iShares MSCI Chile ETF


Security	Shares		Value

Common Stocks

Banks — 21.3%
Banco de Chile		433,458,174	$	36,611,389
Banco de Credito e Inversiones SA		459,377		15,460,900
Banco Santander Chile		413,155,253		16,727,349
Grupo Security SA		13,514,788		2,488,957
Itau CorpBanca Chile SA		1,646,081,303		3,802,423

				75,091,018

Beverages — 4.7%
Cia. Cervecerias Unidas SA		1,496,171		10,754,890
Vina Concha y Toro SA		4,101,331		5,857,589

				16,612,479

Diversified Financial Services — 0.8%
Inversiones La Construccion SA		430,458		2,779,908


Electric Utilities — 21.2%
Enel Americas SA		332,619,656		48,124,925
Enel Chile SA		269,610,011		20,086,816
Engie Energia Chile SA		5,677,119		6,662,789

				74,874,530

Food & Staples Retailing — 5.5%
Cencosud SA		12,900,478		14,980,063
SMU SA		26,254,691		4,401,867

				19,381,930

Independent Power and Renewable Electricity Producers — 5.0%
AES Gener SA		33,329,249		4,552,348
Colbun SA		81,110,430		13,188,000

				17,740,348

IT Services — 1.0%
SONDA SA		5,696,314		3,395,716


Marine — 0.8%
Cia. Sud Americana de Vapores SA^(a)		126,732,350		2,943,238


Metals & Mining — 1.4%
CAP SA		792,426		5,122,426


Multiline Retail — 4.7%
Falabella SA		6,224,663		14,417,531
Ripley Corp. SA		8,928,446		2,317,493

				16,735,024


Security	Shares		Value

Oil, Gas & Consumable Fuels — 6.4%
Empresas COPEC SA		3,583,088	$	22,472,174


Paper & Forest Products — 4.3%
Empresas CMPC SA		7,454,097		15,089,640


Real Estate Management & Development — 5.0%
Cencosud Shopping SA		4,586,888		7,832,800
Parque Arauco SA		5,950,293		9,976,274

				17,809,074

Textiles, Apparel & Luxury Goods — 0.5%
Forus SA		1,533,039		1,637,374


Water Utilities — 3.4%
Aguas Andinas SA, Class A		27,200,890		7,942,039
Inversiones Aguas Metropolitanas SA		4,836,073		3,963,994

				11,906,033

Wireless Telecommunication Services — 2.8%
Empresa Nacional de Telecomunicaciones SA		1,580,517		10,010,726


Total Common Stocks — 88.8% (Cost: $367,477,178)				313,601,638


Preferred Stocks

Beverages — 2.5%
Embotelladora Andina SA, Class B, Preference Shares		3,736,655		8,914,697


Chemicals — 7.3%
Sociedad Quimica y Minera de Chile SA, Series B, Preference Shares		1,052,543		25,684,821


Total Preferred Stocks — 9.8% (Cost: $31,994,286)				34,599,518


Total Investments in Securities — 98.6% (Cost: $399,471,464)				348,201,156

Other Assets, Less Liabilities — 1.4%				5,123,004


Net Assets — 100.0%			$	353,324,160

^(a)	Non-income producing security

Investments in issuers considered to be affiliates of the Fund during the period ended May 31, 2020, for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

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 iShares.com and on the U.S. Securities and Exchange Commission website at sec.gov.

The following table summarizes the value of the Fund’s investments according to the fair value hierarchy as of May 31, 2020. The breakdown of the Fund’s investments into major categories is disclosed in the Schedule of Investments above.


Affiliated Issuer	Shares Held at 08/31/19	Net Activity	Shares Held at 05/31/20		Value at 05/31/20		Income		Net Realized Gain (Loss)	^(a)		Change in Unrealized Appreciation (Depreciation)
BlackRock Cash Funds: Treasury, SL Agency Shares	—	—	—	$	—	$	8,199	$	—		$	—


	Level 1		Level 2		Level 3		Total
Investments
Assets
Common Stocks	$	313,601,638	$	—	$	—	$	313,601,638
Preferred Stocks		34,599,518		—		—		34,599,518

	$	348,201,156	$	—	$	—	$	348,201,156

Derivative financial instruments^(a)
Assets
Futures Contracts	$	30,552	$	—	$	—	$	30,552