Form N-Q for iShares Inc. Cycle 7/31/13


Security	Shares		Value

COMMON STOCKS — 99.47%

AUSTRALIA — 42.69%
Amcor Ltd.		134,040	$	1,273,916
Australia and New Zealand Banking Group Ltd.		53,385		1,425,813
Commonwealth Bank of Australia		20,310		1,352,642
David Jones Ltd.		638,235		1,546,517
Metcash Ltd.		588,135		1,820,985
National Australia Bank Ltd.		67,740		1,898,574
SP AusNet		1,567,155		1,659,603
Suncorp Group Ltd.		88,500		1,018,220
Sydney Airport		384,345		1,238,301
Telstra Corp. Ltd.		339,360		1,519,748
UGL Ltd.		137,370		897,498
Westpac Banking Corp.		57,015		1,580,583

				17,232,400
HONG KONG — 13.90%
Giordano International Ltd.		1,350,000		1,338,624
Hang Seng Bank Ltd.		67,500		1,033,126
PCCW Ltd.		2,625,000		1,194,820
VTech Holdings Ltd.^a		133,500		2,043,293

				5,609,863
JAPAN — 13.39%
Asahi Glass Co. Ltd.		127,000		819,938
Eisai Co. Ltd.		24,000		1,011,438
NTT DOCOMO Inc.		825		1,254,003
Ono Pharmaceutical Co. Ltd.		17,300		1,106,370
TonenGeneral Sekiyu K.K.		126,000		1,214,458

				5,406,207
NEW ZEALAND — 9.77%
SKYCITY Entertainment Group Ltd.		361,680		1,206,214
Telecom Corp. of New Zealand Ltd.		1,529,055		2,738,366

				3,944,580
SINGAPORE — 19.72%
Keppel Corp. Ltd.^a		113,000		918,050
Keppel Land Ltd.		405,000		1,173,084
SATS Ltd.		375,000		977,276
Singapore Post Ltd.^a		1,380,000		1,424,467
Singapore Telecommunications Ltd.		405,000		1,249,382
SMRT Corp. Ltd.^a		735,000		816,378
StarHub Ltd.		405,000		1,398,799

				7,957,436

TOTAL COMMON STOCKS
(Cost: $40,807,991)				40,150,486


Security	Shares		Value

SHORT-TERM INVESTMENTS — 5.50%

MONEY MARKET FUNDS — 5.50%
BlackRock Cash Funds: Institutional, SL Agency Shares 0.16%^b,c,d		2,076,245	$	2,076,245
BlackRock Cash Funds: Prime, SL Agency Shares 0.13%^b,c,d		132,951		132,951
BlackRock Cash Funds: Treasury, SL Agency Shares 0.00%^b,c		10,878		10,878

				2,220,074

TOTAL SHORT-TERM INVESTMENTS
(Cost: $2,220,074)				2,220,074


TOTAL INVESTMENTS IN SECURITIES — 104.97%
(Cost: $43,028,065)				42,370,560
Other Assets, Less Liabilities — (4.97)%				(2,005,724	)

NET ASSETS — 100.00%			$	40,364,836

^a	All or a portion of this security represents a security on loan. See Note 3.

^b	Affiliated issuer. See Note 2.

^c	The rate quoted is the annualized seven-day yield of the fund at period end.

^d	All or a portion of this security represents an investment of securities lending collateral. See Note 3.

See accompanying notes to schedules of investments.


Security	Shares		Value

COMMON STOCKS — 90.78%

BRAZIL — 5.83%
Banco do Brasil SA		211,200	$	2,096,923
CCR SA		108,800		852,941
CPFL Energia SA		185,600		1,715,944
Light SA		217,600		1,686,822
Souza Cruz SA		57,600		693,228
Tractebel Energia SA		121,800		1,941,716

				8,987,574
CHILE — 2.23%
CAP SA		21,184		378,705
CorpBanca SA		175,503,616		1,743,626
Empresa Nacional de Telecomunicaciones SA		80,399		1,313,800

				3,436,131
CHINA — 8.39%
Anta Sports Products Ltd.^a		3,136,000		3,542,246
Dongyue Group Ltd.^a		4,800,000		1,856,783
Guangzhou R&F Properties Co. Ltd. Class H		870,400		1,353,520
PetroChina Co. Ltd. Class H		768,000		898,188
Shenzhen Investment Ltd.^a		3,968,000		1,463,310
Shougang Fushan Resources Group Ltd.^a		4,992,000		1,634,959
Zhejiang Expressway Co. Ltd. Class H		2,560,000		2,175,324

				12,924,330
CZECH REPUBLIC — 3.30%
CEZ AS		63,296		1,504,585
Komercni Banka AS		5,888		1,146,235
Telefonica O2 Czech Republic AS		162,240		2,426,132

				5,076,952
EGYPT — 0.63%
Commercial International Bank (Egypt) SAE SP GDR		198,400		969,779

				969,779
INDIA — 0.35%
Reliance Industries Ltd. SP GDR^a,b		18,816		539,455

				539,455
INDONESIA — 2.76%
PT AKR Corporindo Tbk		1,472,000		619,450
PT Aneka Tambang (Persero) Tbk		16,800,000		1,896,181
PT Indo Tambangraya Megah Tbk		736,000		1,733,029

				4,248,660
MALAYSIA — 6.94%
Berjaya Sports Toto Bhd		1,197,388		1,542,874
British American Tobacco (Malaysia) Bhd		70,400		1,330,308
Kuala Lumpur Kepong Bhd		140,800		920,148
Malayan Banking Bhd		755,200		2,388,518


Security	Shares		Value

PPB Group Bhd		134,400	$	617,312
Public Bank Bhd		185,600		987,502
Sime Darby Bhd		396,800		1,159,576
Telekom Malaysia Bhd		627,200		1,018,910
YTL Power International Bhd		1,452,800		725,504

				10,690,652
PHILIPPINES — 1.52%
Globe Telecom Inc.		62,080		2,337,113

				2,337,113
POLAND — 2.79%
KGHM Polska Miedz SA		78,720		2,727,915
Telekomunikacja Polska SA		659,968		1,565,882

				4,293,797
RUSSIA — 1.29%
Mobile Telesystems OJSC		240,000		1,987,130

				1,987,130
SOUTH AFRICA — 7.79%
African Bank Investments Ltd.		409,024		600,580
Barloworld Ltd.		65,216		539,734
Exxaro Resources Ltd.		86,038		1,325,919
Foschini Group Ltd. (The)		32,768		332,665
Grindrod Ltd.		326,400		754,631
Impala Platinum Holdings Ltd.		20,736		202,981
Kumba Iron Ore Ltd.		36,800		1,626,490
Lewis Group Ltd.^a		279,054		1,639,531
Nampak Ltd.		306,816		987,706
PPC Ltd.		379,840		1,111,624
RMB Holdings Ltd.		201,664		826,254
Tiger Brands Ltd.		21,696		674,357
Truworths International Ltd.		82,112		692,992
Woolworths Holdings Ltd.		100,608		682,887

				11,998,351
SOUTH KOREA — 3.19%
Daishin Securities Co. Ltd.		245,300		1,945,500
Hyundai Marine & Fire Insurance Co. Ltd.		40,320		1,105,420
Korea Gas Corp.		7,552		419,471
KT Corp.		7,040		228,102
KT Corp. SP ADR		76,112		1,219,314

				4,917,807
TAIWAN — 28.74%
Ability Enterprise Co. Ltd.		1,664,000		1,337,348
AmTRAN Technology Co. Ltd.		2,112,000		1,479,066
China Bills Finance Corp.		9,344,000		3,552,318
China Steel Corp.		1,034,537		855,602
Chunghwa Telecom Co. Ltd.		448,000		1,432,751
Far EasTone Telecommunications Co. Ltd.		384,000		978,360
Farglory Land Development Co. Ltd.		1,280,000		2,326,380
Feng Hsin Iron & Steel Co. Ltd.		896,000		1,580,658
Formosa Chemicals & Fibre Corp.		592,740		1,474,610
Formosa Plastics Corp.		531,840		1,337,293
Formosan Rubber Group Inc.		2,688,000		2,115,512


Security	Shares		Value

Gigabyte Technology Co. Ltd.		2,368,000	$	2,136,108
Highwealth Construction Corp.		896,000		1,998,980
HTC Corp.		384,000		2,042,519
Huaku Development Co. Ltd.		896,000		2,892,395
Inventec Corp.		1,728,475		1,302,704
Lite-On Technology Corp.		1,024,100		1,741,754
Nan Ya Plastics Corp.		576,000		1,210,145
Novatek Microelectronics Corp. Ltd.		256,000		1,131,176
Oriental Union Chemical Corp.		1,088,000		1,064,906
Taiwan Mobile Co. Ltd.		320,000		1,163,190
TSRC Corp.		960,500		1,742,491
U-Ming Marine Transport Corp.		1,024,000		1,550,351
UPC Technology Corp.		1,344,453		694,947
Wistron NeWeb Corp.		1,152,000		1,784,483
WPG Holdings Co. Ltd.		2,688,000		3,348,067

				44,274,114
THAILAND — 7.12%
Advanced Information Service PCL NVDR		204,800		1,864,792
Airports of Thailand PCL NVDR		198,400		1,128,281
Charoen Pokphand Foods PCL NVDR		992,000		887,412
Land and Houses PCL NVDR		3,797,000		1,225,230
PTT Global Chemical PCL NVDR		198,400		418,351
Shin Corp. PCL NVDR		1,260,800		3,504,460
Siam Cement PCL NVDR		64,000		936,486
Thai Oil PCL NVDR		512,000		997,828

				10,962,840
TURKEY — 7.91%
Ford Otomotiv Sanayi AS		238,528		3,401,491
Haci Omer Sabanci Holding AS		69,568		345,969
Tofas Turk Otomobil Fabrikasi AS		218,048		1,442,465
Turk Telekomunikasyon AS		637,312		2,290,117
Turk Traktor ve Ziraat Makineleri AS		87,624		2,729,157
Turkiye Petrol Rafinerileri AS		92,800		1,977,873

				12,187,072

TOTAL COMMON STOCKS
(Cost: $148,922,992)				139,831,757

PREFERRED STOCKS — 8.00%
BRAZIL — 8.00%
AES Tiete SA		358,400		3,539,579
Companhia de Transmissao de Energia Eletrica Paulista		153,600		2,280,489
Companhia Energetica de Minas Gerais		164,687		1,504,564
Eletropaulo Metropolitana Eletricidade de Sao Paulo SA		1,868,800		5,000,818

				12,325,450

TOTAL PREFERRED STOCKS
(Cost: $19,190,540)				12,325,450


Security	Shares		Value


SHORT-TERM INVESTMENTS — 5.20%

MONEY MARKET FUNDS — 5.20%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.16%^c,d,e		7,306,161	$	7,306,161
BlackRock Cash Funds: Prime, SL Agency Shares
0.13%^c,d,e		467,844		467,844
BlackRock Cash Funds: Treasury, SL Agency Shares
0.00%^c,d		234,189		234,189

				8,008,194


TOTAL SHORT-TERM INVESTMENTS
(Cost: $8,008,194)				8,008,194


TOTAL INVESTMENTS IN SECURITIES — 103.98%
(Cost: $176,121,726)				160,165,401
Other Assets, Less Liabilities — (3.98)%				(6,131,621	)

NET ASSETS — 100.00%			$	154,033,780

NVDR — Non-Voting Depositary Receipts

SP ADR — Sponsored American Depositary Receipts

SP GDR — Sponsored Global Depositary Receipts

^a	All or a portion of this security represents a security on loan. See Note 3.

^b	This security may be resold to qualified institutional buyers under Rule 144A of the Securities Act of 1933.

^c	Affiliated issuer. See Note 2.

^d	The rate quoted is the annualized seven-day yield of the fund at period end.

^e	All or a portion of this security represents an investment of securities lending collateral. See Note 3.

See accompanying notes to schedules of investments.

iShares, Inc. (the “Company”) is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company. The Company was incorporated under the laws of the State of Maryland on September 1, 1994 pursuant to amended and restated Articles of Incorporation.

These schedules of investments relate only to the following funds (each, a “Fund,” and collectively, the “Funds”):

Each Fund’s investments are valued at fair value each day that the Fund’s listing exchange is open and, for financial reporting purposes, as of the report date should the reporting date end on a day that the Fund’s listing exchange is not open. Accounting principles generally accepted in the United States of America (“U.S. GAAP”) define fair value as the price a fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. The BlackRock Global Valuation Methodologies Committee (the “Global Valuation Committee”) provides oversight of the valuation of investments for the Funds. The investments of each Fund are valued pursuant to policies and procedures developed by the Global Valuation Committee and approved by the Board of Directors of the Company (the “Board”).

In the event that application of these methods of valuation results in a price for an investment which is deemed not to be representative of the fair value of such investment or if a price is not available, the investment will be valued based upon other available factors deemed relevant by the Global Valuation Committee, in accordance with policies approved by the Board. These factors include but are not limited to (i) attributes specific to the investment; (ii) the principal market for the investment; (iii) the customary participants in the principal market for the investment; (iv) data assumptions by market participants for the investment, if reasonably available; (v) quoted prices for similar investments in active markets; and (vi) other factors, such as future cash flows, interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and/or default rates. Valuations based on such factors are reported to the Board on a quarterly basis.

The Global Valuation Committee employs various methods for calibrating valuation approaches for investments where an active market does not exist, including regular due diligence of the Company’s pricing vendors, a regular review of key inputs and assumptions, transactional back-testing or disposition analysis to compare unrealized gains and losses to realized gains and losses, reviews of missing or stale prices, reviews of large movements in market values, and reviews of market related activity.

