N-Q


Security	Shares		Value
COMMON STOCKS — 95.95%

BRAZIL — 4.34%
AES Tiete Energia SA		748,700	$	3,253,774
Aliansce Shopping Centers SA		477,400		2,087,434
Alupar Investimento SA Units		354,724		1,721,971
Ambev SA		17,451,600		88,483,353
Arezzo Industria e Comercio SA		243,300		1,978,049
B2W Cia. Digital^a		595,151		1,993,514
Banco Bradesco SA		3,178,897		27,385,974
Banco do Brasil SA		3,217,800		27,112,284
Banco Santander Brasil SA Units		1,539,500		12,816,650
BB Seguridade Participacoes SA		2,595,600		21,708,655
BM&FBovespa SA-Bolsa de Valores Mercadorias e Futuros		6,429,200		31,571,031
BR Malls Participacoes SA^a		2,158,270		6,891,150
BR Properties SA		498,006		1,163,118
BRF SA		2,252,200		34,390,578
CCR SA		3,292,600		14,319,038
Centrais Eletricas Brasileiras SA^a		828,800		6,284,914
CETIP SA — Mercados Organizados		842,117		11,043,994
Cia. de Saneamento Basico do Estado de Sao Paulo		1,294,000		11,461,416
Cia. de Saneamento de Minas Gerais-COPASA		189,100		1,905,815
Cia. Siderurgica Nacional SA^a		2,296,000		8,437,333
Cielo SA		3,849,030		33,819,119
Cosan SA Industria e Comercio		489,600		5,714,533
CPFL Energia SA		786,133		5,731,276
CVC Brasil Operadora e Agencia de Viagens SA		229,300		1,612,726
Cyrela Brazil Realty SA Empreendimentos e Participacoes		1,027,800		2,834,996
Duratex SA		1,230,629		2,492,183
EcoRodovias Infraestrutura e Logistica SA		1,054,000		2,461,670
EDP — Energias do Brasil SA		1,139,000		4,774,877
Embraer SA		2,551,500		12,499,144
Engie Brasil Energia SA		596,500		6,322,106
Equatorial Energia SA		756,676		11,742,180
Estacio Participacoes SA		1,037,700		5,147,851
EZ TEC Empreendimentos e Participacoes SA		329,523		1,436,944


Security	Shares		Value
Fibria Celulose SA		968,500	$	8,878,990
Fleury SA		335,500		3,874,244
Gafisa SA		1,715,200		1,059,798
Hypermarcas SA		1,305,000		10,019,468
Iguatemi Empresa de Shopping Centers SA		337,600		2,724,754
Iochpe Maxion SA		356,500		1,393,327
JBS SA		2,704,400		7,803,383
JSL SA		401,200		1,150,522
Klabin SA Units		2,123,300		10,652,595
Kroton Educacional SA		5,225,756		22,324,368
Light SA		345,100		1,528,336
Linx SA		469,700		2,450,911
Localiza Rent A Car SA		611,135		6,262,214
Lojas Americanas SA		695,310		2,649,681
Lojas Renner SA		2,410,700		16,021,444
M. Dias Branco SA		140,000		4,842,572
Magnesita Refratarios SA^a		244,660		1,664,339
Marfrig Global Foods SA^a		1,145,200		2,204,066
Minerva SA^a		514,700		1,864,028
MRV Engenharia e Participacoes SA		1,162,900		3,974,316
Multiplan Empreendimentos Imobiliarios SA		316,400		5,437,497
Multiplus SA		225,300		2,325,935
Natura Cosmeticos SA		655,000		5,073,466
Odontoprev SA		1,136,800		3,932,168
Petroleo Brasileiro SA^a		11,057,000		60,376,287
Porto Seguro SA		466,700		3,948,841
Qualicorp SA		896,700		4,864,581
Raia Drogasil SA		887,600		16,922,786
Rumo Logistica Operadora Multimodal SA^a		3,050,300		5,735,376
Sao Martinho SA		218,300		3,476,020
SLC Agricola SA		339,100		1,465,674
Smiles SA		265,500		3,755,854
Sonae Sierra Brasil SA		208,600		1,134,735
Sul America SA		745,189		4,135,166
TIM Participacoes SA		2,918,800		7,162,170
TOTVS SA		512,000		3,255,911
Ultrapar Participacoes SA		1,365,300		27,891,273
Vale SA		4,945,800		41,028,573
Valid Solucoes e Servicos de Seguranca em Meios de Pagamento e Identificacao SA		316,800		2,396,722


Security	Shares		Value
WEG SA		2,148,260	$	9,888,665

				740,150,706
CHILE — 1.12%
AES Gener SA		9,023,144		3,177,975
Aguas Andinas SA Series A		9,888,549		6,197,735
Banco de Chile		95,901,291		10,876,080
Banco de Credito e Inversiones		145,157		7,273,702
Banco Santander Chile		244,535,177		13,261,324
Cencosud SA		5,380,790		15,864,556
Cia. Cervecerias Unidas SA		510,722		5,139,849
Cia. Sud Americana de Vapores SA^a		73,607,274		1,695,138
Colbun SA		31,628,475		6,062,536
Empresa Nacional de Telecomunicaciones SA^a		553,828		5,893,428
Empresas CMPC SA		4,549,199		9,368,761
Empresas COPEC SA		1,730,495		16,795,610
Endesa Americas SA		13,050,749		5,715,338
Enel Chile SA		75,990,021		7,178,435
Enel Generacion Chile SA		12,675,398		7,935,377
Enersis Americas SA		77,213,513		12,612,516
Engie Energia Chile SA		2,297,880		3,690,674
Inversiones Aguas Metropolitanas SA		2,008,772		3,421,225
Inversiones La Construccion SA		211,194		2,614,155
Itau CorpBanca		588,963,608		4,812,867
LATAM Airlines Group SA^a		1,088,863		9,614,124
Parque Arauco SA		2,529,803		5,794,059
SACI Falabella		2,230,900		17,631,087
SalfaCorp SA		2,728,399		2,030,946
SONDA SA		1,995,203		3,859,675
Vina Concha y Toro SA		1,687,448		2,701,471

				191,218,643
CHINA — 26.91%
21Vianet Group Inc. ADR^a		180,000		1,413,000
361 Degrees International Ltd.		4,434,000		1,766,363
3SBio Inc.^a,b,c		4,081,000		4,340,566
500.com Ltd. ADR^a,b		128,111		1,780,743
51job Inc. ADR^a		96,776		3,422,967
58.com Inc. ADR^a,b		309,494		9,925,473
AAC Technologies Holdings Inc.		2,800,500		25,345,362
Agile Property Holdings Ltd.		6,958,500		3,893,419
Agricultural Bank of China Ltd. Class H		91,245,000		38,231,227


Security	Shares		Value
AGTech Holdings Ltd.^a,b		12,188,000	$	2,356,945
Air China Ltd. Class H		6,544,000		4,488,288
Ajisen (China) Holdings Ltd.		4,637,000		1,942,881
Alibaba Group Holding Ltd. ADR^a,b		4,204,476		395,304,834
Alibaba Health Information Technology Ltd.^a		12,924,000		7,231,235
Alibaba Pictures Group Ltd.^a,b		46,440,000		8,920,810
Aluminum Corp. of China Ltd. Class H^a,b		16,252,000		7,249,511
Anhui Conch Cement Co. Ltd. Class H		4,603,500		13,323,867
Anhui Expressway Co. Ltd. Class H		1,886,000		1,546,410
ANTA Sports Products Ltd.		3,832,000		11,239,130
APT Satellite Holdings Ltd.		2,191,000		1,189,187
Asia Cement China Holdings Corp.		2,418,500		586,178
AVIC International Holding HK Ltd.^a,b		22,452,000		1,505,165
AviChina Industry & Technology Co. Ltd. Class H		8,246,000		5,708,782
Baidu Inc.^a		1,016,508		169,706,011
Bank of China Ltd. Class H		294,630,000		134,084,160
Bank of Communications Co. Ltd. Class H		32,489,000		24,963,669
Beijing Capital International Airport Co. Ltd. Class H		6,016,000		5,933,283
Beijing Capital Land Ltd. Class H		4,336,000		1,693,783
Beijing Enterprises Holdings Ltd.		1,961,500		9,053,096
Beijing Enterprises Medical & Health Group Ltd.^a		29,964,000		1,603,148
Beijing Enterprises Water Group Ltd.		16,622,000		12,021,868
Beijing Tong Ren Tang Chinese Medicine Co. Ltd.		1,998,000		2,761,316
Belle International Holdings Ltd.		23,858,000		13,687,365
Biostime International Holdings Ltd.^a,b		835,000		2,728,916
Bitauto Holdings Ltd. ADR^a,b		117,204		2,642,950
Bosideng International Holdings Ltd.^b		20,502,000		1,929,500
Brilliance China Automotive Holdings Ltd.		11,516,000		16,123,424
Byd Co. Ltd. Class H^b		2,388,000		14,377,289


Security	Shares		Value
BYD Electronic International Co. Ltd.		3,037,000	$	2,701,592
C C Land Holdings Ltd.		8,005,000		2,239,478
Carnival Group International Holdings Ltd.^a,b		22,987,000		2,785,710
Central China Securities Co. Ltd. Class H		5,040,000		2,975,924
Century Sunshine Group Holdings Ltd.		3,768,625		143,328
CGN Power Co. Ltd. Class H^c		38,392,000		11,532,473
Chaowei Power Holdings Ltd.		3,187,000		2,917,200
Cheetah Mobile Inc. ADR^a,b		128,134		1,301,841
China Aerospace International Holdings Ltd.		13,792,000		1,795,868
China Agri-Industries Holdings Ltd.^a		8,878,200		3,571,127
China Aircraft Leasing Group Holdings Ltd.^b		1,521,500		1,828,158
China Animal Healthcare Ltd.^a,b		1,237,000		49,501
China Aoyuan Property Group Ltd.		8,947,000		2,064,697
China BlueChemical Ltd. Class H		9,312,000		2,136,923
China Cinda Asset Management Co. Ltd. Class H		32,914,000		11,881,315
China CITIC Bank Corp. Ltd. Class H		32,444,000		21,164,632
China Coal Energy Co. Ltd. Class H^a		8,013,000		4,039,222
China Communications Construction Co. Ltd. Class H		16,565,000		19,860,958
China Communications Services Corp. Ltd. Class H		10,392,000		6,122,674
China Conch Venture Holdings Ltd.^b		5,429,500		10,009,714
China Construction Bank Corp. Class H		314,394,000		234,276,050
China Datang Corp. Renewable Power Co. Ltd. Class H^a		14,898,000		1,402,092
China Dongxiang Group Co. Ltd.		16,420,000		3,281,185
China Electronics Corp. Holdings Co. Ltd.^b		6,312,000		1,505,444
China Everbright Bank Co. Ltd. Class H		11,430,000		5,422,753
China Everbright International Ltd.^b		9,653,000		11,698,117


Security	Shares		Value
China Everbright Ltd.		3,662,000	$	7,393,259
China Everbright Water Ltd.		3,310,100		1,132,330
China Evergrande Group^b		15,268,000		10,432,390
China Fiber Optic Network System Group Ltd.^a		10,394,800		938,080
China First Capital Group Ltd.^a		18,000		28,218
China Foods Ltd.		4,340,000		1,891,177
China Galaxy Securities Co. Ltd. Class H		11,083,500		11,002,553
China Gas Holdings Ltd.		6,598,000		8,727,412
China Huarong Asset Management Co. Ltd.^a,c		15,142,000		6,090,650
China Huishan Dairy Holdings Co. Ltd.^b		16,475,000		6,159,553
China Huiyuan Juice Group Ltd.^a		3,731,500		1,433,592
China Innovationpay Group Ltd.^a		22,564,000		1,832,662
China Jinmao Holdings Group Ltd.		14,996,000		4,021,282
China Lesso Group Holdings Ltd.		4,902,000		3,545,373
China Life Insurance Co. Ltd. Class H		27,896,000		81,098,773
China Lilang Ltd.		3,162,000		1,858,885
China Logistics Property Holdings Co. Ltd.^a		100,000		47,185
China Longyuan Power Group Corp. Ltd.		11,952,000		9,353,089
China LotSynergy Holdings Ltd.^a,b		46,780,000		1,718,822
China Lumena New Materials Corp.^a,b		2,584,000		24,252
China Maple Leaf Educational Systems Ltd.^b		3,322,000		2,107,126
China Medical System Holdings Ltd.		5,145,000		8,583,125
China Mengniu Dairy Co. Ltd.		10,372,000		21,261,086
China Merchants Bank Co. Ltd. Class H		14,501,464		35,820,625
China Merchants Land Ltd.^b		8,142,000		1,333,094
China Merchants Port Holdings Co. Ltd.^b		4,916,000		12,346,010
China Metal Recycling Holdings Ltd.^a		62,400		—
China Minsheng Banking Corp. Ltd. Class H		22,097,600		24,956,002
China Mobile Ltd.		22,924,000		250,174,573


Security	Shares		Value
China Modern Dairy Holdings Ltd.^a,b		10,418,000	$	2,766,798
China National Building Material Co. Ltd. Class H		10,892,000		5,504,521
China National Materials Co. Ltd. Class H		5,431,000		1,309,324
China New Town Development Co. Ltd.^a		27,500		1,525
China Ocean Industry Group Ltd.^a,b		66,755,000		2,048,267
China Oil and Gas Group Ltd.^a,b		28,208,000		2,181,973
China Oilfield Services Ltd. Class H		6,984,000		6,617,857
China Overseas Grand Oceans Group Ltd.^a		6,320,000		2,354,728
China Overseas Land & Investment Ltd.		14,232,000		41,099,805
China Pacific Insurance Group Co. Ltd. Class H		9,715,600		37,764,414
China Petroleum & Chemical Corp. Class H		95,164,200		66,496,485
China Power International Development Ltd.		12,483,000		4,618,774
China Power New Energy Development Co. Ltd. New		2,334,500		1,381,441
China Railway Construction Corp. Ltd. Class H		7,426,000		10,550,240
China Railway Group Ltd. Class H		14,974,000		13,513,308
China Regenerative Medicine International Ltd.^a,b		59,415,000		2,068,167
China Resources Beer Holdings Co. Ltd.^a,b		6,276,000		13,285,622
China Resources Gas Group Ltd.^b		3,410,000		10,111,324
China Resources Land Ltd.		10,265,777		24,934,377
China Resources Power Holdings Co. Ltd.		7,196,000		11,837,708
China SCE Property Holdings Ltd.		10,144,200		3,361,064
China Shanshui Cement Group Ltd.^a,b		3,521,000		226,967
China Shenhua Energy Co. Ltd. Class H		12,733,500		26,364,476
China Shineway Pharmaceutical Group Ltd.		2,362,000		2,527,457
China Singyes Solar Technologies Holdings Ltd.		3,324,000		1,598,437


Security	Shares		Value
China South City Holdings Ltd.		3,300,000	$	765,795
China Southern Airlines Co. Ltd. Class H		6,920,000		3,970,013
China State Construction International Holdings Ltd.		6,882,000		11,125,973
China Suntien Green Energy Corp. Ltd. Class H		10,825,000		1,451,400
China Taiping Insurance Holdings Co. Ltd.^a		6,258,908		14,330,698
China Telecom Corp. Ltd. Class H		51,498,000		24,897,024
China Traditional Chinese Medicine Holdings Co. Ltd.^b		8,540,000		4,271,844
China Travel International Investment Hong Kong Ltd.^b		11,784,000		3,448,612
China Unicom Hong Kong Ltd.		22,614,000		27,463,387
China Vanke Co. Ltd. Class H		4,924,087		15,108,748
China Water Affairs Group Ltd.		4,594,000		3,287,076
China Yurun Food Group Ltd.^a,b		9,143,000		1,438,051
China ZhengTong Auto Services Holdings Ltd.^b		5,007,500		1,497,734
Chinasoft International Ltd.^a,b		8,060,000		4,021,349
Chongqing Changan Automobile Co. Ltd. Class B		3,261,367		4,919,391
Chongqing Rural Commercial Bank Co. Ltd. Class H		9,852,000		6,147,458
CIFI Holdings Group Co. Ltd.^b		12,958,000		3,842,303
CIMC Enric Holdings Ltd.^b		4,460,000		1,983,717
CITIC Ltd.		16,257,000		25,024,796
CITIC Resources Holdings Ltd.^a,b		14,076,000		1,869,142
CITIC Securities Co. Ltd. Class H		7,998,500		18,726,223
CNOOC Ltd.		66,369,000		83,681,592
Cogobuy Group^a,b,c		2,572,000		3,912,720
Colour Life Services Group Co. Ltd.		2,192,000		1,582,539
Comba Telecom Systems Holdings Ltd.^b		10,371,524		1,898,702
Concord New Energy Group Ltd.		34,000,000		1,775,251
Coolpad Group Ltd.^a		15,708,000		1,721,336
COSCO International Holdings Ltd.^b		3,844,000		1,883,184
COSCO SHIPPING Ports Ltd.		6,274,000		6,567,897
Country Garden Holdings Co. Ltd.^b		22,316,733		12,486,656
CPMC Holdings Ltd.		3,211,000		1,552,378


Security	Shares		Value
Credit China FinTech Holdings Ltd.^a,b		44,904,000	$	4,862,842
CRRC Corp. Ltd. Class H		14,920,750		14,734,833
CSPC Pharmaceutical Group Ltd.		16,160,000		17,354,502
CT Environmental Group Ltd.^b		10,434,000		2,515,465
Ctrip.com International Ltd.^a,b		1,393,560		63,030,719
Dah Chong Hong Holdings Ltd.^b		4,810,000		1,922,351
Dawnrays Pharmaceutical Holdings Ltd.^b		2,980,000		1,821,044
Dazhong Transportation Group Co. Ltd. Class B		3,413,350		2,433,719
Digital China Holdings Ltd.^b		4,509,000		3,580,855
Dongfeng Motor Group Co. Ltd. Class H		10,158,000		10,332,633
Dongjiang Environmental Co. Ltd. Class H^b		980,500		1,754,538
Dongyue Group Ltd.^a		5,746,000		862,643
Eastern Communications Co. Ltd. Class B		1,763,400		1,303,153
ENN Energy Holdings Ltd.		2,890,000		13,301,232
Fang Holdings Ltd. ADR^a,b		1,120,740		3,283,768
Fantasia Holdings Group Co. Ltd.^b		12,489,000		1,690,607
Far East Horizon Ltd.		8,154,000		7,369,101
FDG Electric Vehicles Ltd.^a,b		55,795,000		2,733,409
First Tractor Co. Ltd. Class H		2,940,000		1,717,004
Fosun International Ltd.^b		9,805,500		14,537,623
Fu Shou Yuan International Group Ltd.		750,000		473,787
Fufeng Group Ltd.		5,313,400		2,431,793
Fullshare Holdings Ltd.		24,540,000		13,066,233
Fuyao Glass Industry Group Co. Ltd.^c		1,648,800		5,016,557
GCL-Poly Energy Holdings Ltd.^b		52,486,000		7,037,244
Geely Automobile Holdings Ltd.^b		20,550,000		21,247,704
GF Securities Co. Ltd. Class H		5,032,200		11,781,472
Glorious Property Holdings Ltd.^a,b		13,853,000		2,089,563
Golden Eagle Retail Group Ltd.^b		2,791,000		4,008,398
GOME Electrical Appliances Holding Ltd.^b		49,700,000		6,471,479
Great Wall Motor Co. Ltd. Class H		11,589,000		10,906,732
Greatview Aseptic Packaging Co. Ltd.		5,777,000		3,068,495
Greentown China Holdings Ltd.^a,b		2,889,500		2,376,672
Guangdong Investment Ltd.		10,948,000		15,328,174


Security	Shares		Value
Guangdong Land Holdings Ltd.^a		5,000,000	$	1,121,618
Guangzhou Automobile Group Co. Ltd. Class H		8,106,000		10,617,594
Guangzhou R&F Properties Co. Ltd. Class H		3,715,200		4,722,641
Haier Electronics Group Co. Ltd.		4,823,000		8,045,950
Haitian International Holdings Ltd.		2,740,000		5,475,302
Haitong Securities Co. Ltd. Class H		11,373,600		21,935,894
Hanergy Thin Film Power Group Ltd.^a		8,046		—
Hangzhou Steam Turbine Co. Ltd. Class B^a		1,497,700		1,652,816
Harbin Electric Co. Ltd. Class H		3,820,000		1,812,329
HC International Inc.^a,b		2,714,000		1,976,897
Hengan International Group Co. Ltd.^b		2,726,000		21,455,435
Hengdeli Holdings Ltd.^a		13,730,800		1,575,476
HengTen Networks Group Ltd.^a		81,620,000		7,155,357
Hi Sun Technology (China) Ltd.^a		11,232,000		1,795,579
Hisense Kelon Electrical Holdings Co. Ltd. Class H		1,905,000		1,662,683
Hopson Development Holdings Ltd.		2,818,000		2,579,438
Hua Han Health Industry Holdings Ltd. Class H^b		22,424,288		1,532,217
Hua Hong Semiconductor Ltd.^b,c		1,802,000		2,079,235
Huabao International Holdings Ltd.^a		8,791,000		3,717,388
Huadian Fuxin Energy Corp. Ltd. Class H		3,942,000		889,366
Huaneng Power International Inc. Class H		15,304,000		9,588,861
Huaneng Renewables Corp. Ltd. Class H		15,774,000		5,084,025
Huangshi Dongbei Electrical Appliance Co. Ltd. Class B^a		786,300		1,447,578
Huatai Securities Co. Ltd. Class H^c		5,527,800		12,699,477
iKang Healthcare Group Inc. ADR^a,b		231,046		3,544,246
IMAX China Holding Inc.^a,b,c		496,600		2,404,044
Industrial & Commercial Bank of China Ltd. Class H		274,807,000		168,285,697


Security	Shares		Value
Inner Mongolia Yitai Coal Co. Ltd. Class B		4,710,216	$	4,484,126
Intime Retail Group Co. Ltd.^b		6,485,000		5,334,042
JA Solar Holdings Co. Ltd. ADR^a,b		250,105		1,360,571
JD.com Inc. ADR^a,b		2,505,083		67,311,580
Jiangsu Expressway Co. Ltd. Class H		4,772,000		6,361,313
Jiangxi Copper Co. Ltd. Class H		5,089,000		7,781,135
JinkoSolar Holding Co. Ltd.^a,b		111,082		1,570,699
Ju Teng International Holdings Ltd.^b		4,928,000		1,677,260
Jumei International Holding Ltd. ADR^a		334,593		1,562,549
K Wah International Holdings Ltd.		5,898,000		3,033,915
Kama Co. Ltd.^a		1,359,900		1,510,849
Kingboard Chemical Holdings Ltd.^b		2,880,700		8,077,614
Kingboard Laminates Holdings Ltd.		4,446,000		3,937,785
Kingdee International Software Group Co. Ltd.^a,b		8,464,000		3,666,408
Kingsoft Corp. Ltd.^b		3,043,000		6,834,015
Konka Group Co. Ltd. Class B^a		3,091,300		1,159,738
Kunlun Energy Co. Ltd.^b		12,666,000		9,258,665
KWG Property Holding Ltd.		4,685,500		2,633,712
Lao Feng Xiang Co. Ltd. Class B		918,717		3,182,436
Launch Tech Co. Ltd.^a		1,034,500		1,112,301
Lee & Man Paper Manufacturing Ltd.		6,387,000		4,907,598
Lenovo Group Ltd.^b		26,866,000		16,659,958
Leyou Technologies Holdings Ltd.^a,b		11,600,000		2,303,056
Li Ning Co. Ltd.^a,b		6,060,500		4,461,392
Lianhua Supermarket Holdings Co. Ltd. Class H^a		3,133,000		1,474,277
Lifetech Scientific Corp.^a,b		9,248,000		2,372,612
Livzon Pharmaceutical Group Inc. Class H^b		401,770		2,587,252
Longfor Properties Co. Ltd.		5,740,500		7,378,544
Lonking Holdings Ltd.		13,416,000		2,663,603
Luthai Textile Co. Ltd. Class B		1,642,592		2,073,186
Luye Pharma Group Ltd.		5,675,500		3,804,813
MIE Holdings Corp.^a		9,278,000		909,063
MMG Ltd.^a,b		6,760,000		1,899,892


Security	Shares		Value
NetDragon Websoft Holdings Ltd.^b		758,000	$	2,394,204
Netease Inc.		299,569		67,133,413
New China Life Insurance Co. Ltd. Class H		2,995,700		15,158,764
New Oriental Education & Technology Group Inc. ADR^a		514,370		25,805,943
New World Department Store China Ltd.^a		9,599,000		1,336,520
Nexteer Automotive Group Ltd.		3,587,000		4,494,935
Nine Dragons Paper (Holdings) Ltd.		6,497,000		5,704,082
Noah Holdings Ltd. ADR^a,b		120,828		2,971,161
North Mining Shares Co. Ltd.^a,b		57,310,000		1,233,879
NQ Mobile Inc. ADR^a,b		419,921		1,574,704
Parkson Retail Group Ltd.^b		13,500,000		1,392,354
PAX Global Technology Ltd.^b		3,537,000		2,371,178
People’s Insurance Co. Group of China Ltd. (The) Class H		26,629,000		11,226,087
PetroChina Co. Ltd. Class H		78,208,000		53,135,846
Phoenix Healthcare Group Co. Ltd.^b		2,483,500		3,893,351
Phoenix Satellite Television Holdings Ltd.^b		11,240,000		2,202,600
PICC Property & Casualty Co. Ltd. Class H		17,131,360		28,711,838
Ping An Insurance Group Co. of China Ltd. Class H		19,525,500		107,990,428
Poly Property Group Co. Ltd.^a,b		8,675,000		2,706,516
Qinqin Foodstuffs Group Cayman Co. Ltd.^a		1,714,600		548,202
Qunar Cayman Islands Ltd. ADR^a,b		147,872		4,440,596
Renhe Commercial Holdings Co. Ltd.^a,b		73,564,000		1,896,798
Renren Inc.^a,b		587,675		1,128,336
Road King Infrastructure Ltd.^b		2,619,000		2,211,580
Sany Heavy Equipment International Holdings Co. Ltd.^a,b		8,297,000		1,444,045
Seaspan Corp.		202,892		1,819,941
Semiconductor Manufacturing International Corp.^a,b		107,904,000		14,606,718
Shandong Airlines Co. Ltd. Class B		771,900		1,729,564


Security	Shares		Value
Shandong Chenming Paper Holdings Ltd. Class H		2,130,500	$	2,114,940
Shandong Luoxin Pharmaceutical Group Stock Co. Ltd. Class H		814,000		1,097,696
Shandong Weigao Group Medical Polymer Co. Ltd. Class H		7,548,000		5,215,819
Shang Gong Group Co. Ltd. Class B^a		1,425,500		1,610,815
Shanghai Baosight Software Co. Ltd. Class B		1,178,300		2,032,568
Shanghai Chlor-Alkali Chemical Co. Ltd. Class B^a		2,357,900		1,850,952
Shanghai Electric Group Co. Ltd. Class H^a		11,216,000		5,407,984
Shanghai Fosun Pharmaceutical Group Co. Ltd. Class H		1,561,500		4,911,992
Shanghai Greencourt Investment Group Co. Ltd. Class B^a		2,513,100		1,625,976
Shanghai Haixin Group Co. Class B		2,052,600		1,791,920
Shanghai Industrial Holdings Ltd.		1,988,000		5,600,072
Shanghai Industrial Urban Development Group Ltd.		9,264,000		2,579,753
Shanghai Jin Jiang International Hotels Group Co. Ltd. Class H		6,012,000		1,674,166
Shanghai Jinjiang International Industrial Investment Co. Ltd. Class B		845,600		1,281,084
Shanghai Jinjiang International Travel Co. Ltd. Class B		401,900		1,475,375
Shanghai Lingyun Industries Development Co. Ltd. Class B^a		1,204,195		1,342,677
Shanghai Lujiazui Finance & Trade Zone Development Co. Ltd. Class B		3,536,899		5,499,878
Shanghai Pharmaceuticals Holding Co. Ltd. Class H		2,692,900		6,735,158
Shanghai Potevio Co. Ltd. Class B^a		707,000		1,027,271
Shanghai Shibei Hi-Tech Co. Ltd. Class B		1,186,800		1,329,216
Shenzhen Expressway Co. Ltd. Class H		3,138,000		3,013,943
Shenzhen International Holdings Ltd.		4,018,750		5,916,746


Security	Shares		Value
Shenzhen Investment Ltd.		11,926,000	$	5,196,816
Shenzhou International Group Holdings Ltd.^b		2,155,000		13,252,306
Shimao Property Holdings Ltd.		4,459,000		5,829,096
Shougang Concord International Enterprises Co. Ltd.^a,b		48,584,000		1,722,470
Shougang Fushan Resources Group Ltd.		11,716,000		2,522,445
Shui On Land Ltd.		14,512,666		3,442,634
Sihuan Pharmaceutical Holdings Group Ltd.		19,431,000		5,260,660
Sina Corp.^a,b		215,572		16,611,978
Sino Biopharmaceutical Ltd.		17,256,000		11,835,254
Sino Oil And Gas Holdings Ltd.^a,b		57,615,000		1,389,002
Sino-Ocean Group Holding Ltd.		11,836,000		5,050,784
Sinofert Holdings Ltd.^b		13,054,000		1,800,749
Sinolink Worldwide Holdings Ltd.^a,b		11,460,000		1,359,247
Sinopec Engineering Group Co. Ltd. Class H		4,929,000		4,257,547
Sinopec Kantons Holdings Ltd.		5,036,000		2,252,895
Sinopec Shanghai Petrochemical Co. Ltd. Class H		13,479,000		7,089,958
Sinopharm Group Co. Ltd. Class H		4,510,400		21,049,871
Sinosoft Technology Group Ltd.^b		3,772,600		1,770,386
Sinotrans Ltd. Class H		8,202,000		4,102,771
Sinotrans Shipping Ltd.^a,b		10,510,000		2,276,344
Skyworth Digital Holdings Ltd.^b		7,574,000		4,755,324
SMI Holdings Group Ltd.^b		26,468,000		2,525,100
SOHO China Ltd.^b		8,567,000		4,539,378
Sohu.com Inc.^a,b		130,502		4,519,284
SSY Group Ltd.^b		9,728,411		3,273,469
Sun Art Retail Group Ltd.^b		9,459,500		8,024,535
Sunac China Holdings Ltd.^b		7,291,000		5,536,409
Sunny Optical Technology Group Co. Ltd.		2,728,000		13,733,816
Superb Summit International Group Ltd.^a,b		6,035,000		56,641
TAL Education Group Class A ADR^a,b		170,415		13,041,860
Tarena International Inc. ADR		105,000		1,762,950
TCL Multimedia Technology Holdings Ltd.^a,b		2,932,000		1,436,393
Technovator International Ltd.^b		3,904,000		1,600,526


Security	Shares		Value
Tencent Holdings Ltd.		21,268,200	$	531,112,057
Tian Ge Interactive Holdings Ltd.^b,c		2,264,000		1,713,327
Tianjin Capital Environmental Protection Group Co. Ltd. Class H		2,000,000		1,137,089
Tianjin Development Holdings Ltd.		4,282,000		2,268,894
Tianjin Port Development Holdings Ltd.		12,458,000		1,975,510
Tianneng Power International Ltd.		2,966,000		2,646,080
Tibet Water Resources Ltd.		8,093,000		3,234,425
Tingyi Cayman Islands Holding Corp.^b		7,708,000		9,162,172
Tong Ren Tang Technologies Co. Ltd. Class H		2,658,000		5,064,717
Tongda Group Holdings Ltd.^b		14,110,000		4,147,512
Towngas China Co. Ltd.^b		4,804,000		2,489,745
TravelSky Technology Ltd. Class H		3,655,000		7,661,851
Tsingtao Brewery Co. Ltd. Class H		1,408,000		5,554,563
Tuniu Corp. ADR^a,b		173,954		1,579,502
United Photovoltaics Group Ltd.^a,b		22,878,000		1,946,650
Vinda International Holdings Ltd.		1,133,000		2,153,045
Vipshop Holdings Ltd. ADR^a,b		1,525,044		17,110,994
Viva China Holdings Ltd.^a,b		14,056,000		1,286,607
Want Want China Holdings Ltd.^b		21,616,000		13,794,512
Wasion Group Holdings Ltd.^b		2,618,000		1,650,457
Weibo Corp. ADR^a		128,222		6,579,071
Weichai Power Co. Ltd. Class H		3,896,000		6,278,484
Weiqiao Textile Co. Class H		2,255,000		1,462,313
Welling Holding Ltd.^b		9,226,000		1,807,935
West China Cement Ltd.^a,b		13,434,000		1,368,227
Wisdom Sports Group^a,b		3,866,000		1,335,742
Xiamen International Port Co. Ltd. Class H		7,422,000		1,521,402
Xingda International Holdings Ltd.		5,835,000		2,369,612
Xinhua Winshare Publishing and Media Co. Ltd. Class H^a		2,127,000		2,163,567
Xinyi Solar Holdings Ltd.^b		11,382,000		3,888,573
XTEP International Holdings Ltd.		3,770,000		1,691,400
Yanchang Petroleum International Ltd.^a		36,140,000		1,034,349


Security	Shares		Value
Yanzhou Coal Mining Co. Ltd. Class H		7,636,000	$	5,335,695
Yingde Gases Group Co. Ltd.		5,386,500		2,124,975
Yuanda China Holdings Ltd.^a		5,106,000		118,489
YuanShengTai Dairy Farm Ltd.^a,b		24,164,000		2,180,684
Yuexiu Property Co. Ltd.		28,576,880		4,236,805
Yuexiu REIT^b		6,202,000		3,470,142
Yuexiu Transport Infrastructure Ltd.^b		4,080,000		2,777,281
Yum China Holdings Inc.^a		1,476,199		41,510,716
Yuxing InfoTech Investment Holdings Ltd.^a,b		4,496,000		1,066,522
Yuzhou Properties Co. Ltd.		9,235,400		3,357,613
YY Inc. ADR^a		117,818		5,097,985
Zhaojin Mining Industry Co. Ltd. Class H^b		3,533,500		3,216,145
Zhejiang Expressway Co. Ltd. Class H		5,436,000		5,809,781
Zhonglu Co. Ltd. Class B		465,800		946,506
Zhongsheng Group Holdings Ltd.^b		3,070,500		2,850,148
Zhuzhou CRRC Times Electric Co. Ltd. Class H		2,084,000		11,311,120
Zijin Mining Group Co. Ltd. Class H		21,562,000		7,227,502
ZTE Corp. Class H		2,927,640		4,755,695

				4,593,731,439
COLOMBIA — 0.26%
Almacenes Exito SA		156,134		730,585
Cementos Argos SA		1,924,016		6,887,529
Corp. Financiera Colombiana SA		458,853		5,288,108
Ecopetrol SA^a		19,166,983		8,278,757
Grupo Argos SA/Colombia		1,114,933		6,574,171
Grupo de Inversiones Suramericana SA		956,305		11,108,673
Interconexion Electrica SA ESP		1,642,735		5,321,574

				44,189,397
CZECH REPUBLIC — 0.17%
CEZ AS		604,653		9,820,694
Komercni Banka AS		315,130		10,428,088
Moneta Money Bank AS^a,c		1,573,270		5,137,707
Pegas Nonwovens SA^b		61,797		1,901,770


Security	Shares		Value
Philip Morris CR AS		4,500	$	2,227,406

				29,515,665
EGYPT — 0.13%
Commercial International Bank Egypt SAE		2,530,343		9,796,805
Egyptian Financial Group-Hermes Holding Co.^a		1,450,454		1,632,016
Ezz Steel^a		791,301		515,959
Global Telecom Holding SAE^a		6,408,004		2,159,434
Global Telecom Holding SAE GDR^a		1,835,166		3,156,486
Juhayna Food Industries		1,184,159		393,054
Orascom Telecom Media And Technology Holding SAE^a		9,784,899		500,943
Orascom Telecom Media And Technology Holding SAE GDR^a		25,000		9,500
Palm Hills Developments SAE		4,371,893		767,387
Pioneers Holding For Financial Investments SAE^a		1,278,569		862,450
Six of October Development & Investment^a		997,636		890,155
South Valley Cement^a		1,748,280		549,811
Talaat Moustafa Group		2,977,305		1,452,221

				22,686,221
GREECE — 0.40%
Alpha Bank AE^a		5,207,348		10,495,512
Athens Water Supply & Sewage Co. SA		154,780		899,764
Eurobank Ergasias SA^a,b		7,048,080		5,285,957
FF Group^a,b		137,327		2,951,405
Hellenic Exchanges-Athens Stock Exchange SA		326,825		1,632,938
Hellenic Telecommunications Organization SA		952,558		8,690,070
Intralot SA-Integrated Lottery Systems & Services^a		104,019		119,171
JUMBO SA		409,672		5,832,063
Metka Industrial-Construction SA		152,223		1,162,643
Motor Oil Hellas Corinth Refineries SA		265,175		3,437,456
Mytilineos Holdings SA^a		399,368		2,512,241
National Bank of Greece SA^a,b		20,410,819		4,763,394
OPAP SA		880,824		8,222,525
Piraeus Bank SA^a		24,824,914		5,240,518


Security	Shares		Value
Piraeus Port Authority SA		31,580	$	438,851
Public Power Corp. SA^a		517,327		1,684,756
Titan Cement Co. SA		189,719		4,286,707

				67,655,971
HONG KONG — 0.08%
BEP International Holdings Ltd.		9,000,000		661,368
IGG Inc.		2,900,000		2,284,362
KuangChi Science Ltd.^a		1,200,000		436,271
Minth Group Ltd.^b		2,712,000		8,880,741
Pou Sheng International Holdings Ltd.		2,000,000		611,089

				12,873,831
HUNGARY — 0.27%
Magyar Telekom Telecommunications PLC		1,861,759		3,102,814
MOL Hungarian Oil & Gas PLC		139,711		8,731,608
OTP Bank PLC		865,446		23,323,944
Richter Gedeon Nyrt		520,487		10,393,479

				45,551,845
INDIA — 8.76%
ACC Ltd.		218,378		4,282,763
Adani Enterprises Ltd.		1,028,326		1,022,332
Adani Ports & Special Economic Zone Ltd.		3,182,337		12,920,161
Adani Power Ltd.^a		4,189,303		1,756,535
Adani Transmissions Ltd.^a		1,533,725		1,305,199
Aditya Birla Nuvo Ltd.		167,332		3,093,184
AIA Engineering Ltd.		196,890		3,839,342
Ajanta Pharma Ltd.		130,047		3,605,084
Amara Raja Batteries Ltd.		179,316		2,460,033
Ambuja Cements Ltd.		2,755,615		8,486,378
Apollo Hospitals Enterprise Ltd.		286,100		4,996,064
Apollo Tyres Ltd.		1,056,290		2,945,929
Arvind Ltd.		607,996		3,229,223
Ashok Leyland Ltd.		4,766,968		5,536,593
Asian Paints Ltd.		1,137,034		16,111,413
Aurobindo Pharma Ltd.		1,046,046		11,321,005
Axis Bank Ltd.		6,251,060		42,908,774
Bajaj Auto Ltd.		323,767		12,700,895
Bajaj Finance Ltd.		674,265		9,060,606
Bajaj Finserv Ltd.		170,466		7,446,328
Balkrishna Industries Ltd.		238,119		3,453,561
Bata India Ltd.		255,265		1,550,819


Security	Shares		Value
Bayer CropScience Ltd./India		57,925	$	3,460,955
Bharat Financial Inclusion Ltd.^a		274,838		2,969,260
Bharat Forge Ltd.		406,389		5,364,180
Bharat Heavy Electricals Ltd.		2,316,718		4,405,047
Bharat Petroleum Corp. Ltd.		1,963,562		18,472,683
Bharti Airtel Ltd.		3,797,297		18,007,619
Bharti Infratel Ltd.		2,215,290		12,151,109
Biocon Ltd.		265,667		3,558,323
Blue Dart Express Ltd.		31,811		2,210,469
Bosch Ltd.		29,361		8,804,296
Cadila Healthcare Ltd.		861,654		5,056,709
Cairn India Ltd.		1,659,637		6,100,381
Canara Bank Ltd.^a		507,660		2,361,452
Ceat Ltd.		93,081		1,741,505
Century Textiles & Industries Ltd.		178,291		2,102,668
CESC Ltd.		321,401		2,752,963
Cipla Ltd.		1,406,656		11,643,879
Coal India Ltd.		2,730,628		12,310,953
Container Corp. of India Ltd.		154,730		2,644,805
Credit Analysis & Research Ltd.		126,649		2,555,777
CRISIL Ltd.		109,002		3,560,734
Crompton Greaves Consumer Electricals Ltd.^a		1,520,480		3,292,017
Crompton Greaves Ltd.^a		1,954,942		2,207,733
Dabur India Ltd.		2,276,384		9,429,928
DCB Bank Ltd.^a		1,154,268		1,884,462
Dewan Housing Finance Corp. Ltd.		800,655		3,000,309
Dish TV India Ltd.^a		2,115,099		2,816,570
Divi’s Laboratories Ltd.		345,391		5,923,963
Dr. Reddy’s Laboratories Ltd.		440,665		20,581,206
Eicher Motors Ltd.		52,563		16,602,176
Exide Industries Ltd.		1,121,244		2,967,370
Federal Bank Ltd.		5,426,411		5,612,795
Finolex Cables Ltd.		545,547		3,308,002
GAIL (India) Ltd.		1,239,569		7,691,965
Gateway Distriparks Ltd.		516,754		1,783,565
GE T&D India Ltd.		393,145		1,865,242
Glenmark Pharmaceuticals Ltd.		560,014		7,163,708
GMR Infrastructure Ltd.^a		10,384,493		1,820,538
Godrej Consumer Products Ltd.		471,381		10,034,819
Godrej Industries Ltd.		445,888		2,536,943
GRUH Finance Ltd.		602,246		2,755,241
Gujarat Pipavav Port Ltd.		754,400		1,538,581
Havells India Ltd.		1,121,459		5,641,787


Security	Shares		Value
HCL Technologies Ltd.		2,143,620	$	25,172,654
Hero Motocorp Ltd.		189,896		8,783,484
Hexaware Technologies Ltd.		593,049		1,783,940
Hindalco Industries Ltd.		4,329,163		11,115,589
Hindustan Petroleum Corp. Ltd.		1,616,403		11,127,258
Hindustan Unilever Ltd.		2,417,981		29,814,569
Housing Development & Infrastructure Ltd.^a		1,480,529		1,339,959
Housing Development Finance Corp. Ltd.		5,660,229		104,449,159
ICICI Bank Ltd.		4,110,225		15,945,756
Idea Cellular Ltd.		4,960,397		5,612,690
IDFC Bank Ltd.		5,496,520		5,496,604
IFCI Ltd.		3,237,145		1,104,288
India Cements Ltd. (The)		1,014,277		1,772,975
Indiabulls Housing Finance Ltd.		1,129,191		12,620,903
Indian Hotels Co. Ltd. (The)		1,982,803		2,953,249
Infosys Ltd.		6,872,102		97,942,760
IRB Infrastructure Developers Ltd.		796,825		2,171,076
ITC Ltd.		12,715,888		43,191,953
Jain Irrigation Systems Ltd.		1,853,320		2,432,774
Jaiprakash Associates Ltd.^a		7,711,814		912,588
Jammu & Kashmir Bank Ltd. (The)		1,435,128		1,274,757
Jindal Steel & Power Ltd.^a		1,501,135		1,548,309
JSW Steel Ltd.		350,168		8,845,139
Jubilant Foodworks Ltd.		173,630		2,334,719
Jubilant Life Sciences Ltd.		287,640		2,961,120
Just Dial Ltd.^a		219,449		1,217,007
Kajaria Ceramics Ltd.		409,553		3,192,708
Karur Vysya Bank Ltd. (The)		1,889,825		2,310,895
KPIT Technologies Ltd.		902,431		1,738,970
L&T Finance Holdings Ltd.		2,222,911		2,901,682
Larsen & Toubro Ltd.		1,191,627		24,072,279
LIC Housing Finance Ltd.		1,213,853		10,008,899
Lupin Ltd.		853,852		18,771,934
Mahindra & Mahindra Financial Services Ltd.		1,150,079		5,017,916
Mahindra & Mahindra Ltd.		1,414,066		24,482,620
Manappuram Finance Ltd.		2,245,794		2,526,352
Marico Ltd.		1,907,788		7,041,783
Maruti Suzuki India Ltd.		405,334		31,183,661
Max Financial Services Ltd.		439,545		3,429,403
Max India Ltd.^a		688,647		1,449,249
MindTree Ltd.		440,659		3,073,072


Security	Shares		Value
Motherson Sumi Systems Ltd.		1,584,089	$	7,169,588
Mphasis Ltd.		364,591		2,805,716
NCC Ltd./India		1,650,869		1,929,460
Nestle India Ltd.		93,791		8,618,354
NIIT Technologies Ltd.		241,987		1,503,206
NTPC Ltd.		6,184,349		14,740,570
Oil & Natural Gas Corp. Ltd.		3,124,915		13,189,215
Page Industries Ltd.		25,213		4,918,636
Persistent Systems Ltd.		273,781		2,437,268
PI Industries Ltd.		285,038		3,622,474
Piramal Enterprises Ltd.		319,510		7,903,384
Power Finance Corp. Ltd.		2,522,806		4,946,176
PTC India Ltd.		1,948,553		2,035,408
Rajesh Exports Ltd.		376,673		2,564,112
Rallis India Ltd.		590,346		1,759,853
Ramco Cements Ltd. (The)		409,945		3,654,526
Raymond Ltd.		257,879		1,917,828
Redington India Ltd.		1,489,736		2,130,714
Reliance Capital Ltd.		433,945		2,785,342
Reliance Communications Ltd.^a		4,234,747		2,335,488
Reliance Industries Ltd.		4,862,744		70,335,041
Reliance Infrastructure Ltd.		401,462		2,816,142
Shree Cement Ltd.		36,324		8,263,425
Shriram Transport Finance Co. Ltd.		579,359		7,655,358
Siemens Ltd.		320,566		5,091,434
Sintex Industries Ltd.		1,672,903		1,897,778
Sobha Ltd.		423,833		1,581,426
SRF Ltd.		82,155		1,890,314
State Bank of India		5,853,753		22,094,087
Strides Shasun Ltd.		202,234		3,236,385
Sun Pharma Advanced Research Co. Ltd.^a		429,653		2,007,380
Sun Pharmaceuticals Industries Ltd.		3,671,452		38,072,120
Sun TV Network Ltd.		430,242		2,959,256
Sundaram Finance Ltd.		170,494		3,182,271
Suzlon Energy Ltd.^a		10,845,988		2,345,114
Tata Communications Ltd.		368,458		3,541,719
Tata Consultancy Services Ltd.		1,775,321		59,032,598
Tata Elxsi Ltd.		54,907		1,017,941
Tata Global Beverages Ltd.		1,640,321		2,967,960
Tata Motors Ltd.		5,939,437		39,854,277
Tata Motors Ltd. Class A		1,419,232		6,176,709
Tata Power Co. Ltd.		4,728,469		5,115,391


Security	Shares		Value
Tata Steel Ltd.		1,141,838	$	6,923,698
Tech Mahindra Ltd.		935,551		6,631,648
Thermax Ltd.		186,780		2,273,184
Titan Co. Ltd.		1,315,072		6,215,227
Torrent Power Ltd.		563,409		1,468,014
TTK Prestige Ltd.		27,570		2,082,805
Tube Investments of India Ltd.		423,897		3,592,497
TV18 Broadcast Ltd.^a		2,672,654		1,497,412
TVS Motor Co. Ltd.		578,554		3,162,021
Ultratech Cement Ltd.		348,145		18,327,865
Union Bank of India		678,920		1,507,136
United Spirits Ltd.^a		258,896		7,256,196
UPL Ltd.		1,382,356		12,802,893
VA Tech Wabag Ltd.		251,275		1,822,093
Vakrangee Ltd.		526,845		2,127,039
Vedanta Ltd.		4,004,346		13,446,502
Vijaya Bank^a		2,490,683		1,619,242
Voltas Ltd.		554,549		2,558,904
Welspun India Ltd.		1,254,492		1,276,504
Wipro Ltd.		2,325,066		15,803,558
Wockhardt Ltd.		149,715		1,533,919
Yes Bank Ltd.		1,192,547		20,451,319
Zee Entertainment Enterprises Ltd.		2,349,310		15,638,853

				1,495,973,583
INDONESIA — 2.50%
Ace Hardware Indonesia Tbk PT		34,896,800		2,227,318
Adaro Energy Tbk PT		58,393,300		6,592,271
Adhi Karya Persero Tbk PT		9,368,700		1,320,363
AKR Corporindo Tbk PT		7,760,100		3,822,075
Alam Sutera Realty Tbk PT^a		49,351,700		1,383,778
Aneka Tambang Persero Tbk PT^a		35,675,843		2,553,445
Arwana Citramulia Tbk PT		28,232,500		1,197,837
Astra International Tbk PT		75,619,200		42,126,911
Bank Bukopin Tbk		27,530,500		1,300,094
Bank Central Asia Tbk PT		46,641,500		49,214,053
Bank Danamon Indonesia Tbk PT		13,623,200		3,266,954
Bank Mandiri Persero Tbk PT		35,356,500		27,392,972
Bank Negara Indonesia Persero Tbk PT		28,277,800		10,797,832


Security	Shares		Value
Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk PT		15,386,100	$	1,759,709
Bank Rakyat Indonesia Persero Tbk PT		41,743,700		33,573,609
Bank Tabungan Negara Persero Tbk PT		22,722,076		2,766,384
Bumi Serpong Damai Tbk PT		31,154,200		3,907,924
Charoen Pokphand Indonesia Tbk PT		28,657,200		6,660,777
Ciputra Development Tbk PT		43,331,827		4,316,397
Eagle High Plantations Tbk PT^a		48,030,500		730,071
Gudang Garam Tbk PT		1,825,400		8,754,916
Hanjaya Mandala Sampoerna Tbk PT		35,725,800		10,017,195
Hanson International Tbk PT^a		289,470,900		3,588,350
Indocement Tunggal Prakarsa Tbk PT		5,663,600		6,675,965
Indofood CBP Sukses Makmur Tbk PT		9,677,500		6,176,748
Indofood Sukses Makmur Tbk PT		16,938,700		9,467,674
Jasa Marga Persero Tbk PT		8,791,700		2,692,164
Kalbe Farma Tbk PT		83,267,600		9,216,115
Kawasan Industri Jababeka Tbk PT^a		96,490,613		2,050,492
Krakatau Steel Persero Tbk PT^a		19,074,014		1,189,267
Link Net Tbk PT		5,468,600		1,997,386
Lippo Cikarang Tbk PT^a		3,869,600		1,563,258
Lippo Karawaci Tbk PT		69,029,000		3,896,490
Matahari Department Store Tbk PT		9,273,400		9,853,308
Media Nusantara Citra Tbk PT		20,247,800		2,592,137
Mitra Adiperkasa Tbk PT^a		4,447,300		1,731,010
Modernland Realty Tbk PT^a		50,811,400		1,312,229
Multipolar Tbk PT^a		34,671,554		849,360
Pakuwon Jati Tbk PT		100,308,700		5,070,021
Panin Financial Tbk PT^a		91,253,100		1,232,195
Pembangunan Perumahan Persero Tbk PT		10,744,100		3,369,299
Perusahaan Gas Negara Persero Tbk PT		41,012,700		8,019,454
Perusahaan Perkebunan London Sumatra Indonesia Tbk PT		13,262,100		1,776,109
Ramayana Lestari Sentosa Tbk PT		18,422,100		1,617,583


Security	Shares		Value
Salim Ivomas Pratama Tbk PT		18,746,900	$	712,389
Semen Indonesia Persero Tbk PT		11,099,300		7,268,496
Siloam International Hospitals Tbk PT^a		1,293,900		1,002,468
Sugih Energy Tbk PT^a		82,105,800		690,652
Summarecon Agung Tbk PT		39,076,800		4,079,961
Surya Citra Media Tbk PT		24,307,100		4,501,813
Tambang Batubara Bukit Asam Persero Tbk PT		3,059,200		2,663,609
Telekomunikasi Indonesia Persero Tbk PT		189,187,100		52,767,182
Timah Persero Tbk PT		20,568,052		1,828,777
Tower Bersama Infrastructure Tbk PT		9,636,100		3,946,162
Unilever Indonesia Tbk PT		5,867,200		17,544,238
United Tractors Tbk PT		6,672,600		10,339,391
Waskita Karya Persero Tbk PT		25,173,600		4,736,593
Wijaya Karya Persero Tbk PT		14,500,623		2,600,001
XL Axiata Tbk PT^a		7,968,900		1,352,405

				427,653,636
MALAYSIA — 2.61%
AEON Credit Service M Bhd		609,500		1,817,855
AirAsia Bhd		5,149,900		3,182,652
Alliance Financial Group Bhd		4,782,800		4,123,103
AMMB Holdings Bhd		7,144,300		6,686,783
Astro Malaysia Holdings Bhd		6,689,100		3,909,214
Axiata Group Bhd^b		10,154,600		9,527,043
Berjaya Corp. Bhd^b		16,476,900		1,217,505
Berjaya Sports Toto Bhd		2,543,773		1,782,806
British American Tobacco Malaysia Bhd		566,700		5,608,630
Bursa Malaysia Bhd^b		2,201,100		4,169,571
Cahya Mata Sarawak Bhd^b		2,689,500		2,149,914
Capitaland Malaysia Mall Trust^b		6,603,300		2,306,571
Carlsberg Brewery Malaysia Bhd		783,900		2,432,793
CIMB Group Holdings Bhd		11,572,600		11,842,092
Dialog Group Bhd		15,020,596		5,381,315
DiGi.Com Bhd^b		13,222,500		14,418,624
DRB-Hicom Bhd		3,622,800		782,804
Eastern & Oriental Bhd^b		4,873,529		1,636,877
Felda Global Ventures Holdings Bhd		5,389,600		1,858,483
Gamuda Bhd		6,334,200		6,807,918
Genting Bhd		8,442,800		15,048,072


Security	Shares		Value
Genting Malaysia Bhd		11,418,500	$	11,940,079
Genting Plantations Bhd^b		1,093,500		2,619,895
HAP Seng Consolidated Bhd^b		2,486,300		4,420,336
Hartalega Holdings Bhd		3,000,900		3,292,523
Hong Leong Bank Bhd		2,784,100		8,291,207
Hong Leong Financial Group Bhd		1,053,300		3,537,729
IHH Healthcare Bhd		12,450,100		18,399,163
IJM Corp. Bhd		10,772,400		7,791,055
Inari Amertron Bhd^b		3,476,600		2,654,547
IOI Corp. Bhd		8,520,700		8,299,383
IOI Properties Group Bhd		6,670,473		3,121,650
Kossan Rubber Industries^b		1,536,200		2,297,764
KPJ Healthcare Bhd		2,889,450		2,717,351
Kuala Lumpur Kepong Bhd		1,566,600		8,376,715
Lafarge Malaysia Bhd		1,615,000		2,603,672
Magnum Bhd		3,142,800		1,569,289
Mah Sing Group Bhd		6,500,623		1,950,478
Malayan Banking Bhd		12,870,500		22,392,249
Malaysia Airports Holdings Bhd		2,960,700		4,209,683
Malaysia Building Society Bhd		7,043,600		1,419,445
Malaysian Resources Corp. Bhd		4,251,800		1,247,169
Maxis Bhd^b		7,117,400		9,514,303
Media Prima Bhd		5,694,100		1,389,738
MISC Bhd^b		3,969,400		6,523,824
My EG Services Bhd		6,779,000		3,415,304
OSK Holdings Bhd		2,889,500		989,909
Parkson Holdings Bhd^a		372,902		54,691
Pavilion REIT		6,036,400		2,392,393
Petronas Chemicals Group Bhd		9,233,300		14,120,788
Petronas Dagangan Bhd		873,000		4,495,970
Petronas Gas Bhd		2,690,700		12,640,145
POS Malaysia Bhd		1,929,600		1,641,845
PPB Group Bhd		1,765,400		6,182,458
Public Bank Bhd		10,160,560		44,546,298
QL Resources Bhd		3,144,250		3,132,985
RHB Bank Bhd		3,287,066		3,606,499
RHB Bank Bhd New		1,769,000		4
Sapurakencana Petroleum Bhd^a		16,710,300		5,388,005
Sime Darby Bhd^b		8,947,300		15,947,270
Sunway Bhd		2,864,900		1,892,399
Sunway Construction Group Bhd		4,388,170		1,601,594
Sunway REIT		7,573,600		2,950,753
Supermax Corp. Bhd^b		2,592,800		1,265,630
Ta Ann Holdings Bhd		2,180,060		1,840,310
TA Enterprise Bhd		656,500		63,945


Security	Shares		Value
Telekom Malaysia Bhd		4,050,400	$	5,595,828
Tenaga Nasional Bhd		12,520,700		39,361,986
TIME dotCom Bhd		1,678,500		2,980,409
Top Glove Corp. Bhd^b		3,147,300		3,720,946
UEM Sunrise Bhd^b		5,768,700		1,343,360
UMW Holdings Bhd^b		1,486,400		1,710,725
UOA Development Bhd		3,240,400		1,719,603
WCT Holdings Bhd^b		5,181,068		2,053,401
Westports Holdings Bhd^b		4,174,800		4,085,060
YTL Corp. Bhd		14,972,000		4,827,515
YTL Power International Bhd		7,551,635		2,384,193

				445,222,093
MEXICO — 3.44%
Alfa SAB de CV		10,525,000		13,973,355
Alsea SAB de CV		2,180,600		6,433,422
America Movil SAB de CV		122,394,600		74,850,672
Arca Continental SAB de CV		1,694,000		8,982,813
Axtel SAB de CV CPO^a,b		5,725,000		1,138,149
Banregio Grupo Financiero SAB de CV		1,078,900		5,801,739
Bolsa Mexicana de Valores SAB de CV		1,859,800		2,473,677
Cemex SAB de CV CPO^a		52,015,660		40,677,529
Coca-Cola Femsa SAB de CV Series L		1,837,700		11,627,172
Concentradora Fibra Hotelera Mexicana SA de CV		2,538,800		1,844,033
Consorcio ARA SAB de CV		5,062,400		1,708,691
Controladora Vuela Cia. de Aviacion SAB de CV Class A^a		2,570,200		3,803,984
Corp Inmobiliaria Vesta SAB de CV		2,500,200		3,010,376
El Puerto de Liverpool SAB de CV Series C1		696,030		5,518,263
Fibra Uno Administracion SA de CV		9,478,700		14,709,405
Fomento Economico Mexicano SAB de CV		6,821,700		53,617,279
Genomma Lab Internacional SAB de CV Series B^a		3,332,000		3,578,981
Gentera SAB de CV		4,095,500		6,475,581
Gruma SAB de CV Series B		842,530		10,124,352
Grupo Aeromexico SAB de CV^a		1,962,800		3,448,622


Security	Shares		Value
Grupo Aeroportuario del Centro Norte SAB de CV		845,200	$	4,000,070
Grupo Aeroportuario del Pacifico SAB de CV Series B		1,380,800		11,817,314
Grupo Aeroportuario del Sureste SAB de CV Series B		814,940		11,829,716
Grupo Bimbo SAB de CV		6,383,000		14,762,977
Grupo Carso SAB de CV Series A1		2,285,000		8,492,644
Grupo Comercial Chedraui SA de CV^b		1,561,000		2,846,361
Grupo Famsa SAB de CV Series A^a,b		1,064,491		361,893
Grupo Financiero Banorte SAB de CV		9,365,100		45,113,502
Grupo Financiero Inbursa SAB de CV Series O		9,090,700		12,459,887
Grupo Financiero Santander Mexico SAB de CV Series B		6,863,700		9,685,788
Grupo Herdez SAB de CV^b		1,312,600		2,664,631
Grupo Lala SAB de CV^b		2,683,300		4,057,881
Grupo Mexico SAB de CV Series B		14,321,100		39,383,462
Grupo Televisa SAB		9,204,900		38,231,415
Industrias Bachoco SAB de CV Series B		812,400		3,198,410
Industrias CH SAB de CV Series B^a,b		698,800		3,941,065
Industrias Penoles SAB de CV		525,405		11,337,815
Infraestructura Energetica Nova SAB de CV		1,969,200		8,715,556
Kimberly-Clark de Mexico SAB de CV Series A		5,761,800		10,157,204
La Comer SAB de CV^a,b		1,924,900		1,494,977
Macquarie Mexico Real Estate Management SA de CV		3,140,100		3,162,724
Mexichem SAB de CV		4,009,300		9,607,828
OHL Mexico SAB de CV^a		1,438,250		1,242,069
PLA Administradora Industrial S. de RL de CV^b		2,341,900		3,241,883
Promotora y Operadora de Infraestructura SAB de CV		1,024,270		9,071,212
Qualitas Controladora SAB de CV^b		1,458,200		2,216,592
Telesites SAB de CV^a,b		6,510,195		3,822,325


Security	Shares		Value
TV Azteca SAB de CV CPO^b		6,722,300	$	1,031,043
Wal-Mart de Mexico SAB de CV		19,678,800		36,286,467

				588,032,806
PERU — 0.35%
Cia. de Minas Buenaventura SAA ADR		750,225		8,380,013
Credicorp Ltd.		255,845		40,088,353
Southern Copper Corp.		330,257		10,842,338

				59,310,704
PHILIPPINES — 1.20%
Aboitiz Equity Ventures Inc.		7,574,830		11,157,376
Aboitiz Power Corp.		5,401,100		4,659,304
Alliance Global Group Inc.		7,716,800		2,017,261
Ayala Corp.		999,770		14,595,476
Ayala Land Inc.		27,305,600		18,064,634
Bank of the Philippine Islands		2,976,975		5,387,648
BDO Unibank Inc.		6,245,890		14,066,754
Cebu Air Inc.		912,470		1,864,206
Cosco Capital Inc.		10,785,100		1,834,746
D&L Industries Inc.		11,425,400		2,596,160
DMCI Holdings Inc.		16,069,100		4,362,213
DoubleDragon Properties Corp.^a		2,815,370		2,490,977
Energy Development Corp.		33,202,500		3,398,366
Filinvest Land Inc.		46,893,000		1,631,307
First Gen Corp.		4,699,000		2,059,887
First Philippine Holdings Corp.		780,950		1,044,303
Globe Telecom Inc.		124,405		3,652,349
GT Capital Holdings Inc.		326,335		7,605,515
International Container Terminal Services Inc.		1,988,600		2,887,129
JG Summit Holdings Inc.		10,890,773		14,946,617
Jollibee Foods Corp.		1,747,180		7,581,770
Lopez Holdings Corp.		7,527,500		1,177,638
Manila Water Co. Inc.		5,010,400		3,002,411
Megaworld Corp.		39,945,600		2,955,958
Melco Crown Philippines Resorts Corp.^a		8,688,000		716,284
Metro Pacific Investments Corp.		50,345,600		6,276,749
Metropolitan Bank & Trust Co.		2,545,532		3,839,029
Nickel Asia Corp.		5,939,424		986,520
PLDT Inc.		358,865		9,135,795
Rizal Commercial Banking Corp.		1,189,190		851,300
Robinsons Land Corp.		6,668,900		3,453,130
Security Bank Corp.		730,800		2,667,207


Security	Shares		Value
SM Investments Corp.		915,072	$	11,482,102
SM Prime Holdings Inc.		31,376,396		16,719,777
Universal Robina Corp.		3,231,700		11,040,938
Vista Land & Lifescapes Inc.		18,545,400		1,864,609

				204,073,445
POLAND — 1.04%
Alior Bank SA^a,b		361,951		3,855,181
Asseco Poland SA		322,744		4,048,880
Bank Handlowy w Warszawie SA		139,270		2,235,868
Bank Millennium SA^a		2,512,437		3,176,469
Bank Pekao SA		567,630		16,005,025
Bank Zachodni WBK SA		134,941		9,417,108
Budimex SA		54,701		2,678,908
CCC SA		108,673		5,158,795
Ciech SA		129,608		1,731,075
Cyfrowy Polsat SA^a		832,851		4,797,975
Enea SA^a,b		1,027,102		2,278,610
Eurocash SA		309,940		2,877,557
Getin Noble Bank SA^a,b		1,684,519		474,167
Globe Trade Centre SA^a,b		1,070,440		2,045,354
Grupa Azoty SA		181,278		2,659,462
Grupa Lotos SA^a		397,573		3,498,639
Jastrzebska Spolka Weglowa SA^a		77,807		1,536,447
KGHM Polska Miedz SA		503,273		10,487,931
KRUK SA^b		64,910		3,174,235
LPP SA^b		4,904		6,750,172
Lubelski Wegiel Bogdanka SA^a		61,946		1,027,151
mBank SA^a		57,271		4,433,258
Netia SA		1,467,400		1,645,205
Orange Polska SA		2,440,456		3,137,858
PGE Polska Grupa Energetyczna SA		3,195,854		7,074,707
Polski Koncern Naftowy ORLEN SA		1,212,693		22,115,762
Polskie Gornictwo Naftowe i Gazownictwo SA		6,768,357		7,992,120
Powszechna Kasa Oszczednosci Bank Polski SA		3,245,982		19,791,582
Powszechny Zaklad Ubezpieczen SA		2,086,706		14,719,265
Synthos SA^a		2,302,694		2,405,935
Tauron Polska Energia SA^a		4,100,738		2,592,277
Warsaw Stock Exchange		205,511		1,821,731

				177,644,709


Security	Shares		Value
QATAR — 0.82%
Al Meera Consumer Goods Co. QSC		29,493	$	1,279,769
Barwa Real Estate Co.		318,662		2,695,482
Commercial Bank QSC (The)		658,176		5,965,014
Doha Bank QSC		270,373		2,494,928
Ezdan Holding Group QSC		3,030,771		12,318,854
Gulf International Services QSC		194,474		1,527,506
Industries Qatar QSC		576,743		16,631,334
Masraf Al Rayan QSC		1,454,877		13,505,120
Mazaya Qatar Real Estate Development QSC^a		420,828		1,431,962
Medicare Group		60,044		1,063,616
Ooredoo QSC		308,347		7,875,500
Qatar Electricity & Water Co. QSC		105,646		6,179,995
Qatar Gas Transport Co. Ltd.		992,991		6,299,597
Qatar Industrial Manufacturing Co. QSC		113,346		1,366,552
Qatar Insurance Co. SAQ		474,795		11,213,987
Qatar Islamic Bank SAQ		240,751		6,572,188
Qatar National Bank SAQ		759,586		31,061,835
Qatar National Cement Co. QSC		70,767		1,593,676
Qatari Investors Group QSC		142,652		2,095,980
Salam International Investment Ltd. QSC		635,019		1,918,381
United Development Co. QSC		439,372		2,219,063
Vodafone Qatar QSC^a		1,384,191		3,345,293

				140,655,632
RUSSIA — 3.46%
Aeroflot PJSC^a		3,006,200		6,331,292
Alrosa PJSC		10,017,300		14,502,785
Gazprom PJSC		31,409,380		72,824,040
Gazprom PJSC ADR		6,764,018		31,175,359
Inter RAO UES PJSC		125,015,000		7,445,725
LSR Group PJSC GDR^d		1,117,684		3,347,464
Lukoil PJSC		1,086,441		53,114,893
Lukoil PJSC ADR		543,387		26,625,963
M Video OJSC		656,170		3,716,010
Magnit PJSC GDR^d		1,082,161		43,589,445
Mechel PJSC^a		486,803		2,901,346
MMC Norilsk Nickel PJSC		218,494		35,348,150
Mobile TeleSystems PJSC ADR		2,007,821		15,721,238


Security	Shares		Value
Moscow Exchange MICEX-RTS PJSC		5,983,890	$	11,062,436
Novatek OJSC GDR^d		355,047		41,931,051
PhosAgro PJSC GDR^d		486,970		6,695,837
Rosneft PJSC		1,206,660		6,397,213
Rosneft PJSC GDR^d		2,525,932		13,286,402
Rostelecom PJSC		4,961,290		6,525,931
RusHydro PJSC		528,668,000		7,859,408
Sberbank of Russia PJSC		12,641,030		31,154,780
Sberbank of Russia PJSC ADR		6,351,509		63,673,878
Severstal PJSC		913,520		13,771,765
Sistema PJSC FC GDR^d		772,107		6,377,604
Surgutneftegas OJSC		25,826,450		11,970,355
Surgutneftegas OJSC ADR		495,704		2,252,975
Tatneft PJSC Class S		5,639,970		34,071,271
VTB Bank PJSC		5,421,870,000		5,801,800
VTB Bank PJSC GDR^d		5,501,060		11,535,723

				591,012,139
SOUTH AFRICA — 6.54%
Adcock Ingram Holdings Ltd.^b		414,234		1,373,274
Advtech Ltd.		2,698,455		3,443,710
Aeci Ltd.		552,553		3,896,087
African Rainbow Minerals Ltd.		453,704		3,474,044
Anglo American Platinum Ltd.^a		192,999		3,976,595
AngloGold Ashanti Ltd.^a		1,553,795		17,208,200
Aspen Pharmacare Holdings Ltd.		1,371,557		28,350,808
Astral Foods Ltd.^b		222,387		1,966,027
Attacq Ltd.^a,b		2,248,045		2,642,920
AVI Ltd.		1,260,215		7,797,812
Barclays Africa Group Ltd.		1,569,555		17,603,187
Barloworld Ltd.		804,083		6,130,551
Bid Corp. Ltd.		1,244,273		21,873,301
Bidvest Group Ltd. (The)		1,195,266		13,874,928
Blue Label Telecoms Ltd.		2,622,407		3,557,929
Brait SE^a,b		1,295,593		7,865,234
Capitec Bank Holdings Ltd.		158,215		7,335,220
Cashbuild Ltd.		107,379		2,864,716
City Lodge Hotels Ltd.		220,804		2,266,876
Clicks Group Ltd.		983,782		8,459,420
Clover Industries Ltd.		1,680,013		2,322,463
Coronation Fund Managers Ltd.		910,371		4,660,165
DataTec Ltd.		812,253		2,606,506
Discovery Ltd.		1,355,424		10,767,050


Security	Shares		Value
Emira Property Fund Ltd.		2,370,422	$	2,332,186
EOH Holdings Ltd.		488,161		5,742,907
Exxaro Resources Ltd.^b		571,275		3,934,420
Famous Brands Ltd.		337,861		3,792,137
FirstRand Ltd.		12,496,810		44,993,416
Fortress Income Fund Ltd.		2,831,829		6,165,872
Fortress Income Fund Ltd. Class A		3,374,279		3,904,433
Foschini Group Ltd. (The)		741,075		7,838,052
Gold Fields Ltd.		3,129,700		9,951,671
Grindrod Ltd.		2,086,775		2,067,992
Growthpoint Properties Ltd.		7,528,906		13,354,901
Harmony Gold Mining Co. Ltd.^b		1,570,850		3,535,637
Hosken Consolidated Investments Ltd.		307,019		2,830,233
Hudaco Industries Ltd.		268,813		2,079,402
Hyprop Investments Ltd.		884,150		7,123,628
Impala Platinum Holdings Ltd.^a		2,252,864		7,099,302
Imperial Holdings Ltd.		546,859		6,611,238
Investec Ltd.		885,459		5,679,690
JSE Ltd.		377,780		4,259,578
Lewis Group Ltd.^b		523,432		1,406,890
Liberty Holdings Ltd.		468,963		3,703,892
Life Healthcare Group Holdings Ltd.		3,523,963		7,798,507
Massmart Holdings Ltd.		444,806		3,631,069
Metair Investments Ltd.^b		1,161,907		1,739,599
MMI Holdings Ltd./South Africa		3,693,701		5,788,258
Mondi Ltd.		440,073		8,887,898
Mpact Ltd.		995,443		2,249,039
Mr. Price Group Ltd.		903,716		9,345,620
MTN Group Ltd.		6,151,054		49,642,585
Murray & Roberts Holdings Ltd.		2,219,729		1,780,373
Naspers Ltd. Class N		1,636,621		239,766,654
Nedbank Group Ltd.		733,630		12,029,937
Netcare Ltd.		3,497,311		7,789,395
New Europe Property Investments PLC		914,132		10,490,889
Northam Platinum Ltd.^a,b		1,246,779		3,672,004
Omnia Holdings Ltd.		297,268		3,433,378
Pick n Pay Stores Ltd.		1,383,596		6,461,138
Pioneer Foods Group Ltd.		502,324		5,585,059
PPC Ltd.		6,663,382		2,617,609
PSG Group Ltd.		361,027		5,007,082


Security	Shares		Value
Rand Merchant Investment Holdings Ltd.		2,609,254	$	7,182,483
Redefine Properties Ltd.		15,489,318		11,429,601
Remgro Ltd.		1,986,546		29,616,372
Resilient REIT Ltd.		1,133,956		8,367,486
Reunert Ltd.		718,732		3,357,883
RMB Holdings Ltd.		2,623,574		11,671,760
Royal Bafokeng Platinum Ltd.^a		293,364		742,704
SA Corporate Real Estate Ltd.		8,175,163		3,205,661
Sanlam Ltd.		5,238,792		23,033,691
Sappi Ltd.^a		2,086,012		12,388,543
Sasol Ltd.		2,065,382		55,859,739
Shoprite Holdings Ltd.		1,605,275		21,394,892
Sibanye Gold Ltd.		2,870,908		5,970,547
SPAR Group Ltd. (The)		705,730		9,534,682
Standard Bank Group Ltd.		4,803,510		51,712,326
Steinhoff International Holdings NV Class H		10,997,233		51,025,750
Sun International Ltd./South Africa		515,691		2,950,850
Super Group Ltd./South Africa^a		1,491,559		4,299,348
Telkom SA SOC Ltd.		1,028,780		5,105,668
Tiger Brands Ltd.		610,621		17,156,377
Tongaat Hulett Ltd.		438,010		4,059,936
Trencor Ltd.		858,125		1,925,944
Truworths International Ltd.		1,639,917		8,202,946
Tsogo Sun Holdings Ltd.		1,579,361		3,176,457
Vodacom Group Ltd.		1,355,440		13,986,121
Vukile Property Fund Ltd.		2,613,021		3,362,626
Wilson Bayly Holmes-Ovcon Ltd.		265,840		2,719,760
Woolworths Holdings Ltd./South Africa		3,709,440		17,171,656
Zeder Investments Ltd.		5,724,933		2,767,314

				1,115,819,716
SOUTH KOREA — 14.16%
Able C&C Co. Ltd.		72,015		1,287,467
Advanced Process Systems Corp.^a,b		90,717		1,866,254
AeroSpace Technology of Korea Inc.^a,b		81,447		1,146,061
Agabang & Co.^a,b		146,419		834,139
Ahnlab Inc.^b		28,817		1,557,876
AK Holdings Inc.^b		23,595		1,162,544


Security	Shares		Value
ALUKO Co. Ltd.^b		208,821	$	754,689
Amicogen Inc.^b		34,239		1,367,744
AmorePacific Corp.		120,314		33,756,462
AmorePacific Group		108,775		12,002,887
Asiana Airlines Inc.^a		353,442		1,425,499
ATGen Co. Ltd.^a,b		44,415		1,227,154
BGF retail Co. Ltd.^b		77,111		5,738,554
Binex Co. Ltd.^a,b		123,874		1,843,726
Binggrae Co. Ltd.^b		32,157		1,768,697
BNK Financial Group Inc.		938,453		7,192,626
Boditech Med Inc.^a,b		71,380		1,263,903
Bukwang Pharmaceutical Co. Ltd.^b		89,911		1,845,827
Byucksan Corp.^b		251,951		955,821
Caregen Co. Ltd.^b		17,216		1,083,869
Cell Biotech Co. Ltd.^b		35,877		1,265,922
Celltrion Inc.^a,b		282,425		24,738,309
Chabiotech Co. Ltd.^a,b		174,389		1,812,434
Cheil Worldwide Inc.		257,929		3,298,438
Chong Kun Dang Pharmaceutical Corp.^b		24,098		2,046,903
CJ CGV Co. Ltd.^b		56,854		2,961,728
CJ CheilJedang Corp.		29,229		9,600,903
CJ Corp.		55,367		8,311,799
CJ E&M Corp.		75,564		3,645,532
CJ Freshway Corp.^b		35,957		1,231,836
CJ Korea Express Corp.^a,b		27,950		4,399,128
CJ O Shopping Co. Ltd.		10,823		1,526,635
Com2uSCorp.^a,b		40,923		2,954,451
Coreana Cosmetics Co. Ltd.^b		179,928		908,067
Cosmax Inc.^b		29,015		2,581,207
COSON Co. Ltd.^a,b		114,531		1,219,718
Coway Co. Ltd.		201,467		14,562,218
Crown Confectionery Co. Ltd.^b		38,294		974,506
CrucialTec Co. Ltd.^a,b		175,630		1,113,227
CrystalGenomics Inc.^a,b		89,159		1,330,845
Dae Hwa Pharmaceutical Co. Ltd.^b		52,297		1,172,047
Daeduck Electronics Co.^b		222,722		1,478,399
Daeduck GDS Co. Ltd.		154,828		1,443,587
Daekyo Co. Ltd.		175,934		1,247,588
Daelim Industrial Co. Ltd.		102,522		6,700,039
Daesang Corp.		82,549		2,019,504
Daewoo Engineering & Construction Co. Ltd.^a,b		482,352		2,133,151


Security	Shares		Value
Daewoo Shipbuilding & Marine Engineering Co. Ltd.^a,b		397,780	$	1,371,925
Daewoong Pharmaceutical Co. Ltd.^b		20,653		1,185,421
Daishin Securities Co. Ltd.		167,523		1,490,303
Daou Technology Inc.^b		114,429		1,840,182
Dawonsys Co. Ltd.^b		110,429		1,067,403
DGB Financial Group Inc.		589,956		4,829,459
DIO Corp.^a,b		47,484		1,649,074
Dong-A Socio Holdings Co. Ltd.^b		13,479		1,619,947
Dong-A ST Co. Ltd.^b		19,616		1,414,506
Dongbu HiTek Co. Ltd.^a		131,161		1,744,625
Dongbu Insurance Co. Ltd.		185,303		11,571,035
DongKook Pharmaceutical Co. Ltd.		33,131		1,470,851
Dongkuk Steel Mill Co. Ltd.^a,b		213,536		1,773,606
Dongsuh Cos. Inc.		140,671		3,200,760
Dongwon Industries Co. Ltd.^b		7,435		2,051,056
Doosan Engine Co. Ltd.^a,b		237,114		616,592
Doosan Heavy Industries & Construction Co. Ltd.		173,150		3,821,282
Doosan Infracore Co. Ltd.^a,b		504,053		3,367,396
DoubleUGames Co. Ltd.^a,b		53,965		1,465,625
DuzonBIzon Co. Ltd.		90,244		1,736,872
E-MART Inc.		71,067		11,428,592
E1 Corp.		17,293		915,647
Emerson Pacific Inc.^a,b		34,216		1,049,265
EO Technics Co. Ltd.^b		34,013		2,313,018
Fila Korea Ltd.^b		40,858		2,341,633
Foosung Co. Ltd.^a,b		257,418		1,558,975
G-SMATT GLOBAL Co. Ltd.^a,b		63,566		1,285,947
G-treeBNT Co. Ltd.^a,b		95,550		1,319,988
Gamevil Inc.^a,b		31,669		1,446,580
GemVax & Kael Co. Ltd.^a,b		126,433		1,324,840
Genexine Co. Ltd.^a,b		41,619		1,525,490
Golfzon Co. Ltd.		8,404		469,425
Golfzonyuwon Holdings Co. Ltd.^b		81,786		544,284
Grand Korea Leisure Co. Ltd.^b		128,328		2,414,966
Green Cross Cell Corp.^a		38,962		916,518
Green Cross Corp./South Korea^b		22,029		2,760,574
Green Cross Holdings Corp.^b		111,277		2,141,681
GS Engineering & Construction Corp.^a,b		184,300		3,728,408
GS Holdings Corp.		189,686		8,826,755
GS Home Shopping Inc.		14,307		2,104,960


Security	Shares		Value
GS Retail Co. Ltd.		104,809	$	4,240,593
Gwangju Shinsegae Co. Ltd.		5,763		1,185,579
Halla Holdings Corp.		36,301		1,981,099
Hana Financial Group Inc.		1,097,521		30,182,884
Hana Tour Service Inc.^b		37,738		2,198,330
Hanall Biopharma Co. Ltd.^a,b		112,477		1,120,873
Hancom Inc.		97,772		1,342,321
Handsome Co. Ltd.^b		64,075		2,022,469
Hanil Cement Co. Ltd.		15,530		963,111
Hanjin Heavy Industries & Construction Co. Ltd.^a		299,177		845,798
Hanjin Kal Corp.^b		157,774		2,402,273
Hanjin Transportation Co. Ltd.^b		42,893		1,014,492
Hankook Shell Oil Co. Ltd.^b		4,760		1,822,078
Hankook Tire Co. Ltd.		277,898		12,884,027
Hankook Tire Worldwide Co. Ltd.^b		106,869		1,887,725
Hanmi Pharm Co. Ltd.^b		19,701		6,210,015
Hanmi Science Co. Ltd.^b		46,382		2,975,621
Hanon Systems		707,771		5,908,939
Hansae Co. Ltd.^b		82,906		1,577,912
Hansol Chemical Co. Ltd.^b		39,857		2,972,953
Hansol Holdings Co. Ltd.^a		219,874		1,075,813
Hansol Technics Co. Ltd.^a,b		76,117		914,797
Hanssem Co. Ltd.^b		41,055		7,251,920
Hanwha Chemical Corp.		402,512		8,005,136
Hanwha Corp.		162,243		4,899,002
Hanwha General Insurance Co. Ltd.^b		262,805		1,746,713
Hanwha Investment & Securities Co. Ltd.^a,b		516,913		915,282
Hanwha Life Insurance Co. Ltd.		813,384		4,633,794
Hanwha Techwin Co. Ltd.		139,056		5,691,655
Hite Jinro Co. Ltd.		107,576		2,001,435
HLB Inc.^a,b		119,638		1,576,002
HMC Investment Securities Co. Ltd.		162,668		1,345,537
Hotel Shilla Co. Ltd.^b		124,735		5,377,566
Huchems Fine Chemical Corp.		109,586		2,184,127
Hugel Inc.^a		10,216		2,423,247
Humedix Co. Ltd.^b		42,672		1,204,547
Huons Co. Ltd.^a		24,302		1,224,403
Huons Global Co. Ltd.		24,838		758,493
Hwa Shin Co. Ltd.^b		155,206		797,903
Hy-Lok Corp.^b		71,409		1,377,420
Hyosung Corp.		78,525		9,336,619


Security	Shares		Value
Hyundai Corp.^b		53,261	$	906,628
Hyundai Department Store Co. Ltd.		56,876		5,254,359
Hyundai Development Co. Engineering & Construction		211,393		7,468,056
Hyundai Elevator Co. Ltd.^a,b		53,093		2,625,016
Hyundai Engineering & Construction Co. Ltd.		268,120		9,024,868
Hyundai Glovis Co. Ltd.		71,004		9,657,103
Hyundai Greenfood Co. Ltd.^b		202,560		2,806,956
Hyundai Heavy Industries Co. Ltd.^a,b		155,680		18,909,850
Hyundai Home Shopping Network Corp.		26,435		2,419,524
Hyundai Livart Furniture Co. Ltd.^b		57,297		1,269,400
Hyundai Marine & Fire Insurance Co. Ltd.		233,984		7,285,418
Hyundai Mipo Dockyard Co. Ltd.^a,b		43,055		2,279,718
Hyundai Mobis Co. Ltd.		254,408		54,187,239
Hyundai Motor Co.		569,669		64,809,869
Hyundai Rotem Co. Ltd.^a,b		109,121		1,750,155
Hyundai Steel Co.		277,399		11,840,563
Hyundai Wia Corp.		62,055		3,652,011
Il Dong Pharmaceutical Co. Ltd.^a		66,413		965,759
IlDong Holdings Co. Ltd.		1		23
Ilyang Pharmaceutical Co. Ltd.^a,b		63,360		1,956,543
iMarketKorea Inc.^b		109,320		963,172
InBody Co. Ltd.^b		66,668		1,474,161
Industrial Bank of Korea		882,011		9,845,809
Innocean Worldwide Inc.^b		41,903		2,229,474
Interpark Holdings Corp.^b		283,718		1,152,783
iNtRON Biotechnology Inc.^a,b		51,325		1,251,240
IS Dongseo Co. Ltd.^b		50,455		1,909,785
It’s Skin Co. Ltd.^b		25,763		950,920
JB Financial Group Co. Ltd.		392,567		1,920,776
Jeil Pharmaceutical Co.^b		32,230		1,568,699
Jenax Inc.^a,b		56,711		1,336,460
Jusung Engineering Co. Ltd.^a,b		172,385		1,362,506
JW Holdings Corp.^b		144,136		1,059,089
JW Pharmaceutical Corp.^b		48,891		2,045,054
JW Shinyak Corp.^b		185,212		1,167,625
Kakao Corp.^b		115,287		7,662,461
Kangwon Land Inc.		428,224		13,058,625
KB Capital Co. Ltd.^b		46,986		1,129,384


Security	Shares		Value
KB Financial Group Inc.		1,407,072	$	50,671,683
KB Insurance Co. Ltd.		163,004		3,966,865
KC Tech Co. Ltd.^b		107,063		1,236,346
KCC Corp.		19,952		6,357,401
KEPCO Engineering & Construction Co. Inc.^b		60,628		1,210,952
KEPCO Plant Service & Engineering Co. Ltd.		90,899		4,486,440
KH Vatec Co. Ltd.^b		87,321		948,614
Kia Motors Corp.		978,161		31,293,120
KISWIRE Ltd.		33,555		1,199,777
KIWOOM Securities Co. Ltd.		46,098		2,523,649
Koh Young Technology Inc.		59,384		2,158,864
Kolmar BNH Co. Ltd.^b		38,105		547,593
Kolon Corp.		27,587		1,212,927
Kolon Industries Inc.^b		65,053		3,889,658
Kolon Life Science Inc.^b		19,378		2,095,188
Komipharm International Co. Ltd.^a,b		134,691		4,032,492
KONA I Co. Ltd.^b		77,635		886,555
Korea Aerospace Industries Ltd. Class A		251,060		14,238,294
Korea Electric Power Corp.		940,633		37,414,511
Korea Gas Corp.		96,512		3,537,521
Korea Investment Holdings Co. Ltd.		137,396		4,706,993
Korea Kolmar Co. Ltd.		60,475		3,486,605
Korea Kolmar Holdings Co. Ltd.^b		41,202		993,881
Korea PetroChemical Ind. Co. Ltd.^b		11,825		2,265,771
Korea REIT Co. Ltd.^b		652,127		1,653,955
Korea Zinc Co. Ltd.		33,499		13,525,108
Korean Air Lines Co. Ltd.^a		130,885		3,498,701
Korean Reinsurance Co.		381,236		3,733,931
KT Corp.		51,660		1,319,063
KT Skylife Co. Ltd.		123,746		1,900,039
KT&G Corp.		436,330		39,189,641
Kukdo Chemical Co. Ltd.^b		25,395		1,181,718
Kumho Industrial Co. Ltd.^a,b		96,847		720,730
Kumho Petrochemical Co. Ltd.		69,795		4,358,270
Kumho Tire Co. Inc.^a,b		481,159		3,440,819
Kwang Dong Pharmaceutical Co. Ltd.		233,967		1,661,115
Kwangju Bank		125,987		1,110,018
Leaders Cosmetics Co. Ltd.^a,b		58,017		980,143


Security	Shares		Value
LF Corp.^b		94,694	$	1,790,118
LG Chem Ltd.		171,685		33,263,464
LG Corp.		349,237		16,878,569
LG Display Co. Ltd.		859,826		20,593,754
LG Electronics Inc.		389,865		14,973,644
LG Hausys Ltd.		27,051		2,082,537
LG Household & Health Care Ltd.		35,037		23,586,775
LG Innotek Co. Ltd.^b		53,104		3,683,961
LG International Corp.		112,597		2,903,896
LG Life Sciences Ltd.^a,b		50,060		2,487,906
LG Uplus Corp.		796,415		7,800,309
Loen Entertainment Inc.^a,b		29,477		1,875,958
Lotte Chemical Corp.		58,178		15,999,510
Lotte Chilsung Beverage Co. Ltd.^b		2,497		3,346,990
Lotte Confectionery Co. Ltd.		21,448		3,274,854
LOTTE Fine Chemical Co. Ltd.		78,047		1,849,281
Lotte Food Co. Ltd.		3,188		1,786,185
LOTTE Himart Co. Ltd.^b		27,027		1,057,684
Lotte Shopping Co. Ltd.		39,667		7,363,020
LS Corp.		66,613		3,470,110
LS Industrial Systems Co. Ltd.		50,651		1,685,406
Lutronic Corp.^b		44,451		1,216,742
Macrogen Inc.^a,b		55,172		1,505,485
Maeil Dairy Industry Co. Ltd.^b		38,059		1,320,125
Mando Corp.^b		25,337		5,429,125
Medipost Co. Ltd.^a,b		33,369		1,509,961
Medy-Tox Inc.^b		16,890		4,741,712
Meritz Fire & Marine Insurance Co. Ltd.		228,139		3,219,959
Meritz Securities Co. Ltd.^b		1,066,416		3,233,775
Mirae Asset Daewoo Co. Ltd.^b		594,441		3,533,951
Mirae Asset Securities Co. Ltd.		284,042		4,956,552
Modetour Network Inc.^b		62,273		1,454,217
Muhak Co. Ltd.^b		71,588		1,344,131
Namhae Chemical Corp.^b		184,367		1,271,116
Namyang Dairy Products Co. Ltd.		2,352		1,452,585
Naturalendo Tech Co. Ltd.^a,b		55,007		809,307
NAVER Corp.		104,759		71,509,073
NCsoft Corp.		65,594		15,261,595
Neowiz Games Corp.^a,b		112,702		1,050,812
Nexen Corp.^b		191,145		1,329,292
Nexen Tire Corp.^b		159,964		1,819,872
NH Investment & Securities Co. Ltd.		408,948		3,438,654
NHN Entertainment Corp.^a,b		53,565		2,142,050


Security	Shares		Value
NHN KCP Corp.^b		80,662	$	1,041,868
NICE Holdings Co. Ltd.^b		96,837		1,370,901
NICE Information Service Co. Ltd.^b		193,998		1,128,426
Nong Shim Holdings Co. Ltd.^b		12,987		1,260,874
NongShim Co. Ltd.^b		12,924		3,598,445
NS Shopping Co. Ltd.^a,b		10,058		1,333,553
NUTRIBIOTECH Co. Ltd.^a,b		27,091		1,274,543
OCI Co. Ltd.^a,b		63,139		3,975,048
Orion Corp./Republic of Korea		13,405		7,797,271
Osstem Implant Co. Ltd.^a,b		51,148		2,471,975
Ottogi Corp.^b		4,957		2,934,215
Paradise Co. Ltd.		186,196		2,134,234
Partron Co. Ltd.^b		168,601		1,297,985
Poongsan Corp.		97,930		3,250,232
POSCO		255,652		54,561,545
POSCO Chemtech Co. Ltd.		115,191		1,207,040
Posco Daewoo Corp.		173,746		3,960,764
POSCO ICT Co. Ltd.^a,b		310,898		1,452,036
Pyeong Hwa Automotive Co. Ltd.^b		110,542		1,148,869
S&T Dynamics Co. Ltd.^b		149,612		1,162,035
S&T Motiv Co. Ltd.		47,523		1,705,308
S-1 Corp.		71,039		5,766,735
S-Oil Corp.^b		172,985		12,429,528
Samchully Co. Ltd.		13,821		1,159,779
Samjin Pharmaceutical Co. Ltd.		54,722		1,582,142
Samkwang Glass^b		24,886		1,317,688
Samsung Biologics Co. Ltd.^a		55,752		7,344,261
Samsung C&T Corp.		282,027		30,879,309
Samsung Card Co. Ltd.		133,048		4,757,202
Samsung Electro-Mechanics Co. Ltd.		199,722		7,909,951
Samsung Electronics Co. Ltd.		370,786		553,776,448
Samsung Engineering Co. Ltd.^a,b		549,625		4,456,991
Samsung Fire & Marine Insurance Co. Ltd.		123,852		31,041,133
Samsung Heavy Industries Co. Ltd.^a,b		908,422		6,449,598
Samsung Life Insurance Co. Ltd.		263,663		25,711,118
Samsung SDI Co. Ltd.^b		203,641		16,078,067
Samsung SDS Co. Ltd.		130,481		15,067,735
Samsung Securities Co. Ltd.		182,042		4,990,758
Samyang Corp.^b		13,147		1,276,408
Samyang Holdings Corp.^b		13,816		1,447,723
Schnell Biopharmaceuticals Inc.^a,b		357,523		1,113,198


Security	Shares		Value
Seah Besteel Corp.		47,619	$	1,004,070
Sebang Co. Ltd.		78,511		1,034,232
Sebang Global Battery Co. Ltd.^b		44,272		1,439,062
Seegene Inc.^a,b		74,530		2,056,022
Seobu T&D^a,b		92,915		1,390,884
Seoul Semiconductor Co. Ltd.^b		148,601		1,855,844
SFA Engineering Corp.		40,469		2,056,250
Shinhan Financial Group Co. Ltd.		1,576,292		59,462,364
Shinsegae Food Co. Ltd.^b		9,988		1,106,408
Shinsegae Inc.		27,608		4,262,644
Shinsegae International Inc.^b		16,826		931,220
Silicon Works Co. Ltd.^b		56,103		1,281,340
Sindoh Co. Ltd.		33,054		1,529,636
SK Bioland Co. Ltd.^b		70,660		1,057,739
SK Chemicals Co. Ltd.		63,176		3,334,296
SK Gas Ltd.^b		21,389		2,012,566
SK Holdings Co. Ltd.		168,643		33,395,368
SK Hynix Inc.		2,175,432		79,830,660
SK Innovation Co. Ltd.		242,007		31,569,281
SK Materials Co. Ltd.^b		23,394		3,061,701
SK Networks Co. Ltd.		453,233		2,636,315
SK Securities Co. Ltd.^a		1,498,082		1,307,082
SK Telecom Co. Ltd.		71,016		13,728,768
SKC Co. Ltd.		82,288		2,132,780
SL Corp.		70,055		1,117,596
SM Entertainment Co.^a,b		94,676		2,020,586
Songwon Industrial Co. Ltd.^b		91,890		1,222,266
Soulbrain Co. Ltd.		42,680		1,905,732
SPC Samlip Co. Ltd.^b		10,161		1,434,126
Ssangyong Cement Industrial Co. Ltd.^a		106,564		1,526,835
Ssangyong Motor Co.^a,b		202,136		1,258,757
Sung Kwang Bend Co. Ltd.^b		144,989		1,069,078
Sungwoo Hitech Co. Ltd.		154,456		1,012,047
Taekwang Industrial Co. Ltd.^b		2,301		1,743,883
Taewoong Co. Ltd.^a,b		54,181		1,019,616
Taeyoung Engineering & Construction Co. Ltd.^a,b		324,765		1,405,681
Tera Resource Co. Ltd.^a		49,111		—
Tongyang Inc.^b		765,972		1,945,971
Tongyang Life Insurance Co. Ltd.		181,893		2,007,117
Toptec Co. Ltd.^b		79,212		1,263,679
Value Added Technologies Co. Ltd.^b		42,929		1,226,490
Vieworks Co. Ltd.^b		39,119		1,947,501


Security	Shares		Value
ViroMed Co. Ltd.^a,b		52,207	$	4,689,051
Webzen Inc.^a,b		96,908		1,214,407
Wonik Holdings Co. Ltd.^a,b		112,521		585,200
WONIK IPS Co. Ltd.^a,b		97,626		1,774,563
Woongjin Thinkbig Co. Ltd.^a		177,628		1,326,455
Woori Bank		1,051,571		10,794,108
YG Entertainment Inc.^b		56,409		1,305,217
Youlchon Chemical Co. Ltd.^b		129,308		1,543,002
Youngone Corp.^b		93,734		2,208,949
Youngone Holdings Co. Ltd.		33,270		1,559,553
Yuanta Securities Korea Co. Ltd.^a,b		330,263		896,955
Yuhan Corp.		29,190		4,918,891
Yungjin Pharmaceutical Co. Ltd.^a,b		457,233		3,285,366

				2,416,370,092
TAIWAN — 13.03%
A-DATA Technology Co. Ltd.^b		1,229,820		2,099,024
AcBel Polytech Inc.^b		1,998,000		1,422,979
Accton Technology Corp.^b		2,112,000		2,882,440
Acer Inc.^b		10,515,872		4,454,061
Advanced Ceramic X Corp.^b		216,000		1,606,124
Advanced Semiconductor Engineering Inc.^b		23,257,000		24,991,443
Advanced Wireless Semiconductor Co.^b		838,000		1,254,121
Advantech Co. Ltd.		1,145,302		9,216,891
Airtac International Group^b		458,190		3,471,681
Alpha Networks Inc.^b		2,080,700		1,292,563
Ambassador Hotel (The)^b		2,115,000		1,559,392
AmTRAN Technology Co. Ltd.		3,550,000		2,450,350
Ardentec Corp.^b		2,545,546		1,900,794
Asia Cement Corp.		8,343,050		7,342,345
Asia Optical Co. Inc.^a,b		1,585,000		1,516,723
Asia Pacific Telecom Co. Ltd.^a		7,265,000		2,261,124
Asia Polymer Corp.		3,333,027		1,945,041
Asustek Computer Inc.		2,570,000		21,286,983
AU Optronics Corp.^b		31,931,000		11,470,836
Bank of Kaohsiung Co. Ltd.^b		8,756,149		2,486,216
BES Engineering Corp.^b		8,612,000		1,753,581
Bioteque Corp.		431,000		1,595,645
Bizlink Holding Inc.^b		387,055		1,864,052
Brogent Technologies Inc.^b		210,799		1,207,003
Capital Securities Corp.		7,919,000		2,223,670


Security	Shares		Value
Casetek Holdings Ltd.		528,000	$	1,442,876
Catcher Technology Co. Ltd.^b		2,427,000		17,627,788
Cathay Financial Holding Co. Ltd.		30,304,078		44,591,386
Cathay Real Estate Development Co. Ltd.		2,573,900		1,502,041
Center Laboratories Inc.^a,b		892,738		1,694,558
Chailease Holding Co. Ltd.^b		3,827,945		6,533,436
Chang Hwa Commercial Bank Ltd.		18,250,067		9,762,609
Cheng Loong Corp.		4,541,000		1,731,031
Cheng Shin Rubber Industry Co. Ltd.^b		6,959,650		13,101,340
Cheng Uei Precision Industry Co. Ltd.^b		1,511,000		1,706,648
Chicony Electronics Co. Ltd.^b		1,889,728		4,452,627
Chin-Poon Industrial Co. Ltd.^b		1,360,000		2,641,232
China Airlines Ltd.		8,729,000		2,618,180
China Bills Finance Corp.^b		5,608,000		2,269,733
China Development Financial Holding Corp.^b		46,089,000		11,481,400
China Life Insurance Co. Ltd./Taiwan		12,988,369		13,855,130
China Man-Made Fiber Corp.^b		6,712,550		1,769,065
China Metal Products^b		1,385,146		1,451,507
China Motor Corp.		1,383,000		1,162,878
China Petrochemical Development Corp.^a,b		8,552,900		2,530,476
China Steel Chemical Corp.^b		591,000		2,058,200
China Steel Corp.		42,999,529		33,727,237
China Synthetic Rubber Corp.^b		2,504,100		2,160,536
Chipbond Technology Corp.^b		2,240,000		3,127,412
Chlitina Holding Ltd.^b		218,000		967,810
Chong Hong Construction Co. Ltd.^b		835,122		1,574,713
Chroma ATE Inc.^b		1,438,000		3,564,208
Chunghwa Telecom Co. Ltd.		13,878,000		46,807,172
Cleanaway Co. Ltd.		340,000		1,776,111
Clevo Co.		1,685,175		1,469,829
CMC Magnetics Corp.^a,b		13,566,566		1,498,268
Compal Electronics Inc.		14,754,000		8,401,628
Compeq Manufacturing Co. Ltd.^b		4,123,000		1,979,164
Continental Holdings Corp.^b		4,496,600		1,565,973
Coretronic Corp.		2,036,200		2,172,083
CSBC Corp. Taiwan		3,984,000		1,674,947
CTBC Financial Holding Co. Ltd.		65,253,599		35,827,753


Security	Shares		Value
CTCI Corp.^b		2,438,000	$	3,855,150
Cub Elecparts Inc.^b		184,062		1,524,562
D-Link Corp.^b		5,635,991		1,821,313
Darwin Precisions Corp.^b		3,058,000		1,170,508
Delta Electronics Inc.		7,231,000		36,299,062
Depo Auto Parts Ind. Co. Ltd.		552,000		1,466,897
E Ink Holdings Inc.^b		3,498,000		2,496,768
E.Sun Financial Holding Co. Ltd.		29,278,581		16,994,125
Eclat Textile Co. Ltd.^b		703,062		7,279,216
Elan Microelectronics Corp.^b		1,876,000		1,939,391
Elite Advanced Laser Corp.^b		500,800		1,830,490
Elite Material Co. Ltd.^b		1,166,000		3,065,629
Elite Semiconductor Memory Technology Inc.^b		2,166,000		2,147,448
Ennoconn Corp.^b		174,000		2,456,625
Epistar Corp.^a,b		3,828,000		2,816,384
Eternal Materials Co. Ltd.		3,444,472		3,577,072
EVA Airways Corp.		7,540,042		3,702,245
Evergreen Marine Corp. Taiwan Ltd.^a		5,965,870		2,255,474
Everlight Chemical Industrial Corp.^b		3,183,781		1,962,830
Everlight Electronics Co. Ltd.^b		1,495,000		2,181,078
Far Eastern Department Stores Ltd.^b		3,477,167		1,767,330
Far Eastern International Bank		8,904,191		2,531,044
Far Eastern New Century Corp.		10,720,916		7,904,544
Far EasTone Telecommunications Co. Ltd.		5,679,000		13,149,380
Faraday Technology Corp.^b		1,297,000		1,200,436
Farglory Land Development Co. Ltd.		1,086,782		1,266,713
Feng Hsin Steel Co. Ltd.		2,131,000		3,028,717
Feng TAY Enterprise Co. Ltd.^b		1,232,506		4,620,979
Firich Enterprises Co. Ltd.^b		843,960		1,599,322
First Financial Holding Co. Ltd.		34,275,679		18,066,433
FLEXium Interconnect Inc.^b		1,032,835		2,767,361
Formosa Chemicals & Fibre Corp.^b		11,840,210		37,110,940
Formosa Petrochemical Corp.^b		4,341,000		14,641,154
Formosa Plastics Corp.		15,007,800		42,754,314
Formosa Taffeta Co. Ltd.		2,176,000		2,034,474
Formosan Rubber Group Inc.		3,843,602		1,820,926
Foxconn Technology Co. Ltd.^b		3,313,424		8,690,812
Fubon Financial Holding Co. Ltd.		24,714,000		38,343,027


Security	Shares		Value
General Interface Solution Holding Ltd.^b		499,000	$	1,430,948
Getac Technology Corp.		2,351,000		2,983,652
Giant Manufacturing Co. Ltd.^b		1,054,000		6,283,061
Gigabyte Technology Co. Ltd.		2,049,000		2,712,885
Gigasolar Materials Corp.^b		138,800		1,574,254
Gigastorage Corp.^a,b		2,056,000		1,390,104
Ginko International Co. Ltd.^b		189,000		1,722,602
Gintech Energy Corp.^a,b		2,177,019		1,188,471
Gloria Material Technology Corp.		3,664,048		2,040,500
Goldsun Building Materials Co. Ltd.		6,522,000		1,401,679
Gourmet Master Co. Ltd.^b		281,050		2,341,128
Grand Pacific Petrochemical		3,795,000		2,524,205
Grape King Bio Ltd.^b		445,000		3,336,837
Great Wall Enterprise Co. Ltd.		2,723,500		2,516,458
Greatek Electronics Inc.^b		1,612,000		1,947,165
HannStar Display Corp.^a,b		10,558,640		2,988,076
Highwealth Construction Corp.^b		3,002,230		4,502,450
Hiwin Technologies Corp.^b		817,668		3,399,147
Ho Tung Chemical Corp.^a		8,639,812		2,141,452
Holy Stone Enterprise Co. Ltd.		1,798,900		1,791,958
Hon Hai Precision Industry Co. Ltd.		57,376,410		147,612,889
Hota Industrial Manufacturing Co. Ltd.^b		755,000		2,901,751
Hotai Motor Co. Ltd.		905,000		10,406,378
HTC Corp.^a,b		2,478,000		6,553,992
Hu Lane Associate Inc.^b		307,000		1,367,741
Hua Nan Financial Holdings Co. Ltd.		26,727,602		13,584,763
Huaku Development Co. Ltd.^b		1,087,000		2,015,552
Hung Sheng Construction Ltd.		3,313,000		1,865,791
IEI Integration Corp.^b		1,396,582		2,094,457
Innolux Corp.^b		32,035,241		11,055,993
Inotera Memories Inc.^a		9,942,000		9,295,378
International Games System Co. Ltd.^b		239,000		1,469,708
Inventec Corp.		9,153,000		6,188,534
ITEQ Corp.^b		2,057,000		2,132,960
Kenda Rubber Industrial Co. Ltd.^b		1,912,889		2,784,741
Kerry TJ Logistics Co. Ltd.^b		1,188,000		1,640,009
Kindom Construction Corp.		2,409,000		1,519,182
King Slide Works Co. Ltd.^b		238,000		2,721,771
King Yuan Electronics Co. Ltd.^b		4,492,000		3,713,620


Security	Shares		Value
King’s Town Bank Co. Ltd.^b		3,801,000	$	3,231,798
Kinpo Electronics^b		6,220,000		2,214,947
Kinsus Interconnect Technology Corp.		1,000,000		2,230,728
Kuoyang Construction Co. Ltd.^b		4,847,023		1,923,724
Land Mark Optoelectronics Corp.^b		204,900		1,729,304
Largan Precision Co. Ltd.		377,000		43,646,033
LCY Chemical Corp.^b		1,970,000		2,327,064
Lealea Enterprise Co. Ltd.^b		6,871,173		1,739,728
Lien Hwa Industrial Corp.^b		2,308,910		1,593,701
Lite-On Technology Corp.		7,903,238		12,472,402
Long Bon International Co. Ltd.^b		4,149,000		2,304,060
Makalot Industrial Co. Ltd.^b		722,208		2,843,695
Masterlink Securities Corp.		7,559,344		1,987,491
MediaTek Inc.^b		5,508,572		38,281,577
Mega Financial Holding Co. Ltd.		40,001,958		28,552,209
Merida Industry Co. Ltd.^b		775,850		3,395,698
Merry Electronics Co. Ltd.^b		651,070		2,481,881
Micro-Star International Co. Ltd.		2,740,000		7,307,125
Microbio Co. Ltd.^a		2,680,141		1,879,370
Mitac Holdings Corp.^b		2,220,560		2,260,759
Motech Industries Inc.^a,b		1,856,000		1,566,417
Nan Kang Rubber Tire Co. Ltd.^b		2,175,000		1,999,420
Nan Ya Plastics Corp.		17,065,440		35,926,678
Nan Ya Printed Circuit Board Corp.^b		890,000		675,744
Nanya Technology Corp.		2,555,000		3,567,204
Neo Solar Power Corp.^a,b		3,650,806		1,695,226
Nien Made Enterprise Co. Ltd.^b		583,000		6,530,010
Novatek Microelectronics Corp.^b		2,091,000		6,954,036
OBI Pharma Inc.^a,b		425,000		3,746,902
Oriental Union Chemical Corp.^b		2,412,000		1,679,992
Pan-International Industrial Corp.^b		2,187,366		1,623,042
Parade Technologies Ltd.^b		247,000		2,607,709
PChome Online Inc.^b		387,103		3,509,954
Pegatron Corp.		7,183,000		17,105,064
PharmaEngine Inc.^b		280,183		1,797,679
Phison Electronics Corp.		567,000		4,331,707
Pixart Imaging Inc.^b		728,000		1,466,370
Pou Chen Corp.		7,963,000		9,955,936
Powertech Technology Inc.		2,461,000		6,323,719
Poya International Co. Ltd.		231,710		2,900,646
President Chain Store Corp.		2,136,000		16,050,325
President Securities Corp.		4,747,123		1,683,007
Primax Electronics Ltd.		1,728,000		2,483,055


Security	Shares		Value
Prince Housing & Development Corp.		5,154,995	$	1,746,743
Qisda Corp.^b		6,515,000		3,147,837
Quanta Computer Inc.		9,810,000		18,282,371
Radiant Opto-Electronics Corp.^b		1,759,000		3,211,929
Radium Life Tech Co. Ltd.^a		5,416,196		1,668,718
Realtek Semiconductor Corp.		1,823,110		5,662,720
Ritek Corp.^a		8,644,503		1,383,207
Ruentex Development Co. Ltd.^a,b		3,257,822		3,894,300
Ruentex Industries Ltd.^b		2,171,906		3,986,336
Sampo Corp.^b		6,011,000		3,404,090
Sanyang Motor Co. Ltd.^b		2,263,000		1,494,561
ScinoPharm Taiwan Ltd.^b		955,488		1,184,130
Sercomm Corp.^b		1,253,000		3,200,019
Shin Kong Financial Holding Co. Ltd.^a,b		29,127,443		7,511,925
Shin Zu Shing Co. Ltd.^b		671,000		1,762,078
Shining Building Business Co. Ltd.^a,b		3,664,601		1,299,218
Shinkong Synthetic Fibers Corp.^b		5,777,000		1,649,380
Sigurd Microelectronics Corp.^b		2,677,000		1,969,556
Silergy Corp.^b		211,000		3,220,641
Siliconware Precision Industries Co. Ltd.		7,885,819		11,937,714
Simplo Technology Co. Ltd.		975,000		2,881,593
Sinbon Electronics Co. Ltd.^b		1,005,809		2,104,837
Sino-American Silicon Products Inc.^b		2,369,000		2,155,461
SinoPac Financial Holdings Co. Ltd.		36,117,055		10,311,712
Sinyi Realty Inc.		1,509,877		1,513,525
Sitronix Technology Corp.		536,000		1,875,067
Soft-World International Corp.^b		762,000		1,501,384
Solar Applied Materials Technology Co.^a		1,987,000		463,662
St. Shine Optical Co. Ltd.^b		177,000		3,387,507
Standard Foods Corp.^b		1,476,939		3,503,172
Sunny Friend Environmental Technology Co. Ltd.^b		358,000		1,297,305
Synnex Technology International Corp.		4,968,250		5,081,572
TA Chen Stainless Pipe		4,042,682		2,333,804
Taichung Commercial Bank Co. Ltd.		8,235,344		2,374,512


Security	Shares		Value
Taigen Biopharmaceuticals Holdings Ltd.^a		1,190,000	$	1,116,337
TaiMed Biologics Inc.^a,b		612,000		3,427,415
Tainan Spinning Co. Ltd.		4,580,894		1,767,797
Taishin Financial Holding Co. Ltd.		30,964,707		11,366,582
Taiwan Acceptance Corp.		829,000		1,994,927
Taiwan Business Bank		13,910,193		3,521,955
Taiwan Cement Corp.		12,189,000		14,092,324
Taiwan Cogeneration Corp.^b		2,253,000		1,583,384
Taiwan Cooperative Financial Holding Co. Ltd.		28,108,880		12,390,731
Taiwan Fertilizer Co. Ltd.^b		2,294,000		2,918,511
Taiwan Glass Industry Corp.^a,b		4,729,053		2,003,019
Taiwan Hon Chuan Enterprise Co. Ltd.^b		1,623,674		2,771,244
Taiwan Land Development Corp.^b		5,504,973		1,753,066
Taiwan Liposome Co. Ltd.^a		167,000		618,266
Taiwan Mobile Co. Ltd.		6,049,000		20,401,829
Taiwan Paiho Ltd.		930,000		2,827,377
Taiwan PCB Techvest Co. Ltd.^b		2,259,042		2,200,711
Taiwan Secom Co. Ltd.^b		1,167,185		3,185,928
Taiwan Semiconductor Co. Ltd.^b		1,454,000		1,489,446
Taiwan Semiconductor Manufacturing Co. Ltd.		91,953,000		527,951,526
Taiwan Shin Kong Security Co. Ltd.		2,432,770		3,014,916
Taiwan Surface Mounting Technology Corp.^b		2,690,261		2,177,666
Taiwan TEA Corp.^b		4,266,000		1,920,657
Tatung Co. Ltd.^a,b		9,302,000		2,871,762
Teco Electric and Machinery Co. Ltd.		6,931,000		5,795,223
Test Research Inc.^b		921,400		1,186,693
Test Rite International Co. Ltd.		3,172,000		1,905,807
Ton Yi Industrial Corp.		3,425,000		1,466,798
Tong Hsing Electronic Industries Ltd.^b		668,000		1,991,027
Tong Yang Industry Co. Ltd.^b		1,580,400		3,371,732
Topco Scientific Co. Ltd.^b		1,325,338		3,268,333
TPK Holding Co. Ltd.^a,b		1,153,000		1,949,823
Transcend Information Inc.		682,000		1,870,135
Tripod Technology Corp.		1,849,000		4,234,838
TSRC Corp.^b		2,331,900		2,359,482
TTY Biopharm Co. Ltd.^b		899,124		2,744,792
Tung Ho Steel Enterprise Corp.^b		3,786,000		2,589,490


Security	Shares		Value
Tung Thih Electronic Co. Ltd.^b		248,000	$	2,139,742
TWi Pharmaceuticals Inc.^a		330,000		1,071,597
TXC Corp.		1,567,000		2,018,177
U-Ming Marine Transport Corp.		1,782,000		1,453,644
Uni-President Enterprises Corp.^b		17,934,369		30,666,179
Unimicron Technology Corp.^b		4,690,000		1,758,400
United Integrated Services Co. Ltd.^b		1,373,000		2,074,168
United Microelectronics Corp.^b		40,223,000		14,197,244
UPC Technology Corp.		4,891,146		1,902,871
USI Corp.		3,900,000		1,939,416
Vanguard International Semiconductor Corp.^b		3,351,000		6,318,674
Visual Photonics Epitaxy Co. Ltd.^b		1,197,000		1,727,544
Voltronic Power Technology Corp.^b		210,974		2,763,519
Wah Lee Industrial Corp.^b		1,169,000		1,687,133
Walsin Lihwa Corp.^b		12,001,000		5,045,443
Walsin Technology Corp.^b		1,562,400		1,759,802
Waterland Financial Holdings Co. Ltd.^b		9,989,543		2,557,483
Win Semiconductors Corp.^b		1,395,427		3,970,923
Winbond Electronics Corp.^b		10,934,000		3,396,185
Wistron Corp.		9,278,647		6,637,378
Wistron NeWeb Corp.^b		996,911		2,949,478
Wowprime Corp.^b		377,260		1,633,416
WPG Holdings Ltd.		5,212,000		6,451,021
WT Microelectronics Co. Ltd.		1,610,990		2,274,482
XPEC Entertainment Inc.		31,000		12,838
Yageo Corp.		1,418,739		2,648,479
Yang Ming Marine Transport Corp.^a		8,280,000		1,493,741
Yeong Guan Energy Technology Group Co. Ltd.^b		362,937		1,218,406
YFY Inc.^b		5,313,000		1,601,918
Yieh Phui Enterprise Co. Ltd.^a,b		5,464,510		2,108,790
Yuanta Financial Holding Co. Ltd.		34,897,912		12,646,155
Yulon Motor Co. Ltd.		2,638,000		2,288,479
YungShin Global Holding Corp.		1,512,650		2,197,336
Yungtay Engineering Co. Ltd.^b		1,581,000		2,214,779
Zhen Ding Technology Holding Ltd.^b		1,415,950		2,847,626


Security	Shares		Value
Zinwell Corp.^b		1,665,000	$	1,627,231

				2,223,503,450
THAILAND — 2.51%
Advanced Info Service PCL NVDR		3,790,600		15,351,720
Airports of Thailand PCL NVDR^b		1,590,900		17,924,629
Amata Corp. PCL NVDR^b		4,171,500		1,274,383
AP Thailand PCL NVDR^b		8,491,290		1,665,915
Bangchak Petroleum PCL (The) NVDR^b		1,671,900		1,534,627
Bangkok Airways PCL^b		2,603,100		1,765,580
Bangkok Bank PCL Foreign		875,100		3,875,217
Bangkok Chain Hospital PCL NVDR^b		6,486,050		2,563,189
Bangkok Dusit Medical Services PCL NVDR		14,999,000		9,794,888
Bangkok Expressway & Metro PCL		28,523,585		6,195,652
Bangkok Land PCL NVDR^b		34,310,500		1,673,237
Banpu PCL NVDR^b		6,424,200		3,366,991
Beauty Community PCL		9,101,200		2,805,903
BEC World PCL NVDR		2,386,604		1,237,466
Berli Jucker PCL		4,900,800		7,211,200
BTS Group Holdings PCL NVDR		19,210,500		4,684,240
Bumrungrad Hospital PCL NVDR		1,372,700		7,386,830
Central Pattana PCL NVDR		5,398,100		8,548,120
Charoen Pokphand Foods PCL NVDR		10,053,700		8,101,119
Chularat Hospital PCL NVDR^b		25,222,600		2,050,072
CP ALL PCL NVDR		18,617,200		31,437,837
Delta Electronics Thailand PCL NVDR		1,989,100		4,222,994
Dynasty Ceramic PCL NVDR		18,632,220		2,370,837
Eastern Polymer Group PCL^b		4,511,000		1,681,534
Electricity Generating PCL NVDR		498,600		2,780,908
Energy Absolute PCL NVDR^b		5,328,200		4,405,384
Esso Thailand PCL NVDR^a,b		6,435,600		2,380,917
Glow Energy PCL NVDR		1,957,900		4,335,097
Group Lease PCL^b		1,557,500		2,531,846


Security	Shares		Value
Gunkul Engineering PCL NVDR^b		12,856,260	$	1,819,647
Hana Microelectronics PCL NVDR^b		2,389,800		2,076,369
Home Product Center PCL NVDR		17,310,374		4,997,179
Indorama Ventures PCL NVDR		5,465,300		5,054,861
Inter Far East Energy Corp.^b		6,442,100		798,052
IRPC PCL NVDR		37,082,800		5,030,361
Italian-Thai Development PCL NVDR^a,b		8,705,200		1,232,115
Jasmine International PCL NVDR		14,469,600		3,082,133
Kasikornbank PCL Foreign		4,384,700		20,891,520
Kasikornbank PCL NVDR		2,140,500		10,168,717
KCE Electronics PCL NVDR^b		1,285,900		4,342,857
Khon Kaen Sugar Industry PCL NVDR		11,501,386		1,289,411
Kiatnakin Bank PCL NVDR		1,774,600		2,747,983
Krung Thai Bank PCL NVDR		12,913,800		6,370,125
Krungthai Card PCL NVDR^b		565,900		2,315,655
LPN Development PCL NVDR^b		3,698,600		1,036,618
Major Cineplex Group PCL NVDR		1,646,900		1,477,061
Minor International PCL NVDR		8,147,860		8,563,594
Muangthai Leasing PCL^b		3,288,600		2,511,648
PTG Energy PCL^b		2,487,700		2,248,583
PTT Exploration & Production PCL NVDR		4,947,701		11,440,332
PTT Global Chemical PCL NVDR		7,409,500		12,979,267
PTT PCL NVDR		3,703,200		36,222,952
Quality Houses PCL NVDR^b		21,747,617		1,548,198
Robinson Department Store PCL NVDR		2,104,200		3,892,353
Samart Corp. PCL NVDR^b		2,795,400		1,010,683
Siam Cement PCL (The) Foreign		1,349,600		18,005,006
Siam Cement PCL (The) NVDR		165,800		2,211,937
Siam Commercial Bank PCL (The) NVDR		6,380,400		26,197,918
Siam Global House PCL NVDR^b		5,593,492		2,665,098
Singha Estate PCL^a,b		8,563,900		1,084,904
Sino-Thai Engineering & Construction PCL NVDR^b		3,457,628		2,810,331
Sri Trang Agro-Industry PCL NVDR^b		3,621,300		1,694,971
Srisawad Power 1979 PCL NVDR^b		2,329,333		2,676,681
Supalai PCL NVDR^b		3,005,600		1,920,646
Superblock PCL^a		44,991,700		1,979,763


Security	Shares		Value
surGlobal Power Synergy Co. Ltd. NVDR^b		2,153,000	$	2,202,511
Thai Airways International PCL NVDR^a,b		2,785,500		1,920,523
Thai Oil PCL NVDR		3,195,500		6,627,531
Thai Union Group PCL NVDR		7,524,600		4,365,510
Thai Vegetable Oil PCL NVDR		2,247,700		2,456,881
Thaicom PCL NVDR^b		2,264,500		1,275,703
Thanachart Capital PCL NVDR		2,513,800		3,100,021
Thoresen Thai Agencies PCL NVDR^b		3,963,723		1,083,151
TICON Industrial Connection PCL NVDR^b		3,295,460		1,440,860
Tisco Financial Group PCL NVDR^b		1,507,250		2,281,184
TMB Bank PCL NVDR		58,125,200		3,290,767
True Corp. PCL NVDR^b		36,278,111		7,269,959
TTW PCL NVDR^b		6,428,300		1,945,813
Unique Engineering & Construction PCL^b		2,993,200		1,493,265
VGI Global Media PCL NVDR		12,466,400		1,781,938
Vibhavadi Medical Center PCL NVDR		26,258,500		2,119,550
WHA Corp. PCL NVDR^a,b		28,777,700		2,419,684

				428,628,712
TURKEY — 1.03%
Akbank TAS		8,461,773		18,632,287
Aksa Akrilik Kimya Sanayii AS		428,418		1,117,025
Albaraka Turk Katilim Bankasi AS^b		4,340,074		1,493,609
Anadolu Efes Biracilik ve Malt Sanayii AS		816,649		4,294,267
Arcelik AS		964,736		5,638,506
BIM Birlesik Magazalar AS		823,863		11,581,369
Cimsa Cimento Sanayi VE Ticaret AS		366,832		1,583,386
Coca-Cola Icecek AS		320,614		3,068,873
Dogus Otomotiv Servis ve Ticaret AS^b		225,858		558,585
Emlak Konut Gayrimenkul Yatirim Ortakligi AS		7,381,514		6,221,586
Eregli Demir ve Celik Fabrikalari TAS		5,337,430		7,331,806
Ford Otomotiv Sanayi AS		289,907		2,440,129


Security	Shares		Value
Haci Omer Sabanci Holding AS		3,629,181	$	9,271,939
Is Gayrimenkul Yatirim Ortakligi AS^b		3,187,877		1,376,009
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class D^b		3,764,029		1,130,702
KOC Holding AS		2,458,563		8,927,062
Otokar Otomotiv Ve Savunma Sanayi AS^b		50,556		1,816,524
Petkim Petrokimya Holding AS		3,155,624		3,359,201
Sekerbank TAS^a,b		3,219,560		1,032,873
Soda Sanayii AS		1,277,901		1,688,314
TAV Havalimanlari Holding AS		741,586		2,796,520
Tekfen Holding AS^b		899,381		1,592,173
Tofas Turk Otomobil Fabrikasi AS		500,321		3,128,465
Trakya Cam Sanayii AS^b		2,146,177		1,758,854
Tupras Turkiye Petrol Rafinerileri AS		475,365		9,496,763
Turk Hava Yollari AO^a,b		2,181,796		3,060,674
Turk Telekomunikasyon AS		1,925,217		3,105,008
Turkcell Iletisim Hizmetleri AS^a		3,297,869		8,685,183
Turkiye Garanti Bankasi AS		8,737,175		18,576,180
Turkiye Halk Bankasi AS		2,392,798		6,134,127
Turkiye Is Bankasi Class C		5,784,043		8,130,858
Turkiye Sinai Kalkinma Bankasi AS		4,703,238		1,714,608
Turkiye Sise ve Cam Fabrikalari AS		3,221,287		3,119,072
Turkiye Vakiflar Bankasi Tao Class D^b		3,099,186		3,769,134
Ulker Biskuvi Sanayi AS		602,316		3,030,200
Yapi ve Kredi Bankasi AS^a		3,713,544		3,379,100
Yazicilar Holding AS^b		329,915		1,177,718

				175,218,689
UNITED ARAB EMIRATES — 0.82%
Abu Dhabi Commercial Bank PJSC		7,409,160		12,507,124
Agthia Group PJSC		787,601		1,318,798
Air Arabia PJSC		8,420,649		2,911,696
Al Waha Capital PJSC		4,822,884		2,337,349
Aldar Properties PJSC		11,920,948		8,049,322
Amlak Finance PJSC^a		3,327,753		1,105,370
Arabtec Holding PJSC^a		8,759,695		3,100,482
Dana Gas PJSC^a		14,404,774		2,157,079
Deyaar Development PJSC^a		8,651,557		1,295,549


Security	Shares		Value
DP World Ltd.		637,322	$	9,897,611
Dubai Islamic Bank PJSC		4,578,863		6,532,595
DXB Entertainments PJSC^a		12,301,402		4,923,441
Emaar Malls PJSC		7,184,856		5,086,139
Emaar Properties PJSC		13,223,332		24,553,991
Emirates Telecommunications Group Co. PJSC		6,536,989		33,193,527
Eshraq Properties Co. PJSC^a		5,863,437		1,580,463
First Gulf Bank PJSC		3,391,701		10,712,044
National Bank of Abu Dhabi PJSC		2,689,797		6,884,052
Orascom Construction Ltd.^a		305,210		1,645,082
Union Properties PJSC^a		2,427,591		604,113

				140,395,827

TOTAL COMMON STOCKS
(Cost: $16,685,537,576)				16,377,088,951

PREFERRED STOCKS — 3.78%

BRAZIL — 2.81%
Alpargatas SA		636,500		1,928,788
Banco ABC Brasil SA		381,575		1,556,758
Banco Bradesco SA		10,292,684		90,526,932
Banco do Estado do Rio Grande do Sul SA Class B		728,500		2,425,103
Bradespar SA		966,900		4,273,512
Braskem SA Class A		599,100		4,870,732
Centrais Eletricas Brasileiras SA Class B		850,000		7,119,143
Cia. Brasileira de Distribuicao		589,600		9,517,268
Cia. Energetica de Minas Gerais		2,778,420		6,489,140
Cia. Energetica de Sao Paulo Class B		739,900		2,863,353
Cia. Energetica do Ceara Class A		70,800		941,907
Cia. Paranaense de Energia Class B		385,200		3,296,834
Eletropaulo Metropolitana Eletricidade de Sao Paulo SA		386,500		1,000,958
Gerdau SA		3,413,400		13,673,783
Itau Unibanco Holding SA		12,041,613		126,094,291
Itausa-Investimentos Itau SA		14,498,945		36,906,405
Lojas Americanas SA		2,166,110		10,489,544


Security	Shares		Value
Marcopolo SA		2,276,700	$	1,776,937
Metalurgica Gerdau SA		2,340,800		4,041,470
Petroleo Brasileiro SA		14,691,100		69,492,269
Suzano Papel e Celulose SA Class A		1,600,500		6,080,244
Telefonica Brasil SA		1,624,100		21,683,475
Vale SA		6,992,900		52,821,462

				479,870,308
CHILE — 0.08%
Embotelladora Andina SA Class B		990,938		3,713,165
Sociedad Quimica y Minera de Chile SA Series B		360,846		10,301,307

				14,014,472
COLOMBIA — 0.15%
Avianca Holdings SA		1,865,192		1,635,670
Bancolombia SA		1,720,906		14,640,905
Grupo Aval Acciones y Valores SA		14,500,406		5,527,688
Grupo de Inversiones Suramericana SA		336,796		3,786,670

				25,590,933
RUSSIA — 0.11%
Surgutneftegas OJSC		26,782,100		13,085,176
Transneft PJSC		2,068		5,653,975

				18,739,151
SOUTH KOREA — 0.63%
AmorePacific Corp.		34,977		5,819,278
Hyundai Motor Co.		80,895		6,629,093
Hyundai Motor Co. Series 2		139,147		11,819,252
LG Chem Ltd.		28,591		4,023,112
LG Household & Health Care Ltd.		8,385		3,575,487
Samsung Electronics Co. Ltd.		65,453		75,919,993

				107,786,215

TOTAL PREFERRED STOCKS
(Cost: $605,395,055)				646,001,079

WARRANTS — 0.00%

THAILAND — 0.00%
Group Lease PCL (Expires 07/31/18)^a,b		137,266		78,867

				78,867

TOTAL WARRANTS
(Cost: $0)				78,867


Security	Shares		Value
RIGHTS — 0.00%

BRAZIL — 0.00%
Marcopolo SA^a		87,131	$	258

				258
CHILE — 0.00%
LATAM Airlines Group SA^a		122,379		1,818

				1,818
CHINA — 0.00%
MMG Ltd.^a,b		4,668,000		391,174

				391,174
INDONESIA — 0.00%
Jasa Marga Persero Tbk PT^a		591,980		10,920
Siloam International Hospitals Tbk PT^a		161,738		17,901

				28,821
SOUTH KOREA — 0.00%
Cosmax Inc.^a,b		2,651		45,013
Lutronic Corp.^a		1,378		6,071
Lutronic Corp. New^a,b		6,550		—

				51,084

TOTAL RIGHTS
(Cost: $0)				473,155

SHORT-TERM INVESTMENTS — 6.66%

MONEY MARKET FUNDS — 6.66%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^e,f,g		1,136,660,963		1,137,001,961

				1,137,001,961

TOTAL SHORT-TERM INVESTMENTS
(Cost: $1,136,686,647)				1,137,001,961


	Value
TOTAL INVESTMENTS IN SECURITIES — 106.39%
(Cost: $18,427,619,278)^h	$	18,160,644,013
Other Assets, Less Liabilities — (6.39)%		(1,091,593,571	)

NET ASSETS — 100.00%	$	17,069,050,442

ADR — American Depositary Receipts

CPO — Certificates of Participation (Ordinary)

GDR — Global Depositary Receipts

NVDR — Non-Voting Depositary Receipts

^a	Non-income earning security.

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

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

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

^e	Affiliated money market fund.

^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.

^h	The cost of investments for federal income tax purposes was $18,943,454,479. Net unrealized depreciation was $782,810,466, of which $1,214,264,830 represented gross unrealized appreciation on securities and $1,997,075,296 represented gross unrealized depreciation on securities.

Various inputs are used in determining the fair value of financial instruments. For description of the input levels and information about the Fund’s policy regarding valuation of financial instruments, refer to a recently published shareholder report. Shareholder reports are available on the Fund’s website at www.iShares.com and on the U.S. Securities and Exchange Commission website at www.sec.gov.

The following table summarizes the value of the Fund’s investments according to the fair value hierarchy as of November 30, 2016. The breakdown of the Fund’s investments into major categories is disclosed in the schedule of investments above.


Security	Shares		Value
INVESTMENT COMPANIES — 99.96%

EXCHANGE-TRADED FUNDS — 99.96%
iShares MSCI Emerging Markets ETF^a,b		4,406,874	$	156,444,027

				156,444,027

TOTAL INVESTMENT COMPANIES
(Cost: $176,346,183)				156,444,027

SHORT-TERM INVESTMENTS — 22.92%

MONEY MARKET FUNDS — 22.92%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^c,d,e		35,771,610		35,782,342
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^c,d		85,169		85,169

				35,867,511

TOTAL SHORT-TERM INVESTMENTS
(Cost: $35,862,324)				35,867,511


TOTAL INVESTMENTS IN SECURITIES — 122.88%
(Cost: $212,208,507)^f				192,311,538
Other Assets, Less Liabilities — (22.88)%				(35,804,956	)

NET ASSETS — 100.00%			$	156,506,582

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

^b	Affiliated issuer. See Schedule 1.

^c	Affiliated money market fund.

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

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

^f	The cost of investments for federal income tax purposes was $218,781,076. Net unrealized depreciation was $26,469,538, of which $5,186 represented gross unrealized appreciation on securities and $26,474,724 represented gross unrealized depreciation on securities.

Investments in issuers considered to be affiliates of the Fund (excluding affiliated money market funds) during the three months ended November 30, 2016, for purposes of Section 2(a)(3) of the 1940 Act, were as follows:


Security	Shares		Value
INVESTMENT COMPANIES — 99.77%

EXCHANGE-TRADED FUNDS — 99.77%
iShares Edge MSCI Min Vol Emerging Markets ETF^a		118,321	$	5,942,080

				5,942,080

TOTAL INVESTMENT COMPANIES
(Cost: $5,970,769)				5,942,080

SHORT-TERM INVESTMENTS — 0.05%

MONEY MARKET FUNDS — 0.05%
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^b,c		3,227		3,227

				3,227

TOTAL SHORT-TERM INVESTMENTS
(Cost: $3,227)				3,227


TOTAL INVESTMENTS IN SECURITIES — 99.82%
(Cost: $5,973,996)^d				5,945,307
Other Assets, Less Liabilities — 0.18%				10,456

NET ASSETS — 100.00%			$	5,955,763

^a	Affiliated issuer. See Schedule 1.

^b	Affiliated money market fund.

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

^d	The cost of investments for federal income tax purposes was $5,986,161. Net unrealized depreciation was $40,854, of which $ — represented gross unrealized appreciation on securities and $40,854 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 99.38%

BRAZIL — 2.57%
Ambev SA		4,491,600	$	22,773,375
BRF SA		306,500		4,680,185
CETIP SA — Mercados Organizados		553,000		7,252,352
Cielo SA		3,508,697		30,828,817
CPFL Energia SA		1,264,000		9,215,149
EDP — Energias do Brasil SA		553,000		2,318,267
Equatorial Energia SA		632,000		9,807,444
Raia Drogasil SA		709,200		13,521,451
TOTVS SA		269,971		1,716,800

				102,113,840
CHILE — 3.63%
Aguas Andinas SA Series A		51,097,969		32,026,101
Banco de Chile		471,008,289		53,416,630
Banco de Credito e Inversiones		102,306		5,126,472
Cia. Cervecerias Unidas SA		270,250		2,719,766
Colbun SA		26,147,417		5,011,928
Empresas COPEC SA		377,653		3,665,375
Enel Generacion Chile SA		7,597,896		4,756,629
SACI Falabella		4,748,489		37,527,914

				144,250,815
CHINA — 22.30%
3SBio Inc.^a,b,c		6,698,000		7,124,016
AAC Technologies Holdings Inc.		2,758,000		24,960,724
Agricultural Bank of China Ltd. Class H		32,308,000		13,536,901
Alibaba Group Holding Ltd. ADR^a		59,100		5,556,582
ANTA Sports Products Ltd.^c		4,728,000		13,867,069
Baidu Inc.^a		53,584		8,945,849
Bank of China Ltd. Class H		80,376,000		36,578,585
Bank of Communications Co. Ltd. Class H		5,408,000		4,155,361
Beijing Capital International Airport Co. Ltd. Class H		9,254,000		9,126,762
Beijing Enterprises Water Group Ltd.^c		3,152,000		2,279,685
China CITIC Bank Corp. Ltd. Class H		8,668,000		5,654,513
China Communications Services Corp. Ltd. Class H		18,912,000		11,142,418


Security	Shares		Value
China Construction Bank Corp. Class H		44,916,000	$	33,469,923
China Everbright Bank Co. Ltd. Class H		24,152,000		11,458,472
China Gas Holdings Ltd.^c		1,444,000		1,910,031
China Huarong Asset Management Co. Ltd.^a,b		7,880,000		3,169,616
China Huishan Dairy Holdings Co. Ltd.^c		81,164,000		30,345,007
China Medical System Holdings Ltd.^c		9,456,000		15,774,934
China Mengniu Dairy Co. Ltd.		8,668,000		17,768,134
China Merchants Port Holdings Co. Ltd.		1,444,000		3,626,452
China Minsheng Banking Corp. Ltd. Class H		2,704,100		3,053,885
China Mobile Ltd.		4,334,000		47,297,880
China Petroleum & Chemical Corp. Class H		27,998,000		19,563,750
China Resources Beer Holdings Co. Ltd.^a		6,304,000		13,344,895
China Resources Gas Group Ltd.^c		6,130,000		18,176,661
China Resources Power Holdings Co. Ltd.		3,006,000		4,944,990
China Telecom Corp. Ltd. Class H		4,728,000		2,285,781
COSCO SHIPPING Ports Ltd.		6,082,000		6,366,903
CSPC Pharmaceutical Group Ltd.		28,368,000		30,464,884
Fullshare Holdings Ltd.		38,785,000		20,650,932
Guangdong Investment Ltd.		36,248,000		50,750,424
Hengan International Group Co. Ltd.^c		3,485,000		27,429,270
Industrial & Commercial Bank of China Ltd. Class H		40,188,000		24,610,238
Jiangsu Expressway Co. Ltd. Class H		24,942,000		33,248,926
Lenovo Group Ltd.^c		7,880,000		4,886,491
Netease Inc.		102,440		22,956,804
New Oriental Education & Technology Group Inc. ADR^a		216,700		10,871,839
PetroChina Co. Ltd. Class H		4,568,000		3,103,577
Semiconductor Manufacturing International Corp.^a,c		162,328,000		21,973,971
Shandong Weigao Group Medical Polymer Co. Ltd. Class H		5,916,000		4,088,074


Security	Shares		Value
Shanghai Lujiazui Finance & Trade Zone Development Co. Ltd. Class B		10,868,000	$	16,899,740
Shanghai Pharmaceuticals Holding Co. Ltd. Class H		3,430,500		8,579,954
Shenzhou International Group Holdings Ltd.		7,316,000		44,990,195
Sino Biopharmaceutical Ltd.		25,216,000		17,294,724
Sinopharm Group Co. Ltd. Class H		913,600		4,263,738
Sun Art Retail Group Ltd.^c		16,154,000		13,703,509
TAL Education Group Class A ADR^a		360,904		27,619,983
Tencent Holdings Ltd.		2,364,000		59,034,093
TravelSky Technology Ltd. Class H		7,092,000		14,866,717
Tsingtao Brewery Co. Ltd. Class H		1,836,000		7,243,024
Want Want China Holdings Ltd.^a		3,940,000		2,514,359
Yum China Holdings Inc.^a		405,032		11,389,500
Zhejiang Expressway Co. Ltd. Class H		25,216,000		26,949,861
Zijin Mining Group Co. Ltd. Class H		4,728,000		1,584,808

				887,455,414
COLOMBIA — 0.15%
Corp. Financiera Colombiana SA		498,119		5,740,634

				5,740,634
CZECH REPUBLIC — 0.54%
CEZ AS		118,200		1,919,789
Komercni Banka AS		327,808		10,847,621
Moneta Money Bank AS^a,b		703,100		2,296,059
O2 Czech Republic AS		686,348		6,304,312

				21,367,781
EGYPT — 0.34%
Commercial International Bank Egypt SAE		3,510,608		13,592,126

				13,592,126
HUNGARY — 0.88%
MOL Hungarian Oil & Gas PLC		204,880		12,804,516
Richter Gedeon Nyrt		1,115,808		22,281,300

				35,085,816


Security	Shares		Value
INDIA — 6.13%
Asian Paints Ltd.		1,870,720	$	26,507,512
Aurobindo Pharma Ltd.		488,560		5,287,521
Cadila Healthcare Ltd.		345,230		2,026,019
Cipla Ltd.		354,600		2,935,273
Coal India Ltd.		545,296		2,458,450
Dabur India Ltd.		6,891,848		28,549,503
Divi’s Laboratories Ltd.		1,012,580		17,367,234
Dr. Reddy’s Laboratories Ltd.		169,420		7,912,741
HCL Technologies Ltd.		771,452		9,059,206
Hindustan Unilever Ltd.		1,141,812		14,078,950
Infosys Ltd.		2,045,648		29,155,040
Lupin Ltd.		173,800		3,820,993
Marico Ltd.		3,267,048		12,058,909
Sun Pharmaceuticals Industries Ltd.		1,549,996		16,073,105
Tata Consultancy Services Ltd.		936,144		31,128,462
Tech Mahindra Ltd.		1,072,468		7,602,183
Titan Co. Ltd.		576,700		2,725,571
Wipro Ltd.		3,709,116		25,210,996

				243,957,668
INDONESIA — 4.48%
Bank Central Asia Tbk PT		39,951,600		42,155,165
Gudang Garam Tbk PT		853,200		4,092,086
Hanjaya Mandala Sampoerna Tbk PT		39,163,600		10,981,124
Indofood CBP Sukses Makmur Tbk PT		9,771,200		6,236,553
Indofood Sukses Makmur Tbk PT		17,808,800		9,954,006
Jasa Marga Persero Tbk PT		5,358,400		1,640,831
Kalbe Farma Tbk PT		169,026,000		18,707,914
Telekomunikasi Indonesia Persero Tbk PT		160,200,400		44,682,347
Tower Bersama Infrastructure Tbk PT		11,583,600		4,743,699
Unilever Indonesia Tbk PT		11,662,400		34,873,179

				178,066,904
MALAYSIA — 7.44%
Berjaya Sports Toto Bhd		2,836,898		1,988,242
DiGi.Com Bhd^c		3,861,200		4,210,489
HAP Seng Consolidated Bhd		1,185,000		2,106,785
Hartalega Holdings Bhd		1,891,200		2,074,984
Hong Leong Bank Bhd		10,165,200		30,272,539


Security	Shares		Value
IHH Healthcare Bhd		40,660,800	$	60,089,852
Malayan Banking Bhd^c		23,324,800		40,580,765
Maxis Bhd^c		21,276,000		28,441,048
Petronas Chemicals Group Bhd		7,486,000		11,448,585
Petronas Dagangan Bhd		1,182,000		6,087,327
Petronas Gas Bhd		6,146,400		28,874,042
Public Bank Bhd		11,820,080		51,822,026
Telekom Malaysia Bhd^c		8,274,000		11,430,940
Tenaga Nasional Bhd		4,334,000		13,625,025
Westports Holdings Bhd		3,239,000		3,169,375

				296,222,024
MEXICO — 3.20%
Arca Continental SAB de CV		4,447,400		23,583,331
Coca-Cola Femsa SAB de CV Series L		697,000		4,409,936
El Puerto de Liverpool SAB de CV Series C1		3,650,420		28,941,247
Fibra Uno Administracion SA de CV		1,634,200		2,536,013
Gruma SAB de CV Series B		748,600		8,995,632
Grupo Aeroportuario del Pacifico SAB de CV Series B		2,836,800		24,278,214
Grupo Aeroportuario del Sureste SAB de CV Series B		500,380		7,263,545
Grupo Bimbo SAB de CV		931,300		2,153,965
Infraestructura Energetica Nova SAB de CV		1,812,400		8,021,569
Wal-Mart de Mexico SAB de CV		9,377,200		17,290,966

				127,474,418
PERU — 1.18%
Cia. de Minas Buenaventura SAA ADR		325,444		3,635,209
Credicorp Ltd.		276,588		43,338,574

				46,973,783
PHILIPPINES — 3.67%
Aboitiz Equity Ventures Inc.		18,644,080		27,461,871
Aboitiz Power Corp.		30,180,400		26,035,374
Bank of the Philippine Islands		14,514,964		26,268,787
BDO Unibank Inc.		10,259,760		23,106,638
Jollibee Foods Corp.		5,074,720		22,021,407
Metropolitan Bank & Trust Co.		5,539,641		8,354,576
Robinsons Land Corp.		3,230,800		1,672,896
Security Bank Corp.		591,000		2,156,978


Security	Shares		Value
Universal Robina Corp.		2,592,520	$	8,857,212

				145,935,739
POLAND — 1.25%
Bank Pekao SA		456,252		12,864,586
Bank Zachodni WBK SA		93,602		6,532,189
Cyfrowy Polsat SA^a		611,832		3,524,706
Eurocash SA		177,891		1,651,583
Grupa Lotos SA^a		334,754		2,945,832
PGE Polska Grupa Energetyczna SA		6,119,608		13,547,062
Polski Koncern Naftowy ORLEN SA		483,085		8,809,973

				49,875,931
QATAR — 2.47%
Commercial Bank QSC (The)		968,453		8,777,037
Doha Bank QSC		435,810		4,021,536
Masraf Al Rayan QSC		265,556		2,465,064
Qatar Electricity & Water Co. QSC		574,452		33,603,833
Qatar Gas Transport Co. Ltd.		500,940		3,177,995
Qatar Insurance Co. SAQ		501,956		11,855,492
Qatar Islamic Bank SAQ		718,656		19,618,369
Qatar National Bank SAQ		365,148		14,932,038

				98,451,364
RUSSIA — 0.28%
Rosneft PJSC		371,300		1,968,480
Rosneft PJSC GDR^d		1,735,682		9,129,687

				11,098,167
SOUTH AFRICA — 1.86%
Bidvest Group Ltd. (The)		431,539		5,009,406
Fortress Income Fund Ltd. Class A		7,974,560		9,227,492
New Europe Property Investments PLC		1,013,368		11,629,755
Pick n Pay Stores Ltd.		2,257,620		10,542,669
SPAR Group Ltd. (The)		819,520		11,072,029
Tiger Brands Ltd.		91,408		2,568,254
Vodacom Group Ltd.		2,321,448		23,953,884

				74,003,489
SOUTH KOREA — 10.02%
AmorePacific Group		59,100		6,521,449
Cheil Worldwide Inc.		218,276		2,791,349


Security	Shares		Value
CJ CheilJedang Corp.		14,972	$	4,917,880
CJ Korea Express Corp.^a,c		59,100		9,301,912
Coway Co. Ltd.		81,164		5,866,608
Dongbu Insurance Co. Ltd.		523,232		32,672,628
E-MART Inc.		29,944		4,815,424
Hyundai Marine & Fire Insurance Co. Ltd.		453,100		14,107,900
Kakao Corp.^c		40,188		2,671,064
Kangwon Land Inc.		833,704		25,423,675
Kia Motors Corp.		261,616		8,369,564
Korea Electric Power Corp.		396,364		15,765,729
KT Corp.		262,836		6,711,137
KT&G Corp.		453,888		40,766,640
LG Display Co. Ltd.		108,744		2,604,535
Lotte Confectionery Co. Ltd.		28,368		4,331,455
Lotte Shopping Co. Ltd.		14,972		2,779,115
NAVER Corp.		55,160		37,652,521
NCsoft Corp.		78,800		18,334,203
S-1 Corp.		373,512		30,320,593
Samsung Electronics Co. Ltd.		14,976		22,366,961
Samsung Fire & Marine Insurance Co. Ltd.		106,380		26,662,110
Samsung Life Insurance Co. Ltd.		302,592		29,507,282
SK Hynix Inc.		333,324		12,231,812
SK Telecom Co. Ltd.		152,872		29,553,118
Yuhan Corp.		10,244		1,726,246

				398,772,910
TAIWAN — 17.47%
Advanced Semiconductor Engineering Inc.		3,074,000		3,303,250
Advantech Co. Ltd.		3,065,481		24,669,654
Asia Cement Corp.		5,516,125		4,854,495
Asustek Computer Inc.		1,851,000		15,331,597
Chicony Electronics Co. Ltd.		10,963,801		25,833,196
China Airlines Ltd.		40,976,828		12,290,606
Chunghwa Telecom Co. Ltd.		17,336,000		58,470,179
Delta Electronics Inc.		2,603,000		13,066,859
EVA Airways Corp.		7,302,643		3,585,679
Far EasTone Telecommunications Co. Ltd.		21,276,000		49,263,289
First Financial Holding Co. Ltd.		65,404,627		34,474,249
Formosa Chemicals & Fibre Corp.		788,300		2,470,780
Formosa Petrochemical Corp.		7,751,000		26,142,268
Formosa Plastics Corp.		6,407,840		18,254,694


Security	Shares		Value
Formosa Taffeta Co. Ltd.		10,905,000	$	10,195,746
Foxconn Technology Co. Ltd.		3,940,331		10,335,132
Hon Hai Precision Industry Co. Ltd.		14,762,125		37,978,673
Hua Nan Financial Holdings Co. Ltd.		57,751,033		29,352,955
Lite-On Technology Corp.		22,852,752		36,064,802
Novatek Microelectronics Corp.		722,000		2,401,155
OBI Pharma Inc.^a		210,000		1,851,410
Powertech Technology Inc.		3,065,000		7,875,741
President Chain Store Corp.		3,073,000		23,091,127
Quanta Computer Inc.		3,152,000		5,874,213
Siliconware Precision Industries Co. Ltd.		15,800,000		23,918,363
Standard Foods Corp.		1,933,497		4,586,088
Synnex Technology International Corp.		16,548,000		16,925,448
TaiMed Biologics Inc.^a		349,000		1,954,523
Taiwan Business Bank		18,206,967		4,609,865
Taiwan Cooperative Financial Holding Co. Ltd.		111,248,321		49,039,592
Taiwan Mobile Co. Ltd.		16,548,000		55,812,443
Taiwan Semiconductor Manufacturing Co. Ltd.		10,244,000		58,816,302
Transcend Information Inc.		3,940,000		10,804,003
United Microelectronics Corp.		8,668,000		3,059,486
WPG Holdings Ltd.		6,970,000		8,626,941

				695,184,803
THAILAND — 6.93%
Advanced Info Service PCL NVDR		2,102,800		8,516,224
Airports of Thailand PCL NVDR		1,712,300		19,292,440
Bangkok Dusit Medical Services PCL NVDR		44,241,800		28,891,491
Bangkok Expressway & Metro PCL		82,403,800		17,899,058
BTS Group Holdings PCL NVDR		118,299,100		28,845,757
Bumrungrad Hospital PCL NVDR		3,508,600		18,880,623
Central Pattana PCL NVDR^c		1,556,100		2,464,150
CP ALL PCL NVDR		17,866,000		30,169,327
Delta Electronics Thailand PCL NVDR		10,133,400		21,513,896
Electricity Generating PCL NVDR		2,726,900		15,209,100
Energy Absolute PCL NVDR^c		6,712,100		5,549,600


Security	Shares		Value
Glow Energy PCL NVDR		4,053,100	$	8,974,198
Home Product Center PCL NVDR		29,419,400		8,492,827
Kasikornbank PCL NVDR^c		1,659,600		7,884,141
KCE Electronics PCL NVDR		5,437,200		18,362,998
Minor International PCL NVDR^c		3,821,700		4,016,697
Robinson Department Store PCL NVDR		3,821,700		7,069,387
Siam Cement PCL (The) Foreign		1,339,600		17,871,596
Thai Oil PCL NVDR		2,885,200		5,983,963

				275,887,473
UNITED ARAB EMIRATES — 2.59%
Abu Dhabi Commercial Bank PJSC		2,064,902		3,485,683
DP World Ltd.		1,126,840		17,499,825
Dubai Islamic Bank PJSC		4,513,664		6,439,577
DXB Entertainments PJSC^a		4,165,670		1,667,243
Emirates Telecommunications Group Co. PJSC		4,498,029		22,840,095
First Gulf Bank PJSC		7,499,954		23,687,182
National Bank of Abu Dhabi PJSC		10,723,892		27,445,876

				103,065,481

TOTAL COMMON STOCKS
(Cost: $3,932,542,636)				3,954,576,580

PREFERRED STOCKS — 0.48%

COLOMBIA — 0.22%
Grupo de Inversiones Suramericana SA		779,333		8,762,210

				8,762,210
RUSSIA — 0.19%
Transneft PJSC		2,799		7,652,550

				7,652,550
SOUTH KOREA — 0.07%
Samsung Electronics Co. Ltd.		2,364		2,742,042

				2,742,042

TOTAL PREFERRED STOCKS
(Cost: $18,030,337)				19,156,802


Security	Shares		Value
RIGHTS — 0.00%

INDONESIA — 0.00%
Jasa Marga Persero Tbk PT^a		382,996	$	7,065

				7,065

TOTAL RIGHTS
(Cost: $0)				7,065

SHORT-TERM INVESTMENTS — 2.58%

MONEY MARKET FUNDS — 2.58%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^e,f,g		102,528,872		102,559,631

				102,559,631

TOTAL SHORT-TERM INVESTMENTS
(Cost: $102,535,449)				102,559,631


TOTAL INVESTMENTS IN SECURITIES — 102.44%
(Cost: $4,053,108,422)^h				4,076,300,078
Other Assets, Less Liabilities — (2.44)%				(96,937,613	)

NET ASSETS — 100.00%			$	3,979,362,465

ADR — American Depositary Receipts

GDR — Global Depositary Receipts

NVDR — Non-Voting Depositary Receipts

^a	Non-income earning security.

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

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

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

^e	Affiliated money market fund.

^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.

^h	The cost of investments for federal income tax purposes was $4,128,027,794. Net unrealized depreciation was $51,727,716, of which $270,469,931 represented gross unrealized appreciation on securities and $322,197,647 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 99.56%

BELGIUM — 0.30%
Colruyt SA		29,681	$	1,501,391
Proximus SADP		159,923		4,525,314
UCB SA		57,351		3,692,862

				9,719,567
CANADA — 3.64%
Agnico Eagle Mines Ltd.		320,732		13,167,043
BCE Inc.		260,927		11,233,872
Fairfax Financial Holdings Ltd.		15,505		7,360,666
First Capital Realty Inc.		181,409		2,746,904
Franco-Nevada Corp.		289,722		16,813,184
Goldcorp Inc.		735,823		9,702,619
Intact Financial Corp.		224,853		15,635,695
RioCan REIT		118,281		2,355,768
Rogers Communications Inc. Class B		93,473		3,607,949
Shaw Communications Inc. Class B		660,430		12,912,914
Silver Wheaton Corp.		132,014		2,399,541
TELUS Corp.		284,776		8,886,807
Thomson Reuters Corp.		230,803		9,954,088

				116,777,050
CHILE — 0.39%
Aguas Andinas SA Series A		4,837,560		3,031,983
Banco de Chile		44,591,828		5,057,119
Empresas COPEC SA		201,845		1,959,041
SACI Falabella		320,289		2,531,285

				12,579,428
CHINA — 2.94%
Agricultural Bank of China Ltd. Class H		7,531,000		3,155,454
ANTA Sports Products Ltd.^a		886,000		2,598,609
Beijing Capital International Airport Co. Ltd. Class H		2,658,000		2,621,454
China Construction Bank Corp. Class H		12,847,000		9,573,161
China Huishan Dairy Holdings Co. Ltd.^a		7,531,000		2,815,636
China Medical System Holdings Ltd.		1,383,000		2,307,184
China Mobile Ltd.		2,305,000		25,154,964


Security	Shares		Value
China Unicom Hong Kong Ltd.		2,658,000	$	3,227,986
COSCO SHIPPING Ports Ltd.^a		1,740,000		1,821,508
CSPC Pharmaceutical Group Ltd.		7,088,000		7,611,925
Fullshare Holdings Ltd.		5,177,500		2,756,741
Guangdong Investment Ltd.		5,316,000		7,442,873
Hengan International Group Co. Ltd.^a		664,500		5,230,057
Industrial & Commercial Bank of China Ltd. Class H		3,101,000		1,898,983
Jiangsu Expressway Co. Ltd. Class H		1,844,000		2,458,144
Shandong Weigao Group Medical Polymer Co. Ltd. Class H		3,688,000		2,548,482
Shenzhou International Group Holdings Ltd.^a		922,000		5,669,896
Zhejiang Expressway Co. Ltd. Class H		1,772,000		1,893,843
Zijin Mining Group Co. Ltd. Class H		10,632,000		3,563,807

				94,350,707
COLOMBIA — 0.05%
Corp. Financiera Colombiana SA		146,984		1,693,935

				1,693,935
CZECH REPUBLIC — 0.05%
Komercni Banka AS		47,401		1,568,565

				1,568,565
DENMARK — 0.79%
Chr Hansen Holding A/S		43,857		2,429,969
Coloplast A/S Class B		158,151		10,054,684
DONG Energy A/S^b,c		144,861		4,946,705
ISS A/S		121,382		4,153,598
William Demant Holding A/S^b		229,097		3,880,564

				25,465,520
EGYPT — 0.05%
Commercial International Bank Egypt SAE		386,196		1,495,247

				1,495,247


Security	Shares		Value
FINLAND — 0.06%
Orion OYJ Class B		41,199	$	1,753,400

				1,753,400
GERMANY — 0.20%
MAN SE		66,450		6,559,813

				6,559,813
HONG KONG — 3.45%
Cheung Kong Infrastructure Holdings Ltd.		922,000		7,702,500
CLP Holdings Ltd.		2,305,000		22,539,917
Hang Seng Bank Ltd.^a		1,373,300		26,026,068
HK Electric Investments & HK Electric Investments Ltd.^c		4,831,500		4,260,533
HKT Trust & HKT Ltd.		4,873,000		6,357,740
Hong Kong & China Gas Co. Ltd.^a		4,342,046		8,083,276
Link REIT		1,383,000		9,521,146
MTR Corp. Ltd.		2,535,500		12,682,975
Power Assets Holdings Ltd.^a		922,000		8,796,065
Yue Yuen Industrial Holdings Ltd.		1,383,000		4,983,447

				110,953,667
INDIA — 0.27%
Wipro Ltd. ADR^a		886,229		8,498,936

				8,498,936
INDONESIA — 0.81%
Bank Central Asia Tbk PT		11,518,000		12,153,285
Hanjaya Mandala Sampoerna Tbk PT		10,413,500		2,919,853
Kalbe Farma Tbk PT		19,049,000		2,108,356
Telekomunikasi Indonesia Persero Tbk PT		22,629,000		6,311,575
Unilever Indonesia Tbk PT		875,900		2,619,137

				26,112,206
IRELAND — 0.38%
Kerry Group PLC Class A		101,004		7,160,501
Paddy Power Betfair PLC		17,277		1,805,253
Ryanair Holdings PLC ADR^b		40,702		3,249,648

				12,215,402
ISRAEL — 0.71%
Azrieli Group Ltd.		79,579		3,472,591
Bank Hapoalim BM		673,360		4,050,101


Security	Shares		Value
Bank Leumi le-Israel BM^b		986,561	$	4,014,281
Mizrahi Tefahot Bank Ltd.^a		265,639		3,721,399
Nice Ltd.		60,248		3,978,923
Teva Pharmaceutical Industries Ltd. ADR		93,030		3,507,231

				22,744,526
ITALY — 0.49%
Snam SpA		4,092,456		15,863,023

				15,863,023
JAPAN — 12.82%
ABC-Mart Inc.		46,100		2,714,740
Ajinomoto Co. Inc.		177,200		3,440,739
ANA Holdings Inc.		2,215,000		6,168,059
Astellas Pharma Inc.		886,000		12,281,689
Benesse Holdings Inc.		138,300		3,683,711
Canon Inc.		753,100		21,553,022
Chugai Pharmaceutical Co. Ltd.		92,200		2,601,457
Daiichi Sankyo Co. Ltd.		265,800		5,556,502
Daiwa House REIT Investment Corp.		443		1,106,868
Eisai Co. Ltd.		92,200		5,347,754
FamilyMart UNY Holdings Co. Ltd.		90,400		5,672,561
FUJIFILM Holdings Corp.		92,200		3,438,131
Japan Airlines Co. Ltd.		230,500		6,847,536
Japan Prime Realty Investment Corp.		1,383		5,643,907
Japan Real Estate Investment Corp.		1,383		7,513,072
Japan Retail Fund Investment Corp.		4,430		9,027,566
Kajima Corp.		443,000		3,118,048
KDDI Corp.		44,300		1,165,963
Keikyu Corp.		922,000		9,944,605
Kintetsu Group Holdings Co. Ltd.		461,000		1,788,249
Konami Holdings Corp.		92,200		3,131,458
Kyowa Hakko Kirin Co. Ltd.		88,600		1,268,991
Lawson Inc.		132,900		9,237,509
LINE Corp.^b		88,600		3,429,075
M3 Inc.		88,600		2,296,159
McDonald’s Holdings Co. Japan Ltd.^a		138,300		3,817,223


Security	Shares		Value
MEIJI Holdings Co. Ltd.		44,300	$	3,545,711
Miraca Holdings Inc.		92,200		4,142,911
Mitsubishi Tanabe Pharma Corp.		414,900		7,832,287
Nagoya Railroad Co. Ltd.		1,329,000		6,543,236
NH Foods Ltd.		50,000		1,292,729
Nippon Building Fund Inc.		443		2,476,555
Nippon Prologis REIT Inc.		2,766		5,750,717
Nippon Telegraph & Telephone Corp.		443,000		17,981,263
Nissin Foods Holdings Co. Ltd.		92,200		4,822,607
Nitori Holdings Co. Ltd.		98,300		10,300,601
Nomura Real Estate Master Fund Inc.		4,873		7,291,645
Nomura Research Institute Ltd.		197,100		6,711,554
NTT Data Corp.		230,500		11,510,334
NTT DOCOMO Inc.		797,400		18,363,049
Obayashi Corp.		221,500		2,114,985
Oracle Corp. Japan		46,100		2,306,113
Oriental Land Co. Ltd./Japan		138,300		7,909,966
Otsuka Corp.		92,200		4,507,034
Otsuka Holdings Co. Ltd.		507,100		20,680,975
Park24 Co. Ltd.		182,600		5,208,215
Recruit Holdings Co. Ltd.		531,600		20,364,509
Sankyo Co. Ltd.		92,200		2,925,122
Santen Pharmaceutical Co. Ltd.		398,700		4,884,683
Secom Co. Ltd.		230,500		16,828,553
Shimadzu Corp.		50,000		764,843
Shionogi & Co. Ltd.		46,100		2,188,784
Suntory Beverage & Food Ltd.		230,500		9,902,124
Taisho Pharmaceutical Holdings Co. Ltd.		46,100		3,948,712
Takeda Pharmaceutical Co. Ltd.		443,000		18,214,533
Terumo Corp.		132,900		4,694,568
Tobu Railway Co. Ltd.		1,383,000		6,651,314
Toho Co. Ltd./Tokyo		138,300		3,987,147
TonenGeneral Sekiyu KK		161,000		1,538,716
Toyo Suisan Kaisha Ltd.		138,300		4,915,661
United Urban Investment Corp.		4,873		7,458,434
USS Co. Ltd.		138,300		2,222,364
Yamada Denki Co. Ltd.		310,100		1,662,829
Yamato Holdings Co. Ltd.		276,600		5,562,586

				411,802,563


Security	Shares		Value
MALAYSIA — 0.84%
Hong Leong Bank Bhd		1,107,500	$	3,298,197
IHH Healthcare Bhd		2,392,200		3,535,271
Malayan Banking Bhd^a		2,405,400		4,184,943
Maxis Bhd^a		3,050,800		4,078,208
Petronas Dagangan Bhd		354,400		1,825,168
Public Bank Bhd^a		1,571,560		6,890,091
Telekom Malaysia Bhd^a		2,174,900		3,004,732

				26,816,610
PHILIPPINES — 0.41%
Aboitiz Equity Ventures Inc.		1,829,590		2,694,902
Bank of the Philippine Islands		1,360,019		2,461,325
BDO Unibank Inc.		2,839,630		6,395,306
Jollibee Foods Corp.		379,250		1,645,730

				13,197,263
POLAND — 0.05%
Polski Koncern Naftowy ORLEN SA		93,952		1,713,393

				1,713,393
QATAR — 0.26%
Qatar National Bank SAQ		201,732		8,249,449

				8,249,449
SINGAPORE — 1.08%
SATS Ltd.		1,284,700		4,314,023
Singapore Airlines Ltd.^a		1,064,400		7,430,885
Singapore Press Holdings Ltd.^a		1,439,500		3,768,588
Singapore Telecommunications Ltd.		6,290,600		16,600,439
StarHub Ltd.^a		1,294,900		2,603,541

				34,717,476
SOUTH KOREA — 0.87%
CJ Korea Express Corp.^a,b		13,733		2,161,475
Dongbu Insurance Co. Ltd.		48,730		3,042,890
Kangwon Land Inc.		144,861		4,417,514
Kia Motors Corp.		54,046		1,729,028
KT&G Corp.		17,277		1,551,760
NAVER Corp.		2,658		1,814,365


Security	Shares		Value
S-1 Corp.		33,225	$	2,697,107
Samsung Fire & Marine Insurance Co. Ltd.		15,062		3,775,002
Samsung Life Insurance Co. Ltd.		19,935		1,943,963
SK Telecom Co. Ltd.		25,251		4,881,507

				28,014,611
SPAIN — 0.04%
Amadeus IT Holding SA Class A		30,427		1,380,163

				1,380,163
SWITZERLAND — 3.93%
Chocoladefabriken Lindt & Sprungli AG Registered		116		6,731,223
EMS-Chemie Holding AG Registered		6,645		3,401,922
Givaudan SA Registered		922		1,640,076
Kuehne + Nagel International AG Registered		89,486		11,666,167
Nestle SA Registered		448,316		30,103,386
Novartis AG Registered		230,019		15,862,990
Roche Holding AG		84,230		18,745,340
Schindler Holding AG Registered		35,883		6,284,324
Sonova Holding AG Registered		83,284		10,048,205
Swiss Prime Site AG Registered		62,146		5,075,882
Swisscom AG Registered		38,984		16,628,428

				126,187,943
TAIWAN — 4.01%
Asustek Computer Inc.		922,000		7,636,809
Chang Hwa Commercial Bank Ltd.		8,307,630		4,444,046
Chicony Electronics Co. Ltd.		930,504		2,192,478
Chunghwa Telecom Co. Ltd.		6,915,000		23,322,640
E.Sun Financial Holding Co. Ltd.		7,531,000		4,371,208
Far EasTone Telecommunications Co. Ltd.		2,766,000		6,404,505
First Financial Holding Co. Ltd.		16,391,328		8,639,736


Security	Shares		Value
Formosa Petrochemical Corp.		1,844,000	$	6,219,371
Hon Hai Precision Industry Co. Ltd.		3,035,400		7,809,205
Hua Nan Financial Holdings Co. Ltd.		12,404,487		6,304,794
Mega Financial Holding Co. Ltd.		9,220,000		6,580,962
Quanta Computer Inc.		922,000		1,718,282
Siliconware Precision Industries Co. Ltd.		3,987,000		6,035,602
Synnex Technology International Corp.		2,417,250		2,472,386
Taiwan Business Bank		7,779,322		1,969,665
Taiwan Cooperative Financial Holding Co. Ltd.		14,348,538		6,325,007
Taiwan Mobile Co. Ltd.		3,227,000		10,883,899
Taiwan Semiconductor Manufacturing Co. Ltd.		2,305,000		13,234,242
WPG Holdings Ltd.		1,844,000		2,282,364

				128,847,201
THAILAND — 0.79%
Advanced Info Service PCL NVDR		1,117,200		4,524,598
Bangkok Dusit Medical Services PCL NVDR		6,627,100		4,327,735
BTS Group Holdings PCL NVDR		11,534,800		2,812,617
Bumrungrad Hospital PCL NVDR^a		643,600		3,463,367
CP ALL PCL NVDR		1,200,300		2,026,880
KCE Electronics PCL NVDR		575,900		1,944,981
Krung Thai Bank PCL NVDR		6,618,700		3,264,876
Siam Cement PCL (The) Foreign		221,500		2,955,030

				25,320,084
UNITED ARAB EMIRATES — 0.25%
Emirates Telecommunications Group Co. PJSC		1,010,412		5,130,671
National Bank of Abu Dhabi PJSC		1,116,360		2,857,123

				7,987,794


Security	Shares		Value
UNITED KINGDOM — 1.86%
AstraZeneca PLC		44,300	$	2,296,683
Capita PLC		115,865		759,275
Compass Group PLC		502,805		8,612,687
easyJet PLC		17,547		217,040
Fresnillo PLC		279,533		4,190,983
GlaxoSmithKline PLC		566,154		10,578,464
Inmarsat PLC		11,613		103,088
Kingfisher PLC		1,393,235		6,146,441
Next PLC		4,979		305,066
Randgold Resources Ltd.		122,451		8,720,448
Reckitt Benckiser Group PLC		84,170		7,112,108
Royal Mail PLC		827,081		4,842,303
TUI AG		448,316		5,903,729

				59,788,315
UNITED STATES — 57.77%
Abbott Laboratories		325,162		12,378,917
Accenture PLC Class A		31,471		3,758,582
Adobe Systems Inc.^b		26,580		2,732,690
Advance Auto Parts Inc.		11,105		1,884,741
Aetna Inc.		74,424		9,737,636
AGNC Investment Corp.		571,168		10,657,995
Alleghany Corp.^b		18,384		10,441,193
Allstate Corp. (The)		182,073		12,730,544
Altria Group Inc.		328,706		21,014,175
American Tower Corp.		24,808		2,537,114
American Water Works Co. Inc.		97,017		7,030,822
Annaly Capital Management Inc.		1,734,788		17,729,533
ANSYS Inc.^b		150,620		14,162,799
Aon PLC		60,248		6,874,297
Aramark		109,864		3,780,420
Arch Capital Group Ltd.^b		224,158		18,542,350
AT&T Inc.		978,144		37,785,703
Automatic Data Processing Inc.		483,313		46,407,714
AutoZone Inc.^b		40,691		31,868,377
AvalonBay Communities Inc.		146,633		24,119,662
Axis Capital Holdings Ltd.		173,213		10,567,725
Baxter International Inc.		211,754		9,395,525
Becton Dickinson and Co.		148,405		25,095,286
Berkshire Hathaway Inc. Class B^b		138,797		21,852,200


Security	Shares		Value
Boston Scientific Corp.^b		132,457	$	2,710,070
Broadridge Financial Solutions Inc.		104,991		6,797,117
Campbell Soup Co.		129,356		7,359,063
CH Robinson Worldwide Inc.		153,626		11,498,906
Charter Communications Inc. Class A^b		8,417		2,317,284
Chipotle Mexican Grill Inc.^a,b		4,430		1,755,742
Chubb Ltd.		110,307		14,119,296
Church & Dwight Co. Inc.		438,750		19,212,863
Cigna Corp.		11,075		1,492,246
Cincinnati Financial Corp.		104,991		8,057,009
Cintas Corp.		112,433		12,884,822
Cisco Systems Inc.		191,131		5,699,526
Clorox Co. (The)		184,636		21,336,536
Coca-Cola Co. (The)		445,215		17,964,425
Colgate-Palmolive Co.		449,202		29,301,446
Comcast Corp. Class A		92,587		6,435,722
Consolidated Edison Inc.		494,388		34,493,451
Constellation Brands Inc. Class A		33,225		5,021,627
Cooper Companies Inc. (The)		9,303		1,530,250
Costco Wholesale Corp.		41,654		6,252,682
CR Bard Inc.		96,574		20,333,656
Crown Castle International Corp.		107,206		8,947,413
CVS Health Corp.		52,274		4,019,348
Danaher Corp.		69,994		5,471,431
Darden Restaurants Inc.		38,541		2,825,055
Dominion Resources Inc./VA		279,533		20,486,974
Dr Pepper Snapple Group Inc.		107,206		9,299,048
Duke Energy Corp.		322,504		23,791,120
eBay Inc.^b		106,440		2,960,096
Ecolab Inc.		26,359		3,076,886
Eli Lilly & Co.		283,963		19,059,597
Equity Residential		128,470		7,709,485
Essex Property Trust Inc.		13,410		2,895,487
Everest Re Group Ltd.		63,632		13,397,718
Eversource Energy		76,196		3,933,238
Expeditors International of Washington Inc.		236,473		12,471,586
Exxon Mobil Corp.		341,110		29,778,903
F5 Networks Inc.^b		16,391		2,307,033


Security	Shares		Value
Facebook Inc. Class A^b		41,199	$	4,878,786
Federal Realty Investment Trust		106,320		14,929,454
Fidelity National Information Services Inc.		121,382		9,369,477
FNF Group		123,597		3,947,688
Foot Locker Inc.		79,297		5,683,216
Gartner Inc.^b		142,203		14,621,312
General Mills Inc.		622,415		37,929,970
Genuine Parts Co.		37,655		3,623,541
Henry Schein Inc.^b		73,095		10,888,231
Hershey Co. (The)		40,756		3,938,660
Home Depot Inc. (The)		53,160		6,878,904
Hormel Foods Corp.		141,760		4,853,862
Humana Inc.		23,036		4,898,375
Intel Corp.		79,740		2,766,978
International Business Machines Corp.		79,579		12,909,305
Intuitive Surgical Inc.^b		32,782		21,103,085
JB Hunt Transport Services Inc.		47,844		4,562,882
JM Smucker Co. (The)		70,880		8,927,336
Johnson & Johnson		419,078		46,643,381
Kellogg Co.		349,084		25,134,048
Kimberly-Clark Corp.		130,242		15,057,278
Laboratory Corp. of America Holdings^b		105,434		13,268,869
Linear Technology Corp.		23,036		1,440,441
Lowe’s Companies Inc.		64,678		4,563,033
Macerich Co. (The)		94,874		6,440,996
Markel Corp.^b		23,922		21,490,090
Marsh & McLennan Companies Inc.		301,240		20,878,944
MasterCard Inc. Class A		43,414		4,436,911
McCormick & Co. Inc./MD		194,477		17,736,302
McDonald’s Corp.		302,126		36,034,568
Medtronic PLC		162,581		11,870,039
Merck & Co. Inc.		400,472		24,504,882
Microsoft Corp.		39,427		2,375,871
Motorola Solutions Inc.		190,047		15,251,272
Newmont Mining Corp.		136,887		4,440,614
NextEra Energy Inc.		37,003		4,226,853
O’Reilly Automotive Inc.^b		31,896		8,755,452
Occidental Petroleum Corp.		93,916		6,701,846
Oracle Corp.		68,222		2,741,842


Security	Shares		Value
Patterson Companies Inc.		100,561	$	3,895,733
Paychex Inc.		531,157		31,311,705
People’s United Financial Inc.		528,056		9,885,208
PepsiCo Inc.		297,253		29,755,025
Pfizer Inc.		626,402		20,132,560
PG&E Corp.		371,677		21,854,608
Procter & Gamble Co. (The)		459,391		37,881,382
Public Storage		91,145		19,076,649
Raytheon Co.		56,261		8,413,270
Realty Income Corp.^a		103,662		5,747,021
RenaissanceRe Holdings Ltd.		57,768		7,542,190
Republic Services Inc.		408,446		22,664,669
Reynolds American Inc.		63,792		3,451,147
Ross Stores Inc.		59,805		4,042,220
SCANA Corp.		39,870		2,812,031
Sherwin-Williams Co. (The)		6,202		1,666,291
Simon Property Group Inc.^a		20,325		3,651,386
Southern Co. (The)		733,165		34,326,785
Starbucks Corp.		206,438		11,967,211
Stryker Corp.		128,027		14,551,549
Synopsys Inc.^b		255,611		15,459,353
Sysco Corp.		66,893		3,562,052
Target Corp.		224,158		17,313,964
TJX Companies Inc. (The)		315,416		24,709,689
Travelers Companies Inc. (The)		115,180		13,055,653
UDR Inc.		264,681		9,009,741
United Parcel Service Inc. Class B		162,138		18,795,037
UnitedHealth Group Inc.		90,372		14,307,695
Varian Medical Systems Inc.^a,b		170,555		15,320,956
Ventas Inc.		114,318		6,907,094
Verizon Communications Inc.		681,777		34,020,672
Visa Inc. Class A		285,292		22,058,777
VMware Inc. Class A^a,b		74,867		6,074,708
Wal-Mart Stores Inc.		282,634		19,905,913
Waste Management Inc.		416,863		28,980,316
Waters Corp.^b		21,749		2,926,763


Security	Shares		Value
WEC Energy Group Inc.		334,465	$	18,733,385
Wells Fargo & Co.		106,763		5,649,898
Welltower Inc.		158,151		9,928,720
Westar Energy Inc.		46,072		2,624,261
WR Berkley Corp.		174,099		10,757,577
Xcel Energy Inc.		465,593		18,162,783

				1,855,688,398

TOTAL COMMON STOCKS (Cost: $2,993,308,295)				3,198,062,255

PREFERRED STOCKS — 0.05%

COLOMBIA — 0.05%
Grupo Aval Acciones y Valores SA		4,378,169		1,668,998

				1,668,998

TOTAL PREFERRED STOCKS (Cost: $1,819,814)				1,668,998

SHORT-TERM INVESTMENTS — 2.30%

MONEY MARKET FUNDS — 2.30%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^d,e,f		70,741,100		70,762,322
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^d,e		3,065,971		3,065,971

				73,828,293

TOTAL SHORT-TERM INVESTMENTS (Cost: $73,808,223)				73,828,293


TOTAL INVESTMENTS IN SECURITIES — 101.91% (Cost: $3,068,936,332)^g				3,273,559,546
Other Assets, Less Liabilities — (1.91)%				(61,365,908	)

NET ASSETS — 100.00%			$	3,212,193,638

ADR — American Depositary Receipts

NVDR — Non-Voting Depositary Receipts

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

^b	Non-income earning security.

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

^d	Affiliated money market fund.

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


Security	Shares		Value
COMMON STOCKS — 85.11%

BRAZIL — 6.80%
AES Tiete Energia SA		12,800	$	55,627
BB Seguridade Participacoes SA		49,600		414,836
Centrais Eletricas Brasileiras SA^a		16,800		127,397
CETIP SA - Mercados Organizados		19,200		251,800
Cia. de Saneamento Basico do Estado de Sao Paulo		23,200		205,491
EDP - Energias do Brasil SA		20,800		87,197
M. Dias Branco SA		2,400		83,016
Multiplan Empreendimentos Imobiliarios SA		5,600		96,239
Odontoprev SA		22,400		77,481
Porto Seguro SA		9,600		81,227
Qualicorp SA		12,800		69,440
Raia Drogasil SA		18,400		350,810
Sul America SA		15,200		84,347

				1,984,908
CHINA — 33.29%
AAC Technologies Holdings Inc.		60,000		543,018
Alibaba Group Holding Ltd. ADR^a		1,784		167,732
ANTA Sports Products Ltd.		80,000		234,637
Beijing Capital International Airport Co. Ltd. Class H		128,000		126,240
China Communications Services Corp. Ltd. Class H		208,000		122,548
China Conch Venture Holdings Ltd.		108,000		199,106
China Construction Bank Corp. Class H		704,000		524,598
China Everbright Ltd.		80,000		161,513
China Jinmao Holdings Group Ltd.		320,000		85,810
China Medical System Holdings Ltd.		104,000		173,498
China Resources Beer Holdings Co. Ltd.^a		112,000		237,092
China Resources Land Ltd.		192,000		466,346
Chongqing Changan Automobile Co. Ltd. Class B		50,400		76,022
Chongqing Rural Commercial Bank Co. Ltd. Class H		184,000		114,812
COSCO SHIPPING Ports Ltd.		112,000		117,246
Dongfeng Motor Group Co. Ltd. Class H		208,000		211,576
Far East Horizon Ltd.		152,000		137,369


Security	Shares		Value
Fosun International Ltd.		160,000	$	237,216
Fullshare Holdings Ltd.		525,000		279,534
Fuyao Glass Industry Group Co. Ltd.^b		6,400		19,472
Geely Automobile Holdings Ltd.		400,000		413,581
Guangdong Investment Ltd.		224,000		313,620
Guangzhou Automobile Group Co. Ltd. Class H		160,000		209,575
Haitian International Holdings Ltd.		48,000		95,918
Jiangsu Expressway Co. Ltd. Class H		112,000		149,302
Longfor Properties Co. Ltd.		124,000		159,383
Netease Inc.		3,144		704,570
New Oriental Education & Technology Group Inc. ADR^a		10,248		514,142
Nine Dragons Paper (Holdings) Ltd.		120,000		105,355
Shandong Weigao Group Medical Polymer Co. Ltd. Class H		160,000		110,563
Shanghai Industrial Holdings Ltd.		40,000		112,677
Shanghai Pharmaceuticals Holding Co. Ltd. Class H		58,400		146,063
Shenzhou International Group Holdings Ltd.		48,000		295,179
Sino Biopharmaceutical Ltd.		368,000		252,398
Sinopec Engineering Group Co. Ltd. Class H		92,000		79,467
Sinopharm Group Co. Ltd. Class H		80,000		373,357
Sinotrans Ltd. Class H		240,000		120,052
Sunac China Holdings Ltd.		144,000		109,346
Sunny Optical Technology Group Co. Ltd.		56,000		281,926
TAL Education Group Class A ADR^a		3,464		265,100
Tencent Holdings Ltd.		16,800		419,532
TravelSky Technology Ltd. Class H		56,000		117,391
Weibo Corp. ADR^a		2,568		131,764

				9,715,646
CZECH REPUBLIC — 0.42%
Moneta Money Bank AS^a,b		22,536		73,594
O2 Czech Republic AS		5,368		49,307

				122,901
HUNGARY — 0.97%
MOL Hungarian Oil & Gas PLC		616		38,498
Richter Gedeon Nyrt		12,175		243,120

				281,618


Security	Shares		Value
INDONESIA — 0.97%
Adaro Energy Tbk PT		1,365,600	$	154,169
Bank Danamon Indonesia Tbk PT		185,600		44,508
Waskita Karya Persero Tbk PT		452,000		85,047

				283,724
MALAYSIA — 0.37%
AirAsia Bhd		105,600		65,261
Berjaya Sports Toto Bhd		60,000		42,051

				107,312
MEXICO — 1.35%
Gentera SAB de CV		74,400		117,637
Grupo Aeroportuario del Pacifico SAB de CV Series B		26,400		225,940
OHL Mexico SAB de CV^a		57,600		49,743

				393,320
PERU — 0.64%
Cia. de Minas Buenaventura SAA ADR		16,736		186,941

				186,941
PHILIPPINES — 0.20%
Robinsons Land Corp.		110,400		57,165

				57,165
POLAND — 0.32%
Enea SA^a		2,221		4,927
Eurocash SA		4,648		43,153
Tauron Polska Energia SA^a		72,816		46,031

				94,111
QATAR — 1.13%
Qatar Electricity & Water Co. QSC		1,496		87,512
Qatar Insurance Co. SAQ		10,192		240,720

				328,232
RUSSIA — 5.66%
Alrosa PJSC		194,400		281,447
Inter RAO UES PJSC		2,312,000		137,700
Lukoil PJSC		1,008		49,280
Moscow Exchange MICEX-RTS PJSC		90,400		167,123
PhosAgro PJSC GDR^c		2,360		32,450
RusHydro PJSC		10,736,000		159,606
Surgutneftegas OJSC		538,400		249,544
Tatneft PJSC Class S		95,280		575,590

				1,652,740


Security	Shares		Value
SOUTH AFRICA — 7.14%
Bidvest Group Ltd. (The)		24,864	$	288,627
Brait SE^a		17,960		109,031
Capitec Bank Holdings Ltd.		2,752		127,589
Coronation Fund Managers Ltd.		16,080		82,313
Gold Fields Ltd.		62,352		198,264
Hyprop Investments Ltd.		22,384		180,349
Liberty Holdings Ltd.		7,552		59,646
Life Healthcare Group Holdings Ltd.		77,960		172,525
Mondi Ltd.		9,736		196,632
Netcare Ltd.		83,584		186,163
Pick n Pay Stores Ltd.		26,856		125,413
Sibanye Gold Ltd.		57,320		119,207
SPAR Group Ltd. (The)		14,928		201,683
Tiger Brands Ltd.		640		17,982
Tsogo Sun Holdings Ltd.		9,312		18,728

				2,084,152
SOUTH KOREA — 12.22%
BGF retail Co. Ltd.		1,568		116,690
BNK Financial Group Inc.		19,600		150,221
DGB Financial Group Inc.		12,400		101,508
Dongbu Insurance Co. Ltd.		3,656		228,295
E-MART Inc.		1,264		203,269
GS Retail Co. Ltd.		2,312		93,544
Hanwha Life Insurance Co. Ltd.		11,192		63,760
Hanwha Techwin Co. Ltd.		3,184		130,323
Hyosung Corp.		1,688		200,703
Hyundai Department Store Co. Ltd.		1,184		109,381
Hyundai Engineering & Construction Co. Ltd.		5,920		199,266
Hyundai Marine & Fire Insurance Co. Ltd.		4,763		148,303
Hyundai Steel Co.		6,344		270,789
KT&G Corp.		6,008		539,618
Kumho Petrochemical Co. Ltd.		1,464		91,418
Lotte Chemical Corp.		1,248		343,212
Samsung Electronics Co. Ltd.		320		477,926
Yuhan Corp.		589		99,254

				3,567,480
TAIWAN — 11.13%
Chicony Electronics Co. Ltd.		40,200		94,720
China Life Insurance Co. Ltd./Taiwan		256,000		273,084


Security	Shares		Value
Feng TAY Enterprise Co. Ltd.		26,880	$	100,780
Foxconn Technology Co. Ltd.		72,720		190,738
Highwealth Construction Corp.		64,000		95,981
Innolux Corp.		632,000		218,116
Inventec Corp.		176,000		118,997
Lite-On Technology Corp.		160,718		253,635
Micro-Star International Co. Ltd.		56,000		149,343
Nien Made Enterprise Co. Ltd.		16,000		179,211
Novatek Microelectronics Corp.		40,000		133,028
Phison Electronics Corp.		8,000		61,118
Powertech Technology Inc.		56,000		143,896
Realtek Semiconductor Corp.		40,000		124,243
Ruentex Development Co. Ltd.^a		64,000		76,504
Ruentex Industries Ltd.		32,000		58,733
Taiwan Business Bank		478,800		121,228
Taiwan Fertilizer Co. Ltd.		24,000		30,534
Taiwan Semiconductor Manufacturing Co. Ltd.		80,000		459,323
Transcend Information Inc.		16,000		43,874
Vanguard International Semiconductor Corp.		40,000		75,424
Wistron Corp.		123,110		88,065
WPG Holdings Ltd.		128,000		158,429

				3,249,004
THAILAND — 0.79%
KCE Electronics PCL NVDR		29,600		99,968
Robinson Department Store PCL NVDR		37,600		69,552
Thai Union Group PCL NVDR		107,200		62,194

				231,714
TURKEY — 0.27%
Turkiye Sise ve Cam Fabrikalari AS		80,506		77,951

				77,951
UNITED ARAB EMIRATES — 1.44%
Aldar Properties PJSC		240,000		162,054
Dubai Islamic Bank PJSC		88,424		126,153
Emirates Telecommunications Group Co. PJSC		25,752		130,764

				418,971

TOTAL COMMON STOCKS (Cost: $23,310,156)				24,837,890


Security	Shares		Value
PREFERRED STOCKS — 5.99%

BRAZIL — 3.29%
Braskem SA Class A		11,200	$	91,057
Centrais Eletricas Brasileiras SA Class B		17,600		147,408
Cia. Paranaense de Energia Class B		8,000		68,470
Itausa-Investimentos Itau SA		256,890		653,902

				960,837
CHILE — 0.01%
Embotelladora Andina SA Class B		606		2,271

				2,271
RUSSIA — 0.93%
Surgutneftegas OJSC		558,400		272,823

				272,823
SOUTH KOREA — 1.76%
LG Household & Health Care Ltd.		136		57,992
Samsung Electronics Co. Ltd.		392		454,687

				512,679

TOTAL PREFERRED STOCKS (Cost: $1,559,900)				1,748,610

INVESTMENT COMPANIES — 7.62%

INDIA — 7.62%
iShares MSCI India ETF^d		82,618		2,224,903

				2,224,903


TOTAL INVESTMENT COMPANIES
(Cost: $2,269,322)				2,224,903

SHORT-TERM INVESTMENTS — 0.03%

MONEY MARKET FUNDS — 0.03%
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^e,f		7,090		7,090

				7,090

TOTAL SHORT-TERM INVESTMENTS (Cost: $7,090)				7,090


	Value
TOTAL INVESTMENTS IN SECURITIES — 98.75% (Cost: $27,146,468)^g	$	28,818,493
Other Assets, Less Liabilities — 1.25%		365,209

NET ASSETS — 100.00%	$	29,183,702

ADR — American Depositary Receipts

GDR — Global Depositary Receipts

NVDR — Non-Voting Depositary Receipts

^a	Non-income earning security.

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

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

^d	Affiliated issuer. See Schedule 1.

^e	Affiliated money market fund.

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

^g	The cost of investments for federal income tax purposes was $27,171,740. Net unrealized appreciation was $1,646,753, of which $2,317,692 represented gross unrealized appreciation on securities and $670,939 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 99.06%

AIRLINES — 0.13%
Qantas Airways Ltd.		949,701	$	2,315,565

				2,315,565
BANKS — 33.97%
Australia & New Zealand Banking Group Ltd.		5,795,446		121,650,606
Bank of Queensland Ltd.		754,288		6,264,115
Bendigo & Adelaide Bank Ltd.		914,424		8,141,245
Commonwealth Bank of Australia		3,395,605		197,320,438
National Australia Bank Ltd.		5,260,054		112,433,263
Westpac Banking Corp.		6,624,677		153,055,439

				598,865,106
BEVERAGES — 1.12%
Coca-Cola Amatil Ltd.		1,134,019		8,035,171
Treasury Wine Estates Ltd.		1,461,346		11,650,127

				19,685,298
BIOTECHNOLOGY — 3.71%
CSL Ltd.		903,301		65,405,572

				65,405,572
CAPITAL MARKETS — 2.91%
ASX Ltd.		383,276		13,779,705
Macquarie Group Ltd.		606,416		37,591,425

				51,371,130
CHEMICALS — 0.97%
Incitec Pivot Ltd.		3,340,228		7,773,970
Orica Ltd.		742,278		9,312,375

				17,086,345
COMMERCIAL SERVICES & SUPPLIES — 1.55%
Brambles Ltd.		3,140,098		27,330,317

				27,330,317
CONSTRUCTION & ENGINEERING — 0.25%
CIMIC Group Ltd.		192,586		4,385,444

				4,385,444
CONSTRUCTION MATERIALS — 1.22%
Boral Ltd.		2,135,301		7,935,664
James Hardie Industries PLC		882,207		13,570,861

				21,506,525
CONTAINERS & PACKAGING — 1.38%
Amcor Ltd./Australia		2,292,866		24,360,923

				24,360,923


Security	Shares		Value
DIVERSIFIED FINANCIAL SERVICES — 1.66%
AMP Ltd.		5,855,673	$	20,334,376
Challenger Ltd./Australia		1,131,068		8,900,092

				29,234,468
DIVERSIFIED TELECOMMUNICATION SERVICES — 2.17%
Telstra Corp. Ltd.		8,471,441		31,608,570
TPG Telecom Ltd.		671,084		3,540,228
Vocus Communications Ltd.		1,039,183		3,201,727

				38,350,525
ELECTRIC UTILITIES — 0.22%
AusNet Services		3,529,412		3,872,443

				3,872,443
EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) — 8.12%
Dexus Property Group		1,916,324		12,912,786
Goodman Group		3,542,068		17,481,936
GPT Group (The)		3,559,558		12,729,098
Mirvac Group		7,338,102		11,114,599
Scentre Group		10,540,940		33,021,848
Stockland		4,761,447		15,232,915
Vicinity Centres		6,661,670		14,372,163
Westfield Corp.		3,908,454		26,394,132

				143,259,477
FOOD & STAPLES RETAILING — 6.33%
Wesfarmers Ltd.		2,229,493		68,822,545
Woolworths Ltd.		2,531,662		42,816,158

				111,638,703
GAS UTILITIES — 0.74%
APA Group		2,206,084		12,990,819

				12,990,819
HEALTH CARE EQUIPMENT & SUPPLIES — 0.56%
Cochlear Ltd.		113,448		9,949,557

				9,949,557
HEALTH CARE PROVIDERS & SERVICES — 1.87%
Healthscope Ltd.		3,436,421		5,712,748
Ramsay Health Care Ltd.		280,054		14,651,853
Sonic Healthcare Ltd.		782,079		12,596,889

				32,961,490
HOTELS, RESTAURANTS & LEISURE — 2.36%
Aristocrat Leisure Ltd.		1,072,154		11,882,412
Crown Resorts Ltd.		721,519		6,258,526
Domino’s Pizza Enterprises Ltd.		122,010		6,110,168
Flight Centre Travel Group Ltd.^a		109,921		2,712,585


Security	Shares		Value
Tabcorp Holdings Ltd.		1,647,919	$	5,710,378
Tatts Group Ltd.		2,900,638		8,979,740

				41,653,809
INSURANCE — 4.33%
Insurance Australia Group Ltd.		4,813,609		19,881,026
Medibank Pvt Ltd.		5,452,323		10,473,965
QBE Insurance Group Ltd.		2,714,815		22,405,239
Suncorp Group Ltd.		2,547,188		23,524,868

				76,285,098
IT SERVICES — 0.45%
Computershare Ltd.		919,365		7,879,563

				7,879,563
MEDIA — 0.23%
REA Group Ltd.		104,211		3,974,548

				3,974,548
METALS & MINING — 12.07%
Alumina Ltd.		4,846,240		5,925,965
BHP Billiton Ltd.		6,358,444		114,676,600
Fortescue Metals Group Ltd.		3,082,319		13,368,167
Newcrest Mining Ltd.		1,517,524		21,908,685
Rio Tinto Ltd.		839,808		35,833,413
South32 Ltd.		10,539,883		21,103,829

				212,816,659
MULTI-UTILITIES — 1.65%
AGL Energy Ltd.		1,335,783		20,706,065
DUET Group		4,817,763		8,471,856

				29,177,921
MULTILINE RETAIL — 0.22%
Harvey Norman Holdings Ltd.		1,100,572		3,862,498

				3,862,498
OIL, GAS & CONSUMABLE FUELS — 4.63%
Caltex Australia Ltd.		516,348		11,464,184
Oil Search Ltd.		2,713,138		12,929,680
Origin Energy Ltd.		3,471,332		15,234,871
Santos Ltd.		3,162,065		9,181,624
Woodside Petroleum Ltd.		1,501,071		32,850,537

				81,660,896
PROFESSIONAL SERVICES — 0.41%
Seek Ltd.		654,150		7,157,949

				7,157,949
REAL ESTATE MANAGEMENT & DEVELOPMENT — 0.62%
LendLease Group		1,095,217		11,013,224

				11,013,224


Security	Shares		Value
ROAD & RAIL — 0.85%
Aurizon Holdings Ltd.		4,062,006	$	14,946,038

				14,946,038
TRANSPORTATION INFRASTRUCTURE — 2.36%
Sydney Airport		2,182,539		10,126,931
Transurban Group		4,044,174		31,493,913

				41,620,844

TOTAL COMMON STOCKS (Cost: $2,058,747,103)				1,746,618,754

SHORT-TERM INVESTMENTS — 0.16%

MONEY MARKET FUNDS — 0.16%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^b,c,d		2,167,397		2,168,048
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^b,c		539,067		539,067

				2,707,115

TOTAL SHORT-TERM INVESTMENTS (Cost: $2,706,537)				2,707,115

TOTAL INVESTMENTS IN SECURITIES — 99.22%
(Cost: $2,061,453,640)^e				1,749,325,869
Other Assets, Less Liabilities — 0.78%				13,813,131

NET ASSETS — 100.00%			$	1,763,139,000

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

^b	Affiliated money market fund.

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

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

^e	The cost of investments for federal income tax purposes was $2,132,439,299. Net unrealized depreciation was $383,113,430, of which $41,269,473 represented gross unrealized appreciation on securities and $424,382,903 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 99.30%

AEROSPACE & DEFENSE — 0.89%
FACC AG^a		117,097	$	676,980

				676,980
AIR FREIGHT & LOGISTICS — 3.32%
Oesterreichische Post AG		77,858		2,524,004

				2,524,004
BANKS — 23.04%
Erste Group Bank AG		504,662		14,047,461
Raiffeisen Bank International AG^a		188,899		3,443,599

				17,491,060
CHEMICALS — 3.28%
Lenzing AG		19,486		2,490,825

				2,490,825
CONSTRUCTION & ENGINEERING — 1.48%
Porr AG		29,930		1,122,829

				1,122,829
CONSTRUCTION MATERIALS — 6.74%
RHI AG		68,938		1,666,254
Wienerberger AG		194,641		3,449,167

				5,115,421
ELECTRIC UTILITIES — 1.62%
EVN AG		108,072		1,229,543

				1,229,543
ELECTRICAL EQUIPMENT — 1.80%
Zumtobel Group AG		78,591		1,370,591

				1,370,591
ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS — 2.43%
Austria Technologie & Systemtechnik AG^b		89,907		952,207
Kapsch TrafficCom AG		20,807		890,608

				1,842,815
ENERGY EQUIPMENT & SERVICES — 2.60%
Schoeller-Bleckmann Oilfield Equipment AG		27,751		1,973,540

				1,973,540
HOTELS, RESTAURANTS & LEISURE — 1.53%
DO & CO AG^b		19,190		1,158,299

				1,158,299


Security	Shares		Value
INSURANCE — 5.28%
UNIQA Insurance Group AG		301,201	$	2,074,285
Vienna Insurance Group AG Wiener Versicherung Gruppe		94,806		1,931,450

				4,005,735
MACHINERY — 8.59%
Andritz AG		107,716		5,562,425
Semperit AG Holding^b		36,123		957,982

				6,520,407
METALS & MINING — 8.77%
Voestalpine AG		175,613		6,660,807

				6,660,807
OIL, GAS & CONSUMABLE FUELS — 9.82%
OMV AG		230,491		7,456,174

				7,456,174
REAL ESTATE MANAGEMENT & DEVELOPMENT — 18.11%
BUWOG AG		149,471		3,476,402
CA Immobilien Anlagen AG		166,061		3,029,908
Conwert Immobilien Invest SE		142,947		2,451,989
IMMOEAST AG Escrow^a		998,769		11
IMMOFINANZ AG		1,634,149		3,404,603
IMMOFINANZ AG Escrow^a		897,599		9
S IMMO AG		131,397		1,388,284

				13,751,206

TOTAL COMMON STOCKS (Cost: $94,013,057)				75,390,236

SHORT-TERM INVESTMENTS — 2.25%

MONEY MARKET FUNDS — 2.25%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^c,d,e		1,673,413		1,673,915
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^c,d		38,708		38,708

				1,712,623

TOTAL SHORT-TERM INVESTMENTS (Cost: $1,712,357)				1,712,623


	Value
TOTAL INVESTMENTS IN SECURITIES — 101.55% (Cost: $95,725,414)^f	$	77,102,859
Other Assets, Less Liabilities — (1.55)%		(1,178,948	)

NET ASSETS — 100.00%	$	75,923,911

^a	Non-income earning security.

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

^c	Affiliated money market fund.

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

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

^f	The cost of investments for federal income tax purposes was $100,738,679. Net unrealized depreciation was $23,635,820, of which $1,424,042 represented gross unrealized appreciation on securities and $25,059,862 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 99.69%

AIR FREIGHT & LOGISTICS — 1.82%
bpost SA		75,972	$	1,708,531

				1,708,531
BANKS — 8.45%
KBC Group NV		131,821		7,911,903

				7,911,903
BEVERAGES — 22.66%
Anheuser-Busch InBev SA/NV		204,094		21,225,941

				21,225,941
BIOTECHNOLOGY — 2.93%
Ablynx NV^a,b		84,241		879,777
Celyad SA^a		2,410		44,049
Galapagos NV^a,b		30,619		1,821,189

				2,745,015
CAPITAL MARKETS — 1.21%
Gimv NV		21,127		1,130,661

				1,130,661
CHEMICALS — 10.38%
Solvay SA		43,774		5,003,419
Tessenderlo Chemie NV^a		32,514		1,117,848
Umicore SA		60,121		3,605,277

				9,726,544
COMMUNICATIONS EQUIPMENT — 0.84%
EVS Broadcast Equipment SA		24,047		781,852

				781,852
CONSTRUCTION & ENGINEERING — 1.06%
Cie. d’Entreprises CFE		9,704		988,224

				988,224
DISTRIBUTORS — 1.17%
D’ieteren SA/NV		27,888		1,099,178

				1,099,178
DIVERSIFIED FINANCIAL SERVICES — 9.32%
Ackermans & van Haaren NV^b		16,770		2,200,575
Groupe Bruxelles Lambert SA		47,450		3,898,442
KBC Ancora^a		33,417		1,296,892
Sofina SA		9,924		1,337,503

				8,733,412
DIVERSIFIED TELECOMMUNICATION SERVICES — 2.92%
Proximus SADP		96,515		2,731,069

				2,731,069


Security	Shares		Value
ELECTRIC UTILITIES — 1.49%
Elia System Operator SA/NV		28,203	$	1,393,718

				1,393,718
ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS — 1.04%
Barco NV		12,738		977,222

				977,222
EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) — 6.62%
Aedifica SA		15,157		1,118,423
Befimmo SA		21,528		1,196,425
Cofinimmo SA		16,059		1,775,087
Intervest Offices & Warehouses NV		30,696		776,611
Warehouses De Pauw CVA		15,553		1,336,388

				6,202,934
FOOD & STAPLES RETAILING — 2.48%
Colruyt SA		45,969		2,325,307

				2,325,307
FOOD PRODUCTS — 0.37%
Greenyard NV		22,267		349,588

				349,588
HEALTH CARE EQUIPMENT & SUPPLIES — 1.46%
Biocartis NV^a,b,c		34,534		318,713
Ion Beam Applications		24,262		1,043,512

				1,362,225
HEALTH CARE PROVIDERS & SERVICES — 0.79%
Fagron^a,b		79,233		741,576

				741,576
HEALTH CARE TECHNOLOGY — 1.09%
AGFA-Gevaert NV^a		222,822		1,021,116

				1,021,116
INSURANCE — 4.18%
Ageas		104,746		3,912,898

				3,912,898
IT SERVICES — 1.10%
Econocom Group SA/NV		72,152		1,030,978

				1,030,978
MEDIA — 3.17%
Kinepolis Group NV^b		21,400		950,041
Telenet Group Holding NV^a		38,119		2,014,553

				2,964,594


Security	Shares		Value
METALS & MINING — 2.38%
Bekaert SA		33,204	$	1,386,193
Nyrstar NV^a,b		121,275		844,706

				2,230,899
OIL, GAS & CONSUMABLE FUELS — 1.50%
Euronav NV		117,628		879,323
Exmar NV^b		76,243		529,269

				1,408,592
PERSONAL PRODUCTS — 1.53%
Ontex Group NV		52,901		1,436,885

				1,436,885
PHARMACEUTICALS — 4.55%
UCB SA		66,215		4,263,620

				4,263,620
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT — 1.33%
Melexis NV		19,919		1,248,787

				1,248,787
TEXTILES, APPAREL & LUXURY GOODS — 0.87%
Sioen Industries NV		12,308		407,357
Van de Velde NV		5,850		406,472

				813,829
WIRELESS TELECOMMUNICATION SERVICES — 0.98%
Orange Belgium SA^a		43,927		913,316

				913,316

TOTAL COMMON STOCKS (Cost: $110,673,037)				93,380,414

SHORT-TERM INVESTMENTS — 4.55%

MONEY MARKET FUNDS — 4.55%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^d,e,f		4,249,852		4,251,127
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^d,e		8,729		8,729

				4,259,856

TOTAL SHORT-TERM INVESTMENTS (Cost: $4,258,625)				4,259,856


	Value
TOTAL INVESTMENTS IN SECURITIES — 104.24%
(Cost: $114,931,662)^g	$	97,640,270
Other Assets, Less Liabilities — (4.24)%		(3,972,289	)

NET ASSETS — 100.00%	$	93,667,981

^a	Non-income earning security.

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

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

^d	Affiliated money market fund.

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

^f	All or a portion of this security represents an investment of securities lending collateral.

^g	The cost of investments for federal income tax purposes was $117,489,360. Net unrealized depreciation was $19,849,090, of which $1,098,840 represented gross unrealized appreciation on securities and $20,947,930 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 60.39%

AEROSPACE & DEFENSE — 1.13%
Embraer SA		9,250,732	$	45,316,964

				45,316,964
BANKS — 5.92%
Banco Bradesco SA		10,944,670		94,287,564
Banco do Brasil SA		11,292,397		95,146,582
Banco Santander Brasil SA Units		5,811,500		48,381,919

				237,816,065
BEVERAGES — 7.87%
Ambev SA		62,341,060		316,082,536

				316,082,536
CAPITAL MARKETS — 4.02%
BM&FBovespa SA-Bolsa de Valores Mercadorias e Futuros		24,452,100		120,073,727
CETIP SA - Mercados Organizados		3,163,903		41,493,196

				161,566,923
CONTAINERS & PACKAGING — 0.90%
Klabin SA Units		7,184,420		36,044,230

				36,044,230
DIVERSIFIED CONSUMER SERVICES — 1.98%
Kroton Educacional SA		18,658,964		79,710,874

				79,710,874
ELECTRIC UTILITIES — 2.83%
Centrais Eletricas Brasileiras SA^a		2,767,600		20,987,122
CPFL Energia SA		3,883,653		28,313,638
EDP - Energias do Brasil SA		5,829,800		24,439,487
Equatorial Energia SA		2,578,700		40,016,545

				113,756,792
FOOD & STAPLES RETAILING — 1.58%
Raia Drogasil SA		3,323,200		63,359,399

				63,359,399
FOOD PRODUCTS — 4.39%
BRF SA		8,180,850		124,919,705
JBS SA		10,798,222		31,157,619
M. Dias Branco SA		586,200		20,276,541

				176,353,865
HEALTH CARE PROVIDERS & SERVICES — 0.70%
Odontoprev SA		3,270,400		11,312,248
Qualicorp SA		3,109,800		16,870,608

				28,182,856


Security	Shares		Value
INDEPENDENT POWER AND RENEWABLE ELECTRICITY PRODUCERS — 0.93%
AES Tiete Energia SA		2,374,500	$	10,319,335
Engie Brasil Energia SA		2,546,200		26,986,332

				37,305,667
INSURANCE — 2.76%
BB Seguridade Participacoes SA		9,178,200		76,763,128
Porto Seguro SA		1,938,500		16,402,031
Sul America SA		3,206,350		17,792,517

				110,957,676
IT SERVICES — 3.02%
Cielo SA		13,827,055		121,490,044

				121,490,044
MACHINERY — 0.95%
WEG SA		8,266,560		38,051,837

				38,051,837
METALS & MINING — 2.69%
Cia. Siderurgica Nacional SA^a		11,261,254		41,382,819
Vale SA		8,047,200		66,756,669

				108,139,488
MULTILINE RETAIL — 1.88%
Lojas Americanas SA		3,769,760		14,365,767
Lojas Renner SA		9,221,000		61,282,507

				75,648,274
OIL, GAS & CONSUMABLE FUELS — 8.44%
Cosan SA Industria e Comercio		2,049,890		23,925,989
Petroleo Brasileiro SA^a		39,300,844		214,600,617
Ultrapar Participacoes SA		4,927,800		100,668,435

				339,195,041
PAPER & FOREST PRODUCTS — 1.04%
Duratex SA		4,100,411		8,303,863
Fibria Celulose SA		3,642,326		33,392,026

				41,695,889
PERSONAL PRODUCTS — 0.51%
Natura Cosmeticos SA		2,660,600		20,608,343

				20,608,343
PHARMACEUTICALS — 1.02%
Hypermarcas SA		5,318,600		40,834,898

				40,834,898
REAL ESTATE MANAGEMENT & DEVELOPMENT — 1.22%
BR Malls Participacoes SA^a		8,344,020		26,641,660


Security	Shares		Value
Multiplan Empreendimentos Imobiliarios SA		1,314,800	$	22,595,514

				49,237,174
ROAD & RAIL — 1.08%
Localiza Rent A Car SA		2,349,240		24,072,331
Rumo Logistica Operadora Multimodal SA^a		10,190,000		19,159,911

				43,232,242
SOFTWARE — 0.31%
TOTVS SA		1,991,400		12,663,715

				12,663,715
TRANSPORTATION INFRASTRUCTURE — 1.34%
CCR SA		12,384,000		53,856,213

				53,856,213
WATER UTILITIES — 1.14%
Cia. de Saneamento Basico do Estado de Sao Paulo		5,169,300		45,786,320

				45,786,320
WIRELESS TELECOMMUNICATION SERVICES — 0.74%
TIM Participacoes SA		12,166,990		29,855,437

				29,855,437

TOTAL COMMON STOCKS (Cost: $1,737,120,226)				2,426,748,762

PREFERRED STOCKS — 39.61%

BANKS — 22.58%
Banco Bradesco SA		36,712,335		322,894,890
Itau Unibanco Holding SA		43,333,378		453,767,408
Itausa-Investimentos Itau SA		51,279,697		130,530,138

				907,192,436
CHEMICALS — 0.56%
Braskem SA Class A		2,749,036		22,349,886

				22,349,886
DIVERSIFIED TELECOMMUNICATION SERVICES — 1.95%
Telefonica Brasil SA		5,869,774		78,367,774

				78,367,774
ELECTRIC UTILITIES — 1.86%
Centrais Eletricas Brasileiras SA Class B		4,123,251		34,534,132
Cia. Energetica de Minas Gerais		10,739,590		25,082,856
Cia. Paranaense de Energia Class B		1,758,400		15,049,721

				74,666,709


Security	Shares		Value
FOOD & STAPLES RETAILING — 0.82%
Cia. Brasileira de Distribuicao		2,042,364	$	32,967,649

				32,967,649
METALS & MINING — 4.16%
Gerdau SA		12,582,546		50,404,582
Vale SA		15,478,000		116,914,383

				167,318,965
MULTILINE RETAIL — 1.06%
Lojas Americanas SA		8,805,627		42,641,883

				42,641,883
OIL, GAS & CONSUMABLE FUELS — 6.10%
Petroleo Brasileiro SA		51,799,578		245,023,872

				245,023,872
PAPER & FOREST PRODUCTS — 0.52%
Suzano Papel e Celulose SA Class A		5,487,900		20,848,341

				20,848,341

TOTAL PREFERRED STOCKS (Cost: $1,041,404,767)				1,591,377,515

SHORT-TERM INVESTMENTS — 0.05%

MONEY MARKET FUNDS — 0.05%
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^b,c		2,048,984		2,048,984

				2,048,984

TOTAL SHORT-TERM INVESTMENTS (Cost: $2,048,984)				2,048,984


TOTAL INVESTMENTS IN SECURITIES — 100.05% (Cost: $2,780,573,977)^d				4,020,175,261
Other Assets, Less Liabilities — (0.05)%				(1,985,453	)

NET ASSETS — 100.00%			$	4,018,189,808

^a	Non-income earning security.

^b	Affiliated money market fund.

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

^d	The cost of investments for federal income tax purposes was $3,357,840,183. Net unrealized appreciation was $662,335,078, of which $1,265,541,561 represented gross unrealized appreciation on securities and $603,206,483 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 92.63%

BRAZIL — 9.45%
AES Tiete Energia SA		9,800	$	42,590
Ambev SA		411,665		2,087,230
Banco Bradesco SA		62,126		535,211
Banco do Brasil SA		78,489		661,326
Banco Santander Brasil SA Units		39,200		326,348
BB Seguridade Participacoes SA		58,800		491,782
BM&FBovespa SA-Bolsa de Valores Mercadorias e Futuros		156,869		770,316
BR Malls Participacoes SA^a		51,320		163,860
BRF SA		49,000		748,219
CCR SA		78,400		340,950
Centrais Eletricas Brasileiras SA^a		19,600		148,630
CETIP SA - Mercados Organizados		20,160		264,390
Cia. de Saneamento Basico do Estado de Sao Paulo		29,400		260,406
Cia. Siderurgica Nacional SA^a		49,000		180,065
Cielo SA		94,601		831,202
Cosan SA Industria e Comercio		9,800		114,384
CPFL Energia SA		11,854		86,421
Duratex SA		29,448		59,636
EDP - Energias do Brasil SA		29,400		123,250
Embraer SA		58,800		288,046
Engie Brasil Energia SA		19,600		207,734
Equatorial Energia SA		19,600		304,155
Fibria Celulose SA		19,641		180,064
Hypermarcas SA		29,400		225,726
JBS SA		68,652		198,091
Klabin SA Units		49,000		245,833
Kroton Educacional SA		117,664		502,659
Localiza Rent A Car SA		9,860		101,034
Lojas Americanas SA		9,800		37,346
Lojas Renner SA		58,800		390,783
Multiplan Empreendimentos Imobiliarios SA		9,800		168,418
Natura Cosmeticos SA		9,800		75,908
Odontoprev SA		19,600		67,796
Petroleo Brasileiro SA^a		254,800		1,391,325
Porto Seguro SA		9,800		82,920
Qualicorp SA		19,600		106,330
Raia Drogasil SA		19,650		374,643
Rumo Logistica Operadora Multimodal SA^a		68,600		128,986
Sul America SA		9,872		54,781


Security	Shares		Value
TIM Participacoes SA		68,669	$	168,500
TOTVS SA		9,800		62,320
Ultrapar Participacoes SA		29,400		600,603
Vale SA		107,800		894,270
WEG SA		49,440		227,578

				15,322,065
CHINA — 57.77%
3SBio Inc.^a,b,c		98,000		104,233
58.com Inc. ADR^a		6,664		213,715
AAC Technologies Holdings Inc.		49,000		443,465
Agricultural Bank of China Ltd. Class H		2,156,000		903,354
Air China Ltd. Class H		214,000		146,775
Alibaba Group Holding Ltd. ADR^a,c		96,138		9,038,895
Alibaba Health Information Technology Ltd.^a		274,000		153,308
Alibaba Pictures Group Ltd.^a,c		1,050,000		201,698
Aluminum Corp. of China Ltd. Class H^a,c		392,000		174,859
Anhui Conch Cement Co. Ltd. Class H^c		98,000		283,641
ANTA Sports Products Ltd.^c		98,040		287,548
AviChina Industry & Technology Co. Ltd. Class H		196,000		135,693
Baidu Inc.^a		23,226		3,877,581
Bank of China Ltd. Class H		6,762,000		3,077,341
Bank of Communications Co. Ltd. Class H		690,200		530,331
Beijing Capital International Airport Co. Ltd. Class H		196,000		193,305
Beijing Enterprises Holdings Ltd.		49,000		226,154
Beijing Enterprises Water Group Ltd.		392,000		283,514
Belle International Holdings Ltd.		490,000		281,114
Brilliance China Automotive Holdings Ltd.		196,000		274,417
Byd Co. Ltd. Class H^c		49,000		295,011
CGN Power Co. Ltd. Class H^b		882,000		264,942
China Cinda Asset Management Co. Ltd. Class H		686,000		247,633
China CITIC Bank Corp. Ltd. Class H		784,000		511,437
China Coal Energy Co. Ltd. Class H^a		196,000		98,800


Security	Shares		Value
China Communications Construction Co. Ltd. Class H		402,000	$	481,986
China Communications Services Corp. Ltd. Class H		196,800		115,949
China Conch Venture Holdings Ltd.		98,000		180,671
China Construction Bank Corp. Class H		7,154,370		5,331,201
China Everbright Bank Co. Ltd. Class H		303,000		143,753
China Everbright International Ltd.		196,000		237,525
China Evergrande Group^c		392,000		267,848
China Galaxy Securities Co. Ltd. Class H		245,000		243,211
China Gas Holdings Ltd.		196,000		259,256
China Huarong Asset Management Co. Ltd.^a,b		392,000		157,676
China Huishan Dairy Holdings Co. Ltd.^c		294,000		109,919
China Jinmao Holdings Group Ltd.^c		232,000		62,212
China Life Insurance Co. Ltd. Class H		686,000		1,994,327
China Longyuan Power Group Corp. Ltd.		294,000		230,071
China Medical System Holdings Ltd.		98,000		163,488
China Mengniu Dairy Co. Ltd.		196,000		401,771
China Merchants Bank Co. Ltd. Class H		343,456		848,384
China Merchants Port Holdings Co. Ltd.		196,000		492,233
China Minsheng Banking Corp. Ltd. Class H		490,000		553,383
China Mobile Ltd.		539,000		5,882,224
China National Building Material Co. Ltd. Class H^c		196,000		99,053
China Oilfield Services Ltd. Class H		196,000		185,725
China Overseas Land & Investment Ltd.		392,800		1,134,345
China Pacific Insurance Group Co. Ltd. Class H		215,600		838,034
China Petroleum & Chemical Corp. Class H		2,156,600		1,506,936


Security	Shares		Value
China Power International Development Ltd.		294,000	$	108,782
China Railway Construction Corp. Ltd. Class H		159,000		225,894
China Railway Group Ltd. Class H		392,000		353,761
China Resources Beer Holdings Co. Ltd.^a		196,000		414,911
China Resources Gas Group Ltd.^c		89,000		263,903
China Resources Land Ltd.		224,444		545,148
China Resources Power Holdings Co. Ltd.		196,200		322,757
China Shenhua Energy Co. Ltd. Class H		294,000		608,722
China Southern Airlines Co. Ltd. Class H		196,000		112,445
China State Construction International Holdings Ltd.		196,000		316,869
China Taiping Insurance Holdings Co. Ltd.^a		137,240		314,231
China Telecom Corp. Ltd. Class H		1,176,000		568,544
China Unicom Hong Kong Ltd.		393,900		478,369
China Vanke Co. Ltd. Class H		107,401		329,542
Chongqing Changan Automobile Co. Ltd. Class B		73,300		110,564
Chongqing Rural Commercial Bank Co. Ltd. Class H		196,000		122,300
CITIC Ltd.		392,000		603,415
CITIC Securities Co. Ltd. Class H		196,000		458,879
CNOOC Ltd.		1,568,000		1,977,018
COSCO SHIPPING Ports Ltd.		206,000		215,650
Country Garden Holdings Co. Ltd.^c		490,046		274,191
CRRC Corp. Ltd. Class H		369,400		364,797
CSPC Pharmaceutical Group Ltd.		392,000		420,976
Ctrip.com International Ltd.^a,c		32,340		1,462,738
Dongfeng Motor Group Co. Ltd. Class H		196,000		199,370
ENN Energy Holdings Ltd.		74,000		340,585
Far East Horizon Ltd.		196,000		177,133
Fosun International Ltd.		196,000		290,589
Fullshare Holdings Ltd.		460,000		244,925
Fuyao Glass Industry Group Co. Ltd.^b		39,200		119,268
GCL-Poly Energy Holdings Ltd.^c		1,155,000		154,861
Geely Automobile Holdings Ltd.		490,000		506,636


Security	Shares		Value
GF Securities Co. Ltd. Class H		117,600	$	275,327
GOME Electrical Appliances Holding Ltd.		1,016,400		132,346
Great Wall Motor Co. Ltd. Class H		245,000		230,576
Guangdong Investment Ltd.		196,000		274,417
Guangzhou Automobile Group Co. Ltd. Class H		196,454		257,324
Guangzhou R&F Properties Co. Ltd. Class H		78,400		99,660
Haier Electronics Group Co. Ltd.		118,000		196,853
Haitong Securities Co. Ltd. Class H		274,400		529,226
Hanergy Thin Film Power Group Ltd.^a		7,709		—
Hengan International Group Co. Ltd.		49,000		385,663
HengTen Networks Group Ltd.^a		1,956,000		171,476
Huaneng Power International Inc. Class H		392,000		245,611
Huaneng Renewables Corp. Ltd. Class H		392,000		126,343
Huatai Securities Co. Ltd. Class H^b		117,600		270,172
Industrial & Commercial Bank of China Ltd. Class H		6,272,050		3,840,864
JD.com Inc. ADR^a,c		56,742		1,524,658
Jiangxi Copper Co. Ltd. Class H		98,000		149,843
Kingsoft Corp. Ltd.^c		98,000		220,090
Kunlun Energy Co. Ltd.^c		196,000		143,273
Lenovo Group Ltd.^c		588,000		364,627
Longfor Properties Co. Ltd.		98,000		125,964
Netease Inc.		6,860		1,537,326
New China Life Insurance Co. Ltd. Class H		58,800		297,538
New Oriental Education & Technology Group Inc. ADR^a		11,564		580,166
Nine Dragons Paper (Holdings) Ltd.		98,000		86,040
People’s Insurance Co. Group of China Ltd. (The) Class H		588,000		247,885
PetroChina Co. Ltd. Class H		1,764,000		1,198,492
PICC Property & Casualty Co. Ltd. Class H		393,548		659,579
Ping An Insurance Group Co. of China Ltd. Class H		441,000		2,439,056


Security	Shares		Value
Qunar Cayman Islands Ltd. ADR^a,c		2,646	$	79,459
Semiconductor Manufacturing International Corp.^a		2,254,000		305,119
Shandong Weigao Group Medical Polymer Co. Ltd. Class H		184,000		127,148
Shanghai Electric Group Co. Ltd. Class H^a,c		200,000		96,433
Shanghai Fosun Pharmaceutical Group Co. Ltd. Class H		52,500		165,149
Shanghai Lujiazui Finance & Trade Zone Development Co. Ltd. Class B		76,380		118,771
Shanghai Pharmaceuticals Holding Co. Ltd. Class H		58,800		147,064
Shenzhou International Group Holdings Ltd.		55,000		338,226
Shimao Property Holdings Ltd.		98,000		128,112
Sina Corp.^a		4,802		370,042
Sino Biopharmaceutical Ltd.		392,000		268,858
Sino-Ocean Group Holding Ltd.		245,000		104,549
Sinopec Engineering Group Co. Ltd. Class H		98,000		84,650
Sinopec Shanghai Petrochemical Co. Ltd. Class H		393,000		206,718
Sinopharm Group Co. Ltd. Class H		117,600		548,835
Sinotrans Ltd. Class H		196,000		98,042
SOHO China Ltd.		196,000		103,854
Sun Art Retail Group Ltd.^c		196,000		166,268
Sunac China Holdings Ltd.		196,000		148,832
Sunny Optical Technology Group Co. Ltd.		98,000		493,370
TAL Education Group Class A ADR^a,c		3,626		277,498
Tencent Holdings Ltd.		490,000		12,236,339
Tingyi Cayman Islands Holding Corp.^c		196,000		232,977
TravelSky Technology Ltd. Class H		98,000		205,434
Tsingtao Brewery Co. Ltd. Class H		40,000		157,800
Vipshop Holdings Ltd. ADR^a		34,790		390,344
Want Want China Holdings Ltd.^c		490,000		312,699
Weibo Corp. ADR^a		2,548		130,738


Security	Shares		Value
Weichai Power Co. Ltd. Class H		40,550	$	65,347
Yanzhou Coal Mining Co. Ltd. Class H		196,000		136,956
Yum China Holdings Inc.^a		33,679		947,054
YY Inc. ADR^a		2,548		110,252
Zhuzhou CRRC Times Electric Co. Ltd. Class H		55,000		298,518
Zijin Mining Group Co. Ltd. Class H		423,000		141,788
ZTE Corp. Class H		58,848		95,593

				93,626,949
INDIA — 17.42%
ACC Ltd.		4,508		88,409
Adani Ports & Special Economic Zone Ltd.		73,502		298,415
Ambuja Cements Ltd.		45,962		141,548
Apollo Hospitals Enterprise Ltd.		5,880		102,680
Ashok Leyland Ltd.		91,162		105,880
Asian Paints Ltd.		24,794		351,323
Aurobindo Pharma Ltd.		22,444		242,904
Axis Bank Ltd.		142,296		976,754
Bajaj Auto Ltd.		7,546		296,018
Bajaj Finance Ltd.		13,720		184,366
Bajaj Finserv Ltd.		3,038		132,706
Bharat Forge Ltd.		8,428		111,246
Bharat Heavy Electricals Ltd.		53,116		100,996
Bharat Petroleum Corp. Ltd.		42,336		398,286
Bharti Airtel Ltd.		84,672		401,533
Bharti Infratel Ltd.		47,365		259,802
Bosch Ltd.		686		205,706
Cadila Healthcare Ltd.		17,934		105,248
Cairn India Ltd.		39,494		145,169
Cipla Ltd.		29,792		246,609
Coal India Ltd.		62,303		280,891
Container Corp. of India Ltd.		2,672		45,673
Dabur India Ltd.		45,864		189,992
Divi’s Laboratories Ltd.		7,546		129,425
Dr. Reddy’s Laboratories Ltd.		9,705		453,271
Eicher Motors Ltd.		1,176		371,443
GAIL (India) Ltd.		25,186		156,288
Glenmark Pharmaceuticals Ltd.		11,564		147,927
Godrej Consumer Products Ltd.		10,682		227,400
Havells India Ltd.		19,796		99,589
HCL Technologies Ltd.		48,020		563,902
Hero Motocorp Ltd.		4,508		208,514


Security	Shares		Value
Hindalco Industries Ltd.		97,609	$	250,622
Hindustan Petroleum Corp. Ltd.		33,810		232,747
Hindustan Unilever Ltd.		55,958		689,982
Housing Development Finance Corp. Ltd.		129,164		2,383,485
ICICI Bank Ltd.		95,550		370,689
Idea Cellular Ltd.		105,644		119,536
IDFC Bank Ltd.		113,288		113,290
Indiabulls Housing Finance Ltd.		25,578		285,884
Infosys Ltd.		157,486		2,244,526
ITC Ltd.		288,708		980,652
JSW Steel Ltd.		7,252		183,183
Larsen & Toubro Ltd.		27,440		554,321
LIC Housing Finance Ltd.		26,950		222,218
Lupin Ltd.		19,012		417,979
Mahindra & Mahindra Financial Services Ltd.		24,001		104,719
Mahindra & Mahindra Ltd.		32,477		562,295
Marico Ltd.		41,160		151,924
Maruti Suzuki India Ltd.		9,212		708,709
Motherson Sumi Systems Ltd.		33,418		151,250
Nestle India Ltd.		2,058		189,107
NTPC Ltd.		139,356		332,159
Oil & Natural Gas Corp. Ltd.		74,578		314,769
Piramal Enterprises Ltd.		6,468		159,992
Power Finance Corp. Ltd.		59,004		115,682
Reliance Industries Ltd.		111,509		1,612,873
Shree Cement Ltd.		784		178,354
Shriram Transport Finance Co. Ltd.		13,083		172,872
Siemens Ltd.		6,667		105,890
State Bank of India		134,956		509,371
Sun Pharmaceuticals Industries Ltd.		83,236		863,138
Tata Consultancy Services Ltd.		40,376		1,342,574
Tata Motors Ltd.		137,498		922,627
Tata Motors Ltd. Class A		31,875		138,725
Tata Power Co. Ltd.		90,555		97,965
Tata Steel Ltd.		25,382		153,907
Tech Mahindra Ltd.		20,482		145,187
Titan Co. Ltd.		24,206		114,401
Ultratech Cement Ltd.		7,252		381,777
United Spirits Ltd.^a		5,782		162,055
UPL Ltd.		30,086		278,646
Vedanta Ltd.		91,140		306,046


Security	Shares		Value
Wipro Ltd.		52,531	$	357,055
Yes Bank Ltd.		25,970		445,367
Zee Entertainment Enterprises Ltd.		50,666		337,273

				28,235,736
RUSSIA — 7.99%
Alrosa PJSC		225,400		326,328
Gazprom PJSC		561,544		1,301,965
Gazprom PJSC ADR		226,082		1,042,012
Inter RAO UES PJSC		2,548,000		151,755
Lukoil PJSC		17,542		857,609
Lukoil PJSC ADR		19,404		950,796
Magnit PJSC GDR^d		26,068		1,050,019
MMC Norilsk Nickel PJSC		4,704		761,017
Mobile TeleSystems PJSC ADR		42,826		335,328
Moscow Exchange MICEX-RTS PJSC		118,580		219,219
Novatek OJSC GDR^d		7,742		914,330
PhosAgro PJSC GDR^d		8,134		111,842
Rosneft PJSC		100,422		532,396
Rostelecom PJSC		78,060		102,678
RusHydro PJSC		8,820,200		131,125
Sberbank of Russia PJSC		928,200		2,287,619
Severstal PJSC		17,640		265,932
Sistema PJSC FC GDR^d		14,308		118,184
Surgutneftegas OJSC		283,210		131,266
Surgutneftegas OJSC ADR		34,343		156,089
Tatneft PJSC Class S		120,543		728,205
VTB Bank PJSC		451,106,001		482,717

				12,958,431

TOTAL COMMON STOCKS (Cost: $153,164,910)				150,143,181

PREFERRED STOCKS — 7.06%

BRAZIL — 6.63%
Banco Bradesco SA		245,085		2,155,589
Braskem SA Class A		9,800		79,675
Centrais Eletricas Brasileiras SA Class B		19,682		164,846
Cia. Brasileira de Distribuicao		9,856		159,095
Cia. Energetica de Minas Gerais		58,832		137,405
Cia. Paranaense de Energia Class B		9,800		83,876
Gerdau SA		78,400		314,063


Security	Shares		Value
Itau Unibanco Holding SA		280,972	$	2,942,210
Itausa-Investimentos Itau SA		343,089		873,317
Lojas Americanas SA		58,904		285,247
Petroleo Brasileiro SA		333,214		1,576,179
Suzano Papel e Celulose SA Class A		29,400		111,690
Telefonica Brasil SA		39,264		524,216
Vale SA		176,400		1,332,452

				10,739,860
RUSSIA — 0.43%
Surgutneftegas OJSC		607,600		296,861
Transneft PJSC		147		401,902

				698,763

TOTAL PREFERRED STOCKS (Cost: $12,305,996)				11,438,623

SHORT-TERM INVESTMENTS — 9.57%

MONEY MARKET FUNDS — 9.57%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^e,f,g		15,502,768		15,507,419

				15,507,419

TOTAL SHORT-TERM INVESTMENTS (Cost: $15,503,727)				15,507,419


TOTAL INVESTMENTS IN SECURITIES — 109.26% (Cost: $180,974,633)^h				177,089,223
Other Assets, Less Liabilities — (9.26)%				(15,012,429	)

NET ASSETS — 100.00%			$	162,076,794

ADR — American Depositary Receipts

GDR — Global Depositary Receipts

^a	Non-income earning security.

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

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

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

^e	Affiliated money market fund.

^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.

^h	The cost of investments for federal income tax purposes was $189,032,644. Net unrealized depreciation was $11,943,421, of which $26,545,983 represented gross unrealized appreciation on securities and $38,489,404 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 99.60%

AEROSPACE & DEFENSE — 0.55%
Bombardier Inc. Class B^a		5,285,518	$	7,390,134
CAE Inc.		737,029		10,858,653

				18,248,787
AUTO COMPONENTS — 1.45%
Linamar Corp.		133,255		5,127,632
Magna International Inc. Class A		1,060,660		42,817,659

				47,945,291
BANKS — 27.78%
Bank of Montreal		1,753,275		115,437,629
Bank of Nova Scotia (The)		3,273,813		180,515,020
Canadian Imperial Bank of Commerce		1,074,414		84,684,215
National Bank of Canada		919,379		34,406,627
Royal Bank of Canada		4,042,130		261,779,474
Toronto-Dominion Bank (The)		5,048,047		238,661,571

				915,484,536
CAPITAL MARKETS — 4.20%
Brookfield Asset Management Inc. Class A		2,348,362		78,121,547
CI Financial Corp.		667,750		13,195,090
IGM Financial Inc.		263,211		7,614,835
Thomson Reuters Corp.		913,421		39,394,083

				138,325,555
CHEMICALS — 2.68%
Agrium Inc.		357,009		35,947,827
Methanex Corp.		244,056		10,732,583
Potash Corp. of Saskatchewan Inc.		2,286,308		41,658,892

				88,339,302
CONSTRUCTION & ENGINEERING — 0.52%
SNC-Lavalin Group Inc.		407,799		17,263,066

				17,263,066
CONTAINERS & PACKAGING — 0.40%
CCL Industries Inc. Class B		75,600		13,142,570

				13,142,570
DIVERSIFIED FINANCIAL SERVICES — 0.75%
Element Fleet Management Corp.		1,053,632		8,776,349
Onex Corp.		225,095		15,783,100

				24,559,449


Security	Shares		Value
DIVERSIFIED TELECOMMUNICATION SERVICES — 1.02%
BCE Inc.		401,172	$	17,271,937
TELUS Corp.		524,340		16,362,715

				33,634,652
ELECTRIC UTILITIES — 1.37%
Emera Inc.		130,547		4,379,723
Fortis Inc./Canada		1,083,926		32,277,552
Hydro One Ltd.^b		487,494		8,367,813

				45,025,088
EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) — 0.57%
H&R REIT		378,702		6,142,712
RioCan REIT		433,258		8,629,072
Smart REIT		176,157		4,077,053

				18,848,837
FOOD & STAPLES RETAILING — 3.79%
Alimentation Couche-Tard Inc. Class B		1,142,703		52,681,957
Empire Co. Ltd. Class A		450,819		6,115,528
George Weston Ltd.		139,004		11,549,551
Jean Coutu Group PJC Inc. (The) Class A		224,193		3,453,099
Loblaw Companies Ltd.		607,559		31,534,689
Metro Inc.		645,301		19,633,544

				124,968,368
FOOD PRODUCTS — 0.71%
Saputo Inc.		695,177		23,487,945

				23,487,945
HOTELS, RESTAURANTS & LEISURE — 0.87%
Restaurant Brands International Inc.		603,286		28,701,625

				28,701,625
INSURANCE — 8.65%
Fairfax Financial Holdings Ltd.		62,730		29,779,722
Great-West Lifeco Inc.		810,619		21,317,483
Industrial Alliance Insurance & Financial Services Inc.		278,639		11,801,644
Intact Financial Corp.		357,516		24,860,736
Manulife Financial Corp.		5,369,256		93,400,936
Power Corp. of Canada		1,017,883		22,710,464
Power Financial Corp.		681,013		17,179,801
Sun Life Financial Inc.		1,667,278		63,958,203

				285,008,989


Security	Shares		Value
IT SERVICES — 0.85%
CGI Group Inc. Class A^a		589,238	$	27,884,288

				27,884,288
MEDIA — 0.67%
Shaw Communications Inc. Class B		1,126,730		22,030,144

				22,030,144
METALS & MINING — 7.49%
Agnico Eagle Mines Ltd.		609,621		25,026,833
Barrick Gold Corp.		3,174,960		47,579,536
Eldorado Gold Corp.^a		1,766,062		4,859,757
First Quantum Minerals Ltd.		1,877,631		21,421,136
Franco-Nevada Corp.		486,069		28,207,619
Goldcorp Inc.		2,323,186		30,633,711
Kinross Gold Corp.^a		3,400,982		11,230,373
Silver Wheaton Corp.		1,202,752		21,861,713
Teck Resources Ltd. Class B		1,542,367		39,012,272
Turquoise Hill Resources Ltd.^a		2,752,517		9,191,433
Yamana Gold Inc.		2,590,742		7,726,369

				246,750,752
MULTI-UTILITIES — 0.47%
Atco Ltd./Canada Class I		206,858		6,584,503
Canadian Utilities Ltd. Class A		341,129		8,973,473

				15,557,976
MULTILINE RETAIL — 1.29%
Canadian Tire Corp. Ltd. Class A		187,363		19,497,123
Dollarama Inc.		307,601		22,856,177

				42,353,300
OIL, GAS & CONSUMABLE FUELS — 23.07%
AltaGas Ltd.		444,794		10,797,320
ARC Resources Ltd.		955,944		16,721,555
Cameco Corp.		1,082,790		9,953,357
Canadian Natural Resources Ltd.		2,997,237		101,044,737
Cenovus Energy Inc.		2,270,608		35,074,021
Crescent Point Energy Corp.		1,477,272		18,787,261
Enbridge Inc.		2,541,918		106,811,221
Encana Corp.		2,606,429		32,701,515
Husky Energy Inc.^a		960,086		11,260,268
Imperial Oil Ltd.		807,901		27,633,026
Inter Pipeline Ltd.		972,094		19,744,078
Keyera Corp.		498,631		14,318,119
Pembina Pipeline Corp.		1,064,110		31,236,369


Security	Shares		Value
Peyto Exploration & Development Corp.		449,597	$	11,054,348
PrairieSky Royalty Ltd.		562,378		13,714,394
Seven Generations Energy Ltd. Class A^a		653,020		15,026,356
Suncor Energy Inc.		4,531,048		144,160,519
Tourmaline Oil Corp.^a		572,976		15,442,994
TransCanada Corp.		2,327,861		104,447,311
Veresen Inc.		841,156		7,719,668
Vermilion Energy Inc.		315,127		12,770,542

				760,418,979
PAPER & FOREST PRODUCTS — 0.19%
West Fraser Timber Co. Ltd.		179,764		6,402,572

				6,402,572
PHARMACEUTICALS — 0.43%
Valeant Pharmaceuticals International Inc.^a,c		897,555		14,178,245

				14,178,245
REAL ESTATE MANAGEMENT & DEVELOPMENT — 0.16%
First Capital Realty Inc.		354,700		5,370,885

				5,370,885
ROAD & RAIL — 6.04%
Canadian National Railway Co.		2,108,524		140,834,851
Canadian Pacific Railway Ltd.		381,589		58,356,497

				199,191,348
SOFTWARE — 1.37%
Constellation Software Inc./Canada		51,918		24,188,243
Open Text Corp.		330,080		21,011,117

				45,199,360
TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS — 0.32%
BlackBerry Ltd.^a,c		1,355,354		10,422,699

				10,422,699
TEXTILES, APPAREL & LUXURY GOODS — 0.50%
Gildan Activewear Inc.		600,457		16,308,709

				16,308,709
TRADING COMPANIES & DISTRIBUTORS — 0.28%
Finning International Inc.		457,943		9,216,077

				9,216,077


Security	Shares		Value
WIRELESS TELECOMMUNICATION SERVICES — 1.16%
Rogers Communications Inc. Class B		986,145	$	38,064,053

				38,064,053

TOTAL COMMON STOCKS
(Cost: $3,777,495,592)				3,282,333,447

RIGHTS — 0.00%

METALS & MINING — 0.00%
Yamana Gold Inc.^a		159,243		39,083

				39,083

TOTAL RIGHTS
(Cost: $67,243)				39,083

SHORT-TERM INVESTMENTS — 0.33%

MONEY MARKET FUNDS — 0.33%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^d,e,f		10,278,521		10,281,604
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^d,e		595,686		595,686

				10,877,290

TOTAL SHORT-TERM INVESTMENTS
(Cost: $10,874,227)				10,877,290


TOTAL INVESTMENTS IN SECURITIES — 99.93%
(Cost: $3,788,437,062)^g				3,293,249,820
Other Assets, Less Liabilities — 0.07%				2,404,060

NET ASSETS — 100.00%			$	3,295,653,880

^a	Non-income earning security.

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

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

^d	Affiliated money market fund.

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

^f	All or a portion of this security represents an investment of securities lending collateral.

^g	The cost of investments for federal income tax purposes was $3,834,554,040. Net unrealized depreciation was $541,304,220, of which $170,637,372 represented gross unrealized appreciation on securities and $711,941,592 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 93.27%

AIRLINES — 4.42%
LATAM Airlines Group SA^a		1,926,270	$	17,008,015

				17,008,015
BANKS — 16.53%
Banco de Chile		135,438,906		15,360,006
Banco de Credito e Inversiones		281,337		14,097,573
Banco Santander Chile		449,990,774		24,403,333
Itau CorpBanca		1,182,795,426		9,665,515

				63,526,427
BEVERAGES — 4.40%
Cia. Cervecerias Unidas SA		1,115,619		11,227,465
Vina Concha y Toro SA		3,562,465		5,703,226

				16,930,691
CONSTRUCTION & ENGINEERING — 0.68%
SalfaCorp SA		3,505,601		2,609,473

				2,609,473
DIVERSIFIED FINANCIAL SERVICES — 1.04%
Inversiones La Construccion SA		321,768		3,982,838

				3,982,838
ELECTRIC UTILITIES — 10.82%
Enel Chile SA		129,086,014		12,194,174
Enersis Americas SA		138,767,268		22,667,073
Engie Energia Chile SA		4,185,060		6,721,714

				41,582,961
FOOD & STAPLES RETAILING — 7.43%
Cencosud SA		9,686,604		28,559,686

				28,559,686
INDEPENDENT POWER AND RENEWABLE ELECTRICITY PRODUCERS — 10.69%
AES Gener SA		19,733,354		6,950,140
Colbun SA		59,222,574		11,351,763
Endesa Americas SA		20,871,755		9,140,405
Enel Generacion Chile SA		21,819,606		13,660,069

				41,102,377
IT SERVICES — 1.92%
SONDA SA		3,818,950		7,387,672

				7,387,672


Security	Shares		Value
MARINE — 0.45%
Cia. Sud Americana de Vapores SA^a		76,006,992	$	1,750,402

				1,750,402
METALS & MINING — 1.44%
CAP SA		757,843		5,531,956

				5,531,956
MULTILINE RETAIL — 9.70%
Ripley Corp. SA		7,089,135		4,221,145
SACI Falabella		4,182,916		33,058,119

				37,279,264
OIL, GAS & CONSUMABLE FUELS — 7.87%
Empresas COPEC SA		3,119,066		30,272,620

				30,272,620
PAPER & FOREST PRODUCTS — 4.56%
Empresas CMPC SA		8,507,749		17,521,122

				17,521,122
REAL ESTATE MANAGEMENT & DEVELOPMENT — 2.87%
Parque Arauco SA		4,816,279		11,030,821

				11,030,821
TEXTILES, APPAREL & LUXURY GOODS — 0.78%
Forus SA		909,736		3,001,095

				3,001,095
WATER UTILITIES — 4.41%
Aguas Andinas SA Series A		18,906,940		11,850,091
Inversiones Aguas Metropolitanas SA		2,990,582		5,093,387

				16,943,478
WIRELESS TELECOMMUNICATION SERVICES — 3.26%
Empresa Nacional de Telecomunicaciones SA^a		1,177,354		12,528,530

				12,528,530

TOTAL COMMON STOCKS
(Cost: $309,046,299)				358,549,428

PREFERRED STOCKS — 6.63%

BEVERAGES — 2.02%
Embotelladora Andina SA Class B		2,069,505		7,754,686

				7,754,686


Security	Shares		Value
CHEMICALS — 4.61%
Sociedad Quimica y Minera de Chile SA Series B		620,867	$	17,724,298

				17,724,298

TOTAL PREFERRED STOCKS
(Cost: $17,846,875)				25,478,984

RIGHTS — 0.00%

AIRLINES — 0.00%
LATAM Airlines Group SA^a		237,305		3,526

				3,526

TOTAL RIGHTS
(Cost: $0)				3,526

SHORT-TERM INVESTMENTS — 0.07%

MONEY MARKET FUNDS — 0.07%
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^b,c		247,480		247,480

				247,480

TOTAL SHORT-TERM INVESTMENTS
(Cost: $247,480)				247,480


TOTAL INVESTMENTS IN SECURITIES — 99.97%
(Cost: $327,140,654)^d				384,279,418
Other Assets, Less Liabilities — 0.03%				127,198

NET ASSETS — 100.00%			$	384,406,616

^a	Non-income earning security.

^b	Affiliated money market fund.

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

^d	The cost of investments for federal income tax purposes was $371,350,007. Net unrealized appreciation was $12,929,411, of which $66,126,423 represented gross unrealized appreciation on securities and $53,197,012 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 68.79%

BANKS — 6.73%
Banco de Bogota SA		6,422	$	129,488
Bancolombia SA		101,182		824,404
Grupo Aval Acciones y Valores SA		265,684		101,281

				1,055,173
CAPITAL MARKETS — 2.11%
Bolsa de Valores de Colombia		51,918,750		331,281

				331,281
CONSTRUCTION & ENGINEERING — 2.33%
Construcciones El Condor SA		447,772		168,497
Constructora Conconcreto SA		600,000		197,313

				365,810
CONSTRUCTION MATERIALS — 14.23%
Cementos Argos SA		206,778		740,217
Cemex Latam Holdings SA^a		182,182		661,707
Grupo Argos SA/Colombia		140,556		828,785

				2,230,709
DIVERSIFIED FINANCIAL SERVICES — 11.14%
Corp. Financiera Colombiana SA		26,317		303,293
Grupo de Inversiones Suramericana SA		124,280		1,443,667

				1,746,960
DIVERSIFIED TELECOMMUNICATION SERVICES — 2.39%
Empresa de Telecomunicaciones de Bogota		2,043,106		374,383

				374,383
ELECTRIC UTILITIES — 5.91%
Celsia SA ESP		144,014		183,783
Interconexion Electrica SA ESP		229,424		743,210

				926,993
FOOD & STAPLES RETAILING — 4.77%
Almacenes Exito SA		159,848		747,964

				747,964
FOOD PRODUCTS — 4.68%
Grupo Nutresa SA		97,968		732,821

				732,821
GAS UTILITIES — 4.53%
Empresa de Energia de Bogota SA ESP		1,203,228		710,661

				710,661


Security	Shares		Value
METALS & MINING — 1.71%
Mineros SA		409,786	$	268,179

				268,179
OIL, GAS & CONSUMABLE FUELS — 8.26%
Canacol Energy Ltd.^a,b		171,600		576,850
Ecopetrol SA^a		1,664,234		718,829

				1,295,679

TOTAL COMMON STOCKS
(Cost: $10,693,307)				10,786,613

PREFERRED STOCKS — 30.87%

AIRLINES — 3.12%
Avianca Holdings SA		558,636		489,893

				489,893
BANKS — 20.35%
Banco Davivienda SA		79,352		744,169
Bancolombia SA		230,464		1,960,712
Grupo Aval Acciones y Valores SA		1,275,300		486,156

				3,191,037
CONSTRUCTION MATERIALS — 4.41%
Cementos Argos SA		89,596		304,901
Grupo Argos SA/Colombia		68,406		387,238

				692,139
DIVERSIFIED FINANCIAL SERVICES — 2.99%
Grupo de Inversiones Suramericana SA		41,626		468,010

				468,010

TOTAL PREFERRED STOCKS
(Cost: $4,792,469)				4,841,079


Security	Shares		Value
SHORT-TERM INVESTMENTS — 4.73%

MONEY MARKET FUNDS — 4.73%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^c,d,e		709,340	$	709,553
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^c,d		32,761		32,761

				742,314

TOTAL SHORT-TERM INVESTMENTS
(Cost: $742,141)				742,314


TOTAL INVESTMENTS IN SECURITIES — 104.39%
(Cost: $16,227,917)^f				16,370,006
Other Assets, Less Liabilities — (4.39)%				(688,725	)

NET ASSETS — 100.00%			$	15,681,281


Security	Shares		Value
COMMON STOCKS — 95.17%

BRAZIL — 4.48%
AES Tiete Energia SA		1,200	$	5,215
Ambev SA		2,400		12,169
Banco Bradesco SA		1,200		10,338
Banco do Brasil SA		2,000		16,851
Banco Santander Brasil SA Units		1,800		14,985
BM&FBovespa SA-Bolsa de Valores Mercadorias e Futuros		5,600		27,499
BRF SA		1,600		24,432
Cielo SA		1,000		8,786
Cosan SA Industria e Comercio		1,400		16,341
CPFL Energia SA		2,600		18,955
EDP — Energias do Brasil SA		3,600		15,092
Embraer SA		1,400		6,858
Engie Brasil Energia SA		800		8,479
Klabin SA Units		1,000		5,017
Localiza Rent A Car SA		1,000		10,247
Lojas Renner SA		600		3,988
Multiplan Empreendimentos Imobiliarios SA		400		6,874
Natura Cosmeticos SA		1,800		13,942
Ultrapar Participacoes SA		400		8,172
WEG SA		2,000		9,206

				243,446
CHILE — 1.23%
Aguas Andinas SA Series A		28,358		17,774
Banco de Credito e Inversiones		84		4,209
Banco Santander Chile		391,904		21,253
Cia. Cervecerias Unidas SA		286		2,878
Empresas COPEC SA		2,114		20,518

				66,632
CHINA — 26.61%
AAC Technologies Holdings Inc.		2,000		18,101
Agricultural Bank of China Ltd. Class H		38,000		15,922
Alibaba Group Holding Ltd. ADR^a		1,474		138,585
Alibaba Pictures Group Ltd.^a		20,000		3,842
ANTA Sports Products Ltd.		2,000		5,866
Baidu Inc.^a		384		64,109
Bank of China Ltd. Class H		86,000		39,138
Bank of Communications Co. Ltd. Class H		10,000		7,684
Beijing Enterprises Holdings Ltd.		2,000		9,231


Security	Shares		Value
Beijing Enterprises Water Group Ltd.		12,000	$	8,679
Belle International Holdings Ltd.		8,000		4,590
Brilliance China Automotive Holdings Ltd.		12,000		16,801
Byd Co. Ltd. Class H^b		2,000		12,041
China CITIC Bank Corp. Ltd. Class H		54,000		35,227
China Communications Construction Co. Ltd. Class H		4,000		4,796
China Construction Bank Corp. Class H		102,000		76,007
China Everbright Bank Co. Ltd. Class H		48,000		22,773
China Everbright International Ltd.		18,000		21,814
China Everbright Ltd.		4,000		8,076
China Galaxy Securities Co. Ltd. Class H		9,000		8,934
China Life Insurance Co. Ltd. Class H		8,000		23,257
China Longyuan Power Group Corp. Ltd.		18,000		14,086
China Medical System Holdings Ltd.		4,000		6,673
China Merchants Bank Co. Ltd. Class H		10,000		24,701
China Minsheng Banking Corp. Ltd. Class H		17,000		19,199
China Mobile Ltd.		6,000		65,479
China National Building Material Co. Ltd. Class H		12,000		6,064
China Oilfield Services Ltd. Class H		8,000		7,581
China Pacific Insurance Group Co. Ltd. Class H		4,800		18,658
China Petroleum & Chemical Corp. Class H		16,000		11,180
China Shenhua Energy Co. Ltd. Class H		4,000		8,282
China Southern Airlines Co. Ltd. Class H		8,000		4,590
China State Construction International Holdings Ltd.		4,000		6,467
China Telecom Corp. Ltd. Class H		16,000		7,735
China Vanke Co. Ltd. Class H		4,800		14,728
Chongqing Changan Automobile Co. Ltd. Class B		2,800		4,223
CNOOC Ltd.		16,000		20,174
CRRC Corp. Ltd. Class H		8,000		7,900
CSPC Pharmaceutical Group Ltd.		8,000		8,591
Ctrip.com International Ltd.^a		310		14,021
Dongfeng Motor Group Co. Ltd. Class H		8,000		8,138
Fosun International Ltd.		2,000		2,965
GCL-Poly Energy Holdings Ltd.^b		42,000		5,631


Security	Shares		Value
Geely Automobile Holdings Ltd.		40,000	$	41,358
GF Securities Co. Ltd. Class H		2,000		4,682
Guangzhou Automobile Group Co. Ltd. Class H		20,000		26,197
Haier Electronics Group Co. Ltd.		4,000		6,673
Huaneng Renewables Corp. Ltd. Class H		40,000		12,892
Huatai Securities Co. Ltd. Class H^c		2,800		6,433
Industrial & Commercial Bank of China Ltd. Class H		116,000		71,036
JD.com Inc. ADR^a,b		854		22,947
Kingsoft Corp. Ltd.^b		2,000		4,492
Lenovo Group Ltd.		36,000		22,324
Netease Inc.		86		19,273
New Oriental Education & Technology Group Inc. ADR^a		114		5,719
People’s Insurance Co. Group of China Ltd. (The) Class H		34,000		14,333
Ping An Insurance Group Co. of China Ltd. Class H		9,000		49,777
Shandong Weigao Group Medical Polymer Co. Ltd. Class H		8,000		5,528
Shanghai Fosun Pharmaceutical Group Co. Ltd. Class H		4,000		12,583
Shanghai Pharmaceuticals Holding Co. Ltd. Class H		6,200		15,507
Shenzhou International Group Holdings Ltd.		4,000		24,598
Sino-Ocean Group Holding Ltd.		11,000		4,694
Sinopharm Group Co. Ltd. Class H		3,200		14,934
Sinotrans Ltd. Class H		12,000		6,003
SOHO China Ltd.		12,000		6,358
Sun Art Retail Group Ltd.		7,000		5,938
Tencent Holdings Ltd.		8,000		199,777
YY Inc. ADR^a		94		4,067
Zhejiang Expressway Co. Ltd. Class H		4,000		4,275

				1,444,937
COLOMBIA — 0.62%
Cementos Argos SA		9,482		33,943

				33,943
CZECH REPUBLIC — 0.39%
Komercni Banka AS		634		20,980

				20,980


Security	Shares		Value
EGYPT — 0.09%
Global Telecom Holding SAE GDR^a		2,964	$	5,098

				5,098
GREECE — 0.19%
Hellenic Telecommunications Organization SA		512		4,671
Titan Cement Co. SA		256		5,784

				10,455
HUNGARY — 0.72%
MOL Hungarian Oil & Gas PLC		624		38,999

				38,999
INDIA — 8.11%
Axis Bank Ltd.^d		1,836		63,709
ICICI Bank Ltd. ADR		5,934		46,523
Infosys Ltd. ADR		6,730		97,450
Mahindra & Mahindra Ltd. GDR		3,186		54,481
Reliance Industries Ltd. GDR^c		2,122		60,795
Tata Motors Ltd. ADR		1,372		45,372
Wipro Ltd. ADR		7,494		71,868

				440,198
INDONESIA — 2.37%
Astra International Tbk PT		32,800		18,273
Bank Central Asia Tbk PT		27,600		29,122
Bank Mandiri Persero Tbk PT		20,200		15,650
Bank Negara Indonesia Persero Tbk PT		13,600		5,193
Bank Rakyat Indonesia Persero Tbk PT		14,000		11,260
Indofood Sukses Makmur Tbk PT		9,400		5,254
Kalbe Farma Tbk PT		59,200		6,552
Perusahaan Gas Negara Persero Tbk PT		29,200		5,710
Telekomunikasi Indonesia Persero Tbk PT		28,400		7,921
Unilever Indonesia Tbk PT		4,600		13,755
United Tractors Tbk PT		3,200		4,959
XL Axiata Tbk PT^a		29,800		5,057

				128,706
MALAYSIA — 3.10%
Astro Malaysia Holdings Bhd		11,600		6,779
Axiata Group Bhd		7,600		7,130
CIMB Group Holdings Bhd		5,400		5,526
DiGi.Com Bhd^b		17,400		18,974
HAP Seng Consolidated Bhd		7,600		13,512
Malayan Banking Bhd^b		9,000		15,658
Maxis Bhd^b		8,400		11,229


Security	Shares		Value
Petronas Dagangan Bhd		1,000	$	5,150
Public Bank Bhd		12,800		56,118
Sime Darby Bhd		14,000		24,953
Tenaga Nasional Bhd		1,000		3,144

				168,173
MEXICO — 3.32%
Arca Continental SAB de CV		3,200		16,969
Cemex SAB de CV CPO^a		29,000		22,679
Coca-Cola Femsa SAB de CV Series L		5,800		36,697
Fomento Economico Mexicano SAB de CV		3,200		25,151
Gentera SAB de CV		16,200		25,614
Grupo Financiero Banorte SAB de CV		5,800		27,940
Grupo Financiero Santander Mexico SAB de CV Series B		7,800		11,007
Industrias Penoles SAB de CV		650		14,026

				180,083
PHILIPPINES — 0.87%
Aboitiz Equity Ventures Inc.		3,800		5,597
Energy Development Corp.		92,000		9,417
Metro Pacific Investments Corp.		44,600		5,560
SM Prime Holdings Inc.		50,200		26,751

				47,325
POLAND — 0.82%
Bank Millennium SA^a		2,258		2,855
Bank Zachodni WBK SA		102		7,118
KGHM Polska Miedz SA		1,400		29,175
mBank SA^a		38		2,942
Polski Koncern Naftowy ORLEN SA		136		2,480

				44,570
QATAR — 0.78%
Commercial Bank QSC (The)		1,300		11,782
Ooredoo QSC		654		16,704
Qatar Gas Transport Co. Ltd.		2,228		14,134

				42,620
RUSSIA — 3.84%
Alrosa PJSC		11,200		16,215
Gazprom PJSC		13,520		31,347
Gazprom PJSC ADR		2,400		11,062
Lukoil PJSC		490		23,956
Lukoil PJSC ADR		160		7,840
Magnit PJSC GDR^d		280		11,278


Security	Shares		Value
Novatek OJSC GDR^d		252	$	29,761
Rosneft PJSC		1,700		9,013
Rosneft PJSC GDR^d		540		2,840
RusHydro PJSC		1,208,000		17,959
Sberbank of Russia PJSC		12,000		29,575
Sberbank of Russia PJSC ADR		970		9,724
Tatneft PJSC Class S		1,340		8,095

				208,665
SOUTH AFRICA — 7.50%
Aspen Pharmacare Holdings Ltd.		512		10,583
Barclays Africa Group Ltd.		1,726		19,358
Bid Corp. Ltd.		210		3,692
Coronation Fund Managers Ltd.		1,202		6,153
Exxaro Resources Ltd.		1,078		7,424
FirstRand Ltd.		3,432		12,357
Foschini Group Ltd. (The)		618		6,536
Gold Fields Ltd.		2,058		6,544
Imperial Holdings Ltd.		804		9,720
Investec Ltd.		4,234		27,159
Life Healthcare Group Holdings Ltd.		1,696		3,753
Massmart Holdings Ltd.		598		4,882
Mondi Ltd.		550		11,108
Mr. Price Group Ltd.		404		4,178
MTN Group Ltd.		1,890		15,253
Naspers Ltd. Class N		504		73,836
Nedbank Group Ltd.		848		13,905
Netcare Ltd.		8,428		18,771
New Europe Property Investments PLC		1,154		13,244
Pioneer Foods Group Ltd.		618		6,871
RMB Holdings Ltd.		2,288		10,179
Sanlam Ltd.		5,404		23,760
Sasol Ltd.		602		16,282
Standard Bank Group Ltd.		3,698		39,811
Tsogo Sun Holdings Ltd.		5,154		10,366
Vodacom Group Ltd.		1,948		20,100
Woolworths Holdings Ltd./South Africa		2,500		11,573

				407,398
SOUTH KOREA — 13.59%
AmorePacific Corp.		72		20,201
AmorePacific Group		132		14,566
BNK Financial Group Inc.		1,354		10,378
CJ CheilJedang Corp.		34		11,168
Coway Co. Ltd.		136		9,830


Security	Shares		Value
DGB Financial Group Inc.		1,898	$	15,537
Doosan Heavy Industries & Construction Co. Ltd.		268		5,915
GS Engineering & Construction Corp.^a		158		3,196
GS Holdings Corp.		442		20,568
Hana Financial Group Inc.		354		9,735
Hankook Tire Co. Ltd.		158		7,325
Hanwha Chemical Corp.		242		4,813
Hyosung Corp.		54		6,421
Hyundai Heavy Industries Co. Ltd.^a		76		9,231
Kangwon Land Inc.		430		13,113
KB Financial Group Inc.		360		12,964
LG Chem Ltd.		116		22,475
LG Corp.		370		17,882
LG Display Co. Ltd.		756		18,107
LG Electronics Inc.		344		13,212
LG Household & Health Care Ltd.		22		14,810
LG Innotek Co. Ltd.		146		10,128
NAVER Corp.		24		16,383
POSCO		156		33,294
S-Oil Corp.		278		19,975
Samsung C&T Corp.		74		8,102
Samsung Card Co. Ltd.		340		12,157
Samsung Electro-Mechanics Co. Ltd.		172		6,812
Samsung Electronics Co. Ltd.		154		230,002
Samsung Fire & Marine Insurance Co. Ltd.		84		21,053
Samsung SDI Co. Ltd.		134		10,580
Samsung SDS Co. Ltd.		46		5,312
Shinhan Financial Group Co. Ltd.		1,024		38,628
SK Holdings Co. Ltd.		64		12,674
SK Hynix Inc.		764		28,036
SK Innovation Co. Ltd.		68		8,870
SK Telecom Co. Ltd.		74		14,306

				737,759
TAIWAN — 12.01%
Acer Inc.		26,000		11,012
Advanced Semiconductor Engineering Inc.		20,000		21,491
Asia Pacific Telecom Co. Ltd.^a		16,000		4,980
AU Optronics Corp.		20,000		7,185
Cathay Financial Holding Co. Ltd.		12,000		17,657
Chailease Holding Co. Ltd.		6,000		10,241
China Steel Corp.		30,000		23,531


Security	Shares		Value
Chunghwa Telecom Co. Ltd.		22,000	$	74,201
Delta Electronics Inc.		4,000		20,080
EVA Airways Corp.		14,700		7,218
Far Eastern New Century Corp.		22,000		16,221
Far EasTone Telecommunications Co. Ltd.		8,000		18,523
Fubon Financial Holding Co. Ltd.		6,000		9,309
Hiwin Technologies Corp.		2,040		8,480
Hon Hai Precision Industry Co. Ltd.		8,800		22,640
Hotai Motor Co. Ltd.		2,000		22,997
Innolux Corp.		16,000		5,522
Inventec Corp.		14,000		9,466
Lite-On Technology Corp.		8,039		12,687
MediaTek Inc.		2,000		13,899
President Chain Store Corp.		4,000		30,057
Siliconware Precision Industries Co. Ltd.		10,000		15,138
Taiwan Mobile Co. Ltd.		10,000		33,728
Taiwan Semiconductor Manufacturing Co. Ltd.		38,000		218,178
Vanguard International Semiconductor Corp.		4,000		7,542
Wistron Corp.		14,418		10,314

				652,297
THAILAND — 3.00%
Advanced Info Service PCL NVDR		2,200		8,910
BTS Group Holdings PCL NVDR		175,200		42,720
Kasikornbank PCL NVDR		4,400		20,903
Minor International PCL NVDR		24,600		25,855
PTT Exploration & Production PCL NVDR		2,000		4,625
PTT PCL NVDR		1,600		15,651
Siam Cement PCL (The) NVDR		2,400		32,018
Siam Commercial Bank PCL (The) NVDR		1,400		5,748
Thai Oil PCL NVDR		3,000		6,222

				162,652
TURKEY — 0.95%
Anadolu Efes Biracilik ve Malt Sanayii AS		1,302		6,846
Arcelik AS		5,092		29,761
Coca-Cola Icecek AS		956		9,151
KOC Holding AS		1,668		6,057

				51,815


Security	Shares		Value
UNITED ARAB EMIRATES — 0.58%
Abu Dhabi Commercial Bank PJSC		12,702	$	21,442
National Bank of Abu Dhabi PJSC		3,884		9,940

				31,382

TOTAL COMMON STOCKS
(Cost: $4,826,562)				5,168,133

PREFERRED STOCKS — 4.57%

BRAZIL — 3.24%
Banco Bradesco SA		5,000		43,976
Braskem SA Class A		600		4,878
Cia. Brasileira de Distribuicao		800		12,914
Cia. Energetica de Minas Gerais		6,200		14,480
Cia. Paranaense de Energia Class B		1,600		13,694
Gerdau SA		1,200		4,807
Itau Unibanco Holding SA		4,840		50,682
Itausa-Investimentos Itau SA		9,800		24,946
Telefonica Brasil SA		400		5,340

				175,717
CHILE — 0.28%
Embotelladora Andina SA Class B		66		247
Sociedad Quimica y Minera de Chile SA Series B		532		15,188

				15,435
COLOMBIA — 0.10%
Bancolombia SA		638		5,428

				5,428
SOUTH KOREA — 0.95%
AmorePacific Corp.		36		5,989
LG Chem Ltd.		56		7,880
LG Household & Health Care Ltd.		12		5,117
Samsung Electronics Co. Ltd.		28		32,478

				51,464

TOTAL PREFERRED STOCKS
(Cost: $214,239)				248,044

SHORT-TERM INVESTMENTS — 1.31%

MONEY MARKET FUNDS — 1.31%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^e,f,g		70,168		70,189


Security	Shares		Value
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^e,f		908	$	908

				71,097

TOTAL SHORT-TERM INVESTMENTS
(Cost: $71,081)				71,097


TOTAL INVESTMENTS IN SECURITIES — 101.05%
(Cost: $5,111,882)^h				5,487,274
Other Assets, Less Liabilities — (1.05)%				(56,750	)

NET ASSETS — 100.00%			$	5,430,524

ADR — American Depositary Receipts

CPO — Certificates of Participation (Ordinary)

GDR — Global Depositary Receipts

NVDR — Non-Voting Depositary Receipts

^a	Non-income earning security.

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

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

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

^e	Affiliated money market fund.

^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.

^h	The cost of investments for federal income tax purposes was $5,116,659. Net unrealized appreciation was $370,615, of which $512,567 represented gross unrealized appreciation on securities and $141,952 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 98.70%

CHINA — 38.60%
3SBio Inc.^a,b,c		68,000	$	72,325
58.com Inc. ADR^a		4,856		155,732
AAC Technologies Holdings Inc.		46,500		420,839
Agricultural Bank of China Ltd. Class H		1,541,000		645,672
Air China Ltd. Class H		122,000		83,675
Alibaba Group Holding Ltd. ADR^a		70,262		6,606,033
Alibaba Health Information Technology Ltd.^a		206,000		115,261
Alibaba Pictures Group Ltd.^a		710,000		136,386
Aluminum Corp. of China Ltd. Class H^a		244,000		108,841
Anhui Conch Cement Co. Ltd. Class H^c		77,500		224,308
ANTA Sports Products Ltd.^c		63,000		184,777
AviChina Industry & Technology Co. Ltd. Class H		140,000		96,923
Baidu Inc.^a		16,982		2,835,145
Bank of China Ltd. Class H		4,974,000		2,263,634
Bank of Communications Co. Ltd. Class H		549,000		421,837
Beijing Capital International Airport Co. Ltd. Class H		100,000		98,625
Beijing Enterprises Holdings Ltd.		32,500		150,000
Beijing Enterprises Water Group Ltd.^c		270,000		195,278
Belle International Holdings Ltd.		397,000		227,759
Brilliance China Automotive Holdings Ltd.		194,000		271,617
Byd Co. Ltd. Class H^c		41,000		246,846
CGN Power Co. Ltd. Class H^b		667,000		200,358
China Cinda Asset Management Co. Ltd. Class H		505,000		182,295
China CITIC Bank Corp. Ltd. Class H		563,000		367,269
China Coal Energy Co. Ltd. Class H^a		130,000		65,531
China Communications Construction Co. Ltd. Class H		274,000		328,518
China Communications Services Corp. Ltd. Class H		156,000		91,911


Security	Shares		Value
China Conch Venture Holdings Ltd.		85,000	$	156,704
China Construction Bank Corp. Class H		5,269,000		3,926,285
China Everbright Bank Co. Ltd. Class H		196,000		92,989
China Everbright International Ltd.^c		154,000		186,627
China Everbright Ltd.		56,000		113,059
China Evergrande Group^c		263,000		179,704
China Galaxy Securities Co. Ltd. Class H		182,500		181,167
China Gas Holdings Ltd.		108,000		142,856
China Huarong Asset Management Co. Ltd.^a,b		288,000		115,844
China Huishan Dairy Holdings Co. Ltd.^c		265,000		99,076
China Jinmao Holdings Group Ltd.^c		226,000		60,604
China Life Insurance Co. Ltd. Class H		464,000		1,348,933
China Longyuan Power Group Corp. Ltd.		193,000		151,033
China Medical System Holdings Ltd.		78,000		130,123
China Mengniu Dairy Co. Ltd.		171,000		350,525
China Merchants Bank Co. Ltd. Class H		243,831		602,296
China Merchants Port Holdings Co. Ltd.		78,000		195,889
China Minsheng Banking Corp. Ltd. Class H		346,300		391,095
China Mobile Ltd.		384,000		4,190,675
China National Building Material Co. Ltd. Class H		172,000		86,924
China Oilfield Services Ltd. Class H		108,000		102,338
China Overseas Land & Investment Ltd.		238,000		687,307
China Pacific Insurance Group Co. Ltd. Class H		164,400		639,021
China Petroleum & Chemical Corp. Class H		1,594,600		1,114,235
China Power International Development Ltd.		203,000		75,111
China Railway Construction Corp. Ltd. Class H		127,000		180,431
China Railway Group Ltd. Class H		251,000		226,515
China Resources Beer Holdings Co. Ltd.^a,c		102,000		215,923


Security	Shares		Value
China Resources Gas Group Ltd.		56,000	$	166,051
China Resources Land Ltd.		171,777		417,226
China Resources Power Holdings Co. Ltd.		118,000		194,115
China Shenhua Energy Co. Ltd. Class H		215,500		446,189
China Southern Airlines Co. Ltd. Class H		118,000		67,697
China State Construction International Holdings Ltd.		112,000		181,068
China Taiping Insurance Holdings Co. Ltd.^a		102,100		233,773
China Telecom Corp. Ltd. Class H		862,000		416,739
China Unicom Hong Kong Ltd.		376,000		456,630
China Vanke Co. Ltd. Class H		78,700		241,478
Chongqing Changan Automobile Co. Ltd. Class B		48,900		73,760
Chongqing Rural Commercial Bank Co. Ltd. Class H		165,000		102,957
CITIC Ltd.		269,000		414,078
CITIC Securities Co. Ltd. Class H		134,500		314,894
CNOOC Ltd.		1,115,000		1,405,852
COSCO SHIPPING Ports Ltd.		108,000		113,059
Country Garden Holdings Co. Ltd.^c		358,828		200,771
CRRC Corp. Ltd. Class H		262,750		259,476
CSPC Pharmaceutical Group Ltd.		262,000		281,366
Ctrip.com International Ltd.^a		23,400		1,058,382
Dongfeng Motor Group Co. Ltd. Class H		166,000		168,854
ENN Energy Holdings Ltd.		48,000		220,920
Far East Horizon Ltd.		125,000		112,968
Fosun International Ltd.^c		163,500		242,405
Fullshare Holdings Ltd.		392,500		208,985
Fuyao Glass Industry Group Co. Ltd.^b		27,200		82,757
GCL-Poly Energy Holdings Ltd.^c		823,000		110,347
Geely Automobile Holdings Ltd.		335,000		346,374
GF Securities Co. Ltd. Class H		83,800		196,194
GOME Electrical Appliances Holding Ltd.^c		781,000		101,695
Great Wall Motor Co. Ltd. Class H		197,500		185,873
Guangdong Investment Ltd.		174,000		243,616
Guangzhou Automobile Group Co. Ltd. Class H		132,000		172,899


Security	Shares		Value
Guangzhou R&F Properties Co. Ltd. Class H		64,400	$	81,863
Haier Electronics Group Co. Ltd.		76,000		126,787
Haitian International Holdings Ltd.		42,000		83,928
Haitong Securities Co. Ltd. Class H		191,200		368,761
Hanergy Thin Film Power Group Ltd.^a		2,513		—
Hengan International Group Co. Ltd.^c		45,000		354,180
HengTen Networks Group Ltd.^a		1,316,000		115,369
Huaneng Power International Inc. Class H		266,000		166,665
Huaneng Renewables Corp. Ltd. Class H		248,000		79,931
Huatai Securities Co. Ltd. Class H^b		93,200		214,116
Industrial & Commercial Bank of China Ltd. Class H		4,619,000		2,828,573
JD.com Inc. ADR^a		41,741		1,121,581
Jiangsu Expressway Co. Ltd. Class H		82,000		109,310
Jiangxi Copper Co. Ltd. Class H		75,000		114,676
Kingsoft Corp. Ltd.^c		47,000		105,553
Kunlun Energy Co. Ltd.^c		206,000		150,583
Lenovo Group Ltd.^c		458,000		284,012
Longfor Properties Co. Ltd.		91,500		117,609
Netease Inc.		4,939		1,106,830
New China Life Insurance Co. Ltd. Class H		48,100		243,394
New Oriental Education & Technology Group Inc. ADR^a		8,426		422,732
Nine Dragons Paper (Holdings) Ltd.		99,000		86,918
People’s Insurance Co. Group of China Ltd. (The) Class H		429,000		180,855
PetroChina Co. Ltd. Class H		1,324,000		899,548
PICC Property & Casualty Co. Ltd. Class H		287,160		481,275
Ping An Insurance Group Co. of China Ltd. Class H		326,500		1,805,786
Qunar Cayman Islands Ltd. ADR^a		2,245		67,417
Semiconductor Manufacturing International Corp.^a,c		1,704,000		230,667
Shandong Weigao Group Medical Polymer Co. Ltd. Class H		124,000		85,687
Shanghai Electric Group Co. Ltd. Class H^a		178,000		85,826


Security	Shares		Value
Shanghai Fosun Pharmaceutical Group Co. Ltd. Class H		27,000	$	84,934
Shanghai Industrial Holdings Ltd.		33,000		92,959
Shanghai Lujiazui Finance & Trade Zone Development Co. Ltd. Class B		63,180		98,245
Shanghai Pharmaceuticals Holding Co. Ltd. Class H		45,100		112,799
Shenzhou International Group Holdings Ltd.		35,000		215,235
Shimao Property Holdings Ltd.		74,500		97,391
Sina Corp.^a		3,504		270,018
Sino Biopharmaceutical Ltd.		287,000		196,843
Sino-Ocean Group Holding Ltd.		200,000		85,346
Sinopec Engineering Group Co. Ltd. Class H		83,500		72,125
Sinopec Shanghai Petrochemical Co. Ltd. Class H		219,000		115,194
Sinopharm Group Co. Ltd. Class H		74,000		345,355
Sinotrans Ltd. Class H		137,000		68,530
SOHO China Ltd.		131,500		69,678
Sun Art Retail Group Ltd.^c		140,500		119,187
Sunac China Holdings Ltd.		115,000		87,325
Sunny Optical Technology Group Co. Ltd.		44,000		221,513
TAL Education Group Class A ADR^a		2,682		205,253
Tencent Holdings Ltd.		355,600		8,880,086
Tingyi Cayman Islands Holding Corp.^c		122,000		145,016
TravelSky Technology Ltd. Class H		57,000		119,487
Tsingtao Brewery Co. Ltd. Class H		24,000		94,680
Vipshop Holdings Ltd. ADR^a		25,459		285,650
Want Want China Holdings Ltd.^c		352,000		224,633
Weibo Corp. ADR^a		1,958		100,465
Weichai Power Co. Ltd. Class H		61,600		99,270
Yanzhou Coal Mining Co. Ltd. Class H^c		124,000		86,646
Yum China Holdings Inc.^a		24,057		676,483
YY Inc. ADR^a		1,841		79,660
Zhejiang Expressway Co. Ltd. Class H		96,000		102,601
Zhuzhou CRRC Times Electric Co. Ltd. Class H		34,500		187,252


Security	Shares		Value
Zijin Mining Group Co. Ltd. Class H		358,000	$	120,000
ZTE Corp. Class H		48,160		78,232

				68,138,655
INDIA — 11.65%
ACC Ltd.		2,972		58,286
Adani Ports & Special Economic Zone Ltd.		52,215		211,991
Ambuja Cements Ltd.		37,836		116,522
Apollo Hospitals Enterprise Ltd.		4,577		79,927
Ashok Leyland Ltd.		74,762		86,832
Asian Paints Ltd.		18,245		258,526
Aurobindo Pharma Ltd.		16,215		175,489
Axis Bank Ltd.		104,569		717,787
Bajaj Auto Ltd.		5,281		207,166
Bajaj Finance Ltd.		10,271		138,019
Bajaj Finserv Ltd.		2,175		95,009
Bharat Forge Ltd.		6,371		84,095
Bharat Heavy Electricals Ltd.		37,873		72,012
Bharat Petroleum Corp. Ltd.		29,937		281,640
Bharti Airtel Ltd.		63,409		300,699
Bharti Infratel Ltd.		35,733		195,999
Bosch Ltd.		482		144,534
Cadila Healthcare Ltd.		12,767		74,925
Cairn India Ltd.		29,777		109,452
Cipla Ltd.		21,433		177,416
Coal India Ltd.		43,390		195,622
Container Corp. of India Ltd.		2,150		36,750
Dabur India Ltd.		32,941		136,458
Divi’s Laboratories Ltd.		5,253		90,097
Dr. Reddy’s Laboratories Ltd.		7,060		329,736
Eicher Motors Ltd.		845		266,896
GAIL (India) Ltd.		20,114		124,814
Glenmark Pharmaceuticals Ltd.		8,602		110,037
Godrej Consumer Products Ltd.		7,743		164,834
Havells India Ltd.		15,839		79,682
HCL Technologies Ltd.		35,782		420,190
Hero Motocorp Ltd.		3,148		145,608
Hindalco Industries Ltd.		70,695		181,517
Hindustan Petroleum Corp. Ltd.		23,843		164,134
Hindustan Unilever Ltd.		39,650		488,899
Housing Development Finance Corp. Ltd.		93,674		1,728,582
ICICI Bank Ltd.		70,683		274,217


Security	Shares		Value
Idea Cellular Ltd.		80,549	$	91,141
IDFC Bank Ltd.		78,701		78,702
Indiabulls Housing Finance Ltd.		18,467		206,405
Infosys Ltd.		114,362		1,629,913
ITC Ltd.		213,477		725,114
JSW Steel Ltd.		5,232		132,159
Larsen & Toubro Ltd.		20,095		405,943
LIC Housing Finance Ltd.		18,460		152,213
Lupin Ltd.		13,913		305,877
Mahindra & Mahindra Financial Services Ltd.		18,229		79,535
Mahindra & Mahindra Ltd.		23,635		409,208
Marico Ltd.		28,360		104,679
Maruti Suzuki India Ltd.		6,706		515,914
Motherson Sumi Systems Ltd.		26,752		121,080
Nestle India Ltd.		1,466		134,709
NTPC Ltd.		104,655		249,448
Oil & Natural Gas Corp. Ltd.		53,694		226,624
Piramal Enterprises Ltd.		5,065		125,288
Power Finance Corp. Ltd.		41,718		81,792
Reliance Industries Ltd.		80,580		1,165,514
Shree Cement Ltd.		533		121,253
Shriram Transport Finance Co. Ltd.		9,523		125,832
Siemens Ltd.		4,453		70,725
State Bank of India		98,515		371,830
Sun Pharmaceuticals Industries Ltd.		60,501		627,382
Tata Consultancy Services Ltd.		29,293		974,045
Tata Motors Ltd.		98,543		661,234
Tata Motors Ltd. Class A		22,724		98,898
Tata Power Co. Ltd.		74,127		80,193
Tata Steel Ltd.		18,884		114,506
Tech Mahindra Ltd.		15,056		106,724
Titan Co. Ltd.		19,713		93,167
Ultratech Cement Ltd.		4,907		258,326
United Spirits Ltd.^a		4,174		116,987
UPL Ltd.		22,634		209,628
Vedanta Ltd.		65,166		218,826
Wipro Ltd.		38,689		262,971
Yes Bank Ltd.		19,834		340,139
Zee Entertainment Enterprises Ltd.		36,560		243,372

				20,561,695
INDONESIA — 3.49%
Adaro Energy Tbk PT		867,600		97,947
AKR Corporindo Tbk PT		112,900		55,606


Security	Shares		Value
Astra International Tbk PT		1,277,400	$	711,630
Bank Central Asia Tbk PT		761,400		803,396
Bank Danamon Indonesia Tbk PT		205,300		49,233
Bank Mandiri Persero Tbk PT		592,700		459,203
Bank Negara Indonesia Persero Tbk PT		467,500		178,514
Bank Rakyat Indonesia Persero Tbk PT		700,700		563,559
Bumi Serpong Damai Tbk PT		503,400		63,146
Charoen Pokphand Indonesia Tbk PT		460,100		106,941
Gudang Garam Tbk PT		31,400		150,599
Hanjaya Mandala Sampoerna Tbk PT		601,200		168,571
Indocement Tunggal Prakarsa Tbk PT		94,500		111,392
Indofood CBP Sukses Makmur Tbk PT		147,000		93,824
Indofood Sukses Makmur Tbk PT		280,200		156,614
Jasa Marga Persero Tbk PT		117,300		35,919
Kalbe Farma Tbk PT		1,337,000		147,980
Lippo Karawaci Tbk PT		1,154,800		65,185
Matahari Department Store Tbk PT		149,500		158,849
Media Nusantara Citra Tbk PT		293,200		37,536
Pakuwon Jati Tbk PT		1,273,300		64,358
Perusahaan Gas Negara Persero Tbk PT		680,000		132,964
Semen Indonesia Persero Tbk PT		192,700		126,192
Summarecon Agung Tbk PT		612,200		63,919
Surya Citra Media Tbk PT		335,800		62,192
Telekomunikasi Indonesia Persero Tbk PT		3,180,900		887,202
Tower Bersama Infrastructure Tbk PT		152,200		62,329
Unilever Indonesia Tbk PT		92,000		275,100
United Tractors Tbk PT		107,400		166,419
Waskita Karya Persero Tbk PT		300,800		56,598
XL Axiata Tbk PT^a		241,800		41,036

				6,153,953
MALAYSIA — 3.50%
AirAsia Bhd		65,600		40,541
Alliance Financial Group Bhd		59,900		51,638
AMMB Holdings Bhd		113,600		106,325
Astro Malaysia Holdings Bhd		98,900		57,799


Security	Shares		Value
Axiata Group Bhd		166,700	$	156,398
Berjaya Sports Toto Bhd		40,355		28,283
British American Tobacco Malaysia Bhd		9,500		94,022
CIMB Group Holdings Bhd		196,500		201,076
Dialog Group Bhd		197,378		70,713
DiGi.Com Bhd^c		222,100		242,191
Felda Global Ventures Holdings Bhd^c		82,600		28,483
Gamuda Bhd^c		104,300		112,100
Genting Bhd		136,900		244,005
Genting Malaysia Bhd		188,900		197,529
Genting Plantations Bhd		16,000		38,334
HAP Seng Consolidated Bhd		38,200		67,915
Hartalega Holdings Bhd^c		39,100		42,900
Hong Leong Bank Bhd		40,100		119,420
Hong Leong Financial Group Bhd		14,100		47,358
IHH Healthcare Bhd		209,200		309,163
IJM Corp. Bhd		179,100		129,533
IOI Corp. Bhd^c		143,400		139,675
IOI Properties Group Bhd		91,115		42,640
Kuala Lumpur Kepong Bhd		26,500		141,697
Lafarge Malaysia Bhd		21,000		33,856
Malayan Banking Bhd^c		216,200		376,147
Malaysia Airports Holdings Bhd		46,900		66,685
Maxis Bhd^c		118,400		158,273
MISC Bhd^c		72,000		118,334
Petronas Chemicals Group Bhd^c		151,500		231,694
Petronas Dagangan Bhd		13,400		69,010
Petronas Gas Bhd		41,900		196,834
PPB Group Bhd		30,900		108,212
Public Bank Bhd^c		169,310		742,295
RHB Bank Bhd		51,462		56,463
RHB Bank Bhd New		28,800		—
Sapurakencana Petroleum Bhd^a		236,600		76,288
Sime Darby Bhd		139,200		248,104
Telekom Malaysia Bhd^c		72,900		100,715
Tenaga Nasional Bhd		210,600		662,074
UMW Holdings Bhd^c		28,600		32,916
Westports Holdings Bhd		69,500		68,006
YTL Corp. Bhd		273,153		88,074
YTL Power International Bhd		133,215		42,059

				6,185,777


Security	Shares		Value
PHILIPPINES — 1.69%
Aboitiz Equity Ventures Inc.		124,850	$	183,898
Aboitiz Power Corp.		96,200		82,988
Alliance Global Group Inc.		126,900		33,173
Ayala Corp.		15,690		229,056
Ayala Land Inc.		465,000		307,631
Bank of the Philippine Islands		44,900		81,259
BDO Unibank Inc.		105,680		238,008
DMCI Holdings Inc.		239,300		64,962
Energy Development Corp.		599,100		61,319
Globe Telecom Inc.		2,225		65,323
GT Capital Holdings Inc.		4,875		113,616
International Container Terminal Services Inc.		34,600		50,234
JG Summit Holdings Inc.		181,696		249,362
Jollibee Foods Corp.		26,950		116,948
Megaworld Corp.		595,400		44,059
Metro Pacific Investments Corp.		813,500		101,422
Metropolitan Bank & Trust Co.		40,346		60,848
PLDT Inc.		6,195		157,709
Robinsons Land Corp.		106,100		54,938
Security Bank Corp.		7,150		26,095
SM Investments Corp.		15,469		194,101
SM Prime Holdings Inc.		524,450		279,468
Universal Robina Corp.		55,280		188,861

				2,985,278
SOUTH KOREA — 19.24%
AmorePacific Corp.		2,033		570,398
AmorePacific Group		1,768		195,092
BGF retail Co. Ltd.		1,256		93,471
BNK Financial Group Inc.		16,317		125,059
Celltrion Inc.^a		4,734		414,663
Cheil Worldwide Inc.		4,200		53,710
CJ CheilJedang Corp.		491		161,280
CJ Corp.		916		137,512
CJ E&M Corp.		1,257		60,643
CJ Korea Express Corp.^a		458		72,086
Coway Co. Ltd.		3,330		240,695
Daelim Industrial Co. Ltd.		1,589		103,845
Daewoo Engineering & Construction Co. Ltd.^a		7,997		35,366
DGB Financial Group Inc.		10,570		86,527
Dongbu Insurance Co. Ltd.		3,101		193,638
Dongsuh Cos. Inc.		2,305		52,447


Security	Shares		Value
Doosan Heavy Industries & Construction Co. Ltd.		3,147	$	69,452
E-MART Inc.		1,223		196,676
GS Engineering & Construction Corp.^a		2,941		59,497
GS Holdings Corp.		3,159		146,999
GS Retail Co. Ltd.		1,771		71,655
Hana Financial Group Inc.		18,696		514,158
Hankook Tire Co. Ltd.		4,596		213,082
Hanmi Pharm Co. Ltd.		327		103,075
Hanmi Science Co. Ltd.		751		48,180
Hanon Systems		11,676		97,479
Hanssem Co. Ltd.		658		116,229
Hanwha Chemical Corp.		6,769		134,622
Hanwha Corp.		2,773		83,732
Hanwha Life Insurance Co. Ltd.		12,874		73,342
Hanwha Techwin Co. Ltd.		2,243		91,807
Hotel Shilla Co. Ltd.		2,069		89,199
Hyosung Corp.		1,317		156,591
Hyundai Department Store Co. Ltd.		951		87,856
Hyundai Development Co. Engineering & Construction		3,453		121,987
Hyundai Engineering & Construction Co. Ltd.		4,528		152,412
Hyundai Glovis Co. Ltd.		1,177		160,081
Hyundai Heavy Industries Co. Ltd.^a		2,638		320,428
Hyundai Marine & Fire Insurance Co. Ltd.		3,830		119,252
Hyundai Mobis Co. Ltd.		4,264		908,204
Hyundai Motor Co.		9,560		1,087,618
Hyundai Steel Co.		5,078		216,751
Hyundai Wia Corp.		1,020		60,028
Industrial Bank of Korea		15,882		177,289
Kakao Corp.		1,981		131,666
Kangwon Land Inc.		7,452		227,248
KB Financial Group Inc.		24,515		882,838
KCC Corp.		386		122,993
KEPCO Plant Service & Engineering Co. Ltd.		1,460		72,060
Kia Motors Corp.		16,399		524,633
Korea Aerospace Industries Ltd. Class A		4,132		234,337
Korea Electric Power Corp.		15,997		636,295
Korea Gas Corp.		1,827		66,966
Korea Investment Holdings Co. Ltd.		2,575		88,216


Security	Shares		Value
Korea Zinc Co. Ltd.		534	$	215,601
Korean Air Lines Co. Ltd.^a		2,284		61,054
KT Corp.		1,558		39,781
KT&G Corp.		7,302		655,840
Kumho Petrochemical Co. Ltd.		1,145		71,498
LG Chem Ltd.		2,890		559,929
LG Corp.		6,011		290,511
LG Display Co. Ltd.		14,553		348,560
LG Electronics Inc.		6,655		255,600
LG Household & Health Care Ltd.		592		398,532
LG Innotek Co. Ltd.		939		65,141
LG Uplus Corp.		13,390		131,145
Lotte Chemical Corp.		978		268,959
Lotte Chilsung Beverage Co. Ltd.		36		48,255
Lotte Confectionery Co. Ltd.		351		53,594
Lotte Shopping Co. Ltd.		722		134,018
Mirae Asset Daewoo Co. Ltd.		11,786		70,068
Mirae Asset Securities Co. Ltd.		4,852		84,668
NAVER Corp.		1,746		1,191,829
NCsoft Corp.		1,097		255,236
NH Investment & Securities Co. Ltd.		9,121		76,694
OCI Co. Ltd.^a,c		1,109		69,819
Orion Corp./Republic of Korea		217		126,222
Ottogi Corp.		75		44,395
POSCO		4,361		930,730
Posco Daewoo Corp.		2,884		65,744
S-1 Corp.		1,134		92,055
S-Oil Corp.		2,860		205,500
Samsung Biologics Co. Ltd.^a		948		124,881
Samsung C&T Corp.		4,729		517,781
Samsung Card Co. Ltd.		2,109		75,408
Samsung Electro-Mechanics Co. Ltd.		3,505		138,815
Samsung Electronics Co. Ltd.		6,208		9,271,775
Samsung Fire & Marine Insurance Co. Ltd.		2,083		522,064
Samsung Heavy Industries Co. Ltd.^a		15,217		108,037
Samsung Life Insurance Co. Ltd.		4,436		432,577
Samsung SDI Co. Ltd.		3,441		271,677
Samsung SDS Co. Ltd.		2,210		255,207
Samsung Securities Co. Ltd.		3,585		98,284
Shinhan Financial Group Co. Ltd.		26,709		1,007,542
Shinsegae Inc.		458		70,715
SK Holdings Co. Ltd.		2,855		565,359


Security	Shares		Value
SK Hynix Inc.		36,341	$	1,333,586
SK Innovation Co. Ltd.		4,027		525,313
SK Networks Co. Ltd.		7,421		43,166
SK Telecom Co. Ltd.		1,262		243,969
Woori Bank		19,037		195,410
Yuhan Corp.		488		82,234

				33,956,143
TAIWAN — 17.34%
Acer Inc.		195,062		82,620
Advanced Semiconductor Engineering Inc.		393,434		422,775
Advantech Co. Ltd.		19,894		160,098
Asia Cement Corp.		150,229		132,210
Asia Pacific Telecom Co. Ltd.^a		133,000		41,394
Asustek Computer Inc.		44,000		364,446
AU Optronics Corp.		533,000		191,474
Casetek Holdings Ltd.		10,000		27,327
Catcher Technology Co. Ltd.		41,000		297,791
Cathay Financial Holding Co. Ltd.		509,944		750,365
Chailease Holding Co. Ltd.		64,496		110,080
Chang Hwa Commercial Bank Ltd.		323,614		173,113
Cheng Shin Rubber Industry Co. Ltd.		118,776		223,592
Chicony Electronics Co. Ltd.		34,864		82,147
China Airlines Ltd.		182,000		54,589
China Development Financial Holding Corp.		843,200		210,053
China Life Insurance Co. Ltd./Taiwan		215,835		230,238
China Steel Corp.		731,867		574,049
Chunghwa Telecom Co. Ltd.		239,000		806,090
Compal Electronics Inc.		270,000		153,751
CTBC Financial Holding Co. Ltd.		1,093,265		600,262
Delta Electronics Inc.		122,000		612,431
E.Sun Financial Holding Co. Ltd.		463,017		268,748
Eclat Textile Co. Ltd.		12,200		126,314
EVA Airways Corp.		130,397		64,026
Evergreen Marine Corp. Taiwan Ltd.^a		109,050		41,228
Far Eastern New Century Corp.		208,460		153,698
Far EasTone Telecommunications Co. Ltd.		98,000		226,913
Feng TAY Enterprise Co. Ltd.		22,064		82,724
First Financial Holding Co. Ltd.		594,370		313,288


Security	Shares		Value
Formosa Chemicals & Fibre Corp.		202,950	$	636,109
Formosa Petrochemical Corp.		74,000		249,584
Formosa Plastics Corp.		257,400		733,283
Formosa Taffeta Co. Ltd.		47,000		43,943
Foxconn Technology Co. Ltd.		55,521		145,627
Fubon Financial Holding Co. Ltd.		414,396		642,923
Giant Manufacturing Co. Ltd.		17,000		101,340
Highwealth Construction Corp.		53,840		80,744
Hiwin Technologies Corp.		12,981		53,964
Hon Hai Precision Industry Co. Ltd.		967,314		2,488,619
Hotai Motor Co. Ltd.		15,000		172,481
HTC Corp.^a		40,000		105,795
Hua Nan Financial Holdings Co. Ltd.		471,392		239,593
Innolux Corp.		549,620		189,685
Inotera Memories Inc.^a		163,000		152,399
Inventec Corp.		166,980		112,899
Largan Precision Co. Ltd.		6,000		694,632
Lite-On Technology Corp.		133,032		209,943
MediaTek Inc.		92,176		640,573
Mega Financial Holding Co. Ltd.		680,542		485,751
Merida Industry Co. Ltd.		13,350		58,430
Micro-Star International Co. Ltd.		40,000		106,673
Nan Ya Plastics Corp.		295,090		621,232
Nanya Technology Corp.		43,000		60,035
Nien Made Enterprise Co. Ltd.		9,000		100,806
Novatek Microelectronics Corp.		35,000		116,399
OBI Pharma Inc.^a		7,000		61,714
Pegatron Corp.		122,000		290,522
Phison Electronics Corp.		10,000		76,397
Pou Chen Corp.		143,000		178,789
Powertech Technology Inc.		44,000		113,061
President Chain Store Corp.		36,000		270,511
Quanta Computer Inc.		173,000		322,411
Realtek Semiconductor Corp.		30,140		93,617
Ruentex Development Co. Ltd.^a		54,888		65,611
Ruentex Industries Ltd.		35,855		65,809
Shin Kong Financial Holding Co. Ltd.^a		512,138		132,080
Siliconware Precision Industries Co. Ltd.		135,438		205,029
SinoPac Financial Holdings Co. Ltd.		634,173		181,062
Standard Foods Corp.		25,873		61,368
Synnex Technology International Corp.		94,050		96,195


Security	Shares		Value
TaiMed Biologics Inc.^a		9,000	$	50,403
Taishin Financial Holding Co. Ltd.		535,561		196,595
Taiwan Business Bank		262,397		66,437
Taiwan Cement Corp.		205,000		237,011
Taiwan Cooperative Financial Holding Co. Ltd.		496,435		218,834
Taiwan Fertilizer Co. Ltd.		48,000		61,067
Taiwan Mobile Co. Ltd.		103,000		347,394
Taiwan Semiconductor Manufacturing Co. Ltd.		1,542,000		8,853,450
Teco Electric and Machinery Co. Ltd.		119,000		99,500
Transcend Information Inc.		10,000		27,421
Uni-President Enterprises Corp.		298,650		510,665
United Microelectronics Corp.		731,000		258,016
Vanguard International Semiconductor Corp.		60,000		113,136
Wistron Corp.		158,022		113,039
WPG Holdings Ltd.		87,000		107,682
Yuanta Financial Holding Co. Ltd.		584,893		211,951
Yulon Motor Co. Ltd.		54,000		46,845
Zhen Ding Technology Holding Ltd.		25,455		51,193

				30,606,111
THAILAND — 3.19%
Advanced Info Service PCL NVDR		65,800		266,486
Airports of Thailand PCL NVDR		27,300		307,588
Bangkok Bank PCL Foreign		15,000		66,425
Bangkok Dusit Medical Services PCL NVDR		244,300		159,537
Bangkok Expressway & Metro PCL		410,000		89,057
Banpu PCL NVDR^c		91,600		48,009
BEC World PCL NVDR		56,600		29,347
Berli Jucker PCL		70,800		104,178
BTS Group Holdings PCL NVDR		340,200		82,954
Bumrungrad Hospital PCL NVDR		23,400		125,921
Central Pattana PCL NVDR^c		87,100		137,927
Charoen Pokphand Foods PCL NVDR		171,200		137,950
CP ALL PCL NVDR		313,100		528,715
Delta Electronics Thailand PCL NVDR		32,600		69,212
Electricity Generating PCL NVDR		7,700		42,946
Energy Absolute PCL NVDR^c		73,100		60,439
Glow Energy PCL NVDR		33,700		74,617


Security	Shares		Value
Home Product Center PCL NVDR		241,645	$	69,758
Indorama Ventures PCL NVDR^c		96,400		89,160
IRPC PCL NVDR		592,100		80,320
Kasikornbank PCL Foreign		72,600		345,913
Kasikornbank PCL NVDR		35,200		167,222
KCE Electronics PCL NVDR		15,500		52,348
Krung Thai Bank PCL NVDR		228,950		112,937
Minor International PCL NVDR^c		136,780		143,759
PTT Exploration & Production PCL NVDR		83,110		192,171
PTT Global Chemical PCL NVDR		129,800		227,371
PTT PCL NVDR		63,300		619,171
Robinson Department Store PCL NVDR		34,300		63,448
Siam Cement PCL (The) Foreign		17,900		238,804
Siam Cement PCL (The) NVDR		7,200		96,055
Siam Commercial Bank PCL (The) NVDR		106,700		438,110
Thai Oil PCL NVDR		53,700		111,375
Thai Union Group PCL NVDR		119,800		69,504
TMB Bank PCL NVDR		897,700		50,823
True Corp. PCL NVDR		626,905		125,629

				5,625,186

TOTAL COMMON STOCKS
(Cost: $173,696,621)				174,212,798

PREFERRED STOCKS — 1.03%

SOUTH KOREA — 1.03%
AmorePacific Corp.		558		92,837
Hyundai Motor Co.		1,399		114,644
Hyundai Motor Co. Series 2		2,377		201,904
LG Chem Ltd.		476		66,979
LG Household & Health Care Ltd.		132		56,287
Samsung Electronics Co. Ltd.		1,103		1,279,387

				1,812,038

TOTAL PREFERRED STOCKS
(Cost: $1,557,741)				1,812,038

RIGHTS — 0.00%

INDONESIA — 0.00%
Jasa Marga Persero Tbk PT^a		7,898		146

				146

TOTAL RIGHTS
(Cost: $0)				146


Security	Shares		Value
SHORT-TERM INVESTMENTS — 2.91%

MONEY MARKET FUNDS — 2.91%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^d,e,f		5,141,493	$	5,143,036

				5,143,036

TOTAL SHORT-TERM INVESTMENTS
(Cost: $5,141,837)				5,143,036


TOTAL INVESTMENTS IN SECURITIES — 102.64%
(Cost: $180,396,199)^g				181,168,018
Other Assets, Less Liabilities — (2.64)%				(4,660,726	)

NET ASSETS — 100.00%			$	176,507,292


Security	Shares		Value
COMMON STOCKS — 95.38%

BRAZIL — 4.54%
AES Tiete Energia SA		1,244,600	$	5,408,905
Ambev SA		31,281,215		158,602,465
Banco Bradesco SA		5,592,308		48,177,341
Banco do Brasil SA		5,734,174		48,314,548
Banco Santander Brasil SA Units		2,811,700		23,407,974
BB Seguridade Participacoes SA		4,644,500		38,844,909
BM&FBovespa SA-Bolsa de Valores Mercadorias e Futuros		11,489,100		56,418,019
BR Malls Participacoes SA^a		3,824,420		12,211,008
BRF SA		4,040,185		61,692,699
CCR SA		5,867,900		25,518,643
Centrais Eletricas Brasileiras SA^a		1,229,200		9,321,206
CETIP SA — Mercados Organizados		1,464,229		19,202,719
Cia. de Saneamento Basico do Estado de Sao Paulo		2,309,924		20,459,815
Cia. Siderurgica Nacional SA^a		4,146,528		15,237,648
Cielo SA		6,764,897		59,439,095
Cosan SA Industria e Comercio		827,400		9,657,281
CPFL Energia SA		1,376,367		10,034,356
Duratex SA		2,090,955		4,234,454
EDP — Energias do Brasil SA		1,980,800		8,303,842
Embraer SA		4,423,800		21,671,062
Engie Brasil Energia SA		1,076,600		11,410,528
Equatorial Energia SA		1,325,900		20,575,459
Fibria Celulose SA		1,652,561		15,150,308
Hypermarcas SA		2,315,800		17,780,141
JBS SA		4,716,765		13,609,941
Klabin SA Units		3,681,200		18,468,578
Kroton Educacional SA		9,239,080		39,469,240
Localiza Rent A Car SA		1,064,989		10,912,792
Lojas Americanas SA		1,104,350		4,208,447
Lojas Renner SA		4,298,300		28,566,381
M. Dias Branco SA		233,400		8,073,259
Multiplan Empreendimentos Imobiliarios SA		541,300		9,302,519
Natura Cosmeticos SA		1,145,600		8,873,531
Odontoprev SA		1,809,900		6,260,408
Petroleo Brasileiro SA^a		19,956,474		108,971,493
Porto Seguro SA		768,100		6,499,046
Qualicorp SA		1,488,000		8,072,373
Raia Drogasil SA		1,560,300		29,748,336
Rumo Logistica Operadora Multimodal SA^a		5,371,500		10,099,849


Security	Shares		Value
Sul America SA		1,191,165	$	6,609,953
TIM Participacoes SA		5,612,276		13,771,439
TOTVS SA		846,700		5,384,336
Ultrapar Participacoes SA		2,395,500		48,936,896
Vale SA		8,591,648		71,273,213
WEG SA		3,766,320		17,336,763

				1,195,523,218
CHILE — 1.12%
AES Gener SA		17,596,941		6,197,689
Aguas Andinas SA Series A		17,768,965		11,136,855
Banco de Chile		166,201,796		18,848,797
Banco de Credito e Inversiones		248,870		12,470,678
Banco Santander Chile		448,613,016		24,328,616
Cencosud SA		9,406,946		27,735,151
Cia. Cervecerias Unidas SA		981,367		9,876,368
Colbun SA		53,357,496		10,227,547
Empresa Nacional de Telecomunicaciones SA^a		964,097		10,259,207
Empresas CMPC SA		8,353,340		17,203,127
Empresas COPEC SA		3,068,864		29,785,376
Endesa Americas SA		22,248,529		9,743,339
Enel Chile SA		132,544,901		12,520,919
Enel Generacion Chile SA		22,218,771		13,909,964
Enersis Americas SA		132,935,960		21,714,552
Itau CorpBanca		1,069,043,692		8,735,964
LATAM Airlines Group SA^a		2,035,286		17,970,573
SACI Falabella		4,024,328		31,804,778

				294,469,500
CHINA — 27.50%
3SBio Inc.^a,b,c		6,707,000		7,133,589
58.com Inc. ADR^a,c		527,964		16,931,806
AAC Technologies Holdings Inc.		4,936,500		44,676,800
Agricultural Bank of China Ltd. Class H		163,839,000		68,647,773
Air China Ltd. Class H		12,164,000		8,342,839
Alibaba Group Holding Ltd. ADR^a,c		7,473,957		702,701,437
Alibaba Health Information Technology Ltd.^a		21,594,000		12,082,273
Alibaba Pictures Group Ltd.^a,c		75,930,000		14,585,639
Aluminum Corp. of China Ltd. Class H^a,c		26,338,000		11,748,562


Security	Shares		Value
Anhui Conch Cement Co. Ltd. Class H^c		8,214,500	$	23,775,151
ANTA Sports Products Ltd.^c		6,729,402		19,737,115
AviChina Industry & Technology Co. Ltd. Class H		13,997,000		9,690,252
Baidu Inc.^a		1,806,062		301,522,051
Bank of China Ltd. Class H		528,392,000		240,467,697
Bank of Communications Co. Ltd. Class H		58,437,600		44,901,871
Beijing Capital International Airport Co. Ltd. Class H		10,188,000		10,047,920
Beijing Enterprises Holdings Ltd.^c		3,359,500		15,505,418
Beijing Enterprises Water Group Ltd.^c		29,448,000		21,298,277
Belle International Holdings Ltd.		42,177,000		24,196,999
Brilliance China Automotive Holdings Ltd.		20,186,000		28,262,196
Byd Co. Ltd. Class H^c		4,287,000		25,810,485
CGN Power Co. Ltd. Class H^b		70,449,000		21,161,993
China Cinda Asset Management Co. Ltd. Class H		58,546,000		21,133,969
China CITIC Bank Corp. Ltd. Class H		59,398,800		38,748,420
China Coal Energy Co. Ltd. Class H^a,c		14,202,000		7,158,995
China Communications Construction Co. Ltd. Class H		29,471,000		35,334,880
China Communications Services Corp. Ltd. Class H		16,538,000		9,743,724
China Conch Venture Holdings Ltd.		9,068,500		16,718,500
China Construction Bank Corp. Class H		560,155,760		417,409,615
China Everbright Bank Co. Ltd. Class H		21,230,000		10,072,183
China Everbright International Ltd.^c		16,449,000		19,933,941
China Everbright Ltd.		6,306,000		12,731,264
China Evergrande Group^c		27,351,388		18,688,784
China Galaxy Securities Co. Ltd. Class H		19,686,500		19,542,721
China Gas Holdings Ltd.		11,704,000		15,481,302
China Huarong Asset Management Co. Ltd.^a,b		24,434,000		9,828,222


Security	Shares		Value
China Huishan Dairy Holdings Co. Ltd.^c		27,270,000	$	10,195,510
China Jinmao Holdings Group Ltd.		24,804,000		6,651,366
China Life Insurance Co. Ltd. Class H		49,545,000		144,036,375
China Longyuan Power Group Corp. Ltd.		21,363,000		16,717,708
China Medical System Holdings Ltd.^c		8,320,000		13,879,806
China Mengniu Dairy Co. Ltd.		18,305,000		37,522,577
China Merchants Bank Co. Ltd. Class H		26,012,467		64,254,397
China Merchants Port Holdings Co. Ltd.^c		8,662,000		21,753,690
China Minsheng Banking Corp. Ltd. Class H		39,548,540		44,664,283
China Mobile Ltd.		40,880,500		446,137,743
China National Building Material Co. Ltd. Class H		19,004,000		9,604,105
China Oilfield Services Ltd. Class H^c		11,958,000		11,331,090
China Overseas Land & Investment Ltd.		25,590,960		73,902,716
China Pacific Insurance Group Co. Ltd. Class H		17,538,000		68,169,983
China Petroleum & Chemical Corp. Class H		169,758,800		118,619,855
China Power International Development Ltd.		21,919,000		8,110,142
China Railway Construction Corp. Ltd. Class H		13,123,000		18,644,062
China Railway Group Ltd. Class H		26,564,000		23,972,720
China Resources Beer Holdings Co. Ltd.^a,c		10,918,000		23,112,240
China Resources Gas Group Ltd.^c		6,116,000		18,135,149
China Resources Land Ltd.		18,507,333		44,952,158
China Resources Power Holdings Co. Ltd.		13,032,999		21,439,806
China Shenhua Energy Co. Ltd. Class H		22,698,000		46,995,788
China Southern Airlines Co. Ltd. Class H		12,190,000		6,993,419
China State Construction International Holdings Ltd.		12,060,000		19,497,128


Security	Shares		Value
China Taiping Insurance Holdings Co. Ltd.^a		10,773,460	$	24,667,434
China Telecom Corp. Ltd. Class H		92,578,000		44,757,402
China Unicom Hong Kong Ltd.		39,860,000		48,407,650
China Vanke Co. Ltd. Class H		8,784,231		26,952,963
Chongqing Changan Automobile Co. Ltd. Class B		5,736,875		8,653,405
Chongqing Rural Commercial Bank Co. Ltd. Class H		17,104,000		10,672,566
CITIC Ltd.		28,996,000		44,634,248
CITIC Securities Co. Ltd. Class H		14,406,500		33,728,741
CNOOC Ltd.		118,405,000		149,291,369
COSCO SHIPPING Ports Ltd.		11,014,000		11,529,936
Country Garden Holdings Co. Ltd.^c		37,794,939		21,147,020
CRRC Corp. Ltd. Class H		27,178,300		26,839,651
CSPC Pharmaceutical Group Ltd.		27,932,000		29,996,656
Ctrip.com International Ltd.^a,c		2,477,950		112,077,679
Dongfeng Motor Group Co. Ltd. Class H		17,962,000		18,270,797
ENN Energy Holdings Ltd.		5,152,000		23,712,092
Far East Horizon Ltd.		13,213,000		11,941,125
Fosun International Ltd.		17,149,000		25,425,087
Fullshare Holdings Ltd.		33,665,000		17,924,806
Fuyao Glass Industry Group Co. Ltd.^b		2,518,000		7,661,142
GCL-Poly Energy Holdings Ltd.^c		86,711,000		11,626,081
Geely Automobile Holdings Ltd.^c		35,750,000		36,963,767
GF Securities Co. Ltd. Class H		9,106,800		21,320,994
GOME Electrical Appliances Holding Ltd.^c		80,780,200		10,518,459
Great Wall Motor Co. Ltd. Class H		20,644,500		19,429,116
Guangdong Investment Ltd.		19,134,110		26,789,456
Guangzhou Automobile Group Co. Ltd. Class H		14,236,742		18,647,908
Guangzhou R&F Properties Co. Ltd. Class H		6,581,600		8,366,315
Haier Electronics Group Co. Ltd.		8,391,000		13,998,252
Haitian International Holdings Ltd.		4,349,000		8,690,543
Haitong Securities Co. Ltd. Class H		20,404,800		39,354,078
Hengan International Group Co. Ltd.^c		4,840,000		38,094,023
HengTen Networks Group Ltd.^a		102,076,000		8,948,667


Security	Shares		Value
Huaneng Power International Inc. Class H		28,140,000	$	17,631,374
Huaneng Renewables Corp. Ltd. Class H		27,042,000		8,715,747
Huatai Securities Co. Ltd. Class H^b		9,785,200		22,480,357
Industrial & Commercial Bank of China Ltd. Class H		490,907,085		300,620,584
JD.com Inc. ADR^a,c		4,451,216		119,604,174
Jiangsu Expressway Co. Ltd. Class H		8,184,000		10,909,679
Jiangxi Copper Co. Ltd. Class H		8,247,000		12,609,750
Kingsoft Corp. Ltd.^c		5,252,000		11,795,020
Kunlun Energy Co. Ltd.		21,492,000		15,710,344
Lenovo Group Ltd.^c		47,830,000		29,660,008
Longfor Properties Co. Ltd.		9,836,000		12,642,690
Netease Inc.		526,047		117,887,133
New China Life Insurance Co. Ltd. Class H		5,239,100		26,510,759
New Oriental Education & Technology Group Inc. ADR^a		886,655		44,483,481
Nine Dragons Paper Holdings Ltd.		11,027,000		9,681,225
People’s Insurance Co. Group of China Ltd. (The) Class H		46,286,000		19,512,962
PetroChina Co. Ltd. Class H		139,962,000		95,092,564
PICC Property & Casualty Co. Ltd. Class H		30,590,128		51,268,481
Ping An Insurance Group Co. of China Ltd. Class H		34,743,000		192,154,435
Qunar Cayman Islands Ltd. ADR^a,c		233,842		7,022,275
Semiconductor Manufacturing International Corp.^a,c		184,374,000		24,958,287
Shandong Weigao Group Medical Polymer Co. Ltd. Class H		12,880,000		8,900,337
Shanghai Electric Group Co. Ltd. Class H^a,c		18,704,000		9,018,450
Shanghai Fosun Pharmaceutical Group Co. Ltd. Class H		2,722,500		8,564,135
Shanghai Industrial Holdings Ltd.		3,344,000		9,419,840
Shanghai Lujiazui Finance & Trade Zone Development Co. Ltd. Class B		6,791,148		10,560,235


Security	Shares		Value
Shanghai Pharmaceuticals Holding Co. Ltd. Class H		4,706,600	$	11,771,582
Shenzhou International Group Holdings Ltd.		3,788,000		23,294,541
Shimao Property Holdings Ltd.		8,120,000		10,614,995
Sina Corp.^a		370,260		28,532,236
Sino Biopharmaceutical Ltd.		29,900,000		20,507,307
Sino-Ocean Group Holding Ltd.		20,391,500		8,701,677
Sinopec Engineering Group Co. Ltd. Class H		8,296,000		7,165,877
Sinopec Shanghai Petrochemical Co. Ltd. Class H		23,457,000		12,338,388
Sinopharm Group Co. Ltd. Class H		7,996,800		37,320,771
Sinotrans Ltd. Class H		13,181,000		6,593,346
SOHO China Ltd.^c		14,222,000		7,535,782
Sun Art Retail Group Ltd.^c		16,149,000		13,699,267
Sunac China Holdings Ltd.^c		12,545,000		9,526,026
Sunny Optical Technology Group Co. Ltd.		4,595,000		23,133,021
TAL Education Group Class A ADR^a,c		285,070		21,816,407
Tencent Holdings Ltd.		37,828,300		944,652,873
Tingyi Cayman Islands Holding Corp.^c		13,128,000		15,604,695
TravelSky Technology Ltd. Class H		6,372,000		13,357,406
Tsingtao Brewery Co. Ltd. Class H		2,496,000		9,846,725
Vipshop Holdings Ltd. ADR^a,c		2,683,718		30,111,316
Want Want China Holdings Ltd.^c		37,902,000		24,187,620
Weibo Corp. ADR^a		206,884		10,615,218
Weichai Power Co. Ltd. Class H		6,621,400		10,670,521
Yanzhou Coal Mining Co. Ltd. Class H^c		12,672,800		8,855,186
Yum China Holdings Inc.^a		2,500,852		70,323,958
YY Inc. ADR^a,c		189,837		8,214,247
Zhejiang Expressway Co. Ltd. Class H		9,598,000		10,257,962
Zhuzhou CRRC Times Electric Co. Ltd. Class H		3,642,500		19,770,036
Zijin Mining Group Co. Ltd. Class H		37,922,000		12,711,312
ZTE Corp. Class H		5,045,200		8,195,486

				7,243,428,017


Security	Shares		Value
COLOMBIA — 0.27%
Cementos Argos SA		2,999,182	$	10,736,372
Corp. Financiera Colombiana SA		697,094		8,033,746
Ecopetrol SA^a		31,999,133		13,821,321
Grupo Argos SA/Colombia		1,983,406		11,695,097
Grupo de Inversiones Suramericana SA		1,699,846		19,745,828
Interconexion Electrica SA ESP		2,543,797		8,240,528

				72,272,892
CZECH REPUBLIC — 0.17%
CEZ AS		1,077,491		17,500,466
Komercni Banka AS		517,989		17,140,973
Moneta Money Bank AS^a,b		2,154,243		7,034,946
O2 Czech Republic AS		405,094		3,720,910

				45,397,295
EGYPT — 0.12%
Commercial International Bank Egypt SAE		6,271,193		24,280,366
Global Telecom Holding SAE^a		15,883,295		5,352,514
Talaat Moustafa Group		5,660,437		2,760,956

				32,393,836
GREECE — 0.37%
Alpha Bank AE^a		9,151,293		18,444,609
Eurobank Ergasias SA^a		12,306,002		9,229,322
FF Group^a,c		233,632		5,021,173
Hellenic Telecommunications Organization SA		1,603,632		14,629,739
JUMBO SA		721,726		10,274,443
National Bank of Greece SA^a		36,324,024		8,477,153
OPAP SA		1,470,243		13,724,774
Piraeus Bank SA^a		43,996,351		9,287,592
Titan Cement Co. SA		325,445		7,353,441

				96,442,246
HUNGARY — 0.29%
MOL Hungarian Oil & Gas PLC		239,017		14,937,998
OTP Bank PLC		1,590,759		42,871,276
Richter Gedeon Nyrt		919,412		18,359,516

				76,168,790
INDIA — 8.31%
ACC Ltd.		287,077		5,630,067
Adani Ports & Special Economic Zone Ltd.		5,534,562		22,470,100
Ambuja Cements Ltd.		4,207,036		12,956,272


Security	Shares		Value
Apollo Hospitals Enterprise Ltd.		532,012	$	9,290,339
Ashok Leyland Ltd.		7,706,954		8,951,238
Asian Paints Ltd.		1,945,850		27,572,080
Aurobindo Pharma Ltd.		1,783,950		19,307,092
Axis Bank Ltd.		11,103,260		76,215,438
Bajaj Auto Ltd.		565,606		22,187,878
Bajaj Finance Ltd.		1,102,363		14,813,280
Bajaj Finserv Ltd.		223,173		9,748,685
Bharat Forge Ltd.		701,485		9,259,334
Bharat Heavy Electricals Ltd.		3,877,845		7,373,401
Bharat Petroleum Corp. Ltd.		3,187,718		29,989,226
Bharti Airtel Ltd.		6,716,284		31,850,098
Bharti Infratel Ltd.		3,687,320		20,225,355
Bosch Ltd.		51,057		15,310,137
Cadila Healthcare Ltd.		1,364,350		8,006,834
Cairn India Ltd.		2,959,563		10,878,561
Cipla Ltd.		2,358,904		19,526,304
Coal India Ltd.		4,622,189		20,838,998
Container Corp. of India Ltd.		235,416		4,023,973
Dabur India Ltd.		3,540,160		14,665,124
Divi’s Laboratories Ltd.		555,778		9,532,409
Dr. Reddy’s Laboratories Ltd.		772,929		36,099,556
Eicher Motors Ltd.		86,956		27,465,306
GAIL (India) Ltd.		2,168,870		13,458,607
Glenmark Pharmaceuticals Ltd.		927,429		11,863,686
Godrej Consumer Products Ltd.		813,221		17,311,953
Havells India Ltd.		1,640,563		8,253,273
HCL Technologies Ltd.		3,769,762		44,268,534
Hero Motocorp Ltd.		333,083		15,406,481
Hindalco Industries Ltd.		7,514,331		19,293,848
Hindustan Petroleum Corp. Ltd.		2,523,144		17,369,228
Hindustan Unilever Ltd.		4,325,295		53,332,432
Housing Development Finance Corp. Ltd.		10,036,993		185,214,322
ICICI Bank Ltd.		7,357,804		28,544,848
Idea Cellular Ltd.		8,327,696		9,422,790
IDFC Bank Ltd.		8,152,430		8,152,555
Indiabulls Housing Finance Ltd.		1,994,388		22,291,161
Infosys Ltd.		12,242,594		174,484,233
ITC Ltd.		22,573,863		76,676,458
JSW Steel Ltd.		578,261		14,606,700
Larsen & Toubro Ltd.		2,104,806		42,519,578
LIC Housing Finance Ltd.		2,027,748		16,719,920
Lupin Ltd.		1,480,802		32,555,428
Mahindra & Mahindra Financial Services Ltd.		1,916,205		8,360,605


Security	Shares		Value
Mahindra & Mahindra Ltd.		2,497,368	$	43,238,513
Marico Ltd.		3,020,873		11,150,260
Maruti Suzuki India Ltd.		710,206		54,638,454
Motherson Sumi Systems Ltd.		2,578,967		11,672,407
Nestle India Ltd.		155,074		14,249,582
NTPC Ltd.		11,029,813		26,289,870
Oil & Natural Gas Corp. Ltd.		5,624,749		23,740,174
Piramal Enterprises Ltd.		526,485		13,023,108
Power Finance Corp. Ltd.		4,196,924		8,228,427
Reliance Industries Ltd.		8,641,114		124,985,627
Shree Cement Ltd.		55,953		12,728,869
Shriram Transport Finance Co. Ltd.		1,000,336		13,217,937
Siemens Ltd.		493,154		7,832,587
State Bank of India		10,367,238		39,129,540
Sun Pharmaceuticals Industries Ltd.		6,472,218		67,115,424
Tata Consultancy Services Ltd.		3,153,747		104,867,728
Tata Motors Ltd.		10,573,653		70,950,377
Tata Motors Ltd. Class A		2,520,699		10,970,456
Tata Power Co. Ltd.		7,792,866		8,430,542
Tata Steel Ltd.		2,008,228		12,177,178
Tech Mahindra Ltd.		1,544,547		10,948,513
Titan Co. Ltd.		2,029,125		9,589,949
Ultratech Cement Ltd.		533,525		28,087,073
United Spirits Ltd.^a		435,892		12,216,944
UPL Ltd.		2,370,849		21,957,966
Vedanta Ltd.		6,911,428		23,208,416
Wipro Ltd.		4,072,088		27,678,130
Yes Bank Ltd.		2,048,320		35,127,207
Zee Entertainment Enterprises Ltd.		3,931,924		26,173,976

				2,187,918,959
INDONESIA — 2.48%
Adaro Energy Tbk PT		97,595,000		11,017,919
AKR Corporindo Tbk PT		11,490,600		5,659,454
Astra International Tbk PT		135,104,000		75,265,464
Bank Central Asia Tbk PT		82,587,900		87,143,108
Bank Danamon Indonesia Tbk PT		24,137,316		5,788,325
Bank Mandiri Persero Tbk PT		62,580,600		48,485,246
Bank Negara Indonesia Persero Tbk PT		50,296,076		19,205,475
Bank Rakyat Indonesia Persero Tbk PT		74,200,722		59,678,131
Bumi Serpong Damai Tbk PT		51,586,700		6,470,938


Security	Shares		Value
Charoen Pokphand Indonesia Tbk PT		50,158,945	$	11,658,416
Gudang Garam Tbk PT		3,262,400		15,647,002
Hanjaya Mandala Sampoerna Tbk PT		61,826,400		17,335,571
Indocement Tunggal Prakarsa Tbk PT		9,824,200		11,580,269
Indofood CBP Sukses Makmur Tbk PT		15,119,500		9,650,151
Indofood Sukses Makmur Tbk PT		29,858,300		16,688,923
Jasa Marga Persero Tbk PT		13,389,300		4,100,026
Kalbe Farma Tbk PT		143,141,715		15,843,023
Lippo Karawaci Tbk PT		125,075,000		7,060,127
Matahari Department Store Tbk PT		15,712,300		16,694,862
Media Nusantara Citra Tbk PT		32,821,900		4,201,881
Pakuwon Jati Tbk PT		97,802,700		4,943,357
Perusahaan Gas Negara Persero Tbk PT		73,205,800		14,314,360
Semen Indonesia Persero Tbk PT		19,764,100		12,942,733
Summarecon Agung Tbk PT		66,810,200		6,975,572
Surya Citra Media Tbk PT		38,234,400		7,081,228
Telekomunikasi Indonesia Persero Tbk PT		337,941,100		94,256,953
Tower Bersama Infrastructure Tbk PT		15,110,100		6,187,866
Unilever Indonesia Tbk PT		10,245,900		30,637,528
United Tractors Tbk PT		11,411,053		17,681,765
Waskita Karya Persero Tbk PT		30,946,100		5,822,731
XL Axiata Tbk PT^a		24,544,900		4,165,524

				654,183,928
MALAYSIA — 2.50%
AirAsia Bhd		8,557,200		5,288,373
Alliance Financial Group Bhd		7,107,300		6,126,983
AMMB Holdings Bhd		12,649,975		11,839,878
Astro Malaysia Holdings Bhd		9,619,200		5,621,610
Axiata Group Bhd^c		17,848,200		16,745,176
Berjaya Sports Toto Bhd		6,666,992		4,672,567
British American Tobacco Malaysia Bhd		936,000		9,263,592
CIMB Group Holdings Bhd		20,452,200		20,928,471
Dialog Group Bhd		21,607,912		7,741,303
DiGi.Com Bhd^c		23,237,500		25,339,594
Felda Global Ventures Holdings Bhd^c		8,307,400		2,864,621


Security	Shares		Value
Gamuda Bhd		11,537,800	$	12,400,681
Genting Bhd		15,002,700		26,740,146
Genting Malaysia Bhd		20,145,300		21,065,506
Genting Plantations Bhd		1,940,000		4,648,007
HAP Seng Consolidated Bhd		3,636,400		6,465,073
Hartalega Holdings Bhd^c		4,136,400		4,538,370
Hong Leong Bank Bhd^c		3,974,400		11,835,987
Hong Leong Financial Group Bhd		1,318,600		4,428,795
IHH Healthcare Bhd		19,546,700		28,886,749
IJM Corp. Bhd		19,612,740		14,184,763
IOI Corp. Bhd^c		15,468,620		15,066,838
IOI Properties Group Bhd		12,220,885		5,719,133
Kuala Lumpur Kepong Bhd		2,826,200		15,111,880
Lafarge Malaysia Bhd		2,620,300		4,224,398
Malayan Banking Bhd^c		22,925,000		39,885,188
Malaysia Airports Holdings Bhd		5,124,100		7,285,722
Maxis Bhd^c		12,556,900		16,785,645
MISC Bhd		7,270,300		11,948,948
Petronas Chemicals Group Bhd^c		16,072,800		24,580,659
Petronas Dagangan Bhd		1,369,000		7,050,381
Petronas Gas Bhd		4,612,900		21,670,094
PPB Group Bhd		3,280,600		11,488,711
Public Bank Bhd^c		18,062,430		79,189,964
RHB Bank Bhd		5,016,725		5,504,244
RHB Bank Bhd New		3,214,200		7
Sapurakencana Petroleum Bhd^a		25,576,000		8,246,628
Sime Darby Bhd		15,637,873		27,872,250
Telekom Malaysia Bhd^c		7,432,400		10,268,228
Tenaga Nasional Bhd		22,599,950		71,048,656
UMW Holdings Bhd^c		3,346,200		3,851,202
Westports Holdings Bhd		6,244,000		6,109,781
YTL Corp. Bhd		29,507,962		9,514,435
YTL Power International Bhd		16,346,443		5,160,879

				659,210,116
MEXICO — 3.51%
Alfa SAB de CV		18,649,600		24,759,855
America Movil SAB de CV		218,319,600		133,513,806
Arca Continental SAB de CV		2,815,236		14,928,417
Cemex SAB de CV CPO^a		93,589,005		73,188,910
Coca-Cola Femsa SAB de CV Series L		3,347,193		21,177,771
El Puerto de Liverpool SAB de CV Series C1		1,249,985		9,910,127
Fibra Uno Administracion SA de CV		16,936,300		26,282,391


Security	Shares		Value
Fomento Economico Mexicano SAB de CV		12,220,800	$	96,053,190
Gentera SAB de CV		6,928,900		10,955,599
Gruma SAB de CV Series B		1,436,540		17,262,338
Grupo Aeroportuario del Pacifico SAB de CV Series B		2,407,300		20,602,419
Grupo Aeroportuario del Sureste SAB de CV Series B		1,395,545		20,257,812
Grupo Bimbo SAB de CV		11,110,000		25,695,860
Grupo Carso SAB de CV Series A1		3,793,141		14,097,941
Grupo Financiero Banorte SAB de CV		16,679,056		80,346,245
Grupo Financiero Inbursa SAB de CV Series O^c		15,725,800		21,554,082
Grupo Financiero Santander Mexico SAB de CV Series B		12,321,900		17,388,189
Grupo Lala SAB de CV^c		4,017,800		6,076,009
Grupo Mexico SAB de CV Series B		25,342,388		69,692,341
Grupo Televisa SAB		16,309,700		67,740,324
Industrias Penoles SAB de CV		933,823		20,151,145
Infraestructura Energetica Nova SAB de CV		3,227,600		14,285,155
Kimberly-Clark de Mexico SAB de CV Series A		10,233,900		18,040,857
Mexichem SAB de CV		6,956,692		16,670,915
OHL Mexico SAB de CV^a		5,233,600		4,519,724
Promotora y Operadora de Infraestructura SAB de CV		1,762,595		15,610,018
Wal-Mart de Mexico SAB de CV		34,777,600		64,127,703

				924,889,143
PERU — 0.39%
Cia. de Minas Buenaventura SAA ADR		1,271,049		14,197,617
Credicorp Ltd.		447,436		70,108,747
Southern Copper Corp.		548,648		18,012,114

				102,318,478
PHILIPPINES — 1.19%
Aboitiz Equity Ventures Inc.		13,968,470		20,574,913
Aboitiz Power Corp.		7,515,564		6,483,364
Alliance Global Group Inc.		14,748,080		3,855,320
Ayala Corp.		1,635,996		23,883,634
Ayala Land Inc.		50,642,900		33,503,950
Bank of the Philippine Islands		5,618,252		10,167,759


Security	Shares		Value
BDO Unibank Inc.		10,470,026	$	23,580,191
DMCI Holdings Inc.		22,325,900		6,060,721
Energy Development Corp.		57,853,700		5,921,483
Globe Telecom Inc.		232,755		6,833,346
GT Capital Holdings Inc.		490,460		11,430,588
International Container Terminal Services Inc.		3,676,860		5,338,212
JG Summit Holdings Inc.		18,441,174		25,308,870
Jollibee Foods Corp.		3,162,219		13,722,237
Megaworld Corp.		68,785,400		5,090,092
Metro Pacific Investments Corp.		81,742,200		10,191,065
Metropolitan Bank & Trust Co.		3,379,866		5,097,325
PLDT Inc.		659,168		16,780,750
Robinsons Land Corp.		8,716,000		4,513,111
Security Bank Corp.		1,061,420		3,873,873
SM Investments Corp.		1,744,682		21,891,847
SM Prime Holdings Inc.		56,179,425		29,936,754
Universal Robina Corp.		5,982,820		20,439,998

				314,479,403
POLAND — 1.04%
Alior Bank SA^a		614,005		6,539,837
Bank Handlowy w Warszawie SA		232,373		3,730,562
Bank Millennium SA^a		4,116,316		5,204,250
Bank Pekao SA		1,041,871		29,376,833
Bank Zachodni WBK SA		235,738		16,451,414
CCC SA		179,430		8,517,687
Cyfrowy Polsat SA^a		1,327,548		7,647,877
Enea SA^a		134,291		297,923
Eurocash SA		514,747		4,779,035
Grupa Azoty SA		288,059		4,226,006
Grupa Lotos SA^a		604,641		5,320,835
Jastrzebska Spolka Weglowa SA^a		116,698		2,304,424
KGHM Polska Miedz SA		912,897		19,024,268
LPP SA^c		8,581		11,811,426
mBank SA^a		101,428		7,851,382
Orange Polska SA		4,315,791		5,549,102
PGE Polska Grupa Energetyczna SA		5,572,417		12,335,738
Polski Koncern Naftowy ORLEN SA		2,137,888		38,988,451
Polskie Gornictwo Naftowe i Gazownictwo SA		11,749,010		13,873,308
Powszechna Kasa Oszczednosci Bank Polski SA		5,863,945		35,753,971
Powszechny Zaklad Ubezpieczen SA		3,718,688		26,230,986


Security	Shares		Value
Synthos SA^a		3,666,820	$	3,831,221
Tauron Polska Energia SA^a		7,027,267		4,442,279

				274,088,815
QATAR — 0.84%
Barwa Real Estate Co.		639,721		5,411,240
Commercial Bank QSC (The)		1,028,317		9,319,582
Doha Bank QSC		585,745		5,405,095
Ezdan Holding Group QSC		5,302,488		21,552,461
Industries Qatar QSC		1,000,147		28,840,886
Masraf Al Rayan QSC		2,459,608		22,831,690
Ooredoo QSC		538,113		13,743,961
Qatar Electricity & Water Co. QSC		196,909		11,518,625
Qatar Gas Transport Co. Ltd.		1,930,906		12,249,788
Qatar Insurance Co. SAQ		800,292		18,901,766
Qatar Islamic Bank SAQ		399,930		10,917,566
Qatar National Bank SAQ		1,473,520		60,256,819

				220,949,479
RUSSIA — 3.83%
Alrosa PJSC		17,416,800		25,215,588
Gazprom PJSC		53,615,439		124,309,772
Gazprom PJSC ADR		12,629,184		58,207,909
Inter RAO UES PJSC		125,581,000		7,479,435
Lukoil PJSC		2,132,065		104,234,289
Lukoil PJSC ADR		733,200		35,926,800
Magnit PJSC GDR^d		1,919,924		77,334,539
MMC Norilsk Nickel PJSC		373,593		60,440,202
Mobile TeleSystems PJSC ADR		3,426,924		26,832,815
Moscow Exchange MICEX-RTS PJSC		9,445,250		17,461,462
Novatek OJSC GDR^d		614,112		72,526,627
PhosAgro PJSC GDR^d		703,649		9,675,174
Rosneft PJSC		6,700,087		35,521,096
Rosneft PJSC GDR^d		1,034,676		5,442,396
Rostelecom PJSC		6,423,290		8,449,001
RusHydro PJSC		836,396,100		12,434,228
Sberbank of Russia PJSC		61,067,081		150,504,467
Sberbank of Russia PJSC ADR		2,702,421		27,091,770
Severstal PJSC		1,446,343		21,804,335
Sistema PJSC FC GDR^d		1,246,753		10,298,180
Surgutneftegas OJSC		36,283,160		16,816,957
Surgutneftegas OJSC ADR		1,323,205		6,013,967
Tatneft PJSC Class S		9,573,820		57,835,806


Security	Shares		Value
VTB Bank PJSC		29,830,502,000	$	31,920,831
VTB Bank PJSC GDR^d		2,449,677		5,136,973

				1,008,914,619
SOUTH AFRICA — 6.71%
African Bank Investments Ltd.^a,c		14,665,413		10,456
Anglo American Platinum Ltd.^a		352,727		7,267,666
AngloGold Ashanti Ltd.^a		2,722,190		30,148,115
Aspen Pharmacare Holdings Ltd.^c		2,433,196		50,295,447
Barclays Africa Group Ltd.		2,836,600		31,813,603
Bid Corp. Ltd.		2,231,672		39,230,968
Bidvest Group Ltd. (The)		2,154,450		25,009,361
Brait SE^a,c		2,258,763		13,712,408
Capitec Bank Holdings Ltd.^c		275,318		12,764,391
Coronation Fund Managers Ltd.		1,497,705		7,666,712
Discovery Ltd.		2,391,676		18,998,702
Exxaro Resources Ltd.^c		979,508		6,745,956
FirstRand Ltd.		22,427,098		80,746,347
Fortress Income Fund Ltd.		5,189,552		11,299,451
Fortress Income Fund Ltd. Class A		5,698,620		6,593,965
Foschini Group Ltd. (The)		1,396,447		14,769,658
Gold Fields Ltd.		5,454,237		17,343,122
Growthpoint Properties Ltd.		14,041,829		24,907,634
Hyprop Investments Ltd.		1,603,277		12,917,660
Impala Platinum Holdings Ltd.^a		4,125,880		13,001,614
Imperial Holdings Ltd.		1,055,381		12,759,002
Investec Ltd.		1,674,587		10,741,473
Liberty Holdings Ltd.		801,505		6,330,325
Life Healthcare Group Holdings Ltd.		6,374,274		14,106,227
Massmart Holdings Ltd.		711,325		5,806,735
MMI Holdings Ltd./South Africa		6,945,243		10,883,625
Mondi Ltd.		783,952		15,833,022
Mr. Price Group Ltd.		1,627,832		16,833,939
MTN Group Ltd.		11,030,126		89,019,536
Naspers Ltd. Class N		2,917,340		427,393,300
Nedbank Group Ltd.		1,336,583		21,917,055
Netcare Ltd.		6,453,649		14,373,906
New Europe Property Investments PLC		1,579,293		18,124,502


Security	Shares		Value
Pick n Pay Stores Ltd.^c		2,363,248	$	11,035,932
Pioneer Foods Group Ltd.		837,907		9,316,218
PSG Group Ltd.		613,638		8,510,543
Rand Merchant Investment Holdings Ltd.		4,360,851		12,004,096
Redefine Properties Ltd.		29,522,280		21,784,554
Remgro Ltd.		3,530,449		52,633,611
Resilient REIT Ltd.		1,929,168		14,235,372
RMB Holdings Ltd.		4,716,766		20,983,955
Sanlam Ltd.		9,421,052		41,422,068
Sappi Ltd.^a		3,651,963		21,688,514
Sasol Ltd.		3,679,512		99,515,043
Shoprite Holdings Ltd.		2,901,960		38,676,938
Sibanye Gold Ltd.		4,913,727		10,218,941
SPAR Group Ltd. (The)		1,240,668		16,761,899
Standard Bank Group Ltd.		8,628,072		92,885,759
Steinhoff International Holdings NV Class H		19,796,959		91,855,349
Telkom SA SOC Ltd.		1,751,824		8,694,018
Tiger Brands Ltd.		1,100,105		30,909,215
Truworths International Ltd.		2,958,534		14,798,734
Tsogo Sun Holdings Ltd.		2,172,153		4,368,697
Vodacom Group Ltd.		2,462,931		25,413,778
Woolworths Holdings Ltd./South Africa		6,642,752		30,750,478

				1,767,829,595
SOUTH KOREA — 13.70%
AmorePacific Corp.		213,959		60,030,411
AmorePacific Group		188,639		20,815,560
BGF retail Co. Ltd.		135,714		10,099,754
BNK Financial Group Inc.		1,734,268		13,292,025
Celltrion Inc.^a,c		506,884		44,399,232
Cheil Worldwide Inc.		475,779		6,084,339
CJ CheilJedang Corp.		52,756		17,328,860
CJ Corp.		97,368		14,617,069
CJ E&M Corp.		128,726		6,210,296
CJ Korea Express Corp.^a		47,707		7,508,736
Coway Co. Ltd.		360,516		26,058,425
Daelim Industrial Co. Ltd.		187,368		12,244,913
Daewoo Engineering & Construction Co. Ltd.^a,c		850,125		3,759,588
DGB Financial Group Inc.		1,124,633		9,206,396
Dongbu Insurance Co. Ltd.		333,835		20,845,948
Dongsuh Cos. Inc.^c		240,844		5,480,048
Doosan Heavy Industries & Construction Co. Ltd.^c		321,758		7,100,942


Security	Shares		Value
E-MART Inc.		130,482	$	20,983,376
GS Engineering & Construction Corp.^a,c		333,354		6,743,785
GS Holdings Corp.		347,106		16,152,061
GS Retail Co. Ltd.		183,354		7,418,540
Hana Financial Group Inc.		1,982,254		54,513,893
Hankook Tire Co. Ltd.		501,501		23,250,806
Hanmi Pharm Co. Ltd.^c		34,747		10,952,713
Hanmi Science Co. Ltd.^c		78,053		5,007,463
Hanon Systems		1,261,036		10,527,960
Hanssem Co. Ltd.^c		70,957		12,533,784
Hanwha Chemical Corp.		716,235		14,244,441
Hanwha Corp.		302,119		9,122,622
Hanwha Life Insurance Co. Ltd.		1,492,105		8,500,423
Hanwha Techwin Co. Ltd.		234,903		9,614,737
Hotel Shilla Co. Ltd.^c		222,746		9,603,010
Hyosung Corp.		140,724		16,732,078
Hyundai Department Store Co. Ltd.		101,464		9,373,519
Hyundai Development Co. Engineering & Construction		362,013		12,789,134
Hyundai Engineering & Construction Co. Ltd.		483,958		16,289,934
Hyundai Glovis Co. Ltd.		125,205		17,028,865
Hyundai Heavy Industries Co. Ltd.^a,c		279,977		34,007,728
Hyundai Marine & Fire Insurance Co. Ltd.		385,537		12,004,231
Hyundai Mobis Co. Ltd.		454,488		96,802,970
Hyundai Motor Co.		1,007,417		114,611,403
Hyundai Steel Co.		529,852		22,616,325
Hyundai Wia Corp.		107,248		6,311,674
Industrial Bank of Korea		1,691,318		18,880,031
Kakao Corp.^c		202,193		13,438,601
Kangwon Land Inc.		785,589		23,956,416
KB Financial Group Inc.		2,630,525		94,730,852
KCC Corp.		38,612		12,303,126
KEPCO Plant Service & Engineering Co. Ltd.		150,401		7,423,239
Kia Motors Corp.		1,749,328		55,964,131
Korea Aerospace Industries Ltd. Class A		389,126		22,068,392
Korea Electric Power Corp.		1,711,473		68,075,356
Korea Gas Corp.		195,490		7,165,430
Korea Investment Holdings Co. Ltd.		263,900		9,040,841


Security	Shares		Value
Korea Zinc Co. Ltd.		56,484	$	22,805,225
Korean Air Lines Co. Ltd.^a		247,809		6,624,209
KT Corp.		170,925		4,364,323
KT&G Corp.		770,719		69,223,297
Kumho Petrochemical Co. Ltd.^c		123,534		7,713,940
LG Chem Ltd.		307,367		59,551,452
LG Corp.		631,570		30,523,677
LG Display Co. Ltd.		1,552,247		37,177,979
LG Electronics Inc.^c		705,223		27,085,679
LG Household & Health Care Ltd.		63,140		42,505,607
LG Innotek Co. Ltd.^c		94,177		6,533,300
LG Uplus Corp.		1,456,113		14,261,575
Lotte Chemical Corp.^c		103,374		28,428,845
Lotte Chilsung Beverage Co. Ltd.		4,259		5,708,783
Lotte Confectionery Co. Ltd.		38,443		5,869,788
Lotte Shopping Co. Ltd.		74,161		13,765,824
Mirae Asset Daewoo Co. Ltd.^c		1,172,629		6,971,277
Mirae Asset Securities Co. Ltd.		523,701		9,138,617
NAVER Corp.		187,189		127,776,247
NCsoft Corp.		118,263		27,515,963
NH Investment & Securities Co. Ltd.		937,610		7,883,928
OCI Co. Ltd.^a,c		112,258		7,067,438
Orion Corp./Republic of Korea		23,915		13,910,611
Ottogi Corp.^c		8,223		4,867,470
POSCO		464,086		99,045,770
Posco Daewoo Corp.		308,315		7,028,437
S-1 Corp.		130,234		10,572,009
S-Oil Corp.		302,566		21,740,340
Samsung Biologics Co. Ltd.^a		99,336		13,085,620
Samsung C&T Corp.		505,704		55,369,840
Samsung Card Co. Ltd.		237,100		8,477,636
Samsung Electro-Mechanics Co. Ltd.		370,411		14,670,056
Samsung Electronics Co. Ltd.		659,824		985,460,591
Samsung Fire & Marine Insurance Co. Ltd.		221,573		55,533,030
Samsung Heavy Industries Co. Ltd.^a,c		1,639,018		11,636,670
Samsung Life Insurance Co. Ltd.		468,729		45,708,144
Samsung SDI Co. Ltd.		365,400		28,849,425
Samsung SDS Co. Ltd.		232,251		26,819,969
Samsung Securities Co. Ltd.		372,314		10,207,146
Shinhan Financial Group Co. Ltd.		2,771,204		104,537,955
Shinsegae Inc.		49,896		7,703,886
SK Holdings Co. Ltd.		304,651		60,328,221


Security	Shares		Value
SK Hynix Inc.		3,885,138	$	142,570,823
SK Innovation Co. Ltd.		432,059		56,361,146
SK Networks Co. Ltd.		857,830		4,989,730
SK Telecom Co. Ltd.		134,153		25,934,372
Woori Bank		2,035,096		20,889,741
Yuhan Corp.		52,623		8,867,654

				3,609,529,697
TAIWAN — 12.38%
Acer Inc.^c		19,573,121		8,290,313
Advanced Semiconductor Engineering Inc.^c		42,043,701		45,179,204
Advantech Co. Ltd.		2,145,370		17,265,002
Asia Cement Corp.		15,526,077		13,663,805
Asia Pacific Telecom Co. Ltd.^a		13,490,000		4,198,563
Asustek Computer Inc.		4,730,968		39,186,005
AU Optronics Corp.^c		57,448,000		20,637,518
Casetek Holdings Ltd.		921,000		2,516,836
Catcher Technology Co. Ltd.^c		4,358,210		31,654,554
Cathay Financial Holding Co. Ltd.		54,417,644		80,073,652
Chailease Holding Co. Ltd.^c		6,865,932		11,718,593
Chang Hwa Commercial Bank Ltd.		33,348,515		17,839,305
Cheng Shin Rubber Industry Co. Ltd.^c		12,989,128		24,451,658
Chicony Electronics Co. Ltd.		3,531,933		8,322,033
China Airlines Ltd.		16,832,347		5,048,701
China Development Financial Holding Corp.		89,170,848		22,213,677
China Life Insurance Co. Ltd./Taiwan		23,029,822		24,566,685
China Steel Corp.^c		78,263,313		61,386,842
Chunghwa Telecom Co. Ltd.		25,196,410		84,981,460
Compal Electronics Inc.		27,770,908		15,814,074
CTBC Financial Holding Co. Ltd.		117,022,772		64,251,828
Delta Electronics Inc.		12,998,000		65,248,957
E.Sun Financial Holding Co. Ltd.		52,067,458		30,221,441
Eclat Textile Co. Ltd.^c		1,269,360		13,142,434
EVA Airways Corp.		13,292,878		6,526,952
Evergreen Marine Corp. Taiwan Ltd.^a		11,302,808		4,273,173
Far Eastern New Century Corp.		21,159,038		15,600,583
Far EasTone Telecommunications Co. Ltd.		10,670,000		24,705,738


Security	Shares		Value
Feng TAY Enterprise Co. Ltd.^c		2,238,529	$	8,392,816
First Financial Holding Co. Ltd.		63,101,588		33,260,336
Formosa Chemicals & Fibre Corp.^c		21,450,090		67,231,324
Formosa Petrochemical Corp.		7,735,000		26,088,304
Formosa Plastics Corp.		27,417,280		78,106,517
Formosa Taffeta Co. Ltd.		5,119,000		4,786,063
Foxconn Technology Co. Ltd.		6,357,637		16,675,508
Fubon Financial Holding Co. Ltd.		44,342,969		68,796,782
Giant Manufacturing Co. Ltd.^c		1,902,203		11,339,333
Highwealth Construction Corp.		5,433,170		8,148,136
Hiwin Technologies Corp.^c		1,393,972		5,794,914
Hon Hai Precision Industry Co. Ltd.		103,187,592		265,471,796
Hotai Motor Co. Ltd.		1,654,000		19,018,950
HTC Corp.^a,c		4,443,708		11,753,038
Hua Nan Financial Holdings Co. Ltd.		49,435,958		25,126,675
Innolux Corp.^c		59,355,002		20,484,580
Inotera Memories Inc.^a		17,577,000		16,433,803
Inventec Corp.		16,919,281		11,439,479
Largan Precision Co. Ltd.^c		673,000		77,914,536
Lite-On Technology Corp.		14,309,246		22,581,968
MediaTek Inc.		9,897,338		68,781,112
Mega Financial Holding Co. Ltd.		71,932,162		51,343,039
Merida Industry Co. Ltd.^c		1,470,500		6,436,004
Micro-Star International Co. Ltd.		4,312,000		11,499,388
Nan Ya Plastics Corp.		31,538,160		66,395,085
Nanya Technology Corp.^c		4,549,000		6,351,159
Nien Made Enterprise Co. Ltd.		1,040,000		11,648,731
Novatek Microelectronics Corp.^c		3,828,000		12,730,775
OBI Pharma Inc.^a,c		758,000		6,682,710
Pegatron Corp.		12,919,414		30,765,335
Phison Electronics Corp.		1,000,535		7,643,782
Pou Chen Corp.		14,688,220		18,364,307
Powertech Technology Inc.		4,552,300		11,697,467
President Chain Store Corp.		3,854,000		28,959,715
Quanta Computer Inc.		18,053,000		33,644,407
Realtek Semiconductor Corp.		3,130,637		9,724,000
Ruentex Development Co. Ltd.^a,c		5,482,025		6,553,043
Ruentex Industries Ltd.^c		3,653,598		6,705,848
Shin Kong Financial Holding Co. Ltd.^a,c		53,820,865		13,880,322
Siliconware Precision Industries Co. Ltd.		14,462,509		21,893,642


Security	Shares		Value
SinoPac Financial Holdings Co. Ltd.		66,180,021	$	18,894,933
Standard Foods Corp.		2,698,438		6,400,462
Synnex Technology International Corp.^c		9,368,834		9,582,530
TaiMed Biologics Inc.^a,c		1,102,000		6,171,587
Taishin Financial Holding Co. Ltd.		56,137,144		20,606,927
Taiwan Business Bank		27,447,556		6,949,511
Taiwan Cement Corp.		22,151,296		25,610,242
Taiwan Cooperative Financial Holding Co. Ltd.		51,469,219		22,688,248
Taiwan Fertilizer Co. Ltd.		4,809,000		6,118,186
Taiwan Mobile Co. Ltd.		11,174,600		37,689,251
Taiwan Semiconductor Manufacturing Co. Ltd.		164,006,000		941,646,472
Teco Electric and Machinery Co. Ltd.		12,622,000		10,553,644
Transcend Information Inc.		1,314,000		3,603,163
Uni-President Enterprises Corp.		32,151,839		54,976,790
United Microelectronics Corp.^c		78,912,000		27,853,042
Vanguard International Semiconductor Corp.^c		6,143,000		11,583,293
Wistron Corp.		16,652,146		11,911,930
WPG Holdings Ltd.^c		9,827,532		12,163,779
Yuanta Financial Holding Co. Ltd.		63,789,635		23,115,812
Yulon Motor Co. Ltd.		5,514,000		4,783,425
Zhen Ding Technology Holding Ltd.		2,699,075		5,428,127

				3,261,855,669
THAILAND — 2.27%
Advanced Info Service PCL NVDR		6,910,900		27,988,762
Airports of Thailand PCL NVDR^c		2,824,600		31,824,695
Bangkok Bank PCL Foreign		1,691,600		7,490,935
Bangkok Dusit Medical Services PCL NVDR		25,831,400		16,868,836
Bangkok Expressway & Metro PCL		46,327,900		10,062,956
Banpu PCL NVDR^c		10,358,400		5,428,946
BEC World PCL NVDR^c		6,978,800		3,618,543
Berli Jucker PCL		7,614,000		11,203,492
BTS Group Holdings PCL NVDR		36,502,400		8,900,654


Security	Shares		Value
Bumrungrad Hospital PCL NVDR		2,415,100	$	12,996,236
Central Pattana PCL NVDR		9,396,200		14,879,281
Charoen Pokphand Foods PCL NVDR		18,367,700		14,800,414
CP ALL PCL NVDR		33,040,700		55,794,004
Delta Electronics Thailand PCL NVDR^c		3,304,000		7,014,616
Electricity Generating PCL NVDR		799,300		4,458,042
Energy Absolute PCL NVDR^c		7,155,100		5,915,875
Glow Energy PCL NVDR		3,627,100		8,030,967
Home Product Center PCL NVDR		26,251,114		7,578,202
Indorama Ventures PCL NVDR		9,818,080		9,080,750
IRPC PCL NVDR		69,119,300		9,376,180
Kasikornbank PCL Foreign		7,831,400		37,313,808
Kasikornbank PCL NVDR^c		3,711,800		17,633,378
KCE Electronics PCL NVDR		1,436,300		4,850,801
Krung Thai Bank PCL NVDR		23,824,500		11,752,160
Minor International PCL NVDR^c		14,339,820		15,071,491
PTT Exploration & Production PCL NVDR		9,171,839		21,207,604
PTT Global Chemical PCL NVDR		13,857,730		24,274,671
PTT PCL NVDR		6,675,000		65,291,694
Robinson Department Store PCL NVDR		3,288,000		6,082,148
Siam Cement PCL (The) Foreign		2,085,700		27,825,311
Siam Cement PCL (The) NVDR		602,100		8,032,612
Siam Commercial Bank PCL (The) NVDR^c		11,740,600		48,206,895
Thai Oil PCL NVDR		5,638,200		11,693,740
Thai Union Group PCL NVDR		12,527,700		7,268,134
TMB Bank PCL NVDR		90,129,600		5,102,700
True Corp. PCL NVDR^c		66,721,701		13,370,708

				598,290,241
TURKEY — 1.02%
Akbank TAS		14,814,534		32,620,664
Anadolu Efes Biracilik ve Malt Sanayii AS		1,362,720		7,165,726
Arcelik AS		1,579,124		9,229,365
BIM Birlesik Magazalar AS		1,421,191		19,978,245
Coca-Cola Icecek AS		496,109		4,748,687
Emlak Konut Gayrimenkul Yatirim Ortakligi AS		12,787,196		10,777,822
Enka Insaat ve Sanayi AS		1		1
Eregli Demir ve Celik Fabrikalari TAS		9,287,350		12,757,646


Security	Shares		Value
Ford Otomotiv Sanayi AS		476,280	$	4,008,820
Haci Omer Sabanci Holding AS		6,183,772		15,798,484
KOC Holding AS		4,217,444		15,313,573
Petkim Petrokimya Holding AS		4,464,694		4,752,722
TAV Havalimanlari Holding AS		1,093,351		4,123,025
Tofas Turk Otomobil Fabrikasi AS		830,504		5,193,072
Tupras Turkiye Petrol Rafinerileri AS		832,439		16,630,329
Turk Hava Yollari AO^a,c		3,562,826		4,998,015
Turk Telekomunikasyon AS^c		2,990,209		4,822,636
Turkcell Iletisim Hizmetleri AS^a		5,843,521		15,389,347
Turkiye Garanti Bankasi AS		15,262,089		32,448,853
Turkiye Halk Bankasi AS		4,174,554		10,701,799
Turkiye Is Bankasi Class C		10,663,681		14,990,359
Turkiye Sise ve Cam Fabrikalari AS		4,882,792		4,727,855
Turkiye Vakiflar Bankasi Tao Class D		5,131,910		6,241,269
Ulker Biskuvi Sanayi AS		1,028,407		5,173,828
Yapi ve Kredi Bankasi AS^a,c		5,897,520		5,366,386

				267,958,528
UNITED ARAB EMIRATES — 0.83%
Abu Dhabi Commercial Bank PJSC		13,263,060		22,388,873
Aldar Properties PJSC		21,154,195		14,283,841
Arabtec Holding PJSC^a		6,650,618		2,353,977
DP World Ltd.		1,113,368		17,290,605
Dubai Islamic Bank PJSC		8,415,107		12,005,707
DXB Entertainments PJSC^a		16,768,424		6,711,296
Emaar Malls PJSC		12,934,418		9,156,237
Emaar Properties PJSC		23,587,215		43,798,360
Emirates Telecommunications Group Co. PJSC		11,724,153		59,532,911
First Gulf Bank PJSC		6,034,512		19,058,861
National Bank of Abu Dhabi PJSC		4,640,570		11,876,706

				218,457,374

TOTAL COMMON STOCKS
(Cost: $26,126,891,383)				25,126,969,838


Security	Shares		Value
PREFERRED STOCKS — 4.29%

BRAZIL — 3.13%
Banco Bradesco SA		18,463,349	$	162,390,135
Braskem SA Class A		1,042,500		8,475,610
Centrais Eletricas Brasileiras SA Class B		1,630,937		13,659,851
Cia. Brasileira de Distribuicao		1,058,086		17,079,526
Cia. Energetica de Minas Gerais		5,038,202		11,766,976
Cia. Paranaense de Energia Class B		700,975		5,999,476
Gerdau SA		6,116,085		24,500,503
Itau Unibanco Holding SA		21,520,854		225,356,582
Itausa-Investimentos Itau SA		25,841,930		65,779,458
Lojas Americanas SA		3,927,624		19,019,802
Petroleo Brasileiro SA		26,019,827		123,079,743
Suzano Papel e Celulose SA Class A		2,674,500		10,160,332
Telefonica Brasil SA		2,961,867		39,544,099
Vale SA		12,805,851		96,730,079

				823,542,172
CHILE — 0.09%
Embotelladora Andina SA Class B		1,732,336		6,491,273
Sociedad Quimica y Minera de Chile SA Series B		653,310		18,650,469

				25,141,742
COLOMBIA — 0.15%
Bancolombia SA		2,995,054		25,480,938
Grupo Aval Acciones y Valores SA		21,318,193		8,126,691
Grupo de Inversiones Suramericana SA		557,606		6,269,285

				39,876,914
RUSSIA — 0.18%
Surgutneftegas OJSC		46,486,200		22,712,189
Transneft PJSC		9,251		25,292,514

				48,004,703
SOUTH KOREA — 0.74%
AmorePacific Corp.		60,413		10,051,177
Hyundai Motor Co.		153,040		12,541,150
Hyundai Motor Co. Series 2		253,326		21,517,704
LG Chem Ltd.		51,664		7,269,773
LG Household & Health Care Ltd.		13,109		5,589,869
Samsung Electronics Co. Ltd.		118,088		136,972,181


Security	Shares		Value
			$	193,941,854

TOTAL PREFERRED STOCKS
(Cost: $995,784,682)				1,130,507,385

RIGHTS — 0.00%

CHILE — 0.00%
LATAM Airlines Group SA^a		228,750		3,399

				3,399
INDONESIA — 0.00%
Jasa Marga Persero Tbk PT^a		913,695		16,855

				16,855

TOTAL RIGHTS
(Cost: $0)				20,254

SHORT-TERM INVESTMENTS — 5.60%

MONEY MARKET FUNDS — 5.60%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^e,f,g		1,461,072,586		1,461,510,907
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^e,f		13,812,000		13,812,000

				1,475,322,907

TOTAL SHORT-TERM INVESTMENTS
(Cost: $1,474,928,946)				1,475,322,907


TOTAL INVESTMENTS IN SECURITIES — 105.27%
(Cost: $28,597,605,011)^h				27,732,820,384
Other Assets, Less Liabilities — (5.27)%				(1,389,335,011	)

NET ASSETS — 100.00%			$	26,343,485,373

ADR — American Depositary Receipts

CPO — Certificates of Participation (Ordinary)

GDR — Global Depositary Receipts

NVDR — Non-Voting Depositary Receipts

^a	Non-income earning security.

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

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

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

^e	Affiliated money market fund.

^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.

^h	The cost of investments for federal income tax purposes was $30,042,222,076. Net unrealized depreciation was $2,309,401,692, of which $3,647,048,845 represented gross unrealized appreciation on securities and $5,956,450,537 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 98.57%

BRAZIL — 2.95%
Aliansce Shopping Centers SA		28,500	$	124,616
Alupar Investimento SA Units		24,608		119,457
Arezzo Industria e Comercio SA		12,600		102,439
B2W Cia. Digital^a		33,500		112,211
BR Properties SA		22,941		53,580
Cia. de Saneamento de Minas Gerais-COPASA		15,800		159,238
Cia. Hering		33,600		166,783
Cyrela Brazil Realty SA Empreendimentos e Participacoes		59,800		164,947
EcoRodovias Infraestrutura e Logistica SA		58,400		136,396
Estacio Participacoes SA		60,400		299,634
Even Construtora e Incorporadora SA		77,900		91,661
EZ TEC Empreendimentos e Participacoes SA		16,544		72,143
Fleury SA		20,100		232,108
Gafisa SA		127,900		79,028
Iguatemi Empresa de Shopping Centers SA		20,300		163,840
Iochpe Maxion SA		19,400		75,822
Light SA		22,300		98,760
Linx SA		23,800		124,189
Mahle-Metal Leve SA		13,900		84,571
Marfrig Global Foods SA^a		63,900		122,983
Minerva SA^a		30,600		110,820
MRV Engenharia e Participacoes SA		66,800		228,295
Multiplus SA		12,500		129,047
Santos Brasil Participacoes SA		100,500		80,519
Sao Martinho SA		13,500		214,962
SLC Agricola SA		22,800		98,547
Smiles SA		15,100		213,610
TOTVS SA		26,200		166,611
Valid Solucoes e Servicos de Seguranca em Meios de Pagamento e Identificacao SA		21,000		158,874
Via Varejo SA		28,600		81,509

				4,067,200


Security	Shares		Value
CHILE — 1.22%
CAP SA		12,376	$	90,340
Cia. Sud Americana de Vapores SA^a		3,955,281		91,088
Engie Energia Chile SA		128,018		205,612
Inversiones Aguas Metropolitanas SA		119,442		203,427
Inversiones La Construccion SA		7,475		92,525
Parque Arauco SA		154,140		353,030
Ripley Corp. SA		194,236		115,656
SalfaCorp SA		205,639		153,072
SONDA SA		109,624		212,065
Vina Concha y Toro SA		99,979		160,059

				1,676,874
CHINA — 23.68%
21Vianet Group Inc. ADR^a,b		16,789		131,794
361 Degrees International Ltd.		252,000		100,389
500.com Ltd. ADR^a,b		6,308		87,681
51job Inc. ADR^a		5,366		189,795
Agile Property Holdings Ltd.		442,000		247,308
AGTech Holdings Ltd.^a,b		656,000		126,859
Ajisen China Holdings Ltd.		237,000		99,302
Anhui Expressway Co. Ltd. Class H		114,000		93,473
Anton Oilfield Services Group/Hong Kong^a,b		596,000		79,911
Anxin-China Holdings Ltd.^a		1,084,000		30,088
APT Satellite Holdings Ltd.		127,000		68,931
Asia Cement China Holdings Corp.		430,000		104,220
AVIC International Holding HK Ltd.^a,b		1,230,000		82,458
Baozun Inc. ADR^a,b		5,574		84,112
Beijing Capital Land Ltd. Class H		248,000		96,877
Beijing Enterprises Medical & Health Group Ltd.^a		1,500,000		80,254
Beijing Tong Ren Tang Chinese Medicine Co. Ltd.		109,000		150,642
BEP International Holdings Ltd.		2,960,000		217,517
Best Pacific International Holdings Ltd.		92,000		75,316
Biostime International Holdings Ltd.^a,b		48,500		158,506
Bitauto Holdings Ltd. ADR^a,b		6,570		148,153


Security	Shares		Value
Boshiwa International Holding Ltd.^a,b		32,000	$	307
Bosideng International Holdings Ltd.		1,152,000		108,418
BYD Electronic International Co. Ltd.		170,500		151,670
C C Land Holdings Ltd.		502,000		140,439
C.banner International Holdings Ltd.^a		400,000		104,169
Capital Environment Holdings Ltd.^a		2,586,000		103,351
Carnival Group International Holdings Ltd.^a,b		1,272,000		154,149
Central China Securities Co. Ltd. Class H		276,000		162,967
CGN Meiya Power Holdings Co. Ltd.^a,c		468,000		73,609
Chaowei Power Holdings Ltd.		158,000		144,624
Cheetah Mobile Inc. ADR^a,b		6,663		67,696
Chiho-Tiande Group Ltd.^a,b		112,000		82,304
China Aerospace International Holdings Ltd.		918,000		119,534
China Agri-Industries Holdings Ltd.^a		508,000		204,336
China All Access Holdings Ltd.^b		348,000		113,059
China Animal Healthcare Ltd.^a,b		126,000		5,042
China Animation Characters Co. Ltd.^b		147,000		60,076
China Beidahuang Industry Group Holdings Ltd.^a		1,004,000		58,894
China BlueChemical Ltd. Class H		468,000		107,397
China Chengtong Development Group Ltd.^a,b		992,000		89,523
China Datang Corp. Renewable Power Co. Ltd. Class H^a		983,000		92,513
China Dongxiang Group Co. Ltd.		1,091,000		218,013
China Electronics Corp. Holdings Co. Ltd.^b		358,000		85,385
China Electronics Optics Valley Union Holding Co Ltd.^b		840,000		86,635
China Fangda Group Co. Ltd. Class B		122,400		112,196
China First Capital Group Ltd.^a		120,000		188,122
China Foods Ltd.		234,000		101,967


Security	Shares		Value
China Harmony New Energy Auto Holding Ltd.		190,500	$	76,135
China High Speed Transmission Equipment Group Co. Ltd.		104,000		139,173
China Huiyuan Juice Group Ltd.^a		192,000		73,764
China Innovationpay Group Ltd.^a,b		1,192,000		96,815
China Lesso Group Holdings Ltd.^b		291,000		210,466
China Lilang Ltd.		181,000		106,407
China Logistics Property Holdings Co. Ltd.^a		384,000		181,192
China LotSynergy Holdings Ltd.^a,b		2,640,000		97,001
China Lumena New Materials Corp.^a,b		210,000		1,971
China Maple Leaf Educational Systems Ltd.^b		158,000		100,218
China Merchants Land Ltd.		454,000		74,334
China Metal Recycling Holdings Ltd.^a		12,000		—
China Modern Dairy Holdings Ltd.^a,b		637,000		169,174
China NT Pharma Group Co.Ltd.^b		440,500		100,518
China Ocean Industry Group Ltd.^a,b		3,565,000		109,386
China Oil & Gas Group Ltd.^a		1,730,000		133,821
China Overseas Grand Oceans Group Ltd.^a		394,000		146,798
China Overseas Property Holdings Ltd.^b		345,000		64,493
China Power New Energy Development Co. Ltd.		129,000		76,336
China Regenerative Medicine International Ltd.^a,b		3,265,000		113,651
China SCE Property Holdings Ltd.^a		363,000		120,272
China Shanshui Cement Group Ltd.^a,b		253,000		16,309
China Shengmu Organic Milk Ltd.^a,b,c		451,000		133,149
China Shineway Pharmaceutical Group Ltd.		188,000		201,169
China Singyes Solar Technologies Holdings Ltd.		187,000		89,924
China Suntien Green Energy Corp. Ltd. Class H		728,000		97,609


Security	Shares		Value
China Traditional Chinese Medicine Holdings Co. Ltd.^b		470,000	$	235,101
China Travel International Investment Hong Kong Ltd.^b		608,000		177,932
China Water Affairs Group Ltd.		242,000		173,155
China Water Industry Group Ltd.^a,b		824,000		138,101
China Yurun Food Group Ltd.^a		433,000		68,104
China ZhengTong Auto Services Holdings Ltd.^b		282,500		84,495
Chinasoft International Ltd.^a,b		448,000		223,519
Chongqing Machinery & Electric Co. Ltd. Class H		1,156,000		140,091
CIFI Holdings Group Co. Ltd.		754,000		223,576
CIMC Enric Holdings Ltd.		214,000		95,183
CITIC Resources Holdings Ltd.^a,b		828,000		109,950
Citychamp Watch & Jewellery Group Ltd.		388,000		95,541
Cogobuy Group^a,b,c		141,000		214,500
Colour Life Services Group Co. Ltd.		138,000		99,631
Comba Telecom Systems Holdings Ltd.		682,894		125,017
Concord New Energy Group Ltd.		1,890,000		98,683
Coolpad Group Ltd.^a		816,000		89,420
COSCO International Holdings Ltd.^b		314,000		153,829
Cosmo Lady China Holdings Co. Ltd.^b,c		210,000		81,221
Credit China FinTech Holdings Ltd.^a,b		2,360,000		255,574
Crown International Corp Ltd.^a		304,000		67,802
CT Environmental Group Ltd.^b		580,000		139,828
Dah Chong Hong Holdings Ltd.^b		257,000		102,712
Dawnrays Pharmaceutical Holdings Ltd.		188,000		114,885
Dazhong Transportation Group Co. Ltd. Class B		198,100		141,245
Digital China Holdings Ltd.^b		250,000		198,539
Dongyue Group Ltd.^a		395,000		59,301
eHi Car Services Ltd. ADR^a,b		9,871		99,796
Fang Holdings Ltd. ADR^a		60,175		176,313
Fantasia Holdings Group Co. Ltd.		1,071,000		144,979
FDG Electric Vehicles Ltd.^a,b		3,090,000		151,380


Security	Shares		Value
First Tractor Co. Ltd. Class H		148,000	$	86,434
Fu Shou Yuan International Group Ltd.^b		247,000		156,034
Fufeng Group Ltd.		300,400		137,485
Fullshare Holdings Ltd.		617,500		328,786
Glorious Property Holdings Ltd.^a		769,000		115,995
Golden Eagle Retail Group Ltd.^b		136,000		195,321
Golden Meditech Holdings Ltd.^a		936,000		120,671
Greatview Aseptic Packaging Co. Ltd.		317,000		168,377
Greenland Hong Kong Holdings Ltd.^a		255,000		68,380
Greentown China Holdings Ltd.^a,b		154,000		126,668
Guorui Properties Ltd.^b		317,000		105,440
Haichang Ocean Park Holdings Ltd.^a,c		507,000		124,190
Hangzhou Steam Turbine Co. Ltd. Class B^a		78,980		87,160
Harbin Electric Co. Ltd. Class H		198,000		93,937
HC International Inc.^a,b		152,000		110,718
Hengdeli Holdings Ltd.^a		757,600		86,927
Hi Sun Technology China Ltd.^a,b		648,000		103,591
Hilong Holding Ltd.		248,000		66,823
Hisense Kelon Electrical Holdings Co. Ltd. Class H		109,000		95,135
Hopewell Highway Infrastructure Ltd.		361,000		185,232
Hopson Development Holdings Ltd.		166,000		151,947
Hua Han Health Industry Holdings Ltd. Class H		1,112,400		76,009
Hua Hong Semiconductor Ltd.^c		105,000		121,154
Huabao International Holdings Ltd.^a		501,000		211,854
Huadian Fuxin Energy Corp. Ltd. Class H		586,000		132,209
Huangshi Dongbei Electrical Appliance Co. Ltd. Class B^a		47,700		87,816
Huanxi Media Group Ltd.		240,000		89,420
Huayi Tencent Entertainment Co. Ltd.^a,b		1,440,000		96,537
Hutchison China Meditech Ltd.^a,b		4,677		128,410
Hybrid Kinetic Group Ltd.^a		4,820,000		109,988
IGG Inc.		209,000		164,632


Security	Shares		Value
iKang Healthcare Group Inc. ADR^a,b		13,285	$	203,792
IMAX China Holding Inc.^a,b,c		27,500		133,128
Inner Mongolia Yitai Coal Co. Ltd. Class B		259,000		246,568
Intime Retail Group Co. Ltd.^b		370,500		304,744
JA Solar Holdings Co. Ltd. ADR^a,b		13,966		75,975
JinkoSolar Holding Co. Ltd.^a,b		6,173		87,286
Ju Teng International Holdings Ltd.		276,000		93,937
Jumei International Holding Ltd. ADR^a		16,676		77,877
K Wah International Holdings Ltd.		352,000		181,068
Kama Co. Ltd.^a		78,600		87,325
Kingboard Chemical Holdings Ltd.		161,500		452,853
Kingboard Laminates Holdings Ltd.		214,500		189,981
Kingdee International Software Group Co. Ltd.^a		452,000		195,796
Kong Sun Holdings Ltd.^a		1,075,000		45,943
KongZhong Corp. ADR^a		14,062		93,653
Konka Group Co. Ltd. Class B^a		188,900		70,868
KuangChi Science Ltd.^a		367,000		133,426
KWG Property Holding Ltd.		291,000		163,571
Lao Feng Xiang Co. Ltd. Class B		51,400		178,050
Launch Tech Co. Ltd.^a		64,000		68,813
Lee & Man Paper Manufacturing Ltd.		364,000		279,688
Leyou Technologies Holdings Ltd.^a,b		610,000		121,109
Li Ning Co. Ltd.^a		335,000		246,608
Lifetech Scientific Corp.^a,b		492,000		126,225
Livzon Pharmaceutical Group Inc. Class H		20,900		134,588
Logan Property Holdings Co. Ltd.^b		302,000		123,811
Lonking Holdings Ltd.		739,000		146,721
Luthai Textile Co. Ltd. Class B		109,100		137,700
Luye Pharma Group Ltd.		276,000		185,028
Minth Group Ltd.		156,000		510,839
MMG Ltd.^a,b		364,000		102,302
Nan Hai Corp. Ltd.^a		3,550,000		130,436
National Agricultural Holdings Ltd.^a,b		306,000		66,276
NetDragon Websoft Holdings Ltd.^b		41,000		129,502


Security	Shares		Value
New Silkroad Culturaltainment Ltd.^a		460,000	$	88,363
New World Department Store China Ltd.^a		554,000		77,136
Nexteer Automotive Group Ltd.		208,000		260,649
Noah Holdings Ltd. ADR^a,b		5,965		146,679
North Mining Shares Co. Ltd.^a,b		3,170,000		68,250
NQ Mobile Inc. ADR^a		20,574		77,152
PAX Global Technology Ltd.^b		203,000		136,090
Peace Map Holding Ltd.^a		200,000		4,151
Phoenix Healthcare Group Co. Ltd.^b		135,500		212,422
Phoenix Satellite Television Holdings Ltd.		732,000		143,443
Poly Property Group Co. Ltd.^a,b		484,000		151,003
Pou Sheng International Holdings Ltd.^b		518,000		158,272
Qingdao Port International Co. Ltd.^c		243,000		134,397
Renhe Commercial Holdings Co. Ltd.^a		4,074,000		105,045
Seaspan Corp.		11,741		105,317
Shandong Airlines Co. Ltd. Class B		39,500		88,506
Shandong Chenming Paper Holdings Ltd. Class B		188,900		183,137
Shandong Luoxin Pharmaceutical Group Stock Co. Ltd. Class H		52,000		70,123
Shandong Zhonglu Oceanic Fisheries Co. Ltd.^a		105,700		82,307
Shang Gong Group Co. Ltd. Class B^a		87,900		99,327
Shanghai Baosight Software Co. Ltd. Class B		53,800		92,805
Shanghai Dasheng Agricultural Finance Technology Co. Ltd.		840,000		68,225
Shanghai Haixin Group Co. Class B		104,700		91,403
Shanghai Huili Building Materials Co. Ltd.^a		28,800		49,392
Shanghai Jin Jiang International Hotels Group Co. Ltd. Class H		342,000		95,237
Shanghai Jinjiang International Industrial Investment Co. Ltd. Class B		54,300		82,264


Security	Shares		Value
Shanghai Jinjiang International Travel Co. Ltd. Class B		22,100	$	81,129
Shanghai Lingyun Industries Development Co. Ltd. Class B^a		57,700		64,335
Shanghai Potevio Co. Ltd. Class B^a		37,800		54,923
Shanghai Shibei Hi-Tech Co. Ltd. Class B		71,400		79,968
Shanghai Zhongyida Co. Ltd.^a		88,300		47,240
Shenguan Holdings Group Ltd.		1,152,000		98,022
Shenzhen Expressway Co. Ltd. Class H		190,000		182,489
Shenzhen International Holdings Ltd.		248,000		365,127
Shenzhen Investment Ltd.		694,000		302,414
Shougang Concord International Enterprises Co. Ltd.^a,b		2,848,000		100,971
Shougang Fushan Resources Group Ltd.^b		636,000		136,930
Sihuan Pharmaceutical Holdings Group Ltd.^b		1,119,000		302,953
Sino Oil And Gas Holdings Ltd.^a		4,050,000		97,639
Sinolink Worldwide Holdings Ltd.^a		780,000		92,514
Sinopec Kantons Holdings Ltd.		246,000		110,050
Sinosoft Technology Group Ltd.^b		172,800		81,091
Sinotrans Shipping Ltd.^a,b		559,000		121,073
Sinotruk Hong Kong Ltd.		177,500		123,343
Skyworth Digital Holdings Ltd.^b		442,000		277,509
SMI Holdings Group Ltd.^b		1,416,000		135,089
Sohu.com Inc.^a		7,350		254,530
SSY Group Ltd.		605,970		203,900
Superb Summit International Group Ltd.^a,b		238,250		2,236
Tarena International Inc. ADR		10,663		179,032
TCL Multimedia Technology Holdings Ltd.^a,b		144,000		70,546
Technovator International Ltd.^b		232,000		95,113
Texhong Textile Group Ltd.		70,500		106,159
Tian Ge Interactive Holdings Ltd.^b,c		97,000		73,407
Tianjin Development Holdings Ltd.		248,000		131,407
Tianjin Port Development Holdings Ltd.		736,000		116,710


Security	Shares		Value
Tianjin TEDA Biomedical Engineering Co. Ltd.^a		45,000	$	4,351
Tianneng Power International Ltd.		176,000		157,016
Tibet Water Resources Ltd.^b		479,000		191,436
Tong Ren Tang Technologies Co. Ltd. Class H		157,000		299,157
Tongda Group Holdings Ltd.		790,000		232,214
Towngas China Co. Ltd.^b		281,000		145,632
Tuniu Corp. ADR^a,b		9,478		86,060
United Photovoltaics Group Ltd.^a,b		1,290,000		109,764
Vinda International Holdings Ltd.		69,000		131,121
Viva China Holdings Ltd.^a,b		776,000		71,031
Wasion Group Holdings Ltd.^b		136,000		85,738
Weiqiao Textile Co. Class H		119,000		77,169
West China Cement Ltd.^a		814,000		82,904
Wisdom Sports Group^a		218,000		75,321
Xiamen International Port Co. Ltd. Class H		520,000		106,592
Xingda International Holdings Ltd.		320,000		129,953
Xinjiang Xinxin Mining Industry Co. Ltd. Class H^a		462,000		70,283
Xinyi Solar Holdings Ltd.^b		630,000		215,235
Xinyuan Real Estate Co. Ltd. ADR		13,239		73,212
XTEP International Holdings Ltd.^b		209,000		93,767
Yanchang Petroleum International Ltd.^a,b		2,150,000		61,534
Yangtze Optical Fibre and Cable Joint Stock Ltd. Co.^c		44,000		84,861
Yingde Gases Group Co. Ltd.		294,000		115,983
Yip’s Chemical Holdings Ltd.^b		296,000		129,747
Yuexiu Property Co. Ltd.		602,000		89,252
Yuexiu REIT		467,000		261,296
Yuexiu Transport Infrastructure Ltd.^b		250,000		170,177
Yuxing InfoTech Investment Holdings Ltd.^a,b		244,000		57,881
Zhaojin Mining Industry Co. Ltd. Class H		235,000		213,894
Zhonglu Co. Ltd. Class B		27,100		55,067
Zhongsheng Group Holdings Ltd.		165,000		153,159

				32,647,987
COLOMBIA — 0.27%
Almacenes Exito SA		39,213		183,486
Cemex Latam Holdings SA^a		51,227		186,063

				369,549


Security	Shares		Value
CZECH REPUBLIC — 0.10%
Philip Morris CR AS		290	$	143,544

				143,544
EGYPT — 0.27%
Egyptian Financial Group-Hermes Holding Co.^a		96,854		108,978
Medinet Nasr Housing^a		76,646		81,713
Orascom Telecom Media And Technology Holding SAE GDR^a		135,576		51,519
Palm Hills Developments SAE		332,946		58,441
South Valley Cement^a		224,687		70,661

				371,312
GREECE — 0.61%
Aegean Airlines SA		9,524		63,144
Grivalia Properties REIC AE		11,727		98,276
Hellenic Exchanges-Athens Stock Exchange SA		21,773		108,786
Intralot SA-Integrated Lottery Systems & Services^a		10,466		11,991
Metka Industrial-Construction SA		14,238		108,746
Motor Oil Hellas Corinth Refineries SA		15,850		205,463
Mytilineos Holdings SA^a		24,375		153,332
Public Power Corp. SA^a		27,255		88,760

				838,498
HUNGARY — 0.14%
Magyar Telekom Telecommunications PLC		117,233		195,381

				195,381
INDIA — 11.69%
Adani Enterprises Ltd.		63,230		62,861
Aditya Birla Fashion and Retail Ltd.^a		54,903		111,933
Aditya Birla Nuvo Ltd.		9,862		182,302
AIA Engineering Ltd.		11,841		230,899
Ajanta Pharma Ltd.		6,985		193,634
Alembic Pharmaceuticals Ltd.		16,135		156,025
Amara Raja Batteries Ltd.		12,252		168,085
Andhra Bank		110,191		83,470
Apollo Tyres Ltd.		72,501		202,201
Arvind Ltd.		37,297		198,094
Balkrishna Industries Ltd.		14,673		212,810
Bayer CropScience Ltd./India		4,039		241,326


Security	Shares		Value
Bharat Financial Inclusion Ltd.^a		10,323	$	111,526
Biocon Ltd.		15,668		209,856
Blue Dart Express Ltd.		2,263		157,250
Canara Bank Ltd.^a		25,628		119,212
Ceat Ltd.		6,323		118,301
CESC Ltd.		23,561		201,812
Cox & Kings Ltd.		38,771		93,261
Credit Analysis & Research Ltd.		6,422		129,596
CRISIL Ltd.		6,746		220,369
Crompton Greaves Consumer Electricals Ltd.^a		93,188		201,763
Crompton Greaves Ltd.^a		139,100		157,087
Cyient Ltd.		23,806		172,696
Dalmia Bharat Ltd.		6,517		154,473
DCB Bank Ltd.^a		55,804		91,106
Dewan Housing Finance Corp. Ltd.		45,511		170,544
Dish TV India Ltd.^a		118,412		157,683
eClerx Services Ltd.		6,852		150,196
Edelweiss Financial Services Ltd.		92,432		137,266
EID Parry India Ltd.^a		31,991		115,814
Exide Industries Ltd.		76,228		201,737
Federal Bank Ltd.		318,957		329,912
Finolex Cables Ltd.		28,575		173,269
Gateway Distriparks Ltd.		35,313		121,882
Gayatri Projects Ltd.		9,595		89,756
GE T&D India Ltd.		24,349		115,522
Gillette India Ltd.		3,101		199,219
GMR Infrastructure Ltd.^a		616,972		108,163
Great Eastern Shipping Co. Ltd. (The)		32,388		171,832
Gujarat Fluorochemicals Ltd.		15,587		111,149
Gujarat Gas Ltd.		12,299		98,169
Gujarat Mineral Development Corp. Ltd.		71,685		111,326
Gujarat Pipavav Port Ltd.		51,620		105,278
Gujarat State Petronet Ltd.		64,127		146,993
Hexaware Technologies Ltd.		37,342		112,328
Housing Development & Infrastructure Ltd.^a		101,758		92,096
IIFL Holdings Ltd.		43,692		168,739
India Cements Ltd. (The)		56,937		99,527
Indian Hotels Co. Ltd. (The)		121,244		180,585
Indraprastha Gas Ltd.		11,923		144,411


Security	Shares		Value
Info Edge India Ltd.		18,461	$	242,087
Ipca Laboratories Ltd.^a		17,455		148,159
IRB Infrastructure Developers Ltd.		53,520		145,824
Jain Irrigation Systems Ltd.		100,970		132,539
Jaiprakash Associates Ltd.^a		508,883		60,219
Jammu & Kashmir Bank Ltd. (The)		87,586		77,799
Jindal Steel & Power Ltd.^a		92,443		95,348
Jubilant Foodworks Ltd.		11,111		149,404
Jubilant Life Sciences Ltd.		17,477		179,918
Just Dial Ltd.^a		12,282		68,113
Kajaria Ceramics Ltd.		26,156		203,901
Kansai Nerolac Paints Ltd.		42,417		215,063
KPIT Technologies Ltd.		56,223		108,341
KRBL Ltd.		26,724		105,804
L&T Finance Holdings Ltd.		119,736		156,298
Mahanagar Gas Ltd.		10,311		115,863
Manappuram Finance Ltd.		130,294		146,571
Marksans Pharma Ltd.		90,098		58,377
Max Financial Services Ltd.		15,281		119,225
Max India Ltd.^a		39,703		83,554
MindTree Ltd.		28,152		196,327
Mphasis Ltd.		20,408		157,050
Muthoot Finance Ltd.		27,727		122,718
Natco Pharma Ltd.		17,801		157,026
NCC Ltd./India		105,168		122,916
Oberoi Realty Ltd.		28,410		118,643
Page Industries Ltd.		1,530		298,478
PC Jeweller Ltd.		17,940		96,581
Persistent Systems Ltd.		14,532		129,368
PI Industries Ltd.		17,468		221,996
PTC India Ltd.		163,512		170,800
PVR Ltd.		9,750		163,701
Rajesh Exports Ltd.		23,234		158,160
RBL Bank Ltd.^a,c		23,845		126,717
Redington India Ltd.		108,225		154,790
Reliance Capital Ltd.		28,353		181,988
Reliance Communications Ltd.^a		217,862		120,152
Reliance Infrastructure Ltd.		27,878		195,556
Sadbhav Engineering Ltd.		31,302		125,782
Strides Shasun Ltd.		12,607		201,752
Sun Pharma Advanced Research Co. Ltd.^a		24,761		115,686
Sun TV Network Ltd.		26,424		181,747


Security	Shares		Value
Sundaram Finance Ltd.		9,633	$	179,800
Supreme Industries Ltd.		16,392		215,291
Suzlon Energy Ltd.^a		634,695		137,233
Symphony Ltd.		5,981		106,615
Syndicate Bank^a		63,488		62,376
Tata Global Beverages Ltd.		117,721		213,002
Thermax Ltd.		12,703		154,600
Torrent Power Ltd.		39,001		101,621
Tube Investments of India Ltd.		24,875		210,814
TVS Motor Co. Ltd.		38,470		210,253
Vakrangee Ltd.		30,071		121,406
Voltas Ltd.		35,991		166,076
WABCO India Ltd.		1,987		147,664
Welspun India Ltd.		76,557		77,900
Wockhardt Ltd.		8,856		90,735

				16,121,071
INDONESIA — 2.56%
Ace Hardware Indonesia Tbk PT		2,262,300		144,393
Agung Podomoro Land Tbk PT^a		3,973,400		69,192
Alam Sutera Realty Tbk PT^a		3,623,100		101,588
Aneka Tambang Persero Tbk PT^a		2,079,000		148,801
Arwana Citramulia Tbk PT		1,948,500		82,670
Bank Bukopin Tbk		2,276,000		107,481
Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk PT		866,100		99,056
Bank Tabungan Negara Persero Tbk PT		1,210,623		147,392
Ciputra Development Tbk PT		2,626,563		261,639
Hanson International Tbk PT^a		19,592,400		242,872
Indo Tambangraya Megah Tbk PT		104,500		123,372
Japfa Comfeed Indonesia Tbk PT		1,186,400		146,194
Kawasan Industri Jababeka Tbk PT^a		6,680,394		141,963
Kresna Graha Investama PT Tbk^a		3,234,500		115,036
Link Net Tbk PT		333,300		121,737
Mitra Adiperkasa Tbk PT^a		256,800		99,953
Multipolar Tbk PT^a		2,268,813		55,580
Pembangunan Perumahan Persero Tbk PT		825,200		258,779
Perusahaan Perkebunan London Sumatra Indonesia Tbk PT		798,700		106,965
PP Properti Tbk PT		1,221,700		130,261


Security	Shares		Value
Ramayana Lestari Sentosa Tbk PT		1,196,400	$	105,052
Semen Baturaja Persero TBK PT		601,700		114,990
Sugih Energy Tbk PT^a		5,450,300		45,846
Surya Semesta Internusa Tbk PT		1,974,050		75,015
Tambang Batubara Bukit Asam Persero Tbk PT		169,700		147,756
Tiga Pilar Sejahtera Food Tbk^a		595,500		82,168
Timah Persero Tbk PT		986,796		87,739
Wijaya Karya Persero Tbk PT		913,448		163,784

				3,527,274
MALAYSIA — 3.21%
Bumi Armada Bhd^a		894,400		102,137
Bursa Malaysia Bhd		131,100		248,344
Cahya Mata Sarawak Bhd^b		179,900		143,807
Carlsberg Brewery Malaysia Bhd		58,100		180,310
DRB-Hicom Bhd		273,600		59,119
Eastern & Oriental Bhd		351,481		118,052
IGB REIT		675,000		238,804
Inari Amertron Bhd		189,100		144,387
Karex Bhd^b		183,100		98,807
Kossan Rubber Industries		98,100		146,733
KPJ Healthcare Bhd		257,150		241,834
Magnum Bhd		339,500		169,522
Mah Sing Group Bhd		393,457		118,055
Malaysia Building Society Bhd		385,200		77,627
Malaysian Pacific Industries Bhd		52,800		86,069
Malaysian Resources Corp. Bhd		280,400		82,249
Media Prima Bhd		457,300		111,611
My EG Services Bhd		407,400		205,251
OSK Holdings Bhd		345,587		118,394
POS Malaysia Bhd		132,100		112,400
Press Metal Bhd		289,840		108,382
QL Resources Bhd		219,000		218,215
Sunway Bhd		322,400		212,960
Sunway Construction Group Bhd		296,620		108,260
Sunway REIT		535,300		208,558
Supermax Corp. Bhd		141,000		68,827
TIME dotCom Bhd		97,100		172,414
Top Glove Corp. Bhd^b		191,800		226,759
Unisem M Bhd		193,500		103,986
VS Industry Bhd		253,500		80,035
WCT Holdings Bhd		297,347		117,847

				4,429,755


Security	Shares		Value
MEXICO — 2.98%
Alsea SAB de CV		126,059	$	371,912
Axtel SAB de CV CPO^a,b		262,000		52,086
Banregio Grupo Financiero SAB de CV		52,400		281,779
Bolsa Mexicana de Valores SAB de CV^b		97,000		129,017
Concentradora Fibra Hotelera Mexicana SA de CV		150,700		109,459
Consorcio ARA SAB de CV		302,000		101,933
Controladora Vuela Cia. de Aviacion SAB de CV Class A^a		155,900		230,737
Corp Inmobiliaria Vesta SAB de CV		137,900		166,039
Genomma Lab Internacional SAB de CV Series B^a		181,800		195,276
Grupo Aeromexico SAB de CV^a,b		115,300		202,581
Grupo Aeroportuario del Centro Norte SAB de CV		58,800		278,282
Grupo Comercial Chedraui SA de CV		40,300		73,484
Grupo Financiero Interacciones SA de CV Series O^b		27,500		102,572
Grupo Herdez SAB de CV^b		67,400		136,825
Industrias Bachoco SAB de CV Series B		46,000		181,102
Industrias CH SAB de CV Series B^a,b		35,900		202,467
La Comer SAB de CV^a,b		115,800		89,936
Macquarie Mexico Real Estate Management SA de CV		202,900		204,362
Minera Frisco SAB de CV Series A1^a,b		150,900		116,386
PLA Administradora Industrial S. de RL de CV^b		161,100		223,010
Prologis Property Mexico SA de CV^b		101,400		149,432
Qualitas Controladora SAB de CV		72,700		110,510
Telesites SAB de CV^a		378,900		222,463
TV Azteca SAB de CV CPO^b		400,300		61,397
Unifin Financiera SAB de CV SOFOM ENR^b		48,000		116,011
Urbi Desarrollos Urbanos SAB de CV^a		1		1

				4,109,059


Security	Shares		Value
PHILIPPINES — 1.12%
Bloomberry Resorts Corp.^a		966,200	$	123,957
Cebu Air Inc.		76,040		155,352
Cosco Capital Inc.		794,100		135,091
D&L Industries Inc.		723,000		164,285
DoubleDragon Properties Corp.^a		175,410		155,199
Filinvest Land Inc.		4,863,000		169,173
First Gen Corp.		362,400		158,864
First Philippine Holdings Corp.		98,070		131,141
Manila Water Co. Inc.		366,500		219,620
Vista Land & Lifescapes Inc.		1,260,500		126,735

				1,539,417
POLAND — 0.97%
Asseco Poland SA		17,406		218,361
Budimex SA		3,033		148,537
CD Projekt SA^a		15,692		178,592
Ciech SA		7,538		100,679
Enea SA^a		57,800		128,228
Globe Trade Centre SA^a		60,171		114,972
KRUK SA		3,957		193,506
Netia SA		63,690		71,407
PKP Cargo SA^a		8,517		97,522
Warsaw Stock Exchange		10,268		91,020

				1,342,824
QATAR — 0.73%
Gulf International Services QSC		8,804		69,152
Qatar First Bank^a		44,052		118,805
Qatar National Cement Co. QSC		7,286		164,081
Qatari Investors Group QSC		8,146		119,689
Salam International Investment Ltd. QSC		47,238		142,705
United Development Co. QSC		45,998		232,314
Vodafone Qatar QSC^a		63,969		154,599

				1,001,345
RUSSIA — 0.79%
Acron JSC		3,061		162,353
Aeroflot PJSC^a		133,056		280,226
DIXY Group OJSC^a		31,580		139,378
LSR Group PJSC GDR^d		59,677		178,733
M Video OJSC		28,320		160,381
Mechel PJSC^a		15,943		95,020
TMK PJSC GDR^d		17,038		77,267

				1,093,358


Security	Shares		Value
SOUTH AFRICA — 5.45%
Adcock Ingram Holdings Ltd.^b		23,278	$	77,172
Advtech Ltd.		121,544		155,112
Aeci Ltd.		28,509		201,019
African Rainbow Minerals Ltd.		24,554		188,012
Alexander Forbes Group Holdings Ltd.		244,891		111,915
Ascendis Health Ltd.^b		70,065		120,736
Assore Ltd.		7,966		129,688
Astral Foods Ltd.		11,795		104,274
Attacq Ltd.^a		111,128		130,648
AVI Ltd.		74,016		457,988
Barloworld Ltd.		47,327		360,834
Blue Label Telecoms Ltd.		111,947		151,883
Cashbuild Ltd.		5,201		138,755
City Lodge Hotels Ltd.		12,399		127,294
Clicks Group Ltd.		55,930		480,935
Clover Industries Ltd.		100,572		139,032
Curro Holdings Ltd.^a		27,944		95,569
DataTec Ltd.		47,826		153,473
Emira Property Fund Ltd.		140,672		138,403
EOH Holdings Ltd.		27,267		320,779
Famous Brands Ltd.		16,166		181,446
Grindrod Ltd.		109,948		108,958
Harmony Gold Mining Co. Ltd.		97,456		219,352
Hosken Consolidated Investments Ltd.		14,852		136,912
JSE Ltd.		18,935		213,498
KAP Industrial Holdings Ltd.		351,084		190,232
Lewis Group Ltd.		23,143		62,204
Mpact Ltd.		56,314		127,232
Murray & Roberts Holdings Ltd.		120,897		96,968
Nampak Ltd.		141,135		159,083
Northam Platinum Ltd.^a		81,159		239,029
Omnia Holdings Ltd.		14,887		171,941
PPC Ltd.		498,645		195,885
Raubex Group Ltd.		60,141		98,618
Reunert Ltd.		39,079		182,575
SA Corporate Real Estate Ltd.		480,842		188,549
Sun International Ltd./South Africa		26,637		152,420
Super Group Ltd./South Africa^a		77,606		223,696
Tongaat Hulett Ltd.		24,006		222,513
Trencor Ltd.		44,896		100,763
Vukile Property Fund Ltd.		154,045		198,236


Security	Shares		Value
Wilson Bayly Holmes-Ovcon Ltd.		13,150	$	134,535
Zeder Investments Ltd.		272,670		131,803

				7,519,969
SOUTH KOREA — 16.88%
Able C&C Co. Ltd.		4,593		82,113
Advanced Process Systems Corp.^a,b		5,653		116,295
AeroSpace Technology of Korea Inc.^a,b		4,277		60,183
Agabang & Co.^a,b		11,898		67,782
Ahnlab Inc.^b		1,695		91,633
ALUKO Co. Ltd.		15,389		55,617
Amicogen Inc.^b		2,083		83,210
Asiana Airlines Inc.^a		27,410		110,550
ATGen Co. Ltd.^a,b		2,157		59,596
Binex Co. Ltd.^a,b		7,706		114,695
Binggrae Co. Ltd.		2,415		132,830
Bukwang Pharmaceutical Co. Ltd.		5,484		112,584
Caregen Co. Ltd.^b		943		59,369
Cell Biotech Co. Ltd.		1,788		63,090
Celltrion Pharm Inc.^a,b		3,734		71,387
Cellumed Co. Ltd.		44,144		73,633
Chabiotech Co. Ltd.^a		12,479		129,695
Chong Kun Dang Pharmaceutical Corp.		1,453		123,419
CJ CGV Co. Ltd.^b		3,447		179,567
CJ Freshway Corp.		2,111		72,320
CJ O Shopping Co. Ltd.		938		132,309
CMG Pharmaceutical Co. Ltd.^a,b		25,601		53,652
Com2uSCorp.^a,b		2,468		178,178
Cosmax Inc.^b		1,748		155,504
COSON Co. Ltd.^a,b		7,205		76,731
CrucialTec Co. Ltd.^a,b		10,776		68,303
CrystalGenomics Inc.^a		5,211		77,783
Dae Hwa Pharmaceutical Co. Ltd.^b		3,370		75,526
Daesang Corp.		5,842		142,920
Daewoo Shipbuilding & Marine Engineering Co. Ltd.^a		21,862		75,401
Daewoong Pharmaceutical Co. Ltd.		1,353		77,658
Daishin Securities Co. Ltd.		11,890		105,775
Daou Technology Inc.		7,375		118,601
Dawonsys Co. Ltd.^b		6,660		64,375


Security	Shares		Value
DIO Corp.^a		2,928	$	101,687
Dong-A Socio Holdings Co. Ltd.		876		105,280
Dong-A ST Co. Ltd.		1,246		89,849
Dongbu HiTek Co. Ltd.^a		8,952		119,074
Dongkuk Steel Mill Co. Ltd.^a		13,919		115,610
Dongwon Development Co. Ltd.		31,443		114,712
Dongwon F&B Co. Ltd.		394		69,259
Doosan Infracore Co. Ltd.^a,b		31,335		209,338
DoubleUGames Co. Ltd.^a		3,123		84,817
DuzonBIzon Co. Ltd.^b		5,613		108,030
Easy Bio Inc.^b		18,337		93,328
Emerson Pacific Inc.^a,b		2,271		69,642
EO Technics Co. Ltd.^b		2,191		148,997
Fila Korea Ltd.		2,590		148,437
Finetex EnE Inc.^a,b		11,065		60,102
Foosung Co. Ltd.^a		14,147		85,677
G-SMATT GLOBAL Co. Ltd.^a,b		4,292		86,828
G-treeBNT Co. Ltd.^a,b		4,665		64,445
Gamevil Inc.^a,b		1,959		89,483
GemVax & Kael Co. Ltd.^a,b		8,575		89,854
Genexine Co. Ltd.^a,b		2,333		85,513
GNCO Co. Ltd.^a		15,549		79,670
Grand Korea Leisure Co. Ltd.		8,558		161,050
Green Cross Cell Corp.^a		2,457		57,797
Green Cross Corp./South Korea		1,322		165,667
Green Cross Holdings Corp.		6,153		118,423
GS Home Shopping Inc.		1,008		148,305
Halla Holdings Corp.		2,611		142,493
Hana Tour Service Inc.^b		2,346		136,660
Hanall Biopharma Co. Ltd.^a,b		6,408		63,858
Handsome Co. Ltd.		4,334		136,799
Hanjin Heavy Industries & Construction Co. Ltd.^a		22,506		63,626
Hanjin Kal Corp.^b		10,660		162,310
Hanjin Transportation Co. Ltd.		3,034		71,759
Hankook Tire Worldwide Co. Ltd.		6,617		116,882
Hansae Co. Ltd.^b		5,133		97,694
Hansol Chemical Co. Ltd.		2,334		174,094
Hansol Holdings Co. Ltd.^a		24,167		118,246
Hansol Technics Co. Ltd.^a		5,429		65,247
Hanwha Investment & Securities Co. Ltd.^a,b		41,182		72,920
Hite Jinro Co. Ltd.		7,744		144,076
HLB Inc.^a,b		7,384		97,270


Security	Shares		Value
Homecast Co. Ltd.^a		6,586	$	125,630
HS Industries Co. Ltd.		9,440		74,693
Huchems Fine Chemical Corp.		7,465		148,783
Hugel Inc.^a		620		147,065
Humedix Co. Ltd.^b		2,305		65,066
Huons Co. Ltd.^a		1,522		76,683
Huons Global Co. Ltd.		2,089		63,793
Hwa Shin Co. Ltd.		15,738		80,908
Hyundai Corp.		4,511		76,788
Hyundai Elevator Co. Ltd.^a		3,401		168,152
Hyundai Greenfood Co. Ltd.		13,506		187,158
Hyundai Home Shopping Network Corp.		1,649		150,929
Hyundai Livart Furniture Co. Ltd.^b		3,514		77,852
Hyundai Mipo Dockyard Co. Ltd.^a,b		2,629		139,203
Hyundai Rotem Co. Ltd.^a		6,816		109,320
Iljin Materials Co. Ltd.^a,b		5,076		52,104
Ilyang Pharmaceutical Co. Ltd.^a,b		3,517		108,604
InBody Co. Ltd.		4,342		96,010
Innocean Worldwide Inc.		2,550		135,674
Interojo Co. Ltd.		3,720		122,669
Interpark Holdings Corp.		19,164		77,866
iNtRON Biotechnology Inc.^a,b		2,568		62,605
IS Dongseo Co. Ltd.		3,213		121,616
Jeil Pharmaceutical Co.^b		1,694		82,450
Jenax Inc.^a,b		3,697		87,124
Jusung Engineering Co. Ltd.^a		10,896		86,120
JW Holdings Corp.		9,343		68,651
JW Pharmaceutical Corp.^b		2,881		120,509
JW Shinyak Corp.		9,389		59,191
KB Insurance Co. Ltd.		11,321		275,508
KC Tech Co. Ltd.		7,691		88,814
KEPCO Engineering & Construction Co. Inc.^b		3,581		71,525
KH Vatec Co. Ltd.^b		6,020		65,398
KIWOOM Securities Co. Ltd.		3,011		164,838
Koh Young Technology Inc.		4,197		152,579
Kolmar BNH Co. Ltd.		4,246		61,018
Kolon Corp.		1,617		71,095
Kolon Industries Inc.		4,010		239,766
Kolon Life Science Inc.		1,153		124,665
Komipharm International Co. Ltd.^a		8,081		241,936
KONA I Co. Ltd.^b		4,784		54,631


Security	Shares		Value
Korea Electric Terminal Co. Ltd.		1,842	$	118,646
Korea Kolmar Co. Ltd.		3,563		205,420
Korea Kolmar Holdings Co. Ltd.^b		2,521		60,812
Korea PetroChemical Ind. Co. Ltd.		716		137,192
Korea REIT Co. Ltd.^b		48,752		123,647
Korean Reinsurance Co.		28,106		275,278
KT Skylife Co. Ltd.		8,056		123,695
Kumho Tire Co. Inc.^a		31,107		222,449
Kyung Dong Navien Co. Ltd.		1,645		67,612
Leaders Cosmetics Co. Ltd.^a,b		3,759		63,505
LEENO Industrial Inc.		3,903		140,055
LF Corp.		8,247		155,903
LG Hausys Ltd.^b		1,691		130,183
LG International Corp.		7,393		190,667
LG Life Sciences Ltd.^a		3,121		155,109
Lock&Lock Co. Ltd.^b		7,620		87,343
Loen Entertainment Inc.^a		2,003		127,474
LOTTE Fine Chemical Co. Ltd.		5,184		122,832
Lotte Food Co. Ltd.		216		121,021
LOTTE Himart Co. Ltd.		2,749		107,580
LS Corp.		4,278		222,856
LS Industrial Systems Co. Ltd.		3,902		129,839
Lutronic Corp.^b		2,331		63,806
Macrogen Inc.^a		3,649		99,571
Mando Corp.		1,619		346,914
Medipost Co. Ltd.^a,b		2,312		104,619
Medy-Tox Inc.		994		279,056
Meritz Financial Group Inc.		15,093		147,179
Meritz Fire & Marine Insurance Co. Ltd.		18,526		261,476
Meritz Securities Co. Ltd.		68,778		208,561
Muhak Co. Ltd.		4,903		92,058
Namhae Chemical Corp.		16,062		110,739
Namyang Dairy Products Co. Ltd.		187		115,490
Naturalendo Tech Co. Ltd.^a,b		4,436		65,266
Nexen Tire Corp.		11,869		135,031
NHN Entertainment Corp.^a		3,102		124,048
NHN KCP Corp.^b		4,962		64,092
NICE Holdings Co. Ltd.		5,487		77,678
NICE Information Service Co. Ltd.		11,627		67,631
NongShim Co. Ltd.		805		224,137
NS Shopping Co. Ltd.^a		596		79,021
NUTRIBIOTECH Co. Ltd.^a,b		1,645		77,392


Security	Shares		Value
Osstem Implant Co. Ltd.^a,b		3,234	$	156,299
Paradise Co. Ltd.		11,586		132,802
Partron Co. Ltd.		10,865		83,645
Peptron Inc.^a,b		1,945		61,059
Poongsan Corp.		6,059		201,094
POSCO Chemtech Co. Ltd.		11,208		117,444
POSCO ICT Co. Ltd.^a		23,571		110,087
S&T Dynamics Co. Ltd.		12,381		96,163
S&T Motiv Co. Ltd.		3,473		124,625
Samsung Engineering Co. Ltd.^a,b		33,212		269,321
Samyang Corp.		975		94,660
Samyang Holdings Corp.		884		92,631
Schnell Biopharmaceuticals Inc.^a,b		20,820		64,826
Seah Besteel Corp.		4,649		98,026
Seegene Inc.^a,b		4,863		134,153
Seoul Semiconductor Co. Ltd.		10,574		132,056
SFA Engineering Corp.		2,909		147,808
SK Chemicals Co. Ltd.		4,311		227,526
SK Materials Co. Ltd.		1,444		188,984
SK Securities Co. Ltd.^a,b		130,298		113,685
SKC Co. Ltd.		5,410		140,219
SM Entertainment Co.^a,b		5,595		119,409
Soulbrain Co. Ltd.		2,606		116,362
SPC Samlip Co. Ltd.^b		625		88,213
Ssangyong Cement Industrial Co. Ltd.^a		7,553		108,218
Sung Kwang Bend Co. Ltd.^b		10,475		77,237
Sungwoo Hitech Co. Ltd.		15,592		102,164
Taekwang Industrial Co. Ltd.		156		118,229
Taewoong Co. Ltd.^a,b		4,083		76,837
Tongyang Inc.^b		56,201		142,780
Tongyang Life Insurance Co. Ltd.^b		12,934		142,722
Toptec Co. Ltd.		6,184		98,654
Vieworks Co. Ltd.		2,680		133,421
ViroMed Co. Ltd.^a		3,128		280,946
Webzen Inc.^a,b		5,819		72,921
WeMade Entertainment Co. Ltd.^a,b		3,797		68,369
WONIK IPS Co. Ltd.^a		6,975		126,786
Woongjin Thinkbig Co. Ltd.^a		10,696		79,873
Youngone Corp.^b		5,595		131,853
Yuanta Securities Korea Co. Ltd.^a		27,508		74,708
Yungjin Pharmaceutical Co. Ltd.^a,b		15,560		111,804

				23,273,583


Security	Shares		Value
TAIWAN — 17.25%
A-DATA Technology Co. Ltd.		65,000	$	110,940
Accton Technology Corp.		112,000		152,857
Advanced Wireless Semiconductor Co.		59,000		88,297
Airtac International Group		24,850		188,287
Ambassador Hotel (The)		228,000		168,105
AmTRAN Technology Co. Ltd.		214,312		147,927
Asia Optical Co. Inc.^a		108,000		103,348
Asia Polymer Corp.		228,252		133,200
ASPEED Technology Inc.		6,000		87,817
Basso Industry Corp.		27,000		62,686
BES Engineering Corp.		705,000		143,553
Bizlink Holding Inc.		23,982		115,497
Cathay Real Estate Development Co. Ltd.		291,300		169,993
Chaun-Choung Technology Corp.		19,000		69,746
Cheng Loong Corp.		564,000		214,997
Cheng Uei Precision Industry Co. Ltd.		141,000		159,257
Chin-Poon Industrial Co. Ltd.		81,000		157,309
China Bills Finance Corp.		375,000		151,774
China Man-Made Fiber Corp.		506,700		133,539
China Petrochemical Development Corp.^a		536,000		158,582
China Steel Chemical Corp.		36,000		125,373
China Synthetic Rubber Corp.		204,460		176,408
Chipbond Technology Corp.		134,000		187,086
Chlitina Holding Ltd.		14,000		62,153
Chong Hong Construction Co. Ltd.		51,424		96,965
Chroma ATE Inc.		78,000		193,330
Chunghwa Precision Test Tech Co. Ltd.		3,000		111,066
Compeq Manufacturing Co. Ltd.		268,000		128,648
Coretronic Corp.		147,400		157,236
CSBC Corp. Taiwan		311,420		130,927
CTCI Corp.		146,000		230,866
D-Link Corp.		443,246		143,238
E Ink Holdings Inc.		196,000		139,899
Egis Technology Inc.^a		14,000		123,647
Elan Microelectronics Corp.		122,000		126,122
Elite Advanced Laser Corp.		34,200		125,005
Elite Material Co. Ltd.		69,000		181,414


Security	Shares		Value
Ennoconn Corp.		10,000	$	141,185
Epistar Corp.^a		211,000		155,240
Eternal Materials Co. Ltd.		222,555		231,123
Everlight Electronics Co. Ltd.		90,000		131,302
Far Eastern Department Stores Ltd.		226,000		114,868
Far Eastern International Bank		768,139		218,346
Faraday Technology Corp.		96,000		88,853
Feng Hsin Steel Co. Ltd.		152,000		216,032
Firich Enterprises Co. Ltd.		52,493		99,475
FLEXium Interconnect Inc.		67,445		180,711
Formosan Rubber Group Inc.		358,300		169,746
General Interface Solution Holding Ltd.		26,000		74,558
Getac Technology Corp.		109,000		138,332
Gigabyte Technology Co. Ltd.		123,000		162,853
Gigastorage Corp.^a		117,400		79,377
Ginko International Co. Ltd.		11,000		100,257
Gintech Energy Corp.^a		127,584		69,650
Global Unichip Corp.		46,000		110,551
Gloria Material Technology Corp.		284,850		158,632
Goldsun Building Materials Co. Ltd.		610,000		131,098
Gourmet Master Co. Ltd.		14,700		122,450
Grand Pacific Petrochemical		230,000		152,982
Grape King Bio Ltd.		25,000		187,463
Great Wall Enterprise Co. Ltd.		174,128		160,891
Greatek Electronics Inc.		104,000		125,624
Green Energy Technology Inc.^a		129,125		62,186
HannStar Display Corp.^a		549,320		155,457
Ho Tung Chemical Corp.^a		596,524		147,854
Holy Stone Enterprise Co. Ltd.		192,500		191,757
Hota Industrial Manufacturing Co. Ltd.		46,000		176,795
Huaku Development Co. Ltd.		101,080		187,426
Huang Hsiang Construction Corp.		50,000		65,573
Hung Sheng Construction Ltd.		218,000		122,772
International Games System Co. Ltd.		14,000		86,092
Iron Force Industrial Co. Ltd.		13,000		70,969
ITEQ Corp.		124,600		129,201
Jih Sun Financial Holdings Co. Ltd.		442,690		93,058
Kenda Rubber Industrial Co. Ltd.		146,341		213,040


Security	Shares		Value
Kerry TJ Logistics Co. Ltd.		107,000	$	147,711
Kindom Construction Corp.		244,000		153,873
King Slide Works Co. Ltd.		14,000		160,104
King Yuan Electronics Co. Ltd.		271,000		224,041
King’s Town Bank Co. Ltd.		221,000		187,905
Kinpo Electronics		355,000		126,416
Kinsus Interconnect Technology Corp.		64,000		142,767
Land Mark Optoelectronics Corp.		12,400		104,653
LCY Chemical Corp.		112,000		132,300
Lealea Enterprise Co. Ltd.		738,590		187,005
Li Cheng Enterprise Co. Ltd.		14,000		52,270
Lien Hwa Industrial Corp.		208,814		144,132
Makalot Industrial Co. Ltd.		39,559		155,764
Masterlink Securities Corp.		457,121		120,186
Medigen Biotechnology Corp.^a		10,397		22,508
Mercuries & Associates Holding Ltd.		274,225		191,432
Merry Electronics Co. Ltd.		37,000		141,044
Microbio Co. Ltd.^a		177,727		124,626
Mitac Holdings Corp.		142,379		144,956
Motech Industries Inc.^a		97,000		81,866
Nan Kang Rubber Tire Co. Ltd.		142,000		130,537
Neo Solar Power Corp.^a		205,364		95,359
Pan-International Industrial Corp.		120,722		89,577
Parade Technologies Ltd.		15,000		158,363
PChome Online Inc.		21,360		193,676
PharmaEngine Inc.		16,798		107,777
PharmaEssentia Corp.^a		14,000		79,723
Pixart Imaging Inc.		50,635		101,991
Poya International Co. Ltd.		13,251		165,882
President Securities Corp.		245,390		86,999
Primax Electronics Ltd.		103,000		148,006
Prince Housing & Development Corp.		420,917		142,625
Qisda Corp.		388,000		187,469
Radiant Opto-Electronics Corp.		100,000		182,600
Radium Life Tech Co. Ltd.^a		514,707		158,580
Ritek Corp.^a		540,260		86,447
Sanyang Motor Co. Ltd.		184,820		122,061
ScinoPharm Taiwan Ltd.		56,720		70,293
Senao International Co. Ltd.		59,000		95,331
Sercomm Corp.		74,000		188,988
Shin Zu Shing Co. Ltd.		38,000		99,790


Security	Shares		Value
Shining Building Business Co. Ltd.^a		328,008	$	116,289
Shinkong Synthetic Fibers Corp.		540,135		154,213
Silergy Corp.		12,000		183,164
Sino-American Silicon Products Inc.		151,000		137,389
Sinyi Realty Inc.		126,105		126,410
Sitronix Technology Corp.		33,000		115,443
Soft-World International Corp.		50,140		98,792
Solar Applied Materials Technology Co.^a		130,799		30,522
St. Shine Optical Co. Ltd.		11,000		210,523
Sunny Friend Environmental Technology Co. Ltd.		23,000		83,346
TA Chen Stainless Pipe		276,325		159,520
Taichung Commercial Bank Co. Ltd.		688,388		198,484
Tainan Spinning Co. Ltd.		327,190		126,265
Taiwan Hon Chuan Enterprise Co. Ltd.		106,004		180,925
Taiwan Paiho Ltd.		55,050		167,362
Taiwan Secom Co. Ltd.		90,450		246,891
Taiwan Shin Kong Security Co. Ltd.		212,640		263,523
Taiwan Surface Mounting Technology Corp.		214,633		173,737
Taiwan TEA Corp.		321,000		144,522
Tatung Co. Ltd.^a		570,000		175,973
Ton Yi Industrial Corp.		294,000		125,909
Tong Hsing Electronic Industries Ltd.		39,000		116,243
Tong Yang Industry Co. Ltd.		90,133		192,296
Toung Loong Textile Manufacturing		34,000		82,032
TPK Holding Co. Ltd.^a		67,000		113,303
Tripod Technology Corp.		110,000		251,937
TSRC Corp.		141,000		142,668
TTY Biopharm Co. Ltd.		49,450		150,958
Tung Ho Steel Enterprise Corp.		264,000		180,567
Tung Thih Electronic Co. Ltd.		15,000		129,420
TWi Pharmaceuticals Inc.^a		17,000		55,203
TXC Corp.		106,000		136,520
Unimicron Technology Corp.		347,000		130,099
UPC Technology Corp.		391,661		152,373


Security	Shares		Value
USI Corp.		229,950	$	114,351
Visual Photonics Epitaxy Co. Ltd.		76,425		110,299
Voltronic Power Technology Corp.		12,077		158,195
Wah Lee Industrial Corp.		128,000		184,733
Walsin Lihwa Corp.		699,000		293,873
Walsin Technology Corp.		102,200		115,112
Waterland Financial Holdings Co. Ltd.		601,469		153,986
Win Semiconductors Corp.		82,736		235,439
Winbond Electronics Corp.		649,000		201,584
Wistron NeWeb Corp.		58,009		171,626
WT Microelectronics Co. Ltd.		112,168		158,365
Yageo Corp.		97,210		181,470
Yeong Guan Energy Technology Group Co. Ltd.		23,601		79,230
YFY Inc.		573,000		172,765
Yieh Phui Enterprise Co. Ltd.^a		321,625		124,117
YungShin Global Holding Corp.		140,200		203,660
Yungtay Engineering Co. Ltd.		118,000		165,303
Zinwell Corp.		98,000		95,777

				23,791,212
THAILAND — 3.83%
Amata Corp. PCL NVDR		346,200		105,763
Bangchak Petroleum PCL (The) NVDR		126,400		116,022
Bangkok Airways PCL^b		179,000		121,409
Bangkok Chain Hospital PCL NVDR		390,100		154,162
Bangkok Land PCL NVDR^b		3,341,000		162,932
Beauty Community PCL^b		485,200		149,587
CH Karnchang PCL NVDR^b		155,300		137,108
Chularat Hospital PCL NVDR		1,613,000		131,103
Esso Thailand PCL NVDR^a		382,300		141,436
Group Lease PCL		89,700		145,815
Gunkul Engineering PCL NVDR^b		813,500		115,141
Hana Microelectronics PCL NVDR^b		163,800		142,317
Italian-Thai Development PCL NVDR^a,b		640,100		90,599
Jasmine International PCL NVDR		487,900		103,926
Khon Kaen Sugar Industry PCL NVDR		902,330		101,160
Kiatnakin Bank PCL NVDR^b		121,032		187,419


Security	Shares		Value
Krungthai Card PCL NVDR		32,400	$	132,580
LPN Development PCL NVDR^b		312,700		87,641
Major Cineplex Group PCL NVDR		98,400		88,252
PTG Energy PCL		130,300		117,776
Quality Houses PCL NVDR		1,599,667		113,879
Samart Corp. PCL NVDR^b		205,400		74,263
Siam Global House PCL NVDR^b		315,119		150,143
Sino-Thai Engineering & Construction PCL NVDR^b		211,928		172,253
Sri Trang Agro-Industry PCL NVDR^b		318,000		148,842
Srisawad Power 1979 PCL NVDR^b		162,335		186,542
Supalai PCL NVDR^b		277,400		177,265
Superblock PCL^a,b		2,870,400		126,306
surGlobal Power Synergy Co. Ltd. NVDR		147,300		150,687
Thai Airways International PCL NVDR^a,b		154,700		106,661
Thai Vegetable Oil PCL NVDR		151,300		165,381
Thaicom PCL NVDR		134,400		75,714
Thanachart Capital PCL NVDR		168,800		208,164
Tisco Financial Group PCL NVDR		103,140		156,100
TTW PCL NVDR^b		561,400		169,933
U City PCL NVDR^a		181,314,100		152,452
VGI Global Media PCL NVDR^b		858,700		122,742
Vibhavadi Medical Center PCL NVDR		1,683,200		135,866
WHA Corp. PCL NVDR^a,b		1,913,000		160,849

				5,286,190
TURKEY — 1.05%
Akcansa Cimento AS		36,640		133,788
Aksa Akrilik Kimya Sanayii AS		34,511		89,981
Bizim Toptan Satis Magazalari AS^b		32,675		99,108
Cimsa Cimento Sanayi VE Ticaret AS		35,400		152,800
Dogan Sirketler Grubu Holding AS^a,b		317,664		64,852
Dogus Otomotiv Servis ve Ticaret AS^b		22,581		55,847
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class D^b		219,611		65,970


Security	Shares		Value
Koza Altin Isletmeleri AS^a		14,056	$	64,074
NET Holding AS^a,b		143,885		129,248
Otokar Otomotiv Ve Savunma Sanayi AS^b		3,639		130,753
Sekerbank TAS^a,b		208,743		66,967
Tekfen Holding AS		48,254		85,424
Trakya Cam Sanayii AS^b		130,818		107,209
Turkiye Sinai Kalkinma Bankasi AS^b		265,576		96,818
Vestel Elektronik Sanayi ve Ticaret AS^a,b		26,703		46,649
Yazicilar Holding AS^b		16,354		58,380

				1,447,868
UNITED ARAB EMIRATES — 0.82%
Agthia Group PJSC		42,638		71,395
Air Arabia PJSC		535,131		185,038
Al Waha Capital PJSC		239,025		115,841
Amanat Holdings PJSC		451,859		110,724
Amlak Finance PJSC^a		171,141		56,847
Arabtec Holding PJSC^a		503,740		178,298
Dana Gas PJSC^a		841,433		126,003
Deyaar Development PJSC^a		654,711		98,041
Eshraq Properties Co. PJSC^a		340,073		91,665
Orascom Construction Ltd.^a		16,936		91,285

				1,125,137

TOTAL COMMON STOCKS
(Cost: $145,264,998)				135,918,407

PREFERRED STOCKS — 1.04%

BRAZIL — 0.99%
Alpargatas SA		36,500		110,606
Banco ABC Brasil SA		24,445		99,731
Banco do Estado do Rio Grande do Sul SA Class B		38,100		126,831
Bradespar SA		46,500		205,521
Cia de Saneamento do Parana		21,552		71,362
Cia. Energetica de Sao Paulo Class B		43,100		166,793
Eletropaulo Metropolitana Eletricidade de Sao Paulo SA		25,100		65,004
Marcopolo SA		126,500		98,732
Metalurgica Gerdau SA		136,800		236,190


Security	Shares		Value
Randon SA Implemetos e Participacoes		66,325	$	69,609
Usinas Siderurgicas de Minas Gerais SA Class A		91,500		112,262

				1,362,641
COLOMBIA — 0.05%
Avianca Holdings SA		81,544		71,510

				71,510

TOTAL PREFERRED STOCKS
(Cost: $1,413,532)				1,434,151

RIGHTS — 0.02%

BRAZIL — 0.00%
Marcopolo SA^a		3,919		12

				12
CHINA — 0.02%
MMG Ltd.^a		256,000		21,452

				21,452
SOUTH AFRICA — 0.00%
KAP Industrial Holdings Ltd.^a		27,076		39

				39
SOUTH KOREA — 0.00%
Cosmax Inc.^a,b		148		2,513
Lutronic Corp.^a		72		317
Lutronic Corp. New^a,b		342		—

				2,830

TOTAL RIGHTS
(Cost: $0)				24,333

WARRANTS — 0.00%

THAILAND — 0.00%
Group Lease PCL (Expires 07/31/18)^a		8,100		4,654

				4,654

TOTAL WARRANTS
(Cost: $0)				4,654


Security	Shares		Value
SHORT-TERM INVESTMENTS — 12.28%

MONEY MARKET FUNDS — 12.28%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^e,f,g		16,929,007	$	16,934,086

				16,934,086

TOTAL SHORT-TERM INVESTMENTS
(Cost: $16,929,213)				16,934,086


TOTAL INVESTMENTS IN SECURITIES — 111.91%
(Cost: $163,607,743)^h				154,315,631
Other Assets, Less Liabilities — (11.91)%				(16,419,740	)

NET ASSETS — 100.00%			$	137,895,891

ADR — American Depositary Receipts

CPO — Certificates of Participation (Ordinary)

GDR — Global Depositary Receipts

NVDR — Non-Voting Depositary Receipts

^a	Non-income earning security.

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

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

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

^e	Affiliated money market fund.

^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.

^h	The cost of investments for federal income tax purposes was $165,601,554. Net unrealized depreciation was $11,285,923, of which $9,864,817 represented gross unrealized appreciation on securities and $21,150,740 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 97.73%

AUSTRIA — 0.66%
Andritz AG		141,452	$	7,304,543
Erste Group Bank AG		572,940		15,948,005
IMMOEAST AG Escrow^a		105,078		1
IMMOFINANZ AG Escrow^a		68,575		1
OMV AG		284,859		9,214,929
Raiffeisen Bank International AG^a		224,686		4,095,991
Voestalpine AG		218,229		8,277,185

				44,840,655
BELGIUM — 3.95%
Ageas		375,669		14,033,515
Anheuser-Busch InBev SA/NV		1,458,573		151,692,768
Colruyt SA		129,563		6,553,845
Groupe Bruxelles Lambert SA		153,863		12,641,221
KBC Group NV		480,065		28,813,525
Proximus SADP		291,452		8,247,168
Solvay SA		141,484		16,171,787
Telenet Group Holding NV^a		101,472		5,362,698
UCB SA		241,565		15,554,502
Umicore SA		183,049		10,976,901

				270,047,930
FINLAND — 3.12%
Elisa OYJ		272,779		8,570,958
Fortum OYJ		852,632		12,391,264
Kone OYJ Class B		645,942		28,477,540
Metso OYJ		214,470		6,074,509
Neste OYJ^b		246,271		10,123,213
Nokia OYJ		11,159,266		48,061,251
Nokian Renkaat OYJ		219,525		7,936,280
Orion OYJ Class B		196,929		8,381,158
Sampo OYJ Class A		856,008		37,874,893
Stora Enso OYJ Class R		1,054,088		10,180,995
UPM-Kymmene OYJ		1,021,507		23,406,070
Wartsila OYJ Abp		282,801		11,930,810

				213,408,941
FRANCE — 33.03%
Accor SA		329,735		11,693,239
Aeroports de Paris		57,745		5,685,158
Air Liquide SA		745,684		76,001,335
Airbus Group SE		1,110,202		70,980,099
Alstom SA^a		294,132		7,975,107


Security	Shares		Value
ArcelorMittal^a		3,525,709	$	26,659,227
Arkema SA		128,920		12,360,215
Atos SE		168,737		17,457,496
AXA SA		3,718,609		87,690,669
BNP Paribas SA		2,028,941		117,902,998
Bollore SA		1,650,782		5,421,558
Bouygues SA		395,074		13,411,021
Bureau Veritas SA		512,250		9,650,689
Capgemini SA		312,524		24,698,641
Carrefour SA		1,074,359		25,209,716
Casino Guichard Perrachon SA		107,404		4,891,192
Christian Dior SE		104,033		20,250,726
Cie. de Saint-Gobain		949,273		41,211,006
Cie. Generale des Etablissements Michelin Class B		349,803		37,478,164
CNP Assurances		319,906		5,623,132
Credit Agricole SA		2,128,226		24,043,670
Danone SA		1,127,939		71,025,273
Dassault Aviation SA		3,670		4,011,876
Dassault Systemes		246,103		18,801,973
Edenred		400,477		8,451,911
Eiffage SA		110,875		7,325,135
Electricite de France SA		492,100		5,217,585
Engie SA		2,809,789		34,724,263
Essilor International SA		394,436		41,883,602
Eurazeo SA		80,878		4,392,723
Eurofins Scientific SE		20,237		8,864,965
Eutelsat Communications SA		332,679		5,994,105
Fonciere des Regions		62,389		4,906,089
Gecina SA		78,049		10,258,221
Groupe Eurotunnel SE Registered		898,352		7,909,664
Hermes International		50,800		20,984,231
ICADE		69,510		4,807,600
Iliad SA		50,893		9,690,717
Imerys SA		68,690		4,790,961
Ingenico Group SA		105,284		8,211,099
JCDecaux SA		144,675		3,775,392
Kering		145,556		31,653,182
Klepierre		422,784		15,780,091
L’Oreal SA		483,522		82,605,768
Lagardere SCA		228,784		5,646,276
Legrand SA		512,162		28,659,144


Security	Shares		Value
LVMH Moet Hennessy Louis Vuitton SE		534,308	$	97,318,493
Natixis SA		1,798,371		9,065,445
Orange SA		3,804,313		55,509,874
Pernod Ricard SA		406,739		42,715,394
Peugeot SA^a		927,026		13,688,774
Publicis Groupe SA		365,208		23,721,270
Remy Cointreau SA		43,222		3,632,687
Renault SA		368,553		29,064,035
Rexel SA		580,792		8,988,957
Safran SA		600,154		41,235,380
Sanofi		2,218,436		179,110,906
Schneider Electric SE		1,072,223		71,452,340
SCOR SE		306,123		9,730,690
SEB SA		40,086		5,387,692
SES SA		695,931		15,056,475
SFR Group SA		175,196		4,430,613
Societe BIC SA		55,775		7,221,223
Societe Generale SA		1,471,445		63,349,470
Sodexo SA		178,666		19,559,377
STMicroelectronics NV		1,220,064		12,455,800
Suez		635,532		8,882,218
Technip SA		210,942		14,625,425
Thales SA		203,096		19,848,873
Total SA		4,305,964		205,343,897
Unibail-Rodamco SE		190,723		42,132,913
Valeo SA		458,184		25,570,642
Veolia Environnement SA		903,698		15,630,668
Vinci SA		964,482		62,645,775
Vivendi SA		2,025,127		38,647,093
Wendel SA		55,788		6,462,445
Zodiac Aerospace		389,318		8,639,718

				2,257,791,466
GERMANY — 27.99%
adidas AG		360,376		53,137,861
Allianz SE Registered		874,231		138,922,125
Axel Springer SE		82,647		3,548,083
BASF SE		1,757,588		151,001,716
Bayer AG Registered		1,582,308		148,699,370
Bayerische Motoren Werke AG		632,655		53,964,780
Beiersdorf AG		192,180		15,713,875
Brenntag AG		296,212		15,605,816
Commerzbank AG		2,026,268		14,128,431


Security	Shares		Value
Continental AG		209,969	$	37,285,849
Covestro AG^c		135,516		8,715,886
Daimler AG Registered		1,841,476		122,597,722
Deutsche Bank AG Registered^a		2,636,369		41,558,361
Deutsche Boerse AG^a		369,095		29,854,611
Deutsche Lufthansa AG Registered^b		453,379		5,879,544
Deutsche Post AG Registered		1,858,439		58,137,518
Deutsche Telekom AG Registered		6,251,679		98,581,401
Deutsche Wohnen AG Bearer		647,009		19,945,243
E.ON SE		3,832,421		25,315,440
Evonik Industries AG		310,281		8,659,831
Fraport AG Frankfurt Airport Services Worldwide		80,014		4,651,360
Fresenius Medical Care AG & Co. KGaA		411,881		32,157,552
Fresenius SE & Co. KGaA		784,638		56,391,291
GEA Group AG		350,201		13,065,413
Hannover Rueck SE		115,859		12,308,755
HeidelbergCement AG		283,160		25,414,818
Henkel AG & Co. KGaA		198,106		20,189,187
HOCHTIEF AG		39,514		5,625,186
HUGO BOSS AG		128,201		7,357,361
Infineon Technologies AG		2,166,800		36,270,975
Innogy SE^a,c		265,879		9,396,308
K+S AG Registered^b		366,159		7,436,327
Lanxess AG		174,676		10,782,389
Linde AG		355,631		59,304,214
MAN SE		67,128		6,626,744
Merck KGaA		247,771		24,848,460
METRO AG		340,599		10,187,060
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen Registered		308,150		56,175,263
Osram Licht AG		170,451		8,685,419
ProSiebenSat.1 Media SE Registered		443,599		15,215,871
QIAGEN NV^a		425,051		11,745,788
RTL Group SA^a		73,910		5,026,462
RWE AG^a		937,287		11,792,087
SAP SE		1,880,446		157,347,980
Siemens AG Registered		1,463,964		165,546,882


Security	Shares		Value
Symrise AG		236,252	$	14,312,683
Telefonica Deutschland Holding AG		1,411,644		5,543,640
ThyssenKrupp AG		705,811		16,037,671
United Internet AG Registered^d		235,561		9,022,027
Volkswagen AG		62,336		8,543,481
Vonovia SE		893,565		28,844,400
Zalando SE^a,b,c		166,352		6,205,433

				1,913,311,950
IRELAND — 1.55%
Bank of Ireland^a		52,555,109		11,205,840
CRH PLC		1,579,638		52,775,528
Irish Bank Resolution Corp. Ltd.^a		446,666		5
Kerry Group PLC Class A		307,616		21,807,897
Paddy Power Betfair PLC		154,708		16,165,249
Ryanair Holdings PLC^a		42,432		616,662
Ryanair Holdings PLC ADR^a		43,351		3,461,144

				106,032,325
ITALY — 6.13%
Assicurazioni Generali SpA		2,234,956		28,260,422
Atlantia SpA		792,807		17,627,558
CNH Industrial NV		1,942,694		16,568,907
Enel SpA		14,632,886		59,203,050
Eni SpA		4,861,335		67,761,704
EXOR SpA		211,005		8,866,067
Ferrari NV		235,252		12,902,007
Fiat Chrysler Automobiles NV^b		1,716,150		13,271,383
Intesa Sanpaolo SpA		24,228,834		53,871,268
Leonardo-Finmeccanica SpA^a		787,352		10,231,479
Luxottica Group SpA		324,770		16,915,732
Mediobanca SpA		1,087,631		7,510,969
Poste Italiane SpA^c		977,161		6,079,496
Prysmian SpA		377,724		9,043,562
Saipem SpA^a		11,590,999		5,214,618
Snam SpA		4,702,159		18,226,331
Telecom Italia SpA/Milano^a,b		19,516,095		14,771,354
Tenaris SA		901,309		14,408,553
Terna Rete Elettrica Nazionale SpA		2,896,203		12,571,816
UniCredit SpA		10,020,290		21,492,891
UnipolSai SpA		2,150,144		4,105,570

				418,904,737


Security	Shares		Value
NETHERLANDS — 10.72%
ABN AMRO Group NV^c		539,832	$	11,682,134
Aegon NV		3,500,472		17,816,412
AerCap Holdings NV^a		307,385		13,171,447
Akzo Nobel NV		474,615		29,583,983
Altice NV Class A^a,b		706,952		12,186,436
Altice NV Class B^a		208,966		3,634,297
ASML Holding NV		704,804		72,986,169
Boskalis Westminster		171,036		5,343,259
Gemalto NV^b		153,306		7,825,610
Heineken Holding NV		192,784		13,556,651
Heineken NV		440,403		33,038,926
ING Groep NV		7,419,985		101,143,868
Koninklijke Ahold Delhaize NV		2,450,480		48,376,109
Koninklijke DSM NV		347,919		21,118,322
Koninklijke KPN NV		6,542,637		18,871,023
Koninklijke Philips NV		1,809,834		52,105,311
Koninklijke Vopak NV		135,401		6,334,230
NN Group NV		604,541		19,450,536
NXP Semiconductors NV^a		562,671		55,788,830
Randstad Holding NV		228,736		11,625,030
RELX NV		1,903,406		30,771,581
Unilever NV CVA		3,115,827		125,187,043
Wolters Kluwer NV		578,099		20,862,672

				732,459,879
PORTUGAL — 0.48%
EDP — Energias de Portugal SA		4,430,120		12,815,455
Galp Energia SGPS SA		894,021		12,106,035
Jeronimo Martins SGPS SA		492,567		7,790,698

				32,712,188
SPAIN — 9.90%
Abertis Infraestructuras SA		1,228,974		16,433,079
ACS Actividades de Construccion y Servicios SA		365,965		10,786,570
Aena SA^c		129,120		17,135,005
Amadeus IT Holding SA Class A		839,723		38,089,665
Banco Bilbao Vizcaya Argentaria SA		12,588,874		77,802,002
Banco de Sabadell SA		10,114,281		12,628,300
Banco Popular Espanol SA		6,372,294		5,590,295
Banco Santander SA		27,942,587		127,843,742


Security	Shares		Value
Bankia SA		8,841,894	$	7,888,142
Bankinter SA		1,297,762		9,763,312
CaixaBank SA		6,233,432		18,137,876
Distribuidora Internacional de Alimentacion SA^b		1,200,886		5,485,411
Enagas SA		428,279		10,562,899
Endesa SA		603,336		12,483,564
Ferrovial SA		953,297		16,913,277
Gas Natural SDG SA		666,392		11,416,572
Grifols SA		572,320		11,231,663
Iberdrola SA		10,341,421		62,299,633
Industria de Diseno Textil SA		2,087,273		71,462,616
International Consolidated Airlines Group SA		1,618,181		8,787,101
Mapfre SA		2,088,881		6,270,953
Red Electrica Corp. SA		825,969		14,719,953
Repsol SA		2,115,833		28,280,386
Telefonica SA		8,568,975		71,374,416
Zardoya Otis SA^b		372,956		2,915,805

				676,302,237
UNITED KINGDOM — 0.20%
Coca-Cola European Partners PLC		415,501		13,817,931

				13,817,931

TOTAL COMMON STOCKS
(Cost: $8,380,230,957)				6,679,630,239

PREFERRED STOCKS — 1.87%

GERMANY — 1.71%
Bayerische Motoren Werke AG		106,071		7,622,111
Fuchs Petrolub SE		133,427		5,292,155
Henkel AG & Co. KGaA		341,100		39,548,980
Porsche Automobil Holding SE		293,167		14,874,722
Schaeffler AG		315,565		4,094,008
Volkswagen AG		354,703		45,829,546

				117,261,522
ITALY — 0.16%
Intesa Sanpaolo SpA		1,831,617		3,802,410
Telecom Italia SpA/Milano		11,377,219		7,108,612

				10,911,022

TOTAL PREFERRED STOCKS
(Cost: $197,228,808)				128,172,544


Security	Shares		Value
RIGHTS — 0.05%

SPAIN — 0.05%
CaixaBank SA^a		6,353,352	$	262,846
Telefonica SA^a		8,581,506		2,867,526

				3,130,372

TOTAL RIGHTS
(Cost: $3,399,395)				3,130,372

SHORT-TERM INVESTMENTS — 1.10%

MONEY MARKET FUNDS — 1.10%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^e,f,g		69,755,417		69,776,343
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^e,f		5,452,549		5,452,549

				75,228,892

TOTAL SHORT-TERM INVESTMENTS
(Cost: $75,217,561)				75,228,892


TOTAL INVESTMENTS IN SECURITIES — 100.75%
(Cost: $8,656,076,721)^h				6,886,162,047
Other Assets, Less Liabilities — (0.75)%				(51,130,203	)

NET ASSETS — 100.00%			$	6,835,031,844

ADR — American Depositary Receipts

^a	Non-income earning security.

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

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

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

^e	Affiliated money market fund.

^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.

^h	The cost of investments for federal income tax purposes was $8,821,205,054. Net unrealized depreciation was $1,935,043,007, of which $93,764,111 represented gross unrealized appreciation on securities and $2,028,807,118 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 99.86%

AEROSPACE & DEFENSE — 6.40%
Airbus Group SE		136,164	$	8,705,565
Dassault Aviation SA		480		524,714
Safran SA		73,528		5,051,962
Thales SA		24,894		2,432,927
Zodiac Aerospace		47,742		1,059,487

				17,774,655
AIR FREIGHT & LOGISTICS — 0.24%
Bollore SA		205,803		675,906

				675,906
AUTO COMPONENTS — 2.78%
Cie. Generale des Etablissements Michelin Class B		42,848		4,590,768
Valeo SA		56,045		3,127,797

				7,718,565
AUTOMOBILES — 1.89%
Peugeot SA^a		114,075		1,684,469
Renault SA		45,185		3,563,283

				5,247,752
BANKS — 9.48%
BNP Paribas SA		249,071		14,473,667
Credit Agricole SA		263,010		2,971,360
Natixis SA		221,423		1,116,176
Societe Generale SA		180,377		7,765,691

				26,326,894
BEVERAGES — 2.04%
Pernod Ricard SA		49,925		5,243,082
Remy Cointreau SA		5,142		432,171

				5,675,253
BUILDING PRODUCTS — 1.83%
Cie. de Saint-Gobain		117,396		5,096,539

				5,096,539
CHEMICALS — 3.90%
Air Liquide SA		91,392		9,314,823
Arkema SA		15,993		1,533,330

				10,848,153
COMMERCIAL SERVICES & SUPPLIES — 0.69%
Edenred		49,396		1,042,483
Societe BIC SA		6,774		877,034

				1,919,517


Security	Shares		Value
CONSTRUCTION & ENGINEERING — 3.71%
Bouygues SA		48,752	$	1,654,915
Eiffage SA		13,859		915,617
Vinci SA		119,018		7,730,549

				10,301,081
CONSTRUCTION MATERIALS — 0.21%
Imerys SA		8,428		587,833

				587,833
DIVERSIFIED FINANCIAL SERVICES — 0.46%
Eurazeo SA		9,346		507,609
Wendel SA		6,670		772,648

				1,280,257
DIVERSIFIED TELECOMMUNICATION SERVICES — 3.08%
Iliad SA		6,218		1,183,992
Orange SA		469,011		6,843,480
SFR Group SA		20,796		525,920

				8,553,392
ELECTRIC UTILITIES — 0.23%
Electricite de France SA		61,007		646,838

				646,838
ELECTRICAL EQUIPMENT — 4.43%
Legrand SA		62,799		3,514,055
Schneider Electric SE		132,147		8,806,202

				12,320,257
ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS — 0.37%
Ingenico Group SA		13,001		1,013,948

				1,013,948
ENERGY EQUIPMENT & SERVICES — 0.65%
Technip SA		25,908		1,796,302

				1,796,302
EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) — 3.45%
Fonciere des Regions		8,016		630,355
Gecina SA		9,688		1,273,324
ICADE		8,721		603,180
Klepierre		51,761		1,931,940
Unibail-Rodamco SE		23,352		5,158,726

				9,597,525
FOOD & STAPLES RETAILING — 1.34%
Carrefour SA		132,748		3,114,917
Casino Guichard Perrachon SA		13,189		600,629

				3,715,546


Security	Shares		Value
FOOD PRODUCTS — 3.15%
Danone SA		138,781	$	8,738,911

				8,738,911
HEALTH CARE EQUIPMENT & SUPPLIES — 1.86%
Essilor International SA		48,710		5,172,323

				5,172,323
HOTELS, RESTAURANTS & LEISURE — 1.37%
Accor SA		40,170		1,424,530
Sodexo SA		21,702		2,375,816

				3,800,346
HOUSEHOLD DURABLES — 0.25%
SEB SA		5,207		699,838

				699,838
INSURANCE — 4.57%
AXA SA		455,914		10,751,172
CNP Assurances		40,421		710,498
SCOR SE		38,430		1,221,569

				12,683,239
IT SERVICES — 1.87%
Atos SE		20,940		2,166,448
Capgemini SA		38,456		3,039,162

				5,205,610
LIFE SCIENCES TOOLS & SERVICES — 0.40%
Eurofins Scientific SE		2,556		1,119,674

				1,119,674
MACHINERY — 0.35%
Alstom SA^a		36,093		978,627

				978,627
MEDIA — 4.10%
Eutelsat Communications SA		41,097		740,473
JCDecaux SA		17,437		455,030
Lagardere SCA		27,786		685,745
Publicis Groupe SA		44,973		2,921,121
SES SA		85,746		1,855,115
Vivendi SA		247,827		4,729,478

				11,386,962
METALS & MINING — 1.18%
ArcelorMittal^a		432,248		3,268,392

				3,268,392


Security	Shares		Value
MULTI-UTILITIES — 2.61%
Engie SA		343,667	$	4,247,146
Suez		77,031		1,076,588
Veolia Environnement SA		111,857		1,934,716

				7,258,450
OIL, GAS & CONSUMABLE FUELS — 9.09%
Total SA		529,281		25,240,486

				25,240,486
PERSONAL PRODUCTS — 3.64%
L’Oreal SA		59,221		10,117,422

				10,117,422
PHARMACEUTICALS — 7.92%
Sanofi		272,691		22,016,381

				22,016,381
PROFESSIONAL SERVICES — 0.42%
Bureau Veritas SA		62,437		1,176,301

				1,176,301
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT — 0.55%
STMicroelectronics NV		149,734		1,528,655

				1,528,655
SOFTWARE — 0.83%
Dassault Systemes		30,255		2,311,446

				2,311,446
TEXTILES, APPAREL & LUXURY GOODS — 7.52%
Christian Dior SE		12,825		2,496,473
Hermes International		6,208		2,564,372
Kering		17,815		3,874,120
LVMH Moet Hennessy Louis Vuitton SE		65,643		11,956,171

				20,891,136
TRADING COMPANIES & DISTRIBUTORS — 0.40%
Rexel SA		71,125		1,100,806

				1,100,806
TRANSPORTATION INFRASTRUCTURE — 0.60%
Aeroports de Paris		6,991		688,284
Groupe Eurotunnel SE Registered		109,989		968,413

				1,656,697

TOTAL COMMON STOCKS
(Cost: $348,557,482)				277,447,915


Security	Shares		Value
SHORT-TERM INVESTMENTS — 0.02%

MONEY MARKET FUNDS — 0.02%
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^b,c		50,324	$	50,324

				50,324

TOTAL SHORT-TERM INVESTMENTS
(Cost: $50,324)				50,324


TOTAL INVESTMENTS IN SECURITIES — 99.88%
(Cost: $348,607,806)^d				277,498,239
Other Assets, Less Liabilities — 0.12%				344,488

NET ASSETS — 100.00%			$	277,842,727

^a	Non-income earning security.

^b	Affiliated money market fund.

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

^d	The cost of investments for federal income tax purposes was $363,379,148. Net unrealized depreciation was $85,880,909, of which $2,461,753 represented gross unrealized appreciation on securities and $88,342,662 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 100.16%

ARGENTINA — 19.29%
Adecoagro SA^a		529,212	$	5,810,748
Arcos Dorados Holdings Inc. Class A^a		699,292		4,125,823
Banco Macro SA ADR		199,260		13,786,799
BBVA Banco Frances SA ADR		231,548		4,040,513
Cresud SACIF y A ADR^a		173,068		2,822,739
Empresa Distribuidora y Comercializadora Norte SA ADR^a		121,104		3,294,029
Globant SA^a,b		138,499		4,744,976
Grupo Financiero Galicia SA ADR		487,112		13,244,575
Grupo Supervielle SA SP ADR^a		175,100		2,489,922
IRSA Inversiones y Representaciones SA ADR^a		107,083		1,954,265
Pampa Energia SA ADR^a		336,933		11,769,070
Telecom Argentina SA ADR		449,375		8,088,750
Transportadora de Gas del Sur SA ADR		443,856		3,435,445
YPF SA ADR		944,544		16,047,802

				95,655,456
BAHRAIN — 1.34%
GFH Financial Group BSC^a		13,753,989		6,628,248

				6,628,248
BANGLADESH — 3.95%
Beximco Pharmaceuticals Ltd.		2,465,314		2,558,462
BRAC Bank Ltd.		554,568		456,785
GrameenPhone Ltd.		889,631		3,175,333
Islami Bank Bangladesh Ltd.		2,231,480		843,128
Lafarge Surma Cement Ltd.		2,889,898		2,780,708
Olympic Industries Ltd.		822,656		3,062,684
Square Pharmaceuticals Ltd.		2,180,567		6,725,704

				19,602,804
JORDAN — 1.56%
Al-Eqbal Investment Co. PLC		1,971		68,500
Arab Bank PLC		589,968		4,986,698
Jordan Petroleum Refinery Co.		551,179		2,655,536

				7,710,734
KAZAKHSTAN — 2.06%
Halyk Savings Bank of Kazakhstan JSC GDR^a,c		402,229		2,248,460
KazMunaiGas Exploration Production JSC GDR^a,c		1,029,023		7,974,928

				10,223,388


Security	Shares		Value
KENYA — 5.91%
Co-operative Bank of Kenya Ltd. (The)		10,500,031	$	1,444,012
East African Breweries Ltd.		2,396,542		5,838,334
Equity Group Holdings Ltd./Kenya		12,269,600		3,615,796
KCB Group Ltd.		14,044,460		4,138,839
Safaricom Ltd.		72,996,800		14,269,512

				29,306,493
KUWAIT — 21.16%
Agility Public Warehousing Co. KSC		3,566,808		6,549,967
Boubyan Bank KSCP		2,850,734		3,692,540
Burgan Bank SAK		3,744,676		3,806,688
Jazeera Airways Co. KSC		577,341		1,514,585
Kuwait Finance House KSCP		13,717,627		22,491,600
Kuwait Projects Co. Holding KSCP		2,401,478		3,937,495
Mabanee Co. SAK		2,416,515		6,497,925
Mezzan Holding Co. KSCC		854,243		2,549,143
Mobile Telecommunications Co. KSC		12,737,122		16,707,161
National Bank of Kuwait SAKP		14,851,388		30,681,667
National Industries Group Holding SAK		5,079,630		1,932,242
VIVA Kuwait Telecom Co.^a		910,159		2,656,309
Warba Bank KSCP^a		2,713,839		1,904,449

				104,921,771
MAURITIUS — 3.62%
MCB Group Ltd.		1,138,708		6,778,777
Rockcastle Global Real Estate Co. Ltd.		4,144,749		10,431,130
SBM Holdings Ltd.		4,025,400		756,091

				17,965,998
MOROCCO — 6.34%
Attijariwafa Bank		260,236		10,151,109
Banque Centrale Populaire		147,975		3,471,503
Cosumar		69,690		1,918,966
Douja Promotion Groupe Addoha SA		790,608		2,829,312
Maroc Telecom		986,784		13,085,643

				31,456,533
NIGERIA — 4.44%
Access Bank PLC		85,218,667		1,476,199
Afriland Properties PLC^a		7,291		51


Security	Shares		Value
Dangote Cement PLC		665,800	$	325,895
FBN Holdings PLC		103,830,966		1,023,063
Guaranty Trust Bank PLC		80,471,984		5,793,307
Lafarge Africa PLC		9,170,826		1,244,658
Nigerian Breweries PLC		20,035,766		6,374,915
Oando PLC^a		29,477,441		355,093
Transnational Corp. of Nigeria PLC^a		133,569,052		297,179
United Bank for Africa PLC		103,145,957		1,409,725
Zenith Bank PLC		84,436,595		3,703,595

				22,003,680
OMAN — 3.97%
Bank Muscat SAOG		5,956,978		6,498,521
Bank Sohar SAOG		6,506,949		2,450,669
Oman Telecommunications Co. SAOG		2,092,498		7,962,363
Ooredoo QSC		1,749,851		2,781,581

				19,693,134
PAKISTAN — 10.82%
Engro Corp. Ltd./Pakistan		1,564,261		4,530,201
Fauji Cement Co. Ltd.		4,110,500		1,535,188
Fauji Fertilizer Co. Ltd.		3,163,350		3,174,968
Habib Bank Ltd.		3,556,100		7,711,979
Hub Power Co. Ltd. (The)		2,889,730		2,923,775
Lucky Cement Ltd.		1,044,198		7,278,356
MCB Bank Ltd.		3,360,666		7,088,096
National Bank of Pakistan		3,314,626		2,233,993
Oil & Gas Development Co. Ltd.		3,827,800		5,150,231
Pakistan Oilfields Ltd.		406,000		1,673,034
Pakistan Petroleum Ltd.		918,650		1,343,030
Pakistan State Oil Co. Ltd.		807,500		3,071,620
United Bank Ltd./Pakistan		2,968,767		5,906,381

				53,620,852
ROMANIA — 4.65%
Banca Transilvania SA		16,324,540		9,043,533
BRD-Groupe Societe Generale SA		1,247,320		3,205,042
OMV Petrom SA^a		27,865,251		1,510,846
Societatea Energetica Electrica SA		984,528		3,133,222
Societatea Nationala de Gaze Naturale ROMGAZ SA		721,687		4,117,121
Transgaz SA Medias		29,007		2,037,738

				23,047,502


Security	Principal or Shares		Value
SLOVENIA — 0.26%
Zavarovalnica Triglav DD		53,409	$	1,308,759

				1,308,759
SRI LANKA — 1.87%
Commercial Bank of Ceylon PLC		2,736,504		2,576,399
Hatton National Bank PLC		658,853		967,677
John Keells Holdings PLC		5,741,759		5,726,314

				9,270,390
VIETNAM — 8.92%
Bank for Foreign Trade of Vietnam JSC		1,781,675		2,767,650
Hoa Phat Group JSC		1,988,510		3,694,452
Masan Group Corp.^a		1,893,790		5,357,102
Saigon Thuong Tin Commercial JSB^a		259,749		85,972
Vietnam Dairy Products JSC		3,928,580		23,925,156
Vingroup JSC^a		4,527,020		8,390,770

				44,221,102

TOTAL COMMON STOCKS
(Cost: $539,854,541)				496,636,844

CONVERTIBLE BONDS — 0.08%

OMAN — 0.08%
Bank Muscat SAOG
0.45%, 03/20/17	OMR	540,521		150,223
0.35%, 03/19/18		1,026,177		258,543

				408,766

TOTAL CONVERTIBLE BONDS
(Cost: $255,878)				408,766

SHORT-TERM INVESTMENTS — 0.69%

MONEY MARKET FUNDS — 0.69%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^d,e,f		3,417,253		3,418,279

				3,418,279

TOTAL SHORT-TERM INVESTMENTS
(Cost: $3,417,253)				3,418,279


Security	Value
TOTAL INVESTMENTS IN SECURITIES — 100.93%
(Cost: $543,527,672)^g	$	500,463,889
Other Assets, Less Liabilities — (0.93)%		(4,619,537	)

NET ASSETS — 100.00%	$	495,844,352

ADR — American Depositary Receipts

GDR — Global Depositary Receipts

Currency abbreviations:

OMR — Omani Rial

^a	Non-income earning security.

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

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

^d	Affiliated money market fund.

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

^f	All or a portion of this security represents an investment of securities lending collateral.

^g	The cost of investments for federal income tax purposes was $570,284,190. Net unrealized depreciation was $69,820,301, of which $53,398,130 represented gross unrealized appreciation on securities and $123,218,431 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 93.68%

AIR FREIGHT & LOGISTICS — 2.84%
Deutsche Post AG Registered		3,081,398	$	96,395,325

				96,395,325
AIRLINES — 0.28%
Deutsche Lufthansa AG Registered		740,797		9,606,861

				9,606,861
AUTO COMPONENTS — 1.83%
Continental AG		349,632		62,086,908

				62,086,908
AUTOMOBILES — 9.07%
Bayerische Motoren Werke AG		1,051,443		89,686,939
Daimler AG Registered		3,058,493		203,621,592
Volkswagen AG		103,170		14,139,998

				307,448,529
BANKS — 0.70%
Commerzbank AG		3,378,852		23,559,507

				23,559,507
CAPITAL MARKETS — 3.50%
Deutsche Bank AG Registered^a		4,380,668		69,054,590
Deutsche Boerse AG^a		612,972		49,580,841

				118,635,431
CHEMICALS — 12.74%
BASF SE		2,917,453		250,650,555
Covestro AG^b		225,267		14,488,337
Evonik Industries AG		518,393		14,468,163
K+S AG Registered		608,341		12,354,804
Lanxess AG		290,894		17,956,286
Linde AG		590,330		98,442,084
Symrise AG		391,055		23,691,001

				432,051,230
CONSTRUCTION & ENGINEERING — 0.28%
HOCHTIEF AG		66,087		9,408,101

				9,408,101
CONSTRUCTION MATERIALS — 1.25%
HeidelbergCement AG		472,527		42,411,314

				42,411,314
DIVERSIFIED TELECOMMUNICATION SERVICES — 5.11%
Deutsche Telekom AG Registered		10,398,652		163,974,140


Security	Shares		Value
Telefonica Deutschland Holding AG		2,363,562	$	9,281,898

				173,256,038
ELECTRICAL EQUIPMENT — 0.43%
Osram Licht AG		282,831		14,411,800

				14,411,800
FOOD & STAPLES RETAILING — 0.50%
METRO AG		566,578		16,945,922

				16,945,922
HEALTH CARE PROVIDERS & SERVICES — 4.33%
Fresenius Medical Care AG & Co. KGaA		682,021		53,248,694
Fresenius SE & Co. KGaA		1,301,483		93,536,519

				146,785,213
HOUSEHOLD PRODUCTS — 0.99%
Henkel AG & Co. KGaA		329,837		33,614,029

				33,614,029
INDUSTRIAL CONGLOMERATES — 8.10%
Siemens AG Registered		2,429,640		274,746,733

				274,746,733
INSURANCE — 10.15%
Allianz SE Registered		1,451,609		230,671,993
Hannover Rueck SE		191,197		20,312,596
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen Registered		511,890		93,316,746

				344,301,335
INTERNET & DIRECT MARKETING RETAIL — 0.30%
Zalando SE^a,b		275,053		10,260,308

				10,260,308
INTERNET SOFTWARE & SERVICES — 0.44%
United Internet AG Registered^c		390,940		14,973,070

				14,973,070
LIFE SCIENCES TOOLS & SERVICES — 0.58%
QIAGEN NV^a		706,554		19,524,795

				19,524,795
MACHINERY — 0.96%
GEA Group AG		580,324		21,650,917
MAN SE		112,017		11,058,097

				32,709,014


Security	Shares		Value
MEDIA — 1.17%
Axel Springer SE		137,108	$	5,886,124
ProSiebenSat.1 Media SE Registered		739,653		25,370,808
RTL Group SA^a		122,983		8,363,812

				39,620,744
METALS & MINING — 0.78%
ThyssenKrupp AG		1,167,834		26,535,910

				26,535,910
MULTI-UTILITIES — 2.28%
E.ON SE		6,354,933		41,978,145
Innogy SE^a,b		441,440		15,600,729
RWE AG^a		1,555,445		19,569,186

				77,148,060
PERSONAL PRODUCTS — 0.77%
Beiersdorf AG		319,926		26,159,211

				26,159,211
PHARMACEUTICALS — 8.49%
Bayer AG Registered		2,626,534		246,831,812
Merck KGaA		410,326		41,150,777

				287,982,589
REAL ESTATE MANAGEMENT & DEVELOPMENT — 2.38%
Deutsche Wohnen AG Bearer		1,071,232		33,022,698
Vonovia SE		1,479,762		47,766,919

				80,789,617
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT — 1.78%
Infineon Technologies AG		3,597,065		60,212,781

				60,212,781
SOFTWARE — 7.70%
SAP SE		3,121,447		261,189,835

				261,189,835
TEXTILES, APPAREL & LUXURY GOODS — 2.96%
adidas AG		598,017		88,178,303
HUGO BOSS AG		212,570		12,199,236

				100,377,539


Security	Shares		Value
TRADING COMPANIES & DISTRIBUTORS — 0.76%
Brenntag AG		490,151	$	25,823,419

				25,823,419
TRANSPORTATION INFRASTRUCTURE — 0.23%
Fraport AG Frankfurt Airport Services Worldwide		132,114		7,680,028

				7,680,028
TOTAL COMMON STOCKS (Cost: $4,033,750,650)				3,176,651,196

PREFERRED STOCKS — 5.74%

AUTO COMPONENTS — 0.20%
Schaeffler AG		527,610		6,844,991

				6,844,991
AUTOMOBILES — 3.34%
Bayerische Motoren Werke AG		174,205		12,518,123
Porsche Automobil Holding SE		485,781		24,647,581
Volkswagen AG		589,858		76,212,844

				113,378,548
CHEMICALS — 0.26%
Fuchs Petrolub SE		221,010		8,765,986

				8,765,986
HOUSEHOLD PRODUCTS — 1.94%
Henkel AG & Co. KGaA		565,814		65,603,537

				65,603,537

TOTAL PREFERRED STOCKS (Cost: $292,620,256)				194,593,062

SHORT-TERM INVESTMENTS — 0.03%

MONEY MARKET FUNDS — 0.03%
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^d,e		1,031,566		1,031,566

				1,031,566

TOTAL SHORT-TERM INVESTMENTS (Cost: $1,031,566)				1,031,566


	Value
TOTAL INVESTMENTS IN SECURITIES — 99.45% (Cost: $4,327,402,472)^f	$	3,372,275,824
Other Assets, Less Liabilities — 0.55%		18,511,651

NET ASSETS — 100.00%	$	3,390,787,475

^a	Non-income earning security.

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

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

^d	Affiliated money market fund.

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

^f	The cost of investments for federal income tax purposes was $4,388,148,049. Net unrealized depreciation was $1,015,872,225, of which $83,975,844 represented gross unrealized appreciation on securities and $1,099,848,069 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 96.70%

AUSTRALIA — 1.22%
Australian Agricultural Co. Ltd.^a		28,161	$	34,436
Costa Group Holdings Ltd.		19,026		44,281
GrainCorp Ltd. Class A		13,188		84,383
Nufarm Ltd./Australia		15,078		95,139
Select Harvests Ltd.		5,229		24,378
Tassal Group Ltd.		11,256		31,769

				314,386
BRAZIL — 0.30%
Sao Martinho SA		4,200		66,877
SLC Agricola SA		2,100		9,077

				75,954
CANADA — 8.56%
Ag Growth International Inc.		1,029		41,478
Agrium Inc.		9,702		976,911
Clearwater Seafoods Inc.		2,058		18,841
Potash Corp. of Saskatchewan Inc.		61,761		1,125,349
Rogers Sugar Inc.		8,421		41,147

				2,203,726
CHINA — 1.58%
Century Sunshine Group Holdings Ltd.		41,875		1,593
China Agri-Industries Holdings Ltd.^a		147,200		59,209
China BlueChemical Ltd. Class H		126,000		28,914
China Huishan Dairy Holdings Co. Ltd.^b		294,000		109,919
China Modern Dairy Holdings Ltd.^a,b		179,000		47,539
China Shengmu Organic Milk Ltd.^a,b,c		105,000		30,999
First Tractor Co. Ltd. Class H		42,000		24,529
Hubei Sanonda Co. Ltd. Class B		12,900		11,342
Leyou Technologies Holdings Ltd.^a,b		210,000		41,693
Shandong Zhonglu Oceanic Fisheries Co. Ltd.^a		12,600		9,811
Sinofert Holdings Ltd.^b		168,000		23,175
Tianjin TEDA Biomedical Engineering Co. Ltd.^a		20,000		1,934
YuanShengTai Dairy Farm Ltd.^a		189,000		17,056

				407,713
FINLAND — 0.10%
Ponsse OYJ		1,092		25,821

				25,821


Security	Shares		Value
FRANCE — 0.15%
Naturex^a		462	$	38,261

				38,261
GERMANY — 1.73%
K+S AG Registered^b		14,028		284,895
KWS Saat SE		126		37,205
Suedzucker AG		5,481		123,029

				445,129
HONG KONG — 1.90%
WH Group Ltd.^c		588,000		488,948

				488,948
INDONESIA — 0.97%
Charoen Pokphand Indonesia Tbk PT		556,500		129,347
Eagle High Plantations Tbk PT^a		466,200		7,086
Japfa Comfeed Indonesia Tbk PT		363,300		44,768
Perusahaan Perkebunan London Sumatra Indonesia Tbk PT		222,600		29,811
PT Bisi International Tbk		138,600		18,664
Salim Ivomas Pratama Tbk PT		176,400		6,703
Sawit Sumbermas Sarana Tbk PT		130,200		13,162

				249,541
IRELAND — 0.23%
Origin Enterprises PLC		9,198		58,758

				58,758
ISRAEL — 0.69%
Israel Chemicals Ltd.		36,099		138,411
Israel Corp. Ltd. (The)^a		252		38,866

				177,277
ITALY — 2.45%
CNH Industrial NV		74,004		631,167

				631,167
JAPAN — 7.05%
Hokuto Corp.		2,100		37,026
Iseki & Co. Ltd.		21,000		41,836
Kubota Corp.		77,700		1,177,996
Kumiai Chemical Industry Co. Ltd.^b		4,200		25,065


Security	Shares		Value
Maruha Nichiro Corp.		2,100	$	53,631
NH Foods Ltd.		14,000		361,964
Nihon Nohyaku Co. Ltd.		4,200		22,669
Nippon Beet Sugar Manufacturing Co. Ltd.		700		13,669
Sakata Seed Corp.		2,100		55,179
YAMABIKO Corp.		2,100		24,696

				1,813,731
MALAYSIA — 1.70%
Felda Global Ventures Holdings Bhd^b		94,500		32,586
Genting Plantations Bhd		16,800		40,251
IOI Corp. Bhd		161,700		157,500
Kuala Lumpur Kepong Bhd		29,400		157,204
QL Resources Bhd		43,450		43,294
TDM Bhd		50,400		7,561

				438,396
MEXICO — 0.19%
Industrias Bachoco SAB de CV Series B		12,600		49,606

				49,606
NETHERLANDS — 0.34%
OCI NV^a,b		5,964		86,833

				86,833
NORWAY — 5.64%
Austevoll Seafood ASA		7,203		67,688
Bakkafrost P/F		3,024		127,522
Leroy Seafood Group ASA		2,163		119,925
Marine Harvest ASA		28,203		507,201
Norway Royal Salmon ASA		1,029		24,053
Salmar ASA		3,948		123,822
Yara International ASA		12,999		480,984

				1,451,195
POLAND — 0.18%
Grupa Azoty SA		3,234		47,445

				47,445
RUSSIA — 0.50%
Acron JSC		611		32,407
PhosAgro PJSC GDR^d		7,077		97,309

				129,716
SINGAPORE — 2.31%
Bumitama Agri Ltd.^b		29,300		15,955


Security	Shares		Value
China XLX Fertiliser Ltd.		21,000	$	6,579
First Resources Ltd.^b		42,000		55,711
Golden Agri-Resources Ltd.		514,500		154,450
Indofood Agri Resources Ltd.		12,600		4,750
Japfa Ltd.^b		27,300		16,962
Wilmar International Ltd.		138,600		340,598

				595,005
SOUTH AFRICA — 0.48%
Astral Foods Ltd.		2,835		25,063
Oceana Group Ltd.		3,045		26,171
Tongaat Hulett Ltd.		7,770		72,020

				123,254
SOUTH KOREA — 0.38%
Dongwon Industries Co. Ltd.		105		28,966
Easy Bio Inc.		2,835		14,429
Farmsco^a		1,302		13,587
Harim Co. Ltd.^a		1,964		7,585
Namhae Chemical Corp.		2,226		15,347
Nong Woo Bio Co. Ltd.^a		840		11,030
Sajo Industries Co. Ltd.^a		105		5,829

				96,773
SPAIN — 0.00%
Pescanova SA^a		414		—

				—
SWEDEN — 0.09%
Scandi Standard AB		3,801		22,130

				22,130
SWITZERLAND — 10.15%
Syngenta AG Registered		6,846		2,613,665

				2,613,665
TAIWAN — 0.32%
Charoen Pokphand Enterprise		21,000		30,242
Taiwan Fertilizer Co. Ltd.		42,000		53,434

				83,676
THAILAND — 0.80%
Charoen Pokphand Foods PCL NVDR		202,700		163,333
GFPT PCL NVDR^b		41,000		16,777
Khon Kaen Sugar Industry PCL NVDR		92,554		10,376
Thaifoods Group PCL NVDR		84,000		16,598

				207,084


Security	Shares		Value
TURKEY — 0.03%
Gubre Fabrikalari TAS		5,544	$	6,920

				6,920
UNITED KINGDOM — 0.27%
Sirius Minerals PLC^a		304,923		68,575

				68,575
UNITED STATES — 46.39%
AGCO Corp.		4,746		264,827
AgroFresh Solutions Inc.^a		1,638		4,586
American Vanguard Corp.		2,247		40,895
Archer-Daniels-Midland Co.		42,987		1,858,328
Bunge Ltd.		10,248		699,733
Cal-Maine Foods Inc.^b		2,163		88,034
CF Industries Holdings Inc.		17,174		497,015
Darling Ingredients Inc.^a		11,739		158,594
Deere & Co.		19,614		1,965,323
FMC Corp.		9,933		557,440
Fresh Del Monte Produce Inc.		2,520		156,265
Ingredion Inc.		5,355		628,570
Lindsay Corp.		777		65,486
Monsanto Co.		32,298		3,317,328
Mosaic Co. (The)		24,339		691,228
Omega Protein Corp.^a		1,680		40,236
Sanderson Farms Inc.		1,554		125,330
Scotts Miracle-Gro Co. (The) Class A		3,528		322,001
Titan International Inc.		3,087		35,686
Toro Co. (The)		8,022		424,604

				11,941,509

TOTAL COMMON STOCKS (Cost: $27,965,603)				24,892,194

INVESTMENT COMPANIES — 1.94%

INDIA — 1.94%
iShares India 50 ETF^e		18,165		500,627

				500,627

TOTAL INVESTMENT COMPANIES (Cost: $510,178)				500,627


Security	Shares		Value
PREFERRED STOCKS — 0.80%

CHILE — 0.80%
Sociedad Quimica y Minera de Chile SA Series B		7,182		205,029

				205,029

TOTAL PREFERRED STOCKS (Cost: $192,054)				205,029

SHORT-TERM INVESTMENTS — 3.32%

MONEY MARKET FUNDS — 3.32%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^f,g,h		829,669		829,918
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^f,g		25,101		25,101

				855,019

TOTAL SHORT-TERM INVESTMENTS (Cost: $854,899)				855,019


TOTAL INVESTMENTS IN SECURITIES — 102.76% (Cost: $29,522,734)ⁱ				26,452,869
Other Assets, Less Liabilities — (2.76)%				(710,929	)

NET ASSETS — 100.00%			$	25,741,940

GDR — Global Depositary Receipts

NVDR — Non-Voting Depositary Receipts

^a	Non-income earning security.

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

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

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

^e	Affiliated issuer. See Schedule 1.

^f	Affiliated money market fund.

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

^h	All or a portion of this security represents an investment of securities lending collateral.

ⁱ	The cost of investments for federal income tax purposes was $29,771,578. Net unrealized depreciation was $3,318,709, of which $1,998,709 represented gross unrealized appreciation on securities and $5,317,418 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 98.31%

AUSTRALIA — 1.42%
AWE Ltd.^a,b		8,911	$	3,950
Beach Energy Ltd.		20,996		12,410
Karoon Gas Australia Ltd.^a,b		4,978		6,841
Oil Search Ltd.		25,265		120,403
Santos Ltd.		28,557		82,921
Whitehaven Coal Ltd.^a		10,621		21,580
Woodside Petroleum Ltd.		13,281		290,651

				538,756
AUSTRIA — 0.25%
OMV AG		2,907		94,039

				94,039
BRAZIL — 0.81%
Petroleo Brasileiro SA^a		55,100		300,871
QGEP Participacoes SA		3,800		6,202

				307,073
CANADA — 9.10%
Advantage Oil & Gas Ltd.^a		3,287		23,810
ARC Resources Ltd.		6,028		105,443
Baytex Energy Corp.^a,b		3,650		15,636
Birchcliff Energy Ltd.^a,b		2,546		17,193
Bonavista Energy Corp.		2,964		9,898
Bonterra Energy Corp.		532		10,481
Cameco Corp.		7,771		71,434
Canadian Natural Resources Ltd.		20,045		675,770
Cardinal Energy Ltd.^b		1,012		7,263
Cenovus Energy Inc.		15,124		233,620
Crescent Point Energy Corp.		8,873		112,843
Crew Energy Inc.^a		3,363		18,508
Denison Mines Corp.^a,b		5,111		2,167
Encana Corp.		16,834		211,207
Enerplus Corp.		3,990		34,481
Freehold Royalties Ltd.		970		9,623
Husky Energy Inc.^a		6,973		81,782
Imperial Oil Ltd.		5,548		189,761
Kelt Exploration Ltd.^a		2,401		11,410
MEG Energy Corp.^a,b		2,926		14,776
NuVista Energy Ltd.^a		2,774		14,400


Security	Shares		Value
Painted Pony Petroleum Ltd.^a		1,843	$	13,035
Paramount Resources Ltd. Class A^a,b		1,292		16,681
Parex Resources Inc.^a		1,900		24,785
Pengrowth Energy Corp.^b		10,679		16,202
Penn West Petroleum Ltd.^a,b		3,458		6,018
Peyto Exploration & Development Corp.		3,363		82,687
PrairieSky Royalty Ltd.		3,819		93,132
Raging River Exploration Inc.^a		3,667		28,990
Seven Generations Energy Ltd. Class A^a,b		4,370		100,556
Suncor Energy Inc.		29,374		934,568
Surge Energy Inc.		5,168		10,762
TORC Oil & Gas Ltd.		1,482		9,269
Tourmaline Oil Corp.^a		3,895		104,979
Vermilion Energy Inc.		2,451		99,327
Whitecap Resources Inc.		4,199		37,381

				3,449,878
CHINA — 2.22%
China Coal Energy Co. Ltd. Class H^a,b		57,000		28,733
China Shenhua Energy Co. Ltd. Class H		57,000		118,017
CNOOC Ltd.		323,000		407,256
Inner Mongolia Yitai Coal Co. Ltd. Class B		100		95
MIE Holdings Corp.^a		32,000		3,135
PetroChina Co. Ltd. Class H		380,000		258,179
Yanzhou Coal Mining Co. Ltd. Class H^b		38,000		26,553

				841,968
COLOMBIA — 0.11%
Ecopetrol SA^a		99,522		42,986

				42,986
FINLAND — 0.27%
Neste OYJ		2,508		103,094

				103,094
FRANCE — 5.01%
Esso SA Francaise^a		247		9,129
Etablissements Maurel et Prom^a,b		6,612		28,898
Total SA		39,007		1,860,175

				1,898,202
GREECE — 0.04%
Motor Oil Hellas Corinth Refineries SA		1,065		13,805

				13,805


Security	Shares		Value
HUNGARY — 0.13%
MOL Hungarian Oil & Gas PLC		798	$	49,873

				49,873
INDIA — 1.11%
Reliance Industries Ltd. GDR^c		14,725		421,871

				421,871
INDONESIA — 0.28%
Adaro Energy Tbk PT		362,900		40,969
Indo Tambangraya Megah Tbk PT		5,700		6,729
Sugih Energy Tbk PT^a		618,000		5,198
Tambang Batubara Bukit Asam Persero Tbk PT		9,500		8,272
United Tractors Tbk PT		28,500		44,162

				105,330
ISRAEL — 0.13%
Jerusalem Oil Exploration^a		76		3,330
Naphtha Israel Petroleum Corp. Ltd.^a		1,160		6,681
Oil Refineries Ltd.^a		34,941		13,215
Paz Oil Co. Ltd.		152		25,334

				48,560
ITALY — 1.68%
Eni SpA		45,163		629,523
Saras SpA		4,074		7,230

				636,753
JAPAN — 1.17%
Cosmo Energy Holdings Co. Ltd.		1,900		24,178
Idemitsu Kosan Co. Ltd.		1,900		43,154
INPEX Corp.		19,000		180,921
Japan Petroleum Exploration Co. Ltd.		100		2,042
JX Holdings Inc.		41,800		160,091
Showa Shell Sekiyu KK		3,800		34,050

				444,436
NORWAY — 1.02%
Aker BP ASA		2,242		36,449
DNO ASA^a,b		10,830		9,414
Statoil ASA		19,874		340,604

				386,467
POLAND — 0.34%
Grupa Lotos SA^a		2,147		18,894
Lubelski Wegiel Bogdanka SA^a		141		2,338


Security	Shares		Value
Polski Koncern Naftowy ORLEN SA		5,928	$	108,108

				129,340
PORTUGAL — 0.23%
Galp Energia SGPS SA		6,324		85,634

				85,634
RUSSIA — 2.30%
Lukoil PJSC		4,503		220,147
Lukoil PJSC ADR		3,085		151,165
Novatek OJSC GDR^d		1,584		187,070
Rosneft PJSC		9,280		49,199
Rosneft PJSC GDR^d		10,061		52,921
Surgutneftegas OJSC		64,600		29,941
Surgutneftegas OJSC ADR		6,080		27,633
Tatneft PJSC Class S		25,650		154,953

				873,029
SOUTH AFRICA — 0.06%
Exxaro Resources Ltd.		3,363		23,161

				23,161
SOUTH KOREA — 0.56%
S-Oil Corp.		912		65,530
SK Innovation Co. Ltd.		1,140		148,711

				214,241
SPAIN — 0.71%
Repsol SA		20,083		268,431

				268,431
SWEDEN — 0.20%
Lundin Petroleum AB^a		4,051		76,263

				76,263
THAILAND — 0.40%
Bangchak Petroleum PCL (The) NVDR		9,500		8,720
Banpu PCL NVDR^b		24,700		12,946
Esso Thailand PCL NVDR^a		41,800		15,464
IRPC PCL NVDR		218,500		29,640
PTT Exploration & Production PCL NVDR		22,831		52,791
Thai Oil PCL NVDR		15,200		31,525

				151,086
TURKEY — 0.14%
Tupras Turkiye Petrol Rafinerileri AS		2,717		54,280

				54,280


Security	Shares		Value
UNITED KINGDOM — 14.96%
Amerisur Resources PLC^a,b		34,846	$	12,626
BP PLC		323,361		1,856,212
Cairn Energy PLC^a		10,279		26,892
EnQuest PLC ADR^a,b		42,633		15,847
Faroe Petroleum PLC^a,b		18,601		17,430
Ophir Energy PLC^a		21,014		20,873
Premier Oil PLC^a		11,742		8,729
Royal Dutch Shell PLC Class A		74,848		1,894,616
Royal Dutch Shell PLC Class B		64,809		1,715,400
SOCO International PLC		7,828		13,521
Stobart Group Ltd.		14,098		28,094
Tullow Oil PLC^a,b		16,606		61,786

				5,672,026
UNITED STATES — 53.66%
Alon USA Energy Inc.		779		7,276
Anadarko Petroleum Corp.		9,823		679,260
Antero Resources Corp.^a		2,736		67,005
Apache Corp.		6,783		447,339
Bill Barrett Corp.^a		893		6,983
Cabot Oil & Gas Corp.		8,341		184,503
California Resources Corp.^a,b		649		11,293
Callon Petroleum Co.^a		2,470		43,571
Carrizo Oil & Gas Inc.^a		1,026		43,441
Chesapeake Energy Corp.^a		11,305		79,135
Chevron Corp.		33,003		3,681,815
Cimarex Energy Co.		1,767		243,634
Clayton Williams Energy Inc.^a		95		10,706
Cobalt International Energy Inc.^a		5,130		6,926
Concho Resources Inc.^a		2,584		369,564
ConocoPhillips		21,964		1,065,693
CONSOL Energy Inc.		3,439		70,775
Continental Resources Inc./OK^a		1,729		100,299
CVR Energy Inc.		684		11,443
Delek U.S. Holdings Inc.		1,159		23,307
Denbury Resources Inc.^a		6,916		26,142
Devon Energy Corp.		8,322		402,202
Diamondback Energy Inc.^a		1,444		155,735
Energen Corp.		1,729		107,319
EOG Resources Inc.		10,165		1,042,116
EQT Corp.		3,211		225,027
Exxon Mobil Corp.		72,428		6,322,964
Gran Tierra Energy Inc.^a		665		1,929
Gulfport Energy Corp.^a,b		2,166		55,645


Security	Shares		Value
Hess Corp.		5,092	$	284,948
HollyFrontier Corp.		3,135		90,194
Kosmos Energy Ltd.^a		1,843		9,768
Laredo Petroleum Inc.^a		2,698		43,141
Marathon Oil Corp.		14,383		259,757
Marathon Petroleum Corp.		9,272		435,969
Matador Resources Co.^a		1,235		32,900
Murphy Oil Corp.		3,173		107,596
Newfield Exploration Co.^a		3,572		161,526
Noble Energy Inc.		7,733		295,091
Oasis Petroleum Inc.^a		3,420		51,197
Occidental Petroleum Corp.		13,300		949,088
Par Pacific Holdings Inc.^a		647		9,576
Parsley Energy Inc. Class A^a		2,812		107,278
PBF Energy Inc.		1,710		41,023
PDC Energy Inc.^a		1,045		77,800
Pioneer Natural Resources Co.		3,002		573,502
QEP Resources Inc.		3,933		77,323
Range Resources Corp.		3,627		127,598
Resolute Energy Corp.^a		152		5,098
RSP Permian Inc.^a		1,824		81,442
Sanchez Energy Corp.^a,b		705		5,929
SM Energy Co.		1,444		57,558
Southwestern Energy Co.^a		8,417		95,533
Synergy Resources Corp.^a		2,299		21,818
Tesoro Corp.		2,071		168,476
Valero Energy Corp.		8,132		500,606
Western Refining Inc.		1,387		49,752
Whiting Petroleum Corp.^a		4,106		50,175
WPX Energy Inc.^a		5,624		87,397

				20,352,106

TOTAL COMMON STOCKS (Cost: $38,798,756)				37,282,688

PREFERRED STOCKS — 0.99%

BRAZIL — 0.83%
Petroleo Brasileiro SA		66,500		314,560

				314,560
RUSSIA — 0.16%
Surgutneftegas OJSC		125,400		61,268

				61,268

TOTAL PREFERRED STOCKS (Cost: $278,499)				375,828


Security	Shares		Value
SHORT-TERM INVESTMENTS — 1.25%

MONEY MARKET FUNDS — 1.25%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^e,f,g		463,181	$	463,320
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^e,f		12,261		12,261

				475,581

TOTAL SHORT-TERM INVESTMENTS (Cost: $475,470)				475,581


TOTAL INVESTMENTS IN SECURITIES — 100.55% (Cost: $39,552,725)^h				38,134,097
Other Assets, Less Liabilities — (0.55)%				(209,891	)

NET ASSETS — 100.00%			$	37,924,206

ADR — American Depositary Receipts

GDR — Global Depositary Receipts

NVDR — Non-Voting Depositary Receipts

^a	Non-income earning security.

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

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

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

^e	Affiliated money market fund.

^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.

^h	The cost of investments for federal income tax purposes was $40,185,475. Net unrealized depreciation was $2,051,378, of which $1,959,312 represented gross unrealized appreciation on securities and $4,010,690 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 101.44%

AUSTRALIA — 10.64%
Metals X Ltd.^a,b		1,580,065	$	747,156
Newcrest Mining Ltd.		1,482,936		21,409,333
St. Barbara Ltd.^a,b		2,056,788		3,358,443
Westgold Resources Ltd.^b		1,306,881		1,322,857

				26,837,789
CANADA — 54.64%
Agnico Eagle Mines Ltd.		276,741		11,361,076
Alacer Gold Corp.^a,b		1,474,206		2,697,119
Asanko Gold Inc.^b		391,686		1,372,037
Barrick Gold Corp.		2,383,581		35,720,034
Centerra Gold Inc.		792,057		4,088,112
China Gold International Resources Corp. Ltd.^a,b		1,262,649		2,591,783
Eldorado Gold Corp.^b		2,042,046		5,619,195
Endeavour Mining Corp.^b		133,278		2,005,216
Goldcorp Inc.		1,643,859		21,676,052
Guyana Goldfields Inc.^b		332,613		1,360,532
IAMGOLD Corp.^b		1,432,707		5,242,391
Kinross Gold Corp.^b		3,261,237		10,768,922
Kirkland Lake Gold Inc.^b		473,457		2,626,796
New Gold Inc.^a,b		1,569,072		5,589,659
Newmarket Gold Inc.^b		201,081		533,883
Primero Mining Corp.^a,b		1,783,039		1,564,767
Richmont Mines Inc.^a,b		363,168		2,349,815
SEMAFO Inc.^b		1,207,650		3,673,426
Silver Standard Resources Inc.^b		248,805		2,459,184
Tahoe Resources Inc.		682,395		6,551,926
Yamana Gold Inc.		2,647,518		7,895,692

				137,747,617
HONG KONG — 0.54%
G-Resources Group Ltd.		71,694,000		1,358,708

				1,358,708
PERU — 2.52%
Cia. de Minas Buenaventura SAA ADR		569,487		6,361,170

				6,361,170


Security	Shares		Value
SOUTH AFRICA — 10.18%
AngloGold Ashanti Ltd.^b		903,846	$	10,010,048
Gold Fields Ltd.		2,319,561		7,375,629
Harmony Gold Mining Co. Ltd.		1,521,348		3,424,220
Sibanye Gold Ltd.		2,331,783		4,849,344

				25,659,241
TURKEY — 0.85%
Koza Altin Isletmeleri AS^b		470,114		2,142,989

				2,142,989
UNITED KINGDOM — 6.95%
Acacia Mining PLC		74,205		367,973
Centamin PLC		3,404,118		5,524,785
Randgold Resources Ltd.		163,260		11,626,694

				17,519,452
UNITED STATES — 15.12%
McEwen Mining Inc.		1,058,367		2,995,178
Newmont Mining Corp.		1,082,520		35,116,949

				38,112,127

TOTAL COMMON STOCKS (Cost: $295,929,543)				255,739,093

RIGHTS — 0.01%

CANADA — 0.01%
Yamana Gold Inc.^b		171,963		42,204

				42,204

TOTAL RIGHTS (Cost: $72,615)				42,204

SHORT-TERM INVESTMENTS — 2.17%

MONEY MARKET FUNDS — 2.17%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^c,d,e		5,082,983		5,084,507
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^c,d		384,518		384,518

				5,469,025

TOTAL SHORT-TERM INVESTMENTS (Cost: $5,467,792)				5,469,025


	Value
TOTAL INVESTMENTS IN SECURITIES — 103.62% (Cost: $301,469,950)^f	$	261,250,322
Other Assets, Less Liabilities — (3.62)%		(9,135,426	)

NET ASSETS — 100.00%	$	252,114,896

ADR — American Depositary Receipts

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

^b	Non-income earning security.

^c	Affiliated money market fund.

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

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

^f	The cost of investments for federal income tax purposes was $321,704,302. Net unrealized depreciation was $60,453,980, of which $4,418,980 represented gross unrealized appreciation on securities and $64,872,960 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 96.59%

AUSTRALIA — 17.55%
Alumina Ltd.		1,123,100	$	1,373,323
Arrium Ltd.^a,b		727,228		5
BHP Billiton Ltd.		1,474,440		26,592,004
BlueScope Steel Ltd.		262,240		1,747,679
Fortescue Metals Group Ltd.		707,740		3,069,503
Galaxy Resources Ltd.^a,b		689,040		218,912
Iluka Resources Ltd.		197,120		891,329
Independence Group NL^a		226,160		716,852
Jacana Minerals Ltd.^a,b		6,808		—
Mineral Resources Ltd.		61,380		570,057
Orocobre Ltd.^a,b		88,880		295,510
OZ Minerals Ltd.		133,540		776,501
Pilbara Minerals Ltd.^b		465,080		187,275
Rio Tinto Ltd.		196,020		8,363,895
Sandfire Resources NL^a		68,200		291,756
Sims Metal Management Ltd.		79,640		735,525
South32 Ltd.		2,460,480		4,926,577
Syrah Resources Ltd.^a,b		111,760		230,381
Western Areas Ltd.^a,b		110,000		242,195

				51,229,279
AUSTRIA — 0.66%
Voestalpine AG		51,040		1,935,891

				1,935,891
BELGIUM — 0.34%
Bekaert SA		18,040		753,130
Nyrstar NV^a,b		35,210		245,245

				998,375
BRAZIL — 2.07%
Cia. Siderurgica Nacional SA^b		293,400		1,078,185
Vale SA		599,100		4,969,918

				6,048,103
CANADA — 5.68%
Altius Minerals Corp.^a		20,240		190,870
Canam Group Inc.		17,600		125,658
Dominion Diamond Corp.		41,360		394,652
First Quantum Minerals Ltd.		315,920		3,604,204
HudBay Minerals Inc.		107,360		723,398
Imperial Metals Corp.^a,b		23,320		104,061
Ivanhoe Mines Ltd. Class A^b		291,500		511,632


Security	Shares		Value
Labrador Iron Ore Royalty Corp.		26,400	$	342,419
Lucara Diamond Corp.		155,320		376,575
Lundin Mining Corp.^a,b		296,120		1,451,310
Major Drilling Group International Inc.		41,360		187,944
Nevsun Resources Ltd.		63,410		203,255
Stornoway Diamond Corp.^b		245,080		184,092
Teck Resources Ltd. Class B		261,360		6,610,779
Turquoise Hill Resources Ltd.^b		467,720		1,561,849

				16,572,698
CHILE — 0.08%
CAP SA		33,486		244,435

				244,435
CHINA — 0.99%
Aluminum Corp. of China Ltd. Class H^a,b		1,760,000		785,081
China Daye Non-Ferrous Metals Mining Ltd.^b		3,080,000		59,165
China Metal Recycling Holdings Ltd.^b		132,000		—
Inner Mongolia Eerduosi Resourses Co. Ltd. Class B		91,074		95,172
Jiangxi Copper Co. Ltd. Class H		710,000		1,085,598
MMG Ltd.^a,b		636,000		178,747
North Mining Shares Co. Ltd.^a,b		8,800,000		189,463
Shougang Concord International Enterprises Co. Ltd.^b		4,400,000		155,995
Shougang Fushan Resources Group Ltd.^a		1,320,000		284,195
Xinjiang Xinxin Mining Industry Co. Ltd. Class H^b		440,000		66,936

				2,900,352
EGYPT — 0.01%
Ezz Steel^b		44,480		29,003

				29,003
FINLAND — 0.46%
Outokumpu OYJ^a,b		130,684		1,010,609
Outotec OYJ^b		61,100		325,371

				1,335,980
FRANCE — 2.56%
APERAM SA		21,193		949,844
ArcelorMittal^b		836,881		6,327,976
Eramet^a,b		3,080		194,402

				7,472,222
GERMANY — 1.78%
Aurubis AG^a		16,720		886,208


Security	Shares		Value
Salzgitter AG		17,600	$	575,598
ThyssenKrupp AG		164,560		3,739,187

				5,200,993
INDIA — 0.75%
Tata Steel Ltd. GDR^a,c		361,900		2,196,733

				2,196,733
INDONESIA — 0.20%
Aneka Tambang Persero Tbk PT^b		4,312,038		308,628
Krakatau Steel Persero Tbk PT^b		1,692,653		105,537
Timah Persero Tbk PT		1,766,067		157,027

				571,192
JAPAN — 9.12%
Asahi Holdings Inc.		4,900		86,780
Daido Steel Co. Ltd.		58,000		238,729
Dowa Holdings Co. Ltd.		71,000		547,089
Hitachi Metals Ltd.		88,000		1,154,592
JFE Holdings Inc.		267,300		3,917,601
Kobe Steel Ltd.^b		176,000		1,666,629
Maruichi Steel Tube Ltd.		44,000		1,422,967
Mitsubishi Materials Corp.		45,500		1,351,683
Mitsui Mining & Smelting Co. Ltd.		441,000		1,029,497
Nakayama Steel Works Ltd.^b		44,000		273,395
Neturen Co. Ltd.		44,000		350,625
Nippon Denko Co. Ltd.		132,000		264,127
Nippon Light Metal Holdings Co. Ltd.		352,000		787,748
Nippon Steel & Sumitomo Metal Corp.		374,440		8,060,918
Nisshin Steel Co. Ltd.		44,000		565,712
OSAKA Titanium Technologies Co. Ltd.^a,b		1,800		25,433
Sumitomo Metal Mining Co. Ltd.		220,000		2,950,195
Toho Titanium Co. Ltd.^a		44,000		293,475
Tokyo Steel Manufacturing Co. Ltd.		66,000		477,862
Topy Industries Ltd.		4,400		111,366
Toyo Kohan Co. Ltd.		88,000		290,386
UACJ Corp.		43,386		125,652
Yamato Kogyo Co. Ltd.		22,000		627,496

				26,619,957
MALAYSIA — 0.08%
Press Metal Bhd		616,000		230,345

				230,345


Security	Shares		Value
MEXICO — 1.88%
Grupo Mexico SAB de CV Series B		1,760,000	$	4,840,054
Industrias CH SAB de CV Series B^a,b		66,000		372,224
Minera Frisco SAB de CV Series A1^a,b		352,000		271,490

				5,483,768
NETHERLANDS — 0.04%
AMG Advanced Metallurgical Group NV		7,040		112,468

				112,468
NORWAY — 1.01%
Norsk Hydro ASA		626,560		2,954,267

				2,954,267
PERU — 0.45%
Southern Copper Corp.		40,480		1,328,958

				1,328,958
PHILIPPINES — 0.04%
Nickel Asia Corp.		625,000		103,811

				103,811
POLAND — 0.69%
Boryszew SA^b		87,780		167,517
Jastrzebska Spolka Weglowa SA^b		23,650		467,014
KGHM Polska Miedz SA		66,000		1,375,404

				2,009,935
RUSSIA — 2.52%
Alrosa PJSC		1,144,000		1,656,253
Mechel PJSC^b		31,332		186,739
MMC Norilsk Nickel PJSC		25,080		4,057,464
Severstal PJSC		96,800		1,459,308

				7,359,764
SINGAPORE — 0.03%
Midas Holdings Ltd.^a		620,800		97,515

				97,515
SOUTH AFRICA — 0.90%
African Rainbow Minerals Ltd.		49,280		377,341
Anglo American Platinum Ltd.^a,b		25,080		516,754
Assore Ltd.		16,280		265,041
Impala Platinum Holdings Ltd.^b		286,880		904,026
Northam Platinum Ltd.^b		155,980		459,391
Royal Bafokeng Platinum Ltd.^b		36,520		92,457

				2,615,010


Security	Shares		Value
SOUTH KOREA — 3.82%
Dongkuk Steel Mill Co. Ltd.^b		26,470	$	219,857
Hyundai Steel Co.		36,080		1,540,047
Jenax Inc.^b		6,160		145,168
KISCO Corp.		2,206		68,781
KISWIRE Ltd.		2,731		97,648
Korea Zinc Co. Ltd.		3,960		1,598,837
Poongsan Corp.		11,440		379,686
Poongsan Holdings Corp.		3,080		125,144
POSCO		31,680		6,761,182
Seah Besteel Corp.		5,720		120,609
SeAH Steel Corp.		1,347		99,667

				11,156,626
SPAIN — 0.36%
Acerinox SA		72,714		914,050
Tubacex SA		44,880		126,877

				1,040,927
SWEDEN — 1.63%
Boliden AB		128,040		3,303,632
Granges AB		37,620		346,371
SSAB AB Class A^a,b		103,431		399,406
SSAB AB Class B^a,b		222,579		722,080

				4,771,489
SWITZERLAND — 0.06%
Schmolz + Bickenbach AG Registered^a,b		252,120		163,353

				163,353
TAIWAN — 2.00%
China Metal Products		440,011		461,092
China Steel Corp.		5,720,612		4,487,036
Feng Hsin Steel Co. Ltd.		440,000		625,357
TA Chen Stainless Pipe		33,559		19,373
Ton Yi Industrial Corp.		70,000		29,978
Tung Ho Steel Enterprise Corp.		75,000		51,297
Yieh Phui Enterprise Co. Ltd.^b		440,440		169,969

				5,844,102
THAILAND — 0.03%
STP & I PCL NVDR^a		271,160		80,559

				80,559
TURKEY — 0.36%
Borusan Mannesmann Boru Sanayi ve Ticaret AS^a		31,460		71,108
Eregli Demir ve Celik Fabrikalari TAS		628,760		863,701


Security	Shares		Value
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class D^a		353,343	$	106,143

				1,040,952
UNITED KINGDOM — 24.91%
Anglo American PLC^b		644,600		9,543,557
Antofagasta PLC^a		180,840		1,556,737
BHP Billiton PLC		971,960		15,950,712
Evraz PLC^b		155,103		464,698
Ferrexpo PLC^b		61,380		101,037
Glencore PLC^b		5,621,660		19,617,204
KAZ Minerals PLC^b		114,840		520,263
Lonmin PLC^b		128,920		240,804
Petra Diamonds Ltd.		248,820		512,323
Rio Tinto PLC		570,900		21,327,150
Vedanta Ltd. ADR		187,713		2,515,354
Vedanta Resources PLC		35,640		375,376

				72,725,215
UNITED STATES — 13.53%
AK Steel Holding Corp.^b		135,960		1,241,315
Alcoa Corp.		62,748		1,817,809
Allegheny Technologies Inc.		47,960		841,218
Carpenter Technology Corp.		22,440		802,679
Century Aluminum Co.^a,b		24,640		227,181
Cliffs Natural Resources Inc.^b		97,680		860,561
Commercial Metals Co.		52,360		1,152,444
Compass Minerals International Inc.		16,720		1,296,636
Freeport-McMoRan Inc.		574,640		8,820,724
Haynes International Inc.		5,720		249,220
Kaiser Aluminum Corp.		7,490		617,101
Materion Corp.		11,880		455,598
Nucor Corp.		145,640		9,057,352
Reliance Steel & Aluminum Co.		33,000		2,676,300
Schnitzer Steel Industries Inc. Class A		11,440		319,176
Steel Dynamics Inc.		111,320		3,949,634
Stillwater Mining Co.^b		58,080		872,942
SunCoke Energy Inc.		26,400		301,488
TimkenSteel Corp.^b		15,620		246,796
U.S. Steel Corp.		75,240		2,433,262
Worthington Industries Inc.		22,440		1,262,923

				39,502,359

TOTAL COMMON STOCKS (Cost: $259,407,016)				281,976,636


Security	Shares		Value
PREFERRED STOCKS — 3.23%

BRAZIL — 3.23%
Bradespar SA		88,000	$	388,943
Gerdau SA		418,000		1,674,472
Metalurgica Gerdau SA		264,000		455,805
Usinas Siderurgicas de Minas Gerais SA Class A		220,000		269,919
Vale SA		880,000		6,647,154

				9,436,293

TOTAL PREFERRED STOCKS (Cost: $5,099,166)				9,436,293

RIGHTS — 0.01%

CHINA — 0.01%
MMG Ltd.^b		246,000		20,614

				20,614

TOTAL RIGHTS (Cost: $0)				20,614

SHORT-TERM INVESTMENTS — 3.20%

MONEY MARKET FUNDS — 3.20%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^d,e,f		8,816,877		8,819,522
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^d,e		517,123		517,123

				9,336,645

TOTAL SHORT-TERM INVESTMENTS (Cost: $9,334,604)				9,336,645


TOTAL INVESTMENTS IN SECURITIES — 103.03% (Cost: $273,840,786)^g				300,770,188
Other Assets, Less Liabilities — (3.03)%				(8,836,795	)

NET ASSETS — 100.00%			$	291,933,393

ADR — American Depositary Receipts

GDR — Global Depositary Receipts

NVDR — Non-Voting Depositary Receipts

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

^b	Non-income earning security.

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

^d	Affiliated money market fund.

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

^f	All or a portion of this security represents an investment of securities lending collateral.

^g	The cost of investments for federal income tax purposes was $284,895,276. Net unrealized appreciation was $15,874,912, of which $34,713,172 represented gross unrealized appreciation on securities and $18,838,260 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 100.50%

CANADA — 64.18%
Alexco Resource Corp.^a,b		495,900	$	641,727
Americas Silver Corp.^a,b		2,484,630		452,725
Dalradian Resources Inc.^a,b		860,244		876,494
Dundee Precious Metals Inc.^a		326,439		497,695
Endeavour Silver Corp.^a,b		317,205		1,207,861
Excellon Resources Inc.^a,b		569,259		592,714
First Majestic Silver Corp.^a,b		316,236		2,801,109
Fortuna Silver Mines Inc.^a		344,679		2,081,506
GoGold Resources Inc.^a,b		559,792		241,469
Great Panther Silver Ltd.^a,b		523,431		790,246
Klondex Mines Ltd.^a		298,167		1,441,384
Levon Resources Ltd.^a		1,754,175		410,951
MAG Silver Corp.^a,b		161,391		1,999,683
Mandalay Resources Corp.		1,024,689		510,592
Minco Silver Corp.^a,b		571,140		382,289
Pan American Silver Corp.		174,192		2,931,701
Primero Mining Corp.^a,b		558,458		490,094
Silver Standard Resources Inc.^a		267,330		2,642,285
Silver Wheaton Corp.		747,783		13,592,010
Silvercorp Metals Inc.^b		520,239		1,319,363
Tahoe Resources Inc.		465,519		4,469,619

				40,373,517
CHINA — 0.59%
China Silver Group Ltd.^b		2,166,000		368,602

				368,602
HONG KONG — 0.58%
G-Resources Group Ltd.		19,416,000		367,962

				367,962
MEXICO — 7.20%
Industrias Penoles SAB de CV		209,760		4,526,451

				4,526,451
PERU — 4.61%
Cia. de Minas Buenaventura SAA ADR		259,521		2,898,850

				2,898,850
UNITED KINGDOM — 10.97%
Fresnillo PLC		342,741		5,138,648
Hochschild Mining PLC		646,608		1,763,585

				6,902,233


Security	Shares		Value
UNITED STATES — 12.37%
Coeur Mining Inc.^a		290,358	$	2,801,955
Hecla Mining Co.		477,033		2,900,360
McEwen Mining Inc.		573,990		1,624,392
Solitario Exploration & Royalty Corp.^a		588,234		452,940

				7,779,647

TOTAL COMMON STOCKS (Cost: $67,955,280)				63,217,262

SHORT-TERM INVESTMENTS — 8.83%

MONEY MARKET FUNDS — 8.83%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^c,d,e		5,528,134		5,529,792
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^c,d		24,799		24,799

				5,554,591

TOTAL SHORT-TERM INVESTMENTS (Cost: $5,552,964)				5,554,591


TOTAL INVESTMENTS IN SECURITIES — 109.33% (Cost: $73,508,244)^f				68,771,853
Other Assets, Less Liabilities — (9.33)%				(5,868,541	)

NET ASSETS — 100.00%			$	62,903,312

ADR — American Depositary Receipts

^a	Non-income earning security.

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

^c	Affiliated money market fund.

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

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

^f	The cost of investments for federal income tax purposes was $77,707,466. Net unrealized depreciation was $8,935,613, of which $4,370,669 represented gross unrealized appreciation on securities and $13,306,282 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 99.61%

AIRLINES — 0.38%
Cathay Pacific Airways Ltd.^a		5,256,000	$	7,114,927

				7,114,927
BANKS — 7.85%
Bank of East Asia Ltd. (The)^a		5,343,610		22,148,358
BOC Hong Kong Holdings Ltd.		16,404,500		61,543,444
Hang Seng Bank Ltd.		3,389,800		64,241,728

				147,933,530
CAPITAL MARKETS — 7.15%
Hong Kong Exchanges & Clearing Ltd.^a		5,125,000		134,787,569

				134,787,569
DIVERSIFIED FINANCIAL SERVICES — 0.35%
First Pacific Co. Ltd./Hong Kong		9,472,999		6,655,946

				6,655,946
DIVERSIFIED TELECOMMUNICATION SERVICES — 1.39%
HKT Trust & HKT Ltd.		11,726,500		15,299,412
PCCW Ltd.		18,826,169		10,946,223

				26,245,635
ELECTRIC UTILITIES — 8.74%
Cheung Kong Infrastructure Holdings Ltd.		2,934,000		24,510,994
CLP Holdings Ltd.		7,278,200		71,171,378
HK Electric Investments & HK Electric Investments Ltd.^b		11,730,000		10,343,795
Power Assets Holdings Ltd.		6,150,500		58,677,006

				164,703,173
EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) — 3.63%
Link REIT		9,936,500		68,406,993

				68,406,993
FOOD PRODUCTS — 1.57%
WH Group Ltd.^b		35,653,500		29,647,473

				29,647,473
GAS UTILITIES — 3.34%
Hong Kong & China Gas Co. Ltd.^a		33,822,912		62,965,694

				62,965,694
HOTELS, RESTAURANTS & LEISURE — 8.31%
Galaxy Entertainment Group Ltd.^a		10,414,000		51,689,711
Melco Crown Entertainment Ltd. ADR		841,966		16,553,052


Security	Shares		Value
MGM China Holdings Ltd.		4,228,288	$	9,386,929
Sands China Ltd.		10,734,800		52,866,812
Shangri-La Asia Ltd.		5,578,000		6,076,605
SJM Holdings Ltd.		8,815,000		7,136,870
Wynn Macau Ltd.^a		6,886,800		12,767,391

				156,477,370
HOUSEHOLD DURABLES — 1.26%
Techtronic Industries Co. Ltd.		6,088,647		23,744,989

				23,744,989
INDUSTRIAL CONGLOMERATES — 11.54%
CK Hutchison Holdings Ltd.		11,973,267		145,871,443
Jardine Matheson Holdings Ltd.		1,103,600		59,815,120
NWS Holdings Ltd.		6,786,000		11,723,154

				217,409,717
INSURANCE — 17.28%
AIA Group Ltd.		53,399,400		325,629,185

				325,629,185
REAL ESTATE MANAGEMENT & DEVELOPMENT — 23.27%
Cheung Kong Property Holdings Ltd.		11,929,267		81,664,646
Hang Lung Group Ltd.		3,925,000		14,421,496
Hang Lung Properties Ltd.		9,952,000		22,427,331
Henderson Land Development Co. Ltd.		4,828,966		26,676,619
Hongkong Land Holdings Ltd.		5,221,600		33,470,456
Hysan Development Co. Ltd.		2,779,000		12,252,944
Kerry Properties Ltd.		2,895,500		8,287,096
New World Development Co. Ltd.		25,023,066		27,872,766
Sino Land Co. Ltd.		13,646,000		21,463,029
Sun Hung Kai Properties Ltd.		6,416,000		83,956,863
Swire Pacific Ltd. Class A		2,403,500		23,936,928
Swire Properties Ltd.		5,175,800		15,647,542
Wharf Holdings Ltd. (The)		6,051,150		44,857,139
Wheelock & Co. Ltd.		3,598,357		21,386,070

				438,320,925
ROAD & RAIL — 1.74%
MTR Corp. Ltd.		6,546,083		32,744,551

				32,744,551
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT — 0.57%
ASM Pacific Technology Ltd.^a		1,077,200		10,769,709

				10,769,709


Security	Shares		Value
TEXTILES, APPAREL & LUXURY GOODS — 1.24%
Li & Fung Ltd.^a		26,060,000	$	11,422,972
Yue Yuen Industrial Holdings Ltd.		3,284,500		11,835,235

				23,258,207

TOTAL COMMON STOCKS (Cost: $2,028,648,170)				1,876,815,593

SHORT-TERM INVESTMENTS — 6.73%

MONEY MARKET FUNDS — 6.73%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^c,d,e		126,567,195		126,605,165
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^c,d		144,220		144,220

				126,749,385

TOTAL SHORT-TERM INVESTMENTS (Cost: $126,730,572)				126,749,385


	Value
TOTAL INVESTMENTS IN SECURITIES — 106.34% (Cost: $2,155,378,742)^f	$	2,003,564,978
Other Assets, Less Liabilities — (6.34)%		(119,500,340	)

NET ASSETS — 100.00%	$	1,884,064,638

ADR — American Depositary Receipts

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

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

^c	Affiliated money market fund.

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

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

^f	The cost of investments for federal income tax purposes was $2,172,081,166. Net unrealized depreciation was $168,516,188, of which $35,549,751 represented gross unrealized appreciation on securities and $204,065,939 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 99.76%

AEROSPACE & DEFENSE — 2.37%
Elbit Systems Ltd.		20,799	$	2,103,824

				2,103,824
AIRLINES — 0.12%
El Al Israel Airlines		131,291		106,844

				106,844
BANKS — 15.33%
Bank Hapoalim BM		876,623		5,272,680
Bank Leumi le-Israel BM^a		990,511		4,030,353
First International Bank of Israel Ltd.^b		43,419		595,696
Israel Discount Bank Ltd. Class A^a		948,118		1,933,875
Mizrahi Tefahot Bank Ltd.		126,286		1,769,170

				13,601,774
BUILDING PRODUCTS — 0.64%
Caesarstone Ltd.^a		20,973		570,466

				570,466
CHEMICALS — 4.82%
Frutarom Industries Ltd.		34,523		1,854,962
Israel Chemicals Ltd.		464,946		1,782,703
Israel Corp. Ltd. (The)^a,b		4,177		644,216

				4,281,881
COMMUNICATIONS EQUIPMENT — 1.37%
Ituran Location and Control Ltd.		23,623		589,394
Radware Ltd.^a,b		46,880		628,661

				1,218,055
CONSTRUCTION & ENGINEERING — 1.49%
Electra Ltd./Israel		2,920		416,001
Shapir Engineering and Industry Ltd.		173,236		371,649
Shikun & Binui Ltd.^b		287,781		533,167

				1,320,817
DIVERSIFIED TELECOMMUNICATION SERVICES — 4.06%
B Communications Ltd.		16,995		374,352
Bezeq The Israeli Telecommunication Corp. Ltd.		1,748,204		3,228,379

				3,602,731
ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS — 1.48%
Orbotech Ltd.^a		41,410		1,311,455

				1,311,455


Security	Shares		Value
EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) — 0.68%
REIT 1 Ltd.		204,392	$	599,757

				599,757
FOOD & STAPLES RETAILING — 0.97%
Rami Levy Chain Stores Hashikma Marketing 2006 Ltd.		10,590		417,092
Shufersal Ltd.		118,997		445,397

				862,489
FOOD PRODUCTS — 0.84%
Strauss Group Ltd.		48,115		746,216

				746,216
HEALTH CARE EQUIPMENT & SUPPLIES — 0.11%
Mazor Robotics Ltd.^a		8,392		98,719

				98,719
HOUSEHOLD DURABLES — 0.24%
SodaStream International Ltd.^a		5,729		208,650

				208,650
INDEPENDENT POWER AND RENEWABLE ELECTRICITY PRODUCERS — 0.32%
Kenon Holdings Ltd./Singapore^a,b		32,613		283,266

				283,266
INSURANCE — 2.94%
Clal Insurance Enterprises Holdings Ltd.^a		32,513		408,840
Harel Insurance Investments & Financial Services Ltd.		134,980		575,986
IDI Insurance Co. Ltd.		9,062		438,457
Menora Mivtachim Holdings Ltd.^a		43,898		389,299
Migdal Insurance & Financial Holding Ltd.^a,b		586,749		424,233
Phoenix Holdings Ltd. (The)^a		116,920		370,530

				2,607,345
INTERNET SOFTWARE & SERVICES — 1.45%
Wix.com Ltd.^a		26,087		1,291,307

				1,291,307
IT SERVICES — 0.58%
Formula Systems 1985 Ltd.		2,387		98,683
Matrix IT Ltd.^b		54,089		419,010

				517,693
MACHINERY — 0.34%
Kornit Digital Ltd.^a		26,496		302,054

				302,054


Security	Shares		Value
OIL, GAS & CONSUMABLE FUELS — 3.95%
Delek Group Ltd.^b		4,413	$	937,528
Jerusalem Oil Exploration^a		11,769		515,731
Naphtha Israel Petroleum Corp. Ltd.^a		63,966		368,554
Oil Refineries Ltd.^a,b		1,458,174		551,489
Paz Oil Co. Ltd.		6,788		1,131,363

				3,504,665
PHARMACEUTICALS — 23.64%
Neuroderm Ltd.^a		20,461		333,514
Taro Pharmaceutical Industries Ltd.^a,b		9,452		965,617
Teva Pharmaceutical Industries Ltd. ADR		522,046		19,681,134

				20,980,265
REAL ESTATE MANAGEMENT & DEVELOPMENT — 8.11%
Africa Israel Properties Ltd.		22,273		397,943
Airport City Ltd.^a		68,371		706,015
Alony Hetz Properties & Investments Ltd.		106,264		907,730
Amot Investments Ltd.		143,415		631,057
Azrieli Group Ltd.		38,974		1,700,709
Bayside Land Corp.		1,139		420,675
Big Shopping Centers Ltd.		1,539		102,763
Blue Square Real Estate Ltd.		2,436		101,344
Gazit-Globe Ltd.		102,557		929,832
Jerusalem Economy Ltd.^a		45,377		101,787
Melisron Ltd.		19,196		827,127
Norstar Holdings Inc.		23,176		369,592

				7,196,574
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT — 1.52%
Tower Semiconductor Ltd.^a		74,759		1,351,306

				1,351,306
SOFTWARE — 20.02%
Check Point Software Technologies Ltd.^a		98,194		8,084,312
CyberArk Software Ltd.^a		17,806		908,284
Mobileye NV^a,b		130,378		4,853,973
Nice Ltd.		51,321		3,389,363
Sapiens International Corp. NV		35,446		531,611

				17,767,543


Security	Shares		Value
SPECIALTY RETAIL — 0.54%
Delek Automotive Systems Ltd.		54,106	$	475,592

				475,592
TEXTILES, APPAREL & LUXURY GOODS — 0.47%
Delta-Galil Industries Ltd.^b		14,236		420,704

				420,704
WIRELESS TELECOMMUNICATION SERVICES — 1.36%
Cellcom Israel Ltd.^a		71,432		582,426
Partner Communications Co. Ltd.^a		126,056		621,419

				1,203,845

TOTAL COMMON STOCKS (Cost: $101,374,069)				88,535,837

SHORT-TERM INVESTMENTS — 11.78%

MONEY MARKET FUNDS — 11.78%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^c,d,e		10,428,382		10,431,510
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^c,d		22,813		22,813

				10,454,323

TOTAL SHORT-TERM INVESTMENTS (Cost: $10,451,908)				10,454,323


TOTAL INVESTMENTS IN SECURITIES — 111.54% (Cost: $111,825,977)^f				98,990,160
Other Assets, Less Liabilities — (11.54)%				(10,241,559	)

NET ASSETS — 100.00%			$	88,748,601

ADR — American Depositary Receipts

^a	Non-income earning security.

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

^c	Affiliated money market fund.

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

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

^f	The cost of investments for federal income tax purposes was $113,696,391. Net unrealized depreciation was $14,706,231, of which $4,431,870 represented gross unrealized appreciation on securities and $19,138,101 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 96.47%

AEROSPACE & DEFENSE — 2.77%
Leonardo-Finmeccanica SpA^a		1,027,196	$	13,348,203

				13,348,203
AUTOMOBILES — 6.90%
Ferrari NV		298,908		16,393,115
Fiat Chrysler Automobiles NV^b		2,187,674		16,917,787

				33,310,902
BANKS — 18.92%
Intesa Sanpaolo SpA		26,706,176		59,379,480
Mediobanca SpA		1,507,231		10,408,645
UniCredit SpA		10,021,474		21,495,431

				91,283,556
DIVERSIFIED FINANCIAL SERVICES — 2.44%
EXOR SpA		279,682		11,751,756

				11,751,756
DIVERSIFIED TELECOMMUNICATION SERVICES — 3.10%
Telecom Italia SpA/Milano^a		19,775,699		14,967,843

				14,967,843
ELECTRIC UTILITIES — 16.83%
Enel SpA		16,075,306		65,038,923
Terna Rete Elettrica Nazionale SpA		3,716,757		16,133,671

				81,172,594
ELECTRICAL EQUIPMENT — 2.49%
Prysmian SpA		501,923		12,017,166

				12,017,166
ENERGY EQUIPMENT & SERVICES — 4.63%
Saipem SpA^a		9,104,038		4,095,772
Tenaris SA		1,139,659		18,218,876

				22,314,648
INSURANCE — 7.57%
Assicurazioni Generali SpA		1,772,661		22,414,825
Poste Italiane SpA^c		1,196,959		7,446,989
UnipolSai SpA		3,476,543		6,638,248

				36,500,062


Security	Shares		Value
MACHINERY — 4.28%
CNH Industrial NV		2,418,939	$	20,630,719

				20,630,719
OIL, GAS & CONSUMABLE FUELS — 18.35%
Eni SpA		4,984,074		69,472,552
Snam SpA		4,915,840		19,054,593

				88,527,145
TEXTILES, APPAREL & LUXURY GOODS — 4.19%
Luxottica Group SpA		388,161		20,217,469

				20,217,469
TRANSPORTATION INFRASTRUCTURE — 4.00%
Atlantia SpA		867,174		19,281,061

				19,281,061
TOTAL COMMON STOCKS (Cost: $661,167,200)				465,323,124

PREFERRED STOCKS — 2.21%

BANKS — 0.86%
Intesa Sanpaolo SpA		2,001,564		4,155,217

				4,155,217
DIVERSIFIED TELECOMMUNICATION SERVICES — 1.35%
Telecom Italia SpA/Milano		10,437,643		6,521,555

				6,521,555
TOTAL PREFERRED STOCKS (Cost: $14,847,622)				10,676,772

SHORT-TERM INVESTMENTS — 2.62%

MONEY MARKET FUNDS — 2.62%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^d,e,f		12,094,775		12,098,403
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^d,e		539,339		539,339

				12,637,742

TOTAL SHORT-TERM INVESTMENTS (Cost: $12,637,742)				12,637,742


	Value
TOTAL INVESTMENTS IN SECURITIES — 101.30% (Cost: $688,652,564)^g	$	488,637,638
Other Assets, Less Liabilities — (1.30)%		(6,282,258	)

NET ASSETS — 100.00%	$	482,355,380

^a	Non-income earning security.

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

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

^d	Affiliated money market fund.

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

^f	All or a portion of this security represents an investment of securities lending collateral.

^g	The cost of investments for federal income tax purposes was $697,195,307. Net unrealized depreciation was $208,557,669, of which $7,837,299 represented gross unrealized appreciation on securities and $216,394,968 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 99.16%

AIR FREIGHT & LOGISTICS — 0.24%
Yamato Holdings Co. Ltd.		1,795,500	$	36,108,546

				36,108,546
AIRLINES — 0.23%
ANA Holdings Inc.		5,985,000		16,666,291
Japan Airlines Co. Ltd.		598,500		17,779,828

				34,446,119
AUTO COMPONENTS — 3.15%
Aisin Seiki Co. Ltd.		997,500		42,808,153
Bridgestone Corp.		3,242,800		124,281,957
Denso Corp.		2,394,000		104,630,480
Koito Manufacturing Co. Ltd.		598,500		31,305,103
NGK Spark Plug Co. Ltd.		798,000		16,429,927
NOK Corp.		399,000		7,966,343
Stanley Electric Co. Ltd.		598,500		16,571,745
Sumitomo Electric Industries Ltd.		3,790,500		53,308,844
Sumitomo Rubber Industries Ltd.		798,000		13,229,383
Toyoda Gosei Co. Ltd.		399,000		8,649,173
Toyota Industries Corp.		798,000		37,538,111
Yokohama Rubber Co. Ltd. (The)		399,000		7,237,992

				463,957,211
AUTOMOBILES — 9.76%
Fuji Heavy Industries Ltd.		2,992,500		121,990,105
Honda Motor Co. Ltd.		8,179,500		239,186,397
Isuzu Motors Ltd.		2,992,500		35,428,342
Mazda Motor Corp.		2,793,000		44,954,689
Mitsubishi Motors Corp.		3,391,500		15,745,346
Nissan Motor Co. Ltd.		11,970,000		110,986,046
Suzuki Motor Corp.		1,795,500		57,987,977
Toyota Motor Corp.		13,366,500		779,971,552
Yamaha Motor Co. Ltd.		1,396,500		32,245,307

				1,438,495,761
BANKS — 8.20%
Aozora Bank Ltd.		5,985,000		20,642,459
Bank of Kyoto Ltd. (The)		1,995,000		13,884,199
Chiba Bank Ltd. (The)		3,990,000		23,741,454
Chugoku Bank Ltd. (The)		798,000		10,827,224
Concordia Financial Group Ltd.		5,785,500		26,681,998
Fukuoka Financial Group Inc.		3,990,000		17,333,363


Security	Shares		Value
Hachijuni Bank Ltd. (The)		1,995,000	$	10,732,678
Hiroshima Bank Ltd. (The)		2,066,000		9,138,304
Japan Post Bank Co. Ltd.		1,995,000		23,618,895
Kyushu Financial Group Inc.		1,795,600		11,866,135
Mebuki Financial Group Inc.		4,705,580		17,179,528
Mitsubishi UFJ Financial Group Inc.		63,840,080		375,269,521
Mizuho Financial Group Inc.		120,298,580		213,896,988
Resona Holdings Inc.		10,972,500		52,972,682
Seven Bank Ltd.		2,793,000		7,990,855
Shinsei Bank Ltd.		8,367,000		13,437,720
Shizuoka Bank Ltd. (The)		2,751,000		22,332,485
Sumitomo Mitsui Financial Group Inc.		6,783,000		250,377,796
Sumitomo Mitsui Trust Holdings Inc.		1,619,832		58,996,031
Suruga Bank Ltd.		798,000		18,047,707
Yamaguchi Financial Group Inc.		922,000		9,629,032

				1,208,597,054
BEVERAGES — 1.08%
Asahi Group Holdings Ltd.		1,995,000		65,166,440
Kirin Holdings Co. Ltd.		4,189,500		68,516,681
Suntory Beverage & Food Ltd.		598,500		25,711,155

				159,394,276
BUILDING PRODUCTS — 1.45%
Asahi Glass Co. Ltd.		5,985,000		39,026,328
Daikin Industries Ltd.		1,197,000		112,561,806
LIXIL Group Corp.		1,396,500		31,179,043
TOTO Ltd.		798,000		30,709,816

				213,476,993
CAPITAL MARKETS — 1.34%
Daiwa Securities Group Inc.		7,980,000		48,141,226
Japan Exchange Group Inc.		2,593,500		38,557,102
Nomura Holdings Inc.		18,154,500		97,826,697
SBI Holdings Inc./Japan		997,510		12,536,174

				197,061,199
CHEMICALS — 4.19%
Air Water Inc.		598,500		10,268,704
Asahi Kasei Corp.		6,015,000		53,712,427
Daicel Corp.		1,396,500		15,442,450
Hitachi Chemical Co. Ltd.		598,500		13,183,861
JSR Corp.		997,500		14,409,452
Kaneka Corp.		1,995,000		15,950,195


Security	Shares		Value
Kansai Paint Co. Ltd.		1,197,000	$	22,008,118
Kuraray Co. Ltd.		1,795,500		25,495,801
Mitsubishi Chemical Holdings Corp.		6,583,500		41,571,181
Mitsubishi Gas Chemical Co. Inc.		1,001,000		15,233,086
Mitsui Chemicals Inc.		4,018,000		18,653,930
Nippon Paint Holdings Co. Ltd.		798,000		25,282,198
Nissan Chemical Industries Ltd.		598,500		19,985,892
Nitto Denko Corp.		800,400		55,464,991
Shin-Etsu Chemical Co. Ltd.		1,995,000		148,121,462
Sumitomo Chemical Co. Ltd.		7,980,000		36,627,671
Taiyo Nippon Sanso Corp.		598,500		6,576,173
Teijin Ltd.		800,800		14,885,202
Toray Industries Inc.		7,980,000		65,089,403

				617,962,197
COMMERCIAL SERVICES & SUPPLIES — 0.97%
Dai Nippon Printing Co. Ltd.		1,995,000		18,944,140
Park24 Co. Ltd.		598,500		17,070,736
Secom Co. Ltd.		997,500		72,826,385
Sohgo Security Services Co. Ltd.		399,000		16,300,364
Toppan Printing Co. Ltd.		1,995,000		18,156,260

				143,297,885
CONSTRUCTION & ENGINEERING — 0.95%
JGC Corp.		997,500		16,527,974
Kajima Corp.		4,049,000		28,498,820
Obayashi Corp.		3,192,000		30,478,705
Shimizu Corp.		2,270,000		20,997,674
Taisei Corp.		5,985,000		43,490,982

				139,994,155
CONSTRUCTION MATERIALS — 0.13%
Taiheiyo Cement Corp.		5,985,000		18,804,072

				18,804,072
CONSUMER FINANCE — 0.23%
Acom Co. Ltd.^a		1,995,000		9,577,120
AEON Financial Service Co. Ltd.		598,570		10,001,995
Credit Saison Co. Ltd.		798,000		14,363,930

				33,943,045
CONTAINERS & PACKAGING — 0.10%
Toyo Seikan Group Holdings Ltd.		798,000		15,085,278

				15,085,278
DIVERSIFIED CONSUMER SERVICES — 0.07%
Benesse Holdings Inc.		399,000		10,627,627

				10,627,627


Security	Shares		Value
DIVERSIFIED FINANCIAL SERVICES — 0.77%
Mitsubishi UFJ Lease & Finance Co. Ltd.		2,394,000	$	11,072,342
ORIX Corp.		6,583,500		102,931,285

				114,003,627
DIVERSIFIED TELECOMMUNICATION SERVICES — 0.95%
Nippon Telegraph & Telephone Corp.		3,458,300		140,371,561

				140,371,561
ELECTRIC UTILITIES — 1.22%
Chubu Electric Power Co. Inc.		3,192,000		44,975,699
Chugoku Electric Power Co. Inc. (The)		1,396,500		15,957,198
Hokuriku Electric Power Co.		798,000		8,670,183
Kansai Electric Power Co. Inc. (The)^a		3,591,000		35,549,151
Kyushu Electric Power Co. Inc.		2,194,500		21,666,703
Tohoku Electric Power Co. Inc.		2,194,500		25,672,636
Tokyo Electric Power Co. Holdings Inc.^a		7,182,000		26,787,924

				179,279,494
ELECTRICAL EQUIPMENT — 1.78%
Fuji Electric Co. Ltd.		2,159,000		10,648,629
Mabuchi Motor Co. Ltd.		210,700		11,779,007
Mitsubishi Electric Corp.		9,576,000		132,489,920
Nidec Corp.		1,197,000		107,571,899

				262,489,455
ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS — 4.87%
Alps Electric Co. Ltd.		997,500		25,150,884
Hamamatsu Photonics KK		798,000		21,255,255
Hirose Electric Co. Ltd.		199,560		23,976,273
Hitachi High-Technologies Corp.		399,000		15,792,619
Hitachi Ltd.		23,940,000		128,014,762
Keyence Corp.		225,926		155,111,598
Kyocera Corp.		1,596,000		76,140,735
Murata Manufacturing Co. Ltd.		997,500		135,033,898
Nippon Electric Glass Co. Ltd.		1,995,500		10,682,829
Omron Corp.		997,500		36,942,823
Shimadzu Corp.		908,000		13,889,543
TDK Corp.		598,500		40,391,987
Yaskawa Electric Corp.		1,197,000		18,436,395
Yokogawa Electric Corp.		1,197,000		16,650,533

				717,470,134


Security	Shares		Value
EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) — 1.36%
Daiwa House REIT Investment Corp.		5,985	$	14,953,965
Japan Prime Realty Investment Corp.		3,990		16,282,856
Japan Real Estate Investment Corp.		5,985		32,513,186
Japan Retail Fund Investment Corp.		11,980		24,413,147
Nippon Building Fund Inc.		7,980		44,611,523
Nippon Prologis REIT Inc.		7,980		16,591,004
Nomura Real Estate Master Fund Inc.		19,950		29,851,902
United Urban Investment Corp.		13,965		21,374,312

				200,591,895
FOOD & STAPLES RETAILING — 1.89%
Aeon Co. Ltd.		3,192,000		44,149,300
FamilyMart UNY Holdings Co. Ltd.^b		399,000		25,037,079
Lawson Inc.		399,000		27,733,380
Seven & I Holdings Co. Ltd.		3,790,580		147,538,043
Sundrug Co. Ltd.		199,500		13,936,724
Tsuruha Holdings Inc.		199,500		20,449,866

				278,844,392
FOOD PRODUCTS — 1.62%
Ajinomoto Co. Inc.		2,793,000		54,232,415
Calbee Inc.		399,000		12,483,523
Kikkoman Corp.		733,000		22,515,249
MEIJI Holdings Co. Ltd.		598,556		47,907,593
NH Foods Ltd.		883,000		22,829,593
Nisshin Seifun Group Inc.		997,575		14,034,075
Nissin Foods Holdings Co. Ltd.		399,000		20,870,069
Toyo Suisan Kaisha Ltd.		399,000		14,181,842
Yakult Honsha Co. Ltd.		399,000		17,578,481
Yamazaki Baking Co. Ltd.		598,500		11,918,000

				238,550,840
GAS UTILITIES — 0.66%
Osaka Gas Co. Ltd.		9,975,000		37,870,771
Toho Gas Co. Ltd.		1,995,000		15,862,653
Tokyo Gas Co. Ltd.		9,975,000		43,657,313

				97,390,737


Security	Shares		Value
HEALTH CARE EQUIPMENT & SUPPLIES — 1.68%
CYBERDYNE Inc.^a,b		598,500	$	7,852,539
Hoya Corp.		1,995,000		78,770,503
Olympus Corp.		1,396,500		49,268,770
Sysmex Corp.		798,000		48,253,280
Terumo Corp.		1,795,500		63,424,349

				247,569,441
HEALTH CARE PROVIDERS & SERVICES — 0.37%
Alfresa Holdings Corp.		798,000		12,767,160
Medipal Holdings Corp.		798,000		11,464,531
Miraca Holdings Inc.		399,000		17,928,650
Suzuken Co. Ltd./Aichi Japan		399,040		11,976,978

				54,137,319
HEALTH CARE TECHNOLOGY — 0.18%
M3 Inc.		997,500		25,851,222

				25,851,222
HOTELS, RESTAURANTS & LEISURE — 0.48%
McDonald’s Holdings Co. Japan Ltd.^b		399,000		11,012,813
Oriental Land Co. Ltd./Japan		1,036,700		59,293,290

				70,306,103
HOUSEHOLD DURABLES — 3.11%
Casio Computer Co. Ltd.		1,197,000		15,705,077
Iida Group Holdings Co. Ltd.		798,080		15,535,051
Nikon Corp.		1,795,500		26,472,772
Panasonic Corp.		10,972,515		112,089,231
Rinnai Corp.		199,500		17,035,719
Sekisui Chemical Co. Ltd.		2,002,000		30,431,033
Sekisui House Ltd.		2,992,500		49,111,194
Sharp Corp./Japan^a,b		7,980,000		13,236,386
Sony Corp.		6,184,500		178,460,099

				458,076,562
HOUSEHOLD PRODUCTS — 0.42%
Lion Corp.		1,200,000		19,588,398
Unicharm Corp.		1,995,000		42,624,314

				62,212,712
INDEPENDENT POWER AND RENEWABLE ELECTRICITY PRODUCERS — 0.12%
Electric Power Development Co. Ltd.		798,000		17,571,477

				17,571,477


Security	Shares		Value
INDUSTRIAL CONGLOMERATES — 0.69%
Keihan Holdings Co. Ltd.		1,995,000	$	12,746,149
Seibu Holdings Inc.		798,000		14,363,930
Toshiba Corp.^a		19,950,000		74,445,917

				101,555,996
INSURANCE — 3.04%
Dai-ichi Life Holdings Inc.		5,387,600		86,692,392
Japan Post Holdings Co. Ltd.		2,194,500		27,290,416
MS&AD Insurance Group Holdings Inc.		2,593,540		80,779,968
Sompo Holdings Inc.		1,795,550		58,745,978
Sony Financial Holdings Inc.		798,000		11,555,575
T&D Holdings Inc.		2,992,500		37,529,356
Tokio Marine Holdings Inc.		3,391,500		145,815,600

				448,409,285
INTERNET & DIRECT MARKETING RETAIL — 0.39%
Rakuten Inc.		4,588,500		45,423,915
Start Today Co. Ltd.		798,000		12,304,937

				57,728,852
INTERNET SOFTWARE & SERVICES — 0.39%
DeNA Co. Ltd.		399,000		12,203,388
Kakaku.com Inc.		798,000		12,571,065
Mixi Inc.		199,500		6,977,116
Yahoo Japan Corp.		6,982,500		25,492,299

				57,243,868
IT SERVICES — 0.94%
Fujitsu Ltd.		9,975,000		59,073,500
Nomura Research Institute Ltd.		637,640		21,712,609
NTT Data Corp.		598,500		29,886,919
Obic Co. Ltd.		399,000		17,613,498
Otsuka Corp.		199,500		9,752,205

				138,038,731
LEISURE PRODUCTS — 0.95%
Bandai Namco Holdings Inc.		997,598		28,585,348
Sankyo Co. Ltd.		199,500		6,329,304
Sega Sammy Holdings Inc.		997,500		14,969,722
Shimano Inc.		399,000		65,796,744
Yamaha Corp.		798,000		24,406,775

				140,087,893
MACHINERY — 5.34%
Amada Holdings Co. Ltd.		1,596,000		17,830,603
FANUC Corp.		997,500		169,000,285
Hino Motors Ltd.		1,197,000		12,196,384


Security	Shares		Value
Hitachi Construction Machinery Co. Ltd.		598,500	$	12,364,465
Hoshizaki Corp.		210,800		17,926,649
IHI Corp.^a		7,980,000		22,200,711
JTEKT Corp.		997,500		16,020,229
Kawasaki Heavy Industries Ltd.		7,980,000		25,282,198
Komatsu Ltd.		4,588,500		106,049,539
Kubota Corp.		5,187,000		78,639,190
Kurita Water Industries Ltd.		598,500		12,490,526
Makita Corp.		598,500		40,707,140
Minebea Co. Ltd.		1,795,500		17,869,121
Mitsubishi Heavy Industries Ltd.		15,960,000		70,986,248
Nabtesco Corp.		598,500		15,274,369
NGK Insulators Ltd.		1,197,000		22,964,079
NSK Ltd.		2,194,500		23,997,078
SMC Corp./Japan		274,600		78,371,074
Sumitomo Heavy Industries Ltd.		2,258,000		13,653,622
THK Co. Ltd.		599,100		12,939,445

				786,762,955
MARINE — 0.21%
Mitsui OSK Lines Ltd.		5,985,000		15,442,450
Nippon Yusen KK		7,980,000		14,847,163

				30,289,613
MEDIA — 0.51%
Dentsu Inc.		1,000,900		45,940,647
Hakuhodo DY Holdings Inc.		997,500		11,625,609
Toho Co. Ltd./Tokyo		598,500		17,254,574

				74,820,830
METALS & MINING — 1.44%
Hitachi Metals Ltd.		1,197,000		15,705,077
JFE Holdings Inc.		2,644,250		38,754,640
Kobe Steel Ltd.^a		1,601,600		15,166,321
Maruichi Steel Tube Ltd.		199,500		6,451,863
Mitsubishi Materials Corp.		600,600		17,842,213
Nippon Steel & Sumitomo Metal Corp.		4,000,370		86,119,686
Sumitomo Metal Mining Co. Ltd.		2,387,000		32,009,619

				212,049,419
MULTILINE RETAIL — 0.75%
Don Quijote Holdings Co. Ltd.		598,500		22,979,837
Isetan Mitsukoshi Holdings Ltd.		1,596,060		17,663,186
J Front Retailing Co. Ltd.		1,197,000		16,934,170
Marui Group Co. Ltd.		997,500		13,796,656


Security	Shares		Value
Ryohin Keikaku Co. Ltd.		113,600	$	22,362,087
Takashimaya Co. Ltd.		1,995,000		16,615,516

				110,351,452
OIL, GAS & CONSUMABLE FUELS — 0.82%
Idemitsu Kosan Co. Ltd.		399,000		9,062,372
INPEX Corp.		4,788,000		45,591,996
JX Holdings Inc.		10,374,095		39,731,933
Showa Shell Sekiyu KK		798,000		7,150,450
TonenGeneral Sekiyu KK		1,995,000		19,066,699

				120,603,450
PAPER & FOREST PRODUCTS — 0.11%
Oji Holdings Corp.		3,990,000		16,422,923

				16,422,923
PERSONAL PRODUCTS — 1.28%
Kao Corp.		2,394,000		110,660,389
Kose Corp.		199,500		16,055,246
Pola Orbis Holdings Inc.		199,500		15,529,993
Shiseido Co. Ltd.		1,795,500		45,838,865

				188,084,493
PHARMACEUTICALS — 5.21%
Astellas Pharma Inc.		10,773,050		149,335,491
Chugai Pharmaceutical Co. Ltd.		1,197,000		33,773,794
Daiichi Sankyo Co. Ltd.		2,992,569		62,559,124
Eisai Co. Ltd.		1,213,400		70,379,223
Hisamitsu Pharmaceutical Co. Inc.		217,400		10,493,659
Kyowa Hakko Kirin Co. Ltd.		1,396,500		20,001,650
Mitsubishi Tanabe Pharma Corp.		997,500		18,830,335
Ono Pharmaceutical Co. Ltd.		2,003,900		44,555,537
Otsuka Holdings Co. Ltd.		1,995,000		81,361,753
Santen Pharmaceutical Co. Ltd.		1,795,500		21,997,613
Shionogi & Co. Ltd.		1,596,000		75,776,559
Sumitomo Dainippon Pharma Co. Ltd.		798,000		13,089,315
Taisho Pharmaceutical Holdings Co. Ltd.		199,500		17,088,244
Takeda Pharmaceutical Co. Ltd.		3,591,000		147,648,734

				766,891,031
PROFESSIONAL SERVICES — 0.47%
Recruit Holdings Co. Ltd.		1,795,500		68,781,934

				68,781,934


Security	Shares		Value
REAL ESTATE MANAGEMENT & DEVELOPMENT — 3.32%
Aeon Mall Co. Ltd.		598,500	$	8,666,681
Daito Trust Construction Co. Ltd.		399,000		62,242,529
Daiwa House Industry Co. Ltd.		2,793,000		79,712,458
Hulic Co. Ltd.		1,396,500		13,162,851
Mitsubishi Estate Co. Ltd.		6,291,000		127,288,609
Mitsui Fudosan Co. Ltd.		4,477,000		105,712,129
Nomura Real Estate Holdings Inc.		598,500		9,727,693
Sumitomo Realty & Development Co. Ltd.		1,995,000		55,309,184
Tokyo Tatemono Co. Ltd.		997,500		12,921,234
Tokyu Fudosan Holdings Corp.		2,394,000		13,761,639

				488,505,007
ROAD & RAIL — 3.94%
Central Japan Railway Co.		720,000		118,035,894
East Japan Railway Co.		1,670,700		143,192,384
Hankyu Hanshin Holdings Inc.		1,197,000		37,975,822
Keikyu Corp.		1,999,000		21,561,025
Keio Corp.		2,890,000		23,131,160
Keisei Electric Railway Co. Ltd.		598,500		14,255,378
Kintetsu Group Holdings Co. Ltd.		8,247,000		31,990,645
Nagoya Railroad Co. Ltd.		3,990,000		19,644,478
Nippon Express Co. Ltd.		3,990,000		20,694,984
Odakyu Electric Railway Co. Ltd.		1,396,500		27,416,477
Tobu Railway Co. Ltd.		5,985,000		28,783,887
Tokyu Corp.		5,985,000		44,856,641
West Japan Railway Co.		798,000		48,722,506

				580,261,281
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT — 0.65%
Rohm Co. Ltd.		399,000		21,885,559
Tokyo Electron Ltd.		798,052		73,365,173

				95,250,732
SOFTWARE — 1.38%
Konami Holdings Corp.		491,400		16,689,789
LINE Corp.^a		199,500		7,721,225
Nexon Co. Ltd.		798,000		11,198,403
Nintendo Co. Ltd.		559,300		136,333,823
Oracle Corp. Japan		199,500		9,979,815
Trend Micro Inc./Japan		598,500		21,587,915

				203,510,970


Security	Shares		Value
SPECIALTY RETAIL — 1.33%
ABC-Mart Inc.		199,500	$	11,748,168
Fast Retailing Co. Ltd.		265,300		92,131,476
Hikari Tsushin Inc.		43,400		3,885,032
Nitori Holdings Co. Ltd.		399,000		41,810,172
Shimamura Co. Ltd.		108,100		12,921,339
USS Co. Ltd.		997,500		16,028,983
Yamada Denki Co. Ltd.		3,192,000		17,116,258

				195,641,428
TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS — 2.49%
Brother Industries Ltd.		1,197,000		20,547,913
Canon Inc.		5,386,550		154,158,055
FUJIFILM Holdings Corp.		2,194,500		81,832,731
Konica Minolta Inc.		2,194,500		21,031,147
NEC Corp.		13,321,000		34,838,369
Ricoh Co. Ltd.		3,192,000		25,800,448
Seiko Epson Corp.		1,396,500		28,102,808

				366,311,471
TEXTILES, APPAREL & LUXURY GOODS — 0.11%
ASICS Corp.		798,000		16,864,136

				16,864,136
TOBACCO — 1.31%
Japan Tobacco Inc.		5,586,000		193,447,330

				193,447,330
TRADING COMPANIES & DISTRIBUTORS — 3.72%
ITOCHU Corp.		7,581,000		103,923,138
Marubeni Corp.		8,179,500		44,958,716
MISUMI Group Inc.		1,396,500		25,075,598
Mitsubishi Corp.		7,581,000		164,434,082
Mitsui & Co. Ltd.		8,578,500		116,053,866
Sumitomo Corp.		5,785,500		69,307,188
Toyota Tsusho Corp.		997,500		25,028,325

				548,780,913
TRANSPORTATION INFRASTRUCTURE — 0.15%
Japan Airport Terminal Co. Ltd.^b		199,500		7,449,844


Security	Shares		Value
Kamigumi Co. Ltd.		1,195,000	$	11,011,892
Mitsubishi Logistics Corp.		260,000		3,529,949

				21,991,685
WIRELESS TELECOMMUNICATION SERVICES — 4.65%
KDDI Corp.		9,177,000		241,536,030
NTT DOCOMO Inc.		6,982,500		160,797,578
SoftBank Group Corp.		4,788,000		282,040,072

				684,373,680

TOTAL COMMON STOCKS (Cost: $15,938,729,125)				14,609,029,747

SHORT-TERM INVESTMENTS — 0.27%

MONEY MARKET FUNDS — 0.27%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^c,d,e		36,643,531		36,654,524
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^c,d		3,327,732		3,327,732

				39,982,256

TOTAL SHORT-TERM INVESTMENTS (Cost: $39,971,926)				39,982,256


TOTAL INVESTMENTS IN SECURITIES — 99.43% (Cost: $15,978,701,051)^f				14,649,012,003
Other Assets, Less Liabilities — 0.57%				83,391,604

NET ASSETS — 100.00%			$	14,732,403,607

^a	Non-income earning security.

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

^c	Affiliated money market fund.

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

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

^f	The cost of investments for federal income tax purposes was $16,184,004,094. Net unrealized depreciation was $1,534,992,091, of which $651,501,837 represented gross unrealized appreciation on securities and $2,186,493,928 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 99.28%

AEROSPACE & DEFENSE — 0.03%
Jamco Corp.^a		1,800	$	35,701

				35,701
AIR FREIGHT & LOGISTICS — 0.24%
Kintetsu World Express Inc.		7,200		102,555
Konoike Transport Co. Ltd.		5,400		73,599
Mitsui-Soko Holdings Co. Ltd.		18,000		52,762
Yusen Logistics Co. Ltd.		3,600		35,196

				264,112
AUTO COMPONENTS — 4.07%
Aisan Industry Co. Ltd.		7,200		58,702
Akebono Brake Industry Co. Ltd.^a,b		18,000		48,497
Calsonic Kansei Corp.		26,000		400,228
Daikyonishikawa Corp.		7,200		89,728
Eagle Industry Co. Ltd.		3,600		48,181
Exedy Corp.		5,400		149,046
FCC Co. Ltd.		5,400		93,740
Futaba Industrial Co. Ltd.		10,800		65,590
G-Tekt Corp.		3,600		66,885
Kasai Kogyo Co. Ltd.		5,400		59,713
Keihin Corp.		7,200		118,162
KYB Corp.		36,000		164,290
Mitsuba Corp.		5,400		77,153
Musashi Seimitsu Industry Co. Ltd.		3,600		89,601
NHK Spring Co. Ltd.		37,800		355,624
Nifco Inc./Japan		7,200		396,823
Nippon Seiki Co. Ltd.		8,000		162,815
Nissin Kogyo Co. Ltd.		7,200		106,157
Pacific Industrial Co. Ltd.		7,200		90,359
Piolax Inc.		1,800		108,526
Press Kogyo Co. Ltd.		18,000		78,828
Riken Corp.		1,800		66,032
Sanden Holdings Corp.		18,000		57,659
Showa Corp.		9,000		54,026
Sumitomo Riko Co. Ltd.		7,200		64,199
Tachi-S Co. Ltd.		5,400		80,565
Taiho Kogyo Co. Ltd.		3,600		50,551
Tokai Rika Co. Ltd.		9,000		177,164
Topre Corp.		5,400		128,146
Toyo Tire & Rubber Co. Ltd.		18,000		220,685
Toyota Boshoku Corp.		12,600		287,618
TPR Co. Ltd.		3,600		101,101


Security	Shares		Value
TS Tech Co. Ltd.		9,000	$	238,141
Unipres Corp.		7,200		138,446
Yorozu Corp.		3,600		50,804

				4,543,785
AUTOMOBILES — 0.13%
Nissan Shatai Co. Ltd.		14,400		142,679

				142,679
BANKS — 5.72%
77 Bank Ltd. (The)		54,000		255,439
Aichi Bank Ltd. (The)		1,800		101,891
Akita Bank Ltd. (The)		36,000		116,583
Aomori Bank Ltd. (The)		36,000		118,794
Awa Bank Ltd. (The)		36,000		212,945
Bank of Iwate Ltd. (The)		3,600		145,649
Bank of Nagoya Ltd. (The)		1,800		60,582
Bank of Okinawa Ltd. (The)		3,600		135,065
Bank of Saga Ltd. (The)		18,000		43,758
Bank of the Ryukyus Ltd.		7,200		93,266
Chiba Kogyo Bank Ltd. (The)		9,000		41,309
Chukyo Bank Ltd. (The)		1,800		37,234
Daishi Bank Ltd. (The)		54,000		227,478
Ehime Bank Ltd. (The)		5,400		64,689
Eighteenth Bank Ltd. (The)		36,000		107,736
Gunma Bank Ltd. (The)		59,400		302,878
Hokkoku Bank Ltd. (The)		54,000		188,143
Hokuetsu Bank Ltd. (The)		3,600		80,534
Hokuhoku Financial Group Inc.		21,600		351,454
Hyakugo Bank Ltd. (The)		36,000		137,751
Hyakujushi Bank Ltd. (The)		36,000		120,374
Iyo Bank Ltd. (The)		43,200		278,282
Jimoto Holdings Inc.		28,800		48,276
Juroku Bank Ltd. (The)		54,000		173,926
Kansai Urban Banking Corp.		5,400		61,229
Keiyo Bank Ltd. (The)		36,000		154,180
Kiyo Bank Ltd. (The)		10,800		164,922
Mie Bank Ltd. (The)		1,800		35,480
Minato Bank Ltd. (The)		3,600		61,545
Miyazaki Bank Ltd. (The)		36,000		114,371
Musashino Bank Ltd. (The)		5,400		145,254
Nanto Bank Ltd. (The)		3,600		131,274
Nishi-Nippon Financial Holdings Inc.^b		21,100		199,065
North Pacific Bank Ltd.		52,200		205,236
Ogaki Kyoritsu Bank Ltd. (The)		54,000		194,778
Oita Bank Ltd. (The)		18,000		64,452


Security	Shares		Value
San-in Godo Bank Ltd. (The)		25,200	$	193,072
Senshu Ikeda Holdings Inc.		41,400		179,487
Shiga Bank Ltd. (The)		36,000		188,301
Shikoku Bank Ltd. (The)		36,000		92,887
Tochigi Bank Ltd. (The)		18,000		78,512
Toho Bank Ltd. (The)		36,000		130,168
Tokyo TY Financial Group Inc.		5,430		179,896
TOMONY Holdings Inc.		23,400		121,164
Towa Bank Ltd. (The)		54,000		51,183
Tsukuba Bank Ltd.		14,400		42,463
Yamagata Bank Ltd. (The)		18,000		74,246
Yamanashi Chuo Bank Ltd. (The)		18,000		79,933

				6,387,134
BEVERAGES — 1.29%
Coca-Cola East Japan Co. Ltd.		10,866		230,490
Coca-Cola West Co. Ltd.		12,600		358,278
Ito EN Ltd.		9,000		298,565
Sapporo Holdings Ltd.		10,800		285,296
Takara Holdings Inc.		28,800		263,116

				1,435,745
BIOTECHNOLOGY — 0.53%
Japan Tissue Engineering Co. Ltd.^b		3,600		41,704
NanoCarrier Co. Ltd.^a,b		7,200		60,282
OncoTherapy Science Inc.^b		25,200		58,165
PeptiDream Inc.^b		5,400		270,130
SanBio Co. Ltd.^b		3,600		46,286
Takara Bio Inc.		9,000		115,398

				591,965
BUILDING PRODUCTS — 1.75%
Aica Kogyo Co. Ltd.		9,000		237,746
Bunka Shutter Co. Ltd.		9,000		68,638
Central Glass Co. Ltd.		36,000		142,806
Nichias Corp.		18,000		174,874
Nichiha Corp.		5,400		136,297
Nippon Sheet Glass Co. Ltd.^b		16,200		114,450
Nitto Boseki Co. Ltd.		36,000		140,594
Noritz Corp.		5,400		96,394
Okabe Co. Ltd.		7,200		63,820
Sankyo Tateyama Inc.		5,400		74,025
Sanwa Holdings Corp.		36,000		357,014
Sekisui Jushi Corp.		5,400		82,177
Takara Standard Co. Ltd.		9,000		149,441
Takasago Thermal Engineering Co. Ltd.		9,000		120,453

				1,958,729


Security	Shares		Value
CAPITAL MARKETS — 1.04%
Ichiyoshi Securities Co. Ltd.		7,200	$	51,814
Jafco Co. Ltd.		7,200		249,594
kabu.com Securities Co. Ltd.		25,200		80,944
Kyokuto Securities Co. Ltd.		3,600		52,510
Marusan Securities Co. Ltd.		9,000		73,457
Matsui Securities Co. Ltd.		18,000		139,014
Monex Group Inc.		32,400		76,774
Okasan Securities Group Inc.		36,000		207,574
Sawada Holdings Co. Ltd.		1,900		14,357
SPARX Group Co. Ltd.		16,200		32,131
Tokai Tokyo Financial Holdings Inc.		34,200		177,386

				1,155,555
CHEMICALS — 6.27%
Achilles Corp.		3,600		50,456
ADEKA Corp.		14,400		194,494
C Uyemura & Co. Ltd.		400		16,201
Chugoku Marine Paints Ltd.		14,400		98,448
Dainichiseika Color & Chemicals Manufacturing Co. Ltd.		18,000		95,888
Denka Co. Ltd.		72,000		319,101
DIC Corp.		14,400		446,742
Fujimi Inc.		3,600		62,493
Fujimori Kogyo Co. Ltd.		3,600		87,295
Ihara Chemical Industry Co. Ltd.		3,600		32,763
Ishihara Sangyo Kaisha Ltd.^b		7,200		60,534
JSP Corp.		1,800		44,990
Konishi Co. Ltd.		5,400		60,519
Kumiai Chemical Industry Co. Ltd.^a		7,200		42,968
Kureha Corp.		1,800		73,772
Lintec Corp.		9,000		191,540
Nihon Nohyaku Co. Ltd.		9,000		48,576
Nihon Parkerizing Co. Ltd.		16,200		188,238
Nippon Kayaku Co. Ltd.		24,000		279,714
Nippon Shokubai Co. Ltd.		4,200		258,388
Nippon Soda Co. Ltd.		18,000		78,354
NOF Corp.		27,000		250,937
Okamoto Industries Inc.		18,000		168,871
Osaka Soda Co. Ltd.		18,000		74,246
Sakai Chemical Industry Co. Ltd.		18,000		56,554
Sakata INX Corp.		7,200		94,656
Sanyo Chemical Industries Ltd.		1,800		76,300
Shin-Etsu Polymer Co. Ltd.		7,200		48,213
Showa Denko KK		23,400		317,079


Security	Shares		Value
Stella Chemifa Corp.		1,800	$	47,391
Sumitomo Bakelite Co. Ltd.		36,000		194,936
Taiyo Holdings Co. Ltd.		3,600		139,962
Takasago International Corp.		1,800		48,813
Tenma Corp.		3,600		58,670
Toagosei Co. Ltd.		18,000		174,874
Tokai Carbon Co. Ltd.		36,000		120,374
Tokuyama Corp.^b		54,000		212,787
Tokyo Ohka Kogyo Co. Ltd.		7,200		241,696
Tosoh Corp.		108,000		727,930
Toyo Ink SC Holdings Co. Ltd.		36,000		164,290
Toyobo Co. Ltd.		144,000		217,368
Ube Industries Ltd.		198,000		413,568
W-Scope Corp.^a		5,400		89,949
Zeon Corp.		36,000		324,472

				6,995,410
COMMERCIAL SERVICES & SUPPLIES — 1.65%
Aeon Delight Co. Ltd.		3,600		99,206
Bell System24 Holdings Inc.		5,400		44,216
Daiseki Co. Ltd.		7,260		138,962
Duskin Co. Ltd.		7,200		145,270
Itoki Corp.		7,200		47,075
Kokuyo Co. Ltd.		14,400		168,713
Kyodo Printing Co. Ltd.		18,000		60,345
Matsuda Sangyo Co. Ltd.		3,660		46,929
Mitsubishi Pencil Co. Ltd.		3,600		187,986
Nippon Kanzai Co. Ltd.		3,600		51,530
Nippon Parking Development Co. Ltd.		34,200		49,224
Nissha Printing Co. Ltd.^a		5,400		114,829
Okamura Corp.		12,600		107,594
Oyo Corp.		3,600		42,336
Pilot Corp.		5,400		224,398
Prestige International Inc.		7,200		51,056
Relia Inc.		7,200		69,570
Sato Holdings Corp.		5,400		107,010
Toppan Forms Co. Ltd.		9,000		86,094

				1,842,343
COMMUNICATIONS EQUIPMENT — 0.27%
Denki Kogyo Co. Ltd.		18,000		91,781
Hitachi Kokusai Electric Inc.		9,000		180,324
Icom Inc.		1,800		30,962

				303,067


Security	Shares		Value
CONSTRUCTION & ENGINEERING — 4.90%
Chiyoda Corp.		27,000	$	194,541
Chudenko Corp.		5,400		109,237
COMSYS Holdings Corp.		18,000		308,833
Daiho Corp.		18,000		90,675
Fudo Tetra Corp.		32,400		60,566
Hazama Ando Corp.		30,600		215,646
Hibiya Engineering Ltd.		3,600		51,878
Kandenko Co. Ltd.		18,000		168,239
Kinden Corp.		21,600		273,542
Kumagai Gumi Co. Ltd.		72,000		185,774
Kyowa Exeo Corp.		14,400		204,478
Kyudenko Corp.		7,200		202,835
Maeda Corp.		18,000		168,239
Maeda Road Construction Co. Ltd.		18,000		310,887
Mirait Holdings Corp.		10,800		103,787
Nippo Corp.		10,000		192,110
Nippon Densetsu Kogyo Co. Ltd.		5,400		87,626
Nippon Koei Co. Ltd.		18,000		78,670
Nippon Road Co. Ltd. (The)		18,000		69,665
Nishimatsu Construction Co. Ltd.		54,000		266,339
Okumura Corp.		36,000		210,417
OSJB Holdings Corp.		23,400		49,082
Penta-Ocean Construction Co. Ltd.		48,600		239,279
Raito Kogyo Co. Ltd.		7,200		80,249
Sanki Engineering Co. Ltd.		7,200		60,598
SHO-BOND Holdings Co. Ltd.		3,600		162,078
Sumitomo Densetsu Co. Ltd.		3,600		38,577
Sumitomo Mitsui Construction Co. Ltd.		144,000		160,498
Taikisha Ltd.		5,400		133,738
Takamatsu Construction Group Co. Ltd.		1,800		40,109
Tekken Corp.^a		18,000		55,448
Toa Corp./Tokyo		3,600		60,219
Toda Corp.		36,000		202,519
Tokyu Construction Co. Ltd.		14,440		118,871
Toshiba Plant Systems & Services Corp.		7,200		108,305
Totetsu Kogyo Co. Ltd.		5,400		144,069
Toyo Construction Co. Ltd.		12,600		45,669
Toyo Engineering Corp.		36,000		101,101
Yahagi Construction Co. Ltd.		5,400		46,917
Yokogawa Bridge Holdings Corp.		5,400		62,130

				5,463,440


Security	Shares		Value
CONSTRUCTION MATERIALS — 0.23%
Sumitomo Osaka Cement Co. Ltd.		72,000	$	255,281

				255,281
CONSUMER FINANCE — 0.65%
Aiful Corp.^b		55,800		172,868
Hitachi Capital Corp.		9,000		221,317
J Trust Co. Ltd.		12,600		108,810
Jaccs Co. Ltd.		18,000		83,883
Orient Corp.^b		75,600		134,022

				720,900
CONTAINERS & PACKAGING — 0.51%
FP Corp.		3,600		179,771
Fuji Seal International Inc.		3,600		146,281
Pack Corp. (The)		1,800		40,899
Rengo Co. Ltd.		34,200		203,198

				570,149
DISTRIBUTORS — 0.29%
Canon Marketing Japan Inc.		9,000		142,332
Doshisha Co. Ltd.		3,600		65,210
PALTAC Corp.		5,400		120,706

				328,248
DIVERSIFIED CONSUMER SERVICES — 0.06%
Meiko Network Japan Co. Ltd.		7,200		62,493

				62,493
DIVERSIFIED FINANCIAL SERVICES — 0.96%
Financial Products Group Co. Ltd.^a		12,600		100,959
Fuyo General Lease Co. Ltd.		3,600		170,609
IBJ Leasing Co. Ltd.		3,600		76,237
Japan Securities Finance Co. Ltd.		14,400		68,875
Ricoh Leasing Co. Ltd.		3,600		110,580
Tokyo Century Corp.		7,280		236,075
Zenkoku Hosho Co. Ltd.		9,000		306,069

				1,069,404
ELECTRIC UTILITIES — 0.57%
Hokkaido Electric Power Co. Inc.		32,400		236,009
Okinawa Electric Power Co. Inc. (The)		5,400		110,137
Shikoku Electric Power Co. Inc.^b		30,600		292,989

				639,135
ELECTRICAL EQUIPMENT — 1.57%
Chiyoda Integre Co. Ltd.^b		1,800		36,239
Cosel Co. Ltd.		3,600		36,712


Security	Shares		Value
Daihen Corp.		18,000	$	113,107
Denyo Co. Ltd.		3,600		45,938
Fujikura Ltd.		48,600		263,164
Furukawa Electric Co. Ltd.		12,600		390,899
Futaba Corp.		5,400		84,451
GS Yuasa Corp.		72,000		291,298
Idec Corp./Japan		5,400		48,339
Nissin Electric Co. Ltd.		9,000		102,918
Nitto Kogyo Corp.		5,400		76,253
Toyo Tanso Co. Ltd.		1,800		26,650
Ushio Inc.		19,800		239,626

				1,755,594
ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS — 3.93%
Ai Holdings Corp.		7,200		158,792
Amano Corp.		10,800		181,888
Anritsu Corp.		25,200		128,051
Azbil Corp.		10,800		293,826
Canon Electronics Inc.		3,600		53,963
Citizen Watch Co. Ltd.		48,600		298,139
Daiwabo Holdings Co. Ltd.		36,000		95,098
Dexerials Corp.^b		9,000		76,616
Elematec Corp.		1,800		29,177
Enplas Corp.		1,800		52,051
HORIBA Ltd.		7,200		321,629
Hosiden Corp.		10,800		88,622
Ibiden Co. Ltd.		19,800		270,035
Iriso Electronics Co. Ltd.		1,800		106,314
Japan Aviation Electronics Industry Ltd.^a		18,000		243,275
Japan Cash Machine Co. Ltd.^a		3,600		49,161
Japan Display Inc.^a,b		63,000		146,518
Kaga Electronics Co. Ltd.		3,600		59,808
Koa Corp.		5,400		50,187
Macnica Fuji Electronics Holdings Inc.		5,400		64,452
Maruwa Co. Ltd./Aichi		1,800		62,951
Mitsumi Electric Co. Ltd.^b		14,400		84,167
Nichicon Corp.		9,000		78,433
Nippon Ceramic Co. Ltd.		3,600		66,569
Nippon Signal Co. Ltd.		9,000		72,509
Nohmi Bosai Ltd.		3,600		56,838
Oki Electric Industry Co. Ltd.		14,400		194,873
Optex Co. Ltd.		1,800		45,243
Ryosan Co. Ltd.		5,400		163,026


Security	Shares		Value
Ryoyo Electro Corp.		3,600	$	43,474
SIIX Corp.		3,600		121,006
SMK Corp.		18,000		67,770
Taiyo Yuden Co. Ltd.		18,000		196,674
Topcon Corp.^a		18,000		268,393
Toyo Corp./Chuo-ku		3,600		30,172
UKC Holdings Corp.		3,600		66,158

				4,385,858
ENERGY EQUIPMENT & SERVICES — 0.16%
Modec Inc.		3,600		54,974
Shinko Plantech Co. Ltd.		9,000		63,741
Toyo Kanetsu KK		18,000		55,922

				174,637
EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) — 8.48%
Activia Properties Inc.		90		397,297
Advance Residence Investment Corp.		234		591,854
AEON REIT Investment Corp.		180		193,988
Comforia Residential REIT Inc.		90		194,067
Daiwa Office Investment Corp.		54		274,396
Frontier Real Estate Investment Corp.		90		402,036
Fukuoka REIT Corp.		126		202,029
Global One Real Estate Investment Corp.		36		134,117
GLP J-REIT		468		526,960
Hankyu REIT Inc.		90		117,846
Heiwa Real Estate REIT Inc.		144		99,206
Hoshino Resorts REIT Inc.		36		190,513
Hulic Reit Inc.		162		264,301
Ichigo Office REIT Investment		198		134,149
Industrial & Infrastructure Fund Investment Corp.		54		250,700
Invesco Office J-Reit Inc.		144		110,832
Invincible Investment Corp.		522		261,126
Japan Excellent Inc.		216		270,320
Japan Hotel REIT Investment Corp.		666		465,256
Japan Logistics Fund Inc.		162		320,176
Japan Rental Housing Investments Inc.		288		207,258
Kenedix Office Investment Corp.		72		385,449
Kenedix Residential Investment Corp.		72		189,439
Kenedix Retail REIT Corp.		72		162,710
LaSalle Logiport REIT		198		192,361
MCUBS MidCity Investment Corp.		54		162,315
Mitsui Fudosan Logistics Park Inc.^b		36		96,836


Security	Shares		Value
Mori Hills REIT Investment Corp.		252	$	334,393
MORI TRUST Sogo REIT Inc.		180		272,026
Nippon Accommodations Fund Inc.		90		372,811
NIPPON REIT Investment Corp.		72		172,694
Orix JREIT Inc.		432		656,275
Premier Investment Corp.		234		277,444
Sekisui House Reit Inc.		144		180,213
Sekisui House SI Residential Investment Corp.		180		192,409
TOKYU REIT Inc.		162		201,603

				9,457,405
FOOD & STAPLES RETAILING — 3.04%
Ain Holdings Inc.		3,600		252,438
Arcs Co. Ltd.		7,200		163,784
Axial Retailing Inc.		1,800		61,293
Belc Co. Ltd.		1,800		65,005
Cawachi Ltd.		3,600		85,083
Cocokara fine Inc.		3,600		132,380
Cosmos Pharmaceutical Corp.		1,800		330,633
Create SD Holdings Co. Ltd.		5,400		115,019
Daikokutenbussan Co. Ltd.		1,800		77,564
Heiwado Co. Ltd.		5,400		107,246
Kato Sangyo Co. Ltd.		3,600		79,649
Kobe Bussan Co. Ltd.		1,800		47,786
Kusuri no Aoki Holdings Co. Ltd.		1,800		76,853
Life Corp.		1,800		51,262
Matsumotokiyoshi Holdings Co. Ltd.		7,200		345,008
Ministop Co. Ltd.^a		3,600		60,218
Mitsubishi Shokuhin Co. Ltd.		1,800		52,051
Qol Co. Ltd.		3,600		46,254
San-A Co. Ltd.		3,600		174,084
Sogo Medical Co. Ltd.		1,800		54,895
Sugi Holdings Co. Ltd.		7,200		337,426
United Super Markets Holdings Inc.		9,000		74,088
Valor Holdings Co. Ltd.		7,200		172,631
Welcia Holdings Co. Ltd.		3,600		225,267
Yaoko Co. Ltd.		3,600		137,435
Yokohama Reito Co. Ltd.		7,200		65,716

				3,391,068
FOOD PRODUCTS — 4.91%
Ariake Japan Co. Ltd.		3,600		180,719
Dydo Drinco Inc.		1,800		89,254
Ezaki Glico Co. Ltd.		9,000		422,572
Fuji Oil Holdings Inc.		10,800		204,541


Security	Shares		Value
Fujicco Co. Ltd.		3,600	$	73,994
Fujiya Co. Ltd.^b		36,000		67,927
Hokuto Corp.		3,600		63,473
House Foods Group Inc.		10,800		217,431
Itoham Yonekyu Holdings Inc.^b		25,200		220,717
J-Oil Mills Inc.		1,800		58,923
Kagome Co. Ltd.		14,400		339,574
Kameda Seika Co. Ltd.		1,800		82,935
Kenko Mayonnaise Co. Ltd.		1,800		50,867
Kewpie Corp.		19,800		469,695
KEY Coffee Inc.		3,600		65,969
Kotobuki Spirits Co. Ltd.		3,600		83,156
Marudai Food Co. Ltd.		18,000		74,562
Maruha Nichiro Corp.		7,200		183,878
MEGMILK SNOW BRAND Co. Ltd.		9,000		252,754
Mitsui Sugar Co. Ltd.		3,600		75,036
Morinaga & Co. Ltd./Japan		7,200		285,927
Morinaga Milk Industry Co. Ltd.		36,000		247,698
Nichirei Corp.		23,400		475,414
Nippon Beet Sugar Manufacturing Co. Ltd.		3,600		70,297
Nippon Flour Mills Co. Ltd.		9,000		122,112
Nippon Suisan Kaisha Ltd.		50,400		227,352
Nisshin OilliO Group Ltd. (The)		18,000		76,932
Prima Meat Packers Ltd.		36,000		125,745
Riken Vitamin Co. Ltd.		1,800		70,060
Rock Field Co. Ltd.		5,400		68,149
Rokko Butter Co. Ltd.		3,600		79,996
S Foods Inc.^a		1,800		42,700
Sakata Seed Corp.		5,400		141,889
Showa Sangyo Co. Ltd.		18,000		92,887
Warabeya Nichiyo Holdings Co. Ltd.		3,600		75,952

				5,481,087
GAS UTILITIES — 0.10%
K&O Energy Group Inc.		3,600		53,742
Shizuoka Gas Co. Ltd.		9,000		62,240

				115,982
HEALTH CARE EQUIPMENT & SUPPLIES — 1.67%
Asahi Intecc Co. Ltd.		9,000		351,090
Eiken Chemical Co. Ltd.		3,600		94,498
Fukuda Denshi Co. Ltd.		1,800		98,732
Hogy Medical Co. Ltd.		1,800		106,157
JEOL Ltd.		18,000		71,245


Security	Shares		Value
Mani Inc.		3,600	$	76,774
Menicon Co. Ltd.		1,800		45,827
Nagaileben Co. Ltd.		3,600		74,941
Nakanishi Inc.		3,600		132,696
Nihon Kohden Corp.		14,400		324,283
Nikkiso Co. Ltd.		10,800		98,384
Nipro Corp.		23,400		258,346
Paramount Bed Holdings Co. Ltd.		3,600		132,380

				1,865,353
HEALTH CARE PROVIDERS & SERVICES — 0.76%
AS ONE Corp.		1,800		77,011
BML Inc.		3,600		83,219
Japan Lifeline Co. Ltd.		3,600		81,671
NichiiGakkan Co. Ltd.		7,200		55,353
Ship Healthcare Holdings Inc.		7,200		188,744
Toho Holdings Co. Ltd.		9,000		175,032
Tokai Corp./Gifu		1,800		57,659
Tsukui Corp.		10,800		67,959
Vital KSK Holdings Inc.		7,200		60,850

				847,498
HOTELS, RESTAURANTS & LEISURE — 3.47%
Accordia Golf Co. Ltd.		10,800		113,644
Atom Corp.		16,200		99,237
BRONCO BILLY Co. Ltd.		1,800		48,102
Colowide Co. Ltd.		10,800		179,708
Create Restaurants Holdings Inc.		9,000		79,538
Doutor Nichires Holdings Co. Ltd.		5,400		100,801
Fuji Kyuko Co. Ltd.^a		8,000		74,562
Fujita Kanko Inc.		18,000		51,972
Hiday Hidaka Corp.		2,480		58,787
Hiramatsu Inc.		5,400		29,383
HIS Co. Ltd.^a		7,200		199,043
Ichibanya Co. Ltd.		1,800		59,239
Kappa Create Co. Ltd.		5,400		58,576
Kisoji Co. Ltd.		3,600		72,130
KNT-CT Holdings Co. Ltd.^b		18,000		23,222
Komeda Holdings Co. Ltd.		5,400		81,892
Koshidaka Holdings Co. Ltd.		1,800		32,431
Kura Corp.		1,800		77,406
Kyoritsu Maintenance Co. Ltd.		3,640		221,381
MOS Food Services Inc.		5,400		161,367
Ohsho Food Service Corp.		1,800		65,558


Security	Shares		Value
Plenus Co. Ltd.		3,600	$	70,518
Resorttrust Inc.		14,400		279,925
Ringer Hut Co. Ltd.		3,600		66,063
Round One Corp.		12,600		88,132
Royal Holdings Co. Ltd.		5,400		91,702
Saizeriya Co. Ltd.		5,400		131,037
Skylark Co. Ltd.		18,000		252,754
St. Marc Holdings Co. Ltd.		3,600		111,843
Tokyo Dome Corp.		18,000		185,932
Tokyotokeiba Co. Ltd.		36,000		88,148
Toridoll Holdings Corp.		3,600		78,196
Tosho Co. Ltd.		1,800		79,459
WATAMI Co. Ltd.		3,600		34,564
Yoshinoya Holdings Co. Ltd.		10,800		147,577
Zensho Holdings Co. Ltd.		16,200		278,092

				3,871,921
HOUSEHOLD DURABLES — 2.25%
Alpine Electronics Inc.		7,200		93,203
Chofu Seisakusho Co. Ltd.		3,600		84,072
Clarion Co. Ltd.		18,000		58,765
Foster Electric Co. Ltd.		3,600		66,601
France Bed Holdings Co. Ltd.		3,600		28,782
Fujitsu General Ltd.		18,000		355,751
Haseko Corp.		50,400		523,705
JVC Kenwood Corp.		23,400		65,305
Misawa Homes Co. Ltd.		5,400		47,818
PanaHome Corp.		18,000		128,272
Pioneer Corp.^b		57,600		119,300
Pressance Corp.		7,200		90,170
Sangetsu Corp.		9,000		157,734
Starts Corp. Inc.		5,400		98,858
Sumitomo Forestry Co. Ltd.		23,400		321,392
Tamron Co. Ltd.		3,600		60,629
Token Corp.		1,820		126,503
Zojirushi Corp.		6,000		79,670

				2,506,530
HOUSEHOLD PRODUCTS — 0.52%
Earth Chemical Co. Ltd.		1,800		75,036
Pigeon Corp.		19,800		500,974

				576,010
INDEPENDENT POWER AND RENEWABLE ELECTRICITY PRODUCERS — 0.04%
eRex Co. Ltd.		1,800		46,317

				46,317


Security	Shares		Value
INDUSTRIAL CONGLOMERATES — 0.31%
Katakura Industries Co. Ltd.		3,600	$	40,409
Nisshinbo Holdings Inc.		21,600		210,038
TOKAI Holdings Corp.^a		14,400		95,288

				345,735
INSURANCE — 0.08%
Anicom Holdings Inc.		3,600		85,304

				85,304
INTERNET & DIRECT MARKETING RETAIL — 0.19%
ASKUL Corp.		3,600		130,010
Belluna Co. Ltd.		9,000		50,551
Senshukai Co. Ltd.		5,400		35,591

				216,152
INTERNET SOFTWARE & SERVICES — 0.92%
COOKPAD Inc.		9,000		81,039
CROOZ Inc.		1,800		39,667
Dip Corp.		5,400		113,881
F@N Communications Inc.		10,800		71,182
GMO Internet Inc.		12,600		173,500
Gree Inc.		19,800		105,651
Gurunavi Inc.		5,400		114,971
Infomart Corp.^a		7,200		73,551
Internet Initiative Japan Inc.		5,400		77,722
Istyle Inc.^a		5,400		35,354
SMS Co. Ltd.		5,400		135,444

				1,021,962
IT SERVICES — 1.84%
Digital Garage Inc.		7,200		126,756
DTS Corp.		3,600		79,997
GMO Payment Gateway Inc.^a		3,674		151,868
Ines Corp.		5,400		56,111
Information Services International-Dentsu Ltd.		1,800		29,272
Itochu Techno-Solutions Corp.		9,000		243,275
Kanematsu Electronics Ltd.		3,600		78,006
NEC Networks & System Integration Corp.		3,600		65,368
NET One Systems Co. Ltd.		14,400		97,563
Nihon Unisys Ltd.		10,800		133,833
NS Solutions Corp.		7,200		137,308
SCSK Corp.		9,056		315,921


Security	Shares		Value
TIS Inc.		14,448	$	304,949
TKC Corp.		3,600		97,626
Transcosmos Inc.		5,400		131,795

				2,049,648
LEISURE PRODUCTS — 0.56%
Fields Corp.^a		1,800		21,326
Heiwa Corp.		9,016		194,729
Mars Engineering Corp.		1,800		32,463
Mizuno Corp.		18,000		87,832
Tomy Co. Ltd.		10,800		110,232
Universal Entertainment Corp.^b		3,600		97,784
Yonex Co. Ltd.^a		1,800		86,568

				630,934
LIFE SCIENCES TOOLS & SERVICES — 0.09%
EPS Holdings Inc.		5,400		63,599
Linical Co. Ltd.		3,600		41,357

				104,956
MACHINERY — 6.60%
Aichi Corp.		5,400		40,235
Aida Engineering Ltd.		9,000		82,856
Anest Iwata Corp.		7,200		71,782
Asahi Diamond Industrial Co. Ltd.		9,000		66,664
Bando Chemical Industries Ltd.		9,000		80,249
CKD Corp.		9,000		108,684
Daifuku Co. Ltd.		16,200		314,204
Daiwa Industries Ltd.		5,400		42,510
DMG Mori Co. Ltd.		19,800		229,721
Ebara Corp.		16,200		422,825
Fuji Machine Manufacturing Co. Ltd.		12,600		143,532
Fujitec Co. Ltd.		9,000		99,127
Fukushima Industries Corp.		1,800		52,130
Furukawa Co. Ltd.		54,000		98,100
Glory Ltd.		10,800		354,013
Harmonic Drive Systems Inc.^a		5,400		142,885
Hirata Corp.		1,800		118,636
Hitachi Koki Co. Ltd.		9,000		82,619
Hitachi Zosen Corp.		28,800		153,421
Iseki & Co. Ltd.		36,000		71,719
Japan Steel Works Ltd. (The)		10,800		192,693
Kato Works Co. Ltd.		3,600		92,760
Kitz Corp.		14,400		83,282
Komori Corp.		9,000		115,477
Kyokuto Kaihatsu Kogyo Co. Ltd.		5,400		70,139


Security	Shares		Value
Makino Milling Machine Co. Ltd.		18,000	$	127,640
Max Co. Ltd.		4,000		47,251
Meidensha Corp.		36,000		115,319
METAWATER Co. Ltd.		1,800		45,243
Mitsui Engineering & Shipbuilding Co. Ltd.		126,000		181,351
Miura Co. Ltd.		16,200		245,392
Morita Holdings Corp.		5,400		77,627
Nachi-Fujikoshi Corp.		36,000		138,698
Namura Shipbuilding Co. Ltd.		9,000		56,396
Nippon Sharyo Ltd.^b		18,000		44,864
Nippon Thompson Co. Ltd.		10,800		40,756
Nitta Corp.		3,600		93,045
Nitto Kohki Co. Ltd.		1,800		38,719
Noritake Co. Ltd./Nagoya Japan		1,800		40,883
NTN Corp.		72,000		271,078
Obara Group Inc.		1,800		83,409
Oiles Corp.		3,696		67,014
OKUMA Corp.		18,000		158,129
OSG Corp.		14,400		285,738
Ryobi Ltd.		18,000		72,193
Shibuya Corp.		3,600		70,139
Shima Seiki Manufacturing Ltd.		5,400		163,974
Shinmaywa Industries Ltd.		18,000		151,968
Sintokogio Ltd.		7,200		58,260
Sodick Co. Ltd.		7,200		55,606
Star Micronics Co. Ltd.		7,200		98,321
Tadano Ltd.		18,000		192,409
Takeuchi Manufacturing Co. Ltd.		7,200		154,053
Takuma Co. Ltd.		18,000		151,652
Teikoku Sen-I Co. Ltd.		3,600		51,720
Tocalo Co. Ltd.		3,600		78,259
Toshiba Machine Co. Ltd.		18,000		67,927
Tsubakimoto Chain Co.		18,000		142,174
Tsugami Corp.		18,000		99,522
Tsukishima Kikai Co. Ltd.		5,400		59,239
Tsurumi Manufacturing Co. Ltd.		3,600		54,374
Union Tool Co.		1,800		44,642
YAMABIKO Corp.		5,400		63,504
Yushin Precision Equipment Co. Ltd.		1,800		41,752

				7,360,503
MARINE — 0.40%
Iino Kaiun Kaisha Ltd.		16,200		59,713
Kawasaki Kisen Kaisha Ltd.^a		162,000		356,856
NS United Kaiun Kaisha Ltd.		18,000		32,700

				449,269


Security	Shares		Value
MEDIA — 1.83%
Adways Inc.^a		5,400	$	23,459
Asatsu-DK Inc.		5,400		143,359
Avex Group Holdings Inc.		5,400		74,926
CyberAgent Inc.		18,000		439,317
Daiichikosho Co. Ltd.		7,200		282,136
Kadokawa Dwango^b		9,008		123,248
Next Co. Ltd.		9,000		63,267
Septeni Holdings Co. Ltd.		18,000		54,500
Shochiku Co. Ltd.		18,000		195,252
SKY Perfect JSAT Holdings Inc.		27,000		129,378
Toei Co. Ltd.		18,000		145,491
Tokyo Broadcasting System Holdings Inc.		7,200		113,044
TV Asahi Holdings Corp.		3,600		67,864
USEN Corp.		18,080		54,584
Vector Inc.		5,400		57,154
Zenrin Co. Ltd.		5,400		80,707

				2,047,686
METALS & MINING — 2.57%
Aichi Steel Corp.		1,800		83,409
Asahi Holdings Inc.		5,400		95,636
Daido Steel Co. Ltd.		54,000		222,265
Dowa Holdings Co. Ltd.		36,000		277,397
Godo Steel Ltd.		1,800		34,311
Kyoei Steel Ltd.		3,600		65,526
Mitsubishi Steel Manufacturing Co. Ltd.		36,000		71,719
Mitsui Mining & Smelting Co. Ltd.		108,000		252,122
Nakayama Steel Works Ltd.^b		3,600		22,369
Neturen Co. Ltd.		5,400		43,031
Nippon Denko Co. Ltd.		19,800		39,619
Nippon Light Metal Holdings Co. Ltd.		84,600		189,328
Nisshin Steel Co. Ltd.		16,200		208,285
Nittetsu Mining Co. Ltd.		1,800		82,619
Osaka Steel Co. Ltd.		1,800		32,937
OSAKA Titanium Technologies Co. Ltd.^a,b		3,600		50,867
Pacific Metals Co. Ltd.^a,b		36,000		120,690
Sanyo Special Steel Co. Ltd.		18,000		90,517
Toho Titanium Co. Ltd.^a		5,400		36,017
Toho Zinc Co. Ltd.		18,000		69,349
Tokyo Rope Manufacturing Co. Ltd.		3,600		66,600
Tokyo Steel Manufacturing Co. Ltd.		18,000		130,326


Security	Shares		Value
Topy Industries Ltd.		3,600	$	91,118
Toyo Kohan Co. Ltd.		9,000		29,698
UACJ Corp.		54,140		156,797
Yamato Kogyo Co. Ltd.		7,200		205,362
Yodogawa Steel Works Ltd.		3,600		99,838

				2,867,752
MULTILINE RETAIL — 0.90%
Fuji Co. Ltd./Ehime		3,600		70,265
H2O Retailing Corp.		14,435		216,756
Izumi Co. Ltd.		7,200		316,574
Kintetsu Department Store Co. Ltd.^b		18,000		55,764
Matsuya Co. Ltd.		5,400		48,150
Parco Co. Ltd.		3,600		32,163
Seria Co. Ltd.		3,600		259,704

				999,376
OIL, GAS & CONSUMABLE FUELS — 0.52%
Cosmo Energy Holdings Co. Ltd.		10,800		137,435
ITOCHU Enex Co. Ltd.		9,000		68,243
Japan Petroleum Exploration Co. Ltd.		5,400		110,279
Nippon Gas Co. Ltd.		7,200		207,890
San-Ai Oil Co. Ltd.		9,000		62,162

				586,009
PAPER & FOREST PRODUCTS — 0.67%
Daiken Corp.		3,600		63,378
Daio Paper Corp.^a		12,600		139,109
Hokuetsu Kishu Paper Co. Ltd.		23,400		134,718
Mitsubishi Paper Mills Ltd.^b		5,400		35,543
Nippon Paper Industries Co. Ltd.		18,000		312,467
Tokushu Tokai Paper Co. Ltd.		1,800		63,109

				748,324
PERSONAL PRODUCTS — 0.98%
Ci:z Holdings Co. Ltd.		5,400		140,278
Euglena Co. Ltd.^a,b		10,800		121,701
Fancl Corp.		7,200		99,901
Kobayashi Pharmaceutical Co. Ltd.		9,000		395,717
Mandom Corp.		3,600		155,127
Milbon Co. Ltd.		1,800		73,299
Noevir Holdings Co. Ltd.		3,600		113,107

				1,099,130
PHARMACEUTICALS — 2.56%
ASKA Pharmaceutical Co. Ltd.		3,600		53,615
JCR Pharmaceuticals Co. Ltd.		3,600		90,359
Kaken Pharmaceutical Co. Ltd.		5,700		304,147


Security	Shares		Value
Kissei Pharmaceutical Co. Ltd.		5,400	$	127,246
KYORIN Holdings Inc.		7,200		151,778
Mochida Pharmaceutical Co. Ltd.		1,800		125,587
Nichi-Iko Pharmaceutical Co. Ltd.		7,250		100,595
Nippon Shinyaku Co. Ltd.		9,000		420,203
Rohto Pharmaceutical Co. Ltd.		16,200		229,753
Sawai Pharmaceutical Co. Ltd.		5,400		290,509
Seikagaku Corp.		7,200		103,439
Sosei Group Corp.^a,b		3,000		371,758
Torii Pharmaceutical Co. Ltd.		1,800		37,613
Towa Pharmaceutical Co. Ltd.^a		1,800		65,163
Tsumura & Co.		10,800		293,352
ZERIA Pharmaceutical Co. Ltd.		5,400		88,006

				2,853,123
PROFESSIONAL SERVICES — 1.41%
Benefit One Inc.		3,600		84,957
en-japan Inc.		3,600		60,566
Funai Soken Holdings Inc.		5,000		78,020
JAC Recruitment Co. Ltd.		3,600		41,546
Meitec Corp.		5,400		203,546
Nihon M&A Center Inc.		10,800		295,722
Nomura Co. Ltd.		7,200		105,777
Outsourcing Inc.^a		1,800		57,264
Tanseisha Co. Ltd.		5,400		35,733
TechnoPro Holdings Inc.		5,400		172,267
Temp Holdings Co. Ltd.		25,200		389,683
Yumeshin Holdings Co. Ltd.^a		7,200		47,202

				1,572,283
REAL ESTATE MANAGEMENT & DEVELOPMENT — 1.72%
Ardepro Co. Ltd.^a		27,000		26,539
Daibiru Corp.		9,000		80,486
Daikyo Inc.		54,000		114,687
Goldcrest Co. Ltd.		3,600		68,528
Heiwa Real Estate Co. Ltd.		7,200		103,250
Ichigo Inc.		37,800		144,970
Kenedix Inc.		45,000		166,659
Leopalace21 Corp.		43,200		235,440
NTT Urban Development Corp.		21,600		186,911
Open House Co. Ltd.		5,400		134,023
Relo Group Inc.		1,800		248,014
Sumitomo Real Estate Sales Co. Ltd.		3,600		88,085
Takara Leben Co. Ltd.		14,400		85,304
TOC Co. Ltd.		10,800		93,740


Security	Shares		Value
Tosei Corp.		5,400	$	39,382
Unizo Holdings Co. Ltd.		3,600		103,155

				1,919,173
ROAD & RAIL — 2.09%
Fukuyama Transporting Co. Ltd.		18,000		98,732
Hitachi Transport System Ltd.		9,000		184,747
Nankai Electric Railway Co. Ltd.		90,000		413,094
Nikkon Holdings Co. Ltd.		10,800		226,720
Nishi-Nippon Railroad Co. Ltd.		54,000		240,748
Sankyu Inc.		54,000		315,152
Seino Holdings Co. Ltd.		25,200		281,093
Senko Co. Ltd.		18,000		127,640
Sotetsu Holdings Inc.		72,000		354,487
Trancom Co. Ltd.		1,800		87,990

				2,330,403
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT — 2.46%
Advantest Corp.		28,800		392,021
Disco Corp.		5,400		642,626
Japan Material Co. Ltd.		1,800		58,686
Lasertec Corp.		3,600		66,063
Megachips Corp.^a		3,600		85,589
Micronics Japan Co. Ltd.		5,400		47,723
Sanken Electric Co. Ltd.^b		18,000		76,616
SCREEN Holdings Co. Ltd.		7,200		430,945
Shindengen Electric Manufacturing Co. Ltd.		18,000		68,401
Shinko Electric Industries Co. Ltd.		12,600		77,738
Sumco Corp.		34,200		376,081
Tokyo Seimitsu Co. Ltd.		7,200		203,467
ULVAC Inc.		7,200		217,052

				2,743,008
SOFTWARE — 1.29%
Broadleaf Co. Ltd.		5,400		64,594
Capcom Co. Ltd.		9,000		197,306
COLOPL Inc.		9,000		76,379
Fuji Soft Inc.		3,600		83,819
GungHo Online Entertainment Inc.		68,400		152,474
Justsystems Corp.		5,400		51,372
Koei Tecmo Holdings Co. Ltd.		7,240		121,678
Marvelous Inc.^a		5,400		36,728
Miroku Jyoho Service Co. Ltd.		3,600		60,061
NSD Co. Ltd.		7,200		110,896


Security	Shares		Value
OBIC Business Consultants Co. Ltd.		1,800	$	76,142
Square Enix Holdings Co. Ltd.		16,200		409,887

				1,441,336
SPECIALTY RETAIL — 2.94%
Adastria Co. Ltd.		5,400		153,074
Alpen Co. Ltd.		3,600		69,855
AOKI Holdings Inc.		7,200		84,609
Aoyama Trading Co. Ltd.		9,000		306,859
Arcland Sakamoto Co. Ltd.		3,600		41,957
Asahi Co. Ltd.^a		3,600		39,777
Autobacs Seven Co. Ltd.		10,800		157,339
BIC Camera Inc.		16,200		144,164
Chiyoda Co. Ltd.		3,600		83,788
DCM Holdings Co. Ltd.^a		16,200		146,866
EDION Corp.^a		12,600		121,527
Geo Holdings Corp.		5,400		58,670
IDOM Inc.^a		10,800		53,837
Jin Co. Ltd.^a		1,800		75,747
Joshin Denki Co. Ltd.		7,000		58,484
Joyful Honda Co. Ltd.		5,400		152,363
K’s Holdings Corp.		14,400		266,908
Kohnan Shoji Co. Ltd.		5,400		102,507
Komeri Co. Ltd.		5,400		128,336
Nishimatsuya Chain Co. Ltd.		9,000		116,898
Nojima Corp.		3,600		42,241
PAL GROUP Holdings Co. Ltd.		1,800		46,886
PC Depot Corp.^a		6,840		33,616
Sac’s Bar Holdings Inc.		3,600		38,355
Sanrio Co. Ltd.		9,000		159,077
Shimachu Co. Ltd.		9,000		233,086
T-Gaia Corp.		5,400		80,897
United Arrows Ltd.		3,600		91,023
VT Holdings Co. Ltd.		12,600		61,703
Xebio Holdings Co. Ltd.		3,600		55,606
Yellow Hat Ltd.		3,600		73,836

				3,279,891
TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS — 0.65%
Eizo Corp.		3,600		106,472
Elecom Co. Ltd.		3,600		61,956
Hitachi Maxell Ltd.		7,200		126,693
Japan Digital Laboratory Co. Ltd.		3,600		76,205
MCJ Co. Ltd.		5,400		47,818
Melco Holdings Inc.		1,800		46,207


Security	Shares		Value
Riso Kagaku Corp.		3,600	$	62,525
Roland DG Corp.		1,800		45,448
Toshiba TEC Corp.^b		18,000		89,254
Wacom Co. Ltd.		25,200		67,896

				730,474
TEXTILES, APPAREL & LUXURY GOODS — 1.15%
Descente Ltd.		7,200		79,175
Fujibo Holdings Inc.		1,800		56,317
Gunze Ltd.		36,000		119,426
Japan Wool Textile Co. Ltd. (The)		16,200		113,739
Kurabo Industries Ltd.		36,000		72,982
Onward Holdings Co. Ltd.		18,000		118,636
Seiko Holdings Corp.		36,000		127,325
Seiren Co. Ltd.		9,000		115,793
TSI Holdings Co. Ltd.		12,600		72,651
Tsutsumi Jewelry Co. Ltd.		1,800		28,656
Unitika Ltd.^a,b		108,000		81,513
Wacoal Holdings Corp.		18,000		209,627
Yondoshi Holdings Inc.		3,600		82,998

				1,278,838
TRADING COMPANIES & DISTRIBUTORS — 2.36%
Hanwa Co. Ltd.		36,000		234,745
Inaba Denki Sangyo Co. Ltd.		3,600		122,428
Inabata & Co. Ltd.		7,200		76,395
Iwatani Corp.		36,000		195,568
Japan Pulp & Paper Co. Ltd.		18,000		54,974
Kamei Corp.		3,600		32,984
Kanamoto Co. Ltd.		5,400		123,691
Kanematsu Corp.		72,000		119,426
Kuroda Electric Co. Ltd.		5,400		108,905
MonotaRO Co. Ltd.^a		10,800		231,554
Nagase & Co. Ltd.		18,000		226,530
Nippon Steel & Sumikin Bussan Corp.		1,944		75,409
Nishio Rent All Co. Ltd.		3,600		96,678
Sojitz Corp.		216,000		549,739
Trusco Nakayama Corp.		3,600		163,658
Wakita & Co. Ltd.		7,200		59,334
Yamazen Corp.		9,000		70,850
Yuasa Trading Co. Ltd.		3,600		88,874

				2,631,742


Security	Shares		Value
TRANSPORTATION INFRASTRUCTURE — 0.13%
Nissin Corp.		18,000	$	53,552
Sumitomo Warehouse Co. Ltd. (The)		18,000		92,729

				146,281

TOTAL COMMON STOCKS
(Cost: $116,827,282)				110,779,827

SHORT-TERM INVESTMENTS — 4.06%

MONEY MARKET FUNDS — 4.06%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^c,d,e		4,472,273		4,473,615
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^c,d		49,782		49,782

				4,523,397

TOTAL SHORT-TERM INVESTMENTS
(Cost: $4,522,104)				4,523,397


TOTAL INVESTMENTS IN SECURITIES — 103.34%
(Cost: $121,349,386)^f				115,303,224
Other Assets, Less Liabilities — (3.34)%				(3,723,131	)

NET ASSETS — 100.00%			$	111,580,093


Security	Shares		Value
COMMON STOCKS — 99.65%

AIRLINES — 0.78%
AirAsia Bhd		3,272,600	$	2,022,476

				2,022,476
AUTOMOBILES — 0.54%
UMW Holdings Bhd^a		1,218,400		1,402,279

				1,402,279
BANKS — 27.49%
Alliance Financial Group Bhd		2,629,900		2,267,155
AMMB Holdings Bhd		4,724,437		4,421,887
CIMB Group Holdings Bhd		7,984,492		8,170,427
Hong Leong Bank Bhd		1,699,340		5,060,730
Hong Leong Financial Group Bhd		597,000		2,005,150
Malayan Banking Bhd^a		9,155,293		15,928,488
Public Bank Bhd		7,102,180		31,137,637
RHB Bank Bhd		2,087,402		2,290,253
RHB Bank Bhd New^b		1,621,200		4

				71,281,731
CHEMICALS — 3.70%
Petronas Chemicals Group Bhd		6,275,200		9,596,869

				9,596,869
CONSTRUCTION & ENGINEERING — 5.08%
Dialog Group Bhd		8,275,754		2,964,892
Gamuda Bhd		4,419,600		4,750,130
IJM Corp. Bhd		7,529,780		5,445,855

				13,160,877
CONSTRUCTION MATERIALS — 0.55%
Lafarge Malaysia Bhd		885,460		1,427,522

				1,427,522
DIVERSIFIED TELECOMMUNICATION SERVICES — 1.57%
Telekom Malaysia Bhd		2,949,000		4,074,189

				4,074,189
ELECTRIC UTILITIES — 10.73%
Tenaga Nasional Bhd		8,849,712		27,821,307

				27,821,307
ENERGY EQUIPMENT & SERVICES — 1.26%
Sapurakencana Petroleum Bhd^b		10,163,600		3,277,112

				3,277,112
FOOD PRODUCTS — 7.21%
Felda Global Ventures Holdings Bhd^a		3,337,000		1,150,690
Genting Plantations Bhd		616,800		1,477,779


Security	Shares		Value
IOI Corp. Bhd		5,911,830	$	5,758,276
Kuala Lumpur Kepong Bhd		1,116,200		5,968,396
PPB Group Bhd		1,238,866		4,338,527

				18,693,668
GAS UTILITIES — 3.28%
Petronas Gas Bhd		1,810,000		8,502,866

				8,502,866
HEALTH CARE EQUIPMENT & SUPPLIES — 0.73%
Hartalega Holdings Bhd		1,715,400		1,882,100

				1,882,100
HEALTH CARE PROVIDERS & SERVICES — 4.91%
IHH Healthcare Bhd		8,609,800		12,723,842

				12,723,842
HOTELS, RESTAURANTS & LEISURE — 7.65%
Berjaya Sports Toto Bhd		1,753,417		1,228,884
Genting Bhd		5,880,400		10,480,964
Genting Malaysia Bhd		7,758,900		8,113,314

				19,823,162
INDUSTRIAL CONGLOMERATES — 5.17%
HAP Seng Consolidated Bhd		1,626,700		2,892,073
Sime Darby Bhd		5,899,014		10,514,140

				13,406,213
MARINE — 1.85%
MISC Bhd		2,920,620		4,800,123

				4,800,123
MEDIA — 0.92%
Astro Malaysia Holdings Bhd		4,070,100		2,378,630

				2,378,630
MULTI-UTILITIES — 2.05%
YTL Corp. Bhd		11,292,712		3,641,179
YTL Power International Bhd		5,285,800		1,668,826

				5,310,005
OIL, GAS & CONSUMABLE FUELS — 1.03%
Petronas Dagangan Bhd		519,300		2,674,407

				2,674,407
REAL ESTATE MANAGEMENT & DEVELOPMENT — 0.73%
IOI Properties Group Bhd		4,036,200		1,888,862

				1,888,862


Security	Shares		Value
TOBACCO — 1.43%
British American Tobacco Malaysia Bhd		373,300	$	3,694,550

				3,694,550
TRANSPORTATION INFRASTRUCTURE — 2.08%
Malaysia Airports Holdings Bhd		1,948,200		2,770,056
Westports Holdings Bhd		2,677,100		2,619,554

				5,389,610
WIRELESS TELECOMMUNICATION SERVICES — 8.91%
Axiata Group Bhd		6,998,400		6,565,897
DiGi.Com Bhd^a		9,149,300		9,976,957
Maxis Bhd^a		4,908,900		6,562,054

				23,104,908

TOTAL COMMON STOCKS
(Cost: $160,649,934)				258,337,308

SHORT-TERM INVESTMENTS — 7.07%

MONEY MARKET FUNDS — 7.07%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^c,d,e		18,263,548		18,269,027
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^c,d		74,710		74,710

				18,343,737

TOTAL SHORT-TERM INVESTMENTS
(Cost: $18,340,490)				18,343,737


	Value
TOTAL INVESTMENTS IN SECURITIES — 106.72%
(Cost: $178,990,424)^f	$	276,681,045
Other Assets, Less Liabilities — (6.72)%		(17,426,770	)

NET ASSETS — 100.00%	$	259,254,275

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

^b	Non-income earning security.

^c	Affiliated money market fund.

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

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

^f	The cost of investments for federal income tax purposes was $204,011,591. Net unrealized appreciation was $72,669,454, of which $101,601,113 represented gross unrealized appreciation on securities and $28,931,659 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 99.73%

AIRLINES — 1.43%
Controladora Vuela Cia. de Aviacion SAB de CV Class A^a		7,655,100	$	11,329,810
Grupo Aeromexico SAB de CV^a,b		6,291,243		11,053,658

				22,383,468
AUTO COMPONENTS — 0.25%
Rassini SAB de CV		1,021,899		3,881,943

				3,881,943
BANKS — 12.36%
Banregio Grupo Financiero SAB de CV^b		2,729,900		14,679,921
Grupo Financiero Banorte SAB de CV		23,148,478		111,510,705
Grupo Financiero Inbursa SAB de CV Series O^b		25,039,092		34,319,058
Grupo Financiero Interacciones SA de CV Series O^b		1,439,100		5,367,673
Grupo Financiero Santander Mexico SAB de CV Series B^b		19,872,250		28,042,950

				193,920,307
BEVERAGES — 11.73%
Arca Continental SAB de CV		4,634,029		24,572,973
Coca-Cola Femsa SAB de CV Series L		3,709,247		23,468,495
Fomento Economico Mexicano SAB de CV		17,295,010		135,935,526

				183,976,994
BUILDING PRODUCTS — 0.34%
Elementia SAB de CV^a,b,c		5,046,090		5,299,350

				5,299,350
CAPITAL MARKETS — 0.44%
Bolsa Mexicana de Valores SAB de CV		5,242,487		6,972,911

				6,972,911
CHEMICALS — 1.77%
Mexichem SAB de CV		11,572,774		27,732,827

				27,732,827
CONSTRUCTION MATERIALS — 6.45%
Cemex SAB de CV CPO^a		129,474,132		101,251,965

				101,251,965


Security	Shares		Value
CONSUMER FINANCE — 1.80%
Credito Real SAB de CV SOFOM ER^b		3,360,974	$	4,843,020
Gentera SAB de CV		11,344,606		17,937,472
Unifin Financiera SAB de CV SOFOM ENR^b		2,292,148		5,539,894

				28,320,386
DIVERSIFIED TELECOMMUNICATION SERVICES — 1.00%
Axtel SAB de CV CPO^a,b		17,152,277		3,409,929
Telesites SAB de CV^a,b		20,822,646		12,225,581

				15,635,510
EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) — 4.96%
Concentradora Fibra Danhos SA de CV		447,300		700,473
Concentradora Fibra Hotelera Mexicana SA de CV^b		7,559,490		5,490,762
Fibra Shop Portafolios Inmobiliarios SAPI de CV		1,929,276		1,241,107
Fibra Uno Administracion SA de CV		27,256,000		42,296,892
Macquarie Mexico Real Estate Management SA de CV		10,113,600		10,186,466
PLA Administradora Industrial S. de RL de CV^b		7,656,300		10,598,585
Prologis Property Mexico SA de CV		5,000,400		7,369,011

				77,883,296
FOOD & STAPLES RETAILING — 5.31%
Grupo Comercial Chedraui SA de CV^b		4,444,100		8,103,468
La Comer SAB de CV^a,b		7,289,155		5,661,134
Wal-Mart de Mexico SAB de CV		37,736,633		69,583,974

				83,348,576
FOOD PRODUCTS — 6.12%
Gruma SAB de CV Series B		2,354,050		28,287,695
Grupo Bimbo SAB de CV		17,423,104		40,297,178
Grupo Herdez SAB de CV^b		3,323,444		6,746,725
Grupo Lala SAB de CV^b		7,432,300		11,239,664
Industrias Bachoco SAB de CV Series B		2,390,200		9,410,190

				95,981,452


Security	Shares		Value
GAS UTILITIES — 0.98%
Infraestructura Energetica Nova SAB de CV		3,491,500	$	15,453,160

				15,453,160
HOTELS, RESTAURANTS & LEISURE — 1.45%
Alsea SAB de CV		6,218,166		18,345,450
Hoteles City Express SAB de CV^a,b		5,595,500		4,449,615

				22,795,065
HOUSEHOLD DURABLES — 0.50%
Consorcio ARA SAB de CV		13,746,319		4,639,739
Corpovael SAB de CV^b		4,340,175		3,180,004

				7,819,743
HOUSEHOLD PRODUCTS — 1.86%
Kimberly-Clark de Mexico SAB de CV Series A		16,566,154		29,203,688

				29,203,688
INDUSTRIAL CONGLOMERATES — 4.03%
Alfa SAB de CV		29,991,351		39,817,556
Grupo Carso SAB de CV Series A1		6,318,633		23,484,420

				63,301,976
INSURANCE — 0.35%
Qualitas Controladora SAB de CV^b		3,610,800		5,488,733

				5,488,733
MACHINERY — 0.24%
Grupo Rotoplas SAB de CV^b		2,788,900		3,725,799

				3,725,799
MEDIA — 4.78%
Grupo Televisa SAB		17,214,247		71,497,249
TV Azteca SAB de CV CPO^b		23,105,939		3,543,907

				75,041,156
METALS & MINING — 9.40%
Grupo Mexico SAB de CV Series B		35,129,786		96,607,984
Industrias CH SAB de CV Series B^a,b		1,933,383		10,903,817
Industrias Penoles SAB de CV		1,502,343		32,419,348
Minera Frisco SAB de CV Series A1^a,b		9,694,603		7,477,239

				147,408,388


Security	Shares		Value
MULTILINE RETAIL — 1.23%
El Puerto de Liverpool SAB de CV Series C1^b		2,135,040	$	16,927,016
Grupo Famsa SAB de CV Series A^a,b		7,014,087		2,384,567

				19,311,583
PHARMACEUTICALS — 0.69%
Genomma Lab Internacional SAB de CV Series B^a		10,048,193		10,793,004

				10,793,004
REAL ESTATE MANAGEMENT & DEVELOPMENT — 0.80%
Corp Inmobiliaria Vesta SAB de CV^b		6,850,149		8,247,951
Grupo GICSA SA de CV^a,b		8,223,366		4,257,793

				12,505,744
TRANSPORTATION INFRASTRUCTURE — 7.12%
Grupo Aeroportuario del Centro Norte SAB de CV		2,600,292		12,306,376
Grupo Aeroportuario del Pacifico SAB de CV Series B		3,839,249		32,857,483
Grupo Aeroportuario del Sureste SAB de CV Series B		2,230,660		32,380,390
OHL Mexico SAB de CV^a		9,731,100		8,403,754
Promotora y Operadora de Infraestructura SAB de CV		2,916,865		25,832,546

				111,780,549
WIRELESS TELECOMMUNICATION SERVICES — 12.34%
America Movil SAB de CV		316,599,518		193,617,094

				193,617,094

TOTAL COMMON STOCKS
(Cost: $2,132,624,389)				1,564,834,667


Security	Shares		Value
SHORT-TERM INVESTMENTS — 2.16%

MONEY MARKET FUNDS — 2.16%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^d,e,f		32,707,593	$	32,717,406
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^d,e		1,154,002		1,154,002

				33,871,408

TOTAL SHORT-TERM INVESTMENTS
(Cost: $33,864,989)				33,871,408


TOTAL INVESTMENTS IN SECURITIES — 101.89%
(Cost: $2,166,489,378)^g				1,598,706,075
Other Assets, Less Liabilities — (1.89)%				(29,709,917	)

NET ASSETS — 100.00%			$	1,568,996,158


Security	Shares		Value
COMMON STOCKS — 99.79%

AIR FREIGHT & LOGISTICS — 0.50%
PostNL NV^a		163,753	$	807,747

				807,747
BANKS — 13.72%
ABN AMRO Group NV^b		107,956		2,336,202
ING Groep NV		1,470,440		20,043,974

				22,380,176
BEVERAGES — 7.90%
Coca-Cola European Partners PLC		86,038		2,861,286
Heineken Holding NV		40,704		2,862,322
Heineken NV		90,279		6,772,709
Refresco Group NV^b		27,333		396,214

				12,892,531
CAPITAL MARKETS — 0.47%
BinckBank NV		23,567		129,549
Flow Traders^b		11,080		351,200
Intertrust NV^b		16,630		290,108

				770,857
CHEMICALS — 6.82%
Akzo Nobel NV		95,042		5,924,214
Corbion NV		22,964		570,029
Koninklijke DSM NV		69,888		4,242,129
OCI NV^a,c		26,045		379,202

				11,115,574
CONSTRUCTION & ENGINEERING — 1.07%
Arcadis NV		24,904		289,675
Boskalis Westminster		34,455		1,076,393
Koninklijke BAM Groep NV		87,077		376,875

				1,742,943
DIVERSIFIED FINANCIAL SERVICES — 0.00%
SNS REAAL NV^a,c		68,952		1

				1
DIVERSIFIED TELECOMMUNICATION SERVICES — 2.34%
Koninklijke KPN NV		1,321,287		3,811,007

				3,811,007
ELECTRICAL EQUIPMENT — 0.78%
Kendrion NV		5,167		146,621
Philips Lighting NV^a,b		19,066		436,864


Security	Shares		Value
SIF Holding NV^a		5,747	$	90,166
TKH Group NV		16,178		599,799

				1,273,450
ENERGY EQUIPMENT & SERVICES — 0.82%
Fugro NV CVA^a,c		21,443		352,802
SBM Offshore NV		68,528		989,735

				1,342,537
EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) — 1.21%
Eurocommercial Properties NV		20,677		740,497
NSI NV		65,096		250,665
VastNed Retail NV		8,433		310,104
Wereldhave NV		16,236		678,764

				1,980,030
FOOD & STAPLES RETAILING — 4.67%
Koninklijke Ahold Delhaize NV^a		386,039		7,620,982

				7,620,982
FOOD PRODUCTS — 0.23%
Wessanen		30,729		369,165

				369,165
HOTELS, RESTAURANTS & LEISURE — 0.15%
Basic-Fit NV^a,b		13,965		238,655

				238,655
HOUSEHOLD DURABLES — 0.19%
TomTom NV^a,c		39,077		313,508

				313,508
INDUSTRIAL CONGLOMERATES — 6.38%
Koninklijke Philips NV		361,633		10,411,452

				10,411,452
INSURANCE — 5.44%
Aegon NV		693,141		3,527,892
ASR Nederland NV^a		23,016		481,837
Delta Lloyd NV		172,319		993,130
NN Group NV		120,317		3,871,086

				8,873,945
IT SERVICES — 0.60%
InterXion Holding NV^a		28,415		970,656

				970,656
LEISURE PRODUCTS — 0.14%
Accell Group		10,465		222,691

				222,691


Security	Shares		Value
MACHINERY — 0.73%
Aalberts Industries NV		39,157	$	1,194,210

				1,194,210
MEDIA — 1.93%
Altice NV Class A^a,c		143,027		2,465,499
Altice NV Class B^a		38,911		676,733

				3,142,232
METALS & MINING — 0.08%
AMG Advanced Metallurgical Group NV		8,608		137,518

				137,518
OIL, GAS & CONSUMABLE FUELS — 0.89%
Koninklijke Vopak NV		27,430		1,283,210
VTTI Energy Partners LP		9,534		170,182

				1,453,392
PERSONAL PRODUCTS — 15.36%
Unilever NV CVA		623,408		25,047,156

				25,047,156
PROFESSIONAL SERVICES — 7.90%
Brunel International NV		9,475		139,660
Randstad Holding NV		45,365		2,305,581
RELX NV		385,074		6,225,333
Wolters Kluwer NV		116,811		4,215,523

				12,886,097
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT — 16.43%
ASM International NV		18,569		789,496
ASML Holding NV		140,010		14,498,773
BE Semiconductor Industries NV		13,269		440,641
NXP Semiconductors NV^a		111,694		11,074,460

				26,803,370
SOFTWARE — 0.97%
Gemalto NV		30,949		1,579,813

				1,579,813
TRADING COMPANIES & DISTRIBUTORS — 2.07%
AerCap Holdings NV^a		60,275		2,582,784
IMCD Group NV		19,593		793,335

				3,376,119

TOTAL COMMON STOCKS
(Cost: $181,050,874)				162,757,814


Security	Shares		Value
SHORT-TERM INVESTMENTS — 2.40%

MONEY MARKET FUNDS — 2.40%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^d,e,f		3,853,591	$	3,854,747
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^d,e		61,570		61,570

				3,916,317

TOTAL SHORT-TERM INVESTMENTS
(Cost: $3,915,248)				3,916,317


TOTAL INVESTMENTS IN SECURITIES — 102.19%
(Cost: $184,966,122)^g				166,674,131
Other Assets, Less Liabilities — (2.19)%				(3,566,899	)

NET ASSETS — 100.00%			$	163,107,232

^a	Non-income earning security.

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

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

^d	Affiliated money market fund.

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

^f	All or a portion of this security represents an investment of securities lending collateral.

^g	The cost of investments for federal income tax purposes was $189,470,226. Net unrealized depreciation was $22,796,095, of which $1,447,090 represented gross unrealized appreciation on securities and $24,243,185 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 99.38%

AUSTRALIA — 59.13%
AGL Energy Ltd.		1,041,777	$	16,148,658
Alumina Ltd.		3,779,644		4,621,735
Amcor Ltd./Australia		1,788,281		18,999,879
AMP Ltd.		4,563,735		15,848,000
APA Group		1,719,091		10,123,096
Aristocrat Leisure Ltd.		835,703		9,261,885
ASX Ltd.		299,948		10,783,860
Aurizon Holdings Ltd.		3,170,211		11,664,703
AusNet Services		2,732,257		2,997,811
Australia & New Zealand Banking Group Ltd.		4,518,107		94,838,336
Bank of Queensland Ltd.^a		588,115		4,884,102
Bendigo & Adelaide Bank Ltd.		713,966		6,356,540
BHP Billiton Ltd.		4,956,622		89,394,286
Boral Ltd.		1,670,532		6,208,390
Brambles Ltd.		2,448,952		21,314,824
Caltex Australia Ltd.		402,985		8,947,249
Challenger Ltd./Australia		883,014		6,948,217
CIMIC Group Ltd.		150,535		3,427,885
Coca-Cola Amatil Ltd.		887,128		6,285,807
Cochlear Ltd.		88,638		7,773,683
Commonwealth Bank of Australia		2,647,546		153,850,326
Computershare Ltd.		717,332		6,148,007
Crown Resorts Ltd.		563,431		4,887,255
CSL Ltd.		704,429		51,005,790
Dexus Property Group		1,496,000		10,080,513
Domino’s Pizza Enterprises Ltd.		94,809		4,747,963
DUET Group		3,752,529		6,598,682
Flight Centre Travel Group Ltd.^a		85,459		2,108,922
Fortescue Metals Group Ltd.		2,401,080		10,413,600
Goodman Group		2,752,640		13,585,701
GPT Group (The)		2,775,641		9,925,784
Harvey Norman Holdings Ltd.		858,891		3,014,310
Healthscope Ltd.		2,678,401		4,452,606
Incitec Pivot Ltd.		2,599,674		6,050,421
Insurance Australia Group Ltd.		3,756,269		15,514,032
James Hardie Industries PLC		688,347		10,588,741
LendLease Group		854,403		8,591,660
Macquarie Group Ltd.		472,549		29,293,077
Medibank Pvt Ltd.		4,253,315		8,170,659
Mirvac Group		5,725,753		8,672,467
National Australia Bank Ltd.		4,100,349		87,644,655


Security	Shares		Value
Newcrest Mining Ltd.		1,182,775	$	17,075,871
Oil Search Ltd.		2,115,157		10,079,953
Orica Ltd.		578,391		7,256,303
Origin Energy Ltd.		2,704,020		11,867,316
Qantas Airways Ltd.		739,211		1,802,348
QBE Insurance Group Ltd.		2,114,970		17,454,747
Ramsay Health Care Ltd.		218,416		11,427,079
REA Group Ltd.		82,654		3,152,376
Rio Tinto Ltd.		654,500		27,926,584
Santos Ltd.		2,463,164		7,152,240
Scentre Group		8,217,715		25,743,827
Seek Ltd.		509,575		5,575,956
Sonic Healthcare Ltd.		609,433		9,816,092
South32 Ltd.		8,216,032		16,450,822
Stockland		3,701,104		11,840,645
Suncorp Group Ltd.		1,985,379		18,336,212
Sydney Airport		1,691,415		7,848,127
Tabcorp Holdings Ltd.		1,286,747		4,458,843
Tatts Group Ltd.		2,263,074		7,005,981
Telstra Corp. Ltd.		6,602,596		24,635,551
TPG Telecom Ltd.		521,543		2,751,342
Transurban Group		3,150,202		24,532,126
Treasury Wine Estates Ltd.		1,140,513		9,092,386
Vicinity Centres		5,192,242		11,201,958
Vocus Communications Ltd.		799,986		2,464,760
Wesfarmers Ltd.		1,738,726		53,672,987
Westfield Corp.		3,045,856		20,568,932
Westpac Banking Corp.		5,164,566		119,321,277
Woodside Petroleum Ltd.		1,170,246		25,610,520
Woolworths Ltd.		1,974,533		33,393,841

				1,361,691,119
HONG KONG — 27.49%
AIA Group Ltd.		18,625,214		113,576,431
ASM Pacific Technology Ltd.		374,000		3,739,204
Bank of East Asia Ltd. (The)^a		1,870,920		7,754,646
BOC Hong Kong Holdings Ltd.^a		5,703,500		21,397,362
Cathay Pacific Airways Ltd.^a		1,814,000		2,455,570
Cheung Kong Infrastructure Holdings Ltd.		1,011,208		8,447,755
Cheung Kong Property Holdings Ltd.		4,114,232		28,164,958
CK Hutchison Holdings Ltd.		4,207,732		51,263,197
CLP Holdings Ltd.		2,524,500		24,686,343
First Pacific Co. Ltd./Hong Kong		3,366,500		2,365,380


Security	Shares		Value
Galaxy Entertainment Group Ltd.		3,553,000	$	17,635,255
Hang Lung Group Ltd.		1,309,000		4,809,615
Hang Lung Properties Ltd.		3,461,736		7,801,196
Hang Seng Bank Ltd.		1,178,100		22,326,739
Henderson Land Development Co. Ltd.		1,684,820		9,307,438
HK Electric Investments & HK Electric Investments Ltd.^b		4,114,000		3,627,824
HKT Trust & HKT Ltd.		4,197,338		5,476,212
Hong Kong & China Gas Co. Ltd.^a		11,903,852		22,160,549
Hong Kong Exchanges & Clearing Ltd.^a		1,776,600		46,724,604
Hongkong Land Holdings Ltd.		1,813,900		11,627,099
Hysan Development Co. Ltd.^a		935,830		4,126,187
Kerry Properties Ltd.		998,500		2,857,767
Li & Fung Ltd.^a		9,119,200		3,997,251
Link REIT		3,469,086		23,882,629
Melco Crown Entertainment Ltd. ADR		293,029		5,760,950
MGM China Holdings Ltd.		1,496,000		3,321,166
MTR Corp. Ltd.		2,244,286		11,226,276
New World Development Co. Ltd.		8,789,921		9,790,943
NWS Holdings Ltd.		2,363,000		4,082,200
PCCW Ltd.		6,545,867		3,806,007
Power Assets Holdings Ltd.		2,150,500		20,516,202
Sands China Ltd.		3,720,400		18,322,250
Shangri-La Asia Ltd.		1,947,000		2,121,038
Sino Land Co. Ltd.		4,726,800		7,434,519
SJM Holdings Ltd.		3,179,000		2,573,807
Sun Hung Kai Properties Ltd.		2,244,000		29,363,965
Swire Pacific Ltd. Class A		841,500		8,380,664
Swire Properties Ltd.^a		1,787,000		5,402,481
Techtronic Industries Co. Ltd.		2,150,707		8,387,498
WH Group Ltd.^b		12,435,500		10,340,672
Wharf Holdings Ltd. (The)^a		2,095,600		15,534,670
Wheelock & Co. Ltd.		1,309,000		7,779,763
Wynn Macau Ltd.^a		2,393,600		4,437,479
Yue Yuen Industrial Holdings Ltd.		1,215,500		4,379,884

				633,173,645
NEW ZEALAND — 1.51%
Auckland International Airport Ltd.		1,476,365		6,440,885
Contact Energy Ltd.		1,105,250		3,681,986
Fletcher Building Ltd.		1,069,453		7,792,532
Mercury NZ Ltd.		1,078,990		2,302,013


Security	Shares		Value
Meridian Energy Ltd.		1,994,355	$	3,632,950
Ryman Healthcare Ltd.		575,409		3,568,687
Spark New Zealand Ltd.		2,832,302		7,297,393

				34,716,446
SINGAPORE — 11.25%
Ascendas REIT		3,683,925		6,043,859
CapitaLand Commercial Trust		3,253,800		3,475,505
CapitaLand Ltd.		4,001,800		8,604,820
CapitaLand Mall Trust		3,889,600		5,295,113
City Developments Ltd.^a		635,800		3,746,266
ComfortDelGro Corp. Ltd.		3,366,000		5,921,754
DBS Group Holdings Ltd.		2,728,500		33,430,030
Genting Singapore PLC		9,331,300		6,319,018
Global Logistic Properties Ltd.^a		4,132,700		5,943,425
Golden Agri-Resources Ltd.		10,922,087		3,278,761
Hutchison Port Holdings Trust		8,153,200		3,424,344
Jardine Cycle & Carriage Ltd.		149,600		4,193,270
Jardine Matheson Holdings Ltd.		382,000		20,704,400
Keppel Corp. Ltd.^a		2,244,000		8,537,978
Noble Group Ltd.^c		16		2
Oversea-Chinese Banking Corp. Ltd.^a		4,852,824		30,762,107
SATS Ltd.		1,028,500		3,453,704
SembCorp Industries Ltd.^a		1,514,740		2,855,207
Singapore Airlines Ltd.		841,500		5,874,756
Singapore Exchange Ltd.		1,228,400		6,260,346
Singapore Press Holdings Ltd.^a		2,157,717		5,648,868
Singapore Technologies Engineering Ltd.		2,431,000		5,736,373
Singapore Telecommunications Ltd.		12,323,328		32,520,371
StarHub Ltd.^a		953,700		1,917,520
Suntec REIT^a		3,758,700		4,447,777
United Overseas Bank Ltd.		2,000,900		28,510,450
UOL Group Ltd.		748,000		3,080,983
Wilmar International Ltd.		2,992,000		7,352,583
Yangzijiang Shipbuilding Holdings Ltd.^a		2,973,300		1,702,113

				259,041,703

TOTAL COMMON STOCKS
(Cost: $2,520,426,256)				2,288,622,913


Security	Shares		Value
SHORT-TERM INVESTMENTS — 1.79%

MONEY MARKET FUNDS — 1.79%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^d,e,f		41,078,720	$	41,091,044
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^d,e		210,878		210,878

				41,301,922

TOTAL SHORT-TERM INVESTMENTS
(Cost: $41,291,943)				41,301,922


TOTAL INVESTMENTS IN SECURITIES — 101.17%
(Cost: $2,561,718,199)^g				2,329,924,835
Other Assets, Less Liabilities — (1.17)%				(26,929,270	)

NET ASSETS — 100.00%			$	2,302,995,565

ADR — American Depositary Receipts

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

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

^c	Non-income earning security.

^d	Affiliated money market fund.

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

^f	All or a portion of this security represents an investment of securities lending collateral.

^g	The cost of investments for federal income tax purposes was $2,645,253,786. Net unrealized depreciation was $315,328,951, of which $161,081,490 represented gross unrealized appreciation on securities and $476,410,441 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 93.62%

BANKS — 18.32%
Sberbank of Russia PJSC		11,591,520	$	28,568,183
Sberbank of Russia PJSC ADR		2,555,295		25,616,832
VTB Bank PJSC		7,767,195,000		8,311,470
VTB Bank PJSC GDR^a		4,034,027		8,459,355

				70,955,840
CAPITAL MARKETS — 2.71%
Moscow Exchange MICEX-RTS PJSC		5,687,130		10,513,815

				10,513,815
CHEMICALS — 1.94%
PhosAgro PJSC GDR^a		547,093		7,522,529

				7,522,529
DIVERSIFIED TELECOMMUNICATION SERVICES — 1.87%
Rostelecom PJSC		5,492,890		7,225,181

				7,225,181
ELECTRIC UTILITIES — 3.97%
Inter RAO UES PJSC		103,691,000		6,175,696
RusHydro PJSC		618,395,000		9,193,329

				15,369,025
FOOD & STAPLES RETAILING — 4.62%
Magnit PJSC GDR^a		443,984		17,883,675

				17,883,675
METALS & MINING — 11.17%
Alrosa PJSC		9,366,000		13,559,850
MMC Norilsk Nickel PJSC		109,036		17,639,940
Severstal PJSC		801,315		12,080,219

				43,280,009
OIL, GAS & CONSUMABLE FUELS — 44.77%
Gazprom PJSC		18,219,537		42,242,804
Gazprom PJSC ADR		4,823,269		22,230,447
Lukoil PJSC		752,213		36,774,858
Lukoil PJSC ADR		231,350		11,336,150
Novatek OJSC GDR^a		150,759		17,804,638
Rosneft PJSC		1,363,360		7,227,972
Rosneft PJSC GDR^a		1,679,783		8,835,658
Surgutneftegas OJSC		11,688,200		5,417,388
Surgutneftegas OJSC ADR		834,315		3,791,962
Tatneft PJSC Class S		2,938,585		17,752,102

				173,413,979


Security	Shares		Value
WIRELESS TELECOMMUNICATION SERVICES — 4.25%
Mobile TeleSystems PJSC ADR		1,443,516	$	11,302,730
Sistema PJSC FC GDR^a		624,072		5,154,835

				16,457,565

TOTAL COMMON STOCKS
(Cost: $389,442,970)				362,621,618

PREFERRED STOCKS — 6.14%

OIL, GAS & CONSUMABLE FUELS — 6.14%
Surgutneftegas OJSC		19,438,900		9,497,442
Transneft PJSC		5,228		14,293,510

				23,790,952

TOTAL PREFERRED STOCKS
(Cost: $24,396,024)				23,790,952

SHORT-TERM INVESTMENTS — 0.18%

MONEY MARKET FUNDS — 0.18%
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^b,c		688,368		688,368

				688,368

TOTAL SHORT-TERM INVESTMENTS
(Cost: $688,368)				688,368


TOTAL INVESTMENTS IN SECURITIES — 99.94%
(Cost: $414,527,362)^d				387,100,938
Other Assets, Less Liabilities — 0.06%				233,620

NET ASSETS — 100.00%			$	387,334,558

ADR — American Depositary Receipts

GDR — Global Depositary Receipts

^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 money market fund.

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

^d	The cost of investments for federal income tax purposes was $441,516,178. Net unrealized depreciation was $54,415,240, of which $23,161,323 represented gross unrealized appreciation on securities and $77,576,563 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 99.71%

AEROSPACE & DEFENSE — 2.73%
Singapore Technologies Engineering Ltd.		6,478,200	$	15,286,454

				15,286,454
AIRLINES — 2.78%
Singapore Airlines Ltd.		2,230,467		15,571,537

				15,571,537
BANKS — 33.57%
DBS Group Holdings Ltd.		5,629,100		68,968,657
Oversea-Chinese Banking Corp. Ltd.^b		9,876,850		62,609,465
United Overseas Bank Ltd.		3,976,400		56,658,981

				188,237,103
CAPITAL MARKETS — 2.97%
Singapore Exchange Ltd.		3,271,100		16,670,644

				16,670,644
DISTRIBUTORS — 2.39%
Jardine Cycle & Carriage Ltd.^b		477,944		13,396,713

				13,396,713
DIVERSIFIED TELECOMMUNICATION SERVICES — 11.87%
Singapore Telecommunications Ltd.		25,222,768		66,561,060

				66,561,060
EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) — 8.83%
Ascendas REIT		9,770,481		16,029,482
CapitaLand Commercial Trust		6,849,900		7,316,634
CapitaLand Mall Trust^b		10,354,500		14,096,115
Suntec REIT		10,195,200		12,064,273

				49,506,504
FOOD PRODUCTS — 5.18%
Golden Agri-Resources Ltd.		32,444,328		9,739,641
Wilmar International Ltd.		7,858,800		19,312,326

				29,051,967
HOTELS, RESTAURANTS & LEISURE — 3.05%
Genting Singapore PLC		25,222,500		17,080,302

				17,080,302


Security	Shares		Value
INDUSTRIAL CONGLOMERATES — 5.39%
Keppel Corp. Ltd.^b		5,734,800	$	21,819,785
SembCorp Industries Ltd.^b		4,460,400		8,407,624

				30,227,409
MACHINERY — 1.02%
Yangzijiang Shipbuilding Holdings Ltd.		10,035,900		5,745,209

				5,745,209
MEDIA — 2.54%
Singapore Press Holdings Ltd.^b		5,439,300		14,239,999

				14,239,999
REAL ESTATE MANAGEMENT & DEVELOPMENT — 10.01%
CapitaLand Ltd.		8,973,900		19,296,015
City Developments Ltd.^b		1,752,300		10,324,918
Global Logistic Properties Ltd.^b		12,209,300		17,558,753
UOL Group Ltd.		2,177,100		8,967,390

				56,147,076
ROAD & RAIL — 2.80%
ComfortDelGro Corp. Ltd.		8,920,800		15,694,231

				15,694,231
TRADING COMPANIES & DISTRIBUTORS — 0.00%
Noble Group Ltd.^c		98		11

				11
TRANSPORTATION INFRASTRUCTURE — 3.46%
Hutchison Port Holdings Trust^b		22,380,200		9,399,684
SATS Ltd.		2,973,600		9,985,350

				19,385,034
WIRELESS TELECOMMUNICATION SERVICES — 1.12%
StarHub Ltd.^b		3,132,900		6,299,045

				6,299,045

TOTAL COMMON STOCKS
(Cost: $663,833,215)				559,100,298


Security	Shares		Value

SHORT-TERM INVESTMENTS — 5.60%

MONEY MARKET FUNDS — 5.60%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^d,e,f		31,137,500	$	31,146,842
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^d,e		241,382		241,382

				31,388,224

TOTAL SHORT-TERM INVESTMENTS
(Cost: $31,379,149)				31,388,224


	Value
TOTAL INVESTMENTS IN SECURITIES — 105.31%
(Cost: $695,212,364)^g	$	590,488,522
Other Assets, Less Liabilities — (5.31)%		(29,793,789	)

NET ASSETS — 100.00%	$	560,694,733

^a	Formerly the iShares MSCI Singapore ETF.

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

^c	Non-income earning security.

^d	Affiliated money market fund.

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

^f	All or a portion of this security represents an investment of securities lending collateral.

^g	The cost of investments for federal income tax purposes was $709,720,140. Net unrealized depreciation was $119,231,618, of which $1,473,340 represented gross unrealized appreciation on securities and $120,704,958 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 99.74%

BANKS — 8.95%
African Bank Investments Ltd.^a,b		2,626,522	$	1,873
Barclays Africa Group Ltd.		541,868		6,077,266
Capitec Bank Holdings Ltd.^b		51,735		2,398,557
Nedbank Group Ltd.		253,559		4,157,816
Standard Bank Group Ltd.		1,654,895		17,815,820

				30,451,332
CAPITAL MARKETS — 1.82%
Brait SE^a		432,929		2,628,208
Coronation Fund Managers Ltd.		290,661		1,487,886
Investec Ltd.		323,999		2,078,260

				6,194,354
CHEMICALS — 5.62%
Sasol Ltd.		707,806		19,143,121

				19,143,121
DISTRIBUTORS — 0.71%
Imperial Holdings Ltd.		199,591		2,412,950

				2,412,950
DIVERSIFIED FINANCIAL SERVICES — 9.17%
FirstRand Ltd.		4,302,584		15,490,990
PSG Group Ltd.		118,008		1,636,652
Remgro Ltd.		676,533		10,086,075
RMB Holdings Ltd.		902,336		4,014,314

				31,228,031
DIVERSIFIED TELECOMMUNICATION SERVICES — 0.49%
Telkom SA SOC Ltd.		336,817		1,671,568

				1,671,568
EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) — 5.26%
Fortress Income Fund Ltd.		972,414		2,117,282
Fortress Income Fund Ltd. Class A		1,212,739		1,403,280
Growthpoint Properties Ltd.		2,671,234		4,738,280
Hyprop Investments Ltd.		317,599		2,558,907
Redefine Properties Ltd.		5,824,328		4,297,784
Resilient REIT Ltd.		377,729		2,787,270

				17,902,803
FOOD & STAPLES RETAILING — 6.32%
Bid Corp. Ltd.		428,769		7,537,408
Massmart Holdings Ltd.		138,790		1,132,980


Security	Shares		Value
Pick n Pay Stores Ltd.^b		468,314	$	2,186,940
Shoprite Holdings Ltd.		550,771		7,340,603
SPAR Group Ltd. (The)		246,194		3,326,175

				21,524,106
FOOD PRODUCTS — 2.26%
Pioneer Foods Group Ltd.		163,425		1,817,031
Tiger Brands Ltd.		208,705		5,863,902

				7,680,933
HEALTH CARE PROVIDERS & SERVICES — 1.59%
Life Healthcare Group Holdings Ltd.		1,217,030		2,693,279
Netcare Ltd.		1,214,424		2,704,829

				5,398,108
HOTELS, RESTAURANTS & LEISURE — 0.28%
Tsogo Sun Holdings Ltd.		469,434		944,139

				944,139
HOUSEHOLD DURABLES — 5.19%
Steinhoff International Holdings NV Class H		3,806,829		17,663,198

				17,663,198
INDUSTRIAL CONGLOMERATES — 1.39%
Bidvest Group Ltd. (The)		407,331		4,728,394

				4,728,394
INSURANCE — 5.02%
Discovery Ltd.		455,207		3,616,017
Liberty Holdings Ltd.		146,349		1,155,872
MMI Holdings Ltd./South Africa		1,307,759		2,049,339
Rand Merchant Investment Holdings Ltd.		854,664		2,352,630
Sanlam Ltd.		1,800,202		7,915,049

				17,088,907
MEDIA — 24.10%
Naspers Ltd. Class N		559,970		82,036,179

				82,036,179
METALS & MINING — 4.41%
Anglo American Platinum Ltd.^a		68,950		1,420,662
AngloGold Ashanti Ltd.^a		521,773		5,778,609
Gold Fields Ltd.		1,050,219		3,339,436
Impala Platinum Holdings Ltd.^a		798,418		2,516,002
Sibanye Gold Ltd.		944,869		1,965,018

				15,019,727


Security	Shares		Value
MULTILINE RETAIL — 1.73%
Woolworths Holdings Ltd./South Africa		1,270,461	$	5,881,189

				5,881,189
OIL, GAS & CONSUMABLE FUELS — 0.37%
Exxaro Resources Ltd.^b		183,121		1,261,170

				1,261,170
PAPER & FOREST PRODUCTS — 2.11%
Mondi Ltd.		151,247		3,054,648
Sappi Ltd.^a		692,166		4,110,680

				7,165,328
PHARMACEUTICALS — 2.83%
Aspen Pharmacare Holdings Ltd.		466,760		9,648,176

				9,648,176
REAL ESTATE MANAGEMENT & DEVELOPMENT — 1.03%
New Europe Property Investments PLC		305,699		3,508,305

				3,508,305
SPECIALTY RETAIL — 2.62%
Foschini Group Ltd. (The)		266,590		2,819,615
Mr. Price Group Ltd.		312,351		3,230,123
Truworths International Ltd.		571,781		2,860,077

				8,909,815
WIRELESS TELECOMMUNICATION SERVICES — 6.47%
MTN Group Ltd.		2,121,631		17,122,797
Vodacom Group Ltd.		475,537		4,906,833

				22,029,630

TOTAL COMMON STOCKS
(Cost: $489,704,405)				339,491,463


Security	Shares		Value
SHORT-TERM INVESTMENTS — 1.29%

MONEY MARKET FUNDS — 1.29%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^c,d,e		4,345,760	$	4,347,064
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^c,d		34,211		34,211

				4,381,275

TOTAL SHORT-TERM INVESTMENTS
(Cost: $4,380,504)				4,381,275


TOTAL INVESTMENTS IN SECURITIES — 101.03%
(Cost: $494,084,909)^f				343,872,738
Other Assets, Less Liabilities — (1.03)%				(3,497,877	)


NET ASSETS — 100.00%			$	340,374,861

^a	Non-income earning security.

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

^c	Affiliated money market fund.

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

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

^f	The cost of investments for federal income tax purposes was $514,567,952. Net unrealized depreciation was $170,695,214, of which $1,009,355 represented gross unrealized appreciation on securities and $171,704,569 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 97.40%

AEROSPACE & DEFENSE — 0.90%
Hanwha Techwin Co. Ltd.		163,991	$	6,712,262
Korea Aerospace Industries Ltd. Class A		362,709		20,570,212

				27,282,474
AIR FREIGHT & LOGISTICS — 0.50%
Hyundai Glovis Co. Ltd.		110,643		15,048,319

				15,048,319
AIRLINES — 0.23%
Korean Air Lines Co. Ltd.^a		261,202		6,982,219

				6,982,219
AUTO COMPONENTS — 3.80%
Hankook Tire Co. Ltd.		431,987		20,027,968
Hanon Systems		1,168,066		9,751,785
Hyundai Mobis Co. Ltd.		372,657		79,373,502
Hyundai Wia Corp.		108,243		6,370,231

				115,523,486
AUTOMOBILES — 4.59%
Hyundai Motor Co.		818,275		93,093,174
Kia Motors Corp.		1,455,933		46,577,900

				139,671,074
BANKS — 8.84%
BNK Financial Group Inc.		1,610,637		12,344,474
DGB Financial Group Inc.		1,111,548		9,099,281
Hana Financial Group Inc.		1,651,043		45,405,271
Industrial Bank of Korea		1,511,947		16,877,728
KB Financial Group Inc.		2,179,652		78,493,947
Shinhan Financial Group Co. Ltd.		2,333,832		88,038,999
Woori Bank		1,808,789		18,566,758

				268,826,458
BEVERAGES — 0.20%
Lotte Chilsung Beverage Co. Ltd.^b		4,511		6,046,565

				6,046,565
BIOTECHNOLOGY — 1.22%
Celltrion Inc.^a,b		423,176		37,067,039

				37,067,039
BUILDING PRODUCTS — 0.37%
KCC Corp.		35,521		11,318,226

				11,318,226


Security	Shares		Value
CAPITAL MARKETS — 1.37%
Korea Investment Holdings Co. Ltd.		253,559	$	8,686,573
Mirae Asset Daewoo Co. Ltd.^b		1,189,751		7,073,067
Mirae Asset Securities Co. Ltd.		475,411		8,295,954
NH Investment & Securities Co. Ltd.		937,532		7,883,272
Samsung Securities Co. Ltd.		359,580		9,858,038

				41,796,904
CHEMICALS — 3.84%
Hanwha Chemical Corp.		643,696		12,801,790
Hyosung Corp.		127,995		15,218,601
Kumho Petrochemical Co. Ltd.		124,568		7,778,507
LG Chem Ltd.		255,640		49,529,498
Lotte Chemical Corp.		89,327		24,565,785
OCI Co. Ltd.^a,b		109,999		6,925,218

				116,819,399
COMMERCIAL SERVICES & SUPPLIES — 0.56%
KEPCO Plant Service & Engineering Co. Ltd.^b		149,160		7,361,988
S-1 Corp.		119,668		9,714,292

				17,076,280
CONSTRUCTION & ENGINEERING — 1.61%
Daelim Industrial Co. Ltd.		171,646		11,217,445
Daewoo Engineering & Construction Co. Ltd.^a,b		969,809		4,288,878
GS Engineering & Construction Corp.^a,b		329,156		6,658,859
Hyundai Development Co. Engineering & Construction		343,276		12,127,196
Hyundai Engineering & Construction Co. Ltd.		435,854		14,670,763

				48,963,141
CONSUMER FINANCE — 0.27%
Samsung Card Co. Ltd.		228,550		8,171,926

				8,171,926
DIVERSIFIED TELECOMMUNICATION SERVICES — 0.59%
KT Corp.		205,716		5,252,660
LG Uplus Corp.		1,306,556		12,796,772

				18,049,432


Security	Shares		Value
ELECTRIC UTILITIES — 1.84%
Korea Electric Power Corp.		1,408,343	$	56,018,091

				56,018,091
ELECTRICAL EQUIPMENT — 0.23%
Doosan Heavy Industries & Construction Co. Ltd.		322,296		7,112,815

				7,112,815
ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS — 2.49%
LG Display Co. Ltd.		1,307,279		31,310,733
LG Innotek Co. Ltd.		97,732		6,779,920
Samsung Electro-Mechanics Co. Ltd.		332,300		13,160,677
Samsung SDI Co. Ltd.		310,234		24,493,904

				75,745,234
FOOD & STAPLES RETAILING — 1.35%
BGF retail Co. Ltd.^b		124,016		9,229,196
Dongsuh Cos. Inc.		247,558		5,632,815
E-MART Inc.		116,531		18,739,856
GS Retail Co. Ltd.		182,993		7,403,934

				41,005,801
FOOD PRODUCTS — 1.31%
CJ CheilJedang Corp.		47,241		15,517,338
Lotte Confectionery Co. Ltd.		41,270		6,301,437
Orion Corp./Republic of Korea		21,839		12,703,067
Ottogi Corp.		9,065		5,365,878

				39,887,720
GAS UTILITIES — 0.23%
Korea Gas Corp.		191,719		7,027,209

				7,027,209
HOTELS, RESTAURANTS & LEISURE — 0.68%
Kangwon Land Inc.		677,788		20,669,041

				20,669,041
HOUSEHOLD DURABLES — 1.91%
Coway Co. Ltd.		311,418		22,509,577
Hanssem Co. Ltd.^b		68,836		12,159,132
LG Electronics Inc.^b		605,973		23,273,759

				57,942,468
INDUSTRIAL CONGLOMERATES — 4.74%
CJ Corp.		87,801		13,180,852
Hanwha Corp.		292,348		8,827,582


Security	Shares		Value
LG Corp.		536,821	$	25,944,473
Samsung C&T Corp.		419,107		45,888,282
SK Holdings Co. Ltd.		253,886		50,275,531

				144,116,720
INSURANCE — 4.21%
Dongbu Insurance Co. Ltd.		294,441		18,386,034
Hanwha Life Insurance Co. Ltd.		1,494,918		8,516,448
Hyundai Marine & Fire Insurance Co. Ltd.		393,438		12,250,240
Samsung Fire & Marine Insurance Co. Ltd.		187,669		47,035,642
Samsung Life Insurance Co. Ltd.		430,421		41,972,537

				128,160,901
INTERNET SOFTWARE & SERVICES — 3.83%
Kakao Corp.^b		185,832		12,351,179
NAVER Corp.		152,541		104,125,331

				116,476,510
IT SERVICES — 0.75%
Samsung SDS Co. Ltd.		198,156		22,882,734

				22,882,734
LIFE SCIENCES TOOLS & SERVICES — 0.34%
Samsung Biologics Co. Ltd.^a		77,460		10,203,875

				10,203,875
MACHINERY — 1.33%
Hyundai Heavy Industries Co. Ltd.^a,b		237,875		28,893,760
Samsung Heavy Industries Co. Ltd.^a,b		1,608,216		11,417,983

				40,311,743
MEDIA — 0.41%
Cheil Worldwide Inc.		481,388		6,156,067
CJ E&M Corp.		129,936		6,268,672

				12,424,739
METALS & MINING — 3.99%
Hyundai Steel Co.		465,725		19,879,113
Korea Zinc Co. Ltd.		49,363		19,930,145
POSCO		382,239		81,577,889

				121,387,147


Security	Shares		Value
MULTILINE RETAIL — 0.96%
Hyundai Department Store Co. Ltd.		96,867	$	8,948,836
Lotte Shopping Co. Ltd.		68,233		12,665,464
Shinsegae Inc.		49,889		7,702,805

				29,317,105
OIL, GAS & CONSUMABLE FUELS — 2.65%
GS Holdings Corp.		310,879		14,466,291
S-Oil Corp.		267,818		19,243,584
SK Innovation Co. Ltd.		360,059		46,968,905

				80,678,780
PERSONAL PRODUCTS — 3.38%
AmorePacific Corp.		177,320		49,750,618
AmorePacific Group		162,380		17,917,985
LG Household & Health Care Ltd.		52,246		35,171,808

				102,840,411
PHARMACEUTICALS — 0.75%
Hanmi Pharm Co. Ltd.^b		31,029		9,780,750
Hanmi Science Co. Ltd.^b		76,027		4,877,486
Yuhan Corp.		48,103		8,105,976

				22,764,212
ROAD & RAIL — 0.24%
CJ Korea Express Corp.^a		45,658		7,186,238

				7,186,238
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT — 3.83%
SK Hynix Inc.		3,174,436		116,490,573

				116,490,573
SOFTWARE — 0.77%
NCsoft Corp.		100,969		23,492,210

				23,492,210
SPECIALTY RETAIL — 0.29%
Hotel Shilla Co. Ltd.^b		206,979		8,923,264

				8,923,264
TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS — 22.93%
Samsung Electronics Co. Ltd.		466,952		697,402,328

				697,402,328
TOBACCO — 1.90%
KT&G Corp.		641,534		57,620,350

				57,620,350


Security	Shares		Value
TRADING COMPANIES & DISTRIBUTORS — 0.43%
Posco Daewoo Corp.		321,679	$	7,333,087
SK Networks Co. Ltd.		964,697		5,611,342

				12,944,429
WIRELESS TELECOMMUNICATION SERVICES — 0.74%
SK Telecom Co. Ltd.		116,657		22,552,057

				22,552,057

TOTAL COMMON STOCKS
(Cost: $1,519,597,336)				2,962,227,647

PREFERRED STOCKS — 2.39%

AUTOMOBILES — 0.99%
Hyundai Motor Co.		140,147		11,484,610
Hyundai Motor Co. Series 2		219,710		18,662,335

				30,146,945
CHEMICALS — 0.24%
LG Chem Ltd.		51,006		7,177,184

				7,177,184
PERSONAL PRODUCTS — 0.52%
AmorePacific Corp.		56,804		9,450,732
LG Household & Health Care Ltd.		14,759		6,293,453

				15,744,185
TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS — 0.64%
Samsung Electronics Co. Ltd.		16,867		19,564,306

				19,564,306

TOTAL PREFERRED STOCKS
(Cost: $43,850,803)				72,632,620

SHORT-TERM INVESTMENTS — 3.34%

MONEY MARKET FUNDS — 3.34%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^c,d,e		99,139,579		99,169,320
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^c,d		2,368,392		2,368,392

				101,537,712


	Value
TOTAL SHORT-TERM INVESTMENTS
(Cost: $101,508,569)	$	101,537,712

TOTAL INVESTMENTS IN SECURITIES — 103.13%
(Cost: $1,664,956,708)^f		3,136,397,979
Other Assets, Less Liabilities — (3.13)%		(95,283,837	)


NET ASSETS — 100.00%	$	3,041,114,142

^a	Non-income earning security.

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

^c	Affiliated money market fund.

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

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

^f	The cost of investments for federal income tax purposes was $2,259,877,297. Net unrealized appreciation was $876,520,682, of which $1,572,707,237 represented gross unrealized appreciation on securities and $696,186,555 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 99.65%

AIRLINES — 1.90%
International Consolidated Airlines Group SA		2,069,566	$	11,238,228

				11,238,228
BANKS — 37.98%
Banco Bilbao Vizcaya Argentaria SA		9,296,986		57,457,412
Banco de Sabadell SA		11,960,260		14,933,118
Banco Popular Espanol SA		9,040,107		7,930,718
Banco Santander SA		22,072,564		100,987,041
Bankia SA		12,117,105		10,810,064
Bankinter SA		1,678,981		12,631,296
CaixaBank SA		6,734,681		19,596,397

				224,346,046
BIOTECHNOLOGY — 2.35%
Grifols SA		707,117		13,877,026

				13,877,026
CONSTRUCTION & ENGINEERING — 5.48%
ACS Actividades de Construccion y Servicios SA		454,452		13,394,664
Ferrovial SA		1,070,664		18,995,588

				32,390,252
DIVERSIFIED TELECOMMUNICATION SERVICES — 8.91%
Telefonica SA		6,318,034		52,625,429

				52,625,429
ELECTRIC UTILITIES — 10.02%
Endesa SA		739,606		15,303,113
Iberdrola SA		4,566,133		27,507,671
Red Electrica Corp. SA		918,471		16,368,472

				59,179,256
FOOD & STAPLES RETAILING — 1.47%
Distribuidora Internacional de Alimentacion SA		1,901,514		8,685,743

				8,685,743
GAS UTILITIES — 4.55%
Enagas SA		512,237		12,633,605
Gas Natural SDG SA		831,655		14,247,844

				26,881,449


Security	Shares		Value
INSURANCE — 1.61%
Mapfre SA		3,161,142	$	9,489,948

				9,489,948
IT SERVICES — 4.55%
Amadeus IT Holding SA Class A		591,877		26,847,420

				26,847,420
MACHINERY — 1.09%
Zardoya Otis SA		826,186		6,459,200

				6,459,200
OIL, GAS & CONSUMABLE FUELS — 4.59%
Repsol SA		2,030,498		27,139,792

				27,139,792
SPECIALTY RETAIL — 8.80%
Industria de Diseno Textil SA		1,518,377		51,985,146

				51,985,146
TRANSPORTATION INFRASTRUCTURE — 6.35%
Abertis Infraestructuras SA		1,387,806		18,556,882
Aena SA^a		142,677		18,934,101

				37,490,983

TOTAL COMMON STOCKS
(Cost: $914,398,738)				588,635,918

RIGHTS — 0.37%

BANKS — 0.05%
CaixaBank SA^b		7,627,541		315,560

				315,560
DIVERSIFIED TELECOMMUNICATION SERVICES — 0.32%
Telefonica SA^b		5,674,169		1,896,035

				1,896,035

TOTAL RIGHTS
(Cost: $2,392,863)				2,211,595

SHORT-TERM INVESTMENTS — 0.00%

MONEY MARKET FUNDS — 0.00%
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^c,d		4,521		4,521

				4,521


	Value
TOTAL SHORT-TERM INVESTMENTS
(Cost: $4,521)	$	4,521

TOTAL INVESTMENTS IN SECURITIES — 100.02%
(Cost: $916,796,122)^e		590,852,034
Other Assets, Less Liabilities — (0.02)%		(131,858	)


NET ASSETS — 100.00%	$	590,720,176

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

^b	Non-income earning security.

^c	Affiliated money market fund.

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

^e	The cost of investments for federal income tax purposes was $925,883,572. Net unrealized depreciation was $335,031,538, of which $10,262,676 represented gross unrealized appreciation on securities and $345,294,214 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 99.79%

BANKS — 25.52%
Nordea Bank AB		2,458,446	$	25,804,096
Skandinaviska Enskilda Banken AB Class A		1,248,992		12,433,099
Svenska Handelsbanken AB Class A		1,186,296		16,447,778
Swedbank AB Class A		719,630		16,595,454

				71,280,427
BUILDING PRODUCTS — 5.41%
Assa Abloy AB		799,556		15,104,264

				15,104,264
COMMERCIAL SERVICES & SUPPLIES — 1.60%
Securitas AB Class B		305,083		4,477,767

				4,477,767
COMMUNICATIONS EQUIPMENT — 4.46%
Telefonaktiebolaget LM Ericsson Class B		2,423,708		12,467,709

				12,467,709
CONSTRUCTION & ENGINEERING — 2.57%
Skanska AB Class B		312,065		7,166,137

				7,166,137
DIVERSIFIED FINANCIAL SERVICES — 8.14%
Industrivarden AB Class C		172,190		2,946,926
Investor AB Class B		371,918		12,549,010
Kinnevik AB Class B		221,479		5,421,821
L E Lundbergforetagen AB Class B		31,637		1,821,389

				22,739,146
DIVERSIFIED TELECOMMUNICATION SERVICES — 3.15%
Telia Co. AB		2,340,377		8,786,554

				8,786,554
ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS — 2.98%
Hexagon AB Class B		234,871		8,311,564

				8,311,564
FOOD & STAPLES RETAILING — 0.93%
ICA Gruppen AB		87,993		2,606,812

				2,606,812


Security	Shares		Value
HEALTH CARE EQUIPMENT & SUPPLIES — 1.13%
Getinge AB Class B		206,528	$	3,154,295

				3,154,295
HOUSEHOLD DURABLES — 3.05%
Electrolux AB Class B		228,026		5,327,687
Husqvarna AB Class B		432,201		3,195,160

				8,522,847
HOUSEHOLD PRODUCTS — 4.42%
Svenska Cellulosa AB SCA Class B		462,799		12,331,949

				12,331,949
MACHINERY — 20.74%
Alfa Laval AB		286,400		4,293,518
Atlas Copco AB Class A		522,252		15,782,962
Atlas Copco AB Class B		281,258		7,552,411
Sandvik AB		944,310		11,169,698
SKF AB Class B		367,772		6,612,885
Volvo AB Class B		1,169,685		12,492,520

				57,903,994
METALS & MINING — 2.33%
Boliden AB		252,371		6,511,566

				6,511,566
OIL, GAS & CONSUMABLE FUELS — 1.26%
Lundin Petroleum AB^b		187,241		3,524,966

				3,524,966
SPECIALTY RETAIL — 8.01%
Hennes & Mauritz AB Class B		770,724		22,365,355

				22,365,355
TOBACCO — 1.99%
Swedish Match AB		177,910		5,546,198

				5,546,198
WIRELESS TELECOMMUNICATION SERVICES — 2.10%
Millicom International Cellular SA SDR		69,363		2,925,688
Tele2 AB Class B		348,412		2,658,755
Tele2 AB Class B New^b,c		35,146		268,201

				5,852,644

TOTAL COMMON STOCKS
(Cost: $356,657,018)				278,654,194


Security	Shares		Value
SHORT-TERM INVESTMENTS — 0.11%

MONEY MARKET FUNDS — 0.11%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^d,e,f		283,037	$	283,122
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^d,e		31,973		31,973

				315,095

TOTAL SHORT-TERM INVESTMENTS
(Cost: $315,067)				315,095


	Value
TOTAL INVESTMENTS IN SECURITIES — 99.90%
(Cost: $356,972,085)^g	$	278,969,289
Other Assets, Less Liabilities — 0.10%		285,640

NET ASSETS — 100.00%	$	279,254,929

SDR — Swedish Depositary Receipts

^a	Formerly the iShares MSCI Sweden ETF.

^b	Non-income earning security.

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

^d	Affiliated money market fund.

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

^f	All or a portion of this security represents an investment of securities lending collateral.

^g	The cost of investments for federal income tax purposes was $360,672,507. Net unrealized depreciation was $81,703,218, of which $2,924,599 represented gross unrealized appreciation on securities and $84,627,817 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 98.69%

BIOTECHNOLOGY — 2.12%
Actelion Ltd. Registered		107,082	$	20,603,811

				20,603,811
BUILDING PRODUCTS — 1.67%
Geberit AG Registered		41,006		16,202,734

				16,202,734
CAPITAL MARKETS — 9.13%
Credit Suisse Group AG Registered		1,769,367		23,483,867
Julius Baer Group Ltd.		265,061		11,691,151
Partners Group Holding AG		21,319		10,338,768
UBS Group AG		2,724,429		43,247,452

				88,761,238
CHEMICALS — 7.45%
EMS-Chemie Holding AG Registered		12,557		6,428,583
Givaudan SA Registered		10,066		17,905,652
Sika AG Bearer		2,534		12,271,361
Syngenta AG Registered		93,657		35,756,351

				72,361,947
CONSTRUCTION MATERIALS — 2.58%
LafargeHolcim Ltd. Registered		475,282		25,125,348

				25,125,348
DIVERSIFIED FINANCIAL SERVICES — 0.46%
Pargesa Holding SA Bearer		71,356		4,518,198

				4,518,198
DIVERSIFIED TELECOMMUNICATION SERVICES — 1.29%
Swisscom AG Registered		29,407		12,543,407

				12,543,407
ELECTRICAL EQUIPMENT — 3.97%
ABB Ltd. Registered		1,895,633		38,558,402

				38,558,402
FOOD PRODUCTS — 20.92%
Aryzta AG		131,003		5,571,148
Barry Callebaut AG Registered		4,116		4,877,055
Chocoladefabriken Lindt & Sprungli AG Participation Certificates		1,441		7,087,233
Chocoladefabriken Lindt & Sprungli AG Registered		139		8,065,862


Security	Shares		Value
Nestle SA Registered		2,646,164	$	177,683,814

				203,285,112
HEALTH CARE EQUIPMENT & SUPPLIES — 0.87%
Sonova Holding AG Registered		70,050		8,451,524

				8,451,524
INSURANCE — 9.07%
Baloise Holding AG Registered		67,067		8,065,290
Swiss Life Holding AG Registered		39,120		10,737,694
Swiss Re AG		332,333		30,536,856
Zurich Insurance Group AG		148,349		38,811,180

				88,151,020
LIFE SCIENCES TOOLS & SERVICES — 1.17%
Lonza Group AG Registered		63,626		11,342,936

				11,342,936
MACHINERY — 1.53%
Schindler Holding AG Participation Certificates		51,909		9,203,127
Schindler Holding AG Registered		32,676		5,722,671

				14,925,798
MARINE — 0.94%
Kuehne + Nagel International AG Registered		69,884		9,110,681

				9,110,681
PHARMACEUTICALS — 26.37%
Galenica AG Registered		2,418		2,551,760
Novartis AG Registered		1,824,306		125,811,119
Roche Holding AG		574,747		127,909,630

				256,272,509
PROFESSIONAL SERVICES — 2.54%
Adecco Group AG Registered		192,730		11,853,467
SGS SA Registered		6,387		12,809,740

				24,663,207
REAL ESTATE MANAGEMENT & DEVELOPMENT — 0.82%
Swiss Prime Site AG Registered		97,434		7,958,090

				7,958,090
SPECIALTY RETAIL — 0.69%
Dufry AG Registered^a,b		54,529		6,734,156

				6,734,156
TEXTILES, APPAREL & LUXURY GOODS — 5.10%
Cie. Financiere Richemont SA Class A Registered		518,678		33,835,128


Security	Shares		Value
Swatch Group AG (The) Bearer^a		36,354	$	10,667,266
Swatch Group AG (The) Registered		87,925		5,049,440

				49,551,834

TOTAL COMMON STOCKS
(Cost: $1,126,064,487)				959,121,952

SHORT-TERM INVESTMENTS — 1.17%

MONEY MARKET FUNDS — 1.17%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^c,d,e		11,332,651		11,336,050
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^c,d		17,130		17,130

				11,353,180


	Value
TOTAL SHORT-TERM INVESTMENTS
(Cost: $11,353,121)	$	11,353,180

TOTAL INVESTMENTS IN SECURITIES — 99.86%
(Cost: $1,137,417,608)^f		970,475,132
Other Assets, Less Liabilities — 0.14%		1,343,815

NET ASSETS — 100.00%	$	971,818,947

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

^b	Non-income earning security.

^c	Affiliated money market fund.

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

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

^f	The cost of investments for federal income tax purposes was $1,146,719,519. Net unrealized depreciation was $176,244,387, of which $32,228,776 represented gross unrealized appreciation on securities and $208,473,163 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 99.48%

AIRLINES — 0.46%
China Airlines Ltd.		19,215,761	$	5,763,583
EVA Airways Corp.		14,640,193		7,188,499

				12,952,082
AUTO COMPONENTS — 0.86%
Cheng Shin Rubber Industry Co. Ltd.^b		12,810,670		24,115,716

				24,115,716
AUTOMOBILES — 0.20%
Yulon Motor Co. Ltd.^b		6,405,362		5,556,686

				5,556,686
BANKS — 10.39%
Chang Hwa Commercial Bank Ltd.		32,940,570		17,621,081
China Development Financial Holding Corp.^b		82,350,508		20,514,637
CTBC Financial Holding Co. Ltd.		104,527,325		57,391,152
E.Sun Financial Holding Co. Ltd.		48,495,115		28,147,950
First Financial Holding Co. Ltd.		60,390,090		31,831,127
Hua Nan Financial Holdings Co. Ltd.		46,665,711		23,718,650
Mega Financial Holding Co. Ltd.		65,880,271		47,023,379
SinoPac Financial Holdings Co. Ltd.		62,220,118		17,764,348
Taishin Financial Holding Co. Ltd.		55,815,210		20,488,751
Taiwan Business Bank		26,535,784		6,718,658
Taiwan Cooperative Financial Holding Co. Ltd.^b		48,495,286		21,377,303

				292,597,036
BIOTECHNOLOGY — 0.46%
OBI Pharma Inc.^b,c		877,000		7,731,842
TaiMed Biologics Inc.^b,c		915,000		5,124,322

				12,856,164
CAPITAL MARKETS — 0.75%
Yuanta Financial Holding Co. Ltd.		58,560,248		21,220,810

				21,220,810
CHEMICALS — 7.05%
Formosa Chemicals & Fibre Corp.		19,215,610		60,227,762
Formosa Plastics Corp.		24,705,518		70,381,233
Nan Ya Plastics Corp.		28,365,938		59,716,827


Security	Shares		Value
Taiwan Fertilizer Co. Ltd.		6,405,000	$	8,148,676

				198,474,498
CONSTRUCTION MATERIALS — 1.32%
Asia Cement Corp.		14,640,136		12,884,128
Taiwan Cement Corp.		21,045,504		24,331,780

				37,215,908
DIVERSIFIED FINANCIAL SERVICES — 2.66%
Chailease Holding Co. Ltd.^b		7,320,937		12,495,183
Fubon Financial Holding Co. Ltd.		40,260,515		62,462,977

				74,958,160
DIVERSIFIED TELECOMMUNICATION SERVICES — 2.89%
Asia Pacific Telecom Co. Ltd.^c		13,710,000		4,267,035
Chunghwa Telecom Co. Ltd.		22,875,648		77,154,085

				81,421,120
ELECTRICAL EQUIPMENT — 0.35%
Teco Electric and Machinery Co. Ltd.		11,895,092		9,945,854
Ya Hsin Industrial Co. Ltd.^c		6,845,461		2

				9,945,856
ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS — 15.55%
AU Optronics Corp.^b		56,730,830		20,379,883
Delta Electronics Inc.		11,895,180		59,712,886
Hon Hai Precision Industry Co. Ltd.		93,330,003		240,111,073
Innolux Corp.^b		55,815,873		19,263,157
Largan Precision Co. Ltd.		606,794		70,249,737
Pacific Electric Wire & Cable Co. Ltd.^c		197		—
Synnex Technology International Corp.		10,065,364		10,294,948
WPG Holdings Ltd.		10,065,744		12,458,620
Zhen Ding Technology Holding Ltd.^b		2,745,072		5,520,632

				437,990,936
FOOD & STAPLES RETAILING — 0.98%
President Chain Store Corp.		3,660,215		27,503,576

				27,503,576
FOOD PRODUCTS — 2.01%
Standard Foods Corp.^b		2,745,439		6,511,944
Uni-President Enterprises Corp.		29,280,189		50,066,523

				56,578,467


Security	Shares		Value
HOUSEHOLD DURABLES — 0.37%
Nien Made Enterprise Co. Ltd.		915,000	$	10,248,643

				10,248,643
INDUSTRIAL CONGLOMERATES — 0.50%
Far Eastern New Century Corp.		19,215,843		14,167,863

				14,167,863
INSURANCE — 3.91%
Cathay Financial Holding Co. Ltd.		49,410,483		72,705,790
China Life Insurance Co. Ltd./Taiwan		22,875,193		24,401,737
Shin Kong Financial Holding Co. Ltd.^c		50,325,205		12,978,797

				110,086,324
LEISURE PRODUCTS — 0.57%
Giant Manufacturing Co. Ltd.^b		1,830,590		10,912,437
Merida Industry Co. Ltd.^b		1,178,100		5,156,243

				16,068,680
MACHINERY — 0.27%
Hiwin Technologies Corp.^b		1,830,532		7,609,748

				7,609,748
MARINE — 0.16%
Evergreen Marine Corp. Taiwan Ltd.^c		11,895,673		4,497,313

				4,497,313
METALS & MINING — 2.01%
China Steel Corp.		72,285,977		56,698,442

				56,698,442
OIL, GAS & CONSUMABLE FUELS — 0.88%
Formosa Petrochemical Corp.^b		7,320,950		24,691,812

				24,691,812
REAL ESTATE MANAGEMENT & DEVELOPMENT — 0.61%
Highwealth Construction Corp.^b		6,405,790		9,606,776
Ruentex Development Co. Ltd.^b,c		6,405,773		7,657,263

				17,264,039
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT — 30.27%
Advanced Semiconductor Engineering Inc.^b		37,515,448		40,313,246
Inotera Memories Inc.^c		20,130,000		18,820,757
MediaTek Inc.^b		9,096,175		63,213,465
Nanya Technology Corp.^b		5,490,000		7,664,952


Security	Shares		Value
Novatek Microelectronics Corp.^b		3,279,544	$	10,906,776
Phison Electronics Corp.		915,698		6,995,653
Powertech Technology Inc.		4,575,036		11,755,889
Realtek Semiconductor Corp.^b		2,745,063		8,526,378
Siliconware Precision Industries Co. Ltd.		13,725,834		20,778,449
Taiwan Semiconductor Manufacturing Co. Ltd.		108,885,882		625,172,290
United Microelectronics Corp.^b		74,115,501		26,160,054
Vanguard International Semiconductor Corp.		6,405,000		12,077,322

				852,385,231
SPECIALTY RETAIL — 0.64%
Hotai Motor Co. Ltd.		1,576,000		18,122,047

				18,122,047
TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS — 9.44%
Acer Inc.^b		19,215,737		8,138,940
Advantech Co. Ltd.^b		1,830,444		14,730,615
Asustek Computer Inc.		4,286,857		35,507,491
Casetek Holdings Ltd.^b		1,776,000		4,853,312
Catcher Technology Co. Ltd.^b		4,037,743		29,326,938
Chicony Electronics Co. Ltd.		3,660,826		8,625,734
Compal Electronics Inc.		28,365,554		16,152,694
Foxconn Technology Co. Ltd.		5,543,499		14,540,097
HTC Corp.^b,c		4,575,884		12,102,627
Inventec Corp.		18,300,868		12,373,598
Lite-On Technology Corp.		13,778,071		21,743,701
Micro-Star International Co. Ltd.		4,575,000		12,200,765
Pegatron Corp.		11,895,037		28,325,959
Quanta Computer Inc.^b		16,470,240		30,694,703
Transcend Information Inc.		1,531,905		4,200,687
Wistron Corp.		17,385,308		12,436,389

				265,954,250
TEXTILES, APPAREL & LUXURY GOODS — 1.89%
Eclat Textile Co. Ltd.^b		1,280,080		13,253,425
Feng TAY Enterprise Co. Ltd.^b		1,940,476		7,275,339
Formosa Taffeta Co. Ltd.		6,405,515		5,988,904
Pou Chen Corp.		14,640,103		18,304,148
Ruentex Industries Ltd.		4,575,262		8,397,478

				53,219,294


Security	Shares		Value
WIRELESS TELECOMMUNICATION SERVICES — 2.03%
Far EasTone Telecommunications Co. Ltd.		10,065,259	$	23,305,497
Taiwan Mobile Co. Ltd.		10,011,609		33,766,761

				57,072,258

TOTAL COMMON STOCKS
(Cost: $1,543,356,835)				2,801,472,959

SHORT-TERM INVESTMENTS — 4.20%

MONEY MARKET FUNDS — 4.20%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^d,e,f		104,673,070		104,704,472
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^d,e		13,493,223		13,493,223

				118,197,695


	Value
TOTAL SHORT-TERM INVESTMENTS
(Cost: $118,166,293)	$	118,197,695

TOTAL INVESTMENTS IN SECURITIES — 103.68%
(Cost: $1,661,523,128)^g		2,919,670,654
Other Assets, Less Liabilities — (3.68)%		(103,494,910	)

NET ASSETS — 100.00%	$	2,816,175,744

^a	Formerly the iShares MSCI Taiwan ETF.

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

^c	Non-income earning security.

^d	Affiliated money market fund.

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

^f	All or a portion of this security represents an investment of securities lending collateral.

^g	The cost of investments for federal income tax purposes was $1,866,892,372. Net unrealized appreciation was $1,052,778,282, of which $1,294,966,376 represented gross unrealized appreciation on securities and $242,188,094 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 99.74%

AIRLINES — 0.77%
Bangkok Airways PCL^a		1,869,700	$	1,268,144
Thai Airways International PCL NVDR^a,b		1,942,366		1,339,206

				2,607,350
AUTO COMPONENTS — 0.26%
Sri Trang Agro-Industry PCL NVDR^a		1,846,771		864,392

				864,392
BANKS — 18.49%
Bangkok Bank PCL Foreign		733,800		3,249,496
Kasikornbank PCL Foreign		3,468,200		16,524,727
Kasikornbank PCL NVDR^a		1,698,700		8,069,890
Kiatnakin Bank PCL NVDR		1,102,673		1,707,498
Krung Thai Bank PCL NVDR		10,333,000		5,097,067
LH Financial Group PCL NVDR		9,986,119		484,199
Siam Commercial Bank PCL (The) NVDR		5,221,400		21,439,065
Thanachart Capital PCL NVDR		1,748,200		2,155,882
Tisco Financial Group PCL NVDR		831,210		1,258,015
TMB Bank PCL NVDR		38,864,100		2,200,297

				62,186,136
BUILDING PRODUCTS — 0.39%
Dynasty Ceramic PCL NVDR		6,727,540		856,039
Vanachai Group PCL NVDR		1,145,300		442,975

				1,299,014
CAPITAL MARKETS — 0.07%
AIRA Capital Co. Ltd.^a		3,297,840		229,225

				229,225
CHEMICALS — 4.64%
Eastern Polymer Group PCL^a		2,473,300		921,955
Indorama Ventures PCL NVDR		4,271,210		3,950,446
PTT Global Chemical PCL NVDR		6,133,907		10,744,802

				15,617,203
CONSTRUCTION & ENGINEERING — 1.30%
CH Karnchang PCL NVDR^a		1,246,700		1,100,662
Italian-Thai Development PCL NVDR^a,b		4,975,548		704,228
Sino-Thai Engineering & Construction PCL NVDR^a		2,211,928		1,797,837


Security	Shares		Value
Unique Engineering & Construction PCL^a		1,559,800	$	778,162

				4,380,889
CONSTRUCTION MATERIALS — 4.79%
Siam Cement PCL (The) Foreign		887,200		11,836,130
Siam Cement PCL (The) NVDR		319,400		4,261,114

				16,097,244
CONSUMER FINANCE — 1.75%
Group Lease PCL^a		1,128,900		1,835,121
Krungthai Card PCL NVDR		306,100		1,252,557
Muangthai Leasing PCL^a		1,574,000		1,202,133
Srisawad Power 1979 PCL NVDR^a		1,392,983		1,600,703

				5,890,514
DIVERSIFIED TELECOMMUNICATION SERVICES — 2.32%
Jasmine International PCL NVDR		5,297,368		1,128,379
Thaicom PCL NVDR^a		1,291,000		727,283
True Corp. PCL NVDR^a		29,604,518		5,932,603

				7,788,265
ELECTRICAL EQUIPMENT — 0.31%
Gunkul Engineering PCL NVDR		7,488,474		1,059,903

				1,059,903
ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS — 2.66%
Cal-Comp Electronics Thailand PCL NVDR		6,123,112		446,197
Delta Electronics Thailand PCL NVDR^a		1,475,544		3,132,680
Hana Microelectronics PCL NVDR		1,669,100		1,450,191
KCE Electronics PCL NVDR^a		849,300		2,868,332
Samart Corp. PCL NVDR^a		1,452,837		525,277
SVI PCL NVDR^a		3,987,915		525,321

				8,947,998
FOOD & STAPLES RETAILING — 7.34%
CP ALL PCL NVDR		14,611,800		24,674,139

				24,674,139
FOOD PRODUCTS — 4.24%
Charoen Pokphand Foods PCL NVDR		8,014,600		6,458,043
GFPT PCL NVDR^a		1,477,200		604,468
Ichitan Group PCL NVDR^a		1,360,500		385,124


Security	Shares		Value
Khon Kaen Sugar Industry PCL NVDR		4,547,278	$	509,792
Malee Sampran Factory PCL NVDR		165,600		519,828
Taokaenoi Food & Marketing PCL		816,000		617,497
Thai Union Group PCL NVDR		5,644,600		3,274,800
Thai Vegetable Oil PCL NVDR		1,174,853		1,284,190
Thaifoods Group PCL NVDR^b		3,015,700		595,880

				14,249,622
GAS UTILITIES — 0.07%
Scan Inter PCL^a		1,076,400		238,332

				238,332
HEALTH CARE PROVIDERS & SERVICES — 5.05%
Bangkok Chain Hospital PCL NVDR		3,621,825		1,431,291
Bangkok Dusit Medical Services PCL NVDR		11,453,200		7,479,353
Bumrungrad Hospital PCL NVDR		1,055,876		5,681,924
Chularat Hospital PCL NVDR^a		14,699,000		1,194,722
Vibhavadi Medical Center PCL NVDR		14,973,800		1,208,664

				16,995,954
HOTELS, RESTAURANTS & LEISURE — 2.13%
Erawan Group PCL (The) NVDR		3,606,400		464,957
Minor International PCL NVDR^a		6,387,010		6,712,899

				7,177,856
INDEPENDENT POWER AND RENEWABLE ELECTRICITY PRODUCERS — 3.01%
CK Power PCL NVDR^a		5,427,360		562,823
Electricity Generating PCL NVDR		389,200		2,170,737
Glow Energy PCL NVDR		1,514,100		3,352,455
Inter Far East Energy Corp.^a		2,905,800		359,972
SPCG PCL NVDR		1,333,200		799,632
Superblock PCL^b		32,417,650		1,426,469
surGlobal Power Synergy Co. Ltd. NVDR^a		1,102,800		1,128,161
Thai Solar Energy PCL		2,170,600		319,389

				10,119,638
INDUSTRIAL CONGLOMERATES — 1.55%
Berli Jucker PCL		3,535,900		5,202,841

				5,202,841


Security	Shares		Value
INSURANCE — 0.14%
Thai Reinsurance PCL NVDR^a		8,018,240	$	467,438

				467,438
MARINE — 0.31%
Precious Shipping PCL NVDR^a,b		1,631,600		374,981
Thoresen Thai Agencies PCL NVDR^a		2,415,189		659,989

				1,034,970
MEDIA — 1.28%
BEC World PCL NVDR^a		2,902,900		1,505,168
Major Cineplex Group PCL NVDR^a		1,290,200		1,157,146
Plan B Media PCL^a		1,572,800		222,611
RS PCL NVDR^a		1,358,800		308,476
VGI Global Media PCL NVDR^a		5,053,740		722,378
Workpoint Entertainment PCL		368,900		395,477

				4,311,256
METALS & MINING — 0.13%
STP & I PCL NVDR^a		1,457,410		432,981

				432,981
MULTILINE RETAIL — 0.81%
Robinson Department Store PCL NVDR		1,478,000		2,734,007

				2,734,007
OIL, GAS & CONSUMABLE FUELS — 16.54%
Bangchak Petroleum PCL (The) NVDR		1,013,500		930,286
Banpu PCL NVDR^a		4,581,100		2,401,003
Energy Absolute PCL NVDR^a		3,309,200		2,736,064
Energy Earth PCL NVDR		3,619,500		464,617
Esso Thailand PCL NVDR^b		3,593,000		1,329,268
IRPC PCL NVDR		29,611,200		4,016,822
PTT Exploration & Production PCL NVDR		4,109,284		9,501,701
PTT PCL NVDR		2,956,600		28,920,063
Siamgas & Petrochemicals PCL NVDR^a		1,099,800		348,316
Thai Oil PCL NVDR		2,413,200		5,005,025

				55,653,165
PERSONAL PRODUCTS — 0.45%
Beauty Community PCL^a		4,888,200		1,507,033

				1,507,033


Security	Shares		Value
PHARMACEUTICALS — 0.19%
Mega Lifesciences PCL NVDR		891,900	$	643,687

				643,687
REAL ESTATE MANAGEMENT & DEVELOPMENT — 5.38%
Amata Corp. PCL NVDR		1,530,300		467,503
Ananda Development PCL NVDR^a		4,417,500		604,196
AP Thailand PCL NVDR		2,779,986		545,408
Bangkok Land PCL NVDR^a		29,997,900		1,462,923
Central Pattana PCL NVDR		3,981,800		6,305,349
Golden Land Property Development PCL NVDR^a		1,389,700		245,382
LPN Development PCL NVDR^a		1,695,547		475,216
Platinum Group PCL (The) NVDR^a		2,461,100		489,744
Quality Houses PCL NVDR		12,619,031		898,340
Sansiri PCL NVDR		16,406,237		749,511
SC Asset Corp. PCL NVDR^a		4,372,404		414,208
Siam Future Development PCL NVDR^a		2,602,628		441,315
Singha Estate PCL^a,b		4,747,600		601,442
Supalai PCL NVDR^a		1,768,700		1,130,239
TICON Industrial Connection PCL NVDR^a		1,456,691		636,903
U City PCL NVDR^b		810,071,400		681,123
Univentures PCL NVDR^a		2,000,700		353,267
WHA Corp. PCL NVDR^a,b		19,085,240		1,604,723

				18,106,792
ROAD & RAIL — 1.25%
BTS Group Holdings PCL NVDR		17,294,700		4,217,096

				4,217,096
SPECIALTY RETAIL — 1.99%
Com7 PCL NVDR		1,064,200		420,556
Home Product Center PCL NVDR		11,667,571		3,368,208
PTG Energy PCL^a		1,485,300		1,342,533
Siam Global House PCL NVDR		3,250,284		1,548,644

				6,679,941
TEXTILES, APPAREL & LUXURY GOODS — 0.14%
MC Group PCL NVDR^a		1,053,600		463,614

				463,614
TRANSPORTATION INFRASTRUCTURE — 5.78%
Airports of Thailand PCL NVDR^a		1,267,500		14,280,890


Security	Shares		Value
Bangkok Aviation Fuel Services PCL NVDR		469,500	$	483,587
Bangkok Expressway & Metro PCL^a		20,341,253		4,418,355
Namyong Terminal PCL NVDR		648,700		256,356

				19,439,188
WATER UTILITIES — 0.51%
Eastern Water Resources Development and Management PCL NVDR^a		1,470,400		461,567
TTW PCL NVDR^a		4,145,066		1,254,690

				1,716,257
WIRELESS TELECOMMUNICATION SERVICES — 3.70%
Advanced Info Service PCL NVDR		3,077,419		12,463,377

				12,463,377

TOTAL COMMON STOCKS
(Cost: $394,694,724)				335,497,317

WARRANTS — 0.02%

CONSUMER FINANCE — 0.02%
Group Lease PCL (Expires 07/31/18)^a,b		134,743		77,418

				77,418

TOTAL WARRANTS
(Cost: $0)				77,418

SHORT-TERM INVESTMENTS — 12.73%

MONEY MARKET FUNDS — 12.73%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^c,d,e		42,010,059		42,022,662
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^c,d		802,922		802,922

				42,825,584

TOTAL SHORT-TERM INVESTMENTS
(Cost: $42,815,512)				42,825,584


	Value
TOTAL INVESTMENTS IN SECURITIES — 112.49%
(Cost: $437,510,236)^f	$	378,400,319
Other Assets, Less Liabilities — (12.49)%		(42,028,666	)

NET ASSETS — 100.00%	$	336,371,653

NVDR — Non-Voting Depositary Receipts

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

^b	Non-income earning security.

^c	Affiliated money market fund.

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

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

f	The cost of investments for federal income tax purposes was $450,318,409. Net unrealized depreciation was $71,918,090, of which $11,001,498 represented gross unrealized appreciation on securities and $82,919,588 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 99.83%

AIRLINES — 1.93%
Pegasus Hava Tasimaciligi AS^a,b		226,479	$	825,649
Turk Hava Yollari AO^a,b		3,492,728		4,899,680

				5,725,329
AUTO COMPONENTS — 0.30%
EGE Endustri VE Ticaret AS^b		7,076		405,103
Goodyear Lastikleri TAS^b		512,498		500,720

				905,823
AUTOMOBILES — 2.93%
Ford Otomotiv Sanayi AS		444,076		3,737,761
Tofas Turk Otomobil Fabrikasi AS		792,485		4,955,342

				8,693,103
BANKS — 33.63%
Akbank TAS		13,938,786		30,692,322
Albaraka Turk Katilim Bankasi AS		1,708,428		587,945
Sekerbank TAS^a,b		1,460,229		468,459
Turkiye Garanti Bankasi AS		14,635,725		31,117,136
Turkiye Halk Bankasi AS		3,957,951		10,146,520
Turkiye Is Bankasi Class C		9,973,597		14,020,280
Turkiye Sinai Kalkinma Bankasi AS		5,188,629		1,891,562
Turkiye Vakiflar Bankasi Tao Class D^b		4,746,496		5,772,541
Yapi ve Kredi Bankasi AS^a,b		5,505,739		5,009,888

				99,706,653
BEVERAGES — 3.89%
Anadolu Efes Biracilik ve Malt Sanayii AS		1,311,715		6,897,522
Coca-Cola Icecek AS		483,899		4,631,814

				11,529,336
BUILDING PRODUCTS — 0.57%
Trakya Cam Sanayii AS^b		2,059,538		1,687,851

				1,687,851
CAPITAL MARKETS — 0.19%
Verusa Holding AS^b		154,970		551,850

				551,850
CHEMICALS — 2.39%
Gubre Fabrikalari TAS^b		528,332		659,491
Petkim Petrokimya Holding AS		4,280,043		4,556,159
Soda Sanayii AS		1,423,698		1,880,935

				7,096,585


Security	Shares		Value
CONSTRUCTION & ENGINEERING — 0.63%
Tekfen Holding AS		1,053,522	$	1,865,049

				1,865,049
CONSTRUCTION MATERIALS — 1.21%
Adana Cimento Sanayii TAS Class A		334,089		574,873
Akcansa Cimento AS		302,845		1,105,815
Cimsa Cimento Sanayi VE Ticaret AS		341,897		1,475,757
Konya Cimento Sanayii AS^b		6,129		444,017

				3,600,462
CONTAINERS & PACKAGING — 0.16%
Anadolu Cam Sanayii AS^a		698,504		464,474

				464,474
DISTRIBUTORS — 0.29%
Dogus Otomotiv Servis ve Ticaret AS^b		348,008		860,683

				860,683
DIVERSIFIED FINANCIAL SERVICES — 5.01%
Haci Omer Sabanci Holding AS		5,814,321		14,854,600

				14,854,600
DIVERSIFIED TELECOMMUNICATION SERVICES — 1.81%
Turk Telekomunikasyon AS		3,325,408		5,363,249

				5,363,249
EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) — 4.29%
Dogus Gayrimenkul Yatirim Ortakligi AS^a,b		428,110		480,700
Emlak Konut Gayrimenkul Yatirim Ortakligi AS		12,032,258		10,141,515
Is Gayrimenkul Yatirim Ortakligi AS^b		2,689,188		1,160,755
Torunlar Gayrimenkul Yatirim Ortakligi AS		790,939		950,382

				12,733,352
FOOD & STAPLES RETAILING — 6.90%
BIM Birlesik Magazalar AS		1,346,487		18,928,101
Bizim Toptan Satis Magazalari AS^b		125,532		380,755
Migros Ticaret AS^a,b		225,289		1,137,352

				20,446,208


Security	Shares		Value
FOOD PRODUCTS — 1.82%
Pinar SUT Mamulleri Sanayii AS		113,139	$	481,092
Ulker Biskuvi Sanayi AS		975,574		4,908,029

				5,389,121
GAS UTILITIES — 0.51%
Aygaz AS^b		474,559		1,515,522

				1,515,522
HEALTH CARE PROVIDERS & SERVICES — 0.25%
Selcuk Ecza Deposu Ticaret ve Sanayi AS		785,879		728,854

				728,854
HOTELS, RESTAURANTS & LEISURE — 0.53%
NET Holding AS^a,b		1,735,753		1,559,181

				1,559,181
HOUSEHOLD DURABLES — 3.26%
Arcelik AS		1,497,547		8,752,579
Vestel Elektronik Sanayi ve Ticaret AS^a,b		530,659		927,044

				9,679,623
INDEPENDENT POWER AND RENEWABLE ELECTRICITY PRODUCERS — 0.51%
Aksa Enerji Uretim AS^a,b		972,637		802,777
Zorlu Enerji Elektrik Uretim AS^a,b		1,661,033		716,965

				1,519,742
INDUSTRIAL CONGLOMERATES — 7.36%
Alarko Holding AS^b		495,816		598,658
Dogan Sirketler Grubu Holding AS^a,b		6,623,383		1,352,184
Enka Insaat ve Sanayi AS		1		1
KOC Holding AS		4,014,609		14,577,078
Turkiye Sise ve Cam Fabrikalari AS		4,539,986		4,395,927
Yazicilar Holding AS^b		253,119		903,575

				21,827,423
INSURANCE — 0.75%
Anadolu Anonim Turk Sigorta Sirketi^a,b		1,107,035		610,212
Anadolu Hayat Emeklilik AS		544,163		739,559
AvivaSA Emeklilik ve Hayat AS^b		149,324		870,999

				2,220,770


Security	Shares		Value
MACHINERY — 0.64%
Otokar Otomotiv Ve Savunma Sanayi AS^b		53,147	$	1,909,622

				1,909,622
MEDIA — 0.53%
Besiktas Futbol Yatirimlari Sanayi ve Ticaret AS^a,b		759,134		867,885
Fenerbahce Futbol AS^a,b		62,757		692,216

				1,560,101
METALS & MINING — 5.21%
Borusan Mannesmann Boru Sanayi ve Ticaret AS^b		269,075		608,181
Eregli Demir ve Celik Fabrikalari TAS		8,865,751		12,178,514
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class D^b		4,443,215		1,334,727
Koza Altin Isletmeleri AS^a,b		289,471		1,319,538

				15,440,960
OIL, GAS & CONSUMABLE FUELS — 5.34%
Tupras Turkiye Petrol Rafinerileri AS		792,879		15,840,006

				15,840,006
PERSONAL PRODUCTS — 0.31%
EIS Eczacibasi Ilac ve Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS^b		1,083,934		916,766

				916,766
TEXTILES, APPAREL & LUXURY GOODS — 0.41%
Aksa Akrilik Kimya Sanayii AS		468,220		1,220,802

				1,220,802
TRANSPORTATION INFRASTRUCTURE — 1.32%
TAV Havalimanlari Holding AS		1,034,399		3,900,717

				3,900,717
WIRELESS TELECOMMUNICATION SERVICES — 4.95%
Turkcell Iletisim Hizmetleri AS^a		5,575,514		14,683,531

				14,683,531

TOTAL COMMON STOCKS
(Cost: $554,693,990)				295,997,348


Security	Shares		Value
SHORT-TERM INVESTMENTS — 9.86%

MONEY MARKET FUNDS — 9.86%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^c,d,e		28,981,853	$	28,990,547
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^c,d		234,881		234,881

				29,225,428

TOTAL SHORT-TERM INVESTMENTS
(Cost: $29,216,878)				29,225,428


	Value
TOTAL INVESTMENTS IN SECURITIES — 109.69%
(Cost: $583,910,868)^f	$	325,222,776
Other Assets, Less Liabilities — (9.69)%		(28,726,866	)

NET ASSETS — 100.00%	$	296,495,910

^a	Non-income earning security.

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

^c	Affiliated money market fund.

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

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

^f	The cost of investments for federal income tax purposes was $595,853,459. Net unrealized depreciation was $270,630,683, of which $20,895 represented gross unrealized appreciation on securities and $270,651,578 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 99.67%

AEROSPACE & DEFENSE — 2.09%
Arconic Inc.		7,060	$	136,117
B/E Aerospace Inc.		2,405		144,396
Boeing Co. (The)		956		143,935
General Dynamics Corp.		845		148,171
Huntington Ingalls Industries Inc.		806		144,081
L-3 Communications Holdings Inc.		924		145,779
Lockheed Martin Corp.		542		143,766
Northrop Grumman Corp.		583		145,546
Raytheon Co.		975		145,801
Rockwell Collins Inc.		1,575		146,034
Textron Inc.		3,127		143,936
TransDigm Group Inc.		553		139,041
United Technologies Corp.		1,334		143,698

				1,870,301
AIR FREIGHT & LOGISTICS — 0.64%
CH Robinson Worldwide Inc.		1,932		144,610
Expeditors International of Washington Inc.		2,712		143,031
FedEx Corp.		753		144,328
United Parcel Service Inc. Class B		1,238		143,509

				575,478
AIRLINES — 0.63%
American Airlines Group Inc.		3,090		143,500
Delta Air Lines Inc.		2,910		140,204
Southwest Airlines Co.		3,023		140,902
United Continental Holdings Inc.^a		2,049		141,278

				565,884
AUTO COMPONENTS — 0.80%
Autoliv Inc.		1,423		147,223
BorgWarner Inc.		4,046		144,038
Delphi Automotive PLC		2,135		136,640
Goodyear Tire & Rubber Co. (The)		4,631		142,125
Lear Corp.		1,113		144,145

				714,171
AUTOMOBILES — 0.64%
Ford Motor Co.		12,032		143,903
General Motors Co.		4,228		145,993


Security	Shares		Value
Harley-Davidson Inc.		2,388	$	145,405
Tesla Motors Inc.^a,b		747		141,482

				576,783
BANKS — 3.06%
Bank of America Corp.		6,964		147,080
BB&T Corp.		3,210		145,252
CIT Group Inc.		3,488		142,485
Citigroup Inc.		2,526		142,441
Citizens Financial Group Inc.		4,419		148,081
Comerica Inc.		2,303		146,816
Fifth Third Bancorp.		5,446		141,705
First Republic Bank/CA		1,738		142,342
Huntington Bancshares Inc./OH		11,354		141,471
JPMorgan Chase & Co.		1,816		145,589
KeyCorp		8,172		141,457
M&T Bank Corp.		1,005		144,660
People’s United Financial Inc.		7,731		144,724
PNC Financial Services Group Inc. (The)^c		1,298		143,481
Regions Financial Corp.		10,765		145,758
Signature Bank/New York NY^a		959		143,764
SunTrust Banks Inc.		2,734		142,031
U.S. Bancorp.		2,901		143,948
Wells Fargo & Co.		2,745		145,265

				2,738,350
BEVERAGES — 1.11%
Brown-Forman Corp. Class B		3,125		141,719
Coca-Cola Co. (The)		3,482		140,499
Constellation Brands Inc. Class A		933		141,014
Dr Pepper Snapple Group Inc.		1,641		142,340
Molson Coors Brewing Co. Class B		1,448		141,947
Monster Beverage Corp.^a		3,200		143,200
PepsiCo Inc.		1,410		141,141

				991,860
BIOTECHNOLOGY — 2.02%
AbbVie Inc.		2,379		144,643
Alexion Pharmaceuticals Inc.^a		1,204		147,598
Alkermes PLC^a		2,427		137,926
Amgen Inc.		994		143,206
Biogen Inc.^a		467		137,331
BioMarin Pharmaceutical Inc.^a		1,625		139,149
Celgene Corp.^a		1,185		140,434


Security	Shares		Value
Gilead Sciences Inc.		1,915	$	141,136
Incyte Corp.^a		1,341		137,171
Regeneron Pharmaceuticals Inc.^a		357		135,389
Seattle Genetics Inc.^a		2,046		132,601
United Therapeutics Corp.^a,b		1,090		136,915
Vertex Pharmaceuticals Inc.^a		1,651		134,738

				1,808,237
BUILDING PRODUCTS — 0.63%
AO Smith Corp.		2,948		143,362
Fortune Brands Home & Security Inc.		2,508		138,316
Johnson Controls International PLC		3,139		141,192
Masco Corp.		4,420		139,893

				562,763
CAPITAL MARKETS — 3.69%
Affiliated Managers Group Inc.^a		973		144,101
Ameriprise Financial Inc.		1,268		144,818
Bank of New York Mellon Corp. (The)		3,016		143,019
BlackRock Inc.^c		384		142,383
Charles Schwab Corp. (The)		3,661		141,534
CME Group Inc.		1,272		143,622
E*TRADE Financial Corp.^a		4,142		142,941
Eaton Vance Corp. NVS		3,548		143,481
Franklin Resources Inc.		3,646		143,142
Goldman Sachs Group Inc. (The)		679		148,898
Intercontinental Exchange Inc.		2,635		145,979
Invesco Ltd.		4,521		141,553
Moody’s Corp.		1,420		142,710
Morgan Stanley		3,489		144,305
MSCI Inc.		1,798		141,682
Nasdaq Inc.		2,191		140,421
Northern Trust Corp.		1,746		143,434
Raymond James Financial Inc.		1,966		141,434
S&P Global Inc.		1,185		141,003
SEI Investments Co.		2,969		140,077
State Street Corp.		1,968		155,078
T Rowe Price Group Inc.		1,928		142,788
TD Ameritrade Holding Corp.		3,489		143,084

				3,301,487
CHEMICALS — 3.23%
Air Products & Chemicals Inc.		1,025		148,072


Security	Shares		Value
Albemarle Corp.		1,707	$	149,840
Ashland Global Holdings Inc.		1,248		140,650
Axalta Coating Systems Ltd.^a		5,421		143,223
Celanese Corp. Series A		1,820		144,362
CF Industries Holdings Inc.		5,045		146,002
Dow Chemical Co. (The)		2,659		148,159
Eastman Chemical Co.		1,870		140,474
Ecolab Inc.		1,226		143,111
EI du Pont de Nemours & Co.		2,046		150,606
FMC Corp.		2,590		145,351
International Flavors & Fragrances Inc.		1,190		144,050
LyondellBasell Industries NV Class A		1,653		149,299
Monsanto Co.		1,398		143,589
Mosaic Co. (The)		5,216		148,134
PPG Industries Inc.		1,467		140,729
Praxair Inc.		1,206		145,082
Sherwin-Williams Co. (The)		526		141,320
Valspar Corp. (The)		1,397		142,620
WR Grace & Co.		2,119		138,286

				2,892,959
COMMERCIAL SERVICES & SUPPLIES — 0.79%
Cintas Corp.		1,241		142,219
Republic Services Inc.		2,595		143,996
Stericycle Inc.^a,b		1,894		138,205
Waste Connections Inc.		1,856		141,873
Waste Management Inc.		2,059		143,142

				709,435
COMMUNICATIONS EQUIPMENT — 0.96%
Cisco Systems Inc.		4,819		143,703
F5 Networks Inc.^a		995		140,046
Harris Corp.		1,384		143,327
Juniper Networks Inc.		5,425		149,404
Motorola Solutions Inc.		1,784		143,166
Palo Alto Networks Inc.^a,b		1,024		137,595

				857,241
CONSTRUCTION & ENGINEERING — 0.32%
Fluor Corp.		2,641		141,320
Jacobs Engineering Group Inc.^a		2,321		143,925

				285,245


Security	Shares		Value
CONSTRUCTION MATERIALS — 0.31%
Martin Marietta Materials Inc.		639	$	140,229
Vulcan Materials Co.		1,113		139,848

				280,077
CONSUMER FINANCE — 0.94%
Ally Financial Inc.		7,177		139,377
American Express Co.		1,965		141,558
Capital One Financial Corp.		1,692		142,196
Discover Financial Services		2,097		142,114
Navient Corp.		8,021		138,202
Synchrony Financial		4,095		141,523

				844,970
CONTAINERS & PACKAGING — 1.11%
Avery Dennison Corp.		2,010		144,841
Ball Corp.		1,844		138,411
Crown Holdings Inc.^a		2,611		142,012
International Paper Co.		2,939		143,188
Packaging Corp. of America		1,690		143,244
Sealed Air Corp.		3,011		137,302
WestRock Co.		2,815		144,128

				993,126
DISTRIBUTORS — 0.32%
Genuine Parts Co.		1,482		142,613
LKQ Corp.^a		4,301		141,202

				283,815
DIVERSIFIED CONSUMER SERVICES — 0.15%
H&R Block Inc.		6,046		133,979

				133,979
DIVERSIFIED FINANCIAL SERVICES — 0.49%
Berkshire Hathaway Inc. Class B^a		906		142,641
Leucadia National Corp.		6,722		148,018
Voya Financial Inc.		3,757		146,035

				436,694
DIVERSIFIED TELECOMMUNICATION SERVICES — 1.11%
AT&T Inc.		3,697		142,815
CenturyLink Inc.		5,868		138,015
Frontier Communications Corp.		39,552		144,365
Level 3 Communications Inc.^a		2,531		139,382


Security	Shares		Value
SBA Communications Corp. Class A^a		1,425	$	141,018
Verizon Communications Inc.		2,850		142,215
Zayo Group Holdings Inc.^a		4,163		143,624

				991,434
ELECTRIC UTILITIES — 2.57%
Alliant Energy Corp.		4,005		143,860
American Electric Power Co. Inc.		2,434		143,728
Duke Energy Corp.		1,947		143,630
Edison International		2,075		142,698
Entergy Corp.		2,102		144,470
Eversource Energy		2,767		142,833
Exelon Corp.		4,431		144,052
FirstEnergy Corp.		4,547		142,276
NextEra Energy Inc.		1,271		145,186
OGE Energy Corp.		4,611		145,938
PG&E Corp.		2,439		143,413
Pinnacle West Capital Corp.		1,936		143,128
PPL Corp.		4,364		146,019
Southern Co. (The)		3,031		141,911
Westar Energy Inc.		2,513		143,141
Xcel Energy Inc.		3,693		144,064

				2,300,347
ELECTRICAL EQUIPMENT — 0.96%
Acuity Brands Inc.		562		141,292
AMETEK Inc.		3,016		142,808
Eaton Corp. PLC		2,153		143,196
Emerson Electric Co.		2,600		146,744
Rockwell Automation Inc.		1,086		145,209
Sensata Technologies Holding NV^a		3,759		140,474

				859,723
ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS — 1.44%
Amphenol Corp. Class A		2,104		143,619
Arrow Electronics Inc.^a		2,112		144,186
Avnet Inc.		3,100		142,259
CDW Corp./DE		2,788		142,857
Corning Inc.		5,919		142,233
Flex Ltd.^a,b		9,874		140,606
FLIR Systems Inc.		4,031		144,753
TE Connectivity Ltd.		2,126		143,803
Trimble Inc.^a		5,061		142,670

				1,286,986


Security	Shares		Value
ENERGY EQUIPMENT & SERVICES — 1.33%
Baker Hughes Inc.		2,309	$	148,538
Core Laboratories NV		1,312		146,629
FMC Technologies Inc.^a		4,125		141,323
Halliburton Co.		2,894		153,642
Helmerich & Payne Inc.		2,039		154,250
National Oilwell Varco Inc.		3,939		147,161
Schlumberger Ltd.		1,760		147,928
Weatherford International PLC^a		28,750		146,913

				1,186,384
EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) — 5.72%
Alexandria Real Estate Equities Inc.		1,303		142,796
American Tower Corp.		1,341		137,144
AvalonBay Communities Inc.		899		147,876
Boston Properties Inc.		1,178		145,931
Brixmor Property Group Inc.		5,873		143,008
Camden Property Trust		1,842		144,984
Crown Castle International Corp.^b		1,701		141,965
Digital Realty Trust Inc.^b		1,596		147,359
Duke Realty Corp.		5,790		147,240
Equinix Inc.		426		144,312
Equity Residential		2,418		145,104
Essex Property Trust Inc.		677		146,178
Extra Space Storage Inc.		2,056		144,249
Federal Realty Investment Trust		1,022		143,509
General Growth Properties Inc.		5,635		142,791
HCP Inc.		4,852		143,280
Host Hotels & Resorts Inc.		8,477		151,230
Iron Mountain Inc.		4,326		142,758
Kimco Realty Corp.		5,492		140,266
Liberty Property Trust		3,681		145,031
Macerich Co. (The)		2,071		140,600
Mid-America Apartment Communities Inc.^b		2,369		217,071
National Retail Properties Inc.		3,410		145,539
Prologis Inc.		2,880		146,592
Public Storage		704		147,347
Realty Income Corp.		2,551		141,427
Regency Centers Corp.		2,147		143,505
Simon Property Group Inc.		792		142,283
SL Green Realty Corp.		1,359		143,184
UDR Inc.		4,288		145,964


Security	Shares		Value
Ventas Inc.		2,388	$	144,283
VEREIT Inc.		17,250		143,002
Vornado Realty Trust		1,484		145,061
Welltower Inc.		2,303		144,582
Weyerhaeuser Co.		4,501		138,766

				5,116,217
FOOD & STAPLES RETAILING — 1.28%
Costco Wholesale Corp.		951		142,754
CVS Health Corp.		1,957		150,474
Kroger Co. (The)		4,249		137,243
Rite Aid Corp.^a		18,356		146,114
Sysco Corp.		2,673		142,337
Wal-Mart Stores Inc.		2,036		143,395
Walgreens Boots Alliance Inc.		1,715		145,312
Whole Foods Market Inc.		4,599		139,764

				1,147,393
FOOD PRODUCTS — 2.54%
Archer-Daniels-Midland Co.		3,310		143,091
Bunge Ltd.		2,149		146,734
Campbell Soup Co.		2,520		143,363
Conagra Brands Inc.		3,852		141,330
General Mills Inc.		2,329		141,929
Hershey Co. (The)		1,474		142,447
Hormel Foods Corp.		4,064		139,151
Ingredion Inc.		1,213		142,382
JM Smucker Co. (The)		1,140		143,583
Kellogg Co.		1,951		140,472
Kraft Heinz Co. (The)		1,737		141,826
McCormick & Co. Inc./MD		1,572		143,367
Mead Johnson Nutrition Co.		1,978		142,594
Mondelez International Inc. Class A		3,369		138,938
Tyson Foods Inc. Class A		2,441		138,673
WhiteWave Foods Co. (The)^a		2,598		143,124

				2,273,004
GAS UTILITIES — 0.32%
Atmos Energy Corp.		2,001		142,311
UGI Corp.		3,203		143,495

				285,806
HEALTH CARE EQUIPMENT & SUPPLIES — 3.30%
Abbott Laboratories		3,673		139,831
Align Technology Inc.^a		1,509		140,412


Security	Shares		Value
Baxter International Inc.		3,075	$	136,438
Becton Dickinson and Co.		850		143,735
Boston Scientific Corp.^a		6,824		139,619
Cooper Companies Inc. (The)		849		139,652
CR Bard Inc.		682		143,595
Danaher Corp.		1,809		141,410
DENTSPLY SIRONA Inc.		2,364		137,538
DexCom Inc.^a		1,983		129,470
Edwards Lifesciences Corp.^a		1,660		137,531
Hologic Inc.^a		3,674		140,641
IDEXX Laboratories Inc.^a		1,192		140,239
Intuitive Surgical Inc.^a		222		142,910
Medtronic PLC		1,903		138,938
ResMed Inc.		2,459		151,179
St. Jude Medical Inc.		1,789		141,689
Stryker Corp.		1,281		145,598
Teleflex Inc.		953		140,977
Varian Medical Systems Inc.^a,b		1,563		140,404
Zimmer Biomet Holdings Inc.		1,418		144,438

				2,956,244
HEALTH CARE PROVIDERS & SERVICES — 3.05%
Aetna Inc.		1,107		144,840
AmerisourceBergen Corp.		1,819		141,864
Anthem Inc.		997		142,102
Cardinal Health Inc.		2,043		145,073
Centene Corp.^a		2,538		146,265
Cigna Corp.		1,026		138,243
DaVita Inc.^a		2,260		143,171
Envision Healthcare Holdings Inc.^a		6,532		148,407
Express Scripts Holding Co.^a		1,864		141,440
HCA Holdings Inc.^a		2,017		142,985
Henry Schein Inc.^a		936		139,427
Humana Inc.		689		146,509
Laboratory Corp. of America Holdings^a		1,144		143,972
McKesson Corp.		1,021		146,830
MEDNAX Inc.^a		2,214		144,951
Patterson Companies Inc.		3,647		141,285
Quest Diagnostics Inc.		1,642		143,609
UnitedHealth Group Inc.		933		147,713
Universal Health Services Inc. Class B		1,173		144,303

				2,732,989


Security	Shares		Value
HEALTH CARE TECHNOLOGY — 0.16%
Cerner Corp.^a		2,835	$	141,126

				141,126
HOTELS, RESTAURANTS & LEISURE — 2.54%
Aramark		4,072		140,118
Carnival Corp.		2,769		142,354
Chipotle Mexican Grill Inc.^a,b		347		137,526
Darden Restaurants Inc.		1,922		140,883
Domino’s Pizza Inc.		845		141,994
Hilton Worldwide Holdings Inc.		5,720		143,400
Las Vegas Sands Corp.		2,294		143,765
Marriott International Inc./MD Class A		1,834		144,482
McDonald’s Corp.		1,192		142,170
MGM Resorts International^a		5,029		144,383
Norwegian Cruise Line Holdings Ltd.^a		3,581		142,560
Royal Caribbean Cruises Ltd.		1,734		140,402
Starbucks Corp.		2,486		144,113
Wyndham Worldwide Corp.		1,922		138,365
Wynn Resorts Ltd.^b		1,413		144,112
Yum! Brands Inc.		2,267		143,705

				2,274,332
HOUSEHOLD DURABLES — 1.57%
DR Horton Inc.		4,970		137,768
Garmin Ltd.		2,726		142,188
Harman International Industries Inc.		1,308		143,056
Leggett & Platt Inc.		2,917		140,191
Lennar Corp. Class A		3,264		138,851
Mohawk Industries Inc.^a		719		141,959
Newell Brands Inc.		2,972		139,714
PulteGroup Inc.		7,540		142,205
Toll Brothers Inc.^a		4,765		141,330
Whirlpool Corp.		866		140,673

				1,407,935
HOUSEHOLD PRODUCTS — 0.95%
Church & Dwight Co. Inc.		3,206		140,391
Clorox Co. (The)		1,240		143,294
Colgate-Palmolive Co.		2,170		141,549
Kimberly-Clark Corp.		1,250		144,512
Procter & Gamble Co. (The)		1,732		142,821


Security	Shares		Value
Spectrum Brands Holdings Inc.		1,177	$	141,111

				853,678
INDEPENDENT POWER AND RENEWABLE ELECTRICITY PRODUCERS — 0.32%
AES Corp./VA		12,626		144,568
Calpine Corp.^a		12,332		137,502

				282,070
INDUSTRIAL CONGLOMERATES — 0.64%
3M Co.		837		143,746
General Electric Co.		4,568		140,512
Honeywell International Inc.		1,258		143,337
Roper Technologies Inc.		783		141,809

				569,404
INSURANCE — 4.69%
Aflac Inc.		1,999		142,689
Alleghany Corp.^a		202		114,726
Allstate Corp. (The)		1,978		138,302
American International Group Inc.		2,226		140,973
Aon PLC		1,270		144,907
Arch Capital Group Ltd.^a		1,767		146,166
Arthur J Gallagher & Co.		2,772		139,570
Assurant Inc.		1,661		143,411
Axis Capital Holdings Ltd.		2,341		142,824
Chubb Ltd.		1,130		144,640
Cincinnati Financial Corp.		1,900		145,806
Everest Re Group Ltd.		634		133,489
FNF Group		4,345		138,779
Hartford Financial Services Group Inc. (The)		2,983		140,559
Lincoln National Corp.		2,232		143,071
Loews Corp.		3,199		142,835
Markel Corp.^a		159		142,836
Marsh & McLennan Companies Inc.		2,061		142,848
MetLife Inc.		2,587		142,311
Principal Financial Group Inc.		2,451		141,398
Progressive Corp. (The)		4,287		142,757
Prudential Financial Inc.		1,423		143,154
Reinsurance Group of America Inc.		1,183		144,385
RenaissanceRe Holdings Ltd.		759		99,095
Torchmark Corp.		2,019		141,512
Travelers Companies Inc. (The)		1,266		143,501


Security	Shares		Value
Unum Group		3,327	$	140,632
Willis Towers Watson PLC		1,158		144,020
WR Berkley Corp.		2,326		143,724
XL Group Ltd.		3,869		139,787

				4,194,707
INTERNET & DIRECT MARKETING RETAIL — 0.93%
Amazon.com Inc.^a		184		138,105
Expedia Inc.		1,133		140,548
Liberty Interactive Corp. QVC Group Series A^a		6,470		133,994
Netflix Inc.^a		1,217		142,389
Priceline Group Inc. (The)^a		94		141,346
TripAdvisor Inc.^a,b		2,819		136,101

				832,483
INTERNET SOFTWARE & SERVICES — 1.73%
Akamai Technologies Inc.^a		2,154		143,672
Alphabet Inc. Class A^a		91		70,605
Alphabet Inc. Class C^a		96		72,772
CoStar Group Inc.^a		712		136,070
eBay Inc.^a		4,954		137,771
Facebook Inc. Class A^a		1,185		140,328
LinkedIn Corp. Class A^a		735		143,501
MercadoLibre Inc.		859		135,567
Twitter Inc.^a		7,826		144,703
VeriSign Inc.^a,b		1,807		142,482
Yahoo! Inc.^a		3,496		143,406
Zillow Group Inc. Class C^a,b		3,876		139,226

				1,550,103
IT SERVICES — 3.47%
Accenture PLC Class A		1,195		142,719
Alliance Data Systems Corp.		614		140,471
Automatic Data Processing Inc.		1,492		143,262
Broadridge Financial Solutions Inc.		2,173		140,680
Cognizant Technology Solutions Corp. Class A^a		2,761		152,076
Computer Sciences Corp.		2,322		140,783
Fidelity National Information Services Inc.		1,825		140,872
First Data Corp. Class A^a		9,291		135,370
Fiserv Inc.^a		1,331		139,249


Security	Shares		Value
FleetCor Technologies Inc.^a		941	$	140,529
Gartner Inc.^a		1,382		142,097
Global Payments Inc.		1,986		136,140
International Business Machines Corp.		884		143,402
MasterCard Inc. Class A		1,379		140,934
Paychex Inc.		2,466		145,371
PayPal Holdings Inc.^a		3,575		140,426
Sabre Corp.		5,503		142,252
Total System Services Inc.		2,778		136,733
Vantiv Inc. Class A^a		2,436		137,463
Visa Inc. Class A		1,812		140,104
Western Union Co. (The)		6,690		140,691
Xerox Corp.		15,445		144,411

				3,106,035
LEISURE PRODUCTS — 0.47%
Hasbro Inc.		1,648		140,723
Mattel Inc.		4,471		141,149
Polaris Industries Inc.		1,614		140,192

				422,064
LIFE SCIENCES TOOLS & SERVICES — 0.94%
Agilent Technologies Inc.		3,207		141,044
Illumina Inc.^a		1,065		141,794
Mettler-Toledo International Inc.^a		341		140,499
Quintiles IMS Holdings Inc.^a		1,793		137,756
Thermo Fisher Scientific Inc.		998		139,830
Waters Corp.^a		1,035		139,280

				840,203
MACHINERY — 2.86%
AGCO Corp.		2,549		142,234
Caterpillar Inc.		1,489		142,289
Cummins Inc.		1,017		144,190
Deere & Co.		1,411		141,382
Dover Corp.		1,979		143,695
Flowserve Corp.		3,047		144,580
Fortive Corp.		2,566		141,105
Illinois Tool Works Inc.		1,146		143,456
Ingersoll-Rand PLC		1,908		142,222
Middleby Corp. (The)^a		1,055		144,514
PACCAR Inc.		2,310		143,567
Parker-Hannifin Corp.		1,043		144,904
Pentair PLC		2,476		142,271


Security	Shares		Value
Snap-on Inc.		852	$	142,455
Stanley Black & Decker Inc.		1,189		141,051
WABCO Holdings Inc.^a		1,404		138,308
Wabtec Corp./DE		1,658		140,383
Xylem Inc./NY		2,709		139,730

				2,562,336
MEDIA — 3.04%
CBS Corp. Class B NVS		2,386		144,878
Charter Communications Inc. Class A^a		526		144,813
Comcast Corp. Class A		2,076		144,303
Discovery Communications Inc. Class A^a,b		2,132		57,756
Discovery Communications Inc. Class C NVS^a		3,202		84,661
DISH Network Corp. Class A^a		2,571		147,704
Interpublic Group of Companies Inc. (The)		5,875		141,411
Liberty Broadband Corp. Class C^a,b		2,030		144,759
Liberty Global PLC Series A^a		1,319		41,311
Liberty Global PLC Series C NVS^a		3,240		98,658
Liberty Global PLC LiLAC Class C^a,b		6,656		140,908
Liberty Media Corp.-Liberty SiriusXM Class A^a		1,247		45,266
Liberty Media Corp.-Liberty SiriusXM Class C^a		2,714		97,053
News Corp. Class A		12,134		140,269
Omnicom Group Inc.		1,632		141,886
Scripps Networks Interactive Inc. Class A		2,041		141,360
Sirius XM Holdings Inc.^b		31,193		142,552
TEGNA Inc.		6,461		144,920
Time Warner Inc.		1,543		141,678
Twenty-First Century Fox Inc. Class A		3,573		100,437
Twenty-First Century Fox Inc. Class B		1,475		41,388
Viacom Inc. Class B NVS		3,844		144,073
Walt Disney Co. (The)		1,457		144,418

				2,716,462
METALS & MINING — 0.48%
Freeport-McMoRan Inc.		8,833		135,587


Security	Shares		Value
Newmont Mining Corp.		4,545	$	147,440
Nucor Corp.		2,307		143,472

				426,499
MORTGAGE REAL ESTATE INVESTMENT — 0.31%
AGNC Investment Corp.		6,835		127,541
Annaly Capital Management Inc.		14,204		145,165

				272,706
MULTI-UTILITIES — 1.78%
Ameren Corp.		2,918		143,332
CenterPoint Energy Inc.		6,064		144,687
CMS Energy Corp.		3,605		144,993
Consolidated Edison Inc.		2,059		143,656
Dominion Resources Inc./VA		1,965		144,015
DTE Energy Co.		1,545		143,824
NiSource Inc.		6,616		145,155
Public Service Enterprise Group Inc.		3,514		145,163
SCANA Corp.		2,049		144,516
Sempra Energy		1,451		144,810
WEC Energy Group Inc.		2,570		143,946

				1,588,097
MULTILINE RETAIL — 0.93%
Dollar General Corp.		1,796		138,867
Dollar Tree Inc.^a		1,611		142,026
Kohl’s Corp.		2,578		138,774
Macy’s Inc.		3,188		134,533
Nordstrom Inc.		2,446		136,780
Target Corp.		1,837		141,890

				832,870
OIL, GAS & CONSUMABLE FUELS — 5.89%
Anadarko Petroleum Corp.		2,203		152,337
Antero Resources Corp.^a		5,718		140,034
Apache Corp.		2,266		149,443
Cabot Oil & Gas Corp.		6,145		135,927
Cheniere Energy Inc.^a,b		3,526		144,072
Chevron Corp.		1,290		143,912
Cimarex Energy Co.		1,104		152,220
Concho Resources Inc.^a		1,035		148,026
ConocoPhillips		3,092		150,024
Continental Resources Inc./OK^a,b		2,683		155,641
Devon Energy Corp.		3,179		153,641
Diamondback Energy Inc.^a		1,421		153,255


Security	Shares		Value
EOG Resources Inc.		1,476	$	151,320
EQT Corp.		2,008		140,721
Exxon Mobil Corp.		1,643		143,434
Hess Corp.		2,691		150,588
HollyFrontier Corp.		5,033		144,799
Kinder Morgan Inc./DE		6,568		145,810
Marathon Oil Corp.		8,533		154,106
Marathon Petroleum Corp.		3,001		141,107
Murphy Oil Corp.		4,579		155,274
Newfield Exploration Co.^a		3,407		154,065
Noble Energy Inc.		3,953		150,846
Occidental Petroleum Corp.		2,050		146,288
ONEOK Inc.		2,654		145,784
Parsley Energy Inc. Class A^a		3,986		152,066
Phillips 66		1,683		139,824
Pioneer Natural Resources Co.		772		147,483
Plains GP Holdings LP Class A		4,113		144,613
Range Resources Corp.		3,893		136,956
Southwestern Energy Co.^a		12,450		141,307
Spectra Energy Corp.		3,417		139,926
Targa Resources Corp.		2,770		147,613
Tesoro Corp.		1,664		135,366
Valero Energy Corp.		2,212		136,171
Williams Companies Inc. (The)		4,676		143,553

				5,267,552
PERSONAL PRODUCTS — 0.47%
Coty Inc. Class A		7,224		135,161
Edgewell Personal Care Co.^a		1,769		139,998
Estee Lauder Companies Inc. (The) Class A		1,841		143,046

				418,205
PHARMACEUTICALS — 1.88%
Allergan PLC^a		742		144,170
Bristol-Myers Squibb Co.		2,523		142,398
Eli Lilly & Co.		2,106		141,355
Endo International PLC^a		8,573		137,254
Jazz Pharmaceuticals PLC^a		1,292		133,890
Johnson & Johnson		1,275		141,907
Mallinckrodt PLC^a		2,518		132,699
Merck & Co. Inc.		2,307		141,165
Mylan NV^a		3,885		142,230
Perrigo Co. PLC		1,603		138,403
Pfizer Inc.		4,557		146,462
Zoetis Inc.		2,847		143,432

				1,685,365


Security	Shares		Value
PROFESSIONAL SERVICES — 1.11%
Dun & Bradstreet Corp. (The)		1,156	$	140,708
Equifax Inc.		1,201		137,454
IHS Markit Ltd.^a		4,037		145,090
ManpowerGroup Inc.		1,641		140,158
Nielsen Holdings PLC		3,321		143,135
Robert Half International Inc.		3,196		143,405
Verisk Analytics Inc. Class A^a		1,707		141,818

				991,768
REAL ESTATE MANAGEMENT & DEVELOPMENT — 0.32%
CBRE Group Inc. Class A^a		4,842		140,612
Jones Lang LaSalle Inc.		1,431		144,931

				285,543
ROAD & RAIL — 0.97%
AMERCO		420		143,413
CSX Corp.		4,099		146,785
JB Hunt Transport Services Inc.		1,541		146,965
Kansas City Southern		1,625		144,154
Norfolk Southern Corp.		1,376		146,489
Union Pacific Corp.		1,412		143,078

				870,884
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT — 2.70%
Analog Devices Inc.		1,946		144,471
Applied Materials Inc.		4,491		144,610
Broadcom Ltd.		813		138,608
Intel Corp.		4,095		142,097
KLA-Tencor Corp.		1,750		139,720
Lam Research Corp.		1,339		141,961
Linear Technology Corp.		2,302		143,944
Marvell Technology Group Ltd.		9,747		139,772
Maxim Integrated Products Inc.		3,583		140,704
Microchip Technology Inc.		2,166		143,346
Micron Technology Inc.^a		7,191		140,440
NVIDIA Corp.		1,524		140,513
Qorvo Inc.^a,b		2,622		140,041
QUALCOMM Inc.		2,102		143,209
Skyworks Solutions Inc.		1,828		140,482
Texas Instruments Inc.		1,933		142,907
Xilinx Inc.		2,695		145,476

				2,412,301


Security	Shares		Value
SOFTWARE — 3.65%
Activision Blizzard Inc.		3,843	$	140,692
Adobe Systems Inc.^a		1,374		141,261
ANSYS Inc.^a		1,523		143,208
Autodesk Inc.^a		1,905		138,322
CA Inc.		4,531		144,811
Cadence Design Systems Inc.^a		5,405		142,043
CDK Global Inc.		2,440		140,788
Citrix Systems Inc.^a		1,628		141,197
Dell Technologies Inc. Class V^a		2,778		148,790
Electronic Arts Inc.^a		1,817		143,979
Fortinet Inc.^a		4,643		139,754
Intuit Inc.		1,236		140,509
Microsoft Corp.		2,387		143,841
Nuance Communications Inc.^a		8,492		137,655
Oracle Corp.		3,570		143,478
Red Hat Inc.^a		1,818		143,822
salesforce.com inc.^a		1,936		139,392
ServiceNow Inc.^a,b		1,645		136,782
Splunk Inc.^a,b		2,484		143,128
Symantec Corp.		5,762		140,535
Synopsys Inc.^a		2,344		141,765
VMware Inc. Class A^a,b		1,817		147,431
Workday Inc. Class A^a		1,735		146,295

				3,269,478
SPECIALTY RETAIL — 3.16%
Advance Auto Parts Inc.		837		142,056
AutoNation Inc.^a		3,187		142,331
AutoZone Inc.^a		181		141,756
Bed Bath & Beyond Inc.		3,153		141,286
Best Buy Co. Inc.		3,049		139,339
CarMax Inc.^a,b		2,462		142,279
Dick’s Sporting Goods Inc.		2,390		141,177
Foot Locker Inc.		1,930		138,323
Gap Inc. (The)		5,441		135,862
Home Depot Inc. (The)		1,099		142,211
L Brands Inc.		1,986		139,457
Lowe’s Companies Inc.		1,995		140,747
O’Reilly Automotive Inc.^a		520		142,740
Ross Stores Inc.		2,068		139,776
Signet Jewelers Ltd.		1,536		140,221
Staples Inc.		14,404		139,287
Tiffany & Co.		1,808		149,124
TJX Companies Inc. (The)		1,803		141,247


Security	Shares		Value
Tractor Supply Co.		1,908	$	143,233
Ulta Salon Cosmetics & Fragrance Inc.^a		550		142,725

				2,825,177
TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS — 0.98%
Apple Inc.		1,287		142,239
Hewlett Packard Enterprise Co.		6,080		144,704
HP Inc.		9,629		148,287
NetApp Inc.		3,939		144,010
Seagate Technology PLC		3,688		147,889
Western Digital Corp.		2,346		149,346

				876,475
TEXTILES, APPAREL & LUXURY GOODS — 1.40%
Coach Inc.		3,731		135,771
Hanesbrands Inc.		5,849		135,872
lululemon athletica Inc.^a		2,472		140,879
Michael Kors Holdings Ltd.^a		2,947		137,006
NIKE Inc. Class B		2,789		139,645
PVH Corp.		1,323		140,159
Ralph Lauren Corp.		1,282		134,110
Under Armour Inc. Class A^a,b		2,601		80,111
Under Armour Inc. Class C^a		2,645		68,188
VF Corp.		2,505		136,548

				1,248,289
THRIFTS & MORTGAGE FINANCE — 0.16%
New York Community Bancorp. Inc.		8,988		143,628

				143,628
TOBACCO — 0.48%
Altria Group Inc.		2,252		143,970
Philip Morris International Inc.		1,611		142,219
Reynolds American Inc.		2,634		142,500

				428,689
TRADING COMPANIES & DISTRIBUTORS — 0.50%
Fastenal Co.		3,096		146,750
United Rentals Inc.^a		1,471		148,733
WW Grainger Inc.		642		148,026

				443,509
TRANSPORTATION INFRASTRUCTURE — 0.16%
Macquarie Infrastructure Corp.		1,752		143,559

				143,559


Security	Shares		Value
WATER UTILITIES — 0.16%
American Water Works Co. Inc.		1,975	$	143,128

				143,128
WIRELESS TELECOMMUNICATION SERVICES — 0.32%
Sprint Corp.^a		18,619		145,973
T-Mobile U.S. Inc.^a		2,635		142,843

				288,816

TOTAL COMMON STOCKS (Cost: $82,819,196)				89,174,858

SHORT-TERM INVESTMENTS — 2.73%

MONEY MARKET FUNDS — 2.73%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^d,e,f		2,333,567		2,334,267
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^d,e		108,060		108,060

				2,442,327


TOTAL SHORT-TERM INVESTMENTS (Cost: $2,441,727)				2,442,327


TOTAL INVESTMENTS IN SECURITIES — 102.40% (Cost: $85,260,923)^g				91,617,185
Other Assets, Less Liabilities — (2.40)%				(2,147,479	)

NET ASSETS — 100.00%			$	89,469,706

NVS — Non-Voting Shares

^a	Non-income earning security.

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

^c	Affiliated issuer. See Schedule 1.

^d	Affiliated money market fund.

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

^f	All or a portion of this security represents an investment of securities lending collateral.

^g	The cost of investments for federal income tax purposes was $85,931,973. Net unrealized appreciation was $5,685,212, of which $8,329,365 represented gross unrealized appreciation on securities and $2,644,153 represented gross unrealized depreciation on securities.


Security	Shares		Value
COMMON STOCKS — 99.46%

AUSTRALIA — 2.68%
AGL Energy Ltd.		10,164	$	157,553
Amcor Ltd./Australia		13,272		141,010
AMP Ltd.		28,560		99,177
APA Group		13,202		77,742
ASX Ltd.		2,523		90,708
Aurizon Holdings Ltd.		22,386		82,369
Australia & New Zealand Banking Group Ltd.		24,906		522,795
Bendigo & Adelaide Bank Ltd.		7,014		62,447
BHP Billiton Ltd.		29,316		528,724
Brambles Ltd.		15,666		136,351
Cochlear Ltd.		1,134		99,453
Commonwealth Bank of Australia		14,843		862,535
Computershare Ltd.		6,006		51,475
Crown Resorts Ltd.		4,830		41,896
CSL Ltd.		4,410		319,316
Dexus Property Group		14,965		100,839
Fortescue Metals Group Ltd.		8,526		36,978
Goodman Group		21,420		105,719
GPT Group (The)		27,888		99,728
Incitec Pivot Ltd.		25,662		59,725
Insurance Australia Group Ltd.		25,158		103,907
James Hardie Industries PLC		6,224		95,743
LendLease Group		8,862		89,114
Macquarie Group Ltd.		2,992		185,473
Medibank Pvt Ltd.		31,418		60,354
Mirvac Group		63,210		95,741
National Australia Bank Ltd.		22,974		491,068
Newcrest Mining Ltd.		8,274		119,453
Oil Search Ltd.		11,320		53,946
Orica Ltd.		4,830		60,596
Origin Energy Ltd.		20,034		87,925
QBE Insurance Group Ltd.		13,398		110,573
Ramsay Health Care Ltd.		1,722		90,091
Rio Tinto Ltd.		3,906		166,663
Santos Ltd.		18,073		52,478
Scentre Group		60,837		190,585
Sonic Healthcare Ltd.		5,712		92,003
South32 Ltd.		56,872		113,874
Stockland		36,126		115,575
Suncorp Group Ltd.		11,315		104,501


Security	Shares		Value
Sydney Airport		11,048	$	51,262
Tatts Group Ltd.^a		20,748		64,231
Telstra Corp. Ltd.		36,185		135,013
Transurban Group		20,178		157,136
Vicinity Centres		41,832		90,250
Wesfarmers Ltd.		9,744		300,789
Westfield Corp.		22,218		150,040
Westpac Banking Corp.		29,026		670,612
Woodside Petroleum Ltd.		6,258		136,955
Woolworths Ltd.		11,634		196,757

				8,109,248
AUSTRIA — 0.07%
Andritz AG		1,218		62,897
Erste Group Bank AG		3,444		95,865
OMV AG		1,638		52,988

				211,750
BELGIUM — 0.48%
Ageas		2,604		97,275
Anheuser-Busch InBev SA/NV		7,266		755,670
Colruyt SA		1,344		67,985
Groupe Bruxelles Lambert SA		714		58,662
KBC Group NV		2,871		172,318
Proximus SADP		1,386		39,219
Solvay SA		721		82,411
UCB SA		1,470		94,654
Umicore SA		1,554		93,189

				1,461,383
CANADA — 3.65%
Agnico Eagle Mines Ltd.		2,814		115,523
Agrium Inc.		1,470		148,017
Alimentation Couche-Tard Inc. Class B^a		4,410		203,314
ARC Resources Ltd.		4,242		74,202
Bank of Montreal		5,964		392,677
Bank of Nova Scotia (The)		10,542		581,276
Barrick Gold Corp.		12,138		181,898
BCE Inc.		1,512		65,097
BlackBerry Ltd.^a,b		6,258		48,124
Brookfield Asset Management Inc. Class A		8,820		293,410
Cameco Corp.		5,502		50,576
Canadian Imperial Bank of Commerce		3,612		284,694


Security	Shares		Value
Canadian National Railway Co.		7,308	$	488,124
Canadian Natural Resources Ltd.		10,080		339,823
Canadian Pacific Railway Ltd.		1,428		218,384
Canadian Tire Corp. Ltd. Class A		798		83,040
Canadian Utilities Ltd. Class A		1,722		45,298
Cenovus Energy Inc.		8,568		132,350
CGI Group Inc. Class A^b		2,520		119,253
CI Financial Corp.		3,108		61,416
Constellation Software Inc./Canada		252		117,405
Crescent Point Energy Corp.		5,376		68,369
Enbridge Inc.		8,526		358,262
Encana Corp.		9,240		115,929
Fairfax Financial Holdings Ltd.		252		119,632
Finning International Inc.		2,982		60,013
First Quantum Minerals Ltd.		4,704		53,666
Fortis Inc./Canada		3,990		118,816
Franco-Nevada Corp.		1,848		107,243
George Weston Ltd.		1,050		87,242
Gildan Activewear Inc.		3,192		86,696
Goldcorp Inc.		8,148		107,440
Great-West Lifeco Inc.		2,520		66,270
Husky Energy Inc.^b		4,179		49,013
IGM Financial Inc.		1,218		35,237
Imperial Oil Ltd.		3,192		109,178
Intact Financial Corp.		1,554		108,061
Inter Pipeline Ltd.		4,216		85,631
Loblaw Companies Ltd.		2,562		132,978
Magna International Inc. Class A		3,864		155,985
Manulife Financial Corp.		17,640		306,857
Metro Inc.		4,032		122,675
National Bank of Canada		3,780		141,462
Onex Corp.		1,428		100,128
Open Text Corp.		1,554		98,919
Pembina Pipeline Corp.		5,124		150,412
Potash Corp. of Saskatchewan Inc.		8,484		154,587
Power Corp. of Canada		3,444		76,841
Power Financial Corp.		2,436		61,453
PrairieSky Royalty Ltd.		2,142		52,236
Restaurant Brands International Inc.		2,226		105,903
RioCan REIT		3,360		66,920
Rogers Communications Inc. Class B		3,486		134,556


Security	Shares		Value
Royal Bank of Canada		12,852	$	832,331
Saputo Inc.		3,528		119,201
Shaw Communications Inc. Class B		3,786		74,025
Silver Wheaton Corp.		5,460		99,243
SNC-Lavalin Group Inc.		1,974		83,564
Sun Life Financial Inc.		5,250		201,394
Suncor Energy Inc.		14,878		473,361
Teck Resources Ltd. Class B		4,368		110,483
TELUS Corp.		64		1,997
Thomson Reuters Corp.		3,192		137,665
Toronto-Dominion Bank (The)		16,212		766,471
Tourmaline Oil Corp.^b		2,478		66,788
TransCanada Corp.		7,686		344,858
Valeant Pharmaceuticals International Inc.^b		3,486		55,067
Vermilion Energy Inc.		1,596		64,678

				11,073,637
DENMARK — 0.60%
AP Moller — Maersk A/S Class A		126		160,159
Carlsberg A/S Class B		1,134		96,526
Coloplast A/S Class B		1,344		85,447
Danske Bank A/S		7,266		212,481
DSV A/S		2,892		130,259
Genmab A/S^b		420		72,818
Novo Nordisk A/S Class B		17,388		590,046
Novozymes A/S Class B		2,898		98,258
Pandora A/S^a		1,224		145,810
Vestas Wind Systems A/S		2,284		150,842
William Demant Holding A/S^b		3,990		67,585

				1,810,231
FINLAND — 0.32%
Elisa OYJ		2,058		64,664
Fortum OYJ		3,696		53,714
Kone OYJ Class B		3,528		155,538
Metso OYJ		1,512		42,825
Nokia OYJ		54,118		233,078
Sampo OYJ Class A		3,528		156,100
Stora Enso OYJ Class R		6,804		65,717
UPM-Kymmene OYJ		5,586		127,994
Wartsila OYJ Abp		1,848		77,963

				977,593


Security	Shares		Value
FRANCE — 3.53%
Accor SA		2,184	$	77,450
Air Liquide SA		3,465		353,158
Airbus Group SE		5,460		349,082
Alstom SA^b		2,604		70,605
ArcelorMittal^b		18,443		139,455
Atos SE		1,134		117,323
AXA SA		16,716		394,190
BNP Paribas SA		9,619		558,966
Bollore SA^a		19,950		65,521
Bouygues SA		1,932		65,583
Bureau Veritas SA		3,445		64,903
Capgemini SA		1,596		126,131
Carrefour SA		5,292		124,176
Casino Guichard Perrachon SA		672		30,603
Christian Dior SE		588		114,458
Cie. de Saint-Gobain		4,368		189,629
Cie. Generale des Etablissements Michelin Class B		1,806		193,496
Credit Agricole SA		9,366		105,813
Danone SA		5,292		333,232
Dassault Systemes		1,596		121,932
Edenred		2,310		48,752
Engie SA		11,424		141,181
Essilor International SA		1,890		200,692
Eutelsat Communications SA		2,730		49,188
Groupe Eurotunnel SE Registered		7,938		69,891
Hermes International		303		125,162
Iliad SA		336		63,979
Ingenico Group SA		588		45,858
Kering		756		164,403
Klepierre		2,880		107,494
L’Oreal SA		2,184		373,118
Lagardere SCA		1,638		40,425
Legrand SA		2,646		148,063
LVMH Moet Hennessy Louis Vuitton SE		2,520		458,991
Orange SA		17,556		256,165
Pernod Ricard SA		2,016		211,719
Peugeot SA^b		4,998		73,802
Publicis Groupe SA		1,932		125,489
Renault SA		1,820		143,525
Safran SA		3,024		207,773
Sanofi		10,542		851,134


Security	Shares		Value
Schneider Electric SE		5,017	$	334,330
SCOR SE		1,848		58,742
SES SA		3,528		76,328
SFR Group SA		1,512		38,238
Societe BIC SA		420		54,378
Societe Generale SA		7,140		307,395
Sodexo SA		1,050		114,948
STMicroelectronics NV		7,686		78,467
Suez		2,982		41,677
Technip SA^a		1,428		99,009
Thales SA		1,344		131,351
Total SA		19,992		953,384
Unibail-Rodamco SE^a		900		198,820
Valeo SA		2,646		147,670
Veolia Environnement SA		4,410		76,277
Vinci SA		4,494		291,898
Vivendi SA		10,248		195,571

				10,700,993
GERMANY — 3.03%
adidas AG		2,100		309,647
Allianz SE Registered		3,990		634,042
BASF SE		8,232		707,246
Bayer AG Registered		7,518		706,513
Bayerische Motoren Werke AG		3,066		261,526
Beiersdorf AG		1,219		99,673
Brenntag AG		2,268		119,489
Commerzbank AG		13,147		91,669
Continental AG		1,026		182,195
Daimler AG Registered		8,064		536,867
Deutsche Bank AG Registered^b		13,650		215,172
Deutsche Boerse AG^b		2,058		166,463
Deutsche Lufthansa AG Registered		1,680		21,787
Deutsche Post AG Registered		9,618		300,880
Deutsche Telekom AG Registered		28,519		449,710
E.ON SE		20,188		133,354
Fresenius Medical Care AG & Co. KGaA		2,310		180,353
Fresenius SE & Co. KGaA		3,822		274,684
GEA Group AG		2,562		95,584
Hannover Rueck SE		840		89,241
HeidelbergCement AG		1,680		150,787
Henkel AG & Co. KGaA		1,302		132,688
Infineon Technologies AG		11,970		200,371


Security	Shares		Value
Lanxess AG		1,554	$	95,925
Linde AG		1,848		308,168
MAN SE		756		74,631
Merck KGaA		1,554		155,848
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen Registered		1,512		275,635
Osram Licht AG		1,555		79,236
ProSiebenSat.1 Media SE Registered		2,279		78,172
QIAGEN NV^a,b		4,116		113,741
RWE AG^b		4,956		62,352
SAP SE		9,030		755,593
Siemens AG Registered		7,140		807,400
ThyssenKrupp AG		4,410		100,206
Vonovia SE		5,166		166,759
Zalando SE^a,b,c		1,302		48,569

				9,182,176
HONG KONG — 1.25%
AIA Group Ltd.		126,000		768,347
Bank of East Asia Ltd. (The)^a		42,000		174,083
BOC Hong Kong Holdings Ltd.^a		63,000		236,352
Cheung Kong Property Holdings Ltd.		42,000		287,521
CK Hutchison Holdings Ltd.^a		21,000		255,845
CLP Holdings Ltd.		21,000		205,353
Galaxy Entertainment Group Ltd.		42,000		208,466
Hang Seng Bank Ltd.^a		16,800		318,385
Hong Kong & China Gas Co. Ltd.^a		142,271		264,856
Hong Kong Exchanges & Clearing Ltd.^a		9,700		255,110
Li & Fung Ltd.^a		92,000		40,327
Link REIT^a		42,000		289,145
MTR Corp. Ltd.		42,000		210,091
New World Development Co. Ltd.		102,333		113,987
Sands China Ltd.^a		33,600		165,473

				3,793,341
IRELAND — 0.17%
Bank of Ireland^b		224,280		47,821
CRH PLC		7,140		238,547
Kerry Group PLC Class A		1,848		131,011
Paddy Power Betfair PLC		852		89,024

				506,403


Security	Shares		Value
ISRAEL — 0.24%
Bank Hapoalim BM		26,292	$	158,140
Check Point Software Technologies Ltd.^a,b		1,134		93,362
Mobileye NV^a,b		1,722		64,110
Nice Ltd.		1,176		77,666
Teva Pharmaceutical Industries Ltd. ADR		8,610		324,597

				717,875
ITALY — 0.67%
Assicurazioni Generali SpA		10,584		133,832
Atlantia SpA		4,956		110,193
CNH Industrial NV		11,088		94,568
Enel SpA		65,918		266,697
Eni SpA		22,470		313,207
Ferrari NV		1,354		74,258
Fiat Chrysler Automobiles NV^a		11,550		89,319
Intesa Sanpaolo SpA		123,480		274,550
Leonardo-Finmeccanica SpA^b		3,996		51,927
Luxottica Group SpA^a		2,142		111,567
Saipem SpA^b		74,967		33,727
Snam SpA		24,696		95,726
Telecom Italia SpA/Milano^a,b		128,604		97,338
Tenaris SA		5,754		91,985
Terna Rete Elettrica Nazionale SpA		20,706		89,880
UniCredit SpA		53,004		113,690

				2,042,464
JAPAN — 8.81%
Aeon Co. Ltd.		8,400		116,182
Aisin Seiki Co. Ltd.		4,200		180,245
Ajinomoto Co. Inc.		8,400		163,105
ANA Holdings Inc.		42,000		116,956
Asahi Group Holdings Ltd.		8,400		274,385
Asahi Kasei Corp.		42,000		375,049
Astellas Pharma Inc.		25,200		349,321
Bridgestone Corp.		8,400		321,934
Canon Inc.		12,600		360,600
Casio Computer Co. Ltd.^a		4,500		59,042
Chubu Electric Power Co. Inc.		12,600		177,536
Chugai Pharmaceutical Co. Ltd.		4,200		118,505
Chugoku Electric Power Co. Inc. (The)		12,600		143,975


Security	Shares		Value
Concordia Financial Group Ltd.		16,800	$	77,480
Dai-ichi Life Holdings Inc.		11,200		180,220
Daiichi Sankyo Co. Ltd.		9,300		194,415
Daikin Industries Ltd.		4,200		394,954
Daiwa House Industry Co. Ltd.		8,400		239,737
Denso Corp.		4,200		183,562
Dentsu Inc.		4,200		192,777
East Japan Railway Co.		4,200		359,974
Eisai Co. Ltd.		4,200		243,607
FANUC Corp.		1,100		186,366
Fast Retailing Co. Ltd.		400		138,909
Fuji Heavy Industries Ltd.		8,400		342,428
FUJIFILM Holdings Corp.		4,200		156,618
Fujitsu Ltd.		42,000		248,731
Hakuhodo DY Holdings Inc.		8,400		97,900
Hitachi Ltd.		42,000		224,587
Honda Motor Co. Ltd.		16,800		491,269
Hoya Corp.		4,200		165,833
Hulic Co. Ltd.		8,400		79,175
Iida Group Holdings Co. Ltd.		4,200		81,755
INPEX Corp.		16,800		159,972
ITOCHU Corp.		16,800		230,301
Japan Airlines Co. Ltd.		4,200		124,771
Japan Exchange Group Inc.		8,400		124,881
Japan Retail Fund Investment Corp.		84		171,177
Japan Tobacco Inc.		12,600		436,347
JFE Holdings Inc.		8,400		123,112
JTEKT Corp.		4,200		67,454
JX Holdings Inc.		37,800		144,771
Kansai Electric Power Co. Inc. (The)^b		12,600		124,734
Kao Corp.		4,200		194,141
KDDI Corp.		16,800		442,171
Kirin Holdings Co. Ltd.		12,600		206,065
Kobe Steel Ltd.^b		4,200		39,772
Komatsu Ltd.		12,600		291,212
Konami Holdings Corp.		4,200		142,648
Konica Minolta Inc.		12,600		120,753
Kubota Corp.		12,600		191,026
Kuraray Co. Ltd.		12,600		178,918
Kyocera Corp.		4,200		200,370
Kyushu Electric Power Co. Inc.		8,400		82,935
Kyushu Financial Group Inc.		12,600		83,267


Security	Shares		Value
M3 Inc.		4,200	$	108,847
Marubeni Corp.		29,400		161,597
Marui Group Co. Ltd.		4,200		58,091
Mazda Motor Corp.		8,400		135,202
Mitsubishi Chemical Holdings Corp.		29,400		185,645
Mitsubishi Corp.		16,800		364,397
Mitsubishi Electric Corp.		16,400		226,904
Mitsubishi Estate Co. Ltd.		10,000		202,334
Mitsubishi Heavy Industries Ltd.		42,000		186,806
Mitsubishi Motors Corp.		8,400		38,998
Mitsubishi UFJ Financial Group Inc.		122,400		719,501
Mitsubishi UFJ Lease & Finance Co. Ltd.		29,400		135,976
Mitsui & Co. Ltd.		21,100		285,450
Mitsui Fudosan Co. Ltd.		4,000		94,449
Mizuho Financial Group Inc.		256,200		455,537
MS&AD Insurance Group Holdings Inc.		6,100		189,994
Murata Manufacturing Co. Ltd.		1,400		189,521
Nagoya Railroad Co. Ltd.		42,000		206,784
NEC Corp.		30,000		78,459
Nidec Corp.		4,200		377,445
Nikon Corp.^a		8,400		123,849
Nintendo Co. Ltd.		500		121,879
Nippon Paint Holdings Co. Ltd.		4,200		133,064
Nippon Steel & Sumitomo Metal Corp.		8,447		181,846
Nippon Telegraph & Telephone Corp.		8,400		340,954
Nissan Motor Co. Ltd.		29,400		272,597
Nitto Denko Corp.		4,200		291,046
Nomura Holdings Inc.		46,200		248,952
Nomura Real Estate Master Fund Inc.		84		125,692
NTT DOCOMO Inc.		16,800		386,881
Olympus Corp.		4,200		148,177
Omron Corp.		4,200		155,549
Ono Pharmaceutical Co. Ltd.		4,200		93,385
Oriental Land Co. Ltd./Japan		4,200		240,216
ORIX Corp.		16,800		262,664
Otsuka Holdings Co. Ltd.		4,200		171,288
Panasonic Corp.		25,200		257,430


Security	Shares		Value
Rakuten Inc.		12,600	$	124,734
Recruit Holdings Co. Ltd.		4,200		160,893
Resona Holdings Inc.		29,400		141,936
Ricoh Co. Ltd.		12,600		101,844
Sekisui House Ltd.		8,400		137,856
Seven & I Holdings Co. Ltd.		8,400		326,947
Seven Bank Ltd.		25,200		72,098
Shin-Etsu Chemical Co. Ltd.		4,200		311,835
Shionogi & Co. Ltd.		4,200		199,412
Shiseido Co. Ltd.		4,200		107,225
SoftBank Group Corp.		8,400		494,807
Sompo Holdings Inc.		4,200		137,414
Sony Corp.		12,600		363,586
Sumitomo Corp.		21,000		251,569
Sumitomo Electric Industries Ltd.		12,600		177,204
Sumitomo Mitsui Financial Group Inc.		12,600		465,098
Sumitomo Mitsui Trust Holdings Inc.		4,200		152,969
Sumitomo Realty & Development Co. Ltd.		2,000		55,448
Suzuki Motor Corp.		4,200		135,644
Sysmex Corp.		4,200		253,965
T&D Holdings Inc.		8,400		105,346
Takeda Pharmaceutical Co. Ltd.		8,400		345,377
Terumo Corp.		4,200		148,361
Tohoku Electric Power Co. Inc.		8,400		98,268
Tokio Marine Holdings Inc.		8,400		361,153
Tokyo Electric Power Co. Holdings Inc.^b		21,000		78,327
Tokyo Gas Co. Ltd.		42,000		183,820
Tokyu Fudosan Holdings Corp.		16,800		96,573
Toshiba Corp.^b		42,000		156,728
Toyota Motor Corp.		25,200		1,470,488
Unicharm Corp.		4,200		89,735
USS Co. Ltd.		4,200		67,490
Yahoo Japan Corp.		29,500		107,701
Yamada Denki Co. Ltd.		16,800		90,086
Yamaha Corp.		4,200		128,457
Yamato Holdings Co. Ltd.		4,200		84,464
Yokogawa Electric Corp.		4,200		58,423

				26,718,617
NETHERLANDS — 1.19%
Aegon NV		17,472		88,928


Security	Shares		Value
AerCap Holdings NV^b		2,142	$	91,785
Akzo Nobel NV		2,521		157,140
Altice NV Class A^a,b		2,884		49,714
Altice NV Class B^a,b		2,352		40,906
ASML Holding NV		3,402		352,295
Gemalto NV^a		1,092		55,742
Heineken Holding NV		1,260		88,604
Heineken NV		2,226		166,994
ING Groep NV		33,936		462,591
Koninklijke Ahold Delhaize NV		14,217		280,665
Koninklijke DSM NV		2,059		124,979
Koninklijke KPN NV		36,708		105,877
Koninklijke Philips NV		9,339		268,871
NN Group NV		1,680		54,052
NXP Semiconductors NV^a,b		2,772		274,844
Randstad Holding NV		1,443		73,337
RELX NV		8,867		143,349
Unilever NV CVA		14,280		573,739
Wolters Kluwer NV		4,242		153,087

				3,607,499
NEW ZEALAND — 0.06%
Fletcher Building Ltd.		13,356		97,318
Spark New Zealand Ltd.		27,090		69,797

				167,115
NORWAY — 0.22%
DNB ASA		10,416		153,429
Norsk Hydro ASA		16,212		76,441
Orkla ASA		7,476		66,653
Statoil ASA		11,046		189,308
Telenor ASA		6,678		98,682
Yara International ASA		2,520		93,244

				677,757
PORTUGAL — 0.04%
EDP — Energias de Portugal SA		20,523		59,369
Galp Energia SGPS SA		3,923		53,122

				112,491
SINGAPORE — 0.51%
Ascendas REIT		69,765		114,457
CapitaLand Ltd.^a		58,800		126,434
CapitaLand Mall Trust^a		92,400		125,789
DBS Group Holdings Ltd.		16,000		196,034
Genting Singapore PLC		96,600		65,416
Global Logistic Properties Ltd.^a		58,800		84,563


Security	Shares		Value
Hutchison Port Holdings Trust^a		117,600	$	49,392
Jardine Matheson Holdings Ltd.		4,200		227,640
Oversea-Chinese Banking Corp. Ltd.		25,200		159,743
Singapore Telecommunications Ltd.		92,400		243,837
United Overseas Bank Ltd.^a		11,800		168,136

				1,561,441
SPAIN — 1.07%
Abertis Infraestructuras SA		7,205		96,341
ACS Actividades de Construccion y Servicios SA		2,758		81,290
Aena SA^c		798		105,899
Amadeus IT Holding SA Class A		4,662		211,467
Banco Bilbao Vizcaya Argentaria SA		57,454		355,078
Banco de Sabadell SA		57,339		71,591
Banco Popular Espanol SA		44,223		38,796
Banco Santander SA		131,077		599,707
Bankia SA		69,678		62,162
Bankinter SA		10,206		76,782
CaixaBank SA		33,457		97,352
Distribuidora Internacional de Alimentacion SA		8,022		36,643
Enagas SA		193		4,760
Endesa SA		2,670		55,245
Ferrovial SA		5,502		97,616
Gas Natural SDG SA		2,394		41,014
Grifols SA		3,528		69,236
Iberdrola SA		46,895		282,509
Industria de Diseno Textil SA		9,660		330,733
International Consolidated Airlines Group SA^a		13,566		73,667
Repsol SA		11,408		152,480
Telefonica SA		37,311		310,778

				3,251,146
SWEDEN — 1.02%
Alfa Laval AB		3,906		58,556
Assa Abloy AB		11,592		218,982
Atlas Copco AB Class A		5,502		166,276
Atlas Copco AB Class B		4,704		126,313
Boliden AB		3,784		97,633
Electrolux AB Class B		2,394		55,934
Hennes & Mauritz AB Class B		8,400		243,757


Security	Shares		Value
Hexagon AB Class B		2,730	$	96,609
Investor AB Class B		5,166		174,308
Kinnevik AB Class B		2,688		65,802
Lundin Petroleum AB^b		3,150		59,301
Millicom International Cellular SA SDR		716		30,200
Nordea Bank AB		25,704		269,792
Sandvik AB		10,967		129,722
Skandinaviska Enskilda Banken AB Class A		13,272		132,116
Skanska AB Class B		4,704		108,021
SKF AB Class B		4,200		75,520
Svenska Cellulosa AB SCA Class B		5,628		149,966
Svenska Handelsbanken AB Class A		14,028		194,496
Swedbank AB Class A		7,770		179,185
Swedish Match AB		2,730		85,106
Telefonaktiebolaget LM Ericsson Class B		28,476		146,482
Telia Co. AB		16,758		62,915
Volvo AB Class B		14,711		157,117

				3,084,109
SWITZERLAND — 3.10%
ABB Ltd. Registered		19,992		406,650
Actelion Ltd. Registered		1,050		202,032
Adecco Group AG Registered		1,512		92,993
Aryzta AG		1,176		50,012
Baloise Holding AG Registered		798		95,965
Cie. Financiere Richemont SA Class A Registered		4,998		326,037
Credit Suisse Group AG Registered		16,472		218,624
Geberit AG Registered		504		199,146
Givaudan SA Registered		126		224,132
Julius Baer Group Ltd.		2,478		109,298
Kuehne + Nagel International AG Registered		798		104,034
LafargeHolcim Ltd. Registered		4,536		239,792
Nestle SA Registered		28,560		1,917,738
Novartis AG Registered		20,118		1,387,414
Partners Group Holding AG		336		162,945
Roche Holding AG		6,216		1,383,367


Security	Shares		Value
Schindler Holding AG Participation Certificates		504	$	89,356
Schindler Holding AG Registered		504		88,267
SGS SA Registered		84		168,470
Sonova Holding AG Registered		756		91,211
Swatch Group AG (The) Bearer^a		378		110,916
Swiss Life Holding AG Registered		378		103,754
Swiss Prime Site AG Registered		606		49,496
Swiss Re AG		3,024		277,864
Swisscom AG Registered		210		89,575
Syngenta AG Registered		882		336,730
UBS Group AG		33,232		527,523
Zurich Insurance Group AG		1,302		340,630

				9,393,971
UNITED KINGDOM — 6.52%
3i Group PLC		8,683		74,746
Aberdeen Asset Management PLC		11,214		37,549
Admiral Group PLC		2,646		62,845
Anglo American PLC^b		14,322		212,043
Antofagasta PLC^a		6,552		56,402
Ashtead Group PLC		3,234		63,316
Associated British Foods PLC		3,570		113,739
AstraZeneca PLC		11,718		607,506
Auto Trader Group PLC^c		15,498		77,395
Aviva PLC		34,830		194,519
Babcock International Group PLC		5,586		66,651
BAE Systems PLC		31,290		234,758
Barclays PLC		152,460		411,349
BHP Billiton PLC		20,076		329,465
BP PLC		169,722		974,267
British American Tobacco PLC		17,304		949,858
British Land Co. PLC (The)		8,946		66,113
BT Group PLC		79,044		352,663
Bunzl PLC		5,292		136,204
Burberry Group PLC		4,620		82,485
Capita PLC		6,426		42,110
Carnival PLC		2,184		110,348
Centrica PLC		49,938		131,212
Cobham PLC		22,111		45,389
Compass Group PLC		16,474		282,188
Croda International PLC		2,038		83,060
Diageo PLC		23,436		587,083
Experian PLC		9,912		186,999


Security	Shares		Value
G4S PLC		20,496	$	62,508
GKN PLC		19,614		75,943
GlaxoSmithKline PLC		45,192		844,403
Glencore PLC^b		119,956		418,595
Hammerson PLC		7,224		49,145
HSBC Holdings PLC		181,020		1,436,609
ICAP PLC		6,720		40,880
IMI PLC		3,528		42,757
Imperial Brands PLC		9,156		392,718
Inmarsat PLC^a		5,460		48,468
InterContinental Hotels Group PLC		2,450		100,432
Intertek Group PLC		2,772		113,909
Intu Properties PLC^a		12,913		43,415
Investec PLC		8,358		54,301
ITV PLC		38,430		80,664
J Sainsbury PLC		13,622		39,315
Johnson Matthey PLC		2,186		85,486
Kingfisher PLC		21,672		95,609
Land Securities Group PLC		7,224		87,549
Legal & General Group PLC		52,626		155,041
Liberty Global PLC LiLAC Class C^b		1,598		33,830
Lloyds Banking Group PLC		569,142		411,506
London Stock Exchange Group PLC		3,574		122,708
Marks & Spencer Group PLC		15,624		64,164
Meggitt PLC		10,920		64,452
National Grid PLC		33,768		385,277
Next PLC		1,554		95,215
Old Mutual PLC		49,560		117,587
Pearson PLC		8,064		80,148
Prudential PLC		23,772		459,916
Randgold Resources Ltd.		896		63,809
Reckitt Benckiser Group PLC		5,922		500,391
RELX PLC		11,424		196,256
Rio Tinto PLC		11,802		440,888
Rolls-Royce Holdings PLC		17,892		151,227
Rolls-Royce Holdings PLC New^b		823,032		1,028
Royal Bank of Scotland Group PLC^b		36,540		88,704
Royal Dutch Shell PLC Class A		38,280		968,976
Royal Dutch Shell PLC Class B		34,947		924,996
RSA Insurance Group PLC		12,323		83,217


Security	Shares		Value
Sage Group PLC (The)		13,986	$	114,892
Segro PLC		7,602		39,701
Severn Trent PLC		3,612		98,696
Shire PLC		8,376		487,668
Sky PLC		9,198		89,752
Smith & Nephew PLC		8,778		123,601
Smiths Group PLC		5,334		94,033
SSE PLC		8,628		159,002
Standard Chartered PLC^b		30,997		248,283
Standard Life PLC		17,035		73,556
Tate & Lyle PLC		9,030		76,493
Taylor Wimpey PLC		38,262		70,894
Tesco PLC^b		80,430		209,721
TUI AG		5,628		74,113
Unilever PLC		12,054		481,326
United Utilities Group PLC		7,350		81,087
Vodafone Group PLC		235,959		571,631
Weir Group PLC (The)		3,024		68,310
Whitbread PLC		2,184		94,522
Wolseley PLC		2,741		159,073
WPP PLC		11,928		254,690

				19,765,348
UNITED STATES — 60.23%
3M Co.		5,502		944,913
Abbott Laboratories		12,894		490,875
AbbVie Inc.		14,574		886,099
Accenture PLC Class A		5,586		667,136
Activision Blizzard Inc.		5,629		206,078
Acuity Brands Inc.		462		116,151
Adobe Systems Inc.^b		4,578		470,664
Advance Auto Parts Inc.		756		128,308
AES Corp./VA		6,174		70,692
Aetna Inc.		3,192		417,641
Affiliated Managers Group Inc.^b		756		111,964
Aflac Inc.		3,570		254,827
AGCO Corp.		1,176		65,621
Agilent Technologies Inc.		3,444		151,467
AGNC Investment Corp.		2,494		46,538
Air Products & Chemicals Inc.		1,932		279,097
Akamai Technologies Inc.^b		1,806		120,460
Albemarle Corp.		1,261		110,691
Alexion Pharmaceuticals Inc.^b		2,184		267,737
Alkermes PLC^b		1,764		100,248
Alleghany Corp.^b		111		63,042


Security	Shares		Value
Allergan PLC^b		3,654	$	709,972
Alliance Data Systems Corp.		546		124,914
Alliant Energy Corp.		3,066		110,131
Allstate Corp. (The)		3,612		252,551
Alphabet Inc. Class A^b		2,646		2,052,978
Alphabet Inc. Class C^b		2,856		2,164,962
Altria Group Inc.		17,515		1,119,734
Amazon.com Inc.^b		3,696		2,774,107
Ameren Corp.		2,604		127,908
American Airlines Group Inc.		1,764		81,920
American Electric Power Co. Inc.		4,452		262,891
American Express Co.		7,518		541,597
American International Group Inc.		9,786		619,747
American Tower Corp.		3,780		386,581
American Water Works Co. Inc.		2,646		191,756
Ameriprise Financial Inc.		1,848		211,060
AmerisourceBergen Corp.		1,764		137,574
AMETEK Inc.		2,814		133,243
Amgen Inc.		6,720		968,150
Amphenol Corp. Class A		2,856		194,951
Anadarko Petroleum Corp.		5,082		351,420
Analog Devices Inc.		2,901		215,370
Annaly Capital Management Inc.		8,652		88,423
ANSYS Inc.^b		1,135		106,724
Anthem Inc.		2,436		347,203
Aon PLC		2,688		306,701
Apache Corp.		3,528		232,672
Apple Inc.		49,644		5,486,655
Applied Materials Inc.		11,046		355,681
Arch Capital Group Ltd.^b		1,848		152,867
Archer-Daniels-Midland Co.		5,460		236,036
Arconic Inc.		4,746		91,503
Arrow Electronics Inc.^b		1,134		77,418
Assurant Inc.		840		72,526
AT&T Inc.		55,230		2,133,535
Autodesk Inc.^b		2,268		164,679
Autoliv Inc.		924		95,597
Automatic Data Processing Inc.		4,032		387,153
AutoZone Inc.^b		336		263,148
AvalonBay Communities Inc.		1,260		207,257
Avery Dennison Corp.		1,344		96,849
Avnet Inc.		1,932		88,659
Axis Capital Holdings Ltd.		1,176		71,748
Baker Hughes Inc.		3,822		245,869


Security	Shares		Value
Ball Corp.		1,264	$	94,876
Ball Corp. New		500		37,530
Bank of America Corp.		92,904		1,962,132
Bank of New York Mellon Corp. (The)		10,290		487,952
Baxter International Inc.		4,494		199,399
BB&T Corp.		7,141		323,130
Becton Dickinson and Co.		1,814		306,747
Bed Bath & Beyond Inc.		1,806		80,927
Berkshire Hathaway Inc. Class B^b		10,332		1,626,670
Best Buy Co. Inc.		3,150		143,955
Biogen Inc.^b		1,974		580,494
BioMarin Pharmaceutical Inc.^b		1,764		151,051
BlackRock Inc.^d		1,134		420,476
Boeing Co. (The)		5,502		828,381
BorgWarner Inc.		2,058		73,265
Boston Properties Inc.		1,596		197,712
Boston Scientific Corp.^b		13,692		280,138
Bristol-Myers Squibb Co.		15,078		851,002
Broadcom Ltd.		3,570		608,649
Brown-Forman Corp. Class B		2,352		106,663
Bunge Ltd.		1,470		100,372
CA Inc.		3,234		103,359
Cabot Oil & Gas Corp.		4,368		96,620
Calpine Corp.^b		3,948		44,020
Campbell Soup Co.		2,478		140,973
Capital One Financial Corp.		4,914		412,973
Cardinal Health Inc.		3,024		214,734
CarMax Inc.^a,b		2,142		123,786
Carnival Corp.		3,612		185,693
Caterpillar Inc.		5,082		485,636
CBRE Group Inc. Class A^b		3,738		108,552
CBS Corp. Class B NVS		4,536		275,426
CDK Global Inc.		1,596		92,089
Celanese Corp. Series A		1,638		129,926
Celgene Corp.^b		7,098		841,184
Centene Corp.^b		1,512		87,137
CenterPoint Energy Inc.		3,948		94,199
CenturyLink Inc.		5,082		119,529
Cerner Corp.^a,b		2,856		142,172
CF Industries Holdings Inc.		2,400		69,456
CH Robinson Worldwide Inc.		1,596		119,461
Charles Schwab Corp. (The)		11,424		441,652
Charter Communications Inc. Class A^b		2,005		551,997


Security	Shares		Value
Cheniere Energy Inc.^b		2,352	$	96,103
Chevron Corp.		17,010		1,897,636
Chipotle Mexican Grill Inc.^a,b		294		116,521
Chubb Ltd.		3,999		511,872
Church & Dwight Co. Inc.		2,856		125,064
Cigna Corp.		2,436		328,227
Cimarex Energy Co.		924		127,401
Cincinnati Financial Corp.		1,596		122,477
Cintas Corp.		1,470		168,462
Cisco Systems Inc.		44,688		1,332,596
CIT Group Inc.		2,520		102,942
Citigroup Inc.		26,250		1,480,237
Citizens Financial Group Inc.		5,278		176,866
Citrix Systems Inc.^b		1,806		156,634
Clorox Co. (The)		1,261		145,721
CME Group Inc.		3,108		350,924
CMS Energy Corp.		2,982		119,936
Coach Inc.		2,856		103,930
Coca-Cola Co. (The)		36,666		1,479,473
Cognizant Technology Solutions Corp. Class A^b		5,628		309,990
Colgate-Palmolive Co.		7,224		471,222
Comcast Corp. Class A		21,714		1,509,340
Comerica Inc.		2,016		128,520
Conagra Brands Inc.		4,116		151,016
Concho Resources Inc.^b		1,386		198,226
ConocoPhillips		10,920		529,838
Consolidated Edison Inc.		3,024		210,984
Constellation Brands Inc. Class A		1,764		266,611
Continental Resources Inc./OK^a,b		1,100		63,811
Core Laboratories NV		588		65,715
Corning Inc.		10,584		254,334
Costco Wholesale Corp.		3,948		592,634
Coty Inc. Class A		4,558		85,280
CR Bard Inc.		756		159,176
Crown Castle International Corp.		2,982		248,878
Crown Holdings Inc.^b		2,016		109,650
CSX Corp.		8,904		318,852
Cummins Inc.		1,722		244,145
CVS Health Corp.		9,660		742,757
Danaher Corp.		5,502		430,091
Darden Restaurants Inc.		1,470		107,751
DaVita Inc.^b		1,680		106,428
Deere & Co.		2,562		256,712


Security	Shares		Value
Dell Technologies Inc. Class V^b		2,185	$	117,029
Delphi Automotive PLC		2,352		150,528
Delta Air Lines Inc.		630		30,353
DENTSPLY SIRONA Inc.		2,730		158,831
Devon Energy Corp.		4,620		223,285
Dick’s Sporting Goods Inc.		1,050		62,024
Digital Realty Trust Inc.^a		1,428		131,847
Discover Financial Services		4,452		301,712
Discovery Communications Inc. Class A^b		1,428		38,685
Discovery Communications Inc. Class C NVS^b		2,730		72,181
DISH Network Corp. Class A^b		2,142		123,058
Dollar General Corp.		2,898		224,073
Dollar Tree Inc.^b		2,226		196,244
Dominion Resources Inc./VA		5,082		372,460
Dover Corp.		1,890		137,233
Dow Chemical Co. (The)		10,206		568,678
DR Horton Inc.		3,696		102,453
Dr Pepper Snapple Group Inc.		2,184		189,440
DTE Energy Co.		1,806		168,121
Duke Energy Corp.		6,216		458,554
Duke Realty Corp.		5,208		132,439
Dun & Bradstreet Corp. (The)		588		71,571
Eastman Chemical Co.		1,596		119,892
Eaton Corp. PLC		4,116		273,755
Eaton Vance Corp. NVS		1,680		67,939
eBay Inc.^b		10,038		279,157
Ecolab Inc.		2,646		308,868
Edgewell Personal Care Co.^b		524		41,469
Edison International		3,318		228,179
Edwards Lifesciences Corp.^b		2,268		187,904
EI du Pont de Nemours & Co.		7,980		587,408
Electronic Arts Inc.^b		3,066		242,950
Eli Lilly & Co.		9,030		606,094
Emerson Electric Co.		5,922		334,238
Endo International PLC^b		1,050		16,811
Entergy Corp.		1,890		129,900
EOG Resources Inc.		5,040		516,701
EQT Corp.		1,596		111,848
Equifax Inc.		1,428		163,435
Equinix Inc.		672		227,647
Equity Residential		3,276		196,593
Essex Property Trust Inc.		714		154,167


Security	Shares		Value
Estee Lauder Companies Inc. (The) Class A		2,100	$	163,170
Everest Re Group Ltd.		313		65,902
Eversource Energy		2,940		151,763
Exelon Corp.		8,106		263,526
Expedia Inc.		1,134		140,673
Expeditors International of Washington Inc.		2,184		115,184
Express Scripts Holding Co.^b		6,132		465,296
Exxon Mobil Corp.		37,464		3,270,607
F5 Networks Inc.^b		798		112,319
Facebook Inc. Class A^b		21,042		2,491,794
Fastenal Co.		2,898		137,365
Federal Realty Investment Trust		1,050		147,441
FedEx Corp.		2,478		474,958
Fidelity National Information Services Inc.		3,024		233,423
Fifth Third Bancorp.		7,476		194,526
First Republic Bank/CA		1,680		137,592
FirstEnergy Corp.		4,158		130,104
Fiserv Inc.^b		2,688		281,219
FleetCor Technologies Inc.^b		883		131,867
Flex Ltd.^b		7,266		103,468
FLIR Systems Inc.		1,848		66,362
Flowserve Corp.		1,890		89,681
Fluor Corp.		1,806		96,639
FMC Corp.		1,554		87,210
FMC Technologies Inc.^b		2,226		76,263
FNF Group		2,688		85,855
Foot Locker Inc.		462		33,112
Ford Motor Co.		31,542		377,242
Fortive Corp.		2,960		162,770
Franklin Resources Inc.		3,654		143,456
Freeport-McMoRan Inc.		11,634		178,582
Frontier Communications Corp.		11,046		40,318
Gap Inc. (The)^a		2,478		61,876
Garmin Ltd.		1,134		59,149
General Dynamics Corp.		2,478		434,517
General Electric Co.		81,522		2,507,617
General Growth Properties Inc.		5,418		137,292
General Mills Inc.		5,418		330,173
General Motors Co.		11,424		394,471
Genuine Parts Co.		1,512		145,500
Gilead Sciences Inc.		12,096		891,475


Security	Shares		Value
Global Payments Inc.		1,806	$	123,801
Goldman Sachs Group Inc. (The)		3,360		736,814
Goodyear Tire & Rubber Co. (The)		2,772		85,073
H&R Block Inc.		2,352		52,120
Halliburton Co.		7,728		410,280
Hanesbrands Inc.		3,822		88,785
Harley-Davidson Inc.		1,722		104,853
Harman International Industries Inc.		714		78,090
Harris Corp.		1,260		130,486
Hartford Financial Services Group Inc. (The)		3,906		184,051
Hasbro Inc.		1,093		93,331
HCA Holdings Inc.^b		2,940		208,417
HCP Inc.		4,368		128,987
Helmerich & Payne Inc.		1,386		104,851
Henry Schein Inc.^b		966		143,895
Hershey Co. (The)		1,386		133,943
Hess Corp.		2,520		141,019
Hewlett Packard Enterprise Co.		16,464		391,843
Hilton Worldwide Holdings Inc.		1,680		42,118
HollyFrontier Corp.		2,478		71,292
Hologic Inc.^b		2,898		110,935
Home Depot Inc. (The)		11,256		1,456,526
Honeywell International Inc.		6,384		727,393
Hormel Foods Corp.		3,318		113,608
Host Hotels & Resorts Inc.		6,888		122,882
HP Inc.		16,422		252,899
Humana Inc.		1,344		285,788
Huntington Bancshares Inc./OH		3,360		41,866
IHS Markit Ltd.^b		3,570		128,306
Illinois Tool Works Inc.		3,318		415,347
Illumina Inc.^b		1,470		195,716
Incyte Corp.^b		1,722		176,143
Ingersoll-Rand PLC		2,688		200,364
Intel Corp.		42,253		1,466,179
Intercontinental Exchange Inc.		5,460		302,484
International Business Machines Corp.		8,106		1,314,955
International Flavors & Fragrances Inc.		966		116,934
International Paper Co.		3,696		180,069
Interpublic Group of Companies Inc. (The)		4,662		112,214


Security	Shares		Value
Intuit Inc.		2,520	$	286,474
Intuitive Surgical Inc.^b		378		243,334
Invesco Ltd.		4,410		138,077
Iron Mountain Inc.		2,875		94,875
Jacobs Engineering Group Inc.^b		1,680		104,177
Jazz Pharmaceuticals PLC^b		672		69,639
JB Hunt Transport Services Inc.		1,092		104,144
JM Smucker Co. (The)		1,302		163,987
Johnson & Johnson		24,948		2,776,712
Johnson Controls International PLC		8,867		398,838
JPMorgan Chase & Co.		32,424		2,599,432
Juniper Networks Inc.		3,738		102,945
Kansas City Southern		1,134		100,597
Kellogg Co.		2,646		190,512
KeyCorp		10,500		181,755
Kimberly-Clark Corp.		3,234		373,883
Kimco Realty Corp.		3,656		93,374
Kinder Morgan Inc./DE		17,766		394,405
KLA-Tencor Corp.		1,848		147,544
Kohl’s Corp.		1,974		106,260
Kraft Heinz Co. (The)		5,376		438,950
Kroger Co. (The)		8,610		278,103
L Brands Inc.		2,226		156,310
L-3 Communications Holdings Inc.		1,050		165,658
Laboratory Corp. of America Holdings^b		1,050		132,142
Lam Research Corp.		1,554		164,755
Las Vegas Sands Corp.		3,906		244,789
Leggett & Platt Inc.		2,058		98,907
Leucadia National Corp.		4,200		92,484
Level 3 Communications Inc.^b		3,024		166,532
Liberty Global PLC Series A^b		2,604		81,557
Liberty Global PLC Series C NVS^a,b		5,712		173,930
Liberty Interactive Corp. QVC Group Series A^b		5,040		104,378
Liberty Media Corp.-Liberty SiriusXM Class C^b		3,234		115,648
Liberty Property Trust		1,890		74,466
Lincoln National Corp.		2,352		150,763
Linear Technology Corp.		2,520		157,576
LinkedIn Corp. Class A^b		1,134		221,402


Security	Shares		Value
LKQ Corp.^b		3,612	$	118,582
Lockheed Martin Corp.		2,546		675,326
Loews Corp.		2,940		131,271
Lowe’s Companies Inc.		8,274		583,731
lululemon athletica Inc.^b		1,176		67,020
LyondellBasell Industries NV Class A		3,360		303,475
M&T Bank Corp.		1,302		187,410
Macerich Co. (The)		1,344		91,244
Macy’s Inc.		2,982		125,840
Mallinckrodt PLC^b		1,177		62,028
ManpowerGroup Inc.		840		71,744
Marathon Oil Corp.		8,569		154,756
Marathon Petroleum Corp.		5,040		236,981
Markel Corp.^b		168		150,921
Marriott International Inc./MD Class A		3,410		268,640
Marsh & McLennan Companies Inc.		4,495		311,548
Martin Marietta Materials Inc.		714		156,687
Marvell Technology Group Ltd.		5,040		72,274
Masco Corp.		3,864		122,296
MasterCard Inc. Class A		8,610		879,942
Mattel Inc.		3,360		106,075
Maxim Integrated Products Inc.		2,772		108,856
McCormick & Co. Inc./MD		1,428		130,234
McDonald’s Corp.		8,106		966,803
McKesson Corp.		2,142		308,041
Mead Johnson Nutrition Co.		1,890		136,250
Medtronic PLC		12,222		892,328
Merck & Co. Inc.		24,654		1,508,578
MetLife Inc.		8,148		448,221
MGM Resorts International^b		4,410		126,611
Michael Kors Holdings Ltd.^b		1,680		78,103
Microchip Technology Inc.^a		2,226		147,317
Micron Technology Inc.^b		10,120		197,644
Microsoft Corp.		67,830		4,087,436
Mohawk Industries Inc.^b		672		132,680
Molson Coors Brewing Co. Class B		1,806		177,042
Mondelez International Inc. Class A		14,280		588,907
Monsanto Co.		4,284		440,010
Monster Beverage Corp.^b		3,906		174,793


Security	Shares		Value
Moody’s Corp.		1,974	$	198,387
Morgan Stanley		13,482		557,616
Mosaic Co. (The)		3,402		96,617
Motorola Solutions Inc.		1,764		141,561
Murphy Oil Corp.		1,638		55,545
Mylan NV^b		4,242		155,300
Nasdaq Inc.		1,470		94,212
National Oilwell Varco Inc.		3,696		138,083
Navient Corp.		4,704		81,050
NetApp Inc.		2,772		101,344
Netflix Inc.^b		3,990		466,830
New York Community Bancorp. Inc.		5,124		81,882
Newell Brands Inc.		4,308		202,519
Newfield Exploration Co.^b		1,260		56,977
Newmont Mining Corp.		5,502		178,485
News Corp. Class A		3,573		41,304
NextEra Energy Inc.		4,134		472,227
Nielsen Holdings PLC		3,360		144,816
NIKE Inc. Class B		12,096		605,647
Noble Energy Inc.		3,990		152,258
Nordstrom Inc.		1,470		82,202
Norfolk Southern Corp.		2,730		290,636
Northern Trust Corp.		2,100		172,515
Northrop Grumman Corp.		1,848		461,353
Nucor Corp.		2,940		182,839
NVIDIA Corp.		5,292		487,922
O’Reilly Automotive Inc.^b		1,008		276,696
Occidental Petroleum Corp.		6,804		485,533
Omnicom Group Inc.		2,394		208,134
ONEOK Inc.		2,312		126,998
Oracle Corp.		27,678		1,112,379
PACCAR Inc.		3,318		206,214
Palo Alto Networks Inc.^b		882		118,514
Parker-Hannifin Corp.		1,512		210,062
Patterson Companies Inc.		1,176		45,558
Paychex Inc.		3,192		188,168
PayPal Holdings Inc.^b		10,038		394,293
Pentair PLC		2,142		123,079
People’s United Financial Inc.		3,612		67,617
PepsiCo Inc.		12,558		1,257,056
Perrigo Co. PLC		1,428		123,294
Pfizer Inc.		55,230		1,775,092
PG&E Corp.		4,578		269,186


Security	Shares		Value
Philip Morris International Inc.		13,986	$	1,234,684
Phillips 66		4,242		352,425
Pinnacle West Capital Corp.		1,470		108,677
Pioneer Natural Resources Co.		1,512		288,852
Plains GP Holdings LP Class A		2,016		70,883
PNC Financial Services Group Inc. (The)^d		4,326		478,196
PPG Industries Inc.		2,604		249,802
PPL Corp.		6,486		217,022
Praxair Inc.		2,520		303,156
Priceline Group Inc. (The)^b		462		694,700
Principal Financial Group Inc.		2,814		162,340
Procter & Gamble Co. (The)		23,140		1,908,124
Progressive Corp. (The)		5,419		180,453
Prologis Inc.		5,124		260,812
Prudential Financial Inc.		3,990		401,394
Public Service Enterprise Group Inc.		5,166		213,407
Public Storage		1,470		307,671
PulteGroup Inc.		3,780		71,291
PVH Corp.		840		88,990
Qorvo Inc.^a,b		1,441		76,964
QUALCOMM Inc.		13,272		904,221
Quest Diagnostics Inc.		1,512		132,240
Ralph Lauren Corp.		546		57,117
Range Resources Corp.		2,016		70,923
Raytheon Co.		2,898		433,367
Realty Income Corp.		2,814		156,008
Red Hat Inc.^b		1,890		149,518
Regency Centers Corp.		1,386		92,640
Regeneron Pharmaceuticals Inc.^b		756		286,705
Regions Financial Corp.		12,852		174,016
RenaissanceRe Holdings Ltd.		403		52,616
Republic Services Inc.		2,856		158,479
Reynolds American Inc.		7,902		427,498
Rite Aid Corp.^b		11,340		90,266
Robert Half International Inc.		1,764		79,151
Rockwell Automation Inc.		1,428		190,938
Rockwell Collins Inc.		1,512		140,193
Roper Technologies Inc.		1,134		205,379
Ross Stores Inc.		4,032		272,523
Royal Caribbean Cruises Ltd.		1,596		129,228
S&P Global Inc.		2,646		314,848
salesforce.com inc.^b		5,796		417,312


Security	Shares		Value
SBA Communications Corp. Class A^b		1,260	$	124,690
SCANA Corp.		1,638		115,528
Schlumberger Ltd.		12,233		1,028,184
Scripps Networks Interactive Inc. Class A		924		63,996
Seagate Technology PLC		2,814		112,841
SEI Investments Co.		2,268		107,004
Sempra Energy		2,142		213,772
ServiceNow Inc.^b		1,554		129,215
Sherwin-Williams Co. (The)		882		236,967
Signet Jewelers Ltd.		756		69,015
Simon Property Group Inc.		2,817		506,074
Sirius XM Holdings Inc.^a		31,668		144,723
Skyworks Solutions Inc.		1,932		148,474
SL Green Realty Corp.		882		92,928
Southern Co. (The)		8,106		379,523
Southwest Airlines Co.		756		35,237
Southwestern Energy Co.^b		5,250		59,588
Spectra Energy Corp.		6,678		273,464
Splunk Inc.^a,b		1,428		82,281
Sprint Corp.^b		8,910		69,854
St. Jude Medical Inc.		2,646		209,563
Stanley Black & Decker Inc.		1,596		189,333
Staples Inc.		7,560		73,105
Starbucks Corp.		13,146		762,074
State Street Corp.		4,032		317,722
Stericycle Inc.^b		966		70,489
Stryker Corp.		3,024		343,708
SunTrust Banks Inc.		4,914		255,282
Symantec Corp.		6,594		160,828
Synchrony Financial		7,942		274,476
Synopsys Inc.^b		2,352		142,249
Sysco Corp.		5,208		277,326
T Rowe Price Group Inc.		2,436		180,410
T-Mobile U.S. Inc.^b		2,982		161,654
Target Corp.		4,956		382,801
TD Ameritrade Holding Corp.		2,562		105,068
TE Connectivity Ltd.		3,150		213,066
Tesla Motors Inc.^a,b		1,134		214,780
Tesoro Corp.		1,260		102,501
Texas Instruments Inc.		8,862		655,168
Textron Inc.		3,066		141,128
Thermo Fisher Scientific Inc.		3,738		523,731


Security	Shares		Value
Tiffany & Co.		1,386	$	114,317
Time Warner Inc.		7,224		663,308
TJX Companies Inc. (The)		6,300		493,542
Toll Brothers Inc.^b		2,604		77,235
Torchmark Corp.		1,313		92,028
Total System Services Inc.		2,268		111,631
Tractor Supply Co.		1,428		107,200
TransDigm Group Inc.		630		158,401
Travelers Companies Inc. (The)		2,604		295,163
Trimble Inc.^b		2,520		71,039
TripAdvisor Inc.^b		1,134		54,750
Twenty-First Century Fox Inc. Class A		11,508		323,490
Twenty-First Century Fox Inc. Class B		2,520		70,711
Twitter Inc.^b		5,712		105,615
Tyson Foods Inc. Class A		3,150		178,951
U.S. Bancorp.		14,826		735,666
UDR Inc.		3,318		112,945
Ulta Salon Cosmetics & Fragrance Inc.^b		672		174,384
Under Armour Inc. Class A^a,b		1,890		58,212
Under Armour Inc. Class C^b		1,902		49,034
Union Pacific Corp.		7,560		766,055
United Parcel Service Inc. Class B		5,838		676,741
United Rentals Inc.^b		1,050		106,166
United Technologies Corp.		7,056		760,072
UnitedHealth Group Inc.		8,526		1,349,836
Universal Health Services Inc. Class B		924		113,670
Unum Group		2,310		97,644
Valero Energy Corp.		4,452		274,065
Varian Medical Systems Inc.^b		1,092		98,094
Ventas Inc.		3,034		183,314
VEREIT Inc.		10,836		89,830
VeriSign Inc.^a,b		1,344		105,974
Verisk Analytics Inc. Class A^b		1,722		143,064
Verizon Communications Inc.		36,624		1,827,538
Vertex Pharmaceuticals Inc.^b		2,520		205,657
VF Corp.		3,276		178,575
Viacom Inc. Class B NVS		3,360		125,933
Visa Inc. Class A		17,178		1,328,203
VMware Inc. Class A^a,b		798		64,750


Security	Shares		Value
Vornado Realty Trust		1,764	$	172,431
Vulcan Materials Co.		1,470		184,705
Wal-Mart Stores Inc.		14,196		999,824
Walgreens Boots Alliance Inc.		8,316		704,615
Walt Disney Co. (The)		13,734		1,361,314
Waste Connections Inc.		1,890		144,472
Waste Management Inc.		4,200		291,984
Waters Corp.^b		1,008		135,647
Weatherford International PLC^b		10,710		54,728
WEC Energy Group Inc.		3,404		190,658
Wells Fargo & Co.		42,546		2,251,534
Welltower Inc.		3,402		213,578
Western Digital Corp.		2,746		174,810
Western Union Co. (The)		5,670		119,240
WestRock Co.		2,445		125,184
Weyerhaeuser Co.		7,308		225,306
Whirlpool Corp.		798		129,627
WhiteWave Foods Co. (The)^b		2,142		118,003
Whole Foods Market Inc.		3,276		99,558
Williams Companies Inc. (The)		7,182		220,487
Willis Towers Watson PLC		1,218		151,483
Workday Inc. Class A^b		1,219		102,786
WR Berkley Corp.		1,260		77,855
WW Grainger Inc.		630		145,259
Wyndham Worldwide Corp.		1,218		87,684
Wynn Resorts Ltd.		840		85,672
Xcel Energy Inc.		4,872		190,057
Xerox Corp.		8,694		81,289
Xilinx Inc.		2,436		131,495
XL Group Ltd.		2,646		95,600
Xylem Inc./NY		2,856		147,312
Yahoo! Inc.^b		8,526		349,737
Yum! Brands Inc.		3,822		242,277
Zillow Group Inc. Class C^a,b		1,321		47,450
Zimmer Biomet Holdings Inc.		1,806		183,959
Zoetis Inc.		5,040		253,915

				182,566,061

TOTAL COMMON STOCKS (Cost: $312,935,936)				301,492,649

PREFERRED STOCKS — 0.17%

GERMANY — 0.17%
Henkel AG & Co. KGaA		1,638		189,919
Porsche Automobil Holding SE		1,386		70,323


Security	Shares		Value
Volkswagen AG		1,890	$	244,198

				504,440

TOTAL PREFERRED STOCKS (Cost: $702,615)				504,440

RIGHTS — 0.01%

SPAIN — 0.01%
CaixaBank SA^b		33,457		1,384
Telefonica SA^b		37,311		12,468

				13,852

TOTAL RIGHTS (Cost: $15,027)				13,852

SHORT-TERM INVESTMENTS — 1.97%

MONEY MARKET FUNDS — 1.97%
BlackRock Cash Funds: Institutional, SL Agency Shares
0.72%^e,f,g		5,587,554		5,589,230
BlackRock Cash Funds: Treasury, SL Agency Shares
0.30%^e,f		386,361		386,361

				5,975,591

TOTAL SHORT-TERM INVESTMENTS (Cost: $5,974,119)				5,975,591

TOTAL INVESTMENTS IN SECURITIES — 101.61% (Cost: $319,627,697)^h				307,986,532
Other Assets, Less Liabilities — (1.61)%				(4,868,491	)

NET ASSETS — 100.00%			$	303,118,041

ADR — American Depositary Receipts

NVS — Non-Voting Shares

SDR — Swedish Depositary Receipts

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

^b	Non-income earning security.

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

^d	Affiliated issuer. See Schedule 1.

^e	Affiliated money market fund.

^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.

^h	The cost of investments for federal income tax purposes was $321,073,703. Net unrealized depreciation was $13,087,171, of which $15,359,536 represented gross unrealized appreciation on securities and $28,446,707 represented gross unrealized depreciation on securities.

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

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


Issue	Number of long (short) contracts		Expiration date		Exchange		Initial notional value		Current notional value		Unrealized appreciation (depreciation)
MSCI Emerging Markets E-Mini		1,056		Dec. 2016		ICE Futures U.S.	$	46,180,089	$	45,566,400	$	(613,689	)


Currency purchased			Currency sold			Counterparty	Settlement date		Unrealized appreciation (depreciation)
	PHP	46,000,000		USD	924,716	SSB		12/05/2016	$	(576	)

						Net unrealized depreciation			$	(576	)


	Level 1			Level 2			Level 3		Total
Investments:
Assets:
Common stocks	$	16,353,548,848		$	20,484,508		$	3,055,595	$	16,377,088,951
Preferred stocks		646,001,079			—			—		646,001,079
Warrants		78,867			—			—		78,867
Rights		438,263			34,892			—		473,155
Money market funds		1,137,001,961			—			—		1,137,001,961

Total	$	18,137,069,018		$	20,519,400		$	3,055,595	$	18,160,644,013

Derivative financial instruments^a:
Liabilities:
Futures contracts		(613,689	)		—			—		(613,689	)
Forward currency contracts		—			(576	)		—		(576	)

Total	$	(613,689	)	$	(576	)	$	—	$	(614,265	)


Affiliated issuer	Shares held at beginning of period		Shares purchased		Shares sold			Shares held at end of period		Value at end of period		Dividend income		Net realized gain (loss)
iShares MSCI Emerging Markets ETF		4,928,896		119,657		(641,679	)		4,406,874	$	156,444,027	$	—	$	1,282,311


Affiliated issuer	Shares held at beginning of period		Shares purchased		Shares sold			Shares held at end of period		Value at end of period		Dividend income		Net realized gain (loss)
iShares Edge MSCI Min Vol Emerging Markets ETF		115,665		3,222		(566	)		118,321	$	5,942,080	$	—	$	990


Issue	Number of long (short) contracts		Expiration date		Exchange		Initial notional value		Current notional value		Unrealized appreciation (depreciation)
S&P/TSX 60 Index		92		Dec. 2016		Montreal	$	11,680,752	$	12,140,770	$	460,018


Affiliated issuer	Shares held at beginning of period		Shares purchased		Shares sold			Shares held at end of period		Value at end of period		Dividend income		Net realized gain (loss)
iShares India 50 ETF		18,711		1,080		(1,626	)		18,165	$	500,627	$	—	$	9,022


Issue	Number of long (short) contracts		Expiration date		Exchange		Initial notional value		Current notional value		Unrealized appreciation (depreciation)
MSCI Singapore Index		74		Dec. 2016		Singapore Exchange	$	1,635,235	$	1,667,893	$	32,658


iShares, Inc.

By:		/s/ Martin Small
		Martin Small, President (Principal Executive Officer)

Date:		January 27, 2017


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

Date:		January 27, 2017