BlackRock Funds III NPORT-P iShares MSCI Total International Index Fund (Mar 2024 report)

Schedule of Investments (unaudited) March 31, 2024 iShares MSCI Total International Index Fund (Percentages shown are based on Net Assets)

Mutual Fund	Value
Total International ex U.S. Index Master Portfolio of Master Investment Portfolio	$	1,901,051,239
Total Investments — 100.1% (Cost: $1,457,279,984)		1,901,051,239
Liabilities in Excess of Other Assets — (0.1)%		(1,201,984	)
Net Assets — 100.0%	$	1,899,849,255

 

iShares MSCI Total International Index Fund (the “Fund”) seeks to achieve its investment objective by investing all of its assets in Total International ex U.S. Index Master Portfolio (the “Master Portfolio”), which has the same investment objective and strategies as the Fund. As of March 31, 2024, the value of the investment and the percentage owned by the Fund of the Master Portfolio was $1,901,051,239 and 99.9%, respectively.

The Fund records its investment in the Master Portfolio at fair value. The Fund’s investment in the Master Portfolio is valued pursuant to the pricing policies approved by the Board of Trustees of the Master Portfolio.

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 investments is based on the pricing transparency of the investments 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 investments, refer to the Fund’s most recent financial statements.

Certain investments of the Fund were fair valued using net asset value per share or its equivalent as no quoted market value is available and therefore have been excluded from the fair value hierarchy.

S C H E D U L E O F I N V E S T M E N T S 1

Schedule of Investments (unaudited) March 31, 2024 Total International ex U.S. Index Master Portfolio (Percentages shown are based on Net Assets)

Security	Shares		Value
Common Stocks
Australia — 4.7%
Ampol Ltd.		14,063	$	364,798
ANZ Group Holdings Ltd.		215,846		4,136,925
APA Group		76,671		420,233
Aristocrat Leisure Ltd.		43,135		1,207,819
ASX Ltd.		15,181		656,775
Aurizon Holdings Ltd.		137,482		358,478
BHP Group Ltd., Class DI		363,392		10,507,097
BlueScope Steel Ltd.		28,378		441,366
Brambles Ltd.		96,208		1,012,503
CAR Group Ltd.		24,727		581,230
Cochlear Ltd.		4,363		959,559
Coles Group Ltd.		93,061		1,027,320
Commonwealth Bank of Australia		120,457		9,448,576
Computershare Ltd.		37,235		634,220
Dexus		79,034		407,230
EBOS Group Ltd.		10,308		210,818
Endeavour Group Ltd./Australia		115,390		414,300
Fortescue Ltd.		121,863		2,039,381
Glencore PLC		738,541		4,052,785
Goodman Group		135,806		2,991,438
GPT Group		129,031		383,998
IDP Education Ltd. (a)		21,359		249,326
Insurance Australia Group Ltd.		176,361		735,660
Lottery Corp. Ltd.		155,513		521,529
Macquarie Group Ltd.		25,298		3,290,701
Medibank Pvt Ltd.		172,608		422,911
Mineral Resources Ltd.		13,255		611,562
Mirvac Group		235,746		362,344
National Australia Bank Ltd.		223,458		5,059,552
Northern Star Resources Ltd.		84,258		795,021
Orica Ltd.		41,369		492,058
Origin Energy Ltd.		129,582		777,326
Pilbara Minerals Ltd. (a)		234,454		585,068
Qantas Airways Ltd. (b)		53,113		188,558
QBE Insurance Group Ltd.		107,295		1,268,302
Ramsay Health Care Ltd.		12,189		448,727
REA Group Ltd.		3,131		378,312
Reece Ltd.		18,949		346,951
Rio Tinto Ltd. (a)		25,630		2,034,133
Rio Tinto PLC		83,799		5,298,180
Santos Ltd.		222,708		1,127,549
Scentre Group		405,158		894,801
SEEK Ltd.		20,381		332,345
Seven Group Holdings Ltd.		14,861		394,911
Sonic Healthcare Ltd.		30,007		575,018
South32 Ltd.		337,592		658,754
Stockland		205,293		648,700
Suncorp Group Ltd.		95,389		1,018,175
Telstra Group Ltd.		301,359		758,046
Transurban Group		211,241		1,832,540
Treasury Wine Estates Ltd.		53,683		435,455
Vicinity Ltd.		257,934		358,021
Washington H Soul Pattinson & Co. Ltd.		19,317		422,898
Wesfarmers Ltd.		84,519		3,767,423
Westpac Banking Corp.		255,985		4,353,831
WiseTech Global Ltd.		11,221		686,309
Woodside Energy Group Ltd.		139,624		2,783,037
Woolworths Group Ltd.		87,430		1,889,890
				89,060,773

Security	Shares		Value
Austria — 0.1%
Erste Group Bank AG		23,578	$	1,050,817
Mondi PLC		35,244		620,763
OMV AG		9,141		432,941
Verbund AG		4,162		304,076
Voestalpine AG		8,881		249,139
				2,657,736
Belgium — 0.5%
Ageas SA/NV		11,973		554,656
Anheuser-Busch InBev SA		65,806		4,005,873
D’ieteren Group		2,071		459,144
Elia Group SA/NV		2,515		271,482
Groupe Bruxelles Lambert NV		6,898		521,476
KBC Group NV		17,925		1,343,875
Lotus Bakeries NV		27		260,704
Sofina SA		925		207,431
Syensqo SA (b)		4,759		450,942
UCB SA		10,011		1,235,826
Umicore SA		13,889		299,441
Warehouses De Pauw CVA		14,567		415,375
				10,026,225
Brazil — 1.1%
Ambev SA		304,175		757,496
Atacadao SA		57,685		156,766
B3 SA - Brasil Bolsa Balcao		376,554		900,204
Banco Bradesco SA		98,456		250,096
Banco BTG Pactual SA		88,794		644,967
Banco do Brasil SA		62,464		705,170
Banco Santander Brasil SA		25,605		145,602
BB Seguridade Participacoes SA		53,016		343,757
Caixa Seguridade Participacoes S/A		80,299		250,084
CCR SA		52,851		145,632
Centrais Eletricas Brasileiras SA		92,400		768,250
Cia de Saneamento Basico do Estado de Sao Paulo		21,664		365,861
Cia Siderurgica Nacional SA		38,838		121,577
Cosan SA		110,276		356,197
CPFL Energia SA		19,091		132,503
Energisa SA		23,622		225,463
Eneva SA (b)		70,481		179,175
Engie Brasil Energia SA		25,356		203,540
Equatorial Energia SA		71,459		463,770
Hapvida Participacoes e Investimentos SA (b)(c)		332,416		245,232
Hypera SA		36,235		237,911
Klabin SA		50,466		254,171
Localiza Rent a Car SA		62,481		681,194
Lojas Renner SA		59,690		202,085
Magazine Luiza SA (b)		185,898		66,718
Natura & Co. Holding SA		71,592		255,227
Petroleo Brasileiro SA		255,174		1,947,613
PRIO SA		59,039		573,745
Raia Drogasil SA		86,360		471,283
Rede D’Or Sao Luiz SA (c)		40,523		204,498
Rumo SA		94,600		419,866
Sendas Distribuidora S/A		102,616		300,969
Suzano SA		56,599		722,017
Telefonica Brasil SA		36,056		363,766
TIM SA/Brazil		41,040		145,654
TOTVS SA		46,780		264,708
Ultrapar Participacoes SA		45,628		259,008
Vale SA		240,115		2,912,269
Vibra Energia SA		77,463		386,280
WEG SA		120,379		916,872

MASTER PORTFOLIO SCHEDULE OF INVESTMENTS 1

Schedule of Investments (unaudited) (continued) March 31, 2024 Total International ex U.S. Index Master Portfolio (Percentages shown are based on Net Assets)

Security	Shares		Value
Brazil (continued)
Wheaton Precious Metals Corp.		32,629	$	1,536,843
Yara International ASA		11,135		353,081
				20,837,120
Canada — 7.3%
Agnico Eagle Mines Ltd.		33,743		2,012,050
Air Canada (a)(b)		13,677		198,004
Alimentation Couche-Tard, Inc.		56,575		3,228,979
AltaGas Ltd.		16,709		369,077
ARC Resources Ltd. (a)		38,010		677,673
Bank of Montreal		50,952		4,974,642
Bank of Nova Scotia (a)		85,410		4,418,204
Barrick Gold Corp. (a)		132,403		2,202,237
BCE, Inc.		4,874		165,627
Brookfield Asset Management Ltd., Class A		25,782		1,083,013
Brookfield Corp., Class A		96,542		4,039,718
CAE, Inc. (b)		23,225		479,571
Cameco Corp.		29,694		1,285,487
Canadian Apartment Properties REIT (a)		5,093		174,799
Canadian Imperial Bank of Commerce (a)		65,177		3,304,200
Canadian National Railway Co. (a)		38,879		5,119,669
Canadian Natural Resources Ltd.		75,931		5,792,293
Canadian Pacific Kansas City Ltd.		65,882		5,808,783
Canadian Tire Corp. Ltd., Class A (a)		3,349		334,022
Canadian Utilities Ltd., Class A		7,661		174,480
CCL Industries, Inc., Class B		11,840		605,133
Cenovus Energy, Inc. (a)		98,188		1,962,963
CGI, Inc. (b)		14,733		1,625,410
Constellation Software, Inc./Canada		1,420		3,878,779
Descartes Systems Group, Inc. (b)		5,669		518,541
Dollarama, Inc.		19,542		1,488,715
Element Fleet Management Corp.		24,611		397,722
Emera, Inc.		19,724		694,137
Empire Co. Ltd., Class A		13,709		334,793
Enbridge, Inc.		151,009		5,457,082
Fairfax Financial Holdings Ltd.		1,464		1,578,079
FirstService Corp.		2,427		401,797
Fortis, Inc./Canada (a)		43,211		1,707,322
Franco-Nevada Corp.		13,976		1,665,296
George Weston Ltd.		3,891		525,704
Gildan Activewear, Inc., Class A		13,731		509,584
Great-West Lifeco, Inc.		18,393		588,228
Hydro One Ltd. (c)		22,519		656,676
iA Financial Corp., Inc.		6,622		411,385
IGM Financial, Inc. (a)		4,062		104,747
Imperial Oil Ltd.		15,043		1,037,590
Intact Financial Corp.		13,156		2,137,128
Ivanhoe Mines Ltd., Class A (a)(b)		38,741		462,186
Keyera Corp. (a)		14,274		367,664
Kinross Gold Corp.		89,851		551,225
Loblaw Cos. Ltd.		12,083		1,338,938
Magna International, Inc. (a)		19,911		1,084,665
Manulife Financial Corp.		126,146		3,150,507
MEG Energy Corp. (b)		19,708		452,489
Metro, Inc.		16,698		896,444
National Bank of Canada (a)		24,340		2,049,552
Northland Power, Inc.		23,241		379,701
Nutrien Ltd.		34,018		1,848,130
Onex Corp.		4,171		312,452
Open Text Corp.		20,676		802,282
Pan American Silver Corp. (a)		24,338		366,898
Parkland Corp.		12,474		397,275

Security	Shares		Value
Canada (continued)
Pembina Pipeline Corp.		38,676	$	1,365,102
Power Corp. of Canada (a)		39,983		1,121,077
Quebecor, Inc., Class B		9,595		210,310
RB Global, Inc. (a)		12,950		986,343
Restaurant Brands International, Inc.		24,260		1,926,579
RioCan Real Estate Investment Trust		9,233		125,897
Rogers Communications, Inc., Class B		25,085		1,027,808
Royal Bank of Canada		101,520		10,239,314
Saputo, Inc. (a)		16,184		318,411
Shopify, Inc., Class A (b)		87,258		6,731,727
Stantec, Inc.		7,410		615,207
Sun Life Financial, Inc.		42,354		2,311,014
Suncor Energy, Inc.		92,567		3,416,208
TC Energy Corp. (a)		82,264		3,306,229
Teck Resources Ltd., Class B		33,603		1,538,065
TELUS Corp.		41,150		658,315
TFI International, Inc.		5,665		903,355
Thomson Reuters Corp.		11,577		1,801,655
TMX Group Ltd.		19,820		522,807
Toromont Industries Ltd.		5,474		526,770
Toronto-Dominion Bank		126,067		7,608,414
Tourmaline Oil Corp.		22,500		1,051,955
West Fraser Timber Co. Ltd.		3,452		298,066
WSP Global, Inc.		8,924		1,487,344
				138,687,719
Chile — 0.2%
Antofagasta PLC		24,306		624,324
Banco de Chile		3,300,922		367,160
Banco de Credito e Inversiones SA		3,375		96,486
Banco Santander Chile		3,568,890		177,758
Cencosud SA		73,021		126,699
Cia Sud Americana de Vapores SA		1,681,449		126,482
Empresas CMPC SA		65,894		133,904
Empresas Copec SA		41,034		294,802
Enel Americas SA		1,282,819		125,052
Enel Chile SA		1,792,039		107,730
Falabella SA (b)		52,829		138,664
Latam Airlines Group SA (b)		17,025,204		212,170
Lundin Mining Corp.		48,972		501,090
				3,032,321
China — 7.1%
360 Security Technology, Inc., Class A (b)		73,500		89,672
37 Interactive Entertainment Network Technology Group Co. Ltd., Class A		14,800		35,980
AAC Technologies Holdings, Inc.		49,000		164,560
Advanced Micro-Fabrication Equipment, Inc. China, Class A		5,400		111,101
AECC Aviation Power Co. Ltd., Class A		7,600		35,145
Agricultural Bank of China Ltd., Class A		289,800		166,483
Agricultural Bank of China Ltd., Class H		2,250,000		949,747
Aier Eye Hospital Group Co. Ltd., Class A		27,670		49,034
Air China Ltd., Class A (b)		20,298		20,419
Air China Ltd., Class H (b)		230,000		111,771
Airtac International Group		8,371		290,216
Akeso, Inc. (a)(b)(c)		28,000		167,133
Alibaba Group Holding Ltd.		1,163,352		10,519,990
Alibaba Health Information Technology Ltd. (a)(b)		556,000		226,545
Aluminum Corp. of China Ltd., Class A		100,100		98,109
Aluminum Corp. of China Ltd., Class H		470,000		299,277
Angel Yeast Co. Ltd., Class A		6,000		23,816
Anhui Conch Cement Co. Ltd., Class A		17,700		54,172

2

Schedule of Investments (unaudited) (continued) March 31, 2024 Total International ex U.S. Index Master Portfolio (Percentages shown are based on Net Assets)

