iShares
®
Emerging
Markets
Dividend
ETF
Schedule
of
Investments
(unaudited)
July
31,
2026
(Percentages
shown
are
based
on
Net
Assets)
1
Schedule
of
Investments
Security
Shares
Value
a
Common
Stocks
Brazil
 — 
11
.1
%
Azzas
2154
SA
..........................
1,399,573
$
4,533,499
Banco
Santander
Brasil
SA
..................
893,529
5,044,791
BB
Seguridade
Participacoes
SA
..............
2,421,192
19,707,127
CPFL
Energia
SA
.........................
708,941
6,452,864
CSN
Mineracao
SA
.......................
5,935,467
6,685,838
Cury
Construtora
e
Incorporadora
SA
...........
1,241,558
7,369,772
Cyrela
Brazil
Realty
SA
Empreendimentos
e
Participacoes
..........................
1,692,884
7,136,686
Direcional
Engenharia
SA
...................
4,101,210
9,182,749
Grendene
SA
...........................
5,999,979
4,438,598
Kepler
Weber
SA
.........................
2,594,759
3,265,747
Petroreconcavo
SA
.......................
1,522,438
3,204,564
Telefonica
Brasil
SA
.......................
1,075,883
6,925,434
Transmissora
Alianca
de
Energia
Eletrica
SA
......
1,163,138
9,100,156
Vale
SA
...............................
2,617,334
39,385,348
Vulcabras
SA
...........................
1,512,648
4,153,766
136,586,939
a
China
 — 
23
.4
%
Agricultural
Bank
of
China
Ltd.
,
Class
H
..........
21,208,000
17,050,797
Anhui
Conch
Cement
Co.
Ltd.
,
Class
H
..........
2,579,500
6,077,598
Autohome,
Inc.
,
ADR
......................
498,990
11,586,548
Bank
of
China
Ltd.
,
Class
H
..................
40,534,000
28,434,797
Beijing
Enterprises
Water
Group
Ltd.
............
18,388,000
5,411,902
China
CITIC
Bank
Corp.
Ltd.
,
Class
H
...........
10,953,000
10,799,969
China
Construction
Bank
Corp.
,
Class
H
.........
32,645,000
38,306,489
China
Merchants
Port
Holdings
Co.
Ltd.
.........
3,664,000
7,155,328
China
Minsheng
Banking
Corp.
Ltd.
,
Class
H
......
12,653,500
5,854,792
China
Petroleum
&
Chemical
Corp.
,
Class
H
......
25,372,000
14,338,393
China
Shenhua
Energy
Co.
Ltd.
,
Class
H
.........
3,875,000
21,467,017
Chongqing
Rural
Commercial
Bank
Co.
Ltd.
,
Class
H
6,157,000
5,153,572
COSCO
SHIPPING
Holdings
Co.
Ltd.
,
Class
H
.....
11,944,000
24,027,968
Guangdong
Investment
Ltd.
..................
7,036,000
7,593,132
Huadian
Power
International
Corp.
Ltd.
,
Class
H
....
8,776,000
4,653,017
Industrial
&
Commercial
Bank
of
China
Ltd.
,
Class
H
.
31,863,000
30,479,747
LexinFintech
Holdings
Ltd.
,
ADR
..............
1,324,709
1,934,075
Onewo,
Inc.
,
Class
H
(a)
.....................
2,641,200
5,677,039
Orient
Overseas
International
Ltd.
(a)
............
818,000
15,995,654
Qfin
Holdings,
Inc.
,
ADR
....................
495,092
6,871,877
Yankuang
Energy
Group
Co.
Ltd.
,
Class
H
........
7,120,900
10,839,471
Zhejiang
Expressway
Co.
Ltd.
,
Class
H
..........
7,572,000
6,705,001
286,414,183
a
Colombia
 — 
2
.0
%
Ecopetrol
SA
............................
28,766,000
24,389,402
a
Czech
Republic
 — 
2
.0
%
CEZ
A.S.
..............................
217,921
14,038,667
Komercni
Banka
A.S.
......................
200,908
10,061,420
24,100,087
a
Greece
 — 
1
.1
%
Allwyn
AG
(a)
............................
851,802
13,166,090
a
Hong
Kong
 — 
1
.7
%
SITC
International
Holdings
Co.
Ltd.
............
4,168,000
21,014,201
a
India
 — 
1
.6
%
Coal
India
Ltd.
...........................
4,418,078
19,180,922
a
Indonesia
 — 
8
.8
%
Alamtri
Resources
Indonesia
Tbk
PT
............
105,356,600
14,404,170
Astra
International
Tbk
PT
...................
49,002,500
13,888,671
Bank
Mandiri
Persero
Tbk
PT
................
70,403,200
16,380,699
Security
Shares
Value
a
Indonesia
(continued)
Bank
Negara
Indonesia
Persero
Tbk
PT
.........
44,121,400
$
8,639,414
Bank
Rakyat
Indonesia
Persero
Tbk
PT
..........
109,834,300
18,471,474
Bukit
Asam
Persero
Tbk
PT
..................
60,011,500
7,751,724
Indo
Tambangraya
Megah
Tbk
PT
.............
6,683,100
9,127,331
Perusahaan
Gas
Negara
Persero
Tbk
PT
........
71,997,500
5,999,248
Surya
Citra
Media
Tbk
PT
...................
355,288,000
4,102,751
United
Tractors
Tbk
PT
.....................
6,436,300
8,566,710
107,332,192
a
Luxembourg
 — 
0
.9
%
Ternium
SA
,
ADR
.........................
226,037
11,130,062
a
Malaysia
 — 
1
.2
%
Malayan
Banking
Bhd
......................
5,700,700
15,198,014
a
Mexico
 — 
3
.5
%
Banco
del
Bajio
SA
(b)
......................
3,258,964
10,859,136
Grupo
Financiero
Banorte
SAB
de
CV
,
Class
O
....
2,731,521
31,634,198
42,493,334
a
Netherlands
 — 
1
.1
%
JBS
N.V.
..............................
970,094
13,530,009
a
Poland
 — 
5
.6
%
Bank
Polska
Kasa
Opieki
SA
.................
308,935
20,363,382
Grupa
Kety
SA
..........................
31,711
10,625,422
ORLEN
SA
.............................
736,585
29,228,643
XTB
SA
(b)
..............................
210,184
8,367,637
68,585,084
a
Qatar
 — 
0
.6
%
Barwa
Real
Estate
Co.
.....................
12,288,946
7,851,468
a
Russia
 — 
0
.0
%
Federal
Grid
Co.
-
Rosseti
PJSC
(c)
(d)
............
4,402,974,828
554
Magnitogorsk
Iron
&
Steel
Works
PJSC
(c)
(d)
........
14,721,471
1,852
Mobile
TeleSystems
PJSC
(c)
(d)
................
2,744,644
345
Moscow
Exchange
MICEX-RTS
PJSC
(c)
(d)
........
2,788,700
351
PhosAgro
PJSC
,
GDR
(c)
(d)
...................
3,484
35
Sberbank
of
Russia
PJSC
(c)
(d)
.................
2,500,255
314
Severstal
PAO
(c)
(d)
........................
695,941
88
3,539
a
South
Africa
 — 
2
.9
%
African
Rainbow
Minerals
Ltd.
................
388,052
3,977,467
Exxaro
Resources
Ltd.
.....................
1,237,949
15,266,383
Kumba
Iron
Ore
Ltd.
.......................
465,816
7,393,611
Truworths
International
Ltd.
..................
2,853,769
9,190,839
35,828,300
a
Taiwan
 — 
14
.2
%
Chicony
Electronics
Co.
Ltd.
.................
3,441,000
11,206,885
Evergreen
Marine
Corp.
Taiwan
Ltd.
............
5,907,000
37,123,319
Everlight
Electronics
Co.
Ltd.
(d)
................
4,709,000
9,065,087
Fitipower
Integrated
Technology,
Inc.
............
1,431,000
6,565,636
Kindom
Development
Co.
Ltd.
................
6,077,000
6,493,691
Merry
Electronics
Co.
Ltd.
...................
1,350,693
3,344,247
Novatek
Microelectronics
Corp.
...............
1,767,000
27,926,701
Simplo
Technology
Co.
Ltd.
..................
922,600
9,971,203
Sitronix
Technology
Corp.
...................
936,000
7,605,491
Supreme
Electronics
Co.
Ltd.
.................
2,551,751
6,243,278
Systex
Corp.
............................
1,295,000
6,130,039
Wisdom
Marine
Lines
Co.
Ltd.
................
3,289,000
7,949,771
WPG
Holdings
Ltd.
(d)
......................
4,447,280
15,247,461
Schedule
of
Investments
(unaudited)
(continued)
July
31,
2026
iShares
®
Emerging
Markets
Dividend
ETF
(Percentages
shown
are
based
on
Net
Assets)
2
Security
Shares
Value
a
Taiwan
(continued)
Yang
Ming
Marine
Transport
Corp.
.............
12,423,000
$
19,435,000
174,307,809
a
Thailand
 — 
3
.1
%
Kiatnakin
Phatra
Bank
PCL
,
NVDR
.............
1,577,200
5,223,765
Land
&
Houses
PCL
,
NVDR
.................
34,489,500
3,934,332
Sansiri
PCL
,
NVDR
.......................
109,646,400
4,941,348
Thaifoods
Group
PCL
,
NVDR
(a)
...............
46,206,300
13,536,541
Thanachart
Capital
PCL
,
NVDR
...............
2,139,400
4,993,119
Tisco
Financial
Group
PCL
,
NVDR
.............
1,533,300
5,892,627
38,521,732
a
Turkey
 — 
1
.0
%
Dogus
Otomotiv
Servis
ve
Ticaret
A.S.
..........
1,887,165
7,561,423
Is
Yatirim
Menkul
Degerler
A.S.
...............
5,911,104
4,298,273
11,859,696
a
United
Arab
Emirates
 — 
0
.6
%
Dubai
Islamic
Bank
PJSC
...................
3,435,940
6,809,429
a
Total
Common
Stocks — 86.4%
(Cost:
$
970,933,949
)
................................
1,058,302,492
a
Preferred
Stocks
Brazil
 — 
11
.3
%
Banco
ABC
Brasil
SA
,
Preference
Shares
,
NVS
....
762,600
3,610,546
Bradespar
SA
,
Preference
Shares
,
NVS
.........
2,152,643
9,342,424
Cia
Energetica
de
Minas
Gerais
,
Preference
Shares
,
NVS
................................
11,437,925
25,587,341
Isa
Energia
Brasil
SA
,
Preference
Shares,
NVS
....
1,012,235
5,369,539
Itausa
SA
,
Preference
Shares
,
NVS
............
10,444,864
28,475,784
Marcopolo
SA
,
Preference
Shares
,
NVS
.........
10,036,901
10,513,783
Petroleo
Brasileiro
SA
-
Petrobras
,
Preference
Shares
,
NVS
................................
5,625,394
48,184,529
Unipar
Carbocloro
SA
,
Class
B
,
Preference
Shares,
NVS
................................
539,694
6,727,610
137,811,556
a
Security
Shares
Value
a
Colombia
 — 
1
.2
%
Grupo
Cibest
SA
,
Preference
Shares
...........
642,196
$
15,164,279
a
Total
Preferred
Stocks — 12.5%
(Cost:
$
117,715,717
)
................................
152,975,835
a
Rights
Brazil
 — 
0
.0
%
Banco
ABC
Brasil
SA
(Expires
08/14/26
)
(d)
........
25,773
22,776
a
Total
Rights — 0.0%
(Cost:
$
–
)
........................................
22,776
a
Total
Long-Term
Investments — 98.9%
(Cost:
$
1,088,649,666
)
...............................
1,211,301,103
a
Short-Term
Securities
Money
Market
Funds
 — 
2
.6
%
BlackRock
Cash
Funds:
Institutional,
SL
Agency
Shares
,
3.81
%
(e)
(f)
(g)
......................
28,788,713
28,797,350
BlackRock
Cash
Funds:
Treasury,
SL
Agency
Shares
,
3.65
%
(e)
(f)
.............................
2,777,993
2,777,993
a
Total
Short-Term
Securities — 2.6%
(Cost:
$
31,574,906
)
.................................
31,575,343
Total
Investments
—  101.5%
(Cost:
$
1,120,224,572
)
...............................
1,242,876,446
Liabilities
in
Excess
of
Other
Assets
—
(
1
.5
)
%
...............
(
17,987,204
)
Net
Assets
—
100.0%
.................................
$
1,224,889,242
(a)
All
or
a
portion
of
this
security
is
on
loan.
(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)
Security
is
valued
using
significant
unobservable
inputs
and
is
classified
as
Level
3
in
the
fair
value
hierarchy.
(d)
Non-income
producing
security.
(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.
Affiliates
Investments
in
issuers
considered
to
be
affiliate(s)
of
the
Fund
during
the
period
ended
July
31,
2026
for
purposes
of
Section
2(a)(3)
of
the
Investment
Company
Act
of
1940,
as
amended,
were
as
follows:
Affiliated
Issuer
Value
at
04/30/26
Purchases
at
Cost
Proceeds
from
Sale
s
Net
Realized
Gain
(Loss)
Change
in
Unrealized
Appreciation
(Depreciation)
Value
at
07/31/26
  Shares
Held
at
07/31/26
Income
  Capital
Gain
Distributions
from
Underlying
Funds
BlackRock
Cash
Funds:
Institutional,
SL
Agency
Shares
$
21,262,928
‌
$
7,533,956
(a)
$
—
‌
$
246
‌
$
220
‌
$
28,797,350
‌
28,788,713
‌
$
104,932
(b)
$
—
‌
BlackRock
Cash
Funds:
Treasury,
SL
Agency
Shares
..
1,984,929
‌
793,064
(a)
—
‌
—
‌
—
‌
2,777,993
‌
2,777,993
‌
21,893
‌
—
‌
$
—
‌
$
246
‌
$
220
‌
$
31,575,343
‌
$
126,825
‌
$
—
‌
iShares
®
Emerging
Markets
Dividend
ETF
Schedule
of
Investments
(unaudited)
(continued)
July
31,
2026
3
Schedule
of
Investments
Derivative
Financial
Instruments
Outstanding
as
of
Period
End
Fair
Value
Hierarchy
as
of
Period
End
Various
inputs
are
used
in
determining
the
fair
value
of
financial
instruments
at
the
measurement
date.
These
inputs
to
valuation
techniques
are
categorized
into
a
fair
value
hierarchy
consisting
of
three
broad
levels
for
financial
reporting
purposes
as
follows:
Level
1
–
Unadjusted
price
quotations
in
active
markets/exchanges
that
the
Fund
has
the
ability
to
access
for
identical
assets
or
liabilities;
Level
2
–
Inputs
other
than
quoted
prices
included
within
Level
1
that
are
observable
for
the
asset
or
liability,
either
directly
or
indirectly;
and
Level
3
–
Inputs
that
are
unobservable
and
significant
to
the
entire
fair
value
measurement
for
the
asset
or
liability
(including
the
Valuation
Committee’s
assumptions
used
in
determining
the
fair
value
of
financial
instruments).
The
hierarchy
gives
the
highest
priority
to
unadjusted
quoted
prices
in
active
markets
for
identical
assets
or
liabilities
(Level
1
measurements)
and
the
lowest
priority
to
unobservable
inputs
(Level
3
measurements).
Accordingly,
the
degree
of
judgment
exercised
in
determining
fair
value
is
greatest
for
instruments
categorized
in
Level
3.
The
inputs
used
to
measure
fair
value
may
fall
into
different
levels
of
the
fair
value
hierarchy.
In
such
cases,
for
disclosure
purposes,
the
fair
value
hierarchy
classification
is
determined
based
on
the
lowest
level
input
that
is
significant
to
the
fair
value
measurement
in
its
entirety.
Investments
classified
within
Level
3
have
significant
unobservable
inputs
used
by
the
Valuation
Committee
in
determining
the
price
for
Fair
Valued
Investments.
Level
3
investments
include
equity
or
debt
issued
by
privately
held
companies
or
funds
that may
not have
a
secondary
market
and/or may
have a
limited
number
of
investors.
The
categorization
of
a
value
determined
for
financial
instruments
is
based
on
the
pricing
transparency
of
the
financial
instruments
and
is
not
necessarily
an
indication
of
the
risks
associated
with
investing
in
those
securities.
For
information
about
the
Fund’s
policy
regarding
valuation
of
financial
instruments,
refer
to
its
most
recent
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. 
(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.
Futures
Contracts
Description
Number
of
Contracts
Expiration
Date
Notional
Amount
(000)
Value/
Unrealized
Appreciation
(Depreciation)
Long
Contracts
MSCI
Emerging
Markets
Index
............................................................
162
09/18/26
$
13,303
$
(
949,864
)
Level
1
Level
2
Level
3
Total
Assets
Investments
Long-Term
Investments
Common
Stocks
..........................................
$
329,606,578
‌
$
728,692,375
‌
$
3,539
‌
$
1,058,302,492
‌
Preferred
Stocks
..........................................
152,975,835
‌
—
‌
—
‌
152,975,835
‌
Rights
.................................................
—
‌
22,776
‌
—
‌
22,776
‌
Short-Term
Securities
Money
Market
Funds
.......................................
31,575,343
‌
—
‌
—
‌
31,575,343
‌
$
514,157,756
‌
$
728,715,151
‌
$
3,539
‌
$
1,242,876,446
‌
Derivative
Financial
Instruments
(a)
Liabilities
Equity
Contracts
............................................
$
(
949,864
)
$
—
‌
$
—
‌
$
(
949,864
)
(a)
Derivative
financial
instruments
are
futures
contracts.
Futures
contracts
are
valued
at
the
unrealized
appreciation
(depreciation)
on
the
instrument.
Portfolio
Abbreviation
ADR
American
Depositary
Receipt
GDR
Global
Depositary
Receipt
NVDR
Non-Voting
Depository
Receipt
NVS
Non-Voting
Shares
PCL
Public
Company
Limited
PJSC
Public
Joint
Stock
Company