NPORT-EX 2 NPORT_D2I2_38574365_0924.htm EDGAR HTML
Schedule of Investments (unaudited)
September 30, 2024
BlackRock Core Bond Trust (BHK)
(Percentages shown are based on Net Assets)

 
Security
 
Par
(000)
Value
Asset-Backed Securities
AGL CLO Ltd., Series 2020-3A, Class D, (3-mo. CME
Term SOFR + 3.56%), 8.86%, 01/15/33(a)(b)
USD
250
$ 250,753
AIMCO CLO, Series 2018-BA, Class CRR, (3-mo. CME
Term SOFR + 2.40%), 7.69%, 04/16/37(a)(b)
 
650
657,653
Apidos CLO XXII, Series 2015-22A, Class CR, (3-mo.
CME Term SOFR + 3.21%), 8.49%, 04/20/31(a)(b)
 
250
251,980
Apidos CLO XXIV, Series 2016-24A, Class A1AL, (3-mo.
CME Term SOFR + 1.21%), 6.49%, 10/20/30(a)(b)
 
364
364,179
Apidos CLO XXVI, Series 2017-26A, Class A1AR, (3-mo.
CME Term SOFR + 1.16%), 6.44%, 07/18/29(a)(b)
 
199
199,352
Apidos CLO XXVII, Series 2017-27A, Class A1R, (3-mo.
CME Term SOFR + 1.19%), 6.48%, 07/17/30(a)(b)
 
78
77,742
Assurant CLO I Ltd., Series 2017-1A, Class CR, (3-mo.
CME Term SOFR + 2.41%), 7.69%, 10/20/34(a)(b)
 
500
501,037
Assurant CLO IV Ltd.(a)(b)
 
Series 2019-4A, Class CR, (3-mo. CME Term SOFR +
2.66%), 7.94%, 04/20/30
 
500
500,348
Series 2019-4A, Class DR, (3-mo. CME Term SOFR +
3.91%), 9.19%, 04/20/30
 
600
606,444
Bain Capital Credit CLO Ltd.(a)(b)
 
Series 2021-3A, Class D, (3-mo. CME Term SOFR +
3.36%), 8.64%, 07/24/34
 
250
247,096
Series 2021-5A, Class B, (3-mo. CME Term SOFR +
1.91%), 7.19%, 10/23/34
 
500
500,041
Ballyrock CLO Ltd., Series 2022-21A, Class D, (3-mo.
CME Term SOFR + 8.76%), 14.04%, 10/20/35(a)(b)
 
500
503,514
Benefit Street Partners CLO VIII Ltd., Series 2015-8A,
Class A2R, (3-mo. CME Term SOFR + 1.71%), 6.99%,
01/20/31(a)(b)
 
1,500
1,503,889
Birch Grove CLO Ltd., Series 2021-3A, Class D1, (3-mo.
CME Term SOFR + 3.46%), 8.74%, 01/19/35(a)(b)
 
250
246,664
BlueMountain CLO XXVIII Ltd., Series 2021-28A,
Class D, (3-mo. CME Term SOFR + 3.16%), 8.46%,
04/15/34(a)(b)
 
500
493,250
Bryant Park Funding Ltd., Series 2024-22A, Class C,
(3-mo. CME Term SOFR + 2.60%), 7.91%,
04/15/37(a)(b)
 
1,200
1,212,338
Buckhorn Park CLO Ltd., Series 2019-1A, Class AR,
(3-mo. CME Term SOFR + 1.38%), 6.66%,
07/18/34(a)(b)
 
2,500
2,501,327
Canyon Capital CLO Ltd.(a)(b)
 
Series 2016-1A, Class CR, (3-mo. CME Term SOFR +
2.16%), 7.46%, 07/15/31
 
250
250,641
Series 2021-2A, Class D, (3-mo. CME Term SOFR +
3.61%), 8.91%, 04/15/34
 
500
495,464
Carlyle Global Market Strategies CLO Ltd.(a)(b)
 
Series 2013-1A, Class A1RR, (3-mo. CME Term
SOFR + 1.21%), 6.33%, 08/14/30
 
43
43,350
Series 2013-1A, Class CR, (3-mo. CME Term SOFR +
3.61%), 8.73%, 08/14/30
 
1,000
1,008,235
CarVal CLO II Ltd., Series 2019-1A, Class DR, (3-mo.
CME Term SOFR + 3.46%), 8.74%, 04/20/32(a)(b)
 
500
500,591
CarVal CLO III Ltd., Series 2019-2A, Class E, (3-mo.
CME Term SOFR + 6.70%), 11.98%, 07/20/32(a)(b)
 
500
489,845
CarVal CLO VC Ltd., Series 2021-2A, Class D, (3-mo.
CME Term SOFR + 3.51%), 8.81%, 10/15/34(a)(b)
 
250
250,712
CBAM Ltd., Series 2017-1A, Class C, (3-mo. CME Term
SOFR + 2.66%), 7.94%, 07/20/30(a)(b)
 
350
351,232
Security
 
Par
(000)
Value
Asset-Backed Securities (continued)
Cedar Funding X CLO Ltd., Series 2019-10A, Class BR,
(3-mo. CME Term SOFR + 1.86%), 7.14%,
10/20/32(a)(b)
USD
930
$ 930,261
Cedar Funding XIV CLO Ltd., Series 2021-14A, Class B,
(3-mo. CME Term SOFR + 1.86%), 7.16%,
07/15/33(a)(b)
 
500
499,796
Cedar Funding XV CLO Ltd., Series 2022-15A, Class B,
(3-mo. CME Term SOFR + 1.80%), 7.08%,
04/20/35(a)(b)
 
400
400,520
CIFC Funding Ltd.(a)(b)
 
Series 2013-1A, Class CR, (3-mo. CME Term SOFR +
3.81%), 9.10%, 07/16/30
 
500
510,361
Series 2014-3A, Class BR2, (3-mo. CME Term SOFR
+ 2.06%), 7.34%, 10/22/31
 
250
250,852
Series 2015-1A, Class ARR, (3-mo. CME Term SOFR
+ 1.37%), 6.65%, 01/22/31
 
598
598,653
Series 2015-3A, Class AR, (3-mo. CME Term SOFR +
1.13%), 6.41%, 04/19/29
 
78
78,319
Series 2017-1A, Class CRR, (3-mo. CME Term SOFR
+ 2.45%), 7.73%, 04/21/37
 
1,000
1,012,431
Series 2017-2A, Class AR, (3-mo. CME Term SOFR +
1.21%), 6.49%, 04/20/30
 
305
305,558
Series 2017-4A, Class A1R, (3-mo. CME Term SOFR
+ 1.21%), 6.49%, 10/24/30
 
259
258,770
Series 2019-1A, Class DR, (3-mo. CME Term SOFR +
3.36%), 8.64%, 04/20/32
 
500
500,000
Series 2020-1A, Class DR, (3-mo. CME Term SOFR +
3.36%), 8.66%, 07/15/36
 
500
500,357
Series 2022-7A, Class C, (3-mo. CME Term SOFR +
3.85%), 9.13%, 10/22/35
 
500
502,175
Series 2022-7A, Class D, (3-mo. CME Term SOFR +
5.35%), 10.63%, 10/22/35
 
600
600,834
CWHEQ Revolving Home Equity Loan Trust,
Series 2006-I, Class 1A, (1-mo. Term SOFR + 0.25%),
5.35%, 01/15/37(a)
 
845
787,013
Dewolf Park CLO Ltd., Series 2017-1A, Class DR, (3-mo.
CME Term SOFR + 3.11%), 8.41%, 10/15/30(a)(b)
 
280
281,312
Dryden CLO Ltd.(a)(b)
 
Series 2017-53A, Class B, (3-mo. CME Term SOFR +
1.66%), 6.96%, 01/15/31
 
1,320
1,320,683
Series 2018-64A, Class D, (3-mo. CME Term SOFR +
2.91%), 8.19%, 04/18/31
 
1,250
1,251,210
Series 2022-106A, Class C, (3-mo. CME Term SOFR
+ 3.90%), 9.20%, 10/15/35
 
500
502,003
Dryden Senior Loan Fund(a)(b)
 
Series 2015-37A, Class AR, (3-mo. CME Term SOFR
+ 1.36%), 6.66%, 01/15/31
 
212
211,840
Series 2017-50A, Class B, (3-mo. CME Term SOFR +
1.91%), 7.21%, 07/15/30
 
250
250,438
Eaton Vance CLO Ltd., Series 2015-1A, Class A2R, (3-
mo. CME Term SOFR + 1.51%), 6.79%, 01/20/30(a)(b)
 
1,000
1,001,803
EDvestinU Private Education Loan Issue No. 3 LLC,
Series 2021-A, Class B, 3.50%, 11/25/50(b)
 
110
92,105
Elmwood CLO 21 Ltd., Series 2022-8A, Class CR, (3-
mo. CME Term SOFR + 2.70%), 7.98%, 10/20/36(a)(b)
 
500
506,287
Elmwood CLO 26 Ltd, Series 2026-1A, Class C, (3-mo.
CME Term SOFR + 2.40%), 7.69%, 04/18/37(a)(b)
 
1,300
1,314,849
Elmwood CLO VI Ltd., Series 2020-3A, Class BRR, (3-
mo. CME Term SOFR + 1.70%), 7.04%, 07/18/37(a)(b)
 
250
250,484
Schedule of Investments
1
Schedule of Investments (unaudited)(continued)
September 30, 2024
BlackRock Core Bond Trust (BHK)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Asset-Backed Securities (continued)
Fairstone Financial Issuance Trust I, Series 2020-1A,
Class C, 5.16%, 10/20/39(b)
CAD
170
$ 120,408
Flatiron CLO Ltd., Series 2018-1A, Class A, (3-mo. CME
Term SOFR + 1.21%), 6.50%, 04/17/31(a)(b)
USD
677
677,400
Galaxy CLO Ltd., Series 2023-31A, Class E, (3-mo. CME
Term SOFR + 8.43%), 13.73%, 04/15/36(a)(b)
 
350
359,296
Galaxy XX CLO Ltd., Series 2015-20A, Class CR, (3-mo.
CME Term SOFR + 2.01%), 7.29%, 04/20/31(a)(b)
 
250
250,272
Galaxy XXVII CLO Ltd., Series 2018-27A, Class A, (3-
mo. CME Term SOFR + 1.28%), 6.38%, 05/16/31(a)(b)
 
964
965,473
Generate CLO Ltd., Series 6A, Class DR, (3-mo. CME
Term SOFR + 3.76%), 9.04%, 01/22/35(a)(b)
 
750
754,091
GoldenTree Loan Management U.S. CLO Ltd.(a)(b)
 
Series 2018-3A, Class B1, (3-mo. CME Term SOFR +
1.81%), 7.09%, 04/20/30
 
250
250,393
Series 2019-5A, Class BR, (3-mo. CME Term SOFR +
1.86%), 7.14%, 04/24/31
 
500
501,510
Golub Capital Partners CLO Ltd., Series 2021-55A,
Class E, (3-mo. CME Term SOFR + 6.82%), 12.10%,
07/20/34(a)(b)
 
250
250,711
Gracie Point International Funding LLC, Series 2023-1A,
Class D, (90-day Avg SOFR + 4.50%), 9.87%,
09/01/26(a)(b)
 
162
163,789
Highbridge Loan Management Ltd., Series 3A-2014,
Class CR, (3-mo. CME Term SOFR + 3.86%), 9.14%,
07/18/29(a)(b)
 
1,000
1,013,966
Litigation Fee Residual, Series 2020-1, Class A, 4.00%,
10/30/27(c)
 
109
109,352
Long Beach Mortgage Loan Trust, Series 2006-8,
Class 2A4, (1-mo. Term SOFR + 0.59%), 5.45%,
09/25/36(a)
 
5,890
1,636,127
Madison Park Funding LIV Ltd., Series 2022-54A,
Class E1, (3-mo. CME Term SOFR + 8.95%), 14.23%,
10/21/34(a)(b)
 
262
264,586
Madison Park Funding LIX Ltd., Series 2021-59A,
Class A1R, (3-mo. CME Term SOFR + 1.50%), 6.78%,
04/18/37(a)(b)
 
1,300
1,302,560
Madison Park Funding XLVIII Ltd., Series 2021-48A,
Class E, (3-mo. CME Term SOFR + 6.51%), 11.79%,
04/19/33(a)(b)
 
500
501,863
Madison Park Funding XVII Ltd., Series 2015-17A,
Class DR, (3-mo. CME Term SOFR + 3.86%), 9.14%,
07/21/30(a)(b)
 
1,000
1,021,588
Madison Park Funding XXIII Ltd.(a)(b)
 
Series 2017-23A, Class AR, (3-mo. CME Term SOFR
+ 1.23%), 6.50%, 07/27/31
 
807
807,280
Series 2017-23A, Class CR, (3-mo. CME Term SOFR
+ 2.26%), 7.53%, 07/27/31
 
600
601,884
Madison Park Funding XXXVII Ltd., Series 2019-37A,
Class BR2, (3-mo. CME Term SOFR + 1.95%),
7.25%, 04/15/37(a)(b)
 
1,000
1,006,013
Madison Park Funding XXXVIII Ltd., Series 2021-38A,
Class C, (3-mo. CME Term SOFR + 2.16%), 7.45%,
07/17/34(a)(b)
 
250
250,495
Marble Point CLO XXIII Ltd., Series 2021-4A, Class D1,
(3-mo. CME Term SOFR + 3.91%), 9.19%,
01/22/35(a)(b)
 
250
251,740
Mariner Finance Issuance Trust, Series 2022-AA,
Class A, 6.45%, 10/20/37(b)
 
515
515,420
Navient Private Education Refi Loan Trust(b)
 
Series 2019-D, Class A2A, 3.01%, 12/15/59
 
430
417,546
Series 2019-GA, Class A, 2.40%, 10/15/68
 
147
141,036
Security
 
Par
(000)
Value
Asset-Backed Securities (continued)
Navient Private Education Refi Loan Trust(b) (continued)
 
Series 2021-CA, Class A, 1.06%, 10/15/69
USD
696
$ 627,245
Series 2021-DA, Class C, 3.48%, 04/15/60
 
770
706,115
Series 2021-DA, Class D, 4.00%, 04/15/60
 
440
403,652
Series 2021-EA, Class A, 0.97%, 12/16/69
 
831
734,848
Series 2023-A, Class A, 5.51%, 10/15/71
 
148
151,214
Nelnet Student Loan Trust(b)
 
Series 2021-A, Class D, 4.93%, 04/20/62
 
460
402,041
Series 2021-BA, Class B, 2.68%, 04/20/62
 
1,983
1,715,916
Series 2021-CA, Class AFL, (1-mo. Term SOFR +
0.85%), 5.82%, 04/20/62(a)
 
318
315,162
Neuberger Berman Loan Advisers CLO Ltd.(a)(b)
 
Series 2019-35R, Class CR, (3-mo. CME Term SOFR
+ 2.30%), 7.58%, 01/19/33
 
1,500
1,507,102
Series 2020-37A, Class CR, (3-mo. CME Term SOFR
+ 2.06%), 7.34%, 07/20/31
 
1,162
1,165,244
Neuberger Berman Loan Advisers NBLA CLO Ltd.,
Series 2022-52A, Class D, (3-mo. CME Term SOFR +
5.75%), 11.03%, 10/24/35(a)(b)
 
568
570,579
OCP CLO Ltd.(a)(b)
 
Series 16-11R, Class B1R2, (3-mo. CME Term SOFR
+ 1.95%), 7.23%, 04/26/36
 
500
502,632
Series 2015-9A, Class BR2, (3-mo. CME Term SOFR
+ 1.75%), 7.05%, 01/15/33
 
250
250,237
Series 2017-13A, Class A1AR, (3-mo. CME Term
SOFR + 1.22%), 6.52%, 07/15/30
 
768
768,419
Octagon 54 Ltd., Series 2021-1A, Class D, (3-mo. CME
Term SOFR + 3.31%), 8.61%, 07/15/34(a)(b)
 
250
250,163
Octagon Investment Partners XV Ltd., Series 2013-1A,
Class A1RR, (3-mo. CME Term SOFR + 1.23%),
6.51%, 07/19/30(a)(b)
 
1,504
1,505,202
Octagon Investment Partners XVII Ltd., Series 2013-1A,
Class BR2, (3-mo. CME Term SOFR + 1.66%),
6.95%, 01/25/31(a)(b)
 
500
500,636
Octagon Investment Partners XXI Ltd., Series 2014-1A,
Class AAR3, (3-mo. CME Term SOFR + 1.26%),
6.38%, 02/14/31(a)(b)
 
208
208,374
Octagon Investment Partners XXII Ltd., Series 2014-1A,
Class DRR, (3-mo. CME Term SOFR + 3.01%),
8.29%, 01/22/30(a)(b)
 
500
501,740
OZLM VIII Ltd., Series 2014-8A, Class CRR, (3-mo.
CME Term SOFR + 3.41%), 8.70%, 10/17/29(a)(b)
 
875
878,356
OZLM XXI Ltd., Series 2017-21A, Class C, (3-mo. CME
Term SOFR + 2.93%), 8.21%, 01/20/31(a)(b)
 
1,000
995,209
Palmer Square CLO Ltd.(a)(b)
 
Series 2013-2A, Class A2R3, (3-mo. CME Term
SOFR + 1.76%), 7.05%, 10/17/31
 
250
250,606
Series 2015-2A, Class CR2, (3-mo. CME Term SOFR
+ 3.01%), 8.29%, 07/20/30
 
250
250,683
Series 2020-3ARR, Class A1R2, (3-mo. CME Term
SOFR + 1.65%), 6.77%, 11/15/36
 
250
250,854
Series 2020-3ARR, Class A2R2, (3-mo. CME Term
SOFR + 2.30%), 7.42%, 11/15/36
 
250
251,101
Series 2022-4A, Class C, (3-mo. CME Term SOFR +
4.00%), 9.28%, 10/20/35
 
1,000
1,011,262
Palmer Square Loan Funding Ltd.(a)(b)
 
Series 2021-2A, Class A1, (3-mo. CME Term SOFR +
1.06%), 6.19%, 05/20/29
 
17
16,786
Series 2021-3A, Class A1, (3-mo. CME Term SOFR +
1.06%), 6.34%, 07/20/29
 
138
138,272
2
Schedule of Investments (unaudited)(continued)
September 30, 2024
BlackRock Core Bond Trust (BHK)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Asset-Backed Securities (continued)
Park Avenue Institutional Advisers CLO Ltd.,
Series 2017-1A, Class DR, (3-mo. CME Term SOFR +
7.07%), 12.19%, 02/14/34(a)(b)
USD
1,300
$ 1,237,489
Prodigy Finance DAC, Series 2021-1A, Class C, (1-mo.
Term SOFR + 3.86%), 8.72%, 07/25/51(a)(b)
 
62
62,624
Regatta XVIII Funding Ltd., Series 2021-1A, Class B,
(3-mo. CME Term SOFR + 1.71%), 7.01%,
01/15/34(a)(b)
 
850
852,188
Regional Management Issuance Trust, Series 2022-2B,
Class A, 7.10%, 11/17/32(b)
 
200
200,633
Republic Finance Issuance Trust, Series 2020-A,
Class C, 4.05%, 11/20/30(b)
 
240
236,942
Romark CLO Ltd., Series 2017-1A, Class B, (3-mo. CME
Term SOFR + 2.41%), 7.69%, 10/23/30(a)(b)
 
500
500,560
Shackleton CLO Ltd., Series 2015-7RA, Class C, (3-mo.
CME Term SOFR + 2.61%), 7.91%, 07/15/31(a)(b)
 
250
250,238
Signal Peak CLO Ltd., Series 2017-4A, Class XR, (3-mo.
CME Term SOFR + 1.21%), 6.49%, 10/26/34(a)(b)
 
800
800,096
SMB Private Education Loan Trust(b)
 
Series 2019-A, Class A2A, 3.44%, 07/15/36
 
916
899,789
Series 2019-B, Class A2A, 2.84%, 06/15/37
 
191
185,740
Series 2021-A, Class A2B, 1.59%, 01/15/53
 
310
283,925
Series 2021-A, Class B, 2.31%, 01/15/53
 
211
201,087
Series 2021-C, Class C, 3.00%, 01/15/53
 
121
106,463
Series 2021-C, Class D, 3.93%, 01/15/53
 
69
62,662
Series 2021-D, Class A1A, 1.34%, 03/17/53
 
939
868,162
Series 2022-C, Class A1A, 4.48%, 05/16/50
 
301
298,174
Series 2023-B, Class A1B, (30-day Avg SOFR +
1.80%), 7.14%, 10/16/56(a)
 
199
202,003
Series 2023-C, Class A1A, 5.67%, 11/15/52
 
1,409
1,451,651
Sterling COOFS Trust(c)
 
Series 2004-1, Class A, 2.36%, 04/15/29
 
700
—
Series 2004-2, Class Note, 2.08%, 03/30/30(b)
 
383
—
Structured Asset Securities Corp. Pass-Through
Certificates, Series 2002-AL1, Class A2, 3.45%,
02/25/32
 
19
16,960
Subway Funding LLC, Series 2024-1A, Class A2I,
6.03%, 07/30/54(b)
 
295
304,361
Symphony CLO XXXII Ltd., Series 2022-32A, Class B,
(3-mo. CME Term SOFR + 1.85%), 7.13%,
04/23/35(a)(b)
 
600
601,548
TCI-Symphony CLO Ltd., Series 2017-1A, Class AR,
(3-mo. CME Term SOFR + 1.19%), 6.49%,
07/15/30(a)(b)
 
322
321,938
TCW CLO Ltd., Series 2020-1A, Class DRR, (3-mo.
CME Term SOFR + 3.66%), 8.94%, 04/20/34(a)(b)
 
250
247,888
TICP CLO XV Ltd., Series 2020-15A, Class D, (3-mo.
CME Term SOFR + 3.41%), 8.69%, 04/20/33(a)(b)
 
250
250,362
Trestles CLO Ltd.(a)(b)
 
Series 2017-1A, Class CRR, (3-mo. CME Term SOFR
+ 2.10%), 7.37%, 07/25/37
 
1,750
1,767,187
Series 2017-1A, Class D1RR, (3-mo. CME Term
SOFR + 3.15%), 8.42%, 07/25/37
 
250
252,942
Trimaran CAVU Ltd.(a)(b)
 
Series 2019-2A, Class C, (3-mo. CME Term SOFR +
4.98%), 10.26%, 11/26/32
 
500
497,530
Series 2021-2A, Class D1, (3-mo. CME Term SOFR +
3.51%), 8.80%, 10/25/34
 
500
501,187
Series 2022-1, Class E, (3-mo. CME Term SOFR +
9.08%), 14.36%, 10/22/35
 
500
504,129
Security
 
Par
(000)
Value
Asset-Backed Securities (continued)
Trimaran CAVU Ltd.(a)(b) (continued)
 
Series 2022-2A, Class D, (3-mo. CME Term SOFR +
6.12%), 11.40%, 01/20/36
USD
400
$ 406,894
Series 2023-1, Class E, (3-mo. CME Term SOFR +
8.94%), 14.22%, 07/20/36
 
500
515,905
Unique Pub Finance Co. PLC, Series 02, Class N,
6.46%, 03/30/32(d)
GBP
6
8,253
Voya CLO Ltd.(a)(b)
 
Series 2014-2A, Class A1RR, (3-mo. CME Term
SOFR + 1.28%), 6.57%, 04/17/30
USD
52
51,688
Series 2017-2A, Class A2AR, (3-mo. CME Term
SOFR + 1.91%), 7.21%, 06/07/30
 
250
250,340
Series 2017-3A, Class A1R, (3-mo. CME Term SOFR
+ 1.30%), 6.58%, 04/20/34
 
1,900
1,904,463
Series 2018-2A, Class A2, (3-mo. CME Term SOFR +
1.51%), 6.81%, 07/15/31
 
1,000
1,000,473
Whetstone Park CLO Ltd., Series 2021-1A, Class B1,
(3-mo. CME Term SOFR + 1.86%), 7.14%,
01/20/35(a)(b)
 
725
726,880
Whitebox CLO I Ltd., Series 2019-1A, Class D1RR, (3-
mo. CME Term SOFR + 3.10%), 8.44%, 07/24/36(a)(b)
 
500
505,754
Whitebox CLO II Ltd., Series 2020-2A, Class DR, (3-mo.
CME Term SOFR + 3.61%), 8.89%, 10/24/34(a)(b)
 
500
493,906
Whitebox CLO III Ltd.(a)(b)
 
Series 2021-3A, Class D, (3-mo. CME Term SOFR +
3.61%), 8.91%, 10/15/34
 
250
246,933
Series 2021-3A, Class DR, 10/15/35(e)
 
250
250,000
Series 2021-3A, Class E, (3-mo. CME Term SOFR +
7.11%), 12.41%, 10/15/34
 
250
249,597
Series 2021-3A, Class ER, 10/15/35(e)
 
250
250,000
Total Asset-Backed Securities — 13.5%
(Cost: $80,913,294)
80,518,584
Corporate Bonds
Advertising Agencies — 0.6%
Clear Channel Outdoor Holdings, Inc.(b)
 
5.13%, 08/15/27
 
171
168,111
7.75%, 04/15/28(f)
 
237
212,070
9.00%, 09/15/28(f)
 
472
501,792
7.50%, 06/01/29(f)
 
618
532,258
7.88%, 04/01/30(f)
 
382
399,456
CMG Media Corp., 8.88%, 12/15/27(b)
 
127
74,295
Interpublic Group of Cos., Inc., 5.40%, 10/01/48(f)
 
500
491,867
Lamar Media Corp., 4.00%, 02/15/30
 
21
19,783
Neptune Bidco U.S., Inc., 9.29%, 04/15/29(b)
 
325
318,354
Outfront Media Capital LLC/Outfront Media Capital
Corp.(b)
 
5.00%, 08/15/27
 
177
175,991
4.25%, 01/15/29(f)
 
211
200,903
4.63%, 03/15/30
 
66
62,712
7.38%, 02/15/31
 
93
99,277
Stagwell Global LLC, 5.63%, 08/15/29(b)
 
69
66,710
 
 
3,323,579
Aerospace & Defense — 2.9%
AAR Escrow Issuer LLC, 6.75%, 03/15/29(b)
 
170
176,801
Boeing Co.
 
6.30%, 05/01/29(b)
 
1,840
1,935,840
2.95%, 02/01/30
 
800
715,097
3.60%, 05/01/34
 
550
468,695
Schedule of Investments
3
Schedule of Investments (unaudited)(continued)
September 30, 2024
BlackRock Core Bond Trust (BHK)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Aerospace & Defense (continued)
Bombardier, Inc.(b)
 
7.88%, 04/15/27
USD
69
$ 69,194
6.00%, 02/15/28(f)
 
261
262,725
7.50%, 02/01/29
 
3
3,174
8.75%, 11/15/30(f)
 
294
322,834
7.25%, 07/01/31
 
100
105,719
7.00%, 06/01/32(f)
 
136
142,247
F-Brasile SpA/F-Brasile U.S. LLC, Series XR, 7.38%,
08/15/26(b)(f)
 
200
199,392
General Electric Co., 6.15%, 08/07/37
 
2,150
2,383,325
L3Harris Technologies, Inc.
 
2.90%, 12/15/29
 
1,200
1,118,341
1.80%, 01/15/31
 
300
255,411
Lockheed Martin Corp., 3.80%, 03/01/45
 
800
689,074
Northrop Grumman Corp.
 
4.70%, 03/15/33
 
400
405,979
3.85%, 04/15/45
 
850
718,547
RTX Corp.
 
2.38%, 03/15/32
 
1,000
868,652
5.15%, 02/27/33
 
900
935,659
4.50%, 06/01/42
 
300
279,058
Spirit AeroSystems, Inc.(b)
 
9.38%, 11/30/29
 
296
321,116
9.75%, 11/15/30
 
279
311,085
TransDigm, Inc.(b)
 
6.75%, 08/15/28
 
589
606,251
6.38%, 03/01/29(f)
 
1,113
1,148,304
7.13%, 12/01/31
 
444
469,602
6.63%, 03/01/32
 
1,416
1,474,540
6.00%, 01/15/33
 
652
661,235
Triumph Group, Inc., 9.00%, 03/15/28(b)
 
428
448,037
 
 
17,495,934
Air Freight & Logistics — 0.0%
Rand Parent LLC, 8.50%, 02/15/30(b)
 
99
100,964
Automobile Components — 0.5%
Aptiv PLC, 4.40%, 10/01/46
 
465
382,769
Clarios Global LP/Clarios U.S. Finance Co.
 
4.38%, 05/15/26(d)
EUR
200
221,884
8.50%, 05/15/27(b)(f)
USD
1,287
1,291,190
6.75%, 05/15/28(b)
 
340
350,456
Dana Financing Luxembourg SARL, 8.50%, 07/15/31(d)
EUR
100
118,493
Forvia SE, 3.75%, 06/15/28(d)
 
100
106,894
Garrett Motion Holdings, Inc./Garrett LX I SARL, 7.75%,
05/31/32(b)
USD
61
62,427
Goodyear Tire & Rubber Co., 5.63%, 04/30/33
 
81
71,469
Mahle GmbH, 6.50%, 05/02/31(d)
EUR
100
108,087
Phinia, Inc., 6.63%, 10/15/32(b)
USD
66
66,545
Schaeffler AG, 4.75%, 08/14/29(d)
EUR
100
111,838
Tenneco, Inc., 8.00%, 11/17/28(b)
USD
39
36,189
ZF Finance GmbH, 3.75%, 09/21/28(d)
EUR
100
104,668
 
 
3,032,909
Automobiles — 1.0%
Asbury Automotive Group, Inc., 4.50%, 03/01/28
USD
10
9,735
Aston Martin Capital Holdings Ltd., 10.38%, 03/31/29(d)
GBP
100
133,087
Carvana Co.(b)(g)
 
(13.00% PIK), 13.00%, 06/01/30
USD
154
167,570
(14.00% PIK), 14.00%, 06/01/31
 
502
590,605
Cougar JV Subsidiary LLC, 8.00%, 05/15/32(b)
 
108
114,184
Ford Motor Co., 4.75%, 01/15/43(f)
 
2,000
1,657,322
General Motors Co., 6.25%, 10/02/43
 
2,506
2,571,646
Group 1 Automotive, Inc., 6.38%, 01/15/30(b)
 
73
74,160
Security
 
Par
(000)
Value
Automobiles (continued)
LCM Investments Holdings II LLC(b)
 
4.88%, 05/01/29
USD
55
$ 52,848
8.25%, 08/01/31(f)
 
244
259,084
RCI Banque SA, (5-year EUR Swap + 2.85%), 2.63%,
02/18/30(a)(d)
EUR
100
110,232
 
 
5,740,473
Banks — 5.2%
Alpha Bank SA, (1-year EUR Swap + 2.43%), 5.00%,
05/12/30(a)(d)
 
100
115,639
Banca Monte dei Paschi di Siena SpA, (3-mo. EURIBOR
+ 2.05%), 4.75%, 03/15/29(a)(d)
 
100
114,695
Banco de Credito Social Cooperativo SA, (1-year
EURIBOR ICE Swap + 1.70%), 4.13%, 09/03/30(a)(d)
 
100
112,772
Bangkok Bank PCL/Hong Kong, (5-year CMT + 4.73%),
5.00%(a)(d)(h)
USD
500
494,000
Bank Negara Indonesia Persero Tbk PT, 3.75%,
03/30/26(d)
 
252
245,622
Bank of America Corp., (3-mo. CME Term SOFR +
1.57%), 4.27%, 07/23/29(a)(f)
 
4,000
3,989,460
Barclays Bank PLC, 1.00%, 02/16/29(i)
 
229
231,004
Barclays PLC, (1-year CMT + 1.05%), 2.28%,
11/24/27(a)(f)
 
3,000
2,860,709
Citigroup, Inc., (1-day SOFR + 2.34%), 6.27%,
11/17/33(a)(f)
 
1,567
1,721,374
Deutsche Bank AG/New York, (1-day SOFR + 3.18%),
6.72%, 01/18/29(a)(f)
 
850
899,841
Freedom Mortgage Corp., 12.25%, 10/01/30(b)
 
65
72,797
Goldman Sachs Group, Inc., (3-mo. CME Term SOFR +
1.56%), 4.22%, 05/01/29(a)(f)
 
4,000
3,976,677
HSBC Holdings PLC, 6.10%, 01/14/42
 
610
701,278
JPMorgan Chase & Co.(a)
 
(1-day SOFR + 1.18%), 2.55%, 11/08/32
 
1,000
879,644
(1-day SOFR + 1.62%), 5.34%, 01/23/35
 
540
564,435
(1-day SOFR + 2.08%), 4.91%, 07/25/33
 
1,381
1,410,524
(3-mo. CME Term SOFR + 1.42%), 3.70%, 05/06/30
 
1,000
972,626
(3-mo. CME Term SOFR + 2.46%), 3.11%, 04/22/41
 
800
644,259
Morgan Stanley(a)
 
(1-day SOFR + 1.73%), 5.12%, 02/01/29(f)
 
3,000
3,075,726
(1-day SOFR + 1.73%), 5.47%, 01/18/35
 
600
627,355
(1-day SOFR + 1.88%), 5.42%, 07/21/34
 
735
766,499
National Bank of Greece SA, (5-year EURIBOR ICE
Swap + 3.15%), 5.88%, 06/28/35(a)(d)
EUR
100
115,927
NatWest Group PLC, (1-year CMT + 2.27%), 5.52%,
09/30/28(a)
USD
1,000
1,031,888
Standard Chartered PLC, (5-year USD ICE Swap +
1.97%), 4.87%, 03/15/33(a)(b)
 
500
495,615
UBS AG/Stamford CT, 5.00%, 07/09/27
 
900
919,739
Wells Fargo & Co.(a)
 
(1-day SOFR + 1.78%), 5.50%, 01/23/35
 
1,290
1,352,293
(1-day SOFR + 2.02%), 5.39%, 04/24/34
 
1,124
1,165,807
(1-day SOFR + 2.53%), 3.07%, 04/30/41(f)
 
2,250
1,774,421
 
 
31,332,626
Beverages — 0.8%
Anheuser-Busch Cos. LLC/Anheuser-Busch InBev
Worldwide, Inc., 4.90%, 02/01/46(f)
 
4,600
4,530,283
Keurig Dr. Pepper, Inc., Series 31, 2.25%, 03/15/31
 
400
351,754
 
 
4,882,037
Biotechnology — 0.6%
Amgen, Inc.
 
5.25%, 03/02/30
 
800
834,728
4.20%, 03/01/33
 
1,000
971,304
4
Schedule of Investments (unaudited)(continued)
September 30, 2024
BlackRock Core Bond Trust (BHK)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Biotechnology (continued)
Amgen, Inc. (continued)
 
5.25%, 03/02/33
USD
600
$ 624,645
4.40%, 05/01/45
 
650
583,450
Baxalta, Inc., 5.25%, 06/23/45
 
500
500,501
 
 
3,514,628
Broadline Retail — 0.3%
Amazon.com, Inc., 4.05%, 08/22/47(f)
 
1,500
1,350,038
Rakuten Group, Inc.(b)
 
11.25%, 02/15/27
 
200
218,707
9.75%, 04/15/29
 
200
218,250
 
 
1,786,995
Building Materials — 0.7%
Builders FirstSource, Inc., 6.38%, 03/01/34(b)
 
115
119,410
Camelot Return Merger Sub, Inc., 8.75%, 08/01/28(b)(f)
 
183
185,181
EMRLD Borrower LP/Emerald Co-Issuer, Inc.
 
6.38%, 12/15/30(b)
EUR
110
128,439
6.38%, 12/15/30(d)
 
100
116,763
6.63%, 12/15/30(b)
USD
1,408
1,451,782
6.75%, 07/15/31(b)
 
122
127,229
JELD-WEN, Inc., 7.00%, 09/01/32(b)
 
211
213,219
New Enterprise Stone & Lime Co., Inc.(b)
 
5.25%, 07/15/28
 
55
53,708
9.75%, 07/15/28
 
49
50,054
Smyrna Ready Mix Concrete LLC(b)
 
6.00%, 11/01/28
 
262
262,967
8.88%, 11/15/31
 
479
516,694
Standard Building Solutions, Inc., 6.50%, 08/15/32(b)
 
186
192,594
Standard Industries, Inc.(b)
 
5.00%, 02/15/27
 
157
155,673
4.75%, 01/15/28
 
3
2,938
4.38%, 07/15/30
 
170
160,905
3.38%, 01/15/31
 
44
39,197
Summit Materials LLC/Summit Materials Finance Corp.,
7.25%, 01/15/31(b)(f)
 
295
312,493
Wilsonart LLC, 11.00%, 08/15/32(b)
 
164
164,049
 
 
4,253,295
Building Products — 1.1%
Beacon Roofing Supply, Inc.(b)
 
4.13%, 05/15/29
 
68
64,065
6.50%, 08/01/30
 
76
78,659
Foundation Building Materials, Inc., 6.00%, 03/01/29(b)
 
36
31,702
GYP Holdings III Corp., 4.63%, 05/01/29(b)
 
138
131,554
Home Depot, Inc., 5.88%, 12/16/36
 
1,660
1,856,089
Lowe’s Cos., Inc.
 
1.70%, 10/15/30
 
1,600
1,376,183
5.00%, 04/15/33(f)
 
1,000
1,031,310
4.38%, 09/15/45
 
1,000
882,791
White Cap Buyer LLC, 6.88%, 10/15/28(b)
 
974
983,084
White Cap Parent LLC, (8.25% Cash or 9.00% PIK),
8.25%, 03/15/26(b)(g)
 
218
218,139
 
 
6,653,576
Capital Markets — 0.5%
Apollo Debt Solutions BDC, 6.90%, 04/13/29(b)
 
191
198,554
Ares Capital Corp.
 
5.88%, 03/01/29
 
90
92,162
5.95%, 07/15/29(f)
 
180
184,761
Blackstone Private Credit Fund
 
3.25%, 03/15/27
 
53
50,510
5.95%, 07/16/29(b)
 
76
77,382
Security
 
Par
(000)
Value
Capital Markets (continued)
Blackstone Private Credit Fund (continued)
 
6.25%, 01/25/31(b)
USD
73
$ 74,992
Blue Owl Capital Corp.
 
3.75%, 07/22/25
 
129
127,474
3.40%, 07/15/26
 
12
11,617
Blue Owl Capital Corp. II, 8.45%, 11/15/26(b)
 
94
98,696
Blue Owl Credit Income Corp.
 
7.75%, 09/16/27
 
215
226,505
6.60%, 09/15/29(b)
 
60
61,552
6.65%, 03/15/31
 
210
214,489
Compass Group Diversified Holdings LLC, 5.25%,
04/15/29(b)(f)
 
129
125,324
HA Sustainable Infrastructure Capital, Inc., 6.38%,
07/01/34(b)
 
81
82,914
HPS Corporate Lending Fund, 6.75%, 01/30/29(b)
 
140
145,012
Icahn Enterprises LP/Icahn Enterprises Finance Corp.
 
5.25%, 05/15/27
 
449
430,251
9.75%, 01/15/29(b)
 
188
195,045
4.38%, 02/01/29
 
142
124,101
9.00%, 06/15/30(b)
 
106
106,876
JPMorgan Chase Financial Co. LLC, 0.50%, 06/15/27(i)
 
191
192,146
State Street Corp., Series I, (5-year CMT + 2.61%),
6.70%(a)(h)
 
171
177,154
 
 
2,997,517
Chemicals — 0.9%
Avient Corp., 6.25%, 11/01/31(b)
 
83
85,086
Axalta Coating Systems Dutch Holding B BV, 7.25%,
02/15/31(b)
 
173
184,745
Axalta Coating Systems LLC, 3.38%, 02/15/29(b)
 
198
185,380
Braskem Idesa SAPI, 6.99%, 02/20/32(b)
 
200
157,500
Chemours Co.
 
4.00%, 05/15/26
EUR
100
110,641
5.38%, 05/15/27
USD
144
140,966
5.75%, 11/15/28(b)
 
118
112,090
4.63%, 11/15/29(b)(f)
 
157
140,596
Element Solutions, Inc., 3.88%, 09/01/28(b)
 
470
448,045
FIS Fabbrica Italiana Sintetici SpA, 5.63%, 08/01/27(d)
EUR
100
111,048
HB Fuller Co., 4.25%, 10/15/28
USD
74
70,964
Herens Holdco SARL, 4.75%, 05/15/28(b)
 
200
174,555
Illuminate Buyer LLC/Illuminate Holdings IV, Inc., 9.00%,
07/01/28(b)(f)
 
159
160,749
INEOS Quattro Finance 2 PLC, 8.50%, 03/15/29(d)
EUR
100
117,841
Kobe U.S. Midco 2, Inc., (9.25% Cash or 10.00% PIK),
9.25%, 11/01/26(b)(g)
USD
194
161,781
LSF11 A5 HoldCo LLC, 6.63%, 10/15/29(b)
 
90
87,538
Mativ Holdings, Inc., 10/01/29(b)(e)
 
112
114,315
Olympus Water U.S. Holding Corp.
 
9.63%, 11/15/28(d)
EUR
100
119,423
9.75%, 11/15/28(b)
USD
363
387,415
7.25%, 06/15/31(b)(f)
 
320
332,985
Sasol Financing USA LLC, 6.50%, 09/27/28
 
200
198,250
Sherwin-Williams Co., 4.50%, 06/01/47
 
350
319,321
SK Invictus Intermediate II SARL, 5.00%, 10/30/29(b)
 
311
298,564
WR Grace Holdings LLC(b)
 
4.88%, 06/15/27
 
105
103,466
5.63%, 08/15/29(f)
 
677
635,962
7.38%, 03/01/31
 
152
159,256
 
 
5,118,482
Schedule of Investments
5
Schedule of Investments (unaudited)(continued)
September 30, 2024
BlackRock Core Bond Trust (BHK)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Commercial Services & Supplies — 3.0%
ADT Security Corp.(b)
 
4.13%, 08/01/29
USD
19
$ 18,202
4.88%, 07/15/32
 
39
37,251
Allied Universal Holdco LLC, 7.88%, 02/15/31(b)
 
1,071
1,094,013
Allied Universal Holdco LLC/Allied Universal Finance
Corp., 6.00%, 06/01/29(b)(f)
 
898
802,501
Allied Universal Holdco LLC/Allied Universal Finance
Corp./Atlas Luxco 4 SARL
 
4.63%, 06/01/28(b)
 
729
684,797
4.88%, 06/01/28(d)
GBP
100
123,061
APCOA Group GmbH, 04/15/31(a)(d)(e)
EUR
100
111,297
APX Group, Inc., 5.75%, 07/15/29(b)
USD
181
179,200
BCP V Modular Services Finance II PLC, 4.75%,
11/30/28(d)
EUR
100
108,254
Block, Inc.
 
2.75%, 06/01/26
USD
450
436,278
3.50%, 06/01/31
 
43
39,210
6.50%, 05/15/32(b)(f)
 
917
954,889
Boels Topholding BV, 5.75%, 05/15/30(d)
EUR
100
114,398
Boost Newco Borrower LLC, 7.50%, 01/15/31(b)
USD
400
429,219
Brink’s Co.(b)
 
6.50%, 06/15/29
 
85
88,055
6.75%, 06/15/32
 
128
133,515
Champions Financing, Inc., 8.75%, 02/15/29(b)
 
49
49,909
Cimpress PLC, 7.38%, 09/15/32(b)
 
150
151,215
Fortress Transportation and Infrastructure Investors LLC
 
5.50%, 05/01/28(b)
 
9
8,962
7.88%, 12/01/30(b)
 
478
514,958
7.00%, 05/01/31(b)
 
553
582,866
7.50%, 06/01/31(b)
 
313
330,224
7.00%, 06/15/32(b)(f)
 
337
353,749
04/15/33(e)
 
219
217,905
Garda World Security Corp.(b)
 
4.63%, 02/15/27
 
88
86,401
9.50%, 11/01/27
 
96
96,126
7.75%, 02/15/28
 
370
383,656
6.00%, 06/01/29
 
57
54,701
8.25%, 08/01/32
 
207
211,865
Global Payments, Inc., 1.50%, 03/01/31(b)(i)
 
346
330,430
Grand Canyon University, 5.13%, 10/01/28
 
702
657,872
Herc Holdings, Inc.(b)
 
5.50%, 07/15/27
 
85
84,896
6.63%, 06/15/29
 
128
132,579
ITR Concession Co. LLC, 4.20%, 07/15/25(b)
 
4,000
3,968,370
Mavis Tire Express Services Topco Corp., 6.50%,
05/15/29(b)
 
82
78,794
Moody’s Corp., 2.75%, 08/19/41
 
350
260,042
Prime Security Services Borrower LLC/Prime Finance,
Inc.(b)
 
5.75%, 04/15/26
 
50
50,228
6.25%, 01/15/28(f)
 
216
216,058
Q-Park Holding I BV, 5.13%, 02/15/30(d)
EUR
100
113,541
RR Donnelley & Sons Co., 9.50%, 08/01/29(b)
USD
143
144,217
Service Corp. International
 
3.38%, 08/15/30
 
5
4,531
4.00%, 05/15/31
 
20
18,507
5.75%, 10/15/32
 
517
520,385
Shift4 Payments LLC/Shift4 Payments Finance Sub,
Inc.(b)
 
4.63%, 11/01/26
 
228
225,650
6.75%, 08/15/32
 
567
591,969
Shift4 Payments, Inc., 0.00%, 12/15/25(i)(j)
 
112
136,136
Security
 
Par
(000)
Value
Commercial Services & Supplies (continued)
Sotheby’s, 7.38%, 10/15/27(b)(f)
USD
465
$ 447,537
Techem Verwaltungsgesellschaft 674 mbH, 6.00%,
07/30/26(d)
EUR
88
98,034
Transurban Finance Co. Pty. Ltd., 4.13%, 02/02/26(b)
USD
580
576,860
United Rentals North America, Inc., 6.13%, 03/15/34(b)
 
102
105,412
Verisure Holding AB, 9.25%, 10/15/27(d)
EUR
100
116,742
Wand NewCo 3, Inc., 7.63%, 01/30/32(b)
USD
342
360,296
Williams Scotsman, Inc.(b)
 
6.63%, 06/15/29
 
60
61,775
7.38%, 10/01/31
 
179
189,196
 
 
17,886,734
Construction & Engineering — 0.2%
Arcosa, Inc.(b)
 
4.38%, 04/15/29
 
117
112,150
6.88%, 08/15/32
 
31
32,443
Azzurra Aeroporti SpA, 2.63%, 05/30/27(d)
EUR
100
107,094
Brand Industrial Services, Inc., 10.38%, 08/01/30(b)
USD
1,004
1,075,134
Cellnex Telecom SA, Series CLNX, 2.13%, 08/11/30(d)
EUR
100
118,122
 
 
1,444,943
Consumer Finance — 0.8%
Bread Financial Holdings, Inc., 9.75%, 03/15/29(b)
USD
52
54,952
Capital One Financial Corp., (1-day SOFR + 2.60%),
5.82%, 02/01/34(a)
 
440
457,870
FMR LLC, 4.95%, 02/01/33(b)
 
2,300
2,336,727
Focus Financial Partners LLC, 6.75%, 09/15/31(b)
 
136
137,298
Navient Corp.
 
5.50%, 03/15/29
 
30
29,102
9.38%, 07/25/30
 
148
164,175
OneMain Finance Corp.
 
3.50%, 01/15/27
 
116
110,875
6.63%, 01/15/28
 
78
79,418
9.00%, 01/15/29(f)
 
200
211,933
5.38%, 11/15/29
 
30
28,829
7.88%, 03/15/30
 
247
258,211
4.00%, 09/15/30
 
115
102,428
7.50%, 05/15/31
 
58
59,704
7.13%, 11/15/31
 
99
100,189
Raymond James Financial, Inc., 4.95%, 07/15/46
 
400
386,471
 
 
4,518,182
Consumer Staples Distribution & Retail — 0.1%
Albertsons Cos., Inc./Safeway, Inc./New Albertsons
LP/Albertsons LLC(b)
 
3.25%, 03/15/26
 
34
32,877
5.88%, 02/15/28
 
62
62,277
6.50%, 02/15/28
 
80
81,456
3.50%, 03/15/29
 
198
184,619
4.88%, 02/15/30
 
55
54,113
Bellis Acquisition Co. PLC, 8.13%, 05/14/30(d)
GBP
100
132,320
Bubbles Bidco SpA, 09/30/31(a)(d)(e)
EUR
100
111,037
Lion/Polaris Lux 4 SA, (3-mo. EURIBOR + 3.63%),
6.95%, 07/01/29(a)(d)
 
100
111,872
Walgreens Boots Alliance, Inc., 8.13%, 08/15/29
USD
51
50,902
 
 
821,473
Containers & Packaging — 0.8%
Ardagh Metal Packaging Finance USA LLC/Ardagh Metal
Packaging Finance PLC, 4.00%, 09/01/29(b)(f)
 
666
594,484
Ardagh Packaging Finance PLC/Ardagh Holdings USA,
Inc.
 
2.13%, 08/15/26(d)
EUR
200
192,591
4.13%, 08/15/26(b)
USD
202
182,092
6
Schedule of Investments (unaudited)(continued)
September 30, 2024
BlackRock Core Bond Trust (BHK)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Containers & Packaging (continued)
Clydesdale Acquisition Holdings, Inc.(b)
 
6.63%, 04/15/29
USD
219
$ 221,077
6.88%, 01/15/30
 
254
259,393
8.75%, 04/15/30(f)
 
476
483,351
Fiber Bidco SpA, 6.13%, 06/15/31(d)
EUR
100
110,758
LABL, Inc.(b)
 
6.75%, 07/15/26
USD
40
39,967
5.88%, 11/01/28
 
41
38,399
9.50%, 11/01/28
 
301
311,017
10/01/31(e)
 
208
206,410
Mauser Packaging Solutions Holding Co.(b)
 
7.88%, 04/15/27(f)
 
1,742
1,799,795
9.25%, 04/15/27
 
100
102,538
OI European Group BV, 6.25%, 05/15/28(b)
EUR
100
115,935
Owens-Brockway Glass Container, Inc.(b)
 
6.63%, 05/13/27
USD
27
27,127
7.25%, 05/15/31
 
94
96,569
Sealed Air Corp.(b)
 
5.00%, 04/15/29
 
38
37,425
6.50%, 07/15/32
 
101
104,148
Trident TPI Holdings, Inc., 12.75%, 12/31/28(b)
 
23
25,533
 
 
4,948,609
Diversified REITs — 1.5%
American Tower Corp., 2.90%, 01/15/30(f)
 
2,500
2,311,798
Crown Castle, Inc.
 
3.10%, 11/15/29
 
750
701,838
2.10%, 04/01/31
 
1,000
855,345
2.90%, 04/01/41
 
350
259,446
Equinix, Inc., 2.50%, 05/15/31
 
500
441,751
ERP Operating LP, 4.50%, 06/01/45
 
1,155
1,041,420
HAT Holdings I LLC/HAT Holdings II LLC, 8.00%,
06/15/27(b)
 
130
137,720
Iron Mountain Information Management Services, Inc.,
5.00%, 07/15/32(b)
 
127
122,412
Iron Mountain, Inc.(b)
 
7.00%, 02/15/29
 
194
202,208
5.25%, 07/15/30
 
13
12,836
5.63%, 07/15/32
 
62
61,841
Prologis LP, 4.63%, 01/15/33(f)
 
1,000
1,005,538
SBA Communications Corp.
 
3.13%, 02/01/29(f)
 
321
296,699
3.88%, 02/15/27
 
18
17,542
Uniti Group LP/Uniti Group Finance, Inc./CSL Capital
LLC, 10.50%, 02/15/28(b)
 
1,158
1,236,056
 
 
8,704,450
Diversified Telecommunication Services — 4.4%
Altice Financing SA(b)
 
9.63%, 07/15/27
 
217
211,351
5.75%, 08/15/29
 
200
160,728
Altice France SA
 
11.50%, 02/01/27(d)
EUR
100
91,668
5.13%, 07/15/29(b)
USD
544
382,551
5.50%, 10/15/29(b)
 
200
140,068
AT&T, Inc.
 
5.40%, 02/15/34
 
560
587,593
6.38%, 03/01/41
 
520
577,166
5.15%, 03/15/42
 
1,200
1,179,289
4.75%, 05/15/46
 
1,500
1,403,570
Bell Telephone Co. of Canada or Bell Canada, 3.65%,
03/17/51
 
335
257,937
Security
 
Par
(000)
Value
Diversified Telecommunication Services (continued)
CommScope, Inc., 4.75%, 09/01/29(b)
USD
187
$ 157,080
Connect Finco SARL/Connect U.S. Finco LLC(b)
 
6.75%, 10/01/26
 
200
200,000
9.00%, 09/15/29
 
347
335,804
Corning, Inc., 4.38%, 11/15/57
 
2,000
1,702,250
Frontier Communications Holdings LLC(b)
 
5.00%, 05/01/28
 
293
290,357
8.75%, 05/15/30
 
1,073
1,143,457
8.63%, 03/15/31
 
198
213,462
Iliad Holding SASU(b)
 
6.50%, 10/15/26
 
256
258,791
8.50%, 04/15/31
 
200
215,121
Kaixo Bondco Telecom SA, 5.13%, 09/30/29(d)
EUR
100
111,176
Kenbourne Invest SA, 6.88%, 11/26/24(b)(k)(l)
USD
233
139,800
Level 3 Financing, Inc.(b)
 
10.50%, 04/15/29
 
744
810,996
4.88%, 06/15/29(f)
 
262
220,080
11.00%, 11/15/29
 
788
871,982
10.50%, 05/15/30(f)
 
754
811,492
10.75%, 12/15/30
 
26
28,314
Lorca Telecom Bondco SA, 5.75%, 04/30/29(d)
EUR
100
116,187
Lumen Technologies, Inc.(b)
 
4.13%, 04/15/29
USD
139
116,952
4.13%, 04/15/30
 
139
112,397
Network i2i Ltd., (5-year CMT + 4.27%), 5.65%(a)(d)(h)
 
400
399,080
Optics Bidco SpA(b)
 
6.00%, 09/30/34
 
200
202,464
7.20%, 07/18/36
 
200
215,234
Rogers Communications, Inc., 7.50%, 08/15/38
 
2,325
2,793,962
Sable International Finance Ltd.(b)
 
5.75%, 09/07/27
 
200
198,876
10/15/32(e)
 
260
260,528
SoftBank Group Corp.(d)
 
2.88%, 01/06/27
EUR
100
108,532
3.88%, 07/06/32
 
100
102,250
T-Mobile U.S., Inc.
 
2.55%, 02/15/31
USD
500
445,652
4.50%, 04/15/50
 
500
444,726
Verizon Communications, Inc., 6.55%, 09/15/43(f)
 
5,000
5,864,952
Vmed O2 U.K. Financing I PLC, 4.50%, 07/15/31(d)
GBP
100
115,312
Vodafone Group PLC, 4.25%, 09/17/50(f)
USD
700
584,043
Windstream Escrow LLC/Windstream Escrow Finance
Corp.(b)
 
7.75%, 08/15/28
 
205
205,193
10/01/31(e)
 
132
134,195
Zayo Group Holdings, Inc.(b)
 
4.00%, 03/01/27(f)
 
834
745,965
6.13%, 03/01/28
 
357
296,310
 
 
25,964,893
Electric Utilities — 5.5%
Alpha Generation LLC, 6.75%, 10/15/32(b)
 
178
180,509
Baltimore Gas and Electric Co.
 
3.50%, 08/15/46
 
800
627,787
3.75%, 08/15/47
 
500
405,126
Calpine Corp.(b)
 
5.13%, 03/15/28
 
92
90,721
5.00%, 02/01/31
 
30
29,047
CenterPoint Energy Houston Electric LLC, Series AI,
4.45%, 10/01/32
 
750
744,866
Clearway Energy Operating LLC, 4.75%, 03/15/28(b)
 
93
91,255
Schedule of Investments
7
Schedule of Investments (unaudited)(continued)
September 30, 2024
BlackRock Core Bond Trust (BHK)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Electric Utilities (continued)
Cleveland Electric Illuminating Co., 5.95%, 12/15/36
USD
434
$ 465,057
Duke Energy Carolinas LLC
 
6.10%, 06/01/37
 
640
704,553
6.00%, 01/15/38
 
1,675
1,853,459
Duke Energy Florida LLC
 
6.35%, 09/15/37
 
2,775
3,139,151
6.40%, 06/15/38
 
770
879,986
E.ON International Finance BV, 6.65%, 04/30/38(b)
 
2,000
2,265,049
Edison International, Series A, (5-year CMT + 4.70%),
5.38%(a)(h)
 
3,021
2,991,071
Electricite de France SA, 5.60%, 01/27/40(b)
 
2,800
2,847,978
Eversource Energy, 2.55%, 03/15/31
 
350
305,603
Lightning Power LLC, 7.25%, 08/15/32(b)
 
49
51,525
Mong Duong Finance Holdings BV, 5.13%, 05/07/29(d)
 
486
470,125
NextEra Energy Operating Partners LP(b)
 
3.88%, 10/15/26
 
41
39,938
7.25%, 01/15/29
 
106
111,764
NRG Energy, Inc., 7.00%, 03/15/33(b)
 
74
82,204
Ohio Power Co., Series D, 6.60%, 03/01/33(f)
 
3,000
3,332,787
Oncor Electric Delivery Co. LLC
 
4.15%, 06/01/32
 
1,000
977,918
4.55%, 09/15/32(f)
 
1,000
1,004,871
Pike Corp., 8.63%, 01/31/31(b)
 
57
60,945
San Diego Gas & Electric Co.
 
4.95%, 08/15/28
 
1,565
1,608,099
Series VVV, 1.70%, 10/01/30
 
750
648,876
Southern California Edison Co., 5.63%, 02/01/36
 
1,300
1,374,395
Star Energy Geothermal Wayang Windu Ltd., 6.75%,
04/24/33(d)
 
203
207,588
Talen Energy Supply LLC, 8.63%, 06/01/30(b)
 
91
99,174
TransAlta Corp., 7.75%, 11/15/29
 
44
46,476
Virginia Electric and Power Co., Series A, 6.00%,
05/15/37
 
3,920
4,290,631
Vistra Corp., (5-year CMT + 6.93%), 8.00%(a)(b)(h)
 
100
104,754
Vistra Operations Co. LLC(b)
 
5.00%, 07/31/27
 
12
11,941
7.75%, 10/15/31
 
233
250,847
6.88%, 04/15/32
 
203
213,541
 
 
32,609,617
Electronic Equipment, Instruments & Components — 0.2%
CDW LLC/CDW Finance Corp., 5.55%, 08/22/34
 
98
100,268
Coherent Corp., 5.00%, 12/15/29(b)(f)
 
236
230,754
EquipmentShare.com, Inc., 8.00%, 03/15/33(b)
 
73
74,729
Imola Merger Corp., 4.75%, 05/15/29(b)
 
40
39,031
Nexans SA, 4.25%, 03/11/30(d)
EUR
100
113,664
Sensata Technologies, Inc., 6.63%, 07/15/32(b)
USD
200
208,512
WESCO Distribution, Inc.(b)
 
6.38%, 03/15/29
 
85
87,814
6.63%, 03/15/32
 
111
115,618
Zebra Technologies Corp., 6.50%, 06/01/32(b)
 
63
65,775
 
 
1,036,165
Energy Equipment & Services — 0.3%
Archrock Partners LP/Archrock Partners Finance Corp.(b)
 
6.88%, 04/01/27
 
79
79,248
6.63%, 09/01/32
 
254
260,475
Halliburton Co., 5.00%, 11/15/45(f)
 
500
478,972
Kodiak Gas Services LLC, 7.25%, 02/15/29(b)
 
330
341,518
Oceaneering International, Inc., 6.00%, 02/01/28
 
45
45,086
Star Holding LLC, 8.75%, 08/01/31(b)
 
138
131,597
Security
 
Par
(000)
Value
Energy Equipment & Services (continued)
USA Compression Partners LP/USA Compression
Finance Corp.
 
6.88%, 09/01/27
USD
66
$ 66,558
7.13%, 03/15/29(b)
 
244
251,308
Weatherford International Ltd., 8.63%, 04/30/30(b)
 
193
201,110
 
 
1,855,872
Entertainment — 0.8%
Boyne USA, Inc., 4.75%, 05/15/29(b)
 
142
136,509
Caesars Entertainment, Inc.(b)
 
4.63%, 10/15/29
 
2
1,902
7.00%, 02/15/30
 
462
482,650
6.50%, 02/15/32(f)
 
430
444,798
Churchill Downs, Inc.(b)
 
5.50%, 04/01/27
 
83
82,687
4.75%, 01/15/28
 
207
202,962
5.75%, 04/01/30
 
241
241,264
6.75%, 05/01/31
 
273
281,916
Cinemark USA, Inc., 7.00%, 08/01/32(b)
 
60
62,638
Light & Wonder International, Inc.(b)
 
7.25%, 11/15/29
 
96
99,324
7.50%, 09/01/31
 
132
138,452
Lions Gate Capital Holdings 1, Inc., 5.50%, 04/15/29(b)
 
155
139,146
Lottomatica SpA/Roma, (3-mo. EURIBOR + 4.00%),
7.51%, 12/15/30(a)(d)
EUR
100
112,175
Merlin Entertainments Group U.S. Holdings, Inc., 7.38%,
02/15/31(b)
USD
200
200,779
Pinewood Finco PLC, 6.00%, 03/27/30(d)
GBP
100
134,068
Playtika Holding Corp., 4.25%, 03/15/29(b)
USD
54
49,559
Premier Entertainment Sub LLC/Premier Entertainment
Finance Corp.(b)
 
5.63%, 09/01/29
 
63
47,127
5.88%, 09/01/31
 
107
73,031
Scientific Games Holdings LP/Scientific Games
U.S. FinCo, Inc., 6.63%, 03/01/30(b)
 
171
169,709
Six Flags Entertainment Corp., 7.25%, 05/15/31(b)(f)
 
185
191,608
Six Flags Entertainment Corp./Six Flags Theme Parks,
Inc., 6.63%, 05/01/32(b)
 
458
474,306
Vail Resorts, Inc., 6.50%, 05/15/32(b)(f)
 
193
201,669
Wynn Resorts Finance LLC/Wynn Resorts Capital
Corp.(b)
 
5.13%, 10/01/29
 
225
222,298
7.13%, 02/15/31(f)
 
263
283,750
6.25%, 03/15/33
 
100
101,305
 
 
4,575,632
Environmental, Maintenance & Security Service — 0.5%
Clean Harbors, Inc., 6.38%, 02/01/31(b)
 
53
54,294
GFL Environmental, Inc.(b)
 
4.00%, 08/01/28
 
174
167,108
3.50%, 09/01/28
 
43
40,938
4.75%, 06/15/29(f)
 
148
144,368
4.38%, 08/15/29
 
301
288,512
6.75%, 01/15/31
 
102
106,981
Madison IAQ LLC(b)
 
4.13%, 06/30/28
 
172
165,975
5.88%, 06/30/29(f)
 
374
364,113
Paprec Holding SA, 7.25%, 11/17/29(d)
EUR
100
118,250
Reworld Holding Corp.
 
4.88%, 12/01/29(b)
USD
92
86,603
5.00%, 09/01/30
 
48
45,021
Waste Management, Inc., 2.95%, 06/01/41
 
350
272,684
8
Schedule of Investments (unaudited)(continued)
September 30, 2024
BlackRock Core Bond Trust (BHK)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Environmental, Maintenance & Security Service (continued)
Waste Pro USA, Inc., 5.50%, 02/15/26(b)
USD
813
$ 808,944
Wrangler Holdco Corp., 6.63%, 04/01/32(b)
 
86
89,391
 
 
2,753,182
Financial Services — 0.7%
Enact Holdings, Inc., 6.25%, 05/28/29
 
47
48,798
Freedom Mortgage Holdings LLC(b)
 
9.25%, 02/01/29
 
226
234,915
9.13%, 05/15/31
 
150
154,216
GGAM Finance Ltd.(b)
 
7.75%, 05/15/26
 
30
30,676
8.00%, 02/15/27
 
120
125,401
8.00%, 06/15/28
 
113
121,120
6.88%, 04/15/29
 
138
143,559
5.88%, 03/15/30
 
116
116,152
Global Aircraft Leasing Co. Ltd., 8.75%, 09/01/27(b)
 
71
72,115
Jefferies Finance LLC/JFIN Co-Issuer Corp., 5.00%,
08/15/28(b)
 
220
209,178
Macquarie Airfinance Holdings Ltd.(b)
 
6.40%, 03/26/29
 
40
41,632
8.13%, 03/30/29
 
176
186,402
6.50%, 03/26/31
 
95
100,281
Nationstar Mortgage Holdings, Inc.(b)
 
5.00%, 02/01/26
 
898
893,643
6.50%, 08/01/29
 
281
285,729
5.13%, 12/15/30
 
87
83,459
5.75%, 11/15/31
 
115
112,651
7.13%, 02/01/32(f)
 
356
371,788
PennyMac Financial Services, Inc.(b)
 
7.88%, 12/15/29
 
177
188,738
7.13%, 11/15/30
 
149
154,280
Rocket Mortgage LLC/Rocket Mortgage Co-Issuer, Inc.(b)
 
2.88%, 10/15/26(f)
 
604
579,887
3.88%, 03/01/31
 
98
90,232
4.00%, 10/15/33
 
56
50,024
Titanium 2l Bondco SARL, (6.25% PIK), 6.25%,
01/14/31(g)
EUR
109
34,036
 
 
4,428,912
Food Products — 0.7%
Aramark International Finance SARL, 3.13%, 04/01/25(d)
 
100
110,717
Aramark Services, Inc., 5.00%, 02/01/28(b)(f)
USD
298
297,042
B&G Foods, Inc., 8.00%, 09/15/28(b)
 
48
50,210
Chobani LLC/Chobani Finance Corp., Inc.(b)
 
4.63%, 11/15/28
 
466
453,819
7.63%, 07/01/29
 
736
772,889
Darling Global Finance BV, 3.63%, 05/15/26(d)
EUR
100
110,792
Fiesta Purchaser, Inc.(b)
 
7.88%, 03/01/31
USD
69
73,200
9.63%, 09/15/32
 
71
73,495
KeHE Distributors LLC/KeHE Finance Corp./NextWave
Distribution, Inc., 9.00%, 02/15/29(b)
 
48
49,916
Kraft Heinz Foods Co.
 
5.00%, 06/04/42
 
500
488,221
4.38%, 06/01/46
 
200
177,008
Lamb Weston Holdings, Inc.(b)
 
4.13%, 01/31/30
 
90
84,416
4.38%, 01/31/32
 
94
87,192
Performance Food Group, Inc.(b)
 
4.25%, 08/01/29
 
34
32,332
6.13%, 09/15/32
 
290
296,338
Post Holdings, Inc.(b)
 
4.63%, 04/15/30
 
67
64,110
Security
 
Par
(000)
Value
Food Products (continued)
Post Holdings, Inc.(b) (continued)
 
4.50%, 09/15/31
USD
9
$ 8,408
6.25%, 02/15/32
 
169
174,021
6.38%, 03/01/33
 
128
130,089
10/15/34(e)
 
110
110,693
U.S. Foods, Inc.(b)
 
6.88%, 09/15/28
 
93
96,932
4.75%, 02/15/29
 
44
42,897
4.63%, 06/01/30
 
27
26,085
7.25%, 01/15/32
 
148
156,635
United Natural Foods, Inc., 6.75%, 10/15/28(b)
 
50
47,687
 
 
4,015,144
Gas Utilities — 0.2%
AmeriGas Partners LP/AmeriGas Finance Corp., 9.38%,
06/01/28(b)
 
47
49,356
KeySpan Gas East Corp., 5.82%, 04/01/41(b)
 
1,010
1,041,959
NiSource, Inc., 1.70%, 02/15/31
 
400
337,689
 
 
1,429,004
Ground Transportation — 1.2%
Burlington Northern Santa Fe LLC, 5.75%, 05/01/40
 
1,890
2,065,440
Genesee & Wyoming, Inc., 6.25%, 04/15/32(b)
 
227
233,435
Lima Metro Line 2 Finance Ltd., 5.88%, 07/05/34(b)
 
2,107
2,133,635
Norfolk Southern Corp., 2.30%, 05/15/31(f)
 
1,800
1,594,439
Union Pacific Corp.
 
3.38%, 02/14/42
 
350
287,264
3.84%, 03/20/60
 
800
639,193
Watco Cos. LLC/Watco Finance Corp., 7.13%,
08/01/32(b)
 
75
78,170
 
 
7,031,576
Health Care Equipment & Supplies — 0.7%
Avantor Funding, Inc.
 
2.63%, 11/01/25(d)
EUR
100
110,363
4.63%, 07/15/28(b)(f)
USD
158
154,428
3.88%, 11/01/29(b)
 
17
16,085
Bausch & Lomb Corp., 8.38%, 10/01/28(b)
 
760
803,700
Medline Borrower LP(b)
 
3.88%, 04/01/29
 
224
212,075
5.25%, 10/01/29
 
703
689,772
Medline Borrower LP/Medline Co-Issuer, Inc., 6.25%,
04/01/29(b)
 
221
227,703
Neogen Food Safety Corp., 8.63%, 07/20/30(b)
 
136
150,529
Sotera Health Holdings LLC, 7.38%, 06/01/31(b)
 
105
109,044
Thermo Fisher Scientific, Inc.
 
5.09%, 08/10/33
 
495
517,821
5.30%, 02/01/44(f)
 
1,000
1,035,930
 
 
4,027,450
Health Care Providers & Services — 2.0%
Aetna, Inc., 4.50%, 05/15/42
 
575
509,897
AHP Health Partners, Inc., 5.75%, 07/15/29(b)
 
232
226,883
Catalent Pharma Solutions, Inc.(b)
 
5.00%, 07/15/27
 
98
97,515
3.13%, 02/15/29
 
56
55,009
3.50%, 04/01/30
 
184
180,992
CHS/Community Health Systems, Inc.(b)
 
5.63%, 03/15/27(f)
 
227
223,383
6.00%, 01/15/29(f)
 
406
394,141
5.25%, 05/15/30(f)
 
570
524,574
4.75%, 02/15/31(f)
 
235
206,576
10.88%, 01/15/32
 
394
434,182
Concentra Escrow Issuer Corp., 6.88%, 07/15/32(b)
 
208
218,715
DaVita, Inc., 6.88%, 09/01/32(b)
 
94
97,107
Schedule of Investments
9
Schedule of Investments (unaudited)(continued)
September 30, 2024
BlackRock Core Bond Trust (BHK)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Health Care Providers & Services (continued)
Elevance Health, Inc., 4.65%, 08/15/44(f)
USD
1,500
$ 1,403,207
Encompass Health Corp., 4.75%, 02/01/30
 
217
212,100
Fortrea Holdings, Inc., 7.50%, 07/01/30(b)(f)
 
102
102,670
HAH Group Holding Co. LLC, 9.75%, 10/01/31(b)
 
72
72,599
HCA, Inc.
 
5.45%, 09/15/34
 
50
51,447
5.50%, 06/15/47
 
1,090
1,083,350
HealthEquity, Inc., 4.50%, 10/01/29(b)
 
355
343,085
LifePoint Health, Inc.(b)(f)
 
9.88%, 08/15/30
 
215
236,716
11.00%, 10/15/30
 
313
353,185
10.00%, 06/01/32
 
146
160,508
Molina Healthcare, Inc.(b)
 
4.38%, 06/15/28
 
32
31,110
3.88%, 11/15/30
 
122
113,328
Northwell Healthcare, Inc., 4.26%, 11/01/47
 
725
625,060
Star Parent, Inc., 9.00%, 10/01/30(b)
 
528
566,850
Surgery Center Holdings, Inc., 7.25%, 04/15/32(b)(f)
 
361
376,802
Tenet Healthcare Corp., 6.75%, 05/15/31
 
344
358,576
U.S. Acute Care Solutions LLC, 9.75%, 05/15/29(b)
 
133
137,756
UnitedHealth Group, Inc.
 
4.20%, 05/15/32
 
340
337,328
5.80%, 03/15/36(f)
 
1,750
1,929,335
3.05%, 05/15/41
 
600
473,650
 
 
12,137,636
Health Care REITs — 0.4%
Alexandria Real Estate Equities, Inc.
 
4.75%, 04/15/35
 
140
138,250
4.00%, 02/01/50
 
550
438,923
MPT Operating Partnership LP/MPT Finance Corp.
 
2.50%, 03/24/26
GBP
200
241,420
5.25%, 08/01/26
USD
26
24,756
5.00%, 10/15/27
 
28
25,118
4.63%, 08/01/29
 
272
218,778
3.50%, 03/15/31
 
387
282,619
Ventas Realty LP, 4.13%, 01/15/26
 
870
865,805
 
 
2,235,669
Hotel & Resort REITs — 0.3%
Host Hotels & Resorts LP, 5.50%, 04/15/35
 
122
123,769
Park Intermediate Holdings LLC/PK Domestic Property
LLC/PK Finance Co-Issuer, 7.00%, 02/01/30(b)
 
121
125,777
Pebblebrook Hotel LP/PEB Finance Corp., 10/15/29(b)(e)
 
65
65,430
RHP Hotel Properties LP/RHP Finance Corp.(b)
 
7.25%, 07/15/28
 
172
179,977
6.50%, 04/01/32
 
319
329,663
Service Properties Trust
 
8.63%, 11/15/31(b)
 
752
817,769
8.88%, 06/15/32
 
253
241,670
 
 
1,884,055
Hotels, Restaurants & Leisure — 2.0%
1011778 BC ULC/New Red Finance, Inc., 5.63%,
09/15/29(b)
 
104
105,503
Acushnet Co., 7.38%, 10/15/28(b)
 
21
22,137
Burger King (Restaurant Brands International, Inc.)/New
Red Finance, Inc.(b)
 
3.88%, 01/15/28
 
39
37,476
4.38%, 01/15/28
 
122
118,525
4.00%, 10/15/30
 
98
90,370
Carnival Corp.(b)
 
5.75%, 03/01/27
 
23
23,293
4.00%, 08/01/28
 
119
114,559
Security
 
Par
(000)
Value
Hotels, Restaurants & Leisure (continued)
Carnival Corp.(b) (continued)
 
6.00%, 05/01/29
USD
402
$ 407,306
7.00%, 08/15/29
 
75
79,687
Carnival Holdings Bermuda Ltd., 10.38%, 05/01/28(b)
 
1,454
1,568,965
Corvias Campus Living - USG LLC, 5.30%, 07/01/50(c)
 
5,506
1,957,476
Fertitta Entertainment LLC/Fertitta Entertainment
Finance Co., Inc.(b)
 
4.63%, 01/15/29
 
162
154,682
6.75%, 01/15/30
 
84
78,259
Hilton Domestic Operating Co., Inc.
 
3.75%, 05/01/29(b)
 
80
75,828
4.88%, 01/15/30
 
19
18,748
4.00%, 05/01/31(b)
 
79
73,870
3.63%, 02/15/32(b)
 
65
58,722
6.13%, 04/01/32(b)(f)
 
124
127,679
5.88%, 03/15/33(b)
 
358
364,785
Lindblad Expeditions Holdings, Inc., 9.00%, 05/15/28(b)
 
96
100,447
Lindblad Expeditions LLC, 6.75%, 02/15/27(b)
 
57
57,388
MajorDrive Holdings IV LLC, 6.38%, 06/01/29(b)
 
162
157,574
Melco Resorts Finance Ltd.(b)
 
4.88%, 06/06/25
 
200
197,937
5.75%, 07/21/28
 
200
193,250
5.38%, 12/04/29
 
400
375,500
7.63%, 04/17/32
 
200
205,925
MGM China Holdings Ltd.
 
5.88%, 05/15/26(d)
 
450
449,016
4.75%, 02/01/27(b)
 
200
194,625
MGM Resorts International, 6.13%, 09/15/29
 
250
253,112
NCL Corp. Ltd.(b)
 
5.88%, 03/15/26
 
112
112,007
8.38%, 02/01/28
 
95
99,764
8.13%, 01/15/29
 
77
82,328
7.75%, 02/15/29
 
84
90,015
6.25%, 03/01/30
 
165
164,817
NCL Finance Ltd., 6.13%, 03/15/28(b)
 
84
85,680
Raising Cane’s Restaurants LLC, 9.38%, 05/01/29(b)
 
90
97,455
Royal Caribbean Cruises Ltd.(b)
 
5.63%, 09/30/31
 
635
643,334
6.25%, 03/15/32
 
88
91,286
6.00%, 02/01/33
 
499
511,567
Sabre GLBL, Inc.(b)
 
8.63%, 06/01/27(f)
 
331
325,580
11.25%, 12/15/27
 
17
17,640
Station Casinos LLC(b)
 
4.50%, 02/15/28
 
123
118,772
6.63%, 03/15/32
 
113
115,514
Studio City Co. Ltd., 7.00%, 02/15/27(d)
 
200
201,875
Viking Cruises Ltd.(b)
 
5.88%, 09/15/27
 
95
94,934
7.00%, 02/15/29
 
34
34,430
9.13%, 07/15/31
 
316
345,561
Viking Ocean Cruises Ship VII Ltd., 5.63%, 02/15/29(b)
 
111
110,634
Wynn Macau Ltd.
 
4.88%, 10/01/24(d)
 
200
200,000
5.63%, 08/26/28(b)
 
400
388,520
5.13%, 12/15/29(b)
 
200
187,750
 
 
11,782,107
Household Durables — 0.2%
Beazer Homes USA, Inc., 7.50%, 03/15/31(b)
 
49
50,845
Brookfield Residential Properties, Inc./Brookfield
Residential U.S. LLC, 5.00%, 06/15/29(b)
 
141
135,135
10
Schedule of Investments (unaudited)(continued)
September 30, 2024
BlackRock Core Bond Trust (BHK)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Household Durables (continued)
CD&R Smokey Buyer, Inc., 6.75%, 07/15/25(b)
USD
173
$ 172,943
CD&R Smokey Buyer, Inc./Radio Systems Corp.,
10/15/29(b)(e)
 
204
204,194
Dream Finders Homes, Inc., 8.25%, 08/15/28(b)
 
73
77,142
Empire Communities Corp., 9.75%, 05/01/29(b)
 
42
44,843
K Hovnanian Enterprises, Inc., 11.75%, 09/30/29(b)
 
181
201,321
LGI Homes, Inc., 8.75%, 12/15/28(b)
 
56
59,971
Meritage Homes Corp., 1.75%, 05/15/28(b)(i)
 
15
17,078
Scotts Miracle-Gro Co.
 
4.50%, 10/15/29
 
84
80,774
4.38%, 02/01/32
 
46
42,629
STL Holding Co. LLC, 8.75%, 02/15/29(b)
 
76
80,849
Tempur Sealy International, Inc., 3.88%, 10/15/31(b)
 
45
40,112
 
 
1,207,836
Household Products — 0.0%
Central Garden & Pet Co.
 
5.13%, 02/01/28
 
35
34,678
4.13%, 10/15/30
 
86
79,950
Kronos Acquisition Holdings, Inc., 8.25%, 06/30/31(b)
 
32
32,120
Spectrum Brands, Inc.(b)
 
3.38%, 06/01/29(i)
 
103
106,630
3.88%, 03/15/31
 
22
19,261
 
 
272,639
Independent Power and Renewable Electricity Producers — 0.1%
Greenko Dutch BV, 3.85%, 03/29/26(d)
 
179
172,735
Greenko Solar Mauritius Ltd., 5.95%, 07/29/26(d)
 
200
199,313
India Cleantech Energy, 4.70%, 08/10/26(b)
 
205
198,374
SCC Power PLC(b)(g)
 
(4.00% Cash and 4.00% PIK), 8.00%, 12/31/28
 
259
98,189
(4.00% Cash or 4.00% PIK), 4.00%, 05/17/32
 
140
19,633
 
 
688,244
Industrial Conglomerates — 0.1%
Eaton Corp., 4.15%, 11/02/42
 
500
457,766
Insurance — 3.5%
Acrisure LLC/Acrisure Finance, Inc., 7.50%, 11/06/30(b)
 
145
149,219
Alliant Holdings Intermediate LLC/Alliant Holdings Co-
Issuer(b)
 
4.25%, 10/15/27
 
324
310,170
6.75%, 10/15/27(f)
 
870
866,737
6.75%, 04/15/28
 
71
72,150
5.88%, 11/01/29(f)
 
852
818,143
7.00%, 01/15/31
 
592
608,335
7.38%, 10/01/32
 
493
499,829
AmWINS Group, Inc., 6.38%, 02/15/29(b)
 
85
87,074
Aon Global Ltd., 4.60%, 06/14/44
 
500
457,675
Ardonagh Finco Ltd.
 
6.88%, 02/15/31(d)
EUR
200
225,691
7.75%, 02/15/31(b)
USD
430
444,501
Ardonagh Group Finance Ltd., 8.88%, 02/15/32(b)
 
385
397,901
AssuredPartners, Inc., 7.50%, 02/15/32(b)
 
237
243,577
Baldwin Insurance Group Holdings LLC/Baldwin
Insurance Group Holdings Finance, 7.13%,
05/15/31(b)
 
42
44,193
Berkshire Hathaway Finance Corp., 4.40%, 05/15/42(f)
 
500
490,526
Howden UK Refinance PLC/Howden UK Refinance
2 PLC/Howden US Refinance LLC(b)
 
7.25%, 02/15/31
 
859
891,354
8.13%, 02/15/32
 
586
602,391
HUB International Ltd.(b)
 
7.25%, 06/15/30
 
1,645
1,713,893
7.38%, 01/31/32(f)
 
2,156
2,226,275
Security
 
Par
(000)
Value
Insurance (continued)
Jones Deslauriers Insurance Management, Inc.(b)
 
8.50%, 03/15/30
USD
288
$ 308,133
10.50%, 12/15/30
 
277
301,232
Liberty Mutual Group, Inc., 6.50%, 05/01/42(b)
 
2,000
2,081,958
Marsh & McLennan Cos., Inc., 5.88%, 08/01/33(f)
 
1,500
1,645,466
Panther Escrow Issuer LLC, 7.13%, 06/01/31(b)
 
1,480
1,552,385
Progressive Corp., 3.00%, 03/15/32
 
750
687,705
Prudential Financial, Inc.
 
5.90%, 03/17/36
 
500
539,041
5.70%, 12/14/36
 
1,625
1,772,024
Ryan Specialty LLC(b)
 
4.38%, 02/01/30
 
96
92,515
5.88%, 08/01/32
 
107
108,783
Teachers Insurance & Annuity Association of America,
4.27%, 05/15/47(b)
 
700
608,363
USI, Inc./New York, 7.50%, 01/15/32(b)(f)
 
295
305,605
 
 
21,152,844
Interactive Media & Services(d) — 0.0%
iliad SA
 
5.38%, 06/14/27
EUR
100
115,519
5.63%, 02/15/30
 
100
117,582
 
 
233,101
Internet Software & Services — 0.3%
Acuris Finance U.S., Inc./Acuris Finance SARL(b)
 
5.00%, 05/01/28
USD
272
249,118
9.00%, 08/01/29
 
200
201,000
Cablevision Lightpath LLC(b)
 
3.88%, 09/15/27
 
220
209,412
5.63%, 09/15/28
 
200
187,836
Match Group Holdings II LLC(b)
 
5.63%, 02/15/29
 
6
6,001
4.13%, 08/01/30
 
20
18,735
3.63%, 10/01/31(f)
 
134
119,998
Uber Technologies, Inc.(i)
 
0.00%, 12/15/25(j)
 
99
109,147
Series 2028, 0.88%, 12/01/28(b)
 
316
395,632
 
 
1,496,879
IT Services — 0.4%
Amentum Escrow Corp., 7.25%, 08/01/32(b)
 
149
155,501
CA Magnum Holdings, 5.38%, 10/31/26(b)
 
258
254,360
Insight Enterprises, Inc., 6.63%, 05/15/32(b)
 
85
88,722
International Business Machines Corp.
 
4.40%, 07/27/32
 
500
499,318
4.75%, 02/06/33(f)
 
550
563,763
2.95%, 05/15/50(f)
 
750
519,668
KBR, Inc., 4.75%, 09/30/28(b)
 
142
135,768
McAfee Corp., 7.38%, 02/15/30(b)(f)
 
410
399,897
 
 
2,616,997
Machinery — 0.6%
Chart Industries, Inc.(b)
 
7.50%, 01/01/30(f)
 
277
291,938
9.50%, 01/01/31
 
61
66,485
Esab Corp., 6.25%, 04/15/29(b)
 
145
148,923
GrafTech Global Enterprises, Inc., 9.88%, 12/15/28(b)
 
82
65,681
Husky Injection Molding Systems Ltd./Titan Co-Borrower
LLC, 9.00%, 02/15/29(b)
 
510
532,191
John Deere Capital Corp., 3.90%, 06/07/32
 
445
434,482
Manitowoc Co., Inc., 9.25%, 10/01/31(b)
 
72
73,800
Terex Corp.(b)
 
5.00%, 05/15/29
 
110
107,366
10/15/32(e)
 
122
122,000
Schedule of Investments
11
Schedule of Investments (unaudited)(continued)
September 30, 2024
BlackRock Core Bond Trust (BHK)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Machinery (continued)
TK Elevator Holdco GmbH
 
6.63%, 07/15/28(d)
EUR
91
$ 100,932
7.63%, 07/15/28(b)
USD
400
402,552
TK Elevator Midco GmbH, 4.38%, 07/15/27(d)
EUR
303
334,471
TK Elevator U.S. Newco, Inc., 5.25%, 07/15/27(b)
USD
741
733,002
Vertiv Group Corp., 4.13%, 11/15/28(b)
 
330
318,943
 
 
3,732,766
Marine Transportation — 0.0%
Danaos Corp., 8.50%, 03/01/28(b)
 
100
102,933
Media — 2.9%
Cable One, Inc.
 
0.00%, 03/15/26(i)(j)
 
62
56,730
1.13%, 03/15/28(i)
 
394
317,024
4.00%, 11/15/30(b)
 
28
22,319
CCO Holdings LLC/CCO Holdings Capital Corp.(b)
 
5.13%, 05/01/27
 
77
75,785
5.38%, 06/01/29
 
21
20,238
6.38%, 09/01/29
 
610
610,723
4.75%, 03/01/30
 
22
20,236
4.25%, 02/01/31
 
157
138,432
7.38%, 03/01/31(f)
 
913
934,797
4.25%, 01/15/34(f)
 
253
207,526
Charter Communications Operating LLC/Charter
Communications Operating Capital
 
5.38%, 05/01/47
 
1,100
923,591
4.80%, 03/01/50
 
1,000
765,571
Comcast Corp.
 
6.45%, 03/15/37
 
790
906,273
3.90%, 03/01/38(f)
 
1,500
1,353,892
4.70%, 10/15/48(f)
 
3,000
2,838,660
CSC Holdings LLC(b)
 
5.38%, 02/01/28
 
400
336,947
11.25%, 05/15/28
 
600
579,190
11.75%, 01/31/29
 
200
193,318
3.38%, 02/15/31
 
200
141,810
Directv Financing LLC/Directv Financing Co-Obligor, Inc.,
5.88%, 08/15/27(b)
 
507
497,789
Discovery Communications LLC, 3.45%, 03/15/25
 
210
208,177
DISH DBS Corp.(b)
 
5.25%, 12/01/26
 
717
662,596
5.75%, 12/01/28
 
176
153,775
DISH Network Corp., 11.75%, 11/15/27(b)
 
547
574,093
GCI LLC, 4.75%, 10/15/28(b)
 
72
69,141
Gray Television, Inc., 10.50%, 07/15/29(b)
 
402
419,874
Midcontinent Communications, 8.00%, 08/15/32(b)
 
197
200,510
Radiate Holdco LLC/Radiate Finance, Inc., 4.50%,
09/15/26(b)
 
189
161,241
Sirius XM Radio, Inc.(b)
 
3.13%, 09/01/26
 
28
27,052
5.00%, 08/01/27
 
441
433,845
Sunrise FinCo I BV, 4.88%, 07/15/31(b)
 
303
286,693
TCI Communications, Inc., 7.88%, 02/15/26
 
610
639,104
Univision Communications, Inc.(b)
 
6.63%, 06/01/27
 
265
265,324
8.00%, 08/15/28
 
454
464,199
7.38%, 06/30/30(f)
 
120
116,136
07/31/31(e)(f)
 
212
212,474
VZ Secured Financing BV, 3.50%, 01/15/32(d)
EUR
100
102,602
Security
 
Par
(000)
Value
Media (continued)
Walt Disney Co.
 
7.63%, 11/30/28
USD
385
$ 435,187
5.40%, 10/01/43(f)
 
500
524,690
Ziggo BV, 4.88%, 01/15/30(b)
 
200
190,044
 
 
17,087,608
Metals & Mining — 0.9%
ABJA Investment Co. Pte. Ltd., 5.45%, 01/24/28(d)
 
200
204,000
Advanced Drainage Systems, Inc.(b)
 
5.00%, 09/30/27
 
78
77,081
6.38%, 06/15/30
 
247
252,304
Arsenal AIC Parent LLC(b)
 
8.00%, 10/01/30
 
161
172,766
11.50%, 10/01/31
 
495
559,458
ATI, Inc.
 
5.88%, 12/01/27
 
97
96,873
7.25%, 08/15/30
 
208
221,486
5.13%, 10/01/31
 
110
106,856
Big River Steel LLC/BRS Finance Corp., 6.63%,
01/31/29(b)
 
302
305,959
Carpenter Technology Corp., 7.63%, 03/15/30
 
151
158,108
Constellium SE(b)
 
3.75%, 04/15/29(f)
 
591
551,911
6.38%, 08/15/32
 
250
256,581
Kaiser Aluminum Corp.(b)
 
4.63%, 03/01/28
 
145
140,236
4.50%, 06/01/31
 
366
334,858
New Gold, Inc., 7.50%, 07/15/27(b)
 
273
278,395
Novelis Corp.(b)
 
3.25%, 11/15/26(f)
 
542
523,015
4.75%, 01/30/30(f)
 
328
317,998
3.88%, 08/15/31
 
200
182,832
Novelis Sheet Ingot GmbH, 3.38%, 04/15/29(d)
EUR
100
106,279
Rio Tinto Finance USA PLC, 4.75%, 03/22/42
USD
400
392,440
Samarco Mineracao SA, (9.00% PIK), 9.00%,
06/30/31(d)(g)
 
46
43,128
Vale Overseas Ltd., 6.40%, 06/28/54
 
35
36,757
Vallourec SACA, 7.50%, 04/15/32(b)
 
200
212,155
Vedanta Resources Finance II PLC, 13.88%, 01/21/27(d)
 
94
94,028
Volcan Cia Minera SAA, 8.75%, 01/24/30(b)
 
17
14,660
 
 
5,640,164
Mortgage Real Estate Investment Trusts (REITs)(b) — 0.1%
Ladder Capital Finance Holdings LLLP/Ladder Capital
Finance Corp.
 
4.25%, 02/01/27
 
42
40,968
4.75%, 06/15/29
 
46
44,927
7.00%, 07/15/31
 
125
132,529
Starwood Property Trust, Inc.
 
7.25%, 04/01/29
 
94
98,565
04/15/30(e)
 
48
48,019
 
 
365,008
Oil, Gas & Consumable Fuels — 7.1%
Aethon United BR LP/Aethon United Finance Corp.(b)
 
8.25%, 02/15/26
 
394
398,655
10/01/29(e)
 
207
209,743
Antero Midstream Partners LP/Antero Midstream
Finance Corp.(b)
 
5.75%, 01/15/28
 
39
39,060
5.38%, 06/15/29
 
140
138,528
12
Schedule of Investments (unaudited)(continued)
September 30, 2024
BlackRock Core Bond Trust (BHK)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Oil, Gas & Consumable Fuels (continued)
Antero Midstream Partners LP/Antero Midstream
Finance Corp.(b) (continued)
 
6.63%, 02/01/32
USD
185
$ 191,472
Ascent Resources Utica Holdings LLC/ARU Finance
Corp.(b)
 
9.00%, 11/01/27
 
115
137,477
8.25%, 12/31/28
 
337
345,248
5.88%, 06/30/29
 
6
5,927
Baytex Energy Corp., 8.50%, 04/30/30(b)
 
66
68,403
Blue Racer Midstream LLC/Blue Racer Finance Corp.(b)
 
7.00%, 07/15/29
 
120
124,750
7.25%, 07/15/32
 
97
101,792
Borr IHC Ltd./Borr Finance LLC, 10.38%, 11/15/30(b)
 
195
205,778
BP Capital Markets America, Inc., 4.81%, 02/13/33
 
620
628,292
Buckeye Partners LP
 
6.88%, 07/01/29(b)
 
52
53,278
5.85%, 11/15/43
 
94
84,043
5.60%, 10/15/44
 
59
50,494
Burlington Resources LLC, 5.95%, 10/15/36
 
685
750,670
Chesapeake Energy Corp., 5.88%, 02/01/29(b)
 
28
28,143
CITGO Petroleum Corp., 8.38%, 01/15/29(b)
 
322
335,058
Civitas Resources, Inc.(b)
 
8.38%, 07/01/28
 
103
107,065
8.63%, 11/01/30
 
168
177,992
8.75%, 07/01/31
 
283
299,566
CNX Midstream Partners LP, 4.75%, 04/15/30(b)
 
66
61,714
Comstock Resources, Inc.(b)
 
6.75%, 03/01/29(f)
 
361
352,445
6.75%, 03/01/29
 
72
70,073
5.88%, 01/15/30
 
447
417,984
ConocoPhillips, 6.50%, 02/01/39
 
600
692,973
CQP Holdco LP/BIP-V Chinook Holdco LLC, 5.50%,
06/15/31(b)
 
500
490,413
Crescent Energy Finance LLC(b)
 
7.63%, 04/01/32(f)
 
230
230,073
7.38%, 01/15/33
 
331
325,778
Devon Energy Corp.
 
5.85%, 12/15/25
 
1,000
1,010,154
4.75%, 05/15/42
 
300
265,591
Diamond Foreign Asset Co./Diamond Finance LLC,
8.50%, 10/01/30(b)
 
140
146,280
DT Midstream, Inc., 4.38%, 06/15/31(b)
 
209
197,840
Ecopetrol SA, 8.88%, 01/13/33
 
175
187,460
eG Global Finance PLC, 12.00%, 11/30/28(b)
 
209
233,257
Enbridge, Inc., (5-year CMT + 4.43%), 8.50%,
01/15/84(a)
 
123
137,575
Encino Acquisition Partners Holdings LLC, 8.75%,
05/01/31(b)
 
121
127,260
Energy Transfer LP
 
5.30%, 04/15/47
 
540
508,846
(5-year CMT + 4.02%), 8.00%, 05/15/54(a)
 
397
427,160
Series H, (5-year CMT + 5.69%), 6.50%(a)(h)
 
4,275
4,264,773
Enterprise Products Operating LLC, 6.13%, 10/15/39
 
1,400
1,547,946
EOG Resources, Inc., 5.10%, 01/15/36
 
200
202,031
EQM Midstream Partners LP(b)
 
4.50%, 01/15/29
 
13
12,718
6.38%, 04/01/29
 
201
207,536
7.50%, 06/01/30
 
57
62,599
Genesis Energy LP/Genesis Energy Finance Corp.
 
7.75%, 02/01/28
 
118
119,480
8.25%, 01/15/29
 
209
216,411
8.88%, 04/15/30
 
163
171,350
7.88%, 05/15/32
 
207
210,756
Security
 
Par
(000)
Value
Oil, Gas & Consumable Fuels (continued)
Gulfport Energy Corp., 6.75%, 09/01/29(b)
USD
99
$ 100,158
Harvest Midstream I LP, 7.50%, 05/15/32(b)
 
115
120,962
Hess Corp., 4.30%, 04/01/27
 
1,100
1,099,738
Hess Midstream Operations LP, 6.50%, 06/01/29(b)
 
138
142,836
Hilcorp Energy I LP/Hilcorp Finance Co.(b)
 
6.25%, 11/01/28
 
70
69,860
5.75%, 02/01/29
 
127
123,551
6.00%, 04/15/30
 
12
11,697
8.38%, 11/01/33
 
274
295,399
6.88%, 05/15/34
 
181
180,328
Howard Midstream Energy Partners LLC(b)
 
8.88%, 07/15/28
 
179
189,848
7.38%, 07/15/32
 
122
126,356
HPCL-Mittal Energy Ltd., 5.45%, 10/22/26(d)
 
200
198,563
Impulsora Pipeline LLC, 6.05%, 01/01/43
 
1,542
1,360,826
ITT Holdings LLC, 6.50%, 08/01/29(b)(f)
 
232
219,786
Kinder Morgan, Inc., 5.05%, 02/15/46
 
1,400
1,293,831
Kinetik Holdings LP(b)
 
6.63%, 12/15/28
 
36
37,363
5.88%, 06/15/30
 
11
11,075
Marathon Petroleum Corp., 6.50%, 03/01/41(f)
 
1,150
1,252,360
Matador Resources Co.(b)
 
6.88%, 04/15/28(f)
 
139
141,376
6.50%, 04/15/32
 
159
158,773
Medco Oak Tree Pte. Ltd., 7.38%, 05/14/26(d)
 
288
292,050
Moss Creek Resources Holdings, Inc., 8.25%,
09/01/31(b)
 
94
92,819
MPLX LP
 
4.25%, 12/01/27
 
250
249,071
4.80%, 02/15/29
 
500
507,783
Murphy Oil Corp., 5.88%, 12/01/42
 
18
16,374
Nabors Industries Ltd., 7.50%, 01/15/28(b)(f)
 
177
165,840
Nabors Industries, Inc.(b)
 
7.38%, 05/15/27
 
75
75,167
9.13%, 01/31/30
 
99
102,099
8.88%, 08/15/31
 
31
29,490
NGL Energy Operating LLC/NGL Energy Finance
Corp.(b)
 
8.13%, 02/15/29(f)
 
325
333,238
8.38%, 02/15/32
 
658
678,105
Noble Finance II LLC, 8.00%, 04/15/30(b)
 
362
373,509
Northern Oil & Gas, Inc.
 
8.13%, 03/01/28(b)
 
513
516,721
3.63%, 04/15/29(i)
 
96
109,584
8.75%, 06/15/31(b)
 
212
220,907
Northriver Midstream Finance LP, 6.75%, 07/15/32(b)
 
93
95,987
Parkland Corp., 6.63%, 08/15/32(b)
 
131
132,989
PBF Holding Co. LLC/PBF Finance Corp., 7.88%,
09/15/30(b)
 
158
162,757
Permian Resources Operating LLC(b)
 
8.00%, 04/15/27
 
189
194,596
5.88%, 07/01/29
 
170
169,841
9.88%, 07/15/31
 
209
233,242
7.00%, 01/15/32(f)
 
208
216,389
6.25%, 02/01/33
 
261
265,211
Petroleos Mexicanos
 
4.25%, 01/15/25
 
55
54,606
6.50%, 03/13/27(f)
 
142
139,089
8.75%, 06/02/29
 
204
207,020
5.95%, 01/28/31(f)
 
245
211,410
6.70%, 02/16/32
 
117
104,616
10.00%, 02/07/33
 
47
49,721
6.38%, 01/23/45
 
48
33,518
Schedule of Investments
13
Schedule of Investments (unaudited)(continued)
September 30, 2024
BlackRock Core Bond Trust (BHK)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Oil, Gas & Consumable Fuels (continued)
Prairie Acquiror LP, 9.00%, 08/01/29(b)
USD
113
$ 116,670
Precision Drilling Corp., 6.88%, 01/15/29(b)
 
9
8,981
Rockies Express Pipeline LLC, 4.95%, 07/15/29(b)
 
36
34,430
Sabine Pass Liquefaction LLC, 5.88%, 06/30/26
 
1,750
1,778,588
Sitio Royalties Operating Partnership LP/Sitio Finance
Corp., 7.88%, 11/01/28(b)
 
247
258,388
SM Energy Co.
 
6.50%, 07/15/28
 
28
27,969
7.00%, 08/01/32(b)
 
71
71,274
Summit Midstream Holdings LLC, 8.63%, 10/31/29(b)
 
75
78,448
Suncor Energy, Inc., 6.50%, 06/15/38
 
1,000
1,120,564
Tallgrass Energy Partners LP/Tallgrass Energy Finance
Corp.(b)
 
5.50%, 01/15/28
 
95
91,977
7.38%, 02/15/29
 
299
302,372
6.00%, 12/31/30
 
2
1,900
6.00%, 09/01/31
 
88
83,342
Talos Production, Inc.(b)
 
9.00%, 02/01/29
 
108
111,203
9.38%, 02/01/31
 
98
100,755
TGNR Intermediate Holdings LLC, 5.50%, 10/15/29(b)
 
111
105,463
TransCanada PipeLines Ltd., 4.63%, 03/01/34
 
500
493,338
Transocean Aquila Ltd., 8.00%, 09/30/28(b)
 
74
76,133
Transocean Titan Financing Ltd., 8.38%, 02/01/28(b)
 
109
112,271
Transocean, Inc.(b)
 
8.00%, 02/01/27
 
224
223,864
8.25%, 05/15/29
 
345
342,008
8.75%, 02/15/30(f)
 
377
392,603
8.50%, 05/15/31
 
377
374,606
Valaris Ltd., 8.38%, 04/30/30(b)
 
528
543,842
Venture Global Calcasieu Pass LLC(b)
 
3.88%, 08/15/29
 
182
171,996
4.13%, 08/15/31
 
3
2,789
3.88%, 11/01/33
 
409
366,817
Venture Global LNG, Inc.(b)
 
9.50%, 02/01/29(f)
 
1,429
1,609,775
7.00%, 01/15/30
 
97
99,097
8.38%, 06/01/31(f)
 
892
941,886
9.88%, 02/01/32
 
975
1,083,412
Vermilion Energy, Inc., 6.88%, 05/01/30(b)
 
108
107,955
Vital Energy, Inc.
 
9.75%, 10/15/30(f)
 
209
223,323
7.88%, 04/15/32(b)
 
321
310,956
Wildfire Intermediate Holdings LLC, 7.50%, 10/15/29(b)
 
106
104,310
 
 
42,421,650
Paper & Forest Products — 0.2%
International Paper Co., 6.00%, 11/15/41
 
870
947,685
Passenger Airlines — 0.8%
Air Canada, 3.88%, 08/15/26(b)
 
125
121,723
American Airlines Pass-Through Trust
 
Series 2015-2, Class A, 4.00%, 03/22/29
 
896
854,890
Series 2015-2, Class AA, 3.60%, 03/22/29
 
896
866,950
American Airlines, Inc., 8.50%, 05/15/29(b)(f)
 
282
299,206
Finnair OYJ, 4.75%, 05/24/29(d)
EUR
100
111,674
United Airlines Pass-Through Trust, Series 2023-1,
Class A, 4.30%, 02/15/27
USD
2,014
1,992,584
United Airlines, Inc.(b)
 
4.38%, 04/15/26
 
113
111,186
4.63%, 04/15/29(f)
 
252
243,447
 
 
4,601,660
Security
 
Par
(000)
Value
Personal Care Products — 0.0%
Coty, Inc./HFC Prestige Products, Inc./HFC Prestige
International U.S. LLC, 6.63%, 07/15/30(b)
USD
59
$ 61,303
Perrigo Finance Unlimited Co., 6.13%, 09/30/32
 
172
173,328
 
 
234,631
Pharmaceuticals — 2.0%
1375209 BC Ltd., 9.00%, 01/30/28(b)
 
189
187,321
AbbVie, Inc.
 
3.20%, 05/14/26
 
500
493,539
5.05%, 03/15/34(f)
 
530
553,595
4.55%, 03/15/35(f)
 
2,140
2,140,531
4.45%, 05/14/46
 
2,095
1,956,367
Bausch Health Cos., Inc.(b)
 
6.13%, 02/01/27
 
176
158,958
5.75%, 08/15/27
 
23
19,542
11.00%, 09/30/28
 
182
169,715
Becton Dickinson & Co.
 
4.30%, 08/22/32
 
750
736,619
4.69%, 12/15/44(f)
 
600
560,758
Bristol-Myers Squibb Co.
 
3.55%, 03/15/42
 
350
293,223
4.35%, 11/15/47
 
300
268,573
Cheplapharm Arzneimittel GmbH, 3.50%, 02/11/27(d)
EUR
100
109,578
CVS Health Corp.
 
5.13%, 07/20/45
USD
700
652,186
5.05%, 03/25/48
 
1,821
1,662,081
Endo Finance Holdings, Inc., 8.50%, 04/15/31(b)(f)
 
164
175,731
Grifols SA, 2.25%, 11/15/27(d)
EUR
100
106,782
Jazz Securities DAC, 4.38%, 01/15/29(b)
USD
200
193,423
Nidda Healthcare Holding GmbH, 7.00%, 02/21/30(d)
EUR
100
116,046
Option Care Health, Inc., 4.38%, 10/31/29(b)
USD
76
72,209
Organon & Co./Organon Foreign Debt Co-Issuer BV,
7.88%, 05/15/34(b)
 
200
211,890
Rossini SARL, (3-mo. EURIBOR + 3.88%), 7.22%,
12/31/29(a)(d)
EUR
100
112,264
Takeda Pharmaceutical Co. Ltd., 2.05%, 03/31/30
USD
500
444,854
Teva Pharmaceutical Finance Netherlands II BV, 7.38%,
09/15/29
EUR
100
124,951
Teva Pharmaceutical Finance Netherlands III BV
 
3.15%, 10/01/26
USD
299
286,759
4.75%, 05/09/27
 
200
196,875
7.88%, 09/15/29
 
200
220,750
 
 
12,225,120
Real Estate Management & Development — 0.3%
Adler Financing SARL(g)
 
Series 1.5L, (14.00% PIK), 14.00%, 12/31/29
EUR
13
15,028
Series 1L, (12.50% PIK), 12.50%, 12/31/28
 
21
24,334
Anywhere Real Estate Group LLC/Anywhere Co-Issuer
Corp.
 
7.00%, 04/15/30(b)
USD
150
139,070
Series AI, 7.00%, 04/15/30
 
157
146,403
CoreLogic, Inc., 4.50%, 05/01/28(b)
 
607
572,885
Cushman & Wakefield U.S. Borrower LLC, 8.88%,
09/01/31(b)
 
203
221,632
Fantasia Holdings Group Co. Ltd.(d)(k)(l)
 
11.75%, 04/17/22
 
200
3,000
10.88%, 01/09/23
 
307
4,605
11.88%, 06/01/23
 
400
5,500
9.25%, 07/28/23
 
300
4,500
i-595 Express LLC, 3.31%, 12/31/31
 
641
610,067
 
 
1,747,024
14
Schedule of Investments (unaudited)(continued)
September 30, 2024
BlackRock Core Bond Trust (BHK)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Retail REITs — 0.3%
Simon Property Group LP, 4.75%, 03/15/42
USD
1,670
$ 1,574,277
Semiconductors & Semiconductor Equipment — 1.2%
Broadcom, Inc.
 
4.75%, 04/15/29
 
2,500
2,539,547
4.15%, 04/15/32(b)
 
1,500
1,455,293
Entegris, Inc., 4.75%, 04/15/29(b)
 
338
333,082
Foundry JV Holdco LLC, 6.40%, 01/25/38(b)
 
200
210,599
Intel Corp.
 
5.13%, 02/10/30
 
750
766,292
2.00%, 08/12/31(f)
 
1,000
835,343
KLA Corp., 3.30%, 03/01/50
 
500
378,228
QUALCOMM, Inc.
 
4.25%, 05/20/32
 
445
444,751
4.65%, 05/20/35(f)
 
250
255,018
 
 
7,218,153
Software — 2.9%
AthenaHealth Group, Inc., 6.50%, 02/15/30(b)
 
1,393
1,338,095
Camelot Finance SA, 4.50%, 11/01/26(b)
 
163
160,629
Capstone Borrower, Inc., 8.00%, 06/15/30(b)
 
304
322,106
Central Parent LLC/CDK Global II LLC/CDK Financing
Co., Inc., 8.00%, 06/15/29(b)
 
302
314,106
Central Parent, Inc./CDK Global, Inc., 7.25%,
06/15/29(b)
 
217
221,906
Clarivate Science Holdings Corp.(b)(f)
 
3.88%, 07/01/28
 
743
713,037
4.88%, 07/01/29
 
392
377,041
Cloud Software Group, Inc.(b)
 
6.50%, 03/31/29(f)
 
1,789
1,779,995
9.00%, 09/30/29(f)
 
1,442
1,467,394
8.25%, 06/30/32
 
1,034
1,080,839
Dun & Bradstreet Corp., 5.00%, 12/15/29(b)(f)
 
338
336,567
Elastic NV, 4.13%, 07/15/29(b)
 
129
120,520
Fair Isaac Corp., 4.00%, 06/15/28(b)
 
45
43,541
Fidelity National Information Services, Inc., 4.50%,
08/15/46
 
1,000
881,500
Fiserv, Inc., 4.40%, 07/01/49(f)
 
500
441,984
Microsoft Corp., 2.92%, 03/17/52(f)
 
1,600
1,174,704
Oracle Corp.
 
5.38%, 07/15/40(f)
 
3,025
3,085,531
4.00%, 11/15/47
 
400
328,418
3.95%, 03/25/51
 
600
482,882
SS&C Technologies, Inc.(b)
 
5.50%, 09/30/27
 
160
159,931
6.50%, 06/01/32
 
373
385,609
Twilio, Inc.
 
3.63%, 03/15/29
 
117
108,861
3.88%, 03/15/31
 
117
108,088
UKG, Inc., 6.88%, 02/01/31(b)
 
1,451
1,499,320
Veritas U.S., Inc./Veritas Bermuda Ltd., 7.50%,
09/01/25(b)
 
189
177,308
ZoomInfo Technologies LLC/ZoomInfo Finance Corp.,
3.88%, 02/01/29(b)
 
147
135,883
 
 
17,245,795
Specialty Retail — 0.1%
Afflelou SAS, 6.00%, 07/25/29(d)
EUR
100
114,415
Security
 
Par
(000)
Value
Specialty Retail (continued)
NMG Holding Co., Inc./Neiman Marcus Group LLC,
8.50%, 10/01/28(b)
USD
44
$ 44,784
PetSmart, Inc./PetSmart Finance Corp., 7.75%,
02/15/29(b)
 
250
246,791
Staples, Inc., 10.75%, 09/01/29(b)
 
122
118,377
 
 
524,367
Technology Hardware, Storage & Peripherals — 0.3%
Apple, Inc., 3.75%, 11/13/47(f)
 
1,000
863,138
NCR Atleos Corp., 9.50%, 04/01/29(b)
 
158
173,937
Seagate HDD Cayman
 
8.25%, 12/15/29(f)
 
174
188,887
8.50%, 07/15/31
 
319
348,122
 
 
1,574,084
Textiles, Apparel & Luxury Goods(b) — 0.0%
Hanesbrands, Inc.
 
4.88%, 05/15/26
 
117
115,974
9.00%, 02/15/31
 
8
8,635
Levi Strauss & Co., 3.50%, 03/01/31
 
11
9,970
S&S Holdings LLC, 10/01/31(e)
 
44
44,302
 
 
178,881
Tobacco — 0.9%
Altria Group, Inc.(f)
 
2.45%, 02/04/32
 
200
170,694
5.38%, 01/31/44
 
2,000
2,019,351
Reynolds American, Inc.
 
4.45%, 06/12/25(f)
 
394
392,810
7.00%, 08/04/41
 
1,000
1,118,514
5.85%, 08/15/45
 
1,500
1,500,697
 
 
5,202,066
Trading Companies & Distributors(b) — 0.1%
BCPE Empire Holdings, Inc., 7.63%, 05/01/27
 
249
249,803
Dealer Tire LLC/DT Issuer LLC, 8.00%, 02/01/28
 
111
110,503
Gates Corp., 6.88%, 07/01/29
 
161
166,772
Resideo Funding, Inc.
 
4.00%, 09/01/29
 
42
39,562
6.50%, 07/15/32(f)
 
218
223,780
 
 
790,420
Transportation Infrastructure — 0.2%
FedEx Corp., 4.75%, 11/15/45(f)
 
1,250
1,148,771
GMR Hyderabad International Airport Ltd., 4.25%,
10/27/27(d)
 
200
191,813
GN Bondco LLC, 9.50%, 10/15/31(b)(f)
 
129
135,784
 
 
1,476,368
Water Utilities — 0.2%
American Water Capital Corp., 4.45%, 06/01/32
 
1,350
1,356,580
Total Corporate Bonds — 67.1%
(Cost: $398,622,952)
400,697,866
Fixed Rate Loan Interests
Advertising Agencies — 0.1%
Clear Channel International BV, 2024 CCIBV Fixed Term
Loan, 7.50%, 04/01/27
 
636
631,230
Schedule of Investments
15
Schedule of Investments (unaudited)(continued)
September 30, 2024
BlackRock Core Bond Trust (BHK)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Software — 0.3%
Cotiviti, Inc., 2024 Fixed Term Loan B, 7.63%, 05/01/31
USD
1,666
$    1,672,247
Total Fixed Rate Loan Interests — 0.4%
(Cost: $2,296,180)
2,303,477
Floating Rate Loan Interests(a)
Advertising Agencies — 0.1%
Clear Channel Outdoor Holdings, Inc., 2024 Term Loan,
(1-mo. CME Term SOFR at 0.00% Floor + 4.11%),
8.96%, 08/23/28
 
293
292,063
Neptune Bidco U.S., Inc., 2022 USD Term Loan B, (3-
mo. CME Term SOFR + 5.10%), 10.40%, 04/11/29
 
153
143,145
 
 
435,208
Aerospace & Defense — 0.1%
Amazon Holdco, Inc., 2024 Term Loan B, 09/29/31(e)(m)
 
207
206,224
Bleriot U.S. Bidco, Inc., 2023 Term Loan B, (3-mo. CME
Term SOFR at 0.00% Floor + 3.25%), 7.85%,
10/31/30
 
62
61,858
Dynasty Acquisition Co., Inc., 2024 Term Loan B1,
08/24/28(m)
 
6
6,301
Ovation Parent, Inc., 2024 Term Loan, (3-mo. CME Term
SOFR at 0.75% Floor + 3.50%), 8.10%, 04/21/31
 
40
40,393
Standard Aero Ltd., 2024 Term Loan B2, 08/24/28(m)
 
3
2,429
 
 
317,205
Broadline Retail — 0.0%
CNT Holdings I Corp., 2020 Term Loan, (3-mo. CME
Term SOFR + 3.50%), 8.75%, 11/08/27
 
60
60,017
Building Materials — 0.1%
Chariot Buyer LLC, 2024 Incremental Term Loan B, (1-
mo. CME Term SOFR + 3.50%), 8.35%, 11/03/28
 
98
98,224
Cornerstone Building Brands, Inc., 2024 Term Loan B,
(1-mo. CME Term SOFR at 0.50% Floor + 4.50%),
9.60%, 05/15/31
 
42
41,462
EMRLD Borrower LP, 2024 Term Loan B, (3-mo. CME
Term SOFR at 0.00% Floor + 2.50%), 7.56%,
08/04/31
 
58
57,623
Hobbs & Associates LLC
 
Delayed Draw Term Loan, 07/23/31(m)
 
5
5,351
Term Loan B, (1-mo. CME Term SOFR at 0.00% Floor
+ 3.25%), 8.10%, 07/23/31
 
54
53,509
Wilsonart LLC, 2024 Term Loan B, (3-mo. CME Term
SOFR at 0.00% Floor + 4.25%), 8.85%, 08/05/31
 
167
165,051
 
 
421,220
Building Products — 0.1%
Foundation Building Materials, Inc., 2024 Term Loan B2,
(1-mo. CME Term SOFR at 0.00% Floor + 4.00%),
9.25%, 01/29/31
 
243
236,506
Gulfside Supply, Inc., Term Loan B, (3-mo. CME Term
SOFR at 0.00% Floor + 3.00%), 8.29%, 06/17/31
 
31
30,732
White Cap Buyer LLC, 2024 Term Loan B, (1-mo. CME
Term SOFR at 0.00% Floor + 3.25%), 8.10%,
10/19/29
 
212
210,686
 
 
477,924
Security
 
Par
(000)
Value
Capital Markets — 0.1%
Deerfield Dakota Holding LLC, 2021 USD 2nd Lien Term
Loan, (3-mo. CME Term SOFR + 7.01%), 11.62%,
04/07/28
USD
124
$ 120,926
Grant Thornton LLP/Chicago, Term Loan B, (1-mo. CME
Term SOFR at 0.00% Floor + 3.25%), 8.10%,
06/02/31
 
108
108,426
Wec U.S. Holdings Ltd., 2024 Term Loan, (1-mo. CME
Term SOFR at 0.00% Floor + 2.75%), 7.60%,
01/27/31
 
30
29,449
 
 
258,801
Chemicals — 0.2%
Aruba Investments Holdings LLC, 2020 2nd Lien Term
Loan, (1-mo. CME Term SOFR + 7.85%), 12.70%,
11/24/28
 
64
60,939
Chemours Co., 2023 USD Term Loan B, (1-mo. CME
Term SOFR + 3.50%), 8.35%, 08/18/28
 
98
97,449
Discovery Purchaser Corp., Term Loan, (3-mo. CME
Term SOFR at 0.50% Floor + 4.38%), 9.69%,
10/04/29
 
411
408,368
Herens U.S. Holdco Corp., USD Term Loan B, (3-mo.
CME Term SOFR at 0.75% Floor + 4.03%), 8.53%,
07/03/28
 
91
85,237
Momentive Performance Materials, Inc., 2023 Term
Loan, (1-mo. CME Term SOFR + 4.50%), 9.35%,
03/29/28
 
179
179,879
 
 
831,872
Commercial Services & Supplies — 0.3%
Allied Universal Holdco LLC, 2021 USD Incremental
Term Loan B, (1-mo. CME Term SOFR at 0.50% Floor
+ 3.85%), 8.70%, 05/12/28
 
181
179,530
AVSC Holding Corp., 2018 2nd Lien Term Loan, (1-mo.
CME Term SOFR at 1.00% Floor + 7.25%), 12.21%,
09/01/25
 
156
154,853
Champions Financing, Inc., 2024 Term Loan B, (3-mo.
CME Term SOFR at 0.00% Floor + 4.75%), 9.85%,
02/23/29
 
211
202,560
Ensemble RCM LLC, 2024 Term Loan B, (3-mo. CME
Term SOFR at 0.00% Floor + 3.00%), 8.25%,
08/01/29
 
72
72,062
Fortress Transportation and Infrastructure Investors LLC,
Term Loan B, (1-mo. CME Term SOFR at 0.00% Floor
+ 3.75%), 8.60%, 06/27/31
 
348
347,130
Galaxy U.S. Opco, Inc., Term Loan, (3-mo. CME Term
SOFR + 4.75%), 10.00%, 04/29/29
 
137
114,691
Neon Maple U.S. Debt Mergersub, Inc., 2024 Term Loan
B1, 07/18/31(m)
 
188
185,885
PG Investment Co. 59 SARL, Term Loan B, (3-mo. CME
Term SOFR at 0.00% Floor + 3.50%), 8.10%,
03/26/31
 
90
90,005
Vortex Opco LLC, Second Out Term Loan, (3-mo. CME
Term SOFR at 0.50% Floor + 4.36%), 9.12%,
12/17/28
 
79
55,946
Wand NewCo 3, Inc., 2024 1st Lien Term Loan B, (1-mo.
CME Term SOFR at 0.00% Floor + 3.25%), 8.01%,
01/30/31
 
460
458,845
 
 
1,861,507
16
Schedule of Investments (unaudited)(continued)
September 30, 2024
BlackRock Core Bond Trust (BHK)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Construction & Engineering — 0.1%
Apple Bidco LLC, 2022 Incremental Term Loan, (1-mo.
CME Term SOFR at 0.50% Floor + 3.50%), 8.35%,
09/22/28
USD
11
$ 10,863
Brand Industrial Services, Inc., 2024 Term Loan B, (3-
mo. CME Term SOFR at 0.50% Floor + 4.50%),
9.75%, 08/01/30
 
606
588,405
Brown Group Holding LLC, 2022 Incremental Term Loan
B2, (3-mo. CME Term SOFR at 0.50% Floor + 2.75%),
7.84%, 07/01/31
 
41
40,784
Chromalloy Corp., 2024 Term Loan B, (3-mo. CME Term
SOFR at 0.00% Floor + 3.75%), 9.08%, 03/27/31
 
171
162,746
 
 
802,798
Consumer Finance — 0.0%
CPI Holdco B LLC, Term Loan, (1-mo. CME Term SOFR
+ 2.00%), 6.85%, 05/19/31
 
99
98,820
Containers & Packaging — 0.0%
Mauser Packaging Solutions Holding Co., 2024 Term
Loan B, (1-mo. CME Term SOFR + 3.50%), 8.70%,
04/15/27
 
46
46,036
Trident TPI Holdings, Inc., 2024 Term Loan B6, (3-mo.
CME Term SOFR at 0.50% Floor + 4.00%), 8.60%,
09/15/28
 
51
51,036
 
 
97,072
Diversified Telecommunication Services — 0.2%
Altice France SA, 2023 USD Term Loan B14, (3-mo.
CME Term SOFR at 0.00% Floor + 5.50%), 10.80%,
08/15/28
 
92
68,950
Delta Topco, Inc.
 
2024 2nd Lien Term Loan, (6-mo. CME Term SOFR at
0.00% Floor + 5.25%), 9.95%, 11/29/30
 
32
32,133
2024 Term Loan, (6-mo. CME Term SOFR at 0.00%
Floor + 3.50%), 8.20%, 11/30/29
 
141
140,219
Digicel International Finance Ltd., 2024 Term Loan, (3-
mo. CME Term SOFR + 6.75%), 12.00%, 05/25/27
 
388
383,252
Frontier Communications Holdings LLC, 2024 Term Loan
B, (3-mo. CME Term SOFR at 0.00% Floor + 3.50%),
8.76%, 07/01/31
 
41
41,205
Level 3 Financing Inc.
 
2024 Extended Term Loan B1, (1-mo. CME Term
SOFR at 2.00% Floor + 6.56%), 11.41%, 04/15/29
 
38
38,609
2024 Extended Term Loan B2, (1-mo. CME Term
SOFR at 2.00% Floor + 6.56%), 11.41%, 04/15/30
 
38
38,759
Lumen Technologies, Inc., 2024 Term Loan A, (1-mo.
CME Term SOFR + 6.00%), 10.85%, 06/01/28
 
45
42,948
Windstream Services LLC, 2020 Exit Term Loan B, (1-
mo. CME Term SOFR + 6.25%), 11.20%, 09/21/27
 
69
68,521
Windstream Services, LLC, 2024 Term Loan B,
09/25/31(c)(m)
 
65
65,000
Zayo Group Holdings, Inc., USD Term Loan, (1-mo. CME
Term SOFR at 0.00% Floor + 3.11%), 7.97%,
03/09/27
 
513
467,715
 
 
1,387,311
Electronic Equipment, Instruments & Components — 0.0%
Roper Industrial Products Investment Co., 2024 USD
Term Loan B, (3-mo. CME Term SOFR at 0.50% Floor
+ 3.25%), 7.85%, 11/22/29
 
66
66,032
Security
 
Par
(000)
Value
Energy Equipment & Services — 0.0%
Star Holding LLC, 2024 1st Lien Term Loan B, (1-mo.
CME Term SOFR at 0.00% Floor + 4.50%), 9.35%,
07/31/31
USD
194
$ 189,199
Entertainment — 0.0%
Bally’s Corp., 2021 Term Loan B, (3-mo. CME Term
SOFR at 0.50% Floor + 3.51%), 8.79%, 10/02/28
 
59
55,980
Entain PLC, 2024 USD Term Loan B3, (6-mo. CME Term
SOFR at 0.50% Floor + 2.75%), 8.01%, 10/31/29
 
73
72,685
Motion Finco SARL, 2024 USD Term Loan B, (3-mo.
CME Term SOFR at 0.00% Floor + 3.50%), 8.10%,
11/12/29
 
56
54,206
OVG Business Services LLC, 2024 Term Loan B, (1-mo.
CME Term SOFR + 3.00%), 7.85%, 06/25/31
 
50
49,687
 
 
232,558
Environmental, Maintenance & Security Service — 0.0%
GFL Enviromental, Inc., 2024 Term Loan B, (3-mo. CME
Term SOFR at 0.50% Floor + 2.00%), 7.32%,
07/03/31
 
37
36,918
Financial Services — 0.0%
Clue Opco LLC, Term Loan B, (3-mo. CME Term SOFR
+ 4.50%), 9.75%, 12/19/30
 
121
119,739
Food Products — 0.0%
Chobani LLC, 2023 Incremental Term Loan, (1-mo. CME
Term SOFR at 0.00% Floor + 3.75%), 8.60%,
10/25/27
 
106
106,149
Ground Transportation — 0.0%
Genesee & Wyoming, Inc., 2024 Term Loan B, (3-mo.
CME Term SOFR at 0.00% Floor + 2.00%), 6.60%,
04/10/31
 
121
120,838
Health Care Equipment & Supplies — 0.1%
Bausch & Lomb Corp.
 
2023 Incremental Term Loan, (1-mo. CME Term
SOFR at 0.00% Floor + 4.00%), 8.85%, 09/29/28
 
128
127,471
Term Loan, (1-mo. CME Term SOFR at 0.50% Floor +
3.35%), 8.27%, 05/10/27
 
315
313,834
Medline Borrower LP, 2024 USD Add-on Term Loan B,
(1-mo. CME Term SOFR at 0.50% Floor + 2.25%),
7.10%, 10/23/28
 
238
238,014
Sotera Health Holdings LLC, 2024 Term Loan B, (1-mo.
CME Term SOFR at 0.00% Floor + 3.25%), 8.10%,
05/30/31
 
103
102,614
 
 
781,933
Health Care Providers & Services — 0.1%
LifePoint Health, Inc.
 
2024 1st Lien Term Loan B, 05/16/31(m)
 
108
107,340
2024 Incremental Term Loan B, (1-mo. CME Term
SOFR + 4.00%), 8.96%, 05/17/31
 
83
83,176
2024 Term Loan B, (3-mo. CME Term SOFR at 0.00%
Floor + 4.75%), 10.05%, 11/16/28
 
67
67,181
Phoenix Newco, Inc., 2024 Term Loan B, (1-mo. CME
Term SOFR at 0.50% Floor + 3.00%), 7.85%,
11/15/28
 
27
27,317
Quorum Health Corp., 2020 Term Loan, (3-mo. CME
Term SOFR at 1.00% Floor + 8.35%), 13.57%,
04/29/25
 
119
88,210
Schedule of Investments
17
Schedule of Investments (unaudited)(continued)
September 30, 2024
BlackRock Core Bond Trust (BHK)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Health Care Providers & Services (continued)
Star Parent, Inc., Term Loan B, (3-mo. CME Term SOFR
at 0.00% Floor + 3.75%), 8.35%, 09/27/30
USD
280
$ 271,977
Surgery Center Holdings, Inc., 2024 Term Loan B, (1-mo.
CME Term SOFR at 0.00% Floor + 2.75%), 7.67%,
12/19/30
 
27
26,657
 
 
671,858
Hotels, Restaurants & Leisure — 0.1%
1011778 B.C. Unlimited Liability Co., 2024 Term Loan
B6, (1-mo. CME Term SOFR at 0.00% Floor + 1.75%),
6.60%, 09/20/30
 
120
118,375
City Football Group Ltd., 2024 Term Loan, (1-mo. CME
Term SOFR at 0.50% Floor + 3.11%), 7.97%,
07/22/30
 
99
98,787
Sabre GLBL, Inc.
 
2021 Term Loan B1, (1-mo. CME Term SOFR at
0.50% Floor + 3.61%), 8.46%, 12/17/27
 
46
42,629
2021 Term Loan B2, (1-mo. CME Term SOFR at
0.50% Floor + 3.61%), 8.46%, 12/17/27
 
72
67,370
 
 
327,161
Household Durables — 0.1%
Hunter Douglas, Inc., USD Term Loan B1, (3-mo. CME
Term SOFR at 0.50% Floor + 3.50%), 8.57%,
02/26/29
 
144
142,256
SWF Holdings I Corp., 2021 Term Loan B, (1-mo. CME
Term SOFR at 0.75% Floor + 4.11%), 8.96%,
10/06/28
 
278
228,321
 
 
370,577
Insurance — 0.2%
Alliant Holdings Intermediate, LLC, 2024 Term Loan B6,
09/19/31(m)
 
132
131,216
AssuredPartners, Inc., 2024 Incremental Term Loan B5,
(1-mo. CME Term SOFR at 0.50% Floor + 3.50%),
8.35%, 02/14/31
 
150
149,803
Sedgwick Claims Management Services, Inc., 2023 Term
Loan B, (3-mo. CME Term SOFR at 0.00% Floor +
3.00%), 8.25%, 07/31/31
 
36
36,172
Truist Insurance Holdings LLC
 
1st Lien Term Loan, (3-mo. CME Term SOFR at
0.00% Floor + 3.25%), 7.85%, 05/06/31
 
296
295,260
2nd Lien Term Loan, (3-mo. CME Term SOFR at
0.00% Floor + 4.75%), 9.35%, 05/06/32
 
779
790,571
 
 
1,403,022
Interactive Media & Services — 0.1%
MH Sub I LLC
 
2021 2nd Lien Term Loan, (3-mo. CME Term SOFR +
6.25%), 11.50%, 02/23/29
 
35
34,306
2023 Term Loan, (1-mo. CME Term SOFR at 0.50%
Floor + 4.25%), 9.10%, 05/03/28
 
360
357,762
 
 
392,068
Internet Software & Services — 0.1%
Proofpoint, Inc., 2024 Term Loan, (1-mo. CME Term
SOFR at 0.50% Floor + 3.00%), 7.85%, 08/31/28
 
25
24,995
StubHub Holdco Sub LLC, 2024 Extended Term Loan B,
(1-mo. CME Term SOFR + 4.75%), 9.60%, 03/15/30
 
380
378,391
 
 
403,386
Security
 
Par
(000)
Value
IT Services — 0.1%
McAfee Corp., 2024 USD Term Loan B, (1-mo. CME
Term SOFR + 3.25%), 8.45%, 03/01/29
USD
91
$ 90,251
Peraton Corp.
 
2nd Lien Term Loan B1, (3-mo. CME Term SOFR +
7.85%), 12.97%, 02/01/29
 
303
283,700
Term Loan B, (1-mo. CME Term SOFR at 0.75% Floor
+ 3.85%), 8.70%, 02/01/28
 
117
112,605
 
 
486,556
Machinery — 0.2%
Alliance Laundry Systems LLC, 2024 Term Loan B, (1-
mo. CME Term SOFR at 0.00% Floor + 3.50%),
8.35%, 08/19/31
 
24
24,017
Madison Safety & Flow LLC, 2024 Term Loan B,
09/19/31(m)
 
61
60,924
SPX Flow, Inc., 2024 Term Loan B, (1-mo. CME Term
SOFR at 0.50% Floor + 3.50%), 8.35%, 04/05/29
 
157
156,779
STS Operating, Inc., 2024 Term Loan B, (1-mo. CME
Term SOFR at 0.00% Floor + 4.10%), 8.95%,
03/25/31
 
80
79,003
Titan Acquisition Ltd./Canada, 2024 Term Loan B, (6-mo.
CME Term SOFR at 0.00% Floor + 5.00%), 10.33%,
02/15/29
 
574
570,529
TK Elevator U.S. Newco, Inc., USD Term Loan B, (6-mo.
CME Term SOFR at 0.50% Floor + 3.50%), 8.59%,
04/30/30
 
484
485,409
 
 
1,376,661
Media — 0.1%
CSC Holdings LLC
 
2019 Term Loan B5, (6-mo. LIBOR US at 0.00% Floor
+ 2.50%), 7.17%, 04/15/27
 
213
194,311
2022 Term Loan B6, (1-mo. CME Term SOFR at
0.00% Floor + 4.50%), 9.60%, 01/18/28
 
200
193,545
Gray Television, Inc., 2024 Term Loan B, (1-mo. CME
Term SOFR + 5.25%), 10.45%, 06/04/29
 
76
72,665
Radiate Holdco LLC, 2021 Term Loan B, (1-mo. CME
Term SOFR at 0.75% Floor + 3.36%), 8.21%,
09/25/26
 
159
136,227
Univision Communications, Inc., 2024 Term Loan B,
(1-mo. CME Term SOFR at 0.50% Floor + 3.61%),
8.46%, 01/31/29
 
40
39,054
 
 
635,802
Oil, Gas & Consumable Fuels — 0.1%
Ecopetrol SA, 2023 Term Loan, (6-mo. CME Term SOFR
at 0.00% Floor + 4.75%), 9.37%, 09/06/30(c)
 
150
154,305
Freeport LNG Investments LLLP, Term Loan B, (3-mo.
CME Term SOFR + 3.50%), 9.04%, 12/21/28
 
21
21,011
M6 ETX Holdings II Midco LLC, Term Loan B, (1-mo.
CME Term SOFR at 0.50% Floor + 4.60%), 9.45%,
09/19/29
 
77
76,638
NGL Energy Operating LLC, 2024 Term Loan B, (1-mo.
CME Term SOFR + 3.75%), 8.60%, 02/03/31
 
72
71,983
 
 
323,937
Passenger Airlines — 0.0%
AAdvantage Loyalty IP Ltd., 2021 Term Loan, (3-mo.
CME Term SOFR at 0.75% Floor + 5.01%), 10.29%,
04/20/28
 
146
149,865
18
Schedule of Investments (unaudited)(continued)
September 30, 2024
BlackRock Core Bond Trust (BHK)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Personal Care Products — 0.0%
KDC/ONE Development Corp., Inc., 2024 USD Term
Loan B, (1-mo. CME Term SOFR at 0.00% Floor +
4.50%), 9.36%, 08/15/28
USD
103
$ 102,463
Pharmaceuticals — 0.1%
Amneal Pharmaceuticals LLC, 2023 Term Loan B, (1-mo.
CME Term SOFR at 0.00% Floor + 5.50%), 10.35%,
05/04/28
 
20
19,933
Bausch Health Americas, Inc., 2022 Term Loan B, (1-mo.
CME Term SOFR + 5.35%), 10.20%, 02/01/27
 
235
225,599
Endo Finance Holdings, Inc., 2024 Term Loan B, (3-mo.
CME Term SOFR at 0.50% Floor + 4.50%), 9.78%,
04/23/31
 
236
235,655
Gainwell Acquisition Corp., Term Loan B, (3-mo. CME
Term SOFR at 0.75% Floor + 4.10%), 8.70%,
10/01/27
 
280
265,344
Organon & Co., 2024 USD Term Loan B, (1-mo. CME
Term SOFR + 2.50%), 7.46%, 05/19/31
 
8
8,300
 
 
754,831
Real Estate Management & Development — 0.0%
CoreLogic, Inc., Term Loan, (1-mo. CME Term SOFR at
0.50% Floor + 3.61%), 8.46%, 06/02/28
 
84
83,722
Cushman & Wakefield U.S. Borrower LLC, 2024 Term
Loan, (1-mo. CME Term SOFR at 0.50% Floor +
3.75%), 8.60%, 01/31/30
 
10
9,702
 
 
93,424
Semiconductors & Semiconductor Equipment — 0.0%
Instructure Holdings, Inc., 2024 Term Loan, 09/11/31(m)
 
73
72,422
Software — 0.7%
Applied Systems, Inc., 2024 2nd Lien Term Loan, (3-mo.
CME Term SOFR at 0.00% Floor + 5.25%), 9.85%,
02/23/32
 
98
100,513
Ascend Learning LLC
 
2021 2nd Lien Term Loan, (1-mo. CME Term SOFR at
0.50% Floor + 5.85%), 10.70%, 12/10/29
 
83
80,199
2021 Term Loan, (1-mo. CME Term SOFR at 0.50%
Floor + 3.60%), 8.45%, 12/11/28
 
105
104,328
AthenaHealth Group, Inc., 2022 Term Loan B, (1-mo.
CME Term SOFR at 0.50% Floor + 3.25%), 8.10%,
02/15/29
 
938
931,411
Azalea Topco, Inc., 2024 Term Loan B, (1-mo. CME Term
SOFR at 0.00% Floor + 3.50%), 8.35%, 04/30/31
 
69
68,827
Boxer Parent Co., Inc.
 
2024 2nd Lien Term Loan, (3-mo. CME Term SOFR at
0.00% Floor + 5.75%), 11.01%, 07/30/32
 
115
113,131
2024 Term Loan B, (3-mo. CME Term SOFR at 0.00%
Floor + 3.75%), 9.01%, 07/30/31
 
257
256,482
Cast & Crew Payroll LLC, 2021 Incremental Term Loan,
(1-mo. CME Term SOFR at 0.50% Floor + 3.75%),
8.60%, 12/29/28
 
54
53,870
Central Parent, Inc., 2024 Term Loan B, (3-mo. CME
Term SOFR at 0.00% Floor + 3.25%), 7.85%,
07/06/29
 
124
122,470
Cloud Software Group, Inc.
 
2024 Third Amendment Term Loan, (3-mo. CME Term
SOFR at 0.50% Floor + 4.50%), 9.10%, 03/21/31
 
212
212,441
2024 USD Term Loan B, (3-mo. CME Term SOFR at
0.50% Floor + 4.00%), 8.60%, 03/30/29
 
285
284,165
Security
 
Par
(000)
Value
Software (continued)
Cloudera, Inc.
 
2021 Second Lien Term Loan, (1-mo. CME Term
SOFR at 0.50% Floor + 6.10%), 10.95%, 10/08/29
USD
234
$ 218,844
2021 Term Loan, (1-mo. CME Term SOFR at 0.50%
Floor + 3.85%), 8.70%, 10/08/28
 
55
53,282
Ellucian Holdings, Inc., 2024 Term Loan B, (1-mo. CME
Term SOFR at 0.50% Floor + 3.60%), 8.45%,
10/09/29
 
126
126,168
Genesys Cloud Services Holdings II LLC, Term Loan B,
(1-mo. CME Term SOFR at 0.75% Floor + 3.75%),
8.71%, 12/01/27
 
86
86,321
Mitchell International, Inc., 2024 1st Lien Term Loan,
(1-mo. CME Term SOFR + 3.25%), 8.10%, 06/17/31
 
150
148,293
Modena Buyer LLC, Term Loan, (3-mo. CME Term
SOFR at 0.00% Floor + 4.50%), 9.10%, 07/01/31
 
189
180,535
Planview Parent, Inc., 2024 2nd Lien Term Loan, (3-mo.
CME Term SOFR + 6.00%), 10.60%, 12/18/28
 
105
102,455
Polaris Newco LLC, USD Term Loan B, (3-mo. CME
Term SOFR at 0.50% Floor + 4.26%), 9.51%,
06/02/28
 
176
172,608
Project Alpha Intermediate Holding, Inc., 2024 Term Loan
B, (3-mo. CME Term SOFR at 0.50% Floor + 3.75%),
9.00%, 10/28/30
 
79
79,137
Project Boost Purchaser LLC, 2024 Term Loan, (3-mo.
CME Term SOFR at 0.00% Floor + 3.50%), 8.79%,
07/16/31
 
76
76,154
RealPage, Inc., 1st Lien Term Loan, (1-mo. CME Term
SOFR + 3.11%), 7.96%, 04/24/28
 
213
206,998
UKG, Inc., 2024 Term Loan B, (3-mo. CME Term SOFR
at 0.00% Floor + 3.25%), 8.55%, 02/10/31
 
154
153,646
VS Buyer LLC, 2024 Term Loan B, (1-mo. CME Term
SOFR + 3.25%), 8.35%, 04/11/31
 
41
40,813
 
 
3,973,091
Specialty Retail — 0.0%
PetSmart LLC, 2021 Term Loan B, (1-mo. CME Term
SOFR at 0.75% Floor + 3.85%), 8.70%, 02/11/28
 
188
185,833
Technology Hardware, Storage & Peripherals — 0.0%
Cubic Corp.
 
Term Loan B, (3-mo. CME Term SOFR at 0.75% Floor
+ 4.51%), 9.57%, 05/25/28
 
71
54,998
Term Loan C, (3-mo. CME Term SOFR at 0.75% Floor
+ 4.51%), 9.57%, 05/25/28
 
15
11,185
 
 
66,183
Trading Companies & Distributors — 0.0%
BCPE Empire Holdings, Inc., 2024 Term Loan, (1-mo.
CME Term SOFR at 0.50% Floor + 4.00%), 8.85%,
12/11/28
 
42
41,727
Total Floating Rate Loan Interests — 3.4%
(Cost: $20,621,051)
20,533,988
Foreign Agency Obligations
Bahrain — 0.0%
Bahrain Government International Bond, 5.45%,
09/16/32(d)
 
200
192,688
Canada — 1.1%
CDP Financial, Inc., 5.60%, 11/25/39(b)(f)
 
5,890
6,404,267
Schedule of Investments
19
Schedule of Investments (unaudited)(continued)
September 30, 2024
BlackRock Core Bond Trust (BHK)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Colombia — 0.1%
Colombia Government International Bond
 
4.50%, 01/28/26
USD
300
$ 296,738
8.00%, 04/20/33(f)
 
200
214,666
 
 
511,404
Dominican Republic — 0.1%
Dominican Republic International Bond
 
6.88%, 01/29/26(d)
 
115
117,120
5.95%, 01/25/27(d)
 
228
231,064
4.50%, 01/30/30(b)
 
226
216,183
7.05%, 02/03/31(b)
 
150
161,631
 
 
725,998
Egypt — 0.0%
Egypt Government International Bond, 7.50%,
02/16/61(b)
 
219
158,639
Guatemala — 0.1%
Guatemala Government Bond(b)
 
5.25%, 08/10/29
 
200
197,400
5.38%, 04/24/32
 
200
198,500
 
 
395,900
Hungary — 0.0%
Hungary Government International Bond, Series 10Y,
5.38%, 09/12/33(d)
EUR
66
78,980
Ivory Coast — 0.1%
Ivory Coast Government International Bond(d)
 
6.38%, 03/03/28
USD
200
200,000
5.88%, 10/17/31
EUR
192
202,504
 
 
402,504
Morocco — 0.0%
Morocco Government International Bond, 2.38%,
12/15/27(b)
USD
200
185,188
Oman — 0.1%
Oman Government International Bond(d)
 
6.50%, 03/08/47
 
228
240,326
6.75%, 01/17/48
 
200
216,750
 
 
457,076
Romania — 0.1%
Romanian Government International Bond
 
5.25%, 11/25/27(b)
 
102
102,737
2.50%, 02/08/30(d)
EUR
222
222,753
2.12%, 07/16/31(d)
 
226
211,164
 
 
536,654
Senegal — 0.0%
Senegal Government International Bond, 6.25%,
05/23/33(d)
USD
200
172,188
South Africa — 0.1%
Republic of South Africa Government International Bond,
5.88%, 04/20/32(f)
 
200
198,750
Total Foreign Agency Obligations — 1.8%
(Cost: $9,697,994)
10,420,236
Municipal Bonds
California — 1.1%
City of Los Angeles California, GO, Series A,
Sustainability Bonds, 5.00%, 09/01/42
 
2,000
2,026,628
Security
 
Par
(000)
Value
California (continued)
East Bay Municipal Utility District Water System
Revenue, RB, BAB, 5.87%, 06/01/40
USD
1,900
$ 2,041,809
Oxnard Union High School District, Refunding GO,
(BAM), 3.18%, 08/01/43
 
1,600
1,272,913
State of California, Refunding GO, 5.13%, 03/01/38
 
1,000
1,026,490
 
 
6,367,840
Georgia — 0.4%
Municipal Electric Authority of Georgia, Refunding RB,
BAB, 7.06%, 04/01/57
 
1,884
2,223,328
Hawaii — 0.3%
City & County Honolulu Hawaii Wastewater System
Revenue, Refunding RB, Series A, 2.62%, 07/01/45
 
1,000
709,083
State of Hawaii, GO, Series GK, 6.15%, 10/01/38
 
1,000
1,106,446
 
 
1,815,529
Illinois — 0.3%
State of Illinois, GO, 5.10%, 06/01/33
 
1,882
1,907,700
Massachusetts — 0.3%
Massachusetts Educational Financing Authority,
Refunding RB, Series A, 6.35%, 07/01/49
 
1,355
1,450,667
University of Massachusetts Building Authority,
Refunding RB, Series 3, 3.43%, 11/01/40
 
500
430,808
 
 
1,881,475
New York — 1.3%
Metropolitan Transportation Authority, RB, BAB, 7.34%,
11/15/39
 
1,135
1,377,513
New York City Industrial Development Agency, Refunding
RB, (AGM), 3.19%, 03/01/40
 
165
132,291
New York City Municipal Water Finance Authority,
Refunding RB, BAB
 
5.72%, 06/15/42
 
1,390
1,479,961
6.01%, 06/15/42
 
1,000
1,098,039
New York State Dormitory Authority, RB, BAB
 
Series D, 5.60%, 03/15/40
 
1,900
1,992,702
Series F, 5.63%, 03/15/39
 
1,100
1,152,753
Port Authority of New York & New Jersey, RB,
Series 159, 6.04%, 12/01/29
 
780
848,096
 
 
8,081,355
Total Municipal Bonds — 3.7%
(Cost: $21,186,767)
22,277,227
Non-Agency Mortgage-Backed Securities
Collateralized Mortgage Obligations — 6.2%
Alternative Loan Trust
 
Series 2005-64CB, Class 1A15, 5.50%, 12/25/35
 
337
300,694
Series 2006-OA21, Class A1, (1-mo. Term SOFR +
0.30%), 5.27%, 03/20/47(a)
 
326
273,863
Series 2007-OA10, Class 2A1, (1-mo. Term SOFR +
0.61%), 5.47%, 09/25/47(a)
 
3,803
550,430
Banc of America Funding Trust, Series 2007-2,
Class 1A2, 6.00%, 03/25/37
 
191
149,928
Bravo Residential Funding Trust(b)
 
Series 2021-NQM1, Class A1, 0.94%, 02/25/49(a)
 
569
520,996
Series 2023-NQM3, Class A1, 4.85%, 09/25/62
 
422
419,743
Series 2023-NQM4, Class A1, 6.44%, 05/25/63
 
1,283
1,298,506
Chase Home Lending Mortgage Trust, Series 2019-
ATR1, Class A12, 6.50%, 04/25/49(a)(b)
 
445
451,386
20
Schedule of Investments (unaudited)(continued)
September 30, 2024
BlackRock Core Bond Trust (BHK)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Collateralized Mortgage Obligations (continued)
CIM Trust(b)
 
Series 2023-I1, Class A1, 6.03%, 04/25/58
USD
1,119
$ 1,120,280
Series 2023-I2, Class A1, 6.64%, 12/25/67
 
1,090
1,102,473
COLT Mortgage Loan Trust(b)
 
Series 2020-2, Class M1, 5.25%, 03/25/65(a)
 
3,050
3,037,332
Series 2020-3, Class M1, 3.36%, 04/27/65(a)
 
3,820
3,600,060
Series 2022-1, Class A1, 4.55%, 04/25/67(a)
 
1,405
1,390,318
Series 2022-7, Class A1, 5.16%, 04/25/67
 
1,834
1,827,311
Series 2022-9, Class A1, 6.79%, 12/25/67
 
286
288,940
Series 2023-2, Class A1, 6.60%, 07/25/68
 
1,260
1,279,818
CSMC Trust, Series 2022-NQM5, Class A1, 5.17%,
05/25/67(a)(b)
 
2,517
2,507,688
Deephaven Residential Mortgage Trust, Series 2022-2,
Class A1, 4.30%, 03/25/67(a)(b)
 
240
234,496
Ellington Financial Mortgage Trust(a)(b)
 
Series 2020-1, Class M1, 5.24%, 05/25/65
 
1,500
1,533,545
Series 2021-2, Class A1, 0.93%, 06/25/66
 
183
153,795
Flagstar Mortgage Trust, Series 2021-4, Class A1,
2.50%, 06/01/51(a)(b)
 
2,330
1,962,646
GCAT Trust, Series 2022-NQM3, Class A1, 4.35%,
04/25/67(a)(b)
 
1,066
1,056,241
GS Mortgage-Backed Securities Corp. Trust, Series 2022-
PJ2, Class A4, 2.50%, 06/25/52(a)(b)
 
989
830,672
GS Mortgage-Backed Securities Trust, Series 2021-PJ2,
Class A2, 2.50%, 11/25/51(a)(b)
 
866
728,215
GSR Mortgage Loan Trust, Series 2007-4F, Class 3A1,
6.00%, 07/25/37
 
77
50,769
Homeward Opportunities Fund Trust, Series 2022-1,
Class A1, 5.08%, 07/25/67(b)
 
1,114
1,109,792
JP Morgan Mortgage Trust
 
Series 2006-S3, Class 1A12, 6.50%, 08/25/36
 
42
13,480
Series 2022-DSC1, Class A1, 4.75%, 01/25/63(a)(b)
 
424
417,456
Series 2022-INV3, Class A3B, 3.00%, 09/25/52(a)(b)
 
693
606,858
Series 2023-DSC1, Class A1, 4.63%, 07/25/63(a)(b)
 
306
300,209
Verus Securitization Trust(b)
 
Series 2022-3, Class A1, 4.13%, 02/25/67
 
2,598
2,505,647
Series 2022-7, Class A1, 5.15%, 07/25/67
 
1,504
1,498,067
Series 2022-INV2, Class A1, 6.79%, 10/25/67
 
426
430,447
Series 2023-1, Class A1, 5.85%, 12/25/67
 
852
856,151
Series 2023-5, Class A1, 6.48%, 06/25/68
 
1,163
1,179,565
Visio Trust, Series 2023-2, Class A1, 6.60%, 10/25/58(b)
 
1,292
1,313,176
 
 
36,900,993
Commercial Mortgage-Backed Securities — 7.7%
3650R Commercial Mortgage Trust, Series 2021-PF1,
Class A5, 2.52%, 11/15/54
 
1,250
1,082,537
BAMLL Commercial Mortgage Securities Trust,
Series 2015-200P, Class C, 3.72%, 04/14/33(a)(b)
 
4,170
4,082,929
Bayview Commercial Asset Trust, Series 2007-2A,
Class A1, (1-mo. Term SOFR + 0.52%), 5.37%,
07/25/37(a)(b)
 
545
512,498
BX Commercial Mortgage Trust(a)(b)
 
Series 2021-CIP, Class A, (1-mo. Term SOFR +
1.04%), 6.13%, 12/15/38
 
600
595,496
Series 2021-SOAR, Class A, (1-mo. Term SOFR +
0.78%), 5.88%, 06/15/38
 
1,482
1,472,426
Series 2021-XL2, Class A, (1-mo. Term SOFR +
0.80%), 5.90%, 10/15/38
 
320
317,843
Series 2022-LP2, Class A, (1-mo. Term SOFR +
1.01%), 6.11%, 02/15/39
 
1,336
1,328,738
Security
 
Par
(000)
Value
Commercial Mortgage-Backed Securities (continued)
BX Commercial Mortgage Trust(a)(b) (continued)
 
Series 2024-MF, Class C, (1-mo. Term SOFR +
1.94%), 7.04%, 02/15/39
USD
452
$ 448,759
Series 2024-XL4, Class C, (1-mo. Term SOFR +
2.19%), 7.29%, 02/15/39
 
97
97,171
BX Trust(a)(b)
 
Series 2021-LBA, Class AJV, (1-mo. Term SOFR +
0.91%), 6.01%, 02/15/36
 
1,690
1,682,078
Series 2022 VAMF, Class A, (1-mo. Term SOFR +
0.85%), 5.95%, 01/15/39
 
1,300
1,289,438
Series 2022-GPA, Class A, (1-mo. Term SOFR +
2.17%), 7.26%, 08/15/39
 
638
637,954
Series 2024-BIO, Class C, (1-mo. Term SOFR +
2.64%), 7.74%, 02/15/41
 
240
236,175
Series 2024-CNYN, Class C, (1-mo. Term SOFR +
1.94%), 7.04%, 04/15/41
 
791
788,787
Series 2024-PAT, Class B, (1-mo. Term SOFR +
3.04%), 8.14%, 03/15/41
 
170
170,319
Cantor Commercial Real Estate Lending, Series 2019-
CF2, Class A5, 2.87%, 11/15/52
 
550
500,488
Century Plaza Towers, Series 2019-CPT, Class C,
3.10%, 11/13/39(a)(b)
 
250
207,563
CONE Trust, Series 2024-DFW1, Class D, (1-mo. Term
SOFR + 3.04%), 8.14%, 08/15/41(a)(b)
 
660
660,000
CSMC(a)(b)
 
Series 2020-FACT, Class D, (1-mo. Term SOFR +
4.07%), 9.17%, 10/15/37
 
900
841,500
Series 2021-BHAR, Class C, (1-mo. Term SOFR +
2.11%), 7.21%, 11/15/38
 
300
297,094
DC Trust, Series 2024-HLTN, Class C, 7.29%,
04/13/40(a)(b)
 
220
225,364
Extended Stay America Trust, Series 2021-ESH,
Class D, (1-mo. Term SOFR + 2.36%), 7.46%,
07/15/38(a)(b)
 
1,720
1,723,021
GS Mortgage Securities Trust, Series 2019-GC38,
Class AAB, 3.84%, 02/10/52
 
806
798,120
JP Morgan Chase Commercial Mortgage Securities
Trust, Series 2022-ACB, Class A, (30-day Avg SOFR
+ 1.40%), 6.74%, 03/15/39(a)(b)
 
1,700
1,695,750
JW Commercial Mortgage Trust, Series 2024-MRCO,
Class C, (1-mo. Term SOFR + 2.39%), 7.47%,
06/15/39(a)(b)
 
800
798,500
Mello Mortgage Capital Acceptance, Series 2022-INV2,
Class A3, 3.00%, 04/25/52(a)(b)
 
737
647,258
Merrill Lynch Mortgage Investors Trust, Series 2006-A3,
Class 3A1, 5.53%, 05/25/36(a)
 
111
74,279
MFA Trust(b)
 
Series 2021-NQM1, Class M1, 2.31%, 04/25/65(a)
 
2,750
2,239,560
Series 2023-NQM1, Class A1, 5.75%, 11/25/67
 
778
776,159
Series 2023-NQM3, Class A1, 6.62%, 07/25/68
 
1,463
1,483,251
Mill City Mortgage Trust, Series 2023-NQM2, Class A1,
6.24%, 12/25/67(b)
 
1,647
1,659,005
Morgan Stanley Bank of America Merrill Lynch Trust,
Series 2015-C22, Class A4, 3.31%, 04/15/48
 
1,200
1,186,400
OBX Trust(b)
 
Series 2022-INC3, Class A1, 3.00%, 02/25/52(a)
 
651
567,963
Series 2022-NQM9, Class A1A, 6.45%, 09/25/62
 
476
479,634
Series 2023-NQM1, Class A1, 6.12%, 11/25/62(a)
 
612
616,643
Series 2023-NQM5, Class A1A, 6.57%, 06/25/63
 
1,374
1,395,454
Series 2023-NQM6, Class A1, 6.52%, 07/25/63
 
1,124
1,141,803
Schedule of Investments
21
Schedule of Investments (unaudited)(continued)
September 30, 2024
BlackRock Core Bond Trust (BHK)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Commercial Mortgage-Backed Securities (continued)
PRKCM Trust, Series 2023-AFC2, Class A1, 6.48%,
06/25/58(b)
USD
1,320
$ 1,332,556
RCKT Mortgage Trust, Series 2022-2, Class A1, 3.00%,
02/25/52(a)(b)
 
965
844,834
SG Residential Mortgage Trust, Series 2022-2, Class A1,
5.35%, 08/25/62(b)
 
624
624,083
Spruce Hill Mortgage Loan Trust, Series 2022-SH1,
Class A1A, 4.10%, 07/25/57(b)
 
648
628,963
STAR Trust, Series 2021-1, Class M1, 2.36%,
05/25/65(a)(b)
 
2,050
1,707,261
Starwood Mortgage Residential Trust, Series 2020-3,
Class M1, 3.54%, 04/25/65(a)(b)
 
2,000
1,811,898
STWD Trust, Series 2021-FLWR, Class A, (1-mo. Term
SOFR + 0.69%), 5.79%, 07/15/36(a)(b)
 
1,207
1,200,965
UBS Commercial Mortgage Trust, Series 2019-C18,
Class A4, 3.04%, 12/15/52
 
1,200
1,108,100
Wells Fargo Commercial Mortgage Trust
 
Series 2016-LC25, Class A4, 3.64%, 12/15/59
 
1,700
1,662,344
Series 2024-BPRC, Class D, 7.08%, 07/15/43(b)
 
250
255,896
 
 
45,934,857
Total Non-Agency Mortgage-Backed Securities — 13.9%
(Cost: $86,162,101)
82,835,850
Preferred Securities
Capital Trusts — 5.7%(a)
Banks(h) — 3.5%
AIB Group PLC, 5.25%(d)
EUR
200
222,768
Bank of America Corp., Series FF, 5.88%(f)
USD
3,500
3,551,530
Barclays PLC
 
4.38%
 
310
277,469
9.63%
 
640
720,585
BNP Paribas SA, 4.63%(b)
 
809
704,515
Citigroup, Inc., Series AA, 7.63%
 
208
222,222
HSBC Holdings PLC
 
4.70%
 
275
248,384
6.50%(f)
 
1,090
1,106,093
6.00%(f)
 
435
436,931
6.38%
 
1,000
1,001,207
ING Groep NV, Series NC10, 4.25%
 
1,500
1,250,280
Krung Thai Bank PCL/Cayman Islands, 4.40%(d)
 
252
246,802
Lloyds Banking Group PLC
 
6.75%
 
595
598,672
7.50%
 
1,750
1,766,000
NatWest Group PLC
 
8.13%
 
225
245,460
6.00%
 
1,575
1,574,184
PNC Financial Services Group, Inc.
 
Series V, 6.20%
 
205
208,689
Series W, 6.25%(f)
 
3,705
3,762,398
Rizal Commercial Banking Corp., 6.50%(d)
 
200
199,188
U.S. Bancorp, Series J, 5.30%(f)
 
1,900
1,885,318
Wells Fargo & Co., 7.63%(f)
 
300
326,710
Woori Bank, 4.25%(d)
 
250
249,375
 
 
20,804,780
Capital Markets(h) — 0.9%
Bank of New York Mellon Corp., Series F, 4.63%
 
2,750
2,721,644
UBS Group AG(b)
 
4.88%
 
2,000
1,913,829
Security
 
Par
(000)
Value
Capital Markets (continued)
UBS Group AG(b) (continued)
 
Series NC10, 9.25%
USD
200
$ 235,867
Series NC5, 9.25%
 
400
442,240
 
 
5,313,580
Diversified Telecommunication Services — 0.1%
Telefonica Europe BV, 6.14%(d)(h)
EUR
200
237,774
Electric Utilities — 1.2%
Edison International, Series B, 5.00%(h)
USD
169
165,128
EDP SA, 5.94%, 04/23/83(d)
EUR
100
117,229
Electricite de France SA, 3.38%(d)(h)
 
200
202,838
NextEra Energy Capital Holdings, Inc., 5.65%, 05/01/79
USD
4,750
4,711,384
NRG Energy, Inc., 10.25%(b)(h)
 
340
383,508
PG&E Corp., 7.38%, 03/15/55
 
1,723
1,807,208
 
 
7,387,295
Independent Power and Renewable Electricity Producers — 0.0%
Vistra Corp., 7.00%(b)(h)
 
141
143,933
Wireless Telecommunication Services — 0.0%
Vodafone Group PLC, 6.50%, 08/30/84(d)
EUR
100
122,447
 
34,009,809
 
 
 
 
Shares
 
Preferred Stocks — 0.0%(a)(h)
Capital Markets — 0.0%
Morgan Stanley, Series K, 5.85%
 
6,494
161,766
Financial Services — 0.0%
Federal National Mortgage Association, Series S, 8.25%
 
10,000
42,800
 
204,566
Trust Preferred — 0.2%
Banks — 0.2%
Citigroup Capital XIII, 11.89%, 10/30/40(a)
 
29,583
883,644
 
883,644
Total Preferred Securities — 5.9%
(Cost: $34,610,816)
35,098,019
 
 
 
Par
(000)
 
U.S. Government Sponsored Agency Securities
Agency Obligations — 1.1%
Fannie Mae, 5.63%, 07/15/37(f)
USD
1,600
1,845,996
Resolution Funding Corp. Principal Strip, 0.00%,
04/15/30(j)
 
6,055
4,887,207
 
 
6,733,203
Collateralized Mortgage Obligations — 5.0%
Fannie Mae REMICS
 
Series 2015-47, Class GL, 3.50%, 07/25/45
 
1,636
1,503,793
Series 2022-25, Class KL, 4.00%, 05/25/52
 
14,500
13,290,088
Freddie Mac REMICS
 
Series 4350, Class DY, 4.00%, 06/15/44
 
1,515
1,482,618
Series 4398, Class ZX, 4.00%, 09/15/54
 
11,441
10,465,844
Series 4549, Class TZ, 4.00%, 11/15/45
 
2,823
2,773,987
 
 
29,516,330
22
Schedule of Investments (unaudited)(continued)
September 30, 2024
BlackRock Core Bond Trust (BHK)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Interest Only Collateralized Mortgage Obligations — 0.0%
Fannie Mae REMICS, Series 2012-47, Class NI, 4.50%,
04/25/42
USD
674
$ 103,766
Ginnie Mae, Series 2009-116, Class KS, (1-mo. Term
SOFR + 6.36%), 1.26%, 12/16/39(a)
 
538
52,896
 
 
156,662
Mortgage-Backed Securities(f) — 13.4%
Fannie Mae Mortgage-Backed Securities
 
4.50%, 07/01/55
 
2,580
2,558,846
4.00%, 02/01/56 - 04/01/56
 
2,739
2,657,075
Freddie Mac Mortgage-Backed Securities, 4.50%,
03/01/47
 
508
514,124
Ginnie Mae Mortgage-Backed Securities, 5.50%,
08/15/33
 
20
20,235
Uniform Mortgage-Backed Securities
 
1.50%, 05/01/31
 
5,273
4,937,669
5.00%, 08/01/34 - 11/14/54(n)
 
26,092
26,258,171
4.50%, 06/01/37 - 11/14/54(n)
 
5,689
5,733,906
5.50%, 12/01/37 - 10/15/54(n)
 
22,641
22,999,328
6.00%, 12/01/38
 
182
192,029
3.00%, 02/01/52
 
1,834
1,646,626
3.50%, 04/01/52 - 04/01/53
 
3,832
3,600,056
4.00%, 05/01/52 - 09/01/52
 
3,805
3,684,520
6.50%, 10/01/53
 
4,909
5,061,228
 
 
79,863,813
Total U.S. Government Sponsored Agency Securities — 19.5%
(Cost: $119,249,937)
116,270,008
U.S. Treasury Obligations
U.S. Treasury Bonds(f)
 
3.00%, 11/15/44
 
33,795
28,199,023
2.50%, 02/15/46
 
57,350
43,355,256
2.75%, 11/15/47
 
2,000
1,557,188
4.63%, 05/15/54
 
31,000
33,625,313
U.S. Treasury Notes(f)
 
5.00%, 10/31/25
 
26,000
26,286,406
4.38%, 07/31/26
 
26,350
26,667,023
3.63%, 05/31/28
 
1,900
1,902,969
4.88%, 10/31/28
 
7,800
8,180,859
Total U.S. Treasury Obligations — 28.4%
(Cost: $187,281,313)
169,774,037
Total Long-Term Investments — 157.6%
(Cost: $960,642,405)
940,729,292
 
 
 
 
Shares
 
Short-Term Securities
Money Market Funds — 1.1%
BlackRock Liquidity Funds, T-Fund, Institutional Shares,
4.83%(o)(p)
 
6,641,117
6,641,117
Total Short-Term Securities — 1.1%
(Cost: $6,641,117)
6,641,117
Total Investments Before TBA Sale Commitments — 158.7%
(Cost: $967,283,522)
947,370,409
 
Security
 
Par
(000)
Value
TBA Sale Commitments(n)
Mortgage-Backed Securities — (0.9)%
Uniform Mortgage-Backed Securities
 
4.50%, 10/15/54
USD
(100
)
$ (98,303
)
5.00%, 10/15/54
 
(5,700
)
(5,696,215
)
Total TBA Sale Commitments — (0.9)%
(Proceeds: $(5,805,158))
(5,794,518
)
Total Investments, Net of TBA Sale Commitments — 157.8%
(Cost: $961,478,364)
941,575,891
Liabilities in Excess of Other Assets — (57.8)%
(344,721,996
)
Net Assets — 100.0%
$  596,853,895
 
(a)
Variable rate security. Interest rate resets periodically. The rate shown is the effective
interest rate as of period end. Security description also includes the reference rate and
spread if published and available.
(b)
Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933,
as amended. These securities may be resold in transactions exempt from registration to
qualified institutional investors.
(c)
Security is valued using significant unobservable inputs and is classified as Level 3 in the
fair value hierarchy.
(d)
This security may be resold to qualified foreign investors and foreign institutional buyers
under Regulation S of the Securities Act of 1933.
(e)
When-issued security.
(f)
All or a portion of the security has been pledged as collateral in connection with
outstanding reverse repurchase agreements.
(g)
Payment-in-kind security which may pay interest/dividends in additional par/shares
and/or in cash. Rates shown are the current rate and possible payment rates.
(h)
Perpetual security with no stated maturity date.
(i)
Convertible security.
(j)
Zero-coupon bond.
(k)
Issuer filed for bankruptcy and/or is in default.
(l)
Non-income producing security.
(m)
Represents an unsettled loan commitment at period end. Certain details associated with
this purchase are not known prior to the settlement date, including coupon rate.
(n)
Represents or includes a TBA transaction.
(o)
Affiliate of the Trust.
(p)
Annualized 7-day yield as of period end.
For purposes of this report, industry and sector sub-classifications may differ from those utilized by the Trust for compliance purposes.
Schedule of Investments
23
Schedule of Investments (unaudited)(continued)
September 30, 2024
BlackRock Core Bond Trust (BHK)
 
Affiliates
Investments in issuers considered to be affiliate(s) of the Trust during the period ended September 30, 2024 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows: 
Affiliated Issuer
Value at
12/31/23
Purchases
at Cost
Proceeds
from Sales
Net
Realized
Gain (Loss)
Change in
Unrealized
Appreciation
(Depreciation)
Value at
09/30/24
Shares
Held at
09/30/24
Income
Capital Gain
Distributions
from
Underlying
Funds
BlackRock Liquidity Funds, T-Fund, Institutional Shares
$ 11,900,896
$ —
$ (5,259,779
)(a)
$ —
$ —
$ 6,641,117
6,641,117
$ 286,142
$ —
 
(a)
Represents net amount purchased (sold).
Reverse Repurchase Agreements 
Counterparty
Interest
Rate
Trade
Date
Maturity
Date(a)
Face Value
Face Value
Including
Accrued Interest
Type of Non-Cash Underlying
Collateral
Remaining
Contractual Maturity
of the Agreements(a)
BNP Paribas SA
5.04
%(b)
09/05/23
Open
$ 17,781,250
$ 18,824,673
U.S. Treasury Obligations
Open/Demand
BNP Paribas SA
5.04
(b)
09/05/23
Open
26,909,269
28,491,295
U.S. Treasury Obligations
Open/Demand
BNP Paribas SA
5.04
(b)
11/06/23
Open
26,097,500
27,388,297
U.S. Treasury Obligations
Open/Demand
BNP Paribas SA
5.04
(b)
11/06/23
Open
7,926,750
8,318,730
U.S. Treasury Obligations
Open/Demand
BNP Paribas SA
4.97
(b)
01/05/24
Open
1,832,000
1,905,981
U.S. Government Sponsored
Agency Securities
Open/Demand
U.S. Bancorp Investments, Inc.
4.81
(b)
02/13/24
Open
537,625
555,856
Corporate Bonds
Open/Demand
U.S. Bancorp Investments, Inc.
4.81
(b)
02/13/24
Open
2,737,500
2,830,332
Corporate Bonds
Open/Demand
U.S. Bancorp Investments, Inc.
4.81
(b)
04/08/24
Open
1,267,500
1,300,200
Corporate Bonds
Open/Demand
U.S. Bancorp Investments, Inc.
4.81
(b)
05/10/24
Open
247,500
252,753
Corporate Bonds
Open/Demand
U.S. Bancorp Investments, Inc.
4.81
(b)
06/06/24
Open
164,000
166,828
Corporate Bonds
Open/Demand
Nomura Securities International, Inc.
4.92
(b)
06/07/24
Open
309,400
314,799
Corporate Bonds
Open/Demand
Nomura Securities International, Inc.
4.92
(b)
06/07/24
Open
305,699
311,033
Corporate Bonds
Open/Demand
Nomura Securities International, Inc.
4.92
(b)
06/12/24
Open
948,750
964,592
Corporate Bonds
Open/Demand
Nomura Securities International, Inc.
4.92
(b)
06/12/24
Open
102,290
103,998
Corporate Bonds
Open/Demand
Nomura Securities International, Inc.
4.92
(b)
06/12/24
Open
176,820
179,772
Corporate Bonds
Open/Demand
Nomura Securities International, Inc.
5.03
(b)
06/26/24
Open
1,850,125
1,877,138
U.S. Treasury Obligations
Open/Demand
Nomura Securities International, Inc.
5.03
(b)
06/26/24
Open
1,482,500
1,504,146
U.S. Treasury Obligations
Open/Demand
Nomura Securities International, Inc.
5.03
(b)
06/26/24
Open
23,413,312
23,755,166
U.S. Treasury Obligations
Open/Demand
BNP Paribas SA
4.92
(b)
07/16/24
Open
170,550
172,525
Corporate Bonds
Open/Demand
BNP Paribas SA
4.80
(b)
07/17/24
Open
367,931
371,989
Corporate Bonds
Open/Demand
BNP Paribas SA
4.87
(b)
07/17/24
Open
97,800
98,893
Corporate Bonds
Open/Demand
BNP Paribas SA
4.90
(b)
07/17/24
Open
882,656
892,574
Corporate Bonds
Open/Demand
BNP Paribas SA
4.90
(b)
07/17/24
Open
368,480
372,620
Corporate Bonds
Open/Demand
BNP Paribas SA
4.95
(b)
07/17/24
Open
1,140,420
1,153,353
Capital Trusts
Open/Demand
BNP Paribas SA
4.95
(b)
07/17/24
Open
285,750
288,990
Capital Trusts
Open/Demand
BNP Paribas SA
4.95
(b)
07/17/24
Open
1,444,780
1,461,164
Corporate Bonds
Open/Demand
BNP Paribas SA
4.95
(b)
07/17/24
Open
258,303
261,232
Corporate Bonds
Open/Demand
BNP Paribas SA
4.95
(b)
07/17/24
Open
186,470
188,585
Corporate Bonds
Open/Demand
BNP Paribas SA
4.95
(b)
07/17/24
Open
172,935
174,896
Corporate Bonds
Open/Demand
BNP Paribas SA
4.96
(b)
07/17/24
Open
108,641
109,876
Corporate Bonds
Open/Demand
BNP Paribas SA
4.96
(b)
07/17/24
Open
187,263
189,390
Corporate Bonds
Open/Demand
BNP Paribas SA
5.00
(b)
07/17/24
Open
3,268,125
3,304,654
Capital Trusts
Open/Demand
Nomura Securities International, Inc.
4.98
(b)
07/22/24
Open
1,582,500
1,599,581
Corporate Bonds
Open/Demand
Nomura Securities International, Inc.
4.98
(b)
07/22/24
Open
203,285
205,479
Corporate Bonds
Open/Demand
Nomura Securities International, Inc.
4.98
(b)
07/22/24
Open
133,960
135,406
Corporate Bonds
Open/Demand
BNP Paribas SA
4.80
(b)
07/26/24
Open
131,765
133,063
Corporate Bonds
Open/Demand
TD Securities (USA) LLC
4.98
(b)
07/29/24
Open
5,425,000
5,476,950
Corporate Bonds
Open/Demand
TD Securities (USA) LLC
4.99
(b)
07/29/24
Open
4,198,926
4,239,209
Corporate Bonds
Open/Demand
BNP Paribas SA
4.85
(b)
07/30/24
Open
812,570
820,166
Corporate Bonds
Open/Demand
Nomura Securities International, Inc.
4.82
(b)
07/30/24
Open
138,543
139,810
Corporate Bonds
Open/Demand
Nomura Securities International, Inc.
4.82
(b)
07/30/24
Open
272,093
274,582
Corporate Bonds
Open/Demand
Nomura Securities International, Inc.
4.85
(b)
07/30/24
Open
471,562
475,901
Corporate Bonds
Open/Demand
Nomura Securities International, Inc.
4.85
(b)
07/30/24
Open
132,665
133,885
Corporate Bonds
Open/Demand
Nomura Securities International, Inc.
4.85
(b)
07/30/24
Open
203,120
204,989
Foreign Agency Obligations
Open/Demand
Nomura Securities International, Inc.
4.85
(b)
07/30/24
Open
191,400
193,161
Corporate Bonds
Open/Demand
Nomura Securities International, Inc.
4.90
(b)
07/30/24
Open
542,823
547,864
Corporate Bonds
Open/Demand
24
Schedule of Investments (unaudited)(continued)
September 30, 2024
BlackRock Core Bond Trust (BHK)
 
Reverse Repurchase Agreements (continued)
Counterparty
Interest
Rate
Trade
Date
Maturity
Date(a)
Face Value
Face Value
Including
Accrued Interest
Type of Non-Cash Underlying
Collateral
Remaining
Contractual Maturity
of the Agreements(a)
Nomura Securities International, Inc.
4.97
%(b)
07/30/24
Open
$ 217,360
$ 219,405
Corporate Bonds
Open/Demand
Nomura Securities International, Inc.
4.97
(b)
07/30/24
Open
313,527
316,477
Corporate Bonds
Open/Demand
Nomura Securities International, Inc.
4.97
(b)
07/30/24
Open
199,996
201,878
Corporate Bonds
Open/Demand
Nomura Securities International, Inc.
4.98
(b)
07/30/24
Open
376,687
380,237
Corporate Bonds
Open/Demand
Nomura Securities International, Inc.
4.98
(b)
07/30/24
Open
628,800
634,726
Corporate Bonds
Open/Demand
Nomura Securities International, Inc.
4.98
(b)
07/30/24
Open
1,795,937
1,812,862
Corporate Bonds
Open/Demand
Nomura Securities International, Inc.
4.98
(b)
07/30/24
Open
280,238
282,878
Corporate Bonds
Open/Demand
Nomura Securities International, Inc.
4.98
(b)
07/30/24
Open
253,823
256,214
Corporate Bonds
Open/Demand
Nomura Securities International, Inc.
4.98
(b)
07/30/24
Open
134,680
135,949
Corporate Bonds
Open/Demand
Nomura Securities International, Inc.
4.98
(b)
07/30/24
Open
111,220
112,268
Corporate Bonds
Open/Demand
Nomura Securities International, Inc.
4.98
(b)
07/30/24
Open
943,750
952,644
Corporate Bonds
Open/Demand
Nomura Securities International, Inc.
4.98
(b)
07/30/24
Open
333,500
336,643
Corporate Bonds
Open/Demand
Goldman Sachs & Co. LLC
4.75
(b)
08/05/24
Open
163,206
164,537
Corporate Bonds
Open/Demand
Goldman Sachs & Co. LLC
4.85
(b)
08/05/24
Open
434,757
438,369
Corporate Bonds
Open/Demand
Goldman Sachs & Co. LLC
4.85
(b)
08/05/24
Open
196,075
197,704
Corporate Bonds
Open/Demand
Goldman Sachs & Co. LLC
4.95
(b)
08/05/24
Open
1,554,375
1,567,531
Corporate Bonds
Open/Demand
Goldman Sachs & Co. LLC
4.95
(b)
08/05/24
Open
115,023
115,996
Corporate Bonds
Open/Demand
Goldman Sachs & Co. LLC
4.95
(b)
08/05/24
Open
1,100,000
1,109,310
Corporate Bonds
Open/Demand
Goldman Sachs & Co. LLC
4.95
(b)
08/05/24
Open
2,805,000
2,828,741
Corporate Bonds
Open/Demand
Goldman Sachs & Co. LLC
4.95
(b)
08/05/24
Open
2,038,350
2,055,602
Corporate Bonds
Open/Demand
Goldman Sachs & Co. LLC
4.95
(b)
08/05/24
Open
407,500
410,949
Corporate Bonds
Open/Demand
Goldman Sachs & Co. LLC
4.95
(b)
08/05/24
Open
975,000
983,252
Corporate Bonds
Open/Demand
Goldman Sachs & Co. LLC
4.95
(b)
08/05/24
Open
3,213,750
3,240,951
Corporate Bonds
Open/Demand
BNP Paribas SA
4.99
(b)
08/06/24
Open
26,547,625
26,766,894
U.S. Treasury Obligations
Open/Demand
Nomura Securities International, Inc.
5.03
(b)
08/06/24
Open
33,983,750
34,271,467
U.S. Treasury Obligations
Open/Demand
BNP Paribas SA
4.94
(b)
08/07/24
Open
129,983
131,061
Corporate Bonds
Open/Demand
U.S. Bancorp Investments, Inc.
4.81
(b)
08/07/24
Open
1,380,000
1,391,176
Corporate Bonds
Open/Demand
Nomura Securities International, Inc.
4.98
(b)
08/09/24
Open
110,383
111,272
Corporate Bonds
Open/Demand
Nomura Securities International, Inc.
4.98
(b)
08/09/24
Open
158,603
159,880
Corporate Bonds
Open/Demand
BNP Paribas SA
4.92
(b)
08/14/24
Open
374,544
377,246
Corporate Bonds
Open/Demand
TD Securities (USA) LLC
5.00
(b)
08/30/24
Open
3,780,000
3,798,427
Corporate Bonds
Open/Demand
U.S. Bancorp Investments, Inc.
4.81
(b)
09/12/24
Open
571,737
573,332
Corporate Bonds
Open/Demand
U.S. Bancorp Investments, Inc.
4.81
(b)
09/12/24
Open
2,040,000
2,045,689
Corporate Bonds
Open/Demand
U.S. Bancorp Investments, Inc.
4.81
(b)
09/12/24
Open
536,875
538,372
Corporate Bonds
Open/Demand
BNP Paribas SA
5.24
09/13/24
10/15/24
1,603,164
1,606,664
U.S. Government Sponsored
Agency Securities
Up to 30 Days
BNP Paribas SA
5.24
09/13/24
10/15/24
1,455,074
1,458,251
U.S. Government Sponsored
Agency Securities
Up to 30 Days
BNP Paribas SA
5.24
09/13/24
10/15/24
1,649,057
1,652,657
U.S. Government Sponsored
Agency Securities
Up to 30 Days
BNP Paribas SA
5.24
09/13/24
10/15/24
538,433
539,608
U.S. Government Sponsored
Agency Securities
Up to 30 Days
BNP Paribas SA
5.24
09/13/24
10/15/24
249,952
250,498
U.S. Government Sponsored
Agency Securities
Up to 30 Days
BNP Paribas SA
5.24
09/13/24
10/15/24
4,800,238
4,810,719
U.S. Government Sponsored
Agency Securities
Up to 30 Days
BNP Paribas SA
5.24
09/13/24
10/15/24
501,118
502,212
U.S. Government Sponsored
Agency Securities
Up to 30 Days
BNP Paribas SA
5.24
09/13/24
10/15/24
317,501
318,194
U.S. Government Sponsored
Agency Securities
Up to 30 Days
BNP Paribas SA
5.24
09/13/24
10/15/24
1,889,465
1,893,590
U.S. Government Sponsored
Agency Securities
Up to 30 Days
BNP Paribas SA
5.24
09/13/24
10/15/24
614,405
615,747
U.S. Government Sponsored
Agency Securities
Up to 30 Days
BNP Paribas SA
5.24
09/13/24
10/15/24
2,494,596
2,500,043
U.S. Government Sponsored
Agency Securities
Up to 30 Days
BNP Paribas SA
5.24
09/13/24
10/15/24
1,808,092
1,812,040
U.S. Government Sponsored
Agency Securities
Up to 30 Days
BNP Paribas SA
5.24
09/13/24
10/15/24
785,588
787,303
U.S. Government Sponsored
Agency Securities
Up to 30 Days
BNP Paribas SA
5.24
09/13/24
10/15/24
1,612,386
1,615,907
U.S. Government Sponsored
Agency Securities
Up to 30 Days
Schedule of Investments
25
Schedule of Investments (unaudited)(continued)
September 30, 2024
BlackRock Core Bond Trust (BHK)
 
Reverse Repurchase Agreements (continued)
Counterparty
Interest
Rate
Trade
Date
Maturity
Date(a)
Face Value
Face Value
Including
Accrued Interest
Type of Non-Cash Underlying
Collateral
Remaining
Contractual Maturity
of the Agreements(a)
BNP Paribas SA
5.24
% 
09/13/24
10/15/24
$ 1,690,136
$ 1,693,826
U.S. Government Sponsored
Agency Securities
Up to 30 Days
BNP Paribas SA
5.24
09/13/24
10/15/24
230,725
231,229
U.S. Government Sponsored
Agency Securities
Up to 30 Days
BNP Paribas SA
5.24
09/13/24
10/15/24
1,465,288
1,468,487
U.S. Government Sponsored
Agency Securities
Up to 30 Days
BNP Paribas SA
5.24
09/13/24
10/15/24
1,689,204
1,692,892
U.S. Government Sponsored
Agency Securities
Up to 30 Days
BNP Paribas SA
5.24
09/13/24
10/15/24
1,399,714
1,402,770
U.S. Government Sponsored
Agency Securities
Up to 30 Days
BNP Paribas SA
5.24
09/13/24
10/15/24
875,094
877,005
U.S. Government Sponsored
Agency Securities
Up to 30 Days
BNP Paribas SA
5.24
09/13/24
10/15/24
1,639,101
1,642,680
U.S. Government Sponsored
Agency Securities
Up to 30 Days
BNP Paribas SA
5.24
09/13/24
10/15/24
1,018,177
1,020,400
U.S. Government Sponsored
Agency Securities
Up to 30 Days
BNP Paribas SA
5.24
09/13/24
10/15/24
971,338
973,459
U.S. Government Sponsored
Agency Securities
Up to 30 Days
BNP Paribas SA
5.24
09/13/24
10/15/24
1,515,066
1,518,374
U.S. Government Sponsored
Agency Securities
Up to 30 Days
BNP Paribas SA
5.24
09/13/24
10/15/24
2,280,020
2,284,998
U.S. Government Sponsored
Agency Securities
Up to 30 Days
BNP Paribas SA
5.24
09/13/24
10/15/24
909,180
911,165
U.S. Government Sponsored
Agency Securities
Up to 30 Days
BNP Paribas SA
5.24
09/13/24
10/15/24
215,168
215,638
U.S. Government Sponsored
Agency Securities
Up to 30 Days
BNP Paribas SA
5.24
09/13/24
10/15/24
427,136
428,069
U.S. Government Sponsored
Agency Securities
Up to 30 Days
BNP Paribas SA
5.24
09/13/24
10/15/24
4,918,513
4,929,251
U.S. Government Sponsored
Agency Securities
Up to 30 Days
BNP Paribas SA
5.24
09/13/24
10/15/24
964,585
966,691
U.S. Government Sponsored
Agency Securities
Up to 30 Days
Canadian Imperial Bank of Commerce
5.26
09/13/24
10/15/24
19,637
19,680
U.S. Government Sponsored
Agency Securities
Up to 30 Days
Canadian Imperial Bank of Commerce
5.26
09/13/24
10/15/24
142,982
143,296
U.S. Government Sponsored
Agency Securities
Up to 30 Days
Canadian Imperial Bank of Commerce
5.26
09/13/24
10/15/24
186,537
186,946
U.S. Government Sponsored
Agency Securities
Up to 30 Days
Nomura Securities International, Inc.
4.98
(b)
09/16/24
Open
793,425
795,226
Corporate Bonds
Open/Demand
Merrill Lynch International
4.82
09/19/24
10/10/24
174,963
175,221
Foreign Agency Obligations
Up to 30 Days
J.P. Morgan Securities LLC
4.75
09/20/24
10/03/24
999,034
1,000,484
Corporate Bonds
Up to 30 Days
J.P. Morgan Securities LLC
4.80
09/20/24
10/03/24
273,391
273,792
Corporate Bonds
Up to 30 Days
J.P. Morgan Securities LLC
4.85
09/20/24
10/03/24
167,381
167,629
Corporate Bonds
Up to 30 Days
J.P. Morgan Securities LLC
4.90
09/20/24
10/03/24
143,750
143,965
Corporate Bonds
Up to 30 Days
J.P. Morgan Securities LLC
4.95
09/20/24
10/03/24
299,481
299,934
Corporate Bonds
Up to 30 Days
J.P. Morgan Securities LLC
4.95
09/20/24
10/03/24
249,896
250,274
Corporate Bonds
Up to 30 Days
J.P. Morgan Securities LLC
4.95
09/20/24
10/03/24
139,480
139,691
Corporate Bonds
Up to 30 Days
J.P. Morgan Securities LLC
4.95
09/20/24
10/03/24
1,668,855
1,671,379
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.65
09/20/24
10/10/24
252,655
253,014
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.65
09/20/24
10/10/24
286,160
286,567
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.65
09/20/24
10/10/24
612,885
614,468
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.75
09/20/24
10/10/24
174,640
174,893
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.80
09/20/24
10/10/24
250,800
251,168
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.80
09/20/24
10/10/24
135,710
135,909
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.85
09/20/24
10/10/24
152,280
152,506
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.85
09/20/24
10/10/24
165,880
166,126
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.85
09/20/24
10/10/24
174,194
174,452
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.85
09/20/24
10/10/24
312,763
313,226
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.85
09/20/24
10/10/24
543,000
543,805
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.90
09/20/24
10/10/24
175,770
176,033
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.90
09/20/24
10/10/24
215,340
215,662
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.90
09/20/24
10/10/24
222,755
223,089
Corporate Bonds
Up to 30 Days
26
Schedule of Investments (unaudited)(continued)
September 30, 2024
BlackRock Core Bond Trust (BHK)
 
Reverse Repurchase Agreements (continued)
Counterparty
Interest
Rate
Trade
Date
Maturity
Date(a)
Face Value
Face Value
Including
Accrued Interest
Type of Non-Cash Underlying
Collateral
Remaining
Contractual Maturity
of the Agreements(a)
BofA Securities, Inc.
4.90
% 
09/20/24
10/10/24
$ 240,231
$ 240,591
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.90
09/20/24
10/10/24
117,710
117,886
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.90
09/20/24
10/10/24
129,200
129,393
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.90
09/20/24
10/10/24
120,270
120,450
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.90
09/20/24
10/10/24
145,078
145,295
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.90
09/20/24
10/10/24
1,375,294
1,377,353
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.90
09/20/24
10/10/24
342,810
343,323
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.90
09/20/24
10/10/24
468,750
469,452
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.95
09/20/24
10/10/24
140,453
140,665
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.95
09/20/24
10/10/24
155,365
155,600
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.95
09/20/24
10/10/24
171,130
171,389
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.95
09/20/24
10/10/24
165,715
165,966
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.95
09/20/24
10/10/24
202,208
202,513
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.95
09/20/24
10/10/24
249,533
249,910
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.95
09/20/24
10/10/24
221,288
221,622
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.95
09/20/24
10/10/24
2,738,850
2,742,993
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.95
09/20/24
10/10/24
837,437
838,704
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.95
09/20/24
10/10/24
634,302
635,262
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.95
09/20/24
10/10/24
710,255
711,329
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.95
09/20/24
10/10/24
838,750
840,019
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.95
09/20/24
10/10/24
120,423
120,605
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.95
09/20/24
10/10/24
110,880
111,048
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.95
09/20/24
10/10/24
144,150
144,368
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.95
09/20/24
10/10/24
219,543
219,875
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.95
09/20/24
10/10/24
1,293,750
1,295,707
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.95
09/20/24
10/10/24
335,937
336,446
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.95
09/20/24
10/10/24
1,643,500
1,645,986
Capital Trusts
Up to 30 Days
BofA Securities, Inc.
4.95
09/20/24
10/10/24
1,718,437
1,721,037
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.95
09/20/24
10/10/24
2,943,750
2,948,202
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.95
09/20/24
10/10/24
3,840,000
3,845,808
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.95
09/20/24
10/10/24
475,625
476,344
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.95
09/20/24
10/10/24
361,875
362,422
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.95
09/20/24
10/10/24
415,245
415,873
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.95
09/20/24
10/10/24
85,100
85,229
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.95
09/20/24
10/10/24
96,589
96,735
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.95
09/20/24
10/10/24
104,725
104,883
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.95
09/20/24
10/10/24
439,410
440,075
Corporate Bonds
Up to 30 Days
BofA Securities, Inc.
4.95
09/20/24
10/10/24
557,375
558,218
Corporate Bonds
Up to 30 Days
Barclays Bank PLC
4.99
09/26/24
10/22/24
5,212,500
5,216,113
Foreign Agency Obligations
Up to 30 Days
Barclays Capital, Inc.
3.50
09/26/24
10/22/24
146,999
147,070
Corporate Bonds
Up to 30 Days
Barclays Capital, Inc.
4.25
09/26/24
10/22/24
626,542
626,912
Corporate Bonds
Up to 30 Days
Barclays Capital, Inc.
4.65
09/26/24
10/22/24
119,809
119,886
Corporate Bonds
Up to 30 Days
Barclays Capital, Inc.
4.95
09/26/24
10/22/24
1,076,562
1,077,303
Corporate Bonds
Up to 30 Days
Barclays Capital, Inc.
4.95
09/26/24
10/22/24
119,543
119,625
Capital Trusts
Up to 30 Days
Barclays Capital, Inc.
4.95
09/26/24
10/22/24
2,190,625
2,192,131
Corporate Bonds
Up to 30 Days
Barclays Capital, Inc.
4.95
09/26/24
10/22/24
190,722
190,853
Capital Trusts
Up to 30 Days
Barclays Capital, Inc.
4.95
09/26/24
10/22/24
189,750
189,880
Capital Trusts
Up to 30 Days
Barclays Capital, Inc.
4.95
09/26/24
10/22/24
224,098
224,252
Capital Trusts
Up to 30 Days
Barclays Capital, Inc.
4.95
09/26/24
10/22/24
790,000
790,543
Corporate Bonds
Up to 30 Days
Barclays Capital, Inc.
4.95
09/26/24
10/22/24
955,000
955,657
Corporate Bonds
Up to 30 Days
Barclays Capital, Inc.
4.95
09/26/24
10/22/24
1,016,360
1,017,058
Capital Trusts
Up to 30 Days
Barclays Capital, Inc.
4.95
09/26/24
10/22/24
1,160,062
1,160,860
Corporate Bonds
Up to 30 Days
Barclays Capital, Inc.
4.95
09/26/24
10/22/24
1,265,625
1,266,495
Corporate Bonds
Up to 30 Days
RBC Capital Markets, LLC
4.65
(b)
09/26/24
Open
176,675
176,789
Corporate Bonds
Open/Demand
BofA Securities, Inc.
4.95
09/27/24
10/10/24
156,275
156,275
Corporate Bonds
Up to 30 Days
Nomura Securities International, Inc.
4.98
(b)
09/30/24
Open
99,195
99,195
Corporate Bonds
Open/Demand
 
 
 
$ 317,764,603
$ 323,830,590
 
 
 
(a)
Certain agreements have no stated maturity and can be terminated by either party at any time.
(b)
Variable rate security. Rate as of period end and maturity is the date the principal owed can be recovered through demand.
Schedule of Investments
27
Schedule of Investments (unaudited)(continued)
September 30, 2024
BlackRock Core Bond Trust (BHK)
 
Derivative Financial Instruments Outstanding as of Period End
Futures Contracts 
Description
Number of
Contracts
Expiration
Date
Notional
Amount (000)
Value/
Unrealized
Appreciation
(Depreciation)
Long Contracts 
10-Year U.S. Ultra Long Treasury Note
346
12/19/24
$ 40,985
$ 60,533
Ultra U.S. Treasury Bond
558
12/19/24
74,371
(48,366
)
5-Year U.S. Treasury Note
52
12/31/24
5,718
(27,717
)
 
(15,550
)
Short Contracts 
10-Year U.S. Treasury Note
785
12/19/24
89,784
(63,940
)
U.S. Long Bond
221
12/19/24
27,480
89,883
2-Year U.S. Treasury Note
114
12/31/24
23,743
20,040
 
45,983
 
$ 30,433
Forward Foreign Currency Exchange Contracts 
Currency Purchased
Currency Sold
Counterparty
Settlement Date
Unrealized
Appreciation
(Depreciation)
USD
76,549
EUR
69,855
Deutsche Bank AG
10/17/24
$ (1,258
)
USD
201,020
EUR
183,443
Deutsche Bank AG
10/17/24
(3,304
)
USD
374,991
EUR
342,242
Toronto-Dominion Bank
10/17/24
(6,209
)
USD
107,687
CAD
146,000
Toronto-Dominion Bank
12/18/24
(479
)
USD
7,439,084
EUR
6,663,000
UBS AG
12/18/24
(988
)
USD
744,011
GBP
567,000
UBS AG
12/18/24
(13,912
)
 
 
 
 
 
 
$ (26,150
)
Centrally Cleared Credit Default Swaps — Buy Protection 
Reference Obligation/Index
Financing
Rate Paid
by the Trust
Payment
Frequency
Termination
Date
Notional
Amount (000)
Value
Upfront
Premium
Paid
(Received)
Unrealized
Appreciation
(Depreciation)
CDX.NA.IG.41.V1
1.00
% 
Quarterly
12/20/28
USD
21,650
$ (501,506
)
$ (273,980
)
$ (227,526
)
CDX.NA.HY.43.V1
5.00
Quarterly
12/20/29
USD
11,695
(872,574
)
(856,651
)
(15,923
)
 
 
$ (1,374,080
)
$ (1,130,631
)
$ (243,449
)
Centrally Cleared Interest Rate Swaps 
Paid by the Trust
Received by the Trust
Effective
Date
Termination
Date
Notional
Amount (000)
Value
Upfront
Premium
Paid
(Received)
Unrealized
Appreciation
(Depreciation)
Rate
Frequency
Rate
Frequency
0.39%
Annual
Tokyo Overnight Average Rate,
0.23%
Annual
N/A
08/09/26
JPY
5,516,625
$ 29,521
$ 2,607
$ 26,914
OTC Credit Default Swaps — Sell Protection 
Reference Obligation/Index
Financing
Rate Received
by the Trust
Payment
Frequency
Counterparty
Termination
Date
Credit
Rating(a)
Notional
Amount (000)(b)
Value
Upfront
Premium
Paid
(Received)
Unrealized
Appreciation
(Depreciation)
Virgin Media Finance PLC
5.00
% 
Quarterly
JPMorgan Chase Bank N.A.
12/20/25
B-
EUR
10
$ 538
$ 426
$ 112
CMA CGM SA
5.00
Quarterly
Morgan Stanley & Co.
International PLC
06/20/27
N/R
EUR
20
2,162
2,816
(654
)
Adler Real Estate AG
5.00
Quarterly
Bank of America N.A.
12/20/27
N/R
EUR
5
20
(804
)
824
28
Schedule of Investments (unaudited)(continued)
September 30, 2024
BlackRock Core Bond Trust (BHK)
 
OTC Credit Default Swaps — Sell Protection (continued)
Reference Obligation/Index
Financing
Rate Received
by the Trust
Payment
Frequency
Counterparty
Termination
Date
Credit
Rating(a)
Notional
Amount (000)(b)
Value
Upfront
Premium
Paid
(Received)
Unrealized
Appreciation
(Depreciation)
Adler Real Estate AG
5.00
% 
Quarterly
Barclays Bank PLC
12/20/27
N/R
EUR
3
$ 12
$ (469
)
$ 481
Adler Real Estate AG
5.00
Quarterly
Barclays Bank PLC
12/20/27
N/R
EUR
9
33
(1,319
)
1,352
Adler Real Estate AG
5.00
Quarterly
Citibank N.A.
12/20/27
CCC-
EUR
3
9
(393
)
402
Adler Real Estate AG
5.00
Quarterly
JPMorgan Chase Bank N.A.
12/20/27
N/R
EUR
6
20
(834
)
854
Adler Real Estate AG
5.00
Quarterly
Morgan Stanley & Co.
International PLC
12/20/27
N/R
EUR
4
15
(592
)
607
Faurecia SE
5.00
Quarterly
Barclays Bank PLC
06/20/29
BB
EUR
13
1,042
1,636
(594
)
Virgin Media Finance PLC
5.00
Quarterly
JPMorgan Chase Bank N.A.
06/20/29
B-
EUR
3
169
101
68
Virgin Media Finance PLC
5.00
Quarterly
JPMorgan Chase Bank N.A.
06/20/29
B-
EUR
4
249
143
106
 
 
 
 
 
 
$ 4,269
$ 711
$ 3,558
 
(a)
Using the rating of the issuer or the underlying securities of the index, as applicable, provided by S&P Global Ratings.
(b)
The maximum potential amount the Trust may pay should a negative credit event take place as defined under the terms of the agreement.
Fair Value Hierarchy as of Period End
Various inputs are used in determining the fair value of financial instruments at the measurement date. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows: 
• Level 1 – Unadjusted price quotations in active markets/exchanges that the Trust has the ability to access for identical, unrestricted assets or liabilities;
• Level 2 – Inputs other than quoted prices included within level 1 that are observable for the asset or liability, either directly or indirectly; and
• Level 3 – Inputs that are unobservable and significant to the  entire fair value measurement for the asset or liability (including the Valuation Committee’s assumptions used in determining the fair value of financial instruments).
The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy.  In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Trust’s policy regarding valuation of financial instruments, refer to its most recent financial statements.
The following table summarizes the Trust’s financial instruments categorized in the fair value hierarchy.  The breakdown of the Trust’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 
Asset-Backed Securities
$ —
$ 80,409,232
$ 109,352
$ 80,518,584
Corporate Bonds 
Advertising Agencies
—
3,323,579
—
3,323,579
Aerospace & Defense
—
17,495,934
—
17,495,934
Air Freight & Logistics
—
100,964
—
100,964
Automobile Components
—
3,032,909
—
3,032,909
Automobiles
—
5,740,473
—
5,740,473
Banks
—
31,332,626
—
31,332,626
Beverages
—
4,882,037
—
4,882,037
Biotechnology
—
3,514,628
—
3,514,628
Broadline Retail
—
1,786,995
—
1,786,995
Building Materials
—
4,253,295
—
4,253,295
Building Products
—
6,653,576
—
6,653,576
Capital Markets
—
2,997,517
—
2,997,517
Chemicals
—
5,118,482
—
5,118,482
Commercial Services & Supplies
—
17,886,734
—
17,886,734
Construction & Engineering
118,122
1,326,821
—
1,444,943
Schedule of Investments
29
Schedule of Investments (unaudited)(continued)
September 30, 2024
BlackRock Core Bond Trust (BHK)
 
Fair Value Hierarchy as of Period End (continued)
 
Level 1
Level 2
Level 3
Total
Corporate Bonds (continued)
Consumer Finance
$ —
$ 4,518,182
$ —
$ 4,518,182
Consumer Staples Distribution & Retail
—
821,473
—
821,473
Containers & Packaging
—
4,948,609
—
4,948,609
Diversified REITs
—
8,704,450
—
8,704,450
Diversified Telecommunication Services
—
25,964,893
—
25,964,893
Electric Utilities
—
32,609,617
—
32,609,617
Electronic Equipment, Instruments & Components
—
1,036,165
—
1,036,165
Energy Equipment & Services
—
1,855,872
—
1,855,872
Entertainment
—
4,575,632
—
4,575,632
Environmental, Maintenance & Security Service
—
2,753,182
—
2,753,182
Financial Services
—
4,428,912
—
4,428,912
Food Products
—
4,015,144
—
4,015,144
Gas Utilities
—
1,429,004
—
1,429,004
Ground Transportation
—
7,031,576
—
7,031,576
Health Care Equipment & Supplies
—
4,027,450
—
4,027,450
Health Care Providers & Services
—
12,137,636
—
12,137,636
Health Care REITs
—
2,235,669
—
2,235,669
Hotel & Resort REITs
—
1,884,055
—
1,884,055
Hotels, Restaurants & Leisure
—
9,824,631
1,957,476
11,782,107
Household Durables
—
1,207,836
—
1,207,836
Household Products
—
272,639
—
272,639
Independent Power and Renewable Electricity Producers
—
688,244
—
688,244
Industrial Conglomerates
—
457,766
—
457,766
Insurance
—
21,152,844
—
21,152,844
Interactive Media & Services
—
233,101
—
233,101
Internet Software & Services
—
1,496,879
—
1,496,879
IT Services
—
2,616,997
—
2,616,997
Machinery
—
3,732,766
—
3,732,766
Marine Transportation
—
102,933
—
102,933
Media
—
17,087,608
—
17,087,608
Metals & Mining
—
5,640,164
—
5,640,164
Mortgage Real Estate Investment Trusts (REITs)
—
365,008
—
365,008
Oil, Gas & Consumable Fuels
—
42,421,650
—
42,421,650
Paper & Forest Products
—
947,685
—
947,685
Passenger Airlines
—
4,601,660
—
4,601,660
Personal Care Products
—
234,631
—
234,631
Pharmaceuticals
—
12,225,120
—
12,225,120
Real Estate Management & Development
—
1,747,024
—
1,747,024
Retail REITs
—
1,574,277
—
1,574,277
Semiconductors & Semiconductor Equipment
—
7,218,153
—
7,218,153
Software
—
17,245,795
—
17,245,795
Specialty Retail
—
524,367
—
524,367
Technology Hardware, Storage & Peripherals
—
1,574,084
—
1,574,084
Textiles, Apparel & Luxury Goods
—
178,881
—
178,881
Tobacco
—
5,202,066
—
5,202,066
Trading Companies & Distributors
—
790,420
—
790,420
Transportation Infrastructure
—
1,476,368
—
1,476,368
Water Utilities
—
1,356,580
—
1,356,580
Fixed Rate Loan Interests
—
2,303,477
—
2,303,477
Floating Rate Loan Interests
—
20,314,683
219,305
20,533,988
Foreign Agency Obligations
—
10,420,236
—
10,420,236
Municipal Bonds
—
22,277,227
—
22,277,227
Non-Agency Mortgage-Backed Securities
—
82,835,850
—
82,835,850
Preferred Securities
Capital Trusts
—
34,009,809
—
34,009,809
Preferred Stocks 
Capital Markets
161,766
—
—
161,766
Financial Services
—
42,800
—
42,800
Trust Preferred
883,644
—
—
883,644
U.S. Government Sponsored Agency Securities
—
116,270,008
—
116,270,008
U.S. Treasury Obligations
—
169,774,037
—
169,774,037
30
Schedule of Investments (unaudited)(continued)
September 30, 2024
BlackRock Core Bond Trust (BHK)
 
Fair Value Hierarchy as of Period End (continued)
 
Level 1
Level 2
Level 3
Total
Short-Term Securities 
Money Market Funds
$ 6,641,117
$ —
$ —
$ 6,641,117
Liabilities
Investments 
TBA Sale Commitments
—
(5,794,518
)
—
(5,794,518
)
Unfunded Floating Rate Loan Interests(a)
—
(13
)
—
(13
)
 
$7,804,649
$931,485,096
$2,286,133
$941,575,878
Derivative Financial Instruments(b)
Assets 
Credit Contracts
$ —
$ 4,806
$ —
$ 4,806
Interest Rate Contracts
170,456
26,914
—
197,370
Liabilities 
Credit Contracts
—
(244,697
)
—
(244,697
)
Foreign Currency Exchange Contracts
—
(26,150
)
—
(26,150
)
Interest Rate Contracts
(140,023
)
—
—
(140,023
)
 
$30,433
$(239,127
)
$—
$(208,694
)
 
(a)
Unfunded floating rate loan interests are valued at the unrealized appreciation (depreciation) on the commitment.
(b)
Derivative financial instruments are swaps, futures contracts and forward foreign currency exchange contracts. Swaps, futures contracts and forward foreign currency exchange
contracts are valued at the unrealized appreciation (depreciation) on the instrument.
The Trust may hold assets and/or liabilities in which the fair value approximates the carrying amount or face value, including accrued interest, for financial reporting purposes. As of period end, reverse repurchase agreements of $323,830,590 are categorized as Level 2 within the fair value hierarchy.
 
Currency Abbreviation 
CAD
Canadian Dollar
EUR
Euro
GBP
British Pound
JPY
Japanese Yen
USD
United States Dollar
 
Portfolio Abbreviation 
AGM
 Assured Guaranty Municipal Corp.
BAB
 Build America Bond
BAM
 Build America Mutual Assurance Co.
CLO
 Collateralized Loan Obligation
CMT
 Constant Maturity Treasury
DAC
 Designated Activity Company
EURIBOR
 Euro Interbank Offered Rate
GO
 General Obligation Bonds
LIBOR
 London Interbank Offered Rate
PIK
 Payment-in-Kind
RB
 Revenue Bond
SG
 Syncora Guarantee
SOFR
 Secured Overnight Financing Rate
TBA
 To-Be-Announced
Schedule of Investments
31