Security	Shares		Value
China (continued)
Anhui Conch Cement Co. Ltd., Class H		89,500	$	185,593
Anhui Gujing Distillery Co. Ltd., Class A		1,500		54,249
Anhui Gujing Distillery Co. Ltd., Class B		8,500		119,615
ANTA Sports Products Ltd.		91,200		972,448
Asymchem Laboratories Tianjin Co. Ltd., Class A		2,800		34,463
Autohome, Inc., ADR		3,727		97,722
AviChina Industry & Technology Co. Ltd., Class H		116,000		45,669
Baidu, Inc., Class A (b)		166,252		2,188,643
Bank of Beijing Co. Ltd., Class A		100,100		77,894
Bank of Chengdu Co. Ltd., Class A		6,800		12,680
Bank of China Ltd., Class A		352,000		212,393
Bank of China Ltd., Class H		5,447,000		2,233,327
Bank of Communications Co. Ltd., Class A		134,200		115,546
Bank of Communications Co. Ltd., Class H		782,700		514,712
Bank of Jiangsu Co. Ltd., Class A		54,240		58,582
Bank of Nanjing Co. Ltd., Class A		57,500		71,514
Bank of Ningbo Co. Ltd., Class A		28,160		80,784
Bank of Shanghai Co. Ltd., Class A		76,510		70,705
Baoshan Iron & Steel Co. Ltd., Class A		75,798		67,582
BeiGene Ltd. (b)		52,069		626,421
Beijing Enterprises Holdings Ltd.		67,500		196,033
Beijing Enterprises Water Group Ltd.		232,000		51,642
Beijing Kingsoft Office Software, Inc., Class A		3,403		140,202
Beijing Tongrentang Co. Ltd., Class A		5,500		31,577
Beijing Wantai Biological Pharmacy Enterprise Co. Ltd., Class A		6,699		64,047
Beijing-Shanghai High Speed Railway Co. Ltd., Class A		246,900		169,736
Bilibili, Inc., Class Z (a)(b)		17,519		198,728
BOC Aviation Ltd. (c)		12,300		94,890
BOC Hong Kong Holdings Ltd.		242,500		650,213
BOE Technology Group Co. Ltd., Class A		158,600		88,051
Bosideng International Holdings Ltd.		234,000		117,039
Brilliance China Automotive Holdings Ltd.		174,000		120,089
BYD Co. Ltd., Class A		6,700		192,424
BYD Co. Ltd., Class H		86,500		2,214,837
BYD Electronic International Co. Ltd.		62,500		230,712
C&D International Investment Group Ltd.		63,000		110,064
Cambricon Technologies Corp. Ltd., Class A (b)		5,761		141,612
Canmax Technologies Co. Ltd., Class A		12,870		34,924
CGN Power Co. Ltd., Class H (c)		675,000		200,258
Changchun High & New Technology Industry Group, Inc., Class A		2,200		36,791
Chaozhou Three-Circle Group Co. Ltd., Class A		6,900		23,624
China Cinda Asset Management Co. Ltd., Class H		522,000		43,386
China CITIC Bank Corp. Ltd., Class H		547,000		291,770
China Coal Energy Co. Ltd., Class H		194,000		188,968
China Communications Services Corp. Ltd., Class H		138,000		64,398
China Construction Bank Corp., Class A		183,600		172,713
China Construction Bank Corp., Class H		6,577,000		3,969,041
China CSSC Holdings Ltd., Class A		30,600		145,804
China Energy Engineering Corp. Ltd., Class A		19,100		5,525
China Everbright Bank Co. Ltd., Class A		318,300		122,161
China Feihe Ltd. (c)		213,000		100,234
China Galaxy Securities Co. Ltd., Class A		57,500		93,711
China Galaxy Securities Co. Ltd., Class H		413,500		203,205
China Gas Holdings Ltd.		181,000		163,289
China Hongqiao Group Ltd.		133,000		149,883
China International Capital Corp. Ltd., Class A		25,600		112,958
China International Capital Corp. Ltd., Class H (c)		80,800		95,928
China Life Insurance Co. Ltd., Class A		34,700		136,342
China Life Insurance Co. Ltd., Class H		474,000		570,023
China Literature Ltd. (b)(c)		21,400		71,695

Security	Shares		Value
China (continued)
China Longyuan Power Group Corp. Ltd., Class H		323,000	$	226,591
China Medical System Holdings Ltd.		81,000		85,068
China Mengniu Dairy Co. Ltd.		242,000		520,864
China Merchants Bank Co. Ltd., Class A		120,100		533,128
China Merchants Bank Co. Ltd., Class H		234,078		927,772
China Merchants Energy Shipping Co. Ltd., Class A		133,700		141,942
China Merchants Port Holdings Co. Ltd.		65,720		78,803
China Merchants Securities Co. Ltd., Class A		26,300		50,131
China Merchants Shekou Industrial Zone Holdings Co. Ltd., Class A		32,997		43,912
China Minsheng Banking Corp. Ltd., Class A		159,000		88,902
China Minsheng Banking Corp. Ltd., Class H		361,180		125,171
China National Building Material Co. Ltd., Class H		228,000		78,477
China National Nuclear Power Co. Ltd., Class A		127,500		157,182
China Northern Rare Earth Group High-Tech Co. Ltd., Class A		7,700		20,244
China Oilfield Services Ltd., Class H		182,000		209,473
China Overseas Land & Investment Ltd.		245,500		354,316
China Overseas Property Holdings Ltd., Class H		85,000		47,112
China Pacific Insurance Group Co. Ltd., Class A		27,600		86,093
China Pacific Insurance Group Co. Ltd., Class H		220,000		385,951
China Petroleum & Chemical Corp., Class A		186,500		159,890
China Petroleum & Chemical Corp., Class H		1,576,400		896,539
China Power International Development Ltd.		424,000		174,115
China Railway Group Ltd., Class A		122,200		114,703
China Railway Group Ltd., Class H		230,000		113,847
China Resources Beer Holdings Co. Ltd.		130,000		600,297
China Resources Gas Group Ltd.		98,200		313,361
China Resources Land Ltd.		207,111		657,046
China Resources Mixc Lifestyle Services Ltd. (a)(c)		55,000		174,288
China Resources Pharmaceutical Group Ltd. (c)		170,000		108,696
China Resources Power Holdings Co. Ltd.		120,000		280,255
China Resources Sanjiu Medical & Pharmaceutical Co. Ltd., Class A		16,900		122,707
China Ruyi Holdings Ltd. (b)		596,000		151,716
China Shenhua Energy Co. Ltd., Class A		31,800		169,300
China Shenhua Energy Co. Ltd., Class H		260,000		1,022,755
China Southern Airlines Co. Ltd., Class A (b)		136,100		105,023
China State Construction Engineering Corp. Ltd., Class A		145,500		104,627
China State Construction International Holdings Ltd.		188,000		205,496
China Taiping Insurance Holdings Co. Ltd.		72,672		63,708
China Three Gorges Renewables Group Co. Ltd., Class A		116,800		75,305
China Tourism Group Duty Free Corp. Ltd., Class A		7,000		83,212
China Tourism Group Duty Free Corp. Ltd., Class H (c)		5,500		54,903
China Tower Corp. Ltd., Class H (c)		2,650,000		304,987
China United Network Communications Ltd., Class A		225,300		143,158
China Vanke Co. Ltd., Class A		62,901		80,096
China Vanke Co. Ltd., Class H		86,200		59,807
China Yangtze Power Co. Ltd., Class A		143,800		492,052
China Zheshang Bank Co. Ltd., Class A		257,920		104,475
Chongqing Changan Automobile Co. Ltd., Class A		55,510		131,359
Chongqing Zhifei Biological Products Co. Ltd., Class A		26,450		164,946
Chow Tai Fook Jewellery Group Ltd. (a)		165,800		244,850
CITIC Ltd.		500,000		481,242
CITIC Securities Co. Ltd., Class A		96,215		256,225
CITIC Securities Co. Ltd., Class H		173,450		286,506
CMOC Group Ltd., Class A		169,700		191,192
CMOC Group Ltd., Class H		213,000		181,396

MASTER PORTFOLIO SCHEDULE OF INVESTMENTS 3

Schedule of Investments (unaudited) (continued) March 31, 2024 Total International ex U.S. Index Master Portfolio (Percentages shown are based on Net Assets)

Security	Shares		Value
China (continued)
Contemporary Amperex Technology Co. Ltd., Class A		21,600	$	562,024
COSCO SHIPPING Energy Transportation Co. Ltd., Class A		12,400		27,211
COSCO SHIPPING Energy Transportation Co. Ltd., Class H		170,000		176,149
COSCO SHIPPING Holdings Co. Ltd., Class A		70,377		100,590
COSCO SHIPPING Holdings Co. Ltd., Class H		179,350		188,834
COSCO SHIPPING Ports Ltd.		134,000		73,577
Country Garden Holdings Co. Ltd. (a)(b)		447,270		27,807
Country Garden Services Holdings Co. Ltd.		107,000		68,672
CRRC Corp. Ltd., Class A		246,400		224,662
CRRC Corp. Ltd., Class H		309,000		166,795
CSC Financial Co. Ltd., Class A		17,500		52,999
CSPC Pharmaceutical Group Ltd.		664,400		522,949
Daqin Railway Co. Ltd., Class A		53,300		53,723
Dongfeng Motor Group Co. Ltd., Class H		138,000		57,705
East Buy Holding Ltd. (a)(b)(c)		26,000		69,186
East Money Information Co. Ltd., Class A		86,250		153,156
Ecovacs Robotics Co. Ltd., Class A		1,800		8,826
ENN Energy Holdings Ltd.		65,300		508,096
ESR Group Ltd. (c)		124,200		133,066
Eve Energy Co. Ltd., Class A		4,600		24,894
Everbright Securities Co. Ltd., Class A		28,900		64,764
Fangda Carbon New Material Co. Ltd., Class A (b)		10,420		6,890
Far East Horizon Ltd.		141,000		104,486
Flat Glass Group Co. Ltd., Class A		18,000		71,482
Flat Glass Group Co. Ltd., Class H		16,000		38,945
Focus Media Information Technology Co. Ltd., Class A		37,300		33,408
Foshan Haitian Flavouring & Food Co. Ltd., Class A		28,572		155,905
Fosun International Ltd.		131,500		68,611
Founder Securities Co. Ltd., Class A		33,200		35,750
Foxconn Industrial Internet Co. Ltd., Class A		116,000		375,079
Fuyao Glass Industry Group Co. Ltd., Class A		13,000		76,886
Fuyao Glass Industry Group Co. Ltd., Class H (c)		38,800		195,484
Ganfeng Lithium Group Co. Ltd., Class A		10,780		53,375
Ganfeng Lithium Group Co. Ltd., Class H (c)		29,040		89,017
GCL Technology Holdings Ltd.		1,362,000		223,158
GD Power Development Co. Ltd., Class A		235,600		162,531
Geely Automobile Holdings Ltd.		403,000		476,944
Genscript Biotech Corp. (a)(b)		68,000		126,181
GF Securities Co. Ltd., Class A		12,900		23,849
GF Securities Co. Ltd., Class H		93,600		97,015
Giant Biogene Holding Co. Ltd. (b)(c)		35,000		190,531
GigaDevice Semiconductor, Inc., Class A		980		9,823
Ginlong Technologies Co. Ltd., Class A		4,800		39,224
GoerTek, Inc., Class A		17,700		38,482
Goldwind Science & Technology Co. Ltd., Class A		64,400		65,920
Gotion High-tech Co. Ltd., Class A (b)		16,100		45,032
Great Wall Motor Co. Ltd., Class A		13,605		42,798
Great Wall Motor Co. Ltd., Class H		156,000		173,787
Gree Electric Appliances, Inc. of Zhuhai, Class A		9,100		49,139
Guangdong Haid Group Co. Ltd., Class A		10,700		63,447
Guangdong Investment Ltd.		164,000		70,256
Guangzhou Automobile Group Co. Ltd., Class A		19,900		24,435
Guangzhou Automobile Group Co. Ltd., Class H		176,400		72,404
Guangzhou Shiyuan Electronic Technology Co. Ltd., Class A		5,700		26,795
Guangzhou Tinci Materials Technology Co. Ltd., Class A		7,200		21,595
Guosen Securities Co. Ltd., Class A		25,900		29,566
Guotai Junan Securities Co. Ltd., Class A		55,544		109,056

Security	Shares		Value
China (continued)
H World Group Ltd., ADR (a)		17,158	$	664,015
Haidilao International Holding Ltd. (c)		162,000		366,582
Haier Smart Home Co. Ltd., Class A		41,800		144,588
Haier Smart Home Co. Ltd., Class H		151,400		471,126
Haitian International Holdings Ltd.		51,000		148,410
Haitong Securities Co. Ltd., Class A		45,000		53,758
Haitong Securities Co. Ltd., Class H		173,200		82,843
Hangzhou First Applied Material Co. Ltd., Class A		21,756		84,554
Hangzhou Silan Microelectronics Co. Ltd., Class A		15,700		42,383
Hansoh Pharmaceutical Group Co. Ltd. (c)		142,000		281,260
Henan Shuanghui Investment & Development Co. Ltd., Class A		14,800		52,552
Hengan International Group Co. Ltd.		39,000		122,941
Hengli Petrochemical Co. Ltd., Class A (b)		26,600		50,206
Hithink RoyalFlush Information Network Co. Ltd., Class A		4,600		85,486
Hoshine Silicon Industry Co. Ltd., Class A		3,800		25,932
Hua Hong Semiconductor Ltd. (b)(c)		32,000		62,452
Huadian Power International Corp. Ltd., Class A		158,200		147,694
Huadong Medicine Co. Ltd., Class A		2,500		10,581
Huaibei Mining Holdings Co. Ltd., Class A		1,400		3,160
Hualan Biological Engineering, Inc., Class A		10,800		29,472
Huaneng Power International, Inc., Class A (b)		97,400		122,717
Huaneng Power International, Inc., Class H (a)(b)		438,000		258,366
Huatai Securities Co. Ltd., Class A		31,600		60,202
Huatai Securities Co. Ltd., Class H (c)		84,000		96,120
Huaxia Bank Co. Ltd., Class A		132,899		118,451
Huayu Automotive Systems Co. Ltd., Class A		8,300		18,821
Huizhou Desay Sv Automotive Co. Ltd., Class A		7,000		121,541
Hunan Valin Steel Co. Ltd., Class A		25,800		18,266
Hundsun Technologies, Inc., Class A		22,200		69,613
Hygeia Healthcare Holdings Co. Ltd. (c)		21,600		88,154
Hygon Information Technology Co. Ltd., Class A		17,520		185,340
Iflytek Co. Ltd., Class A		8,600		58,782
Imeik Technology Development Co. Ltd., Class A		1,400		65,253
Industrial & Commercial Bank of China Ltd., Class A		246,700		178,414
Industrial & Commercial Bank of China Ltd., Class H		4,645,000		2,334,733
Industrial Bank Co. Ltd., Class A		73,700		164,996
Inner Mongolia BaoTou Steel Union Co. Ltd., Class A (b)		191,700		41,989
Inner Mongolia Yili Industrial Group Co. Ltd., Class A		19,400		74,339
Inner Mongolia Yitai Coal Co. Ltd., Class B		115,200		219,866
Innovent Biologics, Inc. (b)(c)		95,500		460,788
iQIYI, Inc., ADR (a)(b)		40,925		173,113
Isoftstone Information Technology Group Co. Ltd., Class A (b)		15,300		98,826
JA Solar Technology Co. Ltd., Class A		18,424		44,091
JD Health International, Inc. (b)(c)		69,600		247,340
JD Logistics, Inc. (b)(c)		116,400		118,900
JD.com, Inc., Class A		160,946		2,207,676
Jiangsu Eastern Shenghong Co. Ltd., Class A		43,500		59,441
Jiangsu Expressway Co. Ltd., Class H		158,000		161,725
Jiangsu Hengli Hydraulic Co. Ltd., Class A		6,600		45,808
Jiangsu Hengrui Pharmaceuticals Co. Ltd., Class A		38,912		247,859
Jiangsu Yanghe Brewery Joint-Stock Co. Ltd., Class A		5,200		70,661
Jiangsu Zhongtian Technology Co. Ltd., Class A		45,000		87,202
Jiangxi Copper Co. Ltd., Class H		68,000		116,142
Jinko Solar Co. Ltd., Class A		92,005		104,594
Kanzhun Ltd., ADR		17,616		308,808
KE Holdings, Inc., ADR		43,487		597,076
Kingboard Holdings Ltd.		36,500		74,521

4

Schedule of Investments (unaudited) (continued) March 31, 2024 Total International ex U.S. Index Master Portfolio (Percentages shown are based on Net Assets)

Security	Shares		Value
China (continued)
Kingdee International Software Group Co. Ltd. (b)		242,000	$	273,863
Kingsoft Corp. Ltd.		94,000		290,115
Kuaishou Technology (b)(c)		165,800		1,043,644
Kunlun Energy Co. Ltd.		268,000		223,885
Kunlun Tech Co. Ltd., Class A (b)		21,600		120,892
Kweichow Moutai Co. Ltd., Class A		5,416		1,270,537
Lenovo Group Ltd.		570,000		660,402
Lens Technology Co. Ltd., Class A		12,300		22,955
Li Auto, Inc., Class A (b)		88,746		1,347,565
Li Ning Co. Ltd.		183,500		489,525
Lingyi iTech Guangdong Co., Class A		7,000		5,255
Longfor Group Holdings Ltd. (c)		91,500		129,784
LONGi Green Energy Technology Co. Ltd., Class A		27,216		73,551
Luxshare Precision Industry Co. Ltd., Class A		53,629		219,787
Luzhou Laojiao Co. Ltd., Class A		4,900		125,014
Mango Excellent Media Co. Ltd., Class A		11,800		39,784
Maxscend Microelectronics Co. Ltd., Class A		3,744		51,833
Meituan, Class B (b)(c)		372,530		4,598,545
Metallurgical Corp. of China Ltd., Class A		138,300		65,347
Midea Group Co. Ltd., Class A		24,300		216,196
MINISO Group Holding Ltd.		34,528		178,319
Montage Technology Co. Ltd., Class A		11,000		70,369
Muyuan Foods Co. Ltd., Class A		19,046		110,328
NARI Technology Co. Ltd., Class A		26,265		87,255
NAURA Technology Group Co. Ltd., Class A		4,500		190,046
NetEase, Inc.		135,325		2,804,154
New China Life Insurance Co. Ltd., Class A		7,700		32,027
New China Life Insurance Co. Ltd., Class H		66,500		117,932
New Hope Liuhe Co. Ltd., Class A (b)		12,700		16,394
New Oriental Education & Technology Group, Inc. (b)		103,920		908,246
Ninestar Corp., Class A		18,700		59,126
Ningbo Tuopu Group Co. Ltd., Class A		1,300		11,461
Ningxia Baofeng Energy Group Co. Ltd., Class A		70,800		152,877
NIO, Inc., ADR (a)(b)		91,734		412,803
Nongfu Spring Co. Ltd., Class H (c)		138,000		745,867
Orient Securities Co. Ltd./China, Class A		34,368		39,032
PDD Holdings, Inc., ADR (a)(b)		42,206		4,906,447
People’s Insurance Co. Group of China Ltd., Class A		152,700		107,791
People’s Insurance Co. Group of China Ltd., Class H		496,000		158,567
PetroChina Co. Ltd., Class H		1,462,000		1,253,843
PICC Property & Casualty Co. Ltd., Class H		520,298		686,660
Ping An Bank Co. Ltd., Class A		69,600		100,606
Ping An Insurance Group Co. of China Ltd., Class A		52,800		296,247
Ping An Insurance Group Co. of China Ltd., Class H		459,500		1,950,890
Poly Developments & Holdings Group Co. Ltd., Class A		43,000		55,412
Pop Mart International Group Ltd. (c)		41,400		152,421
Postal Savings Bank of China Co. Ltd., Class A		132,700		87,044
Postal Savings Bank of China Co. Ltd., Class H (c)		471,000		246,545
Power Construction Corp. of China Ltd., Class A		63,300		43,072
Prosus NV		101,932		3,190,509
Qifu Technology, Inc., ADR		15,516		285,960
Qinghai Salt Lake Industry Co. Ltd., Class A (b)		33,700		73,804
Rongsheng Petrochemical Co. Ltd., Class A		35,850		53,587
SAIC Motor Corp. Ltd., Class A		30,300		62,409
Sanan Optoelectronics Co. Ltd., Class A		74,900		125,479
Sangfor Technologies, Inc., Class A (b)		3,500		30,409
Sany Heavy Equipment International Holdings Co. Ltd.		56,000		36,036
Sany Heavy Industry Co. Ltd., Class A		32,700		65,117
SDIC Power Holdings Co. Ltd., Class A		97,527		199,827

Security	Shares		Value
China (continued)
Seazen Holdings Co. Ltd., Class A (b)		17,500	$	23,658
Seres Group Co. Ltd., Class A (b)		5,600		70,026
SF Holding Co. Ltd., Class A		15,900		79,636
SG Micro Corp., Class A		4,875		43,221
Shaanxi Coal Industry Co. Ltd., Class A		35,600		122,564
Shandong Gold Mining Co. Ltd., Class A		29,204		105,365
Shandong Gold Mining Co. Ltd., Class H (c)		74,750		152,141
Shandong Himile Mechanical Science & Technology Co. Ltd., Class A		3,000		14,585
Shandong Hualu Hengsheng Chemical Co. Ltd., Class A		8,600		29,971
Shandong Weigao Group Medical Polymer Co. Ltd., Class H		150,400		93,773
Shanghai Baosight Software Co. Ltd., Class A		26,746		141,789
Shanghai Baosight Software Co. Ltd., Class B		74,568		151,326
Shanghai Fosun Pharmaceutical Group Co. Ltd., Class A		10,562		33,654
Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H		18,000		29,462
Shanghai International Airport Co. Ltd., Class A (b)		11,200		55,015
Shanghai M&G Stationery, Inc., Class A		3,500		17,069
Shanghai Pharmaceuticals Holding Co. Ltd., Class H		62,000		89,587
Shanghai Pudong Development Bank Co. Ltd., Class A		94,987		93,849
Shanghai Putailai New Energy Technology Co. Ltd., Class A		13,630		35,822
Shanghai United Imaging Healthcare Co. Ltd., Class A		9,142		165,070
Shanxi Coal International Energy Group Co. Ltd., Class A		1,000		2,310
Shanxi Coking Coal Energy Group Co. Ltd., Class A		69,500		97,733
Shanxi Lu’an Environmental Energy Development Co. Ltd., Class A		54,400		150,266
Shanxi Xinghuacun Fen Wine Factory Co. Ltd., Class A		5,600		189,320
Shengyi Technology Co. Ltd., Class A		17,700		42,791
Shenwan Hongyuan Group Co. Ltd., Class A		127,900		77,868
Shenzhen Inovance Technology Co. Ltd., Class A		9,750		80,894
Shenzhen Kangtai Biological Products Co. Ltd., Class A		7,520		22,615
Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Class A		4,300		165,831
Shenzhen New Industries Biomedical Engineering Co. Ltd., Class A		9,670		89,599
Shenzhen Transsion Holdings Co. Ltd., Class A		6,290		141,527
Shenzhou International Group Holdings Ltd.		65,400		620,869
Shijiazhuang Yiling Pharmaceutical Co. Ltd., Class A		27,500		76,481
Sichuan Chuantou Energy Co. Ltd., Class A		16,700		38,172
Silergy Corp.		25,000		255,743
Sinopharm Group Co. Ltd., Class H		79,600		204,118
Sinotruk Hong Kong Ltd.		34,500		84,719
SITC International Holdings Co. Ltd.		78,000		142,604
Smoore International Holdings Ltd. (a)(c)		96,000		81,813
Sungrow Power Supply Co. Ltd., Class A		11,500		163,542
Sunny Optical Technology Group Co. Ltd.		47,800		244,798
Sunwoda Electronic Co. Ltd., Class A		15,800		29,774
Suzhou Maxwell Technologies Co. Ltd., Class A		3,040		44,611
Suzhou TFC Optical Communication Co. Ltd., Class A		8,900		186,056
TAL Education Group, ADR (b)		36,855		418,304
TBEA Co. Ltd., Class A		47,450		98,895

MASTER PORTFOLIO SCHEDULE OF INVESTMENTS 5

Schedule of Investments (unaudited) (continued) March 31, 2024 Total International ex U.S. Index Master Portfolio (Percentages shown are based on Net Assets)

Security	Shares		Value
China (continued)
TCL Technology Group Corp., Class A (b)		86,020	$	55,223
TCL Zhonghuan Renewable Energy Technology Co. Ltd., Class A		22,625		36,784
Tencent Holdings Ltd.		479,400		18,672,597
Tencent Music Entertainment Group, ADR (b)		55,715		623,451
Thunder Software Technology Co. Ltd., Class A		6,000		42,746
Tianqi Lithium Corp., Class A		5,600		36,778
Tingyi Cayman Islands Holding Corp.		118,000		129,494
Tongcheng Travel Holdings Ltd. (b)		66,400		175,543
Tongwei Co. Ltd., Class A		28,200		95,981
Topchoice Medical Corp., Class A (b)		900		7,516
Topsports International Holdings Ltd. (c)		81,000		54,326
TravelSky Technology Ltd., Class H		59,000		71,566
Trina Solar Co. Ltd., Class A		13,277		43,371
Trip.com Group Ltd. (b)		37,672		1,670,428
Tsingtao Brewery Co. Ltd., Class H		42,000		289,052
Unigroup Guoxin Microelectronics Co. Ltd., Class A (b)		6,859		61,948
Unisplendour Corp. Ltd., Class A (b)		20,160		60,976
Vipshop Holdings Ltd., ADR		23,920		395,876
Walvax Biotechnology Co. Ltd., Class A		8,600		18,388
Wanhua Chemical Group Co. Ltd., Class A		14,700		163,034
Want Want China Holdings Ltd.		320,000		188,887
Weichai Power Co. Ltd., Class A		33,300		74,795
Weichai Power Co. Ltd., Class H		115,800		220,959
Wens Foodstuffs Group Co. Ltd., Class A		20,160		51,467
Wharf Holdings Ltd.		73,000		239,980
Will Semiconductor Co. Ltd. Shanghai, Class A		5,535		75,153
Wilmar International Ltd.		143,800		365,270
Wingtech Technology Co. Ltd., Class A (b)		4,238		21,370
Wuchan Zhongda Group Co. Ltd., Class A		25,699		15,513
Wuliangye Yibin Co. Ltd., Class A		14,500		306,012
WuXi AppTec Co. Ltd., Class A		22,936		148,786
WuXi AppTec Co. Ltd., Class H (c)		17,841		84,765
Wuxi Biologics Cayman, Inc. (b)(c)		262,000		479,292
Xiaomi Corp., Class B (b)(c)		1,148,000		2,253,842
Xinyi Solar Holdings Ltd.		292,000		226,736
XPeng, Inc., Class A (b)		110,634		438,297
Yadea Group Holdings Ltd. (c)		68,000		110,335
Yankuang Energy Group Co. Ltd., Class A		43,350		137,851
Yankuang Energy Group Co. Ltd., Class H		153,000		321,734
Yealink Network Technology Corp. Ltd., Class A		4,700		16,257
Yihai Kerry Arawana Holdings Co. Ltd., Class A		12,100		50,314
Yonyou Network Technology Co. Ltd., Class A		7,800		12,960
Yuexiu Property Co. Ltd.		135,000		74,491
Yum China Holdings, Inc. (a)		29,526		1,174,840
Yunnan Baiyao Group Co. Ltd., Class A		12,460		86,678
Yunnan Energy New Material Co. Ltd., Class A		2,300		12,912
Zai Lab Ltd. (b)		73,650		119,549
Zhangzhou Pientzehuang Pharmaceutical Co. Ltd., Class A		1,599		50,801
Zhaojin Mining Industry Co. Ltd., Class H		62,000		84,480
Zhejiang Chint Electrics Co. Ltd., Class A		8,900		24,717
Zhejiang Dahua Technology Co. Ltd., Class A		53,300		136,708
Zhejiang Expressway Co. Ltd., Class H		74,520		47,820
Zhejiang Huayou Cobalt Co. Ltd., Class A		3,770		13,819
Zhejiang Jingsheng Mechanical & Electrical Co. Ltd., Class A		14,200		67,524
Zhejiang Leapmotor Technology Co. Ltd., Class H (b)(c)		35,000		117,654
Zhejiang NHU Co. Ltd., Class A		11,060		25,501

Security	Shares		Value
China (continued)
Zheshang Securities Co. Ltd., Class A		44,700	$	69,597
ZhongAn Online P&C Insurance Co. Ltd., Class H (b)(c)		42,400		67,849
Zhongji Innolight Co. Ltd., Class A		2,800		59,696
Zhongsheng Group Holdings Ltd		101,500		176,302
Zhongtai Securities Co. Ltd., Class A		42,200		38,731
Zhuzhou CRRC Times Electric Co. Ltd., Class A		1,831		11,277
Zhuzhou CRRC Times Electric Co. Ltd., Class H		28,400		90,096
Zijin Mining Group Co. Ltd., Class A		166,700		370,272
Zijin Mining Group Co. Ltd., Class H		318,000		637,081
ZTE Corp., Class H		14,400		28,745
ZTO Express Cayman, Inc., ADR (a)		33,432		700,066
				134,806,043
Colombia — 0.0%
Bancolombia SA		18,186		161,288
Interconexion Electrica SA ESP		24,518		125,468
				286,756
Czech Republic — 0.0%
CEZ A/S		10,279		366,824
Komercni Banka A/S		3,800		136,101
Moneta Money Bank A/S (c)		25,594		111,238
				614,163
Denmark — 2.3%
AP Moller - Maersk A/S, Class A		185		237,043
AP Moller - Maersk A/S, Class B		375		488,941
Carlsberg A/S, Class B		7,148		978,883
Coloplast A/S, Class B		9,867		1,332,213
Danske Bank A/S		49,532		1,486,772
Demant A/S (b)		6,675		331,770
DSV A/S		12,765		2,075,010
Genmab A/S (b)		4,528		1,357,624
Novo Nordisk A/S, Class B		233,592		29,963,631
Novozymes, B Shares		26,942		1,584,769
Orsted A/S (b)(c)		13,110		732,571
Pandora A/S		6,154		993,292
ROCKWOOL A/S, B Shares		769		253,020
Tryg A/S		27,548		567,884
Vestas Wind Systems A/S (b)		69,695		1,944,044
				44,327,467
Egypt — 0.0%
Commercial International Bank - Egypt		101,009		170,437
Finland — 0.6%
Elisa OYJ		12,481		556,445
Fortum OYJ		27,525		339,828
Kesko OYJ, Class B		19,320		361,168
Kone OYJ, Class B		23,937		1,115,155
Metso OYJ		40,770		484,302
Neste OYJ		29,728		806,081
Nokia OYJ		375,535		1,332,434
Nordea Bank Abp		220,902		2,497,227
Orion OYJ, Class B		8,311		309,808
Sampo OYJ, A Shares		36,713		1,566,037
Stora Enso OYJ, Class R		45,310		630,083
UPM-Kymmene OYJ		37,730		1,257,037
Wartsila OYJ Abp		30,149		458,190
				11,713,795
France — 6.6%
Accor SA		12,383		578,118
Adevinta ASA, Class B (b)		23,147		242,631

6

Schedule of Investments (unaudited) (continued) March 31, 2024 Total International ex U.S. Index Master Portfolio (Percentages shown are based on Net Assets)

Security	Shares		Value
France (continued)
Aeroports de Paris		1,891	$	259,283
Air Liquide SA		36,876		7,671,998
Airbus SE		41,784		7,697,815
Alstom SA		19,985		304,339
Amundi SA (c)		4,353		298,994
Arkema SA		4,993		525,661
AXA SA		125,845		4,726,205
BioMerieux		3,810		420,219
BNP Paribas SA		75,084		5,345,596
Bollore SE		66,021		441,098
Bouygues SA		12,410		506,636
Bureau Veritas SA		17,584		536,900
Capgemini SE		11,308		2,602,091
Carrefour SA		37,606		645,105
Cie de Saint-Gobain SA		31,719		2,461,829
Cie Generale des Etablissements Michelin SCA		47,437		1,817,945
Covivio SA/France		5,788		298,337
Credit Agricole SA		75,961		1,133,181
Danone SA		45,655		2,951,359
Dassault Aviation SA		1,421		312,861
Dassault Systemes SE		45,942		2,033,721
Edenred SE		17,755		948,023
Eiffage SA		4,993		566,666
Engie SA		125,245		2,098,773
EssilorLuxottica SA		21,138		4,781,659
Eurazeo SE		3,446		301,955
Gecina SA		2,570		262,510
Getlink SE		26,306		447,896
Hermes International SCA		2,359		6,029,085
Ipsen SA		2,349		279,522
Kering SA		5,105		2,022,005
Klepierre SA		18,303		473,783
La Francaise des Jeux SAEM, Class A (c)		6,066		247,236
Legrand SA		19,967		2,114,440
L’Oreal SA		17,818		8,438,099
LVMH Moet Hennessy Louis Vuitton SE		19,572		17,610,808
Orange SA		129,380		1,521,511
Pernod Ricard SA		14,555		2,356,222
Publicis Groupe SA		16,154		1,761,117
Remy Cointreau SA		1,537		155,198
Renault SA		15,261		770,072
Rexel SA		18,153		490,364
Safran SA		24,428		5,532,251
Sartorius Stedim Biotech		2,055		586,140
SEB SA		2,025		259,084
Societe Generale SA		52,171		1,397,818
Sodexo SA		5,562		476,793
Teleperformance SE		4,270		414,765
Thales SA		7,367		1,255,929
TotalEnergies SE		154,730		10,643,781
Unibail-Rodamco-Westfield (b)		8,442		679,127
Veolia Environnement SA		46,788		1,522,099
Vinci SA		35,066		4,499,970
Vivendi SE		40,874		445,438
Worldline SA/France (b)(c)		14,084		174,241
				125,376,302
Germany — 5.2%
Adidas AG, Class N		11,683		2,610,317
Allianz SE, Registered Shares		28,057		8,409,162
BASF SE		65,622		3,749,897
Bayer AG, Class N, Registered Shares		70,135		2,147,854

