# EDGAR Filing Document

**Accession Number:** 0000930667
**File Stem:** 0001004726-26-002858
**Filing Date:** 2026-4
**Character Count:** 101087
**Document Hash:** f93c028fb1cc2577c6463fabe71e9040
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004726-26-002858.hdr.sgml**: 20260423

**ACCESSION NUMBER**: 0001004726-26-002858

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260423

**DATE AS OF CHANGE**: 20260423

**PERIOD START**: 20260831

**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:** 26886598

**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 Metals & Mining Producers ETF (Series ID: S000035885)

| Class ID   | Class Name                                        | Ticker Symbol   |
|:---|:---|:---|
| C000109988 | iShares MSCI Global Metals & Mining Producers ETF | PICK            |

## 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 Metals & Mining Producers ETF

- **b. EDGAR series identifier (if any):** S000035885

- **c. LEI of Series:** 549300P22YCPXTDJWG70

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

- **a. Date of fiscal year-end:** 2026-08-31

- **b. Date as of which information is reported:** 2026-02-28

**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:** $2093304593.00

**Total Liabilities:** $31313699.34

**Net Assets:** $2061990893.66

**Cash Not Reported:** $36912.49

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000109988 | 9.58%                | 13.98%               | 10.14%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-466619.74              | $88925998.09                               |
| Month 2  | $1192433.41              | $179694947.20                              |
| Month 3  | $9623114.33              | $176060848.24                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Foran Mining Corp                                                          | FORAN MINING CORP                                 | CUSIP: 344911201<br>LEI: 529900LRYPIWB6RISB58 | Long             | EC               | CORP              | CA        |    346961 | NS      | $1867009.08   | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| EREGLI DEMIR VE CELIK FABRIKALARI TURK ANONIM SIRKETI                      | EREGLI DEMIR VE CELIK FABRIKALARI TAS             | CUSIP: N/A<br>LEI: 789000VYQF5IDGG49908       | Long             | EC               | CORP              | TR        |   4229222 | NS      | $3150566.95   | 0.15%             |  |  |  | No            | 2                  | On Loan: No      |
| XAE ENERGY MAR26                                                           | XAE ENERGY MAR26                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |         3 | NC      | $14477.50     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| Compania de Minas Buenaventura S.A.A.                                      | CIA DE MINAS BUENAVENTURA SAA                     | CUSIP: 204448104<br>LEI: N/A                  | Long             |  | CORP              | PE        |    202083 | NS      | $8824964.61   | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| Northam Platinum Holdings Limited                                          | NORTHAM PLATINUM HOLDINGS LTD                     | CUSIP: N/A<br>LEI: 3789009D0712C7101695       | Long             | EC               | CORP              | ZA        |    438100 | NS      | $11992479.67  | 0.58%             |  |  |  | No            | 2                  | On Loan: No      |
| OSAKA STEEL CO., LTD.                                                      | OSAKA STEEL CO LTD                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     13400 | NS      | $223657.30    | 0.01%             |  |  |  | No            | 2                  | On Loan: —       |
| CENTURY IRON AND STEEL INDUSTRIAL CO., LTD.                                | CENTURY IRON STEEL INDUSTRIAL CO LTD              | CUSIP: Y1248T109<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    201000 | NS      | $820699.93    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| Jinchuan Group International Resources Co Ltd                              | JINCHUAN GROUP INTERNATIONAL RESOURCES CO LTD     | CUSIP: N/A<br>LEI: 254900RWLOXOMORJEB03       | Long             | EC               | CORP              | KY        |   2398000 | NS      | $156936.37    | 0.01%             |  |  |  | No            | 3                  | On Loan: —       |
| Qatar Aluminum Manufacturing Company QPSC                                  | QATAR ALUMINUM MANUFACTURING CO                   | CUSIP: V7237V107<br>LEI: 27638CCN3VO5C1FBE839 | Long             | EC               | CORP              | QA        |   3452498 | NS      | $1648046.07   | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| CHINA METAL RECYCLING HOLDINGS LTD                                         | CHINA METAL RECYCLING HOLDINGS LTD                | CUSIP: G21131100<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |    132000 | NS      | $0.17         | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| SWISS FRANC                                                                | SWISS FRANC                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | CH        |     12330 | NS      | $16036.59     | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| Saudi Steel Pipes Company SJSC                                             | SAUDI STEEL PIPE CO                               | CUSIP: M82597101<br>LEI: N/A                  | Long             | EC               | CORP              | SA        |     25116 | NS      | $257360.79    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| KARDEMIR KARABUK DEMIR CELIK SANAYI VE TICARET ANONIM SIRKETI              | KARDEMIR KARABUK DEMIR CELIK SANAYI VE TICARET AS | CUSIP: N/A<br>LEI: 789000HKISRM8ZEH0128       | Long             | EC               | CORP              | TR        |    928513 | NS      | $689143.50    | 0.03%             |  |  |  | No            | 2                  | On Loan: —       |
| MINERAL RESOURCES LIMITED                                                  | MINERAL RESOURCES LTD                             | CUSIP: N/A<br>LEI: 5299007V1ACKFFX2P066       | Long             | EC               | CORP              | AU        |    217020 | NS      | $9379739.43   | 0.45%             |  |  |  | No            | 2                  | On Loan: No      |
| NUCOR CORPORATION                                                          | NUCOR CORP                                        | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |    278879 | NS      | $49328117.52  | 2.39%             |  |  |  | No            | 1                  | On Loan: No      |
| BlackRock Funds III: BlackRock Cash Funds: Treasury; SL Agency Shares      | BLACKROCK CASH FUNDS TREASURY                     | CUSIP: 066922477<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   2930609 | NS      | $2930609.32   | 0.14%             |  |  |  | No            | 1                  | On Loan: No      |
| Companhia Siderurgica Nacional S. A.                                       | CIA SIDERURGICA NACIONAL SA                       | CUSIP: N/A<br>LEI: 529900K40TEND42S0T46       | Long             | EC               | CORP              | BR        |    731347 | NS      | $1229730.06   | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Hudbay Minerals Inc.                                                       | HUDBAY MINERALS INC                               | CUSIP: 443628102<br>LEI: 894500LX3TMESP27BE29 | Long             | EC               | CORP              | CA        |    481201 | NS      | $13634704.48  | 0.66%             |  |  |  | No            | 1                  | On Loan: No      |
| AICHI STEEL CORPORATION                                                    | AICHI STEEL CORP                                  | CUSIP: J0039M106<br>LEI: 353800P9OWOVHHY4ML18 | Long             | EC               | CORP              | JP        |     37800 | NS      | $846797.85    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| ANTOFAGASTA PLC                                                            | ANTOFAGASTA PLC                                   | CUSIP: N/A<br>LEI: 213800MY6QVH4FVLD628       | Long             | EC               | CORP              | GB        |    479842 | NS      | $27568237.69  | 1.34%             |  |  |  | No            | 2                  | On Loan: No      |
| TIANGONG INTERNATIONAL COMPANY LIMITED                                     | TIANGONG INTERNATIONAL CO LTD                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |   1642000 | NS      | $883992.69    | 0.04%             |  |  |  | No            | 2                  | On Loan: —       |
| FORTESCUE LTD                                                              | FORTESCUE METALS GROUP LTD                        | CUSIP: N/A<br>LEI: 529900VEJFORCO6I4826       | Long             | EC               | CORP              | AU        |   2053349 | NS      | $30843806.13  | 1.50%             |  |  |  | No            | 2                  | On Loan: No      |
| HINDALCO INDUSTRIES LIMITED                                                | HINDALCO INDUSTRIES LTD                           | CUSIP: N/A<br>LEI: 335800KXLE5NO5B4GF90       | Long             | EC               | CORP              | IN        |   1641029 | NS      | $16700999.19  | 0.81%             |  |  |  | No            | 2                  | On Loan: No      |
| Jiangxi Copper Company Limited                                             | JIANGXI COPPER CO LTD                             | CUSIP: Y4446C118<br>LEI: 3003002E74YFQ6MEZY56 | Long             | EC               | CORP              | CN        |    148525 | NS      | $1255566.48   | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| Nippon Light Metal Holdings Company, Ltd.                                  | NIPPON LIGHT METAL HOLDINGS CO LTD                | CUSIP: N/A<br>LEI: 353800J9KCFJSF2CGT47       | Long             | EC               | CORP              | JP        |     66240 | NS      | $1321170.32   | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| WORTHINGTON STEEL, INC.                                                    | WORTHINGTON STEEL INC                             | CUSIP: 982104101<br>LEI: 2549009ZUUWL3QLK6G24 | Long             | EC               | CORP              | US        |     39423 | NS      | $1638419.88   | 0.08%             |  |  |  | No            | 1                  | On Loan: No      |
| Hunan Valin Steel Co., Ltd.                                                | HUNAN VALIN STEEL CO LTD                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |    488200 | NS      | $476976.03    | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| JSW STEEL LIMITED                                                          | JSW STEEL LTD                                     | CUSIP: N/A<br>LEI: 335800EK6HZSC4CVAJ09       | Long             | EC               | CORP              | IN        |    744039 | NS      | $10363054.93  | 0.50%             |  |  |  | No            | 2                  | On Loan: No      |
