# EDGAR Filing Document

**Accession Number:** 0000930667
**File Stem:** 0001752724-25-177779
**Filing Date:** 2025-7
**Character Count:** 53207
**Document Hash:** 44f8f6545f38d1ee35760935b76a36c2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-177779.hdr.sgml**: 20250725

**ACCESSION NUMBER**: 0001752724-25-177779

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250725

**DATE AS OF CHANGE**: 20250725

**PERIOD START**: 20250831

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09102
- **FILM NUMBER:** 251149346

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

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

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

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

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

## Series and Classes Contracts Data

### iShares MSCI Canada ETF (Series ID: S000004265)

| Class ID   | Class Name              | Ticker Symbol   |
|:---|:---|:---|
| C000011969 | iShares MSCI Canada ETF | EWC             |

## Nport-Ex

Schedule of Investments (unaudited)

May 31, 2025

**iShares® MSCI Canada ETF**

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

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

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Common Stocks** | **Common Stocks** | **Common Stocks** |
| **Aerospace & Defense — 0.3%** | **Aerospace & Defense — 0.3%** | **Aerospace & Defense — 0.3%** |
| CAE Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 391188 | $10070807 |
| **Automobile Components — 0.4%** | **Automobile Components — 0.4%** | **Automobile Components — 0.4%** |
| Magna International Inc. | &nbsp;&nbsp;&nbsp; 345464 | 12541273 |
| **Banks — 23.3%** | **Banks — 23.3%** | **Banks — 23.3%** |
| Bank of Montreal | &nbsp;&nbsp;&nbsp; 932004 | 100083382 |
| Bank of Nova Scotia (The) | &nbsp;&nbsp;&nbsp; 1603114 | 85777434 |
| Canadian Imperial Bank of Commerce | &nbsp;&nbsp;&nbsp; 1209969 | 82375053 |
| National Bank of Canada<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 503651 | 49570547 |
| Royal Bank of Canada | &nbsp;&nbsp;&nbsp; 1821247 | 230835941 |
| Toronto-Dominion Bank (The) | &nbsp;&nbsp;&nbsp; 2254606 | 155695712 |
|  |  | 704338069 |
| **Broadline Retail — 1.8%** | **Broadline Retail — 1.8%** | **Broadline Retail — 1.8%** |
| Canadian Tire Corp. Ltd., Class A, NVS | &nbsp;&nbsp;&nbsp; 66509 | 8451565 |
| Dollarama Inc. | &nbsp;&nbsp;&nbsp; 356584 | 45860805 |
|  |  | 54312370 |
| **Capital Markets — 4.9%** | **Capital Markets — 4.9%** | **Capital Markets — 4.9%** |
| Brookfield Asset Management Ltd., Class A | &nbsp;&nbsp;&nbsp; 526201 | 29604678 |
| Brookfield Corp., Class A | &nbsp;&nbsp;&nbsp; 1754164 | 101298865 |
| IGM Financial Inc. | &nbsp;&nbsp;&nbsp; 106131 | 3388056 |
| TMX Group Ltd. | &nbsp;&nbsp;&nbsp; 357546 | 14451908 |
|  |  | 148743507 |
| **Chemicals — 1.2%** | **Chemicals — 1.2%** | **Chemicals — 1.2%** |
| Nutrien Ltd. | &nbsp;&nbsp;&nbsp; 628853 | 37153351 |
| **Commercial Services & Supplies — 1.7%** | **Commercial Services & Supplies — 1.7%** | **Commercial Services & Supplies — 1.7%** |
| Element Fleet Management Corp. | &nbsp;&nbsp;&nbsp; 521014 | 12414586 |
| GFL Environmental Inc. | &nbsp;&nbsp;&nbsp; 271034 | 13698341 |
| RB Global Inc. | &nbsp;&nbsp;&nbsp; 237779 | 25052258 |
|  |  | 51165185 |
| **Construction & Engineering — 1.6%** | **Construction & Engineering — 1.6%** | **Construction & Engineering — 1.6%** |
| Stantec Inc. | &nbsp;&nbsp;&nbsp; 146742 | 15094960 |
| WSP Global Inc. | &nbsp;&nbsp;&nbsp; 168280 | 34482471 |
|  |  | 49577431 |
| **Consumer Staples Distribution & Retail — 4.2%** | **Consumer Staples Distribution & Retail — 4.2%** | **Consumer Staples Distribution & Retail — 4.2%** |
| Alimentation Couche-Tard Inc. | &nbsp;&nbsp;&nbsp; 976210 | 50611973 |
| Empire Co. Ltd., NVS | &nbsp;&nbsp;&nbsp; 165196 | 6376239 |
| George Weston Ltd. | &nbsp;&nbsp;&nbsp; 75078 | 15115715 |
| Loblaw Companies Ltd. | &nbsp;&nbsp;&nbsp; 193323 | 32615641 |
| Metro Inc./CN | &nbsp;&nbsp;&nbsp; 268332 | 20929251 |
|  |  | 125648819 |
| **Containers & Packaging — 0.4%** | **Containers & Packaging — 0.4%** | **Containers & Packaging — 0.4%** |
| CCL Industries Inc., Class B, NVS | &nbsp;&nbsp;&nbsp; 189320 | 11040390 |
| **Diversified Telecommunication Services — 0.6%** | **Diversified Telecommunication Services — 0.6%** | **Diversified Telecommunication Services — 0.6%** |
| BCE Inc. | &nbsp;&nbsp;&nbsp; 92968 | 2025535 |
| Quebecor Inc., Class B | &nbsp;&nbsp;&nbsp; 199002 | 5598767 |
| TELUS Corp. | &nbsp;&nbsp;&nbsp; 641301 | 10504934 |
|  |  | 18129236 |
| **Electric Utilities — 2.1%** | **Electric Utilities — 2.1%** | **Electric Utilities — 2.1%** |
| Emera Inc. | &nbsp;&nbsp;&nbsp; 381297 | 17479065 |
