# EDGAR Filing Document

**Accession Number:** 0000930667
**File Stem:** 0001752724-25-177734
**Filing Date:** 2025-7
**Character Count:** 55290
**Document Hash:** ea707b6e9b1fa3be6291ad70690a672e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-177734.hdr.sgml**: 20250725

**ACCESSION NUMBER**: 0001752724-25-177734

**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:** 251149300

**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 South Korea ETF (Series ID: S000004258)

| Class ID   | Class Name                   | Ticker Symbol   |
|:---|:---|:---|
| C000011962 | iShares MSCI South Korea ETF | EWY             |

## Nport-Ex

Schedule of Investments (unaudited)

May 31, 2025

**iShares® MSCI South Korea 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** |
| **Aerospace & Defense — 3.3%** | **Aerospace & Defense — 3.3%** | **Aerospace & Defense — 3.3%** |
| Hanwha Aerospace Co. Ltd. | &nbsp;&nbsp;&nbsp; 137278 | $80503446 |
| Hanwha Systems Co. Ltd. | &nbsp;&nbsp;&nbsp; 173779 | 5714426 |
| Korea Aerospace Industries Ltd. | &nbsp;&nbsp;&nbsp; 356352 | 21588465 |
|  |  | 107806337 |
| **Air Freight & Logistics — 0.5%** | **Air Freight & Logistics — 0.5%** | **Air Freight & Logistics — 0.5%** |
| Hyundai Glovis Co. Ltd. | &nbsp;&nbsp;&nbsp; 180051 | 14775375 |
| **Automobile Components — 1.8%** | **Automobile Components — 1.8%** | **Automobile Components — 1.8%** |
| Hankook Tire & Technology Co. Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 391795 | 10926833 |
| Hyundai Mobis Co. Ltd. | &nbsp;&nbsp;&nbsp; 261928 | 48015637 |
|  |  | 58942470 |
| **Automobiles — 4.3%** | **Automobiles — 4.3%** | **Automobiles — 4.3%** |
| Hyundai Motor Co. | &nbsp;&nbsp;&nbsp; 576691 | 77297094 |
| Kia Corp. | &nbsp;&nbsp;&nbsp; 1017021 | 65773665 |
|  |  | 143070759 |
| **Banks — 9.9%** | **Banks — 9.9%** | **Banks — 9.9%** |
| Hana Financial Group Inc. | &nbsp;&nbsp;&nbsp; 1237570 | 65088724 |
| Industrial Bank of Korea | &nbsp;&nbsp;&nbsp; 1352827 | 15413578 |
| KakaoBank Corp. | &nbsp;&nbsp;&nbsp; 825331 | 14031135 |
| KB Financial Group Inc. | &nbsp;&nbsp;&nbsp; 1580292 | 118907280 |
| Shinhan Financial Group Co. Ltd. | &nbsp;&nbsp;&nbsp; 1828907 | 76497750 |
| Woori Financial Group Inc. | &nbsp;&nbsp;&nbsp; 2788226 | 38906390 |
|  |  | 328844857 |
| **Biotechnology — 3.6%** | **Biotechnology — 3.6%** | **Biotechnology — 3.6%** |
| Alteogen Inc.<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 172820 | 41328191 |
| Celltrion Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 666896 | 77734525 |
|  |  | 119062716 |
| **Broadline Retail — 0.0%** | **Broadline Retail — 0.0%** | **Broadline Retail — 0.0%** |
| Lotte Shopping Co. Ltd. | &nbsp;&nbsp;&nbsp; 1 | 58 |
| **Capital Markets — 1.3%** | **Capital Markets — 1.3%** | **Capital Markets — 1.3%** |
| Korea Investment Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp; 212166 | 16584256 |
| Mirae Asset Securities Co. Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1389876 | 15637182 |
| NH Investment & Securities Co. Ltd. | &nbsp;&nbsp;&nbsp; 816294 | 10183770 |
|  |  | 42405208 |
| **Chemicals — 1.1%** | **Chemicals — 1.1%** | **Chemicals — 1.1%** |
| LG Chem Ltd. | &nbsp;&nbsp;&nbsp; 217112 | 30979758 |
| SKC Co. Ltd.<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 99100 | 6380425 |
|  |  | 37360183 |
| **Diversified Telecommunication Services — 0.3%** | **Diversified Telecommunication Services — 0.3%** | **Diversified Telecommunication Services — 0.3%** |
| LG Uplus Corp. | &nbsp;&nbsp;&nbsp; 1186130 | 10988024 |
| **Electric Utilities — 0.8%** | **Electric Utilities — 0.8%** | **Electric Utilities — 0.8%** |
| Korea Electric Power Corp. | &nbsp;&nbsp;&nbsp; 1206418 | 26384620 |
| **Electrical Equipment — 5.5%** | **Electrical Equipment — 5.5%** | **Electrical Equipment — 5.5%** |
| Doosan Enerbility Co. Ltd.<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 1953529 | 57023644 |
| Ecopro BM Co. Ltd.<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 225898 | 14654898 |
| Ecopro Co. Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 473257 | 14627065 |
| HD Hyundai Electric Co. Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 104777 | 28687564 |
| LG Energy Solution Ltd.<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 201926 | 41800061 |
| LS Electric Co. Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 73128 | 13351402 |
| POSCO Future M Co. Ltd.<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 152016 | 12833130 |
|  |  | 182977764 |
| **Electronic Equipment, Instruments & Components — 2.2%** | **Electronic Equipment, Instruments & Components — 2.2%** | **Electronic Equipment, Instruments & Components — 2.2%** |
