Schedule of Investments (unaudited) | iShares® ESG Aware MSCI EM ETF |
May 31, 2023 | (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Common Stocks | ||||||||
Brazil — 2.8% | ||||||||
B3 SA - Brasil, Bolsa, Balcao | 4,855,936 | $ | 12,749,309 | |||||
Banco do Brasil SA | 1,078,533 | 9,485,767 | ||||||
Banco Santander Brasil SA | 1,158,224 | 6,529,321 | ||||||
CCR SA | 3,705,192 | 9,910,602 | ||||||
Cosan SA | 4,186,961 | 12,379,401 | ||||||
Localiza Rent a Car SA | 1,137,518 | 13,910,397 | ||||||
Localiza Rent a Car SA(a) | 5,089 | 61,690 | ||||||
Lojas Renner SA | 2,670,486 | 10,238,100 | ||||||
Natura & Co. Holding SA | 1,769,076 | 4,843,488 | ||||||
Petroleo Brasileiro SA | 1,632,444 | 9,398,949 | ||||||
Rumo SA | 1,530,421 | 6,280,599 | ||||||
TOTVS SA | 886,024 | 5,022,776 | ||||||
Ultrapar Participacoes SA | 3,337,335 | 11,136,949 | ||||||
Vibra Energia SA | 2,336,114 | 7,408,999 | ||||||
119,356,347 | ||||||||
Chile — 0.4% | ||||||||
Empresas COPEC SA | 1,016,231 | 7,339,401 | ||||||
Enel Americas SA | 87,003,604 | 11,218,025 | ||||||
18,557,426 | ||||||||
China — 28.6% | ||||||||
37 Interactive Entertainment Network Technology Group Co. Ltd., Class A | 1,251,300 | 5,749,405 | ||||||
3SBio Inc.(b) | 9,269,500 | 9,389,542 | ||||||
AAC Technologies Holdings Inc. | 2,560,000 | 5,248,634 | ||||||
Agricultural Bank of China Ltd., Class A | 13,097,700 | 6,478,132 | ||||||
Agricultural Bank of China Ltd., Class H | 28,947,000 | 10,908,470 | ||||||
Akeso Inc.(a)(b) | 908,000 | 4,044,180 | ||||||
Alibaba Group Holding Ltd.(a) | 10,990,768 | 109,384,208 | ||||||
Alibaba Health Information Technology Ltd.(a)(c) | 13,720,000 | 8,143,675 | ||||||
Baidu Inc., Class A(a) | 1,690,712 | 25,959,430 | ||||||
Bank of China Ltd., Class H | 32,514,000 | 12,727,843 | ||||||
Bank of Communications Co. Ltd., Class A | 5,315,400 | 4,369,425 | ||||||
Beijing Enterprises Water Group Ltd. | 14,738,000 | 3,613,708 | ||||||
Bosideng International Holdings Ltd. | 10,128,000 | 4,204,952 | ||||||
BYD Co. Ltd., Class A | 270,855 | 9,680,483 | ||||||
BYD Co. Ltd., Class H | 833,500 | 25,169,594 | ||||||
China Construction Bank Corp., Class A | 7,554,200 | 6,794,281 | ||||||
China Construction Bank Corp., Class H | 70,242,000 | 44,932,445 | ||||||
China International Capital Corp. Ltd., Class A | 1,087,713 | 6,365,019 | ||||||
China International Capital Corp. Ltd., Class H(b) | 3,301,600 | 6,039,519 | ||||||
China Medical System Holdings Ltd. | 6,046,000 | 8,512,041 | ||||||
China Mengniu Dairy Co. Ltd. | 4,117,000 | 16,001,312 | ||||||
China Merchants Bank Co. Ltd., Class A | 1,364,140 | 6,192,241 | ||||||
China Merchants Bank Co. Ltd., Class H | 3,765,000 | 17,507,819 | ||||||
China Railway Signal & Communication Corp. Ltd., Class A | 5,559,400 | 4,655,453 | ||||||
China Resources Beer Holdings Co. Ltd. | 1,274,000 | 8,042,201 | ||||||
China Resources Gas Group Ltd. | 2,443,000 | 8,043,214 | ||||||
China Resources Land Ltd. | 3,722,000 | 13,931,279 | ||||||
China Resources Pharmaceutical Group Ltd.(b) | 7,664,000 | 7,357,844 | ||||||
China Tourism Group Duty Free Corp. Ltd., Class A | 224,100 | 3,876,035 | ||||||
Chow Tai Fook Jewellery Group Ltd. | 4,262,600 | 7,545,024 | ||||||
CITIC Securities Co. Ltd., Class A | 1,379,800 | 3,887,034 | ||||||
CMOC Group Ltd., Class A | 12,966,600 | 9,555,247 | ||||||
CMOC Group Ltd., Class H | 13,743,000 | 7,186,627 | ||||||
Contemporary Amperex Technology Co. Ltd., Class A | 461,285 | 14,345,807 | ||||||
Country Garden Services Holdings Co. Ltd. | 5,137,000 | 5,988,374 | ||||||
CSC Financial Co. Ltd., Class A | 1,159,000 | 4,132,503 |
Security | Shares | Value | ||||||
China (continued) | ||||||||
CSPC Pharmaceutical Group Ltd. | 8,407,520 | $ | 7,324,918 | |||||
ENN Energy Holdings Ltd. | 1,221,500 | 14,225,227 | ||||||
Far East Horizon Ltd. | 5,047,000 | 4,229,025 | ||||||
Fosun International Ltd. | 19,051,500 | 12,565,200 | ||||||
Ganfeng Lithium Group Co. Ltd., Class A | 473,450 | 4,133,034 | ||||||
Geely Automobile Holdings Ltd. | 7,893,000 | 9,195,305 | ||||||
Haier Smart Home Co. Ltd., Class A | 1,334,400 | 4,027,245 | ||||||
Haitong Securities Co. Ltd., Class A | 4,474,700 | 5,916,179 | ||||||
Hansoh Pharmaceutical Group Co. Ltd.(b) | 2,862,000 | 4,763,509 | ||||||
Huatai Securities Co. Ltd., Class A | 4,785,002 | 9,094,715 | ||||||
Huatai Securities Co. Ltd., Class H(b) | 3,691,000 | 4,617,478 | ||||||
Hygeia Healthcare Holdings Co. Ltd.(a)(b) | 657,600 | 3,858,447 | ||||||
Industrial & Commercial Bank of China Ltd., Class A | 12,652,800 | 8,585,060 | ||||||
Industrial & Commercial Bank of China Ltd., Class H | 44,172,000 | 23,589,623 | ||||||
Industrial Bank Co. Ltd., Class A | 1,790,568 | 4,165,772 | ||||||
JD Health International Inc.(a)(b) | 1,061,150 | 6,545,295 | ||||||
JD.com Inc., Class A | 1,615,978 | 26,326,869 | ||||||
Jiumaojiu International Holdings Ltd.(b)(c) | 2,637,000 | 4,521,495 | ||||||
KE Holdings Inc., ADR(a) | 289,752 | 4,126,068 | ||||||
Kingdee International Software Group Co. Ltd.(a) | 4,698,000 | 6,245,463 | ||||||
Kuaishou Technology(a)(b) | 1,843,800 | 12,511,651 | ||||||
Kunlun Energy Co. Ltd. | 5,038,000 | 4,018,537 | ||||||
Lenovo Group Ltd. | 22,016,000 | 20,696,350 | ||||||
Li Auto Inc., Class A(a) | 1,466,628 | 21,281,277 | ||||||
Meituan, Class B(a)(b) | 3,249,130 | 45,621,933 | ||||||
Microport Scientific Corp.(a)(c) | 2,198,700 | 3,782,171 | ||||||
NetEase Inc. | 1,778,670 | 30,253,117 | ||||||
NIO Inc., ADR(a)(c) | 1,309,450 | 9,860,159 | ||||||
Nongfu Spring Co. Ltd., Class H(b) | 2,069,800 | 11,097,408 | ||||||
Orient Securities Co. Ltd., Class A | 3,368,852 | 4,680,957 | ||||||
Pinduoduo Inc., ADR(a) | 254,580 | 16,629,166 | ||||||
Ping An Healthcare and Technology Co. Ltd.(a)(b)(c) | 1,868,200 | 4,321,500 | ||||||
Ping An Insurance Group Co. of China Ltd., Class H | 5,617,000 | 35,646,525 | ||||||
Pop Mart International Group Ltd.(b)(c) | 1,835,600 | 4,036,005 | ||||||
Postal Savings Bank of China Co. Ltd., Class A | 9,960,900 | 7,192,508 | ||||||
Postal Savings Bank of China Co. Ltd., Class H(b) | 9,221,000 | 5,793,630 | ||||||
Sangfor Technologies Inc., Class A | 243,300 | 4,259,737 | ||||||
Shandong Weigao Group Medical Polymer Co. Ltd., Class H | 3,658,400 | 5,401,848 | ||||||
Shanghai Electric Group Co. Ltd., Class A(a) | 10,249,200 | 6,954,275 | ||||||
Shanghai Fosun Pharmaceutical Group Co. Ltd., Class A | 1,361,684 | 5,965,134 | ||||||
Shanghai Pharmaceuticals Holding Co. Ltd., Class A | 2,242,800 | 7,389,973 | ||||||
Shanghai Pharmaceuticals Holding Co. Ltd., Class H | 2,879,500 | 5,738,745 | ||||||
Sinopharm Group Co. Ltd., Class H | 1,570,800 | 5,145,428 | ||||||
Sungrow Power Supply Co. Ltd., Class A | 512,967 | 7,937,315 | ||||||
Sunny Optical Technology Group Co. Ltd. | 863,500 | 8,128,119 | ||||||
TCL Technology Group Corp., Class A | 14,932,840 | 8,103,963 | ||||||
Tencent Holdings Ltd. | 4,035,700 | 159,710,060 | ||||||
Tongcheng Travel Holdings Ltd.(a) | 5,167,600 | 10,315,455 | ||||||
Trip.com Group Ltd.(a) | 237,571 | 7,566,372 | ||||||
Unisplendour Corp. Ltd., Class A | 1,110,357 | 5,091,923 | ||||||
Vipshop Holdings Ltd., ADR(a) | 551,592 | 7,898,797 | ||||||
Want Want China Holdings Ltd. | 6,464,000 | 4,326,521 | ||||||
WuXi AppTec Co. Ltd., Class A | 1,126,889 | 10,298,439 | ||||||
WuXi AppTec Co. Ltd., Class H(b) | 530,180 | 4,360,756 | ||||||
Wuxi Biologics Cayman Inc.(a)(b) | 3,695,500 | 18,920,123 | ||||||
XPeng Inc.(a) | 1,862,096 | 7,379,969 | ||||||
Yadea Group Holdings Ltd.(b) | 7,400,000 | 14,747,990 | ||||||
Yonyou Network Technology Co. Ltd., Class A | 1,985,800 | 5,544,772 |
1
Schedule of Investments (unaudited) (continued) | iShares® ESG Aware MSCI EM ETF |
May 31, 2023 | (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
China (continued) | ||||||||
Yum China Holdings Inc. | 456,843 | $ | 25,793,356 | |||||
Yunnan Baiyao Group Co. Ltd., Class A | 987,520 | 7,472,932 | ||||||
1,215,893,823 | ||||||||
Colombia — 0.1% | ||||||||
Bancolombia SA | 654,085 | 4,086,194 | ||||||
Egypt — 0.1% | ||||||||
Commercial International Bank Egypt SAE | 2,537,904 | 4,290,856 | ||||||
Greece — 0.7% | ||||||||
Motor Oil Hellas Corinth Refineries SA | 298,400 | 7,693,311 | ||||||
Mytilineos SA | 184,495 | 5,811,236 | ||||||
OPAP SA | 847,774 | 14,475,911 | ||||||
27,980,458 | ||||||||
Hungary — 0.3% | ||||||||
MOL Hungarian Oil & Gas PLC. | 1,712,843 | 13,945,201 | ||||||
India — 14.2% | ||||||||
ABB India Ltd. | 76,558 | 3,818,003 | ||||||
Adani Green Energy Ltd.(a) | 512,631 | 6,039,359 | ||||||
Asian Paints Ltd. | 735,162 | 28,323,969 | ||||||
AU Small Finance Bank Ltd.(b) | 1,032,603 | 9,681,355 | ||||||
Axis Bank Ltd. | 2,043,123 | 22,547,617 | ||||||
Bajaj Finance Ltd. | 247,191 | 20,846,655 | ||||||
Bandhan Bank Ltd.(a)(b) | 1,487,493 | 4,809,129 | ||||||
Bharti Airtel Ltd. | 2,294,783 | 23,554,889 | ||||||
Britannia Industries Ltd. | 167,138 | 9,405,115 | ||||||
Cholamandalam Investment and Finance Co. Ltd. | 419,248 | 5,325,488 | ||||||
Dabur India Ltd. | 1,610,539 | 10,800,967 | ||||||
DLF Ltd. | 874,125 | 5,017,677 | ||||||
Eicher Motors Ltd. | 114,447 | 5,074,124 | ||||||
Havells India Ltd. | 317,223 | 5,008,076 | ||||||
HCL Technologies Ltd. | 1,596,791 | 22,060,049 | ||||||
Hero MotoCorp Ltd. | 290,484 | 9,680,157 | ||||||
Hindalco Industries Ltd. | 1,729,996 | 8,470,458 | ||||||
Hindustan Unilever Ltd. | 856,846 | 27,613,016 | ||||||
Housing Development Finance Corp. Ltd. | 1,169,806 | 37,276,763 | ||||||
ICICI Bank Ltd. | 3,447,863 | 39,428,543 | ||||||
ICICI Prudential Life Insurance Co. Ltd.(b) | 858,698 | 4,830,353 | ||||||
Indian Hotels Co. Ltd. (The) | 1,321,778 | 6,218,838 | ||||||
Info Edge India Ltd. | 106,539 | 5,235,993 | ||||||
Infosys Ltd. | 2,863,418 | 45,519,840 | ||||||
Kotak Mahindra Bank Ltd. | 1,298,681 | 31,547,333 | ||||||
Mahindra & Mahindra Ltd. | 611,398 | 9,735,344 | ||||||
Mahindra & Mahindra Ltd., GDR | 732,053 | 11,493,232 | ||||||
Marico Ltd. | 3,718,627 | 24,384,902 | ||||||
Nestle India Ltd. | 26,798 | 7,016,614 | ||||||
PI Industries Ltd. | 187,861 | 8,212,741 | ||||||
Power Grid Corp. of India Ltd. | 2,874,621 | 8,118,099 | ||||||
Reliance Industries Ltd. | 1,828,788 | 54,525,052 | ||||||
Shriram Transport Finance Co. Ltd. | 337,793 | 5,708,447 | ||||||
Tata Consultancy Services Ltd. | 480,504 | 19,075,536 | ||||||
Tata Consumer Products Ltd. | 1,139,896 | 10,996,074 | ||||||
Tata Elxsi Ltd. | 51,519 | 4,613,911 | ||||||
Tech Mahindra Ltd. | 608,766 | 8,191,985 | ||||||
Titan Co. Ltd. | 241,278 | 8,225,349 | ||||||
TVS Motor Co. Ltd. | 342,923 | 5,392,950 | ||||||
United Spirits Ltd.(a) | 548,946 | 5,853,558 | ||||||
UPL Ltd. | 547,712 | 4,529,475 |
Security | Shares | Value | ||||||
India (continued) | ||||||||
Zomato Ltd.(a) | 8,720,184 | $ | 7,264,476 | |||||
601,471,511 | ||||||||
Indonesia — 1.8% | ||||||||
Bank Central Asia Tbk PT | 48,016,300 | 28,974,347 | ||||||
Bank Rakyat Indonesia Persero Tbk PT | 40,764,400 | 15,147,565 | ||||||
Kalbe Farma Tbk PT | 108,118,828 | 14,642,692 | ||||||
Telkom Indonesia Persero Tbk PT | 55,200,600 | 14,903,359 | ||||||
Unilever Indonesia Tbk PT | 15,003,100 | 4,532,481 | ||||||
78,200,444 | ||||||||
Kuwait — 0.3% | ||||||||
Kuwait Finance House KSCP | 6,007,893 | 13,799,088 | ||||||
Malaysia — 2.6% | ||||||||
AMMB Holdings Bhd | 8,104,700 | 6,388,755 | ||||||
Axiata Group Bhd | 14,631,000 | 8,805,786 | ||||||
CIMB Group Holdings Bhd | 9,890,300 | 10,324,224 | ||||||
DiGi.Com Bhd | 10,197,500 | 9,875,714 | ||||||
Malayan Banking Bhd | 9,901,300 | 18,551,119 | ||||||
Maxis Bhd | 13,174,600 | 11,729,904 | ||||||
Nestle Malaysia Bhd | 658,400 | 19,115,069 | ||||||
Petronas Dagangan Bhd | 2,177,900 | 9,965,821 | ||||||
Public Bank Bhd | 5,295,800 | 4,370,139 | ||||||
Sime Darby Bhd | 21,298,400 | 9,543,044 | ||||||
108,669,575 | ||||||||
Mexico — 2.4% | ||||||||
Arca Continental SAB de CV | 1,808,500 | 18,283,343 | ||||||
Cemex SAB de CV, NVS(a) | 18,100,028 | 10,887,235 | ||||||
Fomento Economico Mexicano SAB de CV | 2,302,700 | 23,187,118 | ||||||
Grupo Aeroportuario del Sureste SAB de CV, Class B | 222,975 | 6,245,165 | ||||||
Grupo Bimbo SAB de CV, Series A | 1,327,600 | 7,096,945 | ||||||
Grupo Financiero Banorte SAB de CV, Class O | 2,440,700 | 19,563,958 | ||||||
Wal-Mart de Mexico SAB de CV | 4,500,800 | 17,103,498 | ||||||
102,367,262 | ||||||||
Peru — 0.2% | ||||||||
Credicorp Ltd. | 74,447 | 9,637,164 | ||||||
Poland — 0.7% | ||||||||
Allegro.eu SA (a)(b) | 912,671 | 7,670,458 | ||||||
KGHM Polska Miedz SA | 551,870 | 13,682,707 | ||||||
Polski Koncern Naftowy ORLEN SA | 497,805 | 7,087,900 | ||||||
28,441,065 | ||||||||
Qatar — 0.7% | ||||||||
Qatar Fuel QSC | 474,481 | 2,064,188 | ||||||
Qatar National Bank QPSC | 5,865,247 | 25,759,033 | ||||||
27,823,221 | ||||||||
Russia — 0.0% | ||||||||
Gazprom PJSC(d) | 7,224,690 | 886 | ||||||
LUKOIL PJSC(d) | 725,046 | 89 | ||||||
Novatek PJSC(d) | 1,686,230 | 207 | ||||||
Novolipetsk Steel PJSC(a)(d) | 5,130,970 | 629 | ||||||
PhosAgro PJSC(d) | 249,741 | 31 | ||||||
PhosAgro PJSC, New(d) | 4,826 | 48 | ||||||
Polymetal International PLC(a)(d) | 1,747,485 | 214 | ||||||
Polyus PJSC(a)(d) | 43,646 | 5 | ||||||
Rosneft Oil Co. PJSC(d) | 759,129 | 93 | ||||||
Sberbank of Russia PJSC(d) | 10,004,860 | 1,227 | ||||||
TCS Group Holding PLC, GDR(a)(d)(e) | 124,025 | 15 | ||||||
Yandex NV, Class A(a)(d) | 87,150 | 11 | ||||||
3,455 |
2
Schedule of Investments (unaudited) (continued) | iShares® ESG Aware MSCI EM ETF |
May 31, 2023 | (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Saudi Arabia — 3.6% | ||||||||
Al Rajhi Bank | 1,660,147 | $ | 31,276,575 | |||||
Alinma Bank | 1,109,408 | 9,657,185 | ||||||
Bank AlBilad | 569,242 | 5,645,495 | ||||||
Dr Sulaiman Al Habib Medical Services Group Co. | 206,959 | 14,735,918 | ||||||
Etihad Etisalat Co. | 962,661 | 11,034,106 | ||||||
Mobile Telecommunications Co.(a) | 1,877,222 | 6,897,866 | ||||||
Riyad Bank | 945,072 | 8,251,868 | ||||||
SABIC Agri-Nutrients Co. | 129,342 | 4,304,403 | ||||||
Sahara International Petrochemical Co. | 1,259,822 | 11,933,672 | ||||||
Saudi Arabian Mining Co.(a) | 913,313 | 15,119,529 | ||||||
Saudi Basic Industries Corp. | 814,488 | 19,137,962 | ||||||
Saudi Investment Bank (The) | 922,571 | 4,141,322 | ||||||
Savola Group (The) | 969,007 | 9,274,723 | ||||||
151,410,624 | ||||||||
South Africa — 3.9% | ||||||||
Absa Group Ltd. | 572,845 | 4,482,212 | ||||||
Anglo American Platinum Ltd. | 83,800 | 4,820,716 | ||||||
Bidvest Group Ltd. (The) | 868,502 | 10,474,657 | ||||||
Gold Fields Ltd. | 1,265,257 | 19,183,159 | ||||||
Impala Platinum Holdings Ltd. | 895,187 | 7,187,472 | ||||||
Kumba Iron Ore Ltd. | 412,574 | 9,071,136 | ||||||
MTN Group Ltd. | 1,128,682 | 6,981,444 | ||||||
MultiChoice Group | 803,088 | 3,994,516 | ||||||
Naspers Ltd., Class N | 161,107 | 24,303,536 | ||||||
Nedbank Group Ltd. | 758,538 | 8,007,853 | ||||||
NEPI Rockcastle NV | 3,922,543 | 22,406,859 | ||||||
Standard Bank Group Ltd. | 629,367 | 4,839,507 | ||||||
Vodacom Group Ltd. | 4,940,222 | 27,651,464 | ||||||
Woolworths Holdings Ltd. | 4,168,025 | 12,590,292 | ||||||
165,994,823 | ||||||||
South Korea — 12.4% | ||||||||
CJ CheilJedang Corp. | 45,977 | 10,731,506 | ||||||
CJ Corp. | 71,668 | 4,784,166 | ||||||
DB Insurance Co. Ltd. | 71,200 | 3,969,712 | ||||||
Hana Financial Group Inc. | 349,082 | 10,889,584 | ||||||
Hanwha Aerospace Co. Ltd. | 73,731 | 5,894,036 | ||||||
Kakao Corp. | 433,428 | 18,339,290 | ||||||
KB Financial Group Inc. | 628,660 | 22,670,172 | ||||||
LG Chem Ltd. | 33,664 | 17,544,630 | ||||||
LG Corp. | 1 | 65 | ||||||
LG Display Co. Ltd.(a) | 515,547 | 6,107,795 | ||||||
NAVER Corp. | 203,547 | 30,554,283 | ||||||
NCSoft Corp. | 21,404 | 5,174,141 | ||||||
POSCO Future M Co. Ltd. | 36,682 | 9,661,241 | ||||||
POSCO Holdings Inc. | 77,241 | 20,929,832 | ||||||
Samsung C&T Corp. | 119,677 | 9,968,699 | ||||||
Samsung Electro-Mechanics Co. Ltd. | 100,225 | 11,123,306 | ||||||
Samsung Electronics Co. Ltd. | 3,316,132 | 177,912,017 | ||||||
Samsung Fire & Marine Insurance Co. Ltd. | 31,573 | 5,362,670 | ||||||
Samsung SDI Co. Ltd. | 42,441 | 22,926,605 | ||||||
Samsung SDS Co. Ltd. | 60,901 | 5,703,518 | ||||||
Samsung Securities Co. Ltd. | 595,746 | 16,487,988 | ||||||
Shinhan Financial Group Co. Ltd. | 539,548 | 14,215,676 | ||||||
SK Hynix Inc. | 406,856 | 33,180,484 | ||||||
SK Inc. | 300,432 | 37,978,637 | ||||||
SK Innovation Co. Ltd.(a) | 94,709 | 13,480,580 | ||||||
Woori Financial Group Inc. | 1,095,805 | 9,880,599 | ||||||
525,471,232 |
Security | Shares | Value | ||||||
Taiwan — 17.0% | ||||||||
Acer Inc. | 38,112,000 | $ | 38,199,847 | |||||
Advantech Co. Ltd. | 427,000 | 5,655,813 | ||||||
ASE Technology Holding Co. Ltd. | 3,519,000 | 12,716,085 | ||||||
AUO Corp. | 7,608,200 | 4,351,883 | ||||||
Cathay Financial Holding Co. Ltd. | 15,999,769 | 23,017,911 | ||||||
Chailease Holding Co. Ltd. | 734,129 | 4,830,820 | ||||||
China Steel Corp. | 4,943,000 | 4,661,237 | ||||||
CTBC Financial Holding Co. Ltd. | 20,730,000 | 16,367,505 | ||||||
Delta Electronics Inc. | 2,987,000 | 30,673,379 | ||||||
E.Sun Financial Holding Co. Ltd. | 47,502,698 | 39,985,926 | ||||||
Far EasTone Telecommunications Co. Ltd. | 4,814,000 | 12,020,565 | ||||||
First Financial Holding Co. Ltd. | 53,315,722 | 48,716,630 | ||||||
Fubon Financial Holding Co. Ltd. | 10,939,559 | 21,603,629 | ||||||
Lite-On Technology Corp. | 4,837,000 | 13,994,696 | ||||||
MediaTek Inc. | 1,017,000 | 24,991,344 | ||||||
Mega Financial Holding Co. Ltd. | 17,419,625 | 20,264,248 | ||||||
Shanghai Commercial & Savings Bank Ltd. (The) | 243,000 | 356,971 | ||||||
SinoPac Financial Holdings Co. Ltd. | 37,185,257 | 20,917,862 | ||||||
Taishin Financial Holding Co. Ltd. | 22,355,507 | 13,337,315 | ||||||
Taiwan Semiconductor Manufacturing Co. Ltd. | 17,925,000 | 324,403,635 | ||||||
United Microelectronics Corp. | 12,110,000 | 20,269,519 | ||||||
Voltronic Power Technology Corp. | 175,000 | 11,012,528 | ||||||
Wistron Corp. | 4,340,000 | 9,420,812 | ||||||
721,770,160 | ||||||||
Thailand — 2.8% | ||||||||
Advanced Info Service PCL, NVDR | 3,563,700 | 21,604,553 | ||||||
Asset World Corp. PCL, NVDR | 61,932,400 | 8,749,637 | ||||||
Bangkok Dusit Medical Services PCL, NVDR | 20,040,700 | 16,247,392 | ||||||
BTS Group Holdings PCL, NVDR | 68,237,400 | 13,919,018 | ||||||
Delta Electronics Thailand PCL, NVDR(c) | 4,016,000 | 11,412,934 | ||||||
Intouch Holdings PCL, NVDR | 6,466,700 | 13,879,465 | ||||||
Muangthai Capital PCL, NVDR | 4,356,500 | 5,155,181 | ||||||
PTT Exploration & Production PCL, NVDR | 4,613,700 | 18,474,211 | ||||||
PTT Public Company Ltd., NVDR | 12,530,400 | 10,794,324 | ||||||
120,236,715 | ||||||||
Turkey — 0.5% | ||||||||
Aselsan Elektronik Sanayi Ve Ticaret AS | 2,358,746 | 5,409,191 | ||||||
Haci Omer Sabanci Holding AS | 5,321,333 | 9,898,758 | ||||||
Yapi ve Kredi Bankasi AS | 15,328,726 | 7,550,372 | ||||||
22,858,321 | ||||||||
United Arab Emirates — 1.5% | ||||||||
Abu Dhabi Commercial Bank PJSC | 9,747,096 | 21,203,473 | ||||||
Abu Dhabi Islamic Bank PJSC | 1,714,103 | 4,666,829 | ||||||
Emirates Telecommunications Group Co. PJSC | 3,800,190 | 23,856,886 | ||||||
First Abu Dhabi Bank PJSC | 3,831,238 | 13,239,936 | ||||||
62,967,124 | ||||||||
Total Common Stocks — 97.6% | ||||||||
(Cost: $4,309,309,557) | 4,145,232,089 | |||||||
Preferred Stocks | ||||||||
Brazil — 1.6% | ||||||||
Banco Bradesco SA, Preference Shares, NVS | 3,940,014 | 12,045,339 | ||||||
Cia. Energetica de Minas Gerais, Preference Shares, NVS | 7,455,761 | 17,194,411 | ||||||
Gerdau SA, Preference Shares, NVS | 1,138,724 | 5,380,169 | ||||||
Itau Unibanco Holding SA, Preference Shares, NVS | 2,285,953 | 11,863,904 | ||||||
Petroleo Brasileiro SA, Preference Shares, NVS | 3,785,562 | 19,490,052 | ||||||
65,973,875 |
3
Schedule of Investments (unaudited) (continued) | iShares® ESG Aware MSCI EM ETF |
May 31, 2023 | (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Chile — 0.2% | ||||||||
Sociedad Quimica y Minera de Chile SA, Class B, Preference Shares | 116,132 | $ | 7,484,016 | |||||
Colombia — 0.1% | ||||||||
Bancolombia SA, Preference Shares, NVS | 1,020,714 | 5,954,547 | ||||||
South Korea — 0.5% | ||||||||
Samsung Electronics Co. Ltd., Preference Shares, NVS | 532,016 | 23,432,758 | ||||||
Total Preferred Stocks — 2.4% | ||||||||
(Cost: $101,141,304) | 102,845,196 | |||||||
Total Long-Term Investments — 100.0% | ||||||||
(Cost: $4,410,450,861) | 4,248,077,285 | |||||||
Short-Term Securities | ||||||||
Money Market Funds — 0.4% | ||||||||
BlackRock Cash Funds: Institutional, SL Agency Shares, 5.29%(f)(g)(h) | 18,588,900 | 18,592,618 | ||||||
Total Short-Term Securities — 0.4% | ||||||||
(Cost: $18,589,852) | 18,592,618 | |||||||
Total Investments — 100.4% | ||||||||
(Cost: $4,429,040,713) | 4,266,669,903 | |||||||
Liabilities in Excess of Other Assets — (0.4)% | (16,261,326 | ) | ||||||