| Fortis Inc./Canada | &nbsp;&nbsp;&nbsp; 642748 | 31403252 |
| Hydro One Ltd.<sup>(c)</sup> | &nbsp;&nbsp;&nbsp; 424929 | 15645908 |
|  |  | 64528225 |
| **Electronic Equipment, Instruments & Components — 0.6%** | **Electronic Equipment, Instruments & Components — 0.6%** | **Electronic Equipment, Instruments & Components — 0.6%** |
| Celestica Inc., NVS<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 149929 | 17361982 |
| **Food Products — 0.2%** | **Food Products — 0.2%** | **Food Products — 0.2%** |
| Saputo Inc. | &nbsp;&nbsp;&nbsp; 323197 | 6226785 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Gas Utilities — 0.4%** | **Gas Utilities — 0.4%** | **Gas Utilities — 0.4%** |
| AltaGas Ltd. | &nbsp;&nbsp;&nbsp; 384387 | $10738804 |
| **Ground Transportation — 5.9%** | **Ground Transportation — 5.9%** | **Ground Transportation — 5.9%** |
| Canadian National Railway Co. | &nbsp;&nbsp;&nbsp; 687593 | 72279059 |
| Canadian Pacific Kansas City Ltd. | &nbsp;&nbsp;&nbsp; 1197365 | 97797677 |
| TFI International Inc. | &nbsp;&nbsp;&nbsp; 102346 | 8836651 |
|  |  | 178913387 |
| **Hotels, Restaurants & Leisure — 1.0%** | **Hotels, Restaurants & Leisure — 1.0%** | **Hotels, Restaurants & Leisure — 1.0%** |
| Restaurant Brands International Inc. | &nbsp;&nbsp;&nbsp; 400562 | 28598437 |
| **Independent Power and Renewable Electricity Producers — 0.2%** | **Independent Power and Renewable Electricity Producers — 0.2%** | **Independent Power and Renewable Electricity Producers — 0.2%** |
| Brookfield Renewable Corp. | &nbsp;&nbsp;&nbsp; 178431 | 5252751 |
| **Insurance — 8.8%** | **Insurance — 8.8%** | **Insurance — 8.8%** |
| Fairfax Financial Holdings Ltd. | &nbsp;&nbsp;&nbsp; 25435 | 43278143 |
| Great-West Lifeco Inc. | &nbsp;&nbsp;&nbsp; 358573 | 13610280 |
| iA Financial Corp. Inc. | &nbsp;&nbsp;&nbsp; 120004 | 12217699 |
| Intact Financial Corp. | &nbsp;&nbsp;&nbsp; 229543 | 52077249 |
| Manulife Financial Corp. | &nbsp;&nbsp;&nbsp; 2217962 | 70626982 |
| Power Corp. of Canada | &nbsp;&nbsp;&nbsp; 718744 | 27815422 |
| Sun Life Financial Inc. | &nbsp;&nbsp;&nbsp; 737364 | 47497342 |
|  |  | 267123117 |
| **IT Services — 6.5%** | **IT Services — 6.5%** | **IT Services — 6.5%** |
| CGI Inc. | &nbsp;&nbsp;&nbsp; 258956 | 27838218 |
| Shopify Inc., Class A<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1567394 | 167481077 |
|  |  | 195319295 |
| **Metals & Mining — 10.5%** | **Metals & Mining — 10.5%** | **Metals & Mining — 10.5%** |
| Agnico Eagle Mines Ltd. | &nbsp;&nbsp;&nbsp; 647193 | 76289876 |
| Alamos Gold Inc., Class A | &nbsp;&nbsp;&nbsp; 536399 | 13891223 |
| Barrick Mining Corp. | &nbsp;&nbsp;&nbsp; 2213767 | 42457352 |
| First Quantum Minerals Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 914829 | 13552282 |
| Franco-Nevada Corp. | &nbsp;&nbsp;&nbsp; 248028 | 41779891 |
| Ivanhoe Mines Ltd., Class A<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 954116 | 7390427 |
| Kinross Gold Corp. | &nbsp;&nbsp;&nbsp; 1589873 | 23471292 |
| Lundin Gold Inc. | &nbsp;&nbsp;&nbsp; 138180 | 6676661 |
| Lundin Mining Corp. | &nbsp;&nbsp;&nbsp; 892079 | 8443988 |
| Pan American Silver Corp. | &nbsp;&nbsp;&nbsp; 466071 | 11366923 |
| Teck Resources Ltd., Class B<sup>(b)</sup> | &nbsp;&nbsp;&nbsp; 605144 | 22426949 |
| Wheaton Precious Metals Corp. | &nbsp;&nbsp;&nbsp; 583930 | 50595778 |
|  |  | 318342642 |
| **Multi-Utilities — 0.2%** | **Multi-Utilities — 0.2%** | **Multi-Utilities — 0.2%** |
| Canadian Utilities Ltd., Class A, NVS | &nbsp;&nbsp;&nbsp; 173574 | 4854279 |
| **Oil, Gas & Consumable Fuels — 16.3%** | **Oil, Gas & Consumable Fuels — 16.3%** | **Oil, Gas & Consumable Fuels — 16.3%** |
| ARC Resources Ltd. | &nbsp;&nbsp;&nbsp; 754219 | 15762015 |
| Cameco Corp. | &nbsp;&nbsp;&nbsp; 560293 | 32800626 |
| Canadian Natural Resources Ltd. | &nbsp;&nbsp;&nbsp; 2702075 | 82045736 |
| Cenovus Energy Inc. | &nbsp;&nbsp;&nbsp; 1760436 | 23192832 |
| Enbridge Inc. | &nbsp;&nbsp;&nbsp; 2804775 | 130535927 |
| Imperial Oil Ltd. | &nbsp;&nbsp;&nbsp; 229313 | 16371981 |
| Keyera Corp. | &nbsp;&nbsp;&nbsp; 295411 | 9004293 |
| Pembina Pipeline Corp. | &nbsp;&nbsp;&nbsp; 748994 | 28069196 |
| Suncor Energy Inc. | &nbsp;&nbsp;&nbsp; 1592558 | 56618869 |
| TC Energy Corp. | &nbsp;&nbsp;&nbsp; 1337330 | 67765459 |
| Tourmaline Oil Corp. | &nbsp;&nbsp;&nbsp; 457802 | 20642539 |
| Whitecap Resources Inc. | &nbsp;&nbsp;&nbsp; 1589746 | 9916002 |
|  |  | 492725475 |
| **Paper & Forest Products — 0.2%** | **Paper & Forest Products — 0.2%** | **Paper & Forest Products — 0.2%** |
| West Fraser Timber Co. Ltd. | &nbsp;&nbsp;&nbsp; 70309 | 5179612 |
| **Professional Services — 1.3%** | **Professional Services — 1.3%** | **Professional Services — 1.3%** |
| Thomson Reuters Corp. | &nbsp;&nbsp;&nbsp; 202760 | 40284579 |

---

------

Schedule of Investments (unaudited)(continued)

May 31, 2025

**iShares® MSCI Canada ETF**

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

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Real Estate Management & Development — 0.3%** | **Real Estate Management & Development — 0.3%** | **Real Estate Management & Development — 0.3%** |
| FirstService Corp. | &nbsp;&nbsp;&nbsp; 52624 | $9224107 |
| **Software — 3.8%** | **Software — 3.8%** | **Software — 3.8%** |
| Constellation Software Inc./Canada | &nbsp;&nbsp;&nbsp; 25908 | 93935213 |
| Descartes Systems Group Inc. (The)<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 109996 | 12753717 |
| Open Text Corp. | &nbsp;&nbsp;&nbsp; 334253 | 9464839 |
|  |  | 116153769 |
| **Textiles, Apparel & Luxury Goods — 0.3%** | **Textiles, Apparel & Luxury Goods — 0.3%** | **Textiles, Apparel & Luxury Goods — 0.3%** |
| Gildan Activewear Inc. | &nbsp;&nbsp;&nbsp; 185544 | 8639386 |
| **Trading Companies & Distributors — 0.3%** | **Trading Companies & Distributors — 0.3%** | **Trading Companies & Distributors — 0.3%** |
| Toromont Industries Ltd. | &nbsp;&nbsp;&nbsp; 105044 | 9109401 |
| **Wireless Telecommunication Services — 0.4%** | **Wireless Telecommunication Services — 0.4%** | **Wireless Telecommunication Services — 0.4%** |
| Rogers Communications Inc., Class B, NVS | &nbsp;&nbsp;&nbsp; 465629 | 12499561 |
| **Total Common Stocks — 99.7%** <br>**(Cost: $2,886,568,321)** | **Total Common Stocks — 99.7%** <br>**(Cost: $2,886,568,321)** | 3013796032 |
| **Warrants** | **Warrants** | **Warrants** |
| **Software — 0.0%** | **Software — 0.0%** | **Software — 0.0%** |
| &nbsp;&nbsp;&nbsp; Constellation Software, Inc., (Issued 08/29/23, <br> 1 Share for 1 Warrant, Expires 03/31/40, Strike <br> Price CAD 11.50)<sup>(a)(d)</sup><br>| &nbsp;&nbsp;&nbsp; 34014 | 0 |
| **Total Warrants — 0.0%** <br>**(Cost: $—)** | **Total Warrants — 0.0%** <br>**(Cost: $—)** | 0 |
| **Total Long-Term Investments — 99.7%** <br>**(Cost: $2,886,568,321)** | **Total Long-Term Investments — 99.7%** <br>**(Cost: $2,886,568,321)** | 3013796032 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 2.0%** | **Money Market Funds — 2.0%** | **Money Market Funds — 2.0%** |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Institutional, SL Agency <br> Shares, 4.46%<sup>(e)(f)(g)</sup><br>| &nbsp;&nbsp;&nbsp; 57706642 | $57729725 |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL Agency Shares, <br> 4.30%<sup>(e)(f)</sup><br>| &nbsp;&nbsp;&nbsp; 2130000 | 2130000 |
| **Total Short-Term Securities — 2.0%** <br>**(Cost: $59,859,594)** | **Total Short-Term Securities — 2.0%** <br>**(Cost: $59,859,594)** | 59859725 |
| **Total Investments — 101.7%** <br>**(Cost: $2,946,427,915)** | **Total Investments — 101.7%** <br>**(Cost: $2,946,427,915)** | 3073655757 |
| **Liabilities in Excess of Other Assets — (1.7)%** | **Liabilities in Excess of Other Assets — (1.7)%** | (52526577)<br>|
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | $3021129180 |

---

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

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

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

<sup>(c)</sup> Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be resold in transactions exempt from registration to qualified institutional investors. 

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

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

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

<sup>(g)</sup> All or a portion of this security was purchased with the cash collateral from loaned securities. 

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Fund during the period ended May 31, 2025 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at* <br>*08/31/24*<br>| &nbsp;&nbsp; *Proceeds* <br>*from Sales*<br>| *Net Realized* <br>*Gain (Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*05/31/25*<br>| *Shares* <br>*Held at* <br>*05/31/25*<br>| *Income* | &nbsp;&nbsp; *Capital* <br>*Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Institutional, SL Agency <br> Shares<br>| $10497884<br> $47233281 <br><sup>(a)</sup><br>| $— | $924 | $(2364)<br>| $57729725 | 57706642 | $22907 <br><sup>(b)</sup><br>| $— |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL Agency <br> Shares<br>| &nbsp;&nbsp;&nbsp; 1190000<br> 940000 <br><sup>(a)</sup><br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp; 2130000 | 2130000 | &nbsp;&nbsp; 44024 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
|  |  |  | $924 | $(2364) | $59859725 |  | $66931 | $— |

---

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

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

<sup>(b)</sup> All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of collateral investment fees, and other payments to and from borrowers of securities. 

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

**Futures Contracts** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| *Description* | &nbsp;&nbsp; *Number of* <br>*Contracts*<br>| &nbsp;&nbsp; *Expiration* <br>*Date*<br>| *Notional* <br>*Amount* <br>*(000)*<br>| &nbsp;&nbsp; *Value/* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>|
| Long Contracts |  |  |  |  |
| &nbsp;&nbsp;&nbsp; S&P/TSX 60 Index | &nbsp;&nbsp;&nbsp; 32 | 06/19/25 | &nbsp;&nbsp; $7312 | $553362 |

---

------

Schedule of Investments (unaudited)(continued)

May 31, 2025

**iShares® MSCI Canada ETF**

**Fair Value Hierarchy as of Period End** 

Various inputs are used in determining the fair value of financial instruments at the measurement date. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:

• Level 1 – Unadjusted price quotations in active markets/exchanges that the Fund has the ability to access for identical assets or liabilities;

• Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 – Inputs that are unobservable and significant to the entire fair value measurement for the asset or liability (including the Valuation Committee's assumptions used in determining the fair value of financial instruments).

The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy. In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds that may not have a secondary market and/or may have a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund's policy regarding valuation of financial instruments, refer to its most recent financial statements.

The following table summarizes the Fund's financial instruments categorized in the fair value hierarchy. The breakdown of the Fund's financial instruments into major categories is disclosed in the Schedule of Investments above.

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Assets  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-Term Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common Stocks | &nbsp;&nbsp; $3013796032 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $3013796032 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Warrants | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Short-Term Securities  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Money Market Funds | &nbsp;&nbsp; 59859725 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 59859725 |
|  | &nbsp;&nbsp; $3073655757 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $3073655757 |
| Derivative Financial Instruments<sup>(a)</sup>  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Assets  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity Contracts | &nbsp;&nbsp; $553362 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $553362 |

---

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

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

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

---

| | |
|:---|:---|
| **Portfolio Abbreviation** | **Portfolio Abbreviation** |
| NVS | Non-Voting Shares |

---

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

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** SAN FRANCISCO

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94105

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

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

- **a. Name of Series:** iShares MSCI Canada ETF

- **b. EDGAR series identifier (if any):** S000004265

- **c. LEI of Series:** 549300DXCD53F4JK3H45

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $3138349103.24

**Total Liabilities:** $117172240.87

**Net Assets:** $3021176862.37

**Cash Not Reported:** $2980114.43

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000011969 | -1.52%               | 4.56%                | 5.74%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $18567486.62             | $-63226896.59                              |
| Month 2  | $10126244.89             | $109082191.96                              |
| Month 3  | $7154793.39              | $151716285.79                              |

### Schedule of Portfolio Investments

| Name                                           | Title                                                 | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Barrick Mining Corp                            | Barrick Mining Corp                                   | CUSIP: 06849F108<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | EC               | CORP              | CA        |   2234347 | NS      | $42852051.62  | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| National Bank of Canada                        | National Bank of Canada                               | CUSIP: 633067103<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | EC               | CORP              | CA        |    507744 | NS      | $49973390.23  | 1.65%             |  |  |  | No            |                  1 | On Loan: —       |
| Bank of Montreal                               | Bank of Montreal                                      | CUSIP: 063671101<br>LEI: NQQ6HPCNCCU6TUTQYE16 | Long             | EC               | CORP              | CA        |    941980 | NS      | $101154656.32 | 3.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Toromont Industries Ltd                        | Toromont Industries Ltd                               | CUSIP: 891102105<br>LEI: 5493008W5EPRSLQ0B737 | Long             | EC               | CORP              | CA        |    105044 | NS      | $9109400.98   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Corp                                | Brookfield Corp                                       | CUSIP: 11271J107<br>LEI: C6J3FGIWG6MBDGTE8F80 | Long             | EC               | CORP              | CA        |   1766763 | NS      | $102026427.48 | 3.38%             |  |  |  | No            |                  1 | On Loan: No      |
| ARC Resources Ltd                              | ARC Resources Ltd                                     | CUSIP: 00208D408<br>LEI: 5493000OCGNQZEVTDT08 | Long             | EC               | CORP              | CA        |    762210 | NS      | $15929014.32  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Tourmaline Oil Corp                            | Tourmaline Oil Corp                                   | CUSIP: 89156V106<br>LEI: 894500A5J1WTJ2WIUU03 | Long             | EC               | CORP              | CA        |    457802 | NS      | $20642538.54  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Software Inc/Canada              | Constellation Software Inc/Canada                     | CUSIP: 21037X100<br>LEI: 549300B6PYHMCTDWQV29 | Long             | EC               | CORP              | CA        |     25976 | NS      | $94181762.49  | 3.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Keyera Corp                                    | Keyera Corp                                           | CUSIP: 493271100<br>LEI: 254900LXI62FUHZGH122 | Long             | EC               | CORP              | CA        |    295411 | NS      | $9004293.46   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| TFI International Inc                          | TFI International Inc                                 | CUSIP: 87241L109<br>LEI: 5493007R9W7KO7SJN678 | Long             | EC               | CORP              | CA        |    103501 | NS      | $8936374.46   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Quebecor Inc                                   | Quebecor Inc                                          | CUSIP: 748193208<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    202603 | NS      | $5700077.84   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| TMX Group Ltd                                  | TMX Group Ltd                                         | CUSIP: 87262K105<br>LEI: 549300N65GFVKSHGJW59 | Long             | EC               | CORP              | CA        |    357546 | NS      | $14451908.49  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| West Fraser Timber Co Ltd                      | West Fraser Timber Co Ltd                             | CUSIP: 952845105<br>LEI: 5493005WD1ZK6WBVR988 | Long             | EC               | CORP              | CA        |     70309 | NS      | $5179611.54   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Toronto-Dominion Bank/The                      | Toronto-Dominion Bank/The                             | CUSIP: 891160509<br>LEI: PT3QB789TSUIDF371261 | Long             | EC               | CORP              | CA        |   2258677 | NS      | $155976842.12 | 5.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Imperial Bank of Commerce             | Canadian Imperial Bank of Commerce                    | CUSIP: 136069101<br>LEI: 2IGI19DL77OX0HC3ZE78 | Long             | EC               | CORP              | CA        |   1216976 | NS      | $82852091.43  | 2.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Nova Scotia/The                        | Bank of Nova Scotia/The                               | CUSIP: 064149107<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | EC               | CORP              | CA        |   1605906 | NS      | $85926824.48  | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Metro Inc/CN                                   | Metro Inc/CN                                          | CUSIP: 59162N109<br>LEI: 549300KQ7DCG4IXSNW78 | Long             | EC               | CORP              | CA        |    271970 | NS      | $21213006.01  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Pan American Silver Corp                       | Pan American Silver Corp                              | CUSIP: 697900108<br>LEI: 549300MKTF5851TYIB83 | Long             | EC               | CORP              | CA        |    466071 | NS      | $11366922.70  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Cenovus Energy Inc                             | Cenovus Energy Inc                                    | CUSIP: 15135U109<br>LEI: 549300F4XPHJ7NOSP309 | Long             | EC               | CORP              | CA        |   1768932 | NS      | $23304762.31  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Celestica Inc                                  | Celestica Inc                                         | CUSIP: 15101Q207<br>LEI: 549300J3CG5T6RZWLN53 | Long             | EC               | CORP              | CA        |    149929 | NS      | $17361982.50  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Enbridge Inc                                   | Enbridge Inc                                          | CUSIP: 29250N105<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | EC               | CORP              | CA        |   2810590 | NS      | $130806560.50 | 4.33%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION SOFTWARE INC                     | CONSTELLATION SOFTWARE INC                            | CUSIP: 000000000<br>LEI: 549300B6PYHMCTDWQV29 | N/A              | DE               |  | CA        |     34014 | NS      | $0.25         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Dollarama Inc                                  | Dollarama Inc                                         | CUSIP: 25675T107<br>LEI: 5493002GJ0NJP1HI0C79 | Long             | EC               | CORP              | CA        |    359061 | NS      | $46179375.89  | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Empire Co Ltd                                  | Empire Co Ltd                                         | CUSIP: 291843407<br>LEI: 549300TX0ZUSTEF7C719 | Long             | EC               | CORP              | CA        |    167817 | NS      | $6477404.81   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Tire Corp Ltd                         | Canadian Tire Corp Ltd                                | CUSIP: 136681202<br>LEI: 549300RLHDA7VQYMUB14 | Long             | EC               | CORP              | CA        |     67468 | NS      | $8573428.44   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Power Corp of Canada                           | Power Corp of Canada                                  | CUSIP: 739239101<br>LEI: 549300BE2CB8T87IJV50 | Long             | EC               | CORP              | CA        |    722140 | NS      | $27946846.94  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Funds III                            | BlackRock Cash Funds: Institutional, SL Agency Shares | CUSIP: 066922519<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |  57890602 | NS      | $57913758.44  | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Alimentation Couche-Tard Inc                   | Alimentation Couche-Tard Inc                          | CUSIP: 01626P148<br>LEI: 549300OSW32RVX8CCZ87 | Long             | EC               | CORP              | CA        |    979177 | NS      | $50765798.48  | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Teck Resources Ltd                             | Teck Resources Ltd                                    | CUSIP: 878742204<br>LEI: T8KI5SQ2JRWHL7XY0E11 | Long             | EC               | CORP              | CA        |    610493 | NS      | $22625185.98  | 0.75%             |  |  |  | No            |                  1 | On Loan: —       |
| Air Canada                                     | Air Canada                                            | CUSIP: 008911877<br>LEI: 4B4HI3CGXMBDC0G6BM51 | Long             | EC               | CORP              | CA        |    213861 | NS      | $2992043.72   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Suncor Energy Inc                              | Suncor Energy Inc                                     | CUSIP: 867224107<br>LEI: 549300W70ZOQDVLCHY06 | Long             | EC               | CORP              | CA        |   1622609 | NS      | $57687246.77  | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Utilities Ltd                         | Canadian Utilities Ltd                                | CUSIP: 136717832<br>LEI: LWV4QIQODEH3VBHUFX07 | Long             | EC               | CORP              | CA        |    173574 | NS      | $4854279.24   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Pembina Pipeline Corp                          | Pembina Pipeline Corp                                 | CUSIP: 706327103<br>LEI: 5493002W3L9YICM6FU21 | Long             | EC               | CORP              | CA        |    748994 | NS      | $28069196.21  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Lundin Mining Corp                             | Lundin Mining Corp                                    | CUSIP: 550372106<br>LEI: 549300FQDIM6C8HTN269 | Long             | EC               | CORP              | CA        |    950989 | NS      | $9001600.98   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| AltaGas Ltd                                    | AltaGas Ltd                                           | CUSIP: 021361100<br>LEI: 2549008X5V70MOS4HM10 | Long             | EC               | CORP              | CA        |    384387 | NS      | $10738803.93  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Great-West Lifeco Inc                          | Great-West Lifeco Inc                                 | CUSIP: 39138C106<br>LEI: 549300X81X4VZEESFU46 | Long             | EC               | CORP              | CA        |    361224 | NS      | $13710903.31  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Thomson Reuters Corp                           | Thomson Reuters Corp                                  | CUSIP: 884903808<br>LEI: 549300561UZND4C7B569 | Long             | EC               | CORP              | CA        |    203411 | NS      | $40413920.11  | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Shopify Inc                                    | Shopify Inc                                           | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | CA        |   1565128 | NS      | $167238947.73 | 5.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Bank of Canada                           | Royal Bank of Canada                                  | CUSIP: 780087102<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | EC               | CORP              | CA        |   1825274 | NS      | $231346347.19 | 7.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Magna International Inc                        | Magna International Inc                               | CUSIP: 559222401<br>LEI: 95RWVLFZX6VGDZNNTN43 | Long             | EC               | CORP              | CA        |    345464 | NS      | $12541273.35  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES | BlackRock Cash Funds: Treasury, SL Agency Shares      | CUSIP: 066922477<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |   2130000 | NS      | $2130000.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Emera Inc                                      | Emera Inc                                             | CUSIP: 290876101<br>LEI: NQZVQT2P5IUF2PGA1Q48 | Long             | EC               | CORP              | CA        |    381297 | NS      | $17479064.58  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Agnico Eagle Mines Ltd                         | Agnico Eagle Mines Ltd                                | CUSIP: 008474108<br>LEI: 254900BFJ2DOHPMEXN45 | Long             | EC               | CORP              | CA        |    647193 | NS      | $76289876.21  | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Nutrien Ltd                                    | Nutrien Ltd                                           | CUSIP: 67077M108<br>LEI: 5493002QQ7GD21OWF963 | Long             | EC               | CORP              | CA        |    634275 | NS      | $37473688.93  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Descartes Systems Group Inc/The                | Descartes Systems Group Inc/The                       | CUSIP: 249906108<br>LEI: 875500NEPA7JI5EOMN45 | Long             | EC               | CORP              | CA        |    109996 | NS      | $12753717.00  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| BCE Inc                                        | BCE Inc                                               | CUSIP: 05534B760<br>LEI: 5493001I9203PRB5KR45 | Long             | EC               | CORP              | CA        |     92968 | NS      | $2025535.18   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CAE Inc                                        | CAE Inc                                               | CUSIP: 124765108<br>LEI: 549300FFM2BEH2GF1E44 | Long             | EC               | CORP              | CA        |    409936 | NS      | $10553458.58  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookfield Asset Management Ltd                | Brookfield Asset Management Ltd                       | CUSIP: 113004105<br>LEI: 549300CZ84WPNJZKY093 | Long             | EC               | CORP              | CA        |    456781 | NS      | $25699027.95  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Natural Resources Ltd                 | Canadian Natural Resources Ltd                        | CUSIP: 136385101<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |   2722710 | NS      | $82672296.21  | 2.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Gildan Activewear Inc                          | Gildan Activewear Inc                                 | CUSIP: 375916103<br>LEI: 549300SB3IBI34M00Z45 | Long             | EC               | CORP              | CA        |    176442 | NS      | $8215574.60   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Hydro One Ltd                                  | Hydro One Ltd                                         | CUSIP: 448811208<br>LEI: 5493007QZDXTP1W2VL44 | Long             | EC               | CORP              | CA        |    424929 | NS      | $15645908.38  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| WSP Global Inc                                 | WSP Global Inc                                        | CUSIP: 92938W202<br>LEI: 549300IQ87LU6X6ERQ78 | Long             | EC               | CORP              | CA        |    168280 | NS      | $34482470.80  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Whitecap Resources Inc                         | Whitecap Resources Inc                                | CUSIP: 96467A200<br>LEI: 894500UA4G4BTB67II45 | Long             | EC               | CORP              | CA        |   1589746 | NS      | $9916002.30   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| George Weston Ltd                              | George Weston Ltd                                     | CUSIP: 961148509<br>LEI: 549300FAHC3L1QKNT280 | Long             | EC               | CORP              | CA        |     75780 | NS      | $15257051.04  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Fairfax Financial Holdings Ltd                 | Fairfax Financial Holdings Ltd                        | CUSIP: 303901102<br>LEI: GLS7OQD0WOEDI8YAP031 | Long             | EC               | CORP              | CA        |     25996 | NS      | $44232695.51  | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Ivanhoe Mines Ltd                              | Ivanhoe Mines Ltd                                     | CUSIP: 46579R104<br>LEI: 5299006XZISURYIA4G32 | Long             | EC               | CORP              | CA        |    954116 | NS      | $7390427.43   | 0.24%             |  |  |  | No            |                  1 | On Loan: —       |
| Brookfield Renewable Corp                      | Brookfield Renewable Corp                             | CUSIP: 11285B108<br>LEI: 894500N9AWD5I1YNP231 | Long             | EC               | CORP              | CA        |    178431 | NS      | $5252750.68   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Wheaton Precious Metals Corp                   | Wheaton Precious Metals Corp                          | CUSIP: 962879102<br>LEI: 549300XSFG5ZCGVYD886 | Long             | EC               | CORP              | CA        |    585725 | NS      | $50751309.61  | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinross Gold Corp                              | Kinross Gold Corp                                     | CUSIP: 496902404<br>LEI: 549300UEBMAQDN0K0R06 | Long             | EC               | CORP              | CA        |   1589873 | NS      | $23471291.57  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Intact Financial Corp                          | Intact Financial Corp                                 | CUSIP: 45823T106<br>LEI: 5493009LXGE7Y4U9OY43 | Long             | EC               | CORP              | CA        |    230271 | NS      | $52242413.27  | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Life Financial Inc                         | Sun Life Financial Inc                                | CUSIP: 866796105<br>LEI: 549300V040JZX5S66Z78 | Long             | EC               | CORP              | CA        |    743569 | NS      | $47897037.64  | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Cameco Corp                                    | Cameco Corp                                           | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |    562399 | NS      | $32923915.66  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| TC Energy Corp                                 | TC Energy Corp                                        | CUSIP: 87807B107<br>LEI: 549300UGKOFV2IWJJG27 | Long             | EC               | CORP              | CA        |   1339318 | NS      | $67866195.74  | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Open Text Corp                                 | Open Text Corp                                        | CUSIP: 683715106<br>LEI: 549300HP7ONDQODZJV16 | Long             | EC               | CORP              | CA        |    341538 | NS      | $9671123.75   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| TELUS Corp                                     | TELUS Corp                                            | CUSIP: 87971M103<br>LEI: L2TEUTQ8OSHMJWVLCE40 | Long             | EC               | CORP              | CA        |    641301 | NS      | $10504934.22  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstService Corp                              | FirstService Corp                                     | CUSIP: 33767E202<br>LEI: 5493000XUDIV75BCF118 | Long             | EC               | CORP              | CA        |     52624 | NS      | $9224106.97   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| RB Global Inc                                  | RB Global Inc                                         | CUSIP: 74935Q107<br>LEI: 5493002H8U24DJXQ4886 | Long             | EC               | CORP              | CA        |    237779 | NS      | $25052257.52  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| CGI Inc                                        | CGI Inc                                               | CUSIP: 12532H104<br>LEI: 549300WSRCZY73ZG3090 | Long             | EC               | CORP              | CA        |    261877 | NS      | $28152230.71  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Imperial Oil Ltd                               | Imperial Oil Ltd                                      | CUSIP: 453038408<br>LEI: 549300JZNB745JT5WY51 | Long             | EC               | CORP              | CA        |    229313 | NS      | $16371980.72  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Stantec Inc                                    | Stantec Inc                                           | CUSIP: 85472N109<br>LEI: 549300MZ7NGUZDCP2T16 | Long             | EC               | CORP              | CA        |    147705 | NS      | $15194021.10  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| The Montreal Exchange / Bourse De Montreal     | S+P/TSX 60 IX FUT JUN25                               | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DE               |  | CA        |        32 | NC      | $553440.21    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Onex Corp                                      | Onex Corp                                             | CUSIP: 68272K103<br>LEI: 894500LB8PNE5C7CEN88 | Long             | EC               | CORP              | CA        |     78207 | NS      | $5805331.80   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian National Railway Co                   | Canadian National Railway Co                          | CUSIP: 136375102<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | EC               | CORP              | CA        |    689729 | NS      | $72503592.77  | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| IGM Financial Inc                              | IGM Financial Inc                                     | CUSIP: 449586106<br>LEI: 254900RYHLVJNTUFDA95 | Long             | EC               | CORP              | CA        |    109204 | NS      | $3486156.77   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Restaurant Brands International Inc            | Restaurant Brands International Inc                   | CUSIP: 76131D103<br>LEI: 5299009RXTX9DN9AKJ98 | Long             | EC               | CORP              | CA        |    396947 | NS      | $28340341.06  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortis Inc/Canada                              | Fortis Inc/Canada                                     | CUSIP: 349553107<br>LEI: 549300MQYQ9Y065XPR71 | Long             | EC               | CORP              | CA        |    642748 | NS      | $31403252.38  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Manulife Financial Corp                        | Manulife Financial Corp                               | CUSIP: 56501R106<br>LEI: 5493007GBX87QOZACS27 | Long             | EC               | CORP              | CA        |   2230880 | NS      | $71038332.79  | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Franco-Nevada Corp                             | Franco-Nevada Corp                                    | CUSIP: 351858105<br>LEI: 98450064C1B5D3E94864 | Long             | EC               | CORP              | CA        |    248028 | NS      | $41779890.52  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Saputo Inc                                     | Saputo Inc                                            | CUSIP: 802912105<br>LEI: 549300HH4U1DPY0TBT90 | Long             | EC               | CORP              | CA        |    328665 | NS      | $6332132.91   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| CCL Industries Inc                             | CCL Industries Inc                                    | CUSIP: 124900309<br>LEI: 549300TD3EMSRRC0YH75 | Long             | EC               | CORP              | CA        |    191039 | NS      | $11140635.53  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Rogers Communications Inc                      | Rogers Communications Inc                             | CUSIP: 775109200<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | EC               | CORP              | CA        |    465629 | NS      | $12499560.87  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| iA Financial Corp Inc                          | iA Financial Corp Inc                                 | CUSIP: 45075E104<br>LEI: 549300ZXLJVHQAIXV215 | Long             | EC               | CORP              | CA        |    120974 | NS      | $12316455.19  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| GFL Environmental Inc                          | GFL Environmental Inc                                 | CUSIP: 36168Q104<br>LEI: 549300FYK4MBXWIVZU26 | Long             | EC               | CORP              | CA        |    294714 | NS      | $14895152.87  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Pacific Kansas City Ltd               | Canadian Pacific Kansas City Ltd                      | CUSIP: 13646K108<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |   1204454 | NS      | $98376688.79  | 3.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Element Fleet Management Corp                  | Element Fleet Management Corp                         | CUSIP: 286181201<br>LEI: 5493000PGBS1C22ELQ16 | Long             | EC               | CORP              | CA        |    521014 | NS      | $12414586.51  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| First Quantum Minerals Ltd                     | First Quantum Minerals Ltd                            | CUSIP: 335934105<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | EC               | CORP              | CA        |    914829 | NS      | $13552281.54  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Loblaw Cos Ltd                                 | Loblaw Cos Ltd                                        | CUSIP: 539481101<br>LEI: 5493008LN3O1DIDTSH67 | Long             | EC               | CORP              | CA        |    194349 | NS      | $32788737.55  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

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

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer