BRY0HRCD4 BLACKROCK


Security	Shares		Value

Common Stocks

Canada — 4.1%
TELUS Corp.		1,039,650	$	27,160,717


Denmark — 4.4%
Novo Nordisk A/S, Class B		266,576		29,567,564


France — 19.1%
Air Liquide SA		61,686		10,791,581
EssilorLuxottica SA		147,711		27,014,944
Kering SA		33,922		21,415,883
LVMH Moet Hennessy Louis Vuitton SE		23,187		16,550,850
Sanofi		290,085		29,658,171
Schneider Electric SE		130,926		21,981,208


				127,412,637

India — 3.0%
HDFC Bank Ltd.		994,804		19,159,736
Jasper Infotech Private Ltd., Series I, (Acquired 05/07/14, Cost: $3,948,600)^(a)(b)		848,000		1,187,200


				20,346,936

Indonesia — 2.3%
Bank Rakyat Indonesia Persero Tbk PT		47,385,900		15,304,918


Japan — 2.5%
KDDI Corp.		520,600		17,068,714


Mexico — 2.4%
Wal-Mart de Mexico SAB de CV		3,955,437		16,291,071


Portugal — 4.0%
EDP - Energias de Portugal SA		5,458,429		26,865,757


Singapore — 4.9%
DBS Group Holdings Ltd.		633,200		16,591,234
United Overseas Bank Ltd.		679,100		15,889,582


				32,480,816

Spain — 4.4%
Amadeus IT Group SA^(c)		210,632		13,694,878
Bankinter SA		2,641,739		15,478,415


				29,173,293

Switzerland — 3.8%
Logitech International SA, Registered Shares		153,921		11,441,276
Zurich Insurance Group AG		27,837		13,748,684


				25,189,960

Taiwan — 6.0%
MediaTek, Inc.		461,000		14,346,557
Taiwan Semiconductor Manufacturing Co. Ltd.		1,261,000		25,867,540


				40,214,097

United Kingdom — 28.6%
AstraZeneca PLC		227,776		30,206,036


Security	Shares		Value

United Kingdom (continued)
BAE Systems PLC		1,670,699	$	15,690,282
Diageo PLC		547,401		27,766,659
Ferguson PLC		145,059		19,652,562
Prudential PLC		1,684,063		24,862,270
Reckitt Benckiser Group PLC		369,546		28,191,152
Relx PLC		968,654		30,134,342
Taylor Wimpey PLC		8,489,569		14,457,019


				190,960,322

United States^(d)(e)— 10.0%
Baker Hughes Co.		366,826		13,356,135
Estee Lauder Cos., Inc., Class A		59,226		16,128,424
Otis Worldwide Corp.		268,552		20,665,076
Visa, Inc., Class A		76,436		16,951,212


				67,100,847


Total Long-Term Investments — 99.5% (Cost: $558,397,598)				665,137,649


Short-Term Securities

Money Market Funds — 0.7%
BlackRock Liquidity Funds, T-Fund, Institutional Class,
0.21%^(f)(g)		4,739,351		4,739,351


Total Short-Term Securities — 0.7% (Cost: $4,739,351)				4,739,351


Total Investments Before Options Written — 100.2% (Cost: $563,136,949)				669,877,000


Options Written — (1.1)% (Premiums Received: $(6,991,022))				(7,735,297	)


Total Investments, Net of Options Written — 99.1% (Cost: $556,145,927)				662,141,703

Other Assets Less Liabilities — 0.9%				6,148,038


Net Assets — 100.0%			$	668,289,741

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

^(b)	Restricted security as to resale, excluding 144A securities. The Trust held restricted securities with a current value of $1,187,200, representing 0.2% of its net assets as of period end, and an original cost of $3,948,600.

^(c)	Non-income producing security.

^(d)	All or a portion of the security has been pledged as collateral in connection with outstanding OTC derivatives.

