iShares Trust

The Markets in Review

Dear Shareholder,

The 12-month reporting period as of January 31, 2022 saw a continuation of the resurgent growth that followed the initial coronavirus (or “COVID-19”) pandemic reopening, albeit at a slower pace. The global economy weathered the emergence of several variant strains and the resulting peaks and troughs in infections amid optimism that increasing vaccinations and economic adaptation could help contain the pandemic’s disruptions. Continued growth meant that the U.S. economy regained and then surpassed its pre-pandemic output. However, rapid changes in consumer spending led to supply constraints and elevated inflation.

Equity prices were mixed, as persistently high inflation drove investors’ expectations for higher interest rates, which particularly weighed on relatively high valuation growth stocks and economically sensitive small-capitalization stocks. Overall, small-capitalization U.S. stocks declined slightly, while large-capitalization U.S. stocks posted a strong advance. International equities from developed markets also gained, although emerging market stocks declined, pressured by rising interest rates and a strengthening U.S. dollar.

The 10-year U.S. Treasury yield (which is inversely related to bond prices) rose significantly during the reporting period as the economy expanded rapidly and inflation reached its highest annualized reading in decades. In the corporate bond market, the improving economy assuaged credit concerns and led to positive returns for high-yield corporate bonds, outpacing the modest negative return of investment-grade corporate bonds.

The U.S. Federal Reserve (the “Fed”) maintained accommodative monetary policy during the reporting period by keeping near-zero interest rates. However, the Fed’s tone shifted late in the period, as it reduced its bond-buying program and raised the prospect of higher rates in 2022. Continued high inflation and the Fed’s new tone led many analysts to anticipate that the Fed will raise interest rates multiple times throughout the year.

Looking ahead, however, the horrific war in Ukraine has significantly clouded the outlook for the global economy. Sanctions on Russia and general wartime disruption are likely to drive already-high commodity prices even further upwards, and we have already seen spikes in energy and metal markets. While this will exacerbate inflationary pressure, it could also constrain economic growth, making the Fed’s way forward less clear. Its challenge will be combating inflation without stifling a recovery that is now facing additional supply shocks.

In this environment, we favor an overweight to equities, as we believe low interest rates and continued economic growth will support further gains, albeit likely more modest than what we saw in 2021. Sectors that are better poised to manage the transition to a lower-carbon world, such as technology and health care, are particularly attractive in the long term. U.S. and other developed-market equities have room for further growth, while we believe Chinese equities stand to gain from a more accommodative monetary and fiscal environment. We are underweight long-term credit, but inflation-protected U.S. Treasuries, Asian fixed income, and emerging market local-currency bonds offer potential opportunities. We believe that international diversification and a focus on sustainability can help provide portfolio resilience, and the disruption created by the coronavirus appears to be accelerating the shift toward sustainable investments.

In this environment, our view is that investors need to think globally, extend their scope across a broad array of asset classes, 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.

Sincerely,

LOGO

Rob Kapito

President, BlackRock, Inc.

LOGO

Rob Kapito

President, BlackRock, Inc.


Total Returns as of January 31, 2022

	6-Month	12-Month

U.S. large cap equities (S&P 500^® Index)	3.44%	23.29%

U.S. small cap equities (Russell 2000^® Index)	(8.41)	(1.21)

International equities (MSCI Europe, Australasia, Far East Index)	(3.43)	7.03

Emerging market equities (MSCI Emerging Markets Index)	(4.59)	(7.23)

3-month Treasury bills (ICE BofA 3-Month U.S. Treasury Bill Index)	0.01	0.04

U.S. Treasury securities (ICE BofA 10-Year U.S. Treasury Index)	(3.87)	(4.43)

U.S. investment grade bonds (Bloomberg U.S. Aggregate Bond Index)	(3.17)	(2.97)

Tax-exempt municipal bonds (S&P Municipal Bond Index)	(2.56)	(1.22)

U.S. high yield bonds (Bloomberg U.S. Corporate High Yield 2% Issuer Capped Index)	(1.55)	2.05

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

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

Past performance is no guarantee 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” on page 10 for more information.

The iShares MSCI ACWI Low Carbon Target ETF (the “Fund”) seeks to track the investment results of an index composed of large and mid-capitalization developed and emerging market equities with a lower carbon exposure than that of the broad market, as represented by the MSCI ACWI Low Carbon Target Index (the “Index”). The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index.

The inception date of the Fund was 12/8/14. The first day of secondary market trading was 12/9/14.

The iShares MSCI All Country Asia ex Japan ETF (the “Fund”) seeks to track the investment results of an index composed of Asian equities, excluding Japan, as represented by the MSCI AC Asia ex Japan Index (the “Index”). The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index.

The iShares MSCI Europe Financials ETF (the “Fund”) seeks to track the investment results of an index composed of developed market European equities in the financials sector, as represented by the MSCI Europe Financials Index (the “Index”). The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index.

The iShares MSCI Europe Small-Cap ETF (the “Fund”) seeks to track the investment results of an index composed of small-capitalization developed market equities in Europe, as represented by the MSCI Europe 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.

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

Past performance is not an indication of future results. 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 by 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. Since shares of a fund may not trade in the secondary market until after the fund’s inception, for the period from inception to the first day of secondary market trading in shares of the fund, the NAV of the fund is used as a proxy for the Market Price to calculate market returns. 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, market returns do not include brokerage commissions that may be payable on secondary market transactions. If brokerage commissions were included, market 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 (or from the commencement of operations if less than 6 months) 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 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 a Funds and other funds, compare the 5% hypothetical examples with the 5% hypothetical examples that appear in the shareholder reports of the other funds.

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


Security	Shares		Value

Common Stocks

Australia — 1.9%
Ampol Ltd.		85,079	$	1,802,229
APA Group		350,535		2,377,274
Aristocrat Leisure Ltd.		190,107		5,510,777
ASX Ltd.		60,930		3,613,668
Aurizon Holdings Ltd.		607,889		1,520,850
AusNet Services Ltd.		594,946		1,094,759
Australia & New Zealand Banking Group Ltd.		770,128		14,554,523
BHP Group Ltd.^(a)		810,570		25,995,428
BHP Group Ltd.		605,378		19,108,630
BlueScope Steel Ltd.		194,129		2,544,419
Brambles Ltd.		470,650		3,233,388
Cochlear Ltd.		14,002		1,920,135
Coles Group Ltd.		385,506		4,428,963
Commonwealth Bank of Australia		487,219		32,492,506
Computershare Ltd.		126,397		1,752,065
Crown Resorts Ltd.^(b)		104,194		897,746
CSL Ltd.		131,880		24,429,792
Dexus		356,367		2,594,320
Domino’s Pizza Enterprises Ltd.		17,400		1,283,480
Endeavour Group Ltd./Australia		361,574		1,615,011
Evolution Mining Ltd.		485,218		1,219,077
Fortescue Metals Group Ltd.		477,416		6,703,924
Glencore PLC		2,875,608		14,980,806
Goodman Group		465,397		7,684,507
GPT Group (The)		716,803		2,540,102
IDP Education Ltd.		60,374		1,261,959
Insurance Australia Group Ltd.		503,431		1,518,536
James Hardie Industries PLC		148,524		4,998,609
Lendlease Corp. Ltd.		198,683		1,405,989
Macquarie Group Ltd.		95,704		12,509,613
Magellan Financial Group Ltd.		33,052		439,787
Medibank Pvt Ltd.		950,705		2,083,252
Mirvac Group		1,444,266		2,676,462
National Australia Bank Ltd.		878,057		16,942,499
Newcrest Mining Ltd.		232,967		3,613,635
Northern Star Resources Ltd.		368,362		2,195,409
Orica Ltd.		151,869		1,504,648
Origin Energy Ltd.		552,351		2,210,232
Qantas Airways Ltd.^(b)		259,589		888,481
QBE Insurance Group Ltd.		460,715		3,657,911
Ramsay Health Care Ltd.		34,742		1,550,049
REA Group Ltd.		10,307		1,067,772
Reece Ltd.		74,810		1,154,946
Rio Tinto Ltd.		79,405		6,313,148
Rio Tinto PLC		340,588		24,006,453
Santos Ltd.		981,998		5,002,034
Scentre Group		1,576,303		3,272,635
SEEK Ltd.		126,333		2,618,024
Sonic Healthcare Ltd.		105,317		2,836,219
South32 Ltd.		1,468,937		4,041,481
Stockland		791,837		2,282,413
Suncorp Group Ltd.		451,905		3,549,214
Sydney Airport^(b)		404,047		2,483,321
Tabcorp Holdings Ltd.		467,836		1,643,779
Telstra Corp. Ltd.		1,229,318		3,417,406
Transurban Group		864,807		7,639,900
Treasury Wine Estates Ltd.		231,955		1,743,428
Vicinity Centres		1,245,890		1,444,371


Security	Shares		Value

Australia (continued)
Washington H Soul Pattinson & Co. Ltd.		58,281	$	1,131,462
Wesfarmers Ltd.		305,275		11,390,577
Westpac Banking Corp.		979,533		14,127,736
WiseTech Global Ltd.		47,005		1,530,922
Woodside Petroleum Ltd.		222,511		3,976,050
Woolworths Group Ltd.		361,548		8,819,769


				360,848,510

Austria — 0.1%
Erste Group Bank AG		84,150		3,933,220
OMV AG		61,561		3,767,802
Raiffeisen Bank International AG		16,529		464,585
Verbund AG		14,232		1,507,313
voestalpine AG		38,209		1,270,263


				10,943,183

Belgium — 0.2%
Ageas SA/NV		52,735		2,538,375
Anheuser-Busch InBev SA/NV		205,641		12,963,835
Elia Group SA/NV		7,053		951,765
Etablissements Franz Colruyt NV		12,446		505,553
Groupe Bruxelles Lambert SA		46,157		4,952,780
KBC Group NV		68,907		5,992,797
Proximus SADP		27,221		555,868
Sofina SA		2,793		1,112,027
Solvay SA		11,314		1,363,215
UCB SA		35,965		3,578,705
Umicore SA		59,638		2,257,635


				36,772,555

Brazil — 0.4%
Ambev SA		1,287,185		3,628,775
Americanas SA^(b)		157,546		940,808
Atacadao SA		94,443		296,485
B3 SA - Brasil, Bolsa, Balcao		1,801,896		4,961,059
Banco Bradesco SA		82,643		292,591
Banco BTG Pactual SA		407,368		1,854,218
Banco do Brasil SA		231,684		1,424,983
Banco Inter SA		109,136		533,955
Banco Santander Brasil SA		29,400		181,989
BB Seguridade Participacoes SA		152,100		662,811
BRF SA^(b)		192,922		811,274
CCR SA		475,456		1,163,995
Centrais Eletricas Brasileiras SA		149,332		992,435
Cia. de Saneamento Basico do Estado de Sao Paulo		110,000		773,921
Cia. Siderurgica Nacional SA		191,583		921,457
Cosan SA		334,304		1,496,470
Energisa SA		10,000		82,202
Engie Brasil Energia SA		25,800		197,748
Equatorial Energia SA		266,300		1,151,438
Hapvida Participacoes e Investimentos SA^(c)		370,090		882,345
Hypera SA		187,063		1,095,936
JBS SA		290,961		1,922,717
Klabin SA		218,081		1,021,799
Localiza Rent a Car SA		152,985		1,688,277
Lojas Renner SA		214,375		1,135,238
Magazine Luiza SA		796,400		1,049,848
Natura & Co. Holding SA^(b)		293,123		1,253,063
Notre Dame Intermedica Participacoes SA		142,894		1,915,981
Petroleo Brasileiro SA		766,796		5,093,105
Raia Drogasil SA		298,903		1,303,665
Rumo SA^(b)		406,988		1,197,181


Security	Shares		Value

Brazil (continued)
Suzano SA		206,795	$	2,305,468
Telefonica Brasil SA		176,398		1,650,337
TIM SA		335,031		837,246
Ultrapar Participacoes SA		234,821		668,188
Vale SA		1,101,000		16,767,645
Vibra Energia SA		296,382		1,278,158
WEG SA		445,454		2,697,840


				68,132,651

Canada — 3.1%
Agnico Eagle Mines Ltd.		69,513		3,319,934
Air Canada^(a)(b)		52,213		938,984
Algonquin Power & Utilities Corp.		79,222		1,131,164
Alimentation Couche-Tard Inc.		243,726		9,830,336
AltaGas Ltd.		67,237		1,381,079
Ballard Power Systems Inc.^(a)(b)		83,724		873,367
Bank of Montreal		185,997		21,052,786
Bank of Nova Scotia (The)		330,737		23,822,743
Barrick Gold Corp.		476,694		9,123,994
Bausch Health Cos Inc.^(b)		96,036		2,360,953
BCE Inc.		53,571		2,798,344
BlackBerry Ltd.^(a)(b)		137,460		1,131,127
Brookfield Asset Management Inc., Class A		392,153		21,595,178
Brookfield Renewable Corp., Class A		31,800		1,087,977
CAE Inc.^(b)		68,870		1,739,155
Cameco Corp.		124,419		2,418,592
Canadian Apartment Properties REIT		29,934		1,316,611
Canadian Imperial Bank of Commerce		128,002		16,073,382
Canadian National Railway Co.		195,292		23,802,533
Canadian Natural Resources Ltd.		345,548		17,577,102
Canadian Pacific Railway Ltd.		261,451		18,704,601
Canadian Tire Corp. Ltd., Class A, NVS		18,326		2,645,927
Canadian Utilities Ltd., Class A, NVS		91,400		2,655,392
Canopy Growth Corp.^(a)(b)		76,420		614,414
CCL Industries Inc., Class B, NVS		60,996		3,189,076
Cenovus Energy Inc.		367,279		5,342,398
CGI Inc.^(b)		52,567		4,488,138
Constellation Software Inc.		6,237		10,742,222
Dollarama Inc.		89,128		4,598,911
Emera Inc.		39,917		1,891,359
Empire Co. Ltd., Class A, NVS		33,415		1,030,985
Enbridge Inc.		566,866		23,965,212
Fairfax Financial Holdings Ltd.		8,611		4,157,992
First Quantum Minerals Ltd.		177,117		4,362,611
FirstService Corp.		9,801		1,562,809
Fortis Inc.		108,002		5,130,127
Franco-Nevada Corp.		54,321		7,182,260
George Weston Ltd.		15,637		1,705,228
GFL Environmental Inc.		50,650		1,663,961
Gildan Activewear Inc.		65,879		2,622,411
Great-West Lifeco Inc.		50,422		1,575,154
Hydro One Ltd.^(c)		58,036		1,499,353
iA Financial Corp. Inc.		21,307		1,386,384
Imperial Oil Ltd.		84,898		3,473,662
Intact Financial Corp.		33,299		4,511,731
Ivanhoe Mines Ltd., Class A^(b)		163,764		1,402,974
Keyera Corp.		53,345		1,255,201
Kinross Gold Corp.		433,327		2,341,940
Kirkland Lake Gold Ltd.		65,596		2,470,783
Lightspeed Commerce Inc.^(b)		33,620		1,091,265
Loblaw Companies Ltd.		40,839		3,150,754


Security	Shares		Value

Canada (continued)
Lundin Mining Corp.		117,912	$	982,329
Magna International Inc.		83,132		6,697,516
Manulife Financial Corp.		550,315		11,459,574
Metro Inc.		55,150		2,949,808
National Bank of Canada		77,654		6,212,809
Nutrien Ltd.		163,360		11,409,433
Nuvei Corp.^(b)(c)		17,998		1,096,885
Onex Corp.		17,206		1,235,952
Open Text Corp.		98,404		4,709,829
Pan American Silver Corp.		64,885		1,404,229
Parkland Corp.		46,850		1,245,746
Pembina Pipeline Corp.		167,885		5,330,479
Power Corp. of Canada		198,832		6,391,280
Quebecor Inc., Class B		33,521		792,700
Restaurant Brands International Inc.		79,700		4,457,908
RioCan REIT		19,664		342,339
Ritchie Bros Auctioneers Inc.		31,110		1,896,238
Rogers Communications Inc., Class B, NVS		107,741		5,464,392
Royal Bank of Canada		396,119		45,163,456
Saputo Inc.		107,198		2,402,605
Shaw Communications Inc., Class B, NVS		133,719		3,985,850
Shopify Inc., Class A^(b)		31,703		30,600,634
Sun Life Financial Inc.		164,372		9,309,004
Suncor Energy Inc.		432,463		12,356,572
TC Energy Corp.		263,646		13,614,226
Teck Resources Ltd., Class B		141,733		4,377,483
TELUS Corp.		199,435		4,692,680
TFI International Inc.		22,204		2,137,167
Thomson Reuters Corp.		54,600		5,861,398
TMX Group Ltd.		15,578		1,584,700
Toronto-Dominion Bank (The)		509,838		40,834,368
Tourmaline Oil Corp.		84,341		3,006,989
Waste Connections Inc.		72,884		9,088,635
West Fraser Timber Co. Ltd.		24,111		2,231,759
Wheaton Precious Metals Corp.		133,163		5,368,842
WSP Global Inc.		25,825		3,443,604


				569,929,994

Chile — 0.0%
Banco de Chile		10,926,568		1,092,624
Banco de Credito e Inversiones SA		27,269		987,674
Banco Santander Chile		20,117,998		999,561
Cia. Cervecerias Unidas SA		107,516		891,062
Empresas CMPC SA		347,634		638,069
Empresas COPEC SA		142,808		1,198,501
Enel Americas SA		8,787,673		1,036,117
Enel Chile SA		9,195,982		360,271
Falabella SA		183,898		654,544


				7,858,423

China — 3.7%
Yankuang Energy Group Co. Ltd., Class H^(a)		576,000		1,220,341
360 DigiTech Inc.		26,857		531,500
3SBio Inc.^(b)(c)		358,500		283,858
51job Inc., ADR^(b)		11,886		599,054
AAC Technologies Holdings Inc.^(a)		193,000		586,020
Agile Group Holdings Ltd.		228,000		120,862
Agora Inc., ADR^(b)		17,308		197,830
Agricultural Bank of China Ltd., Class A		5,287,900		2,464,949
Agricultural Bank of China Ltd., Class H		3,839,000		1,460,642
Aier Eye Hospital Group Co. Ltd., Class A		391,748		2,005,795


Security	Shares		Value

China (continued)
Air China Ltd., Class H^(b)		700,000	$	527,722
Akeso Inc.^(a)(b)(c)		77,000		209,155
Alibaba Group Holding Ltd.^(b)		4,214,176		66,051,147
Alibaba Health Information Technology Ltd.^(a)(b)		1,134,000		854,751
Alibaba Pictures Group Ltd.^(b)		3,820,000		432,590
A-Living Smart City Services Co. Ltd., Class A^(c)		151,750		295,435
Aluminum Corp. of China Ltd., Class H^(a)(b)		1,462,000		769,401
Anhui Conch Cement Co. Ltd., Class A		417,992		2,582,064
Anhui Conch Cement Co. Ltd., Class H		71,500		378,201
ANTA Sports Products Ltd.^(a)		272,000		4,084,153
Autohome Inc., ADR		20,435		680,894
AviChina Industry & Technology Co. Ltd., Class H		856,000		483,085
Baidu Inc., ADR^(b)		77,786		12,425,536
Bank of China Ltd., Class H		21,206,000		8,265,941
Bank of Communications Co. Ltd., Class A		3,975,800		2,969,077
Bank of Communications Co. Ltd., Class H		1,058,000		709,645
Bank of Ningbo Co. Ltd., Class A		400,115		2,474,042
Bank of Shanghai Co. Ltd., Class A		2,570,351		2,846,570
BeiGene Ltd., ADR^(a)(b)		14,264		3,460,161
Beijing Capital International Airport Co. Ltd., Class H^(b)		552,000		368,530
Beijing Enterprises Holdings Ltd.		67,500		230,106
Beijing Enterprises Water Group Ltd.		1,114,000		434,504
Bilibili Inc., ADR^(a)(b)		46,863		1,653,795
BOC Aviation Ltd.^(c)		70,100		589,344
Bosideng International Holdings Ltd.^(a)		1,128,000		549,828
BYD Co. Ltd., Class A		59,500		2,218,601
BYD Co. Ltd., Class H		193,500		5,723,160
BYD Electronic International Co. Ltd.^(a)		194,500		588,261
CanSino Biologics Inc., Class H^(b)(c)		26,000		435,541
CGN Power Co. Ltd., Class H^(c)		6,123,000		1,691,780
China Bohai Bank Co. Ltd., Class H^(c)		817,500		204,452
China Cinda Asset Management Co. Ltd., Class H		554,000		101,320
China CITIC Bank Corp. Ltd., Class H		2,139,000		1,020,504
China Communications Services Corp. Ltd., Class H		582,000		309,798
China Conch Venture Holdings Ltd.		553,000		2,628,784
China Construction Bank Corp., Class H		26,618,260		20,425,476
China Education Group Holdings Ltd.		351,000		307,215
China Everbright Bank Co. Ltd., Class A		5,073,400		2,675,561
China Everbright Environment Group Ltd.		1,206,000		895,873
China Evergrande Group^(a)(b)		740,000		158,136
China Feihe Ltd.^(c)		1,054,000		1,461,647
China Galaxy Securities Co. Ltd., Class H		1,295,500		768,199
China Gas Holdings Ltd.		819,800		1,392,825
China Hongqiao Group Ltd.		568,500		642,364
China Huishan Dairy Holdings Co. Ltd.^(b)(d)		813,015		1
China International Capital Corp. Ltd., Class H^(c)		458,800		1,249,779
China Jinmao Holdings Group Ltd.		1,386,000		503,492
China Lesso Group Holdings Ltd.		391,000		679,756
China Life Insurance Co. Ltd., Class H		2,093,000		3,679,280
China Literature Ltd.^(b)(c)		111,000		672,257
China Longyuan Power Group Corp. Ltd., Class H		996,000		2,032,127
China Medical System Holdings Ltd.		431,000		721,722
China Meidong Auto Holdings Ltd.		214,000		1,004,737
China Mengniu Dairy Co. Ltd.		770,000		4,551,180
China Merchants Bank Co. Ltd., Class A		655,800		5,098,488
China Merchants Bank Co. Ltd., Class H		954,288		7,976,054
China Merchants Port Holdings Co. Ltd.		426,000		787,320
China Merchants Shekou Industrial Zone Holdings Co. Ltd., Class A		760,922		1,624,639


Security	Shares		Value

China (continued)
China Minsheng Banking Corp. Ltd., Class A		3,927,200	$	2,400,737
China Minsheng Banking Corp. Ltd., Class H		13,500		5,381
China Molybdenum Co. Ltd., Class H		1,377,000		707,604
China National Building Material Co. Ltd., Class H		1,014,000		1,317,036
China Oilfield Services Ltd., Class H		670,000		658,918
China Overseas Land & Investment Ltd.		1,075,000		3,172,838
China Overseas Property Holdings Ltd.		515,000		598,090
China Pacific Insurance Group Co. Ltd., Class A		634,697		2,641,508
China Pacific Insurance Group Co. Ltd., Class H		404,600		1,231,682
China Petroleum & Chemical Corp., Class H		7,051,200		3,691,937
China Power International Development Ltd.		1,853,000		917,074
China Railway Group Ltd., Class H		1,193,000		736,418
China Resources Beer Holdings Co. Ltd.		396,000		2,956,489
China Resources Cement Holdings Ltd.		506,000		436,034
China Resources Gas Group Ltd.		258,000		1,290,488
China Resources Land Ltd.		762,000		3,683,217
China Resources Mixc Lifestyle Services Ltd.^(c)		155,000		911,043
China Resources Power Holdings Co. Ltd.		576,000		1,402,723
China Shenhua Energy Co. Ltd., Class H		1,124,000		2,764,644
China Southern Airlines Co. Ltd., Class H^(a)(b)		732,000		468,660
China State Construction Engineering Corp. Ltd., Class A		4,854,677		3,976,207
China State Construction International Holdings Ltd.		686,000		812,065
China Taiping Insurance Holdings Co. Ltd.		685,600		969,958
China Tourism Group Duty Free Corp. Ltd., Class A		48,592		1,592,344
China Tower Corp. Ltd., Class H^(c)		11,666,000		1,409,238
China Traditional Chinese Medicine Holdings Co. Ltd.		1,174,000		684,651
China Vanke Co. Ltd., Class A		674,896		2,162,157
China Vanke Co. Ltd., Class H		147,200		380,548
China Yangtze Power Co. Ltd., Class A		948,210		3,270,136
China Yuhua Education Corp. Ltd.^(c)		604,000		131,424
Chinasoft International Ltd.		896,000		896,601
Chindata Group Holdings Ltd., ADR^(a)(b)		33,952		173,834
Chongqing Zhifei Biological Products Co. Ltd., Class A		58,100		975,596
CIFI Ever Sunshine Services Group Ltd.		214,000		386,189
CIFI Holdings Group Co. Ltd.		866,900		565,922
CITIC Ltd.		1,415,000		1,589,194
CITIC Securities Co. Ltd., Class A		1,060,083		4,147,398
CITIC Securities Co. Ltd., Class H		619,500		1,658,909
Contemporary Amperex Technology Co. Ltd., Class A		49,000		4,728,093
COSCO SHIPPING Holdings Co. Ltd., Class H^(b)		1,229,800		2,237,288
COSCO SHIPPING Ports Ltd.		490,000		390,335
Country Garden Holdings Co. Ltd.		2,122,866		1,743,629
Country Garden Services Holdings Co. Ltd.		460,000		2,717,316
CSPC Pharmaceutical Group Ltd.		2,587,120		3,144,358
Dada Nexus Ltd., ADR^(b)		21,602		235,894
Dali Foods Group Co. Ltd.^(c)		1,218,000		703,972
Daqo New Energy Corp., ADR^(b)		19,865		796,984
DiDi Global Inc.^(a)(b)		86,854		313,543
Dongfeng Motor Group Co. Ltd., Class H		670,000		590,836
Dongyue Group Ltd.		508,000		621,748
ENN Energy Holdings Ltd.		216,100		3,440,369
Far East Horizon Ltd.		462,000		395,219
Flat Glass Group Co. Ltd., Class H^(a)		195,000		782,854
Foshan Haitian Flavouring & Food Co. Ltd., Class A		99,292		1,519,569
Fosun International Ltd.		673,000		763,616
Fuyao Glass Industry Group Co. Ltd., Class H^(c)		219,600		1,189,179
Ganfeng Lithium Co. Ltd., Class H^(a)(c)		107,200		1,703,443
GDS Holdings Ltd., ADR^(a)(b)		32,810		1,439,703


Security	Shares		Value

China (continued)
Geely Automobile Holdings Ltd.		1,559,000	$	3,374,856
Genscript Biotech Corp.^(b)		368,000		1,172,233
GF Securities Co. Ltd., Class H		457,400		792,825
GOME Retail Holdings Ltd.^(a)(b)		3,502,000		239,875
Great Wall Motor Co. Ltd., Class H		983,000		2,666,965
Greentown China Holdings Ltd.		237,000		391,300
Greentown Service Group Co. Ltd.		488,000		535,751
Guangdong Investment Ltd.		986,000		1,408,436
Guangzhou Automobile Group Co. Ltd., Class H		836,000		821,189
Guangzhou R&F Properties Co. Ltd., Class H^(a)		370,800		165,045
Haidilao International Holding Ltd.^(a)(c)		291,000		630,707
Haier Smart Home Co. Ltd., Class H		701,600		2,812,743
Haitian International Holdings Ltd.		196,000		509,926
Haitong Securities Co. Ltd., Class H		892,800		803,443
Hangzhou Tigermed Consulting Co. Ltd., Class H^(c)		46,800		490,269
Hansoh Pharmaceutical Group Co. Ltd.^(c)		394,000		812,196
Hello Group Inc., ADR		44,747		435,388
Hengan International Group Co. Ltd.^(a)		161,500		789,462
HengTen Networks Group Ltd.^(a)(b)		1,196,000		369,210
Hopson Development Holdings Ltd.		189,290		394,417
Hua Hong Semiconductor Ltd.^(b)(c)		182,000		885,973
Huaneng Power International Inc., Class H		1,298,000		683,273
Huatai Securities Co. Ltd., Class H^(c)		604,200		1,074,034
Huazhu Group Ltd., ADR^(b)		62,487		2,469,486
Hygeia Healthcare Holdings Co. Ltd.^(a)(c)		108,200		490,538
I-Mab, ADR^(b)		18,449		465,837
Industrial & Commercial Bank of China Ltd., Class A		3,848,391		2,825,064
Industrial & Commercial Bank of China Ltd., Class H		13,567,260		8,219,659
Industrial Bank Co. Ltd., Class A		855,000		2,828,674
Inner Mongolia Yili Industrial Group Co. Ltd., Class A		369,200		2,225,051
Innovent Biologics Inc.^(a)(b)(c)		334,000		1,414,425
iQIYI Inc., ADR^(a)(b)		80,052		326,612
JD Health International Inc.^(b)(c)		96,950		783,081
JD.com Inc., Class A^(b)		571,040		21,643,209
Jiangsu Expressway Co. Ltd., Class H		280,000		292,559
Jiangsu Hengrui Medicine Co. Ltd., Class A		258,518		1,667,398
Jiangsu Yanghe Brewery Joint-Stock Co. Ltd., Class A		58,600		1,454,050
Jiangxi Copper Co. Ltd., Class H		310,000		508,325
Jinxin Fertility Group Ltd.^(a)(b)(c)		425,500		426,219
Jiumaojiu International Holdings Ltd.^(c)		307,000		662,993
JOYY Inc., ADR		17,846		902,294
Kanzhun Ltd.^(a)(b)		19,191		581,295
KE Holdings Inc., ADR^(b)		95,078		2,071,750
Kingboard Holdings Ltd.		266,500		1,286,588
Kingboard Laminates Holdings Ltd.		494,000		847,237
Kingdee International Software Group Co. Ltd.^(b)		798,000		1,828,490
Kingsoft Cloud Holdings Ltd., ADR^(a)(b)		17,291		146,109
Kingsoft Corp. Ltd.		278,600		1,251,992
Kuaishou Technology^(b)(c)		138,400		1,582,016
Kunlun Energy Co. Ltd.		1,192,000		1,236,160
Kweichow Moutai Co. Ltd., Class A		22,532		6,729,345
KWG Group Holdings Ltd.		378,000		206,685
Lenovo Group Ltd.		2,190,000		2,373,320
Li Auto Inc., ADR^(a)(b)		153,171		3,996,231
Li Ning Co. Ltd.		569,500		5,557,181
Logan Group Co. Ltd.		214,000		133,114
Longfor Group Holdings Ltd.^(c)		498,000		2,987,415
LONGi Green Energy Technology Co. Ltd., Class A		151,800		1,700,004
Luxshare Precision Industry Co. Ltd., Class A		262,140		1,963,951


Security	Shares		Value

China (continued)
Meituan, Class B^(b)(c)		1,139,300	$	33,990,267
Microport Scientific Corp.		220,200		634,676
Ming Yuan Cloud Group Holdings Ltd.		208,000		428,876
Minth Group Ltd.		222,000		1,026,631
MMG Ltd.^(b)		828,000		268,839
Muyuan Foods Co. Ltd., Class A		325,312		2,829,150
NetEase Inc.		530,990		11,086,798
New China Life Insurance Co. Ltd., Class H		231,500		660,292
New Oriental Education & Technology Group Inc., ADR^(b)		433,173		619,437
Nine Dragons Paper Holdings Ltd.		366,000		365,587
NIO Inc., ADR^(a)(b)		342,088		8,384,577
Noah Holdings Ltd., ADR^(a)(b)		10,686		335,434
Nongfu Spring Co. Ltd., Class H^(c)		495,200		2,998,238
People’s Insurance Co. Group of China Ltd. (The), Class H		1,986,000		628,469
PetroChina Co. Ltd., Class H		5,782,000		2,867,246
Pharmaron Beijing Co. Ltd., Class H^(c)		67,600		860,000
PICC Property & Casualty Co. Ltd., Class H		1,492,000		1,390,175
Pinduoduo Inc., ADR^(b)		127,174		7,610,092
Ping An Bank Co. Ltd., Class A		883,100		2,213,415
Ping An Healthcare and Technology Co. Ltd.^(a)(b)(c)		158,100		504,455
Ping An Insurance Group Co. of China Ltd., Class A		530,600		4,192,114
Ping An Insurance Group Co. of China Ltd., Class H		1,541,000		12,229,098
Poly Developments and Holdings Group Co. Ltd., Class A		745,799		1,837,679
Postal Savings Bank of China Co. Ltd., Class A		2,574,200		2,291,352
Postal Savings Bank of China Co. Ltd., Class H^(c)		1,333,000		1,110,589
Powerlong Real Estate Holdings Ltd.		316,000		176,383
RLX Technology Inc., ADR^(a)(b)		176,612		591,650
SAIC Motor Corp. Ltd., Class A		607,913		1,805,936
Sany Heavy Equipment International Holdings Co. Ltd.		555,000		582,003
Seazen Group Ltd.		534,000		361,253
Shandong Gold Mining Co. Ltd., Class H^(a)(c)		262,000		442,164
Shandong Weigao Group Medical Polymer Co. Ltd., Class H		796,000		980,984
Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H		187,500		751,859
Shanghai Lujiazui Finance & Trade Zone Development Co. Ltd., Class B		277,000		254,784
Shanghai Pharmaceuticals Holding Co. Ltd., Class H		213,700		417,243
Shanghai Pudong Development Bank Co. Ltd., Class A		2,650,752		3,515,746
Shenzhen International Holdings Ltd.		296,500		300,866
Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Class A		31,800		1,613,445
Shenzhou International Group Holdings Ltd.		207,100		3,842,729
Shimao Group Holdings Ltd.^(a)		279,000		205,622
Shimao Services Holdings Ltd.^(c)		146,000		116,700
Silergy Corp.		22,000		2,973,618
Sinopharm Group Co. Ltd., Class H		373,600		835,666
Sinotruk Hong Kong Ltd.		188,000		279,642
Smoore International Holdings Ltd.^(c)		479,000		2,061,052
Sun Art Retail Group Ltd.^(a)		593,500		216,735
Sunac China Holdings Ltd.		673,000		829,352
Sunac Services Holdings Ltd.^(b)(c)		294,000		334,469
Sunny Optical Technology Group Co. Ltd.		207,100		5,346,816
TAL Education Group, ADR^(b)		113,584		324,850
Tencent Holdings Ltd.		1,586,300		99,401,166


Security	Shares		Value

China (continued)
Tencent Music Entertainment Group, ADR^(b)		178,321	$	1,102,024
Tingyi Cayman Islands Holding Corp.		622,000		1,288,651
Tongcheng Travel Holdings Ltd.^(b)		396,800		816,521
Topsports International Holdings Ltd.^(c)		412,000		372,266
TravelSky Technology Ltd., Class H		374,000		699,357
Trip.com Group Ltd., ADR^(b)		143,256		3,812,042
Tsingtao Brewery Co. Ltd., Class H		178,000		1,601,992
Uni-President China Holdings Ltd.		421,000		397,899
Venus MedTech Hangzhou Inc., Class H^(a)(b)(c)		93,000		360,152
Vinda International Holdings Ltd.^(a)		129,000		347,154
Vipshop Holdings Ltd., ADR^(b)		119,864		1,115,934
Vnet Group Inc., ADR^(a)(b)		25,245		250,430
Wanhua Chemical Group Co. Ltd., Class A		141,853		2,045,850
Want Want China Holdings Ltd.^(a)		1,625,000		1,594,314
Weibo Corp., ADR^(a)(b)		17,521		607,103
Weichai Power Co. Ltd., Class H		607,000		1,101,481
Weimob Inc.^(a)(b)(c)		659,000		497,813
Wens Foodstuffs Group Co. Ltd., Class A^(b)		689,316		2,192,987
Wharf Holdings Ltd. (The)		373,200		1,275,434
Wuliangye Yibin Co. Ltd., Class A		94,400		2,968,845
WuXi AppTec Co. Ltd., Class A		142,659		2,370,425
WuXi AppTec Co. Ltd., Class H^(c)		91,712		1,315,449
Wuxi Biologics Cayman Inc., New^(b)(c)		997,000		9,992,696
Xiaomi Corp., Class B^(b)(c)		4,103,200		8,704,399
Xinjiang Goldwind Science & Technology Co. Ltd., Class H^(a)		296,400		516,737
Xinyi Solar Holdings Ltd.		1,402,000		2,249,180
XPeng Inc., ADR^(b)		109,121		3,829,056
Yadea Group Holdings Ltd.^(c)		446,000		635,100
Yihai International Holding Ltd.^(a)		156,000		665,960
Yum China Holdings Inc.		118,813		5,723,222
Zai Lab Ltd., ADR^(a)(b)		22,700		1,127,509
Zhejiang Expressway Co. Ltd., Class H		448,000		383,817
ZhongAn Online P&C Insurance Co. Ltd., Class H^(a)(b)(c)		137,100		472,143
Zhongsheng Group Holdings Ltd.		187,000		1,436,556
Zhuzhou CRRC Times Electric Co. Ltd.		152,900		807,570
Zijin Mining Group Co. Ltd., Class H		1,926,000		2,500,352
Zoomlion Heavy Industry Science and Technology Co. Ltd., Class H		505,000		330,754
ZTE Corp., Class H		205,200		554,500
ZTO Express Cayman Inc., ADR		108,382		3,255,795


				694,849,258

Colombia — 0.0%
Ecopetrol SA		2,469,114		1,816,912
Grupo de Inversiones Suramericana SA		143,390		989,764
Interconexion Electrica SA ESP		26,649		159,309


				2,965,985

Czech Republic — 0.0%
CEZ AS		75,967		2,818,634
Komercni Banka AS		43,859		1,944,853


				4,763,487

Denmark — 0.6%
Ambu A/S, Class B^(a)		49,865		1,056,588
AP Moller - Maersk A/S, Class A		1,975		6,616,751
AP Moller - Maersk A/S, Class B, NVS		538		1,932,573
Carlsberg A/S, Class B		33,011		5,345,491
Chr Hansen Holding A/S		31,583		2,532,812
Coloplast A/S, Class B		26,596		3,867,650


Security	Shares		Value

Denmark (continued)
Danske Bank A/S		187,441	$	3,638,461
Demant A/S^(b)		24,815		1,097,898
DSV A/S		60,179		12,227,208
Genmab A/S^(b)		19,237		6,550,766
GN Store Nord A/S		33,848		2,048,277
Novo Nordisk A/S, Class B		474,308		47,178,585
Novozymes A/S, Class B		60,568		4,157,837
Orsted A/S^(c)		43,220		4,604,875
Pandora A/S		31,423		3,416,929
Tryg A/S		114,211		2,706,322
Vestas Wind Systems A/S		289,083		7,822,699


				116,801,722

Egypt — 0.0%
Commercial International Bank Egypt SAE^(b)		423,208		1,387,171


Finland — 0.3%
Elisa OYJ		32,204		1,891,721
Fortum OYJ		140,066		3,812,559
Kesko OYJ, Class B		78,582		2,481,870
Kone OYJ, Class B		76,639		4,963,460
Neste OYJ		122,523		5,525,728
Nokia OYJ^(b)		1,536,805		9,164,927
Nordea Bank Abp		886,572		10,530,420
Orion OYJ, Class B		23,974		974,848
Sampo OYJ, Class A		139,012		6,899,558
Stora Enso OYJ, Class R		184,976		3,765,565
UPM-Kymmene OYJ		154,734		5,639,511
Wartsila OYJ Abp		158,146		1,952,535


				57,602,702

France — 2.9%
Accor SA^(b)		70,728		2,599,349
Aeroports de Paris^(b)		5,652		766,981
Air Liquide SA		134,599		23,024,402
Airbus SE^(b)		169,008		21,581,176
Alstom SA		83,901		2,720,047
Amundi SA^(c)		12,544		975,124
ArcelorMittal SA		189,781		5,637,260
Arkema SA		24,295		3,592,455
AXA SA		497,581		15,758,886
BioMerieux		10,445		1,224,811
BNP Paribas SA		309,266		22,078,309
Bollore SA		77,745		419,062
Bouygues SA		74,330		2,621,400
Bureau Veritas SA		30,201		864,121
Capgemini SE		49,080		11,033,987
Carrefour SA		179,078		3,408,139
Cie. de Saint-Gobain		153,000		10,353,122
Cie. Generale des Etablissements Michelin SCA		53,087		8,882,719
CNP Assurances		39,111		962,724
Covivio		9,045		755,331
Credit Agricole SA		320,695		4,824,678
Danone SA		171,319		10,681,922
Dassault Systemes SE		147,373		7,126,718
Edenred		86,354		3,709,108
Eiffage SA		15,205		1,597,638
Electricite de France SA		120,895		1,162,793
Engie SA		521,569		8,022,671
EssilorLuxottica SA		81,813		15,477,827
Eurazeo SE		3,235		257,048
Eurofins Scientific SE		31,663		3,179,056


Security	Shares		Value

France (continued)
Faurecia SE		20,898	$	926,368
Gecina SA		5,927		804,248
Getlink SE		192,299		3,033,490
Hermes International		9,013		13,532,289
Ipsen SA		10,773		1,048,221
Kering SA		21,248		15,867,258
Klepierre SA		37,921		1,008,632
La Francaise des Jeux SAEM^(c)		26,670		1,104,234
Legrand SA		80,814		8,224,686
L’Oreal SA		71,547		30,561,060
LVMH Moet Hennessy Louis Vuitton SE		77,733		63,848,115
Orange SA		390,725		4,590,024
Orpea SA		12,481		547,968
Pernod Ricard SA		62,142		13,292,133
Publicis Groupe SA		76,960		5,214,877
Remy Cointreau SA		4,015		837,261
Renault SA^(b)		63,603		2,527,737
Safran SA		92,753		11,229,533
Sanofi		318,957		33,350,785
Sartorius Stedim Biotech		6,775		2,970,913
Schneider Electric SE		157,882		26,744,471
SEB SA		5,107		775,089
Societe Generale SA		208,165		7,727,154
Sodexo SA		14,360		1,335,532
Teleperformance		12,517		4,713,767
Thales SA		20,704		1,909,891
TotalEnergies SE		703,325		39,996,279
Ubisoft Entertainment SA^(b)		29,361		1,684,866
Unibail-Rodamco-Westfield^(a)(b)		35,999		2,743,023
Valeo		77,184		2,160,272
Veolia Environnement SA		201,063		7,263,355
Vinci SA		144,298		15,816,003
Vivendi SE		226,722		2,971,275
Wendel SE		14,952		1,624,031
Worldline SA/France^(b)(c)		69,087		3,348,659


				530,632,363

Germany — 2.1%
adidas AG		53,939		14,801,789
Allianz SE, Registered		112,642		28,921,117
Aroundtown SA		279,398		1,725,711
BASF SE		253,199		19,392,230
Bayer AG, Registered		279,978		17,009,743
Bayerische Motoren Werke AG		98,187		10,392,397
Bechtle AG		24,411		1,465,695
Beiersdorf AG		25,708		2,557,008
Brenntag SE		30,873		2,645,083
Carl Zeiss Meditec AG, Bearer		10,635		1,710,323
Commerzbank AG^(b)		302,251		2,610,029
Continental AG^(b)		30,649		2,971,424
Covestro AG^(c)		60,002		3,599,699
Daimler AG, Registered		242,863		19,378,944
Daimler Truck Holding AG^(b)		123,846		4,366,051
Delivery Hero SE^(b)(c)		39,609		3,057,417
Deutsche Bank AG, Registered^(b)		573,352		7,983,079
Deutsche Boerse AG		54,147		9,624,759
Deutsche Lufthansa AG, Registered^(b)		138,276		1,075,209
Deutsche Post AG, Registered		284,677		17,132,029
Deutsche Telekom AG, Registered		956,925		18,065,763
E.ON SE		638,790		8,810,492
Evonik Industries AG		44,116		1,439,226


Security	Shares		Value

Germany (continued)
Fresenius Medical Care AG & Co. KGaA		53,052	$	3,607,184
Fresenius SE & Co. KGaA		116,520		4,809,987
GEA Group AG		55,600		2,626,830
Hannover Rueck SE		12,410		2,503,620
HeidelbergCement AG		40,349		2,807,829
HelloFresh SE^(b)		49,403		3,289,287
Henkel AG & Co. KGaA		32,090		2,535,462
Infineon Technologies AG		378,698		15,726,473
KION Group AG		15,807		1,461,409
Knorr-Bremse AG		12,265		1,243,544
LANXESS AG		28,758		1,750,937
LEG Immobilien SE		16,406		2,176,399
Merck KGaA		38,872		8,524,562
MTU Aero Engines AG		16,283		3,464,846
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen, Registered		39,501		12,505,420
Nemetschek SE		19,720		1,822,762
Puma SE		31,369		3,354,993
Rational AG		946		793,047
RWE AG		180,119		7,597,827
SAP SE		291,590		36,583,232
Scout24 SE^(c)		25,909		1,547,918
Siemens AG, Registered		213,301		33,866,035
Siemens Healthineers AG^(c)		61,156		3,930,022
Symrise AG		26,945		3,219,911
Telefonica Deutschland Holding AG		210,293		603,703
Uniper SE		41,367		1,871,848
United Internet AG, Registered^(e)		24,593		964,455
Volkswagen AG		2,514		727,999
Vonovia SE		201,035		11,450,105
Zalando SE^(b)(c)		62,055		4,925,175


				383,028,038

Greece — 0.0%
Hellenic Telecommunications Organization SA		33,207		645,456
JUMBO SA		65,225		970,174
OPAP SA		28,613		424,988


				2,040,618

Hong Kong — 0.7%
AIA Group Ltd.		3,403,600		35,532,938
BOC Hong Kong Holdings Ltd.		755,500		2,917,240
Budweiser Brewing Co. APAC Ltd.^(c)		482,700		1,275,069
China Youzan Ltd.^(a)(b)		5,272,000		204,617
CK Asset Holdings Ltd.		610,516		4,075,443
CK Hutchison Holdings Ltd.		647,016		4,598,552
CK Infrastructure Holdings Ltd.		207,500		1,278,691
CLP Holdings Ltd.		470,500		4,708,530
ESR Cayman Ltd.^(b)(c)		644,400		2,184,967
Futu Holdings Ltd., ADR^(a)(b)		17,111		740,051
Galaxy Entertainment Group Ltd.^(b)		522,000		3,023,039
Hang Lung Properties Ltd.		610,000		1,303,390
Hang Seng Bank Ltd.		211,500		4,187,236
Henderson Land Development Co. Ltd.		299,003		1,307,598
HK Electric Investments & HK Electric Investments Ltd., Class SS		1,073,000		1,067,901
HKT Trust & HKT Ltd., Class SS		1,215,000		1,657,983
Hong Kong & China Gas Co. Ltd.		3,372,040		5,197,185
Hong Kong Exchanges & Clearing Ltd.		295,000		16,837,329
Hongkong Land Holdings Ltd.^(a)		335,100		1,814,872
Huabao International Holdings Ltd.^(a)		233,000		143,762


Security	Shares		Value

Hong Kong (continued)
Hutchmed China Ltd., ADR^(b)		29,391	$	800,611
Jardine Matheson Holdings Ltd.		54,100		3,195,305
Link REIT		589,800		5,063,733
Melco Resorts & Entertainment Ltd., ADR^(b)		77,103		814,208
MTR Corp. Ltd.^(a)		354,000		1,916,140
New World Development Co. Ltd.		483,916		1,975,495
Power Assets Holdings Ltd.		415,500		2,553,084
Sands China Ltd.^(b)		680,800		1,898,378
Sino Biopharmaceutical Ltd.		3,093,000		2,133,097
Sino Land Co. Ltd.		550,000		712,632
SITC International Holdings Co. Ltd.^(a)		413,000		1,574,182
Sun Hung Kai Properties Ltd.		291,000		3,550,347
Swire Pacific Ltd., Class A		136,000		823,899
Swire Properties Ltd.		195,800		521,948
Techtronic Industries Co. Ltd.		371,500		6,129,784
WH Group Ltd.^(c)		3,129,500		2,093,666
Wharf Real Estate Investment Co. Ltd.		476,200		2,264,822
Xinyi Glass Holdings Ltd.		547,000		1,450,078
Yuexiu Property Co. Ltd.		381,000		387,132


				133,914,934

Hungary — 0.0%
MOL Hungarian Oil & Gas PLC		52,196		455,174
OTP Bank Nyrt^(b)		75,510		4,381,629
Richter Gedeon Nyrt		14,254		375,690


				5,212,493

India — 1.4%
Adani Enterprises Ltd.		79,307		1,838,005
Adani Green Energy Ltd.^(b)		122,132		3,100,527
Adani Ports & Special Economic Zone Ltd.		172,321		1,667,885
Adani Total Gas Ltd.		77,919		1,901,705
Adani Transmission Ltd.^(b)		79,307		2,118,743
Ambuja Cements Ltd.		110,208		542,550
Apollo Hospitals Enterprise Ltd.		32,722		1,966,097
Asian Paints Ltd.		124,877		5,291,791
Aurobindo Pharma Ltd.		104,792		894,716
Avenue Supermarts Ltd.^(b)(c)		45,049		2,497,880
Axis Bank Ltd.^(b)		577,306		6,045,896
Bajaj Auto Ltd.		20,243		970,967
Bajaj Finance Ltd.		82,028		7,768,946
Bajaj Finserv Ltd.		12,935		2,742,586
Bandhan Bank Ltd.^(c)		184,727		786,780
Bharat Electronics Ltd.		296,192		838,486
Bharat Forge Ltd.		59,083		585,441
Bharat Petroleum Corp. Ltd.		207,567		1,111,495
Bharti Airtel Ltd.^(b)		714,659		7,019,310
Biocon Ltd.^(b)		133,312		658,445
Britannia Industries Ltd.		33,132		1,575,376
Cholamandalam Investment and Finance Co. Ltd.		127,637		1,084,646
Cipla Ltd.		147,549		1,873,110
Colgate-Palmolive India Ltd.		32,670		625,503
Container Corp. of India Ltd.		90,484		789,498
Dabur India Ltd.		160,902		1,161,259
Divi’s Laboratories Ltd.		42,055		2,283,664
DLF Ltd.		194,177		1,028,282
Dr. Reddy’s Laboratories Ltd.		37,186		2,149,721
Eicher Motors Ltd.		43,508		1,553,729
GAIL India Ltd.		451,947		881,284
Godrej Consumer Products Ltd.^(b)		94,801		1,134,227
Godrej Properties Ltd.^(b)		33,400		772,657


Security	Shares		Value

India (continued)
Grasim Industries Ltd.		83,399	$	1,942,021
Havells India Ltd.		78,137		1,248,966
HCL Technologies Ltd.		325,151		4,825,491
HDFC Asset Management Co. Ltd.^(c)		17,205		511,493
HDFC Life Insurance Co. Ltd.^(c)		273,772		2,295,037
Hero MotoCorp Ltd.		35,403		1,300,764
Hindalco Industries Ltd.		411,971		2,731,056
Hindustan Unilever Ltd.		240,357		7,349,458
Housing Development Finance Corp. Ltd.		496,726		16,948,657
ICICI Bank Ltd.		1,290,087		13,859,591
ICICI Lombard General Insurance Co. Ltd.^(c)		50,179		927,552
Indian Railway Catering & Tourism Corp.		75,418		885,499
Indraprastha Gas Ltd.		104,676		553,916
Info Edge India Ltd.		25,353		1,678,121
Infosys Ltd.		981,220		23,085,850
InterGlobe Aviation Ltd.^(b)(c)		39,590		991,632
ITC Ltd.		943,988		2,803,573
JSW Steel Ltd.		263,197		2,242,300
Jubilant Foodworks Ltd.		25,841		1,178,996
Kotak Mahindra Bank Ltd.		179,557		4,500,586
Larsen & Toubro Infotech Ltd.^(c)		14,120		1,195,030
Larsen & Toubro Ltd.		191,320		4,930,470
Lupin Ltd.		84,591		1,033,788
Mahindra & Mahindra Ltd.		233,488		2,792,713
Marico Ltd.		148,901		966,163
Maruti Suzuki India Ltd.		39,320		4,555,375
Mindtree Ltd.		20,341		1,101,762
Motherson Sumi Systems Ltd.		340,369		825,478
Motherson Sumi Wiring India Ltd., NVS		340,369		211,959
Nestle India Ltd.		8,674		2,162,965
NTPC Ltd.		1,112,071		2,132,617
Oil & Natural Gas Corp. Ltd.		689,900		1,613,190
Page Industries Ltd.		1,783		1,018,436
PI Industries Ltd.		20,687		678,929
Pidilite Industries Ltd.		44,530		1,470,500
Piramal Enterprises Ltd.		34,329		1,108,116
Power Grid Corp. of India Ltd.		697,444		2,021,400
Reliance Industries Ltd.		821,767		26,483,223
SBI Life Insurance Co. Ltd.^(c)		134,576		2,236,779
Shree Cement Ltd.		3,026		989,398
Shriram Transport Finance Co. Ltd.		61,881		1,027,512
Siemens Ltd.		19,968		625,969
SRF Ltd.		44,006		1,423,399
State Bank of India		552,019		4,020,132
Sun Pharmaceutical Industries Ltd.		274,902		3,088,401
Tata Consultancy Services Ltd.		264,866		13,337,545
Tata Consumer Products Ltd.		189,405		1,854,501
Tata Motors Ltd.^(b)		494,412		3,410,948
Tata Power Co. Ltd. (The)		436,976		1,454,655
Tata Steel Ltd.		215,676		3,180,254
Tech Mahindra Ltd.		193,550		3,863,589
Titan Co. Ltd.		104,512		3,332,484
UltraTech Cement Ltd.		29,524		2,869,395
UPL Ltd.		159,126		1,667,173
Vedanta Ltd.		221,160		964,721
Wipro Ltd.		393,589		3,038,850
Zomato Ltd.^(b)		502,453		612,381


				268,421,966

Indonesia — 0.2%
Adaro Energy Tbk PT		4,121,700		645,383


Security	Shares		Value

Indonesia (continued)
Astra International Tbk PT		7,471,000	$	2,859,353
Bank Central Asia Tbk PT		12,955,300		6,890,886
Bank Mandiri Persero Tbk PT		4,873,814		2,553,919
Bank Negara Indonesia Persero Tbk PT		3,139,888		1,611,532
Bank Rakyat Indonesia Persero Tbk PT		18,693,530		5,320,840
Barito Pacific Tbk PT		7,598,500		472,118
Charoen Pokphand Indonesia Tbk PT		2,570,245		1,129,373
Gudang Garam Tbk PT		125,300		267,415
Indah Kiat Pulp & Paper Tbk PT		682,500		362,957
Indocement Tunggal Prakarsa Tbk PT		800,000		612,859
Indofood Sukses Makmur Tbk PT		2,751,900		1,213,582
Kalbe Farma Tbk PT		8,902,700		1,015,188
Merdeka Copper Gold Tbk PT^(b)		3,997,300		1,021,881
Semen Indonesia Persero Tbk PT		1,422,700		670,051
Telkom Indonesia Persero Tbk PT		12,255,100		3,589,219
Unilever Indonesia Tbk PT		3,045,400		856,523
United Tractors Tbk PT		773,706		1,250,959


				32,344,038

Ireland — 0.6%
CRH PLC		250,774		12,586,444
Flutter Entertainment PLC, Class DI^(b)		42,499		6,465,957
Horizon Therapeutics PLC^(b)		60,754		5,670,171
Kerry Group PLC, Class A		57,766		7,278,375
Kingspan Group PLC		28,810		2,773,165
Linde PLC		143,369		45,688,833
Seagate Technology Holdings PLC		60,611		6,494,469
Smurfit Kappa Group PLC		93,269		4,915,801
STERIS PLC		22,769		5,109,364
Trane Technologies PLC		68,365		11,833,981


				108,816,560

Israel — 0.2%
Azrieli Group Ltd		10,219		923,953
Bank Hapoalim BM		207,863		2,157,147
Bank Leumi Le-Israel BM		221,435		2,374,888
Check Point Software Technologies Ltd.^(b)		25,229		3,052,961
CyberArk Software Ltd.^(a)(b)		11,340		1,555,281
Elbit Systems Ltd		7,103		1,183,238
Fiverr International Ltd.^(a)(b)		8,554		729,742
ICL Group Ltd.		308,172		2,786,959
Inmode Ltd.^(a)(b)		18,333		884,201
Isracard Ltd		1		5
Israel Discount Bank Ltd., Class A		219,728		1,473,462
Kornit Digital Ltd.^(a)(b)		13,483		1,416,524
Mizrahi Tefahot Bank Ltd		67,788		2,620,512
Nice Ltd.^(b)		19,086		4,885,589
Teva Pharmaceutical Industries Ltd., ADR^(a)(b)		321,697		2,711,906
Wix.com Ltd.^(a)(b)		15,680		2,059,882


				30,816,250

Italy — 0.5%
Amplifon SpA		29,563		1,256,607
Assicurazioni Generali SpA		276,540		5,819,714
Atlantia SpA^(b)		159,258		2,955,076
DiaSorin SpA		7,204		1,110,578
Enel SpA		2,246,275		17,288,675
Eni SpA		676,260		10,158,230
Ferrari NV		36,552		8,424,234
FinecoBank Banca Fineco SpA		153,952		2,588,282
Infrastrutture Wireless Italiane SpA^(c)		45,609		491,775
Intesa Sanpaolo SpA		4,212,544		12,519,000


Security	Shares		Value

Italy (continued)
Mediobanca Banca di Credito Finanziario SpA		231,621	$	2,653,592
Moncler SpA		42,539		2,730,134
Nexi SpA^(b)(c)		145,991		2,135,478
Poste Italiane SpA^(c)		103,000		1,382,528
Prysmian SpA		53,729		1,811,824
Recordati Industria Chimica e Farmaceutica SpA		52,011		2,913,682
Snam SpA		660,604		3,701,813
Telecom Italia SpA		2,848,268		1,342,331
Tenaris SA		160,669		1,961,272
Terna - Rete Elettrica Nazionale		602,548		4,734,468
UniCredit SpA		584,996		9,297,584


				97,276,877

Japan — 5.5%
Advantest Corp.		50,300		4,281,161
Aeon Co. Ltd.		171,000		3,896,602
AGC Inc.		46,400		2,129,546
Aisin Corp.		44,000		1,597,771
Ajinomoto Co. Inc.		130,000		3,627,193
Asahi Group Holdings Ltd.		124,900		5,098,506
Asahi Intecc Co. Ltd.		65,200		1,112,376
Asahi Kasei Corp.		392,800		3,880,047
Astellas Pharma Inc.		516,900		8,343,057
Bandai Namco Holdings Inc.		49,000		3,444,119
Benefit One Inc.		32,500		988,433
Bridgestone Corp.		152,100		6,660,645
Brother Industries Ltd.		70,500		1,298,332
Canon Inc.		264,400		6,253,252
Capcom Co. Ltd.		53,100		1,281,873
Central Japan Railway Co.		35,200		4,618,613
Chubu Electric Power Co. Inc.		142,000		1,422,258
Chugai Pharmaceutical Co. Ltd.		189,700		6,161,411
Concordia Financial Group Ltd.		617,400		2,537,115
Cosmos Pharmaceutical Corp.		7,400		924,147
CyberAgent Inc.		111,800		1,303,611
Dai Nippon Printing Co. Ltd.		83,800		2,011,629
Daifuku Co. Ltd.		24,600		1,707,849
Dai-ichi Life Holdings Inc.		295,700		6,656,045
Daiichi Sankyo Co. Ltd.		488,900		10,985,575
Daikin Industries Ltd.		68,900		14,465,145
Daito Trust Construction Co. Ltd.		17,000		1,949,331
Daiwa House Industry Co. Ltd.		143,800		4,196,539
Daiwa House REIT Investment Corp.		851		2,535,100
Daiwa Securities Group Inc.		402,800		2,427,151
Denso Corp.		118,000		8,806,774
Dentsu Group Inc.		59,400		2,057,127
Disco Corp.		8,600		2,364,602
East Japan Railway Co.		73,500		4,197,062
Eisai Co. Ltd.		59,500		2,980,059
ENEOS Holdings Inc.		881,980		3,512,595
FANUC Corp.		50,100		9,907,191
Fast Retailing Co. Ltd.		15,200		8,944,665
Fuji Electric Co. Ltd.		35,800		1,913,376
FUJIFILM Holdings Corp.		102,700		6,884,597
Fujitsu Ltd.		48,800		6,451,278
GLP J-REIT		1,544		2,485,241
GMO Payment Gateway Inc.		13,700		1,202,200
Hakuhodo DY Holdings Inc.		59,100		905,278
Hamamatsu Photonics KK		53,100		2,716,664
Hankyu Hanshin Holdings Inc.		58,700		1,709,429
Hikari Tsushin Inc.		6,500		780,421


Security	Shares		Value

Japan (continued)
Hirose Electric Co. Ltd.		11,700	$	1,743,976
Hitachi Ltd.		263,900		13,716,467
Hitachi Metals Ltd.^(b)		60,100		1,083,764
Honda Motor Co. Ltd.		441,400		13,000,453
Hoshizaki Corp.		14,200		1,049,300
Hoya Corp.		101,800		13,200,238
Hulic Co. Ltd.		124,800		1,206,274
Ibiden Co. Ltd.		34,800		1,944,637
Idemitsu Kosan Co. Ltd.		65,400		1,675,655
Iida Group Holdings Co. Ltd.		36,200		753,127
Inpex Corp.		319,800		3,233,015
Isuzu Motors Ltd.		150,500		1,843,625
Ito En Ltd.		18,300		985,713
ITOCHU Corp.		317,900		10,213,003
Itochu Techno-Solutions Corp.		33,500		913,884
Japan Exchange Group Inc.		131,800		2,711,237
Japan Metropolitan Fund Invest		1,956		1,648,346
Japan Post Bank Co. Ltd.		252,700		2,486,001
Japan Post Holdings Co. Ltd.		835,800		7,133,996
Japan Post Insurance Co. Ltd.		50,200		880,190
Japan Real Estate Investment Corp.		342		1,880,639
Japan Tobacco Inc.		317,000		6,328,866
JFE Holdings Inc.		139,800		1,795,989
JSR Corp.		58,300		1,932,539
Kajima Corp.		224,400		2,710,214
Kakaku.com Inc.		46,200		956,874
Kansai Electric Power Co. Inc. (The)		220,300		2,079,439
Kansai Paint Co. Ltd.		49,500		1,027,511
Kao Corp.		150,100		7,500,730
KDDI Corp.		432,300		13,811,425
Keio Corp.		26,500		1,191,986
Keisei Electric Railway Co. Ltd.		35,800		1,010,317
Keyence Corp.		51,200		26,261,627
Kikkoman Corp.		39,900		3,015,958
Kintetsu Group Holdings Co. Ltd.^(b)		48,700		1,415,004
Kirin Holdings Co. Ltd.		228,300		3,659,225
Kobayashi Pharmaceutical Co. Ltd.		14,600		1,136,945
Kobe Bussan Co. Ltd.		40,900		1,273,192
Koito Manufacturing Co. Ltd.		23,600		1,184,968
Komatsu Ltd.		246,100		6,184,232
Konami Holdings Corp.		28,100		1,514,865
Kose Corp.		8,800		804,580
Kubota Corp.		296,200		6,352,165
Kyocera Corp.		83,800		5,168,055
Kyowa Kirin Co. Ltd.		77,700		1,936,656
Lasertec Corp.		19,300		4,329,711
Lawson Inc.		13,200		578,544
Lion Corp.		62,700		819,234
Lixil Corp.		61,300		1,403,166
M3 Inc.		119,200		4,582,833
Makita Corp.		57,200		2,140,620
Marubeni Corp.		510,300		5,250,956
Mazda Motor Corp.^(b)		221,500		1,706,381
McDonald’s Holdings Co. Japan Ltd.		37,300		1,628,907
Medipal Holdings Corp.		32,000		575,842
MEIJI Holdings Co. Ltd.		27,900		1,740,446
Mercari Inc.^(b)		36,000		1,359,567
MinebeaMitsumi Inc.		110,600		2,706,446
Misumi Group Inc.		92,000		2,984,653
Mitsubishi Chemical Holdings Corp.		323,000		2,533,671


Security	Shares		Value

Japan (continued)
Mitsubishi Corp.		351,300	$	11,927,485
Mitsubishi Electric Corp.		499,200		6,251,680
Mitsubishi Estate Co. Ltd.		300,900		4,333,689
Mitsubishi Gas Chemical Co. Inc.		41,400		793,030
Mitsubishi Heavy Industries Ltd.		80,400		2,183,615
Mitsubishi UFJ Financial Group Inc.		3,504,100		21,239,330
Mitsui & Co. Ltd.		407,800		10,168,644
Mitsui Chemicals Inc.		44,100		1,179,438
Mitsui Fudosan Co. Ltd.		231,300		4,958,455
Miura Co. Ltd.		23,800		702,698
Mizuho Financial Group Inc.		663,590		8,988,991
MonotaRO Co. Ltd.		83,900		1,378,544
MS&AD Insurance Group Holdings Inc.		125,800		4,314,879
Murata Manufacturing Co. Ltd.		150,600		11,322,600
NEC Corp.		63,900		2,492,949
Nexon Co. Ltd.		133,800		2,522,346
NGK Insulators Ltd.		59,700		1,008,794
Nidec Corp.		120,200		10,653,301
Nihon M&A Center Holdings Inc.		105,200		1,656,186
Nintendo Co. Ltd.		29,200		14,309,208
Nippon Building Fund Inc.		478		2,768,164
Nippon Express Holdings Co., NVS		16,900		1,001,557
Nippon Paint Holdings Co. Ltd.		208,200		1,665,062
Nippon Prologis REIT Inc.		746		2,327,697
Nippon Sanso Holdings Corp.		48,500		963,151
Nippon Shinyaku Co. Ltd.		15,400		1,006,710
Nippon Steel Corp.		237,034		3,874,215
Nippon Telegraph & Telephone Corp.		345,700		9,893,150
Nippon Yusen KK		41,900		3,284,680
Nissan Chemical Corp.		33,600		1,823,078
Nissan Motor Co. Ltd.^(b)		637,500		3,374,024
Nisshin Seifun Group Inc.		50,700		711,939
Nissin Foods Holdings Co. Ltd.		17,300		1,227,134
Nitori Holdings Co. Ltd.		19,600		2,807,947
Nitto Denko Corp.		37,300		2,904,164
Nomura Holdings Inc.		889,700		3,930,291
Nomura Real Estate Holdings Inc.		20,400		477,703
Nomura Real Estate Master Fund Inc.		1,195		1,657,982
Nomura Research Institute Ltd.		87,000		3,045,511
NTT Data Corp.		170,900		3,276,278
Obayashi Corp.		341,700		2,768,503
Obic Co. Ltd.		18,500		3,056,601
Odakyu Electric Railway Co. Ltd.		76,600		1,353,580
Oji Holdings Corp.		189,200		1,007,126
Olympus Corp.		309,900		6,934,647
Omron Corp.		44,800		3,275,304
Ono Pharmaceutical Co. Ltd.		105,800		2,565,830
Open House Group Co. Ltd.		28,800		1,491,068
Oracle Corp. Japan		13,700		1,024,630
Oriental Land Co. Ltd./Japan		49,300		8,582,310
ORIX Corp.		351,900		7,258,684
Orix JREIT Inc.		741		1,063,375
Osaka Gas Co. Ltd.		89,700		1,525,473
Otsuka Corp.		30,800		1,249,765
Otsuka Holdings Co. Ltd.		111,100		3,790,433
Pan Pacific International Holdings Corp.		117,900		1,586,796
Panasonic Corp.		620,200		6,828,095
Persol Holdings Co. Ltd.		61,200		1,579,927
Pola Orbis Holdings Inc.		24,700		368,138
Rakuten Group Inc.^(b)		243,300		2,110,719


Security	Shares		Value

Japan (continued)
Recruit Holdings Co. Ltd.		374,300	$	18,501,116
Renesas Electronics Corp.^(b)		341,600		3,920,478
Resona Holdings Inc.		608,800		2,616,279
Ricoh Co. Ltd.		186,900		1,578,261
Rinnai Corp.		11,300		1,009,146
Rohm Co. Ltd.		23,600		1,987,996
Ryohin Keikaku Co. Ltd.		64,700		929,051
Santen Pharmaceutical Co. Ltd.		109,500		1,243,282
SBI Holdings Inc.		67,130		1,731,672
SCSK Corp.		50,000		846,072
Secom Co. Ltd.		54,800		3,858,690
Seiko Epson Corp.		81,100		1,263,254
Sekisui Chemical Co. Ltd.		101,500		1,774,625
Sekisui House Ltd.		151,400		3,067,388
Seven & i Holdings Co. Ltd.		206,500		10,502,308
SG Holdings Co. Ltd.		83,600		1,774,683
Sharp Corp./Japan		53,700		596,935
Shimadzu Corp.		68,300		2,464,382
Shimano Inc.		18,500		4,148,479
Shimizu Corp.		141,500		942,168
Shin-Etsu Chemical Co. Ltd.		97,500		16,312,655
Shionogi & Co. Ltd.		67,300		3,835,606
Shiseido Co. Ltd.		109,600		5,528,661
Shizuoka Bank Ltd. (The)		286,700		2,252,736
SMC Corp.		15,000		8,366,422
Softbank Corp.		796,200		9,981,053
SoftBank Group Corp.		325,800		14,432,790
Sohgo Security Services Co. Ltd.		16,800		609,295
Sompo Holdings Inc.		79,400		3,715,399
Sony Group Corp.		341,000		38,147,147
Square Enix Holdings Co. Ltd.		23,700		1,162,199
Stanley Electric Co. Ltd.		27,800		649,807
Subaru Corp.		159,400		2,901,295
SUMCO Corp.		95,600		1,762,489
Sumitomo Chemical Co. Ltd.		358,000		1,805,412
Sumitomo Corp.		338,000		5,223,928
Sumitomo Dainippon Pharma Co. Ltd.		56,500		614,959
Sumitomo Electric Industries Ltd.		210,400		2,789,587
Sumitomo Metal Mining Co. Ltd.		71,400		3,297,944
Sumitomo Mitsui Financial Group Inc.		349,000		12,571,312
Sumitomo Mitsui Trust Holdings Inc.		75,708		2,618,073
Sumitomo Realty & Development Co. Ltd.		74,000		2,289,573
Suntory Beverage & Food Ltd.		35,500		1,363,154
Suzuki Motor Corp.		103,500		4,406,421
Sysmex Corp.		41,500		3,950,422
T&D Holdings Inc.		170,900		2,525,612
Taisei Corp.		90,400		2,963,407
Takeda Pharmaceutical Co. Ltd.		431,934		12,518,823
TDK Corp.		105,800		3,820,954
Terumo Corp.		183,700		6,705,753
TIS Inc.		76,600		2,014,631
Tobu Railway Co. Ltd.		52,000		1,218,006
Toho Co. Ltd./Tokyo		39,300		1,522,390
Tokio Marine Holdings Inc.		163,900		9,780,512
Tokyo Century Corp.		11,300		557,648
Tokyo Electric Power Co. Holdings Inc.^(b)		435,300		1,159,748
Tokyo Electron Ltd.		39,000		19,076,186
Tokyo Gas Co. Ltd.		106,600		2,152,439
Tokyu Corp.		139,600		1,854,981
Toppan Inc.		87,900		1,672,037


Security	Shares		Value

Japan (continued)
Toray Industries Inc.		414,000	$	2,616,402
Toshiba Corp.		109,000		4,513,693
Tosoh Corp.		54,200		848,040
TOTO Ltd.		35,400		1,523,632
Toyo Suisan Kaisha Ltd.		23,300		954,666
Toyota Industries Corp.		33,500		2,613,287
Toyota Motor Corp.		2,947,200		58,246,017
Toyota Tsusho Corp.		50,100		2,031,730
Trend Micro Inc/Japan^(b)		38,000		2,015,999
Tsuruha Holdings Inc.		11,700		942,369
Unicharm Corp.		109,000		4,212,142
USS Co. Ltd.		99,700		1,627,173
Welcia Holdings Co. Ltd.		33,600		907,463
West Japan Railway Co.		52,400		2,195,757
Yakult Honsha Co. Ltd.		35,300		1,789,762
Yamaha Corp.		35,800		1,630,874
Yamaha Motor Co. Ltd.		73,600		1,752,674
Yamato Holdings Co. Ltd.		71,800		1,528,926
Yaskawa Electric Corp.		59,300		2,482,912
Yokogawa Electric Corp.		67,900		1,112,575
Z Holdings Corp.		675,400		3,430,131
ZOZO Inc.		36,900		983,290


				1,022,185,418

Kuwait — 0.1%
Agility Public Warehousing Co. KSC		490,119		1,631,405
Boubyan Bank KSCP^(b)		1,091,327		2,905,990
Kuwait Finance House KSCP		1,307,673		3,915,384
Mabanee Co. KPSC		337,770		920,278
Mobile Telecommunications Co. KSCP		1,344,047		2,656,170
National Bank of Kuwait SAKP		1,361,916		4,668,552


				16,697,779

Malaysia — 0.2%
Axiata Group Bhd		352,300		313,118
CIMB Group Holdings Bhd		1,797,000		2,238,506
Dialog Group Bhd		1,739,400		1,067,224
DiGi.Com Bhd		1,803,100		1,639,306
Genting Bhd		1,226,500		1,284,618
Genting Malaysia Bhd		423,900		277,544
Hartalega Holdings Bhd		480,900		675,592
Hong Leong Bank Bhd		276,400		1,281,128
Hong Leong Financial Group Bhd		416,400		1,817,235
IHH Healthcare Bhd		1,358,800		2,093,958
Malayan Banking Bhd		432,100		854,330
Malaysia Airports Holdings Bhd^(b)		505,500		688,412
Maxis Bhd		1,231,000		1,244,546
MISC Bhd		388,900		649,102
Petronas Chemicals Group Bhd		600,100		1,274,612
Petronas Gas Bhd		472,700		1,920,667
PPB Group Bhd		155,800		591,113
Press Metal Aluminium Holdings Bhd		1,506,400		2,217,041
Public Bank Bhd		3,481,150		3,506,576
Telekom Malaysia Bhd		428,000		517,424
Tenaga Nasional Bhd		682,000		1,496,079
Top Glove Corp. Bhd^(a)		1,424,100		724,724


				28,372,855

Mexico — 0.2%
America Movil SAB de CV, Series L, NVS		9,427,200		8,870,562
Cemex SAB de CV, NVS^(b)		5,236,154		3,198,349
Coca-Cola Femsa SAB de CV		43,900		230,417


Security	Shares		Value

Mexico (continued)
Fibra Uno Administracion SA de CV		573,900	$	589,814
Fomento Economico Mexicano SAB de CV		607,700		4,572,185
Gruma SAB de CV, Class B		38,720		506,431
Grupo Aeroportuario del Pacifico SAB de CV, Class B		89,300		1,227,767
Grupo Aeroportuario del Sureste SAB de CV, Class B		45,435		919,955
Grupo Bimbo SAB de CV, Series A		326,100		1,021,078
Grupo Carso SAB de CV, Series A1		29,300		81,943
Grupo Financiero Banorte SAB de CV, Class O		787,800		4,993,066
Grupo Financiero Inbursa SAB de CV, Class O^(b)		50,400		72,688
Grupo Mexico SAB de CV, Series B		1,128,428		4,846,201
Grupo Televisa SAB, CPO		825,400		1,682,171
Industrias Penoles SAB de CV		32,305		346,087
Kimberly-Clark de Mexico SAB de CV, Class A		259,300		374,595
Megacable Holdings SAB de CV, CPO		7,100		22,868
Orbia Advance Corp. SAB de CV		632,223		1,476,352
Wal-Mart de Mexico SAB de CV		1,525,900		5,188,415


				40,220,944

Netherlands — 1.4%
ABN AMRO Bank NV, CVA^(c)		106,174		1,703,993
Adyen NV^(b)(c)		5,368		10,923,329
Aegon NV		571,887		3,226,297
Akzo Nobel NV		59,030		6,110,057
Argenx SE^(b)		12,573		3,364,432
ASM International NV		12,823		4,405,731
ASML Holding NV		115,178		78,009,423
CNH Industrial NV		322,953		4,922,479
Davide Campari-Milano NV		242,914		3,049,858
Euronext NV^(c)		15,214		1,466,817
EXOR NV		19,468		1,632,410
Heineken Holding NV		14,162		1,241,611
Heineken NV		74,362		7,975,075
IMCD NV		14,072		2,420,663
ING Groep NV		1,075,917		15,911,846
Just Eat Takeaway.com NV^(b)(c)		47,642		2,352,602
Koninklijke Ahold Delhaize NV		293,533		9,517,690
Koninklijke DSM NV		52,060		9,759,189
Koninklijke KPN NV		1,071,764		3,535,220
Koninklijke Philips NV		248,742		8,273,976
NN Group NV		80,592		4,510,100
NXP Semiconductors NV^(a)		76,259		15,666,649
Prosus NV		261,056		21,718,779
QIAGEN NV^(b)		55,502		2,743,588
Randstad NV		21,540		1,401,256
Stellantis NV		576,663		11,134,710
STMicroelectronics NV		192,670		9,059,484
Universal Music Group NV		210,201		5,189,680
Wolters Kluwer NV		80,967		8,240,706


				259,467,650

New Zealand — 0.1%
Auckland International Airport Ltd.^(b)		530,853		2,519,903
Fisher & Paykel Healthcare Corp. Ltd.		184,534		3,395,153
Meridian Energy Ltd.		274,806		792,147
Ryman Healthcare Ltd.		88,717		580,105
Spark New Zealand Ltd.		261,830		748,344
Xero Ltd.^(b)		37,346		3,025,230


				11,060,882

Norway — 0.2%
Adevinta ASA^(b)		71,141		746,365
DNB Bank ASA		270,923		6,448,020


Security	Shares		Value

Norway (continued)
Equinor ASA		291,814	$	8,044,675
Gjensidige Forsikring ASA		33,914		828,400
Mowi ASA		96,624		2,371,531
Norsk Hydro ASA		307,078		2,359,989
Orkla ASA		252,199		2,410,114
Schibsted ASA, Class B		39,809		1,038,418
Telenor ASA		219,962		3,635,210
Yara International ASA		60,722		3,117,942


				31,000,664

Peru — 0.0%
Cia. de Minas Buenaventura SAA, ADR^(b)		79,572		644,533
Credicorp Ltd.		18,213		2,608,466
Southern Copper Corp.		17,100		1,092,519


				4,345,518

Philippines — 0.1%
Aboitiz Equity Ventures Inc.		910,900		1,125,781
Ayala Corp.		51,850		886,650
Ayala Land Inc.		2,681,500		1,893,398
Bank of the Philippine Islands		780,374		1,501,498
BDO Unibank Inc.		1,002,165		2,663,563
GT Capital Holdings Inc.		7,390		82,872
JG Summit Holdings Inc.		576,359		705,227
Jollibee Foods Corp.		275,620		1,297,671
Metropolitan Bank & Trust Co.		557,950		646,316
PLDT Inc.		16,515		594,184
SM Investments Corp.		27,880		519,041
SM Prime Holdings Inc.		4,433,725		3,066,119


				14,982,320

Poland — 0.1%
Allegro.eu SA^(a)(b)(c)		88,756		822,623
Bank Polska Kasa Opieki SA		64,929		2,163,520
CD Projekt SA^(a)		16,970		753,388
Cyfrowy Polsat SA		223,027		1,722,882
Dino Polska SA^(b)(c)		10,406		800,707
KGHM Polska Miedz SA		58,934		2,032,938
Orange Polska SA^(b)		48,756		94,388
Polski Koncern Naftowy ORLEN SA		81,994		1,433,047
Polskie Gornictwo Naftowe i Gazownictwo SA		353,068		461,069
Powszechna Kasa Oszczednosci Bank Polski SA^(b)		310,392		3,633,546
Powszechny Zaklad Ubezpieczen SA		117,028		1,041,979


				14,960,087

Portugal — 0.0%
Banco Espirito Santo SA, Registered^(d)		3		—
EDP - Energias de Portugal SA		1,003,935		5,139,254
Galp Energia SGPS SA		98,020		1,080,796
Jeronimo Martins SGPS SA		89,465		2,149,938


				8,369,988

Qatar — 0.1%
Industries Qatar QSC		354,590		1,631,045
Masraf Al Rayan QSC		3,678,831		4,932,817
Mesaieed Petrochemical Holding Co.		994,035		661,540
Ooredoo QPSC		653,644		1,298,767
Qatar Islamic Bank SAQ		168,878		904,658
Qatar National Bank QPSC		1,206,576		7,202,159


				16,630,986

Russia — 0.4%
Alrosa PJSC		388,440		571,435
Gazprom PJSC		3,353,380		14,489,032


Security	Shares		Value

Russia (continued)
Inter RAO UES PJSC		11,798,500	$	592,216
LUKOIL PJSC		123,644		10,977,233
Magnit PJSC, GDR^(e)		83,768		1,103,335
MMC Norilsk Nickel PJSC		19,072		5,349,103
Mobile TeleSystems PJSC		232,607		1,777,118
Moscow Exchange MICEX-RTS PJSC		490,370		924,088
Novatek PJSC, GDR^(e)		28,234		5,963,178
Novolipetsk Steel PJSC		316,690		874,900
PhosAgro PJSC, GDR^(e)		77,569		1,556,061
Polymetal International PLC		69,389		996,712
Polyus PJSC		9,781		1,543,792
Rosneft Oil Co. PJSC		352,530		2,629,100
Sberbank of Russia PJSC		2,395,410		8,255,112
Severstal PAO		34,238		667,183
Surgutneftegas PJSC		2,361,310		1,113,105
Tatneft PJSC		384,309		2,474,102
TCS Group Holding PLC, GDR^(e)		33,273		2,395,799
X5 Retail Group NV, GDR^(e)		24,002		540,230
Yandex NV, Class A^(b)		87,123		4,181,744


				68,974,578

Saudi Arabia — 0.4%
Al Rajhi Bank		327,704		13,013,970
Alinma Bank		756,733		6,067,208
Almarai Co. JSC		122,640		1,609,697
Arab National Bank		106,001		784,458
Bank AlBilad^(b)		38,742		575,871
Bank Al-Jazira		604,177		3,751,574
Banque Saudi Fransi		253,434		3,554,440
Co for Cooperative Insurance (The)		9,835		204,871
Dar Al Arkan Real Estate Development Co.^(b)		53,182		146,534
Etihad Etisalat Co.		113,443		987,221
Riyad Bank		551,500		4,997,734
SABIC Agri-Nutrients Co.		77,364		3,507,496
Sahara International Petrochemical Co.		107,561		1,244,210
Saudi Arabian Mining Co.^(b)		101,637		2,504,813
Saudi Arabian Oil Co.^(c)		392,290		3,915,457
Saudi Basic Industries Corp.		187,463		6,275,048
Saudi British Bank (The)		132,130		1,419,085
Saudi Cement Co.		10,209		152,900
Saudi Electricity Co.		491,244		3,454,279
Saudi Kayan Petrochemical Co.^(b)		113,631		599,412
Saudi National Bank (The)		677,333		13,323,163
Saudi Telecom Co.		165,993		5,222,312
Savola Group (The)		56,665		516,560
Yanbu National Petrochemical Co.		23,046		419,052


				78,247,365

Singapore — 0.3%
Ascendas REIT		1,466,379		3,007,310
CapitaLand Integrated Commercial Trust		2,192,032		3,160,243
Capitaland Investment Ltd/Singapore^(b)		1,446,800		3,712,302
City Developments Ltd.		111,500		585,707
DBS Group Holdings Ltd.		440,000		11,557,422
Genting Singapore Ltd.		2,775,900		1,516,869
Keppel Corp. Ltd.		618,400		2,607,304
Mapletree Commercial Trust^(a)		527,600		706,201
Mapletree Logistics Trust		603,745		759,826
Oversea-Chinese Banking Corp. Ltd.^(a)		721,100		6,712,188
Sea Ltd., ADR^(b)		38,361		5,766,042
Singapore Airlines Ltd.^(b)		342,900		1,279,053


Security	Shares		Value

Singapore (continued)
Singapore Exchange Ltd.		64,300	$	445,070
Singapore Technologies Engineering Ltd.		293,700		816,327
Singapore Telecommunications Ltd.		1,983,200		3,595,987
United Overseas Bank Ltd.		254,200		5,681,029
UOL Group Ltd.		78,400		425,161
Venture Corp. Ltd.		78,900		1,033,727
Wilmar International Ltd.		425,000		1,352,002


				54,719,770

South Africa — 0.4%
Absa Group Ltd.		104,656		1,156,731
Anglo American Platinum Ltd.		13,035		1,579,375
AngloGold Ashanti Ltd.		95,519		1,790,684
Aspen Pharmacare Holdings Ltd.		90,808		1,222,511
Bid Corp. Ltd.		135,678		2,924,889
Bidvest Group Ltd. (The)		25,900		317,553
Capitec Bank Holdings Ltd.		26,064		3,422,269
Clicks Group Ltd.		44,203		848,744
Discovery Ltd.^(b)		57,373		579,793
Exxaro Resources Ltd.		40,916		442,063
FirstRand Ltd.		1,160,220		4,676,963
Gold Fields Ltd.		290,833		3,116,558
Growthpoint Properties Ltd.		1,905,847		1,809,129
Harmony Gold Mining Co. Ltd.		140,960		514,850
Impala Platinum Holdings Ltd.		242,128		3,732,853
Kumba Iron Ore Ltd.		12,480		445,252
Mr. Price Group Ltd.		116,080		1,539,552
MTN Group Ltd.^(b)		514,103		6,465,320
MultiChoice Group		160,527		1,316,570
Naspers Ltd., Class N		64,382		10,407,228
Nedbank Group Ltd.		165,652		2,053,352
NEPI Rockcastle PLC		95,819		651,594
Northam Platinum Holdings Ltd.^(b)		115,822		1,529,423
Old Mutual Ltd.		1,571,817		1,416,399
Reinet Investments SCA		31,273		619,539
Remgro Ltd.		57,271		494,274
Sanlam Ltd.		914,480		3,757,194
Sasol Ltd.^(b)		172,853		3,891,335
Shoprite Holdings Ltd.		100,425		1,372,170
Sibanye Stillwater Ltd.		671,308		2,502,215
Standard Bank Group Ltd.		375,720		3,667,097
Tiger Brands Ltd.		27,564		328,670
Vodacom Group Ltd.		119,982		1,146,191
Woolworths Holdings Ltd.		412,439		1,424,979


				73,163,319

South Korea — 1.3%
Alteogen Inc.^(b)		10,281		417,510
Amorepacific Corp.		10,944		1,427,331
AMOREPACIFIC Group		12,779		439,736
BGF retail Co. Ltd.		4,415		598,065
Celltrion Healthcare Co. Ltd.		24,815		1,311,086
Celltrion Inc.		28,533		3,626,377
CJ CheilJedang Corp.^(a)		4,056		1,176,462
CJ Corp.		13,534		904,622
CJ ENM Co. Ltd.		5,890		610,659
CJ Logistics Corp.^(b)		999		97,012
Coway Co. Ltd.^(a)		20,661		1,190,319
DB Insurance Co. Ltd.^(a)		8,850		443,297
Doosan Heavy Industries & Construction Co. Ltd.^(a)(b)		86,667		1,303,304
Douzone Bizon Co. Ltd.		9,014		399,546


Security	Shares		Value

South Korea (continued)
Ecopro BM Co. Ltd.		3,460	$	983,098
GS Engineering & Construction Corp.		38,591		1,284,252
Hana Financial Group Inc.		106,002		3,993,984
Hankook Tire & Technology Co. Ltd.		33,499		945,917
Hanmi Pharm Co. Ltd.		2,917		602,062
Hanwha Solutions Corp.^(b)		32,958		899,476
HLB Inc.^(b)		34,283		919,390
HMM Co. Ltd.^(b)		83,017		1,545,613
Hotel Shilla Co. Ltd.		7,699		466,961
HYBE Co. Ltd.^(b)		4,932		998,511
Hyundai Engineering & Construction Co. Ltd.		16,025		573,891
Hyundai Glovis Co. Ltd.		7,974		1,090,931
Hyundai Heavy Industries Holdings Co. Ltd.		26,025		1,049,329
Hyundai Mobis Co. Ltd.		19,102		3,749,769
Hyundai Motor Co.		47,120		7,594,750
Hyundai Steel Co.		38,933		1,285,882
Kakao Corp.^(a)(b)		78,675		5,682,826
Kakao Games Corp.^(b)		10,325		580,232
Kangwon Land Inc.^(b)		26,358		554,200
KB Financial Group Inc.		105,773		5,242,075
Kia Corp.		74,239		5,176,367
Korea Aerospace Industries Ltd.		29,765		894,887
Korea Electric Power Corp.^(b)		77,949		1,340,270
Korea Shipbuilding & Offshore Engineering Co. Ltd.^(a)(b)		14,876		1,005,652
Korea Zinc Co. Ltd.		3,699		1,573,473
Korean Air Lines Co. Ltd.^(b)		37,881		914,732
Krafton Inc.^(a)(b)		6,515		1,509,513
KT&G Corp.^(a)(b)		34,567		2,232,884
Kumho Petrochemical Co. Ltd.		5,401		670,499
L&F Co. Ltd.^(b)		7,464		1,103,141
LG Chem Ltd.		13,737		7,363,860
LG Corp.		29,208		1,806,266
LG Display Co. Ltd.^(a)		87,538		1,472,175
LG Electronics Inc.		33,089		3,594,871
LG Household & Health Care Ltd.		3,084		2,508,673
LG Innotek Co. Ltd.		3,666		1,102,181
LG Uplus Corp.		33,394		363,882
Lotte Chemical Corp.		6,329		1,040,759
Lotte Shopping Co. Ltd.		4,367		293,519
Mirae Asset Securities Co. Ltd.^(a)		250,334		1,793,194
NAVER Corp.		35,220		9,303,031
NCSoft Corp.		4,822		2,172,622
Netmarble Corp.^(c)		7,710		713,866
Orion Corp./Republic of Korea		11,762		962,440
Pearl Abyss Corp.^(b)		9,872		787,571
POSCO		20,056		4,486,395
POSCO Chemical Co. Ltd.		7,381		693,870
Samsung Biologics Co. Ltd.^(b)(c)		5,225		3,234,688
Samsung C&T Corp.		28,112		2,543,225
Samsung Electro-Mechanics Co. Ltd.		11,547		1,756,737
Samsung Electronics Co. Ltd.		1,319,625		82,079,459
Samsung Engineering Co. Ltd.^(b)		41,262		755,036
Samsung Fire & Marine Insurance Co. Ltd.^(a)		12,661		2,116,303
Samsung Heavy Industries Co. Ltd.^(b)		134,937		586,516
Samsung SDI Co. Ltd.		16,115		7,997,612
Samsung SDS Co. Ltd.		7,375		875,448
Seegene Inc.		10,303		464,938
Shin Poong Pharmaceutical Co. Ltd.		8,466		171,332
Shinhan Financial Group Co. Ltd.		109,845		3,518,244


Security	Shares		Value

South Korea (continued)
SK Biopharmaceuticals Co. Ltd.^(b)		7,816	$	498,940
SK Bioscience Co. Ltd.^(b)		6,913		946,201
SK Chemicals Co. Ltd.		3,504		370,928
SK Hynix Inc.		154,408		15,982,425
SK Inc.^(a)		10,061		1,862,485
SK Innovation Co. Ltd.^(b)		15,520		2,848,354
SK Square Co. Ltd.^(b)		13,843		631,576
SK Telecom Co. Ltd.		19,767		940,812
SKC Co. Ltd.		6,669		802,880
S-Oil Corp.		10,351		785,780
Woori Financial Group Inc.		108,196		1,331,067


				243,970,054

Spain — 0.6%
ACS Actividades de Construccion y Servicios SA		71,915		1,815,609
Aena SME SA^(b)(c)		16,895		2,729,938
Amadeus IT Group SA^(b)		126,720		8,713,293
Banco Bilbao Vizcaya Argentaria SA		1,772,446		11,316,412
Banco Santander SA		4,622,162		16,208,082
CaixaBank SA		1,183,798		3,808,728
Cellnex Telecom SA^(c)		117,318		5,319,854
EDP Renovaveis SA		43,087		905,752
Enagas SA		14,013		302,990
Endesa SA		92,259		2,065,548
Ferrovial SA		169,819		4,719,025
Grifols SA		95,881		1,690,796
Iberdrola SA		1,618,385		18,554,881
Iberdrola SA		25,298		288,758
Industria de Diseno Textil SA		299,988		9,098,455
Naturgy Energy Group SA^(a)		58,919		1,865,511
Red Electrica Corp. SA		116,669		2,351,839
Repsol SA		469,241		5,962,928
Siemens Gamesa Renewable Energy SA^(a)(b)		61,488		1,330,469
Telefonica SA		1,449,961		6,759,092


				105,807,960

Sweden — 0.9%
Alfa Laval AB		70,886		2,394,614
Assa Abloy AB, Class B		282,877		7,745,763
Atlas Copco AB, Class A		206,912		12,246,301
Atlas Copco AB, Class B		99,437		5,085,484
Boliden AB		90,892		3,680,447
Electrolux AB, Class B		89,695		1,866,301
Embracer Group AB^(a)(b)		154,133		1,546,467
Epiroc AB, Class A		311,761		6,652,707
EQT AB		84,709		3,319,452
Essity AB, Class B		168,485		4,749,656
Evolution AB^(c)		49,775		6,192,862
Fastighets AB Balder, Class B^(b)		24,912		1,650,391
Getinge AB, Class B		59,071		2,309,415
H & M Hennes & Mauritz AB, Class B		214,650		4,273,863
Hexagon AB, Class B		614,350		8,286,395
Husqvarna AB, Class B		84,842		1,179,640
Industrivarden AB, Class A		10,957		346,372
Industrivarden AB, Class C		35,891		1,114,795
Investment AB Latour, Class B		32,156		1,000,501
Investor AB, Class B		581,972		12,635,733
Kinnevik AB, Class B^(b)		67,387		2,014,104
L E Lundbergforetagen AB, Class B		15,050		769,003
Lifco AB, Class B		56,881		1,333,305
Lundin Energy AB		68,059		2,767,815


Security	Shares		Value

Sweden (continued)
Nibe Industrier AB, Class B		406,810	$	3,866,549
Sagax AB, Class B		47,846		1,396,634
Sandvik AB		328,675		8,655,498
Securitas AB, Class B		36,543		441,375
Sinch AB^(a)(b)(c)		155,521		1,598,900
Skandinaviska Enskilda Banken AB, Class A		447,763		5,788,161
Skanska AB, Class B		70,581		1,728,025
SKF AB, Class B		132,990		2,915,424
Svenska Cellulosa AB SCA, Class B		158,916		2,767,305
Svenska Handelsbanken AB, Class A		312,057		3,325,765
Swedbank AB, Class A		250,480		4,903,949
Swedish Match AB		426,069		3,296,616
Tele2 AB, Class B		105,040		1,528,338
Telefonaktiebolaget LM Ericsson, Class B		827,649		10,334,103
Telia Co. AB		759,922		2,995,153
Volvo AB, Class B		416,570		9,400,493


				160,103,674

Switzerland — 2.5%
ABB Ltd., Registered		478,198		16,579,975
Adecco Group AG, Registered		48,471		2,308,829
Alcon Inc.		141,100		10,880,025
Bachem Holding AG, Class B, Registered		1,569		935,926
Baloise Holding AG, Registered		8,110		1,420,681
Barry Callebaut AG, Registered		707		1,623,009
Chocoladefabriken Lindt & Spruengli AG, Participation Certificates, NVS		341		3,957,425
Chocoladefabriken Lindt & Spruengli AG, Registered		12		1,381,752
Cie. Financiere Richemont SA, Class A, Registered		148,526		21,585,848
Clariant AG, Registered		36,836		780,742
Coca-Cola HBC AG, Class DI		69,313		2,295,689
Credit Suisse Group AG, Registered		623,751		5,929,009
EMS-Chemie Holding AG, Registered		1,756		1,776,161
Geberit AG, Registered		11,309		7,683,675
Givaudan SA, Registered		2,422		10,034,163
Holcim Ltd.		138,550		7,509,586
Julius Baer Group Ltd.		76,155		4,976,705
Kuehne + Nagel International AG, Registered		16,200		4,574,669
Logitech International SA, Registered		47,101		3,957,875
Lonza Group AG, Registered		21,863		15,073,268
Nestle SA, Registered		781,222		100,885,670
Novartis AG, Registered		608,195		52,845,753
Partners Group Holding AG		6,073		8,466,962
Roche Holding AG, Bearer		568		233,900
Roche Holding AG, NVS		196,838		76,176,139
Schindler Holding AG, Participation Certificates, NVS		10,522		2,640,853
Schindler Holding AG, Registered		9,767		2,450,275
SGS SA, Registered		1,508		4,300,170
Siemens Energy AG^(b)		110,743		2,490,926
Sika AG, Registered		40,775		14,266,116
Sonova Holding AG, Registered		16,390		5,838,773
Straumann Holding AG, Registered		2,503		4,147,680
Swatch Group AG (The), Bearer		10,864		3,169,269
Swiss Life Holding AG, Registered		6,963		4,481,454
Swiss Prime Site AG, Registered		29,137		2,880,963
Swiss Re AG		82,050		8,939,992
Swisscom AG, Registered		7,826		4,473,145
Temenos AG, Registered		22,870		2,741,307
UBS Group AG, Registered		1,011,398		18,760,974
VAT Group AG^(c)		6,713		2,737,611
Vifor Pharma AG		14,202		2,515,842


Security	Shares		Value

Switzerland (continued)
Zurich Insurance Group AG		42,117	$	20,144,908


				470,853,694

Taiwan — 1.8%
Accton Technology Corp.		163,000		1,574,035
Acer Inc.		1,549,000		1,606,436
Advantech Co. Ltd.		116,388		1,613,173
Airtac International Group		36,393		1,277,723
ASE Technology Holding Co. Ltd.		1,004,873		3,659,839
Asia Cement Corp.		352,000		563,967
ASMedia Technology Inc.		11,000		634,264
Asustek Computer Inc.		188,000		2,457,816
AU Optronics Corp.		2,384,000		1,772,331
Catcher Technology Co. Ltd.		155,000		873,398
Cathay Financial Holding Co. Ltd.		2,623,357		6,084,998
Chailease Holding Co. Ltd.		310,644		2,849,331
Chang Hwa Commercial Bank Ltd.		3,745,319		2,397,280
China Development Financial Holding Corp.		4,456,000		2,972,463
China Steel Corp.		3,057,305		3,741,554
Chunghwa Telecom Co. Ltd.		1,042,140		4,429,116
CTBC Financial Holding Co. Ltd.		4,299,142		4,321,967
Delta Electronics Inc.		467,000		4,607,162
E.Sun Financial Holding Co. Ltd.		4,320,651		4,543,555
Eclat Textile Co. Ltd.		51,000		1,131,408
eMemory Technology Inc.		19,000		1,109,220
Evergreen Marine Corp. Taiwan Ltd.		689,000		2,923,240
Far EasTone Telecommunications Co. Ltd.		596,000		1,396,938
Feng TAY Enterprise Co. Ltd.		91,800		752,867
First Financial Holding Co. Ltd.		2,920,018		2,659,024
Formosa Chemicals & Fibre Corp.		818,000		2,344,854
Formosa Plastics Corp.		1,187,160		4,552,130
Fubon Financial Holding Co. Ltd.		1,894,971		5,229,199
Giant Manufacturing Co. Ltd.		91,000		1,053,990
Globalwafers Co. Ltd.		62,000		1,769,420
Hiwin Technologies Corp.		57,379		555,559
Hon Hai Precision Industry Co. Ltd.		3,412,000		12,757,218
Hotai Motor Co. Ltd.		85,000		1,861,498
Hua Nan Financial Holdings Co. Ltd.		2,330,445		1,846,544
Innolux Corp.		2,468,000		1,550,179
Largan Precision Co. Ltd.		24,000		1,778,508
Lite-On Technology Corp.		551,000		1,272,592
MediaTek Inc.		379,000		15,053,573
Mega Financial Holding Co. Ltd.		2,810,287		3,761,226
Micro-Star International Co. Ltd.		243,000		1,359,192
momo.com Inc.		15,000		612,944
Nan Ya Plastics Corp.		1,857,830		5,866,551
Nan Ya Printed Circuit Board Corp.		74,000		1,299,464
Nanya Technology Corp.		305,000		810,237
Novatek Microelectronics Corp.		162,000		2,848,972
Oneness Biotech Co. Ltd.^(b)		78,000		670,238
Parade Technologies Ltd.		22,000		1,624,243
Pegatron Corp.		382,000		960,230
President Chain Store Corp.		114,000		1,088,828
Quanta Computer Inc.		654,000		2,213,586
Realtek Semiconductor Corp.		153,000		2,968,222
Shanghai Commercial & Savings Bank Ltd. (The)		564,000		951,523
SinoPac Financial Holdings Co. Ltd.		4,084,842		2,444,019
Taishin Financial Holding Co. Ltd.		4,762,225		3,405,628
Taiwan Cement Corp.		1,055,013		1,794,289
Taiwan Cooperative Financial Holding Co. Ltd.		3,117,561		2,991,177
Taiwan High Speed Rail Corp.		343,000		353,327


Security	Shares		Value

Taiwan (continued)
Taiwan Mobile Co. Ltd.		596,000	$	2,142,265
Taiwan Semiconductor Manufacturing Co. Ltd.		6,747,000		156,004,043
Unimicron Technology Corp.		337,000		2,526,402
Uni-President Enterprises Corp.		1,505,600		3,690,181
United Microelectronics Corp.		3,296,000		6,886,330
Vanguard International Semiconductor Corp.		266,000		1,283,159
Voltronic Power Technology Corp.		16,000		824,565
Wan Hai Lines Ltd.		189,000		1,036,059
Win Semiconductors Corp.		94,000		1,164,499
Winbond Electronics Corp.		857,000		956,505
Wistron Corp.		600,000		681,999
Wiwynn Corp.		31,000		1,136,416
Yageo Corp.		110,000		1,874,703
Yang Ming Marine Transport Corp.^(b)		496,000		1,837,141
Yuanta Financial Holding Co. Ltd.		2,396,840		2,203,724
Zhen Ding Technology Holding Ltd.		198,000		682,533


				336,532,789

Thailand — 0.2%
Advanced Info Service PCL, NVDR		349,900		2,324,225
Airports of Thailand PCL, NVDR^(a)(b)		1,205,400		2,321,788
B Grimm Power PCL, NVDR^(a)		234,700		251,651
Bangkok Dusit Medical Services PCL, NVDR		4,289,100		2,896,542
Bangkok Expressway & Metro PCL, NVDR		5,264,600		1,302,249
BTS Group Holdings PCL, NVDR		2,854,900		792,148
Central Pattana PCL, NVDR		1,096,800		1,802,641
Charoen Pokphand Foods PCL, NVDR^(a)		2,595,400		1,978,091
CP ALL PCL, NVDR		1,339,000		2,538,358
Delta Electronics Thailand PCL, NVDR		102,800		1,088,914
Electricity Generating PCL, NVDR		94,600		484,989
Energy Absolute PCL, NVDR		655,500		1,767,833
Global Power Synergy PCL, NVDR		233,500		552,983
Gulf Energy Development PCL, NVDR		1,005,556		1,492,355
Indorama Ventures PCL, NVDR		885,033		1,275,108
Intouch Holdings PCL, NVDR		743,800		1,722,887
Muangthai Capital PCL, NVDR^(a)		310,100		527,494
Osotspa PCL, NVDR		215,900		210,015
PTT Exploration & Production PCL, NVDR		382,700		1,502,027
PTT Global Chemical PCL, NVDR		636,000		1,090,703
PTT PCL, NVDR		2,596,200		3,065,127
Ratch Group PCL, NVDR		548,700		735,653
Siam Cement PCL (The), NVDR		207,500		2,410,314
Srisawad Corp. PCL, NVDR		307,000		559,093
True Corp. PCL, NVDR		3,299,700		480,395


				35,173,583

Turkey — 0.0%
Akbank TAS		876,529		528,092
Aselsan Elektronik Sanayi Ve Ticaret AS		382,594		620,411
BIM Birlesik Magazalar AS		201,475		1,064,077
Eregli Demir ve Celik Fabrikalari TAS		482,847		988,875
Turkcell Iletisim Hizmetleri AS		275,729		388,860
Turkiye Garanti Bankasi AS		668,946		599,613
Turkiye Petrol Rafinerileri AS^(b)		54,339		698,398


				4,888,326

United Arab Emirates — 0.1%
Abu Dhabi Commercial Bank PJSC		1,464,262		3,584,807
Aldar Properties PJSC		2,020,605		2,280,416
Emaar Properties PJSC		1,620,215		2,158,903
Emirates NBD Bank PJSC		702,479		2,562,051
Emirates Telecommunications Group Co. PJSC		796,973		7,176,969


Security	Shares		Value

United Arab Emirates (continued)
First Abu Dhabi Bank PJSC		801,907	$	4,366,437


				22,129,583

United Kingdom — 3.7%
3i Group PLC		327,412		6,097,656
Abrdn PLC		731,775		2,393,186
Admiral Group PLC		51,487		2,189,264
Amcor PLC		443,301		5,324,045
Anglo American PLC		310,294		13,679,460
Antofagasta PLC		136,349		2,480,370
Aptiv PLC^(b)		77,060		10,524,855
Ashtead Group PLC		142,003		10,157,188
Associated British Foods PLC		100,980		2,665,458
AstraZeneca PLC		431,735		50,222,841
Auto Trader Group PLC^(c)		299,307		2,712,211
AVEVA Group PLC		38,803		1,539,774
Aviva PLC		878,530		5,186,840
BAE Systems PLC		934,530		7,313,401
Barclays PLC		4,441,524		11,915,799
Barratt Developments PLC		299,268		2,489,023
Berkeley Group Holdings PLC		45,172		2,577,966
BP PLC		5,657,894		29,330,080
British American Tobacco PLC		597,720		25,519,641
British Land Co. PLC (The)		323,556		2,419,400
BT Group PLC		2,339,064		6,195,410
Bunzl PLC		79,431		2,975,244
Burberry Group PLC		130,932		3,321,606
Clarivate PLC^(a)(b)		97,814		1,610,018
Coca-Cola Europacific Partners PLC		60,984		3,485,236
Compass Group PLC		461,209		10,482,185
Croda International PLC		28,534		3,081,614
DCC PLC		26,118		2,196,093
Diageo PLC		629,018		31,741,102
Entain PLC^(b)		173,638		3,759,149
Evraz PLC		112,445		763,908
Experian PLC		270,428		11,295,205
Ferguson PLC		68,220		10,730,352
GlaxoSmithKline PLC		1,361,059		30,373,373
Halma PLC		73,992		2,507,860
Hargreaves Lansdown PLC		85,738		1,556,635
Hikma Pharmaceuticals PLC		37,162		1,043,997
HSBC Holdings PLC		5,651,008		40,220,136
Imperial Brands PLC		268,974		6,377,334
Informa PLC^(b)		320,552		2,424,773
InterContinental Hotels Group PLC^(b)		30,012		1,982,994
Intertek Group PLC		51,644		3,747,828
J Sainsbury PLC		630,105		2,476,027
JD Sports Fashion PLC		646,371		1,657,403
Johnson Matthey PLC		64,377		1,700,112
Kingfisher PLC		661,443		2,966,145
Land Securities Group PLC		245,489		2,636,659
Legal & General Group PLC		1,790,524		7,000,873
Lloyds Banking Group PLC		19,501,333		13,533,356
London Stock Exchange Group PLC		93,494		9,154,317
M&G PLC		627,365		1,836,119
Melrose Industries PLC		1,319,878		2,688,612
Mondi PLC		85,384		2,136,238
National Grid PLC		925,628		13,544,637
Natwest Group PLC		1,371,492		4,507,794
Next PLC		41,636		4,242,112
NMC Health PLC^(b)(d)		19,275		—


Security	Shares		Value

United Kingdom (continued)
Ocado Group PLC^(b)		136,107	$	2,773,258
Pearson PLC		236,149		1,971,713
Persimmon PLC		93,636		3,050,613
Prudential PLC		721,637		12,163,713
Reckitt Benckiser Group PLC		195,667		15,853,352
RELX PLC		555,522		17,088,070
Rentokil Initial PLC		465,465		3,259,528
Rolls-Royce Holdings PLC^(b)		2,345,234		3,676,108
Royalty Pharma PLC, Class A		80,246		3,210,642
Sage Group PLC (The)		217,164		2,122,121
Schroders PLC		21,525		986,938
Segro PLC		274,646		4,841,940
Sensata Technologies Holding PLC^(b)		39,847		2,285,624
Severn Trent PLC		94,376		3,664,080
Shell PLC		2,162,833		55,560,398
Smith & Nephew PLC		261,928		4,454,602
Smiths Group PLC		92,171		1,942,742
Spirax-Sarco Engineering PLC		17,693		3,189,264
SSE PLC		296,514		6,379,801
St. James’s Place PLC		230,908		4,766,503
Standard Chartered PLC		771,120		5,615,873
Taylor Wimpey PLC		1,102,767		2,262,389
Tesco PLC		2,020,559		8,115,922
Unilever PLC		720,818		36,964,879
United Utilities Group PLC		140,219		2,022,781
Vodafone Group PLC		7,432,222		13,049,974
Whitbread PLC^(b)		45,734		1,881,843
WPP PLC		366,282		5,743,491


				677,589,076

United States — 59.8%
10X Genomics Inc., Class A^(a)(b)		22,050		2,122,754
3M Co.		160,668		26,674,101
A O Smith Corp.		31,842		2,433,366
Abbott Laboratories		491,432		62,637,923
AbbVie Inc.		492,683		67,443,376
ABIOMED Inc.^(b)		13,370		3,955,782
Accenture PLC, Class A		175,303		61,983,635
Activision Blizzard Inc.		214,174		16,921,888
Adobe Inc.^(b)		132,264		70,668,655
Advance Auto Parts Inc.		19,190		4,442,677
Advanced Micro Devices Inc.^(b)		338,652		38,690,991
AES Corp. (The)		198,726		4,407,743
Affirm Holdings Inc.^(a)(b)		25,410		1,628,019
Aflac Inc.		183,069		11,500,395
Agilent Technologies Inc.		83,126		11,581,114
AGNC Investment Corp.		133,360		1,985,730
Air Products and Chemicals Inc.		63,077		17,795,283
Airbnb Inc., Class A^(b)		64,706		9,962,783
Akamai Technologies Inc.^(b)		48,096		5,509,397
Albemarle Corp.		33,580		7,412,449
Alexandria Real Estate Equities Inc.		29,501		5,747,975
Align Technology Inc.^(b)		21,202		10,494,142
Alleghany Corp.^(b)		4,212		2,796,768
Allegion PLC		21,680		2,660,786
Alliant Energy Corp.		76,696		4,591,023
Allstate Corp. (The)		82,932		10,007,404
Ally Financial Inc.		83,476		3,983,475
Alnylam Pharmaceuticals Inc.^(b)		34,683		4,772,381
Alphabet Inc., Class A^(b)		82,593		223,502,440
Alphabet Inc., Class C, NVS^(b)		79,452		215,630,344


Security	Shares		Value

United States (continued)
Altria Group Inc.		514,868	$	26,196,484
Amazon.com Inc.^(b)		125,513		375,468,374
AMC Entertainment Holdings Inc., Class A^(a)(b)		146,059		2,345,708
AMERCO		2,764		1,683,138
Ameren Corp.		74,141		6,579,272
American Electric Power Co. Inc.		139,139		12,578,166
American Express Co.		179,326		32,246,401
American Financial Group Inc./OH		22,146		2,885,181
American International Group Inc.		240,019		13,861,097
American Tower Corp.		127,518		32,070,777
American Water Works Co. Inc.		53,811		8,652,809
Ameriprise Financial Inc.		31,754		9,663,060
AmerisourceBergen Corp.		45,563		6,205,681
AMETEK Inc.		67,619		9,248,251
Amgen Inc.		158,389		35,976,477
Amphenol Corp., Class A		171,950		13,685,500
Analog Devices Inc.		152,589		25,020,018
Annaly Capital Management Inc.		334,002		2,638,616
ANSYS Inc.^(b)		20,513		6,974,625
Anthem Inc.		68,258		30,101,095
Aon PLC, Class A		64,498		17,829,827
Apollo Global Management Inc.		102,278		7,159,460
Apple Inc.		4,559,565		796,920,771
Applied Materials Inc.		253,502		35,028,906
Aramark		53,861		1,846,894
Arch Capital Group Ltd.^(b)		100,832		4,670,538
Archer-Daniels-Midland Co.		161,877		12,140,775
Arista Networks Inc.^(b)		66,514		8,268,355
Arrow Electronics Inc.^(b)		20,228		2,508,272
Arthur J Gallagher & Co.		45,632		7,207,118
Asana Inc., Class A^(b)		20,164		1,058,207
Assurant Inc.		13,665		2,084,049
AT&T Inc.		1,925,277		49,094,563
Atmos Energy Corp.		34,414		3,689,869
Autodesk Inc.^(b)		62,330		15,569,411
Automatic Data Processing Inc.		119,158		24,566,805
AutoZone Inc.^(b)		6,139		12,194,203
Avalara Inc.^(a)(b)		25,541		2,799,804
AvalonBay Communities Inc.		40,279		9,837,340
Avantor Inc.^(b)		135,024		5,040,446
Avery Dennison Corp.		17,334		3,560,750
Baker Hughes Co.		209,681		5,753,647
Ball Corp.		92,373		8,969,418
Bank of America Corp.		2,088,076		96,343,827
Bank of New York Mellon Corp. (The)		233,909		13,861,447
Bath & Body Works Inc.		72,015		4,037,881
Baxter International Inc.		140,394		11,995,263
Becton Dickinson and Co.		80,529		20,465,640
Bentley Systems Inc., Class B		50,367		2,023,242
Berkshire Hathaway Inc., Class B^(b)		365,761		114,490,508
Best Buy Co. Inc.		64,136		6,367,422
Bill.com Holdings Inc.^(b)		20,962		3,945,258
Biogen Inc.^(b)		41,214		9,314,364
BioMarin Pharmaceutical Inc.^(b)		53,446		4,736,919
Bio-Rad Laboratories Inc., Class A^(b)		6,812		4,085,361
Bio-Techne Corp.		9,929		3,737,375
Black Knight Inc.^(b)		37,846		2,823,312
BlackRock Inc.^(f)		42,915		35,316,470
Blackstone Inc., NVS		179,527		23,692,178
Block Inc.		22,726		2,593,618


Security	Shares		Value

United States (continued)
Block Inc.^(b)		110,585	$	13,523,440
Boeing Co. (The)^(b)		153,588		30,754,461
Booking Holdings Inc.^(b)		11,484		28,206,197
Booz Allen Hamilton Holding Corp.		40,384		3,098,664
BorgWarner Inc.		69,825		3,061,826
Boston Properties Inc.		45,416		5,090,225
Boston Scientific Corp.^(b)		403,717		17,319,459
Bristol-Myers Squibb Co.		623,053		40,429,909
Broadcom Inc.		113,862		66,709,469
Broadridge Financial Solutions Inc.		27,953		4,450,677
Brown & Brown Inc.		71,342		4,728,548
Brown-Forman Corp., Class B, NVS		90,943		6,132,286
Bunge Ltd.		37,710		3,728,011
Burlington Stores Inc.^(b)		19,643		4,654,016
Cable One Inc.		1,511		2,334,087
Cadence Design Systems Inc.^(b)		79,969		12,166,484
Caesars Entertainment Inc.^(b)		59,869		4,558,426
Camden Property Trust		28,120		4,501,731
Campbell Soup Co.		47,053		2,075,978
Capital One Financial Corp.		126,166		18,512,337
Cardinal Health Inc.		83,493		4,305,734
Carlyle Group Inc. (The)		36,255		1,850,818
CarMax Inc.^(a)(b)		47,014		5,226,546
Carnival Corp.^(b)		222,937		4,416,382
Carrier Global Corp.		238,983		11,394,709
Carvana Co., Class A^(a)(b)		21,760		3,526,426
Catalent Inc.^(b)		46,339		4,816,012
Caterpillar Inc.		153,834		31,006,781
Cboe Global Markets Inc.		34,099		4,041,754
CBRE Group Inc., Class A^(b)		97,283		9,858,659
CDW Corp./DE		34,460		6,514,663
Celanese Corp.		32,093		4,997,201
Centene Corp.^(b)		165,129		12,840,431
CenterPoint Energy Inc.		112,355		3,186,388
Ceridian HCM Holding Inc.^(b)		37,710		2,859,172
Cerner Corp.		84,087		7,668,734
CF Industries Holdings Inc.		63,150		4,349,141
CH Robinson Worldwide Inc.		37,677		3,942,898
Charles River Laboratories International Inc.^(b)		12,901		4,254,234
Charles Schwab Corp. (The)		386,976		33,937,795
Charter Communications Inc., Class A^(a)(b)		36,266		21,518,068
Cheniere Energy Inc.		67,368		7,538,479
Chevron Corp.		537,935		70,647,004
Chewy Inc., Class A^(a)(b)		26,989		1,284,946
Chipotle Mexican Grill Inc.^(b)		7,845		11,654,375
Chubb Ltd.		123,482		24,360,529
Church & Dwight Co. Inc.		72,880		7,481,132
Cigna Corp.		95,204		21,940,714
Cincinnati Financial Corp.		38,152		4,495,450
Cintas Corp.		22,578		8,839,964
Cisco Systems Inc.		1,170,167		65,143,197
Citigroup Inc.		548,452		35,715,194
Citizens Financial Group Inc.		125,498		6,459,382
Citrix Systems Inc.		34,607		3,527,838
Clorox Co. (The)		37,210		6,246,071
Cloudflare Inc., Class A^(b)		67,874		6,543,054
CME Group Inc.		101,877		23,380,771
CMS Energy Corp.		83,550		5,378,949
Coca-Cola Co. (The)		1,129,045		68,883,035
Cognex Corp.		41,622		2,766,198


