The Markets in Review

Dear Shareholder,

The combination of continued economic growth and cooling inflation provided a supportive backdrop for investors during the 12-month reporting period ended February 29, 2024. Significantly tighter monetary policy helped to rein in inflation, and the Consumer Price Index decelerated substantially while remaining above pre-pandemic levels. A moderating labor market helped ease inflationary pressure, although wages continued to grow. Wage and job growth powered robust consumer spending, backstopping the economy. On October 7, 2023, Hamas launched a horrific attack on Israel. The ensuing war will have a significant humanitarian impact and could lead to heightened economic and market volatility. We see geopolitics as a structural market risk going forward. See our geopolitical risk dashboard at blackrock.com for more details.

Equity returns were robust during the period, as interest rates stabilized and the economy proved to be more resilient than many investors expected. The U.S. economy continued to show strength, and growth further accelerated in the second half of 2023. Large-capitalization U.S. stocks posted particularly substantial gains, supported by the performance of a few notable technology companies, while small-capitalization U.S. stocks advanced at a significantly slower pace. Meanwhile, international developed market equities also gained strongly, while emerging market stocks advanced at a more modest pace.

The 10-year U.S. Treasury yield rose during the reporting period, as investors reacted to elevated inflation and attempted to anticipate future interest rate changes. However, higher yields drove positive returns overall for 10-year U.S. Treasuries and solid gains in shorter-duration U.S. Treasuries. The corporate bond market benefited from improving economic sentiment, although high-yield corporate bond prices fared significantly better than investment-grade bonds as demand from yield-seeking investors remained strong.

The U.S. Federal Reserve (the “Fed”), attempting to manage persistent inflation, raised interest rates three times during the 12-month period, but paused its tightening after its July meeting. The Fed also continued to reduce its balance sheet by not replacing some of the securities that reach maturity.

Supply constraints appear to have become an embedded feature of the new macroeconomic environment, making it difficult for developed economies to increase production without sparking higher inflation. Geopolitical fragmentation and an aging population risk further exacerbating these constraints, keeping the labor market tight and wage growth high. Although the Fed has stopped tightening for now, we believe that the new economic regime means that the Fed will need to maintain high rates for an extended period despite the market’s hopes for rapid interest rate cuts, as reflected in the recent rally. In this new regime, we anticipate greater volatility and dispersion of returns, creating more opportunities for selective portfolio management.

Looking at developed market stocks, we have an overweight stance on U.S. stocks overall, particularly given the promise of emerging AI technologies. We are also overweight Japanese stocks as shareholder-friendly policies generate increased investor interest, although we maintain an underweight stance on European stocks. In credit, there are selective opportunities in the near term despite tighter credit and financial conditions. For fixed income investing with a six- to twelve-month horizon, we see the most attractive investments in short-term U.S. Treasuries and hard-currency emerging market bonds.

Overall, our view is that investors need to think globally, position themselves to be prepared for a decarbonizing economy, and be nimble as market conditions change. We encourage you to talk with your financial advisor and visit iShares.com for further insight about investing in today’s markets.

LOGO

Rob Kapito

President, BlackRock Inc.

LOGO

Rob Kapito

President, BlackRock Inc.


Total Returns as of February 29, 2024
	6-Month		12-Month

U.S. large cap equities (S&P 500^® Index)		13.93%		30.45%

U.S. small cap equities (Russell 2000^® Index)		8.97		10.05

International equities (MSCI Europe, Australasia, Far East Index)		9.23		14.41

Emerging market equities (MSCI Emerging Markets Index)		4.93		8.73

3-month Treasury bills (ICE BofA 3-Month U.S. Treasury Bill Index)		2.69		5.22

U.S. Treasury securities (ICE BofA 10-Year U.S. Treasury Index)		0.58		0.69

U.S. investment grade bonds (Bloomberg U.S. Aggregate Bond Index)		2.35		3.33

Tax-exempt municipal bonds (Bloomberg Municipal Bond Index)		4.33		5.42

U.S. high yield bonds (Bloomberg U.S. Corporate High Yield 2% Issuer Capped Index)		6.18		11.01

Past performance is not an indication of future results. Index performance is shown for illustrative purposes only. You cannot invest directly in an index.

The iSharesCore MSCI Emerging Markets ETF (the “Fund”) seeks to track the investment results of an index composed of large-, mid- and small-capitalization emerging market equities, as represented by the MSCI Emerging Markets Investable Market Index (the “Index”). The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index.

Past performance is not an indication of future results. Performance results do not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption or sale of fund shares. See “About Fund Performance” for more information.

GEOGRAPHIC ALLOCATION



Country/Geographic Region	Percent of Total Investments^(a)

China		22.8%
India		19.2
Taiwan		17.6
South Korea		12.6
Brazil		5.4
Saudi Arabia		4.5
South Africa		2.6
Mexico		2.5
Indonesia		1.9
Thailand		1.8
Malaysia		1.5
United Arab Emirates		1.2
Poland		1.0
Turkey		1.0
Other (each representing less than 1%)		4.4

The iShares MSCI BIC ETF(the “Fund”) seeks to track the investment results of an index composed of Chinese equities that are available to international investors, and Brazilian, and Indian equities, as represented by the MSCI BIC Index (the “Index”). The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index.

The iShares MSCI Emerging Markets Asia ETF (the “Fund”) seeks to track the investment results of an index composed of Asian emerging market equities, as represented by the MSCI EM Asia Custom Capped Index (the “Index”). The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index.

Index performance through May 31, 2018 reflects the performance of the MSCI Emerging Markets Asia. Index performance beginning on June 1, 2018 reflects the performance of the MSCI EM Asia Custom Capped Index.

The iShares MSCI Emerging Markets Small-Cap ETF(the “Fund”) seeks to track the investment results of an index composed of small-capitalization emerging market equities, as represented by the MSCI Emerging Markets Small Cap Index (the “Index”). The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index.

GEOGRAPHIC ALLOCATION



Country/Geographic Region	Percent of Total Investments^(a)

India		26.1%
Taiwan		22.1
South Korea		13.2
China		8.2
Brazil		4.7
Saudi Arabia		4.2
Thailand		3.1
South Africa		3.0
Turkey		2.6
Malaysia		2.3
Mexico		2.0
Indonesia		1.8
Poland		1.3
Kuwait		1.1
United Arab Emirates		1.0
Other (each representing less than 1%)		3.3

Past performance is not an indication of future results. Financial markets have experienced extreme volatility and trading in many instruments has been disrupted. These circumstances may continue for an extended period of time and may continue to affect adversely the value and liquidity of each Fund’s investments. As a result, current performance may be lower or higher than the performance data quoted. Performance data current to the most recent month-end is available at iShares.com. Performance results assume reinvestment of all dividends and capital gain distributions and do not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption or sale of fund shares. The investment return and principal value of shares will vary with changes in market conditions. Shares may be worth more or less than their original cost when they are redeemed or sold in the market. Performance for certain funds may reflect a waiver of a portion of investment advisory fees. Without such a waiver, performance would have been lower.

Net asset value or “NAV” is the value of one share of a fund as calculated in accordance with the standard formula for valuing mutual fund shares. Beginning August 10, 2020, the price used to calculate market return (“Market Price”) is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the highest bid and the lowest ask on the primary stock exchange on which shares of a fund are listed for trading, as of the time that such fund’s NAV is calculated. Market and NAV returns assume that dividends and capital gain distributions have been reinvested at Market Price and NAV, respectively.

An index is a statistical composite that tracks a specified financial market or sector. Unlike a fund, an index does not actually hold a portfolio of securities and therefore does not incur the expenses incurred by a fund. These expenses negatively impact fund performance. Also, index returns do not include brokerage commissions that may be payable on secondary market transactions. If brokerage commissions were included, index returns would be lower.

Shareholders of each Fund may incur the following charges: (1) transactional expenses, including brokerage commissions on purchases and sales of fund shares and (2) ongoing expenses, including management fees and other fund expenses. The expense examples shown (which are based on a hypothetical investment of $1,000 invested at the beginning of the period and held through the end of the period) are intended to assist shareholders both in calculating expenses based on an investment in each Fund and in comparing these expenses with similar costs of investing in other funds.

The expense examples provide information about actual account values and actual expenses. Annualized expense ratios reflect contractual and voluntary fee waivers, if any. In order to estimate the expenses a shareholder paid during the period covered by this report, shareholders can divide their account value by $1,000 and then multiply the result by the number under the heading entitled “Expenses Paid During the Period.”

The expense examples also provide information about hypothetical account values and hypothetical expenses based on a fund’s actual expense ratio and an assumed rate of return of 5% per year before expenses. In order to assist shareholders in comparing the ongoing expenses of investing in the Funds and other funds, compare the 5% hypothetical examples with the 5% hypothetical examples that appear in the shareholder reports of the other funds.

The expenses shown in the expense examples are intended to highlight shareholders’ ongoing costs only and do not reflect any transactional expenses, such as brokerage commissions and other fees paid on purchases and sales of fund shares. Therefore, the hypothetical examples are useful in comparing ongoing expenses only and will not help shareholders determine the relative total expenses of owning different funds. If these transactional expenses were included, shareholder expenses would have been higher.


Security	Shares		Value

Common Stocks

Brazil — 3.9%
3R Petroleum Oleo E Gas SA^(a)		2,245,952	$	12,627,861
AES Brasil Energia SA^(a)		3,901,302		8,193,276
Allos SA, NVS		4,441,520		22,059,731
Alupar Investimento SA		1,631,840		9,775,743
Ambev SA		41,494,373		105,006,782
Arezzo Industria e Comercio SA		649,147		7,734,501
Armac Locacao Logistica E Servicos SA		345,145		880,376
Atacadao SA		4,888,740		11,889,696
Auren Energia SA		2,681,671		6,921,172
B3 SA - Brasil Bolsa Balcao		50,829,185		131,185,943
Banco Bradesco SA		13,941,162		34,494,638
Banco BTG Pactual SA		10,879,318		79,639,996
Banco do Brasil SA		7,643,711		88,967,254
Banco Santander Brasil SA		2,968,469		17,078,356
BB Seguridade Participacoes SA		6,175,178		41,415,468
BRF SA^(a)		5,585,299		16,965,665
Caixa Seguridade Participacoes S/A		2,974,714		8,599,030
Camil Alimentos SA		1,713,660		2,947,395
CCR SA		9,687,480		26,853,911
Centrais Eletricas Brasileiras SA		10,785,366		94,378,190
Cia de Saneamento de Minas Gerais Copasa MG		2,716,971		11,297,256
Cia. Brasileira de Aluminio		2,521,056		2,028,570
Cia. de Saneamento Basico do Estado de Sao Paulo		3,035,793		48,342,092
Cia. de Saneamento do Parana		1,685,968		8,760,345
Cia. Siderurgica Nacional SA		6,000,250		20,302,188
Cielo SA		10,360,644		11,150,338
Cogna Educacao SA^(a)		17,839,834		9,043,548
Cosan SA		10,996,850		37,606,656
CPFL Energia SA		1,485,297		10,574,050
Cury Construtora e Incorporadora SA		1,231,020		4,774,409
Cyrela Brazil Realty SA Empreendimentos e Participacoes		2,716,792		13,143,740
Dexco SA		4,631,646		7,584,156
Direcional Engenharia SA		1,323,276		6,300,807
EcoRodovias Infraestrutura e Logistica SA		3,239,247		5,981,832
Embraer SA^(a)		6,525,648		32,069,679
Enauta Participacoes SA		1,581,399		8,105,660
Energisa SA		1,653,837		16,913,977
Eneva SA^(a)		7,651,984		19,749,141
Engie Brasil Energia SA		1,436,963		12,146,444
Equatorial Energia SA		9,335,821		64,190,695
Ez Tec Empreendimentos e Participacoes SA		1,441,135		4,893,557
Fleury SA		3,433,387		10,988,551
GPS Participacoes e Empreendimentos SA^(b)		2,932,154		10,564,036
Grendene SA		4,626,834		6,003,315
Grupo De Moda Soma SA		4,826,635		6,796,573
Grupo Mateus SA^(a)		5,770,204		9,367,252
Grupo SBF SA		1,284,683		3,181,277
Hapvida Participacoes e Investimentos SA^(a)(b)		45,006,882		33,227,104
Hidrovias do Brasil SA^(a)		6,139,505		4,742,552
Hypera SA		3,438,533		22,743,249
Iguatemi SA		1,997,053		9,448,751
Intelbras SA Industria de Telecomunicacao Eletronica Brasileira		1,085,250		4,628,211
Iochpe Maxion SA		1,704,595		4,306,836
Irani Papel e Embalagem SA		227,563		416,572
IRB-Brasil Resseguros SA^(a)		653,353		5,102,123
JBS SA		6,645,036		30,825,075


Security	Shares		Value

Brazil (continued)
JHSF Participacoes SA		4,260,147	$	3,822,143
Klabin SA		6,763,146		30,706,324
Localiza Rent a Car SA		8,272,450		88,197,753
Localiza Rent a Car SA, NVS^(a)		29,864		303,981
LOG Commercial Properties e Participacoes SA		749,606		3,296,330
Lojas Renner SA		8,705,284		27,668,622
LWSA SA^(b)		4,036,763		4,523,098
M. Dias Branco SA		879,799		7,295,229
Magazine Luiza SA^(a)		27,279,683		11,688,706
Magazine Luiza SA, NVS		2,613,125		1,119,663
Marfrig Global Foods SA^(a)		4,737,490		9,434,763
Minerva SA		2,948,877		4,039,720
Movida Participacoes SA		1,824,064		3,129,944
MRV Engenharia e Participacoes SA^(a)		3,601,928		5,521,251
Multiplan Empreendimentos Imobiliarios SA		2,386,374		12,678,107
Natura & Co. Holding SA^(a)		8,212,063		26,943,483
Odontoprev SA		3,425,202		8,302,727
Oncoclinicas do Brasil Servicos Medicos SA^(a)		2,279,522		4,723,115
Pet Center Comercio e Participacoes SA		4,290,613		3,599,174
Petroleo Brasileiro SA		34,085,957		282,638,279
Petroreconcavo SA		1,465,938		6,782,518
PRIO SA		7,230,754		63,578,737
Raia Drogasil SA		11,461,473		61,421,746
Rede D’Or Sao Luiz SA^(b)		5,238,851		26,683,774
Rumo SA		11,731,183		53,616,398
Santos Brasil Participacoes SA		5,475,869		11,621,254
Sao Martinho SA		1,487,070		8,465,748
Sendas Distribuidora SA		12,013,408		34,316,428
Serena Energia SA, NVS		3,475,942		6,544,792
SIMPAR SA		4,393,460		6,796,425
SLC Agricola SA		2,168,394		8,575,693
Smartfit Escola de Ginastica e Danca SA		2,501,904		12,310,469
Suzano SA		7,087,930		80,345,367
Telefonica Brasil SA		3,539,979		38,795,851
TIM SA/Brazil		7,553,134		27,607,661
TOTVS SA		4,841,895		29,892,329
Transmissora Alianca de Energia Eletrica SA		1,436,023		10,226,150
Ultrapar Participacoes SA		6,672,503		39,408,720
Vale SA		30,576,233		412,041,972
Vamos Locacao de Caminhoes Maquinas e Equipamentos SA		3,984,157		6,996,780
Vibra Energia SA		10,491,801		54,579,062
Vivara Participacoes SA		1,458,344		9,593,017
WEG SA		14,999,346		110,705,076
YDUQS Participacoes SA		2,463,015		10,087,704


				2,915,541,684

Chile — 0.4%
Aguas Andinas SA, Class A		32,445,518		9,538,255
Banco de Chile		409,209,935		47,450,555
Banco de Credito e Inversiones SA		639,146		17,730,900
Banco Itau Chile SA, NVS		802,252		7,889,152
Banco Santander Chile		593,344,109		28,854,632
CAP SA		768,281		5,270,575
Cencosud SA		12,777,553		22,947,906
Cia. Cervecerias Unidas SA		1,172,804		6,804,708
Cia. Sud Americana de Vapores SA		142,654,159		9,960,068
Colbun SA		76,284,120		10,482,493
Empresa Nacional de Telecomunicaciones SA		1,753,855		5,711,657
Empresas CMPC SA		10,239,494		18,177,683
Empresas Copec SA		3,402,440		21,836,250
Enel Americas SA		198,888,675		20,278,797


Security	Shares		Value

Chile (continued)
Enel Chile SA		242,413,405	$	14,561,466
Engie Energia Chile SA^(a)		6,786,095		5,795,218
Falabella SA^(a)		6,992,440		17,734,926
Inversiones Aguas Metropolitanas SA		5,617,449		4,215,732
Latam Airlines Group SA^(a)		1,574,011,666		19,796,122
Parque Arauco SA		6,243,117		9,958,640
SMU SA		31,811,600		5,368,780
Vina Concha y Toro SA		5,690,528		5,905,765


				316,270,280

China — 22.7%
360 Security Technology Inc., Class A^(a)		4,006,588		4,871,085
361 Degrees International Ltd.		9,851,000		5,259,897
37 Interactive Entertainment Network Technology Group Co. Ltd., Class A		1,433,837		3,861,989
3SBio Inc.^(b)(c)		14,806,500		9,769,105
AAC Technologies Holdings Inc.		6,321,000		15,714,955
Accelink Technologies Co. Ltd., Class A		400,700		1,664,577
ACM Research Shanghai Inc.		86,800		1,181,719
Advanced Micro-Fabrication Equipment Inc., Class A		388,217		7,919,385
AECC Aviation Power Co. Ltd., Class A		1,370,877		6,544,607
Agile Group Holdings Ltd.^(a)(c)		14,094,500		1,363,621
Agricultural Bank of China Ltd., Class A		41,029,235		23,833,440
Agricultural Bank of China Ltd., Class H		253,997,000		104,201,122
Aier Eye Hospital Group Co. Ltd., Class A		4,828,146		9,789,132
AIM Vaccine Co. Ltd., NVS^(c)		802,600		721,669
AIMA Technology Group Co. Ltd.		565,300		2,583,428
Air China Ltd., Class A^(a)		4,698,400		4,865,974
Air China Ltd., Class H^(a)		17,592,000		9,420,268
AK Medical Holdings Ltd.^(b)(c)		5,800,000		3,763,203
Akeso Inc.^(a)(b)(c)		4,666,000		27,979,312
Alibaba Group Holding Ltd.		146,619,904		1,347,976,094
Alibaba Health Information Technology Ltd.^(a)(c)		49,096,000		21,452,648
Alibaba Pictures Group Ltd.^(a)		121,850,000		6,989,501
A-Living Smart City Services Co. Ltd., Class A^(b)		6,912,500		3,539,512
Alphamab Oncology^(a)(b)(c)		5,219,000		3,337,750
Aluminum Corp. of China Ltd., Class A		6,064,900		5,071,929
Aluminum Corp. of China Ltd., Class H		37,188,000		18,530,510
Amlogic Shanghai Co. Ltd.		287,186		2,227,079
ANE Cayman Inc.^(a)		3,544,500		1,859,609
Angelalign Technology Inc.^(b)(c)		359,800		3,017,967
Anhui Conch Cement Co. Ltd., Class A		1,680,029		5,576,737
Anhui Conch Cement Co. Ltd., Class H		11,056,500		24,058,765
Anhui Gujing Distillery Co. Ltd., Class A		250,255		7,585,083
Anhui Gujing Distillery Co. Ltd., Class B		981,600		13,878,246
Anhui Jianghuai Automobile Group Corp. Ltd.^(a)		1,142,500		2,446,379
Anhui Kouzi Distillery Co. Ltd., Class A		406,548		2,400,020
Anhui Yingjia Distillery Co. Ltd., Class A		493,700		4,365,507
Anjoy Foods Group Co. Ltd., Class A		233,000		2,816,895
Anker Innovations Technology Co. Ltd.		246,776		2,803,311
ANTA Sports Products Ltd.		11,460,000		111,724,098
Ascentage Pharma Group International^(a)(b)(c)		2,455,400		8,119,714
Asia - Potash International Investment Guangzhou Co. Ltd.^(a)		966,500		3,022,558
Asia Cement China Holdings Corp.		5,899,500		1,591,712
Asymchem Laboratories Tianjin Co. Ltd., Class A		218,540		3,067,174
Autobio Diagnostics Co. Ltd., Class A		400,600		3,687,970
Autohome Inc., ADR		639,411		16,618,292
Avary Holding Shenzhen Co. Ltd., Class A		985,900		2,880,443


Security	Shares		Value

China (continued)
AVIC Industry-Finance Holdings Co. Ltd., Class A		6,014,291	$	2,766,543
AviChina Industry & Technology Co. Ltd., Class H		23,967,000		9,833,890
BAIC BluePark New Energy Technology Co. Ltd.		2,631,700		2,166,138
Baidu Inc.^(a)		20,268,862		256,469,953
Bairong Inc. ^(a)(b)		2,037,500		3,432,693
Bank of Beijing Co. Ltd., Class A		10,531,106		7,569,930
Bank of Chengdu Co. Ltd., Class A		2,548,508		4,672,413
Bank of China Ltd., Class A		17,145,100		10,623,926
Bank of China Ltd., Class H		714,947,000		280,474,635
Bank of Communications Co. Ltd., Class A		19,723,880		17,139,848
Bank of Communications Co. Ltd., Class H		78,691,000		51,554,068
Bank of Hangzhou Co. Ltd., Class A		3,730,897		5,732,614
Bank of Jiangsu Co. Ltd., Class A		7,542,908		8,019,726
Bank of Nanjing Co. Ltd., Class A		6,359,381		7,715,551
Bank of Ningbo Co. Ltd., Class A		3,560,493		10,974,587
Bank of Shanghai Co. Ltd., Class A		10,949,165		9,919,867
Baoshan Iron & Steel Co. Ltd., Class A		11,172,330		10,323,679
BeiGene Ltd.^(a)		6,238,164		80,314,774
Beijing Capital International Airport Co. Ltd., Class H^(a)		17,810,000		5,743,321
Beijing Dabeinong Technology Group Co. Ltd., Class A		3,872,200		2,826,345
Beijing Enlight Media Co. Ltd., Class A		2,135,394		2,681,346
Beijing Enterprises Holdings Ltd.		4,070,500		15,312,480
Beijing Enterprises Water Group Ltd.		38,832,000		9,109,255
Beijing Kingsoft Office Software Inc., Class A		254,651		9,579,490
Beijing New Building Materials PLC, Class A		1,220,819		4,753,173
Beijing Oriental Yuhong Waterproof Technology Co. Ltd., Class A		443,500		1,060,339
Beijing Roborock Technology Co. Ltd., Class A		135,200		6,114,762
Beijing Tiantan Biological Products Corp. Ltd., Class A		497,600		1,954,107
Beijing Tong Ren Tang Chinese Medicine Co. Ltd.^(c)		3,713,000		4,419,366
Beijing Tongrentang Co. Ltd., Class A		893,600		5,519,254
Beijing Wantai Biological Pharmacy Enterprise Co. Ltd., Class A		515,858		5,292,336
Beijing-Shanghai High Speed Railway Co. Ltd., Class A		25,722,001		18,022,830
Bethel Automotive Safety Systems Co. Ltd.		369,300		3,223,619
Bilibili Inc.^(a)(c)		1,783,177		17,291,905
Bloomage Biotechnology Corp. Ltd.		273,586		2,424,476
BOC Aviation Ltd.^(b)		1,851,000		13,625,498
BOC International China Co. Ltd., Class A		713,300		1,078,928
BOE Technology Group Co. Ltd., Class A		15,521,900		8,586,774
BOE Varitronix Ltd.^(c)		3,835,000		2,672,677
Bosideng International Holdings Ltd.		33,878,000		17,039,857
Brilliance China Automotive Holdings Ltd.		27,426,000		15,964,454
BYD Co. Ltd., Class A		912,486		24,101,156
BYD Co. Ltd., Class H^(c)		9,467,500		233,185,154
BYD Electronic International Co. Ltd.		7,174,500		27,089,955
By-health Co. Ltd., Class A		1,474,600		3,454,481
C&D International Investment Group Ltd.		6,534,000		10,623,834
Caitong Securities Co. Ltd., Class A		5,200,150		5,754,177
Cambricon Technologies Corp. Ltd.^(a)		251,358		5,882,914
Canaan Inc., ADR^(a)(c)		1,780,093		2,794,746
Canggang Railway Ltd., NVS^(c)		10,944,000		2,047,307
Canmax Technologies Co. Ltd., Class A		894,280		2,830,864
CanSino Biologics Inc., Class H^(a)(b)(c)		524,000		1,215,914


Security	Shares		Value

China (continued)
Canvest Environmental Protection Group Co. Ltd.^(c)		11,014,000	$	5,781,664
Cathay Biotech Inc.		169,400		1,133,387
CGN Mining Co. Ltd.^(a)(c)		24,990,000		6,080,979
CGN New Energy Holdings Co. Ltd.^(c)		16,052,000		3,972,047
CGN Power Co. Ltd., Class H^(b)		95,126,000		28,888,088
Changchun High & New Technology Industry Group Inc., Class A		239,542		4,276,851
Changjiang Securities Co. Ltd., Class A		5,977,228		4,560,259
Changzhou Xingyu Automotive Lighting Systems Co. Ltd., Class A		222,669		4,339,734
Chaozhou Three-Circle Group Co. Ltd., Class A		1,516,453		5,336,098
Chengxin Lithium Group Co. Ltd., Class A		919,800		2,793,471
China Aircraft Leasing Group Holdings Ltd.^(c)		5,464,000		2,386,727
China Animal Healthcare Ltd.^(d)		1,237,000		2
China Aoyuan Group Ltd.^(a)(c)		10,526,000		225,860
China Baoan Group Co. Ltd., Class A		2,702,000		4,457,578
China BlueChemical Ltd., Class H		17,216,000		5,167,065
China Cinda Asset Management Co. Ltd., Class H		70,899,000		6,788,728
China CITIC Bank Corp. Ltd., Class H		79,878,000		42,470,182
China Coal Energy Co. Ltd., Class H		18,848,000		20,297,754
China Communications Services Corp. Ltd., Class H		22,254,000		9,453,031
China Conch Venture Holdings Ltd.		12,369,000		12,386,341
China Construction Bank Corp., Class A		4,018,822		3,899,779
China Construction Bank Corp., Class H		863,526,000		535,520,896
China CSSC Holdings Ltd., Class A		2,437,001		12,010,188
China Datang Corp. Renewable Power Co. Ltd., Class H		23,732,000		5,389,130
China East Education Holdings Ltd.^(b)		5,978,500		1,999,649
China Eastern Airlines Corp. Ltd., Class A^(a)		11,645,975		6,147,829
China Education Group Holdings Ltd.		9,842,000		5,638,711
China Energy Engineering Corp. Ltd.		40,785,244		12,323,840
China Everbright Bank Co. Ltd., Class A		22,758,082		10,159,221
China Everbright Bank Co. Ltd., Class H		25,385,000		7,936,620
China Everbright Environment Group Ltd.^(c)		32,537,148		12,086,045
China Everbright Ltd.		9,742,000		5,340,648
China Feihe Ltd.^(b)		30,879,000		15,358,929
China Fiber Optic Network System Group Ltd.^(d)		10,394,800		13
China Foods Ltd.		11,650,000		4,196,053
China Galaxy Securities Co. Ltd., Class A		2,050,700		3,456,324
China Galaxy Securities Co. Ltd., Class H		37,297,500		19,597,396
China Gas Holdings Ltd.		25,093,200		22,964,847
China Great Wall Securities Co. Ltd., Class A		795,600		872,811
China Greatwall Technology Group Co. Ltd., Class A		2,210,300		3,181,543
China High Speed Transmission Equipment Group Co. Ltd.^(a)		472,000		87,247
China Hongqiao Group Ltd.^(c)		20,881,000		16,159,419
China Huiyuan Juice Group Ltd.^(d)		10,877,000		14
China International Capital Corp. Ltd., Class A		1,517,200		7,356,484
China International Capital Corp. Ltd., Class H^(b)		13,454,000		16,865,372
China Jinmao Holdings Group Ltd.		53,576,000		4,353,646
China Jushi Co. Ltd., Class A		2,927,762		4,064,292
China Lesso Group Holdings Ltd.		11,134,000		5,295,273
China Life Insurance Co. Ltd., Class A		1,425,621		5,983,607
China Life Insurance Co. Ltd., Class H		66,949,000		82,065,391
China Lilang Ltd.^(c)		6,020,000		3,227,636


Security	Shares		Value

China (continued)
China Literature Ltd.^(a)(b)		3,649,000	$	11,186,730
China Longyuan Power Group Corp. Ltd., Class H		29,435,000		20,743,229
China Medical System Holdings Ltd.		12,705,000		20,885,441
China Meidong Auto Holdings Ltd.^(c)		5,886,000		2,315,458
China Mengniu Dairy Co. Ltd.		28,566,000		71,424,756
China Merchants Bank Co. Ltd., Class A		10,929,782		48,400,734
China Merchants Bank Co. Ltd., Class H		35,293,464		136,480,477
China Merchants Energy Shipping Co. Ltd., Class A		5,375,200		5,370,426
China Merchants Port Holdings Co. Ltd.		12,724,270		15,794,020
China Merchants Securities Co. Ltd., Class A		3,521,981		6,890,901
China Merchants Shekou Industrial Zone Holdings Co. Ltd., Class A		4,090,466		5,337,144
China Metal Recycling Holdings Ltd.^(d)		62,400		—
China Minsheng Banking Corp. Ltd., Class A		20,239,517		11,339,393
China Minsheng Banking Corp. Ltd., Class H		55,703,220		19,604,367
China Modern Dairy Holdings Ltd.		34,021,000		2,822,711
China National Building Material Co. Ltd., Class H		34,238,850		12,877,477
China National Chemical Engineering Co. Ltd., Class A		4,295,122		4,156,844
China National Nuclear Power Co. Ltd., Class A		9,052,709		10,897,897
China National Software & Service Co. Ltd., Class A		515,780		2,303,764
China New Higher Education Group Ltd.^(b)		10,035,000		3,159,172
China Nonferrous Mining Corp Ltd.		19,023,000		13,214,640
China Northern Rare Earth Group High-Tech Co. Ltd., Class A		2,479,700		6,485,559
China Oilfield Services Ltd., Class H		15,722,000		13,835,236
China Oriental Group Co. Ltd.^(c)		15,524,000		2,335,722
China Overseas Grand Oceans Group Ltd.		17,473,500		4,472,281
China Overseas Land & Investment Ltd.		34,146,500		50,428,159
China Overseas Property Holdings Ltd.		12,900,000		10,845,441
China Pacific Insurance Group Co. Ltd., Class A		3,468,142		12,280,834
China Pacific Insurance Group Co. Ltd., Class H		24,104,200		45,722,107
China Petroleum & Chemical Corp., Class A		16,352,100		14,150,198
China Petroleum & Chemical Corp., Class H		219,930,200		121,171,245
China Power International Development Ltd.		45,341,000		18,314,695
China Railway Group Ltd., Class A		11,678,866		10,273,602
China Railway Group Ltd., Class H		36,640,000		17,846,916
China Rare Earth Resources & Technology Co. Ltd., Class A		799,300		3,092,190
China Renaissance Holdings Ltd.^(a)(b)(c)(d)		2,502,500		1,425,586
China Renewable Energy Investment Ltd.^(d)		8,046		—
China Resources Beer Holdings Co. Ltd.		14,682,000		63,264,077
China Resources Building Materials Technology Holdings Ltd.^(c)		22,082,000		3,830,363
China Resources Gas Group Ltd.		8,507,500		25,673,255
China Resources Land Ltd.		29,097,777		88,874,924
China Resources Medical Holdings Co. Ltd.		11,018,500		6,004,489
China Resources Microelectronics Ltd.		879,012		5,217,382
China Resources Mixc Lifestyle Services Ltd.^(b)		6,267,800		18,890,011
China Resources Pharmaceutical Group Ltd.^(b)		14,593,500		9,870,129
China Resources Power Holdings Co. Ltd.		17,514,000		37,701,574
China Resources Sanjiu Medical & Pharmaceutical Co. Ltd., Class A		619,827		4,728,864
China Risun Group Ltd.^(c)		12,024,000		4,703,159
China Ruyi Holdings Ltd.^(a)(c)		52,979,200		10,399,311


Security	Shares		Value

China (continued)
China Shenhua Energy Co. Ltd., Class A		3,319,129	$	17,732,832
China Shenhua Energy Co. Ltd., Class H		30,629,000		117,850,905
China Shineway Pharmaceutical Group Ltd.		4,636,000		5,218,492
China South City Holdings Ltd.^(c)		50,390,000		1,070,447
China Southern Airlines Co. Ltd., Class A^(a)		6,636,584		5,441,733
China State Construction Engineering Corp. Ltd., Class A		21,231,919		15,734,837
China State Construction International Holdings Ltd.		19,186,000		21,379,195
China Taiping Insurance Holdings Co. Ltd.		12,953,508		11,254,280
China Three Gorges Renewables Group Co. Ltd., Class A		13,605,570		8,716,808
China Tobacco International HK Co. Ltd.		4,359,000		5,451,275
China Tourism Group Duty Free Corp. Ltd.^(b)(c)		721,900		7,069,064
China Tourism Group Duty Free Corp. Ltd., Class A		1,171,979		14,112,901
China Tower Corp. Ltd., Class H^(b)		382,626,000		46,377,330
China Traditional Chinese Medicine Holdings Co. Ltd.		25,784,000		14,226,564
China Travel International Investment Hong Kong Ltd.^(c)		34,862,000		5,964,223
China United Network Communications Ltd., Class A		17,467,525		11,622,853
China Vanke Co. Ltd., Class A		4,999,768		6,946,398
China Vanke Co. Ltd., Class H		18,708,287		14,423,763
China Water Affairs Group Ltd.		9,078,000		6,226,306
China XLX Fertiliser Ltd.		5,154,000		2,081,640
China Yangtze Power Co. Ltd., Class A		12,868,525		44,731,981
China Zhenhua Group Science & Technology Co. Ltd., Class A		336,600		2,676,718
China Zheshang Bank Co. Ltd., Class A		18,500,796		7,130,845
China Zhongwang Holdings Ltd., NVS		4,116,641		215,919
Chinasoft International Ltd.^(c)		24,512,000		15,943,313
Chongqing Brewery Co. Ltd., Class A		319,900		2,898,374
Chongqing Changan Automobile Co. Ltd., Class A		4,681,664		9,657,343
Chongqing Hongjiu Fruit Co. Ltd.^(a)(c)		3,250,200		1,429,487
Chongqing Taiji Industry Group Co. Ltd.^(a)		241,500		1,271,441
Chongqing Zhifei Biological Products Co. Ltd., Class A		1,248,663		9,258,806
Chow Tai Fook Jewellery Group Ltd.		19,579,200		29,174,393
CIMC Enric Holdings Ltd.		8,180,000		6,577,780
CITIC Ltd.		52,573,000		52,886,947
CITIC Securities Co. Ltd., Class A		5,869,849		17,319,360
CITIC Securities Co. Ltd., Class H		17,229,400		31,847,732
ClouDr Group Ltd., NVS		1,234,500		841,973
CMGE Technology Group Ltd.^(a)		22,120,000		2,737,910
CMOC Group Ltd., Class A		9,597,233		8,169,020
CMOC Group Ltd., Class H		34,398,000		21,220,365
CNGR Advanced Material Co. Ltd.		430,500		2,831,293
CNPC Capital Co. Ltd., NVS		3,964,000		3,403,411
COFCO Joycome Foods Ltd.^(a)(c)		28,892,000		5,643,795
Concord New Energy Group Ltd.		83,070,000		6,885,935
Contemporary Amperex Technology Co. Ltd., Class A		2,357,151		53,312,736
COSCO Shipping Energy Transportation Co. Ltd., Class A		3,058,900		5,834,075
COSCO Shipping Energy Transportation Co. Ltd., Class H		8,500,000		8,042,040
COSCO Shipping Holdings Co. Ltd., Class A		5,340,546		7,781,379
COSCO Shipping Holdings Co. Ltd., Class H		29,771,100		32,049,795


Security	Shares		Value

China (continued)
COSCO Shipping International Hong Kong Co. Ltd.		12,230,000	$	5,437,087
COSCO Shipping Ports Ltd.		15,740,000		9,391,992
Country Garden Holdings Co. Ltd.^(a)(c)		107,784,733		8,758,888
Country Garden Services Holdings Co. Ltd.^(c)		19,737,000		15,023,534
CRRC Corp. Ltd., Class A		11,309,000		10,007,625
CRRC Corp. Ltd., Class H		41,678,000		21,458,008
CSC Financial Co. Ltd., Class A		2,023,794		6,526,943
CSG Holding Co. Ltd.		3,734,481		1,149,511
CSPC Innovation Pharmaceutical Co. Ltd.		637,700		3,005,080
CSPC Pharmaceutical Group Ltd.		80,373,760		62,599,082
CSSC Science & Technology Co. Ltd.		840,100		2,044,079
Dada Nexus Ltd., ADR^(a)(c)		763,798		1,603,976
Daqin Railway Co. Ltd., Class A		7,311,019		7,568,301
Daqo New Energy Corp., ADR^(a)(c)		527,750		11,230,520
DaShenLin Pharmaceutical Group Co. Ltd., Class A		1,034,333		3,410,042
Digital China Holdings Ltd.		10,251,000		3,488,937
Dong-E-E-Jiao Co. Ltd., Class A		356,000		2,869,677
Dongfang Electric Corp. Ltd., Class A		1,767,524		4,008,170
Dongfeng Motor Group Co. Ltd., Class H		23,354,000		9,989,854
Dongxing Securities Co. Ltd., Class A		4,033,067		4,744,972
Dongyue Group Ltd.		13,488,000		12,073,084
East Buy Holding Ltd.^(a)(b)(c)		4,028,500		12,417,768
East Money Information Co. Ltd., Class A		8,479,688		16,471,607
Eastroc Beverage Group Co. Ltd.		259,100		6,428,176
Ecovacs Robotics Co. Ltd., Class A		420,300		2,172,827
Empyrean Technology Co. Ltd., NVS		106,700		1,346,318
ENN Energy Holdings Ltd.		7,153,100		58,082,003
ENN Natural Gas Co. Ltd., Class A		1,966,228		5,106,047
Eoptolink Technology Inc. Ltd.		409,200		3,416,623
Eve Energy Co. Ltd., Class A		1,151,977		6,112,576
Everbright Securities Co. Ltd., Class A		2,416,686		5,662,329
Everdisplay Optronics Shanghai Co. Ltd.^(a)		4,958,400		1,644,452
Everest Medicines Ltd.^(a)(b)(c)		2,122,000		6,526,217
Fangda Carbon New Material Co. Ltd., Class A^(a)		4,670,984		3,189,072
Far East Horizon Ltd.^(c)		11,518,000		9,253,237
Fenbi Ltd., NVS^(c)		4,719,500		2,965,699
FinVolution Group, ADR		1,315,787		6,881,566
First Capital Securities Co. Ltd., Class A		6,359,900		5,049,400
Flat Glass Group Co. Ltd., Class A		1,116,100		3,377,232
Flat Glass Group Co. Ltd., Class H^(c)		3,677,000		6,797,928
Focus Media Information Technology Co. Ltd., Class A		8,326,699		7,259,722
Foshan Haitian Flavouring & Food Co. Ltd., Class A		2,519,774		14,161,625
Fosun International Ltd.		22,708,000		13,101,076
Founder Securities Co. Ltd., Class A		3,810,100		4,028,190
Foxconn Industrial Internet Co. Ltd., Class A		7,028,925		18,227,125
Fu Shou Yuan International Group Ltd.		11,430,000		7,465,508
Fufeng Group Ltd.^(c)		16,348,400		10,022,877
Fuyao Glass Industry Group Co. Ltd., Class A		1,028,100		6,173,473
Fuyao Glass Industry Group Co. Ltd., Class H^(b)		5,533,600		27,736,753
GalaxyCore Inc., NVS		1,074,600		2,943,076
Ganfeng Lithium Group Co. Ltd., Class A		854,157		4,736,600
Ganfeng Lithium Group Co. Ltd., Class H^(b)(c)		3,570,600		11,828,746
GCL Technology Holdings Ltd.		183,682,000		25,549,968
GD Power Development Co. Ltd., Class A		13,011,800		8,450,159
GDS Holdings Ltd.^(a)(c)		8,119,876		6,880,562
Geely Automobile Holdings Ltd.		54,678,000		59,504,525


Security	Shares		Value

China (continued)
Gemdale Properties & Investment Corp. Ltd.^(c)		71,244,000	$	2,404,124
Genertec Universal Medical Group Co. Ltd.^(b)		12,919,500		7,084,133
Genscript Biotech Corp.^(a)(c)		10,808,000		21,849,843
GF Securities Co. Ltd., Class A		1,720,830		3,380,743
GF Securities Co. Ltd., Class H		11,137,400		11,958,708
Giant Biogene Holding Co. Ltd.^(a)(b)		1,568,800		7,173,260
Giant Network Group Co. Ltd., Class A		853,800		1,338,068
GigaDevice Semiconductor Inc., Class A		385,735		3,919,381
Ginlong Technologies Co. Ltd., Class A		240,550		2,171,297
GoerTek Inc., Class A		1,953,962		4,514,948
Goldwind Science & Technology Co Ltd., Class A		2,862,037		3,031,988
Gongniu Group Co. Ltd.		335,900		4,748,338
GoodWe Technologies Co. Ltd., NVS		99,188		1,490,828
Gotion High-tech Co. Ltd., Class A^(a)		1,358,200		3,728,151
Grand Pharmaceutical Group Ltd., Class A		16,143,500		7,369,710
Great Wall Motor Co. Ltd.		1,074,400		3,483,448
Great Wall Motor Co. Ltd., Class H^(c)		21,801,000		24,605,807
Gree Electric Appliances Inc. of Zhuhai, Class A		1,682,700		9,106,260
Greentown China Holdings Ltd.^(c)		8,845,500		7,072,805
Greentown Management Holdings Co. Ltd.^(b)		8,836,000		5,562,077
Greentown Service Group Co. Ltd.		13,368,000		4,803,025
GRG Banking Equipment Co. Ltd., Class A		766,500		1,225,605
Guangdong Haid Group Co. Ltd., Class A		1,065,920		6,368,255
Guangdong Investment Ltd.		26,860,000		15,939,200
Guanghui Energy Co. Ltd., Class A		4,446,180		4,619,980
Guangzhou Automobile Group Co. Ltd., Class A		2,200,699		2,716,239
Guangzhou Automobile Group Co. Ltd., Class H		25,569,200		11,063,745
Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd., Class A		1,087,388		4,465,447
Guangzhou Haige Communications Group Inc. Co., Class A		597,500		957,615
Guangzhou Kingmed Diagnostics Group Co. Ltd., Class A		345,100		2,877,522
Guangzhou R&F Properties Co. Ltd., Class H^(a)(c)		15,128,400		1,961,098
Guangzhou Shiyuan Electronic Technology Co. Ltd., Class A		420,583		2,286,049
Guangzhou Tinci Materials Technology Co. Ltd., Class A		1,230,396		3,522,382
Guangzhou Yuexiu Financial Holdings Group Co. Ltd., Class A		1,017,800		868,744
Guolian Securities Co. Ltd., Class A^(a)		2,660,700		4,043,123
Guosen Securities Co. Ltd., Class A		5,877,867		7,023,347
Guotai Junan Securities Co. Ltd., Class A		2,800,591		5,858,759
Guoyuan Securities Co. Ltd., Class A		3,627,471		3,507,187
Gushengtang Holdings Ltd.		1,564,000		8,585,613
H World Group Ltd., ADR		1,872,336		68,452,604
Haichang Ocean Park Holdings Ltd.^(a)(b)(c)		32,005,000		3,069,492
Haidilao International Holding Ltd.^(b)		15,254,000		27,740,481
Haier Smart Home Co. Ltd., Class A		3,262,537		10,867,221
Haier Smart Home Co. Ltd., Class H		22,229,400		67,324,867
Hainan Airlines Holding Co. Ltd., Class A^(a)		27,455,441		5,449,865
Hainan Airport Infrastructure Co. Ltd., NVS^(a)		7,024,003		3,651,156
Hainan Meilan International Airport Co. Ltd., Class H^(a)		2,024,000		1,906,439
Haitian International Holdings Ltd.		5,956,000		15,080,994
Haitong Securities Co. Ltd., Class A		4,123,131		5,223,083
Haitong Securities Co. Ltd., Class H		22,780,000		11,307,812


Security	Shares		Value

China (continued)
Hang Zhou Great Star Industrial Co. Ltd., Class A		431,400	$	1,299,389
Hangzhou Binjiang Real Estate Group Co. Ltd.		2,251,594		2,356,192
Hangzhou Chang Chuan Technology Co. Ltd.		452,126		1,814,148
Hangzhou First Applied Material Co. Ltd., Class A		1,122,808		4,328,605
Hangzhou Oxygen Plant Group Co. Ltd., Class A		780,900		3,031,943
Hangzhou Robam Appliances Co. Ltd., Class A		810,309		2,804,420
Hangzhou Silan Microelectronics Co. Ltd., Class A		903,900		2,617,946
Hangzhou Steam Turbine Power Group Co. Ltd., Class B		6,736,634		6,036,925
Hangzhou Tigermed Consulting Co. Ltd., Class A		255,574		1,595,527
Hansoh Pharmaceutical Group Co. Ltd.^(b)		10,204,000		17,985,210
Harbin Electric Co. Ltd., Class H		8,374,000		2,551,464
Helens International Holdings Co. Ltd. ^(c)		4,646,000		1,973,377
Hello Group Inc., ADR		1,352,936		8,915,848
Henan Shenhuo Coal & Power Co. Ltd.		1,906,300		4,865,579
Henan Shuanghui Investment & Development Co. Ltd., Class A		2,600,932		10,528,927
Hengan International Group Co. Ltd.		5,660,000		17,445,259
Hengdian Group DMEGC Magnetics Co. Ltd.		1,385,255		2,758,438
Hengli Petrochemical Co. Ltd., Class A^(a)		3,872,630		6,841,266
Hengtong Optic-Electric Co. Ltd., Class A		1,327,400		2,251,602
Hengyi Petrochemical Co. Ltd., Class A^(a)		3,310,561		3,173,069
Hisense Visual Technology Co. Ltd.		907,705		3,255,094
Hithink RoyalFlush Information Network Co. Ltd., Class A		310,602		5,893,620
HLA Group Corp. Ltd., Class A		1,013,600		1,211,796
Hongfa Technology Co. Ltd., Class A		572,568		1,974,362
Hopson Development Holdings Ltd.^(a)(c)		10,799,671		5,161,015
Hoshine Silicon Industry Co. Ltd., Class A		469,523		3,448,583
Hua Han Health Industry Holdings Ltd.^(d)		19,424,288		25
Hua Hong Semiconductor Ltd.^(a)(b)(c)		5,197,000		11,138,372
Huabao International Holdings Ltd.^(c)		9,052,000		2,695,281
Huadian Power International Corp. Ltd., Class A		5,504,800		4,728,396
Huadong Medicine Co. Ltd., Class A		1,021,051		4,754,528
Huafon Chemical Co. Ltd., Class A		6,389,655		6,044,327
Huagong Tech Co. Ltd., Class A		526,900		2,321,033
Huaibei Mining Holdings Co. Ltd.		1,551,300		4,067,683
Hualan Biological Engineering Inc., Class A		1,439,420		3,933,510
Huaneng Power International Inc., Class A^(a)		5,447,426		6,665,003
Huaneng Power International Inc., Class H^(a)		37,538,000		21,053,623
Huatai Securities Co. Ltd., Class A		3,264,251		6,573,395
Huatai Securities Co. Ltd., Class H^(b)		13,501,200		15,935,732
Huaxia Bank Co. Ltd., Class A		9,837,330		8,649,723
Huayu Automotive Systems Co. Ltd., Class A		2,365,860		5,724,214
Hubei Jumpcan Pharmaceutical Co. Ltd., Class A		230,800		1,185,431
Huizhou Desay Sv Automotive Co. Ltd., Class A		343,400		4,871,083
Humanwell Healthcare Group Co. Ltd., Class A		1,195,600		3,646,799
Hunan Valin Steel Co. Ltd., Class A		6,633,000		5,225,447
Hundsun Technologies Inc., Class A		1,092,749		3,695,221
HUTCHMED China Ltd.^(a)		4,791,080		14,804,316
HUYA Inc., ADR^(a)(c)		867,012		3,034,542
Hwatsing Technology Co. Ltd., NVS		156,800		4,390,699
Hygeia Healthcare Holdings Co. Ltd.^(b)(c)		3,322,600		12,472,507
Hygon Information Technology Co. Ltd., NVS		1,014,853		11,979,167


Security	Shares		Value

China (continued)
iDreamSky Technology Holdings Ltd.^(a)(b)(c)		8,220,000	$	2,127,623
IEIT Systems Co. Ltd., Class A		871,372		4,521,065
Iflytek Co. Ltd., Class A		1,261,996		8,659,520
Imeik Technology Development Co. Ltd., Class A		134,780		6,119,412
Industrial & Commercial Bank of China Ltd., Class A		31,670,880		23,404,562
Industrial & Commercial Bank of China Ltd., Class H		585,268,000		300,015,800
Industrial Bank Co. Ltd., Class A		10,290,490		23,738,914
Industrial Securities Co. Ltd., Class A		6,275,451		5,054,540
INESA Intelligent Tech Inc., Class B		2,977,852		1,705,252
Ingenic Semiconductor Co. Ltd., Class A		301,303		2,728,182
Inner Mongolia BaoTou Steel Union Co. Ltd., Class A^(a)		40,078,700		8,563,129
Inner Mongolia Junzheng Energy & Chemical Industry Group Co. Ltd., Class A		12,688,400		6,841,575
Inner Mongolia Yili Industrial Group Co. Ltd., Class A		3,461,862		13,591,370
Inner Mongolia Yitai Coal Co. Ltd., Class B		9,681,095		19,445,883
InnoCare Pharma Ltd.^(a)(b)(c)		3,329,000		2,190,914
Innovent Biologics Inc.^(a)(b)		10,817,000		58,332,836
iQIYI Inc., ADR^(a)(c)		4,024,816		14,851,571
iRay Technology Co. Ltd.		56,200		1,930,705
Isoftstone Information Technology Group Co. Ltd., NVS^(a)		503,400		3,182,535
JA Solar Technology Co. Ltd., Class A		1,782,080		4,629,029
Jason Furniture Hangzhou Co. Ltd., Class A		754,657		3,918,417
JCET Group Co. Ltd., Class A		1,148,600		4,169,023
JD Health International Inc.^(a)(b)(c)		10,115,500		38,151,352
JD Logistics Inc.^(a)(b)		17,785,700		17,561,613
JD.com Inc.		21,150,054		238,696,981
Jiangsu Eastern Shenghong Co. Ltd., Class A		3,967,900		5,775,733
Jiangsu Expressway Co. Ltd., Class H		10,732,000		11,023,770
Jiangsu Hengli Hydraulic Co. Ltd., Class A		888,596		6,996,146
Jiangsu Hengrui Pharmaceuticals Co. Ltd., Class A		3,283,055		19,375,246
Jiangsu King’s Luck Brewery JSC Ltd., Class A		865,256		6,425,089
Jiangsu Pacific Quartz Co. Ltd., NVS		246,282		2,725,755
Jiangsu Phoenix Publishing & Media Corp. Ltd.		1,031,600		1,488,586
Jiangsu Yanghe Brewery Joint-Stock Co. Ltd., Class A		740,151		10,327,965
Jiangsu Yangnong Chemical Co. Ltd., Class A		373,260		2,829,705
Jiangsu Yoke Technology Co. Ltd., Class A		208,700		1,457,956
Jiangsu Yuyue Medical Equipment & Supply Co. Ltd., Class A		793,600		3,936,493
Jiangsu Zhongtian Technology Co. Ltd., Class A		1,788,000		3,242,356
Jiangxi Copper Co. Ltd., Class H		12,438,000		18,459,403
Jiangxi Special Electric Motor Co. Ltd., NVS^(a)		1,115,800		1,616,224
Jinchuan Group International Resources Co. Ltd.		36,943,000		3,103,585
Jinduicheng Molybdenum Co. Ltd., Class A		1,151,300		1,609,509
Jinke Smart Services Group Co. Ltd.^(a)		1,416,000		1,672,648
Jinko Solar Co. Ltd.		3,561,499		4,367,334
JinkoSolar Holding Co. Ltd., ADR		377,058		10,195,648
Jinxin Fertility Group Ltd.^(a)(b)(c)		15,310,000		4,744,364
JiuGui Liquor Co. Ltd., Class A		279,400		2,356,321
Jiumaojiu International Holdings Ltd.^(b)		7,900,000		5,483,297
Jizhong Energy Resources Co. Ltd.		3,732,800		4,209,980
JNBY Design Ltd.		2,882,000		5,507,617


Security	Shares		Value

China (continued)
Jonjee Hi-Tech Industrial & Commercial Holding Co. Ltd., Class A^(a)		852,742	$	2,988,694
JOYY Inc., ADR		353,797		11,144,606
Kangji Medical Holdings Ltd.		4,889,000		3,979,850
Kanzhun Ltd., ADR		2,019,929		31,611,889
KE Holdings Inc., ADR		5,920,439		80,458,766
Keda Industrial Group Co. Ltd.		1,801,800		2,999,650
Keymed Biosciences Inc.^(a)(b)(c)		1,688,500		7,313,231
Kingboard Holdings Ltd.		6,200,700		12,162,475
Kingboard Laminates Holdings Ltd.^(c)		9,051,000		5,605,360
Kingdee International Software Group Co. Ltd.^(a)		25,081,000		26,969,275
Kingnet Network Co. Ltd.		1,169,900		2,029,273
Kingsoft Cloud Holdings Ltd., ADR^(a)(c)		1,063,584		3,052,486
Kingsoft Corp. Ltd.		8,741,200		24,288,629
Kuaishou Technology^(a)(b)		21,108,000		119,194,985
Kuang-Chi Technologies Co. Ltd., Class A^(a)		1,558,050		3,206,239
Kunlun Energy Co. Ltd.		36,060,000		30,741,630
Kunlun Tech Co. Ltd., Class A^(a)		755,200		4,235,862
Kweichow Moutai Co. Ltd., Class A		669,520		157,062,025
LB Group Co. Ltd., Class A		2,083,807		5,422,057
Lee & Man Paper Manufacturing Ltd.^(c)		14,794,000		4,218,228
Legend Biotech Corp., ADR^(a)(c)		655,757		42,729,126
Lenovo Group Ltd.		69,724,000		77,026,145
Lens Technology Co. Ltd., Class A		3,376,715		5,665,754
Lepu Medical Technology Beijing Co. Ltd., Class A		1,313,582		2,750,604
LexinFintech Holdings Ltd., ADR		308,468		567,581
Li Auto Inc.^(a)		10,406,404		237,494,535
Li Ning Co. Ltd.		21,440,500		53,046,149
Lifetech Scientific Corp. ^(a)(c)		35,722,000		9,058,866
Lingyi iTech Guangdong Co., Class A		6,240,733		4,750,438
LK Technology Holdings Ltd.		5,657,500		2,474,401
Longfor Group Holdings Ltd.^(b)(c)		17,365,000		21,749,736
LONGi Green Energy Technology Co. Ltd., Class A		3,674,449		10,816,947
Lonking Holdings Ltd.		23,752,000		3,990,873
Lufax Holding Ltd., Class A, ADR^(c)		1,479,512		4,616,077
Luxshare Precision Industry Co. Ltd., Class A		3,786,289		14,488,579
Luye Pharma Group Ltd. ^(a)(b)(c)		19,949,000		7,368,199
Luzhou Laojiao Co. Ltd., Class A		784,308		19,018,193
Mango Excellent Media Co. Ltd., Class A		1,161,632		3,988,676
Maoyan Entertainment^(a)(b)		5,422,000		5,978,609
Maxscend Microelectronics Co. Ltd., Class A		316,812		4,723,998
Medlive Technology Co. Ltd.^(b)(c)		793,500		754,967
Meinian Onehealth Healthcare Holdings Co. Ltd., Class A^(a)		4,093,552		3,158,664
Meitu Inc.^(b)(c)		22,379,000		7,364,850
Meituan, Class B^(a)(b)		45,768,460		464,649,017
Metallurgical Corp. of China Ltd., Class A		12,805,800		5,909,870
MH Development Ltd.^(d)		3,308,000		15,405
Microport Scientific Corp.^(a)(c)		6,759,300		6,614,899
Midea Group Co. Ltd., Class A		1,546,700		13,442,193
Midea Real Estate Holding Ltd.^(b)(c)		3,594,400		2,002,446
Ming Yang Smart Energy Group Ltd., Class A		1,232,400		1,744,201
Ming Yuan Cloud Group Holdings Ltd.^(a)(c)		7,973,000		2,272,606
MINISO Group Holding Ltd.		3,608,304		16,584,103
Minth Group Ltd.^(c)		6,938,000		11,794,075
MMG Ltd.^(a)		27,947,999		7,481,747
Mobvista Inc.^(a)(b)		7,213,000		3,020,842
Montage Technology Co. Ltd., Class A		662,400		4,803,048
Muyuan Foods Co. Ltd., Class A		2,805,983		14,949,318


Security	Shares		Value

China (continued)
NARI Technology Co. Ltd., Class A		3,740,936	$	12,021,728
National Silicon Industry Group Co. Ltd., Class A^(a)		1,931,200		4,128,754
NAURA Technology Group Co. Ltd., Class A		288,975		11,388,429
NetDragon Websoft Holdings Ltd.		3,031,000		4,354,666
NetEase Inc.		17,466,235		379,411,537
New China Life Insurance Co. Ltd., Class A		963,201		4,373,712
New China Life Insurance Co. Ltd., Class H		7,849,400		15,078,960
New Hope Liuhe Co. Ltd., Class A^(a)		3,841,744		4,713,442
New Horizon Health Ltd.^(a)(b)(c)		2,592,000		6,749,408
New Oriental Education & Technology Group Inc.^(a)		13,475,090		126,642,662
Nexteer Automotive Group Ltd.		8,604,000		3,964,348
Nine Dragons Paper Holdings Ltd.^(a)(c)		15,284,000		7,071,697
Ninestar Corp., Class A		900,034		2,926,514
Ningbo Deye Technology Co. Ltd., NVS		278,760		3,236,911
Ningbo Joyson Electronic Corp., Class A		429,000		989,423
Ningbo Orient Wires & Cables Co. Ltd.		437,300		2,349,426
Ningbo Sanxing Medical Electric Co. Ltd.		706,500		2,650,944
Ningbo Shanshan Co. Ltd.		1,880,800		2,985,113
Ningbo Tuopu Group Co. Ltd., Class A		727,000		5,904,985
Ningxia Baofeng Energy Group Co. Ltd., Class A		4,427,900		9,361,293
NIO Inc., ADR^(a)(c)		12,627,504		72,608,148
Noah Holdings Ltd., ADR		334,077		3,714,936
Nongfu Spring Co. Ltd., Class H^(b)		18,248,200		103,189,927
Offcn Education Technology Co. Ltd., Class A^(a)		1,751,600		848,624
Offshore Oil Engineering Co. Ltd., Class A		2,793,400		2,395,514
OFILM Group Co. Ltd., Class A^(a)		1,747,400		1,978,628
Oppein Home Group Inc., Class A		357,380		3,438,291
Orient Overseas International Ltd.		1,255,000		19,434,092
Orient Securities Co. Ltd., Class A		4,950,367		6,043,175
Oriental Pearl Group Co. Ltd., Class A		840,600		861,738
Pangang Group Vanadium Titanium & Resources Co. Ltd., Class A^(a)		5,812,100		2,566,871
PDD Holdings Inc., ADR^(a)		5,385,921		670,762,601
Peijia Medical Ltd.^(a)(b)		5,367,000		3,490,674
People.cn Co. Ltd.		614,600		2,262,003
People’s Insurance Co. Group of China Ltd. (The), Class H		88,375,000		29,438,023
Perfect World Co. Ltd., Class A		1,228,586		1,992,109
PetroChina Co. Ltd., Class A		10,158,937		12,435,807
PetroChina Co. Ltd., Class H		191,422,000		150,134,454
Pharmaron Beijing Co. Ltd., Class A		866,125		2,799,081
PICC Property & Casualty Co. Ltd., Class H		62,577,040		85,550,235
Ping An Bank Co. Ltd., Class A		9,195,236		13,482,001
Ping An Healthcare and Technology Co. Ltd.^(a)(b)(c)		4,697,200		7,254,055
Ping An Insurance Group Co. of China Ltd., Class A		5,557,154		32,961,088
Ping An Insurance Group Co. of China Ltd., Class H		60,417,500		268,686,712
Piotech Inc., NVS		199,200		5,907,005
Poly Developments and Holdings Group Co. Ltd., Class A		5,823,611		7,870,965
Poly Property Group Co. Ltd.		21,670,000		3,981,504
Pop Mart International Group Ltd.^(b)		4,788,800		11,938,350
Postal Savings Bank of China Co. Ltd., Class A		14,069,500		9,450,300
Postal Savings Bank of China Co. Ltd., Class H^(b)		71,556,000		37,593,637
Power Construction Corp. of China Ltd., Class A		9,424,544		6,673,605


Security	Shares		Value

China (continued)
Q Technology Group Co. Ltd.^(a)(c)		5,346,000	$	2,103,972
Qi An Xin Technology Group Inc.^(a)		168,000		815,780
Qifu Technology Inc.		1,065,204		16,457,402
Qinghai Salt Lake Industry Co. Ltd., Class A^(a)		2,911,550		6,522,208
Range Intelligent Computing Technology Group Co. Ltd.		823,200		2,964,358
Redco Properties Group Ltd.^(a)(b)(c)(d)		11,872,000		875,931
RLX Technology Inc., ADR^(c)		5,138,648		10,020,364
Rongsheng Petrochemical Co. Ltd., Class A		5,242,071		7,453,547
SAIC Motor Corp. Ltd., Class A		3,159,490		6,549,062
Sailun Group Co. Ltd., Class A		3,185,300		6,365,795
Sanan Optoelectronics Co. Ltd., Class A		2,741,600		4,728,490
Sangfor Technologies Inc., Class A^(a)		258,200		2,272,011
Sany Heavy Equipment International Holdings Co. Ltd.		11,109,000		8,590,205
Sany Heavy Industry Co. Ltd., Class A		4,061,556		7,836,158
Satellite Chemical Co. Ltd., Class A^(a)		2,782,607		6,388,055
SciClone Pharmaceuticals Holdings Ltd.^(b)		2,515,500		4,190,332
SDIC Capital Co. Ltd., Class A		5,393,800		5,165,004
SDIC Power Holdings Co. Ltd., Class A		4,000,800		8,000,046
Seazen Group Ltd.^(a)(c)		21,108,000		2,977,283
Seazen Holdings Co. Ltd., Class A^(a)		1,318,226		1,894,556
Seres Group Co. Ltd., NVS^(a)		819,300		10,448,494
SF Holding Co. Ltd., Class A		2,523,492		13,382,161
SG Micro Corp., Class A		300,750		2,950,506
Shaanxi Coal Industry Co. Ltd., Class A		5,137,490		18,369,759
Shan Xi Hua Yang Group New Energy Co. Ltd.		2,526,600		3,545,578
Shandong Chenming Paper Holdings Ltd., Class B^(a)		311,200		50,775
Shandong Gold Mining Co. Ltd., Class A		1,762,801		5,290,356
Shandong Gold Mining Co. Ltd., Class H^(b)		6,039,000		9,542,023
Shandong Hualu Hengsheng Chemical Co. Ltd., Class A		1,699,599		6,473,793
Shandong Linglong Tyre Co. Ltd., Class A		1,288,241		3,953,943
Shandong Nanshan Aluminum Co. Ltd., Class A		11,552,400		4,967,197
Shandong Weigao Group Medical Polymer Co. Ltd., Class H		22,874,800		14,871,030
Shanghai Aiko Solar Energy Co. Ltd.		1,074,020		2,250,870
Shanghai Bairun Investment Holding Group Co. Ltd., Class A		887,604		2,473,681
Shanghai Baosight Software Co. Ltd., Class A		1,058,330		6,871,702
Shanghai Baosight Software Co. Ltd., Class B		5,580,897		12,539,572
Shanghai BOCHU Electronic Technology Corp. Ltd., Class A		129,600		5,058,544
Shanghai Chlor-Alkali Chemical Co. Ltd., Class B		7,706,109		3,691,226
Shanghai Construction Group Co. Ltd., Class A		10,434,700		3,543,463
Shanghai Electric Group Co. Ltd., Class A^(a)		11,984,600		7,044,279
Shanghai Electric Power Co. Ltd., Class A		759,600		878,275
Shanghai Fosun Pharmaceutical Group Co. Ltd., Class A		633,600		2,157,748
Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H		4,622,000		8,328,290
Shanghai Fudan Microelectronics Group Co. Ltd.		176,184		905,507
Shanghai Haixin Group Co., Class B		8,108,291		2,464,920
Shanghai Industrial Holdings Ltd.		5,812,000		7,600,741
Shanghai International Airport Co. Ltd., Class A^(a)		932,503		4,541,410
Shanghai International Port Group Co. Ltd., Class A		8,482,770		6,390,411


Security	Shares		Value

China (continued)
Shanghai Jinjiang International Hotels Co. Ltd., Class A		570,878	$	2,297,962
Shanghai Junshi Biosciences Co. Ltd.^(a)		542,050		2,363,837
Shanghai M&G Stationery Inc., Class A		736,547		3,636,748
Shanghai Moons’ Electric Co. Ltd.		202,800		1,624,961
Shanghai Pharmaceuticals Holding Co. Ltd., Class A		1,233,700		3,099,157
Shanghai Pharmaceuticals Holding Co. Ltd., Class H		7,102,300		11,421,214
Shanghai Pudong Development Bank Co. Ltd., Class A		13,384,746		13,261,877
Shanghai Putailai New Energy Technology Co. Ltd., Class A		1,301,494		3,387,382
Shanghai RAAS Blood Products Co. Ltd., Class A		6,858,034		6,841,391
Shanghai Rural Commercial Bank Co. Ltd.		5,198,200		4,652,585
Shanghai United Imaging Healthcare Co. Ltd., NVS		425,624		8,411,684
Shanghai Waigaoqiao Free Trade Zone Group Co. Ltd.		1,393,038		1,014,132
Shanghai Zhangjiang High-Tech Park Development Co. Ltd., Class A		841,800		2,329,489
Shanxi Coal International Energy Group Co. Ltd.		898,900		2,292,984
Shanxi Coking Coal Energy Group Co. Ltd., Class A		3,654,000		5,900,455
Shanxi Lu’an Environmental Energy Development Co. Ltd., Class A		2,149,300		7,704,043
Shanxi Meijin Energy Co. Ltd., Class A^(a)		3,911,369		3,723,992
Shanxi Xinghuacun Fen Wine Factory Co. Ltd., Class A		673,839		21,694,030
Shede Spirits Co. Ltd.		231,400		2,596,537
Shengyi Technology Co. Ltd., Class A		1,789,908		4,253,332
Shennan Circuits Co. Ltd., Class A		311,071		3,026,188
Shenwan Hongyuan Group Co. Ltd., Class A		13,547,792		8,601,705
Shenzhen Capchem Technology Co. Ltd.		482,103		2,716,238
Shenzhen Goodix Technology Co. Ltd., Class A^(a)		171,300		1,503,531
Shenzhen Inovance Technology Co. Ltd., Class A		908,142		7,952,570
Shenzhen International Holdings Ltd.		11,150,750		9,402,805
Shenzhen Investment Ltd.		29,170,000		3,905,490
Shenzhen Kaifa Technology Co. Ltd., Class A		759,600		1,501,112
Shenzhen Kangtai Biological Products Co. Ltd., Class A		765,200		2,571,329
Shenzhen Kedali Industry Co. Ltd., Class A		101,100		1,024,094
Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Class A		628,946		25,147,953
Shenzhen New Industries Biomedical Engineering Co. Ltd., Class A		488,200		5,480,303
Shenzhen Overseas Chinese Town Co. Ltd., Class A^(a)		6,015,702		2,557,668
Shenzhen Salubris Pharmaceuticals Co. Ltd., Class A		241,000		975,070
Shenzhen SC New Energy Technology Corp., Class A		206,000		1,846,123
Shenzhen SED Industry Co. Ltd., NVS		553,900		1,519,566
Shenzhen Transsion Holding Co. Ltd., Class A		471,653		10,396,414
Shenzhou International Group Holdings Ltd.		7,426,700		60,917,413
Shijiazhuang Yiling Pharmaceutical Co. Ltd., Class A		962,518		2,863,441
Shoucheng Holdings Ltd.^(c)		29,632,800		5,714,693


Security	Shares		Value

China (continued)
Shougang Fushan Resources Group Ltd.		22,932,000	$	9,548,496
Shui On Land Ltd.		50,000,666		4,525,062
Sichuan Changhong Electric Co. Ltd.		2,494,300		1,780,094
Sichuan Chuantou Energy Co. Ltd., Class A		4,133,478		8,982,330
Sichuan Kelun Pharmaceutical Co. Ltd., Class A		1,154,920		4,389,693
Sichuan Road & Bridge Co. Ltd., Class A		5,942,760		6,724,537
Sichuan Swellfun Co. Ltd., Class A		350,100		2,434,189
Sieyuan Electric Co. Ltd.		476,300		3,778,674
Sihuan Pharmaceutical Holdings Group Ltd.^(c)		49,326,000		3,591,156
Simcere Pharmaceutical Group Ltd.^(b)		3,912,000		2,783,044
Sino Biopharmaceutical Ltd.		91,239,000		36,263,829
Sinofert Holdings Ltd.		27,726,000		2,865,033
Sinolink Securities Co. Ltd., Class A		801,800		1,010,588
Sinoma International Engineering Co.		1,742,600		2,708,367
Sinoma Science & Technology Co. Ltd., Class A		1,281,200		2,779,770
Sinomine Resource Group Co. Ltd., Class A		517,636		2,688,854
Sinopec Engineering Group Co. Ltd., Class H		17,476,500		9,582,111
Sinopec Kantons Holdings Ltd.		14,674,000		6,653,388
Sinopharm Group Co. Ltd., Class H		12,223,200		34,205,814
Sinotruk Hong Kong Ltd.		5,611,000		14,834,625
Skshu Paint Co. Ltd., Class A^(a)		387,748		2,074,286
Skyworth Group Ltd.		14,870,000		5,227,678
Smoore International Holdings Ltd.^(b)(c)		16,260,000		11,303,434
SOHO China Ltd.^(a)(c)		21,700,000		1,904,531
Songcheng Performance Development Co. Ltd., Class A		1,720,356		2,572,936
SooChow Securities Co. Ltd., Class A		3,915,900		3,960,946
Southwest Securities Co. Ltd., Class A		1,554,700		930,035
Spring Airlines Co. Ltd., Class A^(a)		673,200		5,355,033
SSY Group Ltd.		13,440,411		7,528,527
StarPower Semiconductor Ltd., Class A		102,700		2,158,570
Sun King Technology Group Ltd.^(a)		364,000		53,000
Sunac Services Holdings Ltd.^(b)(c)		9,850,000		2,504,168
Sungrow Power Supply Co. Ltd., Class A		794,200		9,588,589
Sunny Optical Technology Group Co. Ltd.		6,346,400		40,844,847
Sunresin New Materials Co. Ltd., NVS		159,800		1,112,703
Sunwoda Electronic Co. Ltd., Class A		1,432,800		2,821,660
SUPCON Technology Co. Ltd.		1,090,629		6,956,695
Superb Summit International Group Ltd.^(d)		998,771		1
Suzhou Dongshan Precision Manufacturing Co. Ltd., Class A		1,170,300		2,428,333
Suzhou Maxwell Technologies Co. Ltd., Class A		178,292		3,000,837
Suzhou TFC Optical Communication Co. Ltd.		217,100		4,104,330
SY Holdings Group Ltd.^(c)		8,895,000		4,820,499
TAL Education Group, ADR^(a)(c)		3,988,986		58,757,764
TBEA Co. Ltd., Class A		3,534,287		7,295,958
TCL Electronics Holdings Ltd.		10,341,000		3,779,570
TCL Technology Group Corp., Class A^(a)		13,435,412		8,430,048
TCL Zhonghuan Renewable Energy Technology Co. Ltd., Class A		2,082,238		3,902,324
Tencent Holdings Ltd.		59,618,400		2,088,469,315
Tencent Music Entertainment Group, ADR^(a)		6,803,569		71,233,367
Thunder Software Technology Co. Ltd., Class A		306,300		2,572,131
Tianfeng Securities Co. Ltd., Class A^(a)		2,680,300		1,160,080
Tiangong International Co. Ltd.		14,842,000		3,405,787
Tianli International Holdings Ltd.		5,180,000		3,109,522
Tianma Microelectronics Co. Ltd., Class A^(a)		3,347,505		4,249,431
Tianneng Power International Ltd.^(c)		7,274,000		6,557,751
Tianqi Lithium Corp., Class A		861,900		6,398,458


Security	Shares		Value

China (continued)
Tianshan Aluminum Group Co. Ltd., Class A		1,412,200	$	1,108,125
Tianshui Huatian Technology Co. Ltd., Class A		3,207,236		3,636,972
Tingyi Cayman Islands Holding Corp.		17,798,000		19,792,365
Tong Ren Tang Technologies Co. Ltd., Class H		7,098,000		4,654,682
Tongcheng Travel Holdings Ltd.^(a)		11,096,400		27,895,800
Tongdao Liepin Group^(a)(c)		3,298,000		1,631,620
TongFu Microelectronics Co. Ltd., Class A		647,600		1,994,351
Tongling Nonferrous Metals Group Co. Ltd., Class A		7,942,300		3,606,204
Tongwei Co. Ltd., Class A		2,177,477		7,993,163
Topchoice Medical Corp., Class A^(a)		205,999		1,873,976
Topsports International Holdings Ltd.^(b)		15,618,000		10,569,003
Towngas Smart Energy Co. Ltd.^(c)		11,463,000		4,137,163
TravelSky Technology Ltd., Class H		8,179,000		9,777,733
Trina Solar Co. Ltd.		1,193,816		4,149,605
Trip.com Group Ltd.^(a)		4,974,141		225,777,621
Tsinghua Tongfang Co. Ltd.^(a)		1,584,100		1,486,518
Tsingtao Brewery Co. Ltd., Class A		400,800		4,452,846
Tsingtao Brewery Co. Ltd., Class H		5,454,000		34,898,632
Tuya Inc.^(a)		2,410,195		4,748,084
Unigroup Guoxin Microelectronics Co. Ltd., Class A^(a)		479,033		4,746,487
Unisplendour Corp. Ltd., Class A^(a)		1,774,661		5,439,104
Untrade Cteg^(d)		33,362,000		43
Untrade SMI Holdings^(d)		12,466,353		16
Untradelumena Newmat, NVS^(d)		43,450		—
Up Fintech Holding Ltd., ADR^(a)(c)		1,032,815		4,151,916
Venus MedTech Hangzhou Inc., Class H^(a)(b)(d)		2,600,500		1,531,095
Verisilicon Microelectronics Shanghai Co. Ltd.^(a)		178,800		1,007,035
Vinda International Holdings Ltd.		2,906,000		8,606,265
Vipshop Holdings Ltd., ADR^(a)		3,128,799		60,229,381
Vnet Group Inc., ADR^(a)(c)		937,210		1,452,676
Walvax Biotechnology Co. Ltd., Class A		1,151,589		2,936,193
Wanhua Chemical Group Co. Ltd., Class A		1,592,186		17,515,237
Want Want China Holdings Ltd.		43,531,000		24,018,637
Weibo Corp., ADR		623,305		5,684,542
Weichai Power Co. Ltd., Class A		3,148,100		7,376,114
Weichai Power Co. Ltd., Class H		17,537,000		34,519,159
Weihai Guangwei Composites Co. Ltd., Class A		564,560		2,142,424
Weimob Inc.^(a)(b)(c)		21,042,000		5,634,504
Wens Foodstuffs Group Co. Ltd., Class A		3,027,541		8,057,870
West China Cement Ltd.		34,048,000		3,912,661
Western Mining Co. Ltd., Class A		1,731,300		3,991,387
Western Securities Co. Ltd., Class A		6,665,291		7,369,512
Western Superconducting Technologies Co. Ltd., Class A		528,120		2,932,860
Will Semiconductor Co. Ltd. Shanghai, Class A		582,469		7,732,928
Wingtech Technology Co. Ltd., Class A^(a)		707,100		3,739,240
Wuhan Guide Infrared Co. Ltd., Class A		4,329,096		3,783,062
Wuliangye Yibin Co. Ltd., Class A		2,041,574		40,166,575
WUS Printed Circuit Kunshan Co. Ltd., Class A		1,274,696		4,672,247
WuXi AppTec Co. Ltd., Class A		1,228,439		9,257,828
WuXi AppTec Co. Ltd., Class H^(b)(c)		3,279,507		20,216,545
Wuxi Biologics Cayman Inc.^(a)(b)		34,734,000		82,271,233
XCMG Construction Machinery Co. Ltd., Class A		8,979,609		7,384,046
XD Inc.^(a)(c)		3,181,400		5,925,719
Xiamen C&D Inc., Class A		2,007,200		2,890,806
Xiaomi Corp., Class B^(a)(b)		138,333,200		232,458,328
Xinjiang Daqo New Energy Co. Ltd.		936,850		3,792,858


Security	Shares		Value

China (continued)
Xinyi Solar Holdings Ltd.		43,486,800	$	26,333,228
XPeng Inc.^(a)(c)		10,196,250		47,721,432
Xtep International Holdings Ltd.^(c)		12,452,500		6,868,163
Yadea Group Holdings Ltd.^(b)(c)		11,482,000		18,039,023
Yangzhou Yangjie Electronic Technology Co. Ltd.		393,800		2,171,563
Yankuang Energy Group Co. Ltd., Class A		1,571,509		5,635,033
Yankuang Energy Group Co. Ltd., Class H^(a)		21,443,000		49,448,465
Yantai Jereh Oilfield Services Group Co. Ltd., Class A		843,368		3,530,074
Yeahka Ltd.^(a)(c)		2,614,800		4,233,155
Yealink Network Technology Corp. Ltd., Class A		817,006		3,324,004
YiChang HEC ChangJiang Pharmaceutical Co. Ltd., Class H^(a)(b)		994,200		1,291,772
Yidu Tech Inc. ^(a)(b)		5,247,800		2,821,540
Yifeng Pharmacy Chain Co. Ltd., Class A		819,459		4,474,794
Yihai International Holding Ltd.		4,189,000		5,864,248
Yihai Kerry Arawana Holdings Co. Ltd., Class A		957,301		4,284,120
Yintai Gold Co. Ltd., Class A		1,024,300		2,124,025
YongXing Special Materials Technology Co. Ltd., Class A		413,660		3,161,546
Yonyou Network Technology Co. Ltd., Class A		1,942,583		3,415,995
Youdao Inc., ADR^(a)(c)		82,093		357,925
Youngor Fashion Co. Ltd., Class A		928,700		947,484
Youyuan International Holdings Ltd.^(d)		5,307,000		5,884
YTO Express Group Co. Ltd., Class A		2,172,853		3,839,872
Yuexiu Property Co. Ltd.		15,002,576		9,976,980
Yuexiu REIT^(c)		27,591,751		3,693,471
Yuexiu Transport Infrastructure Ltd.		11,988,000		6,811,770
Yum China Holdings Inc.		3,662,056		157,065,582
Yunda Holding Co. Ltd., Class A		1,878,037		1,876,493
Yunnan Aluminium Co. Ltd., Class A		2,777,353		4,451,668
Yunnan Baiyao Group Co. Ltd., Class A		884,792		6,108,430
Yunnan Botanee Bio-Technology Group Co. Ltd.		214,400		1,948,970
Yunnan Energy New Material Co. Ltd., Class A		550,132		3,499,714
Yunnan Yuntianhua Co. Ltd.		1,180,600		2,985,538
Yutong Bus Co. Ltd., Class A		1,454,900		3,769,286
Zai Lab Ltd.^(a)		8,312,290		17,739,885
Zangge Mining Co. Ltd.		1,483,246		6,021,708
Zhangzhou Pientzehuang Pharmaceutical Co. Ltd., Class A		286,569		8,855,523
Zhaojin Mining Industry Co. Ltd., Class H^(c)		11,136,000		11,514,243
Zhejiang Century Huatong Group Co. Ltd., Class A^(a)		4,556,895		3,092,143
Zhejiang China Commodities City Group Co. Ltd., Class A		2,947,020		3,354,635
Zhejiang Chint Electrics Co. Ltd., Class A		1,400,673		3,993,575
Zhejiang Dahua Technology Co. Ltd., Class A		2,044,258		5,239,159
Zhejiang Dingli Machinery Co. Ltd., Class A		447,516		3,661,140
Zhejiang Expressway Co. Ltd., Class H		18,493,800		14,103,743
Zhejiang Huahai Pharmaceutical Co. Ltd., Class A		1,070,262		2,066,710
Zhejiang Huayou Cobalt Co. Ltd., Class A		988,391		3,791,421
Zhejiang Jingsheng Mechanical & Electrical Co. Ltd., Class A		823,394		4,225,294
Zhejiang Juhua Co. Ltd., Class A		1,908,100		5,385,820
Zhejiang Leapmotor Technology Co. Ltd.^(a)(b)(c)		4,308,200		15,072,780
Zhejiang NHU Co. Ltd., Class A		2,416,458		6,031,537
Zhejiang Sanhua Intelligent Controls Co. Ltd., Class A		1,316,000		4,546,172
Zhejiang Supor Co. Ltd., Class A		437,640		3,363,064


Security	Shares		Value

China (continued)
Zhejiang Weiming Environment Protection Co. Ltd., Class A		1,522,973	$	3,782,918
Zhejiang Zheneng Electric Power Co. Ltd., Class A^(a)		6,076,000		4,536,090
Zheshang Securities Co. Ltd., Class A		3,760,000		5,340,472
ZhongAn Online P&C Insurance Co. Ltd., Class H^(a)(b)		6,454,600		10,164,197
Zhongji Innolight Co. Ltd., Class A		472,074		10,167,900
Zhongjin Gold Corp. Ltd., Class A		3,362,118		4,843,399
Zhongsheng Group Holdings Ltd.		6,465,500		11,771,310
Zhongtai Securities Co. Ltd.		5,190,300		4,999,870
Zhou Hei Ya International Holdings Co. Ltd.^(b)(c)		10,537,500		2,434,317
Zhuzhou CRRC Times Electric Co. Ltd.		5,379,100		15,771,236
Zijin Mining Group Co. Ltd., Class A		9,444,200		17,114,843
Zijin Mining Group Co. Ltd., Class H		50,758,000		81,533,763
Zonqing Environmental Ltd., NVS^(c)		56,000		159,142
Zoomlion Heavy Industry Science and Technology Co. Ltd., Class A		6,976,300		7,740,084
ZTE Corp., Class A		1,875,939		7,761,616
ZTE Corp., Class H		7,219,640		16,262,123
ZTO Express Cayman Inc., ADR		3,831,260		73,521,879


				16,966,849,120

Colombia — 0.1%
Bancolombia SA		2,232,913		18,739,402
Interconexion Electrica SA ESP		4,293,966		18,291,748


				37,031,150

Czech Republic — 0.1%
CEZ AS		1,457,664		49,800,976
Komercni Banka AS		714,574		24,868,579
Moneta Money Bank AS^(b)		3,620,592		15,893,158


				90,562,713

Egypt — 0.1%
Commercial International Bank - Egypt (CIB)		22,032,406		31,452,477
Eastern Co. S.A.E		9,912,413		7,011,633
EFG Holding S.A.E.^(a)		15,569,131		5,714,251
E-Finance for Digital & Financial Investments, NVS		5,507,837		2,317,053
EISewedy Electric Co.		8,670,920		5,921,604
Ezz Steel Co. SAE^(a)		639,021		977,838
Fawry for Banking & Payment Technology Services SAE^(a)		19,640,703		2,835,926
Talaat Moustafa Group		9,739,310		12,701,971
Telecom Egypt Co.		4,706,598		3,544,872


				72,477,625

Greece — 0.5%
Aegean Airlines SA^(a)		153,453		2,086,417
Alpha Services and Holdings SA^(a)		20,794,368		39,171,127
Athens Water Supply & Sewage Co. SA^(c)		444,043		2,649,166
Autohellas Tourist and Trading SA		43,676		637,268
Eurobank Ergasias Services and Holdings SA, Class A^(a)		24,230,613		50,059,192
FF Group^(d)		343,633		4
GEK Terna Holding Real Estate Construction SA		609,784		9,384,932
Hellenic Energy Holdings SA		393,085		3,572,956
Hellenic Telecommunications Organization SA		1,648,680		24,875,219
Holding Co. ADMIE IPTO SA		1,946,341		4,806,524
Intracom SA Technical & Steel Constructions^(a)		421,107		2,503,227
Intralot SA-Integrated Information Systems & Gaming Services^(a)		2,274,366		3,072,667
JUMBO SA		1,069,522		31,256,586


Security	Shares		Value

Greece (continued)
LAMDA Development SA^(a)		829,044	$	6,057,165
Motor Oil Hellas Corinth Refineries SA		605,145		17,289,786
Mytilineos SA		910,758		35,436,484
National Bank of Greece SA^(a)		7,081,587		55,604,343
OPAP SA		1,738,560		31,699,316
Piraeus Financial Holdings SA^(a)		6,514,650		28,781,134
Public Power Corp. SA^(a)		1,847,330		24,130,492
Sarantis SA^(c)		254,153		2,518,893
Terna Energy SA		500,759		8,966,522
Titan Cement International SA^(c)		516,521		14,654,210


				399,213,630

Hungary — 0.2%
Magyar Telekom Telecommunications PLC		5,532,873		12,560,619
MOL Hungarian Oil & Gas PLC		3,821,179		30,403,105
OTP Bank Nyrt		2,057,710		98,657,557
Richter Gedeon Nyrt		1,232,730		32,818,381


				174,439,662

India — 19.1%
360 ONE WAM Ltd.		1,560,296		13,482,403
3M India Ltd.		32,300		12,456,884
Aarti Industries Ltd.		1,848,524		14,621,835
Aarti Pharmalabs Ltd., NVS		517,417		3,048,786
Aavas Financiers Ltd.^(a)		384,621		6,742,239
ABB India Ltd.		541,371		35,488,396
Action Construction Equipment Ltd.		273,206		4,163,145
Adani Enterprises Ltd.		1,562,789		61,899,283
Adani Green Energy Ltd.^(a)		2,884,018		65,914,200
Adani Ports & Special Economic Zone Ltd.		4,870,557		77,324,284
Adani Power Ltd.^(a)		7,035,803		46,563,862
Aditya Birla Fashion and Retail Ltd.^(a)		3,754,311		10,183,582
Aegis Logistics Ltd.		1,797,353		9,534,757
Affle India Ltd.^(a)		717,605		9,652,147
AGI Greenpac Ltd.		140,028		1,382,895
AIA Engineering Ltd.		436,530		19,231,019
Ajanta Pharma Ltd.		497,366		13,244,498
Alembic Pharmaceuticals Ltd.		601,738		7,385,611
Alkyl Amines Chemicals		194,911		5,040,653
Alok Industries Ltd.^(a)		13,428,124		4,667,131
Amara Raja Energy & Mobility Ltd.		1,263,308		12,781,013
Amber Enterprises India Ltd.^(a)		211,712		9,400,020
Ambuja Cements Ltd.		5,639,888		41,189,977
Anand Rathi Wealth Ltd.		84,368		3,708,692
Anant Raj Ltd.		592,673		2,501,748
Angel One Ltd.		371,852		12,480,589
Apar Industries Ltd.		134,543		10,150,166
APL Apollo Tubes Ltd.		1,676,810		31,230,032
Apollo Hospitals Enterprise Ltd.		951,171		70,024,539
Apollo Tyres Ltd.		3,575,854		22,324,521
Aptus Value Housing Finance India Ltd.		60,556		257,185
Archean Chemical Industries Ltd., NVS		345,749		3,151,375
Arvind Ltd.		901,363		3,053,697
Ashok Leyland Ltd.		14,660,844		30,029,077
Ashoka Buildcon Ltd.^(a)		986,508		2,214,827
Asian Paints Ltd.		3,505,881		119,580,410
Astra Microwave Products Ltd.		369,954		2,755,171
Astral Ltd.		1,212,353		30,253,475
AstraZeneca Pharma India Ltd.		80,281		5,341,223
Atul Ltd.		125,367		9,395,937
AU Small Finance Bank Ltd.^(b)		1,693,170		11,606,710
Aurobindo Pharma Ltd.		2,368,782		29,364,678
Avanti Feeds Ltd.		861,238		5,259,862


Security	Shares		Value

India (continued)
Avenue Supermarts Ltd.^(a)(b)		1,528,814	$	72,198,348
Axis Bank Ltd.		20,797,505		269,224,230
Bajaj Auto Ltd.		649,620		61,914,646
Bajaj Electricals Ltd.		532,503		6,394,048
Bajaj Finance Ltd.		2,485,646		193,924,138
Bajaj Finserv Ltd.		3,548,055		68,104,269
Bajaj Holdings & Investment Ltd.		276,310		30,479,596
Bajel Projects Ltd., NVS		348,496		913,099
Balaji Amines Ltd.		124,007		3,249,924
Balkrishna Industries Ltd.		825,726		22,179,207
Balrampur Chini Mills Ltd.		1,764,954		7,928,208
Bandhan Bank Ltd.^(b)		6,049,894		14,247,037
Bank of Baroda		10,135,215		32,427,871
BASF India Ltd.		131,577		5,227,612
Bata India Ltd.		540,644		9,190,253
Bayer CropScience Ltd.		156,172		10,678,169
BEML Ltd., (Acquired 02/10/22, Cost: $6,224,140)^(e)		209,128		7,853,021
Berger Paints India Ltd.		2,852,616		20,873,154
Bharat Dynamics Ltd.		552,025		12,031,560
Bharat Electronics Ltd.		33,127,439		81,828,003
Bharat Forge Ltd.		2,482,381		34,421,175
Bharat Heavy Electricals Ltd.		7,704,876		21,144,764
Bharat Petroleum Corp. Ltd.		7,016,749		50,993,316
Bharti Airtel Ltd.		20,589,606		278,762,642
Biocon Ltd.		3,916,546		13,029,893
Birla Corp. Ltd.		333,339		6,585,250
Birlasoft Ltd.		1,920,201		17,946,517
BLS International Services Ltd.		933,285		4,109,449
Blue Dart Express Ltd.		75,157		5,469,977
Blue Star Ltd.		1,092,075		16,714,575
Borosil Renewables Ltd.^(a)		724,275		4,688,123
Brigade Enterprises Ltd.		1,251,736		15,065,384
Brightcom Group Ltd.^(a)		15,808,592		3,279,306
Britannia Industries Ltd.		1,020,471		61,155,438
BSE Ltd.		637,063		18,197,591
Can Fin Homes Ltd.		1,036,192		9,669,534
Carborundum Universal Ltd.		1,000,713		12,893,480
Castrol India Ltd.		1,447,702		3,638,624
Ceat Ltd.		277,875		9,559,666
Central Depository Services India Ltd.		575,625		13,313,027
Century Plyboards India Ltd.		561,348		4,789,006
Century Textiles & Industries Ltd.		753,634		12,809,052
CESC Ltd.		8,990,014		13,771,150
CG Power and Industrial Solutions Ltd.		5,934,018		31,710,294
Chambal Fertilisers and Chemicals Ltd.		2,395,025		10,131,536
Chennai Petroleum Corp. Ltd.		435,882		4,651,396
Cholamandalam Financial Holdings Ltd.		1,051,060		13,290,245
Cholamandalam Investment and Finance Co. Ltd.		4,017,460		52,629,923
CIE Automotive India Ltd.		1,441,705		7,649,292
Cipla Ltd.		4,741,788		84,681,656
City Union Bank Ltd.		4,768,444		7,753,142
Clean Science & Technology Ltd.		293,715		4,996,506
Coal India Ltd.		14,492,830		76,106,459
Cochin Shipyard Ltd., NVS		981,430		10,330,431
Coforge Ltd.		529,243		41,836,694
Colgate-Palmolive India Ltd.		1,191,315		36,229,248
Computer Age Management Services Ltd.		339,557		12,549,477
Concord Biotech Ltd., NVS		122,676		2,145,657
Container Corp. of India Ltd.		2,592,099		30,536,623
Coromandel International Ltd.		916,876		11,885,261


Security	Shares		Value

India (continued)
CreditAccess Grameen Ltd.^(a)		514,618	$	9,114,291
CRISIL Ltd.		181,128		10,938,395
Crompton Greaves Consumer Electricals Ltd.		5,406,717		18,938,491
Cummins India Ltd.		1,355,070		44,771,840
Cyient Ltd.		899,867		21,989,719
D B Realty Ltd.^(a)		646,507		2,090,795
Dabur India Ltd.		5,945,538		38,609,106
Data Patterns India Ltd.^(a)		215,895		6,454,165
Deepak Fertilisers & Petrochemicals Corp. Ltd.		828,283		5,046,300
Deepak Nitrite Ltd.		669,790		17,838,076
Delhivery Ltd.^(a)		2,885,577		16,403,253
Devyani International Ltd.^(a)		3,740,616		6,905,922
Divi’s Laboratories Ltd.		1,109,745		46,679,228
Dixon Technologies India Ltd.		294,630		23,685,445
DLF Ltd.		6,193,181		67,280,664
Dodla Dairy Ltd., NVS		73,595		883,899
Dr Lal PathLabs Ltd.^(b)		326,913		9,262,175
Dr. Reddy’s Laboratories Ltd.		1,001,527		77,658,316
Easy Trip Planners Ltd., NVS		6,436,024		3,750,713
eClerx Services Ltd.		122,497		3,730,861
Edelweiss Financial Services Ltd.		5,755,950		5,275,219
Eicher Motors Ltd.		1,283,150		58,635,826
EID Parry India Ltd.		1,025,644		7,788,782
EIH Ltd.		2,311,305		11,238,107
Elecon Engineering Co. Ltd.		290,857		3,512,152
Electronics Mart India Ltd., NVS		404,435		1,006,922
Electrosteel Castings Ltd.		2,593,557		4,996,718
Elgi Equipments Ltd.		1,794,102		14,115,714
Emami Ltd.		1,962,517		11,004,760
Embassy Office Parks REIT		6,102,956		27,513,123
Endurance Technologies Ltd.^(b)		391,832		8,770,767
Engineers India Ltd.		4,272,927		10,788,308
Equitas Small Finance Bank Ltd.^(b)		3,836,202		4,605,292
Exide Industries Ltd.		5,007,256		19,304,633
Federal Bank Ltd.		16,907,011		30,640,061
Fine Organic Industries Ltd.		102,750		5,363,555
Finolex Cables Ltd.		880,808		9,767,623
Finolex Industries Ltd.		3,212,911		8,454,767
Firstsource Solutions Ltd.		4,728,430		11,695,411
Five-Star Business Finance Ltd., NVS		724,670		6,168,884
Fortis Healthcare Ltd.		4,648,196		22,831,696
Gabriel India Ltd.		247,289		1,029,186
GAIL India Ltd.		23,016,967		50,508,245
Garden Reach Shipbuilders & Engineers Ltd.		188,610		1,847,348
GHCL Ltd.		853,261		5,251,925
Gland Pharma Ltd.^(a)(b)		357,546		7,613,536
GlaxoSmithKline Pharmaceuticals Ltd.		383,043		10,010,215
Glenmark Pharmaceuticals Ltd.		1,552,016		17,321,707
Global Health Ltd., NVS^(a)		300,187		4,938,016
GMM Pfaudler Ltd.		397,208		6,227,041
GMR Airports Infrastructure Ltd.^(a)		23,026,904		23,305,807
Godawari Power and Ispat Ltd.		214,923		1,917,713
Godrej Consumer Products Ltd.		3,783,630		57,284,323
Godrej Industries Ltd.^(a)		1,029,717		9,947,586
Godrej Properties Ltd.^(a)		1,178,696		34,095,924
Gokaldas Exports Ltd.		402,747		4,092,700
Granules India Ltd.		1,993,959		11,168,079
Graphite India Ltd.		1,037,721		7,487,212
Grasim Industries Ltd.		2,620,594		69,170,190
Great Eastern Shipping Co. Ltd. (The)		1,142,004		13,855,836
Grindwell Norton Ltd.		432,814		10,882,362
Gujarat Fluorochemicals Ltd.		292,865		13,080,653


Security	Shares		Value

India (continued)
Gujarat Gas Ltd.		1,666,804	$	11,371,881
Gujarat Mineral Development Corp. Ltd.		687,363		3,232,635
Gujarat Narmada Valley Fertilizers & Chemicals Ltd.		1,055,299		8,145,722
Gujarat Pipavav Port Ltd.		4,381,319		11,026,399
Gujarat State Fertilizers & Chemicals Ltd.		2,845,975		7,456,749
Gujarat State Petronet Ltd.		2,576,828		11,458,314
Happiest Minds Technologies Ltd.		937,248		9,565,672
Havells India Ltd.		2,471,301		45,596,555
HBL Power Systems Ltd.		985,961		6,175,594
HCL Technologies Ltd.		8,663,543		173,618,836
HDFC Asset Management Co. Ltd.^(b)		722,631		32,704,222
HDFC Bank Ltd.		25,394,201		428,881,469
HDFC Life Insurance Co. Ltd.^(b)		9,022,621		63,337,290
Hero MotoCorp Ltd.		1,052,337		56,082,754
HFCL Ltd.		9,929,497		12,827,020
Himadri Speciality Chemical Ltd.		1,415,757		6,285,768
Hindalco Industries Ltd.		11,739,883		71,213,246
Hindustan Aeronautics Ltd., NVS		1,809,727		67,192,007
Hindustan Construction Co. Ltd.^(a)		10,273,974		5,154,639
Hindustan Copper Ltd.		2,168,823		7,048,514
Hindustan Petroleum Corp. Ltd.		5,369,315		33,008,682
Hindustan Unilever Ltd.		7,526,980		218,995,627
Hitachi Energy India Ltd.		128,262		9,275,433
ICICI Bank Ltd.		47,102,884		598,242,561
ICICI Lombard General Insurance Co. Ltd.^(b)		2,230,130		46,072,446
ICICI Prudential Life Insurance Co. Ltd.^(b)		3,291,728		21,155,777
ICICI Securities Ltd.^(b)		853,788		8,411,613
IDFC First Bank Ltd.^(a)		31,980,641		31,245,764
IDFC Ltd.^(a)		12,360,561		17,338,545
IFCI Ltd.^(a)		6,427,869		3,549,355
IIFL Finance Ltd.		1,450,429		10,305,820
India Cements Ltd. (The)^(a)		2,425,067		6,682,208
Indiabulls Housing Finance Ltd.		3,965,891		9,040,057
Indiabulls Real Estate Ltd.^(a)		5,346,033		7,688,342
IndiaMART Intermesh Ltd.^(b)		306,950		9,837,326
Indian Energy Exchange Ltd.^(b)		5,033,544		8,605,170
Indian Hotels Co. Ltd., Class A		7,947,152		56,250,061
Indian Oil Corp. Ltd.		26,034,548		51,917,706
Indian Railway Catering & Tourism Corp. Ltd.		2,456,350		27,465,739
Indian Renewable Energy Development Agency Ltd., NVS		4,802,774		8,691,375
Indraprastha Gas Ltd.		2,927,196		15,023,260
IndusInd Bank Ltd.		2,605,294		46,279,728
Infibeam Avenues Ltd.		9,942,433		4,406,668
Info Edge India Ltd.		697,174		44,226,590
Infosys Ltd.		29,995,209		603,638,304
Inox Wind Ltd.^(a)		935,448		6,803,510
Intellect Design Arena Ltd.		986,868		13,142,180
InterGlobe Aviation Ltd.^(a)(b)		1,287,307		48,881,584
Ipca Laboratories Ltd.		1,243,941		17,867,969
IRB Infrastructure Developers Ltd., NVS		14,252,697		10,791,561
IRCON International Ltd.^(b)		3,360,628		9,261,952
ITC Ltd.		27,289,213		133,554,745
Jai Balaji Industries Ltd., NVS		172,408		2,655,756
Jai Corp. Ltd.		319,239		1,211,976
Jain Irrigation Systems Ltd.^(a)		1,892,885		1,252,551
Jaiprakash Power Ventures Ltd.^(a)		25,796,665		5,651,692
Jammu & Kashmir Bank Ltd. (The)		2,556,397		4,405,144
JB Chemicals & Pharmaceuticals Ltd., NVS		278,569		5,247,258
JBM Auto Ltd.		128,632		3,361,617
Jindal Saw Ltd.		997,626		5,752,553


Security	Shares		Value

India (continued)
Jindal Steel & Power Ltd.		3,472,247	$	32,394,171
Jio Financial Services Ltd., NVS^(a)		27,147,402		101,346,617
JK Cement Ltd.		328,461		17,868,433
JK Lakshmi Cement Ltd.		327,198		3,624,388
JK Paper Ltd.		1,218,146		5,484,085
JK Tyre & Industries Ltd.		855,711		5,355,832
JM Financial Ltd.		5,126,438		5,943,807
JSW Steel Ltd.		6,153,394		59,325,728
Jubilant Foodworks Ltd.		3,886,695		21,740,353
Jubilant Ingrevia Ltd.		895,170		5,197,497
Jubilant Pharmova Ltd., Class A		735,134		5,029,097
Jupiter Wagons Ltd., NVS		928,743		4,165,083
Just Dial Ltd.^(a)		377,317		4,208,430
Jyothy Labs Ltd.		1,945,478		10,840,897
Kajaria Ceramics Ltd.		887,596		13,655,740
Kalpataru Projects International Ltd.		240,291		2,793,094
Kalyan Jewellers India Ltd.		2,318,892		11,113,925
Kansai Nerolac Paints Ltd.		2,261,902		7,899,667
Karnataka Bank Ltd. (The)		1,366,283		3,738,418
Karur Vysya Bank Ltd. (The)		5,285,270		11,683,256
Kaveri Seed Co. Ltd.		392,255		3,139,948
Kaynes Technology India Ltd., NVS		127,668		4,525,195
KEC International Ltd.		1,353,146		11,838,758
KEI Industries Ltd.		555,403		21,464,546
Kirloskar Oil Engines Ltd.		417,001		4,596,708
Kotak Mahindra Bank Ltd.		9,966,446		202,767,132
KPI Green Energy Ltd.^(b)		93,097		1,953,812
KPIT Technologies Ltd.		1,647,860		31,142,830
KPR Mill Ltd.		1,052,798		9,754,205
Krishna Institute Of Medical Sciences Ltd.^(a)(b)		346,115		9,406,197
L&T Finance Holdings Ltd.		8,101,995		16,302,005
Lakshmi Machine Works Ltd.		58,432		10,197,358
Larsen & Toubro Ltd.		6,104,936		255,957,344
Laurus Labs Ltd.^(b)		3,221,180		15,774,473
Lemon Tree Hotels Ltd.^(a)(b)		6,125,889		10,294,453
LIC Housing Finance Ltd.		2,905,911		22,682,524
Lloyds Engineering Works Ltd., NVS		3,028,536		2,136,145
LT Foods Ltd.		501,724		1,088,687
LTIMindtree Ltd.^(b)		824,019		52,685,312
Lupin Ltd.		1,839,275		35,977,784
Macrotech Developers Ltd.		2,184,677		30,611,554
Mahanagar Gas Ltd.		734,049		13,119,719
Maharashtra Seamless Ltd.		230,871		2,559,311
Mahindra & Mahindra Financial Services Ltd.		5,172,818		17,642,055
Mahindra & Mahindra Ltd.		8,576,637		199,704,636
Mahindra Lifespace Developers Ltd.		910,699		6,344,273
Man Infraconstruction Ltd.		572,493		1,481,432
Manappuram Finance Ltd.		5,734,451		12,195,224
Marico Ltd.		5,170,547		32,577,006
Marksans Pharma Ltd.		984,433		1,808,005
Maruti Suzuki India Ltd.		1,252,982		170,523,938
Mastek Ltd.		218,408		7,719,160
Max Financial Services Ltd.^(a)		2,244,175		26,187,868
Max Healthcare Institute Ltd.		7,400,878		70,831,373
Medplus Health Services Ltd.^(a)		465,595		3,909,052
Metropolis Healthcare Ltd.^(b)		322,237		6,221,714
Mindspace Business Parks REIT^(b)		1,865,362		7,649,674
Motherson Sumi Wiring India Ltd.		21,517,073		18,173,601
Motilal Oswal Financial Services Ltd.		444,911		8,644,082
Mphasis Ltd.		748,901		23,625,530
MRF Ltd.		19,143		33,747,889
Mrs Bectors Food Specialities Ltd.		96,363		1,234,260


Security	Shares		Value

India (continued)
MTAR Technologies Ltd.^(a)		287,125	$	6,632,617
Multi Commodity Exchange of India Ltd.		224,717		10,179,437
Muthoot Finance Ltd.		1,184,764		18,583,565
Narayana Hrudayalaya Ltd.		866,669		14,023,070
Natco Pharma Ltd.		1,007,954		12,088,992
National Aluminium Co. Ltd.		9,734,208		18,255,300
Navin Fluorine International Ltd.		328,421		11,971,959
NBCC India Ltd.		5,432,338		8,819,830
NCC Ltd./India		4,981,165		14,844,388
Nestle India Ltd., NVS		3,173,167		99,375,756
Neuland Laboratories Ltd.		53,226		4,579,301
Newgen Software Technologies Ltd.		257,698		2,637,464
Nexus Select Trust, NVS		2,328,365		3,543,532
NIIT Learning Systems Ltd., NVS		824,502		5,165,303
Nippon Life India Asset Management Ltd.^(b)		1,766,630		10,993,199
NLC India Ltd.		1,922,179		5,155,586
NMDC Ltd.		6,710,525		18,282,395
NMDC Steel Ltd., NVS^(a)		6,601,557		4,888,064
NTPC Ltd.		40,257,358		162,674,191
Nuvama Wealth Management Ltd., NVS		65,803		3,262,471
Nuvoco Vistas Corp. Ltd.^(a)		1,187,612		4,742,260
Oil & Natural Gas Corp. Ltd.		28,779,510		91,558,686
Olectra Greentech Ltd.		400,695		9,490,610
One 97 Communications Ltd., NVS^(a)		2,183,210		10,567,318
Orient Cement Ltd.		652,492		1,786,499
Orient Electric Ltd.		1,337,913		3,361,944
Orissa Minerals Development Co. Ltd. (The)^(a)		589		48,152
Page Industries Ltd.		55,875		23,119,530
Paisalo Digital Ltd.		1,332,125		2,961,750
PB Fintech Ltd.^(a)		2,187,093		30,764,367
PCBL Ltd.		1,435,091		4,951,759
Persistent Systems Ltd.		475,043		49,434,438
Petronet LNG Ltd.		6,997,451		23,039,228
PG Electroplast Ltd.^(a)		16,553		362,463
Phoenix Mills Ltd. (The)		902,281		29,938,802
PI Industries Ltd.		774,091		34,287,967
Pidilite Industries Ltd.		1,518,284		50,130,107
Piramal Enterprises Ltd.		1,030,904		11,375,101
Piramal Pharma Ltd., NVS^(a)		5,565,332		8,852,471
PNB Housing Finance Ltd.^(a)(b)		1,136,727		9,511,256
Polycab India Ltd.		376,745		21,567,236
Polyplex Corp. Ltd.		189,146		1,965,437
Poonawalla Fincorp Ltd.		2,377,187		13,378,792
Power Finance Corp. Ltd.		13,198,184		63,848,918
Power Grid Corp. of India Ltd.		42,503,650		145,212,684
Praj Industries Ltd.		1,685,708		10,128,361
Procter & Gamble Health Ltd.		71,357		4,381,313
PTC India Ltd.		1,700,898		4,149,019
Punjab National Bank		16,914,357		24,856,580
PVR Inox Ltd.^(a)		705,512		11,666,688
Quess Corp. Ltd.^(b)		887,899		5,501,877
Radico Khaitan Ltd.		811,380		15,344,315
Railtel Corp. of India Ltd.		1,230,770		6,664,683
Rain Industries Ltd.		2,580,221		5,721,832
Rainbow Children’s Medicare Ltd.		219,622		3,591,670
Rajesh Exports Ltd.^(a)		729,651		2,712,285
Rallis India Ltd.		1,396,046		4,170,072
Ramco Cements Ltd. (The)		1,161,670		11,693,304
Ramkrishna Forgings Ltd.		570,388		5,379,433
Ratnamani Metals & Tubes Ltd.		57,168		2,092,773
RattanIndia Enterprises Ltd.^(a)		3,041,626		3,064,880
RattanIndia Power Ltd.^(a)		11,456,660		1,388,623


Security	Shares		Value

India (continued)
Raymond Ltd.		435,233	$	9,622,626
RBL Bank Ltd.^(b)		4,738,313		14,862,176
REC Ltd.		11,669,857		62,141,088
Redington Ltd.		5,577,312		13,890,032
Relaxo Footwears Ltd.		726,196		7,325,248
Reliance Industries Ltd.		27,483,969		967,305,008
Reliance Infrastructure Ltd.^(a)		1,360,026		3,614,813
Reliance Power Ltd.^(a)		30,101,911		8,793,359
Religare Enterprises Ltd.^(a)		983,876		2,798,647
Rhi Magnesita India Ltd.		337,530		2,322,269
RITES Ltd.		425,989		4,013,993
Route Mobile Ltd.		460,577		8,857,690
Safari Industries India Ltd.		82,201		2,018,635
Samvardhana Motherson International Ltd.		21,721,634		31,206,993
Sanofi India Ltd.		99,845		10,347,578
Sarda Energy & Minerals Ltd., NVS		934,415		2,412,029
Saregama India Ltd.		753,225		3,654,579
SBI Cards & Payment Services Ltd.		2,418,576		20,982,185
SBI Life Insurance Co. Ltd.^(b)		4,353,321		81,341,777
Sheela Foam Ltd.^(a)		344,559		4,305,707
Shipping Corp. of India Ltd.		421,582		1,202,977
Shree Cement Ltd.		93,332		28,643,008
Shree Renuka Sugars Ltd.^(a)		8,466,764		4,751,873
Shriram Finance Ltd.		2,579,908		75,785,376
Shyam Metalics & Energy Ltd.		397,621		3,115,403
Siemens Ltd.		822,522		46,374,724
SJVN Ltd.		6,712,033		9,827,358
SKF India Ltd.		146,014		8,317,029
Sobha Ltd.		249,002		4,688,188
Sona Blw Precision Forgings Ltd.^(b)		3,703,509		30,761,637
Sonata Software Ltd.		1,774,680		17,328,857
South Indian Bank Ltd. (The)		10,324,254		4,015,021
Spandana Sphoorty Financial Ltd.^(a)		303,486		3,344,218
SRF Ltd.		1,420,439		40,948,455
Star Health & Allied Insurance Co. Ltd.^(a)		822,427		5,555,303
State Bank of India		16,455,243		148,176,162
Sterling and Wilson Renewable Energy Ltd.^(a)		691,020		5,035,790
Sterlite Technologies Ltd.		2,096,164		3,464,624
Strides Pharma Science Ltd.		851,910		8,081,285
Sumitomo Chemical India Ltd.		1,213,488		5,477,975
Sun Pharma Advanced Research Co. Ltd.^(a)		1,549,158		6,811,774
Sun Pharmaceutical Industries Ltd.		8,768,274		166,693,901
Sun TV Network Ltd.		1,021,535		7,582,830
Sundram Fasteners Ltd.		850,353		10,969,130
Sunteck Realty Ltd.		664,576		3,699,522
Supreme Industries Ltd.		626,271		31,321,119
Surya Roshni Ltd., NVS		444,963		3,217,542
Suven Pharmaceuticals Ltd.^(a)		1,520,255		11,533,719
Suzlon Energy Ltd.^(a)		78,730,413		42,893,603
Swan Energy Ltd.		915,548		8,228,379
Symphony Ltd.		227,100		2,414,361
Syngene International Ltd.^(b)		1,335,422		11,359,391
Syrma SGS Technology Ltd.		416,832		2,630,282
Tanla Platforms Ltd.		718,176		8,462,505
Tata Chemicals Ltd.		1,337,141		15,106,722
Tata Communications Ltd.		905,403		20,967,851
Tata Consultancy Services Ltd.		8,191,521		404,096,728
Tata Consumer Products Ltd.		5,274,130		75,635,742
Tata Elxsi Ltd.		330,049		31,079,063
Tata Investment Corp. Ltd.		98,190		8,569,801
Tata Motors Ltd.		15,059,647		172,419,727
Tata Motors Ltd., Class A		4,147,049		31,577,848


Security	Shares		Value

India (continued)
Tata Power Co. Ltd. (The)		13,736,415	$	61,605,910
Tata Steel Ltd.		68,987,779		116,946,392
Tata Teleservices Maharashtra Ltd.^(a)		5,037,583		5,309,902
TeamLease Services Ltd.^(a)		121,289		4,400,220
Tech Mahindra Ltd.		4,963,478		76,274,883
Tejas Networks Ltd.^(a)(b)		925,213		8,327,922
Texmaco Rail & Engineering Ltd.		1,396,988		3,181,722
Tilaknagar Industries Ltd.		477,903		1,237,252
Timken India Ltd.		228,165		7,477,412
Titagarh Rail System Ltd.		576,172		6,511,668
Titan Co. Ltd.		3,280,700		143,371,442
Torrent Pharmaceuticals Ltd.		932,112		30,031,284
Trent Ltd.		1,759,357		82,226,048
Trident Ltd.		15,569,558		7,934,339
Triveni Turbine Ltd.		880,494		5,282,451
TTK Prestige Ltd.		636,532		5,737,400
Tube Investments of India Ltd.		1,014,129		42,571,012
TV18 Broadcast Ltd.^(a)		6,474,852		4,650,171
TVS Motor Co. Ltd.		2,278,537		58,715,810
Ujjivan Small Finance Bank Ltd.^(b)		5,533,566		3,545,618
UltraTech Cement Ltd.		1,058,604		126,298,110
Union Bank of India Ltd.		10,223,829		18,039,241
United Spirits Ltd.		2,905,344		40,839,486
UNO Minda Ltd.		1,545,342		12,449,966
UPL Ltd.		4,347,342		24,620,704
Usha Martin Ltd.		863,642		3,425,949
UTI Asset Management Co. Ltd.		501,352		5,406,926
Vardhman Textiles Ltd.		1,334,180		6,871,006
Varun Beverages Ltd.		4,433,181		75,339,218
Vedanta Ltd.		7,911,211		25,492,086
V-Guard Industries Ltd.		2,184,275		8,550,105
Vinati Organics Ltd.		338,743		6,806,559
VIP Industries Ltd.		812,077		5,409,416
V-Mart Retail Ltd.^(a)		124,072		2,857,585
Voltamp Transformers Ltd.		38,787		4,110,657
Voltas Ltd.		1,931,538		25,814,060
Welspun Corp. Ltd.		1,413,677		8,704,322
Welspun Living Ltd.		3,366,553		6,271,952
Westlife Foodworld Ltd.		703,739		6,351,474
Whirlpool of India Ltd.		386,563		5,860,014
Wipro Ltd.		11,815,880		73,717,193
Wockhardt Ltd.^(a)		341,458		2,488,815
Wonderla Holidays Ltd.		51,169		581,203
Yes Bank Ltd.^(a)		114,545,503		33,682,128
Zee Entertainment Enterprises Ltd.^(a)		7,665,204		14,837,115
Zen Technologies Ltd.		209,879		2,178,991
Zensar Technologies Ltd.		1,369,661		9,070,619
Zomato Ltd.^(a)		53,577,562		106,641,337


				14,264,552,298

Indonesia — 1.9%
Ace Hardware Indonesia Tbk PT		73,043,100		3,881,716
Adaro Energy Indonesia Tbk PT		132,497,000		20,420,505
AKR Corporindo Tbk PT		111,132,900		12,022,013
Amman Mineral Internasional PT^(a)		54,087,328		29,234,636
Aneka Tambang Tbk		76,748,643		7,128,069
Astra Agro Lestari Tbk PT		6,280,200		2,679,015
Astra International Tbk PT		183,592,800		61,117,706
Astrindo Nusantara Infrastructure Tbk PT^(a)		461,282,900		2,406,949
Bank Aladin Syariah Tbk PT^(a)		52,180,500		3,552,856
Bank BTPN Syariah Tbk PT		27,826,200		2,434,682
Bank Central Asia Tbk PT		498,253,900		313,534,197
Bank Jago Tbk PT^(a)		31,301,000		5,416,215


Security	Shares		Value

Indonesia (continued)
Bank Mandiri Persero Tbk PT		341,778,200	$	152,663,264
Bank Negara Indonesia Persero Tbk PT		133,705,400		51,100,085
Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk PT		24,167,519		1,853,125
Bank Rakyat Indonesia Persero Tbk PT		619,126,395		241,263,456
Bank Tabungan Negara Persero Tbk PT		53,781,176		4,897,951
Barito Pacific Tbk PT		264,570,615		16,445,271
Berkah Beton Sadaya Tbk PT^(a)		179,871,000		572,291
BFI Finance Indonesia Tbk PT		80,082,700		7,032,397
Bukalapak.com PT Tbk^(a)		567,360,300		5,680,958
Bukit Asam Tbk PT		41,102,900		6,692,283
Bumi Resources Minerals Tbk PT^(a)		561,865,000		5,148,493
Bumi Resources Tbk PT^(a)		390,890,000		2,164,011
Bumi Serpong Damai Tbk PT^(a)		94,904,500		6,121,733
Charoen Pokphand Indonesia Tbk PT		70,862,700		21,848,378
Ciputra Development Tbk PT		101,033,127		8,164,942
GoTo Gojek Tokopedia Tbk PT^(a)		7,492,686,600		33,914,712
Hanson International Tbk PT^(a)(d)		783,666,700		1
Harum Energy Tbk PT^(a)		29,984,600		2,388,970
Indah Kiat Pulp & Paper Tbk PT		25,480,000		14,161,175
Indika Energy Tbk PT		16,450,900		1,423,686
Indo Tambangraya Megah Tbk PT		3,941,200		6,568,693
Indocement Tunggal Prakarsa Tbk PT		14,705,100		8,491,087
Indofood CBP Sukses Makmur Tbk PT		21,133,300		15,581,227
Indofood Sukses Makmur Tbk PT		38,792,000		16,353,611
Industri Jamu Dan Farmasi Sido Muncul Tbk PT		45,611,000		1,784,968
Inti Agri Resources Tbk PT^(a)(d)		291,349,000		—
Japfa Comfeed Indonesia Tbk PT		56,678,100		4,147,618
Jasa Marga Persero Tbk PT		23,401,780		8,083,098
Kalbe Farma Tbk PT		193,169,900		18,287,237
Medco Energi Internasional Tbk PT		76,340,380		6,347,909
Media Nusantara Citra Tbk PT		66,967,500		1,389,208
Medikaloka Hermina Tbk PT		43,458,000		3,498,210
Merdeka Copper Gold Tbk PT^(a)		102,821,685		14,788,582
Metro Healthcare Indonesia TBK PT^(a)		259,760,900		2,429,835
Mitra Adiperkasa Tbk PT		99,857,300		12,199,045
Pabrik Kertas Tjiwi Kimia Tbk PT		15,255,800		6,649,840
Pakuwon Jati Tbk PT		204,872,300		5,292,915
Panin Financial Tbk PT^(a)		184,962,600		3,062,492
Perusahaan Gas Negara Tbk PT		96,892,600		6,721,915
Perusahaan Perkebunan London Sumatra Indonesia Tbk PT		38,513,200		2,072,690
Pool Advista Indonesia Tbk PT^(a)(d)		12,679,400		—
Sarana Menara Nusantara Tbk PT		209,566,000		12,288,822
Semen Indonesia Persero Tbk PT		30,695,509		11,923,785
Smartfren Telecom Tbk PT^(a)		975,297,800		3,289,264
Sugih Energy Tbk PT^(a)(d)		27,492,211		—
Sumber Alfaria Trijaya Tbk PT		154,735,700		27,077,517
Summarecon Agung Tbk PT		133,419,941		4,664,709
Surya Citra Media Tbk PT		260,750,700		2,474,805
Surya Esa Perkasa Tbk PT		78,828,500		2,583,308
Telkom Indonesia Persero Tbk PT		439,699,200		112,083,425
Trada Alam Minera Tbk PT^(a)(d)		280,960,700		—
Transcoal Pacific Tbk PT		11,105,200		5,567,671
Unilever Indonesia Tbk PT		65,050,100		11,300,463
United Tractors Tbk PT		14,403,000		21,571,293
Waskita Karya Persero Tbk PT^(a)(d)		135,029,644		1,388,533
XL Axiata Tbk PT		43,042,900		6,518,747


				1,413,848,263

Kazakhstan — 0.0%
Polymetal International PLC^(a)(d)		3,035,664		334


Security	Shares		Value

Kuwait — 0.9%
Agility Public Warehousing Co. KSC^(a)		14,058,307	$	27,490,831
Al Ahli Bank of Kuwait KSCP		10,841,541		9,034,324
Arabi Group Holding KSC^(a)		1,153,861		1,964,657
Arzan Financial Group for Financing & Investment KPSC		3,789,767		2,758,433
Boubyan Bank KSCP		13,848,871		28,956,493
Boubyan Petrochemicals Co. KSCP		4,332,453		8,590,139
Boursa Kuwait Securities Co. KPSC		415,916		2,757,006
Gulf Bank KSCP		16,557,395		15,885,200
Gulf Cable & Electrical Industries Co. KSCP		1,033,068		5,011,764
Humansoft Holding Co. KSC		870,043		9,527,360
Jazeera Airways Co. KSCP		1,048,675		3,847,129
Kuwait Finance House KSCP		78,198,110		206,025,530
Kuwait International Bank KSCP		16,561,808		8,885,363
Kuwait Projects Co. Holding KSCP^(a)		21,246,858		8,699,371
Kuwait Real Estate Co. KSC		6,828,990		5,109,261
Mabanee Co. KPSC		6,356,773		16,896,313
Mobile Telecommunications Co. KSCP		18,871,586		30,864,349
National Bank of Kuwait SAKP		68,536,942		218,368,830
National Industries Group Holding SAK		20,949,886		16,306,193
National Investments Co. KSCP		4,101,341		3,798,155
National Real Estate Co. KPSC^(a)		9,621,577		2,482,508
Salhia Real Estate Co. KSCP		4,848,634		7,247,349
Shamal Az-Zour Al-Oula for the First Phase of Az-Zour Power Plant KSC		6,417,388		3,550,551
Warba Bank KSCP		16,490,199		10,083,536


				654,140,645

Malaysia — 1.5%
AFFIN Bank Bhd		3,140,500		1,708,798
Alliance Bank Malaysia Bhd		8,970,100		6,732,102
AMMB Holdings Bhd		15,427,700		14,122,293
Axiata Group Bhd		25,016,600		14,664,467
Bermaz Auto Bhd		13,250,200		6,812,873
British American Tobacco Malaysia Bhd^(c)		1,575,400		2,772,013
Bursa Malaysia Bhd		6,113,600		9,634,469
Carlsberg Brewery Malaysia Bhd		1,880,400		7,552,507
CELCOMDIGI Bhd		31,951,300		29,339,461
CIMB Group Holdings Bhd		59,305,600		80,761,080
CTOS Digital Bhd^(c)		14,749,900		4,696,427
D&O Green Technologies Bhd^(a)(c)		6,358,100		4,453,173
Dialog Group Bhd		31,890,896		14,112,093
DRB-Hicom Bhd		10,575,000		3,102,481
Fraser & Neave Holdings Bhd		1,514,600		9,415,383
Frontken Corp. Bhd^(c)		13,107,600		10,165,515
Gamuda Bhd		17,339,600		19,329,151
Gas Malaysia Bhd		1,194,700		858,482
Genting Bhd		18,160,200		18,268,028
Genting Malaysia Bhd		26,164,200		15,846,287
Greatech Technology Bhd^(a)(c)		4,829,900		4,865,021
Hartalega Holdings Bhd^(a)		15,181,000		8,034,007
Heineken Malaysia Bhd		1,440,200		6,877,027
Hibiscus Petroleum Bhd		6,678,440		3,558,392
Hong Leong Bank Bhd		5,906,500		24,560,385
IHH Healthcare Bhd		16,542,700		21,438,754
IJM Corp. Bhd		27,175,300		12,271,450
Inari Amertron Bhd		25,894,700		17,334,912
IOI Corp. Bhd		22,745,700		19,071,858
IOI Properties Group Bhd		6,441,400		3,121,951
Kossan Rubber Industries Bhd		12,703,000		5,032,481
KPJ Healthcare Bhd^(c)		34,752,400		12,078,193
Kuala Lumpur Kepong Bhd		3,980,900		18,811,671
Lotte Chemical Titan Holding Bhd^(a)(b)		5,556,700		1,381,710


Security	Shares		Value

Malaysia (continued)
Magnum Bhd		11,641,586	$	2,772,098
Malayan Banking Bhd		46,828,400		94,083,402
Malaysia Airports Holdings Bhd		7,215,800		12,894,318
Malaysia Building Society Bhd^(c)		35,688,900		5,725,844
Malaysian Pacific Industries Bhd^(c)		957,000		5,863,126
Malaysian Resources Corp. Bhd		32,690,900		4,038,874
Maxis Bhd^(c)		21,606,400		16,937,269
Mega First Corp. Bhd		8,203,100		6,827,994
MISC Bhd		12,151,200		19,480,943
MR DIY Group M Bhd^(b)		24,390,450		8,016,474
My EG Services Bhd		54,918,600		9,327,644
Nationgate Holdings Bhd, NVS		6,670,200		1,986,588
Nestle Malaysia Bhd^(c)		565,000		14,870,614
Padini Holdings Bhd		4,020,000		2,871,731
Pentamaster Corp. Bhd		7,230,400		6,544,477
Petronas Chemicals Group Bhd		23,721,800		35,012,902
Petronas Dagangan Bhd		2,794,200		13,448,431
Petronas Gas Bhd		7,089,000		26,799,423
PPB Group Bhd		6,458,020		21,202,392
Press Metal Aluminium Holdings Bhd		32,994,000		32,563,163
Public Bank Bhd		129,754,600		120,429,221
QL Resources Bhd		11,617,543		14,218,073
RHB Bank Bhd		11,990,966		14,161,797
Sam Engineering & Equipment M Bhd		952,100		957,015
Scientex Bhd		8,883,800		7,282,110
Sime Darby Bhd		24,720,200		14,125,113
Sime Darby Plantation Bhd		18,594,300		16,993,000
Sime Darby Property Bhd^(c)		38,526,100		6,264,869
SP Setia Bhd Group^(c)		21,527,100		3,840,497
Sports Toto Bhd		8,781,129		2,646,089
Sunway REIT^(c)		24,733,700		8,130,771
Supermax Corp. Bhd		16,154,527		2,826,704
Telekom Malaysia Bhd		9,804,800		12,506,574
Tenaga Nasional Bhd		23,301,900		55,290,147
TIME dotCom Bhd		12,757,700		14,802,389
Top Glove Corp. Bhd^(a)		45,493,600		7,721,238
UEM Sunrise Bhd^(c)		11,607,300		2,550,316
UWC Bhd^(a)(c)		4,791,400		3,468,655
ViTrox Corp. Bhd^(c)		3,724,800		5,886,840
VS Industry Bhd		33,605,150		5,243,954
Yinson Holdings Bhd		16,041,560		8,619,951
YTL Corp. Bhd		19,954,649		11,227,250
YTL Power International Bhd^(c)		22,035,800		18,399,858


				1,131,645,033

Mexico — 2.5%
Alfa SAB de CV, Class A		25,106,900		18,722,367
Alsea SAB de CV^(a)		5,071,395		19,435,500
America Movil SAB de CV		169,469,438		158,688,838
Arca Continental SAB de CV		4,371,779		47,095,199
Banco del Bajio SA^(b)		7,399,097		27,535,663
Bolsa Mexicana de Valores SAB de CV		3,721,078		8,025,394
Cemex SAB de CV, NVS^(a)		137,917,983		105,435,635
Coca-Cola Femsa SAB de CV		4,430,200		43,240,863
Controladora Vuela Cia. de Aviacion SAB de CV, Class A^(a)(c)		7,749,559		5,637,944
Corp Inmobiliaria Vesta SAB de CV		6,588,410		23,096,205
FIBRA Macquarie Mexico^(b)(c)		10,172,000		20,010,687
Fibra Uno Administracion SA de CV		28,554,900		51,600,447
Fomento Economico Mexicano SAB de CV		17,615,962		219,968,916
GCC SAB de CV		1,714,057		18,097,699
Genomma Lab Internacional SAB de CV, Class B		8,734,724		6,744,149


Security	Shares		Value

Mexico (continued)
Gentera SAB de CV		10,939,492	$	16,443,656
Gruma SAB de CV, Class B		1,795,660		31,977,745
Grupo Aeroportuario del Centro Norte SAB de CV, Class B		2,648,573		22,956,345
Grupo Aeroportuario del Pacifico SAB de CV, Class B		3,485,806		51,470,308
Grupo Aeroportuario del Sureste SAB de CV, Class B		1,710,805		50,196,194
Grupo Bimbo SAB de CV, Series A		12,381,002		51,792,566
Grupo Carso SAB de CV, Series A1^(c)		4,925,736		42,615,488
Grupo Financiero Banorte SAB de CV, Class O		23,431,978		242,262,532
Grupo Financiero Inbursa SAB de CV, Class O^(a)		18,089,442		54,880,974
Grupo Mexico SAB de CV, Series B		27,973,920		135,797,242
Grupo Televisa SAB, CPO		20,878,756		12,482,481
Industrias Penoles SAB de CV^(a)(c)		1,688,770		21,161,829
Kimberly-Clark de Mexico SAB de CV, Class A		13,584,575		30,191,044
La Comer SAB de CV		5,555,096		12,987,992
Nemak SAB de CV^(a)(b)		15,812,924		3,228,595
Ollamani SAB, NVS		92,538		156,200
Operadora De Sites Mexicanos SAB de CV		12,703,895		14,765,341
Orbia Advance Corp. SAB de CV		9,027,483		16,694,561
Prologis Property Mexico SA de CV		6,038,493		27,141,643
Promotora y Operadora de Infraestructura SAB de CV		1,812,410		18,836,282
Qualitas Controladora SAB de CV		1,768,678		19,866,724
Regional SAB de CV		2,169,347		20,240,917
TF Administradora Industrial S de Realde CV^(c)		8,571,849		20,478,794
Wal-Mart de Mexico SAB de CV		46,703,676		187,014,734


				1,878,975,693

Netherlands — 0.1%
NEPI Rockcastle NV		4,474,834		31,928,104
Pepco Group NV^(a)(c)		1,376,237		6,906,468


				38,834,572

Peru — 0.3%
Cia. de Minas Buenaventura SAA, ADR		1,890,923		28,552,937
Credicorp Ltd.		608,422		103,967,152
Southern Copper Corp.		769,906		62,254,599


				194,774,688

Philippines — 0.7%
Aboitiz Equity Ventures Inc.		16,656,190		15,708,268
Alliance Global Group Inc.		40,547,800		7,443,801
Ayala Corp.		2,257,695		27,246,521
Ayala Land Inc.		63,729,040		39,720,016
Bank of the Philippine Islands		18,157,448		40,427,995
BDO Unibank Inc.		22,334,185		60,845,101
Bloomberry Resorts Corp.^(a)		46,347,800		9,250,597
Cebu Air Inc.^(a)		3,124,730		1,812,082
Converge Information and Communications Technology Solutions Inc.^(a)		20,782,500		3,328,811
D&L Industries Inc.		35,417,800		4,259,083
DMCI Holdings Inc.		37,947,300		7,398,424
GT Capital Holdings Inc.		940,580		11,762,479
International Container Terminal Services Inc.		9,230,580		47,369,775
JG Summit Holdings Inc.		29,369,201		21,420,213
Jollibee Foods Corp.		4,316,900		21,025,833
Manila Electric Co.		1,991,560		13,816,746
Manila Water Co. Inc.		13,037,800		4,508,669
Megaworld Corp.		118,815,200		4,082,458
Metropolitan Bank & Trust Co.		16,115,543		17,774,271


Security	Shares		Value

Philippines (continued)
PLDT Inc.		683,425	$	15,947,027
Puregold Price Club Inc.		10,067,150		4,924,782
Robinsons Land Corp.		23,788,913		6,928,705
Security Bank Corp.		3,394,470		4,287,243
Semirara Mining & Power Corp., Class A		8,233,000		4,730,515
SM Investments Corp.		2,271,622		38,011,552
SM Prime Holdings Inc.		94,150,896		52,924,812
Universal Robina Corp.		8,303,090		17,285,258
Wilcon Depot Inc.		13,466,200		5,174,240


				509,415,277

Poland — 1.0%
Alior Bank SA^(a)		901,499		21,655,874
Allegro.eu SA ^(a)(b)(c)		4,396,705		35,531,592
AmRest Holdings SE^(a)		821,627		5,149,042
Asseco Poland SA		580,734		10,905,822
Bank Millennium SA^(a)(c)		6,557,644		16,408,071
Bank Polska Kasa Opieki SA		1,668,077		72,350,152
Budimex SA		134,172		24,528,702
CCC SA^(a)(c)		447,462		8,529,354
CD Projekt SA^(c)		582,636		16,013,046
Cyfrowy Polsat SA^(a)(c)		1,966,177		5,774,247
Dino Polska SA^(a)(b)(c)		448,449		52,182,273
Enea SA^(a)		2,773,041		6,791,349
Eurocash SA		993,544		4,200,287
Grupa Azoty SA^(a)(c)		507,937		2,867,094
Grupa Kety SA		58,383		10,310,929
Jastrzebska Spolka Weglowa SA, Class S^(a)(c)		547,965		5,663,404
KGHM Polska Miedz SA		1,227,156		33,167,100
KRUK SA		169,185		17,839,001
LPP SA		10,299		46,270,832
mBank SA^(a)		146,098		25,457,278
Orange Polska SA		5,602,223		11,465,820
ORLEN SA		5,173,459		80,361,011
PGE Polska Grupa Energetyczna SA^(a)		8,013,597		16,014,725
Powszechna Kasa Oszczednosci Bank Polski SA		7,846,255		109,340,712
Powszechny Zaklad Ubezpieczen SA		5,349,961		65,832,454
Santander Bank Polska SA		333,093		45,936,135
Tauron Polska Energia SA^(a)		10,723,471		9,727,580
Warsaw Stock Exchange^(c)		467,667		5,160,454


				765,434,340

Qatar — 0.8%
Al Meera Consumer Goods Co. QSC		1,404,893		4,993,120
Baladna^(a)		10,376,072		3,631,483
Barwa Real Estate Co.		15,689,470		13,163,958
Commercial Bank PSQC (The)		30,078,212		41,718,129
Doha Bank QPSC		14,991,294		6,778,322
Dukhan Bank		11,858,078		13,544,042
Estithmar Holding QPSC^(a)		9,384,731		5,095,782
Gulf International Services QSC		9,147,989		7,205,264
Industries Qatar QSC		14,069,277		49,815,619
Masraf Al Rayan QSC		49,770,228		34,570,566
Medicare Group		1,719,872		2,181,853
Mesaieed Petrochemical Holding Co. QSC		44,246,184		22,933,028
Ooredoo QPSC		6,969,445		21,731,137
Qatar Aluminum Manufacturing Co.		28,593,361		9,964,345
Qatar Electricity & Water Co. QSC		4,726,539		22,413,270
Qatar Fuel QSC		3,661,760		15,014,973
Qatar Gas Transport Co. Ltd.		22,487,466		24,653,959
Qatar International Islamic Bank QSC		9,272,292		29,013,260
Qatar Islamic Bank SAQ		15,588,195		86,137,976


Security	Shares		Value

Qatar (continued)
Qatar National Bank QPSC		42,325,563	$	176,777,273
Qatar Navigation QSC		6,363,551		19,196,232
United Development Co. QSC		21,064,728		5,981,684
Vodafone Qatar QSC		26,066,600		12,366,713


				628,881,988

Russia — 0.0%
Aeroflot PJSC^(a)(d)		12,448,217		1,360
Alrosa PJSC^(a)(d)		22,555,750		2,465
Credit Bank of Moscow PJSC^(a)(d)		131,641,331		14,387
Detsky Mir PJSC^(a)(b)(d)		5,639,776		616
Federal Grid Co. Rosseti PJSC^(a)(d)		2,175,770,000		238
Gazprom PJSC^(a)(d)		101,307,770		11,072
Globaltrans Investment PLC, GDR^(a)(d)(f)		1,523,220		166
Inter RAO UES PJSC^(a)(d)		270,997,905		29,617
LSR Group PJSC, Class A^(d)		498,324		54
LUKOIL PJSC^(a)(d)		3,545,225		387
MMC Norilsk Nickel PJSC^(a)(d)		542,170		59
Mobile TeleSystems PJSC^(a)(d)		7,617,292		832
Moscow Exchange MICEX-RTS PJSC^(a)(d)		12,320,031		1,346
Novatek PJSC^(a)(d)		7,792,960		852
Novolipetsk Steel PJSC^(a)(d)		12,759,568		1,395
OGK-2 PJSC^(d)		319,608,000		34,930
Ozon Holdings PLC, ADR^(a)(d)		453,223		50
PhosAgro PJSC^(a)(d)		409,067		45
PhosAgro PJSC, GDR^(a)(d)(f)		1		—
PhosAgro PJSC, New^(a)(d)		7,905		79
Polyus PJSC^(a)(d)		290,787		32
Ros Agro PLC, GDR^(a)(d)(f)		300,309		33
Rosneft Oil Co. PJSC^(a)(d)		9,721,202		1,062
Rostelecom PJSC^(d)		8,098,021		885
Sberbank of Russia PJSC^(a)(d)		91,862,230		10,040
Segezha Group PJSC^(a)(b)(d)		34,454,100		3,765
Severstal PAO^(a)(d)		1,835,503		201
Sistema AFK PAO^(d)		30,748,700		3,361
Sovcomflot PJSC^(d)		4,464,400		488
Surgutneftegas PJSC^(a)(d)		60,550,132		6,618
Tatneft PJSC^(a)(d)		11,775,415		1,287
TCS Group Holding PLC, GDR^(a)(d)(f)		1,042,828		114
Unipro PJSC^(a)(d)		160,829,082		17,577
United Co. RUSAL International PJSC^(a)(d)		26,465,860		2,892
VK Co. Ltd.^(a)(d)		956,753		105
VTB Bank PJSC^(a)(d)		25,685,534,000		2,807
X5 Retail Group NV, GDR^(a)(d)		1,023,928		112
Yandex NV^(a)(d)		2,640,123		289


				151,618

Saudi Arabia — 4.5%
Abdullah Al Othaim Markets Co.		4,322,820		15,385,538
ACWA Power Co.		862,380		60,715,559
Ades Holding Co.^(a)		1,768,112		9,429,176
Advanced Petrochemical Co.		1,217,444		12,396,162
Al Hammadi Holding		884,519		15,778,856
Al Masane Al Kobra Mining Co.		629,262		9,815,702
Al Moammar Information Systems Co.		206,226		8,006,815
Al Rajhi Bank		17,722,612		420,880,364
Al Rajhi Co. for Co-operative Insurance^(a)		151,488		3,427,894
Al-Dawaa Medical Services Co.		94,325		2,882,649
Aldrees Petroleum and Transport Services Co.		378,583		18,224,804
Alinma Bank		8,966,091		105,237,044
AlKhorayef Water & Power Technologies Co.^(a)		46,735		3,023,201
Almarai Co. JSC		2,278,862		35,729,698
Almunajem Foods Co.		148,895		4,160,786


Security	Shares		Value

Saudi Arabia (continued)
Alujain Corp.^(a)		558,494	$	6,289,320
Anglogold Ashanti PLC, NVS		3,750,060		70,644,981
Arab National Bank		5,875,231		43,684,996
Arabian Cement Co./Saudi Arabia		820,991		7,189,400
Arabian Contracting Services Co.		182,755		12,796,700
Arabian Internet & Communications Services Co.		237,524		23,262,541
Arriyadh Development Co.		1,497,024		9,435,276
Astra Industrial Group		404,315		18,219,672
Bank AlBilad		4,551,226		60,068,602
Bank Al-Jazira^(a)		3,679,143		19,110,893
Banque Saudi Fransi		5,543,515		56,364,237
Bupa Arabia for Cooperative Insurance Co.		746,827		45,694,820
Catrion Catering Holding Co.		472,022		16,815,225
City Cement Co.		975,392		4,972,010
Co. for Cooperative Insurance (The)		745,758		32,214,168
Dallah Healthcare Co.		334,982		16,756,692
Dar Al Arkan Real Estate Development Co.^(a)		4,914,959		18,317,409
Dr Sulaiman Al Habib Medical Services Group Co.		806,348		71,006,739
Eastern Province Cement Co.		668,387		6,394,993
Electrical Industries Co.		4,636,527		5,204,858
Elm Co.		222,709		62,816,989
Emaar Economic City^(a)		4,024,304		8,748,847
Etihad Etisalat Co.		3,532,550		52,089,170
Fawaz Abdulaziz Al Hokair & Co.^(a)		554,498		2,652,506
First Milling Co., NVS		123,050		2,680,419
Herfy Food Services Co.		365,521		3,569,183
Jahez International Co., NVS		100,714		958,721
Jamjoom Pharmaceuticals Factory Co., NVS		186,326		7,169,549
Jarir Marketing Co.		5,404,392		22,463,438
Leejam Sports Co. JSC		283,499		16,282,880
Lumi Rental Co.^(a)		124,080		3,877,603
Maharah Human Resources Co.		1,999,687		3,910,306
Methanol Chemicals Co.^(a)		677,549		3,139,206
Middle East Healthcare Co.^(a)		404,968		13,130,712
Middle East Paper Co.		502,241		5,920,808
Mobile Telecommunications Co. Saudi Arabia		3,950,803		15,696,602
Mouwasat Medical Services Co.		941,738		31,034,792
Nahdi Medical Co.		368,103		13,937,719
National Agriculture Development Co. (The)^(a)		1,872,209		16,528,285
National Gas & Industrialization Co.		478,450		10,937,101
National Industrialization Co.^(a)		3,033,732		10,680,884
National Medical Care Co.		284,277		15,255,210
Perfect Presentation For Commercial Services Co., NVS^(a)		317,345		2,961,650
Power & Water Utility Co. for Jubail & Yanbu		550,712		11,173,038
Qassim Cement Co. (The)		548,522		8,702,520
Rabigh Refining & Petrochemical Co.^(a)		191,292		421,998
Reinet Investments SCA		1,331,654		33,606,559
Retal Urban Development Co., NVS		862,979		2,197,544
Riyad Bank		13,236,598		109,891,540
SABIC Agri-Nutrients Co.		2,110,274		70,550,332
Sahara International Petrochemical Co.		3,373,829		27,568,921
Saudi Arabian Mining Co.^(a)		11,704,899		155,322,568
Saudi Arabian Oil Co.^(b)		23,531,102		198,952,446
Saudi Aramco Base Oil Co.		405,004		18,168,073
Saudi Automotive Services Co.		228,538		5,753,531
Saudi Awwal Bank		8,957,511		98,634,693
Saudi Basic Industries Corp.		8,060,208		169,336,949
Saudi Cement Co.		699,000		8,704,184
Saudi Ceramic Co.		519,972		4,294,051


Security	Shares		Value

Saudi Arabia (continued)
Saudi Chemical Co. Holding		2,871,685	$	4,101,194
Saudi Electricity Co.		7,510,277		40,090,336
Saudi Ground Services Co.^(a)		1,229,980		13,577,893
Saudi Industrial Investment Group		2,998,215		16,574,920
Saudi Investment Bank (The)		4,351,602		18,801,883
Saudi Kayan Petrochemical Co.^(a)		6,667,389		17,156,042
Saudi National Bank (The)		26,535,894		299,888,150
Saudi Pharmaceutical Industries & Medical Appliances Corp.^(a)		761,382		7,770,546
Saudi Real Estate Co.^(a)		2,149,403		11,504,943
Saudi Research & Media Group^(a)		354,843		23,433,229
Saudi Tadawul Group Holding Co.		442,207		28,548,648
Saudi Telecom Co.		18,061,776		204,451,941
Saudia Dairy & Foodstuff Co.		188,872		19,142,528
Savola Group (The)		2,306,412		32,594,682
Seera Group Holding^(a)		1,759,017		15,665,725
Southern Province Cement Co.		709,066		7,553,312
Theeb Rent A Car Co.		340,184		6,707,695
United Electronics Co.		479,540		12,224,240
United International Transportation Co.		495,607		11,680,326
Yamama Cement Co.		1,261,502		12,139,002
Yanbu Cement Co.		1,017,940		8,550,012
Yanbu National Petrochemical Co.		2,323,764		23,190,413


				3,354,606,967

South Africa — 2.6%
Absa Group Ltd.		7,555,810		64,502,247
Adcock Ingram Holdings Ltd.		784,597		2,294,476
AECI Ltd.		1,415,190		7,172,409
African Rainbow Minerals Ltd.		1,057,984		9,313,348
Anglo American Platinum Ltd.		587,202		22,588,875
Aspen Pharmacare Holdings Ltd.		3,411,676		34,862,064
Astral Foods Ltd.^(c)		538,009		4,114,450
AVI Ltd.		2,475,287		11,540,155
Barloworld Ltd.		1,732,262		6,073,755
Bid Corp. Ltd.		3,084,995		72,170,868
Bidvest Group Ltd. (The)		2,604,819		31,733,160
Capitec Bank Holdings Ltd.		783,548		82,552,801
Clicks Group Ltd.		2,231,923		34,920,635
Coronation Fund Managers Ltd.		3,025,142		4,922,559
DataTec Ltd.		2,139,685		4,490,215
Dis-Chem Pharmacies Ltd.^(b)		4,366,349		6,952,466
Discovery Ltd.		4,806,038		34,085,015
DRDGOLD Ltd.		5,450,845		3,699,118
Equites Property Fund Ltd.^(c)		9,250,653		6,319,917
Exxaro Resources Ltd.		2,256,014		20,933,793
FirstRand Ltd.		44,798,391		151,557,135
Fortress REIT Ltd., Series B, Class B^(a)(c)		12,693,310		10,999,104
Foschini Group Ltd. (The)		2,986,687		16,311,367
Gold Fields Ltd.		8,050,656		106,054,777
Grindrod Ltd.		7,242,799		4,871,330
Growthpoint Properties Ltd.		33,228,935		20,287,322
Harmony Gold Mining Co. Ltd.		5,177,541		30,097,267
Impala Platinum Holdings Ltd.		7,810,276		26,504,773
Investec Ltd.		2,687,677		16,902,377
JSE Ltd.		1,076,355		4,918,235
Kumba Iron Ore Ltd.		589,203		16,494,919
Life Healthcare Group Holdings Ltd.		12,497,816		11,435,697
Momentum Metropolitan Holdings		10,499,663		11,408,393
Motus Holdings Ltd.		1,474,947		7,124,809
Mr. Price Group Ltd.		2,220,202		19,688,865
MTN Group Ltd.		15,289,774		66,563,928
MultiChoice Group^(a)(c)		2,644,031		14,393,289


Security	Shares		Value

South Africa (continued)
Naspers Ltd., Class N		1,656,794	$	272,545,204
Nedbank Group Ltd.		3,877,816		44,363,382
Netcare Ltd.		10,287,900		7,273,406
Ninety One Ltd.		2,521,781		5,143,330
Northam Platinum Holdings Ltd.		3,224,256		18,437,768
Oceana Group Ltd.		799,025		2,969,467
Old Mutual Ltd.		45,098,017		28,068,228
Omnia Holdings Ltd.		1,485,975		4,834,455
OUTsurance Group Ltd., NVS		6,958,124		15,106,167
Pepkor Holdings Ltd.^(b)(c)		13,884,789		13,515,590
Pick n Pay Stores Ltd.^(c)		3,580,582		3,778,466
PSG Financial Services Ltd.		5,550,610		4,395,921
Redefine Properties Ltd.^(c)		57,935,570		12,092,392
Remgro Ltd.		4,518,425		34,267,471
Resilient REIT Ltd.		4,487,819		11,030,020
Reunert Ltd.		1,983,858		6,741,807
Sanlam Ltd.		16,042,593		61,518,911
Santam Ltd.		267,080		4,215,074
Sappi Ltd.		5,099,053		12,274,415
Sasol Ltd.		5,120,473		38,589,719
Shoprite Holdings Ltd.		4,562,825		61,429,232
Sibanye Stillwater Ltd.		25,355,741		26,133,920
SPAR Group Ltd. (The)^(a)		1,588,370		8,086,774
Standard Bank Group Ltd.		11,954,415		125,789,366
Super Group Ltd./South Africa		4,424,518		6,092,363
Telkom SA SOC Ltd.^(a)		3,166,263		4,770,855
Thungela Resources Ltd.		1,187,660		6,501,788
Tiger Brands Ltd.		1,436,747		14,944,266
Truworths International Ltd.^(c)		3,234,773		12,121,123
Vodacom Group Ltd.		5,498,627		26,954,166
Vukile Property Fund Ltd.		11,454,723		8,820,973
Wilson Bayly Holmes-Ovcon Ltd.^(a)		688,068		4,665,445
Woolworths Holdings Ltd./South Africa		8,808,458		29,470,216


				1,937,797,593

South Korea — 12.0%
ABLBio Inc.^(a)(c)		378,134		6,462,977
Advanced Nano Products Co. Ltd.^(a)(c)		85,647		8,997,811
AfreecaTV Co. Ltd.		81,895		7,923,351
Ahnlab Inc.^(c)		65,640		3,529,888
Alteogen Inc.^(a)		335,310		40,353,351
Amorepacific Corp.^(c)		259,620		23,344,344
Amorepacific Group		261,577		5,246,022
Ananti Inc.^(a)(c)		893,122		4,223,652
Asiana Airlines Inc.^(a)		435,531		3,808,574
BGF retail Co. Ltd.		71,537		7,098,237
BH Co. Ltd.^(c)		281,691		3,621,945
Bioneer Corp.^(a)(c)		223,061		4,105,694
BNK Financial Group Inc.		2,081,802		11,738,324
Boryung^(c)		408,246		3,652,840
Canariabio Inc.^(a)(c)		709,241		529,427
Caregen Co. Ltd.^(c)		79,409		1,391,678
Cellivery Therapeutics Inc.^(a)(c)(d)		290,576		1,166,145
Celltrion Inc.		1,375,171		185,973,169
Celltrion Pharm Inc.^(a)(c)		170,391		14,200,142
Chabiotech Co. Ltd.^(a)(c)		525,626		6,616,359
Cheil Worldwide Inc.		476,406		6,618,466
Chong Kun Dang Pharmaceutical Corp.^(c)		88,829		7,213,843
Chunbo Co. Ltd.^(a)(c)		48,344		3,290,142
CJ CGV Co. Ltd.^(a)		652,279		3,030,800
CJ CheilJedang Corp.		69,355		15,630,250
CJ Corp.^(a)		122,390		8,913,913
CJ ENM Co. Ltd.^(a)		97,474		5,819,188


Security	Shares		Value

South Korea (continued)
CJ Logistics Corp.^(a)		88,884	$	8,306,487
Classys Inc.^(c)		203,326		4,917,023
Com2uSCorp.^(c)		96,961		3,109,269
Cosmax Inc.^(a)		82,484		6,668,603
CosmoAM&T Co. Ltd.^(a)		225,049		30,079,262
Cosmochemical Co. Ltd.^(a)(c)		273,721		7,236,479
Coway Co. Ltd.		443,646		18,057,396
Creative & Innovative System^(a)(c)		574,298		4,801,314
CS Wind Corp.		227,957		8,872,789
Cuckoo Homesys Co. Ltd.^(a)		71,844		1,083,093
Curexo Inc.^(a)		219,387		2,461,091
Daeduck Electronics Co. Ltd./New^(a)		361,129		6,060,132
Daejoo Electronic Materials Co. Ltd.^(a)(c)		128,302		7,269,824
Daesang Corp.^(a)		308,337		4,551,711
Daewoo Engineering & Construction Co. Ltd.^(a)(c)		1,924,857		5,759,385
Daewoong Co. Ltd.		204,307		3,373,877
Daewoong Pharmaceutical Co. Ltd.		54,737		4,712,950
Daishin Securities Co. Ltd.^(a)		439,020		5,418,659
Daou Technology Inc.		317,670		5,187,479
Dawonsys Co. Ltd.^(a)(c)		367,245		3,555,396
DB HiTek Co. Ltd.		304,443		10,640,858
DB Insurance Co. Ltd.^(a)		428,667		31,809,039
Dentium Co. Ltd.^(a)		72,028		7,815,607
Devsisters Co. Ltd.^(a)(c)		78,823		2,460,750
DGB Financial Group Inc.		1,167,611		7,773,318
DI Dong Il Corp.		82,502		1,773,105
DL E&C Co. Ltd.		271,497		7,556,108
DL Holdings Co. Ltd.^(a)		118,530		4,237,389
Dong-A Socio Holdings Co. Ltd.		42,215		3,454,152
Dong-A ST Co. Ltd.^(c)		83,392		4,697,604
Dongjin Semichem Co. Ltd.^(a)(c)		330,296		9,269,911
DongKook Pharmaceutical Co. Ltd.^(c)		316,630		3,927,019
Dongkuk Steel Mill Co. Ltd/New		516,139		5,017,231
Dongsuh Companies Inc.		373,255		4,901,570
Dongwha Enterprise Co. Ltd.^(a)(c)		47,285		2,449,372
Dongwon F&B Co. Ltd.^(a)		59,970		1,433,856
Doosan Bobcat Inc.		497,837		17,576,443
Doosan Co. Ltd.^(a)		73,142		5,009,396
Doosan Enerbility Co. Ltd.^(a)		3,997,895		48,796,167
Doosan Fuel Cell Co. Ltd.^(a)(c)		438,151		6,548,341
Doosan Tesna Inc.^(a)(c)		96,757		3,114,166
DoubleUGames Co. Ltd.		131,490		4,577,956
Douzone Bizon Co. Ltd.^(a)		190,644		6,533,431
Dreamtech Co. Ltd.^(a)		201,429		1,665,465
Duk San Neolux Co. Ltd.^(a)(c)		147,342		4,308,086
Ecopro BM Co. Ltd.^(a)(c)		444,587		89,358,677
Ecopro Co. Ltd.^(a)(c)		180,440		84,154,653
Ecopro HN Co. Ltd.		112,575		5,075,399
Ecopro Materials Co. Ltd.^(a)		83,136		12,055,844
E-MART Inc.^(a)		133,382		7,419,327
EMRO Inc., NVS		60,618		2,464,633
EM-Tech Co. Ltd.		135,628		3,694,689
Enchem Co. Ltd.^(a)(c)		79,162		16,731,130
Eo Technics Co. Ltd.^(a)(c)		83,621		12,900,035
Eoflow Co. Ltd.^(a)		152,631		590,588
ESR Kendall Square REIT Co. Ltd.		719,516		2,154,407
Eugene Technology Co. Ltd.^(c)		207,207		5,875,485
F&F Co. Ltd./New		136,955		7,455,950
Fila Holdings Corp.^(c)		435,239		12,544,196
Foosung Co. Ltd.^(a)(c)		594,290		3,732,385
Gaonchips Co. Ltd.^(a)		46,501		3,719,102


Security	Shares		Value

South Korea (continued)
GC Cell Corp.		117,005	$	3,489,775
GemVax & Kael Co. Ltd.^(a)(c)		369,518		3,403,119
GOLFZON Co. Ltd.^(a)(c)		49,274		2,904,941
Grand Korea Leisure Co. Ltd.^(c)		403,146		3,797,813
Green Cross Corp.		56,428		4,996,411
Green Cross Holdings Corp.^(c)		215,318		2,664,547
GS Engineering & Construction Corp.^(a)		564,651		6,773,690
GS Holdings Corp.		350,748		12,660,863
GS Retail Co. Ltd.		389,924		6,534,493
HAESUNG DS Co. Ltd.		121,858		4,236,046
Hana Financial Group Inc.		2,630,588		111,925,968
Hana Materials Inc.^(c)		103,591		3,708,515
Hana Micron Inc.^(a)(c)		358,312		6,993,426
Hana Technology Co. Ltd., NVS^(a)		39,378		1,695,317
Hana Tour Service Inc.^(a)		152,160		7,523,690
Hanall Biopharma Co. Ltd.^(a)(c)		335,256		8,771,639
Hancom Inc.		140,740		2,478,487
Handsome Co. Ltd.		147,304		2,113,397
Hanil Cement Co. Ltd./New		297,096		2,713,358
Hanjin Kal Corp.		143,260		6,799,363
Hankook & Co. Co. Ltd.		310,160		3,968,057
Hankook Tire & Technology Co. Ltd.		658,091		26,810,811
Hanmi Pharm Co. Ltd.^(a)		61,004		15,310,682
Hanmi Science Co. Ltd.^(a)		196,076		6,071,306
Hanmi Semiconductor Co. Ltd.^(a)		401,828		25,708,928
Hanon Systems		1,683,791		7,801,987
Hansae Co. Ltd.		213,969		3,281,347
Hansol Chemical Co. Ltd.^(a)		81,859		10,491,433
Hanssem Co. Ltd.		99,882		3,635,936
Hanwha Aerospace Co. Ltd.		328,902		46,346,969
Hanwha Corp.		331,143		7,328,820
Hanwha Investment & Securities Co. Ltd.^(a)		1,164,703		3,897,316
Hanwha Life Insurance Co. Ltd.^(a)		3,508,668		8,314,767
Hanwha Ocean Co. Ltd.^(a)		582,361		10,336,472
Hanwha Solutions Corp.		916,289		19,133,202
Hanwha Systems Co. Ltd.		762,396		9,562,140
HD Hyundai Co. Ltd.		388,340		20,643,543
HD Hyundai Construction Equipment Co. Ltd.		125,059		5,064,366
HD Hyundai Electric Co. Ltd.		211,704		19,831,134
HD Hyundai Heavy Industries Co. Ltd.^(a)		197,825		17,542,209
HD Hyundai Infracore Co. Ltd.		1,198,168		7,256,039
HD Korea Shipbuilding & Offshore Engineering Co. Ltd.^(a)		379,590		31,932,244
HDC Hyundai Development Co-Engineering & Construction, Class E		418,874		6,255,008
Hite Jinro Co. Ltd.		370,012		5,553,147
HK inno N Corp.^(a)(c)		134,118		3,858,075
HL Mando Co. Ltd.		273,872		6,837,676
HLB Inc.^(a)(c)		1,064,887		65,330,479
HLB Life Science Co. Ltd.^(a)(c)		841,102		8,918,730
HMM Co. Ltd.^(a)		2,209,772		30,318,148
Hotel Shilla Co. Ltd.		271,573		12,276,588
HPSP Co. Ltd.^(c)		342,564		13,260,453
HSD Engine Co. Ltd.^(a)		509,626		3,494,031
Hugel Inc.^(a)(c)		71,423		9,846,342
HYBE Co. Ltd.		189,960		28,450,587
Hyosung Advanced Materials Corp.		25,906		6,499,326
Hyosung Corp.		104,277		4,685,337
Hyosung Heavy Industries Corp.		44,893		6,498,577
Hyosung TNC Corp.^(c)		25,715		5,596,787
Hyundai Bioscience Co. Ltd.^(a)(c)		356,059		5,546,953
Hyundai Department Store Co. Ltd.		153,580		6,052,308


Security	Shares		Value

South Korea (continued)
Hyundai Elevator Co. Ltd.^(a)(c)		265,073	$	7,946,185
Hyundai Engineering & Construction Co. Ltd.^(a)		633,344		16,520,176
Hyundai Glovis Co. Ltd.^(a)		168,341		24,100,489
Hyundai Home Shopping Network Corp.		62,548		2,200,564
Hyundai Marine & Fire Insurance Co. Ltd.^(a)		504,436		11,930,773
Hyundai Mipo Dockyard Co. Ltd.^(a)		217,140		10,279,007
Hyundai Mobis Co. Ltd.		540,196		98,530,487
Hyundai Motor Co.		1,235,975		232,693,821
Hyundai Rotem Co. Ltd.		687,605		17,314,424
Hyundai Steel Co.^(a)		824,583		22,292,770
Hyundai Wia Corp.^(a)		176,976		8,008,241
Il Dong Pharmaceutical Co. Ltd.^(a)		158,724		1,874,896
Iljin Hysolus Co. Ltd.^(a)(c)		127,678		2,257,634
Industrial Bank of Korea^(a)		2,171,766		22,855,557
Innocean Worldwide Inc.		208,722		3,437,435
Innox Advanced Materials Co. Ltd.^(c)		156,819		3,738,533
Intellian Technologies Inc.^(a)(c)		99,553		4,099,404
INTOPS Co. Ltd.^(c)		116,548		2,543,107
IS Dongseo Co. Ltd.		171,085		3,562,632
ISC Co. Ltd.^(c)		104,187		5,650,451
i-SENS Inc.		104,969		1,808,823
ISU Specialty Chemical, NVS^(a)		39,707		9,783,551
IsuPetasys Co. Ltd.		412,183		9,511,615
JB Financial Group Co. Ltd.		1,232,736		12,183,771
Jeisys Medical Inc.^(a)		527,614		3,126,842
Jeju Air Co. Ltd.^(a)		411,273		3,438,017
Jeju Semiconductor Corp.^(a)		99,700		2,029,040
Jusung Engineering Co. Ltd.^(c)		333,105		9,216,628
JW Pharmaceutical Corp.		166,188		4,115,918
JYP Entertainment Corp.^(a)		267,095		14,803,649
Kakao Corp.		2,800,624		112,411,418
Kakao Games Corp.^(a)		332,472		5,872,861
KakaoBank Corp.^(c)		1,529,291		32,771,646
Kakaopay Corp.^(a)(c)		241,223		7,995,124
Kangwon Land Inc.^(a)		614,544		8,029,262
KB Financial Group Inc.		3,439,627		164,050,237
KCC Corp.		45,557		9,094,600
KCC Glass Corp.		118,075		3,639,966
KEPCO Engineering & Construction Co. Inc.^(a)		149,729		7,983,365
KEPCO Plant Service & Engineering Co. Ltd.^(a)		252,573		7,063,248
KG Dongbusteel		262,847		1,482,344
KG Mobility Co.^(a)(c)		474,687		2,942,205
Kia Corp.^(a)		2,347,365		219,825,841
KIWOOM Securities Co. Ltd.^(a)		119,516		11,297,313
KMW Co. Ltd.^(a)(c)		279,335		2,985,074
Koh Young Technology Inc.^(c)		570,347		8,245,463
Kolmar BNH Co. Ltd.^(a)(c)		136,823		1,587,493
Kolmar Korea Co. Ltd.^(a)(c)		181,188		6,464,911
Kolon Industries Inc.		191,155		5,575,212
Korea Aerospace Industries Ltd.^(a)		673,556		25,988,865
Korea Electric Power Corp.^(a)		2,258,703		42,058,359
Korea Gas Corp.^(a)		197,257		4,298,721
Korea Investment Holdings Co. Ltd.^(a)		322,491		17,223,956
Korea Line Corp.^(a)		1,803,878		2,783,846
Korea Petrochemical Ind Co. Ltd.^(c)		37,899		4,059,966
Korea Zinc Co. Ltd.		74,579		25,074,362
Korean Air Lines Co. Ltd.		1,676,629		28,965,956
Korean Reinsurance Co.^(a)		1,390,089		8,404,395
Krafton Inc.^(a)		254,997		43,582,902
KT Corp.		388,291		11,389,621
KT&G Corp.^(c)		907,412		63,377,923
Kum Yang Co. Ltd.^(a)(c)		305,490		22,164,433


Security	Shares		Value

South Korea (continued)
Kumho Petrochemical Co. Ltd.^(a)		147,695	$	16,402,556
Kumho Tire Co. Inc.^(a)(c)		1,339,342		6,347,112
Kyung Dong Navien Co. Ltd.		102,716		4,095,945
L&C Bio Co. Ltd.^(c)		231,796		4,144,337
L&F Co. Ltd.^(a)(c)		233,080		29,774,300
Lake Materials Co. Ltd.^(a)		358,605		5,638,478
LEENO Industrial Inc.		83,485		13,079,474
LegoChem Biosciences Inc.^(a)(c)		247,865		9,895,201
LG Chem Ltd.		441,065		150,648,433
LG Corp.		821,930		57,854,826
LG Display Co. Ltd.^(a)(c)		2,000,303		17,072,107
LG Electronics Inc.		943,751		67,466,610
LG Energy Solution Ltd.^(a)(c)		420,292		127,016,512
LG H&H Co. Ltd.		81,096		19,477,907
LG Innotek Co. Ltd.		126,071		19,158,660
LG Uplus Corp.		1,291,870		10,019,709
LIG Nex1 Co. Ltd.		113,306		12,204,133
Lotte Chemical Corp.		164,725		15,146,299
Lotte Chilsung Beverage Co. Ltd.		45,798		4,320,664
Lotte Corp.		132,853		3,013,037
Lotte Energy Materials Corp.		225,496		5,910,945
Lotte Fine Chemical Co. Ltd.		177,133		6,324,207
LOTTE REIT Co. Ltd.		1,788,287		4,204,494
Lotte Rental Co. Ltd.		111,219		2,256,278
Lotte Shopping Co. Ltd.		108,454		6,326,294
Lotte Tour Development Co. Ltd.^(a)(c)		449,299		3,054,778
Lotte Wellfood Co. Ltd.^(c)		29,595		2,917,863
LS Corp.		161,583		10,684,027
LS Electric Co. Ltd.		149,101		7,189,491
Lunit Inc.^(a)		172,533		7,915,803
LX Holdings Corp.^(c)		615,968		3,202,908
LX International Corp.		298,509		6,162,089
LX Semicon Co. Ltd.		110,750		6,275,471
Mcnex Co. Ltd.		147,794		2,826,346
Medytox Inc.		49,279		5,863,324
MegaStudyEdu Co. Ltd.^(c)		103,737		4,843,332
Meritz Financial Group Inc.		929,101		57,988,902
Mezzion Pharma Co. Ltd.^(a)(c)		206,322		6,263,380
Mirae Asset Securities Co. Ltd.^(a)		1,979,897		13,435,874
MNTech Co. Ltd.^(a)(c)		260,481		4,391,640
Myoung Shin Industrial Co. Ltd.^(a)(c)		385,158		4,665,447
Naturecell Co. Ltd.^(a)(c)		559,140		2,928,397
NAVER Corp.		1,165,057		171,066,572
NCSoft Corp.		125,545		18,310,933
Neowiz Games Corp.^(c)		132,670		2,209,156
Netmarble Corp.^(a)(b)		237,853		11,044,527
Nexen Tire Corp.^(a)		370,470		2,589,061
Nexon Games Co. Ltd.^(a)(c)		296,389		3,104,222
NEXTIN Inc.^(a)(c)		44,244		2,540,219
NH Investment & Securities Co. Ltd.^(a)		922,289		8,143,522
NHN Corp.		198,391		3,959,456
NICE Holdings Co. Ltd.^(a)		271,641		2,619,308
NICE Information Service Co. Ltd.^(a)		399,641		3,216,599
NKMax Co. Ltd.^(a)(c)		821,636		1,003,261
NongShim Co. Ltd.^(c)		30,450		7,952,280
OCI Co. Ltd.		55,181		3,507,965
OCI Holdings Co. Ltd.		118,920		8,405,325
Orion Corp./Republic of Korea		207,137		14,447,054
Orion Holdings Corp.		279,897		3,006,428
Oscotec Inc.^(a)(c)		310,994		5,189,750
Ottogi Corp.		18,591		5,602,871
Pan Ocean Co. Ltd.		2,300,324		8,422,335


Security	Shares		Value

South Korea (continued)
Paradise Co. Ltd.^(c)		503,906	$	4,795,515
Park Systems Corp.^(c)		66,446		8,624,598
Partron Co. Ltd.		580,062		3,428,799
Pearl Abyss Corp.^(a)		247,941		5,667,576
People & Technology Inc.^(a)(c)		186,685		5,678,516
Peptron Inc.^(a)		151,368		2,620,094
PharmaResearch Co. Ltd.^(c)		80,109		5,665,193
PI Advanced Materials Co. Ltd.^(a)(c)		177,681		2,811,554
Poongsan Corp.		279,146		9,053,419
Posco DX Co. Ltd.^(a)(c)		492,132		20,082,483
POSCO Future M Co. Ltd.^(a)(c)		281,667		67,325,870
POSCO Holdings Inc.		647,386		210,396,418
Posco International Corp.^(a)		481,424		20,420,384
Posco M-Tech Co. Ltd.^(a)(c)		162,770		2,998,847
PSK Inc.		243,242		4,650,528
Rainbow Robotics^(a)(c)		83,721		10,179,066
S&S Tech Corp.^(c)		192,730		6,390,505
S-1 Corp.		161,252		7,028,076
Sam Chun Dang Pharm Co. Ltd.^(a)(c)		143,375		7,708,889
Sam-A Aluminum Co. Ltd.		46,680		3,478,413
Sambu Engineering & Construction Co. Ltd.^(a)		1,688,999		3,063,182
Samsung Biologics Co. Ltd.^(a)(b)		159,224		92,647,487
Samsung C&T Corp.		726,542		85,538,608
Samsung Electro-Mechanics Co. Ltd.		483,764		50,979,542
Samsung Electronics Co. Ltd.		42,958,333		2,370,993,918
Samsung Engineering Co. Ltd.^(a)		1,432,031		26,485,629
Samsung Fire & Marine Insurance Co. Ltd.^(a)		277,206		62,038,421
Samsung Heavy Industries Co. Ltd.^(a)		5,987,215		35,594,308
Samsung Life Insurance Co. Ltd.		712,886		51,891,629
Samsung SDI Co. Ltd.^(c)		491,342		139,585,904
Samsung SDS Co. Ltd.		306,725		36,896,152
Samsung Securities Co. Ltd.		471,161		14,725,190
Samyang Foods Co. Ltd.		46,123		5,920,192
Samyang Holdings Corp.		46,866		2,566,173
SD Biosensor Inc.^(a)(c)		341,758		3,221,497
Sebang Global Battery Co. Ltd.		80,763		4,831,665
Seegene Inc.		349,664		6,539,456
Seobu T&D^(c)		684,082		3,848,056
Seojin System Co. Ltd.^(a)(c)		327,434		5,040,866
Seoul Semiconductor Co. Ltd.^(a)(c)		500,426		3,748,444
SFA Engineering Corp.^(c)		259,629		4,872,697
SFA Semicon Co. Ltd.^(a)(c)		946,766		4,270,268
Shin Poong Pharmaceutical Co. Ltd.^(a)(c)		321,774		2,910,807
Shinhan Financial Group Co. Ltd.		3,878,794		126,796,146
Shinsegae Inc.		53,386		7,013,103
Shinsegae International Inc.^(c)		157,537		1,954,633
Shinsung Delta Tech Co. Ltd.		135,276		12,495,455
Shinyoung Securities Co. Ltd.		7,976		395,925
SIMMTECH Co. Ltd.^(a)(c)		246,891		5,301,438
SK Biopharmaceuticals Co. Ltd.^(a)(c)		277,301		20,209,372
SK Bioscience Co. Ltd.^(a)(c)		222,811		10,296,723
SK Chemicals Co. Ltd.		114,417		5,842,835
SK D&D Co. Ltd.^(d)		100,101		1,856,785
SK Discovery Co. Ltd.		122,075		4,012,558
SK Gas Ltd.		39,381		4,687,510
SK Hynix Inc.		4,903,303		578,023,084
SK IE Technology Co. Ltd.^(a)(b)		223,092		12,305,192
SK Inc.		298,021		42,987,938
SK Innovation Co. Ltd.^(a)		541,894		47,810,190
SK Networks Co. Ltd.^(a)		1,561,199		7,688,658
SK oceanplant Co. Ltd.^(a)(c)		439,141		4,292,438
SK REITs Co. Ltd.		566,314		1,653,456


Security	Shares		Value

South Korea (continued)
SK Square Co. Ltd.^(a)(c)		895,344	$	46,981,085
SK Telecom Co. Ltd.		370,573		14,668,853
SKC Co. Ltd.^(a)		161,498		10,062,486
SL Corp.^(c)		175,464		4,460,049
SM Entertainment Co. Ltd.		105,008		6,180,247
SNT Motiv Co. Ltd.		98,945		3,305,304
S-Oil Corp.		387,252		22,247,441
SOLUM Co. Ltd.^(a)		423,920		9,240,685
Solus Advanced Materials Co. Ltd.		370,606		3,374,592
Soulbrain Co. Ltd.^(c)		47,450		9,726,663
SPG Co. Ltd.		152,780		3,324,153
Ssangyong C&E Co. Ltd.		1,436,803		7,531,455
ST Pharm Co. Ltd.^(c)		115,640		5,519,486
STCUBE^(a)(c)		468,220		2,216,243
Studio Dragon Corp.^(a)(c)		124,720		4,243,824
Sungeel Hitech Co. Ltd.^(a)(c)		39,399		2,907,787
Sungwoo Hitech Co. Ltd.^(c)		502,205		3,714,670
Synopex Inc.^(a)		693,930		4,601,533
Taihan Electric Wire Co. Ltd.^(a)(c)		612,351		4,319,298
TCC Steel^(a)		154,814		7,904,081
Tera Resource Co. Ltd.^(a)(d)		49,111		—
TKG Huchems Co. Ltd.		288,395		4,344,382
Tokai Carbon Korea Co. Ltd.^(c)		55,096		3,922,695
Tongyang Life Insurance Co. Ltd.^(a)		633,193		2,771,241
Unid Co. Ltd.		36,691		2,146,888
Vaxcell-Bio Therapeutics Co. Ltd.^(a)		175,375		2,527,623
Voronoi Inc.^(a)		56,108		1,883,400
VT Co. Ltd.^(a)		181,279		2,267,274
Webzen Inc.		156,475		1,961,060
Wemade Co. Ltd.^(a)		187,036		6,562,377
Won Tech Co. Ltd.^(a)		314,279		2,003,061
Wonik Holdings Co. Ltd.^(a)		1		3
WONIK IPS Co. Ltd.^(a)(c)		308,476		7,621,411
Wonik QnC Corp.^(a)(c)		209,056		4,418,850
Woori Financial Group Inc.		5,418,958		60,718,692
W-Scope Chungju Plant Co. Ltd.^(a)		108,444		3,677,890
Wysiwyg Studious Co. Ltd.^(a)(c)		1,273,355		2,640,388
YG Entertainment Inc.^(c)		130,216		4,008,042
Youlchon Chemical Co. Ltd.		142,900		4,456,104
Youngone Corp.^(a)		216,907		7,162,755
Youngone Holdings Co. Ltd.		69,775		4,784,648
Yuanta Securities Korea Co. Ltd.^(a)		1,125,123		2,269,675
Yuhan Corp.		505,124		25,620,845
Yunsung F&C Co. Ltd.		25,391		1,757,469


				8,963,177,452

Taiwan — 17.5%
Ability Opto-Electronics Technology Co. Ltd.^(c)		533,000		4,783,237
AcBel Polytech Inc.^(c)		4,987,565		6,729,257
Accton Technology Corp.		4,618,000		75,995,818
Acer Inc.^(c)		26,348,872		37,683,383
Acter Group Corp. Ltd.		639,000		3,943,690
Actron Technology Corp.^(c)		837,548		4,464,492
ADATA Technology Co. Ltd.^(c)		2,956,845		9,354,077
Adimmune Corp.^(a)(c)		3,467,000		3,230,542
Advanced Ceramic X Corp.^(c)		444,000		3,176,904
Advanced Energy Solution Holding Co. Ltd.^(c)		294,000		6,639,426
Advanced Wireless Semiconductor Co.^(a)(c)		1,536,000		6,866,178
Advantech Co. Ltd.^(c)		3,932,584		48,535,801
AIC Inc.^(c)		174,000		2,356,952
Airoha Technology Corp., NVS		272,000		5,954,666
Airtac International Group^(c)		1,259,292		48,247,557
Alchip Technologies Ltd.^(c)		666,000		87,367,510


Security	Shares		Value

Taiwan (continued)
Alexander Marine Co. Ltd.^(c)		278,000	$	3,188,773
Allied Supreme Corp.^(c)		447,000		5,739,727
Allis Electric Co. Ltd.		450,000		1,423,623
Amazing Microelectronic Corp.^(c)		888,448		3,279,206
Ambassador Hotel (The)		1,021,000		1,556,880
Andes Technology Corp.^(c)		418,000		6,572,888
AP Memory Technology Corp.^(c)		891,000		12,841,576
Apex International Co. Ltd.^(c)		1,327,000		1,928,512
Arcadyan Technology Corp.^(c)		1,855,391		10,821,929
Ardentec Corp.^(c)		4,835,546		10,860,107
ASE Technology Holding Co. Ltd.		28,081,222		123,968,520
Asia Cement Corp.^(c)		19,033,050		24,363,444
Asia Optical Co. Inc.^(c)		2,929,000		6,222,514
Asia Vital Components Co. Ltd.^(c)		2,998,884		50,588,050
ASMedia Technology Inc.^(c)		252,000		18,809,544
ASPEED Technology Inc.^(c)		283,800		24,580,759
ASROCK Inc.		556,000		4,467,002
Asustek Computer Inc.		6,375,000		91,855,190
AUO Corp.		58,805,400		32,614,770
AURAS Technology Co. Ltd.^(c)		520,000		8,787,529
Bank of Kaohsiung Co. Ltd.^(a)(c)		29,244,396		10,501,635
BES Engineering Corp.^(c)		21,216,000		8,192,570
Bizlink Holding Inc.^(c)		1,132,726		8,702,228
Bora Pharmaceuticals Co. Ltd.^(c)		514,099		10,880,660
Brighton-Best International Taiwan Inc.^(c)		5,087,000		5,461,712
Capital Securities Corp.		24,993,050		13,255,254
Career Technology MFG. Co. Ltd.^(c)		5,287,124		3,489,692
Catcher Technology Co. Ltd.		5,316,000		33,121,947
Cathay Financial Holding Co. Ltd.		82,118,951		117,170,300
Cathay Real Estate Development Co. Ltd.		8,825,900		5,166,635
Center Laboratories Inc.^(c)		4,976,770		7,499,764
Century Iron & Steel Industrial Co. Ltd.^(c)		1,686,000		13,732,892
Chailease Holding Co. Ltd.^(c)		13,474,776		74,500,019
Chang Hwa Commercial Bank Ltd.		45,708,508		25,754,696
Channel Well Technology Co. Ltd.^(c)		2,034,000		5,284,261
Charoen Pokphand Enterprise		3,079,700		9,466,892
Chenbro Micom Co. Ltd.^(c)		493,000		4,140,909
Cheng Loong Corp.^(c)		9,377,000		8,602,432
Cheng Shin Rubber Industry Co. Ltd.		15,386,650		22,871,702
Cheng Uei Precision Industry Co. Ltd.		4,101,000		5,899,702
Chicony Electronics Co. Ltd.^(c)		4,871,787		28,920,412
Chicony Power Technology Co. Ltd.		1,534,000		8,238,323
Chief Telecom Inc.		370,300		4,247,671
China Airlines Ltd.^(c)		26,925,000		17,051,657
China Bills Finance Corp.^(c)		16,643,000		7,686,769
China Development Financial Holding Corp.^(a)(c)		141,660,649		56,309,354
China General Plastics Corp.^(c)		4,140,386		2,666,091
China Man-Made Fiber Corp.^(a)(c)		18,761,574		4,586,998
China Metal Products		5,057,146		6,191,338
China Motor Corp.		2,647,800		10,520,270
China Petrochemical Development Corp.^(a)(c)		32,508,490		9,677,220
China Steel Chemical Corp.^(c)		1,663,000		5,892,017
China Steel Corp.^(c)		105,024,529		81,792,407
Chin-Poon Industrial Co. Ltd.		3,925,000		6,502,003
Chipbond Technology Corp.^(c)		3,417,000		7,676,250
ChipMOS Technologies Inc.		4,791,000		6,687,587
Chlitina Holding Ltd.		557,000		3,356,855
Chong Hong Construction Co. Ltd.		1,923,122		4,752,060
Chroma ATE Inc.		3,394,000		25,053,434
Chung Hung Steel Corp.^(c)		9,599,000		7,041,050


Security	Shares		Value

Taiwan (continued)
Chung-Hsin Electric & Machinery Manufacturing Corp.^(c)		3,721,000	$	20,177,910
Chunghwa Precision Test Tech Co. Ltd.^(c)		223,000		3,895,055
Chunghwa Telecom Co. Ltd.^(c)		32,871,000		125,227,320
Cleanaway Co. Ltd.^(c)		1,299,000		7,335,801
Clevo Co.^(c)		5,063,175		6,425,261
Compal Electronics Inc.		37,203,000		42,960,751
Compeq Manufacturing Co. Ltd.^(c)		7,326,000		17,656,547
Continental Holdings Corp.^(c)		6,228,600		5,281,229
Coretronic Corp.^(c)		2,123,200		4,775,786
Co-Tech Development Corp.^(c)		2,616,000		4,902,504
CSBC Corp. Taiwan^(a)(c)		8,810,541		5,124,939
CTBC Financial Holding Co. Ltd.		157,299,599		146,432,244
CTCI Corp.^(c)		6,198,000		8,425,497
Cub Elecparts Inc.^(c)		889,797		3,620,687
CyberPower Systems Inc.^(c)		330,000		2,168,495
Darfon Electronics Corp.^(c)		3,189,000		5,372,244
Delta Electronics Inc.		17,504,000		163,113,732
Dynamic Holding Co. Ltd.^(c)		2,038,000		4,839,681
E Ink Holdings Inc.^(c)		7,805,000		60,764,110
E.Sun Financial Holding Co. Ltd.^(c)		123,211,926		98,503,389
Eclat Textile Co. Ltd.		1,617,683		27,649,045
EirGenix Inc.^(a)(c)		1,954,000		5,860,238
Elan Microelectronics Corp.		2,248,100		11,809,797
Elite Material Co. Ltd.^(c)		2,452,000		38,484,038
Elite Semiconductor Microelectronics Technology Inc.^(c)		2,571,000		7,615,052
eMemory Technology Inc.		578,000		49,628,371
Ennoconn Corp.		884,219		8,368,622
ENNOSTAR Inc.^(a)(c)		5,117,185		6,949,435
Episil Technologies Inc^.(c)		2,621,036		4,999,446
Episil-Precision Inc.^(c)		1,170,077		2,007,473
Eternal Materials Co. Ltd.^(c)		7,972,369		8,113,256
Etron Technology Inc.^(c)		2,555,916		4,354,057
Eva Airways Corp.^(c)		23,609,326		23,503,325
Evergreen International Storage & Transport Corp.^(c)		5,221,000		5,517,970
Evergreen Marine Corp. Taiwan Ltd.^(c)		9,162,979		48,002,192
Evergreen Steel Corp.		745,000		2,545,437
Everlight Chemical Industrial Corp.^(c)		6,445,781		4,386,562
Everlight Electronics Co. Ltd.		4,006,000		6,337,374
Far Eastern Department Stores Ltd.^(c)		10,890,167		8,389,755
Far Eastern International Bank		36,548,441		14,279,784
Far Eastern New Century Corp.^(c)		25,231,916		26,025,641
Far EasTone Telecommunications Co. Ltd.		13,383,000		33,342,387
Faraday Technology Corp.^(c)		2,041,000		25,057,896
Farglory Land Development Co. Ltd.^(c)		2,908,782		5,171,871
Feng Hsin Steel Co. Ltd.^(c)		4,816,000		10,390,901
Feng TAY Enterprise Co. Ltd.^(c)		4,322,833		22,613,704
First Financial Holding Co. Ltd.		97,610,526		83,718,188
Fitipower Integrated Technology Inc.^(c)		918,504		7,024,965
FLEXium Interconnect Inc.^(c)		2,122,616		5,800,309
FocalTech Systems Co. Ltd.^(c)		1,881,000		5,808,855
Formosa Chemicals & Fibre Corp.^(c)		29,996,210		54,326,594
Formosa International Hotels Corp.^(a)(c)		810,000		5,346,879
Formosa Petrochemical Corp.^(c)		9,186,000		21,602,709
Formosa Plastics Corp.^(c)		32,814,800		74,472,694
Formosa Sumco Technology Corp.^(c)		773,000		3,830,084
Formosa Taffeta Co. Ltd.^(c)		8,502,000		6,349,534
Fortune Electric Co. Ltd.^(c)		1,122,000		19,136,328
Foxconn Technology Co. Ltd.^(c)		6,624,424		10,420,932
Foxsemicon Integrated Technology Inc.		780,000		5,925,539


Security	Shares		Value


Taiwan (continued)
Fubon Financial Holding Co. Ltd.		68,423,289	$	147,310,403
Fulgent Sun International Holding Co. Ltd.^(c)		1,481,221		5,885,175
Fusheng Precision Co. Ltd.^(c)		1,204,000		8,579,644
General Interface Solution Holding Ltd.^(c)		2,407,000		4,434,942
Genius Electronic Optical Co. Ltd.^(c)		683,287		9,166,098
Getac Holdings Corp.^(c)		4,123,000		15,598,308
Giant Manufacturing Co. Ltd.^(c)		2,886,575		18,654,531
Gigabyte Technology Co. Ltd.^(c)		4,653,000		50,893,062
Global Brands Manufacture Ltd.		972,000		2,008,483
Global Mixed Mode Technology Inc.^(c)		798,000		6,557,771
Global PMX Co. Ltd.^(c)		524,000		1,899,710
Global Unichip Corp.^(c)		797,000		40,168,739
Globalwafers Co. Ltd.^(c)		1,831,000		32,339,758
Gloria Material Technology Corp.^(c)		4,965,000		7,388,117
Gold Circuit Electronics Ltd.^(c)		3,061,800		24,928,965
Goldsun Building Materials Co. Ltd.^(c)		11,755,425		12,276,767
Gourmet Master Co. Ltd.^(c)		1,129,471		3,163,238
Grand Pacific Petrochemical^(c)		11,756,292		5,264,596
Grand Process Technology Corp.		209,000		5,448,236
Grape King Bio Ltd.		1,411,000		6,924,506
Great Tree Pharmacy Co. Ltd.^(c)		816,996		7,914,742
Great Wall Enterprise Co. Ltd.		5,977,412		11,048,744
Greatek Electronics Inc.		3,557,000		6,733,441
Gudeng Precision Industrial Co. Ltd.^(c)		685,797		9,761,951
Hannstar Board Corp.^(c)		2,392,000		4,285,927
HannStar Display Corp.^(a)(c)		22,222,640		7,988,955
Highwealth Construction Corp.^(c)		7,459,030		9,368,855
Hiwin Technologies Corp.^(c)		2,436,498		18,513,676
Holtek Semiconductor Inc.^(c)		1,872,000		3,552,890
Holy Stone Enterprise Co. Ltd.^(c)		1,518,846		4,657,816
Hon Hai Precision Industry Co. Ltd.		111,415,928		363,268,924
Hota Industrial Manufacturing Co. Ltd.^(c)		2,553,261		4,556,391
Hotai Finance Co. Ltd.		2,414,200		9,245,988
Hotai Motor Co. Ltd.		2,863,560		60,814,238
Hsin Kuang Steel Co. Ltd.		3,124,000		6,598,521
HTC Corp.^(a)(c)		6,138,000		9,484,422
Hu Lane Associate Inc.		828,000		4,389,742
Hua Nan Financial Holdings Co. Ltd.		79,208,650		55,162,042
Huaku Development Co. Ltd.		3,431,000		10,725,549
Ibase Technology Inc.^(c)		449,000		1,241,455
IBF Financial Holdings Co. Ltd.^(a)(c)		21,767,076		8,469,725
Innodisk Corp.^(c)		1,013,661		9,802,725
Innolux Corp.		76,400,974		36,658,219
International CSRC Investment Holdings Co.^(c)		9,325,685		5,372,912
International Games System Co. Ltd.		1,085,000		29,263,371
Inventec Corp.^(c)		24,526,000		42,720,448
ITE Technology Inc.^(c)		1,873,000		9,782,206
ITEQ Corp.		1,932,604		5,455,714
Jentech Precision Industrial Co. Ltd.^(c)		748,670		21,799,788
Jinan Acetate Chemical Co. Ltd.^(c)		406,480		12,464,405
Johnson Health Tech Co. Ltd.^(c)		1,222,000		2,565,667
Kaori Heat Treatment Co. Ltd.^(c)		785,000		6,909,989
Kenda Rubber Industrial Co. Ltd.^(c)		6,279,913		6,010,666
Kenmec Mechanical Engineering Co. Ltd.^(c)		1,112,000		2,999,392
Kindom Development Co. Ltd.		4,265,300		5,329,138
King Slide Works Co. Ltd.^(c)		531,000		22,813,882
King Yuan Electronics Co. Ltd.^(c)		10,296,000		28,992,831
King’s Town Bank Co. Ltd.		7,212,000		10,187,311
Kinik Co.^(c)		1,268,000		10,358,240
Kinpo Electronics^(c)		13,051,000		6,360,573
Kinsus Interconnect Technology Corp.^(c)		2,314,000		7,084,470
L&K Engineering Co. Ltd.^(c)		1,351,000		7,205,956


Security	Shares		Value


Taiwan (continued)
LandMark Optoelectronics Corp.^(c)		775,900	$	3,650,064
Largan Precision Co. Ltd.		887,000		72,795,552
Lien Hwa Industrial Holdings Corp.^(c)		9,715,421		20,144,588
Lite-On Technology Corp.		18,374,238		63,752,293
Longchen Paper & Packaging Co. Ltd.^(c)		8,622,863		3,806,408
Lotes Co. Ltd.^(c)		721,849		23,419,892
Lotus Pharmaceutical Co. Ltd.^(c)		1,088,000		9,979,038
LuxNet Corp.^(c)		919,957		4,544,349
M31 Technology Corp.		244,401		13,960,699
Macronix International Co. Ltd.^(c)		14,314,554		12,898,133
Makalot Industrial Co. Ltd.		1,930,510		22,721,426
Marketech International Corp.		1,291,000		6,495,539
MediaTek Inc.		13,653,572		492,707,077
Medigen Vaccine Biologics Corp.^(a)(c)		2,386,607		4,620,774
Mega Financial Holding Co. Ltd.^(c)		101,918,180		124,863,982
Mercuries Life Insurance Co. Ltd.^(a)(c)		32,242,333		5,049,570
Merida Industry Co. Ltd.^(c)		1,703,850		11,258,992
Merry Electronics Co. Ltd.		1,953,751		7,299,630
Microbio Co. Ltd.^(c)		4,123,572		6,065,991
Micro-Star International Co. Ltd.		6,303,000		38,143,078
Mitac Holdings Corp.^(c)		8,403,053		11,252,623
momo.com Inc.		26,000		366,303
MPI Corp.^(c)		586,000		5,992,806
Nan Kang Rubber Tire Co. Ltd.^(a)(c)		5,367,000		6,684,004
Nan Pao Resins Chemical Co. Ltd.^(c)		562,000		5,353,578
Nan Ya Plastics Corp.^(c)		41,562,440		78,596,517
Nan Ya Printed Circuit Board Corp.^(c)		1,884,000		12,622,571
Nantex Industry Co. Ltd.		2,612,000		2,921,835
Nanya Technology Corp.^(c)		10,529,000		22,416,244
Nien Made Enterprise Co. Ltd.		1,299,000		15,206,390
North-Star International Co. Ltd., NVS		276,000		469,710
Novatek Microelectronics Corp.^(c)		5,212,000		99,201,817
Nuvoton Technology Corp.^(c)		2,128,000		8,693,362
OBI Pharma Inc.^(a)(c)		1,636,339		3,467,143
Oneness Biotech Co. Ltd.^(c)		2,609,450		14,582,691
Orient Semiconductor Electronics Ltd.^(c)		3,865,000		8,867,340
Oriental Union Chemical Corp.^(c)		7,983,000		4,856,333
Pan Jit International Inc.^(c)		3,293,200		6,507,516
Pan-International Industrial Corp.^(c)		5,155,366		5,357,272
Parade Technologies Ltd.^(c)		682,000		21,938,060
Pegatron Corp.		16,725,000		45,287,258
Pegavision Corp.^(c)		377,166		4,778,421
PharmaEngine Inc.^(c)		930,000		3,045,129
PharmaEssentia Corp.^(a)(c)		2,189,000		22,749,063
Pharmally International Holding Co. Ltd.^(d)		597,543		—
Phihong Technology Co. Ltd.^(a)(c)		3,459,266		6,717,350
Phison Electronics Corp.^(c)		1,406,000		27,966,170
Pixart Imaging Inc.		1,446,000		7,833,113
Polaris Group/Tw^(a)(c)		2,865,000		6,405,898
Pou Chen Corp.^(c)		17,276,000		16,689,995
Powerchip Semiconductor Manufacturing Corp.^(c)		25,849,000		22,596,484
Powertech Technology Inc.		5,010,000		24,756,484
Poya International Co. Ltd.		490,577		7,628,154
President Chain Store Corp.		4,771,000		40,677,886
President Securities Corp.^(c)		8,688,603		5,636,889
Primax Electronics Ltd.		4,334,000		9,986,049
Prince Housing & Development Corp.^(c)		11,327,995		3,675,620
Qisda Corp.^(c)		13,675,000		19,964,119
Quanta Computer Inc.^(c)		24,396,000		179,269,836
Quanta Storage Inc.^(c)		1,841,000		4,512,776
Radiant Opto-Electronics Corp.^(c)		3,174,000		14,822,033


Security	Shares		Value


Taiwan (continued)
Raydium Semiconductor Corp.		595,000	$	8,426,714
Realtek Semiconductor Corp.		4,328,110		78,005,702
RichWave Technology Corp.^(a)(c)		901,226		6,437,687
Ritek Corp.^(a)		1		—
Ruentex Development Co. Ltd.		13,726,812		15,796,561
Ruentex Industries Ltd.^(c)		5,607,788		10,511,510
Sanyang Motor Co. Ltd.^(c)		5,048,000		11,940,608
ScinoPharm Taiwan Ltd.^(c)		2,966,027		2,381,955
SDI Corp.^(c)		1,351,000		4,428,046
Sensortek Technology Corp.^(c)		281,000		4,172,145
Sercomm Corp.		2,602,000		11,165,010
Shanghai Commercial & Savings Bank Ltd. (The)		34,326,542		48,873,907
Shihlin Electric & Engineering Corp.^(c)		1,875,000		11,107,756
Shin Kong Financial Holding Co. Ltd.^(a)(c)		116,976,255		30,710,346
Shin Zu Shing Co. Ltd.^(c)		1,627,904		8,707,356
Shinfox Energy Co. Ltd.^(c)		514,000		2,483,671
Shinkong Synthetic Fibers Corp.^(c)		14,017,000		6,768,140
Shiny Chemical Industrial Co. Ltd.^(c)		876,750		4,246,472
Sigurd Microelectronics Corp.^(c)		5,842,700		13,016,173
Silergy Corp.^(c)		2,839,000		37,460,887
Silicon Integrated Systems Corp.^(c)		4,642,000		6,338,325
Simplo Technology Co. Ltd.		1,262,400		17,041,954
Sinbon Electronics Co. Ltd.		1,943,809		15,896,285
Sino-American Silicon Products Inc.^(c)		4,503,000		26,460,080
SinoPac Financial Holdings Co. Ltd.		98,902,579		62,934,165
Sinyi Realty Inc.		5,008,704		4,666,393
Sitronix Technology Corp.		1,134,000		10,416,506
Soft-World International Corp.^(c)		917,000		3,883,795
Solar Applied Materials Technology Corp.^(c)		5,710,710		7,993,063
Sporton International Inc.		906,252		6,748,993
St. Shine Optical Co. Ltd.		451,000		2,853,678
Standard Foods Corp.^(c)		4,900,096		5,844,407
Sunny Friend Environmental Technology Co. Ltd.^(c)		727,507		2,429,738
Sunonwealth Electric Machine Industry Co. Ltd.^(c)		1,587,000		6,384,773
Sunplus Technology Co. Ltd.^(c)		5,393,000		5,653,285
Supreme Electronics Co. Ltd.		5,482,009		10,828,841
Synmosa Biopharma Corp.^(c)		3,134,899		3,867,858
Synnex Technology International Corp.		11,856,250		29,208,345
Systex Corp.^(c)		1,944,000		6,954,685
T3EX Global Holdings Corp.^(c)		1,270,000		3,700,375
TA Chen Stainless Pipe^(c)		15,476,412		17,587,553
Ta Ya Electric Wire & Cable^(c)		8,095,958		9,610,709
Taichung Commercial Bank Co. Ltd.		30,150,453		15,885,780
TaiDoc Technology Corp.		702,000		3,529,526
Taigen Biopharmaceuticals Holdings Ltd.^(a)(c)		4,032,000		1,929,429
TaiMed Biologics Inc.^(a)(c)		1,854,000		6,488,320
Tainan Spinning Co. Ltd.^(c)		11,307,894		5,529,389
Taishin Financial Holding Co. Ltd.^(c)		102,945,880		56,686,940
Taiwan Business Bank		57,461,152		25,459,009
Taiwan Cement Corp.^(c)		55,227,182		56,147,600
Taiwan Cogeneration Corp.^(c)		6,532,199		10,254,710
Taiwan Cooperative Financial Holding Co. Ltd.^(c)		93,686,032		76,976,074
Taiwan Fertilizer Co. Ltd.^(c)		6,372,000		13,431,694
Taiwan Glass Industry Corp.^(a)(c)		11,261,053		6,504,026
Taiwan High Speed Rail Corp.^(c)		15,881,000		15,175,960
Taiwan Hon Chuan Enterprise Co. Ltd.^(c)		2,680,674		12,336,059
Taiwan Mask Corp.^(c)		2,306,000		5,081,457
Taiwan Mobile Co. Ltd.		14,133,000		44,290,644


Security	Shares		Value


Taiwan (continued)
Taiwan Paiho Ltd.^(c)		2,874,000	$	5,267,060
Taiwan Secom Co. Ltd.^(c)		3,121,185		11,702,658
Taiwan Semiconductor Co. Ltd.^(c)		2,305,000		5,839,389
Taiwan Semiconductor Manufacturing Co. Ltd.		221,643,000		4,857,198,905
Taiwan Shin Kong Security Co. Ltd.		6,375,577		8,078,010
Taiwan Surface Mounting Technology Corp.		2,511,000		7,801,660
Taiwan TEA Corp.^(a)(c)		7,997,000		5,259,055
Taiwan Union Technology Corp.^(c)		2,311,000		11,450,648
Taiwan-Asia Semiconductor Corp.^(c)		3,673,000		4,884,175
Tatung Co. Ltd.^(a)(c)		14,270,000		23,455,568
TCI Co. Ltd.^(c)		973,444		4,952,252
Teco Electric and Machinery Co. Ltd.^(c)		11,234,000		17,505,099
Test Research Inc.		1,903,400		4,395,400
Thinking Electronic Industrial Co. Ltd.^(c)		880,000		4,737,326
Ton Yi Industrial Corp.^(c)		12,601,000		6,181,237
Tong Hsing Electronic Industries Ltd.^(c)		1,668,600		7,998,891
Tong Yang Industry Co. Ltd.		3,922,400		12,273,497
Topco Scientific Co. Ltd.		1,452,342		8,939,332
TPK Holding Co. Ltd.		3,494,000		3,868,539
Transcend Information Inc.		3,266,000		8,269,366
Tripod Technology Corp.		4,010,000		26,438,221
TSEC Corp.^(c)		5,005,756		4,413,206
TSRC Corp.^(c)		6,364,900		4,594,877
TTY Biopharm Co. Ltd.		2,498,124		6,401,495
Tung Ho Steel Enterprise Corp.		5,328,560		13,026,702
Tung Thih Electronic Co. Ltd.^(c)		745,000		3,132,336
TXC Corp.		3,063,000		9,680,686
U-Ming Marine Transport Corp.^(c)		4,771,000		8,392,021
Unimicron Technology Corp.^(c)		12,442,000		70,694,599
Union Bank of Taiwan^(c)		14,191,260		6,376,207
Uni-President Enterprises Corp.		42,917,369		104,213,674
United Integrated Services Co. Ltd.^(c)		1,370,400		12,720,801
United Microelectronics Corp.^(c)		99,740,000		153,781,959
United Renewable Energy Co. Ltd.^(c)		12,731,238		4,997,822
Universal Vision Biotechnology Co. Ltd.^(c)		612,007		5,837,156
UPC Technology Corp.		9,556,365		4,432,513
UPI Semiconductor Corp.^(a)(c)		440,000		4,377,294
USI Corp.		7,869,300		4,536,090
Vanguard International Semiconductor Corp.^(c)		7,378,000		16,853,881
VIA Labs Inc.		314,000		2,661,764
Via Technologies Inc.^(c)		1,661,000		6,934,854
Visco Vision Inc.^(c)		364,000		2,996,177
VisEra Technologies Co. Ltd.^(c)		1,054,000		10,242,066
Visual Photonics Epitaxy Co. Ltd.		1,721,000		8,900,254
Vivotek Inc.^(c)		458,000		2,117,725
Voltronic Power Technology Corp.		574,493		29,196,375
Wafer Works Corp.^(c)		5,252,839		6,620,140
Waffer Technology Corp.^(c)		1,429,000		4,665,869
Wah Lee Industrial Corp.^(c)		2,665,580		9,411,225
Walsin Lihwa Corp.^(c)		26,264,570		30,763,837
Walsin Technology Corp.^(c)		2,669,597		9,482,336
Wan Hai Lines Ltd.^(c)		5,833,620		9,293,059
Win Semiconductors Corp.		2,680,427		12,897,194
Winbond Electronics Corp.^(c)		27,643,087		24,439,462
WinWay Technology Co. Ltd.^(c)		228,000		5,535,757
Wisdom Marine Lines Co. Ltd.^(c)		4,968,000		9,643,443
Wistron Corp.^(c)		23,578,004		86,337,133
Wistron NeWeb Corp.^(c)		3,048,565		14,817,375
Wiwynn Corp.		795,000		58,693,116
Wowprime Corp.^(c)		766,361		5,824,835
WPG Holdings Ltd.		13,591,200		39,905,192
WT Microelectronics Co. Ltd.^(c)		5,070,206		27,537,823


Security	Shares		Value


Taiwan (continued)
XinTec Inc.^(c)		1,708,000	$	7,138,224
XPEC Entertainment Inc.^(d)		31,000		—
Xxentria Technology Materials Corp.		2,553,500		5,818,976
Yageo Corp.^(c)		2,969,824		52,471,941
Yang Ming Marine Transport Corp.		15,259,677		24,074,966
Yankey Engineering Co. Ltd.^(c)		194,000		2,345,402
YFY Inc.^(c)		10,547,000		10,095,945
Yieh Phui Enterprise Co. Ltd.^(c)		11,518,077		5,555,839
Yuanta Financial Holding Co. Ltd.		87,881,291		76,370,778
Yulon Finance Corp.^(c)		2,264,002		11,871,486
Yulon Motor Co. Ltd.^(c)		5,461,276		12,239,328
YungShin Global Holding Corp.		3,650,650		5,432,902
Zhen Ding Technology Holding Ltd.^(c)		5,320,950		16,933,796
ZillTek Technology Corp.^(c)		132,000		1,972,423
Zyxel Group Corp.^(c)		1,274,000		1,816,233


				13,103,524,911

Thailand — 1.8%
Advanced Info Service PCL, NVDR		10,714,100		60,109,811
Airports of Thailand PCL, NVDR^(c)		37,905,200		67,173,707
Amata Corp. PCL, NVDR		13,308,630		8,354,171
AP Thailand PCL, NVDR		29,406,290		8,616,049
Asset World Corp. PCL, NVDR^(c)		66,955,600		7,193,763
B Grimm Power PCL, NVDR^(c)		9,409,700		6,760,566
Bangchak Corp. PCL, NVDR		11,172,300		12,940,301
Bangkok Airways PCL, NVDR^(c)		15,695,300		6,961,204
Bangkok Chain Hospital PCL, NVDR		16,389,150		9,642,021
Bangkok Commercial Asset Management PCL, NVDR		17,580,500		4,122,556
Bangkok Dusit Medical Services PCL, NVDR		95,508,000		75,877,270
Bangkok Expressway & Metro PCL, NVDR		69,419,885		15,604,642
Bangkok Land PCL, NVDR^(a)		183,366,000		3,476,617
Banpu PCL, NVDR^(c)		69,427,200		10,835,885
BCPG PCL, NVDR		18,263,025		3,950,969
Berli Jucker PCL, NVDR		495,400		334,844
Betagro PCL, NVS^(c)		7,446,300		4,612,548
BTS Group Holdings PCL, NVDR^(c)		76,755,600		11,030,562
Bumrungrad Hospital PCL, NVDR		5,385,900		33,604,503
Carabao Group PCL, NVDR		3,527,900		6,845,187
Central Pattana PCL, NVDR		18,215,700		32,884,508
Central Plaza Hotel PCL, NVDR^(a)(c)		5,477,200		6,571,742
Central Retail Corp. PCL, NVDR		17,703,817		17,184,868
CH Karnchang PCL, NVDR^(c)		14,856,400		9,643,922
Charoen Pokphand Foods PCL, NVDR^(c)		31,323,900		16,504,505
Chularat Hospital PCL, NVDR^(c)		87,950,600		7,217,678
CK Power PCL, NVDR^(c)		30,214,400		3,321,309
Com7 PCL, NVDR^(c)		9,896,500		5,730,785
CP ALL PCL, NVDR		52,873,900		84,781,205
CP Axtra PCL, NVDR^(c)		14,680,600		13,632,279
Delta Electronics Thailand PCL, NVDR^(c)		28,495,900		56,727,211
Dohome PCL, NVDR^(c)		8,885,900		2,978,212
Dynasty Ceramic PCL, NVDR^(c)		79,452,320		4,120,488
Eastern Polymer Group PCL, NVDR^(c)		15,702,700		3,116,965
Electricity Generating PCL, NVDR^(c)		2,256,700		7,395,132
Energy Absolute PCL, NVDR^(c)		15,757,900		15,509,558
GFPT PCL, NVDR^(c)		10,255,700		3,400,202
Global Power Synergy PCL, NVDR^(c)		6,634,000		9,435,193
Gulf Energy Development PCL, NVDR		28,495,844		34,212,002
Gunkul Engineering PCL, NVDR^(c)		53,727,841		4,105,674
Hana Microelectronics PCL, NVDR		5,339,200		5,532,326
Home Product Center PCL, NVDR^(c)		58,247,775		18,192,470
Indorama Ventures PCL, NVDR^(c)		14,322,800		9,308,073
Intouch Holdings PCL, NVDR		9,060,025		17,120,565


Security	Shares		Value


Thailand (continued)
IRPC PCL, NVDR^(c)		106,709,100	$	5,801,821
Jasmine International PCL, NVDR		73,641,800		4,198,720
Jaymart Group Holdings PCL, NVDR^(c)		7,242,600		2,850,150
JMT Network Services PCL, NVDR^(c)		6,456,100		4,030,242
Kasikornbank PCL, NVDR		5,058,100		17,357,457
KCE Electronics PCL, NVDR^(c)		6,773,000		7,170,125
Khon Kaen Sugar Industry PCL, NVDR^(c)		26,009,886		1,798,537
Kiatnakin Phatra Bank PCL, NVDR^(c)		4,603,400		6,613,612
Krung Thai Bank PCL, NVDR^(c)		30,741,200		13,796,861
Krungthai Card PCL, NVDR^(c)		8,242,300		9,828,818
Land & Houses PCL, NVDR^(c)		63,396,800		13,422,526
Major Cineplex Group PCL, NVDR^(c)		10,632,700		4,120,857
MBK PCL, NVDR^(c)		11,934,800		5,501,002
Mega Lifesciences PCL, NVDR		5,041,000		5,848,373
Minor International PCL, NVDR		31,433,060		27,833,129
Muangthai Capital PCL, NVDR^(c)		7,514,800		9,616,997
Ngern Tid Lor PCL, NVDR		11,637,100		7,310,398
Origin Property PCL, NVDR^(c)		17,620,800		3,736,241
Osotspa PCL, NVDR^(c)		12,506,200		7,094,020
Plan B Media PCL, NVDR		30,253,488		7,393,068
Precious Shipping PCL, NVDR^(c)		10,813,600		2,679,252
Prima Marine PCL, NVDR^(c)		20,268,600		3,703,573
PSG Corp. PCL, NVS^(a)		90,427,100		1,843,084
PTG Energy PCL, NVDR^(c)		12,347,400		3,136,944
PTT Exploration & Production PCL, NVDR		11,755,801		49,366,617
PTT Global Chemical PCL, NVDR^(c)		19,346,100		20,475,776
PTT Oil & Retail Business PCL, NVDR^(c)		24,823,800		12,523,048
PTT PCL, NVDR		90,194,600		86,088,866
Quality Houses PCL, NVDR^(c)		110,750,417		6,670,038
Ratch Group PCL, NVDR^(c)		8,052,300		6,508,504
Ratchthani Leasing PCL, NVDR		39,728,947		2,284,081
Regional Container Lines PCL, NVDR^(c)		6,279,400		3,899,012
RS PCL, NVDR		8,704,090		3,449,436
Sansiri PCL, NVDR^(c)		139,617,400		7,168,969
Sappe PCL^(c)		1,716,200		4,137,522
SCB X PCL, NVDR^(c)		7,325,600		23,009,163
SCG Packaging PCL, NVDR^(c)		11,233,000		8,771,172
Siam Cement PCL (The), NVDR		6,919,500		51,899,907
Siamgas & Petrochemicals PCL, NVDR^(c)		12,291,700		2,895,995
Sino-Thai Engineering & Construction PCL, NVDR^(c)		13,631,328		3,838,298
SISB PCL^(c)		3,557,500		4,125,701
Sri Trang Agro-Industry PCL, NVDR^(c)		10,182,060		5,479,328
Sri Trang Gloves Thailand PCL, NVDR^(c)		10,887,200		2,606,645
Srisawad Corp. PCL, NVDR		6,959,949		7,400,718
Supalai PCL, NVDR^(c)		16,134,000		9,446,576
Super Energy Corp. PCL, NVDR^(a)		146,740,200		1,391,096
Thai Oil PCL, NVDR		9,471,100		14,786,844
Thai Union Group PCL, NVDR		25,904,500		10,410,008
Thai Vegetable Oil PCL, NVDR^(c)		8,121,110		4,755,146
Thanachart Capital PCL, NVDR^(c)		4,786,000		6,638,882
Thonburi Healthcare Group PCL, NVDR^(c)		3,708,800		4,498,335
Tisco Financial Group PCL, NVDR		3,141,700		8,803,593
TMBThanachart Bank PCL, NVDR		134,764,900		6,922,242
TPI Polene PCL, NVDR		80,091,000		3,104,043
True Corp. PCL, NVDR^(a)		98,674,456		19,434,752
TTW PCL, NVDR^(c)		27,610,200		7,237,755
WHA Corp. PCL, NVDR^(c)		97,793,200		12,546,983


				1,345,934,906

Turkey — 1.0%
Ahlatci Dogal Gaz Dagitim Enerji VE Yatirim AS		3,216,380		1,380,001
Akbank TAS		28,635,455		38,123,760


Security	Shares		Value


Turkey (continued)
Akcansa Cimento A/S		88,741	$	446,099
Akfen Yenilenebilir Enerji A/S, NVS		3,064,920		2,677,137
Aksa Akrilik Kimya Sanayii AS		1,697,204		5,782,063
Alarko Holding A/S^(c)		2,277,402		9,653,581
Alfa Solar Enerji Sanayi VE Ticaret A/S, NVS		815,118		2,763,908
Anadolu Anonim Turk Sigorta Sirketi^(a)		1,629,287		3,573,513
Anadolu Efes Biracilik Ve Malt Sanayii AS		2,345,778		11,694,527
Aselsan Elektronik Sanayi Ve Ticaret AS		13,276,975		25,478,732
Baticim Bati Anadolu Cimento Sanayii A/S^(a)		562,824		2,057,944
BIM Birlesik Magazalar AS		4,273,964		53,044,525
Bosch Fren Sistemleri Sanayi ve Ticaret A/S, NVS		41,163		1,693,625
Can2 Termik AS^(a)		2,792,913		1,615,931
Cimsa Cimento Sanayi VE Ticaret AS		3,355,246		3,760,102
Coca-Cola Icecek A/S		342,600		7,097,392
CW Enerji Muhendislik Ticaret VE Sanayi A/S, NVS		278,760		2,760,243
Dogan Sirketler Grubu Holding AS		16,475,922		7,148,192
Dogus Otomotiv Servis ve Ticaret AS		551,604		4,720,112
EGE Endustri VE Ticaret AS		10,399		5,768,369
Emlak Konut Gayrimenkul Yatirim Ortakligi AS		29,398,798		10,448,639
Enerjisa Enerji AS^(b)(c)		4,332,161		8,655,583
Enerya Enerji A/S, NVS		368,309		1,745,345
Eregli Demir ve Celik Fabrikalari TAS^(a)		13,519,281		19,695,681
Europower Enerji VE Otomasyon Teknolojileri Sanayi Ticaret A/S, NVS		594,693		3,315,116
Ford Otomotiv Sanayi AS		692,409		22,547,106
Girisim Elektrik Taahhut Ticaret Ve Sanayi AS^(a)		1,329,866		3,300,021
Gubre Fabrikalari TAS^(a)		301,197		1,934,589
Haci Omer Sabanci Holding AS		8,872,299		22,584,499
Hektas Ticaret TAS^(a)		10,356,132		6,323,683
Is Gayrimenkul Yatirim Ortakligi AS^(a)		6,507,060		3,606,526
Is Yatirim Menkul Degerler AS		4,828,347		5,737,728
Izdemir Enerji Elektrik Uretim A/S, NVS		944,696		961,892
Kaleseramik Canakkale Kalebodur Seramik Sanayi A/S, NVS		872,496		2,193,298
Kardemir Karabuk Demir Celik Sanayi ve Ticaret A/S, Class A^(c)		695,710		501,208
Kardemir Karabuk Demir Celik Sanayi ve Ticaret A/S, Class D		9,116,112		7,836,061
Kayseri Seker Fabrikasi A/S, NVS		1,083,358		1,238,361
KOC Holding AS		7,197,498		38,762,761
Kontrolmatik Enerji Ve Muhendislik AS, NVS		816,979		7,507,580
Konya Cimento Sanayii A/S^(a)		6,077		1,921,011
Koza Altin Isletmeleri AS		9,391,131		6,875,568
Koza Anadolu Metal Madencilik Isletmeleri AS^(a)		2,631,254		4,295,316
Mavi Giyim Sanayi Ve Ticaret AS, Class B^(b)		2,163,642		9,830,485
MIA Teknoloji A/S, NVS		2,225,595		5,579,754
Migros Ticaret AS		1,089,671		17,209,555
MLP Saglik Hizmetleri AS^(a)(b)		1,179,098		6,455,846
Nuh Cimento Sanayi AS		370,458		3,902,492
ODAS Elektrik Uretim ve Sanayi Ticaret AS^(a)		11,233,412		3,624,449
Otokar Otomotiv Ve Savunma Sanayi AS^(a)		213,803		3,458,756
Oyak Cimento Fabrikalari AS^(a)		2,086,701		4,740,452
Pegasus Hava Tasimaciligi AS^(a)		472,590		12,974,630
Peker Gayrimenkul Yatirim Ortakligi A/S^(a)		2,473,120		2,605,243
Petkim Petrokimya Holding AS^(a)		12,751,528		9,867,511
Sasa Polyester Sanayi AS^(a)		11,420,178		14,465,595
SDT Uzay VE Savunma Teknolojileri A/S, NVS		118,208		1,456,226
Smart Gunes Enerjisi Teknolojileri ArGE Uretim Sanayi ve Ticaret AS, NVS^(a)		1,527,708		3,181,961


Security	Shares		Value


Turkey (continued)
Sok Marketler Ticaret AS		3,606,572	$	7,735,709
TAB Gida Sanayi Ve Ticaret A/S, NVS		485,092		2,140,329
TAV Havalimanlari Holding AS^(a)(c)		2,667,029		14,901,512
Tekfen Holding AS		2,899,292		4,361,262
Tofas Turk Otomobil Fabrikasi AS		1,105,905		9,456,127
Torunlar Gayrimenkul Yatirim Ortakligi A/S		1,113,597		1,331,991
Turk Hava Yollari AO^(a)		5,077,914		45,809,592
Turkcell Iletisim Hizmetleri AS		11,510,000		24,673,631
Turkiye Is Bankasi AS, Class C		81,288,392		28,826,660
Turkiye Petrol Rafinerileri AS		8,795,127		45,564,624
Turkiye Sigorta A/S		1,853,320		2,978,937
Turkiye Sinai Kalkinma Bankasi AS^(a)		16,975,371		4,494,225
Turkiye Sise ve Cam Fabrikalari AS		13,276,425		21,732,179
Ulker Biskuvi Sanayi AS^(a)		2,348,316		7,985,244
Vestel Elektronik Sanayi ve Ticaret AS^(a)(c)		1,280,252		3,404,413
Yapi ve Kredi Bankasi AS		30,939,239		22,832,710
YEO Teknoloji Enerji VE Endustri A/S, NVS		311,805		2,424,035
Zorlu Enerji Elektrik Uretim AS^(a)		20,463,285		3,695,401


				726,928,864

United Arab Emirates — 1.2%
Abu Dhabi Commercial Bank PJSC		27,572,252		64,333,628
Abu Dhabi Islamic Bank PJSC		13,614,186		41,662,275
Abu Dhabi National Oil Co. for Distribution PJSC		29,458,910		28,071,764
Agthia Group PJSC		3,295,002		4,725,175
Air Arabia PJSC		25,263,877		19,687,397
Ajman Bank PJSC^(a)		12,305,475		6,030,536
AL Yah Satellite Communications Co-PJSC-Yah Sat		13,184,704		8,076,773
Aldar Properties PJSC		36,562,960		55,049,257
Amanat Holdings PJSC		25,230,853		7,006,758
Americana Restaurants International PLC		21,594,418		20,166,039
Aramex PJSC		6,142,288		4,063,698
Dana Gas PJSC		45,490,708		7,827,530
Dubai Financial Market PJSC		16,324,625		5,879,723
Dubai Investments PJSC		22,876,214		14,574,209
Dubai Islamic Bank PJSC		26,763,694		46,926,364
Emaar Properties PJSC		60,839,549		134,501,460
Emirates Central Cooling Systems Corp.		18,145,805		8,102,240
Emirates NBD Bank PJSC		17,678,313		88,079,916
Emirates Telecommunications Group Co. PJSC		31,656,919		156,002,732
First Abu Dhabi Bank PJSC		40,306,919		149,738,961
Gulf Navigation Holding PJSC^(a)		3,387,106		5,711,945
Multiply Group PJSC^(a)		35,863,118		22,179,575
National Central Cooling Co. PJSC		2,764,406		2,623,004
RAK Properties PJSC^(a)		7,415,952		2,685,366
Taaleem Holdings PJSC, NVS		3,311,815		3,336,205


				907,042,530


Total Common Stocks — 97.4% (Cost: $66,677,260,566)				72,792,053,836


Preferred Stocks

Brazil — 1.5%
Alpargatas SA, Preference Shares, NVS		2,348,086		4,803,773
Azul SA, Preference Shares, NVS		2,687,944		6,537,234
Banco ABC Brasil SA
Preference Shares, NVS		1,896,464		9,007,164
Preference Shares, NVS		62,963		278,648
Banco Bradesco SA, Preference Shares, NVS		47,334,250		130,925,939


Security	Shares		Value


Brazil (continued)
Banco do Estado do Rio Grande do Sul SA, Class B, Preference Shares, NVS		2,884,353	$	8,952,861
Banco Pan SA, Preference Shares, NVS		3,667,382		6,462,607
Bradespar SA, Preference Shares, NVS		2,239,327		9,549,945
Centrais Eletricas Brasileiras SA, Class B, Preference Shares, NVS		2,334,159		22,495,938
Cia. de Saneamento do Parana, Preference Shares, NVS		1,793,854		1,901,714
Cia. Energetica de Minas Gerais, Preference Shares, NVS		12,477,768		30,045,439
Cia. Ferro Ligas da Bahia - FERBASA, Preference Shares, NVS		2,097,848		4,072,385
Companhia Paranaense de Energia, Preference Shares, NVS		6,793,113		13,965,846
Gerdau SA, Preference Shares, NVS		10,373,703		44,866,250
Itau Unibanco Holding SA, Preference Shares, NVS		43,009,811		293,647,882
Itausa SA, Preference Shares, NVS		48,959,891		101,443,720
Marcopolo SA, Preference Shares, NVS		7,260,176		12,822,986
Metalurgica Gerdau SA, Preference Shares, NVS		6,395,413		13,006,704
Petroleo Brasileiro SA, Preference Shares, NVS		42,228,986		340,985,194
Randon SA Implementos e Participacoes, Preference Shares, NVS		2,959,588		6,554,900
Unipar Carbocloro SA, Class B, Preference Shares, NVS		547,992		7,294,287
Usinas Siderurgicas de Minas Gerais SA Usiminas, Class A, Preference Shares, NVS		5,442,585		12,119,936


				1,081,741,352

Chile — 0.1%
Embotelladora Andina SA, Class B, Preference Shares, NVS		4,807,792		12,133,198
Sociedad Quimica y Minera de Chile SA, Class B, Preference Shares		1,298,612		64,401,541


				76,534,739

Colombia — 0.0%
Bancolombia SA, Preference Shares, NVS		4,148,344		33,905,446


Russia — 0.0%
Surgutneftegas PJSC, Preference Shares, NVS^(a)(d)		58,972,077		6,445


South Korea — 0.6%
Hyundai Motor Co.
Preference Shares, NVS		205,860		24,697,560
Series 2, Preference Shares, NVS		319,411		38,635,164
LG Chem Ltd., Preference Shares, NVS		73,170		16,542,162
Samsung Electronics Co. Ltd., Preference Shares, NVS		7,387,499		353,762,610


				433,637,496


Total Preferred Stocks — 2.2% (Cost: $1,318,391,230)				1,625,825,478


Security	Shares		Value


Rights

China — 0.0%
Kangmei Pharmaceutical Co. Ltd., (Expires 12/31/49)^(a)		535,426	$	1


India — 0.0%
South Indian Bank Ltd. (The), (Expires 03/27/24, Strike Price IDR 22)^(a)		1,645,077		203,272


South Korea — 0.0%
Foosung Co. Ltd., (Expires 04/18/24, Strike Price KRW 6870)^(a)		81,272		89,719
LG Display Co. Ltd., (Expires 03/14/24, Strike Price KRW 10070)^(a)		635,883		625,568
Taihan Electric Wire Co. Ltd., (Expires 03/12/24)^(a)		306,948		378,038


				1,093,325


Total Rights — 0.0% (Cost: $—)				1,296,598


Total Long-Term Investments — 99.6% (Cost: $67,995,651,796)				74,419,175,912


Short-Term Securities

Money Market Funds — 4.2%
BlackRock Cash Funds: Institutional, SL Agency Shares, 5.50%^(g)(h)(i)		2,995,710,990		2,997,208,846
BlackRock Cash Funds: Treasury, SL Agency Shares, 5.30%^(g)(h)		187,320,000		187,320,000


Total Short-Term Securities — 4.2% (Cost: $3,182,975,557)				3,184,528,846


Total Investments — 103.8% (Cost: $71,178,627,353)				77,603,704,758

Liabilities in Excess of Other Assets — (3.8)%				(2,860,024,171	)


Net Assets — 100.0%			$	74,743,680,587

^(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)	Restricted security as to resale, excluding 144A securities. The Fund held restricted securities with a current value of $7,853,021, representing less than 0.05% of its net assets as of period end, and an original cost of $6,224,140.

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

^(g)	Affiliate of the Fund.

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

⁽ⁱ⁾	All or a portion of this security was purchased with the cash collateral from loaned securities.

Investments in issuers considered to be affiliate(s) of the Fund during the six months ended February 29, 2024 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

As of period end, the fair values of derivative financial instruments located in the Statements of Assets and Liabilities were as follows:

For the period ended February 29, 2024, the effect of derivative financial instruments in the Statements of Operations was as follows:

For more information about the Fund’s investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements.

Various inputs are used in determining the fair value of financial instruments. For a description of the input levels and information about the Fund’s policy regarding valuation of financial instruments, refer to the Notes to 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.


Security	Shares		Value


Common Stocks

Brazil — 8.0%
Ambev SA		94,358	$	238,785
Atacadao SA		14,555		35,399
B3 SA - Brasil Bolsa Balcao		118,941		306,977
Banco Bradesco SA		28,085		69,491
Banco BTG Pactual SA		23,758		173,916
Banco do Brasil SA		17,466		203,292
Banco Santander Brasil SA		6,191		35,618
BB Seguridade Participacoes SA		13,981		93,767
Caixa Seguridade Participacoes S/A		6,232		18,015
CCR SA		21,648		60,009
Centrais Eletricas Brasileiras SA		24,851		217,461
Cia. de Saneamento Basico do Estado de Sao Paulo		6,806		108,379
Cia. Siderurgica Nacional SA		13,899		47,028
Cosan SA		25,912		88,613
CPFL Energia SA		4,633		32,983
Energisa SA		5,216		53,345
Eneva SA^(a)		17,630		45,502
Engie Brasil Energia SA		4,180		35,333
Equatorial Energia SA		19,661		135,184
Hapvida Participacoes e Investimentos SA^(a)(b)		102,213		75,460
Hypera SA		7,667		50,711
JBS SA		13,489		62,573
Klabin SA		14,678		66,642
Localiza Rent a Car SA		18,605		198,359
Localiza Rent a Car SA, NVS^(a)		66		672
Lojas Renner SA		20,008		63,593
Magazine Luiza SA^(a)		65,436		28,038
Magazine Luiza SA, NVS		6,268		2,686
Natura & Co. Holding SA^(a)		18,245		59,861
Petroleo Brasileiro SA		76,014		630,302
PRIO SA		16,564		145,644
Raia Drogasil SA		25,787		138,192
Rede D’Or Sao Luiz SA^(b)		11,839		60,301
Rumo SA		27,552		125,924
Sendas Distribuidora SA		28,044		80,108
Suzano SA		16,400		185,902
Telefonica Brasil SA		7,011		76,836
TIM SA/Brazil		16,739		61,183
TOTVS SA		10,742		66,318
Ultrapar Participacoes SA		15,285		90,275
Vale SA		69,044		930,429
Vibra Energia SA		23,587		122,701
WEG SA		34,358		253,585


				5,575,392

China — 51.8%
360 Security Technology Inc., Class A^(a)		9,331		11,344
37 Interactive Entertainment Network Technology Group Co. Ltd., Class A		4,100		11,043
AAC Technologies Holdings Inc.		20,500		50,966
Advanced Micro-Fabrication Equipment Inc., Class A		867		17,686
AECC Aviation Power Co. Ltd., Class A		4,100		19,574
Agricultural Bank of China Ltd., Class A		98,400		57,159
Agricultural Bank of China Ltd., Class H		574,000		235,481
Aier Eye Hospital Group Co. Ltd., Class A		12,612		25,571
Air China Ltd., Class A^(a)		32,800		33,970
Akeso Inc.^(a)(b)(c)		12,000		71,957
Alibaba Group Holding Ltd.		327,920		3,014,791
Alibaba Health Information Technology Ltd.^(a)(c)		116,000		50,687
Aluminum Corp. of China Ltd., Class A		16,400		13,715
Aluminum Corp. of China Ltd., Class H		82,000		40,860


Security	Shares		Value


China (continued)
Anhui Conch Cement Co. Ltd., Class A		4,100	$	13,610
Anhui Conch Cement Co. Ltd., Class H		20,500		44,608
Anhui Gujing Distillery Co. Ltd., Class A		600		18,186
Anhui Jianghuai Automobile Group Corp. Ltd.^(a)		4,100		8,807
ANTA Sports Products Ltd.		25,840		251,915
Autohome Inc., ADR		1,517		39,427
AVIC Industry-Finance Holdings Co. Ltd., Class A		16,499		7,589
AviChina Industry & Technology Co. Ltd., Class H		70,000		28,722
BAIC BluePark New Energy Technology Co. Ltd.		8,200		6,770
Baidu Inc.^(a)		45,106		570,744
Bank of Beijing Co. Ltd., Class A		28,790		20,695
Bank of Changsha Co. Ltd., Class A		8,200		8,864
Bank of Chengdu Co. Ltd., Class A		4,100		7,517
Bank of China Ltd., Class A		46,200		28,628
Bank of China Ltd., Class H		1,599,000		627,290
Bank of Communications Co. Ltd., Class A		53,300		46,317
Bank of Communications Co. Ltd., Class H		164,200		107,575
Bank of Hangzhou Co. Ltd., Class A		8,299		12,752
Bank of Jiangsu Co. Ltd., Class A		24,660		26,219
Bank of Nanjing Co. Ltd., Class A		12,300		14,923
Bank of Ningbo Co. Ltd., Class A		9,110		28,080
Bank of Shanghai Co. Ltd., Class A		28,790		26,084
Baoshan Iron & Steel Co. Ltd., Class A		24,600		22,731
BeiGene Ltd.^(a)		14,086		181,354
Beijing Dabeinong Technology Group Co. Ltd., Class A		12,300		8,978
Beijing Enlight Media Co. Ltd., Class A		4,100		5,148
Beijing Enterprises Holdings Ltd.		8,500		31,975
Beijing Enterprises Water Group Ltd.		82,000		19,236
Beijing Kingsoft Office Software Inc., Class A		578		21,743
Beijing New Building Materials PLC, Class A		3,100		12,070
Beijing Oriental Yuhong Waterproof Technology Co. Ltd., Class A		4,100		9,826
Beijing Tiantan Biological Products Corp. Ltd., Class A		4,100		16,101
Beijing Tongrentang Co. Ltd., Class A		4,100		25,323
Beijing Yanjing Brewery Co. Ltd., Class A		12,300		14,952
Beijing-Shanghai High Speed Railway Co. Ltd., Class A		57,400		40,219
Bilibili Inc.^(a)(c)		4,245		41,165
BOC Aviation Ltd.^(b)		4,100		30,181
BOC International China Co. Ltd., Class A		4,100		6,213
BOE Technology Group Co. Ltd., Class A		45,100		24,949
Bosideng International Holdings Ltd.		82,000		41,244
Brilliance China Automotive Holdings Ltd.		52,000		30,269
BYD Co. Ltd., Class A		2,700		71,314
BYD Co. Ltd., Class H		20,500		504,916
BYD Electronic International Co. Ltd.		20,500		77,405
C&D International Investment Group Ltd.		13,000		21,137
Caitong Securities Co. Ltd., Class A		12,520		13,854
Cambricon Technologies Corp. Ltd.^(a)		1,000		23,405
CGN Power Co. Ltd.		24,600		13,177
CGN Power Co. Ltd., Class H^(b)		205,000		62,255
Changchun High & New Technology Industry Group Inc., Class A		710		12,677
Changjiang Securities Co. Ltd., Class A		16,400		12,512
Chaozhou Three-Circle Group Co. Ltd., Class A		4,100		14,427
China Baoan Group Co. Ltd., Class A		8,200		13,528
China Cinda Asset Management Co. Ltd., Class H		123,000		11,778
China CITIC Bank Corp. Ltd., Class H		164,000		87,197
China Coal Energy Co. Ltd., Class H		41,000		44,154
China Communications Services Corp. Ltd., Class H		82,800		35,172
China Construction Bank Corp., Class A		8,200		7,957
China Construction Bank Corp., Class H		1,927,370		1,195,270


Security	Shares		Value


China (continued)
China CSSC Holdings Ltd., Class A		7,100	$	34,991
China Eastern Airlines Corp. Ltd., Class A^(a)		32,921		17,379
China Energy Engineering Corp. Ltd.		20,500		6,194
China Everbright Bank Co. Ltd., Class A		65,600		29,284
China Everbright Bank Co. Ltd., Class H		41,000		12,819
China Feihe Ltd.^(b)		84,000		41,781
China Galaxy Securities Co. Ltd., Class A		8,200		13,825
China Galaxy Securities Co. Ltd., Class H		82,000		43,086
China Gas Holdings Ltd.		58,600		53,630
China Greatwall Technology Group Co. Ltd., Class A		6,000		8,636
China Hongqiao Group Ltd.		41,000		31,729
China International Capital Corp. Ltd., Class A		4,100		19,880
China International Capital Corp. Ltd., Class H^(b)		32,800		41,117
China Jushi Co. Ltd., Class A		6,473		8,986
China Life Insurance Co. Ltd., Class A		4,193		17,599
China Life Insurance Co. Ltd., Class H		164,000		201,029
China Literature Ltd.^(a)(b)		8,200		25,139
China Longyuan Power Group Corp. Ltd., Class H		82,000		57,786
China Medical System Holdings Ltd.		41,000		67,399
China Mengniu Dairy Co. Ltd.		66,000		165,023
China Merchants Bank Co. Ltd., Class A		22,900		101,409
China Merchants Bank Co. Ltd., Class H		82,456		318,859
China Merchants Energy Shipping Co. Ltd., Class A		12,300		12,289
China Merchants Port Holdings Co. Ltd.		28,000		34,755
China Merchants Securities Co. Ltd., Class A		14,550		28,468
China Merchants Shekou Industrial Zone Holdings Co. Ltd., Class A		9,381		12,240
China Minsheng Banking Corp. Ltd., Class A		41,000		22,971
China Minsheng Banking Corp. Ltd., Class H		123,000		43,289
China National Building Material Co. Ltd., Class H		82,000		30,841
China National Chemical Engineering Co. Ltd., Class A		9,200		8,904
China National Nuclear Power Co. Ltd., Class A		20,500		24,678
China Northern Rare Earth Group High-Tech Co. Ltd., Class A		4,100		10,723
China Oilfield Services Ltd., Class H		44,000		38,720
China Overseas Land & Investment Ltd.		82,300		121,542
China Pacific Insurance Group Co. Ltd., Class A		10,100		35,765
China Pacific Insurance Group Co. Ltd., Class H		49,200		93,325
China Petroleum & Chemical Corp., Class A		38,700		33,489
China Petroleum & Chemical Corp., Class H		492,600		271,400
China Power International Development Ltd.		123,000		49,684
China Railway Group Ltd., Class A		24,600		21,640
China Railway Group Ltd., Class H		82,000		39,941
China Renewable Energy Investment Ltd.^(d)		7,709		—
China Resources Beer Holdings Co. Ltd.		32,000		137,887
China Resources Gas Group Ltd.		20,500		61,863
China Resources Land Ltd.		64,444		196,835
China Resources Microelectronics Ltd.		1,600		9,497
China Resources Mixc Lifestyle Services Ltd.^(b)		16,400		49,427
China Resources Pharmaceutical Group Ltd.^(b)		41,000		27,730
China Resources Power Holdings Co. Ltd.		46,200		99,453
China Ruyi Holdings Ltd.^(a)(c)		164,000		32,192
China Shenhua Energy Co. Ltd., Class A		9,500		50,755
China Shenhua Energy Co. Ltd., Class H		62,000		238,557
China Southern Airlines Co. Ltd., Class A^(a)		20,500		16,809
China State Construction Engineering Corp. Ltd., Class A		49,200		36,462
China State Construction International Holdings Ltd.		40,000		44,572
China Taiping Insurance Holdings Co. Ltd.		24,640		21,408
China Three Gorges Renewables Group Co. Ltd., Class A		49,200		31,521
China Tourism Group Duty Free Corp. Ltd., Class A		4,000		48,168


Security	Shares		Value


China (continued)
China Tower Corp. Ltd., Class H^(b)		820,000	$	99,391
China United Network Communications Ltd., Class A		45,000		29,943
China Vanke Co. Ltd., Class A		12,338		17,142
China Vanke Co. Ltd., Class H		41,001		31,611
China Yangtze Power Co. Ltd., Class A		28,756		99,958
China Zheshang Bank Co. Ltd., Class A		33,540		12,927
Chongqing Changan Automobile Co. Ltd., Class A		11,152		23,004
Chongqing Zhifei Biological Products Co. Ltd., Class A		2,150		15,942
Chow Tai Fook Jewellery Group Ltd.		41,000		61,093
CITIC Ltd.		123,000		123,734
CITIC Securities Co. Ltd., Class A		12,475		36,808
CITIC Securities Co. Ltd., Class H		41,050		75,879
CMOC Group Ltd., Class A		20,500		17,449
CMOC Group Ltd., Class H		69,000		42,567
CNPC Capital Co. Ltd., NVS		12,300		10,561
Contemporary Amperex Technology Co. Ltd., Class A		5,240		118,515
COSCO Shipping Energy Transportation Co. Ltd., Class A		16,400		31,279
COSCO Shipping Holdings Co. Ltd., Class A		16,570		24,143
COSCO Shipping Holdings Co. Ltd., Class H		61,849		66,583
Country Garden Holdings Co. Ltd.^(a)(c)		252,046		20,482
Country Garden Services Holdings Co. Ltd.^(c)		43,000		32,731
CRRC Corp. Ltd., Class A		37,000		32,742
CRRC Corp. Ltd., Class H		73,000		37,584
CSC Financial Co. Ltd., Class A		6,900		22,253
CSPC Innovation Pharmaceutical Co. Ltd.		2,957		13,934
CSPC Pharmaceutical Group Ltd.		168,160		130,971
Daqin Railway Co. Ltd., Class A		28,700		29,710
Dongfang Electric Corp. Ltd., Class A		4,100		9,302
Dongxing Securities Co. Ltd., Class A		8,299		9,764
East Buy Holding Ltd.^(a)(b)(c)		8,500		26,201
East Money Information Co. Ltd., Class A		16,488		32,028
Eastroc Beverage Group Co. Ltd.		700		17,367
ENN Energy Holdings Ltd.		17,100		138,849
ENN Natural Gas Co. Ltd., Class A		4,100		10,647
Eve Energy Co. Ltd., Class A		3,800		20,163
Everbright Securities Co. Ltd., Class A		6,197		14,520
Everdisplay Optronics Shanghai Co. Ltd.^(a)		16,400		5,439
Fangda Carbon New Material Co. Ltd., Class A^(a)		20,540		14,023
Far East Horizon Ltd.		41,000		32,938
First Capital Securities Co. Ltd., Class A		12,700		10,083
Flat Glass Group Co. Ltd., Class A		4,100		12,391
Focus Media Information Technology Co. Ltd., Class A		22,439		19,564
Foshan Haitian Flavouring & Food Co. Ltd., Class A		5,741		32,266
Fosun International Ltd.		41,000		23,654
Founder Securities Co. Ltd., Class A		7,800		8,246
Foxconn Industrial Internet Co. Ltd., Class A		16,400		42,528
Fujian Sunner Development Co. Ltd., Class A		4,100		9,246
Fuyao Glass Industry Group Co. Ltd., Class H^(b)		16,400		82,204
Ganfeng Lithium Group Co. Ltd., Class A		4,100		22,736
Ganfeng Lithium Group Co. Ltd., Class H^(b)		8,200		27,165
GCL Technology Holdings Ltd.		451,000		62,734
GD Power Development Co. Ltd., Class A		27,300		17,729
Geely Automobile Holdings Ltd.		123,000		133,857
GEM Co. Ltd., Class A		20,599		15,309
Genscript Biotech Corp.^(a)(c)		26,000		52,563
GF Securities Co. Ltd., Class A		8,200		16,110
GF Securities Co. Ltd., Class H		16,400		17,609
Giant Biogene Holding Co. Ltd.^(a)(b)		8,200		37,494
GigaDevice Semiconductor Inc., Class A		2,400		24,386
GoerTek Inc., Class A		4,100		9,474
Goldwind Science & Technology Co Ltd., Class A		9,653		10,226


Security	Shares		Value


China (continued)
Great Wall Motor Co. Ltd.		4,100	$	13,293
Great Wall Motor Co. Ltd., Class H		41,000		46,275
Gree Electric Appliances Inc. of Zhuhai, Class A		4,100		22,188
Greenland Holdings Corp. Ltd., Class A^(a)		12,300		3,755
Guangdong Investment Ltd.		82,000		48,660
Guanghui Energy Co. Ltd., Class A		8,000		8,313
Guangzhou Automobile Group Co. Ltd., Class H		82,235		35,583
Guangzhou Baiyun International Airport Co. Ltd., Class A^(a)		8,200		11,527
Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd., Class A		4,100		16,837
Guangzhou Tinci Materials Technology Co. Ltd., Class A		3,000		8,588
Guolian Securities Co. Ltd., Class A^(a)		4,100		6,241
Guosen Securities Co. Ltd., Class A		8,200		9,798
Guotai Junan Securities Co. Ltd., Class A		2,600		5,439
Guoyuan Securities Co. Ltd., Class A		12,320		11,911
H World Group Ltd., ADR		4,100		149,896
Haidilao International Holding Ltd.^(b)		32,000		58,194
Haier Smart Home Co. Ltd., Class A		8,279		27,577
Haier Smart Home Co. Ltd., Class H		49,200		149,009
Hainan Airport Infrastructure Co. Ltd., NVS^(a)		8,200		4,267
Haitian International Holdings Ltd.		16,000		40,513
Haitong Securities Co. Ltd., Class A		12,300		15,581
Haitong Securities Co. Ltd., Class H		49,200		24,422
Hangzhou First Applied Material Co. Ltd., Class A		3,100		11,951
Hangzhou Tigermed Consulting Co. Ltd., Class A		100		624
Hansoh Pharmaceutical Group Co. Ltd.^(b)		24,000		42,302
Henan Shenhuo Coal & Power Co. Ltd.		4,100		10,514
Henan Shuanghui Investment & Development Co. Ltd., Class A		8,200		33,195
Hengan International Group Co. Ltd.		14,000		43,151
Hengli Petrochemical Co. Ltd., Class A^(a)		8,200		14,486
Hengyi Petrochemical Co. Ltd., Class A^(a)		4,130		3,958
Hesteel Co. Ltd., Class A		28,700		8,671
Hisense Visual Technology Co. Ltd.		4,100		14,735
Hithink RoyalFlush Information Network Co. Ltd., Class A		1,200		22,770
Huadian Power International Corp. Ltd., Class A		12,300		10,565
Huadong Medicine Co. Ltd., Class A		2,900		13,504
Hualan Biological Engineering Inc., Class A		1,950		5,329
Huaneng Power International Inc., Class A^(a)		12,300		15,049
Huaneng Power International Inc., Class H^(a)		82,000		45,991
Huatai Securities Co. Ltd., Class A		10,100		20,339
Huatai Securities Co. Ltd., Class H^(b)		16,400		19,357
Huaxia Bank Co. Ltd., Class A		20,500		18,025
Huayu Automotive Systems Co. Ltd., Class A		4,199		10,160
Hubei Jumpcan Pharmaceutical Co. Ltd., Class A		4,100		21,051
Huizhou Desay Sv Automotive Co. Ltd., Class A		1,700		24,114
Hunan Valin Steel Co. Ltd., Class A		12,300		9,690
Hundsun Technologies Inc., Class A		3,100		10,483
Hygeia Healthcare Holdings Co. Ltd.^(b)(c)		8,200		30,781
Hygon Information Technology Co. Ltd., NVS		2,729		32,213
IEIT Systems Co. Ltd., Class A		1,983		10,289
Iflytek Co. Ltd., Class A		3,129		21,470
Industrial & Commercial Bank of China Ltd., Class A		73,800		54,538
Industrial & Commercial Bank of China Ltd., Class H		1,312,050		672,573
Industrial Bank Co. Ltd., Class A		24,600		56,749
Industrial Securities Co. Ltd., Class A		12,300		9,907
Inner Mongolia BaoTou Steel Union Co. Ltd., Class A^(a)		77,900		16,644
Inner Mongolia Dian Tou Energy Corp. Ltd.		4,100		9,439


Security	Shares		Value


China (continued)
Inner Mongolia Junzheng Energy & Chemical Industry Group Co. Ltd., Class A		32,800	$	17,686
Inner Mongolia Yili Industrial Group Co. Ltd., Class A		8,200		32,193
Inner Mongolia Yitai Coal Co. Ltd., Class B		24,600		49,413
Innovent Biologics Inc.^(a)(b)		20,500		110,550
iQIYI Inc., ADR^(a)		9,245		34,114
JA Solar Technology Co. Ltd., Class A		4,700		12,208
JCET Group Co. Ltd., Class A		2,400		8,711
JD Health International Inc.^(a)(b)(c)		22,550		85,049
JD Logistics Inc.^(a)(b)		36,900		36,435
JD.com Inc.		47,170		532,355
Jiangsu Eastern Shenghong Co. Ltd., Class A		8,200		11,936
Jiangsu Expressway Co. Ltd., Class H		38,000		39,033
Jiangsu Hengli Hydraulic Co. Ltd., Class A		2,700		21,258
Jiangsu Hengrui Pharmaceuticals Co. Ltd., Class A		8,368		49,384
Jiangsu King’s Luck Brewery JSC Ltd., Class A		2,200		16,336
Jiangsu Yanghe Brewery Joint-Stock Co. Ltd., Class A		1,900		26,512
Jiangsu Zhongtian Technology Co. Ltd., Class A		4,100		7,435
Jiangxi Copper Co. Ltd., Class A		12,300		33,344
Jinduicheng Molybdenum Co. Ltd., Class A		4,100		5,732
Jinko Solar Co. Ltd.		8,200		10,055
Juneyao Airlines Co. Ltd., Class A^(a)		4,100		7,584
Kanzhun Ltd., ADR		4,100		64,165
KE Holdings Inc., ADR		13,653		185,544
Kingboard Holdings Ltd.		20,500		40,210
Kingdee International Software Group Co. Ltd.^(a)		53,000		56,990
Kingsoft Corp. Ltd.		16,600		46,125
Kuaishou Technology^(a)(b)		49,200		277,828
Kunlun Energy Co. Ltd.		82,000		69,906
Kweichow Moutai Co. Ltd., Class A		1,600		375,342
LB Group Co. Ltd., Class A		5,300		13,791
Legend Biotech Corp., ADR^(a)		1,312		85,490
Lenovo Group Ltd.		164,000		181,176
Lens Technology Co. Ltd., Class A		9,000		15,101
Lepu Medical Technology Beijing Co. Ltd., Class A		4,100		8,585
Li Auto Inc.^(a)		23,318		532,162
Li Ning Co. Ltd.		53,500		132,365
Lingyi iTech Guangdong Co., Class A		11,600		8,830
Livzon Pharmaceutical Group Inc., Class A		4,100		21,898
Longfor Group Holdings Ltd.^(b)		41,000		51,353
LONGi Green Energy Technology Co. Ltd., Class A		9,848		28,991
Luxshare Precision Industry Co. Ltd., Class A		8,702		33,299
Luzhou Laojiao Co. Ltd., Class A		1,600		38,797
Mango Excellent Media Co. Ltd., Class A		3,200		10,988
Maxscend Microelectronics Co. Ltd., Class A		1,400		20,875
Meinian Onehealth Healthcare Holdings Co. Ltd., Class A^(a)		8,453		6,522
Meituan, Class B^(a)(b)		103,960		1,055,419
Metallurgical Corp. of China Ltd., Class A		32,800		15,137
Midea Group Co. Ltd., Class A		4,100		35,633
MINISO Group Holding Ltd.		9,020		41,457
Montage Technology Co. Ltd., Class A		3,600		26,104
Muyuan Foods Co. Ltd., Class A		8,678		46,233
Nanjing King-Friend Biochemical Pharmaceutical Co. Ltd., Class A		4,145		8,239
NARI Technology Co. Ltd., Class A		13,088		42,059
NAURA Technology Group Co. Ltd., Class A		1,200		47,292
NetEase Inc.		39,275		853,154
New China Life Insurance Co. Ltd., Class A		4,100		18,617
New China Life Insurance Co. Ltd., Class H		12,300		23,629
New Hope Liuhe Co. Ltd., Class A^(a)		12,300		15,091
New Oriental Education & Technology Group Inc.^(a)		28,730		270,013


Security	Shares		Value

China (continued)
Ninestar Corp., Class A		2,500	$	8,129
Ningbo Sanxing Medical Electric Co. Ltd.		4,100		15,384
Ningbo Shanshan Co. Ltd.		4,100		6,507
Ningbo Tuopu Group Co. Ltd., Class A		3,500		28,428
Ningxia Baofeng Energy Group Co. Ltd., Class A		13,000		27,484
NIO Inc., ADR^(a)(c)		28,413		163,375
Nongfu Spring Co. Ltd., Class H^(b)		41,000		231,847
Offshore Oil Engineering Co. Ltd., Class A		4,124		3,537
Orient Overseas International Ltd.		2,500		38,713
Orient Securities Co. Ltd., Class A		12,688		15,489
Pangang Group Vanadium Titanium & Resources Co. Ltd., Class A^(a)		20,500		9,054
PDD Holdings Inc., ADR^(a)		12,095		1,506,311
People’s Insurance Co. Group of China Ltd. (The), Class A		12,300		8,941
People’s Insurance Co. Group of China Ltd. (The), Class H		164,000		54,629
Perfect World Co. Ltd., Class A		4,150		6,729
PetroChina Co. Ltd., Class A		24,600		30,113
PetroChina Co. Ltd., Class H		420,000		329,411
PICC Property & Casualty Co. Ltd., Class H		140,322		191,837
Ping An Bank Co. Ltd., Class A		20,500		30,057
Ping An Insurance Group Co. of China Ltd., Class A		13,100		77,700
Ping An Insurance Group Co. of China Ltd., Class H		138,500		615,933
Poly Developments and Holdings Group Co. Ltd., Class A		12,300		16,624
Pop Mart International Group Ltd.^(b)		8,200		20,442
Postal Savings Bank of China Co. Ltd., Class A		36,900		24,785
Postal Savings Bank of China Co. Ltd., Class H^(b)		164,000		86,161
Power Construction Corp. of China Ltd., Class A		24,600		17,419
Qifu Technology Inc.		2,574		39,768
Qinghai Salt Lake Industry Co. Ltd., Class A^(a)		8,200		18,369
Rongsheng Petrochemical Co. Ltd., Class A		13,950		19,835
SAIC Motor Corp. Ltd., Class A		12,300		25,496
Sailun Group Co. Ltd., Class A		4,100		8,193
Sanan Optoelectronics Co. Ltd., Class A		8,200		14,143
Sany Heavy Equipment International Holdings Co. Ltd.		41,000		31,704
Sany Heavy Industry Co. Ltd., Class A		12,353		23,833
Satellite Chemical Co. Ltd., Class A^(a)		4,100		9,439
SDIC Power Holdings Co. Ltd., Class A		8,200		16,397
Seres Group Co. Ltd., NVS^(a)		2,700		34,433
SF Holding Co. Ltd., Class A		8,200		43,485
Shaanxi Coal Industry Co. Ltd., Class A		11,505		41,138
Shandong Gold Mining Co. Ltd., Class A		7,180		21,548
Shandong Gold Mining Co. Ltd., Class H^(b)		10,250		16,196
Shandong Hualu Hengsheng Chemical Co. Ltd., Class A		2,040		7,770
Shandong Nanshan Aluminum Co. Ltd., Class A		45,100		19,392
Shandong Weigao Group Medical Polymer Co. Ltd., Class H		49,200		31,985
Shanghai Baosight Software Co. Ltd., Class B		16,480		37,028
Shanghai Construction Group Co. Ltd., Class A		12,300		4,177
Shanghai Electric Group Co. Ltd., Class A^(a)		41,000		24,099
Shanghai Fosun Pharmaceutical Group Co. Ltd., Class A		8,600		29,288
Shanghai Pharmaceuticals Holding Co. Ltd., Class A		4,100		10,300
Shanghai Pharmaceuticals Holding Co. Ltd., Class H		16,400		26,373
Shanghai Pudong Development Bank Co. Ltd., Class A		36,900		36,561
Shanghai Putailai New Energy Technology Co. Ltd., Class A		4,100		10,671
Shanghai RAAS Blood Products Co. Ltd., Class A		16,800		16,759
Shanghai Rural Commercial Bank Co. Ltd.		24,600		22,018


Security	Shares		Value

China (continued)
Shanghai United Imaging Healthcare Co. Ltd., NVS		1,215	$	24,012
Shanghai Yuyuan Tourist Mart Group Co. Ltd., Class A		8,200		7,512
Shanxi Coal International Energy Group Co. Ltd.		4,100		10,463
Shanxi Coking Coal Energy Group Co. Ltd., Class A		8,200		13,241
Shanxi Lu’an Environmental Energy Development Co. Ltd., Class A		3,652		13,090
Shanxi Meijin Energy Co. Ltd., Class A^(a)		8,200		7,807
Shanxi Taigang Stainless Steel Co. Ltd., Class A		12,300		6,466
Shanxi Xinghuacun Fen Wine Factory Co. Ltd., Class A		1,360		43,785
Shengyi Technology Co. Ltd., Class A		5,200		12,357
Shenwan Hongyuan Group Co. Ltd., Class A		38,994		24,758
Shenzhen Energy Group Co. Ltd., Class A		5,520		5,044
Shenzhen Inovance Technology Co. Ltd., Class A		2,997		26,245
Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Class A		1,600		63,975
Shenzhen New Industries Biomedical Engineering Co. Ltd., Class A		2,800		31,431
Shenzhen Overseas Chinese Town Co. Ltd., Class A^(a)		12,300		5,230
Shenzhen Transsion Holding Co. Ltd., Class A		927		20,433
Shenzhou International Group Holdings Ltd.		16,400		134,521
Shijiazhuang Yiling Pharmaceutical Co. Ltd., Class A		2,500		7,437
Sichuan Changhong Electric Co. Ltd.		8,200		5,849
Sichuan Chuantou Energy Co. Ltd., Class A		4,105		8,920
Sichuan Road & Bridge Co. Ltd., Class A		13,688		15,489
Sino Biopharmaceutical Ltd.		181,000		71,940
Sinopharm Group Co. Ltd., Class H		32,800		91,789
Sinotruk Hong Kong Ltd.		20,500		54,199
Smoore International Holdings Ltd.^(b)		41,000		28,502
Songcheng Performance Development Co. Ltd., Class A		8,380		12,533
SooChow Securities Co. Ltd., Class A		8,252		8,347
Sungrow Power Supply Co. Ltd., Class A		2,900		35,012
Sunny Optical Technology Group Co. Ltd.		12,400		79,805
Sunwoda Electronic Co. Ltd., Class A		4,000		7,877
TAL Education Group, ADR^(a)		9,102		134,072
TBEA Co. Ltd., Class A		6,560		13,542
TCL Technology Group Corp., Class A^(a)		18,650		11,702
TCL Zhonghuan Renewable Energy Technology Co. Ltd., Class A		2,150		4,029
Tencent Holdings Ltd.		133,800		4,687,096
Tencent Music Entertainment Group, ADR^(a)		14,924		156,254
Tianma Microelectronics Co. Ltd., Class A^(a)		3,600		4,570
Tianqi Lithium Corp., Class A		3,600		26,725
Tianshui Huatian Technology Co. Ltd., Class A		6,600		7,484
Tingyi Cayman Islands Holding Corp.		46,000		51,155
Tongcheng Travel Holdings Ltd.^(a)		16,400		41,229
TongFu Microelectronics Co. Ltd., Class A		2,800		8,623
Tongling Nonferrous Metals Group Co. Ltd., Class A		28,700		13,031
Tongwei Co. Ltd., Class A		5,795		21,272
Topsports International Holdings Ltd.^(b)		41,000		27,745
TravelSky Technology Ltd., Class H		18,000		21,518
Trina Solar Co. Ltd.		3,100		10,775
Trip.com Group Ltd.^(a)		11,100		503,832
Tsingtao Brewery Co. Ltd., Class H		12,000		76,785
Unigroup Guoxin Microelectronics Co. Ltd., Class A^(a)		1,100		10,899
Unisplendour Corp. Ltd., Class A^(a)		4,380		13,424
Vipshop Holdings Ltd., ADR^(a)		7,216		138,908
Walvax Biotechnology Co. Ltd., Class A		4,100		10,454
Wanhua Chemical Group Co. Ltd., Class A		3,300		36,302
Want Want China Holdings Ltd.		82,000		45,244
Weichai Power Co. Ltd., Class A		7,200		16,870


Security	Shares		Value

China (continued)
Weichai Power Co. Ltd., Class H		41,100	$	80,900
Wens Foodstuffs Group Co. Ltd., Class A		10,240		27,254
Western Mining Co. Ltd., Class A		4,056		9,371
Western Securities Co. Ltd., Class A		12,300		13,600
Will Semiconductor Co. Ltd. Shanghai, Class A		1,475		19,582
Wingtech Technology Co. Ltd., Class A^(a)		2,300		12,163
Wuhan Guide Infrared Co. Ltd., Class A		12,924		11,294
Wuliangye Yibin Co. Ltd., Class A		4,400		86,567
WUS Printed Circuit Kunshan Co. Ltd., Class A		3,160		11,583
WuXi AppTec Co. Ltd., Class A		4,128		31,110
WuXi AppTec Co. Ltd., Class H^(b)(c)		8,287		51,085
Wuxi Biologics Cayman Inc.^(a)(b)		82,000		194,226
XCMG Construction Machinery Co. Ltd., Class A		19,000		15,624
Xiamen C & D Inc., Class A		4,100		5,905
Xiaomi Corp., Class B^(a)(b)		311,600		523,620
Xinyi Solar Holdings Ltd.		124,000		75,088
XPeng Inc.^(a)(c)		22,826		106,832
Yadea Group Holdings Ltd.^(b)		28,000		43,990
Yankuang Energy Group Co. Ltd., Class A		8,200		29,448
Yankuang Energy Group Co. Ltd., Class H^(a)		43,000		99,160
Yifeng Pharmacy Chain Co. Ltd., Class A		4,100		22,405
Yonyou Network Technology Co. Ltd., Class A		530		932
Youngor Fashion Co. Ltd., Class A		4,100		4,183
Yuexiu Property Co. Ltd.		41,400		27,532
Yum China Holdings Inc.		8,487		364,007
Yunda Holding Co. Ltd., Class A		6,230		6,225
Yunnan Aluminium Co. Ltd., Class A		4,075		6,532
Yunnan Baiyao Group Co. Ltd., Class A		4,108		28,361
Yunnan Energy New Material Co. Ltd., Class A		1,700		10,815
Yunnan Yuntianhua Co. Ltd.		4,100		10,377
Yutong Bus Co. Ltd., Class A		4,100		10,622
Zai Lab Ltd.^(a)		21,050		44,924
Zangge Mining Co. Ltd.		4,100		16,664
Zhangzhou Pientzehuang Pharmaceutical Co. Ltd., Class A		900		27,812
Zhaojin Mining Industry Co. Ltd., Class H^(c)		41,000		42,393
Zhejiang Century Huatong Group Co. Ltd., Class A^(a)		4,100		2,782
Zhejiang Chint Electrics Co. Ltd., Class A		4,100		11,690
Zhejiang Dahua Technology Co. Ltd., Class A		4,100		10,508
Zhejiang Jingsheng Mechanical & Electrical Co. Ltd., Class A		2,300		11,803
Zhejiang Juhua Co. Ltd., Class A		4,100		11,573
Zhejiang Leapmotor Technology Co. Ltd.^(a)(b)		9,200		32,187
Zhejiang NHU Co. Ltd., Class A		8,243		20,575
Zheshang Securities Co. Ltd., Class A		5,100		7,244
ZhongAn Online P&C Insurance Co. Ltd., Class H^(a)(b)		12,300		19,369
Zhongji Innolight Co. Ltd., Class A		1,600		34,462
Zhongsheng Group Holdings Ltd.		20,500		37,323
Zhongtai Securities Co. Ltd.		16,400		15,798
Zhuzhou CRRC Times Electric Co. Ltd.		12,300		36,063
Zijin Mining Group Co. Ltd., Class A		24,600		44,580
Zijin Mining Group Co. Ltd., Class H		119,000		191,152
Zoomlion Heavy Industry Science and Technology Co. Ltd., Class A		11,300		12,537
ZTE Corp., Class A		4,100		16,964
ZTE Corp., Class H		16,448		37,049
ZTO Express Cayman Inc., ADR		8,856		169,947


				36,026,124

India — 36.8%
ABB India Ltd.		1,107		72,567
Adani Enterprises Ltd.		3,522		139,500
Adani Green Energy Ltd.^(a)		6,478		148,055


Security	Shares		Value

India (continued)
Adani Ports & Special Economic Zone Ltd.		10,865	$	172,491
Adani Power Ltd.^(a)		15,990		105,824
Ambuja Cements Ltd.		12,218		89,232
APL Apollo Tubes Ltd.		2,961		55,148
Apollo Hospitals Enterprise Ltd.		2,050		150,920
Ashok Leyland Ltd.		28,700		58,785
Asian Paints Ltd.		7,749		264,307
Astral Ltd.		2,460		61,388
AU Small Finance Bank Ltd.^(b)		3,454		23,677
Aurobindo Pharma Ltd.		5,658		70,140
Avenue Supermarts Ltd.^(a)(b)		3,362		158,771
Axis Bank Ltd.		46,737		605,012
Bajaj Auto Ltd.		1,394		132,861
Bajaj Finance Ltd.		5,576		435,026
Bajaj Finserv Ltd.		7,958		152,752
Bajaj Holdings & Investment Ltd.		574		63,318
Balkrishna Industries Ltd.		1,665		44,722
Bandhan Bank Ltd.^(b)		15,558		36,638
Bank of Baroda		22,140		70,837
Berger Paints India Ltd.		6,397		46,808
Bharat Electronics Ltd.		75,236		185,840
Bharat Forge Ltd.		5,359		74,309
Bharat Heavy Electricals Ltd.		22,127		60,724
Bharat Petroleum Corp. Ltd.		15,252		110,842
Bharti Airtel Ltd.		45,510		616,160
Britannia Industries Ltd.		2,173		130,225
CG Power and Industrial Solutions Ltd.		13,325		71,206
Cholamandalam Investment and Finance Co. Ltd.		8,938		117,090
Cipla Ltd.		10,496		187,444
Coal India Ltd.		32,513		170,736
Colgate-Palmolive India Ltd.		2,573		78,248
Container Corp. of India Ltd.		5,822		68,587
Cummins India Ltd.		2,419		79,924
Dabur India Ltd.		12,177		79,075
Divi’s Laboratories Ltd.		2,501		105,200
DLF Ltd.		14,031		152,428
Dr. Reddy’s Laboratories Ltd.		2,173		168,494
Eicher Motors Ltd.		2,788		127,403
GAIL India Ltd.		45,958		100,850
GMR Airports Infrastructure Ltd.^(a)		46,658		47,268
Godrej Consumer Products Ltd.		8,118		122,907
Godrej Properties Ltd.^(a)		2,911		84,206
Grasim Industries Ltd.		5,658		149,342
Havells India Ltd.		5,125		94,558
HCL Technologies Ltd.		19,106		382,887
HDFC Asset Management Co. Ltd.^(b)		1,681		76,077
HDFC Bank Ltd.		57,020		963,008
HDFC Life Insurance Co. Ltd.^(b)		20,336		142,755
Hero MotoCorp Ltd.		2,355		125,506
Hindalco Industries Ltd.		25,707		155,937
Hindustan Aeronautics Ltd., NVS		3,854		143,092
Hindustan Petroleum Corp. Ltd.		11,808		72,591
Hindustan Unilever Ltd.		16,523		480,733
ICICI Bank Ltd.		105,520		1,340,184
ICICI Lombard General Insurance Co. Ltd.^(b)		4,841		100,011
ICICI Prudential Life Insurance Co. Ltd.^(b)		7,545		48,491
IDFC First Bank Ltd.^(a)		63,394		61,937
Indian Hotels Co. Ltd., Class A		17,653		124,948
Indian Oil Corp. Ltd.		55,063		109,806
Indian Railway Catering & Tourism Corp. Ltd.		4,860		54,342
Indraprastha Gas Ltd.		6,929		35,562
IndusInd Bank Ltd.		4,665		82,868


Security	Shares		Value

India (continued)
Info Edge India Ltd.		1,558	$	98,835
Infosys Ltd.		67,240		1,353,171
InterGlobe Aviation Ltd.^(a)(b)		2,870		108,980
ITC Ltd.		61,090		298,977
Jindal Steel & Power Ltd.		7,913		73,824
Jio Financial Services Ltd., NVS^(a)		57,778		215,697
JSW Steel Ltd.		12,792		123,329
Jubilant Foodworks Ltd.		8,077		45,179
Kotak Mahindra Bank Ltd.		22,427		456,277
Larsen & Toubro Ltd.		13,719		575,187
LTIMindtree Ltd.^(b)		1,830		117,005
Lupin Ltd.		4,100		80,199
Macrotech Developers Ltd.		4,822		67,566
Mahindra & Mahindra Ltd.		19,193		446,904
Marico Ltd.		9,594		60,447
Maruti Suzuki India Ltd.		2,747		373,852
Max Healthcare Institute Ltd.		16,113		154,212
Mphasis Ltd.		1,599		50,444
MRF Ltd.		41		72,280
Muthoot Finance Ltd.		3,075		48,233
Nestle India Ltd., NVS		6,560		205,443
NMDC Ltd.		18,532		50,489
NTPC Ltd.		85,977		347,421
Oil & Natural Gas Corp. Ltd.		62,115		197,612
One 97 Communications Ltd., NVS^(a)		5,183		25,087
Page Industries Ltd.		123		50,894
Persistent Systems Ltd.		950		98,860
Petronet LNG Ltd.		16,113		53,052
PI Industries Ltd.		1,804		79,907
Pidilite Industries Ltd.		3,321		109,651
Polycab India Ltd.		823		47,114
Power Finance Corp. Ltd.		30,465		147,381
Power Grid Corp. of India Ltd.		89,161		304,616
Punjab National Bank		41,615		61,156
REC Ltd.		25,420		135,360
Reliance Industries Ltd.		61,787		2,174,609
Samvardhana Motherson International Ltd.		48,093		69,094
SBI Cards & Payment Services Ltd.		5,494		47,663
SBI Life Insurance Co. Ltd.^(b)		9,266		173,135
Shree Cement Ltd.		205		62,913
Shriram Finance Ltd.		5,822		171,023
Siemens Ltd.		1,804		101,712
Sona Blw Precision Forgings Ltd.^(b)		9,143		75,942
SRF Ltd.		3,116		89,828
State Bank of India		36,777		331,169
Sun Pharmaceutical Industries Ltd.		19,352		367,901
Supreme Industries Ltd.		1,230		61,515
Suzlon Energy Ltd.^(a)		173,588		94,574
Tata Communications Ltd.		1,895		43,885
Tata Consultancy Services Ltd.		18,409		908,136
Tata Consumer Products Ltd.		11,585		166,139
Tata Elxsi Ltd.		738		69,494
Tata Motors Ltd.		34,227		391,869
Tata Motors Ltd., Class A		7,351		55,974
Tata Power Co. Ltd. (The)		29,192		130,922
Tata Steel Ltd.		149,691		253,752
Tech Mahindra Ltd.		11,070		170,115
Titan Co. Ltd.		7,257		317,142
Torrent Pharmaceuticals Ltd.		2,091		67,369
Trent Ltd.		3,813		178,206
Tube Investments of India Ltd.		2,255		94,660
TVS Motor Co. Ltd.		5,002		128,897


Security	Shares		Value

India (continued)
UltraTech Cement Ltd.		2,337	$	278,819
Union Bank of India Ltd.		27,839		49,120
United Spirits Ltd.		6,068		85,296
UPL Ltd.		9,635		54,567
Varun Beverages Ltd.		9,717		165,134
Vedanta Ltd.		15,252		49,146
Wipro Ltd.		26,149		163,139
Yes Bank Ltd.^(a)		282,900		83,187
Zomato Ltd.^(a)		120,950		240,740


				25,544,007

Kazakhstan — 0.0%
Polymetal International PLC^(a)(d)		10,488		1


Russia — 0.0%
Alrosa PJSC^(a)(d)		83,790		9
Gazprom PJSC^(a)(d)		376,774		41
Inter RAO UES PJSC^(a)(d)		1,065,900		117
LUKOIL PJSC^(a)(d)		12,996		1
MMC Norilsk Nickel PJSC^(a)(d)		1,995		—
Mobile TeleSystems PJSC^(a)(d)		16,644		2
Moscow Exchange MICEX-RTS PJSC^(a)(d)		41,040		5
Novatek PJSC^(a)(d)		29,170		3
Novolipetsk Steel PJSC^(a)(d)		41,610		5
Ozon Holdings PLC, ADR^(a)(d)		1,881		—
PhosAgro PJSC^(a)(d)		1,464		—
PhosAgro PJSC, GDR^(a)(d)(e)		1		—
PhosAgro PJSC, New^(a)(d)		28		—
Polyus PJSC^(a)(d)		1,083		—
Rosneft Oil Co. PJSC^(a)(d)		37,278		4
Sberbank of Russia PJSC^(a)(d)		331,170		36
Severstal PAO^(a)(d)		6,669		1
Surgutneftegas PJSC^(a)(d)		182,410		20
Tatneft PJSC^(a)(d)		41,097		5
TCS Group Holding PLC, GDR^(a)(d)(e)		3,884		—
United Co. RUSAL International PJSC^(a)(d)		95,760		11
VK Co. Ltd.^(a)(d)		4,446		1
VTB Bank PJSC^(a)(d)		153,340,001		17
X5 Retail Group NV, GDR^(a)(d)		2,622		—
Yandex NV^(a)(d)		9,690		1


				279


Total Common Stocks — 96.6% (Cost: $90,995,137)				67,145,803


Preferred Stocks

Brazil — 3.2%
Banco Bradesco SA, Preference Shares, NVS		107,594		297,604
Centrais Eletricas Brasileiras SA, Class B, Preference Shares, NVS		4,510		43,466
Cia. Energetica de Minas Gerais, Preference Shares, NVS		27,902		67,186
Companhia Paranaense de Energia, Preference Shares, NVS		19,680		40,460
Gerdau SA, Preference Shares, NVS		22,962		99,311
Itau Unibanco Holding SA, Preference Shares, NVS		98,277		670,982
Itausa SA, Preference Shares, NVS		111,343		230,700
Petroleo Brasileiro SA, Preference Shares, NVS		96,770		781,386


				2,231,095


Security	Shares		Value


Russia — 0.0%
Surgutneftegas PJSC, Preference Shares, NVS^(a)(d)		193,800	$	21


Total Preferred Stocks — 3.2% (Cost: $1,380,445)				2,231,116


Rights

China — 0.0%
Kangmei Pharmaceutical Co. Ltd., (Expires 12/31/49)^(a)		2,278		—


Total Rights — 0.0% (Cost: $—)				—


Total Long-Term Investments — 99.8% (Cost: $92,375,582)				69,376,919


Short-Term Securities

Money Market Funds — 2.1%
BlackRock Cash Funds: Institutional, SL Agency Shares, 5.50%^(f)(g)(h)		830,356		830,771
BlackRock Cash Funds: Treasury, SL Agency Shares, 5.30%^(f)(g)		640,000		640,000


Total Short-Term Securities — 2.1% (Cost: $1,470,411)				1,470,771


Total Investments — 101.9% (Cost: $93,845,993)				70,847,690

Liabilities in Excess of Other Assets — (1.9)%				(1,325,608	)


Net Assets — 100.0%			$	69,522,082

As of period end, the fair values of derivative financial instruments located in the Statements of Assets and Liabilities were as follows:

For the period ended February 29, 2024, the effect of derivative financial instruments in the Statements of Operations was as follows:

For more information about the Fund’s investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements.


Security	Shares		Value

Common Stocks

China — 32.3%
360 Security Technology Inc., Class A^(a)		31,099	$	37,809
37 Interactive Entertainment Network Technology Group Co. Ltd., Class A		11,700		31,514
AAC Technologies Holdings Inc.		62,500		155,384
Advanced Micro-Fabrication Equipment Inc., Class A		4,600		93,837
AECC Aero-Engine Control Co. Ltd., Class A		6,500		15,945
AECC Aviation Power Co. Ltd., Class A		15,400		73,520
Agricultural Bank of China Ltd., Class A		427,800		248,504
Agricultural Bank of China Ltd., Class H		2,018,000		827,875
Aier Eye Hospital Group Co. Ltd., Class A		37,426		75,882
Air China Ltd., Class A^(a)		57,300		59,344
Air China Ltd., Class H^(a)		124,000		66,400
Akeso Inc.^(a)(b)(c)		35,000		209,875
Alibaba Group Holding Ltd.		1,216,820		11,187,051
Alibaba Health Information Technology Ltd.^(a)(c)		372,000		162,547
Aluminum Corp. of China Ltd., Class A		102,800		85,969
Aluminum Corp. of China Ltd., Class H		244,000		121,583
Amlogic Shanghai Co. Ltd.		2,875		22,295
Anhui Conch Cement Co. Ltd., Class A		13,600		45,144
Anhui Conch Cement Co. Ltd., Class H		98,500		214,334
Anhui Gujing Distillery Co. Ltd., Class A		3,000		90,928
Anhui Gujing Distillery Co. Ltd., Class B		6,525		92,253
Anhui Yingjia Distillery Co. Ltd., Class A		6,200		55,019
ANTA Sports Products Ltd.		99,200		967,106
Asymchem Laboratories Tianjin Co. Ltd., Class A		3,220		45,192
Autohome Inc., ADR		4,843		125,870
Avary Holding Shenzhen Co. Ltd., Class A		5,100		14,900
AVIC Industry-Finance Holdings Co. Ltd., Class A		80,600		37,076
AviChina Industry & Technology Co. Ltd., Class H		231,000		94,782
Baidu Inc.^(a)		167,442		2,118,710
Bank of Beijing Co. Ltd., Class A		103,000		74,038
Bank of Chengdu Co. Ltd., Class A		18,800		34,468
Bank of China Ltd., Class A		178,000		110,297
Bank of China Ltd., Class H		5,909,000		2,318,108
Bank of Communications Co. Ltd., Class A		192,000		166,846
Bank of Communications Co. Ltd., Class H		620,000		406,190
Bank of Hangzhou Co. Ltd., Class A		30,600		47,018
Bank of Jiangsu Co. Ltd., Class A		92,458		98,303
Bank of Nanjing Co. Ltd., Class A		49,700		60,299
Bank of Ningbo Co. Ltd., Class A		31,000		95,552
Bank of Shanghai Co. Ltd., Class A		69,070		62,577
Baoshan Iron & Steel Co. Ltd., Class A		117,800		108,852
BeiGene Ltd.^(a)		49,575		638,266
Beijing Dabeinong Technology Group Co. Ltd., Class A		14,700		10,730
Beijing Enlight Media Co. Ltd., Class A		14,000		17,579
Beijing Enterprises Holdings Ltd.		30,000		112,855
Beijing Enterprises Water Group Ltd.		372,000		87,264
Beijing Kingsoft Office Software Inc., Class A		2,947		110,861
Beijing New Building Materials PLC, Class A		9,200		35,820
Beijing Tongrentang Co. Ltd., Class A		6,300		38,911
Beijing Wantai Biological Pharmacy Enterprise Co. Ltd., Class A		6,160		63,197
Beijing-Shanghai High Speed Railway Co. Ltd., Class A		198,600		139,155
Bilibili Inc.^(a)(c)		12,407		120,314
Bloomage Biotechnology Corp. Ltd.		4,071		36,077
BOC Aviation Ltd.^(b)		12,400		91,278
BOE Technology Group Co. Ltd., Class A		168,500		93,215
Bosideng International Holdings Ltd.		270,000		135,804
Brilliance China Automotive Holdings Ltd.		124,000		72,179


Security	Shares		Value

China (continued)
BYD Co. Ltd., Class A		9,200	$	242,996
BYD Co. Ltd., Class H		76,500		1,884,200
BYD Electronic International Co. Ltd.		62,000		234,104
C&D International Investment Group Ltd.		63,000		102,434
Caitong Securities Co. Ltd., Class A		13,380		14,806
Cambricon Technologies Corp. Ltd.^(a)		2,910		68,107
Canmax Technologies Co. Ltd., Class A		5,360		16,967
CGN Power Co. Ltd.		93,000		49,814
CGN Power Co. Ltd., Class H^(b)		868,000		263,596
Changchun High & New Technology Industry Group Inc., Class A		3,400		60,705
Changjiang Securities Co. Ltd., Class A		52,200		39,825
Chaozhou Three-Circle Group Co. Ltd., Class A		6,899		24,276
Chengxin Lithium Group Co. Ltd., Class A		6,200		18,830
China Cinda Asset Management Co. Ltd., Class H		807,000		77,272
China CITIC Bank Corp. Ltd., Class H		670,000		356,231
China Coal Energy Co. Ltd., Class H		127,000		136,769
China Communications Services Corp. Ltd., Class H		248,000		105,345
China Construction Bank Corp., Class A		43,500		42,211
China Construction Bank Corp., Class H		7,187,000		4,457,062
China CSSC Holdings Ltd., Class A		23,200		114,336
China Eastern Airlines Corp. Ltd., Class A^(a)		143,672		75,843
China Energy Engineering Corp. Ltd.		156,500		47,289
China Everbright Bank Co. Ltd., Class A		237,600		106,065
China Everbright Bank Co. Ltd., Class H		191,000		59,716
China Feihe Ltd.^(b)		249,000		123,850
China Galaxy Securities Co. Ltd., Class A		18,600		31,349
China Galaxy Securities Co. Ltd., Class H		208,000		109,290
China Gas Holdings Ltd.		186,000		170,224
China Great Wall Securities Co. Ltd., Class A		25,200		27,646
China Hongqiao Group Ltd.		171,000		132,334
China International Capital Corp. Ltd., Class A		12,500		60,609
China International Capital Corp. Ltd., Class H^(b)		99,200		124,353
China Jushi Co. Ltd., Class A		19,400		26,931
China Life Insurance Co. Ltd., Class A		7,800		32,738
China Life Insurance Co. Ltd., Class H		579,000		709,732
China Literature Ltd.^(a)(b)		25,200		77,256
China Longyuan Power Group Corp. Ltd., Class H		229,000		161,379
China Medical System Holdings Ltd.		125,000		205,484
China Mengniu Dairy Co. Ltd.		259,000		647,588
China Merchants Bank Co. Ltd., Class A		86,800		384,379
China Merchants Bank Co. Ltd., Class H		279,331		1,080,178
China Merchants Energy Shipping Co. Ltd., Class A		25,000		24,978
China Merchants Expressway Network & Technology Holdings Co. Ltd.		62,000		90,767
China Merchants Port Holdings Co. Ltd.		128,000		158,880
China Merchants Securities Co. Ltd., Class A		43,470		85,051
China Merchants Shekou Industrial Zone Holdings Co. Ltd., Class A		41,475		54,116
China Minsheng Banking Corp. Ltd., Class A		198,600		111,268
China Minsheng Banking Corp. Ltd., Class H		447,660		157,551
China National Building Material Co. Ltd., Class H		224,000		84,248
China National Chemical Engineering Co. Ltd., Class A		46,000		44,519
China National Nuclear Power Co. Ltd., Class A		81,100		97,630
China Northern Rare Earth Group High-Tech Co. Ltd., Class A		21,300		55,709
China Oilfield Services Ltd., Class H		176,000		154,879
China Overseas Land & Investment Ltd.		280,000		413,509
China Overseas Property Holdings Ltd.		120,000		100,888
China Pacific Insurance Group Co. Ltd., Class A		33,400		118,271
China Pacific Insurance Group Co. Ltd., Class H		180,800		342,951
China Petroleum & Chemical Corp., Class A		131,000		113,360


Security	Shares		Value

China (continued)
China Petroleum & Chemical Corp., Class H		1,794,600	$	988,741
China Power International Development Ltd.		388,000		156,726
China Railway Group Ltd., Class A		86,896		76,440
China Railway Group Ltd., Class H		303,000		147,588
China Renewable Energy Investment Ltd.^(d)		2,513		—
China Resources Beer Holdings Co. Ltd.		126,000		542,928
China Resources Gas Group Ltd.		66,400		200,377
China Resources Land Ltd.		249,777		762,907
China Resources Microelectronics Ltd.		8,542		50,701
China Resources Mixc Lifestyle Services Ltd.^(b)		50,000		150,691
China Resources Pharmaceutical Group Ltd.^(b)		125,000		84,542
China Resources Power Holdings Co. Ltd.		158,000		340,119
China Resources Sanjiu Medical & Pharmaceutical Co. Ltd., Class A		6,490		49,514
China Ruyi Holdings Ltd.^(a)(c)		396,000		77,731
China Shenhua Energy Co. Ltd., Class A		32,200		172,032
China Shenhua Energy Co. Ltd., Class H		248,000		954,227
China Southern Airlines Co. Ltd., Class A^(a)		68,800		56,413
China State Construction Engineering Corp. Ltd., Class A		175,140		129,795
China State Construction International Holdings Ltd.		134,000		149,318
China Taiping Insurance Holdings Co. Ltd.		112,500		97,742
China Three Gorges Renewables Group Co. Ltd., Class A		117,800		75,472
China Tourism Group Duty Free Corp. Ltd.^(b)(c)		6,200		60,712
China Tourism Group Duty Free Corp. Ltd., Class A		10,300		124,032
China Tower Corp. Ltd., Class H^(b)		3,348,000		405,804
China United Network Communications Ltd., Class A		147,000		97,813
China Vanke Co. Ltd., Class A		58,900		81,832
China Vanke Co. Ltd., Class H		130,200		100,382
China Yangtze Power Co. Ltd., Class A		105,500		366,726
China Zhenhua Group Science & Technology Co. Ltd., Class A		3,900		31,014
China Zheshang Bank Co. Ltd., Class A		172,010		66,299
Chongqing Brewery Co. Ltd., Class A		3,199		28,984
Chongqing Changan Automobile Co. Ltd., Class A		43,412		89,550
Chongqing Zhifei Biological Products Co. Ltd., Class A		8,250		61,174
Chow Tai Fook Jewellery Group Ltd.		148,800		221,723
CITIC Ltd.		434,000		436,592
CITIC Securities Co. Ltd., Class A		49,690		146,613
CITIC Securities Co. Ltd., Class H		125,225		231,473
CMOC Group Ltd., Class A		52,300		44,517
CMOC Group Ltd., Class H		315,000		194,326
Contemporary Amperex Technology Co. Ltd., Class A		21,420		484,466
COSCO Shipping Energy Transportation Co. Ltd., Class A		1,300		2,479
COSCO Shipping Energy Transportation Co. Ltd., Class H		128,000		121,104
COSCO Shipping Holdings Co. Ltd., Class A		50,250		73,216
COSCO Shipping Holdings Co. Ltd., Class H		217,950		234,632
COSCO Shipping Ports Ltd.		68,000		40,575
Country Garden Holdings Co. Ltd.^(a)(c)		930,828		75,642
Country Garden Services Holdings Co. Ltd.		177,000		134,730
CRRC Corp. Ltd., Class A		125,700		111,235
CRRC Corp. Ltd., Class H		306,000		157,545
CSC Financial Co. Ltd., Class A		19,100		61,599
CSPC Innovation Pharmaceutical Co. Ltd.		6,200		29,450
CSPC Pharmaceutical Group Ltd.		621,200		483,821
CSSC Science & Technology Co. Ltd.		6,200		15,085
Daqin Railway Co. Ltd., Class A		73,300		75,880
Dong-E-E-Jiao Co. Ltd., Class A		6,500		52,462
Dongfang Electric Corp. Ltd., Class A		6,200		14,060


Security	Shares		Value

China (continued)
Dongfeng Motor Group Co. Ltd., Class H		256,000	$	109,506
Dongxing Securities Co. Ltd., Class A		12,400		14,589
East Buy Holding Ltd.^(a)(b)(c)		31,000		95,557
East Money Information Co. Ltd., Class A		56,298		109,358
Ecovacs Robotics Co. Ltd., Class A		3,600		18,611
Empyrean Technology Co. Ltd., NVS		6,200		78,292
ENN Energy Holdings Ltd.		62,100		504,242
ENN Natural Gas Co. Ltd., Class A		12,400		32,201
Eve Energy Co. Ltd., Class A		12,400		65,796
Everbright Securities Co. Ltd., Class A		18,600		43,580
Fangda Carbon New Material Co. Ltd., Class A^(a)		31,440		21,465
Far East Horizon Ltd.		133,000		106,848
First Capital Securities Co. Ltd., Class A		40,400		32,075
Flat Glass Group Co. Ltd., Class A		3,000		9,078
Flat Glass Group Co. Ltd., Class H		51,000		94,287
Focus Media Information Technology Co. Ltd., Class A		79,000		68,877
Foshan Haitian Flavouring & Food Co. Ltd., Class A		18,748		105,367
Fosun International Ltd.		188,500		108,753
Founder Securities Co. Ltd., Class A		43,400		45,884
Foxconn Industrial Internet Co. Ltd., Class A		49,800		129,139
Fuyao Glass Industry Group Co. Ltd., Class A		6,300		37,830
Fuyao Glass Industry Group Co. Ltd., Class H^(b)		53,600		268,666
Ganfeng Lithium Group Co. Ltd., Class A		10,920		60,555
Ganfeng Lithium Group Co. Ltd., Class H^(b)(c)		30,880		102,300
GCL Technology Holdings Ltd.		1,612,000		224,227
GD Power Development Co. Ltd., Class A		87,600		56,889
Geely Automobile Holdings Ltd.		440,000		478,840
GEM Co. Ltd., Class A		45,700		33,964
Genscript Biotech Corp.^(a)(c)		102,000		206,207
GF Securities Co. Ltd., Class A		29,800		58,545
GF Securities Co. Ltd., Class H		69,800		74,947
Giant Biogene Holding Co. Ltd.^(a)(b)		12,400		56,698
GigaDevice Semiconductor Inc., Class A		5,000		50,804
Ginlong Technologies Co. Ltd., Class A		2,800		25,274
GoerTek Inc., Class A		21,700		50,141
Goldwind Science & Technology Co Ltd., Class A		25,102		26,593
Gongniu Group Co. Ltd.		6,200		87,755
Gotion High-tech Co. Ltd., Class A^(a)		9,000		24,704
Great Wall Motor Co. Ltd.		12,600		40,852
Great Wall Motor Co. Ltd., Class H		159,500		180,020
Gree Electric Appliances Inc. of Zhuhai, Class A		12,400		67,105
Guangdong Haid Group Co. Ltd., Class A		2,800		16,728
Guangdong Investment Ltd.		256,000		151,915
Guanghui Energy Co. Ltd., Class A		21,300		22,133
Guangzhou Automobile Group Co. Ltd., Class A		49,900		61,590
Guangzhou Automobile Group Co. Ltd., Class H		92,800		40,154
Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd., Class A		13,200		54,207
Guangzhou Haige Communications Group Inc. Co., Class A		43,400		69,619
Guangzhou Shiyuan Electronic Technology Co. Ltd., Class A		5,000		27,177
Guangzhou Tinci Materials Technology Co. Ltd., Class A		18,600		53,273
Guosen Securities Co. Ltd., Class A		31,500		37,639
Guotai Junan Securities Co. Ltd., Class A		37,600		78,658
Guoyuan Securities Co. Ltd., Class A		31,240		30,204
H World Group Ltd., ADR		15,500		566,680
Haidilao International Holding Ltd.^(b)		134,000		243,689
Haier Smart Home Co. Ltd., Class A		31,200		103,924
Haier Smart Home Co. Ltd., Class H		173,600		525,772
Hainan Airlines Holding Co. Ltd., Class A^(a)		155,000		30,767


Security	Shares		Value

China (continued)
Hainan Airport Infrastructure Co. Ltd., NVS^(a)		91,900	$	47,771
Haitian International Holdings Ltd.		64,000		162,052
Haitong Securities Co. Ltd., Class A		50,400		63,846
Haitong Securities Co. Ltd., Class H		173,600		86,174
Hangzhou First Applied Material Co. Ltd., Class A		6,664		25,691
Hangzhou Robam Appliances Co. Ltd., Class A		6,300		21,804
Hangzhou Silan Microelectronics Co. Ltd., Class A		10,900		31,569
Hangzhou Tigermed Consulting Co. Ltd., Class A		3,400		21,226
Hansoh Pharmaceutical Group Co. Ltd.^(b)		104,000		183,307
Henan Shuanghui Investment & Development Co. Ltd., Class A		14,656		59,329
Hengan International Group Co. Ltd.		57,000		175,685
Hengli Petrochemical Co. Ltd., Class A^(a)		37,300		65,893
Hengyi Petrochemical Co. Ltd., Class A^(a)		37,290		35,741
Hesteel Co. Ltd., Class A		74,400		22,478
Hithink RoyalFlush Information Network Co. Ltd., Class A		3,700		70,207
HLA Group Corp. Ltd., Class A		18,600		22,237
Hongfa Technology Co. Ltd., Class A		5,840		20,138
Hoshine Silicon Industry Co. Ltd., Class A		12,400		91,197
Hua Hong Semiconductor Ltd.^(a)(b)		53,000		113,591
Huadian Power International Corp. Ltd., Class A		39,200		33,671
Huadong Medicine Co. Ltd., Class A		6,372		29,671
Hualan Biological Engineering Inc., Class A		12,600		34,432
Huaneng Power International Inc., Class A^(a)		50,800		62,155
Huaneng Power International Inc., Class H^(a)		280,000		157,041
Huatai Securities Co. Ltd., Class A		37,300		75,113
Huatai Securities Co. Ltd., Class H^(b)		76,800		90,649
Huaxia Bank Co. Ltd., Class A		68,200		59,967
Huayu Automotive Systems Co. Ltd., Class A		21,500		52,019
Huizhou Desay Sv Automotive Co. Ltd., Class A		4,100		58,158
Hunan Valin Steel Co. Ltd., Class A		24,900		19,616
Hundsun Technologies Inc., Class A		2,775		9,384
Hygeia Healthcare Holdings Co. Ltd.^(b)(c)		19,800		74,326
Hygon Information Technology Co. Ltd., NVS		7,874		92,943
IEIT Systems Co. Ltd., Class A		8,500		44,102
Iflytek Co. Ltd., Class A		9,700		66,559
Imeik Technology Development Co. Ltd., Class A		1,500		68,104
Industrial & Commercial Bank of China Ltd., Class A		291,700		215,564
Industrial & Commercial Bank of China Ltd., Class H		4,851,000		2,486,684
Industrial Bank Co. Ltd., Class A		93,200		215,001
Industrial Securities Co. Ltd., Class A		56,240		45,298
Ingenic Semiconductor Co. Ltd., Class A		3,600		32,597
Inner Mongolia BaoTou Steel Union Co. Ltd., Class A^(a)		217,000		46,364
Inner Mongolia Junzheng Energy & Chemical Industry Group Co. Ltd., Class A		83,100		44,807
Inner Mongolia Yili Industrial Group Co. Ltd., Class A		31,100		122,100
Inner Mongolia Yitai Coal Co. Ltd., Class B		80,600		161,897
Innovent Biologics Inc.^(a)(b)		93,000		501,521
iQIYI Inc., ADR^(a)		33,915		125,146
JA Solar Technology Co. Ltd., Class A		13,488		35,036
JCET Group Co. Ltd., Class A		3,700		13,430
JD Health International Inc.^(a)(b)(c)		80,200		302,480
JD Logistics Inc.^(a)(b)		130,200		128,560
JD.com Inc.		176,444		1,991,326
Jiangsu Eastern Shenghong Co. Ltd., Class A		25,300		36,827
Jiangsu Expressway Co. Ltd., Class H		134,000		137,643
Jiangsu Hengli Hydraulic Co. Ltd., Class A		3,820		30,076
Jiangsu Hengrui Pharmaceuticals Co. Ltd., Class A		28,176		166,283
Jiangsu King’s Luck Brewery JSC Ltd., Class A		6,300		46,782
Jiangsu Yanghe Brewery Joint-Stock Co. Ltd., Class A		2,503		34,927
Jiangsu Yangnong Chemical Co. Ltd., Class A		2,990		22,667


Security	Shares		Value

China (continued)
Jiangsu Zhongtian Technology Co. Ltd., Class A		7,900	$	14,326
Jiangxi Copper Co. Ltd., Class A		24,400		66,147
Jiangxi Copper Co. Ltd., Class H		78,000		115,761
Jinko Solar Co. Ltd.		24,993		30,648
JiuGui Liquor Co. Ltd., Class A		2,400		20,240
Joincare Pharmaceutical Group Industry Co. Ltd., Class A		12,929		21,603
Jointown Pharmaceutical Group Co. Ltd., Class A		24,853		28,073
Juneyao Airlines Co. Ltd., Class A^(a)		18,800		34,647
Kanzhun Ltd., ADR		16,678		261,011
KE Holdings Inc., ADR		49,043		666,494
Kingboard Holdings Ltd.		62,000		121,611
Kingdee International Software Group Co. Ltd.^(a)		225,000		241,940
Kingsoft Corp. Ltd.		64,600		179,500
Kuaishou Technology^(a)(b)		176,900		998,938
Kunlun Energy Co. Ltd.		232,000		197,783
Kunlun Tech Co. Ltd., Class A^(a)		6,400		35,897
Kweichow Moutai Co. Ltd., Class A		5,818		1,364,839
LB Group Co. Ltd., Class A		18,700		48,657
Legend Biotech Corp., ADR^(a)		5,084		331,273
Lenovo Group Ltd.		602,000		665,047
Lens Technology Co. Ltd., Class A		24,900		41,779
Lepu Medical Technology Beijing Co. Ltd., Class A		5,200		10,889
Li Auto Inc.^(a)		86,748		1,979,759
Li Ning Co. Ltd.		155,000		383,487
Longfor Group Holdings Ltd.^(b)		155,500		194,764
LONGi Green Energy Technology Co. Ltd., Class A		31,256		92,012
Luxshare Precision Industry Co. Ltd., Class A		31,141		119,164
Luzhou Laojiao Co. Ltd., Class A		7,700		186,712
Mango Excellent Media Co. Ltd., Class A		6,300		21,632
Maxscend Microelectronics Co. Ltd., Class A		2,820		42,049
Meinian Onehealth Healthcare Holdings Co. Ltd., Class A^(a)		12,384		9,556
Meituan, Class B^(a)(b)		378,750		3,845,133
Metallurgical Corp. of China Ltd., Class A		55,800		25,752
MGI Tech Co. Ltd., NVS		3,782		37,535
Midea Group Co. Ltd., Class A		18,600		161,650
Ming Yang Smart Energy Group Ltd., Class A		12,300		17,408
MINISO Group Holding Ltd.		30,940		142,203
Montage Technology Co. Ltd., Class A		8,400		60,908
Muyuan Foods Co. Ltd., Class A		29,211		155,626
NARI Technology Co. Ltd., Class A		33,793		108,596
National Silicon Industry Group Co. Ltd., Class A^(a)		12,400		26,510
NAURA Technology Group Co. Ltd., Class A		3,400		133,993
NetEase Inc.		142,700		3,099,811
New China Life Insurance Co. Ltd., Class A		12,600		57,214
New China Life Insurance Co. Ltd., Class H		48,200		92,594
New Hope Liuhe Co. Ltd., Class A^(a)		43,500		53,370
New Oriental Education & Technology Group Inc.^(a)		111,860		1,051,292
Ninestar Corp., Class A		7,200		23,411
Ningbo Deye Technology Co. Ltd., NVS		2,700		31,352
Ningbo Orient Wires & Cables Co. Ltd.		6,200		33,310
Ningbo Sanxing Medical Electric Co. Ltd.		12,400		46,528
Ningbo Shanshan Co. Ltd.		18,600		29,521
Ningbo Tuopu Group Co. Ltd., Class A		6,700		54,420
Ningxia Baofeng Energy Group Co. Ltd., Class A		43,500		91,966
NIO Inc., ADR^(a)(c)		102,929		591,842
Nongfu Spring Co. Ltd., Class H^(b)		148,800		841,434
OFILM Group Co. Ltd., Class A^(a)		14,900		16,872
Oppein Home Group Inc., Class A		3,800		36,559
Orient Overseas International Ltd.		12,500		193,567
Orient Securities Co. Ltd., Class A		37,444		45,710


Security	Shares		Value

China (continued)
Pangang Group Vanadium Titanium & Resources Co. Ltd., Class A^(a)		43,400	$	19,167
PDD Holdings Inc., ADR^(a)		44,635		5,558,843
People’s Insurance Co. Group of China Ltd. (The), Class A		25,100		18,246
People’s Insurance Co. Group of China Ltd. (The), Class H		683,000		227,510
Perfect World Co. Ltd., Class A		12,996		21,073
PetroChina Co. Ltd., Class A		105,400		129,023
PetroChina Co. Ltd., Class H		1,524,000		1,195,291
Pharmaron Beijing Co. Ltd., Class A		5,400		17,451
PICC Property & Casualty Co. Ltd., Class H		550,740		752,927
Ping An Bank Co. Ltd., Class A		86,536		126,879
Ping An Insurance Group Co. of China Ltd., Class A		43,600		258,604
Ping An Insurance Group Co. of China Ltd., Class H		491,500		2,185,783
Poly Developments and Holdings Group Co. Ltd., Class A		53,400		72,173
Pop Mart International Group Ltd.^(b)		32,000		79,775
Postal Savings Bank of China Co. Ltd., Class A		149,200		100,216
Postal Savings Bank of China Co. Ltd., Class H^(b)		581,000		305,242
Power Construction Corp. of China Ltd., Class A		87,200		61,747
Qifu Technology Inc.		8,333		128,745
Qinghai Salt Lake Industry Co. Ltd., Class A^(a)		18,700		41,890
Range Intelligent Computing Technology Group Co. Ltd.		12,400		44,618
Rongsheng Petrochemical Co. Ltd., Class A		49,128		69,854
SAIC Motor Corp. Ltd., Class A		44,422		92,079
Sanan Optoelectronics Co. Ltd., Class A		24,800		42,773
Sany Heavy Equipment International Holdings Co. Ltd.		63,000		48,716
Sany Heavy Industry Co. Ltd., Class A		37,400		72,158
Satellite Chemical Co. Ltd., Class A^(a)		31,012		71,195
SDIC Capital Co. Ltd., Class A		24,900		23,844
SDIC Power Holdings Co. Ltd., Class A		37,200		74,386
Seazen Holdings Co. Ltd., Class A^(a)		14,900		21,414
Seres Group Co. Ltd., NVS^(a)		6,200		79,068
SF Holding Co. Ltd., Class A		25,100		133,106
SG Micro Corp., Class A		3,510		34,435
Shaanxi Coal Industry Co. Ltd., Class A		43,573		155,801
Shan Xi Hua Yang Group New Energy Co. Ltd.		16,650		23,365
Shandong Gold Mining Co. Ltd., Class A		24,860		74,608
Shandong Gold Mining Co. Ltd., Class H^(b)		46,500		73,473
Shandong Hualu Hengsheng Chemical Co. Ltd., Class A		6,100		23,235
Shandong Linglong Tyre Co. Ltd., Class A		12,405		38,074
Shandong Nanshan Aluminum Co. Ltd., Class A		136,500		58,691
Shandong Weigao Group Medical Polymer Co. Ltd., Class H		197,200		128,201
Shanghai Aiko Solar Energy Co. Ltd.		9,880		20,706
Shanghai Baosight Software Co. Ltd., Class A		4,040		26,232
Shanghai Baosight Software Co. Ltd., Class B		33,276		74,767
Shanghai Electric Group Co. Ltd., Class A^(a)		81,600		47,963
Shanghai Fosun Pharmaceutical Group Co. Ltd., Class A		6,300		21,455
Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H		43,500		78,382
Shanghai International Airport Co. Ltd., Class A^(a)		6,900		33,604
Shanghai International Port Group Co. Ltd., Class A		24,300		18,306
Shanghai Jinjiang International Hotels Co. Ltd., Class A		7,056		28,403
Shanghai Junshi Biosciences Co. Ltd.^(a)		5,200		22,677
Shanghai M&G Stationery Inc., Class A		200		988
Shanghai Pharmaceuticals Holding Co. Ltd., Class A		18,900		47,478


Security	Shares		Value

China (continued)
Shanghai Pharmaceuticals Holding Co. Ltd., Class H		51,600	$	82,978
Shanghai Pudong Development Bank Co. Ltd., Class A		155,500		154,073
Shanghai Putailai New Energy Technology Co. Ltd., Class A		11,275		29,345
Shanghai RAAS Blood Products Co. Ltd., Class A		23,700		23,642
Shanghai Rural Commercial Bank Co. Ltd.		56,000		50,092
Shanghai United Imaging Healthcare Co. Ltd., NVS		3,696		73,045
Shanghai Zhangjiang High-Tech Park Development Co. Ltd., Class A		6,200		17,157
Shanxi Coal International Energy Group Co. Ltd.		12,700		32,396
Shanxi Coking Coal Energy Group Co. Ltd., Class A		25,080		40,499
Shanxi Lu’an Environmental Energy Development Co. Ltd., Class A		24,800		88,925
Shanxi Meijin Energy Co. Ltd., Class A^(a)		33,900		32,276
Shanxi Taigang Stainless Steel Co. Ltd., Class A		74,400		39,113
Shanxi Xinghuacun Fen Wine Factory Co. Ltd., Class A		6,220		200,251
Shede Spirits Co. Ltd.		6,200		69,946
Shennan Circuits Co. Ltd., Class A		3,800		36,967
Shenwan Hongyuan Group Co. Ltd., Class A		110,700		70,285
Shenzhen Energy Group Co. Ltd., Class A		31,420		28,712
Shenzhen Goodix Technology Co. Ltd., Class A^(a)		6,200		54,460
Shenzhen Inovance Technology Co. Ltd., Class A		6,650		58,234
Shenzhen Kangtai Biological Products Co. Ltd., Class A		1,020		3,428
Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Class A		6,400		255,899
Shenzhen New Industries Biomedical Engineering Co. Ltd., Class A		6,200		69,598
Shenzhen Overseas Chinese Town Co. Ltd., Class A^(a)		37,200		15,816
Shenzhen Salubris Pharmaceuticals Co. Ltd., Class A		6,300		25,489
Shenzhen Transsion Holding Co. Ltd., Class A		3,212		70,801
Shenzhou International Group Holdings Ltd.		58,000		475,744
Shijiazhuang Yiling Pharmaceutical Co. Ltd., Class A		10,620		31,594
Sichuan Changhong Electric Co. Ltd.		24,800		17,699
Sichuan Chuantou Energy Co. Ltd., Class A		24,000		52,154
Sichuan Kelun Pharmaceutical Co. Ltd., Class A		7,300		27,746
Sichuan Road & Bridge Co. Ltd., Class A		33,720		38,156
Sichuan Swellfun Co. Ltd., Class A		3,700		25,726
Sino Biopharmaceutical Ltd.		746,250		296,604
Sinoma International Engineering Co.		6,400		9,947
Sinoma Science & Technology Co. Ltd., Class A		18,900		41,007
Sinopharm Group Co. Ltd., Class H		112,800		315,663
Sinotruk Hong Kong Ltd.		41,500		109,720
Smoore International Holdings Ltd.^(b)(c)		153,000		106,361
Songcheng Performance Development Co. Ltd., Class A		10,600		15,853
SooChow Securities Co. Ltd., Class A		25,036		25,324
Spring Airlines Co. Ltd., Class A^(a)		6,145		48,920
StarPower Semiconductor Ltd., Class A		1,300		27,324
Sungrow Power Supply Co. Ltd., Class A		2,900		35,012
Sunny Optical Technology Group Co. Ltd.		49,800		320,508
Sunwoda Electronic Co. Ltd., Class A		13,600		26,783
SUPCON Technology Co. Ltd.		2,391		15,251
Suzhou Dongshan Precision Manufacturing Co. Ltd., Class A		13,600		28,220
Suzhou Maxwell Technologies Co. Ltd., Class A		2,080		35,009
TAL Education Group, ADR^(a)		32,302		475,808
TBEA Co. Ltd., Class A		24,200		49,957
TCL Technology Group Corp., Class A^(a)		111,170		69,754
TCL Zhonghuan Renewable Energy Technology Co. Ltd., Class A		8,075		15,133


Security	Shares		Value

China (continued)
Tencent Holdings Ltd.		496,000	$	17,375,186
Tencent Music Entertainment Group, ADR^(a)		56,513		591,691
Thunder Software Technology Co. Ltd., Class A		3,200		26,872
Tianfeng Securities Co. Ltd., Class A^(a)		167,400		72,476
Tianma Microelectronics Co. Ltd., Class A^(a)		24,800		31,482
Tianqi Lithium Corp., Class A		7,300		54,193
Tingyi Cayman Islands Holding Corp.		180,000		200,170
Tongcheng Travel Holdings Ltd.^(a)		97,200		244,356
Tongling Nonferrous Metals Group Co. Ltd., Class A		95,800		43,498
Tongwei Co. Ltd., Class A		18,900		69,379
Topsports International Holdings Ltd.^(b)		136,000		92,034
TravelSky Technology Ltd., Class H		80,000		95,637
Trina Solar Co. Ltd.		12,385		43,049
Trip.com Group Ltd.^(a)		41,647		1,890,369
Tsingtao Brewery Co. Ltd., Class A		464		5,155
Tsingtao Brewery Co. Ltd., Class H		48,000		307,139
Unigroup Guoxin Microelectronics Co. Ltd., Class A^(a)		6,159		61,026
Unisplendour Corp. Ltd., Class A^(a)		12,480		38,250
Vinda International Holdings Ltd.		24,000		71,077
Vipshop Holdings Ltd., ADR^(a)		26,102		502,464
Walvax Biotechnology Co. Ltd., Class A		11,200		28,557
Wanhua Chemical Group Co. Ltd., Class A		15,900		174,912
Want Want China Holdings Ltd.		372,000		205,254
Weichai Power Co. Ltd., Class A		25,124		58,866
Weichai Power Co. Ltd., Class H		162,200		319,268
Wens Foodstuffs Group Co. Ltd., Class A		31,360		83,465
Western Securities Co. Ltd., Class A		28,900		31,953
Will Semiconductor Co. Ltd. Shanghai, Class A		7,530		99,969
Wingtech Technology Co. Ltd., Class A^(a)		2,700		14,278
Wuhan Guide Infrared Co. Ltd., Class A		54,505		47,630
Wuliangye Yibin Co. Ltd., Class A		19,100		375,779
WUS Printed Circuit Kunshan Co. Ltd., Class A		6,500		23,825
WuXi AppTec Co. Ltd., Class A		12,604		94,987
WuXi AppTec Co. Ltd., Class H^(b)(c)		24,996		154,088
Wuxi Biologics Cayman Inc.^(a)(b)		295,500		699,924
XCMG Construction Machinery Co. Ltd., Class A		62,400		51,312
Xiamen C & D Inc., Class A		14,700		21,171
Xiamen Faratronic Co. Ltd.		1,700		24,559
Xiaomi Corp., Class B^(a)(b)		1,142,000		1,919,043
Xinjiang Daqo New Energy Co. Ltd.		56		227
Xinyi Solar Holdings Ltd.		290,000		175,608
XPeng Inc.^(a)(c)		80,652		377,475
Yadea Group Holdings Ltd.^(b)		122,000		191,671
Yankuang Energy Group Co. Ltd., Class A		50		179
Yankuang Energy Group Co. Ltd., Class H^(a)		151,000		348,212
Yantai Jereh Oilfield Services Group Co. Ltd., Class A		3,000		12,557
Yealink Network Technology Corp. Ltd., Class A		6,780		27,585
Yifeng Pharmacy Chain Co. Ltd., Class A		6,840		37,351
Yihai Kerry Arawana Holdings Co. Ltd., Class A		13,500		60,415
Yintai Gold Co. Ltd., Class A		6,200		12,857
YongXing Special Materials Technology Co. Ltd., Class A		3,900		29,807
Yonyou Network Technology Co. Ltd., Class A		18,618		32,739
YTO Express Group Co. Ltd., Class A		6,200		10,957
Yuexiu Property Co. Ltd.		124,600		82,861
Yum China Holdings Inc.		30,504		1,308,317
Yunda Holding Co. Ltd., Class A		9,880		9,872
Yunnan Aluminium Co. Ltd., Class A		18,600		29,813
Yunnan Baiyao Group Co. Ltd., Class A		6,280		43,356
Yunnan Botanee Bio-Technology Group Co. Ltd.		2,100		19,090
Yunnan Energy New Material Co. Ltd., Class A		5,600		35,625
Zai Lab Ltd.^(a)		72,320		154,344


Security	Shares		Value

China (continued)
Zangge Mining Co. Ltd.		24,800	$	100,798
Zhangzhou Pientzehuang Pharmaceutical Co. Ltd., Class A		3,800		117,427
Zhaojin Mining Industry Co. Ltd., Class H		93,000		96,159
Zhejiang China Commodities City Group Co. Ltd., Class A		24,800		28,230
Zhejiang Chint Electrics Co. Ltd., Class A		19,800		56,453
Zhejiang Dahua Technology Co. Ltd., Class A		15,800		40,493
Zhejiang Expressway Co. Ltd., Class H		94,320		71,930
Zhejiang Huahai Pharmaceutical Co. Ltd., Class A		13,900		26,841
Zhejiang Huayou Cobalt Co. Ltd., Class A		4,320		16,571
Zhejiang Jingsheng Mechanical & Electrical Co. Ltd., Class A		6,200		31,816
Zhejiang Juhua Co. Ltd., Class A		18,600		52,679
Zhejiang Leapmotor Technology Co. Ltd.^(a)(b)(c)		34,866		121,983
Zhejiang NHU Co. Ltd., Class A		6,660		16,624
Zhejiang Sanhua Intelligent Controls Co. Ltd., Class A		18,600		64,319
Zhejiang Weiming Environment Protection Co. Ltd., Class A		12,700		31,546
Zhejiang Zheneng Electric Power Co. Ltd., Class A^(a)		93,000		69,430
Zheshang Securities Co. Ltd., Class A		25,200		35,793
ZhongAn Online P&C Insurance Co. Ltd., Class H^(a)(b)(c)		43,400		68,343
Zhongji Innolight Co. Ltd., Class A		6,200		133,491
Zhongjin Gold Corp. Ltd., Class A		55,800		80,683
Zhongsheng Group Holdings Ltd.		57,000		103,776
Zhongtai Securities Co. Ltd.		50,200		48,358
Zhuzhou CRRC Times Electric Co. Ltd.		43,000		126,074
Zijin Mining Group Co. Ltd., Class A		93,000		168,535
Zijin Mining Group Co. Ltd., Class H		448,000		719,633
Zoomlion Heavy Industry Science and Technology Co. Ltd., Class A		34,700		38,499
ZTE Corp., Class A		12,400		51,304
ZTE Corp., Class H		57,760		130,103
ZTO Express Cayman Inc., ADR		31,091		596,636


				132,895,515

India — 22.9%
ABB India Ltd.		3,954		259,196
Adani Enterprises Ltd.		12,543		496,806
Adani Green Energy Ltd.^(a)		23,499		537,069
Adani Ports & Special Economic Zone Ltd.		39,615		628,922
Adani Power Ltd.^(a)		56,681		375,122
Ambuja Cements Ltd.		44,083		321,953
APL Apollo Tubes Ltd.		12,648		235,565
Apollo Hospitals Enterprise Ltd.		7,502		552,292
Ashok Leyland Ltd.		106,268		217,663
Asian Paints Ltd.		28,521		972,809
Astral Ltd.		9,238		230,528
AU Small Finance Bank Ltd.^(b)		12,480		85,551
Aurobindo Pharma Ltd.		19,532		242,129
Avenue Supermarts Ltd.^(a)(b)		12,400		585,591
Axis Bank Ltd.		172,111		2,227,981
Bajaj Auto Ltd.		4,904		467,395
Bajaj Finance Ltd.		20,321		1,585,396
Bajaj Finserv Ltd.		29,142		559,375
Bajaj Holdings & Investment Ltd.		2,046		225,693
Balkrishna Industries Ltd.		6,405		172,040
Bandhan Bank Ltd.^(b)		55,039		129,613
Bank of Baroda		83,068		265,778
Berger Paints India Ltd.		21,962		160,700
Bharat Electronics Ltd.		266,662		658,681
Bharat Forge Ltd.		20,039		277,865


Security	Shares		Value

India (continued)
Bharat Heavy Electricals Ltd.		73,814	$	202,570
Bharat Petroleum Corp. Ltd.		55,404		402,641
Bharti Airtel Ltd.		166,657		2,256,369
Britannia Industries Ltd.		8,194		491,055
CG Power and Industrial Solutions Ltd.		46,004		245,837
Cholamandalam Investment and Finance Co. Ltd.		31,462		412,162
Cipla Ltd.		38,316		684,270
Coal India Ltd.		113,336		595,163
Colgate-Palmolive India Ltd.		9,052		275,282
Container Corp. of India Ltd.		22,072		260,023
Cummins India Ltd.		10,540		348,244
Dabur India Ltd.		46,190		299,948
Divi’s Laboratories Ltd.		8,860		372,678
DLF Ltd.		55,394		601,782
Dr. Reddy’s Laboratories Ltd.		8,710		675,373
Eicher Motors Ltd.		10,122		462,543
GAIL India Ltd.		175,364		384,817
GMR Airports Infrastructure Ltd.^(a)		172,161		174,411
Godrej Consumer Products Ltd.		30,467		461,272
Godrej Properties Ltd.^(a)		9,651		279,173
Grasim Industries Ltd.		20,866		550,755
Havells India Ltd.		18,065		333,307
HCL Technologies Ltd.		69,874		1,400,287
HDFC Asset Management Co. Ltd.^(b)		6,448		291,818
HDFC Bank Ltd.		209,470		3,537,729
HDFC Life Insurance Co. Ltd.^(b)		73,848		518,401
Hero MotoCorp Ltd.		8,657		461,362
Hindalco Industries Ltd.		99,373		602,789
Hindustan Aeronautics Ltd., NVS		15,128		561,676
Hindustan Petroleum Corp. Ltd.		41,318		254,009
Hindustan Unilever Ltd.		60,699		1,766,022
ICICI Bank Ltd.		388,951		4,939,974
ICICI Lombard General Insurance Co. Ltd.^(b)		18,280		377,648
ICICI Prudential Life Insurance Co. Ltd.^(b)		27,972		179,775
IDFC First Bank Ltd.^(a)		267,010		260,874
Indian Hotels Co. Ltd., Class A		67,828		480,088
Indian Oil Corp. Ltd.		211,322		421,415
Indian Railway Catering & Tourism Corp. Ltd.		18,662		208,670
Indraprastha Gas Ltd.		23,872		122,518
IndusInd Bank Ltd.		21,575		383,252
Info Edge India Ltd.		5,234		332,029
Infosys Ltd.		248,993		5,010,857
InterGlobe Aviation Ltd.^(a)(b)		11,516		437,285
ITC Ltd.		221,607		1,084,555
Jindal Steel & Power Ltd.		26,498		247,212
Jio Financial Services Ltd., NVS^(a)		213,193		795,892
JSW Steel Ltd.		45,884		442,374
Jubilant Foodworks Ltd.		29,515		165,093
Kotak Mahindra Bank Ltd.		82,399		1,676,406
Larsen & Toubro Ltd.		50,246		2,106,629
LTIMindtree Ltd.^(b)		6,405		409,517
Lupin Ltd.		15,882		310,665
Macrotech Developers Ltd.		17,050		238,903
Mahindra & Mahindra Ltd.		69,874		1,626,997
Marico Ltd.		37,076		233,597
Maruti Suzuki India Ltd.		10,355		1,409,258
Max Healthcare Institute Ltd.		60,451		578,557
Mphasis Ltd.		5,660		178,556
MRF Ltd.		143		252,100
Muthoot Finance Ltd.		10,203		160,039
Nestle India Ltd., NVS		24,782		776,111
NMDC Ltd.		65,018		177,137


Security	Shares		Value

India (continued)
NTPC Ltd.		327,805	$	1,324,613
Oil & Natural Gas Corp. Ltd.		228,812		727,939
One 97 Communications Ltd., NVS^(a)		16,492		79,826
Page Industries Ltd.		475		196,542
Persistent Systems Ltd.		3,472		361,307
Petronet LNG Ltd.		53,194		175,142
PI Industries Ltd.		6,131		271,570
Pidilite Industries Ltd.		12,116		400,041
Polycab India Ltd.		3,096		177,234
Power Finance Corp. Ltd.		110,541		534,765
Power Grid Corp. of India Ltd.		349,667		1,194,629
Punjab National Bank		161,592		237,468
REC Ltd.		97,712		520,309
Reliance Industries Ltd.		227,526		8,007,833
Samvardhana Motherson International Ltd.		175,150		251,634
SBI Cards & Payment Services Ltd.		21,308		184,856
SBI Life Insurance Co. Ltd.^(b)		33,280		621,837
Shree Cement Ltd.		689		211,450
Shriram Finance Ltd.		20,914		614,353
Siemens Ltd.		6,455		363,940
Sona Blw Precision Forgings Ltd.^(b)		31,067		258,045
SRF Ltd.		11,215		323,306
State Bank of India		136,155		1,226,048
Sun Pharmaceutical Industries Ltd.		70,544		1,341,114
Supreme Industries Ltd.		4,712		235,657
Suzlon Energy Ltd.^(a)		665,508		362,580
Tata Communications Ltd.		8,990		208,196
Tata Consultancy Services Ltd.		68,638		3,385,988
Tata Consumer Products Ltd.		42,660		611,783
Tata Elxsi Ltd.		2,546		239,744
Tata Motors Ltd.		122,596		1,403,616
Tata Motors Ltd., Class A		34,884		265,625
Tata Power Co. Ltd. (The)		106,787		478,925
Tata Steel Ltd.		549,631		931,721
Tech Mahindra Ltd.		40,134		616,748
Titan Co. Ltd.		26,585		1,161,804
Torrent Pharmaceuticals Ltd.		7,073		227,882
Trent Ltd.		13,470		629,540
Tube Investments of India Ltd.		7,935		333,095
TVS Motor Co. Ltd.		18,968		488,788
UltraTech Cement Ltd.		8,795		1,049,299
Union Bank of India Ltd.		104,757		184,836
United Spirits Ltd.		21,331		299,843
UPL Ltd.		33,907		192,029
Varun Beverages Ltd.		33,604		571,080
Vedanta Ltd.		65,080		209,706
Wipro Ltd.		96,784		603,818
Yes Bank Ltd.^(a)		1,007,616		296,290
Zomato Ltd.^(a)		442,991		881,734


				94,135,592

Indonesia — 2.4%
Adaro Energy Indonesia Tbk PT		1,023,000		157,665
Amman Mineral Internasional PT^(a)		452,600		244,634
Aneka Tambang Tbk		725,700		67,400
Astra International Tbk PT		1,481,800		493,289
Bank Central Asia Tbk PT		4,167,600		2,622,529
Bank Mandiri Persero Tbk PT		2,831,400		1,264,711
Bank Negara Indonesia Persero Tbk PT		1,132,200		432,709
Bank Rakyat Indonesia Persero Tbk PT		5,147,777		2,006,005
Barito Pacific Tbk PT		2,139,093		132,962
Charoen Pokphand Indonesia Tbk PT		545,600		168,219
GoTo Gojek Tokopedia Tbk PT^(a)		63,965,500		289,532


Security	Shares		Value

Indonesia (continued)
Indah Kiat Pulp & Paper Tbk PT		187,600	$	104,264
Indofood CBP Sukses Makmur Tbk PT		142,700		105,210
Indofood Sukses Makmur Tbk PT		327,700		138,149
Kalbe Farma Tbk PT		1,478,200		139,940
Merdeka Copper Gold Tbk PT^(a)		706,866		101,667
Sarana Menara Nusantara Tbk PT		1,612,000		94,527
Semen Indonesia Persero Tbk PT		249,925		97,084
Sumber Alfaria Trijaya Tbk PT		1,326,800		232,179
Telkom Indonesia Persero Tbk PT		3,703,000		943,929
Unilever Indonesia Tbk PT		560,000		97,283
United Tractors Tbk PT		105,400		157,857


				10,091,744

Malaysia — 1.8%
AMMB Holdings Bhd		141,100		129,161
Axiata Group Bhd		220,700		129,372
CELCOMDIGI Bhd		235,900		216,617
CIMB Group Holdings Bhd		477,300		649,977
Gamuda Bhd		147,100		163,978
Genting Bhd		151,600		152,500
Genting Malaysia Bhd		246,000		148,989
Hong Leong Bank Bhd		50,800		211,236
IHH Healthcare Bhd		147,700		191,414
Inari Amertron Bhd		149,000		99,746
IOI Corp. Bhd		180,000		150,927
Kuala Lumpur Kepong Bhd		36,600		172,953
Malayan Banking Bhd		413,000		829,762
Malaysia Airports Holdings Bhd		62,056		110,891
Maxis Bhd		192,800		151,136
MISC Bhd		84,300		135,151
MR DIY Group M Bhd^(b)		173,600		57,058
Nestle Malaysia Bhd		6,300		165,814
Petronas Chemicals Group Bhd		202,000		298,148
Petronas Dagangan Bhd		22,900		110,217
Petronas Gas Bhd		60,500		228,716
PPB Group Bhd		49,680		163,105
Press Metal Aluminium Holdings Bhd		298,200		294,306
Public Bank Bhd		1,157,650		1,074,451
QL Resources Bhd		87,650		107,270
RHB Bank Bhd		111,762		131,995
Sime Darby Bhd		195,900		111,937
Sime Darby Plantation Bhd		163,900		149,785
Telekom Malaysia Bhd		92,700		118,244
Tenaga Nasional Bhd		192,200		456,047
YTL Corp. Bhd		196,900		110,784
YTL Power International Bhd		167,400		139,338


				7,361,025

Philippines — 0.8%
Aboitiz Equity Ventures Inc.		135,290		127,591
Ayala Corp.		18,330		221,212
Ayala Land Inc.		512,060		319,149
Bank of the Philippine Islands		138,984		309,451
BDO Unibank Inc.		180,034		490,467
International Container Terminal Services Inc.		78,660		403,670
JG Summit Holdings Inc.		226,575		165,251
Jollibee Foods Corp.		34,870		169,837
Manila Electric Co.		18,920		131,260
Metropolitan Bank & Trust Co.		143,842		158,647
PLDT Inc.		5,855		136,620
SM Investments Corp.		18,424		308,293
SM Prime Holdings Inc.		744,150		418,307


Security	Shares		Value

Philippines (continued)
Universal Robina Corp.		62,650	$	130,424


				3,490,179

South Korea — 15.1%
Amorepacific Corp.		2,051		184,421
Celltrion Inc.		11,436		1,546,563
Celltrion Pharm Inc.^(a)		1,381		115,091
CJ CheilJedang Corp.		600		135,220
CosmoAM&T Co. Ltd.^(a)		1,729		231,092
Coway Co. Ltd.		4,430		180,311
DB Insurance Co. Ltd.^(a)		3,530		261,942
Doosan Bobcat Inc.		4,051		143,023
Doosan Enerbility Co. Ltd.^(a)		33,650		410,714
Ecopro BM Co. Ltd.^(a)		3,584		720,357
Ecopro Co. Ltd.^(a)		1,488		693,982
Ecopro Materials Co. Ltd.^(a)		682		98,899
GS Holdings Corp.		3,519		127,024
Hana Financial Group Inc.		21,763		925,970
Hanjin Kal Corp.		1,550		73,566
Hankook Tire & Technology Co. Ltd.		5,622		229,042
Hanmi Pharm Co. Ltd.^(a)		506		126,995
Hanmi Semiconductor Co. Ltd.^(a)		2,976		190,404
Hanon Systems		14,881		68,952
Hanwha Aerospace Co. Ltd.		2,732		384,978
Hanwha Ocean Co. Ltd.^(a)		4,896		86,900
Hanwha Solutions Corp.		7,836		163,625
HD Hyundai Co. Ltd.		3,550		188,712
HD Hyundai Heavy Industries Co. Ltd.^(a)		1,676		148,620
HD Korea Shipbuilding & Offshore Engineering Co. Ltd.^(a)		3,157		265,576
HLB Inc.^(a)		8,832		541,840
HMM Co. Ltd.^(a)		17,670		242,433
HYBE Co. Ltd.		1,610		241,132
Hyundai Engineering & Construction Co. Ltd.^(a)		5,775		150,635
Hyundai Glovis Co. Ltd.^(a)		1,357		194,275
Hyundai Mobis Co. Ltd.		4,673		852,344
Hyundai Motor Co.		10,102		1,901,877
Hyundai Steel Co.^(a)		6,300		170,322
Industrial Bank of Korea^(a)		22,610		237,947
Kakao Corp.		23,466		941,878
KakaoBank Corp.		12,210		261,652
Kakaopay Corp.^(a)		2,185		72,420
Kangwon Land Inc.^(a)		7,810		102,041
KB Financial Group Inc.		28,939		1,380,222
Kia Corp.^(a)		19,436		1,820,141
Korea Aerospace Industries Ltd.^(a)		5,643		217,733
Korea Electric Power Corp.^(a)		19,219		357,869
Korea Investment Holdings Co. Ltd.^(a)		3,444		183,941
Korea Zinc Co. Ltd.		658		221,228
Korean Air Lines Co. Ltd.		13,666		236,098
Krafton Inc.^(a)		2,147		366,955
KT Corp.		5,222		153,175
KT&G Corp.		7,518		525,092
Kum Yang Co. Ltd.^(a)		2,717		197,128
Kumho Petrochemical Co. Ltd.^(a)		1,291		143,375
L&F Co. Ltd.^(a)		1,958		250,120
LG Chem Ltd.		3,722		1,271,272
LG Corp.		7,099		499,691
LG Display Co. Ltd.^(a)		17,548		149,768
LG Electronics Inc.		8,019		573,260
LG Energy Solution Ltd.^(a)		3,514		1,061,967
LG H&H Co. Ltd.		733		176,054
LG Innotek Co. Ltd.		1,054		160,173


Security	Shares		Value

South Korea (continued)
LG Uplus Corp.		15,810	$	122,622
Lotte Chemical Corp.		1,472		135,349
Meritz Financial Group Inc.		7,647		477,280
Mirae Asset Securities Co. Ltd.^(a)		17,796		120,766
NAVER Corp.		9,865		1,448,489
NCSoft Corp.		1,011		147,456
Netmarble Corp.^(a)(b)		1,830		84,975
NH Investment & Securities Co. Ltd.^(a)		12,602		111,272
Orion Corp./Republic of Korea		1,798		125,404
Pearl Abyss Corp.^(a)		203		4,640
Posco DX Co. Ltd.^(a)		4,030		164,453
POSCO Future M Co. Ltd.^(a)		2,306		551,195
POSCO Holdings Inc.		5,392		1,752,366
Posco International Corp.^(a)		3,973		168,521
Samsung Biologics Co. Ltd.^(a)(b)		1,246		725,009
Samsung C&T Corp.		6,209		731,010
Samsung Electro-Mechanics Co. Ltd.		4,095		431,535
Samsung Electronics Co. Ltd.		355,431		19,617,259
Samsung Engineering Co. Ltd.^(a)		11,379		210,456
Samsung Fire & Marine Insurance Co. Ltd.^(a)		2,275		509,143
Samsung Heavy Industries Co. Ltd.^(a)		49,632		295,065
Samsung Life Insurance Co. Ltd.		6,080		442,569
Samsung SDI Co. Ltd.		4,145		1,177,558
Samsung SDS Co. Ltd.		2,851		342,949
Samsung Securities Co. Ltd.		4,778		149,327
Shinhan Financial Group Co. Ltd.		33,109		1,082,319
SK Biopharmaceuticals Co. Ltd.^(a)		2,409		175,565
SK Bioscience Co. Ltd.^(a)		1,759		81,288
SK Hynix Inc.		40,684		4,796,010
SK IE Technology Co. Ltd.^(a)(b)		1,990		109,763
SK Inc.		2,668		384,845
SK Innovation Co. Ltd.^(a)		4,713		415,818
SK Square Co. Ltd.^(a)		7,713		404,722
SK Telecom Co. Ltd.		3,154		124,849
SKC Co. Ltd.^(a)		1,554		96,825
S-Oil Corp.		3,253		186,883
Woori Financial Group Inc.		45,623		511,200
Yuhan Corp.		4,208		213,438


				62,188,230

Taiwan — 21.4%
Accton Technology Corp.		41,000		674,714
Acer Inc.		189,062		270,391
Advantech Co. Ltd.		39,158		483,287
Airtac International Group		11,161		427,614
Alchip Technologies Ltd.		6,000		787,095
ASE Technology Holding Co. Ltd.		227,484		1,004,260
Asia Cement Corp.		179,229		229,424
Asustek Computer Inc.		54,000		778,067
AUO Corp.		449,200		249,136
Catcher Technology Co. Ltd.		47,000		292,839
Cathay Financial Holding Co. Ltd.		706,888		1,008,613
Chailease Holding Co. Ltd.		124,514		688,419
Chang Hwa Commercial Bank Ltd.		371,518		209,334
Cheng Shin Rubber Industry Co. Ltd.		113,776		169,124
China Airlines Ltd.		186,000		117,794
China Development Financial Holding Corp.^(a)		1,118,400		444,558
China Steel Corp.		860,867		670,437
Chunghwa Telecom Co. Ltd.		285,000		1,085,753
Compal Electronics Inc.		284,000		327,953
CTBC Financial Holding Co. Ltd.		1,302,265		1,212,295
Delta Electronics Inc.		150,000		1,397,798
E Ink Holdings Inc.		69,000		537,184


Security	Shares		Value

Taiwan (continued)
E.Sun Financial Holding Co. Ltd.		1,021,582	$	816,717
Eclat Textile Co. Ltd.		15,604		266,700
eMemory Technology Inc.		5,000		429,311
Eva Airways Corp.		186,000		185,165
Evergreen Marine Corp. Taiwan Ltd.		77,746		407,289
Far Eastern New Century Corp.		186,460		192,325
Far EasTone Telecommunications Co. Ltd.		134,000		333,847
Feng TAY Enterprise Co. Ltd.		48,391		253,144
First Financial Holding Co. Ltd.		778,783		667,943
Formosa Chemicals & Fibre Corp.		234,950		425,522
Formosa Petrochemical Corp.		101,000		237,522
Formosa Plastics Corp.		281,400		638,633
Fubon Financial Holding Co. Ltd.		561,435		1,208,729
Gigabyte Technology Co. Ltd.		40,000		437,508
Global Unichip Corp.		7,000		352,799
Globalwafers Co. Ltd.		16,000		282,598
Hon Hai Precision Industry Co. Ltd.		943,651		3,076,751
Hotai Motor Co. Ltd.		23,600		501,200
Hua Nan Financial Holdings Co. Ltd.		584,033		406,729
Innolux Corp.		635,992		305,158
Inventec Corp.		164,980		287,369
Largan Precision Co. Ltd.		7,000		574,486
Lite-On Technology Corp.		160,032		555,256
MediaTek Inc.		114,176		4,120,191
Mega Financial Holding Co. Ltd.		826,651		1,012,763
Micro-Star International Co. Ltd.		62,000		375,198
Nan Ya Plastics Corp.		324,090		612,869
Nan Ya Printed Circuit Board Corp.		22,000		147,397
Nanya Technology Corp.		64,000		136,256
Nien Made Enterprise Co. Ltd.		16,000		187,300
Novatek Microelectronics Corp.		42,000		799,401
Parade Technologies Ltd.		7,000		225,171
Pegatron Corp.		172,000		465,734
PharmaEssentia Corp.^(a)		21,000		218,241
Pou Chen Corp.		125,000		120,760
Powerchip Semiconductor Manufacturing Corp.		186,000		162,596
President Chain Store Corp.		44,000		375,147
Quanta Computer Inc.		204,000		1,499,059
Realtek Semiconductor Corp.		39,140		705,422
Ruentex Development Co. Ltd.		103,242		118,809
Shanghai Commercial & Savings Bank Ltd. (The)		272,981		388,669
Shin Kong Financial Holding Co. Ltd.^(a)		930,033		244,166
Silergy Corp.		24,000		316,682
SinoPac Financial Holdings Co. Ltd.		739,441		470,525
Synnex Technology International Corp.		62,050		152,863
Taishin Financial Holding Co. Ltd.		788,881		434,396
Taiwan Business Bank		449,552		199,181
Taiwan Cement Corp.		496,754		505,033
Taiwan Cooperative Financial Holding Co. Ltd.		732,075		601,501
Taiwan High Speed Rail Corp.		137,000		130,918
Taiwan Mobile Co. Ltd.		127,000		397,998
Taiwan Semiconductor Manufacturing Co. Ltd.		1,836,004		40,235,138
Unimicron Technology Corp.		103,000		585,239
Uni-President Enterprises Corp.		387,650		941,307
United Microelectronics Corp.		823,000		1,268,925
Vanguard International Semiconductor Corp.		77,000		175,894
Voltronic Power Technology Corp.		6,000		304,927
Walsin Lihwa Corp.		204,884		239,982
Wan Hai Lines Ltd.		62,000		98,767
Winbond Electronics Corp.		160,592		141,981
Wistron Corp.		200,000		732,353
Wiwynn Corp.		8,000		590,623


Security	Shares		Value

Taiwan (continued)
WPG Holdings Ltd.		129,320	$	379,697
Yageo Corp.		25,936		458,247
Yang Ming Marine Transport Corp.		89,000		140,414
Yuanta Financial Holding Co. Ltd.		696,163		604,981
Zhen Ding Technology Holding Ltd.		63,455		201,944


				88,133,455

Thailand — 2.0%
Advanced Info Service PCL, NVDR		86,000		482,490
Airports of Thailand PCL, NVDR		318,400		564,253
Asset World Corp. PCL, NVDR^(c)		675,800		72,608
Bangkok Dusit Medical Services PCL, NVDR		856,700		680,614
Bangkok Expressway & Metro PCL, NVDR		601,500		135,209
Berli Jucker PCL, NVDR		4,100		2,771
BTS Group Holdings PCL, NVDR		576,600		82,863
Bumrungrad Hospital PCL, NVDR		44,400		277,027
Central Pattana PCL, NVDR		148,800		268,626
Central Retail Corp. PCL, NVDR		148,474		144,122
Charoen Pokphand Foods PCL, NVDR^(c)		260,400		137,204
CP ALL PCL, NVDR		428,100		686,441
CP Axtra PCL, NVDR		146,900		136,410
Delta Electronics Thailand PCL, NVDR^(c)		229,400		456,670
Energy Absolute PCL, NVDR		125,600		123,621
Global Power Synergy PCL, NVDR		62,100		88,322
Gulf Energy Development PCL, NVDR		208,000		249,724
Home Product Center PCL, NVDR		455,949		142,406
Indorama Ventures PCL, NVDR		130,600		84,874
Intouch Holdings PCL, NVDR		87,900		166,103
Kasikornbank PCL, NVDR		45,300		155,452
Krung Thai Bank PCL, NVDR		254,750		114,334
Krungthai Card PCL, NVDR		74,600		88,959
Land & Houses PCL, NVDR		613,800		129,955
Minor International PCL, NVDR		243,580		215,684
Muangthai Capital PCL, NVDR		49,600		63,475
PTT Exploration & Production PCL, NVDR		100,510		422,076
PTT Global Chemical PCL, NVDR		164,600		174,211
PTT Oil & Retail Business PCL, NVDR		237,900		120,015
PTT PCL, NVDR		751,000		716,814
SCB X PCL, NVDR		62,500		196,308
SCG Packaging PCL, NVDR		99,200		77,459
Siam Cement PCL (The), NVDR		59,000		442,531
Thai Oil PCL, NVDR		93,400		145,822
TMBThanachart Bank PCL, NVDR		1,488,000		76,432
True Corp. PCL, NVDR^(a)		775,042		152,651


				8,274,536


Total Common Stocks — 98.7% (Cost: $397,340,996)				406,570,276


Preferred Stocks

South Korea — 0.9%
Hyundai Motor Co.
Preference Shares, NVS		1,800		215,951


Security	Shares		Value

South Korea (continued)
Series 2, Preference Shares, NVS		2,860	$	345,938
LG Chem Ltd., Preference Shares, NVS		497		112,361
Samsung Electronics Co. Ltd., Preference Shares, NVS		61,652		2,952,308


				3,626,558


Total Preferred Stocks — 0.9% (Cost: $3,487,538)				3,626,558


Rights

China — 0.0%
Kangmei Pharmaceutical Co. Ltd., (Expires 12/31/49)^(a)		1,386		—


South Korea — 0.0%
LG Display Co. Ltd., (Expires 03/14/24, Strike Price KRW 10070)^(a)		5,578		5,488


Total Rights — 0.0% (Cost: $—)				5,488


Total Long-Term Investments — 99.6% (Cost: $400,828,534)				410,202,322


Short-Term Securities

Money Market Funds — 1.1%
BlackRock Cash Funds: Institutional, SL Agency Shares, 5.50%^(e)(f)(g)		2,946,697		2,948,171
BlackRock Cash Funds: Treasury, SL Agency Shares, 5.30%^(e)(f)		1,500,000		1,500,000


Total Short-Term Securities — 1.1% (Cost: $4,445,329)				4,448,171


Total Investments — 100.7% (Cost: $405,273,863)				414,650,493

Liabilities in Excess of Other Assets — (0.7)%				(3,001,310	)


Net Assets — 100.0%			$	411,649,183

^(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)	Affiliate of the Fund.

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

^(g)	All or a portion of this security was purchased with the cash collateral from loaned securities.

As of period end, the fair values of derivative financial instruments located in the Statements of Assets and Liabilities were as follows:

For the period ended February 29, 2024, the effect of derivative financial instruments in the Statements of Operations was as follows:

For more information about the Fund’s investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements.


Security	Shares		Value

Common Stocks

Brazil — 3.9%
3R Petroleum Oleo E Gas SA^(a)		72,416	$	407,159
AES Brasil Energia SA^(a)		64,232		134,896
Allos SA, NVS		128,464		638,043
Alupar Investimento SA		31,062		186,081
Ambipar Participacoes e Empreendimentos SA		22,568		67,099
Arezzo Industria e Comercio SA		21,360		254,502
Armac Locacao Logistica E Servicos SA		33,790		86,190
Auren Energia SA		56,110		144,815
BrasilAgro - Co. Brasileira de Propriedades Agricolas		19,096		91,118
BRF SA^(a)		177,878		540,315
Cia de Saneamento de Minas Gerais Copasa MG		57,660		239,752
Cia. Brasileira de Aluminio		76,183		61,301
Cia. de Saneamento do Parana		50,344		261,589
Cielo SA		368,156		396,217
CM Hospitalar SA^(a)		40,052		68,081
Cogna Educacao SA^(a)		547,646		277,618
Cury Construtora e Incorporadora SA		44,082		170,968
Cyrela Brazil Realty SA Empreendimentos e Participacoes		85,126		411,836
Dexco SA		118,110		193,401
Direcional Engenharia SA		41,416		197,203
EcoRodovias Infraestrutura e Logistica SA		82,920		153,126
Embraer SA^(a)		207,452		1,019,503
Enauta Participacoes SA		44,700		229,116
Ez Tec Empreendimentos e Participacoes SA		36,720		124,687
Fleury SA		67,084		214,702
GPS Participacoes e Empreendimentos SA^(b)		111,290		400,958
Grendene SA		117,420		152,352
Grupo De Moda Soma SA		165,240		232,681
Grupo Mateus SA^(a)		164,926		267,738
Grupo SBF SA		31,620		78,301
Hidrovias do Brasil SA^(a)		216,318		167,098
Iguatemi SA		67,208		317,984
Intelbras SA Industria de Telecomunicacao Eletronica Brasileira		30,420		129,731
Iochpe Maxion SA		36,332		91,797
IRB-Brasil Resseguros SA^(a)		18,901		147,601
JHSF Participacoes SA		116,808		104,798
LOG Commercial Properties e Participacoes SA		14,570		64,070
LWSA SA^(b)		121,768		136,438
M. Dias Branco SA		20,760		172,140
Marfrig Global Foods SA^(a)		112,220		223,487
Mills Locacao Servicos e Logistica SA		38,100		95,421
Minerva SA		72,478		99,289
Movida Participacoes SA		52,638		90,323
MRV Engenharia e Participacoes SA^(a)		118,481		181,615
Multiplan Empreendimentos Imobiliarios SA		75,206		399,548
Odontoprev SA		79,608		192,971
Oncoclinicas do Brasil Servicos Medicos SA^(a)		78,802		163,276
Orizon Valorizacao de Residuos SA^(a)		19,592		132,030
Pet Center Comercio e Participacoes SA		115,620		96,988
Petroreconcavo SA		46,438		214,857
Santos Brasil Participacoes SA		158,038		335,399
Sao Martinho SA		48,720		277,358
Serena Energia SA, NVS		60,780		114,442
SIMPAR SA		122,460		189,438
SLC Agricola SA		58,032		229,508
Smartfit Escola de Ginastica e Danca SA		81,344		400,248
Transmissora Alianca de Energia Eletrica SA		41,044		292,281
Tres Tentos Agroindustrial SA		36,960		79,034


Security	Shares		Value

Brazil (continued)
Tupy SA		24,000	$	123,594
Vamos Locacao de Caminhoes Maquinas e Equipamentos SA		137,330		241,172
Vivara Participacoes SA		45,260		297,721
Vulcabras SA		29,636		110,589
Wilson Sons SA, NVS		68,758		238,594
YDUQS Participacoes SA		80,042		327,826


				14,180,014

Chile — 0.7%
Aguas Andinas SA, Class A		741,842		218,085
Banco Itau Chile SA, NVS		20,580		202,379
CAP SA		27,420		188,107
Cia. Cervecerias Unidas SA		44,950		260,804
Colbun SA		2,611,800		358,898
Empresa Nacional de Telecomunicaciones SA		52,411		170,683
Engie Energia Chile SA^(a)		164,548		140,521
Inversiones La Construccion SA		5,108		44,045
Parque Arauco SA		208,444		332,497
Plaza SA^(a)		136,980		202,763
SMU SA		1,133,298		191,264
Sociedad de Inversiones Oro Blanco SA		11,491,452		81,765
Vina Concha y Toro SA		173,724		180,295


				2,572,106

China — 8.2%
361 Degrees International Ltd.		300,000		160,184
3SBio Inc.^(b)		434,000		286,580
AIM Vaccine Co. Ltd., NVS		86,800		78,047
AK Medical Holdings Ltd.^(b)(c)		240,000		155,719
Alibaba Pictures Group Ltd.^(a)		3,600,000		206,501
A-Living Smart City Services Co. Ltd., Class A^(b)		240,000		122,891
Alphamab Oncology^(a)(b)		186,000		118,954
ANE Cayman Inc.^(a)		248,000		130,112
Angelalign Technology Inc.^(b)(c)		12,400		104,010
Anhui Expressway Co. Ltd., Class H		138,000		153,343
Anxin-China Holdings Ltd.^(d)		1,084,000		1
Arrail Group Ltd., NVS^(a)(b)(c)		93,000		71,863
Ascentage Pharma Group International^(a)(b)(c)		74,400		246,032
Asia Cement China Holdings Corp.		279,000		75,275
Ausnutria Dairy Corp. Ltd.		98,000		31,667
Bairong Inc. ^(a)(b)		93,000		156,682
Beijing Capital International Airport Co. Ltd., Class H^(a)		620,000		199,936
Beijing Chunlizhengda Medical Instruments Co. Ltd., Class H^(c)		62,000		78,396
Beijing Jingneng Clean Energy Co. Ltd., Class H		620,000		131,182
Beijing Tong Ren Tang Chinese Medicine Co. Ltd.^(c)		120,000		142,829
Binjiang Service Group Co. Ltd.		37,500		79,231
BOE Varitronix Ltd.^(c)		120,000		83,630
Boshiwa International Holding Ltd.^(d)		32,000		—
Canaan Inc., ADR^(a)(c)		59,245		93,015
Canggang Railway Ltd., NVS^(c)		496,000		92,787
Canvest Environmental Protection Group Co. Ltd.		186,000		97,638
CARsgen Therapeutics Holdings Ltd., NVS^(a)(b)(c)		124,000		105,478
CGN Mining Co. Ltd.^(a)(c)		930,000		226,303
CGN New Energy Holdings Co. Ltd.^(c)		620,000		153,418
Chervon Holdings Ltd.^(c)		39,600		75,665
China Animal Healthcare Ltd.^(d)		126,000		—
China Aoyuan Group Ltd.^(a)		603,000		12,939
China BlueChemical Ltd., Class H		600,000		180,079
China Conch Venture Holdings Ltd.		496,000		496,695


Security	Shares		Value

China (continued)
China Datang Corp. Renewable Power Co. Ltd., Class H		780,000	$	177,125
China East Education Holdings Ltd.^(b)		248,000		82,949
China Education Group Holdings Ltd.		372,000		213,127
China Everbright Environment Group Ltd.		1,082,000		402,148
China Everbright Ltd.		372,000		203,934
China Foods Ltd.		372,000		133,986
China High Speed Transmission Equipment Group Co. Ltd.^(a)		15,000		2,773
China Huiyuan Juice Group Ltd.^(d)		379,000		—
China Jinmao Holdings Group Ltd.		1,800,000		146,270
China Lesso Group Holdings Ltd.		372,000		176,921
China Lilang Ltd.		186,000		99,724
China Metal Recycling Holdings Ltd.^(d)		12,000		—
China Modern Dairy Holdings Ltd.		1,240,000		102,882
China New Higher Education Group Ltd.^(b)		300,000		94,445
China Nonferrous Mining Corp Ltd.		434,000		301,485
China Oriental Group Co. Ltd.		620,000		93,284
China Overseas Grand Oceans Group Ltd.		552,000		141,282
China Renaissance Holdings Ltd.^(a)(b)(c)(d)		172,500		98,267
China Resources Building Materials Technology Holdings Ltd.		868,000		150,564
China Resources Medical Holdings Co. Ltd.^(c)		341,000		185,827
China Risun Group Ltd.^(c)		600,000		234,689
China Shineway Pharmaceutical Group Ltd.		120,000		135,077
China South City Holdings Ltd.^(c)		2,040,000		43,336
China Tobacco International HK Co. Ltd.		124,000		155,072
China Traditional Chinese Medicine Holdings Co. Ltd.		868,000		478,927
China Travel International Investment Hong Kong Ltd.		868,000		148,498
China Water Affairs Group Ltd.^(c)		248,000		170,095
China XLX Fertiliser Ltd.		262,000		105,819
China Youran Dairy Group Ltd.^(b)(c)		558,000		89,669
Chinasoft International Ltd.		620,000		403,857
CIMC Enric Holdings Ltd.		240,000		192,991
Cloud Music Inc.^(a)(b)(c)		19,550		219,536
CMGE Technology Group Ltd.^(a)(c)		620,000		76,741
COFCO Joycome Foods Ltd.^(a)(c)		1,116,000		218,001
Concord New Energy Group Ltd.		2,480,000		205,575
Cosmopolitan International Holdings Ltd., NVS^(c)		144,000		33,694
CSG Holding Co. Ltd.		384,400		118,322
Dada Nexus Ltd., ADR^(a)(c)		28,954		60,803
Daqo New Energy Corp., ADR^(a)		11,718		249,359
Digital China Holdings Ltd.		310,000		105,509
Dongyue Group Ltd.		480,000		429,647
DPC Dash Ltd., NVS^(c)		12,400		89,648
Everest Medicines Ltd.^(a)(b)		60,000		184,530
FIH Mobile Ltd. ^(a)(c)		1,980,000		122,500
FinVolution Group, ADR		49,166		257,138
Fu Shou Yuan International Group Ltd.		481,000		314,165
Fufeng Group Ltd.		434,400		266,322
GDS Holdings Ltd.^(a)		279,000		236,969
Gemdale Properties & Investment Corp. Ltd.^(c)		2,644,000		89,222
Genertec Universal Medical Group Co. Ltd.^(b)		310,000		169,982
Global New Material International Holdings Ltd.^(a)		372,000		182,218
Golden Solar New Energy Technology Holdings Ltd. ^(a)(c)		288,800		141,643
Grand Pharmaceutical Group Ltd., Class A		403,000		183,975
Greentown China Holdings Ltd.		279,000		224,141
Greentown Management Holdings Co. Ltd.^(b)		240,000		151,075
Greentown Service Group Co. Ltd.		438,000		157,370
Guangzhou R&F Properties Co. Ltd., Class H^(a)(c)		504,000		65,334
Gushengtang Holdings Ltd.^(c)		48,000		263,497


Security	Shares		Value

China (continued)
Haichang Ocean Park Holdings Ltd.^(a)(b)(c)		960,000	$	92,070
Hainan Meilan International Airport Co. Ltd., Class H^(a)(c)		62,000		58,399
Hangzhou Steam Turbine Power Group Co. Ltd., Class B		132,057		118,341
Harbin Electric Co. Ltd., Class H		240,000		73,125
Helens International Holdings Co. Ltd. ^(c)		150,000		63,712
Hello Group Inc., ADR		46,490		306,369
Hopson Development Holdings Ltd.^(a)(c)		341,087		163,001
Hua Han Health Industry Holdings Ltd.^(d)		1,112,400		1
Huabao International Holdings Ltd.^(c)		300,000		89,327
HUTCHMED China Ltd.^(a)(c)		180,000		556,195
HUYA Inc., ADR^(a)(c)		31,992		111,972
iDreamSky Technology Holdings Ltd.^(a)(b)(c)		396,800		102,706
InnoCare Pharma Ltd.^(a)(b)		248,000		163,216
Jinchuan Group International Resources Co. Ltd.		1,054,000		88,547
JinkoSolar Holding Co. Ltd., ADR		13,440		363,418
Jinxin Fertility Group Ltd.^(a)(b)(c)		713,000		220,949
Jiumaojiu International Holdings Ltd.^(b)		310,000		215,167
JOYY Inc., ADR		9,610		302,715
Kangji Medical Holdings Ltd.		217,000		176,647
Keymed Biosciences Inc.^(a)(b)(c)		60,000		259,872
Kingboard Laminates Holdings Ltd.		217,000		134,698
Kingsoft Cloud Holdings Ltd.^(a)		116,000		23,557
Kingsoft Cloud Holdings Ltd., ADR^(a)(c)		33,660		96,604
Lee & Man Paper Manufacturing Ltd.		420,000		119,755
Legend Holdings Corp., Class H^(b)		83,100		69,414
Lepu Biopharma Co. Ltd.^(c)		241,000		114,813
LexinFintech Holdings Ltd., ADR		10,050		18,492
Lifetech Scientific Corp. ^(a)(c)		1,364,000		345,902
LK Technology Holdings Ltd.		180,000		78,726
Lonking Holdings Ltd.		744,000		125,009
Lufax Holding Ltd., Class A, ADR		49,600		154,752
Luye Pharma Group Ltd. ^(a)(b)(c)		589,000		217,548
Maoyan Entertainment^(a)(b)		124,000		136,730
Medlive Technology Co. Ltd.^(b)		93,000		88,484
Meitu Inc.^(b)(c)		806,000		265,252
MH Development Ltd.^(d)		32,500		151
Microport Cardioflow Medtech Corp.^(a)(b)(c)		480,000		79,371
Microport Scientific Corp.^(a)		229,400		225,020
Midea Real Estate Holding Ltd.^(b)		108,000		60,167
Ming Yuan Cloud Group Holdings Ltd.^(a)(c)		310,000		88,362
Minth Group Ltd.		222,000		377,679
MMG Ltd.^(a)		960,000		256,994
Mobvista Inc.^(a)(b)(c)		240,000		100,513
National Agricultural Holdings Ltd., NVS^(d)		354,000		—
Nayuki Holdings Ltd.^(a)		180,000		70,632
NetDragon Websoft Holdings Ltd.^(c)		105,000		150,855
New Horizon Health Ltd.^(a)(b)(c)		91,000		236,958
Nexteer Automotive Group Ltd.^(c)		300,000		138,227
Nine Dragons Paper Holdings Ltd.^(a)		434,000		201,216
Noah Holdings Ltd., ADR		11,580		128,770
Ocumension Therapeutics^(a)(b)		125,000		82,383
Peijia Medical Ltd.^(a)(b)(c)		186,000		120,974
Ping An Healthcare and Technology Co. Ltd.^(a)(b)		136,400		211,494
Poly Property Group Co. Ltd.		637,000		117,038
Qingdao Ainnovation Technology Group Co. Ltd.^(a)(b)		80,600		71,671
Radiance Holdings Group Co. Ltd.^(a)(c)		248,000		67,785
Redco Properties Group Ltd.^(a)(b)(c)(d)		570,000		42,055
RLX Technology Inc., ADR		178,064		347,225
SciClone Pharmaceuticals Holdings Ltd.^(b)		124,000		206,560
Seazen Group Ltd.^(a)(c)		720,000		101,556


Security	Shares		Value

China (continued)
Shanghai Industrial Holdings Ltd.		186,000	$	243,245
Shenzhen International Holdings Ltd.		480,000		404,757
Shenzhen Investment Ltd.		840,000		112,465
Shoucheng Holdings Ltd.^(c)		879,200		169,554
Shougang Fushan Resources Group Ltd.		620,000		258,157
Shui On Land Ltd.		964,000		87,242
Sihuan Pharmaceutical Holdings Group Ltd.^(c)		1,860,000		135,416
Simcere Pharmaceutical Group Ltd.^(b)		186,000		132,323
Sinopec Engineering Group Co. Ltd., Class H		502,500		275,513
Sinopec Kantons Holdings Ltd.		372,000		168,670
Skyworth Group Ltd.		396,000		139,217
SOHO China Ltd.^(a)		1,085,000		95,227
SSY Group Ltd.		480,000		268,868
Sun King Technology Group Ltd.^(a)		10,000		1,456
Sunac Services Holdings Ltd.^(b)(c)		372,000		94,574
Superb Summit International Group Ltd.^(d)		11,913		—
SY Holdings Group Ltd.^(c)		248,000		134,400
TCL Electronics Holdings Ltd.		372,000		135,964
Tiangong International Co. Ltd.		496,000		113,817
Tianli International Holdings Ltd.		434,000		260,560
Tianneng Power International Ltd.^(c)		240,000		216,368
Tong Ren Tang Technologies Co. Ltd., Class H		220,000		144,270
Tongdao Liepin Group^(a)		124,000		61,347
Towngas Smart Energy Co. Ltd.^(c)		360,000		129,929
Triumph New Energy Co. Ltd., Class H ^(a)(c)		120,000		81,096
Tuya Inc.^(a)		72,420		142,667
Untrade SMI Holdings^(d)		468,800		1
Untradelumena Newmat, NVS^(d)		5,249		—
Up Fintech Holding Ltd., ADR^(a)(c)		33,590		135,032
Venus MedTech Hangzhou Inc., Class H^(a)(b)(d)		103,500		60,938
Vnet Group Inc., ADR^(a)(c)		40,176		62,273
Wasion Holdings Ltd.		240,000		150,280
Weibo Corp., ADR		18,538		169,067
Weimob Inc.^(a)(b)(c)		806,000		215,826
West China Cement Ltd.		1,080,000		124,109
XD Inc.^(a)(c)		86,800		161,675
Xinte Energy Co. Ltd.^(a)		99,200		132,529
Xtep International Holdings Ltd.		341,000		188,585
Yeahka Ltd.^(a)(c)		72,000		116,562
Yidu Tech Inc. ^(a)(b)		235,600		126,673
Yihai International Holding Ltd.		180,000		251,985
Youdao Inc., ADR^(a)		2,466		10,752
Yuexiu REIT		992,000		132,791
Yuexiu Transport Infrastructure Ltd.		464,000		263,652
Zhou Hei Ya International Holdings Co. Ltd.^(b)		496,000		114,583
Zonqing Environmental Ltd., NVS^(c)		18,000		51,153


				29,603,730

Czech Republic — 0.0%
Colt CZ Group SE		2,622		68,779
Philip Morris CR AS^(c)		141		93,338


				162,117

Egypt — 0.4%
Abou Kir Fertilizers & Chemical Industries		49,650		65,021
Cairo For Investment & Real Estate Developments - CIRA Education		134,772		35,107
Cleopatra Hospital^(a)		470,267		55,389
E-Finance for Digital & Financial Investments, NVS		136,613		57,471
EISewedy Electric Co.		267,345		182,577
Ezz Steel Co. SAE^(a)		66,310		101,468
Fawry for Banking & Payment Technology Services SAE^(a)		339,221		48,980


Security	Shares		Value

Egypt (continued)
Misr Fertilizers Production Co. SAE		159,225	$	195,783
Talaat Moustafa Group		499,040		650,846
Telecom Egypt Co.		212,632		160,148


				1,552,790

Greece — 0.5%
Aegean Airlines SA^(a)		17,608		239,406
Athens Water Supply & Sewage Co. SA^(c)		14,136		84,336
GEK Terna Holding Real Estate Construction SA		19,323		297,392
Hellenic Energy Holdings SA		25,544		232,745
Holding Co. ADMIE IPTO SA		52,700		130,144
LAMDA Development SA^(a)		28,830		210,638
Sarantis SA		13,516		133,956
Terna Energy SA		17,484		313,066
Titan Cement International SA		12,462		353,559


				1,995,242

Hungary — 0.1%
Magyar Telekom Telecommunications PLC		112,778		256,026


India — 26.0%
360 ONE WAM Ltd.		42,036		363,230
3M India Ltd.		1,020		393,375
Aarti Drugs Ltd.		16,616		99,627
Aarti Industries Ltd.		55,986		442,850
Aarti Pharmalabs Ltd., NVS		17,608		103,752
Aavas Financiers Ltd.^(a)		15,126		265,152
Action Construction Equipment Ltd.		9,144		139,410
Aditya Birla Fashion and Retail Ltd.^(a)		113,088		306,752
Advanced Enzyme Technologies Ltd.		33,480		155,234
Aegis Logistics Ltd.		47,280		250,815
Affle India Ltd.^(a)		19,800		266,320
AGI Greenpac Ltd.		9,052		89,396
AIA Engineering Ltd.		13,020		573,587
Ajanta Pharma Ltd.		13,640		363,223
Alembic Pharmaceuticals Ltd.		16,262		199,597
Alkyl Amines Chemicals		6,014		155,530
Allcargo Logistics Ltd.		104,718		107,665
Alok Industries Ltd.^(a)		386,520		134,340
Amara Raja Energy & Mobility Ltd.		35,154		355,657
Amber Enterprises India Ltd.^(a)		6,060		269,064
Anand Rathi Wealth Ltd.		6,200		272,543
Angel One Ltd.		11,904		399,538
Apar Industries Ltd.		5,642		425,643
Apollo Tyres Ltd.		100,440		627,060
Aptus Value Housing Finance India Ltd.		58,218		246,924
Archean Chemical Industries Ltd., NVS		18,228		166,142
Asahi India Glass Ltd.		33,780		218,275
Aster DM Healthcare Ltd.^(a)(b)		46,748		266,828
AstraZeneca Pharma India Ltd.		1,922		127,874
Atul Ltd.		4,278		320,625
Avanti Feeds Ltd.		15,424		94,199
Bajaj Electricals Ltd.		14,074		168,994
Bajel Projects Ltd., NVS		10,015		26,240
Balaji Amines Ltd.		4,154		108,866
Balrampur Chini Mills Ltd.		43,752		196,535
BASF India Ltd.		5,084		201,990
Bata India Ltd.		18,538		315,122
Bayer CropScience Ltd.		4,526		309,463
BEML Ltd., (Acquired 02/10/22, Cost: $142,261)^(e)		6,572		246,787
Bharat Dynamics Ltd.		14,880		324,314
Biocon Ltd.		123,132		409,646
Birla Corp. Ltd.		9,060		178,984
Birlasoft Ltd.		53,100		496,281


Security	Shares		Value


India (continued)
BLS International Services Ltd.		41,788	$	184,001
Blue Dart Express Ltd.		2,046		148,909
Blue Star Ltd.		40,140		614,356
Borosil Renewables Ltd.^(a)		20,040		129,716
Brigade Enterprises Ltd.		40,362		485,781
Brightcom Group Ltd.^(a)		508,152		105,410
Brookfield India Real Estate Trust^(b)		61,256		187,093
BSE Ltd.		20,398		582,665
Campus Activewear Ltd.^(a)		23,746		69,749
Can Fin Homes Ltd.		27,528		256,886
Carborundum Universal Ltd.		34,100		439,354
Castrol India Ltd.		114,191		286,632
CCL Products India Ltd.		29,202		221,790
CE Info Systems Ltd.		5,952		129,506
Ceat Ltd.		6,944		238,893
Central Depository Services India Ltd.		16,554		382,860
Century Plyboards India Ltd.		18,972		161,855
Century Textiles & Industries Ltd.		17,050		289,788
Cera Sanitaryware Ltd.		1,860		169,934
CESC Ltd.		195,600		299,625
Chalet Hotels Ltd.^(a)		26,102		254,618
Chambal Fertilisers and Chemicals Ltd.		59,280		250,769
Chemplast Sanmar Ltd.^(a)		26,820		152,216
Chennai Petroleum Corp. Ltd.		10,292		109,733
Cholamandalam Financial Holdings Ltd.		31,062		392,767
CIE Automotive India Ltd.		45,322		240,466
City Union Bank Ltd.		110,280		179,307
Clean Science & Technology Ltd.		7,680		130,648
CMS Info Systems Ltd.		47,306		219,078
Cochin Shipyard Ltd., NVS		26,970		283,883
Coforge Ltd.		17,732		1,401,716
Computer Age Management Services Ltd.		13,589		502,227
Coromandel International Ltd.		36,180		468,993
Craftsman Automation Ltd.		2,728		137,720
CreditAccess Grameen Ltd.^(a)		18,360		325,170
CRISIL Ltd.		5,828		351,955
Crompton Greaves Consumer Electricals Ltd.		184,946		647,823
Cyient Ltd.		25,606		625,724
Data Patterns India Ltd.^(a)		6,944		207,590
Deepak Fertilisers & Petrochemicals Corp. Ltd.		24,180		147,316
Deepak Nitrite Ltd.		19,980		532,114
Delhivery Ltd.^(a)		109,740		623,824
Devyani International Ltd.^(a)		110,988		204,906
Dixon Technologies India Ltd.		9,920		797,474
Dr Lal PathLabs Ltd.^(b)		12,247		346,985
Easy Trip Planners Ltd., NVS		224,564		130,869
eClerx Services Ltd.		8,112		247,065
Edelweiss Financial Services Ltd.		187,736		172,057
EID Parry India Ltd.		32,882		249,707
EIH Ltd.		63,302		307,789
Elecon Engineering Co. Ltd.		13,620		164,464
Electronics Mart India Ltd., NVS		41,292		102,805
Electrosteel Castings Ltd.		75,144		144,912
Elgi Equipments Ltd.		58,320		458,853
Emami Ltd.		60,003		336,465
Embassy Office Parks REIT		251,472		1,133,677
Endurance Technologies Ltd.^(b)		10,500		235,032
Engineers India Ltd.		88,102		222,440
EPL Ltd.		55,862		126,076
Equitas Small Finance Bank Ltd.^(b)		191,880		230,349
Eris Lifesciences Ltd.^(a)(b)		16,058		170,766
Exide Industries Ltd.		149,640		576,912


Security	Shares		Value


India (continued)
Federal Bank Ltd.		545,160	$	987,977
Fine Organic Industries Ltd.		2,640		137,808
Finolex Cables Ltd.		22,382		248,203
Finolex Industries Ltd.		87,720		230,835
Firstsource Solutions Ltd.		129,394		320,046
Five-Star Business Finance Ltd., NVS		36,518		310,866
Fortis Healthcare Ltd.		138,922		682,378
Galaxy Surfactants Ltd.		3,591		109,835
GE T&D India Ltd.^(a)		5,566		61,180
Genus Power Infrastructures Ltd.		23,460		70,706
GHCL Ltd.		23,374		143,870
Gland Pharma Ltd.^(a)(b)		9,224		196,415
GlaxoSmithKline Pharmaceuticals Ltd.		12,896		337,016
Glenmark Pharmaceuticals Ltd.		45,120		503,574
Global Health Ltd., NVS^(a)		27,218		447,731
GMM Pfaudler Ltd.		11,718		183,703
Go Fashion India Ltd.^(a)		10,920		148,978
Godawari Power and Ispat Ltd.		21,762		194,178
Godfrey Phillips India Ltd.		4,529		161,089
Godrej Industries Ltd.^(a)		23,684		228,799
Gokaldas Exports Ltd.		16,430		166,961
Granules India Ltd.		44,330		248,290
Graphite India Ltd.		32,340		233,335
Gravita India Ltd.		8,308		95,539
Great Eastern Shipping Co. Ltd. (The)		33,914		411,476
Greaves Cotton Ltd.		63,302		115,274
Greenpanel Industries Ltd.		21,824		101,452
Grindwell Norton Ltd.		13,980		351,503
Gujarat Ambuja Exports Ltd.		25,620		121,179
Gujarat Fluorochemicals Ltd.		8,494		379,380
Gujarat Gas Ltd.		41,416		282,563
Gujarat Mineral Development Corp. Ltd.		27,466		129,171
Gujarat Narmada Valley Fertilizers & Chemicals Ltd.		29,946		231,150
Gujarat Pipavav Port Ltd.		48,608		122,639
Gujarat State Fertilizers & Chemicals Ltd.		82,620		216,473
Gujarat State Petronet Ltd.		93,620		416,298
Happiest Minds Technologies Ltd.		24,676		251,846
HBL Power Systems Ltd.		33,720		211,206
HFCL Ltd.		241,440		311,895
HG Infra Engineering Ltd.		11,618		123,219
Himadri Speciality Chemical Ltd.		56,854		252,424
Hindustan Construction Co. Ltd.^(a)		262,384		131,957
Hindustan Copper Ltd.		78,058		253,683
Hindustan Foods Ltd.^(a)		16,058		100,151
Hitachi Energy India Ltd.		3,534		255,566
ICICI Securities Ltd.^(b)		33,687		331,888
IDFC Ltd.^(a)		385,454		540,688
IFCI Ltd.^(a)		214,024		118,180
IIFL Finance Ltd.		64,728		459,916
India Cements Ltd. (The)^(a)		56,544		155,806
Indiabulls Housing Finance Ltd.		130,386		297,209
Indiabulls Real Estate Ltd.^(a)		147,932		212,747
IndiaMART Intermesh Ltd.^(b)		9,052		290,104
Indian Energy Exchange Ltd.^(b)		138,600		236,946
Indian Renewable Energy Development Agency Ltd., NVS		190,446		344,642
Indigo Paints Ltd.		4,898		82,611
Indo Count Industries Ltd.		31,000		126,996
Infibeam Avenues Ltd.		285,758		126,653
Inox Wind Ltd.^(a)		30,690		223,208
Intellect Design Arena Ltd.		28,080		373,943
ION Exchange India Ltd., NVS		27,000		157,349


Security	Shares		Value


India (continued)
Ipca Laboratories Ltd.		42,284	$	607,367
IRB Infrastructure Developers Ltd., NVS		391,778		296,638
IRCON International Ltd.^(b)		112,964		311,331
Jai Balaji Industries Ltd., NVS		7,936		122,754
Jai Corp. Ltd.		18,972		72,026
Jain Irrigation Systems Ltd.^(a)		128,588		85,089
Jaiprakash Associates Ltd.^(a)		359,878		86,371
Jaiprakash Power Ventures Ltd.^(a)		1,110,482		243,291
Jammu & Kashmir Bank Ltd. (The)		72,044		124,380
JB Chemicals & Pharmaceuticals Ltd., NVS		21,638		407,901
JBM Auto Ltd.		8,556		223,333
Jindal Saw Ltd.		37,944		218,794
JK Cement Ltd.		11,408		620,601
JK Lakshmi Cement Ltd.		19,964		221,142
JK Paper Ltd.		28,148		126,722
JK Tyre & Industries Ltd.		23,498		147,493
JM Financial Ltd.		164,424		190,640
Jubilant Ingrevia Ltd.		24,311		141,153
Jubilant Pharmova Ltd., Class A		25,296		173,052
Jupiter Wagons Ltd., NVS		37,200		166,829
Just Dial Ltd.^(a)		9,908		110,510
Jyothy Labs Ltd.		49,352		275,007
Kajaria Ceramics Ltd.		26,880		413,551
Kalpataru Projects International Ltd.		29,884		347,366
Kalyan Jewellers India Ltd.		81,902		392,538
Kansai Nerolac Paints Ltd.		62,496		218,267
Karnataka Bank Ltd. (The)		61,814		169,135
Karur Vysya Bank Ltd. (The)		134,520		297,361
Kaveri Seed Co. Ltd.		13,920		111,428
Kaynes Technology India Ltd., NVS		8,308		294,477
KEC International Ltd.		41,168		360,181
KEI Industries Ltd.		17,223		665,614
Kirloskar Brothers Ltd.		6,120		67,838
Kirloskar Ferrous Industries Ltd.		25,668		164,528
Kirloskar Oil Engines Ltd.		28,334		312,333
KNR Constructions Ltd.		57,288		184,739
KPI Green Energy Ltd.^(b)		4,762		99,939
KPIT Technologies Ltd.		52,140		985,392
KPR Mill Ltd.		27,652		256,197
KRBL Ltd.		22,754		88,311
Krishna Institute Of Medical Sciences Ltd.^(a)(b)		15,624		424,606
KSB Ltd.		4,898		216,179
L&T Finance Holdings Ltd.		240,622		484,155
Lakshmi Machine Works Ltd.		1,626		283,764
Laurus Labs Ltd.^(b)		105,958		518,888
Laxmi Organic Industries Ltd.		35,774		109,090
Lemon Tree Hotels Ltd.^(a)(b)		168,454		283,084
LIC Housing Finance Ltd.		95,976		749,155
Lloyds Engineering Works Ltd., NVS		170,906		120,547
LT Foods Ltd.		57,480		124,725
Mahanagar Gas Ltd.		16,058		287,006
Maharashtra Seamless Ltd.		16,740		185,571
Mahindra & Mahindra Financial Services Ltd.		156,860		534,976
Mahindra Lifespace Developers Ltd.		31,868		222,005
Manappuram Finance Ltd.		177,780		378,078
Mastek Ltd.		7,130		251,995
Max Financial Services Ltd.^(a)		76,756		895,686
Medplus Health Services Ltd.^(a)		18,166		152,519
Metropolis Healthcare Ltd.^(b)		9,060		174,929
Mindspace Business Parks REIT^(b)		62,040		254,420
Mishra Dhatu Nigam Ltd.^(b)		19,468		95,210
Motherson Sumi Wiring India Ltd.		599,040		505,957


Security	Shares		Value


India (continued)
Motilal Oswal Financial Services Ltd.		12,896	$	250,554
MTAR Technologies Ltd.^(a)		7,068		163,272
Multi Commodity Exchange of India Ltd.		8,494		384,769
Narayana Hrudayalaya Ltd.		23,002		372,182
Natco Pharma Ltd.		24,651		295,654
National Aluminium Co. Ltd.		257,486		482,883
Navin Fluorine International Ltd.		9,734		354,834
Nazara Technologies Ltd.^(a)		11,966		107,569
NBCC India Ltd.		182,838		296,852
NCC Ltd./India		152,768		455,264
Network18 Media & Investments Ltd.^(a)		72,420		93,246
Neuland Laboratories Ltd.		2,666		229,369
Newgen Software Technologies Ltd.		22,444		229,708
Nexus Select Trust, NVS		152,086		231,459
NIIT Learning Systems Ltd., NVS		28,148		176,340
Nippon Life India Asset Management Ltd.^(b)		42,284		263,120
NLC India Ltd.		44,268		118,763
NMDC Steel Ltd., NVS^(a)		244,714		181,196
Nuvama Wealth Management Ltd., NVS		2,480		122,957
Nuvoco Vistas Corp. Ltd.^(a)		31,186		124,529
Olectra Greentech Ltd.		12,090		286,356
Orient Cement Ltd.		42,842		117,300
Orient Electric Ltd.		40,858		102,669
Orissa Minerals Development Co. Ltd. (The)^(a)		660		53,957
Paisalo Digital Ltd.		67,642		150,390
Patel Engineering Ltd.^(a)		106,640		86,721
PB Fintech Ltd.^(a)		76,074		1,070,082
PCBL Ltd.		91,800		316,754
PDS Ltd.		9,176		56,637
Phoenix Mills Ltd. (The)		30,628		1,016,275
Piramal Enterprises Ltd.		33,170		366,001
Piramal Pharma Ltd., NVS^(a)		162,613		258,660
PNB Housing Finance Ltd.^(a)(b)		35,340		295,698
PNC Infratech Ltd.		42,036		216,983
Poly Medicure Ltd.		12,028		226,441
Polyplex Corp. Ltd.		6,263		65,080
Poonawalla Fincorp Ltd.		82,020		461,608
Praj Industries Ltd.		41,602		249,960
Pricol Ltd.^(a)		28,272		137,618
Procter & Gamble Health Ltd.		2,760		169,464
PTC Industries Ltd., NVS		1,302		132,045
PVR Inox Ltd.^(a)		22,072		364,993
Quess Corp. Ltd.^(b)		24,240		150,203
Radico Khaitan Ltd.		24,490		463,140
Rain Industries Ltd.		70,432		156,188
Rainbow Children’s Medicare Ltd.		18,240		298,295
Rajesh Exports Ltd.^(a)		21,700		80,664
Rajratan Global Wire Ltd.		8,760		66,463
Ramco Cements Ltd. (The)		33,108		333,263
Ramkrishna Forgings Ltd.		31,558		297,629
Ratnamani Metals & Tubes Ltd.		9,238		337,609
RattanIndia Enterprises Ltd.^(a)		153,060		154,230
Raymond Ltd.		11,940		263,983
RBL Bank Ltd.^(b)		146,568		459,725
Redington Ltd.		181,226		451,335
Relaxo Footwears Ltd.		23,100		233,013
Reliance Infrastructure Ltd.^(a)		73,153		194,433
Reliance Power Ltd.^(a)		871,906		254,701
Restaurant Brands Asia Ltd.^(a)		117,924		152,045
Rhi Magnesita India Ltd.		20,760		142,833
Route Mobile Ltd.		11,460		220,396
Safari Industries India Ltd.		8,742		214,680


