N-Q

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 811-09102

iShares, Inc.

(Exact name of Registrant as specified in charter)

c/o: State Street Bank and Trust Company

1 Iron Street, Boston, MA 02210

(Address of principal executive offices) (Zip code)

The Corporation Trust Incorporated

351 West Camden Street, Baltimore, MD 21201

(Name and address of agent for service)

Registrant’s telephone number, including area code: (415) 670-2000

Date of fiscal year end: October 31, 2015

Date of reporting period: July 31, 2015

Item 1. Schedules of Investments.

Schedule of Investments (Unaudited)

iSHARES^® EMERGING MARKETS CORPORATE BOND ETF

July 31, 2015

Security	Principal (000s)		Value
CORPORATE BONDS & NOTESa — 94.08%
ARGENTINA — 0.49%
YPF SA
8.50%, 07/28/25b	$	75	$	72,255
8.75%, 04/04/24b		60		59,232
8.88%, 12/19/18b		35		36,400
				167,887
BRAZIL — 14.51%
Banco Bradesco SA/Cayman Islands
5.90%, 01/16/21b		100		103,500
6.75%, 09/29/19b		100		109,750
Banco BTG Pactual SA/Cayman Islands
4.00%, 01/16/20b		200		181,000
Banco do Brasil SA
5.88%, 01/19/23b		200		190,377
Banco Votorantim SA
7.38%, 01/21/20b		100		104,875
BRF SA
4.75%, 05/22/24b		200		193,300
Caixa Economica Federal
2.38%, 11/06/17b		150		144,150
Centrais Eletricas Brasileiras SA
6.88%, 07/30/19b		100		98,000
CSN Resources SA
6.50%, 07/21/20b		100		76,000
Fibria Overseas Finance Ltd.
5.25%, 05/12/24		100		100,625
Gerdau Trade Inc.
5.75%, 01/30/21b		100		98,800
GTL Trade Finance Inc.
5.89%, 04/29/24 (Call 01/29/24)b		150		141,225
Itau Unibanco Holding SA/Cayman Island
2.85%, 05/26/18b		200		197,200
5.13%, 05/13/23b		200		192,200
6.20%, 04/15/20b		100		106,500
JBS Investments GmbH
7.25%, 04/03/24 (Call 04/03/19)b		200		205,500
Marfrig Overseas Ltd.
9.50%, 05/04/20 (Call 08/31/15)b		100		101,625
Odebrecht Drilling Norbe VIII/IX Ltd.
6.35%, 06/30/22 (Call 06/30/20)b		166		119,261
Petrobras Global Finance BV
3.00%, 01/15/19		50		45,375
3.25%, 03/17/17		105		102,411
4.38%, 05/20/23		275		230,708
4.88%, 03/17/20		95		88,265
5.38%, 01/27/21		200		186,192
5.63%, 05/20/43		100		74,130
5.75%, 01/20/20		100		96,424
6.13%, 10/06/16		100		101,987
6.25%, 03/17/24		125		116,987
6.85%, 06/05/15		100		80,818
6.88%, 01/20/40		75		63,750
7.25%, 03/17/44		50		43,879
7.88%, 03/15/19c		100		104,000

Security	Principal (000s)		Value
Petrobras International Finance Co. SA
3.50%, 02/06/17	$	75	$	73,528
5.88%, 03/01/18		100		100,400
6.75%, 01/27/41		75		62,437
Samarco Mineracao SA
4.13%, 11/01/22b		200		182,800
Telemar Norte Leste SA
5.50%, 10/23/20b		100		86,000
Vale Overseas Ltd.
4.38%, 01/11/22c		125		120,337
4.63%, 09/15/20c		75		78,124
6.25%, 01/23/17		50		52,599
6.88%, 11/21/36		100		93,270
6.88%, 11/10/39		80		73,770
8.25%, 01/17/34		25		26,617
Vale SA
5.63%, 09/11/42c		75		61,466
Votorantim Cimentos SA
7.25%, 04/05/41b		200		183,500
				4,993,662
CHILE — 3.57%
Banco del Estado de Chile
4.13%, 10/07/20b		150		158,874
Celulosa Arauco y Constitucion SA
4.75%, 01/11/22 (Call 10/11/21)		37		38,515
Cencosud SA
5.50%, 01/20/21b		150		158,675
Corp. Nacional del Cobre de Chile
3.00%, 07/17/22b		200		190,260
4.25%, 07/17/42b		200		173,218
Empresa Nacional de Telecomunicaciones SA
4.88%, 10/30/24b		200		203,921
Empresa Nacional del Petroleo
4.75%, 12/06/21b		100		103,579
Inversiones CMPC SA
4.38%, 05/15/23b		200		200,443
				1,227,485
CHINA — 10.11%
Agile Property Holdings Ltd.
8.88%, 04/28/17 (Call 08/31/15)b		100		101,250
Alibaba Group Holding Ltd.
3.13%, 11/28/21 (Call 09/28/21)b		200		196,453
3.60%, 11/28/24 (Call 08/28/24)b		200		192,057
Baidu Inc.
2.25%, 11/28/17		200		200,403
Bank of China Ltd.
5.00%, 11/13/24b		200		205,767
Bank of Communications Co. Ltd.
4.50%, 10/03/24 (Call 10/03/19)b,d		200		204,246
China Overseas Finance II Ltd.
5.50%, 11/10/20b		100		108,248
CITIC Ltd.
6.63%, 04/15/21b		100		113,637
CNOOC Finance 2012 Ltd.
5.00%, 05/02/42b		200		214,460
Country Garden Holdings Co. Ltd.
7.50%, 03/09/20 (Call 03/09/18)b		200		208,056
Evergrande Real Estate Group Ltd.
8.75%, 10/30/18 (Call 10/30/16)b		200		192,000

1

Schedule of Investments (Unaudited) (Continued)

iSHARES^® EMERGING MARKETS CORPORATE BOND ETF

July 31, 2015

Security	Principal (000s)		Value
Greenland Hong Kong Holdings Ltd.
4.38%, 08/07/17b	$	200	$	201,256
Huarong Finance II Co. Ltd.
4.50%, 01/16/20b		200		206,698
Sino-Ocean Land Treasure Finance I Ltd.
4.63%, 07/30/19b		200		203,902
Sinochem Overseas Capital Co. Ltd.
4.50%, 11/12/20b		100		105,821
Sinopec Group Overseas Development 2013 Ltd.
4.38%, 10/17/23b		200		208,730
State Grid Overseas Investment 2014 Ltd.
4.13%, 05/07/24b		200		210,558
Tencent Holdings Ltd.
2.88%, 02/11/20b		200		199,646
3.38%, 05/02/19b		200		204,666
				3,477,854
COLOMBIA — 2.35%
Bancolombia SA
5.13%, 09/11/22		50		49,700
6.13%, 07/26/20c		75		79,612
Ecopetrol SA
4.13%, 01/16/25		100		91,750
5.88%, 09/18/23c		100		103,500
5.88%, 05/28/45		50		43,624
7.38%, 09/18/43		50		52,214
7.63%, 07/23/19		50		57,750
Grupo Aval Ltd.
4.75%, 09/26/22b		200		196,500
Pacific Rubiales Energy Corp.
5.13%, 03/28/23 (Call 03/28/18)b		100		63,250
5.38%, 01/26/19 (Call 01/26/17)b		100		71,000
				808,900
HONG KONG — 4.60%
AIA Group Ltd.
3.20%, 03/11/25 (Call 12/11/24)b		200		194,334
Bank of China Hong Kong Ltd.
5.55%, 02/11/20b		100		109,734
Bank of East Asia Ltd. (The)
6.38%, 05/04/22 (Call 05/04/17)b,d		200		212,718
Hongkong Land Finance (Cayman Island) Co. Ltd. (The)
4.50%, 10/07/25		100		106,872
Hutchison Whampoa International 09 Ltd.
7.63%, 04/09/19b		100		117,985
Hutchison Whampoa International 11 Ltd.
4.63%, 01/13/22b		200		216,532
Hutchison Whampoa International 14 Ltd.
3.63%, 10/31/24b,c		200		198,339
Li & Fung Ltd.
5.25%, 05/13/20b		100		109,511
Shimao Property Holdings Ltd.
6.63%, 01/14/20 (Call 01/14/17)b		200		205,000
Swire Pacific MTN Financing Ltd.
5.50%, 08/19/19b		100		111,083
				1,582,108
INDIA — 5.30%
ABJA Investment Co. Pte Ltd.
4.85%, 01/31/20b		200		200,760

Security	Principal (000s)		Value
Axis Bank Ltd./Dubai
4.75%, 05/02/16b	$	100	$	101,976
Bharti Airtel International Netherlands BV
5.13%, 03/11/23b		200		213,554
Export-Import Bank of India
4.00%, 01/14/23b		200		202,324
ICICI Bank Ltd.
6.38%, 04/30/22 (Call 04/30/17)b,d		100		103,500
ICICI Bank Ltd./Hong Kong
5.75%, 11/16/20b		100		112,309
ONGC Videsh Ltd.
4.63%, 07/15/24b		200		205,791
Reliance Holdings USA Inc.
5.40%, 02/14/22b		250		271,968
State Bank of India/London
3.62%, 04/17/19b		200		205,330
Vedanta Resources PLC
9.50%, 07/18/18b		200		208,000
				1,825,512
INDONESIA — 2.43%
Majapahit Holding BV
7.75%, 01/20/20b		120		137,856
7.88%, 06/29/37b		125		143,750
Pelabuhan Indonesia II PT
4.25%, 05/05/25b		200		188,000
Pertamina Persero PT
4.30%, 05/20/23b		200		192,540
5.63%, 05/20/43b		200		175,260
				837,406
ISRAEL — 0.66%
Israel Electric Corp. Ltd.
6.88%, 06/21/23b		200		228,000
				228,000
JAMAICA — 1.12%
Digicel Group Ltd.
8.25%, 09/30/20 (Call 09/30/16)b		200		197,500
Digicel Ltd.
6.00%, 04/15/21 (Call 04/15/16)b		200		188,500
				386,000
KAZAKHSTAN — 1.73%
Development Bank of Kazakhstan JSC
4.13%, 12/10/22b		200		178,968
Kazkommertsbank JSC
5.50%, 12/21/22b		100		79,125
KazMunayGas National Co. JSC
4.40%, 04/30/23b		200		180,950
5.75%, 04/30/43b		200		158,024
				597,067
LUXEMBOURG — 0.57%
Millicom International Cellular SA
4.75%, 05/22/20 (Call 05/22/17)b		200		194,500
				194,500

2

Schedule of Investments (Unaudited) (Continued)

iSHARES^® EMERGING MARKETS CORPORATE BOND ETF

July 31, 2015

Security	Principal (000s)		Value
MALAYSIA — 1.28%
Petroliam Nasional Bhd
7.63%, 10/15/26b	$	100	$	133,376
Petronas Capital Ltd.
3.50%, 03/18/25b		200		196,728
5.25%, 08/12/19b		100		110,708
				440,812
MEXICO — 10.78%
America Movil SAB de CV
5.00%, 10/16/19		125		137,311
5.00%, 03/30/20		100		110,530
5.63%, 11/15/17		100		108,950
6.13%, 03/30/40		100		116,160
6.38%, 03/01/35		100		117,500
Banco Santander Mexico SA
5.95%, 01/30/24 (Call 01/30/19)b,c,d		200		211,000
BBVA Bancomer SA/Texas
6.75%, 09/30/22b		150		168,450
Cemex Finance LLC
6.00%, 04/01/24 (Call 04/01/19)b		200		201,030
9.38%, 10/12/22 (Call 10/12/17)b		200		223,690
Coca-Cola FEMSA SAB de CV
3.88%, 11/26/23		150		156,718
Comision Federal de Electricidad
4.88%, 01/15/24b		200		208,250
Empresas ICA SAB de CV
8.90%, 02/04/21 (Call 02/04/16)b		100		74,000
Fomento Economico Mexicano SAB de CV
4.38%, 05/10/43		150		140,325
Grupo Bimbo SAB de CV
4.50%, 01/25/22b		100		104,900
Grupo Televisa SAB
6.63%, 01/15/40		56		64,792
Petroleos Mexicanos
3.50%, 07/18/18		100		102,625
3.50%, 07/23/20b		150		151,500
3.50%, 01/30/23		75		71,147
4.88%, 01/24/22		75		77,888
4.88%, 01/18/24		40		41,096
5.50%, 01/21/21		225		243,515
5.50%, 06/27/44c		190		175,750
5.63%, 01/23/46b		150		141,345
5.75%, 03/01/18		100		108,750
6.38%, 01/23/45		150		154,005
6.50%, 06/02/41		90		94,068
6.63%, 06/15/35		100		107,000
6.63%, 06/15/38		25		26,438
8.00%, 05/03/19		60		70,275
				3,709,008
MOROCCO — 0.61%
OCP SA
5.63%, 04/25/24b		200		209,481
				209,481
PERU — 2.06%
Banco de Credito del Peru/Panama
5.38%, 09/16/20b		100		109,050

Security	Principal (000s)		Value
BBVA Banco Continental SA
5.00%, 08/26/22b	$	100	$	105,250
Southern Copper Corp.
5.88%, 04/23/45		100		91,602
6.75%, 04/16/40		100		98,745
7.50%, 07/27/35		100		108,560
Transportadora de Gas del Peru SA
4.25%, 04/30/28b		200		196,000
				709,207
PHILIPPINES — 0.38%
Power Sector Assets & Liabilities Management Corp.
7.39%, 12/02/24b		100		131,500
				131,500
QATAR — 2.23%
CBQ Finance Ltd.
7.50%, 11/18/19b		200		238,780
Ooredoo International Finance Ltd.
5.00%, 10/19/25b		200		216,750
Qatari Diar Finance QSC
5.00%, 07/21/20b		100		112,024
QNB Finance Ltd.
2.13%, 02/14/18b		200		201,000
				768,554
RUSSIA — 8.94%
AK Transneft OJSC Via TransCapitalInvest Ltd.
8.70%, 08/07/18b		100		109,620
Alfa Bank OJSC Via Alfa Bond Issuance PLC
7.75%, 04/28/21b		200		199,500
ALROSA Finance SA
7.75%, 11/03/20b		200		209,050
Evraz Group SA
9.50%, 04/24/18b		100		104,135
Gazprom OAO Via Gaz Capital SA
4.95%, 02/06/28b		200		170,000
6.21%, 11/22/16b		100		104,250
7.29%, 08/16/37b		100		95,300
9.25%, 04/23/19b		100		111,504
LUKOIL International Finance BV
6.66%, 06/07/22b		120		124,219
7.25%, 11/05/19b		100		106,000
Metalloinvest Finance Ltd.
5.63%, 04/17/20b		200		185,524
Mobile Telesystems OJSC via MTS International Funding Ltd.
8.63%, 06/22/20b		100		108,639
Rosneft Finance SA
7.25%, 02/02/20b		100		101,625
Russian Agricultural Bank OJSC Via RSHB Capital SA
6.30%, 05/15/17b		100		101,350
Russian Railways via RZD Capital PLC
5.74%, 04/03/17b		100		102,524
Sberbank of Russia Via SB Capital SA
6.13%, 02/07/22b		200		195,914
Severstal OAO Via Steel Capital SA
6.70%, 10/25/17b		100		105,500
TMK OAO Via TMK Capital SA
7.75%, 01/27/18b		200		196,620

3

Schedule of Investments (Unaudited) (Continued)

iSHARES^® EMERGING MARKETS CORPORATE BOND ETF

July 31, 2015

Security	Principal (000s)		Value
VimpelCom Holdings BV
7.50%, 03/01/22b	$	200	$	201,500
Vnesheconombank Via VEB Finance PLC
6.80%, 11/22/25b		100		91,690
6.90%, 07/09/20b		100		97,880
VTB Bank OJSC Via VTB Capital SA
6.55%, 10/13/20b		100		100,494
6.88%, 05/29/18b		150		153,756
				3,076,594
SINGAPORE — 1.80%
DBS Bank Ltd.
3.63%, 09/21/22 (Call 09/21/17)b,d		200		206,471
Oversea-Chinese Banking Corp. Ltd.
3.75%, 11/15/22 (Call 11/15/17)b,d		100		102,810
PSA International Pte Ltd.
3.88%, 02/11/21b		100		106,240
Puma International Financing SA
6.75%, 02/01/21 (Call 02/01/17)b		200		203,952
				619,473
SOUTH AFRICA — 0.81%
AngloGold Ashanti Holdings PLC
5.13%, 08/01/22		100		86,000
Eskom Holdings SOC Ltd.
5.75%, 01/26/21b		200		194,320
				280,320
SOUTH KOREA — 5.82%
Hana Bank
3.50%, 10/25/17b		200		207,015
Hyundai Capital America
2.13%, 10/02/17b		50		50,289
2.55%, 02/06/19b		100		100,853
Korea Development Bank (The)
3.25%, 09/20/16		100		102,296
3.75%, 01/22/24		200		209,587
3.88%, 05/04/17		200		207,945
Korea East-West Power Co. Ltd.
2.63%, 11/27/18b		200		203,268
Korea Gas Corp.
4.25%, 11/02/20b		100		108,414
Korea Hydro & Nuclear Power Co. Ltd.
3.00%, 09/19/22b		200		199,421
Korea National Oil Corp.
2.75%, 01/23/19b		200		203,153
POSCO
4.25%, 10/28/20b		100		107,323
Shinhan Bank
2.25%, 04/15/20b		200		198,160
Woori Bank Co. Ltd.
6.21%, 05/02/67 (Call 05/02/17)b,d		100		106,250
				2,003,974
SRI LANKA — 0.59%
Bank of Ceylon
5.33%, 04/16/18b		200		201,500
				201,500

Security	Principal (000s)		Value
THAILAND — 1.49%
Bangkok Bank PCL/Hong Kong
4.80%, 10/18/20b	$	100	$	109,151
Krung Thai Bank PCL/Cayman Islands
5.20%, 12/26/24 (Call 12/26/19)b,d		200		205,380
PTT PCL
3.38%, 10/25/22b		200		197,738
				512,269
TRINIDAD AND TOBAGO — 0.59%
Consolidated Energy Finance SA
6.75%, 10/15/19 (Call 10/15/16)b		200		202,004
				202,004
TURKEY — 2.76%
Akbank TAS
5.00%, 10/24/22b		150		148,500
Turkiye Garanti Bankasi AS
5.25%, 09/13/22b		200		201,100
Turkiye Is Bankasi
3.88%, 11/07/17b		200		202,153
Turkiye Vakiflar Bankasi TAO
5.00%, 10/31/18b		200		204,476
Yapi ve Kredi Bankasi AS
4.00%, 01/22/20b		200		193,938
				950,167
UNITED ARAB EMIRATES — 3.90%
Abu Dhabi National Energy Co.
5.88%, 10/27/16b		100		105,506
6.50%, 10/27/36b		100		120,850
Abu Dhabi National Energy Co. PJSC
4.13%, 03/13/17b		200		207,000
ADCB Finance Cayman Ltd.
2.50%, 03/06/18b		200		202,250
Dolphin Energy Ltd.
5.89%, 06/15/19b		62		67,329
DP World Ltd.
6.85%, 07/02/37b		100		110,250
Dubai Electricity & Water Authority
7.38%, 10/21/20b		100		120,925
Emirates NBD PJSC
4.63%, 03/28/17b		200		207,750
National Bank of Abu Dhabi PJSC
2.25%, 02/11/20b		200		199,750
				1,341,610
UNITED KINGDOM — 0.32%
ICBC Standard Bank PLC
8.13%, 12/02/19b		100		111,104
				111,104
UNITED STATES — 0.30%
Flextronics International Ltd.
4.63%, 02/15/20		100		103,250
				103,250

4

Schedule of Investments (Unaudited) (Continued)

iSHARES^® EMERGING MARKETS CORPORATE BOND ETF

July 31, 2015

Security	Principal or Shares (000s)		Value
VENEZUELA — 1.98%
Petroleos de Venezuela SA
5.13%, 10/28/16	$	60	$	37,800
5.25%, 04/12/17b		100		48,230
5.38%, 04/12/27b		135		43,544
5.50%, 04/12/37b		50		16,000
6.00%, 05/16/24b		250		83,100
6.00%, 11/15/26b		260		84,786
8.50%, 11/02/17b		305		207,858
9.00%, 11/17/21b		75		29,906
9.75%, 05/17/35b		150		60,000
12.75%, 02/17/22b		150		70,575
				681,799
TOTAL CORPORATE BONDS & NOTES
(Cost: $33,423,123)				32,379,007
FOREIGN GOVERNMENT OBLIGATIONSa — 3.53%
BRAZIL — 0.92%
Banco Nacional de Desenvolvimento Economico e Social
5.50%, 07/12/20b		100		103,600
6.37%, 06/16/18b		100		105,820
6.50%, 06/10/19b		100		106,625
				316,045
SOUTH KOREA — 1.80%
Export-Import Bank of Korea
2.88%, 01/21/25		200		195,502
4.00%, 01/11/17		200		207,556
4.38%, 09/15/21		200		218,440
				621,498
UNITED ARAB EMIRATES — 0.81%
International Petroleum Investment Co.
5.00%, 11/15/20b		250		278,438
				278,438
TOTAL FOREIGN GOVERNMENT OBLIGATIONS
(Cost: $1,204,310)				1,215,981
SHORT-TERM INVESTMENTS — 5.41%
MONEY MARKET FUNDS — 5.41%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.18%e,f,g		955		955,052
BlackRock Cash Funds: Prime, SL Agency Shares
0.17%e,f,g		108		107,898

Security	Shares (000s)		Value
BlackRock Cash Funds: Treasury, SL Agency Shares
0.02%e,f		798	$	798,151
				1,861,101
TOTAL SHORT-TERM INVESTMENTS
(Cost: $1,861,101)				1,861,101
TOTAL INVESTMENTS IN SECURITIES — 103.02%
(Cost: $36,488,534)				35,456,089
Other Assets, Less Liabilities — (3.02)%				(1,039,884	)
NET ASSETS — 100.00%			$	34,416,205

^a  Investments are denominated in U.S. dollars.

^b  This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933.

^c  All or a portion of this security represents a security on loan. See Note 1.

^d  Variable rate security. Rate shown is as of report date.

^e  Affiliated issuer. See Note 2.

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

^g  All or a portion of this security represents an investment of securities lending collateral. See Note 1.

See accompanying notes to schedules of investments.

5

Schedule of Investments (Unaudited)

iSHARES^® EMERGING MARKETS HIGH YIELD BOND ETF

July 31, 2015

Security	Principal (000s)		Value
CORPORATE BONDS & NOTESa — 44.97%
ARGENTINA — 0.77%
YPF SA
8.50%, 07/28/25b	$	800	$	770,720
8.75%, 04/04/24b		765		755,208
8.88%, 12/19/18b		300		312,000
				1,837,928
BARBADOS — 0.27%
Columbus International Inc.
7.38%, 03/30/21 (Call 03/30/18)b		600		637,500
				637,500
BRAZIL — 12.08%
Banco BTG Pactual SA/Cayman Islands
5.75%, 09/28/22b		300		267,360
Banco do Brasil SA
5.88%, 01/19/23b		600		571,131
Banco Votorantim SA
7.38%, 01/21/20b		600		629,250
Caixa Economica Federal
7.25%, 07/23/24 (Call 07/23/19)b,c		200		192,600
Centrais Eletricas Brasileiras SA
5.75%, 10/27/21b		800		711,600
6.88%, 07/30/19b		700		686,000
CSN Resources SA
6.50%, 07/21/20b		500		380,000
Fibria Overseas Finance Ltd.
5.25%, 05/12/24		250		251,563
JBS Investments GmbH
7.25%, 04/03/24 (Call 04/03/19)b		800		822,000
7.75%, 10/28/20 (Call 10/28/17)b		400		432,000
JBS USA LLC/JBS USA Finance Inc.
5.75%, 06/15/25 (Call 06/15/20)b		500		495,472
5.88%, 07/15/24 (Call 07/15/19)b		200		203,000
7.25%, 06/01/21 (Call 08/31/15)b		450		473,062
8.25%, 02/01/20 (Call 08/31/15)b		400		424,000
Marfrig Holding Europe BV
6.88%, 06/24/19 (Call 06/24/17)b		400		368,000
8.38%, 05/09/18b		200		198,000
Marfrig Overseas Ltd.
9.50%, 05/04/20 (Call 08/31/15)b		785		797,756
Minerva Luxembourg SA
7.75%, 01/31/23 (Call 01/31/18)b		800		803,760
Odebrecht Drilling Norbe VIII/IX Ltd.
6.35%, 06/30/22 (Call 06/30/20)b		656		472,320
Odebrecht Offshore Drilling Finance Ltd.
6.63%, 10/01/23 (Call 10/01/21)b		379		240,767
6.75%, 10/01/23 (Call 12/01/21)b		735		474,256
Oi SA
5.75%, 02/10/22b		600		475,320
Petrobras Global Finance BV
3.00%, 01/15/19		1,200		1,089,000
3.25%, 03/17/17		1,500		1,463,010
4.38%, 05/20/23		1,000		838,940

Security	Principal (000s)		Value
4.88%, 03/17/20	$	1,000	$	929,110
5.38%, 01/27/21		2,600		2,420,496
5.63%, 05/20/43		850		630,105
5.75%, 01/20/20		1,000		964,240
6.25%, 03/17/24		1,700		1,591,030
6.85%, 06/05/15		1,200		969,816
6.88%, 01/20/40		825		701,250
7.25%, 03/17/44		600		526,542
7.88%, 03/15/19		1,450		1,508,000
8.38%, 12/10/18		400		426,636
Petrobras International Finance Co. SA
3.50%, 02/06/17		1,100		1,078,407
5.88%, 03/01/18		890		893,560
6.75%, 01/27/41		1,650		1,373,625
Telemar Norte Leste SA
5.50%, 10/23/20b		1,100		946,000
				28,718,984
CHILE — 0.26%
VTR Finance BV
6.88%, 01/15/24 (Call 01/15/19)b		600		610,500
				610,500
CHINA — 3.04%
Agile Property Holdings Ltd.
8.38%, 02/18/19 (Call 02/18/17)b		200		199,978
8.88%, 04/28/17 (Call 08/31/15)b		270		273,375
9.88%, 03/20/17b		600		622,500
Country Garden Holdings Co. Ltd.
7.25%, 04/04/21 (Call 10/04/17)b		200		203,760
7.50%, 03/09/20 (Call 03/09/18)b		600		624,168
7.50%, 01/10/23 (Call 01/10/18)b		500		511,250
7.88%, 05/27/19 (Call 05/27/17)b		200		214,000
Evergrande Real Estate Group Ltd.
8.75%, 10/30/18 (Call 10/30/16)b		900		864,000
12.00%, 02/17/20 (Call 02/17/18)b		400		396,607
Greenland Hong Kong Holdings Ltd.
4.75%, 10/18/16b		600		603,000
Greentown China Holdings Ltd.
8.00%, 03/24/19 (Call 03/24/17)b		600		639,024
8.50%, 02/04/18 (Call 02/04/16)b		400		421,000
Kaisa Group Holdings Ltd.
10.25%, 01/08/20 (Call 01/08/17)b,d		200		109,500
KWG Property Holding Ltd.
8.98%, 01/14/19 (Call 01/14/17)b		200		203,973
SOHO China Ltd.
5.75%, 11/07/17 (Call 11/07/15)b		200		205,202
Sunac China Holdings Ltd.
9.38%, 04/05/18 (Call 04/05/16)b		200		204,254
Trillion Chance Ltd.
8.50%, 01/10/19 (Call 01/10/17)b		400		391,420
Yancoal International Resources Development Co. Ltd.
5.73%, 05/16/22b		600		535,044
				7,222,055
COLOMBIA — 1.68%
Banco Davivienda SA
5.88%, 07/09/22b		200		206,000
Banco de Bogota SA
5.38%, 02/19/23b		200		204,000