| LG Display Co. Ltd.<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 1580264 | 9837860 |
| LG Innotek Co. Ltd. | &nbsp;&nbsp;&nbsp; 77568 | 8129108 |
| Samsung Electro-Mechanics Co. Ltd. | &nbsp;&nbsp;&nbsp; 256700 | 22658475 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Electronic Equipment, Instruments & Components (continued)** | **Electronic Equipment, Instruments & Components (continued)** | **Electronic Equipment, Instruments & Components (continued)** |
| Samsung SDI Co. Ltd. | &nbsp;&nbsp;&nbsp; 273693 | $33463649 |
|  |  | 74089092 |
| **Entertainment — 1.7%** | **Entertainment — 1.7%** | **Entertainment — 1.7%** |
| HYBE Co. Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 107777 | 20786218 |
| Krafton Inc.<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 128433 | 34305024 |
|  |  | 55091242 |
| **Financial Services — 1.0%** | **Financial Services — 1.0%** | **Financial Services — 1.0%** |
| Meritz Financial Group Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 419987 | 33946738 |
| **Food Products — 0.8%** | **Food Products — 0.8%** | **Food Products — 0.8%** |
| CJ CheilJedang Corp. | &nbsp;&nbsp;&nbsp; 47155 | 7897354 |
| Orion Corp./Republic of Korea<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 127555 | 10187696 |
| Samyang Foods Co. Ltd. | &nbsp;&nbsp;&nbsp; 11390 | 9150381 |
|  |  | 27235431 |
| **Health Care Equipment & Supplies — 0.6%** | **Health Care Equipment & Supplies — 0.6%** | **Health Care Equipment & Supplies — 0.6%** |
| HLB Inc.<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 531632 | 20956406 |
| **Hotels, Restaurants & Leisure — 0.4%** | **Hotels, Restaurants & Leisure — 0.4%** | **Hotels, Restaurants & Leisure — 0.4%** |
| Hanjin Kal Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 135491 | 13826135 |
| **Household Durables — 1.3%** | **Household Durables — 1.3%** | **Household Durables — 1.3%** |
| Coway Co. Ltd. | &nbsp;&nbsp;&nbsp; 273064 | 17559409 |
| LG Electronics Inc. | &nbsp;&nbsp;&nbsp; 479374 | 24655603 |
|  |  | 42215012 |
| **Industrial Conglomerates — 3.6%** | **Industrial Conglomerates — 3.6%** | **Industrial Conglomerates — 3.6%** |
| LG Corp. | &nbsp;&nbsp;&nbsp; 425949 | 21880757 |
| Samsung C&T Corp. | &nbsp;&nbsp;&nbsp; 390633 | 42339426 |
| SK Inc. | &nbsp;&nbsp;&nbsp; 171047 | 20253740 |
| SK Square Co. Ltd.<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 421239 | 34841169 |
|  |  | 119315092 |
| **Insurance — 2.5%** | **Insurance — 2.5%** | **Insurance — 2.5%** |
| DB Insurance Co. Ltd. | &nbsp;&nbsp;&nbsp; 220191 | 16047685 |
| Samsung Fire & Marine Insurance Co. Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 134835 | 39460872 |
| Samsung Life Insurance Co. Ltd. | &nbsp;&nbsp;&nbsp; 361188 | 25846676 |
|  |  | 81355233 |
| **Interactive Media & Services — 3.7%** | **Interactive Media & Services — 3.7%** | **Interactive Media & Services — 3.7%** |
| Kakao Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1362280 | 42091096 |
| NAVER Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 602487 | 81642049 |
|  |  | 123733145 |
| **IT Services — 0.6%** | **IT Services — 0.6%** | **IT Services — 0.6%** |
| Samsung SDS Co. Ltd. | &nbsp;&nbsp;&nbsp; 200385 | 18860191 |
| **Life Sciences Tools & Services — 1.7%** | **Life Sciences Tools & Services — 1.7%** | **Life Sciences Tools & Services — 1.7%** |
| Samsung Biologics Co. Ltd.<sup>(a)(b)(c)</sup> | &nbsp;&nbsp;&nbsp; 75981 | 56794055 |
| **Machinery — 5.4%** | **Machinery — 5.4%** | **Machinery — 5.4%** |
| Doosan Bobcat Inc. | &nbsp;&nbsp;&nbsp; 304548 | 10351542 |
| Hanwha Ocean Co. Ltd.<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 423484 | 23859066 |
| HD Hyundai Heavy Industries Co. Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 99616 | 29168617 |
| &nbsp;&nbsp;&nbsp; HD Korea Shipbuilding & Offshore Engineering <br> Co. Ltd.<br>| &nbsp;&nbsp;&nbsp; 189036 | 43199551 |
| Hyundai Rotem Co. Ltd. | &nbsp;&nbsp;&nbsp; 351031 | 37155496 |
| Samsung Heavy Industries Co. Ltd.<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 2970159 | 36275143 |
|  |  | 180009415 |
| **Marine Transportation — 0.6%** | **Marine Transportation — 0.6%** | **Marine Transportation — 0.6%** |
| HMM Co. Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1268690 | 19569838 |
| **Metals & Mining — 2.0%** | **Metals & Mining — 2.0%** | **Metals & Mining — 2.0%** |
| Korea Zinc Co. Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 24192 | 12754677 |
| POSCO Holdings Inc. | &nbsp;&nbsp;&nbsp; 302201 | 54746087 |
|  |  | 67500764 |

---

------

Schedule of Investments (unaudited)(continued)

May 31, 2025

**iShares® MSCI South Korea ETF** 

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

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Oil, Gas & Consumable Fuels — 1.4%** | **Oil, Gas & Consumable Fuels — 1.4%** | **Oil, Gas & Consumable Fuels — 1.4%** |
| HD Hyundai Co. Ltd. | &nbsp;&nbsp;&nbsp; 221631 | $17905339 |
| SK Innovation Co. Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 305720 | 19808125 |
| S-Oil Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 238440 | 9386169 |
|  |  | 47099633 |
| **Passenger Airlines — 0.5%** | **Passenger Airlines — 0.5%** | **Passenger Airlines — 0.5%** |
| Korean Air Lines Co. Ltd. | &nbsp;&nbsp;&nbsp; 895198 | 14583786 |
| **Personal Care Products — 0.8%** | **Personal Care Products — 0.8%** | **Personal Care Products — 0.8%** |
| Amorepacific Corp.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 148873 | 14412289 |
| LG H&H Co. Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 48748 | 11493698 |
|  |  | 25905987 |
| **Pharmaceuticals — 0.9%** | **Pharmaceuticals — 0.9%** | **Pharmaceuticals — 0.9%** |
| SK Biopharmaceuticals Co. Ltd.<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 155315 | 10466989 |
| Yuhan Corp. | &nbsp;&nbsp;&nbsp; 257336 | 19452189 |
|  |  | 29919178 |
| **Semiconductors & Semiconductor Equipment — 10.5%** | **Semiconductors & Semiconductor Equipment — 10.5%** | **Semiconductors & Semiconductor Equipment — 10.5%** |
| Hanmi Semiconductor Co. Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 212398 | 12318651 |
| SK Hynix Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2265458 | 334180192 |
|  |  | 346498843 |
| **Technology Hardware, Storage & Peripherals — 21.2%** | **Technology Hardware, Storage & Peripherals — 21.2%** | **Technology Hardware, Storage & Peripherals — 21.2%** |
| Samsung Electronics Co. Ltd. | &nbsp;&nbsp;&nbsp; 17261312 | 700424119 |
| **Tobacco — 1.2%** | **Tobacco — 1.2%** | **Tobacco — 1.2%** |
| KT&G Corp. | &nbsp;&nbsp;&nbsp; 448384 | 38982644 |
| **Trading Companies & Distributors — 0.3%** | **Trading Companies & Distributors — 0.3%** | **Trading Companies & Distributors — 0.3%** |
| Posco International Corp. | &nbsp;&nbsp;&nbsp; 293704 | 10404266 |
| **Wireless Telecommunication Services — 0.3%** | **Wireless Telecommunication Services — 0.3%** | **Wireless Telecommunication Services — 0.3%** |
| SK Telecom Co. Ltd. | &nbsp;&nbsp;&nbsp; 279702 | 10427123 |
| **Total Common Stocks — 97.6%** <br>**(Cost: $1,447,911,655)** | **Total Common Stocks — 97.6%** <br>**(Cost: $1,447,911,655)** | 3231361739 |
| **Preferred Stocks** | **Preferred Stocks** | **Preferred Stocks** |
| **Automobiles — 0.9%** | **Automobiles — 0.9%** | **Automobiles — 0.9%** |
| Hyundai Motor Co. |  |  |
| &nbsp;&nbsp;&nbsp; Preference Shares, NVS | &nbsp;&nbsp;&nbsp; 114358 | 12237982 |
| &nbsp;&nbsp;&nbsp; Series 2, Preference Shares, NVS | &nbsp;&nbsp;&nbsp; 167866 | 17938932 |
|  |  | 30176914 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Technology Hardware, Storage & Peripherals — 0.6%** | **Technology Hardware, Storage & Peripherals — 0.6%** | **Technology Hardware, Storage & Peripherals — 0.6%** |
| &nbsp;&nbsp;&nbsp; Samsung Electronics Co. Ltd., Preference <br> Shares, NVS<br>| &nbsp;&nbsp;&nbsp; 539063 | $17965797 |
| **Total Preferred Stocks — 1.5%** <br>**(Cost: $26,353,609)** | **Total Preferred Stocks — 1.5%** <br>**(Cost: $26,353,609)** | 48142711 |
| **Rights** | **Rights** | **Rights** |
| **Aerospace & Defense — 0.0%** | **Aerospace & Defense — 0.0%** | **Aerospace & Defense — 0.0%** |
| &nbsp;&nbsp;&nbsp; Hanwha Aerospace Co. Ltd. (Expires 09/07/25, <br> Strike Price KRW 684,000)<sup>(b)</sup><br>| &nbsp;&nbsp;&nbsp; 9369 | 862407 |
| **Total Rights — 0.0%** <br>**(Cost: $—)** | **Total Rights — 0.0%** <br>**(Cost: $—)** | 862407 |
| **Total Long-Term Investments — 99.1%** <br>**(Cost: $1,474,265,264)** | **Total Long-Term Investments — 99.1%** <br>**(Cost: $1,474,265,264)** | 3280366857 |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 12.0%** | **Money Market Funds — 12.0%** | **Money Market Funds — 12.0%** |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Institutional, SL Agency <br> Shares, 4.46%<sup>(d)(e)(f)</sup><br>| &nbsp;&nbsp;&nbsp; 397271780 | 397430688 |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL Agency <br> Shares, 4.30%<sup>(d)(e)</sup><br>| &nbsp;&nbsp;&nbsp; 1390000 | 1390000 |
| **Total Short-Term Securities — 12.0%** <br>**(Cost: $398,820,297)** | **Total Short-Term Securities — 12.0%** <br>**(Cost: $398,820,297)** | 398820688 |
| **Total Investments — 111.1%** <br>**(Cost: $1,873,085,561)** | **Total Investments — 111.1%** <br>**(Cost: $1,873,085,561)** | 3679187545 |
| **Liabilities in Excess of Other Assets — (11.1)%** | **Liabilities in Excess of Other Assets — (11.1)%** | (368266208)<br>|
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | $3310921337 |

---

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

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

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

<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> Affiliate of the Fund.

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

<sup>(f)</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>| *Purchases* <br>*at Cost*<br>| *Proceeds* <br>*from Sales*<br>| &nbsp;&nbsp; *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, <br> SL Agency Shares<br>| $148871380 | $248583193 <br><sup>(a)</sup><br>| $— | $20458 | $(44343)<br>| $397430688 | 397271780 | $3084060 <br><sup>(b)</sup><br>| $— |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL <br> Agency Shares<br>| &nbsp;&nbsp;&nbsp;&nbsp; 2360000 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp; (970000 )<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; 1390000 | 1390000 | &nbsp;&nbsp;&nbsp;&nbsp; 50926 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
|  |  |  |  | $20458 | $(44343) | $398820688 |  | $3134986 | $— |

---

&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. 

------

Schedule of Investments (unaudited)(continued)

May 31, 2025

**iShares® MSCI South Korea ETF** 

**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; KOSPI 200 Index | &nbsp;&nbsp;&nbsp; 376 | 06/12/25 | &nbsp;&nbsp; $24534 | $1140242 |

---

**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; $— | &nbsp;&nbsp; $3231361739 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $3231361739 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Preferred Stocks | &nbsp;&nbsp; — | &nbsp;&nbsp; 48142711 | &nbsp;&nbsp; — | &nbsp;&nbsp; 48142711 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rights | &nbsp;&nbsp; — | &nbsp;&nbsp; 862407 | &nbsp;&nbsp; — | &nbsp;&nbsp; 862407 |
| &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; 398820688 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 398820688 |
|  | &nbsp;&nbsp; $398820688 | &nbsp;&nbsp; $3280366857 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $3679187545 |
| Derivative Financial Instruments<sup>(a)</sup>  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Assets  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity Contracts | &nbsp;&nbsp; $1140242 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $1140242 |

---

&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** |
| NVS | Non-Voting Shares |