Security	Shares		Value
Germany (continued)
Bayerische Motoren Werke AG		22,278	$	2,570,409
Bechtle AG		4,686		247,675
Beiersdorf AG		7,169		1,043,785
Brenntag SE, Class N		10,268		865,397
Carl Zeiss Meditec AG		2,299		286,974
Commerzbank AG		80,487		1,106,228
Continental AG, Class A		8,828		637,248
Covestro AG (b)(c)		14,481		792,110
Daimler Truck Holding AG		37,250		1,887,634
Deutsche Bank AG, Class N, Registered Shares		132,909		2,093,349
Deutsche Boerse AG, Class N		14,296		2,927,676
Deutsche Lufthansa AG, Registered Shares (b)		50,408		396,172
Deutsche Post AG, Class N, Registered Shares		73,436		3,164,900
Deutsche Telekom AG, Class N, Registered Shares		236,713		5,746,086
E.ON SE, Class N		153,954		2,143,334
Evonik Industries AG		19,556		386,821
Fresenius Medical Care AG		13,963		536,523
Fresenius SE & Co. KGaA		28,988		781,714
GEA Group AG		13,455		568,879
Hannover Rueck SE, Class N		4,462		1,221,813
Heidelberg Materials AG		9,223		1,015,280
Henkel AG & Co. KGaA		6,859		494,214
Infineon Technologies AG, Class N		91,958		3,127,081
Knorr-Bremse AG		4,878		368,946
LEG Immobilien SE (b)		4,537		389,687
Mercedes-Benz Group AG, Class N		56,299		4,483,479
Merck KGaA		9,046		1,595,130
MTU Aero Engines AG, Class N		3,908		991,170
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen, Class N, Registered Shares		9,629		4,700,304
Nemetschek SE		4,384		433,941
Puma SE		6,996		316,613
Rational AG		429		369,625
Rheinmetall AG		3,319		1,866,675
RWE AG		43,356		1,473,548
SAP SE		74,236		14,455,148
Scout24 SE (c)		4,929		371,342
Siemens AG, Class N, Registered Shares		55,105		10,521,686
Siemens Energy AG (b)		35,299		647,869
Siemens Healthineers AG (c)		20,672		1,264,249
Symrise AG, Class A		9,294		1,112,593
Talanx AG (b)		5,910		468,173
Volkswagen AG		1,951		298,031
Vonovia SE		52,449		1,549,961
Zalando SE (b)(c)		19,535		558,608
				99,195,310
Greece — 0.1%
Alpha Services & Holdings SA, Class R (b)		210,261		369,255
Eurobank Ergasias Services & Holdings SA, Class R (b)		193,068		371,175
FF Group, Class R (b)(d)		205		—
Hellenic Telecommunications Organization SA, Class R		12,770		188,330
JUMBO SA, Class R		6,337		182,539
Motor Oil Hellas Corinth Refineries SA, Class R		6,293		187,518
Mytilineos SA, Class R		6,370		245,753
National Bank of Greece SA (b)		57,398		449,319
OPAP SA, Class R		11,603		208,799

MASTER PORTFOLIO SCHEDULE OF INVESTMENTS 7

Schedule of Investments (unaudited) (continued) March 31, 2024 Total International ex U.S. Index Master Portfolio (Percentages shown are based on Net Assets)

Security	Shares		Value
Greece (continued)
Piraeus Financial Holdings SA (b)		123,628	$	516,533
Public Power Corp. SA, Class R (b)		12,105		151,833
				2,871,054
Hong Kong — 1.1%
AIA Group Ltd.		806,200		5,422,963
China Common Rich Renewable Energy Investments Ltd. (d)		11,997		—
CK Asset Holdings Ltd.		154,508		636,677
CK Infrastructure Holdings Ltd.		41,500		243,060
CLP Holdings Ltd.		114,500		913,280
Futu Holdings Ltd., ADR (a)(b)		4,810		260,462
Hang Lung Properties Ltd.		96,000		98,721
Hang Seng Bank Ltd.		58,800		644,548
Henderson Land Development Co. Ltd.		97,800		279,283
HKT Trust & HKT Ltd., Class SS		222,900		260,077
Hong Kong & China Gas Co. Ltd.		693,176		525,404
Hong Kong Exchanges & Clearing Ltd.		73,294		2,135,659
Hongkong Land Holdings Ltd.		77,800		238,884
Jardine Matheson Holdings Ltd.		12,800		477,460
Link REIT		221,940		955,765
MTR Corp. Ltd.		92,500		305,615
Orient Overseas International Ltd.		10,000		119,704
Power Assets Holdings Ltd.		106,500		623,941
Prudential PLC		210,921		1,978,137
Sino Biopharmaceutical Ltd.		643,750		248,922
Sino Land Co. Ltd.		240,800		250,341
Sun Hung Kai Properties Ltd.		108,500		1,048,075
Swire Pacific Ltd., Class A		45,000		370,457
Swire Properties Ltd.		79,200		166,591
Techtronic Industries Co., Ltd.		96,000		1,304,435
Vinda International Holdings Ltd. (a)		31,000		92,963
WH Group Ltd. (c)		531,000		350,503
Wharf Real Estate Investment Co. Ltd.		142,000		462,338
				20,414,265
Hungary — 0.1%
MOL Hungarian Oil & Gas PLC		31,394		254,580
OTP Bank Nyrt		16,006		736,677
Richter Gedeon Nyrt		11,885		301,506
				1,292,763
India — 4.8%
ABB India Ltd.		3,740		285,764
Adani Enterprises Ltd.		11,316		435,224
Adani Green Energy Ltd. (b)		21,519		474,946
Adani Ports & Special Economic Zone Ltd.		36,650		591,775
Adani Power Ltd. (b)		53,423		343,229
Ambuja Cements Ltd.		50,659		372,902
APL Apollo Tubes Ltd.		11,490		206,752
Apollo Hospitals Enterprise Ltd.		6,490		495,431
Ashok Leyland Ltd.		97,951		201,596
Asian Paints Ltd.		27,524		939,321
Astral Ltd.		8,065		192,890
AU Small Finance Bank Ltd. (c)		16,688		113,535
Aurobindo Pharma Ltd.		26,805		351,238
Avenue Supermarts Ltd., Series M (b)(c)		10,792		586,553
Axis Bank Ltd.		156,279		1,969,645
Bajaj Auto Ltd.		5,942		653,731
Bajaj Finance Ltd.		21,551		1,881,808
Bajaj Finserv Ltd.		22,763		450,322
Bajaj Holdings & Investment Ltd.		2,040		202,774
Balkrishna Industries Ltd.		5,542		154,316

Security	Shares		Value
India (continued)
Bandhan Bank Ltd. (c)		45,342	$	98,254
Bank of Baroda		88,968		282,638
Berger Paints India Ltd.		12,990		89,482
Bharat Electronics Ltd.		265,878		643,949
Bharat Forge Ltd.		14,973		203,266
Bharat Heavy Electricals Ltd.		31,840		94,710
Bharat Petroleum Corp. Ltd.		53,327		386,318
Bharti Airtel Ltd.		166,735		2,460,131
Britannia Industries Ltd.		7,972		469,508
CG Power & Industrial Solutions Ltd.		37,552		243,985
Cholamandalam Investment and Finance Co. Ltd.		24,840		345,902
Cipla Ltd.		34,393		618,273
Coal India Ltd.		123,634		646,462
Colgate-Palmolive India Ltd.		10,402		338,920
Container Corp. Of India Ltd.		13,131		139,357
Cummins India Ltd.		9,248		333,858
Dabur India Ltd.		37,975		238,499
Divi’s Laboratories Ltd.		10,308		426,644
DLF Ltd.		56,980		614,784
Dr Reddy’s Laboratories Ltd.		3,124		230,876
Dr Reddy’s Laboratories Ltd., ADR (a)		4,517		331,322
Eicher Motors Ltd.		9,970		481,564
GAIL India Ltd.		229,786		500,165
GMR Airports Infrastructure Ltd. (b)		180,419		177,031
Godrej Consumer Products Ltd.		26,503		399,044
Godrej Properties Ltd., Class A (b)		7,174		198,345
Grasim Industries Ltd.		15,713		432,201
Havells India Ltd.		16,163		294,218
HCL Technologies Ltd.		74,053		1,376,833
HDFC Asset Management Co. Ltd. (c)		5,697		256,913
HDFC Bank Ltd.		200,200		3,491,010
HDFC Life Insurance Co. Ltd. (c)		77,857		591,914
Hero MotoCorp Ltd.		7,430		421,853
Hindalco Industries Ltd.		85,181		575,109
Hindustan Aeronautics Ltd.		16,859		674,642
Hindustan Petroleum Corp. Ltd.		48,332		275,921
Hindustan Unilever Ltd.		63,346		1,723,536
ICICI Bank Ltd.		342,295		4,512,702
ICICI Bank Ltd., ADR (a)		22,806		602,306
ICICI Lombard General Insurance Co. Ltd. (c)		21,715		439,225
ICICI Prudential Life Insurance Co. Ltd. (c)		21,486		157,095
IDFC First Bank Ltd. (b)		216,699		196,597
Indian Hotels Co. Ltd.		78,361		556,214
Indian Oil Corp. Ltd.		207,277		418,263
Indian Railway Catering & Tourism Corp. Ltd.		14,747		164,671
Indraprastha Gas Ltd.		14,609		75,665
IndusInd Bank Ltd.		19,854		371,181
Info Edge India Ltd.		4,063		273,039
Infosys Ltd.		145,977		2,628,774
Infosys Ltd., ADR (a)		97,713		1,751,994
InterGlobe Aviation Ltd. (b)(c)		11,623		495,289
ITC Ltd.		214,969		1,106,996
Jindal Steel & Power Ltd.		22,828		233,797
Jio Financial Services Ltd. (b)		204,674		870,149
JSW Steel Ltd.		51,484		514,190
Jubilant Foodworks Ltd.		20,145		108,688
Kotak Mahindra Bank Ltd.		88,666		1,904,902
Larsen & Toubro Ltd.		29,141		1,318,026
Larsen & Toubro Ltd., GDR, Registered Shares (e)		18,237		826,136
LTIMindtree Ltd. (c)		5,587		332,012
Lupin Ltd.		11,830		229,636
Macrotech Developers Ltd.		16,648		227,503

8

Schedule of Investments (unaudited) (continued) March 31, 2024 Total International ex U.S. Index Master Portfolio (Percentages shown are based on Net Assets)

Security	Shares		Value
India (continued)
Mahindra & Mahindra Ltd.		37,695	$	870,806
Mahindra & Mahindra Ltd., GDR		27,036		628,417
Marico Ltd.		30,883		184,480
Maruti Suzuki India Ltd.		9,745		1,475,212
Max Healthcare Institute Ltd.		56,163		553,900
Mphasis Ltd., Series R186		4,649		133,714
MRF Ltd.		336		537,782
Muthoot Finance Ltd.		8,240		146,813
Nestle India Ltd.		26,000		818,436
NMDC Ltd.		73,226		177,727
NTPC Ltd.		325,848		1,316,842
Oil & Natural Gas Corp. Ltd.		214,153		691,292
One 97 Communications Ltd.		15,317		74,223
Page Industries Ltd.		367		151,817
Persistent Systems Ltd.		6,906		331,279
Petronet LNG Ltd.		71,896		227,647
PI Industries Ltd.		5,213		242,197
Pidilite Industries Ltd.		9,792		354,192
Polycab India Ltd.		3,105		189,087
Power Finance Corp. Ltd.		104,437		490,002
Power Grid Corp. of India Ltd.		316,831		1,051,693
Punjab National Bank		158,066		236,929
REC Ltd.		98,207		533,061
Reliance Industries Ltd.		218,302		7,806,080
Samvardhana Motherson International Ltd.		243,605		343,558
SBI Cards & Payment Services Ltd.		14,099		115,616
SBI Life Insurance Co. Ltd. (c)		34,920		630,542
Shree Cement Ltd.		685		211,438
Shriram Finance Ltd.		20,162		571,866
Siemens Ltd.		4,979		321,668
Sona Blw Precision Forgings Ltd. (c)		24,858		210,887
SRF Ltd.		13,002		399,767
State Bank of India		71,667		649,054
State Bank of India, GDR, Registered Shares (e)		5,712		518,078
Sun Pharmaceutical Industries Ltd.		70,980		1,381,822
Supreme Industries Ltd.		4,238		215,476
Suzlon Energy Ltd. (b)		569,196		276,904
Tata Communications Ltd.		7,962		192,411
Tata Consultancy Services Ltd.		62,728		2,927,638
Tata Consumer Products Ltd.		37,487		493,626
Tata Elxsi Ltd.		2,653		248,222
Tata Motors Ltd.		123,790		1,477,855
Tata Motors Ltd., Class A		19,095		151,050
Tata Power Co. Ltd.		100,161		474,064
Tata Steel Ltd.		518,706		972,652
Tech Mahindra Ltd.		35,194		528,180
Titan Co. Ltd.		26,130		1,194,457
Torrent Pharmaceuticals Ltd.		5,320		166,047
Trent Ltd.		10,835		514,291
Tube Investments of India Ltd.		9,506		426,912
TVS Motor Co. Ltd.		13,796		357,072
UltraTech Cement Ltd.		7,918		927,221
Union Bank of India Ltd.		102,556		189,534
United Spirits Ltd.		18,510		252,048
UPL Ltd.		25,764		141,148
Varun Beverages Ltd.		28,958		486,683
Vedanta Ltd.		115,481		378,028
Wipro Ltd.		93,753		543,392
Wipro Ltd., ADR (a)		13,184		75,808

Security	Shares		Value
India (continued)
Yes Bank Ltd. (b)		1,388,775	$	387,899
Zomato Ltd. (b)		440,342		965,196
				91,867,977
Indonesia — 0.5%
Adaro Energy Indonesia Tbk PT		1,157,300		197,186
Amman Mineral Internasional PT (b)		454,300		250,838
Aneka Tambang Tbk		614,000		62,026
Astra International Tbk PT		1,374,600		446,594
Bank Central Asia Tbk PT		3,804,000		2,419,106
Bank Mandiri Persero Tbk PT		2,777,300		1,263,651
Bank Negara Indonesia Persero Tbk PT		1,309,600		487,521
Bank Rakyat Indonesia Persero Tbk PT		4,717,128		1,803,711
Barito Pacific Tbk PT		2,858,823		170,421
Charoen Pokphand Indonesia Tbk PT		775,200		256,734
GoTo Gojek Tokopedia Tbk PT (b)		62,688,200		272,942
Indah Kiat Pulp & Paper Tbk PT		126,800		76,567
Indofood CBP Sukses Makmur Tbk PT		165,500		121,050
Indofood Sukses Makmur Tbk PT		261,000		104,943
Kalbe Farma Tbk PT		972,700		90,491
Merdeka Copper Gold Tbk. PT (b)		1,022,478		147,222
Sarana Menara Nusantara Tbk PT		1,534,700		83,245
Semen Indonesia Persero Tbk PT		121,122		45,072
Sumber Alfaria Trijaya Tbk PT		1,732,600		318,127
Telkom Indonesia Persero Tbk PT		3,529,600		776,320
Unilever Indonesia Tbk PT		379,100		64,558
United Tractors Tbk PT		196,000		298,904
				9,757,229
Ireland — 0.3%
AerCap Holdings NV (b)		14,260		1,239,336
AIB Group PLC		124,356		631,285
Bank of Ireland Group PLC		65,800		671,494
Kerry Group PLC, Class A		11,253		964,225
Kingspan Group PLC		9,649		878,796
Smurfit Kappa Group PLC		18,588		847,535
				5,232,671
Israel — 0.4%
Azrieli Group Ltd.		4,108		296,417
Bank Hapoalim BM		81,986		768,327
Bank Leumi Le-Israel BM		106,802		887,790
Check Point Software Technologies Ltd. (b)		7,341		1,203,997
Elbit Systems Ltd.		2,246		469,081
Global-e Online Ltd. (b)		6,028		219,118
ICL Group Ltd.		53,347		282,729
Isracard Ltd.		12
Israel Discount Bank Ltd., Class A		75,679		391,382
Mizrahi Tefahot Bank Ltd.		11,322		424,458
Nice Ltd. (b)		4,590		1,194,506
Teva Pharmaceutical Industries Ltd., ADR (b)		82,999		1,171,116
Wix.com Ltd. (b)		3,589		493,416
				7,802,339
Italy — 1.5%
Amplifon SpA		6,732		245,399
Assicurazioni Generali SpA		69,501		1,759,308
Banco BPM SpA		83,703		556,899
Coca-Cola HBC AG, Class DI		15,096		477,038
Davide Campari-Milano NV		43,169		433,847
DiaSorin SpA		2,093		201,984

