Edgar Filing: BLACKROCK CORE BOND TRUST

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-10543

Name of Fund: BlackRock Core Bond Trust (BHK)

Fund Address: 100 Bellevue Parkway, Wilmington, DE 19809

Name and address of agent for service: John M. Perlowski, Chief Executive Officer, BlackRock Core Bond Trust, 55 East 52^nd Street, New York, NY 10055

Registrant’s telephone number, including area code: (800) 882-0052, Option 4

Date of fiscal year end: 08/31/2014

Date of reporting period: 11/30/2013

Item 1 – Schedule of Investments

Schedule of Investments November 30, 2013 (Unaudited)

BlackRock Core Bond Trust (BHK)

(Percentages shown are based on Net Assets)

Common Stocks			Shares		Value

Paper & Forest Products — 0.0%
NewPage Corp. (a)(b)			1,720	$	146,200



Asset-Backed Securities			Par (000)

Asset-Backed Securities — 6.7%
321 Henderson Receivables I LLC, Series 2010-3A, Class A, 3.82%, 12/15/48 (c)		USD	655		696,795
ACAS CLO Ltd., Series 2013-1A, Class C, 2.99%, 4/20/25 (c)(d)			500		482,500
AmeriCredit Automobile Receivables Trust, Series 2011-5, Class C, 3.44%, 10/08/17			400		415,158
Apidos CDO XI, Series 2012-11A, Class D, 4.49%, 1/17/23 (c)(d)			600		596,400
Atrium CDO Corp., Series 9A, Class D, 3.76%, 2/28/24 (c)(d)			750		717,375
Babson CLO, Ltd., Series 2012-1X, Class B, 2.74%, 4/15/22 (d)			500		490,000
Brookside Mill CLO, Ltd., Series 2013-1A, Class C1, 2.94%, 4/17/25 (c)(d)			500		485,550
CarMax Auto Owner Trust, Series 2012-1:
	Class B, 1.76%, 8/15/17		210		214,547
	Class C, 2.20%, 10/16/17		125		127,838
	Class D, 3.09%, 8/15/18		155		158,838
Cavalry CLO II, Series 2A (c)(d):
	Class C, 3.09%, 1/17/24		1,035		1,006,538
	Class D, 4.24%, 1/17/24		770		754,600
CenterPoint Energy Transition Bond Co. LLC, Series 2012-1, Class A3, 3.03%, 10/15/25			1,105		1,081,968
CIFC Funding Ltd., Series 2012-1A, Class B1L, 5.49%, 8/14/24 (c)(d)			750		751,875
CIFC Funding, Ltd., Series 2013-IA (c)(d):
	Class B, 3.06%, 4/16/25		500		483,300
	Class C, 3.85%, 4/16/25		500		471,100
Countrywide Asset-Backed Certificates, Series 2006-13, Class 3AV2, 0.32%, 1/25/37 (d)			972		852,558
DT Auto Owner Trust, Series 2011-3A, Class C, 4.03%, 2/15/17 (c)			153		153,471
Figueroa CLO Ltd., Series 2013-1A, Class C, 3.89%, 3/21/24 (c)(d)			500		482,250

Asset-Backed Securities			Par (000)		Value

Asset-Backed Securities (continued)
Ford Credit Floorplan Master Owner Trust:
	Series 2012-1, Class B, 1.07%, 1/15/16 (d)	USD	180	$	180,123
	Series 2012-1, Class C, 1.67%, 1/15/16 (d)		475		475,623
	Series 2012-1, Class D, 2.27%, 1/15/16 (d)		445		445,696
	Series 2012-2, Class B, 2.32%, 1/15/19		245		250,793
	Series 2012-2, Class C, 2.86%, 1/15/19		105		108,404
	Series 2012-2, Class D, 3.50%, 1/15/19		200		208,831
Galaxy XV CLO, Ltd., Series 2013-15A, Class C, 2.84%, 4/15/25 (c)(d)			500		486,250
ING IM CLO Ltd., Series 2012-2A, Class C, 3.69%, 10/15/22 (c)(d)			750		754,125
Nelnet Student Loan Trust (d):
	Series 2006-1, Class A5, 0.35%, 8/23/27		525		511,080
	Series 2008-3, Class A4, 1.89%, 11/25/24		615		642,335
OZLM Funding III, Ltd., Series 2013-3A, Class B, 3.34%, 1/22/25 (c)(d)			750		743,175
PFS Financing Corp., Series 2012-AA, Class A, 1.37%, 2/15/16 (c)(d)			480		480,485
Santander Consumer Acquired Receivables Trust (c):
	Series 2011-S1A, Class B, 1.66%, 8/15/16		386		386,274
	Series 2011-S1A, Class C, 2.01%, 8/15/16		243		242,969
	Series 2011-S1A, Class D, 3.15%, 8/15/16		256		256,396
	Series 2011-WO, Class C, 3.19%, 10/15/15		580		584,682
Santander Drive Auto Receivables Trust:
	Series 2010-2, Class B, 2.24%, 12/15/14		29		28,886
	Series 2010-2, Class C, 3.89%, 7/17/17		1,010		1,027,572
	Series 2010-B, Class C, 3.02%, 10/17/16 (c)		436		439,520
	Series 2011-1, Class D, 4.01%, 2/15/17		940		980,062
	Series 2011-S1A, Class B, 1.48%, 5/15/17 (c)		112		112,149

BLACKROCK CORE BOND TRUST

NOVEMBER 30, 2013

Schedule of Investments (continued)

BlackRock Core Bond Trust (BHK)

(Percentages shown are based on Net Assets)

Asset-Backed Securities			Par (000)			Value
Asset-Backed Securities (concluded)
Santander Drive Auto Receivables Trust (concluded):
	Series 2011-S2A, Class C, 2.86%, 6/15/17 (c)	USD	299		$	299,895
	Series 2012-1, Class B, 2.72%, 5/16/16		240			243,080
	Series 2012-1, Class C, 3.78%, 11/15/17		325			336,915
SLM Student Loan Trust:
	Series 2004-B, Class A2, 0.45%, 6/15/21 (d)		139			136,791
	Series 2008-5, Class A3, 1.54%, 1/25/18 (d)		515			519,762
	Series 2008-5, Class A4, 1.94%, 7/25/23 (d)		615			642,641
	Series 2012-A, Class A1, 1.57%, 8/15/25 (c)(d)		243			244,952
	Series 2012-A, Class A2, 3.83%, 1/17/45 (c)		345			361,973
Structured Asset Securities Corp., Series 2002-AL1, Class A2, 3.45%, 2/25/32			1,105			1,099,822
Symphony CLO VII, Ltd., Series 2011-7A, Class E, 3.84%, 7/28/21 (c)(d)			750			722,813
United States Small Business Administration, Series 2004-P10B, Class 1, 4.75%, 8/10/14			72			73,355
World Financial Network Credit Card Master Trust, Series 2012-C, Class C, 4.55%, 8/15/22			1,180			1,246,774
						25,696,864

Interest Only Asset-Backed Securities — 0.1%
Sterling Bank Trust, Series 2004-2, Class Note, 2.08%, 3/30/30 (c)			2,923			210,995
Sterling Coofs Trust, Series 2004-1, Class A, 2.36%, 4/15/29 (c)			5,200			349,380
						560,375

Total Asset-Backed Securities — 6.8%						26,257,239



Corporate Bonds

Aerospace & Defense — 0.6%
Huntington Ingalls Industries, Inc., 7.13%, 3/15/21			230			250,700
United Technologies Corp. (e):
	4.88%, 5/01/15		1,125			1,194,500
	6.13%, 7/15/38		700			837,397
						2,282,597


Corporate Bonds			Par (000)			Value
Airlines — 1.8%
American Airlines Pass-Through Trust:
	Series 2013-2, Class B, 5.60%, 7/15/20 (c)		USD	520	$	521,950
	Series 2013-2, Class A, 4.95%, 1/15/23 (c)			2,000		2,095,000
Continental Airlines Pass-Through Trust:
	Series 2010-1, Class B, 6.00%, 7/12/20		521			532,870
	Series 2012-3, Class C, 6.13%, 4/29/18		500			517,500
United Airlines Pass-Through Trust, Series 2013-1, Class A, 4.30%, 2/15/27			2,000			2,030,000
US Airways Pass-Through Trust, Series 2012-1, Class C, 9.13%, 10/01/15			1,308			1,372,944
						7,070,264

Auto Components — 0.4%
Icahn Enterprises LP/Icahn Enterprises Finance Corp., 8.00%, 1/15/18			1,450			1,513,438

Automobiles — 0.8%
Ford Motor Co., 4.75%, 1/15/43			1,995			1,783,658
General Motors Co., 6.25%, 10/02/43 (c)			1,253			1,271,795
						3,055,453

Building Materials — 0.1%
Momentive Performance Materials, Inc., 8.88%, 10/15/20			255			268,388

Building Products — 0.1%
Cemex SAB de CV, 5.88%, 3/25/19 (c)			200			196,000
Texas Industries, Inc., 9.25%, 8/15/20			324			355,590
						551,590

Capital Markets — 3.7%
CDP Financial, Inc., 5.60%, 11/25/39 (c)(e)			2,935			3,332,643
The Goldman Sachs Group, Inc. (e):
	5.38%, 3/15/20		1,220			1,367,554
	5.25%, 7/27/21		3,165			3,482,168
	5.75%, 1/24/22		1,800			2,031,440
KCG Holdings, Inc., 8.25%, 6/15/18 (c)			185			190,319
Morgan Stanley:
	4.20%, 11/20/14		490			506,615
	4.00%, 7/24/15		410			429,608
	6.25%, 8/28/17 (e)		1,930			2,233,043
Murray Street Investment Trust I, 4.65%, 3/09/17			825			896,486
						14,469,876

BLACKROCK CORE BOND TRUST

NOVEMBER 30, 2013

Schedule of Investments (continued)

BlackRock Core Bond Trust (BHK)

(Percentages shown are based on Net Assets)

Corporate Bonds			Par (000)		Value
Chemicals — 1.4%
Axiall Corp., 4.88%, 5/15/23 (c)		USD	152	$	142,880
The Dow Chemical Co., 4.13%, 11/15/21			350		360,106
Huntsman International LLC, 4.88%, 11/15/20			298		293,530
Methanex Corp., 3.25%, 12/15/19			2,074		2,091,283
Nufarm Australia Ltd., 6.38%, 10/15/19 (c)			245		253,575
PetroLogistics LP/PetroLogistics Finance Corp., 6.25%, 4/01/20 (c)			161		161,604
Rockwood Specialties Group, Inc., 4.63%, 10/15/20			1,800		1,849,500
US Coatings Acquisition, Inc./Axalta Coating Systems Dutch Holding B BV, 7.38%, 5/01/21 (c)			151		160,060
					5,312,538

Commercial Banks — 3.1%
CIT Group, Inc.:
	5.50%, 2/15/19 (c)		398		428,845
	5.38%, 5/15/20		1,650		1,761,375
Depfa ACS Bank, 5.13%, 3/16/37 (c)			3,775		3,180,437
HSBC Bank Brasil SA - Banco Multiplo, 4.00%, 5/11/16 (c)			1,400		1,417,500
HSBC Bank PLC, 3.10%, 5/24/16 (c)(e)			700		736,864
HSBC Holdings PLC, 6.10%, 1/14/42 (e)			305		365,169
Rabobank Nederland (e):
	3.88%, 2/08/22		1,390		1,402,973
	3.95%, 11/09/22		1,500		1,452,615
Wells Fargo & Co., 3.50%, 3/08/22 (e)			1,390		1,405,802
					12,151,580

Commercial Services & Supplies — 1.4%
ADS Waste Holdings, Inc., 8.25%, 10/01/20 (c)			246		260,145
The ADT Corp., 4.88%, 7/15/42			539		409,247
Aviation Capital Group Corp. (c):
	4.63%, 1/31/18		650		665,575
	7.13%, 10/15/20		900		1,005,482
Interactive Data Corp., 10.25%, 8/01/18			1,330		1,497,979
Mobile Mini, Inc., 7.88%, 12/01/20			320		352,800
United Rentals North America, Inc.:
	5.75%, 7/15/18		194		208,307
	7.38%, 5/15/20		385		430,237

Corporate Bonds			Par (000)		Value
Commercial Services & Supplies (concluded)
United Rentals North America, Inc. (concluded):
	7.63%, 4/15/22	USD	452	$	506,240
					5,336,012

Communications Equipment — 1.3%
ADC Telecommunications, Inc., 3.50%, 7/15/15 (f)			4,330		4,384,125
Zayo Group LLC/Zayo Capital, Inc., 8.13%, 1/01/20			530		584,325
					4,968,450

Construction & Engineering — 0.1%
ABB Finance USA, Inc., 4.38%, 5/08/42			192		178,507
Safway Group Holding LLC/Safway Finance Corp., 7.00%, 5/15/18 (c)			200		209,500
					388,007

Construction Materials — 1.0%
HD Supply, Inc.:
	8.13%, 4/15/19		1,815		2,025,993
	7.50%, 7/15/20		1,544		1,636,640
Lafarge SA, 7.13%, 7/15/36			135		140,569
					3,803,202

Consumer Finance — 1.1%
Discover Financial Services, 3.85%, 11/21/22			250		240,244
Ford Motor Credit Co. LLC:
	8.13%, 1/15/20		1,265		1,589,923
	4.25%, 9/20/22		800		810,462
SLM Corp., 6.25%, 1/25/16			661		719,664
Western Union Co., 3.35%, 5/22/19			1,000		1,009,096
					4,369,389

Containers & Packaging — 0.5%
Crown Americas LLC/Crown Americas Capital Corp. III, 6.25%, 2/01/21			91		98,280
Sealed Air Corp. (c):
	6.50%, 12/01/20		550		596,750
	8.38%, 9/15/21		225		257,625
Smurfit Kappa Acquisitions (c):
	4.88%, 9/15/18		410		423,325
	7.75%, 11/15/19	EUR	410		607,972
					1,983,952

Diversified Consumer Services — 0.3%
APX Group, Inc., 6.38%, 12/01/19		USD	636		642,360

BLACKROCK CORE BOND TRUST

NOVEMBER 30, 2013

Schedule of Investments (continued)

BlackRock Core Bond Trust (BHK)

(Percentages shown are based on Net Assets)

Corporate Bonds			Par (000)		Value
Diversified Consumer Services (concluded)
Rent-A-Center, Inc., 4.75%, 5/01/21		USD	431	$	404,063
					1,046,423

Diversified Financial Services — 9.7%
Aircastle Ltd., 6.25%, 12/01/19			708		764,640
Ally Financial, Inc.:
	8.30%, 2/12/15		1,500		1,620,000
	5.50%, 2/15/17		1,500		1,623,099
	6.25%, 12/01/17		160		179,000
	8.00%, 3/15/20		560		672,000
	8.00%, 11/01/31		300		357,750
Bank of America Corp. (e):
	5.63%, 7/01/20		1,100		1,258,348
	3.30%, 1/11/23		4,990		4,721,563
Citigroup, Inc., Series D, 5.35% (d)(g)			1,050		926,625
FMR LLC, 4.95%, 2/01/33 (c)(e)			1,150		1,113,678
General Electric Capital Corp. (e):
	6.15%, 8/07/37		2,150		2,499,943
	6.88%, 1/10/39		135		170,913
General Motors Financial Co., Inc., 4.25%, 5/15/23 (c)			401		381,953
IntercontinentalExchange Group, Inc., 4.00%, 10/15/23			235		239,002
Jefferies Finance LLC/JFIN Co-Issuer Corp., 7.38%, 4/01/20 (c)			500		518,125
Jefferies LoanCore LLC/JLC Finance Corp., 6.88%, 6/01/20 (c)			626		618,175
JPMorgan Chase & Co.:
	3.70%, 1/20/15 (e)		3,425		3,541,049
	6.30%, 4/23/19 (e)		2,000		2,382,102
	Series 1, 7.90% (d)(g)		3,500		3,867,500
JPMorgan Chase Bank NA, 6.00%, 10/01/17			800		924,362
Macquarie Bank Ltd., 10.25%, 6/20/57 (d)			900		1,012,500
Moody's Corp., 4.50%, 9/01/22			900		897,313
Northern Trust Corp., 3.95%, 10/30/25			4,000		3,943,472
Reynolds Group Issuer, Inc.:
	7.13%, 4/15/19		200		214,000
	7.88%, 8/15/19		560		621,600
	5.75%, 10/15/20		1,000		1,025,000
	6.88%, 2/15/21		680		734,400
WMG Acquisition Corp., 11.50%, 10/01/18			562		650,515
					37,478,627

Diversified Telecommunication Services — 3.0%
CenturyLink, Inc., Series V, 5.63%, 4/01/20			400		407,000

Corporate Bonds			Par (000)		Value
Diversified Telecommunication Services (concluded)
Level 3 Financing, Inc.:
	8.13%, 7/01/19	USD	698	$	764,310
	8.63%, 7/15/20		650		728,000
Telecom Italia Capital SA, 6.00%, 9/30/34			1,550		1,299,306
Verizon Communications, Inc. (e):
	3.50%, 11/01/21		500		495,185
	6.40%, 2/15/38		3,483		3,868,241
	6.55%, 9/15/43		3,376		3,842,080
Windstream Corp., 7.88%, 11/01/17			40		45,900
					11,450,022

Electric Utilities — 5.5%
The Cleveland Electric Illuminating Co.:
	8.88%, 11/15/18		121		155,529
	5.95%, 12/15/36		217		218,296
CMS Energy Corp., 5.05%, 3/15/22			915		1,000,251
Duke Energy Carolinas LLC:
	6.10%, 6/01/37		315		364,397
	6.00%, 1/15/38 (e)		825		970,474
	4.25%, 12/15/41 (e)		375		353,196
E.ON International Finance BV, 6.65%, 4/30/38 (c)(e)			1,525		1,857,168
Electricite de France SA, 5.60%, 1/27/40 (c)(e)			1,400		1,470,785
Florida Power Corp. (e):
	6.35%, 9/15/37		1,325		1,642,073
	6.40%, 6/15/38		430		537,801
Hydro Quebec (e):
	9.40%, 2/01/21		390		533,169
	Series HY, 8.40%, 1/15/22		730		972,128
	Series IO, 8.05%, 7/07/24		1,900		2,568,652
Jersey Central Power & Light Co., 7.35%, 2/01/19			245		294,435
Ohio Power Co., Series D, 6.60%, 3/01/33			1,500		1,760,970
PacifiCorp, 6.25%, 10/15/37 (e)			575		698,053
Public Service Co. of Colorado, Series 17, 6.25%, 9/01/37 (e)			1,200		1,493,760
Southern California Edison Co. (e):
	5.63%, 2/01/36		625		710,366
	Series 08-A, 5.95%, 2/01/38		1,075		1,265,670
Virginia Electric and Power Co., Series A, 6.00%, 5/15/37 (e)			2,000		2,353,690
					21,220,863

Energy Equipment & Services — 2.8%
Calfrac Holdings LP, 7.50%, 12/01/20 (c)			470		475,875

BLACKROCK CORE BOND TRUST

NOVEMBER 30, 2013

Schedule of Investments (continued)

BlackRock Core Bond Trust (BHK)

(Percentages shown are based on Net Assets)

Corporate Bonds			Par (000)		Value
Energy Equipment & Services (concluded)
Ensco PLC:
	3.25%, 3/15/16	USD	160	$	167,828
	4.70%, 3/15/21 (e)		1,745		1,861,029
EOG Resources, Inc., 2.63%, 3/15/23 (e)			1,902		1,758,036
Genesis Energy LP/Genesis Energy Finance Corp., 5.75%, 2/15/21			71		71,887
GrafTech International Ltd., 6.38%, 11/15/20			580		587,250
Noble Holding International Ltd., 5.25%, 3/15/42			350		332,585
Peabody Energy Corp.:
	6.00%, 11/15/18		1,251		1,329,187
	6.25%, 11/15/21		1,239		1,266,877
Seadrill Ltd., 5.63%, 9/15/17 (c)			1,590		1,633,725
Transocean, Inc.:
	5.05%, 12/15/16		850		937,945
	6.50%, 11/15/20		350		396,464
					10,818,688

Food & Staples Retailing — 0.1%
Rite Aid Corp., 6.75%, 6/15/21			279		291,206

Food Products — 1.1%
Barry Callebaut Services NV, 5.50%, 6/15/23 (c)			593		603,579
Kraft Foods Group, Inc.:
	5.38%, 2/10/20		1,570		1,784,553
	5.00%, 6/04/42		997		974,481
Pinnacle Foods Finance LLC/Pinnacle Foods Finance Corp., 4.88%, 5/01/21 (c)			224		213,920
Sun Merger Sub, Inc. (c):
	5.25%, 8/01/18		329		343,805
	5.88%, 8/01/21		169		174,915
					4,095,253

Gas Utilities — 0.1%
Suburban Propane Partners LP/Suburban Energy Finance Corp., 7.50%, 10/01/18			380		408,025

Health Care Equipment & Supplies — 0.5%
Boston Scientific Corp., 6.25%, 11/15/15			1,251		1,370,987
Teleflex, Inc., 6.88%, 6/01/19			385		404,250
					1,775,237

Health Care Providers & Services — 4.4%
Aviv Healthcare Properties LP/Aviv Healthcare Capital Corp.:
	7.75%, 2/15/19		175		188,125
	6.00%, 10/15/21 (c)		204		209,100

Corporate Bonds			Par (000)		Value
Health Care Providers & Services (concluded)
CHS/Community Health Systems, Inc., 5.13%, 8/15/18		USD	400	$	416,000
ConvaTec Healthcare E SA, 7.38%, 12/15/17 (c)		EUR	494		708,797
HCA, Inc.:
	6.50%, 2/15/20	USD	2,118		2,337,743
	7.25%, 9/15/20		350		382,375
	4.75%, 5/01/23		1,161		1,097,145
LifePoint Hospitals, Inc., 5.50%, 12/01/21 (c)(h)			278		279,390
Symbion, Inc., 8.00%, 6/15/16			455		482,869
Tenet Healthcare Corp.:
	6.25%, 11/01/18		859		940,605
	6.00%, 10/01/20 (c)		622		649,990
	4.50%, 4/01/21		383		365,765
	4.38%, 10/01/21 (c)		1,765		1,659,100
	8.13%, 4/01/22		1,382		1,499,470
UnitedHealth Group, Inc., 2.88%, 3/15/22 (e)			2,000		1,918,990
WellPoint, Inc., 4.65%, 1/15/43 (e)			4,005		3,675,072
					16,810,536

Hotels, Restaurants & Leisure — 2.2%
MCE Finance Ltd., 5.00%, 2/15/21 (c)			935		904,612
Playa Resorts Holding BV, 8.00%, 8/15/20 (c)			150		157,500
PNK Finance Corp., 6.38%, 8/01/21 (c)			524		541,030
Six Flags Entertainment Corp., 5.25%, 1/15/21 (c)			865		847,700
The Unique Pub Finance Co. PLC:
	Series A3, 6.54%, 3/30/21	GBP	400		682,337
	Series A4, 5.66%, 6/30/27		647		1,037,640
	Series M, 7.40%, 3/28/24		1,500		2,380,816
	Series N, 6.46%, 3/30/32		1,195		1,534,972
Wynn Macau Ltd., 5.25%, 10/15/21 (c)		USD	416		420,160
					8,506,767

Household Durables — 0.9%
Beazer Homes USA, Inc., 6.63%, 4/15/18			580		623,500
Standard Pacific Corp., 10.75%, 9/15/16			2,100		2,541,000
Taylor Morrison Communities, Inc./Monarch Communities, Inc., 5.25%, 4/15/21 (c)			372		358,980
					3,523,480

BLACKROCK CORE BOND TRUST

NOVEMBER 30, 2013

Schedule of Investments (continued)

BlackRock Core Bond Trust (BHK)

(Percentages shown are based on Net Assets)

Corporate Bonds			Par (000)		Value
Household Products — 0.1%
Spectrum Brands Escrow Corp. (c):
	6.38%, 11/15/20	USD	200	$	213,000
	6.63%, 11/15/22		275		292,875
					505,875

Independent Power Producers & Energy Traders — 0.4%
Calpine Corp. (c):
	7.50%, 2/15/21		48		52,320
	6.00%, 1/15/22		137		140,767
	5.88%, 1/15/24		194		193,030
Energy Future Intermediate Holding Co. LLC/EFIH Finance, Inc., 10.00%, 12/01/20 (c)			890		943,400
GenOn REMA LLC, Series C, 9.68%, 7/02/26			415		427,450
					1,756,967

Industrial Conglomerates — 0.1%
Brand Energy & Infrastructure Services, Inc., 8.50%, 12/01/21 (c)			217		221,340
Smiths Group PLC, 3.63%, 10/12/22 (c)			180		168,707
					390,047

Insurance — 5.8%
A-S Co-Issuer Subsidiary, Inc./A-S Merger Sub LLC, 7.88%, 12/15/20 (c)			613		642,118
The Allstate Corp., 5.75%, 8/15/53 (d)			1,000		1,015,000
American International Group, Inc.:
	3.80%, 3/22/17 (e)		5,580		5,980,917
	5.45%, 5/18/17 (e)		800		901,198
	8.18%, 5/15/68 (d)		970		1,164,485
AXA SA, 5.25%, 4/16/40 (d)		EUR	250		368,069
Five Corners Funding Trust, 4.42%, 11/15/23 (c)		USD	1,025		1,024,344
Hartford Financial Services Group, Inc.:
	6.00%, 1/15/19		345		402,305
	5.13%, 4/15/22		930		1,026,594
Hartford Life Global Funding Trusts, 0.43%, 6/16/14 (d)			425		424,893
Liberty Mutual Group, Inc. (c):
	6.50%, 5/01/42		1,000		1,117,632
	7.00%, 3/07/67 (d)		975		1,014,000
Lincoln National Corp.:
	6.25%, 2/15/20		630		733,323
	6.05%, 4/20/67 (d)		675		671,625
Manulife Financial Corp., 3.40%, 9/17/15 (e)			1,630		1,702,962

Corporate Bonds			Par (000)		Value
Insurance (concluded)
MetLife Global Funding I, 5.13%, 6/10/14 (c)(e)		USD	775	$	794,125
Montpelier Re Holdings, Ltd., 4.70%, 10/15/22			450		449,947
MPL 2 Acquisition Canco, Inc., 9.88%, 8/15/18 (c)			340		351,050
Muenchener Rueckversicherungs AG, 6.00%, 5/26/41 (d)		EUR	200		318,768
Prudential Financial, Inc. (e):
	7.38%, 6/15/19	USD	250		310,869
	5.38%, 6/21/20		250		284,243
	4.50%, 11/15/20		450		489,658
	5.90%, 3/17/36		500		554,845
	5.70%, 12/14/36		675		736,058
					22,479,028

Internet Software & Services — 0.1%
Equinix, Inc., 4.88%, 4/01/20			86		85,785
VeriSign, Inc., 4.63%, 5/01/23			345		330,338
					416,123

IT Services — 0.8%
Ceridian HCM Holding, Inc., 11.00%, 3/15/21 (c)			440		508,200
First Data Corp. (c):
	7.38%, 6/15/19		775		829,250
	6.75%, 11/01/20		680		712,300
SunGard Data Systems, Inc., 7.38%, 11/15/18			1,080		1,143,450
					3,193,200

Life Sciences Tools & Services — 0.1%
Agilent Technologies, Inc., 3.20%, 10/01/22			250		233,278

Machinery — 0.1%
Allegion US Holding Co., Inc., 5.75%, 10/01/21 (c)			446		462,725

Marine — 0.3%
Nakilat, Inc., Series A, 6.07%, 12/31/33 (c)(e)			1,050		1,107,750

Media — 5.8%
AMC Networks, Inc.:
	7.75%, 7/15/21		320		360,000
	4.75%, 12/15/22		343		327,565
Cinemark USA, Inc., 5.13%, 12/15/22			175		168,656
Clear Channel Communications, Inc., 9.00%, 12/15/19			305		311,100
Clear Channel Worldwide Holdings, Inc., Series B, 6.50%, 11/15/22			2,495		2,578,955

BLACKROCK CORE BOND TRUST

NOVEMBER 30, 2013

Schedule of Investments (continued)

BlackRock Core Bond Trust (BHK)

(Percentages shown are based on Net Assets)

Corporate Bonds			Par (000)		Value
Media (concluded)
Comcast Cable Communications Holdings, Inc., 9.46%,11/15/22 (e)		USD	600	$	839,099
Comcast Corp., 6.45%,3/15/37 (e)			790		913,874
Cox Communications, Inc., 8.38%, 3/01/39 (c)			1,740		2,126,224
DIRECTV Holdings LLC / DIRECTV Financing Co., Inc.:
	6.38%, 3/01/41		260		263,784
	5.15%, 3/15/42		2,100		1,852,498
Gray Television, Inc., 7.50%, 10/01/20 (c)			332		349,430
Live Nation Entertainment, Inc., 7.00%, 9/01/20 (c)			109		117,720
Lynx I Corp., 5.38%, 4/15/21 (c)			395		401,912
NAI Entertainment Holdings/NAI Entertainment Holdings Finance Corp., 5.00%, 8/01/18 (c)			292		301,490
NBCUniversal Media LLC (e):
	5.15%, 4/30/20		1,983		2,240,717
	4.38%, 4/01/21		1,015		1,089,484
The New York Times Co., 6.63%, 12/15/16			1,070		1,187,700
News America, Inc., 7.63%, 11/30/28			385		488,307
Omnicom Group, Inc., 3.63%, 5/01/22 (e)			2,355		2,292,256
Sirius XM Holdings, Inc. (c):
	4.25%, 5/15/20		559		533,845
	4.63%, 5/15/23		275		245,437
TCI Communications, Inc., 7.88%, 2/15/26			610		801,512
Time Warner, Inc.:
	4.70%, 1/15/21		350		376,443
	6.10%, 7/15/40		215		230,950
Unitymedia Hessen GmbH & Co. KG/Unitymedia NRW GmbH, 5.50%, 1/15/23 (c)			255		248,625
Univision Communications, Inc., 5.13%, 5/15/23 (c)			1,153		1,153,000
Virgin Media Secured Finance PLC, 6.50%, 1/15/18			525		544,031
					22,344,614

Metals & Mining — 4.0%
Alcoa, Inc., 5.40%, 4/15/21			1,450		1,484,294
ArcelorMittal:
	9.50%, 2/15/15		410		446,900
	4.25%, 2/25/15		174		178,785
	4.25%, 8/05/15		173		179,055
	5.00%, 2/25/17		213		226,046
	6.13%, 6/01/18		313		339,996
Corporate Bonds			Par (000)		Value
Metals & Mining (concluded)
Commercial Metals Co., 4.88%, 5/15/23		USD	534	$	497,955
Corp. Nacional del Cobre de Chile, 3.00%, 7/17/22 (c)			1,565		1,421,726
Freeport-McMoRan Copper & Gold, Inc.:
	3.55%, 3/01/22		540		503,526
	5.45%, 3/15/43		450		422,361
New Gold, Inc., 6.25%, 11/15/22 (c)			440		432,300
Newcrest Finance Pty, Ltd., 4.45%, 11/15/21 (c)			475		401,045
Novelis, Inc., 8.75%, 12/15/20			4,120		4,614,400
Teck Resources, Ltd., 5.38%, 10/01/15			2,359		2,539,855
Wise Metals Group LLC/Wise Alloys Finance Corp., 8.75%, 12/15/18 (c)(h)			602		618,555
Xstrata Canada Corp., 6.20%, 6/15/35			1,250		1,223,529
					15,530,328

Multiline Retail — 0.8%
Dollar General Corp., 3.25%, 4/15/23			2,000		1,830,616
Dufry Finance SCA, 5.50%, 10/15/20 (c)			1,260		1,297,800
					3,128,416

Oil, Gas & Consumable Fuels — 10.7%
Access Midstream Partners LP/ACMP Finance Corp., 6.13%, 7/15/22			400		429,000
Anadarko Petroleum Corp., 5.95%, 9/15/16			1,916		2,157,803
Antero Resources Finance Corp., 5.38%, 11/01/21 (c)			153		154,530
Athlon Holdings LP/Athlon Finance Corp., 7.38%, 4/15/21 (c)			159		166,553
Bonanza Creek Energy, Inc., 6.75%, 4/15/21			99		104,693
BP Capital Markets PLC, 3.13%, 10/01/15 (e)			330		345,417
Burlington Resources Finance Co., 7.40%, 12/01/31 (e)			875		1,155,659
Carrizo Oil & Gas, Inc., 7.50%, 9/15/20			400		438,000
Cenovus Energy, Inc., 6.75%, 11/15/39			750		893,732
Chesapeake Energy Corp., 5.75%, 3/15/23			615		636,525
ConocoPhillips Canada Funding Co., 5.95%, 10/15/36 (e)			535		624,573

BLACKROCK CORE BOND TRUST

NOVEMBER 30, 2013

Schedule of Investments (continued)

BlackRock Core Bond Trust (BHK)

(Percentages shown are based on Net Assets)

Corporate Bonds			Par (000)		Value
Oil, Gas & Consumable Fuels (continued)
Continental Resources, Inc.:
	5.00%, 9/15/22	USD	2,000	$	2,060,000
	4.50%, 4/15/23		113		111,870
Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp., 6.13%, 3/01/22 (c)			110		112,475
Denbury Resources, Inc., 4.63%, 7/15/23			623		562,258
El Paso Natural Gas Co., 8.38%, 6/15/32			275		358,046
Energy Transfer Partners LP, 7.50%, 7/01/38			500		586,224
Energy XXI Gulf Coast, Inc., 9.25%, 12/15/17			455		507,325
Enterprise Products Operating LLC, 6.13%, 10/15/39			700		771,065
KeySpan Gas East Corp., 5.82%, 4/01/41 (c)(e)			505		573,443
Kinder Morgan Energy Partners LP:
	6.50%, 9/01/39 (e)		3,000		3,346,932
	6.55%, 9/15/40		110		121,744
	6.38%, 3/01/41		150		163,859
Kinder Morgan, Inc., 5.63%, 11/15/23 (c)			260		255,790
Kodiak Oil & Gas Corp.:
	8.13%, 12/01/19		110		121,825
	5.50%, 2/01/22 (c)		106		106,000
Linn Energy LLC/Linn Energy Finance Corp., 7.00%, 11/01/19			237		235,815
Marathon Petroleum Corp., 6.50%, 3/01/41			997		1,126,248
MarkWest Energy Partners LP/MarkWest Energy Finance Corp.:
	6.25%, 6/15/22		73		78,293
	4.50%, 7/15/23		25		23,688
Memorial Production Partners LP/Memorial Production Finance Corp., 7.63%, 5/01/21			212		217,830
MidAmerican Energy Co., 5.80%, 10/15/36			700		800,517
MidAmerican Energy Holdings Co. (e):
	5.95%, 5/15/37		800		879,343
	6.50%, 9/15/37		1,900		2,231,198
Nexen, Inc., 7.50%, 7/30/39			1,000		1,274,440
Oasis Petroleum, Inc., 6.88%, 3/15/22 (c)			276		296,700
Offshore Group Investment Ltd., 7.13%, 4/01/23			232		238,960
Pacific Drilling SA, 5.38%, 6/01/20 (c)			368		371,680

Corporate Bonds			Par (000)		Value
Oil, Gas & Consumable Fuels (concluded)
PBF Holding Co. LLC/PBF Finance Corp., 8.25%, 2/15/20		USD	47	$	49,350
PDC Energy, Inc., 7.75%, 10/15/22			260		281,450
Petrobras International Finance Co.:
	3.88%, 1/27/16		1,340		1,385,017
	5.75%, 1/20/20		1,725		1,793,289
Pioneer Natural Resources Co., 3.95%, 7/15/22			350		353,960
Premier Oil PLC, 5.00%, 6/09/18			1,900		1,947,500
Range Resources Corp.:
	5.75%, 6/01/21		107		114,089
	5.00%, 8/15/22		88		86,460
Regency Energy Partners LP/Regency Energy Finance Corp., 4.50%, 11/01/23 (c)			249		227,835
RKI Exploration & Production LLC/RKI Finance Corp., 8.50%, 8/01/21 (c)			118		123,310
Rosetta Resources, Inc., 5.63%, 5/01/21			239		239,896
Sabine Pass Liquefaction LLC (c):
	5.63%, 2/01/21		1,787		1,764,662
	6.25%, 3/15/22		398		397,005
	5.63%, 4/15/23		468		443,430
Sabine Pass LNG LP:
	7.50%, 11/30/16		1,475		1,666,750
	6.50%, 11/01/20		475		491,625
SandRidge Energy, Inc.:
	8.75%, 1/15/20		35		37,800
	7.50%, 2/15/23		382		389,640
Summit Midstream Holdings LLC/Summit Midstream Finance Corp., 7.50%, 7/01/21 (c)			386		403,370
Western Gas Partners LP, 5.38%, 6/01/21			710		763,357
Whiting Petroleum Corp., 5.00%, 3/15/19			821		839,473
The Williams Cos., Inc., Series A, 7.50%, 1/15/31			2,500		2,757,827
					41,197,148

Paper & Forest Products — 0.3%
International Paper Co.:
	7.50%, 8/15/21		75		92,624
	4.75%, 2/15/22		420		443,870
	6.00%, 11/15/41		435		469,367
NewPage Corp., 11.38%, 12/31/14 (a)(b)			397		—
					1,005,861

BLACKROCK CORE BOND TRUST

NOVEMBER 30, 2013

Schedule of Investments (continued)

BlackRock Core Bond Trust (BHK)

(Percentages shown are based on Net Assets)

Corporate Bonds			Par (000)		Value
Pharmaceuticals — 0.9%
Capsugel Finance Co. SCA, 9.88%, 8/01/19 (c)		EUR	200	$	304,032
Jaguar Holding Co. II/Jaguar Merger Sub, Inc., 9.50%, 12/01/19 (c)		USD	520		583,700
Valeant Pharmaceuticals International (c):
	6.75%, 8/15/18		1,321		1,454,751
	6.38%, 10/15/20		575		605,906
	5.63%, 12/01/21 (h)		376		377,880
					3,326,269

Real Estate Investment Trusts (REITs) — 0.7%
Felcor Lodging LP, 5.63%, 3/01/23			247		240,825
Simon Property Group LP, 4.75%, 3/15/42			835		814,378
Ventas Realty LP / Ventas Capital Corp., 4.75%, 6/01/21			275		291,577
Vornado Realty LP, 5.00%, 1/15/22			1,185		1,246,158
					2,592,938

Real Estate Management & Development — 0.6%
Lennar Corp., 4.75%, 11/15/22			440		408,100
Realogy Corp. (c)(e):
	7.88%, 2/15/19		374		408,595
	7.63%, 1/15/20		520		581,100
The Realogy Group LLC/Sunshine Group Florida Ltd., 3.38%, 5/01/16 (c)			476		477,190
WEA Finance LLC, 4.63%, 5/10/21 (c)			305		321,743
					2,196,728

Road & Rail — 0.7%
Burlington Northern Santa Fe LLC, 5.75%, 5/01/40			950		1,035,787
The Hertz Corp.:
	4.25%, 4/01/18		236		238,360
	5.88%, 10/15/20		230		238,625
	7.38%, 1/15/21		620		680,450
	6.25%, 10/15/22		385		400,400
					2,593,622

Semiconductors & Semiconductor Equipment — 0.1%
NXP BV/NXP Funding LLC, 5.75%, 2/15/21 (c)			470		489,388

Software — 0.8%
Activision Blizzard, Inc. (c):
	5.63%, 9/15/21		538		558,848
	6.13%, 9/15/23		188		196,930

Corporate Bonds			Par (000)		Value
Software (concluded)
IAC/InterActiveCorp, 4.75%, 12/15/22		USD	598	$	553,150
Nuance Communications, Inc., 5.38%, 8/15/20 (c)			1,085		1,022,612
Oracle Corp., 5.38%, 7/15/40 (e)			775		832,742
					3,164,282

Specialty Retail — 0.7%
The Home Depot, Inc., 5.88%, 12/16/36 (e)			830		949,483
New Academy Finance Co. LLC/New Academy Finance Corp., 8.00%, 6/15/18 (c)(i)			244		249,797
QVC, Inc. (c):
	7.50%, 10/01/19		395		424,807
	7.38%, 10/15/20		975		1,055,007
					2,679,094

Textiles, Apparel & Luxury Goods — 0.3%
PVH Corp., 4.50%, 12/15/22			490		460,600
SIWF Merger Sub, Inc., 6.25%, 6/01/21 (c)			402		404,010
The William Carter Co., 5.25%, 8/15/21 (c)			328		333,740
					1,198,350

Thrifts & Mortgage Finance — 0.4%
Radian Group, Inc., 5.38%, 6/15/15			1,400		1,445,500

Tobacco — 1.2%
Altria Group, Inc.:
	9.95%, 11/10/38		258		395,295
	10.20%, 2/06/39		447		696,336
	5.38%, 1/31/44		2,015		2,003,327
Lorillard Tobacco Co., 7.00%, 8/04/41			500		542,592
Reynolds American, Inc., 4.75%, 11/01/42			1,050		925,305
					4,562,855

Wireless Telecommunication Services — 2.3%
America Movil SAB de CV, 2.38%, 9/08/16			795		817,175
Crown Castle International Corp., 5.25%, 1/15/23			465		459,187
Crown Castle Towers LLC, 6.11%, 1/15/40 (c)			1,560		1,754,679
Digicel Group Ltd., 8.25%, 9/30/20 (c)			460		480,700
Digicel Ltd., 6.00%, 4/15/21 (c)			750		723,750
Rogers Communications, Inc., 7.50%, 8/15/38 (e)			1,150		1,458,168

BLACKROCK CORE BOND TRUST

NOVEMBER 30, 2013

Schedule of Investments (continued)

BlackRock Core Bond Trust (BHK)

(Percentages shown are based on Net Assets)

Corporate Bonds			Par (000)		Value
Wireless Telecommunication Services (concluded)
SBA Tower Trust, 5.10%, 4/15/42 (c)		USD	360	$	388,810
Sprint Communications, Inc. (c):
	9.00%, 11/15/18		530		641,300
	7.00%, 3/01/20		888		987,900
Sprint Corp., 7.88%, 9/15/23 (c)			1,161		1,271,295
					8,982,964

Total Corporate Bonds — 86.1%					331,933,213



Foreign Agency Obligations
Italy Government International Bond, 5.38%, 6/15/33			455		478,706
Slovenia Government Bond, Series RS65, 4.38%, 4/02/14		EUR	1,600		2,191,626
Slovenia Government International Bond, 5.85%, 5/10/23 (c)		USD	432		435,240
Total Foreign Agency Obligations — 0.8%					3,105,572



Municipal Bonds

City of Detroit Michigan, GO, Taxable Capital Improvement, Limited Tax, Series A-2, 8.00%, 4/01/14 (a)(b)			1,525		487,970
East Bay Municipal Utility District, RB, Build America Bonds, 5.87%, 6/01/40			950		1,110,198
Indianapolis Local Public Improvement Bond Bank, RB, Build America Bonds, 6.12%, 1/15/40			1,275		1,497,640
Metropolitan Transportation Authority, RB, Build America Bonds, Series C, 7.34%, 11/15/39			625		837,081
Municipal Electric Authority of Georgia Plant Vogtle Units 3 & 4, Refunding RB, Build America Bonds, 7.06%, 4/01/57			1,000		1,026,090
New York City Municipal Water Finance Authority, Refunding RB, 2nd General Resolution:
	Series EE, 5.38%, 6/15/43		385		406,564
	Series EE, 5.50%, 6/15/43		465		494,816
	Series GG, Build America Bonds, 5.72%, 6/15/42		700		814,443
New York State Dormitory Authority, RB, Build America Bonds:
	5.63%, 3/15/39		550		614,097

Municipal Bonds			Par (000)		Value

New York State Dormitory Authority, RB, Build America Bonds (concluded):
	5.60%, 3/15/40	USD	950	$	1,050,634
Port Authority of New York & New Jersey, RB, Consolidated, 159th Series, 6.04%, 12/01/29			385		447,555
State of California, GO:
	Build America Bonds, 7.63%, 3/01/40		860		1,158,291
	Various Purpose, 7.55%, 4/01/39		140		188,962
State of Illinois, GO, 5.10%, 6/01/33			1,000		917,950
University of California, RB, Build America Bonds, 5.95%, 5/15/45			445		505,645
Total Municipal Bonds — 3.0%					11,557,936



Non-Agency Mortgage-Backed Securities

Collateralized Mortgage Obligations — 2.0%
Banc of America Funding Corp., Series 2007-2, Class 1A2, 6.00%, 3/25/37			769		677,012
Countrywide Alternative Loan Trust:
	Series 2005-64CB, Class 1A15, 5.50%, 12/25/35		1,159		1,021,688
	Series 2006-OA21, Class A1, 0.36%, 3/20/47 (d)		715		524,158
	Series 2007-HY4, Class 4A1, 4.80%, 6/25/47 (d)		555		452,589
Countrywide Home Loan Mortgage Pass-Through Trust:
	Series 2006-OA5, Class 2A1, 0.37%, 4/25/46 (d)		290		219,739
	Series 2007-10, Class A22, 6.00%, 7/25/37		432		382,709
Credit Suisse Mortgage Capital Certificates, Series 2011-2R, Class 2A1, 2.63%, 7/27/36 (c)(d)			1,068		1,061,814
GMAC Mortgage Corp. Loan Trust, Series 2005-AR3, Class 5A1, 5.20%, 6/19/35 (d)			734		729,806
GSR Mortgage Loan Trust:
	Series 2006-4F, Class 1A1, 5.00%, 5/25/36		320		302,149
	Series 2007-4F, Class 3A1, 6.00%, 7/25/37		519		477,263
Homebanc Mortgage Trust, Series 2006-2, Class A1, 0.35%, 12/25/36 (d)			502		424,737

BLACKROCK CORE BOND TRUST

NOVEMBER 30, 2013

Schedule of Investments (continued)

BlackRock Core Bond Trust (BHK)

(Percentages shown are based on Net Assets)

Non-Agency Mortgage-Backed Securities			Par (000)		Value

Collateralized Mortgage Obligations (concluded)
Indymac IMJA Mortgage Loan Trust, Series 2007-A1, Class A4, 6.00%, 8/25/37		USD	629	$	540,047
JP Morgan Mortgage Trust, Series 2006-S3, Class 1A12, 6.50%, 8/25/36			193		169,262
Merrill Lynch Mortgage Investors, Inc., Series 2006-A3, Class 3A1, 2.90%, 5/25/36 (d)			561		461,707
Wells Fargo Mortgage Backed Securities Trust, Series 2007-10, Class 1A21, 6.00%, 7/25/37			34		31,779
					7,476,459

Commercial Mortgage-Backed Securities — 14.3%
Banc of America Merrill Lynch Commercial Mortgage Trust, Class A4:
	Series 2007-1, 5.45%, 1/15/49		500		542,689
	Series 2007-2, 5.79%, 4/10/49 (d)		750		837,881
Bear Stearns Commercial Mortgage Securities Trust, Series 2005-PWR9, Class A4A, 4.87%, 9/11/42			800		842,303
Citigroup Commercial Mortgage Trust (d):
	Series 2008-C7, Class A4, 6.34%, 12/10/49		1,370		1,566,224
	Series 2013-GC15, Class B, 5.28%, 9/10/46		3,590		3,814,684
	Series 2013-GC15, Class XA, 1.48%, 9/10/46		13,282		1,008,738
Citigroup/Deutsche Bank Commercial Mortgage Trust, Series 2006-CD3, Class AM, 5.65%, 10/15/48			1,093		1,199,501
Commercial Mortgage Pass-Through Certificates:
	Series 2006-C7, Class AM, 5.97%, 6/10/46 (d)		1,750		1,887,163
	Series 2013-CR11, Class B, 5.33%, 10/10/46 (d)		3,495		3,674,601
	Series 2013-CR11, Class C, 5.34%, 10/10/46 (c)(d)		3,260		3,285,177
	Series 2013-LC6, Class B, 3.74%, 1/10/46		695		663,286
	Series 2013-LC6, Class D, 4.43%, 1/10/46 (c)(d)		835		722,009

Non-Agency Mortgage-Backed Securities			Par (000)		Value

Commercial Mortgage-Backed Securities (continued)
Credit Suisse First Boston Mortgage Securities Corp., Series 2005-C3, Class AJ, 4.77%, 7/15/37		USD	705	$	728,425
Credit Suisse Mortgage Capital Certificates:
	Series 2006-C3, Class AM, 5.99%, 6/15/38 (d)		1,000		1,091,788
	Series 2006-C5, Class AM, 5.34%, 12/15/39		1,750		1,874,105
	Series 2010-RR2, Class 2A, 5.95%, 9/15/39 (c)(d)		1,010		1,119,796
DBRR Trust, Series 2011-C32, Class A3A, 5.92%, 6/17/49 (c)(d)			365		401,318
Greenwich Capital Commercial Funding Corp., Series 2006-GG7, Class A4, 6.02%, 7/10/38 (d)			1,145		1,258,078
GS Mortgage Securities Trust, Series 2013-GC10, Class B, 3.68%, 2/10/46 (c)			1,250		1,195,730
Hilton USA Trust, Series 2013- HLT, 4.41%, 11/05/30 (h)			2,950		2,964,747
JPMorgan Chase Commercial Mortgage Securities Corp.:
	Series 2004-CB8, Class A1A, 4.16%, 1/12/39 (c)		963		968,239
	Series 2004-LN2, Class A2, 5.12%, 7/15/41		767		779,373
	Series 2006-CB14, Class AM, 5.63%, 12/12/44 (d)		330		356,092
LB-UBS Commercial Mortgage Trust (d):
	Series 2004-C8, Class C, 4.93%, 12/15/39		1,385		1,416,952
	Series 2007-C6, Class A4, 5.86%, 7/15/40		5,201		5,721,105
	Series 2007-C7, Class A3, 5.87%, 9/15/45		1,108		1,241,298
Morgan Stanley Capital I, Series 2007-HQ11, Class A4, 5.45%, 2/12/44 (d)			4,000		4,394,952
Morgan Stanley Reremic Trust, Series 2011, Class A, 2.50%, 3/23/51 (c)			271		274,762
RCMC LLC, Series 2012-CRE1, Class A, 5.62%, 11/15/44 (c)			886		888,511
Titan Europe PLC, Series 2007-1X, Class A, 0.77%, 1/20/17 (d)		GBP	1,607		2,426,310

BLACKROCK CORE BOND TRUST

NOVEMBER 30, 2013

Schedule of Investments (continued)

BlackRock Core Bond Trust (BHK)

(Percentages shown are based on Net Assets)

Non-Agency Mortgage-Backed Securities			Par (000)		Value

Commercial Mortgage-Backed Securities (concluded)
Wachovia Bank Commercial Mortgage Trust:
	Series 2006-C28, Class A2, 5.50%, 10/15/48	USD	1,187	$	1,194,880
	Series 2007-C33, Class A4, 6.12%, 2/15/51 (d)		2,185		2,420,244
WF-RBS Commercial Mortgage Trust:
	Series 2012-C8, Class B, 4.31%, 8/15/45		695		703,561
	Series 2012-C8, Class C, 5.04%, 8/15/45 (d)		895		907,483
	Series 2013-C11, Class D, 4.32%, 3/15/45 (c)(d)		800		687,740
					55,059,745

Interest Only Commercial Mortgage-Backed Securities — 1.2%
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2012-C5, Class XA, 2.05%, 8/15/45 (c)(d)			15,698		1,522,114
Morgan Stanley Capital I, Inc., Series 2012-C4, Class XA, 2.86%, 3/15/45 (c)(d)			9,443		1,186,553
WF-RBS Commercial Mortgage Trust, Class XA (c)(d):
	Series 2012-C8, 2.40%, 8/15/45		6,013		719,325
	Series 2012-C9, 2.42%, 11/15/45		10,714		1,346,076
					4,774,068

Total Non-Agency Mortgage-Backed Securities — 17.5%					67,310,272


US Government Sponsored Agency Securities
Agency Obligations — 2.6%
Fannie Mae(e):
	2.69%, 10/09/19 (j)		7,055		6,034,388
	5.63%, 7/15/37 (k)		775		950,682
Federal Home Loan Bank (e):
	5.25%, 12/09/22		675		791,608
	5.37%, 9/09/24		1,075		1,252,116
Resolution Funding Corp. (j):
	1.54%, 7/15/18		525		489,001
	1.50%, 10/15/18		525		488,075
					10,005,870

Collateralized Mortgage Obligations — 0.2%
Fannie Mae Mortgage-Backed Securities, Series 2005-5, Class PK, 5.00%, 12/25/34			352		375,817

US Government Sponsored Agency Securities			Par (000)		Value

Collateralized Mortgage Obligations (concluded)
Freddie Mac Mortgage-Backed Securities, Series 2825, Class VP, 5.50%, 6/15/15		USD	120	$	120,063
					495,880

Commercial Mortgage-Backed Securities — 0.7%
Freddie Mac Mortgage-Backed Securities (d):
	Series K013, Class A2, 3.97%, 1/25/21		940		1,016,035
	Series 2012-K706, Class C, 4.16%, 11/25/44 (c)		165		161,377
	Series 2013-K24, Class B, 3.62%, 11/25/45 (c)		1,750		1,609,485
					2,786,897

Interest Only Collateralized Mortgage Obligations — 2.3%
Fannie Mae Mortgage-Backed Securities:
	Series 2012-47, Class NI, 4.50%, 4/25/42		5,258		1,033,932
	Series 2012-96, Class DI, 4.00%, 2/25/27		7,130		878,289
	Series 2012-M9, Class X1, 4.25%, 12/25/17 (d)		13,172		1,790,313
Freddie Mac Mortgage-Backed Securities:
	Series 2611, Class QI, 5.50%, 9/15/32		1,037		109,972
	Series K707, Class X1, 1.69%, 12/25/18 (d)		2,493		167,693
	Series K710, Class X1, 1.91%, 5/25/19 (d)		8,604		706,666
Ginnie Mae Mortgage-Backed Securities (d):
	Series 2009-116, Class KS, 6.30%, 12/16/39		3,204		475,062
	Series 2009-78, Class SD, 6.03%, 9/20/32		5,586		865,469
	Series 2011-52, Class NS, 6.50%, 4/16/41		15,296		2,851,243
					8,878,639

Mortgage-Backed Securities — 7.7%
Fannie Mae Mortgage-Backed Securities:
	5.00%, 8/01/34 (e)		2,568		2,792,308
	5.50%, 6/01/38 (e)		1,599		1,757,784
	6.00%, 12/01/38 (e)		1,346		1,481,828
	4.50%, 7/01/41 (e)		3,987		4,260,499
	4.00%, 12/01/41 (e)		3,190		3,329,149
	3.00%, 12/01/43 (l)		16,300		15,721,223

BLACKROCK CORE BOND TRUST

NOVEMBER 30, 2013

Schedule of Investments (continued)

BlackRock Core Bond Trust (BHK)

(Percentages shown are based on Net Assets)

US Government Sponsored Agency Securities			Par (000)		Value

Mortgage-Backed Securities (concluded)
Freddie Mac Mortgage-Backed Securities, 6.00%, 12/1/13 - 12/1/18		USD	332	$	348,979
Ginnie Mae Mortgage-Backed Securities, 5.50%, 8/15/33			64		71,484
					29,763,254

Total US Government Sponsored Agency Securities — 13.5%					51,930,540



US Treasury Obligations
US Treasury Bonds:
	8.13%, 8/15/21 (e)		1,550		2,202,817
	6.25%, 8/15/23 (e)		5,085		6,670,488
	3.50%, 2/15/39 (e)		330		318,192
	4.25%, 5/15/39 (e)		6,045		6,599,441
	4.38%, 5/15/40 (e)		6,375		7,089,198
	4.75%, 2/15/41 (e)		1,630		1,919,833
	4.38%, 5/15/41 (e)		800		888,500
	3.13%, 11/15/41 (e)		9,930		8,783,393
	3.13%, 2/15/42 (e)		6,268		5,533,466
	3.00%, 5/15/42 (e)		2,730		2,345,239
	3.13%, 2/15/43		2,337		2,049,183
US Treasury Notes:
	2.25%, 7/31/18 (e)		495		517,778
	1.75%, 5/15/22		156		147,420
Total US Treasury Obligations — 11.7%					45,064,948



Preferred Securities

Capital Trusts

Capital Markets — 0.4%
The Bank of New York Mellon Corp., Series D, 4.50% (d)(g)			1,698		1,528,200
State Street Capital Trust IV, 1.25%, 6/01/77 (d)			70		54,005
					1,582,205

Commercial Banks — 0.9%
BNP Paribas SA, 7.20% (c)(d)(g)			1,000		1,036,250
BPCE SA, 12.50% (c)(d)(g)			800		1,040,000
Fifth Third Capital Trust IV, 6.50%, 4/15/67 (d)			505		504,369
Wachovia Capital Trust III, 5.57% (d)(g)			1,025		953,865
					3,534,484

Diversified Financial Services — 0.9%
Capital One Financial Corp., 4.75%, 7/15/21			960		1,026,918

Capital Trusts			Par (000)		Value

Diversified Financial Services (concluded)
General Electric Capital Corp., Series B, 6.25% (d)(g)		USD	900	$	929,250
JPMorgan Chase & Co., Series Q, 5.15% (d)(g)			1,500		1,350,000
					3,306,168

Electric Utilities — 0.5%
Electricite de France SA, 5.25% (c)(d)(g)			2,100		2,074,800

Insurance — 2.7%
The Allstate Corp., 6.50%, 5/15/67 (d)(e)			1,950		2,028,000
AXA SA, 6.46% (c)(d)(g)			1,025		1,042,937
Genworth Holdings, Inc., 6.15%, 11/15/66 (d)			1,150		1,023,500
Metlife Capital Trust IV, 7.88%, 12/15/67 (c)			640		731,200
MetLife, Inc., 6.40%, 12/15/66			3,500		3,587,500
Swiss Re Capital I LP, 6.85% (c)(d)(g)			1,060		1,123,600
XL Group PLC, Series E, 6.50% (d)(g)			815		798,700
					10,335,437

Total Capital Trusts — 5.4%					20,833,094



Preferred Stocks			Shares


Capital Markets — 0.3%
The Goldman Sachs Group, Inc., Series J, 5.50% (d)			46,000		1,045,120

Commercial Banks — 1.0%
US Bancorp, Series G, 6.00% (d)			150,000		4,101,000

Total Preferred Stocks — 1.3%					5,146,120



Trust Preferreds
Commercial Banks — 0.1%
Citigroup Capital XIII, 7.88%, 10/30/40 (d)			14,773		402,128
Total Preferred Securities – 6.8%					26,381,342

Total Long-Term Investments (Cost — $550,413,028) — 146.2%					563,687,262

BLACKROCK CORE BOND TRUST

NOVEMBER 30, 2013

Schedule of Investments (continued)

BlackRock Core Bond Trust (BHK)

(Percentages shown are based on Net Assets)

Short-Term Securities	Shares		Value

BlackRock Liquidity Funds, TempFund, Institutional Class, 0.07% (m)(n)	5,416,074	$	5,416,074

Total Short-Term Securities (Cost — $5,416,074) — 1.4%			5,416,074

Options Purchased (Cost — $838,948) — 0.2%			923,634

Total Investments Before Options Written *(Cost — $556,668,050) — 147.8%**			570,026,970

Options Written (Premiums Received — $1,745,435) — (0.5)%			(1,753,150)

Total Investments, Net of Options Written (Cost — $554,922,615) — 147.3%			568,273,820
Liabilities in Excess of Other Assets — (47.3)%			(182,649,687)

Net Assets — 100.0%		$	385,624,133

*	As of November 30, 2013, gross unrealized appreciation and depreciation based on cost for federal income tax purposes were as follows:

Tax cost	$	557,166,080
Gross unrealized appreciation	$	25,969,649
Gross unrealized depreciation		(13,108,759)
Net unrealized appreciation	$	12,860,890

Notes to Schedule of Investments
(a)	Non-income producing security.
(b)	Issuer filed for bankruptcy and/or is in default of principal and/or interest payments.
(c)	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.
(d)	Variable rate security. Rate shown is as of report date.
(e)	All or a portion of security has been pledged as collateral for open reverse repurchase agreements.
(f)	Convertible security.
(g)	Security is perpetual in nature and has no stated maturity date.
(h)	When-issued security. Unsettled when-issued transactions were as follows:



Counterparty		Value			Unrealized Appreciation

Bank of America N.A.	$		618,555	$		16,555
Barclays Capital, Inc.	$		279,390	$		1,390
Goldman Sachs & Co.	$		377,880	$		1,880
J.P. Morgan Securities LLC	$		2,964,747			—

(i)	Represents a 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.
(j)	Represents a zero-coupon bond. Rate shown reflects the current yield as of report date.
(k)	All or a portion of security has been pledged in connection with open financial futures contracts.

BLACKROCK CORE BOND TRUST

NOVEMBER 30, 2013

Schedule of Investments (continued)

BlackRock Core Bond Trust (BHK)

(l)	Represents or includes a TBA transaction. Unsettled TBA transactions as of November 30, 2013 were as follows:

Counterparty	Value			Unrealized Depreciation
Credit Suisse Securities (USA) LLC	$	7,812,387	$	(201,551)
JP Morgan Securities LLC	$	3,954,418	$	(62,301)
Morgan Stanley & Co. LLC	$	3,954,418	$	(35,074)

(m)	Investments in issuers considered to be an affiliate of the Trust during the period ended November 30, 2013, for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:


Affiliate	Shares Held at August 31, 2013		Net Activity	Shares Held at November 30, 2013		Income

BlackRock Liquidity Funds, TempFund, Institutional Class	5,335,491	80,583		5,416,074	$	505

(n)	Represents the current yield as of report date.

Portfolio Abbreviations
To simplify the listings of portfolio holdings in the Schedule of Investments, the names and descriptions of many of the securities have been abbreviated according to the following list:

ADS	American Depositary Shares
CLO	Collateralized Loan Obligation
EUR	Euro
Fannie Mae	Federal National Mortgage Association
Freddie Mac	Federal Home Loan Mortgage Corp.
GBP	British Pound
Ginnie Mae	Government National Mortgage Association
GO	General Obligation Bonds
LIBOR	London Interbank Offered Rate
MBS	Mortgage-Backed Security
NYSE	New York Stock Exchange
Radian	Radian Guaranty, Inc.
RB	Revenue Bonds
USD	US Dollar

•	Reverse repurchase agreements outstanding as of November 30, 2013 were as follows:


Counterparty	Interest Rate	Trade Date	Maturity Date¹		Face Value		Face Value Including Accrued Interest
UBS Securities LLC	0.28%	1/15/13	Open	$	3,529,338	$	3,538,095
UBS Securities LLC	0.32%	1/15/13	Open		1,438,650		1,442,729
UBS Securities LLC	0.32%	1/15/13	Open		2,606,875		2,614,267
UBS Securities LLC	0.32%	1/15/13	Open		1,571,500		1,575,956
UBS Securities LLC	0.32%	1/15/13	Open		1,421,275		1,425,305
UBS Securities LLC	0.32%	1/15/13	Open		985,500		988,294
UBS Securities LLC	0.32%	1/15/13	Open		2,375,000		2,381,734
UBS Securities LLC	0.32%	1/15/13	Open		2,622,000		2,629,435
UBS Securities LLC	0.33%	1/15/13	Open		707,000		709,067
UBS Securities LLC	0.33%	1/15/13	Open		170,100		170,597
UBS Securities LLC	0.33%	1/15/13	Open		382,775		383,894

BLACKROCK CORE BOND TRUST

NOVEMBER 30, 2013

Schedule of Investments (continued)

BlackRock Core Bond Trust (BHK)

•	Reverse repurchase agreements outstanding as of November 30, 2013 were as follows (continued):


