Schedule of Investments (unaudited) January 31, 2024 | BlackRock Advantage Emerging Markets Fund (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Common Stocks |
| |||||||
Australia — 0.5% | ||||||||
BHP Group Ltd., Class DI | 14,874 | $ | 458,489 | |||||
|
| |||||||
Brazil — 4.9% | ||||||||
Ambev SA | 273,886 | 723,080 | ||||||
Cia Siderurgica Nacional SA | 20,414 | 73,054 | ||||||
Cogna Educacao SA (a) | 1,296,656 | 764,217 | ||||||
EcoRodovias Infraestrutura e Logistica SA | 52,299 | 95,743 | ||||||
Marfrig Global Foods SA (a) | 35,309 | 67,063 | ||||||
Petroleo Brasileiro SA, ADR | 11,252 | 184,533 | ||||||
StoneCo Ltd., Class A (a) | 6,113 | 105,082 | ||||||
Telefonica Brasil SA | 58,876 | 610,341 | ||||||
TOTVS SA | 15,756 | 100,240 | ||||||
Ultrapar Participacoes SA | 8,599 | 48,893 | ||||||
Vale SA | 99,114 | 1,355,556 | ||||||
|
| |||||||
4,127,802 | ||||||||
Chile — 1.8% | ||||||||
Banco de Chile | 2,749,674 | 307,767 | ||||||
Banco Santander Chile | 6,365,223 | 294,369 | ||||||
Cencosud SA | 222,052 | 386,430 | ||||||
Empresas Copec SA | 9,089 | 57,782 | ||||||
Enel Americas SA | 1,772,410 | 179,624 | ||||||
Enel Chile SA | 704,528 | 42,349 | ||||||
Latam Airlines Group SA (a) | 21,196,257 | 261,933 | ||||||
|
| |||||||
1,530,254 | ||||||||
China — 23.5% | ||||||||
Alibaba Group Holding Ltd. | 271,520 | 2,435,256 | ||||||
Baidu, Inc., Class A (a) | 10,192 | 131,958 | ||||||
Bank of China Ltd., Class H | 1,034,000 | 388,029 | ||||||
BOE Technology Group Co. Ltd., Class A | 1,601,200 | 801,842 | ||||||
BYD Co. Ltd., Class A | 16,000 | 381,010 | ||||||
China Lesso Group Holdings Ltd. (a) | 243,000 | 107,654 | ||||||
China Life Insurance Co. Ltd., Class H | 97,000 | 111,826 | ||||||
China Merchants Bank Co. Ltd., Class H | 268,000 | 976,963 | ||||||
China Pacific Insurance Group Co. Ltd., Class H | 46,200 | 85,007 | ||||||
China Petroleum & Chemical Corp., Class H | 1,394,000 | 725,163 | ||||||
China Resources Land Ltd. | 24,000 | 72,865 | ||||||
Goldwind Science & Technology Co. Ltd., Class H | 117,800 | 43,029 | ||||||
Gree Electric Appliances, Inc. of Zhuhai, Class A | 167,800 | 824,121 | ||||||
Huatai Securities Co. Ltd., Class A | 391,300 | 749,112 | ||||||
Huayu Automotive Systems Co. Ltd., Class A | 23,000 | 52,035 | ||||||
Industrial & Commercial Bank of China Ltd., Class H | 480,000 | 233,822 | ||||||
JD.com, Inc., Class A | 90,710 | 1,022,858 | ||||||
Lens Technology Co. Ltd., Class A | 85,700 | 124,492 | ||||||
Lingyi iTech Guangdong Co., Class A | 54,100 | 35,698 | ||||||
Meihua Holdings Group Co. Ltd., Class A | 296,600 | 411,454 | ||||||
Meituan, Class B (a)(b) | 149,880 | 1,205,518 | ||||||
NetEase, Inc. | 63,370 | 1,231,793 | ||||||
PDD Holdings, Inc., ADR (a) | 1,591 | 201,850 | ||||||
PetroChina Co. Ltd., Class H | 1,085,700 | 785,358 | ||||||
Ping An Insurance Group Co. of China Ltd., Class H | 270,500 | 1,137,058 | ||||||
Poly Property Services Co. Ltd., Class H | 50,400 | 178,795 | ||||||
RiseSun Real Estate Development Co. Ltd., Class A (a) | 1 | — | ||||||
SAIC Motor Corp. Ltd., Class A | 439,500 | 836,613 | ||||||
Shanghai Pharmaceuticals Holding Co. Ltd., Class H | 118,700 | 167,784 | ||||||
Tencent Holdings Ltd. | 103,100 | 3,578,735 | ||||||
Trip.com Group Ltd. (a) | 7,100 | 258,436 | ||||||
Vipshop Holdings Ltd., ADR (a) | 2,633 | 41,838 |
Security | Shares | Value | ||||||
China (continued) | ||||||||
Weichai Power Co. Ltd., Class A | 131,800 | $ | 270,478 | |||||
Xiabuxiabu Catering Management China Holdings Co. Ltd. (b) | 529,500 | 134,459 | ||||||
Xiaomi Corp., Class B (a)(b) | 144,200 | 227,191 | ||||||
|
| |||||||
19,970,100 | ||||||||
Greece — 0.1% | ||||||||
OPAP SA, Class R | 3,348 | 57,963 | ||||||
|
| |||||||
Hong Kong — 0.2% | ||||||||
Bosideng International Holdings Ltd. | 392,000 | 177,206 | ||||||
|
| |||||||
India — 15.9% | ||||||||
Alkem Laboratories Ltd. | 9,372 | 563,478 | ||||||
Axis Bank Ltd. | 3,383 | 43,496 | ||||||
BEML Ltd., (Acquired 01/04/24, Cost: $553,880) (c) | 15,471 | 653,079 | ||||||
Bharat Petroleum Corp. Ltd. | 120,560 | 730,721 | ||||||
Birlasoft Ltd. | 81,390 | 831,521 | ||||||
Canara Bank | 32,374 | 187,937 | ||||||
Chambal Fertilisers and Chemicals Ltd. | 109,905 | 485,647 | ||||||
Computer Age Management Services Ltd. | 5,574 | 194,708 | ||||||
Dr. Lal PathLabs Ltd. (b) | 9,852 | 298,996 | ||||||
Fortis Healthcare Ltd. | 13,212 | 68,798 | ||||||
HCL Technologies Ltd. | 11,644 | 220,979 | ||||||
HDFC Bank Ltd. | 48,679 | 856,062 | ||||||
ICICI Bank Ltd. | 110,150 | 1,364,222 | ||||||
ICICI Bank Ltd., ADR | 9,175 | 223,870 | ||||||
Indian Oil Corp. Ltd. | 369,664 | 654,626 | ||||||
Infosys Ltd. | 9,658 | 192,544 | ||||||
JK Cement Ltd. | 5,903 | 309,822 | ||||||
Kotak Mahindra Bank Ltd. | 24,101 | 529,711 | ||||||
L&T Finance Holdings Ltd. | 102,200 | 213,343 | ||||||
Larsen & Toubro Ltd. | 21,703 | 908,601 | ||||||
Mahanagar Gas Ltd. | 2,068 | 36,907 | ||||||
Narayana Hrudayalaya Ltd. | 2,971 | 47,109 | ||||||
NCC Ltd./India | 17,645 | 45,734 | ||||||
Reliance Industries Ltd. | 18,573 | 638,104 | ||||||
Shree Cement Ltd. | 1,949 | 669,852 | ||||||
State Bank of India | 8,962 | 69,226 | ||||||
Steel Authority of India Ltd. | 317,274 | 467,933 | ||||||
Sun Pharmaceutical Industries Ltd. | 9,911 | 169,318 | ||||||
Tata Consultancy Services Ltd. | 20,973 | 963,313 | ||||||
Triveni Turbine Ltd., Class B (a) | 55,452 | 251,552 | ||||||
Voltas Ltd. | 3,995 | 52,551 | ||||||
Zydus Lifesciences Ltd. | 59,255 | 542,276 | ||||||
|
| |||||||
13,486,036 | ||||||||
Indonesia — 3.1% | ||||||||
Astra International Tbk PT | 2,052,700 | 666,672 | ||||||
Bank Mandiri Persero Tbk PT | 861,300 | 362,620 | ||||||
Bank Rakyat Indonesia Persero Tbk PT | 3,093,700 | 1,114,460 | ||||||
Perusahaan Gas Negara Tbk PT | 4,858,200 | 358,155 | ||||||
Vale Indonesia Tbk PT | 475,600 | 116,640 | ||||||
|
| |||||||
2,618,547 | ||||||||
Kuwait — 0.6% | ||||||||
Kuwait Finance House KSCP | 190,512 | 477,519 | ||||||
|
| |||||||
Malaysia — 3.3% | ||||||||
CIMB Group Holdings Bhd | 637,900 | 840,205 | ||||||
IHH Healthcare Bhd | 133,200 | 171,854 | ||||||
Malayan Banking Bhd | 119,500 | 233,742 | ||||||
MISC Bhd | 69,500 | 107,880 |
1 |
|
Schedule of Investments (unaudited) (continued) January 31, 2024 | BlackRock Advantage Emerging Markets Fund (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Malaysia (continued) | ||||||||
Petronas Dagangan Bhd | 19,000 | $ | 85,721 | |||||
Public Bank Bhd | 762,200 | 706,572 | ||||||
YTL Corp. Bhd | 1,178,200 | 580,869 | ||||||
YTL Power International Bhd | 62,800 | 54,357 | ||||||
|
| |||||||
2,781,200 | ||||||||
Mexico — 0.1% | ||||||||
Alsea SAB de CV (a) | 12,708 | 49,661 | ||||||
|
| |||||||
Poland — 1.9% | ||||||||
Bank Polska Kasa Opieki SA | 7,629 | 293,458 | ||||||
Powszechna Kasa Oszczednosci Bank Polski SA | 22,006 | 279,213 | ||||||
Powszechny Zaklad Ubezpieczen SA | 77,574 | 934,003 | ||||||
Santander Bank Polska SA | 652 | 78,969 | ||||||
|
| |||||||
1,585,643 | ||||||||
Qatar — 0.6% | ||||||||
Ooredoo QPSC | 53,466 | 156,930 | ||||||
Qatar National Bank QPSC | 89,345 | 379,557 | ||||||
|
| |||||||
536,487 | ||||||||
Russia(d) — 0.0% | ||||||||
Alrosa PJSC (a) | 1,407,496 | 156 | ||||||
LUKOIL PJSC | 23,527 | 3 | ||||||
Novatek PJSC | 29,650 | 3 | ||||||
|
| |||||||
162 | ||||||||
Saudi Arabia — 3.2% | ||||||||
Al Rajhi Bank | 7,794 | 173,985 | ||||||
Leejam Sports Co. JSC | 1,796 | 92,527 | ||||||
Saudi Basic Industries Corp. | 48,316 | 1,001,571 | ||||||
Saudi British Bank | 15,587 | 148,908 | ||||||
Saudi National Bank | 21,559 | 232,827 | ||||||
Saudi Telecom Co. | 95,029 | 1,034,068 | ||||||
|
| |||||||
2,683,886 | ||||||||
South Africa — 1.2% | ||||||||
Standard Bank Group Ltd. | 92,572 | 987,600 | ||||||
|
| |||||||
South Korea — 9.0% | ||||||||
AMOREPACIFIC Group | 15,083 | 277,159 | ||||||
Celltrion, Inc. | 1,191 | 160,359 | ||||||
Cheil Worldwide, Inc. | 18,860 | 259,577 | ||||||
CJ Logistics Corp. | 3,700 | 376,542 | ||||||
Daewoo Engineering & Construction Co. Ltd. (a) | 72,831 | 214,179 | ||||||
Daewoong Pharmaceutical Co. Ltd. (a) | 351 | 29,015 | ||||||
GS Holdings Corp. | 1,130 | 39,188 | ||||||
GS Retail Co. Ltd. (a) | 7,574 | 126,405 | ||||||
HD Hyundai Construction Equipment Co. Ltd. | 1,161 | 44,164 | ||||||
HL Mando Co. Ltd. (a) | 11,380 | 298,734 | ||||||
Hugel, Inc. (a) | 3,492 | 396,684 | ||||||
Hyundai Mobis Co. Ltd. | 1,233 | 193,277 | ||||||
Hyundai Motor Co. | 1,279 | 186,031 | ||||||
KCC Corp. | 1,437 | 264,671 | ||||||
Kia Corp. | 10,094 | 775,331 | ||||||
Kolon Industries, Inc. (a) | 1,645 | 50,039 | ||||||
LG Chem Ltd. | 624 | 202,354 | ||||||
LX International Corp. | 4,800 | 100,925 | ||||||
POSCO Holdings, Inc. | 158 | 50,130 | ||||||
Samsung Electronics Co. Ltd. | 54,010 | 2,934,732 | ||||||
Samsung SDI Co. Ltd. | 609 | 169,012 | ||||||
Seegene, Inc. | 3,583 | 67,817 | ||||||
SK Hynix, Inc. | 2,224 | 222,713 |
Security | Shares | Value | ||||||
South Korea (continued) | ||||||||
SK Telecom Co. Ltd. | 681 | $ | 25,605 | |||||
SK, Inc. | 1,216 | 166,687 | ||||||
S-Oil Corp. | 513 | 26,081 | ||||||
|
| |||||||
7,657,411 | ||||||||
Taiwan — 18.2% | ||||||||
Arcadyan Technology Corp. | 69,000 | 379,913 | ||||||
Asustek Computer, Inc. | 32,000 | 454,378 | ||||||
Chicony Electronics Co. Ltd. | 149,000 | 781,240 | ||||||
Chunghwa Telecom Co. Ltd. | 81,000 | 307,064 | ||||||
CTBC Financial Holding Co. Ltd. | 1,110,000 | 1,007,005 | ||||||
E.Sun Financial Holding Co. Ltd. | 155,000 | 122,340 | ||||||
Elan Microelectronics Corp. | 139,000 | 664,871 | ||||||
Far EasTone Telecommunications Co. Ltd. | 10,000 | 25,719 | ||||||
Hon Hai Precision Industry Co. Ltd. | 332,000 | 1,086,046 | ||||||
Hon Hai Precision Industry Co. Ltd., GDR | 3,405 | 22,012 | ||||||
Makalot Industrial Co. Ltd. | 10,000 | 114,712 | ||||||
MediaTek, Inc. | 45,000 | 1,388,593 | ||||||
Phison Electronics Corp. | 48,000 | 806,124 | ||||||
Powertech Technology, Inc. | 26,000 | 120,710 | ||||||
Poya International Co. Ltd. | 18,420 | 303,495 | ||||||
Primax Electronics Ltd. | 64,000 | 134,163 | ||||||
Sercomm Corp. | 16,000 | 66,276 | ||||||
Simplo Technology Co. Ltd. | 3,000 | 38,914 | ||||||
Taiwan Semiconductor Manufacturing Co. Ltd. | 305,000 | 6,105,640 | ||||||
Taiwan Semiconductor Manufacturing Co. Ltd., ADR | 5,242 | 592,136 | ||||||
Tripod Technology Corp. | 53,000 | 316,473 | ||||||
United Microelectronics Corp. | 35,000 | 54,518 | ||||||
Visual Photonics Epitaxy Co. Ltd. | 11,000 | 47,342 | ||||||
Win Semiconductors Corp. | 110,000 | 542,016 | ||||||
|
| |||||||
15,481,700 | ||||||||
Thailand — 1.7% | ||||||||
Bangchak Corp. PCL, NVDR | 275,500 | 325,596 | ||||||
Bangkok Dusit Medical Services PCL, NVDR | 579,100 | 448,882 | ||||||
PTT Exploration & Production PCL, NVDR | 163,500 | 690,021 | ||||||
|
| |||||||
1,464,499 | ||||||||
Turkey — 0.6% | ||||||||
Migros Ticaret A/S, Class A | 41,268 | 555,045 | ||||||
|
| |||||||
United Arab Emirates — 0.4% | ||||||||
First Abu Dhabi Bank PJSC | 80,471 | 320,813 | ||||||
|
| |||||||
United States — 0.9% | ||||||||
Genpact Ltd. | 22,286 | 800,067 | ||||||
|
| |||||||
Total Common Stocks — 91.7% |
| 77,808,090 | ||||||
|
| |||||||
Preferred Securities | ||||||||
Preferred Stocks — 3.4% | ||||||||
Brazil — 3.1% | ||||||||
Banco Bradesco SA, Preference Shares | 113,402 | 351,348 | ||||||
Cia Energetica de Minas Gerais, Preference Shares | 17,583 | 40,884 | ||||||
Gerdau SA, Preference Shares | 13,504 | 57,348 | ||||||
Itau Unibanco Holding SA, Preference Shares | 51,886 | 343,295 |
S C H E D U L E O F I N V E S T M E N T S | 2 |
Schedule of Investments (unaudited) (continued) January 31, 2024 | BlackRock Advantage Emerging Markets Fund (Percentages shown are based on Net Assets) |
Security | Shares | Value | ||||||
Brazil (continued) | ||||||||
Petroleo Brasileiro SA, Preference Shares | 181,015 | $ | 1,477,890 | |||||
Usinas Siderurgicas de Minas Gerais S/A Usiminas, Preference Shares | 189,632 | 351,752 | ||||||
|
| |||||||
2,622,517 | ||||||||
|
| |||||||
Chile — 0.3% | ||||||||
Sociedad Quimica y Minera de Chile SA, Class B | 6,003 | 257,769 | ||||||
|
| |||||||
Total Preferred Securities — 3.4% | 2,880,286 | |||||||
|
| |||||||
Total Long-Term Investments — 95.1% | 80,688,376 | |||||||
|
| |||||||
Short-Term Securities | ||||||||
Money Market Funds — 5.1% | ||||||||
BlackRock Liquidity Funds, T-Fund, Institutional Class, 5.21%(e)(f) | 4,345,418 | 4,345,418 | ||||||
|
| |||||||
Total Short-Term Securities — 5.1% | 4,345,418 | |||||||
|
| |||||||
Total Investments — 100.2% | 85,033,794 | |||||||
Liabilities in Excess of Other Assets — (0.2)% |
| (178,240 | ) | |||||
|
| |||||||
Net Assets — 100.0% | $ | 84,855,554 | ||||||
|
|
(a) | Non-income producing security. |
(b) | 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. |
(c) | Restricted security as to resale, excluding 144A securities. The Fund held restricted securities with a current value of $653,079, representing 0.8% of its net assets as of period end, and an original cost of $553,880. |
(d) | Security is valued using significant unobservable inputs and is classified as Level 3 in the fair value hierarchy. |
(e) | Affiliate of the Fund. |
(f) | Annualized 7-day yield as of period end. |
Affiliates
Investments in issuers considered to be affiliate(s) of the Fund during the period ended January 31, 2024 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:
Affiliated Issuer | Value at 04/30/23 | Purchases at Cost | Proceeds from Sale | Net Gain (Loss) | Change in Appreciation (Depreciation) | Value at 01/31/24 | Shares Held at 01/31/24 | Income | Capital Gain Distributions from Underlying Funds | |||||||||||||||||||||||||||
BlackRock Liquidity Funds, T-Fund, Institutional Class | $ | 4,592,936 | $ | — | $ | (247,518 | )(a) | $ | — | $ | — | $ | 4,345,418 | 4,345,418 | $ | 154,879 | $ | — | ||||||||||||||||||
SL Liquidity Series, LLC, Money Market Series(b) | 8,990 | — | (8,992 | )(a) | 8 | (6 | ) | — | — | 244 | (c) | — | ||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||||||||||||||||||||
$ | 8 | $ | (6 | ) | $ | 4,345,418 | $ | 155,123 | $ | — | ||||||||||||||||||||||||||
|
|
|
|
|
|
|
|
|
|
(a) | Represents net amount purchased (sold). |
(b) | As of period end, the entity is no longer held. |
(c) | All or a portion represents securities lending income earned from the reinvestment of cash collateral from loaned securities, net of fees and collateral investment expenses, and other payments to and from borrowers of securities. |
Derivative Financial Instruments Outstanding as of Period End
Futures Contracts
Description | Number of Contracts | Expiration Date | Notional Amount (000) | Value/ Unrealized Appreciation (Depreciation) | ||||||||||||
Long Contracts | ||||||||||||||||
MSCI Emerging Markets Index | 85 | 03/15/24 | $ | 4,168 | $ | (81,926 | ) | |||||||||
|
|
3 |
|
Schedule of Investments (unaudited) (continued) January 31, 2024 | BlackRock Advantage Emerging Markets Fund |
Fair Value Hierarchy as of Period End
Various inputs are used in determining the fair value of financial instruments. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows:
• | Level 1 – Unadjusted price quotations in active markets/exchanges for identical assets or liabilities that the Fund has the ability to access; |
• | Level 2 – Other observable inputs (including, but not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks and default rates) or other market–corroborated inputs); and |
• | Level 3 – Unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available (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. There may not be a secondary market, and/or there are 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 | ||||||||||||||||
Investments | ||||||||||||||||
Long-Term Investments | ||||||||||||||||
Common Stocks | ||||||||||||||||
Australia | $ | — | $ | 458,489 | $ | — | $ | 458,489 | ||||||||
Brazil | 4,127,802 | — | — | 4,127,802 | ||||||||||||
Chile | 1,222,487 | 307,767 | — | 1,530,254 | ||||||||||||
China | 243,688 | 19,726,412 | — | 19,970,100 | ||||||||||||
Greece | 57,963 | — | — | 57,963 | ||||||||||||
Hong Kong | — | 177,206 | — | 177,206 | ||||||||||||
India | 223,870 | 13,262,166 | — | 13,486,036 | ||||||||||||
Indonesia | 116,640 | 2,501,907 | — | 2,618,547 | ||||||||||||
Kuwait | — | 477,519 | — | 477,519 | ||||||||||||
Malaysia | 85,721 | 2,695,479 | — | 2,781,200 | ||||||||||||
Mexico | 49,661 | — | — | 49,661 | ||||||||||||
Poland | — | 1,585,643 | — | 1,585,643 | ||||||||||||
Qatar | 156,930 | 379,557 | — | 536,487 | ||||||||||||
Russia | — | — | 162 | 162 | ||||||||||||
Saudi Arabia | 92,527 | 2,591,359 | — | 2,683,886 | ||||||||||||
South Africa | 987,600 | — | — | 987,600 | ||||||||||||
South Korea | — | 7,657,411 | — | 7,657,411 | ||||||||||||
Taiwan | 592,136 | 14,889,564 | — | 15,481,700 | ||||||||||||
Thailand | — | 1,464,499 | — | 1,464,499 | ||||||||||||
Turkey | — | 555,045 | — | 555,045 | ||||||||||||
United Arab Emirates | — | 320,813 | — | 320,813 | ||||||||||||
United States | 800,067 | — | — | 800,067 | ||||||||||||
Preferred Securities | ||||||||||||||||
Preferred Stocks | ||||||||||||||||
Brazil | 2,622,517 | — | — | 2,622,517 | ||||||||||||
Chile | — | 257,769 | — | 257,769 | ||||||||||||
Short-Term Securities | ||||||||||||||||
Money Market Funds | 4,345,418 | — | — | 4,345,418 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
$ | 15,725,027 | $ | 69,308,605 | $ | 162 | $ | 85,033,794 | |||||||||
|
|
|
|
|
|
|
|
S C H E D U L E O F I N V E S T M E N T S | 4 |
Schedule of Investments (unaudited) (continued) January 31, 2024 | BlackRock Advantage Emerging Markets Fund |
Fair Value Hierarchy as of Period End (continued)
Level 1 | Level 2 | Level 3 | Total | |||||||||||||
Derivative Financial Instruments(a) | ||||||||||||||||
Liabilities | ||||||||||||||||
Equity Contracts | $ | (81,926 | ) | $ | — | $ | — | $ | (81,926 | ) | ||||||
|
|
|
|
|
|
|
|
(a) | Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument. |
Portfolio Abbreviation
ADR | American Depositary Receipt | |
GDR | Global Depositary Receipt | |
JSC | Joint Stock Company | |
MSCI | Morgan Stanley Capital International | |
NVDR | Non-Voting Depositary Receipt | |
PCL | Public Company Limited | |
PJSC | Public Joint Stock Company | |
SAB | Special Assessment Bonds |
5 |
|