Security	Shares		Value


India (continued)
Sanofi India Ltd.		2,451	$	254,013
Sapphire Foods India Ltd.^(a)		11,532		208,842
Saregama India Ltd.		30,660		148,760
Sharda Cropchem Ltd.		8,760		37,860
Sheela Foam Ltd.^(a)		13,206		165,026
Shivalik Bimetal Controls Ltd., NVS		7,936		51,645
Shoppers Stop Ltd.^(a)		18,042		161,475
Shree Renuka Sugars Ltd.^(a)		261,268		146,634
SJVN Ltd.		239,100		350,076
SKF India Ltd.		7,874		448,507
Sobha Ltd.		13,680		257,566
Sonata Software Ltd.		55,180		538,805
South Indian Bank Ltd. (The)		356,700		138,718
Star Health & Allied Insurance Co. Ltd.^(a)		42,656		288,131
Sterling and Wilson Renewable Energy Ltd.^(a)		22,692		165,367
Sterlite Technologies Ltd.		64,800		107,104
Sumitomo Chemical India Ltd.		33,294		150,297
Sun TV Network Ltd.		25,320		187,950
Sundram Fasteners Ltd.		35,526		458,268
Suprajit Engineering Ltd.		40,500		207,778
Supreme Petrochem Ltd., NVS		23,808		209,578
Surya Roshni Ltd., NVS		12,710		91,906
Suven Pharmaceuticals Ltd.^(a)		34,740		263,562
Swan Energy Ltd.		5,836		52,450
Syngene International Ltd.^(b)		54,292		461,820
Tamilnad Mercantile Bank Ltd., NVS		22,402		130,654
Tanla Platforms Ltd.		21,240		250,278
Tata Chemicals Ltd.		42,904		484,720
Tata Investment Corp. Ltd.		3,906		340,907
Tata Teleservices Maharashtra Ltd.^(a)		187,674		197,819
TCI Express Ltd.		4,740		63,944
TeamLease Services Ltd.^(a)		4,154		150,702
Tejas Networks Ltd.^(a)(b)		23,400		210,625
Texmaco Rail & Engineering Ltd.		68,963		157,067
Thanga Mayil Jewellery Ltd., NVS		5,201		85,786
Timken India Ltd.		9,238		302,747
Titagarh Rail System Ltd.		20,340		229,875
Transport Corp. of India Ltd.		9,920		99,205
Trident Ltd.		428,110		218,167
Triveni Engineering & Industries Ltd.		33,840		134,616
Triveni Turbine Ltd.		47,740		286,412
TTK Prestige Ltd.		15,600		140,611
TV18 Broadcast Ltd.^(a)		226,020		162,325
UNO Minda Ltd.		63,860		514,485
Usha Martin Ltd.		51,578		204,603
UTI Asset Management Co. Ltd.		14,460		155,947
Vardhman Textiles Ltd.		36,390		187,408
Varroc Engineering Ltd.^(a)(b)		17,360		101,826
V-Guard Industries Ltd.		55,920		218,893
Vijaya Diagnostic Centre Pvt Ltd.		17,918		139,275
Vinati Organics Ltd.		9,780		196,515
VIP Industries Ltd.		24,420		162,667
V-Mart Retail Ltd.^(a)		4,320		99,497
Voltamp Transformers Ltd.		1,429		151,781
Voltas Ltd.		58,590		783,027
Welspun Corp. Ltd.		35,960		221,414
Welspun Living Ltd.		80,104		149,235
West Coast Paper Mills Ltd.		10,230		76,538
Westlife Foodworld Ltd.		21,576		194,730
Whirlpool of India Ltd.		9,238		140,041
Zee Entertainment Enterprises Ltd.^(a)		241,304		467,079
Zen Technologies Ltd.		11,543		119,841


Security	Shares		Value


India (continued)
Zensar Technologies Ltd.		38,502	$	254,981
ZF Commercial Vehicle Control Systems India Ltd.		1,680		294,278


				94,160,078

Indonesia — 1.8%
Ace Hardware Indonesia Tbk PT		2,281,600		121,251
AKR Corporindo Tbk PT		2,517,200		272,303
Astra Agro Lestari Tbk PT		90,000		38,392
Astrindo Nusantara Infrastructure Tbk PT^(a)		13,640,000		71,173
Bank Aladin Syariah Tbk PT^(a)		2,380,800		162,103
Bank BTPN Syariah Tbk PT		756,000		66,147
Bank Bukopin Tbk PT^(a)		15,975,352		78,276
Bank Jago Tbk PT^(a)		1,295,800		224,221
Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk PT		840,064		64,415
Bank Tabungan Negara Persero Tbk PT		1,339,200		121,963
Berkah Beton Sadaya Tbk PT^(a)		7,350,000		23,385
BFI Finance Indonesia Tbk PT		2,932,600		257,524
Bukalapak.com PT Tbk^(a)		17,492,400		175,151
Bukit Asam Tbk PT		1,153,200		187,761
Bumi Resources Minerals Tbk PT^(a)		18,336,000		168,017
Bumi Resources Tbk PT^(a)		16,524,100		91,479
Bumi Serpong Damai Tbk PT^(a)		1,605,800		103,581
Ciputra Development Tbk PT		2,982,063		240,994
Elang Mahkota Teknologi Tbk PT		3,831,600		114,647
Energi Mega Persada Tbk PT, NVS^(a)		3,858,000		49,591
Erajaya Swasembada Tbk PT		2,592,000		78,181
Hanson International Tbk PT^(a)(d)		25,794,200		—
Harum Energy Tbk PT^(a)		840,000		66,926
Indika Energy Tbk PT		576,000		49,848
Indo Tambangraya Megah Tbk PT		117,800		196,334
Indocement Tunggal Prakarsa Tbk PT		316,200		182,582
Industri Jamu Dan Farmasi Sido Muncul Tbk PT		2,219,657		86,865
Inti Agri Resources Tbk PT^(a)(d)		12,327,500		—
Japfa Comfeed Indonesia Tbk PT		1,560,000		114,158
Jasa Marga Persero Tbk PT		682,000		235,566
Lippo Karawaci Tbk PT^(a)		10,912,000		52,078
Map Aktif Adiperkasa PT		3,515,400		246,067
Medco Energi Internasional Tbk PT		1,908,512		158,698
Media Nusantara Citra Tbk PT		1,612,000		33,440
Medikaloka Hermina Tbk PT		1,767,000		142,237
Metro Healthcare Indonesia TBK PT^(a)		6,324,000		59,155
Mitra Adiperkasa Tbk PT		2,591,600		316,602
Pabrik Kertas Tjiwi Kimia Tbk PT		480,000		209,227
Pacific Strategic Financial Tbk PT^(a)		2,394,000		169,096
Pakuwon Jati Tbk PT		4,878,000		126,024
Panin Financial Tbk PT^(a)		3,740,500		61,933
Perusahaan Gas Negara Tbk PT		2,926,400		203,019
Perusahaan Perkebunan London Sumatra Indonesia Tbk PT		990,000		53,279
Sawit Sumbermas Sarana Tbk PT		1,104,000		79,735
Smartfren Telecom Tbk PT^(a)		56,351,800		190,051
Sugih Energy Tbk PT^(a)(d)		1,824,800		—
Summarecon Agung Tbk PT		3,150,050		110,134
Surya Citra Media Tbk PT		7,872,000		74,714
Surya Esa Perkasa Tbk PT		2,718,000		89,072
Transcoal Pacific Tbk PT		318,000		159,432
Waskita Karya Persero Tbk PT^(a)(d)		3,225,094		33,164
XL Axiata Tbk PT		1,314,000		199,002


				6,408,993

Kuwait — 1.1%
Al Ahli Bank of Kuwait KSCP		319,424		266,178


Security	Shares		Value


Kuwait (continued)
Ali Alghanim Sons Automotive Co. KSCC, NVS		48,794	$	186,263
Boubyan Petrochemicals Co. KSCP		117,741		233,450
Boursa Kuwait Securities Co. KPSC		34,380		228,214
Burgan Bank SAK		286,860		193,000
Commercial Real Estate Co. Ksc		418,128		163,039
Gulf Cable & Electrical Industries Co. KSCP		38,254		185,583
Humansoft Holding Co. KSC		30,341		332,248
Jazeera Airways Co. KSCP		32,222		118,208
Kuwait International Bank KSCP		274,298		147,160
Kuwait Projects Co. Holding KSCP^(a)		630,292		258,068
Kuwait Telecommunications Co.		131,502		258,883
National Industries Group Holding SAK		610,824		475,431
National Investments Co. KSCP		152,644		141,360
National Real Estate Co. KPSC^(a)		408,084		105,292
Salhia Real Estate Co. KSCP		133,672		199,802
Shamal Az-Zour Al-Oula for the First Phase of Az-Zour Power Plant KSC		179,924		99,547
Warba Bank KSCP		458,490		280,361


				3,872,087

Malaysia — 2.3%
AFFIN Bank Bhd		179,800		97,832
Alliance Bank Malaysia Bhd		336,000		252,170
Axis Real Estate Investment Trust		427,800		159,563
Bank Islam Malaysia Bhd		168,400		87,380
Bermaz Auto Bhd		426,100		219,088
British American Tobacco Malaysia Bhd		54,144		95,270
Bumi Armada Bhd^(a)(c)		840,000		97,354
Bursa Malaysia Bhd		186,050		293,198
Carlsberg Brewery Malaysia Bhd		60,000		240,986
Chin Hin Group Bhd, NVS^(a)		222,000		181,642
CTOS Digital Bhd		452,600		144,110
D&O Green Technologies Bhd^(a)		180,000		126,071
Dialog Group Bhd		992,000		438,984
DRB-Hicom Bhd		348,000		102,096
Fraser & Neave Holdings Bhd		43,400		269,792
Frontken Corp. Bhd		434,050		336,625
Greatech Technology Bhd^(a)		136,400		137,392
HAP Seng Consolidated Bhd		73,700		68,645
Hartalega Holdings Bhd^(a)		522,000		276,250
Heineken Malaysia Bhd		48,200		230,157
Hibiscus Petroleum Bhd		255,080		135,911
IJM Corp. Bhd		630,000		284,487
IOI Properties Group Bhd^(c)		489,800		237,412
Kossan Rubber Industries Bhd		468,000		185,405
Lotte Chemical Titan Holding Bhd^(a)(b)		210,000		52,218
Magnum Bhd		99,250		23,633
Malaysia Building Society Bhd^(c)		1,074,100		172,326
Malaysian Pacific Industries Bhd^(c)		24,000		147,038
My EG Services Bhd		1,831,500		311,071
Padini Holdings Bhd		180,000		128,585
Pentamaster Corp. Bhd		222,050		200,985
PMB Technology Bhd^(a)		130,200		76,822
Sam Engineering & Equipment M Bhd		99,200		99,712
Scientex Bhd		276,000		226,239
Sime Darby Property Bhd		1,074,500		174,728
SP Setia Bhd Group^(c)		606,100		108,130
Sports Toto Bhd		148,806		44,841
Sunway REIT		483,600		158,975
Supermax Corp. Bhd		628,616		109,995
Syarikat Takaful Malaysia Keluarga Bhd		30,144		23,630
TIME dotCom Bhd		389,400		451,809
Top Glove Corp. Bhd^(a)		1,866,000		316,700


Security	Shares		Value


Malaysia (continued)
TSH Resources Bhd		260,400	$	57,097
Unisem M Bhd^(c)		120,000		84,371
United Plantations Bhd		49,600		231,198
UWC Bhd^(a)		174,000		125,964
ViTrox Corp. Bhd		89,600		141,608
VS Industry Bhd		905,250		141,261
Yinson Holdings Bhd		353,400		189,900


				8,496,656

Mexico — 2.0%
Alsea SAB de CV^(a)		148,800		570,258
Bolsa Mexicana de Valores SAB de CV		119,500		257,730
Concentradora Fibra Danhos SA de CV^(c)		49,600		59,686
Controladora Vuela Cia. de Aviacion SAB de CV, Class A^(a)(c)		297,600		216,509
Corp Inmobiliaria Vesta SAB de CV		248,035		869,507
FIBRA Macquarie Mexico^(b)		223,461		439,600
GCC SAB de CV		49,620		523,908
Genomma Lab Internacional SAB de CV, Class B		204,600		157,973
Gentera SAB de CV		347,200		521,892
Grupo Rotoplas SAB de CV		80,626		137,844
Grupo Televisa SAB, CPO		706,800		422,564
Grupo Traxion SAB de CV, Class A^(a)(b)		108,337		196,217
La Comer SAB de CV		148,800		347,899
Megacable Holdings SAB de CV, CPO		86,800		223,668
Nemak SAB de CV^(a)(b)		882,096		180,101
Ollamani SAB, NVS		3,200		5,402
Qualitas Controladora SAB de CV		62,000		696,417
Regional SAB de CV		74,400		694,183
TF Administradora Industrial S de Real de CV^(c)		241,800		577,678


				7,099,036

Panama — 0.1%
Intercorp Financial Services Inc.		7,502		204,805


Philippines — 0.7%
Alliance Global Group Inc.		806,000		147,966
AREIT Inc.		240,000		148,999
Bloomberry Resorts Corp.^(a)		1,260,000		251,485
Century Pacific Food Inc.		415,400		247,548
Converge Information and Communications Technology Solutions Inc.^(a)		600,000		96,104
D&L Industries Inc.		840,100		101,024
DMCI Holdings Inc.		924,000		180,148
GT Capital Holdings Inc.		30,380		379,919
LT Group Inc.		731,600		123,636
Manila Water Co. Inc.		372,000		128,643
Megaworld Corp.		1,984,000		68,170
Puregold Price Club Inc.		310,000		151,650
Robinsons Land Corp.		612,000		178,250
Robinsons Retail Holdings Inc.		49,600		33,087
Security Bank Corp.		110,400		139,436
Semirara Mining & Power Corp., Class A		260,400		149,621
Wilcon Depot Inc.		474,000		182,129


				2,707,815

Poland — 1.3%
Alior Bank SA^(a)		28,024		673,195
AmRest Holdings SE^(a)		24,720		154,917
Asseco Poland SA		14,788		277,709
Bank Millennium SA^(a)		189,420		473,953
CCC SA^(a)		13,950		265,910
Enea SA^(a)		93,109		228,030
Grupa Azoty SA^(a)(c)		17,633		99,531


Security	Shares		Value


Poland (continued)
Grupa Kety SA		2,852	$	503,687
Jastrzebska Spolka Weglowa SA, Class S^(a)(c)		16,920		174,874
KRUK SA		5,580		588,360
Orange Polska SA		203,112		415,700
Tauron Polska Energia SA^(a)		347,924		315,612
Text SA		5,700		136,465
Warsaw Stock Exchange		6,360		70,179
XTB SA^(b)		17,732		214,129


				4,592,251

Qatar — 0.7%
Al Meera Consumer Goods Co. QSC		22,568		80,209
Baladna^(a)		290,100		101,531
Doha Bank QPSC		557,504		252,076
Estithmar Holding QPSC^(a)		258,480		140,351
Gulf International Services QSC		276,656		217,903
Gulf Warehousing Co.		74,834		64,501
Medicare Group		68,356		86,717
Qatar Aluminum Manufacturing Co.		731,972		255,081
Qatar Navigation QSC		288,300		869,683
Qatari Investors Group QSC		114,290		59,468
United Development Co. QSC		408,022		115,865
Vodafone Qatar QSC		534,254		253,465


				2,496,850

Russia — 0.0%
Credit Bank of Moscow PJSC^(a)(d)		4,743,600		518
Detsky Mir PJSC^(a)(b)(d)		238,520		26
Federal Grid Co. Rosseti PJSC^(a)(d)		142,040,000		16
Globaltrans Investment PLC, GDR^(a)(d)(f)		36,180		4
IPJSC United Medical Group, GDR^(d)(f)		11,658		1
Lenta PJSC, GDR^(a)(d)		58,692		6
LSR Group PJSC, Class A^(d)		16,818		2
Mosenergo PJSC^(d)		4,900,000		536
QIWI PLC, ADR^(a)(d)		20,971		2
Rostelecom PJSC^(d)		373,860		41
Segezha Group PJSC^(a)(b)(d)		1,675,000		183
Sistema AFK PAO^(d)		1,865,280		204
Sovcomflot PJSC^(d)		338,350		37
Unipro PJSC^(a)(d)		4,288,000		469


				2,045

Saudi Arabia — 4.1%
Abdullah Al Othaim Markets Co.		136,524		485,908
Al Hammadi Holding		25,920		462,385
Al Jouf Agricultural Development Co.		6,518		94,199
Al Masane Al Kobra Mining Co.		9,982		155,707
Al Moammar Information Systems Co.		5,260		204,222
Al Rajhi Co. for Co-operative Insurance^(a)		13,950		315,663
Al Rajhi REIT		73,253		175,793
Alamar Foods, NVS		3,240		93,132
Al-Dawaa Medical Services Co.		11,594		354,322
Aldrees Petroleum and Transport Services Co.		11,346		546,191
AlKhorayef Water & Power Technologies Co.^(a)		4,657		301,253
Almunajem Foods Co.		6,448		180,606
Alujain Corp.^(a)		14,136		159,188
Arabian Cement Co./Saudi Arabia		17,422		152,564
Arabian Contracting Services Co.		5,078		355,567
Arriyadh Development Co.		32,580		205,342
Astra Industrial Group		12,338		555,988
Catrion Catering Holding Co.		13,454		479,283
City Cement Co.		27,387		139,604
Eastern Province Cement Co.		15,180		145,239
Electrical Industries Co.		148,428		166,622


Security	Shares		Value


Saudi Arabia (continued)
Emaar Economic City^(a)		122,450	$	266,207
Fawaz Abdulaziz Al Hokair & Co.^(a)		19,964		95,500
Halwani Brothers Co.^(a)		6,882		102,241
Herfy Food Services Co.		6,060		59,174
Jadwa REIT Saudi Fund		61,256		213,970
Jahez International Co., NVS		26,670		253,688
Jamjoom Pharmaceuticals Factory Co., NVS		6,448		248,109
Leejam Sports Co. JSC		8,280		475,565
Maharah Human Resources Co.		74,958		146,577
Methanol Chemicals Co.^(a)		16,802		77,847
Middle East Healthcare Co.^(a)		12,710		412,110
Middle East Paper Co.		13,702		161,530
National Agriculture Development Co. (The)^(a)		49,600		437,880
National Co. for Learning & Education		6,262		282,519
National Gas & Industrialization Co.		12,400		283,457
National Industrialization Co.^(a)		39,618		139,233
National Medical Care Co.		7,688		412,563
Perfect Presentation For Commercial Services Co., NVS^(a)		19,778		184,580
Qassim Cement Co. (The)		13,380		212,279
Saudi Arabia Refineries Co.		4,650		114,691
Saudi Automotive Services Co.		10,122		254,825
Saudi Cement Co.		22,072		274,848
Saudi Ceramic Co.		15,314		126,467
Saudi Chemical Co. Holding		142,800		203,940
Saudi Ground Services Co.^(a)		33,960		374,888
Saudi Pharmaceutical Industries & Medical Appliances Corp.^(a)		18,120		184,930
Saudi Public Transport Co.^(a)		28,080		155,438
Saudi Real Estate Co.^(a)		53,320		285,402
Saudia Dairy & Foodstuff Co.		5,040		510,813
Seera Group Holding^(a)		49,980		445,120
Sinad Holding Co.^(a)		23,374		87,256
Southern Province Cement Co.		17,940		191,105
Sustained Infrastructure Holding Co.		18,352		152,921
Tanmiah Food Co.		2,511		89,230
Theeb Rent A Car Co.		8,928		176,041
United Electronics Co.		12,745		324,890
United International Transportation Co.		13,950		328,770
Yamama Cement Co.		34,380		330,827
Yanbu Cement Co.		24,420		205,112


				15,011,321

South Africa — 3.0%
Adcock Ingram Holdings Ltd.		16,554		48,411
AECI Ltd.		17,090		86,615
African Rainbow Minerals Ltd.		30,938		272,345
Astral Foods Ltd.		13,578		103,838
AVI Ltd.		101,256		472,070
Barloworld Ltd.		40,300		141,302
Burstone Group Ltd.		243,102		97,089
Coronation Fund Managers Ltd.		75,480		122,822
Dis-Chem Pharmacies Ltd.^(b)		124,868		198,825
DRDGOLD Ltd.		156,420		106,152
Equites Property Fund Ltd.		238,920		163,227
Fortress REIT Ltd., Series B, Class B^(a)		392,150		339,809
Foschini Group Ltd. (The)		100,800		550,505
Grindrod Ltd.		228,360		153,589
Growthpoint Properties Ltd.		977,554		596,828
Hosken Consolidated Investments Ltd.^(a)		13,740		126,123
Hyprop Investments Ltd.^(c)		118,769		194,049
Investec Ltd.		77,252		485,826
JSE Ltd.		23,374		106,804


Security	Shares		Value


South Africa (continued)
Life Healthcare Group Holdings Ltd.^(c)		385,206	$	352,469
Momentum Metropolitan Holdings		320,044		347,743
Motus Holdings Ltd.		50,964		246,184
Mr. Price Group Ltd.		78,180		693,304
MultiChoice Group^(a)		84,506		460,025
Netcare Ltd.		319,052		225,565
Ninety One Ltd.		55,268		112,723
Oceana Group Ltd.		35,650		132,488
Omnia Holdings Ltd.		28,946		94,173
Pick n Pay Stores Ltd.		117,004		123,470
PSG Financial Services Ltd.		340,689		269,816
Redefine Properties Ltd.^(c)		2,083,944		434,964
Resilient REIT Ltd.^(c)		93,540		229,900
Reunert Ltd.		55,180		187,520
Santam Ltd.		13,920		219,686
Sappi Ltd.		156,178		375,951
SPAR Group Ltd. (The)^(a)		54,808		279,041
Super Group Ltd./South Africa		111,352		153,327
Telkom SA SOC Ltd.^(a)		92,340		139,136
Thungela Resources Ltd.		39,060		213,832
Tiger Brands Ltd.		48,732		506,884
Truworths International Ltd.^(c)		117,300		439,539
Vukile Property Fund Ltd.		272,493		209,839
Wilson Bayly Holmes-Ovcon Ltd.^(a)		23,160		157,036


				10,970,844

South Korea — 13.1%
ABLBio Inc.^(a)		11,842		202,401
Advanced Nano Products Co. Ltd.^(a)		2,914		306,136
AfreecaTV Co. Ltd.		2,480		239,940
Ahnlab Inc.^(c)		2,040		109,704
Alteogen Inc.^(a)(c)		11,160		1,343,066
Amorepacific Group		9,362		187,758
Asiana Airlines Inc.^(a)		16,980		148,484
BGF retail Co. Ltd.		2,542		252,229
BH Co. Ltd.		8,006		102,940
Bioneer Corp.^(a)		7,200		132,524
BNK Financial Group Inc.		75,144		423,702
Boryung		13,144		117,608
Canariabio Inc.^(a)		44,392		33,137
Caregen Co. Ltd.		5,100		89,380
Cellivery Therapeutics Inc.^(a)(c)(d)		10,519		42,215
Chabiotech Co. Ltd.^(a)		14,323		180,292
Cheil Worldwide Inc.		19,034		264,430
Chong Kun Dang Pharmaceutical Corp.		2,356		191,332
Chunbo Co. Ltd.^(a)		1,984		135,025
CJ CGV Co. Ltd.^(a)		25,143		116,826
CJ Corp.^(a)		4,092		298,029
CJ ENM Co. Ltd.^(a)		3,300		197,010
CJ Logistics Corp.^(a)		2,852		266,528
Classys Inc.		6,882		166,427
Com2uSCorp		2,880		92,354
Cosmax Inc.^(a)		2,542		205,514
Cosmochemical Co. Ltd.^(a)		8,509		224,956
Creative & Innovative System^(a)(c)		20,274		169,497
CS Wind Corp.		8,060		313,720
Cuckoo Homesys Co. Ltd.^(a)		4,712		71,036
Curexo Inc.^(a)		8,946		100,357
Daeduck Electronics Co. Ltd./New^(a)(c)		10,478		175,832
Daejoo Electronic Materials Co. Ltd.^(a)		4,278		242,399
Daesang Corp.^(a)		9,480		139,945
Daewoo Engineering & Construction Co. Ltd.^(a)		53,568		160,281
Daewoong Co. Ltd.		8,100		133,761


Security	Shares		Value


South Korea (continued)
Daewoong Pharmaceutical Co. Ltd.		1,620	$	139,485
Daishin Securities Co. Ltd.^(a)		13,020		160,701
Daou Technology Inc.		7,316		119,469
Dawonsys Co. Ltd.^(a)(c)		10,354		100,240
DB HiTek Co. Ltd.		9,920		346,723
Dentium Co. Ltd.^(a)		2,356		255,645
DGB Financial Group Inc.		45,446		302,555
DL E&C Co. Ltd.		8,804		245,027
DL Holdings Co. Ltd.^(a)		3,968		141,854
Dong-A Socio Holdings Co. Ltd.		1,302		106,533
Dong-A ST Co. Ltd.		1,922		108,269
Dongjin Semichem Co. Ltd.^(a)		10,920		306,475
DongKook Pharmaceutical Co. Ltd.		10,049		124,633
Dongkuk Steel Mill Co. Ltd/New		12,338		119,934
Dongsuh Companies Inc.		15,004		197,032
Dongwha Enterprise Co. Ltd.^(a)		2,326		120,487
Dongwon F&B Co. Ltd.^(a)		3,385		80,934
Doosan Co. Ltd.^(a)		2,340		160,263
Doosan Fuel Cell Co. Ltd.^(a)		14,446		215,901
Doosan Tesna Inc.^(a)		4,216		135,694
DoubleUGames Co. Ltd.		3,844		133,833
Douzone Bizon Co. Ltd.^(a)		5,332		182,729
Duk San Neolux Co. Ltd.^(a)		3,480		101,751
Ecopro HN Co. Ltd.		3,840		173,125
E-MART Inc.^(a)		5,642		313,834
EMRO Inc., NVS		2,480		100,833
EM-Tech Co. Ltd.		4,650		126,672
Enchem Co. Ltd.^(a)		2,542		537,259
Eo Technics Co. Ltd.^(a)		2,700		416,523
Eoflow Co. Ltd.^(a)		3,492		13,512
ESR Kendall Square REIT Co. Ltd.		50,816		152,156
Eugene Technology Co. Ltd.		5,208		147,676
F&F Co. Ltd./New		2,852		155,065
Fila Holdings Corp.		14,322		412,780
Foosung Co. Ltd.^(a)		17,655		110,881
Gaonchips Co. Ltd.^(a)		1,364		109,091
GC Cell Corp.		3,410		101,706
GemVax & Kael Co. Ltd.^(a)		10,440		96,148
GOLFZON Co. Ltd.^(a)		1,984		116,966
Green Cross Corp.		2,046		181,163
Green Cross Holdings Corp.		9,660		119,542
GS Engineering & Construction Corp.^(a)		19,344		232,055
GS Retail Co. Ltd.		11,780		197,414
HAESUNG DS Co. Ltd.		3,667		127,473
Hana Materials Inc.^(c)		3,348		119,857
Hana Micron Inc.^(a)		11,656		227,498
Hana Tour Service Inc.^(a)		4,195		207,426
Hanall Biopharma Co. Ltd.^(a)		10,788		282,257
Handsome Co. Ltd.		5,882		84,390
Hanil Cement Co. Ltd./New		11,780		107,586
Hankook & Co. Co. Ltd.		7,874		100,737
Hanmi Science Co. Ltd.^(a)		6,696		207,335
Hansae Co. Ltd.		5,958		91,370
Hansol Chemical Co. Ltd.^(a)		2,790		357,580
Hanssem Co. Ltd.		2,852		103,819
Hanwha Corp.		12,772		282,669
Hanwha Investment & Securities Co. Ltd.^(a)		47,678		159,540
Hanwha Life Insurance Co. Ltd.^(a)		93,372		221,271
Hanwha Systems Co. Ltd.		21,390		268,278
HD Hyundai Construction Equipment Co. Ltd.		3,780		153,074
HD Hyundai Electric Co. Ltd.		6,758		633,048
HD Hyundai Infracore Co. Ltd.		40,740		246,719


Security	Shares		Value


South Korea (continued)
HDC Hyundai Development Co-Engineering & Construction, Class E		12,276	$	183,316
Hite Jinro Co. Ltd.^(c)		10,020		150,380
HL Mando Co. Ltd.		10,503		262,225
HLB Life Science Co. Ltd.^(a)		26,288		278,748
Hotel Shilla Co. Ltd.		6,944		313,408
HPSP Co. Ltd.		11,594		448,797
Hugel Inc.^(a)		1,984		273,513
Hyosung Advanced Materials Corp.		930		233,319
Hyosung Corp.		2,976		133,717
Hyosung Heavy Industries Corp.		1,550		224,373
Hyosung TNC Corp.		806		175,423
Hyundai Bioscience Co. Ltd.^(a)		10,850		169,029
Hyundai Department Store Co. Ltd.		4,838		190,657
Hyundai Elevator Co. Ltd.^(a)		7,502		224,890
Hyundai Marine & Fire Insurance Co. Ltd.^(a)		16,740		395,930
Hyundai Mipo Dockyard Co. Ltd.^(a)		4,960		234,293
Hyundai Rotem Co. Ltd.^(c)		23,374		588,575
Hyundai Wia Corp.^(a)		5,394		244,081
Il Dong Pharmaceutical Co. Ltd.^(a)		6,135		72,468
Iljin Hysolus Co. Ltd.^(a)		6,448		114,015
Innocean Worldwide Inc.		5,766		94,960
Innox Advanced Materials Co. Ltd.		5,270		125,636
Intellian Technologies Inc.^(a)		2,852		117,440
IS Dongseo Co. Ltd.		5,520		114,947
ISC Co. Ltd.		3,472		188,300
i-SENS Inc.		6,572		113,249
ISU Specialty Chemical, NVS^(a)		1,240		305,528
IsuPetasys Co. Ltd.		14,460		333,682
JB Financial Group Co. Ltd.		31,864		314,928
Jeisys Medical Inc.^(a)		21,328		126,398
Jeju Semiconductor Corp.^(a)		7,750		157,724
Jin Air Co. Ltd.^(a)		11,520		108,156
JR Global REIT		63,054		195,181
Jusung Engineering Co. Ltd.		10,354		286,483
JW Pharmaceutical Corp.		4,774		118,236
JYP Entertainment Corp.^(a)		7,688		425,507
K Car Co. Ltd., NVS		8,680		80,088
Kakao Games Corp.^(a)		13,516		238,750
KCC Corp.		1,500		299,447
KCC Glass Corp.		4,774		147,171
KEPCO Engineering & Construction Co. Inc.^(a)		5,208		277,684
KEPCO Plant Service & Engineering Co. Ltd.^(a)		7,800		218,128
KG Dongbusteel		16,864		95,106
KIWOOM Securities Co. Ltd.^(a)		4,364		412,509
KMW Co. Ltd.^(a)		8,308		88,782
Koh Young Technology Inc.		17,174		248,283
Kolmar Korea Co. Ltd.^(a)		4,514		161,063
Kolon Industries Inc.		6,180		180,245
KoMiCo Ltd.		2,542		118,440
Korea Electric Terminal Co. Ltd.		1,860		88,802
Korea Gas Corp.^(a)		8,665		188,832
Korea Line Corp.^(a)		62,806		96,926
Korea Petrochemical Ind Co. Ltd.		1,302		139,478
Korean Reinsurance Co.^(a)		39,494		238,778
Kumho Tire Co. Inc.^(a)		41,974		198,914
Kyung Dong Navien Co. Ltd.		2,943		117,356
L&C Bio Co. Ltd.		8,122		145,215
Lake Materials Co. Ltd.^(a)		11,883		186,841
LEENO Industrial Inc.		2,976		466,246
LegoChem Biosciences Inc.^(a)		8,308		331,670
LIG Nex1 Co. Ltd.		3,720		400,679


Security	Shares		Value


South Korea (continued)
Lotte Corp.		2,389	$	54,181
Lotte Energy Materials Corp.		7,254		190,150
Lotte Fine Chemical Co. Ltd.		5,332		190,369
LOTTE REIT Co. Ltd.		47,460		111,585
Lotte Rental Co. Ltd.		4,526		91,818
Lotte Shopping Co. Ltd.		3,410		198,911
Lotte Tour Development Co. Ltd.^(a)		15,996		108,757
LS Corp.		5,394		356,657
LS Electric Co. Ltd.		4,800		231,451
Lunit Inc.^(a)		6,060		278,032
LX International Corp.		8,866		183,020
LX Semicon Co. Ltd.		3,660		207,388
Mcnex Co. Ltd.		4,581		87,605
Medytox Inc.		1,612		191,799
MegaStudyEdu Co. Ltd.		2,820		131,662
Mezzion Pharma Co. Ltd.^(a)		7,192		218,330
Myoung Shin Industrial Co. Ltd.^(a)(c)		11,904		144,194
Naturecell Co. Ltd.^(a)(c)		20,088		105,207
Neowiz Games Corp.		3,360		55,949
Nexon Games Co. Ltd.^(a)		9,734		101,949
NEXTIN Inc.^(a)		2,976		170,864
NHN Corp.		5,332		106,415
NICE Information Service Co. Ltd.^(a)(c)		12,772		102,798
NKMax Co. Ltd.^(a)		25,080		30,624
NongShim Co. Ltd.		992		259,069
OCI Co. Ltd.		1,922		122,185
OCI Holdings Co. Ltd.		4,650		328,664
Orion Holdings Corp.		7,080		76,048
Oscotec Inc.^(a)		9,362		156,230
Ottogi Corp.^(c)		660		198,908
Pan Ocean Co. Ltd.		84,134		308,046
Paradise Co. Ltd.		14,818		141,018
Park Systems Corp.		1,800		233,637
Partron Co. Ltd.		13,260		78,381
Pearl Abyss Corp.^(a)		6,448		146,964
People & Technology Inc.^(a)		6,267		190,627
Peptron Inc.^(a)		7,006		121,270
PharmaResearch Co. Ltd.		2,160		152,752
PI Advanced Materials Co. Ltd.^(a)		6,420		101,588
Poongsan Corp.		5,084		164,887
Posco M-Tech Co. Ltd.^(a)		6,200		114,228
PSK Inc.		8,618		164,767
Rainbow Robotics^(a)(c)		2,820		342,865
S&S Tech Corp.		5,456		180,909
S-1 Corp.		4,898		213,477
Sam Chun Dang Pharm Co. Ltd.^(a)		4,320		232,275
Sam-A Aluminum Co. Ltd.		1,560		116,245
Sambu Engineering & Construction Co. Ltd.^(a)		67,794		122,952
Samyang Foods Co. Ltd.		1,364		175,078
Samyang Holdings Corp.		1,612		88,266
SD Biosensor Inc.^(a)(c)		16,740		157,795
Sebang Global Battery Co. Ltd.		2,220		132,812
Seegene Inc.		11,718		219,151
Seojin System Co. Ltd.^(a)(c)		9,360		144,098
Seoul Semiconductor Co. Ltd.^(a)		13,206		98,920
SFA Engineering Corp.^(c)		6,014		112,870
SFA Semicon Co. Ltd.^(a)		26,640		120,156
Shin Poong Pharmaceutical Co. Ltd.^(a)		11,491		103,949
Shinsegae Inc.		2,170		285,064
Shinsegae International Inc.^(c)		5,952		73,849
Shinsung Delta Tech Co. Ltd.		5,084		469,610
SIMMTECH Co. Ltd.^(a)		7,254		155,764


Security	Shares		Value


South Korea (continued)
SK Chemicals Co. Ltd.		4,920	$	251,245
SK Networks Co. Ltd.^(a)		34,782		171,296
SK oceanplant Co. Ltd.^(a)		9,486		92,722
SK REITs Co. Ltd.		50,282		146,807
SL Corp.		5,952		151,291
SM Entertainment Co. Ltd.		3,540		208,347
SNT Motiv Co. Ltd.		3,660		122,264
SOLUM Co. Ltd.^(a)		13,330		290,570
Solus Advanced Materials Co. Ltd.		12,022		109,468
Soulbrain Co. Ltd.		1,240		254,185
Ssangyong C&E Co. Ltd.		9,602		50,332
ST Pharm Co. Ltd.		3,596		171,637
STCUBE^(a)(c)		17,050		80,703
Studio Dragon Corp.^(a)		3,840		130,663
Sungeel Hitech Co. Ltd.^(a)		1,712		126,352
Synopex Inc.^(a)		18,508		122,729
Taekwang Industrial Co. Ltd.^(a)		120		70,849
Taihan Electric Wire Co. Ltd.^(a)		18,699		131,896
TCC Steel^(a)		5,146		262,731
TKG Huchems Co. Ltd.		7,347		110,675
Tokai Carbon Korea Co. Ltd.		1,680		119,612
Tongyang Life Insurance Co. Ltd.^(a)		15,190		66,481
Unid Co. Ltd.		1,295		75,774
Vaxcell-Bio Therapeutics Co. Ltd.^(a)		6,572		94,720
Voronoi Inc.^(a)		2,666		89,491
Webzen Inc.		7,874		98,683
Wemade Co. Ltd.^(a)		5,881		206,342
WONIK IPS Co. Ltd.^(a)		8,556		211,390
Wonik QnC Corp.^(a)		5,880		124,286
W-Scope Chungju Plant Co. Ltd.^(a)		3,534		119,856
Wysiwyg Studious Co. Ltd.^(a)		36,193		75,049
YG Entertainment Inc.		3,972		122,258
Youngone Corp.^(a)		8,060		266,159


				47,464,167

Taiwan — 22.1%
AcBel Polytech Inc.		186,773		251,995
Acter Group Corp. Ltd.		60,000		370,300
ADATA Technology Co. Ltd.		124,405		393,559
Adimmune Corp.^(a)		124,000		115,543
Advanced Ceramic X Corp.		18,000		128,793
Advanced Energy Solution Holding Co. Ltd.		10,000		225,831
Advanced Wireless Semiconductor Co.^(a)		60,596		270,874
Airoha Technology Corp., NVS		1,000		21,892
Allis Electric Co. Ltd.		16,000		50,618
Andes Technology Corp.		13,000		204,420
AP Memory Technology Corp.		28,000		403,551
Arcadyan Technology Corp.		60,541		353,117
Ardentec Corp.		129,000		289,720
Asia Optical Co. Inc.		124,000		263,432
Asia Vital Components Co. Ltd.		106,533		1,797,101
ASMedia Technology Inc.		8,000		597,128
ASPEED Technology Inc.		8,800		762,194
AURAS Technology Co. Ltd.		17,000		287,285
BES Engineering Corp.		496,000		191,531
Bizlink Holding Inc.		44,570		342,411
Bora Pharmaceuticals Co. Ltd.		16,184		342,527
Brighton-Best International Taiwan Inc.		120,000		128,839
Capital Securities Corp.		600,530		318,496
Career Technology MFG. Co. Ltd.		127,986		84,475
Cathay Real Estate Development Co. Ltd.		186,300		109,059
Center Laboratories Inc.		171,435		258,345
Century Iron & Steel Industrial Co. Ltd.		60,000		488,715


Security	Shares		Value


Taiwan (continued)
Chang Wah Electromaterials Inc.		120,000	$	146,360
Chang Wah Technology Co. Ltd.		153,500		167,834
Channel Well Technology Co. Ltd.		62,000		161,074
Charoen Pokphand Enterprise		73,300		225,322
Cheng Loong Corp.		240,000		220,175
Cheng Uei Precision Industry Co. Ltd.		120,000		172,632
Chicony Electronics Co. Ltd.		180,000		1,068,535
Chicony Power Technology Co. Ltd.		62,000		332,970
China General Plastics Corp.		124,700		80,297
China Man-Made Fiber Corp.^(a)		500,031		122,252
China Motor Corp.		66,200		263,027
China Petrochemical Development Corp.^(a)		1,178,145		350,714
China Steel Chemical Corp.		60,000		212,580
Chin-Poon Industrial Co. Ltd.		120,000		198,787
Chipbond Technology Corp.		175,000		393,135
ChipMOS Technologies Inc.		124,000		173,087
Chong Hong Construction Co. Ltd.		62,424		154,251
Chroma ATE Inc.		120,000		885,802
Chung Hung Steel Corp.		300,000		220,056
Chung Hwa Pulp Corp.		124,000		88,459
Chung-Hsin Electric & Machinery Manufacturing Corp.		120,000		650,725
Cleanaway Co. Ltd.		40,000		225,891
Clevo Co.		120,000		152,282
Compeq Manufacturing Co. Ltd.		300,000		723,036
Coretronic Corp.		62,400		140,358
Co-Tech Development Corp.		62,000		116,191
CSBC Corp. Taiwan^(a)		248,361		144,467
CTCI Corp.		180,000		244,690
Cub Elecparts Inc.		46,615		189,682
Darfon Electronics Corp.		120,000		202,154
Dynamic Holding Co. Ltd.		62,000		147,233
Dynapack International Technology Corp.		61,000		156,894
EirGenix Inc.^(a)		62,000		185,944
Elan Microelectronics Corp.		89,000		467,538
Elite Material Co. Ltd.		80,000		1,255,597
Elite Semiconductor Microelectronics Technology Inc.		84,000		248,800
Ennoconn Corp.		26,000		246,075
ENNOSTAR Inc.^(a)		186,184		252,849
Episil Technologies Inc.		124,425		237,332
Eternal Materials Co. Ltd.		276,129		281,009
Etron Technology Inc.		124,506		212,099
Evergreen International Storage & Transport Corp.		186,000		196,580
Everlight Electronics Co. Ltd.		120,000		189,836
Far Eastern Department Stores Ltd.		248,000		191,059
Far Eastern International Bank		704,102		275,099
Faraday Technology Corp.		62,000		761,190
Farglory Land Development Co. Ltd.		92,000		163,578
Feng Hsin Steel Co. Ltd.		124,000		267,540
Fitipower Integrated Technology Inc.		332		2,539
FLEXium Interconnect Inc.		60,418		165,100
FocalTech Systems Co. Ltd.		62,000		191,467
Formosa Sumco Technology Corp.		29,000		143,690
Formosa Taffeta Co. Ltd.		240,000		179,239
Fortune Electric Co. Ltd.		38,000		648,111
Foxconn Technology Co. Ltd.		248,000		390,131
Foxsemicon Integrated Technology Inc.		25,200		191,440
Fulgent Sun International Holding Co. Ltd.		56,330		223,810
Fusheng Precision Co. Ltd.		26,000		185,275
General Interface Solution Holding Ltd.		62,000		114,236
Genius Electronic Optical Co. Ltd.		24,585		329,801
Getac Holdings Corp.		120,000		453,989


Security	Shares		Value


Taiwan (continued)
Giant Manufacturing Co. Ltd.		120,000	$	775,502
Global Brands Manufacture Ltd.		117,000		241,762
Global Mixed Mode Technology Inc.		24,000		197,226
Gloria Material Technology Corp.		186,000		276,775
Gold Circuit Electronics Ltd.		116,600		949,349
Goldsun Building Materials Co. Ltd.		310,426		324,193
Gourmet Master Co. Ltd.		49,821		139,531
Grand Pacific Petrochemical		372,161		166,658
Grape King Bio Ltd.		62,000		304,266
Great Tree Pharmacy Co. Ltd.		19,649		190,352
Great Wall Enterprise Co. Ltd.		248,284		458,932
Greatek Electronics Inc.		63,000		119,260
Gudeng Precision Industrial Co. Ltd.		18,000		256,220
Hannstar Board Corp.		120,481		215,875
HannStar Display Corp.^(a)		720,320		258,952
Highwealth Construction Corp.		366,909		460,853
Hiwin Technologies Corp.		62,044		471,440
Holtek Semiconductor Inc.		60,000		113,875
Holy Stone Enterprise Co. Ltd.		68,152		209,000
Hota Industrial Manufacturing Co. Ltd.		62,773		112,021
Hotai Finance Co. Ltd.		66,800		255,833
Hsin Kuang Steel Co. Ltd.		122,000		257,689
HTC Corp.^(a)		248,000		383,209
Huaku Development Co. Ltd.		62,080		194,066
IBF Financial Holdings Co. Ltd.^(a)		744,172		289,563
Innodisk Corp.		28,559		276,183
International CSRC Investment Holdings Co.		300,945		173,387
International Games System Co. Ltd.		36,000		970,951
I-Sunny Construction & Development Co. Ltd.		24,000		67,878
ITE Technology Inc.		60,000		313,365
ITEQ Corp.		62,559		176,603
Jentech Precision Industrial Co. Ltd.		24,399		710,451
Jinan Acetate Chemical Co. Ltd.		13,692		419,855
Johnson Health Tech Co. Ltd.		55,000		115,476
Kaori Heat Treatment Co. Ltd.		25,047		220,477
Kenda Rubber Industrial Co. Ltd.		248,260		237,616
Kindom Development Co. Ltd.		186,400		232,891
King Slide Works Co. Ltd.		17,000		730,388
King Yuan Electronics Co. Ltd.		310,000		872,939
King’s Town Bank Co. Ltd.		240,000		339,012
Kinik Co.		45,000		367,603
Kinpo Electronics		372,000		181,299
Kinsus Interconnect Technology Corp.		62,000		189,817
KMC Kuei Meng International Inc.		27,000		131,970
L&K Engineering Co. Ltd.		60,000		320,028
Lien Hwa Industrial Holdings Corp.		310,412		643,628
Longchen Paper & Packaging Co. Ltd.		249,775		110,259
Lotes Co. Ltd.		23,181		752,091
Lotus Pharmaceutical Co. Ltd.		62,000		568,658
LuxNet Corp.		58,082		286,910
M31 Technology Corp.		2,000		114,244
Macronix International Co. Ltd.		558,000		502,786
Makalot Industrial Co. Ltd.		62,391		734,320
Medigen Vaccine Biologics Corp.^(a)		83,071		160,836
Mercuries & Associates Holding Ltd.^(a)		142,030		57,095
Mercuries Life Insurance Co. Ltd.^(a)		558,558		87,477
Merida Industry Co. Ltd.		74,000		488,990
Merry Electronics Co. Ltd.		61,616		230,210
Microbio Co. Ltd.		141,827		208,635
Mitac Holdings Corp.		265,383		355,377
MPI Corp.		25,000		255,461
Nan Kang Rubber Tire Co. Ltd.^(a)		160,000		199,262


Security	Shares		Value


Taiwan (continued)
Nantex Industry Co. Ltd.		124,000	$	138,709
Nuvoton Technology Corp.		60,000		245,114
OBI Pharma Inc.^(a)		67,769		143,592
Oneness Biotech Co. Ltd.		88,260		493,234
Orient Semiconductor Electronics Ltd.		124,000		284,489
Oriental Union Chemical Corp.		186,000		113,150
Pan Jit International Inc.		115,000		227,245
Pan-International Industrial Corp.		124,722		129,607
PharmaEngine Inc.		36,000		117,876
Pharmally International Holding Co. Ltd.^(d)		21,603		—
Phihong Technology Co. Ltd.^(a)		124,432		241,627
Phison Electronics Corp.		58,000		1,153,654
Pixart Imaging Inc.		60,635		328,465
Polaris Group/Tw^(a)		124,000		277,254
Powertech Technology Inc.		186,000		919,103
Poya International Co. Ltd.		17,326		269,408
President Securities Corp.		240,623		156,109
Primax Electronics Ltd.		124,000		285,711
Prince Housing & Development Corp.		372,917		121,001
Qisda Corp.		434,000		633,596
Quanta Storage Inc.		56,000		137,271
Radiant Opto-Electronics Corp.		135,000		630,427
Raydium Semiconductor Corp.		18,000		254,926
RichWave Technology Corp.^(a)		490		3,500
Ruentex Industries Ltd.		186,735		350,025
Run Long Construction Co. Ltd.		62,220		202,828
Sanyang Motor Co. Ltd.		180,820		427,714
ScinoPharm Taiwan Ltd.		120,708		96,938
SDI Corp.		61,000		199,934
Sercomm Corp.		62,000		266,038
Shihlin Electric & Engineering Corp.		62,000		367,296
Shin Zu Shing Co. Ltd.		60,856		325,507
Shinfox Energy Co. Ltd.		60,000		289,923
Shinkong Synthetic Fibers Corp.		420,135		202,863
Sigurd Microelectronics Corp.		124,124		276,519
Silicon Integrated Systems Corp.		180,000		245,777
Simplo Technology Co. Ltd.		60,600		818,079
Sinbon Electronics Co. Ltd.		62,000		507,030
Sincere Navigation Corp.		124,000		108,467
Sino-American Silicon Products Inc.		124,000		728,636
Sinyi Realty Inc.		120,778		112,524
Sitronix Technology Corp.		43,000		394,982
Solar Applied Materials Technology Corp.		180,943		253,259
Sporton International Inc.		27,300		203,307
Standard Foods Corp.		120,000		143,126
Sunny Friend Environmental Technology Co. Ltd.		37,106		123,927
Sunonwealth Electric Machine Industry Co. Ltd.		62,000		249,437
Sunplus Technology Co. Ltd.		180,000		188,687
Supreme Electronics Co. Ltd.		155,017		306,212
Synmosa Biopharma Corp.		124,866		154,060
Systex Corp.		60,000		214,651
TA Chen Stainless Pipe		510,232		579,833
Ta Ya Electric Wire & Cable		248,904		295,474
Taichung Commercial Bank Co. Ltd.		1,054,301		555,494
TaiMed Biologics Inc.^(a)		60,000		209,978
Tainan Spinning Co. Ltd.		434,190		212,312
Taiwan Cogeneration Corp.		186,860		293,346
Taiwan Fertilizer Co. Ltd.		186,000		392,074
Taiwan Glass Industry Corp.^(a)		360,000		207,925
Taiwan Hon Chuan Enterprise Co. Ltd.		109,004		501,620
Taiwan Mask Corp.		68,000		149,843
Taiwan Paiho Ltd.		106,050		194,353


Security	Shares		Value


Taiwan (continued)
Taiwan Secom Co. Ltd.		80,450	$	301,641
Taiwan Semiconductor Co. Ltd.		73,000		184,935
Taiwan Shin Kong Security Co. Ltd.		109,366		138,569
Taiwan Surface Mounting Technology Corp.		62,000		192,634
Taiwan TEA Corp.^(a)		186,000		122,319
Taiwan Union Technology Corp.		62,000		307,200
Taiwan-Asia Semiconductor Corp.		120,000		159,570
Tatung Co. Ltd.^(a)		480,000		788,975
TCI Co. Ltd.		37,528		190,918
Teco Electric and Machinery Co. Ltd.		360,000		560,961
Test Research Inc.		60,000		138,554
Ton Yi Industrial Corp.		300,000		147,161
Tong Hsing Electronic Industries Ltd.		62,478		299,505
Tong Yang Industry Co. Ltd.		120,133		375,906
Topco Scientific Co. Ltd.		62,704		385,950
TPK Holding Co. Ltd.		120,000		132,863
Transcend Information Inc.		62,000		156,981
Tripod Technology Corp.		124,000		817,541
TSEC Corp.		180,997		159,572
TSRC Corp.		248,000		179,033
TTY Biopharm Co. Ltd.		60,450		154,904
Tung Ho Steel Enterprise Corp.		186,750		456,547
TXC Corp.		124,000		391,905
U-Ming Marine Transport Corp.		124,000		218,112
Union Bank of Taiwan		248,372		111,595
United Integrated Services Co. Ltd.		60,400		560,666
United Renewable Energy Co. Ltd.		431,059		169,218
UPC Technology Corp.		360,741		167,322
UPI Semiconductor Corp.^(a)		18,000		179,071
USI Corp.		240,070		138,383
Via Technologies Inc.		62,000		258,857
VisEra Technologies Co. Ltd.		32,000		310,955
Visual Photonics Epitaxy Co. Ltd.		60,425		312,491
Wafer Works Corp.		186,918		235,572
Waffer Technology Corp.		60,000		195,908
Wah Lee Industrial Corp.		61,340		216,570
Walsin Technology Corp.		120,000		426,237
Win Semiconductors Corp.		114,000		548,525
Wisdom Marine Lines Co. Ltd.		142,000		275,638
Wistron NeWeb Corp.		116,240		564,978
WT Microelectronics Co. Ltd.		186,711		1,014,084
XinTec Inc.		60,000		250,757
Xxentria Technology Materials Corp.		78,600		179,116
YFY Inc.		360,000		344,604
Yieh Phui Enterprise Co. Ltd.		310,586		149,814
Yulon Finance Corp.		62,285		326,597
Yulon Motor Co. Ltd.		186,955		418,987
YungShin Global Holding Corp.		60,200		89,590


				79,923,343

Thailand — 3.1%
AEON Thana Sinsap Thailand PCL, NVDR^(c)		31,000		129,789
Amata Corp. PCL, NVDR		415,476		260,805
AP Thailand PCL, NVDR		674,800		197,717
B Grimm Power PCL, NVDR^(c)		279,000		200,453
Bangchak Corp. PCL, NVDR		255,600		296,048
Bangkok Chain Hospital PCL, NVDR		427,300		251,388
Bangkok Commercial Asset Management PCL, NVDR^(c)		582,800		136,664
Bangkok Land PCL, NVDR^(a)		6,058,100		114,862
Bangkok Life Assurance PCL, NVDR		196,500		98,136
Banpu PCL, NVDR		1,258,600		196,519
BCPG PCL, NVDR		558,000		120,716


Security	Shares		Value


Thailand (continued)
Betagro PCL, NVS		223,200	$	138,259
Beyond Securities PCL, NVDR^(a)(c)		731,600		75,189
Carabao Group PCL, NVDR		111,600		216,538
Central Plaza Hotel PCL, NVDR^(a)(c)		192,600		231,088
CH Karnchang PCL, NVDR^(c)		440,200		285,753
Chularat Hospital PCL, NVDR		2,178,000		178,738
CK Power PCL, NVDR		1,097,500		120,642
Com7 PCL, NVDR^(c)		384,400		222,595
Dhipaya Group Holdings PCL, NVDR^(c)		142,600		116,222
Ditto Thailand PCL, NVDR^(c)		99,200		66,575
Eastern Polymer Group PCL, NVDR		551,800		109,532
Electricity Generating PCL, NVDR^(c)		74,400		243,806
Erawan Group PCL (The), NVDR^(a)		1,249,900		165,416
GFPT PCL, NVDR^(c)		260,400		86,334
Gunkul Engineering PCL, NVDR^(c)		1,760,899		134,561
Hana Microelectronics PCL, NVDR^(c)		192,200		199,152
IRPC PCL, NVDR^(c)		3,038,000		165,177
I-TAIL Corp. PCL, NVS		248,000		125,963
Jasmine International PCL, NVDR		1,630,600		92,969
Jaymart Group Holdings PCL, NVDR^(c)		246,000		96,807
JMT Network Services PCL, NVDR		217,000		135,463
KCE Electronics PCL, NVDR^(c)		256,100		271,116
Khon Kaen Sugar Industry PCL, NVDR		1,426,030		98,607
Kiatnakin Phatra Bank PCL, NVDR^(c)		99,232		142,565
Major Cineplex Group PCL, NVDR^(c)		270,800		104,952
MBK PCL, NVDR		415,400		191,467
Mega Lifesciences PCL, NVDR		144,000		167,063
MK Restaurants Group PCL, NVDR		105,400		110,292
Ngern Tid Lor PCL, NVDR^(c)		390,600		245,374
Plan B Media PCL, NVDR		984,080		240,480
Pruksa Holding PCL, NVDR		341,000		117,130
PTG Energy PCL, NVDR^(c)		360,400		91,562
Quality Houses PCL, NVDR^(c)		2,304,067		138,764
Ratch Group PCL, NVDR^(c)		322,400		260,589
Sansiri PCL, NVDR		5,400,200		277,285
Sappe PCL^(c)		49,600		119,579
Siam Global House PCL, NVDR		476,201		225,360
Siamgas & Petrochemicals PCL, NVDR		324,000		76,336
Sino-Thai Engineering & Construction PCL, NVDR^(c)		466,128		131,252
SISB PCL^(c)		130,200		150,995
Sri Trang Agro-Industry PCL, NVDR^(c)		359,680		193,557
Srisawad Corp. PCL, NVDR		223,200		237,335
Star Petroleum Refining PCL, NVDR		688,200		171,366
Supalai PCL, NVDR		421,600		246,850
Super Energy Corp. PCL, NVDR^(a)		4,741,300		44,948
Thai Union Group PCL, NVDR		793,600		318,917
Thai Vegetable Oil PCL, NVDR		285,260		167,028
Thanachart Capital PCL, NVDR		105,400		146,205
Thonburi Healthcare Group PCL, NVDR^(c)		114,000		138,269
Tipco Asphalt PCL, NVDR		297,600		131,935
TOA Paint Thailand PCL, NVDR^(c)		260,800		145,603
TPI Polene Power PCL, NVDR		1,822,800		171,785
TTW PCL, NVDR^(c)		732,000		191,887
VGI PCL, NVDR^(c)		2,399,450		95,838
WHA Corp. PCL, NVDR^(c)		3,137,200		402,507


				11,174,674

Turkey — 2.6%
Agrotech Yueksek Teknoloji VE Yatirim AS, NVS		87,968		102,526
Ahlatci Dogal Gaz Dagitim Enerji VE Yatirim AS		248,248		106,512
Akcansa Cimento A/S		16,244		81,658
Akfen Yenilenebilir Enerji A/S, NVS		121,830		106,416
Aksa Akrilik Kimya Sanayii AS		46,376		157,995


Security	Shares		Value

Turkey (continued)
Alarko Holding A/S		60,636	$	257,027
Alfa Solar Enerji Sanayi VE Ticaret A/S, NVS		26,970		91,450
Anadolu Anonim Turk Sigorta Sirketi^(a)		65,472		143,600
Anadolu Efes Biracilik Ve Malt Sanayii AS^(c)		66,526		331,656
Aygaz AS		23,498		115,491
Baticim Bati Anadolu Cimento Sanayii A/S^(a)		29,140		106,549
Bien Yapi Urunleri Sanayi Turizm ve Ticaret A/S, NVS		54,870		82,046
Bosch Fren Sistemleri Sanayi ve Ticaret A/S, NVS		1,580		65,008
Can2 Termik AS^(a)		146,940		85,017
Cimsa Cimento Sanayi VE Ticaret AS		135,660		152,029
Dogan Sirketler Grubu Holding AS		378,324		164,138
Dogus Otomotiv Servis ve Ticaret AS		16,560		141,705
Eczacibasi Yatirim Holding Ortakligi A/S		9,362		79,840
EGE Endustri VE Ticaret AS		434		240,742
EIS Eczacibasi Ilac ve Sinai ve Finansal Yatirimlar Sanayi ve Ticaret AS		55,924		96,157
Emlak Konut Gayrimenkul Yatirim Ortakligi AS		615,722		218,834
Enerjisa Enerji AS^(b)		89,962		179,743
Enerya Enerji A/S, NVS		15,686		74,333
Europower Enerji VE Otomasyon Teknolojileri Sanayi Ticaret A/S, NVS		20,100		112,047
GEN Ilac VE Saglik Urunleri Sanayi VE Ticaret AS		29,264		67,371
Girisim Elektrik Taahhut Ticaret Ve Sanayi AS^(a)		46,314		114,927
Hektas Ticaret TAS^(a)		306,963		187,438
Is Gayrimenkul Yatirim Ortakligi AS^(a)		119,846		66,424
Is Yatirim Menkul Degerler AS		172,360		204,823
Izdemir Enerji Elektrik Uretim A/S, NVS		54,064		55,048
Kardemir Karabuk Demir Celik Sanayi ve Ticaret A/S, Class D		308,760		265,405
Kayseri Seker Fabrikasi A/S, NVS		52,762		60,311
Kiler Holding AS^(a)		82,336		163,451
Kimteks Poliuretan Sanayi VE Ticaret AS, NVS		37,696		80,868
Kizilbuk Gayrimenkul Yatirim Ortakligi AS, NVS^(a)		1		—
Kontrolmatik Enerji Ve Muhendislik AS, NVS		28,582		262,653
Koza Altin Isletmeleri AS		252,464		185,115
Koza Anadolu Metal Madencilik Isletmeleri AS^(a)		62,186		101,514
Mavi Giyim Sanayi Ve Ticaret AS, Class B^(b)		54,002		245,358
MIA Teknoloji A/S, NVS		67,022		168,030
Migros Ticaret AS		30,628		483,719
MLP Saglik Hizmetleri AS^(a)(b)(c)		29,264		160,227
Nuh Cimento Sanayi AS		19,158		201,815
ODAS Elektrik Uretim ve Sanayi Ticaret AS^(a)		401,884		129,668
Otokar Otomotiv Ve Savunma Sanayi AS^(a)		15,810		255,763
Oyak Cimento Fabrikalari AS^(a)		52,171		118,519
Oyak Yatirim Menkul Degerler AS, NVS^(a)		30,814		45,701
Peker Gayrimenkul Yatirim Ortakligi A/S^(a)		132,420		139,494
Petkim Petrokimya Holding AS^(a)		361,708		279,900
Politeknik Metal Sanayi ve Ticaret A/S, NVS		229		179,532
Qua Granite Hayal^(a)		336,536		46,550
Sarkuysan Elektrolitik Bakir Sanayi ve Ticaret AS		135,001		146,795
SDT Uzay VE Savunma Teknolojileri A/S, NVS		4,320		53,219
Selcuk Ecza Deposu Ticaret ve Sanayi AS		39,680		76,421
Smart Gunes Enerjisi Teknolojileri ArGE Uretim Sanayi ve Ticaret AS, NVS^(a)		58,962		122,808
Sok Marketler Ticaret AS		107,136		229,795
TAV Havalimanlari Holding AS^(a)		63,860		356,806
Torunlar Gayrimenkul Yatirim Ortakligi A/S		92,752		110,942
Turkiye Sinai Kalkinma Bankasi AS^(a)		465,120		123,140
Ulker Biskuvi Sanayi AS^(a)		63,550		216,096
Verusa Holding A/S		9,238		78,976
Vestel Elektronik Sanayi ve Ticaret AS^(a)		47,740		126,949


Security	Shares		Value

Turkey (continued)
Zorlu Enerji Elektrik Uretim AS^(a)		719,572	$	129,945


				9,334,035

United Arab Emirates — 1.0%
Agthia Group PJSC		124,682		178,799
Air Arabia PJSC		714,120		556,493
Ajman Bank PJSC^(a)		377,518		185,010
Al Waha Capital PJSC		369,520		172,036
AL Yah Satellite Communications Co-PJSC-Yah Sat		289,726		177,482
Amanat Holdings PJSC		379,561		105,406
Aramex PJSC		246,191		162,878
Dana Gas PJSC		1,838,920		316,421
Drake & Scull International PJSC^(a)(d)		241,185		1
Dubai Financial Market PJSC		497,160		179,065
Dubai Investments PJSC		608,158		387,451
Emirates Central Cooling Systems Corp.		558,000		249,151
Gulf Navigation Holding PJSC^(a)		121,396		204,720
National Central Cooling Co. PJSC		221,040		209,734
Ras Al Khaimah Ceramics		174,368		137,673
Sharjah Islamic Bank		391,492		234,493
Taaleem Holdings PJSC, NVS		76,384		76,947


				3,533,760


Total Common Stocks — 98.8% (Cost: $313,736,264)				357,774,785


Preferred Stocks

Brazil — 0.8%
Alpargatas SA, Preference Shares, NVS		68,460		140,057
Azul SA, Preference Shares, NVS		89,340		217,280
Banco ABC Brasil SA
Preference Shares, NVS		31,196		148,164
Preference Shares, NVS		1,035		4,580
Banco do Estado do Rio Grande do Sul SA, Class B, Preference Shares, NVS		54,600		169,475
Banco Pan SA, Preference Shares, NVS		103,620		182,598
Bradespar SA, Preference Shares, NVS		84,506		360,388
Cia. de Saneamento do Parana, Preference Shares, NVS		83,390		88,404
Marcopolo SA, Preference Shares, NVS		220,720		389,838
Metalurgica Gerdau SA, Preference Shares, NVS		189,286		384,961
Randon SA Implementos e Participacoes, Preference Shares, NVS		56,110		124,273
Unipar Carbocloro SA, Class B, Preference Shares, NVS		14,384		191,464
Usinas Siderurgicas de Minas Gerais SA Usiminas, Class A, Preference Shares, NVS		139,500		310,649


				2,712,131

Chile — 0.1%
Embotelladora Andina SA, Class B, Preference Shares, NVS		122,178		308,335


Total Preferred Stocks — 0.9% (Cost: $2,238,384)				3,020,466


Rights

India — 0.0%
South Indian Bank Ltd. (The), (Expires 03/27/24, Strike Price IDR 22)^(a)		89,175		11,019



Security	Shares		Value


South Korea — 0.0%
Foosung Co. Ltd., (Expires 04/18/24, Strike Price KRW 6870)^(a)		2,414	$	2,665
Taihan Electric Wire Co. Ltd., (Expires 03/12/24)^(a)		9,373		11,544

				14,209


Total Rights — 0.0% (Cost: $—)				25,228


Total Long-Term Investments — 99.7% (Cost: $315,974,648)				360,820,479


Short-Term Securities

Money Market Funds — 3.9%
BlackRock Cash Funds: Institutional, SL Agency Shares, 5.50%^(g)(h)(i)		14,063,853		14,070,885


Total Short-Term Securities — 3.9% (Cost: $14,063,149)				14,070,885


Total Investments — 103.6% (Cost: $330,037,797)				374,891,364

Liabilities in Excess of Other Assets — (3.6)%				(12,860,455	)


Net Assets — 100.0%			$	362,030,909

^(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)	Restricted security as to resale, excluding 144A securities. The Fund held restricted securities with a current value of $246,787, representing 0.1% of its net assets as of period end, and an original cost of $142,261.

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

^(g)	Affiliate of the Fund.

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

⁽ⁱ⁾	All or a portion of this security was purchased with the cash collateral from loaned securities.

As of period end, the fair values of derivative financial instruments located in the Statements of Assets and Liabilities were as follows:

For the period ended February 29, 2024, the effect of derivative financial instruments in the Statements of Operations was as follows:

For more information about the Fund’s investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements.

The Fund may hold assets and/or liabilities in which the fair value approximates the carrying amount for financial statement purposes. As of period end, bank borrowings payable of $10,400,926 are categorized as Level 2 within the fair value hierarchy.

iShares, Inc. (the “Company”) is registered under the Investment Company Act of 1940, as amended (the “1940 Act”), as an open-end management investment company. The Company is organized as a Maryland corporation and is authorized to have multiple series or portfolios.

These consolidated financial statements relate only to the following funds (each, a “Fund” and collectively, the “Funds”):

Basis of Consolidation: The accompanying consolidated financial statements for Core MSCI Emerging Markets and MSCI Emerging Markets Small-Cap included the accounts of its subsidiary in the Republic of Mauritius, which was a wholly-owned subsidiary (each, a “Subsidiary”) of the Fund that invested in Indian securities. On April 26, 2023, each Fund filed to liquidate its Subsidiary with the Mauritius Financial Services Commission.

The financial statements are prepared in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”), which may require management to make estimates and assumptions that affect the reported amounts of assets and liabilities in the financial statements, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates. Each Fund is considered an investment company under U.S. GAAP and follows the accounting and reporting guidance applicable to investment companies. Below is a summary of significant accounting policies:

Investment Transactions and Income Recognition: For financial reporting purposes, investment transactions are recorded on the dates the transactions are executed. Realized gains and losses on investment transactions are determined using the specific identification method. Dividend income and capital gain distributions, if any, are recorded on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date at fair value. Dividends from foreign securities where the ex-dividend date may have passed are subsequently recorded when the Funds are informed of the ex-dividend date. Under the applicable foreign tax laws, a withholding tax at various rates may be imposed on capital gains, dividends and interest. Upon notification from issuers or as estimated by management, a portion of the dividend income received from a real estate investment trust may be redesignated as a reduction of cost of the related investment and/or realized gain. Interest income, including amortization and accretion of premiums and discounts on debt securities, is recognized daily on an accrual basis.

Foreign Currency Translation: Each Fund’s books and records are maintained in U.S. dollars. Securities and other assets and liabilities denominated in foreign currencies are translated into U.S. dollars using prevailing market rates as quoted by one or more data service providers. Purchases and sales of investments are recorded at the rates of exchange prevailing on the respective dates of such transactions. Generally, when the U.S. dollar rises in value against a foreign currency, the investments denominated in that currency will lose value; the opposite effect occurs if the U.S. dollar falls in relative value.

Each Fund does not isolate the effect of fluctuations in foreign exchange rates from the effect of fluctuations in the market prices of investments for financial reporting purposes. Accordingly, the effects of changes in exchange rates on investments are not segregated in the Statements of Operations from the effects of changes in market prices of those investments, but are included as a component of net realized and unrealized gain (loss) from investments. Each Fund reports realized currency gains (losses) on foreign currency related transactions as components of net realized gain (loss) for financial reporting purposes, whereas such components are generally treated as ordinary income for U.S. federal income tax purposes.

Foreign Taxes: The Funds may be subject to foreign taxes (a portion of which may be reclaimable) on income, stock dividends, capital gains on investments, or certain foreign currency transactions. All foreign taxes are recorded in accordance with the applicable foreign tax regulations and rates that exist in the foreign jurisdictions in which each Fund invests. These foreign taxes, if any, are paid by each Fund and are reflected in its Statements of Operations as follows: foreign taxes withheld at source are presented as a reduction of income, foreign taxes on securities lending income are presented as a reduction of securities lending income, foreign taxes on stock dividends are presented as “Other foreign taxes”, and foreign taxes on capital gains from sales of investments and foreign taxes on foreign currency transactions are included in their respective net realized gain (loss) categories. Foreign taxes payable or deferred as of February 29, 2024, if any, are disclosed in the Statements of Assets and Liabilities.

The Funds file withholding tax reclaims in certain jurisdictions to recover a portion of amounts previously withheld. The Funds may record a reclaim receivable based on collectability, which includes factors such as the jurisdiction’s applicable laws, payment history and market convention. The Statements of Operations includes tax reclaims recorded as well as professional and other fees, if any, associated with recovery of foreign withholding taxes.

Bank Overdraft: Certain Funds had outstanding cash disbursements exceeding deposited cash amounts at the custodian during the reporting period. The Funds are obligated to repay the custodian for any overdraft, including any related costs or expenses, where applicable. For financial reporting purposes, overdraft fees, if any, are included in interest expense in the Statements of Operations.

Collateralization: If required by an exchange or counterparty agreement, the Funds may be required to deliver/deposit cash and/or securities to/with an exchange, or broker-dealer or custodian as collateral for certain investments.

In-kind Redemptions: For financial reporting purposes, in-kind redemptions are treated as sales of securities resulting in realized capital gains or losses to the Funds. Because such gains or losses are not taxable to the Funds and are not distributed to existing Fund shareholders, the gains or losses are reclassified from accumulated net realized gain (loss) to paid-in capital at the end of the Funds’ tax year. These reclassifications have no effect on net assets or net asset value (“NAV”) per share.

Distributions: Dividends and distributions paid by each Fund are recorded on the ex-dividend dates. Distributions are determined on a tax basis and may differ from net investment income, net realized capital gains and/or return of capital for financial reporting purposes. Dividends and distributions are paid in U.S. dollars and cannot be automatically reinvested in additional shares of the Funds.

The portion of distributions that exceeds each Fund’s current and accumulated earning and profits will constitute a non-taxable return of capital. Distributions in excess of each Fund’s minimum distribution requirements, but not in excess of the Fund’s earnings and profits, will be taxable to the Fund’s shareholders and will not constitute non-taxable returns of capital. Return of capital distributions will reduce a shareholder’s cost basis and will result in higher capital gains or lower capital losses when each Fund’s shares on which distributions were received are sold. Once a shareholder’s cost basis is reduced to zero, further distributions will be treated as capital gains.

Indemnifications: In the normal course of business, each Fund enters into contracts that contain a variety of representations that provide general indemnification. The Funds’ maximum exposure under these arrangements is unknown because it involves future potential claims against the Funds, which cannot be predicted with any certainty.

Investment Valuation Policies: Each Fund’s investments are valued at fair value (also referred to as “market value” within the financial statements) each day that the Fund’s listing exchange is open and, for financial reporting purposes, as of the report date. U.S. GAAP defines fair value as the price a fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. The Board of Directors of the Company (the “Board”) of each Fund has approved the designation of BlackRock Fund Advisors (“BFA”), the Funds’ investment adviser, as the valuation designee for each Fund. Each Fund determines the fair values of its financial instruments using various independent dealers or pricing services under BFA’s policies. If a security’s market price is not readily available or does not otherwise accurately represent the fair value of the security, the security will be valued in accordance with BFA’s policies and procedures as reflecting fair value. BFA has formed a committee (the “Valuation Committee”) to develop pricing policies and procedures and to oversee the pricing function for all financial instruments, with assistance from other BlackRock pricing committees.

Fair Value Inputs and Methodologies: The following methods and inputs are used to establish the fair value of each Fund’s assets and liabilities:

Generally, trading in foreign instruments is substantially completed each day at various times prior to the close of trading on the New York Stock Exchange (“NYSE”). Each business day, the Funds use current market factors supplied by independent pricing services to value certain foreign instruments (“Systematic Fair Value Price”). The Systematic Fair Value Price is designed to value such foreign securities at fair value as of the close of trading on the NYSE, which follows the close of the local markets.

If events (e.g., market volatility, company announcement or a natural disaster) occur that are expected to materially affect the value of such investment, or in the event that application of these methods of valuation results in a price for an investment that is deemed not to be representative of the market value of such investment, or if a price is not available, the investment will be valued by the Valuation Committee, in accordance with BFA’s policies and procedures as reflecting fair value (“Fair Valued Investments”). The fair valuation approaches that may be used by the Valuation Committee include market approach, income approach and cost approach. Valuation techniques such as discounted cash flow, use of market comparables and matrix pricing are types of valuation approaches and are typically used in determining fair value. When determining the price for Fair Valued Investments, the Valuation Committee seeks to determine the price that each Fund might reasonably expect to receive or pay from the current sale or purchase of that asset or liability in an arm’s-length transaction. Fair value determinations shall be based upon all available factors that the Valuation Committee deems relevant and consistent with the principles of fair value measurement.

Fair value pricing could result in a difference between the prices used to calculate a fund’s NAV and the prices used by the fund’s underlying index, which in turn could result in a difference between the fund’s performance and the performance of the fund’s underlying index.

Fair Value Hierarchy: 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:

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 that may not have a secondary market and/or may have 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.

Securities Lending: Each Fund may lend its securities to approved borrowers, such as brokers, dealers and other financial institutions. The borrower pledges and maintains with the Fund collateral consisting of cash, an irrevocable letter of credit issued by an approved bank, or securities issued or guaranteed by the U.S. government. The initial collateral received by each Fund is required to have a value of at least 102% of the current market value of the loaned securities for securities traded on U.S. exchanges and a value of at least 105% for all other securities. The collateral is maintained thereafter at a value equal to at least 100% of the current value of the securities on loan. The market value of the loaned securities is determined at the close of each business day of the Fund and any additional required collateral is delivered to the Fund or excess collateral is returned by the Fund, on the next business day. During the term of the loan, each Fund is entitled to all distributions made on or in respect of the loaned securities but does not receive interest income on securities received as collateral. Loans of securities are terminable at any time and the borrower, after notice, is required to return borrowed securities within the standard time period for settlement of securities transactions.

As of period end, any securities on loan were collateralized by cash and/or U.S. Government obligations. Cash collateral invested in money market funds managed by BFA, or its affiliates is disclosed in the Schedule of Investments. Any non-cash collateral received cannot be sold, re-invested or pledged by the Fund, except in the event of borrower default. The securities on loan, if any, are also disclosed in each Fund’s Schedule of Investments. The market value of any securities on loan and the value of any related cash collateral are disclosed in the Statements of Assets and Liabilities.

Securities lending transactions are entered into by the Funds under Master Securities Lending Agreements (each, an “MSLA”) which provide the right, in the event of default (including bankruptcy or insolvency) for the non-defaulting party to liquidate the collateral and calculate a net exposure to the defaulting party or request additional collateral. In the event that a borrower defaults, the Funds, as lender, would offset the market value of the collateral received against the market value of the securities loaned. When the value of the collateral is greater than that of the market value of the securities loaned, the lender is left with a net amount payable to the defaulting party. However, bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against such a right of offset in the event of an MSLA counterparty’s bankruptcy or insolvency. Under the MSLA, absent an event of default, the borrower can resell or re-pledge the loaned securities, and the Funds can reinvest cash collateral received in connection with loaned securities. Upon an event of default, the parties’ obligations to return the securities or collateral to the other party are extinguished, and the parties can resell or re-pledge the loaned securities or the collateral received in connection with the loaned securities in order to satisfy the defaulting party’s net payment obligation for all transactions under the MSLA. The defaulting party remains liable for any deficiency.

As of period end, the following table is a summary of the securities on loan by counterparty which are subject to offset under an MSLA:

The risks of securities lending include the risk that the borrower may not provide additional collateral when required or may not return the securities when due. To mitigate these risks, each Fund benefits from a borrower default indemnity provided by BlackRock, Inc. (“BlackRock”). BlackRock’s indemnity allows for full replacement of the securities loaned to the extent the collateral received does not cover the value of the securities loaned in the event of borrower default. Each Fund could incur a loss if the value of an investment purchased with cash collateral falls below the market value of the loaned securities or if the value of an investment purchased with cash collateral falls below the value of the original cash collateral received. Such losses are borne entirely by each Fund.

Futures Contracts: Futures contracts are purchased or sold to gain exposure to, or manage exposure to, changes in interest rates (interest rate risk) and changes in the value of equity securities (equity risk) or foreign currencies (foreign currency exchange rate risk).

Futures contracts are exchange-traded agreements between the Funds and a counterparty to buy or sell a specific quantity of an underlying instrument at a specified price and on a specified date. Depending on the terms of a contract, it is settled either through physical delivery of the underlying instrument on the settlement date or by payment of a cash amount on the settlement date. Upon entering into a futures contract, the Funds are required to deposit initial margin with the broker in the form of cash or securities in an amount that varies depending on a contract’s size and risk profile. The initial margin deposit must then be maintained at an established level over the life of the contract Amounts pledged, which are considered restricted, are included in cash pledged for futures contracts in the Statements of Assets and Liabilities.

Securities deposited as initial margin are designated in the Schedule of Investments and cash deposited, if any, are shown as cash pledged for futures contracts in the Statements of Assets and Liabilities. Pursuant to the contract, the Funds agree to receive from or pay to the broker an amount of cash equal to the daily fluctuation in market value of the contract (“variation margin”). Variation margin is recorded as unrealized appreciation (depreciation) and, if any, shown as variation margin receivable (or payable) on futures contracts in the Statements of Assets and Liabilities. When the contract is closed, a realized gain or loss is recorded in the Statements of Operations equal to the difference between the notional amount of the contract at the time it was opened and the notional amount at the time it was closed. The use of futures contracts involves the risk of an imperfect correlation in the movements in the price of futures contracts and interest rates, foreign currency exchange rates or underlying assets.

Investment Advisory Fees: Pursuant to an Investment Advisory Agreement with the Company, BFA manages the investment of each Fund’s assets. BFA is a California corporation indirectly owned by BlackRock. Under the Investment Advisory Agreement, BFA is responsible for substantially all expenses of the Funds, except (i) interest and taxes; (ii) brokerage commissions and other expenses connected with the execution of portfolio transactions; (iii) distribution fees; (iv) the advisory fee payable to BFA; and (v) litigation expenses and any extraordinary expenses (in each case as determined by a majority of the independent directors).

For its investment advisory services to each of the following Funds, BFA is entitled to an annual investment advisory fee, accrued daily and paid monthly by the Funds, based on the average daily net assets of each Fund as follows:

For its investment advisory services to each of the iShares MSCI BIC and iShares MSCI Emerging Markets Small-Cap ETFs, BFA is entitled to an annual investment advisory fee, accrued daily and paid monthly by the Funds, based on each Fund’s allocable portion of the aggregate of the average daily net assets of the Fund and certain other iShares funds, as follows:

Expense Waivers: The total of the investment advisory fee and any fund other expenses are a fund’s total annual operating expenses. For the iShares Core MSCI Emerging Markets ETF, BFA has contractually agreed to waive a portion of its investment advisory fee through December 31, 2025 in order to limit the Fund’s total annual operating expenses after fee waiver to 0.09% of average daily net assets.

This amount is included in investment advisory fees waived in the Consolidated Statements of Operations. For the six months ended February 29, 2024, the amounts waived in investment advisory fees pursuant to this arrangement were as follows:

Distributor: BlackRock Investments, LLC, an affiliate of BFA, is the distributor for each Fund. Pursuant to the distribution agreement, BFA is responsible for any fees or expenses for distribution services provided to the Funds.

Securities Lending: The U.S. Securities and Exchange Commission (the “SEC”) has issued an exemptive order which permits BlackRock Institutional Trust Company, N.A. (“BTC”), an affiliate of BFA, to serve as securities lending agent for the Funds, subject to applicable conditions. As securities lending agent, BTC bears all operational costs directly related to securities lending, including any custodial costs. Each Fund is responsible for fees in connection with the investment of cash collateral received for securities on loan (the “collateral investment fees”). The cash collateral is invested in a money market fund, BlackRock Cash Funds: Institutional or BlackRock Cash Funds: Treasury, managed by BFA, or its affiliates. However, BTC has agreed to reduce the amount of securities lending income it receives in order to effectively limit the collateral investment fees each Fund bears to an annual rate of 0.04%. The SL Agency Shares of such money market fund will not be subject to a sales load, distribution fee or service fee. The money market fund in which the cash collateral has been invested may, under certain circumstances, impose a liquidity fee of up to 2% of the value redeemed or temporarily restrict redemptions for up to 10 business days during a 90 day period, in the event that the money market fund’s weekly liquid assets fall below certain thresholds.

Securities lending income is equal to the total of income earned from the reinvestment of cash collateral, net of fees and other payments to and from borrowers of securities, and less the collateral investment fees. Each Fund retains a portion of securities lending income and remits the remaining portion to BTC as compensation for its services as securities lending agent.

Pursuant to the current securities lending agreement, each Fund retains 82% of securities lending income (which excludes collateral investment fees), and the amount retained can never be less than 70% of the total of securities lending income plus the collateral investment fees.

In addition, commencing the business day following the date that the aggregate securities lending income plus the collateral investment fees generated across all 1940 Act iShares exchange-traded funds (the “iShares ETF Complex”) in that calendar year exceeds a specified threshold, each Fund, pursuant to the securities lending agreement, will retain for the remainder of that calendar year 85% of securities lending income (which excludes collateral investment fees), and the amount retained can never be less than 70% of the total of securities lending income plus the collateral investment fees.

The share of securities lending income earned by each Fund is shown as securities lending income – affiliated – net in its Statements of Operations. For the six months ended February 29, 2024, the Funds paid BTC the following amounts for securities lending agent services:

Officers and Directors: Certain officers and/or directors of the Company are officers and/or directors of BlackRock or its affiliates.

Other Transactions: Cross trading is the buying or selling of portfolio securities between funds to which BFA (or an affiliate) serves as investment adviser. At its regularly scheduled quarterly meetings, the Board reviews such transactions as of the most recent calendar quarter for compliance with the requirements and restrictions set forth by Rule 17a-7.

For the six months ended February 29, 2024, transactions executed by the Funds pursuant to Rule 17a-7 under the 1940 Act were as follows:

Each Fund may invest its positive cash balances in certain money market funds managed by BFA or an affiliate. The income earned on these temporary cash investments is shown as dividends – affiliated in the Statements of Operations.

A fund, in order to improve its portfolio liquidity and its ability to track its underlying index, may invest in shares of other iShares funds that invest in securities in the fund’s underlying index.

For the six months ended February 29, 2024, purchases and sales of investments, excluding short-term securities and in-kind transactions, were as follows:

For the six months ended February 29, 2024, in-kind transactions were as follows:

Each Fund is treated as an entity separate from the Company’s other funds for federal income tax purposes. It is each Fund’s policy to comply with the requirements of the Internal Revenue Code of 1986, as amended, applicable to regulated investment companies, and to distribute substantially all of its taxable income to its shareholders Therefore, no U.S. federal income tax provision is required.

Management has analyzed tax laws and regulations and their application to the Funds as of February 29, 2024, inclusive of the open tax return years, and does not believe that there are any uncertain tax positions that require recognition of a tax liability in the Funds’ financial statements.

As of August 31, 2023, the Funds had non-expiring capital loss carryforwards available to offset future realized capital gains as follows:

A fund may own shares in certain foreign investment entities, referred to, under U.S. tax law, as “passive foreign investment companies.” Such fund may elect to mark-to-market annually the shares of each passive foreign investment company and would be required to distribute to shareholders any such marked-to-market gains.

As of February 29, 2024, gross unrealized appreciation and depreciation based on cost of investments (including short positions and derivatives, if any) for U.S. federal income tax purposes were as follows:

The Funds, along with certain other iShares funds (“Participating Funds”), are parties to a $800 million credit agreement (“Syndicated Credit Agreement”) with a group of lenders, which expires on October 16, 2024. The line of credit may be used for temporary or emergency purposes, including redemptions, settlement of trades and rebalancing of portfolio holdings in certain target markets. The Funds may borrow up to the aggregate commitment amount subject to asset coverage and other limitations as specified in the Syndicated Credit Agreement. The Syndicated Credit Agreement has the following terms: a commitment fee of 0.15% per annum on the unused portion of the credit agreement and interest at a rate equal to the higher of (a) Daily Simple Secured Overnight Financing Rate (“SOFR”) plus 0.10% and 1.00% per annum or (b) the U.S. Federal Funds rate plus 1.00% per annum on amounts borrowed. The commitment fee is generally allocated to each Participating Fund based on the lesser of a Participating Fund’s relative exposure to certain target markets or a Participating Fund’s maximum borrowing amount as set forth by the terms of the Syndicated Credit Agreement.

During the six months ended February 29, 2024, the iShares MSCI BIC ETF did not borrow under the Syndicated Credit Agreement.

For the six months ended February 29, 2024, the maximum amount borrowed, the average daily borrowing and the weighted average interest rate, if any, under the Syndicated Credit Agreement were as follows:

In the normal course of business, each Fund invests in securities or other instruments and may enter into certain transactions, and such activities subject the Fund to various risks, including, among others, fluctuations in the market (market risk) or failure of an issuer to meet all of its obligations. The value of securities or other instruments may also be affected by various factors, including, without limitation: (i) the general economy; (ii) the overall market as well as local, regional or global political and/or social instability; (iii) regulation, taxation or international tax treaties between various countries; or (iv) currency, interest rate or price fluctuations. Local, regional or global events such as war, acts of terrorism, the spread of infectious illness or other public health issues, recessions, or other events could have a significant impact on the Funds and their investments. Each Fund’s prospectus provides details of the risks to which the Fund is subject.

BFA uses an indexing approach to try to achieve each Fund’s investment objective. The Fund is not actively managed, and BFA generally does not attempt to take defensive positions under any market conditions, including declining markets.

The Funds may be exposed to additional risks when reinvesting cash collateral in money market funds that do not seek to maintain a stable NAV per share of $1.00, which may be subject to redemption gates or liquidity fees under certain circumstances.

Market Risk: Investments in the securities of issuers domiciled in countries with emerging capital markets involve certain additional risks that do not generally apply to investments in securities of issuers in more developed capital markets, such as (i) low or nonexistent trading volume, resulting in a lack of liquidity and increased volatility in prices for such securities; (ii) lack of reliable settlement procedures and significant delays in registereing the transfer of securities; (iii) uncertain national policies and social, political and economic instability, increasing the potential for expropriation of assets, confiscatory taxation, high rates of inflation or unfavorable diplomatic developments; (iv) lack of publicly available or reliable information about issuers as a result of not being subject to the same degree of regulatory requirements and accounting, auditing and financial reporting standards; and (v) possible fluctuations in exchange rates, differing legal systems and the existence or possible imposition of exchange controls, custodial restrictions or other foreign or U.S. governmental laws or restrictions applicable to such investments.

Valuation Risk: The market values of equities, such as common stocks and preferred securities or equity related investments, such as futures and options, may decline due to general market conditions which are not specifically related to a particular company. They may also decline due to factors which affect a particular industry or industries. A fund may invest in illiquid investments. An illiquid investment is any investment that a fund reasonably expects cannot be sold or disposed of in current market conditions in seven calendar days or less without the sale or disposition significantly changing the market value of the investment. A fund may experience difficulty in selling illiquid investments in a timely manner at the price that it believes the investments are worth. Prices may fluctuate widely over short or extended periods in response to company, market or economic news. Markets also tend to move in cycles, with periods of rising and falling prices. This volatility may cause a fund’s NAV to experience significant increases or decreases over short periods of time. If there is a general decline in the securities and other markets, the NAV of a fund may lose value, regardless of the individual results of the securities and other instruments in which a fund invests.

The price each Fund could receive upon the sale of any particular portfolio investment may differ from each Fund’s valuation of the investment, particularly for securities that trade in thin or volatile markets or that are valued using a fair valuation technique or a price provided by an independent pricing service. Changes to significant unobservable inputs and assumptions (i.e., publicly traded company multiples, growth rate, time to exit) due to the lack of observable inputs may significantly impact the resulting fair value and therefore each Fund’s results of operations. As a result, the price received upon the sale of an investment may be less than the value ascribed by each Fund, and each Fund could realize a greater than expected loss or lesser than expected gain upon the sale of the investment. Each Fund’s ability to value its investments may also be impacted by technological issues and/or errors by pricing services or other third-party service providers.

Counterparty Credit Risk: The Funds may be exposed to counterparty credit risk, or the risk that an entity may fail to or be unable to perform on its commitments related to unsettled or open transactions, including making timely interest and/or principal payments or otherwise honoring its obligations. The Funds manage counterparty credit risk by entering into transactions only with counterparties that BFA believes have the financial resources to honor their obligations and by monitoring the financial stability of those counterparties. Financial assets, which potentially expose the Funds to market, issuer and counterparty credit risks, consist principally of financial instruments and receivables due from counterparties. The extent of the Funds’ exposure to market, issuer and counterparty credit risks with respect to these financial assets is approximately their value recorded in the Statements of Assets and Liabilities, less any collateral held by the Funds.

A derivative contract may suffer a mark-to-market loss if the value of the contract decreases due to an unfavorable change in the market rates or values of the underlying instrument. Losses can also occur if the counterparty does not perform under the contract.

With exchange-traded futures, there is less counterparty credit risk to the Funds since the exchange or clearinghouse, as counterparty to such instruments, guarantees against a possible default. The clearinghouse stands between the buyer and the seller of the contract; therefore, credit risk is limited to failure of the clearinghouse. While offset rights may exist under applicable law, a fund does not have a contractual right of offset against a clearing broker or clearinghouse in the event of a default (including the bankruptcy or insolvency). Additionally, credit risk exists in exchange-traded futures with respect to initial and variation margin that is held in a clearing broker’s customer accounts. While clearing brokers are required to segregate customer margin from their own assets, in the event that a clearing broker becomes insolvent or goes into bankruptcy and at that time there is a shortfall in the aggregate amount of margin held by the clearing broker for all its clients, typically the shortfall would be allocated on a pro rata basis across all the clearing broker’s customers, potentially resulting in losses to the Funds.

Geographic/Asset Class Risk: A diversified portfolio, where this is appropriate and consistent with a fund’s objectives, minimizes the risk that a price change of a particular investment will have a material impact on the NAV of a fund. The investment concentrations within each Fund’s portfolio are disclosed in its Schedule of Investments.

Certain Funds invest a significant portion of their assets in issuers located in a single country or a limited number of countries. When a fund concentrates its investments in this manner, it assumes the risk that economic, regulatory, political and social conditions in that country or those countries may have a significant impact on the fund and could affect the income from, or the value or liquidity of, the Fund’s portfolio. Unanticipated or sudden political or social developments may cause uncertainty in the markets and as a result adversely affect the Fund’s investments. Foreign issuers may not be subject to the same uniform accounting, auditing and financial reporting standards and practices as used in the United States. Foreign securities markets may also be more volatile and less liquid than U.S. securities and may be less subject to governmental supervision not typically associated with investing in U.S. securities. Investment percentages in specific countries are presented in the Schedule of Investments.

Certain Funds invest a significant portion of their assets in securities of issuers located in China or with significant exposure to Chinese issuers. Investments in Chinese securities, including certain Hong Kong-listed securities, involve risks specific to China. China may be subject to considerable degrees of economic, political and social instability and demonstrates significantly higher volatility from time to time in comparison to developed markets. Chinese markets generally continue to experience inefficiency, volatility and pricing anomalies resulting from governmental influence, a lack of publicly available information and/or political and social instability. Internal social unrest or confrontations with other neighboring countries may disrupt economic development in China and result in a greater risk of currency fluctuations, currency non-convertibility, interest rate fluctuations and higher rates of inflation. Incidents involving China’s or the region’s security may cause uncertainty in Chinese markets and may adversely affect the Chinese economy and a fund’s investments. Reduction in spending on Chinese products and services, supply chain diversification, institution of tariffs, sanctions or other trade barriers, or a downturn in any of the economies of China’s key trading partners may have an adverse impact on the Chinese economy. In

addition, measures may be taken to limit the flow of capital and/or sanctions may be imposed, which could prohibit or restrict the ability to own or transfer fund assets and may also include retaliatory actions, such as seizure of fund assets.

Certain Funds invest a significant portion of their assets in securities of issuers located in Asia or with significant exposure to Asian issuers or countries. The Asian financial markets have recently experienced volatility and adverse trends due to concerns in several Asian countries regarding monetary policy, government intervention in the markets, rising government debt levels or economic downturns. These events may spread to other countries in Asia and may affect the value and liquidity of certain of the Funds’ investments.

Certain Funds invest a significant portion of their assets in securities within a single or limited number of market sectors. When a fund concentrates its investments in this manner, it assumes the risk that economic, regulatory, political and social conditions affecting such sectors may have a significant impact on the fund and could affect the income from, or the value or liquidity of, the fund’s portfolio.

Significant Shareholder Redemption Risk: Certain shareholders may own or manage a substantial amount of fund shares and/or hold their fund investments for a limited period of time. Large redemptions of fund shares by these shareholders may force a fund to sell portfolio securities, which may negatively impact the fund’s NAV, increase the fund’s brokerage costs, and/or accelerate the realization of taxable income/gains and cause the fund to make additional taxable distributions to shareholders.

Capital shares are issued and redeemed by each Fund only in aggregations of a specified number of shares or multiples thereof (“Creation Units”) at NAV. Except when aggregated in Creation Units, shares of each Fund are not redeemable.

The consideration for the purchase of Creation Units of a fund in the Company generally consists of the in-kind deposit of a designated portfolio of securities and a specified amount of cash. Certain funds in the Company may be offered in Creation Units solely or partially for cash in U.S. dollars. Authorized Participants purchasing and redeeming Creation Units may pay a purchase transaction fee and a redemption transaction fee directly to State Street Bank and Trust Company, the Company’s administrator , to offset transfer and other transaction costs associated with the issuance and redemption of Creation Units, including Creation Units for cash. Authorized Participants transacting in Creation Units for cash may also pay an additional variable charge to compensate the relevant fund for certain transaction costs (i.e., stamp taxes, taxes on currency or other financial transactions, and brokerage costs) and market impact expenses relating to investing in portfolio securities. Such variable charges, if any, are included in shares sold in the table above.

From time to time, settlement of securities related to in-kind contributions or in-kind redemptions may be delayed. In such cases, securities related to in-kind transactions are reflected as a receivable or a payable in the Statements of Assets and Liabilities.

The Internal Revenue Service (“IRS”) has issued guidance to address U.S. income tax liabilities attributable to fund shareholders resulting from the recovery of foreign taxes withheld in prior calendar years. These withheld foreign taxes were passed through to shareholders in the form of foreign tax credits in the year the taxes were withheld. Assuming there are sufficient foreign taxes paid which iShares Core MSCI Emerging Markets ETF is able to pass through to shareholders as a foreign tax credit in the

current year, the Fund will be able to offset the prior years’ withholding taxes recovered against the foreign taxes paid in the current year. Accordingly, no federal income tax liability is recorded by the Fund.

Management has evaluated the impact of all subsequent events on the Funds through the date the financial statements were available to be issued and has determined that there were no subsequent events requiring adjustment or additional disclosure in the financial statements.

In compliance with Rule 22e-4 under the Investment Company Act of 1940, as amended (the “Liquidity Rule”), iShares, Inc. (the “Company”) has adopted and implemented a liquidity risk management program (the “Program”) for iShares Core MSCI Emerging Markets ETF, iShares MSCI BIC ETF, iShares MSCI Emerging Markets Asia ETF and iShares MSCI Emerging Markets Small-Cap ETF (the “Funds” or “ETFs”), each a series of the Company, which is reasonably designed to assess and manage each Fund’s liquidity risk.

The Board of Directors (the “Board”) of the Company, on behalf of the Funds, met on December 8, 2023 (the “Meeting”) to review the Program. The Board previously appointed BlackRock Fund Advisors (“BlackRock”), the investment adviser to the Funds, as the program administrator for each Fund’s Program. BlackRock also previously delegated oversight of the Program to the 40 Act Liquidity Risk Management Committee (the “Committee”). At the Meeting, the Committee, on behalf of BlackRock, provided the Board with a report that addressed the operation of the Program and assessed its adequacy and effectiveness of implementation, including the management of each Fund’s Highly Liquid Investment Minimum (“HLIM”) where applicable, and any material changes to the Program (the “Report”). The Report covered the period from October 1, 2022 through September 30, 2023 (the “Program Reporting Period”).

The Report described the Program’s liquidity classification methodology for categorizing each Fund’s investments (including derivative transactions) into one of four liquidity buckets. It also referenced the methodology used by BlackRock to establish each Fund’s HLIM and noted that the Committee reviews and ratifies the HLIM assigned to each Fund no less frequently than annually. The Report also discussed notable events affecting liquidity over the Program Reporting Period, including extended market holidays, delays in the repatriation of the local currency in certain non-U.S. countries, the continued illiquidity of Russian equity securities and the suspension of select sanctions in Venezuela.

The Report noted that the Program complied with the key factors for consideration under the Liquidity Rule for assessing, managing and periodically reviewing each Fund’s liquidity risk, as follows:

There were no material changes to the Program during the Program Reporting Period other than the enhancement of certain model components in the Program’s classification methodology. The Report provided to the Board stated that the Committee concluded that based on the operation of the functions, as described in the Report, the Program is operating as intended and is effective in implementing the requirements of the Liquidity Rule.

The amounts and sources of distributions reported are estimates and are being provided pursuant to regulatory requirements and are not being provided for tax reporting purposes. The actual amounts and sources for tax reporting purposes will depend upon each Fund’s investment experience during the year and may be subject to changes based on tax regulations. Shareholders will receive a Form 1099-DIV each calendar year that will inform them how to report these distributions for federal income tax purposes.

Effective January 24, 2023, the SEC adopted rule and form amendments to require open-end mutual funds and ETFs to transmit concise and visually engaging streamlined annual and semiannual reports to shareholders that highlight key information. Other information, including financial statements, will no longer appear in a streamlined shareholder report but must be available online, delivered free of charge upon request, and filed on a semiannual basis on Form N-CSR. The rule and form amendments have a compliance date of July 24, 2024. At this time, management is evaluating the impact of these amendments on the shareholder reports for the Funds.

Shareholders can sign up for e-mail notifications announcing that the shareholder report or prospectus has been posted on the iShares website at iShares.com. Once you have enrolled, you will no longer receive prospectuses and shareholder reports in the mail.

Householding is an option available to certain fund investors. Householding is a method of delivery, based on the preference of the individual investor, in which a single copy of certain shareholder documents and Rule 30e-3 notices can be delivered to investors who share the same address, even if their accounts are registered under different names. Please contact your broker-dealer if you are interested in enrolling in householding and receiving a single copy of prospectuses and other shareholder documents, or if you are currently enrolled in householding and wish to change your householding status.

The Funds file their complete schedule of portfolio holdings with the SEC for the first and third quarters of each fiscal year as an exhibit to their reports on Form N-PORT. The Funds’ Forms N-PORT are available on the SEC’s website at sec.gov. Additionally, each Fund makes its portfolio holdings for the first and third quarters of each fiscal year available at iShares.com/fundreports.

A description of the policies and procedures that the iShares Funds use to determine how to vote proxies relating to portfolio securities and information about how the iShares Funds voted proxies relating to portfolio securities during the most recent twelve-month period ending June 30 is available without charge, upon request (1) by calling toll-free 1-800-474-2737; (2) on the iShares website at iShares.com; and (3) on the SEC website at sec.gov.

A description of the Company’s policies and procedures with respect to the disclosure of the Fund’s portfolio securities is available in the Fund Prospectus. The Fund discloses its portfolio holdings daily and provides information regarding its top holdings in Fund fact sheets at iShares.com.

This report is intended for the Funds’ shareholders. It may not be distributed to prospective investors unless it is preceded or accompanied by the current prospectus.

The iShares Funds are distributed by BlackRock Investments, LLC (together with its affiliates, “BlackRock”).

The iShares Funds are not sponsored, endorsed, issued, sold or promoted by MSCI Inc., nor does this company make any representation regarding the advisability of investing in the iShares Funds. BlackRock is not affiliated with the company listed above.


				Average Annual Total Returns									Cumulative Total Returns

	6-Month Total Returns			1 Year			5 Years			10 Years			1 Year			5 Years			10 Years

Fund NAV		5.08	%		10.04	%		2.53	%		3.23	%		10.04	%		13.30	%		37.41	%
Fund Market		4.67			9.52			2.50			3.23			9.52			13.17			37.42
Index		5.33			10.44			2.73			3.30			10.44			14.39			38.34


Actual					Hypothetical 5% Return

	Beginning Account Value (09/01/23)	Ending Account Value (02/29/24)	Expenses Paid During the Period	^(a)		Beginning Account Value (09/01/23)	Ending Account Value (02/29/24)	Expenses Paid During the Period	^(a)	Annualized Expense Ratio

$	1,000.00	$ 1,050.80	$ 0.46			$ 1,000.00	$ 1,024.40	$ 0.45		0.09	%



Sector	Percent of Total Investments^(a)

Information Technology		21.9%
Financials		21.1
Consumer Discretionary		12.5
Industrials		8.5
Materials		7.9
Communication Services		7.7
Consumer Staples		5.8
Energy		5.0
Health Care		4.5
Utilities		2.9
Real Estate		2.2


				Average Annual Total Returns									Cumulative Total Returns

	6-Month Total Returns			1 Year			5 Years			10 Years			1 Year			5 Years			10 Years

Fund NAV		0.02	%		1.87	%		(2.37	)%		1.67	%		1.87	%		(11.29	)%		18.01	%
Fund Market		(0.99	)		1.73			(2.45	)		1.71			1.73			(11.68	)		18.46
Index		1.38			3.70			(1.61	)		2.31			3.70			(7.79	)		25.70


Actual					Hypothetical 5% Return

	Beginning Account Value (09/01/23)	Ending Account Value (02/29/24)	Expenses Paid During the Period	^(a)		Beginning Account Value (09/01/23)	Ending Account Value (02/29/24)	Expenses Paid During the Period	^(a)	Annualized Expense Ratio

$	1,000.00	$ 1,000.20	$ 3.58			$ 1,000.00	$ 1,021.30	$ 3.62		0.72	%


2		T H I S P A G E I S N O T P A R T O F Y O U R F U N D R E P O R T


	Page


The Markets in Review		2
Semi-Annual Report:
Fund Summary		4
About Fund Performance		8
Disclosure of Expenses		8
Schedules of Investments		9
Financial Statements
Statements of Assets and Liabilities		74
Statements of Operations		75
Statements of Changes in Net Assets		76
Financial Highlights		78
Notes to Financial Statements		82
Statement Regarding Liquidity Risk Management Program		93
Supplemental Information		94
General Information		95
Glossary of Terms Used in this Report		96


Fund Summary as of February 29, 2024		iShares^® Core MSCI Emerging Markets ETF


4		2 0 2 4 I S H A R E S S E M I - A N N U A L R E P O R T T O S H A R E H O L D E R S


Fund Summary as of February 29, 2024		iShares^® MSCI BIC ETF


Fund Summary as of February 29, 2024		iShares^® MSCI Emerging Markets Asia ETF


Fund Summary as of February 29, 2024		iShares^® MSCI Emerging Markets Small-Cap ETF




Affiliated Issuer	Value at 08/31/23		Purchases at Cost			Proceeds from Sale			Net Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)		Value at 02/29/24		Shares Held at 02/29/24		Income			Capital Gain Distributions from Underlying Funds


BlackRock Cash Funds: In-stitutional, SL Agency Shares	$	3,362,199,335	$	—		$	(365,557,563	)^(a)	$	216,172	$	350,902	$	2,997,208,846		2,995,710,990	$	36,274,865	^(b)	$	—
BlackRock Cash Funds: Treasury, SL Agency Shares		74,110,000		113,210,000	^(a)		—			—		—		187,320,000		187,320,000		6,528,718			—


									$	216,172	$	350,902	$	3,184,528,846			$	42,803,583		$	—




	Commodity Contracts		Credit Contracts		Equity Contracts		Foreign Currency Exchange Contracts		Interest Rate Contracts		Other Contracts		Total


Assets — Derivative Financial Instruments
Futures contracts
Unrealized appreciation on futures contracts^(a)	$	—	$	—	$	1,411,196	$	—	$	—	$	—	$	1,411,196




Futures contracts:
Average notional value of contracts — long	$	203,299,140




	Level 1		Level 2		Level 3		Total


Assets
Investments
Long-Term Investments
Common Stocks	$	11,924,725,692	$	60,858,910,709	$	8,417,435	$	72,792,053,836
Preferred Stocks		1,127,779,996		498,039,037		6,445		1,625,825,478
Rights		—		1,296,598		—		1,296,598
Short-Term Securities
Money Market Funds		3,184,528,846		—		—		3,184,528,846


	$	16,237,034,534	$	61,358,246,344	$	8,423,880	$	77,603,704,758


Derivative Financial Instruments^(a)
Assets
Equity Contracts	$	1,411,196	$	—	$	—	$	1,411,196




Affiliated Issuer	Value at 08/31/23		Purchases at Cost			Proceeds from Sale			Net Realized Gain (Loss)			Change in Unrealized Appreciation (Depreciation)		Value at 02/29/24		Shares Held at 02/29/24		Income			Capital Gain Distributions from Underlying Funds


BlackRock Cash Funds: Institutional, SL Agency Shares	$	1,086,148	$	—		$	(255,243	)^(a)	$	(212	)	$	78	$	830,771		830,356	$	5,895	^(b)	$	—
BlackRock Cash Funds: Treasury, SL Agency Shares		330,000		310,000	^(a)		—			—			—		640,000		640,000		23,531			—


									$	(212	)	$	78	$	1,470,771			$	29,426		$	—




Description	Number of Contracts		Expiration Date		Notional Amount (000)		Value/ Unrealized Appreciation (Depreciation)


Long Contracts
MSCI China Index		2		03/15/24	$	40	$	(1,215	)
MSCI Emerging Markets Index		1		03/15/24		51		(147	)


							$	(1,362	)




	Commodity Contracts		Credit Contracts		Equity Contracts		Foreign Currency Exchange Contracts		Interest Rate Contracts		Other Contracts		Total


Liabilities — Derivative Financial Instruments
Futures contracts
Unrealized depreciation on futures contracts^(a)	$	—	$	—	$	1,362	$	—	$	—	$	—	$	1,362




Futures contracts:
Average notional value of contracts — long	$	127,588




Description	Number of Contracts		Expiration Date		Notional Amount (000)		Value/ Unrealized Appreciation (Depreciation)


Long Contracts
MSCI China Index		7		03/15/24	$	142	$	(130	)
MSCI Emerging Markets Index		19		03/15/24		966		12,248

							$	12,118




Futures contracts:
Average notional value of contracts — long	$	1,063,169




Futures contracts:
Average notional value of contracts — long	$	177,940


	iShares Core MSCI Emerging Markets ETF			iShares MSCI BIC ETF				iShares MSCI Emerging Markets Asia ETF				iShares MSCI Emerging Markets Small-Cap ETF


ASSETS
Investments, at value — unaffiliated^(a)(b)	$	74,419,175,912			$	69,376,919			$	410,202,322		$	360,820,479
Investments, at value — affiliated^(c)		3,184,528,846				1,470,771				4,448,171			14,070,885
Cash		275,407,933				475,188				1,660,563			8,541,777
Cash pledged for futures contracts		8,277,000				2,000				19,000			36,000
Foreign currency, at value^(d)		170,731,011				492,979				2,496,742			504,215
Receivables:
Investments sold		481,120,040				568,856				2,402,659			21,549,613
Securities lending income — affiliated		4,699,618				606				2,197			45,993
Loans		—				—				—			5,200,000
Dividends — unaffiliated		138,170,805				105,429				582,410			684,115
Dividends — affiliated		1,671,614				4,435				12,750			11,328
Tax reclaims		764,743				—				—			14,606
Variation margin on futures contracts		51,108				—				—			1,234


Total assets		78,684,598,630				72,497,183				421,826,814			411,480,245


LIABILITIES
Bank borrowings		—				—				—			10,400,926
Collateral on securities loaned, at value		2,997,029,825				830,888				2,950,743			14,068,802
Payables:
Investments purchased		563,150,285				964,185				4,003,794			22,069,599
Deferred foreign capital gain tax		374,371,316				1,136,749				3,062,550			2,702,479
Foreign taxes		994,242				3,750				—			3,273
Investment advisory fees		5,130,185				39,050				157,379			204,257
Professional fees		242,190				—				—			—
Variation margin on futures contracts		—				479				3,165			—


Total liabilities		3,940,918,043				2,975,101				10,177,631			49,449,336


Commitments and contingent liabilities

NET ASSETS	$	74,743,680,587			$	69,522,082			$	411,649,183		$	362,030,909


NET ASSETS CONSIST OF
Paid-in capital	$	78,885,610,031			$	322,932,981			$	543,447,527		$	336,547,597
Accumulated earnings (loss)		(4,141,929,444	)			(253,410,899	)			(131,798,344	)		25,483,312


NET ASSETS	$	74,743,680,587			$	69,522,082			$	411,649,183		$	362,030,909


NET ASSET VALUE
Shares outstanding		1,477,800,000				2,050,000				6,200,000			6,200,000


Net asset value	$	50.58			$	33.91			$	66.40		$	58.39


Shares authorized		15 billion				500 million				500 million			500 million


Par value	$	0.001			$	0.001			$	0.001		$	0.001


^(a)Investments, at cost — unaffiliated	$	67,995,651,796			$	92,375,582			$	400,828,534		$	315,974,648
^(b)Securities loaned, at value	$	2,807,810,207			$	765,855			$	2,498,086		$	12,749,201
^(c)Investments, at cost — affiliated	$	3,182,975,557			$	1,470,411			$	4,445,329		$	14,063,149
^(d)Foreign currency, at cost	$	171,495,302			$	493,103			$	2,497,517		$	516,416


	iShares Core MSCI Emerging Markets ETF						iShares MSCI BIC ETF


	Six Months Ended						Six Months Ended
		02/29/24			Year Ended	^(a)		02/29/24					Year Ended
	(unaudited)			08/31/23					(unaudited)			08/31/23


INCREASE (DECREASE) IN NET ASSETS

OPERATIONS
Net investment income	$	560,263,651		$	1,889,943,041				$	247,754		$	1,403,185
Net realized gain (loss)		(759,849,192	)		339,899,724					(2,420,691	)		(11,178,976	)
Net change in unrealized appreciation (depreciation)		3,785,279,328			(144,518,923	)				2,159,227			7,015,413


Net increase (decrease) in net assets resulting from operations		3,585,693,787			2,085,323,842					(13,710	)		(2,760,378	)


DISTRIBUTIONS TO SHAREHOLDERS^(b)
Decrease in net assets resulting from distributions to shareholders		(1,415,120,113	)		(1,577,225,963	)				(664,095	)^(c)		(1,466,684	)


CAPITAL SHARE TRANSACTIONS
Net increase (decrease) in net assets derived from capital share transactions		1,361,333,521			5,471,592,469					—			(15,553,387	)


NET ASSETS
Total increase (decrease) in net assets		3,531,907,195			5,979,690,348					(677,805	)		(19,780,449	)
Beginning of period		71,211,773,392			65,232,083,044					70,199,887			89,980,336


End of period	$	74,743,680,587		$	71,211,773,392				$	69,522,082		$	70,199,887


	iShares MSCI Emerging Markets Asia ETF						iShares MSCI Emerging Markets Small-Cap ETF


	Six Months Ended								Six Months Ended
		02/29/24			Year Ended			02/29/24					Year Ended	^(a)
	(unaudited)			08/31/23					(unaudited)			08/31/23


INCREASE (DECREASE) IN NET ASSETS

OPERATIONS
Net investment income	$	1,602,181		$	9,398,020				$	1,457,075		$	8,372,097
Net realized gain (loss)		(11,850,765	)		(63,641,649	)				2,704,638			7,121,698
Net change in unrealized appreciation (depreciation)		22,603,507			45,884,457					18,678,616			34,787,933


Net increase (decrease) in net assets resulting from operations		12,354,923			(8,359,172	)				22,840,329			50,281,728


DISTRIBUTIONS TO SHAREHOLDERS^(b)
Decrease in net assets resulting from distributions to shareholders		(7,498,490	)^(c)		(8,905,772	)				(7,351,098	)		(5,397,487	)


CAPITAL SHARE TRANSACTIONS
Net increase (decrease) in net assets derived from capital share transactions		(121,958,657	)		(25,364,343	)				28,074,204			(62,550,583	)


NET ASSETS
Total increase (decrease) in net assets		(117,102,224	)		(42,629,287	)				43,563,435			(17,666,342	)
Beginning of period		528,751,407			571,380,694					318,467,474			336,133,816


End of period	$	411,649,183		$	528,751,407				$	362,030,909		$	318,467,474


	iShares Core MSCI Emerging Markets ETF


	Six Months Ended
	02/29/24					Year Ended			Year Ended			Year Ended			Year Ended			Year Ended
		(unaudited)					08/31/23	^(a)		08/31/22	^(a)		08/31/21	^(a)		08/31/20	^(a)		08/31/19	^(a)


Net asset value, beginning of period			$	49.10		$	48.75		$	64.18		$	53.34		$	48.31		$	52.27


Net investment income^(b)				0.38			1.35			1.67			1.33			1.46			1.40
Net realized and unrealized gain (loss)^(c)				2.08			0.14			(15.13	)		10.70			5.21			(4.01	)


Net increase (decrease) from investment operations				2.46			1.49			(13.46	)		12.03			6.67			(2.61	)


Distributions from net investment income^(d)				(0.98	)		(1.14	)		(1.97	)		(1.19	)		(1.64	)		(1.35	)


Net asset value, end of period			$	50.58		$	49.10		$	48.75		$	64.18		$	53.34		$	48.31


Total Return^(e)
Based on net asset value				5.08	%^(f)		3.13	%		(21.40	)%		22.67	%		13.97	%		(4.93	)%^(g)


Ratios to Average Net Assets^(h)
Total expenses				0.09	%⁽ⁱ⁾		0.10	%		0.10	%		0.12	%		0.14	%		0.14	%


Total expenses after fees waived				0.09	%⁽ⁱ⁾		0.09	%		0.10	%		0.12	%		0.14	%		0.14	%


Total expenses excluding professional fees for foreign withholding tax claims				0.09	%⁽ⁱ⁾		N/A			0.10	%		0.11	%		0.14	%		0.14	%


Net investment income				1.58	%⁽ⁱ⁾		2.81	%		2.97	%		2.12	%		2.97	%		2.79	%


Supplemental Data
Net assets, end of period (000)			$	74,743,681		$	71,211,773		$	65,232,083		$	80,599,322		$	54,628,381		$	53,020,298


Portfolio turnover rate^(j)				2	%		21	%		7	%		9	%		15	%		15	%


	iShares MSCI BIC ETF


	Six Months Ended
	02/29/24					Year Ended				Year Ended				Year Ended				Year Ended				Year Ended
		(unaudited)						08/31/23				08/31/22				08/31/21	^(a)			08/31/20	^(a)			08/31/19	^(a)


Net asset value, beginning of period			$	34.24			$	35.99			$	50.27			$	47.46			$	40.23			$	41.01


Net investment income^(b)				0.12				0.62				0.91				0.62				0.55				0.69
Net realized and unrealized gain (loss)^(c)				(0.13	)			(1.72	)			(13.74	)			2.74				7.34				(0.59	)


Net increase (decrease) from investment operations				(0.01	)			(1.10	)			(12.83	)			3.36				7.89				0.10


Distributions from net investment income^(d)				(0.32	)^(e)			(0.65	)			(1.45	)			(0.55	)			(0.66	)			(0.88	)


Net asset value, end of period			$	33.91			$	34.24			$	35.99			$	50.27			$	47.46			$	40.23


Total Return^(f)
Based on net asset value				0.02	%^(g)			(3.05	)%			(26.03	)%			7.09	%			19.78	%			0.35	%


Ratios to Average Net Assets^(h)
Total expenses				0.72	%⁽ⁱ⁾			0.70	%			0.69	%			0.70	%			0.70	%			0.69	%


Net investment income				0.72	%⁽ⁱ⁾			1.80	%			2.15	%			1.20	%			1.29	%			1.69	%


Supplemental Data
Net assets, end of period (000)			$	69,522			$	70,200			$	89,980			$	158,342			$	147,123			$	160,926


Portfolio turnover rate^(j)				4	%			9	%			12	%			80	%			42	%			53	%


	iShares MSCI Emerging Markets Asia ETF


	Six Months Ended
	02/29/24					Year Ended				Year Ended				Year Ended				Year Ended				Year Ended
		(unaudited)						08/31/23				08/31/22				08/31/21	^(a)			08/31/20	^(a)			08/31/19	^(a)


Net asset value, beginning of period			$	65.28			$	66.44			$	88.19			$	75.48			$	62.82			$	69.38


Net investment income^(b)				0.24				1.16				1.25				1.28				1.12				1.26
Net realized and unrealized gain (loss)^(c)				2.05				(1.22	)			(20.98	)			12.32				12.79				(6.52	)


Net increase (decrease) from investment operations				2.29				(0.06	)			(19.73	)			13.60				13.91				(5.26	)


Distributions from net investment income^(d)				(1.17	)^(e)			(1.10	)			(2.02	)			(0.89	)			(1.25	)			(1.30	)


Net asset value, end of period			$	66.40			$	65.28			$	66.44			$	88.19			$	75.48			$	62.82


Total Return^(f)
Based on net asset value				3.59	%^(g)			(0.08	)%			(22.77	)%			18.11	%			22.31	%			(7.52	)%


Ratios to Average Net Assets^(h)
Total expenses				0.49	%⁽ⁱ⁾			0.49	%			0.49	%			0.50	%			0.50	%			0.50	%


Net investment income				0.75	%⁽ⁱ⁾			1.79	%			1.62	%			1.46	%			1.68	%			1.94	%


Supplemental Data
Net assets, end of period (000)			$	411,649			$	528,751			$	571,381			$	881,929			$	558,558			$	452,328


Portfolio turnover rate^(j)				3	%			31	%			24	%			48	%			20	%			16	%


	iShares MSCI Emerging Markets Small-Cap ETF


	Six Months Ended
	02/29/24					Year Ended				Year Ended				Year Ended				Year Ended				Year Ended
		(unaudited)						08/31/23	^(a)			08/31/22	^(a)			08/31/21	^(a)			08/31/20	^(a)			08/31/19	^(a)


Net asset value, beginning of period			$	55.87			$	50.17			$	62.28			$	44.74			$	41.51			$	47.64


Net investment income^(b)				0.24				1.17				1.24				0.96				0.85				0.99
Net realized and unrealized gain (loss)^(c)				3.51				5.26				(11.56	)			17.81				3.52				(5.98	)


Net increase (decrease) from investment operations				3.75				6.43				(10.32	)			18.77				4.37				(4.99	)


Distributions from net investment income^(d)				(1.23	)			(0.73	)			(1.79	)			(1.23	)			(1.14	)			(1.14	)


Net asset value, end of period			$	58.39			$	55.87			$	50.17			$	62.28			$	44.74			$	41.51


Total Return^(e)
Based on net asset value				6.80	%^(f)			12.99	%			(17.00	)%			42.38	%			10.68	%			(10.50	)%


Ratios to Average Net Assets^(g)
Total expenses				0.73	%^(h)			0.71	%			0.70	%			0.69	%			0.71	%			0.69	%


Net investment income				0.86	%^(h)			2.30	%			2.20	%			1.72	%			2.07	%			2.25	%


Supplemental Data
Net assets, end of period (000)			$	362,031			$	318,467			$	336,134			$	417,274			$	212,511			$	238,702


Portfolio turnover rate⁽ⁱ⁾				15	%			43	%			53	%			34	%			46	%			29	%



iShares ETF		Diversification Classification

Core MSCI Emerging Markets		Diversified
MSCI BIC		Diversified
MSCI Emerging Markets Asia		Diversified
MSCI Emerging Markets Small-Cap		Diversified




iShares ETF and Counterparty		Securities Loaned at Value		Cash Collateral Received	^(a)		Non-Cash Collateral Received, at Fair Value	^(a)		Net Amount


Core MSCI Emerging Markets
Barclays Bank PLC	$	11,510,777	$	(11,510,777	)	$	—		$	—
Barclays Capital, Inc.		52,153,158		(52,153,158	)		—			—
BNP Paribas SA		37,549,637		(37,549,637	)		—			—
BofA Securities, Inc.		291,984,228		(291,984,228	)		—			—
Citigroup Global Markets Ltd.		86,007,137		(86,007,137	)		—			—
Citigroup Global Markets, Inc.		52,261,622		(52,261,622	)		—			—
Credit Suisse Securities (USA) LLC		562		(562	)		—			—
Goldman Sachs & Co. LLC		234,352,985		(234,352,985	)		—			—
Goldman Sachs International		418,117,179		(418,117,179	)		—			—
HSBC Bank PLC		961,144		(961,144	)		—			—
J.P. Morgan Securities LLC		124,226,261		(124,226,261	)		—			—
J.P. Morgan Securities PLC		422,644,607		(422,644,607	)		—			—
Jefferies LLC		691,929		(691,929	)		—			—
Macquarie Bank Ltd.		4,483,545		(4,483,545	)		—			—
Mizuho Securities USA LLC		25,089		(25,089	)		—			—
Morgan Stanley		1,025,180,179		(1,025,180,179	)		—			—
Nomura Securities International, Inc.		324,311		(324,311	)		—			—
SG Americas Securities LLC		871,428		(871,428	)		—			—
State Street Bank & Trust Co.		1,294,592		(1,294,592	)		—			—
Toronto-Dominion Bank (The)		31,850		(31,850	)		—			—
UBS AG		10,427,921		(10,427,921	)		—			—
UBS Europe SE		31,969,466		(31,969,466	)		—			—
UBS Securities LLC		589,548		(589,548	)		—			—
Wells Fargo Bank N.A.		151,052		(151,052	)		—			—


	$	2,807,810,207	$	(2,807,810,207	)	$	—		$	—


MSCI BIC
BofA Securities, Inc.	$	81,664	$	(81,664	)	$	—		$	—
Morgan Stanley		684,191		(684,191	)		—			—


	$	765,855	$	(765,855	)	$	—		$	—


MSCI Emerging Markets Asia
BNP Paribas SA	$	585,919	$	(585,427	)	$	—		$	492	^(b)
BofA Securities, Inc.		575,947		(575,947	)		—			—
Goldman Sachs & Co. LLC		24,806		(24,806	)		—			—
HSBC Bank PLC		18,883		(18,883	)		—			—
J.P. Morgan Securities LLC		1,138		(1,138	)		—			—
Morgan Stanley		1,212,495		(1,212,495	)		—			—
State Street Bank & Trust Co.		9,921		(9,921	)		—			—
UBS AG		68,977		(68,977	)		—			—


	$	2,498,086	$	(2,497,594	)	$	—		$	492




iShares ETF and Counterparty		Securities Loaned at Value		Cash Collateral Received	^(a)		Non-Cash Collateral Received, at Fair Value	^(a)		Net Amount


MSCI Emerging Markets Small-Cap
Barclays Bank PLC	$	66,220	$	(66,220	)	$	—		$	—
Barclays Capital, Inc.		766,994		(766,994	)		—			—
BNP Paribas SA		381,401		(381,401	)		—			—
BofA Securities, Inc.		4,003,027		(4,003,027	)		—			—
Citigroup Global Markets Ltd.		49,257		(49,257	)		—			—
Citigroup Global Markets, Inc.		249,255		(249,255	)		—			—
Goldman Sachs & Co. LLC		1,082,792		(1,082,792	)		—			—
HSBC Bank PLC		946,666		(946,666	)		—			—
J.P. Morgan Securities LLC		1,276,834		(1,276,834	)		—			—
Jefferies LLC		137,174		(137,174	)		—			—
Macquarie Bank Ltd.		10,721		(10,721	)		—			—
Mizuho Securities USA LLC		9,757		(9,757	)		—			—
Morgan Stanley		3,031,097		(3,031,097	)		—			—
Morgan Stanley		—		—			—			—
SG Americas Securities LLC		103,698		(103,698	)		—			—
State Street Bank & Trust Co.		69,752		(69,752	)		—			—
UBS AG		564,556		(564,556	)		—			—


	$	12,749,201	$	(12,749,201	)	$	—		$	—



iShares ETF	Investment Advisory Fees

Core MSCI Emerging Markets		0.09%
MSCI Emerging Markets Asia		0.49



Aggregate Average Daily Net Assets	Investment Advisory Fees

First $14 billion		0.75%
Over $14 billion, up to and including $28 billion		0.68
Over $28 billion, up to and including $42 billion		0.61
Over $42 billion, up to and including $56 billion		0.54
Over $56 billion, up to and including $70 billion		0.47
Over $70 billion, up to and including $84 billion		0.41
Over $84 billion		0.35