MASTER PORTFOLIO SCHEDULE OF INVESTMENTS 9

Schedule of Investments (unaudited) (continued) March 31, 2024 Total International ex U.S. Index Master Portfolio (Percentages shown are based on Net Assets)

Security	Shares		Value
Italy (continued)
Enel SpA		557,724	$	3,681,813
Eni SpA		153,460		2,429,890
Ferrari NV		8,913		3,886,383
FinecoBank Banca Fineco SpA		46,692		699,296
Infrastrutture Wireless Italiane SpA (c)		18,163		206,113
Intesa Sanpaolo SpA		1,123,262		4,078,041
Leonardo SpA		14,553		365,624
Mediobanca Banca di Credito Finanziario SpA		36,189		539,269
Moncler SpA		15,836		1,181,694
Nexi SpA (b)(c)		40,392		255,917
Poste Italiane SpA (c)		30,940		387,499
Prysmian SpA		20,381		1,062,949
Recordati Industria Chimica e Farmaceutica SpA		6,659		367,695
Snam SpA		147,765		697,702
Telecom Italia SpA/Milano (b)		791,287		192,163
Terna - Rete Elettrica Nazionale		104,961		867,577
UniCredit SpA		114,050		4,331,537
				28,905,637
Japan — 15.0%
Advantest Corp.		59,200		2,629,833
Aeon Co. Ltd.		47,800		1,133,907
AGC, Inc.		15,800		573,260
Aisin Corp.		8,600		351,420
Ajinomoto Co., Inc.		32,600		1,217,402
ANA Holdings, Inc.		9,300		194,363
Asahi Group Holdings Ltd.		33,000		1,211,755
Asahi Intecc Co. Ltd.		13,000		227,757
Asahi Kasei Corp.		98,300		720,861
Astellas Pharma, Inc.		126,000		1,353,586
Azbil Corp.		6,700		185,361
Bandai Namco Holdings, Inc.		39,900		740,351
Bridgestone Corp.		39,700		1,759,493
Brother Industries Ltd.		16,500		306,013
Canon, Inc.		71,900		2,142,265
Capcom Co. Ltd.		25,200		472,099
Central Japan Railway Co.		60,100		1,492,603
Chiba Bank Ltd.		31,500		262,117
Chubu Electric Power Co., Inc.		39,200		512,585
Chugai Pharmaceutical Co. Ltd.		49,100		1,876,375
Concordia Financial Group Ltd.		83,800		421,196
Dai Nippon Printing Co. Ltd.		12,600		385,883
Daifuku Co. Ltd.		26,300		630,395
Dai-ichi Life Holdings, Inc.		66,000		1,683,299
Daiichi Sankyo Co. Ltd.		136,100		4,330,549
Daikin Industries Ltd.		20,100		2,744,467
Daito Trust Construction Co. Ltd.		5,100		581,822
Daiwa House Industry Co. Ltd.		40,700		1,211,452
Daiwa Securities Group, Inc.		96,500		734,206
Denso Corp.		130,800		2,505,038
Dentsu Group, Inc.		13,400		372,074
Disco Corp.		6,500		2,375,967
East Japan Railway Co.		64,200		1,231,686
Eisai Co. Ltd.		17,800		733,160
ENEOS Holdings, Inc.		184,300		887,930
FANUC Corp. (a)		65,500		1,827,218
Fast Retailing Co. Ltd.		12,600		3,903,808
Fuji Electric Co. Ltd. (a)		9,100		610,651
FUJIFILM Holdings Corp.		76,800		1,724,513
Fujitsu Ltd.		121,000		1,936,484
GLP J-REIT		291		243,857
Hamamatsu Photonics KK		8,600		303,204

Security	Shares		Value
Japan (continued)
Hankyu Hanshin Holdings, Inc.		16,100	$	461,929
Hikari Tsushin, Inc.		1,100		206,878
Hirose Electric Co. Ltd.		3,011		309,410
Hitachi Construction Machinery Co. Ltd.		6,400		193,097
Hitachi Ltd.		66,900		6,113,351
Honda Motor Co. Ltd.		346,600		4,288,720
Hoshizaki Corp.		10,700		390,408
Hoya Corp.		24,300		3,039,222
Hulic Co. Ltd.		24,000		246,488
Ibiden Co. Ltd.		11,100		497,133
Idemitsu Kosan Co. Ltd.		83,745		574,167
Iida Group Holdings Co. Ltd. (a)		17,300		223,889
Inpex Corp.		65,300		992,638
Isuzu Motors Ltd.		35,400		478,518
ITOCHU Corp.		86,900		3,733,189
Japan Airlines Co. Ltd.		8,200		155,699
Japan Exchange Group, Inc.		38,500		1,042,790
Japan Metropolitan Fund Invest		418		260,452
Japan Post Bank Co. Ltd.		107,300		1,152,972
Japan Post Holdings Co. Ltd.		148,900		1,500,186
Japan Post Insurance Co. Ltd.		10,400		198,797
Japan Real Estate Investment Corp.		78		278,058
Japan Tobacco, Inc.		82,300		2,194,275
JFE Holdings, Inc.		41,300		684,490
JSR Corp.		12,300		352,059
Kajima Corp.		34,400		706,049
Kansai Electric Power Co., Inc.		45,300		646,377
Kao Corp.		33,400		1,248,099
Kawasaki Kisen Kaisha Ltd.		32,700		439,720
KDDI Corp.		111,700		3,302,603
KDX Realty Investment Corp.		255		271,038
Keisei Electric Railway Co. Ltd.		12,200		496,114
Keyence Corp.		14,080		6,536,792
Kikkoman Corp.		43,000		551,884
Kintetsu Group Holdings Co. Ltd.		13,500		393,211
Kirin Holdings Co. Ltd.		59,300		824,644
Kobe Bussan Co. Ltd.		9,400		230,331
Koito Manufacturing Co. Ltd.		12,900		173,887
Komatsu Ltd.		64,200		1,899,727
Konami Group Corp.		6,800		463,209
Kubota Corp.		74,500		1,168,885
Kyocera Corp.		90,800		1,217,728
Kyowa Kirin Co. Ltd.		23,600		424,590
Lasertec Corp.		5,400		1,491,082
LY Corp.		189,200		479,236
M3, Inc.		31,500		453,327
Makita Corp.		16,600		471,781
Marubeni Corp.		99,000		1,714,645
MatsukiyoCocokara & Co.		21,000		337,195
Mazda Motor Corp.		40,800		472,855
McDonald’s Holdings Co. Japan Ltd.		5,200		233,829
MEIJI Holdings Co. Ltd.		18,000		392,988
MINEBEA MITSUMI, Inc.		30,500		598,260
MISUMI Group, Inc.		23,000		320,413
Mitsubishi Chemical Group Corp. (a)		104,100		634,414
Mitsubishi Corp.		246,100		5,687,670
Mitsubishi Electric Corp.		133,000		2,226,279
Mitsubishi Estate Co. Ltd.		79,900		1,457,854
Mitsubishi HC Capital, Inc.		67,300		469,393
Mitsubishi Heavy Industries Ltd.		229,000		2,191,217
Mitsubishi UFJ Financial Group, Inc.		793,700		8,075,179
Mitsui & Co. Ltd.		95,500		4,464,773

10

Schedule of Investments (unaudited) (continued) March 31, 2024 Total International ex U.S. Index Master Portfolio (Percentages shown are based on Net Assets)

Security	Shares		Value
Japan (continued)
Mitsui Chemicals, Inc.		11,000	$	322,695
Mitsui Fudosan Co. Ltd.		187,500		2,040,601
Mitsui OSK Lines Ltd.		25,900		790,121
Mizuho Financial Group, Inc.		174,840		3,457,513
MonotaRO Co. Ltd.		18,200		219,072
MS&AD Insurance Group Holdings, Inc.		88,200		1,557,394
Murata Manufacturing Co. Ltd.		128,400		2,401,388
NEC Corp.		18,400		1,343,298
Nexon Co. Ltd.		25,000		415,537
NIDEC, CORP		29,900		1,239,930
Nintendo Co., Ltd.		73,200		3,994,130
Nippon Building Fund, Inc.		152		608,017
Nippon Express Holdings, Inc.		7,000		357,316
Nippon Paint Holdings Co. Ltd.		63,100		454,142
Nippon Sanso Holdings Corp.		15,100		473,773
Nippon Steel Corp. (a)		63,047		1,517,193
Nippon Telegraph & Telephone Corp.		2,049,100		2,440,688
Nippon Yusen KK		36,100		991,092
Nissan Chemical Corp.		10,000		378,761
Nissan Motor Co. Ltd. (a)		166,500		659,753
Nissin Foods Holdings Co. Ltd.		16,200		446,603
Nitori Holdings Co. Ltd.		5,800		879,002
Nitto Denko Corp. (a)		9,800		896,131
Nomura Holdings, Inc.		216,600		1,386,352
Nomura Real Estate Holdings, Inc.		7,100		200,584
Nomura Real Estate Master Fund, Inc.		289		285,773
Nomura Research Institute Ltd.		25,543		721,557
NTT Data Group Corp.		45,700		726,536
Obayashi Corp.		55,300		657,541
Obic Co. Ltd.		5,300		800,570
Odakyu Electric Railway Co. Ltd.		18,100		249,505
Olympus Corp.		86,800		1,249,773
Omron Corp.		11,000		393,877
Ono Pharmaceutical Co. Ltd. (a)		27,900		457,140
Oracle Corp. Japan		2,000		150,402
Oriental Land Co. Ltd./Japan		77,800		2,492,379
ORIX Corp.		82,100		1,795,670
Osaka Gas Co. Ltd.		30,000		674,879
Otsuka Corp.		13,400		284,327
Otsuka Holdings Co. Ltd.		28,100		1,167,225
Pan Pacific International Holdings Corp.		30,800		816,253
Panasonic Holdings Corp.		154,600		1,475,465
Rakuten Group, Inc. (b)		122,200		693,620
Recruit Holdings Co. Ltd.		101,200		4,483,739
Renesas Electronics Corp.		111,500		1,987,003
Resona Holdings, Inc.		151,000		930,833
Ricoh Co. Ltd.		39,800		353,619
Rohm Co. Ltd.		24,500		392,950
SBI Holdings, Inc.		17,450		457,716
SCREEN Holdings Co. Ltd.		6,000		777,929
SCSK Corp.		12,100		224,912
Secom Co. Ltd.		15,400		1,117,316
Seiko Epson Corp.		22,000		384,835
Sekisui Chemical Co. Ltd.		40,800		596,929
Sekisui House Ltd.		43,200		983,995
Seven & i Holdings Co. Ltd.		183,900		2,680,504
SG Holdings Co. Ltd.		18,800		238,082
Sharp Corp./Japan (a)(b)		12,500		69,619
Shimadzu Corp.		15,000		417,812
Shimano, Inc.		6,400		952,087
Shimizu Corp.		31,400		202,772

Security	Shares		Value
Japan (continued)
Shin-Etsu Chemical Co. Ltd.		127,700	$	5,601,166
Shionogi & Co. Ltd.		19,200		981,154
Shiseido Co. Ltd.		27,900		765,588
Shizuoka Financial Group, Inc.		35,100		333,994
SMC Corp.		4,000		2,256,639
SoftBank Corp.		197,000		2,536,363
SoftBank Group Corp.		72,300		4,293,561
Sompo Holdings, Inc.		67,800		1,421,092
Sony Group Corp.		90,300		7,743,290
Square Enix Holdings Co. Ltd.		5,100		196,686
Subaru Corp.		44,400		1,005,564
SUMCO Corp.		22,300		352,580
Sumitomo Corp.		72,500		1,746,376
Sumitomo Electric Industries Ltd.		49,800		771,667
Sumitomo Metal Mining Co. Ltd.		15,500		462,835
Sumitomo Mitsui Financial Group, Inc.		89,300		5,221,613
Sumitomo Mitsui Trust Holdings, Inc.		49,400		1,064,402
Sumitomo Realty & Development Co. Ltd.		23,200		888,429
Suntory Beverage & Food Ltd.		9,900		334,867
Suzuki Motor Corp.		107,600		1,228,497
Sysmex Corp.		38,400		685,244
T&D Holdings, Inc.		34,100		592,801
Taisei Corp.		10,500		382,715
Takeda Pharmaceutical Co. Ltd.		114,076		3,172,896
TDK Corp.		27,700		1,360,291
Terumo Corp.		92,200		1,687,136
TIS, Inc.		14,200		304,673
Tobu Railway Co. Ltd.		12,100		302,559
Toho Co. Ltd.		6,700		222,475
Tokio Marine Holdings, Inc.		131,400		4,118,897
Tokyo Electric Power Co. Holdings, Inc. (b)		118,100		717,827
Tokyo Electron Ltd.		33,400		8,698,998
Tokyo Gas Co. Ltd.		26,300		597,873
Tokyu Corp.		38,700		471,244
TOPPAN, Inc.		19,500		488,806
Toray Industries, Inc.		83,700		401,916
TOTO Ltd.		13,000		364,455
Toyota Industries Corp.		10,100		1,056,774
Toyota Motor Corp. (a)		755,930		19,106,095
Toyota Tsusho Corp.		14,600		1,002,594
Trend Micro, Inc./Japan		10,100		512,946
Unicharm Corp.		28,800		916,884
USS Co. Ltd.		42,000		347,220
West Japan Railway Co.		34,200		712,734
Yakult Honsha Co. Ltd.		15,600		318,840
Yamaha Corp. (a)		13,400		289,236
Yamaha Motor Co. Ltd.		71,400		657,706
Yamato Holdings Co. Ltd.		16,300		234,598
Yaskawa Electric Corp.		19,000		808,919
Yokogawa Electric Corp.		21,400		492,828
Zensho Holdings Co. Ltd.		6,200		257,827
ZOZO, Inc.		11,700		290,392
				286,077,350
Jordan — 0.0%
Hikma Pharmaceuticals PLC		9,731		235,402
Kuwait — 0.2%
Agility Public Warehousing Co. KSC (b)		132,937		287,858
Boubyan Bank KSCP		139,217		280,529
Gulf Bank KSCP		136,421		130,377
Kuwait Finance House KSCP		556,840		1,448,045

MASTER PORTFOLIO SCHEDULE OF INVESTMENTS 11

Schedule of Investments (unaudited) (continued) March 31, 2024 Total International ex U.S. Index Master Portfolio (Percentages shown are based on Net Assets)

Security	Shares		Value
Kuwait (continued)
Mabanee Co. KPSC		66,870	$	171,902
Mobile Telecommunications Co. KSCP		139,288		222,280
National Bank of Kuwait SAKP		518,039		1,616,263
				4,157,254
Luxembourg — 0.1%
ArcelorMittal SA		34,953		960,757
Eurofins Scientific SE		10,393		662,038
Reinet Investments SCA		7,155		173,107
				1,795,902
Macau — 0.1%
Galaxy Entertainment Group Ltd.		161,000		809,358
Sands China Ltd. (b)		175,600		495,410
				1,304,768
Malaysia — 0.4%
AMMB Holdings Bhd		68,900		60,683
Axiata Group Bhd		165,600		94,197
CelcomDigi Bhd		305,900		272,105
CIMB Group Holdings Bhd		394,000		545,789
Gamuda Bhd		173,800		193,519
Genting Bhd		119,100		118,903
Genting Malaysia Bhd		106,100		61,273
Hong Leong Bank Bhd		38,840		158,872
IHH Healthcare Bhd		133,900		170,593
Inari Amertron Bhd		200,000		133,765
IOI Corp. Bhd		306,000		255,546
Kuala Lumpur Kepong Bhd		46,100		217,528
Malayan Banking Bhd		372,000		758,711
Malaysia Airports Holdings Bhd		112,400		235,291
Maxis Bhd		144,000		102,531
MISC Bhd		83,600		135,175
MR DIY Group M Bhd (c)		483,900		153,359
Nestle Malaysia Bhd		4,200		104,712
Petronas Chemicals Group Bhd		199,900		286,975
Petronas Dagangan Bhd		22,000		99,937
Petronas Gas Bhd		77,800		288,647
PPB Group Bhd		38,320		126,303
Press Metal Aluminium Holdings Bhd		283,300		278,931
Public Bank Bhd		1,009,700		898,459
QL Resources Bhd		80,400		99,950
RHB Bank Bhd		82,424		98,282
Sime Darby Bhd		159,000		87,413
Sime Darby Plantation Bhd		124,000		114,124
Telekom Malaysia Bhd		55,900		71,025
Tenaga Nasional Bhd		155,300		368,809
YTL Corp. Bhd		238,400		131,497
YTL Power International Bhd		204,700		163,688
				6,886,592
Mexico — 0.8%
Alfa SAB de CV, Class A		179,985		133,924
America Movil SAB de CV, Series B		1,299,034		1,212,842
Arca Continental SAB de CV		33,779		369,008
Banco del Bajio SA (c)		91,382		355,439
Cemex SAB de CV, Series B (b)		1,097,122		988,894
Coca-Cola Femsa SAB de CV		33,012		320,479
Fibra Uno Administracion SA de CV		272,247		452,836
Fomento Economico Mexicano SAB de CV		152,731		1,996,211
Gruma SAB de CV, Class B		10,875		203,363
Grupo Aeroportuario del Centro Norte SAB de CV, Class B		19,745		195,006

Security	Shares		Value
Mexico (continued)
Grupo Aeroportuario del Pacifico SAB de CV, Class B		30,531	$	495,798
Grupo Aeroportuario del Sureste SAB de CV, Class B		12,080		382,173
Grupo Bimbo SAB de CV, Series A		89,258		422,906
Grupo Carso SAB de CV, Series A1		45,509		407,078
Grupo Financiero Banorte SAB de CV, Class O		186,177		1,977,459
Grupo Financiero Inbursa SAB de CV, Class O (b)		123,656		382,076
Grupo Mexico SAB de CV, Series B		226,079		1,346,118
Industrias Penoles SAB de CV (b)		18,447		262,195
Kimberly-Clark de Mexico SAB de CV, Class A		78,500		182,731
Operadora De Sites Mexicanos SAB de CV, Class A-1		132,504		161,406
Orbia Advance Corp. SAB de CV		123,011		257,407
Promotora y Operadora de Infraestructura SAB de CV, Series B		14,276		151,425
Southern Copper Corp. (a)		5,416		576,912
Wal-Mart de Mexico SAB de CV		359,212		1,446,146
				14,679,832
Netherlands — 3.8%
ABN AMRO Bank NV (c)		33,872		579,626
Adyen NV (b)(c)		1,553		2,623,229
Aegon Ltd.		106,840		651,812
Akzo Nobel NV		12,358		923,358
Argenx SE (b)		4,169		1,643,724
ASM International NV		2,858		1,750,245
ASML Holding NV		28,969		28,084,316
ASR Nederland NV		10,665		522,689
BE Semiconductor Industries NV		5,144		787,950
Euronext NV (c)		5,123		487,556
EXOR NV		7,271		809,163
Heineken Holding NV		9,881		797,436
Heineken NV		20,578		1,983,875
IMCD NV		4,175		734,842
ING Groep NV, Series N (a)		254,920		4,196,819
JDE Peet’s NV		9,702		203,688
Koninklijke Ahold Delhaize NV		70,490		2,109,186
Koninklijke KPN NV		245,631		918,759
Koninklijke Philips NV (b)		55,568		1,112,135
NN Group NV		19,168		884,892
OCI NV		8,374		229,521
Randstad NV		9,010		475,779
Shell PLC		465,971		15,460,671
Universal Music Group NV		59,185		1,778,529
Wolters Kluwer NV, Class C		17,659		2,765,219
				72,515,019
New Zealand — 0.2%
Auckland International Airport Ltd.		102,427		510,978
Fisher & Paykel Healthcare Corp. Ltd.		45,252		693,469
Mercury NZ Ltd.		41,047		169,948
Meridian Energy Ltd.		71,629		252,917
Spark New Zealand Ltd.		124,489		354,402
Xero Ltd. (b)		10,597		920,131
				2,901,845
Norway — 0.4%
Aker BP ASA		25,022		627,589
DNB Bank ASA		66,538		1,322,612
Equinor ASA (a)		61,779		1,656,566
Gjensidige Forsikring ASA		19,855		288,184
Kongsberg Gruppen ASA		6,071		419,190
Mowi ASA		37,325		685,612

12

Schedule of Investments (unaudited) (continued) March 31, 2024 Total International ex U.S. Index Master Portfolio (Percentages shown are based on Net Assets)

Security	Shares		Value
Norway (continued)
Norsk Hydro ASA		89,824	$	493,617
Orkla ASA		49,277		348,030
Salmar ASA		5,768		380,678
Telenor ASA		41,835		465,304
				6,687,382
Peru — 0.1%
Cia de Minas Buenaventura SAA, Series 20-A, ADR		16,186		257,034
Credicorp Ltd.		4,503		762,943
				1,019,977
Philippines — 0.2%
Aboitiz Equity Ventures, Inc.		70,570		58,814
Ayala Corp.		13,480		153,468
Ayala Land, Inc.		546,400		314,047
Bank of the Philippine Islands		110,452		232,044
BDO Unibank, Inc.		132,578		364,374
International Container Terminal Services, Inc.		71,720		405,709
JG Summit Holdings, Inc.		164,265		106,364
Jollibee Foods Corp.		45,180		203,109
Manila Electric Co.		11,960		75,953
Metropolitan Bank & Trust Co.		96,987		112,642
PLDT, Inc.		6,295		153,124
SM Investments Corp.		20,672		357,670
SM Prime Holdings, Inc.		780,850		454,217
Universal Robina Corp.		97,550		182,727
				3,174,262
Poland — 0.3%
Allegro.eu SA (a)(b)(c)		41,050		339,932
Bank Polska Kasa Opieki SA		11,016		500,608
Budimex SA		1,231		215,732
CD Projekt SA (a)		3,685		107,820
Dino Polska SA (b)(c)		3,219		312,282
KGHM Polska Miedz SA		13,171		376,154
LPP SA		119		455,471
mBank SA (b)		1,117		206,769
ORLEN SA		43,030		700,869
PGE Polska Grupa Energetyczna SA (b)		80,253		144,592
Powszechna Kasa Oszczednosci Bank Polski SA		55,727		826,860
Powszechny Zaklad Ubezpieczen SA		49,153		600,342
Santander Bank Polska SA		2,017		287,207
				5,074,638
Portugal — 0.1%
EDP - Energias de Portugal SA		271,929		1,060,966
Galp Energia SGPS SA		39,187		647,854
Jeronimo Martins SGPS SA		20,746		411,607
				2,120,427
Qatar — 0.2%
Barwa Real Estate Co.		109,970		83,247
Commercial Bank PSQC, Series R186		197,122		266,739
Dukhan Bank		164,731		174,352
Industries Qatar QSC		97,136		318,989
Masraf Al Rayan QSC		333,614		217,165
Mesaieed Petrochemical Holding Co.		245,102		131,792
Ooredoo QPSC		63,062		183,290
Qatar Electricity & Water Co. QSC		34,989		155,891
Qatar Fuel QSC		23,217		94,027
Qatar Gas Transport Co. Ltd.		132,108		144,435
Qatar International Islamic Bank QSC		102,600		307,490

Security	Shares		Value
Qatar (continued)
Qatar Islamic Bank SAQ		151,384	$	788,970
Qatar National Bank QPSC		323,841		1,260,911
				4,127,298
Romania — 0.0%
NEPI Rockcastle NV		38,237		264,065
Russia(b)(d) — 0.0%
Alrosa PJSC		189,683		20
Gazprom PJSC		621,256		67
Inter RAO UES PJSC		2,890,341		312
LUKOIL PJSC		21,213		2
MMC Norilsk Nickel PJSC		3,587		—
Mobile TeleSystems PJSC		50,446		5
Moscow Exchange MICEX-Rates PJSC		63,850		7
Novatek PJSC		44,130		5
Novolipetsk Steel PJSC		58,207		6
Ozon Holdings PLC, ADR		2,417		—
PhosAgro PJSC		2,583		—
PhosAgro PJSC, GDR, Registered Shares (e)		1		—
Polyus PJSC		2,382		—
Rosneft Oil Co. PJSC		71,604		8
Sberbank of Russia PJSC		588,148		64
Severstal PAO		10,830		1
Surgutneftegas PJSC		413,786		45
Tatneft PJSC		79,440		9
TCS Group Holding PLC, Class A, GDR (e)		6,905		1
United Co. RUSAL International PJSC		172,792		19
VK Co. Ltd., GDR		5,177		1
VTB Bank PJSC		186,510,000		20
X5 Retail Group NV, GDR, Registered Shares		9,876		1
Yandex NV, Class A		16,115		2
				595
Saudi Arabia — 1.2%
ACWA Power Co.		6,847		618,852
Ades Holding Co. (b)		44,470		246,153
Advanced Petrochemical Co.		7,524		78,653
Al Rajhi Bank		134,402		2,979,506
Alinma Bank		64,687		755,779
Almarai Co. JSC		14,947		227,961
Arab National Bank		61,088		481,502
Arabian Internet & Communications Services Co.		2,351		237,019
Bank AlBilad		41,400		536,478
Bank Al-Jazira (b)		25,089		133,813
Banque Saudi Fransi		38,664		401,741
Bupa Arabia for Cooperative Insurance Co.		6,760		475,480
Co. for Cooperative Insurance		4,904		211,800
Dallah Healthcare Co.		3,678		173,186
Dar Al Arkan Real Estate Development Co. (b)		26,789		98,727
Dr Sulaiman Al Habib Medical Services Group Co.		6,963		581,937
Elm Co.		2,061		527,180
Etihad Etisalat Co.		28,661		401,965
Jarir Marketing Co.		44,780		175,521
Mobile Telecommunications Co. Saudi Arabia		32,501		109,362
Mouwasat Medical Services Co.		5,276		191,880
Nahdi Medical Co.		3,386		133,568
Power & Water Utility Co. for Jubail & Yanbu		8,132		150,140
Riyad Bank		93,636		744,356
SABIC Agri-Nutrients Co.		17,654		577,232
Sahara International Petrochemical Co.		27,239		224,783
Saudi Arabian Mining Co. (b)		92,138		1,240,626
Saudi Arabian Oil Co. (c)		175,946		1,443,205

MASTER PORTFOLIO SCHEDULE OF INVESTMENTS 13

Schedule of Investments (unaudited) (continued) March 31, 2024 Total International ex U.S. Index Master Portfolio (Percentages shown are based on Net Assets)

Security	Shares		Value
Saudi Arabia (continued)
Saudi Aramco Base Oil Co.		1,818	$	81,182
Saudi Awwal Bank		73,131		809,208
Saudi Basic Industries Corp.		70,100		1,459,974
Saudi Electricity Co.		60,072		316,810
Saudi Industrial Investment Group		31,619		188,654
Saudi Investment Bank		42,308		186,820
Saudi Kayan Petrochemical Co. (b)		43,107		103,673
Saudi National Bank		201,603		2,194,249
Saudi Research & Media Group (b)		2,197		168,525
Saudi Tadawul Group Holding Co.		3,018		219,921
Saudi Telecom Co.		140,245		1,480,523
Savola Group		22,124		333,290
Yanbu National Petrochemical Co.		28,244		280,407
				21,981,641
Singapore — 0.9%
CapitaLand Ascendas REIT		261,551		536,513
CapitaLand Integrated Commercial Trust		361,823		530,526
CapitaLand Investment Ltd./Singapore		169,500		336,348
City Developments Ltd.		59,900		259,478
DBS Group Holdings Ltd.		124,184		3,314,200
Genting Singapore Ltd.		370,000		242,659
Grab Holdings Ltd., Class A (b)		148,651		466,764
Jardine Cycle & Carriage Ltd.		6,600		118,170
Keppel Ltd.		119,900		651,542
Mapletree Logistics Trust		336,949		364,309
Mapletree Pan Asia Commercial Trust		231,900		219,799
Oversea-Chinese Banking Corp. Ltd.		279,049		2,788,219
Sea Ltd., Class A, ADR (b)		26,220		1,408,276
Seatrium Ltd. (b)		3,437,106		200,876
Sembcorp Industries Ltd.		59,600		238,259
Singapore Airlines Ltd. (a)		118,599		562,100
Singapore Exchange Ltd.		45,600		311,189
Singapore Technologies Engineering Ltd.		93,300		277,782
Singapore Telecommunications Ltd.		566,200		1,064,071
STMicroelectronics NV		50,785		2,185,699
United Overseas Bank Ltd.		89,700		1,950,080
				18,026,859
South Africa — 0.8%
Absa Group Ltd.		64,880		506,538
Anglo American Platinum Ltd. (a)		6,058		245,763
Anglo American PLC		91,248		2,248,608
Aspen Pharmacare Holdings Ltd.		36,651		424,525
Bid Corp. Ltd.		22,557		550,002
Bidvest Group Ltd.		26,537		339,783
Capitec Bank Holdings Ltd.		6,306		697,445
Clicks Group Ltd.		17,239		269,516
Discovery Ltd.		46,452		295,856
Exxaro Resources Ltd.		14,243		127,074
FirstRand Ltd.		357,357		1,164,374
Gold Fields Ltd. (a)		62,168		997,322
Harmony Gold Mining Co. Ltd.		48,026		397,122
Impala Platinum Holdings Ltd.		62,435		257,932
Kumba Iron Ore Ltd.		2,943		71,830
MTN Group Ltd.		104,721		518,136
Naspers Ltd., Class N		13,038		2,311,285
Nedbank Group Ltd.		35,865		432,696
Northam Platinum Holdings Ltd. (a)		18,042		107,576
Old Mutual Ltd.		280,861		174,241
OUTsurance Group Ltd.		85,253		189,051
Pepkor Holdings Ltd. (c)		96,071		95,716
Remgro Ltd.		36,445		234,968

Security	Shares		Value
South Africa (continued)
Sanlam Ltd.		135,200	$	495,329
Sasol Ltd.		45,386		350,739
Shoprite Holdings Ltd.		30,051		392,599
Sibanye Stillwater Ltd. (a)		196,087		224,419
Standard Bank Group Ltd.		97,798		956,500
Vodacom Group Ltd.		34,946		181,834
Woolworths Holdings Ltd./South Africa (a)		55,517		173,557
				15,432,336
South Korea — 3.3%
Amorepacific Corp.		1,902		171,252
Celltrion Pharm, Inc. (b)		1,996		153,757
Celltrion, Inc.		10,725		1,464,570
CJ CheilJedang Corp.		487		105,647
CosmoAM&T Co. Ltd. (b)		1,498		178,035
Coway Co. Ltd.		4,594		192,025
DB Insurance Co. Ltd.		2,516		179,972
Delivery Hero SE (b)(c)		11,292		322,888
Doosan Bobcat, Inc.		2,907		116,635
Doosan Enerbility Co. Ltd. (b)		30,236		393,165
Ecopro BM Co. Ltd. (b)		3,294		679,908
Ecopro Co. Ltd. (b)		1,332		650,790
GS Holdings Corp.		2,934		105,586
Hana Financial Group, Inc.		21,339		934,175
Hanjin Kal Corp.		1,833		80,863
Hankook Tire & Technology Co. Ltd.		4,552		182,906
Hanmi Pharm Co. Ltd.		250		63,527
Hanmi Semiconductor Co. Ltd.		2,112		210,162
Hanon Systems		6,705		29,799
Hanwha Aerospace Co. Ltd.		2,293		353,694
Hanwha Ocean Co. Ltd. (b)		2,902		59,134
Hanwha Solutions Corp.		6,589		135,302
HD Hyundai Co. Ltd.		2,110		107,979
HLB, Inc. (b)		8,095		659,164
HMM Co. Ltd.		17,458		204,205
HYBE Co. Ltd.		1,792		304,867
Hyundai Engineering & Construction Co. Ltd.		4,660		115,232
Hyundai Glovis Co. Ltd.		1,004		134,751
Hyundai Heavy Industries Co. Ltd. (b)		2,021		178,144
Hyundai Mobis Co. Ltd.		4,678		908,176
Hyundai Motor Co.		9,428		1,659,030
Hyundai Steel Co.		9,851		232,854
Industrial Bank of Korea		31,533		327,067
Kakao Corp.		23,603		954,045
KakaoBank Corp.		13,451		280,934
Kakaopay Corp. (b)		3,033		87,747
Kangwon Land, Inc.		4,062		49,530
KB Financial Group, Inc.		27,816		1,453,595
Kia Corp.		18,804		1,562,785
Korea Aerospace Industries Ltd.		4,371		163,602
Korea Electric Power Corp. (b)		17,450		286,943
Korea Investment Holdings Co. Ltd.		1,996		98,821
Korea Shipbuilding & Offshore Engineering Co. Ltd. (b)		2,539		226,857
Korea Zinc Co. Ltd.		695		234,550
Korean Air Lines Co. Ltd.		18,478		297,504
Krafton, Inc. (b)		2,506		459,782
KT Corp.		1,934		54,549
KT&G Corp.		7,510		522,703
Kum Yang Co. Ltd. (b)		2,226		186,761
Kumho Petrochemical Co. Ltd.		1,183		123,418
L&F Co. Ltd. (b)		2,173		284,517
LG Chem Ltd.		3,388		1,108,910

14

Schedule of Investments (unaudited) (continued) March 31, 2024 Total International ex U.S. Index Master Portfolio (Percentages shown are based on Net Assets)

Security	Shares		Value
South Korea (continued)
LG Corp.		8,175	$	531,788
LG Display Co. Ltd. (b)		30,368		238,733
LG Electronics, Inc.		8,015		576,161
LG Energy Solution Ltd. (b)		3,209		955,964
LG H&H Co. Ltd.		839		241,021
LG Innotek Co. Ltd.		809		118,780
LG Uplus Corp.		19,172		143,088
Lotte Chemical Corp.		1,038		92,537
Meritz Financial Group, Inc.		9,258		562,933
Mirae Asset Securities Co. Ltd.		22,749		137,341
NAVER Corp.		9,203		1,278,551
NCSoft Corp.		1,351		206,673
Netmarble Corp. (b)(c)		1,410		66,068
NH Investment & Securities Co. Ltd.		5,312		46,556
Orion Corp./Republic of Korea		2,631		179,530
POSCO Future M Co. Ltd.		2,049		460,762
POSCO Holdings, Inc.		4,929		1,543,901
Posco ICT Co. Ltd.		2,635		95,115
Posco International Corp.		3,269		129,222
Samsung Biologics Co. Ltd. (b)(c)		1,133		701,242
Samsung C&T Corp.		5,348		635,980
Samsung Electro-Mechanics Co. Ltd.		4,542		506,071
Samsung Electronics Co. Ltd.		340,827		20,861,018
Samsung Engineering Co. Ltd. (b)		12,358		231,481
Samsung Fire & Marine Insurance Co. Ltd.		2,546		584,686
Samsung Heavy Industries Co. Ltd. (b)		59,459		380,844
Samsung Life Insurance Co. Ltd.		5,945		421,737
Samsung SDI Co. Ltd.		3,812		1,351,940
Samsung SDS Co. Ltd.		2,432		295,502
Samsung Securities Co. Ltd.		2,723		82,340
Shinhan Financial Group Co. Ltd.		33,717		1,189,369
SK Biopharmaceuticals Co. Ltd. (b)		2,896		198,998
SK Bioscience Co. Ltd. (b)		1,588		72,850
SK Hynix, Inc.		39,771		5,406,197
SK IE Technology Co. Ltd. (b)(c)		2,047		111,186
SK Innovation Co. Ltd. (b)		4,534		399,363
SK Square Co. Ltd. (b)		9,488		555,010
SK Telecom Co. Ltd.		3,814		151,017
SK, Inc.		2,218		300,877
SKC Co. Ltd. (b)		1,153		102,469
S-Oil Corp.		2,657		153,889
Woori Financial Group, Inc.		41,683		452,143
Yuhan Corp.		3,378		194,211
				62,977,958
Spain — 1.6%
Acciona SA		1,476		179,630
ACS Actividades de Construccion y Servicios SA		15,290		640,321
Aena SME SA (c)		4,988		982,404
Amadeus IT Group SA		30,892		1,983,164
Banco Bilbao Vizcaya Argentaria SA		427,001		5,084,937
Banco Santander SA		1,162,341		5,677,372
CaixaBank SA		282,942		1,372,997
Cellnex Telecom SA (c)		38,756		1,370,982
EDP Renovaveis SA		21,451		290,493
Enagas SA		8,450		125,532
Endesa SA		25,932		480,817
Grifols SA , Class A (b)		24,792		223,002
Iberdrola SA		424,682		5,274,701
Industria de Diseno Textil SA		74,801		3,766,699

Security	Shares		Value
Spain (continued)
Redeia Corp. SA		20,753	$	354,483
Repsol SA		90,531		1,511,072
Telefonica SA		362,153		1,599,357
				30,917,963
Sweden — 2.0%
Alfa Laval AB		22,061		866,872
Assa Abloy AB, Class B		68,730		1,972,434
Atlas Copco AB		109,682		1,619,997
Atlas Copco AB, A Shares		202,106		3,413,277
Beijer Ref AB, Class B (a)		29,241		434,168
Boliden AB		16,221		450,418
Epiroc AB, Class A		49,937		937,445
Epiroc AB, Class B		22,861		387,150
EQT AB		25,218		798,389
Essity AB, Class B		44,667		1,061,025
Evolution AB (c)		12,727		1,580,743
Fastighets AB Balder, Class B (b)		48,678		357,562
Getinge AB, Class B		16,044		322,691
H&M Hennes & Mauritz AB, B Shares (a)		46,295		754,890
Hexagon AB, Class B		142,369		1,682,934
Holmen AB, Class A		6,309		256,649
Husqvarna AB, B Shares		22,734		194,535
Industrivarden AB, Class A		11,567		397,786
Industrivarden AB, Series C, C Shares		8,323		286,199
Indutrade AB		17,623		479,994
Investment AB Latour, Class B		13,900		365,412
Investor AB, Class B		131,115		3,290,240
L E Lundbergforetagen AB, Class B		6,442		348,693
Lifco AB, Class B		16,700		436,109
Nibe Industrier AB, Class B		106,085		521,662
Saab AB, Class B		6,068		539,766
Sagax AB, Class B		11,719		309,151
Sandvik AB		75,323		1,672,228
Securitas AB, B Shares		38,094		392,712
Skandinaviska Enskilda Banken AB, Class A		114,035		1,544,893
Skanska AB, B Shares		21,743		387,211
SKF AB, Class B		28,327		578,290
Svenska Cellulosa AB SCA, Class B		38,142		586,395
Svenska Handelsbanken AB, A Shares		115,347		1,166,156
Swedbank AB, A Shares		61,697		1,224,545
Swedish Orphan Biovitrum AB (b)		16,257		405,817
Tele2 AB, B Shares		38,108		312,922
Telefonaktiebolaget LM Ericsson, B Shares		206,162		1,108,771
Telia Co. AB		158,189		405,431
Volvo AB, Class A		13,043		359,160
Volvo AB, Class B		107,885		2,923,840
Volvo Car AB, Class B (b)		44,422		168,181
				37,302,743
Switzerland — 4.0%
ABB Ltd., Class N, Registered Shares		111,957		5,193,719
Adecco Group AG, Class N, Registered Shares		12,824		507,347
Alcon, Inc.		37,366		3,090,594
Avolta AG, Class N, Registered Shares (b)		6,282		261,566
Bachem Holding AG, Class N (a)		2,994		286,715
Baloise Holding AG, Class N, Registered Shares		3,703		580,651
Banque Cantonale Vaudoise, Registered Shares		2,388		277,810
Barry Callebaut AG, Class N, Registered Shares		293		425,612
BKW AG		1,298		199,457

MASTER PORTFOLIO SCHEDULE OF INVESTMENTS 15

Schedule of Investments (unaudited) (continued) March 31, 2024 Total International ex U.S. Index Master Portfolio (Percentages shown are based on Net Assets)

Security	Shares		Value
Switzerland (continued)
Chocoladefabriken Lindt & Spruengli AG		69	$	825,848
Chocoladefabriken Lindt & Spruengli AG, Class N, Registered Shares		9		1,085,751
Cie Financiere Richemont SA, Class A, Registered Shares		38,515		5,863,539
Clariant AG, Class N, Registered Shares		14,711		199,039
DSM-Firmenich AG		13,452		1,529,923
EMS-Chemie Holding AG, Registered Shares		523		400,837
Geberit AG, Class N, Registered Shares		2,341		1,383,493
Givaudan SA, Class N, Registered Shares		684		3,044,988
Helvetia Holding AG, Registered Shares		2,687		370,459
Julius Baer Group Ltd., Class N		13,632		790,634
Kuehne and Nagel International AG, Registered Shares		3,963		1,102,580
Logitech International SA, Class N, Registered Shares		12,142		1,088,036
Lonza Group AG, Registered Shares		5,281		3,155,917
Novartis AG, Class N, Registered Shares		147,488		14,285,450
Partners Group Holding AG		1,556		2,222,723
Sandoz Group AG (b)		28,847		870,768
Schindler Holding AG		2,550		641,881
Schindler Holding AG, Class N, Registered Shares		2,124		518,271
SGS SA (a)		10,715		1,040,238
SIG Group AG		20,650		457,899
Sika AG, Registered Shares		10,654		3,170,100
Sonova Holding AG, Registered Shares		3,539		1,024,870
Straumann Holding AG, Registered Shares		8,012		1,278,376
Swatch Group AG		1,960		457,233
Swatch Group AG, Class N, Registered Shares		3,146		142,652
Swiss Life Holding AG, Class N, Registered Shares		2,024		1,419,617
Swiss Prime Site AG, Registered Shares		6,269		591,336
Swisscom AG, Class N, Registered Shares		1,781		1,090,070
Temenos AG, Class N, Registered Shares		4,681		334,834
UBS Group AG, Registered Shares		238,369		7,339,602
VAT Group AG (c)		2,018		1,042,486
Zurich Insurance Group AG, Class N		10,477		5,659,826
				75,252,747
Taiwan — 4.7%
Accton Technology Corp.		36,000		515,898
Acer, Inc.		179,504		261,650
Advantech Co. Ltd.		28,769		366,008
Alchip Technologies Ltd.		5,000		494,782
ASE Technology Holding Co. Ltd.		230,343		1,118,106
Asia Cement Corp.		138,233		176,840
Asustek Computer, Inc.		56,220		744,266
AUO Corp.		391,200		221,161
Catcher Technology Co. Ltd.		45,000		305,788
Cathay Financial Holding Co. Ltd.		701,622		1,057,326
Chailease Holding Co. Ltd.		113,943		610,559
Chang Hwa Commercial Bank Ltd.		294,541		167,010
Cheng Shin Rubber Industry Co. Ltd.		203,436		315,799
China Airlines Ltd.		228,000		138,837
China Development Financial Holding Corp. (b)		1,516,191		655,856
China Steel Corp.		818,638		608,774
Chunghwa Telecom Co. Ltd.		262,000		1,029,171
Compal Electronics, Inc.		273,000		326,968
CTBC Financial Holding Co. Ltd.		1,297,601		1,313,376
Delta Electronics, Inc.		134,000		1,434,185
E Ink Holdings, Inc.		58,000		411,570
E.Sun Financial Holding Co. Ltd.		1,072,005		909,077

Security	Shares		Value
Taiwan (continued)
Eclat Textile Co. Ltd.		12,303	$	210,413
eMemory Technology, Inc.		5,000		375,415
Eva Airways Corp.		170,000		167,901
Evergreen Marine Corp. Taiwan Ltd.		74,055		407,258
Far Eastern New Century Corp.		207,607		214,316
Far EasTone Telecommunications Co. Ltd.		144,000		364,010
Feng TAY Enterprise Co. Ltd.		54,996		271,369
First Financial Holding Co. Ltd.		691,867		596,552
Formosa Chemicals & Fibre Corp.		218,360		373,037
Formosa Petrochemical Corp.		117,000		250,952
Formosa Plastics Corp.		244,040		519,140
Fubon Financial Holding Co. Ltd.		689,558		1,492,641
Gigabyte Technology Co. Ltd.		34,000		332,693
Global Unichip Corp.		8,000		304,873
Globalwafers Co. Ltd.		17,000		295,149
Hon Hai Precision Industry Co. Ltd.		949,800		4,451,701
Hotai Motor Co. Ltd.		18,360		371,071
Hua Nan Financial Holdings Co. Ltd.		517,220		369,998
Innolux Corp.		536,908		255,015
Inventec Corp.		168,470		308,318
Largan Precision Co. Ltd.		7,000		531,355
Lite-On Technology Corp.		149,816		496,631
MediaTek, Inc.		109,255		4,079,545
Mega Financial Holding Co. Ltd.		849,971		1,068,780
Micro-Star International Co. Ltd.		67,000		349,628
Nan Ya Plastics Corp.		364,790		627,570
Nan Ya Printed Circuit Board Corp.		12,000		74,238
Nanya Technology Corp.		65,000		137,275
Nien Made Enterprise Co. Ltd.		9,000		99,753
Novatek Microelectronics Corp.		42,000		773,211
Pegatron Corp.		116,000		361,139
PharmaEssentia Corp. (b)		15,000		149,984
Pou Chen Corp.		90,000		101,880
Powerchip Semiconductor Manufacturing Corp. (b)		231,000		186,952
President Chain Store Corp.		40,000		331,692
Quanta Computer, Inc.		193,000		1,690,095
Realtek Semiconductor Corp.		40,240		700,747
Ruentex Development Co. Ltd.		97,478		106,756
Shanghai Commercial & Savings Bank Ltd.		309,075		465,919
Shin Kong Financial Holding Co. Ltd. (b)		784,499		197,509
SinoPac Financial Holdings Co. Ltd.		637,596		428,187
Synnex Technology International Corp.		72,500		177,492
Taishin Financial Holding Co. Ltd.		795,025		445,849
Taiwan Business Bank		412,672		205,021
Taiwan Cement Corp.		505,240		500,066
Taiwan Cooperative Financial Holding Co. Ltd.		818,564		664,431
Taiwan High Speed Rail Corp.		140,000		131,887
Taiwan Mobile Co. Ltd.		156,800		499,523
Taiwan Semiconductor Manufacturing Co. Ltd.		1,761,000		42,864,655
Unimicron Technology Corp.		102,000		606,409
Uni-President Enterprises Corp.		357,950		854,187
United Microelectronics Corp.		817,000		1,326,843
Vanguard International Semiconductor Corp.		63,000		166,977
Voltronic Power Technology Corp.		4,000		206,309
Walsin Lihwa Corp.		185,100		216,274
Wan Hai Lines Ltd.		39,215		54,043
Winbond Electronics Corp.		169,552		143,058
Wistron Corp.		194,000		730,814
Wiwynn Corp.		6,000		410,858
WPG Holdings Ltd.		102,448		307,379
Yageo Corp.		22,909		425,106

16

Schedule of Investments (unaudited) (continued) March 31, 2024 Total International ex U.S. Index Master Portfolio (Percentages shown are based on Net Assets)

Security	Shares		Value
Taiwan (continued)
Yang Ming Marine Transport Corp.		110,000	$	151,866
Yuanta Financial Holding Co. Ltd.		623,584		586,728
Zhen Ding Technology Holding Ltd.		37,710		147,280
				89,896,730
Thailand — 0.4%
Advanced Info Service PCL, NVDR		93,200		521,339
Airports of Thailand PCL, NVDR		413,700		740,382
Asset World Corp. PCL, NVDR		606,100		68,618
Bangkok Dusit Medical Services PCL, NVDR		850,600		659,352
Bangkok Expressway & Metro PCL, NVDR		553,100		121,282
BTS Group Holdings PCL, NVDR		513,400		78,935
Bumrungrad Hospital PCL, NVDR		51,000		312,078
Central Pattana PCL, NVDR		105,500		181,715
Central Retail Corp. PCL, NVDR		103,400		102,134
Charoen Pokphand Foods PCL, NVDR		204,000		101,897
CP ALL PCL, NVDR		384,600		575,352
CP Axtra PCL, NVDR		165,700		142,058
Delta Electronics Thailand PCL, NVDR		236,100		468,648
Energy Absolute PCL, NVDR		98,300		92,507
Global Power Synergy PCL, NVDR		42,200		60,887
Gulf Energy Development PCL, NVDR		253,100		303,754
Home Product Center PCL, NVDR		339,932		99,864
Indorama Ventures PCL, NVDR		97,000		63,633
Intouch Holdings PCL, NVDR		41,000		77,339
Kasikornbank PCL, NVDR		29,700		100,976
Krung Thai Bank PCL, NVDR		285,275		131,510
Krungthai Card PCL, NVDR		144,300		181,277
Land & Houses PCL, NVDR (a)		601,300		121,273
Minor International PCL, NVDR		147,580		133,712
Muangthai Capital PCL, NVDR		57,700		73,671
PTT Exploration & Production PCL, NVDR		109,022		447,062
PTT Global Chemical PCL, NVDR		115,068		120,101
PTT Oil & Retail Business PCL, NVDR		346,800		167,588
PTT PCL, NVDR		597,700		549,923
SCB X PCL, NVDR		41,800		130,672
SCG Packaging PCL, NVDR		143,200		113,001
Siam Cement PCL, NVDR		54,100		378,561
Thai Oil PCL, NVDR		51,600		83,329
TMBThanachart Bank PCL, NVDR		3,816,300		190,442
True Corp. PCL, NVDR (b)		1,194,925		252,479
				7,947,351
Turkey — 0.2%
Akbank TAS, Class A		213,323		308,664
Aselsan Elektronik Sanayi Ve Ticaret A/S, Class A		93,534		160,273
BIM Birlesik Magazalar A/S, Class A		24,603		267,293
Coca-Cola Icecek A/S, Class A		5,396		93,799
Eregli Demir ve Celik Fabrikalari TAS, Class A, Registered Shares (b)		95,722		124,706
Ford Otomotiv Sanayi A/S, Class A		4,907		175,302
Haci Omer Sabanci Holding A/S, Class A		71,332		183,045
KOC Holding A/S, Class A		53,193		334,652
Sasa Polyester Sanayi AS (b)		92,041		122,416
Tofas Turk Otomobil Fabrikasi A/S, Class A		8,740		73,668
Turk Hava Yollari AO, Class A (b)		33,173		305,509
Turkcell Iletisim Hizmetleri A/S, Class A		84,603		178,990
Turkiye Is Bankasi A/S, Class C		570,904		198,082
Turkiye Petrol Rafinerileri A/S, Class A		67,360		368,568

Security	Shares		Value
Turkey (continued)
Turkiye Sise ve Cam Fabrikalari A/S, Class A		96,380	$	135,580
Yapi ve Kredi Bankasi AS, Class A		231,458		196,760
				3,227,307
United Arab Emirates — 0.3%
Abu Dhabi Commercial Bank PJSC		203,805		466,189
Abu Dhabi Islamic Bank PJSC		109,255		324,887
Abu Dhabi National Oil Co. for Distribution PJSC		423,736		420,015
Aldar Properties PJSC		238,393		358,344
Americana Restaurants International PLC		167,650		150,199
Dubai Islamic Bank PJSC		287,594		457,362
Emaar Properties PJSC		492,362		1,092,722
Emirates NBD Bank PJSC		142,759		672,539
Emirates Telecommunications Group Co. PJSC		240,707		1,200,831
First Abu Dhabi Bank PJSC		318,686		1,162,882
Multiply Group PJSC (b)		233,097		142,185
				6,448,155
United Kingdom — 6.9%
3i Group PLC		66,743		2,366,533
abrdn PLC		126,751		225,791
Admiral Group PLC		17,979		644,326
Anglogold Ashanti PLC		29,334		654,921
Ashtead Group PLC		33,914		2,415,666
Associated British Foods PLC, Series 20B		23,283		734,599
AstraZeneca PLC		110,121		14,794,071
Auto Trader Group PLC (c)		77,280		682,453
Aviva PLC		176,663		1,108,506
BAE Systems PLC		214,776		3,660,947
Barclays PLC		1,066,698		2,472,228
Barratt Developments PLC		64,968		389,943
Berkeley Group Holdings PLC		6,612		397,252
BP PLC		1,219,213		7,648,641
British American Tobacco PLC		149,213		4,528,775
BT Group PLC		467,882		647,530
Bunzl PLC		24,465		941,354
Burberry Group PLC		26,168		400,275
Centrica PLC		426,543		687,612
CK Hutchison Holdings Ltd.		198,008		952,943
Coca-Cola Europacific Partners PLC		14,736		1,030,783
Compass Group PLC		118,876		3,486,947
Croda International PLC		8,990		556,260
DCC PLC, Series A		6,340		461,274
Diageo PLC		158,667		5,871,030
Endeavour Mining PLC		13,326		270,413
Entain PLC		44,257		444,119
Flutter Entertainment PLC (b)		12,529		2,497,449
Halma PLC		29,226		872,699
Hargreaves Lansdown PLC		26,614		247,006
HSBC Holdings PLC		1,378,295		10,773,890
Imperial Brands PLC		60,879		1,360,925
Informa PLC		95,973		1,006,949
InterContinental Hotels Group PLC		11,772		1,223,250
Intertek Group PLC		11,608		730,698
J Sainsbury PLC		105,979		361,858
JD Sports Fashion PLC		233,768		397,138
Kingfisher PLC (a)		161,823		509,302
Land Securities Group PLC		44,431		369,041
Legal & General Group PLC		409,914		1,316,920
Lloyds Banking Group PLC, Series L		4,703,155		3,075,842
London Stock Exchange Group PLC		29,119		3,484,206

MASTER PORTFOLIO SCHEDULE OF INVESTMENTS 17

Schedule of Investments (unaudited) (continued) March 31, 2024 Total International ex U.S. Index Master Portfolio (Percentages shown are based on Net Assets)

Security	Shares		Value
United Kingdom (continued)
M&G PLC		147,658	$	410,983
Melrose Industries PLC		90,172		765,641
National Grid PLC		266,485		3,590,618
NatWest Group PLC		413,096		1,383,598
Next PLC		9,518		1,109,460
Ocado Group PLC (b)		41,160		236,047
Pearson PLC		44,562		586,769
Pepco Group NV (b)		15,565		70,147
Persimmon PLC		23,234		385,231
Phoenix Group Holdings PLC		43,508		303,792
Reckitt Benckiser Group PLC		50,712		2,890,839
RELX PLC		134,303		5,791,874
Rentokil Initial PLC		183,389		1,090,341
Rolls-Royce Holdings PLC (b)		615,530		3,311,775
Sage Group PLC		75,057		1,199,564
Schroders PLC		76,220		362,109
Segro PLC		100,406		1,144,782
Severn Trent PLC		16,765		523,123
Smith & Nephew PLC		58,129		727,716
Smiths Group PLC		22,773		472,050
Spirax-Sarco Engineering PLC		5,069		643,134
SSE PLC		74,768		1,558,762
St. James’s Place PLC		48,995		287,438
Standard Chartered PLC		163,315		1,384,538
Taylor Wimpey PLC, Series L		211,225		365,180
Tesco PLC		492,742		1,845,551
Unilever PLC		180,578		9,065,341
United Utilities Group PLC		45,859		595,875
Vodafone Group PLC		1,576,827		1,398,526
Whitbread PLC		12,320		515,073
Wise PLC, Class A (b)		43,815		512,169
WPP PLC		100,479		952,252
				132,182,663
United States — 4.8%
Brookfield Renewable Corp., Class A		7,825		192,022
BRP, Inc. (a)		3,898		261,728
CRH PLC		49,758		4,294,612
CSL Ltd.		33,950		6,369,950
CyberArk Software Ltd. (b)		3,224		856,391
Experian PLC		63,089		2,748,973
Ferrovial SE		36,858		1,459,276
GFL Environmental, Inc.		15,379		530,326
GSK PLC		299,013		6,419,922
Haleon PLC		503,359		2,109,464
Holcim AG		37,166		3,367,118
James Hardie Industries PLC (b)		31,718		1,274,854
JBS S/A		44,372		190,214
Legend Biotech Corp., ADR (a)(b)		5,488		307,822
Monday.com Ltd. (b)		2,046		462,130
Nestle SA, Class N, Registered Shares		191,056		20,299,692
Parade Technologies Ltd.		7,000		201,470
QIAGEN NV		16,846		719,957
Roche Holding AG		52,853		13,522,428
Sanofi SA		82,463		8,022,365
Schneider Electric SE		39,350		8,896,106
Stellantis NV		159,862		4,541,524

Security	Shares		Value
United States (continued)
Swiss Re AG		21,458	$	2,760,247
Tenaris SA		39,525		781,458
				90,590,049
Zambia — 0.0%
First Quantum Minerals Ltd.		54,049		580,970
Total Common Stocks — 97.5% (Cost: $1,332,388,509)				1,854,724,182
Preferred Securities
Preferred Stocks — 1.0%
Brazil — 0.4%
Banco Bradesco SA		374,647		1,065,212
Centrais Eletricas Brasileiras SA		8,083		75,151
Cia Energetica de Minas Gerais		132,617		332,111
Companhia Paranaense de Energia		84,716		162,493
Gerdau SA		118,792		525,817
Itau Unibanco Holding SA		332,292		2,295,050
Itausa SA		339,531		710,826
Petroleo Brasileiro SA		363,143		2,705,073
				7,871,733
Chile — 0.1%
Sociedad Quimica y Minera de Chile SA Class B		11,036		538,448
Colombia — 0.0%
Bancolombia SA		28,795		244,815
Germany — 0.3%
Bayerische Motoren Werke AG		5,302		568,918
Dr Ing hc F Porsche AG(c)		8,133		808,891
Henkel AG & Co. KGaA		12,567		1,010,085
Porsche Automobil Holding SE		11,861		628,323
Sartorius AG		1,834		728,300
Volkswagen AG		14,850		1,969,466
				5,713,983
Russia — 0.0%
Surgutneftegas PJSC(b)(d)		376,618		41
South Korea — 0.2%
Hyundai Motor Co., Preference Shares,		6,620		773,840
LG Chem Ltd.		671		149,707
Samsung Electronics Co. Ltd.		57,163		2,853,131
				3,776,678
Total Preferred Securities — 1.0% (Cost: $14,440,115)				18,145,698

18

Schedule of Investments (unaudited) (continued) March 31, 2024 Total International ex U.S. Index Master Portfolio (Percentages shown are based on Net Assets)

Security	Shares		Value
Warrants
Canada — 0.0%
Constellation Software, Inc., (Issued 08/29/23, 1 Share for 1 Warrant, Expires 03/31/40, Strike Price CAD 11.50)(b)(d)		1,354	$	—
Total Warrants — 0.0% (Cost: $ — )				—
Total Long-Term Investments — 98.5% (Cost: $1,346,828,624)				1,872,869,880
Short-Term Securities
Money Market Funds — 3.0%
BlackRock Cash Funds: Institutional, SL Agency Shares, 5.50%(f)(g)(h)		39,966,320		39,982,306
BlackRock Cash Funds: Treasury, SL Agency Shares, 5.29%(f)(g)		17,409,983		17,409,983
Total Short-Term Securities — 3.0% (Cost: $57,388,168)				57,392,289
Total Investments — 101.5% (Cost: $1,404,216,792)				1,930,262,169
Liabilities in Excess of Other Assets — (1.5)%				(27,898,918	)
Net Assets — 100.0%			$	1,902,363,251

^(a)  All or a portion of this security is on loan.

^(b)  Non-income producing security.

^(c)  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.

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

^(e)  This security may be resold to qualified foreign investors and foreign institutional buyers under Regulation S of the Securities Act of 1933.

^(f)  Affiliate of the Master Portfolio.

^(g)  Annualized 7-day yield as of period end.

^(h)  All or a portion of this security was purchased with the cash collateral from loaned securities.

Affiliates

Investments in issuers considered to be affiliate(s) of the Master Portfolio during the period ended March 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 12/31/23		Purchases at Cost			Proceeds from Sales			Net Realized Gain (Loss)			Change in Unrealized Appreciation (Depreciation)			Value at 03/31/24		Shares Held at 03/31/24		Income			Capital Gain Distributions from Underlying Funds
BlackRock Cash Funds: Institutional, SL Agency Shares	$	49,195,915	$	—		$	(9,204,199	)(a)	$	(1,354	)	$	(8,056	)	$	39,982,306		39,966,320	$	46,212	(b)	$	—
BlackRock Cash Funds: Treasury, SL Agency Shares		—		17,409,983	(a)		—			—			—			17,409,983		17,409,983		228,600			—
									$	(1,354	)	$	(8,056	)	$	57,392,289			$	274,812		$	—

^(a)  Represents net amount purchased (sold).

^(b)  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
S&P/TSE 60 Index Mini		33		06/20/24	$	1,634	$	22,587
MSCI EAFE Index		117		06/21/24		13,789		108,188
MSCI Emerging Markets Index		113		06/21/24		5,927		9,539
							$	140,314

MASTER PORTFOLIO SCHEDULE OF INVESTMENTS 19

Schedule of Investments (unaudited) (continued) March 31, 2024 Total International ex U.S. Index Master Portfolio

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 Master Portfolio 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 Master Portfolio’s policy regarding valuation of financial instruments, refer to its most recent financial statements.

The following table summarizes the Master Portfolio’s financial instruments categorized in the fair value hierarchy. The breakdown of the Master Portfolio’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	$	—	$	89,060,773	$	—	$	89,060,773
Austria		—		2,657,736		—		2,657,736
Belgium		260,704		9,765,521		—		10,026,225
Brazil		20,484,039		353,081		—		20,837,120
Canada		138,687,719		—		—		138,687,719
Chile		1,902,173		1,130,148		—		3,032,321
China		13,252,873		121,553,170		—		134,806,043
Colombia		286,756		—		—		286,756
Czech Republic		366,824		247,339		—		614,163
Denmark		—		44,327,467		—		44,327,467
Egypt		—		170,437		—		170,437
Finland		—		11,713,795		—		11,713,795
France		242,631		125,133,671		—		125,376,302
Germany		—		99,195,310		—		99,195,310
Greece		1,833,433		1,037,621		—		2,871,054
Hong Kong		260,462		20,153,803		—		20,414,265
Hungary		1,292,763		—		—		1,292,763
India		4,105,644		87,762,333		—		91,867,977
Indonesia		388,309		9,368,920		—		9,757,229
Ireland		1,239,336		3,993,335		—		5,232,671
Israel		3,087,647		4,714,692		—		7,802,339
Italy		192,163		28,713,474		—		28,905,637
Japan		11,095,068		274,982,282		—		286,077,350
Jordan		—		235,402		—		235,402
Kuwait		171,902		3,985,352		—		4,157,254
Luxembourg		173,107		1,622,795		—		1,795,902
Macau		—		1,304,768		—		1,304,768
Malaysia		1,757,566		5,129,026		—		6,886,592
Mexico		710,836		13,968,996		—		14,679,832
Netherlands		203,688		72,311,331		—		72,515,019
New Zealand		1,981,714		920,131		—		2,901,845
Norway		465,304		6,222,078		—		6,687,382
Peru		1,019,977		—		—		1,019,977
Philippines		2,033,670		1,140,592		—		3,174,262

20

Schedule of Investments (unaudited) (continued) March 31, 2024 Total International ex U.S. Index Master Portfolio

Fair Value Hierarchy as of Period End (continued)

	Level 1		Level 2		Level 3		Total
Common Stocks (continued)
Poland	$	215,732	$	4,858,906	$	—	$	5,074,638
Portugal		—		2,120,427		—		2,120,427
Qatar		2,635,766		1,491,532		—		4,127,298
Romania		264,065		—		—		264,065
Russia		—		—		595		595
Saudi Arabia		4,433,894		17,547,747		—		21,981,641
Singapore		1,875,040		16,151,819		—		18,026,859
South Africa		7,391,242		8,041,094		—		15,432,336
South Korea		26,905,032		36,072,926		—		62,977,958
Spain		—		30,917,963		—		30,917,963
Sweden		405,817		36,896,926		—		37,302,743
Switzerland		—		75,252,747		—		75,252,747
Taiwan		52,317,153		37,579,577		—		89,896,730
Thailand		—		7,947,351		—		7,947,351
Turkey		2,148,186		1,079,121		—		3,227,307
United Arab Emirates		6,448,155		—		—		6,448,155
United Kingdom		1,030,783		131,151,880		—		132,182,663
United States		2,800,633		87,789,416		—		90,590,049
Zambia		580,970		—		—		580,970
Preferred Securities
Preferred Stocks
South Korea		—		3,776,678		—		3,776,678
Brazil		7,871,733		—		—		7,871,733
Chile		—		538,448		—		538,448
Colombia		—		244,815		—		244,815
Russia		—		—		41		41
Germany		—		5,713,983		—		5,713,983
Warrants		—		—		—		—
Short-Term Securities
Money Market Funds		57,392,289		—		—		57,392,289
	$	382,212,798	$	1,548,048,735	$	636	$	1,930,262,169
Derivative Financial Instruments
Assets
Equity Contracts	$	140,314	$	—	$	—	$	140,314

Portfolio Abbreviation
ADR	American Depositary Receipt
CD	Certificate of Deposit
CVA	Certificaten Van Aandelen (Dutch Certificate)
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
RB	Revenue Bond
REIT	Real Estate Investment Trust
SCA	Societe en Commandite par Actions
SRF	State Revolving Fund

MASTER PORTFOLIO SCHEDULE OF INVESTMENTS 21