Net Assets — 100.0% | $ | 4,250,408,577 |
(a) | Non-income producing security. |
(b) | Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors. |
(c) | All or a portion of this security is on loan. |
(d) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. |
(e) | This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933. |
(f) | Affiliate of the Fund. |
(g) | Annualized 7-day yield as of period end. |
(h) | All or a portion of this security was purchased with the cash collateral from loaned securities. |
Affiliates
Investments in issuers considered to be affiliate(s) of the Fund during the period ended May 31, 2023 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:
Affiliated Issuer | Value
at 08/31/23 | Purchases at Cost | Proceeds from Sale | Net
Realized Gain (Loss) | Change
in Unrealized Appreciation (Depreciation) | Value
at 05/31/23 | Shares Held at 05/31/23 | Income | Capital
Gain Distributions from Underlying Funds | ||||||||||||||||||||||||||
BlackRock Cash Funds: Institutional, SL Agency Shares | $ | 23,472,414 | $ | — | $ | (4,873,436 | )(a) | $ | 3,098 | $ | (9,458 | ) | $ | 18,592,618 | 18,588,900 | $ | 443,096 | (b) | $ | — | |||||||||||||||
BlackRock Cash Funds: Treasury, SL Agency Shares(c) | 5,610,000 | — | (5,610,000 | )(a) | — | — | — | — | 121,134 | 1 | |||||||||||||||||||||||||
$ | 3,098 | $ | (9,458 | ) | $ | 18,592,618 | $ | 564,230 | $ | 1 |
(a) | Represents net amount purchased (sold). |
(b) | All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of fees and collateral investment expenses, and other payments to and from borrowers of securities. |
(c) | As of period end, the entity is no longer held. |
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 | 189 | 06/16/23 | $ | 9,042 | $ | (172,558 | ) |
4
Schedule of Investments (unaudited) (continued) | iShares® ESG Aware MSCI EM ETF |
May 31, 2023 |
Fair Value Hierarchy as of Period End
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 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 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 | |||||||||||||
Assets | ||||||||||||||||
Investments | ||||||||||||||||
Long-Term Investments | ||||||||||||||||
Common Stocks | $ | 473,282,602 | $ | 3,671,946,032 | $ | 3,455 | $ | 4,145,232,089 | ||||||||
Preferred Stocks | 79,412,438 | 23,432,758 | — | 102,845,196 | ||||||||||||
Short-Term Securities | ||||||||||||||||
Money Market Funds | 18,592,618 | — | — | 18,592,618 | ||||||||||||
$ | 571,287,658 | $ | 3,695,378,790 | $ | 3,455 | $ | 4,266,669,903 | |||||||||
Derivative Financial Instruments(a) | ||||||||||||||||
Liabilities | ||||||||||||||||
Equity Contracts | $ | (172,558 | ) | $ | — | $ | — | $ | (172,558 | ) |
(a) | Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument. |
Portfolio Abbreviation
ADR | American Depositary Receipt |
GDR | Global Depositary Receipt |
NVDR | Non-Voting Depositary Receipt |
NVS | Non-Voting Shares |
PJSC | Public Joint Stock Company |
5