Derivative
Financial
Instruments
Outstanding
as
of
Period
End
Security
Shares
Value
a
Investment
Companies
(a)
Exchange-Traded
Funds
—
100
.2
%
iShares
MSCI
EAFE
ETF
(b)
..................
68,600,518
$
7,019,205,002
a
Total
Long-Term
Investments — 100.2%
(Cost:
$
5,595,253,939
)
...............................
7,019,205,002
a
Short-Term
Securities
Money
Market
Funds
—
0
.8
%
BlackRock
Cash
Funds:
Institutional,
SL
Agency
Shares
,
3.83
%
(a)
(c)
(d)
......................
50,686,448
50,701,654
BlackRock
Cash
Funds:
Treasury,
SL
Agency
Shares
,
3.61
%
(a)
(c)
............................
4,668,108
4,668,108
a
Total
Short-Term
Securities — 0.8%
(Cost:
$
55,367,553
)
.................................
55,369,762
Total
Investments
—
101.0%
(Cost:
$
5,650,621,492
)
...............................
7,074,574,764
Liabilities
in
Excess
of
Other
Assets
—
(
1
.0
)
%
...............
(
72,020,163
)
Net
Assets
—
100.0%
.................................
$
7,002,554,601
(a)
Affiliate
of
the
Fund.
(b)
All
or
a
portion
of
this
security
is
on
loan.
(c)
Annualized
7-day
yield
as
of
period
end.
(d)
All
or
a
portion
of
this
security
was
purchased
with
the
cash
collateral
from
loaned
securities.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
April
30,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
07/31/25
Purchases
at
Cost
Proceeds
from
Sale
s
Net
Realized
Gain
(Loss)
Change
in
Unrealized
Appreciation
(Depreciation)
Value
at
04/30/26
Shares
Held
at
04/30/26
Income
Capital
Gain
Distributions
from
Underlying
Funds
BlackRock
Cash
Funds:
Institutional,
SL
Agency
Shares
$
643,417,528
$
—
$
(
592,779,333
)
(a)
$
61,250
$
2,209
$
50,701,654
50,686,448
$
293,479
(b)
$
—
BlackRock
Cash
Funds:
Treasury,
SL
Agency
Shares
4,170,000
498,108
(a)
—
—
—
4,668,108
4,668,108
177,667
—
iShares
MSCI
EAFE
ETF
.........
6,348,180,318
1,134,088,268
(
1,511,953,605
)
203,337,206
845,552,815
7,019,205,002
68,600,518
119,019,306
—
$
—
$
203,398,456
$
845,555,024
$
7,074,574,764
$
119,490,452
$
—
(a)
Represents
net
amount
purchased
(sold).
(b)
All
or
a
portion
represents
securities
lending
income
earned
from
the
reinvestment
of
cash
collateral
from
loaned
securities,
net
of
collateral
investment
fees,
and
other
payments
to
and
from
borrowers
of
securities.
Forward
Foreign
Currency
Exchange
Contracts
Currency
Purchased
Currency
Sold
Counterparty
Settlement
Date
Unrealized
Appreciation
(Depreciation)
AUD
1,210,000
USD
869,578
Barclays
Bank
PLC
05/04/26
$
1,562
AUD
642,379,000
USD
460,211,278
BNP
Paribas
SA
05/04/26
2,269,598
AUD
29,947,000
USD
20,503,094
HSBC
Bank
PLC
05/04/26
1,057,254
AUD
4,050,000
USD
2,891,703
JPMorgan
Chase
Bank
N.A.
05/04/26
24,095
AUD
202,000
USD
144,839
State
Street
Bank
&
Trust
Company
05/04/26
591
AUD
633,000
USD
436,545
Toronto
Dominion
Bank
05/04/26
19,183
AUD
1,815,000
USD
1,294,718
UBS
AG
05/04/26
11,992