---

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

------

## 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 South Korea ETF

- **b. EDGAR series identifier (if any):** S000004258

- **c. LEI of Series:** GR1QY1XUY5M0EJSI5J57

**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:** $4128546494.61

**Total Liabilities:** $905132228.69

**Net Assets:** $3223414265.92

**Delayed Delivery Securities:** $470616.84

**Cash Not Reported:** $23197708.50

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000011962 | -1.08%               | 3.96%                | 7.80%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-6006349.52             | $-36120894.15                              |
| Month 2  | $22787791.52             | $85656885.05                               |
| Month 3  | $-430019.49              | $223912499.17                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Celltrion Inc                                       | Celltrion Inc                                         | CUSIP: 000000000<br>LEI: 988400JFZG785WJX3D68 | Long             | EC               | CORP              | KR        |    649177 | NS      | $75669167.90  | 2.35%             |  |  |  | No            |                  2 | On Loan: —       |
| HMM Co Ltd                                          | HMM Co Ltd                                            | CUSIP: 000000000<br>LEI: 988400M8Q35QDZ4XXW80 | Long             | EC               | CORP              | KR        |   1228961 | NS      | $18957009.09  | 0.59%             |  |  |  | No            |                  2 | On Loan: —       |
| Korea Investment Holdings Co Ltd                    | Korea Investment Holdings Co Ltd                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    206540 | NS      | $16144492.14  | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Yuhan Corp                                          | Yuhan Corp                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    250492 | NS      | $18934846.98  | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| SK Innovation Co Ltd                                | SK Innovation Co Ltd                                  | CUSIP: 000000000<br>LEI: 988400PXP70BWVSJVF07 | Long             | EC               | CORP              | KR        |    297600 | NS      | $19282016.07  | 0.60%             |  |  |  | No            |                  2 | On Loan: —       |
| NH Investment & Securities Co Ltd                   | NH Investment & Securities Co Ltd                     | CUSIP: 000000000<br>LEI: 549300LQ6NXDW1B8NT42 | Long             | EC               | CORP              | KR        |    794602 | NS      | $9913148.41   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| HYBE Co Ltd                                         | HYBE Co Ltd                                           | CUSIP: 000000000<br>LEI: 988400NYDQI538IJ3K23 | Long             | EC               | CORP              | KR        |    104463 | NS      | $20147069.14  | 0.63%             |  |  |  | No            |                  2 | On Loan: —       |
| Kia Corp                                            | Kia Corp                                              | CUSIP: 000000000<br>LEI: 988400V8MJK9N7OI5X76 | Long             | EC               | CORP              | KR        |    989964 | NS      | $64023811.54  | 1.99%             |  |  |  | No            |                  2 | On Loan: No      |
| Doosan Enerbility Co Ltd                            | Doosan Enerbility Co Ltd                              | CUSIP: 000000000<br>LEI: 988400TK5NA3GLSTN506 | Long             | EC               | CORP              | KR        |   1901561 | NS      | $55506694.80  | 1.72%             |  |  |  | No            |                  2 | On Loan: —       |
| Woori Financial Group Inc                           | Woori Financial Group Inc                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |   2714044 | NS      | $37871268.56  | 1.17%             |  |  |  | No            |                  2 | On Loan: No      |
| HD Hyundai Heavy Industries Co Ltd                  | HD Hyundai Heavy Industries Co Ltd                    | CUSIP: 000000000<br>LEI: 988400CAR8W9URQLGF30 | Long             | EC               | CORP              | KR        |     98420 | NS      | $28818415.27  | 0.89%             |  |  |  | No            |                  2 | On Loan: —       |
| NCSoft Corp                                         | NCSoft Corp                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     68791 | NS      | $7591695.38   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Krafton Inc                                         | Krafton Inc                                           | CUSIP: 000000000<br>LEI: 988400CE024EWSCICK17 | Long             | EC               | CORP              | KR        |    125040 | NS      | $33398738.65  | 1.04%             |  |  |  | No            |                  2 | On Loan: —       |
| Hyundai Mobis Co Ltd                                | Hyundai Mobis Co Ltd                                  | CUSIP: 000000000<br>LEI: 988400HJA9E0ZVDHRS65 | Long             | EC               | CORP              | KR        |    254968 | NS      | $46739756.72  | 1.45%             |  |  |  | No            |                  2 | On Loan: No      |
| KT&G Corp                                           | KT&G Corp                                             | CUSIP: 000000000<br>LEI: 988400ZJV6ISYBLQX875 | Long             | EC               | CORP              | KR        |    436465 | NS      | $37946402.69  | 1.18%             |  |  |  | No            |                  2 | On Loan: No      |
| POSCO Future M Co Ltd                               | POSCO Future M Co Ltd                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    147985 | NS      | $12492834.51  | 0.39%             |  |  |  | No            |                  2 | On Loan: —       |
| CJ CheilJedang Corp                                 | CJ CheilJedang Corp                                   | CUSIP: 000000000<br>LEI: 9884008938PK154I3A92 | Long             | EC               | CORP              | KR        |     45908 | NS      | $7688511.14   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Alteogen Inc                                        | Alteogen Inc                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    168238 | NS      | $40232451.42  | 1.25%             |  |  |  | No            |                  2 | On Loan: —       |
| Samsung Electronics Co Ltd                          | Samsung Electronics Co Ltd                            | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |  16869414 | NS      | $684521804.17 | 21.24%            |  |  |  | No            |                  2 | On Loan: No      |
| Korea Exchange (Futures Market)                     | KOSPI2 INX FUT JUN25                                  | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | KR        |       376 | NC      | $1140213.24   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| SK Biopharmaceuticals Co Ltd                        | SK Biopharmaceuticals Co Ltd                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    151197 | NS      | $10189468.95  | 0.32%             |  |  |  | No            |                  2 | On Loan: —       |
| SK Inc                                              | SK Inc                                                | CUSIP: 000000000<br>LEI: 988400GMME8AOAFMDK34 | Long             | EC               | CORP              | KR        |    166523 | NS      | $19718051.47  | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Hanwha Aerospace Co Ltd                             | Hanwha Aerospace Co Ltd                               | CUSIP: 000000000<br>LEI: 9884001NSUA8FQKQWR25 | Long             | EC               | CORP              | KR        |    133489 | NS      | $78281476.02  | 2.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Hankook Tire & Technology Co Ltd                    | Hankook Tire & Technology Co Ltd                      | CUSIP: 000000000<br>LEI: 9884001BIEVM09M7AH02 | Long             | EC               | CORP              | KR        |    381384 | NS      | $10636478.55  | 0.33%             |  |  |  | No            |                  2 | On Loan: —       |
| Amorepacific Corp                                   | Amorepacific Corp                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    144929 | NS      | $14030472.89  | 0.44%             |  |  |  | No            |                  2 | On Loan: —       |
| Hyundai Glovis Co Ltd                               | Hyundai Glovis Co Ltd                                 | CUSIP: 000000000<br>LEI: 988400U6RDXNJ5ZRN304 | Long             | EC               | CORP              | KR        |    175266 | NS      | $14382707.30  | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Hyundai Motor Co                                    | Hyundai Motor Co                                      | CUSIP: 000000000<br>LEI: 9884004RQX8PRBXQ8S60 | Long             | EC               | CORP              | KR        |    561350 | NS      | $75240854.27  | 2.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Hanmi Semiconductor Co Ltd                          | Hanmi Semiconductor Co Ltd                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    206772 | NS      | $11992354.63  | 0.37%             |  |  |  | No            |                  2 | On Loan: —       |
| BlackRock Funds III                                 | BlackRock Cash Funds: Institutional, SL Agency Shares | CUSIP: 066922519<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        | 402830986 | NS      | $402992118.44 | 12.50%            |  |  |  | No            |                  1 | On Loan: No      |
| LG Uplus Corp                                       | LG Uplus Corp                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |   1154578 | NS      | $10695733.43  | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Hyundai Rotem Co Ltd                                | Hyundai Rotem Co Ltd                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    341693 | NS      | $36167098.66  | 1.12%             |  |  |  | No            |                  2 | On Loan: No      |
| POSCO Holdings Inc                                  | POSCO Holdings Inc                                    | CUSIP: 000000000<br>LEI: 988400E5HRVX81AYLM04 | Long             | EC               | CORP              | KR        |    294168 | NS      | $53290845.48  | 1.65%             |  |  |  | No            |                  2 | On Loan: No      |
| HD Korea Shipbuilding & Offshore Engineering Co Ltd | HD Korea Shipbuilding & Offshore Engineering Co Ltd   | CUSIP: 000000000<br>LEI: 988400DPTJ9KH5R6W540 | Long             | EC               | CORP              | KR        |    184019 | NS      | $42053038.61  | 1.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Kakao Corp                                          | Kakao Corp                                            | CUSIP: 000000000<br>LEI: 988400FTKUBQXKVZP434 | Long             | EC               | CORP              | KR        |   1326059 | NS      | $40971956.73  | 1.27%             |  |  |  | No            |                  2 | On Loan: —       |
| KakaoBank Corp                                      | KakaoBank Corp                                        | CUSIP: 000000000<br>LEI: 988400VAVCFSK6VF9Q87 | Long             | EC               | CORP              | KR        |    803378 | NS      | $13657920.65  | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| LG Energy Solution Ltd                              | LG Energy Solution Ltd                                | CUSIP: 000000000<br>LEI: 988400QX6P286XA6ZS85 | Long             | EC               | CORP              | KR        |    196561 | NS      | $40689469.32  | 1.26%             |  |  |  | No            |                  2 | On Loan: —       |
| Korea Zinc Co Ltd                                   | Korea Zinc Co Ltd                                     | CUSIP: 000000000<br>LEI: 988400D0HSQUB1I1VO41 | Long             | EC               | CORP              | KR        |     23554 | NS      | $12418306.19  | 0.39%             |  |  |  | No            |                  2 | On Loan: —       |
| KB Financial Group Inc                              | KB Financial Group Inc                                | CUSIP: 000000000<br>LEI: 529900TKE4MXG3Q6GW86 | Long             | EC               | CORP              | KR        |   1536962 | NS      | $115646962.86 | 3.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Ecopro BM Co Ltd                                    | Ecopro BM Co Ltd                                      | CUSIP: 000000000<br>LEI: 988400KB3FIHJINXCS55 | Long             | EC               | CORP              | KR        |    219895 | NS      | $14265460.10  | 0.44%             |  |  |  | No            |                  2 | On Loan: —       |
| BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES      | BlackRock Cash Funds: Treasury, SL Agency Shares      | CUSIP: 066922477<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |   1390000 | NS      | $1390000.00   | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electro-Mechanics Co Ltd                    | Samsung Electro-Mechanics Co Ltd                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    248787 | NS      | $21960007.95  | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Orion Corp/Republic of Korea                        | Orion Corp/Republic of Korea                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    124162 | NS      | $9916700.10   | 0.31%             |  |  |  | No            |                  2 | On Loan: —       |
| Doosan Bobcat Inc                                   | Doosan Bobcat Inc                                     | CUSIP: 000000000<br>LEI: 9884007K6X0Q0112FX44 | Long             | EC               | CORP              | KR        |    296457 | NS      | $10076530.03  | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Mirae Asset Securities Co Ltd                       | Mirae Asset Securities Co Ltd                         | CUSIP: 000000000<br>LEI: 98840072S6T63E2V1291 | Long             | EC               | CORP              | KR        |   1344253 | NS      | $15123887.98  | 0.47%             |  |  |  | No            |                  2 | On Loan: —       |
| Samsung Fire & Marine Insurance Co Ltd              | Samsung Fire & Marine Insurance Co Ltd                | CUSIP: 000000000<br>LEI: 988400JMBDK47EW0Z936 | Long             | EC               | CORP              | KR        |    131268 | NS      | $38416952.68  | 1.19%             |  |  |  | No            |                  2 | On Loan: —       |
| LG H&H Co Ltd                                       | LG H&H Co Ltd                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     47472 | NS      | $11192845.63  | 0.35%             |  |  |  | No            |                  2 | On Loan: —       |
| SK Telecom Co Ltd                                   | SK Telecom Co Ltd                                     | CUSIP: 000000000<br>LEI: 9884003WEA1PHW006037 | Long             | EC               | CORP              | KR        |    272278 | NS      | $10150360.64  | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Hana Financial Group Inc                            | Hana Financial Group Inc                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |   1202777 | NS      | $63258821.98  | 1.96%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Biologics Co Ltd                            | Samsung Biologics Co Ltd                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     73980 | NS      | $55298353.56  | 1.72%             |  |  |  | No            |                  2 | On Loan: —       |
| DB Insurance Co Ltd                                 | DB Insurance Co Ltd                                   | CUSIP: 000000000<br>LEI: 9884000ZF26VNJBWSJ91 | Long             | EC               | CORP              | KR        |    214333 | NS      | $15620749.13  | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Hanwha Aerospace Co Ltd                             | Hanwha Aerospace Co Ltd                               | CUSIP: 000000000<br>LEI: 9884001NSUA8FQKQWR25 | Long             |  | CORP              | KR        |      9369 | NS      | $862407.05    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Shinhan Financial Group Co Ltd                      | Shinhan Financial Group Co Ltd                        | CUSIP: 000000000<br>LEI: 988400EB8A6G49E5KO54 | Long             | EC               | CORP              | KR        |   1780274 | NS      | $74463575.70  | 2.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Ecopro Co Ltd                                       | Ecopro Co Ltd                                         | CUSIP: 000000000<br>LEI: 9884006OCHPD0V2O6P20 | Long             | EC               | CORP              | KR        |    460671 | NS      | $14238066.14  | 0.44%             |  |  |  | No            |                  2 | On Loan: —       |
| Industrial Bank of Korea                            | Industrial Bank of Korea                              | CUSIP: 000000000<br>LEI: 988400RBIWE3YA18PK12 | Long             | EC               | CORP              | KR        |   1316838 | NS      | $15003533.49  | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Meritz Financial Group Inc                          | Meritz Financial Group Inc                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    408822 | NS      | $33044293.03  | 1.03%             |  |  |  | No            |                  2 | On Loan: —       |
| LG Electronics Inc                                  | LG Electronics Inc                                    | CUSIP: 000000000<br>LEI: 988400RMQFTGZIOG0609 | Long             | EC               | CORP              | KR        |    466643 | NS      | $24000810.46  | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| HD Hyundai Electric Co Ltd                          | HD Hyundai Electric Co Ltd                            | CUSIP: 000000000<br>LEI: 988400CSDKM9UHLHGB91 | Long             | EC               | CORP              | KR        |    101671 | NS      | $27837152.82  | 0.86%             |  |  |  | No            |                  2 | On Loan: —       |
| LG Corp                                             | LG Corp                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    414639 | NS      | $21299768.61  | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Coway Co Ltd                                        | Coway Co Ltd                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    265814 | NS      | $17093197.59  | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| LG Innotek Co Ltd                                   | LG Innotek Co Ltd                                     | CUSIP: 000000000<br>LEI: 988400KTHH2LMUX7EB48 | Long             | EC               | CORP              | KR        |     75509 | NS      | $7913325.27   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Korean Air Lines Co Ltd                             | Korean Air Lines Co Ltd                               | CUSIP: 000000000<br>LEI: 988400C2UFBF4B660C58 | Long             | EC               | CORP              | KR        |    871389 | NS      | $14195910.18  | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| HLB Inc                                             | HLB Inc                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    517509 | NS      | $20399691.21  | 0.63%             |  |  |  | No            |                  2 | On Loan: —       |
| Hanwha Ocean Co Ltd                                 | Hanwha Ocean Co Ltd                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    410560 | NS      | $23130928.97  | 0.72%             |  |  |  | No            |                  2 | On Loan: —       |
| Hyundai Motor Co                                    | Hyundai Motor Co                                      | CUSIP: 000000000<br>LEI: 9884004RQX8PRBXQ8S60 | Long             | EP               | CORP              | KR        |    111342 | NS      | $11915226.27  | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| SKC Co Ltd                                          | SKC Co Ltd                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     96490 | NS      | $6212384.21   | 0.19%             |  |  |  | No            |                  2 | On Loan: —       |
| Samsung SDI Co Ltd                                  | Samsung SDI Co Ltd                                    | CUSIP: 000000000<br>LEI: 9884002AESDO4YW87G32 | Long             | EC               | CORP              | KR        |    267284 | NS      | $32680039.04  | 1.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Ecopro Materials Co Ltd                             | Ecopro Materials Co Ltd                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    108676 | NS      | $3541193.61   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung C&T Corp                                    | Samsung C&T Corp                                      | CUSIP: 000000000<br>LEI: 988400GFRE4IDFPE9E64 | Long             | EC               | CORP              | KR        |    380251 | NS      | $41214155.36  | 1.28%             |  |  |  | No            |                  2 | On Loan: No      |
| SK Square Co Ltd                                    | SK Square Co Ltd                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    408742 | NS      | $33807527.37  | 1.05%             |  |  |  | No            |                  2 | On Loan: —       |
| Hanjin Kal Corp                                     | Hanjin Kal Corp                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    130897 | NS      | $13357341.76  | 0.41%             |  |  |  | No            |                  2 | On Loan: —       |
| SK Hynix Inc                                        | SK Hynix Inc                                          | CUSIP: 000000000<br>LEI: 988400XAIK6XISWQV045 | Long             | EC               | CORP              | KR        |   2203869 | NS      | $325095130.59 | 10.09%            |  |  |  | No            |                  2 | On Loan: —       |
| Lotte Shopping Co Ltd                               | Lotte Shopping Co Ltd                                 | CUSIP: 000000000<br>LEI: 9884003SJK2VZLLC4B08 | Long             | EC               | CORP              | KR        |         1 | NS      | $58.30        | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Posco International Corp                            | Posco International Corp                              | CUSIP: 000000000<br>LEI: 988400B6ECL5BWA8KC19 | Long             | EC               | CORP              | KR        |    285903 | NS      | $10127920.66  | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Heavy Industries Co Ltd                     | Samsung Heavy Industries Co Ltd                       | CUSIP: 000000000<br>LEI: 988400OSK0T9LDTWNC20 | Long             | EC               | CORP              | KR        |   2891163 | NS      | $35310348.93  | 1.10%             |  |  |  | No            |                  2 | On Loan: —       |
| S-Oil Corp                                          | S-Oil Corp                                            | CUSIP: 000000000<br>LEI: 988400QTUXYDN8W3MZ32 | Long             | EC               | CORP              | KR        |    232118 | NS      | $9137303.65   | 0.28%             |  |  |  | No            |                  2 | On Loan: —       |
| Korea Electric Power Corp                           | Korea Electric Power Corp                             | CUSIP: 000000000<br>LEI: 988400QG33WS7JEIV602 | Long             | EC               | CORP              | KR        |   1174344 | NS      | $25683154.54  | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Hyundai Motor Co                                    | Hyundai Motor Co                                      | CUSIP: 000000000<br>LEI: 9884004RQX8PRBXQ8S60 | Long             | EP               | CORP              | KR        |    162502 | NS      | $17365710.44  | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| HD Hyundai Co Ltd                                   | HD Hyundai Co Ltd                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    215744 | NS      | $17429734.68  | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| LG Display Co Ltd                                   | LG Display Co Ltd                                     | CUSIP: 000000000<br>LEI: 988400P37K91W0SABO95 | Long             | EC               | CORP              | KR        |   1538243 | NS      | $9576260.62   | 0.30%             |  |  |  | No            |                  2 | On Loan: —       |
| LS Electric Co Ltd                                  | LS Electric Co Ltd                                    | CUSIP: 000000000<br>LEI: 988400AF8KS117D7D072 | Long             | EC               | CORP              | KR        |     71185 | NS      | $12996657.10  | 0.40%             |  |  |  | No            |                  2 | On Loan: —       |
| NAVER Corp                                          | NAVER Corp                                            | CUSIP: 000000000<br>LEI: 988400ULUQYDB2HQYJ61 | Long             | EC               | CORP              | KR        |    585753 | NS      | $79374450.98  | 2.46%             |  |  |  | No            |                  2 | On Loan: —       |
| Samsung Life Insurance Co Ltd                       | Samsung Life Insurance Co Ltd                         | CUSIP: 000000000<br>LEI: 988400VYE6E0WYSM4S92 | Long             | EC               | CORP              | KR        |    351589 | NS      | $25159770.33  | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Korea Aerospace Industries Ltd                      | Korea Aerospace Industries Ltd                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    346898 | NS      | $21015724.20  | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Electronics Co Ltd                          | Samsung Electronics Co Ltd                            | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EP               | CORP              | KR        |    524737 | NS      | $17488342.43  | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| LG Chem Ltd                                         | LG Chem Ltd                                           | CUSIP: 000000000<br>LEI: 988400IES4EIG7O06940 | Long             | EC               | CORP              | KR        |    211341 | NS      | $30156292.59  | 0.94%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung SDS Co Ltd                                  | Samsung SDS Co Ltd                                    | CUSIP: 000000000<br>LEI: 988400G19T2TB4CAWX91 | Long             | EC               | CORP              | KR        |    195078 | NS      | $18360697.42  | 0.57%             |  |  |  | No            |                  2 | 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