^(e)	All or a portion of the security has been pledged and/or segregated as collateral in connection with outstanding exchange-traded options written.

^(f)	Affiliate of the Trust.

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

Investments in issuers considered to be affiliate(s) of the Trust during the period ended March 31, 2022 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows:


Description	Counterparty	Number of Contracts		Expiration Date		Exercise Price			Notional Amount (000)			Value
Call (continued)
Air Liquide SA	Goldman Sachs International		20,000		04/19/22		EUR	151.42		EUR	3,178	$	(177,023	)
BAE Systems PLC	Goldman Sachs International		182,500		04/19/22		GBP	7.65		GBP	1,309		(12,429	)
EDP-Energias De Portugal SA	Morgan Stanley & Co. International PLC		128,000		04/19/22		EUR	4.37		EUR	572		(23,476	)
Logitech International SA	Morgan Stanley & Co. International PLC		35,000		04/19/22		CHF	75.12		CHF	2,422		(10,073	)
LVMH Moet Hennessy Louis Vuitton SE	Goldman Sachs International		10,500		04/19/22		EUR	648.39		EUR	6,819		(234,064	)
MediaTek, Inc.	JPMorgan Chase Bank N.A.		86,000		04/19/22		USD	1,145.36		USD	77,830		(200	)
DBS Group Holdings Ltd.	Goldman Sachs International		142,500		04/20/22		SGD	36.77		SGD	5,106		(18,285	)
Ferguson PLC	Goldman Sachs International		15,000		04/21/22		GBP	116.52		GBP	1,557		(2,495	)
Relx PLC	Goldman Sachs International		6,000		04/21/22		EUR	28.83		EUR	169		(1,814	)
Schneider Electric SE	Goldman Sachs International		49,500		04/21/22		EUR	143.91		EUR	7,532		(534,016	)
Taylor Wimpey PLC	Goldman Sachs International		457,100		04/21/22		GBP	1.46		GBP	597		(1,496	)
United Overseas Bank Ltd.	Goldman Sachs International		75,000		04/21/22		SGD	31.06		SGD	2,402		(59,400	)
BAE Systems PLC	Goldman Sachs International		165,000		04/26/22		GBP	7.54		GBP	1,184		(11,441	)
BAE Systems PLC	Goldman Sachs International		67,900		04/26/22		GBP	7.77		GBP	487		(4,100	)
MediaTek, Inc.	JPMorgan Chase Bank N.A.		86,000		04/26/22		USD	952.20		USD	77,830		(63,432	)
Prudential PLC	Goldman Sachs International		67,000		04/26/22		GBP	10.74		GBP	760		(57,387	)
DBS Group Holdings Ltd.	Morgan Stanley & Co. International PLC		142,500		04/27/22		SGD	33.76		SGD	5,106		(185,134	)
EDP-Energias De Portugal SA	Goldman Sachs International		294,300		04/27/22		EUR	4.48		EUR	1,314		(22,109	)
Essilorluxottica SA	Goldman Sachs International		10,700		04/27/22		EUR	173.50		EUR	1,779		(21,087	)
Ferguson PLC	Goldman Sachs International		22,300		04/27/22		GBP	112.60		GBP	2,315		(16,758	)
PPR S.A.	Goldman Sachs International		11,400		04/27/22		EUR	579.71		EUR	6,563		(267,653	)
Relx PLC	Goldman Sachs International		72,000		04/27/22		EUR	25.97		EUR	2,033		(186,256	)
Taylor Wimpey PLC	Goldman Sachs International		1,115,400		04/27/22		GBP	1.50		GBP	1,458		(7,394	)
Novo Nordisk A/S, Class B	Goldman Sachs International		106,500		05/03/22		DKK	756.64		DKK	79,758		(328,649	)
Amadeus IT Group SA	Goldman Sachs International		71,600		05/04/22		EUR	61.59		EUR	4,237		(101,897	)
Amadeus IT Group SA	Goldman Sachs International		23,200		05/04/22		EUR	59.88		EUR	1,373		(48,798	)
AstraZeneca PLC	Credit Suisse International		112,900		05/04/22		GBP	101.19		GBP	11,439		(455,409	)
Bankinter SA	Royal Bank of Canada		384,000		05/04/22		EUR	5.77		EUR	2,044		(36,944	)
Diageo PLC	Credit Suisse International		155,400		05/04/22		GBP	38.47		GBP	6,004		(219,277	)
EDP - Energias de Portugal SA	Goldman Sachs International		82,500		05/04/22		EUR	4.43		EUR	368		(9,432	)
Ferguson PLC	Goldman Sachs International		19,400		05/04/22		GBP	114.35		GBP	2,014		(13,387	)
Ferguson PLC	Morgan Stanley & Co. International PLC		23,000		05/04/22		GBP	114.37		GBP	2,387		(15,806	)
Reckitt Benckiser Group PLC	Morgan Stanley & Co. International PLC		77,600		05/04/22		GBP	60.35		GBP	4,526		(47,675	)
Relx PLC	Morgan Stanley & Co. International PLC		125,000		05/04/22		EUR	28.64		EUR	3,530		(57,884	)
Taiwan Semiconductor Manufacturing Co. Ltd.	UBS AG		230,000		05/04/22		USD	595.59		USD	137,310		(142,269	)
United Overseas Bank Ltd.	UBS AG		74,000		05/04/22		SGD	32.80		SGD	2,369		(14,899	)
Logitech International SA	Goldman Sachs International		34,200		05/05/22		CHF	75.80		CHF	2,367		(22,910	)
Prudential PLC	Morgan Stanley & Co. International PLC		170,100		05/05/22		GBP	11.55		GBP	1,929		(54,299	)
Zurich Insurance Group AG	Goldman Sachs International		6,300		05/10/22		CHF	461.74		CHF	2,878		(23,313	)
Diageo PLC	Morgan Stanley & Co. International PLC		90,900		05/11/22		GBP	38.79		GBP	3,512		(124,509	)
EDP-Energias De Portugal SA	Goldman Sachs International		385,000		05/11/22		EUR	4.34		EUR	1,719		(95,496	)
BAE Systems PLC	Goldman Sachs International		236,500		05/13/22		GBP	7.34		GBP	1,697		(41,486	)
Bankinter SA	Credit Suisse International		540,600		05/13/22		EUR	5.56		EUR	2,878		(80,750	)
Relx PLC	Morgan Stanley & Co. International PLC		71,700		05/13/22		EUR	29.08		EUR	2,025		(24,668	)
Wal-Mart de Mexico SAB de CV	Citibank N.A.		1,200,900		05/13/22		MXN	82.51		MXN	98,378		(169,369	)
Taiwan Semiconductor Manufacturing Co. Ltd.	Morgan Stanley & Co. International PLC		126,000		05/17/22		USD	604.75		USD	75,222		(73,500	)
KDDI Corp.	JPMorgan Chase Bank N.A.		139,900		05/18/22		JPY	4,209.61		JPY	560,300		(24,270	)
Prudential PLC	UBS AG		169,200		05/18/22		GBP	11.20		GBP	1,919		(102,013	)
Reckitt Benckiser Group PLC	Barclays Bank PLC		51,700		05/24/22		GBP	59.63		GBP	3,015		(110,038	)
Taylor Wimpey PLC	Morgan Stanley & Co. International PLC		1,115,800		05/24/22		GBP	1.39		GBP	1,458		(55,303	)
United Overseas Bank Ltd.	Morgan Stanley & Co. International PLC		156,600		05/24/22		SGD	33.28		SGD	5,014		(57,207	)
Zurich Insurance Group AG	Goldman Sachs International		6,300		05/31/22		CHF	461.74		CHF	2,878		(33,735	)

												$	(5,930,217)

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:

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

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


Affiliated Issuer	Value at 12/31/21		Purchases at Cost		Proceeds from Sales			Net Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)		Value at 03/31/22		Shares Held at 03/31/22		Income		Capital Gain Distributions from Underlying Funds
BlackRock Liquidity Funds, T-Fund, Institutional Class	$	5,586,240	$	—	$	(846,889	)^(a)	$	—	$	—	$	4,739,351		4,739,351	$	469	$	—


Description	Number of Contracts		Expiration Date		Exercise Price			Notional Amount (000)			Value
Call
Visa, Inc., Class A		3		04/08/22		USD	225.00		USD	67	$	(636	)
Baker Hughes Co.		1,209		04/14/22		USD	28.00		USD	4,402		(1,021,605	)
Estee Lauder Cos., Inc., Class A		67		04/14/22		USD	330.00		USD	1,825		(3,015	)
Estee Lauder Cos., Inc., Class A		100		04/14/22		USD	280.00		USD	2,723		(32,500	)
Otis Worldwide Corp.		464		04/14/22		USD	84.00		USD	3,570		(2,965	)
Otis Worldwide Corp.		589		04/14/22		USD	80.00		USD	4,532		(47,120	)
Visa, Inc., Class A		66		04/14/22		USD	210.00		USD	1,464		(86,460	)
Visa, Inc., Class A		32		04/22/22		USD	220.00		USD	710		(22,480	)
Estee Lauder Cos., Inc., Class A		99		04/28/22		USD	333.00		USD	2,696		(999	)
Visa, Inc., Class A		79		05/06/22		USD	235.00		USD	1,752		(24,332	)
Baker Hughes Co.		1,035		05/20/22		USD	38.28		USD	3,768		(168,989	)
Otis Worldwide Corp.		155		05/20/22		USD	80.00		USD	1,193		(26,737	)
TELUS Corp.		1,198		05/20/22		CAD	32.00		CAD	3,913		(104,933	)
TELUS Corp.		1,740		05/20/22		CAD	34.00		CAD	5,683		(29,228	)
Visa, Inc., Class A		81		05/20/22		USD	210.00		USD	1,796		(137,497	)
TELUS Corp.		1,740		06/17/22		CAD	34.00		CAD	5,683		(44,539	)
Visa, Inc., Class A		82		06/17/22		USD	235.00		USD	1,819		(51,045	)

											$	(1,805,080)


Currency Abbreviation

CAD		Canadian Dollar

CHF		Swiss Franc

DKK		Danish Krone

EUR		Euro

GBP		British Pound

JPY		Japanese Yen

MXN		Mexican Peso

SGD		Singapore Dollar

USD		United States Dollar

Portfolio Abbreviation

SAB		Special Assessment Bonds


	Level 1			Level 2			Level 3		Total
Assets
Investments
Long-Term Investments
Common Stocks
Canada	$	27,160,717		$	—		$	—	$	27,160,717
Denmark		—			29,567,564			—		29,567,564
France		—			127,412,637			—		127,412,637
India		—			19,159,736			1,187,200		20,346,936
Indonesia		—			15,304,918			—		15,304,918
Japan		—			17,068,714			—		17,068,714
Mexico		16,291,071			—			—		16,291,071
Portugal		—			26,865,757			—		26,865,757
Singapore		—			32,480,816			—		32,480,816
Spain		—			29,173,293			—		29,173,293
Switzerland		—			25,189,960			—		25,189,960
Taiwan		—			40,214,097			—		40,214,097
United Kingdom		—			190,960,322			—		190,960,322
United States		67,100,847			—			—		67,100,847
Short-Term Securities
Money Market Funds		4,739,351			—			—		4,739,351

	$	115,291,986		$	553,397,814		$	1,187,200	$	669,877,000

Derivative Financial Instruments(a)
Liabilities
Equity Contracts	$	(1,632,127	)	$	(6,103,170	)	$	—	$	(7,735,297	)