| Xiamen Tungsten Co., Ltd.                                                  | XIAMEN TUNGSTEN CO LTD                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |    110699 | NS      | $1131588.01   | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |
| NGEx Minerals Ltd                                                          | NGEX MINERALS LTD                                 | CUSIP: 62930A102<br>LEI: 549300M2DU5ORAGOIG27 | Long             | EC               | CORP              | CA        |    163702 | NS      | $3782769.72   | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Usinas Siderurgicas de Minas Gerais S/A - USIMINAS                         | USINAS SIDERURGICAS DE MINAS GERAIS SA USIMINAS   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |    604740 | NS      | $834002.11    | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| Americas Gold and Silver Corporation                                       | AMERICAS GOLD SILVER CORP                         | CUSIP: 03062D803<br>LEI: 5493005AKGOT669Z4P51 | Long             | EC               | CORP              | CA        |    265796 | NS      | $2609148.08   | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| RAMACO RESOURCES, INC.                                                     | RAMACO RESOURCES INC                              | CUSIP: 75134P600<br>LEI: 5493001BYUI4TCQOPF70 | Long             | EC               | CORP              | US        |     46711 | NS      | $707204.54    | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| APERAM SA                                                                  | APERAM SA                                         | CUSIP: N/A<br>LEI: 5493001136GE6L4R7M63       | Long             | EC               | CORP              | LU        |     53499 | NS      | $2809487.03   | 0.14%             |  |  |  | No            | 2                  | On Loan: No      |
| MAANSHAN IRON & STEEL COMPANY LIMITED                                      | MAANSHAN IRON STEEL CO LTD                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |   1704000 | NS      | $595078.45    | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| AUSTRALIAN DOLLAR                                                          | AUSTRALIAN DOLLAR                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | AU        |    597093 | NS      | $424921.54    | 0.02%             |  |  |  | No            | N/A                | On Loan: No      |
| CHINA HONGQIAO GROUP LIMITED                                               | CHINA HONGQIAO GROUP LTD                          | CUSIP: N/A<br>LEI: 3003009Q4IBFSDE24571       | Long             | EC               | CORP              | KY        |   3461000 | NS      | $15610764.69  | 0.76%             |  |  |  | No            | 2                  | On Loan: No      |
| Brazilian Rare Earths Ltd                                                  | BRAZILIAN RARE EARTHS LTD                         | CUSIP: Q17549108<br>LEI: 9845008972A00C4E4C60 | Long             | EC               | CORP              | AU        |    105651 | NS      | $402999.86    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| INDIAN RUPEE                                                               | INDIAN RUPEE                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | IN        |   2828193 | NS      | $31087.16     | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| NioCorp Developments Ltd                                                   | NIOCORP DEVELOPMENTS LTD                          | CUSIP: 654484609<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    136395 | NS      | $722893.50    | 0.04%             |  |  |  | No            | 1                  | On Loan: —       |
| Shanjin International Gold Co.,Ltd.                                        | YINTAI GOLD CO LTD                                | CUSIP: N/A<br>LEI: 655600QGA2EHH1HUDW82       | Long             | EC               | CORP              | CN        |    202840 | NS      | $919717.36    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| KGHM POLSKA MIEDZ SPOLKA AKCYJNA                                           | KGHM POLSKA MIEDZ SA                              | CUSIP: N/A<br>LEI: G30CO71KTT9JDYJESN22       | Long             | EC               | CORP              | PL        |    170505 | NS      | $16078956.41  | 0.78%             |  |  |  | No            | 2                  | On Loan: No      |
| United States Antimony Corp                                                | UNITED STATES ANTIMONY CORP                       | CUSIP: 911549103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    143569 | NS      | $1283506.86   | 0.06%             |  |  |  | No            | 1                  | On Loan: —       |
| IMPALA PLATINUM HOLDINGS LIMITED                                           | IMPALA PLATINUM HOLDINGS LTD                      | CUSIP: N/A<br>LEI: 254900BZFIFB4PD2Z778       | Long             | EC               | CORP              | ZA        |   1100506 | NS      | $24448493.86  | 1.19%             |  |  |  | No            | 2                  | On Loan: No      |
| UACJ Corporation                                                           | UACJ CORP                                         | CUSIP: N/A<br>LEI: 353800GO7FBE4RSRH831       | Long             | EC               | CORP              | JP        |    178252 | NS      | $3150105.64   | 0.15%             |  |  |  | No            | 2                  | On Loan: No      |
| FENG HSIN STEEL CO., LTD                                                   | FENG HSIN STEEL CO LTD                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |    505918 | NS      | $1097390.30   | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Mitsui Kinzoku Company, Limited                                            | MITSUI KINZOKU CO LTD                             | CUSIP: N/A<br>LEI: 35380021EYAHSQM25559       | Long             | EC               | CORP              | JP        |     69700 | NS      | $16378523.17  | 0.79%             |  |  |  | No            | 2                  | On Loan: No      |
| Grupa Kety SA                                                              | GRUPA KETY SA                                     | CUSIP: N/A<br>LEI: 2594007JKYYF3WGI0129       | Long             | EC               | CORP              | PL        |     11825 | NS      | $3580586.28   | 0.17%             |  |  |  | No            | 2                  | On Loan: No      |
| AMG Critical Materials N.V.                                                | AMG CRITICAL MATERIALS NV                         | CUSIP: N/A<br>LEI: 5493006MN6OH67U2YI74       | Long             | EC               | CORP              | NL        |     37516 | NS      | $1482288.27   | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| Bekaert NV                                                                 | BEKAERT SA                                        | CUSIP: N/A<br>LEI: 5493008SR6XZECH6BN71       | Long             | EC               | CORP              | BE        |     40811 | NS      | $2106286.02   | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| YODOKO, Ltd.                                                               | YODOKO LTD                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    129000 | NS      | $1190797.25   | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| MMG Limited                                                                | MMG LTD                                           | CUSIP: N/A<br>LEI: 529900XB5IQXFMSWEC48       | Long             | EC               | CORP              | HK        |   5155600 | NS      | $7078518.53   | 0.34%             |  |  |  | No            | 2                  | On Loan: No      |
| POSCO Holdings Inc.                                                        | POSCO                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     88376 | NS      | $25363947.69  | 1.23%             |  |  |  | No            | 2                  | On Loan: No      |
| Granges AB                                                                 | GRANGES AB                                        | CUSIP: N/A<br>LEI: 5493006UG44TYSIXOB13       | Long             | EC               | CORP              | SE        |    129286 | NS      | $2289408.79   | 0.11%             |  |  |  | No            | 2                  | On Loan: No      |
| Tung Ho Steel Enterprise Corp.                                             | TUNG HO STEEL ENTERPRISE CORP                     | CUSIP: N/A<br>LEI: 5299003755GCQVWX5K49       | Long             | EC               | CORP              | TW        |    550700 | NS      | $1293221.25   | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| GERDAU S.A.                                                                | GERDAU SA                                         | CUSIP: N/A<br>LEI: 254900YDV6SEQQPZVG24       | Long             | EC               | CORP              | BR        |   1576908 | NS      | $6456510.08   | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Jiangxi Copper Company Limited                                             | JIANGXI COPPER CO LTD                             | CUSIP: N/A<br>LEI: 3003002E74YFQ6MEZY56       | Long             | EC               | CORP              | CN        |   1237000 | NS      | $7175735.02   | 0.35%             |  |  |  | No            | 2                  | On Loan: No      |
| TMC the metals company Inc                                                 | TMC THE METALS CO INC                             | CUSIP: 87261Y106<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    248227 | NS      | $1556383.29   | 0.08%             |  |  |  | No            | 1                  | On Loan: —       |
| NMDC LIMITED                                                               | NMDC LTD                                          | CUSIP: N/A<br>LEI: 335800IXHXOHQ7B2HP66       | Long             | EC               | CORP              | IN        |   3737353 | NS      | $3363167.99   | 0.16%             |  |  |  | No            | 2                  | On Loan: No      |
| HONG KONG DOLLAR                                                           | HONG KONG DOLLAR                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | HK        |    889186 | NS      | $113657.23    | 0.01%             |  |  |  | No            | N/A                | On Loan: No      |
| Companhia de Ferro Ligas da Bahia (Ferbasa)                                | CIA FERRO LIGAS DA BAHIA FERBASA                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |    186541 | NS      | $308566.80    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Taseko Mines Limited                                                       | TASEKO MINES LTD                                  | CUSIP: 876511106<br>LEI: 549300XKUO1JSLU7KX54 | Long             | EC               | CORP              | CA        |    437989 | NS      | $3901298.60   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Acerinox, S.A.                                                             | ACERINOX SA                                       | CUSIP: N/A<br>LEI: 95980020140005582721       | Long             | EC               | CORP              | ES        |    227206 | NS      | $3613320.07   | 0.18%             |  |  |  | No            | 2                  | On Loan: No      |
| Wanguo Gold Group Ltd                                                      | WANGUO GOLD GROUP LTD                             | CUSIP: N/A<br>LEI: 984500A4815DA9DE4623       | Long             | EC               | CORP              | KY        |   1298500 | NS      | $2973415.92   | 0.14%             |  |  |  | No            | 2                  | On Loan: No      |
| Alleima AB                                                                 | ALLEIMA AB                                        | CUSIP: N/A<br>LEI: 529900EBHTYGLA6PGP77       | Long             | EC               | CORP              | SE        |    229242 | NS      | $2087610.09   | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| China Nonferrous Mining Corp Ltd                                           | CHINA NONFERROUS MINING CORP LTD                  | CUSIP: Y13982106<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |   1653000 | NS      | $3159542.23   | 0.15%             |  |  |  | No            | 2                  | On Loan: No      |
| JASTRZEBSKA SPOLKA WEGLOWA SPOLKA AKCYJNA                                  | JASTRZEBSKA SPOLKA WEGLOWA SA                     | CUSIP: N/A<br>LEI: 259400D4E0H5BGXNIK97       | Long             | EC               | CORP              | PL        |     62655 | NS      | $476192.12    | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| Develop Global Ltd                                                         | DEVELOP GLOBAL LTD                                | CUSIP: Q9394G267<br>LEI: N/A                  | Long             | EC               | CORP              | AU        |    317683 | NS      | $1310390.89   | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| Nittetsu Mining Co., Ltd.                                                  | NITTETSU MINING CO LTD                            | CUSIP: N/A<br>LEI: 213800HBRWZK44PCU381       | Long             | EC               | CORP              | JP        |     53300 | NS      | $1426370.24   | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| RYERSON HOLDING CORPORATION                                                | RYERSON HOLDING CORP                              | CUSIP: 783754104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     56111 | NS      | $1467863.76   | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Sumitomo Metal Mining Co., Ltd.                                            | SUMITOMO METAL MINING CO LTD                      | CUSIP: N/A<br>LEI: 353800CF81IXL9974H84       | Long             | EC               | CORP              | JP        |    298500 | NS      | $24243586.20  | 1.18%             |  |  |  | No            | 2                  | On Loan: No      |
| American Battery Technology Co                                             | AMERICAN BATTERY TECHNOLOGY CO                    | CUSIP: 02451V309<br>LEI: 529900JBJ8D85CDPHQ69 | Long             | EC               | CORP              | US        |    143569 | NS      | $529769.61    | 0.03%             |  |  |  | No            | 1                  | On Loan: —       |
| MP MATERIALS CORP                                                          | MP MATERIALS CORP                                 | CUSIP: 553368101<br>LEI: 89450063PHPS61USMT84 | Long             | EC               | CORP              | US        |    172381 | NS      | $10148069.47  | 0.49%             |  |  |  | No            | 1                  | On Loan: —       |
| PTC INDUSTRIES LIMITED                                                     | PTC INDUSTRIES LTD                                | CUSIP: N/A<br>LEI: 335800WHBPFCCRTAAO49       | Long             | EC               | CORP              | IN        |      6128 | NS      | $1208331.89   | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| Tongling Nonferrous Metals Group Co., Ltd.                                 | TONGLING NONFERROUS METALS GROUP CO LTD           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |    992200 | NS      | $1145828.26   | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| KIRLOSKAR FERROUS INDUSTRIES LTD                                           | KIRLOSKAR FERROUS INDUSTRIES LTD                  | CUSIP: Y4807J132<br>LEI: 335800I46D67F2PR5C23 | Long             | EC               | CORP              | IN        |     78056 | NS      | $341174.86    | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| IMDEX LTD                                                                  | IMDEX LTD                                         | CUSIP: N/A<br>LEI: 529900H31NX5KRKXB865       | Long             | EC               | CORP              | AU        |    619598 | NS      | $1871815.75   | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| MALAYSIAN RINGGIT                                                          | MALAYSIAN RINGITT                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | MY        |    153099 | NS      | $39346.91     | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| CMOC Group Limited                                                         | CMOC GROUP LTD                                    | CUSIP: Y1503Z113<br>LEI: 2549008KG3638J59U652 | Long             | EC               | CORP              | CN        |   1254100 | NS      | $4378651.59   | 0.21%             |  |  |  | No            | 2                  | On Loan: No      |
| RELIANCE, INC.                                                             | RELIANCE INC                                      | CUSIP: 759509102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     63713 | NS      | $20110371.32  | 0.98%             |  |  |  | No            | 1                  | On Loan: No      |
| LYNAS RARE EARTHS LIMITED                                                  | LYNAS RARE EARTHS LTD                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |   1102362 | NS      | $14610968.32  | 0.71%             |  |  |  | No            | 2                  | On Loan: No      |
| OK RUSAL MKPAO                                                             | UNITED CO RUSAL INTERNATIONAL PJSC                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | RU        |   3450000 | NS      | $446.31       | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| LEO LITHIUM LTD                                                            | LEO LITHIUM LTD                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |   1454959 | NS      | $10.35        | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| TIANSHAN ALUMINUM GROUP CO., LTD.                                          | TIANSHAN ALUMINUM GROUP CO LTD                    | CUSIP: Y9894M104<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    325760 | NS      | $838040.32    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| FIRST QUANTUM MINERALS LTD.                                                | FIRST QUANTUM MINERALS LTD                        | CUSIP: 335934105<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | EC               | CORP              | CA        |    862967 | NS      | $25837448.98  | 1.25%             |  |  |  | No            | 1                  | On Loan: No      |
| YIEH PHUI ENTERPRISE CO., LTD.                                             | YIEH PHUI ENTERPRISE CO LTD                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |   1069831 | NS      | $499284.57    | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| CLEVELAND-CLIFFS INC.                                                      | CLEVELAND CLIFFS INC                              | CUSIP: 185899101<br>LEI: 549300TM2WLI2BJMDD86 | Long             | EC               | CORP              | US        |    692909 | NS      | $7386409.94   | 0.36%             |  |  |  | No            | 1                  | On Loan: —       |
| East Pipes Integrated Company for Industry CJSC                            | EAST PIPES INTEGRATED CO FOR INDUSTRY             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | SA        |     18151 | NS      | $678673.83    | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| SOUTHERN COPPER CORPORATION                                                | SOUTHERN COPPER CORP                              | CUSIP: 84265V105<br>LEI: 2549007U6NAP46Q9TU15 | Long             | EC               | CORP              | US        |    110434 | NS      | $24107742.20  | 1.17%             |  |  |  | No            | 1                  | On Loan: No      |
| China Steel Corporation                                                    | CHINA STEEL CORP                                  | CUSIP: N/A<br>LEI: 529900D3N7UIJMVJ9120       | Long             | EC               | CORP              | TW        |  14240612 | NS      | $9421777.75   | 0.46%             |  |  |  | No            | 2                  | On Loan: No      |
| MEXICAN NUEVO PESO                                                         | MEXICAN NUEVO PESO                                | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | MX        |    576684 | NS      | $33485.29     | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| MECHEL PAO                                                                 | MECHEL PJSC                                       | CUSIP: N/A<br>LEI: 253400C9GSPBSKERRP65       | Long             | EC               | CORP              | RU        |     96000 | NS      | $12.42        | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| HYUNDAI STEEL COMPANY                                                      | HYUNDAI STEEL CO                                  | CUSIP: N/A<br>LEI: 9884006EYA94IB2C3132       | Long             | EC               | CORP              | KR        |    104883 | NS      | $3382499.28   | 0.16%             |  |  |  | No            | 2                  | On Loan: No      |
| CHUNG HUNG STEEL CORPORATION                                               | CHUNG HUNG STEEL CORP                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |   1006000 | NS      | $581209.96    | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| SARDA ENERGY & MINERALS LIMITED                                            | SARDA ENERGY MINERALS LTD                         | CUSIP: Y7527G106<br>LEI: 3358008BGCGZ8DKYHY59 | Long             | EC               | CORP              | IN        |    104818 | NS      | $636054.87    | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| METALURGICA GERDAU S.A.                                                    | METALURGICA GERDAU SA                             | CUSIP: P4834C118<br>LEI: N/A                  | Long             | EP               | CORP              | BR        |    987479 | NS      | $1799093.70   | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| HENAN SHENHUO COAL & POWER CO.,LTD                                         | HENAN SHENHUO COAL POWER CO LTD                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |    162900 | NS      | $769774.95    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| PERENTI LIMITED                                                            | PERENTI LTD                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |   1025940 | NS      | $1715542.95   | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| INDONESIAN RUPIAH                                                          | INDONESIAN RUPIAH                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | ID        |         1 | NS      | $0.00         | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| VALE S.A.                                                                  | VALE SA                                           | CUSIP: N/A<br>LEI: 254900SMTWBX7RU2SR20       | Long             | EC               | CORP              | BR        |   4412719 | NS      | $76152004.28  | 3.69%             |  |  |  | No            | 1                  | On Loan: No      |
| Vizsla Silver Corp.                                                        | VIZSLA SILVER CORP                                | CUSIP: 92859G608<br>LEI: 549300ADJF7HWIEDL366 | Long             | EC               | CORP              | CA        |    418138 | NS      | $1830053.05   | 0.09%             |  |  |  | No            | 1                  | On Loan: —       |
| PLS GROUP LIMITED                                                          | PLS GROUP LTD                                     | CUSIP: N/A<br>LEI: 5299000VV1CZVF5K9C16       | Long             | EC               | CORP              | AU        |   3898803 | NS      | $14347225.21  | 0.70%             |  |  |  | No            | 2                  | On Loan: —       |
| SSAB AB                                                                    | SSAB AB                                           | CUSIP: N/A<br>LEI: 529900329VS14ZIML164       | Long             | EC               | CORP              | SE        |    768462 | NS      | $6785273.13   | 0.33%             |  |  |  | No            | 2                  | On Loan: No      |
| Collective Mining Ltd                                                      | COLLECTIVE MINING LTD                             | CUSIP: 19425C100<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     67189 | NS      | $1399391.14   | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| NMDC STEEL LIMITED                                                         | NMDC STEEL LTD                                    | CUSIP: Y62245108<br>LEI: 335800XNI1D4ZCE7VG97 | Long             | EC               | CORP              | IN        |    917082 | NS      | $409338.67    | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| GODAWARI POWER AND ISPAT LIMITED                                           | GODAWARI POWER AND ISPAT LTD                      | CUSIP: N/A<br>LEI: 335800BC29IHAN5IOG37       | Long             | EC               | CORP              | IN        |    290247 | NS      | $850178.03    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| MSCI EMGMKT MAR26                                                          | MSCI EMGMKT MAR26                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |        23 | NC      | $21015.08     | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| FREEPORT-MCMORAN INC.                                                      | FREEPORT MCMORAN INC                              | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |   1744798 | NS      | $118785847.84 | 5.76%             |  |  |  | No            | 1                  | On Loan: No      |
| IGO LIMITED                                                                | IGO LTD                                           | CUSIP: N/A<br>LEI: 2549005DZO8VGXM5QN07       | Long             | EC               | CORP              | AU        |    825793 | NS      | $5050992.28   | 0.24%             |  |  |  | No            | 2                  | On Loan: No      |
| Huaibei Mining Holdings Co.,Ltd.                                           | HUAIBEI MINING HOLDINGS CO LTD                    | CUSIP: Y013A7109<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    210700 | NS      | $414695.29    | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| SANDFIRE RESOURCES LIMITED                                                 | SANDFIRE RESOURCES LTD                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    558169 | NS      | $8006346.52   | 0.39%             |  |  |  | No            | 2                  | On Loan: No      |
| JINDAL STAINLESS LIMITED                                                   | JINDAL STAINLESS LTD                              | CUSIP: N/A<br>LEI: 3358003QFQMSFDO7BP20       | Long             | EC               | CORP              | IN        |    400010 | NS      | $3419637.74   | 0.17%             |  |  |  | No            | 2                  | On Loan: No      |
| ALPHA METALLURGICAL RESOURCES, INC.                                        | ALPHA METALLURGICAL RESOURCES INC                 | CUSIP: 020764106<br>LEI: 254900VEBGZO2PY8R678 | Long             | EC               | CORP              | US        |     13541 | NS      | $2202443.65   | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| BORUSAN BIRLESIK BORU FABRIKALARI SANAYI VE TICARET ANONIM SIRKETI         | BORUSAN MANNESMANN BORU SANAYI VE TICARET AS      | CUSIP: N/A<br>LEI: 789000AZXX6WQ8RA1J39       | Long             | EC               | CORP              | TR        |     32012 | NS      | $472608.60    | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| LIONTOWN LIMITED                                                           | LIONTOWN LIMITED                                  | CUSIP: N/A<br>LEI: 529900LT0V2IEL7WZY56       | Long             | EC               | CORP              | AU        |   2325152 | NS      | $2812705.86   | 0.14%             |  |  |  | No            | 2                  | On Loan: No      |
| JAI BALAJI INDUSTRIES LIMITED                                              | JAI BALAJI INDUSTRIES LTD                         | CUSIP: Y4253T105<br>LEI: 25490001GPJGRVVSB379 | Long             | EC               | CORP              | IN        |     47860 | NS      | $36352.52     | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Iperionx Ltd                                                               | IPERIONX LTD                                      | CUSIP: Q4789U120<br>LEI: 98450096B1C9E094C832 | Long             | EC               | CORP              | AU        |    367075 | NS      | $1755047.76   | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| BRAZILIAN REAL                                                             | BRAZIALIAN REAL                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | BR        |     83319 | NS      | $16252.69     | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| Vulcan Steel Ltd                                                           | VULCAN STEEL LTD                                  | CUSIP: N/A<br>LEI: 98450060022AC677C824       | Long             | EC               | CORP              | NZ        |     90146 | NS      | $461255.81    | 0.02%             |  |  |  | No            | 1                  | On Loan: —       |
| Boliden AB                                                                 | BOLIDEN AB                                        | CUSIP: N/A<br>LEI: 21380059QU7IM1ONDJ56       | Long             | EC               | CORP              | SE        |    346202 | NS      | $27442639.55  | 1.33%             |  |  |  | No            | 2                  | On Loan: No      |
| PT Bumi Resources Minerals Tbk                                             | BUMI RESOURCES MINERALS TBK PT                    | CUSIP: Y711AT100<br>LEI: N/A                  | Long             | EC               | CORP              | ID        |  68994100 | NS      | $3988155.99   | 0.19%             |  |  |  | No            | 2                  | On Loan: No      |
| CAP S.A.                                                                   | CAP SA                                            | CUSIP: N/A<br>LEI: 54930079GPG23NTBB003       | Long             | EC               | CORP              | CL        |     79735 | NS      | $649530.83    | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| WARRIOR MET COAL, INC.                                                     | WARRIOR MET COAL INC                              | CUSIP: 93627C101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     63759 | NS      | $5307299.16   | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| KYOEI STEEL LTD.                                                           | KYOEI STEEL LTD                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     19000 | NS      | $322797.93    | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| GREAT BRITISH POUND                                                        | GREAT BRITISH POUND                               | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | GB        |     17078 | NS      | $23015.02     | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| CHINA RARE EARTH RESOURCES AND TECHNOLOGY CO., LTD.                        | CHINA RARE EARTH RESOURCES AND TECHNOLOGY CO LTD  | CUSIP: Y1521G105<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     71800 | NS      | $680134.55    | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| Kobe Steel, Ltd.                                                           | KOBE STEEL LTD                                    | CUSIP: N/A<br>LEI: 549300ZDCYYUPHEE5K87       | Long             | EC               | CORP              | JP        |    455200 | NS      | $6624031.62   | 0.32%             |  |  |  | No            | 2                  | On Loan: No      |
| Al Masane Al Kobra Mining Company SJSC                                     | AL MASANE AL KOBRA MINING CO                      | CUSIP: M08569101<br>LEI: N/A                  | Long             | EC               | CORP              | SA        |     43748 | NS      | $1139053.08   | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| ILUKA RESOURCES LIMITED                                                    | ILUKA RESOURCES LTD                               | CUSIP: N/A<br>LEI: 2549009N2Y1F4YNB0955       | Long             | EC               | CORP              | AU        |    523453 | NS      | $2511340.63   | 0.12%             |  |  |  | No            | 2                  | On Loan: No      |
| PT AMMAN MINERAL INTERNASIONAL TBK.                                        | AMMAN MINERAL INTERNASIONAL PT                    | CUSIP: Y009E4100<br>LEI: 5493006TJMVRZEVWCG37 | Long             | EC               | CORP              | ID        |  17636812 | NS      | $8045464.64   | 0.39%             |  |  |  | No            | 2                  | On Loan: No      |
| POLISH ZLOTY                                                               | POLISH ZLOTY                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | PL        |    255475 | NS      | $71498.59     | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| CHINESE RENMINBI                                                           | CHINESE RENMINBI                                  | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | CN        |    499674 | NS      | $72829.69     | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| CAPSTONE COPPER CORP                                                       | CAPSTONE COPPER CORP                              | CUSIP: 14071L108<br>LEI: 549300III6KGKKC42W63 | Long             | EC               | CORP              | CA        |    998661 | NS      | $10330344.72  | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| NIPPON STEEL CORPORATION                                                   | NIPPON STEEL CORP                                 | CUSIP: N/A<br>LEI: 35380065QWQ4U2V3PA33       | Long             | EC               | CORP              | JP        |   5871125 | NS      | $23851368.45  | 1.16%             |  |  |  | No            | 2                  | On Loan: No      |
| SIBANYE STILLWATER LIMITED                                                 | SIBANYE STILLWATER LTD                            | CUSIP: N/A<br>LEI: 378900F238434B74D281       | Long             | EC               | CORP              | ZA        |   3444901 | NS      | $15302966.86  | 0.74%             |  |  |  | No            | 2                  | On Loan: No      |
| COMMERCIAL METALS COMPANY                                                  | COMMERCIAL METALS CO                              | CUSIP: 201723103<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | EC               | CORP              | US        |    136017 | NS      | $9970046.10   | 0.48%             |  |  |  | No            | 1                  | On Loan: No      |
| Western Mining Co., Ltd.                                                   | WESTERN MINING CO LTD                             | CUSIP: Y9535G102<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    170000 | NS      | $857697.36    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| SWEDISH KRONE                                                              | SWEDISH KRONE                                     | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | SE        |    220990 | NS      | $24479.37     | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| Xinjiang Xinxin Mining Industry Co., Ltd.                                  | XINJIANG XINXIN MINING INDUSTRY CO LTD            | CUSIP: Y9723Q102<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    806000 | NS      | $301487.98    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| SSAB AB                                                                    | SSAB AB                                           | CUSIP: N/A<br>LEI: 529900329VS14ZIML164       | Long             | EC               | CORP              | SE        |    265661 | NS      | $2371261.49   | 0.11%             |  |  |  | No            | 2                  | On Loan: No      |
| MISHRA DHATU NIGAM LIMITED                                                 | MISHRA DHATU NIGAM LTD                            | CUSIP: N/A<br>LEI: 335800G1ZDM8GIT6DS63       | Long             | EC               | CORP              | IN        |     52963 | NS      | $202065.55    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Lundin Mining Corporation                                                  | LUNDIN MINING CORP                                | CUSIP: 550372106<br>LEI: 549300FQDIM6C8HTN269 | Long             | EC               | CORP              | CA        |    833489 | NS      | $26555794.83  | 1.29%             |  |  |  | No            | 1                  | On Loan: No      |
| NORWEGIAN KRONE                                                            | NORWEGIAN KRONE                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | NO        |    405632 | NS      | $42660.86     | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| CHAMPION IRON LIMITED                                                      | CHAMPION IRON LTD                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    451398 | NS      | $1721996.78   | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| USHA MARTIN LIMITED                                                        | USHA MARTIN LTD                                   | CUSIP: N/A<br>LEI: 33580037BPBHOK655A23       | Long             | EC               | CORP              | IN        |    185319 | NS      | $854381.71    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| CANADIAN DOLLAR                                                            | CANADIAN DOLLAR                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | CA        |     25707 | NS      | $18846.11     | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| Lithium Americas Corp                                                      | LITHIUM AMERICAS CORP                             | CUSIP: 53681J103<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    270834 | NS      | $1370004.47   | 0.07%             |  |  |  | No            | 1                  | On Loan: —       |
| Shandong Nanshan Aluminium Co., Ltd.                                       | SHANDONG NANSHAN ALUMINUM CO LTD                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |    841830 | NS      | $867630.45    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| China Northern Rare Earth (Group) High-Tech Co., Ltd.                      | CHINA NORTHERN RARE EARTH GROUP HIGH TECH CO LTD  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |    259169 | NS      | $2356965.56   | 0.11%             |  |  |  | No            | 2                  | On Loan: No      |
| JFE Holdings, Inc.                                                         | JFE HOLDINGS INC                                  | CUSIP: N/A<br>LEI: 3538002Y11Y03NA9B530       | Long             | EC               | CORP              | JP        |    696800 | NS      | $9808922.34   | 0.48%             |  |  |  | No            | 2                  | On Loan: No      |
| Outokumpu Oyj                                                              | OUTOKUMPU OYJ                                     | CUSIP: N/A<br>LEI: 5493009YRUJJDCFF0R80       | Long             | EC               | CORP              | FI        |    460598 | NS      | $3109996.94   | 0.15%             |  |  |  | No            | 2                  | On Loan: No      |
| TA CHEN STAINLESS PIPE CO., LTD.                                           | TA CHEN STAINLESS PIPE                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |   2300721 | NS      | $2709280.48   | 0.13%             |  |  |  | No            | 2                  | On Loan: No      |
| BLUESCOPE STEEL LIMITED                                                    | BLUESCOPE STEEL LTD                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    533776 | NS      | $10633256.58  | 0.52%             |  |  |  | No            | 2                  | On Loan: No      |
| MITSUBISHI MATERIALS CORPORATION                                           | MITSUBISHI MATERIALS CORP                         | CUSIP: N/A<br>LEI: 35380076QOBOSOUBRT89       | Long             | EC               | CORP              | JP        |    148800 | NS      | $5709733.57   | 0.28%             |  |  |  | No            | 2                  | On Loan: No      |
| Solaris Resources Inc                                                      | SOLARIS RESOURCES INC                             | CUSIP: 83419D201<br>LEI: 5299009LFMB5N4PVVZ93 | Long             | EC               | CORP              | CA        |    109415 | NS      | $1179136.03   | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| USA Rare Earth Inc                                                         | USA RARE EARTH INC                                | CUSIP: 91733P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     92564 | NS      | $1749459.60   | 0.08%             |  |  |  | No            | 1                  | On Loan: —       |
| TURKISH LIRA                                                               | TURKISH LIRA                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | TR        |    504807 | NS      | $11490.12     | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| IVANHOE MINES LTD                                                          | IVANHOE MINES LTD                                 | CUSIP: 46579R104<br>LEI: 5299006XZISURYIA4G32 | Long             | EC               | CORP              | CA        |    950020 | NS      | $10864933.10  | 0.53%             |  |  |  | No            | 1                  | On Loan: —       |
| PT Petrosea Tbk                                                            | PETROSEA TBK PT                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | ID        |   3638000 | NS      | $1326504.80   | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| ALCOA CORPORATION                                                          | ALCOA CORP                                        | CUSIP: 013872106<br>LEI: 549300T12EZ1F6PWWU29 | Long             | EC               | CORP              | US        |    315108 | NS      | $19561904.64  | 0.95%             |  |  |  | No            | 1                  | On Loan: No      |
| THE SANDUR MANGANESE AND IRON ORES LIMITED                                 | SANDUR MANGANESE IRON ORES LTD THE                | CUSIP: Y7499H116<br>LEI: 254900NF50X4VKSUO257 | Long             | EC               | CORP              | IN        |    139290 | NS      | $331710.56    | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| NATIONAL ALUMINIUM CO LTD                                                  | NATIONAL ALUMINIUM CO LTD                         | CUSIP: N/A<br>LEI: 335800OM1V78CX7SSC72       | Long             | EC               | CORP              | IN        |   1004631 | NS      | $3919835.47   | 0.19%             |  |  |  | No            | 2                  | On Loan: No      |
| Norsk Hydro ASA                                                            | NORSK HYDRO ASA                                   | CUSIP: N/A<br>LEI: 549300N1SDN71ZZ8BO45       | Long             | EC               | CORP              | NO        |   1687684 | NS      | $15659051.18  | 0.76%             |  |  |  | No            | 2                  | On Loan: No      |
| WA1 Resources Ltd                                                          | WA1 RESOURCES LTD                                 | CUSIP: N/A<br>LEI: 529900DH6OUWPF9CMW60       | Long             | EC               | CORP              | AU        |     63147 | NS      | $786536.27    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| KAISER ALUMINUM CORPORATION                                                | KAISER ALUMINUM CORP                              | CUSIP: 483007704<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19429 | NS      | $2528490.06   | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| voestalpine AG                                                             | VOESTALPINE AG                                    | CUSIP: N/A<br>LEI: 529900ZAXBMQDIWPNB72       | Long             | EC               | CORP              | AT        |    130543 | NS      | $7470991.97   | 0.36%             |  |  |  | No            | 2                  | On Loan: No      |
| Maruichi Steel Tube Ltd.                                                   | MARUICHI STEEL TUBE LTD                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    211800 | NS      | $2203665.48   | 0.11%             |  |  |  | No            | 2                  | On Loan: No      |
| NEW TAIWAN DOLLAR                                                          | NEW TAIWAN DOLLAR                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | TW        |   8895865 | NS      | $285023.39    | 0.01%             |  |  |  | No            | N/A                | On Loan: No      |
| CITIC Pacific Special Steel Group Co., Ltd                                 | CITIC PACIFIC SPECIAL STEEL GROUP CO LTD          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |    234500 | NS      | $615907.09    | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| TATA STEEL LIMITED                                                         | TATA STEEL LTD                                    | CUSIP: 87656Y406<br>LEI: 335800E6C75YGSGD5T66 | Long             |  | CORP              | IN        |      5938 | NS      | $135980.20    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| EURO                                                                       | EURO                                              | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | XX        |    142223 | NS      | $168050.14    | 0.01%             |  |  |  | No            | N/A                | On Loan: No      |
| AFRICAN RAINBOW MINERALS LIMITED                                           | AFRICAN RAINBOW MINERALS LTD                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | ZA        |    126852 | NS      | $1998047.40   | 0.10%             |  |  |  | No            | 2                  | On Loan: No      |
| SOUTH32 LIMITED                                                            | SOUTH32 LTD                                       | CUSIP: N/A<br>LEI: 213800LAZNPXSBKVHR17       | Long             | EC               | CORP              | AU        |   5476462 | NS      | $17940242.32  | 0.87%             |  |  |  | No            | 2                  | On Loan: No      |
| BlackRock Funds III: BlackRock Cash Funds: Institutional; SL Agency Shares | BLACKROCK CASH FUNDS INSTITUTIONAL FUND SL AGENCY | CUSIP: 066922519<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  25848860 | NS      | $25861784.65  | 1.25%             |  |  |  | No            | 1                  | On Loan: No      |
| ERAMET SA                                                                  | ERAMET SA                                         | CUSIP: N/A<br>LEI: 549300LUH78PG2MP6N64       | Long             | EC               | CORP              | FR        |     10037 | NS      | $698377.85    | 0.03%             |  |  |  | No            | 2                  | On Loan: —       |
| Daido Steel Co., Ltd.                                                      | DAIDO STEEL CO LTD                                | CUSIP: N/A<br>LEI: 353800WZKGRNG0T2FR92       | Long             | EC               | CORP              | JP        |    154600 | NS      | $2356221.76   | 0.11%             |  |  |  | No            | 2                  | On Loan: No      |
| GMK NORIL'SKIY NIKEL' PAO                                                  | GMK NORILSKIY NICKEL PAO                          | CUSIP: X5424N118<br>LEI: 253400JPTEEW143W3E47 | Long             | EC               | CORP              | RU        |     47600 | NS      | $0.06         | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| Aluminum Corporation of China Limited                                      | ALUMINUM CORP OF CHINA LTD                        | CUSIP: Y0094N125<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    934765 | NS      | $1867423.48   | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| SOUTH AFRICAN RAND                                                         | SOUTH AFRICAN RAND                                | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | ZA        |    907030 | NS      | $56960.82     | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| Teck Resources Limited                                                     | TECK RESOURCES LTD                                | CUSIP: 878742204<br>LEI: T8KI5SQ2JRWHL7XY0E11 | Long             | EC               | CORP              | CA        |    554386 | NS      | $32558822.96  | 1.58%             |  |  |  | No            | 1                  | On Loan: No      |
| Trilogy Metals Inc                                                         | TRILOGY METALS INC                                | CUSIP: 89621C105<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    130757 | NS      | $579253.51    | 0.03%             |  |  |  | No            | 1                  | On Loan: —       |
| VULCAN ENERGY RESOURCES LIMITED                                            | VULCAN ENERGY RESOURCES LTD                       | CUSIP: Q9496S102<br>LEI: 8945006OYFHQ9HE4XE54 | Long             | EC               | CORP              | AU        |    457929 | NS      | $1217892.90   | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| Inner Mongolia Baotou Steel Union Co., Ltd                                 | INNER MONGOLIA BAOTOU STEEL UNION CO LTD          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |   3248621 | NS      | $1533978.34   | 0.07%             |  |  |  | No            | 2                  | On Loan: No      |
| BHP GROUP LIMITED                                                          | BHP GROUP LTD                                     | CUSIP: N/A<br>LEI: WZE1WSENV6JSZFK0JC28       | Long             | EC               | CORP              | AU        |   6172223 | NS      | $250439581.89 | 12.15%            |  |  |  | No            | 2                  | On Loan: No      |
| CHILEAN PESO                                                               | CHILEAN PESO                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | CL        |  10731384 | NS      | $12296.48     | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| RIO TINTO PLC                                                              | RIO TINTO PLC                                     | CUSIP: N/A<br>LEI: 213800YOEO5OQ72G2R82       | Long             | EC               | CORP              | GB        |   1371694 | NS      | $135893355.07 | 6.59%             |  |  |  | No            | 2                  | On Loan: No      |
| PT Vale Indonesia Tbk                                                      | VALE INDONESIA TBK PT                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | ID        |   2607800 | NS      | $1226078.41   | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| SURYA ROSHNI LIMITED                                                       | SURYA ROSHNI LTD                                  | CUSIP: N/A<br>LEI: 3358007USXSNEN3WXO62       | Long             | EC               | CORP              | IN        |     80401 | NS      | $198043.02    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| PT Merdeka Copper Gold Tbk                                                 | MERDEKA COPPER GOLD TBK PT                        | CUSIP: N/A<br>LEI: 894500DF5TJXCOE26L58       | Long             | EC               | CORP              | ID        |  11835486 | NS      | $2647378.13   | 0.13%             |  |  |  | No            | 2                  | On Loan: No      |
| TATA STEEL LIMITED                                                         | TATA STEEL LTD                                    | CUSIP: N/A<br>LEI: 335800E6C75YGSGD5T66       | Long             | EC               | CORP              | IN        |   9056269 | NS      | $21174588.06  | 1.03%             |  |  |  | No            | 2                  | On Loan: No      |
| Baoshan Iron & Steel Co.,Ltd.                                              | BAOSHAN IRON STEEL CO LTD                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |   1561293 | NS      | $1638321.11   | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| MATERION CORPORATION                                                       | MATERION CORP                                     | CUSIP: 576690101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25099 | NS      | $4092642.94   | 0.20%             |  |  |  | No            | 1                  | On Loan: —       |
| SUNCOKE ENERGY, INC.                                                       | SUNCOKE ENERGY INC                                | CUSIP: 86722A103<br>LEI: 1KF1J2NXQE2PI0QOB943 | Long             | EC               | CORP              | US        |    104822 | NS      | $597485.40    | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| INNER MONGOLIA XINGYE SILVER&TIN MINING CO.,LTD                            | INNER MONGOLIA XINGYE SILVER TIN MINING CO LTD    | CUSIP: Y13689107<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    126500 | NS      | $1018455.34   | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |
| MAJOR DRILLING GROUP INTERNATIONAL INC.                                    | MAJOR DRILLING GROUP INTERNATIONAL INC            | CUSIP: 560909103<br>LEI: 549300O1MNHCX2FUBC21 | Long             | EC               | CORP              | CA        |     97221 | NS      | $1298608.28   | 0.06%             |  |  |  | No            | 1                  | On Loan: —       |
| SeAH Besteel Holdings Corporation                                          | SEAH BESTEEL HOLDINGS CORP                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     18914 | NS      | $909942.17    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| GLENCORE PLC                                                               | GLENCORE PLC                                      | CUSIP: N/A<br>LEI: 2138002658CPO9NBH955       | Long             | EC               | CORP              | JE        |  12215961 | NS      | $88267833.19  | 4.28%             |  |  |  | No            | 2                  | On Loan: No      |
| PRESS METAL ALUMINIUM HOLDINGS BERHAD                                      | PRESS METAL ALUMINIUM HOLDINGS BHD                | CUSIP: N/A<br>LEI: 254900RO5GQ4M0YV5S47       | Long             | EC               | CORP              | MY        |   4508600 | NS      | $8256101.43   | 0.40%             |  |  |  | No            | 2                  | On Loan: No      |
| Moil Ltd                                                                   | MOIL LTD                                          | CUSIP: N/A<br>LEI: 335800KIMZB1TBYBFI12       | Long             | EC               | CORP              | IN        |     75266 | NS      | $254553.50    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| Western Superconducting Technologies Co., Ltd.                             | WESTERN SUPERCONDUCTING TECHNOLOGIES CO LTD       | CUSIP: Y9T35V103<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     42889 | NS      | $563416.63    | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| KOREAN WON                                                                 | KOREAN WON                                        | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | KR        |  74343318 | NS      | $51681.14     | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| JX Advanced Metals Corporation                                             | JX ADVANCED METALS CORP                           | CUSIP: J2969E104<br>LEI: 353800NC6NPNKC4JEC58 | Long             | EC               | CORP              | JP        |    675500 | NS      | $17927298.27  | 0.87%             |  |  |  | No            | 2                  | On Loan: No      |
| Yunnan Aluminium Co., Ltd.                                                 | YUNNAN ALUMINIUM CO LTD                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |    245200 | NS      | $1112821.48   | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |
| Jiaxin International Resources Investment Ltd                              | JIAXIN INTERNATIONAL RESOURCES INVESTMENT LTD     | CUSIP: Y4S4TM107<br>LEI: 98450000BMG7870N0359 | Long             | EC               | CORP              | HK        |    105600 | NS      | $1320776.13   | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| CMOC Group Limited                                                         | CHINA MOLYBDENUM CO LTD                           | CUSIP: N/A<br>LEI: 2549008KG3638J59U652       | Long             | EC               | CORP              | CN        |   4509000 | NS      | $13871651.42  | 0.67%             |  |  |  | No            | 2                  | On Loan: No      |
| PHILIPPINE PESO                                                            | PHILIPPINE PESO                                   | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | PH        |       866 | NS      | $15.01        | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| VEDANTA LIMITED                                                            | VEDANTA LTD                                       | CUSIP: N/A<br>LEI: 335800XDKX9KB5EMCO07       | Long             | EC               | CORP              | IN        |   1665645 | NS      | $13173973.57  | 0.64%             |  |  |  | No            | 2                  | On Loan: No      |
| RAMKRISHNA FORGINGS LTD                                                    | RAMKRISHNA FORGINGS LTD                           | CUSIP: N/A<br>LEI: 335800DCYR2328NWUC07       | Long             | EC               | CORP              | IN        |     98012 | NS      | $595172.58    | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| YAMATO KOGYO CO.,LTD.                                                      | YAMATO KOGYO CO LTD                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     45300 | NS      | $3768610.14   | 0.18%             |  |  |  | No            | 2                  | On Loan: No      |
| thyssenkrupp AG                                                            | THYSSENKRUPP AG                                   | CUSIP: N/A<br>LEI: 549300UDG16DOYUPR330       | Long             | EC               | CORP              | DE        |    606366 | NS      | $7482108.38   | 0.36%             |  |  |  | No            | 2                  | On Loan: No      |
| JINDAL STEEL LIMITED                                                       | JINDAL STEEL LTD                                  | CUSIP: N/A<br>LEI: 335800UIKQBF6QO2NP15       | Long             | EC               | CORP              | IN        |    433596 | NS      | $5937242.08   | 0.29%             |  |  |  | No            | 2                  | On Loan: No      |
| VALTERRA PLATINUM LIMITED                                                  | VALTERRA PLATINUM LIMITED                         | CUSIP: N/A<br>LEI: 529900RORCZ0E5S5FX81       | Long             | EC               | CORP              | ZA        |    322844 | NS      | $37905775.69  | 1.84%             |  |  |  | No            | 2                  | On Loan: No      |
| Advanced Building Industries Co. SJSC                                      | ADVANCED BUILDING INDUSTRIES CO                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | SA        |     35502 | NS      | $345803.14    | 0.02%             |  |  |  | No            | 2                  | On Loan: No      |
| AK ALROSA PAO                                                              | ALROSA PJSC                                       | CUSIP: N/A<br>LEI: 894500DKUWVBYZLLE651       | Long             | EC               | CORP              | RU        |   2886002 | NS      | $373.35       | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| COMPASS MINERALS INTERNATIONAL, INC.                                       | COMPASS MINERALS INTERNATIONAL INC                | CUSIP: 20451N101<br>LEI: 2549008X9G8XP7YJGC47 | Long             | EC               | CORP              | US        |     43384 | NS      | $1093276.80   | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| GUANGDONG HEC TECHNOLOGY HOLDING CO., LTD                                  | GUANGDONG HEC TECHNOLOGY HOLDING CO LTD           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |    219900 | NS      | $1202194.28   | 0.06%             |  |  |  | No            | 2                  | On Loan: No      |
| Grupo Mexico, S.A.B. de C.V.                                               | GRUPO MEXICO SAB DE CV                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MX        |   3777248 | NS      | $48039172.54  | 2.33%             |  |  |  | No            | 1                  | On Loan: No      |
| EVERGREEN STEEL CORPORATION                                                | EVERGREEN STEEL CORP                              | CUSIP: Y2R6D5101<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    223000 | NS      | $733090.18    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| MAHARASHTRA SEAMLESS LIMITED                                               | MAHARASHTRA SEAMLESS LTD                          | CUSIP: N/A<br>LEI: 3358005CN9WUZJFMHV66       | Long             | EC               | CORP              | IN        |     48273 | NS      | $298150.90    | 0.01%             |  |  |  | No            | 2                  | On Loan: No      |
| ALMONTY INDUSTRIES INC.                                                    | ALMONTY INDUSTRIES INC                            | CUSIP: 020398707<br>LEI: 54930049R1BTGV5RJ021 | Long             | EC               | CORP              | CA        |    192468 | NS      | $3551497.06   | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |
| WELSPUN CORP LIMITED                                                       | WELSPUN CORP LTD                                  | CUSIP: N/A<br>LEI: 335800XKRIPYYRZNRQ31       | Long             | EC               | CORP              | IN        |    111385 | NS      | $1013276.53   | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |
| JINDAL SAW LIMITED                                                         | JINDAL SAW LTD                                    | CUSIP: N/A<br>LEI: 335800DDPMLWP71NRQ10       | Long             | EC               | CORP              | IN        |    273340 | NS      | $557801.19    | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| GLORIA MATERIAL TECHNOLOGY CORP                                            | GLORIA MATERIAL TECHNOLOGY CORP                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |    478000 | NS      | $533905.75    | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| Gravita India Ltd                                                          | GRAVITA INDIA LTD                                 | CUSIP: N/A<br>LEI: 335800PL6PSIRCLKWV57       | Long             | EC               | CORP              | IN        |     40058 | NS      | $711199.55    | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| SeAH Steel Holdings Corporation                                            | SEAH STEEL HOLDINGS CORP                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |         1 | NS      | $98.72        | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| ERO COPPER CORP.                                                           | ERO COPPER CORP                                   | CUSIP: 296006109<br>LEI: 549300KL8A21SEIO8I47 | Long             | EC               | CORP              | CA        |    119160 | NS      | $4076101.02   | 0.20%             |  |  |  | No            | 1                  | On Loan: No      |
| ArcelorMittal SA                                                           | ARCELORMITTAL SA                                  | CUSIP: N/A<br>LEI: 2EULGUTUI56JI9SAL165       | Long             | EC               | CORP              | LU        |    570668 | NS      | $37383828.87  | 1.81%             |  |  |  | No            | 2                  | On Loan: No      |
| SIMS LIMITED                                                               | SIMS LTD                                          | CUSIP: N/A<br>LEI: 5493002YM7ZHVDMFC916       | Long             | EC               | CORP              | AU        |    200708 | NS      | $3134897.05   | 0.15%             |  |  |  | No            | 2                  | On Loan: No      |
| DETERRA ROYALTIES LIMITED                                                  | DETERRA ROYALTIES LTD                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    531152 | NS      | $1631002.22   | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| NICKEL INDUSTRIES LIMITED                                                  | NICKEL INDUSTRIES LTD                             | CUSIP: N/A<br>LEI: 54930007K0WX53TSIK16       | Long             | EC               | CORP              | AU        |   2641617 | NS      | $1893598.47   | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| RIO TINTO LIMITED                                                          | RIO TINTO LTD                                     | CUSIP: N/A<br>LEI: 529900X2VMAQT2PE0V24       | Long             | EC               | CORP              | AU        |    451077 | NS      | $53624030.81  | 2.60%             |  |  |  | No            | 2                  | On Loan: No      |
| Salzgitter Aktiengesellschaft                                              | SALZGITTER AG                                     | CUSIP: N/A<br>LEI: 529900E12Z6HXIMHFA15       | Long             | EC               | CORP              | DE        |     29161 | NS      | $1861204.64   | 0.09%             |  |  |  | No            | 2                  | On Loan: No      |
| STANMORE RESOURCES LIMITED                                                 | STANMORE RESOURCES LTD                            | CUSIP: N/A<br>LEI: 52990090OHRBVS7DDA54       | Long             | EC               | CORP              | AU        |    447916 | NS      | $840351.02    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| VIOHALCO SA                                                                | VIOHALCO SA                                       | CUSIP: N/A<br>LEI: 549300U0BOLVY36TGJ31       | Long             | EC               | CORP              | BE        |     60155 | NS      | $1123851.02   | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |
| CONSTELLIUM SE                                                             | CONSTELLIUM SE                                    | CUSIP: F21107101<br>LEI: 724500KRJEMC79KAAU28 | Long             | EC               | CORP              | FR        |    152664 | NS      | $3799806.96   | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Aluminum Corporation of China Limited                                      | ALUMINUM CORP OF CHINA LTD                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |   4522000 | NS      | $8154289.86   | 0.40%             |  |  |  | No            | 2                  | On Loan: No      |
| RATNAMANI METALS AND TUBES LIMITED                                         | RATNAMANI METALS TUBES LTD                        | CUSIP: N/A<br>LEI: 335800814OWZ2ALCNM51       | Long             | EC               | CORP              | IN        |     33760 | NS      | $911326.72    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| Ivanhoe Electric Inc                                                       | IVANHOE ELECTRIC INC US                           | CUSIP: 46578C108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    112931 | NS      | $1941283.89   | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| TR Anadolu Metal Madencilik Isletmeleri AS                                 | TR ANADOLU METAL MADENCILIK ISLETMELERI AS        | CUSIP: N/A<br>LEI: 789000DVKGVEC9701443       | Long             | EC               | CORP              | TR        |    219024 | NS      | $841517.99    | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| HINDUSTAN COPPER LTD                                                       | HINDUSTAN COPPER LTD                              | CUSIP: Y3213W117<br>LEI: 33580013OQMTB8N3IV37 | Long             | EC               |  | IN        |    355328 | NS      | $2215227.98   | 0.11%             |  |  |  | No            | 2                  | On Loan: No      |
| DOWA HOLDINGS CO.,LTD.                                                     | DOWA HOLDINGS CO LTD                              | CUSIP: N/A<br>LEI: 353800ZSQZKFE140A689       | Long             | EC               | CORP              | JP        |     64300 | NS      | $4749446.47   | 0.23%             |  |  |  | No            | 2                  | On Loan: No      |
| JAPANESE YEN                                                               | JAPANESE YEN                                      | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | JP        |   7027865 | NS      | $45002.82     | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| SAUDI ARABIAN RIYAL                                                        | SAUDI ARABIAN RYAL                                | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | SA        |    593831 | NS      | $158317.04    | 0.01%             |  |  |  | No            | N/A                | On Loan: No      |
| SEVERSTAL' PAO                                                             | SEVERSTAL PAO                                     | CUSIP: X7803S106<br>LEI: 213800OKDPTV6K4ONO53 | Long             | EC               | CORP              | RU        |    233400 | NS      | $30.19        | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| POONGSAN CORPORATION                                                       | POONGSAN CORP                                     | CUSIP: N/A<br>LEI: 2549007P08ZD5QJS1369       | Long             | EC               | CORP              | KR        |     20339 | NS      | $1634207.24   | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| ANGLO AMERICAN PLC                                                         | ANGLO AMERICAN ORD NPV                            | CUSIP: N/A<br>LEI: 549300S9XF92D1X8ME43       | Long             | EC               | CORP              | GB        |   1360048 | NS      | $67856284.01  | 3.29%             |  |  |  | No            | 2                  | On Loan: No      |
| METALLUS INC.                                                              | METALLUS INC                                      | CUSIP: 887399103<br>LEI: 549300QZTZWHDE9HJL14 | Long             | EC               | CORP              | US        |     47011 | NS      | $799187.00    | 0.04%             |  |  |  | No            | 1                  | On Loan: No      |
| Saudi Arabian Mining Company SJSC                                          | SAUDI ARABIAN MINING CO                           | CUSIP: N/A<br>LEI: 254900R4HAVLB4GY9713       | Long             | EC               | CORP              | SA        |   1656485 | NS      | $30930561.22  | 1.50%             |  |  |  | No            | 2                  | On Loan: No      |
| ALTIUS MINERALS CORPORATION                                                | ALTIUS MINERALS CORP                              | CUSIP: 020936100<br>LEI: 54930083UJGDUCMJMU61 | Long             | EC               | CORP              | CA        |     48482 | NS      | $1712802.01   | 0.08%             |  |  |  | No            | 1                  | On Loan: —       |
| Jinduicheng Molybdenum Co Ltd                                              | JINDUICHENG MOLYBDENUM CO LTD                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |    239100 | NS      | $854406.64    | 0.04%             |  |  |  | No            | 2                  | On Loan: No      |
| Sigma Lithium Corp                                                         | SIGMA LITHIUM CORP                                | CUSIP: 826599102<br>LEI: 529900XCIHIRYYXKJF45 | Long             | EC               | CORP              | CA        |     79298 | NS      | $1142684.18   | 0.06%             |  |  |  | No            | 1                  | On Loan: —       |
| Labrador Iron Ore Royalty Corporation                                      | LABRADOR IRON ORE ROYALTY CORP                    | CUSIP: 505440107<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     77564 | NS      | $1775263.43   | 0.09%             |  |  |  | No            | 1                  | On Loan: No      |
| NOVOLIPETSK STEEL PAO                                                      | NOVOLIPETSK STEEL PJSC                            | CUSIP: X58996103<br>LEI: N/A                  | Long             | EC               | CORP              | RU        |     11120 | NS      | $1.44         | 0.00%             |  |  |  | No            | 3                  | On Loan: No      |
| STEEL DYNAMICS, INC.                                                       | STEEL DYNAMICS INC                                | CUSIP: 858119100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    169937 | NS      | $32819932.81  | 1.59%             |  |  |  | No            | 1                  | On Loan: No      |
| HILL & SMITH PLC                                                           | HILL SMITH PLC                                    | CUSIP: N/A<br>LEI: 2138003A3ISGQZBOWI83       | Long             | EC               | CORP              | GB        |     96656 | NS      | $3105296.24   | 0.15%             |  |  |  | No            | 2                  | On Loan: No      |
| APL APOLLO TUBES LIMITED                                                   | APL APOLLO TUBES LTD                              | CUSIP: N/A<br>LEI: 335800ZU4GXSB7Q4IU95       | Long             | EC               | CORP              | IN        |    219439 | NS      | $5396034.94   | 0.26%             |  |  |  | No            | 2                  | On Loan: No      |
| TOKYO STEEL MANUFACTURING CO., LTD.                                        | TOKYO STEEL MANUFACTURING CO LTD                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     64700 | NS      | $670674.70    | 0.03%             |  |  |  | No            | 2                  | On Loan: No      |
| SHOUGANG FUSHAN RESOURCES GROUP LIMITED                                    | SHOUGANG FUSHAN RESOURCES GROUP LTD               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | HK        |   2500000 | NS      | $1075693.54   | 0.05%             |  |  |  | No            | 2                  | On Loan: No      |
| SINGAPORE DOLLARS                                                          | SINGAPORE DOLLARS                                 | CUSIP: N/A<br>LEI: N/A                        | N/A              |  |  | SG        |     23601 | NS      | $18658.57     | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| Atalaya Mining Copper, S.A.                                                | ATALAYA MINING COPPER SA                          | CUSIP: N/A<br>LEI: 549300QNQPXVRXGXOX56       | Long             | EC               | CORP              | ES        |    119776 | NS      | $1650720.12   | 0.08%             |  |  |  | No            | 2                  | On Loan: No      |
| BRADESPAR S.A.                                                             | BRADESPAR SA                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |    306077 | NS      | $1482471.84   | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| Aurubis AG                                                                 | AURUBIS AG                                        | CUSIP: N/A<br>LEI: 5299005SHIN9ZK7GW242       | Long             | EC               | CORP              | DE        |     38195 | NS      | $7738928.60   | 0.38%             |  |  |  | No            | 2                  | On Loan: No      |
| CENTURY ALUMINUM COMPANY                                                   | CENTURY ALUMINUM CO                               | CUSIP: 156431108<br>LEI: 549300U5ODNGEYWKSW73 | Long             | EC               | CORP              | US        |     68989 | NS      | $3557072.84   | 0.17%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2026-03-30

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

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer