# EDGAR Filing Document

**Accession Number:** 0001100663
**File Stem:** 0001752724-25-177799
**Filing Date:** 2025-7
**Character Count:** 77621
**Document Hash:** 15739b568c5360f9751bccb90a727327
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-177799.hdr.sgml**: 20250725

**ACCESSION NUMBER**: 0001752724-25-177799

**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 TRUST
- **CENTRAL INDEX KEY:** 0001100663

**ORGANIZATION NAME:**
- **EIN:** 943351276
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09729
- **FILM NUMBER:** 251149379

**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 MSCI Japan Value ETF (Series ID: S000064903)

| Class ID   | Class Name                   | Ticker Symbol   |
|:---|:---|:---|
| C000210083 | iShares MSCI Japan Value ETF | EWJV            |

## Nport-Ex

Schedule of Investments (unaudited)

May 31, 2025

**iShares® MSCI Japan Value 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** |
| **Air Freight & Logistics — 0.2%** | **Air Freight & Logistics — 0.2%** | **Air Freight & Logistics — 0.2%** |
| SG Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp; 68400 | $665735 |
| **Automobile Components — 3.1%** | **Automobile Components — 3.1%** | **Automobile Components — 3.1%** |
| Aisin Corp. | &nbsp;&nbsp;&nbsp; 102600 | 1305515 |
| Bridgestone Corp. | &nbsp;&nbsp;&nbsp; 114000 | 4894596 |
| Denso Corp. | &nbsp;&nbsp;&nbsp; 239400 | 3232100 |
| Sumitomo Electric Industries Ltd. | &nbsp;&nbsp;&nbsp; 136800 | 2869480 |
|  |  | 12301691 |
| **Automobiles — 13.3%** | **Automobiles — 13.3%** | **Automobiles — 13.3%** |
| Honda Motor Co. Ltd. | &nbsp;&nbsp;&nbsp; 843600 | 8569620 |
| Isuzu Motors Ltd. | &nbsp;&nbsp;&nbsp; 102600 | 1386829 |
| Nissan Motor Co. Ltd.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 444600 | 1127858 |
| Subaru Corp. | &nbsp;&nbsp;&nbsp; 114000 | 2092705 |
| Suzuki Motor Corp. | &nbsp;&nbsp;&nbsp; 205200 | 2604205 |
| Toyota Motor Corp. | &nbsp;&nbsp;&nbsp; 1892400 | 36027890 |
| Yamaha Motor Co. Ltd. | &nbsp;&nbsp;&nbsp; 182400 | 1399633 |
|  |  | 53208740 |
| **Banks — 18.7%** | **Banks — 18.7%** | **Banks — 18.7%** |
| Chiba Bank Ltd. (The) | &nbsp;&nbsp;&nbsp; 109900 | 998790 |
| Concordia Financial Group Ltd. | &nbsp;&nbsp;&nbsp; 200300 | 1284048 |
| Japan Post Bank Co. Ltd. | &nbsp;&nbsp;&nbsp; 353400 | 3811280 |
| Mitsubishi UFJ Financial Group Inc. | &nbsp;&nbsp;&nbsp; 2280000 | 31893328 |
| Mizuho Financial Group Inc. | &nbsp;&nbsp;&nbsp; 478850 | 13315979 |
| Resona Holdings Inc. | &nbsp;&nbsp;&nbsp; 148200 | 1313510 |
| Sumitomo Mitsui Financial Group Inc. | &nbsp;&nbsp;&nbsp; 729600 | 18744100 |
| Sumitomo Mitsui Trust Group Inc. | &nbsp;&nbsp;&nbsp; 125400 | 3393285 |
|  |  | 74754320 |
| **Beverages — 0.2%** | **Beverages — 0.2%** | **Beverages — 0.2%** |
| Kirin Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp; 57000 | 817737 |
| **Broadline Retail — 0.1%** | **Broadline Retail — 0.1%** | **Broadline Retail — 0.1%** |
| Rakuten Group Inc.<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 102600 | 564700 |
| **Building Products — 0.3%** | **Building Products — 0.3%** | **Building Products — 0.3%** |
| AGC Inc. | &nbsp;&nbsp;&nbsp; 34200 | 1014456 |
| **Capital Markets — 1.9%** | **Capital Markets — 1.9%** | **Capital Markets — 1.9%** |
| Daiwa Securities Group Inc. | &nbsp;&nbsp;&nbsp; 262200 | 1773617 |
| Japan Exchange Group Inc. | &nbsp;&nbsp;&nbsp; 102600 | 1123821 |
| Nomura Holdings Inc. | &nbsp;&nbsp;&nbsp; 604200 | 3692188 |
| SBI Holdings Inc. | &nbsp;&nbsp;&nbsp; 34200 | 1035767 |
|  |  | 7625393 |
| **Chemicals — 1.9%** | **Chemicals — 1.9%** | **Chemicals — 1.9%** |
| Asahi Kasei Corp. | &nbsp;&nbsp;&nbsp; 239400 | 1682244 |
| Mitsubishi Chemical Group Corp. | &nbsp;&nbsp;&nbsp; 273600 | 1456381 |
| Nitto Denko Corp. | &nbsp;&nbsp;&nbsp; 136800 | 2488429 |
| Toray Industries Inc. | &nbsp;&nbsp;&nbsp; 273600 | 1887509 |
|  |  | 7514563 |
| **Commercial Services & Supplies — 1.1%** | **Commercial Services & Supplies — 1.1%** | **Commercial Services & Supplies — 1.1%** |
| Dai Nippon Printing Co. Ltd. | &nbsp;&nbsp;&nbsp; 79800 | 1176790 |
| Secom Co. Ltd. | &nbsp;&nbsp;&nbsp; 57000 | 2075606 |
| Toppan Holdings Inc. | &nbsp;&nbsp;&nbsp; 45800 | 1216164 |
|  |  | 4468560 |
| **Construction & Engineering — 1.4%** | **Construction & Engineering — 1.4%** | **Construction & Engineering — 1.4%** |
| Kajima Corp. | &nbsp;&nbsp;&nbsp; 79800 | 1965869 |
| Obayashi Corp. | &nbsp;&nbsp;&nbsp; 125400 | 1892086 |
| Taisei Corp. | &nbsp;&nbsp;&nbsp; 34200 | 1906266 |
|  |  | 5764221 |
| **Consumer Staples Distribution & Retail — 0.1%** | **Consumer Staples Distribution & Retail — 0.1%** | **Consumer Staples Distribution & Retail — 0.1%** |
| MatsukiyoCocokara & Co. | &nbsp;&nbsp;&nbsp; 22800 | 459827 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Diversified Telecommunication Services — 1.7%** | **Diversified Telecommunication Services — 1.7%** | **Diversified Telecommunication Services — 1.7%** |
| Nippon Telegraph & Telephone Corp. | &nbsp;&nbsp;&nbsp; 5950800 | $6625579 |
| **Electric Utilities — 0.9%** | **Electric Utilities — 0.9%** | **Electric Utilities — 0.9%** |
| Chubu Electric Power Co. Inc. | &nbsp;&nbsp;&nbsp; 125400 | 1536042 |
| Kansai Electric Power Co. Inc. (The) | &nbsp;&nbsp;&nbsp; 193800 | 2198881 |
|  |  | 3734923 |
| **Electrical Equipment — 1.5%** | **Electrical Equipment — 1.5%** | **Electrical Equipment — 1.5%** |
| Fuji Electric Co. Ltd. | &nbsp;&nbsp;&nbsp; 22800 | 1007118 |
| Mitsubishi Electric Corp. | &nbsp;&nbsp;&nbsp; 250800 | 5005212 |
|  |  | 6012330 |
| **Electronic Equipment, Instruments & Components — 2.3%** | **Electronic Equipment, Instruments & Components — 2.3%** | **Electronic Equipment, Instruments & Components — 2.3%** |
| Kyocera Corp. | &nbsp;&nbsp;&nbsp; 250800 | 3049378 |
| Murata Manufacturing Co. Ltd. | &nbsp;&nbsp;&nbsp; 330600 | 4796619 |
| Omron Corp. | &nbsp;&nbsp;&nbsp; 34200 | 884165 |
| Shimadzu Corp. | &nbsp;&nbsp;&nbsp; 11400 | 275255 |
|  |  | 9005417 |
| **Entertainment — 0.2%** | **Entertainment — 0.2%** | **Entertainment — 0.2%** |
| Toho Co. Ltd./Tokyo | &nbsp;&nbsp;&nbsp; 11400 | 600985 |
| **Financial Services — 1.5%** | **Financial Services — 1.5%** | **Financial Services — 1.5%** |
| Mitsubishi HC Capital Inc. | &nbsp;&nbsp;&nbsp; 171000 | 1255635 |
| ORIX Corp. | &nbsp;&nbsp;&nbsp; 228000 | 4831741 |
|  |  | 6087376 |
| **Food Products — 0.4%** | **Food Products — 0.4%** | **Food Products — 0.4%** |
| MEIJI Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp; 45800 | 1024079 |
| Yakult Honsha Co. Ltd. | &nbsp;&nbsp;&nbsp; 34200 | 692565 |
|  |  | 1716644 |
| **Gas Utilities — 0.4%** | **Gas Utilities — 0.4%** | **Gas Utilities — 0.4%** |
| Osaka Gas Co. Ltd. | &nbsp;&nbsp;&nbsp; 68400 | 1741491 |
| **Ground Transportation — 2.5%** | **Ground Transportation — 2.5%** | **Ground Transportation — 2.5%** |
| Central Japan Railway Co. | &nbsp;&nbsp;&nbsp; 159600 | 3486575 |
| East Japan Railway Co. | &nbsp;&nbsp;&nbsp; 114000 | 2389189 |
| Hankyu Hanshin Holdings Inc. | &nbsp;&nbsp;&nbsp; 45600 | 1226626 |
| Tokyo Metro Co. Ltd. | &nbsp;&nbsp;&nbsp; 22800 | 287998 |
| Tokyu Corp. | &nbsp;&nbsp;&nbsp; 45600 | 553659 |
| West Japan Railway Co. | &nbsp;&nbsp;&nbsp; 91200 | 1965382 |
|  |  | 9909429 |
| **Household Durables — 2.0%** | **Household Durables — 2.0%** | **Household Durables — 2.0%** |
| Panasonic Holdings Corp. | &nbsp;&nbsp;&nbsp; 467400 | 5357086 |
| Sekisui House Ltd. | &nbsp;&nbsp;&nbsp; 114000 | 2585192 |
|  |  | 7942278 |
| **Industrial Conglomerates — 0.4%** | **Industrial Conglomerates — 0.4%** | **Industrial Conglomerates — 0.4%** |
| Sekisui Chemical Co. Ltd. | &nbsp;&nbsp;&nbsp; 79800 | 1386273 |
| **Insurance — 3.9%** | **Insurance — 3.9%** | **Insurance — 3.9%** |
| Dai-ichi Life Holdings Inc. | &nbsp;&nbsp;&nbsp; 353400 | 2758461 |
| Japan Post Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp; 364800 | 3574479 |
| Japan Post Insurance Co. Ltd. | &nbsp;&nbsp;&nbsp; 34200 | 752271 |
| MS&AD Insurance Group Holdings Inc. | &nbsp;&nbsp;&nbsp; 250800 | 5973669 |
| T&D Holdings Inc. | &nbsp;&nbsp;&nbsp; 102600 | 2347244 |
|  |  | 15406124 |
| **Interactive Media & Services — 0.3%** | **Interactive Media & Services — 0.3%** | **Interactive Media & Services — 0.3%** |
| LY Corp. | &nbsp;&nbsp;&nbsp; 376200 | 1356533 |
| **IT Services — 0.2%** | **IT Services — 0.2%** | **IT Services — 0.2%** |
| Otsuka Corp. | &nbsp;&nbsp;&nbsp; 11400 | 234328 |
| SCSK Corp. | &nbsp;&nbsp;&nbsp; 11500 | 349052 |
|  |  | 583380 |
| **Leisure Products — 0.8%** | **Leisure Products — 0.8%** | **Leisure Products — 0.8%** |
| Bandai Namco Holdings Inc. | &nbsp;&nbsp;&nbsp; 45600 | 1448780 |

---

------

Schedule of Investments (unaudited)(continued)

May 31, 2025

**iShares® MSCI Japan Value ETF** 

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

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Leisure Products (continued)** | **Leisure Products (continued)** | **Leisure Products (continued)** |
| Shimano Inc. | &nbsp;&nbsp;&nbsp; 11400 | $1615091 |
|  |  | 3063871 |
| **Machinery — 4.3%** | **Machinery — 4.3%** | **Machinery — 4.3%** |
| IHI Corp. | &nbsp;&nbsp;&nbsp; 14600 | 1405250 |
| Komatsu Ltd. | &nbsp;&nbsp;&nbsp; 182400 | 5543354 |
| Kubota Corp. | &nbsp;&nbsp;&nbsp; 193800 | 2223232 |
| Makita Corp. | &nbsp;&nbsp;&nbsp; 45600 | 1397060 |
| Minebea Mitsumi Inc. | &nbsp;&nbsp;&nbsp; 22800 | 318599 |
| SMC Corp. | &nbsp;&nbsp;&nbsp; 5700 | 2137282 |
| Toyota Industries Corp. | &nbsp;&nbsp;&nbsp; 34200 | 4275908 |
|  |  | 17300685 |
| **Marine Transportation — 1.7%** | **Marine Transportation — 1.7%** | **Marine Transportation — 1.7%** |
| Kawasaki Kisen Kaisha Ltd. | &nbsp;&nbsp;&nbsp; 68400 | 1028635 |
| Mitsui OSK Lines Ltd. | &nbsp;&nbsp;&nbsp; 68400 | 2424911 |
| Nippon Yusen KK | &nbsp;&nbsp;&nbsp; 91200 | 3325402 |
|  |  | 6778948 |
| **Media — 0.2%** | **Media — 0.2%** | **Media — 0.2%** |
| Dentsu Group Inc. | &nbsp;&nbsp;&nbsp; 34200 | 738698 |
| **Metals & Mining — 1.5%** | **Metals & Mining — 1.5%** | **Metals & Mining — 1.5%** |
| JFE Holdings Inc. | &nbsp;&nbsp;&nbsp; 114000 | 1351768 |
| Nippon Steel Corp. | &nbsp;&nbsp;&nbsp; 193800 | 3898331 |
| Sumitomo Metal Mining Co. Ltd. | &nbsp;&nbsp;&nbsp; 34200 | 778821 |
|  |  | 6028920 |
| **Office REITs — 0.3%** | **Office REITs — 0.3%** | **Office REITs — 0.3%** |
| Nippon Building Fund Inc. | &nbsp;&nbsp;&nbsp; 1482 | 1354390 |
| **Oil, Gas & Consumable Fuels — 1.2%** | **Oil, Gas & Consumable Fuels — 1.2%** | **Oil, Gas & Consumable Fuels — 1.2%** |
| ENEOS Holdings Inc. | &nbsp;&nbsp;&nbsp; 353400 | 1674444 |
| Idemitsu Kosan Co. Ltd. | &nbsp;&nbsp;&nbsp; 159660 | 972496 |
| Inpex Corp. | &nbsp;&nbsp;&nbsp; 171000 | 2286572 |
|  |  | 4933512 |
| **Passenger Airlines — 0.3%** | **Passenger Airlines — 0.3%** | **Passenger Airlines — 0.3%** |
| ANA Holdings Inc. | &nbsp;&nbsp;&nbsp; 34200 | 677196 |
| Japan Airlines Co. Ltd. | &nbsp;&nbsp;&nbsp; 34200 | 691929 |
|  |  | 1369125 |
| **Personal Care Products — 0.7%** | **Personal Care Products — 0.7%** | **Personal Care Products — 0.7%** |
| Kao Corp. | &nbsp;&nbsp;&nbsp; 57100 | 2606694 |
| **Pharmaceuticals — 3.2%** | **Pharmaceuticals — 3.2%** | **Pharmaceuticals — 3.2%** |
| Astellas Pharma Inc. | &nbsp;&nbsp;&nbsp; 364800 | 3603357 |
| Eisai Co. Ltd. | &nbsp;&nbsp;&nbsp; 57000 | 1632017 |
| Kyowa Kirin Co. Ltd. | &nbsp;&nbsp;&nbsp; 45800 | 748519 |
| Ono Pharmaceutical Co. Ltd. | &nbsp;&nbsp;&nbsp; 79800 | 868884 |
| Shionogi & Co. Ltd. | &nbsp;&nbsp;&nbsp; 148200 | 2474573 |
| Takeda Pharmaceutical Co. Ltd. | &nbsp;&nbsp;&nbsp; 114000 | 3422859 |
|  |  | 12750209 |
| **Real Estate Management & Development — 3.9%** | **Real Estate Management & Development — 3.9%** | **Real Estate Management & Development — 3.9%** |
| Daito Trust Construction Co. Ltd. | &nbsp;&nbsp;&nbsp; 11500 | 1295404 |
| Daiwa House Industry Co. Ltd. | &nbsp;&nbsp;&nbsp; 114000 | 3843617 |
| Hulic Co. Ltd. | &nbsp;&nbsp;&nbsp; 91200 | 923414 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Real Estate Management & Development (continued)** | **Real Estate Management & Development (continued)** | **Real Estate Management & Development (continued)** |
| Mitsubishi Estate Co. Ltd. | &nbsp;&nbsp;&nbsp; 136800 | $2486200 |
| Mitsui Fudosan Co. Ltd. | &nbsp;&nbsp;&nbsp; 524400 | 5022431 |
| Sumitomo Realty & Development Co. Ltd. | &nbsp;&nbsp;&nbsp; 57100 | 2187322 |
|  |  | 15758388 |
| **Semiconductors & Semiconductor Equipment — 1.0%** | **Semiconductors & Semiconductor Equipment — 1.0%** | **Semiconductors & Semiconductor Equipment — 1.0%** |
| Renesas Electronics Corp. | &nbsp;&nbsp;&nbsp; 330600 | 4015274 |
| **Specialty Retail — 0.1%** | **Specialty Retail — 0.1%** | **Specialty Retail — 0.1%** |
| Nitori Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp; 5600 | 558085 |
| **Technology Hardware, Storage & Peripherals — 1.9%** | **Technology Hardware, Storage & Peripherals — 1.9%** | **Technology Hardware, Storage & Peripherals — 1.9%** |
| Canon Inc. | &nbsp;&nbsp;&nbsp; 68400 | 2089551 |
| FUJIFILM Holdings Corp. | &nbsp;&nbsp;&nbsp; 228000 | 5146577 |
| Ricoh Co. Ltd. | &nbsp;&nbsp;&nbsp; 57000 | 531479 |
|  |  | 7767607 |
| **Tobacco — 1.8%** | **Tobacco — 1.8%** | **Tobacco — 1.8%** |
| Japan Tobacco Inc. | &nbsp;&nbsp;&nbsp; 239400 | 7343510 |
| **Trading Companies & Distributors — 9.5%** | **Trading Companies & Distributors — 9.5%** | **Trading Companies & Distributors — 9.5%** |
| Marubeni Corp. | &nbsp;&nbsp;&nbsp; 285000 | 5776745 |
| Mitsubishi Corp. | &nbsp;&nbsp;&nbsp; 684000 | 13836254 |
| Mitsui & Co. Ltd. | &nbsp;&nbsp;&nbsp; 490200 | 10235937 |
| Sumitomo Corp. | &nbsp;&nbsp;&nbsp; 216600 | 5516056 |
| Toyota Tsusho Corp. | &nbsp;&nbsp;&nbsp; 125400 | 2650124 |
|  |  | 38015116 |
| **Wireless Telecommunication Services — 6.1%** | **Wireless Telecommunication Services — 6.1%** | **Wireless Telecommunication Services — 6.1%** |
| KDDI Corp. | &nbsp;&nbsp;&nbsp; 615600 | 10656350 |
| SoftBank Corp. | &nbsp;&nbsp;&nbsp; 5700000 | 8758375 |
| SoftBank Group Corp. | &nbsp;&nbsp;&nbsp; 95300 | 4978315 |
|  |  | 24393040 |
| **Total Long-Term Investments — 99.0%** <br>**(Cost: $356,073,587)** | **Total Long-Term Investments — 99.0%** <br>**(Cost: $356,073,587)** | 396044777 |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 0.0%** | **Money Market Funds — 0.0%** | **Money Market Funds — 0.0%** |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL Agency Shares, <br> 4.30%<sup>(b)(c)</sup><br>| &nbsp;&nbsp;&nbsp; 40000 | 40000 |
| **Total Short-Term Securities — 0.0%** <br>**(Cost: $40,000)** | **Total Short-Term Securities — 0.0%** <br>**(Cost: $40,000)** | 40000 |
| **Total Investments — 99.0%** <br>**(Cost: $356,113,587)** | **Total Investments — 99.0%** <br>**(Cost: $356,113,587)** | 396084777 |
| **Other Assets Less Liabilities — 1.0%** | **Other Assets Less Liabilities — 1.0%** | 4029056 |
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | $400113833 |

---

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

<sup>(a)</sup> Non-income producing security. <br> <sup>(b)</sup> Affiliate of the Fund. <br> <sup>(c)</sup> Annualized 7-day yield as of period end.

------

Schedule of Investments (unaudited)(continued)

May 31, 2025

**iShares® MSCI Japan Value ETF** 

**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>|
| BlackRock Cash Funds: Institutional, SL Agency Shares<sup>(a)</sup> | $—<br> $189 <br><sup>(b)</sup><br>| $— | $(189)<br>| $— | $— |  | $555 <br><sup>(c)</sup><br>| $— |
| BlackRock Cash Funds: Treasury, SL Agency Shares | &nbsp;&nbsp; 30000<br> 10000 <br><sup>(b)</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; 40000 | 40000 | &nbsp;&nbsp; 2627 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — |
|  |  |  | $(189) | $— | $40000 |  | $3182 | $— |

---

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

<sup>(a)</sup> As of period end, the entity is no longer held.

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

<sup>(c)</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; Mini TOPIX Index | &nbsp;&nbsp;&nbsp; 243 | 06/12/25 | &nbsp;&nbsp; $4693 | $224293 |

---

**Fair Value Hierarchy as of Period End** 

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

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

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

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

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

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Assets  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Long-Term Investments  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common Stocks | &nbsp;&nbsp; $— | &nbsp;&nbsp; $396044777 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $396044777 |
| &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; 40000 | &nbsp;&nbsp; — | &nbsp;&nbsp; — | &nbsp;&nbsp; 40000 |
|  | &nbsp;&nbsp; $40000 | &nbsp;&nbsp; $396044777 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $396084777 |

---

------

Schedule of Investments (unaudited)(continued)

May 31, 2025

**iShares® MSCI Japan Value ETF** 

**Fair Value Hierarchy as of Period End (continued)**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | *Level 1* | *Level 2* | *Level 3* | *Total* |
| Derivative Financial Instruments<sup>(a)</sup>  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Assets  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity Contracts | &nbsp;&nbsp; $— | &nbsp;&nbsp; $224293 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $224293 |

---

&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.