6

Schedule of Investments (Unaudited) (Continued)

iSHARES^® EMERGING MARKETS HIGH YIELD BOND ETF

July 31, 2015

Security	Principal (000s)		Value
Bancolombia SA
5.13%, 09/11/22	$	500	$	497,000
6.13%, 07/26/20		400		424,600
Colombia Telecomunicaciones SA ESP
5.38%, 09/27/22 (Call 09/27/17)b		600		597,300
Grupo Aval Ltd.
4.75%, 09/26/22b		600		589,500
Pacific Rubiales Energy Corp.
5.13%, 03/28/23 (Call 03/28/18)b		600		379,500
5.38%, 01/26/19 (Call 01/26/17)b		800		568,000
5.63%, 01/19/25 (Call 01/19/20)b		500		316,100
7.25%, 12/12/21 (Call 12/12/16)b		300		211,500
				3,993,500
HONG KONG — 1.02%
Bank of East Asia Ltd. (The)
4.25%, 11/20/24 (Call 11/20/19)b,c		400		402,979
MCE Finance Ltd.
5.00%, 02/15/21 (Call 02/15/16)b		400		380,000
Shimao Property Holdings Ltd.
6.63%, 01/14/20 (Call 01/14/17)b		600		615,000
8.13%, 01/22/21 (Call 01/22/18)b		200		210,000
8.38%, 02/10/22 (Call 02/10/19)b		800		829,318
				2,437,297
INDIA — 1.45%
ABJA Investment Co. Pte Ltd.
4.85%, 01/31/20b		200		200,760
5.95%, 07/31/24b		400		394,000
ICICI Bank Ltd.
6.38%, 04/30/22 (Call 04/30/17)b,c		277		286,695
IDBI Bank Ltd.
3.75%, 01/25/19b		200		201,188
IDBI Bank Ltd./DIFC Dubai
4.38%, 03/26/18b		200		205,793
Vedanta Resources PLC
6.00%, 01/31/19b		1,400		1,302,784
7.13%, 05/31/23b		200		176,000
8.25%, 06/07/21b		400		377,000
9.50%, 07/18/18b		300		312,000
				3,456,220
INDONESIA — 3.86%
Majapahit Holding BV
7.75%, 10/17/16b		300		321,000
7.75%, 01/20/20b		500		574,400
7.88%, 06/29/37b		400		460,000
8.00%, 08/07/19b		1,100		1,271,875
Pelabuhan Indonesia II PT
4.25%, 05/05/25b		600		564,000
Pertamina Persero PT
4.30%, 05/20/23b		900		866,430
4.88%, 05/03/22b		1,000		1,000,000
5.25%, 05/23/21b		400		414,000
5.63%, 05/20/43b		600		525,780
6.00%, 05/03/42b		600		551,280
6.45%, 05/30/44b		1,000		972,500
6.50%, 05/27/41b		200		197,240
Perusahaan Gas Negara Persero Tbk PT
5.13%, 05/16/24b		600		606,600

Security	Principal (000s)		Value
Perusahaan Listrik Negara PT
5.25%, 10/24/42b	$	500	$	432,500
5.50%, 11/22/21b		400		422,520
				9,180,125
JAMAICA — 1.17%
Digicel Group Ltd.
7.13%, 04/01/22 (Call 04/01/17)b		400		367,000
8.25%, 09/30/20 (Call 09/30/16)b		700		691,250
Digicel Ltd.
6.00%, 04/15/21 (Call 04/15/16)b		600		565,500
6.75%, 03/01/23 (Call 03/01/18)b		1,200		1,151,400
				2,775,150
KAZAKHSTAN — 2.26%
Halyk Savings Bank of Kazakhstan JSC
7.25%, 05/03/17b		300		310,179
7.25%, 01/28/21b		200		206,900
Kazkommertsbank JSC
5.50%, 12/21/22b		300		237,375
KazMunaiGaz Finance Sub BV
9.13%, 07/02/18b		600		677,370
KazMunayGas National Co. JSC
4.40%, 04/30/23b		600		542,850
4.88%, 05/07/25b		800		720,800
5.75%, 04/30/43b		600		474,072
6.00%, 11/07/44b		800		644,688
6.38%, 04/09/21b		1,000		1,037,500
7.00%, 05/05/20b		500		532,500
				5,384,234
LUXEMBOURG — 0.34%
Millicom International Cellular SA
4.75%, 05/22/20 (Call 05/22/17)b		200		194,500
6.00%, 03/15/25 (Call 03/15/20)b		200		197,500
6.63%, 10/15/21 (Call 10/15/17)b		400		416,000
				808,000
MEXICO — 2.62%
Axtel SAB de CV CPO
9.00%, 01/31/20 (Call 01/31/16)b,e		300		295,500
Banco Santander Mexico SA
5.95%, 01/30/24 (Call 01/30/19)b,c		600		633,000
BBVA Bancomer SA/Texas
7.25%, 04/22/20b		400		447,200
Cemex Finance LLC
6.00%, 04/01/24 (Call 04/01/19)b		400		402,060
9.38%, 10/12/22 (Call 10/12/17)b		1,500		1,677,675
Cemex SAB de CV
5.70%, 01/11/25 (Call 01/11/20)b		600		583,200
5.88%, 03/25/19 (Call 03/25/16)b		200		203,500
6.13%, 05/05/25 (Call 05/05/20)b		600		601,500
6.50%, 12/10/19		400		416,380
7.25%, 01/15/21 (Call 01/15/18)b		300		319,500
9.50%, 06/15/18 (Call 06/15/16)b		200		219,000
Empresas ICA SAB de CV
8.88%, 05/29/24 (Call 05/29/19)b		200		126,000
8.90%, 02/04/21 (Call 02/04/16)b		400		296,000
				6,220,515

7

Schedule of Investments (Unaudited) (Continued)

iSHARES^® EMERGING MARKETS HIGH YIELD BOND ETF

July 31, 2015

Security	Principal (000s)		Value
RUSSIA — 5.90%
Alfa Bank OJSC Via Alfa Bond Issuance PLC
7.50%, 09/26/19b	$	400	$	394,632
7.75%, 04/28/21b		900		897,750
7.88%, 09/25/17b		400		420,216
ALROSA Finance SA
7.75%, 11/03/20b		800		836,200
Bank Otkritie Financial Corp OJSC via OFCB Capital PLC
7.25%, 04/25/18b		200		199,260
Credit Bank of Moscow Via CBOM Finance PLC
7.70%, 02/01/18b		200		194,744
Evraz Group SA
6.50%, 04/22/20b		600		544,104
6.75%, 04/27/18b		200		193,844
7.40%, 04/24/17b		600		614,226
9.50%, 04/24/18b		300		312,405
Gazprombank OAO Via GPB Eurobond Finance PLC
7.50%, 12/28/23 (Call 12/28/18)b,c		200		175,800
Metalloinvest Finance Ltd.
5.63%, 04/17/20b		700		649,334
MMC Norilsk Nickel OJSC via MMC Finance Ltd.
5.55%, 10/28/20b		400		399,700
Mobile Telesystems OJSC via MTS International Funding Ltd.
5.00%, 05/30/23b		400		362,000
8.63%, 06/22/20b		350		380,236
OJSC Novolipetsk Steel via Steel Funding Ltd.
4.45%, 02/19/18b		400		391,000
Russian Agricultural Bank OJSC Via RSHB Capital SA
5.10%, 07/25/18b		800		776,096
6.30%, 05/15/17b		400		405,400
Russian Railways via RZD Capital PLC
5.74%, 04/03/17b		800		820,192
Sberbank of Russia Via SB Capital SA
5.13%, 10/29/22b		800		696,000
Severstal OAO Via Steel Capital SA
5.90%, 10/17/22b		600		574,020
6.70%, 10/25/17b		200		211,000
Sibur Securities Ltd.
3.91%, 01/31/18b		500		471,875
TMK OAO Via TMK Capital SA
6.75%, 04/03/20b		200		174,000
7.75%, 01/27/18b		300		294,930
Vimpel Communications Via VIP Finance Ireland Ltd. OJSC
7.75%, 02/02/21b		400		412,560
VimpelCom Holdings BV
5.20%, 02/13/19b		800		784,000
5.95%, 02/13/23b		500		458,670
7.50%, 03/01/22b		450		453,375
VTB Bank OJSC Via VTB Capital SA
6.95%, 10/17/22b		600		542,778
				14,040,347
SINGAPORE — 0.42%
Global A&T Electronics Ltd.
10.00%, 02/01/19 (Call 02/01/16)b		200		179,004
Puma International Financing SA
6.75%, 02/01/21 (Call 02/01/17)b		800		815,808
				994,812

Security	Principal (000s)		Value
SOUTH AFRICA — 1.68%
AngloGold Ashanti Holdings PLC
5.13%, 08/01/22	$	300	$	258,000
5.38%, 04/15/20		300		277,500
Eskom Holdings SOC Ltd.
5.75%, 01/26/21b		800		777,280
6.75%, 08/06/23b		600		601,805
7.13%, 02/11/25b		600		606,360
Gold Fields Orogen Holding BVI Ltd.
4.88%, 10/07/20b		400		345,000
Myriad International Holdings BV
6.00%, 07/18/20b		800		865,617
6.38%, 07/28/17b		250		266,250
				3,997,812
SOUTH KOREA — 0.31%
Woori Bank Co. Ltd.
1.00%, 06/10/45c		200		199,341
6.21%, 05/02/67 (Call 05/02/17)b,c		500		531,250
				730,591
SRI LANKA — 0.54%
Bank of Ceylon
5.33%, 04/16/18b		200		201,500
6.88%, 05/03/17b		200		207,500
National Savings Bank
8.88%, 09/18/18b		800		864,000
				1,273,000
THAILAND — 0.09%
Krung Thai Bank PCL/Cayman Islands
5.20%, 12/26/24 (Call 12/26/19)b,c		200		205,380
				205,380
TRINIDAD AND TOBAGO — 0.61%
Consolidated Energy Finance SA
6.75%, 10/15/19 (Call 10/15/16)b		400		404,008
Petroleum Co. of Trinidad & Tobago Ltd.
9.75%, 08/14/19b		900		1,037,250
				1,441,258
TURKEY — 0.82%
Finansbank AS/Turkey
6.25%, 04/30/19b		200		205,000
Turkiye Is Bankasi AS
6.00%, 10/24/22b		600		590,100
Turkiye Vakiflar Bankasi TAO
6.00%, 11/01/22b		200		194,600
6.88%, 02/03/25 (Call 02/03/20)b,c		600		582,618
Yapi ve Kredi Bankasi AS
5.50%, 12/06/22b		400		382,160
				1,954,478

8

Schedule of Investments (Unaudited) (Continued)

iSHARES^® EMERGING MARKETS HIGH YIELD BOND ETF

July 31, 2015

Security	Principal (000s)		Value
UKRAINE — 0.07%
Metinvest BV
8.75%, 02/14/18b	$	300	$	172,380
				172,380
UNITED KINGDOM — 0.23%
ICBC Standard Bank PLC
8.13%, 12/02/19b		500		555,520
				555,520
UNITED STATES — 0.23%
Flextronics International Ltd.
4.75%, 06/15/25		200		195,250
5.00%, 02/15/23		350		354,813
				550,063
VENEZUELA — 3.25%
Petroleos de Venezuela SA
5.13%, 10/28/16		375		236,250
5.25%, 04/12/17b		1,700		819,910
5.38%, 04/12/27b		1,320		425,766
5.50%, 04/12/37b		1,045		334,400
6.00%, 05/16/24b		2,925		972,270
6.00%, 11/15/26b		2,750		896,775
8.50%, 11/02/17b		3,421		2,331,411
9.00%, 11/17/21b		1,285		512,394
9.75%, 05/17/35b		1,250		500,000
12.75%, 02/17/22b		1,500		705,750
				7,734,926
TOTAL CORPORATE BONDS & NOTES
(Cost: $114,663,098)				106,932,575
FOREIGN GOVERNMENT OBLIGATIONSa — 52.57%
ARGENTINA — 2.03%
Argentine Republic Government International Bond
2.50%, 12/31/38		2,914		1,695,948
8.28%, 12/31/33		673		626,206
8.28%, 12/31/33		2,082		1,993,540
8.75%, 06/02/17		532		513,429
				4,829,123
COSTA RICA — 0.86%
Costa Rica Government International Bond
4.25%, 01/26/23b		600		552,000
4.38%, 04/30/25b		200		179,500
5.63%, 04/30/43b		200		166,500
7.00%, 04/04/44b		600		573,000
7.16%, 03/12/45b		600		576,750
				2,047,750

Security	Principal (000s)		Value
CROATIA — 2.28%
Croatia Government International Bond
5.50%, 04/04/23b	$	600	$	616,802
6.00%, 01/26/24b		800		841,032
6.25%, 04/27/17b		700		739,270
6.38%, 03/24/21b		400		430,500
6.63%, 07/14/20b		1,700		1,859,804
6.75%, 11/05/19b		850		935,000
				5,422,408
DOMINICAN REPUBLIC — 1.90%
Dominican Republic International Bond
5.50%, 01/27/25b		600		603,000
5.88%, 04/18/24b		500		521,250
6.60%, 01/28/24b		600		650,400
6.85%, 01/27/45b		1,400		1,421,000
7.45%, 04/30/44b		600		645,000
7.50%, 05/06/21b		600		670,500
				4,511,150
ECUADOR — 0.66%
Ecuador Government International Bond
7.95%, 06/20/24b		1,200		1,005,000
10.50%, 03/24/20b		600		573,000
				1,578,000
EGYPT — 0.58%
Egypt Government International Bond
5.75%, 04/29/20b		400		417,896
5.88%, 06/11/25b		600		587,400
6.88%, 04/30/40b		400		384,080
				1,389,376
EL SALVADOR — 1.04%
El Salvador Government International Bond
5.88%, 01/30/25b		300		283,125
6.38%, 01/18/27b		550		524,150
7.63%, 02/01/41b		300		297,375
7.65%, 06/15/35b		800		799,000
7.75%, 01/24/23b		320		343,200
8.25%, 04/10/32b		200		215,750
				2,462,600
GUATEMALA — 0.39%
Guatemala Government Bond
4.88%, 02/13/28b		300		294,750
5.75%, 06/06/22b		600		640,500
				935,250
HUNGARY — 4.03%
Hungary Government International Bond
4.00%, 03/25/19		500		520,000
4.13%, 02/19/18		1,010		1,052,420
5.38%, 02/21/23		760		827,959
5.38%, 03/25/24		1,250		1,367,750
5.75%, 11/22/23		800		892,480
6.25%, 01/29/20		800		902,093
6.38%, 03/29/21		1,800		2,057,400
7.63%, 03/29/41		832		1,117,692

9

Schedule of Investments (Unaudited) (Continued)

iSHARES^® EMERGING MARKETS HIGH YIELD BOND ETF

July 31, 2015

Security	Principal (000s)		Value
Magyar Export-Import Bank Zrt
4.00%, 01/30/20b	$	200	$	201,703
5.50%, 02/12/18b		600		638,280
				9,577,777
INDONESIA — 7.62%
Indonesia Government International Bond
3.38%, 04/15/23b		570		540,788
3.75%, 04/25/22b		1,500		1,481,250
4.13%, 01/15/25b		1,000		987,500
4.63%, 04/15/43b		1,000		905,000
4.88%, 05/05/21b		1,100		1,163,250
5.13%, 01/15/45b		1,400		1,347,500
5.25%, 01/17/42b		1,400		1,365,000
5.38%, 10/17/23b		400		431,000
5.88%, 03/13/20b		800		890,000
5.88%, 01/15/24b		1,200		1,338,000
6.63%, 02/17/37b		1,000		1,126,250
6.75%, 01/15/44b		1,000		1,165,000
6.88%, 03/09/17b		400		433,000
6.88%, 01/17/18b		1,000		1,117,500
7.75%, 01/17/38b		800		1,014,000
8.50%, 10/12/35b		650		872,625
11.63%, 03/04/19b		1,500		1,953,750
				18,131,413
JAMAICA — 0.52%
Jamaica Government International Bond
7.63%, 07/09/25		600		669,000
8.00%, 06/24/19		300		335,384
8.00%, 03/15/39		200		223,250
				1,227,634
LEBANON — 2.52%
Lebanese Republic
6.65%, 02/26/30b		900		916,830
Lebanon Government International Bond
4.75%, 11/02/16b		300		301,289
5.15%, 11/12/18b		450		453,825
5.80%, 04/14/20b		900		905,625
6.00%, 05/20/19b		300		309,375
6.15%, 06/19/20		400		412,580
6.20%, 02/26/25b		200		202,016
6.38%, 03/09/20		600		624,000
8.25%, 04/12/21b		1,100		1,242,560
9.00%, 03/20/17		570		613,206
				5,981,306
MOROCCO — 0.60%
Morocco Government International Bond
4.25%, 12/11/22b		1,200		1,220,400
5.50%, 12/11/42b		200		201,750
				1,422,150
NIGERIA — 0.25%
Nigeria Government International Bond
5.13%, 07/12/18b		200		198,652
6.38%, 07/12/23b		200		195,040
6.75%, 01/28/21b		200		202,780
				596,472

Security	Principal (000s)		Value
PAKISTAN — 0.64%
Pakistan Government International Bond
6.88%, 06/01/17b	$	200	$	207,855
7.25%, 04/15/19b		800		833,000
8.25%, 04/15/24b		450		480,375
				1,521,230
RUSSIA — 8.95%
Russian Foreign Bond — Eurobond
3.25%, 04/04/17b		1,200		1,218,000
3.50%, 01/16/19b		800		790,000
4.50%, 04/04/22b		1,200		1,167,000
4.88%, 09/16/23b		1,600		1,556,000
5.00%, 04/29/20b		2,000		2,039,656
5.63%, 04/04/42b		1,800		1,650,600
5.88%, 09/16/43b		800		754,896
7.50%, 03/31/30b,e		7,126		8,336,981
11.00%, 07/24/18b		1,600		1,926,824
12.75%, 06/24/28b		1,200		1,854,000
				21,293,957
SERBIA — 1.40%
Republic of Serbia
4.88%, 02/25/20b		600		605,250
5.25%, 11/21/17b		400		414,380
5.88%, 12/03/18b		900		946,908
7.25%, 09/28/21b		1,200		1,350,000
				3,316,538
SRI LANKA — 1.00%
Sri Lanka Government International Bond
5.88%, 07/25/22b		600		594,750
6.00%, 01/14/19b		400		411,000
6.25%, 10/04/20b		650		669,500
6.25%, 07/27/21b		699		712,106
				2,387,356
TURKEY — 11.00%
Export Credit Bank of Turkey
5.00%, 09/23/21b		200		201,250
5.38%, 11/04/16b		200		207,854
Turkey Government International Bond
3.25%, 03/23/23		554		509,569
4.25%, 04/14/26		1,400		1,326,500
4.88%, 04/16/43		1,300		1,170,000
5.13%, 03/25/22		442		459,935
5.63%, 03/30/21		850		911,098
5.75%, 03/22/24		1,000		1,074,284
5.88%, 04/24/19b		600		634,950
6.00%, 01/14/41		2,000		2,090,000
6.25%, 09/26/22		1,800		1,988,640
6.63%, 02/17/45		600		685,200
6.75%, 04/03/18		1,250		1,374,750
6.75%, 05/30/40		875		997,500
6.88%, 03/17/36		2,070		2,380,500

10

Schedule of Investments (Unaudited) (Continued)

iSHARES^® EMERGING MARKETS HIGH YIELD BOND ETF

July 31, 2015

Security	Principal (000s)		Value
7.00%, 09/26/16	$	500	$	531,485
7.00%, 03/11/19		800		896,240
7.00%, 06/05/20		950		1,077,585
7.25%, 03/05/38		410		492,902
7.38%, 02/05/25		1,820		2,165,800
7.50%, 07/14/17		1,600		1,760,960
7.50%, 11/07/19		1,150		1,320,545
8.00%, 02/14/34		763		976,640
11.88%, 01/15/30		554		925,640
				26,159,827
UKRAINE — 1.11%
Ukraine Government International Bond
6.58%, 11/21/16b		850		492,592
6.75%, 11/14/17b		400		234,080
7.50%, 04/17/23b		400		234,016
7.75%, 09/23/20b		1,200		690,240
7.80%, 11/28/22b		1,200		702,600
7.95%, 02/23/21b		500		291,500
				2,645,028
VENEZUELA — 2.77%
Venezuela Government International Bond
6.00%, 12/09/20b		605		210,238
7.00%, 12/01/18b		800		328,000
7.00%, 03/31/38b		650		223,437
7.65%, 04/21/25		608		214,320
7.75%, 10/13/19b		1,050		388,500
8.25%, 10/13/24b		1,625		585,000
9.00%, 05/07/23b		795		290,175
9.25%, 09/15/27		2,220		926,850
9.25%, 05/07/28b		900		332,100
9.38%, 01/13/34		585		220,838
11.75%, 10/21/26b		1,900		791,350
11.95%, 08/05/31b		2,495		1,035,425
12.75%, 08/23/22b		1,850		823,250
13.63%, 08/15/18		300		209,250
				6,578,733
VIETNAM — 0.42%
Vietnam Government International Bond
4.80%, 11/19/24b		600		600,750
6.75%, 01/29/20b		350		388,500
				989,250
TOTAL FOREIGN GOVERNMENT OBLIGATIONS
(Cost: $131,778,855)				125,004,328

Security	Shares (000s)		Value
SHORT-TERM INVESTMENTS — 0.85%
MONEY MARKET FUNDS — 0.85%
BlackRock Cash Funds: Treasury, SL Agency Shares
0.02%f,g		2,030	$	2,030,139
				2,030,139
TOTAL SHORT-TERM INVESTMENTS
(Cost: $2,030,139)				2,030,139
TOTAL INVESTMENTS IN SECURITIES — 98.39%
(Cost: $248,472,092)				233,967,042
Other Assets, Less Liabilities — 1.61%				3,837,177
NET ASSETS — 100.00%			$	237,804,219

CPO — Certificates of Participation (Ordinary)

^a  Investments are denominated in U.S. dollars.

^b  This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933.

^c  Variable rate security. Rate shown is as of report date.

^d  Issuer is in default of interest payments.

^e  Step coupon security. Coupon rate will either increase (step-up bond) or decrease (step-down bond) at regular intervals until maturity. Interest rate shown reflects the rate currently in effect.

^f  Affiliated issuer. See Note 2.

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

See accompanying notes to schedules of investments.

11

Schedule of Investments (Unaudited)

iSHARES^® EMERGING MARKETS LOCAL CURRENCY BOND ETF

July 31, 2015

Security	Principal (000s)			Value
FOREIGN GOVERNMENT OBLIGATIONS — 95.92%
BRAZIL — 14.17%
Brazil Letras do Tesouro Nacional
0.00%, 01/01/16		BRL	39,157	$	10,860,963
0.00%, 04/01/16		BRL	23,156		6,229,682
0.00%, 07/01/16		BRL	30,279		7,888,634
0.00%, 10/01/16		BRL	19,000		4,793,497
0.00%, 01/01/17		BRL	49,718		12,191,853
0.00%, 07/01/17		BRL	4,286		993,312
0.00%, 01/01/18		BRL	19,600		4,288,262
0.00%, 07/01/18		BRL	11,300		2,336,788
0.00%, 01/01/19		BRL	18,783		3,644,838
Brazil Notas do Tesouro Nacional Series F
10.00%, 01/01/18		BRL	29,354		8,123,559
10.00%, 01/01/19		BRL	2,138		581,057
10.00%, 01/01/21		BRL	35,752		9,399,155
10.00%, 01/01/23		BRL	20,882		5,328,624
10.00%, 01/01/25		BRL	23,050		5,739,621
Brazilian Government International Bond
8.50%, 01/05/24		BRL	500		139,392
10.25%, 01/10/28		BRL	1,420		433,961
12.50%, 01/05/16		BRL	1,400		404,251
12.50%, 01/05/22		BRL	1,633		550,517
					83,927,966
CHILE — 0.23%
Bonos del Banco Central de Chile en Pesos
4.50%, 04/01/20		CLP	220,000		339,630
4.50%, 06/01/20		CLP	220,000		336,731
6.00%, 02/01/21		CLP	35,000		58,737
Chile Government International Bond
5.50%, 08/05/20		CLP	416,000		659,642
					1,394,740
COLOMBIA — 4.26%
Colombia Government International Bond
7.75%, 04/14/21		COP	496,000		186,072
9.85%, 06/28/27		COP	2,998,000		1,280,348
Colombian TES
6.00%, 04/28/28		COP	4,545,000		1,368,487
7.00%, 09/11/19		COP	6,790,000		2,470,583
7.00%, 05/04/22		COP	4,322,000		1,528,726
7.25%, 06/15/16		COP	2,617,000		935,452
7.50%, 08/26/26		COP	7,725,800		2,671,919
7.75%, 09/18/30		COP	2,050,000		702,410
8.00%, 10/28/15		COP	16,026,000		5,650,683
10.00%, 07/24/24		COP	7,616,000		3,161,715
11.00%, 07/24/20		COP	8,156,000		3,428,209
11.25%, 10/24/18		COP	4,568,000		1,861,870
					25,246,474
CZECH REPUBLIC — 3.17%
Czech Republic Government Bond
0.85%, 03/17/18a		CZK	35,030		1,460,087

Security	Principal (000s)			Value
1.50%, 10/29/19a		CZK	13,470	$	581,061
3.75%, 09/12/20a		CZK	41,490		1,993,259
3.85%, 09/29/21a		CZK	38,940		1,928,974
4.00%, 04/11/17a		CZK	42,590		1,861,618
4.20%, 12/04/36a		CZK	50,460		2,902,561
4.60%, 08/18/18a		CZK	66,550		3,093,586
4.70%, 09/12/22a		CZK	22,760		1,198,699
5.70%, 05/25/24a		CZK	37,010		2,158,815
6.95%, 01/26/16a		CZK	37,290		1,571,658
					18,750,318
HUNGARY — 2.70%
Hungary Government Bond
4.00%, 04/25/18		HUF	284,340		1,069,661
5.50%, 02/12/16		HUF	654,070		2,402,395
5.50%, 12/20/18		HUF	211,430		835,492
5.50%, 06/24/25		HUF	299,780		1,230,479
6.00%, 11/24/23		HUF	441,220		1,853,181
6.50%, 06/24/19		HUF	701,550		2,877,318
6.75%, 11/24/17		HUF	222,000		888,581
7.00%, 06/24/22		HUF	701,800		3,074,165
7.50%, 11/12/20		HUF	396,400		1,737,387
					15,968,659
INDONESIA — 4.32%
Indonesia Treasury Bond
5.63%, 05/15/23		IDR	7,531,000		463,467
6.63%, 05/15/33		IDR	22,700,000		1,344,968
7.00%, 05/15/22		IDR	34,205,000		2,322,476
7.88%, 04/15/19		IDR	41,369,000		3,027,559
8.25%, 06/15/32		IDR	45,384,000		3,178,809
8.38%, 03/15/24		IDR	13,138,000		956,639
8.38%, 09/15/26		IDR	6,000,000		437,997
8.38%, 03/15/34		IDR	12,674,000		896,151
9.50%, 07/15/31		IDR	74,295,000		5,812,612
10.00%, 07/15/17		IDR	21,137,000		1,620,818
10.00%, 09/15/24		IDR	17,060,000		1,368,331
10.00%, 02/15/28		IDR	9,815,000		793,167
10.50%, 07/15/38		IDR	4,860,000		413,525
11.00%, 11/15/20		IDR	15,732,000		1,285,076
11.00%, 09/15/25		IDR	19,220,000		1,639,415
					25,561,010
ISRAEL — 4.41%
Israel Government Bond — Fixed
2.25%, 05/31/19		ILS	4,169		1,167,208
4.00%, 01/31/18		ILS	11,175		3,234,496
4.25%, 03/31/23		ILS	16,251		5,040,528
5.00%, 01/31/20		ILS	6,909		2,155,959
5.50%, 02/28/17		ILS	8,658		2,492,266
5.50%, 01/31/22		ILS	3,150		1,039,785
5.50%, 01/31/42		ILS	5,562		2,012,972
6.00%, 02/28/19		ILS	20,291		6,401,100
6.25%, 10/30/26		ILS	3,650		1,338,159
Israel Government Bond — Shahar
6.50%, 01/31/16		ILS	4,545		1,246,488
					26,128,961

12

Schedule of Investments (Unaudited) (Continued)

iSHARES^® EMERGING MARKETS LOCAL CURRENCY BOND ETF

July 31, 2015

Security	Principal (000s)			Value
MALAYSIA — 4.43%
Malaysia Government Bond
3.49%, 03/31/20		MYR	6,899	$	1,790,655
3.50%, 05/31/27		MYR	3,546		860,460
3.73%, 06/15/28		MYR	1,800		444,406
3.84%, 08/12/15		MYR	31,609		8,265,698
4.01%, 09/15/17		MYR	6,148		1,635,260
4.05%, 09/30/21		MYR	3,374		881,263
4.13%, 04/15/32		MYR	7,400		1,886,153
4.39%, 04/15/26		MYR	10,565		2,813,641
4.50%, 04/15/30		MYR	3,300		878,260
5.73%, 07/30/19		MYR	17,350		4,886,127
Malaysia Government Investment Issue
4.17%, 04/30/21		MYR	7,098		1,879,722
					26,221,645
MEXICO — 8.72%
Mexican Bonos
5.00%, 06/15/17		MXN	23,466		1,485,875
6.25%, 06/16/16		MXN	25,955		1,657,595
6.50%, 06/10/21		MXN	61,634		4,013,411
7.25%, 12/15/16		MXN	99,770		6,499,605
7.50%, 06/03/27		MXN	75,449		5,187,414
7.75%, 12/14/17		MXN	48,350		3,243,645
7.75%, 05/29/31		MXN	31,508		2,215,375
7.75%, 11/13/42		MXN	45,649		3,225,251
8.00%, 12/17/15		MXN	27,900		1,771,055
8.00%, 06/11/20		MXN	10,320		716,706
8.00%, 12/07/23		MXN	69,446		4,905,420
8.50%, 12/13/18		MXN	76,843		5,320,723
8.50%, 11/18/38		MXN	27,030		2,047,013
10.00%, 12/05/24		MXN	83,277		6,662,036
10.00%, 11/20/36		MXN	30,767		2,663,750
					51,614,874
NIGERIA — 1.07%
Nigeria Government Bond
10.00%, 07/23/30		NGN	153,200		528,355
13.05%, 08/16/16		NGN	288,600		1,421,268
14.20%, 03/14/24		NGN	322,620		1,580,012
15.10%, 04/27/17		NGN	201,926		1,017,233
16.39%, 01/27/22		NGN	334,287		1,784,710
					6,331,578
PERU — 1.01%
Peru Government Bond
5.70%, 08/12/24		PEN	1,895		561,120
6.85%, 02/12/42		PEN	2,410		714,246
6.90%, 08/12/37		PEN	781		236,787
6.95%, 08/12/31		PEN	3,112		957,727
8.20%, 08/12/26		PEN	10,172		3,521,529
					5,991,409
PHILIPPINES — 4.50%
Philippine Government Bond
2.88%, 05/22/17		PHP	63,740		1,399,102
3.88%, 11/22/19		PHP	45,000		1,005,772
4.00%, 12/06/22		PHP	44,000		982,893

Security	Principal (000s)			Value
4.13%, 08/20/24		PHP	50,000	$	1,135,126
5.00%, 08/18/18		PHP	116,380		2,688,458
6.38%, 01/19/22		PHP	77,798		1,949,687
7.00%, 01/27/16		PHP	139,096		3,100,836
7.00%, 03/31/17		PHP	23,140		541,294
8.00%, 07/19/31		PHP	38,500		1,221,907
8.13%, 12/16/35		PHP	224,015		7,028,974
8.50%, 11/29/32		PHP	39,730		1,269,762
Philippine Government International Bond
4.95%, 01/15/21		PHP	126,000		2,892,890
6.25%, 01/14/36		PHP	57,000		1,423,972
					26,640,673
POLAND — 4.29%
Poland Government Bond
0.00%, 01/25/16		PLN	12,591		3,328,161
3.25%, 07/25/19		PLN	7,334		2,027,272
3.25%, 07/25/25		PLN	4,753		1,300,248
3.75%, 04/25/18		PLN	15,000		4,178,950
4.00%, 10/25/23		PLN	7,500		2,166,167
4.75%, 10/25/16		PLN	10,657		2,942,385
5.00%, 04/25/16		PLN	5,774		1,574,175
5.25%, 10/25/20		PLN	7,244		2,184,437
5.50%, 10/25/19		PLN	3,477		1,044,975
5.75%, 09/23/22		PLN	14,580		4,639,665
					25,386,435
ROMANIA — 1.95%
Romania Government Bond
4.75%, 06/24/19		RON	4,700		1,274,376
5.60%, 11/28/18		RON	3,680		1,020,023
5.75%, 01/27/16		RON	4,040		1,034,139
5.85%, 04/26/23		RON	9,570		2,739,869
5.90%, 07/26/17		RON	4,960		1,341,330
6.75%, 06/11/17		RON	9,640		2,632,749
Romanian Government International Bond
4.75%, 08/29/16		RON	5,820		1,508,800
					11,551,286
RUSSIA — 2.90%
Russian Federal Bond — OFZ
6.00%, 05/11/16		RUB	56,778		899,828
6.20%, 01/31/18		RUB	76,303		1,131,579
6.70%, 05/15/19		RUB	43,201		621,914
6.80%, 12/11/19		RUB	37,138		529,155
7.00%, 01/25/23		RUB	127,000		1,706,940
7.05%, 01/19/28		RUB	60,500		760,902
7.40%, 04/19/17		RUB	99,240		1,552,934
7.40%, 06/14/17		RUB	102,560		1,595,340
7.50%, 03/15/18		RUB	65,773		1,001,825
7.50%, 02/27/19		RUB	84,000		1,249,167
7.60%, 04/14/21		RUB	190,974		2,738,275
8.15%, 02/03/27		RUB	226,635		3,163,549
Russian Foreign Bond — Eurobond
7.85%, 03/10/18a		RUB	15,000		229,579
					17,180,987

13

Schedule of Investments (Unaudited) (Continued)

iSHARES^® EMERGING MARKETS LOCAL CURRENCY BOND ETF

July 31, 2015

Security	Principal (000s)			Value
SOUTH AFRICA — 4.34%
South Africa Government Bond
6.25%, 03/31/36		ZAR	62,209	$	3,753,643
6.50%, 02/28/41		ZAR	49,808		3,027,112
6.75%, 03/31/21		ZAR	45,260		3,398,715
7.25%, 01/15/20		ZAR	16,428		1,274,970
8.00%, 01/31/30		ZAR	25,760		1,937,359
8.25%, 09/15/17		ZAR	52,607		4,246,634
8.50%, 01/31/37		ZAR	14,680		1,124,183
8.75%, 02/28/48		ZAR	29,300		2,290,681
10.50%, 12/21/26		ZAR	47,274		4,362,457
13.50%, 09/15/15		ZAR	567		45,249
13.50%, 09/15/16		ZAR	2,667		225,854
					25,686,857
SOUTH KOREA — 20.84%
Korea Monetary Stabilization Bond
2.80%, 08/02/15		KRW	2,577,000		2,202,436
2.90%, 12/02/15		KRW	11,822,000		10,149,957
Korea Treasury Bond
2.75%, 09/10/17		KRW	16,615,260		14,504,115
2.75%, 12/10/44		KRW	680,000		587,061
3.00%, 12/10/42		KRW	5,425,970		4,909,271
3.13%, 03/10/19		KRW	6,500,000		5,793,479
3.50%, 03/10/17		KRW	8,612,000		7,571,701
3.50%, 03/10/24		KRW	4,862,430		4,514,333
3.75%, 06/10/22		KRW	3,000,000		2,807,384
3.75%, 12/10/33		KRW	3,325,410		3,307,023
4.00%, 03/10/16		KRW	7,159,600		6,208,780
4.00%, 12/10/31		KRW	9,510,250		9,630,535
4.25%, 06/10/21		KRW	4,656,000		4,432,740
4.75%, 12/10/30		KRW	4,743,000		5,153,237
5.00%, 09/10/16		KRW	5,514,000		4,885,767
5.00%, 06/10/20		KRW	8,100,000		7,857,239
5.25%, 09/10/15		KRW	7,890,260		6,770,728
5.25%, 03/10/27		KRW	5,000,000		5,444,900
5.50%, 09/10/17		KRW	4,274,600		3,937,680
5.50%, 12/10/29		KRW	5,713,290		6,593,805
5.75%, 09/10/18		KRW	6,400,000		6,113,897
					123,376,068
THAILAND — 4.36%
Thailand Government Bond
3.58%, 12/17/27		THB	162,108		4,778,334
3.65%, 12/17/21		THB	30,650		926,022
3.78%, 06/25/32		THB	61,242		1,783,655
3.80%, 06/14/41		THB	30,000		855,892
3.85%, 12/12/25		THB	84,479		2,611,215
3.88%, 06/13/19		THB	37,770		1,146,185
4.13%, 11/18/16		THB	26,230		768,957
4.26%, 12/12/37a		THB	190,870		5,914,019
4.85%, 06/17/61		THB	14,000		456,679
4.88%, 06/22/29		THB	49,500		1,655,332
5.67%, 03/13/28		THB	99,420		3,528,119
6.15%, 07/07/26		THB	37,899		1,403,053
					25,827,462
TURKEY — 4.25%
Turkey Government Bond
6.30%, 02/14/18		TRY	7,776		2,606,355
8.00%, 03/12/25		TRY	2,500		824,465
8.50%, 07/10/19		TRY	12,410		4,337,009

Security		Principal or Shares (000s)		Value
8.50%, 09/14/22	TRY		10,372	$	3,566,584
8.80%, 09/27/23	TRY		6,874		2,401,061
9.00%, 01/27/16	TRY		17,110		6,162,285
9.00%, 07/24/24	TRY		4,123		1,452,086
10.50%, 01/15/20	TRY		10,095		3,794,714
					25,144,559
TOTAL FOREIGN GOVERNMENT OBLIGATIONS
(Cost: $662,294,299)					567,931,961
SHORT-TERM INVESTMENTS — 0.04%
MONEY MARKET FUNDS — 0.04%
BlackRock Cash Funds: Treasury, SL Agency Shares
0.02%b,c			201		200,852
					200,852
TOTAL SHORT-TERM INVESTMENTS
(Cost: $200,852)					200,852
TOTAL INVESTMENTS IN SECURITIES — 95.96%
(Cost: $662,495,151)					568,132,813
Other Assets, Less Liabilities — 4.04%					23,935,308
NET ASSETS — 100.00%				$	592,068,121

BRL	—  Brazilian Real
CLP	—  Chilean Peso
COP	—  Colombian Peso
CZK	—  Czech Koruna
HUF	—  Hungarian Forint
IDR	—  Indonesian Rupiah
ILS	—  New Israeli Shekel
KRW	—  South Korean Won
MXN	—  Mexican Peso
MYR	—  Malaysian Ringgit
NGN	—  Nigerian Naira
PEN	—  Peru Nuevo Sol
PHP	—  Philippine Peso
PLN	—  Polish Zloty
RON	—  Romanian Leu
RUB	—  New Russian Ruble
THB	—  Thai Baht
TRY	—  Turkish Lira
ZAR	—  South African Rand

^a  This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933.

^b  Affiliated issuer. See Note 2.

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

See accompanying notes to schedules of investments.

14

Schedule of Investments (Unaudited)

iSHARES^® GLOBAL ex USD HIGH YIELD CORPORATE BOND ETF

July 31, 2015

Security	Principal (000s)			Value
CORPORATE BONDS & NOTES — 97.76%
AUSTRALIA — 0.36%
Origin Energy Finance Ltd.
4.00%, 09/16/74 (Call 09/16/19)a,b		EUR	850	$	869,862
					869,862
AUSTRIA — 0.91%
BAWAG PSK Bank fuer Arbeit und Wirtschaft und Oesterreichische Postsparkasse AG
8.13%, 10/30/23a		EUR	200		271,440
Raiffeisen Bank International AG
4.50%, 02/21/25 (Call 02/21/20)a,b		EUR	400		361,286
6.00%, 10/16/23a		EUR	500		533,090
6.63%, 05/18/21		EUR	400		452,988
Raiffeisenlandesbank Niederoesterreich-Wien AG
5.88%, 11/27/23a		EUR	200		195,006
Wienerberger AG
4.00%, 04/17/20		EUR	300		353,969
					2,167,779
BELGIUM — 0.48%
Barry Callebaut Services NV
5.63%, 06/15/21a		EUR	200		262,446
6.00%, 07/13/17		EUR	300		363,109
Ontex Group NV
4.75%, 11/15/21 (Call 11/15/17)a		EUR	200		233,123
Univeg Holding BV
7.88%, 11/15/20 (Call 11/15/16)a		EUR	250		287,952
					1,146,630
CANADA — 2.93%
Air Canada
7.63%, 10/01/19 (Call 10/01/16)c		CAD	250		206,099
Armtec Holdings Ltd.
8.88%, 09/22/17 (Call 08/31/15)d		CAD	63		5,327
Athabasca Oil Corp.
7.50%, 11/19/17 (Call 08/31/15)c		CAD	250		164,303
7.50%, 11/19/17 (Call 08/31/15)a		CAD	250		164,303
AutoCanada Inc.
5.63%, 05/25/21 (Call 05/25/17)		CAD	100		76,483
Baytex Energy Corp.
6.63%, 07/19/22 (Call 07/19/17)		CAD	250		196,971
Bombardier Inc.
6.13%, 05/15/21a		EUR	600		648,856
Canadian Energy Services & Technology Corp.
7.38%, 04/17/20 (Call 04/17/17)		CAD	250		189,285
Cascades Inc.
5.50%, 07/15/21 (Call 07/15/17)c		CAD	200		150,275
Centric Health Corp.
8.63%, 04/18/18 (Call 04/18/16)		CAD	124		77,205
Corus Entertainment Inc.
4.25%, 02/11/20a		CAD	500		367,039
Crew Energy Inc.
8.38%, 10/21/20 (Call 10/21/16)a		CAD	150		114,436

Security	Principal (000s)			Value
DHX Media Ltd.
5.88%, 12/02/21 (Call 12/02/17)		CAD	125	$	95,123
Gateway Casinos & Entertainment Ltd.
8.50%, 11/26/20 (Call 11/26/16)c		CAD	150		113,571
GFL Environmental Inc.
7.50%, 06/18/18 (Call 08/31/15)a		CAD	199		153,730
Gibson Energy Inc.
5.38%, 07/15/22 (Call 07/15/17)c		CAD	125		93,922
5.38%, 07/15/22 (Call 07/15/17)a		CAD	250		189,765
7.00%, 07/15/20 (Call 07/15/16)c		CAD	100		80,326
Great Canadian Gaming Corp.
6.63%, 07/25/22 (Call 07/25/17)c		CAD	425		341,385
Mattamy Group Corp.
6.88%, 11/15/20 (Call 11/15/15)c		CAD	200		151,236
Newalta Corp. Series 2
7.75%, 11/14/19 (Call 11/14/15)		CAD	50		39,875
Noralta Lodge Ltd.
7.50%, 09/24/19 (Call 09/24/16)a		CAD	100		63,031
NRL Energy Investments Ltd.
8.25%, 04/13/18 (Call 08/31/15)		CAD	100		55,536
Paramount Resources Ltd.
7.63%, 12/04/19 (Call 12/04/15)		CAD	400		314,386
Parkland Fuel Corp.
5.50%, 05/28/21 (Call 05/28/17)		CAD	250		195,050
6.00%, 11/21/22 (Call 11/21/17)		CAD	150		117,318
Perpetual Energy Inc.
8.75%, 03/15/18 (Call 08/31/15)a		CAD	200		138,360
8.75%, 07/23/19 (Call 07/23/16)		CAD	100		65,721
Postmedia Network Inc.
8.25%, 08/16/17 (Call 08/31/15)c		CAD	128		100,324
Precision Drilling Corp.
6.50%, 03/15/19 (Call 08/31/15)		CAD	150		114,724
Quebecor Media Inc.
6.63%, 01/15/23c		CAD	400		323,994
7.38%, 01/15/21 (Call 01/15/16)		CAD	150		121,209
River Cree Enterprises LP
11.00%, 01/20/21 (Call 01/20/18)c		CAD	100		79,269
Russel Metals Inc.
6.00%, 04/19/22 (Call 04/19/17)c		CAD	50		38,626
6.00%, 04/19/22 (Call 04/19/17)		CAD	200		156,040
Sirius XM Canada Holdings Inc.
5.63%, 04/23/21 (Call 04/23/17)c		CAD	200		153,734
Southern Pacific Resource Corp.
8.75%, 01/25/18 (Call 08/31/15)c,d		CAD	50		1,633
Superior Plus LP
6.50%, 12/09/21 (Call 12/09/17)		CAD	200		158,730
Tervita Corp.
9.00%, 11/15/18 (Call 11/15/15)c		CAD	125		80,230
Trilogy Energy Corp.
7.25%, 12/13/19 (Call 12/13/15)c		CAD	250		184,481
Vermilion Energy Inc.
6.50%, 02/10/16 (Call 08/31/15)		CAD	100		77,328
Videotron Ltd.
5.63%, 06/15/25 (Call 03/15/25)		CAD	375		297,285
6.88%, 07/15/21 (Call 06/15/16)		CAD	225		183,886
Wajax Corp.
6.13%, 10/23/20 (Call 10/23/17)a		CAD	100		76,579
Yellow Pages Digital & Media Solutions Ltd.
9.25%, 11/30/18 (Call 08/31/15)c		CAD	348		281,583
					6,998,572

15

Schedule of Investments (Unaudited) (Continued)

iSHARES^® GLOBAL ex USD HIGH YIELD CORPORATE BOND ETF

July 31, 2015

Security	Principal (000s)			Value
DENMARK — 0.27%
TDC A/S
3.50%, 02/26/49 (Call 02/26/21)a,b		EUR	600	$	645,542
					645,542
FINLAND — 0.81%
Nokia OYJ
6.75%, 02/04/19a		EUR	400		514,860
Stora Enso OYJ
5.00%, 03/19/18a		EUR	550		658,314
5.50%, 03/07/19a		EUR	350		430,239
UPM-Kymmene OYJ
6.63%, 01/23/17		GBP	200		331,500
					1,934,913
FRANCE — 11.94%
3AB Optique Developpement SAS
5.63%, 04/15/19 (Call 10/15/15)a		EUR	300		321,251
Areva SA
3.13%, 03/20/23 (Call 12/20/22)a		EUR	600		632,085
3.25%, 09/04/20a		EUR	500		548,098
3.50%, 03/22/21		EUR	600		658,848
3.88%, 09/23/16		EUR	500		564,770
4.38%, 11/06/19		EUR	800		922,448
4.63%, 10/05/17		EUR	700		804,610
4.88%, 09/23/24		EUR	800		921,074
Autodis SA
6.50%, 02/01/19 (Call 02/01/16)a		EUR	200		230,638
Cegedim SA
6.75%, 04/01/20 (Call 04/01/16)a		EUR	300		355,339
Cerba European Lab SAS
7.00%, 02/01/20 (Call 02/01/16)a		EUR	350		405,066
CGG SA
5.88%, 05/15/20 (Call 05/15/17)a		EUR	350		317,285
Ciments Francais SA
4.75%, 04/04/17a		EUR	350		407,746
CMA CGM SA
7.75%, 01/15/21 (Call 01/15/18)a		EUR	450		469,838
8.75%, 12/15/18 (Call 12/15/15)a		EUR	200		229,809
Ephios Bondco PLC
6.25%, 07/01/22 (Call 07/01/18)a		EUR	200		225,390
Europcar Groupe SA
5.75%, 06/15/22 (Call 06/15/18)a		EUR	400		456,303
Faurecia
3.13%, 06/15/22 (Call 06/15/18)a		EUR	550		589,438
9.38%, 12/15/16a		EUR	400		489,449
Financiere Gaillon 8 SAS
7.00%, 09/30/19 (Call 03/31/16)a		EUR	300		342,227
Groupama SA
7.88%, 10/27/39 (Call 10/27/19)b		EUR	650		826,737
Holdikks SAS
6.75%, 07/15/21 (Call 07/15/17)a		EUR	300		324,826
Holding Medi-Partenaires SAS
7.00%, 05/15/20 (Call 05/15/16)a		EUR	400		471,771
HomeVi SAS
6.88%, 08/15/21 (Call 08/15/17)a		EUR	300		347,199
La Financiere Atalian SAS
7.25%, 01/15/20 (Call 01/15/17)a		EUR	200		236,990
Labco SA
8.50%, 01/15/18 (Call 08/12/15)a		EUR	475		545,796

Security	Principal (000s)			Value
Labeyrie Fine Foods SAS
5.63%, 03/15/21 (Call 03/15/17)a		EUR	250	$	288,642
Lafarge SA
4.75%, 03/23/20		EUR	450		574,743
4.75%, 09/30/20a		EUR	600		774,278
5.38%, 06/26/17a		EUR	450		539,987
5.88%, 07/09/19a		EUR	400		522,815
6.25%, 04/13/18a		EUR	400		491,879
6.63%, 11/29/18a		EUR	950		1,197,603
6.75%, 12/16/19a		EUR	600		784,223
8.88%, 11/24/16a		EUR	600		729,864
Loxam SAS
4.88%, 07/23/21 (Call 07/23/17)a		EUR	300		340,570
7.00%, 07/23/22 (Call 07/23/17)a		EUR	250		284,499
7.38%, 01/24/20 (Call 01/24/16)a		EUR	100		117,390
Nexans SA
4.25%, 03/19/18		EUR	200		231,466
5.75%, 05/02/17		EUR	300		350,514
Novafives SAS
4.50%, 06/30/21 (Call 06/30/17)a		EUR	350		361,562
Novalis SAS
3.00%, 04/30/22 (Call 04/30/18)a		EUR	650		687,631
Numericable-SFR SAS
5.38%, 05/15/22 (Call 05/15/17)a		EUR	850		980,209
5.63%, 05/15/24 (Call 05/15/19)a		EUR	1,000		1,140,758
PagesJaunes Finance & Co. SCA
8.88%, 06/01/18 (Call 08/10/15)a		EUR	200		207,712
Paprec Holding
5.25%, 04/01/22 (Call 04/01/18)a		EUR	200		226,494
Peugeot SA
5.00%, 10/28/16		EUR	300		347,237
5.63%, 07/11/17		EUR	300		359,141
6.50%, 01/18/19a		EUR	500		634,095
7.38%, 03/06/18a		EUR	750		948,114
Rexel SA
3.25%, 06/15/22 (Call 06/15/18)a		EUR	200		216,275
5.13%, 06/15/20 (Call 06/15/16)a		EUR	600		701,028
SGD Group SAS
5.63%, 05/15/19 (Call 10/15/15)a		EUR	300		343,056
SMCP SAS
8.88%, 06/15/20 (Call 06/15/16)a		EUR	200		237,543
SPCM SA
2.88%, 06/15/23 (Call 06/15/18)a		EUR	450		476,052
Tereos Finance Groupe I
4.25%, 03/04/20 (Call 03/04/19)		EUR	400		444,806
THOM Europe SAS
7.38%, 07/15/19 (Call 07/15/16)a		EUR	300		352,171
					28,537,388
GERMANY — 14.53%
Bayerische Landbank
5.75%, 10/23/17a		EUR	800		950,760
CeramTec Group GmbH
8.25%, 08/15/21 (Call 08/15/16)a		EUR	200		241,410
Commerzbank AG
6.38%, 03/22/19		EUR	1,100		1,395,142
7.75%, 03/16/21		EUR	1,200		1,628,556
Deutsche Lufthansa AG
1.13%, 09/12/19a		EUR	450		495,704
Deutsche Raststaetten Gruppe IV GmbH
6.75%, 12/30/20 (Call 12/30/16)a		EUR	400		476,190

16

Schedule of Investments (Unaudited) (Continued)

iSHARES^® GLOBAL ex USD HIGH YIELD CORPORATE BOND ETF

July 31, 2015

Security	Principal (000s)			Value
FMC Finance VII SA
5.25%, 02/15/21a		EUR	200	$	256,252
FMC Finance VIII SA
5.25%, 07/31/19a		EUR	250		312,175
6.50%, 09/15/18a		EUR	350		446,133
Franz Haniel & Cie GmbH
5.88%, 02/01/17		EUR	250		295,547
Fresenius Finance BV
2.38%, 02/01/19a		EUR	200		229,256
2.88%, 07/15/20a		EUR	350		408,353
3.00%, 02/01/21a		EUR	450		529,862
4.00%, 02/01/24a		EUR	350		432,705
4.25%, 04/15/19a		EUR	500		606,977
FTE Verwaltungs GmbH
9.00%, 07/15/20 (Call 07/15/16)a		EUR	200		235,886
Galapagos Holding SA
7.00%, 06/15/22 (Call 06/15/17)a		EUR	100		103,856
Galapagos SA/Luxembourg
5.38%, 06/15/21 (Call 06/15/17)a		EUR	150		164,070
Hapag-Lloyd AG
7.50%, 10/15/19 (Call 10/15/16)a		EUR	200		227,599
7.75%, 10/01/18 (Call 10/01/15)a		EUR	300		341,399
Heckler & Koch GmbH
9.50%, 05/15/18 (Call 08/31/15)a		EUR	300		262,678
HeidelbergCement Finance Luxembourg SA
2.25%, 03/12/19a		EUR	450		510,525
3.25%, 10/21/20a		EUR	350		407,773
3.25%, 10/21/21a		EUR	400		468,059
5.63%, 01/04/18		EUR	500		607,719
7.50%, 04/03/20a		EUR	600		822,009
8.00%, 01/31/17a		EUR	650		788,460
8.50%, 10/31/19a		EUR	450		627,747
9.50%, 12/15/18a		EUR	400		553,467
Hornbach Baumarkt AG
3.88%, 02/15/20a		EUR	250		298,711
HP Pelzer Holding GmbH
7.50%, 07/15/21 (Call 07/15/17)a		EUR	250		297,619
KION Finance SA
6.75%, 02/15/20 (Call 02/15/16)a		EUR	350		407,483
Kirk Beauty One GmbH
8.75%, 07/15/23 (Call 07/15/18)a		EUR	250		280,080
Kirk Beauty Zero GmbH
6.25%, 07/15/22 (Call 07/15/18)a		EUR	250		287,814
KraussMaffei Group GmbH
8.75%, 12/15/20 (Call 12/15/15)a		EUR	160		190,918
Norddeutsche Landesbank Girozentrale
6.00%, 06/29/20		EUR	400		508,231
Pfleiderer GmbH
7.88%, 08/01/19 (Call 08/01/16)a		EUR	250		286,432
Phoenix PIB Dutch Finance BV
3.13%, 05/27/20a		EUR	200		226,273
3.63%, 07/30/21a		EUR	300		343,719
ProGroup AG
5.13%, 05/01/22 (Call 05/01/18)a		EUR	100		113,800
Rapid Holding GmbH
6.63%, 11/15/20 (Call 05/15/17)a		EUR	125		138,797
Rheinmetall AG
5.25%, 09/22/17		EUR	400		477,823
Schaeffler Finance BV
2.50%, 05/15/20 (Call 05/15/17)a		EUR	300		326,898
2.75%, 05/15/19 (Call 05/15/16)a		EUR	350		391,531
3.25%, 05/15/19 (Call 05/15/16)a		EUR	450		502,154
3.25%, 05/15/25 (Call 05/15/20)a		EUR	500		527,566

