# EDGAR Filing Document

**Accession Number:** 0000930667
**File Stem:** 0001752724-25-177837
**Filing Date:** 2025-7
**Character Count:** 94504
**Document Hash:** ee3a48f13e16e62578135825f5e8ae57
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-177837.hdr.sgml**: 20250725

**ACCESSION NUMBER**: 0001752724-25-177837

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250725

**DATE AS OF CHANGE**: 20250725

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** iShares, Inc.
- **CENTRAL INDEX KEY:** 0000930667

**ORGANIZATION NAME:**
- **EIN:** 510396525
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09102
- **FILM NUMBER:** 251149396

**BUSINESS ADDRESS:**
- **STREET 1:** 400 HOWARD STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105
- **BUSINESS PHONE:** (415) 670-2000

**MAIL ADDRESS:**
- **STREET 1:** 400 HOWARD STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** iSHARES INC
- **DATE OF NAME CHANGE:** 20070126

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ISHARES INC
- **DATE OF NAME CHANGE:** 20000516

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WEBS INDEX FUND INC
- **DATE OF NAME CHANGE:** 19970211

## Series and Classes Contracts Data

### iShares MSCI Global Energy Producers ETF (Series ID: S000035884)

| Class ID   | Class Name                               | Ticker Symbol   |
|:---|:---|:---|
| C000109987 | iShares MSCI Global Energy Producers ETF | FILL            |

## Nport-Ex

Schedule of Investments (unaudited)

May 31, 2025

**iShares® MSCI Global Energy Producers ETF**

**(Percentages shown are based on Net Assets)**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Common Stocks** | **Common Stocks** | **Common Stocks** |
| **Australia — 2.2%** | **Australia — 2.2%** | **Australia — 2.2%** |
| Beach Energy Ltd. | &nbsp;&nbsp;&nbsp; 49623 | $43008 |
| Boss Energy Ltd. <sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 13350 | 34262 |
| Deep Yellow Ltd.<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 29329 | 25449 |
| Karoon Energy Ltd.<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 23987 | 25737 |
| New Hope Corp. Ltd. | &nbsp;&nbsp;&nbsp; 15682 | 37592 |
| Paladin Energy Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 10028 | 40328 |
| Paladin Energy Ltd., NVS<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 2648 | 10477 |
| Santos Ltd. | &nbsp;&nbsp;&nbsp; 103090 | 437863 |
| Whitehaven Coal Ltd.<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 26390 | 94555 |
| Woodside Energy Group Ltd. | &nbsp;&nbsp;&nbsp; 60270 | 865431 |
| Yancoal Australia Ltd., NVS | &nbsp;&nbsp;&nbsp; 12256 | 41319 |
|  |  | 1656021 |
| **Austria — 0.3%** | **Austria — 0.3%** | **Austria — 0.3%** |
| OMV AG | &nbsp;&nbsp;&nbsp; 4675 | 250059 |
| **Brazil — 1.2%** | **Brazil — 1.2%** | **Brazil — 1.2%** |
| Brava Energia | &nbsp;&nbsp;&nbsp; 11539 | 38130 |
| Petroleo Brasileiro SA - Petrobras | &nbsp;&nbsp;&nbsp; 118114 | 679628 |
| Petroreconcavo SA | &nbsp;&nbsp;&nbsp; 4516 | 11425 |
| PRIO SA<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 27029 | 184069 |
|  |  | 913252 |
| **Canada — 10.2%** | **Canada — 10.2%** | **Canada — 10.2%** |
| Advantage Energy Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5297 | 43153 |
| ARC Resources Ltd. | &nbsp;&nbsp;&nbsp; 18560 | 387875 |
| Athabasca Oil Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 16197 | 60900 |
| Baytex Energy Corp. | &nbsp;&nbsp;&nbsp; 21295 | 34603 |
| Birchcliff Energy Ltd. | &nbsp;&nbsp;&nbsp; 8710 | 41127 |
| Cameco Corp. | &nbsp;&nbsp;&nbsp; 13818 | 808932 |
| Canadian Natural Resources Ltd. | &nbsp;&nbsp;&nbsp; 66634 | 2023273 |
| Cardinal Energy Ltd.<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 3979 | 17831 |
| Cenovus Energy Inc. | &nbsp;&nbsp;&nbsp; 43414 | 571957 |
| Denison Mines Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 27242 | 42679 |
| Energy Fuels Inc./Canada<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 6340 | 31045 |
| Freehold Royalties Ltd. | &nbsp;&nbsp;&nbsp; 4424 | 38813 |
| Headwater Exploration Inc. | &nbsp;&nbsp;&nbsp; 7300 | 33193 |
| Imperial Oil Ltd. | &nbsp;&nbsp;&nbsp; 5655 | 403743 |
| International Petroleum Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2414 | 35057 |
| Kelt Exploration Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5408 | 26324 |
| MEG Energy Corp. | &nbsp;&nbsp;&nbsp; 8189 | 143331 |
| Meren Energy Inc. | &nbsp;&nbsp;&nbsp; 13437 | 17624 |
| NexGen Energy Ltd.<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 17161 | 105791 |
| NuVista Energy Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5165 | 52013 |
| Ovintiv Inc. | &nbsp;&nbsp;&nbsp; 8283 | 296697 |
| Paramount Resources Ltd., Class A | &nbsp;&nbsp;&nbsp; 2474 | 34342 |
| Parex Resources Inc. | &nbsp;&nbsp;&nbsp; 3187 | 31514 |
| Peyto Exploration & Development Corp. | &nbsp;&nbsp;&nbsp; 6166 | 83121 |
| PrairieSky Royalty Ltd. | &nbsp;&nbsp;&nbsp; 6745 | 113732 |
| Suncor Energy Inc. | &nbsp;&nbsp;&nbsp; 39366 | 1399546 |
| Tamarack Valley Energy Ltd. | &nbsp;&nbsp;&nbsp; 16754 | 53350 |
| Topaz Energy Corp. | &nbsp;&nbsp;&nbsp; 3576 | 65535 |
| Tourmaline Oil Corp. | &nbsp;&nbsp;&nbsp; 11286 | 508892 |
| Vermilion Energy Inc. | &nbsp;&nbsp;&nbsp; 4938 | 32240 |
| Whitecap Resources Inc. | &nbsp;&nbsp;&nbsp; 39163 | 244278 |
|  |  | 7782511 |
| **China — 2.0%** | **China — 2.0%** | **China — 2.0%** |
| CGN Mining Co. Ltd.<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 95000 | 20753 |
| China Coal Energy Co. Ltd., Class H | &nbsp;&nbsp;&nbsp; 64000 | 71636 |
| China Shenhua Energy Co. Ltd., Class A | &nbsp;&nbsp;&nbsp; 13000 | 71228 |
| China Shenhua Energy Co. Ltd., Class H | &nbsp;&nbsp;&nbsp; 107000 | 450971 |
| Guanghui Energy Co. Ltd., Class A | &nbsp;&nbsp;&nbsp; 10900 | 8950 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **China (continued)** | **China (continued)** | **China (continued)** |
| Inner Mongolia Dian Tou Energy Corp. Ltd., Class A  | &nbsp;&nbsp;&nbsp; 4500 | $12324 |
| Inner Mongolia Yitai Coal Co. Ltd., Class B | &nbsp;&nbsp;&nbsp; 30900 | 62814 |
| Kinetic Development Group Ltd. | &nbsp;&nbsp;&nbsp; 84000 | 12395 |
| PetroChina Co. Ltd., Class A | &nbsp;&nbsp;&nbsp; 39600 | 45491 |
| PetroChina Co. Ltd., Class H | &nbsp;&nbsp;&nbsp; 668000 | 559045 |
| Shaanxi Coal Industry Co. Ltd., Class A | &nbsp;&nbsp;&nbsp; 18200 | 52579 |
| Shanxi Coking Coal Energy Group Co. Ltd., Class A | &nbsp;&nbsp;&nbsp; 11610 | 9671 |
| &nbsp;&nbsp;&nbsp; Shanxi Lu'an Environmental Energy Development Co. <br> Ltd., Class A<br>| &nbsp;&nbsp;&nbsp; 6100 | 9074 |
| United Energy Group Ltd. | &nbsp;&nbsp;&nbsp; 214000 | 12803 |
| Yankuang Energy Group Co. Ltd., Class A | &nbsp;&nbsp;&nbsp; 11320 | 20180 |
| Yankuang Energy Group Co. Ltd., Class H | &nbsp;&nbsp;&nbsp; 106000 | 125773 |
|  |  | 1545687 |
| **Finland — 0.2%** | **Finland — 0.2%** | **Finland — 0.2%** |
| Neste OYJ | &nbsp;&nbsp;&nbsp; 13456 | 144348 |
| **France — 5.0%** | **France — 5.0%** | **France — 5.0%** |
| Esso SA Francaise | &nbsp;&nbsp;&nbsp; 83 | 12758 |
| Etablissements Maurel et Prom SA | &nbsp;&nbsp;&nbsp; 1735 | 9427 |
| TotalEnergies SE | &nbsp;&nbsp;&nbsp; 64850 | 3817601 |
|  |  | 3839786 |
| **Greece — 0.1%** | **Greece — 0.1%** | **Greece — 0.1%** |
| HELLENiQ ENERGY Holdings SA | &nbsp;&nbsp;&nbsp; 3253 | 27929 |
| Motor Oil Hellas Corinth Refineries SA | &nbsp;&nbsp;&nbsp; 2081 | 55508 |
|  |  | 83437 |
| **Hungary — 0.1%** | **Hungary — 0.1%** | **Hungary — 0.1%** |
| MOL Hungarian Oil & Gas PLC | &nbsp;&nbsp;&nbsp; 13005 | 112456 |
| **India — 5.7%** | **India — 5.7%** | **India — 5.7%** |
| Bharat Petroleum Corp. Ltd. | &nbsp;&nbsp;&nbsp; 48463 | 180641 |
| Chennai Petroleum Corp. Ltd. | &nbsp;&nbsp;&nbsp; 1654 | 13084 |
| Coal India Ltd. | &nbsp;&nbsp;&nbsp; 58685 | 272840 |
| Gujarat Mineral Development Corp. Ltd. | &nbsp;&nbsp;&nbsp; 2593 | 10848 |
| Hindustan Petroleum Corp. Ltd. | &nbsp;&nbsp;&nbsp; 30231 | 145456 |
| Indian Oil Corp. Ltd. | &nbsp;&nbsp;&nbsp; 89646 | 148934 |
| Oil & Natural Gas Corp. Ltd. | &nbsp;&nbsp;&nbsp; 98947 | 277187 |
| Oil India Ltd. | &nbsp;&nbsp;&nbsp; 15684 | 78330 |
| Reliance Industries Ltd. | &nbsp;&nbsp;&nbsp; 164897 | 2742588 |
| Reliance Industries Ltd., GDR<sup>(c)</sup> | &nbsp;&nbsp;&nbsp; 7244 | 476669 |
|  |  | 4346577 |
| **Indonesia — 0.3%** | **Indonesia — 0.3%** | **Indonesia — 0.3%** |
| Alamtri Resources Indonesia Tbk PT | &nbsp;&nbsp;&nbsp; 426000 | 57535 |
| Bukit Asam Tbk PT | &nbsp;&nbsp;&nbsp; 121600 | 21564 |
| Bumi Resources Tbk PT<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 3383800 | 24401 |
| Indo Tambangraya Megah Tbk PT | &nbsp;&nbsp;&nbsp; 12800 | 17752 |
| Medco Energi Internasional Tbk PT | &nbsp;&nbsp;&nbsp; 249012 | 18707 |
| Sugih Energy Tbk PT<sup>(a)(d)</sup> | &nbsp;&nbsp;&nbsp; 206700 |  |
| United Tractors Tbk PT | &nbsp;&nbsp;&nbsp; 47500 | 65398 |
|  |  | 205357 |
| **Israel — 0.2%** | **Israel — 0.2%** | **Israel — 0.2%** |
| Delek Group Ltd. | &nbsp;&nbsp;&nbsp; 296 | 52214 |
| Equital Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 718 | 26913 |
| Oil Refineries Ltd. | &nbsp;&nbsp;&nbsp; 76381 | 19673 |
| Paz Retail & Energy Ltd. | &nbsp;&nbsp;&nbsp; 280 | 44211 |
|  |  | 143011 |
| **Italy — 1.4%** | **Italy — 1.4%** | **Italy — 1.4%** |
| Eni SpA | &nbsp;&nbsp;&nbsp; 69919 | 1031098 |
| **Japan — 1.4%** | **Japan — 1.4%** | **Japan — 1.4%** |
| Cosmo Energy Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp; 1636 | 69005 |
| ENEOS Holdings Inc. | &nbsp;&nbsp;&nbsp; 86600 | 410319 |

---

------

Schedule of Investments (unaudited)(continued)

May 31, 2025

**iShares® MSCI Global Energy Producers ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Japan (continued)** | **Japan (continued)** | **Japan (continued)** |
| Idemitsu Kosan Co. Ltd. | &nbsp;&nbsp;&nbsp; 25840 | $157393 |
| Inpex Corp. | &nbsp;&nbsp;&nbsp; 28000 | 374410 |
| Japan Petroleum Exploration Co. Ltd. | &nbsp;&nbsp;&nbsp; 4900 | 33944 |
|  |  | 1045071 |
| **Norway — 1.2%** | **Norway — 1.2%** | **Norway — 1.2%** |
| Aker BP ASA | &nbsp;&nbsp;&nbsp; 10031 | 230818 |
| BlueNord ASA<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 770 | 44431 |
| DNO ASA | &nbsp;&nbsp;&nbsp; 14740 | 17554 |
| Equinor ASA | &nbsp;&nbsp;&nbsp; 26594 | 622587 |
|  |  | 915390 |
| **Philippines — 0.0%** | **Philippines — 0.0%** | **Philippines — 0.0%** |
| Semirara Mining & Power Corp., Class A | &nbsp;&nbsp;&nbsp; 29200 | 17009 |
| **Poland — 0.5%** | **Poland — 0.5%** | **Poland — 0.5%** |
| ORLEN SA | &nbsp;&nbsp;&nbsp; 18425 | 362044 |
| **Portugal — 0.3%** | **Portugal — 0.3%** | **Portugal — 0.3%** |
| Galp Energia SGPS SA | &nbsp;&nbsp;&nbsp; 13244 | 212027 |
| **Russia — 0.0%** | **Russia — 0.0%** | **Russia — 0.0%** |
| Rosneft Oil Co. PJSC<sup>(a)(d)</sup> | &nbsp;&nbsp;&nbsp; 47821 | 6 |
| **Saudi Arabia — 1.7%** | **Saudi Arabia — 1.7%** | **Saudi Arabia — 1.7%** |
| Saudi Arabian Oil Co.<sup>(c)</sup> | &nbsp;&nbsp;&nbsp; 192037 | 1278410 |
| **South Africa — 0.1%** | **South Africa — 0.1%** | **South Africa — 0.1%** |
| Exxaro Resources Ltd. | &nbsp;&nbsp;&nbsp; 7645 | 62495 |
| Thungela Resources Ltd. | &nbsp;&nbsp;&nbsp; 4150 | 21104 |
|  |  | 83599 |
| **South Korea — 0.4%** | **South Korea — 0.4%** | **South Korea — 0.4%** |
| HD Hyundai Co. Ltd. | &nbsp;&nbsp;&nbsp; 1388 | 112135 |
| SK Innovation Co. Ltd. | &nbsp;&nbsp;&nbsp; 2165 | 140274 |
| S-Oil Corp. | &nbsp;&nbsp;&nbsp; 1393 | 54835 |
|  |  | 307244 |
| **Spain — 0.6%** | **Spain — 0.6%** | **Spain — 0.6%** |
| Repsol SA | &nbsp;&nbsp;&nbsp; 36738 | 494969 |
| **Thailand — 0.3%** | **Thailand — 0.3%** | **Thailand — 0.3%** |
| Bangchak Corp. PCL, NVDR<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 17500 | 19291 |
| Banpu PCL, NVDR | &nbsp;&nbsp;&nbsp; 272700 | 38500 |
| IRPC PCL, NVDR | &nbsp;&nbsp;&nbsp; 325300 | 8122 |
| PTT Exploration & Production PCL, NVDR | &nbsp;&nbsp;&nbsp; 44031 | 131201 |
| Star Petroleum Refining PCL, NVDR | &nbsp;&nbsp;&nbsp; 60700 | 10536 |
| Thai Oil PCL, NVDR | &nbsp;&nbsp;&nbsp; 40200 | 36347 |
|  |  | 243997 |
| **Turkey — 0.1%** | **Turkey — 0.1%** | **Turkey — 0.1%** |
| Turkiye Petrol Rafinerileri AS | &nbsp;&nbsp;&nbsp; 30287 | 95798 |
| **United Arab Emirates — 0.0%** | **United Arab Emirates — 0.0%** | **United Arab Emirates — 0.0%** |
| Dana Gas PJSC | &nbsp;&nbsp;&nbsp; 168145 | 32954 |
| **United Kingdom — 11.7%** | **United Kingdom — 11.7%** | **United Kingdom — 11.7%** |
| BP PLC | &nbsp;&nbsp;&nbsp; 508413 | 2471952 |
| Diversified Energy Co. PLC | &nbsp;&nbsp;&nbsp; 1766 | 24911 |
| Energean PLC | &nbsp;&nbsp;&nbsp; 4387 | 54291 |
| Harbour Energy PLC | &nbsp;&nbsp;&nbsp; 18077 | 43370 |
| Serica Energy PLC | &nbsp;&nbsp;&nbsp; 9022 | 18652 |
| Shell PLC | &nbsp;&nbsp;&nbsp; 190005 | 6269197 |
| Yellow Cake PLC<sup>(a)(c)</sup> | &nbsp;&nbsp;&nbsp; 6703 | 43580 |
|  |  | 8925953 |
| **United States — 51.5%** | **United States — 51.5%** | **United States — 51.5%** |
| Antero Resources Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 9384 | 351431 |
| APA Corp. | &nbsp;&nbsp;&nbsp; 11522 | 195989 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **United States (continued)** | **United States (continued)** | **United States (continued)** |
| BKV Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 529 | $11374 |
| California Resources Corp. | &nbsp;&nbsp;&nbsp; 2001 | 88384 |
| Calumet Inc.<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 2391 | 33426 |
| Centrus Energy Corp., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 510 | 64729 |
| Chevron Corp. | &nbsp;&nbsp;&nbsp; 52672 | 7200262 |
| Chord Energy Corp. | &nbsp;&nbsp;&nbsp; 1905 | 171450 |
| Civitas Resources Inc. | &nbsp;&nbsp;&nbsp; 2558 | 70012 |
| CNX Resources Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4653 | 150199 |
| Comstock Resources Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2751 | 64098 |
| ConocoPhillips | &nbsp;&nbsp;&nbsp; 40127 | 3424839 |
| Core Natural Resources Inc. | &nbsp;&nbsp;&nbsp; 1693 | 117325 |
| Coterra Energy Inc. | &nbsp;&nbsp;&nbsp; 24254 | 589615 |
| Crescent Energy Co., Class A | &nbsp;&nbsp;&nbsp; 6083 | 51036 |
| CVR Energy Inc. | &nbsp;&nbsp;&nbsp; 1076 | 25168 |
| Delek U.S. Holdings Inc. | &nbsp;&nbsp;&nbsp; 1944 | 37422 |
| Devon Energy Corp. | &nbsp;&nbsp;&nbsp; 19576 | 592370 |
| Diamondback Energy Inc. | &nbsp;&nbsp;&nbsp; 6068 | 816449 |
| EOG Resources Inc. | &nbsp;&nbsp;&nbsp; 17507 | 1900735 |
| EQT Corp. | &nbsp;&nbsp;&nbsp; 18016 | 993222 |
| Expand Energy Corp. | &nbsp;&nbsp;&nbsp; 6648 | 772032 |
| Exxon Mobil Corp. | &nbsp;&nbsp;&nbsp; 137292 | 14044972 |
| Granite Ridge Resources Inc. | &nbsp;&nbsp;&nbsp; 1817 | 10212 |
| Gulfport Energy Corp.<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 475 | 90962 |
| Hess Corp. | &nbsp;&nbsp;&nbsp; 9327 | 1232936 |
| HF Sinclair Corp. | &nbsp;&nbsp;&nbsp; 5083 | 183649 |
| HighPeak Energy Inc.<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 803 | 7942 |
| Kimbell Royalty Partners LP | &nbsp;&nbsp;&nbsp; 2643 | 34623 |
| Kosmos Energy Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 14540 | 24136 |
| Magnolia Oil & Gas Corp., Class A | &nbsp;&nbsp;&nbsp; 5640 | 121260 |
| Marathon Petroleum Corp. | &nbsp;&nbsp;&nbsp; 9889 | 1589558 |
| Matador Resources Co. | &nbsp;&nbsp;&nbsp; 3790 | 163008 |
| Murphy Oil Corp. | &nbsp;&nbsp;&nbsp; 4413 | 92364 |
| Northern Oil & Gas Inc. | &nbsp;&nbsp;&nbsp; 3021 | 80298 |
| Occidental Petroleum Corp. | &nbsp;&nbsp;&nbsp; 22358 | 911759 |
| Par Pacific Holdings Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1681 | 36293 |
| PBF Energy Inc., Class A | &nbsp;&nbsp;&nbsp; 2683 | 51111 |
| Peabody Energy Corp. | &nbsp;&nbsp;&nbsp; 3910 | 51456 |
| Permian Resources Corp., Class A, NVS | &nbsp;&nbsp;&nbsp; 19159 | 241595 |
| Range Resources Corp. | &nbsp;&nbsp;&nbsp; 7622 | 289941 |
| Riley Exploration Permian Inc. | &nbsp;&nbsp;&nbsp; 306 | 7852 |
| Sable Offshore Corp.<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 1387 | 39918 |
| Sitio Royalties Corp., Class A | &nbsp;&nbsp;&nbsp; 2549 | 43511 |
| SM Energy Co. | &nbsp;&nbsp;&nbsp; 3552 | 83188 |
| Talos Energy Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4241 | 34098 |
| Texas Pacific Land Corp.<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 620 | 690699 |
| Uranium Energy Corp.<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 13624 | 80790 |
| Valero Energy Corp. | &nbsp;&nbsp;&nbsp; 9982 | 1287379 |
| Viper Energy Inc., Class A, NVS | &nbsp;&nbsp;&nbsp; 4168 | 165428 |
| Vital Energy Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 890 | 13243 |
| Vitesse Energy Inc. | &nbsp;&nbsp;&nbsp; 919 | 19235 |
|  |  | 39444983 |
| **Total Common Stocks — 98.7%** <br>**(Cost: $67,780,908)** | **Total Common Stocks — 98.7%** <br>**(Cost: $67,780,908)** | 75513054 |

---

------

Schedule of Investments (unaudited)(continued)

May 31, 2025

**iShares® MSCI Global Energy Producers ETF**

**(Percentages shown are based on Net Assets)**

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Preferred Stocks** | **Preferred Stocks** | **Preferred Stocks** |
| **Brazil — 1.0%** | **Brazil — 1.0%** | **Brazil — 1.0%** |
| &nbsp;&nbsp;&nbsp; Petroleo Brasileiro SA - Petrobras, Preference <br> Shares, NVS<br>| &nbsp;&nbsp;&nbsp; 146949 | $793902 |
| **Total Preferred Stocks — 1.0%** <br>**(Cost: $503,763)** | **Total Preferred Stocks — 1.0%** <br>**(Cost: $503,763)** | 793902 |
| **Total Long-Term Investments — 99.7%** <br>**(Cost: $68,284,671)** | **Total Long-Term Investments — 99.7%** <br>**(Cost: $68,284,671)** | 76306956 |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 1.8%** | **Money Market Funds — 1.8%** | **Money Market Funds — 1.8%** |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Institutional, SL Agency Shares, <br> 4.46%<sup>(e)(f)(g)</sup><br>| &nbsp;&nbsp;&nbsp; 1361956 | 1362501 |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL Agency Shares, <br> 4.30%<sup>(e)(f)</sup><br>| &nbsp;&nbsp;&nbsp; 10000 | 10000 |
| **Total Short-Term Securities — 1.8%** <br>**(Cost: $1,372,559)** | **Total Short-Term Securities — 1.8%** <br>**(Cost: $1,372,559)** | 1372501 |
| **Total Investments — 101.5%** <br>**(Cost: $69,657,230)** | **Total Investments — 101.5%** <br>**(Cost: $69,657,230)** | 77679457 |
| **Liabilities in Excess of Other Assets — (1.5)%** | **Liabilities in Excess of Other Assets — (1.5)%** | (1149041)<br>|
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | $76530416 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> Non-income producing security.

<sup>(b)</sup> All or a portion of this security is on loan.

<sup>(c)</sup> 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. 

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

<sup>(e)</sup> Affiliate of the Fund.

<sup>(f)</sup> Annualized 7-day yield as of period end.

<sup>(g)</sup> 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 May 31, 2025 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at* <br>*08/31/24*<br>| &nbsp;&nbsp; *Proceeds* <br>*from Sales*<br>| *Net Realized* <br>*Gain (Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*05/31/25*<br>| *Shares* <br>*Held at* <br>*05/31/25*<br>| *Income* | &nbsp;&nbsp; *Capital* <br>*Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Institutional, SL Agency <br> Shares<br>| $495074<br> $867667 <br><sup>(a)</sup><br>| $— | $99 | $(339)<br>| $1362501 | 1361956 | $5536 <br><sup>(b)</sup><br>| $— |
| BlackRock Cash Funds: Treasury, SL Agency Shares | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; —<br> 10000 <br><sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 10000 | 10000 | &nbsp;&nbsp;&nbsp; 5403 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
|  |  |  | $99 | $(339) | $1372501 |  | $10939 | $— |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> Represents net amount purchased (sold).

<sup>(b)</sup> 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. 

**Derivative Financial Instruments Outstanding as of Period End**

**Futures Contracts** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| *Description* | &nbsp;&nbsp; *Number of* <br>*Contracts*<br>| &nbsp;&nbsp; *Expiration* <br>*Date*<br>| *Notional* <br>*Amount* <br>*(000)*<br>| &nbsp;&nbsp; *Value/* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>|
| Long Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp; E-Mini Energy Select Sector Index | &nbsp;&nbsp;&nbsp; 3 | 06/20/25 | &nbsp;&nbsp; $256 | $(12051) |

---

------

Schedule of Investments (unaudited)(continued)

May 31, 2025

**iShares® MSCI Global Energy Producers ETF**

**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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• 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.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Assets  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-Term Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common Stocks | &nbsp;&nbsp; $48285018 | &nbsp;&nbsp; $27228030 | &nbsp;&nbsp; $6 | &nbsp;&nbsp; $75513054 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Preferred Stocks | &nbsp;&nbsp; 793902 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 793902 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Short-Term Securities  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp; 1372501 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 1372501 |
|  | &nbsp;&nbsp; $50451421 | &nbsp;&nbsp; $27228030 | &nbsp;&nbsp; $6 | &nbsp;&nbsp; $77679457 |
| Derivative Financial Instruments<sup>(a)</sup>  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Liabilities  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity Contracts | &nbsp;&nbsp; $(12051)<br>| &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $(12051)<br>|

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| **Portfolio Abbreviation** | **Portfolio Abbreviation** |
| GDR | Global Depositary Receipt |
| NVDR | Non-Voting Depositary Receipt |
| NVS | Non-Voting Shares |
| PJSC | Public Joint Stock Company |

---

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** iShares, Inc.

- **b. Investment Company Act file number:** 811-09102

- **c. CIK number of Registrant:** 0000930667

- **d. LEI of Registrant:** 549300MGJZCNMJLBAJ67

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

  - **Street Address 1:** 400 HOWARD STREET

  - **City:** SAN FRANCISCO

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94105

  - **Telephone number:** 800-474-2737

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

- **a. Name of Series:** iShares MSCI Global Energy Producers ETF

- **b. EDGAR series identifier (if any):** S000035884

- **c. LEI of Series:** 549300F2FT5HRVB0DA32

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

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-05-31

**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:** $79783196.75

**Total Liabilities:** $3251101.36

**Net Assets:** $76532095.39

**Cash Not Reported:** $260055.38

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000109987 | 5.19%                | -11.15%              | 2.99%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1534443.44              | $2611173.29                                |
| Month 2  | $-5431.23                | $-9367822.18                               |
| Month 3  | $-13918.81               | $1831172.96                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Paladin Energy Ltd                                   | Paladin Energy Ltd                                    | CUSIP: 000000000<br>LEI: 549300M44UTJAP8J6B37 | Long             | EC               | CORP              | AU        |     10028 | NS      | $40327.87     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Serica Energy PLC                                    | Serica Energy PLC                                     | CUSIP: 000000000<br>LEI: 213800EZZOKA815VC426 | Long             | EC               | CORP              | GB        |      9022 | NS      | $18651.46     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Cosmo Energy Holdings Co Ltd                         | Cosmo Energy Holdings Co Ltd                          | CUSIP: 000000000<br>LEI: 353800Y4GZ7KR5X7L150 | Long             | EC               | CORP              | JP        |      1836 | NS      | $77441.04     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Advantage Energy Ltd                                 | Advantage Energy Ltd                                  | CUSIP: 00791P107<br>LEI: 549300WK5YRPOB2DTT64 | Long             | EC               | CORP              | CA        |      5297 | NS      | $43152.59     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| EQT Corp                                             | EQT Corp                                              | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |     17746 | NS      | $978336.98    | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Peabody Energy Corp                                  | Peabody Energy Corp                                   | CUSIP: 704551100<br>LEI: EJCO258LNNVSKAR2JX59 | Long             | EC               | CORP              | US        |      3910 | NS      | $51455.60     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Oil India Ltd                                        | Oil India Ltd                                         | CUSIP: 000000000<br>LEI: 335800XXEP14XISP1A16 | Long             | EC               | CORP              | IN        |     15072 | NS      | $75273.42     | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| OMV AG                                               | OMV AG                                                | CUSIP: 000000000<br>LEI: 549300V62YJ9HTLRI486 | Long             | EC               | CORP              | AT        |      4611 | NS      | $246635.83    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| SK Innovation Co Ltd                                 | SK Innovation Co Ltd                                  | CUSIP: 000000000<br>LEI: 988400PXP70BWVSJVF07 | Long             | EC               | CORP              | KR        |      2114 | NS      | $136969.70    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| China Coal Energy Co Ltd                             | China Coal Energy Co Ltd                              | CUSIP: 000000000<br>LEI: 529900KRC89344UI3Z10 | Long             | EC               | CORP              | CN        |     64000 | NS      | $71636.18     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Tamarack Valley Energy Ltd                           | Tamarack Valley Energy Ltd                            | CUSIP: 87505Y409<br>LEI: 549300TLKPX8BE14MH06 | Long             | EC               | CORP              | CA        |     16754 | NS      | $53350.08     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Parex Resources Inc                                  | Parex Resources Inc                                   | CUSIP: 69946Q104<br>LEI: 549300U7LWRGTY6XWK67 | Long             | EC               | CORP              | CA        |      3187 | NS      | $31513.53     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Energean PLC                                         | Energean PLC                                          | CUSIP: 000000000<br>LEI: 549300RVMKU0CYUZBB05 | Long             | EC               | CORP              | GB        |      4928 | NS      | $60985.99     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| MEG Energy Corp                                      | MEG Energy Corp                                       | CUSIP: 552704108<br>LEI: 5493002WXPTG5ZC1T326 | Long             | EC               | CORP              | CA        |      8189 | NS      | $143330.62    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Hess Corp                                            | Hess Corp                                             | CUSIP: 42809H107<br>LEI: UASVRYNXNK17ULIGK870 | Long             | EC               | CORP              | US        |      8696 | NS      | $1149524.24   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| BP PLC                                               | BP PLC                                                | CUSIP: 000000000<br>LEI: 213800LH1BZH3DI6G760 | Long             | EC               | CORP              | GB        |    505650 | NS      | $2458518.21   | 3.21%             |  |  |  | No            |                  2 | On Loan: No      |
| China Shenhua Energy Co Ltd                          | China Shenhua Energy Co Ltd                           | CUSIP: 000000000<br>LEI: 529900N9JOX4C108MA40 | Long             | EC               | CORP              | CN        |     13000 | NS      | $71228.20     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Core Natural Resources Inc                           | Core Natural Resources Inc                            | CUSIP: 218937100<br>LEI: 549300YJCTPJBTK7IJ81 | Long             | EC               | CORP              | US        |      1693 | NS      | $117324.90    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Uranium Energy Corp                                  | Uranium Energy Corp                                   | CUSIP: 916896103<br>LEI: 549300VD69WD2USLIP04 | Long             | EC               | CORP              | US        |     13147 | NS      | $77961.71     | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Valero Energy Corp                                   | Valero Energy Corp                                    | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |      9930 | NS      | $1280672.10   | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Petroleum Corp                              | Marathon Petroleum Corp                               | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |     10072 | NS      | $1618973.28   | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Talos Energy Inc                                     | Talos Energy Inc                                      | CUSIP: 87484T108<br>LEI: 549300OKFHZ84SFJFT95 | Long             | EC               | CORP              | US        |      4241 | NS      | $34097.64     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Permian Resources Corp                               | Permian Resources Corp                                | CUSIP: 71424F105<br>LEI: 529900NXUJPOKU7OJ511 | Long             | EC               | CORP              | US        |     18810 | NS      | $237194.10    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| ARC Resources Ltd                                    | ARC Resources Ltd                                     | CUSIP: 00208D408<br>LEI: 5493000OCGNQZEVTDT08 | Long             | EC               | CORP              | CA        |     18560 | NS      | $387875.40    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Tourmaline Oil Corp                                  | Tourmaline Oil Corp                                   | CUSIP: 89156V106<br>LEI: 894500A5J1WTJ2WIUU03 | Long             | EC               | CORP              | CA        |     11104 | NS      | $500685.34    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Crescent Energy Co                                   | Crescent Energy Co                                    | CUSIP: 44952J104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5507 | NS      | $46203.73     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| BKV Corp                                             | BKV Corp                                              | CUSIP: 05603J108<br>LEI: 549300S3T4Z01TRFU656 | Long             | EC               | CORP              | US        |       529 | NS      | $11373.50     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Etablissements Maurel et Prom SA                     | Etablissements Maurel et Prom SA                      | CUSIP: 000000000<br>LEI: 969500ZTYI9C1C594X25 | Long             | EC               | CORP              | FR        |      1735 | NS      | $9427.02      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| IRPC PCL                                             | IRPC PCL                                              | CUSIP: 000000000<br>LEI: 254900IKV8DJ1C05JB68 | Long             | EC               | CORP              | TH        |    325300 | NS      | $8122.33      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| BLUENORD ASA                                         | BLUENORD ASA                                          | CUSIP: 000000000<br>LEI: 5967007LIEEXZXGE3C16 | Long             | EC               | CORP              | NO        |       770 | NS      | $44431.09     | 0.06%             |  |  |  | No            |                  2 | On Loan: —       |
| Yancoal Australia Ltd                                | Yancoal Australia Ltd                                 | CUSIP: 000000000<br>LEI: 3003003IC6G39HKQAD13 | Long             | EC               | CORP              | AU        |     12256 | NS      | $41318.83     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| EOG Resources Inc                                    | EOG Resources Inc                                     | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     17565 | NS      | $1907032.05   | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Shell PLC                                            | Shell PLC                                             | CUSIP: 000000000<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |    191180 | NS      | $6307966.07   | 8.24%             |  |  |  | No            |                  2 | On Loan: No      |