Security	Shares		Value

United States (continued)
Cognizant Technology Solutions Corp., Class A		149,196	$	12,744,322
Coinbase Global Inc., Class A^(b)		10,276		1,953,981
Colgate-Palmolive Co.		200,498		16,531,060
Comcast Corp., Class A		1,267,281		63,351,377
Conagra Brands Inc.		145,498		5,057,510
ConocoPhillips		372,057		32,971,691
Consolidated Edison Inc.		92,457		7,992,908
Constellation Brands Inc., Class A		47,735		11,348,996
Cooper Companies Inc. (The)		11,771		4,688,389
Copart Inc.^(b)		59,287		7,662,845
Corning Inc.		221,806		9,324,724
Corteva Inc.		211,549		10,171,276
CoStar Group Inc.^(b)		112,709		7,907,663
Costco Wholesale Corp.		123,370		62,317,888
Coterra Energy Inc.		204,677		4,482,426
Coupa Software Inc.^(b)		20,138		2,703,929
Crowdstrike Holdings Inc., Class A^(a)(b)		53,428		9,651,234
Crown Castle International Corp.		121,913		22,250,342
Crown Holdings Inc.		30,046		3,437,262
CSX Corp.		637,494		21,815,045
Cummins Inc.		41,039		9,064,694
CVS Health Corp.		368,254		39,222,734
Danaher Corp.		179,230		51,222,142
Darden Restaurants Inc.		37,547		5,251,699
Datadog Inc., Class A^(b)		53,912		7,877,082
DaVita Inc.^(b)		20,575		2,229,713
Deere & Co.		78,234		29,447,278
Dell Technologies Inc., Class C^(b)		69,895		3,970,735
Delta Air Lines Inc.^(b)		45,696		1,813,674
DENTSPLY SIRONA Inc.		65,630		3,505,955
Devon Energy Corp.		177,015		8,951,649
Dexcom Inc.^(b)		27,261		11,735,315
Diamondback Energy Inc.		45,111		5,691,204
Digital Realty Trust Inc.		80,205		11,968,992
Discover Financial Services		84,317		9,759,693
Discovery Inc., Class A^(a)(b)		48,454		1,352,351
Discovery Inc., Class C, NVS^(b)		79,385		2,171,180
DISH Network Corp., Class A^(b)		71,579		2,247,581
DocuSign Inc.^(b)		54,891		6,903,641
Dollar General Corp.		66,602		13,885,185
Dollar Tree Inc.^(b)		63,650		8,352,153
Dominion Energy Inc.		214,708		17,318,347
Domino’s Pizza Inc.		10,780		4,901,127
DoorDash Inc., Class A^(a)(b)		29,419		3,338,762
Dover Corp.		42,400		7,204,184
Dow Inc.		216,289		12,918,942
DR Horton Inc.		97,648		8,712,155
DraftKings Inc., Class A^(a)(b)		94,123		2,079,177
Dropbox Inc., Class A^(b)		84,332		2,087,217
DTE Energy Co.		50,925		6,132,898
Duke Energy Corp.		209,043		21,962,058
Duke Realty Corp.		110,106		6,361,925
DuPont de Nemours Inc.		147,642		11,309,377
Dynatrace Inc.^(a)(b)		59,466		3,262,305
Eastman Chemical Co.		28,901		3,437,196
Eaton Corp. PLC		108,588		17,203,597
eBay Inc.		184,495		11,082,615
Ecolab Inc.		71,895		13,620,508
Edison International		105,925		6,651,031
Edwards Lifesciences Corp.^(b)		177,300		19,361,160


Security	Shares		Value

United States (continued)
Elanco Animal Health Inc.^(b)		104,666	$	2,725,503
Electronic Arts Inc.		79,281		10,517,417
Eli Lilly & Co.		226,353		55,544,763
Emerson Electric Co.		170,936		15,717,565
Enphase Energy Inc.^(b)		36,040		5,062,539
Entegris Inc.		33,935		4,066,770
Entergy Corp.		57,639		6,442,311
EOG Resources Inc.		150,411		16,767,818
EPAM Systems Inc.^(b)		14,084		6,705,956
Equifax Inc.		35,350		8,475,516
Equinix Inc.		25,208		18,273,279
Equitable Holdings Inc.		110,276		3,709,685
Equity LifeStyle Properties Inc.		38,435		3,009,076
Equity Residential		102,719		9,114,257
Erie Indemnity Co., Class A, NVS		6,265		1,153,387
Essential Utilities Inc.		69,353		3,380,265
Essex Property Trust Inc.		19,197		6,383,002
Estee Lauder Companies Inc. (The), Class A		65,044		20,280,069
Etsy Inc.^(b)		35,549		5,584,037
Everest Re Group Ltd.		12,563		3,560,354
Evergy Inc.		53,451		3,472,177
Eversource Energy		93,059		8,327,850
Exact Sciences Corp.^(a)(b)		46,162		3,524,930
Exelon Corp.		277,924		16,105,696
Expedia Group Inc.^(b)		39,877		7,309,055
Expeditors International of Washington Inc.		51,450		5,889,996
Extra Space Storage Inc.		39,220		7,773,012
Exxon Mobil Corp.		1,152,825		87,568,587
F5 Inc.^(b)		18,025		3,742,351
FactSet Research Systems Inc.		7,982		3,367,526
Fair Isaac Corp.^(b)		7,774		3,848,052
Fastenal Co.		165,508		9,380,993
FedEx Corp.		70,155		17,248,308
Fidelity National Financial Inc.		78,758		3,965,465
Fidelity National Information Services Inc.		172,484		20,684,281
Fifth Third Bancorp		202,953		9,057,792
First Republic Bank/CA		49,911		8,664,050
FirstEnergy Corp.		153,420		6,437,503
Fiserv Inc.^(b)		164,100		17,345,370
FleetCor Technologies Inc.^(b)		21,802		5,194,545
FMC Corp.		38,159		4,211,609
Ford Motor Co.		1,098,482		22,299,185
Fortinet Inc.^(b)		40,107		11,921,405
Fortive Corp.		92,798		6,545,971
Fortune Brands Home & Security Inc.		32,707		3,080,018
Fox Corp., Class A, NVS		90,461		3,673,621
Franklin Resources Inc.		86,645		2,770,041
Freeport-McMoRan Inc.		419,198		15,602,550
Garmin Ltd.		35,457		4,411,560
Gartner Inc.^(b)		24,813		7,292,293
Generac Holdings Inc.^(b)		18,109		5,113,619
General Dynamics Corp.		60,200		12,768,420
General Electric Co.		305,230		28,838,130
General Mills Inc.		157,729		10,832,828
General Motors Co.^(b)		364,308		19,209,961
Genuine Parts Co.		32,021		4,266,158
Gilead Sciences Inc.		352,356		24,199,810
Global Payments Inc.		81,954		12,283,266
Globe Life Inc.		24,025		2,457,758
GoDaddy Inc., Class A^(b)		49,219		3,726,370


Security	Shares		Value

United States (continued)
Goldman Sachs Group Inc. (The)		94,020	$	33,347,014
Guidewire Software Inc.^(a)(b)		25,140		2,535,118
Halliburton Co.		247,561		7,610,025
Hartford Financial Services Group Inc. (The)		99,973		7,185,060
Hasbro Inc.		37,379		3,456,810
HCA Healthcare Inc.		72,820		17,480,441
Healthpeak Properties Inc.		163,168		5,771,252
HEICO Corp.		13,594		1,854,086
HEICO Corp., Class A		15,260		1,674,022
Henry Schein Inc.^(b)		31,436		2,367,131
Hershey Co. (The)		40,610		8,003,013
Hess Corp.		82,649		7,627,676
Hewlett Packard Enterprise Co.		382,918		6,253,051
Hilton Worldwide Holdings Inc.^(b)		63,385		9,197,797
Hologic Inc.^(b)		62,165		4,366,470
Home Depot Inc. (The)		291,918		107,128,068
Honeywell International Inc.		190,523		38,958,143
Hormel Foods Corp.		87,064		4,132,928
Host Hotels & Resorts Inc.^(b)		207,647		3,600,599
Howmet Aerospace Inc.		117,103		3,640,732
HP Inc.		345,167		12,677,984
HubSpot Inc.^(b)		12,486		6,103,157
Humana Inc.		35,582		13,965,935
Huntington Bancshares Inc./OH		272,252		4,100,115
Huntington Ingalls Industries Inc.		10,229		1,914,869
IAC/InterActiveCorp.^(a)(b)		23,521		3,211,557
IDEX Corp.		15,643		3,370,128
IDEXX Laboratories Inc.^(b)		24,669		12,514,584
IHS Markit Ltd.		105,981		12,377,521
Illinois Tool Works Inc.		87,738		20,523,673
Illumina Inc.^(b)		41,441		14,455,450
Incyte Corp.^(b)		54,347		4,039,613
Ingersoll Rand Inc.		105,745		5,943,926
Insulet Corp.^(b)		18,565		4,604,120
Intel Corp.		1,125,216		54,933,045
Intercontinental Exchange Inc.		159,420		20,192,137
International Business Machines Corp.		250,458		33,453,675
International Flavors & Fragrances Inc.		69,508		9,169,495
International Paper Co.		110,510		5,332,108
Interpublic Group of Companies Inc. (The)		84,468		3,001,993
Intuit Inc.		75,842		42,109,754
Intuitive Surgical Inc.^(b)		100,353		28,518,316
Invesco Ltd.		99,646		2,257,978
Invitation Homes Inc.		130,013		5,457,946
IPG Photonics Corp.^(b)		10,858		1,677,235
IQVIA Holdings Inc.^(b)		47,313		11,586,954
Iron Mountain Inc.		70,023		3,215,456
Jack Henry & Associates Inc.		18,555		3,113,715
Jacobs Engineering Group Inc.		36,253		4,719,416
Jazz Pharmaceuticals PLC^(b)		17,116		2,377,584
JB Hunt Transport Services Inc.		18,954		3,649,403
JM Smucker Co. (The)		25,137		3,533,759
Johnson & Johnson		723,304		124,618,046
Johnson Controls International PLC		198,433		14,420,126
JPMorgan Chase & Co.		816,519		121,334,723
Juniper Networks Inc.		90,982		3,167,993
Kellogg Co.		50,574		3,186,162
Keurig Dr Pepper Inc.		157,714		5,985,246
KeyCorp.		287,576		7,206,655
Keysight Technologies Inc.^(b)		51,490		8,692,542


Security	Shares		Value

United States (continued)
Kimberly-Clark Corp.		82,184	$	11,312,628
Kinder Morgan Inc.		567,308		9,848,467
KKR & Co. Inc.		149,814		10,660,764
KLA Corp.		43,779		17,041,851
Knight-Swift Transportation Holdings Inc.		36,533		2,067,037
Kraft Heinz Co. (The)		191,674		6,861,929
Kroger Co. (The)		205,396		8,953,212
L3Harris Technologies Inc.		57,128		11,956,319
Laboratory Corp. of America Holdings^(b)		27,832		7,552,492
Lam Research Corp.		39,908		23,542,527
Las Vegas Sands Corp.^(b)		96,997		4,248,469
Lear Corp.		11,587		1,938,737
Leidos Holdings Inc.		39,446		3,528,445
Lennar Corp., Class A		79,732		7,663,043
Lennox International Inc.		7,991		2,266,407
Liberty Broadband Corp., Class C, NVS^(b)		40,550		6,018,025
Liberty Global PLC, Class A^(b)		46,544		1,262,273
Liberty Global PLC, Class C, NVS^(b)		99,613		2,693,536
Liberty Media Corp.-Liberty Formula One, Class C, NVS^(b)		62,064		3,738,115
Liberty Media Corp.-Liberty SiriusXM, Class A^(a)(b)		19,338		894,383
Liberty Media Corp.-Liberty SiriusXM, Class C, NVS^(b)		39,932		1,858,036
Lincoln National Corp.		55,598		3,890,748
Live Nation Entertainment Inc.^(b)		39,098		4,281,622
LKQ Corp.		86,317		4,737,940
Lockheed Martin Corp.		66,330		25,810,993
Loews Corp.		46,949		2,800,977
Lowe’s Companies Inc.		193,251		45,868,125
Lucid Group Inc.^(a)(b)		115,122		3,383,436
Lululemon Athletica Inc.^(b)		33,691		11,244,708
Lumen Technologies Inc.		277,902		3,434,869
Lyft Inc., Class A^(b)		70,328		2,709,035
LyondellBasell Industries NV, Class A		77,817		7,527,238
M&T Bank Corp.		37,675		6,381,391
Marathon Petroleum Corp.		184,832		13,261,696
Markel Corp.^(b)		3,368		4,151,868
MarketAxess Holdings Inc.		9,174		3,160,260
Marriott International Inc./MD, Class A^(b)		79,554		12,817,740
Marsh & McLennan Companies Inc.		141,742		21,777,241
Martin Marietta Materials Inc.		18,279		7,112,724
Marvell Technology Inc.		229,399		16,379,089
Masco Corp.		76,773		4,862,034
Masimo Corp.^(b)		14,272		3,137,985
Mastercard Inc., Class A		243,781		94,192,103
Match Group Inc.^(b)		73,127		8,241,413
McCormick & Co. Inc./MD, NVS		72,872		7,309,790
McDonald’s Corp.		206,268		53,516,233
McKesson Corp.		45,254		11,617,607
Medical Properties Trust Inc.		135,273		3,078,813
Medtronic PLC		370,191		38,311,067
MercadoLibre Inc.^(a)(b)		12,461		14,106,600
Merck & Co. Inc.		705,449		57,479,985
Meta Platforms Inc, Class A^(b)		657,517		205,973,775
MetLife Inc.		209,854		14,072,809
Mettler-Toledo International Inc.^(b)		5,898		8,685,867
MGM Resorts International		115,426		4,930,999
Microchip Technology Inc.		148,794		11,528,559
Micron Technology Inc.		315,270		25,937,263
Microsoft Corp.		1,968,700		612,226,326


Security	Shares		Value

United States (continued)
Mid-America Apartment Communities Inc.		34,406	$	7,111,032
Moderna Inc.^(b)		95,749		16,213,178
Mohawk Industries Inc.^(b)		17,752		2,802,508
Molina Healthcare Inc.^(b)		14,876		4,321,180
Molson Coors Beverage Co., Class B		60,061		2,862,507
Mondelez International Inc., Class A		388,880		26,066,626
MongoDB Inc.^(b)		16,427		6,654,742
Monolithic Power Systems Inc.		12,414		5,001,973
Monster Beverage Corp.^(b)		111,310		9,652,803
Moody’s Corp.		46,888		16,082,584
Morgan Stanley		383,082		39,281,228
Mosaic Co. (The)		107,849		4,308,568
Motorola Solutions Inc.		47,381		10,989,549
MSCI Inc.		21,098		11,311,060
Nasdaq Inc.		25,073		4,493,332
NetApp Inc.		68,322		5,910,536
Netflix Inc.^(b)		122,142		52,171,734
Neurocrine Biosciences Inc.^(b)		25,760		2,035,555
Newell Brands Inc.		124,428		2,887,974
Newmont Corp.		221,674		13,559,799
News Corp., Class A, NVS		112,312		2,497,819
NextEra Energy Inc.		528,471		41,284,155
Nike Inc., Class B		354,764		52,529,905
NiSource Inc.		76,605		2,235,334
Nordson Corp.		14,784		3,437,871
Norfolk Southern Corp.		69,822		18,990,886
Northern Trust Corp.		58,645		6,840,353
Northrop Grumman Corp.		43,387		16,048,851
NortonLifeLock Inc.		172,236		4,479,858
Novavax Inc.^(a)(b)		20,456		1,916,727
Novocure Ltd.^(a)(b)		25,284		1,735,747
NRG Energy Inc.		72,125		2,879,951
Nuance Communications Inc.^(b)		79,003		4,364,916
Nucor Corp.		84,063		8,523,988
NVIDIA Corp.		691,842		169,404,432
NVR Inc.^(b)		792		4,219,158
O’Reilly Automotive Inc.^(b)		19,170		12,494,047
Oak Street Health Inc.^(a)(b)		31,139		541,196
Occidental Petroleum Corp.		269,004		10,133,381
Okta Inc.^(a)(b)		35,807		7,085,847
Old Dominion Freight Line Inc.		22,929		6,922,953
Omnicom Group Inc.		62,796		4,732,307
ON Semiconductor Corp.^(b)		104,622		6,172,698
ONEOK Inc.		132,097		8,015,646
Oracle Corp.		468,944		38,059,495
Otis Worldwide Corp.		98,160		8,385,809
Owens Corning		23,045		2,044,092
PACCAR Inc.		100,129		9,310,996
Packaging Corp. of America		21,915		3,301,056
Palantir Technologies Inc., Class A^(b)		441,131		6,047,906
Palo Alto Networks Inc.^(b)		27,731		14,348,019
Parker-Hannifin Corp.		37,669		11,677,767
Paychex Inc.		94,088		11,079,803
Paycom Software Inc.^(b)		14,837		4,974,846
PayPal Holdings Inc.^(b)		309,421		53,201,847
Peloton Interactive Inc., Class A^(b)		77,433		2,116,244
Pentair PLC		53,785		3,426,105
PepsiCo Inc.		381,913		66,269,544
PerkinElmer Inc.		26,977		4,644,630
Pfizer Inc.		1,552,293		81,790,318


Security	Shares		Value

United States (continued)
PG&E Corp.^(b)		413,739	$	5,291,722
Philip Morris International Inc.		419,138		43,108,343
Phillips 66		106,725		9,049,213
Pinterest Inc., Class A^(b)		154,315		4,561,551
Pioneer Natural Resources Co.		59,873		13,105,601
Plug Power Inc.^(a)(b)		146,435		3,202,533
PNC Financial Services Group Inc. (The)		119,505		24,616,835
Pool Corp.		10,803		5,144,929
PPG Industries Inc.		67,916		10,608,479
PPL Corp.		205,533		6,100,219
Principal Financial Group Inc.		75,076		5,485,053
Procter & Gamble Co. (The)		668,788		107,307,035
Progressive Corp. (The)		166,368		18,077,547
Prologis Inc.		205,415		32,213,180
Prudential Financial Inc.		108,048		12,054,915
PTC Inc.^(b)		24,460		2,843,720
Public Service Enterprise Group Inc.		144,977		9,645,320
Public Storage		44,952		16,116,641
PulteGroup Inc.		77,250		4,070,303
Qorvo Inc.^(b)		32,454		4,455,285
QUALCOMM Inc.		313,869		55,165,615
Quest Diagnostics Inc.		35,053		4,732,856
Raymond James Financial Inc.		36,204		3,832,917
Raytheon Technologies Corp.		418,356		37,731,528
Realty Income Corp.		137,297		9,529,785
Regency Centers Corp.		36,488		2,618,014
Regeneron Pharmaceuticals Inc.^(b)		29,850		18,166,411
Regions Financial Corp.		288,243		6,612,294
Republic Services Inc.		62,311		7,954,622
ResMed Inc.		42,150		9,635,490
RingCentral Inc., Class A^(b)		21,801		3,847,658
Rivian Automotive Inc., Class A^(b)		46,848		3,079,788
Robert Half International Inc.		27,143		3,074,216
Robinhood Markets Inc., Class A^(a)(b)		45,946		650,136
Rockwell Automation Inc.		32,413		9,374,488
Roku Inc., Class A^(b)		32,363		5,309,150
Rollins Inc.		57,201		1,764,651
Roper Technologies Inc.		29,319		12,817,094
Ross Stores Inc.		101,744		9,945,476
Royal Caribbean Cruises Ltd.^(b)		61,537		4,788,194
RPM International Inc.		31,596		2,799,722
S&P Global Inc.		67,202		27,903,614
salesforce.com Inc.^(b)		271,382		63,131,595
SBA Communications Corp.		31,867		10,370,796
Schlumberger NV		382,772		14,954,902
Seagen Inc.^(a)(b)		37,132		4,994,625
Sealed Air Corp.		37,856		2,571,180
SEI Investments Co.		26,177		1,534,234
Sempra Energy		80,363		11,102,952
ServiceNow Inc.^(b)		55,887		32,737,487
Sherwin-Williams Co. (The)		70,022		20,062,003
Signature Bank/New York NY		16,238		4,946,582
Simon Property Group Inc.		89,660		13,197,952
Sirius XM Holdings Inc.^(a)		312,768		1,989,204
Skyworks Solutions Inc.		47,429		6,949,297
Snap Inc., Class A, NVS^(b)		296,953		9,662,851
Snap-on Inc.		13,063		2,720,370
Snowflake Inc., Class A^(b)		59,254		16,348,179
SoFi Technologies Inc.^(a)(b)		143,829		1,794,986
SolarEdge Technologies Inc.^(b)		14,386		3,427,033


Security	Shares		Value

United States (continued)
Southern Co. (The)		297,373	$	20,664,450
Southwest Airlines Co.^(b)		43,178		1,932,647
Splunk Inc.^(b)		47,120		5,839,110
SS&C Technologies Holdings Inc.		63,966		5,108,964
Stanley Black & Decker Inc.		37,038		6,468,687
Starbucks Corp.		328,728		32,320,537
State Street Corp.		105,364		9,956,898
Steel Dynamics Inc.		47,245		2,623,042
Stryker Corp.		95,263		23,629,987
Sun Communities Inc.		24,143		4,562,061
Sunrun Inc.^(a)(b)		52,282		1,355,672
SVB Financial Group^(b)		16,013		9,349,991
Synchrony Financial		156,039		6,645,701
Synopsys Inc.^(b)		36,381		11,296,300
Sysco Corp.		140,424		10,974,136
T-Mobile U.S. Inc.^(b)		170,467		18,439,415
T Rowe Price Group Inc.		65,323		10,087,831
Take-Two Interactive Software Inc.^(b)		32,806		5,358,532
Target Corp.		137,124		30,226,243
TE Connectivity Ltd.		91,329		13,060,960
Teladoc Health Inc.^(b)		38,894		2,983,559
Teledyne Technologies Inc.^(b)		12,184		5,134,703
Teleflex Inc.		10,003		3,102,831
Teradyne Inc.		47,399		5,566,065
Tesla Inc.^(b)		232,502		217,789,273
Texas Instruments Inc.		257,259		46,175,418
Textron Inc.		62,700		4,267,362
Thermo Fisher Scientific Inc.		109,465		63,632,004
TJX Companies Inc. (The)		338,363		24,351,985
Tractor Supply Co.		31,791		6,940,293
Trade Desk Inc. (The), Class A^(b)		123,236		8,569,831
Tradeweb Markets Inc., Class A		27,368		2,319,985
TransDigm Group Inc.^(b)		14,853		9,152,270
TransUnion		55,707		5,744,506
Travelers Companies Inc. (The)		68,913		11,451,962
Trimble Inc.^(b)		76,894		5,548,671
Truist Financial Corp.		371,895		23,362,444
Twilio Inc., Class A^(b)		46,524		9,589,527
Twitter Inc.^(b)		224,632		8,425,946
Tyler Technologies Inc.^(b)		10,714		5,076,293
Tyson Foods Inc., Class A		85,436		7,765,278
U.S. Bancorp		381,908		22,223,227
Uber Technologies Inc.^(b)		301,639		11,281,299
UDR Inc.		87,075		4,949,343
UGI Corp.		44,773		2,030,456
Ulta Beauty Inc.^(b)		14,639		5,324,790
Union Pacific Corp.		181,170		44,305,123
United Parcel Service Inc., Class B		202,449		40,937,212
United Rentals Inc.^(b)		21,788		6,974,775
UnitedHealth Group Inc.		260,234		122,978,781
Unity Software Inc.^(a)(b)		16,879		1,774,827
Universal Health Services Inc., Class B		17,920		2,330,675
Upstart Holdings Inc.^(b)		6,235		679,677
Vail Resorts Inc.		12,310		3,411,101
Valero Energy Corp.		119,258		9,894,836
Veeva Systems Inc., Class A^(b)		39,506		9,344,749
Ventas Inc.		108,833		5,770,326
VeriSign Inc.^(b)		30,066		6,529,734
Verisk Analytics Inc.		43,806		8,591,671
Verizon Communications Inc.		1,136,952		60,519,955


Security	Shares		Value


United States (continued)
Vertex Pharmaceuticals Inc.^(b)		72,280	$	17,567,654
VF Corp.		94,181		6,141,543
ViacomCBS Inc., Class B, NVS		170,032		5,687,570
Viatris Inc.		348,085		5,210,832
VICI Properties Inc.		124,280		3,556,894
Visa Inc., Class A		463,285		104,781,168
Vistra Corp.		99,993		2,180,847
VMware Inc., Class A		54,150		6,957,192
Vornado Realty Trust		45,306		1,857,999
Vulcan Materials Co.		38,173		7,264,704
W R Berkley Corp.		40,599		3,430,616
Walmart Inc.		423,919		59,268,115
Walgreens Boots Alliance Inc.		209,062		10,402,925
Walt Disney Co. (The)^(b)		502,759		71,879,454
Waste Management Inc.		117,883		17,734,319
Waters Corp.^(b)		18,521		5,928,943
Wayfair Inc., Class A^(a)(b)		20,372		3,176,402
WEC Energy Group Inc.		90,952		8,825,982
Wells Fargo & Co.		1,132,586		60,933,127
Welltower Inc.		118,308		10,249,022
West Pharmaceutical Services Inc.		21,471		8,442,827
Western Digital Corp.^(b)		86,761		4,489,014
Western Union Co. (The)		128,441		2,428,819
Westinghouse Air Brake Technologies Corp.		50,177		4,460,735
Westrock Co.		78,213		3,610,312
Weyerhaeuser Co.		206,685		8,356,275
Whirlpool Corp.		19,388		4,075,164
Williams Companies Inc. (The)		295,604		8,850,384
Willis Towers Watson PLC		36,785		8,606,219
Workday Inc., Class A^(b)		50,532		12,785,101
WP Carey Inc.		35,031		2,718,406
WW Grainger Inc.		12,884		6,378,997
Wynn Resorts Ltd.^(b)		30,821		2,633,654
Xcel Energy Inc.		149,633		10,423,435
Xilinx Inc.		71,143		13,769,728
Xylem Inc./NY		54,967		5,772,634
Yum! Brands Inc.		84,343		10,557,213
Zebra Technologies Corp., Class A^(b)		14,867		7,569,087
Zendesk Inc.^(a)(b)		31,149		3,068,488
Zillow Group Inc., Class C, NVS^(b)		46,833		2,364,130
Zimmer Biomet Holdings Inc.		57,823		7,113,385
Zoetis Inc.		132,317		26,435,613
Zoom Video Communications Inc., Class A^(b)		60,547		9,341,191
ZoomInfo Technologies Inc.^(b)		64,169		3,391,973
Zscaler Inc.^(b)		23,663		6,083,994


				11,090,300,389


Total Common Stocks — 99.3% (Cost: $13,744,111,890)				18,416,109,029


Preferred Stocks

Brazil — 0.2%
Banco Bradesco SA, Preference Shares, NVS		1,603,379		6,884,435
Cia. Energetica de Minas Gerais, Preference Shares, NVS		474,532		1,173,350
Gerdau SA, Preference Shares, NVS		256,750		1,346,099
Itau Unibanco Holding SA, Preference Shares, NVS		1,255,764		5,990,189
Itausa SA, Preference Shares, NVS		1,390,531		2,668,408


Security	Shares		Value


Brazil (continued)
Petroleo Brasileiro SA, Preference Shares, NVS		1,667,537	$	10,158,909


				28,221,390

Chile — 0.0%
Sociedad Quimica y Minera de Chile SA, Class B, Preference Shares		42,165		2,258,100


Colombia — 0.0%
Bancolombia SA, Preference Shares, NVS		180,813		1,614,032


Germany — 0.1%
Bayerische Motoren Werke AG, Preference Shares, NVS		4,823		417,412
Fuchs Petrolub SE, Preference Shares, NVS		16,341		706,179
Henkel AG & Co. KGaA, Preference Shares, NVS		52,587		4,301,010
Porsche Automobil Holding SE, Preference Shares, NVS		45,405		4,252,129
Sartorius AG, Preference Shares, NVS		8,503		4,590,577
Volkswagen AG, Preference Shares, NVS^(a)		61,666		12,843,313


				27,110,620

Russia — 0.0%
Surgutneftegas PJSC, Preference Shares, NVS		1,929,900		931,457


South Korea — 0.1%
Samsung Electronics Co. Ltd., Preference Shares, NVS		244,058		13,727,593


Total Preferred Stocks — 0.4% (Cost: $58,705,920)				73,863,192


Rights

China — 0.0%
Citic Securities Co. Ltd. (Expires 02/23/22)^(b)		90,525		35,759


South Korea — 0.0%
Doosan Heavy Industries & Construction Co. Ltd. (Expires 02/11/22)^(a)(b)		9,806		13,829


Spain — 0.0%
Asc Actividades De Construccio (Expires 02/02/22)^(b)(d)		67,617		33,842


Total Rights — 0.0% (Cost: $36,244)				83,430


Short-Term Investments

Money Market Funds — 1.1%
BlackRock Cash Funds: Institutional, SL Agency Shares, 0.08%^(f)(g)(h)		184,475,073		184,530,416
BlackRock Cash Funds: Treasury, SL Agency Shares, 0.00%^(f)(g)		11,060,000		11,060,000


				195,590,416


Total Short-Term Investments — 1.1% (Cost: $195,507,275)				195,590,416


Total Investments in Securities — 100.8% (Cost: $13,998,361,329)				18,685,646,067

Other Assets, Less Liabilities — (0.8)%				(146,414,525	)


Net Assets — 100.0%			$	18,539,231,542

Investments in issuers considered to be affiliate(s) of the Fund during the six months ended January 31, 2022 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

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

For the period ended January 31, 2022, the effect of derivative financial instruments in the Statements of Operations was as follows:

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

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

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


Security	Shares		Value

Common Stocks

Australia — 1.6%
Ampol Ltd.		37,510	$	794,574
Aristocrat Leisure Ltd.		15,818		458,529
Australia & New Zealand Banking Group Ltd.		57,350		1,083,848
Brambles Ltd.		83,855		576,088
Coles Group Ltd.		155		1,781
Commonwealth Bank of Australia		30,070		2,005,360
Computershare Ltd.		36,270		502,760
CSL Ltd.		9,145		1,694,043
Endeavour Group Ltd./Australia		23,715		105,926
Fortescue Metals Group Ltd.		90,055		1,264,562
Goodman Group		31,000		511,864
GPT Group (The)		173,600		615,178
James Hardie Industries PLC		19,530		657,287
Lendlease Corp. Ltd.		23,405		165,626
Macquarie Group Ltd.		7,634		997,852
Mirvac Group		155		287
National Australia Bank Ltd.		68,665		1,324,922
Northern Star Resources Ltd.		35,960		214,319
QBE Insurance Group Ltd.		59,985		476,259
REA Group Ltd.		4,340		449,610
Rio Tinto PLC		155		10,925
Scentre Group		241,800		502,012
Sonic Healthcare Ltd.		9,610		258,800
Suncorp Group Ltd.		37,975		298,252
Sydney Airport^(a)		55,675		342,185
Tabcorp Holdings Ltd.		78,442		275,612
Telstra Corp. Ltd.		73,780		205,103
Transurban Group		97,340		859,923
Treasury Wine Estates Ltd.		52,700		396,105
Vicinity Centres		123,225		142,856
Wesfarmers Ltd.		27,125		1,012,102
Westpac Banking Corp.		74,710		1,077,537
Woolworths Group Ltd.		23,715		578,515


				19,860,602

Austria — 0.1%
Erste Group Bank AG		6,975		326,015
Raiffeisen Bank International AG		7,811		219,546
Verbund AG		9,455		1,001,380


				1,546,941

Belgium — 0.2%
Anheuser-Busch InBev SA/NV		20,925		1,319,135
Elia Group SA/NV		2,790		376,495
Groupe Bruxelles Lambert SA		4,506		483,507
Umicore SA		9,610		363,793


				2,542,930

Brazil — 0.4%
Ambev SA		180,420		508,632
B3 SA - Brasil, Bolsa, Balcao		162,750		448,090
Banco Bradesco SA		121,675		430,781
Banco do Brasil SA		31,000		190,667
Localiza Rent a Car SA		52,700		581,575
Lojas Renner SA		25,265		133,793
Natura & Co. Holding SA^(a)		31,000		132,521
Notre Dame Intermedica Participacoes SA		155		2,078
Vale SA		124,204		1,891,561
WEG SA		31,000		187,748


				4,507,446


Security	Shares		Value

Canada — 3.5%
Agnico Eagle Mines Ltd.		12,400	$	592,223
Alimentation Couche-Tard Inc.		21,080		850,231
AltaGas Ltd.		73,470		1,509,107
Bank of Montreal		12,555		1,421,086
Bank of Nova Scotia (The)		23,095		1,663,516
BCE Inc.		16,585		866,337
Brookfield Asset Management Inc., Class A		36,425		2,005,861
Brookfield Renewable Corp., Class A		16,120		551,515
CAE Inc.^(a)		14,570		367,932
Cameco Corp.		41,230		801,474
Canadian Imperial Bank of Commerce		6,665		836,933
Canadian National Railway Co.		13,640		1,662,467
Canadian Pacific Railway Ltd.		16,284		1,164,982
Canadian Tire Corp. Ltd., Class A, NVS		4,030		581,856
Canopy Growth Corp.^(a)(b)		12,555		100,942
CCL Industries Inc., Class B, NVS		13,330		696,937
CGI Inc.^(a)		2,945		251,442
Constellation Software Inc.		465		800,887
Enbridge Inc.		70,215		2,968,457
Fairfax Financial Holdings Ltd.		775		374,224
First Quantum Minerals Ltd.		22,320		549,769
Franco-Nevada Corp.		9,765		1,291,117
George Weston Ltd.		5,580		608,504
Great-West Lifeco Inc.		5,735		179,158
Hydro One Ltd.^(c)		37,820		977,075
Intact Financial Corp.		4,185		567,032
Ivanhoe Mines Ltd., Class A^(a)		84,630		725,029
Keyera Corp.		23,095		543,423
Kirkland Lake Gold Ltd.		10,695		402,845
Loblaw Companies Ltd.		10,075		777,292
Lundin Mining Corp.		58,280		485,533
Magna International Inc.		6,200		499,502
Manulife Financial Corp.		33,945		706,859
Metro Inc.		6,975		373,072
National Bank of Canada		3,255		260,421
Open Text Corp.		14,570		697,352
Pan American Silver Corp.		8,060		174,433
Pembina Pipeline Corp.		50,995		1,619,131
Power Corp. of Canada		7,440		239,152
Restaurant Brands International Inc.		7,595		424,816
RioCan REIT		17,515		304,926
Rogers Communications Inc., Class B, NVS		11,935		605,318
Royal Bank of Canada		24,955		2,845,241
Shaw Communications Inc., Class B, NVS		17,825		531,321
Shopify Inc., Class A^(a)		2,325		2,244,156
Sun Life Financial Inc.		10,695		605,698
TELUS Corp.		26,040		612,718
TFI International Inc.		3,720		358,055
Thomson Reuters Corp.		8,680		931,812
Toronto-Dominion Bank (The)		31,031		2,485,361
Wheaton Precious Metals Corp.		25,420		1,024,879
WSP Global Inc.		4,340		578,712


				45,298,121

Chile — 0.0%
Falabella SA		111,910		398,318


China — 3.9%
Agricultural Bank of China Ltd., Class H		1,705,000		648,709
Alibaba Group Holding Ltd.^(a)		294,568		4,616,930
Alibaba Health Information Technology Ltd.^(a)		42,000		31,658


Security	Shares		Value

China (continued)
ANTA Sports Products Ltd.^(b)		31,000	$	465,473
Baidu Inc., ADR^(a)		5,425		866,590
Bank of China Ltd., Class H		3,410,000		1,329,193
Bank of Communications Co. Ltd., Class A		1,023,000		763,963
Bank of Jiangsu Co. Ltd., Class A		294,500		306,169
Bank of Nanjing Co. Ltd., Class A		341,000		529,420
BeiGene Ltd., ADR^(a)		1,395		338,399
Bilibili Inc., ADR^(a)		4,650		164,099
BYD Co. Ltd., Class H		7,000		207,039
CGN Power Co. Ltd., Class H^(c)		2,170,000		599,569
China CITIC Bank Corp. Ltd., Class H		930,000		443,698
China Construction Bank Corp., Class H		2,635,000		2,021,963
China Everbright Bank Co. Ltd., Class A		279,000		147,136
China Life Insurance Co. Ltd., Class H		310,000		544,948
China Mengniu Dairy Co. Ltd.		18,000		106,391
China Merchants Bank Co. Ltd., Class A		46,500		361,512
China Merchants Bank Co. Ltd., Class H		77,500		647,754
China Merchants Port Holdings Co. Ltd.		310,000		572,932
China Minsheng Banking Corp. Ltd., Class A		806,060		492,753
China Molybdenum Co. Ltd., Class H		930,000		477,902
China National Nuclear Power Co. Ltd., Class A		527,098		589,148
China Northern Rare Earth Group High-Tech Co. Ltd., Class A		46,500		276,433
China Oilfield Services Ltd., Class H		930,000		914,618
China Overseas Land & Investment Ltd.		155,000		457,479
China Resources Beer Holdings Co. Ltd.		14,000		104,522
China Resources Gas Group Ltd.		26,000		130,049
China Resources Land Ltd.		22,000		106,340
China Suntien Green Energy Corp. Ltd., Class H		620,000		377,803
China Tower Corp. Ltd., Class H^(c)		3,100,000		374,476
China Vanke Co. Ltd., Class H		47,200		122,024
China Yangtze Power Co. Ltd., Class A		201,500		694,923
Contemporary Amperex Technology Co. Ltd., Class A		2,100		202,633
Country Garden Holdings Co. Ltd.		155,000		127,310
Country Garden Services Holdings Co. Ltd.		15,000		88,608
Daqo New Energy Corp., ADR^(a)		4,960		198,995
ENN Energy Holdings Ltd.		46,500		740,292
Foshan Haitian Flavouring & Food Co. Ltd., Class A		20,632		315,753
Geely Automobile Holdings Ltd.		155,000		335,537
GEM Co. Ltd., Class A		186,000		260,833
Great Wall Motor Co. Ltd., Class H		77,500		210,264
Industrial & Commercial Bank of China Ltd., Class H		1,705,000		1,032,966
Industrial Bank Co. Ltd., Class A		170,598		564,405
Innovent Biologics Inc.^(a)(c)		14,000		59,287
JD.com Inc., Class A^(a)		41,710		1,580,867
Jiangsu Expressway Co. Ltd., Class H		310,000		323,905
Kweichow Moutai Co. Ltd., Class A		800		238,926
Lenovo Group Ltd.		310,000		335,950
Li Auto Inc., ADR^(a)		11,935		311,384
Li Ning Co. Ltd.		77,500		756,245
Meituan, Class B^(a)(c)		81,700		2,437,466
Muyuan Foods Co. Ltd., Class A		33,036		287,305
NetEase Inc.		46,200		964,632
NIO Inc., ADR^(a)(b)		28,830		706,623
Nongfu Spring Co. Ltd., Class H^(c)		62,000		375,385
People’s Insurance Co. Group of China Ltd. (The), Class H		620,000		196,199
PICC Property & Casualty Co. Ltd., Class H		310,000		288,843
Pinduoduo Inc., ADR^(a)		9,455		565,787
Ping An Insurance Group Co. of China Ltd., Class H		155,000		1,230,052


Security	Shares		Value

China (continued)
SF Holding Co. Ltd., Class A		31,000	$	310,997
Shenzhen International Holdings Ltd.		465,000		471,848
Shenzhou International Group Holdings Ltd.		31,000		575,203
Sichuan Chuantou Energy Co. Ltd., Class A		232,500		405,036
Sunac China Holdings Ltd.		155,000		191,010
Sunny Optical Technology Group Co. Ltd.		15,500		400,172
Tencent Holdings Ltd		108,500		6,798,857
Trip.com Group Ltd., ADR^(a)		12,400		329,964
Wuliangye Yibin Co. Ltd., Class A		15,500		487,469
WuXi AppTec Co. Ltd., Class H^(c)		17,500		251,007
Wuxi Biologics Cayman Inc., New^(a)(c)		107,000		1,072,436
Xiaomi Corp., Class B^(a)(c)		341,000		723,387
XPeng Inc., ADR^(a)		8,680		304,581
Yantai Jereh Oilfield Services Group Co. Ltd., Class A		62,000		410,678
Yintai Gold Co. Ltd., Class A		279,000		365,166
Zhejiang Expressway Co. Ltd., Class H		310,000		265,588
Zhejiang Huayou Cobalt Co. Ltd., Class A		8,800		138,262
Zijin Mining Group Co. Ltd., Class H		310,000		402,445
ZTO Express Cayman Inc., ADR		9,300		279,372


				49,751,945

Colombia — 0.1%
Grupo de Inversiones Suramericana SA		88,505		610,915
Interconexion Electrica SA ESP		74,090		442,913


				1,053,828

Czech Republic — 0.0%
Komercni Banka AS		11,935		529,237


Denmark — 0.5%
Carlsberg A/S, Class B		1,610		260,708
Chr Hansen Holding A/S		5,580		447,490
Genmab A/S^(a)		1,240		422,257
Novo Nordisk A/S, Class B		33,325		3,314,779
Novozymes A/S, Class B		6,975		478,816
Orsted A/S^(c)		7,750		825,724
Pandora A/S		2,480		269,675
Vestas Wind Systems A/S		24,025		650,126


				6,669,575

Finland — 0.3%
Kesko OYJ, Class B		15,655		494,435
Kone OYJ, Class B		3,410		220,846
Neste OYJ		28,365		1,279,248
Nokia OYJ^(a)		98,425		586,970
Nordea Bank Abp		42,315		502,604
Sampo OYJ, Class A		15,345		761,615
Wartsila OYJ Abp		25,420		313,845


				4,159,563

France — 2.5%
Aeroports de Paris^(a)		2,790		378,605
Airbus SE^(a)		12,400		1,583,396
Alstom SA		7,750		251,253
AXA SA		55,025		1,742,697
BNP Paribas SA		20,150		1,438,496
Bureau Veritas SA		10,230		292,704
Capgemini SE		3,255		731,777
CNP Assurances		12,555		309,043
Danone SA		11,470		715,167
Dassault Aviation SA		1,550		184,206
Dassault Systemes SE		7,750		374,777
Edenred		4,218		181,173


Security	Shares		Value

France (continued)
Eiffage SA		2,790	$	293,154
EssilorLuxottica SA		6,355		1,202,273
Eurofins Scientific SE		2,790		280,124
Gecina SA		1,305		177,078
Getlink SE		15,655		246,956
Hermes International		465		698,160
Kering SA		1,550		1,157,485
Klepierre SA		13,485		358,677
Legrand SA		5,580		567,894
L’Oreal SA		6,045		2,582,101
LVMH Moet Hennessy Louis Vuitton SE		5,580		4,583,285
Orange SA		19,840		233,070
Pernod Ricard SA		4,960		1,060,941
Publicis Groupe SA		6,200		420,117
Renault SA^(a)		8,990		357,284
Safran SA		6,975		844,458
Sanofi		23,250		2,431,067
Sartorius Stedim Biotech		775		339,846
Schneider Electric SE		12,400		2,100,502
Societe Generale SA		18,755		696,192
Sodexo SA		3,565		331,558
Teleperformance		930		350,228
Thales SA		2,945		271,669
Unibail-Rodamco-Westfield^(a)(b)		5,270		401,559
Vinci SA		15,345		1,681,912
Vivendi SE		25,265		331,107
Worldline SA/France^(a)(c)		7,750		375,644


			32,557,635

Germany — 1.8%
adidas AG		3,720		1,020,832
Allianz SE, Registered		10,230		2,626,578
Aroundtown SA		27,435		169,453
Bayer AG, Registered		21,080		1,280,691
Bayerische Motoren Werke AG		10,075		1,066,367
Beiersdorf AG		2,188		217,626
Brenntag SE		3,100		265,596
Daimler AG, Registered		20,460		1,632,580
Daimler Truck Holding AG^(a)		10,230		360,647
Delivery Hero SE^(a)(c)		3,720		287,147
Deutsche Bank AG, Registered^(a)		44,640		621,546
Deutsche Boerse AG		3,410		606,136
Deutsche Post AG, Registered		14,415		867,503
Deutsche Telekom AG, Registered		68,200		1,287,546
Fresenius SE & Co. KGaA		11,470		473,486
GEA Group AG		5,270		248,982
HelloFresh SE^(a)		5,115		340,560
Infineon Technologies AG		29,605		1,229,429
Merck KGaA		2,945		645,833
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen, Registered		2,945		932,343
Puma SE		155		16,578
SAP SE		21,390		2,683,615
Siemens AG, Registered		17,050		2,707,047
Siemens Healthineers AG^(c)		4,960		318,741
Symrise AG		2,015		240,791
Vonovia SE		10,718		610,452
Zalando SE^(a)(c)		5,115		405,967


			23,164,072


Security	Shares		Value

Greece — 0.0%
OPAP SA		5,625	$	83,548


Hong Kong — 0.6%
AIA Group Ltd.		248,000		2,589,073
CK Asset Holdings Ltd.		77,500		517,344
Galaxy Entertainment Group Ltd.^(a)		46,000		266,398
Hong Kong Exchanges & Clearing Ltd.		20,900		1,192,882
Hongkong Land Holdings Ltd.^(b)		62,000		335,787
Link REIT		62,000		532,301
Power Assets Holdings Ltd.		103,000		632,895
Sands China Ltd.^(a)		62,000		172,884
Sun Hung Kai Properties Ltd.		33,500		408,717
Techtronic Industries Co. Ltd.		26,500		437,252


			7,085,533

India — 1.3%
Adani Enterprises Ltd.		13,485		312,526
Adani Green Energy Ltd.^(a)		14,880		377,754
Adani Ports & Special Economic Zone Ltd.		24,800		240,038
Adani Total Gas Ltd.		11,780		287,505
Asian Paints Ltd.		15,500		656,828
Avenue Supermarts Ltd.^(a)(c)		6,510		360,967
Axis Bank Ltd.^(a)		44,660		467,706
Bajaj Finance Ltd.		4,185		396,365
Bandhan Bank Ltd.^(c)		155		660
Bharti Airtel Ltd.^(a)		63,395		622,659
DLF Ltd.		63,395		335,714
Godrej Consumer Products Ltd.^(a)		11,625		139,085
HCL Technologies Ltd.		28,520		423,259
Hero MotoCorp Ltd.		3,100		113,899
Hindustan Unilever Ltd.		21,080		644,569
Housing Development Finance Corp. Ltd.		24,645		840,906
ICICI Bank Ltd.		55,132		592,291
ICICI Bank Ltd., ADR, NVS		26,334		572,238
Infosys Ltd.		76,415		1,797,869
ITC Ltd.		182,900		543,199
Kotak Mahindra Bank Ltd.		15,965		400,162
Larsen & Toubro Ltd.		17,205		443,387
Mahindra & Mahindra Ltd., GDR		5,580		67,463
Maruti Suzuki India Ltd.		2,170		251,403
Nestle India Ltd.		2,635		657,069
Petronet LNG Ltd.		249,550		717,402
PI Industries Ltd.		14,105		462,914
Reliance Industries Ltd.		33,480		1,078,965
SBI Life Insurance Co. Ltd.^(c)		11,625		193,218
Sun Pharmaceutical Industries Ltd.		24,025		269,910
Tata Consultancy Services Ltd.		19,861		1,000,117
Tata Motors Ltd.^(a)		58,900		406,351
Tech Mahindra Ltd.		20,460		408,416
Titan Co. Ltd.		11,780		375,619
Wipro Ltd.		13,950		107,706
Wipro Ltd., ADR		32,244		247,956


			16,814,095

Indonesia — 0.3%
Astra International Tbk PT		1,178,000		450,852
Bank Central Asia Tbk PT		1,076,100		572,375
Bank Mandiri Persero Tbk PT		511,500		268,030
Bank Rakyat Indonesia Persero Tbk PT		1,251,937		356,346
Charoen Pokphand Indonesia Tbk PT		341,000		149,836
Gudang Garam Tbk PT		77,500		165,401
Merdeka Copper Gold Tbk PT^(a)		1,953,000		499,270


Security	Shares		Value

Indonesia (continued)
Telkom Indonesia Persero Tbk PT		2,495,500	$	730,871


				3,192,981

Ireland — 0.4%
Flutter Entertainment PLC, Class DI^(a)		4,045		615,422
Horizon Therapeutics PLC^(a)		4,030		376,120
Kerry Group PLC, Class A		3,565		449,181
Kingspan Group PLC		4,185		402,836
Linde PLC		4,805		1,531,257
Seagate Technology Holdings PLC		3,875		415,206
STERIS PLC		1,395		313,038
Trane Technologies PLC		5,890		1,019,559


			5,122,619

Israel — 0.4%
Azrieli Group Ltd.		3,875		350,359
Bank Hapoalim BM		68,068		706,392
Bank Leumi Le-Israel BM		63,756		683,782
Check Point Software Technologies Ltd.^(a)		3,565		431,401
Elbit Systems Ltd.		3,100		516,407
Inmode Ltd.^(a)(b)		4,185		201,842
Isracard Ltd.		—		1
Israel Discount Bank Ltd., Class A		77,035		516,585
Kornit Digital Ltd.^(a)(b)		2,945		309,402
Mizrahi Tefahot Bank Ltd.		10,385		401,458
Nice Ltd.^(a)		2,170		555,471
Teva Pharmaceutical Industries Ltd., ADR^(a)(b)		28,520		240,424


			4,913,524

Italy — 0.6%
Assicurazioni Generali SpA		31,000		652,387
Atlantia SpA^(a)		18,910		350,880
Ferrari NV		2,635		607,295
Intesa Sanpaolo SpA		363,320		1,079,729
Mediobanca Banca di Credito Finanziario SpA		25,575		293,003
Moncler SpA		6,355		407,861
Poste Italiane SpA^(c)		46,810		628,312
Snam SpA		147,405		826,011
Tenaris SA		146,165		1,784,223
Terna - Rete Elettrica Nazionale		120,900		949,961
UniCredit SpA		37,510		596,162


			8,175,824

Japan — 5.6%
Advantest Corp.		15,500		1,319,244
Asahi Group Holdings Ltd.		15,500		632,721
Astellas Pharma Inc.		47,100		760,221
Canon Inc.		31,000		733,172
Central Japan Railway Co.		1,900		249,300
Chugai Pharmaceutical Co. Ltd.		15,500		503,436
Concordia Financial Group Ltd.		170,500		700,645
Dai-ichi Life Holdings Inc.		31,000		697,793
Daiichi Sankyo Co. Ltd.		46,500		1,044,854
Daikin Industries Ltd.		3,800		797,787
Daiwa House Industry Co. Ltd.		15,500		452,339
Daiwa Securities Group Inc.		108,500		653,788
Denso Corp.		3,800		283,608
Dentsu Group Inc.		15,500		536,792
FANUC Corp.		2,200		435,046
Fast Retailing Co. Ltd.		500		294,232
FUJIFILM Holdings Corp.		15,500		1,039,058
Hitachi Ltd.		15,500		805,628
Honda Motor Co. Ltd.		15,500		456,518


Security	Shares		Value

Japan (continued)
Hoya Corp.		15,500	$	2,009,859
Hulic Co. Ltd.		46,500		449,453
Iida Group Holdings Co. Ltd.		15,500		322,472
Isuzu Motors Ltd.		31,000		379,750
ITOCHU Corp.		24,100		774,248
Japan Post Holdings Co. Ltd.		93,000		793,804
Japan Post Insurance Co. Ltd.		15,500		271,772
Japan Tobacco Inc.		51,600		1,030,188
Kajima Corp.		31,000		374,406
Kao Corp.		15,500		774,559
KDDI Corp.		33,000		1,054,307
Keisei Electric Railway Co. Ltd.		15,500		437,428
Keyence Corp.		2,900		1,487,475
Komatsu Ltd.		31,000		778,997
Kubota Corp.		15,500		332,406
Kyocera Corp.		3,100		191,181
Lawson Inc.		15,500		679,351
M3 Inc.		15,500		595,922
Marubeni Corp.		108,500		1,116,458
Medipal Holdings Corp.		31,000		557,846
Misumi Group Inc.		15,500		502,849
Mitsubishi Electric Corp.		31,000		388,225
Mitsubishi Estate Co. Ltd.		46,500		669,713
Mitsubishi HC Capital Inc.		46,500		240,158
Mitsubishi UFJ Financial Group Inc.		310,000		1,878,997
Mitsui & Co. Ltd.		124,000		3,091,986
Mitsui Fudosan Co. Ltd.		15,500		332,279
Mizuho Financial Group Inc.		62,000		839,852
MS&AD Insurance Group Holdings Inc.		15,500		531,643
Murata Manufacturing Co. Ltd.		15,500		1,165,341
NEC Corp.		15,400		600,805
Nexon Co. Ltd.		15,500		292,200
Nidec Corp.		15,500		1,373,762
Nintendo Co. Ltd.		1,200		588,050
Nippon Paint Holdings Co. Ltd.		33,600		268,713
Nippon Telegraph & Telephone Corp.		31,000		887,150
Nomura Holdings Inc.		93,000		410,832
NTT Data Corp.		15,500		297,146
Obayashi Corp.		77,500		627,916
Olympus Corp.		31,000		693,688
Omron Corp.		2,100		153,530
Oriental Land Co. Ltd./Japan		2,200		382,983
ORIX Corp.		15,500		319,720
Panasonic Corp.		46,500		511,942
Rakuten Group Inc.^(a)		31,000		268,937
Recruit Holdings Co. Ltd.		31,000		1,532,286
Renesas Electronics Corp.^(a)		31,000		355,781
Resona Holdings Inc.		124,000		532,882
Ricoh Co. Ltd.		35,700		301,465
SBI Holdings Inc.		15,500		399,835
Secom Co. Ltd.		15,500		1,091,418
Sekisui House Ltd.		15,500		314,032
Seven & i Holdings Co. Ltd.		15,500		788,309
Shimizu Corp.		62,000		412,823
Shin-Etsu Chemical Co. Ltd.		6,700		1,120,972
Shiseido Co. Ltd.		15,500		781,882
Shizuoka Bank Ltd. (The)		31,000		243,582
SMC Corp.		600		334,657
Softbank Corp.		15,500		194,306
SoftBank Group Corp.		31,000		1,373,286


Security	Shares		Value

Japan (continued)
Sony Group Corp.		31,000	$	3,467,922
Subaru Corp.		18,500		336,725
Sumitomo Corp.		31,000		479,118
Sumitomo Mitsui Financial Group Inc.		31,000		1,116,649
Sumitomo Mitsui Trust Holdings Inc.		31,000		1,072,017
Sumitomo Realty & Development Co. Ltd.		15,500		479,573
T&D Holdings Inc.		31,000		458,127
Takeda Pharmaceutical Co. Ltd.		46,575		1,349,892
Terumo Corp.		15,500		565,809
Tokio Marine Holdings Inc.		15,500		924,942
Tokyo Electron Ltd.		1,900		929,353
Toshiba Corp.		15,500		641,855
Toyota Motor Corp.		201,500		3,982,279
Toyota Tsusho Corp.		15,500		628,579
Unicharm Corp.		15,500		598,974
Yaskawa Electric Corp.		15,500		648,991
Yokogawa Electric Corp.		15,500		253,975
Z Holdings Corp.		46,500		236,158


			72,074,935

Kuwait — 0.2%
Agility Public Warehousing Co. KSC		100,905		335,871
Kuwait Finance House KSCP		93,174		278,978
Mobile Telecommunications Co. KSCP		329,530		651,233
National Bank of Kuwait SAKP		201,810		691,791


			1,957,873

Malaysia — 0.1%
Dialog Group Bhd		1,271,000		779,833
Malayan Banking Bhd		108,500		214,522
Petronas Dagangan Bhd		124,000		574,746
Public Bank Bhd		222,700		224,327


			1,793,428

Mexico — 0.2%
America Movil SAB de CV, Series L, NVS		403,001		379,206
Coca-Cola Femsa SAB de CV		31,000		162,709
Fomento Economico Mexicano SAB de CV		46,500		349,855
Grupo Aeroportuario del Pacifico SAB de CV, Class B		15,500		213,106
Grupo Financiero Banorte SAB de CV, Class O		62,201		394,229
Grupo Mexico SAB de CV, Series B		77,500		332,835
Promotora y Operadora de Infraestructura SAB de CV		12,425		90,640
Wal-Mart de Mexico SAB de CV		124,000		421,629


			2,344,209

Netherlands — 1.3%
Adyen NV^(a)(c)		310		630,818
Aegon NV		88,660		500,175
Akzo Nobel NV		5,115		529,442
ASM International NV		930		319,530
ASML Holding NV		8,060		5,458,993
CNH Industrial NV		28,830		439,429
Davide Campari-Milano NV		48,360		607,174
Heineken NV		3,720		398,957
ING Groep NV		70,835		1,047,586
Just Eat Takeaway.com NV^(a)(c)		6,200		306,161
Koninklijke DSM NV		3,410		639,240
Koninklijke Philips NV		17,532		583,172
NN Group NV		6,665		372,988
NXP Semiconductors NV		5,890		1,210,042
Prosus NV		18,445		1,534,548
Randstad NV		7,440		483,999
Stellantis NV		40,455		781,140


Security	Shares		Value

Netherlands (continued)
STMicroelectronics NV		15,190	$	714,245
Wolters Kluwer NV		4,960		504,822


			17,062,461

New Zealand — 0.1%
Meridian Energy Ltd.		155,620		448,585
Xero Ltd.^(a)		5,890		477,122


			925,707

Norway — 0.4%
Adevinta ASA^(a)		16,740		175,625
DNB Bank ASA		51,460		1,224,758
Gjensidige Forsikring ASA		41,385		1,010,890
Mowi ASA		29,260		718,155
Orkla ASA		83,545		798,389
Schibsted ASA, Class A		8,215		243,366
Telenor ASA		89,900		1,485,736


			5,656,919

Peru — 0.1%
Southern Copper Corp.		14,880		950,683


Philippines — 0.1%
Ayala Land Inc.		325,500		229,835
BDO Unibank Inc.		74,420		197,794
International Container Terminal Services Inc.		72,980		287,080
SM Prime Holdings Inc.		356,500		246,536


			961,245

Poland — 0.1%
Bank Polska Kasa Opieki SA		11,160		371,866
Powszechna Kasa Oszczednosci Bank Polski SA^(a)		46,190		540,714
Powszechny Zaklad Ubezpieczen SA		53,165		473,364


			1,385,944

Portugal — 0.1%
Jeronimo Martins SGPS SA		22,785		547,547


Qatar — 0.1%
Barwa Real Estate Co.		547,150		502,684
Industries Qatar QSC		94,395		434,199
Mesaieed Petrochemical Holding Co.		1,007,810		670,707
Qatar National Bank QPSC		19,065		113,801


			1,721,391

Russia — 0.3%
Alrosa PJSC		184,910		272,022
Magnit PJSC, GDR^(d)		20,636		271,803
Mobile TeleSystems PJSC		36,890		281,840
Moscow Exchange MICEX-RTS PJSC		152,460		287,307
Ozon Holdings PLC, ADR^(a)		5,270		103,469
Polymetal International PLC		12,434		178,603
Polyus PJSC		1,430		225,705
Sberbank of Russia PJSC		292,860		1,009,260
TCS Group Holding PLC, GDR^(d)		4,185		301,338
United Co. RUSAL International PJSC^(a)		509,950		480,496
VK Co. Ltd.^(a)		22,940		181,909
VTB Bank PJSC		22,490,000		12,708
Yandex NV, Class A^(a)		9,920		476,142


			4,082,602

Saudi Arabia — 0.6%
Abdullah Al Othaim Markets Co.		5,115		144,511
Al Rajhi Bank		26,660		1,058,737
Arab National Bank		74,555		551,742
Bank Al-Jazira		11,625		72,184


Security	Shares		Value

Saudi Arabia (continued)
Banque Saudi Fransi		23,250	$	326,084
Dar Al Arkan Real Estate Development Co.^(a)		131,440		362,162
Emaar Economic City^(a)		102,455		353,724
Etihad Etisalat Co.		155		1,349
Riyad Bank		42,935		389,080
SABIC Agri-Nutrients Co.		20,615		934,634
Saudi British Bank (The)		34,875		374,560
Saudi National Bank (The)		74,865		1,472,597
Saudi Telecom Co.		31,000		975,292
Yanbu National Petrochemical Co.		20,305		369,212


			7,385,868

Singapore — 0.3%
Ascendas REIT		83,902		172,070
City Developments Ltd.		93,000		488,527
DBS Group Holdings Ltd.		31,000		814,273
Genting Singapore Ltd.		852,500		465,842
Oversea-Chinese Banking Corp. Ltd.^(b)		50,400		469,136
Sea Ltd., ADR^(a)		3,255		489,259
Singapore Exchange Ltd.		12,600		87,214
Singapore Telecommunications Ltd.		379,600		688,300
United Overseas Bank Ltd.		5,100		113,978
UOL Group Ltd.		108,500		588,393


			4,376,992

South Africa — 0.3%
FirstRand Ltd.		170,035		685,428
Growthpoint Properties Ltd.		310,000		294,268
MTN Group Ltd.^(a)		37,975		477,571
Naspers Ltd., Class N		4,960		801,775
Nedbank Group Ltd.		16,955		210,164
Northam Platinum Holdings Ltd.^(a)		33,170		438,008
Old Mutual Ltd.		190,960		172,078
Sanlam Ltd.		30,690		126,092
Standard Bank Group Ltd.		46,655		455,361


			3,660,745

South Korea — 1.4%
Amorepacific Corp.		1,705		222,368
Celltrion Inc.		2,119		269,312
Coway Co. Ltd.		2,325		133,948
GS Engineering & Construction Corp.		7,905		263,067
Hana Financial Group Inc.		7,464		281,231
HLB Inc.^(a)		155		4,157
Hotel Shilla Co. Ltd.		2,015		122,214
Hyundai Heavy Industries Holdings Co. Ltd.		10,075		406,224
Hyundai Mobis Co. Ltd.		1,860		365,122
Hyundai Motor Co.		3,255		524,637
Kakao Corp.^(a)		7,905		570,991
KB Financial Group Inc.		7,918		392,413
Kia Corp.		6,045		421,492
Korea Aerospace Industries Ltd.		5,172		155,496
KT&G Corp.^(a)		7,750		500,618
LG Chem Ltd.		693		371,490
LG Electronics Inc.		3,875		420,990
LG Household & Health Care Ltd.		310		252,169
NAVER Corp.		2,521		665,898
NCSoft Corp.		622		280,251
Samsung Biologics Co. Ltd.^(a)(c)		930		575,744
Samsung C&T Corp.		2,945		266,427
Samsung Electronics Co. Ltd.		98,120		6,102,974
Samsung Engineering Co. Ltd.^(a)		19,220		351,699


Security	Shares		Value

South Korea (continued)
Samsung Fire & Marine Insurance Co. Ltd.		1,240	$	207,268
Samsung Life Insurance Co. Ltd.		11,470		580,943
Samsung SDI Co. Ltd.		1,395		692,316
Samsung SDS Co. Ltd.		1,705		202,392
Shinhan Financial Group Co. Ltd.		9,769		312,893
SK Hynix Inc.		11,625		1,203,278
SK IE Technology Co. Ltd.^(a)(c)		2,790		273,908
SK Inc.		4,185		774,724


			18,168,654

Spain — 0.6%
Aena SME SA^(a)(c)		3,875		626,133
Amadeus IT Group SA^(a)		13,020		895,258
Banco Bilbao Vizcaya Argentaria SA		140,275		895,604
Banco Santander SA		346,115		1,213,687
CaixaBank SA		243,040		781,952
Cellnex Telecom SA^(c)		10,230		463,885
Enagas SA		7,009		151,549
Ferrovial SA		17,737		492,886
Industria de Diseno Textil SA		32,240		977,820
Red Electrica Corp. SA		9,559		192,692
Siemens Gamesa Renewable Energy SA^(a)		9,455		204,586
Telefonica SA		145,096		676,375


			7,572,427

Sweden — 0.9%
Alfa Laval AB		15,345		518,373
Assa Abloy AB, Class B		25,420		696,053
Atlas Copco AB, Class A		8,063		477,217
Atlas Copco AB, Class B		13,362		683,370
Boliden AB		21,390		866,135
Epiroc AB, Class A		14,105		300,988
EQT AB		6,200		242,956
Evolution AB^(c)		3,720		462,832
H & M Hennes & Mauritz AB, Class B		27,900		555,513
Hexagon AB, Class B		33,170		447,399
Industrivarden AB, Class A		245		7,745
Industrivarden AB, Class C		13,020		404,409
Investor AB, Class B		61,845		1,342,774
Nibe Industrier AB, Class B		43,245		411,025
Sandvik AB		27,785		731,705
Skanska AB, Class B		13,485		330,151
Svenska Cellulosa AB SCA, Class B		17,515		305,000
Swedish Match AB		155		1,199
Tele2 AB, Class B		32,240		469,094
Telefonaktiebolaget LM Ericsson, Class B		54,095		675,435
Telia Co. AB		74,865		295,072
Volvo AB, Class B		42,005		947,902


			11,172,347

Switzerland — 2.5%
ABB Ltd., Registered		35,030		1,214,552
Adecco Group AG, Registered		4,805		228,878
Alcon Inc.		8,680		669,303
Cie. Financiere Richemont SA, Class A, Registered		10,850		1,576,872
Coca-Cola HBC AG, Class DI		10,230		338,824
Credit Suisse Group AG, Registered		58,648		557,473
Geberit AG, Registered		620		421,247
Givaudan SA, Registered		204		845,157
Julius Baer Group Ltd.		11,160		729,302
Kuehne + Nagel International AG, Registered		1,395		393,930
Logitech International SA, Registered		4,495		377,713


Security	Shares		Value

Switzerland (continued)
Lonza Group AG, Registered		930	$	641,181
Nestle SA, Registered		53,785		6,945,703
Novartis AG, Registered		40,610		3,528,582
Partners Group Holding AG		465		648,302
Roche Holding AG, NVS		13,795		5,338,653
SGS SA, Registered		310		883,987
Siemens Energy AG^(a)		13,504		303,743
Sika AG, Registered		4,805		1,681,145
Sonova Holding AG, Registered		933		332,372
Straumann Holding AG, Registered		155		256,848
Swatch Group AG (The), Registered		2,015		113,112
Swiss Life Holding AG, Registered		620		399,038
Swiss Re AG		4,805		523,542
UBS Group AG, Registered		65,669		1,218,130
VAT Group AG^(c)		1,240		505,681
Vifor Pharma AG		1,550		274,578
Zurich Insurance Group AG		1,395		667,240


			31,615,088

Taiwan — 1.8%
Acer Inc.		310,000		321,495
Catcher Technology Co. Ltd.		155,000		873,397
Cathay Financial Holding Co. Ltd.		473,253		1,097,732
China Development Financial Holding Corp.		984,542		656,758
CTBC Financial Holding Co. Ltd.		775,400		779,517
Delta Electronics Inc.		35,000		345,290
E.Sun Financial Holding Co. Ltd.		775,437		815,442
Fubon Financial Holding Co. Ltd.		310,380		856,498
Hon Hai Precision Industry Co. Ltd.		192,720		720,566
Hotai Motor Co. Ltd.		5,000		109,500
MediaTek Inc.		25,000		992,980
Mega Financial Holding Co. Ltd.		155,000		207,449
Shin Kong Financial Holding Co. Ltd.		1,085,675		437,646
SinoPac Financial Holdings Co. Ltd.		1,085,200		649,290
Taishin Financial Holding Co. Ltd.		841,846		602,033
Taiwan Cooperative Financial Holding Co. Ltd.		620,754		595,589
Taiwan Semiconductor Manufacturing Co. Ltd.		486,000		11,237,285
Uni-President Enterprises Corp.		310,000		759,801
United Microelectronics Corp.		310,000		647,683
WPG Holdings Ltd.		155,000		305,574
Yuanta Financial Holding Co. Ltd.		620,600		570,598


			23,582,123

Thailand — 0.2%
Airports of Thailand PCL, NVDR^(a)		403,000		776,241
Bangkok Expressway & Metro PCL, NVDR		2,931,700		725,184
Krung Thai Bank PCL, NVDR		961,000		407,312
Siam Commercial Bank PCL (The), NVDR		155,000		589,203


			2,497,940

Turkey — 0.0%
Akbank TAS		221,395		133,386
Turkiye Is Bankasi AS, Class C		91,032		57,432


			190,818

United Arab Emirates — 0.1%
Emaar Properties PJSC		259,780		346,151
Emirates Telecommunications Group Co. PJSC		84,630		762,117
First Abu Dhabi Bank PJSC		101,750		554,036


			1,662,304

United Kingdom — 3.7%
3i Group PLC		40,610		756,313
Abrdn PLC		67,890		222,026


Security	Shares		Value

United Kingdom (continued)
Amcor PLC		50,685	$	608,727
Antofagasta PLC		40,765		741,570
Aptiv PLC^(a)		5,890		804,456
Ashtead Group PLC		11,160		798,252
AstraZeneca PLC		29,450		3,425,858
Aviva PLC		164,300		970,027
BAE Systems PLC		39,060		305,674
Barclays PLC		345,030		925,653
Barratt Developments PLC		35,960		299,081
Berkeley Group Holdings PLC		4,562		260,353
British American Tobacco PLC		57,970		2,475,028
British Land Co. PLC (The)		48,980		366,249
BT Group PLC		174,530		462,272
Bunzl PLC		9,145		342,544
Burberry Group PLC		11,935		302,778
Clarivate PLC^(a)		15,965		262,784
Coca-Cola Europacific Partners PLC		8,370		478,345
Compass Group PLC		43,245		982,856
Croda International PLC		6,240		673,907
DCC PLC		3,410		286,725
Diageo PLC		50,065		2,526,348
Entain PLC^(a)		15,655		338,920
Experian PLC		20,657		862,799
Ferguson PLC		6,045		950,821
GlaxoSmithKline PLC		105,865		2,362,482
Halma PLC		16,585		562,126
HSBC Holdings PLC		378,820		2,696,190
Imperial Brands PLC		32,240		764,406
Informa PLC^(a)		37,510		283,739
Intertek Group PLC		4,030		292,459
JD Sports Fashion PLC		58,125		149,042
Johnson Matthey PLC		9,920		261,974
Land Securities Group PLC		31,620		339,613
Legal & General Group PLC		170,345		666,042
Lloyds Banking Group PLC		1,528,610		1,060,811
London Stock Exchange Group PLC		7,007		686,079
M&G PLC		117,335		343,406
National Grid PLC		71,920		1,052,399
Natwest Group PLC		93,000		305,671
Next PLC		4,960		505,353
Ocado Group PLC^(a)		9,920		202,126
Pearson PLC		25,110		209,655
Persimmon PLC		8,559		278,848
Prudential PLC		61,151		1,030,744
Reckitt Benckiser Group PLC		16,275		1,318,635
RELX PLC		41,385		1,273,018
Rentokil Initial PLC		34,875		244,220
Rolls-Royce Holdings PLC^(a)		206,615		323,865
Royalty Pharma PLC, Class A		9,455		378,295
Sage Group PLC (The)		11,625		113,599
Segro PLC		20,305		357,972
Sensata Technologies Holding PLC^(a)		6,975		400,086
Severn Trent PLC		18,910		734,167
Smith & Nephew PLC		21,855		371,687
Smiths Group PLC		16,740		352,839
St. James’s Place PLC		9,455		195,174
Taylor Wimpey PLC		211,420		433,740
Tesco PLC		82,049		329,564
Unilever PLC		54,009		2,769,681
United Utilities Group PLC		47,430		684,219


Security	Shares		Value

United Kingdom (continued)
Vodafone Group PLC		660,610	$	1,159,942
Whitbread PLC^(a)		9,031		371,604
WPP PLC		33,790		529,845


				47,825,683

United States — 59.6%
10X Genomics Inc., Class A^(a)		3,100		298,437
3M Co.		9,300		1,543,986
A O Smith Corp.		4,495		343,508
Abbott Laboratories		34,100		4,346,386
AbbVie Inc.		36,580		5,007,436
ABIOMED Inc.^(a)		1,240		366,879
Accenture PLC, Class A		12,710		4,494,002
Activision Blizzard Inc.		14,105		1,114,436
Adobe Inc.^(a)		8,525		4,554,907
Advanced Micro Devices Inc.^(a)		23,715		2,709,439
Affirm Holdings Inc.^(a)(b)		2,170		139,032
Aflac Inc.		18,755		1,178,189
Agilent Technologies Inc.		6,355		885,379
AGNC Investment Corp.		32,395		482,362
Airbnb Inc., Class A^(a)		6,200		954,614
Akamai Technologies Inc.^(a)		2,945		337,350
Albemarle Corp.		4,185		923,797
Alexandria Real Estate Equities Inc.		1,705		332,202
Align Technology Inc.^(a)		1,705		843,907
Allegion PLC		2,635		323,394
Allstate Corp. (The)		7,905		953,896
Alnylam Pharmaceuticals Inc.^(a)(b)		2,170		298,592
Alphabet Inc., Class A^(a)		5,890		15,938,752
Alphabet Inc., Class C, NVS^(a)		5,270		14,302,622
Altria Group Inc.		49,290		2,507,875
Amazon.com Inc.^(a)		8,835		26,429,637
AMC Entertainment Holdings Inc., Class A^(a)		10,540		169,272
AMERCO		465		283,162
American Express Co.		13,330		2,397,001
American International Group Inc.		21,545		1,244,224
American Tower Corp.		8,525		2,144,037
American Water Works Co. Inc.		12,245		1,968,996
Ameriprise Financial Inc.		2,325		707,521
AmerisourceBergen Corp.		2,325		316,665
AMETEK Inc.		4,650		635,981
Amgen Inc.		11,625		2,640,502
Amphenol Corp., Class A		12,710		1,011,589
Analog Devices Inc.		10,540		1,728,244
Annaly Capital Management Inc.		46,810		369,799
ANSYS Inc.^(a)		930		316,209
Anthem Inc.		4,650		2,050,603
Aon PLC, Class A		4,650		1,285,446
Apollo Global Management Inc.		6,411		448,770
Apple Inc.		318,370		55,644,709
Applied Materials Inc.		19,530		2,698,655
Arista Networks Inc.^(a)		3,720		462,433
Arrow Electronics Inc.^(a)		3,875		480,500
Arthur J Gallagher & Co.		2,480		391,691
AT&T Inc.		146,010		3,723,255
Atmos Energy Corp.		10,230		1,096,861
Autodesk Inc.^(a)		4,340		1,084,089
Automatic Data Processing Inc.		10,075		2,077,163
AutoZone Inc.^(a)		310		615,769
AvalonBay Communities Inc.		3,100		757,113
Avantor Inc.^(a)		13,950		520,754


Security	Shares		Value

United States (continued)
Avery Dennison Corp.		2,790	$	573,122
Baker Hughes Co.		64,635		1,773,584
Ball Corp.		7,595		737,475
Bank of America Corp.		138,105		6,372,165
Bank of New York Mellon Corp. (The)		15,500		918,530
Bath & Body Works Inc.		5,425		304,180
Baxter International Inc.		8,525		728,376
Becton Dickinson and Co.		4,805		1,221,143
Berkshire Hathaway Inc., Class B^(a)		21,080		6,598,462
Best Buy Co. Inc.		4,340		430,875
Bill.com Holdings Inc.^(a)		1,550		291,726
Biogen Inc.^(a)		3,100		700,600
BioMarin Pharmaceutical Inc.^(a)		5,425		480,818
Bio-Rad Laboratories Inc., Class A^(a)		310		185,916
Bio-Techne Corp.		930		350,061
BlackRock Inc.^(e)		2,790		2,296,003
Blackstone Inc., NVS		13,795		1,820,526
Block Inc.		1,976		225,539
Block Inc.^(a)		8,060		985,657
Boeing Co. (The)^(a)		11,470		2,296,753
Booking Holdings Inc.^(a)		930		2,284,201
Booz Allen Hamilton Holding Corp.		4,960		380,581
BorgWarner Inc.		4,185		183,512
Boston Properties Inc.		3,565		399,565
Boston Scientific Corp.^(a)		32,550		1,396,395
Bristol-Myers Squibb Co.		51,615		3,349,297
Broadcom Inc.		8,680		5,085,438
Broadridge Financial Solutions Inc.		1,550		246,791
Brown-Forman Corp., Class B, NVS		7,020		473,359
Burlington Stores Inc.^(a)		1,705		403,966
Cadence Design Systems Inc.^(a)		4,340		660,288
Caesars Entertainment Inc.^(a)		4,340		330,448
Camden Property Trust		930		148,884
Capital One Financial Corp.		7,440		1,091,671
Cardinal Health Inc.		4,805		247,794
Carlyle Group Inc. (The)		11,780		601,369
CarMax Inc.^(a)		2,790		310,164
Carrier Global Corp.		18,940		903,059
Carvana Co., Class A^(a)		1,550		251,193
Catalent Inc.^(a)		3,410		354,401
Caterpillar Inc.		10,540		2,124,442
Cboe Global Markets Inc.		3,565		422,559
CBRE Group Inc., Class A^(a)		8,525		863,924
CDW Corp./DE		3,100		586,055
Centene Corp.^(a)		9,610		747,274
Ceridian HCM Holding Inc.^(a)		3,410		258,546
Cerner Corp.		6,200		565,440
Charles River Laboratories International Inc.^(a)		1,705		562,241
Charles Schwab Corp. (The)		26,505		2,324,488
Charter Communications Inc., Class A^(a)(b)		2,635		1,563,451
Cheniere Energy Inc.		15,965		1,786,483
Chipotle Mexican Grill Inc.^(a)		620		921,060
Chubb Ltd.		7,905		1,559,498
Church & Dwight Co. Inc.		4,805		493,233
Cigna Corp.		6,665		1,536,016
Cincinnati Financial Corp.		4,185		493,119
Cintas Corp.		1,860		728,246
Cisco Systems Inc.		85,405		4,754,496
Citigroup Inc.		42,780		2,785,834
Citizens Financial Group Inc.		16,275		837,674


Security	Shares		Value

United States (continued)
Citrix Systems Inc.		2,170	$	221,210
Clorox Co. (The)		1,860		312,220
Cloudflare Inc., Class A^(a)		4,650		448,260
CME Group Inc.		6,820		1,565,190
Coca-Cola Co. (The)		89,280		5,446,973
Cognex Corp.		5,580		370,847
Cognizant Technology Solutions Corp., Class A		11,935		1,019,488
Coinbase Global Inc., Class A^(a)(b)		1,085		206,313
Colgate-Palmolive Co.		19,685		1,623,028
Comcast Corp., Class A		83,235		4,160,918
Consolidated Edison Inc.		5,270		455,592
Constellation Brands Inc., Class A		4,960		1,179,240
Cooper Companies Inc. (The)		465		185,210
Copart Inc.^(a)		4,805		621,046
Corning Inc.		7,130		299,745
Corteva Inc.		13,175		633,454
CoStar Group Inc.^(a)		8,835		619,864
Costco Wholesale Corp.		9,765		4,932,594
Crowdstrike Holdings Inc., Class A^(a)		3,875		699,980
Crown Castle International Corp.		8,370		1,527,609
CSX Corp.		45,725		1,564,709
Cummins Inc.		1,395		308,128
CVS Health Corp.		25,265		2,690,975
Danaher Corp.		12,555		3,588,093
Darden Restaurants Inc.		2,790		390,237
Datadog Inc., Class A^(a)		4,185		611,470
Deere & Co.		5,580		2,100,312
Dell Technologies Inc., Class C^(a)		8,990		510,722
DENTSPLY SIRONA Inc.		6,510		347,764
Dexcom Inc.^(a)		2,015		867,417
Digital Realty Trust Inc.		4,030		601,397
Discover Financial Services		3,100		358,825
DocuSign Inc.^(a)		3,565		448,370
Dollar General Corp.		3,100		646,288
Dollar Tree Inc.^(a)		3,565		467,799
Domino’s Pizza Inc.		465		211,412
DoorDash Inc., Class A^(a)		2,480		281,455
Dover Corp.		3,410		579,393
DR Horton Inc.		4,805		428,702
DraftKings Inc., Class A^(a)(b)		9,610		212,285
Duke Realty Corp.		7,285		420,927
DuPont de Nemours Inc.		6,665		510,539
Eaton Corp. PLC		7,750		1,227,832
eBay Inc.		12,710		763,490
Ecolab Inc.		8,215		1,556,332
Edison International		10,230		642,342
Edwards Lifesciences Corp.^(a)		13,485		1,472,562
Elanco Animal Health Inc.^(a)		13,330		347,113
Electronic Arts Inc.		4,495		596,307
Eli Lilly & Co.		15,965		3,917,651
Emerson Electric Co.		13,175		1,211,441
Enphase Energy Inc.^(a)		2,945		413,684
Entegris Inc.		1,705		204,327
EPAM Systems Inc.^(a)		930		442,810
Equifax Inc.		2,480		594,605
Equinix Inc.		1,705		1,235,954
Equitable Holdings Inc.		11,625		391,065
Equity Residential		9,455		838,942
Essential Utilities Inc.		34,255		1,669,589
Essex Property Trust Inc.		1,085		360,763


Security	Shares		Value

United States (continued)
Estee Lauder Companies Inc. (The), Class A		5,735	$	1,788,116
Etsy Inc.^(a)		2,635		413,906
Eversource Energy		26,660		2,385,803
Exact Sciences Corp.^(a)(b)		3,875		295,895
Expedia Group Inc.^(a)		3,410		625,019
Expeditors International of Washington Inc.		4,495		514,588
Extra Space Storage Inc.		2,325		460,792
F5 Inc.^(a)		2,015		418,354
Fair Isaac Corp.^(a)		155		76,723
Fastenal Co.		11,780		667,690
FedEx Corp.		1,705		419,191
Fidelity National Financial Inc.		6,975		351,191
Fidelity National Information Services Inc.		13,487		1,617,361
Fifth Third Bancorp		17,515		781,694
First Republic Bank/CA		1,860		322,877
Fiserv Inc.^(a)		13,038		1,378,117
FleetCor Technologies Inc.^(a)		1,705		406,233
FMC Corp.		10,385		1,146,192
Ford Motor Co.		74,090		1,504,027
Fortinet Inc.^(a)		3,100		921,444
Fortive Corp.		6,687		471,701
Fortune Brands Home & Security Inc.		5,115		481,680
Freeport-McMoRan Inc.		46,500		1,730,730
Garmin Ltd.		3,720		462,842
Gartner Inc.^(a)		2,325		683,294
Generac Holdings Inc.^(a)		1,395		393,920
General Dynamics Corp.		4,805		1,019,141
General Electric Co.		22,940		2,167,371
General Mills Inc.		11,160		766,469
General Motors Co.^(a)		23,870		1,258,665
Genuine Parts Co.		3,720		495,616
Gilead Sciences Inc.		26,350		1,809,718
Global Payments Inc.		6,355		952,487
Goldman Sachs Group Inc. (The)		6,975		2,473,893
Halliburton Co.		136,090		4,183,407
Hartford Financial Services Group Inc. (The)		7,750		556,993
Hasbro Inc.		4,030		372,694
HCA Healthcare Inc.		4,960		1,190,648
Healthpeak Properties Inc.		7,486		264,780
HEICO Corp.		1,550		211,405
Henry Schein Inc.^(a)		7,130		536,889
Hershey Co. (The)		3,720		733,100
Hewlett Packard Enterprise Co.		44,950		734,034
Hilton Worldwide Holdings Inc.^(a)		4,495		652,269
Hologic Inc.^(a)		4,805		337,503
Home Depot Inc. (The)		19,995		7,337,765
Honeywell International Inc.		14,880		3,042,662
Host Hotels & Resorts Inc.^(a)		21,390		370,903
Howmet Aerospace Inc.		11,160		346,964
HP Inc.		29,295		1,076,005
HubSpot Inc.^(a)		775		378,820
Humana Inc.		2,325		912,563
Huntington Bancshares Inc./OH		24,335		366,485
IDEX Corp.		1,707		367,756
IDEXX Laboratories Inc.^(a)		1,550		786,315
IHS Markit Ltd.		8,060		941,327
Illinois Tool Works Inc.		6,355		1,486,562
Illumina Inc.^(a)		3,100		1,081,342
Ingersoll Rand Inc.		7,173		403,194
Insulet Corp.^(a)		1,240		307,520


Security	Shares		Value

United States (continued)
Intel Corp.		82,460	$	4,025,697
Intercontinental Exchange Inc.		9,610		1,217,203
International Business Machines Corp.		21,545		2,877,766
International Flavors & Fragrances Inc.		8,525		1,124,618
Interpublic Group of Companies Inc. (The)		12,710		451,713
Intuit Inc.		5,115		2,840,001
Intuitive Surgical Inc.^(a)		7,440		2,114,299
Invesco Ltd.		15,655		354,742
Invitation Homes Inc.		7,440		312,331
IQVIA Holdings Inc.^(a)		4,805		1,176,744
Iron Mountain Inc.		8,990		412,821
Jack Henry & Associates Inc.		3,255		546,222
Jacobs Engineering Group Inc.		2,325		302,669
Jazz Pharmaceuticals PLC^(a)		155		21,531
JM Smucker Co. (The)		2,480		348,638
Johnson & Johnson		53,010		9,133,093
Johnson Controls International PLC		20,460		1,486,828
JPMorgan Chase & Co.		53,785		7,992,451
Juniper Networks Inc.		16,895		588,284
Keurig Dr Pepper Inc.		23,250		882,338
KeyCorp.		31,310		784,629
Keysight Technologies Inc.^(a)		2,325		392,507
Kinder Morgan Inc.		199,330		3,460,369
KKR & Co. Inc.		8,990		639,728
KLA Corp.		3,100		1,206,737
Kraft Heinz Co. (The)		21,700		776,860
L3Harris Technologies Inc.		3,300		690,657
Laboratory Corp. of America Holdings^(a)		1,860		504,730
Lam Research Corp.		2,945		1,737,314
Las Vegas Sands Corp.^(a)		9,145		400,551
Leidos Holdings Inc.		3,255		291,160
Lennar Corp., Class A		4,495		432,014
Lennox International Inc.		717		203,356
Liberty Broadband Corp., Class C, NVS^(a)		2,480		368,057
Liberty Global PLC, Class C, NVS^(a)		14,260		385,590
Liberty Media Corp.-Liberty SiriusXM, Class A^(a)(b)		5,890		272,413
Lincoln National Corp.		6,510		455,570
Live Nation Entertainment Inc.^(a)		3,720		407,377
LKQ Corp.		5,890		323,302
Lockheed Martin Corp.		4,960		1,930,085
Loews Corp.		15,655		933,977
Lowe’s Companies Inc.		13,330		3,163,875
Lucid Group Inc.^(a)(b)		10,385		305,215
Lululemon Athletica Inc.^(a)		2,325		775,992
Lyft Inc., Class A^(a)		8,215		316,442
M&T Bank Corp.		2,325		393,809
Markel Corp.^(a)(b)		155		191,075
MarketAxess Holdings Inc.		775		266,972
Marriott International Inc./MD, Class A^(a)		3,410		549,419
Marsh & McLennan Companies Inc.		10,850		1,666,994
Martin Marietta Materials Inc.		1,860		723,763
Marvell Technology Inc.		17,980		1,283,772
Masco Corp.		7,750		490,808
Mastercard Inc., Class A		17,312		6,689,011
Match Group Inc.^(a)		4,805		541,524
McCormick & Co. Inc./MD, NVS		6,820		684,114
McDonald’s Corp.		14,260		3,699,757
McKesson Corp.		3,100		795,832
Medical Properties Trust Inc.		11,625		264,585
Medtronic PLC		26,970		2,791,125


Security	Shares		Value

United States (continued)
MercadoLibre Inc.^(a)(b)		930	$	1,052,816
Merck & Co. Inc.		50,995		4,155,073
Meta Platforms Inc, Class A^(a)		46,035		14,420,924
MetLife Inc.		20,925		1,403,230
Mettler-Toledo International Inc.^(a)		465		684,796
MGM Resorts International		9,455		403,918
Microchip Technology Inc.		10,850		840,658
Micron Technology Inc.		20,305		1,670,492
Microsoft Corp.		136,710		42,514,076
Moderna Inc.^(a)		6,975		1,181,077
Molina Healthcare Inc.^(a)		940		273,051
Mondelez International Inc., Class A		34,100		2,285,723
MongoDB Inc.^(a)		1,085		439,544
Monolithic Power Systems Inc.		1,085		437,179
Monster Beverage Corp.^(a)		11,470		994,678
Moody’s Corp.		2,790		956,970
Morgan Stanley		27,745		2,844,972
Motorola Solutions Inc.		3,410		790,915
MSCI Inc.		1,395		747,887
NetApp Inc.		5,735		496,135
Netflix Inc.^(a)		8,680		3,707,575
Newell Brands Inc.		13,950		323,780
Newmont Corp.		16,120		986,060
NextEra Energy Inc.		21,855		1,707,313
Nike Inc., Class B		24,490		3,626,234
Norfolk Southern Corp.		4,340		1,180,437
Northern Trust Corp.		2,945		343,505
Northrop Grumman Corp.		2,790		1,032,021
NortonLifeLock Inc.		12,710		330,587
Novavax Inc.^(a)(b)		1,860		174,282
Novocure Ltd.^(a)		2,170		148,971
Nuance Communications Inc.^(a)		8,990		496,698
NVIDIA Corp.		48,515		11,879,383
Okta Inc.^(a)		1,860		368,075
Old Dominion Freight Line Inc.		2,635		795,586
Omnicom Group Inc.		3,255		245,297
ONEOK Inc.		21,080		1,279,134
Oracle Corp.		33,480		2,717,237
O’Reilly Automotive Inc.^(a)		1,240		808,170
Otis Worldwide Corp.		8,370		715,049
PACCAR Inc.		4,805		446,817
Palantir Technologies Inc., Class A^(a)		34,410		471,761
Palo Alto Networks Inc.^(a)		1,860		962,364
Parker-Hannifin Corp.		2,790		864,928
Paychex Inc.		7,750		912,640
Paycom Software Inc.^(a)(b)		930		311,829
PayPal Holdings Inc.^(a)		21,080		3,624,495
Peloton Interactive Inc., Class A^(a)		7,285		199,099
Pentair PLC		4,212		268,304
PepsiCo Inc.		28,210		4,894,999
PerkinElmer Inc.		2,480		426,982
Pfizer Inc.		113,254		5,967,353
Philip Morris International Inc.		35,960		3,698,486
Pinterest Inc., Class A^(a)		10,695		316,144
Pioneer Natural Resources Co.		14,570		3,189,227
Plug Power Inc.^(a)(b)		12,710		277,968
PNC Financial Services Group Inc. (The)		9,300		1,915,707
Pool Corp.		620		295,275
PPG Industries Inc.		8,680		1,355,816
Principal Financial Group Inc.		7,130		520,918


Security	Shares		Value

United States (continued)
Procter & Gamble Co. (The)		49,755	$	7,983,190
Progressive Corp. (The)		10,075		1,094,750
Prologis Inc.		15,190		2,382,096
Prudential Financial Inc.		13,795		1,539,108
PTC Inc.^(a)		4,185		486,548
Public Storage		2,945		1,055,871
QUALCOMM Inc.		22,320		3,922,963
Quest Diagnostics Inc.		2,170		292,993
Raytheon Technologies Corp.		32,712		2,950,295
Realty Income Corp.		8,552		593,594
Regency Centers Corp.		3,720		266,910
Regeneron Pharmaceuticals Inc.^(a)		1,860		1,131,977
Regions Financial Corp.		31,310		718,251
ResMed Inc.		2,790		637,794
RingCentral Inc., Class A^(a)		1,550		273,560
Robert Half International Inc.		3,410		386,217
Rockwell Automation Inc.		2,170		627,607
Roku Inc., Class A^(a)		2,325		381,416
Roper Technologies Inc.		2,325		1,016,397
Ross Stores Inc.		7,285		712,109
S&P Global Inc.		4,960		2,059,491
salesforce.com Inc.^(a)		18,445		4,290,860
SBA Communications Corp.		2,170		706,205
Schlumberger NV		81,220		3,173,265
Seagen Inc.^(a)		1,860		250,189
Sempra Energy		7,285		1,006,496
ServiceNow Inc.^(a)		3,720		2,179,102
Sherwin-Williams Co. (The)		6,355		1,820,771
Signature Bank/New York NY		1,395		424,959
Simon Property Group Inc.		8,370		1,232,064
Skyworks Solutions Inc.		2,480		363,370
Snap Inc., Class A, NVS^(a)		22,010		716,205
Snap-on Inc.		2,325		484,181
Snowflake Inc., Class A^(a)		4,495		1,240,170
SoFi Technologies Inc.^(a)(b)		15,345		191,506
SolarEdge Technologies Inc.^(a)		1,085		258,469
Splunk Inc.^(a)		2,635		326,529
SS&C Technologies Holdings Inc.		4,805		383,775
Stanley Black & Decker Inc.		3,720		649,698
Starbucks Corp.		25,265		2,484,055
State Street Corp.		7,805		737,573
Stryker Corp.		6,975		1,730,149
Sun Communities Inc.		1,550		292,888
Sunrun Inc.^(a)		6,510		168,804
SVB Financial Group^(a)		1,240		724,036
Synchrony Financial		10,540		448,899
Synopsys Inc.^(a)		2,170		673,785
Sysco Corp.		12,555		981,173
T Rowe Price Group Inc.		3,720		574,480
Take-Two Interactive Software Inc.^(a)		1,860		303,812
Target Corp.		9,300		2,049,999
TE Connectivity Ltd.		8,990		1,285,660
Teladoc Health Inc.^(a)		3,100		237,801
Teledyne Technologies Inc.^(a)		930		391,930
Teleflex Inc.		775		240,397
Teradyne Inc.		3,720		436,840
Tesla Inc.^(a)		16,430		15,390,310
Texas Instruments Inc.		17,825		3,199,409
Textron Inc.		4,495		305,930
Thermo Fisher Scientific Inc.		7,750		4,505,075


Security	Shares		Value

United States (continued)
TJX Companies Inc. (The)		25,420	$	1,829,477
T-Mobile U.S. Inc.^(a)		13,020		1,408,373
Tractor Supply Co.		1,395		304,542
Trade Desk Inc. (The), Class A^(a)		8,680		603,607
Tradeweb Markets Inc., Class A		2,790		236,508
TransDigm Group Inc.^(a)		1,085		668,566
TransUnion		4,030		415,574
Travelers Companies Inc. (The)		3,100		515,158
Trimble Inc.^(a)		6,820		492,131
Truist Financial Corp.		28,985		1,820,838
Twilio Inc., Class A^(a)		2,945		607,023
Twitter Inc.^(a)		15,190		569,777
Tyler Technologies Inc.^(a)		930		440,634
U.S. Bancorp.		27,435		1,596,443
Uber Technologies Inc.^(a)		30,845		1,153,603
UDR Inc.		4,233		240,604
Ulta Beauty Inc.^(a)		1,240		451,038
Union Pacific Corp.		12,555		3,070,325
United Parcel Service Inc., Class B		13,330		2,695,459
United Rentals Inc.^(a)		2,170		694,660
UnitedHealth Group Inc.		17,670		8,350,312
Vail Resorts Inc.		930		257,703
Veeva Systems Inc., Class A^(a)		2,945		696,610
Ventas Inc.		7,905		419,123
Verisk Analytics Inc.		3,100		608,003
Verizon Communications Inc.		82,305		4,381,095
Vertex Pharmaceuticals Inc.^(a)		4,805		1,167,855
VF Corp.		7,130		464,947
ViacomCBS Inc., Class B, NVS		10,850		362,933
Viatris Inc.		22,940		343,412
VICI Properties Inc.		11,625		332,708
Visa Inc., Class A		32,860		7,431,946
VMware Inc., Class A		4,495		577,518
Vornado Realty Trust		8,542		350,307
Vulcan Materials Co.		4,185		796,447
Walgreens Boots Alliance Inc.		20,925		1,041,228
Walmart Inc.		29,605		4,139,075
Walt Disney Co. (The)^(a)		34,720		4,963,918
Waters Corp.^(a)		1,550		496,186
Wayfair Inc., Class A^(a)(b)		1,550		241,676
Wells Fargo & Co.		81,685		4,394,653
Welltower Inc.		10,850		939,936
West Pharmaceutical Services Inc.		1,085		426,644
Western Digital Corp.^(a)		6,355		328,808
Western Union Co. (The)		33,325		630,176
Westinghouse Air Brake Technologies Corp.		6,355		564,960
Weyerhaeuser Co.		16,430		664,265
Williams Companies Inc. (The)		46,655		1,396,851
Willis Towers Watson PLC		2,345		548,636
Workday Inc., Class A^(a)		3,410		862,764
WW Grainger Inc.		930		460,452
Wynn Resorts Ltd.^(a)		4,495		384,098
Xilinx Inc.		4,960		960,008
Xylem Inc./NY		5,115		537,177
Yum! Brands Inc.		6,355		795,455
Zebra Technologies Corp., Class A^(a)		1,240		631,309
Zillow Group Inc., Class C, NVS^(a)		7,285		367,747
Zimmer Biomet Holdings Inc.		5,425		667,384
Zoetis Inc.		9,765		1,950,949
Zoom Video Communications Inc., Class A^(a)		4,340		669,575


Security	Shares		Value


United States (continued)
ZoomInfo Technologies Inc.^(a)		5,270	$	278,572
Zscaler Inc.^(a)		1,395		358,668


			764,607,510


Total Common Stocks — 99.2% (Cost: $1,062,144,981)				1,273,211,780


Preferred Stocks

Brazil — 0.0%
Banco Bradesco SA, Preference Shares, NVS		70,544		302,895
Itau Unibanco Holding SA, Preference Shares, NVS		39,114		186,580


				489,475

Chile — 0.1%
Sociedad Quimica y Minera de Chile SA, Class B, Preference Shares		15,655		838,386


Colombia — 0.0%
Bancolombia SA, Preference Shares, NVS		38,440		343,136


Germany — 0.2%
Henkel AG & Co. KGaA, Preference Shares, NVS		9,455		773,310
Sartorius AG, Preference Shares, NVS		930		502,086
Volkswagen AG, Preference Shares, NVS		6,045		1,259,005


			2,534,401

South Korea — 0.1%
Samsung Electronics Co. Ltd., Preference Shares, NVS		15,500		871,833


Total Preferred Stocks — 0.4% (Cost: $4,805,794)				5,077,231


Security	Shares		Value


Short-Term Investments

Money Market Funds — 0.7%
BlackRock Cash Funds: Institutional, SL Agency Shares, 0.08%^(e)(f)(g)		7,149,968	$	7,152,113
BlackRock Cash Funds: Treasury, SL Agency Shares, 0.00%^(e)(f)		1,480,000		1,480,000


				8,632,113


Total Short-Term Investments — 0.7% (Cost: $8,630,785)				8,632,113


Total Investments in Securities — 100.3% (Cost: $1,075,581,560)				1,286,921,124

Other Assets, Less Liabilities — (0.3)%				(4,022,948	)


Net Assets — 100.0%			$	1,282,898,176

^(a)	Non-income producing security.

^(b)	All or a portion of this security is on loan.

^(c)	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.

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

^(e)	Affiliate of the Fund.

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

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

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

For the period ended January 31, 2022, the effect of derivative financial instruments in the Statements of Operations was as follows:

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


Security	Shares		Value

Common Stocks

China — 37.1%
Yankuang Energy Group Co. Ltd., Class H^(a)		1,132,000	$	2,398,310
360 DigiTech Inc.		59,713		1,181,720
360 Security Technology Inc., Class A^(b)		339,600		561,152
3SBio Inc.^(b)(c)		990,500		784,271
51job Inc., ADR^(b)		21,508		1,084,003
AAC Technologies Holdings Inc.		413,500		1,255,541
AECC Aviation Power Co. Ltd., Class A		114,291		864,225
Agile Group Holdings Ltd.		488,000		258,686
Agora Inc., ADR^(b)		33,394		381,693
Agricultural Bank of China Ltd., Class A		2,999,800		1,398,354
Agricultural Bank of China Ltd., Class H		17,546,000		6,675,808
Aier Eye Hospital Group Co. Ltd., Class A		226,474		1,159,573
Air China Ltd., Class A^(b)		365,919		583,462
Air China Ltd., Class H^(b)		1,136,000		856,418
Akeso Inc.^(b)(c)		288,000		782,295
Alibaba Group Holding Ltd.^(b)		10,301,240		161,457,120
Alibaba Health Information Technology Ltd.^(a)(b)		2,830,000		2,133,109
Alibaba Pictures Group Ltd.^(b)		8,490,000		961,436
A-Living Smart City Services Co. Ltd., Class A^(c)		354,250		689,672
Aluminum Corp. of China Ltd., Class A^(b)		594,399		503,274
Aluminum Corp. of China Ltd., Class H^(a)(b)		2,830,000		1,489,334
Angel Yeast Co. Ltd., Class A		29,998		271,304
Anhui Conch Cement Co. Ltd., Class A		226,480		1,399,036
Anhui Conch Cement Co. Ltd., Class H		797,500		4,218,397
Anhui Gujing Distillery Co. Ltd., Class A		29,935		989,844
Anhui Gujing Distillery Co. Ltd., Class B		56,600		835,130
Anhui Kouzi Distillery Co. Ltd., Class A		28,300		311,133
ANTA Sports Products Ltd.		749,800		11,258,449
Autohome Inc., ADR		51,506		1,716,180
AVIC Electromechanical Systems Co. Ltd., Class A		226,499		433,962
AVIC Industry-Finance Holdings Co. Ltd., Class A		622,600		373,439
AviChina Industry & Technology Co. Ltd., Class H		1,698,000		958,268
Baidu Inc., ADR^(b)		187,932		30,020,258
Bank of Beijing Co. Ltd., Class A		1,224,900		866,244
Bank of Chengdu Co. Ltd., Class A		226,400		502,689
Bank of China Ltd., Class A		1,273,500		618,819
Bank of China Ltd., Class H		54,344,000		21,182,886
Bank of Communications Co. Ltd., Class A		1,726,386		1,289,243
Bank of Communications Co. Ltd., Class H		5,943,100		3,986,286
Bank of Hangzhou Co. Ltd., Class A		311,460		695,772
Bank of Jiangsu Co. Ltd., Class A		764,100		794,376
Bank of Nanjing Co. Ltd., Class A		484,100		751,590
Bank of Ningbo Co. Ltd., Class A		311,325		1,925,024
Bank of Shanghai Co. Ltd., Class A		795,641		881,143
Baoshan Iron & Steel Co. Ltd., Class A		962,295		1,072,143
BBMG Corp., Class A		799,694		345,464
BeiGene Ltd., ADR^(b)		31,940		7,748,005
Beijing Capital International Airport Co. Ltd., Class H^(b)		1,132,000		755,752
Beijing Dabeinong Technology Group Co. Ltd., Class A		213,800		309,634
Beijing Enlight Media Co. Ltd., Class A		141,500		235,218
Beijing Enterprises Holdings Ltd.		283,000		964,739
Beijing Enterprises Water Group Ltd.		3,396,000		1,324,575
Beijing New Building Materials PLC, Class A		85,526		437,929
Beijing Originwater Technology Co. Ltd., Class A		283,000		294,839
Beijing Shiji Information Technology Co. Ltd., Class A		42,620		212,812
Beijing Shunxin Agriculture Co. Ltd., Class A		28,300		121,861
Beijing Sinnet Technology Co. Ltd., Class A		86,599		182,612
Beijing Tiantan Biological Products Corp. Ltd., Class A		67,120		295,483


Security	Shares		Value

China (continued)
Beijing Wantai Biological Pharmacy Enterprise Co. Ltd., Class A		29,600	$	1,043,906
Beijing-Shanghai High Speed Railway Co. Ltd., Class A		1,613,100		1,285,574
Betta Pharmaceuticals Co. Ltd., Class A		28,300		278,213
BGI Genomics Co. Ltd., Class A		28,390		374,277
Bilibili Inc., ADR^(a)(b)		111,510		3,935,188
BOC Aviation Ltd.^(c)		141,700		1,191,298
BOE Technology Group Co. Ltd., Class A		1,641,400		1,258,618
Bosideng International Holdings Ltd.^(a)		2,264,000		1,103,555
BYD Co. Ltd., Class A		56,650		2,112,332
BYD Co. Ltd., Class H		566,000		16,740,614
BYD Electronic International Co. Ltd.		424,500		1,283,891
By-Health Co. Ltd., Class A		84,900		334,449
Caitong Securities Co. Ltd., Class A		226,468		348,614
CanSino Biologics Inc., Class H^(a)(b)(c)		56,600		948,140
CGN Power Co. Ltd., Class H^(c)		7,366,000		2,035,220
Changchun High & New Technology Industry Group Inc., Class A		28,300		786,763
Changjiang Securities Co. Ltd., Class A		453,600		501,766
Chaozhou Three-Circle Group Co. Ltd., Class A		86,597		519,157
China Bohai Bank Co. Ltd., Class H^(c)		2,122,500		530,826
China Cinda Asset Management Co. Ltd., Class H		6,509,000		1,190,421
China CITIC Bank Corp. Ltd., Class H		6,226,200		2,970,484
China Communications Services Corp. Ltd., Class H		1,698,000		903,844
China Conch Venture Holdings Ltd.		1,132,000		5,381,164
China Construction Bank Corp., Class A		396,200		374,930
China Construction Bank Corp., Class H		65,096,390		49,951,604
China CSSC Holdings Ltd., Class A		198,300		637,837
China Eastern Airlines Corp. Ltd., Class A^(b)		509,495		462,170
China Education Group Holdings Ltd.		566,000		495,396
China Everbright Bank Co. Ltd., Class A		1,782,900		940,249
China Everbright Bank Co. Ltd., Class H		2,264,000		850,578
China Everbright Environment Group Ltd.		2,547,370		1,892,306
China Evergrande Group^(a)(b)		2,830,000		604,765
China Feihe Ltd.^(c)		2,266,000		3,142,402
China Galaxy Securities Co. Ltd., Class A		184,751		306,997
China Galaxy Securities Co. Ltd., Class H		2,550,000		1,512,086
China Gas Holdings Ltd.		2,037,600		3,461,845
China Greatwall Technology Group Co. Ltd., Class A		141,500		284,452
China Hongqiao Group Ltd.		1,556,500		1,758,731
China Huishan Dairy Holdings Co. Ltd.^(b)(d)		277,900		—
China International Capital Corp. Ltd., Class H^(c)		1,132,000		3,083,588
China Jinmao Holdings Group Ltd.		3,962,000		1,439,275
China Jushi Co. Ltd., Class A		186,571		481,335
China Lesso Group Holdings Ltd.		849,000		1,475,992
China Life Insurance Co. Ltd., Class A		142,290		620,697
China Life Insurance Co. Ltd., Class H		4,772,000		8,388,689
China Literature Ltd.^(b)(c)		283,000		1,713,951
China Longyuan Power Group Corp. Ltd., Class H		2,320,000		4,733,469
China Medical System Holdings Ltd.		849,000		1,421,675
China Meidong Auto Holdings Ltd.		566,000		2,657,390
China Mengniu Dairy Co. Ltd.		2,264,000		13,381,650
China Merchants Bank Co. Ltd., Class A		877,304		6,820,562
China Merchants Bank Co. Ltd., Class H		2,548,446		21,300,220
China Merchants Port Holdings Co. Ltd.		1,138,180		2,103,548
China Merchants Securities Co. Ltd., Class A		368,665		975,007
China Merchants Shekou Industrial Zone Holdings Co. Ltd., Class A		312,160		666,491
China Minsheng Banking Corp. Ltd., Class A		1,698,098		1,038,064
China Minsheng Banking Corp. Ltd., Class H		3,537,520		1,409,918


Security	Shares		Value

China (continued)
China Molybdenum Co. Ltd., Class A		764,100	$	633,899
China Molybdenum Co. Ltd., Class H		2,547,000		1,308,835
China National Building Material Co. Ltd., Class H		2,830,000		3,675,751
China National Chemical Engineering Co. Ltd., Class A		283,056		459,053
China National Medicines Corp. Ltd., Class A		56,600		248,375
China National Nuclear Power Co. Ltd., Class A		792,600		885,905
China Northern Rare Earth Group High-Tech Co. Ltd., Class A		169,800		1,009,426
China Oilfield Services Ltd., Class H		1,280,000		1,258,829
China Overseas Land & Investment Ltd.		2,548,260		7,521,131
China Overseas Property Holdings Ltd.		1,415,000		1,643,295
China Pacific Insurance Group Co. Ltd., Class A		311,398		1,295,989
China Pacific Insurance Group Co. Ltd., Class H		1,755,000		5,342,565
China Petroleum & Chemical Corp., Class A		1,273,592		846,528
China Petroleum & Chemical Corp., Class H		16,418,000		8,596,298
China Power International Development Ltd.		3,639,000		1,800,989
China Railway Group Ltd., Class A		990,500		972,044
China Railway Group Ltd., Class H		2,547,000		1,572,219
China Resources Beer Holdings Co. Ltd.		1,136,000		8,481,240
China Resources Cement Holdings Ltd.		1,698,000		1,463,214
China Resources Gas Group Ltd.		566,000		2,831,071
China Resources Land Ltd.		2,265,555		10,950,826
China Resources Mixc Lifestyle Services Ltd.^(c)		396,200		2,328,742
China Resources Power Holdings Co. Ltd.		1,132,000		2,756,739
China Resources Sanjiu Medical & Pharmaceutical Co. Ltd., Class A		84,973		462,496
China Shenhua Energy Co. Ltd., Class A		283,018		1,009,046
China Shenhua Energy Co. Ltd., Class H		2,265,000		5,571,101
China Southern Airlines Co. Ltd., Class A^(b)		537,700		622,823
China Southern Airlines Co. Ltd., Class H^(a)(b)		1,132,000		724,758
China State Construction Engineering Corp. Ltd., Class A		1,726,300		1,413,920
China State Construction International Holdings Ltd.		1,132,000		1,340,026
China Suntien Green Energy Corp. Ltd., Class H		1,164,000		709,295
China Taiping Insurance Holdings Co. Ltd.		1,075,590		1,521,699
China Tourism Group Duty Free Corp. Ltd., Class A		85,998		2,818,126
China Tower Corp. Ltd., Class H^(c)		28,870,000		3,487,460
China Traditional Chinese Medicine Holdings Co. Ltd.		1,708,000		996,068
China TransInfo Technology Co. Ltd., Class A		113,200		241,929
China United Network Communications Ltd., Class A		1,196,000		698,807
China Vanke Co. Ltd., Class A		452,807		1,450,653
China Vanke Co. Ltd., Class H		1,075,484		2,780,392
China Yangtze Power Co. Ltd., Class A		1,032,448		3,560,652
China Yuhua Education Corp. Ltd.^(c)		1,132,000		246,312
China Zheshang Bank Co. Ltd., Class A		1,188,600		640,960
Chinasoft International Ltd.		1,698,000		1,699,140
Chindata Group Holdings Ltd., ADR^(a)(b)		73,014		373,832
Chongqing Brewery Co. Ltd., Class A^(b)		29,996		628,011
Chongqing Changan Automobile Co. Ltd., Class A		283,137		580,906
Chongqing Fuling Zhacai Group Co. Ltd., Class A		56,600		282,037
Chongqing Zhifei Biological Products Co. Ltd., Class A		56,600		950,408
CIFI Ever Sunshine Services Group Ltd.		568,000		1,025,024
CIFI Holdings Group Co. Ltd.		2,368,000		1,545,856
CITIC Ltd.		3,962,000		4,449,742
CITIC Securities Co. Ltd., Class A		586,302		2,293,809
CITIC Securities Co. Ltd., Class H		1,273,500		3,410,202
Contemporary Amperex Technology Co. Ltd., Class A		100,099		9,658,721
COSCO SHIPPING Holdings Co. Ltd., Class A^(b)		537,912		1,395,340
COSCO SHIPPING Holdings Co. Ltd., Class H^(b)		2,264,399		4,119,461
COSCO SHIPPING Ports Ltd.		1,702,000		1,355,818


Security	Shares		Value

China (continued)
Country Garden Holdings Co. Ltd.^(a)		5,377,838	$	4,417,119
Country Garden Services Holdings Co. Ltd.		1,132,000		6,686,960
CRRC Corp. Ltd., Class A		936,000		858,877
CRRC Corp. Ltd., Class H		2,717,000		1,244,298
CSC Financial Co. Ltd., Class A		198,199		832,066
CSPC Pharmaceutical Group Ltd.		6,227,440		7,568,763
Dada Nexus Ltd., ADR^(b)		41,035		448,102
Dali Foods Group Co. Ltd.^(c)		1,556,500		899,616
Daqo New Energy Corp., ADR^(b)		42,181		1,692,302
DaShenLin Pharmaceutical Group Co. Ltd., Class A		28,500		166,532
DHC Software Co. Ltd., Class A		198,100		223,750
DiDi Global Inc.^(a)(b)		205,175		740,682
Dong-E-E-Jiao Co. Ltd., Class A		28,300		168,290
Dongfang Electric Corp. Ltd., Class A		165,988		449,489
Dongfeng Motor Group Co. Ltd., Class H		1,698,000		1,497,373
Dongxing Securities Co. Ltd., Class A		227,298		379,836
Dongyue Group Ltd.^(a)		1,164,000		1,424,635
East Money Information Co. Ltd., Class A		438,844		2,191,526
Ecovacs Robotics Co. Ltd., Class A		28,300		599,609
ENN Energy Holdings Ltd.		537,900		8,563,511
Eve Energy Co. Ltd., Class A		84,916		1,278,157
Everbright Securities Co. Ltd., Class A		170,893		370,889
Fangda Carbon New Material Co. Ltd., Class A		228,775		349,998
Far East Horizon Ltd.		1,132,000		968,371
Fiberhome Telecommunication Technologies Co. Ltd., Class A		84,999		219,252
First Capital Securities Co. Ltd., Class A		254,700		261,505
Flat Glass Group Co. Ltd., Class A		59,200		459,308
Flat Glass Group Co. Ltd., Class H^(a)		283,000		1,136,143
Focus Media Information Technology Co. Ltd., Class A		646,240		780,568
Foshan Haitian Flavouring & Food Co. Ltd., Class A		141,540		2,166,134
Fosun International Ltd.		1,839,500		2,087,179
Founder Securities Co. Ltd., Class A		481,242		557,614
Foxconn Industrial Internet Co. Ltd., Class A		367,900		645,838
Fujian Sunner Development Co. Ltd., Class A		56,600		188,479
Fuyao Glass Industry Group Co. Ltd., Class A		85,599		646,240
Fuyao Glass Industry Group Co. Ltd., Class H^(c)		452,800		2,452,005
Ganfeng Lithium Co. Ltd., Class A		58,298		1,253,969
Ganfeng Lithium Co. Ltd., Class H^(a)(c)		169,800		2,698,178
GCL System Integration Technology Co. Ltd., Class A^(b)		306,600		153,940
GDS Holdings Ltd., ADR^(a)(b)		57,872		2,539,423
Geely Automobile Holdings Ltd.		3,923,000		8,492,341
Gemdale Corp., Class A		226,446		461,131
Genscript Biotech Corp.^(b)		926,000		2,949,695
GF Securities Co. Ltd., Class A		339,800		1,122,463
GF Securities Co. Ltd., Class H		623,000		1,079,864
Giant Network Group Co. Ltd., Class A		113,219		174,591
Gigadevice Semiconductor Beijing Inc., Class A		28,435		633,325
GoerTek Inc., Class A		141,797		1,068,311
GOME Retail Holdings Ltd.^(a)(b)		8,490,160		581,548
Gotion High-tech Co. Ltd., Class A^(b)		59,200		377,891
Great Wall Motor Co. Ltd., Class A		85,100		551,412
Great Wall Motor Co. Ltd., Class H		2,122,500		5,758,528
Greenland Holdings Corp. Ltd., Class A		419,887		289,670
Greentown China Holdings Ltd.		566,000		934,498
Greentown Service Group Co. Ltd.		1,132,000		1,242,767
GRG Banking Equipment Co. Ltd., Class A		141,560		252,934
Guangdong Haid Group Co. Ltd., Class A		113,299		1,290,227
Guangdong Investment Ltd.		2,264,000		3,233,974


Security	Shares		Value

China (continued)
Guangdong Kinlong Hardware Products Co. Ltd., Class A		18,700	$	472,214
Guanghui Energy Co. Ltd., Class A^(b)		363,200		334,582
Guangzhou Automobile Group Co. Ltd., Class H		2,264,397		2,224,280
Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd., Class A		84,900		387,842
Guangzhou Haige Communications Group Inc. Co., Class A		198,111		290,104
Guangzhou Kingmed Diagnostics Group Co. Ltd., Class A		29,998		365,909
Guangzhou R&F Properties Co. Ltd., Class H^(a)		1,018,800		453,474
Guangzhou Shiyuan Electronic Technology Co. Ltd., Class A		29,358		352,224
Guangzhou Tinci Materials Technology Co. Ltd., Class A		56,600		852,235
Guosen Securities Co. Ltd., Class A		367,900		636,764
Guotai Junan Securities Co. Ltd., Class A		424,500		1,184,062
Guoyuan Securities Co. Ltd., Class A		283,030		320,333
Haidilao International Holding Ltd.^(a)(c)		566,000		1,226,736
Haier Smart Home Co. Ltd., Class A		339,600		1,496,229
Haier Smart Home Co. Ltd., Class H		1,415,400		5,674,396
Haitian International Holdings Ltd.		569,000		1,480,347
Haitong Securities Co. Ltd., Class A		679,200		1,231,043
Haitong Securities Co. Ltd., Class H		1,226,400		1,103,654
Hangzhou First Applied Material Co. Ltd., Class A		56,796		1,027,769
Hangzhou Robam Appliances Co. Ltd., Class A		56,783		310,169
Hangzhou Silan Microelectronics Co. Ltd., Class A		56,600		459,603
Hangzhou Tigermed Consulting Co. Ltd., Class A		29,390		483,405
Hangzhou Tigermed Consulting Co. Ltd., Class H^(c)		56,800		595,028
Hansoh Pharmaceutical Group Co. Ltd.^(c)		902,000		1,859,393
Hefei Meiya Optoelectronic Technology Inc., Class A		28,300		150,065
Hello Group Inc., ADR		110,087		1,071,146
Henan Shuanghui Investment & Development Co. Ltd., Class A		142,198		668,967
Hengan International Group Co. Ltd.^(a)		424,500		2,075,088
Hengli Petrochemical Co. Ltd., Class A		254,999		965,022
HengTen Networks Group Ltd.^(a)(b)		2,280,000		703,846
Hengyi Petrochemical Co. Ltd., Class A		228,000		364,668
Hesteel Co. Ltd., Class A		792,400		298,040
Hithink RoyalFlush Information Network Co. Ltd., Class A		28,388		567,280
Hongfa Technology Co. Ltd., Class A		28,300		284,715
Hopson Development Holdings Ltd.^(a)		522,480		1,088,673
Hoshine Silicon Industry Co. Ltd., Class A		29,600		492,484
Hua Hong Semiconductor Ltd.^(b)(c)		283,000		1,377,640
Huadian Power International Corp. Ltd., Class A		396,200		260,989
Huadong Medicine Co. Ltd., Class A		84,987		490,695
Hualan Biological Engineering Inc., Class A		73,280		292,695
Huaneng Power International Inc., Class A		283,000		327,889
Huaneng Power International Inc., Class H		2,268,000		1,193,886
Huatai Securities Co. Ltd., Class A		367,900		995,573
Huatai Securities Co. Ltd., Class H^(c)		896,200		1,593,097
Huaxi Securities Co. Ltd., Class A		226,400		323,462
Huaxia Bank Co. Ltd., Class A		824,799		731,933
Huaxin Cement Co. Ltd., Class A		84,900		247,972
Huayu Automotive Systems Co. Ltd., Class A		141,700		618,562
Huazhu Group Ltd., ADR^(b)		122,836		4,854,479
Hundsun Technologies Inc., Class A		84,912		785,751
Hygeia Healthcare Holdings Co. Ltd.^(c)		232,800		1,055,427
Iflytek Co. Ltd., Class A		114,000		788,387
I-Mab, ADR^(b)		28,097		709,449


Security	Shares		Value

China (continued)
Imeik Technology Development Co. Ltd., Class A		8,200	$	573,721
Industrial & Commercial Bank of China Ltd., Class A		2,575,300		1,890,501
Industrial & Commercial Bank of China Ltd., Class H		38,207,350		23,147,738
Industrial Bank Co. Ltd., Class A		905,625		2,996,161
Industrial Securities Co. Ltd., Class A		368,059		501,815
Ingenic Semiconductor Co. Ltd., Class A		29,600		516,906
Inner Mongolia BaoTou Steel Union Co. Ltd., Class A^(b)		2,037,696		759,528
Inner Mongolia Junzheng Energy & Chemical Industry Group Co. Ltd., Class A		453,300		352,855
Inner Mongolia Yili Industrial Group Co. Ltd., Class A		283,091		1,706,100
Innovent Biologics Inc.^(a)(b)(c)		850,500		3,601,702
Inspur Electronic Information Industry Co. Ltd., Class A		84,948		455,551
iQIYI Inc., ADR^(a)(b)		191,912		783,001
JA Solar Technology Co. Ltd., Class A		59,200		842,033
Jafron Biomedical Co. Ltd., Class A		28,620		212,744
Jason Furniture Hangzhou Co. Ltd., Class A		28,300		327,553
JD Health International Inc.^(b)(c)		226,500		1,829,478
JD.com Inc., Class A^(b)		1,374,822		52,107,664
Jiangsu Eastern Shenghong Co. Ltd., Class A		134,900		359,376
Jiangsu Expressway Co. Ltd., Class H		1,134,000		1,184,865
Jiangsu Hengli Hydraulic Co. Ltd., Class A		56,665		690,034
Jiangsu Hengrui Medicine Co. Ltd., Class A		276,210		1,781,508
Jiangsu King’s Luck Brewery JSC Ltd., Class A		56,600		457,096
Jiangsu Yanghe Brewery Joint-Stock Co. Ltd., Class A		56,600		1,404,424
Jiangsu Yuyue Medical Equipment & Supply Co. Ltd., Class A		56,600		266,212
Jiangsu Zhongtian Technology Co. Ltd., Class A		141,700		374,540
Jiangxi Copper Co. Ltd., Class A		142,300		463,909
Jiangxi Copper Co. Ltd., Class H		849,000		1,392,155
Jiangxi Zhengbang Technology Co. Ltd., Class A		169,800		237,876
Jinke Properties Group Co. Ltd., Class A		254,700		180,375
Jinxin Fertility Group Ltd.^(b)(c)		849,000		850,434
Jiumaojiu International Holdings Ltd.^(c)		566,000		1,222,326
Joincare Pharmaceutical Group Industry Co. Ltd., Class A		141,500		260,083
Jointown Pharmaceutical Group Co. Ltd., Class A		141,500		296,532
Jonjee Hi-Tech Industrial And Commercial Holding Co. Ltd., Class A		57,286		289,997
JOYY Inc., ADR		37,368		1,889,326
Juewei Food Co. Ltd., Class A		28,300		235,280
Kanzhun Ltd.^(a)(b)		47,269		1,431,778
KE Holdings Inc., ADR^(b)		243,097		5,297,084
Kingboard Holdings Ltd.		424,500		2,049,368
Kingboard Laminates Holdings Ltd.		707,500		1,213,401
Kingdee International Software Group Co. Ltd.^(b)		1,698,000		3,890,698
Kingsoft Cloud Holdings Ltd., ADR^(a)(b)		37,639		318,050
Kingsoft Corp. Ltd.		623,000		2,799,680
Kuaishou Technology^(b)(c)		339,600		3,881,884
Kunlun Energy Co. Ltd.		2,836,000		2,941,066
Kweichow Moutai Co. Ltd., Class A		56,672		16,925,504
KWG Group Holdings Ltd.		829,500		453,558
Laobaixing Pharmacy Chain JSC, Class A		39,220		262,982
LB Group Co. Ltd., Class A		113,200		436,489
Lee & Man Paper Manufacturing Ltd.		851,000		582,817
Legend Biotech Corp., ADR^(a)(b)		30,564		1,303,249
Lenovo Group Ltd.		5,094,000		5,520,408
Lens Technology Co. Ltd., Class A		226,486		612,921
Lepu Medical Technology Beijing Co. Ltd., Class A		84,900		277,379
Li Auto Inc., ADR^(b)		373,614		9,747,589
Li Ning Co. Ltd.		1,562,000		15,241,995


Security	Shares		Value

China (continued)
Lingyi iTech Guangdong Co., Class A^(b)		339,600	$	329,671
Livzon Pharmaceutical Group Inc., Class A		56,601		312,346
Logan Group Co. Ltd.^(a)		849,000		528,104
Longfor Group Holdings Ltd.^(c)		1,273,500		7,639,504
LONGi Green Energy Technology Co. Ltd., Class A		226,420		2,535,671
Luxshare Precision Industry Co. Ltd., Class A		283,230		2,121,957
Luzhou Laojiao Co. Ltd., Class A		56,600		1,944,315
Mango Excellent Media Co. Ltd., Class A		85,650		477,708
Maxscend Microelectronics Co. Ltd., Class A		19,540		810,273
Meinian Onehealth Healthcare Holdings Co. Ltd., Class A^(b)		198,187		224,162
Meituan, Class B^(b)(c)		2,773,800		82,754,501
Metallurgical Corp. of China Ltd., Class A		990,508		576,117
Microport Scientific Corp.^(a)		452,800		1,305,092
Ming Yuan Cloud Group Holdings Ltd.		283,000		583,518
Minth Group Ltd.		566,000		2,617,447
MMG Ltd.^(b)		2,264,000		735,087
Muyuan Foods Co. Ltd., Class A		226,636		1,970,992
Nanjing King-Friend Biochemical Pharmaceutical Co. Ltd., Class A		52,701		299,251
Nanjing Securities Co. Ltd., Class A		226,400		321,301
NARI Technology Co. Ltd., Class A		254,797		1,424,026
NAURA Technology Group Co. Ltd., Class A		28,300		1,286,468
NavInfo Co. Ltd., Class A^(b)		141,700		356,955
NetEase Inc		1,334,470		27,863,047
New China Life Insurance Co. Ltd., Class A		113,299		672,137
New China Life Insurance Co. Ltd., Class H		537,700		1,533,645
New Hope Liuhe Co. Ltd., Class A^(b)		226,472		576,251
New Oriental Education & Technology Group Inc., ADR^(b)		1,048,611		1,499,514
Nine Dragons Paper Holdings Ltd.		1,132,000		1,130,722
Ninestar Corp., Class A		85,400		659,235
Ningbo Joyson Electronic Corp., Class A		56,600		164,730
Ningbo Tuopu Group Co. Ltd., Class A		59,200		519,245
Ningxia Baofeng Energy Group Co. Ltd., Class A		283,000		717,744
NIO Inc., ADR^(a)(b)		925,793		22,691,186
Noah Holdings Ltd., ADR^(a)(b)		22,923		719,553
Nongfu Spring Co. Ltd., Class H^(a)(c)		1,189,000		7,198,920
Offshore Oil Engineering Co. Ltd., Class A		198,900		140,355
OFILM Group Co. Ltd., Class A^(b)		169,823		214,292
Oppein Home Group Inc., Class A		28,300		614,214
Orient Securities Co. Ltd., Class A		279,198		541,052
Ovctek China Inc., Class A		28,380		170,599
Pangang Group Vanadium Titanium & Resources Co. Ltd., Class A^(b)		566,000		331,350
People’s Insurance Co. Group of China Ltd. (The), Class H		6,228,000		1,970,849
Perfect World Co. Ltd., Class A		85,589		186,073
PetroChina Co. Ltd., Class A		877,300		697,264
PetroChina Co. Ltd., Class H		14,716,000		7,297,543
Pharmaron Beijing Co. Ltd., Class A		28,300		525,169
Pharmaron Beijing Co. Ltd., Class H^(c)		113,200		1,440,119
PICC Property & Casualty Co. Ltd., Class H		4,529,814		4,220,665
Pinduoduo Inc., ADR^(b)		297,467		17,800,425
Ping An Bank Co. Ltd., Class A		820,938		2,057,611
Ping An Healthcare and Technology Co. Ltd.^(a)(b)(c)		311,300		993,275
Ping An Insurance Group Co. of China Ltd., Class A		452,899		3,578,221
Ping An Insurance Group Co. of China Ltd., Class H		4,245,000		33,687,555
Poly Developments and Holdings Group Co. Ltd., Class A		509,495		1,255,416


Security	Shares		Value

China (continued)
Postal Savings Bank of China Co. Ltd., Class A		1,132,000	$	1,007,618
Postal Savings Bank of China Co. Ltd., Class H^(c)		5,379,000		4,481,513
Power Construction Corp. of China Ltd., Class A		707,700		968,554
Powerlong Real Estate Holdings Ltd.		849,000		473,890
RiseSun Real Estate Development Co. Ltd., Class A		255,193		179,427
RLX Technology Inc., ADR^(b)		413,603		1,385,570
Rongsheng Petrochemical Co. Ltd., Class A		424,768		1,215,919
SAIC Motor Corp. Ltd., Class A		367,998		1,093,217
Sangfor Technologies Inc., Class A		28,300		693,355
Sany Heavy Equipment International Holdings Co. Ltd.		849,000		890,307
Sany Heavy Industry Co. Ltd., Class A		367,999		1,174,002
Satellite Chemical Co. Ltd., Class A		88,800		591,126
SDIC Capital Co. Ltd., Class A		367,928		436,427
SDIC Power Holdings Co. Ltd., Class A		339,600		536,117
Sealand Securities Co. Ltd., Class A		396,210		243,670
Seazen Group Ltd.		1,782,000		1,205,528
Seazen Holdings Co. Ltd., Class A		113,224		592,030
SF Holding Co. Ltd., Class A		198,195		1,988,322
Shaanxi Coal Industry Co. Ltd., Class A		476,499		946,393
Shandong Buchang Pharmaceuticals Co. Ltd., Class A		113,200		351,948
Shandong Gold Mining Co. Ltd., Class A		226,480		672,520
Shandong Gold Mining Co. Ltd., Class H^(a)(c)		353,750		597,005
Shandong Hualu Hengsheng Chemical Co. Ltd., Class A		113,220		545,455
Shandong Linglong Tyre Co. Ltd., Class A		56,800		274,800
Shandong Nanshan Aluminum Co. Ltd., Class A		650,900		446,831
Shandong Sun Paper Industry JSC Ltd., Class A		141,500		249,440
Shandong Weigao Group Medical Polymer Co. Ltd., Class H		1,682,400		2,073,376
Shanghai Bairun Investment Holding Group Co. Ltd., Class A		42,620		294,353
Shanghai Baosight Software Co. Ltd., Class A		56,680		484,384
Shanghai Baosight Software Co. Ltd., Class B		296,479		1,372,847
Shanghai Construction Group Co. Ltd., Class A		645,400		334,274
Shanghai Electric Group Co. Ltd., Class A		650,900		439,131
Shanghai Fosun Pharmaceutical Group Co. Ltd., Class A		113,200		764,484
Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H		283,000		1,134,806
Shanghai International Airport Co. Ltd., Class A^(b)		56,600		451,526
Shanghai International Port Group Co. Ltd., Class A		537,700		481,476
Shanghai Jahwa United Co. Ltd., Class A		28,300		180,492
Shanghai Lujiazui Finance & Trade Zone Development Co. Ltd., Class B		933,975		859,067
Shanghai M&G Stationery Inc., Class A		56,600		489,863
Shanghai Pharmaceuticals Holding Co. Ltd., Class A		141,500		420,101
Shanghai Pharmaceuticals Holding Co. Ltd., Class H		452,800		884,078
Shanghai Pudong Development Bank Co. Ltd., Class A		1,332,595		1,767,447
Shanghai Putailai New Energy Technology Co. Ltd., Class A		29,600		669,155
Shanghai Yuyuan Tourist Mart Group Co. Ltd., Class A		169,800		246,993
Shanghai Zhangjiang High-Tech Park Development Co. Ltd., Class A		141,671		306,114
Shanxi Lu’an Environmental Energy Development Co. Ltd., Class A		169,800		324,171
Shanxi Meijin Energy Co. Ltd., Class A^(b)		226,400		472,936
Shanxi Securities Co. Ltd., Class A		254,740		237,360
Shanxi Taigang Stainless Steel Co. Ltd., Class A		306,600		330,152
Shanxi Xinghuacun Fen Wine Factory Co. Ltd., Class A		56,680		2,467,771
Shengyi Technology Co. Ltd., Class A		113,200		352,021


Security	Shares		Value

China (continued)
Shennan Circuits Co. Ltd., Class A		220	$	4,127
Shenwan Hongyuan Group Co. Ltd., Class A		1,160,397		856,383
Shenzhen Energy Group Co. Ltd., Class A		226,486		248,900
Shenzhen Goodix Technology Co. Ltd., Class A		28,300		396,599
Shenzhen Inovance Technology Co. Ltd., Class A		113,200		1,082,787
Shenzhen International Holdings Ltd.		707,500		717,919
Shenzhen Kangtai Biological Products Co. Ltd., Class A		28,300		359,543
Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Class A		56,875		2,885,681
Shenzhen Overseas Chinese Town Co. Ltd., Class A		424,500		519,367
Shenzhen Sunway Communication Co. Ltd., Class A		56,600		191,254
Shenzhen Transsion Holding Co. Ltd., Class A		27,620		587,066
Shenzhou International Group Holdings Ltd.		562,100		10,429,733
Shimao Group Holdings Ltd.^(a)		849,000		625,709
Shimao Services Holdings Ltd.^(c)		283,000		226,207
Sichuan Chuantou Energy Co. Ltd., Class A		254,700		443,711
Sichuan Kelun Pharmaceutical Co. Ltd., Class A		84,900		236,043
Sichuan Swellfun Co. Ltd., Class A		28,300		443,697
Silergy Corp.		53,000		7,163,716
Sinolink Securities Co. Ltd., Class A		169,800		277,949
Sinopec Shanghai Petrochemical Co. Ltd., Class A		254,700		156,342
Sinopharm Group Co. Ltd., Class H		905,600		2,025,641
Sinotruk Hong Kong Ltd.		405,000		602,421
Smoore International Holdings Ltd.^(c)		1,415,000		6,088,493
Songcheng Performance Development Co. Ltd., Class A		152,620		368,898
SooChow Securities Co. Ltd., Class A		263,657		325,796
Southwest Securities Co. Ltd., Class A		566,000		426,627
Sun Art Retail Group Ltd.^(a)		1,273,500		465,057
Sunac China Holdings Ltd.		1,698,000		2,092,482
Sunac Services Holdings Ltd.^(b)(c)		566,000		643,909
Sungrow Power Supply Co. Ltd., Class A		56,600		1,026,552
Suning.com Co. Ltd., Class A^(b)		509,694		312,777
Sunny Optical Technology Group Co. Ltd.		477,200		12,320,139
Sunwoda Electronic Co. Ltd., Class A		86,599		487,862
Suzhou Dongshan Precision Manufacturing Co. Ltd., Class A		81,000		317,411
TAL Education Group, ADR^(b)		286,165		818,432
TBEA Co. Ltd., Class A		165,997		496,445
TCL Technology Group Corp., Class A		707,500		629,919
Tencent Holdings Ltd.		3,905,800		244,746,312
Tencent Music Entertainment Group, ADR^(a)(b)		448,121		2,769,388
Thunder Software Technology Co. Ltd., Class A		28,300		627,466
Tianjin Zhonghuan Semiconductor Co. Ltd., Class A		143,199		975,634
Tianma Microelectronics Co. Ltd., Class A		226,489		426,279
Tianshui Huatian Technology Co. Ltd., Class A		165,900		300,860
Tingyi Cayman Islands Holding Corp.		1,134,000		2,349,405
Toly Bread Co. Ltd., Class A		56,618		231,976
Tongcheng Travel Holdings Ltd.^(b)		679,200		1,397,634
Tongkun Group Co. Ltd., Class A		114,896		377,698
Tongling Nonferrous Metals Group Co. Ltd., Class A		666,500		359,686
Tongwei Co. Ltd., Class A		198,100		1,181,655
Topchoice Medical Corp., Class A^(b)		12,200		286,985
Topsports International Holdings Ltd.^(c)		1,132,000		1,022,829
Transfar Zhilian Co. Ltd., Class A		228,096		278,582
TravelSky Technology Ltd., Class H		568,000		1,062,125
Trip.com Group Ltd., ADR^(b)		344,447		9,165,735
Tsingtao Brewery Co. Ltd., Class A		24,400		356,582
Tsingtao Brewery Co. Ltd., Class H		348,000		3,131,985
Unigroup Guoxin Microelectronics Co. Ltd., Class A		28,300		964,914
Uni-President China Holdings Ltd.		851,000		804,305


Security	Shares		Value

China (continued)
Unisplendour Corp. Ltd., Class A		141,520	$	468,369
Universal Scientific Industrial Shanghai Co. Ltd., Class A		84,900		184,691
Venus MedTech Hangzhou Inc., Class H^(a)(b)(c)		141,500		547,973
Vinda International Holdings Ltd.^(a)		283,000		761,586
Vipshop Holdings Ltd., ADR^(b)		303,942		2,829,700
Vnet Group Inc., ADR^(a)(b)		66,505		659,730
Walvax Biotechnology Co. Ltd., Class A		56,600		436,202
Wanhua Chemical Group Co. Ltd., Class A		143,199		2,065,262
Want Want China Holdings Ltd.^(a)		3,357,000		3,293,608
Weibo Corp., ADR^(a)(b)		42,662		1,478,238
Weichai Power Co. Ltd., Class A		283,000		699,291
Weichai Power Co. Ltd., Class H		1,415,600		2,568,791
Weimob Inc.^(a)(b)(c)		1,423,000		1,074,943
Wens Foodstuffs Group Co. Ltd., Class A^(b)		328,098		1,043,809
Western Securities Co. Ltd., Class A		339,699		408,788
Wharf Holdings Ltd. (The)		871,000		2,976,696
Will Semiconductor Co. Ltd. Shanghai, Class A		28,300		1,148,588
Wingtech Technology Co. Ltd., Class A		56,600		964,177
Winning Health Technology Group Co. Ltd., Class A		118,138		215,208
Wuchan Zhongda Group Co. Ltd., Class A		283,099		236,198
Wuhan Guide Infrared Co. Ltd., Class A		142,061		470,891
Wuhu Sanqi Interactive Entertainment Network Technology Group Co. Ltd., Class A		114,849		454,503
Wuliangye Yibin Co. Ltd., Class A		141,799		4,459,526
WUS Printed Circuit Kunshan Co. Ltd., Class A		113,250		310,755
WuXi AppTec Co. Ltd., Class A		115,564		1,920,214
WuXi AppTec Co. Ltd., Class H^(c)		226,474		3,248,376
Wuxi Biologics Cayman Inc., New^(b)(c)		2,406,500		24,119,782
Wuxi Lead Intelligent Equipment Co. Ltd., Class A		28,390		326,019
XCMG Construction Machinery Co. Ltd., Class A		452,898		405,251
Xiamen C & D Inc., Class A		226,400		334,689
Xiaomi Corp., Class B^(b)(c)		9,679,400		20,533,574
Xinjiang Goldwind Science & Technology Co. Ltd., Class A		254,713		605,025
Xinjiang Goldwind Science & Technology Co. Ltd., Class H^(a)		445,058		775,903
Xinyi Solar Holdings Ltd.^(a)		3,396,000		5,448,085
XPeng Inc., ADR^(a)(b)		264,348		9,275,971
Yadea Group Holdings Ltd.^(c)		488,000		694,907
Yankuang Energy Group Co. Ltd., Class A		113,200		414,198
Yantai Jereh Oilfield Services Group Co. Ltd., Class A		56,701		375,578
Yealink Network Technology Corp. Ltd., Class A		44,748		549,900
Yifeng Pharmacy Chain Co. Ltd., Class A		24,486		191,660
Yihai International Holding Ltd.^(a)		283,000		1,208,120
Yihai Kerry Arawana Holdings Co. Ltd., Class A		56,600		512,239
Yintai Gold Co. Ltd., Class A		187,021		244,780
Yonghui Superstores Co. Ltd., Class A		511,028		312,730
Yonyou Network Technology Co. Ltd., Class A		141,790		787,057
Yum China Holdings Inc.		285,278		13,741,841
Yunda Holding Co. Ltd., Class A		141,520		440,297
Yunnan Baiyao Group Co. Ltd., Class A		58,254		829,067
Yunnan Energy New Material Co. Ltd., Class A		36,200		1,454,450
Zai Lab Ltd., ADR^(b)		52,082		2,586,913
Zhangzhou Pientzehuang Pharmaceutical Co. Ltd., Class A		28,402		1,608,474
Zhejiang Century Huatong Group Co. Ltd., Class A^(b)		367,972		393,155
Zhejiang Chint Electrics Co. Ltd., Class A		85,100		641,514
Zhejiang Dahua Technology Co. Ltd., Class A		169,800		513,317
Zhejiang Dingli Machinery Co. Ltd., Class A		13,447		155,146


Security	Shares		Value

China (continued)
Zhejiang Expressway Co. Ltd., Class H		1,134,000	$	971,537
Zhejiang Huahai Pharmaceutical Co. Ltd., Class A		84,925		279,767
Zhejiang Huayou Cobalt Co. Ltd., Class A		56,600		889,275
Zhejiang Jingsheng Mechanical & Electrical Co. Ltd., Class A		59,200		541,436
Zhejiang Longsheng Group Co. Ltd., Class A		226,400		444,994
Zhejiang NHU Co. Ltd., Class A		141,677		673,244
Zhejiang Sanhua Intelligent Controls Co. Ltd., Class A		183,640		556,373
Zhejiang Supor Co. Ltd., Class A		29,999		245,228
Zhejiang Weixing New Building Materials Co. Ltd., Class A		86,596		308,987
Zhejiang Wolwo Bio-Pharmaceutical Co. Ltd., Class A		28,300		206,136
Zheshang Securities Co. Ltd., Class A		198,100		385,942
ZhongAn Online P&C Insurance Co. Ltd., Class H^(a)(b)(c)		339,600		1,169,510
Zhongji Innolight Co. Ltd., Class A		56,699		321,724
Zhongsheng Group Holdings Ltd.		424,500		3,261,058
Zhuzhou CRRC Times Electric Co. Ltd.		368,100		1,944,190
Zijin Mining Group Co. Ltd., Class A		820,700		1,294,735
Zijin Mining Group Co. Ltd., Class H		3,962,000		5,143,508
Zoomlion Heavy Industry Science and Technology Co. Ltd., Class A		446,137		498,011
Zoomlion Heavy Industry Science and Technology Co. Ltd., Class H		679,600		445,110
ZTE Corp., Class A		169,800		812,770
ZTE Corp., Class H		501,600		1,355,443
ZTO Express Cayman Inc., ADR		294,910		8,859,096


				1,713,059,902

Hong Kong — 7.3%
AIA Group Ltd.		8,207,400		85,683,698
BOC Hong Kong Holdings Ltd.		2,527,500		9,759,530
Budweiser Brewing Co. APAC Ltd.^(c)		1,041,600		2,751,422
China Youzan Ltd.^(a)(b)		10,188,000		395,417
Chow Tai Fook Jewellery Group Ltd.		1,415,000		2,486,118
CK Asset Holdings Ltd.		1,415,132		9,446,582
CK Hutchison Holdings Ltd.		1,839,632		13,074,861
CK Infrastructure Holdings Ltd.		424,500		2,615,925
CLP Holdings Ltd.		1,132,000		11,328,494
ESR Cayman Ltd.^(b)(c)		1,358,800		4,607,282
Futu Holdings Ltd., ADR^(a)(b)		35,296		1,526,552
Galaxy Entertainment Group Ltd.^(b)		1,415,000		8,194,636
Hang Lung Properties Ltd.		1,415,000		3,023,438
Hang Seng Bank Ltd.		537,700		10,645,279
Henderson Land Development Co. Ltd.		1,132,166		4,951,181
HK Electric Investments & HK Electric Investments Ltd., Class SS		1,840,500		1,831,754
HKT Trust & HKT Ltd., Class SS		2,549,640		3,479,226
Hong Kong & China Gas Co. Ltd.		7,643,763		11,781,013
Hong Kong Exchanges & Clearing Ltd.		781,453		44,601,972
Hongkong Land Holdings Ltd.^(a)		792,600		4,292,653
Huabao International Holdings Ltd.^(a)		566,500		349,532
Hutchmed China Ltd., ADR^(a)(b)		58,864		1,603,455
Jardine Matheson Holdings Ltd.		141,500		8,357,407
Link REIT		1,415,200		12,150,212
Melco Resorts & Entertainment Ltd., ADR^(b)		142,780		1,507,757
MTR Corp. Ltd.		991,500		5,366,816
New World Development Co. Ltd.		1,132,166		4,621,852
Power Assets Holdings Ltd.		990,500		6,086,234
Sands China Ltd.^(b)		1,698,000		4,734,791
Sino Biopharmaceutical Ltd.		7,036,250		4,852,571
Sino Land Co. Ltd.		2,265,200		2,935,006


Security	Shares		Value

Hong Kong (continued)
SITC International Holdings Co. Ltd.^(a)		849,000	$	3,236,030
Sun Hung Kai Properties Ltd.		882,500		10,766,947
Swire Pacific Ltd., Class A		283,000		1,714,436
Swire Properties Ltd.		792,800		2,113,384
Techtronic Industries Co. Ltd.		990,500		16,343,340
WH Group Ltd.^(c)		5,377,000		3,597,265
Wharf Real Estate Investment Co. Ltd.		1,132,000		5,383,828
Xinyi Glass Holdings Ltd.		1,132,000		3,000,892
Yuexiu Property Co. Ltd.		920,600		935,417


				336,134,205

India — 14.3%
ACC Ltd.		50,091		1,544,606
Adani Enterprises Ltd.		190,475		4,414,415
Adani Green Energy Ltd.^(b)		265,205		6,732,677
Adani Ports & Special Economic Zone Ltd.		341,366		3,304,061
Adani Total Gas Ltd.		189,074		4,614,574
Adani Transmission Ltd.^(b)		189,636		5,066,260
Ambuja Cements Ltd.		483,458		2,380,046
Apollo Hospitals Enterprise Ltd.		68,777		4,132,458
Asian Paints Ltd.		257,863		10,927,209
Aurobindo Pharma Ltd.		192,723		1,645,472
Avenue Supermarts Ltd.^(b)(c)		109,525		6,072,951
Axis Bank Ltd.^(b)		1,450,344		15,188,875
Bajaj Auto Ltd.		46,141		2,213,180
Bajaj Finance Ltd.		184,540		17,477,950
Bajaj Finserv Ltd.		26,602		5,640,376
Balkrishna Industries Ltd.		63,695		2,007,967
Bandhan Bank Ltd.^(c)		448,093		1,908,496
Berger Paints India Ltd.		174,611		1,694,790
Bharat Electronics Ltd.		829,756		2,348,945
Bharat Forge Ltd.		167,819		1,662,884
Bharat Petroleum Corp. Ltd.		585,896		3,137,398
Bharti Airtel Ltd.^(b)		1,673,597		16,437,905
Biocon Ltd.^(b)		253,624		1,252,681
Britannia Industries Ltd.		70,475		3,350,979
Cholamandalam Investment and Finance Co. Ltd.		285,547		2,426,549
Cipla Ltd.		324,902		4,124,576
Coal India Ltd.		964,181		2,074,932
Colgate-Palmolive India Ltd.		80,669		1,544,498
Container Corp. of India Ltd.		178,856		1,560,568
Dabur India Ltd.		395,383		2,853,551
Divi’s Laboratories Ltd.		90,564		4,917,792
DLF Ltd.		437,427		2,316,434
Dr. Reddy’s Laboratories Ltd.		77,548		4,483,046
Eicher Motors Ltd.		87,186		3,113,530
GAIL India Ltd.		1,060,684		2,068,305
Godrej Consumer Products Ltd.^(b)		245,676		2,939,340
Godrej Properties Ltd.^(b)		87,182		2,016,819
Grasim Industries Ltd.		191,342		4,455,572
Havells India Ltd.		170,970		2,732,837
HCL Technologies Ltd.		729,379		10,824,545
HDFC Asset Management Co. Ltd.^(c)		33,677		1,001,195
HDFC Life Insurance Co. Ltd.^(c)		599,677		5,027,107
Hero MotoCorp Ltd.		77,554		2,849,460
Hindalco Industries Ltd.		1,095,243		7,260,632
Hindustan Petroleum Corp. Ltd.		447,989		1,896,233
Hindustan Unilever Ltd.		553,044		16,910,568
Housing Development Finance Corp. Ltd.		1,162,678		39,671,430
ICICI Bank Ltd.		3,435,065		36,903,400
ICICI Lombard General Insurance Co. Ltd.^(c)		135,109		2,497,470


Security	Shares		Value

India (continued)
ICICI Prudential Life Insurance Co. Ltd.^(c)		229,710	$	1,732,260
Indian Oil Corp. Ltd.		1,199,362		2,029,068
Indian Railway Catering & Tourism Corp.		167,594		1,967,758
Indraprastha Gas Ltd.		200,422		1,060,577
Indus Towers Ltd.		450,536		1,534,067
Info Edge India Ltd.		52,931		3,503,516
Infosys Ltd.		2,308,714		54,318,730
InterGlobe Aviation Ltd.^(b)(c)		67,362		1,687,253
ITC Ltd.		1,952,533		5,798,875
JSW Steel Ltd.		576,252		4,909,365
Jubilant Foodworks Ltd.		54,908		2,505,179
Kotak Mahindra Bank Ltd.		375,856		9,420,809
Larsen & Toubro Infotech Ltd.^(c)		36,224		3,065,777
Larsen & Toubro Ltd.		463,044		11,933,016
Lupin Ltd.		148,575		1,815,738
Mahindra & Mahindra Ltd.		594,418		7,109,741
Marico Ltd.		339,913		2,205,568
Maruti Suzuki India Ltd.		90,000		10,426,851
Mindtree Ltd.		47,560		2,576,067
Motherson Sumi Systems Ltd.		899,617		2,181,791
Motherson Sumi Wiring India Ltd., NVS		843,866		525,504
Mphasis Ltd.		59,163		2,484,521
MRF Ltd.		1,415		1,374,179
Muthoot Finance Ltd.		90,740		1,782,531
Nestle India Ltd.		22,359		5,575,483
NTPC Ltd.		3,285,256		6,300,130
Oil & Natural Gas Corp. Ltd.		1,720,298		4,022,565
Page Industries Ltd.		3,681		2,102,559
Petronet LNG Ltd.		492,420		1,415,600
PI Industries Ltd.		58,304		1,913,486
Pidilite Industries Ltd.		106,721		3,524,214
Piramal Enterprises Ltd.		73,580		2,375,111
Power Grid Corp. of India Ltd.		2,114,113		6,127,328
Reliance Industries Ltd.		1,934,022		62,328,051
SBI Cards & Payment Services Ltd.^(b)		150,273		1,781,516
SBI Life Insurance Co. Ltd.^(c)		315,545		5,244,652
Shree Cement Ltd.		7,077		2,313,936
Shriram Transport Finance Co. Ltd.		137,550		2,283,968
Siemens Ltd.		48,959		1,534,795
SRF Ltd.		102,488		3,315,033
State Bank of India		1,218,694		8,875,258
Sun Pharmaceutical Industries Ltd.		563,770		6,333,704
Tata Consultancy Services Ltd.		624,581		31,451,290
Tata Consumer Products Ltd.		411,787		4,031,887
Tata Motors Ltd.^(b)		1,134,859		7,829,391
Tata Power Co. Ltd. (The)		988,004		3,288,980
Tata Steel Ltd.		493,921		7,283,119
Tech Mahindra Ltd.		425,947		8,502,630
Titan Co. Ltd.		239,737		7,644,286
Torrent Pharmaceuticals Ltd.		36,230		1,300,908
Trent Ltd.		129,048		1,796,330
UltraTech Cement Ltd.		68,777		6,684,337
United Spirits Ltd.^(b)		210,552		2,459,227
UPL Ltd.		344,194		3,606,141
Vedanta Ltd.		774,450		3,378,223
Wipro Ltd.		928,639		7,169,902
Yes Bank Ltd.^(b)		7,931,641		1,421,716
Zomato Ltd.^(b)		1,240,347		1,511,712


				658,303,753


Security	Shares		Value

Indonesia — 1.7%
Adaro Energy Tbk PT		11,121,900	$	1,741,487
Aneka Tambang Tbk		6,282,600		783,805
Astra International Tbk PT		13,642,600		5,221,391
Bank Central Asia Tbk PT		37,418,200		19,902,630
Bank Mandiri Persero Tbk PT		12,680,002		6,644,426
Bank Negara Indonesia Persero Tbk PT		5,094,615		2,614,786
Bank Rakyat Indonesia Persero Tbk PT		45,994,367		13,091,625
Barito Pacific Tbk PT		20,177,900		1,253,716
Charoen Pokphand Indonesia Tbk PT		5,009,900		2,201,365
Gudang Garam Tbk PT		311,300		664,376
Indah Kiat Pulp & Paper Tbk PT		1,924,800		1,023,619
Indocement Tunggal Prakarsa Tbk PT		1,019,200		780,782
Indofood CBP Sukses Makmur Tbk PT		1,528,800		929,433
Indofood Sukses Makmur Tbk PT		3,056,400		1,347,866
Kalbe Farma Tbk PT		14,319,800		1,632,907
Merdeka Copper Gold Tbk PT^(b)		8,065,500		2,061,887
Sarana Menara Nusantara Tbk PT		16,640,400		1,189,337
Semen Indonesia Persero Tbk PT		2,094,800		986,591
Telkom Indonesia Persero Tbk PT		33,086,700		9,690,285
Tower Bersama Infrastructure Tbk PT		5,773,200		1,162,663
Unilever Indonesia Tbk PT		4,782,700		1,345,140
United Tractors Tbk PT		1,132,843		1,831,626


				78,101,743

Malaysia — 1.6%
AMMB Holdings Bhd^(b)		1,216,900		950,388
Axiata Group Bhd		1,981,000		1,760,679
CIMB Group Holdings Bhd		4,471,400		5,569,980
Dialog Group Bhd		2,830,062		1,736,410
DiGi.Com Bhd		2,151,600		1,956,149
Fraser & Neave Holdings Bhd^(a)		113,200		668,030
Genting Bhd		1,613,100		1,689,537
Genting Malaysia Bhd		2,122,500		1,389,685
HAP Seng Consolidated Bhd		452,800		822,191
Hartalega Holdings Bhd		1,132,000		1,590,290
Hong Leong Bank Bhd		367,900		1,705,235
Hong Leong Financial Group Bhd		198,100		864,539
IHH Healthcare Bhd		1,160,300		1,788,062
Inari Amertron Bhd		2,264,000		1,808,975
IOI Corp. Bhd		1,528,200		1,389,259
Kuala Lumpur Kepong Bhd		339,600		1,752,565
Malayan Banking Bhd		3,113,800		6,156,478
Malaysia Airports Holdings Bhd^(b)		735,800		1,002,045
Maxis Bhd		1,726,300		1,745,296
MISC Bhd		933,900		1,558,747
Nestle Malaysia Bhd		58,000		1,832,693
Petronas Chemicals Group Bhd		1,613,900		3,427,923
Petronas Dagangan Bhd		198,100		918,203
Petronas Gas Bhd		509,600		2,070,598
PPB Group Bhd		424,520		1,610,650
Press Metal Aluminium Holdings Bhd		2,292,300		3,373,687
Public Bank Bhd		9,660,350		9,730,907
QL Resources Bhd		849,000		1,008,130
RHB Bank Bhd		1,188,645		1,582,087
Sime Darby Bhd		1,981,000		1,018,075
Sime Darby Plantation Bhd		1,227,800		1,035,512
Telekom Malaysia Bhd		820,700		992,173
Tenaga Nasional Bhd		1,443,300		3,166,115
Top Glove Corp. Bhd^(a)		3,537,700		1,800,335


Security	Shares		Value

Malaysia (continued)
Westports Holdings Bhd		707,500	$	649,098


				72,120,726

Philippines — 0.8%
Aboitiz Equity Ventures Inc.		1,471,650		1,818,812
AC Energy Corp.		5,320,400		999,570
Ayala Corp.		189,678		3,243,547
Ayala Land Inc.		5,462,900		3,857,334
Bank of the Philippine Islands		891,456		1,715,228
BDO Unibank Inc.		1,372,770		3,648,560
Globe Telecom Inc.		19,820		1,208,945
GT Capital Holdings Inc.		67,925		761,720
International Container Terminal Services Inc.		727,410		2,861,402
JG Summit Holdings Inc.		2,083,205		2,548,989
Jollibee Foods Corp.		322,680		1,519,239
Manila Electric Co.		158,480		1,043,523
Metro Pacific Investments Corp.		10,471,200		793,968
Metropolitan Bank & Trust Co.		1,341,780		1,554,287
Monde Nissin Corp.^(b)(c)		3,113,000		1,000,313
PLDT Inc.		52,365		1,884,010
SM Investments Corp.		147,240		2,741,163
SM Prime Holdings Inc.		6,963,625		4,815,658
Universal Robina Corp.		639,660		1,593,660


				39,609,928

Singapore — 3.0%
Ascendas REIT		2,179,314		4,469,427
CapitaLand Integrated Commercial Trust		3,254,947		4,692,644
Capitaland Investment Ltd/Singapore^(b)		1,754,600		4,502,077
City Developments Ltd.		311,300		1,635,252
DBS Group Holdings Ltd.		1,241,300		32,605,063
Genting Singapore Ltd.		4,019,600		2,196,479
Keppel Corp. Ltd.		962,200		4,056,837
Mapletree Commercial Trust		1,472,600		1,971,097
Mapletree Logistics Trust		2,071,061		2,606,475
Oversea-Chinese Banking Corp. Ltd.^(a)		2,292,375		21,338,028
Sea Ltd., ADR^(b)		96,786		14,547,904
Singapore Airlines Ltd.^(a)(b)		877,700		3,273,913
Singapore Exchange Ltd.		494,000		3,419,354
Singapore Technologies Engineering Ltd.		1,075,800		2,990,140
Singapore Telecommunications Ltd.		5,491,000		9,956,417
United Overseas Bank Ltd.		792,600		17,713,547
UOL Group Ltd.		283,000		1,534,701
Venture Corp. Ltd.		169,800		2,224,675
Wilmar International Ltd.		1,273,500		4,051,235


				139,785,265

South Korea — 12.8%
Alteogen Inc.^(b)		18,961		770,004
Amorepacific Corp.		21,227		2,768,453
AMOREPACIFIC Group		17,829		613,511
BGF retail Co. Ltd.		5,094		690,043
Celltrion Healthcare Co. Ltd.		59,461		3,141,587
Celltrion Inc.		66,670		8,473,367
Celltrion Pharm Inc.^(a)(b)		11,657		810,143
Cheil Worldwide Inc.		51,506		948,335
CJ CheilJedang Corp.		5,943		1,723,796
CJ Corp.		10,471		699,889
CJ ENM Co. Ltd.		7,641		792,198
CJ Logistics Corp.^(b)		6,226		604,601
Coway Co. Ltd.		37,643		2,168,685
DB Insurance Co. Ltd.		32,262		1,616,005


Security	Shares		Value

South Korea (continued)
Doosan Bobcat Inc.^(b)		37,641	$	1,180,392
Doosan Heavy Industries & Construction Co. Ltd.^(a)(b)		211,415		3,179,274
Douzone Bizon Co. Ltd.		13,588		602,289
Ecopro BM Co. Ltd.		7,643		2,171,624
E-MART Inc.^(b)		14,150		1,574,916
F&F Co. Ltd./New^(b)		2,368		1,633,868
Green Cross Corp.		3,962		586,602
GS Engineering & Construction Corp.		43,016		1,431,509
GS Holdings Corp.		34,243		1,105,600
Hana Financial Group Inc.		210,010		7,912,837
Hankook Tire & Technology Co. Ltd.		52,638		1,486,348
Hanmi Pharm Co. Ltd.		5,011		1,034,259
Hanon Systems		134,708		1,208,772
Hanwha Solutions Corp.^(b)		83,202		2,270,714
HLB Inc.^(a)(b)		62,205		1,668,193
HMM Co. Ltd.^(b)		180,301		3,356,850
Hotel Shilla Co. Ltd.		21,791		1,321,671
HYBE Co. Ltd.^(b)		11,320		2,291,797
Hyundai Engineering & Construction Co. Ltd.		51,506		1,844,543
Hyundai Glovis Co. Ltd.		13,020		1,781,279
Hyundai Heavy Industries Holdings Co. Ltd.		35,092		1,414,910
Hyundai Mobis Co. Ltd.		45,007		8,834,982
Hyundai Motor Co.		94,817		15,282,500
Hyundai Steel Co.		59,725		1,972,602
Iljin Materials Co. Ltd.		16,131		1,303,707
Industrial Bank of Korea^(b)		172,630		1,498,827
Kakao Corp.^(b)		211,975		15,311,308
Kakao Games Corp.^(b)		20,946		1,177,098
KakaoBank Corp.^(a)(b)		63,976		2,222,583
Kangwon Land Inc.^(b)		66,788		1,404,276
KB Financial Group Inc.		269,434		13,353,061
Kia Corp.		179,440		12,511,582
Korea Aerospace Industries Ltd.		50,940		1,531,514
Korea Electric Power Corp.^(b)		171,241		2,944,350
Korea Investment Holdings Co. Ltd.		28,591		1,753,182
Korea Shipbuilding & Offshore Engineering Co. Ltd.^(b)		26,889		1,817,759
Korea Zinc Co. Ltd.		5,943		2,528,021
Korean Air Lines Co. Ltd.^(b)		118,870		2,870,415
Krafton Inc.^(a)(b)		14,999		3,475,239
KT&G Corp.^(b)		76,040		4,911,867
Kumho Petrochemical Co. Ltd.		12,737		1,581,216
L&F Co. Ltd.^(b)		15,852		2,342,844
LG Chem Ltd.		31,132		16,688,629
LG Corp.		59,155		3,658,232
LG Display Co. Ltd.		154,267		2,594,394
LG Electronics Inc.		72,456		7,871,800
LG Household & Health Care Ltd.		6,226		5,064,525
LG Innotek Co. Ltd.		9,622		2,892,849
LG Uplus Corp.		144,613		1,575,796
Lotte Chemical Corp.		11,605		1,908,359
Lotte Shopping Co. Ltd.		6,792		456,510
Meritz Securities Co. Ltd.^(a)		203,760		1,038,449
Mirae Asset Securities Co. Ltd.		198,666		1,423,085
NAVER Corp.		83,489		22,052,832
NCSoft Corp.		11,039		4,973,782
Netmarble Corp.^(c)		14,999		1,388,753
NH Investment & Securities Co. Ltd.		85,183		816,768
Orion Corp./Republic of Korea		16,414		1,343,095
Pan Ocean Co. Ltd.		203,477		849,299
Pearl Abyss Corp.^(a)(b)		20,661		1,648,298


Security	Shares		Value

South Korea (continued)
POSCO		50,097	$	11,206,369
POSCO Chemical Co. Ltd.		21,510		2,022,103
S-1 Corp.		11,603		649,884
Samsung Biologics Co. Ltd.^(b)(c)		11,322		7,009,213
Samsung C&T Corp.		56,048		5,070,528
Samsung Electro-Mechanics Co. Ltd.		37,089		5,642,644
Samsung Electronics Co. Ltd.		3,232,992		201,089,123
Samsung Engineering Co. Ltd.^(b)		110,380		2,019,798
Samsung Fire & Marine Insurance Co. Ltd.		21,225		3,547,786
Samsung Heavy Industries Co. Ltd.^(b)		426,292		1,852,916
Samsung Life Insurance Co. Ltd.		48,110		2,436,717
Samsung SDI Co. Ltd.		37,356		18,539,175
Samsung SDS Co. Ltd.^(a)		22,078		2,620,766
Samsung Securities Co. Ltd.		43,317		1,462,610
SD Biosensor Inc.^(b)		24,633		1,236,248
Seegene Inc.		24,621		1,111,060
Shin Poong Pharmaceutical Co. Ltd.^(a)		22,074		446,727
Shinhan Financial Group Co. Ltd.		299,167		9,582,069
SK Biopharmaceuticals Co. Ltd.^(b)		15,848		1,011,669
SK Bioscience Co. Ltd.^(b)		15,282		2,091,688
SK Chemicals Co. Ltd.		7,926		839,034
SK Hynix Inc.		368,749		38,168,380
SK IE Technology Co. Ltd.^(b)(c)		11,958		1,173,978
SK Inc.		28,308		5,240,356
SK Innovation Co. Ltd.^(b)		34,809		6,388,425
SK Square Co. Ltd.^(b)		14,156		645,857
SK Telecom Co. Ltd.		23,218		1,105,063
SKC Co. Ltd.		14,716		1,771,658
S-Oil Corp.		32,262		2,449,119
Woori Financial Group Inc.		310,973		3,825,704
Yuhan Corp.		35,962		1,704,980


				589,714,899

Taiwan — 18.3%
Accton Technology Corp.		338,000		3,263,950
Acer Inc.		1,698,830		1,761,822
Advantech Co. Ltd.		283,413		3,928,190
Airtac International Group		115,109		4,041,365
ASE Technology Holding Co. Ltd.		2,264,110		8,246,095
Asia Cement Corp.		1,981,448		3,174,635
ASMedia Technology Inc.		20,000		1,153,208
Asustek Computer Inc.		486,100		6,355,022
AU Optronics Corp.		5,379,580		3,999,327
Catcher Technology Co. Ltd.		569,000		3,206,214
Cathay Financial Holding Co. Ltd.		5,377,357		12,473,029
Chailease Holding Co. Ltd.		897,007		8,227,649
Chang Hwa Commercial Bank Ltd.		3,113,814		1,993,070
Cheng Shin Rubber Industry Co. Ltd.		1,132,303		1,423,471
China Development Financial Holding Corp.		10,445,763		6,968,053
China Steel Corp.		7,926,484		9,700,494
Chunghwa Telecom Co. Ltd.		2,547,110		10,825,268
Compal Electronics Inc.		2,508,000		2,293,534
CTBC Financial Holding Co. Ltd.		12,169,456		12,234,066
Delta Electronics Inc.		1,415,000		13,959,602
E.Sun Financial Holding Co. Ltd.		7,641,727		8,035,967
Eclat Textile Co. Ltd.		134,208		2,977,333
eMemory Technology Inc.		41,000		2,393,581
Evergreen Marine Corp. Taiwan Ltd.		1,758,942		7,462,714
Far Eastern New Century Corp.		1,415,040		1,482,359
Far EasTone Telecommunications Co. Ltd.		810,000		1,898,523
Feng TAY Enterprise Co. Ltd.		283,340		2,323,719


Security	Shares		Value

Taiwan (continued)
First Financial Holding Co. Ltd.		6,509,345	$	5,927,534
Formosa Chemicals & Fibre Corp.		2,264,740		6,492,036
Formosa Petrochemical Corp.		849,000		2,962,985
Formosa Plastics Corp.		2,547,400		9,767,930
Foxconn Technology Co. Ltd.		566,666		1,248,282
Fubon Financial Holding Co. Ltd.		5,094,156		14,057,395
Giant Manufacturing Co. Ltd.		283,000		3,277,792
Globalwafers Co. Ltd.		158,000		4,509,167
Hiwin Technologies Corp.		208,165		2,015,511
Hon Hai Precision Industry Co. Ltd.		8,451,516		31,599,599
Hotai Motor Co. Ltd.		210,000		4,598,994
Hua Nan Financial Holdings Co. Ltd.		5,377,130		4,260,605
Innolux Corp.		6,226,981		3,911,239
Inventec Corp.		1,698,460		1,557,924
Largan Precision Co. Ltd.		72,000		5,335,523
Lite-On Technology Corp.		1,415,371		3,268,947
MediaTek Inc.		1,020,391		40,529,104
Mega Financial Holding Co. Ltd.		7,641,827		10,227,653
Micro-Star International Co. Ltd.		566,000		3,165,856
momo.com Inc.		35,000		1,430,202
Nan Ya Plastics Corp.		3,396,000		10,723,698
Nan Ya Printed Circuit Board Corp.		137,000		2,405,764
Nanya Technology Corp.		851,000		2,260,693
Nien Made Enterprise Co. Ltd.		68,000		959,138
Novatek Microelectronics Corp.		433,000		7,614,845
Oneness Biotech Co. Ltd.^(b)		151,000		1,297,512
Parade Technologies Ltd.		49,000		3,617,632
Pegatron Corp.		1,415,000		3,556,873
Pou Chen Corp.		1,415,000		1,645,079
President Chain Store Corp.		428,000		4,087,879
Quanta Computer Inc.		1,698,000		5,747,199
Realtek Semiconductor Corp.		283,642		5,502,695
Ruentex Development Co. Ltd.		695,851		1,620,296
Shanghai Commercial & Savings Bank Ltd. (The)		2,266,088		3,823,111
Shin Kong Financial Holding Co. Ltd.		8,209,143		3,309,182
SinoPac Financial Holdings Co. Ltd.		6,792,925		4,064,303
Synnex Technology International Corp.		849,950		2,093,157
Taishin Financial Holding Co. Ltd.		6,794,627		4,859,068
Taiwan Cement Corp.		3,396,071		5,775,790
Taiwan Cooperative Financial Holding Co. Ltd.		6,511,467		6,247,496
Taiwan High Speed Rail Corp.		1,132,000		1,166,082
Taiwan Mobile Co. Ltd.		1,132,000		4,068,866
Taiwan Semiconductor Manufacturing Co. Ltd.		16,699,670		386,129,544
Unimicron Technology Corp.		849,000		6,364,734
Uni-President Enterprises Corp.		3,074,694		7,535,984
United Microelectronics Corp.		8,207,000		17,146,879
Vanguard International Semiconductor Corp.		568,000		2,739,979
Voltronic Power Technology Corp.		39,000		2,009,877
Wan Hai Lines Ltd.		313,500		1,718,542
Win Semiconductors Corp.		285,000		3,530,663
Winbond Electronics Corp.		2,264,000		2,526,870
Wistron Corp.		1,417,169		1,610,847
Wiwynn Corp.		55,000		2,016,223
WPG Holdings Ltd.		851,100		1,677,899
Yageo Corp.		283,217		4,826,798
Yang Ming Marine Transport Corp.^(b)		1,160,000		4,296,539
Yuanta Financial Holding Co. Ltd.		5,943,418		5,464,551
Zhen Ding Technology Holding Ltd.		566,097		1,951,412


				843,940,237


Security	Shares		Value


Thailand — 1.9%
Advanced Info Service PCL, NVDR		759,400	$	5,044,345
Airports of Thailand PCL, NVDR^(a)(b)		2,830,200		5,451,406
Asset World Corp. PCL, NVDR^(b)		6,254,300		927,759
B Grimm Power PCL, NVDR^(a)		594,300		637,224
Bangkok Commercial Asset Management PCL, NVDR		1,301,800		802,140
Bangkok Dusit Medical Services PCL, NVDR		6,311,700		4,262,456
Bangkok Expressway & Metro PCL, NVDR^(a)		5,065,700		1,253,049
Berli Jucker PCL, NVDR		849,000		815,826
BTS Group Holdings PCL, NVDR		5,424,100		1,505,023
Bumrungrad Hospital PCL, NVDR		311,300		1,325,928
Carabao Group PCL, NVDR^(a)		198,100		608,131
Central Pattana PCL, NVDR		1,415,600		2,326,604
Central Retail Corp. PCL, NVDR		1,273,774		1,308,140
Charoen Pokphand Foods PCL, NVDR^(a)		2,575,900		1,963,229
CP ALL PCL, NVDR		3,878,100		7,351,759
Delta Electronics Thailand PCL, NVDR		226,400		2,398,154
Electricity Generating PCL, NVDR		198,100		1,015,606
Energy Absolute PCL, NVDR		1,047,500		2,825,027
Global Power Synergy PCL, NVDR		476,400		1,128,226
Gulf Energy Development PCL, NVDR		2,009,500		2,982,317
Home Product Center PCL, NVDR		4,217,343		1,799,819
Indorama Ventures PCL, NVDR^(a)		1,216,900		1,753,244
Intouch Holdings PCL, NVDR		758,625		1,757,226
Krung Thai Bank PCL, NVDR		1,896,175		803,679
Krungthai Card PCL, NVDR^(a)		650,900		1,182,761
Land & Houses PCL, NVDR		4,612,900		1,362,664
Minor International PCL, NVDR^(b)		2,264,020		2,092,743
Muangthai Capital PCL, NVDR		537,700		914,652
Osotspa PCL, NVDR		707,500		688,214
PTT Exploration & Production PCL, NVDR		962,484		3,777,573
PTT Global Chemical PCL, NVDR		1,585,276		2,718,657
PTT Oil & Retail Business PCL, NVDR		2,122,500		1,579,534
PTT PCL, NVDR		6,876,900		8,119,010
Ratch Group PCL, NVDR		396,200		531,193
SCG Packaging PCL, NVDR		877,300		1,650,851
Siam Cement PCL (The), NVDR		505,500		5,871,872
Siam Commercial Bank PCL (The), NVDR		594,300		2,259,119
Sri Trang Gloves Thailand PCL, NVDR^(a)		707,500		616,234
Srisawad Corp. PCL, NVDR		566,000		1,030,771
Thai Oil PCL, NVDR		849,000		1,353,059
Thai Union Group PCL, NVDR		2,065,900		1,299,302
True Corp. PCL, NVDR		7,499,590		1,091,847


				90,186,373


Total Common Stocks — 98.8% (Cost: $3,862,341,635)				4,560,957,031


Preferred Stocks

South Korea — 0.8%
Hyundai Motor Co.
Preference Shares, NVS		14,433		1,142,644


Security	Shares		Value


South Korea (continued)
Series 2, Preference Shares, NVS		24,621	$	2,002,164
LG Chem Ltd., Preference Shares, NVS		5,377		1,364,957
LG Household & Health Care Ltd., Preference Shares, NVS		1,415		648,658
Samsung Electronics Co. Ltd., Preference Shares, NVS		559,003		31,442,386


				36,600,809


Total Preferred Stocks — 0.8% (Cost: $13,912,143)				36,600,809


Rights

China — 0.0%
Citic Securities Co. Ltd. (Expires 02/23/22)^(b)		191,025		75,459


South Korea — 0.0%
Doosan Heavy Industries & Construction Co. Ltd. (Expires 02/11/22)^(a)(b)		25,042		35,314


Total Rights — 0.0% (Cost: $0)				110,773


Short-Term Investments

Money Market Funds — 1.7%
BlackRock Cash Funds: Institutional, SL Agency Shares, 0.08%^(e)(f)(g)		63,529,076		63,548,135
BlackRock Cash Funds: Treasury, SL Agency Shares, 0.00%^(e)(f)		16,350,000		16,350,000


			79,898,135


Total Short-Term Investments — 1.7% (Cost: $79,869,837)				79,898,135


Total Investments in Securities — 101.3% (Cost: $3,956,123,615)				4,677,566,748

Other Assets, Less Liabilities — (1.3)%				(60,534,868	)


Net Assets — 100.0%			$	4,617,031,880

^(a)	All or a portion of this security is on loan.

^(b)	Non-income producing security.

^(c)	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.

^(d)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.

^(e)	Affiliate of the Fund.

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

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

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

For the period ended January 31, 2022, the effect of derivative financial instruments in the Statements of Operations was as follows:

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


Security	Shares		Value

Common Stocks

Austria — 1.1%
Erste Group Bank AG		352,315	$	16,467,408
Raiffeisen Bank International AG		151,527		4,259,006


				20,726,414

Belgium — 2.6%
Ageas SA/NV		176,166		8,479,671
Groupe Bruxelles Lambert SA		115,719		12,416,983
KBC Group NV		256,045		22,268,066
Sofina SA		15,659		6,234,598


				49,399,318

Denmark — 1.2%
Danske Bank A/S		706,715		13,718,211
Tryg A/S		368,922		8,741,905


				22,460,116

Finland — 3.4%
Nordea Bank Abp		3,312,984		39,350,570
Sampo OYJ, Class A		511,141		25,369,370


				64,719,940

France — 11.0%
Amundi SA^(a)		62,420		4,852,300
AXA SA		1,983,506		62,819,609
BNP Paribas SA		1,151,353		82,194,381
CNP Assurances		175,918		4,330,251
Credit Agricole SA		1,267,375		19,066,953
Eurazeo SE		40,420		3,211,706
Societe Generale SA		830,753		30,837,827
Wendel SE		27,532		2,990,425


				210,303,452

Germany — 12.5%
Allianz SE, Registered		422,065		108,366,251
Commerzbank AG^(b)		1,026,702		8,865,882
Deutsche Bank AG, Registered^(b)		2,118,138		29,491,941
Deutsche Boerse AG		194,662		34,601,636
Hannover Rueck SE		61,637		12,434,780
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen, Registered		143,501		45,430,250


				239,190,740

Italy — 7.0%
Assicurazioni Generali SpA		1,142,113		24,035,478
FinecoBank Banca Fineco SpA		550,008		9,246,880
Intesa Sanpaolo SpA		16,971,702		50,437,157
Mediobanca Banca di Credito Finanziario SpA		636,445		7,291,505
Poste Italiane SpA^(a)		534,520		7,174,648
UniCredit SpA		2,194,261		34,874,301


				133,059,969

Netherlands — 5.8%
ABN AMRO Bank NV, CVA^(a)		431,848		6,930,754
Aegon NV		1,831,544		10,332,644
Euronext NV^(a)		87,611		8,446,777
EXOR NV		111,000		9,307,453
ING Groep NV		4,001,137		59,173,221
NN Group NV		276,883		15,494,961


				109,685,810

Norway — 1.4%
DNB Bank ASA		953,273		22,688,081
Gjensidige Forsikring ASA		204,780		5,002,055


				27,690,136


Security	Shares		Value

Spain — 6.3%
Banco Bilbao Vizcaya Argentaria SA		6,833,707	$	43,630,691
Banco Santander SA		17,744,239		62,221,983
CaixaBank SA		4,543,605		14,618,503


				120,471,177

Sweden — 7.4%
EQT AB		303,129		11,878,576
Industrivarden AB, Class A		136,721		4,322,013
Industrivarden AB, Class C		163,591		5,081,231
Investor AB		510,893		11,622,446
Investor AB, Class B		1,867,204		40,540,595
Kinnevik AB, Class B^(b)		248,074		7,414,588
L E Lundbergforetagen AB, Class B		77,777		3,974,136
Skandinaviska Enskilda Banken AB, Class A		1,667,894		21,560,599
Svenska Handelsbanken AB, Class A		1,494,652		15,929,337
Swedbank AB, Class A		927,995		18,168,479


				140,492,000

Switzerland — 14.5%
Baloise Holding AG, Registered		47,307		8,287,071
Credit Suisse Group AG, Registered		2,716,487		25,821,322
Julius Baer Group Ltd.		226,560		14,805,623
Partners Group Holding AG		23,106		32,214,331
Swiss Life Holding AG, Registered		32,172		20,706,211
Swiss Re AG		308,150		33,575,361
UBS Group AG, Registered		3,599,541		66,769,852
Zurich Insurance Group AG		154,165		73,738,390


				275,918,161

United Kingdom — 25.4%
3i Group PLC		997,310		18,573,703
Abrdn PLC		2,234,759		7,308,523
Admiral Group PLC		197,865		8,413,363
Aviva PLC		4,008,727		23,667,518
Barclays PLC		17,348,124		46,541,852
Hargreaves Lansdown PLC		364,586		6,619,321
HSBC Holdings PLC		20,918,949		148,887,240
Legal & General Group PLC		6,118,261		23,922,141
Lloyds Banking Group PLC		72,744,070		50,482,262
London Stock Exchange Group PLC		337,130		33,009,549
M&G PLC		2,664,479		7,798,174
Natwest Group PLC		5,903,150		19,402,361
Phoenix Group Holdings PLC		715,966		6,409,622
Prudential PLC		2,675,269		45,093,590
Schroders PLC		127,285		5,836,119
St. James’s Place PLC		552,996		11,415,182
Standard Chartered PLC		2,697,363		19,644,218


				483,024,738


Total Common Stocks — 99.6% (Cost: $1,872,864,695)				1,897,141,971

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

For the period ended January 31, 2022, the effect of derivative financial instruments in the Statements of Operations was as follows:

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


Security	Shares		Value

Common Stocks

Austria — 2.1%
Agrana Beteiligungs AG		2,184	$	42,300
ams-OSRAM AG^(a)		49,391		830,428
ANDRITZ AG		12,179		647,966
AT&S Austria Technologie & Systemtechnik AG		4,434		206,519
BAWAG Group AG^(a)(b)		12,841		770,655
CA Immobilien Anlagen AG		7,667		278,647
DO & CO AG^(a)		1,232		126,995
EVN AG		6,313		185,835
FACC AG^(a)(c)		3,581		31,140
IMMOFINANZ AG^(a)		13,981		362,687
Lenzing AG^(a)		2,319		284,651
Oesterreichische Post AG		6,090		255,621
Palfinger AG		2,761		94,352
Porr AG^(a)		3,173		44,773
S IMMO AG		7,663		196,386
S&T AG^(c)		8,650		158,864
Schoeller-Bleckmann Oilfield Equipment AG^(a)		1,952		82,304
Semperit AG Holding		1,944		58,968
Telekom Austria AG^(a)		29,424		254,534
UNIQA Insurance Group AG		21,156		196,100
Vienna Insurance Group AG Wiener Versicherung Gruppe		6,934		203,096
Wienerberger AG		20,748		751,223
Zumtobel Group AG		4,925		44,596


			6,108,640

Belgium — 3.4%
Ackermans & van Haaren NV		4,135		798,158
Aedifica SA		6,374		766,619
AGFA-Gevaert NV^(a)		23,366		99,142
Akka Technologies^(a)		2,211		120,799
Barco NV		12,694		262,150
Befimmo SA		3,960		148,471
Bekaert SA		6,593		306,949
bpost SA^(a)		17,944		132,463
Cie. d’Entreprises CFE		1,391		188,428
Cofinimmo SA		5,115		754,568
D’ieteren Group		3,990		695,195
Econocom Group SA/NV		23,399		93,574
Euronav NV		33,509		276,054
Fagron		11,356		195,208
Galapagos NV^(a)		8,258		556,464
Gimv NV		3,649		222,438
Immobel SA		761		67,857
Intervest Offices & Warehouses NV		3,738		114,645
Ion Beam Applications		3,582		61,199
KBC Ancora		6,351		306,034
Kinepolis Group NV^(a)		2,501		151,463
Melexis NV		3,604		377,890
Mithra Pharmaceuticals SA^(a)(c)		3,665		83,140
Montea NV		1,871		258,807
Ontex Group NV^(a)		12,207		89,392
Orange Belgium SA		2,772		60,353
Recticel SA		7,685		146,394
Retail Estates NV		1,850		148,999
Shurgard Self Storage SA		4,822		277,955
Telenet Group Holding NV		7,920		304,037
Tessenderlo Group SA^(a)		3,194		124,416
Van de Velde NV		1,026		38,033
VGP NV		1,299		368,091


Security	Shares		Value

Belgium (continued)
Warehouses De Pauw CVA		24,522	$	1,054,969
X-Fab Silicon Foundries SE^(a)(b)		10,170		99,210
Xior Student Housing NV		3,666		200,368


			9,949,932

China — 0.0%
Boshiwa International Holding Ltd.^(d)		20,000		—


Denmark — 3.1%
ALK-Abello A/S^(a)		1,186		500,812
Alm Brand A/S		153,790		291,569
Bavarian Nordic A/S^(a)(c)		11,517		338,984
Better Collective A/S^(a)		5,317		111,882
cBrain A/S		1,570		49,162
Chemometec A/S		2,786		288,851
D/S Norden A/S		4,596		104,613
Dfds A/S^(a)		6,281		306,615
Drilling Co. of 1972 A/S (The)^(a)(c)		3,689		143,894
FLSmidth & Co. A/S		9,447		318,460
H Lundbeck A/S		12,587		320,263
ISS A/S^(a)		28,224		531,747
Jyske Bank A/S, Registered^(a)		9,493		559,159
Matas A/S		6,651		111,206
Netcompany Group A/S^(b)		7,059		518,584
Nilfisk Holding A/S^(a)		4,066		143,044
NKT A/S^(a)		7,405		311,747
NNIT A/S^(b)		2,185		32,001
NTG Nordic Transport Group A/S, Class A^(a)		1,205		80,223
Per Aarsleff Holding A/S		3,396		153,018
Ringkjoebing Landbobank A/S		4,859		639,637
Royal Unibrew A/S		8,792		1,010,775
Scandinavian Tobacco Group A/S, Class A^(b)		11,353		244,738
Schouw & Co. A/S		2,199		185,974
SimCorp A/S		7,155		667,133
Solar A/S, Class B		997		106,903
Spar Nord Bank A/S		15,277		219,690
Sydbank A/S		10,745		379,272
Topdanmark A/S		8,049		460,349
Zealand Pharma A/S^(a)		6,190		120,590


			9,250,895

Finland — 3.2%
Admicom OYJ		505		43,005
Aktia Bank OYJ		10,327		133,974
Anora Group OYJ		6,090		69,102
BasWare OYJ^(a)		2,368		69,169
Cargotec OYJ, Class B		6,711		335,060
Caverion OYJ		17,299		119,662
Citycon OYJ		11,493		91,988
Finnair OYJ^(a)(c)		109,045		80,691
F-Secure OYJ		16,669		82,023
Harvia OYJ		2,491		131,661
Huhtamaki OYJ		17,479		689,087
Kamux Corp.		5,564		71,222
Kemira OYJ		19,580		287,808
Kojamo OYJ		22,102		506,708
Konecranes OYJ		10,703		430,524
Marimekko OYJ		1,098		90,434
Metsa Board OYJ, Class B		31,545		340,073
Metso Outotec OYJ		111,941		1,200,523
Musti Group OYJ		5,647		168,769
Neles OYJ		17,599		247,349


Security	Shares		Value

Finland (continued)
Nokian Renkaat OYJ		23,766	$	803,528
Oriola OYJ, Class B		15,758		38,745
Outokumpu OYJ^(a)		65,808		426,364
Puuilo OYJ^(a)		7,641		69,091
QT Group OYJ^(a)		3,121		362,303
Remedy Entertainment OYJ		1,399		55,412
Revenio Group OYJ		4,305		224,759
Rovio Entertainment OYJ^(b)		5,560		43,818
Sanoma OYJ		13,214		199,584
Spinnova OYJ^(a)		2,772		34,038
Talenom OYJ		4,549		51,682
TietoEVRY OYJ		15,512		461,583
Tokmanni Group Corp.		8,659		181,183
Uponor OYJ		9,864		218,873
Valmet OYJ		23,930		913,990
YIT OYJ		25,422		126,289


			9,400,074

France — 6.3%
AB Science SA^(a)(c)		5,173		52,418
ABC arbitrage		6,651		53,052
Air France-KLM^(a)(c)		49,980		226,173
AKWEL		1,646		40,682
Albioma SA		4,670		182,453
ALD SA^(b)		17,933		268,734
Altarea SCA^(c)		724		129,039
Alten SA		5,263		858,428
Aperam SA		8,651		487,480
Aramis Group SAS, NVS^(a)(b)(c)		3,738		52,276
Atos SE		17,832		639,223
Aubay		1,252		74,449
Believe SA, NVS^(a)		3,461		58,206
Beneteau SA^(a)		6,469		107,861
Boiron SA		820		37,282
Bonduelle SCA		2,293		53,936
Carmila SA		9,417		156,621
Casino Guichard Perrachon SA^(a)(c)		6,788		150,144
Cellectis SA^(a)(c)		5,410		34,207
CGG SA^(a)		131,677		109,611
Chargeurs SA		3,024		76,168
Cie. des Alpes^(a)		3,511		58,643
Cie. Plastic Omnium SA		10,655		247,828
Coface SA^(a)		18,504		244,807
Derichebourg SA^(a)		17,572		220,982
Elior Group SA^(a)(b)(c)		22,035		132,918
Elis SA^(a)		34,301		626,599
Eramet SA^(a)		1,613		167,187
Esker SA		958		259,067
Europcar Mobility Group^(a)(b)		541,726		307,709
Eutelsat Communications SA		31,010		384,518
Fnac Darty SA		3,111		184,645
Gaztransport Et Technigaz SA		3,969		364,123
Groupe Guillin		1,278		33,956
Guerbet		1,002		37,486
ICADE		5,494		396,702
ID Logistics Group^(a)		459		166,660
Imerys SA		6,233		286,440
Interparfums SA		3,050		231,747
IPSOS		7,027		321,086
JCDecaux SA^(a)		11,503		314,884
Kaufman & Broad SA		2,592		102,883


Security	Shares		Value

France (continued)
Korian SA		12,895	$	282,697
Lagardere SA^(a)		5,945		161,845
LISI		3,290		103,307
LNA Sante SA		923		42,711
Maisons du Monde SA^(b)		5,733		130,898
Manitou BF SA		1,738		64,630
McPhy Energy SA^(a)(c)		3,708		69,399
Mercialys SA		12,477		138,314
Mersen SA		3,278		136,713
Metropole Television SA		4,229		82,505
Neoen SA^(a)(b)(c)		6,846		243,447
Nexans SA		4,212		380,614
Nexity SA		6,915		289,543
Peugeot Invest		877		117,904
Pharmagest Interactive		672		60,717
Quadient SA		6,202		126,741
Rexel SA^(a)		44,043		981,701
Rubis SCA		16,444		532,338
SCOR SE		28,496		972,072
SES SA, Class A		68,738		528,872
SES-Imagotag SA^(a)		855		65,479
SMCP SA^(a)(b)		6,719		55,267
Societe BIC SA		4,499		256,169
SOITEC^(a)		3,871		706,721
Solutions 30 SE^(a)(c)		15,487		122,198
Sopra Steria Group SACA		2,698		474,343
SPIE SA		23,071		535,121
Technicolor SA^(a)		35,514		111,364
Television Francaise 1		7,735		73,935
Trigano SA		1,566		296,699
Vallourec SA^(a)		24,738		220,056
Valneva SE^(a)(c)		12,679		219,162
Verallia SA^(b)		13,212		414,393
Vicat SA		3,369		139,612
Vilmorin & Cie SA		1,051		59,273
Virbac SA		738		296,892
Voltalia SA^(a)		3,980		73,525


			18,506,490

Germany — 9.2%
1&1 AG		7,965		212,003
Aareal Bank AG^(c)		10,596		341,324
ABOUT YOU Holding SE, NVS^(a)		6,710		130,414
Adesso SE		491		101,380
ADLER Group SA^(b)		13,870		164,045
ADVA Optical Networking SE^(a)		7,428		124,537
AIXTRON SE		19,954		414,902
alstria office REIT-AG		28,848		630,685
Amadeus Fire AG		1,038		193,485
Atoss Software AG		725		145,362
AURELIUS Equity Opportunities SE & Co. KGaA		5,472		174,644
Aurubis AG		5,662		590,225
Basler AG		649		87,189
BayWa AG		2,594		108,992
Bertrandt AG		949		55,539
Bike24 Holding AG, NVS^(a)(c)		3,582		57,224
Bilfinger SE		5,120		178,286
Borussia Dortmund GmbH & Co. KGaA^(a)		14,216		68,924
CANCOM SE		6,878		417,474
Ceconomy AG^(a)		28,217		125,570
Cewe Stiftung & Co. KGaA		949		116,620


Security	Shares		Value

Germany (continued)
CompuGroup Medical SE & Co. KgaA		4,772	$	316,300
Corestate Capital Holding SA^(a)(c)		4,044		53,856
CropEnergies AG		4,641		63,922
CTS Eventim AG & Co. KGaA^(a)		10,380		737,886
Datagroup SE^(a)		738		71,767
Dermapharm Holding SE		3,338		269,939
Deutsche Beteiligungs AG		2,315		96,070
Deutsche EuroShop AG		8,787		164,760
Deutsche Pfandbriefbank AG^(b)		24,326		300,181
Deutz AG^(a)		21,692		148,625
DIC Asset AG		7,910		136,069
Draegerwerk AG & Co. KGaA		546		30,153
Duerr AG		9,184		406,441
Eckert & Ziegler Strahlen- und Medizintechnik AG		2,672		232,926
Elmos Semiconductor SE		1,517		94,342
ElringKlinger AG^(a)		5,407		64,330
Encavis AG		17,541		276,331
Energiekontor AG, NVS		1,150		81,346
Evotec SE^(a)		23,715		959,620
Fielmann AG		4,546		289,930
flatexDEGIRO AG^(a)		5,920		114,557
Fraport AG Frankfurt Airport Services Worldwide^(a)		6,569		448,707
Freenet AG		22,466		611,873
Gerresheimer AG		5,491		492,765
GFT Technologies SE		3,089		153,100
Global Fashion Group SA^(a)		13,486		61,621
Grand City Properties SA		18,800		414,911
GRENKE AG^(c)		4,942		156,100
Hamborner REIT AG		12,027		132,301
Hamburger Hafen und Logistik AG		5,484		117,809
Heidelberger Druckmaschinen AG^(a)		46,598		146,204
Hensoldt AG		7,291		99,341
HOCHTIEF AG		3,677		286,020
Home24 SE^(a)(c)		4,590		51,613
Hornbach Baumarkt AG^(c)		1,400		74,788
Hornbach Holding AG & Co. KGaA		1,735		265,800
Hugo Boss AG		10,778		682,770
Hypoport SE^(a)		642		283,706
Indus Holding AG		3,169		121,598
Instone Real Estate Group SE^(b)		8,303		147,748
Jenoptik AG		9,133		334,253
JOST Werke AG^(b)		2,597		129,979
K+S AG, Registered^(a)		34,468		658,047
Kloeckner & Co. SE^(a)		13,384		151,162
Koenig & Bauer AG^(a)		2,417		75,365
Krones AG		2,490		247,281
KWS Saat SE & Co. KGaA		2,030		157,743
LPKF Laser & Electronics AG		4,500		89,553
MBB SE		403		59,409
Media and Games Invest SE^(a)(c)		16,132		66,965
Medios AG^(a)		2,258		83,205
METRO AG		23,031		235,095
Mister Spex SE, NVS^(a)		2,825		32,626
MLP SE		11,952		111,475
MorphoSys AG^(a)		6,307		201,972
Nagarro SE^(a)		1,531		266,173
New Work SE		472		104,107
Nordex SE^(a)(c)		18,461		296,247
Norma Group SE		5,739		208,426
Northern Data AG^(a)(c)		868		56,425


Security	Shares		Value

Germany (continued)
OHB SE		911	$	37,445
PATRIZIA AG		7,929		172,371
Pfeiffer Vacuum Technology AG		706		139,028
PNE AG		6,848		65,057
ProSiebenSat.1 Media SE		29,372		459,405
PVA TePla AG, NVS^(a)		3,532		123,604
Rheinmetall AG		7,844		820,089
SAF-Holland SE^(a)		8,202		103,427
Salzgitter AG^(a)		6,572		224,844
Secunet Security Networks AG		219		77,978
SGL Carbon SE^(a)		10,766		75,150
Siltronic AG		2,977		388,749
Sirius Real Estate Ltd.		179,746		314,178
Sixt SE^(a)		2,437		396,176
SMA Solar Technology AG		1,860		66,249
Software AG		9,162		352,787
Stabilus SA		4,389		295,562
Steico SE		953		105,935
Stratec SE		1,415		191,536
Stroeer SE & Co. KGaA		5,102		382,018
Suedzucker AG		12,768		178,762
Synlab AG, NVS^(a)		8,011		184,229
TAG Immobilien AG		25,817		681,784
Takkt AG		5,545		93,877
TeamViewer AG^(a)(b)		28,964		437,647
thyssenkrupp AG^(a)		72,710		748,308
TUI AG^(a)(c)		199,404		687,282
Varta AG^(c)		3,285		357,934
VERBIO Vereinigte BioEnergie AG		3,887		247,761
Vitesco Technologies Group AG^(a)		4,011		198,567
Vossloh AG		1,558		75,111
Wacker Chemie AG		2,827		412,573
Wacker Neuson SE		5,840		146,711
Westwing Group AG^(a)		2,098		50,371
Wuestenrot & Wuerttembergische AG		4,186		88,360
Zeal Network SE^(a)		2,456		104,711


			27,148,034

Hong Kong — 0.0%
China Hongxing Sports Ltd.^(d)		198,000		2
Peace Mark Holdings Ltd.^(d)		30,000		—
Untrade Real Gold Mining^(d)		27,000		—


			2

Ireland — 1.4%
AIB Group PLC^(a)		145,765		385,008
Bank of Ireland Group PLC^(a)		174,814		1,178,224
C&C Group PLC^(a)		70,741		210,639
Cairn Homes PLC^(a)		122,424		171,371
Dalata Hotel Group PLC^(a)		36,785		175,223
Glanbia PLC		36,075		495,494
Glenveagh Properties PLC^(a)(b)		124,384		170,738
Grafton Group PLC		39,993		628,635
Greencore Group PLC^(a)		96,957		161,041
Hibernia REIT PLC		117,122		167,290
Irish Residential Properties REIT PLC		77,676		146,082
Origin Enterprises PLC		22,069		84,298
Uniphar PLC^(a)		40,499		178,355


			4,152,398

Israel — 0.1%
Plus500 Ltd.		16,603		329,670


Security	Shares		Value

Israel (continued)
Tremor International Ltd.^(a)(c)		19,456	$	137,062


				466,732

Italy — 5.2%
A2A SpA		282,024		535,728
ACEA SpA		7,745		156,530
Anima Holding SpA^(b)		46,465		235,014
Arnoldo Mondadori Editore SpA^(a)		22,866		52,660
Ascopiave SpA		13,832		56,501
Autogrill SpA^(a)		34,886		261,972
Azimut Holding SpA		19,299		519,124
Banca Generali SpA		10,415		419,470
Banca IFIS SpA		3,936		78,993
Banca Mediolanum SpA		40,081		389,624
Banca Monte dei Paschi di Siena SpA^(a)(c)		57,553		59,497
Banca Popolare di Sondrio SCPA		81,809		344,107
Banco BPM SpA		245,522		765,429
BFF Bank SpA^(b)		30,102		230,158
Biesse SpA^(a)		2,372		61,541
Bio On SpA^(a)(c)(d)		801		—
BPER Banca		190,096		400,195
Brembo SpA		26,748		355,617
Brunello Cucinelli SpA^(a)		6,124		355,640
Buzzi Unicem SpA		17,051		356,043
Carel Industries SpA^(b)		6,416		154,471
CIR SpA-Compagnie Industriali^(a)		127,154		60,426
Credito Emiliano SpA		16,213		111,834
Danieli & C Officine Meccaniche SpA		1,606		43,684
Datalogic SpA		2,673		41,759
De’ Longhi SpA		12,020		414,228
Digital Bros. SpA		907		28,833
Digital Value SpA^(a)		637		65,987
doValue SpA^(a)(b)		10,842		94,010
El.En. SpA		7,566		122,126
Enav SpA^(a)(b)		48,817		224,293
ERG SpA		10,650		310,554
Esprinet SpA		5,419		74,292
Falck Renewables SpA		20,061		196,992
Fila SpA		3,772		38,739
Fincantieri SpA^(a)(c)		81,165		51,964
Gruppo MutuiOnline SpA		4,665		222,044
GVS SpA^(b)		12,867		144,076
Hera SpA		147,363		612,643
Illimity Bank SpA^(a)		9,447		138,230
Immobiliare Grande Distribuzione SIIQ SpA^(a)		9,647		44,910
Interpump Group SpA		12,741		786,802
Iren SpA		116,083		349,225
Italgas SpA		87,414		579,942
Italmobiliare SpA		2,312		82,713
Juventus Football Club SpA^(a)(c)		180,825		77,296
La Doria SpA		2,616		48,375
Leonardo SpA^(a)		70,656		510,333
Maire Tecnimont SpA		25,569		122,114
MARR SpA		5,609		119,441
OVS SpA^(a)(b)		39,292		109,171
Pharmanutra SpA		704		52,200
Piaggio & C SpA		27,943		89,449
Pirelli & C SpA^(b)		62,100		439,062
RAI Way SpA^(b)		18,413		104,625
Reply SpA		3,712		623,804
Saipem SpA^(a)(c)		99,554		152,279


Security	Shares		Value

Italy (continued)
Salcef SpA		3,051	$	82,652
Salvatore Ferragamo SpA^(a)		8,773		187,995
Sanlorenzo SpA/Ameglia		2,075		89,969
Saras SpA^(a)		91,751		57,545
Seco SpA, NVS^(a)(c)		5,807		45,830
Sesa SpA		1,382		249,958
Societa Cattolica Di Assicurazione SPA^(a)		8,354		53,308
SOL SpA		6,540		139,894
Tamburi Investment Partners SpA		18,333		186,657
Technogym SpA^(b)		23,594		201,362
Tinexta SpA		3,747		133,106
Tod’s SpA^(a)		1,731		93,295
Unipol Gruppo SpA		71,055		399,737
Webuild SpA^(c)		72,199		151,236
Wiit SpA, NVS		1,770		62,525
Zignago Vetro SpA		3,750		64,940


				15,276,778

Netherlands — 4.8%
Aalberts NV		17,671		1,080,230
Accell Group NV^(a)		4,585		298,395
AerCap Holdings NV^(a)		23,764		1,497,132
Alfen Beheer BV^(a)(b)(c)		3,729		278,078
AMG Advanced Metallurgical Group NV		5,433		186,978
Arcadis NV		13,112		573,979
ASR Nederland NV		24,507		1,139,468
B&S Group Sarl^(b)		5,462		44,142
Basic-Fit NV^(a)(b)(c)		8,846		422,019
BE Semiconductor Industries NV		11,856		994,106
Boskalis Westminster		14,080		398,603
Brunel International NV		4,018		49,373
Cementir Holding NV		8,108		71,486
CM.Com NV^(a)		2,246		61,193
Corbion NV		10,669		445,468
COSMO Pharmaceuticals NV^(a)		1,600		99,195
Eurocommercial Properties NV		7,740		187,172
Fastned BV^(a)(c)		740		38,960
Flow Traders^(b)		5,869		227,631
ForFarmers NV		6,407		29,145
Fugro NV^(a)		18,687		149,429
Intertrust NV^(a)(b)		16,230		352,815
Iveco Group NV, NVS^(a)		36,492		388,241
Koninklijke BAM Groep NV^(a)		47,414		158,313
Koninklijke Vopak NV		12,460		427,514
Meltwater Holding BV^(a)		23,670		61,920
MFE-MediaForEurope NV^(a)		54,816		45,448
MFE-MediaForEurope NV		54,816		69,947
NSI NV		3,634		150,691
OCI NV^(a)		16,478		450,968
Pharming Group NV^(a)(c)		114,845		105,521
PostNL NV		86,973		372,568
Rhi Magnesita NV		5,136		236,896
SBM Offshore NV		27,061		428,276
Shop Apotheke Europe NV^(a)(b)(c)		2,369		307,998
SIF Holding NV		2,113		25,391
Signify NV^(b)		23,081		1,222,575
Sligro Food Group NV^(a)		4,379		111,711
Technip Energies NV^(a)		19,137		292,825
TKH Group NV		7,302		421,355
TomTom NV^(a)(c)		11,375		108,704
Van Lanschot Kempen NV		5,592		140,869


Security	Shares		Value

Netherlands (continued)
Vastned Retail NV		2,041	$	57,132
Wereldhave NV		6,041		92,816


				14,302,676

Norway — 4.3%
Aker ASA, Class A		4,635		396,496
Aker Carbon Capture ASA^(a)		49,865		111,325
Aker Horizons Holding AS^(a)		21,023		47,229
Aker Solutions ASA^(a)		44,153		115,492
Atea ASA^(a)		14,649		248,091
Atlantic Sapphire ASA^(a)(c)		13,904		57,720
Austevoll Seafood ASA		15,944		211,162
Bakkafrost P/F		9,053		624,100
Bonheur ASA		3,344		117,075
Borregaard ASA		16,992		399,655
BW Energy Ltd.^(a)		13,210		34,257
BW LPG Ltd.^(b)		14,144		76,298
BW Offshore Ltd.		18,743		57,335
Crayon Group Holding ASA^(a)(b)		9,829		189,993
DNO ASA		81,466		119,615
Elkem ASA^(b)		52,008		189,695
Elopak ASA, NVS^(a)		21,819		55,391
Entra ASA^(b)		11,482		252,387
Europris ASA^(b)		28,613		213,715
Fjordkraft Holding ASA^(b)		18,227		77,718
Flex LNG Ltd.		5,482		108,312
Frontline Ltd./Bermuda^(a)		16,474		108,448
Golden Ocean Group Ltd.		24,092		219,498
Grieg Seafood ASA^(a)		9,133		94,423
Hafnia Ltd.^(a)(c)		12,816		23,430
Hexagon Composites ASA^(a)		20,687		63,784
Hexagon Purus ASA^(a)(c)		9,316		18,234
Kahoot! ASA^(a)(c)		46,812		187,949
Kongsberg Gruppen ASA		16,108		488,170
Leroy Seafood Group ASA		53,645		447,161
LINK Mobility Group Holding ASA^(a)		29,510		45,302
MPC Container Ships AS, NVS^(a)		47,971		162,873
NEL ASA^(a)(c)		257,505		349,628
Nordic Semiconductor ASA^(a)		31,241		925,668
Norway Royal Salmon ASA		1,633		35,436
Norwegian Air Shuttle ASA^(a)(c)		108,532		147,901
Nykode Therapeutics AS^(a)		23,227		147,291
Pexip Holding ASA^(a)(c)		13,060		50,251
Protector Forsikring ASA		9,928		132,242
Quantafuel ASA^(a)(c)		20,973		49,087
REC Silicon ASA^(a)(c)		53,839		94,537
Salmar ASA		10,477		714,356
Sbanken ASA^(b)		14,315		151,294
Scatec ASA^(b)		21,459		316,950
Selvaag Bolig ASA		7,307		43,006
SpareBank 1 Nord Norge		17,254		217,276
Sparebank 1 Oestlandet		7,152		118,757
SpareBank 1 SMN		23,389		387,345
SpareBank 1 SR-Bank ASA		31,195		466,129
Stolt-Nielsen Ltd.		4,746		85,939
Storebrand ASA		84,234		898,050
TGS ASA		21,047		226,622
Tomra Systems ASA		21,108		1,055,296
Veidekke ASA		18,911		282,665
Volue ASA^(a)		8,348		49,746
Wallenius Wilhelmsen ASA^(a)		18,273		98,700


Security	Shares		Value

Norway (continued)
XXL ASA^(b)		25,574	$	39,853


				12,646,358

Portugal — 0.4%
Altri SGPS SA		12,669		81,029
Banco Comercial Portugues SA, Class R^(a)		1,512,285		256,989
Corticeira Amorim SGPS SA		6,596		75,857
CTT-Correios de Portugal SA		18,744		91,569
Navigator Co. SA (The)		39,131		147,623
NOS SGPS SA		37,271		146,720
REN - Redes Energeticas Nacionais SGPS SA		68,875		196,377
Semapa-Sociedade de Investimento e Gestao		2,925		39,209
Sonae SGPS SA		158,471		182,083


				1,217,456

Singapore — 0.0%
Jurong Technologies Industrial Corp. Ltd.^(d)		60,000		—


Spain — 3.7%
Acciona SA		4,449		774,949
Acerinox SA		29,067		370,407
Almirall SA		13,379		172,204
Applus Services SA		24,836		218,194
Atresmedia Corp. de Medios de Comunicacion SA		15,775		61,346
Audax Renovables SA^(c)		18,575		26,088
Banco de Sabadell SA^(a)		990,410		770,295
Bankinter SA		120,879		708,860
Befesa SA^(b)		7,174		506,464
Cia. de Distribucion Integral Logista Holdings SA		11,515		232,972
Cie. Automotive SA		8,949		259,943
Construcciones y Auxiliar de Ferrocarriles SA		3,407		134,835
Corp Financiera Alba SA		3,127		184,016
Distribuidora Internacional de Alimentacion SA^(a)		2,430,617		42,746
Ebro Foods SA		12,346		228,580
eDreams ODIGEO SA^(a)		11,044		97,032
Ence Energia y Celulosa SA^(a)		27,399		73,509
Faes Farma SA		55,913		215,206
Fluidra SA		15,852		504,761
Gestamp Automocion SA^(b)		31,234		140,713
Global Dominion Access SA^(b)		15,368		75,912
Grenergy Renovables SA^(a)		1,952		55,044
Grupo Catalana Occidente SA		7,518		253,551
Indra Sistemas SA^(a)		24,307		247,669
Inmobiliaria Colonial Socimi SA		51,599		455,642
Laboratorios Farmaceuticos Rovi SA		3,422		251,427
Lar Espana Real Estate Socimi SA		11,376		68,773
Linea Directa Aseguradora SA Cia de Segurosy Reaseguros		116,128		208,461
Mapfre SA		191,631		416,183
Mediaset Espana Comunicacion SA^(a)		29,430		137,805
Melia Hotels International SA^(a)		21,973		166,516
Merlin Properties Socimi SA		61,979		700,640
Metrovacesa SA^(b)		7,287		54,031
Miquel y Costas & Miquel SA		3,255		45,783
Neinor Homes SA^(b)		8,125		98,948
Pharma Mar SA		2,564		161,374
Prosegur Cash SA^(a)(b)		80,654		59,165
Prosegur Cia. de Seguridad SA		39,423		98,212
Sacyr SA		70,446		176,102
Solaria Energia y Medio Ambiente SA^(a)		13,468		235,349
Soltec Power Holdings SA^(a)(c)		6,589		38,789
Talgo SA^(a)(b)		13,381		71,222


Security	Shares		Value

Spain (continued)
Tecnicas Reunidas SA^(a)(c)		6,097	$	54,669
Unicaja Banco SA^(b)		227,951		233,668
Viscofan SA		7,118		431,423
Zardoya Otis SA		33,136		262,764


				10,782,242

Sweden — 12.1%
AAK AB		31,655		592,942
AcadeMedia AB^(b)		15,289		88,759
AddTech AB, Class B		46,075		852,334
AFRY AB		16,765		376,010
Alimak Group AB^(b)		6,224		71,224
Ambea AB^(b)		13,122		72,824
Arjo AB, Class B		38,610		385,865
Atrium Ljungberg AB, Class B		8,099		174,926
Attendo AB^(a)(b)		20,133		70,957
Avanza Bank Holding AB		22,326		706,361
Axfood AB		18,899		481,422
Bactiguard Holding AB^(a)		3,215		48,528
Beijer Alma AB		7,969		202,508
Beijer Ref AB		44,618		778,762
Betsson AB, Class B		19,298		107,977
BHG Group AB^(a)		17,497		167,718
BICO Group AB, Class B^(a)		5,995		119,699
Bilia AB, Class A		13,139		197,190
BillerudKorsnas AB		33,748		536,592
BioArctic AB^(a)(b)		5,860		67,871
BioGaia AB, Class B		2,860		155,494
Biotage AB		11,739		239,696
Bonava AB, Class B		13,556		117,319
Boozt AB^(a)(b)(c)		8,331		156,587
Bravida Holding AB^(b)		36,610		438,056
Bufab AB		4,670		176,120
Bure Equity AB		10,013		345,491
Calliditas Therapeutics AB, Class B^(a)(c)		5,035		53,284
Camurus AB^(a)(c)		5,231		74,835
Castellum AB		46,504		1,095,343
Catena AB		5,179		293,979
Cellavision AB		2,514		82,048
Cibus Nordic Real Estate AB		6,492		178,805
Cint Group AB^(a)		26,419		351,344
Clas Ohlson AB, Class B		7,216		87,454
Cloetta AB, Class B		38,895		102,937
Collector AB^(a)		11,431		44,829
Coor Service Management Holding AB^(b)		15,774		133,978
Corem Property Group AB, Class B		109,290		313,696
Creades AB, Class A		9,289		121,101
Desenio Group AB^(a)		10,117		18,621
Dios Fastigheter AB		15,116		168,274
Dometic Group AB^(b)		56,385		624,595
Duni AB^(a)		6,100		69,081
Dustin Group AB^(b)		12,404		127,373
Electrolux Professional AB, Class B^(a)		38,666		270,016
Elekta AB, Class B		65,122		666,472
Fabege AB		46,710		696,907
Fagerhult AB		14,404		89,800
Fingerprint Cards AB, Class B^(a)(c)		52,713		105,504
Fortnox AB		87,830		451,643
GARO AB		5,040		94,130
Granges AB		19,581		242,847
Hansa Biopharma AB^(a)		5,507		43,916


Security	Shares		Value

Sweden (continued)
Hemnet Group AB^(a)		7,789	$	140,483
Hexatronic Group AB		5,045		204,567
Hexpol AB		47,543		567,270
HMS Networks AB		4,466		233,244
Holmen AB, Class B		16,897		820,682
Hufvudstaden AB, Class A		20,226		288,866
Humble Group AB^(a)(c)		25,191		64,741
Implantica AG, SDR^(a)		3,499		22,101
Indutrade AB		48,637		1,209,981
Instalco AB		36,425		264,784
Intrum AB^(c)		11,735		353,289
Investment AB Oresund		4,422		67,909
INVISIO AB		7,297		93,823
Inwido AB		9,142		159,978
JM AB		9,963		377,361
Kambi Group PLC, Class B^(a)		4,502		116,718
Karo Pharma AB^(a)		9,060		58,199
K-Fast Holding AB^(a)		10,130		75,556
Kindred Group PLC		41,095		477,419
KNOW IT AB		3,895		142,268
LeoVegas AB^(b)		13,014		47,490
Lime Technologies AB		1,949		61,199
Lindab International AB		14,006		406,612
Loomis AB		13,344		342,639
Mekonomen AB^(a)		7,312		107,931
Millicom International Cellular SA, SDR^(a)		18,321		489,058
MIPS AB		4,707		467,987
Modern Times Group MTG AB, Class B^(a)		18,625		249,280
Munters Group AB^(b)		23,177		162,803
Mycronic AB		13,001		266,007
NCC AB, Class B		14,625		241,777
New Wave Group AB, Class B		7,042		107,161
Nobia AB		23,069		126,054
Nolato AB, Class B		36,008		368,985
Nordic Entertainment Group AB, Class B^(a)		13,251		513,033
Nordnet AB publ		20,261		315,769
Nyfosa AB		32,174		500,847
OX2 AB^(a)		14,727		82,283
Pandox AB^(a)		16,420		238,718
Paradox Interactive AB^(c)		6,567		136,110
Peab AB, Class B		32,796		368,629
Platzer Fastigheter Holding AB, Class B		11,030		145,493
PowerCell Sweden AB^(a)		8,399		134,111
Ratos AB, Class B		37,662		197,697
Re:NewCell AB^(a)		3,595		66,478
Resurs Holding AB^(b)		22,914		94,047
Rvrc Holding AB		7,118		70,929
Saab AB, Class B		13,218		313,452
Samhallsbyggnadsbolaget i Norden AB		164,176		990,165
Samhallsbyggnadsbolaget i Norden AB, Class D		26,534		86,675
SAS AB^(a)(c)		669,239		113,080
Scandic Hotels Group AB^(a)(b)(c)		27,340		115,350
Sdiptech AB, Class B^(a)		4,302		178,313
Sectra AB^(a)		24,246		399,375
Sedana Medical AB^(a)		11,688		93,506
SkiStar AB		7,591		116,885
SSAB AB, Class A^(a)		45,214		267,684
SSAB AB, Class B^(a)		104,526		544,222
Stillfront Group AB^(a)		55,329		269,305
Storytel AB^(a)(c)		7,477		117,935


Security	Shares		Value

Sweden (continued)
Subsea 7 SA		39,917	$	300,107
Surgical Science Sweden AB^(a)		5,949		127,592
Svolder AB, NVS		15,098		115,928
Sweco AB, Class B		35,886		504,471
SwedenCare AB^(c)		11,399		130,020
Thule Group AB^(b)		18,566		896,115
Tobii AB^(a)		16,788		58,517
Tobii Dynavox AB^(a)		16,788		45,882
Trelleborg AB, Class B		43,635		1,098,681
Troax Group AB		6,898		241,654
Vestum AB, NVS^(a)		27,250		107,582
Vimian Group AB^(a)(c)		22,961		165,359
Vitec Software Group AB		5,192		233,581
Vitrolife AB		11,457		471,139
VNV Global AB^(a)(c)		15,384		133,032
Volati AB		3,577		70,660
Wallenstam AB, Class B		29,268		460,638
Wihlborgs Fastigheter AB		24,915		515,114
Xvivo Perfusion AB^(a)		4,332		121,950


				35,784,379

Switzerland — 8.9%
Allreal Holding AG, Registered		2,573		558,292
ALSO Holding AG, Registered^(a)		1,131		318,287
APG SGA SA^(a)		205		42,033
Arbonia AG		8,944		216,252
Aryzta AG^(a)		178,102		204,457
Ascom Holding AG, Registered^(a)		5,294		69,328
Autoneum Holding AG^(a)		480		87,194
Banque Cantonale Vaudoise, Registered		5,429		448,889
Basilea Pharmaceutica AG, Registered^(a)		2,137		103,796
Belimo Holding AG, Registered		1,776		980,743
Bell Food Group AG, Registered		395		119,906
BKW AG		3,810		454,518
Bobst Group SA, Registered^(a)		1,404		119,231
Bossard Holding AG, Class A, Registered		1,020		319,794
Bucher Industries AG, Registered		1,201		552,983
Burckhardt Compression Holding AG		535		253,040
Burkhalter Holding AG		761		52,724
Bystronic AG, Registered		245		322,003
Cembra Money Bank AG		5,391		370,788
Coltene Holding AG, Registered		567		67,429
Comet Holding AG, Registered		1,247		397,814
Daetwyler Holding AG, Bearer		1,333		523,409
DKSH Holding AG		6,256		501,596
dormakaba Holding AG		518		296,605
Dufry AG, Registered^(a)		12,765		661,508
EFG International AG^(a)		17,041		130,523
Emmi AG, Registered		377		423,122
Flughafen Zurich AG, Registered^(a)		3,589		664,024
Forbo Holding AG, Registered		191		367,716
Galenica AG^(b)		9,013		636,533
Georg Fischer AG, Registered		738		1,079,190
Gurit Holding AG, Bearer		51		79,330
Helvetia Holding AG, Registered		6,687		840,800
Huber + Suhner AG, Registered		2,869		261,200
Idorsia Ltd.^(a)		19,585		456,204
Implenia AG, Registered^(a)		2,484		60,598
Inficon Holding AG, Registered		305		372,546
Interroll Holding AG, Registered		114		482,518
Intershop Holding AG		202		133,410


Security	Shares		Value

Switzerland (continued)
Kardex Holding AG, Registered		1,114	$	309,217
Komax Holding AG, Registered^(a)		662		204,193
Landis+Gyr Group AG^(a)		3,829		252,551
LEM Holding SA, Registered		81		202,671
Leonteq AG		1,776		127,673
Liechtensteinische Landesbank AG		2,280		137,541
Medacta Group SA^(a)(b)		1,250		159,715
Medartis Holding AG^(a)(b)		689		94,690
Medmix AG^(a)(b)		4,523		195,706
Metall Zug AG, Class B, Registered		33		67,841
Meyer Burger Technology AG^(a)(c)		428,370		165,787
Mobilezone Holding AG, Registered		7,112		111,142
Mobimo Holding AG, Registered		1,187		388,429
Molecular Partners AG^(a)		3,824		104,875
Montana Aerospace AG^(a)(b)		2,978		111,307
OC Oerlikon Corp. AG, Registered		33,652		326,744
Orior AG		1,133		106,131
Peach Property Group AG		1,470		91,057
PolyPeptide Group AG^(a)(b)		2,097		209,070
PSP Swiss Property AG, Registered		8,133		986,159
Relief Therapeutics Holding AG^(a)(c)		332,655		24,052
Rieter Holding AG, Registered^(a)		546		110,371
Schweiter Technologies AG, Bearer		182		241,418
Sensirion Holding AG^(a)(b)		1,607		197,030
SFS Group AG		3,008		438,861
Siegfried Holding AG, Registered		699		565,926
SIG Combibloc Group AG^(a)		57,211		1,329,234
Softwareone Holding AG^(a)		17,131		336,583
St. Galler Kantonalbank AG, Class A, Registered		534		258,046
Stadler Rail AG^(c)		9,012		428,850
Sulzer AG, Registered		3,301		315,957
Swiss Steel Holding AG, Registered^(a)		143,345		49,124
Swissquote Group Holding SA, Registered		1,645		279,841
Tecan Group AG, Registered		2,141		1,040,980
Trifork Holding AG, NVS^(a)		1,606		62,349
TX Group AG^(a)		478		75,209
u-blox Holding AG^(a)		1,306		93,127
Valiant Holding AG, Registered		2,853		288,146
Valora Holding AG, Registered^(a)		665		129,259
Vetropack Holding AG, Registered		2,148		124,633
Vontobel Holding AG, Registered		5,055		418,966
VZ Holding AG		2,550		238,585
V-ZUG Holding AG^(a)		367		45,277
Ypsomed Holding AG, Registered		568		106,170
Zehnder Group AG, Registered		1,670		152,858
Zur Rose Group AG^(a)		1,620		396,569


				26,130,253

United Kingdom — 31.0%
888 Holdings PLC		66,417		229,259
AB Dynamics PLC		2,685		51,638
Abcam PLC^(a)		38,789		696,434
Aclara Resources Inc.^(a)		1,206		1,188
Advanced Medical Solutions Group PLC		34,183		136,232
AG Barr PLC		15,971		106,323
Airtel Africa PLC^(b)		167,372		343,275
AJ Bell PLC		55,432		252,786
Alliance Pharma PLC		84,085		122,585
Alpha FX Group PLC		4,914		116,646
Alphawave IP Group PLC^(a)(c)		47,892		104,022
AO World PLC^(a)		59,054		79,898


Security	Shares		Value

United Kingdom (continued)
Argo Blockchain PLC^(a)		83,085	$	87,639
Ascential PLC^(a)		78,949		377,145
Ashmore Group PLC		83,418		319,758
ASOS PLC^(a)		12,585		377,590
Assura PLC		481,971		435,931
Aston Martin Lagonda Global Holdings PLC^(a)(b)		11,943		193,852
Atalaya Mining PLC		13,690		75,856
Auction Technology Group PLC^(a)		15,227		219,533
Avacta Group PLC^(a)(c)		46,523		53,309
Avast PLC^(b)		119,116		982,341
Avon Protection PLC		5,683		86,749
B&M European Value Retail SA		160,382		1,228,144
Babcock International Group PLC^(a)		46,074		188,729
Bakkavor Group PLC^(b)		22,292		36,756
Balfour Beatty PLC		116,423		399,090
Bank of Georgia Group PLC		7,276		143,651
Beazley PLC^(a)		109,240		725,266
Bellway PLC		21,862		841,230
Biffa PLC^(b)		55,525		254,972
Big Yellow Group PLC		31,104		624,966
Blue Prism Group PLC^(a)		14,833		251,955
BMO Commercial Property Trust Ltd.		136,873		210,956
Bodycote PLC		33,881		364,365
boohoo Group PLC^(a)(c)		182,148		264,207
Breedon Group PLC		269,300		309,665
Brewin Dolphin Holdings PLC		53,661		238,260
Bridgepoint Group PLC^(a)(b)		37,059		190,142
Britvic PLC		46,888		575,444
Burford Capital Ltd.		33,527		304,586
Bytes Technology Group PLC		38,810		243,249
Capita PLC^(a)		307,424		132,272
Capital & Counties Properties PLC		125,963		292,984
Capricorn Energy PLC^(a)		91,105		254,005
Carnival PLC^(a)		27,832		510,737
Centamin PLC		207,587		250,169
Central Asia Metals PLC		29,397		87,770
Centrica PLC^(a)		1,043,115		1,025,657
Ceres Power Holdings PLC^(a)		17,145		143,353
Chemring Group PLC		51,271		189,938
Cineworld Group PLC^(a)(c)		174,278		93,635
Civitas Social Housing PLC		110,515		143,429
Clarkson PLC		5,208		231,797
Clinigen Group PLC		22,860		280,556
Clipper Logistics PLC		14,038		127,627
Close Brothers Group PLC		26,320		457,366
CLS Holdings PLC		33,163		100,479
CMC Markets PLC^(b)		23,300		72,073
Coats Group PLC		254,194		224,914
Computacenter PLC		14,366		517,305
ContourGlobal PLC^(b)		36,625		92,012
ConvaTec Group PLC^(b)		290,069		688,660
Countryside Properties PLC^(a)(b)		86,725		361,690
Craneware PLC		5,200		132,876
Cranswick PLC		9,500		470,773
Crest Nicholson Holdings PLC		46,527		200,863
Currys PLC		195,257		281,612
Custodian REIT PLC		74,711		106,508
CVS Group PLC		12,104		321,015
Dechra Pharmaceuticals PLC		19,220		1,079,569
Deliveroo PLC^(a)(b)		125,140		262,914


Security	Shares		Value

United Kingdom (continued)
Derwent London PLC		18,163	$	839,251
Diploma PLC		22,091		829,143
Direct Line Insurance Group PLC		237,055		977,172
Diversified Energy Co. PLC		146,170		208,772
Domino’s Pizza Group PLC		73,532		385,496
dotdigital group PLC		48,462		96,391
Dr. Martens PLC		81,024		336,630
Drax Group PLC		71,208		580,136
DS Smith PLC		244,289		1,247,571
Dunelm Group PLC		21,663		390,395
easyJet PLC^(a)		54,600		461,288
Electrocomponents PLC		83,744		1,267,953
Elementis PLC^(a)		104,030		199,232
EMIS Group PLC		9,681		170,822
Empiric Student Property PLC		109,868		128,848
Energean PLC^(a)		20,739		263,160
Ergomed PLC^(a)		6,691		102,242
Essentra PLC		53,249		248,143
Eurasia Mining PLC^(a)		330,284		95,503
Euromoney Institutional Investor PLC		18,860		233,904
FD Technologies PLC^(a)(c)		4,017		87,520
Ferrexpo PLC		53,338		175,172
Fevertree Drinks PLC		18,457		529,471
Finablr PLC^(a)(b)(d)		20,497		—
Firstgroup PLC^(a)		136,031		187,342
Forterra PLC^(b)		42,260		150,614
Frasers Group PLC^(a)		36,309		360,672
Frontier Developments PLC^(a)		3,944		73,411
Funding Circle Holdings PLC^(a)(b)		30,442		39,099
Future PLC		20,314		866,419
Games Workshop Group PLC		5,910		633,657
Gamma Communications PLC		14,675		308,691
GB Group PLC		40,690		363,312
Genuit Group PLC		44,592		345,687
Genus PLC		11,610		599,298
Go-Ahead Group PLC (The)^(a)(d)		8,585		77,012
Grainger PLC		120,214		489,567
Great Portland Estates PLC		40,814		422,872
Greatland Gold PLC^(a)		721,904		133,983
Greggs PLC		17,966		651,577
Gym Group PLC (The)^(a)(b)		28,792		95,257
Halfords Group PLC		35,733		157,147
Hammerson PLC		549,595		289,729
Harbour Energy PLC^(a)		74,988		365,912
Hays PLC		301,844		588,183
Helical PLC		20,020		115,777
Helios Towers PLC^(a)		132,086		272,859
Hill & Smith Holdings PLC		14,034		284,145
Hiscox Ltd.		62,379		819,932
Hochschild Mining PLC		61,365		85,991
Home Reit PLC		101,129		158,450
HomeServe PLC		53,240		548,763
Hotel Chocolat Group PLC^(a)		9,495		60,912
Howden Joinery Group PLC		105,828		1,167,540
Hunting PLC		24,707		71,773
Ibstock PLC^(b)		72,554		194,419
Ideagen PLC		47,146		171,832
IG Design Group PLC ^(c)		15,032		19,408
IG Group Holdings PLC		68,979		759,377
IMI PLC		47,418		1,059,449


Security	Shares		Value

United Kingdom (continued)
Impax Asset Management Group PLC		15,523	$	229,639
Inchcape PLC		69,206		789,170
Indivior PLC^(a)		131,408		400,059
IntegraFin Holdings PLC		49,655		331,411
Intermediate Capital Group PLC		51,787		1,337,429
Investec PLC		125,329		715,516
IP Group PLC		176,234		231,625
IQE PLC^(a)		139,879		60,296
ITM Power PLC^(a)		77,280		286,792
ITV PLC^(a)		641,952		981,961
IWG PLC^(a)		136,038		523,951
J D Wetherspoon PLC^(a)		17,386		211,095
JET2 PLC^(a)		28,986		516,227
John Wood Group PLC^(a)		123,942		373,107
Johnson Service Group PLC^(a)		80,411		163,515
JTC PLC^(b)		23,625		249,960
Judges Scientific PLC		919		94,180
Jupiter Fund Management PLC		76,555		237,501
Just Group PLC^(a)		188,336		219,163
Kainos Group PLC		14,027		288,369
Kape Technologies PLC^(a)		19,130		95,509
Keller Group PLC		12,384		142,099
Keywords Studios PLC		12,822		434,556
Kier Group PLC^(a)		80,340		106,668
Lancashire Holdings Ltd.		43,710		323,621
Learning Technologies Group PLC		101,794		228,764
Liontrust Asset Management PLC		10,694		233,282
LondonMetric Property PLC		155,702		561,007
Luceco PLC^(b)		14,513		58,673
LXI REIT PLC		126,001		249,984
LXI REIT PLC		16,780		1,128
Man Group PLC/Jersey		251,659		657,415
Marks & Spencer Group PLC^(a)		347,487		1,028,356
Marshalls PLC		34,946		332,728
Marston’s PLC^(a)		112,839		123,376
Mediclinic International PLC^(a)		71,803		309,730
Meggitt PLC^(a)		139,122		1,405,167
Micro Focus International PLC		59,911		368,580
Mitchells & Butlers PLC^(a)		49,427		167,717
Mitie Group PLC		251,790		204,022
Moneysupermarket.com Group PLC		95,364		243,702
Moonpig Group PLC^(a)		27,859		118,370
Morgan Advanced Materials PLC		50,734		218,343
Morgan Sindall Group PLC		6,844		197,746
Naked Wines PLC^(a)(c)		10,573		74,582
National Express Group PLC^(a)		99,512		337,473
NCC Group PLC		56,220		144,646
Network International Holdings PLC^(a)(b)		83,938		296,557
Ninety One PLC		59,229		206,630
Numis Corp. PLC^(c)		13,913		60,261
On the Beach Group PLC^(a)(b)		27,698		108,351
OSB Group PLC		80,367		597,043
Oxford Biomedica PLC^(a)		10,591		120,847
Pagegroup PLC		59,168		466,876
Pantheon Resources PLC		93,883		101,576
Paragon Banking Group PLC		45,387		347,628
Patisserie Holdings PLC^(d)		7,527		—
Penno Group PLC		50,231		736,014
Petrofac Ltd.^(a)(c)		74,007		119,010
Petropavlovsk PLC^(a)		427,206		87,263


Security	Shares		Value

United Kingdom (continued)
Pets at Home Group PLC		90,025	$	516,988
Picton Property Income Ltd. (The)		92,547		128,449
Playtech PLC^(a)		55,098		432,751
Polar Capital Holdings PLC		13,417		114,137
Premier Foods PLC		109,884		174,384
Primary Health Properties PLC		239,775		465,026
Provident Financial PLC^(a)		46,361		195,283
PZ Cussons PLC		39,721		103,631
QinetiQ Group PLC		102,155		370,734
Quilter PLC^(b)		299,641		556,409
Rank Group PLC^(a)		46,555		98,301
Rathbones Group PLC		11,046		278,908
Reach PLC		53,603		188,157
Redde Northgate PLC		42,618		222,112
Redrow PLC		50,509		425,520
Regional REIT Ltd.^(b)		75,929		91,340
Renalytix PLC^(a)		8,466		54,652
Renewi PLC^(a)		14,411		129,841
Renishaw PLC		6,493		400,941
Restaurant Group PLC (The)^(a)		129,635		166,212
Restore PLC		22,794		142,549
Rightmove PLC		152,871		1,347,327
Rotork PLC		156,982		721,509
Royal Mail PLC		144,056		860,829
RWS Holdings PLC		52,373		355,000
S4 Capital PLC^(a)		48,600		339,838
Sabre Insurance Group PLC^(b)		41,976		128,149
Safestore Holdings PLC		37,938		650,461
Saga PLC^(a)		18,503		71,823
Sanne Group PLC		29,208		359,429
Savills PLC		25,578		466,101
Secure Income REIT PLC		49,828		283,667
Senior PLC^(a)		75,994		137,563
Serco Group PLC		212,687		384,730
Serica Energy PLC		30,317		105,376
Shaftesbury PLC		35,064		294,418
SIG PLC^(a)		124,137		68,818
Smart Metering Systems PLC		22,933		227,618
Softcat PLC		21,484		474,437
SolGold PLC^(a)(c)		141,059		50,669
Spectris PLC		19,948		910,300
Spire Healthcare Group PLC^(a)(b)		47,630		153,289
Spirent Communications PLC		110,145		367,834
SSP Group PLC^(a)		136,112		505,011
Stagecoach Group PLC^(a)		73,938		90,539
SThree PLC		22,762		144,531
Strix Group PLC		36,872		121,493
Synthomer PLC		60,293		297,665
Target Healthcare REIT PLC		111,673		172,709
Tate & Lyle PLC		84,359		806,915
TBC Bank Group PLC		7,591		143,949
Team17 Group PLC^(a)		18,009		171,964
Telecom Plus PLC		11,111		224,447
TI Fluid Systems PLC^(b)		41,286		132,931
TORM PLC, Class A^(a)(c)		3,789		27,099
TP ICAP Group PLC		141,123		267,528
Trainline PLC^(a)(b)		87,467		263,501
Travis Perkins PLC		40,506		821,871
Tritax Big Box REIT PLC		305,031		978,430
Trustpilot Group PLC^(a)(b)		33,327		82,984


Security	Shares		Value


United Kingdom (continued)
Tullow Oil PLC^(a)		219,346	$	148,456
Tyman PLC		35,335		178,614
UK Commercial Property REIT Ltd		138,361		153,012
Ultra Electronics Holdings PLC		12,847		504,029
UNITE Group PLC (The)		60,027		839,852
Urban Logistics REIT PLC		84,551		199,566
Vesuvius PLC		38,975		241,541
Victoria PLC^(a)		11,783		150,546
Victorian Plumbing Group PLC^(a)		20,485		28,211
Victrex PLC		15,445		430,209
Virgin Money UK PLC^(a)		233,340		603,984
Vistry Group PLC		40,031		555,018
Vivo Energy PLC^(b)		79,841		142,169
Volex PLC		19,798		80,170
Volution Group PLC		35,641		241,492
Warehouse REIT PLC		74,347		166,582
Watkin Jones PLC		37,904		135,599
Weir Group PLC (The)		46,087		1,085,168
WH Smith PLC^(a)		23,570		528,804
Wickes Group PLC		46,728		128,957
Workspace Group PLC		24,695		282,180
Yellow Cake PLC^(a)(b)		26,293		113,942
Yougov PLC		19,042		297,071
Young & Co’s Brewery PLC, Series A		4,030		81,570


				91,266,548


Total Common Stocks — 99.2% (Cost: $325,530,515)				292,389,887


Preferred Stocks

Germany — 0.4%
Draegerwerk AG & Co. KGaA, Preference Shares, NVS		1,457		84,643
Einhell Germany AG, Preference Shares, NVS		306		70,818
Jungheinrich AG, Preference Shares, NVS		8,652		369,971
Schaeffler AG, Preference Shares, NVS		22,419		166,651
Sixt SE, Preference Shares, NVS		2,908		262,739
STO SE & Co. KGaA, Preference Shares, NVS		455		114,191


				1,069,013

Italy — 0.0%
Danieli & C Officine Meccaniche SpA, Preference Shares, NVS		6,614		118,475


Total Preferred Stocks — 0.4% (Cost: $1,281,380)				1,187,488


Security	Shares		Value


Rights

Spain — 0.0%
Sacyr SA (Expires 02/02/22)^(a)(d)		78,186	$	4,568


Total Rights — 0.0% (Cost: $4,783)				4,568


Warrants

Italy — 0.0%
Webuild SpA (Expires 08/02/30)^(a)(c)		5,951		—


Total Warrants — 0.0% (Cost: $0)				—


Short-Term Investments

Money Market Funds — 3.5%
BlackRock Cash Funds: Institutional, SL Agency Shares, 0.08%^(e)(f)(g)		10,158,350		10,161,398
BlackRock Cash Funds: Treasury, SL Agency Shares, 0.00%^(e)(f)		110,000		110,000


				10,271,398


Total Short-Term Investments — 3.5% (Cost: $10,270,251)				10,271,398


Total Investments in Securities — 103.1% (Cost: $337,086,929)				303,853,341

Other Assets, Less Liabilities — (3.1)%				(9,181,561	)


Net Assets — 100.0%			$	294,671,780

^(a)	Non-income producing security.

^(b)	Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors.

^(c)	All or a portion of this security is on loan.

^(d)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.

^(e)	Affiliate of the Fund.

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

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

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

For the period ended January 31, 2022, the effect of derivative financial instruments in the Statements of Operations was as follows:

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


Security	Shares		Value

Common Stocks

Australia — 2.3%
Ampol Ltd.		19,723	$	417,792
APA Group		95,230		645,835
Aristocrat Leisure Ltd.		43,520		1,261,548
ASX Ltd.		13,137		779,136
Aurizon Holdings Ltd.		108,362		271,106
AusNet Services Ltd.		115,756		213,002
Australia & New Zealand Banking Group Ltd.		197,875		3,739,607
BHP Group Ltd.^(a)		208,550		6,688,314
BHP Group Ltd.		147,770		4,664,329
BlueScope Steel Ltd.		38,602		505,950
Brambles Ltd.		93,610		643,105
Cochlear Ltd.		4,116		564,439
Coles Group Ltd.		89,485		1,028,066
Commonwealth Bank of Australia		127,258		8,486,802
Computershare Ltd.		39,412		546,313
Crown Resorts Ltd.^(b)		29,556		254,657
CSL Ltd.		34,473		6,385,868
Dexus		77,174		561,820
Domino’s Pizza Enterprises Ltd.		4,119		303,831
Endeavour Group Ltd./Australia		91,137		407,074
Evolution Mining Ltd.		110,032		276,448
Fortescue Metals Group Ltd.		127,256		1,786,942
Glencore PLC		729,881		3,802,398
Goodman Group		119,870		1,979,261
GPT Group (The)		139,585		494,641
IDP Education Ltd.		14,789		309,125
Insurance Australia Group Ltd.		158,469		478,002
James Hardie Industries PLC		32,034		1,078,111
Lendlease Corp. Ltd.		42,692		302,112
Macquarie Group Ltd.		24,647		3,221,646
Magellan Financial Group Ltd.		8,210		109,242
Medibank Pvt Ltd.		202,786		444,359
Mirvac Group		317,733		588,811
National Australia Bank Ltd.		237,288		4,578,577
Newcrest Mining Ltd.		56,649		878,703
Northern Star Resources Ltd.		79,638		474,636
Orica Ltd.		28,735		284,693
Origin Energy Ltd.		129,721		519,079
Qantas Airways Ltd.^(b)		54,182		185,446
QBE Insurance Group Ltd.		97,714		775,814
Ramsay Health Care Ltd.		13,136		586,076
REA Group Ltd.		3,288		340,626
Reece Ltd.		21,341		329,471
Rio Tinto Ltd.		26,270		2,088,614
Rio Tinto PLC		80,462		5,671,390
Santos Ltd.		231,529		1,179,347
Scentre Group		422,012		876,158
SEEK Ltd.		22,988		476,385
Sonic Healthcare Ltd.		31,198		840,172
South32 Ltd.		355,509		978,111
Stockland		184,719		532,439
Suncorp Group Ltd.		90,309		709,277
Sydney Airport^(b)		93,600		575,277
Tabcorp Holdings Ltd.		148,606		522,139
Telstra Corp. Ltd.		312,802		869,565
Transurban Group		229,874		2,030,759
Treasury Wine Estates Ltd.		50,919		382,719
Vicinity Centres		242,205		280,790


Security	Shares		Value

Australia (continued)
Washington H Soul Pattinson & Co. Ltd.		15,600	$	302,857
Wesfarmers Ltd.		82,101		3,063,394
Westpac Banking Corp.		262,721		3,789,207
WiseTech Global Ltd.		10,678		347,776
Woodside Petroleum Ltd.		69,785		1,246,988
Woolworths Group Ltd.		83,755		2,043,158


				90,999,335

Austria — 0.1%
Erste Group Bank AG		26,278		1,228,249
OMV AG		11,493		703,422
Raiffeisen Bank International AG		9,852		276,913
Verbund AG		4,926		521,713
voestalpine AG		9,030		300,203


				3,030,500

Belgium — 0.2%
Ageas SA/NV		9,857		474,462
Anheuser-Busch InBev SA/NV		53,378		3,365,008
Elia Group SA/NV		2,464		332,504
Etablissements Franz Colruyt NV		4,926		200,093
Groupe Bruxelles Lambert SA		8,226		882,674
KBC Group NV		18,077		1,572,145
Proximus SADP		10,691		218,316
Sofina SA		832		331,259
Solvay SA		5,747		692,451
UCB SA		9,046		900,124
Umicore SA		14,780		559,506


				9,528,542

Canada — 3.7%
Agnico Eagle Mines Ltd.		17,240		823,381
Air Canada^(b)		9,853		177,194
Algonquin Power & Utilities Corp.		53,366		761,982
Alimentation Couche-Tard Inc.		59,113		2,384,238
AltaGas Ltd.		16,414		337,151
Ballard Power Systems Inc.^(a)(b)		16,424		171,327
Bank of Montreal		45,977		5,204,084
Bank of Nova Scotia (The)		88,674		6,387,123
Barrick Gold Corp.		131,355		2,514,154
Bausch Health Cos Inc.^(b)		24,630		605,505
BCE Inc.		4,941		258,099
BlackBerry Ltd.^(a)(b)		35,303		290,500
Brookfield Asset Management Inc., Class A		101,798		5,605,837
Brookfield Renewable Corp., Class A		9,030		308,944
CAE Inc.^(b)		20,525		518,312
Cameco Corp.		29,571		574,833
Canadian Apartment Properties REIT		5,748		252,819
Canadian Imperial Bank of Commerce		32,840		4,123,763
Canadian National Railway Co.		50,863		6,199,272
Canadian Natural Resources Ltd.		82,101		4,176,258
Canadian Pacific Railway Ltd.		66,502		4,757,654
Canadian Tire Corp. Ltd., Class A, NVS		3,303		476,891
Canadian Utilities Ltd., Class A, NVS		9,852		286,225
Canopy Growth Corp.^(a)(b)		14,779		118,823
CCL Industries Inc., Class B, NVS		10,677		558,229
Cenovus Energy Inc.		84,575		1,230,218
CGI Inc.^(b)		16,425		1,402,356
Constellation Software Inc.		1,638		2,821,190
Dollarama Inc.		22,169		1,143,897
Emera Inc.		18,062		855,819
Empire Co. Ltd., Class A, NVS		10,673		329,304


Security	Shares		Value

Canada (continued)
Enbridge Inc.		146,133	$	6,178,018
Fairfax Financial Holdings Ltd.		1,642		792,872
First Quantum Minerals Ltd.		37,759		930,051
FirstService Corp.		3,273		521,893
Fortis Inc.		33,665		1,599,097
Franco-Nevada Corp.		13,957		1,845,379
George Weston Ltd.		5,750		627,042
GFL Environmental Inc.		13,142		431,743
Gildan Activewear Inc.		14,778		588,260
Great-West Lifeco Inc.		21,346		666,837
Hydro One Ltd.^(c)		23,809		615,103
iA Financial Corp. Inc.		8,225		535,177
IGM Financial Inc.		15,000		527,003
Imperial Oil Ltd.		15,597		638,162
Intact Financial Corp.		13,133		1,779,410
Ivanhoe Mines Ltd., Class A^(b)		43,527		372,898
Keyera Corp.		14,787		347,936
Kinross Gold Corp.		84,563		457,025
Kirkland Lake Gold Ltd.		20,514		772,694
Lightspeed Commerce Inc.^(b)		7,378		239,481
Loblaw Companies Ltd.		12,322		950,650
Lundin Mining Corp.		47,632		396,824
Magna International Inc.		20,539		1,654,721
Manulife Financial Corp.		135,474		2,821,065
Metro Inc.		18,902		1,011,011
National Bank of Canada		24,633		1,970,795
Northland Power Inc.		13,957		404,167
Nutrien Ltd.		41,867		2,924,086
Nuvei Corp.^(b)(c)		3,301		201,179
Onex Corp.		5,762		413,899
Open Text Corp.		18,885		903,877
Pan American Silver Corp.		13,975		302,444
Parkland Corp.		10,683		284,062
Pembina Pipeline Corp.		36,944		1,173,001
Power Corp. of Canada		42,685		1,372,072
Quebecor Inc., Class B		9,852		232,979
Restaurant Brands International Inc.		20,526		1,148,093
RioCan REIT		10,673		185,811
Ritchie Bros Auctioneers Inc.		8,213		500,604
Rogers Communications Inc., Class B, NVS		27,092		1,374,048
Royal Bank of Canada		101,000		11,515,502
Saputo Inc.		21,346		478,423
Shaw Communications Inc., Class B, NVS		33,660		1,003,326
Shopify Inc., Class A^(b)		8,210		7,924,525
Sun Life Financial Inc.		41,051		2,324,872
Suncor Energy Inc.		105,916		3,026,290
TC Energy Corp.		70,611		3,646,231
Teck Resources Ltd., Class B		29,557		912,880
TELUS Corp.		32,018		753,380
TFI International Inc.		5,760		554,408
Thomson Reuters Corp.		13,128		1,409,312
TMX Group Ltd.		4,105		417,588
Toromont Industries Ltd.		5,760		486,166
Toronto-Dominion Bank (The)		128,911		10,324,847
Tourmaline Oil Corp.		22,173		790,529
Waste Connections Inc.		18,883		2,354,710
West Fraser Timber Co. Ltd.		6,557		606,928
Wheaton Precious Metals Corp.		31,202		1,257,997
WSP Global Inc.		8,225		1,096,753


				147,231,518


Security	Shares		Value

Denmark — 0.7%
Ambu A/S, Class B		11,486	$	243,376
AP Moller - Maersk A/S, Class A		226		757,157
AP Moller - Maersk A/S, Class B, NVS		417		1,497,924
Carlsberg A/S, Class B		6,576		1,064,856
Chr Hansen Holding A/S		7,390		592,644
Coloplast A/S, Class B		8,206		1,193,335
Danske Bank A/S		50,906		988,148
Demant A/S^(b)		8,226		363,946
DSV A/S		14,778		3,002,604
Genmab A/S^(b)		4,928		1,678,129
GN Store Nord A/S		9,026		546,199
Novo Nordisk A/S, Class B		119,870		11,923,259
Novozymes A/S, Class B		13,957		958,112
Orsted A/S^(c)		13,142		1,400,214
Pandora A/S		7,405		805,218
Rockwool International A/S, Class B		822		314,834
Tryg A/S		28,740		681,018
Vestas Wind Systems A/S		70,624		1,911,113


				29,922,086

Finland — 0.4%
Elisa OYJ		11,497		675,354
Fortum OYJ		33,661		916,243
Kesko OYJ, Class B		19,716		622,694
Kone OYJ, Class B		23,800		1,541,387
Neste OYJ		30,373		1,369,808
Nokia OYJ^(b)		377,652		2,252,174
Nordea Bank Abp		228,244		2,711,010
Orion OYJ, Class B		7,388		300,416
Sampo OYJ, Class A		36,953		1,834,082
Stora Enso OYJ, Class R		38,602		785,823
UPM-Kymmene OYJ		40,226		1,466,096
Wartsila OYJ Abp		31,191		385,097


				14,860,184

France — 3.4%
Accor SA^(b)		13,958		512,975
Aeroports de Paris^(b)		2,462		334,095
Air Liquide SA		33,651		5,756,314
Airbus SE^(b)		42,704		5,453,011
Alstom SA		19,705		638,831
Amundi SA^(c)		4,916		382,152
ArcelorMittal SA		50,072		1,487,340
Arkema SA		4,919		727,363
AXA SA		136,291		4,316,472
BioMerieux		3,287		385,443
BNP Paribas SA		79,653		5,686,379
Bollore SA		60,769		327,557
Bouygues SA		15,602		550,237
Bureau Veritas SA		18,883		540,287
Capgemini SE		11,510		2,587,636
Carrefour SA		41,050		781,247
Cie. de Saint-Gobain		34,472		2,332,633
Cie. Generale des Etablissements Michelin SCA		12,328		2,062,768
CNP Assurances		13,136		323,345
Covivio		4,107		342,968
Credit Agricole SA		82,934		1,247,696
Danone SA		45,157		2,815,587
Dassault Aviation SA		1,646		195,615
Dassault Systemes SE		49,258		2,382,037
Edenred		17,243		740,627


Security	Shares		Value

France (continued)
Eiffage SA		5,748	$	603,961
Electricite de France SA		30,377		292,172
Engie SA		128,897		1,982,668
EssilorLuxottica SA		20,525		3,883,031
Eurazeo SE		3,290		261,418
Eurofins Scientific SE		9,048		908,445
Faurecia SE		8,220		364,377
Gecina SA		2,463		334,210
Getlink SE		33,661		530,998
Hermes International		2,460		3,693,491
Ipsen SA		2,463		239,652
Kering SA		4,939		3,688,271
Klepierre SA		15,598		414,879
La Francaise des Jeux SAEM^(c)		6,566		271,856
Legrand SA		18,073		1,839,344
L’Oreal SA		18,062		7,715,122
LVMH Moet Hennessy Louis Vuitton SE		19,715		16,193,452
Orange SA		146,958		1,726,382
Orpea SA		168		7,376
Pernod Ricard SA		15,604		3,337,685
Publicis Groupe SA		15,609		1,057,679
Remy Cointreau SA		1,642		342,412
Renault SA^(b)		13,957		554,685
Safran SA		23,003		2,784,955
Sanofi		82,914		8,669,654
Sartorius Stedim Biotech		1,648		722,666
Schneider Electric SE		39,406		6,675,192
SEB SA		1,653		250,876
Societe Generale SA		57,472		2,133,380
Sodexo SA		6,583		612,243
Teleperformance		4,115		1,549,664
Thales SA		7,404		683,000
TotalEnergies SE		181,443		10,318,196
Ubisoft Entertainment SA^(b)		6,570		377,016
Unibail-Rodamco-Westfield^(a)(b)		8,210		625,579
Valeo		18,062		505,530
Veolia Environnement SA		49,251		1,779,181
Vinci SA		37,768		4,139,619
Vivendi SE		51,725		677,875
Wendel SE		2,463		267,522
Worldline SA/France^(b)(c)		15,607		756,474


				136,682,803

Germany — 2.5%
adidas AG		13,150		3,608,586
Allianz SE, Registered		29,558		7,589,091
Aroundtown SA		67,318		415,792
BASF SE		64,860		4,967,555
Bayer AG, Registered		69,775		4,239,100
Bayerische Motoren Werke AG		23,809		2,520,014
Bechtle AG		5,758		345,724
Beiersdorf AG		7,389		734,936
Brenntag SE		11,493		984,677
Carl Zeiss Meditec AG, Bearer		2,463		396,100
Commerzbank AG^(b)		80,458		694,779
Continental AG^(b)		7,408		718,206
Covestro AG^(c)		13,131		787,768
Daimler AG, Registered		60,745		4,847,070
Daimler Truck Holding AG^(b)		30,376		1,070,872
Delivery Hero SE^(b)(c)		11,497		887,453
Deutsche Bank AG, Registered^(b)		177,122		2,466,162


Security	Shares		Value

Germany (continued)
Deutsche Boerse AG		13,950	$	2,479,646
Deutsche Lufthansa AG, Registered^(b)		35,316		274,611
Deutsche Post AG, Registered		68,979		4,151,197
Deutsche Telekom AG, Registered		232,348		4,386,492
E.ON SE		163,379		2,253,400
Evonik Industries AG		16,420		535,681
Fresenius Medical Care AG & Co. KGaA		13,974		950,139
Fresenius SE & Co. KGaA		30,376		1,253,932
GEA Group AG		9,023		426,293
Hannover Rueck SE		4,925		993,580
HeidelbergCement AG		10,674		742,788
HelloFresh SE^(b)		13,130		874,205
Henkel AG & Co. KGaA		8,209		648,601
Infineon Technologies AG		95,252		3,955,601
KION Group AG		5,750		531,606
Knorr-Bremse AG		5,751		583,092
LANXESS AG		6,568		399,894
LEG Immobilien SE		4,940		655,334
Merck KGaA		9,037		1,981,799
MTU Aero Engines AG		4,097		871,797

Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen, Registered		9,859		3,121,211
Nemetschek SE		4,107		379,619
Puma SE		7,400		791,449
Rational AG		368		308,500
RWE AG		48,428		2,042,803
SAP SE		73,892		9,270,579
Scout24 SE^(c)		7,396		441,870
Siemens AG, Registered		54,184		8,602,853
Siemens Healthineers AG^(c)		19,710		1,266,609
Symrise AG		9,031		1,079,199
Telefonica Deutschland Holding AG		58,290		167,337
Uniper SE		6,571		297,336
United Internet AG, Registered		4,116		161,416
Volkswagen AG		2,464		713,520
Vonovia SE		54,176		3,085,636
Zalando SE^(b)(c)		16,420		1,303,221


				99,256,731

Hong Kong — 0.9%
AIA Group Ltd.		880,400		9,191,209
BOC Hong Kong Holdings Ltd.		405,500		1,565,772
Budweiser Brewing Co. APAC Ltd.^(c)		163,300		431,363
Chow Tai Fook Jewellery Group Ltd.		164,400		288,846
CK Asset Holdings Ltd.		144,336		963,502
CK Hutchison Holdings Ltd.		220,836		1,569,553
CK Infrastructure Holdings Ltd.		78,500		483,746
CLP Holdings Ltd.		138,000		1,381,035
ESR Cayman Ltd.^(b)(c)		165,600		561,500
Futu Holdings Ltd., ADR^(a)(b)		12,251		529,856
Galaxy Entertainment Group Ltd.^(b)		190,000		1,100,340
Hang Lung Properties Ltd.		145,000		309,822
Hang Seng Bank Ltd.		81,300		1,609,561
Henderson Land Development Co. Ltd.		104,523		457,099
HK Electric Investments & HK Electric Investments Ltd., Class SS		405,000		403,076
HKT Trust & HKT Ltd., Class SS		416,740		568,681
Hong Kong & China Gas Co. Ltd.		823,618		1,269,408
Hong Kong Exchanges & Clearing Ltd.		4,100		234,010
Hongkong Land Holdings Ltd.		82,200		445,188
Jardine Matheson Holdings Ltd.		18,900		1,116,290


Security	Shares		Value

Hong Kong (continued)
Link REIT		164,700	$	1,414,033
Melco Resorts & Entertainment Ltd., ADR^(b)		16,426		173,459
MTR Corp. Ltd.		147,000		795,685
New World Development Co. Ltd.		109,583		447,352
Power Assets Holdings Ltd.		131,500		808,016
Sands China Ltd.^(b)		325,200		906,805
Sino Land Co. Ltd.		240,000		310,966
SITC International Holdings Co. Ltd.		148,000		564,114
Sun Hung Kai Properties Ltd.		94,000		1,146,848
Swire Pacific Ltd., Class A		36,000		218,091
Swire Properties Ltd.		162,400		432,913
Techtronic Industries Co. Ltd.		110,393		1,821,494
WH Group Ltd.^(c)		820,000		548,588
Wharf Real Estate Investment Co. Ltd.		120,000		570,724
Xinyi Glass Holdings Ltd.		201,000		532,844


				35,171,789

Ireland — 0.7%
CRH PLC		53,367		2,678,510
Flutter Entertainment PLC, Class DI^(b)		11,510		1,751,175
Horizon Therapeutics PLC^(b)		16,414		1,531,919
Kerry Group PLC, Class A		11,509		1,450,106
Kingspan Group PLC		11,493		1,106,282
Linde PLC		36,946		11,773,951
Seagate Technology Holdings PLC		15,600		1,671,540
Smurfit Kappa Group PLC		18,897		995,978
STERIS PLC		7,390		1,658,316
Trane Technologies PLC		17,238		2,983,898


				27,601,675

Israel — 0.2%
Azrieli Group Ltd.		3,284		296,924
Bank Hapoalim BM		81,808		848,982
Bank Leumi Le-Israel BM		104,631		1,122,166
Check Point Software Technologies Ltd.^(b)		7,394		894,748
CyberArk Software Ltd.^(a)(b)		2,460		337,389
Elbit Systems Ltd.		1,648		274,529
Fiverr International Ltd.^(a)(b)		2,454		209,351
ICL Group Ltd.		52,545		475,192
Inmode Ltd.^(b)		3,298		159,062
Isracard Ltd.		—		2
Israel Discount Bank Ltd., Class A		88,668		594,594
Kornit Digital Ltd.^(a)(b)		3,286		345,227
Mizrahi Tefahot Bank Ltd.		9,046		349,695
Nice Ltd.^(b)		4,925		1,260,690
Teva Pharmaceutical Industries Ltd., ADR^(a)(b)		78,816		664,419
Wix.com Ltd.^(b)		4,115		540,587


				8,373,557

Italy — 0.6%
Amplifon SpA		9,034		384,000
Assicurazioni Generali SpA		77,177		1,624,170
Atlantia SpA^(b)		36,124		670,291
DiaSorin SpA		1,646		253,750
Enel SpA		593,583		4,568,570
Eni SpA		187,194		2,811,877
Ferrari NV		8,229		1,896,559
FinecoBank Banca Fineco SpA		2,305		38,752
Infrastrutture Wireless Italiane SpA^(c)		18,052		194,644
Intesa Sanpaolo SpA		1,207,684		3,589,042
Mediobanca Banca di Credito Finanziario SpA		46,799		536,158
Moncler SpA		13,136		843,063


Security	Shares		Value

Italy (continued)
Nexi SpA^(b)(c)		32,028	$	468,488
Poste Italiane SpA^(c)		38,587		517,938
Prysmian SpA		16,417		553,606
Recordati Industria Chimica e Farmaceutica SpA		8,209		459,872
Snam SpA		134,641		754,485
Telecom Italia SpA		642,017		302,569
Tenaris SA		34,482		420,919
Terna - Rete Elettrica Nazionale		96,875		761,187
UniCredit SpA		147,774		2,348,633


				23,998,573

Malta — 0.0%
BGP Holdings PLC^(d)		38,252		—


Netherlands — 1.7%
ABN AMRO Bank NV, CVA^(c)		33,655		540,131
Adyen NV^(b)(c)		1,639		3,335,197
Aegon NV		137,936		778,165
Akzo Nobel NV		13,143		1,360,401
Argenx SE^(b)		3,285		879,039
ASM International NV		3,291		1,130,723
ASML Holding NV		29,559		20,020,148
CNH Industrial NV		71,427		1,088,697
Davide Campari-Milano NV		43,512		546,306
Euronext NV^(c)		6,557		632,175
EXOR NV		7,404		620,832
Heineken Holding NV		8,221		720,751
Heineken NV		18,075		1,938,483
IMCD NV		4,105		706,142
ING Groep NV		271,754		4,018,998
InPost SA^(b)		14,773		119,931
JDE Peet’s NV		5,744		171,999
Just Eat Takeaway.com NV^(b)(c)		13,134		648,568
Koninklijke Ahold Delhaize NV		74,706		2,422,312
Koninklijke DSM NV		12,318		2,309,137
Koninklijke KPN NV		246,302		812,429
Koninklijke Philips NV		64,039		2,130,148
NN Group NV		18,876		1,056,341
NXP Semiconductors NV		18,887		3,880,145
Prosus NV		67,323		5,600,995
QIAGEN NV^(b)		16,432		812,271
Randstad NV		9,030		587,435
Stellantis NV		148,597		2,869,240
STMicroelectronics NV		47,607		2,238,516
Universal Music Group NV		51,725		1,277,045
Wolters Kluwer NV		19,713		2,006,361


				67,259,061

New Zealand — 0.1%
Auckland International Airport Ltd.^(b)		72,263		343,025
Fisher & Paykel Healthcare Corp. Ltd.		41,871		770,365
Mercury NZ Ltd.		50,089		184,153
Meridian Energy Ltd.		97,706		281,644
Ryman Healthcare Ltd.		27,092		177,150
Spark New Zealand Ltd.		128,897		368,405
Xero Ltd.^(b)		9,041		732,370


				2,857,112

Norway — 0.2%
Adevinta ASA^(b)		17,257		181,049
Aker BP ASA		9,033		312,986
DNB Bank ASA		64,040		1,524,164


Security	Shares		Value

Norway (continued)
Equinor ASA		64,866	$	1,788,214
Gjensidige Forsikring ASA		14,793		361,341
Mowi ASA		31,654		776,913
Norsk Hydro ASA		96,850		744,322
Orkla ASA		59,115		564,927
Schibsted ASA, Class A		4,101		121,490
Schibsted ASA, Class B		8,210		214,158
Telenor ASA		54,186		895,507
Yara International ASA		12,330		633,119


				8,118,190

Portugal — 0.0%
EDP - Energias de Portugal SA		190,476		975,068
Galp Energia SGPS SA		37,768		416,441
Jeronimo Martins SGPS SA		20,525		493,237


				1,884,746

Singapore — 0.4%
Ascendas REIT		245,777		504,050
CapitaLand Integrated Commercial Trust		329,631		475,228
Capitaland Investment Ltd/Singapore^(b)		164,200		421,316
City Developments Ltd.		1,800		9,455
DBS Group Holdings Ltd.		129,900		3,412,066
Genting Singapore Ltd.		411,300		224,752
Keppel Corp. Ltd.		83,400		351,632
Mapletree Commercial Trust		164,600		220,320
Mapletree Logistics Trust		245,343		308,769
Oversea-Chinese Banking Corp. Ltd.^(a)		246,325		2,292,858
Sea Ltd., ADR^(b)		9,855		1,481,305
Singapore Airlines Ltd.^(a)(b)		83,000		309,599
Singapore Exchange Ltd.		2,000		13,843
Singapore Technologies Engineering Ltd.		83,700		232,640
Singapore Telecommunications Ltd.		575,500		1,043,511
United Overseas Bank Ltd.		82,300		1,839,294
UOL Group Ltd.		81,000		439,261
Venture Corp. Ltd.		1,000		13,102
Wilmar International Ltd.		164,300		522,668


				14,115,669

Spain — 0.7%
ACS Actividades de Construccion y Servicios SA		14,783		373,220
Aena SME SA^(b)(c)		4,928		796,279
Amadeus IT Group SA^(b)		32,019		2,201,633
Banco Bilbao Vizcaya Argentaria SA		485,226		3,097,989
Banco Santander SA		1,232,321		4,321,259
CaixaBank SA		323,475		1,040,742
Cellnex Telecom SA^(c)		36,957		1,675,837
EDP Renovaveis SA		20,543		431,844
Enagas SA		959		20,736
Endesa SA		22,182		496,623
Ferrovial SA		37,757		1,049,213
Grifols SA		22,183		391,182
Iberdrola SA		404,756		4,640,552
Iberdrola SA		320		3,657
Industria de Diseno Textil SA		73,891		2,241,069
Naturgy Energy Group SA		13,958		441,942
Red Electrica Corp. SA		1,551		31,265
Repsol SA		104,266		1,324,971
Siemens Gamesa Renewable Energy SA^(a)(b)		17,256		373,383
Telefonica SA		361,246		1,683,973


				26,637,369


Security	Shares		Value

Sweden — 1.0%
Alfa Laval AB		24,630	$	832,031
Assa Abloy AB, Class B		67,336		1,843,800
Atlas Copco AB, Class A		49,267		2,915,918
Atlas Copco AB, Class B		28,735		1,469,588
Boliden AB		18,883		764,620
Electrolux AB, Class B		13,953		290,323
Embracer Group AB^(a)(b)		36,952		370,752
Epiroc AB, Class A		49,275		1,051,485
Epiroc AB, Class B		28,735		520,070
EQT AB		22,173		868,883
Essity AB, Class B		43,515		1,226,704
Evolution AB^(c)		12,317		1,532,446
Fastighets AB Balder, Class B^(b)		7,389		489,513
Getinge AB, Class B		16,421		641,988
H & M Hennes & Mauritz AB, Class B		51,728		1,029,948
Hexagon AB, Class B		137,112		1,849,376
Husqvarna AB, Class B		23,005		319,861
Industrivarden AB, Class A		9,043		285,867
Industrivarden AB, Class C		10,674		331,541
Investment AB Latour, Class B		10,684		332,422
Investor AB		36,116		821,613
Investor AB, Class B		131,352		2,851,905
Kinnevik AB, Class B^(b)		18,062		539,848
L E Lundbergforetagen AB, Class B		5,762		294,418
Lifco AB, Class B		16,436		385,264
Lundin Energy AB		15,617		635,110
Nibe Industrier AB, Class B		103,449		983,237
Sagax AB, Class B		11,498		335,629
Sandvik AB		79,637		2,097,202
Securitas AB, Class B		24,621		297,378
Sinch AB^(b)(c)		32,020		329,195
Skandinaviska Enskilda Banken AB, Class A		114,119		1,475,198
Skanska AB, Class B		27,093		663,314
SKF AB, Class B		29,556		647,930
Svenska Cellulosa AB SCA, Class B		41,063		715,056
Svenska Handelsbanken AB, Class A		96,055		1,023,712
Swedbank AB, Class A		66,500		1,301,951
Swedish Match AB		123,982		959,284
Tele2 AB, Class B		32,020		465,893
Telefonaktiebolaget LM Ericsson, Class B		213,459		2,665,269
Telia Co. AB		191,292		753,957
Volvo AB, Class A		14,774		337,940
Volvo AB, Class B		97,705		2,204,852


				41,752,291

Switzerland — 3.1%
ABB Ltd., Registered		118,227		4,099,140
Adecco Group AG, Registered		12,316		586,651
Alcon Inc.		33,661		2,595,553
Bachem Holding AG, Class B, Registered		811		483,771
Baloise Holding AG, Registered		3,298		577,732
Barry Callebaut AG, Registered		257		589,976
Chocoladefabriken Lindt & Spruengli AG, Participation Certificates, NVS		76		882,007
Cie. Financiere Richemont SA, Class A, Registered		36,952		5,370,374
Clariant AG, Registered		13,141		278,525
Coca-Cola HBC AG, Class DI		13,958		462,298
Credit Suisse Group AG, Registered		228,351		2,170,570
EMS-Chemie Holding AG, Registered		817		826,380
Geberit AG, Registered		2,474		1,680,910
Givaudan SA, Registered		821		3,401,341


Security	Shares		Value

Switzerland (continued)
Holcim Ltd.		38,588	$	2,091,519
Julius Baer Group Ltd.		16,420		1,073,042
Kuehne + Nagel International AG, Registered		4,107		1,159,763
Logitech International SA, Registered		13,131		1,103,392
Lonza Group AG, Registered		5,739		3,956,707
Nestle SA, Registered		202,779		26,186,532
Novartis AG, Registered		157,637		13,696,999
Partners Group Holding AG		1,642		2,289,273
Roche Holding AG, Bearer		1,653		680,699
Roche Holding AG, NVS		50,078		19,380,143
Schindler Holding AG, Participation Certificates, NVS		3,281		823,478
Schindler Holding AG, Registered		1,642		411,933
SGS SA, Registered		432		1,231,879
Siemens Energy AG^(b)		27,907		627,708
Sika AG, Registered		10,662		3,730,357
Sonova Holding AG, Registered		4,110		1,464,146
Straumann Holding AG, Registered		825		1,367,094
Swatch Group AG (The), Bearer		2,455		716,178
Swatch Group AG (The), Registered		3,286		184,460
Swiss Life Holding AG, Registered		2,467		1,587,785
Swiss Prime Site AG, Registered		6,561		648,728
Swiss Re AG		20,543		2,238,321
Swisscom AG, Registered		1,656		946,528
Temenos AG, Registered		4,926		590,454
UBS Group AG, Registered		252,872		4,690,661
VAT Group AG^(c)		1,656		675,329
Vifor Pharma AG		3,299		584,408
Zurich Insurance Group AG		10,687		5,111,680


				123,254,424

United Kingdom — 4.5%
3i Group PLC		72,252		1,345,607
Abrdn PLC		150,249		491,372
Admiral Group PLC		14,794		629,052
Amcor PLC		110,014		1,321,268
Anglo American PLC		93,609		4,126,798
Antofagasta PLC		25,466		463,261
Aptiv PLC^(b)		19,705		2,691,309
Ashtead Group PLC		32,829		2,348,192
Associated British Foods PLC		26,272		693,473
AstraZeneca PLC		110,018		12,798,167
Auto Trader Group PLC^(c)		55,836		505,965
AVEVA Group PLC		8,223		326,304
Aviva PLC		290,636		1,715,915
BAE Systems PLC		239,732		1,876,084
Barclays PLC		1,214,258		3,257,633
Barratt Developments PLC		70,621		587,357
Berkeley Group Holdings PLC		9,035		515,627
BP PLC		1,459,865		7,567,826
British American Tobacco PLC		156,403		6,677,622
British Land Co. PLC (The)		70,621		528,071
BT Group PLC		597,688		1,583,079
Bunzl PLC		25,451		953,317
Burberry Group PLC		30,376		770,607
Clarivate PLC^(b)		24,620		405,245
Coca-Cola Europacific Partners PLC		13,954		797,471
Compass Group PLC		130,528		2,966,591
Croda International PLC		10,670		1,152,338
DCC PLC		7,390		621,377
Diageo PLC		165,026		8,327,436
Entain PLC^(b)		39,411		853,222


Security	Shares		Value

United Kingdom (continued)
Evraz PLC		29,556	$	200,792
Experian PLC		64,027		2,674,272
Ferguson PLC		15,617		2,456,404
GlaxoSmithKline PLC		356,331		7,951,877
Halma PLC		27,919		946,277
Hargreaves Lansdown PLC		43,519		790,119
Hikma Pharmaceuticals PLC		14,784		415,329
HSBC Holdings PLC		1,465,488		10,430,374
Imperial Brands PLC		69,785		1,654,592
Informa PLC^(b)		116,574		881,809
InterContinental Hotels Group PLC^(b)		12,330		814,685
Intertek Group PLC		12,315		893,705
J Sainsbury PLC		114,939		451,658
JD Sports Fashion PLC		199,511		511,579
Johnson Matthey PLC		14,780		390,320
Kingfisher PLC		157,633		706,882
Land Securities Group PLC		55,830		599,639
Legal & General Group PLC		420,352		1,643,559
Lloyds Banking Group PLC		5,207,620		3,613,936
London Stock Exchange Group PLC		26,912		2,635,046
M&G PLC		194,586		569,498
Melrose Industries PLC		315,276		642,222
Mondi PLC		36,119		903,668
National Grid PLC		252,870		3,700,226
Natwest Group PLC		421,995		1,387,005
Next PLC		9,046		921,658
Ocado Group PLC^(b)		32,840		669,134
Pearson PLC		52,544		438,713
Persimmon PLC		22,182		722,678
Phoenix Group Holdings PLC		40,235		360,200
Prudential PLC		188,004		3,168,943
Reckitt Benckiser Group PLC		50,914		4,125,159
RELX PLC		137,945		4,243,241
Rentokil Initial PLC		137,920		965,817
Rolls-Royce Holdings PLC^(b)		600,150		940,723
Royalty Pharma PLC, Class A		24,632		985,526
Sage Group PLC (The)		78,818		770,208
Schroders PLC		9,030		414,033
Segro PLC		84,566		1,490,878
Sensata Technologies Holding PLC^(a)(b)		12,315		706,388
Severn Trent PLC		17,240		669,330
Shell PLC		550,913		14,152,246
Smith & Nephew PLC		64,038		1,089,092
Smiths Group PLC		28,750		605,981
Spirax-Sarco Engineering PLC		5,744		1,035,389
SSE PLC		69,777		1,501,323
St. James’s Place PLC		38,583		796,447
Standard Chartered PLC		179,806		1,309,482
Taylor Wimpey PLC		294,738		604,672
Tesco PLC		544,325		2,186,375
Unilever PLC		183,074		9,388,373
United Utilities Group PLC		48,442		698,818
Vodafone Group PLC		1,936,752		3,400,674
Whitbread PLC^(b)		14,770		607,750
WPP PLC		77,999		1,223,065


				176,955,375

United States — 72.3%
10X Genomics Inc., Class A^(a)(b)		4,944		475,959
3M Co.		41,871		6,951,423
A O Smith Corp.		8,217		627,943


Security	Shares		Value

United States (continued)
Abbott Laboratories		126,441	$	16,116,170
AbbVie Inc.		126,431		17,307,140
ABIOMED Inc.^(b)		3,284		971,637
Accenture PLC, Class A		45,158		15,966,966
Activision Blizzard Inc.		55,831		4,411,207
Adobe Inc.^(b)		34,473		18,418,924
Advance Auto Parts Inc.		4,918		1,138,566
Advanced Micro Devices Inc.^(b)		86,213		9,849,835
AES Corp. (The)		45,152		1,001,471
Affirm Holdings Inc.^(a)(b)		6,562		420,427
Aflac Inc.		46,807		2,940,416
Agilent Technologies Inc.		21,335		2,972,392
AGNC Investment Corp.		36,125		537,901
Air Products and Chemicals Inc.		15,615		4,405,304
Airbnb Inc., Class A^(b)		17,233		2,653,365
Akamai Technologies Inc.^(a)(b)		11,490		1,316,180
Albemarle Corp.		8,214		1,813,158
Alexandria Real Estate Equities Inc.		10,662		2,077,384
Align Technology Inc.^(b)		5,741		2,841,565
Alleghany Corp.^(b)		827		549,128
Allegion PLC		5,757		706,557
Alliant Energy Corp.		16,413		982,482
Allstate Corp. (The)		21,365		2,578,115
Ally Financial Inc.		27,100		1,293,212
Alnylam Pharmaceuticals Inc.^(b)		8,219		1,130,934
Alphabet Inc., Class A^(b)		21,520		58,234,626
Alphabet Inc., Class C, NVS^(b)		20,526		55,706,948
Altria Group Inc.		132,192		6,725,929
Amazon.com Inc.^(b)		32,561		97,405,255
AMC Entertainment Holdings Inc., Class A^(a)(b)		36,124		580,151
AMERCO		821		499,948
Ameren Corp.		18,062		1,602,822
American Electric Power Co. Inc.		36,124		3,265,610
American Express Co.		48,437		8,709,941
American Financial Group Inc./OH		4,124		537,275
American International Group Inc.		60,745		3,508,024
American Tower Corp.		32,032		8,056,048
American Water Works Co. Inc.		13,137		2,112,430
Ameriprise Financial Inc.		8,212		2,498,994
AmerisourceBergen Corp.		10,678		1,454,344
AMETEK Inc.		15,612		2,135,253
Amgen Inc.		40,246		9,141,476
Amphenol Corp., Class A		43,520		3,463,757
Analog Devices Inc.		38,584		6,326,618
Annaly Capital Management Inc.		107,543		849,590
ANSYS Inc.^(b)		6,565		2,232,166
Anthem Inc.		17,248		7,606,196
Aon PLC, Class A		15,614		4,316,334
Apollo Global Management Inc.		27,083		1,895,810
Apple Inc.		1,179,780		206,201,948
Applied Materials Inc.		64,046		8,849,876
Aramark		18,064		619,415
Arch Capital Group Ltd.^(b)		29,556		1,369,034
Archer-Daniels-Midland Co.		41,052		3,078,900
Arista Networks Inc.^(b)		16,420		2,041,170
Arrow Electronics Inc.^(b)		4,933		611,692
Arthur J Gallagher & Co.		13,966		2,205,790
Asana Inc., Class A^(b)		4,927		258,569
Assurant Inc.		4,114		627,426
AT&T Inc.		513,140		13,085,070


Security	Shares		Value

United States (continued)
Atmos Energy Corp.		9,866	$	1,057,833
Autodesk Inc.^(b)		15,614		3,900,221
Automatic Data Processing Inc.		30,367		6,260,764
AutoZone Inc.^(b)		1,647		3,271,518
Avalara Inc.^(b)		6,564		719,546
AvalonBay Communities Inc.		9,859		2,407,864
Avantor Inc.^(b)		37,769		1,409,917
Avery Dennison Corp.		5,752		1,181,576
Baker Hughes Co.		55,014		1,509,584
Ball Corp.		22,989		2,232,232
Bank of America Corp.		540,216		24,925,566
Bank of New York Mellon Corp. (The)		59,119		3,503,392
Bath & Body Works Inc.		17,247		967,039
Baxter International Inc.		34,496		2,947,338
Becton Dickinson and Co.		20,528		5,216,986
Bentley Systems Inc., Class B^(a)		12,321		494,935
Berkshire Hathaway Inc., Class B^(b)		94,417		29,554,409
Best Buy Co. Inc.		16,416		1,629,780
Bill.com Holdings Inc.^(b)		5,737		1,079,761
Biogen Inc.^(b)		10,678		2,413,228
BioMarin Pharmaceutical Inc.^(b)		13,135		1,164,155
Bio-Rad Laboratories Inc., Class A^(b)		1,642		984,757
Bio-Techne Corp.		2,480		933,497
Black Knight Inc.^(b)		10,691		797,549
BlackRock Inc.^(e)		10,680		8,788,999
Blackstone Inc., NVS		49,263		6,501,238
Block Inc.		296		33,767
Block Inc.^(b)		35,814		4,379,694
Boeing Co. (The)^(b)		40,234		8,056,456
Booking Holdings Inc.^(b)		2,937		7,213,654
Booz Allen Hamilton Holding Corp.		10,667		818,479
BorgWarner Inc.		18,882		827,976
Boston Properties Inc.		9,862		1,105,333
Boston Scientific Corp.^(b)		100,978		4,331,956
Bristol-Myers Squibb Co.		159,284		10,335,939
Broadcom Inc.		29,546		17,310,410
Broadridge Financial Solutions Inc.		8,225		1,309,585
Brown & Brown Inc.		15,604		1,034,233
Brown-Forman Corp., Class B, NVS		22,171		1,494,991
Bunge Ltd.		10,672		1,055,034
Burlington Stores Inc.^(b)		4,926		1,167,117
Cable One Inc.		15		23,171
Cadence Design Systems Inc.^(b)		19,704		2,997,767
Caesars Entertainment Inc.^(b)		14,793		1,126,339
Camden Property Trust		6,568		1,051,471
Campbell Soup Co.		13,151		580,222
Capital One Financial Corp.		32,023		4,698,735
Cardinal Health Inc.		21,346		1,100,813
Carlyle Group Inc. (The)		15,433		787,855
CarMax Inc.^(b)		11,502		1,278,677
Carnival Corp.^(b)		56,650		1,122,237
Carrier Global Corp.		59,936		2,857,748
Carvana Co., Class A^(a)(b)		4,941		800,738
Catalent Inc.^(b)		12,316		1,280,002
Caterpillar Inc.		39,404		7,942,270
Cboe Global Markets Inc.		9,259		1,097,469
CBRE Group Inc., Class A^(b)		23,811		2,413,007
CDW Corp./DE		9,049		1,710,713
Celanese Corp.		8,207		1,277,912
Centene Corp.^(b)		42,695		3,319,963


Security	Shares		Value

United States (continued)
CenterPoint Energy Inc.		44,334	$	1,257,312
Ceridian HCM Holding Inc.^(b)		9,855		747,206
Cerner Corp.		22,167		2,021,630
CF Industries Holdings Inc.		13,946		960,461
CH Robinson Worldwide Inc.		9,855		1,031,326
Charles River Laboratories International Inc.^(b)		3,301		1,088,538
Charles Schwab Corp. (The)		104,272		9,144,654
Charter Communications Inc., Class A^(b)		9,381		5,566,123
Cheniere Energy Inc.		18,062		2,021,138
Chevron Corp.		137,117		18,007,576
Chewy Inc., Class A^(a)(b)		5,746		273,567
Chipotle Mexican Grill Inc.^(b)		2,453		3,644,128
Chubb Ltd.		31,214		6,157,898
Church & Dwight Co. Inc.		18,066		1,854,475
Cigna Corp.		24,636		5,677,613
Cincinnati Financial Corp.		11,494		1,354,338
Cintas Corp.		6,568		2,571,569
Cisco Systems Inc.		301,309		16,773,872
Citigroup Inc.		146,128		9,515,855
Citizens Financial Group Inc.		28,752		1,479,865
Citrix Systems Inc.		8,227		838,660
Clorox Co. (The)		9,035		1,516,615
Cloudflare Inc., Class A^(b)		16,439		1,584,720
CME Group Inc.		27,190		6,240,105
CMS Energy Corp.		20,540		1,322,365
Coca-Cola Co. (The)		290,652		17,732,679
Cognex Corp.		13,125		872,288
Cognizant Technology Solutions Corp., Class A		37,768		3,226,143
Coinbase Global Inc., Class A^(b)		3,712		705,837
Colgate-Palmolive Co.		55,829		4,603,101
Comcast Corp., Class A		328,406		16,417,016
Conagra Brands Inc.		35,302		1,227,098
ConocoPhillips		96,062		8,513,014
Consolidated Edison Inc.		24,629		2,129,177
Constellation Brands Inc., Class A		12,315		2,927,891
Cooper Companies Inc. (The)		3,299		1,313,992
Copart Inc.^(b)		15,599		2,016,171
Corning Inc.		59,116		2,485,237
Corteva Inc.		50,099		2,408,760
CoStar Group Inc.^(b)		27,106		1,901,757
Costco Wholesale Corp.		32,011		16,169,716
Coterra Energy Inc.		55,825		1,222,568
Coupa Software Inc.^(b)		4,941		663,428
Crowdstrike Holdings Inc., Class A^(b)		13,951		2,520,109
Crown Castle International Corp.		30,384		5,545,384
Crown Holdings Inc.		8,217		940,025
CSX Corp.		159,293		5,451,006
Cummins Inc.		10,667		2,356,127
CVS Health Corp.		94,418		10,056,461
Danaher Corp.		45,981		13,140,910
Darden Restaurants Inc.		9,046		1,265,264
Datadog Inc., Class A^(b)		13,963		2,040,134
DaVita Inc.^(b)		4,124		446,918
Deere & Co.		21,082		7,935,265
Dell Technologies Inc., Class C^(b)		20,537		1,166,707
Delta Air Lines Inc.^(b)		10,678		423,810
DENTSPLY SIRONA Inc.		14,779		789,494
Devon Energy Corp.		43,528		2,201,211
Dexcom Inc.^(b)		7,381		3,177,373
Diamondback Energy Inc.		12,316		1,553,787


Security	Shares		Value

United States (continued)
Digital Realty Trust Inc.		20,533	$	3,064,140
Discover Financial Services		21,362		2,472,651
Discovery Inc., Class A^(a)(b)		10,673		297,883
Discovery Inc., Class C, NVS^(a)(b)		22,157		605,994
DISH Network Corp., Class A^(b)		17,244		541,462
DocuSign Inc.^(b)		13,950		1,754,491
Dollar General Corp.		17,235		3,593,153
Dollar Tree Inc.^(b)		16,427		2,155,551
Dominion Energy Inc.		56,645		4,568,986
Domino’s Pizza Inc.		2,467		1,121,622
DoorDash Inc., Class A^(b)		7,404		840,280
Dover Corp.		9,867		1,676,502
Dow Inc.		53,365		3,187,491
DR Horton Inc.		23,818		2,125,042
DraftKings Inc., Class A^(a)(b)		22,991		507,871
Dropbox Inc., Class A^(b)		21,346		528,314
DTE Energy Co.		14,769		1,778,631
Duke Energy Corp.		54,191		5,693,306
Duke Realty Corp.		27,920		1,613,218
DuPont de Nemours Inc.		36,133		2,767,788
Dynatrace Inc.^(b)		13,146		721,190
Eastman Chemical Co.		9,853		1,171,817
Eaton Corp. PLC		28,738		4,552,961
eBay Inc.		45,160		2,712,761
Ecolab Inc.		18,075		3,424,309
Edison International		26,265		1,649,179
Edwards Lifesciences Corp.^(b)		45,151		4,930,489
Elanco Animal Health Inc.^(b)		31,214		812,813
Electronic Arts Inc.		19,705		2,614,065
Eli Lilly & Co.		58,292		14,304,274
Emerson Electric Co.		42,708		3,927,001
Enphase Energy Inc.^(b)		9,027		1,268,023
Entegris Inc.		9,855		1,181,023
Entergy Corp.		14,793		1,653,414
EOG Resources Inc.		40,236		4,485,509
EPAM Systems Inc.^(b)		4,105		1,954,555
Equifax Inc.		9,030		2,165,033
Equinix Inc.		6,573		4,764,768
Equitable Holdings Inc.		24,624		828,351
Equity LifeStyle Properties Inc.		11,505		900,726
Equity Residential		23,825		2,113,992
Erie Indemnity Co., Class A, NVS		1,642		302,292
Essential Utilities Inc.		15,615		761,075
Essex Property Trust Inc.		4,116		1,368,570
Estee Lauder Companies Inc. (The), Class A		16,422		5,120,215
Etsy Inc.^(b)		9,034		1,419,061
Everest Re Group Ltd.		3,273		927,568
Evergy Inc.		17,245		1,120,235
Eversource Energy		23,825		2,132,099
Exact Sciences Corp.^(b)		11,494		877,682
Exelon Corp.		71,420		4,138,789
Expedia Group Inc.^(b)		10,664		1,954,605
Expeditors International of Washington Inc.		12,330		1,411,538
Extra Space Storage Inc.		9,851		1,952,370
Exxon Mobil Corp.		301,316		22,887,963
F5 Inc.^(b)		4,117		854,772
FactSet Research Systems Inc.		3,386		1,428,520
Fair Isaac Corp.^(b)		2,457		1,216,190
Fastenal Co.		39,409		2,233,702
FedEx Corp.		18,076		4,444,165


Security	Shares		Value

United States (continued)
Fidelity National Financial Inc.		20,536	$	1,033,988
Fidelity National Information Services Inc.		43,509		5,217,599
Fifth Third Bancorp		48,451		2,162,368
First Citizens BancShares Inc./NC, Class A		823		641,183
First Republic Bank/CA		12,315		2,137,761
FirstEnergy Corp.		37,765		1,584,619
Fiserv Inc.^(b)		41,872		4,425,870
FleetCor Technologies Inc.^(b)		5,742		1,368,089
FMC Corp.		9,856		1,087,807
Ford Motor Co.		280,797		5,700,179
Fortinet Inc.^(b)		9,850		2,927,814
Fortive Corp.		25,443		1,794,749
Fortune Brands Home & Security Inc.		9,044		851,673
Fox Corp., Class A, NVS		22,176		900,567
Fox Corp., Class B		12,317		457,946
Franklin Resources Inc.		22,987		734,894
Freeport-McMoRan Inc.		104,268		3,880,855
Garmin Ltd.		11,495		1,430,208
Gartner Inc.^(b)		5,761		1,693,100
Generac Holdings Inc.^(b)		4,920		1,389,310
General Dynamics Corp.		16,424		3,483,530
General Electric Co.		77,991		7,368,590
General Mills Inc.		44,336		3,044,996
General Motors Co.^(b)		92,776		4,892,078
Genuine Parts Co.		10,674		1,422,097
Gilead Sciences Inc.		90,312		6,202,628
Global Payments Inc.		21,347		3,199,488
Globe Life Inc.		6,582		673,339
GoDaddy Inc., Class A^(b)		13,136		994,527
Goldman Sachs Group Inc. (The)		24,948		8,848,557
Guidewire Software Inc.^(b)		5,763		581,141
Halliburton Co.		64,038		1,968,528
Hartford Financial Services Group Inc. (The)		23,001		1,653,082
Hasbro Inc.		9,867		912,500
HCA Healthcare Inc.		18,079		4,339,864
Healthpeak Properties Inc.		36,124		1,277,706
HEICO Corp.		2,463		335,929
HEICO Corp., Class A		4,931		540,931
Henry Schein Inc.^(b)		10,688		804,806
Hershey Co. (The)		9,859		1,942,913
Hess Corp.		20,525		1,894,252
Hewlett Packard Enterprise Co.		87,043		1,421,412
Hilton Worldwide Holdings Inc.^(b)		19,693		2,857,651
Hologic Inc.^(b)		18,079		1,269,869
Home Depot Inc. (The)		75,527		27,716,898
Honeywell International Inc.		49,259		10,072,480
Hormel Foods Corp.		21,358		1,013,864
Host Hotels & Resorts Inc.^(b)		54,185		939,568
Howmet Aerospace Inc.		26,275		816,890
HP Inc.		83,748		3,076,064
HubSpot Inc.^(b)		3,290		1,608,152
Humana Inc.		9,044		3,549,770
Huntington Bancshares Inc./OH		106,720		1,607,203
Huntington Ingalls Industries Inc.		3,284		614,765
IAC/InterActiveCorp.^(b)		5,761		786,607
IDEX Corp.		4,934		1,062,981
IDEXX Laboratories Inc.^(b)		6,559		3,327,381
IHS Markit Ltd.		26,276		3,068,774
Illinois Tool Works Inc.		22,179		5,188,112
Illumina Inc.^(b)		10,673		3,722,956


Security	Shares		Value

United States (continued)
Incyte Corp.^(b)		13,147	$	977,217
Ingersoll Rand Inc.		27,100		1,523,291
Insulet Corp.^(b)		4,932		1,223,136
Intel Corp.		289,816		14,148,817
Intercontinental Exchange Inc.		41,039		5,198,000
International Business Machines Corp.		64,859		8,663,217
International Flavors & Fragrances Inc.		18,069		2,383,662
International Paper Co.		25,464		1,228,638
Interpublic Group of Companies Inc. (The)		27,108		963,418
Intuit Inc.		19,702		10,939,141
Intuitive Surgical Inc.^(b)		25,453		7,233,234
Invesco Ltd.		38,460		871,504
Invitation Homes Inc.		41,890		1,758,542
IPG Photonics Corp.^(b)		2,481		383,240
IQVIA Holdings Inc.^(b)		13,148		3,219,945
Iron Mountain Inc.		20,529		942,692
Jack Henry & Associates Inc.		4,923		826,129
Jacobs Engineering Group Inc.		9,035		1,176,176
Jazz Pharmaceuticals PLC^(b)		4,105		570,226
JB Hunt Transport Services Inc.		5,764		1,109,801
JM Smucker Co. (The)		7,391		1,039,027
Johnson & Johnson		188,002		32,390,865
Johnson Controls International PLC		51,727		3,759,001
JPMorgan Chase & Co.		213,449		31,718,521
Juniper Networks Inc.		20,524		714,646
Kellogg Co.		18,885		1,189,755
Keurig Dr Pepper Inc.		50,908		1,931,959
KeyCorp.		63,223		1,584,368
Keysight Technologies Inc.^(b)		13,129		2,216,438
Kimberly-Clark Corp.		24,620		3,388,943
Kinder Morgan Inc.		146,154		2,537,233
KKR & Co. Inc.		37,764		2,687,286
KLA Corp.		10,681		4,157,793
Knight-Swift Transportation Holdings Inc.		9,854		557,539
Kraft Heinz Co. (The)		47,623		1,704,903
Kroger Co. (The)		52,548		2,290,567
L3Harris Technologies Inc.		14,773		3,091,841
Laboratory Corp. of America Holdings^(b)		7,383		2,003,451
Lam Research Corp.		10,177		6,003,616
Las Vegas Sands Corp.^(b)		25,451		1,114,754
Lear Corp.		4,109		687,518
Leidos Holdings Inc.		9,048		809,344
Lennar Corp., Class A		18,889		1,815,422
Lennox International Inc.		2,465		699,123
Liberty Broadband Corp., Class A^(b)		1,652		241,770
Liberty Broadband Corp., Class C, NVS^(b)		10,672		1,583,832
Liberty Global PLC, Class A^(b)		13,959		378,568
Liberty Global PLC, Class C, NVS^(b)		22,159		599,179
Liberty Media Corp.-Liberty Formula One, Class C, NVS^(a)(b)		14,779		890,139
Liberty Media Corp.-Liberty SiriusXM, Class A^(a)(b)		6,568		303,770
Liberty Media Corp.-Liberty SiriusXM, Class C, NVS^(b)		9,853		458,460
Lincoln National Corp.		12,310		861,454
Live Nation Entertainment Inc.^(b)		10,673		1,168,800
LKQ Corp.		18,885		1,036,598
Lockheed Martin Corp.		17,817		6,933,129
Loews Corp.		13,950		832,257
Lowe’s Companies Inc.		49,256		11,690,912
Lucid Group Inc.^(b)		28,752		845,021
Lululemon Athletica Inc.^(b)		8,224		2,744,842


Security	Shares		Value

United States (continued)
Lumen Technologies Inc.		60,773	$	751,154
Lyft Inc., Class A^(b)		18,876		727,104
LyondellBasell Industries NV, Class A		19,700		1,905,581
M&T Bank Corp.		9,034		1,530,179
Marathon Petroleum Corp.		44,345		3,181,754
Markel Corp.^(b)		830		1,023,174
MarketAxess Holdings Inc.		3,541		1,219,804
Marriott International Inc./MD, Class A^(b)		20,520		3,306,182
Marsh & McLennan Companies Inc.		36,122		5,549,784
Martin Marietta Materials Inc.		4,915		1,912,525
Marvell Technology Inc.		58,298		4,162,477
Masco Corp.		16,418		1,039,752
Masimo Corp.^(b)		3,287		722,713
Mastercard Inc., Class A		63,216		24,425,398
Match Group Inc.^(b)		18,879		2,127,663
McCormick & Co. Inc./MD, NVS		18,882		1,894,053
McDonald’s Corp.		53,362		13,844,771
McKesson Corp.		10,677		2,740,999
Medical Properties Trust Inc.		37,775		859,759
Medtronic PLC		96,058		9,941,042
MercadoLibre Inc.^(a)(b)		3,286		3,719,949
Merck & Co. Inc.		180,614		14,716,429
Meta Platforms Inc, Class A^(b)		169,948		53,237,910
MetLife Inc.		52,533		3,522,863
Mettler-Toledo International Inc.^(b)		1,642		2,418,141
MGM Resorts International		27,106		1,157,968
Microchip Technology Inc.		40,234		3,117,330
Micron Technology Inc.		80,477		6,620,843
Microsoft Corp.		509,842		158,550,665
Mid-America Apartment Communities Inc.		8,225		1,699,943
Moderna Inc.^(b)		24,636		4,171,614
Mohawk Industries Inc.^(b)		4,105		648,056
Molina Healthcare Inc.^(b)		4,109		1,193,582
Molson Coors Beverage Co., Class B		13,972		665,906
Mondelez International Inc., Class A		98,522		6,603,930
MongoDB Inc.^(b)		4,105		1,662,977
Monolithic Power Systems Inc.		3,287		1,324,431
Monster Beverage Corp.^(b)		27,914		2,420,702
Moody’s Corp.		12,637		4,334,491
Morgan Stanley		97,715		10,019,696
Mosaic Co. (The)		27,083		1,081,966
Motorola Solutions Inc.		12,313		2,855,877
MSCI Inc.		6,277		3,365,225
Nasdaq Inc.		9,464		1,696,043
NetApp Inc.		14,795		1,279,915
Netflix Inc.^(b)		32,013		13,674,033
Neurocrine Biosciences Inc.^(b)		6,571		519,240
Newell Brands Inc.		28,738		667,009
Newmont Corp.		56,651		3,465,342
News Corp., Class A, NVS		27,913		620,785
NextEra Energy Inc.		139,572		10,903,365
Nike Inc., Class B		91,129		13,493,471
NiSource Inc.		27,109		791,041
Nordson Corp.		4,097		952,716
Norfolk Southern Corp.		17,967		4,886,844
Northern Trust Corp.		16,472		1,921,294
Northrop Grumman Corp.		10,683		3,951,642
NortonLifeLock Inc.		37,784		982,762
Novavax Inc.^(a)(b)		4,934		462,316
Novocure Ltd.^(a)(b)		6,563		450,550


Security	Shares		Value

United States (continued)
NRG Energy Inc.		18,081	$	721,974
Nuance Communications Inc.^(b)		21,353		1,179,753
Nucor Corp.		21,344		2,164,282
NVIDIA Corp.		178,162		43,624,747
NVR Inc.^(b)		244		1,299,842
O’Reilly Automotive Inc.^(b)		4,929		3,212,476
Oak Street Health Inc.^(a)(b)		6,587		114,482
Occidental Petroleum Corp.		68,152		2,567,286
Okta Inc.^(b)		9,035		1,787,936
Old Dominion Freight Line Inc.		6,584		1,987,907
Omnicom Group Inc.		16,421		1,237,487
ON Semiconductor Corp.^(b)		32,016		1,888,944
ONEOK Inc.		32,843		1,992,913
Oracle Corp.		120,685		9,794,795
Otis Worldwide Corp.		30,366		2,594,167
Owens Corning		8,210		728,227
PACCAR Inc.		25,451		2,366,688
Packaging Corp. of America		6,557		987,681
Palantir Technologies Inc., Class A^(b)		110,027		1,508,470
Palo Alto Networks Inc.^(b)		7,380		3,818,412
Parker-Hannifin Corp.		9,036		2,801,250
Paychex Inc.		23,811		2,803,983
Paycom Software Inc.^(b)		4,099		1,374,395
PayPal Holdings Inc.^(b)		79,633		13,692,098
Peloton Interactive Inc., Class A^(b)		17,257		471,634
Pentair PLC		12,317		784,593
PepsiCo Inc.		98,509		17,093,282
PerkinElmer Inc.		7,400		1,274,058
Pfizer Inc.		400,658		21,110,670
PG&E Corp.^(b)		106,719		1,364,936
Philip Morris International Inc.		112,470		11,567,539
Phillips 66		32,037		2,716,417
Pinterest Inc., Class A^(b)		39,412		1,165,019
Pioneer Natural Resources Co.		16,434		3,597,238
Plug Power Inc.^(a)(b)		39,400		861,678
PNC Financial Services Group Inc. (The)		30,379		6,257,770
Pool Corp.		3,277		1,560,671
PPG Industries Inc.		17,248		2,694,138
PPL Corp.		52,554		1,559,803
Principal Financial Group Inc.		18,886		1,379,811
Procter & Gamble Co. (The)		173,235		27,795,556
Progressive Corp. (The)		41,048		4,460,276
Prologis Inc.		52,540		8,239,323
Prudential Financial Inc.		28,726		3,204,960
PTC Inc.^(b)		8,212		954,727
Public Service Enterprise Group Inc.		36,956		2,458,683
Public Storage		11,494		4,120,944
PulteGroup Inc.		19,711		1,038,573
Qorvo Inc.^(b)		8,213		1,127,481
QUALCOMM Inc.		80,464		14,142,353
Quest Diagnostics Inc.		9,030		1,219,231
Raymond James Financial Inc.		13,947		1,476,569
Raytheon Technologies Corp.		106,744		9,627,241
Realty Income Corp.		40,230		2,792,364
Regency Centers Corp.		11,509		825,771
Regeneron Pharmaceuticals Inc.^(b)		7,391		4,498,089
Regions Financial Corp.		71,429		1,638,581
Republic Services Inc.		16,420		2,096,177
ResMed Inc.		10,675		2,440,305
RingCentral Inc., Class A^(b)		4,945		872,743


Security	Shares		Value

United States (continued)
Rivian Automotive Inc., Class A^(a)(b)		12,320	$	809,917
Robert Half International Inc.		8,210		929,865
Robinhood Markets Inc., Class A^(a)(b)		13,138		185,903
Rockwell Automation Inc.		8,217		2,376,521
Roku Inc., Class A^(b)		8,224		1,349,147
Rollins Inc.		18,064		557,274
Roper Technologies Inc.		7,389		3,230,175
Ross Stores Inc.		26,275		2,568,381
Royal Caribbean Cruises Ltd.^(b)		16,430		1,278,418
RPM International Inc.		9,848		872,631
S&P Global Inc.		17,241		7,158,808
salesforce.com Inc.^(b)		69,790		16,235,248
SBA Communications Corp.		8,205		2,670,235
Schlumberger NV		100,983		3,945,406
Seagen Inc.^(a)(b)		9,859		1,326,134
Sealed Air Corp.		11,509		781,691
SEI Investments Co.		9,862		578,012
Sempra Energy		22,977		3,174,502
ServiceNow Inc.^(b)		13,965		8,180,418
Sherwin-Williams Co. (The)		18,053		5,172,365
Signature Bank/New York NY		4,117		1,254,162
Simon Property Group Inc.		22,988		3,383,834
Sirius XM Holdings Inc.^(a)		81,280		516,941
Skyworks Solutions Inc.		12,314		1,804,247
Snap Inc., Class A, NVS^(b)		76,349		2,484,396
Snap-on Inc.		3,294		685,976
Snowflake Inc., Class A^(b)		14,794		4,081,665
SoFi Technologies Inc.^(a)(b)		36,950		461,136
SolarEdge Technologies Inc.^(b)		3,303		786,841
Southern Co. (The)		76,352		5,305,700
Southwest Airlines Co.^(b)		11,493		514,427
Splunk Inc.^(b)		12,315		1,526,075
SS&C Technologies Holdings Inc.		16,432		1,312,424
Stanley Black & Decker Inc.		11,512		2,010,571
Starbucks Corp.		83,749		8,234,202
State Street Corp.		26,265		2,482,042
Steel Dynamics Inc.		13,133		729,144
Stryker Corp.		24,591		6,099,798
Sun Communities Inc.		7,408		1,399,816
Sunrun Inc.^(b)		13,138		340,668
SVB Financial Group^(b)		4,105		2,396,909
Synchrony Financial		37,780		1,609,050
Synopsys Inc.^(b)		10,677		3,315,208
Sysco Corp.		36,123		2,823,012
T-Mobile U.S. Inc.^(b)		45,159		4,884,849
T Rowe Price Group Inc.		16,421		2,535,895
Take-Two Interactive Software Inc.^(b)		8,221		1,342,818
Target Corp.		35,301		7,781,399
TE Connectivity Ltd.		22,989		3,287,657
Teladoc Health Inc.^(b)		9,858		756,207
Teledyne Technologies Inc.^(b)		3,288		1,385,662
Teleflex Inc.		3,286		1,019,284
Teradyne Inc.^(a)		11,490		1,349,271
Tesla Inc.^(b)		59,936		56,143,250
Texas Instruments Inc.		66,490		11,934,290
Textron Inc.		17,247		1,173,831
Thermo Fisher Scientific Inc.		27,921		16,230,477
TJX Companies Inc. (The)		87,029		6,263,477
Tractor Supply Co.		8,220		1,794,508
Trade Desk Inc. (The), Class A^(b)		30,382		2,112,764


Security	Shares		Value

United States (continued)
Tradeweb Markets Inc., Class A		8,205	$	695,538
TransDigm Group Inc.^(b)		4,098		2,525,147
TransUnion		13,136		1,354,584
Travelers Companies Inc. (The)		18,060		3,001,211
Trimble Inc.^(b)		18,883		1,362,597
Truist Financial Corp.		95,232		5,982,474
Twilio Inc., Class A^(b)		11,499		2,370,174
Twitter Inc.^(b)		57,480		2,156,075
Tyler Technologies Inc.^(b)		3,277		1,552,643
Tyson Foods Inc., Class A		22,167		2,014,759
U.S. Bancorp.		99,360		5,781,758
Uber Technologies Inc.^(b)		87,037		3,255,184
UDR Inc.		19,693		1,119,350
UGI Corp.		13,151		596,398
Ulta Beauty Inc.^(b)		3,299		1,199,978
Union Pacific Corp.		46,801		11,445,185
United Parcel Service Inc., Class B		51,739		10,462,143
United Rentals Inc.^(b)		4,926		1,576,911
UnitedHealth Group Inc.		67,325		31,815,775
Unity Software Inc.^(a)(b)		4,109		432,061
Universal Health Services Inc., Class B		4,918		639,635
Upstart Holdings Inc.^(b)		1,638		178,558
Vail Resorts Inc.		2,481		687,485
Valero Energy Corp.		30,376		2,520,297
Veeva Systems Inc., Class A^(b)		9,863		2,332,994
Ventas Inc.		26,289		1,393,843
VeriSign Inc.^(b)		6,576		1,428,176
Verisk Analytics Inc.		10,675		2,093,688
Verizon Communications Inc.		294,756		15,689,862
Vertex Pharmaceuticals Inc.^(b)		18,889		4,590,971
VF Corp.		24,635		1,606,448
ViacomCBS Inc., Class B, NVS		41,056		1,373,323
Viatris Inc.		88,674		1,327,450
VICI Properties Inc.		45,977		1,315,862
Visa Inc., Class A		119,873		27,111,676
Vistra Corp.		30,377		662,522
VMware Inc., Class A		14,796		1,900,990
Vornado Realty Trust		12,330		505,653
Vulcan Materials Co.		9,852		1,874,934
W R Berkley Corp.		9,867		833,762
Walmart Inc.		110,016		15,381,337
Walgreens Boots Alliance Inc.		52,541		2,614,440
Walt Disney Co. (The)^(b)		129,707		18,544,210
Waste Management Inc.		30,383		4,570,819
Waters Corp.^(b)		4,915		1,573,390
Wayfair Inc., Class A^(b)		4,944		770,868
WEC Energy Group Inc.		23,002		2,232,114
Wells Fargo & Co.		291,462		15,680,656
Welltower Inc.		30,377		2,631,560
West Pharmaceutical Services Inc.		5,742		2,257,869
Western Digital Corp.^(b)		22,990		1,189,503
Western Union Co. (The)		28,732		543,322
Westinghouse Air Brake Technologies Corp.		11,501		1,022,439
Westrock Co.		18,881		871,547
Weyerhaeuser Co.		55,018		2,224,378
Whirlpool Corp.		4,106		863,040
Williams Companies Inc. (The)		87,842		2,629,989
Willis Towers Watson PLC		9,038		2,114,530
Workday Inc., Class A^(b)		13,950		3,529,489
WP Carey Inc.		13,150		1,020,440


Security	Shares		Value


United States (continued)
WW Grainger Inc.		3,284	$	1,625,941
Wynn Resorts Ltd.^(b)		7,389		631,390
Xcel Energy Inc.		37,766		2,630,780
Xilinx Inc.		18,052		3,493,965
Xylem Inc./NY		12,319		1,293,741
Yum! Brands Inc.		21,342		2,671,378
Zebra Technologies Corp., Class A^(b)		4,104		2,089,428
Zendesk Inc.^(b)		8,221		809,851
Zillow Group Inc., Class A^(b)		4,119		205,373
Zillow Group Inc., Class C, NVS^(b)		10,680		539,126
Zimmer Biomet Holdings Inc.		14,789		1,819,343
Zoetis Inc.		33,669		6,726,730
Zoom Video Communications Inc., Class A^(b)		15,601		2,406,922
ZoomInfo Technologies Inc.^(b)		16,416		867,750
Zscaler Inc.^(b)		5,744		1,476,840


				2,872,062,883


Total Common Stocks — 99.7% (Cost: $3,858,259,265)				3,961,554,413


Preferred Stocks

Germany — 0.2%
Bayerische Motoren Werke AG, Preference Shares, NVS		4,120		356,570
Fuchs Petrolub SE, Preference Shares, NVS		4,925		212,835
Henkel AG & Co. KGaA, Preference Shares, NVS		13,141		1,074,782
Porsche Automobil Holding SE, Preference Shares, NVS		11,494		1,076,401
Sartorius AG, Preference Shares, NVS		1,654		892,957
Volkswagen AG, Preference Shares, NVS^(a)		13,155		2,739,820


				6,353,365


Total Preferred Stocks — 0.2% (Cost: $6,332,525)				6,353,365


Security	Shares		Value


Rights

Spain — 0.0%
Asc Actividades De Construccio (Expires 02/02/22)^(b)(d)		699	$	350


Total Rights — 0.0% (Cost: $375)				350


Short-Term Investments

Money Market Funds — 0.3%
BlackRock Cash Funds: Institutional, SL Agency Shares, 0.08%^(e)(f)(g)		11,703,821		11,707,332
BlackRock Cash Funds: Treasury, SL Agency Shares, 0.00%^(e)(f)		1,520,000		1,520,000


				13,227,332


Total Short-Term Investments — 0.3% (Cost: $13,226,783)				13,227,332


Total Investments in Securities — 100.2% (Cost: $3,877,818,948)				3,981,135,460

Other Assets, Less Liabilities — (0.2)%				(8,509,183	)


Net Assets — 100.0%			$	3,972,626,277

^(a)	All or a portion of this security is on loan.

^(b)	Non-income producing security.

^(c)	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.

^(d)	Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.

^(e)	Affiliate of the Fund.

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

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

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

For the period ended January 31, 2022, the effect of derivative financial instruments in the Statements of Operations was as follows:

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

^(a) Distributions for annual periods determined in accordance with U.S. federal income tax regulations.

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

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

Basis of Consolidation: The accompanying consolidated financial statements for the iShares MSCI All Country Asia ex Japan ETF includes the accounts of its subsidiary in the Republic of Mauritius, which is a wholly-owned subsidiary (the “Subsidiary”) of the Fund that invests in Indian securities. Through this investment structure, the Fund expects to obtain certain benefits under a current tax treaty between Mauritius and India. The net assets of the Subsidiary as of period end were $4, which is less than 0.1% of the Fund’s consolidated net assets. Intercompany accounts and transactions, if any, have been eliminated.

Effective August 27, 2021, MSCI All Country Asia ex Japan no longer invests in the Subsidiary. MSCI All Country Asia ex Japan transferred all of the assets of MSCI All Country Asia ex Japan’s wholly owned Mauritius Subsidiary to MSCI All Country Asia ex Japan through on-exchange transactions in India. MSCI All Country Asia ex Japan recognized a net realized gain of $297,578,994 as a result of this transaction. After the transfer, MSCI All Country Asia ex Japan began making new investments in India directly.

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.

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 January 31, 2022, 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.

The iShares MSCI All Country Asia ex Japan ETF has conducted investment activities in India through its Subsidiary and expects to obtain benefits under the Double Tax Avoidance Agreement (“DTAA”) between India and Mauritius. In order to be eligible to claim benefits under the DTAA, the Subsidiary must have commercial substance, on an annual basis, to satisfy certain tests and conditions, including the establishment and maintenance of valid tax residence in Mauritius, have the place of effective management outside of India, and related requirements. The Fund has obtained a current tax residence certificate issued by the Mauritian Revenue Authorities.

Based upon current interpretation and practice of the current tax laws in India and Mauritius and the DTAA, the Subsidiary is subject to tax in Mauritius on its net income at the rate of 15%. However, the Subsidiary is entitled to a tax credit equivalent to the higher of the actual foreign tax incurred or 80% of the Mauritius tax on its foreign source income, thus reducing its maximum effective tax rate to 3% up to June 30, 2021. After June 30, 2021, under the new tax regime and subject to meeting the necessary substance requirements as required under the Financial Services Act 2007 (as amended by the Finance Act 2018) and such guidelines issued by the Financial Services Commission (the “FSC”), the Subsidiary is entitled to either (a) a foreign tax credit equivalent to the actual foreign tax suffered on its foreign income against the Subsidiary’s tax liability computed at 15% on such income, or (b) a partial exemption of 80% of some of the income derived, including interest income or foreign source dividends. Taxes on income, if any, are paid by the Subsidiary and are disclosed in its Consolidated Statements of Operations. Any dividends paid by the Subsidiary to its Fund are not subject to tax in Mauritius. The Subsidiary is currently exempt from tax in Mauritius on any gains from the sale of securities.

The DTAA provides that capital gains will be taxable in India with respect to the sale of shares acquired on or after April 1, 2017. Capital gains arising from shares acquired before April 1, 2017, regardless of when they are sold, will continue to be exempt from taxation under the amended DTAA, assuming requirements for eligibility under the DTAA are satisfied. There can be no assurance, however, that the DTAA will remain in effect during the Subsidiary’s existence or that it will continue to enjoy its benefits on the shares acquired prior to April 1, 2017.

Segregation and Collateralization: In cases where a Fund enters into certain investments (e.g., futures contracts) that would be treated as “senior securities” for 1940 Act purposes, a Fund may segregate or designate on its books and record cash or liquid assets having a market value at least equal to the amount of its future obligations under such investments. Doing so allows the investment to be excluded from treatment as a “senior security.” Furthermore, 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 or obligations.

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 and net realized capital gains 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 character and timing of distributions are determined in accordance with U.S. federal income tax regulations, which may differ from U.S. GAAP.

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

Investment Valuation Policies: Each Fund’s investments are valued at fair value (also referred to as “market value” within the financial statements) each day that the Fund’s listing exchange is open and, for financial reporting purposes, as of the report date. U.S. GAAP defines fair value as the price a fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. Each Fund determines the fair values of its financial instruments using various independent dealers or pricing services under policies approved by the Board of Trustees of the Trust (the “Board”). 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 a policy approved by the Board as reflecting fair value. The BlackRock Global Valuation Methodologies Committee (the “Global Valuation Committee”) is the committee formed by management to develop global pricing policies and procedures and to oversee the pricing function for all financial instruments.

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

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

If events (e.g., market volatility, company announcement or a natural disaster) occur that are expected to materially affect the value of such investment, or in the event that application of these methods of valuation results in a price for an investment that is deemed not to be representative of the market value of such investment, or if a price is not available, the investment will be valued by the Global Valuation Committee, in accordance with a policy approved by the Board as reflecting fair value (“Fair Valued Investments”). The fair valuation approaches that may be used by the Global 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 Global Valuation Committee, or its delegate, 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 Global Valuation Committee, or its delegate, deems relevant and consistent with the principles of fair value measurement. The pricing of all Fair Valued Investments is subsequently reported to the Board or a committee thereof on a quarterly basis.

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

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

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Global Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds 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.

Warrants: Warrants entitle a fund to purchase a specified number of shares of common stock and are non-income producing. The purchase price and number of shares are subject to adjustment under certain conditions until the expiration date of the warrants, if any. If the price of the underlying stock does not rise above the strike price before the warrant expires, the warrant generally expires without any value and a fund will lose any amount it paid for the warrant. Thus, investments in warrants may involve more risk than investments in common stock. Warrants may trade in the same markets as their underlying stock; however, the price of the warrant does not necessarily move with the price of the underlying stock.

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 BlackRock Fund Advisors (“BFA”), the Funds’ investment adviser, or its affiliates is disclosed in the Schedule of Investments. Any non-cash collateral received cannot be sold, re-invested or pledged by the Fund, except in the event of borrower default. The securities on loan, if any, are also disclosed in each Fund’s Schedule of Investments. The market value of any securities on loan and the value of any related cash collateral are disclosed in the Statements of Assets and Liabilities.

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

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

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

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

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

Securities deposited as initial margin are designated in the Schedule of Investments and cash deposited, if any, are shown as cash pledged for futures contracts in the Statements of Assets and Liabilities. Pursuant to the contract, the Funds agree to receive from or pay to the broker an amount of cash equal to the daily fluctuation in market value of the contract (“variation margin”). Variation margin is recorded as unrealized appreciation (depreciation) and, if any, shown as variation margin receivable (or

payable) on futures contracts in the Statements of Assets and Liabilities. When the contract is closed, a realized gain or loss is recorded in the Statements of Operations equal to the difference between the notional amount of the contract at the time it was opened and the notional amount at the time it was closed. The use of futures contracts involves the risk of an imperfect correlation in the movements in the price of futures contracts and interest rates, foreign currency exchange rates or underlying assets.

Investment Advisory Fees: Pursuant to an Investment Advisory Agreement with the Trust, 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 trustees).

For its investment advisory services to the iShares MSCI ACWI ETF, BFA is entitled to an annual investment advisory fee, accrued daily and paid monthly by the Fund, based on the Fund’s allocable portion of the aggregate of the average daily net assets of the Fund and certain other iShares funds, as follows:

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

For its investment advisory services to the iShares MSCI All Country Asia ex Japan ETF, BFA is entitled to an annual investment advisory fee, accrued daily and paid monthly by the Fund, based on the Fund’s allocable portion of the aggregate of the average daily net assets of the Fund and certain other iShares funds, as follows:

The Subsidiary has entered into a separate contract with BFA under which BFA provides investment advisory services to the Subsidiary but does not receive separate compensation from the Subsidiary for providing it with such services. The Subsidiary has also entered into separate arrangements that provide for the provision of other services to the Subsidiary (including administrative, custody, transfer agency and other services), and BFA pays the costs and expenses related to the provision of those services.

Expense Waivers: A fund may incur its pro rata share of fees and expenses attributable to its investments in other investment companies (“acquired fund fees and expenses”). The total of the investment advisory fee and acquired fund fees and expenses, if any, is a fund’s total annual operating expenses. Total expenses as shown in the Statement of Operations does not include acquired fund fees and expenses.

For each of the iShares MSCI ACWI and iShares MSCI All Country Asia ex Japan ETFs, BFA has contractually agreed to waive a portion of its investment advisory fee for the Funds through November 30, 2026 in an amount equal to the acquired fund fees and expenses, if any, attributable to each Fund’s investments in other iShares funds.

For six months ended January 31, 2022, there were no fees waived by BFA pursuant to this arrangement.

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, the iShares MSCI Kokusai ETF (the “Group 1 Fund”), retains 81% 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.

Pursuant to the current securities lending agreement, each of iShares MSCI ACWI ETF, iShares MSCI ACWI Low Carbon Target ETF, iShares MSCI All Country Asia ex Japan ETF, iShares MSCI Europe Financials ETF and iShares MSCI Europe Small-Cap ETF (the “Group 2 Funds”), 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 a given calendar year exceeds a specified threshold: (1) the Group 1 Fund, pursuant to the securities lending agreement, will retain for the remainder of that calendar year 81% 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, and (2) each Group 2 Fund 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.

Prior to January 1, 2022, each Fund retains 82% of securities lending income (which excludes collateral investment fees), and the amount retained can never be less than 70% of the total of securities lending income plus the collateral investment fees. In addition, commencing the business day following the date that the aggregate securities lending income plus the collateral investment fees generated across all 1940 Act iShares exchange-traded funds (the “iShares ETF Complex”) in that calendar year exceeds a specified threshold, each Fund, pursuant to the securities lending agreement, will retain for the remainder of that calendar year 85% of securities lending income (which excludes collateral investment fees), and the amount retained can never be less than 70% of the total of securities lending income plus the collateral investment fees.

The share of securities lending income earned by each Fund is shown as securities lending income – affiliated – net in its Statements of Operations. For the six months ended January 31, 2022, the Funds paid BTC the following amounts for securities lending agent services:

Officers and Trustees: Certain officers and/or trustees of the Trust are officers and/or trustees 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 January 31, 2022, transactions executed by the Funds pursuant to Rule 17a-7 under the 1940 Act were as follows:

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

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

For the six months ended January 31, 2022, purchases and sales of investments, excluding short-term investments and in-kind transactions, were as follows:

For the six months ended January 31, 2022, in-kind transactions were as follows:

Each Fund is treated as an entity separate from the Trust’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 January 31, 2022, inclusive of the open tax return years, and does not believe that there are any uncertain tax positions that require recognition of a tax liability in the Funds’ financial statements.

As of July 31, 2021, the Funds had non-expiring capital loss carryforwards available to offset future realized capital gains as follows:

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

As of January 31, 2022, gross unrealized appreciation and depreciation based on cost of investments (including short positions and derivatives, if any) for U.S. federal income tax purposes were as follows:

The iShares MSCI ACWI, iShares MSCI ACWI Low Carbon Target and iShares MSCI All Country Asia ex Japan ETFs, along with certain other iShares funds (“Participating Funds”), are parties to a $300 million credit agreement (“Credit Agreement”) with State Street Bank and Trust Company, which expires on October 15, 2021. 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 Credit Agreement sets specific sub limits on aggregate borrowings based on two tiers of Participating Funds: $300 million with respect to the funds within Tier 1, including the Funds, and $200 million with respect to Tier 2. The Funds may borrow up to the aggregate commitment amount subject to asset coverage and other limitations as specified in the Credit Agreement. The Credit Agreement has the following terms: a commitment fee of 0.20% per annum on the unused portion of the credit agreement and interest at a rate equal to the higher of (a) the one-month LIBOR rate (not less than zero) plus 1.00% per annum or (b) the U.S. Federal Funds rate (not less than zero) 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 Credit Agreement. The Credit Agreement was terminated on August 12, 2021.

Effective August 13, 2021, the iShares MSCI ACWI, iShares MSCI ACWI Low Carbon Target and iShares MSCI All Country Asia ex Japan ETFs, 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 August 12, 2022. 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) the one-month LIBOR rate (not less than zero) plus 1.00% per annum or (b) the U.S. Federal Funds rate (not less than zero) 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.

For the six months ended January 31, 2022, the maximum amount borrowed, the average daily borrowing and the weighted average interest rate, if any, under the Credit Agreement and Syndicated Credit Agreement were as follows:

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

BFA uses a “passive” or index approach to try to achieve each Fund’s investment objective following the securities included in its underlying index during upturns as well as downturns. BFA does not take steps to reduce market exposure or to lessen the effects of a declining market. Divergence from the underlying index and the composition of the portfolio is monitored by BFA.

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

Market Risk: The iShares MSCI All Country Asia ex Japan ETF invests in A-shares (i.e., equity securities of companies based in the People’s Republic of China (“China” or “PRC”) that trade on the Shanghai Stock Exchange and Shenzhen Stock Exchange) primarily through the Shanghai-Hong Kong Stock Connect program or the Shenzhen-Hong Kong Stock Connect program (together, “Stock Connect”). Investing in A-shares through Stock Connect is subject to trading, clearance and settlement procedures, which could pose risks to the Fund. Trading through Stock Connect is subject to a daily quota, which limits the maximum net purchases under Stock Connect each day. The daily quota may restrict the Fund’s ability to invest in A-shares on a timely basis and could affect the Fund’s ability to effectively pursue its investment strategy. Additionally, the Fund may be subject to the risk of price fluctuations on days when the Chinese markets are open, but Stock Connect is not trading. The A-shares market has a higher propensity for trading suspensions than many other global equity markets.

An outbreak of respiratory disease caused by a novel coronavirus has developed into a global pandemic and has resulted in closing borders, quarantines, disruptions to supply chains and customer activity, as well as general concern and uncertainty. The impact of this pandemic, and other global health crises that may arise in the future, could affect the economies of many nations, individual companies and the market in general in ways that cannot necessarily be foreseen at the present time. This pandemic may result in substantial market volatility and may adversely impact the prices and liquidity of a fund’s investments. The duration of this pandemic and its effects cannot be determined with certainty.

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.

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 the Manager 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.

Concentration 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 Europe or with significant exposure to European issuers or countries. The European financial markets have recently experienced volatility and adverse trends due to concerns about economic downturns in, or rising government debt levels of, several European countries as well as acts of war in the region. These events may spread to other countries in Europe and may affect the value and liquidity of certain of the Funds’ investments.

Responses to the financial problems by European governments, central banks and others, including austerity measures and reforms, may not work, may result in social unrest and may limit future growth and economic recovery or have other unintended consequences. Further defaults or restructurings by governments and others of their debt could have additional adverse effects on economies, financial markets and asset valuations around the world. The United Kingdom has withdrawn from the European Union, and one or more other countries may withdraw from the European Union and/or abandon the Euro, the common currency of the European Union. The impact of these actions, especially if they occur in a disorderly fashion, is not clear but could be significant and far reaching. In addition, Russia launched a large-scale invasion of Ukraine on February 24, 2022. The extent and duration of the military action, resulting sanctions and resulting future market disruptions in the region are impossible to predict, but could be significant and have a severe adverse effect on the region, including significant negative impacts on the economy and the markets for certain securities and commodities, such as oil and natural gas, as well as other sectors.

Certain Funds invest a significant portion of their assets in securities of issuers located in China or with significant exposure to Chinese issuers or countries. Investments in Chinese securities, including certain Hong Kong-listed securities, involves 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, institution of tariffs or other

trade barriers, or a downturn in any of the economies of China’s key trading partners may have an adverse impact on the Chinese economy. In addition, measures may be taken to limit the flow of capital and/or sanctions may be imposed, which could prohibit or restrict the ability to own or transfer fund assets and may also include retaliatory actions, such as seizure of fund assets.

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

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

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

LIBOR Transition Risk: The United Kingdom’s Financial Conduct Authority announced a phase out of the London Interbank Offered Rate (“LIBOR”). Although many LIBOR rates ceased to be published or no longer are representative of the underlying market they seek to measure after December 31, 2021, a selection of widely used USD LIBOR rates will continue to be published through June 2023 in order to assist with the transition. The Funds may be exposed to financial instruments tied to LIBOR to determine payment obligations, financing terms, hedging strategies or investment value. The transition process away from LIBOR might lead to increased volatility and illiquidity in markets for, and reduce the effectiveness of new hedges placed against instruments whose terms currently include LIBOR. The ultimate effect of the LIBOR transition process on the Funds is uncertain.

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

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

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

The iShares MSCI ACWI ETF is expected to seek a closing agreement with the Internal Revenue Service (“IRS”) to address any prior years’ U.S. income tax liabilities attributable to Fund shareholders resulting from the recovery of foreign taxes. The closing agreement would result in the Fund paying a compliance fee to the IRS, on behalf of its shareholders, representing the estimated tax savings generated from foreign tax credits claimed by Fund shareholders on their tax returns in prior years. The Fund has accrued a liability for the estimated IRS compliance fee related to foreign withholding tax claims, which is disclosed in the statements of assets and liabilities. The actual IRS compliance fee may differ from the estimate and that difference may be material.

Management’s evaluation of the impact of all subsequent events on the Funds’ financial statements was completed through the date the financial statements were available to be issued and the following items were noted:

In February 2022, iShares MSCI Kokusai ETF redeemed $3,755,883,360 of capital shares.

In compliance with Rule 22e-4 under the Investment Company Act of 1940, as amended (the “Liquidity Rule”), iShares Trust (the “Trust”) has adopted and implemented a liquidity risk management program (the “Program”) for iShares MSCI ACWI ETF, iShares MSCI ACWI Low Carbon Target ETF, iShares MSCI All Country Asia ex Japan ETF, iShares MSCI Europe Financials ETF, iShares MSCI Europe Small-Cap ETF and iShares MSCI Kokusai ETF (the “Funds” or “ETFs”), each a series of the Trust, which is reasonably designed to assess and manage each Fund’s liquidity risk.

The Board of Trustees (the “Board”) of the Trust, on behalf of the Funds, met on December 9, 2021 (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, 2020 through September 30, 2021 (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 and the imposition of capital controls in certain non-U.S. countries.

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:

As part of BlackRock’s continuous review of the effectiveness of the Program, the Committee made the following material changes to the Program: (1) updates to certain model components in the Program’s methodology; and (2) certain iShares Funds entered into a $800 million credit agreement with a group of lenders that replaced a previous liquidity facility. 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.

On October 28, 2020, the Securities and Exchange Commission (the “SEC”) adopted regulations governing the use of derivatives by registered investment companies (“Rule 18f-4”). The Funds will be required to implement and comply with Rule 18f-4 by August 19, 2022. Once implemented, Rule 18f-4 will impose limits on the amount of derivatives a fund can enter into, eliminate the asset segregation framework currently used by funds to comply with Section 18 of the 1940 Act, treat derivatives as senior securities and require funds whose use of derivatives is more than a limited specified exposure amount to establish and maintain a comprehensive derivatives risk management program and appoint a derivatives risk manager.

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.

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

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

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

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

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

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

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

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


				Average Annual Total Returns									Cumulative Total Returns

	6 Months			1 Year			5 Years			10 Years			1 Year			5 Years			10 Years

Fund NAV		0.08	%		13.60	%		12.90	%		10.87	%		13.60	%		83.45	%		180.65	%
Fund Market		(0.08	)		13.63			12.86			10.87			13.63			83.14			180.71
Index		(0.32	)		13.23			12.64			10.66			13.23			81.34			175.42


Actual					Hypothetical 5% Return


	Beginning Account Value (08/01/21)	Ending Account Value (01/31/22)	Expenses Paid During the Period	^(a)		Beginning Account Value (08/01/21)	Ending Account Value (01/31/22)	Expenses Paid During the Period	^(a)	Annualized Expense Ratio

	$ 1,000.00	$ 1,000.80	$ 1.61			$ 1,000.00	$ 1,023.60	$ 1.63		0.32	%


ALLOCATION BY SECTOR

Sector	Percent of Total Investments	^(a)

Information Technology	22.8	%
Financials	14.7
Consumer Discretionary	12.1
Health Care	11.4
Industrials	9.4
Communication Services	8.5
Consumer Staples	6.9
Materials	4.8
Energy	4.0
Utilities	2.7
Real Estate	2.7


				Average Annual Total Returns									Cumulative Total Returns

	6 Months			1 Year			5 Years			Since Inception			1 Year			5 Years			Since Inception

Fund NAV		(0.09	)%		13.54	%		12.98	%		10.10	%		13.54	%		84.05	%		99.03	%
Fund Market		(0.14	)		13.47			12.93			10.11			13.47			83.70			99.16
Index		(0.58	)		12.89			12.67			9.77			12.89			81.54			94.69


Actual					Hypothetical 5% Return


	Beginning Account Value (08/01/21)	Ending Account Value (01/31/22)	Expenses Paid During the Period	^(a)		Beginning Account Value (08/01/21)	Ending Account Value (01/31/22)	Expenses Paid During the Period	^(a)	Annualized Expense Ratio

	$ 1,000.00	$ 999.10	$ 1.01			$ 1,000.00	$ 1,024.20	$ 1.02		0.20	%


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


	Page

The Markets in Review		2
Fund Summary		4
About Fund Performance		10
Shareholder Expenses		10
Schedules of Investments		11
Financial Statements:
Statements of Assets and Liabilities		89
Statements of Operations		91
Statements of Changes in Net Assets		93
Financial Highlights		96
Notes to Financial Statements		102
Statement Regarding Liquidity Risk Management Program		114
Supplemental Information		115
General Information		116
Glossary of Terms Used in this Report		117


Fund Summary as of January 31, 2022		iShares^® MSCI ACWI ETF


TEN LARGEST GEOGRAPHIC ALLOCATION

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

United States	60.0	%
Japan	5.5
China	3.8
United Kingdom	3.7
Canada	3.1
France	2.9
Switzerland	2.5
Germany	2.2
Australia	1.9
Taiwan	1.8


4		2 0 2 2 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 January 31, 2022		iShares^® MSCI ACWI Low Carbon Target ETF


Fund Summary as of January 31, 2022		iShares^® MSCI All Country Asia ex Japan ETF


Fund Summary as of January 31, 2022		iShares^® MSCI Europe Financials ETF


Fund Summary as of January 31, 2022		iShares^® MSCI Europe Small-Cap ETF


ALLOCATION BY SECTOR

Sector	Percent of Total Investments	^(a)

Industrials	25.7	%
Financials	13.9
Consumer Discretionary	11.4
Real Estate	10.7
Information Technology	9.2
Health Care	7.3
Materials	7.0
Communication Services	5.2
Consumer Staples	4.4
Utilities	3.1
Energy	2.1


				Average Annual Total Returns									Cumulative Total Returns

	6 Months			1 Year			5 Years			10 Years			1 Year			5 Years			10 Years

Fund NAV		(5.19	)%		(10.74	)%		8.78	%		5.97	%		(10.74	)%		52.31	%		78.61	%
Fund Market		(5.26	)		(10.80	)		8.72			6.00			(10.80	)		51.92			79.02
Index		(6.20	)		(11.29	)		9.28			6.58			(11.29	)		55.86			89.18


				Average Annual Total Returns									Cumulative Total Returns

	6 Months			1 Year			5 Years			10 Years			1 Year			5 Years			10 Years

Fund NAV		8.15	%		27.95	%		5.19	%		5.87	%		27.95	%		28.82	%		76.88	%
Fund Market		7.87			28.78			5.09			5.78			28.78			28.17			75.46
Index		7.09			26.80			5.11			5.94			26.80			28.33			78.03


				Average Annual Total Returns									Cumulative Total Returns

	6 Months			1 Year			5 Years			10 Years			1 Year			5 Years			10 Years

Fund NAV		(8.12	)%		6.83	%		10.40	%		9.76	%		6.83	%		63.99	%		153.77	%
Fund Market		(8.17	)		7.17			10.31			9.78			7.17			63.36			154.12
Index		(8.82	)		6.11			10.32			9.65			6.11			63.42			151.25


Fund Summary as of January 31, 2022		iShares^® MSCI Kokusai ETF




Affiliated Issuer	Value at 07/31/21		Purchases at Cost			Proceeds from Sales			Net Realized Gain (Loss)			Change in Unrealized Appreciation (Depreciation)			Value at 01/31/22		Shares Held at 01/31/22		Income			Capital Gain Distributions from Underlying Funds


BlackRock Cash Funds: Institutional, SL Agency Shares	$	121,480,560	$	63,075,843	^(a)	$	—		$	(6,058	)	$	(19,929	)	$	184,530,416		184,475,073	$	500,949	^(b)	$	—
BlackRock Cash Funds: Treasury, SL Agency Shares		29,600,000		—			(18,540,000	)^(a)		—			—			11,060,000		11,060,000		659			—
BlackRock Inc.		34,020,813		5,314,617			(2,334,767	)		1,005,459			(2,689,652	)		35,316,470		42,915		313,773			—


									$	999,401		$	(2,709,581	)	$	230,906,886			$	815,381		$	—




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


Long Contracts
MSCI EAFE Index		81		03/18/22	$	9,053	$	(131,385	)
MSCI Emerging Markets Index		75		03/18/22		4,593		(7,100	)
S&P 500 E-Mini Index		102		03/18/22		22,972		(98,924	)


							$	(237,409	)




	Equity Contracts


Liabilities — Derivative Financial Instruments
Futures contracts
Unrealized depreciation on futures contracts^(a)	$	237,409




	Equity Contracts


Net Realized Gain (Loss) from:
Futures contracts	$	782,052


Net Change in Unrealized Appreciation (Depreciation) on:
Futures contracts	$	(513,657	)



Futures contracts:
Average notional value of contracts — long		$39,988,697




	Level 1			Level 2		Level 3		Total


Investments
Assets
Common Stocks	$	12,107,866,704		$	6,308,242,324	$	1	$	18,416,109,029
Preferred Stocks		29,835,422			44,027,770		—		73,863,192
Rights		—			49,588		33,842		83,430
Money Market Funds		195,590,416			—		—		195,590,416


	$	12,333,292,542		$	6,352,319,682	$	33,843	$	18,685,646,067

Derivative financial instruments^(a)
Liabilities
Futures Contracts	$	(237,409	)	$	—	$	—	$	(237,409	)




	Equity Contracts


Assets — Derivative Financial Instruments
Futures contracts
Unrealized appreciation on futures contracts^(a)	$	7,685


Liabilities — Derivative Financial Instruments
Futures contracts
Unrealized depreciation on futures contracts^(a)	$	28,416




Futures contracts:
Average notional value of contracts — long	$	3,220,523



Futures contracts:
Average notional value of contracts — long	$	13,271,057




Futures contracts:
Average notional value of contracts — long	$	7,181,414



Futures contracts:
Average notional value of contracts — long	$	1,391,775




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


Long Contracts
Euro STOXX 50 Index		19		03/18/22	$	893	$	21,035
S&P 500 E-Mini Index		15		03/18/22		3,378		117,186


							$	138,221




Futures contracts:
Average notional value of contracts — long	$	1,971,926


	iShares MSCI ACWI ETF		iShares MSCI ACWI Low Carbon Target ETF				iShares MSCI All Country Asia ex Japan ETF			iShares MSCI Europe Financials ETF


ASSETS
Investments in securities, at value (including securities on loan)^(a):
Unaffiliated^(b)	$	18,454,739,181		$	1,275,993,008			$	4,597,668,613		$	1,897,141,971
Affiliated^(c)		230,906,886			10,928,116				79,898,135			1,010,000
Cash		2,997,219			6,007				8,898			9,093
Foreign currency, at value^(d)		27,016,008			2,033,702				5,792,891			2,759,989
Cash pledged:
Futures contracts		1,811,000			170,000				754,000			—
Foreign currency collateral pledged:
Futures contracts^(e)		—			—				—			571,605
Receivables:
Investments sold		8,187,267			(251,153	)			—			—
Securities lending income — Affiliated		89,223			4,735				92,000			—
Variation margin on futures contracts		688,338			72,360				557,447			74,654
Capital shares sold		20,496,829			—				286			82,660
Dividends		12,979,826			1,087,070				5,888,426			18,892
Interest		9			—				—			—
Tax reclaims		5,440,581			218,703				—			3,792,644


Total assets		18,765,352,367			1,290,262,548				4,690,660,696			1,905,461,508


LIABILITIES
Collateral on securities loaned, at value		184,465,823			7,152,397				63,517,599			—
Deferred foreign capital gain tax		5,312,262			242,262				6,232,053			—
Payables:
Investments purchased		31,275,168			(251,153	)			1,220,725			—
Investment advisory fees		4,755,629			220,853				2,655,027			734,766
Professional fees		88,166			—				—			—
Foreign taxes		2,024			13				3,412			—
IRS compliance fee for foreign withholding tax claims		221,753			—				—			—


Total liabilities		226,120,825			7,364,372				73,628,816			734,766


NET ASSETS	$	18,539,231,542		$	1,282,898,176			$	4,617,031,880		$	1,904,726,742


NET ASSETS CONSIST OF:
Paid-in capital	$	14,326,145,107		$	1,111,505,770			$	4,436,143,865		$	1,989,103,405
Accumulated earnings (loss)		4,213,086,435			171,392,406				180,888,015			(84,376,663	)


NET ASSETS	$	18,539,231,542		$	1,282,898,176			$	4,617,031,880		$	1,904,726,742


Shares outstanding		183,600,000			7,750,000				56,600,000			91,600,000


Net asset value	$	100.98		$	165.54			$	81.57		$	20.79


Shares authorized		Unlimited			Unlimited				Unlimited			Unlimited


Par value		None			None				None			None


^(a)Securities loaned, at value	$	182,899,468		$	7,436,518			$	57,934,754		$	—
^(b)Investments, at cost — Unaffiliated	$	13,779,823,539		$	1,065,043,242			$	3,876,253,778		$	1,872,864,695
^(c)Investments, at cost — Affiliated	$	218,537,790		$	10,538,318			$	79,869,837		$	1,010,000
^(d)Foreign currency, at cost	$	27,267,739		$	2,037,018			$	5,822,553		$	2,784,690
^(e)Foreign currency collateral pledged, at cost	$	—		$	—			$	—		$	585,701


	iShares MSCI Europe Small-Cap ETF			iShares MSCI Kokusai ETF


ASSETS
Investments in securities, at value (including securities on loan)^(a):
Unaffiliated^(b)	$	293,581,943			$	3,959,119,129
Affiliated^(c)		10,271,398				22,016,331
Cash		4,453				7,920
Foreign currency, at value^(d)		410,734				2,267,094
Cash pledged:
Futures contracts		—				180,000
Foreign currency collateral pledged:
Futures contracts^(e)		84,654				77,518
Receivables:
Investments sold		247,081				1,700,580
Securities lending income — Affiliated		38,445				1,771
Variation margin on futures contracts		11,277				72,860
Capital shares sold		—				57,555,465
Dividends		138,358				710,931
Tax reclaims		208,787				50,731


Total assets		304,997,130				4,043,760,330


LIABILITIES
Collateral on securities loaned, at value		10,164,140				11,710,484
Payables:
Investments purchased		—				57,554,699
Capital shares redeemed		47,371				1,701,346
Investment advisory fees		113,839				167,524


Total liabilities		10,325,350				71,134,053


NET ASSETS	$	294,671,780			$	3,972,626,277


NET ASSETS CONSIST OF:
Paid-in capital	$	302,106,724			$	3,819,484,338
Accumulated earnings (loss)		(7,434,944	)			153,141,939


NET ASSETS	$	294,671,780			$	3,972,626,277


Shares outstanding		4,550,000				41,050,000


Net asset value	$	64.76			$	96.78


Shares authorized		Unlimited				Unlimited


Par value		None				None


^(a)Securities loaned, at value	$	9,079,546			$	11,580,848
^(b)Investments, at cost — Unaffiliated	$	326,816,678			$	3,856,022,382
^(c)Investments, at cost — Affiliated	$	10,270,251			$	21,796,566
^(d)Foreign currency, at cost	$	408,771			$	2,255,347
^(e)Foreign currency collateral pledged, at cost	$	86,382			$	79,020


	iShares MSCI ACWI ETF			iShares MSCI ACWI Low Carbon Target ETF				iShares MSCI All Country Asia ex Japan ETF (Consolidated)				iShares MSCI Europe Financials ETF


INVESTMENT INCOME
Dividends — Unaffiliated	$	144,696,232			$	9,287,304			$	41,144,190			$	22,934,338
Dividends — Affiliated		314,432				20,239				533				28
Securities lending income — Affiliated — net		500,949				10,071				1,007,255				—
Other income — Unaffiliated		3,781				—				—				—
Foreign taxes withheld		(7,832,023	)			(519,324	)			(5,307,881	)			(3,001,338	)
Foreign withholding tax claims		386,960				—				—				—
IRS Compliance fee for foreign withholding tax claims		(43,793	)			—				—				—
Other foreign taxes		(24,045	)			(3,321	)			(23,236	)			—


Total investment income		138,002,493				8,794,969				36,820,861				19,933,028


EXPENSES
Investment advisory fees		27,128,991				1,176,621				17,033,858				4,001,551
Commitment fees		21,224				2,654				21,225				—
Professional fees		39,074				—				—				239
Miscellaneous		217				217				217				217
Mauritius income taxes		—				—				293				—
Interest expense		1,176				201				3,473				—


Total expenses		27,190,682				1,179,693				17,059,066				4,002,007


Net investment income		110,811,811				7,615,276				19,761,795				15,931,021


REALIZED AND UNREALIZED GAIN (LOSS)
Net realized gain (loss) from:
Investments — Unaffiliated^(a)		(28,498,638	)			(6,459,328	)			149,349,908				(21,991,565	)
Investments — Affiliated		16,806				(1,041	)			6,994				—
In-kind redemptions — Unaffiliated		339,489,984				—				146,419,519				15,759,327
In-kind redemptions — Affiliated		982,595				—				—				—
Futures contracts		782,052				124,583				(810,900	)			167,103
Foreign currency transactions		(1,270,989	)			(128,385	)			(909,574	)			(85,333	)


Net realized gain (loss)		311,501,810				(6,464,171	)			294,055,947				(6,150,468	)

Net change in unrealized appreciation (depreciation) on:
Investments — Unaffiliated^(b)		(418,028,544	)			(11,251,371	)			(568,856,102	)			109,542,547
Investments — Affiliated		(2,709,581	)			(166,892	)			(24,730	)			—
Futures contracts		(513,657	)			(49,858	)			465,298				59,397
Foreign currency translations		(427,437	)			(14,363	)			(50,463	)			(238,710	)


Net change in unrealized appreciation (depreciation)		(421,679,219	)			(11,482,484	)			(568,465,997	)			109,363,234


Net realized and unrealized gain (loss)		(110,177,409	)			(17,946,655	)			(274,410,050	)			103,212,766


NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	$	634,402			$	(10,331,379	)		$	(254,648,255	)		$	119,143,787


^(a)Net of foreign capital gain tax and capital gain tax refund, if applicable	$	(499,408	)		$	(64,085	)		$	(3,625,575	)		$	—
^(b)Net of increase in deferred foreign capital gain tax of	$	(1,876,855	)		$	(50,473	)		$	(5,743,421	)		$	—


	iShares MSCI Europe Small-Cap ETF			iShares MSCI Kokusai ETF


INVESTMENT INCOME
Dividends — Unaffiliated	$	2,722,967			$	2,322,368
Dividends — Affiliated		4				4,563
Securities lending income — Affiliated — net		269,290				4,524
Foreign taxes withheld		(206,990	)			(78,170	)


Total investment income		2,785,271				2,253,285


EXPENSES
Investment advisory fees		815,618				403,278
Miscellaneous		217				217


Total expenses		815,835				403,495


Net investment income		1,969,436				1,849,790


REALIZED AND UNREALIZED GAIN (LOSS)
Net realized gain (loss) from:
Investments — Unaffiliated		(3,244,072	)			(1,292,440	)
Investments — Affiliated		(1,662	)			968
In-kind redemptions — Unaffiliated		39,478,489				69,288,070
In-kind redemptions — Affiliated		—				187,010
Futures contracts		(18,437	)			88,959
Foreign currency transactions		(41,905	)			(57,743	)


Net realized gain		36,172,413				68,214,824

Net change in unrealized appreciation (depreciation) on:
Investments — Unaffiliated		(68,107,892	)			51,617,519
Investments — Affiliated		(690	)			74,833
Futures contracts		(603	)			128,081
Foreign currency translations		(18,656	)			4,100


Net change in unrealized appreciation (depreciation)		(68,127,841	)			51,824,533


Net realized and unrealized gain (loss)		(31,955,428	)			120,039,357


NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS	$	(29,985,992	)		$	121,889,147


	iShares MSCI ACWI ETF						iShares MSCI ACWI Low Carbon Target ETF


	Six Months Ended 01/31/22 (unaudited)			Year Ended 07/31/21			Six Months Ended 01/31/22 (unaudited)			Year Ended 07/31/21

INCREASE (DECREASE) IN NET ASSETS

OPERATIONS
Net investment income	$	110,811,811		$	230,028,627		$	7,615,276		$	10,745,561
Net realized gain (loss)		311,501,810			421,574,302			(6,464,171	)		1,390,190
Net change in unrealized appreciation (depreciation)		(421,679,219	)		3,504,661,204			(11,482,484	)		169,003,176


Net increase (decrease) in net assets resulting from operations		634,402			4,156,264,133			(10,331,379	)		181,138,927


DISTRIBUTIONS TO SHAREHOLDERS^(a)
Decrease in net assets resulting from distributions to shareholders		(176,227,385	)		(230,246,413	)		(12,141,537	)		(10,128,091	)


CAPITAL SHARE TRANSACTIONS
Net increase in net assets derived from capital share transactions		1,749,000,066			1,006,790,709			444,151,989			258,113,034


NET ASSETS
Total increase in net assets		1,573,407,083			4,932,808,429			421,679,073			429,123,870
Beginning of period		16,965,824,459			12,033,016,030			861,219,103			432,095,233


End of period	$	18,539,231,542		$	16,965,824,459		$	1,282,898,176		$	861,219,103


	iShares MSCI All Country Asia ex Japan ETF (Consolidated)						iShares MSCI Europe Financials ETF


	Six Months Ended 01/31/22 (unaudited)			Year Ended 07/31/21			Six Months Ended 01/31/22 (unaudited)			Year Ended 07/31/21

INCREASE (DECREASE) IN NET ASSETS

OPERATIONS
Net investment income	$	19,761,795		$	65,034,504		$	15,931,021		$	29,867,865
Net realized gain (loss)		294,055,947			297,024,706			(6,150,468	)		63,031,388
Net change in unrealized appreciation (depreciation)		(568,465,997	)		388,629,683			109,363,234			216,656,671


Net increase (decrease) in net assets resulting from operations		(254,648,255	)		750,688,893			119,143,787			309,555,924


DISTRIBUTIONS TO SHAREHOLDERS^(a)
Decrease in net assets resulting from distributions to shareholders		(76,979,145	)		(63,771,745	)		(33,391,612	)		(36,493,715	)


CAPITAL SHARE TRANSACTIONS
Net increase (decrease) in net assets derived from capital share transactions		(625,843,773	)		844,305,907			272,962,670			554,026,456


NET ASSETS
Total increase (decrease) in net assets		(957,471,173	)		1,531,223,055			358,714,845			827,088,665
Beginning of period		5,574,503,053			4,043,279,998			1,546,011,897			718,923,232


End of period	$	4,617,031,880		$	5,574,503,053		$	1,904,726,742		$	1,546,011,897