Security	Principal (000s)			Value
3.50%, 05/15/22 (Call 05/15/17)a		EUR	500	$	559,330
4.25%, 05/15/18 (Call 08/31/15)a		EUR	450		507,449
SGL Carbon SE
4.88%, 01/15/21 (Call 01/15/17)a		EUR	200		232,019
Takko Luxembourg 2 SCA
9.88%, 04/15/19 (Call 04/15/16)a		EUR	300		157,441
Techem Energy Metering Service GmbH & Co. KG
7.88%, 10/01/20 (Call 10/01/16)a		EUR	300		360,457
Techem GmbH
6.13%, 10/01/19 (Call 10/01/15)a		EUR	400		464,037
ThyssenKrupp AG
1.75%, 11/25/20 (Call 08/25/20)a		EUR	675		726,272
2.50%, 02/25/25a		EUR	550		575,362
3.13%, 10/25/19 (Call 07/25/19)a		EUR	1,000		1,148,226
4.00%, 08/27/18		EUR	1,350		1,590,351
4.38%, 02/28/17		EUR	900		1,043,034
Trionista Holdco GmbH
5.00%, 04/30/20 (Call 04/30/16)a		EUR	300		343,056
Trionista TopCo GmbH
6.88%, 04/30/21 (Call 04/30/16)a		EUR	400		467,352
TUI AG
4.50%, 10/01/19 (Call 10/01/16)a		EUR	250		287,261
Unitymedia GmbH
3.75%, 01/15/27 (Call 01/15/21)a		EUR	600		628,107
Unitymedia Hessen GmbH & Co. KG/Unitymedia NRW GmbH
3.50%, 01/15/27 (Call 01/15/21)a		EUR	300		319,854
4.00%, 01/15/25 (Call 01/15/20)a		EUR	800		902,707
5.13%, 01/21/23 (Call 01/21/18)a		EUR	270		317,700
5.50%, 09/15/22 (Call 09/15/17)a		EUR	540		638,383
5.63%, 04/15/23 (Call 04/15/18)a		EUR	360		431,555
5.75%, 01/15/23 (Call 01/15/18)a		EUR	360		429,566
WEPA Hygieneprodukte GmbH
6.50%, 05/15/20 (Call 05/15/16)a		EUR	200		236,990
ZF North America Capital Inc.
2.25%, 04/26/19a		EUR	900		990,636
2.75%, 04/27/23a		EUR	900		947,133
					34,736,396
GREECE — 1.33%
Alpha Credit Group PLC
3.38%, 06/17/17a		EUR	400		218,760
ERB Hellas PLC
4.25%, 06/26/18a		EUR	450		206,331
Frigoglass Finance BV
8.25%, 05/15/18 (Call 08/31/15)a		EUR	200		217,656
Intralot Finance Luxembourg SA
9.75%, 08/15/18 (Call 08/15/16)a		EUR	250		283,118
NBG Finance PLC
4.38%, 04/30/19a		EUR	600		308,253
OTE PLC
3.50%, 07/09/20a		EUR	650		624,793
7.88%, 02/07/18a		EUR	550		604,933
Piraeus Group Finance PLC
5.00%, 03/27/17a		EUR	400		176,776
PPC Finance PLC
5.50%, 05/01/19 (Call 05/01/16)a		EUR	400		302,729
Titan Global Finance PLC
4.25%, 07/10/19a		EUR	225		231,190
					3,174,539

17

Schedule of Investments (Unaudited) (Continued)

iSHARES^® GLOBAL ex USD HIGH YIELD CORPORATE BOND ETF

July 31, 2015

Security	Principal (000s)			Value
INDIA — 0.19%
Samvardhana Motherson Automotive Systems Group BV
4.13%, 07/15/21 (Call 07/15/17)a		EUR	400	$	446,359
					446,359
IRELAND — 2.26%
Allied Irish Banks PLC
1.38%, 03/16/20a		EUR	400		437,830
2.75%, 04/16/19a		EUR	500		578,168
2.88%, 11/28/16a		EUR	350		395,166
Ardagh Packaging Finance PLC
9.25%, 10/15/20 (Call 10/15/15)a		EUR	300		348,890
Ardagh Packaging Finance PLC/Ardagh Holdings USA Inc.
4.25%, 01/15/22 (Call 06/30/17)a		EUR	1,000		1,115,899
Bank of Ireland
4.25%, 06/11/24 (Call 06/11/19)a,b		EUR	650		737,004
10.00%, 12/19/22a		EUR	200		296,652
eircom Finance Ltd.
9.25%, 05/15/20 (Call 05/15/16)a		EUR	300		360,458
Smurfit Kappa Acquisitions
2.75%, 02/01/25a		EUR	250		264,474
3.25%, 06/01/21 (Call 03/10/21)a		EUR	500		573,141
4.13%, 01/30/20a		EUR	250		299,345
					5,407,027
ITALY — 18.23%
Astaldi SpA
7.13%, 12/01/20 (Call 12/01/16)a		EUR	650		757,651
Autostrada Brescia Verona Vicenza Padova SpA
2.38%, 03/20/20a		EUR	450		500,812
Banca Monte dei Paschi di Siena SpA
3.63%, 04/01/19a		EUR	900		1,017,140
5.00%, 04/21/20a		EUR	400		451,044
5.60%, 09/09/20		EUR	400		457,408
Banca Popolare di Milano Scarl
4.25%, 01/30/19a		EUR	350		412,145
7.13%, 03/01/21a		EUR	400		508,162
Banca Popolare di Vicenza
2.75%, 03/20/20a		EUR	600		633,050
3.50%, 01/20/17a		EUR	500		553,811
5.00%, 10/25/18a		EUR	200		226,795
Banco Popolare SC
2.38%, 01/22/18a		EUR	700		779,985
2.75%, 07/27/20a		EUR	100		109,881
3.50%, 03/14/19a		EUR	1,000		1,143,748
3.75%, 01/28/16a		EUR	400		447,886
6.00%, 11/05/20a		EUR	600		713,712
6.38%, 05/31/21a		EUR	300		362,344
Bormioli Rocco Holdings SA
10.00%, 08/01/18 (Call 08/31/15)a		EUR	200		226,494
Buzzi Unicem SpA
5.13%, 12/09/16a		EUR	200		232,589
6.25%, 09/28/18a		EUR	350		438,175
Cerved Group SpA
6.38%, 01/15/20 (Call 01/15/16)a		EUR	300		346,371
Cooperativa Muratori & Cementisti-CMC di Ravenna SC
7.50%, 08/01/21 (Call 08/01/17)a		EUR	250		269,307
Enel SpA
5.00%, 01/15/75 (Call 01/15/20)a,b		EUR	800		949,111
6.50%, 01/10/74 (Call 01/10/19)a,b		EUR	1,050		1,287,703

Security	Principal (000s)			Value
Fiat Finance North America Inc.
5.63%, 06/12/17		EUR	550	$	644,887
Finmeccanica SA
8.00%, 12/16/19		GBP	350		636,567
Finmeccanica SpA
4.50%, 01/19/21		EUR	600		723,928
Iccrea Banca SpA
1.88%, 11/25/19a		EUR	350		388,165
Intesa Sanpaolo SpA
2.86%, 04/23/25a		EUR	500		524,236
3.93%, 09/15/26a		EUR	850		966,451
5.00%, 09/23/19a		EUR	900		1,099,074
5.15%, 07/16/20		EUR	800		987,736
6.63%, 05/08/18a		EUR	200		243,907
6.63%, 09/13/23a		EUR	1,150		1,567,575
Italcementi Finance SA
6.13%, 02/21/18a		EUR	400		490,023
6.63%, 03/19/20a,e		EUR	650		842,968
IVS F SpA
7.13%, 04/01/20 (Call 04/01/16)a		EUR	200		232,571
Manutencoop Facility Management SpA
8.50%, 08/01/20 (Call 08/01/16)a		EUR	300		324,826
Mediobanca SpA
5.00%, 11/15/20		EUR	650		786,089
5.75%, 04/18/23		EUR	400		510,025
Piaggio & C SpA
4.63%, 04/30/21 (Call 04/30/17)a		EUR	200		229,256
Rhino Bondco SpA
7.25%, 11/15/20 (Call 11/01/16)a		EUR	200		238,095
Salini Costruttori SpA
6.13%, 08/01/18		EUR	300		362,795
Sisal Group SpA
7.25%, 09/30/17 (Call 08/10/15)a		EUR	200		222,075
Snai SpA
7.63%, 06/15/18 (Call 12/15/15)a		EUR	300		343,885
TeamSystem Holding SpA
7.38%, 05/15/20 (Call 05/15/16)a		EUR	365		427,668
Telecom Italia SpA
3.25%, 01/16/23a		EUR	800		903,237
4.00%, 01/21/20a		EUR	600		723,817
4.50%, 09/20/17a		EUR	400		473,334
4.50%, 01/25/21a		EUR	250		307,291
4.75%, 05/25/18a		EUR	500		603,009
4.88%, 09/25/20a		EUR	200		250,337
5.25%, 02/10/22a		EUR	600		770,279
5.38%, 01/29/19a		EUR	700		872,527
6.13%, 12/14/18		EUR	450		572,307
6.38%, 06/24/19		GBP	400		683,266
7.00%, 01/20/17a		EUR	400		481,240
8.25%, 03/21/16		EUR	150		173,417
UniCredit SpA
5.75%, 09/26/17		EUR	700		840,664
5.75%, 10/28/25 (Call 10/28/20)a,b		EUR	900		1,091,913
6.13%, 04/19/21		EUR	600		751,011
6.70%, 06/05/18		EUR	650		798,945
6.95%, 10/31/22a		EUR	1,250		1,646,752
Unipol Gruppo Finanziario SpA
3.00%, 03/18/25a		EUR	850		891,387
4.38%, 03/05/21a		EUR	240		288,114
Veneto Banca SCPA
4.00%, 01/20/17a		EUR	450		502,569
4.00%, 05/20/19a		EUR	300		335,789
4.25%, 01/18/16a		EUR	100		111,026

18

Schedule of Investments (Unaudited) (Continued)

iSHARES^® GLOBAL ex USD HIGH YIELD CORPORATE BOND ETF

July 31, 2015

Security	Principal (000s)			Value
Wind Acquisition Finance SA
4.00%, 07/15/20 (Call 07/15/16)a		EUR	2,000	$	2,262,292
7.00%, 04/23/21 (Call 04/23/17)a		EUR	1,400		1,647,332
					43,599,981
JAPAN — 1.12%
SoftBank Group Corp.
4.00%, 07/30/22 (Call 04/30/22)a		EUR	400		457,629
4.63%, 04/15/20a		EUR	550		654,002
4.75%, 07/30/25 (Call 04/30/25)a		EUR	1,000		1,118,661
5.25%, 07/30/27 (Call 04/30/27)a		EUR	400		443,598
					2,673,890
LUXEMBOURG — 5.92%
Altice Financing SA
5.25%, 02/15/23 (Call 02/15/18)a		EUR	400		453,946
6.50%, 01/15/22 (Call 12/15/16)a		EUR	250		297,067
Altice Finco SA
9.00%, 06/15/23 (Call 06/15/18)a		EUR	200		254,116
Altice SA
6.25%, 02/15/25 (Call 02/15/20)a		EUR	650		693,017
7.25%, 05/15/22 (Call 05/15/17)a		EUR	1,650		1,864,021
ArcelorMittal
2.88%, 07/06/20a		EUR	400		436,858
3.00%, 03/25/19a		EUR	900		996,833
3.00%, 04/09/21a		EUR	200		214,783
3.13%, 01/14/22a		EUR	700		744,393
5.75%, 03/29/18a		EUR	400		480,610
5.88%, 11/17/17a		EUR	750		898,442
Befesa Zinc SAU Via Zinc Capital SA
8.88%, 05/15/18 (Call 08/31/15)a		EUR	300		345,789
ConvaTec Healthcare E SA
10.88%, 12/15/18 (Call 08/31/15)a		EUR	250		291,404
Garfunkelux Holdco 3 SA
7.50%, 08/01/22 (Call 08/01/18)a		EUR	150		166,142
GCS Holdco Finance I SA
6.50%, 11/15/18 (Call 11/15/15)a		EUR	350		400,232
Geo Debt Finance SCA
7.50%, 08/01/18 (Call 08/31/15)a		EUR	200		205,502
INEOS Group Holdings SA
5.75%, 02/15/19 (Call 02/15/16)a		EUR	550		624,378
6.50%, 08/15/18 (Call 08/31/15)a		EUR	350		399,265
Magnolia BC SA
9.00%, 08/01/20 (Call 08/01/16)a		EUR	300		354,657
Matterhorn Telecom Holding SA
4.88%, 05/01/23 (Call 05/01/18)a		EUR	200		207,159
Matterhorn Telecom SA
3.88%, 05/01/22 (Call 05/01/18)a		EUR	750		776,848
Picard Bondco SA
7.75%, 02/01/20 (Call 08/01/16)a		EUR	350		416,667
SIG Combibloc Holdings SCA
7.75%, 02/15/23 (Call 02/15/18)a		EUR	550		639,570
Telenet Finance III Luxembourg SCA
6.63%, 02/15/21 (Call 02/15/16)a		EUR	300		348,446
Telenet Finance Luxembourg SCA
6.38%, 11/15/20 (Call 08/21/15)a		EUR	500		577,022
Telenet Finance V Luxembourg SCA
6.25%, 08/15/22 (Call 08/15/17)a		EUR	350		418,117
6.75%, 08/15/24 (Call 08/15/18)a		EUR	200		242,272

Security	Principal (000s)			Value
Unilabs Subholding AB
8.50%, 07/15/18 (Call 08/10/15)a		EUR	350	$	402,165
					14,149,721
NETHERLANDS — 2.67%
Atradius Finance BV
5.25%, 09/23/44 (Call 09/23/24)a,b		EUR	250		257,568
Carlson Wagonlit BV
7.50%, 06/15/19 (Call 08/31/15)a		EUR	300		350,203
Constellium NV
4.63%, 05/15/21 (Call 05/15/17)a		EUR	250		251,353
Hema Bondco I BV
6.25%, 06/15/19 (Call 06/15/16)a		EUR	300		225,389
InterXion Holding NV
6.00%, 07/15/20 (Call 07/15/16)a		EUR	450		529,499
LGE HoldCo VI BV
7.13%, 05/15/24 (Call 05/15/19)a		EUR	600		732,516
Nyrstar Netherlands Holdings BV
8.50%, 09/15/19a		EUR	250		278,975
OI European Group BV
4.88%, 03/31/21a		EUR	200		236,438
6.75%, 09/15/20a		EUR	500		640,813
SNS BANK NV
6.25%, 10/26/20		EUR	50		—
Stork Technical Services Holdings BV
11.00%, 08/15/17 (Call 08/31/15)a		EUR	200		215,446
UPC Holding BV
6.38%, 09/15/22 (Call 09/15/17)a		EUR	500		598,691
6.75%, 03/15/23 (Call 03/15/18)a		EUR	400		483,924
UPCB Finance IV Ltd.
4.00%, 01/15/27 (Call 01/15/21)a		EUR	500		519,280
Ziggo Bond Finance BV
4.63%, 01/15/25 (Call 01/15/20)a		EUR	300		325,655
Ziggo Secured Finance BV
3.75%, 01/15/25 (Call 01/15/20)a		EUR	700		748,260
					6,394,010
NORWAY — 0.43%
Lock AS
7.00%, 08/15/21 (Call 08/15/17)a		EUR	500		592,476
Lock Lower Holding AS
9.50%, 08/15/22 (Call 08/15/18)a		EUR	200		237,543
Norske Skog AS
11.75%, 12/15/19 (Call 02/15/17)a		EUR	200		205,502
					1,035,521
PORTUGAL — 1.13%
Banco Comercial Portugues SA
3.38%, 02/27/17a		EUR	400		446,492
Novo Banco SA
2.63%, 05/08/17a		EUR	600		654,624
4.00%, 01/21/19a		EUR	700		787,935
4.75%, 01/15/18a		EUR	400		455,198
Portucel SA
5.38%, 05/15/20 (Call 05/15/16)a		EUR	300		351,376
					2,695,625

19

Schedule of Investments (Unaudited) (Continued)

iSHARES^® GLOBAL ex USD HIGH YIELD CORPORATE BOND ETF

July 31, 2015

Security	Principal (000s)			Value
SOUTH AFRICA — 0.10%
Sappi Papier Holding GmbH
3.38%, 04/01/22 (Call 04/01/18)a		EUR	225	$	237,405
					237,405
SPAIN — 5.71%
Abengoa Finance SAU
6.00%, 03/31/21a		EUR	500		425,367
7.00%, 04/15/20a		EUR	200		167,937
8.88%, 02/05/18a		EUR	450		464,866
Abengoa Greenfield SA
5.50%, 10/01/19a		EUR	250		208,540
Aldesa Financial Services SA
7.25%, 04/01/21 (Call 04/01/17)a		EUR	150		152,469
Almirall SA
4.63%, 04/01/21 (Call 04/01/17)a		EUR	300		344,196
Banco de Sabadell SA
2.50%, 12/05/16		EUR	600		678,356
6.25%, 04/26/20		EUR	350		439,946
Bankia SA
3.50%, 01/17/19a		EUR	900		1,050,520
4.00%, 05/22/24 (Call 05/22/19)a,b		EUR	800		877,251
4.38%, 02/14/17		EUR	400		464,651
Bankinter SA
6.38%, 09/11/19		EUR	250		316,229
BPE Financiaciones SA
2.00%, 02/03/20a		EUR	600		665,679
2.50%, 02/01/17		EUR	500		563,323
CaixaBank SA
5.00%, 11/14/23 (Call 11/14/18)a,b		EUR	600		709,314
Campofrio Food Group SA
3.38%, 03/15/22 (Call 03/15/18)a		EUR	400		443,620
Cellnex Telecom SAU
3.13%, 07/27/22a		EUR	500		551,044
Cirsa Funding Luxembourg SA
5.88%, 05/15/23 (Call 05/15/18)a		EUR	400		418,738
8.75%, 05/15/18 (Call 08/31/15)a		EUR	212		240,293
Gestamp Funding Luxembourg SA
5.88%, 05/31/20 (Call 05/31/16)a		EUR	350		406,999
Grupo Antolin Dutch BV
4.75%, 04/01/21 (Call 04/01/17)a		EUR	350		396,365
5.13%, 06/30/22 (Call 06/30/18)a		EUR	300		341,399
Grupo Isolux Corsan Finance BV
6.63%, 04/15/21 (Call 04/15/17)a		EUR	700		510,441
Mapfre SA
5.92%, 07/24/37 (Call 07/24/17)b		EUR	650		760,380
NH Hotel Group SA
6.88%, 11/15/19 (Call 11/15/17)a		EUR	150		182,300
Obrascon Huarte Lain SA
4.75%, 03/15/22 (Call 03/15/18)a		EUR	350		354,795
5.50%, 03/15/23 (Call 03/15/18)a		EUR	200		202,740
7.63%, 03/15/20 (Call 03/15/16)a		EUR	250		278,975
PortAventura Entertainment Barcelona BV
7.25%, 12/01/20 (Call 12/01/16)a		EUR	200		229,809
Repsol International Finance BV
4.50%, 03/25/75 (Call 03/25/25)a,b		EUR	800		818,694
					13,665,236

Security	Principal (000s)			Value
SWEDEN — 1.52%
Auris Luxembourg II SA
8.00%, 01/15/23 (Call 01/15/18)a		EUR	200	$	239,753
Ovako AB
6.50%, 06/01/19 (Call 06/01/16)a		EUR	250		268,617
Perstorp Holding AB
9.00%, 05/15/17 (Call 08/31/15)a		EUR	200		227,599
SSAB AB
3.88%, 04/10/19a		EUR	350		385,060
Stena AB
6.13%, 02/01/17a		EUR	300		346,039
Verisure Holding AB
8.75%, 09/01/18 (Call 08/31/15)a		EUR	350		405,549
8.75%, 12/01/18 (Call 08/31/15)a		EUR	300		349,685
Volvo Treasury AB
4.20%, 06/10/75 (Call 06/10/20)a,b		EUR	750		845,211
4.85%, 03/10/78 (Call 03/10/23)a,b		EUR	500		564,855
					3,632,368
SWITZERLAND — 0.88%
Clariant Finance Luxembourg SA
5.63%, 01/24/17		EUR	400		474,006
Dufry Finance SCA
4.50%, 07/15/22 (Call 07/15/17)a		EUR	450		517,816
4.50%, 08/01/23 (Call 08/01/18)a		EUR	550		629,726
Gategroup Finance Luxembourg SA
6.75%, 03/01/19 (Call 08/31/15)a		EUR	143		165,333
Selecta Group BV
6.50%, 06/15/20 (Call 12/15/16)a		EUR	300		319,440
					2,106,321
UNITED KINGDOM — 19.00%
AA Bond Co. Ltd.
5.50%, 07/31/43 (Call 07/31/18)a		GBP	600		929,278
Algeco Scotsman Global Finance PLC
9.00%, 10/15/18 (Call 10/15/15)a		EUR	200		209,922
Alliance Automotive Finance PLC
6.25%, 12/01/21 (Call 11/19/17)a		EUR	200		233,123
Arqiva Broadcast Finance PLC
9.50%, 03/31/20 (Call 03/31/16)a		GBP	500		856,325
Aston Martin Capital Ltd.
9.25%, 07/15/18 (Call 09/01/15)c		GBP	100		159,561
9.25%, 07/15/18 (Call 09/01/15)a		GBP	200		319,122
Boparan Finance PLC
4.38%, 07/15/21 (Call 07/15/17)a		EUR	250		255,497
5.25%, 07/15/19 (Call 07/15/16)a		GBP	150		224,127
5.50%, 07/15/21 (Call 07/15/17)a		GBP	300		428,357
Brakes Capital
7.13%, 12/15/18 (Call 12/15/15)c		GBP	100		162,682
7.13%, 12/15/18 (Call 12/15/15)a		GBP	300		488,047
British Airways PLC
8.75%, 08/23/16		GBP	250		415,483
Cabot Financial Luxembourg SA
10.38%, 10/01/19 (Call 10/01/15)a		GBP	150		254,557
CNH Industrial Finance Europe SA
2.75%, 03/18/19a		EUR	800		888,476
2.88%, 09/27/21a		EUR	550		605,389
6.25%, 03/09/18a		EUR	1,100		1,338,570
Co-Operative Bank PLC/United Kingdom
5.13%, 09/20/17		GBP	350		537,983

20

Schedule of Investments (Unaudited) (Continued)

iSHARES^® GLOBAL ex USD HIGH YIELD CORPORATE BOND ETF

July 31, 2015

Security	Principal (000s)			Value
CPUK Finance Ltd.
7.00%, 02/28/42 (Call 08/28/17)a		GBP	100	$	159,449
Darty Financement SAS
5.88%, 03/01/21 (Call 03/01/17)a		EUR	200		232,505
EC Finance PLC
5.13%, 07/15/21 (Call 01/15/17)a		EUR	344		393,371
Eco-Bat Finance PLC
7.75%, 02/15/17 (Call 09/01/15)a		EUR	300		323,169
Elli Finance UK PLC
8.75%, 06/15/19 (Call 09/01/15)c		GBP	200		305,078
8.75%, 06/15/19 (Call 08/31/15)a		GBP	100		152,539
Equiniti Newco 2 PLC
7.13%, 12/15/18 (Call 08/31/15)a		GBP	200		317,562
Fiat Chrysler Finance Europe
4.75%, 03/22/21a		EUR	650		764,431
4.75%, 07/15/22a		EUR	1,000		1,175,461
6.38%, 04/01/16a		EUR	400		456,461
6.63%, 03/15/18a		EUR	800		973,815
6.75%, 10/14/19a		EUR	900		1,143,087
7.00%, 03/23/17a		EUR	700		830,512
7.38%, 07/09/18		EUR	300		374,544
7.75%, 10/17/16a		EUR	600		708,846
Findus Bondco SA
9.13%, 07/01/18 (Call 08/10/15)a		EUR	200		231,753
Gala Electric Casinos PLC
11.50%, 06/01/19 (Call 09/01/15)a		GBP	200		333,947
Gala Group Finance PLC
8.88%, 09/01/18 (Call 09/01/15)a		GBP	180		295,637
8.88%, 09/01/18 (Call 09/01/15)c		GBP	90		147,818
Hastings Insurance Group Finance PLC
8.00%, 10/21/20 (Call 10/30/16)a		GBP	100		165,413
8.00%, 10/21/20 (Call 10/30/16)c		GBP	100		165,413
House of Fraser Funding PLC
8.88%, 08/15/18 (Call 08/26/15)a		GBP	200		326,145
Iceland Bondco PLC
6.25%, 07/15/21 (Call 07/15/17)a		GBP	350		471,076
Ineos Finance PLC
4.00%, 05/01/23 (Call 05/01/18)a		EUR	600		647,995
Infinis PLC
7.00%, 02/15/19 (Call 02/15/16)c		GBP	200		321,463
International Personal Finance PLC
5.75%, 04/07/21a		EUR	375		391,531
Iron Mountain Europe PLC
6.13%, 09/15/22 (Call 09/15/17)a		GBP	300		485,706
Jaguar Land Rover Automotive PLC
3.88%, 03/01/23a		GBP	400		580,506
5.00%, 02/15/22a		GBP	300		470,491
Jerrold Finco PLC
9.75%, 09/15/18 (Call 09/15/16)a		GBP	250		429,138
Kerling PLC
10.63%, 02/01/17 (Call 09/01/15)a		EUR	600		685,283
Keystone Financing PLC
9.50%, 10/15/19 (Call 10/15/16)a		GBP	200		330,826
Lowell Group Financing PLC
10.75%, 04/01/19 (Call 08/10/15)a		GBP	200		337,068
Matalan Finance PLC
6.88%, 06/01/19 (Call 05/30/16)c		GBP	200		302,737
6.88%, 06/01/19 (Call 05/30/16)a		GBP	100		151,369
Merlin Entertainments PLC
2.75%, 03/15/22 (Call 12/15/21)a		EUR	400		420,064
Moy Park Bondco PLC
6.25%, 05/29/21 (Call 05/29/17)a		GBP	250		402,804

Security	Principal (000s)			Value
Odeon & UCI Finco PLC
9.00%, 08/01/18 (Call 08/10/15)a		GBP	200	$	322,243
9.00%, 08/01/18 (Call 08/10/15)c		GBP	100		161,122
Pizzaexpress Financing 2 PLC
6.63%, 08/01/21 (Call 08/01/17)a		GBP	450		725,048
Premier Foods Finance PLC
6.50%, 03/15/21 (Call 03/15/17)c		GBP	150		219,445
6.50%, 03/15/21 (Call 03/15/17)a		GBP	100		146,297
Priory Group No. 3 PLC
7.00%, 02/15/18 (Call 09/01/15)c		GBP	199		320,189
R&R Ice Cream PLC
5.50%, 05/15/20 (Call 05/15/16)a		GBP	250		400,385
Rexam PLC
6.75%, 06/29/67 (Call 06/29/17)a,b		EUR	700		787,935
Royal Bank of Scotland Group PLC
3.63%, 03/25/24 (Call 03/25/19)a,b		EUR	900		1,027,567
Royal Bank of Scotland PLC (The)
4.35%, 01/23/17		EUR	650		747,333
4.63%, 09/22/21 (Call 09/22/16)b		EUR	800		905,977
6.93%, 04/09/18		EUR	1,450		1,810,992
Silk Bidco AS
7.50%, 02/01/22 (Call 02/01/18)a		EUR	400		461,872
Stonegate Pub Co. Financing PLC
5.75%, 04/15/19 (Call 04/15/16)c		GBP	100		158,391
5.75%, 04/15/19 (Call 04/15/16)a		GBP	100		158,391
Tesco Corporate Treasury Services PLC
1.38%, 07/01/19a		EUR	1,000		1,077,549
2.13%, 11/12/20 (Call 09/01/20)a		EUR	400		438,321
2.50%, 07/01/24a		EUR	650		684,637
Tesco PLC
3.38%, 11/02/18a		EUR	700		813,282
6.13%, 02/24/22		GBP	750		1,267,850
Thomas Cook Finance PLC
6.75%, 06/15/21 (Call 01/15/18)a		EUR	400		464,037
7.75%, 06/15/20 (Call 06/15/16)a		EUR	400		472,876
Thomas Cook Group PLC
7.75%, 06/22/17		GBP	250		413,533
Towergate Finance PLC
0.00%, 02/15/19		GBP	100		3,121
Travis Perkins PLC
4.38%, 09/15/21a		GBP	200		317,562
Virgin Media Finance PLC
4.50%, 01/15/25 (Call 01/15/20)a		EUR	350		382,831
6.38%, 10/15/24 (Call 10/15/19)a		GBP	300		486,060
7.00%, 04/15/23 (Call 04/15/18)a		GBP	100		166,193
Virgin Media Secured Finance PLC
4.88%, 01/15/27 (Call 01/15/21)a		GBP	300		452,935
5.13%, 01/15/25 (Call 01/15/20)a		GBP	400		621,079
5.50%, 01/15/21		GBP	500		829,016
5.50%, 01/15/25 (Call 01/15/19)a		GBP	405		644,643
6.00%, 04/15/21 (Call 04/15/17)a		GBP	720		1,176,930
6.25%, 03/28/29 (Call 01/15/21)a		GBP	300		488,047
Viridian Group FundCo II Ltd.
7.50%, 03/01/20 (Call 09/01/17)a		EUR	450		499,669
Vougeot Bidco PLC
7.88%, 07/15/20 (Call 07/15/16)a		GBP	200		330,826
William Hill PLC
7.13%, 11/11/16		GBP	200		330,826
					45,426,522
UNITED STATES — 5.04%
Avis Budget Finance PLC
6.00%, 03/01/21 (Call 03/01/16)a		EUR	400		464,037

21

Schedule of Investments (Unaudited) (Continued)

iSHARES^® GLOBAL ex USD HIGH YIELD CORPORATE BOND ETF

July 31, 2015

Security	Principal (000s)			Value
Axalta Coating Systems U.S. Holdings Inc./Axalta Coating Systems Dutch Holding BV
5.75%, 02/01/21 (Call 02/01/16)a		EUR	200	$	232,019
Belden Inc.
5.50%, 04/15/23 (Call 04/15/18)a		EUR	400		450,779
Brookfield Office Properties Inc.
4.00%, 04/16/18		CAD	100		78,500
4.30%, 01/17/17		CAD	100		78,404
Celanese U.S. Holdings LLC
3.25%, 10/15/19		EUR	200		226,494
Chemours Co. (The)
6.13%, 05/15/23 (Call 05/15/18)a		EUR	300		299,967
Chesapeake Energy Corp.
6.25%, 01/15/17		EUR	300		333,290
Crown European Holdings SA
3.38%, 05/15/25 (Call 11/15/24)a		EUR	475		488,068
4.00%, 07/15/22 (Call 04/15/22)a		EUR	500		573,141
Darling Global Finance BV
4.75%, 05/30/22 (Call 05/30/18)a		EUR	400		432,058
Goodyear Dunlop Tires Europe BV
6.75%, 04/15/19 (Call 08/31/15)a		EUR	200		229,804
Hertz Holdings Netherlands BV
4.38%, 01/15/19a		EUR	350		388,631
Huntsman International LLC
4.25%, 04/01/25 (Call 01/01/25)a		EUR	200		204,397
5.13%, 04/15/21		EUR	400		458,557
IMS Health Inc.
4.13%, 04/01/23 (Call 04/01/18)a		EUR	250		269,307
Infor U.S. Inc.
5.75%, 05/15/22 (Call 05/15/18)a		EUR	200		220,970
International Game Technology PLC
4.13%, 02/15/20 (Call 11/15/19)a		EUR	500		553,806
4.75%, 03/05/20a		EUR	400		456,920
4.75 %, 02/15/23 (Call 08/15/22)a		EUR	750		804,773
6.63%, 02/02/18a		EUR	400		489,085
Iron Mountain Canada Operations ULC
6.13%, 08/15/21 (Call 08/15/17)		CAD	250		198,893
Iron Mountain Inc.
6.75%, 10/15/18 (Call 08/14/15)		EUR	100		110,485
Jarden Corp.
3.75%, 10/01/21a		EUR	200		227,334
Kloeckner Pentaplast of America Inc.
7.13%, 11/01/20 (Call 05/01/17)a		EUR	250		281,046
PSPC Escrow Corp.
6.00%, 02/01/23 (Call 02/01/18)a		EUR	300		336,427
Sealed Air Corp.
4.50%, 09/15/23 (Call 06/15/23)a		EUR	300		345,542
TA MFG. Ltd.
3.63%, 04/15/23 (Call 04/15/18)a		EUR	300		321,512
Trinseo Materials Operating SCA/Trinseo Materials Finance Inc.
6.38%, 05/01/22 (Call 01/05/18)a		EUR	300		333,941
Valeant Pharmaceuticals International Inc.
4.50%, 05/15/23 (Call 05/15/18)a		EUR	1,300		1,411,170
VWR Funding Inc.
4.63%, 04/15/22 (Call 04/15/18)a		EUR	300		319,854
XPO Logistics Inc.
5.75%, 06/15/21 (Call 12/15/17)a		EUR	400		438,626
					12,057,837
TOTAL CORPORATE BONDS & NOTES
(Cost: $260,010,163)					233,739,444

Security	Shares (000s)		Value
SHORT-TERM INVESTMENTS — 0.01%
MONEY MARKET FUNDS — 0.01%
BlackRock Cash Funds: Treasury, SL Agency Shares
0.02%f,g		15	$	14,901
				14,901
TOTAL SHORT-TERM INVESTMENTS
(Cost: $14,901)				14,901
TOTAL INVESTMENTS IN SECURITIES — 97.77%
(Cost: $260,025,064)				233,754,345
Other Assets, Less Liabilities — 2.23%				5,339,617
NET ASSETS — 100.00%			$	239,093,962

CAD	—  Canadian Dollar
EUR	—  Euro
GBP	—  British Pound

^a  This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933.

^b  Variable rate security. Rate shown is as of report date.

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

^d  Issuer is in default of interest payments.

^e  Step coupon security. Coupon rate will either increase (step-up bond) or decrease (step-down bond) at regular intervals until maturity. Interest rate shown reflects the rate currently in effect.

^f  Affiliated issuer. See Note 2.

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

See accompanying notes to schedules of investments.

22

Schedule of Investments (Unaudited)

iSHARES^® GLOBAL HIGH YIELD CORPORATE BOND ETF

July 31, 2015

Security	Principal (000s)			Value
CORPORATE BONDS & NOTES — 96.90%
AUSTRALIA — 0.42%
FMG Resources August 2006 Pty Ltd.
6.88%, 04/01/22 (Call 04/01/17)a,b		USD	100	$	57,250
8.25%, 11/01/19 (Call 11/01/15)a,b		USD	100		73,000
9.75%, 03/01/22 (Call 03/01/18)a,b		USD	175		160,562
Origin Energy Finance Ltd.
4.00%, 09/16/74 (Call 09/16/19)c,d		EUR	100		102,337
					393,149
AUSTRIA — 0.10%
Raiffeisen Bank International AG
4.50%, 02/21/25 (Call 02/21/20)c,d		EUR	100		90,321
					90,321
BELGIUM — 0.14%
Barry Callebaut Services NV
5.63%, 06/15/21c		EUR	100		131,223
					131,223
CANADA — 2.83%
1011778 BC ULC/New Red Finance Inc.
4.63%, 01/15/22 (Call 10/01/17)a		USD	100		100,375
6.00%, 04/01/22 (Call 10/01/17)a,b		USD	175		180,687
Air Canada
6.75%, 10/01/19 (Call 10/01/16)a		USD	50		53,000
7.63%, 10/01/19 (Call 10/01/16)a		CAD	50		41,220
7.75%, 04/15/21a		USD	25		26,875
Armtec Holdings Ltd.
8.88%, 09/22/17 (Call 08/31/15)e		CAD	6		507
Athabasca Oil Corp.
7.50%, 11/19/17 (Call 08/31/15)c		CAD	50		32,861
Baytex Energy Corp.
6.63%, 07/19/22 (Call 07/19/17)		CAD	50		39,394
Bombardier Inc.
4.75%, 04/15/19a		USD	100		90,250
5.75%, 03/15/22a		USD	50		40,625
6.00%, 10/15/22 (Call 04/15/17)a,b		USD	75		61,031
6.13%, 05/15/21c		EUR	100		108,143
6.13%, 01/15/23a		USD	100		81,750
7.50%, 03/15/25 (Call 03/15/20)a,b		USD	150		124,125
7.75%, 03/15/20a		USD	50		46,188
Brookfield Residential Properties Inc.
6.50%, 12/15/20 (Call 12/15/15)a		USD	100		100,500
Brookfield Residential Properties Inc./Brookfield Residential U.S. Corp.
6.13%, 07/01/22 (Call 07/01/17)a		USD	25		24,563
Canadian Energy Services & Technology Corp.
7.38%, 04/17/20 (Call 04/17/17)		CAD	50		37,857
Cascades Inc.
5.50%, 07/15/21 (Call 07/15/17)a		CAD	25		18,784
Centric Health Corp.
8.63%, 04/18/18 (Call 04/18/16)		CAD	19		11,830
CHC Helicopter SA
9.25%, 10/15/20 (Call 10/15/15)b		USD	90		57,600

Security	Principal (000s)			Value
Corus Entertainment Inc.
4.25%, 02/11/20c		CAD	50	$	36,704
Cott Beverages Inc.
6.75%, 01/01/20 (Call 01/01/17)a		USD	100		104,375
Gateway Casinos & Entertainment Ltd.
8.50%, 11/26/20 (Call 11/26/16)a		CAD	25		18,928
Great Canadian Gaming Corp.
6.63%, 07/25/22 (Call 07/25/17)a		CAD	50		40,163
Jupiter Resources Inc.
8.50%, 10/01/22 (Call 10/01/17)a,b		USD	100		68,000
Lundin Mining Corp.
7.50%, 11/01/20 (Call 11/01/17)a		USD	75		76,125
7.88%, 11/01/22 (Call 11/01/18)a		USD	25		25,438
Mattamy Group Corp.
6.88%, 11/15/20 (Call 11/15/15)a		CAD	50		37,809
MEG Energy Corp.
6.38%, 01/30/23 (Call 07/30/17)a		USD	100		90,000
6.50%, 03/15/21 (Call 08/31/15)a		USD	50		46,125
7.00%, 03/31/24 (Call 09/30/18)a		USD	75		68,813
Newalta Corp.
Series 2
7.75%, 11/14/19 (Call 11/14/15)		CAD	22		17,545
NOVA Chemicals Corp.
5.00%, 05/01/25 (Call 01/31/25)a		USD	50		49,250
NRL Energy Investments Ltd.
8.25%, 04/13/18 (Call 08/31/15)		CAD	25		13,884
Paramount Resources Ltd.
7.63%, 12/04/19 (Call 12/04/15)		CAD	50		39,298
Parkland Fuel Corp.
6.00%, 11/21/22 (Call 11/21/17)		CAD	25		19,553
Postmedia Network Inc.
8.25%, 08/16/17 (Call 08/31/15)a		CAD	21		16,720
Precision Drilling Corp.
6.63%, 11/15/20 (Call 11/15/15)		USD	100		97,250
Quebecor Media Inc.
5.75%, 01/15/23		USD	50		51,250
6.63%, 01/15/23a		CAD	50		40,499
7.38%, 01/15/21 (Call 01/15/16)		CAD	50		40,403
Russel Metals Inc.
6.00%, 04/19/22 (Call 04/19/17)a		CAD	50		38,626
Seven Generations Energy Ltd.
6.75%, 05/01/23 (Call 05/01/18)a		USD	25		24,244
Superior Plus LP
6.50%, 12/09/21 (Call 12/09/17)		CAD	25		19,841
Tervita Corp.
8.00%, 11/15/18 (Call 11/15/15)a		USD	50		43,500
9.00%, 11/15/18 (Call 11/15/15)a		CAD	25		16,046
Videotron Ltd.
5.00%, 07/15/22		USD	100		100,000
5.38%, 06/15/24 (Call 03/15/24)a		USD	50		50,250
5.63%, 06/15/25 (Call 03/15/25)		CAD	25		19,819
Yellow Pages Digital & Media Solutions Ltd.
9.25%, 11/30/18 (Call 08/31/15)a		CAD	42		34,074
					2,622,697
DENMARK — 0.12%
TDC A/S
3.50%, 02/26/49 (Call 02/26/21)c,d		EUR	100		107,590
					107,590

23

Schedule of Investments (Unaudited) (Continued)

iSHARES^® GLOBAL HIGH YIELD CORPORATE BOND ETF

July 31, 2015

Security	Principal (000s)			Value
FINLAND — 0.35%
Nokia OYJ
5.38%, 05/15/19		USD	75	$	79,688
6.75%, 02/04/19c		EUR	100		128,715
Stora Enso OYJ
5.00%, 03/19/18c		EUR	100		119,693
					328,096
FRANCE — 4.01%
Alcatel-Lucent USA Inc.
6.75%, 11/15/20 (Call 11/15/16)a		USD	200		215,000
Areva SA
3.25%, 09/04/20c		EUR	100		109,620
3.50%, 03/22/21		EUR	100		109,808
4.63%, 10/05/17		EUR	100		114,944
4.88%, 09/23/24		EUR	100		115,134
CGG SA
5.88%, 05/15/20 (Call 05/15/17)c		EUR	100		90,653
CMA CGM SA
8.75%, 12/15/18 (Call 12/15/15)c		EUR	100		114,905
Credit Agricole SA
6.64%, 05/29/49 (Call 05/31/17)a,b,d		USD	100		103,750
8.38%, 10/29/49 (Call 10/13/19)a,d		USD	100		115,250
Faurecia
9.38%, 12/15/16c		EUR	100		122,362
Groupama SA
7.88%, 10/27/39 (Call 10/27/19)d		EUR	50		63,595
Holding Medi-Partenaires SAS
7.00%, 05/15/20 (Call 05/15/16)c		EUR	100		117,943
Labco SA
8.50%, 01/15/18 (Call 08/12/15)c		EUR	100		114,905
Lafarge SA
4.75%, 09/30/20c		EUR	100		129,046
6.63%, 11/29/18c		EUR	100		126,063
6.75%, 12/16/19c		EUR	100		130,704
Loxam SAS
4.88%, 07/23/21 (Call 07/23/17)c		EUR	100		113,523
Nexans SA
5.75%, 05/02/17		EUR	50		58,419
Novalis SAS
3.00%, 04/30/22 (Call 04/30/18)c		EUR	100		105,789
Numericable-SFR SAS
4.88%, 05/15/19 (Call 05/15/16)a		USD	200		203,000
5.38%, 05/15/22 (Call 05/15/17)c		EUR	100		115,319
5.63%, 05/15/24 (Call 05/15/19)c		EUR	100		114,076
6.00%, 05/15/22 (Call 05/15/17)a		USD	200		203,750
6.25%, 05/15/24 (Call 05/15/19)a		USD	200		203,500
Peugeot SA
6.50%, 01/18/19c		EUR	100		126,819
7.38%, 03/06/18c		EUR	100		126,415
Rexel SA
5.13%, 06/15/20 (Call 06/15/16)c		EUR	100		116,838
SGD Group SAS
5.63%, 05/15/19 (Call 10/15/15)c		EUR	100		114,352
Societe Generale SA
5.92%, 12/31/49 (Call 04/05/17)a,d		USD	100		102,500
THOM Europe SAS
7.38%, 07/15/19 (Call 07/15/16)c		EUR	100		117,390
					3,715,372

Security	Principal (000s)			Value
GERMANY — 4.64%
Bayerische Landbank
5.75%, 10/23/17c		EUR	100	$	118,845
Commerzbank AG
7.75%, 03/16/21		EUR	200		271,426
Deutsche Raststaetten Gruppe IV GmbH
6.75%, 12/30/20 (Call 12/30/16)c		EUR	100		119,048
FMC Finance VIII SA
5.25%, 07/31/19c		EUR	50		62,435
Fresenius Finance BV
4.00%, 02/01/24c		EUR	100		123,630
Fresenius Medical Care U.S. Finance II Inc.
4.13%, 10/15/20 (Call 07/17/20)a		USD	50		51,062
4.75%, 10/15/24 (Call 07/17/24)a		USD	50		50,000
5.63%, 07/31/19a		USD	100		109,375
Fresenius Medical Care U.S. Finance Inc.
5.75%, 02/15/21a		USD	100		108,500
Hapag-Lloyd AG
7.75%, 10/01/18 (Call 10/01/15)c		EUR	100		113,800
HeidelbergCement Finance Luxembourg SA
3.25%, 10/21/21c		EUR	150		175,522
7.50%, 04/03/20c		EUR	100		137,001
8.50%, 10/31/19c		EUR	100		139,499
Hornbach Baumarkt AG
3.88%, 02/15/20c		EUR	50		59,742
KION Finance SA
6.75%, 02/15/20 (Call 02/15/16)c		EUR	100		116,424
Kirk Beauty Zero GmbH
6.25%, 07/15/22 (Call 07/15/18)c		EUR	100		115,125
Norddeutsche Landesbank Girozentrale
6.00%, 06/29/20		EUR	50		63,529
Phoenix PIB Dutch Finance BV
3.13%, 05/27/20c		EUR	100		113,137
Schaeffler Finance BV
3.25%, 05/15/19 (Call 05/15/16)c		EUR	100		111,590
3.25%, 05/15/25 (Call 05/15/20)c		EUR	100		105,513
4.75%, 05/15/21 (Call 05/15/16)a		USD	200		201,000
Techem GmbH
6.13%, 10/01/19 (Call 10/01/15)c		EUR	100		116,009
ThyssenKrupp AG
1.75%, 11/25/20 (Call 08/25/20)c		EUR	75		80,697
2.50%, 02/25/25c		EUR	100		104,611
4.00%, 08/27/18		EUR	175		206,157
4.38%, 02/28/17		EUR	100		115,893
Trionista TopCo GmbH
6.88%, 04/30/21 (Call 04/30/16)c		EUR	100		116,838
Unitymedia GmbH
3.75%, 01/15/27 (Call 01/15/21)c		EUR	100		104,685
6.13%, 01/15/25 (Call 01/15/20)a		USD	200		206,500
Unitymedia Hessen GmbH & Co. KG/Unitymedia NRW GmbH
4.00%, 01/15/25 (Call 01/15/20)c		EUR	100		112,838
5.50%, 09/15/22 (Call 09/15/17)c		EUR	90		106,397
ZF North America Capital Inc.
2.75%, 04/27/23c		EUR	200		210,474
4.50%, 04/29/22a		USD	200		197,000
4.75%, 04/29/25a		USD	150		146,250
					4,290,552
GREECE — 0.40%
ERB Hellas PLC
4.25%, 06/26/18c		EUR	100		45,852

24

Schedule of Investments (Unaudited) (Continued)

iSHARES^® GLOBAL HIGH YIELD CORPORATE BOND ETF

July 31, 2015

Security	Principal (000s)			Value
Intralot Finance Luxembourg SA
9.75%, 08/15/18 (Call 08/15/16)c		EUR	100	$	113,247
OTE PLC
3.50%, 07/09/20c		EUR	100		96,122
Piraeus Group Finance PLC
5.00%, 03/27/17c		EUR	100		44,194
PPC Finance PLC
5.50%, 05/01/19 (Call 05/01/16)c		EUR	100		75,682
					375,097
INDIA — 0.12%
Samvardhana Motherson Automotive Systems Group BV
4.13%, 07/15/21 (Call 07/15/17)c		EUR	100		111,590
					111,590
IRELAND — 0.72%
Allied Irish Banks PLC
2.75%, 04/16/19c		EUR	100		115,634
Ardagh Packaging Finance PLC/Ardagh Holdings USA Inc.
4.25%, 01/15/22 (Call 06/30/17)c		EUR	100		111,590
6.25%, 01/31/19 (Call 01/31/16)a,b		USD	200		205,000
Bank of Ireland
4.25%, 06/11/24 (Call 06/11/19)c,d		EUR	100		113,385
Smurfit Kappa Acquisitions
4.13%, 01/30/20c		EUR	100		119,738
					665,347
ITALY — 5.62%
Astaldi SpA
7.13%, 12/01/20 (Call 12/01/16)c		EUR	100		116,562
Autostrada Brescia Verona Vicenza Padova SpA
2.38%, 03/20/20c		EUR	100		111,292
Banca Monte dei Paschi di Siena SpA
3.63%, 04/01/19c		EUR	100		113,016
5.00%, 04/21/20c		EUR	100		112,761
Banca Popolare di Milano Scarl
7.13%, 03/01/21c		EUR	100		127,041
Banca Popolare di Vicenza
2.75%, 03/20/20c		EUR	100		105,508
Banco Popolare SC
2.38%, 01/22/18c		EUR	100		111,427
2.75%, 07/27/20c		EUR	100		109,881
3.50%, 03/14/19c		EUR	100		114,375
6.00%, 11/05/20c		EUR	50		59,476
Buzzi Unicem SpA
5.13%, 12/09/16c		EUR	50		58,147
Enel SpA
5.00%, 01/15/75 (Call 01/15/20)c,d		EUR	100		118,639
6.50%, 01/10/74 (Call 01/10/19)c,d		EUR	100		122,638
Fiat Finance North America Inc.
5.63%, 06/12/17		EUR	100		117,252
Finmeccanica SpA
4.50%, 01/19/21		EUR	100		120,655
Intesa Sanpaolo SpA
3.93%, 09/15/26c		EUR	100		113,700
5.00%, 09/23/19c		EUR	100		122,119
6.63%, 09/13/23c		EUR	250		340,777
Italcementi Finance SA
6.63%, 03/19/20c,f		EUR	100		129,687

Security	Principal (000s)			Value
Mediobanca SpA
5.75%, 04/18/23		EUR	100	$	127,506
TeamSystem Holding SpA
7.38%, 05/15/20 (Call 05/15/16)c		EUR	100		117,169
Telecom Italia Capital SA
7.00%, 06/04/18		USD	100		110,000
Telecom Italia SpA
4.00%, 01/21/20c		EUR	100		120,636
4.50%, 01/25/21c		EUR	100		122,916
4.75%, 05/25/18c		EUR	100		120,602
5.30%, 05/30/24a		USD	200		201,000
5.38%, 01/29/19c		EUR	100		124,647
6.13%, 12/14/18		EUR	100		127,179
6.38%, 06/24/19		GBP	50		85,408
7.00%, 01/20/17c		EUR	100		120,310
UniCredit SpA
5.75%, 10/28/25 (Call 10/28/20)c,d		EUR	100		121,324
6.70%, 06/05/18		EUR	50		61,457
6.95%, 10/31/22c		EUR	200		263,480
Unipol Gruppo Finanziario SpA
3.00%, 03/18/25c		EUR	115		120,600
Veneto Banca SCPA
4.00%, 01/20/17c		EUR	100		111,682
Wind Acquisition Finance SA
4.00%, 07/15/20 (Call 07/15/16)c		EUR	250		282,787
7.00%, 04/23/21 (Call 04/23/17)c		EUR	100		117,667
7.38%, 04/23/21 (Call 04/23/17)c		USD	400		422,000
					5,203,323
JAPAN — 0.59%
SoftBank Group Corp.
4.00%, 07/30/22 (Call 04/30/22)c		EUR	100		114,407
4.50%, 04/15/20a		USD	200		200,000
4.63%, 04/15/20c		EUR	100		118,910
4.75%, 07/30/25 (Call 04/30/25)c		EUR	100		111,866
					545,183
LUXEMBOURG — 4.19%
Altice Financing SA
5.25%, 02/15/23 (Call 02/15/18)c		EUR	100		113,487
6.50%, 01/15/22 (Call 12/15/16)a		USD	200		207,000
6.63%, 02/15/23 (Call 02/15/18)a		USD	200		206,500
Altice SA
6.25%, 02/15/25 (Call 02/15/20)c		EUR	100		106,618
7.25%, 05/15/22 (Call 05/15/17)c		EUR	100		112,971
7.63%, 02/15/25 (Call 02/15/20)a		USD	200		196,250
7.75%, 05/15/22 (Call 05/15/17)a		USD	225		226,125
ArcelorMittal
2.88%, 07/06/20c		EUR	100		109,214
3.13%, 01/14/22c		EUR	100		106,342
5.13%, 06/01/20b		USD	50		49,750
5.25%, 02/25/17		USD	150		154,875
5.88%, 11/17/17c		EUR	100		119,792
6.00%, 08/05/20		USD	100		100,250
6.13%, 06/01/18		USD	100		105,875
6.13%, 06/01/25b		USD	50		47,625
6.25%, 03/01/21b		USD	100		100,000
7.00%, 02/25/22		USD	100		103,000
10.60%, 06/01/19		USD	100		118,750
GCS Holdco Finance I SA
6.50%, 11/15/18 (Call 11/15/15)c		EUR	100		114,352

