NPORT-EX 2 NPORT_0BIN_82812454_1121.htm

Schedule of Investments (unaudited)

 iShares® MSCI Chile ETF
November 30, 2021 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Common Stocks          
           
Banks — 23.0%          
Banco de Chile   616,704,825   $59,616,362 
Banco de Credito e Inversiones SA   643,050    21,762,079 
Banco Santander Chile   489,217,070    21,834,674 
Grupo Security SA.   11,734,884    1,585,549 
Itau CorpBanca Chile SA(a)   5,488,410,788    11,294,322 
         116,092,986 
Beverages — 6.4%          
Cia. Cervecerias Unidas SA   2,277,828    18,053,153 
Vina Concha y Toro SA   7,783,541    13,970,157 
         32,023,310 
Diversified Financial Services — 0.4%          
Inversiones La Construccion SA   660,961    1,997,163 
Electric Utilities — 13.2%          
Enel Americas SA   305,136,717    39,316,410 
Enel Chile SA   448,762,775    19,581,618 
Engie Energia Chile SA   12,795,594    7,824,648 
         66,722,676 
Food & Staples Retailing — 5.9%          
Cencosud SA   13,529,860    21,585,636 
SMU SA   67,015,037    8,091,974 
         29,677,610 
Independent Power and Renewable Electricity Producers — 3.8% 
AES Andes SA   80,664,188    8,870,443 
Colbun SA   159,305,586    10,432,001 
         19,302,444 
IT Services — 0.2%          
SONDA SA   2,978,464    960,272 
           
Metals & Mining — 2.2%          
CAP SA   1,248,184    11,266,280 
           
Multiline Retail — 3.7%          
Falabella SA   6,070,432    18,782,663 
           
Oil, Gas & Consumable Fuels — 4.3%          
Empresas COPEC SA   2,912,817    21,485,931 
           
Paper & Forest Products — 4.2%          
Empresas CMPC SA   13,041,298    21,121,425 
           
Real Estate Management & Development — 2.9%      
Cencosud Shopping SA   2,437,723    2,584,524 
Security  Shares   Value 
         
Real Estate Management & Development (continued)          
Parque Arauco SA(a)    10,024,540   $9,678,052 
Plaza SA   2,267,826    2,412,070 
         14,674,646 
Textiles, Apparel & Luxury Goods — 0.3%          
Forus SA   1,325,637    1,651,889 
           
Water Utilities — 3.8%          
Aguas Andinas SA, Class A   54,736,109    11,651,535 
Inversiones Aguas Metropolitanas SA   14,187,536    7,572,520 
         19,224,055 
Wireless Telecommunication Services — 2.1%      
Empresa Nacional de Telecomunicaciones SA   2,970,921    10,414,696 
           
Total Common Stocks — 76.4%          
(Cost: $418,413,133)        385,398,046 
           
Preferred Stocks          
           
Beverages — 2.7%          
Embotelladora Andina SA, Class B, Preference          
Shares, NVS   6,460,190    13,273,695 
           
Chemicals — 21.6%          
Sociedad Quimica y Minera de Chile SA, Class B,          
Preference Shares, NVS   1,732,271    109,063,517 
           
Total Preferred Stocks — 24.3%          
(Cost: $75,418,703)        122,337,212 
           
Short-Term Investments          
           
Money Market Funds — 0.1%          
BlackRock Cash Funds: Treasury, SL Agency Shares, 0.00%(b)(c)    780,000    780,000 
           
Total Short-Term Investments — 0.1%          
(Cost: $780,000)        780,000 
           
Total Investments in Securities — 100.8%          
(Cost: $494,611,836)        508,515,258 
           
Other Assets, Less Liabilities — (0.8)%        (4,277,305)
           
Net Assets — 100.0%       $504,237,953 

 

(a)Non-income producing security.
(b)Affiliate of the Fund.

(c)Annualized 7-day yield as of period end.


 

Affiliates

 

Investments in issuers considered to be affiliate(s) of the Fund during the period ended November 30, 2021 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

 

Affiliated Issuer  Value at
08/31/21		   Purchases
at Cost		   Proceeds
from Sales		   Net Realized
Gain (Loss)		   Change in
Unrealized
Appreciation
(Depreciation)		   Value at
11/30/21		   Shares
Held at
11/30/21		   Income   Capital
Gain
Distributions
from
Underlying
Funds		 
BlackRock Cash Funds: Treasury, SL Agency Shares  $1,120,000   $—   $(340,000)(a)   $—   $—   $780,000    780,000   $27   $— 

 

(a)Represents net amount purchased (sold).

 

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Schedule of Investments (unaudited) (continued)

 iShares® MSCI Chile ETF
November 30, 2021  

 

Derivative Financial Instruments Outstanding as of Period End

 

Futures Contracts

 

Description   Number of
Contracts		   Expiration Date   Notional
Amount
(000)		   Value/
Unrealized
Appreciation
(Depreciation)		 
Long Contracts                  
MSCI Emerging Markets Index   28   12/17/21  $1,697   $(35,047)

 

Fair Value Measurements

 

Various inputs are used in determining the fair value of financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows: 

•Level 1 – Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that each Fund has the ability to access;

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

•Level 3 – Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the BlackRock Global Valuation Methodologies Committee’s (the “Global Valuation Committee’s”) assumptions used in determining the fair value of financial instruments).

 

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Global Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds. There may not be a secondary market, and/or there are a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund’s policy regarding valuation of financial instruments, refer to its most recent financial statements.

 

The following table summarizes the Fund’s financial instruments categorized in the fair value hierarchy. The breakdown of the Fund’s financial instruments into major categories is disclosed in the Schedule of Investments above.

 

   Level 1   Level 2   Level 3   Total 
Investments                
Assets                
Common Stocks  $160,426,786   $224,971,260   $—   $385,398,046 
Preferred Stocks   13,273,695    109,063,517    —    122,337,212 
Money Market Funds   780,000    —    —    780,000 
   $174,480,481   $334,034,777   $—   $508,515,258 
Derivative financial instruments(a)                    
Liabilities                    
Futures Contracts  $(35,047)  $—   $—   $(35,047)

 

(a)Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument.

 

Portfolio Abbreviations - Equity

 

NVSNon-Voting Shares

 

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