NPORT-EX 2 NPORT_2Q1X_31081121_0723.htm

Schedule of Investments (unaudited) iShares® Asia/Pacific Dividend ETF
July 31, 2023 (Percentages shown are based on Net Assets)

 

Security  Shares   Value 
         
Common Stocks          
           
Australia — 39.0%          
Ampol Ltd.   38,916   $861,858 
Australia & New Zealand Banking Group Ltd.   43,881    761,299 
Bank of Queensland Ltd.   162,665    661,029 
Bendigo & Adelaide Bank Ltd.   109,431    689,115 
BHP Group Ltd.   32,445    1,009,749 
CSR Ltd.   241,127    930,128 
Elders Ltd.   120,589    591,227 
Fortescue Metals Group Ltd.   74,669    1,097,689 
Harvey Norman Holdings Ltd.   376,480    957,789 
JB Hi-Fi Ltd.   34,797    1,070,208 
Magellan Financial Group Ltd.   283,053    1,779,269 
Nick Scali Ltd.   146,005    1,051,182 
Perpetual Ltd.   44,215    733,984 
Rio Tinto Ltd.   8,804    697,143 
South32 Ltd.   253,724    668,105 
Super Retail Group Ltd.   82,860    687,710 
Viva Energy Group Ltd.(a)   533,557    1,131,987 
Westpac Banking Corp.   45,430    682,852 
         16,062,323 
Hong Kong — 26.6%          
BOC Hong Kong Holdings Ltd.   147,000    448,650 
CK Hutchison Holdings Ltd.   112,000    690,741 
CK Infrastructure Holdings Ltd.   134,000    710,112 
Henderson Land Development Co. Ltd.   220,000    680,057 
Hongkong Land Holdings Ltd.   130,000    463,283 
Hysan Development Co. Ltd.   235,000    555,295 
Kerry Properties Ltd.   328,000    709,124 
New World Development Co. Ltd.   389,250    962,604 
PCCW Ltd.   2,284,000    1,167,808 
Power Assets Holdings Ltd.   148,000    775,701 
Sino Land Co. Ltd.   534,000    655,497 
Sun Hung Kai Properties Ltd.   41,000    514,821 
Swire Pacific Ltd., Class A   62,000    518,273 
Swire Properties Ltd.   203,800    511,400 
VTech Holdings Ltd.   254,600    1,587,777 
         10,951,143 
Japan — 26.2%          
Haseko Corp.   52,400    682,184 
Iino Kaiun Kaisha Ltd.   82,000    529,507 
JAFCO Group Co. Ltd.   49,500    647,188 
Kumagai Gumi Co. Ltd.   26,400    597,917 
Mitsubishi HC Capital Inc.   96,800    640,368 
Mitsui OSK Lines Ltd.   72,000    1,861,330 
MS&AD Insurance Group Holdings Inc.   16,300    606,251 
Nippon Yusen KK   66,200    1,610,392 
Nishimatsu Construction Co. Ltd.   27,300    711,174 
Security  Shares   Value 
         
Japan (continued)          
Niterra Co. Ltd.   35,100   $742,190 
Sojitz Corp.   29,080    690,425 
Sumitomo Corp.   32,700    701,509 
Yamato Kogyo Co. Ltd.   15,800    755,544 
         10,775,979 
New Zealand — 1.9%          
Spark New Zealand Ltd.   250,143    805,347 
           
Singapore — 5.9%          
Golden Agri-Resources Ltd.   3,916,500    737,512 
Keppel Corp. Ltd.   178,300    990,142 
Oversea-Chinese Banking Corp. Ltd.   69,000    690,535 
         2,418,189 
Total Common Stocks — 99.6%          
(Cost: $44,214,860)        41,012,981 
           
Warrants          
           
Australia — 0.0%          
Magellan Financial Group Ltd. (Issued/Exercisable 04/14/22, 1 Share for 1 Warrant, Expires 04/16/27, Strike Price AUD 35.00)(b)   1     
           
Total Warrants — 0.0%          
(Cost: $—)         
Total Long-Term Investments — 99.6%          
(Cost: $44,214,860)        41,012,981 
           
Short-Term Securities          
           
Money Market Funds — 0.0%          
BlackRock Cash Funds: Treasury, SL Agency Shares, 5.22%(c)(d)   10,000    10,000 
           
Total Short-Term Securities — 0.0%          
(Cost: $10,000)        10,000 
           
Total Investments — 99.6%          
(Cost: $44,224,860)        41,022,981 
           
Other Assets Less Liabilities — 0.4%        177,605 
           
Net Assets — 100.0%       $41,200,586 

 

(a)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.
(b)Non-income producing security.
(c)Affiliate of the Fund.
(d)Annualized 7-day yield as of period end.


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Schedule of Investments (unaudited) (continued) iShares® Asia/Pacific Dividend ETF
July 31, 2023  

 

Affiliates

 

Investments in issuers considered to be affiliate(s) of the Fund during the period ended July 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 04/30/23   Purchases
at Cost
   Proceeds
from Sale
   Net Realized
Gain (Loss)
   Change in Unrealized Appreciation (Depreciation)   Value at 07/31/23   Shares
Held at
07/31/23
   Income   Capital
Gain
Distributions
from
Underlying
Funds
 
BlackRock Cash Funds: Institutional, SL Agency Shares(a)  $   $   $(12)(b)  $12   $   $       $22(c)  $ 
BlackRock Cash Funds: Treasury, SL Agency Shares   10,000    0(b)               10,000    10,000    576     
                  $12   $   $10,000        $598   $ 

 

(a)As of period end, the entity is no longer held.
(b)Represents net amount purchased (sold).
(c)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.

 

Derivative Financial Instruments Outstanding as of Period End

 

Futures Contracts

 

               Value/ 
           Notional   Unrealized 
   Number of   Expiration   Amount   Appreciation 
Description   Contracts    Date    (000)   (Depreciation) 
Long Contracts                    
MSCI Singapore Index   4    08/30/23   $92   $2,663 
Mini TOPIX Index   5    09/07/23    82    3,578 
                  $6,241 

 

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.

 

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Schedule of Investments (unaudited) (continued) iShares® Asia/Pacific Dividend ETF
July 31, 2023

 

Fair Value Hierarchy as of Period End (continued)

 

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  $   $41,012,981   $   $41,012,981 
Warrants                
Short-Term Securities                    
Money Market Funds   10,000            10,000 
   $10,000   $41,012,981   $   $41,022,981 
Derivative Financial Instruments(a)                    
Assets                    
Equity Contracts  $   $6,241   $   $6,241 

 

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

  

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