25

Schedule of Investments (Unaudited) (Continued)

iSHARES^® GLOBAL HIGH YIELD CORPORATE BOND ETF

July 31, 2015

Security	Principal (000s)			Value
INEOS Group Holdings SA
6.50%, 08/15/18 (Call 08/31/15)c		EUR	100	$	114,076
Intelsat Jackson Holdings SA
5.50%, 08/01/23 (Call 08/01/18)b		USD	145		130,862
6.63%, 12/15/22 (Call 12/15/17)b		USD	100		90,500
7.25%, 04/01/19 (Call 08/31/15)		USD	100		99,250
7.25%, 10/15/20 (Call 10/15/15)		USD	150		149,250
7.50%, 04/01/21 (Call 04/01/16)b		USD	100		99,750
Intelsat Luxembourg SA
6.75%, 06/01/18 (Call 06/01/16)b		USD	50		46,625
7.75%, 06/01/21 (Call 06/01/17)		USD	150		119,813
8.13%, 06/01/23 (Call 06/01/18)b		USD	100		79,500
Matterhorn Telecom SA
3.88%, 05/01/22 (Call 05/01/18)c		EUR	100		103,580
Millicom International Cellular SA
6.63%, 10/15/21 (Call 10/15/17)a,b		USD	200		208,000
SIG Combibloc Holdings SCA
7.75%, 02/15/23 (Call 02/15/18)c		EUR	100		116,285
Telenet Finance V Luxembourg SCA
6.25%, 08/15/22 (Call 08/15/17)c		EUR	100		119,462
					3,875,729
NETHERLANDS — 1.52%
AerCap Ireland Capital Ltd./AerCap Global Aviation Trust
3.75%, 05/15/19		USD	150		150,345
4.25%, 07/01/20		USD	150		152,055
4.50%, 05/15/21		USD	150		152,250
LGE HoldCo VI BV
7.13%, 05/15/24 (Call 05/15/19)c		EUR	100		122,086
NXP BV/NXP Funding LLC
3.75%, 06/01/18a,b		USD	200		202,500
OI European Group BV
6.75%, 09/15/20c		EUR	100		128,163
Sensata Technologies BV
4.88%, 10/15/23a		USD	25		24,625
5.00%, 10/01/25a		USD	50		49,000
5.63%, 11/01/24a		USD	50		51,500
UPC Holding BV
6.75%, 03/15/23 (Call 03/15/18)c		EUR	100		120,981
UPCB Finance V Ltd.
7.25%, 11/15/21 (Call 11/15/16)a		USD	135		145,125
Ziggo Secured Finance BV
3.75%, 01/15/25 (Call 01/15/20)c		EUR	100		106,894
					1,405,524
NEW ZEALAND — 0.87%
Beverage Packaging Holdings Luxembourg II SA/Beverage Packaging Holdings II Issuer Inc.
5.63%, 12/15/16 (Call 12/15/15)a		USD	25		24,969
6.00%, 06/15/17 (Call 06/15/16)a		USD	50		49,938
Reynolds Group Issuer Inc./Reynolds Group Issuer LLC
5.75%, 10/15/20 (Call 10/15/15)		USD	250		259,062
6.88%, 02/15/21 (Call 02/15/16)		USD	100		104,375
7.88%, 08/15/19 (Call 08/31/15)		USD	100		104,125
8.25%, 02/15/21 (Call 02/15/16)		USD	100		103,500
9.88%, 08/15/19 (Call 08/31/15)		USD	150		157,875
					803,844

Security	Principal (000s)			Value
NORWAY — 0.13%
Lock AS
7.00%, 08/15/21 (Call 08/15/17)c		EUR	100	$	118,495
					118,495
PORTUGAL — 0.24%
Novo Banco SA
2.63%, 05/08/17c		EUR	100		109,104
5.88%, 11/09/15c		EUR	100		111,037
					220,141
SOUTH KOREA — 0.04%
Harvest Operations Corp.
6.88%, 10/01/17		USD	40		36,699
					36,699
SPAIN — 1.55%
Abengoa Finance SAU
8.88%, 11/01/17a,b		USD	150		143,250
Abengoa Greenfield SA
5.50%, 10/01/19c		EUR	100		83,416
Banco de Sabadell SA
6.25%, 04/26/20		EUR	50		62,849
Bankia SA
4.00%, 05/22/24 (Call 05/22/19)c,d		EUR	100		109,656
4.38%, 02/14/17		EUR	100		116,163
Bankinter SA
6.38%, 09/11/19		EUR	50		63,246
BBVA International Preferred SAU
5.92%, 04/29/49 (Call 04/18/17)d		USD	50		51,250
BPE Financiaciones SA
2.88%, 05/19/16		EUR	100		112,210
CaixaBank SA
5.00%, 11/14/23 (Call 11/14/18)c,d		EUR	100		118,219
Gestamp Funding Luxembourg SA
5.88%, 05/31/20 (Call 05/31/16)c		EUR	100		116,285
Grupo Antolin Dutch BV
5.13%, 06/30/22 (Call 06/30/18)c		EUR	100		113,800
Grupo Isolux Corsan Finance BV
6.63%, 04/15/21 (Call 04/15/17)c		EUR	100		72,920
Mapfre SA
5.92%, 07/24/37 (Call 07/24/17)d		EUR	50		58,491
Obrascon Huarte Lain SA
7.63%, 03/15/20 (Call 03/15/16)c		EUR	100		111,590
Repsol International Finance BV
4.50%, 03/25/75 (Call 03/25/25)c,d		EUR	100		102,337
					1,435,682
SWEDEN — 0.25%
Verisure Holding AB
8.75%, 09/01/18 (Call 08/31/15)c		EUR	100		115,871
Volvo Treasury AB
4.20%, 06/10/75 (Call 06/10/20)c,d		EUR	100		112,695
					228,566

26

Schedule of Investments (Unaudited) (Continued)

iSHARES^® GLOBAL HIGH YIELD CORPORATE BOND ETF

July 31, 2015

Security	Principal (000s)			Value
SWITZERLAND — 0.24%
Dufry Finance SCA
4.50%, 07/15/22 (Call 07/15/17)c		EUR	100	$	115,070
Selecta Group BV
6.50%, 06/15/20 (Call 12/15/16)c		EUR	100		106,480
					221,550
UNITED KINGDOM — 7.53%
AA Bond Co. Ltd.
5.50%, 07/31/43 (Call 07/31/18)c		GBP	100		154,880
Algeco Scotsman Global Finance PLC
8.50%, 10/15/18 (Call 10/15/15)a,b		USD	200		187,000
Arqiva Broadcast Finance PLC
9.50%, 03/31/20 (Call 03/31/16)c		GBP	100		171,265
Ashtead Capital Inc.
5.63%, 10/01/24 (Call 10/01/19)a		USD	200		200,500
Boparan Finance PLC
4.38%, 07/15/21 (Call 07/15/17)c		EUR	100		102,199
Brakes Capital
7.13%, 12/15/18 (Call 12/15/15)c		GBP	100		162,682
Case New Holland Industrial Inc.
7.88%, 12/01/17b		USD	100		110,250
CNH Industrial Finance Europe SA
2.75%, 03/18/19c		EUR	100		111,059
2.88%, 09/27/21c		EUR	100		110,071
Co-Operative Bank PLC/United Kingdom
5.13%, 09/20/17		GBP	50		76,855
EC Finance PLC
5.13%, 07/15/21 (Call 01/15/17)c		EUR	100		114,352
Eco-Bat Finance PLC
7.75%, 02/15/17 (Call 09/01/15)c		EUR	100		107,723
Fiat Chrysler Automobile NV
5.25%, 04/15/23b		USD	200		201,000
Fiat Chrysler Finance Europe
4.75%, 03/22/21c		EUR	100		117,605
4.75%, 07/15/22c		EUR	100		117,546
6.63%, 03/15/18c		EUR	150		182,590
6.75%, 10/14/19c		EUR	100		127,010
7.00%, 03/23/17c		EUR	100		118,644
Gala Group Finance PLC
8.88%, 09/01/18 (Call 09/01/15)c		GBP	90		147,818
Ineos Finance PLC
4.00%, 05/01/23 (Call 05/01/18)c		EUR	100		107,999
Inmarsat Finance PLC
4.88%, 05/15/22 (Call 05/15/17)a		USD	100		98,250
International Personal Finance PLC
5.75%, 04/07/21c		EUR	100		104,408
Iron Mountain Europe PLC
6.13%, 09/15/22 (Call 09/15/17)c		GBP	100		161,902
Jaguar Land Rover Automotive PLC
3.50%, 03/15/20 (Call 12/15/19)a		USD	200		193,000
3.88%, 03/01/23c		GBP	100		145,127
Kerling PLC
10.63%, 02/01/17 (Call 09/01/15)c		EUR	50		57,107
Matalan Finance PLC
6.88%, 06/01/19 (Call 05/30/16)a		GBP	100		151,368
Odeon & UCI Finco PLC
9.00%, 08/01/18 (Call 08/10/15)c		GBP	100		161,122
Pizzaexpress Financing 2 PLC
6.63%, 08/01/21 (Call 08/01/17)c		GBP	100		161,122

Security	Principal (000s)			Value
Priory Group No. 3 PLC
7.00%, 02/15/18 (Call 09/01/15)a		GBP	61	$	98,520
Rexam PLC
6.75%, 06/29/67 (Call 06/29/17)c,d		EUR	50		56,281
Royal Bank of Scotland Group PLC
3.63%, 03/25/24 (Call 03/25/19)c,d		EUR	100		114,174
5.13%, 05/28/24		USD	200		201,854
6.00%, 12/19/23		USD	150		160,790
6.10%, 06/10/23		USD	75		80,335
6.13%, 12/15/22		USD	200		215,337
Royal Bank of Scotland PLC (The)
4.35%, 01/23/17		EUR	100		114,974
4.63%, 09/22/21 (Call 09/22/16)d		EUR	100		113,247
6.93%, 04/09/18		EUR	100		124,896
Tesco Corporate Treasury Services PLC
1.38%, 07/01/19c		EUR	100		107,755
2.50%, 07/01/24c		EUR	100		105,329
Tesco PLC
6.13%, 02/24/22		GBP	100		169,047
Thomas Cook Finance PLC
7.75%, 06/15/20 (Call 06/15/16)c		EUR	100		118,219
Tullow Oil PLC
6.00%, 11/01/20 (Call 11/01/16)a		USD	200		164,000
Virgin Media Finance PLC
4.50%, 01/15/25 (Call 01/15/20)c		EUR	100		109,380
Virgin Media Secured Finance PLC
5.13%, 01/15/25 (Call 01/15/20)c		GBP	100		155,270
5.25%, 01/15/26 (Call 01/15/20)a		USD	200		194,000
5.38%, 04/15/21 (Call 04/15/17)a		USD	180		184,725
5.50%, 01/15/25 (Call 01/15/19)c		GBP	90		143,254
6.25%, 03/28/29 (Call 01/15/21)c		GBP	100		162,682
Viridian Group FundCo II Ltd.
7.50%, 03/01/20 (Call 09/01/17)c		EUR	100		111,037
					6,967,560
UNITED STATES — 60.28%
Activision Blizzard Inc.
5.63%, 09/15/21 (Call 09/15/16)a		USD	125		131,406
6.13%, 09/15/23 (Call 09/15/18)a		USD	50		53,875
ADT Corp. (The)
2.25%, 07/15/17		USD	50		49,875
3.50%, 07/15/22		USD	75		69,011
4.13%, 04/15/19b		USD	25		25,423
4.13%, 06/15/23b		USD	50		46,988
6.25%, 10/15/21b		USD	100		106,125
Advanced Micro Devices Inc.
6.75%, 03/01/19		USD	50		36,250
7.00%, 07/01/24 (Call 07/01/19)		USD	25		16,375
7.50%, 08/15/22		USD	50		34,250
7.75%, 08/01/20 (Call 08/31/15)b		USD	50		33,750
AECOM
5.75%, 10/15/22 (Call 10/15/17)a		USD	25		25,375
5.88%, 10/15/24 (Call 07/15/24)a		USD	100		101,750
AES Corp./VA
4.88%, 05/15/23 (Call 05/15/18)		USD	100		95,000
5.50%, 04/15/25 (Call 04/15/20)		USD	50		48,250
7.38%, 07/01/21 (Call 06/01/21)		USD	100		110,000
Affinion Group Inc.
7.88%, 12/15/18 (Call 08/31/15)b		USD	50		34,250
Aircastle Ltd.
5.13%, 03/15/21		USD	25		25,750
5.50%, 02/15/22		USD	50		52,000

27

Schedule of Investments (Unaudited) (Continued)

iSHARES^® GLOBAL HIGH YIELD CORPORATE BOND ETF

July 31, 2015

Security	Principal (000s)			Value
6.25%, 12/01/19b		USD	50	$	55,437
6.75%, 04/15/17		USD	50		53,438
AK Steel Corp.
7.63%, 05/15/20 (Call 08/31/15)b		USD	40		28,500
7.63%, 10/01/21 (Call 10/01/17)		USD	50		34,750
Albertson’s Holdings LLC/Safeway Inc.
7.75%, 10/15/22 (Call 10/15/17)a		USD	75		80,625
Alcoa Inc.
5.13%, 10/01/24 (Call 07/01/24)		USD	100		100,000
5.40%, 04/15/21 (Call 01/15/21)		USD	125		129,531
5.72%, 02/23/19		USD	100		106,375
6.15%, 08/15/20b		USD	100		107,500
6.75%, 07/15/18		USD	50		54,687
Alere Inc.
6.38%, 07/01/23 (Call 07/01/18)a,b		USD	50		52,063
7.25%, 07/01/18 (Call 12/15/15)		USD	50		52,438
8.63%, 10/01/18 (Call 08/31/15)		USD	50		51,500
Aleris International Inc.
7.63%, 02/15/18 (Call 08/31/15)		USD	50		50,250
7.88%, 11/01/20 (Call 11/01/15)		USD	50		50,500
Allegheny Technologies Inc.
6.63%, 08/15/23 (Call 05/15/23)		USD	75		69,750
Ally Financial Inc.
3.50%, 07/18/16		USD	100		101,050
3.50%, 01/27/19		USD	100		99,375
3.60%, 05/21/18		USD	100		100,500
3.75%, 11/18/19b		USD	100		99,500
4.13%, 03/30/20		USD	50		50,125
4.13%, 02/13/22		USD	50		49,000
4.63%, 05/19/22b		USD	25		25,063
4.75%, 09/10/18		USD	100		103,500
5.13%, 09/30/24b		USD	75		75,844
5.50%, 02/15/17		USD	100		104,000
6.25%, 12/01/17		USD	100		107,120
7.50%, 09/15/20		USD	100		116,750
8.00%, 03/15/20		USD	100		118,000
Alpha Natural Resources Inc.
6.25%, 06/01/21 (Call 06/01/16)		USD	75		1,500
7.50%, 08/01/20 (Call 08/01/16)a		USD	50		4,125
AMC Networks Inc.
4.75%, 12/15/22 (Call 12/15/17)		USD	100		101,000
American Airlines Group Inc.
5.50%, 10/01/19a		USD	100		101,750
American Axle & Manufacturing Inc.
6.25%, 03/15/21 (Call 03/15/16)		USD	50		52,000
6.63%, 10/15/22 (Call 10/15/17)		USD	50		52,250
American Energy-Permian Basin LLC/AEPB Finance Corp.
7.13%, 11/01/20 (Call 01/31/17)a,b		USD	100		59,000
AmeriGas Finance LLC/AmeriGas Finance Corp.
6.75%, 05/20/20 (Call 05/20/16)		USD	50		52,375
7.00%, 05/20/22 (Call 05/20/17)		USD	100		106,250
Amsurg Corp.
5.63%, 07/15/22 (Call 07/15/17)		USD	100		103,000
Antero Resources Corp.
5.13%, 12/01/22 (Call 06/01/17)		USD	100		94,625
5.38%, 11/01/21 (Call 11/01/16)b		USD	100		96,750
5.63%, 06/01/23 (Call 06/01/18)a		USD	50		48,125
6.00%, 12/01/20 (Call 12/01/15)		USD	50		50,500
APX Group Inc.
6.38%, 12/01/19 (Call 12/01/15)		USD	50		48,750
8.75%, 12/01/20 (Call 12/01/15)b		USD	75		68,250
Aramark Services Inc.
5.75%, 03/15/20 (Call 08/31/15)		USD	100		104,450

Security	Principal (000s)			Value
ARC Properties Operating Partnership LP
3.00%, 02/06/19 (Call 01/06/19)		USD	100	$	95,625
4.60%, 02/06/24 (Call 11/06/23)		USD	50		48,250
Arch Coal Inc.
7.25%, 06/15/21 (Call 06/15/16)		USD	150		16,500
Argos Merger Sub Inc.
7.13%, 03/15/23 (Call 03/15/18)a,b		USD	135		142,087
Ashland Inc.
3.88%, 04/15/18 (Call 03/15/18)b		USD	50		51,375
4.75%, 08/15/22 (Call 05/15/22)b		USD	100		100,875
Audatex North America Inc.
6.00%, 06/15/21 (Call 06/15/17)a		USD	125		126,875
6.13%, 11/01/23 (Call 11/01/18)a		USD	90		88,425
Avaya Inc.
7.00%, 04/01/19 (Call 08/31/15)a		USD	100		97,000
10.50%, 03/01/21 (Call 03/01/17)a		USD	100		81,250
Avis Budget Car Rental LLC/Avis Budget Finance Inc.
5.13%, 06/01/22 (Call 06/01/17)a		USD	25		24,750
5.50%, 04/01/23 (Call 04/01/18)b		USD	50		49,875
Avon Products Inc.
5.75%, 03/15/23b		USD	50		41,125
Axiall Corp.
4.88%, 05/15/23 (Call 05/15/18)b		USD	50		48,375
Ball Corp.
4.00%, 11/15/23b		USD	75		71,062
5.00%, 03/15/22		USD	50		51,000
5.25%, 07/01/25		USD	75		75,375
Belden Inc.
5.50%, 04/15/23 (Call 04/15/18)c		EUR	100		112,695
Berry Petroleum Co. LLC
6.38%, 09/15/22 (Call 03/15/17)		USD	50		34,000
Berry Plastics Corp.
5.13%, 07/15/23 (Call 07/15/18)		USD	50		49,125
5.50%, 05/15/22 (Call 05/15/17)b		USD	50		50,500
Best Buy Co. Inc.
5.50%, 03/15/21 (Call 12/15/20)		USD	50		52,125
BlueLine Rental Finance Corp.
7.00%, 02/01/19 (Call 02/01/16)a		USD	50		49,875
BMC Software Finance Inc.
8.13%, 07/15/21 (Call 07/15/16)a		USD	125		92,500
Boyd Gaming Corp.
6.88%, 05/15/23 (Call 05/15/18)b		USD	50		52,000
BreitBurn Energy Partners LP/BreitBurn Finance Corp.
7.88%, 04/15/22 (Call 01/15/17)		USD	75		52,190
Builders FirstSource Inc.
10.75%, 08/15/23 (Call 08/15/18)a		USD	40		41,200
Building Materials Corp. of America
5.38%, 11/15/24 (Call 11/15/19)a		USD	75		75,000
6.75%, 05/01/21 (Call 05/01/16)a		USD	100		104,875
Cablevision Systems Corp.
5.88%, 09/15/22b		USD	50		47,250
7.75%, 04/15/18		USD	50		54,125
8.00%, 04/15/20		USD	75		81,187
8.63%, 09/15/17		USD	50		55,000
Caesars Entertainment Resort Properties LLC/Caesars Entertainment Resort Properties
8.00%, 10/01/20 (Call 10/01/16)		USD	50		47,625
11.00%, 10/01/21 (Call 10/01/16)b		USD	100		84,750
California Resources Corp.
5.50%, 09/15/21 (Call 06/15/21)b		USD	200		165,500
6.00%, 11/15/24 (Call 08/15/24)b		USD	175		141,312
Calpine Corp.
5.38%, 01/15/23 (Call 10/15/18)b		USD	200		195,500
5.75%, 01/15/25 (Call 10/15/19)b		USD	100		96,500

28

Schedule of Investments (Unaudited) (Continued)

iSHARES^® GLOBAL HIGH YIELD CORPORATE BOND ETF

July 31, 2015

Security		Principal (000s)		Value
5.88%, 01/15/24 (Call 11/01/18)a	USD		25	$	26,125
6.00%, 01/15/22 (Call 11/01/16)a	USD		25		26,438
7.88%, 01/15/23 (Call 01/15/17)a,b	USD		100		107,250
Calumet Specialty Products Partners LP/Calumet Finance Corp.
6.50%, 04/15/21 (Call 04/15/17)	USD		75		73,875
Carrizo Oil & Gas Inc.
6.25%, 04/15/23 (Call 04/15/18)	USD		80		76,000
CCO Holdings LLC/CCO Holdings Capital Corp.
5.13%, 02/15/23 (Call 02/15/18)	USD		100		99,000
5.13%, 05/01/23 (Call 05/01/18)a	USD		100		99,000
5.25%, 09/30/22 (Call 09/30/17)	USD		100		101,000
5.38%, 05/01/25 (Call 05/01/20)a,b	USD		50		49,375
5.75%, 09/01/23 (Call 03/01/18)b	USD		50		50,938
5.75%, 01/15/24 (Call 07/15/18)b	USD		100		102,000
5.88%, 05/01/27 (Call 05/01/21)a	USD		50		49,375
6.50%, 04/30/21 (Call 08/31/15)	USD		150		156,937
6.63%, 01/31/22 (Call 01/31/17)	USD		50		52,813
7.00%, 01/15/19 (Call 08/31/15)	USD		43		44,666
7.38%, 06/01/20 (Call 12/01/15)	USD		50		52,813
CDW LLC/CDW Finance Corp.
5.00%, 09/01/23 (Call 03/01/18)b	USD		50		49,500
5.50%, 12/01/24 (Call 06/01/24)	USD		50		50,125
6.00%, 08/15/22 (Call 08/15/17)	USD		50		52,375
CenturyLink Inc.
Series V
5.63%, 04/01/20	USD		100		102,250
5.63%, 04/01/25 (Call 01/01/25)a	USD		50		45,750
5.80%, 03/15/22b	USD		100		97,500
6.00%, 04/01/17	USD		100		105,000
6.45%, 06/15/21	USD		100		101,750
Series W
6.75%, 12/01/23b	USD		50		50,000
Cequel Communications Holdings I LLC/Cequel Capital Corp.
5.13%, 12/15/21 (Call 06/15/16)a	USD		125		116,094
6.38%, 09/15/20 (Call 09/15/15)a	USD		100		100,625
Chaparral Energy Inc.
7.63%, 11/15/22 (Call 05/15/17)	USD		75		44,250
Chemours Co. (The)
6.63%, 05/15/23 (Call 05/15/18)a,b	USD		75		66,000
7.00%, 05/15/25 (Call 05/15/20)a	USD		100		87,000
Chesapeake Energy Corp.
4.88%, 04/15/22 (Call 04/15/17)b	USD		100		80,250
5.38%, 06/15/21 (Call 06/15/16)b	USD		50		42,125
5.75%, 03/15/23b	USD		100		84,000
6.13%, 02/15/21b	USD		100		86,000
6.25%, 01/15/17	EUR		50		55,548
6.50%, 08/15/17	USD		50		48,625
6.63%, 08/15/20b	USD		100		89,875
7.25%, 12/15/18b	USD		100		95,500
CHS/Community Health Systems Inc.
5.13%, 08/15/18 (Call 08/31/15)	USD		100		102,750
5.13%, 08/01/21 (Call 02/01/17)	USD		75		77,625
6.88%, 02/01/22 (Call 02/01/18)	USD		225		240,750
7.13%, 07/15/20 (Call 07/15/16)	USD		100		106,625
8.00%, 11/15/19 (Call 11/15/15)	USD		150		157,687
Cincinnati Bell Inc.
8.38%, 10/15/20 (Call 10/15/15)	USD		81		84,949
Cinemark USA Inc.
4.88%, 06/01/23 (Call 06/01/18)	USD		50		48,815
5.13%, 12/15/22 (Call 12/15/17)	USD		50		50,190
CIT Group Inc.
3.88%, 02/19/19	USD		100		100,375
4.25%, 08/15/17	USD		100		102,125

Security	Principal (000s)			Value
5.00%, 05/15/17		USD	100	$	103,500
5.00%, 08/15/22b		USD	100		101,500
5.00%, 08/01/23		USD	50		50,383
5.25%, 03/15/18		USD	150		156,562
5.38%, 05/15/20b		USD	75		79,312
5.50%, 02/15/19a		USD	100		105,617
6.63%, 04/01/18a		USD	100		107,625
Citgo Holding Inc.
10.75%, 02/15/20a		USD	100		103,000
Claire’s Stores Inc.
8.88%, 03/15/19 (Call 08/31/15)b		USD	25		10,750
9.00%, 03/15/19 (Call 08/31/15)a		USD	100		86,625
Clean Harbors Inc.
5.13%, 06/01/21 (Call 12/01/16)		USD	50		50,375
5.25%, 08/01/20 (Call 08/01/16)b		USD	50		51,250
Clear Channel Worldwide Holdings Inc.
6.50%, 11/15/22 (Call 11/15/17)		USD	200		207,700
Series B
7.63%, 03/15/20 (Call 08/31/15)b		USD	175		183,312
Cliffs Natural Resources Inc.
5.95%, 01/15/18b		USD	50		25,875
7.75%, 03/31/20 (Call 03/31/17)a,b		USD	57		25,650
8.25%, 03/31/20 (Call 03/31/18)a,b		USD	50		45,375
CNH Industrial Capital LLC
3.25%, 02/01/17		USD	100		100,125
3.63%, 04/15/18b		USD	100		100,750
3.88%, 07/16/18a		USD	50		50,250
Commercial Metals Co.
7.35%, 08/15/18		USD	100		107,125
CommScope Inc.
4.38%, 06/15/20 (Call 06/15/17)a		USD	50		50,313
5.00%, 06/15/21 (Call 06/15/17)a		USD	75		73,875
5.50%, 06/15/24 (Call 06/15/19)a		USD	50		48,750
CommScope Technologies Finance LLC
6.00%, 06/15/25 (Call 06/15/20)a		USD	105		103,687
Communications Sales & Leasing Inc.
6.00%, 04/15/23 (Call 04/15/18)a		USD	25		24,000
8.25%, 10/15/23 (Call 04/15/19)a,b		USD	75		71,437
Comstock Resources Inc.
10.00%, 03/15/20 (Call 03/15/16)a,b		USD	100		88,500
Concho Resources Inc.
5.50%, 10/01/22 (Call 10/01/17)		USD	50		49,750
5.50%, 04/01/23 (Call 10/01/17)		USD	100		99,625
6.50%, 01/15/22 (Call 01/15/17)		USD	100		102,823
CONSOL Energy Inc.
5.88%, 04/15/22 (Call 04/15/17)b		USD	150		117,000
8.00%, 04/01/23 (Call 04/01/18)a		USD	25		20,813
Constellation Brands Inc.
4.25%, 05/01/23		USD	50		50,063
4.75%, 11/15/24		USD	50		51,000
6.00%, 05/01/22		USD	100		110,125
7.25%, 05/15/17		USD	100		108,625
Covanta Holding Corp.
5.88%, 03/01/24 (Call 03/01/19)		USD	75		73,594
Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp.
6.13%, 03/01/22 (Call 11/01/16)		USD	75		74,062
6.25%, 04/01/23 (Call 04/01/18)a,b		USD	50		49,500
Crimson Merger Sub Inc.
6.63%, 05/15/22 (Call 05/15/17)a,b		USD	100		92,250
Crown Americas LLC/Crown Americas Capital Corp. III
6.25%, 02/01/21 (Call 02/01/16)		USD	50		52,250
Crown Americas LLC/Crown Americas Capital Corp. IV
4.50%, 01/15/23		USD	50		48,500

29

Schedule of Investments (Unaudited) (Continued)

iSHARES^® GLOBAL HIGH YIELD CORPORATE BOND ETF

July 31, 2015

Security	Principal (000s)			Value
Crown Castle International Corp.
4.88%, 04/15/22		USD	50	$	51,250
5.25%, 01/15/23		USD	150		157,312
Crown European Holdings SA
4.00%, 07/15/22 (Call 04/15/22)c		EUR	100		114,628
CSC Holdings LLC
5.25%, 06/01/24b		USD	50		46,375
6.75%, 11/15/21		USD	100		103,750
8.63%, 02/15/19		USD	50		56,625
Dana Holding Corp.
5.38%, 09/15/21 (Call 09/15/16)		USD	50		51,000
5.50%, 12/15/24 (Call 12/15/19)		USD	50		49,125
Darling Global Finance BV
4.75%, 05/30/22 (Call 05/30/18)c		EUR	100		108,015
DaVita HealthCare Partners Inc.
5.00%, 05/01/25 (Call 05/01/20)b		USD	170		167,450
5.13%, 07/15/24 (Call 07/15/19)		USD	125		125,625
5.75%, 08/15/22 (Call 08/15/17)		USD	50		53,250
DCP Midstream LLC
5.85%, 05/21/43 (Call 05/21/23)a,d		USD	50		37,607
DCP Midstream Operating LP
3.88%, 03/15/23 (Call 12/15/22)		USD	50		42,703
Dell Inc.
5.65%, 04/15/18		USD	50		52,500
5.88%, 06/15/19		USD	50		52,500
Denbury Resources Inc.
4.63%, 07/15/23 (Call 01/15/18)		USD	100		73,433
5.50%, 05/01/22 (Call 05/01/17)		USD	100		77,000
DISH DBS Corp.
4.25%, 04/01/18		USD	100		101,250
4.63%, 07/15/17		USD	100		102,500
5.00%, 03/15/23		USD	125		116,562
5.13%, 05/01/20		USD	100		101,000
5.88%, 07/15/22b		USD	150		148,875
5.88%, 11/15/24		USD	150		144,750
6.75%, 06/01/21		USD	150		158,437
7.88%, 09/01/19		USD	100		112,000
DJO Finco Inc./DJO Finance LLC/DJO Finance Corp.
8.13%, 06/15/21 (Call 06/15/18)a		USD	75		77,062
Dollar Tree Inc.
5.75%, 03/01/23 (Call 03/01/18)a,b		USD	235		247,631
Dollar Tree Inc.
5.25%, 03/01/20 (Call 03/01/17)a,b		USD	50		52,750
DPL Inc.
6.50%, 10/15/16 (Call 09/15/16)		USD	27		28,148
7.25%, 10/15/21 (Call 07/15/21)		USD	100		106,460
DR Horton Inc.
3.63%, 02/15/18 (Call 11/15/17)b		USD	100		102,000
4.00%, 02/15/20		USD	100		103,000
Dynegy Inc.
5.88%, 06/01/23 (Call 06/01/18)		USD	50		47,875
6.75%, 11/01/19 (Call 05/01/17)a,b		USD	150		154,125
7.38%, 11/01/22 (Call 11/01/18)a		USD	100		103,500
7.63%, 11/01/24 (Call 11/01/19)a,b		USD	150		154,875
E*TRADE Financial Corp.
5.38%, 11/15/22 (Call 11/15/17)		USD	30		31,125
Eagle Spinco Inc.
4.63%, 02/15/21 (Call 02/15/18)		USD	50		48,500
Endo Finance LLC
5.75%, 01/15/22 (Call 01/15/17)a		USD	75		77,250
Endo Finance LLC/Endo Finco Inc.
5.38%, 01/15/23 (Call 07/15/17)a		USD	25		25,250

Security	Principal (000s)			Value
Endo Ltd./Endo Finance LLC/ Endo Finco Inc.
6.00%, 02/01/25 (Call 02/01/20)a		USD	200	$	206,500
Energizer Holdings Inc.
5.50%, 06/15/25 (Call 06/15/20)a,b		USD	50		48,750
Energy Transfer Equity LP
5.50%, 06/01/27 (Call 03/01/27)		USD	90		88,425
5.88%, 01/15/24 (Call 10/15/23)		USD	75		76,500
7.50%, 10/15/20		USD	100		112,000
Energy XXI Gulf Coast Inc.
6.88%, 03/15/24 (Call 03/15/19)b		USD	25		5,125
7.50%, 12/15/21 (Call 12/15/16)b		USD	55		11,275
9.25%, 12/15/17 (Call 08/31/15)		USD	100		37,000
11.00%, 03/15/20 (Call 09/15/17)a,b		USD	100		76,000
EP Energy LLC/Everest Acquisition Finance Inc.
6.38%, 06/15/23 (Call 06/15/18)a		USD	50		47,000
9.38%, 05/01/20 (Call 05/01/16)		USD	150		154,818
Equinix Inc.
4.88%, 04/01/20 (Call 04/01/17)b		USD	25		25,563
5.38%, 01/01/22 (Call 01/01/18)		USD	80		81,200
5.38%, 04/01/23 (Call 04/01/18)		USD	50		50,500
5.75%, 01/01/25 (Call 01/01/20)b		USD	50		50,250
EXCO Resources Inc.
8.50%, 04/15/22 (Call 04/15/17)b		USD	75		27,375
FCA U.S. LLC/CG Co-Issuer Inc.
8.25%, 06/15/21 (Call 06/15/16)		USD	250		270,937
Felcor Lodging LP
5.63%, 03/01/23 (Call 03/01/18)b		USD	50		51,500
6.00%, 06/01/25 (Call 06/01/20)a		USD	25		25,563
Ferrellgas LP/Ferrellgas Finance Corp.
6.75%, 01/15/22 (Call 11/15/16)		USD	75		75,070
6.75%, 06/15/23 (Call 06/15/19)a		USD	50		49,812
Fifth Third Bancorp
5.10%, 12/29/49 (Call 06/30/23)b,d		USD	50		46,250
First Data Corp.
6.75%, 11/01/20 (Call 11/01/15)a		USD	197		208,327
8.25%, 01/15/21 (Call 01/15/16)a		USD	150		158,625
8.88%, 08/15/20 (Call 08/31/15)a		USD	50		52,563
10.63%, 06/15/21 (Call 04/15/16)		USD	33		36,795
11.25%, 01/15/21 (Call 01/15/16)		USD	33		36,671
11.75%, 08/15/21 (Call 05/15/16)		USD	131		148,685
12.63%, 01/15/21 (Call 01/15/16)		USD	250		289,375
FirstEnergy Corp.
Series A
2.75%, 03/15/18 (Call 02/15/18)		USD	100		101,140
Series B
4.25%, 03/15/23 (Call 12/15/22)		USD	50		50,536
FirstEnergy Transmission LLC
4.35%, 01/15/25 (Call 10/15/24)a		USD	50		51,228
Florida East Coast Holdings Corp.
6.75%, 05/01/19 (Call 05/01/16)a		USD	100		100,500
Freescale Semiconductor Inc.
5.00%, 05/15/21 (Call 05/15/16)a		USD	50		50,750
6.00%, 01/15/22 (Call 11/15/16)a		USD	100		105,250
10.75%, 08/01/20 (Call 08/05/15)		USD	32		33,720
Frontier Communications Corp.
6.25%, 09/15/21 (Call 06/15/21)		USD	50		46,125
6.88%, 01/15/25 (Call 10/15/24)		USD	50		42,625
7.13%, 01/15/23		USD	100		89,500
7.63%, 04/15/24b		USD	50		45,250
8.25%, 04/15/17		USD	100		107,250
8.50%, 04/15/20		USD	100		103,500
8.75%, 04/15/22b		USD	50		49,625
9.25%, 07/01/21		USD	50		52,000

30

Schedule of Investments (Unaudited) (Continued)

iSHARES^® GLOBAL HIGH YIELD CORPORATE BOND ETF

July 31, 2015

Security	Principal (000s)			Value
Gates Global LLC/Gates Global Co.
6.00%, 07/15/22 (Call 07/15/17)a		USD	75	$	66,562
Genesis Energy LP/Genesis Energy Finance Corp.
6.00%, 05/15/23 (Call 05/15/18)		USD	25		23,625
6.75%, 08/01/22 (Call 08/01/18)		USD	50		49,625
GenOn Energy Inc.
9.50%, 10/15/18		USD	100		101,250
9.88%, 10/15/20 (Call 10/15/15)		USD	50		50,000
Genworth Holdings Inc.
4.80%, 02/15/24		USD	100		86,731
6.52%, 05/22/18		USD	50		52,684
7.63%, 09/24/21		USD	150		160,171
GLP Capital LP/GLP Financing II Inc.
4.88%, 11/01/20 (Call 08/01/20)b		USD	25		25,813
5.38%, 11/01/23 (Call 08/01/23)		USD	100		103,750
Goodyear Tire & Rubber Co. (The)
6.50%, 03/01/21 (Call 03/01/16)		USD	100		106,000
7.00%, 05/15/22 (Call 05/15/17)		USD	50		54,125
8.25%, 08/15/20 (Call 08/31/15)		USD	100		104,500
Halcon Resources Corp.
8.63%, 02/01/20 (Call 02/01/17)a,b		USD	50		47,750
Hanesbrands Inc.
6.38%, 12/15/20 (Call 12/15/15)b		USD	50		52,188
Harland Clarke Holdings Corp.
9.25%, 03/01/21 (Call 03/01/17)a		USD	50		44,750
HCA Holdings Inc.
6.25%, 02/15/21b		USD	75		82,125
HCA Inc.
3.75%, 03/15/19		USD	150		152,156
4.25%, 10/15/19		USD	100		103,000
4.75%, 05/01/23		USD	100		103,000
5.00%, 03/15/24		USD	150		156,562
5.25%, 04/15/25		USD	100		105,000
5.38%, 02/01/25		USD	225		230,344
5.88%, 03/15/22		USD	100		109,250
5.88%, 05/01/23b		USD	100		107,250
6.50%, 02/15/20		USD	200		223,500
7.50%, 02/15/22b		USD	150		174,750
HD Supply Inc.
5.25%, 12/15/21 (Call 12/15/17)a		USD	100		102,750
7.50%, 07/15/20 (Call 10/15/16)b		USD	150		159,750
11.00%, 04/15/20 (Call 04/15/16)		USD	50		55,687
11.50%, 07/15/20 (Call 10/15/16)		USD	50		57,625
HealthSouth Corp.
5.75%, 11/01/24 (Call 11/01/17)		USD	100		101,000
Hercules Offshore Inc.
8.75%, 07/15/21 (Call 07/15/17)a		USD	50		15,125
Hertz Corp. (The)
5.88%, 10/15/20 (Call 10/15/15)b		USD	100		101,750
6.25%, 10/15/22 (Call 10/15/17)b		USD	50		50,875
6.75%, 04/15/19 (Call 08/31/15)		USD	150		154,500
Hertz Holdings Netherlands BV
4.38%, 01/15/19c		EUR	100		111,037
Hexion Inc.
6.63%, 04/15/20 (Call 08/31/15)		USD	125		114,531
8.88%, 02/01/18 (Call 08/31/15)		USD	50		44,000
Hexion Inc./Hexion Nova Scotia Finance ULC
9.00%, 11/15/20 (Call 11/15/15)		USD	50		35,000
Hilcorp Energy I LP/Hilcorp Finance Co.
5.00%, 12/01/24 (Call 06/01/19)a		USD	50		46,000
5.75%, 10/01/25 (Call 04/01/20)a		USD	25		23,875
Hilton Worldwide Finance LLC/Hilton Worldwide Finance Corp.
5.63%, 10/15/21 (Call 10/15/16)		USD	100		104,500

Security	Principal (000s)			Value
Hologic Inc.
5.25%, 07/15/22 (Call 07/15/18)a		USD	11	$	11,358
6.25%, 08/01/20 (Call 08/01/15)		USD	50		51,565
HRG Group Inc.
7.75%, 01/15/22 (Call 01/15/17)		USD	50		49,250
7.88%, 07/15/19 (Call 01/15/16)		USD	50		53,125
HUB International Ltd.
7.88%, 10/01/21 (Call 10/01/16)a		USD	75		76,406
Hughes Satellite Systems Corp.
6.50%, 06/15/19		USD	90		98,647
7.63%, 06/15/21b		USD	75		82,875
Huntington Ingalls Industries Inc.
5.00%, 12/15/21 (Call 12/15/17)a		USD	50		51,500
7.13%, 03/15/21 (Call 03/15/16)		USD	50		52,938
Huntsman International LLC
5.13%, 04/15/21		EUR	100		114,639
5.13%, 11/15/22 (Call 08/15/22)a,b		USD	50		48,250
8.63%, 03/15/21 (Call 09/15/15)		USD	20		20,970
IAC/InterActiveCorp
4.75%, 12/15/22 (Call 12/15/17)		USD	50		48,500
4.88%, 11/30/18 (Call 08/31/15)		USD	25		25,844
Icahn Enterprises LP/Icahn Enterprises Finance Corp.
3.50%, 03/15/17 (Call 02/15/17)		USD	100		101,000
4.88%, 03/15/19 (Call 07/15/16)		USD	100		102,875
5.88%, 02/01/22 (Call 08/01/17)b		USD	120		123,900
6.00%, 08/01/20 (Call 02/01/17)		USD	100		105,082
iHeartCommunications Inc.
9.00%, 12/15/19 (Call 08/31/15)b		USD	125		120,312
9.00%, 03/01/21 (Call 03/01/16)b		USD	125		113,125
9.00%, 09/15/22 (Call 09/15/17)		USD	50		45,125
10.00%, 01/15/18 (Call 07/15/16)b		USD	50		39,750
10.63%, 03/15/23 (Call 03/15/18)a		USD	100		93,500
11.25%, 03/01/21 (Call 03/01/16)		USD	75		71,625
Infor U.S. Inc.
6.50%, 05/15/22 (Call 05/15/18)a		USD	115		117,587
International Game Technology
7.50%, 06/15/19		USD	25		26,813
International Game Technology PLC
4.13%, 02/15/20 (Call 11/15/19)c		EUR	100		110,761
4.75%, 02/15/23 (Call 08/15/22)c		EUR	100		107,303
6.25%, 02/15/22 (Call 08/15/21)a		USD	250		246,250
International Lease Finance Corp.
3.88%, 04/15/18		USD	100		101,125
5.88%, 04/01/19		USD	50		53,520
5.88%, 08/15/22		USD	100		109,000
6.25%, 05/15/19		USD	100		108,541
8.25%, 12/15/20		USD	100		119,660
8.75%, 03/15/17		USD	150		163,417
inVentiv Health Inc.
9.00%, 01/15/18 (Call 01/15/16)a		USD	75		78,186
Iron Mountain Inc.
5.75%, 08/15/24 (Call 08/15/17)b		USD	75		75,562
6.00%, 08/15/23 (Call 08/15/18)		USD	50		51,938
iStar Financial Inc.
4.00%, 11/01/17 (Call 08/01/17)		USD	100		98,000
Jaguar Holding Co. II/Jaguar Merger Sub Inc.
9.50%, 12/01/19 (Call 08/21/15)a		USD	50		53,562
JC Penney Corp. Inc.
5.65%, 06/01/20b		USD	75		67,500
Jefferies Finance LLC/JFIN Co-Issuer Corp.
6.88%, 04/15/22 (Call 04/15/17)a		USD	200		192,118
KB Home
7.00%, 12/15/21 (Call 09/15/21)		USD	50		51,563

31

Schedule of Investments (Unaudited) (Continued)

iSHARES^® GLOBAL HIGH YIELD CORPORATE BOND ETF

July 31, 2015

Security	Principal (000s)			Value
Kindred Healthcare Inc.
6.38%, 04/15/22 (Call 04/15/17)		USD	50	$	51,125
8.00%, 01/15/20a		USD	50		54,125
8.75%, 01/15/23 (Call 01/15/18)a		USD	50		55,312
Kinetic Concepts Inc./KCI USA Inc.
10.50%, 11/01/18 (Call 11/01/15)		USD	150		159,750
12.50%, 11/01/19 (Call 11/01/15)		USD	50		53,687
KLX Inc.
5.88%, 12/01/22 (Call 12/01/17)a		USD	75		75,375
L Brands Inc.
5.63%, 02/15/22		USD	100		107,000
6.63%, 04/01/21		USD	100		112,875
6.90%, 07/15/17		USD	100		109,125
7.00%, 05/01/20		USD	100		114,250
Lamar Media Corp.
5.00%, 05/01/23 (Call 05/01/18)		USD	50		49,875
5.38%, 01/15/24 (Call 01/15/19)		USD	75		76,500
Laredo Petroleum Inc.
5.63%, 01/15/22 (Call 01/15/17)		USD	25		24,000
7.38%, 05/01/22 (Call 05/01/17)		USD	50		50,880
Laureate Education Inc.
10.00%, 09/01/19 (Call 09/01/15)a		USD	100		94,000
Lear Corp.
4.75%, 01/15/23 (Call 01/15/18)		USD	25		24,813
5.25%, 01/15/25 (Call 01/15/20)b		USD	50		49,875
Lennar Corp.
4.50%, 06/15/19 (Call 04/16/19)		USD	25		25,875
4.50%, 11/15/19 (Call 08/15/19)		USD	100		103,250
4.75%, 11/15/22 (Call 08/15/22)		USD	50		50,000
4.75%, 05/30/25 (Call 02/28/25)		USD	25		24,313
Leucadia National Corp.
5.50%, 10/18/23 (Call 01/18/23)		USD	50		51,515
Level 3 Communications Inc.
5.75%, 12/01/22 (Call 12/01/17)		USD	50		50,375
Level 3 Financing Inc.
5.13%, 05/01/23 (Call 05/01/18)a		USD	50		48,875
5.38%, 08/15/22 (Call 08/15/17)b		USD	75		75,562
5.38%, 05/01/25 (Call 05/01/20)a		USD	50		48,438
5.63%, 02/01/23 (Call 02/01/18)a,b		USD	50		50,875
6.13%, 01/15/21 (Call 11/15/16)		USD	50		52,375
8.63%, 07/15/20 (Call 01/15/16)		USD	100		106,500
Levi Strauss & Co.
5.00%, 05/01/25 (Call 05/01/20)		USD	25		24,125
6.88%, 05/01/22 (Call 05/01/17)		USD	50		54,000
LifePoint Health Inc.
6.63%, 10/01/20 (Call 10/01/15)b		USD	50		51,875
LifePoint Health Inc.
5.50%, 12/01/21 (Call 12/01/16)		USD	75		78,000
Linn Energy LLC/Linn Energy Finance Corp.
6.25%, 11/01/19 (Call 11/01/15)		USD	175		108,500
6.50%, 05/15/19 (Call 08/31/15)		USD	100		61,250
6.50%, 09/15/21 (Call 09/15/17)b		USD	50		28,500
7.75%, 02/01/21 (Call 09/15/15)		USD	50		30,000
8.63%, 04/15/20 (Call 08/31/15)		USD	100		62,000
Mallinckrodt International Finance SA
4.75%, 04/15/23		USD	50		47,813
Mallinckrodt International Finance SA/Mallinckrodt CB LLC
4.88%, 04/15/20 (Call 04/15/17)a		USD	50		51,313
5.50%, 04/15/25 (Call 04/15/20)a,b		USD	50		50,438
5.75%, 08/01/22 (Call 08/01/17)a,b		USD	50		51,938
MarkWest Energy Partners LP/MarkWest Energy Finance Corp.
4.50%, 07/15/23 (Call 04/15/23)b		USD	100		97,250
4.88%, 12/01/24 (Call 09/01/24)		USD	50		48,500

Security	Principal (000s)			Value
4.88%, 06/01/25 (Call 03/01/25)		USD	150	$	145,500
Masco Corp.
4.45%, 04/01/25 (Call 01/01/25)		USD	100		99,750
6.13%, 10/03/16		USD	150		157,500
McGraw-Hill Global Education Holdings LLC/McGraw-Hill Global Education Finance
9.75%, 04/01/21 (Call 04/01/16)		USD	50		55,375
Memorial Production Partners LP / Memorial Production Finance Corp.
6.88%, 08/01/22 (Call 08/01/17)		USD	100		79,750
MGM Resorts International
5.25%, 03/31/20b		USD	25		25,313
6.00%, 03/15/23b		USD	100		101,750
6.63%, 12/15/21b		USD	175		185,937
6.75%, 10/01/20b		USD	100		106,250
7.50%, 06/01/16		USD	100		104,250
7.63%, 01/15/17		USD	100		106,250
8.63%, 02/01/19		USD	100		112,750
Michaels Stores Inc.
5.88%, 12/15/20 (Call 12/15/16)a,b		USD	50		52,500
Micron Technology Inc.
5.25%, 08/01/23 (Call 02/01/18)a		USD	50		48,125
5.25%, 01/15/24 (Call 05/01/18)a		USD	75		72,000
5.50%, 02/01/25 (Call 08/01/19)a,b		USD	90		87,187
5.63%, 01/15/26 (Call 05/01/20)a		USD	50		47,875
5.88%, 02/15/22 (Call 02/15/17)		USD	50		51,000
Midstates Petroleum Co. Inc./Midstates Petroleum Co. LLC
10.00%, 06/01/20 (Call 06/01/17)a,b		USD	50		44,625
MPH Acquisition Holdings LLC
6.63%, 04/01/22 (Call 04/01/17)a		USD	100		103,250
Murray Energy Corp.
11.25%, 04/15/21 (Call 04/15/18)a		USD	100		61,500
Nationstar Mortgage LLC/Nationstar Capital Corp.
6.50%, 07/01/21 (Call 01/01/17)		USD	100		93,250
Navient Corp.
5.50%, 01/15/19b		USD	100		98,000
5.50%, 01/25/23b		USD	100		87,750
5.88%, 03/25/21b		USD	125		117,187
5.88%, 10/25/24		USD	25		21,750
6.00%, 01/25/17		USD	100		102,000
6.13%, 03/25/24		USD	50		44,625
7.25%, 01/25/22		USD	75		74,062
8.00%, 03/25/20		USD	150		156,375
8.45%, 06/15/18b		USD	200		216,500
Navios Maritime Holdings Inc./Navios Maritime Finance II U.S. Inc.
7.38%, 01/15/22 (Call 01/15/17)a		USD	50		42,500
Navistar International Corp.
8.25%, 11/01/21 (Call 08/31/15)		USD	100		93,750
NBTY Inc.
9.00%, 10/01/18 (Call 08/31/15)		USD	50		51,313
NCR Corp.
4.63%, 02/15/21 (Call 02/15/17)		USD	50		49,875
5.00%, 07/15/22 (Call 07/15/17)		USD	50		49,625
6.38%, 12/15/23 (Call 12/15/18)		USD	75		79,031
Neiman Marcus Group Ltd. LLC
8.00%, 10/15/21 (Call 10/15/16)a,b		USD	100		106,000
Netflix Inc.
5.50%, 02/15/22a		USD	150		156,000
5.88%, 02/15/25a		USD	50		52,500
Newfield Exploration Co.
5.38%, 01/01/26 (Call 10/01/25)		USD	50		48,125
5.63%, 07/01/24		USD	75		73,875
5.75%, 01/30/22		USD	50		49,500
NGL Energy Partners LP/NGL Energy Finance Corp.
5.13%, 07/15/19 (Call 06/15/19)		USD	100		97,250

32

Schedule of Investments (Unaudited) (Continued)

iSHARES^® GLOBAL HIGH YIELD CORPORATE BOND ETF

July 31, 2015

Security	Principal (000s)			Value
NGPL PipeCo LLC
7.12%, 12/15/17a,b		USD	100	$	99,250
9.63%, 06/01/19 (Call 08/31/15)a,b		USD	50		49,875
Nielsen Co. Luxembourg Sarl (The)
5.50%, 10/01/21 (Call 10/01/16)a		USD	50		51,125
Nielsen Finance LLC/Nielsen Finance Co.
4.50%, 10/01/20 (Call 10/01/16)b		USD	50		50,875
5.00%, 04/15/22 (Call 04/15/17)a		USD	175		173,250
Noble Energy Inc.
5.63%, 05/01/21		USD	50		52,990
5.88%, 06/01/22		USD	50		53,643
5.88%, 06/01/24		USD	50		54,255
Novelis Inc.
8.38%, 12/15/17 (Call 08/31/15)		USD	100		103,375
8.75%, 12/15/20 (Call 12/15/15)		USD	150		157,875
NRG Energy Inc.
6.25%, 07/15/22 (Call 07/15/18)		USD	100		100,250
6.25%, 05/01/24 (Call 05/01/19)		USD	125		122,500
6.63%, 03/15/23 (Call 09/15/17)		USD	50		50,750
7.63%, 01/15/18		USD	100		108,750
7.88%, 05/15/21 (Call 05/15/16)		USD	100		105,750
8.25%, 09/01/20 (Call 09/01/15)		USD	50		52,125
Nuance Communications Inc.
5.38%, 08/15/20 (Call 08/15/16)a		USD	100		102,000
NuStar Logistics LP
4.80%, 09/01/20		USD	50		49,875
Oasis Petroleum Inc.
6.88%, 03/15/22 (Call 09/15/17)b		USD	125		114,375
7.25%, 02/01/19 (Call 08/31/15)b		USD	50		48,625
Offshore Group Investment Ltd.
7.13%, 04/01/23 (Call 04/01/18)		USD	75		39,412
7.50%, 11/01/19 (Call 11/01/15)		USD	100		53,074
OneMain Financial Holdings Inc.
6.75%, 12/15/19 (Call 12/15/16)a		USD	100		105,000
7.25%, 12/15/21 (Call 12/15/17)a,b		USD	50		52,125
ONEOK Inc.
4.25%, 02/01/22 (Call 11/02/21)		USD	50		47,787
Outfront Media Capital LLC/Outfront Media Capital Corp.
5.25%, 02/15/22 (Call 02/15/17)		USD	25		25,125
5.88%, 03/15/25 (Call 09/15/19)b		USD	100		102,750
Owens-Brockway Glass Container Inc.
5.00%, 01/15/22a		USD	50		50,000
Pacific Drilling SA
5.38%, 06/01/20 (Call 06/01/16)a		USD	100		76,103
Party City Holdings Inc.
8.88%, 08/01/20 (Call 08/31/15)		USD	50		53,750
Peabody Energy Corp.
6.00%, 11/15/18b		USD	125		45,000
6.25%, 11/15/21b		USD	100		28,250
6.50%, 09/15/20		USD	50		13,875
10.00%, 03/15/22 (Call 03/15/18)a,b		USD	85		43,138
Penn Virginia Corp.
8.50%, 05/01/20 (Call 05/01/17)b		USD	50		23,625
Petco Animal Supplies Inc.
9.25%, 12/01/18 (Call 08/31/15)a		USD	50		52,125
Pinnacle Entertainment Inc.
6.38%, 08/01/21 (Call 08/01/16)		USD	65		69,875
7.50%, 04/15/21 (Call 08/31/15)		USD	100		105,875
Platform Specialty Products Corp.
6.50%, 02/01/22 (Call 02/01/18)a		USD	100		103,750
Post Holdings Inc.
6.00%, 12/15/22 (Call 06/15/18)a		USD	50		48,125
6.75%, 12/01/21 (Call 12/01/17)a		USD	50		50,000

Security	Principal (000s)			Value
7.38%, 02/15/22 (Call 02/15/17)		USD	125	$	127,812
QEP Resources Inc.
5.38%, 10/01/22 (Call 07/01/22)		USD	100		93,250
6.88%, 03/01/21		USD	50		50,875
Quicken Loans Inc.
5.75%, 05/01/25 (Call 05/01/20)a,b		USD	85		81,812
QVC Inc.
3.13%, 04/01/19		USD	50		49,750
4.38%, 03/15/23		USD	50		49,051
4.85%, 04/01/24		USD	75		74,745
5.13%, 07/02/22		USD	50		52,026
Range Resources Corp.
4.88%, 05/15/25 (Call 02/15/25)a		USD	50		47,750
5.00%, 08/15/22 (Call 02/15/17)		USD	100		97,500
5.75%, 06/01/21 (Call 06/01/16)		USD	100		100,500
Realogy Group LLC/Realogy Co-Issuer Corp.
4.50%, 04/15/19a		USD	50		50,375
Regal Entertainment Group
5.75%, 03/15/22 (Call 03/15/17)		USD	50		51,375
Rite Aid Corp.
6.13%, 04/01/23 (Call 04/01/18)a		USD	150		155,437
6.75%, 06/15/21 (Call 06/15/16)		USD	100		106,250
9.25%, 03/15/20 (Call 03/15/16)		USD	50		54,125
Rockies Express Pipeline LLC
5.63%, 04/15/20a		USD	75		75,000
6.85%, 07/15/18a		USD	50		52,375
Royal Caribbean Cruises Ltd.
5.25%, 11/15/22		USD	50		51,625
RR Donnelley & Sons Co.
6.00%, 04/01/24		USD	50		50,375
7.88%, 03/15/21b		USD	50		56,500
Sabine Pass Liquefaction LLC
5.63%, 02/01/21 (Call 11/01/20)		USD	200		202,000
5.63%, 04/15/23 (Call 01/15/23)b		USD	100		99,250
5.63%, 03/01/25 (Call 12/01/24)a,b		USD	125		122,656
5.75%, 05/15/24 (Call 02/15/24)		USD	200		199,250
6.25%, 03/15/22 (Call 12/15/21)		USD	100		103,000
Sabine Pass LNG LP
7.50%, 11/30/16		USD	100		104,370
Sally Holdings LLC/Sally Capital Inc.
6.88%, 11/15/19 (Call 11/15/15)		USD	100		104,500
Samson Investment Co.
9.75%, 02/15/20 (Call 02/15/16)		USD	175		18
Sanchez Energy Corp.
6.13%, 01/15/23 (Call 07/15/18)b		USD	150		121,500
SandRidge Energy Inc.
7.50%, 02/15/23 (Call 08/15/17)b		USD	50		14,000
8.75%, 06/01/20 (Call 06/01/17)a		USD	150		116,250
SBA Communications Corp.
4.88%, 07/15/22 (Call 07/15/17)		USD	75		73,875
5.63%, 10/01/19 (Call 10/01/16)		USD	50		52,625
SBA Telecommunications Inc.
5.75%, 07/15/20 (Call 07/15/16)		USD	50		52,063
Scientific Games International Inc.
7.00%, 01/01/22 (Call 01/01/18)a,b		USD	75		78,000
10.00%, 12/01/22 (Call 12/01/18)		USD	175		168,437
Sealed Air Corp.
4.88%, 12/01/22 (Call 09/01/22)a		USD	50		50,125
5.13%, 12/01/24 (Call 09/01/24)a		USD	75		75,375
5.50%, 09/15/25 (Call 06/15/25)a		USD	25		25,563
Sears Holdings Corp.
6.63%, 10/15/18b		USD	100		96,250

33

Schedule of Investments (Unaudited) (Continued)

iSHARES^® GLOBAL HIGH YIELD CORPORATE BOND ETF

July 31, 2015

Security	Principal (000s)			Value
Service Corp. International/U.S.
5.38%, 05/15/24 (Call 05/15/19)		USD	50	$	52,625
ServiceMaster Co. LLC (The)
7.00%, 08/15/20 (Call 08/17/15)		USD	50		52,690
Seventy Seven Energy Inc.
6.50%, 07/15/22 (Call 07/15/17)b		USD	50		26,500
Seventy Seven Operating LLC
6.63%, 11/15/19 (Call 11/15/15)b		USD	50		36,636
Sinclair Television Group Inc.
5.63%, 08/01/24 (Call 08/01/19)a		USD	50		49,125
6.13%, 10/01/22 (Call 10/01/17)		USD	50		51,875
Sirius XM Radio Inc.
4.63%, 05/15/23 (Call 05/15/18)a		USD	50		48,250
5.38%, 04/15/25 (Call 04/15/20)a		USD	100		99,750
5.75%, 08/01/21 (Call 08/01/16)a,b		USD	100		103,750
6.00%, 07/15/24 (Call 07/15/19)a,b		USD	125		130,000
SM Energy Co.
5.00%, 01/15/24 (Call 07/15/18)		USD	100		91,500
5.63%, 06/01/25 (Call 06/01/20)		USD	25		23,656
6.13%, 11/15/22 (Call 11/15/18)		USD	25		24,625
Smithfield Foods Inc.
5.25%, 08/01/18 (Call 08/31/15)a		USD	25		25,469
6.63%, 08/15/22 (Call 08/15/17)		USD	100		106,750
Spectrum Brands Inc.
5.75%, 07/15/25 (Call 07/15/20)a		USD	75		77,437
6.38%, 11/15/20 (Call 11/15/16)		USD	100		106,750
Springleaf Finance Corp.
5.25%, 12/15/19b		USD	50		50,250
6.90%, 12/15/17		USD	150		160,125
7.75%, 10/01/21		USD	50		54,875
Sprint Communications Inc.
6.00%, 12/01/16		USD	150		153,000
6.00%, 11/15/22		USD	150		132,375
7.00%, 03/01/20a,b		USD	100		106,501
7.00%, 08/15/20b		USD	150		140,975
8.38%, 08/15/17		USD	100		105,750
9.00%, 11/15/18a		USD	250		280,625
9.13%, 03/01/17		USD	100		105,875
11.50%, 11/15/21		USD	100		114,000
Sprint Corp.
7.13%, 06/15/24		USD	200		182,500
7.25%, 09/15/21		USD	150		142,875
7.63%, 02/15/25 (Call 11/15/24)		USD	50		46,445
7.88%, 09/15/23b		USD	400		383,000
Standard Pacific Corp.
8.38%, 05/15/18		USD	100		114,250
Steel Dynamics Inc.
5.13%, 10/01/21 (Call 10/01/17)		USD	50		50,000
5.25%, 04/15/23 (Call 04/15/18)		USD	75		73,125
5.50%, 10/01/24 (Call 10/01/19)b		USD	25		24,750
Suburban Propane Partners LP/Suburban Energy Finance Corp.
5.50%, 06/01/24 (Call 06/01/19)		USD	50		49,500
SunGard Data Systems Inc.
6.63%, 11/01/19 (Call 11/01/15)		USD	50		51,625
7.38%, 11/15/18 (Call 08/31/15)		USD	100		103,200
7.63%, 11/15/20 (Call 11/15/15)		USD	50		52,500
Sunoco LP/Sunoco Finance Corp.
5.50%, 08/01/20 (Call 08/01/17)a		USD	50		50,625
6.38%, 04/01/23 (Call 04/01/18)a		USD	50		51,500
SUPERVALU Inc.
6.75%, 06/01/21 (Call 06/01/17)b		USD	50		51,250
T-Mobile USA Inc.
6.00%, 03/01/23 (Call 09/01/18)		USD	100		103,750

Security	Principal (000s)			Value
6.13%, 01/15/22 (Call 01/15/18)		USD	100	$	104,375
6.25%, 04/01/21 (Call 04/01/17)		USD	100		104,750
6.38%, 03/01/25 (Call 09/01/19)		USD	150		156,750
6.46%, 04/28/19 (Call 08/11/15)		USD	150		154,500
6.50%, 01/15/24 (Call 01/15/19)b		USD	50		52,938
6.54%, 04/28/20 (Call 04/28/16)		USD	100		105,000
6.63%, 11/15/20 (Call 11/15/15)		USD	50		52,000
6.63%, 04/28/21 (Call 04/28/17)b		USD	100		106,000
6.63%, 04/01/23 (Call 04/01/18)		USD	150		159,000
6.73%, 04/28/22 (Call 04/28/17)		USD	100		106,000
6.84%, 04/28/23 (Call 04/28/18)		USD	50		53,500
Talen Energy Supply LLC
4.60%, 12/15/21 (Call 09/15/21)		USD	100		89,500
4.63%, 07/15/19 (Call 07/15/16)a		USD	75		72,984
6.50%, 06/01/25 (Call 06/01/20)a		USD	25		24,250
Targa Resources Partners LP/Targa Resources Partners Finance Corp.
4.13%, 11/15/19 (Call 11/15/16)a		USD	100		100,000
4.25%, 11/15/23 (Call 05/15/18)		USD	50		46,250
5.00%, 01/15/18 (Call 10/15/17)a		USD	100		103,000
6.88%, 02/01/21 (Call 02/01/16)		USD	100		104,500
Taylor Morrison Communities Inc./Monarch Communities Inc.
5.25%, 04/15/21 (Call 04/15/16)a		USD	50		49,875
TEGNA Inc.
5.13%, 10/15/19 (Call 10/15/16)		USD	50		51,625
6.38%, 10/15/23 (Call 10/15/18)		USD	100		105,500
Tenet Healthcare Corp.
4.50%, 04/01/21		USD	100		101,000
5.00%, 03/01/19a		USD	75		75,750
5.50%, 03/01/19a		USD	75		76,312
6.00%, 10/01/20		USD	150		163,500
6.25%, 11/01/18		USD	100		109,000
6.75%, 06/15/23a		USD	150		156,750
8.00%, 08/01/20 (Call 08/31/15)		USD	50		52,125
8.13%, 04/01/22b		USD	250		280,625
Terex Corp.
6.00%, 05/15/21 (Call 11/15/16)b		USD	75		75,281
Tesoro Corp.
5.38%, 10/01/22 (Call 10/01/17)		USD	50		51,000
Tesoro Logistics LP/Tesoro Logistics Finance Corp.
5.88%, 10/01/20 (Call 10/01/16)		USD	50		51,750
6.13%, 10/15/21 (Call 10/15/16)		USD	50		51,750
6.25%, 10/15/22 (Call 10/15/18)a		USD	100		104,000
Toll Brothers Finance Corp.
5.88%, 02/15/22 (Call 11/15/21)		USD	100		108,000
Toys R Us Inc.
10.38%, 08/15/17 (Call 08/31/15)b		USD	25		20,250
Toys R Us Property Co. II LLC
8.50%, 12/01/17 (Call 08/31/15)		USD	50		49,625
TransDigm Inc.
6.00%, 07/15/22 (Call 07/15/17)		USD	50		49,813
6.50%, 07/15/24 (Call 07/15/19)		USD	125		124,844
6.50%, 05/15/25 (Call 05/15/20)a		USD	25		24,969
7.50%, 07/15/21 (Call 07/15/16)		USD	100		107,000
Transocean Inc.
3.00%, 10/15/17		USD	50		47,000
4.30%, 10/15/22 (Call 07/15/22)		USD	50		36,000
6.00%, 03/15/18b		USD	75		72,375
6.50%, 11/15/20b		USD	100		86,500
6.88%, 12/15/21b		USD	100		85,000
Tribune Media Co.
5.88%, 07/15/22 (Call 07/15/18)a		USD	75		76,500
Tronox Finance LLC
6.38%, 08/15/20 (Call 08/31/15)		USD	50		40,250

34

Schedule of Investments (Unaudited) (Continued)

iSHARES^® GLOBAL HIGH YIELD CORPORATE BOND ETF

July 31, 2015

Security	Principal (000s)			Value
7.50%, 03/15/22 (Call 03/15/18)a,b		USD	50	$	40,750
U.S. Airways Group Inc.
6.13%, 06/01/18b		USD	50		52,000
U.S. Steel Corp.
7.00%, 02/01/18		USD	50		51,516
7.38%, 04/01/20b		USD	50		48,375
7.50%, 03/15/22 (Call 03/15/17)b		USD	50		47,500
Ultra Petroleum Corp.
6.13%, 10/01/24 (Call 10/01/19)a		USD	100		78,000
United Rentals North America Inc.
4.63%, 07/15/23 (Call 07/15/18)		USD	100		98,375
5.50%, 07/15/25 (Call 07/15/20)b		USD	50		48,000
5.75%, 11/15/24 (Call 05/15/19)b		USD	75		73,781
6.13%, 06/15/23 (Call 12/15/17)		USD	75		77,344
7.38%, 05/15/20 (Call 05/15/16)b		USD	150		159,750
7.63%, 04/15/22 (Call 04/15/17)		USD	100		109,000
Univision Communications Inc.
5.13%, 05/15/23 (Call 05/15/18)a		USD	150		150,750
5.13%, 02/15/25 (Call 02/15/20)a		USD	75		75,094
6.75%, 09/15/22 (Call 09/15/17)a		USD	90		96,750
8.50%, 05/15/21 (Call 11/15/15)a		USD	50		52,688
USG Corp.
6.30%, 11/15/16		USD	100		104,250
Valeant Pharmaceuticals International Inc.
4.50%, 05/15/23 (Call 05/15/18)c		EUR	125		135,689
5.38%, 03/15/20 (Call 03/15/17)a		USD	200		206,000
5.50%, 03/01/23 (Call 03/01/18)a		USD	50		50,875
5.88%, 05/15/23 (Call 05/15/18)a		USD	325		337,187
6.13%, 04/15/25 (Call 04/15/20)a,b		USD	245		256,025
6.38%, 10/15/20 (Call 10/15/16)a		USD	200		210,500
6.75%, 08/15/21 (Call 02/15/16)a		USD	100		104,000
7.00%, 10/01/20 (Call 10/01/15)a		USD	50		52,000
7.25%, 07/15/22 (Call 07/15/16)a		USD	50		52,813
7.50%, 07/15/21 (Call 07/15/16)a		USD	150		162,750
VeriSign Inc.
4.63%, 05/01/23 (Call 05/01/18)		USD	50		48,625
5.25%, 04/01/25 (Call 01/01/25)		USD	50		50,375
Verso Paper Holdings LLC/Verso Paper Inc.
11.75%, 01/15/19 (Call 08/31/15)b		USD	30		13,200
Voya Financial Inc.
5.65%, 05/15/53 (Call 05/15/23)b,d		USD	50		51,000
Vulcan Materials Co.
4.50%, 04/01/25 (Call 01/01/25)		USD	25		24,875
7.50%, 06/15/21		USD	50		57,625
West Corp.
5.38%, 07/15/22 (Call 07/15/17)a,b		USD	100		95,250
Whiting Canadian Holding Co. ULC
8.13%, 12/01/19 (Call 12/01/15)		USD	50		51,375
Whiting Petroleum Corp.
5.00%, 03/15/19 (Call 12/15/18)		USD	100		96,500
5.75%, 03/15/21 (Call 12/15/20)b		USD	100		97,500
6.25%, 04/01/23 (Call 01/01/23)		USD	50		48,750
WideOpenWest Finance LLC/WideOpenWest Capital Corp.
10.25%, 07/15/19 (Call 08/31/15)		USD	75		79,500
Windstream Services LLC
7.50%, 06/01/22 (Call 06/01/17)b		USD	50		41,125
7.50%, 04/01/23 (Call 04/01/16)b		USD	100		81,500
7.75%, 10/15/20 (Call 10/15/15)b		USD	50		45,781
7.75%, 10/01/21 (Call 10/01/16)b		USD	100		84,000
7.88%, 11/01/17		USD	100		101,500
WMG Acquisition Corp.
6.75%, 04/15/22 (Call 04/15/17)a		USD	75		71,625
WPX Energy Inc.

Security	Principal (000s)				Value
5.25%, 09/15/24 (Call 06/15/24)		USD		25	$	21,438
6.00%, 01/15/22 (Call 10/15/21)		USD		100		93,500
7.50%, 08/01/20 (Call 07/01/20)		USD		50		50,500
8.25%, 08/01/23 (Call 06/01/23)b		USD		50		50,750
WR Grace & Co.-Conn
5.13%, 10/01/21a,b		USD		50		50,875
Wynn Las Vegas LLC/Wynn Las Vegas Capital Corp.
4.25%, 05/30/23 (Call 02/28/23)a,b		USD		50		46,000
5.38%, 03/15/22 (Call 03/15/17)		USD		50		50,500
5.50%, 03/01/25 (Call 12/01/24)a		USD		150		144,000
XPO Logistics Inc.
5.75%, 06/15/21 (Call 12/15/17)c		EUR		100		109,656
6.50%, 06/15/22 (Call 06/15/18)a		USD		150		147,562
Zayo Group LLC/Zayo Capital Inc.
6.00%, 04/01/23 (Call 04/01/18)a		USD		95		94,689
Zebra Technologies Corp.
7.25%, 10/15/22 (Call 10/15/17)a,b		USD		100		109,250
						55,792,314
TOTAL CORPORATE BONDS & NOTES
(Cost: $95,108,634)						89,685,644
Security			Shares (000s)		Value
SHORT-TERM INVESTMENTS — 18.66%
MONEY MARKET FUNDS — 18.66%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.18%g,h,i				14,790		14,790,318
BlackRock Cash Funds: Prime, SL Agency Shares
0.17%g,h,i				1,671		1,670,955
BlackRock Cash Funds: Treasury, SL Agency Shares
0.02%g,h				808		807,758
						17,269,031
TOTAL SHORT-TERM INVESTMENTS
(Cost: $17,269,031)						17,269,031
TOTAL INVESTMENTS IN SECURITIES—115.56%
(Cost: $112,377,665)						106,954,675
Other Assets, Less Liabilities — (15.56)%						(14,399,283	)
NET ASSETS — 100.00%					$	92,555,392

CAD	—  Canadian Dollar
EUR	—  Euro
GBP	—  British Pound
USD	—  United States Dollar

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

^b  All or a portion of this security represents a security on loan. See Note 1.

^c  This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933.

^d  Variable rate security. Rate shown is as of report date.

^e  Issuer is in default of interest payments.

^f  Step coupon security. Coupon rate will either increase (step-up bond) or decrease (step-down bond) at regular intervals until maturity. Interest rate shown reflects the rate currently in effect.

^g  Affiliated issuer. See Note 2.

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

ⁱ  All or a portion of this security represents an investment of securities lending collateral. See Note 1.

See accompanying notes to schedules of investments.

35

Notes to Schedules of Investments (Unaudited)

iSHARES^®, INC.

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 Articles of Incorporation as subsequently amended and restated.

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

iShares ETF

Emerging Markets Corporate Bond

Emerging Markets High Yield Bond

Emerging Markets Local Currency Bond

Global ex USD High Yield Corporate Bond

Global High Yield Corporate Bond

1. SIGNIFICANT ACCOUNTING POLICIES

SECURITY VALUATION

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”).

36

Notes to Schedules of Investments (Unaudited) (Continued)

iSHARES^® , INC.

• Fixed income investments are valued at the last available bid price received from independent pricing services. In determining the value of a fixed income investment, pricing services may use certain information with respect to transactions in such investments, quotations from dealers, pricing matrixes, market transactions in comparable investments, various relationships observed in the market between investments, and calculated yield measures.

• Open-end U.S. mutual funds are valued at that day’s published net asset value (“NAV”).

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 NAV and the prices used by the Fund’s underlying index, which in turn could result in a difference between the Fund’s performance and the performance of the Fund’s underlying index.

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:

37

Notes to Schedules of Investments (Unaudited) (Continued)

iSHARES^® , INC.

• Level 1 — Unadjusted quoted prices in active markets for identical assets or liabilities;

• Level 2 — Inputs other than quoted prices included within Level 1 that are observable for the asset or liability either directly or indirectly, including quoted prices for similar assets or liabilities in active markets, quoted prices for identical or similar assets or liabilities in markets that are not considered to be active, inputs other than quoted prices that are observable for the asset or liability (such as exchange rates, financing terms, interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs; and

• Level 3 — Unobservable inputs for the asset or liability, including the Global Valuation Committee’s assumptions used in determining the fair value of investments.

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.

The following table summarizes the value of each of the Funds’ investments according to the fair value hierarchy as of July 31, 2015. The breakdown of each Fund’s investments into major categories is disclosed in its respective schedule of investments.

iShares ETF	Investments
	Level 1		Level 2		Level 3		Total
Emerging Markets Corporate Bond
Investments:
Assets:
Corporate Bonds & Notes	$	—	$	32,379,007	$	—	$	32,379,007
Foreign Government Obligations		—		1,215,981		—		1,215,981
Money Market Funds		1,861,101		—		—		1,861,101
Total	$	1,861,101	$	33,594,988	$	—	$	35,456,089
Emerging Markets High Yield Bond
Investments:
Assets:
Corporate Bonds & Notes	$	—	$	106,932,575	$	—	$	106,932,575
Foreign Government Obligations		—		125,004,328		—		125,004,328
Money Market Funds		2,030,139		—		—		2,030,139
Total	$	2,030,139	$	231,936,903	$	—	$	233,967,042
Emerging Markets Local Currency Bond
Investments:
Assets:
Foreign Government Obligations	$	—	$	567,931,961	$	—	$	567,931,961
Money Market Funds		200,852		—		—		200,852
Total	$	200,852	$	567,931,961	$	—	$	568,132,813

38

Notes to Schedules of Investments (Unaudited) (Continued)

iSHARES^® , INC.

iShares ETF	Investments
	Level 1		Level 2		Level 3		Total
Global ex USD High Yield Corporate Bond
Investments:
Assets:
Corporate Bonds & Notes	$	—	$	233,739,444	$	—	$	233,739,444
Money Market Funds		14,901		—		—		14,901
Total	$	14,901	$	233,739,444	$	—	$	233,754,345
Global High Yield Corporate Bond
Investments:
Assets:
Corporate Bonds & Notes	$	—	$	89,685,644	$	—	$	89,685,644
Money Market Funds		17,269,031		—		—		17,269,031
Total	$	17,269,031	$	89,685,644	$	—	$	106,954,675

FOREIGN CURRENCY TRANSLATION

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.

FEDERAL INCOME TAXES

As of July 31, 2015, gross unrealized appreciation and gross unrealized depreciation based on cost for federal income tax purposes were as follows:

iShares ETF	Tax Cost		Gross Unrealized Appreciation		Gross Unrealized Depreciation			Net Unrealized Appreciation (Depreciation)
Emerging Markets Corporate Bond	$	36,488,780	$	318,606	$	(1,351,297	)	$	(1,032,691	)
Emerging Markets High Yield Bond		249,139,235		3,277,402		(18,449,595	)		(15,172,193	)
Emerging Markets Local Currency Bond		663,671,379		3,201,186		(98,739,752	)		(95,538,566	)
Global ex USD High Yield Corporate Bond		260,151,293		531,223		(26,928,171	)		(26,396,948	)
Global High Yield Corporate Bond		112,378,121		858,525		(6,281,971	)		(5,423,446	)

39

Notes to Schedules of Investments (Unaudited) (Continued)

iSHARES^® , INC.

LOANS OF PORTFOLIO SECURITIES

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 plus the interest accrued on such securities, if any, 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 plus accrued interest, if any. 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. During the term of the loan, each Fund is entitled to all distributions made on or in respect of the loaned securities. Loans of securities are terminable at any time and the borrower, after notice, is required to return borrowed securities within the standard time period for settlement of securities transactions.

Any cash received as collateral for securities on loan 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 BlackRock Fund Advisors (“BFA”), the Funds’ investment adviser, or its affiliates. As of July 31, 2015, any securities on loan were collateralized by cash. The cash collateral received was invested in money market funds managed by BFA and is disclosed in the schedules of investments.

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, Inc. (“BlackRock”). BlackRock’s indemnity allows for full replacement of securities lent. Each Fund could suffer a loss if the value of the investments purchased with cash collateral falls below the value of the cash collateral received.

2. TRANSACTIONS WITH AFFILIATES

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

40

Item 2. Controls and Procedures.

(a) The President (the Registrant’s Principal Executive Officer) and Chief Financial Officer (the Registrant’s Principal Financial Officer) have concluded that, based on their evaluation as of a date within 90 days of the filing date of this report, the disclosure controls and procedures of the Registrant (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) are reasonably designed to achieve the purposes described in Section 4(a) of the certifications filed with this Form N-Q.

(b) There were no changes in the Registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) 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.

(a) Certifications of the President (the Registrant’s Principal Executive Officer) and Chief Financial Officer (the Registrant’s Principal Financial Officer) as required by Rule 30a-2(a) under the Investment Company Act of 1940 are filed with this Form N-Q as exhibits.

SIGNATURES

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.

iShares, Inc.

By:	/s/ Manish Mehta
	Manish Mehta, President (Principal Executive Officer)

Date: September 24, 2015

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/ Manish Mehta
	Manish Mehta, President (Principal Executive Officer)

Date: September 24, 2015

By:	/s/ Jack Gee
	Jack Gee, Treasurer and Chief Financial Officer (Principal Financial Officer)

Date: September 24, 2015

EX-99.CERT

Form N-Q Exhibit for Item 3(a) EX-99.CERT

I, Manish Mehta, certify that:

1. I have reviewed this report on Form N-Q for the following five series of iShares, Inc.: iShares Emerging Markets Corporate Bond ETF, iShares Emerging Markets High Yield Bond ETF, iShares Emerging Markets Local Currency Bond ETF, iShares Global ex USD High Yield Corporate Bond ETF and iShares Global High Yield Corporate Bond ETF;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the Registrant as of the end of the fiscal quarter for which the report is filed;

4. The Registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the Registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the Registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the Registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and

(d) Disclosed in this report any change in the Registrant’s internal control over financial reporting that occurred during the Registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the Registrant’s internal control over financial reporting; and

5. The Registrant’s other certifying officer and I have disclosed to the Registrant’s auditors and the audit committee of the Registrant’s Board of Directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the Registrant’s ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the Registrant’s internal control over financial reporting.

Date:	September 24, 2015	/s/ Manish Mehta	President (Principal Executive Officer)
		Manish Mehta [Signature]	[Title]

Form N-Q Exhibit for Item 3(a) EX-99.CERT

I, Jack Gee, certify that:

1. I have reviewed this report on Form N-Q for the following five series of iShares, Inc.: iShares Emerging Markets Corporate Bond ETF, iShares Emerging Markets High Yield Bond ETF, iShares Emerging Markets Local Currency Bond ETF, iShares Global ex USD High Yield Corporate Bond ETF and iShares Global High Yield Corporate Bond ETF;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the Registrant as of the end of the fiscal quarter for which the report is filed;

4. The Registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the Registrant and have:

(a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the Registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) Evaluated the effectiveness of the Registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and

(d) Disclosed in this report any change in the Registrant’s internal control over financial reporting that occurred during the Registrant’s most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the Registrant’s internal control over financial reporting; and

5. The Registrant’s other certifying officer and I have disclosed to the Registrant’s auditors and the audit committee of the Registrant’s Board of Directors (or persons performing the equivalent functions):

(a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the Registrant’s ability to record, process, summarize and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the Registrant’s internal control over financial reporting.

Date:	September 24, 2015	/s/ Jack Gee	Treasurer and Chief Financial Officer (Principal Financial Officer)
		Jack Gee [Signature]	[Title]