|
FEBRUARY 29, 2024 |
|
2024 Semi-Annual Report (Unaudited)
|
iShares, Inc.
· iShares Core MSCI Emerging Markets ETF | IEMG | NYSE Arca
· iShares MSCI BIC ETF | BKF | NYSE Arca
· iShares MSCI Emerging Markets Asia ETF | EEMA | NASDAQ
· iShares MSCI Emerging Markets Small-Cap ETF | EEMS | NYSE Arca
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.
Rob Kapito
President, BlackRock Inc.
Rob Kapito
President, BlackRock Inc.
Total Returns as of February 29, 2024
|
||||||||
6-Month
|
12-Month
|
|||||||
U.S.
large cap equities |
13.93% | 30.45% | ||||||
U.S. small cap equities (Russell 2000® Index) |
8.97 | 10.05 | ||||||
International
equities |
9.23 | 14.41 | ||||||
Emerging
market equities |
4.93 | 8.73 | ||||||
3-month
Treasury bills |
2.69 | 5.22 | ||||||
U.S.
Treasury securities (ICE BofA 10-Year |
0.58 | 0.69 | ||||||
U.S.
investment grade bonds |
2.35 | 3.33 | ||||||
Tax-exempt
municipal bonds |
4.33 | 5.42 | ||||||
U.S.
high yield bonds |
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. |
|
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 | ||||
|
||||
2 | ||||
Semi-Annual Report: |
||||
4 | ||||
8 | ||||
8 | ||||
9 | ||||
Financial Statements |
||||
74 | ||||
75 | ||||
76 | ||||
78 | ||||
82 | ||||
93 | ||||
94 | ||||
95 | ||||
96 |
Fund Summary as of February 29, 2024 | iShares® Core MSCI Emerging Markets ETF |
Investment Objective
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.
Performance
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 |
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.
Expense Example
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 | % |
(a) |
Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 182/366 (to reflect the one-half year period shown). Other fees, such as brokerage commissions and other fees to financial intermediaries, may be paid which are not reflected in the tables and examples above. See “Disclosure of Expenses” for more information. |
Portfolio Information
SECTOR ALLOCATION
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 |
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 |
(a) |
Excludes money market funds. |
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 |
Investment Objective
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.
Performance
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 |
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.
Expense Example
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 | % |
(a) |
Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 182/366 (to reflect the one-half year period shown). Other fees, such as brokerage commissions and other fees to financial intermediaries, may be paid which are not reflected in the tables and examples above. See “Disclosure of Expenses” for more information. |
Portfolio Information
SECTOR ALLOCATION
Sector |
Percent of Total Investments(a) |
|||
Financials |
21.0% | |||
Consumer Discretionary |
20.5 | |||
Communication Services |
11.4 | |||
Energy |
8.6 | |||
Information Technology |
7.8 | |||
Industrials |
6.9 | |||
Consumer Staples |
6.5 | |||
Materials |
6.5 | |||
Health Care |
4.9 | |||
Utilities |
4.3 | |||
Real Estate |
1.6 |
GEOGRAPHIC ALLOCATION
Country/Geographic Region |
Percent of Total Investments(a) |
|||
China |
51.9% | |||
India |
36.8 | |||
Brazil |
11.3 | |||
Russia |
0.0 | |||
Kazakhstan |
0.0 |
(a) |
Excludes money market funds. |
F U N D S U M M A R Y |
5 |
Fund Summary as of February 29, 2024 | iShares® MSCI Emerging Markets Asia ETF |
Investment Objective
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.
Performance
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 |
3.59 | % | 5.79 | % | 1.90 | % | 3.78 | % | 5.79 | % | 9.88 | % | 44.98 | % | ||||||||||||||||||
Fund Market |
2.70 | 4.91 | 1.78 | 3.71 | 4.91 | 9.20 | 43.96 | |||||||||||||||||||||||||
Index |
4.28 | 6.87 | 2.61 | 4.35 | 6.87 | 13.77 | 53.04 |
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.
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.
Expense Example
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 | $ 1,035.90 | $ 2.48 | $ 1,000.00 | $ 1,022.40 | $ 2.46 | 0.49 | % |
(a) |
Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 182/366 (to reflect the one-half year period shown). Other fees, such as brokerage commissions and other fees to financial intermediaries, may be paid which are not reflected in the tables and examples above. See “Disclosure of Expenses” for more information. |
Portfolio Information
SECTOR ALLOCATION
Sector |
Percent of Total Investments(a) |
|||
Information Technology |
28.7% | |||
Financials |
18.1 | |||
Consumer Discretionary |
14.9 | |||
Communication Services |
8.9 | |||
Industrials |
7.2 | |||
Materials |
5.2 | |||
Consumer Staples |
4.8 | |||
Energy |
4.4 | |||
Health Care |
4.1 | |||
Utilities |
2.4 | |||
Real Estate |
1.3 |
GEOGRAPHIC ALLOCATION
Country/Geographic Region |
Percent of Total Investments(a) |
|||
China |
32.4% | |||
India |
22.9 | |||
Taiwan |
21.5 | |||
South Korea |
16.0 | |||
Indonesia |
2.5 | |||
Thailand |
2.0 | |||
Malaysia |
1.8 | |||
Philippines |
0.9 |
(a) |
Excludes money market funds. |
6 |
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 Emerging Markets Small-Cap ETF |
Investment Objective
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.
Performance
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 |
6.80 | % | 19.99 | % | 8.05 | % | 4.77 | % | 19.99 | % | 47.25 | % | 59.34 | % | ||||||||||||||||||
Fund Market |
6.44 | 20.13 | 8.07 | 4.80 | 20.13 | 47.42 | 59.74 | |||||||||||||||||||||||||
Index |
7.75 | 21.59 | 8.70 | 5.30 | 21.59 | 51.77 | 67.59 |
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.
Expense Example
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 | $ 1,068.00 | $ 3.75 | $ 1,000.00 | $ 1,021.20 | $ 3.67 | 0.73 | % |
(a) |
Expenses are equal to the annualized expense ratio, multiplied by the average account value over the period, multiplied by 182/366 (to reflect the one-half year period shown). Other fees, such as brokerage commissions and other fees to financial intermediaries, may be paid which are not reflected in the tables and examples above. See “Disclosure of Expenses” for more information. |
Portfolio Information
SECTOR ALLOCATION
Sector |
Percent of Total Investments(a) |
|||
Information Technology |
17.7% | |||
Industrials |
17.3 | |||
Materials |
12.1 | |||
Consumer Discretionary |
11.7 | |||
Financials |
10.8 | |||
Health Care |
9.3 | |||
Consumer Staples |
6.2 | |||
Real Estate |
6.0 | |||
Communication Services |
3.8 | |||
Utilities |
3.2 | |||
Energy |
1.9 |
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 |
(a) |
Excludes money market funds. |
F U N D S U M M A R Y |
7 |
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.
8 |
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 |
Schedule of Investments (unaudited) February 29, 2024 |
iShares® Core MSCI Emerging Markets ETF (Percentages shown are based on Net Assets) |
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 |
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 |
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 |
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 |
S C H E D U L E O F I N V E S T M E N T S |
9 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® Core MSCI Emerging Markets ETF (Percentages shown are based on Net Assets) |
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 |
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 |
10 |
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 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® Core MSCI Emerging Markets ETF (Percentages shown are based on Net Assets) |
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 |
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., |
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 |
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 |
S C H E D U L E O F I N V E S T M E N T S |
11 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® Core MSCI Emerging Markets ETF (Percentages shown are based on Net Assets) |
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. |
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 |
12 |
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 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® Core MSCI Emerging Markets ETF (Percentages shown are based on Net Assets) |
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 |
S C H E D U L E O F I N V E S T M E N T S |
13 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® Core MSCI Emerging Markets ETF (Percentages shown are based on Net Assets) |
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. |
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 |
14 |
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 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® Core MSCI Emerging Markets ETF (Percentages shown are based on Net Assets) |
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., |
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., |
932,503 | 4,541,410 | ||||||
Shanghai International Port Group Co. Ltd., Class A |
8,482,770 | 6,390,411 |
S C H E D U L E O F I N V E S T M E N T S |
15 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® Core MSCI Emerging Markets ETF (Percentages shown are based on Net Assets) |
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., |
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 |
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 |
16 |
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 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® Core MSCI Emerging Markets ETF (Percentages shown are based on Net Assets) |
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., |
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. |
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 |
S C H E D U L E O F I N V E S T M E N T S |
17 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® Core MSCI Emerging Markets ETF (Percentages shown are based on Net Assets) |
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 |
18 |
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 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® Core MSCI Emerging Markets ETF (Percentages shown are based on Net Assets) |
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 |
S C H E D U L E O F I N V E S T M E N T S |
19 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® Core MSCI Emerging Markets ETF (Percentages shown are based on Net Assets) |
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 |
20 |
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 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® Core MSCI Emerging Markets ETF (Percentages shown are based on Net Assets) |
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. |
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 |
S C H E D U L E O F I N V E S T M E N T S |
21 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® Core MSCI Emerging Markets ETF (Percentages shown are based on Net Assets) |
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 | ||||||
|
|
22 |
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 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® Core MSCI Emerging Markets ETF (Percentages shown are based on Net Assets) |
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 |
S C H E D U L E O F I N V E S T M E N T S |
23 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® Core MSCI Emerging Markets ETF (Percentages shown are based on Net Assets) |
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 |
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 |
24 |
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 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® Core MSCI Emerging Markets ETF (Percentages shown are based on Net Assets) |
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 |
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 |
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 |
S C H E D U L E O F I N V E S T M E N T S |
25 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® Core MSCI Emerging Markets ETF (Percentages shown are based on Net Assets) |
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 |
26 |
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 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® Core MSCI Emerging Markets ETF (Percentages shown are based on Net Assets) |
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. |
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 |
S C H E D U L E O F I N V E S T M E N T S |
27 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® Core MSCI Emerging Markets ETF (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
South Korea (continued) | ||||||||
Hyundai Elevator Co. Ltd.(a)(c) |
265,073 | $ | 7,946,185 | |||||
Hyundai
Engineering & Construction |
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 |
149,729 | 7,983,365 | ||||||
KEPCO
Plant Service & Engineering |
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 |
28 |
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 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® Core MSCI Emerging Markets ETF (Percentages shown are based on Net Assets) |
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 |
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 |
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 |
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 |
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 |
S C H E D U L E O F I N V E S T M E N T S |
29 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® Core MSCI Emerging Markets ETF (Percentages shown are based on Net Assets) |
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 |
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 |
30 |
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 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® Core MSCI Emerging Markets ETF (Percentages shown are based on Net Assets) |
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 |
S C H E D U L E O F I N V E S T M E N T S |
31 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® Core MSCI Emerging Markets ETF (Percentages shown are based on Net Assets) |
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. |
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 |
32 |
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 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® Core MSCI Emerging Markets ETF (Percentages shown are based on Net Assets) |
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 |
S C H E D U L E O F I N V E S T M E N T S |
33 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® Core MSCI Emerging Markets ETF (Percentages shown are based on Net Assets) |
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 |
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 |
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% |
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 |
34 |
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 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® Core MSCI Emerging Markets ETF (Percentages shown are based on Net Assets) |
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 |
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% |
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), |
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., |
306,948 | 378,038 | ||||||
|
|
|||||||
1,093,325 | ||||||||
|
|
|||||||
Total
Rights — 0.0% |
1,296,598 | |||||||
|
|
|||||||
Total
Long-Term Investments — 99.6% |
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% |
3,184,528,846 | |||||||
|
|
|||||||
Total
Investments — 103.8% |
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. |
S C H E D U L E O F I N V E S T M E N T S |
35 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® Core MSCI Emerging Markets ETF |
Affiliates
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:
|
||||||||||||||||||||||||||||||||||||||||||
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 | $ | — | |||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
(a) |
Represents net amount purchased (sold). |
(b) |
All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of fees and collateral investment expenses, and other payments to and from borrowers of securities. |
Derivative Financial Instruments Outstanding as of Period End
Futures Contracts
|
||||||||||||||||
Description |
Number of Contracts |
Expiration Date |
Notional Amount (000) |
Value/ Unrealized Appreciation (Depreciation) |
||||||||||||
|
||||||||||||||||
Long Contracts |
||||||||||||||||
MSCI Emerging Markets Index |
5,093 | 03/15/24 | $ | 258,928 | $ | 1,411,196 | ||||||||||
|
|
Derivative Financial Instruments Categorized by Risk Exposure
As of period end, the fair values of derivative financial instruments located in the Statements of Assets and Liabilities were as follows:
|
||||||||||||||||||||||||||||
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 | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(a) |
Net cumulative unrealized appreciation (depreciation) on futures contracts are reported in the Schedule of Investments. In the Statements of Assets and Liabilities, only current day’s variation margin is reported in receivables or payables and the net cumulative unrealized appreciation (depreciation) is included in accumulated earnings (loss). |
For the period ended February 29, 2024, the effect of derivative financial instruments in the Statements of Operations was as follows:
|
||||||||||||||||||||||||||||
Commodity Contracts |
Credit Contracts |
Equity Contracts |
Foreign Currency Exchange Contracts |
Interest Rate Contracts |
Other Contracts |
Total | ||||||||||||||||||||||
|
||||||||||||||||||||||||||||
Net Realized Gain (Loss) from |
||||||||||||||||||||||||||||
Futures contracts |
$ | — | $ | — | $ | (2,847,626 | ) | $ | — | $ | — | $ | — | $ | (2,847,626 | ) | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||
Net Change in Unrealized Appreciation (Depreciation) on |
||||||||||||||||||||||||||||
Futures contracts |
$ | — | $ | — | $ | 4,068,433 | $ | — | $ | — | $ | — | $ | 4,068,433 | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
36 |
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 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® Core MSCI Emerging Markets ETF |
Average Quarterly Balances of Outstanding Derivative Financial Instruments
|
||||
Futures contracts: |
||||
Average notional value of contracts — long |
$ | 203,299,140 | ||
|
For more information about the Fund’s investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements.
Fair Value Hierarchy as of Period End
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.
|
||||||||||||||||
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 | ||||||||
|
|
|
|
|
|
|
|
(a) |
Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument. |
See notes to financial statements.
S C H E D U L E O F I N V E S T M E N T S |
37 |
Schedule of Investments (unaudited) February 29, 2024 |
iShares® MSCI BIC ETF (Percentages shown are based on Net Assets) |
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., |
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 |
38 |
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 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® MSCI BIC ETF (Percentages shown are based on Net Assets) |
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 |
S C H E D U L E O F I N V E S T M E N T S |
39 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® MSCI BIC ETF (Percentages shown are based on Net Assets) |
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., |
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., |
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 |
40 |
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 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® MSCI BIC ETF (Percentages shown are based on Net Assets) |
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., |
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., |
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., |
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., |
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., |
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 |
S C H E D U L E O F I N V E S T M E N T S |
41 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® MSCI BIC ETF (Percentages shown are based on Net Assets) |
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., |
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., |
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., |
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 |
42 |
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 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® MSCI BIC ETF (Percentages shown are based on Net Assets) |
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% |
|
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 |
S C H E D U L E O F I N V E S T M E N T S |
43 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® MSCI BIC ETF (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
|
||||||||
Russia — 0.0% | ||||||||
Surgutneftegas PJSC, Preference Shares, NVS(a)(d) |
193,800 | $ | 21 | |||||
|
|
|||||||
Total
Preferred Stocks — 3.2% |
|
2,231,116 | ||||||
|
|
|||||||
Rights |
| |||||||
China — 0.0% | ||||||||
Kangmei
Pharmaceutical Co. Ltd., |
2,278 | — | ||||||
|
|
|||||||
Total
Rights — 0.0% |
|
— | ||||||
|
|
|||||||
Total
Long-Term Investments — 99.8% |
|
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% |
|
1,470,771 | ||||||
|
|
|||||||
Total
Investments — 101.9% |
|
70,847,690 | ||||||
Liabilities in Excess of Other Assets — (1.9)% |
|
(1,325,608 | ) | |||||
|
|
|||||||
Net Assets — 100.0% |
|
$ | 69,522,082 | |||||
|
|
(a) |
Non-income producing security. |
(b) |
Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors. |
(c) |
All or a portion of this security is on loan. |
(d) |
Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. |
(e) |
This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933. |
(f) |
Affiliate of the Fund. |
(g) |
Annualized 7-day yield as of period end. |
(h) |
All or a portion of this security was purchased with the cash collateral from loaned securities. |
Affiliates
Investments in issuers considered to be affiliate(s) of the Fund during the 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:
|
||||||||||||||||||||||||||||||||||||
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 |
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 | $ | — | ||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
(a) |
Represents net amount purchased (sold). |
(b) |
All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of fees and collateral investment expenses, and other payments to and from borrowers of securities. |
44 |
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 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® MSCI BIC ETF |
Derivative Financial Instruments Outstanding as of Period End
Futures Contracts
|
||||||||||||||||
Description | Number of Contracts |
Expiration Date |
Notional Amount (000) |
Value/ Unrealized Appreciation (Depreciation) |
||||||||||||
|
||||||||||||||||
Long Contracts |
||||||||||||||||
MSCI China Index |
2 | 03/15/24 | $ | 40 | $ | (1,215 | ) | |||||||||
MSCI Emerging Markets Index |
1 | 03/15/24 | 51 | (147 | ) | |||||||||||
|
|
|||||||||||||||
$ | (1,362 | ) | ||||||||||||||
|
|
Derivative Financial Instruments Categorized by Risk Exposure
As of period end, the fair values of derivative financial instruments located in the Statements of Assets and Liabilities were as follows:
|
||||||||||||||||||||||||||||
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 | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(a) |
Net cumulative unrealized appreciation (depreciation) on futures contracts are reported in the Schedule of Investments. In the Statements of Assets and Liabilities, only current day’s variation margin is reported in receivables or payables and the net cumulative unrealized appreciation (depreciation) is included in accumulated earnings (loss). |
For the period ended February 29, 2024, the effect of derivative financial instruments in the Statements of Operations was as follows:
|
||||||||||||||||||||||||||||
Commodity Contracts |
Credit Contracts |
Equity Contracts |
Foreign Currency Exchange Contracts |
Interest Rate Contracts |
Other Contracts |
Total | ||||||||||||||||||||||
|
||||||||||||||||||||||||||||
Net Realized Gain (Loss) from |
||||||||||||||||||||||||||||
Futures contracts |
$ | — | $ | — | $ | (14,063 | ) | $ | — | $ | — | $ | — | $ | (14,063 | ) | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||
Net Change in Unrealized Appreciation (Depreciation) on |
||||||||||||||||||||||||||||
Futures contracts |
$ | — | $ | — | $ | 86 | $ | — | $ | — | $ | — | $ | 86 | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Average Quarterly Balances of Outstanding Derivative Financial Instruments
|
||||
Futures contracts: |
||||
Average notional value of contracts — long |
$ | 127,588 | ||
|
For more information about the Fund’s investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements.
Fair Value Hierarchy as of Period End
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.
|
||||||||||||||||
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
|
||||||||||||||||
Assets |
||||||||||||||||
Investments |
||||||||||||||||
Long-Term Investments |
||||||||||||||||
Common Stocks |
$ | 9,588,003 | $ | 57,557,520 | $ | 280 | $ | 67,145,803 | ||||||||
Preferred Stocks |
2,231,095 | — | 21 | 2,231,116 | ||||||||||||
Rights |
— | — | — | — | ||||||||||||
Short-Term Securities |
||||||||||||||||
Money Market Funds |
1,470,771 | — | — | 1,470,771 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
$ | 13,289,869 | $ | 57,557,520 | $ | 301 | $ | 70,847,690 | |||||||||
|
|
|
|
|
|
|
|
S C H E D U L E O F I N V E S T M E N T S |
45 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® MSCI BIC ETF |
Fair Value Hierarchy as of Period End (continued)
|
||||||||||||||||
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
|
||||||||||||||||
Derivative Financial Instruments(a) |
||||||||||||||||
Liabilities |
||||||||||||||||
Equity Contracts |
$ | (147 | ) | $ | (1,215 | ) | $ | — | $ | (1,362 | ) | |||||
|
|
|
|
|
|
|
|
(a) |
Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument. |
See notes to financial statements.
46 |
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 |
Schedule of Investments (unaudited) February 29, 2024 |
iShares® MSCI Emerging Markets Asia ETF (Percentages shown are based on Net Assets) |
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., |
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., |
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., |
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., |
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 |
S C H E D U L E O F I N V E S T M E N T S |
47 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® MSCI Emerging Markets Asia ETF (Percentages shown are based on Net Assets) |
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 |
48 |
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 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® MSCI Emerging Markets Asia ETF (Percentages shown are based on Net Assets) |
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 |
S C H E D U L E O F I N V E S T M E N T S |
49 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® MSCI Emerging Markets Asia ETF (Percentages shown are based on Net Assets) |
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., |
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., |
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., |
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 |
50 |
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 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® MSCI Emerging Markets Asia ETF (Percentages shown are based on Net Assets) |
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., |
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., |
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., |
93,000 | 69,430 | ||||||
Zheshang Securities Co. Ltd., Class A |
25,200 | 35,793 | ||||||
ZhongAn
Online P&C Insurance Co. Ltd., |
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 |
S C H E D U L E O F I N V E S T M E N T S |
51 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® MSCI Emerging Markets Asia ETF (Percentages shown are based on Net Assets) |
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 |
52 |
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 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® MSCI Emerging Markets Asia ETF (Percentages shown are based on Net Assets) |
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 |
S C H E D U L E O F I N V E S T M E N T S |
53 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® MSCI Emerging Markets Asia ETF (Percentages shown are based on Net Assets) |
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 |
54 |
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 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® MSCI Emerging Markets Asia ETF (Percentages shown are based on Net Assets) |
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% |
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% |
3,626,558 | |||||||
|
|
|||||||
Rights |
||||||||
China — 0.0% | ||||||||
Kangmei
Pharmaceutical Co. Ltd., |
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% |
5,488 | |||||||
|
|
|||||||
Total
Long-Term Investments — 99.6% |
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% |
4,448,171 | |||||||
|
|
|||||||
Total
Investments — 100.7% |
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. |
S C H E D U L E O F I N V E S T M E N T S |
55 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® MSCI Emerging Markets Asia ETF |
Affiliates
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:
|
||||||||||||||||||||||||||||||||||||
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 |
$ | 5,293,612 | $ | — | $ | (2,345,811 | )(a) | $ | (72 | ) | $ | 442 | $ | 2,948,171 | 2,946,697 | $ | 32,145 | (b) | $ | — | ||||||||||||||||
BlackRock Cash Funds: Treasury, SL Agency Shares |
— | 1,500,000 | (a) | — | — | — | 1,500,000 | 1,500,000 | 70,845 | — | ||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||||
$ | (72 | ) | $ | 442 | $ | 4,448,171 | $ | 102,990 | $ | — | ||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
(a) |
Represents net amount purchased (sold). |
(b) |
All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of fees and collateral investment expenses, and other payments to and from borrowers of securities. |
Derivative Financial Instruments Outstanding as of Period End
Futures Contracts
|
||||||||||||||||
Description |
Number of Contracts |
Expiration Date |
Notional Amount (000) |
Value/ Unrealized Appreciation (Depreciation) |
||||||||||||
|
||||||||||||||||
Long Contracts |
||||||||||||||||
MSCI China Index |
7 | 03/15/24 | $ | 142 | $ | (130 | ) | |||||||||
MSCI Emerging Markets Index |
19 | 03/15/24 | 966 | 12,248 | ||||||||||||
|
|
|||||||||||||||
$ | 12,118 | |||||||||||||||
|
|
Derivative Financial Instruments Categorized by Risk Exposure
As of period end, the fair values of derivative financial instruments located in the Statements of Assets and Liabilities were as follows:
|
||||||||||||||||||||||||||||
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) |
$ | — | $ | — | $ | 12,248 | $ | — | $ | — | $ | — | $ | 12,248 | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||
Liabilities — Derivative Financial Instruments |
||||||||||||||||||||||||||||
Futures contracts |
||||||||||||||||||||||||||||
Unrealized depreciation on futures contracts(a) |
$ | — | $ | — | $ | 130 | $ | — | $ | — | $ | — | $ | 130 | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(a) |
Net cumulative unrealized appreciation (depreciation) on futures contracts are reported in the Schedule of Investments. In the Statements of Assets and Liabilities, only current day’s variation margin is reported in receivables or payables and the net cumulative unrealized appreciation (depreciation) is included in accumulated earnings (loss). |
For the period ended February 29, 2024, the effect of derivative financial instruments in the Statements of Operations was as follows:
|
||||||||||||||||||||||||||||
Commodity Contracts |
Credit Contracts |
Equity Contracts |
Foreign Currency Exchange Contracts |
Interest Rate Contracts |
Other Contracts |
Total | ||||||||||||||||||||||
|
||||||||||||||||||||||||||||
Net Realized Gain (Loss) from |
||||||||||||||||||||||||||||
Futures contracts |
$ | — | $ | — | $ | (44,841 | ) | $ | — | $ | — | $ | — | $ | (44,841 | ) | ||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||
Net Change in Unrealized Appreciation (Depreciation) on |
||||||||||||||||||||||||||||
Futures contracts |
$ | — | $ | — | $ | 26,344 | $ | — | $ | — | $ | — | $ | 26,344 | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
56 |
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 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® MSCI Emerging Markets Asia ETF |
Average Quarterly Balances of Outstanding Derivative Financial Instruments
|
||||
Futures contracts: |
||||
Average notional value of contracts — long |
$ | 1,063,169 | ||
|
For more information about the Fund’s investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements.
Fair Value Hierarchy as of Period End
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.
|
||||||||||||||||
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
|
||||||||||||||||
Assets |
||||||||||||||||
Investments |
||||||||||||||||
Long-Term Investments |
||||||||||||||||
Common Stocks |
$ | 18,172,443 | $ | 388,397,833 | $ | — | $ | 406,570,276 | ||||||||
Preferred Stocks |
— | 3,626,558 | — | 3,626,558 | ||||||||||||
Rights |
— | 5,488 | — | 5,488 | ||||||||||||
Short-Term Securities |
||||||||||||||||
Money Market Funds |
4,448,171 | — | — | 4,448,171 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
$ | 22,620,614 | $ | 392,029,879 | $ | — | $ | 414,650,493 | |||||||||
|
|
|
|
|
|
|
|
|||||||||
Derivative Financial Instruments(a) |
||||||||||||||||
Assets |
||||||||||||||||
Equity Contracts |
$ | 12,248 | $ | — | $ | — | $ | 12,248 | ||||||||
Liabilities |
||||||||||||||||
Equity Contracts |
— | (130 | ) | — | (130 | ) | ||||||||||
|
|
|
|
|
|
|
|
|||||||||
$ | 12,248 | $ | (130 | ) | $ | — | 12,118 | |||||||||
|
|
|
|
|
|
|
|
(a) |
Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument. |
See notes to financial statements.
S C H E D U L E O F I N V E S T M E N T S |
57 |
Schedule of Investments (unaudited) February 29, 2024 |
iShares® MSCI Emerging Markets Small-Cap ETF (Percentages shown are based on Net Assets) |
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., |
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., |
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., |
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 |
58 |
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 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® MSCI Emerging Markets Small-Cap ETF (Percentages shown are based on Net Assets) |
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., |
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. |
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 |
S C H E D U L E O F I N V E S T M E N T S |
59 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® MSCI Emerging Markets Small-Cap ETF (Percentages shown are based on Net Assets) |
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 |
60 |
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 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® MSCI Emerging Markets Small-Cap ETF (Percentages shown are based on Net Assets) |
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 |
S C H E D U L E O F I N V E S T M E N T S |
61 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® MSCI Emerging Markets Small-Cap ETF (Percentages shown are based on Net Assets) |
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 |
62 |
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 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® MSCI Emerging Markets Small-Cap ETF (Percentages shown are based on Net Assets) |
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 |
S C H E D U L E O F I N V E S T M E N T S |
63 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® MSCI Emerging Markets Small-Cap ETF (Percentages shown are based on Net Assets) |
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 |
64 |
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 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® MSCI Emerging Markets Small-Cap ETF (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
|
||||||||
Poland (continued) | ||||||||
Grupa Kety SA |
2,852 | $ | 503,687 | |||||
Jastrzebska
Spolka Weglowa SA, |
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 |
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 |
S C H E D U L E O F I N V E S T M E N T S |
65 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® MSCI Emerging Markets Small-Cap ETF (Percentages shown are based on Net Assets) |
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 |
66 |
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 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® MSCI Emerging Markets Small-Cap ETF (Percentages shown are based on Net Assets) |
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 |
S C H E D U L E O F I N V E S T M E N T S |
67 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® MSCI Emerging Markets Small-Cap ETF (Percentages shown are based on Net Assets) |
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 |
68 |
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 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® MSCI Emerging Markets Small-Cap ETF (Percentages shown are based on Net Assets) |
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 |
S C H E D U L E O F I N V E S T M E N T S |
69 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® MSCI Emerging Markets Small-Cap ETF (Percentages shown are based on Net Assets) |
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 |
70 |
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 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® MSCI Emerging Markets Small-Cap ETF (Percentages shown are based on Net Assets) |
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% |
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% |
3,020,466 | |||||||
|
|
|||||||
Rights |
||||||||
India — 0.0% | ||||||||
South
Indian Bank Ltd. (The), |
89,175 | 11,019 | ||||||
|
|
S C H E D U L E O F I N V E S T M E N T S |
71 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® MSCI Emerging Markets Small-Cap ETF (Percentages shown are based on Net Assets) |
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% |
|
25,228 | ||||||
|
|
|||||||
Total
Long-Term Investments — 99.7% |
|
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% |
|
14,070,885 | ||||||
|
|
|||||||
Total
Investments — 103.6% |
|
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. |
Affiliates
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:
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 |
|||||||||||||||||||||||||||||||
BlackRock Cash Funds: Institutional, SL Agency Shares |
$ | 19,798,508 | $ | — | $ | (5,731,179 | )(a) | $ | 3,773 | $ | (217 | ) | $ | 14,070,885 | 14,063,853 | $ | 422,507 | (b) | $ | — | ||||||||||||||||||||
BlackRock Cash Funds: Treasury, SL Agency Shares(c) |
— | — | 0 | (a) | — | — | — | — | 45,202 | — | ||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|||||||||||||||||||||||||||||||
$ | 3,773 | $ | (217 | ) | $ | 14,070,885 | $ | 467,709 | $ | — | ||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
(a) |
Represents net amount purchased (sold). |
(b) |
All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of fees and collateral investment expenses, and other payments to and from borrowers of securities. |
(c) |
As of period end, the entity is no longer held. |
Derivative Financial Instruments Outstanding as of Period End
Futures Contracts
Description |
Number of Contracts |
Expiration Date |
Notional Amount (000) |
Value/ Unrealized Appreciation (Depreciation) |
||||||||||||
Long Contracts |
||||||||||||||||
MSCI Emerging Markets Index |
7 | 03/15/24 | $ | 356 | $ | 612 | ||||||||||
|
|
72 |
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 |
Schedule of Investments (unaudited) (continued) February 29, 2024 |
iShares® MSCI Emerging Markets Small-Cap ETF
|
Derivative Financial Instruments Categorized by Risk Exposure
As of period end, the fair values of derivative financial instruments located in the Statements of Assets and Liabilities were as follows:
|
||||||||||||||||||||||||||||
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) |
$ | — | $ | — | $ | 612 | $ | — | $ | — | $ | — | $ | 612 | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(a) |
Net cumulative unrealized appreciation (depreciation) on futures contracts are reported in the Schedule of Investments. In the Statements of Assets and Liabilities, only current day’s variation margin is reported in receivables or payables and the net cumulative unrealized appreciation (depreciation) is included in accumulated earnings (loss). |
For the period ended February 29, 2024, the effect of derivative financial instruments in the Statements of Operations was as follows:
|
||||||||||||||||||||||||||||
Commodity Contracts |
Credit Contracts |
Equity Contracts |
Foreign Currency Exchange Contracts |
Interest Rate Contracts |
Other Contracts |
Total | ||||||||||||||||||||||
|
||||||||||||||||||||||||||||
Net Realized Gain (Loss) from |
||||||||||||||||||||||||||||
Futures contracts |
$ | — | $ | — | $ | 83,805 | $ | — | $ | — | $ | — | $ | 83,805 | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|||||||||||||||
Net Change in Unrealized Appreciation (Depreciation) on |
||||||||||||||||||||||||||||
Futures contracts |
$ | — | $ | — | $ | 612 | $ | — | $ | — | $ | — | $ | 612 | ||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Average Quarterly Balances of Outstanding Derivative Financial Instruments
|
||||
Futures contracts: |
||||
Average notional value of contracts — long |
$ | 177,940 | ||
|
For more information about the Fund’s investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements.
Fair Value Hierarchy as of Period End
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.
|
||||||||||||||||
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
|
||||||||||||||||
Assets |
||||||||||||||||
Investments |
||||||||||||||||
Long-Term Investments |
||||||||||||||||
Common Stocks |
$ | 78,048,289 | $ | 279,447,657 | $ | 278,839 | $ | 357,774,785 | ||||||||
Preferred Stocks |
3,020,466 | — | — | 3,020,466 | ||||||||||||
Rights |
— | 25,228 | — | 25,228 | ||||||||||||
Short-Term Securities |
||||||||||||||||
Money Market Funds |
14,070,885 | — | — | 14,070,885 | ||||||||||||
|
|
|
|
|
|
|
|
|||||||||
$ | 95,139,640 | $ | 279,472,885 | $ | 278,839 | $ | 374,891,364 | |||||||||
|
|
|
|
|
|
|
|
|||||||||
Derivative Financial Instruments(a) |
||||||||||||||||
Assets |
||||||||||||||||
Equity Contracts |
$ | 612 | $ | — | $ | — | $ | 612 | ||||||||
|
|
|
|
|
|
|
|
(a) |
Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument. |
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.
See notes to financial statements.
S C H E D U L E O F I N V E S T M E N T S |
73 |
Statements of Assets and Liabilities (unaudited)
February 29, 2024
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 |
See notes to financial statements.
74 |
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 |
Statements of Operations (unaudited)
Six Months Ended February 29, 2024
iShares Core MSCI Emerging Markets ETF |
iShares MSCI BIC ETF |
iShares MSCI Emerging Markets Asia ETF |
iShares MSCI Emerging Markets Small-Cap ETF |
|||||||||||||||||||||||||
|
||||||||||||||||||||||||||||
INVESTMENT INCOME |
||||||||||||||||||||||||||||
Dividends — unaffiliated |
$ | 618,653,282 | $ | 512,886 | $ | 2,967,058 | $ | 2,536,728 | ||||||||||||||||||||
Dividends — affiliated |
6,528,718 | 23,531 | 70,845 | 45,202 | ||||||||||||||||||||||||
Interest — unaffiliated |
375,767 | 575 | 3,785 | 4,845 | ||||||||||||||||||||||||
Securities lending income — affiliated — net(a) |
36,274,865 | 5,895 | 32,145 | 422,507 | ||||||||||||||||||||||||
Other income — unaffiliated |
3,459,078 | — | — | — | ||||||||||||||||||||||||
Foreign taxes withheld |
(73,366,350 | ) | (48,112 | ) | (406,330 | ) | (303,751 | ) | ||||||||||||||||||||
Foreign withholding tax claims |
253,609 | — | — | — | ||||||||||||||||||||||||
Other foreign taxes |
— | — | (7,148 | ) | (13,530 | ) | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|||||||||||||||||||||
Total investment income |
592,178,969 | 494,775 | 2,660,355 | 2,692,001 | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|||||||||||||||||||||
EXPENSES |
||||||||||||||||||||||||||||
Investment advisory |
31,915,318 | 246,455 | 1,049,798 | 1,216,856 | ||||||||||||||||||||||||
Interest expense |
497,021 | — | 4,854 | 15,282 | ||||||||||||||||||||||||
Professional |
270,103 | — | — | — | ||||||||||||||||||||||||
Commitment costs |
19,473 | 566 | 3,522 | 2,788 | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|||||||||||||||||||||
Total expenses |
32,701,915 | 247,021 | 1,058,174 | 1,234,926 | ||||||||||||||||||||||||
Less: |
||||||||||||||||||||||||||||
Investment advisory fees waived |
(786,597 | ) | — | — | — | |||||||||||||||||||||||
|
|
|
|
|
|
|
|
|||||||||||||||||||||
Total expenses after fees waived |
31,915,318 | 247,021 | 1,058,174 | 1,234,926 | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|||||||||||||||||||||
Net investment income |
560,263,651 | 247,754 | 1,602,181 | 1,457,075 | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|||||||||||||||||||||
REALIZED AND UNREALIZED GAIN (LOSS) |
||||||||||||||||||||||||||||
Net realized gain (loss) from: |
||||||||||||||||||||||||||||
Investments — unaffiliated(b) |
(774,356,912 | ) | (2,402,537 | ) | (8,258,216 | ) | 2,671,819 | |||||||||||||||||||||
Investments — affiliated |
216,172 | (212 | ) | (72 | ) | 3,773 | ||||||||||||||||||||||
Foreign currency transactions |
(2,044,188 | ) | (3,879 | ) | (43,105 | ) | (54,759 | ) | ||||||||||||||||||||
Futures contracts |
(2,847,626 | ) | (14,063 | ) | (44,841 | ) | 83,805 | |||||||||||||||||||||
In-kind redemptions — unaffiliated(c) |
19,183,362 | — | (3,504,531 | ) | — | |||||||||||||||||||||||
|
|
|
|
|
|
|
|
|||||||||||||||||||||
(759,849,192 | ) | (2,420,691 | ) | (11,850,765 | ) | 2,704,638 | ||||||||||||||||||||||
|
|
|
|
|
|
|
|
|||||||||||||||||||||
Net change in unrealized appreciation (depreciation) on: |
||||||||||||||||||||||||||||
Investments — unaffiliated(d) |
3,784,099,266 | 2,159,436 | 22,584,642 | 18,697,828 | ||||||||||||||||||||||||
Investments — affiliated |
350,902 | 78 | 442 | (217 | ) | |||||||||||||||||||||||
Foreign currency translations |
(3,239,273 | ) | (373 | ) | (7,921 | ) | (19,607 | ) | ||||||||||||||||||||
Futures contracts |
4,068,433 | 86 | 26,344 | 612 | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|||||||||||||||||||||
3,785,279,328 | 2,159,227 | 22,603,507 | 18,678,616 | |||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|||||||||||||||||||||
Net realized and unrealized gain (loss) |
3,025,430,136 | (261,464 | ) | 10,752,742 | 21,383,254 | |||||||||||||||||||||||
|
|
|
|
|
|
|
|
|||||||||||||||||||||
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS |
$ | 3,585,693,787 | $ | (13,710 | ) | $ | 12,354,923 | $ | 22,840,329 | |||||||||||||||||||
|
|
|
|
|
|
|
|
|||||||||||||||||||||
(a) Net of securities lending income tax paid of |
$ | 3,684,387 | $ | — | $ | — | $ | — | ||||||||||||||||||||
(b) Net of foreign capital gain tax and capital gain tax refund, if applicable of |
$ | (125,921 | ) | $ | (30,921 | ) | $ | (784,670 | ) | $ | (842,972 | ) | ||||||||||||||||
(c) See Note 2 of the Notes to Financial Statements |
||||||||||||||||||||||||||||
(d) Net of increase in deferred foreign capital gain tax of |
$ | (210,874,838 | ) | $ | (427,244 | ) | $ | (996,029 | ) | $ | (897,388 | ) |
See notes to financial statements.
F I N A N C I A L S T A T E M E N T S |
75 |
Statements of Changes in Net Assets
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 | ||||||||||||||||||||
|
|
|
|
|
|
|
|
(a) |
Consolidated Statement of Changes in Net Assets. |
(b) |
Distributions for annual periods determined in accordance with U.S. federal income tax regulations. |
(c) |
A portion of the distributions from net investment income may be deemed a return of capital or net realized gain at fiscal year-end. |
See notes to financial statements.
76 |
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 |
Statements of Changes in Net Assets (continued)
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 | ||||||||||||||||||||
|
|
|
|
|
|
|
|
(a) |
Consolidated Statement of Changes in Net Assets. |
(b) |
Distributions for annual periods determined in accordance with U.S. federal income tax regulations. |
(c) |
A portion of the distributions from net investment income may be deemed a return of capital or net realized gain at fiscal year-end. |
See notes to financial statements.
F I N A N C I A L S T A T E M E N T S |
77 |
(For a share outstanding throughout each period)
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 | % | ||||||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
(a) |
Consolidated Financial Highlights. |
(b) |
Based on average shares outstanding. |
(c) |
The amounts reported for a share outstanding may not accord with the change in aggregate gains and losses in securities for the fiscal period due to the timing of capital share transactions in relation to the fluctuating market values of the Fund’s underlying securities. |
(d) |
Distributions for annual periods determined in accordance with U.S. federal income tax regulations. |
(e) |
Where applicable, assumes the reinvestment of distributions. |
(f) |
Not annualized. |
(g) |
Reflects the one-time, positive effect of foreign withholding tax claims, net of the associated professional fees, which resulted in the following increases for the year ended August 31, 2019: |
• |
Total return by 0.01%. |
(h) |
Excludes fees and expenses incurred indirectly as a result of investments in underlying funds. |
(i) |
Annualized. |
(j) |
Portfolio turnover rate excludes in-kind transactions, if any. |
See notes to financial statements.
78 |
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 |
Financial Highlights (continued)
(For a share outstanding throughout each period)
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 | % | ||||||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
(a) |
Consolidated Financial Highlights. |
(b) |
Based on average shares outstanding. |
(c) |
The amounts reported for a share outstanding may not accord with the change in aggregate gains and losses in securities for the fiscal period due to the timing of capital share transactions in relation to the fluctuating market values of the Fund’s underlying securities. |
(d) |
Distributions for annual periods determined in accordance with U.S. federal income tax regulations. |
(e) |
A portion of the distributions from net investment income may be deemed a return of capital or net realized gain at fiscal year-end. |
(f) |
Where applicable, assumes the reinvestment of distributions. |
(g) |
Not annualized. |
(h) |
Excludes fees and expenses incurred indirectly as a result of investments in underlying funds. |
(i) |
Annualized. |
(j) |
Portfolio turnover rate excludes in-kind transactions, if any. |
See notes to financial statements.
F I N A N C I A L H I G H L I G H T S |
79 |
Financial Highlights (continued)
(For a share outstanding throughout each period)
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 | % | ||||||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
(a) |
Consolidated Financial Highlights. |
(b) |
Based on average shares outstanding. |
(c) |
The amounts reported for a share outstanding may not accord with the change in aggregate gains and losses in securities for the fiscal period due to the timing of capital share transactions in relation to the fluctuating market values of the Fund’s underlying securities. |
(d) |
Distributions for annual periods determined in accordance with U.S. federal income tax regulations. |
(e) |
A portion of the distributions from net investment income may be deemed a return of capital or net realized gain at fiscal year-end. |
(f) |
Where applicable, assumes the reinvestment of distributions. |
(g) |
Not annualized. |
(h) |
Excludes fees and expenses incurred indirectly as a result of investments in underlying funds. |
(i) |
Annualized. |
(j) |
Portfolio turnover rate excludes in-kind transactions, if any. |
See notes to financial statements.
80 |
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 |
Financial Highlights (continued)
(For a share outstanding throughout each period)
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 | % | ||||||||||||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
|
|
(a) |
Consolidated Financial Highlights. |
(b) |
Based on average shares outstanding. |
(c) |
The amounts reported for a share outstanding may not accord with the change in aggregate gains and losses in securities for the fiscal period due to the timing of capital share transactions in relation to the fluctuating market values of the Fund’s underlying securities. |
(d) |
Distributions for annual periods determined in accordance with U.S. federal income tax regulations. |
(e) |
Where applicable, assumes the reinvestment of distributions. |
(f) |
Not annualized. |
(g) |
Excludes fees and expenses incurred indirectly as a result of investments in underlying funds. |
(h) |
Annualized. |
(i) |
Portfolio turnover rate excludes in-kind transactions, if any. |
See notes to financial statements.
F I N A N C I A L H I G H L I G H T S |
81 |
Notes to Financial Statements (unaudited)
1. |
ORGANIZATION |
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”):
iShares ETF |
Diversification Classification | |
Core MSCI Emerging Markets |
Diversified | |
MSCI BIC |
Diversified | |
MSCI Emerging Markets Asia |
Diversified | |
MSCI Emerging Markets Small-Cap |
Diversified |
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.
2. |
SIGNIFICANT ACCOUNTING POLICIES |
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.
82 |
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 |
Notes to Financial Statements (unaudited) (continued)
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.
3. |
INVESTMENT VALUATION AND FAIR VALUE MEASUREMENTS |
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:
• |
Equity investments traded on a recognized securities exchange are valued at that day’s official closing price, as applicable, on the exchange where the stock is primarily traded. Equity investments traded on a recognized exchange for which there were no sales on that day are valued at the last traded price. |
• |
Investments in open-end U.S. mutual funds (including money market funds) are valued at that day’s published NAV. |
• |
Futures contracts are valued based on that day’s last reported settlement or trade price on the exchange where the contract is traded. |
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:
• |
Level 1 – Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that each Fund has the ability to access; |
• |
Level 2 – Other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market-corroborated inputs); and |
N O T E S T O F I N A N C I A L S T A T E M E N T S |
83 |
Notes to Financial Statements (unaudited) (continued)
• |
Level 3 – Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available, (including the Valuation Committee’s assumptions used in determining the fair value of financial instruments). |
The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds 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.
4. |
SECURITIES AND OTHER INVESTMENTS |
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.
84 |
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 |
Notes to Financial Statements (unaudited) (continued)
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:
|
||||||||||||||||
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 | ||||||||
|
|
|
|
|
|
|
|
N O T E S T O F I N A N C I A L S T A T E M E N T S |
85 |
Notes to Financial Statements (unaudited) (continued)
|
||||||||||||||||
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 | ) | $ | — | $ | — | ||||||||
|
|
|
|
|
|
|
|
(a) |
Collateral received, if any, in excess of the market value of securities on loan is not presented in this table. The total cash collateral received by each Fund is disclosed in the Fund’s Statements of Assets and Liabilities. |
(b) |
The market value of the loaned securities is determined as of February 29, 2024. Additional collateral is delivered to the Fund on the next business day in accordance with the MSLA. |
The net amount would be subject to the borrower default indemnity in the event of default by a counterparty. |
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.
5. |
DERIVATIVE FINANCIAL INSTRUMENTS |
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.
6. |
INVESTMENT ADVISORY AGREEMENT AND OTHER TRANSACTIONS WITH AFFILIATES |
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).
86 |
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 |
Notes to Financial Statements (unaudited) (continued)
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:
iShares ETF | Investment Advisory Fees | |||
Core MSCI Emerging Markets |
0.09% | |||
MSCI Emerging Markets Asia |
0.49 |
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:
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 |
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:
iShares ETF | Amounts Waived | |||
Core MSCI Emerging Markets |
$ | 786,597 |
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.
N O T E S T O F I N A N C I A L S T A T E M E N T S |
87 |
Notes to Financial Statements (unaudited) (continued)
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:
iShares ETF | Amounts | |||
Core MSCI Emerging Markets |
$ | 8,198,546 | ||
MSCI BIC |
1,307 | |||
MSCI Emerging Markets Asia |
7,095 | |||
MSCI Emerging Markets Small-Cap |
83,119 |
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:
iShares ETF | Purchases | Sales |
Net Realized Gain (Loss) |
|||||||||
Core MSCI Emerging Markets |
$ | 2,221,977 | $ | 69,999,687 | $ | (24,247,622 | ) | |||||
MSCI BIC |
— | 258,354 | (790,610 | ) | ||||||||
MSCI Emerging Markets Asia |
168,539 | 954,721 | (1,344,619 | ) | ||||||||
MSCI Emerging Markets Small-Cap |
9,731,757 | 2,504,866 | 1,367,159 |
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.
7. |
PURCHASES AND SALES |
For the six months ended February 29, 2024, purchases and sales of investments, excluding short-term securities and in-kind transactions, were as follows:
iShares ETF | Purchases | Sales | ||||||
Core MSCI Emerging Markets |
$ | 1,988,962,857 | $ | 1,773,966,558 | ||||
MSCI BIC |
2,603,924 | 3,390,557 | ||||||
MSCI Emerging Markets Asia |
11,031,047 | 98,737,969 | ||||||
MSCI Emerging Markets Small-Cap |
66,443,387 | 50,060,395 |
For the six months ended February 29, 2024, in-kind transactions were as follows:
iShares ETF |
In-kind Purchases |
In-kind Sales |
||||||
Core MSCI Emerging Markets |
$ | 13,357,435 | $ | 56,433,398 | ||||
MSCI Emerging Markets Asia |
— | 42,274,459 | ||||||
MSCI Emerging Markets Small-Cap |
2,676,327 | — |
8. |
INCOME TAX INFORMATION |
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.
88 |
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 |
Notes to Financial Statements (unaudited) (continued)
As of August 31, 2023, the Funds had non-expiring capital loss carryforwards available to offset future realized capital gains as follows:
iShares ETF |
Non-Expiring Capital Loss Carryforwards |
|||
Core MSCI Emerging Markets |
$ | (9,993,717,670 | ) | |
MSCI BIC |
(226,979,021 | ) | ||
MSCI Emerging Markets Asia |
(115,044,765 | ) | ||
MSCI Emerging Markets Small-Cap |
(6,287,765 | ) |
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:
iShares ETF | Tax Cost |
Gross Unrealized Appreciation |
Gross Unrealized Depreciation |
Net Unrealized Appreciation (Depreciation) |
||||||||||||
Core MSCI Emerging Markets |
$ 70,753,613,005 | $ 19,014,029,834 | $ (12,162,526,885 | ) | $ 6,851,502,949 | |||||||||||
MSCI BIC |
93,410,817 | 15,814,774 | (38,379,263 | ) | (22,564,489 | ) | ||||||||||
MSCI Emerging Markets Asia |
416,627,802 | 116,849,950 | (118,815,141 | ) | (1,965,191 | ) | ||||||||||
MSCI Emerging Markets Small-Cap |
343,746,904 | 86,036,243 | (54,891,171 | ) | 31,145,072 |
9. |
LINE OF CREDIT |
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:
iShares ETF |
Maximum Amount Borrowed |
Average Borrowing |
Weighted Average Interest Rates |
|||||||||
Core MSCI Emerging Markets |
$ | 380,000,000 | $ | 14,079,209 | 6.44% | |||||||
MSCI Emerging Markets Asia |
2,730,000 | 149,011 | 6.44 | |||||||||
MSCI Emerging Markets Small-Cap |
6,933,000 | 390,758 | 6.98 |
10. |
PRINCIPAL RISKS |
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.
N O T E S T O F I N A N C I A L S T A T E M E N T S |
89 |
Notes to Financial Statements (unaudited) (continued)
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
90 |
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 |
Notes to Financial Statements (unaudited) (continued)
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.
11. |
CAPITAL SHARE TRANSACTIONS |
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.
Transactions in capital shares were as follows:
|
||||||||||||||||
Six Months Ended 02/29/24 |
Year Ended 08/31/23 |
|||||||||||||||
|
|
|
|
|||||||||||||
iShares ETF | Shares | Amount | Shares | Amount | ||||||||||||
|
||||||||||||||||
Core MSCI Emerging Markets |
||||||||||||||||
Shares sold |
31,200,000 | $ | 1,528,507,023 | 138,000,000 | $ | 6,641,906,049 | ||||||||||
Shares redeemed |
(3,600,000 | ) | (167,173,502 | ) | (25,800,000 | ) | (1,170,313,580 | ) | ||||||||
|
|
|
|
|
|
|
|
|||||||||
27,600,000 | $ | 1,361,333,521 | 112,200,000 | $ | 5,471,592,469 | |||||||||||
|
|
|
|
|
|
|
|
|||||||||
MSCI BIC |
||||||||||||||||
Shares sold |
— | $ | — | — | $ | (15,669 | ) | |||||||||
Shares redeemed |
— | — | (450,000 | ) | (15,537,718 | ) | ||||||||||
|
|
|
|
|
|
|
|
|||||||||
— | $ | — | (450,000 | ) | $ | (15,553,387 | ) | |||||||||
|
|
|
|
|
|
|
|
|||||||||
MSCI Emerging Markets Asia |
||||||||||||||||
Shares sold |
— | $ | (27,273 | ) | 2,200,000 | $ | 149,886,468 | |||||||||
Shares redeemed |
(1,900,000 | ) | (121,931,384 | ) | (2,700,000 | ) | (175,250,811 | ) | ||||||||
|
|
|
|
|
|
|
|
|||||||||
(1,900,000 | ) | $ | (121,958,657 | ) | (500,000 | ) | $ | (25,364,343 | ) | |||||||
|
|
|
|
|
|
|
|
|||||||||
MSCI Emerging Markets Small-Cap |
||||||||||||||||
Shares sold |
500,000 | $ | 28,074,204 | 1,400,000 | $ | 70,564,319 | ||||||||||
Shares redeemed |
— | — | (2,400,000 | ) | (133,114,902 | ) | ||||||||||
|
|
|
|
|
|
|
|
|||||||||
500,000 | $ | 28,074,204 | (1,000,000 | ) | $ | (62,550,583 | ) | |||||||||
|
|
|
|
|
|
|
|
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.
12. |
FOREIGN WITHHOLDING TAX CLAIMS |
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
N O T E S T O F I N A N C I A L S T A T E M E N T S |
91 |
Notes to Financial Statements (unaudited) (continued)
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.
13. |
SUBSEQUENT EVENTS |
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.
92 |
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 |
Statement Regarding Liquidity Risk Management Program (unaudited)
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:
a) |
The Fund’s investment strategy and liquidity of portfolio investments during both normal and reasonably foreseeable stressed conditions. During the Program Reporting Period, the Committee reviewed whether each Fund’s strategy is appropriate for an open-end fund structure, with a focus on funds with more significant and consistent holdings of less liquid and illiquid assets. The Committee also factored a fund’s concentration in an issuer into the liquidity classification methodology by taking issuer position sizes into account. Derivative exposure was also considered in the calculation of a fund’s liquidity bucketing. Finally, a factor for consideration under the Liquidity Rule is a Fund’s use of borrowings for investment purposes. However, the Funds do not borrow for investment purposes. |
b) |
Short-term and long-term cash flow projections during both normal and reasonably foreseeable stressed conditions. During the Program Reporting Period, the Committee reviewed historical redemption activity and used this information as a component to establish each ETF’s reasonably anticipated trading size utilized for liquidity classifications. The Committee may also take into consideration a fund’s shareholder ownership concentration (which, depending on product type and distribution channel, may or may not be available), a fund’s distribution channels, and the degree of certainty associated with a fund’s short-term and long-term cash flow projections. |
c) |
Holdings of cash and cash equivalents, as well as borrowing arrangements. The Committee considered that ETFs generally do not hold more than de minimis amounts of cash. The Committee also considered that ETFs generally do not engage in borrowing. |
d) |
The relationship between an ETF’s portfolio liquidity and the way in which, and the prices and spreads at which, ETF shares trade, including the efficiency of the arbitrage function and the level of active participation by market participants, including authorized participants. The Committee monitored the prevailing bid/ask spread and the ETF price premium (or discount) to NAV for all ETFs. However, there were no ETFs with persistent deviations of fund premium/discount or bid/ask spreads from long-term averages over the Program Reporting Period. |
e) |
The effect of the composition of baskets on the overall liquidity of an ETF’s portfolio. In reviewing the linkage between the composition of custom baskets accepted by an ETF and any significant change in the liquidity profile of such ETF, the Committee reviewed changes in the proportion of each ETF’s portfolio comprised of less liquid and illiquid holdings to determine if applicable thresholds were met requiring enhanced review. There were no ETFs for which the custom baskets accepted by the ETF had a significant change in its liquidity profile. |
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.
S T A T E M E N T R E G A R D I N G L I Q U I D I T Y R I S K M A N A G E M E N T P R O G R A M |
93 |
Supplemental Information (unaudited)
Section 19(a) Notices
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.
February 29, 2024
Total Cumulative Distributions for the Fiscal Year-to-Date |
% Breakdown of the Total Cumulative Distributions for the Fiscal Year-to-Date |
|||||||||||||||||||||||||||||||||||||||
iShares ETF |
Net Investment Income |
Net Realized Capital Gains |
Return of Capital |
Total Per Share |
Net Investment Income |
Net Realized Capital Gains |
Return of Capital |
Total Per Share |
||||||||||||||||||||||||||||||||
MSCI BIC(a) |
$ | 0.156960 | $ | — | $ | 0.166989 | $ | 0.323949 | 48 | % | — | % | 52 | % | 100 | % | ||||||||||||||||||||||||
MSCI Emerging Markets Asia(a) |
1.151981 | — | 0.019658 | 1.171639 | 98 | — | 2 | 100 |
(a) |
The Fund estimates that it has distributed more than its net investment income and net realized capital gains; therefore, a portion of the distribution may be a return of capital. A return of capital may occur, for example, when some or all of the shareholder’s investment in the Fund is returned to the shareholder. A return of capital does not necessarily reflect the Fund’s investment performance and should not be confused with “yield” or “income”. When distributions exceed total return performance, the difference will incrementally reduce the Fund’s net asset value per share. |
Tailored Shareholder Reports for Open-End Mutual Funds and ETFs
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.
94 |
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 |
Electronic Delivery
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.
To enroll in electronic delivery:
• |
Go to icsdelivery.com. |
• |
If your brokerage firm is not listed, electronic delivery may not be available. Please contact your broker-dealer or financial advisor. |
Householding
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.
Availability of Quarterly Schedule of Investments
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.
Availability of Proxy Voting Policies and Proxy Voting Records
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.
G E N E R A L I N F O R M A T I O N |
95 |
Glossary of Terms Used in this Report
Portfolio Abbreviation | ||
ADR | American Depositary Receipt | |
CPO | Certificates of Participation (Ordinary) | |
GDR | Global Depositary Receipt | |
NVDR | Non-Voting Depositary Receipt | |
NVS | Non-Voting Shares | |
PJSC | Public Joint Stock Company | |
REIT | Real Estate Investment Trust |
96 |
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 |
Want to know more?
iShares.com | 1-800-474-2737
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.
Investing involves risk, including possible loss of principal.
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.
©2024 BlackRock, Inc. All rights reserved. iSHARES and BLACKROCK are registered trademarks of BlackRock, Inc. or its subsidiaries. All other marks are the property of their respective owners.
iS-SAR-810-0224
|