# EDGAR Filing Document

**Accession Number:** 0000844779
**File Stem:** 0001410368-26-066691
**Filing Date:** 2026-6
**Character Count:** 165120
**Document Hash:** e3ddb950ae0ed01cd54a0a62396c5aeb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-066691.hdr.sgml**: 20260625

**ACCESSION NUMBER**: 0001410368-26-066691

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260625

**DATE AS OF CHANGE**: 20260625

**PERIOD START**: 20270131

**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:** 261121615

**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

### iShares Developed Real Estate Index Fund (Series ID: S000050371)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000159045 | Investor A    |  |
| C000159046 | Institutional |  |
| C000159047 | Class K       |  |

## Nport-Ex

April 30, 2026

2026 Quarterly Report <br>&nbsp;&nbsp;&nbsp;&nbsp;(Unaudited)<br>

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

---

| |
|:---|
| **BlackRock Funds**<sup>SM</sup> |
| • iShares Developed Real Estate Index Fund |

---

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

**Not FDIC Insured • May Lose Value • No Bank Guarantee**<br>

------

Schedule of Investments (unaudited)

April 30, 2026

**iShares Developed Real Estate Index Fund** 

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

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

---

| | | |
|:---|:---|:---|
| *Security* | <br>*Shares*<br>| *Value* |
| **Common Stocks** | **Common Stocks** | **Common Stocks** |
| **Diversified REITs — 6.5%** | **Diversified REITs — 6.5%** |  |
| Activia Properties, Inc. | 316 | &nbsp;&nbsp; $283392 |
| AEW U.K. REIT PLC | 29690 | &nbsp;&nbsp; 41613 |
| American Assets Trust, Inc. | 7838 | &nbsp;&nbsp; 162560 |
| Argosy Property Ltd.<sup>(a)</sup> | 114810 | &nbsp;&nbsp; 73250 |
| Aspen Group Ltd./Australia | 31480 | &nbsp;&nbsp; 109626 |
| British Land Co. PLC | 147032 | &nbsp;&nbsp; 778015 |
| Broadstone Net Lease, Inc. | 27933 | &nbsp;&nbsp; 553073 |
| CapitaLand Integrated Commercial Trust | 875413 | &nbsp;&nbsp; 1630470 |
| Charter Hall Group | 69640 | &nbsp;&nbsp; 1025524 |
| Charter Hall Long Wale REIT | 101840 | &nbsp;&nbsp; 258631 |
| Covivio SA/France | 7990 | &nbsp;&nbsp; 528442 |
| Custodian Property Income REIT PLC | 61237 | &nbsp;&nbsp; 69735 |
| Daiwa House REIT Investment Corp. | 611 | &nbsp;&nbsp; 491392 |
| Essential Properties Realty Trust, Inc. | 29217 | &nbsp;&nbsp; 918290 |
| Global Net Lease, Inc. | 29544 | &nbsp;&nbsp; 282441 |
| GPT Group | 284940 | &nbsp;&nbsp; 982714 |
| Growthpoint Properties Australia Ltd. | 38160 | &nbsp;&nbsp; 60395 |
| H&R Real Estate Investment Trust | 39334 | &nbsp;&nbsp; 309552 |
| Hankyu Hanshin REIT, Inc. | 96 | &nbsp;&nbsp; 91592 |
| Heiwa Real Estate REIT, Inc. | 157 | &nbsp;&nbsp; 147535 |
| Hulic REIT, Inc. | 181 | &nbsp;&nbsp; 188847 |
| ICADE | 6699 | &nbsp;&nbsp; 161275 |
| KDX Realty Investment Corp. | 546 | &nbsp;&nbsp; 570302 |
| Land Securities Group PLC | 110224 | &nbsp;&nbsp; 886894 |
| Mapletree Pan Asia Commercial Trust | 337747 | &nbsp;&nbsp; 343191 |
| Merlin Properties Socimi SA | 61790 | &nbsp;&nbsp; 1080533 |
| Mirai Corp. | 249 | &nbsp;&nbsp; 73191 |
| Mirvac Group | 577623 | &nbsp;&nbsp; 713622 |
| Mori Trust Reit, Inc. | 349 | &nbsp;&nbsp; 169276 |
| Nomura Real Estate Master Fund, Inc. | 605 | &nbsp;&nbsp; 623723 |
| NTT UD REIT Investment Corp. | 192 | &nbsp;&nbsp; 168263 |
| OUE Real Estate Investment Trust | 366800 | &nbsp;&nbsp; 105187 |
| Picton Property Income Ltd. | 78555 | &nbsp;&nbsp; 82522 |
| Schroder Real Estate Investment Trust Ltd. | 72307 | &nbsp;&nbsp; 47080 |
| Sekisui House REIT, Inc. | 577 | &nbsp;&nbsp; 313276 |
| Shaftesbury Capital PLC | 219215 | &nbsp;&nbsp; 398226 |
| Sirius Real Estate Ltd. | 226406 | &nbsp;&nbsp; 308390 |
| Star Asia Investment Corp. | 384 | &nbsp;&nbsp; 138157 |
| Stockland | 356044 | &nbsp;&nbsp; 1044169 |
| Stoneweg Europe Stapled Trust<sup>(b)</sup> | 53300 | &nbsp;&nbsp; 97216 |
| Stride Property Group<sup>(b)</sup> | 78670 | &nbsp;&nbsp; 51586 |
| Sunlight Real Estate Investment Trust | 174000 | &nbsp;&nbsp; 51910 |
| Suntec Real Estate Investment Trust | 305500 | &nbsp;&nbsp; 359472 |
| Takara Leben Real Estate Investment Corp. | 124 | &nbsp;&nbsp; 69745 |
| United Urban Investment Corp. | 475 | &nbsp;&nbsp; 535818 |
| WP Carey, Inc. | 32013 | &nbsp;&nbsp; 2334708 |
|  |  | &nbsp;&nbsp; 19714821 |
| **Health Care Providers & Services — 0.3%** | **Health Care Providers & Services — 0.3%** |  |
| Chartwell Retirement Residences | 46680 | &nbsp;&nbsp; 740227 |
| **Health Care REITs — 13.6%** | **Health Care REITs — 13.6%** |  |
| Aedifica SA | 12440 | &nbsp;&nbsp; 1048709 |
| Alexandria Real Estate Equities, Inc. | 25378 | &nbsp;&nbsp; 1028063 |
| American Healthcare REIT, Inc. | 26267 | &nbsp;&nbsp; 1333838 |
| Care Property Invest NV | 6313 | &nbsp;&nbsp; 95876 |
| CareTrust REIT, Inc. | 32778 | &nbsp;&nbsp; 1293092 |
| Cofinimmo SA | 1124 | &nbsp;&nbsp; 110860 |
| Diversified Healthcare Trust | 31536 | &nbsp;&nbsp; 237781 |
| Health Care & Medical Investment Corp. | 45 | &nbsp;&nbsp; 33208 |
| Healthcare Realty Trust, Inc. | 48103 | &nbsp;&nbsp; 899526 |

---

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **Health Care REITs (continued)** | **Health Care REITs (continued)** |  |
| Healthpeak Properties, Inc. | 102647 | &nbsp;&nbsp; $1659802 |
| LTC Properties, Inc. | 7141 | &nbsp;&nbsp; 272929 |
| Medical Properties Trust, Inc. | 72781 | &nbsp;&nbsp; 359538 |
| National Health Investors, Inc. | 6944 | &nbsp;&nbsp; 534063 |
| Omega Healthcare Investors, Inc. | 43780 | &nbsp;&nbsp; 2056347 |
| Parkway Life Real Estate Investment Trust | 64200 | &nbsp;&nbsp; 203137 |
| Primary Health Properties PLC | 366509 | &nbsp;&nbsp; 466291 |
| Sabra Health Care REIT, Inc. | 36509 | &nbsp;&nbsp; 754276 |
| Sila Realty Trust, Inc. | 8041 | &nbsp;&nbsp; 244688 |
| Target Healthcare REIT PLC | 94690 | &nbsp;&nbsp; 134519 |
| Ventas, Inc. | 69307 | &nbsp;&nbsp; 6089313 |
| Vital Healthcare Property Trust | 75736 | &nbsp;&nbsp; 85232 |
| Vital Infrastructure Property Trust | 33344 | &nbsp;&nbsp; 136729 |
| Welltower, Inc. | 101784 | &nbsp;&nbsp; 22121734 |
|  |  | &nbsp;&nbsp; 41199551 |
| **Hotel & Resort REITs — 2.1%** | **Hotel & Resort REITs — 2.1%** |  |
| Apple Hospitality REIT, Inc. | 32291 | &nbsp;&nbsp; 434960 |
| CapitaLand Ascott Trust<sup>(b)</sup> | 391533 | &nbsp;&nbsp; 275843 |
| CDL Hospitality Trusts<sup>(b)</sup> | 118454 | &nbsp;&nbsp; 75545 |
| DiamondRock Hospitality Co. | 30135 | &nbsp;&nbsp; 307377 |
| Far East Hospitality Trust<sup>(b)</sup> | 158200 | &nbsp;&nbsp; 71468 |
| Hoshino Resorts REIT, Inc. | 83 | &nbsp;&nbsp; 134242 |
| Host Hotels & Resorts, Inc. | 101343 | &nbsp;&nbsp; 2141378 |
| Invincible Investment Corp. | 1046 | &nbsp;&nbsp; 411546 |
| Japan Hotel REIT Investment Corp. | 809 | &nbsp;&nbsp; 404292 |
| Park Hotels & Resorts, Inc. | 26880 | &nbsp;&nbsp; 308314 |
| Pebblebrook Hotel Trust | 16946 | &nbsp;&nbsp; 238091 |
| RLJ Lodging Trust | 17821 | &nbsp;&nbsp; 146845 |
| Ryman Hospitality Properties, Inc. | 9102 | &nbsp;&nbsp; 956529 |
| Sunstone Hotel Investors, Inc. | 27520 | &nbsp;&nbsp; 270246 |
| Xenia Hotels & Resorts, Inc. | 14229 | &nbsp;&nbsp; 231506 |
|  |  | &nbsp;&nbsp; 6408182 |
| **Hotels, Restaurants & Leisure — 0.0%** | **Hotels, Restaurants & Leisure — 0.0%** |  |
| PPHE Hotel Group Ltd. | 2759 | &nbsp;&nbsp; 56631 |
| **Industrial REITs — 14.8%** | **Industrial REITs — 14.8%** |  |
| AIMS APAC REIT | 92732 | &nbsp;&nbsp; 110014 |
| Americold Realty Trust, Inc. | 42308 | &nbsp;&nbsp; 517427 |
| ARGAN SA | 2604 | &nbsp;&nbsp; 187819 |
| CapitaLand Ascendas REIT | 595367 | &nbsp;&nbsp; 1170173 |
| Centuria Industrial REIT | 92436 | &nbsp;&nbsp; 200455 |
| CRE Logistics REIT, Inc. | 88 | &nbsp;&nbsp; 87076 |
| Dexus Industria REIT | 46360 | &nbsp;&nbsp; 82871 |
| Dream Industrial Real Estate Investment Trust | 43004 | &nbsp;&nbsp; 433095 |
| EastGroup Properties, Inc. | 7850 | &nbsp;&nbsp; 1579420 |
| ESR-REIT | 82123 | &nbsp;&nbsp; 156344 |
| First Industrial Realty Trust, Inc. | 18915 | &nbsp;&nbsp; 1172919 |
| Frasers Logistics & Commercial Trust | 410900 | &nbsp;&nbsp; 310532 |
| GLP J-REIT | 647 | &nbsp;&nbsp; 559985 |
| Goodman Group | 293702 | &nbsp;&nbsp; 6363272 |
| &nbsp;&nbsp;&nbsp; Goodman New Zealand Ltd. & Goodman Property <br> Services NZ Ltd.<sup>(b)</sup><br>| 140455 | &nbsp;&nbsp; 156820 |
| Granite Real Estate Investment Trust | 8918 | &nbsp;&nbsp; 603156 |
| Industrial & Infrastructure Fund Investment Corp. | 357 | &nbsp;&nbsp; 334147 |
| Innovative Industrial Properties, Inc. | 4072 | &nbsp;&nbsp; 220906 |
| Japan Logistics Fund, Inc. | 372 | &nbsp;&nbsp; 226580 |
| LaSalle Logiport REIT | 240 | &nbsp;&nbsp; 234597 |
| Lineage, Inc. | 10665 | &nbsp;&nbsp; 393325 |
| LondonMetric Property PLC | 333746 | &nbsp;&nbsp; 859087 |
| LXP Industrial Trust | 8594 | &nbsp;&nbsp; 437606 |
| Mapletree Industrial Trust | 308810 | &nbsp;&nbsp; 479233 |
| Mapletree Logistics Trust | 501909 | &nbsp;&nbsp; 483187 |

---

------

Schedule of Investments (unaudited)(continued)

April 30, 2026

**iShares Developed Real Estate Index Fund** 

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

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **Industrial REITs (continued)** | **Industrial REITs (continued)** |  |
| Mitsubishi Estate Logistics REIT Investment Corp. | 196 | &nbsp;&nbsp; $152255 |
| Mitsui Fudosan Logistics Park, Inc. | 448 | &nbsp;&nbsp; 321522 |
| Montea NV | 3079 | &nbsp;&nbsp; 254416 |
| Nippon Prologis REIT, Inc. | 1059 | &nbsp;&nbsp; 604737 |
| Prologis, Inc. | 137306 | &nbsp;&nbsp; 19500198 |
| Rexford Industrial Realty, Inc. | 34716 | &nbsp;&nbsp; 1245957 |
| Segro PLC | 199108 | &nbsp;&nbsp; 1885947 |
| SOSiLA Logistics REIT, Inc. | 104 | &nbsp;&nbsp; 81643 |
| STAG Industrial, Inc. | 27639 | &nbsp;&nbsp; 1066313 |
| Terreno Realty Corp. | 15040 | &nbsp;&nbsp; 980608 |
| Tritax Big Box REIT PLC | 365709 | &nbsp;&nbsp; 750654 |
| Warehouses De Pauw CVA | 27658 | &nbsp;&nbsp; 726969 |
|  |  | &nbsp;&nbsp; 44931265 |
| **IT Services — 0.4%** | **IT Services — 0.4%** |  |
| NEXTDC Ltd.<sup>(a)(c)</sup> | 111144 | &nbsp;&nbsp; 1153669 |
| SUNeVision Holdings Ltd. | 94000 | &nbsp;&nbsp; 73994 |
|  |  | &nbsp;&nbsp; 1227663 |
| **Office REITs — 4.2%** | **Office REITs — 4.2%** |  |
| Abacus Group | 67735 | &nbsp;&nbsp; 49889 |
| Allied Properties Real Estate Investment Trust<sup>(a)</sup> | 26032 | &nbsp;&nbsp; 188578 |
| BXP, Inc. | 23501 | &nbsp;&nbsp; 1373868 |
| Centuria Office REIT | 81502 | &nbsp;&nbsp; 54863 |
| Champion REIT | 281000 | &nbsp;&nbsp; 83904 |
| Colonial SFL Socimi SA | 58104 | &nbsp;&nbsp; 372663 |
| COPT Defense Properties | 16468 | &nbsp;&nbsp; 514625 |
| Cousins Properties, Inc. | 24560 | &nbsp;&nbsp; 628982 |
| Cromwell Property Group | 270747 | &nbsp;&nbsp; 78277 |
| Daiwa Office Investment Corp. | 78 | &nbsp;&nbsp; 166733 |
| Derwent London PLC | 16262 | &nbsp;&nbsp; 380477 |
| Dexus | 158228 | &nbsp;&nbsp; 713791 |
| Douglas Emmett, Inc. | 19997 | &nbsp;&nbsp; 216168 |
| Easterly Government Properties, Inc. | 6252 | &nbsp;&nbsp; 146359 |
| Empire State Realty Trust, Inc., Class A | 20882 | &nbsp;&nbsp; 116313 |
| Gecina SA | 7691 | &nbsp;&nbsp; 650230 |
| Global One Real Estate Investment Corp. | 143 | &nbsp;&nbsp; 111680 |
| Great Portland Estates PLC | 57488 | &nbsp;&nbsp; 241877 |
| Helical PLC | 14789 | &nbsp;&nbsp; 38518 |
| Highwoods Properties, Inc. | 16268 | &nbsp;&nbsp; 395475 |
| Ichigo Office REIT Investment Corp. | 139 | &nbsp;&nbsp; 80620 |
| Japan Excellent, Inc. | 167 | &nbsp;&nbsp; 152647 |
| Japan Prime Realty Investment Corp. | 541 | &nbsp;&nbsp; 342455 |
| Japan Real Estate Investment Corp. | 981 | &nbsp;&nbsp; 750842 |
| JBG SMITH Properties | 9134 | &nbsp;&nbsp; 137010 |
| Keppel REIT | 516458 | &nbsp;&nbsp; 363620 |
| Kilroy Realty Corp. | 17246 | &nbsp;&nbsp; 573602 |
| Mori Hills REIT Investment Corp. | 205 | &nbsp;&nbsp; 175715 |
| Nippon Building Fund, Inc. | 1192 | &nbsp;&nbsp; 998187 |
| Nippon REIT Investment Corp. | 246 | &nbsp;&nbsp; 140634 |
| NSI NV | 2281 | &nbsp;&nbsp; 45457 |
| One REIT, Inc. | 99 | &nbsp;&nbsp; 49472 |
| Orix JREIT, Inc. | 776 | &nbsp;&nbsp; 491707 |
| Piedmont Realty Trust, Inc., Class A<sup>(c)</sup> | 18617 | &nbsp;&nbsp; 155638 |
| Precinct Properties Group<sup>(b)</sup> | 271703 | &nbsp;&nbsp; 165324 |
| Prosperity REIT | 227000 | &nbsp;&nbsp; 41734 |
| Regional REIT Ltd.<sup>(d)</sup> | 18818 | &nbsp;&nbsp; 22201 |
| Sankei Real Estate, Inc. | 52 | &nbsp;&nbsp; 41386 |
| SL Green Realty Corp. | 10528 | &nbsp;&nbsp; 446493 |
| Tokyu REIT, Inc. | 120 | &nbsp;&nbsp; 148004 |

---

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **Office REITs (continued)** | **Office REITs (continued)** |  |
| Vornado Realty Trust | 26320 | &nbsp;&nbsp; $786705 |
| Workspace Group PLC | 21521 | &nbsp;&nbsp; 98807 |
|  |  | &nbsp;&nbsp; 12731530 |
| **Real Estate Management & Development — 13.5%** | **Real Estate Management & Development — 13.5%** |  |
| Allreal Holding AG, Registered Shares | 2163 | &nbsp;&nbsp; 590695 |
| Amot Investments Ltd. | 35022 | &nbsp;&nbsp; 239385 |
| Aroundtown SA<sup>(c)</sup> | 125064 | &nbsp;&nbsp; 361598 |
| Atrium Ljungberg AB, B Shares | 34208 | &nbsp;&nbsp; 109855 |
| Azrieli Group Ltd. | 5442 | &nbsp;&nbsp; 867999 |
| CA Immobilien Anlagen AG | 4713 | &nbsp;&nbsp; 150454 |
| CapitaLand Investment Ltd. | 333800 | &nbsp;&nbsp; 732063 |
| Castellum AB | 50563 | &nbsp;&nbsp; 647203 |
| Catena AB | 6358 | &nbsp;&nbsp; 299921 |
| Cibus Real Estate AB publ | 11492 | &nbsp;&nbsp; 182846 |
| City Developments Ltd. | 57600 | &nbsp;&nbsp; 370710 |
| Citycon OYJ | 3625 | &nbsp;&nbsp; 13955 |
| Corem Property Group AB, B Shares | 125523 | &nbsp;&nbsp; 43576 |
| Deutsche EuroShop AG | 1894 | &nbsp;&nbsp; 43880 |
| Deutsche Wohnen SE | 7220 | &nbsp;&nbsp; 167611 |
| Dios Fastigheter AB | 14515 | &nbsp;&nbsp; 100047 |
| Entra ASA<sup>(d)</sup> | 6538 | &nbsp;&nbsp; 74239 |
| Fabege AB | 29058 | &nbsp;&nbsp; 244141 |
| Fastighets AB Balder, B Shares<sup>(c)</sup> | 101683 | &nbsp;&nbsp; 608285 |
| FastPartner AB, Class A | 6797 | &nbsp;&nbsp; 29153 |
| Grand City Properties SA<sup>(c)</sup> | 4789 | &nbsp;&nbsp; 53901 |
| Heba Fastighets AB, Class B | 9612 | &nbsp;&nbsp; 26495 |
| Heiwa Real Estate Co. Ltd. | 6000 | &nbsp;&nbsp; 93091 |
| Henderson Land Development Co. Ltd. | 194000 | &nbsp;&nbsp; 766825 |
| Hiag Immobilien Holding AG | 621 | &nbsp;&nbsp; 108408 |
| Hongkong Land Holdings Ltd. | 147900 | &nbsp;&nbsp; 1169302 |
| Hufvudstaden AB, A Shares | 13187 | &nbsp;&nbsp; 175622 |
| Hulic Co. Ltd. | 68100 | &nbsp;&nbsp; 768064 |
| Hysan Development Co. Ltd. | 86000 | &nbsp;&nbsp; 215585 |
| Intea Fastigheter AB, Class B<sup>(c)</sup> | 20884 | &nbsp;&nbsp; 166706 |
| Intershop Holding AG | 716 | &nbsp;&nbsp; 155415 |
| Investis Holding SA | 402 | &nbsp;&nbsp; 81805 |
| Kennedy-Wilson Holdings, Inc. | 17897 | &nbsp;&nbsp; 195077 |
| LEG Immobilien SE | 11134 | &nbsp;&nbsp; 781258 |
| Lifestyle Communities Ltd.<sup>(c)</sup> | 16588 | &nbsp;&nbsp; 56679 |
| Logistea AB, Class B | 42845 | &nbsp;&nbsp; 64968 |
| Lumo Kodit OYJ | 22336 | &nbsp;&nbsp; 212732 |
| Melisron Ltd. | 3586 | &nbsp;&nbsp; 528794 |
| Mitsubishi Estate Co. Ltd. | 161500 | &nbsp;&nbsp; 4602463 |
| Mitsui Fudosan Co. Ltd. | 382300 | &nbsp;&nbsp; 4186959 |
| Mobimo Holding AG, Registered Shares | 1074 | &nbsp;&nbsp; 512705 |
| Neobo Fastigheter AB<sup>(c)</sup> | 15518 | &nbsp;&nbsp; 27161 |
| New World Development Co. Ltd.<sup>(c)</sup> | 205507 | &nbsp;&nbsp; 224258 |
| Nomura Real Estate Holdings, Inc. | 77300 | &nbsp;&nbsp; 504324 |
| NP3 Fastigheter AB | 4524 | &nbsp;&nbsp; 127700 |
| Nyfosa AB | 23541 | &nbsp;&nbsp; 170832 |
| Pandox AB | 15979 | &nbsp;&nbsp; 293178 |
| Peach Property Group AG<sup>(c)</sup> | 6956 | &nbsp;&nbsp; 44335 |
| Platzer Fastigheter Holding AB, Class B | 9228 | &nbsp;&nbsp; 69064 |
| PSP Swiss Property AG, Registered Shares | 6797 | &nbsp;&nbsp; 1358523 |
| Public Property Invest AS | 37068 | &nbsp;&nbsp; 78579 |
| Sagax AB, Class B | 31450 | &nbsp;&nbsp; 625883 |
| Samhallsbyggnadsbolaget i Norden AB<sup>(c)</sup> | 130539 | &nbsp;&nbsp; 47506 |
| Sino Land Co. Ltd. | 555405 | &nbsp;&nbsp; 890630 |
| Stendorren Fastigheter AB<sup>(c)</sup> | 2315 | &nbsp;&nbsp; 47043 |
| StorageVault Canada, Inc. | 31680 | &nbsp;&nbsp; 102619 |
| Sumitomo Realty & Development Co. Ltd. | 96300 | &nbsp;&nbsp; 2985261 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

April 30, 2026

**iShares Developed Real Estate Index Fund** 

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

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **Real Estate Management & Development (continued)** | **Real Estate Management & Development (continued)** |  |
| Sun Hung Kai Properties Ltd. | 206500 | &nbsp;&nbsp; $3615211 |
| Sveafastigheter AB<sup>(c)</sup> | 9655 | &nbsp;&nbsp; 35244 |
| Swedish Logistic Property AB, Class B<sup>(c)</sup> | 29437 | &nbsp;&nbsp; 120678 |
| Swire Properties Ltd. | 145200 | &nbsp;&nbsp; 463454 |
| Swiss Prime Site AG, Registered Shares | 11916 | &nbsp;&nbsp; 2064991 |
| TAG Immobilien AG | 28290 | &nbsp;&nbsp; 493347 |
| Tokyo Tatemono Co. Ltd. | 28400 | &nbsp;&nbsp; 653506 |
| Tosei Corp. | 8200 | &nbsp;&nbsp; 85198 |
| UOL Group Ltd. | 66700 | &nbsp;&nbsp; 557993 |
| VGP NV | 2046 | &nbsp;&nbsp; 210048 |
| Vonovia SE | 105655 | &nbsp;&nbsp; 2846683 |
| Wallenstam AB, B Shares | 50926 | &nbsp;&nbsp; 216568 |
| Wharf Real Estate Investment Co. Ltd. | 228000 | &nbsp;&nbsp; 713980 |
| Wihlborgs Fastigheter AB | 40542 | &nbsp;&nbsp; 358426 |
|  |  | &nbsp;&nbsp; 40832693 |
| **Residential REITs — 9.6%** | **Residential REITs — 9.6%** |  |
| Advance Residence Investment Corp. | 375 | &nbsp;&nbsp; 386605 |
| Altarea SCA | 1127 | &nbsp;&nbsp; 148124 |
| American Homes 4 Rent, Class A | 50610 | &nbsp;&nbsp; 1611422 |
| AvalonBay Communities, Inc. | 21050 | &nbsp;&nbsp; 3852150 |
| Boardwalk Real Estate Investment Trust | 5895 | &nbsp;&nbsp; 294587 |
| Camden Property Trust | 15630 | &nbsp;&nbsp; 1641463 |
| Canadian Apartment Properties REIT | 22597 | &nbsp;&nbsp; 608531 |
| Centerspace | 2518 | &nbsp;&nbsp; 171904 |
| Comforia Residential REIT, Inc. | 296 | &nbsp;&nbsp; 208200 |
| Daiwa Securities Living Investments Corp. | 289 | &nbsp;&nbsp; 198772 |
| Equity LifeStyle Properties, Inc. | 28438 | &nbsp;&nbsp; 1799841 |
| Equity Residential | 56061 | &nbsp;&nbsp; 3665268 |
| Essex Property Trust, Inc. | 9433 | &nbsp;&nbsp; 2482860 |
| Grainger PLC | 110134 | &nbsp;&nbsp; 240233 |
| Home Invest Belgium SA | 1348 | &nbsp;&nbsp; 30392 |
| Home REIT PLC<sup>(c)</sup> | 728153 | &nbsp;&nbsp; 98093 |
| Independence Realty Trust, Inc. | 35154 | &nbsp;&nbsp; 573362 |
| Ingenia Communities Group | 63371 | &nbsp;&nbsp; 183660 |
| InterRent Real Estate Investment Trust | 19543 | &nbsp;&nbsp; 189912 |
| Invitation Homes, Inc. | 90565 | &nbsp;&nbsp; 2605555 |
| Irish Residential Properties REIT PLC | 75396 | &nbsp;&nbsp; 94860 |
| Killam Apartment Real Estate Investment Trust<sup>(a)</sup> | 18055 | &nbsp;&nbsp; 226360 |
| Mid-America Apartment Communities, Inc. | 17222 | &nbsp;&nbsp; 2224738 |
| Mitsui Fudosan Accommodations Fund, Inc. | 353 | &nbsp;&nbsp; 294702 |
| NexPoint Residential Trust, Inc. | 3606 | &nbsp;&nbsp; 104177 |
| Residential Secure Income PLC<sup>(d)</sup> | 22581 | &nbsp;&nbsp; 16224 |
| Samty Residential Investment Corp. | 43 | &nbsp;&nbsp; 28604 |
| Social Housing REIT PLC<sup>(d)</sup> | 61243 | &nbsp;&nbsp; 60752 |
| Starts Proceed Investment Corp. | 37 | &nbsp;&nbsp; 45897 |
| Sun Communities, Inc. | 18086 | &nbsp;&nbsp; 2312114 |
| UDR, Inc. | 48808 | &nbsp;&nbsp; 1773683 |
| UMH Properties, Inc. | 11590 | &nbsp;&nbsp; 180225 |
| UNITE Group PLC | 68493 | &nbsp;&nbsp; 431627 |
| Veris Residential, Inc. | 11461 | &nbsp;&nbsp; 217415 |
| Xior Student Housing NV | 5806 | &nbsp;&nbsp; 188217 |
|  |  | &nbsp;&nbsp; 29190529 |
| **Retail REITs — 16.3%** | **Retail REITs — 16.3%** |  |
| Acadia Realty Trust | 19718 | &nbsp;&nbsp; 426303 |
| AEON REIT Investment Corp. | 247 | &nbsp;&nbsp; 198048 |
| Agree Realty Corp. | 16652 | &nbsp;&nbsp; 1284036 |
| Ascencio | 957 | &nbsp;&nbsp; 56037 |
| Brixmor Property Group, Inc. | 44837 | &nbsp;&nbsp; 1349145 |
| BWP Property Group Ltd.<sup>(b)</sup> | 82731 | &nbsp;&nbsp; 234192 |
| Carmila SA | 9242 | &nbsp;&nbsp; 184592 |
| Charter Hall Retail REIT | 85640 | &nbsp;&nbsp; 242994 |

---

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **Retail REITs (continued)** | **Retail REITs (continued)** |  |
| Choice Properties Real Estate Investment Trust | 41011 | &nbsp;&nbsp; $454990 |
| Crombie Real Estate Investment Trust | 15921 | &nbsp;&nbsp; 198668 |
| Curbline Properties Corp. | 14320 | &nbsp;&nbsp; 395232 |
| Eurocommercial Properties NV | 6194 | &nbsp;&nbsp; 203199 |
| Federal Realty Investment Trust | 12649 | &nbsp;&nbsp; 1402774 |
| First Capital Real Estate Investment Trust | 31445 | &nbsp;&nbsp; 541465 |
| Fortune Real Estate Investment Trust | 218000 | &nbsp;&nbsp; 135590 |
| Frasers Centrepoint Trust | 189070 | &nbsp;&nbsp; 348422 |
| Frontier Real Estate Investment Corp. | 361 | &nbsp;&nbsp; 197385 |
| Fukuoka REIT Corp. | 115 | &nbsp;&nbsp; 132516 |
| Getty Realty Corp. | 7944 | &nbsp;&nbsp; 263105 |
| Hamborner REIT AG | 10385 | &nbsp;&nbsp; 59048 |
| Hammerson PLC | 75910 | &nbsp;&nbsp; 340046 |
| HomeCo Daily Needs REIT | 259661 | &nbsp;&nbsp; 238828 |
| Immobiliare Grande Distribuzione SIIQ SpA | 10026 | &nbsp;&nbsp; 50212 |
| InvenTrust Properties Corp. | 11527 | &nbsp;&nbsp; 370247 |
| Japan Metropolitan Fund Invest | 985 | &nbsp;&nbsp; 728581 |
| Kimco Realty Corp. | 98705 | &nbsp;&nbsp; 2333386 |
| Kite Realty Group Trust | 31572 | &nbsp;&nbsp; 825924 |
| Kiwi Property Group Ltd. | 223878 | &nbsp;&nbsp; 121014 |
| Klepierre SA | 30993 | &nbsp;&nbsp; 1255719 |
| Lendlease Global Commercial REIT | 404235 | &nbsp;&nbsp; 181029 |
| Link REIT | 384121 | &nbsp;&nbsp; 1934161 |
| Macerich Co. | 37614 | &nbsp;&nbsp; 817352 |
| Mercialys SA | 13768 | &nbsp;&nbsp; 201648 |
| NETSTREIT Corp. | 12816 | &nbsp;&nbsp; 263625 |
| NewRiver REIT PLC | 62770 | &nbsp;&nbsp; 64061 |
| NNN REIT, Inc. | 27900 | &nbsp;&nbsp; 1221741 |
| Phillips Edison & Co., Inc. | 18432 | &nbsp;&nbsp; 740321 |
| Primaris Real Estate Investment Trust | 17347 | &nbsp;&nbsp; 240982 |
| Realty Income Corp. | 135540 | &nbsp;&nbsp; 8707090 |
| Regency Centers Corp. | 26762 | &nbsp;&nbsp; 2083422 |
| Region Group | 168736 | &nbsp;&nbsp; 282165 |
| Retail Estates NV | 1770 | &nbsp;&nbsp; 141119 |
| RioCan Real Estate Investment Trust | 43507 | &nbsp;&nbsp; 680943 |
| Scentre Group | 770830 | &nbsp;&nbsp; 2071367 |
| Simon Property Group, Inc. | 47958 | &nbsp;&nbsp; 9769524 |
| SmartCentres Real Estate Investment Trust<sup>(a)</sup> | 18937 | &nbsp;&nbsp; 393281 |
| Starhill Global REIT | 220300 | &nbsp;&nbsp; 95414 |
| Supermarket Income REIT PLC | 178475 | &nbsp;&nbsp; 203274 |
| Tanger, Inc. | 16810 | &nbsp;&nbsp; 623315 |
| Unibail-Rodamco-Westfield | 17996 | &nbsp;&nbsp; 2184848 |
| Urban Edge Properties | 18826 | &nbsp;&nbsp; 412666 |
| Vastned NV<sup>(c)</sup> | 1344 | &nbsp;&nbsp; 47795 |
| Vicinity Ltd. | 569425 | &nbsp;&nbsp; 1035485 |
| Waypoint REIT Ltd. | 91544 | &nbsp;&nbsp; 163366 |
| Wereldhave NV | 5796 | &nbsp;&nbsp; 149885 |
|  |  | &nbsp;&nbsp; 49281577 |
| **Specialized REITs — 18.0%** | **Specialized REITs — 18.0%** |  |
| Abacus Storage King | 54518 | &nbsp;&nbsp; 56022 |
| Arena REIT | 58053 | &nbsp;&nbsp; 139123 |
| Big Yellow Group PLC | 27027 | &nbsp;&nbsp; 331728 |
| Charter Hall Social Infrastructure REIT | 46577 | &nbsp;&nbsp; 87186 |
| CubeSmart | 33338 | &nbsp;&nbsp; 1349522 |
| DigiCo Infrastructure REIT | 62444 | &nbsp;&nbsp; 109331 |
| Digital Core REIT Management Pte. Ltd. | 133300 | &nbsp;&nbsp; 68828 |
| Digital Realty Trust, Inc. | 50929 | &nbsp;&nbsp; 10233673 |
| EPR Properties | 11033 | &nbsp;&nbsp; 615752 |
| Equinix, Inc. | 14466 | &nbsp;&nbsp; 15664219 |
| Extra Space Storage, Inc. | 31183 | &nbsp;&nbsp; 4469459 |
| Four Corners Property Trust, Inc. | 15415 | &nbsp;&nbsp; 394162 |
| Gaming and Leisure Properties, Inc. | 40040 | &nbsp;&nbsp; 1940339 |

---

------

Schedule of Investments (unaudited)(continued)

April 30, 2026

**iShares Developed Real Estate Index Fund** 

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

---

| | | |
|:---|:---|:---|
| *Security* | <br> *Shares*<br>| *Value* |
| **Specialized REITs (continued)** | **Specialized REITs (continued)** |  |
| Iron Mountain, Inc. | 43427 | &nbsp;&nbsp; $5471368 |
| Keppel DC REIT | 288415 | &nbsp;&nbsp; 533779 |
| National Storage Affiliates Trust | 10539 | &nbsp;&nbsp; 448540 |
| Public Storage | 23379 | &nbsp;&nbsp; 7070979 |
| Safehold, Inc. | 8836 | &nbsp;&nbsp; 141553 |
| Safestore Holdings PLC | 32349 | &nbsp;&nbsp; 294266 |
| Shurgard Self Storage Ltd. | 4710 | &nbsp;&nbsp; 144878 |
| Smartstop Self Storage REIT, Inc. | 8459 | &nbsp;&nbsp; 266289 |
| VICI Properties, Inc. | 160669 | &nbsp;&nbsp; 4691535 |
|  |  | &nbsp;&nbsp; 54522531 |
| **Total Long-Term Investments — 99.3%** <br>**(Cost: $197,080,735)** | **Total Long-Term Investments — 99.3%** <br>**(Cost: $197,080,735)** | &nbsp;&nbsp; 300837200 |
| **Short-Term Securities** | **Short-Term Securities** | **Short-Term Securities** |
| **Money Market Funds — 1.4%** | **Money Market Funds — 1.4%** |  |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Institutional, SL Agency Shares, <br> 3.83%<sup>(e)(f)(g)</sup><br>| 1428982 | &nbsp;&nbsp; 1429411 |
| &nbsp;&nbsp;&nbsp; BlackRock Cash Funds: Treasury, SL Agency Shares, <br> 3.61%<sup>(e)(f)</sup><br>| 2832548 | &nbsp;&nbsp; 2832548 |
| **Total Short-Term Securities — 1.4%** <br>**(Cost: $4,262,010)** | **Total Short-Term Securities — 1.4%** <br>**(Cost: $4,262,010)** | &nbsp;&nbsp; 4261959 |
| **Total Investments — 100.7%** <br>**(Cost: $201,342,745)** | **Total Investments — 100.7%** <br>**(Cost: $201,342,745)** | &nbsp;&nbsp; 305099159 |
| **Liabilities in Excess of Other Assets — (0.7)%** | **Liabilities in Excess of Other Assets — (0.7)%** | &nbsp;&nbsp; (2088929)<br>|
| **Net Assets — 100.0%** | **Net Assets — 100.0%** | &nbsp;&nbsp; $303010230 |

---

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

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

<sup>(b)</sup> A security contractually bound to one or more other securities to form a single saleable unit which cannot be sold separately. 

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

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

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

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

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

For purposes of this report, industry and sector sub-classifications may differ from those utilized by the Fund for compliance purposes.

**Affiliates**

Investments in issuers considered to be affiliate(s) of the Fund during the period ended April 30, 2026 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| *Affiliated Issuer* | *Value at* <br>*01/31/26*<br>| *Purchases* <br>*at Cost*<br>| *Net* <br>*Realized* <br>*Gain (Loss)*<br>| *Change in* <br>*Unrealized* <br>*Appreciation* <br>*(Depreciation)*<br>| *Value at* <br>*04/30/26*<br>| *Shares* <br>*Held at* <br>*04/30/26*<br>| *Income* | *Capital Gain* <br>*Distributions* <br>*from* <br>*Underlying* <br>*Funds*<br>|
| BlackRock Cash Funds: Institutional, SL Agency Shares | $1625549 | $—<br> $(195675 )<sup>(a)</sup><br>| &nbsp;&nbsp; $(412)<br>| $(51)<br>| $1429411 | 1428982 | $1302 <br><sup>(b)</sup><br>| &nbsp;&nbsp; $— |
| BlackRock Cash Funds: Treasury, SL Agency Shares | 3047991 | —<br> (215443 )<sup>(a)</sup><br>| &nbsp;&nbsp; — |  | 2832548 | 2832548 | 13239 | &nbsp;&nbsp; — |
|  |  |  | &nbsp;&nbsp; $(412)<br>| $(51)<br>| $4261959 |  | $14541 | &nbsp;&nbsp; $— |

---

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

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

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

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

**Futures Contracts** 

---

| | | | | |
|:---|:---|:---|:---|:---|
| *Description* | *Number of* <br>*Contracts*<br>| &nbsp;&nbsp;&nbsp; *Expiration* <br>*Date*<br>| &nbsp;&nbsp;&nbsp; *Notional* <br>*Amount (000)*<br>| &nbsp;&nbsp;&nbsp; *Value/* <br>*Unrealized* <br>*Appreciation* <br>&nbsp;&nbsp;&nbsp;&nbsp;*(Depreciation)*<br>|
| Long Contracts  |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Dow Jones U.S. Real Estate Index | &nbsp;&nbsp; 69 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | &nbsp;&nbsp;&nbsp;&nbsp; $2689 | &nbsp;&nbsp;&nbsp;&nbsp; $47871 |
| &nbsp;&nbsp;&nbsp; SPI 200 Index | &nbsp;&nbsp; 3 | &nbsp;&nbsp;&nbsp;&nbsp; 06/18/26 | &nbsp;&nbsp;&nbsp;&nbsp; 468 | &nbsp;&nbsp;&nbsp;&nbsp; (12442)<br>|
|  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp; $35429 |

---

Schedule of Investments

------

Schedule of Investments (unaudited)(continued)

April 30, 2026

**iShares Developed Real Estate Index Fund** 

**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:

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• 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;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Diversified REITs | &nbsp;&nbsp; $7592950 | &nbsp;&nbsp;&nbsp;&nbsp; $12121871 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $19714821 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health Care Providers & Services | &nbsp;&nbsp; 740227 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 740227 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health Care REITs | &nbsp;&nbsp; 39337346 | &nbsp;&nbsp;&nbsp;&nbsp; 1862205 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 41199551 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hotel & Resort REITs | &nbsp;&nbsp; 5106714 | &nbsp;&nbsp;&nbsp;&nbsp; 1301468 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 6408182 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hotels, Restaurants & Leisure | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 56631 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 56631 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Industrial REITs | &nbsp;&nbsp; 29664129 | &nbsp;&nbsp;&nbsp;&nbsp; 15267136 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 44931265 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; IT Services | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1227663 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1227663 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Office REITs | &nbsp;&nbsp; 8555613 | &nbsp;&nbsp;&nbsp;&nbsp; 4175917 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 12731530 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Real Estate Management & Development | &nbsp;&nbsp; 3713710 | &nbsp;&nbsp;&nbsp;&nbsp; 37118983 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 40832693 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Residential REITs | &nbsp;&nbsp; 27674840 | &nbsp;&nbsp;&nbsp;&nbsp; 1515689 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 29190529 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retail REITs | &nbsp;&nbsp; 37815238 | &nbsp;&nbsp;&nbsp;&nbsp; 11466339 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 49281577 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Specialized REITs | &nbsp;&nbsp; 53470570 | &nbsp;&nbsp;&nbsp;&nbsp; 1051961 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 54522531 |
| &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; 4261959 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 4261959 |
|  | &nbsp;&nbsp; $217933296 | &nbsp;&nbsp;&nbsp;&nbsp; $87165863 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $305099159 |
| Derivative Financial Instruments<sup>(a)</sup> <br>|  |  |  |  |
| &nbsp;&nbsp;&nbsp; Assets  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity Contracts | &nbsp;&nbsp; $47871 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $47871 |
| &nbsp;&nbsp;&nbsp; Liabilities  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Equity Contracts | &nbsp;&nbsp; (12442)<br>| &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; (12442)<br>|
|  | &nbsp;&nbsp; $35429 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $35429 |

---

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

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

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

---

| | |
|:---|:---|
| **Portfolio Abbreviation**  | **Portfolio Abbreviation**  |
| CVA | Certificaten Van Aandelen (Dutch Certificate) |
| REIT | Real Estate Investment Trust |
| SCA | Societe en Commandite par Actions |

---

------

## 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:** iShares Developed Real Estate Index Fund

- **b. EDGAR series identifier (if any):** S000050371

- **c. LEI of Series:** 549300CCO72SBIYZNP24

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

- **a. Date of fiscal year-end:** 2027-01-31

- **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:** $307728575.60

**Total Liabilities:** $3123352.92

**Net Assets:** $304605222.68

**Cash Not Reported:** $711342.00

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000159047 | 7.11%                | -8.41%               | 8.29%                |
| Class ID C000159045 | 7.12%                | -8.42%               | 8.22%                |
| Class ID C000159046 | 7.09%                | -8.39%               | 8.25%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $95354.20                | $19404549.61                               |
| Month 2  | $66644.87                | $-26425252.01                              |
| Month 3  | $-153897.78              | $22446605.29                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| LondonMetric Property PLC                                  | LondonMetric Property PLC                                  | CUSIP: 000000000<br>LEI: 213800OCERWWPQDURL87 | Long             | EC               |  | GB        |    327952 | NS      | $844173.31    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Health Care & Medical Investment Corp                      | Health Care & Medical Investment Corp                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |        45 | NS      | $33208.46     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Independence Realty Trust Inc                              | Independence Realty Trust Inc                              | CUSIP: 45378A106<br>LEI: 549300Z3L8NU44NQEB29 | Long             | EC               |  | US        |     35154 | NS      | $573361.74    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Centuria Industrial REIT                                   | Centuria Industrial REIT                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |     92436 | NS      | $200454.72    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Great Portland Estates PLC                                 | Great Portland Estates PLC                                 | CUSIP: 000000000<br>LEI: 213800JMEDD2Q4N1MC42 | Long             | EC               |  | GB        |     57488 | NS      | $241877.21    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Daiwa Securities Living Investments Corp                   | Daiwa Securities Living Investments Corp                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |       289 | NS      | $198772.46    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Schroder Real Estate Investment Trust Ltd                  | Schroder Real Estate Investment Trust Ltd                  | CUSIP: 000000000<br>LEI: 549300ZIJJTMTIIQJP67 | Long             | EC               |  | GG        |     72307 | NS      | $47080.44     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Omega Healthcare Investors Inc                             | Omega Healthcare Investors Inc                             | CUSIP: 681936100<br>LEI: 549300OJ7ENK42CZ8E73 | Long             | EC               |  | US        |     43465 | NS      | $2041551.05   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| LEG Immobilien SE                                          | LEG Immobilien SE                                          | CUSIP: 000000000<br>LEI: 391200SO40AKONBO0Z96 | Long             | EC               | CORP              | DE        |     11134 | NS      | $781257.88    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Castellum AB                                               | Castellum AB                                               | CUSIP: 000000000<br>LEI: 549300GU5OHTR1T5IY68 | Long             | EC               | CORP              | SE        |     50563 | NS      | $647203.16    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Equity Residential                                         | Equity Residential                                         | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               | CORP              | US        |     55821 | NS      | $3649576.98   | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| AEON REIT Investment Corp                                  | AEON REIT Investment Corp                                  | CUSIP: 000000000<br>LEI: 353800P59F8MJB4FE788 | Long             | EC               |  | JP        |       247 | NS      | $198048.25    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Mapletree Pan Asia Commercial Trust                        | Mapletree Pan Asia Commercial Trust                        | CUSIP: 000000000<br>LEI: 549300BF18K4IC5LZ208 | Long             | EC               |  | SG        |    337747 | NS      | $343190.54    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Derwent London PLC                                         | Derwent London PLC                                         | CUSIP: 000000000<br>LEI: 213800BXKQ9KZNUR1M61 | Long             | EC               |  | GB        |     16262 | NS      | $380477.19    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Orix JREIT Inc                                             | Orix JREIT Inc                                             | CUSIP: 000000000<br>LEI: 353800WVNTBIU65TA247 | Long             | EC               |  | JP        |       776 | NS      | $491707.07    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Shaftesbury Capital PLC                                    | Shaftesbury Capital PLC                                    | CUSIP: 000000000<br>LEI: 549300TTXXZ1SHUI0D54 | Long             | EC               |  | GB        |    219215 | NS      | $398226.17    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Arena REIT                                                 | Arena REIT                                                 | CUSIP: 000000000<br>LEI: 984500FEAC9A1C1FC967 | Long             | EC               |  | AU        |     58053 | NS      | $139123.24    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Wihlborgs Fastigheter AB                                   | Wihlborgs Fastigheter AB                                   | CUSIP: 000000000<br>LEI: 549300RC1YDJPITF8X06 | Long             | EC               | CORP              | SE        |     38834 | NS      | $343326.21    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Welltower Inc                                              | Welltower Inc                                              | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               |  | US        |    101311 | NS      | $22018932.74  | 7.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Property Invest AS                                  | Public Property Invest AS                                  | CUSIP: 000000000<br>LEI: 254900QSCB9T0W2KE886 | Long             | EC               | CORP              | NO        |     37068 | NS      | $78579.50     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ASX Clear (Futures)                                        | SPI 200 FUTURES JUN26                                      | CUSIP: 000000000<br>LEI: 549300ZD7BBOVZFVHK49 | N/A              | DE               |  | AU        |         3 | NC      | $-12441.91    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Peach Property Group AG                                    | Peach Property Group AG                                    | CUSIP: 000000000<br>LEI: 506700A49L5C69NZ5J96 | Long             | EC               | CORP              | CH        |      6956 | NS      | $44334.65     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Chartwell Retirement Residences                            | Chartwell Retirement Residences                            | CUSIP: 16141A103<br>LEI: 549300M7UBEIZBWP4069 | Long             | EC               | CORP              | CA        |     46680 | NS      | $740226.89    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Picton Property Income Ltd                                 | Picton Property Income Ltd                                 | CUSIP: 000000000<br>LEI: 213800RYE59K9CKR4497 | Long             | EC               |  | GG        |     78555 | NS      | $82521.93     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Tanger Inc                                                 | Tanger Inc                                                 | CUSIP: 875465106<br>LEI: UKEW8YSXE4Y581KYOL30 | Long             | EC               |  | US        |     16406 | NS      | $608334.48    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| NSI NV                                                     | NSI NV                                                     | CUSIP: 000000000<br>LEI: 724500I77C30W2LZZJ03 | Long             | EC               |  | NL        |      2281 | NS      | $45457.07     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Swire Properties Ltd                                       | Swire Properties Ltd                                       | CUSIP: 000000000<br>LEI: 5299001L12PHYVQ92465 | Long             | EC               | CORP              | HK        |    145200 | NS      | $463453.56    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Prosperity REIT                                            | Prosperity REIT                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | HK        |    227000 | NS      | $41733.80     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Highwoods Properties Inc                                   | Highwoods Properties Inc                                   | CUSIP: 431284108<br>LEI: ZIIGTYKL9T0X3HLTDX53 | Long             | EC               |  | US        |     16268 | NS      | $395475.08    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Realty Income Corp                                         | Realty Income Corp                                         | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |    134910 | NS      | $8666618.40   | 2.85%             |  |  |  | No            |                  1 | On Loan: No      |
| CRE Logistics REIT Inc                                     | CRE Logistics REIT Inc                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |        88 | NS      | $87076.06     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Citycon Oyj                                                | Citycon Oyj                                                | CUSIP: 000000000<br>LEI: 549300P8N0P6KDGTJ206 | Long             | EC               | CORP              | FI        |      3625 | NS      | $13954.69     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Platzer Fastigheter Holding AB                             | Platzer Fastigheter Holding AB                             | CUSIP: 000000000<br>LEI: 5493009KPII4BZE70820 | Long             | EC               | CORP              | SE        |      9228 | NS      | $69064.45     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Catena AB                                                  | Catena AB                                                  | CUSIP: 000000000<br>LEI: 549300EMLM7AH5LDLY65 | Long             | EC               | CORP              | SE        |      6358 | NS      | $299921.03    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Sirius Real Estate Ltd                                     | Sirius Real Estate Ltd                                     | CUSIP: 000000000<br>LEI: 213800NURUF5W8QSK566 | Long             | EC               |  | GG        |    226406 | NS      | $308389.99    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Hulic Reit Inc                                             | Hulic Reit Inc                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |       181 | NS      | $188846.76    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Mobimo Holding AG                                          | Mobimo Holding AG                                          | CUSIP: 000000000<br>LEI: 50670018HN8O1GD3O385 | Long             | EC               | CORP              | CH        |      1074 | NS      | $512704.93    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Excellent Inc                                        | Japan Excellent Inc                                        | CUSIP: 000000000<br>LEI: 35380015J62221TE0D86 | Long             | EC               |  | JP        |       167 | NS      | $152647.31    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Heiwa Real Estate REIT Inc                                 | Heiwa Real Estate REIT Inc                                 | CUSIP: 000000000<br>LEI: 3538003GH25628YW4R98 | Long             | EC               |  | JP        |       157 | NS      | $147534.85    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Entra ASA                                                  | Entra ASA                                                  | CUSIP: 000000000<br>LEI: 549300APU14LQKTYCH34 | Long             | EC               | CORP              | NO        |      6538 | NS      | $74238.52     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Nomura Real Estate Master Fund Inc                         | Nomura Real Estate Master Fund Inc                         | CUSIP: 000000000<br>LEI: 353800TNNZOQ1CPZE086 | Long             | EC               |  | JP        |       605 | NS      | $623723.29    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Essential Properties Realty Trust Inc                      | Essential Properties Realty Trust Inc                      | CUSIP: 29670E107<br>LEI: 2549009LXQLVYCGLZO50 | Long             | EC               |  | US        |     29217 | NS      | $918290.31    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Dios Fastigheter AB                                        | Dios Fastigheter AB                                        | CUSIP: 000000000<br>LEI: 549300G3VF7LZQ9IW435 | Long             | EC               | CORP              | SE        |     14515 | NS      | $100046.56    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Land Securities Group PLC                                  | Land Securities Group PLC                                  | CUSIP: 000000000<br>LEI: 213800V8IAVKS37D6B88 | Long             | EC               |  | GB        |    110224 | NS      | $886893.67    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Hankyu Hanshin REIT Inc                                    | Hankyu Hanshin REIT Inc                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |        96 | NS      | $91592.25     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| LaSalle Logiport REIT                                      | LaSalle Logiport REIT                                      | CUSIP: 000000000<br>LEI: 353800II3DI1RPKBB314 | Long             | EC               |  | JP        |       240 | NS      | $234596.88    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Scentre Group                                              | Scentre Group                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |    764202 | NS      | $2053556.19   | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Carmila SA                                                 | Carmila SA                                                 | CUSIP: 000000000<br>LEI: 222100P6D3QKU33LZQ72 | Long             | EC               |  | FR        |      9242 | NS      | $184592.06    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Four Corners Property Trust Inc                            | Four Corners Property Trust Inc                            | CUSIP: 35086T109<br>LEI: 549300SVTPZPBDVNER42 | Long             | EC               |  | US        |     15415 | NS      | $394161.55    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| WP Carey Inc                                               | WP Carey Inc                                               | CUSIP: 92936U109<br>LEI: 54930042CRNE713E3Q67 | Long             | EC               |  | US        |     32013 | NS      | $2334708.09   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| UDR Inc                                                    | UDR Inc                                                    | CUSIP: 902653104<br>LEI: P3CH2EG5X6Z1XWU1OO74 | Long             | EC               |  | US        |     48808 | NS      | $1773682.72   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Nyfosa AB                                                  | Nyfosa AB                                                  | CUSIP: 000000000<br>LEI: 5493000YR2B83SILCJ50 | Long             | EC               | CORP              | SE        |     23541 | NS      | $170831.77    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Sila Realty Trust Inc                                      | Sila Realty Trust Inc                                      | CUSIP: 146280508<br>LEI: 549300HXH142HWKKSW59 | Long             | EC               |  | US        |      8041 | NS      | $244687.63    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Growthpoint Properties Australia Ltd                       | Growthpoint Properties Australia Ltd                       | CUSIP: 000000000<br>LEI: 529900VCPJ9IEDF4TJ03 | Long             | EC               |  | AU        |     38160 | NS      | $60395.02     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Retail Estates NV                                          | Retail Estates NV                                          | CUSIP: 000000000<br>LEI: 5493007CO5W5OBFG7L21 | Long             | EC               |  | BE        |      1770 | NS      | $141118.76    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Ventas Inc                                                 | Ventas Inc                                                 | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               |  | US        |     68985 | NS      | $6061022.10   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| NTT UD REIT Investment Corp                                | NTT UD REIT Investment Corp                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |       192 | NS      | $168262.91    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Daiwa House REIT Investment Corp                           | Daiwa House REIT Investment Corp                           | CUSIP: 000000000<br>LEI: 3538001FWU534P8JMO05 | Long             | EC               |  | JP        |       592 | NS      | $476111.70    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyo Tatemono Co Ltd                                      | Tokyo Tatemono Co Ltd                                      | CUSIP: 000000000<br>LEI: 529900RQA4JTW1869J86 | Long             | EC               | CORP              | JP        |     28400 | NS      | $653505.93    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| UMH Properties Inc                                         | UMH Properties Inc                                         | CUSIP: 903002103<br>LEI: 529900OM5K3PJ11F0Q09 | Long             | EC               |  | US        |     11590 | NS      | $180224.50    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| SmartCentres Real Estate Investment Trust                  | SmartCentres Real Estate Investment Trust                  | CUSIP: 83179X108<br>LEI: 549300HKEP2IYWZ14H97 | Long             | EC               |  | CA        |     18937 | NS      | $393280.65    | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Altarea SCA                                                | Altarea SCA                                                | CUSIP: 000000000<br>LEI: 969500ICGCY1PD6OT783 | Long             | EC               |  | FR        |      1127 | NS      | $148124.44    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Starhill Global REIT                                       | Starhill Global REIT                                       | CUSIP: 000000000<br>LEI: 549300GCJNC7HDN3YK51 | Long             | EC               |  | SG        |    220300 | NS      | $95414.06     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Easterly Government Properties Inc                         | Easterly Government Properties Inc                         | CUSIP: 27616P301<br>LEI: 549300ERMCEFC6S8HL77 | Long             | EC               |  | US        |      6252 | NS      | $146359.32    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Global One Real Estate Investment Corp                     | Global One Real Estate Investment Corp                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |       143 | NS      | $111680.45    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Starts Proceed Investment Corp                             | Starts Proceed Investment Corp                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |        37 | NS      | $45896.97     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Cibus Real Estate AB publ                                  | Cibus Real Estate AB publ                                  | CUSIP: 000000000<br>LEI: 549300PW36MFK96GCR23 | Long             | EC               | CORP              | SE        |     11492 | NS      | $182846.37    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| KDX Realty Investment Corp                                 | KDX Realty Investment Corp                                 | CUSIP: 000000000<br>LEI: 353800FFT483NCIHFY42 | Long             | EC               |  | JP        |       546 | NS      | $570301.78    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Colonial SFL Socimi SA                                     | Colonial SFL Socimi SA                                     | CUSIP: 000000000<br>LEI: 95980020140005007414 | Long             | EC               |  | ES        |     58104 | NS      | $372663.39    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Americold Realty Trust Inc                                 | Americold Realty Trust Inc                                 | CUSIP: 03064D108<br>LEI: 894500O3S3W62PQPO460 | Long             | EC               |  | US        |     42308 | NS      | $517426.84    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Regency Centers Corp                                       | Regency Centers Corp                                       | CUSIP: 758849103<br>LEI: 529900053A7X7FJ97S58 | Long             | EC               | CORP              | US        |     26576 | NS      | $2068941.60   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Covivio SA/France                                          | Covivio SA/France                                          | CUSIP: 000000000<br>LEI: 969500P8M3W2XX376054 | Long             | EC               |  | FR        |      7990 | NS      | $528442.04    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsui Fudosan Co Ltd                                      | Mitsui Fudosan Co Ltd                                      | CUSIP: 000000000<br>LEI: 353800ND4ZKNZDYKMF33 | Long             | EC               | CORP              | JP        |    380600 | NS      | $4168340.17   | 1.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Goodman New Zealand Ltd & Goodman Property Services NZ Ltd | Goodman New Zealand Ltd & Goodman Property Services NZ Ltd | CUSIP: 000000000<br>LEI: 213800EWCLT1H1U94486 | Long             | EC               |  | NZ        |    140455 | NS      | $156820.51    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Irish Residential Properties REIT PLC                      | Irish Residential Properties REIT PLC                      | CUSIP: 000000000<br>LEI: 635400EOPACLULRENY18 | Long             | EC               |  | IE        |     75396 | NS      | $94859.66     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| TAG Immobilien AG                                          | TAG Immobilien AG                                          | CUSIP: 000000000<br>LEI: 529900TAE68USJNXLR59 | Long             | EC               | CORP              | DE        |     28290 | NS      | $493347.06    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Global Net Lease Inc                                       | Global Net Lease Inc                                       | CUSIP: 379378201<br>LEI: 549300NUYANCT5SU8Z65 | Long             | EC               |  | US        |     29544 | NS      | $282440.64    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| British Land Co PLC/The                                    | British Land Co PLC/The                                    | CUSIP: 000000000<br>LEI: RV5B68J2GV3QGMRPW209 | Long             | EC               |  | GB        |    147032 | NS      | $778014.60    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| SOSiLA Logistics REIT Inc                                  | SOSiLA Logistics REIT Inc                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |       104 | NS      | $81642.87     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Abacus Storage King                                        | Abacus Storage King                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |     54518 | NS      | $56021.52     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| UOL Group Ltd                                              | UOL Group Ltd                                              | CUSIP: 000000000<br>LEI: 254900O9PRCWTMR86R25 | Long             | EC               | CORP              | SG        |     66700 | NS      | $557993.03    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Keppel DC REIT                                             | Keppel DC REIT                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | SG        |    288415 | NS      | $533779.39    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Mapletree Logistics Trust                                  | Mapletree Logistics Trust                                  | CUSIP: 000000000<br>LEI: 549300M9EBZIYH387075 | Long             | EC               |  | SG        |    501909 | NS      | $483186.79    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Dexus                                                      | Dexus                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |    154831 | NS      | $698466.12    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| United Urban Investment Corp                               | United Urban Investment Corp                               | CUSIP: 000000000<br>LEI: 353800GYZWBD7BDCN841 | Long             | EC               |  | JP        |       461 | NS      | $520025.55    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Nomura Real Estate Holdings Inc                            | Nomura Real Estate Holdings Inc                            | CUSIP: 000000000<br>LEI: 353800UZ91CT24OL9P59 | Long             | EC               | CORP              | JP        |     77300 | NS      | $504324.35    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| CubeSmart                                                  | CubeSmart                                                  | CUSIP: 229663109<br>LEI: 549300MPHKO3I3FJRA97 | Long             | EC               |  | US        |     33338 | NS      | $1349522.24   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| NP3 Fastigheter AB                                         | NP3 Fastigheter AB                                         | CUSIP: 000000000<br>LEI: 549300MGVITW8GYJHZ50 | Long             | EC               | CORP              | SE        |      4524 | NS      | $127700.08    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Sun Communities Inc                                        | Sun Communities Inc                                        | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               |  | US        |     18086 | NS      | $2312114.24   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Centerspace                                                | Centerspace                                                | CUSIP: 15202L107<br>LEI: 5493002LG2SH9EEHT720 | Long             | EC               |  | US        |      2518 | NS      | $171903.86    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| RLJ Lodging Trust                                          | RLJ Lodging Trust                                          | CUSIP: 74965L101<br>LEI: N/A                  | Long             | EC               |  | US        |     17821 | NS      | $146845.04    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Merlin Properties Socimi SA                                | Merlin Properties Socimi SA                                | CUSIP: 000000000<br>LEI: 959800L8KD863DP30X04 | Long             | EC               |  | ES        |     61790 | NS      | $1080533.34   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Grand City Properties SA                                   | Grand City Properties SA                                   | CUSIP: 000000000<br>LEI: 5299002QLUYKK2WBMB18 | Long             | EC               | CORP              | LU        |      4789 | NS      | $53901.21     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Killam Apartment Real Estate Investment Trust              | Killam Apartment Real Estate Investment Trust              | CUSIP: 49410M102<br>LEI: 2549001RZSL75H60JE41 | Long             | EC               |  | CA        |     18055 | NS      | $226360.40    | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Sveafastigheter AB                                         | Sveafastigheter AB                                         | CUSIP: 000000000<br>LEI: 636700W1VM86O2G2AA36 | Long             | EC               | CORP              | SE        |      9655 | NS      | $35244.50     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Precinct Properties Group                                  | Precinct Properties Group                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | NZ        |    271703 | NS      | $165323.85    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Hotel REIT Investment Corp                           | Japan Hotel REIT Investment Corp                           | CUSIP: 000000000<br>LEI: 353800L8KG849FP1JI68 | Long             | EC               |  | JP        |       809 | NS      | $404291.87    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Charter Hall Retail REIT                                   | Charter Hall Retail REIT                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |     85640 | NS      | $242994.32    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Home Invest Belgium SA                                     | Home Invest Belgium SA                                     | CUSIP: 000000000<br>LEI: 54930090SCENRBKUJO67 | Long             | EC               |  | BE        |      1348 | NS      | $30391.58     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Ascencio                                                   | Ascencio                                                   | CUSIP: 000000000<br>LEI: 549300PHFI20T3WJRO63 | Long             | EC               |  | BE        |       957 | NS      | $56037.08     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| BXP Inc                                                    | BXP Inc                                                    | CUSIP: 101121101<br>LEI: 549300OF70FSEUQBT254 | Long             | EC               | CORP              | US        |     23249 | NS      | $1359136.54   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Keppel REIT                                                | Keppel REIT                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | SG        |    495058 | NS      | $348552.65    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Prologis Inc                                               | Prologis Inc                                               | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |    136668 | NS      | $19409589.36  | 6.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsubishi Estate Logistics REIT Investment Corp           | Mitsubishi Estate Logistics REIT Investment Corp           | CUSIP: 000000000<br>LEI: 353800YYSGZU31ICQK38 | Long             | EC               |  | JP        |       196 | NS      | $152254.83    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Primaris Real Estate Investment Trust                      | Primaris Real Estate Investment Trust                      | CUSIP: 74167K109<br>LEI: 549300WUM45OXSEVOT03 | Long             | EC               |  | CA        |     17347 | NS      | $240981.99    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Phillips Edison & Co Inc                                   | Phillips Edison & Co Inc                                   | CUSIP: 71844V201<br>LEI: 549300JPN4YHYPXTJQ85 | Long             | EC               |  | US        |     18432 | NS      | $740321.28    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| CA Immobilien Anlagen AG                                   | CA Immobilien Anlagen AG                                   | CUSIP: 000000000<br>LEI: 5299003ICAPV07J0R180 | Long             | EC               | CORP              | AT        |      4713 | NS      | $150454.38    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Kiwi Property Group Ltd                                    | Kiwi Property Group Ltd                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | NZ        |    223878 | NS      | $121014.21    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Hamborner REIT AG                                          | Hamborner REIT AG                                          | CUSIP: 000000000<br>LEI: 529900EJTD8IR1GN0P96 | Long             | EC               |  | DE        |     10385 | NS      | $59047.96     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| American Homes 4 Rent                                      | American Homes 4 Rent                                      | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               |  | US        |     50136 | NS      | $1596330.24   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Aspen Group Ltd/Australia                                  | Aspen Group Ltd/Australia                                  | CUSIP: 000000000<br>LEI: 529900EO4LDRP0T6V445 | Long             | EC               |  | AU        |     31480 | NS      | $109625.51    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Innovative Industrial Properties Inc                       | Innovative Industrial Properties Inc                       | CUSIP: 45781V101<br>LEI: 5493008BQ0545EZXRR30 | Long             | EC               |  | US        |      4072 | NS      | $220906.00    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Star Asia Investment Corp                                  | Star Asia Investment Corp                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |       341 | NS      | $122686.01    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Gaming and Leisure Properties Inc                          | Gaming and Leisure Properties Inc                          | CUSIP: 36467J108<br>LEI: 5493006GWRDBCZYWTM57 | Long             | EC               |  | US        |     40040 | NS      | $1940338.40   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Kennedy-Wilson Holdings Inc                                | Kennedy-Wilson Holdings Inc                                | CUSIP: 489398107<br>LEI: 549300MOI1T78144X610 | Long             | EC               | CORP              | US        |     17897 | NS      | $195077.30    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Realty & Development Co Ltd                       | Sumitomo Realty & Development Co Ltd                       | CUSIP: 000000000<br>LEI: 353800SO2DCLOI3LNZ64 | Long             | EC               | CORP              | JP        |     95500 | NS      | $2960461.11   | 0.97%             |  |  |  | No            |                  2 | On Loan: No      |
| DiamondRock Hospitality Co                                 | DiamondRock Hospitality Co                                 | CUSIP: 252784301<br>LEI: 529900KKD4BPVBUAQ734 | Long             | EC               |  | US        |     30135 | NS      | $307377.00    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Hall Long Wale REIT                                | Charter Hall Long Wale REIT                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |    101840 | NS      | $258630.64    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Unibail-Rodamco-Westfield                                  | Unibail-Rodamco-Westfield                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | XX        |     17996 | NS      | $2184848.17   | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Acadia Realty Trust                                        | Acadia Realty Trust                                        | CUSIP: 004239109<br>LEI: 254900C5XLB1YYJQSH07 | Long             | EC               |  | US        |     19015 | NS      | $411104.30    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Empire State Realty Trust Inc                              | Empire State Realty Trust Inc                              | CUSIP: 292104106<br>LEI: 549300VOKY1DUEQSB456 | Long             | EC               |  | US        |     20882 | NS      | $116312.74    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Terreno Realty Corp                                        | Terreno Realty Corp                                        | CUSIP: 88146M101<br>LEI: N/A                  | Long             | EC               |  | US        |     15040 | NS      | $980608.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Goodman Group                                              | Goodman Group                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |    292336 | NS      | $6333676.22   | 2.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Regional REIT Ltd                                          | Regional REIT Ltd                                          | CUSIP: 000000000<br>LEI: 549300D8G4NKLRIKBX73 | Long             | EC               |  | GG        |     18818 | NS      | $22200.92     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Big Yellow Group PLC                                       | Big Yellow Group PLC                                       | CUSIP: 000000000<br>LEI: 213800W7Q4V2ZI8LIW31 | Long             | EC               |  | GB        |     27027 | NS      | $331728.38    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Residential Secure Income PLC                              | Residential Secure Income PLC                              | CUSIP: 000000000<br>LEI: 213800D24WA531LAR763 | Long             | EC               |  | GB        |     22581 | NS      | $16223.91     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hammerson PLC                                              | Hammerson PLC                                              | CUSIP: 000000000<br>LEI: 213800G1C9KKVVDN1A60 | Long             | EC               |  | GB        |     75910 | NS      | $340045.53    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Safehold Inc                                               | Safehold Inc                                               | CUSIP: 78646V107<br>LEI: QFFLKWYYS3UPWD86E794 | Long             | EC               |  | US        |      8836 | NS      | $141552.72    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock Funds III                                        | BlackRock Cash Funds: Institutional, SL Agency Shares      | CUSIP: 066922519<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |   1423313 | NS      | $1423739.54   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| InvenTrust Properties Corp                                 | InvenTrust Properties Corp                                 | CUSIP: 46124J201<br>LEI: 5493006BQYSOBYVUFA03 | Long             | EC               |  | US        |     11527 | NS      | $370247.24    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| MIRARTH Real Estate Investment Corp                        | MIRARTH Real Estate Investment Corp                        | CUSIP: 000000000<br>LEI: 353800B55299YP0HS329 | Long             | EC               |  | JP        |       124 | NS      | $69744.70     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| LXP Industrial Trust                                       | LXP Industrial Trust                                       | CUSIP: 529043408<br>LEI: 549300S4MH2ICXDBFV43 | Long             | EC               |  | US        |      8594 | NS      | $437606.48    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Azrieli Group Ltd                                          | Azrieli Group Ltd                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |      5442 | NS      | $867999.06    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Xenia Hotels & Resorts Inc                                 | Xenia Hotels & Resorts Inc                                 | CUSIP: 984017103<br>LEI: 54930075IWIPHF5IQL62 | Long             | EC               |  | US        |     14229 | NS      | $231505.83    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Advance Residence Investment Corp                          | Advance Residence Investment Corp                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |       375 | NS      | $386605.35    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Workspace Group PLC                                        | Workspace Group PLC                                        | CUSIP: 000000000<br>LEI: 2138003GUZRFIN3UT430 | Long             | EC               |  | GB        |     21521 | NS      | $98806.55     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Kite Realty Group Trust                                    | Kite Realty Group Trust                                    | CUSIP: 49803T300<br>LEI: N/A                  | Long             | EC               |  | US        |     31572 | NS      | $825923.52    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Allied Properties Real Estate Investment Trust             | Allied Properties Real Estate Investment Trust             | CUSIP: 019456102<br>LEI: 549300AMZMPKVHA0MY77 | Long             | EC               |  | CA        |     26032 | NS      | $188577.97    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Samty Residential Investment Corp                          | Samty Residential Investment Corp                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |        43 | NS      | $28603.58     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Federal Realty Investment Trust                            | Federal Realty Investment Trust                            | CUSIP: 313745101<br>LEI: 549300FHEI1SLVZ0RB48 | Long             | EC               |  | US        |     12516 | NS      | $1388024.40   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Aroundtown SA                                              | Aroundtown SA                                              | CUSIP: 000000000<br>LEI: 529900H4DWG3KWMBMQ39 | Long             | EC               | CORP              | LU        |    125064 | NS      | $361597.70    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Alexandria Real Estate Equities Inc                        | Alexandria Real Estate Equities Inc                        | CUSIP: 015271109<br>LEI: MGCJBT4MKTQBVLNUIS88 | Long             | EC               |  | US        |     25378 | NS      | $1028062.78   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| CapitaLand Investment Ltd/Singapore                        | CapitaLand Investment Ltd/Singapore                        | CUSIP: 000000000<br>LEI: 254900AT4UQDU7SNXX49 | Long             | EC               | CORP              | SG        |    333800 | NS      | $732063.42    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Shurgard Self Storage Ltd                                  | Shurgard Self Storage Ltd                                  | CUSIP: 000000000<br>LEI: 549300J0UEIKU81XO336 | Long             | EC               |  | GG        |      4710 | NS      | $144878.08    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Ryman Hospitality Properties Inc                           | Ryman Hospitality Properties Inc                           | CUSIP: 78377T107<br>LEI: 529900GCCWW9SRMPJR11 | Long             | EC               |  | US        |      8958 | NS      | $941396.22    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Sino Land Co Ltd                                           | Sino Land Co Ltd                                           | CUSIP: 000000000<br>LEI: 529900G5P51053HJVZ92 | Long             | EC               | CORP              | HK        |    545405 | NS      | $874594.68    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Diversified Healthcare Trust                               | Diversified Healthcare Trust                               | CUSIP: 25525P107<br>LEI: N/A                  | Long             | EC               |  | US        |     31536 | NS      | $237781.44    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Care Property Invest NV                                    | Care Property Invest NV                                    | CUSIP: 000000000<br>LEI: 54930096UUTCOUCQDU64 | Long             | EC               |  | BE        |      6313 | NS      | $95875.70     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Safestore Holdings PLC                                     | Safestore Holdings PLC                                     | CUSIP: 000000000<br>LEI: 213800WGA3YSJC1YOH73 | Long             | EC               |  | GB        |     30742 | NS      | $279648.04    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Choice Properties Real Estate Investment Trust             | Choice Properties Real Estate Investment Trust             | CUSIP: 17039A106<br>LEI: 5493007MYGFSLOZGT937 | Long             | EC               |  | CA        |     41011 | NS      | $454990.08    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Stoneweg Europe Stapled Trust                              | Stoneweg Europe Stapled Trust                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | SG        |     53300 | NS      | $97216.04     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| JBG SMITH Properties                                       | JBG SMITH Properties                                       | CUSIP: 46590V100<br>LEI: N/A                  | Long             | EC               |  | US        |      9134 | NS      | $137010.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| AIMS APAC REIT                                             | AIMS APAC REIT                                             | CUSIP: 000000000<br>LEI: 549300MGNQOBQ3KVN734 | Long             | EC               |  | SG        |     92732 | NS      | $110013.61    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| American Assets Trust Inc                                  | American Assets Trust Inc                                  | CUSIP: 024013104<br>LEI: N/A                  | Long             | EC               |  | US        |      7838 | NS      | $162560.12    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Stockland                                                  | Stockland                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |    356044 | NS      | $1044169.39   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Lineage Inc                                                | Lineage Inc                                                | CUSIP: 53566V106<br>LEI: N/A                  | Long             | EC               |  | US        |     10665 | NS      | $393325.20    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Cofinimmo SA                                               | Cofinimmo SA                                               | CUSIP: 000000000<br>LEI: 549300TM914CSF6KI389 | Long             | EC               |  | BE        |      1124 | NS      | $110860.10    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Parkway Life Real Estate Investment Trust                  | Parkway Life Real Estate Investment Trust                  | CUSIP: 000000000<br>LEI: 549300I4DKVD2OF5LW91 | Long             | EC               |  | SG        |     64200 | NS      | $203136.71    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| One REIT Inc                                               | One REIT Inc                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |        99 | NS      | $49472.31     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| GLP J-Reit                                                 | GLP J-Reit                                                 | CUSIP: 000000000<br>LEI: 353800E27V9KA51K2I90 | Long             | EC               |  | JP        |       647 | NS      | $559985.31    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Brixmor Property Group Inc                                 | Brixmor Property Group Inc                                 | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               |  | US        |     44837 | NS      | $1349145.33   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Wharf Real Estate Investment Co Ltd                        | Wharf Real Estate Investment Co Ltd                        | CUSIP: 000000000<br>LEI: 529900QLPKS8U9QOPB59 | Long             | EC               | CORP              | KY        |    228000 | NS      | $713980.38    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsui Fudosan Accommodations Fund Inc                     | Mitsui Fudosan Accommodations Fund Inc                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |       353 | NS      | $294702.18    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Amot Investments Ltd                                       | Amot Investments Ltd                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |     35022 | NS      | $239385.12    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| DigiCo Infrastructure REIT                                 | DigiCo Infrastructure REIT                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |     62444 | NS      | $109331.18    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Sun Hung Kai Properties Ltd                                | Sun Hung Kai Properties Ltd                                | CUSIP: 000000000<br>LEI: 529900LUMD393RD3S874 | Long             | EC               | CORP              | HK        |    205500 | NS      | $3597704.44   | 1.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Samhallsbyggnadsbolaget i Norden AB                        | Samhallsbyggnadsbolaget i Norden AB                        | CUSIP: 000000000<br>LEI: 549300HX9MRFY47AH564 | Long             | EC               | CORP              | SE        |    130539 | NS      | $47506.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| LTC Properties Inc                                         | LTC Properties Inc                                         | CUSIP: 502175102<br>LEI: 549300NRZP8IJG2KY677 | Long             | EC               |  | US        |      7141 | NS      | $272929.02    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| StorageVault Canada Inc                                    | StorageVault Canada Inc                                    | CUSIP: 86212H105<br>LEI: 254900A6LDI0HRL1VD69 | Long             | EC               | CORP              | CA        |     31680 | NS      | $102618.62    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CapitaLand Ascendas REIT                                   | CapitaLand Ascendas REIT                                   | CUSIP: 000000000<br>LEI: 549300ILIBAEMQZK3L20 | Long             | EC               |  | SG        |    595367 | NS      | $1170173.54   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Tosei Corp                                                 | Tosei Corp                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      8200 | NS      | $85197.56     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| COPT Defense Properties                                    | COPT Defense Properties                                    | CUSIP: 22002T108<br>LEI: YY1J47X6LF9TYY8JY420 | Long             | EC               |  | US        |     16468 | NS      | $514625.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Storage                                             | Public Storage                                             | CUSIP: 74460D109<br>LEI: 254900GLQZAD4N7N5Q19 | Long             | EC               | CORP              | US        |     23270 | NS      | $7038011.50   | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Ichigo Office REIT Investment Corp                         | Ichigo Office REIT Investment Corp                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |       139 | NS      | $80619.96     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| American Healthcare REIT Inc                               | American Healthcare REIT Inc                               | CUSIP: 398182303<br>LEI: 2549004GGE2APGNT6O92 | Long             | EC               |  | US        |     25970 | NS      | $1318756.60   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| NEXTDC Ltd                                                 | NEXTDC Ltd                                                 | CUSIP: 000000000<br>LEI: 529900RTERU3X7G3D672 | Long             | EC               | CORP              | AU        |     98827 | NS      | $1025818.76   | 0.34%             |  |  |  | No            |                  2 | On Loan: —       |
| Xior Student Housing NV                                    | Xior Student Housing NV                                    | CUSIP: 000000000<br>LEI: 549300JK7HFOCP0U8K85 | Long             | EC               |  | BE        |      5806 | NS      | $188216.83    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Cromwell Property Group                                    | Cromwell Property Group                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |    270747 | NS      | $78277.33     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Host Hotels & Resorts Inc                                  | Host Hotels & Resorts Inc                                  | CUSIP: 44107P104<br>LEI: N6EL63S0K3PB1YFTDI24 | Long             | EC               | CORP              | US        |    101343 | NS      | $2141377.59   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Comforia Residential REIT Inc                              | Comforia Residential REIT Inc                              | CUSIP: 000000000<br>LEI: 353800BJ2SV3UPG9JU05 | Long             | EC               |  | JP        |       296 | NS      | $208199.72    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Sagax AB                                                   | Sagax AB                                                   | CUSIP: 000000000<br>LEI: 549300LJX28T6OM8DT95 | Long             | EC               | CORP              | SE        |     31450 | NS      | $625883.27    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Sunstone Hotel Investors Inc                               | Sunstone Hotel Investors Inc                               | CUSIP: 867892101<br>LEI: 529900ZQ2V52V96ATF67 | Long             | EC               |  | US        |     25990 | NS      | $255221.80    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Intea Fastigheter AB                                       | Intea Fastigheter AB                                       | CUSIP: 000000000<br>LEI: 549300KD3XGX3754UW61 | Long             | EC               | CORP              | SE        |     20884 | NS      | $166705.56    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Heba Fastighets AB                                         | Heba Fastighets AB                                         | CUSIP: 000000000<br>LEI: 549300B1UZTBDU27UJ88 | Long             | EC               | CORP              | SE        |      9612 | NS      | $26495.40     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Home Reit PLC                                              | Home Reit PLC                                              | CUSIP: 000000000<br>LEI: 213800A53AOVH3FCGG44 | Long             | EC               |  | GB        |    863620 | NS      | $116341.90    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| EPR Properties                                             | EPR Properties                                             | CUSIP: 26884U109<br>LEI: 549300YSSXFHMPOWZ492 | Long             | EC               |  | US        |     11033 | NS      | $615751.73    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Tokyu REIT Inc                                             | Tokyu REIT Inc                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |       120 | NS      | $148004.05    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Broadstone Net Lease Inc                                   | Broadstone Net Lease Inc                                   | CUSIP: 11135E203<br>LEI: 549300U8D7PT70B49V21 | Long             | EC               |  | US        |     27933 | NS      | $553073.40    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Douglas Emmett Inc                                         | Douglas Emmett Inc                                         | CUSIP: 25960P109<br>LEI: N/A                  | Long             | EC               |  | US        |     19997 | NS      | $216167.57    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Lendlease Global Commercial REIT                           | Lendlease Global Commercial REIT                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | SG        |    370535 | NS      | $165937.26    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche EuroShop AG                                       | Deutsche EuroShop AG                                       | CUSIP: 000000000<br>LEI: 529900Y9QTEFHFEKQ736 | Long             | EC               | CORP              | DE        |      1894 | NS      | $43879.90     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| NewRiver REIT PLC                                          | NewRiver REIT PLC                                          | CUSIP: 000000000<br>LEI: 2138004GX1VAUMH66L31 | Long             | EC               |  | GB        |     62770 | NS      | $64060.69     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Link REIT                                                  | Link REIT                                                  | CUSIP: 000000000<br>LEI: 529900XUE70U36QX5M62 | Long             | EC               |  | HK        |    381121 | NS      | $1919055.49   | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| ARGAN SA                                                   | ARGAN SA                                                   | CUSIP: 000000000<br>LEI: 529900FXM41XSCUSGH04 | Long             | EC               |  | FR        |      2397 | NS      | $172888.67    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| ICADE                                                      | ICADE                                                      | CUSIP: 000000000<br>LEI: 969500UDH342QLTE1M42 | Long             | EC               |  | FR        |      6699 | NS      | $161275.32    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Granite Real Estate Investment Trust                       | Granite Real Estate Investment Trust                       | CUSIP: 387437205<br>LEI: 549300A6I7CLE0ZC0396 | Long             | EC               |  | CA        |      8918 | NS      | $603155.78    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| CapitaLand Ascott Trust                                    | CapitaLand Ascott Trust                                    | CUSIP: 000000000<br>LEI: 549300W6RTG7Y32IWY65 | Long             | EC               |  | SG        |    391533 | NS      | $275843.12    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| City Developments Ltd                                      | City Developments Ltd                                      | CUSIP: 000000000<br>LEI: 254900BPLPJS0RJ72373 | Long             | EC               | CORP              | SG        |     57600 | NS      | $370709.95    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| CDL Hospitality Trusts                                     | CDL Hospitality Trusts                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | SG        |    118454 | NS      | $75545.33     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Mori Trust Reit Inc                                        | Mori Trust Reit Inc                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |       349 | NS      | $169275.56    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Sabra Health Care REIT Inc                                 | Sabra Health Care REIT Inc                                 | CUSIP: 78573L106<br>LEI: 549300E3BC7GU7TAZ621 | Long             | EC               |  | US        |     36509 | NS      | $754275.94    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Real Estate Investment Corp                          | Japan Real Estate Investment Corp                          | CUSIP: 000000000<br>LEI: 3538003YAIR3CBGJJ928 | Long             | EC               |  | JP        |       981 | NS      | $750841.93    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Grainger PLC                                               | Grainger PLC                                               | CUSIP: 000000000<br>LEI: 2138007CEIRKZMNI2979 | Long             | EC               |  | GB        |    110134 | NS      | $240233.29    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Kimco Realty Corp                                          | Kimco Realty Corp                                          | CUSIP: 49446R109<br>LEI: 254900ARY41P4V1JL861 | Long             | EC               | CORP              | US        |     98705 | NS      | $2333386.20   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| InterRent Real Estate Investment Trust                     | InterRent Real Estate Investment Trust                     | CUSIP: 46071W205<br>LEI: N/A                  | Long             | EC               |  | CA        |     19543 | NS      | $189912.47    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Pebblebrook Hotel Trust                                    | Pebblebrook Hotel Trust                                    | CUSIP: 70509V100<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | EC               |  | US        |     16946 | NS      | $238091.30    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| BWP Property Group Ltd                                     | BWP Property Group Ltd                                     | CUSIP: 000000000<br>LEI: 529900PNX10I8B4V0N76 | Long             | EC               |  | AU        |     82731 | NS      | $234191.90    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Intershop Holding AG                                       | Intershop Holding AG                                       | CUSIP: 000000000<br>LEI: 506700CGX4K77JX3R725 | Long             | EC               | CORP              | CH        |       716 | NS      | $155415.11    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Hall Group                                         | Charter Hall Group                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |     68590 | NS      | $1010061.87   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Abacus Group                                               | Abacus Group                                               | CUSIP: 000000000<br>LEI: 2138009R3Y4TK4IZDW59 | Long             | EC               |  | AU        |     67735 | NS      | $49889.05     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Waypoint REIT Ltd                                          | Waypoint REIT Ltd                                          | CUSIP: 000000000<br>LEI: 5493003CS5K82RREKA54 | Long             | EC               |  | AU        |     91544 | NS      | $163365.69    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Lifestyle Communities Ltd                                  | Lifestyle Communities Ltd                                  | CUSIP: 000000000<br>LEI: 984500BDEL5B024BCA39 | Long             | EC               | CORP              | AU        |     16588 | NS      | $56679.19     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Atrium Ljungberg AB                                        | Atrium Ljungberg AB                                        | CUSIP: 000000000<br>LEI: 5493001NNP6HM67OVU09 | Long             | EC               | CORP              | SE        |     34208 | NS      | $109855.37    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Mirai Corp                                                 | Mirai Corp                                                 | CUSIP: 000000000<br>LEI: 353800HQCYM7P10R9D93 | Long             | EC               |  | JP        |       249 | NS      | $73190.62     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| First Industrial Realty Trust Inc                          | First Industrial Realty Trust Inc                          | CUSIP: 32054K103<br>LEI: N/A                  | Long             | EC               |  | US        |     18915 | NS      | $1172919.15   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| National Health Investors Inc                              | National Health Investors Inc                              | CUSIP: 63633D104<br>LEI: 549300ZPKZIG6DKDEC02 | Long             | EC               |  | US        |      6944 | NS      | $534063.04    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Metropolitan Fund Invest                             | Japan Metropolitan Fund Invest                             | CUSIP: 000000000<br>LEI: 353800QDHNIP60E1LQ93 | Long             | EC               |  | JP        |       985 | NS      | $728581.01    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Aedifica SA                                                | Aedifica SA                                                | CUSIP: 000000000<br>LEI: 529900DTKNXL0AXQFN28 | Long             | EC               |  | BE        |     12265 | NS      | $1033956.02   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Frasers Logistics & Commercial Trust                       | Frasers Logistics & Commercial Trust                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | SG        |    410900 | NS      | $310531.99    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Essex Property Trust Inc                                   | Essex Property Trust Inc                                   | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Long             | EC               | CORP              | US        |      9364 | NS      | $2464698.44   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Nippon Building Fund Inc                                   | Nippon Building Fund Inc                                   | CUSIP: 000000000<br>LEI: 52990053R8NL2MB32172 | Long             | EC               |  | JP        |      1192 | NS      | $998187.22    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| GPT Group/The                                              | GPT Group/The                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |    284940 | NS      | $982713.90    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Prologis REIT Inc                                   | Nippon Prologis REIT Inc                                   | CUSIP: 000000000<br>LEI: 353800PHBMSDLAFURY41 | Long             | EC               |  | JP        |      1059 | NS      | $604736.99    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Swedish Logistic Property AB                               | Swedish Logistic Property AB                               | CUSIP: 000000000<br>LEI: 254900AWRHP1QNE6OQ19 | Long             | EC               | CORP              | SE        |     29437 | NS      | $120678.07    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortune Real Estate Investment Trust                       | Fortune Real Estate Investment Trust                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | HK        |    218000 | NS      | $135590.02    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Camden Property Trust                                      | Camden Property Trust                                      | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               |  | US        |     15489 | NS      | $1626654.78   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| PSP Swiss Property AG                                      | PSP Swiss Property AG                                      | CUSIP: 000000000<br>LEI: 50670042Y437P8X44F56 | Long             | EC               | CORP              | CH        |      6721 | NS      | $1343332.53   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Immobiliare Grande Distribuzione SIIQ SpA                  | Immobiliare Grande Distribuzione SIIQ SpA                  | CUSIP: 000000000<br>LEI: 815600CF8C0389D0E272 | Long             | EC               |  | IT        |     10026 | NS      | $50212.23     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| CapitaLand Integrated Commercial Trust                     | CapitaLand Integrated Commercial Trust                     | CUSIP: 000000000<br>LEI: 54930031292WUTXF0L29 | Long             | EC               |  | SG        |    875413 | NS      | $1630470.47   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Stendorren Fastigheter AB                                  | Stendorren Fastigheter AB                                  | CUSIP: 000000000<br>LEI: 5493003YS3NSPZJ5WU39 | Long             | EC               | CORP              | SE        |      2315 | NS      | $47043.36     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Crombie Real Estate Investment Trust                       | Crombie Real Estate Investment Trust                       | CUSIP: 227107109<br>LEI: 549300OGQML2MCFAPT83 | Long             | EC               |  | CA        |     15921 | NS      | $198668.20    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Iron Mountain Inc                                          | Iron Mountain Inc                                          | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               | CORP              | US        |     43225 | NS      | $5445917.75   | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Vornado Realty Trust                                       | Vornado Realty Trust                                       | CUSIP: 929042109<br>LEI: N/A                  | Long             | EC               |  | US        |     26320 | NS      | $786704.80    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Curbline Properties Corp                                   | Curbline Properties Corp                                   | CUSIP: 23128Q101<br>LEI: 529900PGR41LH0I81I15 | Long             | EC               |  | US        |     14320 | NS      | $395232.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| FastPartner AB                                             | FastPartner AB                                             | CUSIP: 000000000<br>LEI: 549300BG6SL5QQ7LQW56 | Long             | EC               | CORP              | SE        |      6797 | NS      | $29152.87     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hoshino Resorts REIT Inc                                   | Hoshino Resorts REIT Inc                                   | CUSIP: 000000000<br>LEI: 353800DF2MUZWFL4IL56 | Long             | EC               |  | JP        |        83 | NS      | $134241.52    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Industrial & Infrastructure Fund Investment Corp           | Industrial & Infrastructure Fund Investment Corp           | CUSIP: 000000000<br>LEI: 353800WCHFY04YKYCI19 | Long             | EC               |  | JP        |       357 | NS      | $334146.81    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| New World Development Co Ltd                               | New World Development Co Ltd                               | CUSIP: 000000000<br>LEI: 2549008GWMWXTIRL4S48 | Long             | EC               | CORP              | HK        |    205507 | NS      | $224257.87    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Macerich Co/The                                            | Macerich Co/The                                            | CUSIP: 554382101<br>LEI: 529900PSWCB5KI0JYU46 | Long             | EC               | CORP              | US        |     37614 | NS      | $817352.22    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| First Capital Real Estate Investment Trust                 | First Capital Real Estate Investment Trust                 | CUSIP: 31890B103<br>LEI: 54930042UG2WCIIAQZ39 | Long             | EC               |  | CA        |     31445 | NS      | $541464.68    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitsui Fudosan Logistics Park Inc                          | Mitsui Fudosan Logistics Park Inc                          | CUSIP: 000000000<br>LEI: 353800DN63EIYS760S59 | Long             | EC               |  | JP        |       448 | NS      | $321521.58    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Mirvac Group                                               | Mirvac Group                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |    577623 | NS      | $713621.62    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Social Housing Reit PLC                                    | Social Housing Reit PLC                                    | CUSIP: 000000000<br>LEI: 213800BERVBS2HFTBC58 | Long             | EC               |  | GB        |     61243 | NS      | $60752.24     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Piedmont Realty Trust Inc                                  | Piedmont Realty Trust Inc                                  | CUSIP: 720190206<br>LEI: N/A                  | Long             | EC               |  | US        |     18617 | NS      | $155638.12    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Allreal Holding AG                                         | Allreal Holding AG                                         | CUSIP: 000000000<br>LEI: 5067006XH174LA44H658 | Long             | EC               | CORP              | CH        |      2163 | NS      | $590695.05    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Estate Co Ltd                                   | Mitsubishi Estate Co Ltd                                   | CUSIP: 000000000<br>LEI: 353800KOFMRGOXSJ5Z65 | Long             | EC               | CORP              | JP        |    160100 | NS      | $4562565.78   | 1.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Wallenstam AB                                              | Wallenstam AB                                              | CUSIP: 000000000<br>LEI: 21380081R2P9MKFQBD25 | Long             | EC               | CORP              | SE        |     50926 | NS      | $216567.87    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| AvalonBay Communities Inc                                  | AvalonBay Communities Inc                                  | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               |  | US        |     20956 | NS      | $3834948.00   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Getty Realty Corp                                          | Getty Realty Corp                                          | CUSIP: 374297109<br>LEI: 2549000P1W5SFJWCNP90 | Long             | EC               |  | US        |      7944 | NS      | $263105.28    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Urban Edge Properties                                      | Urban Edge Properties                                      | CUSIP: 91704F104<br>LEI: N/A                  | Long             | EC               |  | US        |     18826 | NS      | $412665.92    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| OUE Real Estate Investment Trust                           | OUE Real Estate Investment Trust                           | CUSIP: 000000000<br>LEI: 549300ZH7I6OTTYIPE70 | Long             | EC               |  | SG        |    366800 | NS      | $105186.99    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Melisron Ltd                                               | Melisron Ltd                                               | CUSIP: 000000000<br>LEI: 213800B9SL62L9VLO604 | Long             | EC               | CORP              | IL        |      3586 | NS      | $528793.82    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Fastighets AB Balder                                       | Fastighets AB Balder                                       | CUSIP: 000000000<br>LEI: 549300GHKJCEZOAEUU82 | Long             | EC               | CORP              | SE        |    101683 | NS      | $608284.56    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Vital Healthcare Property Trust                            | Vital Healthcare Property Trust                            | CUSIP: 000000000<br>LEI: 529900GJVR4RTMBL6Z40 | Long             | EC               |  | NZ        |     75736 | NS      | $85231.71     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Hospitality REIT Inc                                 | Apple Hospitality REIT Inc                                 | CUSIP: 03784Y200<br>LEI: 549300EVZAR0FBZO4F16 | Long             | EC               |  | US        |     32291 | NS      | $434959.77    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Corem Property Group AB                                    | Corem Property Group AB                                    | CUSIP: 000000000<br>LEI: 213800CHXQQD7TSS1T59 | Long             | EC               | CORP              | SE        |    125523 | NS      | $43575.97     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Daiwa Office Investment Corp                               | Daiwa Office Investment Corp                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |        78 | NS      | $166733.10    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Fabege AB                                                  | Fabege AB                                                  | CUSIP: 000000000<br>LEI: 549300JNPI46XNH0PM97 | Long             | EC               | CORP              | SE        |     27267 | NS      | $229092.87    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| VGP NV                                                     | VGP NV                                                     | CUSIP: 000000000<br>LEI: 315700NENYPIXFR94T49 | Long             | EC               | CORP              | BE        |      2046 | NS      | $210048.28    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Gecina SA                                                  | Gecina SA                                                  | CUSIP: 000000000<br>LEI: 9695003E4MMA10IBTR26 | Long             | EC               |  | FR        |      7514 | NS      | $635265.18    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| National Storage Affiliates Trust                          | National Storage Affiliates Trust                          | CUSIP: 637870106<br>LEI: 529900FS06O8GOYNR108 | Long             | EC               |  | US        |     10183 | NS      | $433388.48    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Wereldhave NV                                              | Wereldhave NV                                              | CUSIP: 000000000<br>LEI: 724500YRQCY3BD9RJZ92 | Long             | EC               |  | NL        |      5796 | NS      | $149885.33    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Stride Property Group                                      | Stride Property Group                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | NZ        |     78670 | NS      | $51586.49     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Lumo Kodit Oyj                                             | Lumo Kodit Oyj                                             | CUSIP: 000000000<br>LEI: 7437007YPUOQZ8OV1R42 | Long             | EC               | CORP              | FI        |     22336 | NS      | $212731.80    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Argosy Property Ltd                                        | Argosy Property Ltd                                        | CUSIP: 000000000<br>LEI: 9845005EAC0D08F77F73 | Long             | EC               |  | NZ        |    114810 | NS      | $73249.95     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Tritax Big Box REIT PLC                                    | Tritax Big Box REIT PLC                                    | CUSIP: 000000000<br>LEI: 213800L6X88MIYPVR714 | Long             | EC               |  | GB        |    358499 | NS      | $735854.48    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Kilroy Realty Corp                                         | Kilroy Realty Corp                                         | CUSIP: 49427F108<br>LEI: 549300CXXI18B214UN80 | Long             | EC               |  | US        |     17246 | NS      | $573601.96    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| HomeCo Daily Needs REIT                                    | HomeCo Daily Needs REIT                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |    259661 | NS      | $238828.26    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                     | DJ US REAL ESTATE JUN26                                    | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DE               |  | US        |        92 | NC      | $95848.93     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITE Group PLC/The                                        | UNITE Group PLC/The                                        | CUSIP: 000000000<br>LEI: 213800BBUUWVDH9YI827 | Long             | EC               |  | GB        |     68493 | NS      | $431626.82    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| VICI Properties Inc                                        | VICI Properties Inc                                        | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               |  | US        |    159921 | NS      | $4669693.20   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Sankei Real Estate Inc                                     | Sankei Real Estate Inc                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |        52 | NS      | $41386.09     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Far East Hospitality Trust                                 | Far East Hospitality Trust                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | SG        |    158200 | NS      | $71468.42     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Wohnen SE                                         | Deutsche Wohnen SE                                         | CUSIP: 000000000<br>LEI: 529900QE24Q67I3FWZ10 | Long             | EC               | CORP              | DE        |      7220 | NS      | $167610.79    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| NETSTREIT Corp                                             | NETSTREIT Corp                                             | CUSIP: 64119V303<br>LEI: 254900CJL0EDMEQ25Q84 | Long             | EC               |  | US        |     12093 | NS      | $248753.01    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group Inc                                   | Simon Property Group Inc                                   | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               |  | US        |     47735 | NS      | $9724096.85   | 3.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Logistics Fund Inc                                   | Japan Logistics Fund Inc                                   | CUSIP: 000000000<br>LEI: 3538004KZWISCQO70151 | Long             | EC               |  | JP        |       372 | NS      | $226579.72    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Smartstop Self Storage REIT Inc                            | Smartstop Self Storage REIT Inc                            | CUSIP: 83192D402<br>LEI: 549300EC266625K12S42 | Long             | EC               |  | US        |      7994 | NS      | $251651.12    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| SUNeVision Holdings Ltd                                    | SUNeVision Holdings Ltd                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     94000 | NS      | $73994.27     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| AEW UK REIT PLC                                            | AEW UK REIT PLC                                            | CUSIP: 000000000<br>LEI: 21380073LDXHV2LP5K50 | Long             | EC               |  | GB        |     29690 | NS      | $41612.68     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Primary Health Properties PLC                              | Primary Health Properties PLC                              | CUSIP: 000000000<br>LEI: 213800Y5CJHXOATK7X11 | Long             | EC               |  | GB        |    366509 | NS      | $466291.30    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Helical PLC                                                | Helical PLC                                                | CUSIP: 000000000<br>LEI: 2138003SBD2Z7WV2MP70 | Long             | EC               |  | GB        |     14789 | NS      | $38517.59     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Klepierre SA                                               | Klepierre SA                                               | CUSIP: 000000000<br>LEI: 969500PB4U31KEFHZ621 | Long             | EC               |  | FR        |     30629 | NS      | $1240970.70   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Fukuoka REIT Corp                                          | Fukuoka REIT Corp                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |       115 | NS      | $132515.73    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Heiwa Real Estate Co Ltd                                   | Heiwa Real Estate Co Ltd                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |      6000 | NS      | $93090.83     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Henderson Land Development Co Ltd                          | Henderson Land Development Co Ltd                          | CUSIP: 000000000<br>LEI: 529900SYQB7IVR9QGN76 | Long             | EC               | CORP              | HK        |    194000 | NS      | $766824.97    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Hiag Immobilien Holding AG                                 | Hiag Immobilien Holding AG                                 | CUSIP: 000000000<br>LEI: 549300TU2XXQ3TU4KJ11 | Long             | EC               | CORP              | CH        |       621 | NS      | $108407.76    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Hufvudstaden AB                                            | Hufvudstaden AB                                            | CUSIP: 000000000<br>LEI: 213800UEV5ZAFFVQ4J85 | Long             | EC               | CORP              | SE        |     13187 | NS      | $175621.77    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| RioCan Real Estate Investment Trust                        | RioCan Real Estate Investment Trust                        | CUSIP: 766910103<br>LEI: 549300S8HVUSEU3JBY60 | Long             | EC               |  | CA        |     43507 | NS      | $680942.92    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Hysan Development Co Ltd                                   | Hysan Development Co Ltd                                   | CUSIP: 000000000<br>LEI: 5299007BABFLKIH9HL03 | Long             | EC               | CORP              | HK        |     86000 | NS      | $215584.64    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Ingenia Communities Group                                  | Ingenia Communities Group                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |     58148 | NS      | $168522.68    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Activia Properties Inc                                     | Activia Properties Inc                                     | CUSIP: 000000000<br>LEI: 353800RPGYN3ML8CXV54 | Long             | EC               |  | JP        |       316 | NS      | $283391.78    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Centuria Office REIT                                       | Centuria Office REIT                                       | CUSIP: 000000000<br>LEI: 984500D9D1RFE9AF4796 | Long             | EC               |  | AU        |     81502 | NS      | $54863.35     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Hulic Co Ltd                                               | Hulic Co Ltd                                               | CUSIP: 000000000<br>LEI: 3538002E12E7IHAKTB10 | Long             | EC               | CORP              | JP        |     68100 | NS      | $768064.10    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Sunlight Real Estate Investment Trust                      | Sunlight Real Estate Investment Trust                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | HK        |    174000 | NS      | $51909.58     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| ESR-REIT                                                   | ESR-REIT                                                   | CUSIP: 000000000<br>LEI: 5493008PFX3JN1RMMD48 | Long             | EC               |  | SG        |     82123 | NS      | $156344.24    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Frasers Centrepoint Trust                                  | Frasers Centrepoint Trust                                  | CUSIP: 000000000<br>LEI: 5493002RGQ266FKERZ83 | Long             | EC               |  | SG        |    189070 | NS      | $348421.94    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Agree Realty Corp                                          | Agree Realty Corp                                          | CUSIP: 008492100<br>LEI: N/A                  | Long             | EC               |  | US        |     16652 | NS      | $1284035.72   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| NNN REIT Inc                                               | NNN REIT Inc                                               | CUSIP: 637417106<br>LEI: 5493008JKH5SOTI0JS97 | Long             | EC               |  | US        |     27900 | NS      | $1221741.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Dexus Industria REIT                                       | Dexus Industria REIT                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |     46360 | NS      | $82871.11     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| NexPoint Residential Trust Inc                             | NexPoint Residential Trust Inc                             | CUSIP: 65341D102<br>LEI: 549300U2J6XVYBF87166 | Long             | EC               |  | US        |      3606 | NS      | $104177.34    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Apartment Properties REIT                         | Canadian Apartment Properties REIT                         | CUSIP: 134921105<br>LEI: 549300B1MYVTQEB2DI90 | Long             | EC               |  | CA        |     22597 | NS      | $608531.13    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Mapletree Industrial Trust                                 | Mapletree Industrial Trust                                 | CUSIP: 000000000<br>LEI: 549300R7WZFHXNKDJF41 | Long             | EC               |  | SG        |    299510 | NS      | $464800.55    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| EastGroup Properties Inc                                   | EastGroup Properties Inc                                   | CUSIP: 277276101<br>LEI: 31TIGQQZC4P6JMHKSW85 | Long             | EC               |  | US        |      7776 | NS      | $1564531.20   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Logistea AB                                                | Logistea AB                                                | CUSIP: 000000000<br>LEI: 549300ZSB0ZCKM1SL747 | Long             | EC               | CORP              | SE        |     42845 | NS      | $64967.64     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Hongkong Land Holdings Ltd                                 | Hongkong Land Holdings Ltd                                 | CUSIP: 000000000<br>LEI: 213800XCHYNRPAYGXW28 | Long             | EC               | CORP              | BM        |    147900 | NS      | $1169302.13   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| H&R Real Estate Investment Trust                           | H&R Real Estate Investment Trust                           | CUSIP: 403925407<br>LEI: 549300TGNP6B6GUVGW10 | Long             | EC               |  | CA        |     39334 | NS      | $309552.37    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Frontier Real Estate Investment Corp                       | Frontier Real Estate Investment Corp                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |       361 | NS      | $197384.94    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| PPHE Hotel Group Ltd                                       | PPHE Hotel Group Ltd                                       | CUSIP: 000000000<br>LEI: 2138003H1BZGR6KM5823 | Long             | EC               | CORP              | GG        |      2759 | NS      | $56630.39     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Medical Properties Trust Inc                               | Medical Properties Trust Inc                               | CUSIP: 58463J304<br>LEI: 254900U6E39J1MQCCY14 | Long             | EC               |  | US        |     72781 | NS      | $359538.14    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Sekisui House Reit Inc                                     | Sekisui House Reit Inc                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |       577 | NS      | $313276.48    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Vonovia SE                                                 | Vonovia SE                                                 | CUSIP: 000000000<br>LEI: 5299005A2ZEP6AP7KM81 | Long             | EC               | CORP              | DE        |    105102 | NS      | $2831783.47   | 0.93%             |  |  |  | No            |                  2 | On Loan: No      |
| Vastned NV                                                 | Vastned NV                                                 | CUSIP: 000000000<br>LEI: 54930068RSC6OT68NE51 | Long             | EC               |  | BE        |      1344 | NS      | $47794.77     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid-America Apartment Communities Inc                      | Mid-America Apartment Communities Inc                      | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |     17082 | NS      | $2206652.76   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust Inc                                   | Digital Realty Trust Inc                                   | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |     50692 | NS      | $10186050.48  | 3.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Veris Residential Inc                                      | Veris Residential Inc                                      | CUSIP: 554489104<br>LEI: 254900KTVBRYJCQU2J23 | Long             | EC               |  | US        |     11461 | NS      | $217415.17    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| STAG Industrial Inc                                        | STAG Industrial Inc                                        | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               |  | US        |     27639 | NS      | $1066312.62   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Eurocommercial Properties NV                               | Eurocommercial Properties NV                               | CUSIP: 000000000<br>LEI: 724500SFK53FPNM68L95 | Long             | EC               |  | NL        |      6194 | NS      | $203199.10    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Invincible Investment Corp                                 | Invincible Investment Corp                                 | CUSIP: 000000000<br>LEI: 353800JY6M2692VAV685 | Long             | EC               |  | JP        |      1046 | NS      | $411546.08    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Suntec Real Estate Investment Trust                        | Suntec Real Estate Investment Trust                        | CUSIP: 000000000<br>LEI: 549300C46QFXSI2F4K13 | Long             | EC               |  | SG        |    305500 | NS      | $359472.31    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Warehouses De Pauw CVA                                     | Warehouses De Pauw CVA                                     | CUSIP: 000000000<br>LEI: 549300HWDYC5JXC85138 | Long             | EC               |  | BE        |     27658 | NS      | $726968.55    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Segro PLC                                                  | Segro PLC                                                  | CUSIP: 000000000<br>LEI: 213800XC35KGM9NFC641 | Long             | EC               |  | GB        |    199108 | NS      | $1885947.29   | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Custodian Property Income Reit PLC                         | Custodian Property Income Reit PLC                         | CUSIP: 000000000<br>LEI: 2138001BOD1J5XK1CX76 | Long             | EC               |  | GB        |     61237 | NS      | $69734.74     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Extra Space Storage Inc                                    | Extra Space Storage Inc                                    | CUSIP: 30225T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31038 | NS      | $4448676.54   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| NIPPON REIT Investment Corp                                | NIPPON REIT Investment Corp                                | CUSIP: 000000000<br>LEI: 3538004O49OJ90PEXX85 | Long             | EC               |  | JP        |       246 | NS      | $140634.28    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Rexford Industrial Realty Inc                              | Rexford Industrial Realty Inc                              | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               |  | US        |     34300 | NS      | $1231027.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Vicinity Ltd                                               | Vicinity Ltd                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |    561076 | NS      | $1020302.08   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| SL Green Realty Corp                                       | SL Green Realty Corp                                       | CUSIP: 78440X887<br>LEI: 549300VQZPJU97H3GT17 | Long             | EC               |  | US        |     10528 | NS      | $446492.48    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Pandox AB                                                  | Pandox AB                                                  | CUSIP: 000000000<br>LEI: 549300K4HA8EBLSL3B97 | Long             | EC               | CORP              | SE        |     15979 | NS      | $293178.37    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Dream Industrial Real Estate Investment Trust              | Dream Industrial Real Estate Investment Trust              | CUSIP: 26153W109<br>LEI: 549300QOI0TM3CBYUH79 | Long             | EC               |  | CA        |     41532 | NS      | $418270.52    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Core REIT Management Pte Ltd                       | Digital Core REIT Management Pte Ltd                       | CUSIP: 000000000<br>LEI: 254900RTT7SLEEJYGV92 | Long             | EC               |  | SG        |    133300 | NS      | $68828.39     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Mercialys SA                                               | Mercialys SA                                               | CUSIP: 000000000<br>LEI: 969500081CGAXB7YS433 | Long             | EC               |  | FR        |     13768 | NS      | $201648.41    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Healthcare Realty Trust Inc                                | Healthcare Realty Trust Inc                                | CUSIP: 42226K105<br>LEI: 549300L0I14L7I0VLX84 | Long             | EC               |  | US        |     48103 | NS      | $899526.10    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix Inc                                                | Equinix Inc                                                | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |     14399 | NS      | $15591669.17  | 5.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthpeak Properties Inc                                  | Healthpeak Properties Inc                                  | CUSIP: 42250P103<br>LEI: 254900M6MTMZM0I22L81 | Long             | EC               |  | US        |    101718 | NS      | $1644780.06   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Cousins Properties Inc                                     | Cousins Properties Inc                                     | CUSIP: 222795502<br>LEI: 5493007XPYD5EJABN062 | Long             | EC               |  | US        |     24560 | NS      | $628981.60    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Swiss Prime Site AG                                        | Swiss Prime Site AG                                        | CUSIP: 000000000<br>LEI: 506700XI9H64OPR34158 | Long             | EC               | CORP              | CH        |     11829 | NS      | $2049914.70   | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Equity LifeStyle Properties Inc                            | Equity LifeStyle Properties Inc                            | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               |  | US        |     28194 | NS      | $1784398.26   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Region Group                                               | Region Group                                               | CUSIP: 000000000<br>LEI: 549300MS6NZV0B7K7D28 | Long             | EC               |  | AU        |    168736 | NS      | $282165.35    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Neobo Fastigheter AB                                       | Neobo Fastigheter AB                                       | CUSIP: 000000000<br>LEI: 213800QBPS3L89U9TZ44 | Long             | EC               | CORP              | SE        |     15518 | NS      | $27161.02     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CareTrust REIT Inc                                         | CareTrust REIT Inc                                         | CUSIP: 14174T107<br>LEI: 5493001NVXE2B9GPLU96 | Long             | EC               |  | US        |     32778 | NS      | $1293092.10   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Japan Prime Realty Investment Corp                         | Japan Prime Realty Investment Corp                         | CUSIP: 000000000<br>LEI: 353800NJOQJAY1ODEX72 | Long             | EC               |  | JP        |       541 | NS      | $342455.37    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Boardwalk Real Estate Investment Trust                     | Boardwalk Real Estate Investment Trust                     | CUSIP: 096631106<br>LEI: 549300RMNRTTJRCOYW23 | Long             | EC               |  | CA        |      5895 | NS      | $294587.26    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| BLACKROCK CASH FUNDS TREASURY SL AGENCY SHARES             | BlackRock Cash Funds: Treasury, SL Agency Shares           | CUSIP: 066922477<br>LEI: 5493008LW2651I1QB503 | Long             | STIV             | RF                | US        |   2832548 | NS      | $2832548.45   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Park Hotels & Resorts Inc                                  | Park Hotels & Resorts Inc                                  | CUSIP: 700517105<br>LEI: 5493005UZ5TQN0H6HS73 | Long             | EC               |  | US        |     26880 | NS      | $308313.60    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Invitation Homes Inc                                       | Invitation Homes Inc                                       | CUSIP: 46187W107<br>LEI: N/A                  | Long             | EC               |  | US        |     89907 | NS      | $2586624.39   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Champion REIT                                              | Champion REIT                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | HK        |    281000 | NS      | $83904.47     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Investis Holding SA                                        | Investis Holding SA                                        | CUSIP: 000000000<br>LEI: 506700GG126O0G9S5W59 | Long             | EC               | CORP              | CH        |       402 | NS      | $81804.57     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Mori Hills REIT Investment Corp                            | Mori Hills REIT Investment Corp                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |       205 | NS      | $175714.47    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Charter Hall Social Infrastructure REIT                    | Charter Hall Social Infrastructure REIT                    | CUSIP: 000000000<br>LEI: 254900W31UGIMDQW3W98 | Long             | EC               |  | AU        |     46577 | NS      | $87186.11     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Vital Infrastructure Property Trust                        | Vital Infrastructure Property Trust                        | CUSIP: 92848P107<br>LEI: 254900P6YIXMWDQDD912 | Long             | EC               |  | CA        |     33344 | NS      | $136729.18    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Montea NV                                                  | Montea NV                                                  | CUSIP: 000000000<br>LEI: 5493006K5LQDD0GK1T60 | Long             | EC               |  | BE        |      3079 | NS      | $254416.17    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Target Healthcare REIT PLC                                 | Target Healthcare REIT PLC                                 | CUSIP: 000000000<br>LEI: 213800RXPY9WULUSBC04 | Long             | EC               |  | GB        |     94690 | NS      | $134518.76    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Supermarket Income Reit PLC                                | Supermarket Income Reit PLC                                | CUSIP: 000000000<br>LEI: 2138007FOINJKAM7L537 | Long             | EC               |  | GB        |    178475 | NS      | $203273.66    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-29

**Name of Applicant:** BlackRock Funds

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer