Rule 10f-3 Transaction Form

Acquisition of Securities During Affiliated Underwritings

Participating Funds
U.S. Registered Funds (Name of Fund, Aladdin Ticker):
iShares Core U.S. Aggregate Bond ETF (ISHAGG)
iShares Edge U.S. Fixed Income Balanced Risk ETF (ISHFIBR)
iShares iBonds Dec 2022 Term Corporate ETF (ISHIBDN)
iShares Intermediate Credit Bond ETF (ISHICRED)
iShares Intermediate Government/Credit Bond ETF (ISHIGOVCR)
AZL Enhanced Bond Index Fund (AZ-CORE)
BlackRock Funds, BlackRock Global Long/Short Credit Fund
(BR-GC)
BlackRock Macro Themes Fund - Fixed Income Sleeve (BRMT-FI)
Consulting Group Capital Markets Funds (CG-CGCM)
JNL/BlackRock Global Long Short Credit Fund (SMF_CC-GC)
UBS PACE Intermediate Fixed Income Investments Portfolio
(UBS-PACE)


The Offering

Key Characteristics (Complete ALL Fields)

Date of
Offering
Commencement:
07-12-2016

Security Type:
BND/CORP


Issuer
Comcast Corporation (2022)

Selling
Underwriter
Citigroup Global Markets Inc.

Affiliated
Underwriter(s)
[x] PNC Capital Markets LLC
[ ] Other:  Morgan Stanley & Co. LLC for CG-CGCM

List of
Underwriter(s)
Citigroup Global Markets Inc., J.P. Morgan
Securities LLC, Mizuho Securities USA
Inc., Barclays Capital Inc., Goldman,
Sachs & Co., SMBC Nikko Securities
America, Inc., Merrill Lynch, Pierce,
Fenner & Smith Incorporated, BNP Paribas
Securities Corp., Credit Suisse Securities
(USA) LLC, Deutsche Bank Securities Inc.,
Morgan Stanley & Co. LLC, RBC Capital
Markets, LLC, TD Securities (USA) LLC,
Wells Fargo Securities, LLC, Commerz
Markets LLC, DNB Markets, Inc., PNC
Capital Markets LLC, U.S. Bancorp
Investments, Inc., Lloyds Securities Inc.,
SG Americas Securities, LLC, Allen &
Company LLC, Evercore Group L.L.C.,
CastleOak Securities, L.P., C.L. King &
Associates, Inc., Drexel Hamilton, LLC,
Lebenthal & Co., LLC, Loop Capital Markets
LLC, Mischler Financial Group, Inc.,
Samuel A. Ramirez & Company, Inc., The
Williams Capital Group, L.P.

Transaction Details

Date of Purchase
07-12-2016


Purchase
Price/Share
(per share / %
of par)
$99.901

Total
Commission,
Spread or
Profit
0.250%


1.	Aggregate Principal Amount Purchased
(a+b)
$30,000,000

a. US Registered Funds
(Appendix attached with individual
Fund/Client purchase)
$4,305,000

b. Other BlackRock Clients
$25,695,000

2.	Aggregate Principal Amount of
Offering
$700,000,000

Fund Ratio
[Divide Sum of #1 by #2]
Must be less than 0.25

0.04285


Legal Requirements

Offering Type (check ONE)
The securities fall into one of the following transaction
types (see Definitions):
[x] U.S. Registered Public Offering [Issuer must have 3
years of continuous operations]
[ ] Eligible Rule 144A Offering [Issuer must have 3 years
of continuous operations]
[ ] Eligible Municipal Securities
[ ] Eligible Foreign Offering [Issuer must have 3 years of
continuous operations]
[ ] Government Securities Offering [Issuer must have 3
years of continuous operations]

Timing and Price (check ONE or BOTH)
[x] The securities were purchased before the end of the
first day on which any sales were made, at a price that
was not more than the price paid by each other purchaser
of securities in that offering or in any concurrent
offering of the securities; and
[ ] If the securities are offered for subscription upon
exercise of rights, the securities were purchased on or
before the fourth day before the day on which the rights
offering terminated.

Firm Commitment Offering (check ONE)
[x]  YES
[ ]  NO
The securities were offered pursuant to an
underwriting or similar agreement under which the
underwriters were committed to purchase all of the
securities being offered, except those purchased by
others pursuant to a rights offering, if the
underwriters purchased any of the securities.

No Benefit to Affiliated Underwriter (check ONE)
[x]  YES
[ ]  NO
No affiliated underwriter was a direct or indirect
participant in, or benefited directly or indirectly
from, the transaction.




Completed by:
Dipankar Banerjee
Date:
07-14-2016

Global Syndicate Team Member




Approved by:
Steven DeLaura
Date:
07-14-2016

Global Syndicate Team Member