Fair value pricing could result in a difference between the prices used to calculate a Fund’s net asset value and the prices used by the Fund’s underlying index, which in turn could result in a difference between the Fund’s performance and the performance of the Fund’s underlying index.

Various inputs are used in determining the fair value of financial instruments. Inputs may be based on independent market data (“observable inputs”) or they may be internally developed (“unobservable inputs”). These inputs are categorized into a disclosure hierarchy consisting of three broad levels for financial reporting purposes. The level of a value determined for a financial instrument within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement in its entirety. The categorization of a value determined for a financial instrument within the hierarchy is based upon the pricing transparency of the instrument and is not necessarily an indication of the risk associated with investing in the instrument. The three levels of the fair value hierarchy are as follows:

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. In accordance with the Company’s policy, transfers between different levels of the fair value hierarchy are deemed to have occurred as of the beginning of the reporting period.

As of July 31, 2013, the value of each of the Funds’ investments was classified as Level 1. The breakdown of each Fund’s investments into major categories is disclosed in its respective schedule of investments.

The accounting records of the Funds are maintained in U.S. dollars. Foreign currencies, as well as investment securities and other assets and liabilities denominated in foreign currencies, are translated into U.S. dollars using exchange rates deemed appropriate by the investment adviser. Purchases and sales of securities, income receipts and expense payments are translated into U.S. dollars on the respective dates of such transactions.

As of July 31, 2013, gross unrealized appreciation and gross unrealized depreciation based on cost for federal income tax purposes were as follows:

In December 2011, the Financial Accounting Standards Board issued guidance to enhance current disclosure requirements on offsetting of certain assets and liabilities and enable financial statement users to compare financial statements prepared under U.S. GAAP and International Financial Reporting Standards (IFRS). The new disclosures are required for investments and derivative financial instruments subject to master netting agreements or similar agreements and require an entity to disclose both gross and net information about such investments and transactions eligible for offset in the statement of assets and liabilities. The scope of the disclosure requirements for offsetting will be limited to derivative instruments and securities lending transactions. In addition, the standard requires disclosure of collateral received and posted in connection with master netting agreements or similar agreements. The guidance is effective for financial statements for fiscal years beginning after January 1, 2013, and interim periods within those fiscal years. Management is evaluating the impact of this guidance on the Funds’ financial statements and disclosures.

Each Fund may invest its positive cash balances in certain money market funds managed by BlackRock Fund Advisors (“BFA”), the Funds’ investment adviser, or an affiliate. BFA is a California corporation indirectly owned by BlackRock, Inc. (“BlackRock”).

Each Fund may lend its investment securities to approved borrowers, such as brokers, dealers and other financial institutions. The borrower pledges and maintains with the Fund collateral consisting of cash, an irrevocable letter of credit issued by a bank, or securities issued or guaranteed by the U.S. government. The initial collateral received by each Fund is required to have a value of at least 102% of the current value of the loaned securities for securities traded on U.S. exchanges and a value of at least 105% for all other securities. The collateral is maintained thereafter, at a value equal to at least 100% of the current value of the securities on loan. The market value of the loaned securities is determined at the close of each business day of the Funds and any additional required collateral is delivered to the Funds on the next business day. The risks of securities lending include the risk that the borrower may not provide additional collateral when required or may not return the securities when due. To mitigate these risks, the Funds benefit from a borrower default indemnity provided by BlackRock. BlackRock’s indemnity allows for full replacement of securities lent. Any securities lending cash collateral may be reinvested in certain short-term instruments either directly on behalf of a fund or through one or more joint accounts or money market funds, including those managed by BFA or its affiliates. Each Fund could suffer a loss if the value of an investment purchased with cash collateral falls below the value of the cash collateral received.

As of July 31, 2013, any securities on loan were collateralized by cash. The cash collateral received was invested in money market funds managed by BFA.

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.

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.


iShares ETF		Former Name ^a
Asia/Pacific Dividend		iShares Asia/Pacific Dividend 30 Index Fund
Emerging Markets Dividend		iShares Emerging Markets Dividend Index Fund


iShares ETF	Tax Cost		Gross Unrealized Appreciation		Gross Unrealized Depreciation			Net Unrealized Appreciation (Depreciation)
Asia/Pacific Dividend	$	43,213,379	$	1,725,555	$	(2,568,374	)	$	(842,819	)
Emerging Markets Dividend		177,368,198		6,438,750		(23,641,547	)		(17,202,797	)


Jack Gee, Treasurer and Chief Financial Officer (Principal Financial Officer)


By:		/s/ Michael Latham


Michael Latham, President (Principal Executive Officer)