Counterparty	Interest Rate	Trade Date	Maturity Date¹		Face Value		Face Value Including Accrued Interest
UBS Securities LLC	0.33%	1/15/13	Open	$	1,223,250	$	1,226,827
UBS Securities LLC	0.34%	1/15/13	Open		1,179,063		1,182,614
UBS Securities LLC	0.34%	1/15/13	Open		334,950		335,959
UBS Securities LLC	0.34%	1/15/13	Open		1,473,750		1,478,190
UBS Securities LLC	0.34%	1/15/13	Open		561,600		563,292
UBS Securities LLC	0.34%	1/15/13	Open		4,466,948		4,480,406
UBS Securities LLC	0.34%	1/15/13	Open		1,950,000		1,955,875
UBS Securities LLC	0.34%	1/15/13	Open		871,500		874,126
UBS Securities LLC	0.34%	1/15/13	Open		1,181,250		1,184,809
UBS Securities LLC	0.34%	1/15/13	Open		1,354,500		1,358,581
UBS Securities LLC	0.34%	1/15/13	Open		762,500		764,797
UBS Securities LLC	0.34%	1/15/13	Open		733,125		735,334
UBS Securities LLC	0.34%	1/15/13	Open		904,813		907,538
UBS Securities LLC	0.34%	1/15/13	Open		784,688		787,051
UBS Securities LLC	0.34%	1/15/13	Open		602,213		604,026
UBS Securities LLC	0.40%	1/15/13	Open		496,600		494,400
BNP Paribas Securities Corp.	0.35%	1/22/13	Open		883,000		885,687
BNP Paribas Securities Corp.	0.35%	1/22/13	Open		1,243,000		1,246,783
Credit Suisse Securities (USA) LLC	0.35%	2/01/13	Open		1,875,750		1,881,276
Credit Suisse Securities (USA) LLC	0.35%	2/01/13	Open		1,797,390		1,802,685
Deutsche Bank Securities, Inc.	0.07%	2/07/13	Open		2,194,388		2,195,629
Deutsche Bank Securities, Inc.	0.15%	2/07/13	Open		6,155,488		6,161,197
UBS Securities LLC	0.34%	2/07/13	Open		642,000		643,801
UBS Securities LLC	0.34%	2/07/13	Open		1,095,375		1,098,448
BNP Paribas Securities Corp.	0.32%	2/08/13	Open		1,968,000		1,973,178
BNP Paribas Securities Corp.	0.32%	2/08/13	Open		505,000		506,329
BNP Paribas Securities Corp.	0.11%	2/14/13	Open		9,942,402		9,949,232
BNP Paribas Securities Corp.	0.33%	2/14/13	Open		1,020,000		1,022,711
BNP Paribas Securities Corp.	0.34%	2/28/13	Open		2,269,000		2,274,915
BNP Paribas Securities Corp.	0.34%	2/28/13	Open		1,109,000		1,111,891
BNP Paribas Securities Corp.	0.33%	3/07/13	Open		1,884,000		1,888,646
BNP Paribas Securities Corp.	0.33%	3/07/13	Open		2,313,000		2,318,703
BNP Paribas Securities Corp.	0.33%	3/11/13	Open		879,000		881,135
BNP Paribas Securities Corp.	0.33%	3/11/13	Open		983,000		985,388
Barclays Capital, Inc.	0.35%	4/02/13	Open		369,609		370,479
Barclays Capital, Inc.	0.35%	4/02/13	Open		280,250		280,909
Barclays Capital, Inc.	0.35%	4/02/13	Open		553,138		554,438
Barclays Capital, Inc.	0.35%	4/02/13	Open		480,938		482,069
Barclays Capital, Inc.	0.35%	4/02/13	Open		995,363		997,704
Barclays Capital, Inc.	0.35%	4/02/13	Open		544,531		545,811
Barclays Capital, Inc.	0.35%	4/02/13	Open		304,000		304,715
Barclays Capital, Inc.	0.35%	4/02/13	Open		5,725,080		5,738,550
Barclays Capital, Inc.	0.35%	4/02/13	Open		727,819		729,531
BNP Paribas Securities Corp.	0.09%	4/02/13	Open		2,719,763		2,721,119
BNP Paribas Securities Corp.	0.10%	4/02/13	Open		533,363		533,610
Merrill Lynch, Pierce, Fenner & Smith Inc.	0.07%	4/02/13	Open		7,246,125		7,249,547
Merrill Lynch, Pierce, Fenner & Smith Inc.	0.08%	4/02/13	Open		7,563,806		7,567,319
Merrill Lynch, Pierce, Fenner & Smith Inc.	0.13%	4/02/13	Open		875,813		876,368
Merrill Lynch, Pierce, Fenner & Smith Inc.	0.13%	4/02/13	Open		1,097,844		1,098,541
BNP Paribas Securities Corp.	0.12%	4/03/13	Open		851,538		852,089

BLACKROCK CORE BOND TRUST

NOVEMBER 30, 2013

Schedule of Investments (continued)

BlackRock Core Bond Trust (BHK)

•	Reverse repurchase agreements outstanding as of November 30, 2013 were as follows (concluded):


Counterparty	Interest Rate	Trade Date	Maturity Date¹		Face Value			Face Value Including Accrued Interest
Credit Suisse Securities (USA) LLC	0.35%	4/03/13	Open	$	1,648,500		$	1,652,363
Credit Suisse Securities (USA) LLC	0.35%	4/03/13	Open		3,437,844			3,445,899
Credit Suisse Securities (USA) LLC	0.35%	4/03/13	Open		2,020,500			2,025,234
Credit Suisse Securities (USA) LLC	0.35%	4/03/13	Open		1,700,969			1,704,954
UBS Securities LLC	0.32%	4/11/13	Open		1,630,000			1,633,390
UBS Securities LLC	0.40%	4/11/13	Open		4,055,063			4,065,606
Merrill Lynch, Pierce, Fenner & Smith Inc.	0.07%	4/25/13	Open		8,430,938			8,432,922
BNP Paribas Securities Corp.	0.05%	4/29/13	Open		1,039,000			1,039,141
BNP Paribas Securities Corp.	0.11%	4/29/13	Open		377,850			377,931
BNP Paribas Securities Corp.	0.34%	5/24/13	Open		1,342,000			1,344,421
Barclays Capital, Inc.	0.60%	6/03/13	Open		3,258,750			3,268,526
Barclays Capital, Inc.	0.35%	6/24/13	Open		3,334,398			3,339,585
BNP Paribas Securities Corp.	0.07%	6/24/13	Open		5,876,250			5,877,386
Deutsche Bank Securities, Inc.	0.34%	8/29/13	Open		1,850,000			1,851,625
Credit Suisse Securities (USA) LLC	0.10%	9/17/13	Open		2,199,063			2,199,498
BNP Paribas Securities Corp.	0.34%	9/30/13	Open		3,569,000			3,571,090
BNP Paribas Securities Corp.	0.36%	9/30/13	Open		2,294,000			2,295,422
BNP Paribas Securities Corp.	0.36%	9/30/13	Open		871,000			871,540
BNP Paribas Securities Corp.	0.36%	9/30/13	Open		1,529,000			1,529,948
Deutsche Bank Securities, Inc.	0.00%	10/03/13	Open		348,000			347,644
BNP Paribas Securities Corp.	0.35%	10/22/13	Open		4,540,900			4,542,622
Credit Suisse Securities (USA) LLC	0.35%	10/22/13	Open		2,125,413			2,126,219
Barclays Capital, Inc.	0.17%	11/12/13	12/11/13			13,239,000		13,240,125
Total				$	177,035,974		$	177,306,722

¹	Certain agreements have no stated maturity and can be terminated by either party at any time.
•	Financial futures contracts as of November 30, 2013 were as follows:

Contracts Purchased/ Sold	Issue	Exchange	Expiration	Notional Value			Unrealized Appreciation (Depreciation)
(586)	10-Year US Treasury Note	Chicago Board of Trade	March 2014	USD	73,469,750	$	(99,954	)
221	Long US Treasury Bond	Chicago Board of Trade	March 2014	USD	28,895,750		12,490
112	Ultra Long US Treasury Bond	Chicago Board of Trade	March 2014	USD	15,582,000		65,349
71	2-Year US Treasury Note	Chicago Board of Trade	March 2014	USD	15,641,078		4,997
286	5-Year US Treasury Note	Chicago Board of Trade	March 2014	USD	34,583,657		30,422
150	90-Day Euribor Future	NYSE Liffe	December 2014	USD	50,802,168		131,594
(197)	90-Day Euro-Dollar	Chicago Mercantile	December 2014	USD	49,077,625		(127,4940	)

Total						$	17,404

BLACKROCK CORE BOND TRUST

NOVEMBER 30, 2013

Schedule of Investments (continued)

BlackRock Core Bond Trust (BHK)

•	Foreign currency exchange contracts as of November 30, 2013 were as follows:

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

USD	4,512,950	EUR	3,342,000	Barclays Bank PLC	1/22/14	$	(28,260)
GBP	1,639,000	USD	2,603,940	Citibank N.A.	1/23/14		76,969
USD	10,626,477	GBP	6,584,000	Barclays Bank PLC	1/23/14		(142,959)
USD	161,425	GBP	100,000	Deutsche Bank AG	1/23/14		(2,144)
Total						$	(96,394)

•	Over-the-counter interest rate swaptions purchased as of November 30, 2013 were as follows:

Description

Counterparty

Put/
Call

Exercise
Rate

Pay/Receive
Exercise Rate

Floating Rate
Index

Expiration
Date

Notional
Amount
(000)

Market
Value

1-Year Interest Rate Swap

Bank of America N.A.

Put

0.60%

Pay

3-month LIBOR

10/02/14

USD

49,900

35,474

1-Year Interest Rate Swap

Bank of America N.A.

Call

0.60%

Receive

3-month LIBOR

10/02/14

USD

49,900

125,754

10-Year Interest Rate Swap

Deutsche Bank AG

Put

4.10%

Pay

3-month LIBOR

2/22/16

USD

2,500

96,130

10-Year Interest Rate Swap

Deutsche Bank AG

Put

4.50%

Pay

3-month LIBOR

3/16/17

USD

6,300

294,050

10-Year Interest Rate Swap

Deutsche Bank AG

Put

4.50%

Pay

3-month LIBOR

5/22/18

USD

6,000

372,226

Total

923,634

•	Over-the-counter interest rate swaptions written as of November 30, 2013 were as follows:

Description

Counterparty

Put/
Call

Exercise
Rate

Pay/Receive
Exercise Rate

Floating Rate
Index

Expiration
Date

Notional
Amount
(000)

Market
Value

5-Year Interest Rate Swap

Barclays Bank
PLC

Call

1.50%

Pay

3-month LIBOR

4/08/14

USD

15,200

(60,637)

5-Year Interest Rate Swap

JPMorgan Chase
Bank N.A.

Put

2.00%

Receive

3-month LIBOR

4/08/14

USD

15,200

(67,504)

5-Year Interest Rate Swap

JPMorgan Chase
Bank N.A.

Put

2.00%

Receive

3-month LIBOR

7/11/14

USD

15,500

(161,467)

5-Year Interest Rate Swap

JPMorgan Chase
Bank N.A.

Call

1.35%

Pay

3-month LIBOR

7/11/14

USD

15,500

(31,871)

10-Year Interest Rate Swap

Barclays Bank
PLC

Put

3.26%

Receive

3-month LIBOR

11/14/14

USD

6,200

(195,274)

10-Year Interest Rate Swap

Barclays Bank
PLC

Call

3.26%

Pay

3-month LIBOR

11/14/14

USD

6,200

(193,900)

10-Year Interest Rate Swap

JPMorgan Chase
Bank N.A.

Call

3.25%

Pay

3-month LIBOR

11/14/14

USD

6,200

(192,411)

10-Year Interest Rate Swap

JPMorgan Chase
Bank N.A.

Put

3.25%

Receive

3-month LIBOR

11/14/14

USD

6,200

(196,498)

10-Year Interest Rate Swap

Deutsche Bank AG

Put

3.70%

Receive

3-month LIBOR

11/17/14

USD

7,500

(133,388)

10-Year Interest Rate Swap

Deutsche Bank AG

Put

6.00%

Receive

3-month LIBOR

3/16/17

USD

12,600

(210,421)

BLACKROCK CORE BOND TRUST

NOVEMBER 30, 2013

Schedule of Investments (continued)

BlackRock Core Bond Trust (BHK)

•	Over-the-counter interest rate swaptions written as of November 30, 2013 were as follows (concluded):

Description

Counterparty

Put/
Call

Exercise
Rate

Pay/Receive
Exercise Rate

Floating Rate
Index

Expiration
Date

Notional
Amount
(000)

Market
Value

10-Year Interest Rate Swap

Deutsche Bank AG

Put

6.00%

Receive

3-month LIBOR

5/22/18

USD

12,000

(309,779)

Total

(1,753,150)

•	Centrally cleared interest rate swaps outstanding as of November 30, 2013 were as follows:

Fixed
Rate

Floating
Rate

Clearinghouse

Effective
Date

Expiration
Date

Notional
Amount
(000)

Unrealized
Appreciation
(Depreciation)

0.56%¹

3-month
LIBOR

Chicago Mercantile

N/A

6/25/15

USD

20,900

(74,856)

0.68%¹

3-month
LIBOR

Chicago Mercantile

2/03/14²

2/01/16

USD

20,800

(101,200)

1.16%¹

3-month
LIBOR

Chicago Mercantile

1/06/14²

2/28/18

USD

36,900

15,935

1.17%¹

3-month
LIBOR

Chicago Mercantile

1/06/14²

2/28/18

USD

500

(340)

1.47%¹

3-month
LIBOR

Chicago Mercantile

N/A

11/08/18

USD

3,700

8,839

1.89%³

3-month
LIBOR

Chicago Mercantile

2/03/14²

2/01/19

USD

8,500

126,741

2.81%¹

3-month
LIBOR

Chicago Mercantile

N/A

11/19/23

USD

2,300

5,833

2.79%¹

3-month
LIBOR

Chicago Mercantile

N/A

11/19/23

USD

6,000

23,424

4.27% ³

3-month
LIBOR

Chicago Mercantile

8/23/16²

8/23/26

USD

1,500

30,791

3.57%¹

3-month
LIBOR

Chicago Mercantile

N/A

11/01/43

USD

5,500

194,050

3.76%¹

3-month
LIBOR

Chicago Mercantile

N/A

11/18/43

USD

2,300

(1,670)

3.72%¹

3-month
LIBOR

Chicago Mercantile

N/A

11/19/43

USD

2,300

17,417

Total

244,964

¹	Trust pays the fixed rate and receives the floating rate.
²	Forward Interest rate swap
³	Trust pays the floating rate and receives the fixed rate.

BLACKROCK CORE BOND TRUST

NOVEMBER 30, 2013

Schedule of Investments (continued)

BlackRock Core Bond Trust (BHK)

•	Over-the-counter credit default swaps – buy protection outstanding as of November 30, 2013 were as follows:

	Issuer	Pay Fixed Rate	Counterparty	Expiration Date	Notional Amount (000)				Market Value					Premiums Paid			Unrealized Depreciation

	Radian Group, Inc.	5.00%	Citibank N.A.	6/20/15	USD	1,400		$	(76,824)		$			25,249	$		(102,073)
	The New York Times Co.	1.00%	Barclays Bank PLC	12/20/16	USD	1,800			(13,953)					76,809			(90,762)
	Australia & New Zealand Banking Group Ltd.	1.00%	Deutsche Bank AG	9/20/17	USD	1			(7)					12			(19)
	Westpac Banking Corp.	1.00%	Deutsche Bank AG	9/20/17	USD	1			(7)					12			(19)
Total							$			(90,791)		$	102,082			$		(192,873)

•	Over-the-counter credit default swaps – sold protection outstanding as of November 30, 2013 were as follows:


	Issuer	Receive Fixed Rate	Counterparty	Expiration Date		Credit Rating¹		Notional Amount (000)²					Market Value		Premiums Received						Unrealized Appreciation

	MetLife, Inc.	1.00%	Morgan Stanley Capital Services LLC	9/20/16	A-		USD		900		$			13,456		$	(41,532)		$		54,988
	MetLife, Inc.	1.00%	Deutsche Bank AG	9/20/16	A-		USD		730					10,914			(34,352)				45,266
	MetLife, Inc.	1.00%	Morgan Stanley Capital Services LLC	9/20/16	A-		USD		275					4,111			(11,319)				15,430
	MetLife, Inc.	1.00%	Goldman Sachs Bank USA	9/20/16	A-		USD		500					7,475			(22,899)				30,374
	MetLife, Inc.	1.00%	Credit Suisse AG	9/20/16	A-		USD		535					7,998			(27,531)				35,529
	MetLife, Inc.	1.00%	Citibank N.A.	12/20/16	A-		USD		298					4,568			(13,237)				17,805
	MetLife, Inc.	1.00%	Citibank N.A.	12/20/16	A-		USD		285					4,350			(13,748)				18,098
Total										$		52,872				$		(164,618)		$		217,490

•	Over-the-counter interest rate swaps outstanding as of November 30, 2013 were as follows:


	Fixed Rate		Floating Rate		Counterparty/ Clearinghouse		Effective Date		Expiration Date		Notional Amount (000)		Market Value			Premiums Paid (Received)		Unrealized Depreciation
2.06%³		3-month LIBOR		Deutsche Bank AG		N/A		2/25/23		USD		3,400		$	(178,399)		—	$	(178,399)
2.11%³		3-month LIBOR		Goldman Sachs & Co.		N/A		3/14/23		USD		300			(14,691)		—		(14,691)
Total														$	(193,090)		—	$	(193,090)

¹	Using Standard & Poor’s rating of the issuer.
²	The maximum potential amount the Trust may pay should a negative credit event take place as defined under the terms of the agreement.
³	Trust pays the floating rate and receives the fixed rate.

BLACKROCK CORE BOND TRUST

NOVEMBER 30, 2013

Schedule of Investments (continued)

BlackRock Core Bond Trust (BHK)


•	Fair Value Measurements - Various inputs are used in determining the fair value of investments and derivative financial instruments. These inputs to valuation techniques are categorized into a disclosure hierarchy consisting of three broad levels for financial reporting purposes as follows:
	•	Level 1 — unadjusted price quotations in active markets/exchanges for identical assets or liabilities that the Trust has the ability to access

	•	Level 2 — other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs)

	•	Level 3 — unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Trust's own assumptions used in determining the fair value of investments and derivative 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.

Changes in valuation techniques may result in transfers into or out of an assigned level within the disclosure hierarchy. In accordance with the Trust's policy, transfers between different levels of the fair value disclosure hierarchy are deemed to have occurred as of the beginning of the reporting period. The categorization of a value determined for investments and derivative financial instruments is based on the pricing transparency of the investment and derivative financial instrument 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 investments and derivative financial instruments, please refer to the Trust's most recent financial statements as contained in its annual report.

The following tables summarize the Trust's investments and derivative financial instruments categorized in the disclosure hierarchy as of November 30, 2013:


			Level 1			Level 2			Level 3			Total

Assets:
Investments:
Long-Term Investments:
	Common Stocks			—			—	$		146,200	$	146,200
	Asset-Backed Securities			—	$		16,269,013			9,988,226		26,257,239
	Corporate Bonds			—			325,601,588			6,331,625		331,933,213
	Foreign Agency Obligations			—			3,105,572			—		3,105,572
	Municipal Bonds			—			11,557,936			—		11,557,936
	Non-Agency Mortgage-Backed Securities			—			67,310,272			—		67,310,272
	US Government Sponsored Agency Securities			—			51,930,540			—		51,930,540
	US Treasury Obligations			—			45,064,948			—		45,064,948
	Preferred Securities	$		5,146,120			21,235,222			—		26,381,342
Short-Term Securities				5,416,074			—			—		5,416,074
Options Purchased:
	Interest Rate Contracts			—			923,634			—		923,634
Total		$		10,562,194	$		542,998,725	$		16,466,051	$	570,026,970

BLACKROCK CORE BOND TRUST

NOVEMBER 30, 2013

Schedule of Investments (continued)

BlackRock Core Bond Trust (BHK)


		Level 1				Level 2			Level 3				Total

Derivative Financial Instruments¹
Assets:
Credit contracts			—		$		217,490			—	$		217,490
Foreign currency exchange contracts			—				76,969			—			76,969
Interest rate contracts	$		244,852				423,030			—			667,882
Liabilities:
Credit contracts			—				(192,873)			—			(192,873)
Foreign currency exchange contracts			—				(173,363)			—			(173,363)
Interest rate contracts			(227,448)				(2,124,306)			—			(2,351,754)
Total		$		17,404		$		(1,773,053)		—		$	(1,755,649)

Derivative financial instruments are swaps, financial futures contracts, foreign currency exchange contracts and options written. Swaps, financial futures contracts and foreign currency exchange contracts are valued at the unrealized appreciation/depreciation on the instrument and options written are shown at value.

Certain of the Trust's assets and/or liabilities are held at carrying amount or face value including accrued interest, which approximates fair value for financial reporting purposes. As of November 30, 2013, such assets and/or liabilities are categorized within the disclosure hierarchy as follows:


			Level 1			Level 2		Level 3			Total

Assets:
	Cash	$		26,191			—		—	$	26,191
	Cash pledged as collateral for over-the-counter derivatives			1,200,000			—		—		1,200,000
	Cash pledged as collateral for reverse repurchase agreements			5,211,000			—		—		5,211,000
	Cash pledged for centrally cleared swaps			1,345,000			—		—		1,345,000
	Cash pledged for financial futures contracts			596,000			—		—		596,000
	Foreign currency at value			171,832			—		—		171,832
Liabilities:
	Reverse repurchase agreements including accrued interest			—	$		(177,306,722)		—		(177,306,722)
Total		$		8,550,023	$		(177,306,722)		—	$	(168,756,699)

There were no transfers between Level 1 and Level 2 during the period ended November 30, 2013.

BLACKROCK CORE BOND TRUST

NOVEMBER 30, 2013

Schedule of Investments (concluded)

BlackRock Core Bond Trust (BHK)

A reconciliation of Level 3 investments is presented when the Trust had a significant amount of Level 3 investments at the beginning and/or end of the period in relation to net assets. The following table is a reconciliation of Level 3 investments for which significant unobservable inputs were used in determining fair value:

	Common Stocks		Asset-Backed Securities		Corporate Bonds		Total
Assets:
Opening Balance, as of August 31, 2013	$	137,600	$	10,951,144	$	6,284,125	$	17,372,869
Transfers into Level 3		—		—		—		—
Transfers out of Level 3		—		—		—		—
Accrued discounts/premiums		—		(96,682)		—		(96,682)
Net realized gain (loss)		—		16,756		—		16,756
Net change in unrealized appreciation/depreciation¹		8,600		69,558		47,500		125,658
Purchases		—		—		—		—
Sales		—		(952,550)		—		(952,550)
Closing Balance, as of November 30, 2013	$	146,200	$	9,988,226	$	6,331,625	$	16,466,051

The change in unrealized appreciation/depreciation on investments still held as of November 30, 2013 was $158,684.

The Trust's investments that are categorized as Level 3 were valued utilizing third party pricing information without adjustment. Such valuations are based on unobservable inputs. A significant change in third party information inputs could result in a significantly lower or higher value of such Level 3 investments.

BLACKROCK CORE BOND TRUST

NOVEMBER 30, 2013

Item 2 – Controls and Procedures

2(a) – The registrant's principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the ″1940 Act″)) are effective as of a date within 90 days of the filing of this report based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rule 13a-15(b) under the Securities Exchange Act of 1934, as amended.

2(b) – There were no changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the registrant's last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.

Item 3 – Exhibits

Certifications – Attached hereto

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

BlackRock Core Bond Trust

By:	/s/ John M. Perlowski
	John M. Perlowski
	Chief Executive Officer (principal executive officer) of
	BlackRock Core Bond Trust

Date: January 24, 2014

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By:	/s/ John M. Perlowski
	John M. Perlowski
	Chief Executive Officer (principal executive officer) of
	BlackRock Core Bond Trust

Date: January 24, 2014

By:	/s/ Neal J. Andrews
	Neal J. Andrews
	Chief Financial Officer (principal financial officer) of
	BlackRock Core Bond Trust

Date: January 24, 2014