| CVR Energy Inc                                       | CVR Energy Inc                                        | CUSIP: 12662P108<br>LEI: 529900SOYZIXZBTXB558 | Long             | EC               | CORP              | US        |      1076 | NS      | $25167.64     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Sugih Energy Tbk PT                                  | Sugih Energy Tbk PT                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ID        |    206700 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Chicago Mercantile Exchange                          | XAE ENERGY JUN25                                      | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DE               |  | US        |         3 | NC      | $-12050.56    | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |
| Yankuang Energy Group Co Ltd                         | Yankuang Energy Group Co Ltd                          | CUSIP: 000000000<br>LEI: 3003005N7A6HYZ4Z0K39 | Long             | EC               | CORP              | CN        |      8585 | NS      | $15304.56     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| MOL Hungarian Oil & Gas PLC                          | MOL Hungarian Oil & Gas PLC                           | CUSIP: 000000000<br>LEI: 213800R83KX5FQFGXS67 | Long             | EC               | CORP              | HU        |     12655 | NS      | $109429.17    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Petroleum Exploration Co Ltd                   | Japan Petroleum Exploration Co Ltd                    | CUSIP: 000000000<br>LEI: 549300WXUNBZ356DMN17 | Long             | EC               | CORP              | JP        |      4200 | NS      | $29094.89     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Vital Energy Inc                                     | Vital Energy Inc                                      | CUSIP: 516806205<br>LEI: 549300X0PTWU2QSLSL14 | Long             | EC               | CORP              | US        |       890 | NS      | $13243.20     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Petroleo Brasileiro SA - Petrobras                   | Petroleo Brasileiro SA - Petrobras                    | CUSIP: 000000000<br>LEI: 5493000J801JZRCMFE49 | Long             | EP               | CORP              | BR        |    140323 | NS      | $758104.85    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance Industries Ltd                              | Reliance Industries Ltd                               | CUSIP: 000000000<br>LEI: 5493003UOETFYRONLG31 | Long             | EC               | CORP              | IN        |    162150 | NS      | $2696899.29   | 3.52%             |  |  |  | No            |                  2 | On Loan: No      |
| California Resources Corp                            | California Resources Corp                             | CUSIP: 13057Q305<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | EC               | CORP              | US        |      2001 | NS      | $88384.17     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Yankuang Energy Group Co Ltd                         | Yankuang Energy Group Co Ltd                          | CUSIP: 000000000<br>LEI: 3003005N7A6HYZ4Z0K39 | Long             | EC               | CORP              | CN        |    102000 | NS      | $121026.77    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Gujarat Mineral Development Corp Ltd                 | Gujarat Mineral Development Corp Ltd                  | CUSIP: 000000000<br>LEI: 335800B8OP5L7DH9VD35 | Long             | EC               | CORP              | IN        |      2593 | NS      | $10848.18     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Coterra Energy Inc                                   | Coterra Energy Inc                                    | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |     23115 | NS      | $561925.65    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxaro Resources Ltd                                 | Exxaro Resources Ltd                                  | CUSIP: 000000000<br>LEI: 378900BC3D9BFF4E4A37 | Long             | EC               | CORP              | ZA        |      7645 | NS      | $62494.93     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CGN Mining Co Ltd                                    | CGN Mining Co Ltd                                     | CUSIP: 000000000<br>LEI: 529900LQYG057CZAZT41 | Long             | EC               | CORP              | KY        |     95000 | NS      | $20753.22     | 0.03%             |  |  |  | No            |                  2 | On Loan: —       |
| Cenovus Energy Inc                                   | Cenovus Energy Inc                                    | CUSIP: 15135U109<br>LEI: 549300F4XPHJ7NOSP309 | Long             | EC               | CORP              | CA        |     42819 | NS      | $564118.13    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Range Resources Corp                                 | Range Resources Corp                                  | CUSIP: 75281A109<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | EC               | CORP              | US        |      7531 | NS      | $286479.24    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Civitas Resources Inc                                | Civitas Resources Inc                                 | CUSIP: 17888H103<br>LEI: IIVIHPH28S64K95M2381 | Long             | EC               | CORP              | US        |      2558 | NS      | $70012.46     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Star Petroleum Refining PCL                          | Star Petroleum Refining PCL                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |     60700 | NS      | $10536.00     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| United Energy Group Ltd                              | United Energy Group Ltd                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |    214000 | NS      | $12803.40     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Shanxi Lu'an Environmental Energy Development Co Ltd | Shanxi Lu'an Environmental Energy Development Co Ltd  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      6100 | NS      | $9074.09      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Headwater Exploration Inc                            | Headwater Exploration Inc                             | CUSIP: 422096107<br>LEI: 549300XIU4JQ0GKLRG88 | Long             | EC               | CORP              | CA        |      7300 | NS      | $33192.70     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| TotalEnergies SE                                     | TotalEnergies SE                                      | CUSIP: 000000000<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |     67683 | NS      | $3984374.17   | 5.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Bukit Asam Tbk PT                                    | Bukit Asam Tbk PT                                     | CUSIP: 000000000<br>LEI: 529900XX13TXG5L4CN33 | Long             | EC               | CORP              | ID        |    121600 | NS      | $21564.23     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| BlackRock Funds III                                  | BlackRock Cash Funds: Institutional, SL Agency Shares | CUSIP: 066922519<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |   1385332 | NS      | $1385886.12   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Kelt Exploration Ltd                                 | Kelt Exploration Ltd                                  | CUSIP: 488295106<br>LEI: 549300OBXGWYN1VOFC24 | Long             | EC               | CORP              | CA        |      5408 | NS      | $26323.78     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Suncor Energy Inc                                    | Suncor Energy Inc                                     | CUSIP: 867224107<br>LEI: 549300W70ZOQDVLCHY06 | Long             | EC               | CORP              | CA        |     39366 | NS      | $1399546.14   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Indo Tambangraya Megah Tbk PT                        | Indo Tambangraya Megah Tbk PT                         | CUSIP: 000000000<br>LEI: 52990056ZNHB217ZKL92 | Long             | EC               | CORP              | ID        |     12800 | NS      | $17752.52     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Thungela Resources Ltd                               | Thungela Resources Ltd                                | CUSIP: 000000000<br>LEI: 213800EGYK3BN3SRIF27 | Long             | EC               | CORP              | ZA        |      4150 | NS      | $21104.44     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Neste Oyj                                            | Neste Oyj                                             | CUSIP: 000000000<br>LEI: 5493009GY1X8GQ66AM14 | Long             | EC               | CORP              | FI        |     13160 | NS      | $141172.39    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Deep Yellow Ltd                                      | Deep Yellow Ltd                                       | CUSIP: 000000000<br>LEI: 529900FL7FGTGTVII319 | Long             | EC               | CORP              | AU        |     29329 | NS      | $25449.47     | 0.03%             |  |  |  | No            |                  2 | On Loan: —       |
| Occidental Petroleum Corp                            | Occidental Petroleum Corp                             | CUSIP: 674599105<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | EC               | CORP              | US        |     22097 | NS      | $901115.66    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Equital Ltd                                          | Equital Ltd                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |       718 | NS      | $26912.63     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Viper Energy Inc                                     | Viper Energy Inc                                      | CUSIP: 927959106<br>LEI: 5299009LINL232255G03 | Long             | EC               | CORP              | US        |      4009 | NS      | $159117.21    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp                                         | Chevron Corp                                          | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     53547 | NS      | $7319874.90   | 9.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Woodside Energy Group Ltd                            | Woodside Energy Group Ltd                             | CUSIP: 000000000<br>LEI: 2549005ZC5RXAOO7FH41 | Long             | EC               | CORP              | AU        |     59451 | NS      | $853670.45    | 1.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Petroreconcavo S/A                                   | Petroreconcavo S/A                                    | CUSIP: 000000000<br>LEI: 2549002HI638C802VA74 | Long             | EC               | CORP              | BR        |      4516 | NS      | $11425.22     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimbell Royalty Partners LP                          | Kimbell Royalty Partners LP                           | CUSIP: 49435R102<br>LEI: 5493007FC11POVYRB841 | Long             | EC               | CORP              | US        |      2406 | NS      | $31518.60     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Paz Retail And Energy Ltd                            | Paz Retail And Energy Ltd                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |       280 | NS      | $44211.35     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Oil & Natural Gas Corp Ltd                           | Oil & Natural Gas Corp Ltd                            | CUSIP: 000000000<br>LEI: 335800FPDZ9MRSNO7N41 | Long             | EC               | CORP              | IN        |     98947 | NS      | $277186.91    | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Rosneft Oil Co PJSC                                  | Rosneft Oil Co PJSC                                   | CUSIP: 000000000<br>LEI: 253400JT3MQWNDKMJE44 | Long             | EC               | CORP              | RU        |     47821 | NS      | $6.17         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Santos Ltd                                           | Santos Ltd                                            | CUSIP: 000000000<br>LEI: 5299000RK70B5O2M7077 | Long             | EC               | CORP              | AU        |    101429 | NS      | $430807.70    | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Oil Refineries Ltd                                   | Oil Refineries Ltd                                    | CUSIP: 000000000<br>LEI: 213800CWUC7NV7VR3D03 | Long             | EC               | CORP              | IL        |     76381 | NS      | $19672.80     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Thai Oil PCL                                         | Thai Oil PCL                                          | CUSIP: 000000000<br>LEI: 549300HG5527UPZLTT69 | Long             | EC               | CORP              | TH        |     36600 | NS      | $33092.08     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Motor Oil Hellas Corinth Refineries SA               | Motor Oil Hellas Corinth Refineries SA                | CUSIP: 000000000<br>LEI: 213800U3Y9UL7Y4QVM11 | Long             | EC               | CORP              | GR        |      2081 | NS      | $55507.99     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| PTT Exploration & Production PCL                     | PTT Exploration & Production PCL                      | CUSIP: 000000000<br>LEI: 2549001O8YYGP5N7Q076 | Long             | EC               | CORP              | TH        |     44031 | NS      | $131200.68    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Semirara Mining & Power Corp                         | Semirara Mining & Power Corp                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | PH        |     29200 | NS      | $17008.69     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Gulfport Energy Corp                                 | Gulfport Energy Corp                                  | CUSIP: 402635502<br>LEI: 254900DJRGZBUZ3F5038 | Long             | EC               | CORP              | US        |       475 | NS      | $90962.50     | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Exxon Mobil Corp                                     | Exxon Mobil Corp                                      | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    137852 | NS      | $14102259.60  | 18.43%            |  |  |  | No            |                  1 | On Loan: No      |
| BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES       | BlackRock Cash Funds: Treasury, SL Agency Shares      | CUSIP: 066922477<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |     10000 | NS      | $10000.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Inner Mongolia Yitai Coal Co Ltd                     | Inner Mongolia Yitai Coal Co Ltd                      | CUSIP: 000000000<br>LEI: 529900OW9OHPX81B0T69 | Long             | EC               | CORP              | CN        |     32800 | NS      | $66676.73     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| SM Energy Co                                         | SM Energy Co                                          | CUSIP: 78454L100<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | EC               | CORP              | US        |      3552 | NS      | $83187.84     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Whitehaven Coal Ltd                                  | Whitehaven Coal Ltd                                   | CUSIP: 000000000<br>LEI: 529900WCZ4I6ZO3RRP86 | Long             | EC               | CORP              | AU        |     26390 | NS      | $94555.18     | 0.12%             |  |  |  | No            |                  2 | On Loan: —       |
| HighPeak Energy Inc                                  | HighPeak Energy Inc                                   | CUSIP: 43114Q105<br>LEI: 549300J4RNCV140DUY76 | Long             | EC               | CORP              | US        |       803 | NS      | $7941.67      | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| PBF Energy Inc                                       | PBF Energy Inc                                        | CUSIP: 69318G106<br>LEI: 2549003PBEDCSZMZIY02 | Long             | EC               | CORP              | US        |      2683 | NS      | $51111.15     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Sable Offshore Corp                                  | Sable Offshore Corp                                   | CUSIP: 78574H104<br>LEI: 254900IMMKZUOZF7V487 | Long             | EC               | CORP              | US        |      1387 | NS      | $39917.86     | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Frontera Energy Corp                                 | Frontera Energy Corp                                  | CUSIP: 35905B107<br>LEI: A25574TZFLBNK7NWQT47 | Long             | EC               | CORP              | CA        |      1149 | NS      | $4864.42      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Chennai Petroleum Corp Ltd                           | Chennai Petroleum Corp Ltd                            | CUSIP: 000000000<br>LEI: 335800VZV5PBKV784666 | Long             | EC               | CORP              | IN        |      1654 | NS      | $13084.47     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Texas Pacific Land Corp                              | Texas Pacific Land Corp                               | CUSIP: 88262P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       613 | NS      | $682900.39    | 0.89%             |  |  |  | No            |                  1 | On Loan: —       |
| United Tractors Tbk PT                               | United Tractors Tbk PT                                | CUSIP: 000000000<br>LEI: 529900N9ELYOWQV4FW14 | Long             | EC               | CORP              | ID        |     47500 | NS      | $65397.66     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Repsol SA                                            | Repsol SA                                             | CUSIP: 000000000<br>LEI: BSYCX13Y0NOTV14V9N85 | Long             | EC               | CORP              | ES        |     36211 | NS      | $487868.71    | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Banpu PCL                                            | Banpu PCL                                             | CUSIP: 000000000<br>LEI: 529900AJ2Z6SUR6TSW75 | Long             | EC               | CORP              | TH        |    272700 | NS      | $38500.46     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Freehold Royalties Ltd                               | Freehold Royalties Ltd                                | CUSIP: 356500108<br>LEI: 529900KRYLKJ2WW87P48 | Long             | EC               | CORP              | CA        |      3928 | NS      | $34461.41     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Athabasca Oil Corp                                   | Athabasca Oil Corp                                    | CUSIP: 04682R107<br>LEI: 549300STK2KBVO6WED71 | Long             | EC               | CORP              | CA        |     16197 | NS      | $60900.30     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| New Hope Corp Ltd                                    | New Hope Corp Ltd                                     | CUSIP: 000000000<br>LEI: 254900DHRUGXZSLSNZ83 | Long             | EC               | CORP              | AU        |     15682 | NS      | $37591.48     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Riley Exploration Permian Inc                        | Riley Exploration Permian Inc                         | CUSIP: 76665T102<br>LEI: 5493008CUBI02XP43Q95 | Long             | EC               | CORP              | US        |       306 | NS      | $7851.96      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Comstock Resources Inc                               | Comstock Resources Inc                                | CUSIP: 205768302<br>LEI: I03QQGEA4SS774AURI46 | Long             | EC               | CORP              | US        |      2751 | NS      | $64098.30     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| SandRidge Energy Inc                                 | SandRidge Energy Inc                                  | CUSIP: 80007P869<br>LEI: W1MKPVGS6I5155L7VV67 | Long             | EC               | CORP              | US        |      1043 | NS      | $10231.83     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Denison Mines Corp                                   | Denison Mines Corp                                    | CUSIP: 248356107<br>LEI: 529900JWGSW17LJK6586 | Long             | EC               | CORP              | CA        |     27242 | NS      | $42678.84     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| PrairieSky Royalty Ltd                               | PrairieSky Royalty Ltd                                | CUSIP: 739721108<br>LEI: 529900AXG582AP7CV733 | Long             | EC               | CORP              | CA        |      6745 | NS      | $113731.41    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Inpex Corp                                           | Inpex Corp                                            | CUSIP: 000000000<br>LEI: 353800VHYYADPR6MXQ47 | Long             | EC               | CORP              | JP        |     27700 | NS      | $370397.91    | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| DNO ASA                                              | DNO ASA                                               | CUSIP: 000000000<br>LEI: 5967007LIEEXZXH3K072 | Long             | EC               | CORP              | NO        |     14740 | NS      | $17554.11     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Kosmos Energy Ltd                                    | Kosmos Energy Ltd                                     | CUSIP: 500688106<br>LEI: 213800YDFJ3OT9B5P157 | Long             | EC               | CORP              | US        |     14540 | NS      | $24136.40     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinetic Development Group Ltd                        | Kinetic Development Group Ltd                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     84000 | NS      | $12394.76     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| HELLENiQ ENERGY Holdings S.A.                        | HELLENiQ ENERGY Holdings S.A.                         | CUSIP: 000000000<br>LEI: 213800YUBJMZYR1SNG35 | Long             | EC               | CORP              | GR        |      3253 | NS      | $27928.95     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Northern Oil & Gas Inc                               | Northern Oil & Gas Inc                                | CUSIP: 665531307<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | EC               | CORP              | US        |      3021 | NS      | $80298.18     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Coal India Ltd                                       | Coal India Ltd                                        | CUSIP: 000000000<br>LEI: 335800NLJQZNHM9LBB31 | Long             | EC               | CORP              | IN        |     57613 | NS      | $267855.79    | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Hindustan Petroleum Corp Ltd                         | Hindustan Petroleum Corp Ltd                          | CUSIP: 000000000<br>LEI: 335800DWLXIP7HFFY564 | Long             | EC               | CORP              | IN        |     30231 | NS      | $145456.65    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Galp Energia SGPS SA                                 | Galp Energia SGPS SA                                  | CUSIP: 000000000<br>LEI: 2138003319Y7NM75FG53 | Long             | EC               | CORP              | PT        |     12967 | NS      | $207592.44    | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Inner Mongolia Dian Tou Energy Corp Ltd              | Inner Mongolia Dian Tou Energy Corp Ltd               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      4500 | NS      | $12323.56     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Bharat Petroleum Corp Ltd                            | Bharat Petroleum Corp Ltd                             | CUSIP: 000000000<br>LEI: 8GRDBX1TJ0PU5NCSHT72 | Long             | EC               | CORP              | IN        |     47653 | NS      | $177621.74    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Alamtri Resources Indonesia Tbk PT                   | Alamtri Resources Indonesia Tbk PT                    | CUSIP: 000000000<br>LEI: 529900P2WAH7XA87OI24 | Long             | EC               | CORP              | ID        |    426000 | NS      | $57534.76     | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Murphy Oil Corp                                      | Murphy Oil Corp                                       | CUSIP: 626717102<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | EC               | CORP              | US        |      4413 | NS      | $92364.09     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Karoon Energy Ltd                                    | Karoon Energy Ltd                                     | CUSIP: 000000000<br>LEI: 529900VXILHR2CNBWD62 | Long             | EC               | CORP              | AU        |     23987 | NS      | $25736.99     | 0.03%             |  |  |  | No            |                  2 | On Loan: —       |
| Sitio Royalties Corp                                 | Sitio Royalties Corp                                  | CUSIP: 82983N108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2549 | NS      | $43511.43     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Boss Energy Ltd                                      | Boss Energy Ltd                                       | CUSIP: 000000000<br>LEI: 9845000ED0A5F908A057 | Long             | EC               | CORP              | AU        |     13350 | NS      | $34261.86     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| PetroChina Co Ltd                                    | PetroChina Co Ltd                                     | CUSIP: 000000000<br>LEI: 529900RPY4YG47TRSV05 | Long             | EC               | CORP              | CN        |    662000 | NS      | $554023.28    | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Petroleo Brasileiro SA - Petrobras                   | Petroleo Brasileiro SA - Petrobras                    | CUSIP: 000000000<br>LEI: 5493000J801JZRCMFE49 | Long             | EC               | CORP              | BR        |    116692 | NS      | $671445.71    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Natural Resources Ltd                       | Canadian Natural Resources Ltd                        | CUSIP: 136385101<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |     66062 | NS      | $2005904.86   | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| China Shenhua Energy Co Ltd                          | China Shenhua Energy Co Ltd                           | CUSIP: 000000000<br>LEI: 529900N9JOX4C108MA40 | Long             | EC               | CORP              | CN        |    106000 | NS      | $446756.59    | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| HF Sinclair Corp                                     | HF Sinclair Corp                                      | CUSIP: 403949100<br>LEI: 2549009G116AM01XHN24 | Long             | EC               | CORP              | US        |      4968 | NS      | $179493.84    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| APA Corp                                             | APA Corp                                              | CUSIP: 03743Q108<br>LEI: 549300VCIWLRHYVSHC79 | Long             | EC               | CORP              | US        |     11522 | NS      | $195989.22    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Centrus Energy Corp                                  | Centrus Energy Corp                                   | CUSIP: 15643U104<br>LEI: 549300G6VDK9G8276661 | Long             | EC               | CORP              | US        |       482 | NS      | $61175.44     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| NuVista Energy Ltd                                   | NuVista Energy Ltd                                    | CUSIP: 67072Q104<br>LEI: 549300MG32TDSM60SX75 | Long             | EC               | CORP              | CA        |      5165 | NS      | $52013.19     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Chord Energy Corp                                    | Chord Energy Corp                                     | CUSIP: 674215207<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | EC               | CORP              | US        |      1905 | NS      | $171450.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Diversified Energy Co PLC                            | Diversified Energy Co PLC                             | CUSIP: 000000000<br>LEI: 213800YR9TFRVHPGOS67 | Long             | EC               | CORP              | GB        |      1766 | NS      | $24910.55     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| NexGen Energy Ltd                                    | NexGen Energy Ltd                                     | CUSIP: 65340P106<br>LEI: 529900N0IXNXB3IP7F06 | Long             | EC               | CORP              | CA        |     16537 | NS      | $101944.13    | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Vitesse Energy Inc                                   | Vitesse Energy Inc                                    | CUSIP: 92852X103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       919 | NS      | $19234.67     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance Industries Ltd                              | Reliance Industries Ltd                               | CUSIP: 759470107<br>LEI: 5493003UOETFYRONLG31 | Long             | EC               | CORP              | IN        |      7244 | NS      | $476669.02    | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Par Pacific Holdings Inc                             | Par Pacific Holdings Inc                              | CUSIP: 69888T207<br>LEI: 549300BTNS7MHSHRLR55 | Long             | EC               | CORP              | US        |      1681 | NS      | $36292.79     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Topaz Energy Corp                                    | Topaz Energy Corp                                     | CUSIP: 89055A203<br>LEI: 98450056D90CB02FQ571 | Long             | EC               | CORP              | CA        |      3576 | NS      | $65534.59     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Whitecap Resources Inc                               | Whitecap Resources Inc                                | CUSIP: 96467A200<br>LEI: 894500UA4G4BTB67II45 | Long             | EC               | CORP              | CA        |     38406 | NS      | $239556.50    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Eni SpA                                              | Eni SpA                                               | CUSIP: 000000000<br>LEI: BUCRF72VH5RBN7X3VL35 | Long             | EC               | CORP              | IT        |     67019 | NS      | $988332.01    | 1.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Harbour Energy PLC                                   | Harbour Energy PLC                                    | CUSIP: 000000000<br>LEI: 213800YPC42DYBKVPF97 | Long             | EC               | CORP              | GB        |     18077 | NS      | $43370.42     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Paladin Energy Ltd                                   | Paladin Energy Ltd                                    | CUSIP: 000000000<br>LEI: 549300M44UTJAP8J6B37 | Long             | EC               | CORP              | AU        |      2648 | NS      | $10477.39     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Calumet Inc                                          | Calumet Inc                                           | CUSIP: 131428104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2391 | NS      | $33426.18     | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Devon Energy Corp                                    | Devon Energy Corp                                     | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |     19576 | NS      | $592369.76    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnolia Oil & Gas Corp                              | Magnolia Oil & Gas Corp                               | CUSIP: 559663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5640 | NS      | $121260.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| ENEOS Holdings Inc                                   | ENEOS Holdings Inc                                    | CUSIP: 000000000<br>LEI: 3538001KQ5SAOZSQTT44 | Long             | EC               | CORP              | JP        |     85800 | NS      | $406528.82    | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Cameco Corp                                          | Cameco Corp                                           | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |     13675 | NS      | $800560.72    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Delek US Holdings Inc                                | Delek US Holdings Inc                                 | CUSIP: 24665A103<br>LEI: 5493003O53JMENV1N385 | Long             | EC               | CORP              | US        |      1944 | NS      | $37422.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Meren Energy Inc                                     | Meren Energy Inc                                      | CUSIP: 588914101<br>LEI: 549300071188HIDJEB11 | Long             | EC               | CORP              | CA        |     11263 | NS      | $14772.76     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Guanghui Energy Co Ltd                               | Guanghui Energy Co Ltd                                | CUSIP: 000000000<br>LEI: 300300763Q4WLOKZPD04 | Long             | EC               | CORP              | CN        |     10900 | NS      | $8950.27      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Delek Group Ltd                                      | Delek Group Ltd                                       | CUSIP: 000000000<br>LEI: 213800CYKA4XE2HZZB09 | Long             | EC               | CORP              | IL        |       296 | NS      | $52213.96     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Paramount Resources Ltd                              | Paramount Resources Ltd                               | CUSIP: 699320206<br>LEI: 549300JSO4G6XV6Y5V84 | Long             | EC               | CORP              | CA        |      2474 | NS      | $34342.33     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Imperial Oil Ltd                                     | Imperial Oil Ltd                                      | CUSIP: 453038408<br>LEI: 549300JZNB745JT5WY51 | Long             | EC               | CORP              | CA        |      5583 | NS      | $398602.65    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Birchcliff Energy Ltd                                | Birchcliff Energy Ltd                                 | CUSIP: 090697103<br>LEI: 5493000BBN3EF2L0XW29 | Long             | EC               | CORP              | CA        |      8710 | NS      | $41127.12     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Diamondback Energy Inc                               | Diamondback Energy Inc                                | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |      5943 | NS      | $799630.65    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Idemitsu Kosan Co Ltd                                | Idemitsu Kosan Co Ltd                                 | CUSIP: 000000000<br>LEI: 549300P0R46FF6DUA630 | Long             | EC               | CORP              | JP        |     28440 | NS      | $173229.34    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Antero Resources Corp                                | Antero Resources Corp                                 | CUSIP: 03674X106<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | EC               | CORP              | US        |      9268 | NS      | $347086.60    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Matador Resources Co                                 | Matador Resources Co                                  | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               | CORP              | US        |      3719 | NS      | $159954.19    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Esso SA Francaise                                    | Esso SA Francaise                                     | CUSIP: 000000000<br>LEI: 969500NI2T909ECQHX32 | Long             | EC               | CORP              | FR        |        83 | NS      | $12758.42     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| International Petroleum Corp                         | International Petroleum Corp                          | CUSIP: 46016U108<br>LEI: 54930025D80LU0SMR645 | Long             | EC               | CORP              | CA        |      2414 | NS      | $35057.40     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| S-Oil Corp                                           | S-Oil Corp                                            | CUSIP: 000000000<br>LEI: 988400QTUXYDN8W3MZ32 | Long             | EC               | CORP              | KR        |      1393 | NS      | $54835.32     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Ovintiv Inc                                          | Ovintiv Inc                                           | CUSIP: 69047Q102<br>LEI: 2549003MEX7YMKLGI239 | Long             | EC               | CORP              | US        |      8197 | NS      | $293616.54    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Medco Energi Internasional Tbk PT                    | Medco Energi Internasional Tbk PT                     | CUSIP: 000000000<br>LEI: 254900YN7RH1JFLP4J36 | Long             | EC               | CORP              | ID        |    249012 | NS      | $18706.61     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| HD Hyundai Co Ltd                                    | HD Hyundai Co Ltd                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      1339 | NS      | $108176.43    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Vermilion Energy Inc                                 | Vermilion Energy Inc                                  | CUSIP: 923725105<br>LEI: WT03B8BB1IX8WI9ZGV02 | Long             | EC               | CORP              | CA        |      4938 | NS      | $32239.94     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Aker BP ASA                                          | Aker BP ASA                                           | CUSIP: 000000000<br>LEI: 549300NFTY73920OYK69 | Long             | EC               | CORP              | NO        |      9869 | NS      | $227089.67    | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Bangchak Corp PCL                                    | Bangchak Corp PCL                                     | CUSIP: 000000000<br>LEI: 254900M7L6ML94L1YX58 | Long             | EC               | CORP              | TH        |     27200 | NS      | $29983.53     | 0.04%             |  |  |  | No            |                  2 | On Loan: —       |
| Indian Oil Corp Ltd                                  | Indian Oil Corp Ltd                                   | CUSIP: 000000000<br>LEI: 335800J8OBWE4VFUDG88 | Long             | EC               | CORP              | IN        |     87518 | NS      | $145398.33    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| PetroChina Co Ltd                                    | PetroChina Co Ltd                                     | CUSIP: 000000000<br>LEI: 529900RPY4YG47TRSV05 | Long             | EC               | CORP              | CN        |     39600 | NS      | $45491.34     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Beach Energy Ltd                                     | Beach Energy Ltd                                      | CUSIP: 000000000<br>LEI: 8Q9PJD25OKTQT5FHUF40 | Long             | EC               | CORP              | AU        |     49623 | NS      | $43008.22     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Yellow Cake PLC                                      | Yellow Cake PLC                                       | CUSIP: 000000000<br>LEI: 213800CVMYUGOA9EZY95 | Long             | EC               | CORP              | JE        |      6703 | NS      | $43580.32     | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| CNX Resources Corp                                   | CNX Resources Corp                                    | CUSIP: 12653C108<br>LEI: 549300JK3KH8PWM3B226 | Long             | EC               | CORP              | US        |      4653 | NS      | $150198.84    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| PetroTal Corp                                        | PetroTal Corp                                         | CUSIP: 71677J101<br>LEI: 21380047ER33PRH4XH56 | Long             | EC               | CORP              | CA        |     28665 | NS      | $12114.77     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Dana Gas PJSC                                        | Dana Gas PJSC                                         | CUSIP: 000000000<br>LEI: 254900RDMPHWDEJBUW56 | Long             | EC               | CORP              | AE        |    168145 | NS      | $32953.77     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Energy Fuels Inc/Canada                              | Energy Fuels Inc/Canada                               | CUSIP: 292671708<br>LEI: 529900P0GCATXMGK8I62 | Long             | EC               | CORP              | CA        |      5724 | NS      | $28028.77     | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Turkiye Petrol Rafinerileri AS                       | Turkiye Petrol Rafinerileri AS                        | CUSIP: 000000000<br>LEI: 789000RCNG97UV50EE03 | Long             | EC               | CORP              | TR        |     30287 | NS      | $95797.57     | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Expand Energy Corp                                   | Expand Energy Corp                                    | CUSIP: 165167735<br>LEI: X2MT1W32SPAZ9WSKLE78 | Long             | EC               | CORP              | US        |      6526 | NS      | $757864.38    | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| PRIO SA/Brazil                                       | PRIO SA/Brazil                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |     25179 | NS      | $171469.89    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Saudi Arabian Oil Co                                 | Saudi Arabian Oil Co                                  | CUSIP: 000000000<br>LEI: 5586006WD91QHB7J4X50 | Long             | EC               | CORP              | SA        |    192037 | NS      | $1278410.32   | 1.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Equinor ASA                                          | Equinor ASA                                           | CUSIP: 000000000<br>LEI: OW6OFBNCKXC4US5C7523 | Long             | EC               | CORP              | NO        |     26310 | NS      | $615938.46    | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Bumi Resources Tbk PT                                | Bumi Resources Tbk PT                                 | CUSIP: 000000000<br>LEI: 529900UUMEQCPSDKFD75 | Long             | EC               | CORP              | ID        |   3383800 | NS      | $24400.88     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Granite Ridge Resources Inc                          | Granite Ridge Resources Inc                           | CUSIP: 387432107<br>LEI: 254900CAHJQKOQ1YZC67 | Long             | EC               | CORP              | US        |      1817 | NS      | $10211.54     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ORLEN SA                                             | ORLEN SA                                              | CUSIP: 000000000<br>LEI: 259400VVMM70CQREJT74 | Long             | EC               | CORP              | PL        |     18234 | NS      | $358291.05    | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Peyto Exploration & Development Corp                 | Peyto Exploration & Development Corp                  | CUSIP: 717046106<br>LEI: 98450004AE67F646C503 | Long             | EC               | CORP              | CA        |      6166 | NS      | $83120.92     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Cardinal Energy Ltd                                  | Cardinal Energy Ltd                                   | CUSIP: 14150G400<br>LEI: 54930032PTI7XWCLOD92 | Long             | EC               | CORP              | CA        |      3979 | NS      | $17831.35     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Shaanxi Coal Industry Co Ltd                         | Shaanxi Coal Industry Co Ltd                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     18200 | NS      | $52578.43     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Shanxi Coking Coal Energy Group Co Ltd               | Shanxi Coking Coal Energy Group Co Ltd                | CUSIP: 000000000<br>LEI: 3003006IEAP7EBNLIL41 | Long             | EC               | CORP              | CN        |     11610 | NS      | $9670.48      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Brava Energia                                        | Brava Energia                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |     11539 | NS      | $38130.45     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Baytex Energy Corp                                   | Baytex Energy Corp                                    | CUSIP: 07317Q105<br>LEI: 549300R5LTV2H7I1I079 | Long             | EC               | CORP              | CA        |     21295 | NS      | $34603.31     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                                       | ConocoPhillips                                        | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     40572 | NS      | $3462820.20   | 4.52%             |  |  |  | No            |                  1 | On Loan: No      |
| VAALCO Energy Inc                                    | VAALCO Energy Inc                                     | CUSIP: 91851C201<br>LEI: 549300CFHFVIWB8M6T24 | Long             | EC               | CORP              | US        |      3476 | NS      | $11018.92     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-30

**Name of Applicant:** iShares, Inc.

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer