 | ||||||
|
Grand Prairie Independent School District GO, 4.00%, 02/15/31 (Call 08/15/26) |
10,505 | 10,646,462 | ||||||
|
Harris County Flood Control District RB |
||||||||
|
5.00%, 10/01/26 (Call 10/01/24) |
3,470 | 3,525,127 | ||||||
|
Series A, 5.00%, 10/01/23 |
5,000 | 5,005,881 | ||||||
|
Harris County Toll Road Authority (The) RB |
||||||||
|
4.00%, 08/15/45 (Call 08/15/30) |
2,090 | 1,934,847 | ||||||
|
Series A, 5.00%, 08/15/31 (Call 02/15/28) |
2,000 | 2,151,279 | ||||||
|
Series A, 5.00%, 08/15/32 (Call 02/15/28) |
3,000 | 3,218,081 | ||||||
|
Series A, 5.00%, 08/15/43 (Call 02/15/28) |
4,125 | 4,271,976 | ||||||
|
Harris County-Houston Sports Authority RB |
||||||||
|
Series A, 0.00%, 11/15/42 (Call 11/15/31) (AGM)(a) |
1,250 | 471,909 | ||||||
|
Series A, 0.00%, 11/15/50 (Call 11/15/31) (AGM)(a) |
2,000 | 476,920 | ||||||
|
Series A, 5.00%, 11/15/28 (Call 11/15/24) |
1,390 | 1,408,415 | ||||||
|
Houston Independent School District GOL |
||||||||
|
4.00%, 02/15/42 (Call 02/15/27) (PSF) |
1,300 | 1,267,339 | ||||||
|
5.00%, 02/15/25 (PSF) |
2,680 | 2,744,173 | ||||||
|
5.00%, 02/15/26 (PSF) |
1,175 | 1,225,696 | ||||||
|
5.00%, 02/15/28 (Call 02/15/27) (PSF) |
1,000 | 1,062,441 | ||||||
|
Series A, 5.00%, 02/15/25 (PSF) |
2,385 | 2,442,110 | ||||||
|
Series A, 5.00%, 02/15/27 (Call 02/15/26) (PSF) |
2,250 | 2,338,543 | ||||||
|
Series A, 5.00%, 02/15/28 (Call 02/15/26) (PSF) |
1,000 | 1,041,025 | ||||||
|
Series A, 5.00%, 02/15/30 (Call 02/15/26) (PSF) |
5,000 | 5,208,713 | ||||||
|
Katy Independent School District GO |
||||||||
|
4.00%, 02/15/47 (Call 02/15/31) |
15,515 | 14,844,251 | ||||||
|
4.00%, 02/15/48 (Call 02/15/28) (PSF) |
3,650 | 3,491,855 | ||||||
|
Lamar Consolidated Independent School District GO, |
||||||||
|
4.00%, 02/15/50 (Call 02/15/28) (PSF) |
3,000 | 2,794,686 | ||||||
|
Leander Independent School District GO |
||||||||
|
5.00%, 08/15/52 (Call 08/15/31) (PSF) |
11,200 | 11,794,181 | ||||||
|
Series A, 5.00%, 08/15/38 (Call 08/15/25) (PSF) |
1,075 | 1,096,266 | ||||||
|
Series A, 5.00%, 08/15/40 (Call 08/15/25) (PSF) |
1,500 | 1,526,858 | ||||||
|
Series C, 0.00%, 08/15/44 (PR 08/15/24) (PSF)(a) |
22,990 | 7,612,594 | ||||||
|
Series C, 0.00%, 08/15/46 (Call 08/15/24) (PSF)(a) |
70,000 | 20,601,833 | ||||||
|
Series D, 0.00%, 08/15/36 (Call 08/15/24) (PSF)(a) |
4,000 | 2,202,221 | ||||||
|
Lewisville Independent School District GO |
||||||||
|
5.00%, 08/15/30 (PSF) |
11,190 | 12,495,224 | ||||||
|
Series A, 4.00%, 08/15/27 (Call 08/15/25) (PSF) |
4,940 | 4,990,035 | ||||||
|
Series B, 5.00%, 08/15/25 |
2,600 | 2,678,455 | ||||||
|
Series B, 5.00%, 08/15/28 (Call 08/15/25) |
6,090 | 6,276,272 | ||||||
|
Lower Colorado River Authority RB |
||||||||
|
5.00%, 05/15/25 |
1,000 | 1,027,575 | ||||||
|
5.00%, 05/15/28 |
1,000 | 1,071,417 | ||||||
|
5.00%, 05/15/39 (Call 05/15/30) |
2,000 | 2,111,038 | ||||||
| Security |
Par |
Value | ||||||
| Texas (continued) | ||||||||
|
5.00%, 05/15/40 (Call 05/15/25) |
$ | 5,760 | $ | 5,840,593 | ||||
|
5.00%, 05/15/41 (Call 05/15/30) |
3,500 | 3,670,783 | ||||||
|
5.00%, 05/15/43 (Call 05/15/28) |
1,000 | 1,031,210 | ||||||
|
5.00%, 05/15/45 (Call 05/15/25) |
3,130 | 3,163,570 | ||||||
|
6.00%, 05/15/52 (Call 05/15/32) |
10,000 | 11,231,226 | ||||||
|
Metropolitan Transit Authority of Harris County Sales & Use Tax Revenue RB, 5.00%, 11/01/28 (Call 11/01/24) |
2,000 | 2,034,996 | ||||||
|
Midland
County Fresh Water Supply District No. 1 RB, Series A, 0.00%,
09/15/34 |
1,250 | 772,126 | ||||||
|
North East Independent School District/TX GO, 5.25%, 02/01/27 (PSF) |
530 | 564,652 | ||||||
|
North Texas Municipal Water District Water System Revenue |
||||||||
|
5.00%, 09/01/26 |
15,200 | 15,986,180 | ||||||
|
5.00%, 09/01/28 |
3,500 | 3,806,649 | ||||||
|
North Texas Municipal Water District Water System Revenue RB |
||||||||
|
4.00%, 09/01/46 (Call 09/01/26) |
6,000 | 5,761,629 | ||||||
|
5.00%, 09/01/27 |
6,000 | 6,409,804 | ||||||
|
North Texas Tollway Authority RB |
||||||||
|
0.00%, 01/01/36 (AGC)(a) |
18,500 | 11,120,424 | ||||||
|
4.00%, 01/01/33 (01/01/31) |
2,000 | 2,040,559 | ||||||
|
4.25%, 01/01/49 (Call 01/01/28) |
1,500 | 1,391,048 | ||||||
|
5.00%, 01/01/24 (Call 10/02/23) |
245 | 245,261 | ||||||
|
5.00%, 01/01/26 |
4,000 | 4,149,702 | ||||||
|
5.00%, 01/01/26 (Call 10/02/23) |
260 | 260,237 | ||||||
|
5.00%, 01/01/29 (Call 01/01/26) |
5,000 | 5,195,259 | ||||||
|
5.00%, 01/01/38 (Call 10/02/23) |
110 | 110,048 | ||||||
|
5.00%, 01/01/48 (Call 01/01/28) |
1,000 | 1,022,737 | ||||||
|
First Series, 0.00%, 01/01/33 (AGC)(a) |
38,450 | 26,887,570 | ||||||
|
First Series, 0.00%, 01/01/37 (AGC)(a) |
3,250 | 1,833,139 | ||||||
|
Series A, 4.00%, 01/01/36 (Call 01/01/29) |
8,300 | 8,348,091 | ||||||
|
Series A, 4.00%, 01/01/37 (Call 01/01/27) |
11,240 | 11,104,346 | ||||||
|
Series A, 4.00%, 01/01/37 (Call 01/01/29) |
7,000 | 6,986,672 | ||||||
|
Series A, 4.00%, 01/01/43 (Call 01/01/28) |
15,615 | 14,674,118 | ||||||
|
Series A, 4.00%, 01/01/44 (Call 01/01/29) |
2,000 | 1,868,146 | ||||||
|
Series A, 5.00%, 01/01/24 |
2,050 | 2,060,494 | ||||||
|
Series A, 5.00%, 01/01/25 (Call 01/01/24) |
2,550 | 2,561,551 | ||||||
|
Series A, 5.00%, 01/01/26 (Call 01/01/24) |
9,010 | 9,049,139 | ||||||
|
Series A, 5.00%, 01/01/27 (Call 01/01/24) |
11,705 | 11,756,978 | ||||||
|
Series A, 5.00%, 01/01/28 (Call 01/01/26) |
1,500 | 1,558,885 | ||||||
|
Series A, 5.00%, 01/01/30 (Call 01/01/26) |
8,375 | 8,694,543 | ||||||
|
Series A, 5.00%, 01/01/32 (Call 01/01/25) |
16,910 | 17,155,482 | ||||||
|
Series A, 5.00%, 01/01/33 (Call 01/01/25) |
2,000 | 2,027,352 | ||||||
|
Series A, 5.00%, 01/01/34 |
10,500 | 12,036,877 | ||||||
|
Series A, 5.00%, 01/01/34 (Call 01/01/27) |
1,000 | 1,049,486 | ||||||
|
Series A, 5.00%, 01/01/35 |
1,000 | 1,147,155 | ||||||
|
Series A, 5.00%, 01/01/35 (Call 01/01/27) |
1,900 | 1,987,087 | ||||||
|
Series A, 5.00%, 01/01/36 (Call 01/01/27) |
1,000 | 1,040,335 | ||||||
|
Series A, 5.00%, 01/01/38 (Call 01/01/25) |
13,455 | 13,545,934 | ||||||
|
Series A, 5.00%, 01/01/38 (Call 01/01/29) |
21,820 | 22,905,682 | ||||||
|
Series A, 5.00%, 01/01/39 (Call 01/01/26) |
2,500 | 2,548,834 | ||||||
|
Series A, 5.00%, 01/01/39 (Call 01/01/28) |
2,500 | 2,592,478 | ||||||
|
Series A, 5.00%, 01/01/43 (Call 01/01/28) |
26,025 | 26,733,143 | ||||||
|
Series A, 5.00%, 01/01/48 (Call 01/01/28) |
6,100 | 6,241,103 | ||||||
|
Series B, 0.00%, 09/01/37 (PR 09/01/31)(a) |
1,620 | 786,309 | ||||||
|
Series B, 0.00%, 09/01/43 (PR 09/01/31)(a) |
2,500 | 773,383 | ||||||
|
Series B, 3.00%, 01/01/46 (Call 01/01/31) |
2,000 | 1,483,400 | ||||||
|
Series B, 4.00%, 01/01/39 (Call 01/01/31) |
2,500 | 2,368,782 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
67 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par |
Value | ||||||
| Texas (continued) | ||||||||
|
Series B, 4.00%, 01/01/40 (Call 01/01/31) |
$ | 4,000 | $ | 3,752,817 | ||||
|
Series B, 4.00%, 01/01/41 (Call 01/01/31) |
1,150 | 1,068,052 | ||||||
|
Series B, 5.00%, 01/01/26 |
1,250 | 1,296,782 | ||||||
|
Series B, 5.00%, 01/01/27 |
2,500 | 2,642,580 | ||||||
|
Series B, 5.00%, 01/01/28 |
3,850 | 4,138,837 | ||||||
|
Series B, 5.00%, 01/01/29 |
1,700 | 1,854,790 | ||||||
|
Series B, 5.00%, 01/01/29 (Call 01/01/25) |
150 | 152,391 | ||||||
|
Series B, 5.00%, 01/01/31 (Call 01/01/24) |
2,000 | 2,006,560 | ||||||
|
Series B, 5.00%, 01/01/31 (Call 01/01/26) |
900 | 931,658 | ||||||
|
Series B, 5.00%, 01/01/34 (Call 01/01/25) |
4,750 | 4,811,729 | ||||||
|
Series B, 5.00%, 01/01/43 (Call 01/01/27) |
1,750 | 1,785,896 | ||||||
|
Series B, 5.00%, 01/01/48 (Call 01/01/27) |
1,750 | 1,780,134 | ||||||
|
Series C, 0.00%, 09/01/43 (PR 09/01/31) |
500 | 620,157 | ||||||
|
Series C, 6.75%, 09/01/45 (PR 09/01/31) |
500 | 619,380 | ||||||
|
Series D, 0.00%, 01/01/31 (AGC)(a) |
965 | 734,486 | ||||||
|
Series D, 0.00%, 01/01/34 (AGC)(a) |
2,900 | 1,941,836 | ||||||
|
Pasadena Independent School District GO, 4.00%, 02/15/44 (Call 02/15/28) (PSF) |
1,250 | 1,218,798 | ||||||
|
Permanent University Fund - Texas A&M University System RB |
||||||||
|
5.00%, 07/01/41 (Call 07/01/32) |
17,245 | 18,864,205 | ||||||
|
5.50%, 07/01/25 |
5,230 | 5,438,083 | ||||||
|
Permanent University Fund - University of Texas System RB |
||||||||
|
5.00%, 07/01/27 |
1,000 | 1,068,623 | ||||||
|
5.00%, 07/01/29 |
3,000 | 3,319,149 | ||||||
|
Series B, 5.00%, 07/01/25 (Call 07/01/24) |
2,700 | 2,738,541 | ||||||
|
Permanent University Fund-University of Texas System RB, Series B, 4.00%, 07/01/41 (Call 07/01/26) |
2,515 | 2,470,823 | ||||||
|
Plano Independent School District GO |
||||||||
|
5.00%, 02/15/25 |
7,010 | 7,170,879 | ||||||
|
5.00%, 02/15/26 (PSF) |
2,475 | 2,575,268 | ||||||
|
Port Authority of Houston of Harris County Texas RB |
||||||||
|
5.00%, 10/01/48 (10/01/33) |
4,545 | 4,814,230 | ||||||
|
5.00%, 10/01/51 (Call 04/01/32) |
5,000 | 5,246,181 | ||||||
|
Richardson Independent School District GO |
||||||||
|
4.00%, 02/15/46 (Call 02/15/30) (PSF) |
2,000 | 1,897,066 | ||||||
|
5.00%, 02/15/30 (Call 02/15/28) (PSF) |
1,800 | 1,950,944 | ||||||
|
5.00%, 02/15/42 (Call 02/15/26) (PSF) |
6,930 | 7,089,700 | ||||||
|
Round Rock Independent School District GO |
||||||||
|
5.00%, 08/01/27 |
3,185 | 3,416,477 | ||||||
|
Series A, 3.00%, 08/01/33 (Call 08/01/29) (PSF) |
1,750 | 1,666,175 | ||||||
|
Series A, 5.00%, 08/01/31 (Call 08/01/29) (PSF) |
4,000 | 4,392,730 | ||||||
|
San Antonio Independent School District/TX GO |
||||||||
|
5.00%, 02/15/24 (PSF-GTD) |
2,500 | 2,518,713 | ||||||
|
5.00%, 08/15/48 (Call 08/15/25) (PSF) |
6,000 | 6,067,123 | ||||||
|
San Antonio Public Facilities Corp. RB, 4.00%, 09/15/42 (Call 10/02/23) |
6,600 | 6,077,823 | ||||||
|
San Antonio Water System RB |
||||||||
|
5.00%, 05/15/35 (11/15/26) |
1,800 | 1,876,341 | ||||||
|
Series A, 4.00%, 05/15/51 (Call 05/15/31) |
3,790 | 3,402,381 | ||||||
|
Series A, 5.00%, 05/15/48 (Call 05/15/28) |
6,720 | 6,939,764 | ||||||
|
Series A, 5.00%, 05/15/50 (Call 05/15/30) |
6,000 | 6,263,950 | ||||||
|
Series B, 4.00%, 05/15/40 (Call 05/15/25) |
14,785 | 13,915,886 | ||||||
|
Series C, 4.00%, 05/15/50 (Call 05/15/30) |
1,000 | 901,332 | ||||||
|
Series C, 5.00%, 05/15/33 (Call 11/15/26) |
10,500 | 10,993,031 | ||||||
|
Series C, 5.00%, 05/15/34 (Call 11/15/26) |
1,220 | 1,276,026 | ||||||
|
Series C, 5.00%, 05/15/46 (Call 11/15/26) |
1,660 | 1,691,999 | ||||||
|
San Jacinto Community College District GOL, Series A, 5.00%, 02/15/44 (Call 02/15/29) |
3,660 | 3,777,232 | ||||||
| Security |
Par (000) |
Value | ||||||
| Texas (continued) | ||||||||
|
State of Texas GO |
||||||||
|
4.00%, 10/01/31 (Call 04/01/24) |
$ | 12,790 | $ | 12,810,945 | ||||
|
4.00%, 10/01/33 (PR 04/01/24) |
1,200 | 1,204,285 | ||||||
|
5.00%, 10/01/24 (Call 04/01/24) |
4,160 | 4,197,431 | ||||||
|
5.00%, 10/01/25 |
16,300 | 16,864,479 | ||||||
|
5.00%, 10/01/25 (Call 04/01/24) |
4,240 | 4,275,342 | ||||||
|
5.00%, 04/01/26 (Call 04/01/24) |
3,560 | 3,591,087 | ||||||
|
5.00%, 10/01/26 (PR 04/01/24) |
1,025 | 1,034,416 | ||||||
|
5.00%, 04/01/27 (PR 04/01/24) |
2,000 | 2,018,373 | ||||||
|
5.00%, 10/01/27 (Call 04/01/24) |
3,250 | 3,281,332 | ||||||
|
5.00%, 04/01/28 (PR 04/01/24) |
2,000 | 2,018,373 | ||||||
|
5.00%, 04/01/32 (Call 04/01/26) |
2,300 | 2,395,212 | ||||||
|
5.00%, 04/01/34 (Call 04/01/26) |
16,500 | 17,154,090 | ||||||
|
5.00%, 10/01/34 (Call 10/01/27) |
32,000 | 33,999,507 | ||||||
|
5.00%, 04/01/35 (PR 04/01/24) |
1,660 | 1,675,249 | ||||||
|
5.00%, 04/01/36 (PR 04/01/24) |
1,000 | 1,009,186 | ||||||
|
5.00%, 04/01/43 (Call 04/01/26) |
3,000 | 3,089,055 | ||||||
|
5.00%, 04/01/46 (Call 04/01/26) |
3,780 | 3,882,870 | ||||||
|
Series A, 4.00%, 10/01/31 (Call 10/01/24) |
2,000 | 2,006,120 | ||||||
|
Series A, 4.00%, 10/01/44 (Call 10/01/24) |
2,000 | 1,883,501 | ||||||
|
Series A, 5.00%, 10/01/23 |
4,575 | 4,580,482 | ||||||
|
Series A, 5.00%, 10/01/24 |
9,350 | 9,506,534 | ||||||
|
Series A, 5.00%, 10/01/26 (Call 10/01/24) |
3,305 | 3,361,000 | ||||||
|
Series A, 5.00%, 10/01/26 (Call 10/01/25) |
7,000 | 7,224,878 | ||||||
|
Series A, 5.00%, 04/01/27 (Call 04/01/26) |
5,890 | 6,153,074 | ||||||
|
Series A, 5.00%, 10/01/27 (Call 10/01/25) |
2,445 | 2,524,042 | ||||||
|
Series A, 5.00%, 10/01/28 (Call 10/01/24) |
5,000 | 5,088,427 | ||||||
|
Series A, 5.00%, 10/01/28 (Call 10/01/25) |
5,105 | 5,273,140 | ||||||
|
Series A, 5.00%, 10/01/30 (Call 10/01/27) |
2,000 | 2,135,070 | ||||||
|
Series A, 5.00%, 10/01/30 (PR 10/01/24) |
10,000 | 10,162,129 | ||||||
|
Series A, 5.00%, 10/01/31 (Call 10/01/25) |
1,000 | 1,031,113 | ||||||
|
Series A, 5.00%, 10/01/33 (Call 10/01/27) |
34,100 | 36,301,264 | ||||||
|
Series A, 5.00%, 10/01/36 (Call 10/01/25) |
10,150 | 10,422,774 | ||||||
|
Series A, 5.00%, 04/01/44 (Call 04/01/26) |
2,045 | 2,103,683 | ||||||
|
Series A, 5.00%, 10/01/44 (PR 10/01/24) |
15,000 | 15,243,193 | ||||||
|
Series B, 5.00%, 10/01/31 (Call 10/01/27) |
6,755 | 7,201,247 | ||||||
|
Series B, 5.00%, 10/01/32 (Call 10/01/27) |
5,825 | 6,205,636 | ||||||
|
Series B, 5.00%, 08/01/40 (Call 08/01/25) |
3,000 | 3,052,502 | ||||||
|
Series D, 4.00%, 05/15/45 (Call 05/15/25) |
2,000 | 1,866,943 | ||||||
|
Tarrant County College District GOL |
||||||||
|
5.00%, 08/15/26 |
3,060 | 3,212,788 | ||||||
|
5.00%, 08/15/35 (Call 08/15/32) |
5,910 | 6,662,907 | ||||||
|
Texas A&M University RB, Series E, 5.00%, 05/15/34 (Call 05/15/27) |
5,640 | 5,980,708 | ||||||
|
Texas State University System RB |
||||||||
|
Series A, 5.00%, 03/15/28 (Call 03/15/27) |
6,670 | 7,070,785 | ||||||
|
Series A, 5.00%, 03/15/31 (Call 03/15/27) |
1,900 | 2,003,098 | ||||||
|
Texas Transportation Commission GO, VRDN, 0.65%, 10/01/41 (Put 10/01/25)(b) |
5,000 | 4,533,507 | ||||||
|
Texas Transportation Commission RB, 5.00%, 08/01/57 (Call 02/01/29) |
1,750 | 1,716,182 | ||||||
|
Texas Transportation Commission State Highway Fund RB |
||||||||
|
5.00%, 04/01/33 (PR 04/01/24) |
25,000 | 25,222,565 | ||||||
|
5.00%, 04/01/34 (PR 04/01/24) |
23,100 | 23,305,650 | ||||||
|
First Series, 5.00%, 10/01/25 |
2,280 | 2,358,031 | ||||||
|
First Series, 5.00%, 10/01/26 |
4,810 | 5,068,044 | ||||||
|
Series A, 5.00%, 04/01/24 |
6,600 | 6,661,754 | ||||||
|
Series A, 5.00%, 10/01/24 |
6,765 | 6,883,986 | ||||||
|
Series A, 5.00%, 04/01/25 (Call 04/01/24) |
1,305 | 1,317,597 | ||||||
| 68 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par |
Value | ||||||
| Texas (continued) | ||||||||
|
Series A, 5.00%, 10/01/26 |
$ | 1,210 | $ | 1,274,913 | ||||
|
Series A, 5.00%, 10/01/30 (Call 10/01/26) |
5,000 | 5,227,537 | ||||||
|
Texas Water Development Board RB |
||||||||
|
3.00%, 10/15/40 (Call 10/15/30) |
3,500 | 2,909,948 | ||||||
|
4.00%, 10/15/33 (Call 10/15/30) |
3,080 | 3,170,376 | ||||||
|
4.00%, 08/01/34 (Call 08/01/30) |
5,000 | 5,125,443 | ||||||
|
4.00%, 10/15/35 (Call 10/15/31) |
4,740 | 4,816,681 | ||||||
|
4.00%, 04/15/51 (Call 10/15/30) |
6,000 | 5,627,154 | ||||||
|
4.00%, 10/15/56 (Call 10/15/31) |
7,420 | 6,855,724 | ||||||
|
4.45%, 10/15/36 (Call 10/15/32) |
1,000 | 1,068,735 | ||||||
|
4.80%, 10/15/52 (Call 10/15/32) |
1,500 | 1,565,272 | ||||||
|
5.00%, 04/15/26 |
1,380 | 1,443,562 | ||||||
|
5.00%, 10/15/26 |
3,310 | 3,493,141 | ||||||
|
5.00%, 08/01/27 |
1,500 | 1,600,460 | ||||||
|
5.00%, 08/01/28 |
1,110 | 1,204,882 | ||||||
|
5.00%, 08/01/30 |
1,310 | 1,464,555 | ||||||
|
5.00%, 10/15/30 (Call 04/15/28) |
7,940 | 8,588,268 | ||||||
|
5.00%, 10/15/31 (Call 10/15/26) |
5,000 | 5,273,031 | ||||||
|
5.00%, 08/01/41 (08/01/32) |
11,175 | 12,158,465 | ||||||
|
5.00%, 10/15/47 (Call 10/15/32) |
22,500 | 23,955,167 | ||||||
|
5.25%, 10/15/46 (Call 10/15/26) |
2,000 | 2,060,986 | ||||||
|
Series A, 3.00%, 10/15/33 (Call 10/15/29) |
2,000 | 1,889,782 | ||||||
|
Series A, 3.00%, 10/15/34 (Call 10/15/29) |
2,000 | 1,862,908 | ||||||
|
Series A, 3.00%, 10/15/39 (Call 10/15/29) |
2,585 | 2,192,161 | ||||||
|
Series A, 4.00%, 10/15/32 (Call 10/15/27) |
3,450 | 3,507,618 | ||||||
|
Series A, 4.00%, 10/15/33 (Call 10/15/27) |
2,000 | 2,028,779 | ||||||
|
Series A, 4.00%, 10/15/34 (Call 10/15/25) |
3,000 | 3,008,729 | ||||||
|
Series A, 4.00%, 10/15/34 (Call 10/15/27) |
1,000 | 1,010,749 | ||||||
|
Series A, 4.00%, 10/15/35 (Call 10/15/27) |
2,500 | 2,510,629 | ||||||
|
Series A, 4.00%, 10/15/36 (Call 04/15/28) |
3,000 | 3,013,920 | ||||||
|
Series A, 4.00%, 10/15/36 (Call 10/15/29) |
5,725 | 5,759,292 | ||||||
|
Series A, 4.00%, 10/15/38 (Call 04/15/28) |
9,160 | 9,144,750 | ||||||
|
Series A, 4.00%, 10/15/38 (Call 10/15/29) |
1,490 | 1,487,519 | ||||||
|
Series A, 4.00%, 10/15/44 (Call 10/15/29) |
5,000 | 4,775,045 | ||||||
|
Series A, 4.00%, 10/15/45 (Call 10/15/25) |
4,865 | 4,611,921 | ||||||
|
Series A, 4.00%, 10/15/47 (Call 10/15/27) |
3,755 | 3,538,320 | ||||||
|
Series A, 4.00%, 10/15/49 (Call 10/15/29) |
20,445 | 19,212,592 | ||||||
|
Series A, 4.00%, 10/15/54 (Call 10/15/29) |
1,000 | 929,264 | ||||||
|
Series A, 5.00%, 04/15/24 |
5,920 | 5,974,780 | ||||||
|
Series A, 5.00%, 04/15/29 (Call 10/15/27) |
1,000 | 1,068,693 | ||||||
|
Series A, 5.00%, 10/15/30 (Call 10/15/25) |
1,000 | 1,037,340 | ||||||
|
Series A, 5.00%, 10/15/31 (Call 10/15/25) |
1,000 | 1,037,755 | ||||||
|
Series A, 5.00%, 10/15/31 (Call 10/15/27) |
1,000 | 1,068,648 | ||||||
|
Series A, 5.00%, 10/15/31 (Call 04/15/28) |
6,605 | 7,139,084 | ||||||
|
Series A, 5.00%, 10/15/40 (Call 10/15/25) |
890 | 910,234 | ||||||
|
Series A, 5.00%, 10/15/42 (Call 10/15/27) |
2,000 | 2,068,766 | ||||||
|
Series A, 5.00%, 10/15/43 (Call 04/15/28) |
11,750 | 12,255,477 | ||||||
|
Series A, 5.00%, 10/15/47 (Call 10/15/27) |
2,500 | 2,571,827 | ||||||
|
Series B, 4.00%, 10/15/34 (Call 10/15/28) |
3,000 | 3,053,398 | ||||||
|
Series B, 4.00%, 10/15/36 (Call 10/15/28) |
10,000 | 10,050,987 | ||||||
|
Series B, 4.00%, 10/15/43 (Call 10/15/28) |
7,000 | 6,727,950 | ||||||
|
Series B, 5.00%, 10/15/23 |
2,030 | 2,033,317 | ||||||
|
Series B, 5.00%, 04/15/25 |
5,520 | 5,665,350 | ||||||
|
Series B, 5.00%, 04/15/30 (Call 10/15/28) |
1,860 | 2,026,042 | ||||||
|
Series B, 5.00%, 10/15/32 (Call 10/15/28) |
5,815 | 6,318,634 | ||||||
|
Series B, 5.00%, 04/15/49 (Call 10/15/28) |
39,020 | 40,476,398 | ||||||
|
Trinity River Authority Central Regional Wastewater System Revenue RB, 5.00%, 08/01/28 (Call 08/01/27) |
2,000 | 2,125,353 | ||||||
| Security |
Par |
Value | ||||||
| Texas (continued) | ||||||||
|
Tyler Independent School District GO, 4.00%, 02/15/47 (Call 02/15/27) (PSF) |
$ | 1,600 | $ | 1,509,718 | ||||
|
Waco Educational Finance Corp. RB, 4.00%, 03/01/51 (Call 03/01/31) |
2,000 | 1,738,342 | ||||||
|
Wylie Independent School District GO, Series A, 5.00%, 08/15/30 (PSF) |
14,960 | 16,744,602 | ||||||
|
Ysleta Independent School District GO, 5.00%, 08/15/47 (Call 08/15/26) (PSF) |
2,940 | 2,994,077 | ||||||
|
|
|
|||||||
| 2,426,027,816 | ||||||||
| Utah — 0.9% | ||||||||
|
Central Valley Water Reclamation Facility RB, Series C, 4.00%, 03/01/47 (Call 03/01/31) |
2,000 | 1,862,431 | ||||||
|
City of Salt Lake City UT Airport Revenue RB |
||||||||
|
Series B, 5.00%, 07/01/47 (Call 07/01/27) |
3,645 | 3,709,755 | ||||||
|
Series B, 5.00%, 07/01/48 (Call 07/01/28) |
2,000 | 2,043,677 | ||||||
|
City of Salt Lake City UT Public Utilities Revenue RB, 5.00%, 02/01/52 (Call 02/01/32) |
30,000 | 32,010,951 | ||||||
|
Intermountain Power Agency RB |
||||||||
|
5.00%, 07/01/31 |
18,170 | 20,598,184 | ||||||
|
5.00%, 07/01/37 (Call 07/01/32) |
1,000 | 1,110,370 | ||||||
|
5.00%, 07/01/38 (Call 07/01/32) |
1,000 | 1,102,410 | ||||||
|
Series A, 4.00%, 07/01/36 (Call 07/01/31) |
2,500 | 2,535,145 | ||||||
|
Series A, 5.00%, 07/01/26 |
3,445 | 3,615,026 | ||||||
|
Series A, 5.00%, 07/01/29 |
1,250 | 1,379,465 | ||||||
|
Series A, 5.00%, 07/01/30 |
2,000 | 2,234,512 | ||||||
|
Series A, 5.00%, 07/01/32 (Call 07/01/31) |
1,000 | 1,132,628 | ||||||
|
Series A, 5.00%, 07/01/33 (Call 07/01/31) |
1,250 | 1,415,255 | ||||||
|
Series A, 5.00%, 07/01/34 (Call 07/01/31) |
1,250 | 1,411,414 | ||||||
|
Series A, 5.00%, 07/01/38 (Call 07/01/31) |
2,500 | 2,730,907 | ||||||
|
Series A, 5.00%, 07/01/39 (Call 07/01/31) |
10,000 | 10,841,761 | ||||||
|
Series A, 5.00%, 07/01/40 (Call 07/01/31) |
2,500 | 2,700,085 | ||||||
|
Series A, 5.00%, 07/01/42 (Call 07/01/31) |
2,500 | 2,680,280 | ||||||
|
State of Utah GO |
||||||||
|
3.00%, 07/01/34 (Call 01/01/29) |
4,120 | 3,926,937 | ||||||
|
5.00%, 07/01/24 |
13,240 | 13,427,327 | ||||||
|
5.00%, 07/01/25 (PR 01/01/25) |
18,300 | 18,699,235 | ||||||
|
5.00%, 07/01/26 |
13,315 | 14,008,980 | ||||||
|
5.00%, 07/01/27 (Call 01/01/27) |
1,140 | 1,214,158 | ||||||
|
5.00%, 07/01/29 (Call 01/01/29) |
4,000 | 4,412,841 | ||||||
|
5.00%, 07/01/30 (Call 01/01/29) |
5,600 | 6,166,577 | ||||||
|
5.00%, 07/01/31 (Call 01/01/29) |
13,500 | 14,842,896 | ||||||
|
Series B, 5.00%, 07/01/24 |
10,710 | 10,861,530 | ||||||
|
Series B, 5.00%, 07/01/25 |
6,010 | 6,202,849 | ||||||
|
Series B, 5.00%, 07/01/26 |
11,825 | 12,441,320 | ||||||
|
Series B, 5.00%, 07/01/27 |
24,550 | 26,363,086 | ||||||
|
Series B, 5.00%, 07/01/28 |
1,470 | 1,610,480 | ||||||
|
Series B, 5.00%, 07/01/29 (Call 01/01/29) |
1,600 | 1,765,136 | ||||||
|
University of Utah (The) RB |
||||||||
|
5.00%, 08/01/27 |
1,330 | 1,423,620 | ||||||
|
5.00%, 08/01/35 (Call 08/01/32) |
5,280 | 6,014,181 | ||||||
|
5.00%, 08/01/41 (Call 08/01/32) |
11,885 | 12,941,065 | ||||||
|
5.00%, 08/01/42 (Call 08/01/32) |
2,490 | 2,699,202 | ||||||
|
Series A, 4.00%, 08/01/51 (Call 08/01/31) |
12,000 | 11,016,848 | ||||||
|
Utah Transit Authority RB |
||||||||
|
Series A, 5.00%, 06/15/24 |
5,540 | 5,609,849 | ||||||
|
Series A, 5.00%, 06/15/25 |
3,630 | 3,726,395 | ||||||
|
Series A, 5.00%, 06/15/26 (PR 06/15/25) |
3,440 | 3,544,985 | ||||||
|
Series A, 5.00%, 06/15/27 (PR 06/15/25) |
10,400 | 10,717,396 | ||||||
|
Series A, 5.00%, 06/15/28 (PR 06/15/25) |
5,005 | 5,157,747 | ||||||
|
Series A, 5.00%, 06/15/29 (PR 06/15/25) |
3,010 | 3,101,862 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
69 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par |
Value | ||||||
| Utah (continued) | ||||||||
|
Series A, 5.00%, 06/15/37 (PR 06/15/25) |
$ | 4,815 | $ | 4,961,948 | ||||
|
Series A, 5.00%, 06/15/38 (PR 06/15/25) |
5,500 | 5,667,853 | ||||||
|
|
|
|||||||
| 307,640,559 | ||||||||
| Vermont — 0.0% | ||||||||
|
University of Vermont & State Agricultural College RB, 5.00%, 10/01/40 (Call 10/01/25) |
1,000 | 1,013,713 | ||||||
|
|
|
|||||||
| Virginia — 1.9% | ||||||||
|
Chesapeake Bay Bridge & Tunnel District RB |
||||||||
|
5.00%, 11/01/23 |
10,715 | 10,732,854 | ||||||
|
5.00%, 07/01/46 (Call 07/01/26) |
21,350 | 21,559,311 | ||||||
|
5.00%, 07/01/51 (Call 07/01/26) |
1,500 | 1,509,873 | ||||||
|
Series 2016, 5.00%, 07/01/41 (Call 07/01/26) (AGM) |
3,000 | 3,056,810 | ||||||
|
City of Alexandria VA GO, Series A, 3.00%, 07/15/46 (Call 07/15/30) |
1,000 | 765,807 | ||||||
|
City of Norfolk VA, 5.00%, 08/01/46 (PR 08/01/28) (SAW) |
2,755 | 3,019,395 | ||||||
|
City of Richmond VA Public Utility Revenue RB |
||||||||
|
5.00%, 01/15/30 (Call 01/15/26) |
1,000 | 1,039,066 | ||||||
|
5.00%, 01/15/32 (Call 01/15/26) |
2,020 | 2,096,581 | ||||||
|
Series A, 5.00%, 01/15/29 (Call 01/15/26) |
2,000 | 2,078,593 | ||||||
|
Commonwealth of Virginia GO |
||||||||
|
Series B, 5.00%, 06/01/26 (Call 06/01/25) (SAW) |
3,025 | 3,119,107 | ||||||
|
Series B, 5.00%, 06/01/27 (Call 06/01/25) (SAW) |
2,090 | 2,154,661 | ||||||
|
County of Arlington VA GO |
||||||||
|
4.00%, 06/15/34 (Call 06/15/29) |
2,085 | 2,178,363 | ||||||
|
5.00%, 06/15/32 |
8,715 | 10,103,639 | ||||||
|
County of Fairfax VA |
||||||||
|
2.00%, 10/01/38 (Call 04/01/32) |
13,630 | 9,816,995 | ||||||
|
5.00%, 10/01/36 |
7,305 | 7,947,635 | ||||||
|
County of Fairfax VA GO |
||||||||
|
4.00%, 10/01/24 (SAW) |
10,000 | 10,074,599 | ||||||
|
4.00%, 10/01/30 (SAW) |
8,600 | 9,157,390 | ||||||
|
4.00%, 10/01/32 (Call 04/01/27) (SAW) |
9,900 | 10,200,063 | ||||||
|
5.00%, 10/01/25 (Call 04/01/25) (SAW) |
5,000 | 5,182,977 | ||||||
|
5.00%, 10/01/31 (Call 04/01/29) (SAW) |
5,280 | 5,848,559 | ||||||
|
5.00%, 10/01/32 (Call 04/01/32) (SAW) |
4,265 | 4,936,667 | ||||||
|
5.00%, 10/01/38 (Call 04/01/30) (SAW) |
5,035 | 5,487,017 | ||||||
|
Series A, 4.00%, 10/01/24 |
2,165 | 2,181,151 | ||||||
|
Series A, 4.00%, 10/01/27 (Call 04/01/26) (SAW) |
7,625 | 7,800,307 | ||||||
|
Series A, 5.00%, 10/01/28 |
5,000 | 5,496,646 | ||||||
|
Series A, 5.00%, 10/01/28 (Call 04/01/27) (SAW) |
1,800 | 1,924,106 | ||||||
|
Series B, 5.00%, 10/01/24 (SAW) |
3,550 | 3,613,568 | ||||||
|
County of Fairfax VA Sewer Revenue RB, Series A, 4.00%, 07/15/51 (Call 07/15/31) |
10,000 | 9,540,489 | ||||||
|
County of Henrico VA GO, Series A, 5.00%, 08/01/28 (SAW) |
1,260 | 1,382,735 | ||||||
|
County of Henrico VA Water & Sewer Revenue RB, 4.13%, 05/01/44 (Call 05/01/24) |
18,780 | 18,883,840 | ||||||
|
County of Loudoun VA GO, 4.00%, 12/01/31 (Call 12/01/30) (SAW) |
3,295 | 3,503,450 | ||||||
|
Hampton Roads Sanitation District RB |
||||||||
|
Series A, 5.00%, 08/01/30 (Call 08/01/26) |
2,000 | 2,103,358 | ||||||
|
Series A, 5.00%, 08/01/37 (Call 08/01/26) |
8,570 | 9,012,890 | ||||||
|
Hampton Roads Transportation Accountability Commission, 5.00%, 07/01/52 (PR 01/01/28) |
10,000 | 10,834,405 | ||||||
|
Hampton
Roads Transportation Accountability Commission RB |
21,035 | 22,066,766 | ||||||
| Security |
Par |
Value | ||||||
| Virginia (continued) | ||||||||
|
5.50%, 07/01/57 (Call 01/01/28) |
$ | 11,380 | $ | 12,558,934 | ||||
|
Series A, 4.00%, 07/01/45 (Call 07/01/30) |
2,000 | 1,901,845 | ||||||
|
Series A, 4.00%, 07/01/60 (Call 07/01/30) |
5,000 | 4,585,353 | ||||||
|
Series A, 5.00%, 07/01/39 (Call 07/01/30) |
5,000 | 5,432,668 | ||||||
|
Series A, 5.00%, 07/01/42 (Call 01/01/28) |
8,110 | 8,480,483 | ||||||
|
Series A, 5.00%, 07/01/60 (Call 07/01/30) |
2,000 | 2,106,018 | ||||||
|
Northern Virginia Transportation Commission RB, 5.00%, 06/01/47 (Call 06/01/32) |
8,000 | 8,597,616 | ||||||
|
University of Virginia RB |
||||||||
|
5.00%, 04/01/38 (Call 04/01/27) |
1,000 | 1,052,450 | ||||||
|
Series A-2, 5.00%, 04/01/45 (Call 04/01/25) |
8,000 | 8,140,686 | ||||||
|
Virginia College Building Authority, 5.00%, 02/01/30 |
6,340 | 7,082,879 | ||||||
|
Virginia College Building Authority RB |
||||||||
|
3.00%, 02/01/40 (Call 02/01/31) |
2,485 | 2,053,847 | ||||||
|
3.00%, 09/01/51 (Call 09/01/31) |
7,110 | 5,150,701 | ||||||
|
3.50%, 02/01/34 (Call 02/01/32) |
2,000 | 1,984,743 | ||||||
|
5.00%, 02/01/24 |
10,000 | 10,068,922 | ||||||
|
5.00%, 02/01/27 |
14,000 | 14,882,356 | ||||||
|
5.00%, 02/01/28 |
21,120 | 22,874,479 | ||||||
|
5.00%, 02/01/30 |
12,250 | 13,685,374 | ||||||
|
5.00%, 02/01/32 |
3,015 | 3,459,861 | ||||||
|
5.00%, 02/01/34 (Call 02/01/33) |
3,500 | 4,067,607 | ||||||
|
5.00%, 02/01/35 (Call 02/01/32) |
13,000 | 14,797,510 | ||||||
|
5.00%, 02/01/36 (Call 02/01/32) |
13,000 | 14,641,160 | ||||||
|
5.00%, 02/01/38 (Call 02/01/32) |
1,790 | 1,977,211 | ||||||
|
5.00%, 02/01/39 (Call 02/01/32) |
2,000 | 2,197,438 | ||||||
|
5.00%, 02/01/40 (Call 02/01/32) |
20,955 | 22,909,483 | ||||||
|
5.00%, 02/01/42 (Call 02/01/32) |
4,460 | 4,850,527 | ||||||
|
5.25%, 02/01/41 (Call 02/01/32) |
5,000 | 5,546,529 | ||||||
|
Series A, 3.00%, 02/01/36 (Call 02/01/29) |
5,000 | 4,494,287 | ||||||
|
Series A, 4.00%, 02/01/31 (Call 02/01/26) |
4,300 | 4,387,698 | ||||||
|
Series A, 4.00%, 02/01/32 (Call 02/01/25) |
3,000 | 3,028,822 | ||||||
|
Series A, 5.00%, 09/01/27 (Call 09/01/26) (ST INTERCEPT) |
4,700 | 4,944,448 | ||||||
|
Series C, 5.00%, 02/01/25 |
8,620 | 8,828,864 | ||||||
|
Series C, 5.00%, 02/01/28 |
500 | 541,536 | ||||||
|
Series C, 5.00%, 02/01/30 (Call 02/01/27) |
3,800 | 4,012,718 | ||||||
|
Series C, 5.00%, 02/01/30 (Call 02/01/29) |
2,775 | 3,054,428 | ||||||
|
Series C, 5.00%, 02/01/31 (Call 02/01/27) |
1,830 | 1,924,313 | ||||||
|
Series D, 3.00%, 02/01/27 (Call 02/01/25) (HERBIP) |
2,685 | 2,624,915 | ||||||
|
Series E, 5.00%, 02/01/26 |
4,405 | 4,593,494 | ||||||
|
Series E, 5.00%, 02/01/28 |
1,000 | 1,083,072 | ||||||
|
Series E, 5.00%, 02/01/29 (Call 02/01/28) |
5,000 | 5,416,013 | ||||||
|
Series E, 5.00%, 02/01/30 (Call 02/01/28) |
1,815 | 1,962,981 | ||||||
|
Series E, 5.00%, 02/01/31 (Call 02/01/28) |
1,025 | 1,107,047 | ||||||
|
Virginia Commonwealth Transportation Board RB |
||||||||
|
4.00%, 05/15/33 (Call 05/15/32) |
12,320 | 13,028,814 | ||||||
|
4.00%, 05/15/35 (Call 05/15/32) |
8,000 | 8,328,722 | ||||||
|
4.00%, 05/15/42 (Call 05/15/27) |
14,260 | 13,997,575 | ||||||
|
5.00%, 03/15/24 |
5,000 | 5,045,071 | ||||||
|
5.00%, 09/15/27 |
1,000 | 1,076,489 | ||||||
|
Series A, 4.00%, 05/15/35 (Call 11/15/27) |
1,000 | 1,017,023 | ||||||
|
Series A, 4.00%, 05/15/36 (Call 11/15/27) |
4,985 | 5,034,455 | ||||||
|
Series A, 5.00%, 05/15/26 |
4,375 | 4,587,482 | ||||||
|
Series A, 5.00%, 05/15/27 |
2,465 | 2,640,944 | ||||||
|
Series A, 5.00%, 05/15/30 (Call 11/15/27) |
21,035 | 22,574,415 | ||||||
|
Series A, 5.00%, 05/15/33 (Call 11/15/27) |
2,275 | 2,435,282 | ||||||
|
Virginia Public Building Authority RB |
||||||||
|
Series A, 5.00%, 08/01/26 |
4,000 | 4,208,992 | ||||||
|
Series A, 5.00%, 08/01/27 |
3,000 | 3,219,176 | ||||||
| 70 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par |
Value | ||||||
| Virginia (continued) | ||||||||
|
Series A, 5.00%, 08/01/28 (Call 08/01/27) |
$ | 1,145 | $ | 1,230,716 | ||||
|
Series A, 5.00%, 08/01/38 (Call 08/01/32) |
1,010 | 1,125,952 | ||||||
|
Series A-2, 4.00%, 08/01/34 (Call 08/01/31) |
2,000 | 2,078,614 | ||||||
|
Series B, 5.00%, 08/01/24 |
9,755 | 9,902,841 | ||||||
|
Series B, 5.00%, 08/01/25 |
1,975 | 2,038,107 | ||||||
|
Series C, 4.00%, 08/01/25 (Call 08/01/24) |
255 | 256,675 | ||||||
|
Series C, 4.00%, 08/01/26 (Call 08/01/24) |
3,660 | 3,677,062 | ||||||
|
Virginia Public School Authority RB |
||||||||
|
5.00%, 08/01/26 (Call 08/01/25) (SAW) |
1,515 | 1,564,919 | ||||||
|
5.00%, 08/01/27 (Call 08/01/25) |
5,000 | 5,161,939 | ||||||
|
5.00%, 08/01/28 (Call 08/01/25) |
1,940 | 2,002,469 | ||||||
|
5.00%, 08/01/29 (SAW) |
2,685 | 2,983,736 | ||||||
|
5.00%, 08/01/47 (Call 08/01/32) (SAW) |
6,410 | 6,958,857 | ||||||
|
Virginia Resources Authority Clean Water Revolving Fund RB, 5.00%, 10/01/26 (Call 10/01/24) |
26,155 | 26,567,752 | ||||||
|
|
|
|||||||
| 640,245,068 | ||||||||
| Washington — 3.9% | ||||||||
|
Central Puget Sound Regional Transit Authority RB |
||||||||
|
Series S-1, 5.00%, 11/01/27 |
1,500 | 1,616,837 | ||||||
|
Series S-1, 5.00%, 11/01/28 |
1,505 | 1,653,014 | ||||||
|
Series S-1, 5.00%, 11/01/29 (Call 11/01/25) |
3,500 | 3,628,239 | ||||||
|
Series S-1, 5.00%, 11/01/31 (PR 11/01/25) |
1,250 | 1,295,800 | ||||||
|
Series S-1, 5.00%, 11/01/35 (PR 11/01/25) |
16,810 | 17,425,913 | ||||||
|
Series S-1, 5.00%, 11/01/36 (Call 11/01/25) |
4,500 | 4,664,879 | ||||||
|
Series S-1, 5.00%, 11/01/36 (Call 11/01/31) |
3,000 | 3,341,116 | ||||||
|
Series S-1, 5.00%, 11/01/45 (PR 11/01/25) |
19,835 | 20,561,748 | ||||||
|
Series S-1, 5.00%, 11/01/46 |
3,170 | 3,496,649 | ||||||
|
City of Seattle WA GOL |
||||||||
|
Series A, 5.00%, 06/01/24 |
1,955 | 1,979,415 | ||||||
|
Series A, 5.00%, 12/01/29 |
5,415 | 6,046,604 | ||||||
|
Series A, 5.00%, 12/01/30 |
7,860 | 8,917,249 | ||||||
|
Series A, 5.00%, 09/01/31 |
6,440 | 7,392,037 | ||||||
|
City of Seattle WA Municipal Light & Power Revenue, 5.00%, 03/01/32 |
11,735 | 13,508,814 | ||||||
|
City of Seattle WA Municipal Light & Power Revenue RB |
||||||||
|
4.00%, 09/01/44 (Call 09/01/24) |
4,500 | 4,324,891 | ||||||
|
5.00%, 02/01/24 |
5,825 | 5,865,855 | ||||||
|
5.00%, 07/01/43 (Call 07/01/32) |
2,360 | 2,543,026 | ||||||
|
5.00%, 07/01/47 (Call 07/01/32) |
19,330 | 20,588,837 | ||||||
|
5.00%, 03/01/48 (03/01/33) |
17,300 | 18,457,879 | ||||||
|
Series A, 4.00%, 07/01/39 (Call 07/01/31) |
3,735 | 3,687,667 | ||||||
|
Series A, 4.00%, 06/01/41 (Call 09/21/23) |
23,985 | 23,510,838 | ||||||
|
Series A, 4.00%, 07/01/41 (Call 07/01/31) |
5,000 | 4,893,647 | ||||||
|
Series A, 4.00%, 07/01/43 (Call 07/01/31) |
12,000 | 11,692,546 | ||||||
|
Series A, 4.00%, 05/01/45 (Call 05/01/25) |
1,765 | 1,686,461 | ||||||
|
Series A, 4.00%, 07/01/47 (Call 07/01/31) |
9,805 | 9,266,282 | ||||||
|
Series A, 4.00%, 07/01/51 (Call 07/01/31) |
4,865 | 4,503,342 | ||||||
|
Series B, 5.00%, 02/01/25 |
4,475 | 4,583,430 | ||||||
|
Series C, 4.00%, 09/01/47 (Call 09/01/27) |
3,135 | 2,964,869 | ||||||
|
City of Tacoma WA Electric System Revenue RB |
||||||||
|
Series A, 4.00%, 01/01/42 (Call 09/21/23) |
1,000 | 962,193 | ||||||
|
Series A, 5.00%, 01/01/38 (Call 09/21/23) |
4,400 | 4,401,940 | ||||||
|
City of Tacoma WA Sewer Revenue RB, 4.00%, 12/01/51 (Call 12/01/31) |
19,440 | 17,969,413 | ||||||
|
City of Tacoma WA Water Revenue RB, 4.00%, 12/01/43 (Call 09/21/23) |
41,415 | 39,769,739 | ||||||
|
County of King WA GOL |
||||||||
|
5.00%, 01/01/28 |
3,270 | 3,540,086 | ||||||
|
5.00%, 12/01/28 |
2,515 | 2,769,972 | ||||||
| Security |
Par |
Value | ||||||
| Washington (continued) | ||||||||
|
5.00%, 12/01/39 (Call 06/01/33) |
$ | 5,140 | $ | 5,726,472 | ||||
|
Series A, 4.00%, 01/01/25 |
3,950 | 3,987,555 | ||||||
|
Series A, 5.00%, 01/01/31 |
7,000 | 7,951,968 | ||||||
|
Series A, VRDN, 4.00%, 01/01/46 (Put 08/31/23)(b) |
42,495 | 42,495,000 | ||||||
|
County of King WA Sewer Revenue RB |
||||||||
|
4.00%, 01/01/45 (Call 07/01/33) |
14,885 | 14,137,615 | ||||||
|
5.00%, 01/01/28 |
5,000 | 5,412,975 | ||||||
|
5.00%, 07/01/40 (PR 01/01/25) |
2,000 | 2,044,937 | ||||||
|
Series A, 4.00%, 01/01/47 (Call 01/01/30) |
3,385 | 3,149,541 | ||||||
|
Series A, 4.00%, 01/01/52 (Call 01/01/30) |
27,000 | 24,618,535 | ||||||
|
Series A, VRDN, 0.63%, 01/01/32 (Put 09/21/23)(b) |
2,000 | 1,976,018 | ||||||
|
Series B, 5.00%, 07/01/25 |
5,720 | 5,896,362 | ||||||
|
Series B, 5.00%, 07/01/27 (Call 07/01/26) |
1,640 | 1,719,806 | ||||||
|
Series B, 5.00%, 07/01/46 (Call 07/01/26) |
3,000 | 3,074,166 | ||||||
|
Energy Northwest RB |
||||||||
|
4.00%, 07/01/42 (Call 07/01/31) |
9,000 | 8,801,623 | ||||||
|
5.00%, 07/01/26 (Call 07/01/25) |
2,000 | 2,057,604 | ||||||
|
5.00%, 07/01/27 (Call 07/01/24) |
19,025 | 19,263,183 | ||||||
|
5.00%, 07/01/28 |
3,575 | 3,896,449 | ||||||
|
5.00%, 07/01/32 |
5,405 | 6,237,897 | ||||||
|
5.00%, 07/01/36 (Call 07/01/32) |
8,500 | 9,533,333 | ||||||
|
5.00%, 07/01/37 (Call 07/01/32) |
21,000 | 23,317,770 | ||||||
|
5.00%, 07/01/39 (Call 07/01/33) |
8,000 | 8,849,574 | ||||||
|
5.00%, 07/01/40 (Call 07/01/31) |
5,205 | 5,639,892 | ||||||
|
5.00%, 07/01/41 (Call 07/01/31) |
12,090 | 13,056,096 | ||||||
|
Series A, 4.00%, 07/01/38 (Call 07/01/25) |
2,000 | 1,992,419 | ||||||
|
Series A, 5.00%, 07/01/26 |
9,910 | 10,412,796 | ||||||
|
Series A, 5.00%, 07/01/27 |
1,000 | 1,070,114 | ||||||
|
Series A, 5.00%, 07/01/28 |
1,555 | 1,694,819 | ||||||
|
Series A, 5.00%, 07/01/28 (Call 07/01/27) |
7,935 | 8,472,113 | ||||||
|
Series A, 5.00%, 07/01/30 (Call 07/01/24) |
2,500 | 2,530,486 | ||||||
|
Series A, 5.00%, 07/01/33 (Call 07/01/25) |
2,500 | 2,566,204 | ||||||
|
Series A, 5.00%, 07/01/34 (Call 07/01/25) |
2,000 | 2,051,538 | ||||||
|
Series A, 5.00%, 07/01/36 (Call 07/01/30) |
1,000 | 1,100,270 | ||||||
|
Series A, 5.00%, 07/01/37 (Call 07/01/29) |
2,000 | 2,152,980 | ||||||
|
Series A, 5.00%, 07/01/38 (Call 07/01/25) |
8,045 | 8,223,725 | ||||||
|
Series C, 5.00%, 07/01/25 |
4,805 | 4,952,289 | ||||||
|
Series C, 5.00%, 07/01/27 |
1,000 | 1,070,114 | ||||||
|
Series C, 5.00%, 07/01/30 (Call 07/01/28) |
5,500 | 5,970,769 | ||||||
|
Series C, 5.00%, 07/01/31 (Call 07/01/28) |
1,050 | 1,140,634 | ||||||
|
Series C-1, 5.00%, 07/01/25 (Call 07/01/24) |
4,355 | 4,411,132 | ||||||
|
Series C-1, 5.00%, 07/01/26 (Call 07/01/24) |
2,000 | 2,025,527 | ||||||
|
Series C-3, 5.00%, 07/01/28 (Call 07/01/24) |
1,000 | 1,012,357 | ||||||
|
King & Snohomish Counties School District No. 417 Northshore GO |
||||||||
|
5.00%, 12/01/35 (Call 06/01/28) (GTD) |
1,000 | 1,073,547 | ||||||
|
5.00%, 12/01/36 (Call 06/01/28) (GTD) |
3,000 | 3,207,859 | ||||||
|
King County School District No. 210 Federal Way GO, 3.60%, 12/01/37 (Call 12/01/27) (GTD) |
21,945 | 19,985,292 | ||||||
|
Pierce County School District No. 10 Tacoma GO, 5.00%, 12/01/39 (PR 12/01/25) (GTD) |
2,000 | 2,078,737 | ||||||
|
Port of Seattle WA RB |
||||||||
|
5.00%, 08/01/30 |
3,000 | 3,326,386 | ||||||
|
5.00%, 08/01/31 |
2,500 | 2,800,249 | ||||||
|
Snohomish County Public Utility District No.1 Electric System Revenue, 5.00%, 12/01/40 (Call 12/01/25) |
1,000 | 1,024,816 | ||||||
|
Spokane County School District No. 81 Spokane GO, 4.00%, 12/01/39 (Call 06/01/31) (GTD) |
2,000 | 1,965,390 | ||||||
|
State of Washington GO |
||||||||
|
4.00%, 07/01/29 |
53,230 | 56,068,490 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
71 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| Washington (continued) | ||||||||
|
4.00%, 02/01/37 (Call 02/01/32) |
$ | 11,550 | $ | 11,690,554 | ||||
|
5.00%, 01/01/24 |
16,090 | 16,177,568 | ||||||
|
5.00%, 07/01/25 |
5,000 | 5,157,749 | ||||||
|
5.00%, 08/01/25 |
26,145 | 26,980,414 | ||||||
|
5.00%, 02/01/26 |
10,000 | 10,432,633 | ||||||
|
5.00%, 02/01/29 |
16,135 | 17,777,893 | ||||||
|
5.00%, 08/01/29 |
6,180 | 6,864,054 | ||||||
|
5.00%, 06/01/30 |
10,560 | 11,851,987 | ||||||
|
5.00%, 06/01/31 |
11,085 | 12,592,143 | ||||||
|
5.00%, 08/01/34 (08/01/33) |
27,595 | 32,012,717 | ||||||
|
5.00%, 02/01/38 (Call 02/01/29) |
3,000 | 3,203,735 | ||||||
|
5.00%, 08/01/38 (08/01/33) |
10,000 | 11,153,042 | ||||||
|
5.00%, 08/01/38 (Call 08/01/31) |
20,500 | 22,445,846 | ||||||
|
5.00%, 02/01/39 (Call 02/01/30) |
6,565 | 7,046,675 | ||||||
|
5.00%, 07/01/39 (Call 07/01/33) |
15,310 | 16,935,873 | ||||||
|
5.00%, 08/01/42 (Call 08/01/32) |
9,745 | 10,571,388 | ||||||
|
5.00%, 02/01/45 (Call 02/01/33) |
32,110 | 34,695,356 | ||||||
|
5.00%, 08/01/45 (Call 08/01/32) |
10,140 | 10,922,259 | ||||||
|
5.00%, 08/01/46 (Call 08/01/32) |
10,145 | 10,905,698 | ||||||
|
5.00%, 08/01/47 (Call 08/01/32) |
29,000 | 31,119,445 | ||||||
|
Series 2017-A, 5.00%, 08/01/37 (Call 08/01/26) |
1,345 | 1,391,156 | ||||||
|
Series 2020 A, 5.00%, 08/01/38 (Call 08/01/29) |
1,500 | 1,609,992 | ||||||
|
Series 2020-A, 5.00%, 08/01/39 (Call 08/01/29) |
2,000 | 2,137,304 | ||||||
|
Series 2020-A, 5.00%, 08/01/44 (Call 08/01/29) |
2,345 | 2,475,937 | ||||||
|
Series A, 5.00%, 02/01/27 |
7,270 | 7,728,195 | ||||||
|
Series A, 5.00%, 08/01/39 (Call 08/01/30) |
10,000 | 10,782,505 | ||||||
|
Series A, 5.00%, 08/01/40 (Call 08/01/30) |
3,000 | 3,225,625 | ||||||
|
Series A, 5.00%, 08/01/40 (Call 08/01/31) |
10,000 | 10,845,898 | ||||||
|
Series A, 5.00%, 08/01/42 (Call 08/01/27) |
3,260 | 3,393,191 | ||||||
|
Series A, 5.00%, 08/01/44 (Call 08/01/31) |
10,600 | 11,364,109 | ||||||
|
Series A-1, 5.00%, 08/01/32 (Call 08/01/25) |
2,500 | 2,566,861 | ||||||
|
Series B, 5.00%, 07/01/24 |
6,275 | 6,362,247 | ||||||
|
Series B, 5.00%, 07/01/25 (Call 07/01/24) |
1,500 | 1,521,779 | ||||||
|
Series B, 5.00%, 07/01/26 (Call 07/01/24) |
1,050 | 1,064,342 | ||||||
|
Series B, 5.00%, 07/01/27 (Call 01/01/26) |
1,000 | 1,038,938 | ||||||
|
Series B, 5.00%, 07/01/28 (Call 01/01/26) |
10,500 | 10,916,018 | ||||||
|
Series B, 5.00%, 07/01/29 (Call 01/01/26) |
3,210 | 3,334,991 | ||||||
|
Series B, 5.00%, 07/01/31 (Call 01/01/26) |
1,705 | 1,767,130 | ||||||
|
Series B, 5.00%, 07/01/33 (Call 01/01/26) |
3,000 | 3,103,204 | ||||||
|
Series C, 5.00%, 02/01/28 |
2,000 | 2,168,725 | ||||||
|
Series C, 5.00%, 02/01/29 |
2,205 | 2,429,517 | ||||||
|
Series C, 5.00%, 02/01/30 |
9,840 | 10,986,906 | ||||||
|
Series C, 5.00%, 02/01/31 |
3,900 | 4,408,486 | ||||||
|
Series C, 5.00%, 02/01/34 (Call 02/01/30) |
4,560 | 5,071,692 | ||||||
|
Series C, 5.00%, 02/01/38 (Call 02/01/31) |
4,780 | 5,211,634 | ||||||
|
Series C, 5.00%, 02/01/39 (Call 02/01/28) |
1,000 | 1,052,274 | ||||||
|
Series C, 5.00%, 02/01/40 (Call 02/01/30) |
5,000 | 5,349,872 | ||||||
|
Series C, 5.00%, 02/01/41 (Call 02/01/28) |
2,240 | 2,347,199 | ||||||
|
Series C, 5.00%, 02/01/41 (Call 02/01/30) |
6,040 | 6,445,321 | ||||||
|
Series C, 5.00%, 02/01/42 (Call 02/01/28) |
1,000 | 1,045,336 | ||||||
|
Series C, 5.00%, 02/01/42 (Call 02/01/31) |
1,500 | 1,607,772 | ||||||
|
Series C, 5.00%, 02/01/43 (Call 02/01/32) |
2,390 | 2,578,463 | ||||||
|
Series C, 5.00%, 02/01/46 (Call 02/01/32) |
1,750 | 1,874,196 | ||||||
|
Series D, 5.00%, 02/01/38 (Call 02/01/24) |
8,170 | 8,204,863 | ||||||
|
Series D, 5.00%, 02/01/39 (Call 02/01/24) |
900 | 903,623 | ||||||
|
Series D, 5.00%, 02/01/41 (Call 02/01/27) |
2,530 | 2,621,023 | ||||||
|
Series D, 5.00%, 02/01/42 (Call 02/01/27) |
1,700 | 1,760,613 | ||||||
|
Series F, 5.00%, 06/01/35 (Call 06/01/31) |
2,325 | 2,610,978 | ||||||
|
Series R, 4.00%, 07/01/27 |
36,300 | 37,544,908 | ||||||
|
Series R, 4.00%, 07/01/28 |
13,315 | 13,930,618 | ||||||
| Security |
Par (000) |
Value | ||||||
| Washington (continued) | ||||||||
|
Series R, 4.00%, 07/01/30 |
$ | 12,785 | $ | 13,462,701 | ||||
|
Series R, 4.00%, 07/01/33 (Call 07/01/32) |
10,000 | 10,626,665 | ||||||
|
Series R, 4.00%, 02/01/38 (Call 02/01/32) |
1,000 | 1,001,124 | ||||||
|
Series R, 5.00%, 02/01/25 |
4,555 | 4,664,737 | ||||||
|
Series R-2015-C, 5.00%, 07/01/28 (Call 01/01/25) |
1,500 | 1,531,094 | ||||||
|
Series R-2015-C, 5.00%, 07/01/29 (Call 01/01/25) |
6,455 | 6,582,088 | ||||||
|
Series R-2015-C, 5.00%, 07/01/30 (Call 01/01/25) |
3,140 | 3,201,005 | ||||||
|
Series R-2015-C, 5.00%, 07/01/32 (Call 01/01/25) |
2,220 | 2,261,688 | ||||||
|
Series R-2015-D, 5.00%, 07/01/31 (Call 01/01/25) |
2,240 | 2,284,102 | ||||||
|
Series R-2015-D, 5.00%, 07/01/32 (Call 01/01/25) |
2,000 | 2,037,557 | ||||||
|
Series R-2015E, 5.00%, 07/01/28 (Call 01/01/25) |
1,500 | 1,531,094 | ||||||
|
Series R-2015E, 5.00%, 07/01/31 (Call 01/01/25) |
3,000 | 3,059,065 | ||||||
|
Series R-2015E, 5.00%, 07/01/33 (Call 01/01/25) |
4,395 | 4,476,960 | ||||||
|
Series R-2017A, 5.00%, 08/01/33 (Call 08/01/26) |
3,915 | 4,082,241 | ||||||
|
Series R-2017A, 5.00%, 08/01/34 (Call 08/01/26) |
3,000 | 3,124,779 | ||||||
|
Series R-2018-C, 5.00%, 08/01/26 |
5,680 | 5,986,476 | ||||||
|
Series R-2018-C, 5.00%, 08/01/28 (Call 08/01/27) |
1,670 | 1,789,512 | ||||||
|
Series R-2018-C, 5.00%, 08/01/29 (Call 08/01/27) |
6,400 | 6,850,701 | ||||||
|
Series R-2018D, 5.00%, 08/01/34 (Call 08/01/27) |
7,000 | 7,410,920 | ||||||
|
Series R-2018D, 5.00%, 08/01/35 (Call 08/01/27) |
3,000 | 3,168,233 | ||||||
|
Series R-2018-D, 5.00%, 08/01/27 |
1,060 | 1,138,252 | ||||||
|
Series R-2018-D, 5.00%, 08/01/28 (Call 08/01/27) |
1,325 | 1,419,318 | ||||||
|
Series R-2018-D, 5.00%, 08/01/32 (Call 08/01/27) |
3,000 | 3,198,738 | ||||||
|
Series R-2018-D, 5.00%, 08/01/33 (Call 08/01/27) |
5,410 | 5,737,752 | ||||||
|
Series R-2020C, 5.00%, 07/01/25 |
2,520 | 2,599,505 | ||||||
|
Series R-2020D, 5.00%, 07/01/25 |
1,550 | 1,598,902 | ||||||
|
Series R-2021A, 5.00%, 06/01/40 (Call 06/01/30) |
2,205 | 2,365,515 | ||||||
|
State of Washington RB |
||||||||
|
5.00%, 09/01/23 |
4,000 | 4,000,000 | ||||||
|
5.00%, 09/01/24 |
4,500 | 4,567,213 | ||||||
|
Series C, 5.00%, 09/01/24 (Call 09/21/23) |
2,025 | 2,026,322 | ||||||
|
Washington State University RB, 5.00%, 04/01/40 (Call 04/01/25) |
2,055 | 2,082,747 | ||||||
|
|
|
|||||||
| 1,297,924,126 | ||||||||
| West Virginia — 0.1% | ||||||||
|
State of West Virginia GO |
||||||||
|
5.00%, 12/01/30 (Call 06/01/29) |
5,930 | 6,576,586 | ||||||
|
5.00%, 06/01/32 (Call 06/01/31) |
2,600 | 2,951,452 | ||||||
|
5.00%, 06/01/41 (Call 06/01/29) |
2,545 | 2,688,463 | ||||||
|
Series A, 5.00%, 12/01/43 (Call 06/01/29) |
2,750 | 2,891,788 | ||||||
|
Series B, 4.00%, 06/01/42 (Call 06/01/28) |
4,895 | 4,741,020 | ||||||
|
Series B, 4.00%, 12/01/42 (Call 06/01/28) |
3,000 | 2,895,688 | ||||||
|
Series B, 5.00%, 12/01/41 (Call 06/01/28) |
2,000 | 2,093,237 | ||||||
|
West Virginia Commissioner of Highways RB, Series A, 5.00%, 09/01/26 |
1,465 | 1,535,654 | ||||||
|
West Virginia Parkways Authority RB |
||||||||
|
4.00%, 06/01/51 (Call 06/01/31) |
1,755 | 1,612,163 | ||||||
|
5.00%, 06/01/43 (Call 06/01/28) |
3,500 | 3,643,900 | ||||||
|
5.00%, 06/01/47 (Call 06/01/31) |
3,500 | 3,683,444 | ||||||
|
|
|
|||||||
| 35,313,395 | ||||||||
| Wisconsin — 0.9% | ||||||||
|
State of Wisconsin, 5.00%, 05/01/32 |
10,000 | 11,534,603 | ||||||
|
State of Wisconsin Environmental Improvement Fund Revenue RB, Series A, 4.00%, 06/01/35 (Call 06/01/30) |
3,465 | 3,573,739 | ||||||
|
State of Wisconsin GO |
||||||||
|
5.00%, 05/01/24 |
27,985 | 28,289,793 | ||||||
|
5.00%, 05/01/27 |
5,420 | 5,800,231 | ||||||
|
5.00%, 05/01/27 (Call 11/01/24) |
2,095 | 2,134,124 | ||||||
| 72 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| Wisconsin (continued) | ||||||||
|
5.00%, 05/01/27 (Call 05/01/25) |
$ | 1,750 | $ | 1,805,196 | ||||
|
5.00%, 05/01/27 (PR 11/01/24) |
405 | 413,011 | ||||||
|
5.00%, 11/01/27 (Call 05/01/27) |
1,000 | 1,068,894 | ||||||
|
5.00%, 11/01/28 (Call 05/01/27) |
6,460 | 6,912,006 | ||||||
|
5.00%, 05/01/31 |
2,855 | 3,249,660 | ||||||
|
5.00%, 11/01/31 (Call 05/01/27) |
6,530 | 6,984,015 | ||||||
|
5.00%, 05/01/33 |
10,000 | 11,668,747 | ||||||
|
5.00%, 05/01/34 (Call 05/01/33) |
16,120 | 18,777,754 | ||||||
|
5.00%, 05/01/35 (Call 05/01/33) |
4,000 | 4,619,551 | ||||||
|
5.00%, 05/01/36 (05/01/31) |
2,755 | 3,077,774 | ||||||
|
5.00%, 05/01/36 (Call 05/01/32) |
4,575 | 5,171,751 | ||||||
|
5.00%, 05/01/40 (05/01/32) |
10,810 | 11,879,808 | ||||||
|
5.00%, 05/01/41 (05/01/32) |
14,825 | 16,219,666 | ||||||
|
5.00%, 05/01/43 (05/01/32) |
11,545 | 12,537,199 | ||||||
|
Series 1, 5.00%, 11/01/23 |
10,000 | 10,024,547 | ||||||
|
Series 2, 5.00%, 11/01/23 |
5,000 | 5,012,274 | ||||||
|
Series 2, 5.00%, 11/01/25 |
1,475 | 1,531,230 | ||||||
|
Series 2, 5.00%, 11/01/26 |
3,080 | 3,262,671 | ||||||
|
Series 2, 5.00%, 11/01/27 (Call 05/01/27) |
3,900 | 4,168,687 | ||||||
|
Series 2, 5.00%, 11/01/29 (Call 05/01/26) |
2,000 | 2,096,526 | ||||||
|
Series 2021-2, 5.00%, 05/01/25 |
4,240 | 4,361,033 | ||||||
|
Series 2021-2, 5.00%, 05/01/28 |
1,000 | 1,089,193 | ||||||
|
Series 3, 4.00%, 11/01/34 (Call 05/01/27) |
2,020 | 2,057,044 | ||||||
|
Series 3, 5.00%, 11/01/32 (Call 05/01/27) |
1,175 | 1,255,060 | ||||||
|
Series 3, 5.00%, 11/01/33 (Call 05/01/27) |
10,405 | 11,109,014 | ||||||
|
Series 4, 5.00%, 05/01/25 (Call 11/01/24) |
4,270 | 4,354,235 | ||||||
|
Series 4, 5.00%, 05/01/26 (Call 11/01/24) |
6,350 | 6,480,192 | ||||||
|
Series A, 4.00%, 05/01/39 (Call 05/01/28) |
9,635 | 9,584,444 | ||||||
|
Series A, 5.00%, 05/01/35 (Call 05/01/31) |
5,265 | 5,939,895 | ||||||
|
Series B, 4.00%, 05/01/41 (Call 05/01/29) |
5,000 | 4,930,278 | ||||||
|
Series B, 4.00%, 05/01/42 (Call 05/01/29) |
3,225 | 3,142,199 | ||||||
|
Series B, 5.00%, 05/01/31 (Call 05/01/29) |
12,540 | 13,843,694 | ||||||
|
Series B, 5.00%, 05/01/38 (Call 05/01/25) |
7,550 | 7,673,050 | ||||||
|
Series D, 5.00%, 05/01/37 (PR 05/01/24) |
5,000 | 5,055,758 | ||||||
| Security |
Par/ Shares (000) |
Value | ||||||
| Wisconsin (continued) | ||||||||
|
State of Wisconsin RB |
||||||||
|
5.00%, 05/01/28 (PR 05/01/27) |
$ | 2,000 | $ | 2,134,582 | ||||
|
Series A, 5.00%, 05/01/29 (PR 05/01/27) |
13,435 | 14,339,055 | ||||||
|
Wisconsin Department of Transportation RB |
||||||||
|
5.00%, 07/01/28 (Call 07/01/27) |
5,700 | 6,036,287 | ||||||
|
Series 1, 5.00%, 07/01/27 |
1,000 | 1,070,487 | ||||||
|
Series 1, 5.00%, 07/01/28 (Call 07/01/27) |
2,000 | 2,117,995 | ||||||
|
Series 2, 5.00%, 07/01/26 |
1,000 | 1,051,290 | ||||||
|
Series 2, 5.00%, 07/01/31 (Call 07/01/27) |
13,395 | 14,158,962 | ||||||
|
Series A, 5.00%, 07/01/36 (Call 07/01/28) |
3,025 | 3,259,866 | ||||||
|
Wisconsin Health & Educational Facilities Authority RB, |
||||||||
|
5.00%, 12/01/41 (Call 11/01/26) |
3,075 | 3,147,620 | ||||||
|
|
|
|||||||
| 310,004,690 | ||||||||
|
|
|
|||||||
|
Total
Long-Term Investments — 99.3% |
32,863,653,711 | |||||||
|
|
|
|||||||
|
Short-Term Securities |
||||||||
| Money Market Funds — 0.0% | ||||||||
|
BlackRock
Liquidity Funds: MuniCash, |
1,245 | 1,244,945 | ||||||
|
|
|
|||||||
|
Total
Short-Term Securities — 0.0% |
1,244,945 | |||||||
|
|
|
|||||||
|
Total
Investments — 99.3% |
32,864,898,656 | |||||||
|
Other Assets Less Liabilities — 0.7% |
230,086,447 | |||||||
|
|
|
|||||||
|
Net Assets — 100.0% |
$ | 33,094,985,103 | ||||||
|
|
|
|||||||
| (a) |
Zero-coupon bond. |
| (b) |
Variable rate security. Rate as of period end and maturity is the date the principal owed can be recovered through demand. |
| (c) |
Affiliate of the Fund. |
| (d) |
Annualized 7-day yield as of period end. |
Affiliates
Investments in issuers considered to be affiliate(s) of the Fund during the six months ended August 31, 2023 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:
| Affiliated Issuer | Value at 02/28/23 |
Purchases at Cost |
Proceeds from Sale |
Net Realized Gain (Loss) |
Change in Unrealized Appreciation (Depreciation) |
Value at 08/31/23 |
Shares Held at 08/31/23 (000) |
Income | Capital Gain Distributions from Underlying Funds |
|||||||||||||||||||||||||||
|
BlackRock Liquidity Funds: MuniCash |
$ | 54,836,735 | $ | — | $ | (53,621,980 | )(a) | $ | 38,371 | $ | (8,181 | ) | $ | 1,244,945 | 1,245 | $ | 727,504 | $ | — | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||||
| (a) |
Represents net amount purchased (sold). |
|
S C H E D U L E O F I N V E S T M E N T S |
73 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® National Muni Bond ETF |
Fair Value Hierarchy as of Period End
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.
| Level 1 | Level 2 | Level 3 | Total | |||||||||||||
|
Assets |
||||||||||||||||
|
Investments |
||||||||||||||||
|
Long-Term Investments |
||||||||||||||||
|
Municipal Debt Obligations |
$ | — | $ | 32,863,653,711 | $ | — | $ | 32,863,653,711 | ||||||||
|
Short-Term Securities |
||||||||||||||||
|
Money Market Funds |
1,244,945 | — | — | 1,244,945 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
| $ | 1,244,945 | $ | 32,863,653,711 | $ | — | $ | 32,864,898,656 | |||||||||
|
|
|
|
|
|
|
|
|
|||||||||
See notes to financial statements.
| 74 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) August 31, 2023 |
iShares® New York Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
|
Municipal Debt Obligations |
| |||||||
| New York — 99.0% | ||||||||
|
Battery Park City Authority RB |
| |||||||
|
5.00%, 11/01/25 |
$ | 2,000 | $ | 2,078,364 | ||||
|
5.00%, 11/01/31 |
1,000 | 1,159,723 | ||||||
|
5.00%, 11/01/32 |
1,000 | 1,175,418 | ||||||
|
5.00%, 11/01/42 (Call 11/01/33) |
1,000 | 1,090,596 | ||||||
|
5.00%, 11/01/48 (Call 11/01/33) |
1,000 | 1,072,391 | ||||||
|
5.00%, 11/01/53 (Call 11/01/33) |
1,125 | 1,200,607 | ||||||
|
Series A, 4.00%, 11/01/44 (Call 11/01/29) |
2,485 | 2,395,947 | ||||||
|
Series A, 5.00%, 11/01/23 |
200 | 200,488 | ||||||
|
Series A, 5.00%, 11/01/24 (Call 11/01/23) |
955 | 957,329 | ||||||
|
Series A, 5.00%, 11/01/25 (Call 11/01/23) |
500 | 501,219 | ||||||
|
Series A, 5.00%, 11/01/30 (Call 11/01/23) |
100 | 100,244 | ||||||
|
Series A, 5.00%, 11/01/49 (Call 11/01/29) |
1,000 | 1,051,983 | ||||||
|
Series B, 5.00%, 11/01/38 (Call 11/01/29) |
1,000 | 1,087,857 | ||||||
|
Series B, 5.00%, 11/01/39 (Call 11/01/29) |
715 | 774,722 | ||||||
|
Series B, 5.00%, 11/01/40 (Call 11/01/29) |
1,000 | 1,074,486 | ||||||
|
Series D-2, VRDN, 4.00%, 11/01/38 (Put 08/31/23)(a) |
2,430 | 2,430,000 | ||||||
|
Buffalo Municipal Water Finance Authority RB |
||||||||
|
4.00%, 07/01/51 (Call 07/01/29) (AGM) |
1,675 | 1,569,742 | ||||||
|
5.00%, 07/01/48 (Call 07/01/26) (AGM) |
1,750 | 1,794,442 | ||||||
|
City of Albany NY GOL, 4.00%, 03/15/31 (Call 03/15/30) |
1,940 | 2,029,983 | ||||||
|
City of New York NY GO |
||||||||
|
3.00%, 08/01/50 (Call 08/01/31) |
750 | 557,893 | ||||||
|
4.00%, 08/01/39 (Call 08/01/30) |
2,500 | 2,456,585 | ||||||
|
5.00%, 08/01/27 |
2,945 | 3,156,788 | ||||||
|
5.00%, 04/01/28 |
1,750 | 1,896,015 | ||||||
|
5.00%, 08/01/28 |
825 | 899,442 | ||||||
|
5.00%, 08/01/29 |
2,000 | 2,211,098 | ||||||
|
5.00%, 10/01/31 |
1,000 | 1,136,729 | ||||||
|
5.00%, 03/01/32 (Call 03/01/28) |
1,400 | 1,502,643 | ||||||
|
5.00%, 08/01/34 (Call 08/01/33) |
2,500 | 2,865,783 | ||||||
|
Series A, 5.00%, 08/01/25 |
200 | 206,728 | ||||||
|
Series A, 5.00%, 08/01/26 (Call 08/01/25) |
250 | 257,334 | ||||||
|
Series A, 5.00%, 08/01/27 |
1,255 | 1,345,253 | ||||||
|
Series A, 5.00%, 08/01/28 (Call 08/01/27) |
1,775 | 1,898,295 | ||||||
|
Series A-1, 4.00%, 08/01/34 (Call 08/01/30) |
2,000 | 2,063,376 | ||||||
|
Series A-1, 4.00%, 08/01/40 (Call 08/01/31) |
900 | 879,661 | ||||||
|
Series A-1, 5.00%, 08/01/33 (Call 08/01/26) |
500 | 519,489 | ||||||
|
Series A-1, 5.00%, 08/01/37 (Call 08/01/26) |
500 | 514,336 | ||||||
|
Series A-1, 5.00%, 08/01/41 (Call 08/01/29) |
800 | 839,181 | ||||||
|
Series A-6, 5.00%, 08/01/26 (Call 02/01/24) |
350 | 352,058 | ||||||
|
Series B-1, 4.00%, 10/01/39 (Call 10/01/29) |
1,000 | 982,512 | ||||||
|
Series B-1, 5.00%, 12/01/33 (Call 12/01/26) |
565 | 590,088 | ||||||
|
Series B-1, 5.00%, 12/01/41 (Call 12/01/26) |
250 | 257,086 | ||||||
|
Series C, 5.00%, 08/01/26 |
1,000 | 1,052,533 | ||||||
|
Series C, 5.00%, 08/01/26 (Call 02/01/26) |
1,315 | 1,360,148 | ||||||
|
Series C, 5.00%, 08/01/28 (Call 02/01/26) |
500 | 516,699 | ||||||
|
Series C, 5.00%, 08/01/28 (Call 02/01/27) |
645 | 683,075 | ||||||
|
Series C, 5.00%, 08/01/33 (Call 02/01/25) |
250 | 255,158 | ||||||
|
Series D, 5.00%, 12/01/35 (Call 12/01/28) |
500 | 535,547 | ||||||
|
Series D1, 4.00%, 12/01/41 (Call 12/01/28) |
1,000 | 972,373 | ||||||
|
Series D1, 5.00%, 12/01/39 (Call 12/01/28) |
1,320 | 1,389,404 | ||||||
|
Series D-1, 5.00%, 03/01/40 (Call 03/01/30) |
1,120 | 1,189,524 | ||||||
|
Series D-1, 5.50%, 05/01/46 (Call 05/01/32) |
450 | 496,767 | ||||||
|
Series E, 5.00%, 08/01/24 |
470 | 477,376 | ||||||
|
Series E, 5.00%, 08/01/26 |
500 | 526,266 | ||||||
|
Series E-1, 4.00%, 03/01/41 (Call 03/01/28) |
400 | 389,276 | ||||||
|
Series F-1, 5.00%, 06/01/35 (Call 06/01/25) |
500 | 511,439 | ||||||
| Security |
Par (000) |
Value | ||||||
| New York (continued) | ||||||||
|
Series F-1, 5.00%, 04/01/45 (Call 04/01/28) |
$ | 500 | $ | 518,878 | ||||
|
Series J, 5.00%, 08/01/25 (Call 08/01/24) |
1,100 | 1,117,844 | ||||||
|
Series J, 5.00%, 08/01/28 (Call 08/01/24) |
1,000 | 1,013,633 | ||||||
|
Series J, 5.00%, 08/01/32 (Call 08/01/24) |
525 | 532,110 | ||||||
|
City of New York NY GOL |
||||||||
|
Series F-1, 4.00%, 03/01/38 (Call 03/01/31) |
1,000 | 988,611 | ||||||
|
Series F-1, 5.00%, 03/01/36 (Call 03/01/31) |
1,500 | 1,647,369 | ||||||
|
City of Rochester NY GOL, 5.00%, 08/01/31 (Call 08/01/30) |
1,000 | 1,119,006 | ||||||
|
City of Yonkers NY GOL |
||||||||
|
Series A, 5.00%, 05/01/33 (Call 11/01/29) (BAM) |
280 | 305,390 | ||||||
|
Series C, 5.00%, 10/01/23 (BAM) |
335 | 335,359 | ||||||
|
County of Albany NY GOL, 4.00%, 04/01/29 (Call 04/01/26) |
125 | 128,158 | ||||||
|
County of Monroe NY GOL |
||||||||
|
4.00%, 06/01/30 (Call 06/01/29) |
2,145 | 2,226,316 | ||||||
|
5.00%, 06/01/24 |
1,890 | 1,916,795 | ||||||
|
5.00%, 06/01/24 (AGM) |
565 | 573,052 | ||||||
|
Series B, 5.00%, 06/01/26 (AGM) |
250 | 262,510 | ||||||
|
County of Nassau NY GOL |
||||||||
|
4.00%, 04/01/53 (Call 04/01/33) |
2,000 | 1,851,157 | ||||||
|
5.00%, 10/01/25 |
830 | 860,940 | ||||||
|
5.00%, 04/01/37 (Call 04/01/32) |
2,000 | 2,220,567 | ||||||
|
Series B, 5.00%, 10/01/24 |
1,000 | 1,018,118 | ||||||
|
Series B, 5.00%, 07/01/33 (Call 07/01/28) (AGM) |
1,000 | 1,092,064 | ||||||
|
Series B, 5.00%, 04/01/49 (Call 04/01/30) (AGM) |
1,000 | 1,055,087 | ||||||
|
Series C, 5.00%, 10/01/27 |
975 | 1,053,956 | ||||||
|
County of Onondaga NY GOL, 3.00%, 08/15/33 (Call 08/15/29) |
100 | 98,764 | ||||||
|
County of Suffolk NY GOL |
||||||||
|
4.00%, 10/15/28 (Call 10/15/27) (BAM) |
1,000 | 1,022,941 | ||||||
|
5.00%, 11/01/23 (AGM) |
2,000 | 2,004,941 | ||||||
|
5.00%, 02/01/25 (AGM) |
1,000 | 1,023,121 | ||||||
|
Series C, 5.00%, 05/01/25 (Call 05/01/24) |
2,575 | 2,599,648 | ||||||
|
County of Westchester NY GOL |
||||||||
|
4.00%, 12/15/35 (Call 12/15/30) |
1,000 | 1,058,448 | ||||||
|
5.00%, 12/15/23 |
150 | 150,706 | ||||||
|
5.00%, 12/15/26 |
1,000 | 1,063,853 | ||||||
|
5.00%, 10/15/28 |
2,000 | 2,210,102 | ||||||
|
Series A, 5.00%, 01/01/24 |
365 | 366,998 | ||||||
|
Series A, 5.00%, 12/01/24 |
1,000 | 1,021,369 | ||||||
|
Series A, 5.00%, 10/15/28 |
1,000 | 1,105,051 | ||||||
|
Series B, 5.00%, 11/15/24 |
125 | 127,573 | ||||||
|
Dutchess County Local Development Corp. RB |
||||||||
|
5.00%, 07/01/42 (Call 07/01/27) |
750 | 772,504 | ||||||
|
5.00%, 07/01/52 (Call 07/01/32) |
1,000 | 1,018,677 | ||||||
|
Erie County Fiscal Stability Authority RB |
||||||||
|
Series D, 5.00%, 09/01/37 (Call 09/01/27) |
445 | 470,721 | ||||||
|
Series D, 5.00%, 09/01/38 (Call 09/01/27) |
130 | 137,225 | ||||||
|
Series D, 5.00%, 09/01/39 (Call 09/01/27) |
1,360 | 1,433,259 | ||||||
|
Erie County Industrial Development Agency (The) RB |
||||||||
|
5.00%, 05/01/26 (SAW) |
350 | 367,715 | ||||||
|
5.00%, 05/01/27 (SAW) |
500 | 536,333 | ||||||
|
5.00%, 05/01/29 (SAW) |
1,000 | 1,114,526 | ||||||
|
Hudson Yards Infrastructure Corp. RB |
||||||||
|
4.00%, 02/15/41 (Call 02/15/32) |
1,745 | 1,662,650 | ||||||
|
5.00%, 02/15/30 (Call 02/15/27) |
1,100 | 1,167,535 | ||||||
|
5.00%, 02/15/34 (Call 02/15/32) |
1,500 | 1,724,809 | ||||||
|
Series A, 4.00%, 02/15/36 (Call 02/15/27) |
1,930 | 1,944,123 | ||||||
|
Series A, 4.00%, 02/15/47 (Call 02/15/27) (AGM) |
1,200 | 1,112,045 | ||||||
|
Series A, 5.00%, 02/15/25 |
200 | 205,245 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
75 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® New York Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| New York (continued) | ||||||||
|
Series A, 5.00%, 02/15/26 |
$ | 1,750 | $ | 1,827,604 | ||||
|
Series A, 5.00%, 02/15/29 (Call 02/15/27) |
400 | 425,212 | ||||||
|
Series A, 5.00%, 02/15/31 (Call 02/15/27) |
555 | 588,615 | ||||||
|
Series A, 5.00%, 02/15/33 (Call 02/15/27) |
500 | 529,543 | ||||||
|
Series A, 5.00%, 02/15/35 (Call 02/15/27) |
1,400 | 1,475,969 | ||||||
|
Series A, 5.00%, 02/15/37 (Call 02/15/27) |
2,795 | 2,919,487 | ||||||
|
Series A, 5.00%, 02/15/38 (Call 02/15/27) |
500 | 520,583 | ||||||
|
Series A, 5.00%, 02/15/39 (Call 02/15/27) |
200 | 207,938 | ||||||
|
Series A, 5.00%, 02/15/42 (Call 02/15/27) |
200 | 206,892 | ||||||
|
Series A, 5.00%, 02/15/45 (Call 02/15/27) |
650 | 669,956 | ||||||
|
Long Island Power Authority RB |
||||||||
|
4.00%, 09/01/38 (Call 09/01/31) |
1,000 | 987,210 | ||||||
|
5.00%, 09/01/24 |
1,310 | 1,332,894 | ||||||
|
5.00%, 09/01/25 |
1,125 | 1,165,053 | ||||||
|
5.00%, 09/01/26 |
100 | 105,699 | ||||||
|
5.00%, 09/01/33 (Call 09/01/27) |
1,400 | 1,495,351 | ||||||
|
5.00%, 09/01/33 (Call 09/01/28) |
1,465 | 1,594,239 | ||||||
|
5.00%, 09/01/35 (Call 09/01/31) |
1,115 | 1,250,813 | ||||||
|
5.00%, 09/01/38 (Call 09/01/28) |
250 | 264,039 | ||||||
|
5.00%, 09/01/42 (Call 09/01/27) |
4,465 | 4,644,813 | ||||||
|
5.00%, 09/01/48 (Call 09/01/33) |
500 | 534,047 | ||||||
|
Series A, 3.00%, 09/01/36 (Call 09/01/28) |
1,950 | 1,727,798 | ||||||
|
Series A, 4.00%, 09/01/32 (Call 09/01/31) |
895 | 954,755 | ||||||
|
Series A, 5.00%, 09/01/30 |
530 | 599,667 | ||||||
|
Series A, 5.00%, 09/01/35 (Call 09/01/24) |
250 | 253,344 | ||||||
|
Series A, 5.00%, 09/01/44 (Call 09/01/24) |
1,490 | 1,504,152 | ||||||
|
Series B, 5.00%, 09/01/30 (Call 09/01/26) |
965 | 1,013,505 | ||||||
|
Series B, 5.00%, 09/01/41 (Call 09/01/26) |
500 | 515,910 | ||||||
|
Series B, 5.00%, 09/01/45 (Call 09/01/25) |
750 | 760,056 | ||||||
|
Series B,
VRDN, 1.50%, 09/01/51 |
80 | 73,775 | ||||||
|
Series B, VRDN, 1.65%, 09/01/49 (Call 03/01/24)(a) |
600 | 586,232 | ||||||
|
Metropolitan Transportation Authority RB |
||||||||
|
4.00%, 11/15/48 (Call 05/15/31) |
1,500 | 1,345,221 | ||||||
|
5.00%, 11/15/40 (Call 05/15/25) |
2,685 | 2,698,325 | ||||||
|
5.00%, 11/15/46 (Call 05/15/32) |
1,000 | 1,063,868 | ||||||
|
Series A, 0.00%, 11/15/30(b) |
850 | 649,956 | ||||||
|
Series A, 5.00%, 11/15/27 (Call 05/15/27) |
755 | 788,413 | ||||||
|
Series A-1, 4.00%, 11/15/43 (Call 05/15/30) (AGM) |
1,085 | 1,036,309 | ||||||
|
Series A-1, 4.00%, 11/15/44 (Call 05/15/31) |
1,500 | 1,378,141 | ||||||
|
Series A-1, 4.00%, 11/15/46 (Call 05/15/30) |
350 | 317,584 | ||||||
|
Series A-1, 4.00%, 11/15/52 (Call 05/15/30) |
1,000 | 882,358 | ||||||
|
Series A-1, 5.00%, 11/15/40 (Call 05/15/25) |
1,330 | 1,336,600 | ||||||
|
Series A-1, 5.00%, 11/15/44 (Call 11/15/23) |
350 | 347,256 | ||||||
|
Series A-1, 5.00%, 11/15/51 (Call 05/15/27) |
1,000 | 1,001,463 | ||||||
|
Series A-1, 5.25%, 11/15/56 (Call 05/15/26) |
200 | 201,331 | ||||||
|
Series A-2, 5.00%, 11/15/27 (Call 11/15/26) |
500 | 517,277 | ||||||
|
Series B, 4.00%, 11/15/36 (Call 11/15/26) |
350 | 341,478 | ||||||
|
Series B, 5.00%, 11/15/24 |
500 | 507,495 | ||||||
|
Series B, 5.00%, 11/15/25 |
250 | 256,659 | ||||||
|
Series B, 5.00%, 11/15/26 |
750 | 778,838 | ||||||
|
Series B, 5.00%, 11/15/28 |
1,005 | 1,064,899 | ||||||
|
Series B, 5.00%, 11/15/44 (Call 05/15/24) |
400 | 400,417 | ||||||
|
Series B, 5.00%, 11/15/52 (Call 05/15/29) |
1,000 | 1,016,766 | ||||||
|
Series B, 5.25%, 11/15/26 (AGM) |
1,000 | 1,060,267 | ||||||
|
Series B-1, 5.00%, 11/15/35 (Call 11/15/27) |
1,000 | 1,065,281 | ||||||
|
Series B-1, 5.00%, 11/15/46 (Call 11/15/26) |
630 | 647,348 | ||||||
|
Series C, 5.00%, 11/15/40 (Call 11/15/29) |
500 | 518,254 | ||||||
|
Series C, 5.00%, 11/15/42 (Call 09/21/23) |
1,200 | 1,194,286 | ||||||
|
Series C-1, 4.00%, 11/15/35 (Call 05/15/28) |
2,000 | 1,985,791 | ||||||
|
Series C-1, 4.00%, 11/15/38 (Call 05/15/28) |
510 | 487,074 | ||||||
| Security |
Par (000) |
Value | ||||||
| New York (continued) | ||||||||
|
Series C-1, 5.00%, 11/15/25 |
$ | 200 | $ | 205,327 | ||||
|
Series C-1, 5.00%, 11/15/34 (Call 11/15/25) |
350 | 356,082 | ||||||
|
Series C-1, 5.00%, 11/15/34 (Call 05/15/28) |
1,200 | 1,258,602 | ||||||
|
Series C-1, 5.25%, 11/15/55 (Call 05/15/30) |
1,000 | 1,027,719 | ||||||
|
Series C-2, 0.00%, 11/15/27(b) |
1,000 | 850,830 | ||||||
|
Series C-2, 0.00%, 11/15/29(b) |
1,000 | 783,398 | ||||||
|
Series C-2, 0.00%, 11/15/39(b) |
245 | 110,635 | ||||||
|
Series D, 4.00%, 11/15/42 (Call 05/15/28) |
1,250 | 1,158,792 | ||||||
|
Series D, 5.00%, 11/15/30 (Call 11/15/26) |
500 | 515,606 | ||||||
|
Series D, 5.00%, 11/15/38 (Call 11/15/23) |
250 | 249,963 | ||||||
|
Series D-1, 5.00%, 11/15/39 (Call 11/15/24) |
900 | 903,505 | ||||||
|
Series D3, 4.00%, 11/15/50 (Call 11/15/30) |
1,000 | 889,835 | ||||||
|
Series E, 4.00%, 11/15/38 (Call 10/02/23) |
55 | 52,528 | ||||||
|
Monroe County Industrial Development Corp. RB, 5.00%, 05/01/30 (Call 05/01/27) (SAW) |
485 | 517,756 | ||||||
|
Monroe County Industrial Development Corp./NY RB |
||||||||
|
Series A, 4.00%, 07/01/50 (Call 07/01/30) |
1,000 | 924,109 | ||||||
|
Series C, 4.00%, 07/01/43 (Call 07/01/27) |
1,550 | 1,480,097 | ||||||
|
Monroe County Industrial Development Corp/NY RB, 5.00%, 07/01/28 (Call 07/01/27) |
110 | 117,311 | ||||||
|
MTA Hudson Rail Yards Trust Obligations RB, Series A, 5.00%, 11/15/56 (Call 11/15/23) |
1,000 | 1,000,096 | ||||||
|
Nassau County Interim Finance Authority RB |
||||||||
|
Series A, 4.00%, 11/15/32 (Call 05/15/31) |
1,000 | 1,083,687 | ||||||
|
Series A, 4.00%, 11/15/33 (Call 05/15/31) |
2,070 | 2,236,864 | ||||||
|
Series A, 4.00%, 11/15/35 (Call 05/15/31) |
145 | 154,481 | ||||||
|
Series A, 5.00%, 11/15/24 |
1,000 | 1,020,582 | ||||||
|
Series A, 5.00%, 11/15/29 |
500 | 564,567 | ||||||
|
Series A, 5.00%, 11/15/31 (Call 05/15/31) |
525 | 607,717 | ||||||
|
Series A, 5.00%, 11/15/33 (Call 05/15/31) |
305 | 351,647 | ||||||
|
Series A, 5.00%, 11/15/34 (Call 05/15/31) |
540 | 619,563 | ||||||
|
Nassau County Sewer & Storm Water Finance Authority RB |
||||||||
|
Series A, 5.00%, 10/01/23 |
1,840 | 1,842,246 | ||||||
|
Series A, 5.00%, 10/01/24 |
100 | 101,865 | ||||||
|
New York City Municipal Water Finance Authority RB |
||||||||
|
5.00%, 06/15/25 |
230 | 237,233 | ||||||
|
5.00%, 06/15/28 (Call 12/15/26) |
3,700 | 3,907,771 | ||||||
|
5.00%, 06/15/47 (Call 12/15/32) |
5,300 | 5,636,429 | ||||||
|
Series AA, 4.00%, 06/15/24 |
420 | 422,746 | ||||||
|
Series AA, 5.00%, 06/15/24 |
250 | 253,538 | ||||||
|
Series BB, 4.00%, 06/15/47 (Call 09/21/23) |
400 | 382,956 | ||||||
|
Series BB-1, 3.00%, 06/15/44 (Call 12/15/31) |
3,400 | 2,621,600 | ||||||
|
Series BB-1, 5.00%, 06/15/46 (Call 06/15/27) |
625 | 643,956 | ||||||
|
Series BB-2, 5.00%, 06/15/26 (Call 12/15/24) |
1,125 | 1,148,119 | ||||||
|
Series BB-2, 5.00%, 06/15/32 (Call 06/15/27) |
500 | 534,192 | ||||||
|
Series CC-1, 5.00%, 06/15/48 (Call 06/15/27) |
750 | 770,980 | ||||||
|
Series CC-2, 5.00%, 06/15/25 |
810 | 835,471 | ||||||
|
Series DD, 5.00%, 06/15/36 (Call 06/15/24) |
2,585 | 2,607,659 | ||||||
|
Series DD, 5.00%, 06/15/47 (Call 12/15/26) |
1,500 | 1,549,717 | ||||||
|
Series DD-1, 4.00%, 06/15/50 (Call 06/15/30) |
500 | 472,562 | ||||||
|
Series DD-2, 5.00%, 06/15/25 (Call 12/15/23) |
500 | 502,479 | ||||||
|
Series DD-2, 5.00%, 06/15/27 (Call 12/15/25) |
505 | 524,717 | ||||||
|
Series DD-3, 4.00%, 06/15/42 (Call 06/15/30) |
500 | 487,249 | ||||||
|
Series EE, 4.00%, 06/15/39 (Call 06/15/32) |
1,305 | 1,296,387 | ||||||
|
Series EE, 5.00%, 06/15/40 (Call 12/15/27) |
300 | 313,981 | ||||||
|
Series GG, 5.00%, 06/15/37 (Call 06/15/25) |
500 | 510,761 | ||||||
|
Series GG-2, 4.00%, 06/15/50 (Call 06/15/30) |
1,000 | 945,125 | ||||||
|
New York City Transitional Finance Authority Building Aid Revenue RB |
||||||||
|
4.00%, 07/15/41 (Call 07/15/29) |
1,430 | 1,381,687 | ||||||
| 76 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® New York Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| New York (continued) | ||||||||
|
5.00%, 07/15/30 (SAW) |
$ | 195 | $ | 219,790 | ||||
|
Series S-1, 5.00%, 07/15/43 (Call 01/15/25) (SAW) |
685 | 691,926 | ||||||
|
Series S-1, 5.00%, 07/15/43 (Call 01/15/26) (SAW) |
560 | 571,909 | ||||||
|
Series S-2, 5.00%, 07/15/40 (Call 07/15/25) (SAW) |
500 | 508,513 | ||||||
|
Series S-3, 4.00%, 07/15/38 (Call 07/15/28) (SAW) |
500 | 490,412 | ||||||
|
Series S-3, 4.00%, 07/15/46 (Call 07/15/28) (SAW) |
380 | 360,334 | ||||||
|
Series S-3, 5.00%, 07/15/31 (Call 07/15/28) (SAW) |
500 | 540,099 | ||||||
|
Series S-4A, 5.00%, 07/15/27 (SAW) |
115 | 123,464 | ||||||
|
Series S-4A, 5.00%, 07/15/31 (Call 07/15/28) (SAW) |
500 | 540,099 | ||||||
|
New York City Transitional Finance Authority Future Tax Secured Revenue RB |
||||||||
|
4.00%, 05/01/41 (Call 11/01/30) |
1,410 | 1,385,697 | ||||||
|
4.00%, 02/01/51 (Call 02/01/33) |
2,000 | 1,877,088 | ||||||
|
5.00%, 11/01/23 |
325 | 325,726 | ||||||
|
5.00%, 11/01/24 |
2,400 | 2,447,746 | ||||||
|
5.00%, 11/01/25 |
500 | 518,849 | ||||||
|
5.00%, 11/01/26 |
2,000 | 2,118,617 | ||||||
|
5.00%, 11/01/27 |
340 | 367,173 | ||||||
|
5.00%, 08/01/30 |
2,720 | 3,031,958 | ||||||
|
5.00%, 05/01/32 (Call 05/01/26) |
500 | 520,758 | ||||||
|
5.00%, 11/01/32 (Call 05/01/27) |
1,500 | 1,586,390 | ||||||
|
5.00%, 11/01/36 (Call 11/01/30) |
1,000 | 1,088,122 | ||||||
|
5.00%, 05/01/37 (Call 11/01/30) |
1,000 | 1,082,926 | ||||||
|
5.00%, 11/01/38 (Call 05/01/31) |
1,250 | 1,349,198 | ||||||
|
5.00%, 05/01/40 (Call 05/01/26) |
1,000 | 1,026,650 | ||||||
|
5.25%, 11/01/36 (Call 11/01/32) |
1,500 | 1,698,803 | ||||||
|
5.25%, 11/01/37 (Call 11/01/32) |
375 | 421,947 | ||||||
|
5.50%, 11/01/45 (Call 11/01/32) |
850 | 945,822 | ||||||
|
Series A-1, 5.00%, 08/01/31 (Call 08/01/24) |
340 | 344,028 | ||||||
|
Series A-1, 5.00%, 08/01/33 (Call 08/01/24) |
325 | 328,561 | ||||||
|
Series A-1, 5.00%, 08/01/36 (Call 08/01/25) |
1,000 | 1,025,429 | ||||||
|
Series A-1, 5.00%, 08/01/36 (Call 08/01/28) |
1,000 | 1,065,799 | ||||||
|
Series A-1, 5.00%, 11/01/38 (Call 11/01/23) |
350 | 350,716 | ||||||
|
Series A-1, 5.00%, 11/01/42 (Call 11/01/23) |
400 | 400,667 | ||||||
|
Series A-2, 5.00%, 08/01/33 (Call 08/01/27) |
1,000 | 1,060,727 | ||||||
|
Series A-2, 5.00%, 08/01/36 (Call 08/01/27) |
1,000 | 1,046,956 | ||||||
|
Series A-3, 4.00%, 08/01/43 (Call 08/01/27) |
3,400 | 3,302,805 | ||||||
|
Series A4,
VRDN, 3.95%, 08/01/39 |
1,500 | 1,500,000 | ||||||
|
Series B-1, 4.00%, 11/01/42 (Call 11/01/29) |
1,220 | 1,188,959 | ||||||
|
Series B-1, 4.00%, 05/01/45 (Call 11/01/30) |
200 | 192,007 | ||||||
|
Series B-1, 5.00%, 11/01/28 (Call 11/01/25) |
500 | 516,631 | ||||||
|
Series B-1, 5.00%, 08/01/29 (Call 08/01/24) |
500 | 505,968 | ||||||
|
Series B-1, 5.00%, 11/01/29 (Call 11/01/25) |
200 | 206,568 | ||||||
|
Series B-1, 5.00%, 08/01/32 (Call 08/01/24) |
885 | 895,405 | ||||||
|
Series B-1, 5.00%, 08/01/33 (Call 08/01/24) |
1,150 | 1,162,599 | ||||||
|
Series B-1, 5.00%, 08/01/33 (Call 08/01/27) |
1,000 | 1,060,727 | ||||||
|
Series B-1, 5.00%, 08/01/35 (Call 08/01/28) |
1,120 | 1,201,135 | ||||||
|
Series B-1, 5.00%, 11/01/35 (Call 11/01/25) |
1,015 | 1,045,135 | ||||||
|
Series B-1, 5.00%, 11/01/35 (Call 11/01/29) |
1,535 | 1,660,575 | ||||||
|
Series B-1, 5.00%, 11/01/37 (Call 05/01/24) |
1,500 | 1,508,466 | ||||||
|
Series B-1, 5.00%, 08/01/40 (Call 08/01/26) |
765 | 787,994 | ||||||
|
Series B-1, 5.00%, 08/01/45 (Call 08/01/27) |
1,000 | 1,031,207 | ||||||
|
Series C, 5.00%, 11/01/25 (Call 05/01/25) |
1,250 | 1,281,816 | ||||||
|
Series C, 5.00%, 11/01/26 |
115 | 121,821 | ||||||
|
Series C, 5.00%, 11/01/27 (Call 11/01/25) |
500 | 516,631 | ||||||
|
Series C, 5.00%, 11/01/29 (Call 05/01/27) |
1,000 | 1,058,736 | ||||||
|
Series C-1, 4.00%, 11/01/38 (Call 05/01/29) |
1,000 | 996,836 | ||||||
|
Series C-1, 4.00%, 11/01/42 (Call 05/01/29) |
2,590 | 2,524,102 | ||||||
|
Series C-3, 4.00%, 05/01/44 (Call 05/01/28) |
1,085 | 1,047,839 | ||||||
|
Series C-4, VRDN, 4.00%, 11/01/36(a) |
2,900 | 2,900,000 | ||||||
| Security |
Par (000) |
Value | ||||||
| New York (continued) | ||||||||
|
Series E-1, 5.00%, 02/01/29 (Call 02/01/26) |
$ | 750 | $ | 778,385 | ||||
|
Series E-1, 5.00%, 02/01/34 (Call 02/01/26) |
500 | 517,634 | ||||||
|
Series E-1, 5.00%, 02/01/34 (Call 02/01/27) |
1,500 | 1,571,240 | ||||||
|
Series E-1, 5.00%, 02/01/35 (Call 02/01/25) |
940 | 957,580 | ||||||
|
Series E-1, 5.00%, 02/01/37 (Call 02/01/26) |
3,500 | 3,594,104 | ||||||
|
Series E-1, 5.00%, 02/01/37 (Call 02/01/27) |
200 | 207,228 | ||||||
|
Series E-1, 5.00%, 02/01/39 (Call 02/01/26) |
500 | 512,287 | ||||||
|
Series E-1, 5.00%, 02/01/41 (Call 02/01/25) |
1,400 | 1,419,842 | ||||||
|
Series F-1, 5.00%, 05/01/36 (Call 05/01/27) |
1,000 | 1,043,285 | ||||||
|
New York City Transitional Finance Authority RB, 5.00%, 05/01/45 (Call 11/01/33) |
2,000 | 2,145,512 | ||||||
|
New York City Water & Sewer System RB |
||||||||
|
Series AA, 5.00%, 06/15/27 |
1,000 | 1,075,094 | ||||||
|
Series AA1,
VRDN, 4.00%, 06/15/50 |
2,600 | 2,600,000 | ||||||
|
Series BB, 5.00%, 06/15/46 (Call 06/15/25) |
500 | 507,745 | ||||||
|
Series CC-1, 4.00%, 06/15/33 (Call 12/15/26) |
250 | 256,456 | ||||||
|
Series CC-1, 5.00%, 06/15/47 (Call 06/15/24) |
1,000 | 1,004,870 | ||||||
|
Series DD, 5.00%, 06/15/29 (Call 06/15/24) |
1,000 | 1,012,069 | ||||||
|
Series DD, 5.00%, 06/15/39 (Call 06/15/24) |
500 | 503,503 | ||||||
|
Series DD-1, 5.00%, 06/15/30 |
1,310 | 1,484,917 | ||||||
|
Series EE, 5.00%, 06/15/31 |
690 | 794,593 | ||||||
|
Series EE, 5.00%, 06/15/36 (Call 06/15/27) |
500 | 525,774 | ||||||
|
Series FF-1, 5.00%, 06/15/49 (Call 06/15/29) |
1,070 | 1,116,970 | ||||||
|
New York Convention Center Development Corp. RB |
||||||||
|
5.00%, 11/15/40 (Call 11/15/25) |
250 | 253,363 | ||||||
|
Series A, 0.00%, 11/15/48(b) |
500 | 135,838 | ||||||
|
New York Power Authority RB |
||||||||
|
4.00%, 11/15/47 (Call 11/15/31) |
500 | 473,089 | ||||||
|
5.00%, 11/15/26 (AGM) |
500 | 531,798 | ||||||
|
5.00%, 11/15/27 (AGM) |
505 | 548,270 | ||||||
|
5.00%, 11/15/31 (AGM) |
1,000 | 1,162,719 | ||||||
|
Series A, 4.00%, 11/15/50 (Call 05/15/30) |
2,500 | 2,382,412 | ||||||
|
Series A, 4.00%, 11/15/55 (Call 05/15/30) |
1,000 | 939,558 | ||||||
|
Series A, 4.00%, 11/15/60 (Call 05/15/30) |
800 | 741,588 | ||||||
|
New York State Dormitory Authority RB |
||||||||
|
3.00%, 07/01/41 (Call 07/01/31) |
1,750 | 1,397,122 | ||||||
|
3.00%, 07/01/45 (Call 07/01/32) |
750 | 557,651 | ||||||
|
3.00%, 03/15/51 (Call 03/15/31) |
1,780 | 1,291,541 | ||||||
|
4.00%, 07/01/33 (Call 07/01/27) |
415 | 422,332 | ||||||
|
4.00%, 07/01/38 (Call 07/01/25) |
720 | 714,889 | ||||||
|
4.00%, 07/01/41 (Call 07/01/28) |
4,000 | 3,866,021 | ||||||
|
4.00%, 07/01/42 (Call 07/01/32) |
1,000 | 962,784 | ||||||
|
4.00%, 07/01/45 (Call 07/01/29) |
1,145 | 1,095,034 | ||||||
|
4.00%, 03/15/46 (Call 03/15/32) |
1,000 | 949,984 | ||||||
|
4.00%, 07/01/46 (Call 07/01/29) |
1,000 | 925,573 | ||||||
|
4.00%, 03/15/47 (Call 03/15/32) |
2,000 | 1,890,155 | ||||||
|
4.00%, 03/15/48 (Call 09/15/30) |
2,000 | 1,883,691 | ||||||
|
4.00%, 07/01/50 (Call 07/01/30) |
2,030 | 1,912,189 | ||||||
|
5.00%, 07/01/25 |
660 | 681,771 | ||||||
|
5.00%, 02/15/26 |
250 | 260,667 | ||||||
|
5.00%, 02/15/26 (ETM) |
420 | 437,753 | ||||||
|
5.00%, 10/01/26 (Call 10/02/23) (AGM) |
25 | 25,027 | ||||||
|
5.00%, 07/01/28 |
1,000 | 1,085,235 | ||||||
|
5.00%, 07/01/28 (Call 07/01/27) |
1,330 | 1,426,161 | ||||||
|
5.00%, 03/15/29 (Call 09/15/25) |
315 | 324,461 | ||||||
|
5.00%, 07/01/30 |
1,000 | 1,095,339 | ||||||
|
5.00%, 02/15/31 (Call 02/15/27) |
2,025 | 2,139,509 | ||||||
|
5.00%, 03/15/31 |
2,560 | 2,893,571 | ||||||
|
5.00%, 07/01/33 (Call 07/01/27) |
840 | 897,777 | ||||||
|
5.00%, 10/01/33 |
1,475 | 1,766,291 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
77 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® New York Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| New York (continued) | ||||||||
|
5.00%, 03/15/34 (Call 09/15/26) |
$ | 1,000 | $ | 1,043,084 | ||||
|
5.00%, 02/15/36 (Call 02/15/27) |
500 | 522,449 | ||||||
|
5.00%, 07/01/45 (Call 07/01/25) |
100 | 100,716 | ||||||
|
5.00%, 07/01/48 (Call 07/01/28) |
500 | 528,553 | ||||||
|
5.00%, 07/01/50 (Call 07/01/30) |
2,500 | 2,620,210 | ||||||
|
Series 1, 5.00%, 03/15/25 |
500 | 513,048 | ||||||
|
Series 1, 5.50%, 07/01/40 (AMBAC) |
400 | 464,196 | ||||||
|
Series A, 4.00%, 03/15/35 (Call 09/15/30) |
1,000 | 1,033,341 | ||||||
|
Series A, 4.00%, 07/01/41 (Call 07/01/26) |
500 | 483,253 | ||||||
|
Series A, 4.00%, 03/15/47 (Call 03/15/28) |
500 | 473,242 | ||||||
|
Series A, 4.00%, 07/01/47 (Call 07/01/32) |
310 | 272,232 | ||||||
|
Series A, 5.00%, 03/15/24 |
1,335 | 1,347,452 | ||||||
|
Series A, 5.00%, 02/15/26 (Call 02/15/24) |
355 | 357,688 | ||||||
|
Series A, 5.00%, 07/01/26 |
1,125 | 1,180,524 | ||||||
|
Series A, 5.00%, 10/01/26 |
305 | 323,199 | ||||||
|
Series A, 5.00%, 10/01/27 |
500 | 541,291 | ||||||
|
Series A, 5.00%, 03/15/28 (Call 03/15/25) |
340 | 347,560 | ||||||
|
Series A, 5.00%, 10/01/28 |
505 | 557,922 | ||||||
|
Series A, 5.00%, 02/15/29 (Call 02/15/27) |
920 | 973,046 | ||||||
|
Series A, 5.00%, 02/15/30 (Call 02/15/24) |
715 | 719,530 | ||||||
|
Series A, 5.00%, 03/15/30 (Call 03/15/25) |
400 | 408,894 | ||||||
|
Series A, 5.00%, 03/15/31 (Call 03/15/25) |
1,000 | 1,021,936 | ||||||
|
Series A, 5.00%, 03/15/32 (Call 03/15/24) |
340 | 342,496 | ||||||
|
Series A, 5.00%, 02/15/33 (Call 08/15/26) |
1,500 | 1,576,189 | ||||||
|
Series A, 5.00%, 03/15/33 (Call 09/15/26) |
500 | 526,246 | ||||||
|
Series A, 5.00%, 03/15/33 (Call 03/15/28) |
300 | 322,388 | ||||||
|
Series A, 5.00%, 03/15/33 (Call 09/15/30) |
1,000 | 1,113,439 | ||||||
|
Series A, 5.00%, 03/15/34 (Call 03/15/29) |
1,000 | 1,092,500 | ||||||
|
Series A, 5.00%, 03/15/35 (Call 03/15/25) |
500 | 509,251 | ||||||
|
Series A, 5.00%, 03/15/35 (Call 03/15/29) |
2,000 | 2,172,556 | ||||||
|
Series A, 5.00%, 07/01/35 (Call 07/01/29) |
1,500 | 1,658,074 | ||||||
|
Series A, 5.00%, 03/15/36 (Call 03/15/31) |
1,000 | 1,098,981 | ||||||
|
Series A, 5.00%, 03/15/37 (Call 03/15/29) |
1,000 | 1,070,974 | ||||||
|
Series A, 5.00%, 02/15/40 (Call 08/15/26) |
500 | 518,409 | ||||||
|
Series A, 5.00%, 03/15/40 (Call 03/15/29) |
1,000 | 1,056,371 | ||||||
|
Series A, 5.00%, 03/15/41 (Call 03/15/27) |
350 | 362,825 | ||||||
|
Series A, 5.00%, 07/01/41 (Call 07/01/26) |
250 | 255,190 | ||||||
|
Series A, 5.00%, 03/15/44 (Call 03/15/24) |
500 | 502,654 | ||||||
|
Series A, 5.00%, 03/15/44 (Call 03/15/27) |
105 | 108,412 | ||||||
|
Series A, 5.00%, 07/01/46 (Call 01/01/27) |
250 | 252,430 | ||||||
|
Series A, 5.00%, 10/01/47 |
300 | 335,285 | ||||||
|
Series A, 5.00%, 10/01/48 |
500 | 558,320 | ||||||
|
Series A, 5.00%, 07/01/49 (Call 07/01/29) |
500 | 518,245 | ||||||
|
Series A, 5.00%, 10/01/50 |
310 | 346,553 | ||||||
|
Series A, 5.25%, 03/15/39 (Call 09/15/28) |
725 | 777,838 | ||||||
|
Series A-2, 5.00%, 10/01/46 |
225 | 251,674 | ||||||
|
Series A-2, 5.00%, 10/01/46 (Call 04/01/26) |
720 | 743,577 | ||||||
|
Series B, 5.00%, 10/01/23 |
800 | 800,988 | ||||||
|
Series B, 5.00%, 10/01/24 |
190 | 193,584 | ||||||
|
Series B, 5.00%, 10/01/25 |
2,100 | 2,179,567 | ||||||
|
Series B, 5.00%, 02/15/27 |
420 | 447,187 | ||||||
|
Series B, 5.00%, 10/01/27 (Call 04/01/26) |
510 | 534,110 | ||||||
|
Series B, 5.00%, 02/15/31 (Call 02/15/25) |
1,000 | 1,020,680 | ||||||
|
Series B, 5.00%, 02/15/31 (Call 08/15/27) |
750 | 799,905 | ||||||
|
Series B, 5.00%, 02/15/34 (Call 02/15/25) |
500 | 509,562 | ||||||
|
Series B, 5.00%, 02/15/34 (Call 08/15/27) |
1,000 | 1,062,403 | ||||||
|
Series B, 5.00%, 02/15/37 (Call 08/15/27) |
500 | 524,906 | ||||||
|
Series B, 5.00%, 02/15/38 (Call 02/15/25) |
500 | 506,815 | ||||||
|
Series B, 5.00%, 10/01/38 (Call 04/01/28) |
1,000 | 1,072,234 | ||||||
|
Series B, 5.00%, 02/15/43 (Call 08/15/27) |
1,000 | 1,038,522 | ||||||
| Security |
Par (000) |
Value | ||||||
| New York (continued) | ||||||||
|
Series B, 5.00%, 07/01/50 (Call 07/01/29) |
$ | 500 | $ | 521,712 | ||||
|
Series C, 4.00%, 07/01/49 (Call 07/01/29) |
500 | 468,999 | ||||||
|
Series C, 5.00%, 03/15/35 (Call 03/15/24) |
500 | 503,409 | ||||||
|
Series C, 5.00%, 03/15/36 (Call 03/15/28) |
1,000 | 1,060,871 | ||||||
|
Series C, 5.00%, 03/15/38 (Call 03/15/28) |
500 | 525,055 | ||||||
|
Series D, 4.00%, 02/15/47 (Call 02/15/30) |
2,000 | 1,890,897 | ||||||
|
Series D, 5.00%, 02/15/25 |
1,400 | 1,434,457 | ||||||
|
Series D, 5.00%, 02/15/28 |
1,000 | 1,079,147 | ||||||
|
Series D, 5.00%, 02/15/28 (Call 08/15/26) |
200 | 210,101 | ||||||
|
Series E, 3.00%, 03/15/41 (Call 03/15/32) |
2,000 | 1,610,320 | ||||||
|
Series E, 4.00%, 03/15/27 (Call 09/15/25) |
400 | 406,238 | ||||||
|
Series E, 4.00%, 03/15/39 (Call 03/15/32) |
1,985 | 1,966,779 | ||||||
|
Series E, 5.00%, 02/15/24 |
1,000 | 1,007,572 | ||||||
|
Series E, 5.00%, 03/15/31 (Call 09/15/25) |
1,000 | 1,029,638 | ||||||
|
New York State Environmental Facilities Corp. RB |
||||||||
|
4.00%, 06/15/42 (Call 06/15/32) |
1,000 | 974,760 | ||||||
|
4.00%, 06/15/45 (Call 06/15/29) |
1,095 | 1,053,469 | ||||||
|
4.00%, 08/15/46 (Call 02/15/32) |
1,000 | 959,112 | ||||||
|
4.00%, 06/15/49 (Call 06/15/29) |
2,550 | 2,426,293 | ||||||
|
5.00%, 03/15/24 |
280 | 282,671 | ||||||
|
5.00%, 06/15/24 |
625 | 633,748 | ||||||
|
5.00%, 06/15/25 |
1,000 | 1,032,323 | ||||||
|
5.00%, 08/15/29 |
165 | 185,099 | ||||||
|
5.00%, 09/15/29 |
500 | 561,726 | ||||||
|
5.00%, 08/15/31 |
300 | 347,801 | ||||||
|
5.00%, 06/15/32 |
500 | 586,004 | ||||||
|
5.00%, 09/15/32 |
500 | 587,992 | ||||||
|
5.00%, 06/15/34 (Call 06/15/24) |
260 | 262,858 | ||||||
|
5.00%, 09/15/34 (Call 09/15/32) |
500 | 580,315 | ||||||
|
5.00%, 06/15/35 (Call 06/15/28) |
365 | 396,129 | ||||||
|
5.00%, 09/15/37 (Call 09/15/32) |
500 | 559,670 | ||||||
|
5.00%, 06/15/53 (Call 06/15/33) |
2,500 | 2,662,922 | ||||||
|
Series A, 5.00%, 06/15/35 (Call 06/15/27) |
200 | 213,025 | ||||||
|
Series A, 5.00%, 06/15/41 (Call 06/15/26) |
1,000 | 1,032,285 | ||||||
|
Series A, 5.00%, 08/15/44 (Call 08/15/29) |
500 | 531,570 | ||||||
|
Series A, 5.00%, 06/15/46 (Call 06/15/27) |
835 | 868,027 | ||||||
|
Series A, 5.00%, 02/15/49 (Call 08/15/29) |
1,200 | 1,267,660 | ||||||
|
Series B, 4.00%, 06/15/49 (Call 06/15/29) |
500 | 475,744 | ||||||
|
Series B, 5.00%, 06/15/24 |
250 | 253,499 | ||||||
|
Series B, 5.00%, 06/15/28 |
500 | 549,408 | ||||||
|
Series B, 5.00%, 06/15/43 (Call 06/15/28) |
1,000 | 1,059,302 | ||||||
|
Series DD-3, 5.00%, 06/15/29 (Call 06/15/24) |
1,345 | 1,359,990 | ||||||
|
Series E, 5.00%, 06/15/47 (Call 06/15/27) |
1,000 | 1,037,978 | ||||||
|
New York State Thruway Authority RB |
||||||||
|
4.00%, 03/15/52 (Call 03/15/31) |
775 | 715,174 | ||||||
|
4.00%, 03/15/56 (Call 03/15/31) |
3,000 | 2,735,293 | ||||||
|
4.13%, 03/15/56 (Call 09/15/32) |
2,000 | 1,875,621 | ||||||
|
Series A, 4.00%, 01/01/51 (Call 01/01/26) |
585 | 532,702 | ||||||
|
Series A, 5.00%, 01/01/31 (Call 01/01/26) |
100 | 103,538 | ||||||
|
Series A, 5.00%, 01/01/46 (Call 01/01/26) |
500 | 508,399 | ||||||
|
Series A, 5.00%, 01/01/51 (Call 01/01/26) |
600 | 608,751 | ||||||
|
Series A, 5.25%, 01/01/56 (Call 01/01/26) |
2,765 | 2,831,493 | ||||||
|
Series A-1, 4.00%, 03/15/36 (Call 03/15/31) |
1,500 | 1,525,426 | ||||||
|
Series A-1, 4.00%, 03/15/59 (Call 03/15/31) |
1,000 | 903,491 | ||||||
|
Series B, 4.00%, 01/01/38 (Call 01/01/30) |
1,500 | 1,461,108 | ||||||
|
Series B, 4.00%, 01/01/50 (Call 01/01/30) |
1,000 | 914,368 | ||||||
|
Series J, 5.00%, 01/01/25 (Call 01/01/24) |
130 | 130,723 | ||||||
|
Series J, 5.00%, 01/01/26 (Call 01/01/24) |
100 | 100,460 | ||||||
|
Series J, 5.00%, 01/01/27 (Call 01/01/24) |
1,970 | 1,979,003 | ||||||
|
Series K, 5.00%, 01/01/24 |
215 | 216,198 | ||||||
| 78 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® New York Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| New York (continued) | ||||||||
|
Series K, 5.00%, 01/01/30 (Call 01/01/25) |
$ | 465 | $ | 473,752 | ||||
|
Series K, 5.00%, 01/01/31 (Call 01/01/25) |
250 | 254,673 | ||||||
|
Series K, 5.00%, 01/01/32 (Call 01/01/25) |
340 | 346,267 | ||||||
|
Series L, 4.00%, 01/01/36 (Call 01/01/28) |
500 | 504,851 | ||||||
|
Series L, 5.00%, 01/01/24 |
500 | 502,786 | ||||||
|
Series L, 5.00%, 01/01/25 |
200 | 204,546 | ||||||
|
Series L, 5.00%, 01/01/35 (Call 01/01/28) |
810 | 865,314 | ||||||
|
Series N, 3.00%, 01/01/49 (Call 01/01/30) |
500 | 355,232 | ||||||
|
Series N, 4.00%, 01/01/47 (Call 01/01/30) |
1,225 | 1,155,448 | ||||||
|
New York State Urban Development Corp. RB |
||||||||
|
4.00%, 03/15/45 (Call 09/15/30) |
2,500 | 2,395,147 | ||||||
|
4.00%, 03/15/49 (Call 09/15/30) |
1,000 | 942,077 | ||||||
|
5.00%, 03/15/25 |
500 | 513,070 | ||||||
|
5.00%, 09/15/28 |
1,370 | 1,495,579 | ||||||
|
5.00%, 03/15/31 (Call 09/15/30) |
575 | 643,529 | ||||||
|
5.00%, 03/15/38 (Call 09/15/30) |
2,000 | 2,147,420 | ||||||
|
5.00%, 03/15/47 (Call 09/15/30) |
1,000 | 1,045,314 | ||||||
|
Series A, 4.00%, 03/15/39 (Call 09/15/30) |
1,000 | 991,957 | ||||||
|
Series A, 4.00%, 03/15/40 (Call 09/15/30) |
1,000 | 987,277 | ||||||
|
Series A, 5.00%, 03/15/24 |
440 | 443,782 | ||||||
|
Series A, 5.00%, 03/15/25 |
1,295 | 1,328,851 | ||||||
|
Series A, 5.00%, 03/15/27 (Call 03/15/26) |
155 | 162,007 | ||||||
|
Series A, 5.00%, 03/15/29 (Call 09/15/25) |
750 | 773,417 | ||||||
|
Series A, 5.00%, 03/15/31 (Call 03/15/26) |
400 | 415,473 | ||||||
|
Series A, 5.00%, 03/15/32 (Call 03/15/27) |
500 | 528,034 | ||||||
|
Series A, 5.00%, 03/15/35 (Call 09/15/25) |
350 | 359,405 | ||||||
|
Series A, 5.00%, 03/15/35 (Call 03/15/26) |
200 | 206,706 | ||||||
|
Series A-1, 5.00%, 03/15/28 (Call 09/21/23) |
520 | 520,806 | ||||||
|
Series A-1, 5.00%, 03/15/43 (Call 09/21/23) |
240 | 240,156 | ||||||
|
Series C, 5.00%, 03/15/31 (Call 10/02/23) |
655 | 656,055 | ||||||
|
Series C-1, 5.00%, 03/15/27 |
285 | 303,023 | ||||||
|
Series C-3, 5.00%, 03/15/39 (Call 09/15/27) |
500 | 520,880 | ||||||
|
Series E, 3.00%, 03/15/40 (Call 03/15/30) |
500 | 413,190 | ||||||
|
Series E, 4.00%, 03/15/36 (Call 03/15/30) |
1,000 | 1,021,675 | ||||||
|
Series E, 5.00%, 03/15/28 (Call 09/21/23) |
1,325 | 1,327,053 | ||||||
|
Onondaga County Trust for Cultural Resources RB |
||||||||
|
4.00%, 12/01/47 (Call 12/01/29) |
1,000 | 944,553 | ||||||
|
4.00%, 12/01/49 (Call 12/01/29) |
500 | 464,572 | ||||||
|
5.00%, 12/01/39 (Call 12/01/29) |
1,000 | 1,076,712 | ||||||
|
5.00%, 12/01/40 (Call 12/01/29) |
500 | 536,957 | ||||||
|
5.00%, 12/01/43 (Call 12/01/29) |
500 | 532,024 | ||||||
|
Onondaga County Water Authority RB, Series A, 3.00%, 09/15/44 (Call 09/15/29) |
1,000 | 761,535 | ||||||
|
Port Authority of New York & New Jersey RB |
||||||||
|
4.00%, 12/01/28 |
250 | 263,526 | ||||||
|
4.00%, 12/15/40 (Call 06/15/24) |
400 | 397,138 | ||||||
|
4.00%, 06/15/44 (Call 06/15/24) |
250 | 241,996 | ||||||
|
4.00%, 09/01/45 (Call 09/01/29) |
1,000 | 962,338 | ||||||
|
5.00%, 07/15/24 |
125 | 126,832 | ||||||
|
5.00%, 07/15/25 |
750 | 774,334 | ||||||
|
5.00%, 05/01/28 (Call 05/01/25) |
330 | 338,775 | ||||||
|
5.00%, 07/15/29 |
520 | 580,705 | ||||||
|
5.00%, 09/01/32 (Call 09/01/29) |
1,000 | 1,104,747 | ||||||
|
5.00%, 07/15/33 (Call 07/15/30) |
500 | 560,990 | ||||||
|
5.00%, 09/01/33 (Call 09/01/29) |
1,000 | 1,103,765 | ||||||
|
5.00%, 09/01/34 (Call 09/01/24) |
250 | 253,320 | ||||||
|
5.00%, 07/15/48 (Call 07/15/33) |
750 | 800,509 | ||||||
|
Series 111, 4.00%, 09/01/43 (Call 09/01/28) |
750 | 730,288 | ||||||
|
Series 184, 5.00%, 09/01/36 (Call 09/01/24) |
400 | 404,380 | ||||||
|
Series 194, 5.00%, 10/15/28 (Call 10/15/25) |
525 | 543,136 | ||||||
| Security |
Par (000) |
Value | ||||||
| New York (continued) | ||||||||
|
Series 194, 5.00%, 10/15/29 (Call 10/15/25) |
$ | 1,000 | $ | 1,034,130 | ||||
|
Series 194, 5.00%, 10/15/34 (Call 10/15/25) |
1,000 | 1,031,447 | ||||||
|
Series 194, 5.00%, 10/15/41 (Call 10/15/25) |
500 | 510,910 | ||||||
|
Series 198, 5.00%, 11/15/46 (Call 11/15/26) |
1,000 | 1,016,750 | ||||||
|
Series 198, 5.25%, 11/15/56 (Call 11/15/26) |
500 | 513,858 | ||||||
|
Series 200, 5.00%, 04/15/57 (Call 04/15/27) |
500 | 511,562 | ||||||
|
Series 205, 5.00%, 11/15/25 |
1,000 | 1,038,052 | ||||||
|
Series 209, 5.00%, 07/15/35 (Call 07/15/28) |
500 | 537,681 | ||||||
|
Series 217, 4.00%, 11/01/49 (Call 11/01/29) |
555 | 526,529 | ||||||
|
Series 224, 4.00%, 07/15/51 (Call 07/15/31) |
1,500 | 1,414,759 | ||||||
|
Series 224, 4.00%, 07/15/61 (Call 07/15/31) |
1,500 | 1,374,249 | ||||||
|
Series 230, 4.00%, 12/01/30 |
1,500 | 1,610,634 | ||||||
|
Series 5, 5.38%, 03/01/28 |
365 | 381,571 | ||||||
|
Sales Tax Asset Receivable Corp. RB |
||||||||
|
Series A, 5.00%, 10/15/23 |
355 | 355,636 | ||||||
|
Series A, 5.00%, 10/15/24 |
1,890 | 1,924,824 | ||||||
|
Series A, 5.00%, 10/15/28 (Call 10/15/24) |
3,250 | 3,309,882 | ||||||
|
Series A, 5.00%, 10/15/29 (Call 10/15/24) |
1,570 | 1,598,928 | ||||||
|
Series A, 5.00%, 10/15/30 (Call 10/15/24) |
1,440 | 1,466,532 | ||||||
|
Saratoga County Water Authority RB, 4.00%, 09/01/48 (Call 09/01/26) |
4,600 | 4,342,825 | ||||||
|
State of New York GO |
||||||||
|
5.00%, 03/15/24 |
280 | 282,583 | ||||||
|
Series A, 5.00%, 03/01/24 |
810 | 816,966 | ||||||
|
Series A, 5.00%, 02/15/25 |
1,000 | 1,025,227 | ||||||
|
Series A, 5.00%, 03/15/27 |
500 | 535,943 | ||||||
|
Series A, 5.00%, 03/15/31 |
500 | 577,510 | ||||||
|
Suffolk County Water Authority RB |
||||||||
|
4.00%, 06/01/31 (Call 06/01/25) |
1,915 | 1,952,070 | ||||||
|
5.00%, 06/01/24 |
275 | 278,454 | ||||||
|
Series A, 4.00%, 06/01/39 (Call 06/01/25) |
500 | 492,853 | ||||||
|
Series A, 4.00%, 06/01/41 (Call 06/01/28) |
3,485 | 3,431,153 | ||||||
|
Series A, 5.00%, 06/01/25 (Call 06/01/24) |
15 | 15,175 | ||||||
|
Series B, 3.00%, 06/01/44 (Call 06/01/30) |
610 | 481,405 | ||||||
|
Syracuse Industrial Development Agency RB |
||||||||
|
Series A, 4.00%, 05/01/33 (Call 05/01/27) (SAW) |
500 | 516,009 | ||||||
|
Series A, 5.00%, 05/01/31 (Call 05/01/27) (SAW) |
500 | 533,866 | ||||||
|
Series A, 5.00%, 05/01/32 (Call 05/01/27) (SAW) |
130 | 138,583 | ||||||
|
Town of Brookhaven NY GOL |
||||||||
|
4.00%, 07/15/24 |
115 | 115,883 | ||||||
|
4.00%, 07/15/26 |
3,285 | 3,375,164 | ||||||
|
4.00%, 03/15/28 (Call 03/15/24) |
250 | 251,448 | ||||||
|
5.00%, 05/01/27 (Call 05/01/25) |
600 | 616,932 | ||||||
|
Town of Hempstead NY GOL |
||||||||
|
5.00%, 06/15/27 (Call 06/15/26) |
125 | 131,805 | ||||||
|
5.00%, 06/15/28 |
1,000 | 1,097,408 | ||||||
|
Town of Oyster Bay NY GOL |
||||||||
|
3.00%, 02/01/25 (AGM) |
1,370 | 1,359,682 | ||||||
|
4.00%, 11/01/24 (BAM) |
200 | 201,707 | ||||||
|
4.00%, 03/01/26 |
1,095 | 1,116,959 | ||||||
|
Series A, 2.00%, 03/01/33 (Call 03/01/28) (AGM) |
2,000 | 1,691,571 | ||||||
|
Triborough Bridge & Tunnel Authority RB |
||||||||
|
4.00%, 05/15/51 (Call 05/15/32) |
1,000 | 943,698 | ||||||
|
5.00%, 11/15/27 (Call 08/15/27) |
180 | 193,304 | ||||||
|
5.00%, 11/15/29 |
1,000 | 1,111,656 | ||||||
|
5.00%, 11/15/30 |
1,000 | 1,128,190 | ||||||
|
5.00%, 11/15/43 (Call 05/15/29) |
665 | 694,896 | ||||||
|
5.00%, 05/15/52 |
250 | 280,564 | ||||||
|
Series A, 0.00%, 11/15/30(b) |
445 | 335,265 | ||||||
|
Series A, 0.00%, 11/15/32(b) |
200 | 137,920 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
79 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® New York Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| New York (continued) | ||||||||
|
Series A, 4.00%, 11/15/54 (Call 11/15/30) |
$ | 1,245 | $ | 1,150,858 | ||||
|
Series A, 5.00%, 11/15/23 |
245 | 245,764 | ||||||
|
Series A, 5.00%, 11/15/24 |
1,355 | 1,381,610 | ||||||
|
Series A, 5.00%, 11/15/40 (Call 05/15/25) |
250 | 254,000 | ||||||
|
Series A, 5.00%, 11/15/43 (Call 05/15/28) |
500 | 521,714 | ||||||
|
Series A, 5.00%, 11/15/46 (Call 05/15/26) |
1,375 | 1,405,996 | ||||||
|
Series A, 5.00%, 11/15/51 (Call 05/15/31) |
625 | 654,804 | ||||||
|
Series A, 5.00%, 11/15/56 (Call 05/15/31) |
500 | 522,013 | ||||||
|
Series A-1, 4.00%, 05/15/46 (Call 05/15/31) |
925 | 885,637 | ||||||
|
Series A-2, VRDN, 2.00%, 05/15/45Put(a) |
1,215 | 1,122,543 | ||||||
|
Series B, 0.00%, 11/15/32(b) |
700 | 489,290 | ||||||
|
Series B, 5.00%, 11/15/24 |
250 | 254,910 | ||||||
|
Series B, 5.00%, 11/15/31 (Call 05/15/27) |
1,000 | 1,058,036 | ||||||
|
Series B, 5.00%, 11/15/35 (Call 05/15/27) |
325 | 341,559 | ||||||
|
Series B, 5.00%, 11/15/37 (Call 05/15/27) |
1,685 | 1,756,756 | ||||||
|
Series B, 5.00%, 11/15/38 (Call 05/15/27) |
250 | 260,192 | ||||||
|
Series C-1, 5.00%, 11/15/25 |
1,000 | 1,037,621 | ||||||
|
VRDN,
VRDN, 3.95%, 01/01/32 |
750 | 750,000 | ||||||
|
Trust for Cultural Resources of The City of New York (The) |
||||||||
|
Series A, 5.00%, 01/01/34 (Call 01/01/29) |
1,000 | 1,099,030 | ||||||
|
Series A, 5.00%, 01/01/37 (Call 01/01/29) |
500 | 539,514 | ||||||
|
Series A, 5.00%, 01/01/38 (Call 01/01/29) |
500 | 534,979 | ||||||
|
United Nations Development Corp. RB, Series A, 5.00%, 07/01/26 |
125 | 131,411 | ||||||
|
Utility Debt Securitization Authority RB |
||||||||
|
4.00%, 12/15/35 (Call 06/15/26) |
1,455 | 1,480,587 | ||||||
|
5.00%, 06/15/27 (Call 06/15/25) |
1,745 | 1,801,403 | ||||||
|
5.00%, 12/15/29 (Call 12/15/27) |
175 | 190,054 | ||||||
|
5.00%, 12/15/32 (Call 12/15/25) |
2,025 | 2,102,708 | ||||||
|
5.00%, 12/15/33 (Call 12/15/25) |
400 | 415,171 | ||||||
|
5.00%, 12/15/33 (Call 12/15/31) |
1,500 | 1,733,659 | ||||||
|
5.00%, 12/15/34 (Call 12/15/32) |
1,000 | 1,167,514 | ||||||
|
5.00%, 12/15/35 (Call 12/15/25) |
600 | 620,753 | ||||||
|
5.00%, 12/15/36 (Call 12/15/25) |
150 | 154,789 | ||||||
|
5.00%, 12/15/37 (Call 12/15/25) |
750 | 772,285 | ||||||
| Security | Par/ Shares (000) |
Value | ||||||
| New York (continued) | ||||||||
|
5.00%, 12/15/39 (Call 12/15/27) |
$ | 1,200 | $ | 1,277,750 | ||||
|
5.00%, 12/15/40 (Call 12/15/27) |
1,500 | 1,594,258 | ||||||
|
5.00%, 12/15/41 (Call 12/15/27) |
2,030 | 2,153,357 | ||||||
|
Series A, 5.00%, 12/15/35 (Call 06/15/26) |
1,195 | 1,246,087 | ||||||
|
Series TE, 5.00%, 12/15/29 (Call 12/15/23) |
1,250 | 1,254,519 | ||||||
|
Series TE, 5.00%, 12/15/30 (Call 12/15/23) |
750 | 752,670 | ||||||
|
Series TE, 5.00%, 12/15/35 (Call 12/15/23) |
1,000 | 1,002,974 | ||||||
|
Series TE, 5.00%, 12/15/41 (Call 12/15/23) |
995 | 997,128 | ||||||
|
Western Nassau County Water Authority RB |
||||||||
|
4.00%, 04/01/46 (Call 04/01/31) |
1,145 | 1,092,217 | ||||||
|
Series A, 4.00%, 04/01/51 (Call 04/01/31) |
1,255 | 1,179,105 | ||||||
|
|
|
|||||||
| 563,311,990 | ||||||||
|
|
|
|||||||
|
Total
Long-Term Investments — 99.0% |
563,311,990 | |||||||
|
|
|
|||||||
|
Short-Term Securities |
||||||||
| Money Market Funds — 0.0% | ||||||||
|
BlackRock Liquidity Funds New York Money Fund Portfolio, 4.14%(c)(d) |
133 | 133,247 | ||||||
|
|
|
|||||||
|
Total
Short-Term Securities — 0.0% |
133,247 | |||||||
|
|
|
|||||||
|
Total
Investments — 99.0% |
563,445,237 | |||||||
|
Other Assets Less Liabilities — 1.0% |
5,603,375 | |||||||
|
|
|
|||||||
|
Net Assets — 100.0% |
$ | 569,048,612 | ||||||
|
|
|
|||||||
| (a) |
Variable rate security. Rate as of period end and maturity is the date the principal owed can be recovered through demand |
| (b) |
Zero-coupon bond |
| (c) |
Affiliate of the Fund |
| (d) |
Annualized 7-day yield as of period end |
Affiliates
Investments in issuers considered to be affiliate(s) of the Fund during the six months ended August 31, 2023 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:
| Affiliated Issuer | Value at 02/28/23 |
Purchases at Cost |
Proceeds from Sale |
Net Realized Gain (Loss) |
Change in Unrealized Appreciation (Depreciation) |
Value at 08/31/23 |
Shares Held at 08/31/23 (000) |
Income | Capital Gain Distributions from Underlying Funds |
|||||||||||||||||||||||||||
|
BlackRock Liquidity Funds New York Money Fund Portfolio |
$ | 14,231,522 | $ | — | $ | (14,098,275 | )(a) | $ | — | $ | — | $ | 133,247 | 133 | $ | 78,803 | $ | — | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||||
| (a) |
Represents net amount purchased (sold). |
| 80 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® New York Muni Bond ETF |
Fair Value Hierarchy as of Period End
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.
| Level 1 | Level 2 | Level 3 | Total | |||||||||||||
|
Assets |
||||||||||||||||
|
Investments |
||||||||||||||||
|
Long-Term Investments |
||||||||||||||||
|
Municipal Debt Obligations |
$ | — | $ | 563,311,990 | $ | — | $ | 563,311,990 | ||||||||
|
Short-Term Securities |
||||||||||||||||
|
Money Market Funds |
133,247 | — | — | 133,247 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
| $ | 133,247 | $ | 563,311,990 | $ | — | $ | 563,445,237 | |||||||||
|
|
|
|
|
|
|
|
|
|||||||||
See notes to financial statements.
|
S C H E D U L E O F I N V E S T M E N T S |
81 |
|
Schedule of Investments (unaudited) August 31, 2023 |
iShares® Short-Term National Muni Bond ETF (Percentages shown are based on Net Assets) |
|
Security |
Par (000) |
Value |
||||||
|
Municipal Debt Obligations |
||||||||
| Alabama — 1.4% | ||||||||
|
Alabama Federal Aid Highway Finance Authority RB |
||||||||
|
3.10%, 09/01/29 (PR 09/01/24) |
$ | 1,750 | $ | 1,745,265 | ||||
|
4.00%, 09/01/31 (PR 09/01/24) |
20,000 | 20,125,306 | ||||||
|
5.00%, 09/01/30 (PR 09/01/24) |
6,015 | 6,110,711 | ||||||
|
5.00%, 09/01/33 (PR 09/01/27) |
1,250 | 1,343,139 | ||||||
|
5.00%, 09/01/34 (PR 09/01/27) |
1,250 | 1,343,139 | ||||||
|
5.00%, 09/01/36 (PR 09/01/27) |
6,840 | 7,349,655 | ||||||
|
Series A, 5.00%, 09/01/36 (PR 09/01/26) |
15,005 | 15,855,744 | ||||||
|
Series B, 5.00%, 09/01/23 |
200 | 200,000 | ||||||
|
Series B, 5.00%, 09/01/24 |
600 | 609,840 | ||||||
|
Series B, 5.00%, 09/01/25 |
1,050 | 1,085,126 | ||||||
|
Alabama Public School and College Authority RB |
||||||||
|
3.25%, 06/01/24 (Call 10/02/23) |
10 | 9,993 | ||||||
|
5.00%, 01/01/27 (Call 07/01/24) |
440 | 445,654 | ||||||
|
Series A, 5.00%, 11/01/23 |
2,495 | 2,501,479 | ||||||
|
Series A, 5.00%, 02/01/24 |
1,125 | 1,132,526 | ||||||
|
Series A, 5.00%, 11/01/24 |
5,300 | 5,401,806 | ||||||
|
Series A, 5.00%, 11/01/25 |
5,750 | 5,961,895 | ||||||
|
Series A, 5.00%, 11/01/26 |
320 | 338,286 | ||||||
|
Series A, 5.00%, 11/01/27 |
11,965 | 12,896,967 | ||||||
|
Series B, 5.00%, 01/01/24 |
10,115 | 10,168,414 | ||||||
|
Series B, 5.00%, 01/01/25 (Call 07/01/24) |
4,005 | 4,060,360 | ||||||
|
Series B, 5.00%, 01/01/26 (Call 07/01/24) |
2,475 | 2,505,310 | ||||||
|
Auburn Water Works Board RB, 5.00%, 09/01/40 (PR 09/01/25) |
2,500 | 2,578,759 | ||||||
|
State of Alabama GO, Series A, 5.00%, 08/01/24 |
95 | 96,423 | ||||||
|
Tuscaloosa County Board of Education ST, 4.00%, 02/01/47 (PR 02/01/27) |
5,015 | 5,173,289 | ||||||
|
Water Works Board of the City of Birmingham (The) RB |
||||||||
|
5.00%, 01/01/30 (PR 01/01/27) |
4,000 | 4,241,098 | ||||||
|
Series B, 5.00%, 01/01/32 (PR 01/01/27) |
6,945 | 7,363,607 | ||||||
|
Series B, 5.00%, 01/01/43 (PR 01/01/27) |
9,785 | 10,374,787 | ||||||
|
|
|
|||||||
| 131,018,578 | ||||||||
| Alaska — 0.1% | ||||||||
|
State of Alaska GO, 5.00%, 08/01/27 (Call 08/01/25) |
5,460 | 5,613,383 | ||||||
|
|
|
|||||||
| Arizona — 1.2% | ||||||||
|
Arizona Department of Transportation State Highway Fund Revenue, 5.00%, 07/01/27 (Call 07/01/26) |
1,470 | 1,543,563 | ||||||
|
Arizona Department of Transportation State Highway Fund Revenue RB |
||||||||
|
5.00%, 07/01/24 |
650 | 659,197 | ||||||
|
5.00%, 07/01/25 (PR 07/01/24) |
115 | 116,492 | ||||||
|
5.00%, 07/01/26 (PR 07/01/24) |
370 | 374,662 | ||||||
|
Arizona Transportation Board RB |
||||||||
|
5.00%, 07/01/24 |
4,850 | 4,918,620 | ||||||
|
5.00%, 07/01/25 |
5,000 | 5,158,646 | ||||||
|
5.00%, 07/01/26 |
155 | 162,564 | ||||||
|
Series A, 5.00%, 07/01/25 |
660 | 680,941 | ||||||
|
Arizona Water Infrastructure Finance Authority RB |
||||||||
|
Series A, 5.00%, 10/01/23 |
1,220 | 1,221,453 | ||||||
|
Series A, 5.00%, 10/01/24 |
535 | 544,580 | ||||||
|
City of Chandler AZ GOL, 5.00%, 07/01/24 |
4,020 | 4,077,861 | ||||||
|
City of Phoenix AZ GO |
||||||||
|
5.00%, 07/01/24 |
450 | 456,330 | ||||||
|
5.00%, 07/01/27 (Call 07/01/26) |
330 | 347,336 | ||||||
|
City of Phoenix Civic Improvement Corp. RB |
||||||||
|
5.00%, 07/01/25 |
4,840 | 4,993,569 | ||||||
|
Security |
Par (000) |
Value |
||||||
| Arizona (continued) | ||||||||
|
5.00%, 07/01/25 (Call 07/01/24) |
$ | 4,615 | $ | 4,682,006 | ||||
|
Series A, 5.00%, 07/01/39 (PR 07/01/24) |
15,000 | 15,197,559 | ||||||
|
Series B, 5.00%, 07/01/24 |
2,590 | 2,626,222 | ||||||
|
Maricopa County Unified School District No. 48 Scottsdale GO, 5.00%, 07/01/27 |
145 | 155,167 | ||||||
|
Maricopa County Unified School District No. 97-Deer Valley/AZ GO, 5.00%, 07/01/24 |
4,800 | 4,864,783 | ||||||
|
Phoenix AZ, 4.00%, 07/01/24 |
895 | 900,257 | ||||||
|
Salt River Project Agricultural Improvement & Power District RB |
||||||||
|
5.00%, 01/01/24 |
8,945 | 8,992,525 | ||||||
|
5.00%, 01/01/25 |
755 | 772,063 | ||||||
|
5.00%, 01/01/26 |
450 | 468,685 | ||||||
|
5.00%, 01/01/28 |
600 | 649,557 | ||||||
|
Series A, 5.00%, 01/01/24 |
3,695 | 3,714,632 | ||||||
|
Series A, 5.00%, 01/01/25 |
6,145 | 6,283,872 | ||||||
|
Series A, 5.00%, 01/01/26 |
11,240 | 11,706,714 | ||||||
|
Series A, 5.00%, 01/01/27 |
13,835 | 14,682,389 | ||||||
|
Series E, 5.00%, 01/01/24 |
3,160 | 3,176,789 | ||||||
|
Scottsdale Municipal Property Corp. RB, 5.00%, 07/01/36 (PR 07/01/27) |
2,000 | 2,145,459 | ||||||
|
University of Arizona (The) RB |
||||||||
|
5.00%, 06/01/26 |
15 | 15,722 | ||||||
|
5.00%, 06/01/27 (Call 06/01/26) |
50 | 52,445 | ||||||
|
Series A, 5.00%, 06/01/26 (Call 06/01/25) |
975 | 1,003,285 | ||||||
|
|
|
|||||||
| 107,345,945 | ||||||||
| Arkansas — 0.1% | ||||||||
|
State of Arkansas GO |
||||||||
|
5.00%, 04/01/24 (Call 10/02/23) |
2,670 | 2,673,152 | ||||||
|
5.00%, 04/01/26 (Call 10/01/24) |
360 | 365,748 | ||||||
|
University of Arkansas RB |
||||||||
|
5.00%, 11/01/39 (PR 11/01/24) |
1,135 | 1,156,802 | ||||||
|
5.00%, 11/01/41 (PR 11/01/24) |
825 | 840,847 | ||||||
|
|
|
|||||||
| 5,036,549 | ||||||||
| California — 13.1% | ||||||||
|
Bay Area Toll Authority RB |
||||||||
|
VRDN, 2.00%, 04/01/53 (Put 10/02/23)(a) |
3,000 | 2,964,504 | ||||||
|
VRDN, 2.63%, 04/01/45 (Put 10/01/25)(a) |
860 | 833,325 | ||||||
|
Series F-1, 5.00%, 04/01/54 (PR 04/01/24) |
11,070 | 11,187,425 | ||||||
|
Series F-1, 5.00%, 04/01/56 (PR 04/01/27) |
10,040 | 10,786,051 | ||||||
|
Beverly Hills Unified School District CA GO, 5.00%, 08/01/24 |
500 | 508,251 | ||||||
|
California Educational Facilities Authority RB, Series C, 5.25%, 10/01/24 |
8,195 | 8,379,702 | ||||||
|
California Infrastructure & Economic Development Bank RB |
||||||||
|
5.00%, 10/01/23 |
1,900 | 1,902,473 | ||||||
|
5.00%, 10/01/24 |
1,600 | 1,631,706 | ||||||
|
5.00%, 10/01/26 |
5,000 | 5,305,901 | ||||||
|
California State Public Works Board RB |
||||||||
|
5.00%, 11/01/23 |
5 | 5,014 | ||||||
|
5.00%, 08/01/24 |
1,500 | 1,525,157 | ||||||
|
5.00%, 05/01/25 |
1,060 | 1,093,030 | ||||||
|
5.00%, 10/01/26 |
110 | 116,730 | ||||||
|
5.00%, 02/01/28 |
4,165 | 4,534,341 | ||||||
|
5.25%, 10/01/27 (Call 10/01/24) |
1,050 | 1,073,442 | ||||||
|
Series A, 5.00%, 09/01/24 |
295 | 300,416 | ||||||
|
Series A, 5.00%, 09/01/25 (Call 09/01/24) |
705 | 717,328 | ||||||
|
Series A, 5.00%, 02/01/27 |
15,800 | 16,880,306 | ||||||
| 82 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® Short-Term National Muni Bond ETF (Percentages shown are based on Net Assets) |
|
Security |
Par (000) |
Value |
||||||
| California (continued) | ||||||||
|
Series A, 5.00%, 08/01/27 |
$ | 2,450 | $ | 2,645,888 | ||||
|
Series B, 5.00%, 10/01/23 |
5,795 | 5,802,670 | ||||||
|
Series B, 5.00%, 10/01/24 |
1,145 | 1,167,812 | ||||||
|
Series B, 5.00%, 10/01/25 |
295 | 306,478 | ||||||
|
Series B, 5.00%, 05/01/26 |
1,040 | 1,093,727 | ||||||
|
Series B, 5.00%, 10/01/26 (Call 10/01/24) |
600 | 611,316 | ||||||
|
Series D, 5.00%, 05/01/27 |
7,845 | 8,426,344 | ||||||
|
Series F, 5.00%, 05/01/24 |
2,565 | 2,596,111 | ||||||
|
Series F, 5.00%, 05/01/25 |
325 | 335,127 | ||||||
|
Series F, 5.00%, 05/01/26 (Call 05/01/25) |
290 | 298,476 | ||||||
|
Series H, 5.00%, 09/01/38 (PR 09/01/23) |
5,095 | 5,095,000 | ||||||
|
California State University RB |
||||||||
|
5.00%, 11/01/24 |
2,300 | 2,350,758 | ||||||
|
5.00%, 11/01/26 (Call 05/01/26) |
75 | 79,108 | ||||||
|
Series A, 5.00%, 11/01/23 |
775 | 777,297 | ||||||
|
Series A, 5.00%, 11/01/24 |
2,115 | 2,161,676 | ||||||
|
Series A, 5.00%, 11/01/25 |
5,250 | 5,469,092 | ||||||
|
Series A, 5.00%, 11/01/28 (PR 11/01/24) |
7,000 | 7,150,471 | ||||||
|
Series A, 5.00%, 11/01/29 (PR 11/01/24) |
1,820 | 1,859,123 | ||||||
|
Series A, 5.00%, 11/01/44 (PR 11/01/24) |
8,900 | 9,091,314 | ||||||
|
Chino Basin Regional Financing Authority RB, Series B, 4.00%, 11/01/25 (Call 08/01/25) |
9,065 | 9,210,437 | ||||||
|
City of Long Beach CA Harbor Revenue RB, 4.00%, 05/15/24 |
435 | 437,476 | ||||||
|
City of Los Angeles CA, 5.00%, 06/27/24 |
15,000 | 15,228,730 | ||||||
|
City of Los Angeles CA GO, Series B, 5.00%, 09/01/23 |
5,540 | 5,540,000 | ||||||
|
City of Los Angeles CA Wastewater System Revenue RB |
||||||||
|
5.00%, 06/01/25 |
90 | 92,997 | ||||||
|
5.00%, 06/01/27 (Call 06/01/25) |
210 | 217,132 | ||||||
|
Series B, 5.00%, 06/01/25 |
180 | 186,211 | ||||||
|
Series B, 5.00%, 06/01/26 |
690 | 727,876 | ||||||
|
City of Los Angeles Department of Airports RB, Series B, 5.00%, 05/15/24 |
2,145 | 2,171,513 | ||||||
|
City of San Francisco CA Public Utilities Commission Water Revenue RB |
||||||||
|
5.00%, 11/01/23 |
590 | 591,644 | ||||||
|
5.00%, 11/01/24 |
4,915 | 5,018,964 | ||||||
|
5.00%, 11/01/25 |
5,205 | 5,414,467 | ||||||
|
5.00%, 11/01/25 (Call 05/01/25) |
1,685 | 1,735,114 | ||||||
|
5.00%, 11/01/26 |
4,655 | 4,945,517 | ||||||
|
5.00%, 11/01/28 |
2,000 | 2,217,909 | ||||||
|
Coast Community College District GO, 0.00%, 08/01/33 (Call 08/01/25)(b) |
500 | 334,982 | ||||||
|
Contra Costa Transportation Authority Sales Tax Revenue RB, 5.00%, 03/01/26 |
3,290 | 3,451,041 | ||||||
|
Corona-Norco Unified School District GO, Series A, 5.00%, 08/01/40 (PR 08/01/25) |
795 | 822,639 | ||||||
|
County of Los Angeles CA, 5.00%, 06/28/24 |
11,110 | 11,277,841 | ||||||
|
County of Riverside CA, 5.00%, 06/28/24 |
10,000 | 10,151,072 | ||||||
|
East Bay Municipal Utility District Water System Revenue RB |
||||||||
|
Series B, 5.00%, 06/01/24 |
850 | 861,676 | ||||||
|
Series B, 5.00%, 06/01/25 |
465 | 480,325 | ||||||
|
Eastern Municipal Water District RB, Series A, 3.00%, 07/01/25 |
6,455 | 6,397,718 | ||||||
|
El Camino Community College District Foundation (The) |
||||||||
|
0.00%, 08/01/27(b) |
5,700 | 4,997,653 | ||||||
|
Series C, 0.00%, 08/01/26(b) |
4,875 | 4,416,740 | ||||||
|
Foothill-De Anza Community College District, 0.00%, 08/01/27 (NPFGC)(b) |
4,000 | 3,505,779 | ||||||
|
Security |
Par (000) |
Value |
||||||
| California (continued) | ||||||||
|
Foothill-De Anza Community College District GO, 0.00%, 08/01/26 (NPFGC)(b) |
$ | 1,220 | $ | 1,104,371 | ||||
|
Fremont Unified School District/Alameda County CA GO, Series A, 4.00%, 08/01/46 (PR 08/01/24) |
10,000 | 10,088,082 | ||||||
|
Fresno Unified School District GO, 4.00%, 08/01/47 (PR 08/01/24) |
45 | 45,396 | ||||||
|
Long Beach Unified School District GO |
||||||||
|
5.00%, 08/01/25 |
32,000 | 33,118,512 | ||||||
|
5.00%, 08/01/27 (Call 08/01/26) |
40 | 42,325 | ||||||
|
Los Angeles Community College District/CA GO |
||||||||
|
4.00%, 08/01/39 (PR 08/01/24) |
3,550 | 3,581,269 | ||||||
|
5.00%, 08/01/24 |
1,685 | 1,714,926 | ||||||
|
5.00%, 08/01/25 |
10,780 | 11,189,265 | ||||||
|
Series A, 4.00%, 08/01/32 (PR 08/01/24) |
275 | 277,422 | ||||||
|
Series A, 4.00%, 08/01/33 (PR 08/01/24) |
575 | 580,065 | ||||||
|
Series A, 5.00%, 08/01/24 |
1,255 | 1,277,289 | ||||||
|
Series A, 5.00%, 08/01/25 (PR 08/01/24) |
240 | 244,241 | ||||||
|
Series A, 5.00%, 08/01/27 (PR 08/01/24) |
305 | 310,389 | ||||||
|
Series C, 5.00%, 08/01/24 |
240 | 244,263 | ||||||
|
Series J, 4.00%, 08/01/24 |
125 | 126,112 | ||||||
|
Los Angeles County Metropolitan Transportation Authority RB |
||||||||
|
5.00%, 06/01/27 (Call 06/01/26) |
65 | 68,666 | ||||||
|
Series A, 5.00%, 06/01/24 |
6,495 | 6,588,284 | ||||||
|
Series A, 5.00%, 07/01/24 |
505 | 512,846 | ||||||
|
Series A, 5.00%, 06/01/25 |
1,070 | 1,106,176 | ||||||
|
Series A, 5.00%, 07/01/25 |
815 | 843,643 | ||||||
|
Series A, 5.00%, 06/01/26 |
1,190 | 1,255,322 | ||||||
|
Series A, 5.00%, 07/01/26 |
1,275 | 1,347,474 | ||||||
|
Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue RB |
||||||||
|
5.00%, 07/01/24 |
2,250 | 2,284,957 | ||||||
|
5.00%, 07/01/25 |
3,000 | 3,105,436 | ||||||
|
5.00%, 06/01/27 |
75 | 80,868 | ||||||
|
5.00%, 07/01/27 |
90 | 97,222 | ||||||
|
5.00%, 07/01/27 (Call 07/01/26) |
10 | 10,582 | ||||||
|
5.00%, 07/01/28 |
2,405 | 2,654,220 | ||||||
|
Series A, 5.00%, 07/01/24 |
120 | 121,864 | ||||||
|
Los Angeles Department of Water & Power Power System Revenue RB |
||||||||
|
Series B, 5.00%, 07/01/24 |
2,070 | 2,101,822 | ||||||
|
Series B, 5.00%, 07/01/25 (Call 06/01/25) |
975 | 1,007,399 | ||||||
|
Los Angeles Department of Water & Power RB |
||||||||
|
4.00%, 07/01/26 (Call 06/01/26) |
2,600 | 2,672,137 | ||||||
|
5.00%, 07/01/26 (Call 06/01/26) |
4,920 | 5,191,026 | ||||||
|
5.00%, 07/01/27 |
3,600 | 3,884,808 | ||||||
|
5.00%, 07/01/27 (Call 01/01/26) |
70 | 73,189 | ||||||
|
Series A, 5.00%, 07/01/25 |
9,195 | 9,514,848 | ||||||
|
Series A, 5.00%, 07/01/26 |
200 | 211,313 | ||||||
|
Series A, 5.00%, 07/01/27 |
155 | 167,263 | ||||||
|
VRDN, VRDN, 2.54%, 07/01/35 (09/01/23)(a) |
7,900 | 7,900,000 | ||||||
|
VRDN,
VRDN, 2.70%, 07/01/57 |
15,000 | 15,000,000 | ||||||
|
Los Angeles Department of Water & Power Water System Revenue RB |
||||||||
|
4.00%, 07/01/26 |
1,235 | 1,271,291 | ||||||
|
5.00%, 07/01/24 |
25 | 25,384 | ||||||
|
5.00%, 07/01/25 |
20 | 20,696 | ||||||
|
5.00%, 07/01/27 |
140 | 151,287 | ||||||
|
5.00%, 07/01/27 (Call 01/01/26) |
55 | 57,556 | ||||||
|
5.00%, 07/01/28 |
9,710 | 10,730,087 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
83 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® Short-Term National Muni Bond ETF (Percentages shown are based on Net Assets) |
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
Series B, 4.00%, 07/01/27 |
$ | 175 | $ | 182,674 | ||||
|
Series B, 5.00%, 01/01/24 (Call 12/01/23) |
1,085 | 1,089,799 | ||||||
|
Series B, 5.00%, 07/01/26 (Call 01/01/26) |
555 | 581,584 | ||||||
|
Series C, 5.00%, 07/01/25 (Call 07/01/24) |
415 | 421,602 | ||||||
|
Los Angeles Unified School District/CA GO |
||||||||
|
5.00%, 07/01/24 |
85 | 86,335 | ||||||
|
5.00%, 07/01/26 |
565 | 597,588 | ||||||
|
5.00%, 07/01/27 |
2,355 | 2,539,538 | ||||||
|
Series A, 5.00%, 07/01/24 |
33,245 | 33,766,950 | ||||||
|
Series A, 5.00%, 07/01/25 |
5,550 | 5,743,057 | ||||||
|
Series A, 5.00%, 07/01/26 |
3,870 | 4,093,214 | ||||||
|
Series A, 5.00%, 07/01/27 |
120 | 129,403 | ||||||
|
Series B, 5.00%, 07/01/24 |
4,625 | 4,697,613 | ||||||
|
Series B, 5.00%, 07/01/27 (Call 07/01/26) |
835 | 881,374 | ||||||
|
Series B-1, 5.00%, 07/01/26 |
105 | 111,056 | ||||||
|
Series C, 5.00%, 07/01/24 |
1,420 | 1,442,295 | ||||||
|
Series C, 5.00%, 07/01/25 |
5,035 | 5,210,142 | ||||||
|
Series C, 5.00%, 07/01/25 (Call 07/01/24) |
5,100 | 5,178,212 | ||||||
|
Series C, 5.00%, 07/01/26 |
2,910 | 3,077,843 | ||||||
|
Series C, 5.00%, 07/01/26 (Call 07/01/24) |
290 | 294,198 | ||||||
|
Series D, 5.00%, 07/01/26 (Call 07/01/24) |
160 | 162,316 | ||||||
|
Los Rios Community College District GO, Series E, 3.00%, 08/01/25 |
2,275 | 2,262,998 | ||||||
|
Marin Community College District GO, Series A, 5.00%, 08/01/41 (PR 08/01/26) |
7,500 | 7,949,737 | ||||||
|
Metropolitan Water District of Southern California RB |
||||||||
|
3.00%, 07/01/27 |
150 | 150,040 | ||||||
|
5.00%, 10/01/23 |
4,290 | 4,295,710 | ||||||
|
5.00%, 10/01/24 |
1,900 | 1,938,661 | ||||||
|
5.00%, 10/01/25 |
1,430 | 1,486,518 | ||||||
|
5.00%, 10/01/27 |
1,075 | 1,168,089 | ||||||
|
Series A, 2.25%, 07/01/24 |
590 | 582,759 | ||||||
|
Series A, 2.50%, 07/01/25 |
595 | 582,721 | ||||||
|
Series A, 5.00%, 07/01/24 |
3,140 | 3,190,069 | ||||||
|
Series A, 5.00%, 07/01/25 |
2,985 | 3,089,529 | ||||||
|
Series A, 5.00%, 07/01/26 |
955 | 1,009,550 | ||||||
|
Moreno Valley Unified School District/CA GO, 5.00%, 08/01/44 (PR 08/01/25) (AGM) |
5,000 | 5,178,527 | ||||||
|
Municipal Improvement Corp. of Los Angeles RB, |
||||||||
|
Series B, 5.00%, 11/01/26 |
1,000 | 1,062,099 | ||||||
|
Oakland Unified School District/Alameda County GO, 5.00%, 08/01/40 (PR 08/01/25) |
4,000 | 4,142,822 | ||||||
|
Orange County Sanitation District RB |
||||||||
|
5.00%, 02/01/25 |
3,015 | 3,099,374 | ||||||
|
5.00%, 02/01/27 |
3,200 | 3,426,316 | ||||||
|
Orange County Water District COP, Series A, 4.00%, 02/15/25 (Call 01/15/25) |
8,125 | 8,223,912 | ||||||
|
Palomar Community College District, 5.00%, 08/01/44 (PR 08/01/25) |
25,150 | 26,095,343 | ||||||
|
Poway Unified School District GO, 0.00%, 08/01/27(b) |
5,000 | 4,386,042 | ||||||
|
Riverside Community College District, 0.00%, 08/01/35 (PR 02/01/25)(b) |
3,000 | 1,721,873 | ||||||
|
Riverside Community College District GO |
||||||||
|
0.00%, 08/01/38 (PR 02/01/25)(b) |
5,500 | 2,689,989 | ||||||
|
0.00%, 08/01/39 (PR 02/01/25)(b) |
2,420 | 1,121,574 | ||||||
|
Sacramento Municipal Utility District RB |
||||||||
|
5.00%, 07/01/24 |
875 | 887,380 | ||||||
|
5.00%, 08/15/24 |
545 | 554,901 | ||||||
|
5.00%, 08/15/25 |
1,950 | 2,024,507 | ||||||
|
5.00%, 08/15/26 |
650 | 687,896 | ||||||
| Security |
Par (000) |
Value | ||||||
| California (continued) | ||||||||
|
5.00%, 08/15/27 |
$ | 1,310 | $ | 1,417,996 | ||||
|
Series E, 5.00%, 08/15/24 |
370 | 376,722 | ||||||
|
San Diego Association of Governments RB |
||||||||
|
5.00%, 11/15/24 (Call 11/15/23) |
1,690 | 1,695,634 | ||||||
|
5.00%, 11/15/25 (Call 11/15/24) |
330 | 336,665 | ||||||
|
San Diego Community College District GO |
||||||||
|
4.00%, 08/01/32 (PR 08/01/26) |
3,645 | 3,767,765 | ||||||
|
4.00%, 08/01/41 (PR 08/01/26) |
13,000 | 13,437,846 | ||||||
|
5.00%, 08/01/41 (PR 08/01/26) |
13,000 | 13,798,221 | ||||||
|
VRDN, 4.00%, 08/01/32 (PR 08/01/26) |
3,200 | 3,307,778 | ||||||
|
San Diego County Regional Transportation Commission RB |
||||||||
|
5.00%, 04/01/28 |
525 | 574,910 | ||||||
|
Series A, 5.00%, 04/01/25 |
2,135 | 2,196,767 | ||||||
|
San Diego Public Facilities Financing Authority RB |
||||||||
|
5.00%, 05/15/24 |
380 | 385,012 | ||||||
|
5.00%, 05/15/25 |
450 | 464,740 | ||||||
|
San Diego Unified School District/CA, 5.00%, 06/28/24 |
3,500 | 3,551,718 | ||||||
|
San Diego Unified School District/CA GO, 6.00%, 07/01/33 (PR 07/01/24) |
7,000 | 7,164,529 | ||||||
|
San Francisco Bay Area Rapid Transit District GO, 5.00%, 08/01/25 |
355 | 367,943 | ||||||
|
San Francisco City & County Airport Commission San Francisco International Airport RB |
||||||||
|
Series D, 5.00%, 05/01/24 |
1,160 | 1,173,314 | ||||||
|
Series D, 5.00%, 05/01/25 |
2,320 | 2,390,014 | ||||||
|
San Francisco City & County Public Utilities Commission Wastewater Revenue RB |
||||||||
|
5.00%, 10/01/26 |
3,000 | 3,181,726 | ||||||
|
5.00%, 10/01/27 |
6,850 | 7,429,409 | ||||||
|
San Joaquin Delta Community College District GO, Series C, 5.00%, 08/01/39 (PR 08/01/24) |
6,505 | 6,614,096 | ||||||
|
San Jose Evergreen Community College District GO, Series C, 4.00%, 09/01/40 (PR 09/01/24) |
12,155 | 12,260,668 | ||||||
|
San Jose Unified School District GO, Series C, 0.00%, 08/01/27 (NPFGC)(b) |
3,000 | 2,623,284 | ||||||
|
San Mateo Foster City Public Financing Authority RB, Series B, 5.00%, 08/01/25 |
27,420 | 28,424,839 | ||||||
|
Santa Clara Valley Transportation Authority RB, Series A, 5.00%, 06/01/24 |
665 | 674,673 | ||||||
|
Santa Clara Valley Water District Safe Clean Water Revenue COP, 5.00%, 12/01/26 (Call 11/01/26) |
1,200 | 1,276,250 | ||||||
|
Santa Monica Community College District GO |
||||||||
|
0.00%, 08/01/26(b) |
500 | 450,548 | ||||||
|
Series B, 4.00%, 08/01/44 (PR 08/01/24) |
31,715 | 31,988,685 | ||||||
|
Series C, 0.00%, 08/01/25(b) |
1,930 | 1,799,773 | ||||||
|
Silicon Valley Clean Water RB, Series A, 3.00%, 03/01/24 (Call 10/02/23) |
5,135 | 5,127,122 | ||||||
|
Southern California Public Power Authority RB VRDN, 3.89%, 07/01/36 (Put 08/31/23)(a) |
25,000 | 25,000,000 | ||||||
|
Series C, 5.00%, 07/01/24 |
430 | 436,540 | ||||||
|
Southwestern Community College District GO, Series D, 5.00%, 08/01/44 (PR 08/01/25) |
1,000 | 1,037,588 | ||||||
|
State of California |
||||||||
|
4.00%, 09/01/27 |
5,580 | 5,798,135 | ||||||
|
5.00%, 09/01/24 |
7,445 | 7,590,437 | ||||||
|
State of California Department of Water Resources RB |
||||||||
|
5.00%, 12/01/23 |
505 | 507,196 | ||||||
|
5.00%, 12/01/25 |
55 | 57,274 | ||||||
|
5.00%, 12/01/26 |
80 | 85,192 | ||||||
| 84 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® Short-Term National Muni Bond ETF (Percentages shown are based on Net Assets) |
|
Security |
Par (000) |
Value |
||||||
| California (continued) | ||||||||
|
Series AR, 5.00%, 12/01/27 (PR 06/01/24) |
$ | 5,690 | $ | 5,767,742 | ||||
|
Series AS, 5.00%, 12/01/23 |
1,590 | 1,596,914 | ||||||
|
Series AS, 5.00%, 12/01/24 |
5,620 | 5,744,913 | ||||||
|
Series AS, 5.00%, 12/01/25 (Call 12/01/24) |
350 | 357,726 | ||||||
|
Series AW, 5.00%, 12/01/23 |
85 | 85,370 | ||||||
|
Series AW, 5.00%, 12/01/24 |
15 | 15,333 | ||||||
|
Series AX, 5.00%, 12/01/24 |
145 | 148,223 | ||||||
|
Series AX, 5.00%, 12/01/25 |
3,115 | 3,243,807 | ||||||
|
Series BA, 5.00%, 12/01/25 |
1,645 | 1,713,022 | ||||||
|
Series BB, 5.00%, 12/01/24 |
5,325 | 5,443,357 | ||||||
|
Series BB, 5.00%, 12/01/25 |
225 | 234,304 | ||||||
|
Series BB, 5.00%, 12/01/26 |
145 | 154,411 | ||||||
|
State of California GO |
||||||||
|
3.00%, 03/01/24 |
200 | 199,989 | ||||||
|
3.00%, 03/01/25 |
7,000 | 6,998,484 | ||||||
|
3.00%, 03/01/26 |
800 | 797,038 | ||||||
|
4.00%, 10/01/23 |
450 | 450,309 | ||||||
|
4.00%, 10/01/24 |
1,675 | 1,692,968 | ||||||
|
4.00%, 11/01/24 |
220 | 222,552 | ||||||
|
4.00%, 04/01/25 |
3,890 | 3,948,700 | ||||||
|
4.00%, 08/01/26 |
285 | 293,072 | ||||||
|
4.00%, 09/01/26 |
240 | 247,073 | ||||||
|
4.00%, 10/01/26 |
7,525 | 7,754,577 | ||||||
|
4.00%, 11/01/26 |
9,755 | 10,062,884 | ||||||
|
4.00%, 10/01/27 |
1,225 | 1,274,101 | ||||||
|
5.00%, 09/01/23 |
7,405 | 7,405,000 | ||||||
|
5.00%, 09/01/23 |
15 | 15,000 | ||||||
|
5.00%, 10/01/23 |
4,090 | 4,095,715 | ||||||
|
5.00%, 11/01/23 |
9,565 | 9,593,735 | ||||||
|
5.00%, 12/01/23 |
5,350 | 5,374,728 | ||||||
|
5.00%, 03/01/24 |
5,260 | 5,310,860 | ||||||
|
5.00%, 04/01/24 |
1,620 | 1,638,291 | ||||||
|
5.00%, 08/01/24 |
3,170 | 3,226,586 | ||||||
|
5.00%, 09/01/24 |
2,700 | 2,752,744 | ||||||
|
5.00%, 09/01/24 (Call 10/02/23) |
15 | 15,021 | ||||||
|
5.00%, 10/01/24 |
16,215 | 16,550,758 | ||||||
|
5.00%, 11/01/24 |
5,625 | 5,750,246 | ||||||
|
5.00%, 11/01/24 (Call 11/01/23) |
1,525 | 1,529,484 | ||||||
|
5.00%, 12/01/24 (Call 12/01/23) |
6,180 | 6,209,302 | ||||||
|
5.00%, 03/01/25 |
5,415 | 5,570,350 | ||||||
|
5.00%, 04/01/25 |
23,675 | 24,378,499 | ||||||
|
5.00%, 05/01/25 (Call 05/01/24) |
180 | 182,309 | ||||||
|
5.00%, 08/01/25 |
8,585 | 8,902,840 | ||||||
|
5.00%, 09/01/25 |
765 | 794,628 | ||||||
|
5.00%, 09/01/25 (Call 10/02/23) |
390 | 390,599 | ||||||
|
5.00%, 10/01/25 |
46,695 | 48,473,761 | ||||||
|
5.00%, 10/01/25 (Call 10/01/24) |
1,500 | 1,525,589 | ||||||
|
5.00%, 11/01/25 |
9,610 | 9,992,657 | ||||||
|
5.00%, 11/01/25 (Call 11/01/23) |
1,085 | 1,087,989 | ||||||
|
5.00%, 12/01/25 |
9,715 | 10,118,862 | ||||||
|
5.00%, 12/01/25 (Call 12/01/23) |
600 | 602,146 | ||||||
|
5.00%, 03/01/26 (Call 03/01/25) |
8,905 | 9,144,627 | ||||||
|
5.00%, 04/01/26 |
15,130 | 15,868,217 | ||||||
|
5.00%, 08/01/26 |
9,395 | 9,918,014 | ||||||
|
5.00%, 08/01/26 (Call 08/01/25) |
510 | 528,026 | ||||||
|
5.00%, 09/01/26 |
11,230 | 11,876,602 | ||||||
|
5.00%, 10/01/26 |
1,745 | 1,848,595 | ||||||
|
5.00%, 10/01/26 (Call 10/01/24) |
75 | 76,343 | ||||||
|
5.00%, 11/01/26 |
6,280 | 6,664,134 | ||||||
|
5.00%, 12/01/26 |
4,660 | 4,953,536 | ||||||
|
Security |
Par (000) |
Value |
||||||
| California (continued) | ||||||||
|
5.00%, 04/01/27 |
$ | 6,870 | $ | 7,361,152 | ||||
|
5.00%, 08/01/27 |
8,605 | 9,266,579 | ||||||
|
5.00%, 08/01/27 (Call 08/01/26) |
405 | 428,609 | ||||||
|
5.00%, 09/01/27 |
1,230 | 1,326,931 | ||||||
|
5.00%, 09/01/27 (Call 09/01/25) |
215 | 223,394 | ||||||
|
5.00%, 09/01/27 (Call 09/01/26) |
2,145 | 2,274,093 | ||||||
|
5.00%, 10/01/27 |
7,750 | 8,374,505 | ||||||
|
5.00%, 10/01/27 (Call 04/01/26) |
220 | 231,492 | ||||||
|
5.00%, 11/01/27 |
32,320 | 34,982,041 | ||||||
|
5.00%, 04/01/28 |
10,225 | 11,201,656 | ||||||
|
5.00%, 10/01/28 |
11,000 | 12,103,531 | ||||||
|
5.50%, 02/01/25 |
1,025 | 1,059,683 | ||||||
|
Series A, 5.00%, 10/01/23 |
240 | 240,332 | ||||||
|
Series A, 5.00%, 10/01/24 |
685 | 698,938 | ||||||
|
Series B, 5.00%, 09/01/23 |
3,545 | 3,545,000 | ||||||
|
Series B, 5.00%, 08/01/24 |
13,685 | 13,929,283 | ||||||
|
Series B, 5.00%, 09/01/24 |
5,370 | 5,474,902 | ||||||
|
Series B, 5.00%, 08/01/25 |
815 | 845,174 | ||||||
|
Series B, 5.00%, 09/01/25 |
695 | 721,925 | ||||||
|
Series B, 5.00%, 11/01/25 |
8,125 | 8,448,527 | ||||||
|
Series B, 5.00%, 08/01/26 |
355 | 374,763 | ||||||
|
Series B, 5.00%, 09/01/26 |
455 | 481,198 | ||||||
|
Series B, 5.00%, 11/01/27 |
390 | 422,122 | ||||||
|
Series C, 5.00%, 08/01/26 (Call 02/01/25) |
50 | 51,313 | ||||||
|
Series C, 5.00%, 09/01/26 (Call 09/01/25) |
285 | 295,576 | ||||||
|
Series C, 5.00%, 08/01/27 (Call 02/01/25) |
85 | 87,353 | ||||||
|
Series C, 5.00%, 08/01/27 (Call 08/01/26) |
7,505 | 7,942,494 | ||||||
|
University of California RB |
||||||||
|
4.00%, 05/15/25 |
10 | 10,150 | ||||||
|
5.00%, 05/15/24 |
1,205 | 1,221,310 | ||||||
|
5.00%, 05/15/26 (Call 05/15/25) |
375 | 386,929 | ||||||
|
5.00%, 05/15/27 |
10,795 | 11,640,110 | ||||||
|
5.00%, 05/15/28 |
5,010 | 5,509,466 | ||||||
|
5.25%, 05/15/44 (PR 05/15/24) |
10,010 | 10,155,556 | ||||||
|
Series AL-2, VRDN, 3.00%, 05/15/48 (Put 09/01/23)(a) |
5,000 | 5,000,000 | ||||||
|
Series AM, 5.00%, 05/15/44 (PR 05/15/24) |
5,200 | 5,266,763 | ||||||
|
Series AO, 5.00%, 05/15/24 |
565 | 572,647 | ||||||
|
Series AO, 5.00%, 05/15/25 |
1,500 | 1,550,644 | ||||||
|
Series AV, 5.00%, 05/15/26 |
205 | 216,152 | ||||||
|
Series AY, 5.00%, 05/15/24 |
875 | 886,843 | ||||||
|
Series AY, 5.00%, 05/15/26 |
670 | 706,449 | ||||||
|
Series I, 5.00%, 05/15/24 |
650 | 658,214 | ||||||
|
Series I, 5.00%, 05/15/25 |
445 | 458,980 | ||||||
|
Series I, 5.00%, 05/15/26 (Call 05/15/25) |
1,060 | 1,093,719 | ||||||
|
|
|
|||||||
| 1,212,103,834 | ||||||||
| Colorado — 1.4% | ||||||||
|
Adams & Arapahoe Joint School District 28J Aurora GO, 5.00%, 12/01/23 (SAW) |
7,515 | 7,539,167 | ||||||
|
Arapahoe County School District No. 6 Littleton GO, 5.00%, 12/01/23 (SAW) |
1,000 | 1,003,649 | ||||||
|
City & County of Denver Co. Airport System Revenue RB |
||||||||
|
5.00%, 11/15/23 |
8,725 | 8,753,053 | ||||||
|
5.00%, 11/15/25 |
1,055 | 1,093,782 | ||||||
|
5.00%, 11/15/27 |
3,500 | 3,758,282 | ||||||
|
Series A, 5.00%, 11/15/23 |
16,425 | 16,477,811 | ||||||
|
Series A, 5.00%, 11/15/24 |
5,440 | 5,550,041 | ||||||
|
City & County of Denver Co. GO |
||||||||
|
5.00%, 08/01/24 |
2,570 | 2,609,641 | ||||||
|
5.00%, 08/01/27 |
10 | 10,765 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
85 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® Short-Term National Muni Bond ETF (Percentages shown are based on Net Assets) |
|
Security |
Par (000) |
Value |
||||||
| Colorado (continued) | ||||||||
|
Series A, 5.00%, 08/01/26 |
$ | 1,500 | $ | 1,580,936 | ||||
|
Series B, 5.00%, 08/01/26 |
14,055 | 14,813,367 | ||||||
|
Series B, 5.00%, 08/01/27 |
7,865 | 8,466,673 | ||||||
|
City of Aurora Co. Water Revenue RB, 5.00%, 08/01/41 (PR 08/01/26) |
9,155 | 9,641,150 | ||||||
|
City of Colorado Springs Co. Utilities System Revenue RB |
||||||||
|
Series A, 5.00%, 11/15/25 |
805 | 835,112 | ||||||
|
Series B, 5.00%, 11/15/25 |
960 | 995,910 | ||||||
|
Series B, 5.00%, 11/15/26 |
500 | 528,508 | ||||||
|
Colorado State Education Loan Program, 5.00%, 06/28/24 |
25,910 | 26,237,155 | ||||||
|
Denver City & County School District No. 1 GO |
||||||||
|
5.00%, 12/01/24 (SAW) |
865 | 883,378 | ||||||
|
5.00%, 12/01/25 (SAW) |
305 | 316,940 | ||||||
|
Series B, 4.00%, 12/01/26 (SAW) |
9,360 | 9,630,398 | ||||||
|
E-470 Public Highway Authority RB, 0.00%, 09/01/26 (NPFGC)(b) |
4,540 | 4,054,224 | ||||||
|
University of Colorado RB |
||||||||
|
5.00%, 06/01/47 (PR 06/01/26) |
4,195 | 4,397,037 | ||||||
|
VRDN, 2.00%, 06/01/51Put(a) |
500 | 475,870 | ||||||
|
Series C, VRDN, 2.00%, 06/01/54(a) |
2,500 | 2,440,285 | ||||||
|
|
|
|||||||
| 132,093,134 | ||||||||
| Connecticut — 2.7% | ||||||||
|
Connecticut State Health & Educational Facilities Authority RB |
||||||||
|
2.80%, 07/01/57 |
4,000 | 3,904,391 | ||||||
|
VRDN, 3.75%, 07/01/42 (Put 08/31/23)(a) |
15,000 | 15,000,000 | ||||||
|
Series 2010-A, VRDN, 0.25%, 07/01/49(a) |
4,000 | 3,934,710 | ||||||
|
Series 2015-A, VRDN, 0.38%, 07/01/35(a) |
3,265 | 3,150,495 | ||||||
|
Series N, 5.00%, 11/01/29 (PR 11/01/23) |
5,060 | 5,072,740 | ||||||
|
Hartford County Metropolitan District Clean Water Project Revenue RB, Series A, 5.00%, 11/01/34 (PR 11/01/24) |
1,000 | 1,019,209 | ||||||
|
State of Connecticut, 5.00%, 04/15/28 |
2,700 | 2,929,830 | ||||||
|
State of Connecticut Clean Water Fund - State Revolving Fund RB |
||||||||
|
5.00%, 06/01/24 |
25 | 25,314 | ||||||
|
5.00%, 03/01/25 |
10 | 10,257 | ||||||
|
Series A, 5.00%, 05/01/25 |
295 | 303,469 | ||||||
|
Series B, 5.00%, 06/01/26 |
275 | 288,983 | ||||||
|
State of Connecticut GO |
||||||||
|
4.00%, 01/15/25 |
12,335 | 12,457,833 | ||||||
|
4.00%, 06/01/27 |
1,020 | 1,051,011 | ||||||
|
5.00%, 02/15/25 |
7,670 | 7,854,752 | ||||||
|
5.00%, 09/01/25 (Call 09/01/24) |
19,395 | 19,707,576 | ||||||
|
5.00%, 09/15/25 |
2,140 | 2,212,341 | ||||||
|
5.00%, 11/15/25 |
30 | 31,109 | ||||||
|
5.00%, 02/15/26 |
3,000 | 3,125,125 | ||||||
|
5.00%, 04/15/26 |
45 | 47,027 | ||||||
|
5.00%, 06/15/26 |
1,055 | 1,106,104 | ||||||
|
5.00%, 04/15/27 |
180 | 191,628 | ||||||
|
5.00%, 06/15/27 |
700 | 747,648 | ||||||
|
5.00%, 07/15/27 |
300 | 320,948 | ||||||
|
5.00%, 06/15/28 (Call 06/15/25) |
1,300 | 1,337,107 | ||||||
|
Series 2021 A, 4.00%, 01/15/27 |
4,575 | 4,694,764 | ||||||
|
Series A, 4.00%, 01/15/26 |
4,100 | 4,164,144 | ||||||
|
Series A, 4.00%, 01/15/27 |
4,595 | 4,715,287 | ||||||
|
Series A, 5.00%, 10/15/23 |
2,660 | 2,664,615 | ||||||
|
Series A, 5.00%, 03/15/24 |
405 | 408,650 | ||||||
|
Security |
Par (000) |
Value |
||||||
| Connecticut (continued) | ||||||||
|
Series A, 5.00%, 04/15/24 |
$ | 1,040 | $ | 1,050,822 | ||||
|
Series A, 5.00%, 10/15/24 (Call 10/15/23) |
5,070 | 5,078,797 | ||||||
|
Series A, 5.00%, 01/15/25 |
5,965 | 6,103,152 | ||||||
|
Series A, 5.00%, 04/15/25 |
5,175 | 5,319,475 | ||||||
|
Series A, 5.00%, 10/15/25 (Call 10/15/23) |
9,125 | 9,140,833 | ||||||
|
Series A, 5.00%, 01/15/26 |
1,270 | 1,320,826 | ||||||
|
Series B, 3.00%, 06/01/25 |
1,535 | 1,527,474 | ||||||
|
Series B, 4.00%, 06/01/27 |
8,665 | 8,928,445 | ||||||
|
Series B, 5.00%, 01/15/24 |
4,210 | 4,234,687 | ||||||
|
Series B, 5.00%, 04/15/24 |
15 | 15,156 | ||||||
|
Series B, 5.00%, 05/15/24 |
3,175 | 3,212,493 | ||||||
|
Series B, 5.00%, 04/15/25 |
585 | 601,332 | ||||||
|
Series B, 5.00%, 05/15/25 |
2,630 | 2,707,346 | ||||||
|
Series B, 5.00%, 05/15/27 (Call 05/15/26) |
80 | 83,747 | ||||||
|
Series C, 4.00%, 06/15/24 |
50 | 50,281 | ||||||
|
Series C, 5.00%, 07/15/24 |
1,070 | 1,085,682 | ||||||
|
Series D, 5.00%, 09/15/23 |
12,490 | 12,495,739 | ||||||
|
Series D, 5.00%, 04/15/24 |
1,380 | 1,394,360 | ||||||
|
Series D, 5.00%, 07/15/24 |
5,560 | 5,641,487 | ||||||
|
Series D, 5.00%, 09/15/24 |
1,000 | 1,017,566 | ||||||
|
Series D, 5.00%, 09/15/26 |
750 | 790,256 | ||||||
|
Series D, 5.00%, 09/15/27 |
1,365 | 1,465,114 | ||||||
|
Series E, 5.00%, 09/15/23 |
455 | 455,209 | ||||||
|
Series E, 5.00%, 10/15/23 |
3,435 | 3,441,351 | ||||||
|
Series E, 5.00%, 09/15/24 |
1,700 | 1,729,863 | ||||||
|
Series E, 5.00%, 10/15/24 |
185 | 188,516 | ||||||
|
Series E, 5.00%, 10/15/26 |
1,525 | 1,609,378 | ||||||
|
Series F, 5.00%, 09/15/24 |
4,045 | 4,116,056 | ||||||
|
Series F, 5.00%, 11/15/25 |
565 | 585,891 | ||||||
|
Series F, 5.00%, 11/15/27 (Call 11/15/25) |
8,825 | 9,150,091 | ||||||
|
State of Connecticut Special Tax Revenue RB |
||||||||
|
5.00%, 10/01/24 |
370 | 376,390 | ||||||
|
5.00%, 05/01/25 |
210 | 215,687 | ||||||
|
5.00%, 01/01/26 |
1,750 | 1,818,677 | ||||||
|
5.00%, 09/01/26 |
50 | 52,644 | ||||||
|
5.00%, 10/01/26 |
140 | 147,637 | ||||||
|
5.00%, 05/01/27 |
55 | 58,603 | ||||||
|
5.00%, 07/01/27 |
1,775 | 1,897,467 | ||||||
|
5.00%, 08/01/27 (Call 08/01/25) |
20 | 20,630 | ||||||
|
Series A, 4.00%, 05/01/24 |
1,475 | 1,481,017 | ||||||
|
Series A, 5.00%, 09/01/23 |
1,090 | 1,090,000 | ||||||
|
Series A, 5.00%, 10/01/23 |
4,335 | 4,339,875 | ||||||
|
Series A, 5.00%, 01/01/24 |
675 | 678,455 | ||||||
|
Series A, 5.00%, 05/01/24 |
3,465 | 3,501,386 | ||||||
|
Series A, 5.00%, 08/01/24 |
1,355 | 1,374,686 | ||||||
|
Series A, 5.00%, 09/01/24 |
2,605 | 2,646,451 | ||||||
|
Series A, 5.00%, 10/01/24 (Call 10/02/23) |
595 | 595,679 | ||||||
|
Series A, 5.00%, 01/01/25 |
895 | 914,175 | ||||||
|
Series A, 5.00%, 05/01/25 |
2,350 | 2,413,635 | ||||||
|
Series A, 5.00%, 08/01/25 |
200 | 206,278 | ||||||
|
Series A, 5.00%, 09/01/25 |
2,945 | 3,042,370 | ||||||
|
Series A, 5.00%, 09/01/25 (Call 09/01/24) |
1,520 | 1,543,013 | ||||||
|
Series A, 5.00%, 10/01/25 (Call 10/02/23) |
25 | 25,026 | ||||||
|
Series A, 5.00%, 01/01/26 |
260 | 270,203 | ||||||
|
Series A, 5.00%, 05/01/26 |
2,405 | 2,515,445 | ||||||
|
Series A, 5.00%, 08/01/26 (Call 08/01/25) |
710 | 732,199 | ||||||
|
Series A, 5.00%, 01/01/27 |
2,085 | 2,207,289 | ||||||
|
Series A, 5.00%, 05/01/27 |
270 | 287,687 | ||||||
|
Series A, 5.00%, 09/01/27 (Call 09/01/26) |
240 | 252,753 | ||||||
|
Series B, 5.00%, 10/01/23 |
525 | 525,590 | ||||||
| 86 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® Short-Term National Muni Bond ETF (Percentages shown are based on Net Assets) |
|
Security |
Par (000) |
Value |
||||||
| Connecticut (continued) | ||||||||
|
Series B, 5.00%, 10/01/25 |
$ | 490 | $ | 506,969 | ||||
|
Series C, 5.00%, 10/01/24 |
615 | 625,622 | ||||||
|
Series C, 5.00%, 10/01/26 |
10,100 | 10,650,934 | ||||||
|
Series D, 5.00%, 11/01/24 |
500 | 509,319 | ||||||
|
Series D, 5.00%, 11/01/26 |
1,385 | 1,462,863 | ||||||
|
University of Connecticut RB |
||||||||
|
5.00%, 05/01/26 |
1,075 | 1,123,529 | ||||||
|
Series A, 5.00%, 02/15/25 |
1,035 | 1,059,342 | ||||||
|
|
|
|||||||
| 248,188,017 | ||||||||
| Delaware — 1.2% | ||||||||
|
County of New Castle DE GO |
||||||||
|
5.00%, 10/01/23 |
1,600 | 1,601,941 | ||||||
|
5.00%, 10/01/27 (PR 10/01/25) |
10,235 | 10,616,532 | ||||||
|
5.00%, 10/01/33 (PR 10/01/25) |
5,000 | 5,186,386 | ||||||
|
5.00%, 10/01/35 (PR 10/01/25) |
3,000 | 3,111,832 | ||||||
|
Delaware Transportation Authority, 5.00%, 09/01/28 |
4,545 | 4,960,774 | ||||||
|
Delaware Transportation Authority RB |
||||||||
|
5.00%, 09/01/23 |
3,060 | 3,060,000 | ||||||
|
5.00%, 07/01/24 |
1,442 | 1,462,167 | ||||||
|
5.00%, 09/01/24 |
585 | 594,309 | ||||||
|
5.00%, 07/01/25 |
510 | 525,908 | ||||||
|
5.00%, 07/01/26 |
2,445 | 2,569,726 | ||||||
|
5.00%, 09/01/26 |
120 | 126,277 | ||||||
|
State of Delaware GO |
||||||||
|
5.00%, 02/01/24 |
20 | 20,138 | ||||||
|
5.00%, 01/01/25 |
2,645 | 2,705,120 | ||||||
|
5.00%, 03/01/25 |
13,395 | 13,720,245 | ||||||
|
5.00%, 02/01/26 |
5,015 | 5,241,455 | ||||||
|
5.00%, 03/01/26 |
40 | 41,870 | ||||||
|
5.00%, 01/01/27 |
5,510 | 5,865,438 | ||||||
|
5.00%, 02/01/27 |
5,785 | 6,168,918 | ||||||
|
5.00%, 05/01/28 |
17,295 | 18,876,951 | ||||||
|
5.00%, 07/01/28 (PR 07/01/24) |
1,000 | 1,013,985 | ||||||
|
Series A, 5.00%, 02/01/25 |
4,320 | 4,418,688 | ||||||
|
Series A, 5.00%, 01/01/26 |
9,315 | 9,708,162 | ||||||
|
Series A, 5.00%, 01/01/27 |
1,625 | 1,729,825 | ||||||
|
Series A, 5.00%, 02/01/27 |
3,025 | 3,225,752 | ||||||
|
Series D, 5.00%, 07/01/27 (Call 07/01/26) |
1,200 | 1,260,769 | ||||||
|
|
|
|||||||
| 107,813,168 | ||||||||
| District of Columbia — 2.0% | ||||||||
|
District of Columbia GO |
||||||||
|
4.00%, 02/01/27 |
90 | 92,900 | ||||||
|
5.00%, 02/01/25 |
80 | 81,938 | ||||||
|
5.00%, 06/01/25 |
65 | 66,875 | ||||||
|
5.00%, 06/01/26 |
45 | 47,240 | ||||||
|
5.00%, 06/01/27 |
3,715 | 3,979,730 | ||||||
|
5.00%, 01/01/28 |
2,350 | 2,544,099 | ||||||
|
5.00%, 06/01/28 |
6,750 | 7,367,080 | ||||||
|
Series A, 5.00%, 06/01/24 |
5 | 5,063 | ||||||
|
Series A, 5.00%, 10/15/24 |
45 | 45,855 | ||||||
|
Series A, 5.00%, 06/01/25 |
2,085 | 2,145,134 | ||||||
|
Series A, 5.00%, 10/15/25 |
9,040 | 9,372,875 | ||||||
|
Series A, 5.00%, 06/01/26 (Call 06/01/25) |
945 | 970,036 | ||||||
|
Series A, 5.00%, 10/15/27 |
2,980 | 3,216,616 | ||||||
|
Series B, 5.00%, 06/01/24 |
990 | 1,002,436 | ||||||
|
Series B, 5.00%, 06/01/25 |
205 | 210,912 | ||||||
|
Series B, 5.00%, 06/01/26 |
300 | 314,932 | ||||||
|
Series B, 5.00%, 06/01/26 (Call 06/01/25) |
1,180 | 1,211,262 | ||||||
|
Series D, 4.00%, 02/01/26 |
4,270 | 4,346,601 | ||||||
|
Security |
Par (000) |
Value |
||||||
| District of Columbia (continued) | ||||||||
|
Series D, 5.00%, 06/01/26 |
$ | 20 | $ | 20,995 | ||||
|
Series E, 5.00%, 02/01/24 |
9,400 | 9,464,787 | ||||||
|
Series E, 5.00%, 02/01/26 |
75 | 78,209 | ||||||
|
Series E, 5.00%, 02/01/27 |
7,885 | 8,389,843 | ||||||
|
District of Columbia RB |
||||||||
|
5.00%, 03/01/24 |
4,005 | 4,037,302 | ||||||
|
5.00%, 05/01/24 |
125 | 126,345 | ||||||
|
5.00%, 12/01/25 |
1,000 | 1,035,857 | ||||||
|
5.00%, 12/01/26 |
2,880 | 3,035,867 | ||||||
|
5.00%, 12/01/27 |
10,430 | 11,286,177 | ||||||
|
5.00%, 10/01/28 |
1,850 | 2,031,927 | ||||||
|
Series A, 5.00%, 12/01/23 |
400 | 401,546 | ||||||
|
Series A, 5.00%, 03/01/24 |
2,400 | 2,419,357 | ||||||
|
Series A, 5.00%, 12/01/24 |
100 | 102,051 | ||||||
|
Series A, 5.00%, 03/01/25 |
630 | 645,666 | ||||||
|
Series A, 5.00%, 03/01/26 |
150 | 156,681 | ||||||
|
Series A, 5.00%, 03/01/27 |
2,395 | 2,552,703 | ||||||
|
Series B, 5.00%, 10/01/23 |
2,120 | 2,122,353 | ||||||
|
Series B, 5.00%, 10/01/24 |
14,480 | 14,736,215 | ||||||
|
Series B, 5.00%, 10/01/25 |
195 | 202,031 | ||||||
|
Series B, 5.00%, 10/01/26 |
17,295 | 18,280,018 | ||||||
|
Series C, 5.00%, 10/01/23 |
450 | 450,499 | ||||||
|
Series C, 5.00%, 10/01/24 |
12,105 | 12,319,191 | ||||||
|
Series C, 5.00%, 10/01/25 |
4,985 | 5,164,732 | ||||||
|
Series C, 5.00%, 05/01/26 |
910 | 953,684 | ||||||
|
Series C, 5.00%, 10/01/26 |
8,010 | 8,466,201 | ||||||
|
Series C, 5.00%, 10/01/27 |
1,005 | 1,083,979 | ||||||
|
District of Columbia Water & Sewer Authority RB |
||||||||
|
5.00%, 10/01/27 (Call 10/01/24) |
135 | 137,198 | ||||||
|
Series A, 5.00%, 10/01/24 |
50 | 50,890 | ||||||
|
Series A, 5.00%, 10/01/44 (PR 10/01/23) |
10,055 | 10,067,049 | ||||||
|
Series A, 5.00%, 10/01/48 (PR 10/01/23) |
13,650 | 13,666,357 | ||||||
|
Series B, 5.00%, 10/01/25 |
195 | 201,991 | ||||||
|
Series C, 5.00%, 10/01/25 (Call 10/01/24) |
720 | 732,028 | ||||||
|
Washington Metropolitan Area Transit Authority Dedicated Revenue RB, 5.00%, 07/15/27 |
1,000 | 1,070,958 | ||||||
|
Washington Metropolitan Area Transit Authority RB |
||||||||
|
Series A, 5.00%, 07/15/25 |
6,850 | 7,065,980 | ||||||
|
Series A, 5.00%, 07/15/26 |
500 | 525,648 | ||||||
|
Series A, 5.00%, 07/15/27 |
5,735 | 6,141,941 | ||||||
|
|
|
|||||||
| 186,245,840 | ||||||||
| Florida — 1.4% | ||||||||
|
Central Florida Expressway Authority RB |
||||||||
|
5.00%, 07/01/26 (AGM) |
5,060 | 5,298,571 | ||||||
|
Series B, 5.00%, 07/01/26 |
1,320 | 1,380,420 | ||||||
|
County of Miami-Dade FL Aviation Revenue RB, Series B, 5.00%, 10/01/26 (Call 10/01/25) |
5,105 | 5,259,404 | ||||||
|
County of Miami-Dade FL Water & Sewer System Revenue RB |
||||||||
|
5.00%, 10/01/23 |
1,965 | 1,967,065 | ||||||
|
5.00%, 10/01/24 |
2,200 | 2,236,832 | ||||||
|
County of Orange FL Sales Tax Revenue RB, 5.00%, 01/01/24 |
30 | 30,157 | ||||||
|
County of Orange FL Water Utility System Revenue RB, 5.00%, 10/01/27 |
125 | 134,724 | ||||||
|
Florida Department of Environmental Protection RB, 5.00%, 07/01/26 (Call 07/01/25) |
115 | 118,025 | ||||||
|
Orlando Utilities Commission RB |
||||||||
|
Series A, 5.00%, 10/01/23 |
735 | 735,837 | ||||||
|
Series A, 5.00%, 10/01/26 |
10,335 | 10,908,070 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
87 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® Short-Term National Muni Bond ETF (Percentages shown are based on Net Assets) |
|
Security |
Par (000) |
Value |
||||||
| Florida (continued) | ||||||||
|
School Board of Miami-Dade County (The), 5.00%, 05/01/27 (Call 05/01/25) (AGM) |
$ | 1,330 | $ | 1,361,116 | ||||
|
School Board of Miami-Dade County (The) COP |
||||||||
|
5.00%, 11/01/27 (Call 11/01/24) |
3,300 | 3,347,985 | ||||||
|
Series B, 5.00%, 05/01/26 (Call 05/01/25) |
2,240 | 2,279,625 | ||||||
|
School District of Broward County/FL COP |
||||||||
|
5.00%, 07/01/25 |
915 | 939,124 | ||||||
|
Series A, 5.00%, 07/01/27 |
700 | 746,994 | ||||||
|
State of Florida Department of Transportation Turnpike System Revenue RB |
||||||||
|
5.00%, 07/01/25 |
825 | 849,993 | ||||||
|
Series C, 5.00%, 07/01/25 |
5,425 | 5,589,350 | ||||||
|
Series C, 5.00%, 07/01/26 |
5,630 | 5,906,311 | ||||||
|
State of Florida GO |
||||||||
|
5.00%, 07/01/24 |
630 | 638,862 | ||||||
|
5.00%, 06/01/25 |
4,740 | 4,883,198 | ||||||
|
5.00%, 06/01/26 |
175 | 183,851 | ||||||
|
5.00%, 06/01/27 |
5,000 | 5,359,963 | ||||||
|
5.00%, 06/01/27 (Call 06/01/26) |
380 | 397,283 | ||||||
|
5.00%, 07/01/27 |
6,045 | 6,493,706 | ||||||
|
Series A, 5.00%, 07/01/24 |
810 | 821,394 | ||||||
|
Series A, 5.00%, 06/01/26 (GTD) |
3,730 | 3,918,658 | ||||||
|
Series A, 5.00%, 07/01/26 |
3,185 | 3,351,885 | ||||||
|
Series A, 5.00%, 06/01/27 |
10,505 | 11,261,281 | ||||||
|
Series B, 5.00%, 06/01/24 |
690 | 698,465 | ||||||
|
Series B, 5.00%, 06/01/25 |
10,000 | 10,302,105 | ||||||
|
Series B, 5.00%, 06/01/26 |
540 | 567,312 | ||||||
|
Series C, 5.00%, 06/01/24 |
3,770 | 3,816,252 | ||||||
|
Series C, 5.00%, 06/01/25 |
2,845 | 2,930,949 | ||||||
|
Series C, 5.00%, 06/01/26 |
15,350 | 16,126,382 | ||||||
|
Series F, 5.00%, 06/01/26 (Call 06/01/25) |
4,035 | 4,154,997 | ||||||
|
Series G, 5.00%, 06/01/25 |
1,000 | 1,030,211 | ||||||
|
State of Florida Lottery Revenue RB, Series A, 5.00%, 07/01/24 |
2,005 | 2,031,080 | ||||||
|
|
|
|||||||
| 128,057,437 | ||||||||
| Georgia — 2.7% | ||||||||
|
Cherokee County Board of Education GO, 5.00%, 08/01/25 (Call 08/01/24) (SAW) |
3,245 | 3,288,335 | ||||||
|
City of Atlanta GA, 5.00%, 12/01/27 |
990 | 1,070,446 | ||||||
|
City of Atlanta GA Airport Passenger Facility Charge RB |
||||||||
|
5.00%, 01/01/28 (Call 01/01/24) |
4,000 | 4,017,177 | ||||||
|
Series A, 5.00%, 01/01/25 (Call 01/01/24) |
2,260 | 2,271,552 | ||||||
|
City of Atlanta GA Department of Aviation RB, Series A, 5.00%, 07/01/25 |
2,205 | 2,269,433 | ||||||
|
City of Atlanta GA GO, 5.00%, 12/01/23 |
1,000 | 1,004,011 | ||||||
|
City of Atlanta GA GOL |
||||||||
|
5.00%, 12/01/27 (PR 12/01/24) |
4,750 | 4,839,306 | ||||||
|
5.00%, 12/01/32 (PR 12/01/24) |
5,000 | 5,094,006 | ||||||
|
City of Atlanta GA Water & Wastewater Revenue RB |
||||||||
|
5.00%, 11/01/23 |
60 | 60,150 | ||||||
|
5.75%, 11/01/26 (AGM) |
2,305 | 2,486,866 | ||||||
|
Series B, 5.00%, 11/01/25 |
1,000 | 1,036,005 | ||||||
|
Columbia County School District GO, 5.00%, 10/01/26 (SAW) |
60 | 63,327 | ||||||
|
County of Forsyth GA GO, 5.00%, 09/01/25 |
10,110 | 10,462,036 | ||||||
|
Forsyth County Water & Sewerage Authority RB, 5.00%, 04/01/41 (PR 04/01/25) |
7,750 | 7,958,584 | ||||||
|
Georgia Ports Authority RB |
||||||||
|
5.00%, 07/01/25 |
2,550 | 2,629,080 | ||||||
|
Security |
Par (000) |
Value |
||||||
| Georgia (continued) | ||||||||
|
5.00%, 07/01/26 |
$ | 2,235 | $ | 2,347,160 | ||||
|
5.00%, 07/01/27 |
2,095 | 2,243,453 | ||||||
|
Georgia State Road & Tollway Authority RB |
||||||||
|
5.00%, 06/01/24 |
2,210 | 2,236,789 | ||||||
|
5.00%, 06/01/25 |
4,900 | 5,042,716 | ||||||
|
Gwinnett County School District GO |
||||||||
|
5.00%, 02/01/25 |
4,050 | 4,146,448 | ||||||
|
5.00%, 08/01/25 |
260 | 268,503 | ||||||
|
5.00%, 02/01/26 (Call 02/01/25) |
2,505 | 2,564,055 | ||||||
|
5.00%, 02/01/27 (Call 02/01/25) |
1,000 | 1,023,310 | ||||||
|
5.00%, 08/01/27 |
435 | 468,611 | ||||||
|
Series B, 5.00%, 08/01/26 |
7,125 | 7,513,508 | ||||||
|
Gwinnett County Water & Sewerage Authority RB |
||||||||
|
4.00%, 08/01/24 |
13,405 | 13,493,177 | ||||||
|
4.00%, 08/01/25 |
1,035 | 1,049,487 | ||||||
|
5.00%, 08/01/27 |
3,165 | 3,402,276 | ||||||
|
Henry County School District GO, 5.00%, 08/01/26 (SAW) |
125 | 131,495 | ||||||
|
Metropolitan Atlanta Rapid Transit Authority RB |
||||||||
|
Series A, 4.00%, 07/01/25 |
1,885 | 1,910,376 | ||||||
|
Series A, 5.25%, 07/01/27 (NPFGC) |
1,470 | 1,584,579 | ||||||
|
Municipal Electric Authority of Georgia RB, Series A, |
||||||||
|
5.00%, 01/01/26 (Call 01/01/25) |
250 | 253,884 | ||||||
|
Private Colleges & Universities Authority RB |
||||||||
|
5.00%, 04/01/44 (PR 04/01/24) |
18,555 | 18,735,993 | ||||||
|
Series B, 5.00%, 09/01/25 |
15,250 | 15,781,014 | ||||||
|
State of Georgia GO |
||||||||
|
4.00%, 07/01/25 |
45 | 45,638 | ||||||
|
5.00%, 07/01/26 |
5 | 5,262 | ||||||
|
5.00%, 07/01/27 |
38,400 | 41,235,948 | ||||||
|
Series A, 5.00%, 07/01/25 |
4,885 | 5,039,997 | ||||||
|
Series A, 5.00%, 07/01/26 |
3,160 | 3,325,575 | ||||||
|
Series A, 5.00%, 08/01/26 |
11,260 | 11,870,767 | ||||||
|
Series A1, 5.00%, 02/01/25 |
105 | 107,544 | ||||||
|
Series A-1, 5.00%, 08/01/24 |
1,810 | 1,837,593 | ||||||
|
Series A-1, 5.00%, 02/01/25 |
235 | 240,694 | ||||||
|
Series A-1, 5.00%, 02/01/26 |
505 | 526,967 | ||||||
|
Series A-1, 5.00%, 02/01/27 |
14,895 | 15,858,607 | ||||||
|
Series A-2, 5.00%, 02/01/25 (Call 02/01/24) |
325 | 327,295 | ||||||
|
Series C1, 4.00%, 07/01/25 |
3,120 | 3,164,215 | ||||||
|
Series C-1, 5.00%, 07/01/24 |
1,945 | 1,972,202 | ||||||
|
Series E, 5.00%, 12/01/23 |
785 | 788,186 | ||||||
|
Series E, 5.00%, 12/01/24 |
25 | 25,531 | ||||||
|
Series E, 5.00%, 12/01/25 |
16,240 | 16,890,068 | ||||||
|
Series E, 5.00%, 12/01/26 |
5,405 | 5,736,868 | ||||||
|
Series F, 5.00%, 01/01/24 |
340 | 341,872 | ||||||
|
Series F, 5.00%, 01/01/26 |
675 | 703,182 | ||||||
|
Series F, 5.00%, 01/01/28 (Call 01/01/27) |
3,805 | 4,045,060 | ||||||
|
|
|
|||||||
| 246,836,219 | ||||||||
| Hawaii — 0.8% | ||||||||
|
City & County Honolulu HI Wastewater System Revenue RB |
||||||||
|
4.00%, 07/01/26 |
1,070 | 1,094,725 | ||||||
|
4.00%, 07/01/27 (Call 07/01/25) |
5,335 | 5,391,956 | ||||||
|
Series A, 5.00%, 07/01/24 |
305 | 309,141 | ||||||
|
City & County of Honolulu HI GO |
||||||||
|
5.00%, 03/01/26 |
450 | 469,166 | ||||||
|
5.00%, 07/01/26 |
1,870 | 1,962,293 | ||||||
|
Series B, 5.00%, 03/01/25 |
5,025 | 5,147,013 | ||||||
|
Series C, 4.00%, 07/01/26 |
850 | 868,256 | ||||||
| 88 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® Short-Term National Muni Bond ETF (Percentages shown are based on Net Assets) |
|
Security |
Par (000) |
Value |
||||||
| Hawaii (continued) | ||||||||
|
Series C, 5.00%, 10/01/23 |
$ | 435 | $ | 435,473 | ||||
|
County of Maui HI GO, 5.00%, 09/01/26 |
1,300 | 1,366,860 | ||||||
|
Honolulu City & County Board of Water Supply RB, 4.00%, 07/01/34 (PR 07/01/24) |
2,300 | 2,312,745 | ||||||
|
State of Hawaii GO |
||||||||
|
4.00%, 05/01/24 |
75 | 75,306 | ||||||
|
5.00%, 01/01/24 |
1,250 | 1,256,480 | ||||||
|
5.00%, 08/01/26 (PR 08/01/24) |
10,000 | 10,154,244 | ||||||
|
Series EO, 5.00%, 08/01/24 |
155 | 157,252 | ||||||
|
Series EO, 5.00%, 08/01/25 (Call 08/01/24) |
2,550 | 2,588,620 | ||||||
|
Series EP, 5.00%, 08/01/24 |
800 | 811,622 | ||||||
|
Series EY, 5.00%, 10/01/23 |
4,080 | 4,084,648 | ||||||
|
Series EY, 5.00%, 10/01/24 |
6,120 | 6,225,697 | ||||||
|
Series EY, 5.00%, 10/01/26 (Call 10/01/25) |
715 | 738,852 | ||||||
|
Series EZ, 5.00%, 10/01/25 |
3,605 | 3,732,776 | ||||||
|
Series FE, 5.00%, 10/01/24 |
150 | 152,591 | ||||||
|
Series FE, 5.00%, 10/01/27 (Call 10/01/26) |
4,695 | 4,953,316 | ||||||
|
Series FH, 5.00%, 10/01/23 |
640 | 640,729 | ||||||
|
Series FH, 5.00%, 10/01/24 |
1,330 | 1,352,970 | ||||||
|
Series FH, 5.00%, 10/01/25 |
50 | 51,772 | ||||||
|
Series FK, 5.00%, 05/01/25 |
200 | 205,416 | ||||||
|
Series FN, 5.00%, 10/01/25 |
10 | 10,354 | ||||||
|
Series FT, 5.00%, 01/01/24 |
6,045 | 6,076,335 | ||||||
|
Series FT, 5.00%, 01/01/25 |
585 | 597,534 | ||||||
|
Series FT, 5.00%, 01/01/26 |
5,475 | 5,689,861 | ||||||
|
Series FT, 5.00%, 01/01/27 |
2,145 | 2,272,896 | ||||||
|
Series Fw, 5.00%, 01/01/27 |
1,175 | 1,245,059 | ||||||
|
State of Hawaii State Highway Fund RB, Series B, 5.00%, 01/01/25 |
450 | 459,641 | ||||||
|
|
|
|||||||
| 72,891,599 | ||||||||
| Illinois — 3.0% | ||||||||
|
Chicago O’Hare International Airport RB |
||||||||
|
5.00%, 01/01/26 |
3,510 | 3,643,756 | ||||||
|
Series B, 5.00%, 01/01/24 |
1,770 | 1,777,917 | ||||||
|
Series B, 5.00%, 01/01/26 (Call 01/01/25) |
900 | 914,564 | ||||||
|
Series D, 5.00%, 01/01/24 |
355 | 356,588 | ||||||
|
Series E, 5.00%, 01/01/26 |
510 | 529,435 | ||||||
|
Illinois Finance Authority RB |
||||||||
|
4.00%, 07/01/25 |
3,110 | 3,146,361 | ||||||
|
5.00%, 01/01/24 |
505 | 507,487 | ||||||
|
5.00%, 07/01/24 |
965 | 978,024 | ||||||
|
5.00%, 01/01/25 |
275 | 281,035 | ||||||
|
5.00%, 01/01/26 |
2,065 | 2,148,390 | ||||||
|
5.00%, 07/01/27 (Call 01/01/27) |
220 | 232,518 | ||||||
|
5.00%, 07/01/28 |
500 | 544,020 | ||||||
|
Illinois State Toll Highway Authority RB |
||||||||
|
5.00%, 01/01/24 |
50 | 50,251 | ||||||
|
5.00%, 01/01/25 |
5,595 | 5,714,872 | ||||||
|
5.00%, 01/01/26 (Call 01/01/24) |
15 | 15,053 | ||||||
|
5.00%, 01/01/27 |
3,490 | 3,686,783 | ||||||
|
Series A, 5.00%, 01/01/25 |
1,585 | 1,618,958 | ||||||
|
Series B, 5.00%, 01/01/25 |
3,050 | 3,115,346 | ||||||
|
Series B, 5.00%, 01/01/26 |
1,600 | 1,661,335 | ||||||
|
Series B, 5.00%, 01/01/27 |
155 | 163,740 | ||||||
|
Series B, 5.00%, 01/01/27 (Call 07/01/26) |
10 | 10,445 | ||||||
|
Series D, 5.00%, 01/01/24 |
6,105 | 6,135,660 | ||||||
|
Metropolitan Water Reclamation District of Greater Chicago GO |
||||||||
|
Series A, 5.00%, 12/01/25 |
480 | 496,476 | ||||||
|
Series A, 5.00%, 12/01/44 (PR 12/01/24) |
27,205 | 27,733,098 | ||||||
|
Security |
Par (000) |
Value |
||||||
| Illinois (continued) | ||||||||
|
Sales Tax Securitization Corp. RB |
||||||||
|
Series A, 5.00%, 01/01/25 |
$ | 515 | $ | 524,159 | ||||
|
Series A, 5.00%, 01/01/27 |
2,405 | 2,513,555 | ||||||
|
State of Illinois GO |
||||||||
|
5.00%, 02/01/24 |
8,400 | 8,440,266 | ||||||
|
5.00%, 05/01/24 |
3,000 | 3,023,679 | ||||||
|
5.00%, 02/01/25 |
2,055 | 2,090,008 | ||||||
|
5.00%, 02/01/26 |
6,000 | 6,176,744 | ||||||
|
5.00%, 02/01/27 |
570 | 594,213 | ||||||
|
5.00%, 10/01/27 |
1,600 | 1,682,029 | ||||||
|
5.00%, 02/01/28 (Call 02/01/27) |
14,800 | 15,418,430 | ||||||
|
5.00%, 05/01/28 |
3,000 | 3,176,614 | ||||||
|
5.50%, 05/01/24 |
2,745 | 2,775,458 | ||||||
|
5.50%, 05/01/25 |
2,850 | 2,929,836 | ||||||
|
6.00%, 05/01/25 |
4,000 | 4,143,852 | ||||||
|
Series A, 5.00%, 10/01/23 |
9,550 | 9,557,540 | ||||||
|
Series A, 5.00%, 12/01/23 |
1,400 | 1,403,806 | ||||||
|
Series A, 5.00%, 03/01/24 |
2,185 | 2,197,858 | ||||||
|
Series A, 5.00%, 11/01/24 |
6,045 | 6,129,518 | ||||||
|
Series A, 5.00%, 12/01/24 |
2,370 | 2,405,518 | ||||||
|
Series A, 5.00%, 03/01/25 |
1,910 | 1,944,532 | ||||||
|
Series A, 5.00%, 03/01/26 |
950 | 979,034 | ||||||
|
Series A, 5.00%, 03/01/28 |
1,000 | 1,056,730 | ||||||
|
Series B, 5.00%, 03/01/24 |
1,750 | 1,760,298 | ||||||
|
Series B, 5.00%, 09/01/24 |
8,085 | 8,181,238 | ||||||
|
Series B, 5.00%, 03/01/25 |
5,260 | 5,355,098 | ||||||
|
Series B, 5.00%, 03/01/26 |
7,190 | 7,409,743 | ||||||
|
Series B, 5.00%, 03/01/27 |
4,245 | 4,430,090 | ||||||
|
Series B, 5.00%, 09/01/27 |
1,600 | 1,680,332 | ||||||
|
Series C, 4.00%, 03/01/24 |
5,340 | 5,345,801 | ||||||
|
Series D, 5.00%, 11/01/23 |
38,830 | 38,897,393 | ||||||
|
Series D, 5.00%, 11/01/24 |
23,555 | 23,884,332 | ||||||
|
Series D, 5.00%, 11/01/25 |
12,885 | 13,223,099 | ||||||
|
Series D, 5.00%, 11/01/26 |
12,000 | 12,470,425 | ||||||
|
Series D, 5.00%, 11/01/27 |
12,170 | 12,806,887 | ||||||
|
State of Illinois Sales Tax Revenue RB, 5.00%, 06/15/26 |
435 | 448,462 | ||||||
|
|
|
|||||||
| 280,518,689 | ||||||||
| Indiana — 0.8% | ||||||||
|
Indiana Finance Authority, 5.00%, 02/01/27 |
230 | 244,189 | ||||||
|
Indiana Finance Authority RB |
||||||||
|
5.00%, 02/01/24 |
1,485 | 1,495,355 | ||||||
|
5.00%, 02/01/25 |
1,060 | 1,085,684 | ||||||
|
5.00%, 02/01/26 |
75 | 78,085 | ||||||
|
5.00%, 02/01/27 |
2,295 | 2,436,586 | ||||||
|
5.00%, 02/01/27 (Call 02/01/25) |
1,070 | 1,095,271 | ||||||
|
5.00%, 02/01/27 (Call 02/01/26) |
150 | 156,182 | ||||||
|
5.00%, 10/01/27 |
1,225 | 1,313,966 | ||||||
|
5.00%, 02/01/29 (PR 02/01/26) |
3,500 | 3,648,942 | ||||||
|
5.00%, 02/01/30 (PR 02/01/26) |
3,930 | 4,097,241 | ||||||
|
5.00%, 02/01/31 (PR 02/01/25) |
5,000 | 5,116,299 | ||||||
|
5.00%, 02/01/31 (PR 02/01/26) |
3,645 | 3,800,113 | ||||||
|
5.00%, 08/01/35 (PR 08/01/26) |
9,310 | 9,791,132 | ||||||
|
Series 2, 5.00%, 10/01/23 |
1,000 | 1,001,088 | ||||||
|
Series 3, 5.00%, 10/01/25 |
3,680 | 3,805,198 | ||||||
|
Series A, 5.00%, 10/01/25 (Call 10/01/24) |
1,140 | 1,157,839 | ||||||
|
Series A, 5.00%, 02/01/26 |
10,020 | 10,432,219 | ||||||
|
Series B, 5.00%, 02/01/24 |
4,170 | 4,199,078 | ||||||
|
Series B, 5.00%, 02/01/25 |
2,205 | 2,258,428 | ||||||
|
Series B, 5.00%, 02/01/26 |
1,000 | 1,041,140 | ||||||
|
Series C, 5.00%, 12/01/23 |
940 | 943,680 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
89 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® Short-Term National Muni Bond ETF (Percentages shown are based on Net Assets) |
|
Security |
Par (000) |
Value |
||||||
| Indiana (continued) | ||||||||
|
Series C, 5.00%, 12/01/24 |
$ | 6,865 | $ | 7,007,494 | ||||
|
Series C, 5.00%, 12/01/25 |
1,055 | 1,092,829 | ||||||
|
Series C, 5.00%, 02/01/26 |
130 | 135,348 | ||||||
|
Series C, 5.00%, 06/01/27 (Call 12/01/26) |
2,090 | 2,208,876 | ||||||
|
Series E, 5.00%, 02/01/26 |
185 | 192,611 | ||||||
|
Series E, 5.00%, 02/01/27 (Call 08/01/26) |
60 | 63,123 | ||||||
|
Indiana University RB, 3.00%, 08/01/24 |
410 | 409,034 | ||||||
|
Purdue University RB |
||||||||
|
5.00%, 07/01/24 |
90 | 91,281 | ||||||
|
Series EE, 5.00%, 07/01/26 |
225 | 236,167 | ||||||
|
|
|
|||||||
| 70,634,478 | ||||||||
| Iowa — 0.1% | ||||||||
|
Iowa Finance Authority RB |
||||||||
|
5.00%, 08/01/24 |
700 | 710,797 | ||||||
|
5.00%, 08/01/25 |
3,170 | 3,272,478 | ||||||
|
5.00%, 08/01/26 |
1,280 | 1,347,971 | ||||||
|
|
|
|||||||
| 5,331,246 | ||||||||
| Kansas — 0.4% | ||||||||
|
Johnson County Unified School District No. 512 Shawnee Mission GO |
||||||||
|
4.00%, 10/01/35 (PR 10/01/25) |
4,000 | 4,056,606 | ||||||
|
5.00%, 10/01/30 (PR 10/01/25) |
2,000 | 2,068,042 | ||||||
|
5.00%, 10/01/31 (PR 10/01/25) |
6,255 | 6,467,803 | ||||||
|
5.00%, 10/01/32 (PR 10/01/25) |
4,605 | 4,761,668 | ||||||
|
5.00%, 10/01/34 (PR 10/01/25) |
4,000 | 4,136,085 | ||||||
|
Series A, 4.00%, 10/01/23 |
3,000 | 3,001,463 | ||||||
|
Kansas Development Finance Authority RB, Series SRF, 5.00%, 05/01/24 |
5,000 | 5,051,204 | ||||||
|
State of Kansas Department of Transportation RB |
||||||||
|
5.00%, 09/01/25 |
955 | 986,017 | ||||||
|
5.00%, 09/01/26 (Call 09/01/25) |
1,220 | 1,258,908 | ||||||
|
5.00%, 09/01/27 (Call 09/01/25) |
6,095 | 6,295,319 | ||||||
|
Series A, 5.00%, 09/01/23 |
2,360 | 2,360,000 | ||||||
|
Series A, 5.00%, 09/01/24 |
180 | 182,864 | ||||||
|
Series A, 5.00%, 09/01/25 (Call 09/01/24) |
365 | 370,594 | ||||||
|
|
|
|||||||
| 40,996,573 | ||||||||
| Kentucky — 0.2% | ||||||||
|
Kentucky Asset Liability Commission RB |
||||||||
|
5.00%, 09/01/23 |
275 | 275,000 | ||||||
|
5.25%, 09/01/24 (Call 09/01/23) |
1,010 | 1,010,000 | ||||||
|
Series A, 5.00%, 09/01/26 (Call 09/01/24) |
2,240 | 2,273,236 | ||||||
|
Kentucky State Property & Building Commission RB, Series B, 5.00%, 11/01/26 (SAP) |
5,190 | 5,435,585 | ||||||
|
Kentucky Turnpike Authority RB, Series A, 5.00%, 07/01/26 |
2,000 | 2,086,054 | ||||||
|
Louisville and Jefferson County Metropolitan Sewer District RB, 5.00%, 05/15/25 |
5,000 | 5,136,208 | ||||||
|
Louisville/Jefferson County Metropolitan Government GO, Series A, 5.00%, 04/01/27 |
4,850 | 5,159,405 | ||||||
|
|
|
|||||||
| 21,375,488 | ||||||||
| Louisiana — 0.5% | ||||||||
|
East Baton Rouge Sewerage Commission RB, Series B, 5.00%, 02/01/39 (PR 02/01/25) |
3,345 | 3,425,122 | ||||||
|
Louisiana Local Government Environmental Facilities & Community Development Authority RB, 5.00%, 10/01/33 (PR 10/01/24) |
5,735 | 5,827,981 | ||||||
|
State of Louisiana Gasoline & Fuels Tax Revenue RB |
||||||||
|
4.00%, 05/01/41 (PR 05/01/25) |
5,070 | 5,116,511 | ||||||
|
Series B, 5.00%, 05/01/25 |
775 | 795,986 | ||||||
|
Security |
Par (000) |
Value |
||||||
| Louisiana (continued) | ||||||||
|
State of Louisiana GO |
||||||||
|
5.00%, 10/01/23 |
$ | 7,640 | $ | 7,648,592 | ||||
|
5.00%, 03/01/24 |
50 | 50,394 | ||||||
|
5.00%, 03/01/27 |
65 | 69,036 | ||||||
|
Series A, 5.00%, 04/01/24 |
2,880 | 2,906,457 | ||||||
|
Series A, 5.00%, 03/01/25 |
1,700 | 1,741,278 | ||||||
|
Series A, 5.00%, 04/01/25 |
175 | 179,493 | ||||||
|
Series A, 5.00%, 03/01/26 |
1,935 | 2,013,647 | ||||||
|
Series A, 5.00%, 09/01/26 |
60 | 62,998 | ||||||
|
Series B, 5.00%, 08/01/25 |
4,235 | 4,360,823 | ||||||
|
Series B, 5.00%, 08/01/26 |
1,890 | 1,981,237 | ||||||
|
Series C, 5.00%, 08/01/24 |
100 | 101,453 | ||||||
|
Series C, 5.00%, 08/01/25 (Call 08/01/24) |
1,235 | 1,253,151 | ||||||
|
Series D-1, 5.00%, 12/01/23 |
1,400 | 1,405,278 | ||||||
|
State of Louisiana RB |
||||||||
|
5.00%, 09/01/23 |
5,970 | 5,970,000 | ||||||
|
5.00%, 09/01/24 |
1,065 | 1,080,388 | ||||||
|
5.00%, 09/01/25 |
750 | 773,774 | ||||||
|
5.00%, 06/15/26 (PR 06/15/24) |
1,000 | 1,012,446 | ||||||
|
5.00%, 09/01/26 |
1,035 | 1,086,722 | ||||||
|
5.00%, 09/01/27 |
135 | 144,273 | ||||||
|
5.00%, 09/01/28 |
1,150 | 1,246,779 | ||||||
|
|
|
|||||||
| 50,253,819 | ||||||||
| Maine — 0.5% | ||||||||
|
Maine Turnpike Authority RB, 5.00%, 07/01/26 |
1,000 | 1,050,460 | ||||||
|
State of Maine GO |
||||||||
|
3.00%, 06/01/24 |
1,600 | 1,593,687 | ||||||
|
5.00%, 06/01/24 |
9,765 | 9,880,507 | ||||||
|
5.00%, 06/01/25 |
100 | 102,850 | ||||||
|
5.00%, 06/01/26 |
70 | 73,371 | ||||||
|
5.00%, 06/01/27 |
11,720 | 12,529,443 | ||||||
|
5.00%, 06/01/28 |
4,830 | 5,264,853 | ||||||
|
Series B, 5.00%, 06/01/25 |
2,465 | 2,535,251 | ||||||
|
Series B, 5.00%, 06/01/28 |
3,410 | 3,717,008 | ||||||
|
Series D, 5.00%, 06/01/25 |
10,000 | 10,284,993 | ||||||
|
|
|
|||||||
| 47,032,423 | ||||||||
| Maryland — 4.8% | ||||||||
|
City of Baltimore MD GO, 5.00%, 10/15/23 |
1,385 | 1,387,482 | ||||||
|
City of Baltimore MD RB |
||||||||
|
5.00%, 07/01/29 (PR 01/01/24) |
1,330 | 1,336,593 | ||||||
|
5.00%, 07/01/30 (PR 01/01/24) |
2,895 | 2,909,352 | ||||||
|
5.00%, 07/01/31 (PR 01/01/24) |
3,865 | 3,884,161 | ||||||
|
5.00%, 07/01/38 (PR 01/01/24) |
2,190 | 2,200,857 | ||||||
|
5.00%, 07/01/42 (PR 01/01/24) |
1,525 | 1,532,560 | ||||||
|
5.00%, 07/01/43 (PR 01/01/24) |
6,280 | 6,313,163 | ||||||
|
County of Anne Arundel MD, 5.00%, 04/01/27 |
1,760 | 1,880,270 | ||||||
|
County of Anne Arundel MD GOL |
||||||||
|
5.00%, 10/01/24 |
4,620 | 4,704,197 | ||||||
|
5.00%, 10/01/25 |
5,755 | 5,964,838 | ||||||
|
5.00%, 04/01/26 |
8,300 | 8,688,184 | ||||||
|
5.00%, 10/01/26 |
6,270 | 6,630,878 | ||||||
|
5.00%, 10/01/27 |
5,740 | 6,195,661 | ||||||
|
County of Baltimore MD GO |
||||||||
|
5.00%, 03/01/24 |
50 | 50,415 | ||||||
|
5.00%, 03/01/25 |
7,500 | 7,687,604 | ||||||
|
5.00%, 03/01/26 |
60 | 62,702 | ||||||
|
5.00%, 03/01/27 |
2,025 | 2,159,724 | ||||||
|
County of Frederick MD GO |
||||||||
|
5.00%, 10/01/24 |
1,110 | 1,130,347 | ||||||
| 90 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® Short-Term National Muni Bond ETF (Percentages shown are based on Net Assets) |
|
Security |
Par (000) |
Value |
||||||
| Maryland (continued) | ||||||||
|
Series A, 5.00%, 10/01/25 |
$ | 5,395 | $ | 5,591,712 | ||||
|
Series A, 5.00%, 10/01/26 |
3,050 | 3,225,547 | ||||||
|
County of Howard MD, 5.00%, 02/15/27 |
1,200 | 1,278,683 | ||||||
|
County of Howard MD GO |
||||||||
|
Series A, 5.00%, 08/15/26 |
505 | 532,688 | ||||||
|
Series D, 5.00%, 02/15/26 |
265 | 276,688 | ||||||
|
County of Montgomery MD, 5.00%, 11/01/26 (PR 11/01/23) |
13,350 | 13,381,506 | ||||||
|
County of Montgomery MD GO |
||||||||
|
4.00%, 11/01/26 |
10 | 10,285 | ||||||
|
4.00%, 11/01/27 |
90 | 93,554 | ||||||
|
4.00%, 11/01/32 (PR 11/01/24) |
4,575 | 4,611,459 | ||||||
|
5.00%, 11/01/25 |
13,110 | 13,609,775 | ||||||
|
5.00%, 11/01/27 |
660 | 713,554 | ||||||
|
Series A, 4.00%, 11/01/31 (PR 11/01/24) |
8,840 | 8,910,448 | ||||||
|
Series A, 5.00%, 11/01/23 |
3,000 | 3,007,317 | ||||||
|
Series A, 5.00%, 11/01/24 |
4,850 | 4,943,163 | ||||||
|
Series A, 5.00%, 08/01/25 |
2,335 | 2,410,485 | ||||||
|
Series A, 5.00%, 11/01/25 (PR 11/01/24) |
235 | 239,514 | ||||||
|
Series A, 5.00%, 11/01/26 |
2,095 | 2,219,252 | ||||||
|
Series B, 4.00%, 11/01/24 |
8,000 | 8,063,753 | ||||||
|
Series B, 5.00%, 11/01/23 |
3,620 | 3,628,829 | ||||||
|
Series B, 5.00%, 11/01/24 |
2,805 | 2,858,880 | ||||||
|
Series B, 5.00%, 11/01/25 (Call 11/01/24) |
825 | 839,283 | ||||||
|
Series C, 5.00%, 10/01/24 |
10,000 | 10,178,004 | ||||||
|
Series C, 5.00%, 10/01/25 |
1,515 | 1,570,240 | ||||||
|
Series C, 5.00%, 10/01/26 |
13,390 | 14,160,680 | ||||||
|
County of Prince George’s MD GO |
||||||||
|
5.00%, 09/15/25 |
435 | 450,484 | ||||||
|
Series A, 5.00%, 09/15/24 |
1,175 | 1,195,641 | ||||||
|
County of Prince George’s MD GOL |
||||||||
|
4.00%, 09/01/25 (Call 09/01/24) |
65 | 65,138 | ||||||
|
5.00%, 07/15/25 |
3,455 | 3,566,466 | ||||||
|
5.00%, 07/15/27 |
8,500 | 9,135,240 | ||||||
|
Series A, 5.00%, 07/01/25 |
8,345 | 8,608,282 | ||||||
|
Series A, 5.00%, 07/15/26 |
2,475 | 2,606,126 | ||||||
|
Series B, 5.00%, 07/15/25 |
175 | 180,646 | ||||||
|
Maryland Stadium Authority RB, 5.00%, 05/01/46 (PR 05/01/26) (ST INTERCEPT) |
10,000 | 10,464,428 | ||||||
|
State of Maryland Department of Transportation RB |
||||||||
|
4.00%, 09/01/23 |
2,000 | 2,000,000 | ||||||
|
4.00%, 09/01/25 |
3,370 | 3,419,639 | ||||||
|
4.00%, 11/01/25 (Call 11/01/24) |
1,010 | 1,014,440 | ||||||
|
4.00%, 09/01/26 |
2,610 | 2,674,878 | ||||||
|
4.00%, 12/15/27 (Call 12/15/23) |
250 | 250,425 | ||||||
|
5.00%, 09/01/23 |
25 | 25,000 | ||||||
|
5.00%, 10/01/23 |
4,085 | 4,089,744 | ||||||
|
5.00%, 12/15/23 |
195 | 195,885 | ||||||
|
5.00%, 09/01/24 |
470 | 477,708 | ||||||
|
5.00%, 10/01/24 |
6,780 | 6,900,687 | ||||||
|
5.00%, 09/01/25 |
4,755 | 4,915,926 | ||||||
|
5.00%, 10/01/25 |
6,510 | 6,740,740 | ||||||
|
5.00%, 12/01/25 |
2,690 | 2,794,128 | ||||||
|
5.00%, 10/01/26 |
385 | 406,580 | ||||||
|
5.00%, 10/01/27 (Call 10/01/26) |
10,530 | 11,137,827 | ||||||
|
Series A, 5.00%, 10/01/26 |
9,420 | 9,948,000 | ||||||
|
Series B, 5.00%, 12/01/24 |
5,235 | 5,343,020 | ||||||
|
State of Maryland GO |
||||||||
|
3.00%, 08/01/27 |
1,300 | 1,293,679 | ||||||
|
4.00%, 06/01/27 (Call 06/01/24) |
45 | 45,046 | ||||||
|
Security |
Par (000) |
Value |
||||||
| Maryland (continued) | ||||||||
|
5.00%, 08/01/27 |
$ | 825 | $ | 887,165 | ||||
|
5.00%, 03/15/28 |
10,795 | 11,752,934 | ||||||
|
First Series, 4.00%, 06/01/25 (Call 06/01/24) |
1,180 | 1,186,903 | ||||||
|
First Series, 5.00%, 06/01/24 |
6,100 | 6,177,074 | ||||||
|
First Series, 5.00%, 03/15/26 |
2,000 | 2,092,193 | ||||||
|
First Series, 5.00%, 06/01/26 (Call 06/01/24) |
475 | 480,235 | ||||||
|
First Series, 5.00%, 03/15/27 |
245 | 261,423 | ||||||
|
Second Series, 5.00%, 08/01/27 |
1,245 | 1,338,813 | ||||||
|
Second Series A, 5.00%, 08/01/26 |
10,075 | 10,621,490 | ||||||
|
Second Series B, 5.00%, 08/01/25 |
3,210 | 3,320,392 | ||||||
|
Series A, 5.00%, 03/15/24 |
1,865 | 1,881,910 | ||||||
|
Series A, 5.00%, 03/15/25 |
11,080 | 11,374,632 | ||||||
|
Series A, 5.00%, 08/01/25 |
465 | 480,991 | ||||||
|
Series A, 5.00%, 08/01/26 |
1,305 | 1,375,786 | ||||||
|
Series A, 5.00%, 03/01/27 |
1,000 | 1,066,189 | ||||||
|
Series A, 5.00%, 03/15/27 |
170 | 181,396 | ||||||
|
Series A, 5.00%, 08/01/27 |
10,580 | 11,377,217 | ||||||
|
Series A, 5.00%, 03/15/28 |
1,500 | 1,633,108 | ||||||
|
Series B, 4.00%, 08/01/25 |
160 | 162,566 | ||||||
|
Series B, 5.00%, 08/01/25 |
1,390 | 1,437,802 | ||||||
|
Series B, 5.00%, 08/01/26 |
14,725 | 15,523,716 | ||||||
|
Series C, 3.00%, 08/01/26 |
19,185 | 19,037,667 | ||||||
|
Series C, 5.00%, 08/01/24 |
1,780 | 1,807,615 | ||||||
|
Washington Suburban Sanitary Commission RB |
||||||||
|
4.00%, 06/01/37 (PR 06/01/24) (GTD) |
5,360 | 5,384,661 | ||||||
|
4.00%, 06/01/41 (PR 06/01/24) (GTD) |
1,000 | 1,004,601 | ||||||
|
4.00%, 06/01/42 (PR 06/01/24) (GTD) |
2,000 | 2,009,202 | ||||||
|
4.00%, 06/01/43 (PR 06/01/24) (GTD) |
8,020 | 8,058,363 | ||||||
|
4.00%, 06/01/44 (PR 06/01/24) (GTD) |
11,100 | 11,152,564 | ||||||
|
5.00%, 06/01/24 |
100 | 101,220 | ||||||
|
5.00%, 06/01/24 (GTD) |
175 | 177,211 | ||||||
|
5.00%, 06/15/24 (GTD) |
175 | 177,328 | ||||||
|
5.00%, 12/01/24 (GTD) |
5,255 | 5,367,293 | ||||||
|
5.00%, 06/01/25 (GTD) |
1,415 | 1,457,748 | ||||||
|
5.00%, 06/15/25 (GTD) |
2,500 | 2,577,301 | ||||||
|
5.00%, 12/01/25 (GTD) |
2,060 | 2,142,006 | ||||||
|
5.00%, 06/01/26 |
6,475 | 6,800,755 | ||||||
|
5.00%, 06/01/26 (GTD) |
9,535 | 10,014,703 | ||||||
|
5.00%, 06/01/27 (GTD) |
10,045 | 10,768,165 | ||||||
|
5.00%, 12/01/27 (GTD) |
120 | 129,950 | ||||||
|
|
|
|||||||
| 443,802,378 | ||||||||
| Massachusetts — 4.4% | ||||||||
|
Boston Water & Sewer Commission RB |
||||||||
|
3.50%, 11/01/30 (PR 11/01/24) |
4,750 | 4,766,520 | ||||||
|
3.50%, 11/01/31 (PR 11/01/24) |
4,000 | 4,013,912 | ||||||
|
3.50%, 11/01/32 (PR 11/01/24) |
5,000 | 5,017,390 | ||||||
|
3.75%, 11/01/33 (PR 11/01/24) |
5,000 | 5,031,451 | ||||||
|
3.75%, 11/01/34 (PR 11/01/24) |
5,000 | 5,031,451 | ||||||
|
3.75%, 11/01/35 (PR 11/01/24) |
5,000 | 5,031,451 | ||||||
|
City of Boston MA GO |
||||||||
|
5.00%, 04/01/24 |
85 | 85,853 | ||||||
|
5.00%, 03/01/25 |
25 | 25,655 | ||||||
|
5.00%, 04/01/26 |
10 | 10,501 | ||||||
|
5.00%, 11/01/27 |
1,000 | 1,084,406 | ||||||
|
Series A, 5.00%, 11/01/24 |
5,000 | 5,101,757 | ||||||
|
Series A, 5.00%, 11/01/25 |
14,320 | 14,905,416 | ||||||
|
Series A, 5.00%, 04/01/26 (Call 04/01/25) |
4,000 | 4,119,169 | ||||||
|
Series A, 5.00%, 11/01/26 |
13,645 | 14,509,303 | ||||||
|
Series D, 5.00%, 03/01/26 |
200 | 209,643 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
91 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® Short-Term National Muni Bond ETF (Percentages shown are based on Net Assets) |
|
Security |
Par (000) |
Value |
||||||
| Massachusetts (continued) | ||||||||
|
Commonwealth of Massachusetts GOL |
||||||||
|
3.00%, 12/01/23 |
$ | 2,000 | $ | 1,998,669 | ||||
|
4.00%, 07/01/26 |
190 | 194,545 | ||||||
|
5.00%, 09/01/24 |
35 | 35,577 | ||||||
|
5.00%, 09/01/26 (Call 09/01/25) |
4,450 | 4,600,332 | ||||||
|
5.00%, 07/01/27 |
8,300 | 8,931,659 | ||||||
|
5.00%, 09/01/27 |
10 | 10,800 | ||||||
|
5.00%, 05/01/28 |
2,000 | 2,189,327 | ||||||
|
Series A, 5.00%, 07/01/24 |
215 | 218,024 | ||||||
|
Series A, 5.00%, 03/01/25 |
9,055 | 9,288,144 | ||||||
|
Series A, 5.00%, 07/01/25 |
8,125 | 8,382,799 | ||||||
|
Series A, 5.00%, 01/01/26 |
1,040 | 1,084,608 | ||||||
|
Series A, 5.00%, 03/01/26 |
3,060 | 3,202,283 | ||||||
|
Series A, 5.00%, 07/01/26 |
6,685 | 7,044,545 | ||||||
|
Series B, 5.00%, 11/01/23 |
2,700 | 2,707,054 | ||||||
|
Series B, 5.00%, 07/01/24 |
6,800 | 6,895,656 | ||||||
|
Series B, 5.00%, 07/01/25 |
3,215 | 3,317,009 | ||||||
|
Series B, 5.00%, 11/01/25 |
2,055 | 2,135,955 | ||||||
|
Series B, 5.00%, 07/01/26 |
2,930 | 3,087,587 | ||||||
|
Series B, 5.00%, 07/01/27 |
3,805 | 4,094,574 | ||||||
|
Series B, 5.25%, 09/01/23 (AGM) |
400 | 400,000 | ||||||
|
Series B, 5.25%, 09/01/24 (AGM) |
9,520 | 9,700,032 | ||||||
|
Series B, 5.25%, 09/01/25 (AGM) |
1,110 | 1,154,176 | ||||||
|
Series C, 5.00%, 08/01/24 |
925 | 939,019 | ||||||
|
Series C, 5.00%, 10/01/24 |
240 | 244,399 | ||||||
|
Series C, 5.00%, 08/01/25 |
1,980 | 2,045,863 | ||||||
|
Series C, 5.00%, 10/01/25 |
6,990 | 7,253,419 | ||||||
|
Series C, 5.00%, 05/01/26 |
3,800 | 3,990,348 | ||||||
|
Series C, 5.00%, 05/01/27 |
110 | 117,954 | ||||||
|
Series C, 5.00%, 10/01/27 |
150 | 162,267 | ||||||
|
Series C, 5.50%, 12/01/23 (AMBAC) |
290 | 291,511 | ||||||
|
Series D, 5.00%, 04/01/25 |
2,015 | 2,069,856 | ||||||
|
Series D, 5.00%, 07/01/27 |
2,475 | 2,663,356 | ||||||
|
Series E, 3.00%, 12/01/25 |
385 | 382,336 | ||||||
|
Series E, 3.00%, 12/01/26 |
500 | 498,072 | ||||||
|
Series E, 5.00%, 11/01/23 |
4,660 | 4,672,174 | ||||||
|
Series E, 5.00%, 11/01/24 |
1,060 | 1,080,967 | ||||||
|
Series E, 5.00%, 11/01/25 |
1,850 | 1,922,879 | ||||||
|
Series E, 5.00%, 11/01/25 (AMBAC) |
440 | 457,333 | ||||||
|
Series E, 5.00%, 11/01/26 |
2,385 | 2,530,885 | ||||||
|
Series G, 5.00%, 09/01/25 |
50 | 51,751 | ||||||
|
Series H, 5.00%, 12/01/23 |
10,030 | 10,070,471 | ||||||
|
Series H, 5.00%, 12/01/24 |
2,295 | 2,343,760 | ||||||
|
Commonwealth of Massachusetts Transportation Fund Revenue RB, Series A, 5.00%, 06/01/25 |
4,225 | 4,351,916 | ||||||
|
Massachusetts Bay Transportation Authority RB |
||||||||
|
Series A, 5.00%, 07/01/25 |
8,065 | 8,316,185 | ||||||
|
Series A, 5.00%, 07/01/26 |
6,070 | 6,403,211 | ||||||
|
Massachusetts Bay Transportation Authority Sales Tax Revenue RB |
||||||||
|
5.00%, 07/01/27 (PR 07/01/25) |
1,285 | 1,325,311 | ||||||
|
Series A-1, 5.00%, 07/01/24 |
1,375 | 1,394,118 | ||||||
|
Massachusetts Clean Water Trust (The) RB |
||||||||
|
5.00%, 02/01/24 |
195 | 196,376 | ||||||
|
5.00%, 08/01/24 |
645 | 654,949 | ||||||
|
5.00%, 08/01/25 |
14,810 | 15,308,388 | ||||||
|
5.00%, 02/01/27 |
8,165 | 8,720,536 | ||||||
|
5.00%, 02/01/28 |
3,095 | 3,376,156 | ||||||
|
Series 2017, 5.00%, 08/01/24 |
245 | 248,867 | ||||||
|
Security |
Par (000) |
Value |
||||||
| Massachusetts (continued) | ||||||||
|
Massachusetts Development Finance Agency RB |
||||||||
|
5.00%, 07/15/24 |
$ | 20 | $ | 20,305 | ||||
|
Series A, 5.00%, 10/15/25 |
11,440 | 11,868,371 | ||||||
|
Series A, 5.00%, 10/15/26 |
12,965 | 13,737,685 | ||||||
|
Series U, 5.00%, 07/01/25 |
1,405 | 1,449,075 | ||||||
|
Massachusetts Health & Educational Facilities Authority RB, Series A, VRDN, 2.90%, 11/01/49 (Put 08/31/23)(a) |
11,215 | 11,215,000 | ||||||
|
Massachusetts School Building Authority RB |
||||||||
|
5.00%, 11/15/24 |
2,005 | 2,044,848 | ||||||
|
Series A, 5.00%, 11/15/41 (PR 11/15/25) |
4,750 | 4,932,167 | ||||||
|
Series A, 5.00%, 11/15/45 (PR 11/15/25) |
12,960 | 13,457,029 | ||||||
|
Series A, 5.00%, 02/15/49 (PR 02/15/26) |
15,360 | 16,023,982 | ||||||
|
Series C, 5.00%, 08/15/24 |
740 | 751,573 | ||||||
|
Series C, 5.00%, 08/15/25 |
265 | 273,957 | ||||||
|
Series D, 4.75%, 08/15/32 (PR 08/15/25) |
2,285 | 2,346,633 | ||||||
|
Massachusetts State College Building Authority RB |
||||||||
|
Series A, 5.00%, 05/01/38 (PR 05/01/25) (HERBIP) |
5,000 | 5,141,912 | ||||||
|
Series
A, 5.00%, 05/01/41 (PR 05/01/25) |
2,960 | 3,044,012 | ||||||
|
Series B, 5.00%, 05/01/44 (PR 05/01/24) (HERBIP) |
3,935 | 3,978,882 | ||||||
|
Series D, 5.00%, 05/01/41 (PR 05/01/25) (ST INTERCEPT) |
4,515 | 4,643,147 | ||||||
|
Massachusetts Transportation Trust Fund Metropolitan Highway System Revenue, 5.00%, 01/01/27 |
9,895 | 10,478,568 | ||||||
|
Massachusetts Transportation Trust Fund Metropolitan Highway System Revenue RB |
||||||||
|
5.00%, 01/01/24 |
10 | 10,053 | ||||||
|
5.00%, 01/01/27 |
4,975 | 5,304,053 | ||||||
|
Massachusetts Water Resources Authority |
||||||||
|
5.00%, 08/01/24 |
55 | 55,883 | ||||||
|
5.00%, 08/01/24 (ETM) |
115 | 116,671 | ||||||
|
5.00%, 08/01/26 |
255 | 269,487 | ||||||
|
5.00%, 08/01/26 (ETM) |
745 | 783,501 | ||||||
|
Massachusetts Water Resources Authority RB |
||||||||
|
5.00%, 08/01/24 (ETM) |
105 | 106,572 | ||||||
|
5.00%, 08/01/25 |
1,160 | 1,200,110 | ||||||
|
5.00%, 08/01/31 (PR 08/01/24) |
2,195 | 2,228,857 | ||||||
|
5.00%, 08/01/37 (PR 08/01/26) |
1,250 | 1,316,378 | ||||||
|
Series B, 5.00%, 08/01/40 (PR 08/01/26) |
5,080 | 5,358,449 | ||||||
|
Series B, 5.25%, 08/01/25 (AGM) |
825 | 857,313 | ||||||
|
Series C, 5.00%, 08/01/24 |
1,440 | 1,463,116 | ||||||
|
Series C, 5.00%, 08/01/34 (PR 08/01/26) |
10,000 | 10,548,127 | ||||||
|
Series C, VRDN, 5.00%, 08/01/40 (PR 08/01/26) |
16,060 | 16,940,292 | ||||||
|
Series F, 4.00%, 08/01/41 (PR 08/01/24) |
6,950 | 6,992,623 | ||||||
|
University of Massachusetts Building Authority RB |
||||||||
|
Series 1, 5.00%, 11/01/44 (PR 11/01/24) |
2,000 | 2,036,136 | ||||||
|
Series 2021-1, 5.00%, 11/01/23 |
4,195 | 4,206,158 | ||||||
|
Series 2021-1, 5.00%, 11/01/24 |
175 | 178,461 | ||||||
|
|
|
|||||||
| 409,081,252 | ||||||||
| Michigan — 1.1% | ||||||||
|
Chippewa Valley Schools GO, Series A, 5.00%, 05/01/25 (Q-SBLF) |
395 | 405,375 | ||||||
|
Great Lakes Water Authority Water Supply System Revenue RB, Series C, 5.00%, 07/01/26 |
640 | 671,587 | ||||||
|
Michigan Finance Authority RB |
||||||||
|
5.00%, 07/01/26 (Call 07/01/24) (AGM) |
7,410 | 7,491,932 | ||||||
|
5.00%, 07/01/27 (Call 07/01/24) (NPFGC) |
2,000 | 2,021,789 | ||||||
|
5.00%, 10/01/27 (Call 10/01/26) |
10,225 | 10,812,719 | ||||||
|
Series B, 5.00%, 10/01/23 |
3,500 | 3,504,014 | ||||||
| 92 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® Short-Term National Muni Bond ETF (Percentages shown are based on Net Assets) |
|
Security |
Par (000) |
Value |
||||||
| Michigan (continued) | ||||||||
|
Series C-3, 5.00%, 07/01/24 (AGM) |
$ | 1,610 | $ | 1,625,452 | ||||
|
Series C-3, 5.00%, 07/01/25 (Call 07/01/24) (AGM) |
335 | 338,393 | ||||||
|
Michigan State Building Authority RB |
||||||||
|
5.00%, 10/15/27 |
710 | 763,808 | ||||||
|
5.00%, 10/15/28 |
2,800 | 3,064,791 | ||||||
|
Series I, 5.00%, 04/15/24 |
560 | 565,623 | ||||||
|
Series I, 5.00%, 04/15/25 |
1,000 | 1,025,698 | ||||||
|
Series I, 5.00%, 04/15/26 |
1,245 | 1,301,389 | ||||||
|
Michigan State University RB |
||||||||
|
5.00%, 08/15/26 |
2,455 | 2,583,937 | ||||||
|
5.00%, 02/15/28 |
2,400 | 2,592,024 | ||||||
|
5.00%, 08/15/28 |
3,750 | 4,087,813 | ||||||
|
State of Michigan RB |
||||||||
|
5.00%, 03/15/24 |
3,840 | 3,869,992 | ||||||
|
5.00%, 03/15/25 |
1,565 | 1,600,971 | ||||||
|
5.00%, 03/15/26 |
8,610 | 8,974,906 | ||||||
|
5.00%, 03/15/27 |
7,270 | 7,724,754 | ||||||
|
State of Michigan Trunk Line Revenue RB |
||||||||
|
5.00%, 11/15/28 |
1,500 | 1,644,967 | ||||||
|
Series A, 5.00%, 11/15/23 |
800 | 802,572 | ||||||
|
Series A, 5.00%, 11/15/24 |
1,000 | 1,020,228 | ||||||
|
University of Michigan RB |
||||||||
|
Series A, 5.00%, 04/01/24 |
940 | 949,169 | ||||||
|
Series A, 5.00%, 04/01/25 |
3,525 | 3,620,965 | ||||||
|
Series A, 5.00%, 04/01/26 |
5,285 | 5,526,839 | ||||||
|
Series A, 5.00%, 04/01/42 (PR 04/01/27) |
5,110 | 5,453,829 | ||||||
|
Series
B, VRDN, 4.07%, 04/01/28 |
3,300 | 3,300,000 | ||||||
|
Series
C, VRDN, 4.00%, 04/01/49 |
1,000 | 1,000,505 | ||||||
|
VRDN, VRDN, 3.85%, 04/01/42 (08/31/23)(a) |
10,250 | 10,250,000 | ||||||
|
|
|
|||||||
| 98,596,041 | ||||||||
| Minnesota — 2.9% | ||||||||
|
City of Minneapolis MN GO |
||||||||
|
3.00%, 12/01/23 |
570 | 569,302 | ||||||
|
3.00%, 12/01/24 |
45 | 44,746 | ||||||
|
3.00%, 12/01/27 (Call 12/01/24) |
25 | 24,780 | ||||||
|
4.00%, 12/01/24 |
1,665 | 1,678,714 | ||||||
|
4.00%, 12/01/26 |
2,235 | 2,300,959 | ||||||
|
County of Hennepin MN GO |
||||||||
|
5.00%, 12/01/25 |
3,930 | 4,089,044 | ||||||
|
5.00%, 12/15/27 |
70 | 75,834 | ||||||
|
Series B, 5.00%, 12/15/26 |
1,660 | 1,764,393 | ||||||
|
Series C, 5.00%, 12/15/26 |
5,365 | 5,702,390 | ||||||
|
Metropolitan Council GO |
||||||||
|
5.00%, 03/01/25 |
1,815 | 1,861,466 | ||||||
|
5.00%, 12/01/26 |
2,755 | 2,919,783 | ||||||
|
Series B, 5.00%, 12/01/23 |
4,770 | 4,789,132 | ||||||
|
Series B, 5.00%, 12/01/24 |
24,940 | 25,466,828 | ||||||
|
Series B, 5.00%, 12/01/25 |
5,180 | 5,382,791 | ||||||
|
Series C, 5.00%, 03/01/26 |
200 | 208,811 | ||||||
|
Minneapolis-St Paul Metropolitan Airports Commission RB, Series B, 5.00%, 01/01/24 |
3,060 | 3,073,885 | ||||||
|
Minnesota Public Facilities Authority RB |
||||||||
|
5.00%, 03/01/24 |
7,500 | 7,563,403 | ||||||
|
5.00%, 03/01/26 |
1,900 | 1,986,951 | ||||||
|
State of Minnesota GO |
||||||||
|
3.00%, 08/01/24 |
55 | 54,792 | ||||||
|
4.00%, 08/01/27 (Call 08/01/26) |
3,910 | 4,015,966 | ||||||
|
5.00%, 08/01/24 |
10,210 | 10,367,483 | ||||||
|
5.00%, 08/01/26 |
1,125 | 1,186,343 | ||||||
|
5.00%, 08/01/27 |
7,750 | 8,331,009 | ||||||
|
Security |
Par (000) |
Value |
||||||
| Minnesota (continued) | ||||||||
|
5.00%, 09/01/27 |
$ | 75 | $ | 80,764 | ||||
|
5.00%, 10/01/27 |
2,105 | 2,270,423 | ||||||
|
5.00%, 08/01/28 |
37,925 | 41,582,805 | ||||||
|
Series A, 5.00%, 08/01/24 |
3,050 | 3,097,044 | ||||||
|
Series A, 5.00%, 08/01/25 |
405 | 418,396 | ||||||
|
Series A, 5.00%, 09/01/25 |
10,000 | 10,346,251 | ||||||
|
Series A, 5.00%, 10/01/25 |
330 | 342,167 | ||||||
|
Series A, 5.00%, 08/01/26 |
3,170 | 3,342,852 | ||||||
|
Series A, 5.00%, 09/01/26 |
14,175 | 14,974,524 | ||||||
|
Series A, 5.00%, 08/01/27 |
25 | 26,874 | ||||||
|
Series B, 5.00%, 09/01/24 |
5,000 | 5,083,468 | ||||||
|
Series B, 5.00%, 08/01/25 |
115 | 118,804 | ||||||
|
Series D, 5.00%, 08/01/24 |
4,330 | 4,396,788 | ||||||
|
Series D, 5.00%, 10/01/24 |
1,630 | 1,659,879 | ||||||
|
Series D, 5.00%, 08/01/25 |
4,420 | 4,566,200 | ||||||
|
Series D, 5.00%, 08/01/26 |
4,715 | 4,972,097 | ||||||
|
Series D, 5.00%, 10/01/26 |
235 | 248,667 | ||||||
|
Series D, 5.00%, 08/01/27 (Call 08/01/26) |
25 | 26,309 | ||||||
|
Series E, 3.00%, 08/01/24 |
5,040 | 5,020,912 | ||||||
|
Series F, 5.00%, 10/01/23 |
8,625 | 8,635,462 | ||||||
|
State of Minnesota RB |
||||||||
|
5.00%, 03/01/25 |
25,000 | 25,607,027 | ||||||
|
5.00%, 03/01/26 |
20,000 | 20,910,388 | ||||||
|
University of Minnesota RB |
||||||||
|
5.00%, 08/01/25 |
55 | 56,727 | ||||||
|
5.00%, 10/01/27 |
20 | 21,524 | ||||||
|
Series B, 5.00%, 12/01/25 |
6,365 | 6,596,020 | ||||||
|
Western Minnesota Municipal Power Agency RB, Series A, 5.00%, 01/01/46 (PR 01/01/24) |
5,710 | 5,740,153 | ||||||
|
|
|
|||||||
| 263,601,330 | ||||||||
| Mississippi — 0.3% | ||||||||
|
State of Mississippi GO |
||||||||
|
5.00%, 11/01/32 (PR 11/01/26) |
3,100 | 3,276,191 | ||||||
|
5.00%, 10/01/33 (PR 10/01/27) |
4,000 | 4,304,788 | ||||||
|
Series A, 5.00%, 10/01/26 |
120 | 126,366 | ||||||
|
Series A, 5.00%, 10/01/27 |
305 | 327,392 | ||||||
|
Series A, 5.00%, 10/01/32 (PR 10/01/27) |
6,600 | 7,102,900 | ||||||
|
Series A, 5.00%, 10/01/34 (PR 10/01/27) |
3,000 | 3,228,591 | ||||||
|
Series B, 5.00%, 09/01/23 |
1,275 | 1,275,000 | ||||||
|
Series B, 5.00%, 12/01/35 (PR 12/01/26) |
1,015 | 1,076,032 | ||||||
|
Series B, 5.00%, 11/01/36 (PR 11/01/26) |
2,020 | 2,134,808 | ||||||
|
Series C, 5.00%, 10/01/24 |
725 | 737,445 | ||||||
|
Series C, 5.00%, 10/01/26 (Call 10/01/25) |
205 | 212,031 | ||||||
|
Series F, 5.00%, 11/01/32 (PR 11/01/25) |
7,525 | 7,808,677 | ||||||
|
|
|
|||||||
| 31,610,221 | ||||||||
| Missouri — 1.6% | ||||||||
|
City of Springfield MO Public Utility Revenue RB, 5.00%, 08/01/25 |
10,000 | 10,278,459 | ||||||
|
Metropolitan St Louis Sewer District RB |
||||||||
|
5.00%, 05/01/29 (PR 05/01/25) |
1,300 | 1,336,897 | ||||||
|
Series A, 5.00%, 05/01/25 |
525 | 539,216 | ||||||
|
Series A, 5.00%, 05/01/26 |
3,770 | 3,943,129 | ||||||
|
Missouri Highway & Transportation Commission RB |
||||||||
|
5.00%, 11/01/23 |
12,000 | 12,029,267 | ||||||
|
5.00%, 05/01/25 |
16,465 | 16,910,855 | ||||||
|
5.00%, 11/01/25 |
4,775 | 4,946,926 | ||||||
|
5.00%, 05/01/26 |
15,000 | 15,747,458 | ||||||
|
5.00%, 11/01/26 |
5,230 | 5,536,948 | ||||||
|
5.00%, 05/01/27 |
15,000 | 16,079,204 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
93 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® Short-Term National Muni Bond ETF (Percentages shown are based on Net Assets) |
|
Security |
Par (000) |
Value |
||||||
| Missouri (continued) | ||||||||
|
Series A, 5.00%, 05/01/24 |
$ | 9,920 | $ | 10,024,170 | ||||
|
Series A, 5.00%, 05/01/26 |
12,890 | 13,532,315 | ||||||
|
Series A, 5.00%, 05/01/26 (Call 05/01/24) |
1,575 | 1,591,846 | ||||||
|
Missouri State Board of Public Buildings GO, 5.00%, 10/01/27 |
4,120 | 4,422,482 | ||||||
|
Missouri State Board of Public Buildings RB, Series B, 5.00%, 10/01/24 |
15,000 | 15,274,956 | ||||||
|
Missouri State Environmental Improvement & Energy Resources Authority RB, Series A, 5.00%, 01/01/24 |
540 | 542,939 | ||||||
|
Park Hill School District of Platte County GO, 3.38%, 03/01/37 (PR 03/01/26) (ST AID DIR DEP) |
11,400 | 11,456,635 | ||||||
|
|
|
|||||||
| 144,193,702 | ||||||||
| Nebraska — 0.3% | ||||||||
|
Douglas County School District No. 17/NE GO |
||||||||
|
4.00%, 06/15/32 (PR 06/15/25) |
1,965 | 1,989,599 | ||||||
|
4.00%, 06/15/33 (PR 06/15/25) |
2,010 | 2,035,162 | ||||||
|
4.00%, 06/15/34 (PR 06/15/25) |
2,050 | 2,075,663 | ||||||
|
4.00%, 06/15/35 (PR 06/15/25) |
7,000 | 7,087,630 | ||||||
|
Nebraska Public Power District RB |
||||||||
|
5.00%, 01/01/27 |
785 | 827,994 | ||||||
|
5.00%, 07/01/28 (Call 01/01/28) |
2,170 | 2,330,485 | ||||||
|
Series C, 5.00%, 01/01/24 |
6,695 | 6,728,190 | ||||||
|
Omaha Public Power District RB |
||||||||
|
5.00%, 02/01/27 (Call 02/01/26) |
1,200 | 1,250,426 | ||||||
|
Series B, 5.00%, 02/01/31 (PR 08/01/24) |
3,405 | 3,454,468 | ||||||
|
|
|
|||||||
| 27,779,617 | ||||||||
| Nevada — 1.2% | ||||||||
|
Clark County School District GOL |
||||||||
|
5.00%, 06/15/25 |
6,875 | 7,053,977 | ||||||
|
5.00%, 06/15/27 |
5,245 | 5,569,286 | ||||||
|
Series A, 5.00%, 06/15/24 |
770 | 777,990 | ||||||
|
Series B, 5.00%, 06/15/26 |
7,835 | 8,182,658 | ||||||
|
Series D, 5.00%, 06/15/24 |
200 | 202,075 | ||||||
|
County of Clark Department of Aviation RB |
||||||||
|
5.00%, 07/01/24 |
1,615 | 1,634,562 | ||||||
|
5.00%, 07/01/26 |
2,060 | 2,161,670 | ||||||
|
County of Clark NV GOL |
||||||||
|
5.00%, 11/01/37 (PR 11/01/23) |
5,000 | 5,012,195 | ||||||
|
5.00%, 11/01/38 (PR 11/01/23) |
3,520 | 3,528,585 | ||||||
|
Series A, 5.00%, 06/01/24 |
150 | 151,774 | ||||||
|
Series A, 5.00%, 11/01/24 |
1,030 | 1,049,197 | ||||||
|
Series B, 5.00%, 11/01/27 (Call 11/01/26) |
15,030 | 15,829,392 | ||||||
|
County of Clark NV RB, 5.00%, 07/01/26 |
1,465 | 1,536,496 | ||||||
|
County of Washoe NV GOL |
||||||||
|
5.00%, 07/01/26 |
5,045 | 5,291,208 | ||||||
|
5.00%, 07/01/27 |
1,535 | 1,639,765 | ||||||
|
Las Vegas Valley Water District GOL |
||||||||
|
5.00%, 06/01/24 |
3,835 | 3,881,768 | ||||||
|
Series A, 5.00%, 06/01/25 |
13,270 | 13,659,533 | ||||||
|
Series A, 5.00%, 06/01/26 |
9,825 | 10,300,822 | ||||||
|
Series B, 5.00%, 06/01/24 |
3,000 | 3,036,585 | ||||||
|
Series C, 5.00%, 06/01/25 |
8,705 | 8,960,530 | ||||||
|
State of Nevada GOL |
||||||||
|
5.00%, 11/01/23 |
3,000 | 3,007,412 | ||||||
|
5.00%, 08/01/25 |
5,030 | 5,183,199 | ||||||
|
5.00%, 05/01/26 |
120 | 125,667 | ||||||
|
Series B, 5.00%, 11/01/25 (Call 05/01/25) |
50 | 51,373 | ||||||
|
Series B, 5.00%, 11/01/26 (Call 05/01/25) |
520 | 534,617 | ||||||
|
Series D, 5.00%, 04/01/24 |
2,015 | 2,033,739 | ||||||
|
Security |
Par (000) |
Value |
||||||
| Nevada (continued) | ||||||||
|
Series D, 5.00%, 04/01/25 |
$ | 135 | $ | 138,675 | ||||
|
Series D, 5.00%, 04/01/27 (Call 04/01/25) |
155 | 159,019 | ||||||
|
State of Nevada Highway Improvement Revenue RB |
||||||||
|
5.00%, 12/01/24 |
3,455 | 3,531,793 | ||||||
|
5.00%, 12/01/25 |
270 | 280,451 | ||||||
|
|
|
|||||||
| 114,506,013 | ||||||||
| New Hampshire — 0.2% | ||||||||
|
State of New Hampshire GO |
||||||||
|
5.00%, 02/15/27 |
2,475 | 2,634,778 | ||||||
|
Series C, 5.00%, 12/01/25 |
2,810 | 2,921,862 | ||||||
|
Series D, 5.00%, 12/01/24 |
10,000 | 10,221,040 | ||||||
|
|
|
|||||||
| 15,777,680 | ||||||||
| New Jersey — 4.1% | ||||||||
|
County of Monmouth NJ GO |
||||||||
|
5.00%, 01/15/25 |
7,275 | 7,446,425 | ||||||
|
5.00%, 01/15/26 |
7,125 | 7,431,607 | ||||||
|
5.00%, 01/15/28 |
4,620 | 5,019,217 | ||||||
|
Series B, 5.00%, 01/15/26 |
4,000 | 4,172,130 | ||||||
|
Monmouth County Improvement Authority (The) RB, Series B, 5.00%, 12/01/24 (GTD) |
1,500 | 1,533,708 | ||||||
|
New Jersey Economic Development Authority |
||||||||
|
5.00%, 11/01/27 |
1,235 | 1,313,226 | ||||||
|
5.25%, 06/15/27 (Call 06/15/25) |
1,065 | 1,095,056 | ||||||
|
5.25%, 06/15/27 (PR 06/15/25) |
1,235 | 1,280,151 | ||||||
|
5.50%, 06/15/32 (PR 12/15/26) |
5,000 | 5,373,418 | ||||||
|
New Jersey Economic Development Authority RB |
||||||||
|
5.00%, 06/15/26 |
3,555 | 3,698,745 | ||||||
|
5.00%, 03/01/28 |
6,000 | 6,410,958 | ||||||
|
5.00%, 06/15/31 (PR 06/15/27) |
1,500 | 1,607,387 | ||||||
|
5.00%, 06/15/32 (PR 06/15/27) |
1,000 | 1,071,591 | ||||||
|
Series B, 5.00%, 11/01/23 (SAP) |
14,490 | 14,518,484 | ||||||
|
Series B, 5.00%, 11/01/25 |
5,700 | 5,859,981 | ||||||
|
Series B, 5.00%, 11/01/26 (SAP) |
2,750 | 2,878,668 | ||||||
|
Series BBB, 5.50%, 06/15/30 (PR 12/15/26) |
13,160 | 14,142,835 | ||||||
|
Series D, 5.00%, 06/15/25 |
1,000 | 1,023,948 | ||||||
|
Series N-1, 5.50%, 09/01/24 (AMBAC) |
5,850 | 5,954,139 | ||||||
|
Series N-1, 5.50%, 09/01/25 (AGM) |
3,475 | 3,610,667 | ||||||
|
Series WW, 5.25%, 06/15/31 (PR 06/15/25) (SAP) |
1,525 | 1,580,753 | ||||||
|
Series XX, 4.25%, 06/15/26 (Call 06/15/25) |
715 | 718,626 | ||||||
|
Series XX, 5.00%, 06/15/25 |
9,250 | 9,471,515 | ||||||
|
New Jersey Educational Facilities Authority RB |
||||||||
|
5.00%, 07/01/25 |
1,640 | 1,692,919 | ||||||
|
5.00%, 07/01/26 |
2,005 | 2,112,280 | ||||||
|
5.00%, 03/01/27 |
19,530 | 20,889,550 | ||||||
|
Series A, 5.00%, 07/01/25 |
4,565 | 4,712,301 | ||||||
|
Series B, 5.00%, 07/01/25 |
2,290 | 2,363,893 | ||||||
|
Series B, 5.00%, 07/01/26 |
355 | 373,995 | ||||||
|
Series C, 5.00%, 03/01/24 |
450 | 454,001 | ||||||
|
Series C, 5.00%, 03/01/26 |
6,770 | 7,089,763 | ||||||
|
New Jersey Transportation Trust Fund Authority RB |
||||||||
|
0.00%, 12/15/27 (BHAC-CR MBIA)(b) |
15,375 | 13,158,365 | ||||||
|
5.00%, 06/15/24 |
5,000 | 5,051,882 | ||||||
|
5.00%, 12/15/24 |
17,930 | 18,233,101 | ||||||
|
5.00%, 12/15/25 |
6,130 | 6,326,913 | ||||||
|
5.00%, 06/15/28 |
4,920 | 5,280,753 | ||||||
|
Series A, 0.00%, 12/15/23(b) |
2,525 | 2,499,211 | ||||||
|
Series A, 0.00%, 12/15/26(b) |
765 | 677,271 | ||||||
|
Series A, 5.00%, 12/15/23 |
1,155 | 1,159,176 | ||||||
|
Series A, 5.00%, 06/15/24 |
13,080 | 13,222,760 | ||||||
| 94 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® Short-Term National Muni Bond ETF (Percentages shown are based on Net Assets) |
|
Security |
Par (000) |
Value |
||||||
| New Jersey (continued) | ||||||||
|
Series A, 5.00%, 06/15/25 |
$ | 4,120 | $ | 4,218,664 | ||||
|
Series A, 5.00%, 06/15/26 |
1,055 | 1,097,659 | ||||||
|
Series A, 5.00%, 12/15/26 |
2,085 | 2,186,742 | ||||||
|
Series A, 5.00%, 12/15/27 |
3,500 | 3,728,234 | ||||||
|
Series A, 5.50%, 12/15/23 |
9,185 | 9,230,734 | ||||||
|
Series A-1, 5.00%, 06/15/24 |
4,645 | 4,695,697 | ||||||
|
Series A-1, 5.00%, 06/15/27 (Call 06/15/26) |
1,320 | 1,373,199 | ||||||
|
Series AA, 5.00%, 06/15/24 |
15,000 | 15,152,190 | ||||||
|
Series B, 5.00%, 06/15/27 |
4,030 | 4,260,443 | ||||||
|
Series B, 5.25%, 12/15/23 (AMBAC) |
7,015 | 7,045,146 | ||||||
|
Series C, 0.00%, 12/15/24 (AMBAC)(b) |
1,175 | 1,120,106 | ||||||
|
Series C, 0.00%, 12/15/25 (AMBAC)(b) |
17,240 | 15,828,142 | ||||||
|
Series C, 0.00%, 12/15/26 (AMBAC)(b) |
975 | 863,188 | ||||||
|
Series D, 5.00%, 12/15/23 |
2,345 | 2,353,478 | ||||||
|
Series D, 5.00%, 12/15/24 |
475 | 483,030 | ||||||
|
Series D, 5.25%, 12/15/23 |
6,620 | 6,648,448 | ||||||
|
New Jersey Turnpike Authority RB |
||||||||
|
5.00%, 01/01/27 |
2,950 | 3,126,852 | ||||||
|
Series C, 5.00%, 01/01/25 |
3,160 | 3,229,351 | ||||||
|
Series C-2, 5.50%, 01/01/25 (AMBAC) |
3,540 | 3,641,322 | ||||||
|
State of New Jersey GO |
||||||||
|
2.00%, 06/01/24 |
4,810 | 4,732,998 | ||||||
|
4.00%, 06/01/27 (Call 10/02/23) |
3,000 | 3,001,719 | ||||||
|
5.00%, 06/01/26 (Call 06/01/25) |
420 | 431,956 | ||||||
|
5.00%, 06/01/32 (PR 06/01/25) |
2,355 | 2,423,324 | ||||||
|
Series A, 5.00%, 06/01/24 |
8,140 | 8,239,865 | ||||||
|
Series A, 5.00%, 06/01/25 |
24,975 | 25,691,038 | ||||||
|
Series A, 5.00%, 06/01/26 |
18,670 | 19,534,161 | ||||||
|
Series A, 5.00%, 06/01/27 |
11,940 | 12,708,081 | ||||||
|
|
|
|||||||
| 379,557,136 | ||||||||
| New Mexico — 0.7% | ||||||||
|
New Mexico Finance Authority RB |
||||||||
|
5.00%, 06/15/26 |
2,815 | 2,953,477 | ||||||
|
5.00%, 06/15/27 (Call 06/15/24) |
5,245 | 5,309,513 | ||||||
|
Series A, 5.00%, 06/15/24 |
6,730 | 6,819,006 | ||||||
|
Series A, 5.00%, 06/15/25 |
2,485 | 2,561,837 | ||||||
|
Series A, 5.00%, 06/15/26 |
2,325 | 2,428,166 | ||||||
|
Series E, 5.00%, 06/15/24 |
1,845 | 1,869,401 | ||||||
|
State of New Mexico GO |
||||||||
|
5.00%, 03/01/24 |
225 | 226,847 | ||||||
|
5.00%, 03/01/25 |
8,290 | 8,499,798 | ||||||
|
Series A, 5.00%, 03/01/24 |
1,050 | 1,058,622 | ||||||
|
Series B, 5.00%, 03/01/24 |
650 | 655,337 | ||||||
|
State of New Mexico Severance Tax Permanent Fund RB |
||||||||
|
5.00%, 07/01/24 |
4,800 | 4,862,828 | ||||||
|
5.00%, 07/01/25 |
4,645 | 4,783,226 | ||||||
|
5.00%, 07/01/26 |
15,000 | 15,761,043 | ||||||
|
Series A, 5.00%, 07/01/26 |
5,085 | 5,342,994 | ||||||
|
|
|
|||||||
| 63,132,095 | ||||||||
| New York — 11.4% | ||||||||
|
Battery Park City Authority RB |
||||||||
|
5.00%, 11/01/28 |
2,000 | 2,210,811 | ||||||
|
Series A, 5.00%, 11/01/25 (Call 11/01/23) |
2,020 | 2,024,927 | ||||||
|
Series D-2, VRDN, 4.00%, 11/01/38 (Put 08/31/23)(a) |
1,970 | 1,970,000 | ||||||
|
City of New York NY GO |
||||||||
|
3.00%, 08/01/26 |
50 | 49,612 | ||||||
|
5.00%, 06/01/24 |
1,200 | 1,215,338 | ||||||
|
5.00%, 08/01/26 |
10,075 | 10,604,267 | ||||||
|
Security |
Par (000) |
Value |
||||||
| New York (continued) | ||||||||
|
5.00%, 09/01/26 |
$ | 1,245 | $ | 1,312,669 | ||||
|
5.00%, 08/01/27 |
5,210 | 5,584,674 | ||||||
|
5.00%, 11/01/27 |
16,000 | 17,233,282 | ||||||
|
5.00%, 08/01/28 |
4,925 | 5,369,396 | ||||||
|
VRDN, 3.95%, 12/01/47 (Put 08/31/23)(a) |
20,000 | 20,000,000 | ||||||
|
Series 1, 5.00%, 08/01/24 |
850 | 863,339 | ||||||
|
Series 1, 5.00%, 08/01/25 |
895 | 925,107 | ||||||
|
Series 1, 5.00%, 08/01/26 |
2,480 | 2,610,281 | ||||||
|
Series A, 5.00%, 08/01/24 |
1,965 | 1,995,838 | ||||||
|
Series A, 5.00%, 08/01/25 |
1,365 | 1,410,918 | ||||||
|
Series A, 5.00%, 08/01/25 (Call 08/01/24) |
1,670 | 1,697,090 | ||||||
|
Series A, 5.00%, 08/01/26 |
840 | 884,127 | ||||||
|
Series A, 5.00%, 08/01/27 |
200 | 214,383 | ||||||
|
Series A-1, 5.00%, 08/01/24 |
7,470 | 7,587,231 | ||||||
|
Series A-1, 5.00%, 08/01/25 |
2,310 | 2,391,177 | ||||||
|
Series A-1, 5.00%, 08/01/26 |
3,590 | 3,778,592 | ||||||
|
Series A-1, 5.00%, 08/01/27 |
12,675 | 13,586,518 | ||||||
|
Series A-2015, 5.00%, 08/01/24 |
5,185 | 5,266,371 | ||||||
|
Series B-1, 5.00%, 08/01/24 |
1,910 | 1,939,975 | ||||||
|
Series B-1, 5.00%, 08/01/25 |
520 | 537,493 | ||||||
|
Series B-1, 5.00%, 10/01/25 |
675 | 699,199 | ||||||
|
Series B-1, 5.00%, 08/01/26 |
145 | 152,617 | ||||||
|
Series B-1, 5.00%, 08/01/27 |
3,605 | 3,864,252 | ||||||
|
Series C, 5.00%, 08/01/24 |
14,730 | 14,961,165 | ||||||
|
Series C, 5.00%, 08/01/25 |
7,710 | 7,969,360 | ||||||
|
Series C, 5.00%, 08/01/26 |
3,360 | 3,536,510 | ||||||
|
Series C-1, 5.00%, 08/01/24 |
5,345 | 5,428,882 | ||||||
|
Series C-1, 5.00%, 08/01/25 |
6,135 | 6,341,378 | ||||||
|
Series E, 5.00%, 08/01/24 |
2,660 | 2,701,744 | ||||||
|
Series E, 5.00%, 08/01/25 |
7,510 | 7,762,633 | ||||||
|
Series E, 5.00%, 08/01/26 |
2,640 | 2,778,686 | ||||||
|
Series F-1, 5.00%, 06/01/25 |
995 | 1,025,571 | ||||||
|
Series J, 5.00%, 08/01/24 |
585 | 594,181 | ||||||
|
Series J, 5.00%, 08/01/26 |
635 | 668,358 | ||||||
|
Series J-10, 5.00%, 08/01/26 |
805 | 847,289 | ||||||
|
Series J-4, 5.00%, 08/01/24 |
1,825 | 1,853,641 | ||||||
|
City of New York NY GOL |
||||||||
|
Series F-1, 4.00%, 03/01/25 |
7,200 | 7,284,667 | ||||||
|
Series F-1, 5.00%, 03/01/26 |
4,025 | 4,201,335 | ||||||
|
Series F-1, 5.00%, 03/01/27 |
2,710 | 2,881,048 | ||||||
|
Hudson Yards Infrastructure Corp. RB |
||||||||
|
Series A, 5.00%, 02/15/24 |
260 | 262,073 | ||||||
|
Series A, 5.00%, 02/15/25 |
1,820 | 1,867,730 | ||||||
|
Series A, 5.00%, 02/15/26 |
510 | 532,616 | ||||||
|
Series A, 5.00%, 02/15/27 |
10,000 | 10,659,069 | ||||||
|
Long Island Power Authority RB |
||||||||
|
0.00%, 12/01/26 (AGM)(b) |
1,500 | 1,337,778 | ||||||
|
1.00%, 09/01/25 (Call 10/02/23) |
8,075 | 7,522,751 | ||||||
|
5.00%, 09/01/28 |
3,335 | 3,656,275 | ||||||
|
Series A, 5.00%, 09/01/26 |
810 | 856,163 | ||||||
|
Series A, 5.00%, 09/01/27 |
1,800 | 1,939,035 | ||||||
|
Series B, VRDN, 0.85%, 09/01/50 (Put 03/01/25)(a) |
7,000 | 6,562,170 | ||||||
|
Series B, VRDN, 1.50%, 09/01/51 (Put 03/01/26)(a) |
390 | 359,651 | ||||||
|
Series B, VRDN, 1.65%, 09/01/49 (Call 03/01/24)(a) |
1,425 | 1,392,302 | ||||||
|
Metropolitan Transportation Authority RB |
||||||||
|
5.00%, 11/15/26 |
12,795 | 13,286,976 | ||||||
|
Series A-1, 5.00%, 11/15/24 |
2,000 | 2,029,979 | ||||||
|
Series A2, 5.00%, 11/15/25 |
4,850 | 4,979,176 | ||||||
|
Series A-2, 5.00%, 11/15/23 |
1,265 | 1,268,296 | ||||||
|
Series B, 5.00%, 11/15/23 |
3,135 | 3,143,136 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
95 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® Short-Term National Muni Bond ETF (Percentages shown are based on Net Assets) |
|
Security |
Par (000) |
Value |
||||||
| New York (continued) | ||||||||
|
Series B, 5.00%, 11/15/24 |
$ | 1,600 | $ | 1,623,983 | ||||
|
Series B, 5.00%, 11/15/25 |
2,275 | 2,335,593 | ||||||
|
Series C, 5.00%, 11/15/23 |
4,800 | 4,812,508 | ||||||
|
Series C, 5.00%, 11/15/25 (PR 11/15/24) |
2,175 | 2,219,434 | ||||||
|
Series C-1, 5.00%, 11/15/23 |
565 | 566,467 | ||||||
|
Series C-1, 5.00%, 11/15/24 |
13,600 | 13,803,857 | ||||||
|
Series C-1, 5.00%, 11/15/25 |
3,530 | 3,624,019 | ||||||
|
Series C-1, 5.00%, 11/15/26 |
9,430 | 9,792,590 | ||||||
|
Series D, 5.00%, 11/15/27 (Call 11/15/26) |
1,300 | 1,344,919 | ||||||
|
Series D-1, VRDN, 5.00%, 11/15/34(a) |
5,000 | 5,062,799 | ||||||
|
Series F, 5.00%, 11/15/24 |
1,000 | 1,014,990 | ||||||
|
Series F, 5.00%, 11/15/25 |
1,880 | 1,930,072 | ||||||
|
New York City Municipal Water Finance Authority RB |
||||||||
|
5.00%, 06/15/25 |
700 | 722,012 | ||||||
|
5.00%, 06/15/27 (Call 06/15/25) |
10 | 10,297 | ||||||
|
5.00%, 06/15/27 (Call 12/15/25) |
145 | 150,661 | ||||||
|
VRDN, 3.90%, 06/15/49 (Put 08/31/23)(a) |
10,000 | 10,000,000 | ||||||
|
Series BB2, 4.00%, 06/15/24 |
2,080 | 2,093,597 | ||||||
|
Series BB-2, 5.00%, 06/15/25 (Call 12/15/23) |
6,850 | 6,883,964 | ||||||
|
Series BB-2, 5.00%, 06/15/26 (Call 12/15/24) |
935 | 954,214 | ||||||
|
Series CC, VRDN, 3.90%, 06/15/41 (Put 08/31/23)(a) |
1,700 | 1,700,000 | ||||||
|
Series CC-2, 5.00%, 06/15/25 |
855 | 881,886 | ||||||
|
Series CC-2, 5.00%, 06/15/27 (Call 12/15/25) |
4,295 | 4,462,696 | ||||||
|
Series DD, 5.00%, 06/15/25 |
8,130 | 8,385,656 | ||||||
|
Series DD, 5.00%, 06/15/26 |
13,270 | 13,974,283 | ||||||
|
Series DD, VRDN, 3.90%, 06/15/43 (Put 08/31/23)(a) |
15,000 | 15,000,000 | ||||||
|
Series DD-2, 5.00%, 06/15/25 (Call 12/15/23) |
1,005 | 1,009,983 | ||||||
|
New York City Transitional Finance Authority Building Aid Revenue RB |
||||||||
|
5.00%, 07/15/24 (SAW) |
150 | 152,198 | ||||||
|
5.00%, 07/15/25 (SAW) |
125 | 128,850 | ||||||
|
5.00%, 07/15/26 (SAW) |
470 | 494,637 | ||||||
|
5.00%, 07/15/26 (ETM) (SAW) |
1,565 | 1,644,582 | ||||||
|
5.00%, 07/15/27 (SAW) |
75 | 80,520 | ||||||
|
5.00%, 07/15/27 (Call 07/15/25) (SAW) |
150 | 154,565 | ||||||
|
Series B-1, 5.00%, 07/15/27 (SAW) |
255 | 273,768 | ||||||
|
Series S, 4.00%, 07/15/24 (SAW) |
310 | 311,931 | ||||||
|
Series S-1, 5.00%, 07/15/25 (SAW) |
135 | 139,324 | ||||||
|
Series S-3, 5.00%, 07/15/24 (SAW) |
1,485 | 1,506,764 | ||||||
|
Series S-3, 5.00%, 07/15/25 (SAW) |
865 | 891,641 | ||||||
|
Series S-3, 5.00%, 07/15/27 (SAW) |
200 | 214,720 | ||||||
|
Series S-4A, 5.00%, 07/15/27 (SAW) |
55 | 59,048 | ||||||
|
New York City Transitional Finance Authority Future Tax Secured Revenue RB |
||||||||
|
4.00%, 08/01/25 |
550 | 558,208 | ||||||
|
5.00%, 11/01/23 |
8,535 | 8,554,065 | ||||||
|
5.00%, 05/01/24 |
455 | 460,104 | ||||||
|
5.00%, 11/01/24 |
16,905 | 17,241,310 | ||||||
|
5.00%, 02/01/25 |
340 | 348,238 | ||||||
|
5.00%, 08/01/25 |
2,115 | 2,185,354 | ||||||
|
5.00%, 11/01/25 |
2,620 | 2,718,769 | ||||||
|
5.00%, 05/01/26 |
2,655 | 2,783,837 | ||||||
|
5.00%, 08/01/26 |
945 | 995,989 | ||||||
|
5.00%, 11/01/26 |
32,770 | 34,713,546 | ||||||
|
5.00%, 11/01/26 (Call 05/01/24) |
6,800 | 6,859,484 | ||||||
|
5.00%, 08/01/27 |
3,020 | 3,245,252 | ||||||
|
5.00%, 11/01/27 |
31,685 | 34,217,328 | ||||||
|
5.00%, 11/01/28 |
5,435 | 5,953,170 | ||||||
|
Series A-1, 5.00%, 05/01/24 |
3,405 | 3,443,193 | ||||||
|
Series A-1, 5.00%, 08/01/24 |
2,330 | 2,366,148 | ||||||
|
Security |
Par (000) |
Value |
||||||
| New York (continued) | ||||||||
|
Series A-1, 5.00%, 08/01/25 |
$ | 1,185 | $ | 1,224,863 | ||||
|
Series A-1, 5.00%, 11/01/25 |
3,160 | 3,279,126 | ||||||
|
Series A-1, 5.00%, 11/01/26 |
10,395 | 11,011,514 | ||||||
|
Series A-4, VRDN, 4.00%, 08/01/45 (Put 09/01/23)(a) |
15,000 | 15,000,000 | ||||||
|
Series C, 5.00%, 11/01/23 |
1,050 | 1,052,346 | ||||||
|
Series C, 5.00%, 11/01/24 |
215 | 219,277 | ||||||
|
Series C, 5.00%, 11/01/25 |
1,390 | 1,442,401 | ||||||
|
Series C, 5.00%, 11/01/25 (Call 05/01/25) |
935 | 958,798 | ||||||
|
Series C, 5.00%, 11/01/26 |
485 | 513,765 | ||||||
|
Series C, 5.00%, 11/01/26 (Call 05/01/25) |
1,600 | 1,640,204 | ||||||
|
Series C, 5.00%, 11/01/26 (Call 11/01/25) |
3,475 | 3,591,319 | ||||||
|
Series D-S, 5.00%, 11/01/23 |
305 | 305,681 | ||||||
|
New York City Water & Sewer System RB |
||||||||
|
5.00%, 06/15/26 (PR 06/15/25) |
55 | 56,717 | ||||||
|
Series AA1, VRDN, 4.00%, 06/15/50 (Put 08/31/23)(a) |
25,000 | 25,000,000 | ||||||
|
Series GG-2, 5.00%, 06/15/26 (Call 12/15/24) |
5,005 | 5,107,854 | ||||||
|
New York Power Authority RB |
||||||||
|
5.00%, 11/15/24 (AGM) |
1,420 | 1,450,738 | ||||||
|
5.00%, 11/15/25 (AGM) |
1,450 | 1,509,871 | ||||||
|
New York State Dormitory Authority RB |
||||||||
|
5.00%, 03/15/25 |
5,755 | 5,905,433 | ||||||
|
5.00%, 10/01/25 |
2,240 | 2,324,872 | ||||||
|
5.00%, 02/15/26 |
3,640 | 3,795,305 | ||||||
|
5.00%, 02/15/26 (ETM) |
395 | 411,696 | ||||||
|
5.00%, 02/15/27 |
220 | 233,388 | ||||||
|
5.00%, 02/15/27 (ETM) |
4,585 | 4,874,584 | ||||||
|
5.00%, 03/15/28 |
46,365 | 50,111,148 | ||||||
|
Series 1, 5.00%, 03/15/25 |
1,865 | 1,913,670 | ||||||
|
Series 2015, 5.00%, 03/15/26 (PR 09/15/25) |
1,340 | 1,389,674 | ||||||
|
Series A, 5.00%, 10/01/23 (SAW) |
265 | 265,319 | ||||||
|
Series A, 5.00%, 02/15/24 |
2,975 | 2,997,525 | ||||||
|
Series A, 5.00%, 03/15/24 |
22,790 | 22,997,424 | ||||||
|
Series A, 5.00%, 07/01/24 |
2,010 | 2,038,111 | ||||||
|
Series A, 5.00%, 10/01/24 (SAW) |
510 | 519,349 | ||||||
|
Series A, 5.00%, 02/15/25 |
485 | 496,816 | ||||||
|
Series A, 5.00%, 02/15/25 (PR 02/15/24) |
4,425 | 4,458,504 | ||||||
|
Series A, 5.00%, 03/15/25 |
11,450 | 11,749,673 | ||||||
|
Series A, 5.00%, 03/15/25 (PR 03/15/24) |
310 | 312,957 | ||||||
|
Series A, 5.00%, 03/15/26 |
6,025 | 6,293,541 | ||||||
|
Series A, 5.00%, 03/15/26 (PR 03/15/25) |
2,045 | 2,100,215 | ||||||
|
Series A, 5.00%, 03/15/27 |
15,250 | 16,242,036 | ||||||
|
Series A, 5.00%, 03/15/28 (Call 09/15/26) |
1,200 | 1,256,977 | ||||||
|
Series B, 5.00%, 02/15/24 |
1,145 | 1,153,669 | ||||||
|
Series B, 5.00%, 02/15/25 |
280 | 286,891 | ||||||
|
Series C, 5.00%, 03/15/24 |
6,905 | 6,968,445 | ||||||
|
Series C, 5.00%, 03/15/25 |
2,295 | 2,358,350 | ||||||
|
Series C, 5.00%, 03/15/25 (PR 03/15/24) |
905 | 913,157 | ||||||
|
Series C, 5.00%, 03/15/26 |
505 | 529,083 | ||||||
|
Series C, 5.00%, 03/15/27 |
4,575 | 4,895,242 | ||||||
|
Series D, 5.00%, 02/15/24 |
4,595 | 4,628,175 | ||||||
|
Series D, 5.00%, 02/15/25 |
7,040 | 7,213,381 | ||||||
|
Series D, 5.00%, 02/15/26 |
3,110 | 3,242,692 | ||||||
|
Series E, 5.00%, 03/15/24 |
2,795 | 2,820,191 | ||||||
|
Series E, 5.00%, 02/15/25 |
2,850 | 2,920,144 | ||||||
|
Series E, 5.00%, 03/15/25 |
300 | 307,829 | ||||||
|
Series E, 5.00%, 03/15/26 |
14,425 | 15,065,471 | ||||||
|
Series E, 5.00%, 03/15/26 (Call 09/15/25) |
3,060 | 3,151,904 | ||||||
|
New York State Environmental Facilities Corp. RB |
||||||||
|
4.00%, 06/15/26 |
25 | 25,659 | ||||||
|
5.00%, 06/15/24 |
425 | 430,949 | ||||||
| 96 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® Short-Term National Muni Bond ETF (Percentages shown are based on Net Assets) |
|
Security |
Par (000) |
Value |
||||||
| New York (continued) | ||||||||
|
5.00%, 06/15/25 |
$ | 2,025 | $ | 2,090,453 | ||||
|
5.00%, 09/15/25 (Call 03/15/25) |
1,590 | 1,631,535 | ||||||
|
5.00%, 06/15/26 (Call 06/15/24) |
415 | 419,945 | ||||||
|
5.00%, 06/15/27 |
7,245 | 7,791,745 | ||||||
|
New York State Thruway Authority RB |
||||||||
|
5.00%, 01/01/27 (Call 01/01/26) |
500 | 517,919 | ||||||
|
Series A-1, 5.00%, 03/15/25 |
4,935 | 5,063,998 | ||||||
|
Series A-1, 5.00%, 03/15/26 |
5,025 | 5,254,141 | ||||||
|
Series J, 5.00%, 01/01/24 |
740 | 744,123 | ||||||
|
Series J, 5.00%, 01/01/25 (Call 01/01/24) |
2,620 | 2,634,578 | ||||||
|
Series K, 5.00%, 01/01/24 |
390 | 392,173 | ||||||
|
Series L, 5.00%, 01/01/24 |
165 | 165,919 | ||||||
|
Series L, 5.00%, 01/01/26 |
1,150 | 1,197,226 | ||||||
|
New York State Urban Development Corp. RB |
||||||||
|
5.00%, 03/15/25 |
6,815 | 6,993,141 | ||||||
|
5.00%, 03/15/25 (ETM) |
25 | 25,652 | ||||||
|
5.00%, 03/15/25 (PR 03/15/24) |
130 | 131,172 | ||||||
|
5.00%, 03/15/26 |
33,230 | 34,695,882 | ||||||
|
5.00%, 03/15/27 |
4,020 | 4,274,226 | ||||||
|
5.00%, 09/15/27 |
25,080 | 26,929,309 | ||||||
|
5.00%, 09/15/28 |
27,000 | 29,474,915 | ||||||
|
Series A, 5.00%, 03/15/24 |
8,255 | 8,327,421 | ||||||
|
Series A, 5.00%, 03/15/25 |
905 | 928,656 | ||||||
|
Series A, 5.00%, 03/15/26 |
5,070 | 5,293,654 | ||||||
|
Series A, 5.00%, 03/15/28 (Call 03/15/27) |
2,505 | 2,653,876 | ||||||
|
Series A-2, 5.50%, 03/15/24 (NPFGC) |
3,835 | 3,879,720 | ||||||
|
Series C-1, 5.00%, 03/15/26 |
1,010 | 1,054,554 | ||||||
|
Series C-1, 5.00%, 03/15/27 |
11,400 | 12,120,938 | ||||||
|
Series E, 5.00%, 03/15/24 |
4,110 | 4,147,264 | ||||||
|
Series E, 5.00%, 03/15/25 |
5,175 | 5,310,272 | ||||||
|
Series E, 5.00%, 03/15/26 |
10,000 | 10,441,132 | ||||||
|
Port Authority of New York & New Jersey RB |
||||||||
|
4.00%, 12/01/23 |
1,335 | 1,337,217 | ||||||
|
4.00%, 12/01/25 |
355 | 361,210 | ||||||
|
4.00%, 12/01/26 |
415 | 427,506 | ||||||
|
4.00%, 12/01/27 |
665 | 692,994 | ||||||
|
5.00%, 11/15/26 |
575 | 609,763 | ||||||
|
5.00%, 07/15/27 |
510 | 548,114 | ||||||
|
5.00%, 10/15/27 (Call 10/15/25) |
345 | 356,989 | ||||||
|
Series 179, 5.00%, 12/01/23 |
220 | 220,882 | ||||||
|
Series 179, 5.00%, 12/01/25 (Call 12/01/23) |
1,065 | 1,068,887 | ||||||
|
Series 189, 5.00%, 05/01/26 (Call 05/01/25) |
210 | 215,652 | ||||||
|
Series 194, 5.00%, 10/15/25 |
1,050 | 1,088,228 | ||||||
|
Series 195, 5.00%, 10/15/26 (Call 10/15/25) |
270 | 279,439 | ||||||
|
Series 205, 5.00%, 11/15/24 |
705 | 719,427 | ||||||
|
Series 205, 5.00%, 11/15/25 |
1,220 | 1,266,423 | ||||||
|
Sales Tax Asset Receivable Corp. RB |
||||||||
|
Series A, 5.00%, 10/15/24 |
1,320 | 1,344,321 | ||||||
|
Series A, 5.00%, 10/15/25 (PR 10/15/24) |
375 | 381,909 | ||||||
|
Triborough Bridge & Tunnel Authority RB |
||||||||
|
4.00%, 05/15/26 |
5,000 | 5,113,294 | ||||||
|
5.00%, 11/15/23 |
300 | 300,935 | ||||||
|
5.00%, 08/15/24 |
10,000 | 10,150,795 | ||||||
|
5.00%, 11/15/27 |
9,000 | 9,686,177 | ||||||
|
5.00%, 11/15/27 (Call 08/15/27) |
11,270 | 12,102,992 | ||||||
|
5.00%, 11/15/28 (08/15/28) |
5,000 | 5,461,162 | ||||||
|
Series A, 5.00%, 11/15/23 |
570 | 571,777 | ||||||
|
Series A, 5.00%, 11/15/23 (Call 10/02/23) |
2,270 | 2,272,505 | ||||||
|
Series A, 5.00%, 11/15/24 |
670 | 683,158 | ||||||
|
Series A, 5.00%, 11/01/25 |
2,435 | 2,524,733 | ||||||
|
Security |
Par (000) |
Value |
||||||
| New York (continued) | ||||||||
|
Series A-2, VRDN, 2.00%, 05/15/45Put(a) |
$ | 3,875 | $ | 3,730,127 | ||||
|
Series B, 5.00%, 11/15/25 |
4,410 | 4,575,910 | ||||||
|
Series B-2, VRDN, 5.00%, 05/15/50(a) |
2,000 | 2,068,829 | ||||||
|
Series C 1A, 5.00%, 05/15/25 |
3,500 | 3,602,932 | ||||||
|
Series C-1, 5.00%, 11/15/25 |
5,520 | 5,727,669 | ||||||
|
Series C-1, 5.00%, 11/15/26 |
4,930 | 5,211,085 | ||||||
|
Series C-1B, VRDN, 5.00%, 05/15/51(a) |
2,500 | 2,585,387 | ||||||
|
Utility Debt Securitization Authority RB |
||||||||
|
5.00%, 12/15/26 (Call 12/15/24) |
5,000 | 5,104,012 | ||||||
|
5.00%, 12/15/27 (Call 12/15/25) |
3,500 | 3,648,409 | ||||||
|
Series A, 5.00%, 12/15/25 (Call 12/15/23) |
455 | 456,747 | ||||||
|
|
|
|||||||
| 1,051,575,189 | ||||||||
| North Carolina — 2.8% | ||||||||
|
City of Charlotte NC COP |
||||||||
|
Series B, 5.00%, 12/01/25 |
2,295 | 2,384,342 | ||||||
|
Series B, 5.00%, 12/01/26 |
4,880 | 5,170,337 | ||||||
|
City of Charlotte NC GO |
||||||||
|
Series A, 5.00%, 07/01/24 |
420 | 425,600 | ||||||
|
Series A, 5.00%, 06/01/26 |
1,380 | 1,449,799 | ||||||
|
City of Charlotte NC Water & Sewer System Revenue RB |
||||||||
|
5.00%, 07/01/24 |
225 | 228,000 | ||||||
|
5.00%, 07/01/27 (Call 07/01/25) |
1,500 | 1,544,890 | ||||||
|
City of Greensboro NC GO, 5.00%, 10/01/28 |
2,360 | 2,597,929 | ||||||
|
City of Raleigh NC GO |
||||||||
|
5.00%, 09/01/26 |
3,090 | 3,262,475 | ||||||
|
Series A, 5.00%, 09/01/25 |
80 | 82,786 | ||||||
|
City of Raleigh NC RB, 5.00%, 06/01/25 |
125 | 128,669 | ||||||
|
City of Winston-Salem NC Water & Sewer System Revenue RB, Series A, 5.00%, 06/01/26 |
5,045 | 5,298,812 | ||||||
|
County of Forsyth NC GO, 4.00%, 03/01/26 |
130 | 132,607 | ||||||
|
County of Guilford NC GO |
||||||||
|
5.00%, 03/01/24 |
4,385 | 4,421,431 | ||||||
|
5.00%, 03/01/25 |
5,030 | 5,158,772 | ||||||
|
5.00%, 05/01/26 |
50 | 52,439 | ||||||
|
County of Johnston NC GO, 4.00%, 02/01/26 |
20 | 20,368 | ||||||
|
County of Mecklenburg NC GO |
||||||||
|
5.00%, 04/01/25 |
30 | 30,835 | ||||||
|
5.00%, 03/01/26 |
1,150 | 1,202,066 | ||||||
|
5.00%, 12/01/26 |
1,780 | 1,889,292 | ||||||
|
5.00%, 04/01/28 (Call 04/01/25) |
5,000 | 5,130,507 | ||||||
|
Series A, 5.00%, 09/01/23 |
1,255 | 1,255,000 | ||||||
|
Series A, 5.00%, 12/01/24 |
570 | 582,390 | ||||||
|
Series A, 5.00%, 04/01/27 |
55 | 58,778 | ||||||
|
County of Wake NC GO |
||||||||
|
5.00%, 04/01/24 |
11,005 | 11,113,597 | ||||||
|
5.00%, 03/01/26 |
65 | 67,943 | ||||||
|
5.00%, 04/01/26 |
7,845 | 8,213,884 | ||||||
|
5.00%, 04/01/27 |
1,245 | 1,330,077 | ||||||
|
5.00%, 05/01/27 |
10,615 | 11,359,677 | ||||||
|
5.00%, 05/01/28 |
2,515 | 2,745,044 | ||||||
|
Series A, 5.00%, 03/01/24 |
7,170 | 7,231,658 | ||||||
|
Series A, 5.00%, 03/01/25 |
360 | 369,163 | ||||||
|
Series A, 5.00%, 02/01/27 |
10,725 | 11,418,836 | ||||||
|
Series A, 5.00%, 03/01/27 |
2,625 | 2,799,643 | ||||||
|
Series C, 5.00%, 03/01/24 |
4,020 | 4,054,570 | ||||||
|
Series C, 5.00%, 03/01/25 |
2,575 | 2,640,544 | ||||||
|
County of Wake NC RB, 5.00%, 03/01/26 |
1,675 | 1,748,790 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
97 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® Short-Term National Muni Bond ETF (Percentages shown are based on Net Assets) |
|
Security |
Par (000) |
Value |
||||||
| North Carolina (continued) | ||||||||
|
North Carolina Capital Facilities Finance Agency RB |
||||||||
|
Series B, 5.00%, 10/01/41 (PR 10/01/25) |
$ | 1,480 | $ | 1,531,855 | ||||
|
Series B, 5.00%, 10/01/55 (PR 10/01/25) |
3,605 | 3,731,310 | ||||||
|
North Carolina Municipal Power Agency No. 1 RB |
||||||||
|
5.00%, 01/01/24 |
900 | 904,171 | ||||||
|
Series A, 5.00%, 01/01/26 |
620 | 641,517 | ||||||
|
Series A, 5.00%, 01/01/27 (Call 01/01/26) |
1,810 | 1,863,999 | ||||||
|
North Carolina State University at Raleigh RB, Series A, 5.00%, 10/01/28 (PR 10/01/23) |
535 | 535,621 | ||||||
|
State of North Carolina GO |
||||||||
|
5.00%, 06/01/24 |
7,805 | 7,901,899 | ||||||
|
5.00%, 06/01/28 |
10,305 | 11,275,737 | ||||||
|
Series A, 5.00%, 06/01/25 |
1,215 | 1,251,706 | ||||||
|
Series A, 5.00%, 06/01/26 |
23,500 | 24,688,597 | ||||||
|
Series A, 5.00%, 06/01/27 |
2,235 | 2,396,723 | ||||||
|
Series B, 5.00%, 06/01/24 |
19,450 | 19,691,472 | ||||||
|
Series B, 5.00%, 06/01/25 |
1,320 | 1,359,878 | ||||||
|
Series B, 5.00%, 06/01/27 |
9,760 | 10,466,225 | ||||||
|
State of North Carolina RB |
||||||||
|
4.00%, 05/01/24 |
1,925 | 1,933,475 | ||||||
|
5.00%, 03/01/24 |
1,365 | 1,374,752 | ||||||
|
5.00%, 05/01/24 |
9,670 | 9,774,690 | ||||||
|
5.00%, 03/01/25 |
4,880 | 4,994,920 | ||||||
|
5.00%, 05/01/25 (Call 05/01/24) |
5,000 | 5,055,338 | ||||||
|
5.00%, 03/01/26 |
1,770 | 1,845,386 | ||||||
|
5.00%, 05/01/26 |
230 | 240,742 | ||||||
|
5.00%, 05/01/27 |
210 | 223,981 | ||||||
|
Series A, 5.00%, 05/01/24 |
3,395 | 3,431,755 | ||||||
|
Series A, 5.00%, 05/01/26 |
410 | 429,148 | ||||||
|
Series B, 5.00%, 05/01/24 |
495 | 500,391 | ||||||
|
Series B, 5.00%, 06/01/24 |
6,020 | 6,093,415 | ||||||
|
Series B, 5.00%, 05/01/25 |
10,505 | 10,794,597 | ||||||
|
Series B, 5.00%, 06/01/25 |
3,535 | 3,637,558 | ||||||
|
Series B, 5.00%, 05/01/27 |
540 | 575,952 | ||||||
|
Series C, 5.00%, 05/01/24 |
730 | 737,903 | ||||||
|
Series C, 5.00%, 05/01/26 (Call 05/01/24) |
535 | 540,545 | ||||||
|
Series C, 5.00%, 05/01/27 (Call 05/01/24) |
120 | 121,143 | ||||||
|
Town of Cary NC, 5.00%, 09/01/26 |
4,590 | 4,846,201 | ||||||
|
University of North Carolina at Charlotte (The) RB, 5.00%, 04/01/28 (PR 04/01/25) |
1,375 | 1,412,007 | ||||||
|
|
|
|||||||
| 254,406,159 | ||||||||
| Ohio — 2.4% | ||||||||
|
American Municipal Power Inc. RB |
||||||||
|
5.00%, 02/15/24 |
2,310 | 2,322,904 | ||||||
|
5.00%, 02/15/25 |
1,605 | 1,634,785 | ||||||
|
Cincinnati City School District COP, 5.00%, 12/15/29 (PR 12/15/24) |
1,550 | 1,581,016 | ||||||
|
City of Columbus OH GO |
||||||||
|
4.00%, 04/01/27 |
155 | 160,110 | ||||||
|
5.00%, 04/01/25 |
4,760 | 4,891,800 | ||||||
|
5.00%, 04/01/26 |
820 | 858,351 | ||||||
|
5.00%, 04/01/27 |
810 | 864,501 | ||||||
|
5.00%, 07/01/27 (Call 07/01/26) |
815 | 855,371 | ||||||
|
5.00%, 08/15/28 |
7,000 | 7,671,009 | ||||||
|
Series 1, 5.00%, 07/01/25 |
655 | 676,018 | ||||||
|
Series 1, 5.00%, 07/01/26 |
845 | 889,041 | ||||||
|
Series 2017-1, 5.00%, 04/01/24 |
9,225 | 9,314,983 | ||||||
|
Series 3, 5.00%, 02/15/27 |
5,195 | 5,530,372 | ||||||
|
Series A, 4.00%, 04/01/25 |
245 | 248,057 | ||||||
|
Series A, 5.00%, 07/01/24 |
130 | 131,818 | ||||||
|
Security |
Par (000) |
Value |
||||||
| Ohio (continued) | ||||||||
|
Series A, 5.00%, 04/01/25 |
$ | 3,000 | $ | 3,083,067 | ||||
|
Series A, 5.00%, 04/01/26 |
3,060 | 3,203,113 | ||||||
|
Series A, 5.00%, 04/01/27 |
3,000 | 3,201,857 | ||||||
|
County of Cuyahoga OH RB, 5.00%, 12/01/32 (PR 12/01/24) |
3,390 | 3,462,025 | ||||||
|
County of Hamilton OH Sewer System Revenue RB, Series A, 5.00%, 12/01/25 |
1,295 | 1,343,706 | ||||||
|
Fairfield City School District GO, 5.00%, 11/01/44 |
||||||||
|
(PR 11/01/23) (SD CRED PROG) |
4,000 | 4,010,387 | ||||||
|
Northeast Ohio Regional Sewer District RB |
||||||||
|
4.00%, 11/15/49 (PR 11/15/24) |
4,525 | 4,559,593 | ||||||
|
5.00%, 11/15/31 (PR 11/15/24) |
1,200 | 1,223,100 | ||||||
|
5.00%, 11/15/32 (PR 11/15/24) |
2,640 | 2,690,819 | ||||||
|
5.00%, 11/15/39 (PR 11/15/24) |
2,240 | 2,283,119 | ||||||
|
5.00%, 11/15/49 (PR 11/15/24) |
1,655 | 1,686,858 | ||||||
|
Ohio State University (The) RB |
||||||||
|
5.00%, 12/01/25 |
1,700 | 1,760,957 | ||||||
|
5.00%, 12/01/26 |
905 | 956,837 | ||||||
|
Ohio Water Development Authority RB |
||||||||
|
5.00%, 06/01/24 |
150 | 151,884 | ||||||
|
5.00%, 06/01/25 |
1,500 | 1,544,032 | ||||||
|
5.00%, 06/01/26 |
1,970 | 2,068,051 | ||||||
|
5.00%, 06/01/27 (Call 12/01/26) |
150 | 158,698 | ||||||
|
Series A, 5.00%, 06/01/25 |
1,650 | 1,698,435 | ||||||
|
Series B, 5.00%, 12/01/24 |
1,020 | 1,040,299 | ||||||
|
Ohio Water Development Authority Water Pollution Control Loan Fund RB |
||||||||
|
5.00%, 12/01/23 |
3,580 | 3,594,186 | ||||||
|
5.00%, 06/01/27 |
165 | 176,577 | ||||||
|
Series 2015A, 5.00%, 06/01/24 |
430 | 435,086 | ||||||
|
Series 2015-A, 5.00%, 12/01/23 |
410 | 411,526 | ||||||
|
Series 2015-A, 5.00%, 12/01/24 |
1,680 | 1,713,433 | ||||||
|
Series 2015-A, 5.00%, 12/01/25 |
2,600 | 2,703,503 | ||||||
|
Princeton City School District GO |
||||||||
|
4.00%, 12/01/31 (PR 12/01/24) |
3,255 | 3,282,995 | ||||||
|
4.00%, 12/01/32 (PR 12/01/24) |
3,000 | 3,025,802 | ||||||
|
4.00%, 12/01/33 (PR 12/01/24) |
4,125 | 4,160,478 | ||||||
|
4.00%, 12/01/34 (PR 12/01/24) |
2,100 | 2,118,061 | ||||||
|
State of Ohio GO |
||||||||
|
4.00%, 06/15/25 |
3,375 | 3,417,422 | ||||||
|
4.00%, 06/15/26 |
2,800 | 2,865,507 | ||||||
|
5.00%, 05/01/24 |
60 | 60,657 | ||||||
|
5.00%, 06/15/24 |
1,615 | 1,635,487 | ||||||
|
5.00%, 08/01/25 |
1,205 | 1,243,503 | ||||||
|
5.00%, 08/01/25 (ETM) |
20 | 20,658 | ||||||
|
5.00%, 03/01/26 |
40 | 41,752 | ||||||
|
5.00%, 05/01/26 (PR 05/01/25) |
8,755 | 9,003,489 | ||||||
|
5.00%, 11/01/26 (PR 05/01/25) |
5,000 | 5,141,912 | ||||||
|
5.00%, 03/01/27 |
1,865 | 1,983,985 | ||||||
|
5.00%, 03/15/27 (Call 03/15/24) |
3,335 | 3,363,316 | ||||||
|
5.00%, 05/01/27 (PR 05/01/25) |
9,805 | 10,083,290 | ||||||
|
5.00%, 06/15/27 |
335 | 358,420 | ||||||
|
5.00%, 03/01/28 |
2,000 | 2,167,912 | ||||||
|
5.00%, 05/01/28 (05/01/24) |
5,255 | 5,311,892 | ||||||
|
Series A, 5.00%, 09/01/23 |
4,980 | 4,980,000 | ||||||
|
Series A, 5.00%, 09/15/23 |
1,590 | 1,590,699 | ||||||
|
Series A, 5.00%, 12/15/23 |
5,625 | 5,650,207 | ||||||
|
Series A, 5.00%, 09/01/24 |
105 | 106,702 | ||||||
|
Series A, 5.00%, 09/15/24 |
320 | 325,394 | ||||||
|
Series A, 5.00%, 12/15/24 |
6,670 | 6,810,433 | ||||||
| 98 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® Short-Term National Muni Bond ETF (Percentages shown are based on Net Assets) |
|
Security |
Par (000) |
Value |
||||||
| Ohio (continued) | ||||||||
|
Series A, 5.00%, 05/01/25 |
$ | 1,385 | $ | 1,423,181 | ||||
|
Series A, 5.00%, 09/15/25 |
580 | 600,183 | ||||||
|
Series A, 5.00%, 05/01/26 |
6,215 | 6,508,493 | ||||||
|
Series A, 5.00%, 06/15/26 |
250 | 262,450 | ||||||
|
Series A, 5.00%, 02/01/38 (PR 02/01/26) |
7,925 | 8,262,248 | ||||||
|
Series B, 5.00%, 09/15/23 |
620 | 620,273 | ||||||
|
Series B, 5.00%, 08/01/24 |
2,110 | 2,141,221 | ||||||
|
Series B, 5.00%, 09/15/24 |
925 | 940,591 | ||||||
|
Series B, 5.00%, 09/15/25 |
3,170 | 3,280,313 | ||||||
|
Series B, 5.00%, 09/15/26 |
670 | 706,954 | ||||||
|
Series C, 5.00%, 08/01/25 |
3,110 | 3,209,374 | ||||||
|
Series C, 5.00%, 03/15/26 |
3,200 | 3,342,748 | ||||||
|
Series C, 5.00%, 08/01/26 |
200 | 210,507 | ||||||
|
Series C, 5.00%, 08/01/27 |
35 | 37,544 | ||||||
|
Series T, 5.00%, 11/01/23 |
5,975 | 5,990,233 | ||||||
|
Series U, 5.00%, 05/01/25 |
2,625 | 2,699,076 | ||||||
|
Series U, 5.00%, 05/01/26 |
9,145 | 9,576,858 | ||||||
|
Series U, 5.00%, 05/01/27 |
255 | 272,159 | ||||||
|
Serise A, 5.00%, 06/15/24 |
75 | 75,951 | ||||||
|
State of Ohio RB |
||||||||
|
5.00%, 12/15/23 |
375 | 376,680 | ||||||
|
5.00%, 12/15/25 |
145 | 150,564 | ||||||
|
5.00%, 12/15/26 |
75 | 79,404 | ||||||
|
Series 1, 5.00%, 12/15/23 |
920 | 924,123 | ||||||
|
Series A, 5.00%, 04/01/26 |
225 | 234,956 | ||||||
|
Upper Arlington City School District GO, Series A, 5.00%, 12/01/48 (PR 12/01/27) |
4,000 | 4,326,692 | ||||||
|
|
|
|||||||
| 221,794,033 | ||||||||
| Oklahoma — 0.2% | ||||||||
|
Grand River Dam Authority RB, Series A, 5.00%, 06/01/27 (Call 12/01/26) |
295 | 310,662 | ||||||
|
Oklahoma Capitol Improvement Authority RB, 5.00%, 07/01/25 |
2,465 | 2,536,589 | ||||||
|
Oklahoma Municipal Power Authority RB, Series A, 5.00%, 01/01/26 (AGM) |
6,000 | 6,208,233 | ||||||
|
Oklahoma Turnpike Authority RB |
||||||||
|
5.00%, 01/01/28 |
5,060 | 5,458,733 | ||||||
|
Series D, 5.00%, 01/01/24 |
730 | 733,737 | ||||||
|
Oklahoma Water Resources Board RB |
||||||||
|
5.00%, 04/01/24 |
125 | 126,219 | ||||||
|
5.00%, 04/01/24 (OK CERF) |
250 | 252,439 | ||||||
|
5.00%, 04/01/25 |
115 | 118,131 | ||||||
|
5.00%, 04/01/26 (OK CERF) |
575 | 601,312 | ||||||
|
|
|
|||||||
| 16,346,055 | ||||||||
| Oregon — 2.1% | ||||||||
|
City of Portland OR GOL, Series A, 5.00%, 06/01/26 |
2,665 | 2,796,927 | ||||||
|
City of Portland OR Sewer System Revenue RB, Series A, 5.00%, 06/01/26 (Call 06/01/25) |
5,350 | 5,501,547 | ||||||
|
City of Portland OR Water System Revenue RB, Series B, 5.00%, 05/01/26 |
600 | 628,334 | ||||||
|
Clackamas & Washington Counties School District No. 3 GO, 5.00%, 06/15/29 (PR 06/15/25) (GTD) |
1,200 | 1,236,623 | ||||||
|
Multnomah County School District No. 1 |
||||||||
|
Portland/OR GO |
||||||||
|
5.00%, 06/15/24 (GTD) |
13,600 | 13,774,617 | ||||||
|
5.00%, 06/15/25 (GTD) |
11,300 | 11,639,514 | ||||||
|
5.00%, 06/15/28 (GTD) |
15,090 | 16,489,259 | ||||||
|
Multnomah County School District No. 7 Reynolds, 0.00%, 06/15/36 (PR 06/15/25) (GTD)(b) |
8,500 | 4,925,151 | ||||||
|
Security |
Par (000) |
Value |
||||||
| Oregon (continued) | ||||||||
|
Oregon State Lottery RB |
||||||||
|
5.00%, 04/01/26 (Call 04/01/24) |
$ | 1,700 | $ | 1,716,486 | ||||
|
Series A, 5.00%, 04/01/26 (Call 04/01/25) (MO) |
1,575 | 1,615,784 | ||||||
|
Series C, 5.00%, 04/01/24 |
4,720 | 4,764,700 | ||||||
|
Series D, 5.00%, 04/01/26 (Call 04/01/25) (MO) |
5,585 | 5,729,621 | ||||||
|
Portland Community College District GO |
||||||||
|
5.00%, 06/15/25 |
1,615 | 1,663,523 | ||||||
|
5.00%, 06/15/27 (Call 06/15/26) |
175 | 183,459 | ||||||
|
State of Oregon Department of Transportation RB |
||||||||
|
Series A, 4.25%, 11/15/34 (PR 11/15/23) |
16,890 | 16,920,730 | ||||||
|
Series A, 5.00%, 11/15/23 |
3,575 | 3,586,635 | ||||||
|
Series A, 5.00%, 11/15/24 |
1,055 | 1,076,341 | ||||||
|
Series A, 5.00%, 11/15/25 |
635 | 659,711 | ||||||
|
Series A, 5.00%, 11/15/25 (Call 11/15/24) |
835 | 851,475 | ||||||
|
Series A, 5.00%, 11/15/26 |
1,080 | 1,143,264 | ||||||
|
Series A, 5.00%, 11/15/29 (PR 11/15/24) |
1,705 | 1,738,826 | ||||||
|
Series A, 5.00%, 11/15/30 (PR 11/15/24) |
2,330 | 2,376,226 | ||||||
|
Series A, 5.00%, 11/15/31 (PR 11/15/24) |
2,500 | 2,549,598 | ||||||
|
Series A, 5.00%, 11/15/38 (PR 11/15/23) |
460 | 461,497 | ||||||
|
State of Oregon GO |
||||||||
|
5.00%, 05/01/24 |
2,090 | 2,113,306 | ||||||
|
5.00%, 06/01/24 |
325 | 329,083 | ||||||
|
5.00%, 05/01/25 |
2,345 | 2,412,322 | ||||||
|
5.00%, 08/01/25 |
25 | 25,832 | ||||||
|
5.00%, 05/01/26 |
3,575 | 3,748,480 | ||||||
|
5.00%, 05/01/27 |
6,125 | 6,550,274 | ||||||
|
5.00%, 05/01/27 (Call 05/01/25) |
7,140 | 7,331,393 | ||||||
|
5.00%, 06/01/27 |
3,080 | 3,299,480 | ||||||
|
5.00%, 05/01/28 |
5,065 | 5,519,066 | ||||||
|
5.00%, 06/01/28 |
3,630 | 3,961,852 | ||||||
|
5.00%, 08/01/40 (PR 08/01/25) |
7,005 | 7,235,392 | ||||||
|
Series A, 5.00%, 05/01/24 |
3,845 | 3,887,878 | ||||||
|
Series H, 5.00%, 05/01/24 |
85 | 85,948 | ||||||
|
Series I, 5.00%, 08/01/24 |
25 | 25,386 | ||||||
|
Series N, 5.00%, 05/01/26 |
2,785 | 2,920,145 | ||||||
|
Washington & Multnomah Counties School District No. 48J Beaverton GO |
||||||||
|
5.00%, 06/15/27 (PR 06/15/24) (GTD) |
3,850 | 3,897,919 | ||||||
|
5.00%, 06/15/28 (PR 06/15/24) (GTD) |
5,000 | 5,062,232 | ||||||
|
5.00%, 06/15/31 (PR 06/15/24) (GTD) |
11,315 | 11,455,832 | ||||||
|
5.00%, 06/15/33 (PR 06/15/24) (GTD) |
8,045 | 8,145,132 | ||||||
|
5.00%, 06/15/34 (PR 06/15/24) (GTD) |
8,120 | 8,221,066 | ||||||
|
|
|
|||||||
| 190,257,866 | ||||||||
| Pennsylvania — 2.5% | ||||||||
|
City of Philadelphia PA GO |
||||||||
|
5.00%, 07/15/26 (PR 01/15/24) |
3,000 | 3,017,258 | ||||||
|
5.00%, 02/01/28 |
2,000 | 2,143,077 | ||||||
|
Series A, 5.00%, 05/01/24 |
1,840 | 1,856,931 | ||||||
|
Series A, 5.00%, 08/01/24 |
3,870 | 3,919,301 | ||||||
|
Series A, 5.00%, 08/01/25 |
2,165 | 2,223,272 | ||||||
|
City of Philadelphia PA Water & Wastewater Revenue, 5.00%, 07/01/28 |
2,640 | 2,711,478 | ||||||
|
City of Philadelphia PA Water & Wastewater Revenue RB, Series A, 5.00%, 07/01/45 (PR 07/01/24) |
4,000 | 4,052,682 | ||||||
|
Commonwealth of Pennsylvania GO |
||||||||
|
5.00%, 05/15/24 |
14,930 | 15,104,244 | ||||||
|
5.00%, 02/01/26 |
1,025 | 1,068,377 | ||||||
|
5.00%, 03/01/27 |
26,075 | 27,747,451 | ||||||
|
5.00%, 05/01/27 |
100 | 106,765 | ||||||
|
5.00%, 10/01/27 |
14,800 | 15,933,602 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
99 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® Short-Term National Muni Bond ETF (Percentages shown are based on Net Assets) |
|
Security |
Par (000) |
Value |
||||||
| Pennsylvania (continued) | ||||||||
|
5.00%, 03/01/28 |
$ | 20,220 | $ | 21,917,590 | ||||
|
First Series, 5.00%, 01/01/24 |
5,110 | 5,136,819 | ||||||
|
First Series, 5.00%, 03/01/24 |
12,295 | 12,394,165 | ||||||
|
First Series, 5.00%, 03/15/24 |
455 | 458,959 | ||||||
|
First Series, 5.00%, 06/15/24 |
1,650 | 1,671,058 | ||||||
|
First Series, 5.00%, 07/01/24 |
1,175 | 1,190,858 | ||||||
|
First Series, 5.00%, 08/15/24 |
2,140 | 2,173,269 | ||||||
|
First Series, 5.00%, 09/15/24 |
1,555 | 1,581,368 | ||||||
|
First Series, 5.00%, 02/01/25 (AGM) |
1,120 | 1,146,206 | ||||||
|
First Series, 5.00%, 08/15/25 |
7,385 | 7,627,552 | ||||||
|
First Series, 5.00%, 09/15/25 |
2,540 | 2,628,390 | ||||||
|
First Series, 5.00%, 01/01/26 |
2,590 | 2,695,181 | ||||||
|
First Series, 5.00%, 09/15/26 |
445 | 469,676 | ||||||
|
First Series, 5.00%, 01/01/27 |
1,555 | 1,649,232 | ||||||
|
Second Series, 5.00%, 09/15/23 |
3,540 | 3,541,566 | ||||||
|
Second Series, 5.00%, 10/15/23 |
730 | 731,300 | ||||||
|
Second Series, 5.00%, 01/15/24 |
1,245 | 1,252,346 | ||||||
|
Second Series, 5.00%, 09/15/24 |
1,150 | 1,169,500 | ||||||
|
Second Series, 5.00%, 10/15/24 (Call 10/15/23) |
680 | 681,230 | ||||||
|
Second Series, 5.00%, 01/15/25 |
3,545 | 3,625,200 | ||||||
|
Second Series, 5.00%, 09/15/25 |
1,105 | 1,143,453 | ||||||
|
Second Series, 5.00%, 10/15/25 (Call 10/15/23) |
485 | 485,858 | ||||||
|
County of Montgomery PA GOL |
||||||||
|
5.00%, 07/01/25 |
3,190 | 3,286,641 | ||||||
|
5.00%, 07/01/26 |
2,260 | 2,377,791 | ||||||
|
Delaware River Port Authority RB |
||||||||
|
5.00%, 01/01/33 (PR 01/01/24) |
13,665 | 13,734,953 | ||||||
|
5.00%, 01/01/34 (PR 01/01/24) |
4,005 | 4,025,502 | ||||||
|
Series B, 5.00%, 01/01/24 |
1,015 | 1,020,294 | ||||||
|
Series B, 5.00%, 01/01/25 |
700 | 715,363 | ||||||
|
Series B, 5.00%, 01/01/26 |
1,085 | 1,125,853 | ||||||
|
Pennsylvania Higher Educational Facilities Authority RB, 5.00%, 10/01/23 |
935 | 936,086 | ||||||
|
Pennsylvania State University (The) RB, Series EE, 5.00%, 03/01/25 |
770 | 790,052 | ||||||
|
Pennsylvania Turnpike Commission RB |
||||||||
|
5.00%, 12/01/24 |
500 | 509,401 | ||||||
|
5.00%, 12/01/25 |
245 | 253,892 | ||||||
|
5.00%, 12/01/26 |
750 | 788,938 | ||||||
|
5.00%, 06/01/27 (Call 06/01/26) |
19,700 | 20,500,441 | ||||||
|
Series A, 5.00%, 12/01/23 |
15 | 15,053 | ||||||
|
Series A-1, 5.00%, 12/01/23 |
295 | 296,041 | ||||||
|
Series A2, 5.00%, 12/01/25 |
1,300 | 1,347,184 | ||||||
|
Series A-2, 5.00%, 12/01/26 |
935 | 986,487 | ||||||
|
Series C, 5.00%, 12/01/43 (PR 12/01/23) |
10,250 | 10,286,171 | ||||||
|
Township of Lower Merion PA GO, Series A, 5.00%, 01/15/25 |
1,380 | 1,410,109 | ||||||
|
University of Pittsburgh-of the Commonwealth System of Higher Education RB, 4.00%, 04/15/26 (Call 02/15/26) |
13,690 | 13,927,571 | ||||||
|
|
|
|||||||
| 233,589,037 | ||||||||
| Rhode Island — 0.1% | ||||||||
|
Rhode Island Commerce Corp. RB, Series A, 5.00%, 06/15/24 |
4,420 | 4,468,921 | ||||||
|
|
|
|||||||
| South Carolina — 0.7% | ||||||||
|
Beaufort County School District/SC GO, 5.00%, 03/01/24 (SCSDE) |
10,160 | 10,240,959 | ||||||
|
Charleston Educational Excellence Finance Corp. RB |
||||||||
|
5.00%, 12/01/24 (Call 12/01/23) |
1,080 | 1,084,332 | ||||||
|
Security |
Par (000) |
Value |
||||||
| South Carolina (continued) | ||||||||
|
5.00%, 12/01/26 (Call 12/01/23) |
$ | 4,625 | $ | 4,643,551 | ||||
|
5.00%, 12/01/27 (PR 12/01/23) |
2,600 | 2,610,428 | ||||||
|
City of Charleston SC Waterworks & Sewer System Revenue RB |
||||||||
|
5.00%, 01/01/31 (PR 01/01/25) |
1,120 | 1,145,165 | ||||||
|
5.00%, 01/01/32 (PR 01/01/25) |
2,000 | 2,044,937 | ||||||
|
5.00%, 01/01/33 (PR 01/01/25) |
4,160 | 4,253,470 | ||||||
|
5.00%, 01/01/34 (PR 01/01/25) |
2,510 | 2,566,396 | ||||||
|
City of Columbia SC Waterworks & Sewer System Revenue RB, 5.00%, 02/01/27 |
70 | 74,342 | ||||||
|
County of Charleston SC GO, 5.00%, 11/01/26 |
3,000 | 3,177,926 | ||||||
|
County of Richland SC GO, Series A, 5.00%, 03/01/27 |
290 | 309,096 | ||||||
|
South Carolina Public Service Authority RB |
||||||||
|
Series A, 5.00%, 12/01/26 |
625 | 650,420 | ||||||
|
Series B, 5.00%, 12/01/24 |
1,000 | 1,015,149 | ||||||
|
South Carolina Transportation Infrastructure Bank RB |
||||||||
|
Series A, 5.00%, 10/01/23 |
685 | 685,644 | ||||||
|
Series A, 5.00%, 10/01/24 |
2,425 | 2,464,316 | ||||||
|
Series A, 5.00%, 10/01/25 |
1,645 | 1,701,967 | ||||||
|
Series B, 5.00%, 10/01/26 |
8,620 | 9,087,615 | ||||||
|
Series-B, 5.00%, 10/01/25 |
6,025 | 6,233,649 | ||||||
|
State of South Carolina GO |
||||||||
|
5.00%, 04/01/24 (SAW) |
25 | 25,238 | ||||||
|
Series A, 5.00%, 04/01/24 |
10,715 | 10,817,083 | ||||||
|
|
|
|||||||
| 64,831,683 | ||||||||
| Tennessee — 1.2% | ||||||||
|
City of Knoxville TN Wastewater System Revenue RB, 4.00%, 04/01/25 |
6,150 | 6,214,469 | ||||||
|
City of Memphis TN Electric System Revenue RB, 5.00%, 12/01/34 (PR 12/01/24) |
1,000 | 1,020,023 | ||||||
|
City of Memphis TN GO, 5.00%, 05/01/24 |
4,950 | 5,004,556 | ||||||
|
County of Hamilton TN GO |
||||||||
|
5.00%, 12/01/24 |
2,435 | 2,485,840 | ||||||
|
Series A, 5.00%, 04/01/24 |
1,940 | 1,958,593 | ||||||
|
Series A, 5.00%, 01/01/26 |
6,960 | 7,248,997 | ||||||
|
County of Montgomery TN GO |
||||||||
|
5.00%, 04/01/25 |
160 | 164,257 | ||||||
|
5.00%, 04/01/27 |
215 | 229,166 | ||||||
|
5.00%, 06/01/27 |
2,275 | 2,432,955 | ||||||
|
County of Shelby TN GO |
||||||||
|
5.00%, 04/01/25 |
565 | 580,382 | ||||||
|
Series A, 5.00%, 04/01/25 |
5,505 | 5,654,868 | ||||||
|
County of Williamson TN GO, 5.00%, 05/01/27 |
2,765 | 2,956,993 | ||||||
|
County of Wilson TN GO, 5.00%, 04/01/24 |
1,505 | 1,519,253 | ||||||
|
Metropolitan Government of Nashville & Davidson County TN Electric Revenue RB, Series B, 5.00%, 05/15/24 |
245 | 247,859 | ||||||
|
Metropolitan Government of Nashville & Davidson County TN GO |
||||||||
|
4.00%, 01/01/26 |
7,725 | 7,856,732 | ||||||
|
5.00%, 01/01/24 |
4,710 | 4,735,024 | ||||||
|
5.00%, 01/01/26 |
320 | 332,922 | ||||||
|
5.00%, 07/01/26 |
445 | 467,578 | ||||||
|
5.00%, 01/01/27 |
2,210 | 2,342,489 | ||||||
|
5.00%, 07/01/27 |
2,075 | 2,221,261 | ||||||
|
Series C, 5.00%, 01/01/26 |
5,000 | 5,201,912 | ||||||
|
Metropolitan Government of Nashville & Davidson County TN Water & Sewer Revenue RB |
||||||||
|
Series B, 5.00%, 07/01/24 |
405 | 410,598 | ||||||
|
Series B, 5.00%, 07/01/25 |
705 | 726,106 | ||||||
| 100 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® Short-Term National Muni Bond ETF (Percentages shown are based on Net Assets) |
|
Security |
Par (000) |
Value |
||||||
| Tennessee (continued) | ||||||||
|
Series B, 5.00%, 07/01/26 |
$ | 1,540 | $ | 1,616,006 | ||||
|
State of Tennessee GO |
||||||||
|
5.00%, 02/01/25 |
1,000 | 1,023,121 | ||||||
|
5.00%, 08/01/25 |
1,575 | 1,625,031 | ||||||
|
5.00%, 09/01/25 |
25 | 25,875 | ||||||
|
5.00%, 08/01/26 |
720 | 759,054 | ||||||
|
5.00%, 08/01/29 (PR 08/01/25) |
3,000 | 3,095,860 | ||||||
|
5.00%, 08/01/31 (PR 08/01/25) |
3,000 | 3,095,860 | ||||||
|
Series A, 5.00%, 08/01/24 |
475 | 482,284 | ||||||
|
Series A, 5.00%, 08/01/25 |
120 | 123,812 | ||||||
|
Series A, 5.00%, 08/01/26 |
30 | 31,627 | ||||||
|
Series A, 5.00%, 09/01/26 |
2,420 | 2,555,787 | ||||||
|
Series A, 5.00%, 11/01/26 |
2,445 | 2,590,767 | ||||||
|
Series A, 5.00%, 08/01/27 (Call 08/01/26) |
2,935 | 3,098,534 | ||||||
|
Series A, 5.00%, 11/01/27 |
3,080 | 3,331,174 | ||||||
|
Series A, 5.00%, 08/01/28 (PR 08/01/25) |
2,230 | 2,301,256 | ||||||
|
Series A, 5.00%, 08/01/30 (PR 08/01/25) |
1,065 | 1,099,030 | ||||||
|
Series B, 5.00%, 08/01/24 |
20 | 20,307 | ||||||
|
Series B, 5.00%, 08/01/27 (Call 08/01/26) |
3,000 | 3,167,156 | ||||||
|
Tennessee State School Bond Authority |
||||||||
|
5.00%, 11/01/23 (ST INTERCEPT) |
3,035 | 3,042,642 | ||||||
|
5.00%, 11/01/24 (ST INTERCEPT) |
3,440 | 3,506,078 | ||||||
|
5.00%, 11/01/25 (ST INTERCEPT) |
3,845 | 3,988,321 | ||||||
|
5.00%, 11/01/27 |
100 | 107,830 | ||||||
|
Tennessee State School Bond Authority RB |
||||||||
|
5.00%, 11/01/27 (ST INTERCEPT) |
6,255 | 6,744,748 | ||||||
|
5.00%, 11/01/29 (PR 11/01/25) (ST INTERCEPT) |
5,470 | 5,676,208 | ||||||
|
|
|
|||||||
| 115,121,201 | ||||||||
| Texas — 9.6% | ||||||||
|
Alamo Community College District GOL, 5.00%, 02/15/27 |
2,945 | 3,124,216 | ||||||
|
Allen Independent School District GO, 5.00%, 02/15/25 (PSF) |
1,170 | 1,198,016 | ||||||
|
Arlington Independent School District/TX, 5.00%, 02/15/27 (PSF) |
620 | 657,313 | ||||||
|
Austin Independent School District GO |
||||||||
|
5.00%, 08/01/24 (PSF) |
425 | 431,365 | ||||||
|
5.00%, 08/01/25 (PSF) |
20 | 20,647 | ||||||
|
5.00%, 08/01/26 (PSF) |
870 | 913,972 | ||||||
|
5.00%, 08/01/27 |
1,350 | 1,446,570 | ||||||
|
5.00%, 08/01/27 (PSF) |
30 | 32,135 | ||||||
|
5.00%, 08/01/28 (PSF) |
6,900 | 7,532,477 | ||||||
|
Board of Regents of the University of Texas System RB |
||||||||
|
5.00%, 08/15/27 |
100 | 107,123 | ||||||
|
5.00%, 08/15/27 (Call 08/15/26) |
105 | 110,883 | ||||||
|
Series A, 5.00%, 08/15/28 |
4,800 | 5,239,314 | ||||||
|
Series B, 5.00%, 08/15/25 |
475 | 490,420 | ||||||
|
Series B, 5.00%, 08/15/26 |
6,860 | 7,212,387 | ||||||
|
Series C, 5.00%, 08/15/24 |
400 | 406,069 | ||||||
|
Series C, 5.00%, 08/15/25 |
3,130 | 3,231,606 | ||||||
|
Series C, 5.00%, 08/15/26 |
4,990 | 5,246,328 | ||||||
|
Series D, 5.00%, 08/15/24 |
4,635 | 4,705,326 | ||||||
|
Series E, 5.00%, 08/15/24 |
165 | 167,504 | ||||||
|
Series E, 5.00%, 08/15/26 |
835 | 877,893 | ||||||
|
Series E, 5.00%, 08/15/27 |
130 | 139,260 | ||||||
|
Series I, 5.00%, 08/15/24 |
2,515 | 2,553,160 | ||||||
|
Series J, 5.00%, 08/15/24 |
3,205 | 3,253,629 | ||||||
|
Series J, 5.00%, 08/15/25 |
385 | 397,498 | ||||||
|
Series J, 5.00%, 08/15/26 |
4,370 | 4,594,479 | ||||||
|
Security |
Par (000) |
Value |
||||||
| Texas (continued) | ||||||||
|
Central Texas Regional Mobility Authority RB |
||||||||
|
5.00%, 01/01/24 |
$ | 3,200 | $ | 3,215,037 | ||||
|
Series A, 5.00%, 01/01/40 (PR 07/01/25) |
5,325 | 5,468,241 | ||||||
|
Series A, 5.00%, 01/01/45 (PR 07/01/25) |
13,000 | 13,349,696 | ||||||
|
Central Texas Turnpike System, 0.00%, 08/15/24(b) |
2,505 | 2,424,824 | ||||||
|
City of Austin TX Electric Utility Revenue RB, 5.00%, 11/15/26 |
3,285 | 3,467,171 | ||||||
|
City of Austin TX GOL |
||||||||
|
5.00%, 09/01/24 |
8,750 | 8,893,504 | ||||||
|
5.00%, 09/01/25 |
495 | 511,077 | ||||||
|
5.00%, 09/01/25 (ETM) |
5 | 5,148 | ||||||
|
5.00%, 09/01/26 (Call 09/01/25) |
2,300 | 2,369,769 | ||||||
|
City of Austin TX Water & Wastewater System Revenue RB, 5.00%, 11/15/26 |
2,020 | 2,132,020 | ||||||
|
City of Dallas TX Waterworks & Sewer System Revenue RB |
||||||||
|
5.00%, 10/01/25 |
14,945 | 15,414,050 | ||||||
|
Series A, 5.00%, 10/01/23 |
655 | 655,713 | ||||||
|
City of Fort Worth TX Water & Sewer System Revenue RB |
||||||||
|
Series A, 5.00%, 02/15/24 |
7,000 | 7,053,017 | ||||||
|
Series A, 5.00%, 02/15/26 |
315 | 327,611 | ||||||
|
City of Frisco TX GOL, Series A, 5.00%, 02/15/24 |
1,255 | 1,264,116 | ||||||
|
City of Houston Combined Utility System Revenue, |
||||||||
|
0.00%, 12/01/27 (AGM)(b) |
2,000 | 1,716,014 | ||||||
|
City of Houston TX Airport System Revenue RB, |
||||||||
|
Series D, 5.00%, 07/01/25 |
875 | 898,069 | ||||||
|
City of Houston TX Combined Utility System Revenue RB |
||||||||
|
Series C, 5.00%, 05/15/24 |
3,765 | 3,805,309 | ||||||
|
Series C, 5.00%, 11/15/24 |
1,095 | 1,115,858 | ||||||
|
Series C, 5.00%, 05/15/25 (Call 05/15/24) |
5,315 | 5,372,241 | ||||||
|
Series C, 5.00%, 05/15/26 (Call 05/15/24) |
13,500 | 13,639,891 | ||||||
|
City of Houston TX GOL |
||||||||
|
5.00%, 03/01/27 (PR 03/01/24) |
6,000 | 6,044,320 | ||||||
|
5.00%, 03/01/28 (Call 03/01/26) |
19,700 | 20,416,245 | ||||||
|
Series A, 5.00%, 03/01/24 |
1,055 | 1,062,997 | ||||||
|
City of Lewisville TX Waterworks & Sewer System Revenue RB, 4.00%, 02/15/24 |
1,235 | 1,238,464 | ||||||
|
City of San Antonio Texas Electric & Gas Systems Revenue RB, Series REF, 5.25%, 02/01/24 |
6,000 | 6,042,478 | ||||||
|
City of San Antonio TX |
||||||||
|
5.00%, 08/01/24 |
85 | 86,243 | ||||||
|
5.00%, 08/01/27 |
125 | 133,656 | ||||||
|
City of San Antonio TX Electric & Gas Systems Revenue RB |
||||||||
|
5.00%, 02/01/25 |
1,405 | 1,435,541 | ||||||
|
Series A, VRDN, 1.75%, 02/01/33(a) |
215 | 208,795 | ||||||
|
City of San Antonio TX GOL |
||||||||
|
5.00%, 02/01/24 |
465 | 468,035 | ||||||
|
5.00%, 08/01/24 |
2,865 | 2,906,880 | ||||||
|
Clear Creek Independent School District GO, 5.00%, 02/15/25 (PSF) |
830 | 849,520 | ||||||
|
Conroe Independent School District GO |
||||||||
|
5.00%, 02/15/24 (PSF) |
3,380 | 3,405,001 | ||||||
|
5.00%, 02/15/25 (PSF) |
2,165 | 2,216,533 | ||||||
|
5.00%, 02/15/26 (PSF) |
3,570 | 3,720,608 | ||||||
|
5.00%, 02/15/28 (PSF) |
9,750 | 10,551,172 | ||||||
|
Series A, 5.00%, 02/15/27 (PSF) |
5,920 | 6,292,202 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
101 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® Short-Term National Muni Bond ETF (Percentages shown are based on Net Assets) |
|
Security |
Par (000) |
Value |
||||||
| Texas (continued) | ||||||||
|
Coppell Independent School District GO, 5.00%, 08/15/25 (PSF) |
$ | 5,995 | $ | 6,187,323 | ||||
|
County of Collin TX GOL, 5.00%, 02/15/26 |
2,225 | 2,317,268 | ||||||
|
County of Dallas TX GOL, 5.00%, 08/15/25 |
3,325 | 3,432,302 | ||||||
|
County of Harris TX GO |
||||||||
|
5.00%, 10/01/24 |
8,135 | 8,275,498 | ||||||
|
Series A, 5.00%, 10/01/25 |
2,310 | 2,387,182 | ||||||
|
County of Harris TX RB, 5.00%, 08/15/26 |
||||||||
|
(Call 08/15/25) |
670 | 685,667 | ||||||
|
County of Williamson TX GO |
||||||||
|
4.00%, 02/15/31 (PR 02/15/24) |
4,615 | 4,626,714 | ||||||
|
4.00%, 02/15/32 (PR 02/15/24) |
4,805 | 4,817,196 | ||||||
|
5.00%, 02/15/26 |
1,505 | 1,566,331 | ||||||
|
County of Williamson TX GOL |
||||||||
|
4.00%, 02/15/26 |
10,000 | 10,197,992 | ||||||
|
4.00%, 02/15/27 |
5,000 | 5,153,755 | ||||||
|
4.00%, 02/15/28 |
10,000 | 10,417,117 | ||||||
|
Cypress-Fairbanks Independent School District GO |
||||||||
|
5.00%, 02/15/24 (PSF) |
675 | 679,963 | ||||||
|
5.00%, 02/15/25 (PSF) |
2,480 | 2,537,621 | ||||||
|
5.00%, 02/15/26 (PSF) |
5,090 | 5,307,170 | ||||||
|
5.00%, 02/15/27 |
300 | 318,761 | ||||||
|
5.00%, 02/15/27 (PSF) |
410 | 435,639 | ||||||
|
5.00%, 02/15/27 (Call 02/15/24) (PSF) |
7,430 | 7,479,045 | ||||||
|
5.00%, 02/15/27 (Call 02/15/26) (PSF) |
1,175 | 1,221,800 | ||||||
|
Series A, 5.00%, 02/15/24 (PSF) |
2,555 | 2,573,786 | ||||||
|
Series A, 5.00%, 02/15/26 (PSF) |
3,905 | 4,071,611 | ||||||
|
Series C, 5.00%, 02/15/25 (Call 02/15/24) (PSF) |
975 | 982,145 | ||||||
|
Dallas Area Rapid Transit RB |
||||||||
|
5.00%, 12/01/23 |
2,035 | 2,042,279 | ||||||
|
5.00%, 12/01/25 |
1,135 | 1,177,440 | ||||||
|
Series A, 5.00%, 12/01/24 |
245 | 249,666 | ||||||
|
Series A, 5.00%, 12/01/26 (PR 12/01/25) |
1,190 | 1,234,235 | ||||||
|
Dallas College GOL |
||||||||
|
5.00%, 02/15/27 |
3,000 | 3,180,548 | ||||||
|
5.00%, 02/15/28 |
2,500 | 2,695,712 | ||||||
|
Dallas Fort Worth International Airport RB |
||||||||
|
5.00%, 11/01/23 |
600 | 601,274 | ||||||
|
5.00%, 11/01/25 |
2,500 | 2,581,051 | ||||||
|
5.00%, 11/01/26 |
1,590 | 1,670,587 | ||||||
|
5.00%, 11/01/28 |
2,750 | 2,986,706 | ||||||
|
Series A, 5.00%, 11/01/24 |
3,895 | 3,958,722 | ||||||
|
Series A, 5.00%, 11/01/26 |
630 | 661,931 | ||||||
|
Series F, 5.13%, 11/01/25 (Call 11/01/23) |
250 | 250,638 | ||||||
|
Dallas Independent School District GO |
||||||||
|
4.00%, 02/15/24 (PSF) |
8,230 | 8,256,706 | ||||||
|
4.00%, 02/15/27 (PSF) |
7,180 | 7,372,377 | ||||||
|
4.00%, 08/15/33 (PR 08/15/24) (PSF) |
4,635 | 4,660,378 | ||||||
|
5.00%, 02/15/26 (Call 02/15/25) (PSF) |
750 | 765,460 | ||||||
|
5.00%, 02/15/28 (PSF) |
2,000 | 2,159,157 | ||||||
|
5.00%, 08/15/32 (PR 08/15/24) (PSF) |
4,500 | 4,566,098 | ||||||
|
5.00%, 08/15/34 (PR 08/15/24) (PSF) |
2,000 | 2,029,377 | ||||||
|
Denton Independent School District GO, 5.00%, 08/15/28 (PSF) |
750 | 817,203 | ||||||
|
Fort Bend Independent School District GO |
||||||||
|
5.00%, 08/15/25 (PSF) |
550 | 567,644 | ||||||
|
Series C, 5.00%, 08/15/25 (PSF) |
375 | 387,030 | ||||||
|
Fort Worth Independent School District GO, 5.00%, 02/15/25 (PSF) |
1,025 | 1,049,398 | ||||||
|
Security |
Par (000) |
Value |
||||||
| Texas (continued) | ||||||||
|
Grand Parkway Transportation Corp. RB |
||||||||
|
5.00%, 10/01/52 (01/01/28) |
$ | 2,800 | $ | 2,984,767 | ||||
|
Series A, 5.50%, 04/01/53 (PR 10/01/23) |
5,020 | 5,026,687 | ||||||
|
Series B, VRDN, 5.00%, 10/01/52(a) |
2,080 | 2,081,956 | ||||||
|
Harris County Flood Control District RB, Series A, |
||||||||
|
5.00%, 10/01/23 |
5,000 | 5,005,881 | ||||||
|
Harris County Toll Road Authority (The) RB, 5.00%, 08/15/25 |
3,760 | 3,875,605 | ||||||
|
Houston Independent School District GOL, 5.00%, 02/15/25 (PSF) |
1,675 | 1,715,108 | ||||||
|
Irving Independent School District GO, 5.00%, 02/15/25 (PSF) |
1,000 | 1,023,518 | ||||||
|
Katy Independent School District GO |
||||||||
|
5.00%, 02/15/28 (Call 02/15/27) (PSF) |
5,080 | 5,395,493 | ||||||
|
Series B, 5.00%, 02/15/27 (PSF) |
2,000 | 2,122,381 | ||||||
|
Series D, 5.00%, 02/15/24 (PSF) |
5,050 | 5,088,248 | ||||||
|
Keller Independent School District/TX GO, 5.00%, 08/15/31 (PR 02/15/25) (PSF) |
1,040 | 1,064,117 | ||||||
|
Leander Independent School District GO |
||||||||
|
0.00%, 08/15/43 (PR 08/15/24)(b) |
18,135 | 6,406,189 | ||||||
|
Series C, 0.00%, 08/15/42 (PR 08/15/24) (PSF)(b) |
5,000 | 1,865,638 | ||||||
|
Series C, 0.00%, 08/15/44 (PR 08/15/24) (PSF)(b) |
7,000 | 2,317,884 | ||||||
|
Series C, 0.00%, 08/15/47 (PR 08/15/24) (PSF)(b) |
27,275 | 7,537,111 | ||||||
|
Series C, 5.00%, 08/15/24 (PSF) |
250 | 253,863 | ||||||
|
Lewisville Independent School District GO |
||||||||
|
5.00%, 08/15/25 (PSF) |
1,265 | 1,305,823 | ||||||
|
5.00%, 08/15/26 (PSF) |
2,585 | 2,719,275 | ||||||
|
5.00%, 08/15/26 (Call 08/15/25) |
115 | 118,102 | ||||||
|
5.00%, 08/15/27 |
265 | 283,774 | ||||||
|
Series B, 5.00%, 08/15/25 |
7,680 | 7,911,743 | ||||||
|
North East Independent School District/TX GO |
||||||||
|
5.00%, 08/01/24 (PSF) |
4,095 | 4,155,960 | ||||||
|
5.00%, 08/01/25 (PSF) |
2,600 | 2,675,791 | ||||||
|
5.25%, 02/01/25 (PSF) |
5,000 | 5,132,630 | ||||||
|
North Texas Municipal Water District Water System Revenue RB, 4.00%, 09/01/24 |
17,200 | 17,312,767 | ||||||
|
North Texas Tollway Authority RB |
||||||||
|
5.00%, 01/01/24 |
705 | 708,472 | ||||||
|
5.00%, 01/01/24 (Call 10/02/23) |
40 | 40,042 | ||||||
|
5.00%, 01/01/25 (Call 10/02/23) |
50 | 50,057 | ||||||
|
5.00%, 01/01/26 (Call 10/02/23) |
50 | 50,033 | ||||||
|
6.50%, 01/01/43 (PR 01/01/25) |
13,000 | 13,502,823 | ||||||
|
Series A, 5.00%, 01/01/24 |
7,730 | 7,769,570 | ||||||
|
Series A, 5.00%, 01/01/25 |
2,070 | 2,114,350 | ||||||
|
Series A, 5.00%, 01/01/25 (Call 01/01/24) |
5,520 | 5,545,004 | ||||||
|
Series A, 5.00%, 01/01/26 (Call 01/01/24) |
4,940 | 4,961,459 | ||||||
|
Series B, 5.00%, 01/01/24 |
7,380 | 7,415,155 | ||||||
|
Series B, 5.00%, 01/01/26 |
115 | 119,304 | ||||||
|
Series B, 5.00%, 01/01/26 (Call 01/01/25) |
260 | 264,072 | ||||||
|
Series B, 5.00%, 01/01/27 |
2,465 | 2,605,584 | ||||||
|
Northside Independent School District GO, Series A, 5.00%, 02/15/24 (PSF) |
4,590 | 4,622,327 | ||||||
|
Permanent University Fund - Texas A&M University System RB, 5.00%, 07/01/28 |
1,850 | 2,017,213 | ||||||
|
Permanent University Fund - University of Texas System RB |
||||||||
|
5.00%, 07/01/26 (07/01/25) |
5,000 | 5,158,792 | ||||||
|
5.00%, 07/01/27 |
9,750 | 10,419,073 | ||||||
|
5.00%, 07/01/27 (Call 07/01/26) |
150 | 156,687 | ||||||
|
5.25%, 07/01/28 |
1,600 | 1,759,440 | ||||||
| 102 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® Short-Term National Muni Bond ETF (Percentages shown are based on Net Assets) |
|
Security |
Par (000) |
Value |
||||||
| Texas (continued) | ||||||||
|
Series B, 5.00%, 07/01/24 |
$ | 1,015 | $ | 1,029,195 | ||||
|
Series B, 5.00%, 07/01/25 (Call 07/01/24) |
2,680 | 2,718,255 | ||||||
|
Pflugerville Independent School District, 5.00%, 02/15/27 (Call 02/15/24) |
9,295 | 9,358,000 | ||||||
|
Plano Independent School District GO, 5.00%, 02/15/24 (PSF) |
550 | 554,166 | ||||||
|
Plano Independent School District RB, 5.00%, 02/15/27 (Call 02/15/26) (PSF) |
3,530 | 3,675,662 | ||||||
|
Round Rock Independent School District GO |
||||||||
|
5.00%, 08/01/24 |
4,050 | 4,111,016 | ||||||
|
5.00%, 08/01/24 (PSF) |
365 | 370,564 | ||||||
|
5.00%, 08/01/31 (PR 08/01/25) (PSF) |
3,255 | 3,355,963 | ||||||
|
5.00%, 08/01/32 (PR 08/01/25) (PSF) |
3,420 | 3,526,081 | ||||||
|
5.00%, 08/01/33 (PR 08/01/25) (PSF) |
3,590 | 3,701,354 | ||||||
|
5.00%, 08/01/34 (PR 08/01/25) (PSF) |
3,770 | 3,886,937 | ||||||
|
5.00%, 08/01/35 (PR 08/01/25) (PSF) |
3,355 | 3,459,065 | ||||||
|
Series A, 5.00%, 08/01/27 (PSF) |
135 | 143,990 | ||||||
|
Series A, 5.00%, 08/01/28 (PSF) |
630 | 682,957 | ||||||
|
San Antonio Independent School District/TX GO, 5.00%, 02/15/24 (PSF-GTD) |
1,465 | 1,475,966 | ||||||
|
San Antonio Water System RB |
||||||||
|
Series 2013F, VRDN, 1.00%, 05/01/43(a) |
2,000 | 1,767,253 | ||||||
|
Series A, VRDN, 2.63%, 05/01/49(a) |
7,000 | 6,929,675 | ||||||
|
Spring Branch Independent School District GO, 5.00%, 02/01/25 (PSF) |
520 | 531,663 | ||||||
|
State of Texas GO |
||||||||
|
4.00%, 10/01/33 (PR 04/01/24) |
195 | 195,696 | ||||||
|
5.00%, 10/01/23 |
6,145 | 6,152,364 | ||||||
|
5.00%, 04/01/24 |
10,660 | 10,763,981 | ||||||
|
5.00%, 08/01/24 |
2,720 | 2,761,954 | ||||||
|
5.00%, 10/01/24 |
285 | 290,224 | ||||||
|
5.00%, 10/01/24 (Call 04/01/24) |
9,315 | 9,398,815 | ||||||
|
5.00%, 04/01/25 (Call 04/01/24) |
3,535 | 3,570,530 | ||||||
|
5.00%, 10/01/25 |
4,050 | 4,190,254 | ||||||
|
5.00%, 04/01/26 |
7,110 | 7,408,512 | ||||||
|
5.00%, 04/01/26 (Call 04/01/24) |
8,085 | 8,155,601 | ||||||
|
5.00%, 10/01/26 (PR 04/01/24) |
7,075 | 7,139,994 | ||||||
|
5.00%, 10/01/27 (Call 04/01/24) |
505 | 509,869 | ||||||
|
5.00%, 10/01/34 (PR 04/01/24) |
140 | 141,286 | ||||||
|
5.00%, 04/01/44 (PR 04/01/24) |
405 | 408,720 | ||||||
|
VRDN, 4.15%, 12/01/43(a) |
5,175 | 5,175,000 | ||||||
|
Series A, 5.00%, 10/01/23 |
1,060 | 1,061,270 | ||||||
|
Series A, 5.00%, 10/01/23 |
5,720 | 5,726,855 | ||||||
|
Series A, 5.00%, 10/01/24 |
1,085 | 1,103,539 | ||||||
|
Series A, 5.00%, 04/01/25 |
1,250 | 1,284,030 | ||||||
|
Series A, 5.00%, 10/01/25 (Call 10/01/24) |
17,110 | 17,374,592 | ||||||
|
Series A, 5.00%, 10/01/26 |
2,000 | 2,103,698 | ||||||
|
Series A, 5.00%, 10/01/26 (Call 10/01/25) |
2,845 | 2,936,397 | ||||||
|
Series A, 5.00%, 10/01/27 (Call 10/01/25) |
7,030 | 7,257,267 | ||||||
|
Series A, 5.00%, 10/01/30 (PR 10/01/24) |
19,675 | 19,993,989 | ||||||
|
Series A, 5.00%, 10/01/44 (PR 10/01/24) |
1,415 | 1,437,941 | ||||||
|
State of Texas GOL, Series A, 5.00%, 08/01/25 |
1,430 | 1,475,158 | ||||||
|
Tarrant County College District GOL |
||||||||
|
5.00%, 08/15/24 |
800 | 811,541 | ||||||
|
5.00%, 08/15/25 |
3,500 | 3,611,614 | ||||||
|
Tarrant Regional Water District Water Supply System Revenue RB |
||||||||
|
5.00%, 03/01/27 (Call 03/01/25) |
1,390 | 1,421,614 | ||||||
|
5.00%, 03/01/30 (PR 03/01/24) |
8,025 | 8,086,223 | ||||||
|
Security |
Par (000) |
Value |
||||||
| Texas (continued) | ||||||||
|
Texas A&M University RB |
||||||||
|
5.00%, 05/15/25 |
$ | 1,660 | $ | 1,707,711 | ||||
|
5.00%, 05/15/26 |
3,115 | 3,261,353 | ||||||
|
5.00%, 05/15/27 |
7,350 | 7,845,391 | ||||||
|
Series C, 5.00%, 05/15/24 |
330 | 333,806 | ||||||
|
Series C, 5.00%, 05/15/26 |
170 | 177,987 | ||||||
|
Series E, 5.00%, 05/15/24 |
4,785 | 4,840,185 | ||||||
|
Series E, 5.00%, 05/15/25 |
4,760 | 4,896,016 | ||||||
|
Texas Public Finance Authority RB, 5.00%, 02/01/27 |
2,870 | 3,028,978 | ||||||
|
Texas State University System RB |
||||||||
|
Series A, 5.00%, 03/15/25 |
4,925 | 5,047,811 | ||||||
|
Series A, 5.00%, 03/15/26 |
540 | 562,353 | ||||||
|
Texas Transportation Commission GO, VRDN, 0.65%, 10/01/41 (Put 10/01/25)(a) |
5,000 | 4,533,506 | ||||||
|
Texas Transportation Commission State Highway Fund RB |
||||||||
|
5.00%, 04/01/33 (PR 04/01/24) |
20,000 | 20,178,052 | ||||||
|
5.25%, 04/01/25 |
175 | 180,239 | ||||||
|
First Series, 5.00%, 10/01/23 |
27,385 | 27,417,815 | ||||||
|
First Series, 5.00%, 10/01/24 |
5,920 | 6,027,888 | ||||||
|
First Series, 5.00%, 10/01/25 |
29,150 | 30,147,635 | ||||||
|
First Series, 5.00%, 10/01/26 |
8,895 | 9,372,194 | ||||||
|
Series A, 5.00%, 04/01/24 |
10,670 | 10,769,836 | ||||||
|
Series A, 5.00%, 10/01/24 |
5,500 | 5,596,737 | ||||||
|
Series A, 5.00%, 04/01/25 (Call 04/01/24) |
7,050 | 7,118,054 | ||||||
|
Series A, 5.00%, 10/01/25 |
1,395 | 1,442,743 | ||||||
|
Texas Water Development Board RB |
||||||||
|
5.00%, 10/15/23 |
2,765 | 2,769,518 | ||||||
|
5.00%, 10/15/24 |
2,600 | 2,643,995 | ||||||
|
5.00%, 08/01/25 |
1,300 | 1,341,783 | ||||||
|
5.00%, 04/15/26 |
675 | 706,090 | ||||||
|
5.00%, 08/01/26 |
545 | 573,475 | ||||||
|
5.00%, 10/15/26 |
800 | 844,264 | ||||||
|
5.00%, 08/01/27 |
170 | 181,385 | ||||||
|
5.00%, 10/15/27 |
1,835 | 1,963,801 | ||||||
|
Series A, 5.00%, 04/15/24 |
1,925 | 1,942,813 | ||||||
|
Series B, 5.00%, 04/15/25 |
1,035 | 1,062,253 | ||||||
|
Series B, 5.00%, 04/15/26 |
330 | 345,200 | ||||||
|
University of Texas System (The) RB, Series D, 5.00%, 08/15/26 |
630 | 662,362 | ||||||
|
|
|
|||||||
| 883,269,446 | ||||||||
| Utah — 1.1% | ||||||||
|
Alpine School District/UT GO, 5.00%, 03/15/27 (GTD) |
6,000 | 6,398,059 | ||||||
|
Central Utah Water Conservancy District GOL, 5.00%, 04/01/25 |
9,525 | 9,784,309 | ||||||
|
Intermountain Power Agency RB, Series A, 5.00%, 07/01/27 |
3,475 | 3,712,171 | ||||||
|
State of Utah GO |
||||||||
|
3.00%, 07/01/25 |
70 | 69,561 | ||||||
|
5.00%, 07/01/24 |
14,775 | 14,984,044 | ||||||
|
5.00%, 07/01/25 |
5,940 | 6,130,603 | ||||||
|
5.00%, 07/01/26 |
4,120 | 4,334,735 | ||||||
|
5.00%, 07/01/27 (Call 01/01/27) |
25 | 26,626 | ||||||
|
Series B, 5.00%, 07/01/24 |
9,085 | 9,213,539 | ||||||
|
Series B, 5.00%, 07/01/25 |
7,150 | 7,379,429 | ||||||
|
Series B, 5.00%, 07/01/26 |
2,975 | 3,130,057 | ||||||
|
Series B, 5.00%, 07/01/27 |
7,915 | 8,499,545 | ||||||
|
University of Utah (The) RB |
||||||||
|
5.00%, 08/01/27 |
1,605 | 1,717,978 | ||||||
|
Series A, 5.00%, 08/01/25 |
1,075 | 1,109,551 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
103 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® Short-Term National Muni Bond ETF (Percentages shown are based on Net Assets) |
|
Security |
Par (000) |
Value |
||||||
| Utah (continued) | ||||||||
|
Series B-1, 5.00%, 08/01/26 (SAP) |
$ | 1,500 | $ | 1,574,962 | ||||
|
Utah Transit Authority RB |
||||||||
|
5.00%, 06/15/34 (PR 06/15/25) |
5,000 | 5,152,594 | ||||||
|
Series A, 5.00%, 06/15/26 (PR 06/15/25) |
5,025 | 5,178,357 | ||||||
|
Series A, 5.00%, 06/15/30 (PR 06/15/25) |
4,005 | 4,127,228 | ||||||
|
Series A, 5.00%, 06/15/37 (PR 06/15/25) |
7,040 | 7,254,852 | ||||||
|
Series A, 5.00%, 06/15/38 (PR 06/15/25) |
2,385 | 2,457,787 | ||||||
|
|
|
|||||||
| 102,235,987 | ||||||||
| Vermont — 0.0% | ||||||||
|
State of Vermont GO, Series A, 5.00%, 08/15/24 |
3,325 | 3,380,110 | ||||||
|
|
|
|||||||
| Virginia — 3.6% | ||||||||
|
Chesapeake Bay Bridge & Tunnel District RB, 5.00%, 11/01/23 |
6,300 | 6,310,498 | ||||||
|
City of Alexandria VA GO |
||||||||
|
5.00%, 12/15/25 |
5,195 | 5,403,643 | ||||||
|
Series A, 5.00%, 12/15/25 (SAW) |
2,775 | 2,886,450 | ||||||
|
City of Harrisonburg VA GO, Series A, 5.00%, 07/15/26 (SAW) |
7,165 | 7,534,551 | ||||||
|
City of Newport News VA GO, Series A, 4.00%, 02/01/24 (SAW) |
1,565 | 1,569,731 | ||||||
|
City of Norfolk VA, 5.00%, 09/01/31 (PR 03/01/27) |
1,600 | 1,704,808 | ||||||
|
City of Richmond VA GO, 5.00%, 03/01/24 (SAW) |
100 | 100,836 | ||||||
|
City of Suffolk VA GO |
||||||||
|
3.75%, 02/01/33 (PR 02/01/24) (SAW) |
6,735 | 6,747,013 | ||||||
|
3.75%, 02/01/34 (PR 02/01/24) (SAW) |
6,985 | 6,997,459 | ||||||
|
3.75%, 02/01/35 (PR 02/01/24) (SAW) |
4,905 | 4,913,749 | ||||||
|
Commonwealth of Virginia GO |
||||||||
|
5.00%, 06/01/24 |
1,010 | 1,022,687 | ||||||
|
Series B, 5.00%, 06/01/26 (Call 06/01/25) (SAW) |
11,810 | 12,177,408 | ||||||
|
County of Arlington VA GO |
||||||||
|
5.00%, 08/15/26 |
1,620 | 1,708,821 | ||||||
|
5.00%, 08/15/27 (Call 08/15/26) |
75 | 79,137 | ||||||
|
5.00%, 06/15/28 |
555 | 607,242 | ||||||
|
Series B, 5.00%, 08/15/25 |
1,015 | 1,050,083 | ||||||
|
County of Chesterfield VA GO, Series B, 5.00%, 01/01/25 |
1,790 | 1,830,686 | ||||||
|
County of Fairfax VA GO |
||||||||
|
4.00%, 10/01/25 |
5,825 | 5,916,788 | ||||||
|
4.00%, 10/01/26 (SAW) |
1,415 | 1,453,555 | ||||||
|
4.00%, 10/01/27 |
150 | 155,954 | ||||||
|
4.00%, 10/01/27 (SAW) |
3,750 | 3,898,847 | ||||||
|
4.00%, 10/01/33 (PR 10/01/24) (SAW) |
5,030 | 5,069,639 | ||||||
|
5.00%, 10/01/25 (Call 10/01/24) (SAW) |
3,525 | 3,591,452 | ||||||
|
Series A, 4.00%, 10/01/24 |
8,400 | 8,462,663 | ||||||
|
Series A, 4.00%, 10/01/24 (SAW) |
4,620 | 4,654,465 | ||||||
|
Series A, 4.00%, 10/01/25 |
2,235 | 2,270,218 | ||||||
|
Series A, 4.00%, 10/01/26 (Call 04/01/26) (SAW) |
235 | 240,137 | ||||||
|
Series A, 5.00%, 10/01/23 (SAW) |
4,775 | 4,780,581 | ||||||
|
Series B, 5.00%, 04/01/24 (SAW) |
5,310 | 5,360,589 | ||||||
|
Series B, 5.00%, 10/01/24 (SAW) |
4,555 | 4,636,564 | ||||||
|
County of Henrico VA GO, Series A, 5.00%, 08/01/25 (SAW) |
1,470 | 1,518,899 | ||||||
|
County of Loudoun VA GO |
||||||||
|
Series A, 5.00%, 12/01/23 |
3,015 | 3,027,093 | ||||||
|
Series A, 5.00%, 12/01/24 (SAW) |
255 | 260,355 | ||||||
|
Series A, 5.00%, 12/01/25 (SAW) |
9,000 | 9,364,222 | ||||||
|
Series B, 5.00%, 12/01/24 (SAW) |
4,000 | 4,084,006 | ||||||
|
Series B, 5.00%, 12/01/25 (SAW) |
30 | 31,214 | ||||||
|
Security |
Par (000) |
Value |
||||||
| Virginia (continued) | ||||||||
|
County of Prince William VA |
||||||||
|
3.50%, 08/01/31 (PR 08/01/24) |
$ | 3,090 | $ | 3,095,835 | ||||
|
3.50%, 08/01/32 (PR 08/01/24) |
3,090 | 3,095,835 | ||||||
|
3.50%, 08/01/33 (PR 08/01/24) |
590 | 591,114 | ||||||
|
3.75%, 08/01/34 (PR 08/01/24) |
3,090 | 3,102,668 | ||||||
|
3.75%, 08/01/35 (PR 08/01/24) |
3,090 | 3,102,668 | ||||||
|
Fairfax County Water Authority RB, 5.25%, 04/01/24 |
5,615 | 5,677,658 | ||||||
|
Hampton Roads Transportation Accountability Commission, 5.00%, 07/01/52 (PR 01/01/28) |
6,000 | 6,500,643 | ||||||
|
Upper Occoquan Sewage Authority RB, 4.00%, 07/01/39 (PR 07/01/25) |
1,000 | 1,012,931 | ||||||
|
Virginia College Building Authority RB |
||||||||
|
5.00%, 09/01/23 (ST INTERCEPT) |
1,490 | 1,490,000 | ||||||
|
5.00%, 09/01/23 (ETM) (ST INTERCEPT) |
10 | 10,000 | ||||||
|
5.00%, 02/01/24 |
6,425 | 6,469,282 | ||||||
|
5.00%, 02/01/25 |
14,185 | 14,528,706 | ||||||
|
5.00%, 02/01/26 |
8,165 | 8,514,388 | ||||||
|
5.00%, 02/01/27 |
27,955 | 29,716,875 | ||||||
|
5.00%, 02/01/27 (Call 02/01/26) |
515 | 536,156 | ||||||
|
Series A, 5.00%, 02/01/25 |
855 | 875,717 | ||||||
|
Series A, 5.00%, 02/01/26 |
11,000 | 11,470,700 | ||||||
|
Series A, 5.00%, 09/01/27 (PR 09/01/24) (SAW) |
1,000 | 1,016,400 | ||||||
|
Series B, 5.00%, 09/01/24 |
125 | 127,111 | ||||||
|
Series E, 5.00%, 02/01/24 |
2,285 | 2,300,749 | ||||||
|
Series E, 5.00%, 02/01/25 |
2,225 | 2,278,912 | ||||||
|
Series E, 5.00%, 02/01/26 |
465 | 484,898 | ||||||
|
Virginia Commonwealth Transportation Board RB |
||||||||
|
5.00%, 09/15/23 |
1,725 | 1,725,807 | ||||||
|
5.00%, 03/15/24 |
1,610 | 1,624,513 | ||||||
|
5.00%, 09/15/24 |
5,640 | 5,738,651 | ||||||
|
5.00%, 03/15/25 |
2,545 | 2,612,291 | ||||||
|
5.00%, 05/15/25 |
10 | 10,289 | ||||||
|
5.00%, 09/15/25 |
650 | 673,137 | ||||||
|
5.00%, 03/15/26 |
410 | 428,493 | ||||||
|
5.00%, 05/15/26 (Call 05/15/24) |
350 | 354,399 | ||||||
|
5.00%, 09/15/26 |
250 | 263,937 | ||||||
|
5.00%, 09/15/27 |
180 | 193,768 | ||||||
|
5.00%, 03/15/28 (Call 09/15/26) |
500 | 525,180 | ||||||
|
Series A, 5.00%, 05/15/24 |
7,525 | 7,612,304 | ||||||
|
Series A, 5.00%, 05/15/25 |
750 | 771,681 | ||||||
|
Series A, 5.00%, 05/15/26 |
655 | 686,812 | ||||||
|
Series A, 5.00%, 05/15/27 |
5,505 | 5,897,930 | ||||||
|
Virginia Public Building Authority RB |
||||||||
|
5.00%, 08/01/27 |
50 | 53,653 | ||||||
|
Series A, 5.00%, 08/01/26 |
5,500 | 5,787,365 | ||||||
|
Series A-1, 5.00%, 08/01/26 |
9,005 | 9,475,494 | ||||||
|
Series B, 5.00%, 08/01/25 |
440 | 454,059 | ||||||
|
Series B, 5.00%, 08/01/26 |
3,835 | 4,035,371 | ||||||
|
Series B, 5.00%, 08/01/26 (Call 08/01/25) |
3,050 | 3,147,070 | ||||||
|
Series C, 5.00%, 08/01/24 |
300 | 304,547 | ||||||
|
Virginia Public School Authority RB |
||||||||
|
3.50%, 08/01/32 (PR 08/01/24) (SAW) |
4,925 | 4,934,301 | ||||||
|
3.50%, 08/01/33 (PR 08/01/24) (SAW) |
4,920 | 4,929,291 | ||||||
|
3.75%, 08/01/34 (PR 08/01/24) (SAW) |
4,920 | 4,940,170 | ||||||
|
3.75%, 08/01/35 (PR 08/01/24) (SAW) |
4,920 | 4,940,170 | ||||||
|
5.00%, 08/01/24 (SAW) |
2,410 | 2,447,389 | ||||||
|
5.00%, 02/01/25 |
1,735 | 1,776,558 | ||||||
|
5.00%, 03/01/25 (SAW) |
125 | 128,218 | ||||||
|
5.00%, 08/01/25 |
2,245 | 2,318,837 | ||||||
|
5.00%, 08/01/26 |
1,305 | 1,374,670 | ||||||
| 104 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® Short-Term National Muni Bond ETF (Percentages shown are based on Net Assets) |
|
Security |
Par (000) |
Value |
||||||
| Virginia (continued) | ||||||||
|
5.00%, 08/01/26 (SAW) |
$ | 2,120 | $ | 2,233,180 | ||||
|
5.00%, 04/15/27 |
2,745 | 2,930,078 | ||||||
|
Series 2022, 5.00%, 01/15/27 |
5,550 | 5,903,687 | ||||||
|
Virginia Resources Authority Clean Water Revolving Fund RB, 5.00%, 10/01/23 |
3,280 | 3,283,689 | ||||||
|
|
|
|||||||
| 331,938,278 | ||||||||
| Washington — 4.6% | ||||||||
|
Central Puget Sound Regional Transit Authority RB |
||||||||
|
5.00%, 11/01/26 |
1,260 | 1,332,781 | ||||||
|
Series S-1, 5.00%, 11/01/23 |
3,000 | 3,006,654 | ||||||
|
Series S-1, 5.00%, 11/01/24 |
1,355 | 1,380,254 | ||||||
|
Series S-1, 5.00%, 11/01/25 |
2,000 | 2,074,126 | ||||||
|
Series S-1, 5.00%, 11/01/26 |
3,885 | 4,109,407 | ||||||
|
Series S-1, 5.00%, 11/01/26 (PR 11/01/25) |
2,670 | 2,767,828 | ||||||
|
Series S-1, 5.00%, 11/01/31 (PR 11/01/25) |
6,065 | 6,287,220 | ||||||
|
Series S-1, 5.00%, 11/01/35 (PR 11/01/25) |
1,990 | 2,062,913 | ||||||
|
Series S-1, 5.00%, 11/01/45 (PR 11/01/25) |
7,000 | 7,256,478 | ||||||
|
Central Puget Sound Regional Transit Authority Sales & Rental Car Taxes Revenue RB |
||||||||
|
Series S-1, 5.00%, 11/01/30 (PR 11/01/25) |
4,165 | 4,317,604 | ||||||
|
Series S-1, 5.00%, 11/01/32 (PR 11/01/25) |
2,120 | 2,197,676 | ||||||
|
Series S-1, VRDN, 5.00%, 11/01/50 (PR 11/01/25) |
15,050 | 15,601,427 | ||||||
|
City of Seattle WA Drainage & Wastewater Revenue RB |
||||||||
|
4.00%, 04/01/26 |
130 | 132,567 | ||||||
|
5.00%, 09/01/23 |
7,025 | 7,025,000 | ||||||
|
5.00%, 09/01/24 |
7,425 | 7,550,403 | ||||||
|
5.00%, 09/01/25 |
8,095 | 8,368,964 | ||||||
|
5.00%, 04/01/27 (Call 04/01/26) |
1,555 | 1,621,944 | ||||||
|
City of Seattle WA GOL |
||||||||
|
4.00%, 09/01/26 |
2,000 | 2,052,016 | ||||||
|
5.00%, 12/01/24 |
100 | 102,112 | ||||||
|
5.00%, 06/01/25 |
145 | 149,356 | ||||||
|
5.00%, 12/01/26 |
2,495 | 2,643,441 | ||||||
|
Series A, 5.00%, 12/01/23 |
535 | 537,133 | ||||||
|
Series A, 5.00%, 04/01/24 |
3,500 | 3,533,941 | ||||||
|
City of Seattle WA Municipal Light & Power Revenue RB |
||||||||
|
5.00%, 09/01/24 |
345 | 350,827 | ||||||
|
5.00%, 07/01/26 |
5,000 | 5,250,916 | ||||||
|
5.00%, 07/01/27 |
2,800 | 2,999,455 | ||||||
|
5.00%, 03/01/28 |
13,645 | 14,802,523 | ||||||
|
Series A, 5.00%, 01/01/24 |
660 | 663,656 | ||||||
|
Series A, 5.00%, 07/01/26 |
985 | 1,034,431 | ||||||
|
Series C, 5.00%, 09/01/26 |
3,225 | 3,398,400 | ||||||
|
City of Seattle WA Water System Revenue RB, 5.00%, 09/01/24 |
5,910 | 6,009,816 | ||||||
|
County of King WA GOL |
||||||||
|
5.00%, 07/01/35 (PR 01/01/25) |
860 | 878,762 | ||||||
|
5.00%, 07/01/36 (PR 01/01/25) |
5,775 | 5,900,988 | ||||||
|
Series A, 4.00%, 01/01/27 |
1,675 | 1,723,459 | ||||||
|
Series A, VRDN, 4.00%, 01/01/46 (Put 08/31/23)(a) |
20,300 | 20,300,000 | ||||||
|
County of King WA Sewer Revenue RB |
||||||||
|
5.00%, 07/01/24 |
120 | 121,668 | ||||||
|
5.00%, 01/01/28 |
9,310 | 10,078,960 | ||||||
|
5.00%, 07/01/40 (PR 01/01/25) |
5,010 | 5,122,568 | ||||||
|
5.00%, 07/01/47 (PR 01/01/25) |
8,945 | 9,145,982 | ||||||
|
Series A, VRDN, 0.63%, 01/01/32 (Put 09/21/23)(a) |
3,065 | 3,028,247 | ||||||
|
County of Snohomish WA GOL |
||||||||
|
5.00%, 12/01/25 |
2,000 | 2,077,418 | ||||||
|
5.00%, 12/01/26 |
1,500 | 1,587,817 | ||||||
|
County of Spokane WA GOL, 5.00%, 12/01/23 |
1,640 | 1,646,578 | ||||||
|
Security |
Par (000) |
Value |
||||||
| Washington (continued) | ||||||||
|
Energy Northwest RB |
||||||||
|
4.00%, 07/01/24 |
$ | 55 | $ | 55,309 | ||||
|
5.00%, 07/01/24 |
15 | 15,205 | ||||||
|
5.00%, 07/01/25 |
9,350 | 9,636,608 | ||||||
|
5.00%, 07/01/26 (Call 07/01/25) |
20 | 20,576 | ||||||
|
5.00%, 07/01/27 (Call 07/01/25) |
300 | 308,480 | ||||||
|
5.00%, 07/01/28 |
15,000 | 16,348,738 | ||||||
|
Series A, 5.00%, 07/01/24 |
1,025 | 1,039,001 | ||||||
|
Series A, 5.00%, 07/01/25 |
1,805 | 1,860,329 | ||||||
|
Series A, 5.00%, 07/01/26 |
2,415 | 2,537,528 | ||||||
|
Series C, 5.00%, 07/01/25 |
3,485 | 3,591,827 | ||||||
|
Series C-1, 5.00%, 07/01/25 (Call 07/01/24) |
800 | 810,311 | ||||||
|
King County School District No. 405 Bellevue GO, 5.00%, 12/01/23 (GTD) |
1,775 | 1,782,119 | ||||||
|
Pierce County School District No. 403 Bethel GO, 4.00%, 12/01/23 (GTD) |
5,000 | 5,008,064 | ||||||
|
Port of Seattle WA RB |
||||||||
|
5.00%, 08/01/25 |
1,865 | 1,919,366 | ||||||
|
5.00%, 08/01/26 |
1,170 | 1,229,135 | ||||||
|
5.00%, 08/01/27 |
2,500 | 2,665,539 | ||||||
|
State of Washington, 5.00%, 06/01/24 |
1,640 | 1,660,481 | ||||||
|
State of Washington GO |
||||||||
|
0.00%, 12/01/23 (AMBAC)(b) |
10,830 | 10,736,250 | ||||||
|
0.00%, 12/01/23 (NPFGC)(b) |
8,130 | 8,059,623 | ||||||
|
4.00%, 07/01/26 |
2,500 | 2,559,809 | ||||||
|
4.00%, 08/01/26 |
120 | 122,995 | ||||||
|
5.00%, 07/01/24 |
22,050 | 22,356,581 | ||||||
|
5.00%, 08/01/24 |
10,000 | 10,153,347 | ||||||
|
5.00%, 02/01/25 |
410 | 419,878 | ||||||
|
5.00%, 02/01/25 (Call 02/01/24) |
150 | 151,059 | ||||||
|
5.00%, 07/01/25 |
7,480 | 7,715,992 | ||||||
|
5.00%, 02/01/26 |
3,080 | 3,213,251 | ||||||
|
5.00%, 07/01/26 (Call 01/01/26) |
2,215 | 2,300,241 | ||||||
|
5.00%, 08/01/26 (Call 08/01/25) |
30 | 30,903 | ||||||
|
5.00%, 02/01/27 |
165 | 175,399 | ||||||
|
5.00%, 07/01/27 |
95 | 101,838 | ||||||
|
5.00%, 07/01/27 (Call 01/01/25) |
410 | 418,659 | ||||||
|
5.00%, 08/01/27 |
30 | 32,215 | ||||||
|
5.00%, 06/01/28 |
13,735 | 14,990,642 | ||||||
|
5.00%, 08/01/28 |
14,540 | 15,921,451 | ||||||
|
Series B, 5.00%, 07/01/24 |
3,500 | 3,548,663 | ||||||
|
Series C, 5.00%, 02/01/26 |
5,175 | 5,398,888 | ||||||
|
Series C, 5.00%, 02/01/27 |
19,030 | 20,229,373 | ||||||
|
Series D, 5.00%, 02/01/27 |
45 | 47,836 | ||||||
|
Series E, 5.00%, 06/01/25 |
1,000 | 1,030,039 | ||||||
|
Series E, 5.00%, 06/01/26 |
5,910 | 6,207,330 | ||||||
|
Series R, 4.00%, 07/01/27 |
5,000 | 5,171,475 | ||||||
|
Series R-2008, 5.00%, 02/01/27 |
5,015 | 5,331,072 | ||||||
|
Series R-2015, 5.00%, 07/01/24 |
1,870 | 1,894,629 | ||||||
|
Series R-2015E, 5.00%, 07/01/24 |
620 | 628,620 | ||||||
|
Series R-2017C, 5.00%, 08/01/24 |
3,035 | 3,081,541 | ||||||
|
Series R-2018C, 5.00%, 08/01/24 |
2,570 | 2,609,410 | ||||||
|
Series R-2018C, 5.00%, 08/01/25 |
700 | 722,760 | ||||||
|
Series R-2018D, 5.00%, 08/01/24 |
985 | 1,000,105 | ||||||
|
Series R-2018D, 5.00%, 08/01/25 |
975 | 1,007,250 | ||||||
|
Series R-2020C, 5.00%, 07/01/25 |
4,345 | 4,482,083 | ||||||
|
Series R-2020D, 5.00%, 07/01/25 |
4,535 | 4,678,078 | ||||||
|
Series R-F, 5.00%, 07/01/25 (Call 01/01/25) |
2,000 | 2,046,123 | ||||||
|
Series-R-2020D, 5.00%, 07/01/26 |
5,335 | 5,613,061 | ||||||
|
S C H E D U L E O F I N V E S T M E N T S |
105 |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® Short-Term National Muni Bond ETF (Percentages shown are based on Net Assets) |
|
Security |
Par (000) |
Value |
||||||
| Washington (continued) | ||||||||
|
State of Washington RB |
||||||||
|
5.00%, 09/01/23 |
$ | 5,175 | $ | 5,175,000 | ||||
|
5.00%, 09/01/24 |
3,765 | 3,821,235 | ||||||
|
Series C, 5.00%, 09/01/23 |
835 | 835,000 | ||||||
|
Series C, 5.00%, 09/01/24 (Call 09/21/23) |
705 | 705,460 | ||||||
|
University of Washington RB |
||||||||
|
Series B, 5.00%, 06/01/27 (Call 06/01/25) |
5,175 | 5,320,050 | ||||||
|
Series C, 5.00%, 04/01/24 |
1,050 | 1,059,944 | ||||||
|
|
|
|||||||
| 423,827,490 | ||||||||
| West Virginia — 0.1% | ||||||||
|
State of West Virginia GO |
||||||||
|
Series A, 3.00%, 11/01/25 |
425 | 418,870 | ||||||
|
Series A, 5.00%, 06/01/25 |
530 | 545,467 | ||||||
|
Series A, 5.00%, 06/01/28 |
4,710 | 5,129,698 | ||||||
|
West Virginia Commissioner of Highways RB |
||||||||
|
Series A, 5.00%, 09/01/23 |
710 | 710,000 | ||||||
|
Series A, 5.00%, 09/01/26 |
1,045 | 1,095,398 | ||||||
|
|
|
|||||||
| 7,899,433 | ||||||||
| Wisconsin — 2.0% | ||||||||
|
Germantown School District GO |
||||||||
|
4.00%, 04/01/34 (PR 04/01/27) |
4,585 | 4,700,166 | ||||||
|
4.00%, 04/01/36 (PR 04/01/27) |
6,795 | 6,965,678 | ||||||
|
4.00%, 04/01/37 (PR 04/01/27) |
7,070 | 7,247,585 | ||||||
|
State of Wisconsin Clean Water Fund Leveraged Loan Portfolio RB |
||||||||
|
5.00%, 06/01/30 (PR 06/01/24) |
1,805 | 1,824,369 | ||||||
|
5.00%, 06/01/31 (PR 06/01/24) |
3,000 | 3,032,192 | ||||||
|
State of Wisconsin Environmental Improvement Fund Revenue RB |
||||||||
|
Series A, 5.00%, 06/01/24 |
1,615 | 1,635,050 | ||||||
|
Series A, 5.00%, 06/01/26 |
1,405 | 1,474,552 | ||||||
|
State of Wisconsin GO |
||||||||
|
5.00%, 05/01/25 |
100 | 102,855 | ||||||
|
5.00%, 05/01/26 (Call 05/01/25) |
160 | 164,680 | ||||||
|
5.00%, 05/01/27 |
3,000 | 3,210,460 | ||||||
|
5.00%, 11/01/27 (Call 05/01/27) |
1,010 | 1,079,583 | ||||||
|
5.00%, 05/01/28 |
12,880 | 14,028,808 | ||||||
|
5.00%, 05/01/32 (PR 05/01/25) |
17,780 | 18,284,641 | ||||||
|
5.00%, 05/01/35 (PR 05/01/24) |
2,535 | 2,561,620 | ||||||
|
Series 1, 5.00%, 11/01/23 |
4,035 | 4,044,905 | ||||||
|
Series 1, 5.00%, 11/01/24 |
1,495 | 1,523,888 | ||||||
|
Series 1, 5.00%, 11/01/25 (Call 05/01/25) |
3,295 | 3,389,231 | ||||||
|
Series 1, 5.00%, 05/01/26 |
9,185 | 9,630,711 | ||||||
|
Series 2, 5.00%, 11/01/23 |
135 | 135,331 | ||||||
|
Series 2, 5.00%, 11/01/24 |
11,965 | 12,196,197 | ||||||
|
Series 2, 5.00%, 11/01/25 |
4,605 | 4,780,550 | ||||||
|
Security |
Par (000) |
Value |
||||||
| Wisconsin (continued) | ||||||||
|
Series 2, 5.00%, 11/01/26 |
$ | 3,945 | $ | 4,178,973 | ||||
|
Series 2, 5.00%, 11/01/27 (Call 05/01/27) |
485 | 518,414 | ||||||
|
Series 2021-2, 5.00%, 05/01/25 |
1,330 | 1,367,966 | ||||||
|
Series 4, 5.00%, 05/01/25 (Call 11/01/24) |
6,230 | 6,352,900 | ||||||
|
Series 4, 5.00%, 05/01/26 (Call 11/01/24) |
370 | 377,586 | ||||||
|
Series A, 5.00%, 05/01/24 |
9,305 | 9,406,344 | ||||||
|
Series B, 5.00%, 05/01/24 |
985 | 995,728 | ||||||
|
Series B, 5.00%, 05/01/25 |
7,465 | 7,678,093 | ||||||
|
Series B, 5.00%, 05/01/26 |
5,725 | 6,002,811 | ||||||
|
Series C, 5.00%, 05/01/24 |
110 | 111,198 | ||||||
|
State of Wisconsin RB |
||||||||
|
5.00%, 05/01/28 (PR 05/01/27) |
15,180 | 16,201,477 | ||||||
|
Series A, 5.00%, 05/01/24 |
715 | 722,973 | ||||||
|
Series A, 5.00%, 05/01/25 |
165 | 169,683 | ||||||
|
Wisconsin Department of Transportation RB |
||||||||
|
4.00%, 07/01/25 (Call 07/01/24) |
11,200 | 11,257,116 | ||||||
|
5.00%, 07/01/27 (Call 07/01/24) |
5,930 | 6,007,136 | ||||||
|
5.00%, 07/01/34 (PR 07/01/24) |
165 | 166,905 | ||||||
|
Series 1, 5.00%, 07/01/25 |
290 | 298,889 | ||||||
|
Series 1, 5.00%, 07/01/32 (PR 07/01/24) |
1,100 | 1,114,040 | ||||||
|
Series 1, 5.00%, 07/01/34 (PR 07/01/24) |
3,050 | 3,088,929 | ||||||
|
Series 1, 5.00%, 07/01/35 (PR 07/01/24) |
2,780 | 2,815,483 | ||||||
|
Series 2, 5.00%, 07/01/24 |
520 | 527,188 | ||||||
|
Series A, 5.00%, 07/01/24 |
5,230 | 5,302,291 | ||||||
|
|
|
|||||||
| 186,675,175 | ||||||||
|
|
|
|||||||
|
Total
Long-Term Investments — 99.6% |
9,182,639,947 | |||||||
|
|
|
|||||||
|
Short-Term Securities |
||||||||
|
Money Market Funds — 0.0% |
||||||||
|
BlackRock
Liquidity Funds: MuniCash, |
3,415 | 3,415,208 | ||||||
|
|
|
|||||||
|
Total
Short-Term Securities — 0.0% |
3,415,208 | |||||||
|
|
|
|||||||
|
Total
Investments — 99.6% |
9,186,055,155 | |||||||
|
Other Assets Less Liabilities — 0.4% |
|
37,590,441 | ||||||
|
|
|
|||||||
|
Net Assets — 100.0% |
|
$ | 9,223,645,596 | |||||
|
|
|
|||||||
| (a) |
Variable rate security. Rate as of period end and maturity is the date the principal owed can be recovered through demand. |
| (b) |
Zero-coupon bond. |
| (c) |
Affiliate of the Fund. |
| (d) |
Annualized 7-day yield as of period end. |
Affiliates
Investments in issuers considered to be affiliate(s) of the Fund during the six months ended August 31, 2023 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:
| Affiliated Issuer | Value at 02/28/23 |
Purchases at Cost |
Proceeds from Sale |
Net Realized Gain (Loss) |
Change
in Unrealized Appreciation (Depreciation) |
Value at 08/31/23 |
Shares Held at 08/31/23 (000) |
Income | Capital
Gain Distributions from Underlying Funds |
|||||||||||||||||||||||||||
|
BlackRock Liquidity Funds: MuniCash |
$ | 28,996,334 | $ | — | $ | (25,606,481 | )(a) | $ | 28,254 | $ | (2,899 | ) | $ | 3,415,208 | 3,415 | $ | 424,463 | $ | — | |||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||||
| (a) |
Represents net amount purchased (sold). |
| 106 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
|
Schedule of Investments (unaudited) (continued) August 31, 2023 |
iShares® Short-Term National Muni Bond ETF |
Fair Value Hierarchy as of Period End
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.
| Level 1 | Level 2 | Level 3 | Total | |||||||||||||
|
Assets |
||||||||||||||||
|
Investments |
||||||||||||||||
|
Long-Term Investments |
||||||||||||||||
|
Municipal Debt Obligations |
$ | — | $ | 9,182,639,947 | $ | — | $ | 9,182,639,947 | ||||||||
|
Short-Term Securities |
||||||||||||||||
|
Money Market Funds |
3,415,208 | — | — | 3,415,208 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
| $ | 3,415,208 | $ | 9,182,639,947 | $ | — | $ | 9,186,055,155 | |||||||||
|
|
|
|
|
|
|
|
|
|||||||||
See notes to financial statements.
|
S C H E D U L E O F I N V E S T M E N T S |
107 |
Statements of Assets and Liabilities (unaudited)
August 31, 2023
|
iShares California Muni |
iShares National Muni Bond ETF |
iShares New York Muni Bond |
iShares Short-Term National Muni |
|||||||||||||
|
ASSETS |
||||||||||||||||
|
Investments, at value — unaffiliated(a) |
$ | 2,251,823,223 | $ | 32,863,653,711 | $ | 563,311,990 | $ | 9,182,639,947 | ||||||||
|
Investments, at value — affiliated(b) |
79,008 | 1,244,945 | 133,247 | 3,415,208 | ||||||||||||
|
Cash |
249 | 701 | 2 | 147 | ||||||||||||
|
Receivables: |
||||||||||||||||
|
Investments sold |
— | — | — | 58,784,867 | ||||||||||||
|
Capital shares sold |
— | 94,896,266 | — | — | ||||||||||||
|
Dividends — affiliated |
5,242 | 25,200 | 10,589 | 61,029 | ||||||||||||
|
Interest — unaffiliated |
24,943,605 | 377,373,628 | 6,676,942 | 115,817,282 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total assets |
2,276,851,327 | 33,337,194,451 | 570,132,770 | 9,360,718,480 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
LIABILITIES |
||||||||||||||||
|
Payables: |
||||||||||||||||
|
Investments purchased |
22,428,503 | 240,289,420 | 964,332 | 37,966,872 | ||||||||||||
|
Capital shares redeemed |
— | — | — | 98,548,659 | ||||||||||||
|
Investment advisory fees |
476,383 | 1,919,928 | 119,826 | 557,353 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total liabilities |
22,904,886 | 242,209,348 | 1,084,158 | 137,072,884 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Commitments and contingent liabilities |
||||||||||||||||
|
NET ASSETS |
$ | 2,253,946,441 | $ | 33,094,985,103 | $ | 569,048,612 | $ | 9,223,645,596 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
NET ASSETS CONSIST OF |
||||||||||||||||
|
Paid-in capital |
$ | 2,357,077,909 | $ | 34,555,912,841 | $ | 600,772,064 | $ | 9,443,359,470 | ||||||||
|
Accumulated loss |
(103,131,468 | ) | (1,460,927,738 | ) | (31,723,452 | ) | (219,713,874 | ) | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
NET ASSETS |
$ | 2,253,946,441 | $ | 33,094,985,103 | $ | 569,048,612 | $ | 9,223,645,596 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
NET ASSET VALUE |
||||||||||||||||
|
Shares outstanding |
40,150,000 | 314,500,000 | 10,850,000 | 88,850,000 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Net asset value |
$ | 56.14 | $ | 105.23 | $ | 52.45 | $ | 103.81 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Shares authorized |
Unlimited | Unlimited | Unlimited | Unlimited | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Par value |
None | None | None | None | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
(a) Investments, at cost — unaffiliated |
$ | 2,343,079,624 | $ | 34,066,418,218 | $ | 591,681,683 | $ | 9,387,666,107 | ||||||||
|
(b) Investments, at cost — affiliated |
$ | 79,008 | $ | 1,244,945 | $ | 133,247 | $ | 3,415,208 | ||||||||
See notes to financial statements.
| 108 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
Statements of Operations (unaudited)
Six Months Ended August 31, 2023
| iShares California Muni Bond ETF |
iShares Muni Bond ETF |
iShares New York Muni Bond ETF |
iShares Short-Term National Muni Bond |
|||||||||||||
|
INVESTMENT INCOME |
||||||||||||||||
|
Dividends — affiliated |
$ | 60,631 | $ | 727,504 | $ | 78,803 | $ | 424,463 | ||||||||
|
Interest — unaffiliated |
27,518,048 | 439,941,711 | 7,195,146 | 85,452,094 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total investment income |
27,578,679 | 440,669,215 | 7,273,949 | 85,876,557 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
EXPENSES |
||||||||||||||||
|
Investment advisory |
2,703,722 | 11,368,138 | 706,955 | 3,495,267 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Total expenses |
2,703,722 | 11,368,138 | 706,955 | 3,495,267 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Net investment income |
24,874,957 | 429,301,077 | 6,566,994 | 82,381,290 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
REALIZED AND UNREALIZED GAIN (LOSS) |
||||||||||||||||
|
Net realized gain (loss) from: |
||||||||||||||||
|
Investments — unaffiliated |
(2,217,015 | ) | (66,883,310 | ) | (1,328,745 | ) | (15,614,264 | ) | ||||||||
|
Investments — affiliated |
1,395 | 38,371 | — | 28,254 | ||||||||||||
|
In-kind redemptions — unaffiliated(a) |
— | — | (1,421,676 | ) | — | |||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
| (2,215,620 | ) | (66,844,939 | ) | (2,750,421 | ) | (15,586,010 | ) | |||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Net change in unrealized appreciation (depreciation) on: |
||||||||||||||||
|
Investments — unaffiliated |
(3,796,186 | ) | (11,918,324 | ) | 2,570,638 | 42,193,164 | ||||||||||
|
Investments — affiliated |
(342 | ) | (8,181 | ) | — | (2,899 | ) | |||||||||
|
|
|
|
|
|
|
|
|
|||||||||
| (3,796,528 | ) | (11,926,505 | ) | 2,570,638 | 42,190,265 | |||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Net realized and unrealized gain (loss) |
(6,012,148 | ) | (78,771,444 | ) | (179,783 | ) | 26,604,255 | |||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
NET INCREASE IN NET ASSETS RESULTING FROM OPERATIONS |
$ | 18,862,809 | $ | 350,529,633 | $ | 6,387,211 | $ | 108,985,545 | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
| (a) |
See Note 2 of the Notes to Financial Statements. |
See notes to financial statements.
|
F I N A N C I A L S T A T E M E N T S |
109 |
Statements of Changes in Net Assets
| iShares California Muni Bond ETF |
iShares National Muni Bond ETF |
|||||||||||||||||||
| Six Months Ended 08/31/23 (unaudited) |
Year Ended 02/28/23 |
Six Months Ended 08/31/23 (unaudited) |
Year Ended 02/28/23 |
|||||||||||||||||
|
INCREASE (DECREASE) IN NET ASSETS |
||||||||||||||||||||
|
OPERATIONS |
||||||||||||||||||||
|
Net investment income |
$ | 24,874,957 | $ | 36,575,929 | $ | 429,301,077 | $ | 649,332,815 | ||||||||||||
|
Net realized loss |
(2,215,620 | ) | (23,272,601 | ) | (66,844,939 | ) | (234,052,508 | ) | ||||||||||||
|
Net change in unrealized appreciation (depreciation) |
(3,796,528 | ) | (102,957,155 | ) | (11,926,505 | ) | (1,295,110,901 | ) | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Net increase (decrease) in net assets resulting from operations |
18,862,809 | (89,653,827 | ) | 350,529,633 | (879,830,594 | ) | ||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
DISTRIBUTIONS TO SHAREHOLDERS(a) |
||||||||||||||||||||
|
Decrease in net assets resulting from distributions to shareholders |
(24,213,831 | ) | (35,524,047 | ) | (427,647,123 | ) | (615,942,991 | ) | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
CAPITAL SHARE TRANSACTIONS |
||||||||||||||||||||
|
Net increase in net assets derived from capital share transactions |
330,975,278 | 214,198,363 | 1,760,408,217 | 8,719,268,320 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
NET ASSETS |
||||||||||||||||||||
|
Total increase in net assets |
325,624,256 | 89,020,489 | 1,683,290,727 | 7,223,494,735 | ||||||||||||||||
|
Beginning of period |
1,928,322,185 | 1,839,301,696 | 31,411,694,376 | 24,188,199,641 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
End of period |
$ | 2,253,946,441 | $ | 1,928,322,185 | $ | 33,094,985,103 | $ | 31,411,694,376 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
| (a) |
Distributions for annual periods determined in accordance with U.S. federal income tax regulations. |
See notes to financial statements.
| 110 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
Statements of Changes in Net Assets (continued)
| iShares New York Muni Bond ETF |
iShares Short-Term National Muni Bond ETF |
|||||||||||||||||||
| Six Months Ended 08/31/23 (unaudited) |
Year Ended 02/28/23 |
Six Months Ended 08/31/23 (unaudited) |
Year Ended 02/28/23 |
|||||||||||||||||
|
INCREASE (DECREASE) IN NET ASSETS |
||||||||||||||||||||
|
OPERATIONS |
||||||||||||||||||||
|
Net investment income |
$ | 6,566,994 | $ | 11,102,843 | $ | 82,381,290 | $ | 100,089,501 | ||||||||||||
|
Net realized loss |
(2,750,421 | ) | (1,646,631 | ) | (15,586,010 | ) | (10,827,252 | ) | ||||||||||||
|
Net change in unrealized appreciation (depreciation) |
2,570,638 | (35,182,588 | ) | 42,190,265 | (155,601,743 | ) | ||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
Net increase (decrease) in net assets resulting from operations |
6,387,211 | (25,726,376 | ) | 108,985,545 | (66,339,494 | ) | ||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
DISTRIBUTIONS TO SHAREHOLDERS(a) |
||||||||||||||||||||
|
Decrease in net assets resulting from distributions to shareholders |
(6,539,438 | ) | (10,870,385 | ) | (84,445,817 | ) | (88,927,775 | ) | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
CAPITAL SHARE TRANSACTIONS |
||||||||||||||||||||
|
Net increase (decrease) in net assets derived from capital share transactions |
24,078,091 | 37,618,031 | (1,261,643,255 | ) | 3,097,447,632 | |||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
NET ASSETS |
||||||||||||||||||||
|
Total increase (decrease) in net assets |
23,925,864 | 1,021,270 | (1,237,103,527 | ) | 2,942,180,363 | |||||||||||||||
|
Beginning of period |
545,122,748 | 544,101,478 | 10,460,749,123 | 7,518,568,760 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
|
End of period |
$ | 569,048,612 | $ | 545,122,748 | $ | 9,223,645,596 | $ | 10,460,749,123 | ||||||||||||
|
|
|
|
|
|
|
|
|
|||||||||||||
| (a) |
Distributions for annual periods determined in accordance with U.S. federal income tax regulations. |
See notes to financial statements.
|
F I N A N C I A L S T A T E M E N T S |
111 |
(For a share outstanding throughout each period)
| iShares California Muni Bond ETF | ||||||||||||||||||||||||||||
| |
Six Months Ended 08/31/23 (unaudited) |
|
|
Year Ended 02/28/23 |
|
|
Year Ended 02/28/22 |
|
|
Year Ended 02/28/21 |
|
|
Year Ended 02/29/20 |
|
|
Year Ended 02/28/19 |
| |||||||||||
|
Net asset value, beginning of period |
$ | 56.14 | $ | 60.11 | $ | 61.79 | $ | 62.85 | $ | 58.68 | $ | 58.11 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Net investment income(a) |
0.66 | 1.12 | 0.98 | 1.10 | 1.25 | 1.28 | ||||||||||||||||||||||
|
Net realized and unrealized gain (loss)(b) |
(0.02 | ) | (3.99 | ) | (1.68 | ) | (1.05 | ) | 4.16 | 0.56 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Net increase (decrease) from investment operations |
0.64 | (2.87 | ) | (0.70 | ) | 0.05 | 5.41 | 1.84 | ||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Distributions from net investment income(c) |
(0.64 | ) | (1.10 | ) | (0.98 | ) | (1.11 | ) | (1.24 | ) | (1.27 | ) | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Net asset value, end of period |
$ | 56.14 | $ | 56.14 | $ | 60.11 | $ | 61.79 | $ | 62.85 | $ | 58.68 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Total Return(d) |
||||||||||||||||||||||||||||
|
Based on net asset value |
1.14 | %(e) | (4.78 | )% | (1.13 | )% | 0.06 | % | 9.30 | % | 3.22 | % | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Ratios to Average Net Assets(f) |
||||||||||||||||||||||||||||
|
Total expenses |
0.25 | %(g) | 0.25 | % | 0.25 | % | 0.25 | % | 0.25 | % | 0.25 | % | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Net investment income |
2.30 | %(g) | 1.98 | % | 1.59 | % | 1.77 | % | 2.05 | % | 2.20 | % | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Supplemental Data |
||||||||||||||||||||||||||||
|
Net assets, end of period (000) |
$ | 2,253,946 | $ | 1,928,322 | $ | 1,839,302 | $ | 1,708,487 | $ | 1,580,727 | $ | 1,094,358 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Portfolio turnover rate(h) |
9 | % | 17 | % | 8 | % | 8 | % | 9 | % | 32 | % | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
| (a) |
Based on average shares outstanding. |
| (b) |
The amounts reported for a share outstanding may not accord with the change in aggregate gains and losses in securities for the fiscal period due to the timing of capital share transactions in relation to the fluctuating market values of the Fund’s underlying securities. |
| (c) |
Distributions for annual periods determined in accordance with U.S. federal income tax regulations. |
| (d) |
Where applicable, assumes the reinvestment of distributions. |
| (e) |
Not annualized. |
| (f) |
Excludes fees and expenses incurred indirectly as a result of investments in underlying funds. |
| (g) |
Annualized. |
| (h) |
Portfolio turnover rate excludes in-kind transactions. |
See notes to financial statements.
| 112 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
Financial Highlights (continued)
(For a share outstanding throughout each period)
| iShares National Muni Bond ETF | ||||||||||||||||||||||||||||
| |
Six Months Ended 08/31/23 (unaudited) |
|
|
Year Ended 02/28/23 |
|
|
Year Ended 02/28/22 |
|
|
Year Ended 02/28/21 |
|
|
Year Ended 02/29/20 |
|
|
Year Ended 02/28/19 |
| |||||||||||
|
Net asset value, beginning of period |
$ | 105.44 | $ | 112.61 | $ | 115.31 | $ | 117.12 | $ | 109.84 | $ | 108.64 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Net investment income(a) |
1.41 | 2.41 | 2.07 | 2.42 | 2.75 | 2.77 | ||||||||||||||||||||||
|
Net realized and unrealized gain (loss)(b) |
(0.21 | ) | (7.29 | ) | (2.69 | ) | (1.79 | ) | 7.27 | 1.14 | ||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Net increase (decrease) from investment operations |
1.20 | (4.88 | ) | (0.62 | ) | 0.63 | 10.02 | 3.91 | ||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Distributions from net investment income(c) |
(1.41 | ) | (2.29 | ) | (2.08 | ) | (2.44 | ) | (2.74 | ) | (2.71 | ) | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Net asset value, end of period |
$ | 105.23 | $ | 105.44 | $ | 112.61 | $ | 115.31 | $ | 117.12 | $ | 109.84 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Total Return(d) |
||||||||||||||||||||||||||||
|
Based on net asset value |
1.13 | %(e) | (4.32 | )% | (0.54 | )% | 0.55 | % | 9.21 | % | 3.67 | % | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Ratios to Average Net Assets(f) |
||||||||||||||||||||||||||||
|
Total expenses |
0.07 | %(g) | 0.07 | % | 0.07 | % | 0.07 | % | 0.07 | % | 0.12 | % | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Total expenses after fees waived |
0.07 | %(g) | 0.07 | % | 0.07 | % | 0.07 | % | 0.07 | % | 0.11 | % | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Net investment income |
2.64 | %(g) | 2.27 | % | 1.78 | % | 2.10 | % | 2.42 | % | 2.55 | % | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Supplemental Data |
||||||||||||||||||||||||||||
|
Net assets, end of period (000) |
$ | 33,094,985 | $ | 31,411,694 | $ | 24,188,200 | $ | 20,814,111 | $ | 16,548,522 | $ | 11,412,142 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Portfolio turnover rate(h) |
12 | % | 20 | % | 9 | % | 10 | % | 8 | % | 10 | % | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
| (a) |
Based on average shares outstanding. |
| (b) |
The amounts reported for a share outstanding may not accord with the change in aggregate gains and losses in securities for the fiscal period due to the timing of capital share transactions in relation to the fluctuating market values of the Fund’s underlying securities. |
| (c) |
Distributions for annual periods determined in accordance with U.S. federal income tax regulations. |
| (d) |
Where applicable, assumes the reinvestment of distributions. |
| (e) |
Not annualized. |
| (f) |
Excludes fees and expenses incurred indirectly as a result of investments in underlying funds. |
| (g) |
Annualized. |
| (h) |
Portfolio turnover rate excludes in-kind transactions. |
See notes to financial statements.
|
F I N A N C I A L H I G H L I G H T S |
113 |
Financial Highlights (continued)
(For a share outstanding throughout each period)
| iShares New York Muni Bond ETF | ||||||||||||||||||||||||||||
| |
Six Months Ended 08/31/23 (unaudited) |
|
|
Year Ended 02/28/23 |
|
|
Year Ended 02/28/22 |
|
|
Year Ended 02/28/21 |
|
|
Year Ended 02/29/20 |
|
|
Year Ended 02/28/19 |
| |||||||||||
|
Net asset value, beginning of period |
$ | 52.42 | $ | 56.09 | $ | 57.48 | $ | 58.43 | $ | 55.12 | $ | 54.66 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Net investment income(a) |
0.62 | 1.11 | 1.06 | 1.15 | 1.24 | 1.36 | ||||||||||||||||||||||
|
Net realized and unrealized gain (loss)(b) |
0.03 | (3.70 | ) | (1.39 | ) | (0.96 | ) | 3.31 | 0.46 | |||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Net increase (decrease) from investment operations |
0.65 | (2.59 | ) | (0.33 | ) | 0.19 | 4.55 | 1.82 | ||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Distributions from net investment income(c) |
(0.62 | ) | (1.08 | ) | (1.06 | ) | (1.14 | ) | (1.24 | ) | (1.36 | ) | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Net asset value, end of period |
$ | 52.45 | $ | 52.42 | $ | 56.09 | $ | 57.48 | $ | 58.43 | $ | 55.12 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Total Return(d) |
||||||||||||||||||||||||||||
|
Based on net asset value |
1.23 | %(e) | (4.62 | )% | (0.57 | )% | 0.34 | % | 8.33 | % | 3.39 | % | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Ratios to Average Net Assets(f) |
||||||||||||||||||||||||||||
|
Total expenses |
0.25 | %(g) | 0.25 | % | 0.25 | % | 0.25 | % | 0.25 | % | 0.25 | % | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Net investment income |
2.32 | %(g) | 2.09 | % | 1.83 | % | 2.00 | % | 2.18 | % | 2.49 | % | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Supplemental Data |
||||||||||||||||||||||||||||
|
Net assets, end of period (000) |
$ | 569,049 | $ | 545,123 | $ | 544,101 | $ | 497,241 | $ | 487,913 | $ | 344,518 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Portfolio turnover rate(h) |
9 | % | 12 | % | 8 | % | 5 | % | 7 | % | 19 | % | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
| (a) |
Based on average shares outstanding. |
| (b) |
The amounts reported for a share outstanding may not accord with the change in aggregate gains and losses in securities for the fiscal period due to the timing of capital share transactions in relation to the fluctuating market values of the Fund’s underlying securities. |
| (c) |
Distributions for annual periods determined in accordance with U.S. federal income tax regulations. |
| (d) |
Where applicable, assumes the reinvestment of distributions. |
| (e) |
Not annualized. |
| (f) |
Excludes fees and expenses incurred indirectly as a result of investments in underlying funds. |
| (g) |
Annualized. |
| (h) |
Portfolio turnover rate excludes in-kind transactions. |
See notes to financial statements.
| 114 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
Financial Highlights (continued)
(For a share outstanding throughout each period)
| iShares Short-Term National Muni Bond ETF | ||||||||||||||||||||||||||||
| |
Six Months Ended 08/31/23 (unaudited) |
|
|
Year Ended 02/28/23 |
|
|
Year Ended 02/28/22 |
|
|
Year Ended 02/28/21 |
|
|
Year Ended 02/29/20 |
|
|
Year Ended 02/28/19 |
| |||||||||||
|
Net asset value, beginning of period |
$ | 103.57 | $ | 105.52 | $ | 107.39 | $ | 107.38 | $ | 105.70 | $ | 104.90 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Net investment income(a) |
0.86 | 1.14 | 0.70 | 1.25 | 1.69 | 1.52 | ||||||||||||||||||||||
|
Net realized and unrealized gain (loss)(b) |
0.26 | (2.09 | ) | (1.84 | ) | 0.05 | 1.67 | 0.72 | ||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Net increase (decrease) from investment operations |
1.12 | (0.95 | ) | (1.14 | ) | 1.30 | 3.36 | 2.24 | ||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Distributions from net investment income(c) |
(0.88 | ) | (1.00 | ) | (0.73 | ) | (1.29 | ) | (1.68 | ) | (1.44 | ) | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Net asset value, end of period |
$ | 103.81 | $ | 103.57 | $ | 105.52 | $ | 107.39 | $ | 107.38 | $ | 105.70 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Total Return(d) |
||||||||||||||||||||||||||||
|
Based on net asset value |
1.08 | %(e) | (0.90 | )% | (1.03 | )% | 1.19 | % | 3.19 | % | 2.15 | % | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Ratios to Average Net Assets(f) |
||||||||||||||||||||||||||||
|
Total expenses |
0.07 | %(g) | 0.07 | % | 0.07 | % | 0.07 | % | 0.07 | % | 0.12 | % | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Total expenses after fees waived |
0.07 | %(g) | 0.07 | % | 0.07 | % | 0.07 | % | 0.07 | % | 0.11 | % | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Net investment income |
1.65 | %(g) | 1.10 | % | 0.65 | % | 1.16 | % | 1.59 | % | 1.45 | % | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Supplemental Data |
||||||||||||||||||||||||||||
|
Net assets, end of period (000) |
$ | 9,223,646 | $ | 10,460,749 | $ | 7,518,569 | $ | 4,386,876 | $ | 3,103,353 | $ | 2,172,034 | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
|
Portfolio turnover rate(h) |
12 | % | 26 | % | 16 | % | 18 | % | 19 | % | 24 | % | ||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||
| (a) |
Based on average shares outstanding. |
| (b) |
The amounts reported for a share outstanding may not accord with the change in aggregate gains and losses in securities for the fiscal period due to the timing of capital share transactions in relation to the fluctuating market values of the Fund’s underlying securities. |
| (c) |
Distributions for annual periods determined in accordance with U.S. federal income tax regulations. |
| (d) |
Where applicable, assumes the reinvestment of distributions. |
| (e) |
Not annualized. |
| (f) |
Excludes fees and expenses incurred indirectly as a result of investments in underlying funds. |
| (g) |
Annualized. |
| (h) |
Portfolio turnover rate excludes in-kind transactions. |
See notes to financial statements.
|
F I N A N C I A L H I G H L I G H T S |
115 |
Notes to Financial Statements (unaudited)
| 1. |
ORGANIZATION |
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”):
| iShares ETF |
Diversification Classification | |
|
California Muni Bond |
Non-diversified | |
|
National Muni Bond |
Diversified | |
|
New York Muni Bond |
Non-diversified | |
|
Short-Term National Muni Bond |
Diversified | |
| 2. |
SIGNIFICANT ACCOUNTING POLICIES |
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. 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. Interest income, including amortization and accretion of premiums and discounts on debt securities, is recognized daily on an accrual basis.
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.
| 3. |
INVESTMENT VALUATION AND FAIR VALUE MEASUREMENTS |
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:
| • |
Fixed-income investments for which market quotations are readily available are generally valued using the last available bid price or current market quotations provided by independent dealers or third-party pricing services. Pricing services generally value fixed income securities assuming orderly transactions of an institutional round lot size, but a fund may hold or transact in such securities in smaller, odd lot sizes. Odd lots may trade at lower prices than institutional round lots. The pricing services may use matrix pricing or valuation models that utilize certain inputs and assumptions to derive values, including transaction data (e.g., recent representative bids and offers), market data, credit quality information, perceived market movements, news, and other relevant information. Certain fixed-income securities, including asset-backed and mortgage related securities may be valued based on valuation models that consider the estimated cash flows of each tranche of the entity, establish a benchmark yield and develop an estimated tranche specific spread to the benchmark yield based on the unique attributes of the tranche. The amortized cost method of valuation may be used with respect to debt obligations with sixty days or less remaining to maturity unless BFA determines such method does not represent fair value. |
| 116 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
Notes to Financial Statements (unaudited) (continued)
| • |
Investments in open-end U.S. mutual funds (including money market funds) are valued at that day’s published NAV. |
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:
| • |
Level 1 – Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that each Fund has the ability to access; |
| • |
Level 2 – Other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs); and |
| • |
Level 3 – Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available, (including the Valuation Committee’s assumptions used in determining the fair value of financial instruments). |
The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds that may not have a secondary market and/or may have a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities.
| 4. |
SECURITIES AND OTHER INVESTMENTS |
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.
| 5. |
INVESTMENT ADVISORY AGREEMENT AND OTHER TRANSACTIONS WITH AFFILIATES |
Investment Advisory Fees: Pursuant to an Investment Advisory Agreement with the Trust, BlackRock Fund Advisors (“BFA”) manages the investment of each Fund’s assets. BFA is a California corporation indirectly owned by BlackRock, Inc. (“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 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:
| iShares ETF | Investment Advisory Fees | |||
|
California Muni Bond |
0.25 | % | ||
|
National Muni Bond |
0.07 | |||
|
New York Muni Bond |
0.25 | |||
|
Short-Term National Muni Bond |
0.07 | |||
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 National Muni Bond ETF, BFA has contractually agreed to waive a portion of its investment advisory fee for the Fund through June 30, 2026 in an amount equal to the acquired fund fees and expenses, if any, attributable to the Fund’s investments in other iShares funds.
|
N O T E S T O F I N A N C I A L S T A T E M E N T S |
117 |
Notes to Financial Statements (unaudited) (continued)
For six months ended August 31, 2023, there were no fees waived by BFA pursuant to these arrangements.
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.
Officers and Trustees: Certain officers and/or trustees of the Trust are officers and/or trustees of BlackRock or its affiliates.
Other Transactions: Cross trading is the buying or selling of portfolio securities between funds to which BFA (or an affiliate) serves as investment adviser. At its regularly scheduled quarterly meetings, the Board reviews such transactions as of the most recent calendar quarter for compliance with the requirements and restrictions set forth by Rule 17a-7.
For the six months ended August 31, 2023, transactions executed by the Funds pursuant to Rule 17a-7 under the 1940 Act were as follows:
| iShares ETF | Purchases | Sales |
Net Realized Gain (Loss) |
|||||||||
|
California Muni Bond |
$ | 64,073,541 | $ | 5,202,435 | $ | — | ||||||
|
National Muni Bond |
320,652,162 | 169,112,957 | — | |||||||||
|
Short-Term National Muni Bond |
21,236,340 | 86,050,710 | — | |||||||||
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.
| 6. |
PURCHASES AND SALES |
For the six months ended August 31, 2023, purchases and sales of investments, excluding short-term securities and in-kind transactions, were as follows:
| iShares ETF | Purchases | Sales | ||||||
|
California Muni Bond |
$ | 535,804,235 | $ | 184,562,192 | ||||
|
National Muni Bond |
5,955,384,074 | 3,909,502,680 | ||||||
|
New York Muni Bond |
110,228,332 | 47,456,103 | ||||||
|
Short-Term National Muni Bond |
1,177,753,340 | 2,104,180,187 | ||||||
For the six months ended August 31, 2023, in-kind transactions were as follows:
| iShares ETF |
In-kind Purchases |
In-kind Sales |
||||||
|
California Muni Bond |
$ | 7,268,500 | $ | — | ||||
|
New York Muni Bond |
— | 21,262,418 | ||||||
| 7. |
INCOME TAX INFORMATION |
Each Fund is treated as an entity separate from the Trust’s other funds for federal income tax purposes. It is each Fund’s policy to comply with the requirements of the Internal Revenue Code of 1986, as amended, applicable to regulated investment companies, and to distribute substantially all of its taxable income to its shareholders. Therefore, no U.S. federal income tax provision is required.
Management has analyzed tax laws and regulations and their application to the Funds as of August 31, 2023, inclusive of the open tax return years, and does not believe that there are any uncertain tax positions that require recognition of a tax liability in the Funds’ financial statements.
As of February 28, 2023, the Funds had non-expiring capital loss carryforwards available to offset future realized capital gains as follows:
| iShares ETF | Non-Expiring Capital Loss Carryforwards(a) |
|||
|
California Muni Bond |
$ | (14,154,871) | ||
|
National Muni Bond |
(253,203,122) | |||
|
New York Muni Bond |
(1,758,989) | |||
|
Short-Term National Muni Bond |
(13,079,046) | |||
| (a) |
Amounts available to offset future realized capital gains. |
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Notes to Financial Statements (unaudited) (continued)
As of August 31, 2023, gross unrealized appreciation and depreciation based on cost of investments (including short positions and derivatives, if any) for U.S. federal income tax purposes were as follows:
| iShares ETF | Tax Cost | Gross
Unrealized Appreciation |
Gross
Unrealized Depreciation |
Net
Unrealized Appreciation (Depreciation) |
||||||||||||
|
California Muni Bond |
$ | 2,343,196,630 | $ | 6,664,306 | $ | (97,958,705 | ) | $ | (91,294,399 | ) | ||||||
|
National Muni Bond |
34,080,411,946 | 76,795,123 | (1,292,308,413 | ) | (1,215,513,290 | ) | ||||||||||
|
New York Muni Bond |
591,814,998 | 734,591 | (29,104,352 | ) | (28,369,761 | ) | ||||||||||
|
Short-Term National Muni Bond |
9,391,161,724 | 3,089,229 | (208,195,798 | ) | (205,106,569 | ) | ||||||||||
| 8. |
PRINCIPAL RISKS |
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.
Market Risk: Each Fund may be exposed to prepayment risk, which is the risk that borrowers may exercise their option to prepay principal earlier than scheduled during periods of declining interest rates, which would force each Fund to reinvest in lower yielding securities. Each Fund may also be exposed to reinvestment risk, which is the risk that income from each Fund’s portfolio will decline if each Fund invests the proceeds from matured, traded or called fixed-income securities at market interest rates that are below each Fund portfolio’s current earnings rate.
Municipal securities are subject to the risk that litigation, legislation or other political events, local business or economic conditions, credit rating downgrades, or the bankruptcy of the issuer could have a significant effect on an issuer’s ability to make payments of principal and/or interest or otherwise affect the value of such securities. Municipal securities can be significantly affected by political or economic changes, including changes made in the law after issuance of the securities, as well as uncertainties in the municipal market related to, taxation, legislative changes or the rights of municipal security holders, including in connection with an issuer insolvency. Municipal securities backed by current or anticipated revenues from a specific project or specific assets can be negatively affected by the discontinuance of the tax benefits supporting the project or assets or the inability to collect revenues for the project or from the assets. Municipal securities may be less liquid than taxable bonds, and there may be less publicly available information on the financial condition of municipal security issuers than for issuers of other securities.
Infectious Illness Risk: An outbreak of an infectious illness, such as the COVID-19 pandemic, may adversely impact the economies of many nations and the global economy, and may impact individual issuers and capital markets in ways that cannot be foreseen. An infectious illness outbreak may result in, among other things, closed international borders, prolonged quarantines, supply chain disruptions, market volatility or disruptions and other significant economic, social and political impacts.
Counterparty Credit Risk: The Funds may be exposed to counterparty credit risk, or the risk that an entity may fail to or be unable to perform on its commitments related to unsettled or open transactions, including making timely interest and/or principal payments or otherwise honoring its obligations. The Funds manage counterparty credit risk by entering into transactions only with counterparties that BFA believes have the financial resources to honor their obligations and by monitoring the financial stability of those counterparties. Financial assets, which potentially expose the Funds to market, issuer and counterparty credit risks, consist principally of financial instruments and receivables due from counterparties. The extent of the Funds’ exposure to market, issuer and counterparty credit risks with respect to these financial assets is approximately their value recorded in the Statements of Assets and Liabilities, less any collateral held by the Funds.
Geographic/Asset Class Risk: A diversified portfolio, where this is appropriate and consistent with a fund’s objectives, minimizes the risk that a price change of a particular investment will have a material impact on the NAV of a fund. The investment concentrations within each Fund’s portfolio are disclosed in its Schedule of Investments.
The Funds invest a significant portion of their assets in securities of issuers located in the United States. A decrease in imports or exports, changes in trade regulations, inflation and/or an economic recession in the United States may have a material adverse effect on the U.S. economy and the securities listed on U.S. exchanges. Proposed and adopted policy and legislative changes in the United States may also have a significant effect on U.S. markets generally, as well as on the value of certain securities. Governmental agencies project that the United States will continue to maintain elevated public debt levels for the foreseeable future which may constrain future economic growth. Circumstances could arise that could prevent the timely payment of interest or principal on U.S. government debt, such as reaching the legislative “debt ceiling.” Such non-payment would result in substantial negative consequences for the U.S. economy and the global financial system. If U.S. relations with certain countries deteriorate, it could adversely affect issuers that rely on the United States for trade. The United States has also experienced increased internal unrest and discord. If these trends were to continue, they may have an adverse impact on the U.S. economy and the issuers in which the Funds invest.
|
N O T E S T O F I N A N C I A L S T A T E M E N T S |
119 |
Notes to Financial Statements (unaudited) (continued)
Certain Funds invest a significant portion of their assets in issuers located in a single state or limited number of states, When a fund concentrates its investments in this manner, it assumes the risk that economic, regulatory, political or social conditions affecting that state or group of states could have a significant impact on the fund and could affect the income from, or the value or liquidity of, the fund’s portfolio. Investment percentages in specific states or U.S. territories are presented in the Schedule of Investments.
The Funds invest a significant portion of their assets in fixed-income securities and/or use derivatives tied to the fixed-income markets. Changes in market interest rates or economic conditions may affect the value and/or liquidity of such investments. Interest rate risk is the risk that prices of bonds and other fixed-income securities will decrease as interest rates rise and increase as interest rates fall. The Funds may be subject to a greater risk of rising interest rates due to the period of historically low interest rates that ended in March 2022. The Federal Reserve has recently been raising the federal funds rate as part of its efforts to address inflation. There is a risk that interest rates will continue to rise, which will likely drive down the prices of bonds and other fixed-income securities, and could negatively impact the Funds’ performance.
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.
| 9. |
CAPITAL SHARE TRANSACTIONS |
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.
Transactions in capital shares were as follows:
|
|
||||||||||||||||
| Six Months Ended 08/31/23 |
Year Ended 02/28/23 |
|||||||||||||||
| iShares ETF | Shares | Amount | Shares | Amount | ||||||||||||
|
|
||||||||||||||||
|
California Muni Bond |
||||||||||||||||
|
Shares sold |
6,050,000 | $ | 345,059,840 | 11,600,000 | $ | 653,045,836 | ||||||||||
|
Shares redeemed |
(250,000 | ) | (14,084,562 | ) | (7,850,000 | ) | (438,847,473 | ) | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
| 5,800,000 | $ | 330,975,278 | 3,750,000 | $ | 214,198,363 | |||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
National Muni Bond |
||||||||||||||||
|
Shares sold |
39,300,000 | $ | 4,180,818,144 | 129,500,000 | $ | 13,679,569,448 | ||||||||||
|
Shares redeemed |
(22,700,000 | ) | (2,420,409,927 | ) | (46,400,000 | ) | (4,960,301,128 | ) | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
| 16,600,000 | $ | 1,760,408,217 | 83,100,000 | $ | 8,719,268,320 | |||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
New York Muni Bond |
||||||||||||||||
|
Shares sold |
1,450,000 | $ | 77,192,869 | 1,250,000 | $ | 66,503,635 | ||||||||||
|
Shares redeemed |
(1,000,000 | ) | (53,114,778 | ) | (550,000 | ) | (28,885,604 | ) | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
| 450,000 | $ | 24,078,091 | 700,000 | $ | 37,618,031 | |||||||||||
|
|
|
|
|
|
|
|
|
|||||||||
|
Short-Term National Muni Bond |
||||||||||||||||
|
Shares sold |
50,000 | $ | 5,605,273 | 36,650,000 | $ | 3,817,328,649 | ||||||||||
|
Shares redeemed |
(12,200,000 | ) | (1,267,248,528 | ) | (6,900,000 | ) | (719,881,017 | ) | ||||||||
|
|
|
|
|
|
|
|
|
|||||||||
| (12,150,000 | ) | $ | (1,261,643,255 | ) | 29,750,000 | $ | 3,097,447,632 | |||||||||
|
|
|
|
|
|
|
|
|
|||||||||
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.
| 10. |
SUBSEQUENT EVENTS |
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.
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Board Review and Approval of Investment Advisory Contract
iShares California Muni Bond ETF, iShares National Muni Bond ETF, iShares New York Muni Bond ETF, iShares Short-Term National Muni Bond ETF (each the “Fund”)
Under Section 15(c) of the Investment Company Act of 1940 (the “1940 Act”), the Trust’s Board of Trustees (the “Board”), including a majority of Board Members who are not “interested persons” of the Trust (as that term is defined in the 1940 Act) (the “Independent Board Members”), is required annually to consider the approval of the Investment Advisory Agreement between the Trust and BFA (the “Advisory Agreement”) on behalf of the Fund. The Board’s consideration entails a year-long process whereby the Board and its committees (composed solely of Independent Board Members) assess BlackRock’s services to the Fund, including investment management; fund accounting; administrative and shareholder services; oversight of the Fund’s service providers; risk management and oversight; legal and compliance services; and ability to meet applicable legal and regulatory requirements. The Independent Board Members requested, and BFA provided, such information as the Independent Board Members, with advice from independent counsel, deemed reasonably necessary to evaluate the Advisory Agreement. At meetings on May 2, 2023 and May 15, 2023, a committee composed of all of the Independent Board Members (the “15(c) Committee”), with independent counsel, met with management and reviewed and discussed information provided in response to initial requests of the 15(c) Committee and/or its independent counsel, and requested certain additional information, which management agreed to provide. At a meeting held on June 7-8, 2023, the Board, including the Independent Board Members, reviewed the additional information provided by management in response to these requests.
After extensive discussions and deliberations, the Board, including all of the Independent Board Members, approved the continuance of the Advisory Agreement for the Fund, based on a review of qualitative and quantitative information provided by BFA and their cumulative experience as Board Members. The Board noted its satisfaction with the extent and quality of information provided and its frequent interactions with management, as well as the detailed responses and other information provided by BFA. The Independent Board Members were advised by their independent counsel throughout the process, including about the legal standards applicable to their review. In approving the continuance of the Advisory Agreement for the Fund, the Board, including the Independent Board Members, considered various factors, including: (i) the expenses and performance of the Fund; (ii) the nature, extent and quality of the services provided by BFA; (iii) the costs of services provided to the Fund and profits realized by BFA and its affiliates; (iv) potential economies of scale and the sharing of related benefits; (v) the fees and services provided for other comparable funds/accounts managed by BFA and its affiliates; and (vi) other benefits to BFA and/or its affiliates. The material factors, none of which was controlling, and conclusions that formed the basis for the Board, including the Independent Board Members, to approve the continuance of the Advisory Agreement are discussed below.
Expenses and Performance of the Fund: The Board reviewed statistical information prepared by Broadridge Financial Solutions, Inc. (“Broadridge”), an independent provider of investment company data, regarding the expense ratio components, including gross and net total expenses, fees and expenses of other fund(s) in which the Fund invests (if applicable), and waivers/reimbursements (if applicable) of the Fund in comparison with the same information for other ETFs, objectively selected by Broadridge as comprising the Fund’s applicable expense peer group pursuant to Broadridge’s proprietary ETF methodology (the “Peer Group”). The Board was provided with a detailed description of the proprietary ETF methodology used by Broadridge to determine the Fund’s Peer Group. The Board noted that, due to the limitations in providing comparable funds in the Peer Group, the statistical information provided in Broadridge’s report may or may not provide meaningful direct comparisons to the Fund in all instances. The Board also noted that the investment advisory fee rate and overall expenses (net of any waivers and reimbursements) for the Fund were 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.
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.
|
B O A R D R E V I E W A N D A P P R O V A L O F I N V E S T M E N T A D V I S O R Y C O N T R A C T |
121 |
Board Review and Approval of Investment Advisory Contract (continued)
Costs of Services Provided to the Fund and Profits Realized by BFA and its Affiliates: The Board reviewed information about the estimated profitability to BlackRock in managing the Fund, based on the fees payable to BFA and its affiliates (including fees under the Advisory Agreement), and other sources of revenue and expense to BFA and its affiliates from the Fund’s operations for the last calendar year. The Board reviewed BlackRock’s methodology for calculating estimated profitability of the iShares funds, noting that the 15(c) Committee and the Board had focused on the methodology and profitability presentation. The Board recognized that profitability may be affected by numerous factors, including, among other things, fee waivers by BFA, the types of funds managed, expense allocations and business mix. The Board thus recognized that calculating and comparing profitability at individual fund levels is challenging. The Board discussed with management the sources of direct and ancillary revenue, including the revenues to BTC, a BlackRock affiliate, from securities lending by the Fund. The Board also discussed BFA’s estimated profit margin as reflected in the Fund’s profitability analysis and reviewed information regarding potential economies of scale (as discussed below).
Based on this review, the Board concluded that the information considered with respect to the profits realized by BFA and its affiliates under the Advisory Agreement and from other relationships between the Fund and BFA and/or its affiliates, if any, as well as the other factors considered at the meeting, supported the Board’s approval of the continuance of the Advisory Agreement for the coming year.
Economies of Scale: The Board reviewed information and considered the extent to which economies of scale might be realized as the assets of the Fund increase, noting that the issue of potential economies of scale had been focused on by the 15(c) Committee and the Board during their meetings and addressed by management. The 15(c) Committee and the Board received information regarding BlackRock’s historical estimated profitability (as discussed above), including BFA’s and its affiliates’ estimated costs in providing services. The estimated cost information distinguished, among other things, between fixed and variable costs, and showed how the level and nature of fixed and variable costs may impact the existence or size of scale benefits, with the Board recognizing that potential economies of scale are difficult to measure. The 15(c) Committee and the Board reviewed information provided by BFA regarding the sharing of scale benefits with the iShares funds through various means, including, as applicable, through relatively low fee rates established at inception, breakpoints, waivers, or other fee reductions, as well as through additional investment in the iShares business and the provision of improved or additional infrastructure and services to the iShares funds and their shareholders. The Board noted that the Advisory Agreement for the Fund did not provide for breakpoints in the Fund’s investment advisory fee rate as the assets of the Fund increase. However, the Board noted that it would continue to assess the appropriateness of adding breakpoints in the future.
The Board concluded that this review of potential economies of scale and the sharing of related benefits, as well as the other factors considered at the meeting, supported the Board’s approval of the continuance of the Advisory Agreement for the coming year.
Fees and Services Provided for Other Comparable Funds/Accounts Managed by BFA and its Affiliates: The Board received and considered information regarding the investment advisory/management fee rates for other funds/accounts in the U.S. for which BFA (or its affiliates) provides investment advisory/management services, including open-end funds registered under the 1940 Act (including sub-advised funds), collective trust funds and institutional separate accounts (collectively, the “Other Accounts”). The Board acknowledged BFA’s representation that the iShares funds are fundamentally different investment vehicles from the Other Accounts.
The Board received detailed information regarding how the Other Accounts generally differ from the Fund, including in terms of the types of services and generally more extensive services provided to the Fund, as well as other significant differences. In that regard, the Board considered that the pricing of services to institutional clients is typically based on a number of factors beyond the nature and extent of the specific services to be provided and often depends on the overall relationship between the client and its affiliates and the adviser and its affiliates. In addition, the Board considered the relative complexity and inherent risks and challenges of managing and providing other services to the Fund, as a publicly traded investment vehicle, as compared to the Other Accounts, particularly those that are institutional clients, in light of differing regulatory requirements and client-imposed mandates. The Board noted that BFA and its affiliates do not manage Other Accounts with substantially the same investment objective and strategy as the Fund and that track the same index as the Fund. The Board also acknowledged management’s assertion that, for certain iShares funds, and for client segmentation purposes, BlackRock has launched an iShares fund that may provide a similar investment exposure at a lower investment advisory fee rate.
The Board considered the “all-inclusive” nature of the Fund’s advisory fee structure, and the Fund’s expenses borne by BFA under this arrangement and noted that the investment advisory fee rate under the Advisory Agreement for the Fund was generally higher than the investment advisory/management fee rates for certain of the Other Accounts (particularly institutional clients) and concluded that the differences appeared to be consistent with the factors discussed.
Other Benefits to BFA and/or its Affiliates: The Board reviewed other benefits or ancillary revenue received by BFA and/or its affiliates in connection with the services provided to the Fund by BFA, both direct and indirect, including, but not limited to, payment of revenue to BTC, the Fund’s securities lending agent, for loaning portfolio securities, as applicable (which was included in the profit margins reviewed by the Board pursuant to BFA’s estimated profitability methodology), payment of advisory fees or other fees to BFA (or its affiliates) in connection with any investments by the Fund in other funds for which BFA (or its affiliates) provides investment advisory services or other services, and BlackRock’s profile in the investment community. The Board further considered other direct benefits that might accrue to BFA, including the potential for reduction in the Fund’s expenses that are borne by BFA under the “all-inclusive” management fee arrangement, due in part to the size and scope of BFA’s investment operations servicing the Fund (and other funds in the iShares complex) as well as in response to a changing market environment. The Board also reviewed and considered information provided by BFA concerning authorized participant primary market order processing services that are provided by BlackRock Investments, LLC (“BRIL”), an affiliate of BFA, and paid for by authorized participants under the ETF Servicing Platform. The Board also noted the revenue received by BFA and/or its affiliates pursuant to an agreement that permits a service provider to use certain portions of BlackRock’s technology platform to service accounts managed by BFA and/or its affiliates, including the iShares funds. The Board noted that BFA generally does not use soft dollars or consider the value of research or other services that may be provided to BFA (including its affiliates) in selecting brokers for portfolio transactions for the Fund. The Board concluded that any such ancillary benefits would not be disadvantageous to the Fund and thus would not alter the Board’s conclusion with respect to the appropriateness of approving the continuance of the Advisory Agreement for the coming year.
Conclusion: Based on a review of the factors described above, as well as such other factors as deemed appropriate by the Board, the Board, including all of the Independent Board Members, determined that the Fund’s investment advisory fee rate under the Advisory Agreement does not constitute a fee that is so disproportionately
| 122 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
Board Review and Approval of Investment Advisory Contract (continued)
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.
|
B O A R D R E V I E W A N D A P P R O V A L O F I N V E S T M E N T A D V I S O R Y C O N T R A C T |
123 |
Supplemental Information (unaudited)
Tailored Shareholder Reports for Open-End Mutual Funds and ETFs
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.
| 124 |
2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
Electronic Delivery
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.
To enroll in electronic delivery:
| • |
Go to icsdelivery.com. |
| • |
If your brokerage firm is not listed, electronic delivery may not be available. Please contact your broker-dealer or financial advisor. |
Householding
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.
Availability of Quarterly Schedule of Investments
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.
Availability of Proxy Voting Policies and Proxy Voting Records
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.
|
G E N E R A L I N F O R M A T I O N |
125 |
Glossary of Terms Used in this Report
Portfolio Abbreviation
| AGC | Assured Guaranty Corp. | |
| AGC-ICC | Assured Guaranty Corp. – Insured Custody Certificate | |
| AGM | Assured Guaranty Municipal Corp. | |
| AGM-CR | AGM Insured Custodial Receipt | |
| AMBAC | Ambac Assurance Corp. | |
| BAM | Build America Mutual Assurance Co. | |
| COP | Certificates of Participation | |
| CR | Custodian Receipt | |
| ETM | Escrowed to Maturity | |
| FGIC | Financial Guaranty Insurance Co. | |
| GO | General Obligation | |
| GOL | General Obligation Limited | |
| GTD | Guaranteed | |
| HERBIP | Higher Education Revenue Bond Intercept Program | |
| MO | Moral Obligation | |
| NPFGC | National Public Finance Guarantee Corp. | |
| PR | Prerefunded | |
| PSF | Permanent School Fund | |
| Q-SBLF | Qualified School Bond Loan Fund | |
| RB | Revenue Bond | |
| SAP | Subject to Appropriations | |
| SAW | State Aid Withholding | |
| SCSDE | South Carolina State Department of Education | |
| ST | Special Tax | |
| TA | Tax Allocation | |
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2 0 2 3 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S |
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