# EDGAR Filing Document

**Accession Number:** 0000844779
**File Stem:** 0001752724-25-157699
**Filing Date:** 2025-6
**Character Count:** 75872
**Document Hash:** 2f30cdb004ff6c065c7c32ef616e6854
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-157699.hdr.sgml**: 20250626

**ACCESSION NUMBER**: 0001752724-25-157699

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250626

**DATE AS OF CHANGE**: 20250626

**PERIOD START**: 20250430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BLACKROCK FUNDS
- **CENTRAL INDEX KEY:** 0000844779

**ORGANIZATION NAME:**
- **EIN:** 510318674
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05742
- **FILM NUMBER:** 251076718

**BUSINESS ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809
- **BUSINESS PHONE:** 800-441-7762

**MAIL ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** COMPASS CAPITAL FUNDS\
- **DATE OF NAME CHANGE:** 19961114

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PNC FUND
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NCP FUNDS
- **DATE OF NAME CHANGE:** 19890511

## Series and Classes Contracts Data

### BlackRock Sustainable Advantage Emerging Markets Equity Fund (Series ID: S000069108)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000220890 | Institutional |  |
| C000220891 | Class K       |  |
| C000220892 | Investor A    |  |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** BlackRock Funds

- **b. Investment Company Act file number:** 811-05742

- **c. CIK number of Registrant:** 0000844779

- **d. LEI of Registrant:** 549300OZUEVJZHOBFP42

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 100 Bellevue Parkway

  - **City:** Wilmington

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

  - **Telephone number:** 800-441-7762

**Item A.2. Information about the Series.**

- **a. Name of Series:** BlackRock Sustainable Advantage Emerging Markets Equity Fund

- **b. EDGAR series identifier (if any):** S000069108

- **c. LEI of Series:** 549300WEROAOHPEE5K06

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-04-30

- **b. Date as of which information is reported:** 2025-04-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $10898125.18

**Total Liabilities:** $143340.94

**Net Assets:** $10754784.24

**Cash Not Reported:** $27347.31

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000220892 | 0.79%                | 1.01%                | 0.11%                |
| Class ID C000220891 | 0.79%                | 1.01%                | 0.11%                |
| Class ID C000220890 | 0.90%                | 1.01%                | 0.11%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-95.85                  | $81738.33                                  |
| Month 2  | $-47149.05               | $129362.18                                 |
| Month 3  | $-22988.06               | $-4693.71                                  |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                             | Title                                                     | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Bangkok Bank PCL                                 | Bangkok Bank PCL                                          | CUSIP: N/A<br>LEI: 549300CCL2BKJGMYXV60       | Long             | EC               | CORP              | TH        |     11200 | NS      | $46909.08     | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| JD Logistics, Inc.                               | JD Logistics, Inc.                                        | CUSIP: N/A<br>LEI: 655600LWTFVMV3E2A890       | Long             | EC               | CORP              | KY        |     17200 | NS      | $26976.70     | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| United Spirits Ltd.                              | United Spirits Ltd.                                       | CUSIP: N/A<br>LEI: 3358004YFWQVX2EZDE82       | Long             | EC               | CORP              | IN        |      1224 | NS      | $22634.09     | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Arcadyan Technology Corp.                        | Arcadyan Technology Corp.                                 | CUSIP: N/A<br>LEI: 254900R5W61G3GO1Q067       | Long             | EC               | CORP              | TW        |      6000 | NS      | $44399.90     | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Wipro Ltd.                                       | Wipro Ltd.                                                | CUSIP: N/A<br>LEI: 335800IFS1IJHESG8362       | Long             | EC               | CORP              | IN        |     22957 | NS      | $65567.30     | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| SK, Inc.                                         | SK, Inc.                                                  | CUSIP: N/A<br>LEI: 988400GMME8AOAFMDK34       | Long             | EC               | CORP              | KR        |       212 | NS      | $19731.02     | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Kuwait Finance House KSCP                        | Kuwait Finance House KSCP                                 | CUSIP: N/A<br>LEI: 2549007KX0N057S9BC98       | Long             | EC               | CORP              | KW        |     23289 | NS      | $54995.33     | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co. Ltd.      | Taiwan Semiconductor Manufacturing Co. Ltd.               | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |        84 | NS      | $14001.96     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Haier Smart Home Co. Ltd.                        | Haier Smart Home Co. Ltd., Class H                        | CUSIP: N/A<br>LEI: 3003002BYTNGNJTWSH07       | Long             | EC               | CORP              | CN        |     15600 | NS      | $45271.68     | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Ganfeng Lithium Group Co. Ltd.                   | Ganfeng Lithium Group Co. Ltd., Class A                   | CUSIP: N/A<br>LEI: 3003006BE6UOHWEOOR42       | Long             | EC               | CORP              | CN        |       390 | NS      | $1604.76      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Public Bank Bhd.                                 | Public Bank Bhd.                                          | CUSIP: N/A<br>LEI: 549300L2RSQCVMOHGM20       | Long             | EC               | CORP              | MY        |     41600 | NS      | $43124.79     | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Commercial Bank PSQC (The)                       | Commercial Bank PSQC (The)                                | CUSIP: N/A<br>LEI: 2138004FUUD4I7X8H721       | Long             | EC               | CORP              | QA        |      2766 | NS      | $3266.77      | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Industrial & Commercial Bank of China Ltd.       | Industrial & Commercial Bank of China Ltd., Class H       | CUSIP: N/A<br>LEI: 5493002ERZU2K9PZDL40       | Long             | EC               | CORP              | CN        |    170000 | NS      | $116452.04    | 1.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Sagility India Ltd.                              | Sagility India Ltd.                                       | CUSIP: N/A<br>LEI: 9845009870B757E1WA45       | Long             | EC               | CORP              | IN        |     17569 | NS      | $8504.93      | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| VA Tech Wabag Ltd.                               | VA Tech Wabag Ltd.                                        | CUSIP: N/A<br>LEI: 335800GM4KXSX7LLLI83       | Long             | EC               | CORP              | IN        |       770 | NS      | $11728.75     | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Zamil Industrial Investment Co.                  | Zamil Industrial Investment Co.                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | SA        |       854 | NS      | $9538.50      | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Novatek PJSC                                     | Novatek PJSC                                              | CUSIP: N/A<br>LEI: 2138008R6GCRVBDFA581       | Long             | EC               | CORP              | RU        |      1500 | NS      | $0.18         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Vodacom Group Ltd.                               | Vodacom Group Ltd.                                        | CUSIP: N/A<br>LEI: 37890012A8DC24B8D663       | Long             | EC               | CORP              | ZA        |      6691 | NS      | $49508.29     | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Cosan SA                                         | Cosan SA                                                  | CUSIP: N/A<br>LEI: 549300PGFCX2JMKKLC96       | Long             | EC               | CORP              | BR        |     15907 | NS      | $21862.79     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Saudi National Bank (The)                        | Saudi National Bank (The)                                 | CUSIP: N/A<br>LEI: 5586006ZEFQ542K7CY16       | Long             | EC               | CORP              | SA        |      1583 | NS      | $15082.86     | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Etihad Etisalat Co.                              | Etihad Etisalat Co.                                       | CUSIP: N/A<br>LEI: 2549007BA9ABDE3HVK79       | Long             | EC               | CORP              | SA        |       310 | NS      | $5190.15      | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Enerjisa Enerji A/S                              | Enerjisa Enerji A/S                                       | CUSIP: N/A<br>LEI: 789000D0QULW3EE31N02       | Long             | EC               | CORP              | TR        |      7731 | NS      | $10898.02     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Wistron NeWeb Corp.                              | Wistron NeWeb Corp.                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |      5000 | NS      | $19718.76     | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Weichai Power Co. Ltd.                           | Weichai Power Co. Ltd., Class H                           | CUSIP: N/A<br>LEI: 529900OKTPKBG85F9502       | Long             | EC               | CORP              | CN        |      3000 | NS      | $5852.70      | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| KB Financial Group, Inc.                         | KB Financial Group, Inc.                                  | CUSIP: 48241A105<br>LEI: 529900TKE4MXG3Q6GW86 | Long             | EC               | CORP              | KR        |       265 | NS      | $16689.70     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Qatar National Bank QPSC                         | Qatar National Bank QPSC                                  | CUSIP: N/A<br>LEI: 549300FFSRVBS0SQXY75       | Long             | EC               | CORP              | QA        |      6851 | NS      | $31389.43     | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Malayan Banking Bhd.                             | Malayan Banking Bhd.                                      | CUSIP: N/A<br>LEI: 5493004OT3TOY404V310       | Long             | EC               | CORP              | MY        |     38900 | NS      | $90143.30     | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| CJ CheilJedang Corp.                             | CJ CheilJedang Corp.                                      | CUSIP: N/A<br>LEI: 9884008938PK154I3A92       | Long             | EC               | CORP              | KR        |       107 | NS      | $17995.84     | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| KEC International Ltd.                           | KEC International Ltd.                                    | CUSIP: N/A<br>LEI: 335800UCWKGDJBU7ZT31       | Long             | EC               | CORP              | IN        |      2035 | NS      | $16842.46     | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Alibaba Group Holding Ltd.                       | Alibaba Group Holding Ltd.                                | CUSIP: N/A<br>LEI: 5493001NTNQJDH60PM02       | Long             | EC               | CORP              | KY        |     24492 | NS      | $365666.32    | 3.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Uni-President China Holdings Ltd.                | Uni-President China Holdings Ltd.                         | CUSIP: N/A<br>LEI: 529900JUA05094TOKA73       | Long             | EC               | CORP              | KY        |     21000 | NS      | $25181.80     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| CJ Corp.                                         | CJ Corp.                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |        62 | NS      | $5419.65      | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Meituan                                          | Meituan, Class B                                          | CUSIP: N/A<br>LEI: 21380033K525E5JLIA77       | Long             | EC               | CORP              | KY        |      8510 | NS      | $140903.80    | 1.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Zhongsheng Group Holdings Ltd.                   | Zhongsheng Group Holdings Ltd.                            | CUSIP: N/A<br>LEI: 3003005VYMEBAJNJ2Y26       | Long             | EC               | CORP              | KY        |      4500 | NS      | $6771.07      | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| China Pacific Insurance Group Co. Ltd.           | China Pacific Insurance Group Co. Ltd., Class H           | CUSIP: N/A<br>LEI: 529900BA5ILEL308WX03       | Long             | EC               | CORP              | CN        |     11600 | NS      | $31560.89     | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| KPJ Healthcare Bhd.                              | KPJ Healthcare Bhd.                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MY        |    123300 | NS      | $82195.14     | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| Advanced Info Service PCL                        | Advanced Info Service PCL                                 | CUSIP: N/A<br>LEI: 529900DU2YW1NO5RMU78       | Long             | EC               | CORP              | TH        |     10400 | NS      | $91735.06     | 0.85%             |  |  |  | No            |                  2 | On Loan: No      |
| BeiGene Ltd.                                     | BeiGene Ltd.                                              | CUSIP: N/A<br>LEI: 549300JFUK6FRD5MH739       | Long             | EC               | CORP              | KY        |       900 | NS      | $18188.55     | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Wuliangye Yibin Co. Ltd.                         | Wuliangye Yibin Co. Ltd., Class A                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |      4300 | NS      | $76144.71     | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Grupo Aeroportuario del Sureste SAB de CV        | Grupo Aeroportuario del Sureste SAB de CV, Class B        | CUSIP: N/A<br>LEI: 5299001W7JIDXCUOUC82       | Long             | EC               | CORP              | MX        |       587 | NS      | $18536.57     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstRand Ltd.                                   | FirstRand Ltd.                                            | CUSIP: N/A<br>LEI: 529900XYOP8CUZU7R671       | Long             | EC               | CORP              | ZA        |     17024 | NS      | $66654.78     | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| SK Biopharmaceuticals Co. Ltd.                   | SK Biopharmaceuticals Co. Ltd.                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |       209 | NS      | $15672.38     | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| KE Holdings, Inc.                                | KE Holdings, Inc.                                         | CUSIP: 482497104<br>LEI: 254900RHVY072XPAZE03 | Long             | EC               | CORP              | KY        |       825 | NS      | $16747.50     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| JD.com, Inc.                                     | JD.com, Inc., Class A                                     | CUSIP: N/A<br>LEI: 549300HVTWB0GJZ16V92       | Long             | EC               | CORP              | KY        |      7300 | NS      | $118854.42    | 1.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung E&A Co. Ltd.                             | Samsung E&A Co. Ltd.                                      | CUSIP: N/A<br>LEI: 988400HDAY5KIVHGZ188       | Long             | EC               | CORP              | KR        |      4672 | NS      | $63171.83     | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Chambal Fertilisers and Chemicals Ltd.           | Chambal Fertilisers & Chemicals Ltd.                      | CUSIP: N/A<br>LEI: 335800DFMF2OEJ7HWM17       | Long             | EC               | CORP              | IN        |       698 | NS      | $5722.87      | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| NAVER Corp.                                      | NAVER Corp.                                               | CUSIP: N/A<br>LEI: 988400ULUQYDB2HQYJ61       | Long             | EC               | CORP              | KR        |       444 | NS      | $62473.29     | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| HL Mando Co. Ltd.                                | HL Mando Co. Ltd.                                         | CUSIP: N/A<br>LEI: 988400P5GM9DGVVOJQ79       | Long             | EC               | CORP              | KR        |      1373 | NS      | $36025.66     | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Turkiye Garanti Bankasi A/S                      | Turkiye Garanti Bankasi A/S                               | CUSIP: N/A<br>LEI: 5493002XSS7K7RHN1V37       | Long             | EC               | CORP              | TR        |      1798 | NS      | $4832.89      | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Saudi Basic Industries Corp.                     | Saudi Basic Industries Corp.                              | CUSIP: N/A<br>LEI: 213800ZCTFZZZJSK8645       | Long             | EC               | CORP              | SA        |      2282 | NS      | $37111.13     | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Fomento Economico Mexicano SAB de CV             | Fomento Economico Mexicano SAB de CV                      | CUSIP: N/A<br>LEI: 549300A8MDWDJNMLV153       | Long             | EC               | CORP              | MX        |      2546 | NS      | $26769.32     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co. Ltd.      | Taiwan Semiconductor Manufacturing Co. Ltd.               | CUSIP: N/A<br>LEI: 549300KB6NK5SBD14S87       | Long             | EC               | CORP              | TW        |     35000 | NS      | $991709.39    | 9.22%             |  |  |  | No            |                  2 | On Loan: No      |
| GE Vernova T&D India Ltd.                        | GE Vernova T&D India Ltd.                                 | CUSIP: N/A<br>LEI: 549300NMRD6VZDFLN355       | Long             | EC               | CORP              | IN        |      1574 | NS      | $29137.54     | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of China Ltd.                               | Bank of China Ltd., Class H                               | CUSIP: N/A<br>LEI: 54930053HGCFWVHYZX42       | Long             | EC               | CORP              | CN        |     63000 | NS      | $35177.54     | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Kia Corp.                                        | Kia Corp.                                                 | CUSIP: N/A<br>LEI: 988400V8MJK9N7OI5X76       | Long             | EC               | CORP              | KR        |       684 | NS      | $43470.46     | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Pop Mart International Group Ltd.                | Pop Mart International Group Ltd.                         | CUSIP: N/A<br>LEI: 9845000A05E8F937E337       | Long             | EC               | CORP              | KY        |      1400 | NS      | $34917.77     | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Li Auto, Inc.                                    | Li Auto, Inc., Class A                                    | CUSIP: N/A<br>LEI: 2549003R73Q70J5H4I65       | Long             | EC               | CORP              | KY        |      1800 | NS      | $21932.42     | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Avary Holding Shenzhen Co. Ltd.                  | Avary Holding Shenzhen Co. Ltd., Class A                  | CUSIP: N/A<br>LEI: 30030067AGXAJK5FRS12       | Long             | EC               | CORP              | CN        |      2000 | NS      | $7893.99      | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank Mandiri Persero Tbk. PT                     | Bank Mandiri Persero Tbk. PT                              | CUSIP: N/A<br>LEI: 549300RSKQN4Z5ZSGH94       | Long             | EC               | CORP              | ID        |    139000 | NS      | $41047.75     | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Innovent Biologics, Inc.                         | Innovent Biologics, Inc.                                  | CUSIP: N/A<br>LEI: 25490058ONL9SCIE1R22       | Long             | EC               | CORP              | KY        |      3500 | NS      | $24240.72     | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| People's Insurance Co. Group of China Ltd. (The) | People's Insurance Co. Group of China Ltd. (The), Class H | CUSIP: N/A<br>LEI: 3003000P2JHYHQ524P66       | Long             | EC               | CORP              | CN        |     21000 | NS      | $12428.15     | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Yealink Network Technology Corp. Ltd.            | Yealink Network Technology Corp. Ltd., Class A            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |      4900 | NS      | $22392.37     | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Baidu, Inc.                                      | Baidu, Inc., Class A                                      | CUSIP: N/A<br>LEI: 254900AL64IANZYI1E02       | Long             | EC               | CORP              | KY        |      3478 | NS      | $38351.98     | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Xinyi Solar Holdings Ltd.                        | Xinyi Solar Holdings Ltd.                                 | CUSIP: N/A<br>LEI: 529900QF7VIH03SB7Q08       | Long             | EC               | CORP              | KY        |     12000 | NS      | $3990.73      | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Abu Dhabi Commercial Bank PJSC                   | Abu Dhabi Commercial Bank PJSC                            | CUSIP: N/A<br>LEI: 213800RWVKKIRX1AUH58       | Long             | EC               | CORP              | AE        |     23979 | NS      | $75985.87     | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Taiwan High Speed Rail Corp.                     | Taiwan High Speed Rail Corp.                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |     25000 | NS      | $21224.07     | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Strides Pharma Science Ltd.                      | Strides Pharma Science Ltd.                               | CUSIP: N/A<br>LEI: 335800WHFYXUCHR9DD10       | Long             | EC               | CORP              | IN        |      1264 | NS      | $9735.96      | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Firstsource Solutions Ltd.                       | Firstsource Solutions Ltd.                                | CUSIP: N/A<br>LEI: 335800UFBBNPDIZWQX32       | Long             | EC               | CORP              | IN        |      5836 | NS      | $23436.14     | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| People's Insurance Co. Group of China Ltd. (The) | People's Insurance Co. Group of China Ltd. (The), Class A | CUSIP: N/A<br>LEI: 3003000P2JHYHQ524P66       | Long             | EC               | CORP              | CN        |     11400 | NS      | $11074.48     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Vipshop Holdings Ltd.                            | Vipshop Holdings Ltd.                                     | CUSIP: 92763W103<br>LEI: 549300I9F52K06HPZX60 | Long             | EC               | CORP              | KY        |      1888 | NS      | $25714.56     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Infosys Ltd.                                     | Infosys Ltd.                                              | CUSIP: 456788108<br>LEI: 335800TYLGG93MM7PR89 | Long             | EC               | CORP              | IN        |      4295 | NS      | $75592.00     | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| DL E&C Co. Ltd.                                  | DL E&C Co. Ltd.                                           | CUSIP: N/A<br>LEI: 988400UU0MCCBS1YP242       | Long             | EC               | CORP              | KR        |      1169 | NS      | $35730.04     | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Fomento Economico Mexicano SAB de CV             | Fomento Economico Mexicano SAB de CV                      | CUSIP: 344419106<br>LEI: 549300A8MDWDJNMLV153 | Long             | EC               | CORP              | MX        |       744 | NS      | $78350.64     | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Castrol India Ltd.                               | Castrol India Ltd.                                        | CUSIP: N/A<br>LEI: 335800KCNMKXQFPJ5Q28       | Long             | EC               | CORP              | IN        |      1732 | NS      | $4051.67      | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Hyosung TNC Corp.                                | Hyosung TNC Corp.                                         | CUSIP: N/A<br>LEI: 988400BL3EUWYB39P076       | Long             | EC               | CORP              | KR        |       176 | NS      | $29441.26     | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank Central Asia Tbk. PT                        | Bank Central Asia Tbk. PT                                 | CUSIP: N/A<br>LEI: 254900BR956G2OHVOM21       | Long             | EC               | CORP              | ID        |    221600 | NS      | $117822.64    | 1.10%             |  |  |  | No            |                  2 | On Loan: No      |
| HDFC Bank Ltd.                                   | HDFC Bank Ltd.                                            | CUSIP: N/A<br>LEI: 335800ZQ6I4E2JXENC50       | Long             | EC               | CORP              | IN        |      4041 | NS      | $91787.09     | 0.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Changchun High-Tech Industry Group Co. Ltd.      | Changchun High-Tech Industry Group Co. Ltd., Class A      | CUSIP: N/A<br>LEI: 300300X04OTKZG18WD66       | Long             | EC               | CORP              | CN        |      4500 | NS      | $54445.08     | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Bizlink Holding, Inc.                            | Bizlink Holding, Inc.                                     | CUSIP: N/A<br>LEI: 213800YAKRFVU5XOX138       | Long             | EC               | CORP              | KY        |      3000 | NS      | $50784.57     | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| GS Engineering & Construction Corp.              | GS Engineering & Construction Corp.                       | CUSIP: N/A<br>LEI: 988400BQ69DJXXFA0D28       | Long             | EC               | CORP              | KR        |      2239 | NS      | $28782.12     | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Gold Fields Ltd.                                 | Gold Fields Ltd.                                          | CUSIP: 38059T106<br>LEI: 5299003KXIBJQYCBBD72 | Long             | EC               | CORP              | ZA        |       693 | NS      | $15620.22     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Redington Ltd.                                   | Redington Ltd.                                            | CUSIP: N/A<br>LEI: 335800DTFNX7F2LM5227       | Long             | EC               | CORP              | IN        |     18359 | NS      | $53376.60     | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Aneka Tambang Tbk.                               | Aneka Tambang Tbk.                                        | CUSIP: N/A<br>LEI: 529900LRE2NALSSHMB80       | Long             | EC               | CORP              | ID        |    347600 | NS      | $45433.20     | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| ABB India Ltd.                                   | ABB India Ltd.                                            | CUSIP: N/A<br>LEI: 5493001BUNB8WEF9JI21       | Long             | EC               | CORP              | IN        |       249 | NS      | $16267.17     | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Al Rayan Bank                                    | Al Rayan Bank                                             | CUSIP: N/A<br>LEI: 254900KFL51VLXABR231       | Long             | EC               | CORP              | QA        |      5545 | NS      | $3401.31      | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Itau Unibanco Holding SA                         | Itau Unibanco Holding SA (Preference)                     | CUSIP: N/A<br>LEI: 5493002W2IVG62O3ZJ94       | Long             | EP               | CORP              | BR        |     15963 | NS      | $100079.04    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| TAV Havalimanlari Holding A/S                    | TAV Havalimanlari Holding A/S                             | CUSIP: N/A<br>LEI: 789000PBM9TT5D88M597       | Long             | EC               | CORP              | TR        |      2457 | NS      | $14625.56     | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Industries Qatar QSC                             | Industries Qatar QSC                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | QA        |      2125 | NS      | $7321.85      | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| CMOC Group Ltd.                                  | CMOC Group Ltd., Class H                                  | CUSIP: N/A<br>LEI: 2549008KG3638J59U652       | Long             | EC               | CORP              | CN        |     66000 | NS      | $51814.90     | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Securities Co. Ltd.                      | Samsung Securities Co. Ltd.                               | CUSIP: N/A<br>LEI: 988400RBTJTHNUOHE716       | Long             | EC               | CORP              | KR        |      2376 | NS      | $87096.04     | 0.81%             |  |  |  | No            |                  2 | On Loan: No      |
| PhosAgro PJSC                                    | PhosAgro PJSC                                             | CUSIP: N/A<br>LEI: 25340053KRUNNYUWF472       | Long             | EC               | CORP              | RU        |      1413 | NS      | $0.17         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Bank Rakyat Indonesia Persero Tbk. PT            | Bank Rakyat Indonesia Persero Tbk. PT                     | CUSIP: N/A<br>LEI: 254900HB6S4B12GBNP64       | Long             | EC               | CORP              | ID        |    107400 | NS      | $24874.89     | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Goldwind Science & Technology Co. Ltd.           | Goldwind Science & Technology Co. Ltd., Class A           | CUSIP: N/A<br>LEI: 3003008X6GR2ZPYM2V54       | Long             | EC               | CORP              | CN        |       361 | NS      | $434.56       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| NCC Ltd.                                         | NCC Ltd.                                                  | CUSIP: N/A<br>LEI: 3358004NHG46U9TEGO83       | Long             | EC               | CORP              | IN        |      2174 | NS      | $5439.64      | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Jindal Saw Ltd.                                  | Jindal Saw Ltd.                                           | CUSIP: N/A<br>LEI: 335800DDPMLWP71NRQ10       | Long             | EC               | CORP              | IN        |     18745 | NS      | $55155.04     | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Tencent Holdings Ltd.                            | Tencent Holdings Ltd.                                     | CUSIP: N/A<br>LEI: 254900N4SLUMW4XUYY11       | Long             | EC               | CORP              | KY        |      9100 | NS      | $557383.69    | 5.18%             |  |  |  | No            |                  2 | On Loan: No      |
| LONGi Green Energy Technology Co. Ltd.           | LONGi Green Energy Technology Co. Ltd., Class A           | CUSIP: N/A<br>LEI: 300300NRGAITUP1EZ248       | Long             | EC               | CORP              | CN        |       760 | NS      | $1537.51      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Arca Continental SAB de CV                       | Arca Continental SAB de CV                                | CUSIP: N/A<br>LEI: 254900U2BSJCQHJCXN24       | Long             | EC               | CORP              | MX        |      3032 | NS      | $31931.82     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| State Bank of India                              | State Bank of India                                       | CUSIP: N/A<br>LEI: 5493001JZ37UBBZF6L49       | Long             | EC               | CORP              | IN        |      6065 | NS      | $56644.71     | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| CTBC Financial Holding Co. Ltd.                  | CTBC Financial Holding Co. Ltd.                           | CUSIP: N/A<br>LEI: 549300IWDYIFW6JXM387       | Long             | EC               | CORP              | TW        |     87000 | NS      | $107204.87    | 1.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Blue Star Ltd.                                   | Blue Star Ltd.                                            | CUSIP: N/A<br>LEI: 335800CWJUVEKQ1TE879       | Long             | EC               | CORP              | IN        |      3019 | NS      | $61015.52     | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Hyundai Engineering & Construction Co. Ltd.      | Hyundai Engineering & Construction Co. Ltd.               | CUSIP: N/A<br>LEI: 988400CEQG9N710HN313       | Long             | EC               | CORP              | KR        |      1416 | NS      | $41496.81     | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Lenovo Group Ltd.                                | Lenovo Group Ltd.                                         | CUSIP: N/A<br>LEI: 254900VUZRGD5U73RE46       | Long             | EC               | CORP              | HK        |     56000 | NS      | $64768.33     | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Al Rajhi Bank                                    | Al Rajhi Bank                                             | CUSIP: N/A<br>LEI: 558600BQZS4Y1DTU8589       | Long             | EC               | CORP              | SA        |      5446 | NS      | $141476.00    | 1.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Thai Union Group PCL                             | Thai Union Group PCL                                      | CUSIP: N/A<br>LEI: 25490047VDGNFMEYZW95       | Long             | EC               | CORP              | TH        |    156300 | NS      | $50494.87     | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Ambev SA                                         | Ambev SA                                                  | CUSIP: N/A<br>LEI: 549300TH5Q6VRP8OT012       | Long             | EC               | CORP              | BR        |     17803 | NS      | $45831.71     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| NetEase, Inc.                                    | NetEase, Inc.                                             | CUSIP: N/A<br>LEI: 5299004AF4DSJDB0PA32       | Long             | EC               | CORP              | KY        |      2570 | NS      | $55245.62     | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| ASE Technology Holding Co. Ltd.                  | ASE Technology Holding Co. Ltd.                           | CUSIP: N/A<br>LEI: 300300GO8QHPMV87NZ73       | Long             | EC               | CORP              | TW        |     16000 | NS      | $68179.20     | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| MediaTek, Inc.                                   | MediaTek, Inc.                                            | CUSIP: N/A<br>LEI: 254900UEGBK1I4DM4E14       | Long             | EC               | CORP              | TW        |      3000 | NS      | $127479.31    | 1.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Hindustan Zinc Ltd.                              | Hindustan Zinc Ltd.                                       | CUSIP: N/A<br>LEI: 335800LB39TLJ8YTWM98       | Long             | EC               | CORP              | IN        |      2451 | NS      | $12770.33     | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| PDD Holdings, Inc.                               | PDD Holdings, Inc.                                        | CUSIP: 722304102<br>LEI: 5493000573DS7005T657 | Long             | EC               | CORP              | KY        |       280 | NS      | $29559.60     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanlam Ltd.                                      | Sanlam Ltd.                                               | CUSIP: N/A<br>LEI: 37890014418406D9FC23       | Long             | EC               | CORP              | ZA        |     17333 | NS      | $78917.98     | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| POSCO Holdings, Inc.                             | POSCO Holdings, Inc.                                      | CUSIP: N/A<br>LEI: 988400E5HRVX81AYLM04       | Long             | EC               | CORP              | KR        |       114 | NS      | $20833.84     | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Grupo Aeroportuario del Sureste SAB de CV        | Grupo Aeroportuario del Sureste SAB de CV                 | CUSIP: 40051E202<br>LEI: 5299001W7JIDXCUOUC82 | Long             | EC               | CORP              | MX        |        69 | NS      | $21841.26     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| BYD Co. Ltd.                                     | BYD Co. Ltd., Class A                                     | CUSIP: N/A<br>LEI: 5299005557VL7ULJ7A69       | Long             | EC               | CORP              | CN        |       466 | NS      | $22660.37     | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Guotai Haitong Securities Co. Ltd.               | Guotai Haitong Securities Co. Ltd., Class H               | CUSIP: N/A<br>LEI: 300300E1005431000017       | Long             | EC               | CORP              | CN        |     20400 | NS      | $29074.70     | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Ping An Insurance Group Co. of China Ltd.        | Ping An Insurance Group Co. of China Ltd., Class H        | CUSIP: N/A<br>LEI: 529900M9MC28JLN35U89       | Long             | EC               | CORP              | CN        |      9500 | NS      | $56857.85     | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| 3SBio, Inc.                                      | 3SBio, Inc.                                               | CUSIP: N/A<br>LEI: 529900P0TQC1E9Y7FN31       | Long             | EC               | CORP              | KY        |     23000 | NS      | $35463.18     | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Chroma ATE, Inc.                                 | Chroma ATE, Inc.                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |      8000 | NS      | $73129.93     | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Trip.com Group Ltd.                              | Trip.com Group Ltd.                                       | CUSIP: N/A<br>LEI: 2549004RMYDSRQL4KW41       | Long             | EC               | CORP              | KY        |       450 | NS      | $27108.37     | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Accton Technology Corp.                          | Accton Technology Corp.                                   | CUSIP: N/A<br>LEI: 529900M1YRZ0GWMDF920       | Long             | EC               | CORP              | TW        |      1000 | NS      | $18626.34     | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Reliance Industries Ltd.                         | Reliance Industries Ltd.                                  | CUSIP: N/A<br>LEI: 5493003UOETFYRONLG31       | Long             | EC               | CORP              | IN        |     11416 | NS      | $189554.96    | 1.76%             |  |  |  | No            |                  2 | On Loan: No      |
| Ping An Insurance Group Co. of China Ltd.        | Ping An Insurance Group Co. of China Ltd., Class A        | CUSIP: N/A<br>LEI: 529900M9MC28JLN35U89       | Long             | EC               | CORP              | CN        |     11500 | NS      | $80288.75     | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| National Aluminium Co. Ltd.                      | National Aluminium Co. Ltd.                               | CUSIP: N/A<br>LEI: 335800OM1V78CX7SSC72       | Long             | EC               | CORP              | IN        |     13704 | NS      | $25407.42     | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Emirates Telecommunications Group Co. PJSC       | Emirates Telecommunications Group Co. PJSC                | CUSIP: N/A<br>LEI: 529900XDPQPWEQ9BGB80       | Long             | EC               | CORP              | AE        |      7700 | NS      | $36476.50     | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Saudi Telecom Co.                                | Saudi Telecom Co.                                         | CUSIP: N/A<br>LEI: 21380028ATJ79OTA9W17       | Long             | EC               | CORP              | SA        |      7547 | NS      | $95814.97     | 0.89%             |  |  |  | No            |                  2 | On Loan: No      |
| Qatar Islamic Bank QPSC                          | Qatar Islamic Bank QPSC                                   | CUSIP: N/A<br>LEI: 254900CFGPXJI71OHT95       | Long             | EC               | CORP              | QA        |      1752 | NS      | $10147.26     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| E.Sun Financial Holding Co. Ltd.                 | E.Sun Financial Holding Co. Ltd.                          | CUSIP: N/A<br>LEI: 549300X6CNQE512OPC90       | Long             | EC               | CORP              | TW        |    104268 | NS      | $92483.32     | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| PTC India Ltd.                                   | PTC India Ltd.                                            | CUSIP: N/A<br>LEI: 335800A6CY6EXEXS5619       | Long             | EC               | CORP              | IN        |     17221 | NS      | $35954.68     | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Tata Consultancy Services Ltd.                   | Tata Consultancy Services Ltd.                            | CUSIP: N/A<br>LEI: 335800ZJKU9GPQRE2U66       | Long             | EC               | CORP              | IN        |      1507 | NS      | $61515.60     | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Coromandel International Ltd.                    | Coromandel International Ltd.                             | CUSIP: N/A<br>LEI: 335800U73K3HJSQKT249       | Long             | EC               | CORP              | IN        |       810 | NS      | $21261.17     | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| IndiaMart InterMesh Ltd.                         | IndiaMart InterMesh Ltd.                                  | CUSIP: N/A<br>LEI: 335800VCSXC76EXLSH68       | Long             | EC               | CORP              | IN        |       944 | NS      | $25826.20     | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| CP ALL PCL                                       | CP ALL PCL                                                | CUSIP: N/A<br>LEI: 894500LSBZLM09TY1A91       | Long             | EC               | CORP              | TH        |     56400 | NS      | $86843.19     | 0.81%             |  |  |  | No            |                  2 | On Loan: No      |
| Li Auto, Inc.                                    | Li Auto, Inc.                                             | CUSIP: 50202M102<br>LEI: 2549003R73Q70J5H4I65 | Long             | EC               | CORP              | KY        |       477 | NS      | $11634.03     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Gentera SAB de CV                                | Gentera SAB de CV                                         | CUSIP: N/A<br>LEI: 4469000001ECOWXFNE33       | Long             | EC               | CORP              | MX        |      7970 | NS      | $13895.33     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| KB Financial Group, Inc.                         | KB Financial Group, Inc.                                  | CUSIP: N/A<br>LEI: 529900TKE4MXG3Q6GW86       | Long             | EC               | CORP              | KR        |       877 | NS      | $55425.31     | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Primax Electronics Ltd.                          | Primax Electronics Ltd.                                   | CUSIP: N/A<br>LEI: 254900JO4CQFFG7AIQ15       | Long             | EC               | CORP              | TW        |     24000 | NS      | $56073.51     | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Hero MotoCorp Ltd.                               | Hero MotoCorp Ltd.                                        | CUSIP: N/A<br>LEI: 335800Q49FBMZJTRLK49       | Long             | EC               | CORP              | IN        |       134 | NS      | $6071.25      | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                              | MSCI Emerging Markets Index                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         5 | NC      | $-2555.44     | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Hindustan Unilever Ltd.                          | Hindustan Unilever Ltd.                                   | CUSIP: N/A<br>LEI: 5493007IW5N37IKRPM32       | Long             | EC               | CORP              | IN        |      1520 | NS      | $42199.68     | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| ENN Energy Holdings Ltd.                         | ENN Energy Holdings Ltd.                                  | CUSIP: N/A<br>LEI: 549300V7BXPWT6WIPR03       | Long             | EC               | CORP              | KY        |      1400 | NS      | $11052.13     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Itau Unibanco Holding SA                         | Itau Unibanco Holding SA                                  | CUSIP: 465562106<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | EC               | CORP              | BR        |      3124 | NS      | $19712.44     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Welspun Corp. Ltd.                               | Welspun Corp. Ltd.                                        | CUSIP: N/A<br>LEI: 335800XKRIPYYRZNRQ31       | Long             | EC               | CORP              | IN        |      5239 | NS      | $47698.74     | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| BlackRock Liquidity Funds                        | BlackRock Liquidity Funds, T-Fund, Institutional Class    | CUSIP: 09248U718<br>LEI: 5493002L9DNZ83RX7V61 | Long             | STIV             | RF                | US        |    313589 | NS      | $313588.56    | 2.92%             |  |  |  | No            |                  1 | On Loan: No      |
| China Construction Bank Corp.                    | China Construction Bank Corp., Class H                    | CUSIP: N/A<br>LEI: 5493001KQW6DM7KEDR62       | Long             | EC               | CORP              | CN        |    221000 | NS      | $181535.60    | 1.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Cemex SAB de CV                                  | Cemex SAB de CV                                           | CUSIP: N/A<br>LEI: 549300RIG2CXWN6IV731       | Long             | EC               | CORP              | MX        |     25576 | NS      | $15819.94     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Trent Ltd.                                       | Trent Ltd.                                                | CUSIP: N/A<br>LEI: 335800IYA8EHI7MW7G59       | Long             | EC               | CORP              | IN        |       918 | NS      | $56112.02     | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Bradesco SA                                | Banco Bradesco SA (Preference)                            | CUSIP: N/A<br>LEI: 549300CTUU1RFXHQJE44       | Long             | EP               | CORP              | BR        |     10432 | NS      | $25219.96     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Electronics, Inc.                          | Delta Electronics, Inc.                                   | CUSIP: N/A<br>LEI: 529900UVZWNWGDLJSM52       | Long             | EC               | CORP              | TW        |      4000 | NS      | $41912.82     | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| SK Hynix, Inc.                                   | SK Hynix, Inc.                                            | CUSIP: N/A<br>LEI: 988400XAIK6XISWQV045       | Long             | EC               | CORP              | KR        |       841 | NS      | $104934.17    | 0.98%             |  |  |  | No            |                  2 | On Loan: No      |
| Xiaomi Corp.                                     | Xiaomi Corp., Class B                                     | CUSIP: N/A<br>LEI: 2549001ACVFAZRNMKL32       | Long             | EC               | CORP              | KY        |     20000 | NS      | $128044.09    | 1.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Home Product Center PCL                          | Home Product Center PCL                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TH        |    168500 | NS      | $42691.62     | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Zhejiang NHU Co. Ltd.                            | Zhejiang NHU Co. Ltd., Class A                            | CUSIP: N/A<br>LEI: 655600NJSJADB39G3P54       | Long             | EC               | CORP              | CN        |     16400 | NS      | $49903.18     | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| East Money Information Co. Ltd.                  | East Money Information Co. Ltd., Class A                  | CUSIP: N/A<br>LEI: 836800ZFB0ZEK3KKW487       | Long             | EC               | CORP              | CN        |     10800 | NS      | $30607.55     | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Gold Fields Ltd.                                 | Gold Fields Ltd.                                          | CUSIP: N/A<br>LEI: 5299003KXIBJQYCBBD72       | Long             | EC               | CORP              | ZA        |      1260 | NS      | $28260.48     | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| America Movil SAB de CV                          | America Movil SAB de CV, Series B                         | CUSIP: N/A<br>LEI: 5493000FNR3UCEAONM59       | Long             | EC               | CORP              | MX        |     78095 | NS      | $67579.72     | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| KOC Holding A/S                                  | KOC Holding A/S                                           | CUSIP: N/A<br>LEI: 7890005U0H950VH19H45       | Long             | EC               | CORP              | TR        |      3023 | NS      | $10884.13     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| ReNew Energy Global plc                          | ReNew Energy Global plc, Class A                          | CUSIP: N/A<br>LEI: 254900SL77LA2KAG7R65       | Long             | EC               | CORP              | GB        |      4313 | NS      | $27516.94     | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Coupang, Inc.                                    | Coupang, Inc., Class A                                    | CUSIP: 22266T109<br>LEI: 549300XR4L1D80AK4W76 | Long             | EC               | CORP              | US        |       411 | NS      | $9605.07      | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Anglogold Ashanti plc                            | Anglogold Ashanti plc                                     | CUSIP: N/A<br>LEI: 2138005YDSA7A82RNU96       | Long             | EC               | CORP              | GB        |       724 | NS      | $30141.58     | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| PhosAgro PJSC                                    | PhosAgro PJSC                                             | CUSIP: 71922G407<br>LEI: 25340053KRUNNYUWF472 | Long             | EC               | CORP              | RU        |        27 | NS      | $0.27         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Cathay Financial Holding Co. Ltd.                | Cathay Financial Holding Co. Ltd.                         | CUSIP: N/A<br>LEI: 5299009XR1QLFAMQ3X77       | Long             | EC               | CORP              | TW        |     40978 | NS      | $75502.42     | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| United Microelectronics Corp.                    | United Microelectronics Corp.                             | CUSIP: N/A<br>LEI: 391200YJCAGH9LF96P73       | Long             | EC               | CORP              | TW        |     17000 | NS      | $23855.28     | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Reliance Industries Ltd.                         | Reliance Industries Ltd.                                  | CUSIP: 759470107<br>LEI: 5493003UOETFYRONLG31 | Long             | EC               | CORP              | IN        |       462 | NS      | $30106.73     | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Enel Americas SA                                 | Enel Americas SA                                          | CUSIP: N/A<br>LEI: 549300LKH11TFCJLZK20       | Long             | EC               | CORP              | CL        |    835849 | NS      | $82076.31     | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Yunnan Baiyao Group Co. Ltd.                     | Yunnan Baiyao Group Co. Ltd., Class A                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |      9500 | NS      | $74836.46     | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| Naspers Ltd.                                     | Naspers Ltd., Class N                                     | CUSIP: N/A<br>LEI: 21380044BQ8812EEKT59       | Long             | EC               | CORP              | ZA        |        76 | NS      | $19983.62     | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| BYD Co. Ltd.                                     | BYD Co. Ltd., Class H                                     | CUSIP: N/A<br>LEI: 5299005557VL7ULJ7A69       | Long             | EC               | CORP              | CN        |      1500 | NS      | $71244.37     | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Eurobank Ergasias Services & Holdings SA         | Eurobank Ergasias Services & Holdings SA                  | CUSIP: N/A<br>LEI: JEUVK5RWVJEN8W0C9M24       | Long             | EC               | CORP              | GR        |      6549 | NS      | $18586.23     | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| ICICI Bank Ltd.                                  | ICICI Bank Ltd.                                           | CUSIP: N/A<br>LEI: R7RX8ER1V4666J8D1I38       | Long             | EC               | CORP              | IN        |      5111 | NS      | $85912.25     | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Lojas Renner SA                                  | Lojas Renner SA                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |     19516 | NS      | $49966.52     | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Topsports International Holdings Ltd.            | Topsports International Holdings Ltd.                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |    156000 | NS      | $62018.97     | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Sun Pharmaceutical Industries Ltd.               | Sun Pharmaceutical Industries Ltd.                        | CUSIP: N/A<br>LEI: 335800KJ7GE29LB4SS73       | Long             | EC               | CORP              | IN        |       924 | NS      | $20040.22     | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Axis Bank Ltd.                                   | Axis Bank Ltd.                                            | CUSIP: N/A<br>LEI: 549300HVNWMJPOFVNI41       | Long             | EC               | CORP              | IN        |      3022 | NS      | $42389.93     | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Shanghai Pudong Development Bank Co. Ltd.        | Shanghai Pudong Development Bank Co. Ltd., Class A        | CUSIP: N/A<br>LEI: 300300C1031031001330       | Long             | EC               | CORP              | CN        |     19800 | NS      | $29843.47     | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| OPAP SA                                          | OPAP SA, Class R                                          | CUSIP: N/A<br>LEI: 213800M4NRGFJCI34834       | Long             | EC               | CORP              | GR        |      2126 | NS      | $47238.04     | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Geely Automobile Holdings Ltd.                   | Geely Automobile Holdings Ltd.                            | CUSIP: N/A<br>LEI: 549300YS3T1KVQ2SNI84       | Long             | EC               | CORP              | KY        |     21000 | NS      | $44085.35     | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| First Financial Holding Co. Ltd.                 | First Financial Holding Co. Ltd.                          | CUSIP: N/A<br>LEI: 529900BC1U046Q2GUZ64       | Long             | EC               | CORP              | TW        |     16344 | NS      | $13014.85     | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Bharti Airtel Ltd.                               | Bharti Airtel Ltd.                                        | CUSIP: N/A<br>LEI: 335800KQ1FPKOQ84OR26       | Long             | EC               | CORP              | IN        |      6896 | NS      | $152113.70    | 1.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Zijin Mining Group Co. Ltd.                      | Zijin Mining Group Co. Ltd., Class H                      | CUSIP: N/A<br>LEI: 836800JRNL2393Z2I561       | Long             | EC               | CORP              | CN        |     14000 | NS      | $30585.57     | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Hindalco Industries Ltd.                         | Hindalco Industries Ltd.                                  | CUSIP: N/A<br>LEI: 335800KXLE5NO5B4GF90       | Long             | EC               | CORP              | IN        |      4765 | NS      | $35217.92     | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| KT Corp.                                         | KT Corp.                                                  | CUSIP: 48268K101<br>LEI: 9884005ACF8449EANY26 | Long             | EC               | CORP              | KR        |      1313 | NS      | $25550.98     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Hana Financial Group, Inc.                       | Hana Financial Group, Inc.                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |       209 | NS      | $9478.18      | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Weichai Power Co. Ltd.                           | Weichai Power Co. Ltd., Class A                           | CUSIP: N/A<br>LEI: 529900OKTPKBG85F9502       | Long             | EC               | CORP              | CN        |       600 | NS      | $1257.35      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Grupo Financiero Banorte SAB de CV               | Grupo Financiero Banorte SAB de CV, Class O               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MX        |      7331 | NS      | $62859.57     | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| LUKOIL PJSC                                      | LUKOIL PJSC                                               | CUSIP: N/A<br>LEI: 549300LCJ1UJXHYBWI24       | Long             | EC               | CORP              | RU        |      2410 | NS      | $0.29         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| LG Electronics, Inc.                             | LG Electronics, Inc.                                      | CUSIP: N/A<br>LEI: 988400RMQFTGZIOG0609       | Long             | EC               | CORP              | KR        |       202 | NS      | $10139.51     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| HCL Technologies Ltd.                            | HCL Technologies Ltd.                                     | CUSIP: N/A<br>LEI: 549300C1F8OLYSOQYB65       | Long             | EC               | CORP              | IN        |      5103 | NS      | $94650.03     | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung C&T Corp.                                | Samsung C&T Corp.                                         | CUSIP: N/A<br>LEI: 988400GFRE4IDFPE9E64       | Long             | EC               | CORP              | KR        |       498 | NS      | $42857.57     | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| America Movil SAB de CV                          | America Movil SAB de CV                                   | CUSIP: 02390A101<br>LEI: 5493000FNR3UCEAONM59 | Long             | EC               | CORP              | MX        |       922 | NS      | $15895.28     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Infosys Ltd.                                     | Infosys Ltd.                                              | CUSIP: N/A<br>LEI: 335800TYLGG93MM7PR89       | Long             | EC               | CORP              | IN        |      4358 | NS      | $77040.44     | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| UPL Ltd.                                         | UPL Ltd.                                                  | CUSIP: N/A<br>LEI: 335800RJSM1SLHO4UA95       | Long             | EC               | CORP              | IN        |      4466 | NS      | $35418.51     | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Hanon Systems                                    | Hanon Systems                                             | CUSIP: N/A<br>LEI: 5493004WIDNO4WOEYG91       | Long             | EC               | CORP              | KR        |      2736 | NS      | $6856.21      | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| MTN Group Ltd.                                   | MTN Group Ltd.                                            | CUSIP: N/A<br>LEI: 2549009JD6Q6XHZS5E05       | Long             | EC               | CORP              | ZA        |      3945 | NS      | $26109.27     | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Huatai Securities Co. Ltd.                       | Huatai Securities Co. Ltd., Class A                       | CUSIP: N/A<br>LEI: 3003009ABT0UCWO79Q77       | Long             | EC               | CORP              | CN        |     35700 | NS      | $78910.40     | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| APL Apollo Tubes Ltd.                            | APL Apollo Tubes Ltd.                                     | CUSIP: N/A<br>LEI: 335800ZU4GXSB7Q4IU95       | Long             | EC               | CORP              | IN        |      1113 | NS      | $21275.38     | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Migros Ticaret A/S                               | Migros Ticaret A/S                                        | CUSIP: N/A<br>LEI: 5493002IOWNT1QZMAA74       | Long             | EC               | CORP              | TR        |      1344 | NS      | $16759.91     | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| China Life Insurance Co. Ltd.                    | China Life Insurance Co. Ltd., Class H                    | CUSIP: N/A<br>LEI: 549300J6TFLDXGH6S048       | Long             | EC               | CORP              | CN        |     48000 | NS      | $87724.62     | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Hansoh Pharmaceutical Group Co. Ltd.             | Hansoh Pharmaceutical Group Co. Ltd.                      | CUSIP: N/A<br>LEI: 254900Q6MR00EBXTPF42       | Long             | EC               | CORP              | KY        |      4000 | NS      | $12395.89     | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Electronics Co. Ltd.                     | Samsung Electronics Co. Ltd.                              | CUSIP: N/A<br>LEI: 9884007ER46L6N7EI764       | Long             | EC               | CORP              | KR        |      9217 | NS      | $359624.65    | 3.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Mahindra & Mahindra Ltd.                         | Mahindra & Mahindra Ltd.                                  | CUSIP: N/A<br>LEI: 3358003B573EV4KB4Z02       | Long             | EC               | CORP              | IN        |      2034 | NS      | $70472.43     | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| XPeng, Inc.                                      | XPeng, Inc., Class A                                      | CUSIP: N/A<br>LEI: 549300TZNMIREMWQU857       | Long             | EC               | CORP              | KY        |      1600 | NS      | $14894.43     | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-04-30

**Name of Applicant:** BlackRock Funds

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer