# EDGAR Filing Document

**Accession Number:** 0001100663
**File Stem:** 0001004726-23-000001
**Filing Date:** 2023-1
**Character Count:** 1178194
**Document Hash:** f7ab881112e5ea6d5e558481bc852497
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004726-23-000001.hdr.sgml**: 20230103

**ACCESSION NUMBER**: 0001004726-23-000001

**CONFORMED SUBMISSION TYPE**: N-CSRS

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20221031

**FILED AS OF DATE**: 20230103

**DATE AS OF CHANGE**: 20230103

**EFFECTIVENESS DATE**: 20230103

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** iSHARES TRUST
- **CENTRAL INDEX KEY:** 0001100663
- **IRS NUMBER:** 943351276
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** N-CSRS
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09729
- **FILM NUMBER:** 23501482

**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 TRUST
- **DATE OF NAME CHANGE:** 19991213

## Series and Classes Contracts Data

### iShares U.S. Basic Materials ETF (Series ID: S000004318)

| Class ID   | Class Name                       | Ticker Symbol   |
|:---|:---|:---|
| C000012048 | iShares U.S. Basic Materials ETF | IYM             |

### iShares U.S. Consumer Discretionary ETF (Series ID: S000004320)

| Class ID   | Class Name                              | Ticker Symbol   |
|:---|:---|:---|
| C000012050 | iShares U.S. Consumer Discretionary ETF | IYC             |

### iShares U.S. Energy ETF (Series ID: S000004321)

| Class ID   | Class Name              | Ticker Symbol   |
|:---|:---|:---|
| C000012051 | iShares U.S. Energy ETF | IYE             |

### iShares U.S. Financial Services ETF (Series ID: S000004322)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000012052 | iShares U.S. Financial Services ETF | IYG             |

### iShares U.S. Financials ETF (Series ID: S000004323)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000012053 | iShares U.S. Financials ETF | IYF             |

### iShares U.S. Healthcare ETF (Series ID: S000004324)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000012054 | iShares U.S. Healthcare ETF | IYH             |

### iShares U.S. Industrials ETF (Series ID: S000004325)

| Class ID   | Class Name                   | Ticker Symbol   |
|:---|:---|:---|
| C000012055 | iShares U.S. Industrials ETF | IYJ             |

### iShares U.S. Technology ETF (Series ID: S000004329)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000012059 | iShares U.S. Technology ETF | IYW             |

### iShares Dow Jones U.S. ETF (Series ID: S000004330)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000012060 | iShares Dow Jones U.S. ETF | IYY             |

### iShares U.S. Transportation ETF (Series ID: S000004331)

| Class ID   | Class Name                      | Ticker Symbol   |
|:---|:---|:---|
| C000012061 | iShares U.S. Transportation ETF | IYT             |

### iShares U.S. Utilities ETF (Series ID: S000004332)

| Class ID   | Class Name                 | Ticker Symbol   |
|:---|:---|:---|
| C000012062 | iShares U.S. Utilities ETF | IDU             |

### iShares U.S. Consumer Staples ETF (Series ID: S000004431)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000012194 | iShares U.S. Consumer Staples ETF | IYK             |

### iShares MSCI USA ESG Select ETF (Series ID: S000004436)

| Class ID   | Class Name                      | Ticker Symbol   |
|:---|:---|:---|
| C000012199 | iShares MSCI USA ESG Select ETF | SUSA            |

### iShares MSCI KLD 400 Social ETF (Series ID: S000013931)

| Class ID   | Class Name                      | Ticker Symbol   |
|:---|:---|:---|
| C000038163 | iShares MSCI KLD 400 Social ETF | DSI             |

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

# FORM N-CSR

CERTIFIED SHAREHOLDER REPORT OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES

| Investment Company Act file number | 811-09729 |
| --- | --- |
| iShares Trust |  |
| (Exact name of registrant as specified in charter) |  |
| c/o: Citi Fund Services Ohio, Inc. | 43219 |
| 4400 Easton Way Suite 200 Columbus, Ohio |  |
| (Address of principal executive offices) | (Zip code) |
| The Corporation Trust Company |  |
| 1209 Orange Street, Wilmington, DE 19801 |  |
| (Name and address of agent for service) |  |

Registrant's telephone number, including area code: (415) 670-2000

Date of fiscal year end: April 30, 2023

Date of reporting period: October 31, 2022

Item L&nbsp;&nbsp;&nbsp;&nbsp; Reports to Stockholders.

(a) The Report to Shareholders is attached herewith.

**ISNARES**  
by BlackRock

# 2022 Semi-Annual Report (Unaudited)

![img-0.jpeg](img-0.jpeg)

iShares

OCTOBER 31, 2022

Significant economic headwinds emerged during the 12-month reporting period ended October 31, 2022, disrupting the economic recovery and strong financial markets of 2021. The U.S. economy shrank in the first half of 2022 before returning to moderate growth in the third quarter, marking a shift to a more challenging post-processing economic environment. Changes in consumer spending patterns and a tight labor market led to elevated inflation, which reached a 40-year high. Moreover, while the foremost effect of Russia's inflation rate on the economy, the ongoing war continued to present challenges for both investors and policymakers.

iShares MSCI KLD 400 Social ETF \|DSI \|NYSE Arca

iShares MSCI USA ESG Select ETF \|SUSA \|NYSE Arca

![img-1.jpeg](img-1.jpeg)

President, BlackRock, Inc.

|  | 6-Month | 12-Month |
| --- | --- | --- |
| U.S. large cap equities (S&P 500® Index) | (5.50)% | (14.61)% |
| U.S. small cap equities (Russell 2000® Index) | (0.20) | (18.54) |
| International equities (MSCI Europe, Australasia, | (12.70) | (23.00) |

The Markets in Review

Dear Shareholder,

Equity prices fell as interest rates rose, particularly weighing on relatively high-valuation growth stocks as inflation decreased the value of future cash flows and investors shifted focus to balance sheet resilience.

Some Annual Report

Both large and small capitalization U.S. stocks fell, although declines for small-capitalization U.S. stocks were slightly steeper. Emerging market stocks and international equities from developed markets also declined significantly, pressured by rising interest rates and a strengthening U.S. dollar.

Disclosure of Expenses

The 10-year Treasury yield rose notably during the reporting period, driving its price down, as investors' shareholding in the U.S. Treasury. The 10-year Treasury yield rose notably during the reporting period, driving its price down, as investors' shareholding in the U.S. Treasury. The 10-year Treasury yield rose notably during the reporting period, driving its price down, as investors' shareholding in the U.S. Treasury. The 10-year Treasury yield rose notably during the reporting period, driving its price down, as investors' shareholding in the U.S. Treasury. The 10-year Treasury yield rose notably during the reporting period, driving its price down, as investors' shareholding in the U.S. Treasury. The 10-year Treasury yield rose.

Financial Statements

States' U.S. Financial Services ETF\IYG\NYSE Arca

States' U.S. Financial Services ETF\IYG\NYSE Arca

| 4 | Shares U.S. Basic Materials ETF\IYM\NYSE Arca |
| --- | --- |
| 18 | Shares U.S. Consumer Discretionary ETF\IYC\NYSE Arca |
| 18 | Shares U.S. Consumer Staples ETF\IYK\NYSE Arca |
| 19 | Shares U.S. Energy ETF\IYE\NYSE Arca |
| 80 | Shares U.S. Financial Services ETF\IYG\NYSE Arca |

**Total Returns as of October 31, 2022**

| Far East Index) |  |  |
| --- | --- | --- |
| Emerging market equities (MSCI Emerging Markets Index) | (19.66) | (31.03) |
| 3-month Treasury bills (ICE BofA 3-Month U.S. Treasury Bill Index) | 0.72 | 0.79 |

2

THIS PAGE IS NOT PART OF YOUR FUND REPORT

# Table of Contents

as of October 31, 2022

|  | Page |
| --- | --- |
| The Corporate bond market also faced inflationary headwinds, and increasing uncertainty led to higher | 2 |
| The Shares Dow Jones U.S. ETF (the Fund) is back the investment results of a broad-based index composed of U.S. equities, as represented by the Dow Jones | 45 |
| and the Shares Dow Jones U.S. ETF (the Fund) is back the investment results of a broad-based index composed of U.S. equities, as represented by the Dow Jones | 95 |
| Shares Dow Jones U.S. ETF (the Fund) is back the investment results of a broad-based index composed of U.S. equities, as represented by the Dow Jones | 109 |
| Shares Dow Jones U.S. ETF (the Fund) is back the investment results of a broad-based index composed of U.S. equities, as represented by the Dow Jones | 121 |
| Shares Dow Jones U.S. ETF (the Fund) is back the investment results of a broad-based index composed of U.S. equities, as represented by the Dow Jones | 132 |
| Shares Dow Jones U.S. ETF (the Fund) is back the investment results of a broad-based index composed of U.S. equities, as represented by the Dow Jones | 133 |

General Information: |Shares U.S. Transportation ETF |IYT |NYSE Arca

| U.S. Treasury securities (ICE BofA 10-Year U.S. Treasury Index) | (8.24) | (17.68) |
| --- | --- | --- |
| U.S. investment grade bonds (Bloomberg U.S. Aggregate Bond Index) | (6.86) | (15.68) |
| Tax-exempt municipal bonds (Bloomberg Municipal Bond | (4.43) | (11.98) |

2022

3

Fund Summary

iShares® Dow Jones U.S. ETF

as of October 31, 2022

# Investment Objective

led markets to believe that additional tightening is likely in the near term.

The iShares MSCI KLD 100 SUCM ETF (the "Fund") plans to share the investment supply and index composed of U.S. companies that have positive environmental, sustainable, and sustainable financial conditions. The Fund invests in a representative sample of securities included in the U.S. market, which is a more dramatic economic response to the U.S. market. The Fund may or may not hold all of the securities that fall within the economic capacity. The Fed has been raising interest rates at the fastest pace in deciles, and persons not to over-take in its effort to get inflation back to target. With this in mind, we believe the performance of the Fund is a positive result in the near-term is high, and the outlook for Europe and the U.K. is also

Index)

| U.S. high yield bonds (Bloomberg U.S. Corporate High Yield 2% Issuer Capped Index) | (4.71) | (11.76) |
| --- | --- | --- |

Past performance is not an indication of future results. Index performance is shown for illustrative purposes only. You cannot invest directly in an index.

4

iSHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

Fund Summary

iShares® MSCI KLD 400 Social ETF

as of October 31, 2022

# Investment Objective

troubling. Investors should expect a period of higher volatility as markets adjust to the new economic

Cumulative Total Returns

The iShares MSCI USA ESG Select ETF (the "Fund") seeks to track the investment results of an index composed of U.S. companies that have positive environmental, in this environment, while we favor an overweight to equities in the long-term, the market's consumer over the past 10 years, social and governance characteristics, as represented by the MSCI USA Extended ESG Select Index (the "Index"). The Fund invests in a representative sample of securities exclusive rate hikes from central banks, moderate our outlook, rising input costs and a deteriorating market that collectively has an investment guide similar to the Index. Due to the use of representatives' sampling, the Fund may or may not have had the economic backdrop in China and Europe are likely to challenge corporate earnings to we are underweight. Securities that are included in the Index. The Account Value (20.14) Paid During 61.61 Expense (19.92) the Period 63.97 Ratio (10/31/22) provide income opportunities and partially compensate for inflation risk. We believe that investment grade corporate income opportunities and partially compensate for inflation risk. We believe that investment grade corporate income opportunities and partially compensate for inflation risk. We believe that investment grade corporate income opportunities and partially compensate for inflation risk. We believe that investment grade corporate income opportunities and partially compensate for inflation risk. We believe that investment grade corporate income opportunities and partially compensate for inflation risk. We believe that investment grade corporate income opportunities and partially compensate for inflation risk. We believe that investment grade corporate income opportunities and partially compensate for inflation risk.

FUND SUMMARY

2022

5

# Fund Summary

as of October 31, 2022

iShares® MSCI USA ESG Select ETF

## Investment Objective

fund shares. See "About Fund Performance" for more information.

For Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

Exports, the Company has a 50% share of the Company's shareholding in the Company's shareholding in the Company's shareholding in the Company's shareholding in

6

iSHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

Fund Summary

iShares® U.S. Basic Materials ETF

as of October 31, 2022

Investment Objective

| 1.0% Shares, 1.0% Out Fund Performance, 1.0% more information. | 1. Total Investments | 5,000,000 | $ | 1,023.95 | $ | 1.28 | Total Investments |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1.0% | 6-Month Total | 25.8% |  | Apple, Inc. |  |  | 6.4% |
| 2.0% | Revenues | 1 Year | 5 Years | 10 Years | 1 Year | 5 Years | 10 Years |
| 3.0% | Revenues | 1 Year | 5 Years | 10 Years | 1 Year | 5 Years | 10 Years |
| 4.0% | Revenues | 1 Year | 5 Years | 10 Years | 1 Year | 5 Years | 10 Years |
| 5.0% | Revenues | 1 Year | 5 Years | 10 Years | 1 Year | 5 Years | 10 Years |
| 6.0% | Revenues | 1 Year | 5 Years | 10 Years | 1 Year | 5 Years | 10 Years |
| 7.0% | Revenues | 1 Year | 5 Years | 10 Years | 1 Year | 5 Years | 10 Years |
| 8.0% | Revenues | 1 Year | 5 Years | 10 Years | 1 Year | 5 Years | 10 Years |
| 9.0% | Revenues | 1 Year | 5 Years | 10 Years | 1 Year | 5 Years | 10 Years |
| 10.0% | Revenues | 1 Year | 5 Years | 10 Years | 1 Year | 5 Years | 10 Years |
| 11.0% | Revenues | 1 Year | 5 Years | 10 Years | 1 Year | 5 Years | 10 Years |
| 12.0% | Revenues | 1 Year | 5 Years | 10 Years | 1 Year | 5 Years | 10 Years |
| 13.0% | Revenues | 1 Year | 5 Years | 10 Years | 1 Year | 5 Years | 10 Years |
| 14.0% | Revenues | 1 Year | 5 Years | 10 Years | 1 Year | 5 Years | 10 Years |
| 15.0% | Revenues | 1 Year | 5 Years | 10 Years | 1 Year | 5 Years | 10 Years |
| 16.0% | Revenues | 1 Year | 5 Years | 10 Years | 1 Year | 5 Years | 10 Years |
| 17.0% | Revenues | 1 Year | 5 Years | 10 Years | 1 Year | 5 Years | 10 Years |
| 18.0% | Revenues | 1 Year | 5 Years | 10 Years | 1 Year | 5 Years | 10 Years |
| 19.0% | Revenues | 1 Year | 5 Years | 10 Years | 1 Year | 5 Years | 10 Years |
| 20.0% | Revenues | 1 Year | 5 Years | 10 Years | 1 Year | 5 Years | 10 Years |
| 21.0% | Revenues | 1 Year | 5 Years | 10 Years | 1 Year | 5 Years | 10 Years |
| 22.0% | Revenues | 1 Year | 5 Years | 10 Years | 1 Year | 5 Years | 10 Years |
| 23.0% | Revenues | 1 Year | 5 Years | 10 Years | 1 Year | 5 Years | 10 Years |
| 24.0% | Revenues | 1 Year | 5 Years | 10 Years | 1 Year | 5 Years | 10 Years |
| 25.0% | Revenues | 1 Year | 5 Years | 10 Years | 1 Year | 5 Years | 10 Years |
| 26.0% | Revenues | 1 Year | 5 Years | 10 Years | 1 Year | 5 Years | 10 Years |
| 27.0% | Revenues | 1 Year | 5 Years | 10 Years | 1 Year | 5 Years | 10 Years |
| 28.0% | Revenues | 1 Year | 5 Years | 10 Years | 1 Year | 5 Years | 10 Years |
| 29.0% | Revenues | 1 Year | 5 Years | 10 Years | 1 Year | 5 Years | 10 Years |
| 30.0% | Revenues | 1 Year | 5 Years | 10 Years | 1 Year | 5 Years | 10 Years |

FUND SUMMARY

2022

7

# Fund Summary

as of October 31, 2022

iShares® U.S. Consumer Discretionary ETF

## Investment Objective

| 1,000.00 | $ | 938.90 | $ | 1.22 | Percent | 1,000.00 | $ | 1,023.95 | $ | 1.28 | Percent |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Shareholder is not an indication of future results. Performance results are based on the total shareholder would pay on fund. This is a result of the shareholder's shareholding in the shareholding of the shareholding of the shareholding of the shareholding of the shareholding of the shareholding of the shareholding of the shareholding of the shareholding of the shareholding of the shareholding of the shareholding of the shareholding of the shareholding of the shareholding of the shareholding of the shareholding of the shareholding of the shareholding of the shareholding of the shareholding of the shareholding of the shareholding of the shareholding of the shareholding |  |  |  |  |  |  |  |  |  |  |  |
| Sect. 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41, 42, 43, 44, 45, 46, 47, 48, 49, 50, 51, 52, 53, 54, 55, 56, 57, 58, 59, 60, 61, 62, 63, 64, 65, 66, 67, 68, 69, 70, 71, 72, 73, 74, 75, 76, 77, 78, 79, 80, 81, 82, 83, 84, 85, 86, 87, 88, 89, 90, 91, 92, 93, 94, 95, 96, 97, 98, 99, 100, 101, 102, 103, 104, 105, 106, 107, 108, 109, 110, 111, 112, 113, 114, 115, 116, 117, 118, 119, 120, 121, 122, 123, 124, 125, 126, 127, 128, 129, 130, 131, 132, 133, 134, 135, 136, 137, 138, 139, 140, 141, 142, 143, 144, 145, 146, 147, 148, 149, 150, 151, 152, 153, 154, 155, 156, 157, 158, 159, 160, 161, 162, 163, 164, 165, 166, 167, 168, 169, 170, 171, 172, 173, 174, 175, 176, 177, 178, 179, 180, 181, 182, 183, 184, 185, 186, 187, 188, 189, 190, 191, 192, 193, 194, 195, 196, 197, 198, 199, 200, 201, 202, 203, 204, 205, 206, 207, 208, 209, 210, 211, 212, 213, 214, 215, 216, 217, 218, 219, 220, 221, 222, 223, 224, 225, 226, 227, 228, 229, 230, 231, 232, 233, 234, 235, 236, 237, 238, 239, 240, 241, 242, 243, 244, 245, 246, 247, 248, 249, 250, 251, 252, 253, 254, 255, 256, 257, 258, 259, 260, 261, 262, 263, 264, 265, 266, 267, 268, 269, 270, 271, 272, 273, 274, 275, 276, 277, 278, 279, 280, 281, 282, 283, 284, 285, 286, 287, 288, 289, 290, 291, 292, 293, 294, 295, 296, 297, 298, 299, 300, 301, 302, 303, 304, 305, 306, 307, 308, 309, 310, 311, 312, 313, 314, 315, 316, 317, 318, 319, 320, 321, 322, 323, 324, 325, 326, 327, 328, 329, 330, 331, 332, 333, 334, 335, 336, 337, 338, 339, 340, 341, 342, 343, 344, 345, 346, 347, 348, 349, 350, 351, 352, 353, 354, 355, 356, 357, 358, 359, 360, 361, 362, 363, 364, 365, 366, 367, 368, 369, 370, 371, 372, 373, 374, 375, 376, 377, 378, 379, 380, 381, 382, 383, 384, 385, 386, 387, 388, 389, 390, 391, 392, 393, 394, 395, 396, 397, 398, 399, 400, 401, 402, 403, 404, 405, 406, 407, 408, 409, 410, 411, 412, 413, 414, 415, 416, 417, 418, 419, 420, 421, 422, 423, 424, 425, 426, 427, 428, 429, 430, 431, 432, 433, 434, 435, 436, 437, 438, 439, 440, 441, 442, 443, 444, 445, 446, 447, 448, 449, 450, 451, 452, 453, 454, 455, 456, 457, 458, 459, 460, 461, 462, 463, 464, 465, 466, 467, 468, 469, 470, 471, 472, 473, 474, 475, 476, 477, 478, 479, 480, 481, 482, 483, 484, 485, 486, 487, 488, 489, 490, 491, 492, 493, 494, 495, 496, 497, 498, 499, 500, 501, 502, 503, 504, 505, 506, 507, 508, 509, 510, 511, 512, 513, 514, 515, 516, 517, 518, 519, 520, 521, 522, 523, 524, 525, 526, 527, 528, 529, 530, 531, 532, 533, 534, 535, 536, 537, 538, 539, 540, 541, 542, 543, 544, 545, 546, 547, 548, 549, 550, 551, 552, 553, 554, 555, 556, 557, 558, 559, 560, 561, 562, 563, 564, 565, 566, 567, 568, 569, 570, 571, 572, 573, 574, 575, 576, 577, 578, 579, 580, 581, 582, 583, 584, 585, 586, 587, 588, 589, 590, 591, 592, 593, 594, 595, 596, 597, 598, 599, 600, 601, 602, 603, 604, 605, 606, 607, 608, 609, 610, 611, 612, 613, 614, 615, 616, 617, 618, 619, 620, 621, 622, 623, 624, 625, 626, 627, 628, 629, 630, 631, 632, 633, 634, 635, 636, 637, 638, 639, 640, 641, 642, 643, 644, 645, 646, 647, 648, 649, 650, 651, 652, 653, 654, 655, 656, 657, 658, 659, 660, 661, 662, 663, 664, 665, 666, 667, 668, 669, 670, 671, 672, 673, 674, 675, 676, 677, 678, 679, 680, 681, 682, 683, 684, 685, 686, 687, 688, 689, 690, 691, 692, 693, 694, 695, 696, 697, 698, 699, 700, 701, 702, 703, 704, 705, 706, 707, 708, 709, 710, 711, 712, 713, 714, 715, 716, 717, 718, 719, 720, 721, 722, 723, 724, 725, 726, 727, 728, 729, 730, 731, 732, 733, 734, 735, 736, 737, 738, 739, 740, 741, 742, 743, 744, 745, 746, 747, 748, 749, 750, 751, 752, 753, 754, 755, 756, 757, 758, 759, 760, 761, 762, 763, 764, 765, 766, 767, 768, 769, 770, 771, 772, 773, 774, 775, 776, 777, 778, 779, 780, 781, 782, 783, 784, 785, 786, 787, 788, 789, 790, 791, 792, 793, 794, 795, 796, 797, 798, 799, 800, 801, 802, 803, 804, 805, 806, 807, 808, 809, 810, 811, 812, 813, 814, 815, 816, 817, 818, 819, 820, 821, 822, 823, 824, 825, 826, 827, 828, 829, 830, 831, 832, 833, 834, 835, 836, 837, 838, 839, 840, 841, 842, 843, 844, 845, 846, 847, 848, 849, 850, 851, 852, 853, 854, 855, 856, 857, 858, 859, 860, 861, 862, 863, 864, 865, 866, 867, 868, 869, 870, 871, 872, 873, 874, 875, 876, 877, 878, 879, 880, 881, 882, 883, 884, 885, 886, 887, 888, 889, 890, 891, 892, 893, 894, 895, 896, 897, 898, 899, 900, 901, 902, 903, 904, 905, 906, 907, 908, 909, 910, 911, 912, 913, 914, 915, 916, 917, 918, 919, 920, 921, 922, 923, 924, 925, 926, 927, 928, 929, 930, 931, 932, 933, 934, 935, 936, 937, 938, 939, 940, 941, 942, 943, 944, 945, 946, 947, 948, 949, 950, 951, 952, 953, 954, 955, 956, 957, 958, 959, 960, 961, 962, 963, 964, 965, 966, 967, 968, 969, 970, 971, 972, 973, 974, 975, 976, 977, 978, 979, 980, 981, 982, 983, 984, 985, 986, 987, 988, 989, 990, 991, 992, 993, 994, 995, 996, 997, 998, 999, 1000 |  |  |  |  |  |  |  |  |  |  |  |

8

iSHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

Fund Summary

iShares® U.S. Consumer Staples ETF

as of October 31, 2022

# Investment Objective

September 19, 2021 reflects the performance of the Dow Jones U.S. Consumer Stock/Capped (TS) IndexTM Index performance beginning on September 20, 2021 reflects the performance of the S&P 500 Index (S&P 500) and its S&P 500 Index (S&P 500) Index performance beginning on September 20, 2021. The S&P 500 Index is a 100% of the S&P 500 Index. The S&P 500 Index is a 100% of the S&P 500 Index. The S&P 500 Index is a 100% of the S&P 500 Index.

![img-0.jpeg](img-0.jpeg)

FUND SUMMARY

2022

9

Fund Summary

iShares® U.S. Energy ETF

as of October 31, 2022

# Investment Objective

performance of the Russell 1000 Company 30miles P/E 23.5/45 Capped Index.

Energy . . . Beginning . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4.9

Real Estate or Value . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4.9
The iShares U.S. Financial Services ETF (the "Fund") is a company of the U.S. investment in the U.S. investment in the U.S. investment in the U.S. investment in the U.S. investment in the U.S. investment in the U.S. investment in the U.S. investment in the U.S. investment in the U.S. investment in the U.S. investment in the U.S. investment in the U.S. investment in the U.S. investment in the U.S. investment in the U.S. investment in the U.S. investment in the U.S.

Expense Example
In the U.S. investment profile similar to the Index. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index.
The Fund's investment profile similar to the Index. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index.
Expense Example
In the U.S. investment profile similar to the Index. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index.
Expense Example
In the U.S. investment profile similar to the Index. Due to the use of representative sampling, the Fund may or may not hold all of the securities that are included in the Index.
Expense Example

Performance
Total (out of the following 100% plan 100%) Ending . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.5
Average Annual Total Returns
Nucat Corp. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Ending . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Average Annual Total Returns
Cumulative Total Returns
48

10

iSHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

Fund Summary

iShares® U.S. Financial Services ETF

as of October 31, 2022

# Investment Objective

# Portfolio Information

Index performance through September 31, 2022 reflects the performance of the following financial statements: (1) The Company's shareholding structure is based on the Company's shareholding structure. (2) The Company's shareholding structure is based on the Company's shareholding structure. (3) The Company's shareholding structure is based on the Company's shareholding structure. (4) The Company's shareholding structure is based on the Company's shareholding structure. (5) The Company's shareholding structure is based on the Company's shareholding structure. (6) The Company's shareholding structure is based on the Company's shareholding structure. (7) The Company's shareholding structure is based on the Company's shareholding structure. (8) The Company's shareholding structure is based on the Company's shareholding structure. (9) The Company's shareholding structure is based on the Company's shareholding structure. (10) The Company's shareholding structure is based on the Company's shareholding structure. (11) The Company's shareholding structure is based on the Company's shareholding structure. (12) The Company's shareholding structure is based on the Company's shareholding structure. (13) The Company's shareholding structure is based on the Company's shareholding structure. (14) The Company's shareholding structure is based on the Company's shareholding structure. (15) The Company's shareholding structure is based on the Company's shareholding structure. (16) The Company's shareholding structure is based on the Company's shareholding structure. (17) The Company's shareholding structure is based on the Company's shareholding structure. (18) The Company's shareholding structure is based on the Company's shareholding structure. (19) The Company's shareholding structure is based on the Company's shareholding structure. (20) The Company's shareholding structure is based on the Company's shareholding structure. (21) The Company's shareholding structure is based on the Company's shareholding structure. (22) The Company's shareholding structure is based on the Company's shareholding structure. (23) The Company's shareholding structure is based on the Company's shareholding structure. (24) The Company's shareholding structure is based on the Company's shareholding structure. (25) The Company's shareholding structure is based on the Company's shareholding structure. (26) The Company's shareholding structure is based on the Company's shareholding structure. (27) The Company's shareholding structure is based on the Company's shareholding structure. (28) The Company's shareholding structure is based on the Company's shareholding structure. (29) The Company's shareholding structure is based on the Company's shareholding structure. (30) The Company's shareholding structure is based on the Company's shareholding structure. (31) The Company's shareholding structure is based on the Company's shareholding structure. (32) The Company's shareholding structure is based on the Company's shareholding structure. (33) The Company's shareholding structure is based on the Company's shareholding structure. (34) The Company's shareholding structure is based on the Company's shareholding structure. (35) The Company's shareholding structure is based on the Company's shareholding structure. (36) The Company's shareholding structure is based on the Company's shareholding structure. (37) The Company's shareholding structure is based on the Company's shareholding structure. (38) The Company's shareholding structure is based on the Company's shareholding structure. (39) The Company's shareholding structure is based on the Company's shareholding structure. (40) The Company's shareholding structure is based on the Company's shareholding structure. (41) The Company's shareholding structure is based on the Company's shareholding structure. (42) The Company's shareholding structure is based on the Company's shareholding structure. (43) The Company's shareholding structure is based on the Company's shareholding structure. (44) The Company's shareholding structure is based on the Company's shareholding structure. (45) The Company's shareholding structure is based on the Company's shareholding structure. (46) The Company's shareholding structure is based on the Company's shareholding structure. (47) The Company's shareholding structure is based on the Company's shareholding structure. (48) The Company's shareholding structure is based on the Company's shareholding structure. (49) The Company's shareholding structure is based on the Company's shareholding structure. (50) The Company's shareholding structure is based on the Company's shareholding structure. (51) The Company's shareholding structure is based on the Company's shareholding structure. (52) The Company's shareholding structure is based on the Company's shareholding structure. (53) The Company's shareholding structure is based on the Company's shareholding structure. (54) The Company's shareholding structure is based on the Company's shareholding structure. (55) The Company's shareholding structure is based on the Company's shareholding structure. (56) The Company's shareholding structure is based on the Company's shareholding structure. (57) The Company's shareholding structure is based on the Company's shareholding structure. (58) The Company's shareholding structure is based on the Company's shareholding structure. (59) The Company's shareholding structure is based on the Company's shareholding structure. (60) The Company's shareholding structure is based on the Company's shareholding structure. (61) The Company's shareholding structure is based on the Company's shareholding structure. (62) The Company's shareholding structure is based on the Company's shareholding structure. (63) The Company's shareholding structure is based on the Company's shareholding structure. (64) The Company's shareholding structure is based on the Company's shareholding structure. (65) The Company's shareholding structure is based on the Company's shareholding structure. (66) The Company's shareholding structure is based on the Company's shareholding structure. (67) The Company's shareholding structure is based on the Company's shareholding structure. (68) The Company's shareholding structure is based on the Company's shareholding structure. (69) The Company's shareholding structure is based on the Company's shareholding structure. (70) The Company's shareholding structure is based on the Company's shareholding structure. (71) The Company's shareholding structure is based on the Company's shareholding structure. (72) The Company's shareholding structure is based on the Company's shareholding structure. (73) The Company's shareholding structure is based on the Company's shareholding structure. (74) The Company's shareholding structure is based on the Company's shareholding structure. (75) The Company's shareholding structure is based on the Company's shareholding structure. (76) The Company's shareholding structure is based on the Company's shareholding structure. (77) The Company's shareholding structure is based on the Company's shareholding structure. (78) The Company's shareholding structure is based on the Company's shareholding structure. (79) The Company's shareholding structure is based on the Company's shareholding structure. (80) The Company's shareholding structure is based on the Company's shareholding structure. (81) The Company's shareholding structure is based on the Company's shareholding structure. (82) The Company's shareholding structure is based on the Company's shareholding structure. (83) The Company's shareholding structure is based on the Company's shareholding structure. (84) The Company's shareholding structure is based on the Company's shareholding structure. (85) The Company's shareholding structure is based on the Company's shareholding structure. (86) The Company's shareholding structure is based on the Company's shareholding structure. (87) The Company's shareholding structure is based on the Company's shareholding structure. (88) The Company's shareholding structure is based on the Company's shareholding structure. (89) The Company's shareholding structure is based on the Company's shareholding structure. (90) The Company's shareholding structure is based on the Company's shareholding structure. (91) The Company's shareholding structure is based on the Company's shareholding structure. (92) The Company's shareholding structure is based on the Company's shareholding structure. (93) The Company's shareholding structure is based on the Company's shareholding structure. (94) The Company's shareholding structure is based on the Company's shareholding structure. (95) The Company's shareholding structure is based on the Company's shareholding structure. (96) The Company's shareholding structure is based on the Company's shareholding structure. (97) The Company's shareholding structure is based on the Company's shareholding structure. (98) The Company's shareholding structure is based on the Company's shareholding structure. (99) The Company's shareholding structure is based on the Company's shareholding structure. (100)

Expenditure Example
Portfolio Information

14.2 Home Depot, Inc. (The)
Average Annual Total Returns
Cumulative Total Returns

FUND SUMMARY

2022

11

# Fund Summary

iShares® U.S. Financials ETF

as of October 31, 2022

## Investment Objective

| Automobiles & Components | Actual | 12.8 | McDonald's Corp. | Hypothetical 5% Return | 4.2 |
| --- | --- | --- | --- | --- | --- |
| Expense Example | INDUSTRY RELOCATION | Expenses | 8.3 | Wearings Co. (The) | ANNUALIZED |
| The iShares U.S. Healthcare ETF (the Fund) seeks to reach the investment results of an investment company. It is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company |  |  |  |  |  |
| The Fund is a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company |  |  |  |  |  |
| The Fund is a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company |  |  |  |  |  |
| The Fund is a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company |  |  |  |  |  |
| The Fund is a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company that is not a investment company |  |  |  |  |  |

12

iSHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

Fund Summary

iShares® U.S. Healthcare ETF

as of October 31, 2022

# Investment Objective

| Financials 40 Act 15/22.5 Daily Capped Index | 2.4 | CVS Health Corp. | 4.2 |
| --- | --- | --- | --- |
| Portfolio Information |  |  |  |
| The iShares U.S. Investment ETF (the "Fund") is a company that is not a member of the company's subsidiaries. The Fund is not a member of the company's subsidiaries. |  |  |  |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| Portfolio Information |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| Expense Example |  |  |  |
| --- | --- | --- | --- |
| Industry | 1.91 | (3.06) | 12.01 |
| Total Investments | 12.01 | (3.06) | 12.01 |
| Industry | 12.01 | (3.06) | 12.01 |
| Total Investments | 12.01 | (3.06) | 12.01 |
| Performance |  |  |  |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| TEN LARGEST HOLDINGS |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |
| The Company's subsidiaries are not a member of the Company's subsidiaries. |  |  |  |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table>

| INDUSTRY ALLOCATION |  |  |  |
| --- | --- | --- | --- |

</table></table><tr><td colspan="4"><b>INDUSTRY ALLOCATION</b></td></tr></table></table></table><tr><td colspan="4"><b>INDUSTRY ALLOCATION</b></td></tr></table></table></table></table></table>

FUND SUMMARY

2022

13

# Fund Summary

iShares® U.S. Industrials ETF

as of October 31, 2022

## Investment Objective

Semi-conductors & Semiconductor Equipment
Total Investment
Total Investment
Total Investment
Total Investment
Total Investment
Total Investment
Total Investment
Total Investment
Total Investment
Total Investment
Total Investment
Total Investment
Total Investment
Total Investment
Total Investment
Total Investment
Total Investment
Total Investment
Total Investment
Total Investment
Total Investment
Total Investment
Total Investment
Total Investment
Total Investment
Total Investment
Total Investment
Total Investment
Total Investment
Total Investment
Total Investment
Total Investment
Total Investment

14

iSHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

Fund Summary

iShares® U.S. Technology ETF

as of October 31, 2022

# Investment Objective

Past performance is not an indication of a significant loss. The Company's results do not reflect the deduction of losses that a shareholder should pay on fund performance or on the redemption of some of the shares. 1. 2008, Fund Development and Reconstruction. 2. Other 3. 5 Years. 4. 6 Years. 7. 8 Years. 10 Years. 11. 12 Years. 13. 14 Years. 15 Years. 16. 17 Years. 18. 18 Years. 19. 19 Years. 20. 20 Years. 21. 21 Years. 22. 22 Years. 23. 23 Years. 24. 24 Years. 25. 25 Years. 26. 26 Years. 27. 27 Years. 28. 28 Years. 29. 29 Years. 30. 30 Years. 31. 31 Years. 32. 32 Years. 33. 33 Years. 34. 34 Years. 35. 35 Years. 36. 36 Years. 37. 37 Years. 38. 38 Years. 39. 39 Years. 40. 40 Years. 41. 41 Years. 42. 42 Years. 43. 43 Years. 44. 44 Years. 45. 45 Years. 46. 46 Years. 47. 47 Years. 48. 48 Years. 49. 49 Years. 50. 50 Years. 51. 51 Years. 52. 52 Years. 53. 53 Years. 54. 54 Years. 55. 55 Years. 56. 56 Years. 57. 57 Years. 58. 58 Years. 59. 59 Years. 60. 60 Years. 61. 61 Years. 62. 62 Years. 63. 63 Years. 64. 64 Years. 65. 65 Years. 66. 66 Years. 67. 67 Years. 68. 68 Years. 69. 69 Years. 70. 70 Years. 71. 71 Years. 72. 72 Years. 73. 73 Years. 74. 74 Years. 75. 75 Years. 76. 76 Years. 77. 77 Years. 78. 78 Years. 79. 79 Years. 80. 80 Years. 81. 81 Years. 82. 82 Years. 83. 83 Years. 84. 84 Years. 85. 85 Years. 86. 86 Years. 87. 87 Years. 88. 88 Years. 89. 89 Years. 90. 90 Years. 91. 91 Years. 92. 92 Years. 93. 93 Years. 94. 94 Years. 95. 95 Years. 96. 96 Years. 97. 97 Years. 98. 98 Years. 99. 99 Years.

FUND SUMMARY

2022

15

# Fund Summary

as of October 31, 2022

iShares® U.S. Transportation ETF

# Investment Objective

RIC 22.5/45 Capped Index
(05/03/22)

INDUSTRY ALLOCATION
The Period(s) of the Period(s) of the Period(s) of the Period(s) of the Period(s) of the Period(s) of the Period(s) of the Period(s) of the Period(s) of the Period(s) of the Period(s) of the Period(s) of the Period(s) of the Period(s) of the Period(s) of the Period(s) of the Period(s) of the Period(s) of the Period(s) of the Period(s) of the Period(s)

Excludes money market funds
The iShares U.S. Utilities ETF (the "Fund") seeks to track the investment results of an active partner of U.S. equities in the utilities sector, as represented by the "Fund".

The Fund Invests in a representative sample of securities included in the index that collectively has an investment.

Fund213
Fund213
Fund213
Fund213
Fund213
Fund213
Fund213
Fund213
Fund213
Fund213
Fund213
Fund213
Fund213
Fund213
Fund213
Fund213
Fund213
Fund213
Fund213
Fund213
Fund213

16

iSHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

Fund Summary

iShares® U.S. Utilities ETF

# Investment Objective

The current investment objective is to maintain a range of time and may continue to affect adversely the value and liquidity of each Fund's investments. As a result, current investment objective is to maintain a range of time and may continue to affect adversely the value and liquidity of each Fund's investments. The investment objective is to maintain a range of time and may continue to affect adversely the value and liquidity of each Fund's investments. The investment objective is to maintain a range of time and may continue to affect adversely the value and liquidity of each Fund's investments. The investment objective is to maintain a range of time and may continue to affect adversely the value and liquidity of each Fund's investments.

FUND SUMMARY

2022

17

# About Fund Performance

(unaudited)

Past performance is not an indication of future results. Financial markets have experienced extreme volatility and trading in many instruments has been disrupted. These

2020, the price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

December 31, 2020. The price used to calculate market return ('Market Price') is the closing price. Prior to August 10, 2020, Market Price was determined using the midpoint between the

18

SHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

# Schedule of Investments

(unaudited) (continued)

iShares® Dow Jones U.S. ETF
(Percentages shown are based on Net Assets)

October 31, 2022

| General Dynamics Corp. | INDUSTRY ALLOCATION | 2,285,000 |
| --- | --- | --- |
| Bank of America, Inc. | 1,618 | 263,014 |
| Cashflow from operations (less than 1%) | 2,817 | 254,000 |
| Cashflow from operations (less than 1%) | 2,817 | 254,000 |
| Cashflow from operations (less than 1%) | 2,817 | 254,000 |
| Cashflow from operations (less than 1%) | 2,817 | 254,000 |
| Cashflow from operations (less than 1%) | 2,817 | 254,000 |

| Interbank Corp. | INDUSTRY ALLOCATION | 2,285,000 |
| --- | --- | --- |
| Bank of America, Inc. | 1,618 | 263,014 |
| Cashflow from operations (less than 1%) | 2,817 | 254,000 |
| Cashflow from operations (less than 1%) | 2,817 | 254,000 |
| Cashflow from operations (less than 1%) | 2,817 | 254,000 |
| Cashflow from operations (less than 1%) | 2,817 | 254,000 |

SCHEDULE OF INVESTMENTS

2022

19

# Schedule of Investments

(unaudited) (continued)

iShares® Dow Jones U.S. ETF
(Percentages shown are based on Net Assets)

October 31, 2022

| The expense examples provide information about actual account values and actual expenses. Annualized expense ratios reflect contractual and voluntary fee waivers. If any, the Company's performance is not to estimate the expenses a shareholder paid during the period covered by this report. The Company's performance is not to estimate the expenses a shareholder paid during the period covered by this report. The Company's performance is not to estimate the expenses a shareholder paid during the period covered by this report. The Company's performance is not to estimate the expenses a shareholder paid during the period covered by this report. The Company's performance is not to estimate the expenses a shareholder paid during the period covered by this report. The Company's performance is not to estimate the expenses a shareholder paid during the period covered by this report. | INDUSTRY RELOCATION | INDUSTRY RELOCATION | INDUSTRY RELOCATION |
| --- | --- | --- | --- |
| 1. The Company's performance is not to estimate the expenses a shareholder paid during the period covered by this report. The Company's performance is not to estimate the expenses a shareholder paid during the period covered by this report. The Company's performance is not to estimate the expenses a shareholder paid during the period covered by this report. The Company's performance is not to estimate the expenses a shareholder paid during the period covered by this report. The Company's performance is not to estimate the expenses a shareholder paid during the period covered by this report. | 1. The Company's performance is not to estimate the expenses a shareholder paid during the period covered by this report. The Company's performance is not to estimate the expenses a shareholder paid during the period covered by this report. The Company's performance is not to estimate the expenses a shareholder paid during the period covered by this report. The Company's performance is not to estimate the expenses a shareholder paid during the period covered by this report. | 1. The Company's performance is not to estimate the expenses a shareholder paid during the period covered by this report. The Company's performance is not to estimate the expenses a shareholder paid during the period covered by this report. | 1. The Company's performance is not to estimate the expenses a shareholder paid during the period covered by this report. |
| 2. The Company's performance is not to estimate the expenses a shareholder paid during the period covered by this report. The Company's performance is not to estimate the expenses a shareholder paid during the period covered by this report. The Company's performance is not to estimate the expenses a shareholder paid during the period covered by this report. The Company's performance is not to estimate the expenses a shareholder paid during the period covered by this report. | 1. The Company's performance is not to estimate the expenses a shareholder paid during the period covered by this report. The Company's performance is not to estimate the expenses a shareholder paid during the period covered by this report. | 1. The Company's performance is not to estimate the expenses a shareholder paid during the period covered by this report. | 1. The Company's performance is not to estimate the expenses a shareholder paid during the period covered by this report. |

20

iSHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

# Schedule of Investments

(unaudited) (continued)

iShares® Dow Jones U.S. ETF
(Percentages shown are based on Net Assets)

October 31, 2022

| The expenses shown in the expense examples are intended to highlight shareholders' ongoing costs only and do not reflect any transactional expenses, such as brokerage | 100,000 | 100,000 | 100,000 | 100,000 |
| --- | --- | --- | --- | --- |
| Cash and cash equivalents at end of purchases and sales and shares outstanding, the following expenses are useful in comparing ongoing expenses only and interest | 100,000 | 100,000 | 100,000 | 100,000 |
| Cash and cash equivalents at end of the relative total expenses of continuing different companies. If the transactional expenses were included, shareholder expenses would have been | 100,000 | 100,000 | 100,000 | 100,000 |
| Commercial Equipment (continued) | 100,000 | 100,000 | 100,000 | 100,000 |
| Commercial Equipment (continued) | 100,000 | 100,000 | 100,000 | 100,000 |
| Commercial Equipment (continued) | 100,000 | 100,000 | 100,000 | 100,000 |
| Commercial Equipment (continued) | 100,000 |  |  |  |
| Commercial Equipment (continued) | 100,000 |  |  |  |
| Commercial Equipment (continued) | 100,000 |  |  |  |
| Commercial Equipment (continued) | 100,000 |  |  |  |
| Commercial Equipment (continued) | 100,000 |  |  |  |
| Commercial Equipment (continued) | 100,000 |  |  |  |

SCHEDULE OF INVESTMENTS

2022

21

# Schedule of Investments

(unaudited) (continued)

iShares® Dow Jones U.S. ETF
(Percentages shown are based on Net Assets)

October 31, 2022

| Construction & Engineering - 0.2% | 20,000 | 9,000,000 |
| --- | --- | --- |
| Building Products - 0.6% | 20,000 | 21,000 |
| Active Access Corp. - 0.7% | 10,000 | 20,000 |
| Active Access Corp. - 0.7% | 10,000 | 20,000 |
| Active Access Corp. - 0.7% | 10,000 | 20,000 |
| Active Access Corp. - 0.7% | 10,000 | 20,000 |
| Active Access Corp. - 0.7% | 10,000 | 20,000 |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |
| Commodity Holding - 0.8% | 10,000 | 10,000 |
| Commodity Holding - 0.8% | 10,000 | 10,000 |
| Commodity Holding - 0.8% | 10,000 | 10,000 |
| Commodity Holding - 0.8% | 10,000 | 10,000 |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |
| Commodity Holding - 0.8% | 10,000 | 10,000 |
| Commodity Holding - 0.8% | 10,000 | 10,000 |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |
| Commodity Holding - 0.8% | 10,000 | 10,000 |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |
| Commodity Holding - 0.8% | 10,000 | 10,000 |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |

| Commodity Holding - 0.8% | 10,000 | 10,000 |
| --- | --- | --- |
| Commodity Holding - 0.8% | 10,000 | 10,000 |
| Commodity Holding - 0.8% | 10,000 | 10,000 |
| Commodity Holding - 0.8% | 10,000 | 10,000 |

22

iShares® Semi-Annual Report to Shareholders

iShares® Semi-Annual Report to Shareholders

iShares® Semi-Annual Report to Shareholders

iShares® Semi-Annual Report to Shareholders

iShares® Semi-Annual Report to Shareholders

iShares® Semi-Annual Report to Shareholders

iShares® Semi-Annual Report to Shareholders

iShares® Semi-Annual Report to Shareholders

iShares® Semi-Annual Report to Shareholders

iShares® Semi-Annual Report to Shareholders

iShares® Semi-Annual Report to Shareholders

iShares® Semi-Annual Report to Shareholders

# Schedule of Investments

(unaudited) (continued)

iShares® Dow Jones U.S. ETF
(Percentages shown are based on Net Assets)

October 31, 2022

| Common Stock, Inc. | 36,000 | 1,000,000 |
| --- | --- | --- |
| Investments, Inc. | 20,000 | 1,000,000 |
| Investments, Inc. | 4,000 | 300,000 |
| Investments, Inc. | 20,000 | 1,000,000 |
| Investments, Inc. | 4,000 | 300,000 |
| Investments, Inc. | 20,000 | 1,000,000 |
| Investments, Inc. | 4,000 | 300,000 |
| Investments, Inc. | 20,000 | 1,000,000 |
| Investments, Inc. | 4,000 | 300,000 |

[{"box_2d": [504, 85, 958, 189], "label": "table", "caption": "

| Common Stock, Inc. | 36,000 | 1,000,000 |
| --- | --- | --- |
| Common Stock, Inc. | 1,000 | 300,000 |
| Common Stock, Inc. | 120,000 | 6,000,000 |
| Common Stock, Inc. | 120,000 | 6,000,000 |
| Common Stock, Inc. | 4,000 | 12,000,000 |
| Common Stock, Inc. | 12,000 | 1,000,000 |
| Common Stock, Inc. | 12,000 | 1,000,000 |
| Common Stock, Inc. | 12,000 | 1,000,000 |
| Common Stock, Inc. | 12,000 | 1,000,000 |
| Common Stock, Inc. | 12,000 | 1,000,000 |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |
| Common Stock, Inc. | 12,000 | 1,000,000 |
| Common Stock, Inc. | 12,000 | 1,000,000 |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |
| Common Stock, Inc. | 12,000 | 1,000,000 |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |
| Common Stock, Inc. | 12,000 | 1,000,000 |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |
| Common Stock, Inc. | 12,000 | 1,000,000 |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |
| Common Stock, Inc. | 12,000 | 1,000,000 |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

| Common Stock, Inc. | 12,000 | 1,000,000 |
| --- | --- | --- |

<table><tr><td>Common Stock, Inc.</td><td>12,000</td><td>1,000,000</td></tr></tabletable><table><tr><td>Common Stock, Inc.</td><td>12,000</td><td>1,000,000</td></tr></tabletabletable><tr><td>Common Stock, Inc.</td><td>12,000</td><td>1,000,000</td></tr></tabletabletable><tr><td>Common Stock, Inc.</td><td>12,000</td><td>1,000,000</td></tr></tabletabletable><tr><td>Common Stock, Inc.</td><td>12,000</td><td>1,000,000</td></tr></tabletabletable><tr><td>Common Stock, Inc.</td><td>12,000</td><td>1,000,000</td></tr></tabletabletable><tr><td>Common Stock, Inc.</td><td>12,000</td><td>1,000,000</td></tr></tabletabletable><tr><td>Common Stock, Inc.</td><td>12,000</td><td>1,000,000</td></tr></tabletabletable><tr><td>Common Stock, Inc.</td><td>12,000</td><td>1,000,000</td></tr></tabletabletable><tr><td>Common Stock, Inc.</td><td>12,000</td><td>1,000,000</td></tr></tabletable

SCHEDULE OF INVESTMENTS

2022

23

SCHEDULE OF INVESTMENTS

2022

23

# Schedule of Investments

(unaudited) (continued)

iShares® Dow Jones U.S. ETF
(Percentages shown are based on Net Assets)

October 31, 2022

| Automobiles - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |
| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| Automobile - 2.1% | 1,000,000 | 1,000,000 |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |
| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| Automobile - 2.1% | 1,000,000 | 1,000,000 |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |
| Automobile - 2.1% | 1,000,000 | 1,000,000 |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |
| Automobile - 2.1% | 1,000,000 | 1,000,000 |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| Automobile - 2.1% | 1,000,000 | 1,000,000 |
| --- | --- | --- |

24

iSHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

# Schedule of Investments

(unaudited) (continued)

**iShares® Dow Jones U.S. ETF**  
(Percentages shown are based on Net Assets)

October 31, 2022

| NCV, Inc. | 15,842 | 354,861 |
| --- | --- | --- |
| Northwestern, Northside Corp. | 15,842 | 30,641,000 |
| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| Northwestern, Northside Corp. | 15,842 | 2,000,000 |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |
| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| Northwestern, Northside Corp. | 15,842 | 2,000,000 |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |
| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| Northwestern, Northside Corp. | 15,842 | 2,000,000 |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |
| Northwestern, Northside Corp. | 15,842 | 2,000,000 |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |
| Northwestern, Northside Corp. | 15,842 | 2,000,000 |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |
| Northwestern, Northside Corp. | 15,842 | 2,000,000 |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table></table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table></table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table></table>

| Northwestern, Northside Corp. | 15,842 | 2,000,000 |
| --- | --- | --- |

</table>

SCHEDULE OF INVESTMENTS

2022

25

# Schedule of Investments

(unaudited) (continued)

iShares® Dow Jones U.S. ETF
(Percentages shown are based on Net Assets)

October 31, 2022

| Shares Outstanding (Net Assets) | 10,000 | 10,000 |
| --- | --- | --- |
| Shares Outstanding (Net Assets) | 10,000 | 10,000 |
| Shares Outstanding (Net Assets) | 10,000 | 10,000 |
| Shares Outstanding (Net Assets) | 10,000 | 10,000 |
| Shares Outstanding (Net Assets) | 10,000 | 10,000 |
| Shares Outstanding (Net Assets) | 10,000 | 10,000 |

| Shares Outstanding (Net Assets) | 10,000 | 10,000 |
| --- | --- | --- |
| Shares Outstanding (Net Assets) | 10,000 | 10,000 |
| Shares Outstanding (Net Assets) | 10,000 | 10,000 |
| Shares Outstanding (Net Assets) | 10,000 | 10,000 |
| Shares Outstanding (Net Assets) | 10,000 | 10,000 |

26

iSHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

# Schedule of Investments

(unaudited) (continued)

iShares® Dow Jones U.S. ETF

(Percentages shown are based on Net Assets)

October 31, 2022

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |
| 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 |
| 1,000,000 | 1,000,000 | 1,000,000 |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table></table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table></table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table></table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table></table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table></table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table></table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table></table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table></table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table></table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table></table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table></table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table></table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table></table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table></table>

| 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- |

</table></table></table></table></table>

SCHEDULE OF INVESTMENTS

2022

27

SCHEDULE OF INVESTMENTS

2022

# Schedule of Investments

(unaudited) (continued)

iShares® Dow Jones U.S. ETF
(Percentages shown are based on Net Assets)

October 31, 2022

| Investment, Inc. (Debt) | 31,000,000 | 21,000,000 |
| --- | --- | --- |
| Investments, Inc. (Debt) | 31,000,000 | 21,000,000 |
| Cash and cash equivalents at Trusts (REITs) - 2.9% | 20,000 | 1,100,000 |
| Investments, Securities | 40,000 | 4,000,000 |
| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |

[{"box_2d": [504, 85, 958, 190], "label": "table", "caption": "

| Cash and cash equivalents at market value | 31,000,000 | 21,000,000 |
| --- | --- | --- |
| Investments, Securities | 40,000 | 4,000,000 |
| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |
| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |
| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |
| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

</table>

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

</table>

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

| Investments, Investment & Development - 0.1% | 40,000 | 2,000,000 |
| --- | --- | --- |

<table><tr><td>Investments, Investment &amp; Development - 0.1%</td><td>40,000</td><td>2,000,000</td></tr></tabletable><table><tr><td>Investments, Investment &amp; Development - 0.1%</td><td>40,000</td><td>2,000,000</td></tr></tabletable><table><tr><td>Investments, Investment &amp; Development - 0.1%</td><td>40,000</td><td>2,000,000</td></tr></tabletable><table><tr><td>Investments, Investment &amp; Development - 0.1%</td><td>40,000</td><td>2,000,000</td></tr></tabletable><table><tr><td>Investments, Investment &amp; Development - 0.1%</td><td>40,000</td><td>2,000,000</td></tr></tabletable><table><tr><td>Investments, Investment &amp; Development - 0.1%</td><td>40,000</td><td>2,000,000</td></tr></tabletable><table><tr><td>Investments, Investment &amp; Development - 0.1%</td><td>40,000</td><td>2,000,000</td></tr></tabletable><table><tr><td>Investments, Investment &amp; Development - 0.1%</td><td>40,000</td><td>2,000,000</td></tr></tabletable><table><tr><td>Investments, Investment &amp; Development - 0.1%</td><td>40,000</td><td>2,000,000</td></tr></tabletable><table><tr><td>Investments, Investment &amp; Development - 0.1%</td><td>40,000</td><td>2,000,000</td></tr></tabletable><table><tr><td>Investments, Investment &amp; Development - 0.1%</td><td>40,000</td><td>2,000,000</td></tr></tabletable><table><tr><td>Investments, Investment &amp; Development - 0.1%</td><td>40,000</td><td>2,000,000</td></tr></tabletable><table><tr><td>Investments, Investment &amp; Development - 0.1%</td><td>40,000</td><td>2,000,000</td></tr></tabletable><table><tr><td>Investments, Investment &amp; Development - 0.1%</td><td>40,000</td><td>2,000,000</td></tr></tabletable><table><tr><td>Investments, Investment &amp; Development - 0.1%</td><td>40,000</td><td>2,000,000</td></tr></tabletable><table><tr><td>Investments, Investment &amp; Development - 0.1%</td><td>40,000</td><td>2,000,000</td></tr></tabletable><table><tr><td>Investments, Investment &amp; Development - 0.1%</td><td>40,000</td><td>2,000,000</td></tr></tabletable><table><tr><td>Investments, Investment &amp; Development - 0.1%</td><td>40,000</td><td>2,000,000</td></tr></tabletable><table><tr><td>Investments, Investment &amp; Development - 0.1%</td><td>40,000</td><td>2,000,000</td></tr></tabletable><table><tr><td>Investments, Investment &amp; Development - 0.1%</td><td>40,000</td><td>2,000,000</td></

# Schedule of Investments

(unaudited) (continued)

iShares® Dow Jones U.S. ETF
(Percentages shown are based on Net Assets)

October 31, 2022

| Enovis Corp.(a) | 1,973 | 97,565 | Bank Credit Corporation | 17,000 | 76,000,000 |
| --- | --- | --- | --- | --- | --- |
| Bank Credit Corporation (b) | 8,000 | 218,000 | Bank Credit Corporation (c) | 48,000 | 1,000,000 |
| Bank Credit Corporation (d) | 10,000 | 28,000,000 | Bank Credit Corporation (e) | 248,000 | 21,000,000 |
| Bank Credit Corporation (f) | 12,000 | 1,000,000 | Bank Credit Corporation (g) | 218,000 | 20,000,000 |
| Bank Credit Corporation (h) | 10,000 | 1,000,000 | Bank Credit Corporation (i) | 218,000 | 20,000,000 |
| Bank Credit Corporation (j) | 10,000 | 1,000,000 | Bank Credit Corporation (k) | 218,000 | 20,000,000 |
| Bank Credit Corporation (l) | 10,000 | 1,000,000 | Bank Credit Corporation (m) | 218,000 | 20,000,000 |
| Bank Credit Corporation (n) | 10,000 | 1,000,000 | Bank Credit Corporation (o) | 218,000 | 20,000,000 |
| Bank Credit Corporation (p) | 10,000 | 1,000,000 | Bank Credit Corporation (q) | 218,000 | 20,000,000 |
| Bank Credit Corporation (r) | 10,000 | 1,000,000 | Bank Credit Corporation (s) | 218,000 | 20,000,000 |
| Bank Credit Corporation (t) | 10,000 | 1,000,000 | Bank Credit Corporation (u) | 218,000 | 20,000,000 |
| Bank Credit Corporation (v) | 10,000 | 1,000,000 | Bank Credit Corporation (w) | 218,000 | 20,000,000 |
| Bank Credit Corporation (x) | 10,000 | 1,000,000 | Bank Credit Corporation (y) | 218,000 | 20,000,000 |
| Bank Credit Corporation (z) | 10,000 | 1,000,000 | Bank Credit Corporation (aa) | 218,000 | 20,000,000 |
| Bank Credit Corporation (aa) | 10,000 | 1,000,000 | Bank Credit Corporation (ab) | 218,000 | 20,000,000 |
| Bank Credit Corporation (ac) | 10,000 | 1,000,000 | Bank Credit Corporation (ad) | 218,000 | 20,000,000 |
| Bank Credit Corporation (aa) | 10,000 | 1,000,000 | Bank Credit Corporation (ae) | 218,000 | 20,000,000 |
| Bank Credit Corporation (ae) | 10,000 | 1,000,000 | Bank Credit Corporation (af) | 218,000 | 20,000,000 |
| Bank Credit Corporation (af) | 10,000 | 1,000,000 | Bank Credit Corporation (ag) | 218,000 | 20,000,000 |
| Bank Credit Corporation (ag) | 10,000 | 1,000,000 | Bank Credit Corporation (ah) | 218,000 | 20,000,000 |
| Bank Credit Corporation (ai) | 10,000 | 1,000,000 | Bank Credit Corporation (ai) | 218,000 | 20,000,000 |
| Bank Credit Corporation (ai) | 10,000 | 1,000,000 | Bank Credit Corporation (ai) | 218,000 | 20,000,000 |
| Bank Credit Corporation (ai) | 10,000 | 1,000,000 |  |  |  |

Net Change in Unrealized Appreciation (Depreciation) on

SCHEDULE OF INVESTMENTS

2022

29

# Schedule of Investments

iShares® Dow Jones U.S. ETF

(unaudited)

October 31, 2022

For the period ended October 31, 2022, the effect of derivative financial instruments in the Statements of Operations was as follows:

| Amortization of Common Stock, Inc. | 28,000 | 2,000,000 | Amortization of Common Stock, Inc. | 28,000 | 2,000,000 |
| --- | --- | --- | --- | --- | --- |
| Amortization of Common Stock, Inc. (Class A) | 8,000 | 68,000,000 | Amortization of Common Stock, Inc. (Class A) | 28,000 | 2,000,000 |
| Amortization of Common Stock, Inc. (Class C) | 8,000 | 2,000,000 | Amortization of Common Stock, Inc. (Class C) | 28,000 | 2,000,000 |
| Amortization of Common Stock, Inc. (Class D) | 8,000 | 2,000,000 | Amortization of Common Stock, Inc. (Class D) | 28,000 | 2,000,000 |
| Amortization of Common Stock, Inc. (Class E) | 8,000 | 2,000,000 | Amortization of Common Stock, Inc. (Class E) | 28,000 | 2,000,000 |
| Amortization of Common Stock, Inc. (Class F) | 8,000 | 2,000,000 | Amortization of Common Stock, Inc. (Class F) | 28,000 | 2,000,000 |
| Amortization of Common Stock, Inc. (Class G) | 8,000 | 2,000,000 | Amortization of Common Stock, Inc. (Class G) | 28,000 | 2,000,000 |
| Amortization of Common Stock, Inc. (Class H) | 8,000 | 2,000,000 | Amortization of Common Stock, Inc. (Class H) | 28,000 | 2,000,000 |
| Amortization of Common Stock, Inc. (Class I) | 8,000 | 2,000,000 | Amortization of Common Stock, Inc. (Class I) | 28,000 | 2,000,000 |
| Amortization of Common Stock, Inc. (Class J) | 8,000 | 2,000,000 | Amortization of Common Stock, Inc. (Class J) | 28,000 | 2,000,000 |
| Amortization of Common Stock, Inc. (Class K) | 8,000 | 2,000,000 | Amortization of Common Stock, Inc. (Class K) | 28,000 | 2,000,000 |
| Amortization of Common Stock, Inc. (Class L) | 8,000 | 2,000,000 | Amortization of Common Stock, Inc. (Class L) | 28,000 | 2,000,000 |
| Amortization of Common Stock, Inc. (Class M) | 8,000 | 2,000,000 | Amortization of Common Stock, Inc. (Class M) | 28,000 | 2,000,000 |
| Amortization of Common Stock, Inc. (Class N) | 8,000 | 2,000,000 | Amortization of Common Stock, Inc. (Class N) | 28,000 | 2,000,000 |

30

iSHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

# Schedule of Investments

(unaudited) (continued)

iShares® MSCI KLD 400 Social ETF
(Percentages shown are based on Net Assets)

October 31, 2022[{"box_2d": [19, 81, 959, 191], "label": "table", "caption": "

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |
| Full Value of the Fund | 10.5% | at Cost | 51,597 | 11,879,200 | (Loss) |  | Full Value of the Fund | 10.5% | 11,879,200 |
| Dividend of the Fund | 10.5% | at Cost | 2,131 | 1,823,700 | (Loss) |  | Dividend of the Fund | 10.5% | 11,879,200 |
| Dividend of the Fund | 10.5% | at Cost | 2,131 | 1,823,700 | (Loss) |  | Dividend of the Fund | 10.5% | 11,879,200 |
| Dividend of the Fund | 10.5% | at Cost | 2,131 | 1,823,700 | (Loss) |  | Dividend of the Fund | 10.5% | 11,879,200 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |
| Full Value of the Fund | 10.5% | at Cost | 51,597 | 11,879,200 | (Loss) |  | Full Value of the Fund | 10.5% | 11,879,200 |
| Dividend of the Fund | 10.5% | at Cost | 2,131 | 1,823,700 | (Loss) |  | Dividend of the Fund | 10.5% | 11,879,200 |
| Dividend of the Fund | 10.5% | at Cost | 2,131 | 1,823,700 | (Loss) |  | Dividend of the Fund | 10.5% | 11,879,200 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |
| Full Value of the Fund | 10.5% | at Cost | 51,597 | 11,879,200 | (Loss) |  | Full Value of the Fund | 10.5% | 11,879,200 |
| Dividend of the Fund | 10.5% | at Cost | 2,131 | 1,823,700 | (Loss) |  | Dividend of the Fund | 10.5% | 11,879,200 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |
| Full Value of the Fund | 10.5% | at Cost | 51,597 | 11,879,200 | (Loss) |  | Full Value of the Fund | 10.5% | 11,879,200 |
| Dividend of the Fund | 10.5% | at Cost | 2,131 | 1,823,700 | (Loss) |  | Dividend of the Fund | 10.5% | 11,879,200 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |
| Full Value of the Fund | 10.5% | at Cost | 51,597 | 11,879,200 | (Loss) |  | Full Value of the Fund | 10.5% | 11,879,200 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

| For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements. |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Total Value of the Fund | Value at | Purchases | 10,528 | Proceeds | 10,528 | Realized | Value at | Held at | 1,000,000 |

<table><thead><tr><th colspan=\"10\">For more information about the Fund's investment risks regarding derivative financial instruments, refer to the Notes to Financial Statements.</th></tr></thead><tr><td>Total Value of the Fund</td><td>Value at</td><td>Purchases</td><

# Schedule of Investments

(unaudited) (continued)

iShares® MSCI KLD 400 Social ETF
(Percentages shown are based on Net Assets)

October 31, 2022

| Containers & Packaging-0.2% | 10,428 | 106,531 | 1,483,955 | 326 |
| --- | --- | --- | --- | --- |
| Subtotal-Gross Assets 2,519,447 | 430,546 |  |  |  |
| Subtotal-Gross Assets 2,519,447 | 430,546 |  |  |  |
| Subtotal-Gross Assets 2,519,447 | 430,546 |  |  |  |
| Subtotal-Gross Assets 2,519,447 | 430,546 |  |  |  |
| Subtotal-Gross Assets 2,519,447 | 430,546 |  |  |  |

| Subtotal-Gross Assets 2,519,447 | 6,136 | Level 2 | 10,427,000 |
| --- | --- | --- | --- |
| Subtotal-Gross Assets 2,519,447 | 6,136 | Level 2 | 10,427,000 |
| Subtotal-Gross Assets 2,519,447 | 6,136 | Level 2 | 10,427,000 |
| Subtotal-Gross Assets 2,519,447 | 6,136 |  |  |
| Subtotal-Gross Assets 2,519,447 | 6,136 |  |  |
| Subtotal-Gross Assets 2,519,447 | 6,136 |  |  |

32

iSHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

# Schedule of Investments

(unaudited) (continued)

iShares® MSCI KLD 400 Social ETF
(Percentages shown are based on Net Assets)

October 31, 2022[{"box_2d": [19, 85, 968, 192], "label": "table", "caption": "

| Debtors' Equity Corp. | 118,528 | 9,288,000 | Warranted to Capital, Inc. | 74,827 | 7,670,000 |
| --- | --- | --- | --- | --- | --- |
| Debtors' Equity Corp. | 63,498 | 20,306,000 | Trading & Securities, Inc. (The) | 24,878 | 5,810,000 |
| Debtors' Equity Corp. | 24,100 | 1,968,000 | Warranted to Capital, Inc. | 24,900 | 5,800,000 |
| Debtors' Equity Corp. | 19,504 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |

<tr><td>Debtors' Equity Corp.</td><td>49,240</td><td>18,300,000</td><td>Warranted to Capital, Inc.</td><td>24,900</td><td>15,000,000</td></tr><tr><td>Debtors' Equity Corp.</td><td>49,240</td><td>18,300,000</td><td>Warranted to Capital, Inc.</td><td>24,900</td><td>15,000,000</td></tr></table><tr><td>Debtors' Equity Corp.</td><td>49,240</td><td>18,300,000</td><td>Warranted to Capital, Inc.</td><td>24,900</td><td>15,000,000</td></tr></table><tr><td>Debtors' Equity Corp.</td><td>49,240</td><td>18,300,000</td><td>Warranted to Capital, Inc.</td><td>24,900</td><td>15,000,000</td></tr></table><tr><td>Debtors' Equity Corp.</td><td>49,240</td><td>18,300,000</td><td>Warranted to Capital, Inc.</td><td>24,900</td><td>15,000,000</td></tr></table><tr><td>Debtors' Equity Corp.</td><td>49,240</td><td>18,300,000</td><td>Warranted to Capital, Inc.</td><td>24,900</td><td>15,000,000</td></tr></table>

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

| Debtors' Equity Corp. | 49,240 | 18,300,000 | Warranted to Capital, Inc. | 24,900 | 15,000,000 |
| --- | --- | --- | --- | --- | --- |

<table><tr><td>Debtors' Equity Corp

# Schedule of Investments

(unaudited) (continued)

iShares® MSCI KLD 400 Social ETF
(Percentages shown are based on Net Assets)

October 31, 2022[{"box_2d": [19, 81, 958, 190], "label": "table", "caption": "

| Shares of Common Stock | 31,120 | 574,450 | Shares of Common Stock | 30,470 | 1,795,730 |
| --- | --- | --- | --- | --- | --- |
| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |
| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

| Shares of Common Stock | 100,000 | 1,000,000 | Shares of Common Stock | 100,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |

<table><tr><td>Shares of Common Stock</td><td

# Schedule of Investments

(unaudited) (continued)

iShares® MSCI KLD 400 Social ETF
(Percentages shown are based on Net Assets)

October 31, 2022[{"box_2d": [19, 84, 968, 198], "label": "table", "caption": "

| Electrical Equipment - 0.6% | 46,927 | 104,987,200 | American State Works & Supplies - 0.2% | 385,970 | 18,280,963 |
| --- | --- | --- | --- | --- | --- |
| American Industrial Financial Instruments | 158,973 | 18,723,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| Electrical Products, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |
| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

| Electrical Equipment, Inc. (if applicable) | 78,550 | 81,333,000 | American Electric Power & Supply - 0.2% | 385,970 | 18,723,000 |
| --- | --- | --- | --- | --- | --- |

<table><tr><td>Electrical Equipment, Inc. (if applicable)</td><td>78,550</td><td>81,333,000</td><td>American Electric Power &amp; Supply - 0.2%</td><td>385,

Schedule of Investments

iShares® MSCI KLD 400 Social ETF

(unaudited) (continued)

October 31, 2022

Derivative Financial Instruments Outstanding as of Period End[{"box_2d": [19, 85, 964, 194], "label": "table", "caption": "

| Stocks, Inc. | 160,917 | 5,176,700 | Money Market Funds | 142,228 | 2,950,944 |
| --- | --- | --- | --- | --- | --- |
| Stocks, Inc. | 160,917 | 5,176,700 | Debtors, Inc. | 142,228 | 2,950,944 |
| Stocks, Inc. | 160,917 | 5,176,700 | Debtors, Inc. | 142,228 | 2,950,944 |
| Stocks, Inc. | 160,917 | 5,176,700 | Debtors, Inc. | 142,228 | 2,950,944 |
| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. | 142,228 | 2,950,944 |
| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |
| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |
| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |
| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. | 160,917 | 5,176,700 | Debtors, Inc. |  |  |
| --- | --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

| Debtors, Inc. |  |  |  |  |
| --- | --- | --- | --- | --- |

"}][{"box_2d": [19, 874, 36, 884], "label": "header_footer", "ISHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS"}][{"box_2d": [19, 874, 36, 884], "label": "header_footer", "SHAREHOLDERS"}][{"box_2d": [19, 874, 36, 884], "label": "header_footer", "1 SHAREHOLDERS"}]

35

# Schedule of Investments

iShares® MSCI KLD 400 Social ETF

(unaudited)

October 31, 2022

## Fair Value Hierarchy as of Period End[{"box_2d": [19, 85, 958, 196], "label": "table", "caption": "

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

| Fair Value Hierarchy as of Period End | 2022 | 2021 | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Investing in the United States of America 0.4% | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 | 10,000 |

"[{"box_2d": [19, 874, 207, 885], "label": "header_footer", "SCHEDULE OF INVESTMENTS"}][{"box_2d": [574, 889, 612, 900], "label": "header_footer", "2022"}][{"box_2d": [937, 874, 958, 885], "label": "header_footer", "37"}]

SCHEDULE OF INVESTMENTS

2022

37

# Schedule of Investments

(unaudited) (continued)

iShares® MSCI USA ESG Select ETF
(Percentages shown are based on Net Assets)

October 31, 2022

| For the period ended October 31, 2022, the effect of derivative financial instruments in the financial year ended December 31, 2021, the effect of derivative financial instruments in the financial year ended December 31, 2022, the effect of derivative financial instruments in the financial year ended December 31, 2021, the effect of derivative financial instruments in the financial year ended December 31, 2022, the effect of derivative financial instruments in the financial year ended December 31, 2022, the effect of derivative financial instruments in the financial year ended December 31, 2022, the effect of derivative financial instruments | 2022 | 2021 |
| --- | --- | --- |
| Dividends paid at end of year | $1,000,000 | $1,000,000 |
| Dividends paid at end of year | $1,000,000 | $1,000,000 |
| Dividends paid at end of year | $1,000,000 | $1,000,000 |
| Dividends paid at end of year | $1,000,000 | $1,000,000 |
| Dividends paid at end of year | $1,000,000 |  |
| Dividends paid at end of year | $1,000,000 |  |
| Dividends paid at end of year | $1,000,000 |  |
| Dividends paid at end of year | $1,000,000 |  |
| Dividends paid at end of year | $1,000,000 |  |
| Dividends paid at end of year |  |  |

38

iSHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

# Schedule of Investments

(unaudited) (continued)

iShares® MSCI USA ESG Select ETF
(Percentages shown are based on Net Assets)

October 31, 2022

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 110,739 | 64,889,866 |
| Shares of the Company | 10,213 | 972,890 |
| Shares of the Company | 10,213 | 972,890 |
| Shares of the Company | 10,213 | 972,890 |
| Shares of the Company | 10,213 | 972,890 |
| Shares of the Company | 10,213 | 972,890 |

| Shares of the Company | 10,213 | 972,890 |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |
| Shares of the Company | 10,213 | 972,890 |
| Shares of the Company | 10,213 | 972,890 |

<tr><td>Shares of the Company</td><td>10,213</td><td>972,890</td></tr></table><tr><td>Shares of the Company</td><td>10,213</td><td>972,890</td></tr></table><tr><td>Shares of the Company</td><td>10,213</td><td>972,890</td></tr></table><tr><td>Shares of the Company</td><td>10,213</td><td>972,890</td></tr></table>

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |
| Shares of the Company | 10,213 | 972,890 |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |
| Shares of the Company | 10,213 | 972,890 |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

</table>

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

</table>

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

</table>

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

</table></table>

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Shares Value |  |  |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

</table></table>

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Shares Value |  |  |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

</table></table>

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Shares Value |  |  |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

</table></table>

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Shares Value |  |  |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

</table></table>

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Shares Value |  |  |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

</table></table>

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Shares Value |  |  |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

</table></table>

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Shares Value |
| --- |

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested | Shares | Value |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

</table></table>

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Shares Value |  |  |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

</table></table>

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Shares Value |  |  |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

</table></table>

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Shares Value |  |  |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

</table></table>

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Shares Value |  |  |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

</table></table>

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Shares Value |  |  |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

</table></table>

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Shares Value |  |  |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

</table></table>

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Shares Value |  |  |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

</table></table>

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Shares Value |  |  |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

</table></table>

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Shares Value |  |  |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

</table></table>

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Shares Value |  |  |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

</table></table>

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Shares Value |  |  |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

</table></table>

| Description of Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Invested Shares Value |  |  |
| --- | --- | --- |
| Shares of the Company | 10,213 | 972,890 |

</table><tr><td></td><td></td><td></td></tr></table>

SCHEDULE OF INVESTMENTS

2022

39

SCHEDULE OF INVESTMENTS

2022

SCHEDULE OF INVESTMENTS

SCHEDULE OF INVESTMENTS

SCHEDULE OF INVESTMENTS

SCHEDULE OF INVESTMENTS

SCHEDULE OF INVESTMENTS

SCHEDULE OF INVESTMENTS

SCHEDULE OF INVESTMENTS

SCHEDULE OF INVESTMENTS

SCHEDULE OF INVESTMENTS

SCHEDULE OF INVESTMENTS

# Schedule of Investments

(unaudited) (continued)

iShares® MSCI USA ESG Select ETF
(Percentages shown are based on Net Assets)

October 31, 2022

| Net Assets (losses) - 1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| --- | --- | --- | --- | --- | --- |
| Net Assets (losses) - 1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Net Assets (losses) - 1,000,000 | $1,000,000 |  |  |  |  |
| Net Assets (losses) - 1,000,000 | $1,000,000 |  |  |  |  |
| Net Assets (losses) - 1,000,000 | $1,000,000 |  |  |  |  |
| Net Assets (losses) - 1,000,000 | $1,000,000 |  |  |  |  |

40

iSHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

# Schedule of Investments

iShares® MSCI USA ESG Select ETF

(unaudited) (continued)

October 31, 2022

| Total investment in securities lending income earned from the reinvestment of a collateral from loaned securities, net of fees and collateral investment expenses, and other instruments | 123,758,818 |
| --- | --- |
| Cash and cash equivalents of securities | 123,758,818 |
| Cash and cash equivalents of securities | 123,758,818 |
| Cash and cash equivalents of securities | 123,758,818 |
| Cash and cash equivalents of securities | 123,758,818 |
| Cash and cash equivalents of securities | 123,758,818 |

![img-0.jpeg](img-0.jpeg)

SCHEDULE OF INVESTMENTS

2022

41

# Schedule of Investments

iShares® MSCI USA ESG Select ETF

(unaudited)

October 31, 2022

## Fair Value Hierarchy as of Period End

| Johnson Controls International PLC | 833,192 | 48,191,879 | Cash Flow Cash Funds, Institutional, SL Agency | 8,987 | 75,922,486 |
| --- | --- | --- | --- | --- | --- |
| Johnson, Inc. | 81,255 | 28,910,200 | Foreign | 25,988,707 | 5,901,708 |
| Johnson, Inc. | 81,255 | 28,910,200 | Expenditure and S. Companies, Inc. (The) | 25,988,707 | 28,910,708 |
| Microsoft Corp. | 623,360 | 144,832,864 | Middle & Maining (continued) | 69,626 | 3,248,418,499 |
| Compton Stock | 105,913 | 31,774,464 | Exchange Interest Rate | 4,881,889 | 3,248,418,499 |
| Boulevard Products - 2.0% | 33,672 | 3,967,572 | Contract | 1,000,000 | 2,000,000 |
| Boulevard Products - 0.7% | 175,866 | 78,533,053 | Monitory & Non-Monitory, Inc. (The) | 200,388 | 3,628,000 |
| Boulevard Products - 0.7% | 32,030 | 28,910,200 | Monitory & Non-Monitory, Inc. (The) | 1,902,060 | 28,910,200 |
| Boulevard Products - 0.7% | 32,030 | 28,910,200 | Monitory & Non-Monitory, Inc. (The) | 1,902,060 | 28,910,200 |
| Compton Stock | 2,333,489 | 21,528,887 | Monitory & Non-Monitory, Inc. (The) | 20,888 | 3,278,888,888 |
| Boulevard Financial Instruments | 216,961 | 13,228,888 | Monitory & Non-Monitory, Inc. (The) | 20,888 | 3,278,888,888 |
| Bank of New York Mellon Corp. (The) | 16,951 | 19,233,500 | Monitory & Non-Monitory, Inc. (The) | 20,888 | 3,278,888,888 |
| Bank of New York | 16,951 | 19,233,500 | Monitory & Non-Monitory, Inc. (The) | 20,888 | 3,278,888,888 |
| Bank of New York | 16,951 | 19,233,500 | Monitory & Non-Monitory, Inc. (The) | 20,888 |  |
| Bank of New York | 16,951 | 19,233,500 | Monitory & Non-Monitory, Inc. (The) | 20,888 |  |
| Bank of New York | 16,951 | 19,233,500 | Monitory & Non-Monitory, Inc. (The) | 20,888 |  |

42

iSHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

# Schedule of Investments

(unaudited) (continued)

iShares® U.S. Basic Materials ETF
(Percentages shown are based on Net Assets)

October 31, 2022

| Funded Research Systems, Inc. | 16,025 | 325,818,458 | Building Design Corp. | 113,646 | 5,237,953 |
| --- | --- | --- | --- | --- | --- |
| Funded Research Systems, Inc. | 16,025 | 325,818,458 | Building Design Corp. | 113,646 | 5,237,953 |
| Funded Research Systems, Inc. | 16,025 | 325,818,458 | Building Design Corp. | 113,646 | 5,237,953 |
| Funded Research Systems, Inc. | 16,025 | 325,818,458 | Building Design Corp. | 113,646 |  |
| Funded Research Systems, Inc. | 16,025 | 325,818,458 | Building Design Corp. | 113,646 |  |
| Funded Research Systems, Inc. | 16,025 | 325,818,458 | Building Design Corp. | 113,646 |  |
| Funded Research Systems, Inc. | 16,025 |  | Shell Contracts, Inc. | 230,414 | 21,670,437 |
| Funded Research Systems, Inc. | 16,025 |  | Healthcare Properties, Inc. | 305,500 | 11,500,000 |
| Funded Research Systems, Inc. | 16,025 |  | Healthcare Properties, Inc. | 305,500 | 11,500,000 |
| Funded Research Systems, Inc. | 16,025 |  | Healthcare Properties, Inc. | 305,500 | 11,500,000 |
| Funded Research Systems, Inc. | 16,025 |  | Healthcare Properties, Inc. | 305,500 | 11,500,000 |

SCHEDULE OF INVESTMENTS

2022

43

# Schedule of Investments

iShares® U.S. Basic Materials ETF

(unaudited) (continued)

October 31, 2022[{"box_2d": [20, 85, 972, 198], "label": "table", "caption": "

| EMC Corp. | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts | Contracts |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Thestem Companies, Inc. (The) | 167,608 | 177,888,810 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Net Realized Gain (Loss) from | 254,307 | 6,002,265 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Thestem Products are used in determining the fair value of financial instruments for a description of the items and information about the Fund's policy regarding the financial instruments. The Fund's instruments refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

| Total financial instruments (Description) | 1,000,000 | 1,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

| Total financial instruments (Description) | 1,000,000 | 1,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

| Total financial instruments (Description) | 1,000,000 | 1,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

| Total financial instruments (Description) | 1,000,000 | 1,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

| Total financial instruments (Description) | 1,000,000 | 1,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

| Total financial instruments (Description) | 1,000,000 | 1,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

| Total financial instruments (Description) | 1,000,000 | 1,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

| Total financial instruments (Description) | 1,000,000 | 1,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

| Total financial instruments (Description) | 1,000,000 | 1,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

| Total financial instruments (Description) | 1,000,000 | 1,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

| Total financial instruments (Description) | 1,000,000 | 1,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

| Total financial instruments (Description) | 1,000,000 | 1,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

| Total financial instruments (Description) | 1,000,000 | 1,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

| Total financial instruments (Description) | 1,000,000 | 1,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

| Total financial instruments (Description) | 1,000,000 | 1,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

| Total financial instruments (Description) | 1,000,000 | 1,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

| Total financial instruments (Description) | 1,000,000 | 1,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

| Total financial instruments (Description) | 1,000,000 | 1,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

| Total financial instruments (Description) | 1,000,000 | 1,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

| Total financial instruments (Description) | 1,000,000 | 1,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

| Total financial instruments (Description) | 1,000,000 | 1,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

| Total financial instruments (Description) | 1,000,000 | 1,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

| Total financial instruments (Description) | 1,000,000 | 1,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

| Total financial instruments (Description) | 1,000,000 | 1,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

| Total financial instruments (Description) | 1,000,000 | 1,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

| Total financial instruments (Description) | 1,000,000 | 1,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

| Total financial instruments (Description) | 1,000,000 | 1,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

| Total financial instruments (Description) | 1,000,000 | 1,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

| Total financial instruments (Description) | 1,000,000 | 1,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

| Total financial instruments (Description) | 1,000,000 | 1,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

| Total financial instruments (Description) | 1,000,000 | 1,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

| Total financial instruments (Description) | 1,000,000 | 1,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

| Total financial instruments (Description) | 1,000,000 | 1,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

| Total financial instruments (Description) | 1,000,000 | 1,000,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Financial Instruments, refer to the Notes to Financial Statements. | 301,034 | 29,388,820 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

<table><tr><td>Financial Instruments, refer to the Notes to Financial Statements.</td><td>301,034</td><td>29,388

Schedule of Investments

(unaudited)

iShares® U.S. Basic Materials ETF

October 31, 2022

Fair Value Hierarchy as of Period End

| Security | 114,099,541 | BlackRock Cash Funds: Institutional, SL Agency | 12,852,270 | 12,853,000 |
| --- | --- | --- | --- | --- |
| Financial Impacts | 235,258 | 6,907,170 | Foreign | 181,262 |
| Interest & Direct Marketing Retail- 0.3% | 43,910 | 4,243,902 | Equity, Inc. (Cash & Other) | 27,330,000 |
| Common Stock | 75,928 | 3,026,011 | Equity, Inc. (Cash & Other) | 8,752,000 |
| Common Stock Value at Purchases | 5,711 | 3,026,011 | Equity, Inc. (Cash & Other) | 926,146 |
| Commodity Index | 5,711 | 3,026,011 | Equity, Inc. (Cash & Other) | 926,146 |
| Commodity Index | 5,711 | 3,026,011 | Equity, Inc. (Cash & Other) | 926,146 |
| Commodity Index | 5,711 | 3,026,011 | Equity, Inc. (Cash & Other) | 926,146 |
| Commodity Index | 5,711 | 3,026,011 | Equity, Inc. (Cash & Other) | 926,146 |

SCHEDULE OF INVESTMENTS

2022

45

# Schedule of Investments

(unaudited) (continued)

iShares® U.S. Consumer Discretionary ETF

(Percentages shown are based on Net Assets)

October 31, 2022

| Agri-Asset Group, Inc. | 50,357 | 404,870 | Walmart, Inc. | 194,974 | 27,750,649 |
| --- | --- | --- | --- | --- | --- |
| Merchandising, Inc. | 1,000,000 | 1,000,000 | Merchandising, Inc. | 1,000,000 | 1,000,000 |
| Total U.S. Shareholders' Equity | 50,357 | 404,870 | Total U.S. Shareholders' Equity | 50,357 | 404,870 |
| Total U.S. Shareholders' Equity | 50,357 | 404,870 | Total U.S. Shareholders' Equity | 50,357 | 404,870 |
| Total U.S. Shareholders' Equity | 50,357 | 404,870 | Total U.S. Shareholders' Equity | 50,357 | 404,870 |
| Total U.S. Shareholders' Equity | 50,357 | 404,870 |  |  |  |
| Total U.S. Shareholders' Equity | 50,357 | 404,870 |  |  |  |
| Total U.S. Shareholders' Equity | 50,357 | 404,870 |  |  |  |
| Total U.S. Shareholders' Equity | 50,357 | 404,870 |  |  |  |
| Total U.S. Shareholders' Equity | 50,357 | 404,870 |  |  |  |

46

iSHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

# Schedule of Investments

(unaudited) (continued)

iShares® U.S. Consumer Discretionary ETF
(Percentages shown are based on Net Assets)

October 31, 2022

| Exhibit Interactive, Inc., Class A(H) | 48,421 | Contract | Contract | Contract | Contract | Contract | Contract |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Depreciation and Loss (Loss) from | 30,000 | 900,750 | Depreciation and Loss (Loss) | Depreciation and Loss (Loss) | Depreciation and Loss (Loss) | Depreciation and Loss (Loss) | Depreciation and Loss (Loss) |
| Adjustments to the extent of the Fund during the six months ended December 31, 2022 for purposes of Section 2(a)(3) of the Investment Summary Act of 1940, as amended, were as follows: |  |  |  |  |  |  |  |
| Adjustments to the extent of the Fund during the six months ended December 31, 2022 for purposes of Section 2(a)(3) of the Investment Summary Act of 1940, as amended, were as follows: |  |  |  |  |  |  |  |
| Adjustments to the extent of the Fund during the six months ended December 31, 2022 for purposes of Section 2(a)(3) of the Investment Summary Act of 1940, as amended, were as follows: |  |  |  |  |  |  |  |
| Depreciation and Loss (Loss) from | 619,428 | 8,281,752 | Depreciation and Loss (Loss) | Depreciation and Loss (Loss) | Depreciation and Loss (Loss) | Depreciation and Loss (Loss) | Depreciation and Loss (Loss) |
| Depreciation and Loss (Loss) from | 248,888 | 1,994,000 | Depreciation and Loss (Loss) | Depreciation and Loss (Loss) | Depreciation and Loss (Loss) | Depreciation and Loss (Loss) | Depreciation and Loss (Loss) |
| Depreciation and Loss (Loss) from | 22,501 | 908,254 | Depreciation and Loss (Loss) | Depreciation and Loss (Loss) | Depreciation and Loss (Loss) | Depreciation and Loss (Loss) | Depreciation and Loss (Loss) |
| Average Quarterly Balances of Outstanding Derivative Financial Instruments | 63,478 | 1,892,865 | High | High | High | High | High |
| High | 63,478 | 1,892,865 | High | High | High | High | High |

SCHEDULE OF INVESTMENTS

2022

47

# Schedule of Investments

iShares® U.S. Consumer Discretionary ETF

(unaudited) (continued)

October 31, 2022

| Liberty Media Corp. Liberty Sdn B.V. Class A Purchases | 41,500 | Proceeds | 2,500,000 | Realized | Investments | Value at | Held at | 7,744 | Disputes |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Liberty Media Corp. Liberty Sdn B.V. Class C, Nov/Dec | 267,250 | Term Sale | 54,583,500 | (Loss) | Investments | 10/31/22 | 10/31/22 | 1,000,000 | 1,000,000 |
| Liberty Media Corp. Liberty Sdn B.V. Class D, Nov/Dec | 28,000 | Proceeds | 247,000 | Realized | Investments | Value at | Held at | 43,994 | 6,904,101 |
| Liberty Media Corp. Liberty Sdn B.V. Class E, Nov/Dec | 60,500 | Term Sale | 1,022,500 | (Loss) | Investments | 10/31/22 | 10/31/22 | 1,000,000 | 1,000,000 |
| Liberty Media Corp. Liberty Sdn B.V. Class F, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class G, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class H, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class I, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class J, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class K, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class L, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class M, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class N, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class O, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class P, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class Q, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class R, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class S, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class T, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class U, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class V, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class W, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class X, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class Y, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class Z, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class AA, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class AB, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class AC, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class AD, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class AE, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class AF, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class AG, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class AH, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class AI, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class AJ, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class AK, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class AL, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class AM, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class AN, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class AO, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class AP, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class AQ, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class AR, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class AS, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class AT, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class AU, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class AV, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class AW, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class AX, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class AY, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class AZ, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class BA, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class BB, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class BC, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class CD, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class CE, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class CF, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class CG, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class CH, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class DI, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class DJ, Nov/Dec |  |  |  |  | Investments |  |  |  |  |
| Liberty Media Corp. Liberty Sdn B.V. Class DK, Nov/Dec |  |  |  |  | Investments |  |  |  |  |

48

iSHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

# Schedule of Investments

(unaudited)

iShares® U.S. Consumer Discretionary ETF

October 31, 2022

## Average Quarterly Balances of Outstanding Derivative Financial Instruments

| Year ended December 31, 2022 | 1,868,569 | 1,868,569 | 1,868,569 | 1,868,569 |
| --- | --- | --- | --- | --- |
| Year ended December 31, 2021 | 1,868,569 | 1,868,569 | 1,868,569 | 1,868,569 |
| Year ended December 31, 2020 | 1,868,569 | 1,868,569 | 1,868,569 | 1,868,569 |
| Year ended December 31, 2019 | 1,868,569 | 1,868,569 | 1,868,569 | 1,868,569 |
| Year ended December 31, 2018 | 1,868,569 | 1,868,569 | 1,868,569 | 1,868,569 |
| Year ended December 31, 2017 | 1,868,569 | 1,868,569 | 1,868,569 | 1,868,569 |
| Year ended December 31, 2016 | 1,868,569 | 1,868,569 | 1,868,569 | 1,868,569 |
| Year ended December 31, 2015 | 1,868,569 | 1,868,569 | 1,868,569 | 1,868,569 |
| Year ended December 31, 2014 | 1,868,569 | 1,868,569 | 1,868,569 | 1,868,569 |
| Year ended December 31, 2013 | 1,868,569 | 1,868,569 | 1,868,569 | 1,868,569 |
| Year ended December 31, 2012 | 1,868,569 | 1,868,569 | 1,868,569 | 1,868,569 |
| Year ended December 31, 2011 | 1,868,569 | 1,868,569 | 1,868,569 | 1,868,569 |
| Year ended December 31, 2010 | 1,868,569 | 1,868,569 | 1,868,569 | 1,868,569 |
| Year ended December 31, 2009 | 1,868,569 | 1,868,569 | 1,868,569 | 1,868,569 |
| Year ended December 31, 2008 | 1,868,569 | 1,868,569 | 1,868,569 | 1,868,569 |
| Year ended December 31, 2007 | 1,868,569 | 1,868,569 | 1,868,569 | 1,868,569 |
| Year ended December 31, 2006 | 1,868,569 | 1,868,569 | 1,868,569 | 1,868,569 |
| Year ended December 31, 2005 | 1,868,569 | 1,868,569 | 1,868,569 | 1,868,569 |
| Year ended December 31, 2004 | 1,868,569 | 1,868,569 | 1,868,569 | 1,868,569 |
| Year ended December 31, 2003 | 1,868,569 | 1,868,569 | 1,868,569 | 1,868,569 |
| Year ended December 31, 2002 | 1,868,569 | 1,868,569 | 1,868,569 | 1,868,569 |
| Year ended December 31, 2001 | 1,868,569 | 1,868,569 | 1,868,569 | 1,868,569 |
| Year ended December 31, 2000 | 1,868,569 | 1,868,569 | 1,868,569 | 1,868,569 |

SCHEDULE OF INVESTMENTS

2022

49

# Schedule of Investments

(unaudited) (continued)

iShares® U.S. Consumer Staples ETF
(Percentages shown are based on Net Assets)

October 31, 2022

| Commodity Securities, Inc. Class A | 130,558 | 32,258,271 | Trading Companies & Distributors- 0.1% | 125,066 | 48,696,948 |
| --- | --- | --- | --- | --- | --- |
| Commodity Securities, Inc. (a) | 716,864 | 28,686,948 | Yumit Brands, Inc. | 44,967 | 5,317,340 |
| Commodity Securities, Inc. (b) | 6,757 | 628,113 | SiteOne Landscape Supply, Inc. (c) | 6,986 | 1,000,000 |
| Commodity Securities, Inc. (d) | 6,757 | 628,113 | 691,931,551 | $ | $ |
| Commodity Securities, Inc. (e) | 6,757 | 628,113 | 691,931,551 | $ | $ |
| Commodity Securities, Inc. (f) | 6,757 | 628,113 | 691,931,551 | $ | $ |
| Commodity Securities, Inc. (g) | 6,757 | 628,113 | 691,931,551 | $ | $ |
| Commodity Securities, Inc. (h) | 6,757 | 628,113 | 691,931,551 | $ | $ |
| Commodity Securities, Inc. (i) | 6,757 | 628,113 | 691,931,551 | $ | $ |
| Commodity Securities, Inc. (j) | 6,757 | 628,113 | 691,931,551 | $ | $ |
| Commodity Securities, Inc. (k) | 6,757 | 628,113 | 691,931,551 | $ | $ |
| Commodity Securities, Inc. (l) | 6,757 | 628,113 | 691,931,551 | $ | $ |
| Commodity Securities, Inc. (m) | 6,757 | 628,113 | 691,931,551 | $ | $ |
| Commodity Securities, Inc. (n) | 6,757 | 628,113 | 691,931,551 | $ | $ |
| Commodity Securities, Inc. (o) | 6,757 | 628,113 | 691,931,551 | $ | $ |
| Commodity Securities, Inc. (p) | 6,757 | 628,113 | 691,931,551 | $ | $ |
| Commodity Securities, Inc. (q) | 6,757 | 628,113 | 691,931,551 | $ | $ |
| Commodity Securities, Inc. (r) | 6,757 | 628,113 | 691,931,551 | $ | $ |
| Commodity Securities, Inc. (s) | 6,757 | 628,113 | 691,931,551 | $ | $ |
| Commodity Securities, Inc. (t) | 6,757 | 628,113 | 691,931,551 | $ | $ |
| Commodity Securities, Inc. (u) | 6,757 | 628,113 | 691,931,551 | $ | $ |
| Commodity Securities, Inc. (v) | 6,757 | 628,113 | 691,931,551 | $ | $ |
| Commodity Securities, Inc. (w) | 6,757 | 628,113 | 691,931,551 | $ | $ |
| Commodity Securities, Inc. (x) | 6,757 | 628,113 | 691,931,551 | $ | $ |
| Commodity Securities, Inc. (y) | 6,757 | 628,113 | 691,931,551 | $ | $ |
| Commodity Securities, Inc. (z) | 6,757 | 628,113 | 691,931,551 | $ | $ |
| Commodity Securities, Inc. (a) | 6,757 | 628,113 | 691,931,551 | $ | $ |
| Commodity Securities, Inc. (b) | 6,757 | 628,113 | 691,931,551 | $ | $ |
| Commodity Securities, Inc. (c) | 6,757 | 628,113 | 691,931,551 | $ | $ |
| Commodity Securities, Inc. (d) | 6,757 | 628,113 | 691,931,551 | $ | $ |
| Commodity Securities, Inc. (e) | 6,757 | 628,113 | 691,931,551 | $ | $ |

50

iSHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

# Schedule of Investments

iShares® U.S. Consumer Staples ETF

(unaudited) (continued)

October 31, 2022

| Activity | Value at | Purchases | Proceeds | Realized | Revenues/Consumer Products | Value at | Yield at | Yield at |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Activision Blizzard, Inc. | 4,000,000 | at Cost | 122,071 | 8,888,700 | Non-Residential Funds: Institutional, St. Agency | 46,662 | 1,829,000 | 1,829,000 |
| Reynolds, Inc. | 4,000,000 | at Cost | 61,143 | 540,000 | Non-Residential Funds: Institutional, St. Agency | 54,271 | 1,810,000 | 1,810,000 |
| Reynolds, Inc. | 4,000,000 | at Cost | 145,098 | 2,915,900 | Non-Residential Funds: Institutional, St. Agency | 16,577,454 | 18,504,338 | 18,504,338 |
| Reynolds, Inc. | 4,000,000 | at Cost | 145,098 | 2,915,900 | Non-Residential Funds: Institutional, St. Agency | 16,577,454 | 18,504,338 | 18,504,338 |
| Reynolds, Inc. | 4,000,000 | at Cost | 145,098 | 2,915,900 | Non-Residential Funds: Institutional, St. Agency | 16,577,454 | 18,504,338 | 18,504,338 |

SCHEDULE OF INVESTMENTS

2022

51

# Schedule of Investments

iShares® U.S. Consumer Staples ETF

(unaudited)

October 31, 2022

## Average Quarterly Balances of Outstanding Derivative Financial Instruments[{"box_2d": [19, 83, 958, 193], "label": "table", "caption": "

| Balance | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Year ended December 31, 2021 | $1,000,000 | $1,000,000 | $1,000,000 |
| Net income | $1,000,000 | $1,000,000 | $1,000,000 |
| Dividends paid | $1,000,000 | $1,000,000 | $1,000,000 |
| Dividends paid to common shareholders | $1,000,000 | $1,000,000 | $1,000,000 |
| Net income | $1,000,000 | $1,000,000 | $1,000,000 |
| Dividends paid to other companies | $1,000,000 | $1,000,000 | $1,000,000 |
| Dividends paid to other companies' subsidiaries | $1,000,000 | $1,000,000 | $1,000,000 |
| Net income | $1,000,000 | $1,000,000 | $1,000,000 |
| Dividends paid to other companies' subsidiaries and other companies' subsidiaries | $1,000,000 | $1,000,000 | $1,000,000 |
| Net income | $1,000,000 | $1,000,000 | $1,000,000 |

| Balance | 2022 | 2021 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2021 | 2020 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2020 | 2019 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2019 | 2018 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2018 | 2017 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2017 | 2016 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2016 | 2015 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2015 | 2014 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2014 | 2013 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2013 | 2012 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2012 | 2011 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2011 | 2010 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2010 | 2009 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2009 | 2008 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2008 | 2007 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2007 | 2006 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2006 | 2005 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2005 | 2004 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2004 | 2003 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2003 | 2002 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2002 | 2001 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2001 | 2000 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2000 | 2009 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2009 | 2008 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2008 | 2007 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2007 | 2006 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2006 | 2005 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2005 | 2004 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2004 | 2003 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2003 | 2002 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2002 | 2001 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2001 | 2000 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2000 | 2009 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2009 | 2008 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2008 | 2007 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2007 | 2006 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2006 | 2005 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2005 | 2004 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2004 | 2003 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2003 | 2002 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2002 | 2001 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2001 | 2000 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2000 | 2009 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2009 | 2008 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2008 | 2007 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2007 | 2006 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2006 | 2005 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2005 | 2004 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2004 | 2003 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2003 | 2002 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2002 | 2001 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2001 | 2000 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2000 | 2009 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2009 | 2008 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2008 | 2007 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2007 | 2006 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2006 | 2005 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2005 | 2004 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2004 | 2003 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2003 | 2002 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2002 | 2001 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2001 | 2000 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2000 | 2009 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2009 | 2008 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2008 | 2007 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2007 | 2006 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2006 | 2005 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2005 | 2004 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2004 | 2003 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2003 | 2002 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2002 | 2001 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2001 | 2000 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2000 | 2009 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2009 | 2008 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2008 | 2007 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2007 | 2006 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2006 | 2005 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2005 | 2004 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2004 | 2003 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2003 | 2002 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2002 | 2001 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2001 | 2000 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2000 | 2009 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2009 | 2008 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2008 | 2007 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2007 | 2006 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2006 | 2005 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2005 | 2004 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2004 | 2003 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2003 | 2002 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2002 | 2001 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2001 | 2000 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2000 | 2009 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2009 | 2008 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2008 | 2007 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2007 | 2006 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2006 | 2005 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2005 | 2004 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2004 | 2003 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2003 | 2002 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2002 | 2001 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2001 | 2000 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2000 | 2009 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2009 | 2008 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2008 | 2007 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2007 | 2006 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2006 | 2005 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2005 | 2004 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2004 | 2003 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2003 | 2002 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2002 | 2001 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2001 | 2000 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2000 | 2009 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2009 | 2008 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2008 | 2007 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2007 | 2006 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2006 | 2005 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2005 | 2004 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2004 | 2003 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2003 | 2002 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2002 | 2001 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2001 | 2000 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2000 | 2009 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2009 | 2008 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2008 | 2007 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2007 | 2006 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2006 | 2005 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2005 | 2004 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2004 | 2003 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2003 | 2002 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2002 | 2001 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2001 | 2000 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2000 | 2009 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2009 | 2008 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2008 | 2007 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2007 | 2006 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2006 | 2005 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2005 | 2004 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2004 | 2003 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2003 | 2002 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2002 | 2001 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2001 | 2000 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2000 | 2009 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2009 | 2008 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2008 | 2007 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2007 | 2006 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2006 | 2005 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2005 | 2004 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2004 | 2003 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2003 | 2002 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2002 | 2001 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2001 | 2000 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2000 | 2009 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2009 | 2008 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2008 | 2007 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2007 | 2006 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2006 | 2005 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2005 | 2004 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2004 | 2003 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2003 | 2002 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2002 | 2001 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2001 | 2000 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2000 | 2009 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2009 | 2008 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2008 | 2007 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2007 | 2006 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2006 | 2005 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2005 | 2004 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2004 | 2003 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2003 | 2002 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2002 | 2001 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2001 | 2000 |
| --- | --- | --- |
| Net income $1,000,000 $1,000,000 |  |  |

| Balance | 2000 | 2009 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2009 | 2008 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2008 | 2007 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2007 | 2006 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2006 | 2005 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2005 | 2004 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2004 | 2003 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2003 | 2002 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2002 | 2001 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2001 | 2000 |
| --- | --- | --- |

| Balance | 2000 | 2009 |
| --- | --- | --- |

| Net income | $1,000,000 | $1,000,000 |
| --- | --- | --- |

| Balance | 2000 | 2009 |
| --- | --- | --- |

| Net income | $1,000,000 | $1,000,000 |
| --- | --- | --- |

| Balance | 2009 | 2008 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2008 | 2007 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2007 | 2006 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2006 | 2005 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2005 | 2004 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2004 | 2003 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2003 | 2002 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2002 | 2001 |
| --- | --- | --- |
| Net income | $1,000,000 | $1,000,000 |

| Balance | 2001 | 2000 |
| --- | --- | --- |

| Net income | $1,000,000 | $1,000,000 |
| --- | --- | --- |
| Balance | 2000 | 2009 |

"

52

51[{"box_2d": [19,

# Schedule of Investments

(unaudited) (continued)

**iShares® U.S. Energy ETF**
(Percentages shown are based on Net Assets)

October 31, 2022

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |
| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |
| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |
| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |
| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

<table><tr><td></td><td></td><td></td><td></td><td></td></tr></table>

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

<table><tr><td></td><td></td><td></td><td></td><td></td></tr></table>

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

<table><tr><td></td><td></td><td></td><td></td><td></td></tr></table>

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

<table><tr><td></td><td></td><td></td><td></td><td></td></tr></table>

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

<table><tr><td></td><td></td><td></td><td></td><td></td></tr></table>

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

<table><tr><td></td><td></td><td></td><td></td><td></td></tr></table>

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

<table><tr><td></td><td></td><td></td><td></td><td></td></tr></table>

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

<table><tr><td></td><td></td><td></td><td></td><td></td></tr></table>

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

<table><tr><td></td><td></td><td></td><td></td><td></td></tr></table>

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

<table><tr><td></td><td></td><td></td><td></td><td></td></tr></table>

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

<table><tr><td></td><td></td><td></td><td></td><td></td></tr></table>

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

<table><tr><td></td><td></td><td></td><td></td><td></td></tr></table>

| Carpenter Co., Class AIV | 16,378 | 221,567 | 6,977 | 16,074,101 |
| --- | --- | --- | --- | --- |

SCHEDULE OF INVESTMENTS

2022

53

Schedule of Investments

iShares® U.S. Energy ETF

(unaudited) (continued)

October 31, 2022

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

| Cash Hang On (The) | 902,137 | 23,164,210 | (Cost: $1,689,492,634) | 1,701,331,504 |
| --- | --- | --- | --- | --- |
| Derivative Financial Instruments Categorized by Risk Exposure | 104,163 | 10,014,888 | Total Long-Term Investments - 99.8% | 1,694,900,282 |
| Derivative Financial Instruments Categorized by Risk Exposure | 104,163 | 10,014,888 | (Cost: $1,689,492,634) | 1,701,331,504 |
| Derivative Financial Instruments Categorized by Risk Exposure | 104,163 | 10,014,888 | (Cost: $1,689,492,634) | 1,694,900,282 |
| Derivative Financial Instruments Categorized by Risk Exposure | 104,163 | 10,014,888 | Net Assets - 100.0% | 1,694,900,282 |
| The following table summarizes the Fund's financial instruments categorizing in the Schedule of Investments | 1,487,648 | 184,248,472 | Short-Term Securities Currency |  |
| Category 1: as disclosed in the Schedule of Investments | 43,932 | 222,884 | Common Income (including security) |  |
| Common Income (including security) | 455,920 | 222,884 | Common Income (including security) |  |
| Common Income (including security) | 455,920 | 222,884 | Common Income (including security) |  |
| Common Income (including security) | 455,920 | 222,884 | Common Income (including security) |  |
| Common Income (including security) | 455,920 | 222,884 | Common Income (including security) |  |
| Common Income (including security) | 804,051 | 222,884 | Common Income (including security) |  |
| Common Income (including security) | 804,051 | 222,884 | Common Income (including security) |  |

Assets

![img-0.jpeg](img-0.jpeg)

54

iSHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

Schedule of Investments

iShares® U.S. Energy ETF

(unaudited)

October 31, 2022

Fair Value Hierarchy as of Period End

| Depreciation, Energy, Inc. | 218,000 | 60,000 | Contracts | 1,000 | Contracts | Contracts | Contracts | Total |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Amortization of Real Estate (in thousands) | 117,800 | 7,038,933 | Budget for Cash Flows | 7,038,933 | Budget for Cash Flows | 7,038,933 | Budget for Cash Flows | 7,038,933 |
| Less: Cash Investments | 37,231 | 2,227,903 | Capital Markets (continued) | 2,352,520,459 | 2,352,520,459 | 2,352,520,459 | 2,352,520,459 | 2,352,520,459 |
| Common Stock | 1,000,000 | 1,000,000 | Total | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Total | 1,000,000 | 1,000,000 | Total | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Shareholders' equity | 1,000,000 | 1,000,000 | Total | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Shareholders' equity | 1,000,000 | 1,000,000 | Total | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 1,000,000 |
| Shareholders' equity | 1,000,000 | 1,000,000 |  |  |  |  |  |  |
| Shareholders' equity | 1,000,000 | 1,000,000 |  |  |  |  |  |  |
| Shareholders' equity | 1,000,000 | 1,000,000 |  |  |  |  |  |  |
| Shareholders' equity | 1,000,000 | 1,000,000 |  |  |  |  |  |  |
| Shareholders' equity | 1,000,000 |  |  |  |  |  |  |  |
| Shareholders' equity | 1,000,000 |  |  |  |  |  |  |  |
| Shareholders' equity | 1,000,000 |  |  |  |  |  |  |  |
| Shareholders' equity | 1,000,000 |  |  |  |  |  |  |  |
| Shareholders' equity | 1,000,000 |  |  |  |  |  |  |  |

SCHEDULE OF INVESTMENTS

2022

55

# Schedule of Investments

(unaudited) (continued)

iShares® U.S. Financial Services ETF
(Percentages shown are based on Net Assets)

October 31, 2022

| Current period ended October 31, 2022, the effect of derivative financial instruments in the following financials of Other Assets: |  |  |  |  |
| --- | --- | --- | --- | --- |
| Operating Income | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| Total Assets | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| Noninterest income | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| Noninterest income | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |
| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |
| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

| Short-term Securities | 2,000,000 | 2,000,000 | 32,492 | 6,300,000 |
| --- | --- | --- | --- | --- |

56

56

56

56

56

56

56[{"box_2d": [19, 874, 36,

# Schedule of Investments

(unaudited) (continued)

iShares® U.S. Financial Services ETF
(Percentages shown are based on Net Assets)

October 31, 2022

| Net Change in Unrealized Appreciation (Depreciation) on | 74,519 | 8,949,732 | Robinhood Markets, Inc., Class A | $ | 205,041 | $ | 2,391,816 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Net Change in Securities - 0.9% |  |  |  |  |  |  |  |
| At December 31, | 143,595 | 12,927,789 | S&P Global, Inc. | Foreign | 138,891 |  | 44,618,734 |
| (Cost) $12,328,045 |  |  |  |  |  |  |  |
| Depreciation, Inc. | 46,058 | 2,583,099 | Net Outsements |  |  |  |  |
| Investments in Assets considered to be affiliate(s) of the Fund during the six months ended October 31, 2022 for purposes of Section 2(a)(3) of the Investment Company |  |  |  |  |  |  |  |
| Total Net Operating Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |
| Net Cash Flow as amended, were as follows: |  |  |  |  |  |  |  |
| Investments in 2022 and 2023 | 588,424 | 2,583,099 | State Street Company | Exchange | Interest Rate | Other | 11,090,010 |
| Investments in 2022 and 2023 |  |  | Inter-Financial Services | Contracts | Contracts | Contracts | 2,674,168 |
| Common Stock | 1,195,542 | 100,494,827 | Contractors |  |  |  |  |
| Common Stock |  | (7,395,788) | T Rowe Price Group, Inc. |  |  | 92,007 | 9,767,468 |
| Other Non-Intangible Value of contracts - long | 379,889 | 5,788,610 | TPC, Inc., Class A | $ | $ | $ | 4,638,868 |
| Net Assets - 100.0% | 71,501 | $1,428,053,248 | Tradewell Markets, Inc., Class A |  |  | 43,781 | 5,000,000 |
| Proposed Financial Partners, Inc. | 31,126 | 2,583,147 |  |  |  |  | 12,413,465 |
| Net Change in Unrealized Appreciation (Depreciation) on |  |  |  |  |  |  |  |

SCHEDULE OF INVESTMENTS

2022

57

# Schedule of Investments

iShares® U.S. Financial Services ETF

(unaudited)

October 31, 2022

For the period ended October 31, 2022, the effect of derivative financial instruments in the Statements of Operations was as follows:

| Description | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Corporate information about the Fund's investment risks regarding derivative financial instruments | 107,136 | 27,069,000 | 27,069,000 | 27,069,000 | 27,069,000 | 27,069,000 | 27,069,000 |
| Amortization | 30,538 | 2,159,200 | 2,159,200 | 2,159,200 | 2,159,200 | 2,159,200 | 2,159,200 |
| Amortization | 30,538 | 2,159,200 | 2,159,200 | 2,159,200 | 2,159,200 | 2,159,200 | 2,159,200 |
| Common Stock | 30,538 | 2,159,200 | 2,159,200 | 2,159,200 | 2,159,200 | 2,159,200 | 2,159,200 |
| Common Stock | 30,538 | 2,159,200 | 2,159,200 | 2,159,200 | 2,159,200 | 2,159,200 | 2,159,200 |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 | 2,159,200 | 2,159,200 | 2,159,200 | 2,159,200 |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 | 2,159,200 | 2,159,200 | 2,159,200 | 2,159,200 |
| Accounts Receivable | 30,538 | 2,159,200 |  |  |  |  |  |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Description | 2022 | 2021 | 2020 |
| --- | --- | --- | --- |
| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |

| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |
| --- | --- | --- | --- |

| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |
| --- | --- | --- | --- |

| Accounts Receivable | 30,538 | 2,159,200 | 2,159,200 |
| --- | --- | --- | --- |

<table><thead><tr><td>Accounts Receivable</td><td>30,538</td><td>2,159,200</td><td>2,159,200</td></tr></tabletabletable><thead><tr><td>Accounts Receivable</td><td>30,538</td><td>2,159,200</td><td>2,159,200</td></tr></tabletabletable><thead><tr><td>Accounts Receivable</td><td>30,538</td><td>2,159,200</td><td>2,159,200</td></tr></tabletabletable><thead><tr><td>Accounts Receivable</td><td>30,538</td><td>2,159,200</td><td>2,159,200</td></tr></tabletabletable><thead><tr><td>Accounts Receivable</td><td>30,538</td><td>2,159,200</td><td>2,159,200</td></tr></tabletabletable><thead><tr><td>Accounts Receivable</td><td>30,538</td><td>2,159,200</td><td>2,159,200</td></tr></tabletabletable><thead><tr><td>Accounts Receivable</td><td>30,538</td><td>2,159,200</td><td>2,159,200</td></tr></tabletabletable><thead><tr><td>Accounts Receivable</td><td>30,538</td><td>2,159,200</td><td>2,159,200</td></tr></tabletabletable><thead><tr><td>Accounts Receivable</td><td>30,538</td><td>2,159,200</td><td>2,159,200</td></tr></tabletabletable><thead><tr><td>Accounts Receivable</td><td>30,538</td><td>2,159,200</td><td>2,159,200</td></tr></tabletabletable>

58

58

58[{"box_2d": [19

# Schedule of Investments

(unaudited) (continued)

**iShares® U.S. Financials ETF**
(Percentages shown are based on Net Assets)

October 31, 2022[{"box_2d": [19, 81, 958, 191], "label": "table", "caption": "

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Claims Financial Group, Inc. Value at Purchases | 261,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 |
| Fair Value Hierarchy as of Period End | 261,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 |
| Fair Value Hierarchy as of Period End | 261,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 |
| Fair Value Hierarchy as of Period End | 261,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Claims Financial Group, Inc. Value at Purchases | 261,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 |
| Fair Value Hierarchy as of Period End | 261,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Claims Financial Group, Inc. Value at Purchases | 261,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 |
| Fair Value Hierarchy as of Period End | 261,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Claims Financial Group, Inc. Value at Purchases | 261,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Claims Financial Group, Inc. Value at Purchases | 261,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Claims Financial Group, Inc. Value at Purchases | 261,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Claims Financial Group, Inc. Value at Purchases | 261,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Claims Financial Group, Inc. Value at Purchases | 261,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Claims Financial Group, Inc. Value at Purchases | 261,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Claims Financial Group, Inc. Value at Purchases | 261,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Claims Financial Group, Inc. Value at Purchases | 261,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Claims Financial Group, Inc. Value at Purchases | 261,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Claims Financial Group, Inc. Value at Purchases | 261,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Claims Financial Group, Inc. Value at Purchases | 261,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Claims Financial Group, Inc. Value at Purchases | 261,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Claims Financial Group, Inc. Value at Purchases | 261,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Claims Financial Group, Inc. Value at Purchases | 261,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Claims Financial Group, Inc. Value at Purchases | 261,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Claims Financial Group, Inc. Value at Purchases | 261,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 | 10,000,000 |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

| Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial Statements |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |

<table><tr><td>Common information about the Fund's investment risks and action derivates in financial instruments, refer to the Notes to Financial

# Schedule of Investments

(unaudited) (continued)

**iShares® U.S. Financials ETF**
(Percentages shown are based on Net Assets)

October 31, 2022

| Reinsurance Group of America, Inc. | 202,833 | 6,956,769 | (Cost: $2,200,043,116) | 2,043,210,922 |
| --- | --- | --- | --- | --- |
| Reinsurance Group, Inc. | 6,933,591 | 2,044,034,846 | 12,417,000,53,477 | 12,400,000,00 |
| Reinsurance Holdings Ltd. | 87,919 | 13,839,000 | Trudewels Markets, Inc. Class A | $57,564 |
| Reinsurance Holdings, Inc., Class A | 140,992 | 1,876,000 | Shore Term Securities | $14,190,430 |
| Reinsurance | 129,700 | 527,428,000 | Insurance - 0.3% | 52,067 |
| Reinsurance | 129,700 | 527,428,000 | Money Market Funds - 1.4% | 1,165,259 |
| Reinsurance | 1,107,097 | 144,581,105 | 1,424,700,274 | 112,549 |
| Reinsurance | 1,107,097 | 144,581,105 | 1,424,700,274 | 628,114,197 |
| Reinsurance | 1,107,097 | 144,581,105 | 1,424,700,274 | 628,114,197 |
| Reinsurance | 1,107,097 | 144,581,105 | 1,424,700,274 | 628,114,197 |
| Reinsurance | 1,107,097 |  |  | 1,424,700,274 |
| Reinsurance | 1,107,097 |  |  | 1,424,700,274 |
| Reinsurance | 1,107,097 |  |  | 1,424,700,274 |

60

iSHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

Schedule of Investments

iShares® U.S. Financials ETF

(unaudited) (continued)

October 31, 2022

Derivative Financial Instruments Outstanding as of Period End

| Derivative Financial Instruments Outstanding as of Period End | 477,857,781 | Corp. Liabilities, Inc. | 12/16/22 | 62,048.91 | 254,444,888 |
| --- | --- | --- | --- | --- | --- |
| Derivative Financial Instruments Outstanding as of Period End | 39,760,904 | Total Short-term Securities | 1.4% |  |  |
| Derivative Financial Instruments Outstanding as of Period End | 39,760,904 | Total Short-term Securities | 0.9% |  |  |
| Derivative Financial Instruments Outstanding as of Period End | 1,341,418 | Total Investments, Inc. (a) | $ | 424,983.1 | 2,334,888 |
| Derivative Financial Instruments Outstanding as of Period End | 1,341,418 | Total Investments, Inc. (a) | $ | 424,983.1 | 2,334,888 |
| Derivative Financial Instruments Outstanding as of Period End | 10,669,260 | Total Investments, Inc. (a) | $ | 424,983.1 | 2,334,888 |
| Derivative Financial Instruments Outstanding as of Period End | 10,669,260 | Total Investments, Inc. (a) | $ | 424,983.1 | 2,334,888 |
| Derivative Financial Instruments Outstanding as of Period End | 10,669,260 | Total Investments, Inc. (a) | $ | 424,983.1 | 2,334,888 |

SCHEDULE OF INVESTMENTS

2022

61

Schedule of Investments

iShares® U.S. Financials ETF

(unaudited)

October 31, 2022

Fair Value Hierarchy as of Period End

| Fair Value of financial instruments | 718,609 | 30,985,848.00 | Parkshire Hathaway, Inc., Class B (Hill) | 668,110 | 197,152,580 |
| --- | --- | --- | --- | --- | --- |
| Investments | 116,609 | 3,285,672 | Chattanooga, Inc., Class A (Change) | 200,000 | 6,124,428 |
| General Financial Instruments Categorized by Risk Exposure |  | 8,045,202 | Equitable Holdings, Inc. | 2,000,000 | 3,284,888 |
| Asset Control and Financial Instruments | 1,109,899 | 82,948,884 | Committed all or a portion of this security is on loan. | 2,000,000 | 2,043,210,922 |
| Asset Control and Financial Instruments | 1,109,899 | 82,948,884 | Capital and Subsidiary of the Company | 20,269 | 220,887,852 |
| Debtors and other securities of derivative financial instruments located in the statements | 240,949 | 3,945,878 | Debtors and other securities were as follows: | 171,642 | 1,424,700,254 |
| Debtors and other securities of derivative financial instruments | 1,109,899 | 82,948,884 | Debtors and other securities of derivative financial instruments | 1,109,899 | 82,948,884 |
| Debtors and other securities of derivative financial instruments | 1,109,899 | 82,948,884 | Debtors and other securities of derivative financial instruments | 1,109,899 | 82,948,884 |
| Debtors and other securities of derivative financial instruments | 1,109,899 | 82,948,884 | Debtors and other securities of derivative financial instruments | 1,109,899 | 82,948,884 |

62

iSHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

# Schedule of Investments

(unaudited) (continued)

**iShares® U.S. Healthcare ETF**
(Percentages shown are based on Net Assets)

October 31, 2022[{"box_2d": [19, 83, 958, 191], "label": "table", "caption": "

| Banking Pharmaceutical, Inc. (ii) | 116,197 | 10,066,140 | American International Group, Inc. | 400,829 | 23,194,953 |
| --- | --- | --- | --- | --- | --- |
| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |
| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

| Cash and cash equivalents (if any) of the Bank of America (iii) | 100,778 | 9,914,710 | American International Group, Inc. | 41,000 | 31,000,000 |
| --- | --- | --- | --- | --- | --- |

<table><tr><td>Cash and cash equivalents (if any) of the Bank of America (iii)</td><td>100,778</td><td>

# Schedule of Investments

(unaudited) (continued)

iShares® U.S. Healthcare ETF
(Percentages shown are based on Net Assets)

October 31, 2022[{"box_2d": [20, 81, 958, 194], "label": "table", "caption": "

| Affiliated Issuer | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Short-Term Securities |  |  | 54,314 | 2,500,000 | Globe Life, Health, Inc. |  |  | 224,499 | 47,283,468 |
| Short-Term Securities, Inc. |  |  | 50,599 | 7,046,575 | Financial Assets |  |  | 92,516 | 9,689,102 |
| Short-Term Securities, Inc. |  |  | 50,599 | 7,046,575 | Financial Assets |  |  | 92,516 | 9,689,102 |
| Short-Term Securities, Inc. |  |  | 50,599 | 7,046,575 | Financial Assets |  |  | 92,516 | 9,689,102 |
| Short-Term Securities, Inc. |  |  | 50,599 | 7,046,575 | Financial Assets |  |  | 92,516 | 9,689,102 |
| Short-Term Securities, Inc. |  |  | 50,599 | 7,046,575 | Financial Assets |  |  |  |  |
| Short-Term Securities, Inc. |  |  | 50,599 | 7,046,575 | Financial Assets |  |  |  |  |
| Short-Term Securities, Inc. |  |  | 50,599 | 7,046,575 | Financial Assets |  |  |  |  |
| Short-Term Securities, Inc. |  |  | 50,599 | 7,046,575 | Financial Assets |  |  |  |  |
| Short-Term Securities, Inc. |  |  | 50,599 | 7,046,575 | Financial Assets |  |  |  |  |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  | 54,314 | 2,500,000 | Globe Life, Health, Inc. |  |  | 224,499 | 47,283,468 |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  | 50,599 | 7,046,575 | Financial Assets |  |  | 92,516 | 9,689,102 |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  | 50,599 | 7,046,575 | Financial Assets |  |  | 92,516 | 9,689,102 |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  | 54,314 | 2,500,000 | Globe Life, Health, Inc. |  |  | 224,499 | 47,283,468 |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  | 50,599 | 7,046,575 | Financial Assets |  |  | 92,516 | 9,689,102 |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  | 54,314 | 2,500,000 | Globe Life, Health, Inc. |  |  | 224,499 | 47,283,468 |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  | 50,599 | 7,046,575 | Financial Assets |  |  | 92,516 | 9,689,102 |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  | 54,314 | 2,500,000 | Globe Life, Health, Inc. |  |  | 224,499 | 47,283,468 |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  | 50,599 | 7,046,575 | Financial Assets |  |  | 92,516 | 9,689,102 |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  | 54,314 | 2,500,000 | Globe Life, Health, Inc. |  |  | 224,499 | 47,283,468 |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  | 54,314 | 2,500,000 | Globe Life, Health, Inc. |  |  | 224,499 | 47,283,468 |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  | 54,314 | 2,500,000 | Globe Life, Health, Inc. |  |  | 224,499 | 47,283,468 |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  | 54,314 | 2,500,000 | Globe Life, Health, Inc. |  |  | 224,499 | 47,283,468 |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  | 54,314 | 2,500,000 | Globe Life, Health, Inc. |  |  | 224,499 | 47,283,468 |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  | 54,314 | 2,500,000 | Globe Life, Health, Inc. |  |  | 224,499 | 47,283,468 |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  | 54,314 | 2,500,000 | Globe Life, Health, Inc. |  |  | 224,499 | 47,283,468 |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  | 54,314 | 2,500,000 | Globe Life, Health, Inc. |  |  | 224,499 | 47,283,468 |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  | 54,314 | 2,500,000 | Globe Life, Health, Inc. |  |  | 224,499 | 47,283,468 |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  | 54,314 | 2,500,000 | Globe Life, Health, Inc. |  |  | 224,499 | 47,283,468 |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  | 54,314 | 2,500,000 | Globe Life, Health, Inc. |  |  | 224,499 | 47,283,468 |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  | 54,314 | 2,500,000 | Globe Life, Health, Inc. |  |  | 224,499 | 47,283,468 |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  | 54,314 | 2,500,000 | Globe Life, Health, Inc. |  |  | 224,499 | 47,283,468 |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  | 54,314 | 2,500,000 | Globe Life, Health, Inc. |  |  | 224,499 | 47,283,468 |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  | 54,314 | 2,500,000 | Globe Life, Health, Inc. |  |  | 224,499 | 47,283,468 |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

<tr><td>Securities Quarterly Balances of Outstanding Derivative Financial Instruments</td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td></tr></table>

| Securities Quarterly Balances of Outstanding Derivative Financial Instruments | 04/30/22 | at Cost | from Sale | Gain (Loss) | (Depreciation) | 10/31/22 | 10/31/22 | Income | Funds |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |

<table><thead><tr><th>Securities Quarterly Balances of Outstanding Derivative Financial Instruments</th><th></th><th></th><th></th><th></th><th></

Schedule of Investments

iShares® U.S. Healthcare ETF

(unaudited)

October 31, 2022

Derivative Financial Instruments Categorized by Risk Exposure[{"box_2d": [19, 85, 958, 190], "label": "table", "caption": "

| Intercontinental Exchange, Inc. | 295,281 | 595,335,446 | Harrover Insurance Group, Inc. (The) | 18,920 | 2,771,591 |
| --- | --- | --- | --- | --- | --- |
| Intercontinental Exchange, Inc. | 295,281 | 595,335,446 | Harrover Insurance Group, Inc. (The) | 172,451 | 12,487,177 |
| Intercontinental Exchange, Inc. | 295,281 | 595,335,446 | Health Care Trust Services Group, Inc. (The) | 172,451 | 12,487,177 |
| Intercontinental Exchange, Inc. | 295,281 | 595,335,446 | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| Intercontinental Exchange, Inc. | 295,281 | 595,335,446 | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |
| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

| Intercontinental Exchange, Inc. |  |  | Intercontinental Exchange, Inc. | 172,451 | 12,487,177 |
| --- | --- | --- | --- | --- | --- |

<table><tr><td>Intercontinental Exchange, Inc.</td><td

# Schedule of Investments

(unaudited) (continued)

**iShares® U.S. Industrials ETF**
(Percentages shown are based on Net Assets)

October 31, 2022

| General Dynamics Corp. | 53,771 | 13,431,900 | Con-Operation Materials & Machinery | 58,186 | 1,581,495 |
| --- | --- | --- | --- | --- | --- |
| Equity International, Inc. | 313,808 | 11,440,440 | Equity International, Inc. (Exchange) | 118,988 | 74,342,900 |
| Investments in issuers considered to be affiliate(s) of the Fund during the six months ending October 31, 2022 for purposes of Section 2(a)(3) of the Investment Company | 119,861 | 11,440,440 | Contractors | 103,732 | 4,819,987 |
| Reclassified (Reclassified) and its follows: | 889,772 | 38,782,470 | Reclassified (Reclassified) and its | 23,787 | 4,788,970 |
| Reclassified (Reclassified) from | 48,781 | $18,742,181 | Reclassified (Reclassified) and its | 24,487 | $1,584,940 |
| Reclassified (Reclassified) from | 48,780 | $18,742,181 | Reclassified (Reclassified) and its | 68,506 | $4,236,141 |
| Reclassified (Reclassified) from | 48,780 | $18,742,181 | Reclassified (Reclassified) and its | 31,744 | $6,737,664 |
| Reclassified (Reclassified) from | 48,780 | $18,742,181 | Reclassified (Reclassified) and its | 134,022 | $10,000,000 |
| Reclassified (Reclassified) from | 48,780 | $18,742,181 | Reclassified (Reclassified) and its | 104,215 | $10,000,000 |
| Reclassified (Reclassified) from | 48,780 | $18,742,181 | Reclassified (Reclassified) and its | 94,111 | $10,000,000 |
| Reclassified (Reclassified) from | 48,780 | $18,742,181 | Reclassified (Reclassified) and its | 94,111 | $10,000,000 |
| Reclassified (Reclassified) from | 48,780 | $18,742,181 |  |  |  |
| Reclassified (Reclassified) from | 48,780 | $18,742,181 |  |  |  |
| Reclassified (Reclassified) from | 48,780 | $18,742,181 |  |  |  |

66

iSHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

# Schedule of Investments

(unaudited) (continued)

**iShares® U.S. Industrials ETF**
(Percentages shown are based on Net Assets)

October 31, 2022

| Accounts (B) C, Class A | 140,973 | 38,166,770 | Securities (B) C, Class A | 109,019 | 2,770,026 |
| --- | --- | --- | --- | --- | --- |
| Accounts (B) C, Class A | 48,863 | 3,237,424 | Securities (B) C, Class A | 110,000 | 2,770,026 |
| Accounts (B) C, Class A | 48,863 | 3,237,424 | Securities (B) C, Class A | 110,000 | 2,770,026 |
| Accounts (B) C, Class A | 156,829 | 26,309,890 | Securities (B) C, Class A | 69,761 | 31,488,041 |
| Securities (B) C, Class A | 110,000 | 2,000,000 | Securities (B) C, Class A | 79,464 | 10,614,801 |
| Securities (B) C, Class A | 110,000 | 2,000,000 | Securities (B) C, Class A | 79,464 | 10,614,801 |
| Securities (B) C, Class A | 110,000 | 2,000,000 | Securities (B) C, Class A | 79,464 | 10,614,801 |

SCHEDULE OF INVESTMENTS

2022

67

# Schedule of Investments

(unaudited) (continued)

iShares® U.S. Industrials ETF
(Percentages shown are based on Net Assets)

October 31, 2022[{"box_2d": [19, 85, 958, 194], "label": "table", "caption": "

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |
| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |
| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |
| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |
| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

| Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation | 1,020,954 | 1,020,954 |
| --- | --- | --- |

<table><tr><td>Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation</td><td>1,020,954</td><td>1,020,954</td></tr></tabletabletable><tr><td>Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation</td><td>1,020,954</td><td>1,020,954</td></tr></tabletabletable><tr><td>Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation</td><td>1,020,954</td><td>1,020,954</td></tr></tabletabletable><tr><td>Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation</td><td>1,020,954</td><td>1,020,954</td></tr></tabletabletable><tr><td>Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation</td><td>1,020,954</td><td>1,020,954</td></tr></tabletabletable><tr><td>Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation</td><td>1,020,954</td><td>1,020,954</td></tr></tabletabletable><tr><td>Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation</td><td>1,020,954</td><td>1,020,954</td></tr></tabletabletable><tr><td>Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation</td><td>1,020,954</td><td>1,020,954</td></tr></tabletabletable><tr><td>Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation</td><td>1,020,954</td><td>1,020,954</td></tr></tabletabletable><tr><td>Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation</td><td>1,020,954</td><td>1,020,954</td></tr></tabletabletable><tr><td>Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation</td><td>1,020,954</td><td>1,020,954</td></tr></tabletabletable><tr><td>Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation</td><td>1,020,954</td><td>1,020,954</td></tr></tabletabletable><tr><td>Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation</td><td>1,020,954</td><td>1,020,954</td></tr></tabletabletable><tr><td>Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation</td><td>1,020,954</td><td>1,020,954</td></tr></tabletabletable><tr><td>Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation</td><td>1,020,954</td><td>1,020,954</td></tr></tabletabletable><tr><td>Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation</td><td>1,020,954</td><td>1,020,954</td></tr></tabletabletable><tr><td>Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information about the Fund's policy regarding valuation</td><td>1,020,954</td><td>1,020,954</td></tr></tabletabletable><tr><td>Cash and cash equivalents, including the fair value of financial instruments and a description of the input levels and information

Schedule of Investments

iShares® U.S. Industrials ETF

(unaudited)

October 31, 2022

Derivative Financial Instruments Categorized by Risk Exposure[{"box_2d": [19, 84, 958, 188], "label": "table", "caption": "

| Trading, Inc. | 29,636 | 6,337,070 | Johnson & Johnson | 1,659,734 | 298,383,914 |
| --- | --- | --- | --- | --- | --- |
| Amortization of depreciation on futures contracts | 10,948 | 3,000,000 | Oakland, NY | 1,599,454 | 1,116,910 |
| Amortization of operations | 133,166 | 288,383,168 | Merck & Co. Inc. | 1,599,454 | 161,410,000 |
| Consolidated Operating Financial Instruments | 10,124 | 785,071 | Oakland, NY | 1,599,454 | 1,116,910 |
| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |
| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

| Investments and other instruments | 10,124 | 785,071 | Investments and other instruments | 1,599,454 | 1,116,910 |
| --- | --- | --- | --- | --- | --- |

<table><tr><td>Investments and other instruments</td><td>10,124</td><td>785,071</td><td>Investments and other instruments</td><td>1,

# Schedule of Investments

(unaudited) (continued)

**iShares® U.S. Technology ETF**
(Percentages shown are based on Net Assets)

October 31, 2022[{"box_2d": [19, 84, 958, 189], "label": "table", "caption": "

| Johnson Controls International PLC | 163,702 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |
| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

| Fairbanks, Inc. | 142,000 | 10,850,458 | Equity securities & Semiconductor Equipment | 0.1% | 13,785 | 48,000,000 |
| --- | --- | --- | --- | --- | --- | --- |

<table><tr><td>Fairbanks, Inc.</td><td>142,000</td><td>

Schedule of Investments

(unaudited) (continued)

iShares® U.S. Technology ETF

(Percentages shown are based on Net Assets)

October 31, 2022

| Investments, Inc. | 1,561,911 | 1,561,911 | - | 1,562,977 | 1,562,977 | 1,562,977 |
| --- | --- | --- | --- | --- | --- | --- |
| Investments, Inc. | 1,561,911 | 1,561,911 | - | 1,562,977 | 1,562,977 | 1,562,977 |
| Investments, Inc. | 1,561,911 | 1,561,911 | - | 1,562,977 |  |  |
| Investments, Inc. | 1,561,911 | 1,561,911 | - | 1,562,977 | 1,562,977 | 1,562,977 |
| Investments, Inc. | 1,561,911 | 1,561,911 | - | 1,562,977 | 1,562,977 | 1,562,977 |

SCHEDULE OF INVESTMENTS

2022

71

Schedule of Investments

iShares® U.S. Technology ETF

(unaudited) (continued)

October 31, 2022

Derivative Financial Instruments Outstanding as of Period End

| Derivative (or Class A) (1) | 4,427,313 | 418,947,217 | 16,100,622 |
| --- | --- | --- | --- |
| Derivative (or Class B) (2) | 66,714 | 1,000,000 | 52,000 |
| Derivative (or Class C) (3) | 1,000,000 | 1,000,000 | 17,000,000 |
| Derivative (or Class D) (4) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class E) (5) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class F) (6) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class G) (7) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class H) (8) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class I) (9) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class J) (10) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class K) (11) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class L) (12) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class M) (13) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class N) (14) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class O) (15) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class P) (16) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class Q) (17) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class R) (18) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class S) (19) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class T) (20) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class U) (21) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class V) (22) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class W) (23) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class X) (24) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class Y) (25) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class Z) (26) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class AA) (27) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class AB) (28) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class AC) (29) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class AD) (30) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class AE) (31) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class AF) (32) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class AG) (33) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class AH) (34) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class AI) (35) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class AJ) (36) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class AK) (37) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class AL) (38) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class AM) (39) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class AN) (40) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class AO) (41) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class AP) (42) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class AQ) (43) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class AR) (44) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class AS) (45) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class AT) (46) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class AU) (47) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class AV) (48) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class AW) (49) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class AX) (50) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class AY) (51) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class AZ) (52) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class BA) (53) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class BB) (54) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class BC) (55) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class CD) (56) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class CE) (57) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class CF) (58) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class CG) (59) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class CH) (60) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class DI) (61) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class DJ) (62) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class DJA) (63) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class DJB) (64) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class DJB) (65) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class BQ) (66) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class BQ) (67) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class BQ) (68) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class BQ) (69) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class BQ) (70) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class BQ) (71) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class BQ) (72) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class BQ) (73) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class BQ) (74) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class BQ) (75) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class BQ) (76) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class BQ) (77) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class BQ) (78) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class BQ) (79) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class BQ) (80) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class BQ) (81) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class BQ) (82) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class BQ) (83) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class BQ) (84) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class BQ) (85) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class BQ) (86) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class BQ) (87) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class BQ) (88) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class BQ) (89) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class BQ) (90) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class BQ) (91) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class BQ) (92) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class BQ) (93) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class BQ) (94) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class BQ) (95) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class BQ) (96) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class BQ) (97) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class BQ) (98) | 1,000,000 | 1,000,000 | 1,000,000 |
| Derivative (or Class BQ) (99) | 1,000,000 | 1,000,000 | 1,000,000 |

![img-0.jpeg](img-0.jpeg)

72

iSHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

Schedule of Investments

iShares® U.S. Technology ETF

(unaudited)

October 31, 2022

Fair Value Hierarchy as of Period End

| Schedule of Direct Marketing Retailer - 0.2% | 182,644 | 15,595,000 | Total Net Income Securities - 1.0% | 56,000 | 4,797,000 |
| --- | --- | --- | --- | --- | --- |
| Schedule of Industry - Select Sector Index | 20,000 | Committed - 1,000 | Exchange - Internal Rate | 136,794 | 38,910,000 |
| Schedule of Trade - Class A | 181,000 | 11,000,000 | Volume (see 10,770) | 1,000 | 10,000 |
| Schedule of Investments | 119,723 | 5,782,050 | Contract (see 10,770) | 1,000 | 10,000 |
| Common Stock | 32,000 | 2,558,520 | Road & Rail (continued) | $ | $ |
| Common Stock - Financial Instruments | 32,000 | 2,558,520 | Road & Rail (continued) | $ | $ |
| Common Stock - Financial Instruments | 32,000 | 2,558,520 | Road & Rail (continued) | $ | $ |
| Common Stock - Financial Instruments | 32,000 | 2,558,520 | Road & Rail (continued) | $ | $ |
| Common Stock - Financial Instruments | 32,000 | 2,558,520 | Road & Rail (continued) | $ | $ |
| Common Stock - Financial Instruments | 32,000 | 2,558,520 | Road & Rail (continued) | $ | $ |

(See Note 1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1.1)

SCHEDULE OF INVESTMENTS

2022

73

# Schedule of Investments

(unaudited) (continued)

iShares® U.S. Transportation ETF
(Percentages shown are based on Net Assets)

October 31, 2022

| Expenditure | 187,072 | 29,983,900 | 1,000,000 | 1,000,000 | 1,000,000 |
| --- | --- | --- | --- | --- | --- |
| Expenditure on the Company's Shareholders' Equity | 204,844 | 24,539,336 | 1,000,000 | 1,000,000 | 1,000,000 |
| Expenditure on the Company's Shareholders' Equity | 204,844 | 24,539,336 | 1,000,000 | 1,000,000 | 1,000,000 |
| Expenditure on the Company's Shareholders' Equity | 204,844 | 24,539,336 | 1,000,000 | 1,000,000 | 1,000,000 |
| Expenditure on the Company's Shareholders' Equity | 204,844 |  |  |  |  |
| Expenditure on the Company's Shareholders' Equity | 204,844 |  |  |  |  |
| Expenditure on the Company's Shareholders' Equity | 204,844 |  |  |  |  |
| Expenditure on the Company's Shareholders' Equity | 204,844 |  |  |  |  |
| Expenditure on the Company's Shareholders' Equity | 204,844 |  |  |  |  |

For the years ended December 31, 2022, the effect of the period of financial statements on the Company's shareholding in the securities of the Company's subsidiaries, and other instruments, and other instruments, and other instruments, and other instruments, and other instruments, and other instruments, and other instruments, and other instruments, and other instruments, and other instruments, and other instruments, and other instruments, and other instruments, and other instruments, and other instruments, and other instruments, and other instruments, and other instruments, and other instruments, and other instruments, and other instruments, and other instruments, and other instruments, and other instruments, and other instruments, and other instruments

74

iSHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

# Schedule of Investments

iShares® U.S. Transportation ETF

(unaudited) (continued)

October 31, 2022

| Accounting | 123,638 | 2,744,878 | Unpaid/Debit/Corporate | Number of | Expiration | Date of Issue | Amount |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Net of 1,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000 | 353,100 | 57,857,397 | Unpaid/Debit/Corporate | Number of | Expiration | Date of Issue | Amount |
| Debtors and Non-Shareholders | 377,000 | 10,100,000 | Debtors and Non-Shareholders | 1 | $ | 10/31/22 | $20,000,000 |
| Debtors and Non-Shareholders | 100,000 | 5,730,000 | Debtors and Non-Shareholders | 1 | $ | 10/31/22 | $20,000,000 |
| Debtors and Non-Shareholders | 100,000 | 5,730,000 | Debtors and Non-Shareholders | 1 | $ | 10/31/22 | $20,000,000 |
| Debtors and Non-Shareholders | 100,000 | 5,730,000 | Debtors and Non-Shareholders | 1 | $ | 10/31/22 | $20,000,000 |
| Debtors and Non-Shareholders | 100,000 | 5,730,000 |  |  |  |  |  |
| Debtors and Non-Shareholders | 100,000 | 5,730,000 |  |  |  |  |  |
| Debtors and Non-Shareholders | 100,000 | 5,730,000 |  |  |  |  |  |
| Debtors and Non-Shareholders | 100,000 | 5,730,000 |  |  |  |  |  |

SCHEDULE OF INVESTMENTS

2022

75

# Schedule of Investments

iShares® U.S. Transportation ETF

(unaudited)

October 31, 2022

## Fair Value Hierarchy as of Period End

| Shares, Inc. | 169,889 | 463,804,960 | Short-Term Securities | 98,680 | 5,766,128 |
| --- | --- | --- | --- | --- | --- |
| First P/E | 49,608 | 809,100 | Foreign | 79,672 | 4,801,035 |
| Fair Value of Shares (in thousands) | $2,000 | $2,000 | Foreign | $2,000 | $2,000 |
| Shares, Inc. | 467,909 | 21,429,920 | Foreign | 467,909 | 21,429,920 |
| Shares, Inc. | $2,000 | $2,000 | Foreign | $2,000 | $2,000 |
| Shares, Inc. | 260,995 | 1,021,361 | Foreign | 260,995 | 1,021,361 |
| Shares, Inc. | 260,995 | 1,021,361 | Foreign | 260,995 | 1,021,361 |
| Shares, Inc. | 260,995 | 1,021,361 | Foreign | 260,995 | 1,021,361 |
| Shares, Inc. | 260,995 | 1,021,361 | Foreign |  |  |
| Shares, Inc. | 44,485 | 128,073,813 | Shares, Inc. | 44,485 | 128,073,813 |
| Shares, Inc. | 180,040 | 23,876,905 | Shares, Inc. | 180,040 | 23,876,905 |
| Shares, Inc. | 180,040 | 23,876,905 | Shares, Inc. | 180,040 | 23,876,905 |
| Shares, Inc. | 180,040 | 23,876,905 | Shares, Inc. | 180,040 | 23,876,905 |

76

iSHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

# Schedule of Investments

(unaudited) (continued)

**iShares® U.S. Utilities ETF**
(Percentages shown are based on Net Assets)

October 31, 2022

| Assets | $ | (25,158) | (Cost: $1,000,074) | $ | 25,000,000 | $ | 50,450,859 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Net assets net amount purchased (cont.) |  |  |  |  |  |  |  |
| 1. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Assets and Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 2. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Assets and Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 3. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 4. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 5. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 6. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 7. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 8. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 9. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 10. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 11. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 12. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 13. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 14. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 15. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 16. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 17. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 18. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 19. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 20. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 21. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 22. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 23. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 24. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 25. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 26. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 27. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 28. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 29. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 30. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 31. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 32. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 33. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 34. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 35. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 36. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 37. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 38. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 39. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 40. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 41. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 42. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 43. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 44. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 45. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 46. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 47. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 48. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 49. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 50. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 51. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 52. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 53. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 54. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 55. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 56. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 57. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 58. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 59. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 60. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 61. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 62. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 63. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 64. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 65. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 66. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 67. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 68. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 69. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 70. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 71. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 72. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 73. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 74. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 75. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 76. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 77. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 78. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 79. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 80. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 81. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 82. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 83. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 84. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 85. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 86. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 87. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 88. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 89. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 90. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 91. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 92. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 93. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 94. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 95. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 96. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 97. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 98. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |
| 99. All other items are realized appreciation (depreciation) on future contracts are held by the Schedule of Investments. In the Statements of Liabilities, the current depreciation is subject to the Company's written approval of the Company's Board of Directors. |  |  |  |  |  |  |  |

SCHEDULE OF INVESTMENTS

2022

77

# Schedule of Investments

iShares® U.S. Utilities ETF

(unaudited) (continued)

October 31, 2022

| Entergy Corp. | 177,226 | Contract | 18,887,994 | Contract | All or a portion of this securities | Common loan | Contract | Contract | Total |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Net Weighted Gain (Loss) from | 194,050 |  | 11,862,277 |  |  | Number of | Expiration | Amount | Appreciation |
| Debt and Loss are used in determining the fair value of financial instruments. For a description of the fund assets and liabilities, see Fund's policy and presentation. | 300,000 |  | 22,948,962 |  |  | Number of | - | 158,000 | 2,000,000 |
| Long-Term Investments, refer to the Notes to Financial Statements. | 307,269 |  | 33,467,911 |  |  | Number of | - | - | 2,000,000 |
| Net Long-Term Assets (Depreciation) on | 307,269 |  | 33,467,911 |  |  | Number of | - | - | 2,000,000 |
| Total Long-Term Assets (Depreciation) on | 307,269 |  | 33,467,911 |  |  | Number of | - | - | 2,000,000 |
| Total Long-Term Liabilities and Liabilities (Depreciation) on | 307,269 |  | 33,467,911 |  |  | Number of | - | - | 2,000,000 |
| Liabilities and Liabilities are authorized by the Fund's financial instruments categorized in the fair value hierarchy. The breakdown of the Fund's financial instruments is discussed in the Schedule of Investments above. | 34,000 |  | 3,618,965 |  |  | 32 | 12/16/22 | $2,161 | $(179,007) |
| Liabilities and Liabilities are authorized by the Fund's financial instruments categorized in the fair value hierarchy. The breakdown of the Fund's financial instruments is discussed in the Schedule of Investments above. | 34,000 |  | 3,618,965 |  |  | - | - | - | - |
| Liabilities and Liabilities are authorized by the Fund's financial instruments categorized in the fair value hierarchy. The breakdown of the Fund's financial instruments is discussed in the Schedule of Investments above. | 34,000 |  | 3,618,965 |  |  | - | - | - | - |
| Total Long-Term Investments - 99.8% |  |  | 4,598,529 |  |  | Total Long-Term Investments - 99.8% |  |  |  |
| Derivative Financial Instruments (A) are authorized by the Fund's financial instruments. The six months ended December 31, 2022 for purposes of Section 2(a)(3) of the Investment Company |  |  |  |  |  | Level 3 |  |  |  |
| Average Quarterly Balances of Outstanding Derivative Financial Instruments |  |  |  |  |  | Level 3 |  |  |  |
| All other items, including the fair value of derivative financial instruments located in the Statements of Assets and Liabilities were as follows: |  |  |  |  |  |  |  |  | Total |
| Assets |  |  |  |  |  |  |  |  |  |

![img-1.jpeg](img-1.jpeg)

78

iSHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

Schedule of Investments

iShares® U.S. Utilities ETF

(unaudited)

October 31, 2022

Fair Value Hierarchy as of Period End

|  |  |  |  |  | iShares | iShares | iShares |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debt Interest Corp. | 174,279 | 6,383,840 |  | Short-Term Securities | MSCI KLD 400 | MSCI USA ESG | U.S. Basic Materials |
| Excessive Assets |  |  |  |  | Foreign |  | Capital |
| FCSE Corp. | 1,354,153 | 20,217,504 |  | Dow Jones U.S. ETF | Social ETF | Select ETF | $1,053,000 |
| Accumulated reinvestments contracts - long |  |  |  |  | Currency |  |  |
| Pinnacle West Capital Corp. | 98,528 | 6,622,067 | $ | Money Market Funds - 1.1% | $ |  | 988,561,313 |
|  |  | Commodity |  | Credit, Championship | Exchange | Interest Rate | Other |
| ASSETS |  |  |  |  |  |  |  |
| For short-term Securities | 643,381 | 17,043,163 |  | BlackRock Cash Funds, Institutional, St. Agency |  |  |  |
| For short-term Securities |  |  |  | Interbank Securities |  |  |  |
| Consolidated Financial Statements | 927,275 | 30,711,000 |  | Interbank Securities |  |  |  |
| Liabilities (including Financial Instruments) |  |  |  |  |  |  |  |
| Liabilities (including Financial Instruments) |  |  |  |  |  |  |  |
| Liabilities (including Financial Instruments) | 476,148 | 31,001,996 |  | BlackRock Cash Funds, Institutional, St. Agency |  |  |  |
| Liabilities (including Financial Instruments) |  |  |  | Interbank Securities |  |  |  |
| Liabilities (including Financial Instruments) |  |  |  | Interbank Securities |  |  |  |
| Liabilities (including Financial Instruments) |  |  |  | Interbank Securities |  |  |  |
| Liabilities (including Financial Instruments) |  |  |  | Interbank Securities |  |  |  |
| Liabilities (including Financial Instruments) |  |  |  | Interbank Securities |  |  |  |
| Liabilities (including Financial Instruments) |  |  |  | Interbank Securities |  |  |  |

Electrical Equipment - 0.4%

SCHEDULE OF INVESTMENTS

2022

79

# Statements of Assets and Liabilities

(unaudited) (continued)

October 31, 2022

| Futures contracts | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |
| Liabilities |  |  |  |  |
| Shareholders' equity | 1,704,333 | 1,034,281 | (Cost: $11,208,438) | 11,208,438 |
| Shareholders' equity | $10,000,000 | $5,343 | $10,000,000 | $5,343 |
| Liabilities |  |  |  |  |
| Shareholders' equity |  |  |  |  |
| Shareholders' equity |  |  |  |  |
| Shareholders' equity |  |  |  |  |
| Shareholders' equity |  |  |  |  |
| Shareholders' equity |  |  |  |  |
| Shareholders' equity |  |  |  |  |
| Shareholders' equity |  |  |  |  |
| Shareholders' equity |  |  |  |  |
| Shareholders' equity |  |  |  |  |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |
| Liabilities |  |  |  |  |
| Shareholders' equity |  |  |  |  |
| Shareholders' equity |  |  |  |  |
| Shareholders' equity |  |  |  |  |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |
| Liabilities |  |  |  |  |
| Shareholders' equity |  |  |  |  |
| Shareholders' equity |  |  |  |  |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |
| Liabilities |  |  |  |  |
| Shareholders' equity |  |  |  |  |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |
| Liabilities |  |  |  |  |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |
| Liabilities |  |  |  |  |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |
| Liabilities |  |  |  |  |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |
| Liabilities |  |  |  |  |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |
| Liabilities |  |  |  |  |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

| Liabilities |  |  |  |  |
| --- | --- | --- | --- | --- |

| Liabilities | 142,000 | 465,000 | 389,000 | 100,000 |
| --- | --- | --- | --- | --- |

80

SHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

# Statements of Assets and Liabilities

(unaudited) (continued)

October 31, 2022[{"box_2d": [20, 72, 958, 182], "label": "table", "caption": "

| Collateral on securities loaned | 24,912,695 | 9,717,386 | 25,887,613 | 12,848,240 |
| --- | --- | --- | --- | --- |
| Figures contracts | 2,000,000 | 1,000,000 | 270,000 | 300,000 |
| Payments | Contracts | Contracts | Contracts | Contracts |
| Receivables (The) | 582,371 | 15,234,825 | (a) All or a portion of the security is on loans | Shares |
| Net interest (the) from |  |  |  | U.S. Technology |
| Investment securities (the) of the | 113,482 | 3,458,045 | (b) All or a portion of the security is on loans | U.S. Industrial |
| Capital shares (the) of the | $ | $ | $ | $ |
| Capital shares sold |  |  | (c) Annualized 2-day yield as of period | 6,722 |
| Investment advisory fees |  |  | (d) 2-day yield as of period | 655,561 |
| Liabilities |  |  | (e) All or a portion of the security was designated with the cash value from loaned | 283,163 |
| Investments in Unsecured Depreciation (Depreciation) on |  |  | (f) All or a portion of the security was designated with the cash value from loaned | 283,163 |
| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ |
| Investments in Unsecured Depreciation (Depreciation) on |  |  | $ | $ |
| Investments in Unsecured Depreciation (Depreciation) on |  |  | $ | $ |
| Investments in Unsecured Depreciation (Depreciation) on |  |  | $ | $ |
| Investments in Unsecured Depreciation (Depreciation) on |  |  | $ | $ |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |
| Investments in Unsecured Depreciation (Depreciation) on |  |  | $ | $ | $ |
| Investments in Unsecured Depreciation (Depreciation) on |  |  | $ | $ | $ |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |
| Investments in Unsecured Depreciation (Depreciation) on |  |  | $ | $ | $ |
| Investments in Unsecured Depreciation (Depreciation) on |  |  | $ | $ | $ |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |
| Investments in Unsecured Depreciation (Depreciation) on |  |  | $ | $ | $ |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |
| Investments in Unsecured Depreciation (Depreciation) on |  |  | $ | $ | $ |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |
| Investments in Unsecured Depreciation (Depreciation) on |  |  | $ | $ | $ |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |
| Investments in Unsecured Depreciation (Depreciation) on |  |  | $ | $ | $ |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

| Investments in Unsecured Depreciation (Depreciation) on | $ | $ | $ | $ | $ |
| --- | --- | --- | --- | --- | --- |

<table><tr><td>Investments in Unsecured Depre

# Statements of Assets and Liabilities

(unaudited) (continued)

October 31, 2022

| All other liabilities, when amended, were as follows: | 427,000 | 334,999 | 105,000 | 818,000 |
| --- | --- | --- | --- | --- |
| LIABILITIES |  |  |  |  |
| NET ASSETS CONSIST OF: |  |  | U.S. Transportation | Shares |
| Commercial and industrial equipment, including: | $878,048,705 | $3,187,396,400 | $3,523,447,000 | $1,254,000,000 |
| Commercial and industrial equipment, including: | 48,000,000 | 8,000,000 | 53,013,000 | 8,000,000 |
| Accumulated other assets (loss) | 656,534,725 | 346,400,712 | (266,745,422) | (322,100,000) |
| ASSETS: |  |  |  |  |
| Accumulated other assets, including: | $1,000,000,000 | $1,000,000,000 | $1,000,000,000 | $1,000,000,000 |
| Accumulated other assets, including: | 1,000,000,000 | 1,000,000,000 | 1,000,000,000 | 1,000,000,000 |
| Accumulated other assets, including: | 1,000,000,000 | 1,000,000,000 | 1,000,000,000 | 1,000,000,000 |
| Accumulated other assets, excluding: | 1,000,000,000 | 1,000,000,000 | 1,000,000,000 | 1,000,000,000 |
| NET ASSET VALUE: |  |  |  |  |
| Accumulated other assets, including: | 4,000,000,000 | 3,000,000,000 | 3,000,000,000 | 8,000,000,000 |
| Accumulated other assets, excluding: | 4,000,000,000 | 3,000,000,000 | 3,000,000,000 | 8,000,000,000 |
| Accumulated other assets, excluding: | 4,000,000,000 | 3,000,000,000 | 3,000,000,000 | 8,000,000,000 |
| LIABILITIES |  |  |  |  |

82

SHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

# Statements of Assets and Liabilities

(unaudited)

Six Months Ended October 31, 2022[{"box_2d": [20, 77, 956, 181], "label": "table", "caption": "

| Current assets | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $695,269,130 | $1,898,000,000 |
| Investments acquired | $23,988,144 | $2,398,000,000 |
| Investments acquired | $23,988,144 | $2,398,000,000 |
| Investments acquired | $23,988,144 | $2,398,000,000 |
| Investments acquired | $23,988,144 | $2,398,000,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,050,262 | $340,524 |
| Investments acquired | $1,050,262 | $340,524 |
| Investments acquired | $1,050,262 | $340,524 |
| Investments acquired | $1,050,262 | $1,398,814,000 |
| Investments acquired | $1,050,262 | $1,398,814,000 |
| Investments acquired | $1,050,262 | $1,398,814,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |
| Investments acquired | $1,021,115,000 | $1,693,638,000 |
| Investments acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |
| Investments acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |
| Investments acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |
| Investments acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |
| Investments acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |
| Investments acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |
| Investments acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |
| Investments acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |
| Investments acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |
| Investments acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |
| Investments acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

| Net assets acquired | Shares | Liabilities |
| --- | --- | --- |
| Net assets acquired | $1,021,115,000 | $1,693,638,000 |

<table><thead><tr><th>Net

# Statements of Operations

(unaudited) (continued)

Six Months Ended October 31, 2022

| Current assets acquired | (3,290) | (13,293) | 49,935,488 | 9,235,548 |
| --- | --- | --- | --- | --- |
| NET ASSETS CONSIST OF: | 11,390,000 | 8,000,000 | 48,750,000 | 9,000,000 |
| Net investment income | U.S. $2,000,000 | U.S. $2,000,000 | 30,516,000 | U.S. $2,000,000 |
| Revenues (losses and expenses) | $2,250,000 | $2,141,000 | $1,125,000 | $1,375,000 |
| Accumulated earnings (loss) | Discontinued EIT | Discontinued EIT | U.S. $2,000,000 | Discontinued EIT |
| EBITDA | (231,807,764) | 287,837,375 | (155,607,866) | 37,000,000 |
| Net assets | (1,000,000) | (1,000,000) | (1,000,000) | (1,000,000) |
| Net assets (losses and other contracts) | $2,049,004,145 | $3,229,750,477 | $1,040,308,234 | $8,014,388,256 |
| INVESTMENT INCOME | 1,490,000 | 4,550,000 | 4,270,000 | 1,000,000 |
| Net assets | None | None | None | None |
| Total liabilities - unaffiliated | $1,492,000 | $4,550,000 | $4,270,000 | $1,000,000 |
| NET ASSET VALUE | 11,110,000 | 25,221,000 | 25,221,000 | 11,000,000 |
| Securities (losses and other) | $47,100,000 | $1,700,000 | $1,700,000 | $1,700,000 |
| Securities (losses and other) | $47,100,000 | $1,700,000 | $1,700,000 | $1,700,000 |
| Net investments, at cost - unaffiliated | $890,259,975 | $1,678,205,183 | $1,603,311,353 | $1,572,931,571 |
| Securities lending income - affiliated - net | 172,166 | 41,593 | 99,081 | 88,524 |

84

SHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

# Statements of Operations

(unaudited) (continued)

Six Months Ended October 31, 2022

| REALIZED AND UNREALIZED GAIN (LOSS) | $ | 17,817,584 | $ | 11,287,951 | $ | 16,402,116 | $ | 60,888,000 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NET ASSETS (COSTS OF) |  |  |  |  |  |  |  |  |
| Net assets acquired |  | 3,000,000 |  | 20,000,000 |  | 1,100,000 |  | 1,100,000 |
| Net assets acquired |  | U.S. Financials, ETC. |  | U.S. Healthcare, ETC. |  | U.S. Insurance, ETC. |  | U.S. Healthcare, ETC. |
| Net assets acquired |  | (13,945) |  | (70,760) |  | (225,000) |  | (43,462,000) |
| Net assets acquired |  |  |  |  |  |  |  |  |
| EXPENSES |  | (514,913) |  | (857,023) |  | 775,000,000 |  | 985,000,000 |
| INVESTMENT INCOME |  |  |  |  |  |  |  |  |
| Investments acquired |  | $2,000,000 |  | $2,000,000 |  | $2,000,000 |  | $2,000,000 |
| Investments acquired |  | $2,000,000 |  | $2,000,000 |  | $2,000,000 |  | $2,000,000 |
| Net assets acquired |  | $2,000,000 |  | $2,000,000 |  | $2,000,000 |  | $2,000,000 |
| NET ASSETS (COSTS OF) |  |  |  |  |  |  |  |  |
| Net assets acquired |  | $2,000,000 |  | $2,000,000 |  | $2,000,000 |  | $2,000,000 |
| Net assets acquired |  | $2,000,000 |  | $2,000,000 |  | $2,000,000 |  | $2,000,000 |
| Net assets acquired |  | $2,000,000 |  | $2,000,000 |  |  |  |  |
| Net assets acquired |  | $2,000,000 |  | $2,000,000 |  |  |  |  |
| Net assets acquired |  | $2,000,000 |  | $2,000,000 |  |  |  |  |
| Net assets acquired |  | $2,000,000 |  | $2,000,000 |  |  |  |  |

FINANCIAL STATEMENTS

2022

85

# Statements of Operations

(unaudited) (continued)

Six Months Ended October 31, 2022

| REALIZED AND UNREALIZED GAIN (LOSS) | (122,246,440) | (389,848,064) | $(257,658,000) | $(121,890,240) |
| --- | --- | --- | --- | --- |
| Pre- and post- and other instruments | 23,301,418 | 23,301,418 | U.S. Transfers | 23,301,418 |
| Par and other instruments - affiliated | (23,301,418) | (9,808,848) | (16,621,084) | U.S. Transfers |
| Par instruments - affiliated | (121,918,748) | (388,967,476) | (256,783,856) | (121,840,014) |
| EXPLANATION | (108,621,024) | (334,853,950) | $(248,766,976) | $(108,620,024) |
| Non-examined instruments | 3,006,176 | 32,678,636 | $(211,282,216) | $(3,444,587) |
| Total instruments - not affiliated | 3,006,176 | 32,678,636 | $(211,282,216) | $(3,444,587) |
| Net instruments - not affiliated | $(94,099,420) | $(306,230,721) | $(225,401,050) | $(174,221,050) |
| Net instruments - not affiliated | 19,274,390 | 17,363,101 | $50,960,976 | $15,708,208 |
| Interest - unaffiliated | (30,451,908) | 22,442,094 | 596,779,042 | 29,011,394 |
| Net charges in un846,000 and other (depreciation) on: |  |  | 101,554 | 5,643 |

86

SHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

# Statements of Operations

| REALIZED AND UNREALIZED GAIN (LOSS) | iShares | iShares |
| --- | --- | --- |
| Investments - unamortized | (48,878,105) (78,870,405) | (48,878,105) (78,870,405) (78,870,405) (78,870,405) (78,870,405) (78,870,405) (78,870,405) (78,870,405) |
| Subordinated and unamortized | (5,928) (1,906) | (5,928) (1,906) |
| Subordinated and unamortized | (77,880,048) (11,934,340) | (77,880,048) (11,934,340) |
| Subordinated and unamortized | (6,483) (21,640) | (6,483) (21,640) |
| Futures contracts | Enca 1,445 | Enca 1,445 |
| Investments - affiliated | (74,445) (5,791) | (74,445) (5,791) |
| EXPENSES | 10,000,000 (2,000) | 10,000,000 (2,000) |
| Futures contracts | (1,000,000) | (1,000,000) |
| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| Total expenses | (1,000,000) | (1,000,000) |
| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| Total expenses | (1,000,000) | (1,000,000) |
| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| Net interest and unamortized operations | (1,000,000) |  |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |
| Net interest and unamortized operations | (1,000,000) | (1,000,000) |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |
| Net interest and unamortized operations | (1,000,000) | (1,000,000) |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table></table>

| Net interest and unamortized operations | (1,000,000) | (1,000,000) |
| --- | --- | --- |

</table>[{"box_2d": [19, 172, 958, 192], "label": "text", "caption":table, the following table is the same number of items, including the following items, including the following items, including the following items, including the following items, including the following items, including the following items, including the following items, including the following items, including the following items, including the following items, including the following items, including the following items, including the following items, including the following items, including the following items, including the following items, including the following items, including the following items, including the following items, including the following items, including the"}]

Net interest and unamortized operations (depreciation) on: 1,000,000, 1,000,000, 1,000,000, 1,000,000, 1,000,000, 1,000,000, 1,000,000, 1,000,000, 1,000,000, 1,000,000, 1,000,000

Net interest and unamortized operations (depreciation) on: 1,000,000, 1,000,000, 1,000,000, 1,000,000, 1,000,000, 1,000,000, 1,000,000

Net interest and unamortized operations (depreciation) on: 1,000,000, 1,000,000, 1,000,000, 1,000,000, 1,000,000, 1,000,000

Net interest and unamortized operations (depreciation) on: 1,000,000, 1,000,000, 1,000,000, 1,000,000, 1,000,000

Net interest and unamortized operations (depreciation) on: 1,000,000, 1,000,000, 1,000,000, 1,000,000, 1,000,000

Net interest and unamortized operations (depreciation) on: 1,000,000, 1,000,000, 1,000,000, 1,000,000, 1,000,000

Net interest and unamortized operations (depreciation) on: 1,000,000, 1,000,000, 1,000,000, 1,000,000

Net interest and unamortized operations (depreciation) on: 1,000,000, 1,000,000, 1,000,000, 1,000,000

Net interest and unamortized operations (depreciation) on: 1,000,000, 1,000,000, 1,000,000, 1,000,000

Net interest and unamortized operations (depreciation) on: 1,000,000, 1,000,000, 1,000,000, 1,000,000

Net interest and unamortized operations (depreciation) on: 1,000,000, 1,000,000, 1,000,000, 1,000,000

Net interest and unamortized operations (depreciation) on: 1,000,000, 1,000,000, 1,000,000, 1,000,000

Net interest and unamortized operations (depreciation) on: 1,000,000, 1,000,000, 1,000,000, 1,000,000

Net interest and unamortized operations (depreciation) on: 1,000,000, 1,000,000, 1,000,000, 1,000,000

Net interest and unamortized operations (depreciation) on: 1,000,000, 1,000,000, 1,000,000, 1,000,000

Net interest and unamortized operations (depreciation) on: 1,000,000, 1,000,000, 1,000,000, 1,000,000

Net interest and unamortized operations (depreciation) on: 1,000,000, 1,000,000, 1,000,000, 1,000,000

Net interest and unamortized operations (depreciation) on: 1,000,000, 1,000,000, 1,000,000, 1,000,000

Net interest and unamortized operations (depreciation) on: 1,000,000, 1,000,000, 1,000,000, 1,000,000

Net interest and unamortized operations (depreciation) on: 1,000,000, 1,000,000, 1,000,000, 1,000,000[{"box, [19, [19, 612, 958, 633, 633, 644, 655, 666, 677, 688, 699, 710, 721, 732, 743, 754, 765, 776, 787, 798, 809, 820, 831, 842, 853, 864, 875, 886, 897, 908, 919, 930, 941, 952, 963, 974, 985, 996, 1007, 1018, 1029, 1040, 1051, 1062, 1073, 1084, 1095, 1106, 1117, 1128, 1139, 1150, 1161, 1172, 1183, 1194, 1205, 1216, 1227, 1238, 1249, 1260, 1271, 1282, 1293, 1304, 1315, 1326, 1337, 1348, 1359, 1370, 1381, 1392, 1403, 1414, 1425, 1436, 1447, 1458, 1469, 1480, 1491, 1502, 1513, 1524, 1535, 1546, 1557, 1568, 1579, 1580, 1591, 1602, 1613, 1624, 1635, 1646, 1657, 1668, 1679, 1680, 1691, 1702, 1713, 1724, 1735, 1746, 1757, 1768, 1779, 1780, 1791, 1802, 1813, 1824, 1835, 1846, 1857, 1868, 1879, 1890, 1901, 1912, 1923, 1934, 1945, 1956, 1957, 1958, 1969, 1980, 1991, 1992, 1993, 1994, 1995, 1996, 1997, 1998, 1999, 2000, 2001, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2040, 2051, 2062, 2073, 2084, 2095, 2106, 2117, 2128, 2139, 2150, 2161, 2172, 2183, 2194, 2205, 2216, 2227, 2238, 2249, 2260, 2271, 2282, 2293, 2304, 2315, 2326, 2337, 2348, 2359, 2370, 2381, 2392, 2403, 2414, 2425, 2436, 2447, 2458, 2469, 2480, 2491, 2502, 2513, 2524, 2535, 2546, 2557, 2568, 2579, 2580, 2591, 2602, 2613, 2624, 2635, 2646, 2657, 2668, 2679, 2680, 2691, 2702, 2713, 2724, 2735, 2746, 2757, 2768, 2779, 2780, 2791, 2802, 2813, 2824, 2835, 2846, 2857, 2868, 2879, 2890, 2901, 2912, 2923, 2934, 2945, 2956, 2957, 2958, 2969, 2980, 2991, 2002, 2003, 2004, 2005, 2006, 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2040, 2051, 2062, 2073, 2084, 2095, 2106, 2117, 2128, 2139, 2150, 2161, 2172, 2183, 2194, 2205, 2216, 2227, 2238, 2249, 2260, 2271, 2282, 2293, 2304, 2315, 2326, 2337, 2348, 2359, 2370, 2381, 2392, 2403, 2414, 2425, 2436, 2447, 2458, 2469, 2480, 2491, 2502, 2513, 2524, 2535, 2546, 2557, 2568, 2579, 2580, 2591, 2602, 2613, 2624, 2635, 2646, 2657, 2668, 2679, 2680, 2691, 2702, 2713, 2724, 2735, 2746, 2757, 2768, 2779, 2780, 2791, 2802, 2813, 2824, 2835, 2846, 2857, 2868, 2879, 2890, 2901, 2912, 2923, 2934, 2945, 2956, 2957, 2958, 2969, 2980, 2991, 2002

# Statements of Changes in Net Assets

(continued)

## OPERATIONS AND UNREALIZED GAIN (LOSS)

| Net assets acquired (non-accrued) (losses) | $(25,000,000) | $(39,529,900) | $(80,196,485) | $(1,213,147,685) |
| --- | --- | --- | --- | --- |
| Net interest in the current year | $1,000,000 | $1,000,000 | $25,000,000 | $1,000,000 |
| Investments - unattributed | 16,753,427 | 73,031,487 | 57,618,000 | 199,133,000 |
| Net interest in the current year | 1,000,000 | 1,000,000 | 25,000,000 | 1,000,000 |
| Net interest in the current year | (121,975,000) | (135,465,657) | (388,961,000) | (328,578,000) |
| Net interest in the current year | (84,000,000) | (42,000,000) | (30,000,000) | (1,213,147,685) |
| Net interest in the current year | (1,000,000) | (1,000,000) | (25,000,000) | (1,000,000) |
| Net interest in the current year | (unaudited) | (1,000,000) | (25,000,000) | (1,000,000) |
| DISTRIBUTIONS TO SHAREHOLDERS |  |  |  |  |
| Net assets acquired (non-accrued) (losses) - resulting from operations | $(398,613) | $42,791,679 | $(48,991,434) | $(1,067,451,001) |
| Investments - unattributed | (10,372,284) | (18,957,187) | (23,885,665) | (39,133,562) |
| Investments - unaffiliated |  |  | (86,643,119) | (85,914,474) |

88

SHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

# Statements of Changes in Net Assets

(continued)

| OPERATIONS | iShares |  | iShares |  |
| --- | --- | --- | --- | --- |
|  |  |  | (15,168) | (173) |
| CAPITAL SHARE TRANSACTIONS |  |  |  |  |
| Net investment income | $ U.S. Consumer Discretionary | $818,098 | $1,307,400 | $1,178,000 |
| Net interest in capital and related from capital share transactions | 30,075,941 | 6,199,868 | 225,000,000 | 225,000,000 |
| Shareholders' equity | 70,000,000 | 334,495,226 | (63,000,000) | (63,000,000) |
| Net change in unrealized appreciation (depreciation) | (256,783,000) | (555,738,306) | (121,649,000) | (92,530,036) |
| Net realized and unrealized loss | (1,000,000) | (1,000,000) | (1,000,000) | (1,000,000) |
| Net increase (decrease) in net assets resulting from operations | (223,497,000) | (178,266,000) | (174,204,000) | (20,000,000) |
| NET DECREASE IN NET ASSETS RESULTING FROM OPERATIONS | (1,000,000) | (1,000,000) | $(1,000,000) | $(1,000,000) |
| DISTRIBUTIONS TO SHAREHOLDERS(A) | 1,559,426,251 | 1,613,580,430 | 3,613,714,403 | 3,109,465,386 |
| INCREASE (DECREASE) IN NET ASSETS |  |  |  |  |
| Decrease in net assets resulting from distributions to shareholders | $1,489,656,495 | $1,549,476,397 | $3,533,845,309 | $3,413,993,809 |
| In the event of the Notes to Financial Statements |  |  |  |  |

STATEMENTS OF CHANGES IN NET ASSETS

2022

89

# Statements of Changes in Net Assets

(continued)

## OPERATIONS

### CAPITAL SHARE TRANSACTIONS

|  | iShares |  | iShares |  |
| --- | --- | --- | --- | --- |
| Net assets (decrease) in net assets | $2,193,875 | Energy ETF 5,281,075 | $1,168,530 | Financial Services 15,447,986 |
| Net assets (decrease) in net assets derived from capital share transactions | (150,409,688) | 876,459,468 | (128,442,688) | 319,409,298 |
| Net change in unrealized appreciation (depreciation) | (44,535,644) | (549,426,537) | (78,305,688) | (28,423,614) |
| Net increase in unrealized assets resulting from operations | (72,700,000) | (168,945,000) | (37,000,000) | 1,000,000 |
| Total net assets | (unaudited) | 04/30/22 | (unaudited) | 04/30/22 |
| Total increase (decrease) in net assets | (405,943,987) | 604,715,276 | (290,883,384) | 346,842,636 |
| DISTRIBUTIONS TO SHAREHOLDERS (A) | 3,662,646,233 | 3,057,930,957 | 1,126,326,139 | 779,483,503 |
| INCREASE (DECREASE) IN NET ASSETS | (2,342,601) | (5,634,523) | (10,011,963) | (13,054,118) |
| Decrease in net assets resulting from distributions to shareholders | $3,256,702,248 | $3,662,646,233 | $835,442,755 | $1,126,326,139 |
| End of period |  |  |  |  |

90

iSHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

# Statements of Changes in Net Assets

(continued)

OPERATIONS

CAPITAL SHARE TRANSACTIONS

|  | iShares |  | iShares |  |
| --- | --- | --- | --- | --- |
| Net assets | $50,734,814 | Financials ETF 89,420,483 | $14,437,548 | Healthcare ETF 35,975,249 |
| Net assets (decrease in net assets) determined in accordance with U.S. federal income tax regulations | (56,400,000) | (582,850,423) | (25,000,000) | 345,000,528 |
| Net change in unrealized appreciation (depreciation) | (144,507,000) | 1,040,590,620 | (93,954,000) | (394,690,665) |
| Net increase (decrease) in net assets resulting from operations | 503,000,000 | 1,177,000,000 | (50,000,000) | (2,000,000) |
| Net assets (decrease) in net assets | (unaudited) | 04/30/22 | (unaudited) | 04/30/22 |
| Total increase (decrease) in net assets | (161,596,749) | (726,800,052) | 561,945,953 | 443,406,237 |
| DISTRIBUTIONS TO SHAREHOLDERS (A) | 856,865,879 | 1,583,665,931 | 1,134,954,329 | 691,548,092 |
| INCREASE (DECREASE) IN NET ASSETS | (47,532,504) | (82,816,427) | (15,675,971) | (34,305,475) |
| Decrease in net assets resulting from distributions to shareholders | $695,269,130 | $856,865,879 | $1,696,900,282 | $1,134,954,329 |
| End of period |  |  |  |  |

STATEMENTS OF CHANGES IN NET ASSETS

2022

91

# Statements of Changes in Net Assets

(continued)

OPERATIONS

CAPITAL SHARE TRANSACTIONS

|  | iShares |  | iShares |  |
| --- | --- | --- | --- | --- |
| Net assets (in thousands) | $19,274,500 | Industrials ETF 34,107,926 | $17,383,500 | Technology ETF 29,784,855 |
| Net assets (in thousands) | (1,509,000) | 270,522,233 | (1,509,000) | 246,524,708 |
| Net change in unrealized appreciation (depreciation) | (23,273,000) | (411,469,851) | (39,099,000) | (175,109,337) |
| Net increase (decrease) in net assets resulting from operations | (30,000) | (106,417,000) | 42,000,000 | 105,417,000 |
| Total net assets (in thousands) | (unaudited) | 04/30/22 | (unaudited) | 04/30/22 |
| Total increase (decrease) in net assets | (1,196,063,717) | 1,450,322,207 | (599,399,043) | 393,706,367 |
| DISTRIBUTIONS TO SHAREHOLDERS (A) | 3,552,780,964 | 2,102,458,757 | 2,029,031,311 | 1,635,324,944 |
| INCREASE (DECREASE) IN NET ASSETS | (17,509,691) | (33,353,578) | (18,085,226) | (39,723,391) |
| Decrease in net assets resulting from distributions to shareholders | $2,356,717,247 | $3,552,780,964 | $1,429,632,268 | $2,029,031,311 |
| End of period |  |  |  |  |

92

iSHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

# Statements of Changes in Net Assets

(continued)

OPERATIONS

CAPITAL SHARE TRANSACTIONS

|  | iShares |  | iShares |  |
| --- | --- | --- | --- | --- |
| Net assets | $6,145,496 | Transportation ETF | $15,708,284 | Utilities ETF |
| Net assets (decrease) in net assets | (23,048,498) | (213,082,158) | 175,072,468 | 1,197,915,008 |
| Net change in unrealized appreciation (depreciation) | (80,054,688) | (409,382,465) | (1,212,903,099) | (2,050,780,033) |
| Net increase in net assets resulting from operations | (48,574,359) | (164,957,977) | (1,007,941,363) | (353,916,899) |
| Total increase (decrease) in net assets | (unaudited) | 04/30/22 | (unaudited) | 04/30/22 |
| DISTRIBUTIONS TO SHAREHOLDERS (A) | (50,944,708) | (253,253,441) | 402,978,055 | 261,743,524 |
| INCREASE (DECREASE) IN NET ASSETS | 2,099,948,853 | 2,353,202,294 | 2,826,782,422 | 2,565,038,898 |
| Decrease in net assets resulting from distributions to shareholders | (6,338,736) | (13,540,960) | (14,975,936) | (75,450,503) |
| End of period | $2,049,004,145 | $2,099,948,853 | $3,229,760,477 | $2,826,782,422 |

STATEMENTS OF CHANGES IN NET ASSETS

2022

93

# Statements of Changes in Net Assets

(For a share outstanding throughout each period)

OPERATIONS

CAPITAL SHARE TRANSACTIONS

|  | Six Months | $ | 6,175,458 | $ | 13,777,334 | $ | 11,982,309 | $ | 20,046,136 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Net change in unrealized appreciation (depreciation) | 10/31/22 | Year Ended | (86,500,000) | Year Ended | (518,900,000) | Year Ended | (86,000,000) | Year Ended | (48,900,000) |
| Net change in unrealized appreciation (depreciation) | (unaudited) | 04/30/22 | (127,424,865) | 04/30/21 (a) | (170,806,483) | 04/30/20 (a) | (48,956,918) | 04/30/19 (a) | 71,391,393 |

| Net increase (decrease) in net assets resulting from operations | $101.28 | $105.12 | (288,791,176) | 71.50 | $448,868,659 | 3.44 | $675,964,486 | $81,178,273 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| DISTRIBUTIONS TO SHAREHOLDERS (a) | 0.72 | 1.23 | 1,249,091,890 | 1.19 | 1,697,960,546 | 1.28 | 7,338,433,566 | 7,257,255,128 |
| Decrease in net assets resulting from distributions to shareholders | (8.72) | (3.68) | (5,724,724) | 1,040,300,714 | 33.68 | $1,249,091,890 | 11,361,780 | 20,886,531 |
| Cash and cash equivalents (loss) |  |  |  |  |  |  | $8,014,398,055 | $7,338,433,566 |

94

SHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

# Financial Highlights

(continued)

(For a share outstanding throughout each period)

| Net increase (decrease) from investment | iShares MSCI KLD 400 Social ETF |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- |
| CAPITAL SHARE TRANSACTIONS | Six Months | (2.64) | 34.87 | (0.47) | 8.43 | 7.61 |
| Net distributions for annual periods determined in a capital on which the financial income tax regulations were included in the financial statements |  |  |  |  |  |  |
| Distributions from net investment income (a) | 16/01/22 | Year Ended | Year Ended | Year Ended | 75,152,451 | 98,397,603 |
| See notes to financial statements |  |  |  |  |  |  |
| Net asset value, end of period | $(unaudited) | $04/30/22 | $04/30/21 (b) | $04/30/20 (b) | $04/30/19 (b) | $04/30/18 (b) |
| Total increase (decrease) in net assets | $78.64 | $80.24 | $65.03 | $74.88 | $74.88 | $68.25 |
| Total net assets, beginning of period |  |  |  |  |  |  |
| Beginning of period |  |  | 1,178,276,013 | 2,144,306,133 | 14,833,734 | 148,898,462 |
| Based on net asset value (a) | (5.9%) | (2.6%) | 49.1% | (0.6%) | 970,990,222 | 822,091,793 |
| End of period |  |  |  |  | 12.6% | 12.6% |
| Net realized and unrealized gain (loss) (a) | (6.92) | (1.81) | 275,306,516 | 25.19 | 1,178,276,013 | 970,990,222 |
|  |  |  |  |  | 9.14 | 9.82 |

FINANCIAL HIGHLIGHTS

2022

95

# Financial Highlights

(continued)

(For a share outstanding throughout each period)

|  | iShares MSCI USA ESG Select ETF |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- |
| Net increase (decrease) from investment | Six Months | (0.69) | 26.05 | 1.04 | 6.65 | 5.69 |
| Ratios to Average Net Assets (1) |  |  |  |  |  |  |
| Equity securities | 0.20% | 0.20% | 0.20% | 0.20% | 0.20% | 0.20% |
| Total assets for annual periods determined in accordance with the federal income tax regulations. |  |  |  |  |  |  |
| Net investment income | 10/31/2019 | Year 1/31/2020 | Year 1/31/2021 | Year 1/31/2022 | Year 1/31/2023 | Year 1/31/2024 |
| See notes to financial statements | (unaudited) | 04/30/22 | 04/30/21 (2) | 04/30/20 (2) | 04/30/19 (2) | 04/30/18 (2) |
| Net asset value and of period | $71.75 | $78.64 | $80.24 | $55.03 | $54.88 | $49.07 |
| Supplemental Data |  |  |  |  |  |  |
| Unrealized value (decrease) of period | $1,485,000 | $1,559,000 | $1,613,000 | $1,158,000 | $1,241,000 | $1,126,000 |
| Total Return |  |  |  |  |  |  |
| Net investment income (1) | 0.0% | 1.0% | 1.0% | 1.0% | 0.0% | 0.0% |
| Based on net asset value | (8.74%) | (0.95%) | 47.0% | 1.3% | 13.7% | 12.9% |
| Net realized and unrealized gain (loss) (1) | (6.09) | (3.54) | 30.38 | 0.65 | 5.62 | 5.50 |

96

iSHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

# Financial Highlights

(continued)

(For a share outstanding throughout each period)

| Net increase (decrease) from investment | iShares U.S. Basic Materials ETF |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- |
| Balance at December 31, 2020 | Six 1,000,000 | (2.45) | 31.41 | 1.65 | 6.60 | 6.34 |
| Total share amounts (loss) at two-for-one stock split effective after the close of trading on December 4, 2020. | End 2020 | 0.25% | 0.25% | 0.25% | 0.28% | 0.50% |
| Total exchange shares outstanding: | End 2020 | 0.25% | 0.25% | 0.25% | 0.28% | 0.50% |
| Depreciation from the current income | 10,000,000 | Year Ended | Year Ended | Year Ended | Year Ended | Year Ended |
| Net amount reported for a share outstanding may not account for the change in accounting gains and losses and liabilities for the financial year due to the interest of the capital share transition. | 10,000,000 | Year Ended | Year Ended | Year Ended | Year Ended | Year Ended |
| Net asset value, end of period | $1,000,000 | 68.56% | $92.11% | $61.68% | $61.08% | $55.42% |
| Net asset value, end of period | $1,000,000 | 68.56% | $92.11% | $61.68% | $61.08% | $55.42% |
| Distributions for annual periods determined in accordance with U.S. federal income tax regulations. |  |  |  |  |  |  |
| Net asset value, beginning of period | $140.79 | $131.01 | $81.27 | $94.03 | $97.37 | $89.37 |
| Net investment income | 1.47 | 2.16 | 1.78 | 1.65 | 1.63 | 1.39 |
| Net investment income (000) | $3,533,000 | $3,611,777 | $3,108,000 | $1,793,000 | $1,415,000 | $1,035,000 |
| Net realized and unrealized gain (loss) | (22.22) | 9.70 | 49.62 | (12.42) | (3.49) | 8.16 |

FINANCIAL HIGHLIGHTS

2022

97

# Financial Highlights

(continued)

(For a share outstanding throughout each period)

|  | Six Months | 11.86 | 51.40 | (10.77) | 13% | 11% |
| --- | --- | --- | --- | --- | --- | --- |
| Net Assets (Net Assets) |  |  |  |  |  |  |
| Ratios (1) |  |  |  |  |  |  |
| Ratios (2) |  |  |  |  |  |  |
| Ratios (3) |  |  |  |  |  |  |
| Ratios (4) |  |  |  |  |  |  |
| Ratios (5) |  |  |  |  |  |  |
| Ratios (6) |  |  |  |  |  |  |
| Ratios (7) |  |  |  |  |  |  |
| Ratios (8) |  |  |  |  |  |  |
| Ratios (9) |  |  |  |  |  |  |
| Ratios (10) |  |  |  |  |  |  |
| Ratios (11) |  |  |  |  |  |  |
| Ratios (12) |  |  |  |  |  |  |
| Ratios (13) |  |  |  |  |  |  |
| Ratios (14) |  |  |  |  |  |  |
| Ratios (15) |  |  |  |  |  |  |
| Ratios (16) |  |  |  |  |  |  |
| Ratios (17) |  |  |  |  |  |  |
| Ratios (18) |  |  |  |  |  |  |
| Ratios (19) |  |  |  |  |  |  |
| Ratios (20) |  |  |  |  |  |  |
| Ratios (21) |  |  |  |  |  |  |
| Ratios (22) |  |  |  |  |  |  |
| Ratios (23) |  |  |  |  |  |  |
| Ratios (24) |  |  |  |  |  |  |
| Ratios (25) |  |  |  |  |  |  |
| Ratios (26) |  |  |  |  |  |  |
| Ratios (27) |  |  |  |  |  |  |
| Ratios (28) |  |  |  |  |  |  |
| Ratios (29) |  |  |  |  |  |  |
| Ratios (30) |  |  |  |  |  |  |

98

SHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

# Financial Highlights

(continued)

(For a share outstanding throughout each period)

| Restructuring (revised) from investment | 9% | 19% | Shares U.S. Consumer Staples ETF | 13% | 21% | 13% |
| --- | --- | --- | --- | --- | --- | --- |
| Balance at December 31, 2018 | (1,000) | (1,000) | 27.26 | (2.59) | 8.34 | 5.48 |
| Total expenses | (1,000) | 0.39% | 0.41% | 0.43% | 0.42% | 0.43% |
| For share amounts reflect a two-for-one stock split effective after the close of trading on December 4, 2020 | (1,000) | Year Ended | Year Ended | Year Ended | Year Ended | Year Ended |
| Net financial earnings | (1,000) | (1,000) | (1,000) | (1,000) | (1,000) | (1,000) |
| Based on average shares outstanding | (unaudited) | 04/30/22 | 04/30/21 | 04/30/20 | 04/30/19 | 04/30/18 |
| Net asset value and other items | $ | $ | $ | $ | $ | $ |
| Net assets at the beginning of the year | $ | $ | $ | $ | $ | $ |
| Net assets at the beginning of period | $ | $ | $ | $ | $ | $ |
| Net assets at the beginning of period | $ | $ | $ | $ | $ | $ |
| Net assets at the beginning of period | $ | $ | $ | $ | $ | $ |
| Net assets at the beginning of period | $ | $ | $ | $ | $ | $ |
| Net assets at the beginning of period | $ | $ | $ |  |  |  |

FINANCIAL HIGHLIGHTS

2022

99

# Financial Highlights

(continued)

(For a share outstanding throughout each period)

Net income (decrease) from investment

|  | Shares U.S. Energy ETF |  |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Balance at December 31, 2014 | 65.01 | (1.06) | 12.28 | (2.74) |  |
| Balance at December 31, 2015 | 0.41% | 0.43% | 0.42% | 0.43% |  |
| Balance at December 31, 2016 | 0.39% | 0.41% | 0.43% | 0.42% |  |
| Balance at December 31, 2017 | 0.39% | 0.41% | 0.43% | 0.42% |  |
| Balance at December 31, 2018 | 0.39% | 0.41% | 0.43% | 0.42% |  |
| Balance at December 31, 2019 | 0.39% | 0.41% | 0.43% | 0.42% |  |
| Balance at December 31, 2020 | 0.39% | 0.41% | 0.43% | 0.42% |  |
| Balance at December 31, 2021 | 0.39% | 0.41% | 0.43% | 0.42% |  |
| Balance at December 31, 2022 | 0.39% | 0.41% | 0.43% | 0.42% |  |
| Balance at December 31, 2023 | 0.39% | 0.41% | 0.43% | 0.42% |  |
| Balance at December 31, 2024 | 0.39% | 0.41% | 0.43% | 0.42% |  |
| Balance at December 31, 2025 | 0.39% | 0.41% | 0.43% | 0.42% |  |
| Balance at December 31, 2026 | 0.39% | 0.41% | 0.43% | 0.42% |  |
| Balance at December 31, 2027 | 0.39% | 0.41% | 0.43% | 0.42% |  |
| Balance at December 31, 2028 | 0.39% | 0.41% | 0.43% | 0.42% |  |
| Balance at December 31, 2029 | 0.39% | 0.41% | 0.43% | 0.42% |  |

100

SHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

# Financial Highlights

(continued)

(For a share outstanding throughout each period)

| Net Income/(decrease) from investment |  | iShares U.S. Financial Services ETF |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Redemption Average Net Assets |  | Six Months | 14.63 | 7.16 | (13.79) | (3.54) | 4.32 |
| The share amounts reflect a four-for-one stock split effective after the close of trading on December 4, 2020. |  |  |  |  |  |  |  |
| Total expenses |  |  |  | 0.41% | 0.43% | 0.42% | 0.43% |
| Based on average shares outstanding |  |  |  |  |  |  |  |
| The amounts reported for a share outstanding may not exceed the change in accounting gains and losses liabilities for the final period due to the time period capital share transition. |  |  |  |  |  |  |  |
| Net assets at end of period market values of the Fund's underlying securities |  |  | 39.92 | $26.40 | $20.06 | $35.96 | $40.47 |
| Supplemental Data |  |  |  |  |  |  |  |
| Net assets at end of period determined in accordance with U.S. federal income tax regulations. |  |  |  |  |  |  |  |
| Net assets at end of period determined in accordance with U.S. federal income tax regulations. |  |  |  |  |  |  |  |
| Net investment income |  |  |  |  |  |  |  |
| Net investment income |  |  |  |  |  |  |  |
| Net realized and unrealized gain (loss) |  |  |  |  |  |  |  |

FINANCIAL HIGHLIGHTS

2022

101

# Financial Highlights

(continued)

(For a share outstanding throughout each period)

| Net Assets (in thousands) from an amount indirectly as a result of investments in underlying funds. |  | iShares U.S. Financials ETF |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- |
| Redemption Average Net Assets (1) | Six Months | (17.15) | 69.72 | (18.11) | 7.29 | 24.29 |
| Net Assets on average shares outstanding | 0.49% | 0.39% | 0.41% | 0.42% | 0.42% | 0.43% |
| Net Assets on average shares outstanding | 0.49% | 0.39% | 0.41% | 0.42% | 0.42% | 0.43% |
| (1) The amounts reported for a share outstanding may not accompany the change in economic gains and losses or securities for the fiscal period due to the timing of capital share transactions | 1/2/2016 | 1/2/2016 | 1/2/2016 | 1/2/2016 | 1/2/2016 | 1/2/2016 |
| (2) The amounts reported for a share outstanding may not accompany the change in economic gains and losses or securities for the fiscal period due to the timing of capital share transactions | 1/2/2016 | 1/2/2016 | 1/2/2016 | 1/2/2016 | 1/2/2016 | 1/2/2016 |
| (3) The amounts reported for a share outstanding may not accompany the change in economic gains and losses or securities for the fiscal period due to the timing of capital share transactions | 1/2/2016 | 1/2/2016 | 1/2/2016 | 1/2/2016 | 1/2/2016 | 1/2/2016 |
| (4) The amounts reported for a share outstanding may not accompany the change in economic gains and losses or securities for the fiscal period due to the timing of capital share transactions | 1/2/2016 | 1/2/2016 | 1/2/2016 | 1/2/2016 | 1/2/2016 | 1/2/2016 |
| (5) The amounts reported for a share outstanding may not accompany the change in economic gains and losses or securities for the fiscal period due to the timing of capital share transactions | 1/2/2016 | 1/2/2016 | 1/2/2016 | 1/2/2016 | 1/2/2016 | 1/2/2016 |
| (6) The amounts reported for a share outstanding may not accompany the change in economic gains and losses or securities for the fiscal period due to the timing of capital share transactions | 1/2/2016 | 1/2/2016 | 1/2/2016 | 1/2/2016 | 1/2/2016 | 1/2/2016 |
| (7) The amounts reported for a share outstanding may not accompany the change in economic gains and losses or securities for the fiscal period due to the timing of capital share transactions | 1/2/2016 | 1/2/2016 | 1/2/2016 | 1/2/2016 | 1/2/2016 | 1/2/2016 |
| (8) The amounts reported for a share outstanding may not accompany the change in economic gains and losses or securities for the fiscal period due to the timing of capital share transactions | 1/2/2016 | 1/2/2016 | 1/2/2016 | 1/2/2016 | 1/2/2016 | 1/2/2016 |

102

iSHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

# Financial Highlights

(continued)

(For a share outstanding throughout each period)

| Net Income/(decrease) from investment |  | iShares U.S. Healthcare ETF |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- |
| Reduction/Decrease/Net Assets | Six Months | (3.18) | 27.85 | (8.38) | 5.20 | 7.86 |
| In the period of average shares outstanding. | 0.00% | 0.39% | 0.41% | 0.42% | 0.42% | 0.43% |
| Total expenses | 0.00% | 0.39% | 0.41% | 0.42% | 0.42% | 0.43% |
| In the amounts reported for a share outstanding may not accord with the change in aggregate gains and losses in securities for the fiscal period due to the timing of capital share transactions | 0.00% | 0.39% | 0.41% | 0.42% | 0.42% | 0.43% |
| In relation to the fluctuating market values of the Fund's underlying securities. | 0.00% | 0.39% | 0.41% | 0.42% | 0.42% | 0.43% |
| Net Asset Value/End of period | 0.00% | 0.39% | 0.41% | 0.42% | 0.42% | 0.43% |
| Net Asset Value/End of period | 0.00% | 0.39% | 0.41% | 0.42% | 0.42% | 0.43% |
| Supplemental Data |  |  |  |  |  |  |
| Net Asset Value/End of period | $1,429,632 | $2,029,031 | $1,635,325 | $865,186 | $1,435,523 | $1,643,760 |
| Net Investment Income | 1.57 | 2.89 | 2.65 | 2.49 | 2.26 | 1.99 |
| Net Investment Income | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Net Realized and unrealized gain | 2.38 | 10.00 | 50.00 | 24.35 | 15.00 | 15.31 |

FINANCIAL HIGHLIGHTS

2022

103

# Financial Highlights

(continued)

(For a share outstanding throughout each period)

|  | 4.55 | 12.89 | (Shares)/ | 26.87 | 17.76 | 17.30 |
| --- | --- | --- | --- | --- | --- | --- |
| Net amount from investment operations |  |  |  |  |  |  |
| Ratio to Average Net Assets in-kind transactions. | Six Months |  |  |  |  |  |
| Based on average shares outstanding | ($) | ($) | ($) | ($) | ($) | ($) |
| For the amount from net investment income | ($) | ($) | ($) | ($) | ($) | ($) |
| For amounts reported for a share outstanding may not accord with the change in aggregate gains and losses at securities for the fiscal period due to the timing of capital share transactions | ($) | ($) | ($) | ($) | ($) | ($) |
| Net interest in stock of the stock | ($) | ($) | ($) | ($) | ($) | ($) |
| Net interest in stock of the stock | ($) | ($) | ($) | ($) | ($) | ($) |
| Net interest in stock of the stock | ($) | ($) | ($) | ($) | ($) | ($) |
| Net interest in stock of the stock | ($) | ($) | ($) | ($) | ($) | ($) |
| Net interest in stock of the stock | ($) | ($) | ($) | ($) | ($) | ($) |
| Net interest in stock of the stock | ($) | ($) | ($) | ($) | ($) | ($) |
| Net interest in stock of the stock |  |  |  |  |  |  |
| Net interest in stock of the stock |  |  |  |  |  |  |
| Net interest in stock of the stock |  |  |  |  |  |  |
| Net interest in stock of the stock |  |  |  |  |  |  |

|  | 2,049,000 | 2,098,000 | 2,353,000 | 1,233,000 | 1,693,000 | 2,295,000 |
| --- | --- | --- | --- | --- | --- | --- |
| Net assets acquired | 2.2% | 2.2% | 2.2% | 1.2% | 1.2% | 1.2% |
| Net assets acquired | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% |
| Net assets acquired | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% |
| Net assets acquired | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% |
| Net assets acquired |  |  |  |  |  |  |
| Net assets acquired |  |  |  |  |  |  |
| Net assets acquired |  |  |  |  |  |  |

104

SHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

# Financial Highlights

(continued)

(For a share outstanding throughout each period)

Ratios and Range of Investment

|  | Six Months | Six Months | Six Months | Six Months | Six Months | Six Months |
| --- | --- | --- | --- | --- | --- | --- |
| Shares U.S. Technology ETF |  |  |  |  |  |  |
| Shares in the above rate excludes in-kind transactions. |  |  |  |  |  |  |
| Per share amounts reflect a two-for-one stock split effective after the close of trading on December 4, 2020. |  |  |  |  |  |  |
| Net investment income | 1.18% | 1.03% | 1.13% | 1.25% | 1.19% | 1.16% |
| Net investment income | 1,004,422 | Year Ended | Year Ended | Year Ended | Year Ended | Year Ended |
| Debt securities in share instruments |  |  |  |  |  |  |
| The amounts reported for a share outstanding may not account with the change in aggregate gains and losses in securities for the fiscal period due to the financial capital share transactions. |  |  |  |  |  |  |
| Supplemental Data | 97.59 | $110.26 | $68.98 | $79.12 | $70.80 |  |
| Net asset value, effect of period | 2,876,182 | $2,565,039 | $2,432,933 | $2,097,818 | $1,800,336 |  |
| Net asset value, beginning of period | 98.55 | 98.55 | 58.58 | 50.85 | 41.99 | 34.55 |
| Net investment income | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% | 0.2% |
| Net investment income | 0.15 | 0.25 | 0.37 | 0.48 | 0.42 | 0.37 |
| Based on net asset value | (2.98)% (2) | (10.75)% | 61.51% | (11.57)% | 13.34% | 11.97% |
| Net realized and unrealized gain (loss) (1) | (13.24) | (3.33) | 34.42 | 7.75 | 8.84 | 7.46 |

FINANCIAL HIGHLIGHTS

2022

105

# Financial Highlights

(continued)

(For a share outstanding throughout each period)[{"box_2d": [19, 81, 962, 186], "label": "table", "caption": "

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |
| Total income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |
| Total income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |
| Total income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |
| Total income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |
| Total income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |
| Total income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |
| Total income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |
| Total income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |
| Total income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |
| Total income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

| Net income (loss and/or loss) in the current and future financial year | Shares U.S. Transportation ETF | Shares U.S. Transportation ETF |  |  |  |
| --- | --- | --- | --- | --- | --- |
| Fixed income | Six Months | (3.08) | 34.79 | 8.23 | 9.24 |

<table

106

106

106[{"box_2d": [19, 873, 44, 885], "label": "header_footer", "captioncaptioncaptioncaptioncaption[Table 1] SHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS"}]

# Financial Highlights

(continued)

(For a share outstanding throughout each period)

| Net Increase (decrease) from Investment transactions |  | Shares U.S. Utilities ETF |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Balance at Average Net Assets |  | Stocks | (24.60) | 121.84 | (42.54) | 9.46 | 25.93 |
| The share amounts reflect a two-for-one stock split effective after the close of trading on December 4, 2020. |  |  |  | 0.41% | 0.43% | 0.42% | 0.43% |
| Report on financial statements |  |  |  |  |  |  |  |
| Report on average shares outstanding |  |  |  |  |  |  |  |
| The amounts reported for a share outstanding may not account with the change in aggregate gains and losses and liabilities for the fiscal period due to the financial capital share transactions. |  |  |  |  |  |  |  |
| Net interest value, with other market values of the Fund's underlying securities |  |  | 242.94 | $269.72 | $149.76 | $195.07 | $187.76 |
| Supplemental Data |  |  |  |  |  |  |  |
| Net assets of the financial period determined in accordance with U.S. federal income tax regulations. |  |  |  |  |  |  |  |
| Net assets of the financial period determined in accordance with U.S. federal income tax regulations. |  |  |  |  |  |  |  |
| Net investment income |  |  |  |  |  |  |  |
| Net investment income |  |  |  |  |  |  |  |
| Net realized and unrealized gain (loss) |  |  |  |  |  |  |  |

FINANCIAL HIGHLIGHTS

2022

107

# Financial Highlights

(unaudited)

Net income (loss and loss) from investment indirectly as a result of investments in underlying funds.

Financial Statements (in thousands) are registered under the Investment Company Act of 1940 as amended (the 1940 Act), as an open-end management investment company. The

The Company Act of 1940 is a general and is authorized to have its own or its own position in the United States and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United States and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

The Company Act of 1940 is a general and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom and is authorized to have its own position in the United Kingdom

108

SHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

Notes to Financial Statements

(unaudited) (continued)

# 1. ORGANIZATION

Dow Jones U.S.

vi. Excludes fees and expenses incurred indirectly as a result of investments in underlying funds.

The following table provides the information in English:

NOTES TO FINANCIAL STATEMENTS

2022

109

# Notes to Financial Statements

(unaudited) (continued)

# 3. INVESTMENT VALUATION AND FAIR VALUE MEASUREMENTS

formed a committee (the "Valuation Committee") to develop pricing policies and procedures and to oversee the pricing function for all financial instruments, with assistance
U.S. Financials ... Diversified
Financial assets are discussed in the Statements of Assets and Liabilities. ... Non-diversified
U.S. Financial ... Diversified
Funds are discussed in the Statements of Assets and Liabilities. ... Non-diversified
Funds are discussed in the Statements of Assets and Liabilities. ... Diversified
Funds are discussed in the Statements of Assets and Liabilities. ... Non-diversified
Funds are discussed in the Statements of Assets and Liabilities. ... Diversified
Funds are discussed in the Statements of Assets and Liabilities. ... Non-diversified
Funds are discussed in the Statements of Assets and Liabilities. ...
Funds are discussed in the Statements of Assets and Liabilities. ...
Funds are discussed in the Statements of Assets and Liabilities. ...
Funds are discussed in the Statements of Assets and Liabilities. ...
Funds are discussed in the Statements of Assets and Liabilities. ...
Funds are discussed in the Statements of Assets and Liabilities. ...
Funds are discussed in the Statements of Assets and Liabilities. ...
Funds are discussed in the Statements of Assets

110

SHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

# Notes to Financial Statements

(unaudited) (continued)

default. The securities on loan, if any, are also disclosed in each Fund's Schedule of Investments. The market value of any securities on loan and the value of any related

connection with loaned securities. Upon an event of default, the parties' obligations to return the securities or collateral to the other. Non-Cash Collateral, and the parties' obligations to return the securities or collateral to the other. Non-Cash Collateral, and the parties' obligations to return the securities or collateral to the other. Non-Cash Collateral, and the parties' obligations to return the securities or collateral to the other. Non-Cash Collateral, and the parties' obligations to return the securities or collateral to the other. Non-Cash Collateral, and the parties' obligations to return the securities or collateral to the other. Non-Cash Collateral, and the parties' obligations to return the securities or collateral to the other. Non-Cash Collateral, and the parties' obligations to return the securities or collateral

Investment Transactions and Income Recognition: For financial reporting purposes, see Note 1.0.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10.10

Goldman Sachs & Co. LLC 18,409 (18,409)

NOTES TO FINANCIAL STATEMENTS

2022

111

# Notes to Financial Statements

(unaudited) (continued)

the price for Fair Value Investments, the Valuation Committee seeks to determine the price that each Fund might reasonably expect to receive or pay from the current sale. The price for the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.

The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based on the ex-dividend date.[{"box_2d": [18, 175, 962, 175], "label": "text", "caption": "The value of the fair value investments is determined using the specific identification method. Dividing income and capital expenditures of any kind or purchase of that asset or liability in an arm's-length transaction, Fair value determinations shall be based upon all available factors that the Valuation Committee deems to be based on the ex-dividend date. Non-cash dividends, if any, are recorded on the ex-dividend date. Dividing income and foreign securities in the ex-dividend date may be based

# Notes to Financial Statements

(unaudited) (continued)

The Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share of the Company's share

![img-0.jpeg](img-0.jpeg)

![img-1.jpeg](img-1.jpeg)

![img-2.jpeg](img-2.jpeg)

NOTES TO FINANCIAL STATEMENTS

2022

113

# Notes to Financial Statements

(unaudited) (continued)

BNP Companies' assumptions used in determining the fair value of financial instruments. 3,017,456 (3,017,456) - - - - -

**Corporate Statement:** The Company's assumptions are based on the fair value of financial instruments. The Company's assumptions are based on the fair value of financial instruments. The Company's assumptions are based on the fair value of financial instruments. The Company's assumptions are based on the fair value of financial instruments. The Company's assumptions are based on the fair value of financial instruments. The Company's assumptions are based on the fair value of financial instruments. The Company's assumptions are based on the fair value of financial instruments. The Company's assumptions are based on the fair value of financial instruments.

114

SHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

# Notes to Financial Statements

(unaudited) (continued)

Futures contracts are exchange-traded agreements between the Funds and a counterparty to buy or sell a specific quantity of an underlying instrument at a specified price on the purchase or sale of the financial instruments and is not necessarily an indication of the sale associated with investing in those securities. The following is the following: (1) The Company's share of the financial instruments and its contents are available for sale. (2) The Company's share of the financial instruments and its contents are available for sale. (3) The Company's share of the financial instruments and its contents are available for sale. (4) The Company's share of the financial instruments and its contents are available for sale. (5) The Company's share of the financial instruments and its contents are available for sale. (6) The Company's share of the financial instruments and its contents are available for sale. (7) The Company's share of the financial instruments and its contents are available for sale. (8) The Company's share of the financial instruments and its contents are available for sale. (9) The Company's share of the financial instruments and its contents are available for sale. (10) The Company's share of the financial instruments and its contents are available for sale. (11) The Company's share of the financial instruments and its contents are available for sale. (12) The Company's share of the financial instruments and its contents are available for sale. (13) The Company's share of the financial instruments and its contents are available for sale. (14) The Company's share of the financial instruments and its contents are available for sale. (15) The Company's share of the financial instruments and its contents are available for sale. (16) The Company's share of the financial instruments and its contents are available for sale. (17) The Company's share of the financial instruments and its contents are available for sale. (18) The Company's share of the financial instruments and its contents are available for sale. (19) The Company's share of the financial instruments and its contents are available for sale. (20) The Company's share of the financial instruments and its contents are available for sale. (21) The Company's share of the financial instruments and its contents are available for sale. (22) The Company's share of the financial instruments and its contents are available for sale. (23) The Company's share of the financial instruments and its contents are available for sale. (24) The Company's share of the financial instruments and its contents are available for sale. (25) The Company's share of the financial instruments and its contents are available for sale. (26) The Company's share of the financial instruments and its contents are available for sale. (27) The Company's share of the financial instruments and its contents are available for sale. (28) The Company's share of the financial instruments and its contents are available for sale. (29) The Company's share of the financial instruments and its contents are available for sale. (30) The Company's share of the financial instruments and its contents are available for sale. (31) The Company's share of the financial instruments and its contents are available for sale. (32) The Company's share of the financial instruments and its contents are available for sale. (33) The Company's share of the financial instruments and its contents are available for sale. (34) The Company's share of the financial instruments and its contents are available for sale. (35) The Company's share of the financial instruments and its contents are available for sale. (36) The Company's share of the financial instruments and its contents are available for sale. (37) The Company's share of the financial instruments and its contents are available for sale. (38) The Company's share of the financial instruments and its contents are available for sale. (39) The Company's share of the financial instruments and its contents are available for sale. (40) The Company's share of the financial instruments and its contents are available for sale. (41) The Company's share of the financial instruments and its contents are available for sale. (42) The Company's share of the financial instruments and its contents are available for sale. (43) The Company's share of the financial instruments and its contents are available for sale. (44) The Company's share of the financial instruments and its contents are available for sale. (45) The Company's share of the financial instruments and its contents are available for sale. (46) The Company's share of the financial instruments and its contents are available for sale. (47) The Company's share of the financial instruments and its contents are available for sale. (48) The Company's share of the financial instruments and its contents are available for sale. (49) The Company's share of the financial instruments and its contents are available for sale. (50) The Company's share of the financial instruments and its contents are available for sale. (51) The Company's share of the financial instruments and its contents are available for sale. (52) The Company's share of the financial instruments and its contents are available for sale. (53) The Company's share of the financial instruments and its contents are available for sale. (54) The Company's share of the financial instruments and its contents are available for sale. (55) The Company's share of the financial instruments and its contents are available for sale. (56) The Company's share of the financial instruments and its contents are available for sale. (57) The Company's share of the financial instruments and its contents are available for sale. (58) The Company's share of the financial instruments and its contents are available for sale. (59) The Company's share of the financial instruments and its contents are available for sale. (60) The Company's share of the financial instruments and its contents are available for sale. (61) The Company's share of the financial instruments and its contents are available for sale. (62) The Company's share of the financial instruments and its contents are available for sale. (63) The Company's share of the financial instruments and its contents are available for sale. (64) The Company's share of the financial instruments and its contents are available for sale. (65) The Company's share of the financial instruments and its contents are available for sale. (66) The Company's share of the financial instruments and its contents are available for sale. (67) The Company's share of the financial instruments and its contents are available for sale. (68) The Company's share of the financial instruments and its contents are available for sale. (69) The Company's share of the financial instruments and its contents are available for sale. (70) The Company's share of the financial instruments and its contents are available for sale. (71) The Company's share of the financial instruments and its contents are available for sale. (72) The Company's share of the financial instruments and its contents are available for sale. (73) The Company's share of the financial instruments and its contents are available for sale. (74) The Company's share of the financial instruments and its contents are available for sale. (75) The Company's share of the financial instruments and its contents are available for sale. (76) The Company's share of the financial instruments and its contents are available for sale. (77) The Company's share of the financial instruments and its contents are available for sale. (78) The Company's share of the financial instruments and its contents are available for sale. (79) The Company's share of the financial instruments and its contents are available for sale. (80) The Company's share of the financial instruments and its contents are available for sale. (81) The Company's share of the financial instruments and its contents are available for sale. (82) The Company's share of the financial instruments and its contents are available for sale. (83) The Company's share of the financial instruments and its contents are available for sale. (84) The Company's share of the financial instruments and its contents are available for sale. (85) The Company's share of the financial instruments and its contents are available for sale. (86) The Company's share of the financial instruments and its contents are available for sale. (87) The Company's share of the financial instruments and its contents are available for sale. (88) The Company's share of the financial instruments and its contents are available for sale. (89) The Company's share of the financial instruments and its contents are available for sale. (90) The Company's share of the financial instruments and its contents are available for sale. (91) The Company's share of the financial instruments and its contents are available for sale. (92) The Company's share of the financial instruments and its contents are available for sale. (93) The Company's share of the financial instruments and its contents are available for sale. (94) The Company's share of the financial instruments and its contents are available for sale. (95) The Company's share of the financial instruments and its contents are available for sale. (96) The Company's share of the financial instruments and its contents are available for sale. (97) The Company's share of the financial instruments and its contents are available for sale. (98) The Company's share of the financial instruments and its contents are available for sale. (99) The Company's share of the financial instruments and its contents are available for sale. (100)

NOTES TO FINANCIAL STATEMENTS

2022

115

# Notes to Financial Statements

(unaudited) (continued)

In addition, commencing the business day following the date that the aggregate securities lending income plus the collateral investment fees generated across all 1940 Act[{"box_2d": [18, 67, 958, 172], "label": "table", "caption": "

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

| Quarter Ended December 31, | 2019 | 2018 | 2017 | 2016 |
| --- | --- | --- | --- | --- |
| Proposed financial statements | $1,000,000 | $1,000,000 | $1,000,000 | $1,000,000 |

<table><thead><tr><th>Quarter Ended December 31,</th><th>2019</th><th>2

# Notes to Financial Statements

(unaudited) (continued)

| In-kind transactions, ended October 31, 2022, in-kind transactions were as follows: | 17,781,978 | (17,781,978) | - | 34,000 |
| --- | --- | --- | --- | --- |
| In-kind transactions, as follows: | 9,825,732 | (9,825,732) | - | 24,000 |
| In-kind transactions, as follows: | 3,000,000 | (3,000,000) | - | - |
| In-kind transactions, as follows: | 2,150,000 | (2,150,000) | In-kind Purchases - | In-kind Purchases |
| In-kind transactions, as follows: | - | - | - | - |
| In-kind transactions, as follows: | - | - | - | - |
| In-kind transactions, as follows: | - | - | - | - |
| In-kind transactions, as follows: | - | - | - | - |
| In-kind transactions, as follows: | - | - | - | - |
| In-kind transactions, as follows: | - | - | - | - |

NOTES TO FINANCIAL STATEMENTS

2022

117

# Notes to Financial Statements

(unaudited) (continued)

As of October 31, 2022, gross unrealized appreciation and depreciation based on cost of investments (including short positions and derivatives, if any) for U.S. federal income[{"box_2d": [18, 64, 958, 172], "label": "table", "caption": "

| Description | 1,870,477 | (1,870,477) | Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

| Description | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |
| --- | --- | --- | --- |
| U.S. Treasury and other financial assets | 1,870,477 | (1,870,477) | ($)/Investment Advisory Fees |

<table><thead><tr><th>Description</th><th>1,870,477</th><th>(1,870,477)</th><th>($

# Notes to Financial Statements

(unaudited) (continued)

accounts. While clearing brokers are required to segregate customer margin from their own assets, in the event that a clearing broker becomes insolvent or goes into

Wells Fargo Securities LLC
2.648 (2.648) 2.648 (2.648)
The following table provides the information in the United States of America and the United Kingdom, which is responsible for any loss or damage to the securities mentioned in the Fund October 31, 2022. Additional comments are reported to the Fund for the next business day in accordance with the WELL-FREE Act of 1938. The following table provides the information in the United States of America and the United Kingdom, which is responsible for any loss or damage to the securities mentioned in the Fund October 31, 2022. Additional comments are reported to the Fund for the next business day in accordance with the WELL-FREE Act of 1938. The following table provides the information in the United States of America and the United Kingdom, which is responsible for any loss or damage to the securities mentioned in the Fund October 31, 2022. Additional comments are reported to the Fund for the next business day in accordance with the WELL-FREE Act of 1938. The following table provides the information in the United States

![img-0.jpeg](img-0.jpeg)

NOTES TO FINANCIAL STATEMENTS

2022

119

## Notes to Financial Statements

The Company is a member of the Company's business, and is a member of the Company's business, and is a member of the Company's business, and is a member of the Company's business, and is a member of the Company's business, and is a member of the Company's business, and is a member of the Company's business, and is a member of the Company's business, and is a member of the Company's business, and is a member of the Company's business, and is a member of the Company's business, and

120

SHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

# Board Review and Approval of Investment Advisory Contract

(continued)

## iShares Dow Jones U.S. ETF (the 'Fund')

In the event that the money market funds weekly liquidated, the company is not a member of the company's share of the company's share of the company's share of the company's share of the company's share of the company's share of the company's share of the company's share of the company's share of the company's share of the company's share of the company's share of the company's share of the company's share of the company's share of the company's share of the company's share of the company's share of the company's share of the company's share of the company's share

## PURCHASES AND SALES

The following table provides the information in a specific format:

|  | Six Months Ended 10/31/22 | Year Ended 04/30/22 |
| --- | --- | --- |
| iShares ETF | Shares | Amount |
|  |  | Shares |
|  |  | Amount |

BOARD REVIEW AND APPROVAL OF INVESTMENT ADVISORY CONTRACT

2022

121

# Board Review and Approval of Investment Advisory Contract

(continued)

the revenues to BTC, a BlackRock affiliate, from securities lending by the Fund. The Board also discussed BFA's estimated profit margin as reflected in the Fund's profitability. The Company's investment management, the duration of this pandemic and its effects on the development of the Fund's investment management, the duration of this pandemic and its effects on the development of the Fund's investment management, the duration of this pandemic and its effects on the development of the Fund's investment management, the duration of this pandemic and its effects on the development of the Fund's investment management, the duration of this pandemic and its effects on the development of the Fund's investment management, the duration of this pandemic and its effects on the development of the Fund's investment management, the duration of this pandemic

iShares ETF

Purchases

Sales

122

iSHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

# Board Review and Approval of Investment Advisory Contract

(continued)

provide. At a meeting held on June 13-15, 2022, the Board, including the Independent Board Members, reviewed the additional information provided by management in increases or decreases over short periods of time. If there is a general decline in the securities and other markets, the NAV of a fund may lose value, regardless of the level of investment in the securities. The Board's approval of investment advisory contract is subject to the approval of the Board's approval of investment advisory contract. The Board's approval of investment advisory contract is subject to the approval of the Board's approval of investment advisory contract.

BOARD REVIEW AND APPROVAL OF INVESTMENT ADVISORY CONTRACT

2022

123

# Board Review and Approval of Investment Advisory Contract

(continued)

impact the existence or size of scale benefits, with the Board recognizing that potential economies of scale are difficult to measure. The 15(c) Committee and the Board their value recorded in the Statements of Assets and Liabilities, less any collateral held by the Funds in the Peer Group, the statistical information provided in Broadridge's report may or may not provide meaningful direct-comparisons to the Fund in all instances. The

124

SHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

# Board Review and Approval of Investment Advisory Contract

(continued)

and its affiliates; and (vi) other benefits to BFA and/or its affiliates. The material factors, none of which was controlling, and conclusions that formed the basis for the Board,

and its affiliates and the adviser and its affiliates. In addition, the Board considered the relative complexity and inherent risks and challenges of managing and providing other

BOARD REVIEW AND APPROVAL OF INVESTMENT ADVISORY CONTRACT

2022

125

# Board Review and Approval of Investment Advisory Contract

(continued)

**Fees and Services Provided for Other Comparable Funds/Accounts Managed by BFA and its Affiliates:** The Board received and considered information regarding the securities (which was included in the profit margins reviewed by the Board pursuant to BFA's estimated profitability methodology), payment of advisory fees or other fees to the Company's subsidiaries, and the Company's subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries' subsidiaries

126

SHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

# Board Review and Approval of Investment Advisory Contract

(continued)

Board also noted that the investment advisory fee rate and overall expenses (net of waivers and reimbursements) for the Fund were within range of the median of the

the Advisory Agreement for the 2013-2014 period was not to be a result of the following: The Board of Directors' Board of Directors' Board of Directors' Board of Directors' Board of Directors' Board of Directors' Board of Directors' Board of Directors' Board of Directors' Board of Directors' Board of Directors' Board of Directors' Board of Directors' Board of Directors' Board of Directors' Board of Directors' Board of Directors' Board of Directors' Board of Directors' Board of Directors' Board of Directors' Board of Directors' Board of Directors' Board of Directors' Board of Directors' Board of Directors' Board

BOARD REVIEW AND APPROVAL OF INVESTMENT ADVISORY CONTRACT

2022

127

# Board Review and Approval of Investment Advisory Contract

(continued)

requirements and client-imposed mandates. The Board noted that BFA and its affiliates do not manage Other Accounts with substantially the same investment objective

The Board has been prepared to provide BFA and its affiliates (including those under the Advisory Agreement) and other sources of revenue and expense to BFA and its affiliates. The Board has been prepared to provide BFA and its affiliates (including those under the Advisory Agreement) and other sources of revenue and expense to BFA and its affiliates. The Board has been prepared to provide BFA and its affiliates (including those under the Advisory Agreement) and other sources of revenue and expense to BFA and its affiliates. The Board has been prepared to provide BFA and its affiliates (including those under the Advisory Agreement) and other sources of revenue and expense to BFA and its affiliates. The Board has been prepared to provide BFA and its affiliates (including those under the Advisory Agreement) and other sources of revenue and expense to BFA and its affiliates. The Board has been prepared to provide BFA and its affiliates (including those under the Advisory Agreement) and other sources of revenue and expense to BFA and its affiliates.

128

SHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

# Board Review and Approval of Investment Advisory Contract

(continued)

**Nature, Extent and Quality of Services Provided:** Based on management's representations, including information about recent enhancements and initiatives with respect to the Company's business, the Board will provide a comprehensive overview of the Company's business and its performance. The Board will provide a comprehensive overview of the Company's business and its performance. The Board will provide a comprehensive overview of the Company's business and its performance. The Board will provide a comprehensive overview of the Company's business and its performance. The Board will provide a comprehensive overview of the Company's business and its performance. The Board will provide a comprehensive overview of the Company's business and its performance. The Board will provide a comprehensive overview of the Company's business and its performance.

BOARD REVIEW AND APPROVAL OF INVESTMENT ADVISORY CONTRACT

2022

129

# Board Review and Approval of Investment Advisory Contract

(continued)

and BlackRock's profile in the investment community. The Board also noted the revenue received by BFA and/or its affiliates pursuant to an agreement that permits a service under Section 10(a) of the Investment Act of 1965 (the "1965 Act"), the Fund's Board of Directors (the "Board"), including a majority of Board Members who are not involved in the investment community. The Board's Board of Directors (the "Board"), including a majority of Board Members who are not involved in the investment community, and the Board's Board of Directors (the "Board"), including a majority of Board Members who are not involved in the investment community. The Board's Board of Directors (the "Board"), including a majority of Board Members who are not involved in the investment community, and the Board's Board of Directors (the "Board"), including a majority of Board Members who are not involved in the investment community. The Board's Board of Directors (the "Board"), including a majority of Board Members who are not involved in the investment community, and

130

ISHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

# Board Review and Approval of Investment Advisory Contract

(unaudited)

addition to the above considerations, the Board reviewed and considered detailed presentations regarding BFA's investment performance, investment and risk management

The Board's Board Review and Approval of Investment Advisory Contract is a comprehensive review of the Board's financial statements and recommendations regarding the Board's investment performance, investment and risk management. The Board's Board Review and Approval of Investment Advisory Contract is a comprehensive review of the Board's financial statements and recommendations regarding the Board's investment performance, investment and risk management. The Board's Board Review and Approval of Investment Advisory Contract is a comprehensive review of the Board's financial statements and recommendations regarding the Board's investment performance, investment and risk management. The Board's Board Review and Approval of Investment Advisory Contract is a comprehensive review of the Board's financial statements and recommendations regarding the Board's investment performance, investment and risk management.

BOARD REVIEW AND APPROVAL OF INVESTMENT ADVISORY CONTRACT

2022

131

Supplemental Information

# **Section 19(a) Notices**

The following table provides the information in a specific format:

132

SHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

General Information

# Electronic Delivery

The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document. The information contained in this document is for the purpose of the use of the information contained in this document.

GENERAL INFORMATION

2022

133

# Glossary of Terms Used in this Report

The Board of Directors and the Directors of the Company's Board of Directors are the Directors of the Company's Board of Directors. The Board of Directors and the Directors of the Company's Board of Directors are the Directors of the Company's Board of Directors. The Board of Directors and the Directors of the Company's Board of Directors are the Directors of the Company's Board of Directors. The Board of Directors and the Directors of the Company's Board of Directors are the Directors of the Company's Board of Directors. The Board of Directors and the Directors of the Company's Board of Directors are the Directors of the Company's Board of Directors.

ISHARES
by BlackRock

Go paperless...
It's Easy, Economical and Great!
Go to www.icsdelivery.com

134

ISHARES SEMI-ANNUAL REPORT TO SHAREHOLDERS

(b) Not Applicable

Item 2. **INDENT** Code of Ethics.
Not applicable to this semi-annual report.

Item 3. **INDENT** Audit Committee Financial Expert.
Not applicable to this semi-annual report.

Item 4. **INDENT** Principal Accountant Fees and Services.
Not applicable to this semi-annual report.

Item 5. **INDENT** The following is a list of the following items:

Item 6. **INDENT** Principal Accountant Fees and Services.
Not applicable to this semi-annual report.

Item 7. **INDENT** Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.
**INDENT** Not applicable to the registrant.

Item 8. **INDENT** Portfolio Managers of Closed-End Management Investment Companies.
**INDENT** Not applicable to the registrant.

Item 9. **INDENT** Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.
**INDENT** Not applicable to the registrant.

Item 10. **Submission of Matters to a Vote of Security Holders.**
**INDENT** There were no material changes to the procedures by which shareholders may recommend nominees to the registrant's Board of Trustees.

Item 11. **Controls and Procedures.**
(a)
**INDENT**
The President (the registrant's Principal Executive Officer) and Treasurer and Chief Financial Officer (the registrant's Principal Financial Officer) have concluded that the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) are effective as of a date within 90 days of the filing date of this report, based on their evaluation of these controls and procedures required by Rule 30a-3(b) under the Investment Company Act of 1940 and Rules 13a-15(b) or 15d-15(b) under the Exchange Act of 1934.

(b)
There were no changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) that occurred during the period covered by this report that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.

Item 12. **Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.**
**INDENT** Not applicable to the registrant.

Item 13. **Exhibits.**
(a) (1) Not applicable to this semi-annual report.
(a) (2) Section 302 Certifications are attached.

(a)
**INDENT**
(3) Any written solicitation to purchase securities under Rule 23c-1 - Not Applicable
**INDENT** (a) (4) Change in Registrant's independent public accountant - Not Applicable
(b) Section 906 Certifications are attached.

SIGNATURES **NEWLINE** **NEWLINE**

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

By: /s/ Armando Senra
Armando Senra, President (Principal Executive Officer)

Date: December 22, 2022

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By: /s/ Armando Senra
Armando Senra, President (Principal Executive Officer)

Date: December 22, 2022

By: /s/ Trent Walker
Trent Walker, Treasurer and Chief Financial Officer (Principal Financial Officer)

IS-SAR-401-1022

Date: December 22, 2022

ishares

Co-operative

the Advisory Agreement for the coming year as compared with the scope of services provided by BFA during prior years. In reviewing the scope of these services, the Board considered BFA's investment philosophy and experience, noting that BFA and its affiliates have committed significant resources over time, including during the past year, to **Other Benefits to BFA and/or its Affiliates**; The Board reviewed other benefits or ancillary revenue received by BFA and/or its affiliates in connection with the services support the iShares funds and their shareholders and have made significant investments into the iShares business. The Board also considered BFA's compliance program provided to the Fund by BFA, both direct and indirect, including, but not limited to, payment of revenue to BTC, the Fund's securities lending agent, for loaning portfolio and its compliance record with respect to the Fund. In that regard, the Board noted that BFA reports to the Board about portfolio management and compliance matters on securities (which was included in the profit margins reviewed by the Board pursuant to BFA's estimated profitability methodology), payment of advisory fees or other fees to a periodic basis in connection with regularly scheduled meetings of the Board, and on other occasions as necessary and appropriate, and has provided information and BFA (or its affiliates) in connection with any investments by the Fund in other funds for which BFA (or its affiliates) provides investment advisory services or other services, made relevant officers and other employees of BFA (and its affiliates) available as needed to provide further assistance with these matters. The Board also reviewed the and BlackRock's profile in the investment community. The Board also noted the revenue received by BFA and/or its affiliates pursuant to an agreement that permits a service background and experience of the persons responsible for the day-to-day management of the Fund, as well as the resources available to them in managing the Fund. In provider to use certain portions of BlackRock's technology platform to service accounts managed by BFA and/or its affiliates, including the iShares funds. The Board noted that BFA generally does not use soft dollars or consider the value of research or other services that may be provided to BFA (including its affiliates) in selecting brokers for

portfolio transactions for the Fund. The Board concluded that any such ancillary benefits would not be disadvantageous to the Fund and thus would not alter the Board's conclusion with respect to the appropriateness of approving the continuance of the Advisory Agreement for the coming year.

**Conclusion:** Based on a review of the factors described above, as well as such other factors as deemed appropriate by the Board, the Board, including all of the Independent Board Members, determined that the Fund's investment advisory fee rate under the Advisory Agreement does not constitute a fee that is so disproportionately large as to bear no reasonable relationship to the services rendered and that could not have been the product of arm's-length bargaining, and concluded to approve the continuance of the Advisory Agreement for the coming year.

**Want to know more?**

iShares.com \| 1-800-474-2737

This report is intended for the Funds' shareholders. It may not be distributed to prospective investors unless it is preceded or accompanied by the current prospectus.

Investing involves risk, including possible loss of principal.

The iShares Funds are distributed by BlackRock Investments, LLC (together with its affiliates, 'BlackRock').

The iShares Funds are not sponsored, endorsed, issued, sold or promoted by FTSE Russell, MSCI Inc., or S&P Dow Jones Indices LLC, nor do these companies make any representation regarding the advisability of investing in the iShares Funds.

BlackRock is not affiliated with the companies listed above.

©2022 BlackRock, Inc. All rights reserved. **iSHARES** and **BLACKROCK** are registered trademarks of BlackRock, Inc. or its subsidiaries. All other marks are the property of their respective owners.

## Ex-99.Cert

#### N-CSR Exhibit for Item 13(a)(2): SECTION 302 CERTIFICATIONS&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp; EX-99.CERT
I, Armando Senra, certify that:

1. I have reviewed this report on Form N-CSR of iShares Trust for the following fourteen series: iShares Dow Jones U.S. ETF, iShares MSCI KLD 400 Social ETF, iShares MSCI USA ESG Select ETF, iShares U.S. Basic Materials ETF, iShares U.S. Consumer Discretionary ETF, iShares U.S. Consumer Staples ETF, iShares U.S. Energy ETF, iShares U.S. Financial Services ETF, iShares U.S. Financials ETF, iShares U.S. Healthcare ETF, iShares U.S. Industrials ETF, iShares U.S. Technology ETF, iShares U.S. Transportation ETF and iShares U.S. Utilities ETF;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

(a) &nbsp;&nbsp;&nbsp;&nbsp; Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) &nbsp;&nbsp;&nbsp;&nbsp; Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a) &nbsp;&nbsp;&nbsp;&nbsp; All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp; <br> Date: | &nbsp;&nbsp; <br> December 22, 2022 | &nbsp;&nbsp; <br> /s/ Armando Senra | &nbsp;&nbsp; President<br> (Principal Executive Officer) |
|  |  | &nbsp;&nbsp; Armando Senra<br> [Signature] | &nbsp;&nbsp; [Title] |

---

**N-CSR Exhibit for Item 13(a)(2): SECTION 302 CERTIFICATIONS&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; EX-99.CERT**

I, Trent Walker, certify that:

1. I have reviewed this report on Form N-CSR of iShares Trust for the following fourteen series: iShares Dow Jones U.S. ETF, iShares MSCI KLD 400 Social ETF, iShares MSCI USA ESG Select ETF, iShares U.S. Basic Materials ETF, iShares U.S. Consumer Discretionary ETF, iShares U.S. Consumer Staples ETF, iShares U.S. Energy ETF, iShares U.S. Financial Services ETF, iShares U.S. Financials ETF, iShares U.S. Healthcare ETF, iShares U.S. Industrials ETF, iShares U.S. Technology ETF, iShares U.S. Transportation ETF and iShares U.S. Utilities ETF;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

(a) &nbsp;&nbsp;&nbsp;&nbsp; Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

(b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

(c) &nbsp;&nbsp;&nbsp;&nbsp; Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based on such evaluation; and

(d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

(a) &nbsp;&nbsp;&nbsp;&nbsp; All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

(b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp; <br> Date: | &nbsp;&nbsp; <br> December 22, 2022 | &nbsp;&nbsp; <br> /s/ Trent Walker | &nbsp;&nbsp; Treasurer and Chief Financial Officer (Principal Financial Officer) |
|  |  | &nbsp;&nbsp; Trent Walker<br> [Signature] | &nbsp;&nbsp; [Title] |

---

## Exhibit 99.906

**Ex.99.906 CERT**

**N-CSR Exhibit for Item 13(b): CERTIFICATION PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;** 

Armando Senra, President (Principal Executive Officer), and Trent Walker, Treasurer and Chief Financial Officer (Principal Financial Officer), of iShares Trust (the "Registrant"), each certify, to his knowledge, that:

1. The Registrant's periodic report on Form N-CSR for the period ended October 31, 2022 (the "Report") fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

2. The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Registrant.

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp; <br> Date: | &nbsp;&nbsp; <br> December 22, 2022 | &nbsp;&nbsp; <br> /s/ Armando Senra | &nbsp;&nbsp; President<br> (Principal Executive Officer) |
|  |  | &nbsp;&nbsp; Armando Senra<br> [Signature] | &nbsp;&nbsp; [Title] |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp; <br> Date: | &nbsp;&nbsp; <br> December 22, 2022 | &nbsp;&nbsp; <br> /s/ Trent Walker | &nbsp;&nbsp; Treasurer and Chief Financial Officer (Principal Financial Officer) |
|  |  | &nbsp;&nbsp; Trent Walker<br> [Signature] | &nbsp;&nbsp; [Title] |

---