------

Schedule of Investments (unaudited)

May 31, 2025

**iShares® MSCI UAE 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** |
| **Air Freight & Logistics — 2.5%** | **Air Freight & Logistics — 2.5%** | **Air Freight & Logistics — 2.5%** |
| Abu Dhabi Aviation Co., NVS | &nbsp;&nbsp;&nbsp; 584193 | $893865 |
| Agility Global PLC | &nbsp;&nbsp;&nbsp; 4353152 | 1481470 |
| Aramex PJSC<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 1359361 | 1009439 |
|  |  | 3384774 |
| **Banks — 33.2%** | **Banks — 33.2%** | **Banks — 33.2%** |
| Abu Dhabi Commercial Bank PJSC | &nbsp;&nbsp;&nbsp; 1813151 | 5959780 |
| Abu Dhabi Islamic Bank PJSC | &nbsp;&nbsp;&nbsp; 1163580 | 6074050 |
| Ajman Bank PJSC | &nbsp;&nbsp;&nbsp; 1964692 | 802352 |
| Bank of Sharjah<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 401732 | 94390 |
| Dubai Islamic Bank PJSC | &nbsp;&nbsp;&nbsp; 2713497 | 6093975 |
| Emirates NBD Bank PJSC | &nbsp;&nbsp;&nbsp; 1363906 | 8317859 |
| First Abu Dhabi Bank PJSC | &nbsp;&nbsp;&nbsp; 3659994 | 16039348 |
| Sharjah Islamic Bank | &nbsp;&nbsp;&nbsp; 1906497 | 1374947 |
|  |  | 44756701 |
| **Building Products — 0.6%** | **Building Products — 0.6%** | **Building Products — 0.6%** |
| Ras Al Khaimah Ceramics PJSC | &nbsp;&nbsp;&nbsp; 1142091 | 758183 |
| **Capital Markets — 2.2%** | **Capital Markets — 2.2%** | **Capital Markets — 2.2%** |
| Al Waha Capital PJSC | &nbsp;&nbsp;&nbsp; 2025961 | 854773 |
| Dubai Financial Market PJSC | &nbsp;&nbsp;&nbsp; 2755930 | 1139563 |
| Investcorp Capital PLC, NVS | &nbsp;&nbsp;&nbsp; 1512544 | 700382 |
| SHUAA Capital PSC<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4863150 | 304816 |
|  |  | 2999534 |
| **Commercial Services & Supplies — 1.2%** | **Commercial Services & Supplies — 1.2%** | **Commercial Services & Supplies — 1.2%** |
| Parkin Co. PJSC | &nbsp;&nbsp;&nbsp; 983879 | 1636673 |
| **Construction & Engineering — 0.0%** | **Construction & Engineering — 0.0%** | **Construction & Engineering — 0.0%** |
| Arabtec Holding PJSC<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 2433366 | 7 |
| **Construction Materials — 0.1%** | **Construction Materials — 0.1%** | **Construction Materials — 0.1%** |
| Apex Investment Co. PSC<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 86702 | 100322 |
| **Consumer Staples Distribution & Retail — 0.6%** | **Consumer Staples Distribution & Retail — 0.6%** | **Consumer Staples Distribution & Retail — 0.6%** |
| Spinneys 1961 Holding PLC | &nbsp;&nbsp;&nbsp; 1912357 | 780979 |
| **Diversified Consumer Services — 0.9%** | **Diversified Consumer Services — 0.9%** | **Diversified Consumer Services — 0.9%** |
| Alef Education Holding PLC | &nbsp;&nbsp;&nbsp; 2845281 | 775209 |
| Taaleem Holdings PJSC, NVS | &nbsp;&nbsp;&nbsp; 386249 | 383830 |
|  |  | 1159039 |
| **Diversified Telecommunication Services — 10.6%** | **Diversified Telecommunication Services — 10.6%** | **Diversified Telecommunication Services — 10.6%** |
| Emirates Telecommunications Group Co. PJSC | &nbsp;&nbsp;&nbsp; 2844512 | 13304850 |
| Space42 PLC<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2093181 | 1007597 |
|  |  | 14312447 |
| **Energy Equipment & Services — 3.4%** | **Energy Equipment & Services — 3.4%** | **Energy Equipment & Services — 3.4%** |
| ADNOC Drilling Co. PJSC | &nbsp;&nbsp;&nbsp; 3188562 | 4556183 |
| NMDC Energy, NVS | &nbsp;&nbsp;&nbsp; 111501 | 75869 |
|  |  | 4632052 |
| **Financial Services — 1.0%** | **Financial Services — 1.0%** | **Financial Services — 1.0%** |
| Amanat Holdings PJSC | &nbsp;&nbsp;&nbsp; 2405240 | 687585 |
| Amlak Finance PJSC<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2104185 | 628854 |
| Gulf General Investment Co.<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 7295803 | 20 |
|  |  | 1316459 |
| **Food Products — 0.6%** | **Food Products — 0.6%** | **Food Products — 0.6%** |
| Agthia Group PJSC | &nbsp;&nbsp;&nbsp; 638446 | 743997 |
| **Ground Transportation — 0.6%** | **Ground Transportation — 0.6%** | **Ground Transportation — 0.6%** |
| Dubai Taxi Co. PJSC | &nbsp;&nbsp;&nbsp; 1221318 | 824631 |

---

---

| | | |
|:---|:---|:---|
| *Security* | &nbsp;&nbsp; *Shares* | *Value* |
| **Health Care Providers & Services — 0.0%** | **Health Care Providers & Services — 0.0%** | **Health Care Providers & Services — 0.0%** |
| NMC Health PLC, NVS<sup>(a)(b)</sup> | &nbsp;&nbsp;&nbsp; 112588 | $2 |
| **Hotels, Restaurants & Leisure — 2.6%** | **Hotels, Restaurants & Leisure — 2.6%** | **Hotels, Restaurants & Leisure — 2.6%** |
| Abu Dhabi National Hotels | &nbsp;&nbsp;&nbsp; 11444515 | 1589753 |
| &nbsp;&nbsp;&nbsp; Americana Restaurants International PLC - <br> Foreign Co.<br>| &nbsp;&nbsp;&nbsp; 3502491 | 1945299 |
|  |  | 3535052 |
| **Industrial Conglomerates — 1.5%** | **Industrial Conglomerates — 1.5%** | **Industrial Conglomerates — 1.5%** |
| Dubai Investments PJSC | &nbsp;&nbsp;&nbsp; 2665414 | 1757367 |
| Modon Holding PSC<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 112985 | 101417 |
| Multiply Group PJSC<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 166616 | 105761 |
|  |  | 1964545 |
| **Marine Transportation — 0.9%** | **Marine Transportation — 0.9%** | **Marine Transportation — 0.9%** |
| Gulf Navigation Holding PJSC<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 729371 | 1165643 |
| **Multi-Utilities — 2.6%** | **Multi-Utilities — 2.6%** | **Multi-Utilities — 2.6%** |
| Dubai Electricity & Water Authority PJSC | &nbsp;&nbsp;&nbsp; 4777211 | 3549811 |
| **Oil, Gas & Consumable Fuels — 4.3%** | **Oil, Gas & Consumable Fuels — 4.3%** | **Oil, Gas & Consumable Fuels — 4.3%** |
| Adnoc Gas PLC | &nbsp;&nbsp;&nbsp; 4878911 | 4354098 |
| Dana Gas PJSC | &nbsp;&nbsp;&nbsp; 7387927 | 1447917 |
|  |  | 5802015 |
| **Passenger Airlines — 1.8%** | **Passenger Airlines — 1.8%** | **Passenger Airlines — 1.8%** |
| Air Arabia PJSC | &nbsp;&nbsp;&nbsp; 2573390 | 2486492 |
| **Real Estate Management & Development — 22.5%** | **Real Estate Management & Development — 22.5%** | **Real Estate Management & Development — 22.5%** |
| Aldar Properties PJSC | &nbsp;&nbsp;&nbsp; 2525825 | 5709996 |
| Deyaar Development PJSC | &nbsp;&nbsp;&nbsp; 810520 | 202969 |
| Emaar Development PJSC | &nbsp;&nbsp;&nbsp; 609752 | 2223599 |
| Emaar Properties PJSC | &nbsp;&nbsp;&nbsp; 5550977 | 19877787 |
| Eshraq Investments PJSC<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 4614436 | 521544 |
| RAK Properties PJSC<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2677467 | 954512 |
| Union Properties PJSC<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 5513141 | 814490 |
|  |  | 30304897 |
| **Software — 0.5%** | **Software — 0.5%** | **Software — 0.5%** |
| Phoenix Group PLC<sup>(a)</sup> | &nbsp;&nbsp;&nbsp; 2513210 | 740053 |
| **Specialty Retail — 2.4%** | **Specialty Retail — 2.4%** | **Specialty Retail — 2.4%** |
| Abu Dhabi National Oil Co. for Distribution PJSC | &nbsp;&nbsp;&nbsp; 3316461 | 3277310 |
| **Transportation Infrastructure — 1.6%** | **Transportation Infrastructure — 1.6%** | **Transportation Infrastructure — 1.6%** |
| Salik Co. PJSC | &nbsp;&nbsp;&nbsp; 1413068 | 2199800 |
| **Water Utilities — 1.6%** | **Water Utilities — 1.6%** | **Water Utilities — 1.6%** |
| Emirates Central Cooling Systems Corp. | &nbsp;&nbsp;&nbsp; 3046303 | 1268947 |
| National Central Cooling Co. PJSC | &nbsp;&nbsp;&nbsp; 1249977 | 888421 |
|  |  | 2157368 |
| **Total Investments — 99.8%** <br>**(Cost: $116,900,726)** | **Total Investments — 99.8%** <br>**(Cost: $116,900,726)** | 134588786 |
| **Other Assets Less Liabilities — 0.2%** | **Other Assets Less Liabilities — 0.2%** | 255337 |
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | $134844123 |

---

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

<sup>(a)</sup> Non-income producing security. <br> <sup>(b)</sup> Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy.

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

------

Schedule of Investments (unaudited)(continued)

May 31, 2025

**iShares® MSCI UAE ETF**

**Affiliates**

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

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at* <br>*08/31/24*<br>| *Purchases* <br>*at Cost*<br>| &nbsp;&nbsp; *Net Realized* <br>*Gain (Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*05/31/25*<br>| *Shares* <br>*Held at* <br>*05/31/25*<br>| *Income* | *Capital* <br>*Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| BlackRock Cash Funds: Treasury, SL Agency Shares<sup>(a)</sup> | $60000 | $—<br> $(60000 )<sup>(b)</sup><br>| $— | $— | $— |  | $4534 | $— |

---

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

<sup>(a)</sup> As of period end, the entity is no longer held.

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

**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; MSCI Emerging Markets Index | &nbsp;&nbsp;&nbsp; 2 | 06/20/25 | &nbsp;&nbsp; $115 | $13610 |

---

**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; $40242593 | &nbsp;&nbsp; $94346164 | &nbsp;&nbsp; $29 | &nbsp;&nbsp; $134588786 |
| Derivative Financial Instruments<sup>(a)</sup>  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Assets  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity Contracts | &nbsp;&nbsp; $13610 | &nbsp;&nbsp; $— | &nbsp;&nbsp; $— | &nbsp;&nbsp; $13610 |

---

&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.

------

Schedule of Investments (unaudited)(continued)

May 31, 2025

**iShares® MSCI UAE ETF**

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

---

| | |
|:---|:---|
| **Portfolio Abbreviation** | **Portfolio Abbreviation** |
| NVS | Non-Voting Shares |
| PJSC | Public Joint Stock Company |

---

&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 Trust

- **b. Investment Company Act file number:** 811-09729

- **c. CIK number of Registrant:** 0001100663

- **d. LEI of Registrant:** 5493000860OXIC4B5K91

- **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 Japan Value ETF

- **b. EDGAR series identifier (if any):** S000064903

- **c. LEI of Series:** 54930043LHY0LNJY8S57

**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:** $403815681.96

**Total Liabilities:** $46316.15

**Net Assets:** $403769365.81

**Cash Not Reported:** $1266249.83

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000210083 | 1.24%                | 3.26%                | 3.07%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-873405.92              | $-933914.73                                |
| Month 2  | $-224169.73              | $11902013.39                               |
| Month 3  | $7079.74                 | $11977220.30                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Tokyu Corp                                     | Tokyu Corp                                       | CUSIP: 000000000<br>LEI: 3538005PGNIBTZYXAE45 | Long             | EC               | CORP              | JP        |     98600 | NS      | $1197166.49   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Seiko Epson Corp                               | Seiko Epson Corp                                 | CUSIP: 000000000<br>LEI: 549300NIOFQDR749W206 | Long             | EC               | CORP              | JP        |     57100 | NS      | $738789.50    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| SoftBank Corp                                  | SoftBank Corp                                    | CUSIP: 000000000<br>LEI: 353800M1YCTS9JRBJ535 | Long             | EC               | CORP              | JP        |   5449200 | NS      | $8373006.84   | 2.07%             |  |  |  | No            |                  2 | On Loan: No      |
| MS&AD Insurance Group Holdings Inc             | MS&AD Insurance Group Holdings Inc               | CUSIP: 000000000<br>LEI: 529900CXROT5S2HMMP26 | Long             | EC               | CORP              | JP        |     87400 | NS      | $2081733.02   | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Yakult Honsha Co Ltd                           | Yakult Honsha Co Ltd                             | CUSIP: 000000000<br>LEI: 353800YJPSPGG7KI0S71 | Long             | EC               | CORP              | JP        |     34200 | NS      | $692565.38    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Yamaha Motor Co Ltd                            | Yamaha Motor Co Ltd                              | CUSIP: 000000000<br>LEI: 3538004LR5NXILJDHY88 | Long             | EC               | CORP              | JP        |    177400 | NS      | $1361266.30   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Marubeni Corp                                  | Marubeni Corp                                    | CUSIP: 000000000<br>LEI: 4P4N3ORD02UGQT1T1W12 | Long             | EC               | CORP              | JP        |    268100 | NS      | $5434194.79   | 1.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Aisin Corp                                     | Aisin Corp                                       | CUSIP: 000000000<br>LEI: 3538004IOK08PDY6I723 | Long             | EC               | CORP              | JP        |     98600 | NS      | $1254617.39   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Ricoh Co Ltd                                   | Ricoh Co Ltd                                     | CUSIP: 000000000<br>LEI: 549300HFIB2GRUMDID72 | Long             | EC               | CORP              | JP        |     98600 | NS      | $919365.05    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| TOPPAN Holdings Inc                            | TOPPAN Holdings Inc                              | CUSIP: 000000000<br>LEI: 3538003H9W4KIDODQY20 | Long             | EC               | CORP              | JP        |     45800 | NS      | $1216164.17   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi UFJ Financial Group Inc             | Mitsubishi UFJ Financial Group Inc               | CUSIP: 000000000<br>LEI: 353800V2V8PUY9TK3E06 | Long             | EC               | CORP              | JP        |   2188800 | NS      | $30617595.19  | 7.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Otsuka Corp                                    | Otsuka Corp                                      | CUSIP: 000000000<br>LEI: 529900RG9DJ58J3UIE72 | Long             | EC               | CORP              | JP        |     22800 | NS      | $468656.08    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Post Insurance Co Ltd                    | Japan Post Insurance Co Ltd                      | CUSIP: 000000000<br>LEI: 54930042SK2Z708BA841 | Long             | EC               | CORP              | JP        |     34200 | NS      | $752271.09    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Olympus Corp                                   | Olympus Corp                                     | CUSIP: 000000000<br>LEI: 5299000Y52IFDI1I2A21 | Long             | EC               | CORP              | JP        |    136800 | NS      | $1752817.14   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Metal Mining Co Ltd                   | Sumitomo Metal Mining Co Ltd                     | CUSIP: 000000000<br>LEI: 353800CF81IXL9974H84 | Long             | EC               | CORP              | JP        |     45800 | NS      | $1042982.55   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Daiwa House Industry Co Ltd                    | Daiwa House Industry Co Ltd                      | CUSIP: 000000000<br>LEI: 353800K9WXR9XRZJZI46 | Long             | EC               | CORP              | JP        |    102600 | NS      | $3459255.29   | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyota Tsusho Corp                             | Toyota Tsusho Corp                               | CUSIP: 000000000<br>LEI: 549300CEE2ENIUJNXB84 | Long             | EC               | CORP              | JP        |    125400 | NS      | $2650123.86   | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Renesas Electronics Corp                       | Renesas Electronics Corp                         | CUSIP: 000000000<br>LEI: 5299000EPC47VJQOFB81 | Long             | EC               | CORP              | JP        |    319200 | NS      | $3876816.50   | 0.96%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsui Fudosan Co Ltd                          | Mitsui Fudosan Co Ltd                            | CUSIP: 000000000<br>LEI: 353800ND4ZKNZDYKMF33 | Long             | EC               | CORP              | JP        |    505400 | NS      | $4840458.94   | 1.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Kawasaki Kisen Kaisha Ltd                      | Kawasaki Kisen Kaisha Ltd                        | CUSIP: 000000000<br>LEI: 353800FL04R73DS5P870 | Long             | EC               | CORP              | JP        |     68400 | NS      | $1028635.07   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Toray Industries Inc                           | Toray Industries Inc                             | CUSIP: 000000000<br>LEI: 35380099TCYR5FHT0A11 | Long             | EC               | CORP              | JP        |    262200 | NS      | $1808862.54   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| T&D Holdings Inc                               | T&D Holdings Inc                                 | CUSIP: 000000000<br>LEI: 3538008ARJ1MACEWA242 | Long             | EC               | CORP              | JP        |     91200 | NS      | $2086438.96   | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Dai Nippon Printing Co Ltd                     | Dai Nippon Printing Co Ltd                       | CUSIP: 000000000<br>LEI: 529900S7NFNQ4FT6OP83 | Long             | EC               | CORP              | JP        |     79800 | NS      | $1176790.24   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Daito Trust Construction Co Ltd                | Daito Trust Construction Co Ltd                  | CUSIP: 000000000<br>LEI: 353800QQ4DRI3KXS3038 | Long             | EC               | CORP              | JP        |     11500 | NS      | $1295404.06   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Kubota Corp                                    | Kubota Corp                                      | CUSIP: 000000000<br>LEI: 549300CSY4INHEHQQT13 | Long             | EC               | CORP              | JP        |    189100 | NS      | $2169314.72   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyo Gas Co Ltd                               | Tokyo Gas Co Ltd                                 | CUSIP: 000000000<br>LEI: 353800678EIJLOQSWZ83 | Long             | EC               | CORP              | JP        |     68500 | NS      | $2296983.47   | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Telegraph & Telephone Corp              | Nippon Telegraph & Telephone Corp                | CUSIP: 000000000<br>LEI: 353800VHQU5VIXVUA841 | Long             | EC               | CORP              | JP        |   5700000 | NS      | $6346340.27   | 1.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Realty & Development Co Ltd           | Sumitomo Realty & Development Co Ltd             | CUSIP: 000000000<br>LEI: 353800SO2DCLOI3LNZ64 | Long             | EC               | CORP              | JP        |     57100 | NS      | $2187321.62   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| LY Corp                                        | LY Corp                                          | CUSIP: 000000000<br>LEI: 52990078MD2OL792YM35 | Long             | EC               | CORP              | JP        |    547200 | NS      | $1973139.13   | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Kao Corp                                       | Kao Corp                                         | CUSIP: 000000000<br>LEI: 353800HM38HFCB8RGL63 | Long             | EC               | CORP              | JP        |     57100 | NS      | $2606694.22   | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Nomura Holdings Inc                            | Nomura Holdings Inc                              | CUSIP: 000000000<br>LEI: 549300B3CEAHYG7K8164 | Long             | EC               | CORP              | JP        |    570000 | NS      | $3483196.25   | 0.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Post Bank Co Ltd                         | Japan Post Bank Co Ltd                           | CUSIP: 000000000<br>LEI: 5493006JVO6N2HC2XZ76 | Long             | EC               | CORP              | JP        |    342000 | NS      | $3688335.05   | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Dai-ichi Life Holdings Inc                     | Dai-ichi Life Holdings Inc                       | CUSIP: 000000000<br>LEI: 549300ZUFXI7JXZVTZ25 | Long             | EC               | CORP              | JP        |    695400 | NS      | $5427938.90   | 1.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Daiwa Securities Group Inc                     | Daiwa Securities Group Inc                       | CUSIP: 000000000<br>LEI: 353800WRC7Y23PWFJG38 | Long             | EC               | CORP              | JP        |    256700 | NS      | $1736412.95   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Trust Group Inc                | Sumitomo Mitsui Trust Group Inc                  | CUSIP: 000000000<br>LEI: 353800P843RLCDBLNT17 | Long             | EC               | CORP              | JP        |    121300 | NS      | $3282340.35   | 0.81%             |  |  |  | No            |                  2 | On Loan: No      |
| SBI Holdings Inc                               | SBI Holdings Inc                                 | CUSIP: 000000000<br>LEI: 353800L6LMHYIPSMRQ17 | Long             | EC               | CORP              | JP        |     57200 | NS      | $1732335.14   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Subaru Corp                                    | Subaru Corp                                      | CUSIP: 000000000<br>LEI: 549300N244BVAEE6HH86 | Long             | EC               | CORP              | JP        |    109900 | NS      | $2017440.51   | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsui & Co Ltd                                | Mitsui & Co Ltd                                  | CUSIP: 000000000<br>LEI: 2NRSB4GOU9DD6CNW5R48 | Long             | EC               | CORP              | JP        |    482900 | NS      | $10083504.64  | 2.50%             |  |  |  | No            |                  2 | On Loan: No      |
| SCSK Corp                                      | SCSK Corp                                        | CUSIP: 000000000<br>LEI: 529900SNGFXMSUBB7864 | Long             | EC               | CORP              | JP        |     11500 | NS      | $349051.73    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Astellas Pharma Inc                            | Astellas Pharma Inc                              | CUSIP: 000000000<br>LEI: 529900IB708DY2HBBB35 | Long             | EC               | CORP              | JP        |    342000 | NS      | $3378147.06   | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Eisai Co Ltd                                   | Eisai Co Ltd                                     | CUSIP: 000000000<br>LEI: 353800HDEE0ZYEX4QV91 | Long             | EC               | CORP              | JP        |     45800 | NS      | $1311340.12   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Airlines Co Ltd                          | Japan Airlines Co Ltd                            | CUSIP: 000000000<br>LEI: 3538002MH5L1QZZ93477 | Long             | EC               | CORP              | JP        |     34200 | NS      | $691929.07    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Central Japan Railway Co                       | Central Japan Railway Co                         | CUSIP: 000000000<br>LEI: 353800YAR3OVUITHTG64 | Long             | EC               | CORP              | JP        |    143800 | NS      | $3141412.72   | 0.78%             |  |  |  | No            |                  2 | 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        |     40000 | NS      | $40000.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sekisui Chemical Co Ltd                        | Sekisui Chemical Co Ltd                          | CUSIP: 000000000<br>LEI: 529900KQIVT7NWFNMI70 | Long             | EC               | CORP              | JP        |     68400 | NS      | $1188234.16   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Concordia Financial Group Ltd                  | Concordia Financial Group Ltd                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    200300 | NS      | $1284048.03   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Osaka Gas Co Ltd                               | Osaka Gas Co Ltd                                 | CUSIP: 000000000<br>LEI: 353800024KMNOPQRWZ02 | Long             | EC               | CORP              | JP        |     68400 | NS      | $1741490.68   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| JFE Holdings Inc                               | JFE Holdings Inc                                 | CUSIP: 000000000<br>LEI: 3538002Y11Y03NA9B530 | Long             | EC               | CORP              | JP        |    114000 | NS      | $1351767.57   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Secom Co Ltd                                   | Secom Co Ltd                                     | CUSIP: 000000000<br>LEI: 529900TYCL9N3E9PGE47 | Long             | EC               | CORP              | JP        |     79800 | NS      | $2905847.41   | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Asahi Kasei Corp                               | Asahi Kasei Corp                                 | CUSIP: 000000000<br>LEI: 353800GPI4Z3MGDGN142 | Long             | EC               | CORP              | JP        |    239400 | NS      | $1682244.27   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Murata Manufacturing Co Ltd                    | Murata Manufacturing Co Ltd                      | CUSIP: 000000000<br>LEI: 529900QZG6DL8ZRI7140 | Long             | EC               | CORP              | JP        |    205200 | NS      | $2977212.08   | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Resona Holdings Inc                            | Resona Holdings Inc                              | CUSIP: 000000000<br>LEI: 52990067JE75XZCYYT81 | Long             | EC               | CORP              | JP        |    399000 | NS      | $3536373.14   | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| East Japan Railway Co                          | East Japan Railway Co                            | CUSIP: 000000000<br>LEI: 353800SENYJ2DSM6PS44 | Long             | EC               | CORP              | JP        |    171000 | NS      | $3583783.81   | 0.89%             |  |  |  | No            |                  2 | On Loan: No      |
| ORIX Corp                                      | ORIX Corp                                        | CUSIP: 000000000<br>LEI: 35380016EMHNBOVYE123 | Long             | EC               | CORP              | JP        |    223000 | NS      | $4725781.65   | 1.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Post Holdings Co Ltd                     | Japan Post Holdings Co Ltd                       | CUSIP: 000000000<br>LEI: 5299003D9N4JBS256X18 | Long             | EC               | CORP              | JP        |    364800 | NS      | $3574479.28   | 0.89%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyota Motor Corp                              | Toyota Motor Corp                                | CUSIP: 000000000<br>LEI: 5493006W3QUS5LMH6R84 | Long             | EC               | CORP              | JP        |   1801200 | NS      | $34291606.52  | 8.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Building Fund Inc                       | Nippon Building Fund Inc                         | CUSIP: 000000000<br>LEI: 52990053R8NL2MB32172 | Long             | EC               |  | JP        |      1438 | NS      | $1314179.02   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Inpex Corp                                     | Inpex Corp                                       | CUSIP: 000000000<br>LEI: 353800VHYYADPR6MXQ47 | Long             | EC               | CORP              | JP        |    166400 | NS      | $2225061.80   | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Tobacco Inc                              | Japan Tobacco Inc                                | CUSIP: 000000000<br>LEI: 353800Z0ENYBQO0XRJ31 | Long             | EC               | CORP              | JP        |    228000 | NS      | $6993819.45   | 1.73%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsui OSK Lines Ltd                           | Mitsui OSK Lines Ltd                             | CUSIP: 000000000<br>LEI: 353800P8O843TMAZ6S09 | Long             | EC               | CORP              | JP        |     68400 | NS      | $2424910.96   | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Ono Pharmaceutical Co Ltd                      | Ono Pharmaceutical Co Ltd                        | CUSIP: 000000000<br>LEI: 529900G26L4NG4GFJZ86 | Long             | EC               | CORP              | JP        |     68400 | NS      | $744757.88    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Honda Motor Co Ltd                             | Honda Motor Co Ltd                               | CUSIP: 000000000<br>LEI: 549300P7ZYCQJ36CCS16 | Long             | EC               | CORP              | JP        |    855000 | NS      | $8685425.75   | 2.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Exchange Group Inc                       | Japan Exchange Group Inc                         | CUSIP: 000000000<br>LEI: 353800578ADEGIJTVW07 | Long             | EC               | CORP              | JP        |     68400 | NS      | $749213.89    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Bandai Namco Holdings Inc                      | Bandai Namco Holdings Inc                        | CUSIP: 000000000<br>LEI: 3538008EFEM34VRJDQ95 | Long             | EC               | CORP              | JP        |     79800 | NS      | $2535366.09   | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| Kajima Corp                                    | Kajima Corp                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     76000 | NS      | $1872256.69   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| West Japan Railway Co                          | West Japan Railway Co                            | CUSIP: 000000000<br>LEI: 353800QGUXHZ7EBCR121 | Long             | EC               | CORP              | JP        |     91200 | NS      | $1965382.14   | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Toho Co Ltd/Tokyo                              | Toho Co Ltd/Tokyo                                | CUSIP: 000000000<br>LEI: 529900IYHHYWU4O3H185 | Long             | EC               | CORP              | JP        |     11500 | NS      | $606256.45    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Sekisui House Ltd                              | Sekisui House Ltd                                | CUSIP: 000000000<br>LEI: 529900GMNDOYQSAJAE76 | Long             | EC               | CORP              | JP        |    109900 | NS      | $2492215.90   | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Chemical Group Corp                 | Mitsubishi Chemical Group Corp                   | CUSIP: 000000000<br>LEI: 353800YNKX4RQUGAR072 | Long             | EC               | CORP              | JP        |    262200 | NS      | $1395697.98   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Estate Co Ltd                       | Mitsubishi Estate Co Ltd                         | CUSIP: 000000000<br>LEI: 353800KOFMRGOXSJ5Z65 | Long             | EC               | CORP              | JP        |    200300 | NS      | $3640247.86   | 0.90%             |  |  |  | No            |                  2 | On Loan: No      |
| FUJIFILM Holdings Corp                         | FUJIFILM Holdings Corp                           | CUSIP: 000000000<br>LEI: 529900UBKMFM0ST6H474 | Long             | EC               | CORP              | JP        |    136800 | NS      | $3087945.97   | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group Inc            | Sumitomo Mitsui Financial Group Inc              | CUSIP: 000000000<br>LEI: 35380028MYWPB6AUO129 | Long             | EC               | CORP              | JP        |    708900 | NS      | $18212297.46  | 4.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Komatsu Ltd                                    | Komatsu Ltd                                      | CUSIP: 000000000<br>LEI: 5493004LQ0B4T7QPQV17 | Long             | EC               | CORP              | JP        |    171000 | NS      | $5196894.72   | 1.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Suzuki Motor Corp                              | Suzuki Motor Corp                                | CUSIP: 000000000<br>LEI: 353800D83H0V3ZV1SV24 | Long             | EC               | CORP              | JP        |    193800 | NS      | $2459526.89   | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Chubu Electric Power Co Inc                    | Chubu Electric Power Co Inc                      | CUSIP: 000000000<br>LEI: 529900A76GOP0PGNHT63 | Long             | EC               | CORP              | JP        |    125400 | NS      | $1536042.09   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| SG Holdings Co Ltd                             | SG Holdings Co Ltd                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     68400 | NS      | $665734.58    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Steel Corp                              | Nippon Steel Corp                                | CUSIP: 000000000<br>LEI: 35380065QWQ4U2V3PA33 | Long             | EC               | CORP              | JP        |    182400 | NS      | $3669017.56   | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Bridgestone Corp                               | Bridgestone Corp                                 | CUSIP: 000000000<br>LEI: 549300DHPOF90OYYD780 | Long             | EC               | CORP              | JP        |    105600 | NS      | $4533941.14   | 1.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Sompo Holdings Inc                             | Sompo Holdings Inc                               | CUSIP: 000000000<br>LEI: 353800CWW4SRGEYEB512 | Long             | EC               | CORP              | JP        |     87400 | NS      | $2644842.16   | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Isuzu Motors Ltd                               | Isuzu Motors Ltd                                 | CUSIP: 000000000<br>LEI: 529900C0QSXVCC7AR494 | Long             | EC               | CORP              | JP        |    114000 | NS      | $1540921.22   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Electric Corp                       | Mitsubishi Electric Corp                         | CUSIP: 000000000<br>LEI: 549300TRXM9Y6561AX39 | Long             | EC               | CORP              | JP        |    358200 | NS      | $7148592.19   | 1.77%             |  |  |  | No            |                  2 | On Loan: No      |
| ENEOS Holdings Inc                             | ENEOS Holdings Inc                               | CUSIP: 000000000<br>LEI: 3538001KQ5SAOZSQTT44 | Long             | EC               | CORP              | JP        |    516400 | NS      | $2446753.86   | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyota Industries Corp                         | Toyota Industries Corp                           | CUSIP: 000000000<br>LEI: 35380000WKGEAHEMW830 | Long             | EC               | CORP              | JP        |     29900 | NS      | $3738293.73   | 0.93%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Corp                                  | Sumitomo Corp                                    | CUSIP: 000000000<br>LEI: V82KK8NH1P0JS71FJC05 | Long             | EC               | CORP              | JP        |    205200 | NS      | $5225736.96   | 1.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Shiseido Co Ltd                                | Shiseido Co Ltd                                  | CUSIP: 000000000<br>LEI: 5299008QCD0YDT5OF506 | Long             | EC               | CORP              | JP        |     22800 | NS      | $366960.78    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Chiba Bank Ltd/The                             | Chiba Bank Ltd/The                               | CUSIP: 000000000<br>LEI: FGJPAKKCTZVSKZXNBS63 | Long             | EC               | CORP              | JP        |    109900 | NS      | $998790.27    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| AGC Inc                                        | AGC Inc                                          | CUSIP: 000000000<br>LEI: JE4WFFEELMVPFZ0G1E77 | Long             | EC               | CORP              | JP        |     34200 | NS      | $1014456.32   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Nissan Motor Co Ltd                            | Nissan Motor Co Ltd                              | CUSIP: 000000000<br>LEI: 353800DRBDH1LUTNAY26 | Long             | EC               | CORP              | JP        |    421800 | NS      | $1070018.95   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Panasonic Holdings Corp                        | Panasonic Holdings Corp                          | CUSIP: 000000000<br>LEI: 254900GE1G59KGWPHX32 | Long             | EC               | CORP              | JP        |    444600 | NS      | $5095764.77   | 1.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Hulic Co Ltd                                   | Hulic Co Ltd                                     | CUSIP: 000000000<br>LEI: 3538002E12E7IHAKTB10 | Long             | EC               | CORP              | JP        |     87200 | NS      | $882913.42    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi HC Capital Inc                      | Mitsubishi HC Capital Inc                        | CUSIP: 000000000<br>LEI: 353800MZ3QX9RLMH7B09 | Long             | EC               | CORP              | JP        |    166400 | NS      | $1221858.27   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Takeda Pharmaceutical Co Ltd                   | Takeda Pharmaceutical Co Ltd                     | CUSIP: 000000000<br>LEI: 549300ZLMVP4X0OGR454 | Long             | EC               | CORP              | JP        |    200400 | NS      | $6017024.88   | 1.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Idemitsu Kosan Co Ltd                          | Idemitsu Kosan Co Ltd                            | CUSIP: 000000000<br>LEI: 549300P0R46FF6DUA630 | Long             | EC               | CORP              | JP        |    109960 | NS      | $669771.40    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| TIS Inc                                        | TIS Inc                                          | CUSIP: 000000000<br>LEI: 35380064HYEZXBQHDF07 | Long             | EC               | CORP              | JP        |     11500 | NS      | $377164.18    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Hoshizaki Corp                                 | Hoshizaki Corp                                   | CUSIP: 000000000<br>LEI: 5299001QAMLGU3SRBG20 | Long             | EC               | CORP              | JP        |      5200 | NS      | $193686.56    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Mizuho Financial Group Inc                     | Mizuho Financial Group Inc                       | CUSIP: 000000000<br>LEI: 353800CI5L6DDAN5XZ33 | Long             | EC               | CORP              | JP        |    460050 | NS      | $12793184.13  | 3.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Rakuten Group Inc                              | Rakuten Group Inc                                | CUSIP: 000000000<br>LEI: 529900IMXUCQKUL1H943 | Long             | EC               | CORP              | JP        |     98600 | NS      | $542683.93    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Nintendo Co Ltd                                | Nintendo Co Ltd                                  | CUSIP: 000000000<br>LEI: 353800FEEXU6I9M0ZF27 | Long             | EC               | CORP              | JP        |    206900 | NS      | $16880236.34  | 4.18%             |  |  |  | No            |                  2 | On Loan: No      |
| MatsukiyoCocokara & Co                         | MatsukiyoCocokara & Co                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     68400 | NS      | $1379479.55   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| KDDI Corp                                      | KDDI Corp                                        | CUSIP: 000000000<br>LEI: 5299003FU7V4I45FU310 | Long             | EC               | CORP              | JP        |    583500 | NS      | $10100682.21  | 2.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Shionogi & Co Ltd                              | Shionogi & Co Ltd                                | CUSIP: 000000000<br>LEI: 35380049VXDTHZI3DY35 | Long             | EC               | CORP              | JP        |    143800 | NS      | $2401104.10   | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Kyocera Corp                                   | Kyocera Corp                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    241500 | NS      | $2936302.85   | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Electric Industries Ltd               | Sumitomo Electric Industries Ltd                 | CUSIP: 000000000<br>LEI: 5493005SP87FL5TOS202 | Long             | EC               | CORP              | JP        |    132500 | NS      | $2779284.67   | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| NEC Corp                                       | NEC Corp                                         | CUSIP: 000000000<br>LEI: 5493000QYMPFRTEY4K28 | Long             | EC               | CORP              | JP        |     76300 | NS      | $1991684.45   | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Osaka Exchange                                 | MINI TPX IDX FUT JUN25                           | CUSIP: 000000000<br>LEI: 3538001249AILNPRUX57 | N/A              | DE               |  | JP        |       280 | NC      | $228833.00    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Taisei Corp                                    | Taisei Corp                                      | CUSIP: 000000000<br>LEI: 529900TF7XJKIOWMLQ79 | Long             | EC               | CORP              | JP        |     34200 | NS      | $1906265.93   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Kyowa Kirin Co Ltd                             | Kyowa Kirin Co Ltd                               | CUSIP: 000000000<br>LEI: 529900TBXKVTQGYA3582 | Long             | EC               | CORP              | JP        |     45800 | NS      | $748519.15    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Hankyu Hanshin Holdings Inc                    | Hankyu Hanshin Holdings Inc                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     45600 | NS      | $1226625.71   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| MEIJI Holdings Co Ltd                          | MEIJI Holdings Co Ltd                            | CUSIP: 000000000<br>LEI: 5299002D52YIP6DWMV49 | Long             | EC               | CORP              | JP        |     45800 | NS      | $1024078.76   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Kansai Electric Power Co Inc/The               | Kansai Electric Power Co Inc/The                 | CUSIP: 000000000<br>LEI: 353800PFUKP5ONPJNZ86 | Long             | EC               | CORP              | JP        |    114000 | NS      | $1293459.50   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Obayashi Corp                                  | Obayashi Corp                                    | CUSIP: 000000000<br>LEI: 529900YT4O5S0LCXWD54 | Long             | EC               | CORP              | JP        |    121200 | NS      | $1828714.36   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Yusen KK                                | Nippon Yusen KK                                  | CUSIP: 000000000<br>LEI: 353800YPW4XM0ZN5I149 | Long             | EC               | CORP              | JP        |     79800 | NS      | $2909726.73   | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Denso Corp                                     | Denso Corp                                       | CUSIP: 000000000<br>LEI: 549300RYPA10CQM3QK38 | Long             | EC               | CORP              | JP        |    125400 | NS      | $1693004.96   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Kirin Holdings Co Ltd                          | Kirin Holdings Co Ltd                            | CUSIP: 000000000<br>LEI: 353800GBVL72LLMTYM96 | Long             | EC               | CORP              | JP        |    148200 | NS      | $2126117.08   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Corp                                | Mitsubishi Corp                                  | CUSIP: 000000000<br>LEI: KVIPTY4PULAPGC1VVD26 | Long             | EC               | CORP              | JP        |    652200 | NS      | $13192989.48  | 3.27%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

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

**Name of Applicant:** iShares Trust

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer