# EDGAR Filing Document

**Accession Number:** 0000844779
**File Stem:** 0002071691-26-015446
**Filing Date:** 2026-6
**Character Count:** 35632
**Document Hash:** d9fc2c9a2509afd77d5ac0c4c23f8008
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-015446.hdr.sgml**: 20260626

**ACCESSION NUMBER**: 0002071691-26-015446

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260626

**DATE AS OF CHANGE**: 20260626

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BLACKROCK FUNDS
- **CENTRAL INDEX KEY:** 0000844779

**ORGANIZATION NAME:**
- **EIN:** 510318674
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05742
- **FILM NUMBER:** 261124706

**BUSINESS ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809
- **BUSINESS PHONE:** 800-441-7762

**MAIL ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** COMPASS CAPITAL FUNDS\
- **DATE OF NAME CHANGE:** 19961114

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PNC FUND
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NCP FUNDS
- **DATE OF NAME CHANGE:** 19890511

## Series and Classes Contracts Data

### BlackRock Emerging Markets ex-China Fund (Series ID: S000079513)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000240569 | Investor A    |  |
| C000240570 | Institutional |  |
| C000240571 | Class K       |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** BlackRock Funds

- **b. Investment Company Act file number:** 811-05742

- **c. CIK number of Registrant:** 0000844779

- **d. LEI of Registrant:** 549300OZUEVJZHOBFP42

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

  - **Street Address 1:** 100 Bellevue Parkway

  - **City:** Wilmington

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

  - **Telephone number:** 800-441-7762

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

- **a. Name of Series:** BlackRock Emerging Markets ex-China Fund

- **b. EDGAR series identifier (if any):** S000079513

- **c. LEI of Series:** 54930097DVGOQT72PU34

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

- **a. Date of fiscal year-end:** 2026-04-30

- **b. Date as of which information is reported:** 2026-04-30

**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:** $16384444.15

**Total Liabilities:** $115541.73

**Net Assets:** $16268902.42

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000240569 | 10.17%               | -12.90%              | 22.69%               |
| Class ID C000240570 | 10.16%               | -12.82%              | 22.71%               |
| Class ID C000240571 | 10.22%               | -12.82%              | 22.63%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $111074.38               | $1595693.73                                |
| Month 2  | $167514.59               | $-2480701.64                               |
| Month 3  | $641089.60               | $2656300.27                                |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BlackRock Liquidity Funds                               | BlackRock Liquidity Funds, T-Fund, Institutional Class  | CUSIP: 09248U718<br>LEI: 5493002L9DNZ83RX7V61 | Long             | STIV             | RF                | US        |    290030 | NS      | $290029.90    | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Cyrela Brazil Realty SA Empreendimentos e Participacoes | Cyrela Brazil Realty SA Empreendimentos e Participacoes | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | BR        |      8202 | NS      | $35545.64     | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Cyrela Brazil Realty SA Empreendimentos e Participacoes | Cyrela Brazil Realty SA Empreendimentos e Participacoes | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |     38680 | NS      | $182706.33    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Coupang, Inc.                                           | Coupang, Inc., Class A                                  | CUSIP: 22266T109<br>LEI: 549300XR4L1D80AK4W76 | Long             | EC               | CORP              | US        |      4549 | NS      | $90889.02     | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Fomento Economico Mexicano SAB de CV                    | Fomento Economico Mexicano SAB de CV                    | CUSIP: N/A<br>LEI: 549300A8MDWDJNMLV153       | Long             | EC               | CORP              | MX        |      3264 | NS      | $38575.31     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Financiero Banorte SAB de CV                      | Grupo Financiero Banorte SAB de CV, Class O             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MX        |      1627 | NS      | $17666.62     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Petroleo Brasileiro SA (Preference)                     | Petroleo Brasileiro SA - Petrobras (Preference)         | CUSIP: N/A<br>LEI: 5493000J801JZRCMFE49       | Long             | EP               | CORP              | BR        |     22269 | NS      | $222024.42    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Fomento Economico Mexicano SAB de CV                    | Fomento Economico Mexicano SAB de CV                    | CUSIP: 344419106<br>LEI: 549300A8MDWDJNMLV153 | Long             | EC               | CORP              | MX        |       337 | NS      | $39846.88     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Pacifico SAB de CV              | Grupo Aeroportuario del Pacifico SAB de CV              | CUSIP: 400506101<br>LEI: 4469000001BZ368XFI90 | Long             | EC               | CORP              | MX        |       483 | NS      | $121653.21    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| ICICI Bank Ltd.                                         | ICICI Bank Ltd.                                         | CUSIP: 45104G104<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |      2742 | NS      | $72909.78     | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electronics Co. Ltd.                            | Samsung Electronics Co. Ltd.                            | CUSIP: 796050888<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |        38 | NS      | $143573.03    | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Kinross Gold Corp.                                      | Kinross Gold Corp.                                      | CUSIP: 496902404<br>LEI: 254900O9KHF2A1ZXPT47 | Long             | EC               | CORP              | CA        |      5113 | NS      | $154617.12    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Polska Kasa Opieki SA                              | Bank Polska Kasa Opieki SA                              | CUSIP: N/A<br>LEI: 5493000LKS7B3UTF7H35       | Long             | EC               | CORP              | PL        |      2527 | NS      | $158186.34    | 0.97%             |  |  |  | No            |                  2 | On Loan: No      |
| MercadoLibre, Inc.                                      | MercadoLibre, Inc.                                      | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |        40 | NS      | $71705.20     | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Aneka Tambang Tbk.                                      | Aneka Tambang Tbk.                                      | CUSIP: N/A<br>LEI: 529900LRE2NALSSHMB80       | Long             | EC               | CORP              | ID        |    148700 | NS      | $32270.07     | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| CIMB Group Holdings Bhd.                                | CIMB Group Holdings Bhd.                                | CUSIP: N/A<br>LEI: 549300FYDN5UD7USZW18       | Long             | EC               | CORP              | MY        |     74200 | NS      | $143295.82    | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Reliance Industries Ltd.                                | Reliance Industries Ltd.                                | CUSIP: N/A<br>LEI: 5493003UOETFYRONLG31       | Long             | EC               | CORP              | IN        |     11646 | NS      | $176627.87    | 1.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Mahindra & Mahindra Ltd.                                | Mahindra & Mahindra Ltd.                                | CUSIP: N/A<br>LEI: 3358003B573EV4KB4Z02       | Long             | EC               | CORP              | IN        |      6319 | NS      | $207245.85    | 1.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Delta Electronics, Inc.                                 | Delta Electronics, Inc.                                 | CUSIP: N/A<br>LEI: 529900UVZWNWGDLJSM52       | Long             | EC               | CORP              | TW        |      7000 | NS      | $490878.27    | 3.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Apollo Hospitals Enterprise Ltd.                        | Apollo Hospitals Enterprise Ltd.                        | CUSIP: N/A<br>LEI: 3358005YT7JQCWYLTG43       | Long             | EC               | CORP              | IN        |      1934 | NS      | $156113.94    | 0.96%             |  |  |  | No            |                  2 | On Loan: No      |
| Elite Material Co. Ltd.                                 | Elite Material Co. Ltd.                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |      4000 | NS      | $596018.54    | 3.66%             |  |  |  | No            |                  2 | On Loan: No      |
| MediaTek, Inc.                                          | MediaTek, Inc.                                          | CUSIP: N/A<br>LEI: 254900UEGBK1I4DM4E14       | Long             | EC               | CORP              | TW        |      4000 | NS      | $333926.59    | 2.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Capitec Bank Holdings Ltd.                              | Capitec Bank Holdings Ltd.                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | ZA        |       888 | NS      | $230571.87    | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Bharti Airtel Ltd.                                      | Bharti Airtel Ltd.                                      | CUSIP: N/A<br>LEI: 335800KQ1FPKOQ84OR26       | Long             | EC               | CORP              | IN        |      6062 | NS      | $121178.94    | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| SK Hynix, Inc.                                          | SK Hynix, Inc.                                          | CUSIP: N/A<br>LEI: 988400XAIK6XISWQV045       | Long             | EC               | CORP              | KR        |      1191 | NS      | $1062096.51   | 6.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Kia Corp.                                               | Kia Corp.                                               | CUSIP: N/A<br>LEI: 988400V8MJK9N7OI5X76       | Long             | EC               | CORP              | KR        |      1761 | NS      | $181632.67    | 1.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Malayan Banking Bhd.                                    | Malayan Banking Bhd.                                    | CUSIP: N/A<br>LEI: 5493004OT3TOY404V310       | Long             | EC               | CORP              | MY        |     56200 | NS      | $156945.78    | 0.96%             |  |  |  | No            |                  2 | On Loan: No      |
| President Chain Store Corp.                             | President Chain Store Corp.                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |     10000 | NS      | $70683.70     | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank Rakyat Indonesia Persero Tbk. PT                   | Bank Rakyat Indonesia Persero Tbk. PT                   | CUSIP: N/A<br>LEI: 254900HB6S4B12GBNP64       | Long             | EC               | CORP              | ID        |    394900 | NS      | $68315.57     | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung SDI Co. Ltd.                                    | Samsung SDI Co. Ltd.                                    | CUSIP: N/A<br>LEI: 9884002AESDO4YW87G32       | Long             | EC               | CORP              | KR        |       228 | NS      | $107982.39    | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Electronics Co. Ltd.                            | Samsung Electronics Co. Ltd.                            | CUSIP: N/A<br>LEI: 9884007ER46L6N7EI764       | Long             | EC               | CORP              | KR        |      5681 | NS      | $855488.66    | 5.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Electronics Co. Ltd.                            | Samsung Electronics Co. Ltd. (Preference)               | CUSIP: N/A<br>LEI: 9884007ER46L6N7EI764       | Long             | EP               | CORP              | KR        |      2421 | NS      | $261308.04    | 1.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Sasol Ltd.                                              | Sasol Ltd.                                              | CUSIP: 803866102<br>LEI: 378900F4544561A97588 | Long             | EC               | CORP              | ZA        |      9983 | NS      | $138759.24    | 0.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co. Ltd.             | Taiwan Semiconductor Manufacturing Co. Ltd.             | CUSIP: N/A<br>LEI: 549300KB6NK5SBD14S87       | Long             | EC               | CORP              | TW        |     42000 | NS      | $2915718.49   | 17.92%            |  |  |  | No            |                  2 | On Loan: No      |
| Pan American Silver Corp.                               | Pan American Silver Corp.                               | CUSIP: 697900108<br>LEI: 549300MKTF5851TYIB83 | Long             | EC               | CORP              | CA        |      2839 | NS      | $148451.31    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Hansol Chemical Co. Ltd.                                | Hansol Chemical Co. Ltd.                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |       561 | NS      | $109771.94    | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| OTP Bank Nyrt.                                          | OTP Bank Nyrt.                                          | CUSIP: N/A<br>LEI: 529900W3MOO00A18X956       | Long             | EC               | CORP              | HU        |      2510 | NS      | $336663.61    | 2.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Sea Ltd.                                                | Sea Ltd., Class A                                       | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               | CORP              | KY        |      2037 | NS      | $172900.56    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Sociedad Quimica y Minera de Chile SA                   | Sociedad Quimica y Minera de Chile SA                   | CUSIP: 833635105<br>LEI: TJ88LXZZW5PWIN93ZC81 | Long             | EC               | CORP              | CL        |      1398 | NS      | $128853.66    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Uae Dirham                                              | Uae Dirham                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | AE        |         8 | OU      | $2.21         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| UltraTech Cement Ltd.                                   | UltraTech Cement Ltd.                                   | CUSIP: N/A<br>LEI: 335800PC9O9B4BQHG814       | Long             | EC               | CORP              | IN        |       589 | NS      | $72269.51     | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Powszechna Kasa Oszczednosci Bank Polski SA             | Powszechna Kasa Oszczednosci Bank Polski SA             | CUSIP: N/A<br>LEI: P4GTT6GF1W40CVIMFR43       | Long             | EC               | CORP              | PL        |      4769 | NS      | $124926.89    | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Axis Bank Ltd.                                          | Axis Bank Ltd.                                          | CUSIP: 05462W109<br>LEI: 549300HVNWMJPOFVNI41 | Long             | EC               | CORP              | IN        |       881 | NS      | $58762.70     | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Aldar Properties PJSC                                   | Aldar Properties PJSC                                   | CUSIP: N/A<br>LEI: 98450048CD8AEF13B480       | Long             | EC               | CORP              | AE        |     63068 | NS      | $132638.57    | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| KEC International Ltd.                                  | KEC International Ltd.                                  | CUSIP: N/A<br>LEI: 335800UCWKGDJBU7ZT31       | Long             | EC               | CORP              | IN        |     14562 | NS      | $86365.73     | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Al Rajhi Bank                                           | Al Rajhi Bank                                           | CUSIP: N/A<br>LEI: 558600BQZS4Y1DTU8589       | Long             | EC               | CORP              | SA        |      6300 | NS      | $115503.79    | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| PTT Exploration & Production PCL                        | PTT Exploration & Production PCL                        | CUSIP: N/A<br>LEI: 2549001O8YYGP5N7Q076       | Long             | EC               | CORP              | TH        |     31000 | NS      | $147183.47    | 0.90%             |  |  |  | No            |                  2 | On Loan: No      |
| Mahindra & Mahindra Ltd.                                | Mahindra & Mahindra Ltd.                                | CUSIP: N/A<br>LEI: 3358003B573EV4KB4Z02       | Long             | EC               | CORP              | IN        |      2004 | NS      | $65430.60     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| CG Power & Industrial Solutions Ltd.                    | CG Power & Industrial Solutions Ltd.                    | CUSIP: N/A<br>LEI: 335800KN5UTZKUZN2703       | Long             | EC               | CORP              | IN        |      9986 | NS      | $85788.20     | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Ez Tec Empreendimentos e Participacoes S/A              | Ez Tec Empreendimentos e Participacoes S/A              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |     64834 | NS      | $183695.02    | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Rabigh Refining & Petrochemical Co.                     | Rabigh Refining & Petrochemical Co.                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | SA        |     58712 | NS      | $232155.44    | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| KB Financial Group, Inc.                                | KB Financial Group, Inc.                                | CUSIP: N/A<br>LEI: 529900TKE4MXG3Q6GW86       | Long             | EC               | CORP              | KR        |      1644 | NS      | $180026.54    | 1.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Alchip Technologies Ltd.                                | Alchip Technologies Ltd.                                | CUSIP: N/A<br>LEI: 529900HKE9RIY07SLX84       | Long             | EC               | CORP              | KY        |      2000 | NS      | $267509.95    | 1.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Acter Group Corp. Ltd.                                  | Acter Group Corp. Ltd.                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |      6000 | NS      | $160389.22    | 0.99%             |  |  |  | No            |                  2 | On Loan: No      |
| Powszechny Zaklad Ubezpieczen SA                        | Powszechny Zaklad Ubezpieczen SA                        | CUSIP: N/A<br>LEI: QLPCKOOKVX32FUELX240       | Long             | EC               | CORP              | PL        |      7376 | NS      | $129765.05    | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| HD Hyundai Electric Co. Ltd.                            | HD Hyundai Electric Co. Ltd.                            | CUSIP: N/A<br>LEI: 988400CSDKM9UHLHGB91       | Long             | EC               | CORP              | KR        |       267 | NS      | $229598.34    | 1.41%             |  |  |  | No            |                  2 | On Loan: No      |
| ERO Copper Corp.                                        | ERO Copper Corp.                                        | CUSIP: 296006109<br>LEI: 549300KL8A21SEIO8I47 | Long             | EC               | CORP              | CA        |      6821 | NS      | $176306.04    | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC Life Insurance Co. Ltd.                            | HDFC Life Insurance Co. Ltd.                            | CUSIP: N/A<br>LEI: 335800RQI8GAFHIRGZ37       | Long             | EC               | CORP              | IN        |     24639 | NS      | $153043.55    | 0.94%             |  |  |  | No            |                  2 | On Loan: No      |
| Wiwynn Corp.                                            | Wiwynn Corp.                                            | CUSIP: N/A<br>LEI: 254900FV2R15PMKXFL69       | Long             | EC               | CORP              | TW        |      3000 | NS      | $450421.63    | 2.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Hyundai Rotem Co. Ltd.                                  | Hyundai Rotem Co. Ltd.                                  | CUSIP: N/A<br>LEI: 988400HB939UNHXTFY36       | Long             | EC               | CORP              | KR        |       961 | NS      | $175858.50    | 1.08%             |  |  |  | No            |                  2 | On Loan: No      |
| ASE Technology Holding Co. Ltd.                         | ASE Technology Holding Co. Ltd.                         | CUSIP: N/A<br>LEI: 300300GO8QHPMV87NZ73       | Long             | EC               | CORP              | TW        |     12000 | NS      | $188095.89    | 1.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Godrej Properties Ltd.                                  | Godrej Properties Ltd.                                  | CUSIP: N/A<br>LEI: 335800KM3Y5NZWXOE183       | Long             | EC               | CORP              | IN        |      4710 | NS      | $91461.49     | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| HDFC Bank Ltd.                                          | HDFC Bank Ltd.                                          | CUSIP: N/A<br>LEI: 335800ZQ6I4E2JXENC50       | Long             | EC               | CORP              | IN        |     19788 | NS      | $161847.52    | 0.99%             |  |  |  | No            |                  2 | On Loan: No      |
| SK Square Co. Ltd.                                      | SK Square Co. Ltd.                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |      1183 | NS      | $688507.09    | 4.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Rede D'Or Sao Luiz SA                                   | Rede D'Or Sao Luiz SA                                   | CUSIP: N/A<br>LEI: 9269004BEA774D836A73       | Long             | EC               | CORP              | BR        |     28421 | NS      | $220053.54    | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Axis Bank Ltd.                                          | Axis Bank Ltd.                                          | CUSIP: N/A<br>LEI: 549300HVNWMJPOFVNI41       | Long             | EC               | CORP              | IN        |      3535 | NS      | $47413.46     | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Varun Beverages Ltd.                                    | Varun Beverages Ltd.                                    | CUSIP: N/A<br>LEI: 33580058NWEMWBDNMD48       | Long             | EC               | CORP              | IN        |     19345 | NS      | $105372.19    | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Brazilian Real                                          | Brazilian Real                                          | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | BR        |        -2 | OU      | $-0.31        | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Sanil Electric Co. Ltd.                                 | Sanil Electric Co. Ltd.                                 | CUSIP: N/A<br>LEI: 988400KW0ZAP6QNYIX16       | Long             | EC               | CORP              | KR        |       643 | NS      | $117377.72    | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Vishal Mega Mart Ltd.                                   | Vishal Mega Mart Ltd.                                   | CUSIP: N/A<br>LEI: 335800AL4QPSIFSU3936       | Long             | EC               | CORP              | IN        |    104542 | NS      | $135411.37    | 0.83%             |  |  |  | No            |                  2 | On Loan: No      |
| ICICI Bank Ltd.                                         | ICICI Bank Ltd.                                         | CUSIP: N/A<br>LEI: R7RX8ER1V4666J8D1I38       | Long             | EC               | CORP              | IN        |      6382 | NS      | $85635.85     | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Alpha Bank SA                                           | Alpha Bank SA                                           | CUSIP: N/A<br>LEI: 213800DBQIB6VBNU5C64       | Long             | EC               | CORP              | GR        |     58671 | NS      | $235460.49    | 1.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Wal-Mart de Mexico SAB de CV                            | Wal-Mart de Mexico SAB de CV                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MX        |     26215 | NS      | $82643.62     | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| EURO                                                    | EURO                                                    | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | XX        |        -0 | OU      | $-0.01        | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| XP, Inc.                                                | XP, Inc., Class A                                       | CUSIP: N/A<br>LEI: 5493008KDA8NBZRJST80       | Long             | EC               | CORP              | KY        |      1958 | NS      | $37515.28     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Forint                                                  | Forint                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | HU        |         1 | OU      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Rupiah                                                  | Rupiah                                                  | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | ID        |        -1 | OU      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Indian Rupee                                            | Indian Rupee                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | IN        |     12364 | OU      | $130.26       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Won                                                     | Won                                                     | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | KR        |       -50 | OU      | $-0.03        | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Mexican Peso                                            | Mexican Peso                                            | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | MX        |        -0 | OU      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                     | Axis Bank Ltd.                                          | CUSIP: 05462W109<br>LEI: N/A                  | N/A              | DE               |  | GB        |       444 | NS      | $-2442.00     | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                     | FPT Corp.                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     12520 | NS      | $-1641.01     | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                     | ICICI Bank Ltd.                                         | CUSIP: 45104G104<br>LEI: N/A                  | N/A              | DE               |  | US        |      4157 | NS      | $-6164.78     | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                     | FPT Corp.                                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | GB        |      6680 | NS      | $-872.85      | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| Philippine Peso                                         | Philippine Peso                                         | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | PH        |        -0 | OU      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| New Turkish Lira                                        | New Turkish Lira                                        | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | TR        |        -0 | OU      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| New Taiwan Dollar                                       | New Taiwan Dollar                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | TW        |         3 | OU      | $0.11         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Rand                                                    | Rand                                                    | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | ZA        |        -0 | OU      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-30

**Name of Applicant:** BlackRock Funds

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer