サイエンティフィック・エクイティ・ファンド 有価証券報告書（内国投資信託受益証券） 第13期(平成30年12月21日－令和1年6月20日)

                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     【表紙】
     【提出書類】                   有価証券報告書

     【提出先】                   関東財務局長

     【提出日】                   2019年９月20日

     【計算期間】                   第13期(自　2018年12月21日　至　2019年６月20日)

     【ファンド名】                   サイエンティフィック・エクイティ・ファンド

                       （愛称：ザ・アメリカズ・ロングショート）
     【発行者名】                   ブラックロック・ジャパン株式会社

     【代表者の役職氏名】                   代表取締役会長　井澤　吉幸

     【本店の所在の場所】                   東京都千代田区丸の内一丁目８番３号

     【事務連絡者氏名】                   猪浦　純子

     【連絡場所】                   東京都千代田区丸の内一丁目８番３号

     【電話番号】                   03-6703-7940

     【縦覧に供する場所】                   該当事項はありません。

      (注)　本書において文中および表中の数字は四捨五入された数値として表示されている場合があり、従って合計とし

         て表示された数字はかかる数値の総和と必ずしも一致するとは限りません。
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     第一部【ファンド情報】

     第１【ファンドの状況】

     １【ファンドの性格】

      (1)【ファンドの目的及び基本的性格】
       ①　「サイエンティフィック・エクイティ・ファンド」（ファンドの愛称を「ザ・アメリカズ・ロングショート」
        とします。以下「当ファンド」または「ファンド」といいます。）は、市場動向に左右されない投資収益の達成
        を目標に運用を行ないます。
       ②　当ファンドは、追加型証券投資信託であり、追加型投信／海外／株式／特殊型（ロング・ショート型）に属し

        ています。下記は、一般社団法人投資信託協会の「商品分類に関する指針」に基づき当ファンドが該当する商品
        分類・属性区分を網掛け表示しています。
      ＜商品分類表＞

         単位型・追加型           投資対象地域         投資対象資産（収益の源泉）                   補足分類
        単位型投信           国内           株式              インデックス型
        追加型投信           海外           債券              特殊型
                   内外           不動産投信              （ロング・ショート型）
                              その他資産（           ）
                              資産複合
      ＜属性区分表＞

           投資対象資産          決算頻度      投資対象地域         投資形態       為替ヘッジ          特殊型
        株式             年１回      グローバル        ファミリー       あり         ブル・ベア型
        　一般             年２回      日本        ファンド       （フルヘッジ）
        　大型株             年４回      北米                        条件付運用型
        　中小型株             年６回      欧州        ファンド・
                                         なし
        債券             （隔月）      アジア        オブ・               ロング・ショー
        　一般             年12回      オセアニア        ファンズ               ト型  ／絶対収益
        　公債             （毎月）      中南米                        追求型
        　社債             日々      アフリカ
        　その他債券             その他      中近東                        その他
        　クレジット属性                  （中東）
        不動産投信                  エマージング
        その他資産
        （投資信託証券）
        資産複合
        　資産配分固定型
        　資産配分変更型
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                                                 有価証券報告書（内国投資信託受益証券）
      ＜各分類および区分の定義＞
       Ⅰ．商品分類
       単位型投信・追加型           追加型投信           一度設定されたファンドであってもその後追加設定が行なわ
       投信の区分                       れ従来の信託財産とともに運用されるファンドをいう。
       投資対象地域による           海外           目論見書又は投資信託約款において、組入資産による主たる
       区分                       投資収益が実質的に海外の資産を源泉とする旨の記載がある
                              ものをいう。
       投資対象資産による           株式           目論見書又は投資信託約款において、組入資産による主たる
       区分                       投資収益が実質的に株式を源泉とする旨の記載があるものを
                              いう。
       補足分類           特殊型           目論見書又は投資信託約款において、投資者に対して注意を
                   （ロング・ショート           喚起することが必要と思われる特殊な仕組みあるいは運用手
                   型）           法（ロング・ショート戦略）の記載があるものをいう。
       Ⅱ．属性区分

       投資対象資産による           その他資産（投資信           目論見書又は投資信託約款において、主として投資信託証券
       属性区分           託証券）           に投資する旨の記載があるものをいう。
       決算頻度による属性           年２回           目論見書又は投資信託約款において、年２回決算する旨の記
       区分                       載があるものをいう。
       投資対象地域による           北米           目論見書又は投資信託約款において、組入資産による投資収
       属性区分           中南米           益が北米地域および中南米地域の資産を源泉とする旨の記載
                              があるものをいう。
       投資形態による属性           ファミリーファンド           目論見書又は投資信託約款において、親投資信託（ファン
       区分                       ド・オブ・ファンズにのみ投資されるものを除く。）を投資
                              対象として投資するものをいう。
       為替ヘッジによる属           為替ヘッジあり           目論見書又は投資信託約款において、為替のフルヘッジ又は
       性区分           （フルヘッジ）           一部の資産に為替のヘッジを行なう旨の記載があるものをい
                              う。なお、「為替ヘッジ」とは、対円での為替リスクに対す
                              るヘッジの有無をいう。
       特殊型による属性区           ロング・ショート型           目論見書又は投資信託約款において、ロング・ショート戦略
       分                       により収益の追求を目指す旨の記載があるものをいう。
        当ファンドは、ファミリーファンド方式で運用され、かつマザーファンドはファンド・オブ・ファンズ形式で運

       用されます。このため、組入れている資産を示す属性区分上の投資対象資産（その他資産（投資信託証券））と収
       益の源泉となる資産を示す商品分類上の投資対象資産（株式）とが異なります。
        上記は、一般社団法人投資信託協会の定義を基に委託会社が作成したものを含みます。なお、上記以外の商品分

       類・属性区分の定義については、一般社団法人投資信託協会のホームページ（http://www.toushin.or.jp/）をご参
       照ください。
       ③　信託金の限度額は、600億円です。ただし、委託会社は受託会社と合意のうえ、当該限度額を変更することがで

        きます。
        
         度額を下回る段階で購入申込の受付を停止する場合があります。
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       ④　ファンドの特色　(当ファンドおよびマザーファンドの特色)
        ａ．アメリカ大陸株式（米国、カナダおよびラテンアメリカ諸国の株式）等を投資対象として、ロングショート
         （買い建て・売り建て）ポジションを構築することにより、市場動向に左右されない投資収益の達成を目標に
         運用を行ないます。
        ■ アメリカズ・ロングショート・マザーファンド受益証券への投資を通じて、主として米国、カナダおよびラテ

         ンアメリカ諸国の株式および株式関連の派生商品等に投資し、ロングショート（買い建て・売り建て）ポジ
         ションを構築する投資信託証券を実質的な主要投資対象とします。副次的な投資対象として、米国の短中期国
         債等に投資する投資信託証券にも投資を行ないます。通常、実質的な主要投資対象ファンドへの投資割合を高
         位に保ちます。
         

          が決定します。
        ■ 実質的な主要投資対象ファンドは、米国、カナダおよびラテンアメリカ諸国の中小型株を含む約4,000の幅広い

         株式を投資候補銘柄とします。また、投資にあたってはデリバティブ取引（スワップなど）を活用します。
         ※上記の投資候補銘柄数は、今後変更になる可能性あります。

         
          200～600％の範囲内とします。
         
          す。
        ■実質的な主要投資対象ファンドのロングショート戦略は、ブラックロック独自の計量モデルを活用することで

         運用を行ないます。
         㮊࢑켰윰栰漰Şɘ㐰葨⩏ꄰ湒픰䴰銊࢑콶萰橥灟༰杣䤰䠰蠰䘰栰夰謰舰渰朰夰ə➑켰湢閌읠았㄰鉭㭵⠰地

          リターン獲得を図るためのツールです。
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        ＜実質的な主要投資対象ファンドの運用プロセス＞
        ｂ．ファンドは、アメリカズ・ロングショート・マザーファンドをマザーファンドとするファミリーファンド方








         式で運用します。
          ファンドは、マザーファンドを通じて、投資信託証券を投資対象とするファンド・オブ・ファンズです。
          マザーファンドは「ＢＳＦ             ブラックロック・アメリカズ・ダイバーシファイド・エクイティ・アブソルー

                    ＊１                                   ＊２
         ト・リターン・ファンド             」と「ＩＣＳ　ブラックロック・ＩＣＳ・ＵＳトレジャリー・ファンド                                   」に投
         資します。
         ＊１　正式名称は、「ブラックロック・ストラテジック・ファンズ（ルクセンブルグ籍投資法人）　ブラック
            ロック・アメリカズ・ダイバーシファイド・エクイティ・アブソルート・リターン・ファンド　クラス
            Ｘ投資証券」です。
         ＊２　正式名称は、「インスティテューショナル・キャッシュ・シリーズｐｌｃ（アイルランド籍投資法
            人）　ブラックロック・ＩＣＳ・ＵＳトレジャリー・ファンド　エージェンシークラス投資証券」で
            す。
         ＜ファンドの仕組み＞

         ※　投資対象ファンドは、委託会社の判断により適宜見直しを行なうことがあります。




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        ｃ．実質外貨建資産については、為替ヘッジにより為替変動リスクの低減を図ることを基本とします。
          
            の為替ヘッジを行ないます。
            また、実質的な主要投資対象ファンドは現地通貨建てで投資を行なう場合があり、通常は現地通貨にか
            かる為替変動リスクは、ロングショート戦略において相殺されますが、ロングポジションとショートポ
            ジションの割合が一致しない等の場合には米ドルに対する現地通貨の為替レートの変動が、間接的に当
            ファンドの運用成果に影響を与えます。
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     (追加的記載事項）
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                                                 有価証券報告書（内国投資信託受益証券）
      (2)【ファンドの沿革】
       2012年11月30日              信託契約締結、ファンドの設定日、運用開始
       2017年３月18日              マザーファンド名称を「ブラックロック・アメリカズ・ロングショート・マザー
                    ファンド」から「アメリカズ・ロングショート・マザーファンド」に変更
      (3)【ファンドの仕組み】

                            ファンドの仕組み
       ＜契約等の概要＞












        ａ．「証券投資信託契約」
          ファンドの設定・運営に関する事項、信託財産の運用・管理に関する事項、委託会社および受託会社の業務
         に関する事項、投資者に関する事項等について規定しています。
        ｂ．「受益権の募集・販売の取扱い等に関する契約」

          委託会社が販売会社に委託する受益権の募集販売の取扱い、換金事務、投資者に対する収益分配金および換
         金代金の支払い、その他これらの業務に付随する業務等について規定しています。
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       ＜委託会社の概況＞
        2019年６月末現在の委託会社の概況は、以下のとおりです。
        ａ．資本金　　　　3,120百万円
        ｂ．沿革

        1985年１月        メリルリンチ投資顧問株式会社
                （後のメリルリンチ・インベストメント・マネジャーズ株式会社）設立
                1987年３月　証券投資顧問業者として登録
                1987年６月　投資一任業務認可を取得
                1997年12月　投資信託委託業務免許を取得
        1988年３月        バークレイズ・デズート・ウェッド投資顧問株式会社
                （後のバークレイズ・グローバル・インベスターズ株式会社）設立
                1988年６月　証券投資顧問業者として登録
                1989年１月　投資一任業務認可を取得
                1998年３月　投資信託委託業務免許を取得
        1999年４月        野村ブラックロック・アセット・マネジメント株式会社
                （後のブラックロック・ジャパン株式会社）設立
                1999年６月　証券投資顧問業者として登録
                1999年８月　投資一任業務認可を取得
        2006年10月        メリルリンチ・インベストメント・マネジャーズ株式会社を存続会社として、
                ブラックロック・ジャパン株式会社と合併
                新会社商号：「ブラックロック・ジャパン株式会社」
        2009年12月        バークレイズ・グローバル・インベスターズ株式会社を存続会社として、
                ブラックロック・ジャパン株式会社と合併
                新会社商号：「ブラックロック・ジャパン株式会社」
        ｃ．大株主の状況

                                                所有
              株主名                   住所                   所有比率
                                               株式数
        ブラックロック・ジャパン・
                         東京都千代田区丸の内一丁目８番３号                      15,000株       100％
        ホールディングス合同会社
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     ２【投資方針】
      (1)【投資方針】
       ①　アメリカズ・ロングショート・マザーファンド受益証券への投資を通じて、主として米国、カナダおよびラテ
        ンアメリカ諸国の株式および株式関連の派生商品等に投資し、ロングショート（売建および買建）ポジションを
        構築することにより市場動向に左右されない投資収益を追求する投資信託証券に投資を行ないます。副次的な投
        資対象として、短期債券等に投資する投資信託証券にも投資を行ないます。投資対象とする投資信託証券は、別
        に定めるブラックロック・グループの運用会社が運用するものとします。
       ②　実質外貨建資産については、為替ヘッジにより為替変動リスクの低減を図ることを基本とします。

       ③　資金動向、市況動向、残存信託期間等によっては、上記のような運用ができない場合もあります。

       㬰Y풊ᝏ᩹㸰漰Ɓ젰潻ⱎঀ԰湒⥶쨰鉖謰弰脰止閌잀԰湒⥶쨰鉛댰夰謰匰栰栰樰譯屗⡶萰樰䨰崰谰渰䈰譓홟

         を行ない又は行なうことがある場合、投資者の利益を害しないことを確保するため、売買執行管理規程等の社
         内規程により管理します。
      ＜参考＞　マザーファンドの運用の基本方針

                     アメリカズ・ロングショート・マザーファンド
                           －  運用の基本方針        －

     １．基本方針

       この投資信託は、市場動向に左右されない投資収益の達成を目標に運用を行ないます。
     ２．運用方法
     (１)投資対象
        主として米国、カナダおよびラテンアメリカ諸国の株式および株式関連の派生商品等に投資し、ロング・ショー
        ト（売建および買建）ポジションを構築することにより市場動向に左右されない投資収益を追求する投資信託証
        券に投資を行ないます。副次的な投資対象として、短期債券等に投資する投資信託証券にも投資を行ないます。
        投資信託証券には、国内投資信託または外国投資信託の受益証券、投資証券、または外国投資証券が含まれま
        す。
     (２)投資態度
       ①　主として米国、カナダおよびラテンアメリカ諸国の株式および株式関連の派生商品等に投資し、ロング・
         ショート（売建および買建）ポジションを構築することにより市場動向に左右されない投資収益を追求する投
         資信託証券（以下、「主要投資対象ファンド」といいます。）に投資を行ないます。副次的な投資対象とし
         て、短期債券等に投資する投資信託証券にも投資を行ないます。投資対象とする投資信託証券は、別に定める
         ブラックロック・グループの運用会社が運用するものとします。
       ②　各投資信託証券への投資割合は、原則として市況動向および各投資信託証券の収益性等を勘案して委託会社が
         決定します。通常、主要投資対象ファンドへの投資割合を高位に保ちます。
       ③　別に定める投資信託証券は、委託会社の判断により、変更することがあります。
       ④　外貨建資産については、為替ヘッジにより為替変動リスクの低減を図ることを基本とします。
       ⑤　資金動向、市場動向、残存信託期間等によっては、上記のような運用ができない場合もあります。
     (３)投資制限
       ①　投資信託証券および短期金融商品（短期運用の有価証券を含みます。）以外への直接投資は行ないません。
       ②　投資信託証券への投資割合には制限を設けません。
       ③　外貨建資産への投資割合には制限を設けません。
       ④   一般社団法人投資信託協会規則に定める一の者に係る株式等エクスポージャー、債券等エクスポージャーおよ
         びデリバティブ等エクスポージャーの信託財産の純資産総額に対する比率は、原則としてそれぞれ10％、合計
         で20％を超えないものとし、当該比率を超えることとなった場合には、同規則にしたがい当該比率以内となる
         よう調整を行ないます。
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      (2)【投資対象】
       ①　投資対象とする資産の種類
          この信託において投資の対象とする資産の種類は、次に掲げる特定資産（「特定資産」とは、投資信託及び
         投資法人に関する法律（以下「投信法」といいます。）第２条第１項で定めるものをいいます。以下同じ。）
         とします。
         ａ．有価証券
         ｂ．金銭債権
         ｃ．約束手形（手形割引市場において売買される手形に限ります。）
       ②　投資対象とする有価証券

          委託会社は、信託金を、主としてアメリカズ・ロングショート・マザーファンド受益証券のほか、次の有価
         証券（金融商品取引法第２条第２項の規定により有価証券とみなされる同項各号に掲げる権利を除きます。）
         に投資することを指図します。
         ａ．国債証券
         ｂ．地方債証券
         ｃ．特別の法律により法人の発行する債券および社債券（新株引受権証券と社債券とが一体となった新株引受
          権付社債券の新株引受権証券および短期社債券を除きます。）
         ｄ．短期社債等(社債、株式等の振替に関する法律第66条第１号に規定する短期社債、保険業法第61条の10第１
          項に規定する短期社債、資産の流動化に関する法律第２条第８項に関する特定短期社債、信用金庫法第54条
          の４第１項に規定する短期債および農林中央金庫法第62条の２第１項に規定する短期農林債をいいます。)
         ｅ．コマーシャル・ペーパー
         ｆ．外国または外国の者の発行する証券または証書で、前各号の証券または証書の性質を有するもの
         ｇ．外国法人が発行する譲渡性預金証書
          なお、ａ．からｃ．の証券を以下「公社債」といい、公社債にかかる運用の指図は買い現先取引(売戻し条件
         付の買い入れ)および債券貸借取引(現金担保付き債券借入れ)に限り行なうことができるものとします。
       ③　投資対象とする金融商品

          このファンドの設定、換金、償還、投資環境の変動等への対応等、委託会社が運用上必要と認めるときに
         は、有価証券のほか、次に掲げる金融商品（金融商品取引法第２条第２項の規定により有価証券とみなされる
         同項各号に掲げる権利を含みます。）により運用を指図することができます。
         ａ．預金
         ｂ．指定金銭信託（金融商品取引法第２条第１項第14号に規定する受益証券発行信託を除きます。）
         ｃ．コール・ローン
         ｄ．手形割引市場において売買される手形
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     マザーファンドの投資対象ファンドの概要
      (a)  ＢＳＦ    ブラックロック・アメリカズ・ダイバーシファイド・エクイティ・アブソルート・リターン・ファンド
     形態         ルクセンブルグ籍（オープン・エンド型）会社型外国投資証券（米ドル建て）
              ファンドは株式等に投資するロングショート（買い建ておよび売り建て）ポジションを構築す
              ることにより、市場動向に係わらずプラスのアブソルート・リターンの追求を目指します。
     投資目的および         ファンドの純資産の少なくとも70％を米国、カナダおよびラテンアメリカ諸国の株式もしくは
     投資態度         株式関連の派生商品等へ投資を行ないます。
              ファンドは、投資対象とする株式市場へのネットエクスポージャーを最小限にすることを目指
              して、広く分散投資を行ないます。
     設定日         2012年２月17日
     存続期間         無期限

     主な投資対象         米国、カナダおよびラテンアメリカ諸国の株式もしくは株式関連の派生商品等に投資します。

              ・同一発行体の譲渡性のある証券への投資は、原則としてファンドの純資産総額の10％以下と
               します。
     主な投資制限
              ・純資産総額の５％を超えて投資しているすべての発行体について、ファンドが保有する譲渡
               性のある証券の総額は原則として純資産総額の40％を超えないものとします。
     管理報酬         ありません。(注)
              管理業務会社、保管会社および名義書換事務代行会社への報酬等および事務諸費に要する費用
     その他費用
              についてはファンドから差し引かれます。
     決算日         年１回（原則として５月末日）に決算を行ないます。
     収益分配方針         原則として、分配を行ないません。

     申込手数料         ありません。

     管理会社         ブラックロック（ルクセンブルグ）エス・エー

     投資顧問会社         ブラックロック・インスティテューショナル・トラスト・カンパニー、エヌ．エイ．

     保管会社         ステート・ストリート・バンク・ルクセンブルグ・エス・シー・エー

     (注)　投資対象ファンドにかかる報酬相当額は、委託会社の信託報酬より支払われます。
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      (b)  ＩＣＳ　ブラックロック・ＩＣＳ・ＵＳトレジャリー・ファンド
     形態         アイルランド籍（オープン・エンド型）会社型外国投資証券（米ドル建て）
              ファンドは、流動性と元本の安定性を確保しつつ、安定的なインカム水準を追求します。
     投資目的および
              ファンドは、米国短中期国債、米国政府によって発行されるその他債務権および現先取引に投
     投資態度
              資をします。現先取引の活用により流動性を確保します。
     設定日         2008年９月29日
     存続期間         無期限

              主としてファンドは、米国短中期国債、米国政府によって発行されるその他債務権および現先
     主な投資対象
              取引を主要投資対象とします。
              ・同一発行体の譲渡性のある証券もしくは短期金融商品への投資は原則としてファンドの純資
     主な投資制限          産総額の10％以下とします。
              ・純資産総額の10％を超えて資金の借り入れは行ないません。
     管理報酬
              管理報酬、保管報酬および事務の処理に要する諸費用がファンドから差し引かれます。
     その他費用
     決算日         年１回（原則として９月30日）に決算を行ないます。

     収益分配方針         原則として、分配を行ないません。

     申込手数料         ありません。

     管理会社         ブラックロック・アセット・マネジメント・アイルランド・リミテッド

     投資顧問会社         ブラックロック・キャピタル・マネジメント・インク

     保管会社         ＪＰモルガン・バンク（アイルランド）ピー・エル・シー

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      (3)【運用体制】
       ファンドの運用・管理の各業務の役割分担を社内規程により定めております。
       ファンドの運用については委託会社の運用部門が統括しています。
       社内には内部監査を担当する部門、ファンドの運用状況やリスク状況等をモニターし、関連部署にフィードバック
      する部門、或いは投資委員会等開催により、各ファンドの投資方針等にしたがって運用が行なわれているか確認する
      組織、機能が確立しています。
       当ファンドの運用は、株式インデックス運用部（当ファンド担当：８名程度）が担当いたします。
        運用体制図

         ※　運用体制等は、変更となる場合があります。










        ブラックロック・グループ

                                    ＊
         ブラックロック・グループは、運用資産残高約6.84兆ドル                            （約737兆円）を持つ世界最大級の独立系資産運用
        グループであり、当社はその日本法人です。
         当グループは、世界各国の機関投資家および個人投資家のため、株式、債券、キャッシュ・マネジメントおよ
        びオルタナティブ商品といった様々な資産クラスの運用を行なっております。また、機関投資家向けに、リスク
        管理、投資システム・アウトソーシングおよびファイナンシャル・アドバイザリー・サービスの提供を行なって
        おります。
        ＊　2019年６月末現在。(円換算レートは１ドル＝107.74円を使用)
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      (4)【分配方針】
       ①　収益分配方針
         年２回の毎決算時（原則として６月20日および12月20日。休業日の場合は翌営業日。）に、原則として以下の
        方針に基づき、分配を行ないます。
        ａ．分配対象額の範囲
          分配対象額の範囲は、経費控除後の繰越分を含めた利子・配当等収益および売買損益（繰越欠損補填後、評
         価損益を含みます。）等の全額とします。
        ｂ．分配対象収益についての分配方針

          分配金額は、委託会社が基準価額水準、市況動向等を勘案して決定します。基準価額水準、市況動向等に
         よっては分配を行なわないことがあります。将来の分配金の支払いおよびその金額について保証するものでは
         ありません。
        ｃ．留保益の運用方針

          留保益の運用については特に制限を設けず、委託会社の判断に基づき、元本部分と同一の運用を行ないま
         す。
       ②　収益の分配

        ａ．信託財産から生じる毎計算期末における利益は、次の方法により処理するものとします。
         (a)  利子、配当金およびこれ等に類する収益から支払利息を控除した額（以下「配当等収益」といいます。）
          は、諸経費、諸費用（消費税に相当する金額および地方消費税に相当する金額（以下「消費税相当額」とい
          います。）を含みます。以下同じ。）、信託報酬（消費税等相当額を含みます。以下同じ。）を控除した
          後、その残額を投資者に分配することができます。なお、次期以降の分配に充てるため、その一部を分配準
          備積立金として積み立てることができます。
         (b)  売買損益に評価損益を加減した利益金額（以下「売買益」といいます。）は、諸経費、諸費用および信託
          報酬を控除し、繰越欠損金のあるときは、その全額を売買益をもって補てんした後、投資者に分配すること
          ができます。なお、次期以降の分配に充てるため、分配準備積立金として積み立てることができます。
        ｂ．毎計算期末において、信託財産につき生じた損失は、次期に繰り越すものとします。

       ③　収益分配金の支払い

        ａ．支払時期と支払場所
         (a)  一般コースの場合
           毎計算期間終了日後１ヵ月以内の委託会社の指定する日（原則として５営業日以内）に、毎計算期間の末
          日において振替機関等の振替口座簿に記載または記録されている投資者にお支払いを開始します。収益分配
          金は販売会社の営業所等において支払います。
         (b)  累積投資コースの場合
           累積投資契約に基づき、受託会社が委託会社の指定する預金口座等に払い込むことにより、原則として毎
          計算期間終了日の翌営業日に収益分配金が販売会社に支払われます。この場合、販売会社は投資者に対し遅
          滞なく収益分配金の再投資にかかる受益権の売り付けを行ないます。当該売り付けにより増加した受益権
          は、振替口座簿に記載または記録されます。
        ｂ．時効

          投資者が、ａ．(a)に規定する支払開始日から５年間支払い請求を行なわない場合はその権利を失い、委託会
         社が受託会社から交付を受けた金銭は委託会社に帰属します。
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      (5)【投資制限】
       以下は当ファンドの約款で定める投資制限です。
       ①　投資信託証券および短期金融商品（短期運用の有価証券を含みます。）以外への直接投資は行ないません。
       ②　投資信託証券への投資制限

         投資信託証券への実質投資割合には制限を設けません。
       ③　外貨建資産への投資制限

         外貨建資産への実質投資割合には、制限を設けません。
       ④　特別の場合の外貨建有価証券への投資制限

         外貨建有価証券への投資については、わが国の国際収支上の理由等により、特に必要と認められる場合には、
        制約されることがあります。
       ⑤　公社債の借入れ

        ａ．委託会社は、信託財産の効率的な運用に資するため、公社債の借入れの指図をすることができます。なお、
         当該公社債の借入れを行なうにあたり担保の提供が必要と認めた時は、担保の提供の指図を行なうものとしま
         す。
        ｂ．ａ．の指図は、当該借入れにかかる公社債の時価総額が信託財産の純資産総額の範囲内とします。
        ｃ．信託財産の換金等の事由により、ｂ．の借入れにかかる公社債の時価総額が信託財産の純資産総額を超える
         こととなった場合には、委託会社は速やかに、その超える額に相当する借入れた公社債の一部を返還するため
         の指図をするものとします。
        ｄ．ａ．の借入れにかかる品借料は信託財産中から支弁します。
       ⑥　外国為替予約の指図および範囲

         委託会社は、信託財産に属する外貨建資産とマザーファンドの信託財産に属する外貨建資産のうち信託財産に
        属するとみなした額（信託財産に属するマザーファンドの時価総額にマザーファンドの信託財産の純資産総額に
        占める外貨建資産の時価総額の割合を乗じて得た額をいいます。）との合計額について、当該外貨建資産の為替
        ヘッジのため、外国為替の売買の予約取引の指図をすることができます。
       ⑦　信用リスク集中回避のための投資制限

         一般社団法人投資信託協会規則に定める一の者に係る株式等エクスポージャー、債券等エクスポージャーおよ
        びデリバティブ等エクスポージャーの信託財産の純資産総額に対する比率は、原則として、それぞれ10％、合計
        で20％を超えないものとし、当該比率を超えることとなった場合には、同規則にしたがい当該比率以内となるよ
        う調整を行ないます。
       ⑧　資金の借入れ

        ａ．委託会社は、信託財産の効率的な運用ならびに運用の安定性に資するため、換金に伴う支払資金の手当て
         （換金に伴う支払資金の手当てのために借入れた資金の返済を含みます。）を目的として、または再投資にか
         かる収益分配金の支払資金の手当てを目的として、資金借入れ（コール市場を通じる場合を含みます。）の指
         図をすることができます。なお、当該借入金をもって有価証券等の運用は行なわないものとします。
        ｂ．換金に伴う支払資金の手当てにかかる借入期間は、投資者への換金代金支払開始日から信託財産で保有する
         有価証券等の売却代金の受渡日までの間または投資者への換金代金支払開始日から信託財産で保有する有価証
         券等の換金代金入金日までの間もしくは投資者への換金代金支払開始日から信託財産で保有する有価証券等の
         償還金の入金日までの期間が５営業日以内である場合の当該期間とし、資金借入額は当該有価証券等の売却ま
         たは換金代金および有価証券等の償還金の合計額を限度とします。
          ただし、資金の借入額は、借入れ指図を行なう日における信託財産の純資産総額の10％を超えないこととし
         ます。
        ｃ．収益分配金の再投資にかかる借入期間は信託財産から収益分配金が支弁される日からその翌営業日までと
         し、資金借入額は収益分配金の再投資額を限度とします。
        ｄ．借入金の利息は信託財産中より支弁します。
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                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     ３【投資リスク】
      (1)  投資リスク
        ファンドの基準価額は、組入れられている有価証券の値動きの他、為替変動による影響を受けます。これらの信
       託財産の運用により生じた損益はすべて投資者の皆様に帰属します。したがって、当ファンドは元金および元金か
       らの収益の確保が保証されているものではなく、基準価額の下落により投資者は損失を被り、元金を割り込むこと
       があります。また、投資信託は預貯金と異なります。
        当ファンドにかかる主なリスクは以下の通りです。
       ①　基準価額の変動要因

        ａ．ロングショート戦略によるリスク
          当ファンドの実質的な主要投資対象ファンドは、計量モデルを活用したロングショート戦略による運用を行
         なうことで投資収益を追求しますが、当戦略がその目的を達成できる保証はありません。ロング（買い建て）
         した銘柄の価格が下落した場合、もしくはショート（売り建て）した銘柄の価格が上昇した場合は損失が発生
         し、それに伴い当ファンドの基準価額が下落する可能性があります。またロングとショートの双方で損失した
         場合は、通常想定される以上に当ファンドの運用成果が影響を被る可能性があります。
        ｂ．株式の価格変動リスク

          当ファンドの実質的な主要投資対象ファンドは、米国、カナダおよびラテンアメリカ諸国の発行体が発行す
         る株式および株式関連の派生商品に投資を行ないます。したがって、米国、カナダおよびラテンアメリカ諸国
         の経済・市場動向または投資対象企業の経営・財務状況に応じて、株式あるいは株式関連の派生商品の価格等
         が変動し、当ファンドの運用成果に影響を与えます。
        （中小型株式投資のリスク）

          当ファンドの実質的な主要投資対象ファンドは、株式市場平均に比べ時価総額の小さな企業の株式および株
         式関連の派生商品にも投資を行ないます。これらの企業への投資は、株式市場全体の平均に比べて結果として
         より大きな値上がりもしくは値下がりとなる可能性があります。これは比較的小規模の企業は大規模の企業に
         比べ収益の変動が大きくなる傾向があることに加え、株式市場における需給関係の変動の影響を受けやすいた
         めです。
        （カントリー・リスク）

          当ファンドの実質的な主要投資対象ファンドはラテンアメリカ諸国の株式市場にも投資をします。ラテンア
         メリカ諸国のようなエマージング諸国の経済は、先進諸国に比べて不安定であり、その株式市場を取り巻く社
         会的・経済的環境はより不透明な場合が多く、エマージング諸国の政府は自国経済を規制または監督する上で
         大きな影響力を行使することがあります。したがって、主として先進国市場に投資する場合に比べて、投資先
         の国の政治・経済事情、通貨・資本規制等の要因により、より大幅に株価が変動することが考えられ、それに
         伴い当ファンドの運用成果に影響を与えます。
        ｃ．デリバティブ取引のリスク

          当ファンドの実質的な主要投資対象ファンドは、株式関連の派生商品（先物・スワップなど）に投資を行な
         います。先物・スワップなどのデリバティブ取引は、現物資産への投資に代わって投資目的を効率的に達成す
         るために用いられ、あるいは価格変動による影響を回避するために用いられますが、その目的が達成される保
         証はなく、損失が発生する可能性があります。デリバティブ取引はコストとリスクが伴い、当ファンドの運用
         成果に影響を与えます。
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                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
         （レバレッジ・リスク）
          デリバティブ取引では、一般的に想定元本に対して比較的小額の証拠金・担保金等を取引相手に差入れるこ
         とで、より大きな金額の取引を行ないます。当ファンドの実質的な主要投資対象ファンドでは、ファンドの純
         資産規模を上回る金額のデリバティブ取引を行ないます。その結果として、いわゆる「てこ（レバレッジ）の
         原理」により市場価格の変動が増幅され、大きな影響を被る可能性があります。
         （デリバティブ取引の取引先に関するリスク）

          デリバティブ取引の相手方が倒産等の事態に陥った場合は、取引契約が不履行となり、取引の清算の遅延等
         により、大きな損失を被る可能性があります。このような事態が生じた場合には当ファンドの運用成果に影響
         を与えます。
        ｄ．為替変動リスク

          当ファンドのマザーファンドは、為替変動リスクの低減を図ることを目指し、原則として外貨建資産に対し
         て為替ヘッジを行ないますが、為替変動による影響の全てを回避することはできません。また、ヘッジ対象通
         貨の金利が円金利よりも高い場合、ヘッジ・コストがかかります。
          なお、実質的な主要投資対象ファンドは現地通貨建てで投資を行なう場合があります。通常は現地通貨にか
         かる為替変動リスクは、ロングショート戦略において相殺されますが、ロングポジションとショートポジショ
         ンの割合が一致しない等の場合には米ドルに対する現地通貨の為替レートの変動が、当ファンドの運用成果に
         影響を与えます。
        ｅ．債券投資のリスク

          当ファンドの実質的な投資対象ファンドは、債券へも投資を行ないます。債券の価格は、政治、経済、社会
         情勢等の影響により金利が上昇すれば下落し、金利が低下すれば上昇します。したがって、金利の変動が当
         ファンドの運用成果に影響を与えます。また、投資した債券の発行体の財務状況により、債務不履行が生じる
         ことがあります。債務不履行が生じた場合には、債券価格が下落する等、当ファンドの運用成果に影響を与え
         ます。
       ②　ファンド運営上のリスク

        ａ．購入および換金の受付の中止・取消
          金融商品取引所等における取引の停止、外国為替取引の停止、決済機能の停止その他やむを得ない事情があ
         るときは、受益権の購入および換金の受付を中止する場合があります。また、この場合、既に受付けた受益権
         の購入および換金の受付についても取り消す場合があります。
        ｂ．ファンドの繰上償還

          当ファンドは換金により受益権の口数が20億口を下回ることとなった場合、または投資者のため有利と認め
         られる場合、その他やむを得ない事情が発生したとき等は、ファンドを償還させる場合があります。
        ｃ．法令・税制・会計等の変更

          法令・税制・会計方法等は今後変更される可能性があります。
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                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
        ｄ．収益分配金に関する留意点
          分配金は、預貯金の利息とは異なりファンドの純資産から支払われますので、分配金が支払われると、その
         金額相当分、基準価額は下がります。
          分配金は、計算期間中に発生した運用収益（経費控除後の配当等収益および評価益を含む売買益）を超えて
         支払われる場合があります。計算期間中に運用収益があった場合においても、当該運用収益を超えて分配を行
         なった場合、当期決算日の基準価額は前期決算日の基準価額と比べて下落することになります。したがって、
         分配金の水準は必ずしも計算期間におけるファンドの収益率を示すものではありません。
          投資者の個別元本の状況によっては、分配金の一部または全部が、実質的に元本の一部払戻しに相当する場
         合があります。個別元本とは、追加型投資信託を保有する投資者毎の取得元本のことで、投資者毎に異なりま
         す。
      (2)  リスクの管理体制

        委託会社ではリスク管理を重視しており、独自開発のシステムを用いてリスク管理を行なっております。具体的
       には、運用担当部門とは異なる部門においてファンドの投資リスクの計測・分析、投資制限のモニタリングなどを
       行なうことにより、ファンドの投資リスクが運用方針に合致していることを確認し、その結果を運用担当部門に
       フィードバックするほか、社内の関係者で共有しております。また、委託会社の業務に関するリスクについて社内
       規程を定めて管理を行なっております。
        その他、デリバティブ取引のリスク管理として、実質的な投資対象ファンドの投資顧問会社ではリスク管理部門
       内に取引先リスクの管理専任部署を設置、取引先の承認、財務状況のモニタリング、並びに取引先毎の取引額のモ
       ニタリングを行なっています。
        ※　リスクの管理体制は、変更となる場合があります。

                                  21/242












                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     （参考情報）
                                  22/242




















                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     ４【手数料等及び税金】
      (1)【申込手数料】
                                                           ＊
       ①　購入時の申込手数料（以下「購入時手数料」といいます。）は、購入受付日の翌営業日の基準価額に4.32％
        （税抜4.00％）を上限として、販売会社が独自に定める率を乗じて得た額とします。
         詳細は、販売会社にお問い合わせください。
         販売会社につきましては、下記にお問い合わせください。
          ブラックロック・ジャパン株式会社
          電話番号：　03-6703-4300（受付時間　営業日の９：00～17：00）
          ホームページアドレス：　www.blackrock.com/jp/
         なお、購入時手数料には消費税等相当額が含まれています（以下同じ。）。

         購入時手数料は、購入時の商品説明、販売に関する事務手続き等の役務の対価として販売会社にお支払いいた
        だくものです。
         ＊  消費税率が10％になった場合は、4.40％となります。
       ②　分配金の受取方法により、「一般コース」、「累積投資コース」の２つのコースがあります。「累積投資コー

        ス」を選択した投資者が、分配金を再投資する場合は、無手数料とします。
      (2)【換金（解約）手数料】

       ①　換金手数料
         ありません。
       ②　信託財産留保額

         ありません。
      (3)【信託報酬等】

       ①　信託報酬の総額
         計算期間を通じて毎日、信託財産の純資産総額に年2.56824％（税抜2.378％）の率を乗じて得た金額としま
        す。
         信託報酬に係る委託会社、販売会社、受託会社の間の配分および当該報酬を対価とする役務の内容は次の通り
        とします。
                    信託報酬の配分                     役務の内容

                     年1.728％          ファンドの運用、基準価額の計算、運用報告書等各種
          委託会社
                     (税抜1.60％)           書類の作成等
                     年0.810％          運用報告書等各種書類の送付、口座内でのファンドの
          販売会社
                     (税抜0.75％)           管理、購入後の情報提供等
                     年0.03024％
          受託会社                     運用財産の管理、委託会社からの指図の実行等
                    (税抜0.028％)
         ※　実質的な投資対象ファンドにかかる報酬相当額は、委託会社の信託報酬より支払われます。
                                  23/242






                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
       ＜消費税率が10％になった場合は、以下の通りとなります。＞
         計算期間を通じて毎日、信託財産の純資産総額に年2.6158％（税抜2.378％）の率を乗じて得た金額とします。
         信託報酬に係る委託会社、販売会社、受託会社の間の配分および当該報酬を対価とする役務の内容は次の通り
        とします。
                    信託報酬の配分                     役務の内容

                      年1.76％          ファンドの運用、基準価額の計算、運用報告書等各種
          委託会社
                     (税抜1.60％)           書類の作成等
                     年0.825％          運用報告書等各種書類の送付、口座内でのファンドの
          販売会社
                     (税抜0.75％)           管理、購入後の情報提供等
                     年0.0308％
          受託会社                     運用財産の管理、委託会社からの指図の実行等
                    (税抜0.028％)
         ※　実質的な投資対象ファンドにかかる報酬相当額は、委託会社の信託報酬より支払われます。
       ②　信託報酬の支払時期と支払方法等

         信託報酬は、日々計上され、毎計算期末または信託終了のとき信託財産中から支弁するものとします。
         委託会社および販売会社に対する信託報酬は、ファンドから委託会社に対して支弁されます。信託報酬の販売
        会社への配分は、ファンドから委託会社に支弁された後、委託会社より販売会社に対して支払われます。受託会
        社の報酬は、ファンドから受託会社に対して支弁されます。
      (4)【その他の手数料等】

       ①　信託財産において換金代金等の支払資金に不足が生じるときに資金借入れの指図を行なった場合はその都度、
        当該借入金の利息は信託財産中より支弁します。
       ②　信託財産に関する租税、信託事務の処理に要する諸費用および受託会社の立替えた立替金の利息（以下「諸経

        費」といいます。）は、投資者の負担とし、その都度、信託財産中から支弁します。
       ③　下記の諸費用（以下「諸費用」といいます。）および諸費用に係る消費税等相当額は、投資者の負担とし、信

        託財産中から支弁することができます。
         １．受益権の管理事務に関連する費用
         ２．有価証券届出書、有価証券報告書等法定提出書類の作成、印刷および提出に係る費用
         ３．目論見書の作成、印刷および交付に係る費用
         ４．信託約款の作成、印刷および届出に係る費用
         ５．運用報告書の作成、印刷、交付および提出に係る費用
         ６．公告に係る費用
         ７．他の信託との併合および信託約款の変更またはファンドの償還に係る事項を記載した書面の作成、印刷お
          よび交付に係る費用
         ８．この信託の監査人、法律顧問および税務顧問に対する報酬および費用
                     ＊
          委託会社は、年0.108％            （税抜0.10％）を上限とする、上記の諸費用の金額をあらかじめ合理的に見積もっ
         た上で算出する率を毎日純資産総額に対して乗じて得た額、または上記の諸費用の金額をあらかじめ合理的に
         見積もった上で算出する額を、上記の諸費用の支払の合計額とみなして、ファンドから受領することができま
         す。諸費用および諸費用に係る消費税等相当額は、日々計上され、毎計算期末または信託終了のとき信託財産
         中から支払われるものとします。
         ＊     消費税率が10％になった場合は、年0.11％となります。
                        ＊

       ④　外貨建資産の保管等に要する費用                  は、その都度、信託財産中より支弁します。
         ＊海外における保管銀行等に支払う有価証券の保管および資金の送金・資産の移転等に要する費用
       ⑤　実質的な投資対象ファンドに係る保管報酬および事務処理に要する諸費用が別途投資対象ファンドから支払わ

        れます。
      (5)【課税上の取扱い】

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        課税上は株式投資信託として取扱われます。
        日本の居住者（法人を含む。）である投資者に対する課税については、以下のような取扱いとなります。
       ①　個別元本方式について
        ａ．追加型株式投資信託について、投資者毎の信託時の受益権の価額等（購入時手数料は含まれません。）が当
         該投資者の元本（「個別元本」といいます。）にあたります。
        ｂ．投資者が同一ファンドの受益権を複数回購入した場合、個別元本は、当該投資者が追加信託を行なうつど当

         該投資者の受益権口数で加重平均することにより算出されます。
        ｃ．同一ファンドを複数の販売会社で購入する場合については各販売会社毎に、個別元本の算出が行なわれま

         す。また、同一販売会社であっても複数支店等で同一ファンドを購入する場合は当該支店等毎に個別元本の算
         出が行なわれる場合があります。
        ｄ．投資者が元本払戻金（特別分配金）を受け取った場合、収益分配金発生時にその個別元本から当該元本払戻

         金（特別分配金）を控除した額が、その後の当該投資者の個別元本となります。（「元本払戻金（特別分配
         金）」については、下記「③収益分配金の課税について」を参照。）
       ②　換金時および償還時の課税について

        ａ．個人の投資者の場合
          換金時および償還時の差益（譲渡益）が課税対象となります。
        ｂ．法人の投資者の場合

          換金時および償還時の個別元本超過額が課税対象となります。
       ③　収益分配金の課税について

         追加型株式投資信託の収益分配金には、課税扱いとなる「普通分配金」と、非課税扱いとなる「元本払戻金
        （特別分配金）」（投資者毎の元本の一部払戻しに相当する部分）の区分があります。
         投資者が収益分配金を受け取る際、①当該収益分配金落ち後の基準価額が当該投資者の個別元本と同額の場合
        または当該投資者の個別元本を上回っている場合には、当該収益分配金の全額が普通分配金となり、②当該収益
        分配金落ち後の基準価額が当該投資者の個別元本を下回っている場合には、その下回る部分の額が元本払戻金
        （特別分配金）となり、当該収益分配金から当該元本払戻金（特別分配金）を控除した額が普通分配金となりま
        す。
         なお、投資者が元本払戻金（特別分配金）を受け取った場合、収益分配金発生時にその個別元本から当該元本
        払戻金（特別分配金）を控除した額が、その後の当該投資者の個別元本となります。
       ④　個人、法人の課税の取扱いについて

        ａ．個人の投資者に対する課税
         (a)  収益分配金の課税について
           支払いを受ける収益分配金のうち、課税扱いとなる普通分配金については、配当所得として、20.315％
          （所得税15.315％、地方税５％）の税率による源泉徴収が行なわれます。原則として、申告は不要です。
           また、確定申告を行なうことにより総合課税（配当控除なし）と申告分離課税（20.315％（所得税
          15.315％、地方税５％））のいずれかを選択することができます。
         (b)  換金時および償還時の差益の課税について

           換金時および償還時の差益（換金価額および償還価額から購入費用（購入時手数料および当該購入時手数
          料にかかる消費税等相当額を含みます。）を控除した利益）は、譲渡益として課税対象（譲渡所得等）とな
          り、20.315％（所得税15.315％、地方税５％）の税率による申告分離課税が適用されます。原則として確定
          申告が必要ですが、特定口座（源泉徴収口座）の利用が可能な場合があります。
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           換金時および償還時に損失（譲渡損）が生じた場合には、確定申告することで、他の株式等の譲渡益、上
          場株式等の配当所得および特定公社債等の利子所得の金額（申告分離課税を選択したものに限ります。）と
          の損益通算ならびに３年間の繰越控除の対象とすることができます。
           また、換金時および償還時の差益（譲渡益）については、他の株式等の譲渡損と損益を相殺することがで
          きます。
         㭜ᆘ䵢閌잗床뉺๒㙞꘰ౡ᭹᫿⻿⧿㏿⇿࠰쬰ﰰ뗿रര䰰呒⥵⠰欰樰谰縰夰˿⻿⧿㏿ℰ鈰呒⥵⠰湘㑔࠰ū칞琰

          一定額の範囲で新たに購入した公募株式投資信託等から生じる配当所得および譲渡所得が一定期間非課税と
          なります。ご利用になれるのは、販売会社で非課税口座を開設するなど、一定の条件に該当する方が対象と
          なります。なお、ＮＩＳＡの口座では、特定口座や一般口座で生じた配当所得および譲渡所得との損益通算
          はできません。非課税の対象となる金額、期間等を含めて、詳しくは販売会社にお問い合わせください。
        ｂ．法人の投資者に対する課税

          法人の投資者が支払いを受ける収益分配金のうち課税扱いとなる普通分配金ならびに換金時および償還時の
         個別元本超過額については、15.315％（所得税15.315％、地方税の源泉徴収はありません。）の税率による源
         泉徴収が行なわれます。なお、当ファンドについては、法人税の課税対象となりますが、益金不算入制度の適
         用はありません。
        㭎ઊᠰ漀㈀　㄀㥞瓿ᙧࡧ⭳﹗⠰渰舰渰朰夰渰朰ź๬픰䱥㥫挰唰谰彘㑔ࡻ䤰欰漰ź๳蝻䤰䱙०唰谰識㑔࠰䰰䈰訰

         す。税金の取扱いの詳細については、税務専門家等にご確認されることをお勧めします。
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     ５【運用状況】
      以下の運用状況は2019年６月末現在のものです。
      「サイエンティフィック・エクイティ・ファンド」
      (1)【投資状況】
                資産の種類                     金額(円)            投資比率(％)

                                       685,012,310                100.06

     親投資信託受益証券
                   内　日本                    685,012,310                100.06

     コール・ローン、その他の資産(負債控除後)                                   △400,134               △0.06

     純資産総額                                  684,612,176                100.00

      (2)【投資資産】

       ①【投資有価証券の主要銘柄】
                   国／          数量     簿価単価      簿価金額      評価単価      評価金額     投資比率

     順位       銘柄           種類
                   地域          (口)      (円)      (円)      (円)      (円)     (％)
       アメリカズ・ロング
                     親投資信託
     １  ショート・マザーファン           日本         531,635,476       1.2838    682,513,625       1.2885    685,012,310      100.06
                      受益証券
       ド
      (注)　投資比率は、純資産総額に対する評価金額の比率です。
      種類別投資比率

                        種類                    投資比率(％)

                    親投資信託受益証券                         100.06

          (注)　投資比率は、純資産総額に対する評価金額の比率です。
       ②【投資不動産物件】

         該当事項はありません。
       ③【その他投資資産の主要なもの】

         該当事項はありません。
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      (3)【運用実績】
       ①【純資産の推移】
        2019年６月末現在、同日前１年以内における各月末および各計算期間末の純資産の推移は次の通りです。
                         純資産総額(円)                 １口当たりの純資産額(円)

                      (分配落)          (分配付)          (分配落)          (分配付)
     第１期(2013年６月20日)                19,281,511,354           (同左)            0.9695       (同左)
     第２期(2013年12月20日)                10,642,361,015           (同左)            0.9931       (同左)
     第３期(2014年６月20日)                6,030,840,222           (同左)            1.0008       (同左)
     第４期(2014年12月22日)                4,341,179,952           (同左)            1.0073       (同左)
     第５期(2015年６月22日)                3,128,612,293           (同左)            1.0488       (同左)
     第６期(2015年12月21日)
                      2,114,595,908           (同左)            1.0986       (同左)
     第７期(2016年６月20日)                1,597,368,206           (同左)            1.0809       (同左)
     第８期(2016年12月20日)                1,311,997,374           (同左)            1.0550       (同左)
     第９期(2017年６月20日)                1,061,399,437           (同左)            1.0647       (同左)
     第10期(2017年12月20日)                  952,031,889          (同左)            1.0795       (同左)
     第11期(2018年６月20日)                  913,434,003         （同左）             1.1225      （同左）
     第12期(2018年12月20日)                  751,568,197         （同左）             1.0690      （同左）
     第13期(2019年６月20日)                  686,156,028          (同左)            1.0844       (同左)
     2018年６月末現在                  915,009,123           ―           1.1275         ―
     2018年７月末現在                  873,947,911           ―           1.1181         ―
     2018年８月末現在                  862,343,783           ―           1.1348         ―
     2018年９月末現在                  851,527,005           ―           1.1439         ―
     2018年10月末現在                  781,773,856           ―           1.0995         ―
     2018年11月末現在                  748,416,186           ―           1.0613         ―
     2018年12月末現在                  749,821,745           ―           1.0681         ―
     2019年１月末現在                  753,215,810           ―           1.0738         ―
     2019年２月末現在                  747,701,776           ―           1.0763         ―
     2019年３月末現在                  717,694,484           ―           1.0672         ―
     2019年４月末現在                  716,443,363           ―           1.0755         ―
     2019年５月末現在                  699,405,417           ―           1.0797         ―
     2019年６月末現在                  684,612,176           ―           1.0878         ―
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       ②【分配の推移】
                                       １口当たりの分配金(円)

                 第１期                            ―

                 第２期                            ―

                 第３期                            ―

                 第４期                            ―

                 第５期                            ―

                 第６期                            ―

                 第７期                            ―

                 第８期                            ―

                 第９期                            ―

                 第10期                            ―

                 第11期                            ―

                 第12期                            ―

                 第13期                            ―

       ③【収益率の推移】

                                          収益率(％)

                 第１期                            △3.1

                 第２期                             2.4

                 第３期                             0.8

                 第４期                             0.6

                 第５期                             4.1

                 第６期                             4.7

                 第７期                            △1.6

                 第８期                            △2.4

                 第９期                             0.9

                 第10期                             1.4

                 第11期                             4.0

                 第12期                            △4.8

                 第13期                             1.4

      (注)　収益率とは、計算期間末の基準価額(分配付の額)から当該計算期間の直前の計算期間末の基準価額(分配落の
         額。以下「前期末基準価額」といいます。)を控除した額を前期末基準価額で除して得た数に100を乗じて得た
         額です。なお、第１期計算期間については、前期末基準価額を10,000円（１万口当たり）として計算していま
         す。
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      (4)【設定及び解約の実績】
                      設定数量(口)             解約数量(口)             発行済数量(口)

          第１期            25,254,364,735              5,367,125,645             19,887,239,090

          第２期              37,904,492            9,209,170,324             10,715,973,258

          第３期              133,227,514            4,823,073,585             6,026,127,187

          第４期              55,009,637            1,771,432,913             4,309,703,911

          第５期              177,376,670            1,504,138,299             2,982,942,282

          第６期              28,338,828            1,086,518,688             1,924,762,422

          第７期               1,023,297            447,975,605            1,477,810,114

          第８期                389,663           234,605,730            1,243,594,047

          第９期              18,190,212             264,860,176             996,924,083

          第10期                29,454           115,006,523             881,947,014

          第11期                286,750            68,470,123             813,763,641

          第12期                44,747           110,750,374             703,058,014

          第13期                29,737           70,350,149             632,737,602

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      (参考情報)
      「アメリカズ・ロングショート・マザーファンド」
     　(1)   投資状況
                資産の種類                     金額(円)            投資比率(％)

                                      1,296,057,667                 98.65

     投資証券　
                   内　ルクセンブルグ                   1,178,250,516                 89.69

                   内　アイルランド                    117,807,151                 8.97

     コール・ローン、その他の資産(負債控除後)                                  17,676,099                1.35

     純資産総額                                1,313,733,766                 100.00

      (注)　当ファンドは、ファミリーファンド方式による運用を行っているため、実質の運用はマザーファンドにおいて
         行っております。
     　(2)   投資資産

       ①　投資有価証券の主要銘柄
                                                        投資

                                  簿価単価      簿価金額      評価単価      評価金額
     順位        銘柄        国／地域     種類   投資口数                           比率
                                  (円)      (円)      (円)      (円)
                                                        (％)
       ブラックロック・ストラテジッ
       ク・ファンズ　ブラックロック・
       アメリカズ・ダイバーシファイ              ルクセン
     １                    投資証券     68,978   17,003.87     1,172,897,198      17,081.48     1,178,250,516      89.69
       ド・エクイティ・アブソルート・              ブルグ
       リターン・ファンド　クラスＸ投
       資証券
       インスティテューショナル・
       キャッシュ・シリーズplc　ブ
                     アイルラ
     ２  ラックロック・ＩＣＳ・ＵＳトレ                 投資証券     10,458   11,258.88      117,746,165     11,264.71      117,807,151      8.97
                      ンド
       ジャリー・ファンド　エージェン
       シークラス投資証券
      (注)　投資比率は、純資産総額に対する評価金額の比率です。
      種類別投資比率

                   種類                    投資比率(％)

                  投資証券                       98.65

          (注)　投資比率は、純資産総額に対する評価金額の比率です。
       ②　投資不動産物件

         該当事項はありません。
       ③　その他投資資産の主要なもの

         該当事項はありません。
                                  31/242






                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     （参考情報）
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                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     第２【管理及び運営】
     １【申込（販売）手続等】

      (1)  申込方法
        受益権の投資者は、販売会社と有価証券の取引に関する契約を締結します。このため、販売会社は有価証券の取
       引にかかわる約款を投資者に交付し、投資者は当該約款に基づく取引口座の設定を申込む旨の申込書を提出しま
       す。
        分配金の受取方法により、収益の分配時に分配金を受け取る「一般コース」と分配金が税引き後無手数料で再投
       資される「累積投資コース」の２つの申込方法があります。
        「累積投資コース」を選択する投資者は、当該販売会社との間で「累積投資約款」にしたがって契約を締結しま
       す。
        取扱いを行なうコースは各販売会社により異なりますので、詳細は販売会社までお問い合わせください。
        投資者は販売会社に、購入と同時にまたはあらかじめ当該投資者が受益権の振替を行なうための振替機関等の口
       座を申し出るものとし、当該口座に当該投資者に係る口数の増加の記載または記録が行なわれます。なお、販売会
       社は、当該購入の代金の支払いと引き換えに、当該口座に当該投資者に係る口数の増加の記載または記録を行なう
       ことができます。委託会社は、追加信託により分割された受益権について、振替機関等の振替口座簿への新たな記
       載または記録をするため社振法に定める事項の振替機関への通知を行なうものとします。振替機関等は、委託会社
       から振替機関への通知があった場合、社振法の規定にしたがい、その備える振替口座簿への新たな記載または記録
       を行ないます。受託会社は、信託契約締結日に生じた受益権については信託契約締結時に、追加信託により生じた
       受益権については追加信託のつど、振替機関の定める方法により、振替機関へ当該受益権に係る信託を設定した旨
       の通知を行ないます。
      (2)  申込期間

        当ファンドの購入は、申込期間における販売会社の各営業日に、販売会社の本・支店、営業所等でお受けしてい
       ます。なお、申込期間は、有価証券届出書を提出することによって更新されます。
      (3)  受付時間

        購入の受付は、申込期間中の午後３時までに受付けたものを当日のお申込みとします。ただし、受付時間は販売
       会社によって異なることがあります。詳細は販売会社にお問い合わせください。受付時間を過ぎての購入は翌営業
       日の取扱いとします。
        販売会社につきましては、下記にお問い合わせください。

         ブラックロック・ジャパン株式会社
         電話番号：　03-6703-4300（受付時間　営業日の９：00～17：00）
         ホームページアドレス：　www.blackrock.com/jp/
      (4)  購入不可日

        ルクセンブルグの銀行の休業日、12月24日、その他実質的な主要投資対象ファンドの受付不可日のいずれかに該
       当する場合は、販売会社の営業日であっても購入は受付けません。詳細は販売会社にお問い合わせください。
      (5)  購入単位

        分配金の受取方法により、収益の分配時に分配金を受け取る「一般コース」と、分配金が税引き後、無手数料で
       再投資される「累積投資コース」の２つの購入方法があります。
        取扱いを行なうコースおよび購入単位は、各販売会社により異なりますので、詳細は、販売会社にお問い合わせ
       ください。
      (6)  購入価額

        購入受付日の翌営業日の基準価額とします。なお、購入価額には、購入時手数料は含まれておりません。
                                  33/242


                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
      (7)  購入時手数料
                             ＊
       ａ．購入受付日の翌営業日の基準価額に4.32％                       （税抜4.00％）を上限として、販売会社が独自に定める率を乗じ
        て得た額とします。詳細は、販売会社にお問い合わせください。
        なお、購入時手数料には消費税等相当額が含まれています。
         ＊     消費税率が10％になった場合は、4.40％となります。
       ｂ．「累積投資コース」を選択した投資者が、分配金を再投資する場合は、無手数料となります。

      (8)  購入代金のお支払い

        ファンドの受益権の投資者は、購入の販売会社が定める日までに当ファンドの購入代金を販売会社に支払うもの
       とします。
      (9)  購入の受付の中止、既に受付けた購入の受付の取消

        金融商品取引所等における取引の停止、外国為替取引の停止、決済機能の停止その他やむを得ない事情があると
       きは、委託会社の判断により、受益権の購入の受付を中止することおよび既に受付けた購入の受付を取り消すこと
       があります。
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                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     ２【換金（解約）手続等】
      (1)  換金の申込と受付
        投資者は、自己に帰属する受益権について、委託会社に換金を申込することができます。投資者が換金の申込を
       するときは、販売会社に対し、振替受益権をもって行なうものとします。換金の申込の受付は、午後３時までと
       なっております。ただし、受付時間は販売会社によって異なることがあります。詳細は販売会社にお問い合わせく
       ださい。受付時間を過ぎての換金の申込は翌営業日のお取扱いとします。
      (2)  換金単位

        換金単位は各販売会社により異なりますので、詳細は販売会社にお問い合わせください。
      (3)  換金不可日

        ルクセンブルグの銀行の休業日、12月24日、その他実質的な主要投資対象ファンドの受付不可日のいずれかに該
       当する場合は、販売会社の営業日であっても換金の申込は受付けません。詳細は販売会社にお問い合わせくださ
       い。
      (4)  換金価額

        換金価額は、換金受付日の翌営業日の基準価額とします。なお手取額は、換金受付日の翌営業日の基準価額から
       所得税および地方税を差し引いた金額となります。
        当ファンドの換金価額等につきましては販売会社または下記に問い合わせることにより知ることができます。
         ブラックロック・ジャパン株式会社
         電話番号：　03-6703-4300（受付時間　営業日の９：00～17：00）
      (5)  換金受付の制限

        信託財産の資金管理を円滑に行なうため、大口の換金の申込には制限があります。詳細は販売会社にお問い合わ
       せください。
      (6)  換金代金の支払い

        換金代金は原則として換金受付日から起算して７営業日目から販売会社においてお支払いします。
      (7)  換金の申込の受付中止および取消

        委託会社は、金融商品取引所等における取引の停止、外国為替取引の停止、決済機能の停止その他やむを得ない
       事情があるときは、換金の申込の受付を中止することおよび既に受付けた換金の申込の受付を取り消すことができ
       ます。換金の申込の受付が中止された場合には、投資者は当該受付中止以前に行なった当日の換金の申込を撤回で
       きます。ただし、投資者がその換金の申込を撤回しない場合には、当該受付中止を解除した後の最初の基準価額の
       計算日に換金の申込を受付けたものとします。
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                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     ３【資産管理等の概要】
      (1)【資産の評価】
        基準価額とは、信託財産に属する資産（受入担保金代用有価証券および借入有価証券を除きます。）を法令およ
       び一般社団法人投資信託協会規則にしたがって時価評価して得た信託財産の資産総額から負債総額を控除した金額
       （「純資産総額」といいます。）を、計算日における受益権総口数で除した金額をいいます。なお、外貨建資産
       （外国通貨表示の有価証券（「外貨建有価証券」といいます。）、預金その他の資産をいいます。以下同じ。）の
       円換算については、原則として、わが国における計算日の対顧客電信売買相場の仲値によって計算します。また、
       予約為替の評価は、原則として、わが国における計算日の対顧客先物売買相場の仲値によるものとします。
        基準価額（１万口当り）は委託会社の営業日に毎日算出されます。投資者は、販売会社または下記に問い合わせ
       ることにより知ることができます。
        また、日々の基準価額（１万口当り）は翌日の日本経済新聞に掲載されております。ファンド名は「ザアメロ
       ン」と省略されて記載されております。
        当ファンドの主たる投資対象の評価方法は以下の通りです。
        マザーファンドの受益証券：原則として計算日の基準価額で評価するものとします。
        (参考)マザーファンドの主たる投資対象の評価方法
        投資信託証券：金融商品取引所（海外取引所を含む）に上場されているものは、当該取引所における計算日の最
               終相場（海外取引所に上場されているものについては、計算日に知りうる直近の最終相場）で評
               価します。金融商品取引所に上場されていないものは、第一種金融商品取引業者、銀行等の提示
               する価格（原則として、計算日に知りうる直近の日の純資産価格）で評価します。
        ブラックロック・ジャパン株式会社

        電話番号：　03-6703-4300（受付時間　営業日の９：00～17：00）
        ホームページアドレス：　www.blackrock.com/jp/
      (2)【保管】

        該当事項はありません。
      (3)【信託期間】

        この信託の期間は、2012年11月30日から2022年11月29日までとします。ただし、委託会社は、信託期間満了前に
       信託期間の延長が投資者に有利であると認めたときは、受託会社と協議のうえ、信託期間を延長することができま
       す。
      (4)【計算期間】

        毎年６月21日から12月20日まで、および12月21日から翌年の６月20日までとすることを原則とします。計算期間
       終了日に該当する日が休業日のときは該当日の翌営業日を計算期間の終了日とし、その翌日より次の計算期間が開
       始されるものとします。ただし、最終計算期間の終了日は、信託期間の終了日とします。
      (5)【その他】

       ①　ファンドの償還条件等
        ａ．委託会社は、信託期間中において、このファンドを償還することが投資者のため有利であると認めるとき、
         またはやむを得ない事情が発生したときは、受託会社と合意のうえ、このファンドを償還させることができま
         す。この場合において、委託会社は、あらかじめ、償還しようとする旨を監督官庁に届け出ます。
        ｂ．委託会社は換金により、受益権の口数が20億口を下回ることとなった場合には、受託会社と合意のうえ、こ

         のファンドを償還させることができます。この場合において、委託会社は、あらかじめ、償還しようとする旨
         を監督官庁に届け出ます。
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                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
        ｃ．ａ．およびｂ．の場合において、委託会社は、書面による決議（以下「書面決議」といいます。）を行ない
         ます。この場合において、あらかじめ、書面決議の日ならびにファンドの償還の理由などの事項を定め、当該
         決議の日の２週間前までに、この信託契約に係る知れている投資者に対し、書面をもってこれらの事項を記載
         した書面決議の通知を発します。
        ｄ．ｃ．の書面決議において、投資者（委託会社およびこの信託の信託財産にこの信託の受益権が属するときの

         当該受益権に係る投資者としての受託会社を除きます。以下ｄ．において同じ。）は受益権の口数に応じて、
         議決権を有し、これを行使することができます。なお、知れている投資者が議決権を行使しないときは、当該
         知れている投資者は書面決議について賛成するものとみなします。
        ｅ．ｃ．の書面決議は議決権を行使することができる投資者の議決権の３分の２以上に当たる多数をもって行な

         います。
        ｆ．ｃ．～ｅ．までの規定は、委託会社がファンドの償還について提案をした場合において、当該提案につき、

         この信託契約に係るすべての投資者が書面又は電磁的記録により同意の意思表示をしたときには適用しませ
         ん。また、信託財産の状態に照らし、真にやむを得ない事情が生じている場合であって、ｃ．～ｅ．までの手
         続を行なうことが困難な場合も同じとします。
        ｇ．委託会社は、監督官庁よりこのファンドの償還の命令を受けたときはその命令にしたがい、ファンドを償還

         させます。
        ｈ．委託会社が監督官庁より登録の取消を受けたとき、解散したときまたは業務を廃止したときは、委託会社は

         このファンドを償還させます。
        ｉ．ｈ．にかかわらず、監督官庁がこの信託契約に関する委託会社の業務を他の投資信託委託会社に引き継ぐこ

         とを命じたときは、この信託は、「②信託約款の変更ｂ．」に規定する書面決議が否決された場合を除き、当
         該投資信託委託会社と受託会社との間において存続します。
        ｊ．受託会社は、委託会社の承諾を受けてその任務を辞任することができます。受託会社がその任務に背いた場

         合、その他重要な事由が生じたときは、委託会社または投資者は、裁判所に受託会社の解任を請求することが
         できます。受託会社が辞任した場合、または裁判所が受託会社を解任した場合、委託会社は、信託約款の変更
         の規定にしたがい、新受託会社を選任します。委託会社が新受託会社を選任できないときは、委託会社はこの
         ファンドを償還させます。
       ②　信託約款の変更

        ａ．委託会社は、投資者の利益のため必要と認めるとき、またはやむを得ない事情が発生したときは、受託会社
         と合意のうえ、この信託約款を変更することまたはこの信託と他の信託との併合（投資信託及び投資法人に関
         する法律第16条第２号に規定する「委託者指図型投資信託の併合」をいいます。以下同じ。）を行なうことが
         できるものとし、あらかじめ、変更または併合しようとする旨およびその内容を監督官庁に届け出ます。な
         お、この信託約款は以下に定める以外の方法によって変更することができないものとします。
        ｂ．委託会社は、ａ．の事項（ａ．の変更事項にあっては、その内容が重大なものに該当する場合に限り、併合

         にあってはその併合が投資者の利益に及ぼす影響が軽微なものに該当する場合を除き、合わせて「重大な約款
         の変更等」といいます。）について、書面決議を行ないます。この場合において、あらかじめ、書面決議の日
         ならびに重大な約款の変更等の内容およびその理由などの事項を定め、当該決議の日の２週間前までに、この
         信託約款に係る知れている投資者に対し、書面をもってこれらの事項を記載した書面決議の通知を発します。
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                                                 有価証券報告書（内国投資信託受益証券）
        ｃ．ｂ．の書面決議において、投資者（委託会社およびこの信託の信託財産にこの信託の受益権が属するときの
         当該受益権に係る投資者としての受託会社を除きます。以下ｃ．において同じ。）は受益権の口数に応じて、
         議決権を有し、これを行使することができます。なお、知れている投資者が議決権を行使しないときは、当該
         知れている投資者は書面決議について賛成するものとみなします。
        ｄ．ｂ．の書面決議は議決権を行使することができる投資者の議決権の３分の２以上に当たる多数をもって行な

         います。
        ｅ．書面決議の効力は、この信託のすべての投資者に対してその効力を生じます。

        ｆ．ｂ．～ｅ．までの規定は、委託会社が重大な約款の変更等について提案をした場合において、当該提案につ

         き、この信託約款に係るすべての投資者が書面又は電磁的記録により同意の意思表示をしたときには適用しま
         せん。
        ｇ．ａ．～ｆ．までの規定にかかわらず、この投資信託において併合の書面決議が可決された場合にあっても、

         当該併合にかかる一又は複数の他の投資信託において当該併合の書面決議が否決された場合は、当該他の投資
         信託との併合を行なうことはできません。
        ｈ．委託会社は、監督官庁の命令に基づいてこの信託約款を変更しようとするときはａ．～ｆ．の規定にしたが

         います。
       ③　信託事務の委託

         受託会社は、当ファンドにかかる信託事務の処理の一部について資産管理サービス信託銀行株式会社と再信託
        契約を締結し、これを委託することがあります。その場合には、再信託にかかる契約書類に基づいて所定の事務
        を行ないます。
       ④　運用報告書の作成

         毎決算時および償還時に、委託会社が期間中の運用経過のほか信託財産の内容、有価証券売買状況などを記載
        した「交付運用報告書」を作成し、購入いただいた販売会社からあらかじめお申し出いただいた方法にて知れて
        いる受益者にお届けいたします。
       ⑤　関係法人との契約の更改等に関する手続

         「受益権の募集・販売の取扱い等に関する契約」の期間は１年とし、委託会社、販売会社いずれからも別段の
        意思表示のないときは、自動的に１年間延長されるものとし、自動延長後の取扱いについてもこれと同様です。
       ⑥　公告

         委託会社が投資者に対してする公告は、電子公告により行ない、次のアドレスに掲載します。
         www.blackrock.com/jp/
         但し、当該公告方法に支障がある場合には、日本経済新聞による公告を行ないます。
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                                                 有価証券報告書（内国投資信託受益証券）
     ４【受益者の権利等】
       ファンドの受益者（投資者）の有する主な権利は次の通りです。
      (1)  収益分配金受領権
        投資者は、委託会社の決定した収益分配金を、持ち分に応じて委託会社から受領する権利を有します。
        ＜一般コース＞
         毎計算期間終了日後１ヵ月以内の委託会社の指定する日（原則として５営業日以内）に、毎計算期間の末日に
        おいて振替機関等の振替口座簿に記載または記録されている投資者（当該収益分配金にかかる計算期間の末日以
        前において換金が行なわれた受益権にかかる投資者を除きます。また、当該収益分配金にかかる計算期間の末日
        以前に設定された受益権で購入代金支払前のため販売会社の名義で記載または記録されている受益権については
        原則として投資者とします。）にお支払いを開始します。
         投資者が、収益分配金について支払開始日から５年間支払い請求を行なわない場合はその権利を失い、委託会
        社が受託会社から交付を受けた金銭は委託会社に帰属します。
        ＜累積投資コース＞

         受託会社が委託会社の指定する預金口座等に払い込むことにより、原則として、毎計算期間終了日の翌営業日
        に、収益分配金が販売会社に交付されます。
         販売会社は、累積投資契約に基づき、投資者に対し遅滞なく収益分配金の再投資にかかる受益権の売付けを行
        ないます。当該売付けにより増加した受益権は、振替口座簿に記載または記録されます。
      (2)  償還金受領権

        投資者は、委託会社の決定した償還金を、持ち分に応じて委託会社から受領する権利を有します。
        償還金は、信託終了日後１ヵ月以内の委託会社の指定する日（原則として償還日から起算して５営業日以内）に
       償還日において振替機関等の振替口座簿に記載または記録されている投資者（償還日以前において換金が行なわれ
       た受益権にかかる投資者を除きます。また、当該償還日以前に設定された受益権で購入代金支払前のため販売会社
       の名義で記載または記録されている受益権については原則として投資者とします。）にお支払いを開始します。な
       お、当該投資者は、その口座が開設されている振替機関等に対して委託会社がこの信託の償還をするのと引き換え
       に、当該償還に係る受益権の口数と同口数の抹消の申請を行なうものとし、社振法の規定にしたがい当該振替機関
       等の口座において当該口数の減少の記載または記録が行なわれます。
        償還金の支払いは、販売会社において行ないます。
        投資者が、償還金について支払開始日から10年間支払いの請求を行なわない場合はその権利を失い、委託会社が
       受託会社から交付を受けた金銭は委託会社に帰属するものとします。
      (3)  受益権の換金請求権

        投資者は、自己に帰属する受益権について、委託会社に換金を請求する権利を有します。
        換金代金は、換金受付日から起算して、原則として７営業日目から投資者に支払います。
        換金の請求を行なう投資者は、その口座が開設されている振替機関等に対して当該投資者の請求に係るこの換金
       を委託会社が行なうのと引き換えに、当該換金に係る受益権の口数と同口数の抹消の申請を行なうものとし、社振
       法の規定にしたがい当該振替機関等の口座において当該口数の減少の記載または記録が行なわれます。
      (4)  反対受益者の買取請求の不適用

        当ファンドは、投資信託及び投資法人に関する法律第18条第１項に定める反対受益者による受益権の買取請求の
       規定の適用を受けません。
      (5)  帳簿書類の閲覧または謄写の請求権

        投資者は、委託会社に対し、その営業時間内に当ファンドの信託財産に関する帳簿書類の閲覧または謄写を請求
       することができます。
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                                                 有価証券報告書（内国投資信託受益証券）
     第３【ファンドの経理状況】

      (1)　当ファンドの財務諸表は、「財務諸表等の用語、様式及び作成方法に関する規則」(昭和38年大蔵省令第59号)及

      び同規則第２条の２の規定により、「投資信託財産の計算に関する規則」(平成12年総理府令第133号)に基づいて作
      成しております。
       なお、財務諸表に記載している金額は、円単位で表示しております。
      (2)　当ファンドは、金融商品取引法第193条の２第１項の規定に基づき、第13期計算期間(2018年12月21日から2019年

      ６月20日まで)の財務諸表について、ＰｗＣあらた有限責任監査法人による監査を受けております。
      (3)　当ファンドは、ファミリーファンド方式により運用を行っておりますので、参考情報として「アメリカズ・ロン

      グショート・マザーファンド」の貸借対照表、注記表及び附属明細表を記載しております。
        なお、当該参考情報は監査意見の対象外となっております。
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                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     １【財務諸表】
     【サイエンティフィック・エクイティ・ファンド】
      （１）【貸借対照表】
                                                      (単位：円)
                                    第12期              第13期
                                 (2018年12月20日現在)              (2019年６月20日現在)
      資産の部
       流動資産
                                       762,838,526              695,884,865
         親投資信託受益証券
                                         318,554             1,040,115
         未収入金
                                       763,157,080              696,924,980
       流動資産合計
                                       763,157,080              696,924,980
      資産合計
      負債の部
       流動負債
                                         318,554             1,040,115
         未払解約金
         未払受託者報酬                                127,294              109,878
                                       10,688,276               9,226,405
         未払委託者報酬
                                         454,759              392,554
         その他未払費用
                                       11,588,883              10,768,952
       流動負債合計
                                       11,588,883              10,768,952
      負債合計
      純資産の部
      元本等
                                       703,058,014              632,737,602
       元本
       剰余金
                                       48,510,183              53,418,426
         期末剰余金又は期末欠損金（△）
                                       82,973,708              74,671,512
         （分配準備積立金）
                                       751,568,197              686,156,028
       元本等合計
                                       751,568,197              686,156,028
      純資産合計
                                       763,157,080              696,924,980
      負債純資産合計
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                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
      （２）【損益及び剰余金計算書】
                                                     (単位：円)
                                    第12期              第13期
                                 (自 2018年６月21日              (自 2018年12月21日
                                　至 2018年12月20日)              　至 2019年６月20日)
      営業収益
                                      △ 30,179,032              20,270,748
       有価証券売買等損益
                                        3,997,902                  －
       その他収益
                                      △ 26,181,130              20,270,748
       営業収益合計
      営業費用
                                         127,294              109,878
       受託者報酬
                                       10,688,276               9,226,405
       委託者報酬
                                         454,759              392,554
       その他費用
                                       11,270,329               9,728,837
       営業費用合計
                                      △ 37,451,459              10,541,911
      営業利益又は営業損失（△）
                                      △ 37,451,459              10,541,911
      経常利益又は経常損失（△）
                                      △ 37,451,459              10,541,911
      当期純利益又は当期純損失（△）
      一部解約に伴う当期純利益金額の分配額又は一部解
                                         148,924              781,851
      約に伴う当期純損失金額の分配額（△）
      期首剰余金又は期首欠損金（△）                                 99,670,362              48,510,183
      剰余金増加額又は欠損金減少額                                    4,989              2,263
       当期追加信託に伴う剰余金増加額又は欠損金減
                                          4,989              2,263
       少額
                                       13,564,785               4,854,080
      剰余金減少額又は欠損金増加額
       当期一部解約に伴う剰余金減少額又は欠損金増
                                       13,564,785               4,854,080
       加額
                                           －              －
      分配金
                                       48,510,183              53,418,426
      期末剰余金又は期末欠損金（△）
                                  42/242












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                                                 有価証券報告書（内国投資信託受益証券）
     (3)【注記表】
     (重要な会計方針に係る事項に関する注記)
     １　有価証券の評価基準及び評価方法
     親投資信託受益証券は移動平均法に基づき、当該親投資信託受益証券の基準価額で時価評価しております。
     ２　収益及び費用の計上基準

     有価証券売買等損益の計上基準
     約定日基準で計上しております。
                                  43/242


















                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
      (貸借対照表に関する注記)
                            第12期                   第13期
           項目
                        (2018年12月20日現在)                   (2019年６月20日現在)
     １　当該計算期間の末日に
       おける受益権総数                         703,058,014口                   632,737,602口
     ２　１口当たり純資産額                             1.0690円                   1.0844円

     (損益及び剰余金計算書に関する注記)

                            第12期                   第13期
                         (自　2018年６月21日                   (自　2018年12月21日
           項目
                          至　2018年12月20日)                     至　2019年６月20日)
      分配金の計算過程               第12期計算期末における、費用控除後                   第13期計算期末における、費用控除後
                     の配当等収益（0円）、費用控除及び                   の配当等収益（172円）、費用控除及
                     繰越欠損金補填後の有価証券売買等損                   び繰越欠損金補填後の有価証券売買等
                     益(0円）、収益調整金（有価証券売買                   損益(0円）、収益調整金（有価証券売
                     等損益相当額）(0円）、収益調整金                   買等損益相当額）(1,055,383円）、収
                     （その他収益調整金）（1,962,754                   益調整金（その他収益調整金）
                     円）、分配準備積立金(82,973,708                   （1,769,722円）、分配準備積立金
                     円）により、分配対象収益は                   (74,671,340円）により、分配対象収
                     84,936,462円となりましたが、委託会                   益は77,496,617円となりましたが、委
                     社が基準価額水準・市況動向等を勘案                   託会社が基準価額水準・市況動向等を
                     し、当期は分配を見合わせました。                   勘案し、当期は分配を見合わせまし
                                        た。
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     (金融商品に関する注記)
     Ⅰ　金融商品の状況に関する事項
     １　金融商品に対する取組方針
     当ファンドは、投資信託及び投資法人に関する法律第２条第４項に定める証券投資信託であり、信託約款に規定する
     「運用の基本方針」に従い、有価証券等の金融商品に対して投資として運用することを目的としております。
     ２　金融商品の内容及び金融商品に係るリスク

     当ファンドが保有する金融商品の種類は、有価証券、コール・ローン等の金銭債権及び金銭債務であります。当ファン
     ドが保有する有価証券は親投資信託受益証券であります。
     当ファンドの主な投資リスクとして、「ロングショ－ト戦略によるリスク」、「株式の価格変動のリスク」、「デリバ
     ティブ取引のリスク」、「為替変動リスク」、「債券投資のリスク」等があります。
     ３　金融商品に係るリスク管理体制

     (1)  市場リスクの管理
     ブラックロックソリューション・グリーンパッケージプロダクションチームが日次で計測し、運用部、その他の関係部
     署等にレポートをイントラネットで配信しております。また、運用ガイドラインのモニタリングはポートフォリオ・コ
     ンプライアンスチームが行っており、ガイドライン等を逸脱していた場合、関係部署へ報告され、適切な調整を行いま
     す。
     (2)  信用リスクの管理
     ファンダメンタル債券運用部により、国内債券の個別信用リスク及び銘柄間の相対価値については独自の定量・定性分
     析等を行っております。外国債券銘柄等については、社内のリサーチ・データベースによりグローバル・クレジット・
     チームとの情報・分析結果を共有しております。
     (3)  取引先リスクの管理
     リスク・クオンツ分析部は当社の親会社である米国のBlackRock,                               Inc.のRQA     Counterparty       & Concentration       Riskチー
     ムと共に既存の承認済み取引先の信用悪化のモニタリングを行っており、取引先のデフォルトに対する取引先リスク、
     発行体リスクのファンドへの影響を分析しております。また、新規取引先の承認に際しては、リスク・クオンツ分析部
     が新規取引先申請の内容に問題がないかどうか確認を行い、当社の親会社である米国のBlackRock,                                                   Inc.のRQA
     Counterparty       & Concentration       Riskチームへ申請を行っております。
     また、毎月開催される投資委員会では、リスク管理・運用分析手法等について審議を行っております。

                                  45/242









                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     Ⅱ　金融商品の時価等に関する事項
                 第12期                           第13期
              (2018年12月20日現在)                           (2019年６月20日現在)
     １　貸借対照表計上額、時価及び差額                            １　貸借対照表計上額、時価及び差額
       貸借対照表上の金融商品は原則としてすべて時価で評                            同左
       価しているため、貸借対照表計上額と時価との差額は
       ありません。
     ２　時価の算定方法                            ２　時価の算定方法

       (1)  有価証券                          (1)  有価証券
       「(重要な会計方針に係る事項に関する注記)」に記載                            同左
       しております。
       (2)  コール・ローン等の金銭債権及び金銭債務                          (2)  コール・ローン等の金銭債権及び金銭債務
       これらの科目は短期間で決済されるため、時価は帳簿                            同左
       価額と近似していることから、当該帳簿価額によって
       おります。
     ３　金融商品の時価等に関する事項の補足説明                            ３　金融商品の時価等に関する事項の補足説明

       金融商品の時価には、市場価格に基づく価額のほか、                            同左
       市場価格がない場合には合理的に算定された価額が含
       まれております。当該価額の算定においては一定の前
       提条件等を採用しているため、異なる前提条件等に
       よった場合、当該価額が異なることもあります。
     ４　金銭債権の計算期間末日後の償還予定額                            ４　金銭債権の計算期間末日後の償還予定額

       金銭債権については全て１年以内に償還予定でありま                            同左
       す。
     (関連当事者との取引に関する注記)

     該当事項はありません。
                                  46/242










                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     (その他の注記)
     １　期中元本変動額
                            第12期                   第13期
           項目
                        (2018年12月20日現在)                   (2019年６月20日現在)
     期首元本額                           813,763,641円                   703,058,014円
     期中追加設定元本額                             44,747円                   29,737円

     期中一部解約元本額                           110,750,374円                    70,350,149円

     ２　有価証券関係

     第12期(2018年12月20日現在)
     売買目的有価証券
                                        当計算期間の損益に
                 種類
                                        含まれた評価差額(円)
             親投資信託受益証券                            △30,748,853
                 合計                         △30,748,853

     第13期(2019年６月20日現在)

     売買目的有価証券
                                        当計算期間の損益に
                 種類
                                        含まれた評価差額(円)
             親投資信託受益証券                             18,862,920
                 合計                         18,862,920

     ３　デリバティブ取引関係

       該当事項はありません。
                                  47/242










                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     (4)【附属明細表】
     第１　有価証券明細表
     (1)  株式
       該当事項はありません。
     (2)  株式以外の有価証券

         種類                 銘柄               券面総額       評価額（円）        備考
     親投資信託受益証券           アメリカズ・ロングショート・マザーファンド                         542,050,838        695,884,865

     親投資信託受益証券　合計                                   542,050,838        695,884,865

     合計                                   542,050,838        695,884,865

     (注)　親投資信託受益証券における券面総額欄の数値は、口数を表示しております。
     第２　信用取引契約残高明細表

        該当事項はありません。
     第３　デリバティブ取引及び為替予約取引の契約額等及び時価の状況表

        該当事項はありません。
                                  48/242













                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     (参考情報)
      当ファンドは、「アメリカズ・ロングショート・マザーファンド」受益証券を主要投資対象としており、貸借対照表
     の資産の部に計上された親投資信託受益証券は、すべて同マザーファンドの受益証券であります。同マザーファンドの
     2019年６月20日現在(以下「計算日」という)の状況は次の通りであります。
      なお、以下に記載した情報は監査意見の対象外であります。
                   「アメリカズ・ロングショート・マザーファンド」の状況

         (1)  貸借対照表

                                     (2019年６月20日現在)
                   項目
                                        金額(円)
         資産の部

          流動資産
          　金銭信託                                    16,955,093
          　投資証券                                   1,290,643,363
          　派生商品評価勘定                                     8,001,913
          流動資産合計                                   1,315,600,369
         資産合計                                    1,315,600,369
         負債の部
          流動負債
           未払解約金                                    1,040,115
          流動負債合計                                     1,040,115
         負債合計                                      1,040,115
         純資産の部
         元本等
          元本                                   1,023,955,248
          剰余金
           剰余金又は欠損金（△）                                   290,605,006
          元本等合計                                   1,314,560,254
         純資産合計                                    1,314,560,254
         負債純資産合計                                    1,315,600,369
           (注)親投資信託の計算期間は、原則として、毎年６月21日から翌年６月20日までであります。
                                  49/242






                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     (2)  注記表
     (重要な会計方針に係る事項に関する注記)
     １　有価証券の評価基準及び評価方法
     投資証券は移動平均法に基づき、原則として以下の通り時価評価しております。
     (1)  金融商品取引所等に上場されている有価証券
     金融商品取引所等に上場されている有価証券は、原則として当該取引所等における計算日において知りうる直近の最終
     相場で評価しております。
     (2)  金融商品取引所等に上場されていない有価証券
     当該有価証券については、原則として、金融機関の提示する価額又は価格情報会社の提供する価額のいずれかから入手
     した価額で評価しております。
     (3)  時価が入手できなかった有価証券
     適正な評価額を入手できなかった場合又は入手した評価額が時価と認定できない事由が認められた場合は、委託会社が
     忠実義務に基づいて合理的事由をもって時価と認めた価額もしくは受託者と協議のうえ両者が合理的事由をもって時価
     と認めた価額で評価しております。
     ２　デリバティブの評価基準及び評価方法

     為替予約取引
     個別法に基づき、原則としてわが国における計算日の対顧客先物売買相場の仲値で評価しております。
     ３　外貨建資産・負債の本邦通貨への換算基準

     外貨建資産・負債の円換算については原則として、わが国における計算日の対顧客電信売買相場の仲値によって計算し
     ております。
     ４　その他財務諸表作成のための基本となる重要な事項　

     外貨建資産等の会計処理
     外貨建資産等については、「投資信託財産の計算に関する規則」(平成12年総理府令第133号)第60条の規定に基づき、通
     貨の種類ごとに勘定を設けて、邦貨建資産等と区分する方法を採用しております。従って、外貨の売買については、同
     規則第61条の規定により処理し、為替差損益を算定しております。
                                  50/242










                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     (貸借対照表に関する注記)
             項目               (2019年６月20日現在)
     １　当該計算日における受益権総数                             1,023,955,248口

     ２　１口当たり純資産額                                1.2838円

                                  51/242



















                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     (金融商品に関する注記)
     Ⅰ　金融商品の状況に関する事項
     １　金融商品に対する取組方針
     当ファンドは、投資信託及び投資法人に関する法律第２条第４項に定める証券投資信託であり、信託約款に規定する
     「運用の基本方針」に従い、有価証券等の金融商品に対して投資として運用することを目的としております。
     ２　金融商品の内容及び金融商品に係るリスク

     当ファンドが保有する金融商品の種類は、有価証券、デリバティブ取引、コール・ローン等の金銭債権及び金銭債務で
     あります。当ファンドが保有する有価証券は投資証券であります。
     当ファンドの主な投資リスクとして、「ロングショ－ト戦略によるリスク」、「株式の価格変動のリスク」、「デリバ
     ティブ取引のリスク」、「為替変動リスク」、「債券投資のリスク」等があります。
     当ファンドの利用しているデリバティブ取引は、為替予約取引であります。為替予約取引は、外貨建資産の時価総額の
     為替変動リスクの低減を目的としており、投機を目的とする為替予約は行わない方針であります。為替予約取引に係る
     主要なリスクは、為替相場の変動による価格変動リスク及び取引相手の信用状況の変化により損失が発生する信用リス
     クであります。
     ３　金融商品に係るリスク管理体制

     (1)  市場リスクの管理
     ブラックロックソリューション・グリーンパッケージプロダクションチームが日次で計測し、運用部、その他の関係部
     署等にレポートをイントラネットで配信しております。また、運用ガイドラインのモニタリングはポートフォリオ・コ
     ンプライアンスチームが行っており、ガイドライン等を逸脱していた場合、関係部署へ報告され、適切な調整を行いま
     す。
     (2)  信用リスクの管理
     ファンダメンタル債券運用部により、国内債券の個別信用リスク及び銘柄間の相対価値については独自の定量・定性分
     析等を行っております。外国債券銘柄等については、社内のリサーチ・データベースによりグローバル・クレジット・
     チームとの情報・分析結果を共有しております。
     (3)  取引先リスクの管理
     リスク・クオンツ分析部は当社の親会社である米国のBlackRock,                               Inc.のRQA     Counterparty       & Concentration       Riskチー
     ムと共に既存の承認済み取引先の信用悪化のモニタリングを行っており、取引先のデフォルトに対する取引先リスク、
     発行体リスクのファンドへの影響を分析しております。また、新規取引先の承認に際しては、リスク・クオンツ分析部
     が新規取引先申請の内容に問題がないかどうか確認を行い、当社の親会社である米国のBlackRock,                                                   Inc.のRQA
     Counterparty       & Concentration       Riskチームへ申請を行っております。
     また、毎月開催される投資委員会では、リスク管理・運用分析手法等について審議を行っております。

                                  52/242








                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     Ⅱ　金融商品の時価等に関する事項
                      (2019年６月20日現在)
     １　貸借対照表計上額、時価及び差額
       貸借対照表上の金融商品は原則としてすべて時価で評価しているため、貸借対照表計上
       額と時価との差額はありません。
     ２　時価の算定方法

       (1)  有価証券
       「(重要な会計方針に係る事項に関する注記)」に記載しております。
       (2)  デリバティブ取引
       デリバティブ取引については、「(その他の注記)」の「３　デリバティブ取引関係」に
       記載しております。
       (3)  コール・ローン等の金銭債権及び金銭債務
       これらの科目は短期間で決済されるため、時価は帳簿価額と近似していることから、当
       該帳簿価額によっております。
     ３　金融商品の時価等に関する事項の補足説明

       金融商品の時価には、市場価格に基づく価額のほか、市場価格がない場合には合理的に
       算定された価額が含まれております。当該価額の算定においては一定の前提条件等を採
       用しているため、異なる前提条件等によった場合、当該価額が異なることもあります。
       また、デリバティブ取引に関する契約額等は、あくまでもデリバティブ取引における名
       目的な契約額又は計算上の想定元本であり、当該金額自体がデリバティブ取引のリスク
       の大きさを示すものではありません。
     ４　金銭債権の計算日後の償還予定額

       金銭債権はすべて１年以内に償還予定であります。
     (関連当事者との取引に関する注記)

     該当事項はありません。
                                  53/242










                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     (その他の注記)
     １　本報告書における開示対象ファンドの当該計算期間における当該親投資信託の
     元本額の変動及び計算日における元本の内訳
                      (2019年６月20日現在)
     同計算期間の期首元本額                                    1,044,067,116円

     同計算期間中の追加設定元本額                                     107,175,857円

     同計算期間中の一部解約元本額                                     127,287,725円

     同計算期間末日の元本額※                                    1,023,955,248円

      ※当該親投資信託受益証券を投資対象とする投資信託の元本額は次の通りです。

     サイエンティフィック・エクイティ・ファンド                                     542,050,838円

     ブラックロック・アメリカ大陸ロング・ショート・ファンド（ダイワ投
                                          481,904,410円
     資一任専用）
     合計                                    1,023,955,248円
     ２　有価証券関係

     売買目的有価証券
                           （2019年６月20日現在）
         種類
                            当計算期間の損益に
                           含まれた評価差額（円）
        投資証券                     22,102,198
         合計                    22,102,198

     （注）「当計算期間の損益に含まれた評価差額」の欄には、当該親投資信託の期首から計算日までの
     評価差額を記載しております。
                                  54/242









                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     ３　デリバティブ取引関係
     取引の時価等に関する事項
     通貨関連
                                    （2019年６月20日現在）
                              契約額等(円)

         区分          種類
                                            時価(円)       評価損益(円)
                                   うち１年超
                                    (円)
                為替予約取引
     市場取引以外の取引
                　売建
                　アメリカドル          1,299,727,453              －   1,291,725,540           8,001,913
              合計            1,299,727,453              －   1,291,725,540           8,001,913
     (注１)　時価の算定方法
         為替予約取引
         １　計算日に対顧客先物相場の仲値が発表されている外貨については、以下のように評価しております。
         ①  計算日において為替予約の受渡日(以下「当該日」という）の対顧客先物相場が発表されている場合は、当
           該為替予約は当該仲値で評価しております。
         ②  計算日において当該日の対顧客先物相場が発表されていない場合は、以下の方法によっております。
           ・計算日に当該日を超える対顧客先物相場が発表されている場合には、発表されている先物相場のうち当
            該日に最も近い前後二つの先物相場の仲値をもとに計算したレートを用いております。 
           ・計算日に当該日を超える対顧客先物相場が発表されていない場合には、当該日に最も近い発表されてい
            る対顧客先物相場の仲値を用いております。
         ２　計算日に対顧客先物相場の仲値が発表されていない外貨については、計算日の対顧客相場の仲値で評価し
           ております。
     (注２)　上記取引で、ヘッジ会計が適用されているものはありません。
                                  55/242












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                                                 有価証券報告書（内国投資信託受益証券）
     (3)  附属明細表
     第１　有価証券明細表
     (1)  株式
       該当事項はありません。
     (2)  株式以外の有価証券

      種類       通貨               銘柄              券面総額        評価額      備考
                   ブラックロック・ストラテジック・ファンズ　
                   ブラックロック・アメリカズ・ダイバーシファ
                                          68,978.240       10,881,317.360
                   イド・エクイティ・アブソルート・リターン・
                   ファンド　クラスＸ投資証券
           アメリカドル
                   インスティテューショナル・キャッシュ・シ
     投資証券
                   リーズplc     ブラックロック・ＩＣＳ・ＵＳトレ
                                          10,458.070       1,092,366.320
                   ジャリー・ファンド　エージェンシークラス投
                   資証券
                                                 11,973,683.680
           アメリカドル　小計                               79,436.310
                                                (1,290,643,363)
                                                 1,290,643,363
     投資証券　合計
                                                (1,290,643,363)
                                                 1,290,643,363
     合計
                                                (1,290,643,363)
      (注1)投資証券における券面総額欄の数値は、口数を表示しております。
      (注2)   １　各種通貨毎の小計の欄における(　)内の金額は、邦貨換算額であります。
         ２　合計欄における(　)内の金額は、外貨建有価証券の邦貨換算額の合計額であり、内数で表示しておりま
          す。
         ３　外貨建有価証券の内訳
          通貨            銘柄数         組入投資証券時価比率             合計金額に対する比率
       アメリカドル           投資証券　２銘柄                    100.0％             100.0％

     第２　信用取引契約残高明細表

        該当事項はありません。
     第３　デリバティブ取引及び為替予約取引の契約額等及び時価の状況表

        当該事項はデリバティブ取引関係の注記事項として記載しております。
                                  56/242








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                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     （参考情報）
      当ファンドは、「ブラックロック・ストラテジック・ファンズ                              ブラックロック・アメリカズ・ダイバーシファイド・

     エクイティ・アブソルート・リターン・ファンド　クラスＸ投資証券」及び「インスティテューショナル・キャッ
     シュ・シリーズplc         ブラックロック・ＩＣＳ・ＵＳトレジャリー・ファンド　エージェンシークラス投資証券」(以下、
     両者を併せて「同ファンド」という。)を主要投資対象としており、貸借対照表の資産の部に計上された投資証券は、す
     べて同ファンドの投資証券であります。同ファンドの状況は以下のとおりであります。
      なお、以下に記載した情報は監査意見の対象外です。
     同ファンドの状況

     （1）「ブラックロック・ストラテジック・ファンズ                          ブラックロック・アメリカズ・ダイバーシファイド・エクイ

     ティ・アブソルート・リターン・ファンド　クラスＸ投資証券」は、ルクセンブルグにおいて設立されたオープンエ
     ンド型投資法人が発行するファンドであり、当該ファンドの現時点で日本語に翻訳された直近の情報は、2018年11月
     30日に終了する中間計算期間(2018年６月１日から2018年11月30日まで)に係る中間財務書類であります。
      当該中間財務書類は、当該ファンドを含む「ブラックロック・ストラテジック・ファンズ」の2018年11月30日現

     在の中間財務書類のうち、当該ファンドにかかる部分を、委託会社において抜粋し、その原文を翻訳したもので
     す。なお、中間財務書類に含まれる「投資有価証券明細表」の銘柄については原文通り英語表記で行っておりま
     す。なお、ルクセンブルグにおける独立監査人の監査を受けておりません。
     （2）「インスティテューショナル・キャッシュ・シリーズplc                              ブラックロック・ＩＣＳ・ＵＳトレジャリー・ファン

     ド　エージェンシークラス投資証券」は、アイルランドにおいて設立されたオープンエンド型投資法人が発行する
     ファンドであり、当該ファンドの現時点で日本語に翻訳された直近の情報は、2018年９月30日に終了する計算期間
     (2017年10月１日から2018年９月30日まで)に係る財務書類であります。
      当該財務書類は、当該ファンドを含む「インスティテューショナル・キャッシュ・シリーズplc」の2018年９月30

     日現在の財務書類のうち、当該ファンドにかかる部分を、委託会社において抜粋し、その原文を翻訳したもので
     す。なお、財務書類に含まれる「投資有価証券明細表」の銘柄については原文通り英語表記で行っております。
     なお、「インスティテューショナル・キャッシュ・シリーズplc                              インスティテューショナル・ＵＳトレジャリー・ファ

     ンド　エージェンシークラス投資証券」は、2019年１月14日付で「インスティテューショナル・キャッシュ・シリーズ
     plc  ブラックロック・ＩＣＳ・ＵＳトレジャリー・ファンド　エージェンシークラス投資証券」へ名称変更いたしまし
     た。
                                  57/242








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                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     純資産計算書　2018年11月30日現在（未監査）
                                               ブラックロック・アメリカ
                                               ズ・ダイバーシファイド・
                                               エクイティ・アブソルー
                                               ト・リターン・ファンド
                                        注記
                                                    米ドル
     資産

     投資有価証券－取得原価                                                1,167,591,161
                                                       (226,580)
     未実現評価損
     投資有価証券－時価                                   ２(a)
                                                    1,167,364,581
     銀行預金                                   ２(a)              57,496,963
     ブローカーに対する債権                                    14             52,450,777

                                      ２(a)   、２(d)
     未収利息および未収配当金                                                   785,659
                                      ２(a)   、２(d)
     売却投資有価証券未収金                                                 384,309,378
     販売投資証券未収金                                   ２(a)              1,939,300
                                                       584,747
     スワップの時価                                   ２(d)
     資産合計                                                1,664,931,405

     負債
                                      ２(a)   、２(d)
     未払利息および未払配当金                                                  5,088,160
                                      ２(a)   、２(d)
     購入投資有価証券未払金                                                 460,210,645
     買戻し投資証券未払金                                   ２(a)              16,808,492
     以下に係る未実現純評価損：

      未決済先渡為替予約                                  ２(d)              2,383,759
      差金決済契約                                  ２(d)              35,355,579
                                      ４、５、６、
                                                      12,366,776
     未払費用およびその他の負債
                                        ７、８
     負債合計                                                 532,213,411
     純資産合計                                                1,132,717,994
     添付の注記は、これらの財務書類の不可分の一部である。

                                  58/242







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                                                 有価証券報告書（内国投資信託受益証券）
     ３会計年度末および当中間会計期間末における純資産価額の概要　2018年11月30日現在（未監査）
                           ブラックロック・アメリカズ・ダイバーシファイド・
                            エクイティ・アブソルート・リターン・ファンド
                              2018年        2018年        2017年        2016年
                      通貨
                            11月30日現在        ５月31日現在        ５月31日現在        ５月31日現在
     純資産合計                 米ドル      1,132,717,994         934,604,752        664,750,490        620,900,487
     以下の１口当たり純資産価額：

      クラスＡ無分配投資証券                米ドル          126.05        134.30        125.91        124.09

      クラスＡ無分配投資証券（豪
                      豪ドル          174.18        178.46        170.57        172.06
      ドル）
      クラスＡユーロ・ヘッジ無分
                      ユーロ          118.99        128.43        122.99        123.05
      配投資証券
      クラスＡスウェーデン・ク
                     スウェーデ
      ローネ・ヘッジ無分配投資証                          120.44        129.93        124.73        125.06
                    ン・クローネ
      券
      クラスＡ無分配英国報告型投
                     英ポンド          157.03        160.17        155.06        134.72
      資証券（英ポンド）
      クラスＤ無分配投資証券                米ドル          107.25        113.90        106.35        104.46
      クラスＤスイス・フラン・              スイス・フラ
                                99.29        107.08        102.39        102.32
      ヘッジ無分配投資証券                 ン
      クラスＤ英ポンド・ヘッジ無
                     英ポンド          105.98        113.49        107.32        105.96
      分配投資証券
      クラスＤユーロ・ヘッジ無分
                      ユーロ          121.97        131.30        125.28        124.57
      配英国報告型投資証券
      クラスＥユーロ・ヘッジ無分
                      ユーロ          96.49        104.40        100.37        101.01
      配投資証券
      クラスＩ無分配投資証券                米ドル          101.30        107.42          －        －
      クラスＩユーロ・ヘッジ無分
                      ユーロ          99.01        106.44        101.34         10.01
      配投資証券
      クラスＩ日本円・ヘッジ無分
                      日本円         9,514.91        10,209.24            －        －
      配投資証券
      クラスＩスウェーデン・ク
                     スウェーデ
      ローネ・ヘッジ無分配投資証
                                91.27          －        －        －
                    ン・クローネ
       (1)
      券
                                147.78        155.83        141.86        137.11
      クラスＸ無分配投資証券                米ドル
     (1)

      　新規投資証券クラスの設定。詳細についてはAppendix                          Ｉを参照のこと。
     添付の注記は、これらの財務書類の不可分の一部である。

                                  59/242








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                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     損益および純資産変動計算書　2018年11月30日に終了した会計期間（未監査）
                                            ブラックロック・アメリカズ・
                                            ダイバーシファイド・エクイ
                                            ティ・アブソルート・リター
                                                ン・ファンド
                                     注記
                                                 米ドル
     期首純資産
                                                    934,604,752
     収益
     預金利息                                ２(c)                3,013,935
     債券利息                                ２(c)                10,041,840
     スワップに係る受取利息および受取配当金                                ２(c)                 232,281
     差金決済契約に係る受取配当金、源泉徴収税控除後                                ２(d)                32,995,235
                                                      278,869
     その他の収益
     収益合計                                                46,562,160
     費用
     差金決済契約に係る支払利息                                ２(d)                15,105,786
     差金決済契約に係る支払配当金、源泉徴収税控除後                                ２(d)                39,404,873
     管理事務代行報酬                                 ５               1,211,741
     預託報酬                               ２(i)、６                  490,866
     税金                                 ８                201,970
     パフォーマンス・フィー                                 ７                182,333
     販売報酬                                 ４                 74,283
     ローン・コミットメント・フィー                                 13                 3,645
                                                     6,747,320
     投資運用報酬および外部の副投資顧問会社に対する報酬                                 ４
     費用合計                                                63,422,817
     投資純損失
                                                    (16,860,657)
     以下に係る実現純利益／（損失）：
     　投資有価証券                               ２(a)、２(b)                  1,425,479
     　差金決済契約                                ２(d)               (19,703,758)
                                     ２(d)、
     　外貨および先渡為替予約                                                (45,990,680)
                                   ２(e)、２(j)
                                                     2,190,958
     　スワップ取引                                ２(d)
     当期実現純損失                                               (62,078,001)
     以下に係る未実現評価益／（損）の純変動額：
     　投資有価証券                                ２(a)                 (290,427)
     　差金決済契約                                ２(d)               (37,869,448)
                                     ２(d)、
     　外貨および先渡為替予約                                                7,343,989
                                   ２(e)、２(j)
                                                      (461,376)
     　スワップ取引                                ２(d)
     当期未実現評価益／（損）の純変動                                               (31,277,262)
     運用成績による純資産の減少                                               (110,215,920)
     資本の変動
     投資証券発行による正味受取額                                               728,370,701
                                                    (420,041,539)
     投資証券買戻しによる正味支払額
     資本の変動による純資産の増加                                               308,329,162
     期末純資産                                              1,132,717,994
     添付の注記は、これらの財務書類の不可分の一部である。
                                  60/242



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                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     発行済投資証券口数変動表　2018年11月30日現在（未監査）
                           ブラックロック・アメリカズ・ダイバーシファイド・エクイティ・
                                  アブソルート・リターン・ファンド
                           期首発行済         当期発行        当期買戻し         期末発行済
                          投資証券口数         投資証券口数         投資証券口数         投資証券口数
      クラスＡ無分配投資証券

                             193,966         423,242         139,610         477,598
      クラスＡ無分配投資証券（豪ドル）                         352         －         －        352

      クラスＡユーロ・ヘッジ無分配投資証券                      1,332,257          986,560         383,623        1,935,194

      クラスＡスウェーデン・クローネ・ヘッジ
                            9,962,052         1,472,182         1,165,448        10,268,786
      無分配投資証券
      クラスＡ無分配英国報告型投資証券（英ポ
                                94         29         －        123
      ンド）
      クラスＤ無分配投資証券                      1,101,963          837,036        1,158,557          780,442
      クラスＤスイス・フラン・ヘッジ無分配投
                             41,963         6,017         4,911        43,069
      資証券
      クラスＤ英ポンド・ヘッジ無分配投資証券                        1,705          －         75       1,630
      クラスＤユーロ・ヘッジ無分配英国報告型
                            1,193,411          718,535         587,929        1,324,017
      投資証券
      クラスＥユーロ・ヘッジ無分配投資証券                       169,200         185,495         29,876        324,819
                 (1)
                             313,984        1,748,204          664,124        1,398,064
      クラスＩ無分配投資証券
      クラスＩユーロ・ヘッジ無分配投資証券                       596,551         352,275         304,251         644,575

      クラスＩ日本円・ヘッジ無分配投資証券                      1,143,554          304,100         43,000       1,404,654

      クラスＩスウェーデン・クローネ・ヘッジ
                                －     1,915,301            －     1,915,301
             (1)
      無分配投資証券
                             101,035          9,952         7,450        103,537
      クラスＸ無分配投資証券
     (1)

      　新規投資証券クラスの設定。詳細についてはAppendix                          Ｉを参照のこと。
     添付の注記は、これらの財務書類の不可分の一部である。

                                  61/242









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                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     ブラックロック・アメリカズ・ダイバーシファイド・エクイティ・アブソルート・リターン・ファンド
     投資有価証券明細表　2018年11月30日現在（未監査）

     公認の証券取引所に上場されているまたはその他の規制市場で取引されている譲渡可能な有価証券および短期金融商
     品
                                               時価      純資産比率
        保有高                    銘柄
                                             （米ドル）        （％）
     普通株式
              米国
          16,313    GreenSky     Inc   ‘A’                          150,569        0.01
                                                150,569        0.01
     普通株式合計                                          150,569        0.01
     債券

              米国
               Federal    Home   Loan   Banks   1.375%    18/3/2019
     USD   2,500,000                                      2,492,325         0.22
               United    States    Treasury     Bill   18/12/2018      (Zero   Coupon)
     USD   8,000,000                                      7,991,740         0.71
               United    States    Treasury     Bill   20/12/2018      (Zero   Coupon)
     USD   27,000,000                                      26,969,633          2.38
               United    States    Treasury     Bill   26/12/2018      (Zero   Coupon)
     USD   50,000,000                                      49,921,493          4.41
               United    States    Treasury     Bill   22/1/2019     (Zero   Coupon)
     USD   53,000,000                                      52,823,310          4.66
               United    States    Treasury     Bill   31/1/2019     (Zero   Coupon)
                                              49,805,774          4.40
     USD   50,000,000
                                              190,004,275          16.78
     債券合計                                        190,004,275          16.78
     譲渡性預金証書

              カナダ
               Bank   of  Montreal     2.516%    7/5/2019
     USD   10,000,000                                      10,000,000          0.88
               Royal   Bank   of  Canada/New      York   3.07%   27/11/2019
     USD   3,300,000                                      3,300,000         0.29
               Toronto-Dominion         Bank/New     York   2.62%   14/6/2019
     USD   7,000,000                                      7,000,000         0.62
               Toronto-Dominion         Bank/New     York   2.73%   7/8/2019             3,000,000         0.27
     USD   3,000,000
                                              23,300,000          2.06
              日本
               Mizuho    Bank   Ltd/New    York   2.45%   31/1/2019
     USD   15,150,000                                      15,150,000          1.34
               Mizuho    Bank   Ltd/New    York   2.508%    9/4/2019
     USD   30,000,000                                      30,000,000          2.65
               Norinchukin      Bank/New     York   2.30%   12/12/2018
     USD   6,500,000                                      6,500,000         0.57
               Sumitomo     Mitsui    Banking    Corp/New     York   2.51%   1/3/2019
     USD   13,000,000                                      12,999,994          1.15
               Sumitomo     Mitsui    Banking    Corp/New     York   2.75%   4/3/2019         14,000,000          1.23
     USD   14,000,000
                                              78,649,994          6.94
              米国
               Citibank     NA/New    York   2.70%   21/2/2019
     USD   10,000,000                                      10,000,000          0.88
               Wells   Fargo   Bank   NA  2.658%    5/4/2019
     USD   4,000,000                                      4,000,000         0.35
               Wells   Fargo   Bank   NA  3.08%   1/11/2019                   8,000,000         0.71
     USD   8,000,000
                                              22,000,000          1.94
     譲渡性預金証書合計                                        123,949,994          10.94
     コマーシャル・ペーパー

              オーストラリア
               Westpac    Banking    Corp   1/11/2019     (Zero   Coupon)
                                               6,026,340         0.53
     USD   6,200,000
                                               6,026,340         0.53
                                  62/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     公認の証券取引所に上場されているまたはその他の規制市場で取引されている譲渡可能な有価証券および短期金融商
     品（続き）
                                               時価      純資産比率
        保有高                    銘柄
                                             （米ドル）        （％）
              カナダ
               Total   Capital    Canada    Ltd  4/12/2018     (Zero   Coupon)          15,397,138          1.36
     USD   15,400,000
                                              15,397,138          1.36
              フランス
     USD   10,000,000       Natixis    18/12/2018      (Zero   Coupon)                   9,989,139         0.88
               Natixis    19/12/2018      (Zero   Coupon)                   4,993,850         0.44
     USD   5,000,000
                                              14,982,989          1.32
              アイルランド
               Matchpoint      Finance    Plc  8/1/2019     (Zero   Coupon)
     USD   6,000,000                                      5,984,610         0.53
               Matchpoint      Finance    Plc   ‘144A’    19/2/2019     (Zero   Coupon)       14,115,431          1.25
     USD   14,200,000
                                              20,100,041          1.78
              日本
               Mizuho    Corporate     Bank/New     York   30/5/2019     (Zero   Coupon)        6,652,125         0.59
     USD   6,750,000
                                               6,652,125         0.59
              ジャージー
               Cancara    Asset   Secur   LLC  18/12/2018      (Zero   Coupon)
     USD   9,450,000                                      9,439,602         0.84
               Cancara    Asset   Secur   LLC  3/5/2019     (Zero   Coupon)            19,164,193          1.69
     USD   19,400,000
                                              28,603,795          2.53
              ルクセンブルグ
               Banque    et  Caisse    d’Epargne      de  l’Etat    14/2/2019     (Zero
                                               2,487,448         0.22
     USD   2,500,000
               Coupon)
                                               2,487,448         0.22
              シンガポール
               DBS  Bank   Ltd  5/4/2019     (Zero   Coupon)
     USD   12,000,000                                      11,890,625          1.05
               Oversea-Chinese        Banking    Corp   Ltd  20/2/2019     (Zero   Coupon)       2,484,644         0.22
     USD   2,500,000
                                              14,375,269          1.27
              スウェーデン
               Nordea    Bank   AB  14/12/2018      (Zero   Coupon)
     USD   7,050,000                                      7,044,043         0.62
               Swedbank     AB  3/12/2018     (Zero   Coupon)
     USD   5,000,000                                      4,999,362         0.44
               Swedbank     AB  26/12/2018      (Zero   Coupon)
     USD    460,000                                      459,249        0.04
               Swedbank     AB  4/3/2019     (Zero   Coupon)
     USD   5,000,000                                      4,967,192         0.44
                                              17,469,846          1.54
              英国
               Standard     Chartered     Bank   17/12/2018      (Zero   Coupon)          18,280,561          1.61
     USD   18,300,000
                                              18,280,561          1.61
              米国
               Barton    Capital    SA  12/12/2018      (Zero   Coupon)
     USD   14,550,000                                      14,539,597          1.28
               Bedford    Row  Funding    Corp   25/4/2019     (Zero   Coupon)
     USD   1,790,000                                      1,771,255         0.16
               Bedford    Row  Funding    Corp   30/7/2019     (Zero   Coupon)
     USD   6,500,000                                      6,371,634         0.56
               Cafco   LLC  12/12/2018      (Zero   Coupon)
     USD   21,000,000                                      20,985,370          1.85
               Cafco   LLC  13/12/2018      (Zero   Coupon)
     USD   7,700,000                                      7,694,122         0.68
               Cafco   LLC  19/12/2018      (Zero   Coupon)
     USD   25,000,000                                      24,971,375          2.20
               Cafco   LLC  25/3/2019     (Zero   Coupon)
     USD   2,400,000                                      2,379,100         0.21
                                  63/242




                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     公認の証券取引所に上場されているまたはその他の規制市場で取引されている譲渡可能な有価証券および短期金融商
     品（続き）
                                               時価      純資産比率
        保有高                    銘柄
                                             （米ドル）        （％）
              米国（続き）
              Caisse    Des  Depots    Et  Consignations       24/1/2019     (Zero
     USD   2,000,000                                      1,992,830         0.18
              Coupon)
              Ciesco    LLC  18/3/2019     (Zero   Coupon)
     USD   36,300,000                                      36,005,456          3.18
              Coca-Cola     Co/The    19/12/2018      (Zero   Coupon)
     USD   24,900,000                                      24,872,361          2.20
              CRC  Funding    LLC  9/5/2019     (Zero   Coupon)
     USD   10,000,000                                       9,875,450         0.87
              Crown   Point   Capital    Co  LLC  4/3/2019     (Zero   Coupon)
     USD   12,250,000                                      12,168,987          1.07
              Crown   Point   Capital    Co  LLC  7/12/2018     (Zero   Coupon)
     USD   46,500,000                                      46,482,175          4.10
              HSBC   Bank   Plc  2.65%   11/4/2019
     USD   7,950,000                                      7,950,000         0.70
              ING  US  Funding    LLC  21/2/2019     (Zero   Coupon)
     USD   10,000,000                                       9,944,194         0.88
              ING  US  Funding    LLC  16/8/2019     (Zero   Coupon)
     USD   2,100,000                                      2,056,054         0.18
              JP  Morgan    Securities      LLC  22/2/2019     (Zero   Coupon)
     USD   9,250,000                                      9,197,111         0.81
              JP  Morgan    Securities      LLC  20/3/2019     (Zero   Coupon)
     USD   15,200,000                                      15,082,643          1.33
              Jupiter    Securitization        Company    LLC  4/12/2018     (Zero
     USD   21,450,000                                      21,445,871          1.89
              Coupon)
              La  Fayette    Asset   Securitization        LLC  17/12/2018      (Zero
     USD   9,000,000                                      8,990,400         0.79
              Coupon)
              LMA  Americas     LLC  4/12/2018     (Zero   Coupon)
     USD   27,700,000                                      27,694,760          2.45
              LMA  Americas     LLC  6/12/2018     (Zero   Coupon)
     USD   15,000,000                                      14,995,375          1.32
              LMA  Americas     LLC  1/2/2019     (Zero   Coupon)
     USD   5,000,000                                      4,978,472         0.44
              Macquarie     Bank   Ltd  6/12/2018     (Zero   Coupon)
     USD   18,527,000                                      18,521,030          1.64
              Macquarie     Bank   Ltd  12/2/2019     (Zero   Coupon)
     USD   18,400,000                                      18,298,514          1.62
              Metlife    Short   Term   Fund   17/12/2018      (Zero   Coupon)
     USD   5,750,000                                      5,744,199         0.51
              Metlife    Short   Term   Fund   26/12/2018      (Zero   Coupon)
     USD   25,100,000                                      25,059,735          2.21
              Metlife    Short   Term   Fund   28/1/2019     (Zero   Coupon)
     USD   28,800,000                                      28,683,536          2.53
              Mitsubishi      UFJ  Trust   And  Banking    Corp   6/12/2018     (Zero
     USD   25,000,000                                      24,992,014          2.21
              Coupon)
              Mont   Blanc   Capital    Corp   11/12/2018      (Zero   Coupon)
     USD   14,000,000                                      13,990,978          1.24
              Mont   Blanc   Capital    Corp   15/1/2019     (Zero   Coupon)
     USD   12,000,000                                      11,963,850          1.06
              National     Securities      Clearing     Corp   28/1/2019     (Zero
     USD   9,000,000                                      8,963,125         0.79
              Coupon)
              Nieuw   Amsterdam     Receivables      Corp   22/1/2019     (Zero   Coupon)
     USD   16,050,000                                      15,991,114          1.41
              Nieuw   Amsterdam     Receivables      Corp   25/1/2019     (Zero   Coupon)
     USD    399,000                                      397,446        0.04
              Nieuw   Amsterdam     Receivables      Corp   21/2/2019     (Zero   Coupon)
     USD   30,000,000                                      29,815,500          2.63
              Old  Line   Funding    LLC  5/6/2019     (Zero   Coupon)
     USD   3,800,000                                      3,746,990         0.33
              Ontario    Teacher’’s       Finance    Trusts    24/4/2019     (Zero
     USD   2,175,000                                      2,152,815         0.19
              Coupon)
              Regency    Markets    No1  LLC  5/12/2018     (Zero   Coupon)
     USD   34,150,000                                      34,141,235          3.01
              Ridgefield      Funding    Co  LLC  5/12/2018     (Zero   Coupon)
     USD   5,500,000                                      5,498,558         0.49
              Ridgefield      Funding    Co  LLC  10/12/2018      (Zero   Coupon)
     USD   5,850,000                                      5,846,549         0.52
     USD   15,000,000       Thunder    Bay  Funding    LLC  4/12/2018     (Zero   Coupon)           14,997,150          1.32
              Toronto-Dominion         Bank/The     2.866%    13/6/2019
     USD   13,000,000                                      13,000,000          1.15
              Toyota    Motor   Credit    Corp   21/12/2018      (Zero   Coupon)
     USD   7,500,000                                      7,490,333         0.66
              Toyota    Motor   Credit    Corp   24/12/2018      (Zero   Coupon)
     USD   16,500,000                                      16,475,543          1.45
              Toyota    Motor   Credit    Corp   13/6/2019     (Zero   Coupon)
     USD   12,600,000                                      12,420,065          1.10
              UBS  AG/London     2.738%    4/4/2019
     USD   7,000,000                                      7,000,000         0.62
                                  64/242




                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     公認の証券取引所に上場されているまたはその他の規制市場で取引されている譲渡可能な有価証券および短期金融商
     品（続き）
                                               時価      純資産比率
        保有高                    銘柄
                                             （米ドル）        （％）
              米国（続き）
               United    Overseas     Bank   Ltd  17/5/2019     (Zero   Coupon)
     USD   9,450,000                                      9,323,748         0.82
               Victory    Receivables      Corp   20/12/2018      (Zero   Coupon)
     USD   19,950,000                                      19,925,572          1.76
               Westpac    Banking    Corp   2.483%    19/8/2019
     USD   12,000,000                                      12,000,000          1.06
     USD   10,000,000       Westpac    Banking    Corp   2.762%    31/10/2019                 10,000,000          0.88
                                              708,884,191          62.58
     コマーシャル・ペーパー合計                                        853,259,743          75.33
     公認の証券取引所に上場されているまたはその他の規制市場で取引されている譲
                                             1,167,364,581          103.06
     渡可能な有価証券および短期金融商品合計
     投資有価証券（時価）合計
                                             1,167,364,581          103.06
                                              (34,646,587)          (3.06)
     その他の純負債
     純資産合計（米ドル）                                       1,132,717,994          100.00
     添付の注記は、これらの財務書類の不可分の一部である。

                                  65/242















                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     差金決済契約　2018年11月30日現在
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            ブラジル
            AES  Tiete   Energia    SA  (Unit)             Morgan    Stanley
       573,988                                                (23,984)
            AES  Tiete   Energia    SA  (Unit)             Goldman    Sachs
       219,074                                                (19,558)
            Agrenco    Ltd                   Morgan    Stanley
        13,100                                                 (550)
            Aliansce     Shopping     Centers    SA          Goldman    Sachs
       (254,145)                                                 56,354
       (238,100)      Aliansce     Shopping     Centers    SA          Morgan    Stanley                 9,764
            Alliar    Medicos    A Frente    SA           Goldman    Sachs
       (205,166)                                                (50,092)
            Alliar    Medicos    A Frente    SA           Morgan    Stanley
       (378,517)                                                (69,778)
            Alpargatas      SA  (Pref)                Goldman    Sachs
       (38,300)                                                 3,566
            Alpargatas      SA  (Pref)                Morgan    Stanley
       (50,900)                                                (3,430)
            Alupar    Investimento       SA  (Unit)            Goldman    Sachs
       (64,379)                                                25,178
            Alupar    Investimento       SA  (Unit)            Morgan    Stanley
       (800,435)                                                 36,623
            Ambev   SA                    Morgan    Stanley
       271,600                                                (3,468)
            Anima   Holding    SA                Goldman    Sachs
       (53,714)                                                16,369
            Anima   Holding    SA                Morgan    Stanley
       (50,950)                                                12,307
            Arezzo    Industria     e Comercio     SA         Goldman    Sachs
       (27,500)                                                 4,855
            Arezzo    Industria     e Comercio     SA         Morgan    Stanley
       (95,191)                                                29,661
            Atacadao     Distribuicao       Comercio     e Industria
                                    Goldman    Sachs
       (332,200)                                                 (5,442)
            Ltda
            Atacadao     Distribuicao       Comercio     e Industria
                                    Morgan    Stanley
       (217,200)                                                (21,985)
            Ltda
            B2W  Cia  Digital                   Goldman    Sachs
       (123,700)                                                (70,555)
            B2W  Cia  Digital                   Morgan    Stanley
       (163,000)                                                (63,064)
            B3  SA  - Brasil    Bolsa   Balcao             Morgan    Stanley
       (109,400)                                                (37,203)
            B3  SA  - Brasil    Bolsa   Balcao             Goldman    Sachs
       (199,400)                                                 (7,406)
            Banco   ABC  Brasil    SA  (Pref)             Goldman    Sachs
       115,156                                                (22,336)
            Banco   ABC  Brasil    SA  (Pref)             Morgan    Stanley
        73,075                                                2,629
            Banco   BTG  Pactual    SA  (Unit)             Goldman    Sachs
       203,100                                                (40,787)
            Banco   BTG  Pactual    SA  (Unit)             Morgan    Stanley
       248,314                                                (14,145)
            Banco   do  Brasil    SA               Morgan    Stanley
       275,200                                                (17,288)
            Banco   do  Estado    do  Rio  Grande    do  Sul  SA
                                    Goldman    Sachs
       223,400                                                42,570
            (Pref)
            Banco   do  Estado    do  Rio  Grande    do  Sul  SA
                                    Morgan    Stanley
       165,699                                                25,073
            (Pref)
            Banco   Inter   SA  (Pref)                Goldman    Sachs
       (10,200)                                                (8,540)
            Banco   Inter   SA  (Pref)                Morgan    Stanley
       (12,800)                                                (15,170)
            Banco   Santander     Brasil    SA  (Unit)          Goldman    Sachs
        98,900                                               (17,272)
        82,400    Banco   Santander     Brasil    SA  (Unit)          Morgan    Stanley                28,127
            BB  Seguridade      Participacoes       SA         Goldman    Sachs
       (694,400)                                                (40,984)
            BB  Seguridade      Participacoes       SA         Morgan    Stanley
       (485,300)                                                (163,221)
            BK  Brasil    Operacao     e Assessoria      ▶
                                    Goldman    Sachs
       (184,743)                                                 7,252
            Restaurantes       SA
            BK  Brasil    Operacao     e Assessoria      ▶
                                    Morgan    Stanley
       (255,069)                                                (29,075)
            Restaurantes       SA
            BR  Malls   Participacoes       SA            Goldman    Sachs
       (993,811)                                                 14,744
            BR  Malls   Participacoes       SA            Morgan    Stanley
       (204,060)                                                (24,200)
            BR  Properties      SA                Goldman    Sachs
       (75,743)                                                 5,709
                                  66/242




                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            ブラジル（続き）
            BR  Properties      SA                Morgan    Stanley
       (325,468)                                                 14,979
            Braskem    SA  (Pref)                  Goldman    Sachs
        38,000                                                (1,463)
            Braskem    SA  (Pref)                  Morgan    Stanley
        44,900                                                (2,074)
            BRF  SA                      Morgan    Stanley
       (385,200)                                                 29,963
            BRF  SA                      Goldman    Sachs
        (3,100)                                                (1,272)
            Camil   Alimentos     SA               Goldman    Sachs
        94,100                                               (31,021)
            Camil   Alimentos     SA               Morgan    Stanley
       196,200                                                (29,645)
            CCR  SA                      Goldman    Sachs
        68,800                                                23,041
            Centrais     Eletricas     Brasileiras      SA        Morgan    Stanley
       (241,300)                                                 26,279
            Centrais     Eletricas     Brasileiras      SA        Goldman    Sachs
        (2,900)                                                 876
            Cia  Brasileira      de  Distribuicao       (Pref)        Goldman    Sachs
        14,200                                                (7,375)
            Cia  Brasileira      de  Distribuicao       (Pref)        Morgan    Stanley
        26,800                                                7,125
            Cia  de  Gas  de  Sao  Paulo   - COMGAS    (Pref)       Goldman    Sachs
        16,809                                                (9,481)
            Cia  de  Gas  de  Sao  Paulo   - COMGAS    (Pref)       Morgan    Stanley
        10,600                                                (4,129)
            Cia  de  Locacao    das  Americas              Morgan    Stanley
       (13,800)                                                (13,396)
            Cia  de  Saneamento      Basico    do  Estado    de  Sao
                                    Goldman    Sachs
        96,200                                               (18,812)
            Paulo
            Cia  de  Saneamento      Basico    do  Estado    de  Sao
                                    Morgan    Stanley
       185,500                                                 7,813
            Paulo
            Cia  de  Saneamento      de  Minas   Gerais-COPASA          Morgan    Stanley
       159,100                                                (77,730)
            Cia  de  Saneamento      de  Minas   Gerais-COPASA          Goldman    Sachs
       145,322                                                (31,282)
            Cia  de  Saneamento      do  Parana    (Pref)         Morgan    Stanley
       248,539                                                 8,156
            Cia  de  Saneamento      do  Parana    (Pref)         Goldman    Sachs
       336,193                                                (22,876)
            Cia  de  Saneamento      do  Parana    (Unit)         Morgan    Stanley
       118,000                                                86,056
            Cia  de  Saneamento      do  Parana    (Unit)         Goldman    Sachs
       141,331                                                66,513
            Cia  Ferro   Ligas   da  Bahia   - FERBASA    (Pref)      Morgan    Stanley
       242,375                                                26,366
            Cia  Ferro   Ligas   da  Bahia   - FERBASA    (Pref)      Goldman    Sachs
       173,574                                                 4,192
            Cia  Hering                      Goldman    Sachs
       276,500                                                (54,952)
            Cia  Hering                      Morgan    Stanley
       156,519                                                (5,435)
            Cia  Siderurgica      Nacional     SA           Goldman    Sachs
       (449,100)                                                123,121
            Cia  Siderurgica      Nacional     SA           Morgan    Stanley
       (219,400)                                                 10,614
            Cielo   SA                    Goldman    Sachs
       (113,700)                                                 26,300
            Cielo   SA                    Morgan    Stanley
       (380,952)                                                 23,921
            Construtora      Tenda   SA              Goldman    Sachs
       245,100                                                (41,895)
       184,239     Construtora      Tenda   SA              Morgan    Stanley                 4,792
            Cosan   Logistica     SA               Goldman    Sachs
       (361,046)                                                 16,276
            Cosan   Logistica     SA               Morgan    Stanley
       (284,077)                                                 28,628
            Cosan   SA                    Morgan    Stanley
        5,300                                                1,136
            CVC  Brasil    Operadora     e Agencia    de  Viagens    SA  Goldman    Sachs
       (280,200)                                                (48,033)
            CVC  Brasil    Operadora     e Agencia    de  Viagens    SA  Morgan    Stanley
       (37,100)                                                (18,204)
            Cyrela    Brazil    Realty    SA  Empreendimentos        e
                                    Morgan    Stanley
       (28,500)                                                 5,789
            Participacoes
            Cyrela    Brazil    Realty    SA  Empreendimentos        e
                                    Goldman    Sachs
       (119,700)                                                 32,139
            Participacoes
            Direcional      Engenharia      SA            Goldman    Sachs
       (846,493)                                                 13,136
            Direcional      Engenharia      SA            Morgan    Stanley
      (1,144,073)                                                  (9,671)
                                  67/242




                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            ブラジル（続き）
            Duratex    SA                   Goldman    Sachs
        (4,000)                                                1,027
            Duratex    SA                   Morgan    Stanley
       (284,500)                                                 46,676
            EcoRodovias      Infraestrutura        e Logistica     SA   Morgan    Stanley
       785,100                                                 5,759
            EcoRodovias      Infraestrutura        e Logistica     SA   Goldman    Sachs
       848,900                                                22,088
            Embraer    SA                   Goldman    Sachs
       (44,100)                                                (5,598)
            Embraer    SA                   Morgan    Stanley
       (10,500)                                                 (627)
            Energisa     SA  (Right)                 Goldman    Sachs
        13,934                                                12,984
            Energisa     SA  (Right)                 Morgan    Stanley
        13,520                                                4,266
            Energisa     SA  (Unit)                 Goldman    Sachs
       276,580                                                16,377
            Energisa     SA  (Unit)                 Morgan    Stanley
       270,400                                                72,529
            Eneva   SA                    Goldman    Sachs
        8,100                                                (238)
            Eneva   SA                    Morgan    Stanley
        8,000                                                 699
            Engie   Brasil    Energia    SA             Goldman    Sachs
       (136,769)                                                (12,566)
            Engie   Brasil    Energia    SA             Morgan    Stanley
       (203,300)                                                (88,330)
            Equatorial      Energia    SA              Goldman    Sachs
       (363,113)                                                 40,019
       (79,451)     Equatorial      Energia    SA              Morgan    Stanley                (8,604)
            Estacio    Participacoes       SA            Goldman    Sachs
       407,700                                                113,810
            Estacio    Participacoes       SA            Morgan    Stanley
       396,900                                                152,402
            Even   Construtora      e Incorporadora       SA       Goldman    Sachs
       (268,800)                                                  (209)
            Even   Construtora      e Incorporadora       SA       Morgan    Stanley
       (205,522)                                                 18,028
            Ez  Tec  Empreendimentos        e Participacoes       SA   Goldman    Sachs
       (40,100)                                                10,402
            Ez  Tec  Empreendimentos        e Participacoes       SA   Morgan    Stanley
       (65,600)                                                15,708
            Fleury    SA                    Goldman    Sachs
        14,300                                                 723
            Fleury    SA                    Morgan    Stanley
       314,400                                                91,485
            Gerdau    SA  (Pref)                  Morgan    Stanley
       261,400                                                (42,969)
            Gerdau    SA  (Pref)                  Goldman    Sachs
       225,000                                               (103,110)
            Gol  Linhas    Aereas    Inteligentes       SA  (Pref)      Goldman    Sachs
       (48,300)                                                (4,071)
            Grendene     SA                   Goldman    Sachs
       183,771                                                (10,608)
            Grendene     SA                   Morgan    Stanley
       710,184                                                (6,990)
            Guararapes      Confeccoes      SA            Morgan    Stanley
        (3,700)                                                (1,065)
            Hapvida    Participacoes       e Investimentos       SA  ‘
                                    Morgan    Stanley
        48,000                                                13,386
            144A’
            Hapvida    Participacoes       e Investimentos       SA  ‘
                                    Goldman    Sachs
        42,000                                                 (973)
            144A’
        78,900    Hypera    SA                    Morgan    Stanley                31,005
            Hypera    SA                    Goldman    Sachs
       270,000                                                108,167
            Iguatemi     Empresa    de  Shopping     Centers    SA    Goldman    Sachs
       (29,900)                                                13,926
            Iguatemi     Empresa    de  Shopping     Centers    SA    Morgan    Stanley
       (241,200)                                                 66,964
            Instituto     Hermes    Pardini    SA           Goldman    Sachs
       (122,700)                                                 17,484
            Instituto     Hermes    Pardini    SA           Morgan    Stanley
       (158,800)                                                 47,607
            International       Meal   Co  Alimentacao      SA      Goldman    Sachs
       192,171                                                (17,256)
            International       Meal   Co  Alimentacao      SA      Morgan    Stanley
       169,108                                                (23,786)
            Iochpe    Maxion    SA                Goldman    Sachs
       198,387                                                 7,359
            Iochpe    Maxion    SA                Morgan    Stanley
       121,814                                                35,992
            IRB  Brasil    Resseguros      S/A            Goldman    Sachs
        41,718                                                7,418
            Itausa    - Investimentos       Itau   SA  (Pref)        Goldman    Sachs
       346,530                                                 3,685
                                  68/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            ブラジル（続き）
            Itausa    - Investimentos       Itau   SA  (Pref)        Morgan    Stanley
       501,720                                                51,381
            JBS  SA                      Morgan    Stanley
       471,500                                                75,345
            JBS  SA                      Goldman    Sachs
       701,500                                                64,799
            Klabin    SA  (Unit)                  Morgan    Stanley
       (600,512)                                                140,559
            Klabin    SA  (Unit)                  Goldman    Sachs
       (141,100)                                                 49,500
            Kroton    Educacional      SA              Goldman    Sachs
       536,100                                               (129,583)
            Laep   Investments      Ltd               Goldman    Sachs
        13,700                                                (1,023)
            Laep   Investments      Ltd               Morgan    Stanley
        24,300                                                (1,784)
            Linx   SA                     Goldman    Sachs
       (151,500)                                                (60,158)
            Linx   SA                     Morgan    Stanley
       (149,698)                                                (40,544)
            Localiza     Rent   ▶ Car  SA             Goldman    Sachs
       (611,300)                                                214,288
            Localiza     Rent   ▶ Car  SA             Morgan    Stanley
       (124,200)                                                 31,401
            Lojas   Americanas      SA  (Pref)             Morgan    Stanley
      (1,227,000)                                                 (378,958)
            Lojas   Americanas      SA  (Pref)             Goldman    Sachs
       (33,400)                                                (8,469)
            Lojas   Renner    SA                 Morgan    Stanley
       140,000                                                (12,542)
        (4,700)    M Dias   Branco    SA                Goldman    Sachs                3,669
            M Dias   Branco    SA                Morgan    Stanley
        (7,200)                                                5,054
            Magazine     Luiza   SA                Morgan    Stanley
        13,100                                                10,446
            Magnesita     Refratarios      SA            Morgan    Stanley
        38,843                                                15,841
            Magnesita     Refratarios      SA            Goldman    Sachs
        75,076                                               (18,483)
            Mahle-Metal      Leve   SA               Goldman    Sachs
       (142,100)                                                 32,106
            Mahle-Metal      Leve   SA               Morgan    Stanley
       (92,100)                                                (2,363)
            Marcopolo     SA  (Pref)                 Goldman    Sachs
       (680,500)                                                 47,325
            Marcopolo     SA  (Pref)                 Morgan    Stanley
      (1,446,900)                                                  43,691
            Marfrig    Global    Foods   SA             Goldman    Sachs
       (497,400)                                                 39,220
            Marfrig    Global    Foods   SA             Morgan    Stanley
       (345,100)                                                 22,183
            Marisa    Lojas   SA                 Goldman    Sachs
       (122,800)                                                 23,794
            Marisa    Lojas   SA                 Morgan    Stanley
       (109,354)                                                 16,623
            Metalurgica      Gerdau    SA  (Pref)            Morgan    Stanley
        76,900                                                (6,293)
            Metalurgica      Gerdau    SA  (Pref)            Goldman    Sachs
      1,297,500                                                (338,152)
            Minerva    SA/Brazil                   Goldman    Sachs
       276,700                                                (43,516)
            Minerva    SA/Brazil                   Morgan    Stanley
       136,100                                                (11,111)
            Movida    Participacoes       SA             Goldman    Sachs
       (240,900)                                                 33,705
            Movida    Participacoes       SA             Morgan    Stanley
       (225,600)                                                 12,815
       504,813     MRV  Engenharia      e Participacoes       SA        Morgan    Stanley               (32,468)
            MRV  Engenharia      e Participacoes       SA        Goldman    Sachs
       544,600                                                (85,983)
            Multiplan     Empreendimentos        Imobiliarios       SA   Morgan    Stanley
       (433,940)                                                 9,216
            Multiplan     Empreendimentos        Imobiliarios       SA   Goldman    Sachs
       (274,709)                                                 36,456
            Natura    Cosmeticos      SA              Goldman    Sachs
       (84,900)                                                (68,872)
            Natura    Cosmeticos      SA              Morgan    Stanley
       (307,400)                                                (178,835)
            Notre   Dame   Intermedica      Participacoes       SA    Goldman    Sachs
       (11,900)                                                 1,889
            Notre   Dame   Intermedica      Participacoes       SA    Morgan    Stanley
       (52,200)                                                (11,018)
            Odontoprev      SA                  Morgan    Stanley
       (80,700)                                                14,639
            Odontoprev      SA                  Goldman    Sachs
       (155,800)                                                 10,822
            Oi  SA                      Goldman    Sachs
       402,700                                                (84,862)
                                  69/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            ブラジル（続き）
            Oi  SA  (Right)                    Goldman    Sachs
       623,458                                                35,307
            Omega   Geracao    SA                Goldman    Sachs
       (301,942)                                                 46,017
            Omega   Geracao    SA                Morgan    Stanley
       (184,109)                                                 15,176
            Petro   Rio  SA                  Morgan    Stanley
       (19,851)                                                42,480
            Petro   Rio  SA                  Goldman    Sachs
        (5,000)                                                17,847
            Petrobras     Distribuidora       SA           Morgan    Stanley
       134,000                                                17,495
            Petrobras     Distribuidora       SA           Goldman    Sachs
       251,700                                                104,188
            Porto   Seguro    SA                 Goldman    Sachs
       120,000                                                (96,651)
            Porto   Seguro    SA                 Morgan    Stanley
       139,600                                                (55,532)
            QGEP   Participacoes       SA              Goldman    Sachs
       310,500                                               (103,142)
            QGEP   Participacoes       SA              Morgan    Stanley
       194,500                                                (36,481)
            Qualicorp     Consultoria      e Corretora     de  Seguros
                                    Goldman    Sachs
       493,700                                                (85,309)
            SA
            Qualicorp     Consultoria      e Corretora     de  Seguros
       321,100                             Morgan    Stanley                (1,720)
            SA
       (153,200)      Raia   Drogasil     SA                Goldman    Sachs               234,195
       (213,600)      Raia   Drogasil     SA                Morgan    Stanley                93,794
            Randon    SA  Implementos      e Participacoes       (Pref)    Morgan    Stanley
       (28,783)                                                  (46)
            Randon    SA  Implementos      e Participacoes       (Pref)    Goldman    Sachs
       (18,900)                                                 1,347
            Rumo   SA                     Goldman    Sachs
       (694,438)                                                115,804
            Rumo   SA                     Morgan    Stanley
      (1,080,841)                                                 148,256
            Santos    Brasil    Participacoes       SA         Goldman    Sachs
       (85,400)                                                  11
            Santos    Brasil    Participacoes       SA         Morgan    Stanley
       (389,925)                                                (11,763)
            Sao  Martinho     SA                 Goldman    Sachs
       358,046                                               (151,616)
            Sao  Martinho     SA                 Morgan    Stanley
       546,217                                                (89,556)
            Ser  Educacional      SA  ‘144A’             Goldman    Sachs
       (86,500)                                                14,678
            Ser  Educacional      SA  ‘144A’             Morgan    Stanley
       (123,500)                                                 10,587
            SLC  Agricola     SA                 Morgan    Stanley
       143,216                                               (155,101)
            SLC  Agricola     SA                 Goldman    Sachs
       159,800                                               (290,568)
            Smiles    Fidelidade      SA              Morgan    Stanley
        94,200                                                76,175
            Smiles    Fidelidade      SA              Goldman    Sachs
        75,288                                                75,222
            Somos   Educacao     SA                Goldman    Sachs
       (56,785)                                                12,761
            Sonae   Sierra    Brasil    SA             Goldman    Sachs
        23,921                                                 654
            Sonae   Sierra    Brasil    SA             Morgan    Stanley
        5,300                                                1,109
      1,254,624      Sul  America    SA  (Unit)                Morgan    Stanley               414,607
            Suzano    Papel   e Celulose     SA           Goldman    Sachs
        6,000                                                 927
            Suzano    Papel   e Celulose     SA           Morgan    Stanley
       151,000                                                75,737
            Tegma   Gestao    Logistica     SA            Morgan    Stanley
       177,987                                                (60,264)
            Tegma   Gestao    Logistica     SA            Goldman    Sachs
       367,765                                               (205,589)
            Telefonica      Brasil    SA  (Pref)             Morgan    Stanley
        41,400                                                1,082
            Telefonica      Brasil    SA  (Pref)             Goldman    Sachs
        29,700                                                (6,354)
            TIM  Participacoes       SA              Goldman    Sachs
       103,100                                                (8,059)
            TIM  Participacoes       SA              Morgan    Stanley
       538,700                                                52,205
            TOTVS   SA                    Morgan    Stanley
        60,400                                                37,319
            TOTVS   SA                    Goldman    Sachs
        41,200                                                26,136
                                  70/242




                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            ブラジル（続き）
            Transmissora       Alianca    de  Energia    Eletrica     SA
                                    Morgan    Stanley
       670,321                                               (121,970)
            (Unit)
            Transmissora       Alianca    de  Energia    Eletrica     SA
                                    Goldman    Sachs
       711,100                                               (209,620)
            (Unit)
            Tupy   SA                     Morgan    Stanley
        16,300                                                (4,295)
            Tupy   SA                     Goldman    Sachs
        6,200                                               (2,306)
            Ultrapar     Participacoes       SA            Goldman    Sachs
       (180,200)                                                (133,943)
            Unipar    Carbocloro      SA  (Pref)             Morgan    Stanley
       (82,400)                                                 3,845
            Unipar    Carbocloro      SA  (Pref)             Goldman    Sachs
       (15,600)                                                13,707
            Usinas    Siderurgicas       de  Minas   Gerais    SA
                                    Goldman    Sachs
      (1,777,800)                                                 375,267
            (Pref)
            Valid   Solucoes     e Servicos     de  Seguranca     em
                                    Goldman    Sachs
       (63,560)                                                 1,816
            Meios   de  Pagamento     e Identificacao       SA
            Valid   Solucoes     e Servicos     de  Seguranca     em
                                    Morgan    Stanley
       (145,223)                                                 10,585
            Meios   de  Pagamento     e Identificacao       SA
            Via  Varejo    SA                  Morgan    Stanley
       (26,100)                                                 (881)
            Vulcabras     Azaleia    SA              Morgan    Stanley
        48,958                                                (6,980)
            Vulcabras     Azaleia    SA              Goldman    Sachs
        24,200                                                (3,374)
            WEG  SA                      Morgan    Stanley
       (419,179)                                                 (4,250)
            Wiz  Solucoes     e Corretagem      de  Seguros    SA    Goldman    Sachs
       (86,100)                                                12,727
            Wiz  Solucoes     e Corretagem      de  Seguros    SA    Morgan    Stanley                24,746
       (269,300)
                                                       120,877
            カナダ
            Advantage     Oil  & Gas  Ltd             Morgan    Stanley
       (115,052)                                                 54,841
            Advantage     Oil  & Gas  Ltd             Goldman    Sachs
       (39,062)                                                23,248
            Aecon   Group   Inc                 Goldman    Sachs
        38,714                                               (10,028)
            Aecon   Group   Inc                 Morgan    Stanley
       141,779                                                (17,426)
            Ag  Growth    International       Inc           Goldman    Sachs
        (2,776)                                                2,052
            Ag  Growth    International       Inc           Morgan    Stanley
       (30,198)                                                (2,635)
            AGF  Management      Ltd   ‘B’             Morgan    Stanley
       (50,772)                                                 5,784
            Agnico    Eagle   Mines   Ltd              Goldman    Sachs
        2,583                                               (2,231)
            Agnico    Eagle   Mines   Ltd              Morgan    Stanley
        5,918                                               (20,514)
            AGT  Food   & Ingredients      Inc            Morgan    Stanley
        5,980                                               (1,479)
            AGT  Food   & Ingredients      Inc            Goldman    Sachs
        6,116                                               (8,139)
            Aimia   Inc                    Goldman    Sachs
        (2,287)                                                 440
       (57,557)     Aimia   Inc                    Morgan    Stanley                11,690
            Air  Canada                      Goldman    Sachs
        (2,165)                                                (4,836)
            Air  Canada                      Morgan    Stanley
       (47,276)                                               (128,584)
            AirBoss    of  America    Corp              Morgan    Stanley
       (43,124)                                                (25,169)
            AKITA   Drilling     Ltd   ‘A’             Morgan    Stanley
        33,473                                               (10,221)
            Alacer    Gold   Corp                 Goldman    Sachs
        93,984                                                (9,115)
            Alacer    Gold   Corp                 Morgan    Stanley
        17,546                                                 (769)
            Alamos    Gold   Inc   ‘A’               Morgan    Stanley
        50,383                                               (19,584)
            Alamos    Gold   Inc   ‘A’               Goldman    Sachs
        45,984                                               (19,893)
            Alaris    Royalty    Corp                Goldman    Sachs
        6,012                                                4,076
            Alaris    Royalty    Corp                Morgan    Stanley
        84,374                                               (12,989)
            Alcanna    Inc                   Morgan    Stanley
        14,880                                                (5,270)
                                  71/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            カナダ（続き）
            Algonquin     Power   & Utilities     Corp         Morgan    Stanley
       (49,088)                                                 (242)
            Alimentation       Couche-Tard      Inc   ‘B’        Goldman    Sachs
        36,876                                                98,641
            Alimentation       Couche-Tard      Inc   ‘B’        Morgan    Stanley
        60,414                                               185,402
            Allied    Properties      Real   Estate    Investment
                                    Goldman    Sachs
       (30,358)                                                (14,758)
            Trust   (Reit)
            Allied    Properties      Real   Estate    Investment
       (50,369)                             Morgan    Stanley                12,701
            Trust   (Reit)
            AltaGas    Ltd                   Goldman    Sachs
       (26,766)                                                35,777
            AltaGas    Ltd                   Morgan    Stanley
       (141,751)                                                234,153
            Altius    Minerals     Corp               Goldman    Sachs
        22,733                                                (4,027)
            Altius    Minerals     Corp               Morgan    Stanley
       108,307                                                  438
            Altus   Group   Ltd/Canada                 Goldman    Sachs
       (27,638)                                                (39,235)
            Altus   Group   Ltd/Canada                 Morgan    Stanley
       (79,121)                                                (42,592)
            Aphria    Inc                    Morgan    Stanley
        4,531                                               (4,234)
            ARC  Resources     Ltd                Goldman    Sachs
       (57,810)                                                68,363
            ARC  Resources     Ltd                Morgan    Stanley
       (37,979)                                                49,259
            Aritzia    Inc                   Morgan    Stanley
        58,091                                               (47,136)
            Aritzia    Inc                   Goldman    Sachs
        46,318                                               (37,948)
            Arrow   Exploration      Corp              Morgan    Stanley
          56                                               (11)
            Artis   Real   Estate    Investment      Trust   (Reit)      Goldman    Sachs
        (3,136)                                                 545
            Artis   Real   Estate    I nvestment     Trust   (Reit)     Morgan    Stanley
       (73,003)                                                12,721
            Atco   Ltd/Canada      ‘I’               Goldman    Sachs
       (19,793)                                                (1,325)
            Atco   Ltd/Canada      ‘I’               Morgan    Stanley
       (79,307)                                                27,211
            Atlantic     Power   Corp                Goldman    Sachs
        2,333                                                 70
            Atlantic     Power   Corp                Morgan    Stanley
       154,390                                                 8,937
            ATS  Automation      Tooling    Systems    Inc        Goldman    Sachs
        7,325                                               (2,764)
            Aurinia    Pharmaceuticals        Inc           Goldman    Sachs
        1,584                                                 987
            Aurora    Cannabis     Inc               Goldman    Sachs
        (5,449)                                                5,449
            Aurora    Cannabis     Inc               Morgan    Stanley
        (5,295)                                                2,327
            AutoCanada      Inc                  Goldman    Sachs
       (21,554)                                                (13,958)
            AutoCanada      Inc                  Morgan    Stanley
       (26,294)                                                 (481)
            B2Gold    Corp                    Morgan    Stanley
       (29,695)                                                 9,585
            Badger    Daylighting      Ltd              Goldman    Sachs
        7,542                                                9,414
            Badger    Daylighting      Ltd              Morgan    Stanley
        9,214                                                2,115
            Bank   of  Montreal                   Goldman    Sachs
        17,455                                               (15,280)
            Bank   of  Montreal                   Morgan    Stanley
        49,453                                                21,634
            Bank   of  Nova   Scotia/The                 Goldman    Sachs
        16,703                                                14,228
            Bank   of  Nova   Scotia/The                 Morgan    Stanley
        18,984                                                30,032
       (37,392)     Barrick    Gold   Corp                 Goldman    Sachs                9,586
            Barrick    Gold   Corp                 Morgan    Stanley
       (27,823)                                                28,359
            Bausch    Health    Cos  Inc              Goldman    Sachs
        (2,150)                                                2,807
            Bausch    Health    Cos  Inc              Morgan    Stanley
       (13,548)                                                (19,018)
            Baytex    Energy    Corp                Goldman    Sachs
        56,006                                                (1,152)
            Baytex    Energy    Corp                Morgan    Stanley
        59,987                                                (4,984)
            BCE  Inc                      Goldman    Sachs
        4,152                                                5,130
            BCE  Inc                      Morgan    Stanley
        4,841                                                4,085
                                  72/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            カナダ（続き）
            Bellatrix     Exploration      Ltd            Morgan    Stanley
        22,299                                                (2,335)
            Birchcliff      Energy    Ltd              Goldman    Sachs
        10,145                                                (3,566)
            Birchcliff      Energy    Ltd              Morgan    Stanley
       110,819                                                (51,887)
            Bird   Construction       Inc              Morgan    Stanley
       (204,509)                                                 57,719
            BlackBerry      Ltd                  Goldman    Sachs
       (10,026)                                                 (431)
            BlackBerry      Ltd                  Morgan    Stanley
       (30,997)                                                 2,000
            Boardwalk     Real   Estate    Investment      Trust
                                    Goldman    Sachs
        11,546                                               (28,755)
            (Reit)
            Boardwalk     Real   Estate    Investment      Trust
                                    Morgan    Stanley
        18,605                                               (119,460)
            (Reit)
            Bombardier      Inc   ‘B’               Morgan    Stanley
       (202,462)                                                 40,339
            Bombardier      Inc   ‘B’               Goldman    Sachs
       (25,580)                                                (1,211)
            Bonavista     Energy    Corp               Morgan    Stanley
       240,475                                                (16,373)
            Bonterra     Energy    Corp               Goldman    Sachs
       (34,096)                                                73,479
            Bonterra     Energy    Corp               Morgan    Stanley
       (29,914)                                                58,141
       (150,292)      Boralex    Inc   ‘A’                 Morgan    Stanley                (2,941)
       (37,207)     Boralex    Inc   ‘A’                 Goldman    Sachs               (15,598)
            Brookfield      Asset   Management      Inc   ‘A’       Goldman    Sachs
        3,683                                                 301
            Brookfield      Asset   Management      Inc   ‘A’       Morgan    Stanley
        66,381                                                64,128
            Brookfield      Business     Partners     LP         Morgan    Stanley
        15,975                                               (13,750)
            Brookfield      Business     Partners     LP         Goldman    Sachs
        4,486                                               (8,982)
            Brookfield      Infrastructure        Partners     LP      Morgan    Stanley
        49,194                                               (76,523)
            Brookfield      Property     Partners     LP         Morgan    Stanley
        59,416                                               (46,731)
            Brookfield      Renewable     Partners     LP        Morgan    Stanley
        76,319                                                15,776
            BRP  Inc                      Morgan    Stanley
        17,095                                                25,150
            BRP  Inc                      Goldman    Sachs
        12,507                                               (24,462)
            CAE  Inc                      Goldman    Sachs
        32,351                                                (1,166)
            CAE  Inc                      Morgan    Stanley
        85,845                                                 933
            Cameco    Corp                    Goldman    Sachs
       (30,814)                                                 3,498
            Cameco    Corp                    Morgan    Stanley
       (45,368)                                                 3,658
            Canaccord     Genuity    Group   Inc           Goldman    Sachs
        1,533                                                (459)
            Canaccord     Genuity    Group   Inc           Morgan    Stanley
        18,128                                                (3,741)
            Canacol    Energy    Ltd                Morgan    Stanley
       (225,587)                                                 32,906
            Canada    Goose   Holdings     Inc            Morgan    Stanley
        (6,630)                                                (1,309)
        24,748    Canadian     Apartment     Properties      REIT   (Reit)      Goldman    Sachs               (4,959)
            Canadian     Apartment     Properties      REIT   (Reit)      Morgan    Stanley
        92,586                                                (6,881)
            Canadian     Imperial     Bank   of  Commerce          Goldman    Sachs
        5,408                                               (16,389)
            Canadian     Imperial     Bank   of  Commerce          Morgan    Stanley
        24,548                                               (52,144)
            Canadian     National     Railway    Co          Morgan    Stanley
       (36,463)                                                (36,601)
            Canadian     National     Railway    Co          Goldman    Sachs
       (11,882)                                                (9,470)
            Canadian     Natural    Resources     Ltd          Goldman    Sachs
        44,220                                               (107,680)
            Canadian     Natural    Resources     Ltd          Morgan    Stanley
        40,487                                               (100,975)
            Canadian     Pacific    Railway    Ltd           Goldman    Sachs
        1,380                                                3,282
            Canadian     Pacific    Railway    Ltd           Morgan    Stanley
        11,611                                                77,155
            Canadian     Tire   Corp   Ltd   ‘A’           Morgan    Stanley
       (10,520)                                                (2,878)
            Canadian     Utilities     Ltd   ‘A’           Morgan    Stanley
       (127,038)                                                 98,102
                                  73/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            カナダ（続き）
            Canadian     Utilities     Ltd   ‘A’           Goldman    Sachs
       (45,356)                                                24,274
            Canadian     Western    Bank               Goldman    Sachs
        (5,813)                                                7,007
            Canadian     Western    Bank               Morgan    Stanley
       (86,829)                                                58,144
            Canfor    Corp                    Goldman    Sachs
        42,205                                                5,718
            Canfor    Corp                    Morgan    Stanley
        72,061                                               (37,028)
            Canfor    Pulp   Products     Inc             Goldman    Sachs
         568                                               (156)
            Canfor    Pulp   Products     Inc             Morgan    Stanley
        11,310                                                2,968
            Canopy    Growth    Corp                Goldman    Sachs
        (3,446)                                                8,122
            Canopy    Growth    Corp                Morgan    Stanley
        (3,666)                                                2,840
            CanWel    Building     Materials     Group   Ltd       Morgan    Stanley
        4,529                                                 73
            Capital    Power   Corp                Morgan    Stanley
       118,319                                                (31,232)
            Cargojet     Inc                   Goldman    Sachs
        2,871                                               (1,996)
            Cargojet     Inc                   Morgan    Stanley
        14,611                                                11,341
            Cascades     Inc                   Morgan    Stanley
       (30,047)                                                (25,428)
            CCL  Industries      Inc   ‘B’             Morgan    Stanley
       (42,874)                                                (84,738)
       (31,729)     CCL  Industries      Inc   ‘B’             Goldman    Sachs                 (439)
            Celestica     Inc                  Goldman    Sachs
       (27,617)                                                (11,343)
            Celestica     Inc                  Morgan    Stanley
       (36,016)                                                (13,872)
            Cenovus    Energy    Inc                Morgan    Stanley
       (141,646)                                                 69,374
            Centerra     Gold   Inc                Goldman    Sachs
       (12,201)                                                (2,240)
            Centerra     Gold   Inc                Morgan    Stanley
       (23,905)                                                 7,647
            Ceridian     HCM  Holdings     Inc            Goldman    Sachs
       (23,299)                                                (64,381)
            CES  Energy    Solutions     Corp             Morgan    Stanley
       (46,616)                                                 4,042
            CGI  Group   Inc   ‘A’                Morgan    Stanley
        16,174                                                15,960
            CGI  Group   Inc   ‘A’                Goldman    Sachs
        1,802                                                3,396
            Chartwell     Retirement      Residences      (Unit)       Morgan    Stanley
        85,713                                                18,027
            Chesswood     Group   Ltd               Morgan    Stanley
       (62,159)                                                 8,708
            Choice    Properties      Real   Estate    Investment
                                    Goldman    Sachs
        13,595                                                (2,013)
            Trust   (Reit)
            Choice    Properties      Real   Estate    Investment
                                    Morgan    Stanley
        34,321                                                (1,783)
            Trust   (Reit)
            CI  Financial     Corp                 Goldman    Sachs
        55,957                                               (16,969)
            CI  Financial     Corp                 Morgan    Stanley
        9,904                                               (3,747)
            Cineplex     Inc                   Goldman    Sachs
        26,270                                               (54,703)
            Cineplex     Inc                   Morgan    Stanley
        17,249                                                 (679)
            Cogeco    Communications        Inc            Goldman    Sachs
        (8,273)                                                (3,647)
            Cogeco    Communications        Inc            Morgan    Stanley
       (50,523)                                                (29,603)
            Cogeco    Inc                    Goldman    Sachs
        7,784                                                3,521
        29,394    Cogeco    Inc                    Morgan    Stanley                28,529
            Colliers     International       Group   Inc         Goldman    Sachs
         750                                               2,358
            Colliers     International       Group   Inc         Morgan    Stanley
        10,834                                                20,882
            Cominar    Real   Estate    Investment      Trust   (Reit)    Goldman    Sachs
       (59,047)                                                17,164
            Cominar    Real   Estate    Investment      Trust   (Reit)    Morgan    Stanley
       (425,808)                                                114,591
            Computer     Modelling     Group   Ltd           Goldman    Sachs
       (25,907)                                                 5,607
            Computer     Modelling     Group   Ltd           Morgan    Stanley
       (71,640)                                                10,473
            Concordia     International       Corp           Goldman    Sachs
        1,061                                                 357
                                  74/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
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                                                    （米ドル）
            カナダ（続き）
            Concordia     International       Corp           Morgan    Stanley
        2,674                                               (2,592)
            Constellation       Software     Inc/Canada            Goldman    Sachs
          63                                              1,140
            Constellation       Software     Inc/Canada            Morgan    Stanley
          28                                                41
            Continental      Gold   Inc               Morgan    Stanley
       (20,613)                                                  573
            Corby   Spirit    and  Wine   Ltd            Morgan    Stanley
        11,140                                                2,438
            Corus   Entertainment       Inc   ‘B’           Morgan    Stanley
       116,084                                                12,231
            Corus   Entertainment       Inc   ‘B’           Goldman    Sachs
       126,043                                                 7,100
            Cott   Corp                     Goldman    Sachs
       (18,386)                                                 1,362
            Cott   Corp                     Morgan    Stanley
       (35,321)                                                (3,246)
            Crescent     Point   Energy    Corp            Goldman    Sachs
        83,063                                               (75,668)
            Crescent     Point   Energy    Corp            Morgan    Stanley
       159,055                                                (74,908)
            Crew   Energy    Inc                 Morgan    Stanley
       138,377                                                (15,654)
            Crius   Energy    Trust   (Unit)              Morgan    Stanley
        61,278                                               (11,271)
            Crombie    Real   Estate    Investment      Trust   (Reit)*    Goldman    Sachs
        25,392                                                5,075
            Crombie    Real   Estate    Investment      Trust   (Reit)*    Morgan    Stanley
       273,052                                                111,592
        55,035    CT  Real   Estate    Investment      Trust   (Reit)       Morgan    Stanley                (7,451)
            Descartes     Systems    Group   Inc/The           Morgan    Stanley
        6,180                                                7,140
            Descartes     Systems    Group   Inc/The           Goldman    Sachs
        25,730                                                11,230
            Detour    Gold   Corp                 Goldman    Sachs
        (7,533)                                                3,519
            Detour    Gold   Corp                 Morgan    Stanley
       (10,020)                                                 7,720
            DHX  Media   Ltd                  Goldman    Sachs
        16,729                                                2,089
            DHX  Media   Ltd                  Morgan    Stanley
        4,466                                                 844
            DIRTT   Environmental       Solutions             Goldman    Sachs
        (5,732)                                                 (606)
            DIRTT   Environmental       Solutions             Morgan    Stanley
       (125,500)                                                 (7,880)
            Dollarama     Inc                  Goldman    Sachs
       (18,185)                                                (4,715)
            Dollarama     Inc                  Morgan    Stanley
       (13,862)                                                (8,877)
            Domtar    Corp                    Goldman    Sachs
        7,802                                               (20,987)
            Domtar    Corp                    Morgan    Stanley
        7,414                                               (6,559)
            Dorel   Industries      Inc   ‘B’            Goldman    Sachs
        13,073                                                (8,108)
            Dorel   Industries      Inc   ‘B’            Morgan    Stanley
        10,838                                                (8,095)
            Dream   Global    Real   Estate    Investment      Trust
                                    Goldman    Sachs
        42,019                                               (16,325)
            (Reit)
            Dream   Global    Real   Estate    Investment      Trust
                                    Morgan    Stanley
        46,928                                               (10,287)
            (Reit)
            Dream   Industrial      Real   Estate    Investment
                                    Goldman    Sachs
        1,188                                                 (10)
            Trust   (Reit)
            Dream   Industrial      Real   Estate    Investment
                                    Morgan    Stanley
       216,345                                                (3,582)
            Trust   (Reit)
            Dream   Office    Real   Estate    Investment      Trust
                                    Goldman    Sachs
       (25,698)                                                 1,751
            (Reit)
            Dream   Office    Real   Estate    Investment      Trust
                                    Morgan    Stanley
       (91,249)                                                (7,219)
            (Reit)
            Dundee    Corp   ‘A’                 Morgan    Stanley
        28,872                                                 (449)
            Dundee    Precious     Metals    Inc            Goldman    Sachs
        24,348                                                 (605)
            Dundee    Precious     Metals    Inc            Morgan    Stanley
        48,424                                                (3,894)
            ECN  Capital    Corp                 Goldman    Sachs
       (280,655)                                                (38,329)
                                  75/242




                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
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                                                    （米ドル）
            カナダ（続き）
            ECN  Capital    Corp                 Morgan    Stanley
       (187,502)                                                (39,235)
            Element    Fleet   Management      Corp           Morgan    Stanley
       (72,693)                                                (6,212)
            Emera   Inc                    Goldman    Sachs
       (71,297)                                                (32,553)
            Emera   Inc                    Morgan    Stanley
       (53,197)                                                (39,328)
            Empire    Co  Ltd   ‘A’                Morgan    Stanley
        54,564                                               (16,698)
            Enbridge     Inc                   Goldman    Sachs
        1,706                                                 669
            Enbridge     Inc                   Morgan    Stanley
        77,731                                               (58,627)
            Encana    Corp                    Goldman    Sachs
       (48,062)                                                47,100
            Encana    Corp                    Morgan    Stanley
       (74,204)                                                57,975
            Endeavour     Mining    Corp               Goldman    Sachs
       (21,135)                                                22,632
            Endeavour     Mining    Corp               Morgan    Stanley
       (24,275)                                                45,997
            Endeavour     Silver    Corp               Goldman    Sachs
        (5,883)                                                 656
            Endeavour     Silver    Corp               Morgan    Stanley
       (20,561)                                                 3,269
            Enerflex     Ltd                   Goldman    Sachs
        6,386                                               (2,066)
            Enerflex     Ltd                   Morgan    Stanley
        35,658                                               (31,120)
        31,773    Enerplus     Corp                   Goldman    Sachs               (8,145)
            Enerplus     Corp                   Morgan    Stanley
        82,538                                               (44,498)
            Enghouse     Systems    Ltd               Goldman    Sachs
        5,991                                               (16,555)
            Enghouse     Systems    Ltd               Morgan    Stanley
        43,753                                               (38,991)
            Ensign    Energy    Services     Inc            Goldman    Sachs
       (26,763)                                                 7,795
            Ensign    Energy    Services     Inc            Morgan    Stanley
       (44,293)                                                13,091
            Equitable     Group   Inc               Goldman    Sachs
        (5,095)                                                2,273
            Equitable     Group   Inc               Morgan    Stanley
        (5,936)                                                (4,882)
            ERO  Copper    Corp                  Goldman    Sachs
       (44,004)                                                 3,537
            ERO  Copper    Corp                  Morgan    Stanley
       (16,842)                                                11,168
            Essential     Energy    Services     Trust          Morgan    Stanley
        67,346                                                 (151)
            Extendicare      Inc                 Goldman    Sachs
       (13,273)                                                 3,388
            Extendicare      Inc                 Morgan    Stanley
       (65,965)                                                 8,996
            Fairfax    Financial     Holdings     Ltd          Goldman    Sachs
        (1,536)                                                (6,090)
            Fairfax    Financial     Holdings     Ltd          Morgan    Stanley
        (6,722)                                                 (155)
            Fairfax    India   Holdings     Corp   ‘144A’         Morgan    Stanley
       (10,812)                                                (10,163)
            Fiera   Capital    Corp                Morgan    Stanley
        62,506                                               (21,397)
            Finning    International       Inc            Morgan    Stanley
        11,495                                                (5,473)
            First   Capital    Realty    Inc             Goldman    Sachs
       (35,072)                                                (11,644)
       (160,301)      First   Capital    Realty    Inc             Morgan    Stanley               (13,124)
            First   Majestic     Silver    Corp            Goldman    Sachs
       (34,795)                                                22,135
            First   Majestic     Silver    Corp            Morgan    Stanley
       (34,619)                                                27,256
            First   National     Financial     Corp           Morgan    Stanley
        8,608                                                2,888
            First   Quantum    Minerals     Ltd            Goldman    Sachs
       (19,642)                                                18,463
            First   Quantum    Minerals     Ltd            Morgan    Stanley
       (54,735)                                                30,065
            FirstService       Corp                 Goldman    Sachs
        2,472                                                5,954
            FirstService       Corp                 Morgan    Stanley
        13,186                                                39,429
            Fortis    Inc/Canada                    Goldman    Sachs
        38,448                                               (32,480)
            Fortis    Inc/Canada                    Morgan    Stanley
       121,626                                                (58,863)
            Fortuna    Silver    Mines   Inc             Goldman    Sachs
        54,694                                               (12,817)
                                  76/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
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            カナダ（続き）
            Fortuna    Silver    Mines   Inc             Morgan    Stanley
       133,526                                                (40,870)
            Franco-Nevada       Corp                Goldman    Sachs
        2,075                                                3,016
            Franco-Nevada       Corp                Morgan    Stanley
        6,533                                               (18,652)
            Freehold     Royalties     Ltd              Goldman    Sachs
        66,187                                               (35,017)
            Freehold     Royalties     Ltd              Morgan    Stanley
       115,004                                                (72,998)
            Frontera     Energy    Corp               Goldman    Sachs
        60,279                                               (68,312)
            Frontera     Energy    Corp               Morgan    Stanley
        61,919                                               (55,441)
            Genworth     MI  Canada    Inc              Goldman    Sachs
       (24,559)                                                12,438
            Genworth     MI  Canada    Inc              Morgan    Stanley
       (70,179)                                                19,362
            George    Weston    Ltd                Morgan    Stanley
        54,064                                               126,344
            George    Weston    Ltd                Goldman    Sachs
        10,491                                                18,178
            Gibson    Energy    Inc                Goldman    Sachs
       104,049                                                (62,020)
            Gibson    Energy    Inc                Morgan    Stanley
        24,387                                                (9,853)
            Gildan    Activewear      Inc              Morgan    Stanley
        26,669                                                31,278
            Gluskin    Sheff   + Associates      Inc          Morgan    Stanley
        38,738                                                (9,960)
        60,185    Gluskin    Sheff   + Associates      Inc          Goldman    Sachs               (24,116)
            goeasy    Ltd                    Morgan    Stanley
        1,501                                                2,541
            Goldcorp     Inc                   Goldman    Sachs
        7,300                                                 19
            Goldcorp     Inc                   Morgan    Stanley
        19,776                                               (12,713)
            Golden    Star   Resources     Ltd            Goldman    Sachs
        (3,000)                                                 694
            Golden    Star   Resources     Ltd            Morgan    Stanley
       (56,746)                                                 3,854
            Gran   Tierra    Energy    Inc              Goldman    Sachs
        63,835                                               (14,427)
            Gran   Tierra    Energy    Inc              Morgan    Stanley
       156,683                                                (15,714)
            Granite    Real   Estate    Investment      Trust   (Reit)    Goldman    Sachs
        (8,451)                                                8,982
            Granite    Real   Estate    Investment      Trust   (Reit)    Morgan    Stanley
        (8,060)                                                3,437
            Great   Canadian     Gaming    Corp            Goldman    Sachs
        8,663                                                2,221
            Great   Canadian     Gaming    Corp            Morgan    Stanley
        9,209                                               (1,217)
            Great-West      Lifeco    Inc              Goldman    Sachs
       107,336                                                (61,948)
            Great-West      Lifeco    Inc              Morgan    Stanley
        62,323                                               (20,527)
            Green   Organic    Dutchman     Holdings            Goldman    Sachs
       (45,891)                                                10,859
            Guyana    Goldfields      Inc              Goldman    Sachs
        25,794                                                (1,740)
            Guyana    Goldfields      Inc              Morgan    Stanley
        70,639                                                (4,310)
            H&R  Real   Estate    Investment      Trust   (Reit)       Goldman    Sachs
        68,282                                                1,275
            H&R  Real   Estate    Investment      Trust   (Reit)       Morgan    Stanley
        3,192                                                (116)
        48,788    High   Arctic    Energy    Services     Inc         Morgan    Stanley                (6,205)
            High   Liner   Foods   Inc               Morgan    Stanley
       (25,202)                                                 7,891
            Home   Capital    Group   Inc              Goldman    Sachs
       (31,761)                                                  562
            Home   Capital    Group   Inc              Morgan    Stanley
       (17,286)                                                (1,677)
            Horizon    North   Logistics     Inc           Morgan    Stanley
       (248,931)                                                 48,557
            Hudbay    Minerals     Inc               Goldman    Sachs
        52,919                                               (13,853)
            Hudbay    Minerals     Inc               Morgan    Stanley
       156,916                                                (14,628)
            Husky   Energy    Inc                 Goldman    Sachs
       (72,399)                                                117,503
            Husky   Energy    Inc                 Morgan    Stanley
       (57,602)                                                23,020
            Hydro   One  Ltd   ‘144A’                Goldman    Sachs
       (31,648)                                                 (645)
            Hydro   One  Ltd   ‘144A’                Morgan    Stanley
       (167,111)                                                 10,574
                                  77/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            カナダ（続き）
            IAMGOLD    Corp                   Goldman    Sachs
       234,016                                                (12,094)
            IAMGOLD    Corp                   Morgan    Stanley
       260,627                                                (97,156)
            iAnthus    Capital    Holdings     Inc           Morgan    Stanley
        4,730                                                (357)
            IGM  Financial     Inc                Goldman    Sachs
       (61,706)                                                 3,349
            IGM  Financial     Inc                Morgan    Stanley
       (59,694)                                                (14,115)
            Imperial     Oil  Ltd                 Goldman    Sachs
        (8,345)                                                17,845
            Imperial     Oil  Ltd                 Morgan    Stanley
       (37,648)                                                33,908
            Industrial      Alliance     Insurance     & Financial
                                    Goldman    Sachs
        5,900                                               (3,432)
            Services     Inc
            Industrial      Alliance     Insurance     & Financial
                                    Morgan    Stanley
        31,720                                               (13,685)
            Services     Inc
            Innergex     Renewable     Energy    Inc          Goldman    Sachs
       (16,996)                                                (1,047)
            Innergex     Renewable     Energy    Inc          Morgan    Stanley
       (192,670)                                                 (1,216)
            Intact    Financial     Corp               Morgan    Stanley
       (43,394)                                                (41,937)
            Inter   Pipeline     Ltd                Goldman    Sachs
        61,753                                               (75,416)
            Inter   Pipeline     Ltd                Morgan    Stanley
        59,700                                               (41,921)
            Interfor     Corp                   Goldman    Sachs
        46,501                                                6,476
            Interfor     Corp                   Morgan    Stanley
        67,330                                               (39,312)
            Interrent     Real   Estate    Invest    (Reit)         Goldman    Sachs
        1,409                                                 (22)
            Intertape     Polymer    Group   Inc           Goldman    Sachs
       (47,551)                                                55,258
            Intertape     Polymer    Group   Inc           Morgan    Stanley
       (68,620)                                                26,187
            Ivanhoe    Mines   Ltd   ‘A’              Morgan    Stanley
       (171,007)                                                 16,879
            Ivanhoe    Mines   Ltd   ‘A’              Goldman    Sachs
       (139,113)                                                 6,077
            Jamieson     Wellness     Inc              Goldman    Sachs
         579                                               1,019
            Jamieson     Wellness     Inc              Morgan    Stanley
        18,156                                                22,760
            Just   Energy    Group   Inc              Goldman    Sachs
        1,624                                                 577
            Just   Energy    Group   Inc              Morgan    Stanley
        51,175                                                8,686
            Kelt   Exploration      Ltd               Morgan    Stanley
       (168,956)                                                 99,012
            Keyera    Corp                    Goldman    Sachs
       (26,174)                                                19,432
            Keyera    Corp                    Morgan    Stanley
       (79,879)                                                49,701
            Killam    Apartment     Real   Estate    Investment
                                    Goldman    Sachs
        41,517                                                (1,749)
            Trust   (Reit)
            Killam    Apartment     Real   Estate    Investment
                                    Morgan    Stanley
       177,402                                                34,346
            Trust   (Reit)
            Kinaxis    Inc                   Goldman    Sachs
        (9,756)                                               (54,937)
            Kinaxis    Inc                   Morgan    Stanley
       (14,475)                                                (79,027)
        61,421    Kinder    Morgan    Canada    Ltd   ‘144A’          Goldman    Sachs               (17,322)
            Kinder    Morgan    Canada    Ltd   ‘144A’          Morgan    Stanley
        36,762                                                (8,508)
            Kinross    Gold   Corp                 Goldman    Sachs
        32,019                                                6,532
            Kinross    Gold   Corp                 Morgan    Stanley
        66,097                                                (2,196)
            Kirkland     Lake   Gold   Ltd              Goldman    Sachs
        (8,128)                                               (11,806)
            Knight    Therapeutics       Inc             Goldman    Sachs
        12,319                                                 744
            Knight    Therapeutics       Inc             Morgan    Stanley
        74,067                                                (5,553)
            Labrador     Iron   Ore  Royalty    Corp          Goldman    Sachs
        (6,972)                                                24,747
            Labrador     Iron   Ore  Royalty    Corp          Morgan    Stanley
       (24,529)                                                92,682
            Largo   Resources     Ltd               Morgan    Stanley
        55,356                                                8,342
            Laurentian      Bank   of  Canada              Goldman    Sachs
       (21,829)                                                 2,983
                                  78/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
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                                                     （損）
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                                                    （米ドル）
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            Laurentian      Bank   of  Canada              Morgan    Stanley
       (89,205)                                                50,653
            Linamar    Corp                   Goldman    Sachs
        (2,039)                                                3,243
            Linamar    Corp                   Morgan    Stanley
       (35,030)                                                63,450
            Lithium    Americas     Corp               Goldman    Sachs
        11,162                                                (2,328)
            Lithium    Americas     Corp               Morgan    Stanley
        24,270                                                 (574)
            Loblaw    Cos  Ltd                  Goldman    Sachs
       (53,080)                                                (63,097)
            Loblaw    Cos  Ltd                  Morgan    Stanley
       (37,742)                                                (10,462)
            Lucara    Diamond    Corp                Morgan    Stanley
       349,517                                                (19,880)
            Lundin    Mining    Corp                Goldman    Sachs
        78,026                                               (14,396)
            Lundin    Mining    Corp                Morgan    Stanley
       124,609                                                (9,418)
            MAG  Silver    Corp                  Goldman    Sachs
        (2,869)                                                1,566
            MAG  Silver    Corp                  Morgan    Stanley
       (19,755)                                                10,485
            Magna   International       Inc             Goldman    Sachs
        (4,273)                                                1,524
            Magna   International       Inc             Morgan    Stanley
       (27,990)                                                 (384)
            Major   Drilling     Group   International       Inc      Morgan    Stanley
       (17,607)                                                 3,047
        60,109    Manulife     Financial     Corp              Goldman    Sachs               (16,980)
            Manulife     Financial     Corp              Morgan    Stanley
       103,974                                                (13,106)
            Maple   Leaf   Foods   Inc               Goldman    Sachs
        8,100                                               (1,692)
            Maple   Leaf   Foods   Inc               Morgan    Stanley
       109,897                                                (3,479)
            Martinrea     International       Inc           Goldman    Sachs
        34,700                                               (34,483)
            Martinrea     International       Inc           Morgan    Stanley
        60,470                                               (60,663)
            Maxar   Technologies       Ltd              Goldman    Sachs
        (3,517)                                                6,273
            Maxar   Technologies       Ltd              Morgan    Stanley
        (4,335)                                                1,392
            McCoy   Global    Inc                 Morgan    Stanley
        19,197                                                 887
            McEwen    Mining    Inc                Morgan    Stanley
       (36,985)                                                 6,122
            Medical    Facilities      Corp              Goldman    Sachs
        9,873                                                1,324
            Medical    Facilities      Corp              Morgan    Stanley
        6,120                                                (229)
            Methanex     Corp                   Goldman    Sachs
        16,604                                               (73,577)
            Methanex     Corp                   Morgan    Stanley
        9,299                                               (27,821)
            Metro   Inc                    Goldman    Sachs
       (11,293)                                                (15,447)
            Metro   Inc                    Morgan    Stanley
       (86,122)                                                (15,748)
            Morguard     Real   Estate    Investment      Trust   (Reit)    Morgan    Stanley
       (23,753)                                                 3,970
            Morneau    Shepell    Inc               Morgan    Stanley
       115,346                                                (64,748)
            MTY  Food   Group   Inc                Goldman    Sachs
        (1,807)                                                4,673
       (11,207)     MTY  Food   Group   Inc                Morgan    Stanley                 6,104
            Mullen    Group   Ltd                 Goldman    Sachs
        (6,996)                                                5,739
            Mullen    Group   Ltd                 Morgan    Stanley
       (52,505)                                                46,404
            National     Bank   of  Canada               Goldman    Sachs
       (18,897)                                                11,202
            National     Bank   of  Canada               Morgan    Stanley
       (71,855)                                                (1,468)
            Nexa   Resources     SA                Morgan    Stanley
        (7,392)                                                (2,484)
            NexGen    Energy    Ltd                Goldman    Sachs
        29,244                                                (1,332)
            NexGen    Energy    Ltd                Morgan    Stanley
        18,418                                                 (324)
            NFI  Group   Inc                  Goldman    Sachs
        10,036                                                3,593
            NFI  Group   Inc                  Morgan    Stanley
        21,225                                               (11,501)
            Norbord    Inc                   Goldman    Sachs
        23,344                                                17,064
                                  79/242



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                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
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                                                    （米ドル）
            カナダ（続き）
            Norbord    Inc                   Morgan    Stanley
        28,010                                                (8,314)
            North   American     Construction       Group   Ltd      Goldman    Sachs
        4,254                                               (1,090)
            North   American     Construction       Group   Ltd      Morgan    Stanley
        29,868                                                (5,850)
            North   West   Co  Inc/The                Morgan    Stanley
       (65,066)                                                27,485
            Northland     Power   Inc               Goldman    Sachs
        44,811                                                32,990
            Northland     Power   Inc               Morgan    Stanley
       236,860                                                 3,691
            Northview     Apartment     Real   Estate    Investment
                                    Goldman    Sachs
       (16,021)                                                (3,928)
            Trust   (Reit)
            Northview     Apartment     Real   Estate    Investment
                                    Morgan    Stanley
       (61,205)                                                (2,160)
            Trust   (Reit)
            NorthWest     Healthcare      Properties      Real   Estate
                                    Goldman    Sachs
        26,264                                                (7,227)
            Investment      Trust   (Reit)
            NorthWest     Healthcare      Properties      Real   Estate
                                    Morgan    Stanley
        90,532                                               (16,103)
            Investment      Trust   (Reit)
            Novagold     Resources     Inc              Goldman    Sachs
       (22,502)                                                 4,241
            Novagold     Resources     Inc              Morgan    Stanley
       (25,476)                                                 8,954
            Nutrien    Ltd                   Goldman    Sachs
       (18,200)                                                37,715
            Nutrien    Ltd                   Morgan    Stanley
       (14,572)                                                 7,309
            NuVista    Energy    Ltd                Goldman    Sachs
        2,809                                               (1,163)
            NuVista    Energy    Ltd                Morgan    Stanley
       134,453                                                (52,090)
            OceanaGold      Corp                  Goldman    Sachs
        30,446                                                 305
            OceanaGold      Corp                  Morgan    Stanley
        40,720                                                (8,651)
            Onex   Corp                     Morgan    Stanley
        17,196                                               (29,026)
            Open   Text   Corp                  Goldman    Sachs
        28,213                                                33,292
            Open   Text   Corp                  Morgan    Stanley
        14,316                                                8,271
            Osisko    Gold   Royalties     Ltd            Goldman    Sachs
       (10,973)                                                 1,151
            Osisko    Gold   Royalties     Ltd            Morgan    Stanley
       (50,878)                                                21,910
            Painted    Pony   Energy    Ltd             Morgan    Stanley
       (37,965)                                                10,447
            Pan  American     Silver    Corp             Goldman    Sachs
        16,740                                                (4,643)
            Pan  American     Silver    Corp             Morgan    Stanley
        29,460                                               (23,397)
            Paramount     Resources     Ltd   ‘A’           Morgan    Stanley
       (72,310)                                                67,130
            Paramount     Resources     Ltd   ‘A’           Goldman    Sachs
       (30,943)                                                28,992
            Parex   Resources     Inc               Morgan    Stanley
        9,885                                               (7,555)
            Park   Lawn   Corp                  Goldman    Sachs
       (13,699)                                                (4,525)
            Park   Lawn   Corp                  Morgan    Stanley
       (17,496)                                                (4,552)
            Parkland     Fuel   Corp                Goldman    Sachs
        11,665                                                9,694
        16,043    Parkland     Fuel   Corp                Morgan    Stanley                 6,876
            Pason   Systems    Inc                Goldman    Sachs
        19,101                                               (30,001)
            Pason   Systems    Inc                Morgan    Stanley
       126,299                                               (212,012)
            Pattern    Energy    Group   Inc   ‘A’          Morgan    Stanley
       (21,800)                                                (31,379)
            Pattern    Energy    Group   Inc   ‘A’          Goldman    Sachs
        (3,186)                                                (5,182)
            Pembina    Pipeline     Corp               Goldman    Sachs
       (14,265)                                                 6,583
            Pembina    Pipeline     Corp               Morgan    Stanley
       (61,536)                                                12,420
            Peyto   Exploration      & Development      Corp       Morgan    Stanley
       (37,567)                                                38,186
            Peyto   Exploration      & Development      Corp       Goldman    Sachs
       (50,546)                                                44,417
            Poseidon     Concepts     Corp*              Morgan    Stanley
       (26,058)                                                  43
            Power   Corp   of  Canada                Goldman    Sachs
       (78,248)                                                40,115
                                  80/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            カナダ（続き）
            Power   Corp   of  Canada                Morgan    Stanley
       (128,172)                                                 31,813
            Power   Financial     Corp               Goldman    Sachs
       132,027                                                (41,719)
            Power   Financial     Corp               Morgan    Stanley
       129,522                                               (275,070)
            PrairieSky      Royalty    Ltd              Goldman    Sachs
       (26,748)                                                21,275
            PrairieSky      Royalty    Ltd              Morgan    Stanley
       (124,113)                                                175,671
            Premier    Gold   Mines   Ltd              Goldman    Sachs
        20,410                                                (2,631)
            Premier    Gold   Mines   Ltd              Morgan    Stanley
        66,144                                                (7,612)
            Premium    Brands    Holdings     Corp           Goldman    Sachs
        (2,244)                                               (15,202)
            Premium    Brands    Holdings     Corp           Morgan    Stanley
       (12,628)                                                (36,480)
            Pretium    Resources     Inc              Goldman    Sachs
        8,037                                               (5,507)
            Pretium    Resources     Inc              Morgan    Stanley
        15,452                                               (16,306)
            Quebecor     Inc   ‘B’                Morgan    Stanley
       139,758                                                76,796
            Quebecor     Inc   ‘B’                Goldman    Sachs
        29,565                                                7,884
            Recipe    Unlimited     Corp               Goldman    Sachs
        (1,601)                                                (2,621)
            Recipe    Unlimited     Corp               Morgan    Stanley
        (7,151)                                                (3,672)
        (3,625)    Resolute     Forest    Products     Inc           Goldman    Sachs                3,220
            Restaurant      Brands    International       Inc       Goldman    Sachs
        12,803                                                56,603
            Restaurant      Brands    International       Inc       Morgan    Stanley
        2,692                                               10,606
            Richelieu     Hardware     Ltd              Morgan    Stanley
        8,764                                               (1,090)
            RioCan    Real   Estate    Investment      Trust   (Reit)     Morgan    Stanley
       (131,639)                                                 37,759
            Ritchie    Bros   Auctioneers      Inc           Morgan    Stanley
       (22,462)                                                (8,269)
            Rogers    Communications        Inc   ‘B’          Goldman    Sachs
       (46,670)                                                (7,935)
            Rogers    Sugar   Inc                 Goldman    Sachs
       (101,860)                                                 (9,272)
            Rogers    Sugar   Inc                 Morgan    Stanley
       (448,286)                                                (11,711)
            Roots   Corp                    Goldman    Sachs
       (32,682)                                                (7,844)
            Roots   Corp                    Morgan    Stanley
       (13,535)                                                (1,768)
            Royal   Bank   of  Canada                Morgan    Stanley
        1,045                                                1,494
            Russel    Metals    Inc                Goldman    Sachs
        19,248                                               (26,974)
            Russel    Metals    Inc                Morgan    Stanley
        32,322                                               (38,847)
            Sandstorm     Gold   Ltd                Goldman    Sachs
        26,963                                                6,953
            Sandstorm     Gold   Ltd                Morgan    Stanley
        85,112                                                (6,742)
            Saputo    Inc                    Goldman    Sachs
       (36,822)                                                (21,387)
            Saputo    Inc                    Morgan    Stanley
       (98,568)                                                (23,430)
            Savaria    Corp                   Goldman    Sachs
       (14,680)                                                (1,289)
       (38,798)     Savaria    Corp                   Morgan    Stanley                 1,982
            Seabridge     Gold   Inc                Goldman    Sachs
        (5,870)                                                2,920
            Seabridge     Gold   Inc                Morgan    Stanley
        (5,211)                                                1,850
            Sears   Canada    Inc                 Morgan    Stanley
        12,100                                                (5,633)
            Secure    Energy    Services     Inc            Morgan    Stanley
        89,655                                               (61,632)
            SEMAFO    Inc                    Goldman    Sachs
       (71,285)                                                 9,309
            SEMAFO    Inc                    Morgan    Stanley
       (203,099)                                                 45,401
            Seven   Generations      Energy    Ltd   ‘A’        Goldman    Sachs
        6,924                                               (12,011)
            Seven   Generations      Energy    Ltd   ‘A’        Morgan    Stanley
        46,030                                               (71,935)
            Shaw   Communications        Inc   ‘B’           Morgan    Stanley
       (120,365)                                                 34,946
            Shaw   Communications        Inc   ‘B’           Goldman    Sachs
       (98,845)                                                 5,025
                                  81/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            カナダ（続き）
            ShawCor    Ltd                   Goldman    Sachs
       (41,764)                                                48,279
            ShawCor    Ltd                   Morgan    Stanley
       (42,422)                                                21,922
            Shopify    Inc   ‘A’                 Morgan    Stanley
        (4,549)                                               (78,122)
            Shopify    Inc   ‘A’                 Goldman    Sachs
        (1,552)                                                (1,734)
            Sienna    Senior    Living    Inc             Goldman    Sachs
        6,552                                                 (93)
            Sienna    Senior    Living    Inc             Morgan    Stanley
        26,745                                                 679
            Sierra    Wireless     Inc               Goldman    Sachs
        (3,561)                                                1,026
            Sierra    Wireless     Inc               Morgan    Stanley
       (16,016)                                                (4,197)
            Silvercorp      Metals    Inc              Goldman    Sachs
        47,859                                                (2,101)
            Silvercorp      Metals    Inc              Morgan    Stanley
       171,575                                                (16,978)
            Slate   Office    REIT   (Reit)              Morgan    Stanley
       (82,173)                                                 9,798
            Slate   Retail    REIT   (Unit)              Morgan    Stanley
        49,531                                               (10,433)
            Sleep   Country    Canada    Holdings     Inc   ‘144A’      Goldman    Sachs
        21,677                                                15,065
            Sleep   Country    Canada    Holdings     Inc   ‘144A’      Morgan    Stanley
        30,172                                                14,126
            SmartCentres       Real   Estate    Investment      Trust
                                    Goldman    Sachs
       (18,645)                                                 3,387
            (Reit)
            SmartCentres       Real   Estate    Investment      Trust
                                    Morgan    Stanley
       (99,281)                                                (5,027)
            (Reit)
            SNC-Lavalin      Group   Inc              Goldman    Sachs
        (7,270)                                               (11,535)
            SNC-Lavalin      Group   Inc              Morgan    Stanley
       (102,762)                                                 41,364
            Spin   Master    Corp   ‘144A’              Morgan    Stanley
        4,496                                               (7,617)
            Spin   Master    Corp   ‘144A’              Goldman    Sachs
        10,495                                               (45,987)
            Sprott    Inc                    Goldman    Sachs
       198,514                                                (49,180)
            Sprott    Inc                    Morgan    Stanley
       159,362                                                (74,053)
            SSR  Mining    Inc                  Morgan    Stanley
       (21,214)                                                16,596
            Stantec    Inc                   Goldman    Sachs
        (4,660)                                                (2,035)
            Stantec    Inc                   Morgan    Stanley
       (110,718)                                                 (2,050)
            Stars   Group   Inc/The                 Goldman    Sachs
        7,210                                               16,934
            Stars   Group   Inc/The                 Morgan    Stanley
        11,021                                                6,085
            Stelco    Holdings     Inc               Goldman    Sachs
       (25,536)                                                33,270
            Stelco    Holdings     Inc               Morgan    Stanley
       (53,258)                                                96,863
            Stella-Jones       Inc                 Goldman    Sachs
       (30,170)                                                  22
            Stella-Jones       Inc                 Morgan    Stanley
       (25,696)                                                 4,172
            STEP   Energy    Services     Ltd   ‘144A’          Goldman    Sachs
        14,872                                                (4,252)
        26,849    STEP   Energy    Services     Ltd   ‘144A’          Morgan    Stanley               (31,842)
            Summit    Industrial      Income    REIT   (Reit)        Goldman    Sachs
        1,782                                                 (82)
            Summit    Industrial      Income    REIT   (Reit)        Morgan    Stanley
       153,897                                                (15,191)
            Sun  Life   Financial     Inc              Goldman    Sachs
        11,844                                                (4,565)
            Sun  Life   Financial     Inc              Morgan    Stanley
        25,452                                                1,712
            Suncor    Energy    Inc                Goldman    Sachs
       (23,422)                                                26,265
            SunOpta    Inc                   Morgan    Stanley
       (34,333)                                                (25,401)
            Superior     Plus   Corp                Goldman    Sachs
       234,601                                                (37,931)
            Superior     Plus   Corp                Morgan    Stanley
       172,423                                                (17,600)
            Supremex     Inc                   Morgan    Stanley
        1,849                                                (501)
            Surge   Energy    Inc                 Morgan    Stanley
       (187,938)                                                 30,198
            Tamarack     Valley    Energy    Ltd            Goldman    Sachs
        68,813                                               (17,458)
                                  82/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            カナダ（続き）
            Tamarack     Valley    Energy    Ltd            Morgan    Stanley
        19,718                                                (1,909)
            Teck   Resources     Ltd   ‘B’             Morgan    Stanley
        (7,056)                                                1,939
            Teck   Resources     Ltd   ‘B’             Goldman    Sachs
       (29,456)                                                58,776
            TELUS   Corp                    Goldman    Sachs
        70,866                                                63,905
            TELUS   Corp                    Morgan    Stanley
        71,846                                                3,407
            Teranga    Gold   Corp                 Goldman    Sachs
        20,280                                                (1,663)
            Teranga    Gold   Corp                 Morgan    Stanley
        39,704                                                (3,515)
            Tervita    Corp                   Morgan    Stanley
        31,787                                                (2,065)
            TFI  International       Inc              Goldman    Sachs
        6,843                                               (2,480)
            TFI  International       Inc              Morgan    Stanley
        52,706                                               (32,530)
            Thomson    Reuters    Corp               Goldman    Sachs
       (24,392)                                                44,708
            Thomson    Reuters    Corp               Morgan    Stanley
       (52,684)                                                165,378
            Timbercreek      Financial     Corp            Morgan    Stanley
       143,157                                                (9,199)
            TMAC   Resources     Inc                Morgan    Stanley
        (6,531)                                                 (114)
            TMX  Group   Ltd                  Goldman    Sachs
       (19,826)                                                28,753
       (21,047)     TMX  Group   Ltd                  Morgan    Stanley                15,929
            TORC   Oil  & Gas  Ltd                Morgan    Stanley
       330,835                                                (82,288)
            TORC   Oil  & Gas  Ltd                Goldman    Sachs
       125,912                                                (15,578)
            Torex   Gold   Resources     Inc             Morgan    Stanley
        (7,838)                                                7,848
            Toromont     Industries      Ltd             Goldman    Sachs
        11,637                                               (10,684)
            Toromont     Industries      Ltd             Morgan    Stanley
        44,775                                               (37,773)
            Toronto-Dominion         Bank/The               Goldman    Sachs
        61,146                                                (3,837)
            Toronto-Dominion         Bank/The               Morgan    Stanley
        36,208                                                48,770
            Tourmaline      Oil  Corp                Morgan    Stanley
        79,398                                               (154,065)
            TransAlta     Corp                  Morgan    Stanley
       (74,213)                                                17,488
            TransAlta     Renewables      Inc             Goldman    Sachs
        43,192                                                (7,457)
            TransAlta     Renewables      Inc             Morgan    Stanley
        99,337                                               (18,047)
            TransCanada      Corp                 Goldman    Sachs
       (29,305)                                                (27,663)
            TransCanada      Corp                 Morgan    Stanley
       (29,794)                                                 3,339
            Transcontinental         Inc   ‘A’            Morgan    Stanley
       (45,258)                                                10,930
            Transcontinental         Inc   ‘A’            Goldman    Sachs
       (12,510)                                                  170
            Trican    Well   Service    Ltd             Morgan    Stanley
       238,872                                                (5,462)
            Tricon    Capital    Group   Inc             Morgan    Stanley
       (234,652)                                                 27,172
            Tucows    Inc   ‘A’                 Morgan    Stanley
        2,477                                                9,559
         812   Tucows    Inc   ‘A’                 Goldman    Sachs                2,197
            Turquoise     Hill   Resources     Ltd           Goldman    Sachs
       (26,232)                                                  712
            Turquoise     Hill   Resources     Ltd           Morgan    Stanley
       (236,053)                                                 29,144
            Uni-Select      Inc                  Goldman    Sachs
       (57,603)                                                47,932
            Uni-Select      Inc                  Morgan    Stanley
       (17,449)                                                13,775
            Uranium    Participation       Corp            Morgan    Stanley
       (162,197)                                                 26,871
            Valener    Inc                   Morgan    Stanley
       (119,316)                                                (34,868)
            Valener    Inc                   Goldman    Sachs
       (60,015)                                                (18,484)
            Valeura    Energy    Inc                Goldman    Sachs
        36,038                                                12,103
            Vermilion     Energy    Inc               Morgan    Stanley
       (27,907)                                                28,265
            Vermilion     Energy    Inc               Goldman    Sachs
       (10,288)                                                 1,272
                                  83/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            カナダ（続き）
            Wajax   Corp                    Goldman    Sachs
        1,245                                               (2,203)
            Wajax   Corp                    Morgan    Stanley
        7,303                                               (11,717)
            Waste   Connections      Inc              Goldman    Sachs
        9,990                                               26,825
            Waste   Connections      Inc              Morgan    Stanley
        14,789                                                49,142
            Wesdome    Gold   Mines   Ltd              Morgan    Stanley
        47,581                                                (7,031)
            West   Fraser    Timber    Co  Ltd            Goldman    Sachs
        (5,158)                                                (9,056)
            West   Fraser    Timber    Co  Ltd            Morgan    Stanley
        (6,684)                                                11,482
            Western    Forest    Products     Inc           Goldman    Sachs
        13,594                                                 (342)
            Western    Forest    Products     Inc           Morgan    Stanley
        74,237                                                (9,283)
            WestJet    Airlines     Ltd               Morgan    Stanley
       (132,873)                                                (119,119)
            Westport     Fuel   Systems    Inc            Goldman    Sachs
         (400)                                                 36
            Westport     Fuel   Systems    Inc            Morgan    Stanley
       (14,973)                                                  595
            Westshore     Terminals     Investment      Corp        Morgan    Stanley
       (35,612)                                                30,476
            Wheaton    Precious     Metals    Corp           Goldman    Sachs
       (35,983)                                                18,089
            Wheaton    Precious     Metals    Corp           Morgan    Stanley
       (10,450)                                                 3,322
       171,066     Whitecap     Resources     Inc              Morgan    Stanley               (121,288)
            Winpak    Ltd                    Goldman    Sachs
       (14,453)                                                12,405
            Winpak    Ltd                    Morgan    Stanley
       (50,120)                                                (9,933)
            WPT  Industrial      Real   Estate    Investment      Trust
                                    Morgan    Stanley
        96,956                                                28,117
            (Reit)
            WSP  Global    Inc                  Goldman    Sachs
        29,055                                                (4,226)
            WSP  Global    Inc                  Morgan    Stanley
        17,332                                               (16,096)
            Yamana    Gold   Inc                 Goldman    Sachs
        39,557                                                (3,269)
            Yamana    Gold   Inc                 Morgan    Stanley
       101,135                                                (50,814)
            Zymeworks     Inc                  Goldman    Sachs
        5,084                                                3,282
            Zymeworks     Inc                  Morgan    Stanley                40,831
        30,971
                                                      (533,462)
            チリ
            AES  Gener   SA                  Morgan    Stanley
      1,976,581                                                 (34,740)
            Aguas   Andinas    SA  ‘A’              Morgan    Stanley
       673,262                                                 6,119
            Banco   de  Chile                   Morgan    Stanley
      7,410,843                                                  5,706
            Banco   de  Credito    e Inversiones      SA        Morgan    Stanley
        2,780                                               (6,438)
            BCI  (Right)                      Morgan    Stanley
         213                                                793
            CAP  SA                      Morgan    Stanley
        47,828                                               (28,229)
            Cia  Cervecerias      Unidas    SA            Morgan    Stanley
       139,845                                                (28,981)
            Colbun    SA                    Morgan    Stanley
      3,155,407                                                  2,392
            Embotelladora       Andina    SA  (Pref)           Morgan    Stanley
       246,902                                                 7,916
            Empresas     CMPC   SA                Morgan    Stanley
       725,398                                               (131,619)
            Empresas     COPEC   SA                Morgan    Stanley
        52,074                                               (36,515)
            Engie   Energia    Chile   SA             Morgan    Stanley
        12,445                                                 (193)
            Inversiones      Aguas   Metropolitanas        SA       Morgan    Stanley
       176,170                                                  372
            Inversiones      La  Construccion       SA         Morgan    Stanley
        90,764                                               (17,247)
            Parque    Arauco    SA                Morgan    Stanley
      1,010,678                                                 27,017
            Ripley    Corp   SA                 Morgan    Stanley
      2,335,816                                                 (26,680)
            Salfacorp     SA                  Morgan    Stanley
       500,321                                                17,912
            Sociedad     Matriz    del  Banco   de  Chile   SA  ‘B’   Morgan    Stanley
       123,558                                                 (438)
                                  84/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            チリ(続き)
            SONDA   SA                    Morgan    Stanley
      1,193,855                                                   870
                                                      (241,983)
            コロンビア
            Avianca    Holdings     SA  (Pref)             Morgan    Stanley
       499,610                                                (18,244)
            Ecopetrol     SA                  Morgan    Stanley               (142,654)
      3,899,763
                                                      (160,898)
            メキシコ
            Alfa   SAB  de  CV  ‘A’               Goldman    Sachs
      1,938,375                                                 (59,182)
            Alfa   SAB  de  CV  ‘A’               Morgan    Stanley
      4,662,864                                                (270,959)
            Alpek   SAB  de  CV                 Morgan    Stanley
      1,301,533                                                (125,633)
            Alpek   SAB  de  CV                 Goldman    Sachs
       863,641                                               (128,151)
            America    Movil   SAB  de  CV  ‘L’           Goldman    Sachs
       808,860                                                15,039
            America    Movil   SAB  de  CV  ‘L’           Morgan    Stanley
       196,539                                                 3,388
            Arca   Continental      SAB  de  CV           Goldman    Sachs
       (362,476)                                                (45,205)
            Arca   Continental      SAB  de  CV           Morgan    Stanley
       (869,762)                                                 11,251
       (453,751)      Axtel   SAB  de  CV  (Unit)               Goldman    Sachs                 (884)
            Axtel   SAB  de  CV  (Unit)               Morgan    Stanley
      (3,211,328)                                                  (4,162)
            Banco   del  Bajio   SA  ‘144A’             Goldman    Sachs
       (145,830)                                                 7,972
            Banco   del  Bajio   SA  ‘144A’             Morgan    Stanley
       (892,674)                                                 51,569
            Banco   Santander     Mexico    SA  Institucion      de
                                    Morgan    Stanley
       242,300     Banca   Multiple     Grupo   Financiero      Santand     ‘B                      (87,124)
             ’
            Banco   Santander     Mexico    SA  Institucion      de
                                    Goldman    Sachs
       719,075     Banca   Multiple     Grupo   Financiero      Santand     ‘B                     (202,042)
             ’
            Becle   SAB  de  CV                 Goldman    Sachs
       (127,301)                                                (13,048)
            Becle   SAB  de  CV                 Morgan    Stanley
      (5,571,067)                                                 (445,541)
            Bolsa   Mexicana     de  Valores    SAB  de  CV       Goldman    Sachs
       (459,842)                                                (48,694)
            Bolsa   Mexicana     de  Valores    SAB  de  CV       Morgan    Stanley
       (22,907)                                                (1,651)
            Cemex   SAB  de  CV  (Unit)               Goldman    Sachs
      2,321,847                                                 26,111
            Cemex   SAB  de  CV  (Unit)               Morgan    Stanley
       636,249                                                34,989
            Coca-Cola     Femsa   SAB  de  CV  ‘L’          Morgan    Stanley
       (29,539)                                                (1,136)
       (70,672)     Coca-Cola     Femsa   SAB  de  CV  ‘L’          Goldman    Sachs               (21,506)
            Concentradora       Fibra   Danhos    SA  de  CV  (Reit)     Goldman    Sachs
       526,408                                                (29,005)
            Concentradora       Fibra   Danhos    SA  de  CV  (Reit)     Morgan    Stanley
       465,688                                                 2,632
            Concentradora       Fibra   Hotelera     Mexicana     SA  de
                                    Goldman    Sachs
       (279,937)                                                 (4,110)
            CV  (Reit)    ‘144A’
            Concentradora       Fibra   Hotelera     Mexicana     SA  de
                                    Morgan    Stanley
       (340,449)                                                 (1,616)
            CV  (Reit)    ‘144A’
            Concentradora       Hipotecaria      SAPI   de  CV  (Reit)    Morgan    Stanley
       (331,879)                                                 16,959
            Consorcio     ARA  SAB  de  CV             Goldman    Sachs
      1,129,471                                                  (583)
            Consorcio     ARA  SAB  de  CV             Morgan    Stanley
       969,388                                                15,118
            Controladora       Vuela   Cia  de  Aviacion     SAB  de  CV
                                    Goldman    Sachs
       (169,600)                                                 (3,321)
             ‘A’
            Controladora       Vuela   Cia  de  Aviacion     SAB  de  CV
                                    Morgan    Stanley
       (653,900)                                                (35,254)
             ‘A’
            Corp   Inmobiliaria       Vesta   SAB  de  CV        Goldman    Sachs
        43,500                                                 572
            Corp   Inmobiliaria       Vesta   SAB  de  CV        Morgan    Stanley
       147,600                                                 5,895
                                  85/242




                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            メキシコ（続き）
            Credito    Real   SAB  de  CV  SOFOM   ER         Goldman    Sachs
       242,400                                                (17,397)
            Credito    Real   SAB  de  CV  SOFOM   ER         Morgan    Stanley
       490,960                                                (26,741)
            Fibra   Uno  Administracion        SA  de  CV  (Reit)      Goldman    Sachs
        27,500                                                (1,070)
            Fomento    Economico     Mexicano     SAB  de  CV  (Unit)    Morgan    Stanley
       124,300                                                (6,346)
            Fomento    Economico     Mexicano     SAB  de  CV  (Unit)    Goldman    Sachs
        81,957                                                23,675
            Genomma    Lab  Internacional       SAB  de  CV  ‘B’    Goldman    Sachs
       (295,562)                                                  (854)
            Genomma    Lab  Internacional       SAB  de  CV  ‘B’    Morgan    Stanley
       (554,199)                                                (19,006)
            Gentera    SAB  de  CV                Goldman    Sachs
       (287,202)                                                 17,362
            Gentera    SAB  de  CV                Morgan    Stanley
      (1,230,820)                                                 (19,294)
            GMexico    Transportes      SAB  de  CV  ‘144A’        Goldman    Sachs
       (542,620)                                                 39,753
            GMexico    Transportes      SAB  de  CV  ‘144A’        Morgan    Stanley
      (1,123,591)                                                 (55,229)
            Gruma   SAB  de  CV  ‘B’               Morgan    Stanley
       116,557                                                (29,196)
            Gruma   SAB  de  CV  ‘B’               Goldman    Sachs
        79,119                                                (4,510)
            Grupo   Aeromexico      SAB  de  CV           Morgan    Stanley
       194,395                                                 5,144
            Grupo   Aeromexico      SAB  de  CV           Goldman    Sachs
       172,203                                                 6,576
            Grupo   Aeroportuario       del  Centro    Norte   SAB  de
                                    Morgan    Stanley
       147,815                                                 2,728
            CV
            Grupo   Aeroportuario       del  Centro    Norte   SAB  de
                                    Goldman    Sachs
       243,815                                                (40,043)
            CV
            Grupo   Aeroportuario       del  Pacifico     SAB  de  CV
                                    Morgan    Stanley
       215,834                                                (41,386)
             ‘B’
            Grupo   Aeroportuario       del  Pacifico     SAB  de  CV
                                    Goldman    Sachs
        72,433                                               (16,227)
             ‘B’
            Grupo   Aeroportuario       del  Sureste    SAB  de  CV  ‘
                                    Goldman    Sachs
        (3,040)                                                2,437
            B’
            Grupo   Aeroportuario       del  Sureste    SAB  de  CV  ‘
                                    Morgan    Stanley
       (29,600)                                                 9,281
            B’
            Grupo   Bimbo   SAB  de  CV  ‘A’            Goldman    Sachs
       (655,263)                                                (61,973)
            Grupo   Bimbo   SAB  de  CV  ‘A’            Morgan    Stanley
      (2,573,294)                                                 (121,686)
            Grupo   Carso   SAB  de  CV              Goldman    Sachs
       198,368                                                44,352
            Grupo   Carso   SAB  de  CV              Morgan    Stanley
        64,445                                                13,686
            Grupo   Cementos     de  Chihuahua     SAB  de  CV      Goldman    Sachs
        (7,400)                                                 (44)
            Grupo   Cementos     de  Chihuahua     SAB  de  CV      Morgan    Stanley
       (18,500)                                                  965
            Grupo   Comercial     Chedraui     SA  de  CV        Goldman    Sachs
       461,897                                                35,522
            Grupo   Comercial     Chedraui     SA  de  CV        Morgan    Stanley
       571,374                                                (11,254)
            Grupo   Elektra    SAB  DE  CV             Goldman    Sachs
        (9,732)                                               (33,730)
            Grupo   Elektra    SAB  DE  CV             Morgan    Stanley
       (64,988)                                               (144,153)
            Grupo   Financiero      Banorte    SAB  de  CV  ‘O’     Goldman    Sachs
       339,480                                                (72,979)
            Grupo   Financiero      Banorte    SAB  de  CV  ‘O’     Morgan    Stanley
       606,621                                               (149,325)
            Grupo   Financiero      Inbursa    SAB  de  CV  ‘O’     Goldman    Sachs
      (1,339,764)                                                 (53,115)
            Grupo   Financiero      Inbursa    SAB  de  CV  ‘O’     Morgan    Stanley
       (56,492)                                                 (369)
            Grupo   GICSA   SAB  de  CV              Goldman    Sachs
       (124,157)                                                 3,478
            Grupo   GICSA   SAB  de  CV              Morgan    Stanley
       (330,808)                                                 5,392
            Grupo   Herdez    SAB  de  CV             Goldman    Sachs
       (670,944)                                                (148,437)
            Grupo   Herdez    SAB  de  CV             Morgan    Stanley
        (4,098)                                                 (293)
            Grupo   Lala   SAB  de  CV              Goldman    Sachs
      (1,995,312)                                                 (163,430)
            Grupo   Lala   SAB  de  CV              Morgan    Stanley
      (2,360,431)                                                 (152,427)
            Grupo   Mexico    SAB  de  CV  ‘B’           Goldman    Sachs
       (326,300)                                                 36,908
                                  86/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            メキシコ（続き）
            Grupo   Mexico    SAB  de  CV  ‘B’           Morgan    Stanley
       (994,300)                                                (100,517)
            Grupo   Rotoplas     SAB  de  CV            Goldman    Sachs
       (277,315)                                                 (4,467)
            Grupo   Rotoplas     SAB  de  CV            Morgan    Stanley
       (410,550)                                                 7,498
            Grupo   Televisa     SAB  (Unit)              Goldman    Sachs
       (31,100)                                                 1,642
            Grupo   Televisa     SAB  (Unit)              Morgan    Stanley
       (559,153)                                                 61,950
            Hoteles    City   Express    SAB  de  CV         Morgan    Stanley
      (1,415,871)                                                 (175,568)
            Hoteles    City   Express    SAB  de  CV         Goldman    Sachs
       (180,465)                                                (13,713)
            Industrias      Bachoco    SAB  de  CV  ‘B’        Goldman    Sachs
       226,044                                                20,348
            Industrias      Bachoco    SAB  de  CV  ‘B’        Morgan    Stanley
       454,077                                                33,693
            Industrias      Penoles    SAB  de  CV          Goldman    Sachs
        61,268                                               (37,967)
            Industrias      Penoles    SAB  de  CV          Morgan    Stanley
        34,258                                                7,622
            Infraestructura        Energetica      Nova   SAB  de  CV   Morgan    Stanley
      (1,889,046)                                                 (384,795)
            Infraestructura        Energetica      Nova   SAB  de  CV   Goldman    Sachs
       (73,354)                                                (14,848)
            Kimberly-Clark        de  Mexico    SAB  de  CV  ‘A’     Goldman    Sachs
       211,700                                                 7,454
            Kimberly-Clark        de  Mexico    SAB  de  CV  ‘A’     Morgan    Stanley
       314,900                                                18,294
       (92,774)     La  Comer   SAB  de  CV               Goldman    Sachs                2,241
            La  Comer   SAB  de  CV               Morgan    Stanley
      (1,653,140)                                                  18,748
            Macquarie     Mexico    Real   Estate    Management      SA
                                    Goldman    Sachs
      2,238,922                                                (169,468)
            de  CV  (Reit)
            Macquarie     Mexico    Real   Estate    Management      SA
                                    Morgan    Stanley
      1,022,695                                                 (55,923)
            de  CV  (Reit)
            Megacable     Holdings     SAB  de  CV  (Unit)         Morgan    Stanley
       535,117                                                (86,609)
            Megacable     Holdings     SAB  de  CV  (Unit)         Goldman    Sachs
       358,711                                                (80,283)
            Mexichem     SAB  de  CV               Goldman    Sachs
       172,800                                                (23,453)
            Mexichem     SAB  de  CV               Morgan    Stanley
       567,351                                                (24,550)
            Nemak   SAB  de  CV  ‘144A’               Morgan    Stanley
       (941,948)                                                 25,228
            Nemak   SAB  de  CV  ‘144A’               Goldman    Sachs
       (37,100)                                                 1,059
            PLA  Administradora        Industrial      S de  RL  de  CV
                                    Goldman    Sachs
       794,960                                                 5,373
            (Reit)
            PLA  Administradora        Industrial      S de  RL  de  CV
                                    Morgan    Stanley
      1,054,616                                                 36,958
            (Reit)
            Prologis     Property     Mexico    SA  de  CV  (Reit)      Goldman    Sachs
       454,059                                                (34,178)
            Prologis     Property     Mexico    SA  de  CV  (Reit)      Morgan    Stanley
       813,601                                                (32,426)
            Promotora     y Operadora     de  Infraestructura        SAB
                                    Goldman    Sachs
       214,874                                                (72,335)
            de  CV
            Promotora     y Operadora     de  Infraestructura        SAB
                                    Morgan    Stanley
       218,247                                                (27,875)
            de  CV
            Qualitas     Controladora       SAB  de  CV         Goldman    Sachs
       (117,276)                                                 (6,944)
            Qualitas     Controladora       SAB  de  CV         Morgan    Stanley
       (382,479)                                                (21,127)
            Rassini    SAB  de  CV                Morgan    Stanley
        23,693                                                1,683
            Rassini    SAB  de  CV                Goldman    Sachs
       101,945                                                 1,213
       (996,259)      Regional     SAB  de  CV               Morgan    Stanley                93,019
            Regional     SAB  de  CV               Goldman    Sachs
       (275,901)                                                 52,804
            Telesites     SAB  de  CV               Morgan    Stanley
      (2,713,868)                                                  42,258
            Telesites     SAB  de  CV               Goldman    Sachs
      (1,500,328)                                                 (57,368)
            TV  Azteca    SAB  de  CV  (Unit)             Goldman    Sachs
       (463,125)                                                 (4,543)
            TV  Azteca    SAB  de  CV  (Unit)             Morgan    Stanley
      (2,083,554)                                                 (18,500)
            Unifin    Financiera      SAB  de  CV  SOFOM   ENR      Morgan    Stanley
       (55,688)                                                (3,413)
                                  87/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            メキシコ（続き）
            Wal-Mart     de  Mexico    SAB  de  CV          Goldman    Sachs
       530,700                                                37,660
            Wal-Mart     de  Mexico    SAB  de  CV          Morgan    Stanley               (142,245)
      2,534,514
                                                     (3,596,937)
            ペルー
            Credicorp     Ltd                  Morgan    Stanley
         447                                               (134)
            Tahoe   Resources     Inc*               Morgan    Stanley
        7,452                                                (149)
            Volcan    Cia  Minera    SAA   ‘B’            Morgan    Stanley                 2,816
       537,685
                                                        2,533
            米国
            1-800-Flowers.com         Inc   ‘A’            Bank   of  America    Merrill    Lynch
       (112,086)                                                 23,538
            1st  Source    Corp                  Bank   of  America    Merrill    Lynch
       (12,376)                                                (2,599)
            1st  Source    Corp                  Goldman    Sachs
        (3,828)                                                (1,089)
            2U  Inc                      Goldman    Sachs
        1,985                                                8,158
            2U  Inc                      Morgan    Stanley
        9,300                                               68,076
            2U  Inc                      Bank   of  America    Merrill    Lynch
       (16,518)                                                (67,889)
        (8,791)    3D  Systems    Corp                  Morgan    Stanley                (1,582)
            3M  Co                      Morgan    Stanley
        (2,626)                                               (22,925)
            8x8  Inc                      Bank   of  America    Merrill    Lynch
        8,412                                                7,234
            8x8  Inc                      Morgan    Stanley
        6,345                                               10,342
            8x8  Inc                      Goldman    Sachs
        3,104                                                2,669
            A.  Schulman     Inc  CVR  COM*             Bank   of  America    Merrill    Lynch
       (126,670)                                                (241,940)
            A10  Networks     Inc                 Bank   of  America    Merrill    Lynch
       357,433                                                14,297
            AAON   Inc                     Goldman    Sachs
       (21,135)                                                61,080
            AAON   Inc                     Morgan    Stanley
       (11,365)                                                (6,705)
            AAON   Inc                     Bank   of  America    Merrill    Lynch
       (93,450)                                                270,071
            Aaron’s     Inc                   Morgan    Stanley
        10,086                                                (2,483)
            Aaron’s     Inc                   Bank   of  America    Merrill    Lynch
        17,415                                               (34,482)
            Aaron’s     Inc                   Goldman    Sachs
        16,633                                                (7,742)
            Abbott    Laboratories                    Bank   of  America    Merrill    Lynch
        29,186                                                92,520
            AbbVie    Inc                    Bank   of  America    Merrill    Lynch
        17,610                                                2,465
            Abeona    Therapeutics       Inc             Morgan    Stanley
       (27,602)                                                 4,692
            Abeona    Therapeutics       Inc             Goldman    Sachs
       (31,888)                                                 4,464
            Abeona    Therapeutics       Inc             Bank   of  America    Merrill    Lynch
        (8,368)                                                1,172
            Abercrombie      & Fitch   Co  ‘A’           Goldman    Sachs
        (2,155)                                                (7,133)
       (69,893)     Abercrombie      & Fitch   Co  ‘A’           Morgan    Stanley               (336,185)
            Abercrombie      & Fitch   Co  ‘A’           Bank   of  America    Merrill    Lynch
       (62,869)                                               (208,096)
            Abiomed    Inc                   Morgan    Stanley
        2,653                                               83,959
            ABM  Industries      Inc                Morgan    Stanley
       (28,913)                                                (36,720)
       (146,330)      ABM  Industries      Inc                Bank   of  America    Merrill    Lynch       (79,018)
            ABM  Industries      Inc                Goldman    Sachs
       (18,299)                                                (9,881)
            Abraxas    Petroleum     Corp              Goldman    Sachs
        7,404                                                (963)
            Abraxas    Petroleum     Corp              Bank   of  America    Merrill    Lynch
        15,984                                                (2,078)
            Acacia    Communications        Inc            Goldman    Sachs
        (3,872)                                                10,958
            Acacia    Communications        Inc            Bank   of  America    Merrill    Lynch
       (11,162)                                                31,588
            Acacia    Communications        Inc            Morgan    Stanley
       (21,934)                                                33,120
                                  88/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Acacia    Research     Corp               Bank   of  America    Merrill    Lynch
       (37,756)                                                 (378)
            Acacia    Research     Corp               Goldman    Sachs
        (2,401)                                                 (24)
            Acacia    Research     Corp               Morgan    Stanley
        (9,042)                                                 (633)
            Acadia    Healthcare      Co  Inc             Goldman    Sachs
        3,492                                               (14,247)
            Acadia    Realty    Trust   (Reit)             Goldman    Sachs
        25,734                                                12,638
            Acadia    Realty    Trust   (Reit)             Morgan    Stanley
        18,754                                                12,391
            Accelerate      Diagnostics      Inc            Bank   of  America    Merrill    Lynch
        (2,002)                                                 921
            Accelerate      Diagnostics      Inc            Morgan    Stanley
       (20,090)                                                (9,643)
            Acceleron     Pharma    Inc               Bank   of  America    Merrill    Lynch
       (36,321)                                                (87,897)
            Accenture     Plc   ‘A’                Goldman    Sachs
        3,553                                               11,704
            Accenture     Plc   ‘A’                Morgan    Stanley
        5,089                                               22,327
            Accenture     Plc   ‘A’                Bank   of  America    Merrill    Lynch
        (5,497)                                                2,144
            Access    National     Corp               Bank   of  America    Merrill    Lynch
       (123,063)                                                 13,537
            Access    National     Corp               Goldman    Sachs
       (11,311)                                                 1,244
            Access    National     Corp               Morgan    Stanley
        (9,719)                                                (4,762)
            ACCO   Brands    Corp                 Goldman    Sachs
        31,989                                                (5,758)
            ACCO   Brands    Corp                 Bank   of  America    Merrill    Lynch
        15,237                                                (2,743)
            ACCO   Brands    Corp                 Morgan    Stanley
       108,777                                                 8,702
            Accuray    Inc                   Bank   of  America    Merrill    Lynch
        88,641                                               (46,980)
            Accuray    Inc                   Goldman    Sachs
       219,266                                               (116,211)
            Acer   Therapeutics       Inc              Morgan    Stanley
        (8,813)                                                17,273
            ACI  Worldwide     Inc                Goldman    Sachs
       (11,442)                                                 2,746
            ACI  Worldwide     Inc                Bank   of  America    Merrill    Lynch
        (1,659)                                                 398
            ACI  Worldwide     Inc                Morgan    Stanley
       (32,874)                                                (27,943)
            Aclaris    Therapeutics       Inc             Bank   of  America    Merrill    Lynch
        11,908                                                4,406
            Aclaris    Therapeutics       Inc             Goldman    Sachs
        61,655                                                22,635
            Aclaris    Therapeutics       Inc             Morgan    Stanley
        5,711                                                3,055
            Acorda    Therapeutics       Inc             Bank   of  America    Merrill    Lynch
        38,078                                                61,306
            Acorda    Therapeutics       Inc             Goldman    Sachs
        12,803                                                20,613
            Acorda    Therapeutics       Inc             Morgan    Stanley
        6,471                                                9,901
        (2,288)    Activision      Blizzard     Inc             Goldman    Sachs                (1,342)
            Actua   Corp                    Bank   of  America    Merrill    Lynch
        1,323                                                (198)
            Actuant    Corp   ‘A’                Bank   of  America    Merrill    Lynch
       (153,691)                                                 53,792
            Actuant    Corp   ‘A’                Morgan    Stanley
       (85,973)                                                (5,158)
            Acushnet     Holdings     Corp              Bank   of  America    Merrill    Lynch
       (36,210)                                                49,608
            Acushnet     Holdings     Corp              Goldman    Sachs
       (25,416)                                                34,820
            Adamas    Pharmaceuticals        Inc            Bank   of  America    Merrill    Lynch
        13,991                                               (12,872)
            Adamas    Pharmaceuticals        Inc            Goldman    Sachs
        41,655                                               (38,141)
        15,036    Adamas    Pharmaceuticals        Inc            Morgan    Stanley                (5,112)
            Adams   Resources     & Energy    Inc           Bank   of  America    Merrill    Lynch
        (1,187)                                                 297
            Adams   Resources     & Energy    Inc           Goldman    Sachs
        (1,505)                                                 376
            Addus   HomeCare     Corp                Goldman    Sachs
         (727)                                               (4,763)
            Adesto    Technologies       Corp             Goldman    Sachs
        8,512                                               (1,700)
            Adient    Plc                    Goldman    Sachs
       (48,952)                                                 1,958
            Adient    Plc                    Morgan    Stanley
       (16,988)                                                20,900
                                  89/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Adobe   Inc                    Goldman    Sachs
        (2,452)                                               (24,692)
            ADT  Inc                      Goldman    Sachs
        9,729                                                 (97)
            ADT  Inc                      Bank   of  America    Merrill    Lynch
        70,516                                                 (705)
            ADT  Inc                      Morgan    Stanley
       178,401                                                42,816
            Adtalem    Global    Education     Inc           Bank   of  America    Merrill    Lynch
       (105,661)                                                (20,604)
            Aduro   Biotech    Inc                Bank   of  America    Merrill    Lynch
        72,873                                               (49,554)
            Aduro   Biotech    Inc                Goldman    Sachs
        57,244                                               (39,443)
            Aduro   Biotech    Inc                Morgan    Stanley
        56,108                                               (14,027)
            Advance    Auto   Parts   Inc              Goldman    Sachs
        3,478                                               (7,826)
            Advanced     Disposal     Services     Inc          Bank   of  America    Merrill    Lynch
       (22,591)                                                (23,495)
            Advanced     Disposal     Services     Inc          Morgan    Stanley
       (25,029)                                                 (501)
            Advanced     Disposal     Services     Inc          Goldman    Sachs
       (54,399)                                                (56,575)
            Advanced     Drainage     Systems    Inc          Morgan    Stanley
        36,245                                                45,669
            Advanced     Emissions     Solutions     Inc         Bank   of  America    Merrill    Lynch
       (213,168)                                                (193,983)
            Advanced     Emissions     Solutions     Inc         Morgan    Stanley
       (82,063)                                                (58,265)
        (9,742)    Advanced     Energy    Industries      Inc          Goldman    Sachs               (34,487)
            Advanced     Energy    Industries      Inc          Morgan    Stanley
       (40,885)                                               (130,014)
            Advanced     Energy    Industries      Inc          Bank   of  America    Merrill    Lynch
       (154,184)                                                (545,811)
            Advanced     Micro   Devices    Inc            Bank   of  America    Merrill    Lynch
       (24,316)                                                19,453
            Advanced     Micro   Devices    Inc            Morgan    Stanley
       (35,049)                                                (45,914)
            Advanced     Micro   Devices    Inc            Goldman    Sachs
       (10,649)                                                 (550)
            AdvanSix     Inc                   Goldman    Sachs
        8,754                                               10,067
            AdvanSix     Inc                   Morgan    Stanley
        8,773                                               12,984
            AdvanSix     Inc                   Bank   of  America    Merrill    Lynch
        32,645                                                37,542
                                    Goldman    Sachs
       (31,476)     Aecom                                           67,956
                                    Morgan    Stanley
         (500)   Aecom                                             (60)
            Aegion    Corp                    Goldman    Sachs
       (12,442)                                                (7,795)
            Aegion    Corp                    Bank   of  America    Merrill    Lynch
       (80,090)                                                 5,606
            Aegon   NV                    Goldman    Sachs
       229,221                                               (138,679)
            Aegon   NV                    Morgan    Stanley
       149,036                                                  745
            AerCap    Holdings     NV               Goldman    Sachs
       (74,070)                                                (97,772)
            AerCap    Holdings     NV               Morgan    Stanley
       (146,864)                                                (406,813)
            Aerie   Pharmaceuticals        Inc            Bank   of  America    Merrill    Lynch
       (55,166)                                                103,712
            Aerohive     Networks     Inc              Bank   of  America    Merrill    Lynch
       286,061                                               (102,982)
        34,795    Aerohive     Networks     Inc              Goldman    Sachs               (12,526)
            Aerohive     Networks     Inc              Morgan    Stanley
        63,621                                                (9,543)
            Aerovironment       Inc                Morgan    Stanley
       (17,461)                                                185,436
            Aerovironment       Inc                Bank   of  America    Merrill    Lynch
        (8,923)                                               164,183
            AES  Corp/VA                      Morgan    Stanley
        5,835                                                2,451
            AES  Corp/VA                      Bank   of  America    Merrill    Lynch
       (115,492)                                                   －
            Affiliated      Managers     Group   Inc          Bank   of  America    Merrill    Lynch
        21,355                                               (39,934)
            Aflac   Inc                    Goldman    Sachs
       (82,901)                                               (109,429)
            Aflac   Inc                    Bank   of  America    Merrill    Lynch
       (18,155)                                                (23,965)
            Aflac   Inc                    Morgan    Stanley
       (47,796)                                                (53,532)
            AGCO   Corp                     Bank   of  America    Merrill    Lynch
        52,052                                               101,501
                                  90/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Agenus    Inc                    Bank   of  America    Merrill    Lynch
       114,934                                                12,643
            Agenus    Inc                    Goldman    Sachs
        48,900                                                5,379
            Agenus    Inc                    Morgan    Stanley
       126,236                                                11,361
            AgeX   Therapeutics       Inc              Bank   of  America    Merrill    Lynch
        (1,994)                                                (6,161)
            AgeX   Therapeutics       Inc              Morgan    Stanley
        (8,503)                                               (26,274)
            Agilent    Technologies       Inc             Bank   of  America    Merrill    Lynch
        34,477                                               263,749
            Agilent    Technologies       Inc             Morgan    Stanley
        56,268                                               234,075
            Agilysys     Inc                   Bank   of  America    Merrill    Lynch
       (46,546)                                                (19,549)
            Agios   Pharmaceuticals        Inc            Bank   of  America    Merrill    Lynch
       (11,998)                                                39,833
            AGNC   Investment      Corp   (Reit)             Bank   of  America    Merrill    Lynch
       (204,132)                                                (88,797)
            Agree   Realty    Corp   (Reit)              Morgan    Stanley
        2,659                                                1,914
            Agree   Realty    Corp   (Reit)              Bank   of  America    Merrill    Lynch
        15,901                                                22,897
            Agree   Realty    Corp   (Reit)              Goldman    Sachs
        9,050                                               10,187
            Agree   Realty    Corp   (Reit)              Morgan    Stanley
       (10,144)                                                (7,304)
            AgroFresh     Solutions     Inc             Bank   of  America    Merrill    Lynch
       (121,976)                                                 50,010
        (8,672)    AgroFresh     Solutions     Inc             Goldman    Sachs                3,556
            AH  Belo   Corp   ‘A’                Morgan    Stanley
        1,507                                                 60
            AH  Belo   Corp   ‘A’                Bank   of  America    Merrill    Lynch
        9,752                                                 195
            Air  Lease   Corp                  Goldman    Sachs
        32,189                                                16,139
            Air  Lease   Corp                  Morgan    Stanley
        29,617                                                29,577
            Air  Products     & Chemicals     Inc           Bank   of  America    Merrill    Lynch
        30,518                                                (8,545)
            Air  Transport     Services     Group   Inc         Morgan    Stanley
        38,041                                                 951
            Air  Transport     Services     Group   Inc         Bank   of  America    Merrill    Lynch
       (72,086)                                                50,100
            Aircastle     Ltd                  Goldman    Sachs
        2,437                                               (1,633)
            Aircastle     Ltd                  Morgan    Stanley
        27,485                                               (12,643)
            AK  Steel   Holding    Corp               Goldman    Sachs
       (92,700)                                                48,537
            AK  Steel   Holding    Corp               Morgan    Stanley
       (31,730)                                                 8,250
            Akamai    Technologies       Inc             Bank   of  America    Merrill    Lynch
       (10,070)                                                11,077
            Akamai    Technologies       Inc             Goldman    Sachs
        (4,143)                                                1,344
            Akebia    Therapeutics       Inc             Bank   of  America    Merrill    Lynch
       126,538                                                (10,123)
            Akebia    Therapeutics       Inc             Goldman    Sachs
        36,770                                                (2,942)
            Akebia    Therapeutics       Inc             Morgan    Stanley
        28,140                                                9,568
            Akoustis     Technologies       Inc            Goldman    Sachs
        18,927                                                (4,409)
            Alamo   Group   Inc                 Goldman    Sachs
        7,141                                               (17,210)
        38,734    Alamo   Group   Inc                 Bank   of  America    Merrill    Lynch       (93,349)
            Alamo   Group   Inc                 Morgan    Stanley
        6,144                                               10,138
            Alarm.com     Holdings     Inc              Goldman    Sachs
         (774)                                               (3,309)
            Alarm.com     Holdings     Inc              Morgan    Stanley
       (12,890)                                                (72,957)
            Alaska    Air  Group   Inc               Goldman    Sachs
        (6,822)                                                2,006
            Albemarle     Corp                  Bank   of  America    Merrill    Lynch
        (6,434)                                                38,379
            Albireo    Pharma    Inc                Bank   of  America    Merrill    Lynch
       (37,755)                                                (5,663)
            Alcoa   Corp                    Bank   of  America    Merrill    Lynch
       (28,391)                                                138,690
            Alder   Biopharmaceuticals          Inc           Goldman    Sachs
        2,258                                                 455
            Aldeyra    Therapeutics       Inc             Morgan    Stanley
        (6,950)                                                  －
            Aldeyra    Therapeutics       Inc             Bank   of  America    Merrill    Lynch
       (25,555)                                                 1,278
                                  91/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Alexander     & Baldwin    Inc             Bank   of  America    Merrill    Lynch
       (230,899)                                                (11,545)
            Alexander     & Baldwin    Inc             Goldman    Sachs
        (2,683)                                                 (134)
            Alexandria      Real   Estate    Equities     Inc  (Reit)     Goldman    Sachs
        15,626                                                45,261
            Alexandria      Real   Estate    Equities     Inc  (Reit)     Morgan    Stanley
        6,865                                               20,978
            Alexion    Pharmaceuticals        Inc           Goldman    Sachs
       (12,618)                                                (58,342)
            Alico   Inc                    Bank   of  America    Merrill    Lynch
       (18,529)                                                 (371)
            Alico   Inc                    Goldman    Sachs
        (2,429)                                                 (316)
            Alico   Inc                    Morgan    Stanley
       (17,896)                                                 1,611
            Align   Technology      Inc               Bank   of  America    Merrill    Lynch
        (4,791)                                               (18,924)
            Align   Technology      Inc               Goldman    Sachs
        (3,635)                                               (49,845)
            Alkermes     Plc                   Goldman    Sachs
       (20,772)                                                (62,108)
            Allakos    Inc                   Morgan    Stanley
        (6,631)                                               (18,235)
            Alleghany     Corp                  Morgan    Stanley
        (6,733)                                               (87,125)
            Alleghany     Corp                  Bank   of  America    Merrill    Lynch
         (291)                                               (1,173)
            Allegheny     Technologies       Inc            Morgan    Stanley
       (10,103)                                                (6,264)
       (76,124)     Allegheny     Technologies       Inc            Bank   of  America    Merrill    Lynch       89,065
            Allegiance      Bancshares      Inc            Bank   of  America    Merrill    Lynch
       (91,003)                                                31,851
            Allegiance      Bancshares      Inc            Morgan    Stanley
       (16,330)                                                (7,185)
            Allegiance      Bancshares      Inc            Goldman    Sachs
        (7,389)                                                2,586
            Allegiant     Travel    Co               Goldman    Sachs
         (218)                                               (1,550)
            Allegiant     Travel    Co               Bank   of  America    Merrill    Lynch
        (8,073)                                               (57,399)
            Allegiant     Travel    Co               Morgan    Stanley
         (467)                                               (2,396)
            Allegiant     Travel    Co               Bank   of  America    Merrill    Lynch
        2,706                                               19,240
            Allegiant     Travel    Co               Goldman    Sachs
        1,132                                                8,049
            Allegion     Plc                   Bank   of  America    Merrill    Lynch
        6,131                                               18,143
            Allegion     Plc                   Morgan    Stanley
        3,971                                                6,589
            Allegion     Plc                   Goldman    Sachs
        22,539                                                63,441
            Allergan     Plc                   Goldman    Sachs
        (3,789)                                                14,588
            Allete    Inc                    Bank   of  America    Merrill    Lynch
        10,664                                                21,328
            Allete    Inc                    Morgan    Stanley
       (58,489)                                                (87,149)
            Allete    Inc                    Goldman    Sachs
        4,253                                                8,506
            Allete    Inc                    Goldman    Sachs
       (15,979)                                                (29,692)
            Alliance     Data   Systems    Corp            Bank   of  America    Merrill    Lynch
        7,160                                               (5,871)
            Alliance     Data   Systems    Corp            Morgan    Stanley
        3,032                                                6,974
         906   Alliance     Data   Systems    Corp            Goldman    Sachs                 (743)
            Alliant    Energy    Corp                Bank   of  America    Merrill    Lynch
       136,612                                                (32,787)
            Allstate     Corp/The                   Goldman    Sachs
        11,482                                                 260
            Allstate     Corp/The                   Bank   of  America    Merrill    Lynch
        54,528                                               (41,987)
            Allstate     Corp/The                   Morgan    Stanley
        5,672                                                4,109
            Ally   Financial     Inc                Goldman    Sachs
       (12,827)                                                (13,212)
            Ally   Financial     Inc                Morgan    Stanley
        1,511                                                2,251
            Ally   Financial     Inc                Bank   of  America    Merrill    Lynch
        93,538                                                96,344
            Ally   Financial     Inc                Goldman    Sachs
        7,742                                                7,974
            Ally   Financial     Inc                Morgan    Stanley
       (28,707)                                                (42,773)
            Alnylam    Pharmaceuticals        Inc           Bank   of  America    Merrill    Lynch
        (5,146)                                               (67,052)
                                  92/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Alpha   & Omega   Semiconductor       Ltd         Bank   of  America    Merrill    Lynch
        46,481                                                10,226
            Alphabet     Inc   ‘A’                Goldman    Sachs
        (3,745)                                               (67,373)
            Alphabet     Inc   ‘A’                Bank   of  America    Merrill    Lynch
        (3,431)                                               (61,724)
            Alta   Mesa   Resources     Inc   ‘A’           Goldman    Sachs
        13,499                                                (9,517)
            Alta   Mesa   Resources     Inc   ‘A’           Morgan    Stanley
        32,096                                               (12,517)
            Altair    Engineering      Inc   ‘A’           Morgan    Stanley
       (16,732)                                                (34,468)
            Altair    Engineering      Inc   ‘A’           Goldman    Sachs
       (34,683)                                                (4,731)
            Alteryx    Inc   ‘A’                 Goldman    Sachs
        (7,000)                                                (1,207)
            Alteryx    Inc   ‘A’                 Morgan    Stanley
       (10,316)                                                (63,134)
            Alteryx    Inc   ‘A’                 Bank   of  America    Merrill    Lynch
        5,676                                               (3,633)
            Alteryx    Inc   ‘A’                 Goldman    Sachs
        6,479                                               (4,147)
            Altice    USA  Inc   ‘A’               Bank   of  America    Merrill    Lynch
        55,972                                               (39,180)
            Altice    USA  Inc   ‘A’               Morgan    Stanley
        53,014                                                36,580
            Altisource      Portfolio     Solutions     SA        Morgan    Stanley
       (18,381)                                                (26,836)
            Altisource      Portfolio     Solutions     SA        Bank   of  America    Merrill    Lynch
       (56,223)                                                (58,526)
        (7,439)    Altra   Industrial      Motion    Corp           Goldman    Sachs                14,696
            Altria    Group   Inc                 Goldman    Sachs
        12,428                                               (15,143)
            Altria    Group   Inc                 Morgan    Stanley
        42,747                                                85,921
            Amalgamated      Bank   Of  New  York   ‘A’        Goldman    Sachs
        (4,254)                                                (2,178)
            Ambac   Financial     Group   Inc            Bank   of  America    Merrill    Lynch
       (77,227)                                                32,435
            Ambac   Financial     Group   Inc            Morgan    Stanley
       (33,212)                                                (19,927)
            Ambarella     Inc                  Bank   of  America    Merrill    Lynch
        28,714                                               106,816
            Ambarella     Inc                  Goldman    Sachs
        8,153                                               30,329
            Amber   Road   Inc                  Goldman    Sachs
        27,252                                                (8,993)
            Amber   Road   Inc                  Morgan    Stanley
        18,451                                                3,321
            Amber   Road   Inc                  Bank   of  America    Merrill    Lynch
        58,364                                               (19,260)
            Ambev   SA  ADR                   Morgan    Stanley
       258,961                                                27,191
            Ambev   SA  ADR                   Goldman    Sachs
       139,674                                                 6,285
            AMC  Entertainment       Holdings     Inc   ‘A’       Goldman    Sachs
        (5,482)                                                 277
            AMC  Entertainment       Holdings     Inc   ‘A’       Goldman    Sachs
        78,293                                               (61,851)
            AMC  Entertainment       Holdings     Inc   ‘A’       Morgan    Stanley
        45,268                                                3,169
            AMC  Entertainment       Holdings     Inc   ‘A’       Bank   of  America    Merrill    Lynch
        12,077                                                (9,541)
            AMC  Networks     Inc   ‘A’              Bank   of  America    Merrill    Lynch
        3,541                                               (1,593)
            AMC  Networks     Inc   ‘A’              Morgan    Stanley
        10,182                                                12,392
        28,351    AMC  Networks     Inc   ‘A’              Goldman    Sachs                6,612
            Amedisys     Inc                   Bank   of  America    Merrill    Lynch
       (26,119)                                               (415,553)
                                    Goldman    Sachs
         (719)   AMERCO                                           (4,375)
                                    Bank   of  America    Merrill    Lynch
        (6,726)    AMERCO                                           (58,651)
                                    Morgan    Stanley
        (9,196)    AMERCO                                           (8,001)
            Ameren    Corp                    Goldman    Sachs
        41,665                                               (56,664)
            Ameren    Corp                    Bank   of  America    Merrill    Lynch
        7,727                                               (10,509)
            America    Movil   SAB  de  CV  ADR           Morgan    Stanley
        5,573                                                2,452
            America’s      Car-Mart     Inc/TX             Bank   of  America    Merrill    Lynch
        30,131                                                92,502
            America’s      Car-Mart     Inc/TX             Goldman    Sachs
        8,874                                               27,243
            American     Assets    Trust   Inc  (Reit)          Bank   of  America    Merrill    Lynch
        78,988                                               176,933
                                  93/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            American     Assets    Trust   Inc  (Reit)          Goldman    Sachs
        6,350                                               14,224
            American     Assets    Trust   Inc  (Reit)          Morgan    Stanley
        7,567                                               11,956
            American     Axle   & Manufacturing       Holdings     Inc   Morgan    Stanley
       (67,049)                                                (34,865)
            American     Axle   & Manufacturing       Holdings     Inc   Bank   of  America    Merrill    Lynch
       (129,068)                                                 47,755
            American     Axle   & Manufacturing       Holdings     Inc   Goldman    Sachs
       (130,994)                                                 6,468
            American     Campus    Communities      Inc  (Reit)       Goldman    Sachs
        6,047                                               18,564
            American     Campus    Communities      Inc  (Reit)       Bank   of  America    Merrill    Lynch
        75,331                                               231,266
            American     Campus    Communities      Inc  (Reit)       Morgan    Stanley
        2,333                                                1,843
            American     Eagle   Outfitters      Inc          Bank   of  America    Merrill    Lynch
       244,848                                                (37,951)
            American     Eagle   Outfitters      Inc          Morgan    Stanley
        19,123                                                23,617
            American     Equity    Investment      Life   Holding    Co   Morgan    Stanley
        4,354                                               (2,529)
            American     Equity    Investment      Life   Holding    Co   Goldman    Sachs
        (2,526)                                                 (355)
            American     Equity    Investment      Life   Holding    Co   Goldman    Sachs
        4,847                                                (223)
            American     Express    Co               Morgan    Stanley
        (4,948)                                               (27,610)
            American     Express    Co               Bank   of  America    Merrill    Lynch
        13,680                                                23,530
        1,054    American     Express    Co               Goldman    Sachs                1,813
            American     Financial     Group   Inc/OH           Bank   of  America    Merrill    Lynch
        56,659                                                (2,266)
            American     Financial     Group   Inc/OH           Morgan    Stanley
        23,882                                                3,343
            American     International       Group   Inc         Goldman    Sachs
       (34,624)                                                (15,276)
            American     International       Group   Inc         Bank   of  America    Merrill    Lynch
       (107,403)                                                (64,442)
            American     International       Group   Inc         Morgan    Stanley
        (8,094)                                                 648
            American     National     Bankshares      Inc         Bank   of  America    Merrill    Lynch
        24,356                                               (13,883)
            American     National     Bankshares      Inc         Goldman    Sachs
        4,100                                               (2,337)
            American     National     Insurance     Co         Bank   of  America    Merrill    Lynch
        6,055                                               22,464
            American     Public    Education     Inc          Bank   of  America    Merrill    Lynch
        (1,032)                                                1,187
            American     Railcar    Industries      Inc         Morgan    Stanley
        (5,641)                                                (1,410)
            American     Renal   Associates      Holdings     Inc      Goldman    Sachs
        1,420                                                2,002
            American     Renal   Associates      Holdings     Inc      Morgan    Stanley
        1,236                                                 766
            American     Software     Inc/GA    ‘A’          Bank   of  America    Merrill    Lynch
        85,795                                               (42,898)
            American     Software     Inc/GA    ‘A’          Goldman    Sachs
        43,123                                               (21,562)
            American     Software     Inc/GA    ‘A’          Morgan    Stanley
        34,086                                                4,090
            American     States    Water   Co            Goldman    Sachs
       (17,607)                                                (22,889)
            American     States    Water   Co            Morgan    Stanley
       (14,166)                                                 1,983
            American     Superconductor        Corp           Morgan    Stanley
       (166,460)                                                (239,702)
        2,668    American     Tower   Corp   (Reit)             Goldman    Sachs                (4,323)
            American     Tower   Corp   (Reit)             Morgan    Stanley
        13,034                                                44,967
            American     Tower   Corp   (Reit)             Bank   of  America    Merrill    Lynch
       (15,140)                                                (25,889)
            American     Tower   Corp   (Reit)             Goldman    Sachs
        (2,141)                                                (3,661)
            American     Water   Works   Co  Inc           Morgan    Stanley
        4,786                                                3,063
            American     Water   Works   Co  Inc           Goldman    Sachs
         611                                                403
            American     Water   Works   Co  Inc           Bank   of  America    Merrill    Lynch
        93,517                                                61,721
            American     Woodmark     Corp              Bank   of  America    Merrill    Lynch
       (10,276)                                                (24,097)
            Americold     Realty    Trust   (Reit)            Bank   of  America    Merrill    Lynch
       (248,071)                                                (167,952)
            Americold     Realty    Trust   (Reit)            Morgan    Stanley
       (55,469)                                                 (555)
            Ameriprise      Financial     Inc             Morgan    Stanley
        9,775                                               57,282
                                  94/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Ameris    Bancorp                    Bank   of  America    Merrill    Lynch
       (11,486)                                                18,607
            Ameris    Bancorp                    Morgan    Stanley
       (16,073)                                                (6,590)
            Ameris    Bancorp                    Goldman    Sachs
       (10,227)                                                15,327
            AmerisourceBergen         Corp              Bank   of  America    Merrill    Lynch
        30,881                                                1,544
            AmerisourceBergen         Corp              Morgan    Stanley
        27,116                                                41,759
            AMETEK    Inc                    Morgan    Stanley
       (15,013)                                                (27,174)
            AMETEK    Inc                    Bank   of  America    Merrill    Lynch
        64,965                                               (60,417)
            Amgen   Inc                    Bank   of  America    Merrill    Lynch
        4,665                                               54,067
            Amgen   Inc                    Morgan    Stanley
         337                                               3,865
            Amgen   Inc                    Goldman    Sachs
        13,194                                               152,918
            Amkor   Technology      Inc               Bank   of  America    Merrill    Lynch
       712,440                                                64,120
            Amkor   Technology      Inc               Goldman    Sachs
       113,700                                                10,233
            Amkor   Technology      Inc               Morgan    Stanley
        36,940                                                15,145
            AMN  Healthcare      Services     Inc           Morgan    Stanley
        4,653                                               20,520
            AMN  Healthcare      Services     Inc           Bank   of  America    Merrill    Lynch
        (8,441)                                               (39,926)
       (30,783)     Amneal    Pharmaceuticals        Inc            Bank   of  America    Merrill    Lynch       (11,082)
            Amphastar     Pharmaceuticals        Inc          Goldman    Sachs
        1,369                                                 890
            Amphastar     Pharmaceuticals        Inc          Morgan    Stanley
        1,385                                                1,967
            Amyris    Inc                    Bank   of  America    Merrill    Lynch
       (136,315)                                                (120,639)
            Amyris    Inc                    Morgan    Stanley
        (3,797)                                                (3,076)
            Anadarko     Petroleum     Corp              Goldman    Sachs
        37,799                                               (53,272)
            Anadarko     Petroleum     Corp              Bank   of  America    Merrill    Lynch
        57,798                                               (178,596)
            Anadarko     Petroleum     Corp              Morgan    Stanley
        49,873                                                7,702
            Analog    Devices    Inc                Goldman    Sachs
        35,909                                                25,876
            Analog    Devices    Inc                Morgan    Stanley
        9,015                                                5,021
            AnaptysBio      Inc                  Bank   of  America    Merrill    Lynch
       (11,773)                                               (106,546)
            ANGI   Homeservices       Inc   ‘A’            Morgan    Stanley
       (34,396)                                                (1,376)
            AngioDynamics       Inc                Bank   of  America    Merrill    Lynch
       (144,382)                                                 (2,888)
            ANI  Pharmaceuticals        Inc             Bank   of  America    Merrill    Lynch
       (29,572)                                                (65,354)
            Anika   Therapeutics       Inc              Bank   of  America    Merrill    Lynch
         734                                               (580)
            Anixter    International       Inc            Bank   of  America    Merrill    Lynch
        59,913                                               (377,452)
            Anixter    International       Inc            Goldman    Sachs
        5,680                                               (35,784)
            Anixter    International       Inc            Morgan    Stanley
        8,005                                               (3,362)
            Annaly    Capital    Management      Inc  (Reit)        Goldman    Sachs
       (22,719)                                                (5,112)
       (300,751)      Annaly    Capital    Management      Inc  (Reit)        Bank   of  America    Merrill    Lynch       (67,669)
            ANSYS   Inc                    Bank   of  America    Merrill    Lynch
       (25,789)                                                23,726
            Antares    Pharma    Inc                Bank   of  America    Merrill    Lynch
       (302,730)                                                (48,437)
            Antares    Pharma    Inc                Goldman    Sachs
       (80,274)                                                (12,844)
            Antero    Resources     Corp               Bank   of  America    Merrill    Lynch
       121,122                                               (118,700)
            Anworth    Mortgage     Asset   Corp   (Reit)         Bank   of  America    Merrill    Lynch
        83,869                                                13,419
            Anworth    Mortgage     Asset   Corp   (Reit)         Goldman    Sachs
        30,037                                                4,806
            Anworth    Mortgage     Asset   Corp   (Reit)         Morgan    Stanley
        42,671                                                1,707
            AO  Smith   Corp                   Goldman    Sachs
       (47,997)                                                (38,769)
            AO  Smith   Corp                   Morgan    Stanley
       (18,217)                                                (19,857)
            Aon  Plc                      Goldman    Sachs
        (3,506)                                               (11,907)
                                  95/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Aon  Plc                      Morgan    Stanley
       (35,631)                                               (130,053)
            Apache    Corp                    Bank   of  America    Merrill    Lynch
        8,861                                               (22,507)
            Apache    Corp                    Goldman    Sachs
        27,091                                               (68,811)
            Apache    Corp                    Morgan    Stanley
        6,743                                               (2,765)
            Apergy    Corp                    Bank   of  America    Merrill    Lynch
        28,290                                               (66,199)
            Apollo    Commercial      Real   Estate    Finance    Inc
                                    Bank   of  America    Merrill    Lynch
       (421,263)                                                (176,930)
            (Reit)
            Apollo    Commercial      Real   Estate    Finance    Inc
                                    Morgan    Stanley
       (148,045)                                                (68,101)
            (Reit)
            Appfolio     Inc   ‘A’                Bank   of  America    Merrill    Lynch
        17,551                                                54,935
            Appfolio     Inc   ‘A’                Goldman    Sachs
        1,657                                                5,186
            Appfolio     Inc   ‘A’                Morgan    Stanley
        2,283                                               10,342
            Appian    Corp                    Goldman    Sachs
         (875)                                               (2,231)
            Appian    Corp                    Bank   of  America    Merrill    Lynch
        (6,847)                                               (17,460)
            Appian    Corp                    Morgan    Stanley
        (2,530)                                                (8,172)
         (743)   Apple   Inc                    Morgan    Stanley                (4,510)
        42,676    Applied    Genetic    Technologies       Corp/DE         Bank   of  America    Merrill    Lynch       (19,204)
            Applied    Genetic    Technologies       Corp/DE         Morgan    Stanley
        31,839                                                (8,915)
            Applied    Industrial      Technologies       Inc       Bank   of  America    Merrill    Lynch
       138,041                                               (190,497)
            Applied    Industrial      Technologies       Inc       Goldman    Sachs
        8,634                                               (11,915)
            Applied    Materials     Inc              Goldman    Sachs
        55,943                                               100,977
            Applied    Materials     Inc              Bank   of  America    Merrill    Lynch
       100,625                                                181,628
            Applied    Materials     Inc              Morgan    Stanley
        12,471                                                22,136
            Applied    Optoelectronics        Inc           Goldman    Sachs
        (7,560)                                                (5,233)
            Approach     Resources     Inc              Bank   of  America    Merrill    Lynch
       150,507                                                (10,535)
            Approach     Resources     Inc              Goldman    Sachs
        51,799                                                (3,626)
            Approach     Resources     Inc              Morgan    Stanley
       100,532                                                (4,021)
            AptarGroup      Inc                  Morgan    Stanley
       (16,391)                                                (6,720)
            Aptiv   Plc                    Goldman    Sachs
       (32,020)                                                115,912
            Aqua   America    Inc                 Bank   of  America    Merrill    Lynch
       (20,951)                                                (14,875)
            Aqua   America    Inc                 Morgan    Stanley
       (17,749)                                                 7,455
            Aqua   America    Inc                 Goldman    Sachs
       (43,231)                                                (30,694)
            Aquestive     Therapeutics       Inc            Goldman    Sachs
        2,136                                               (16,938)
                                    Bank   of  America    Merrill    Lynch
        (8,550)    Aramark                                           (10,004)
        2,519    Aravive    Inc                   Bank   of  America    Merrill    Lynch        (529)
            Aravive    Inc                   Goldman    Sachs
        5,723                                               (1,202)
            Aravive    Inc                   Morgan    Stanley
        16,342                                                1,307
            Arbor   Realty    Trust   Inc  (Reit)            Morgan    Stanley
       371,716                                                (18,586)
            Arbor   Realty    Trust   Inc  (Reit)            Bank   of  America    Merrill    Lynch
       422,881                                                (29,602)
            Arbutus    Biopharma     Corp              Bank   of  America    Merrill    Lynch
       (108,797)                                                (10,880)
            ARC  Document     Solutions     Inc            Bank   of  America    Merrill    Lynch
       330,608                                               (109,101)
            ARC  Document     Solutions     Inc            Goldman    Sachs
        64,773                                               (21,375)
            ARC  Document     Solutions     Inc            Morgan    Stanley
       131,114                                                (3,933)
            ArcBest    Corp                   Bank   of  America    Merrill    Lynch
       (16,351)                                                15,860
            Arch   Capital    Group   Ltd              Goldman    Sachs
       (10,282)                                                (3,393)
            Arch   Capital    Group   Ltd              Bank   of  America    Merrill    Lynch
       (70,725)                                                (23,339)
                                  96/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Arch   Capital    Group   Ltd              Morgan    Stanley
       (52,522)                                                (33,089)
            Archer-Daniels-Midland            Co            Goldman    Sachs
        7,118                                                2,226
            Archer-Daniels-Midland            Co            Morgan    Stanley
        1,273                                                1,082
            Archer-Daniels-Midland            Co            Bank   of  America    Merrill    Lynch
        78,208                                                (6,257)
            Archrock     Inc                   Bank   of  America    Merrill    Lynch
        49,952                                               (14,986)
            Archrock     Inc                   Morgan    Stanley
        6,247                                                 625
            Archrock     Inc                   Morgan    Stanley
        (6,050)                                                 (605)
            Archrock     Inc                   Goldman    Sachs
        27,511                                                (8,253)
            Arconic    Inc                   Goldman    Sachs
        (1,705)                                                (1,273)
            Arconic    Inc                   Bank   of  America    Merrill    Lynch
       (62,439)                                                (32,468)
            Arconic    Inc                   Morgan    Stanley
       (108,097)                                                (73,506)
            Arcosa    Inc                    Goldman    Sachs
        18,995                                               (68,574)
            Arcus   Biosciences      Inc              Bank   of  America    Merrill    Lynch
        3,088                                                (679)
            Arcus   Biosciences      Inc              Goldman    Sachs
        28,238                                                (2,366)
            Ardelyx    Inc                   Bank   of  America    Merrill    Lynch
        98,245                                               (18,667)
       119,226     Ardelyx    Inc                   Goldman    Sachs               (22,653)
            Ardelyx    Inc                   Morgan    Stanley
        83,282                                                (9,161)
            Ardmore    Shipping     Corp               Morgan    Stanley
        3,951                                                 316
            Ardmore    Shipping     Corp               Goldman    Sachs
        57,029                                               (22,292)
            Arena   Pharmaceuticals        Inc            Bank   of  America    Merrill    Lynch
       (12,267)                                                (14,598)
            Ares   Commercial      Real   Estate    Corp   (Reit)       Bank   of  America    Merrill    Lynch
       137,721                                                (1,377)
            Ares   Commercial      Real   Estate    Corp   (Reit)       Goldman    Sachs
        8,460                                                 (85)
            Argan   Inc                    Bank   of  America    Merrill    Lynch
       (89,734)                                                (37,688)
            Argo   Group   International       Holdings     Ltd      Goldman    Sachs
       (139,307)                                                (162,989)
            Arista    Networks     Inc               Bank   of  America    Merrill    Lynch
        3,060                                               (21,695)
            Arlington     Asset   Investment      Corp   ‘A’       Goldman    Sachs
        30,213                                                3,181
            Arlo   Technologies       Inc              Goldman    Sachs
        11,636                                               (16,523)
            Arlo   Technologies       Inc              Morgan    Stanley
        30,200                                                (7,550)
            Armstrong     Flooring     Inc              Morgan    Stanley
        18,437                                                (4,056)
            Armstrong     Flooring     Inc              Bank   of  America    Merrill    Lynch
        90,108                                               (81,097)
            Armstrong     Flooring     Inc              Goldman    Sachs
        19,627                                               (17,664)
            Armstrong     World   Industries      Inc          Morgan    Stanley
        (4,126)                                               (10,893)
            Armstrong     World   Industries      Inc          Bank   of  America    Merrill    Lynch
       (20,692)                                                (10,967)
            Armstrong     World   Industries      Inc          Goldman    Sachs
        (6,733)                                                (3,568)
       (10,052)     ArQule    Inc                    Morgan    Stanley                 (804)
            ArQule    Inc                    Bank   of  America    Merrill    Lynch
       (36,982)                                                 7,027
            Array   BioPharma     Inc               Bank   of  America    Merrill    Lynch
       (48,937)                                                 2,447
            Arrow   Electronics      Inc              Morgan    Stanley
       (14,485)                                                (41,862)
            Arrow   Electronics      Inc              Goldman    Sachs
       (17,286)                                                (19,241)
            Arrow   Financial     Corp               Bank   of  America    Merrill    Lynch
       (56,621)                                                (43,032)
            Arrowhead     Pharmaceuticals        Inc          Goldman    Sachs
       (30,559)                                                (51,645)
            Artesian     Resources     Corp   ‘A’           Bank   of  America    Merrill    Lynch
        2,497                                               (1,373)
            Artesian     Resources     Corp   ‘A’           Goldman    Sachs
         715                                               (393)
            Artesian     Resources     Corp   ‘A’           Morgan    Stanley
         884                                                248
            Arthur    J Gallagher     & Co             Bank   of  America    Merrill    Lynch
        75,861                                                78,137
                                  97/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Arthur    J Gallagher     & Co             Morgan    Stanley
        14,676                                                25,389
            Artisan    Partners     Asset   Management      Inc   ‘A’   Bank   of  America    Merrill    Lynch
       (47,575)                                                (23,788)
            Asbury    Automotive      Group   Inc           Goldman    Sachs
         838                                               (327)
            Asbury    Automotive      Group   Inc           Bank   of  America    Merrill    Lynch
       144,161                                                (56,223)
            Ascena    Retail    Group   Inc             Bank   of  America    Merrill    Lynch
       (242,748)                                                222,114
            ASGN   Inc                     Bank   of  America    Merrill    Lynch
        25,726                                                21,610
            ASGN   Inc                     Goldman    Sachs
        5,631                                                8,758
            ASGN   Inc                     Morgan    Stanley
        13,556                                                3,118
            Ashford    Hospitality      Trust   Inc  (Reit)        Goldman    Sachs
        10,728                                                 (43)
            Ashford    Inc                   Bank   of  America    Merrill    Lynch
        (6,470)                                               (40,243)
            Ashford    Inc                   Goldman    Sachs
         (298)                                               (1,854)
            Ashford    Inc                   Morgan    Stanley
       (14,515)                                               (108,863)
            Ashland    Global    Holdings     Inc           Bank   of  America    Merrill    Lynch
       (42,194)                                                20,253
            ASML   Holding    NV                 Morgan    Stanley
         899                                               4,747
            Aspen   Aerogels     Inc                Morgan    Stanley
        87,124                                                8,712
        1,326    Aspen   Aerogels     Inc                Bank   of  America    Merrill    Lynch        (265)
            Aspen   Technology      Inc               Bank   of  America    Merrill    Lynch
       (74,962)                                               (164,167)
            Aspen   Technology      Inc               Morgan    Stanley
        1,290                                                8,591
            Assembly     Biosciences      Inc             Bank   of  America    Merrill    Lynch
        28,939                                                34,148
            Assembly     Biosciences      Inc             Goldman    Sachs
        5,991                                                7,069
            Assembly     Biosciences      Inc             Morgan    Stanley
        10,187                                                2,852
            Assertio     Therapeutics       Inc            Bank   of  America    Merrill    Lynch
       (76,184)                                                72,375
            Associated      Capital    Group   Inc   ‘A’        Bank   of  America    Merrill    Lynch
       (22,221)                                                46,886
            Associated      Capital    Group   Inc   ‘A’        Goldman    Sachs
         (830)                                               1,751
            Assurant     Inc                   Goldman    Sachs
        8,802                                               (20,421)
            Assurant     Inc                   Bank   of  America    Merrill    Lynch
       (16,179)                                                37,535
            Assurant     Inc                   Morgan    Stanley
        45,804                                                14,657
            Assured    Guaranty     Ltd               Goldman    Sachs
        35,440                                                28,588
            Assured    Guaranty     Ltd               Bank   of  America    Merrill    Lynch
        1,150                                                 868
            Assured    Guaranty     Ltd               Morgan    Stanley
        20,741                                                14,208
            Astec   Industries      Inc               Bank   of  America    Merrill    Lynch
        6,468                                                5,174
            Astec   Industries      Inc               Goldman    Sachs
        3,500                                                2,800
            Astronics     Corp   ‘B’               Bank   of  America    Merrill    Lynch
         (434)                                                (278)
            Astronics     Corp   ‘B’               Morgan    Stanley
        (1,792)                                                (1,165)
       (29,216)     At  Home   Group   Inc                Bank   of  America    Merrill    Lynch       12,271
            At  Home   Group   Inc                Morgan    Stanley
       (16,710)                                                (23,394)
            At  Home   Group   Inc                Goldman    Sachs
       (14,755)                                                 (868)
            AT&T   Inc                     Goldman    Sachs
       (184,440)                                                (225,017)
            AT&T   Inc                     Morgan    Stanley
       (134,207)                                                (265,730)
            AT&T   Inc                     Bank   of  America    Merrill    Lynch
       (80,706)                                                (98,461)
            Athene    Holding    Ltd   ‘A’             Goldman    Sachs
        13,364                                               (23,788)
            Athene    Holding    Ltd   ‘A’             Bank   of  America    Merrill    Lynch
        21,845                                               (38,884)
            Athenex    Inc                   Bank   of  America    Merrill    Lynch
       (76,063)                                               (130,828)
            Athenex    Inc                   Morgan    Stanley
       (20,605)                                                (10,509)
            Athersys     Inc                   Bank   of  America    Merrill    Lynch
       281,877                                                 8,456
                                  98/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Athersys     Inc                   Goldman    Sachs
       292,290                                                 8,769
            Athersys     Inc                   Morgan    Stanley
       109,693                                                (8,775)
            Atkore    International       Group   Inc          Morgan    Stanley
        31,588                                                66,019
            Atkore    International       Group   Inc          Bank   of  America    Merrill    Lynch
       116,867                                                93,494
            Atlantic     Capital    Bancshares      Inc         Goldman    Sachs
        7,427                                                3,482
            Atlantic     Power   Corp                Morgan    Stanley
        84,187                                                1,684
            Atlantic     Power   Corp                Bank   of  America    Merrill    Lynch
        65,920                                                1,978
            Atlantic     Power   Corp                Goldman    Sachs
        68,306                                                2,049
            Atlas   Air  Worldwide     Holdings     Inc         Goldman    Sachs
        4,046                                               (11,248)
            Atlas   Air  Worldwide     Holdings     Inc         Bank   of  America    Merrill    Lynch
        2,717                                               (7,553)
            Atlas   Financial     Holdings     Inc           Bank   of  America    Merrill    Lynch
        6,406                                               (4,548)
            Atlas   Financial     Holdings     Inc           Goldman    Sachs
        5,972                                               (4,240)
            Atlas   Financial     Holdings     Inc           Morgan    Stanley
        4,204                                               (1,513)
            Atlassian     Corp   Plc   ‘A’             Bank   of  America    Merrill    Lynch
        12,878                                               135,090
            Atlassian     Corp   Plc   ‘A’             Morgan    Stanley
        (1,018)                                               (13,275)
        26,432    Atmos   Energy    Corp                 Goldman    Sachs               (119,617)
            Atmos   Energy    Corp                 Morgan    Stanley
        98,864                                               (288,683)
            ATN  International       Inc              Bank   of  America    Merrill    Lynch
       (33,719)                                                (63,392)
            AtriCure     Inc                   Bank   of  America    Merrill    Lynch
        6,771                                                9,479
            Atrion    Corp                    Bank   of  America    Merrill    Lynch
        (1,076)                                               (54,521)
            Atrion    Corp                    Goldman    Sachs
        (2,276)                                               (116,498)
            aTyr   Pharma    Inc                 Bank   of  America    Merrill    Lynch
        7,687                                                1,153
            Audentes     Therapeutics       Inc            Goldman    Sachs
        1,272                                                1,170
            Autodesk     Inc                   Morgan    Stanley
       (10,106)                                               (108,235)
            Autodesk     Inc                   Bank   of  America    Merrill    Lynch
       (21,485)                                               (195,728)
            Autoliv    Inc                   Goldman    Sachs
       (15,289)                                                (6,727)
            Automatic     Data   Processing      Inc          Morgan    Stanley
        76,090                                               416,212
            Automatic     Data   Processing      Inc          Goldman    Sachs
        17,719                                               (15,770)
            Automatic     Data   Processing      Inc          Bank   of  America    Merrill    Lynch
        7,586                                               (6,752)
            AutoNation      Inc                  Bank   of  America    Merrill    Lynch
        58,104                                               (51,132)
            AutoNation      Inc                  Morgan    Stanley
        22,789                                                (1,367)
            AutoZone     Inc                   Goldman    Sachs
         184                                               (499)
            AutoZone     Inc                   Morgan    Stanley
         346                                              (4,380)
            AutoZone     Inc                   Bank   of  America    Merrill    Lynch
         (150)                                                (724)
         (478)   AutoZone     Inc                   Goldman    Sachs                (2,309)
            Avalara    Inc                   Bank   of  America    Merrill    Lynch
        2,293                                                 275
            Avalara    Inc                   Morgan    Stanley
        1,233                                                 949
            Avalara    Inc                   Goldman    Sachs
        22,708                                                11,372
            AvalonBay     Communities      Inc  (Reit)          Goldman    Sachs
         (114)                                                (808)
            AvalonBay     Communities      Inc  (Reit)          Morgan    Stanley
        (1,796)                                                (7,004)
            Avangrid     Inc                   Goldman    Sachs
        1,942                                                 756
            Avangrid     Inc                   Morgan    Stanley
        4,703                                                 993
            Avangrid     Inc                   Bank   of  America    Merrill    Lynch
       (159,251)                                                (49,368)
            Avangrid     Inc                   Bank   of  America    Merrill    Lynch
         884                                               (699)
            Avanos    Medical    Inc                Morgan    Stanley
        10,802                                                (6,157)
                                  99/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Avanos    Medical    Inc                Bank   of  America    Merrill    Lynch
       (45,017)                                                56,721
            Avanos    Medical    Inc                Goldman    Sachs
       (32,212)                                                40,204
            Avery   Dennison     Corp                Bank   of  America    Merrill    Lynch
        23,076                                                86,073
            Avid   Bioservices      Inc               Goldman    Sachs
       (127,037)                                                (54,626)
            Avid   Technology      Inc               Bank   of  America    Merrill    Lynch
       (28,938)                                                10,707
            Avis   Budget    Group   Inc              Bank   of  America    Merrill    Lynch
       (65,884)                                                145,933
            Avnet   Inc                    Bank   of  America    Merrill    Lynch
       (31,513)                                                (22,374)
            Avon   Products     Inc                Goldman    Sachs
        1,374                                                 (14)
            Avrobio    Inc                   Goldman    Sachs
        (4,141)                                                8,779
            AVX  Corp                      Goldman    Sachs
        64,221                                                (7,064)
            AVX  Corp                      Morgan    Stanley
        8,057                                                1,370
            AVX  Corp                      Bank   of  America    Merrill    Lynch
       255,602                                                (28,116)
            Axa  Equitable     Holdings     Inc            Morgan    Stanley
        33,286                                                10,652
            Axalta    Coating    Systems    Ltd            Morgan    Stanley
        31,073                                                5,593
            Axalta    Coating    Systems    Ltd            Goldman    Sachs
        23,675                                                (1,894)
        79,347    Axalta    Coating    Systems    Ltd            Bank   of  America    Merrill    Lynch       (6,348)
            Axcelis    Technologies       Inc             Bank   of  America    Merrill    Lynch
        6,567                                               16,943
            Axcelis    Technologies       Inc             Morgan    Stanley
        6,088                                               10,350
            Axis   Capital    Holdings     Ltd            Bank   of  America    Merrill    Lynch
       (22,345)                                                (31,060)
            Axis   Capital    Holdings     Ltd            Morgan    Stanley
        (9,012)                                               (14,870)
            Axis   Capital    Holdings     Ltd            Goldman    Sachs
       (54,534)                                                (75,802)
            AxoGen    Inc                    Bank   of  America    Merrill    Lynch
       (47,954)                                                26,854
            AxoGen    Inc                    Morgan    Stanley
       (14,823)                                                (21,345)
            Axon   Enterprise      Inc               Bank   of  America    Merrill    Lynch
        (5,393)                                                32,574
            Axon   Enterprise      Inc               Morgan    Stanley
       (14,002)                                                43,966
            Axos   Financial     Inc                Goldman    Sachs
        2,791                                                2,239
            Axos   Financial     Inc                Bank   of  America    Merrill    Lynch
       (81,655)                                                (34,295)
            Axos   Financial     Inc                Goldman    Sachs
       (47,938)                                                (20,134)
            Axos   Financial     Inc                Morgan    Stanley
       (27,594)                                                (43,047)
            Axos   Financial     Inc                Morgan    Stanley
        1,325                                                2,067
            AZZ  Inc                      Goldman    Sachs
        (5,901)                                                4,308
            AZZ  Inc                      Morgan    Stanley
        (7,926)                                                (2,140)
            B.  Riley   Financial     Inc              Goldman    Sachs
        (2,022)                                                (1,415)
            B.  Riley   Financial     Inc              Bank   of  America    Merrill    Lynch
       (327,506)                                                (229,254)
       (11,773)     B.  Riley   Financial     Inc              Morgan    Stanley                (4,238)
            Babcock    & Wilcox    Enterprises      Inc         Bank   of  America    Merrill    Lynch
       (23,667)                                                 (286)
            Babcock    & Wilcox    Enterprises      Inc         Goldman    Sachs
       (235,730)                                                 (2,852)
            Baker   Hughes    ▶ GE  Co              Goldman    Sachs
        29,864                                               (11,946)
            Baker   Hughes    ▶ GE  Co              Bank   of  America    Merrill    Lynch
        (5,238)                                                2,095
            Balchem    Corp                   Bank   of  America    Merrill    Lynch
        3,156                                               (12,592)
            Balchem    Corp                   Morgan    Stanley
         842                                               1,507
            Balchem    Corp                   Goldman    Sachs
         763                                               (429)
            Ball   Corp                     Bank   of  America    Merrill    Lynch
       (34,607)                                                26,301
            Banc   of  California      Inc              Goldman    Sachs
       (30,996)                                                (18,288)
            Banc   of  California      Inc              Bank   of  America    Merrill    Lynch
       (130,008)                                                (76,705)
                                100/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Banco   Bradesco     SA  ADR              Morgan    Stanley
       117,557                                                36,443
            Banco   de  Chile   ADR                Morgan    Stanley
        16,161                                                8,081
            Banco   Santander     Brasil    SA  ADR          Goldman    Sachs
        19,891                                                (1,193)
            Banco   Santander     Brasil    SA  ADR          Morgan    Stanley
       166,574                                                33,315
            Banco   Santander     Chile   ADR            Goldman    Sachs
        (5,889)                                                 (707)
            Banco   Santander     Chile   ADR            Morgan    Stanley
       (62,612)                                                (51,968)
            Banco   Santander     SA  ADR              Morgan    Stanley
       (20,300)                                                (1,320)
            Bancolombia      SA  ADR                Morgan    Stanley
       (22,485)                                                19,562
            Bancolombia      SA  ADR                Goldman    Sachs
       (28,226)                                                64,638
            Bancorp    Inc/The                   Bank   of  America    Merrill    Lynch
        29,324                                               (14,369)
            Bancorp    Inc/The                   Goldman    Sachs
        27,646                                               (13,547)
            Bancorp    Inc/The                   Morgan    Stanley
        28,683                                                 (574)
            BancorpSouth       Bank                 Morgan    Stanley
        6,372                                                5,098
            BancorpSouth       Bank                 Bank   of  America    Merrill    Lynch
       262,386                                                257,138
            BancorpSouth       Bank                 Goldman    Sachs
        62,137                                                60,894
       227,066     Bank   of  America    Corp               Goldman    Sachs                52,225
            Bank   of  Commerce     Holdings               Bank   of  America    Merrill    Lynch
       158,451                                                (80,810)
            Bank   of  Commerce     Holdings               Goldman    Sachs
        60,250                                               (30,728)
            Bank   of  Commerce     Holdings               Morgan    Stanley
        40,396                                                (9,291)
            Bank   of  Hawaii    Corp                Goldman    Sachs
        6,259                                                4,028
            Bank   of  Hawaii    Corp                Bank   of  America    Merrill    Lynch
        7,876                                                5,119
            Bank   of  Hawaii    Corp                Morgan    Stanley
        13,098                                                5,370
            Bank   of  Marin   Bancorp                Goldman    Sachs
        11,322                                                4,925
            Bank   of  Marin   Bancorp                Bank   of  America    Merrill    Lynch
        26,642                                                11,589
            Bank   of  Marin   Bancorp                Morgan    Stanley
        2,000                                                1,360
            Bank   of  New  York   Mellon    Corp/The           Morgan    Stanley
       (12,306)                                                (14,767)
            Bank   of  New  York   Mellon    Corp/The           Bank   of  America    Merrill    Lynch
       (47,747)                                                (87,854)
            Bank   of  New  York   Mellon    Corp/The           Goldman    Sachs
       (57,472)                                               (105,394)
            Bank   of  Princeton/The                   Bank   of  America    Merrill    Lynch
        (4,047)                                                 931
            Bank   of  Princeton/The                   Morgan    Stanley
        (8,614)                                                 (603)
            Bank   OZK                     Goldman    Sachs
        30,400                                                21,888
            Bank   OZK                     Morgan    Stanley
        25,407                                                14,736
            BankFinancial       Corp                Bank   of  America    Merrill    Lynch
        32,486                                                14,944
            BankFinancial       Corp                Goldman    Sachs
        38,868                                                14,932
        31,015    BankFinancial       Corp                Morgan    Stanley                  620
            BankUnited      Inc                  Bank   of  America    Merrill    Lynch
        (7,491)                                                (2,547)
            BankUnited      Inc                  Goldman    Sachs
        (4,797)                                                (1,631)
            Bankwell     Financial     Group   Inc           Morgan    Stanley
        (2,343)                                                 633
            Bankwell     Financial     Group   Inc           Bank   of  America    Merrill    Lynch
        (1,153)                                                 127
            Bankwell     Financial     Group   Inc           Goldman    Sachs
        (1,252)                                                  70
            Banner    Corp                    Bank   of  America    Merrill    Lynch
       143,129                                               (131,679)
            Bar  Harbor    Bankshares                  Bank   of  America    Merrill    Lynch
       (13,095)                                                (11,000)
            Bar  Harbor    Bankshares                  Goldman    Sachs
        (2,021)                                                (1,698)
            Barnes    & Noble   Education     Inc           Goldman    Sachs
        4,677                                                 399
            Barnes    & Noble   Inc                Goldman    Sachs
       121,981                                                25,606
                                101/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Barnes    Group   Inc                 Morgan    Stanley
       (49,882)                                                (3,492)
            Barnes    Group   Inc                 Bank   of  America    Merrill    Lynch
       (45,534)                                                32,329
            Barnes    Group   Inc                 Goldman    Sachs
       (22,257)                                                15,802
            Basic   Energy    Services     Inc            Morgan    Stanley
        4,500                                                (315)
            Basic   Energy    Services     Inc            Bank   of  America    Merrill    Lynch
        91,133                                               (95,690)
            Bassett    Furniture     Industries      Inc         Bank   of  America    Merrill    Lynch
        9,643                                                6,943
            Bassett    Furniture     Industries      Inc         Goldman    Sachs
        4,282                                                3,083
            Bassett    Furniture     Industries      Inc         Morgan    Stanley
        4,196                                                1,385
            Bausch    Health    Cos  Inc              Bank   of  America    Merrill    Lynch
        5,750                                               (8,338)
            Bausch    Health    Cos  Inc              Goldman    Sachs
        10,576                                               (15,335)
            Baxter    International       Inc             Goldman    Sachs
        (7,878)                                               (22,956)
            Baxter    International       Inc             Bank   of  America    Merrill    Lynch
        (3,374)                                                (7,187)
            Baycom    Corp                    Bank   of  America    Merrill    Lynch
        4,381                                               (6,747)
            Baycom    Corp                    Goldman    Sachs
        5,517                                               (8,496)
            Baycom    Corp                    Morgan    Stanley
        7,103                                               (9,021)
       117,880     BB&T   Corp                     Bank   of  America    Merrill    Lynch       (55,404)
            BB&T   Corp                     Goldman    Sachs
        14,836                                                (6,973)
            Beacon    Roofing    Supply    Inc            Goldman    Sachs
        9,547                                               71,507
            Beacon    Roofing    Supply    Inc            Morgan    Stanley
        19,401                                                40,160
            Beasley    Broadcast     Group   Inc   ‘A’         Morgan    Stanley
       (10,570)                                                 5,074
            Beazer    Homes   USA  Inc               Bank   of  America    Merrill    Lynch
        57,585                                                82,347
            Becton    Dickinson     and  Co             Goldman    Sachs
        (7,276)                                               (84,944)
            Becton    Dickinson     and  Co             Morgan    Stanley
        (7,173)                                               (73,882)
            Becton    Dickinson     and  Co             Bank   of  America    Merrill    Lynch
       (29,939)                                               (367,651)
            Bed  Bath   & Beyond    Inc              Bank   of  America    Merrill    Lynch
       (73,919)                                                51,743
            Belden    Inc                    Bank   of  America    Merrill    Lynch
        (2,999)                                                 840
            Bellicum     Pharmaceuticals        Inc           Goldman    Sachs
        17,597                                                 (662)
            Belmond    Ltd   ‘A’                 Goldman    Sachs
        (3,773)                                                2,867
            Benchmark     Electronics      Inc            Bank   of  America    Merrill    Lynch
       (105,173)                                                 (5,259)
            Benefitfocus       Inc                 Bank   of  America    Merrill    Lynch
        21,831                                               132,653
            Benefitfocus       Inc                 Morgan    Stanley
        9,616                                               71,255
            Berkshire     Hathaway     Inc   ‘B’           Bank   of  America    Merrill    Lynch
        (3,444)                                                (2,893)
            Berkshire     Hills   Bancorp    Inc           Bank   of  America    Merrill    Lynch
       (139,011)                                                 22,242
            Berry   Global    Group   Inc              Bank   of  America    Merrill    Lynch
       (36,935)                                                (8,495)
       (11,537)     Best   Buy  Co  Inc                 Bank   of  America    Merrill    Lynch       40,495
            BG  Staffing     Inc                 Bank   of  America    Merrill    Lynch
       (63,133)                                                 3,157
            BG  Staffing     Inc                 Goldman    Sachs
         (903)                                                 45
            BGC  Partners     Inc   ‘A’              Bank   of  America    Merrill    Lynch
       (274,747)                                                 50,828
            BGC  Partners     Inc   ‘A’              Morgan    Stanley
       (218,434)                                                (22,936)
            BGC  Partners     Inc   ‘A’              Goldman    Sachs
       (83,333)                                                (2,108)
            Big  5 Sporting     Goods   Corp             Bank   of  America    Merrill    Lynch
       (32,427)                                                 9,404
            Big  5 Sporting     Goods   Corp             Goldman    Sachs
        (7,312)                                                2,120
            Big  5 Sporting     Goods   Corp             Morgan    Stanley
        (7,462)                                                 (75)
            Big  Lots   Inc                   Bank   of  America    Merrill    Lynch
        (2,980)                                                (4,619)
            Biglari    Holdings     Inc   ‘A’            Bank   of  America    Merrill    Lynch
          87                                              (2,349)
                                102/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Biglari    Holdings     Inc   ‘A’            Goldman    Sachs
          85                                              (2,295)
            Biglari    Holdings     Inc   ‘A’            Morgan    Stanley
          56                                              (1,400)
            Biglari    Holdings     Inc   ‘B’            Bank   of  America    Merrill    Lynch
        5,279                                                2,323
            Biglari    Holdings     Inc   ‘B’            Goldman    Sachs
        2,155                                                 948
            Biglari    Holdings     Inc   ‘B’            Morgan    Stanley
        1,873                                                4,701
            Bio-Techne      Corp                  Bank   of  America    Merrill    Lynch
       (13,801)                                                26,222
            Bio-Techne      Corp                  Morgan    Stanley
        (5,765)                                                (9,628)
            BioCryst     Pharmaceuticals        Inc           Goldman    Sachs
       (94,222)                                               (161,120)
            BioCryst     Pharmaceuticals        Inc           Bank   of  America    Merrill    Lynch
       (79,817)                                               (136,487)
            BioMarin     Pharmaceutical        Inc           Bank   of  America    Merrill    Lynch
       (14,294)                                                (16,724)
            BioScrip     Inc                   Morgan    Stanley
       (91,265)                                                (67,536)
            BioSpecifics       Technologies       Corp          Bank   of  America    Merrill    Lynch
        4,318                                                4,793
            BioSpecifics       Technologies       Corp          Goldman    Sachs
         804                                                892
            BioTelemetry       Inc                 Goldman    Sachs
        (2,693)                                               (26,203)
            BioTelemetry       Inc                 Morgan    Stanley
        1,214                                               12,516
        (1,617)    BioTelemetry       Inc                 Morgan    Stanley                (16,671)
            BioTelemetry       Inc                 Bank   of  America    Merrill    Lynch
        3,998                                               38,901
            BioTelemetry       Inc                 Goldman    Sachs
        4,270                                               41,547
            BioTime    Inc                   Bank   of  America    Merrill    Lynch
       (19,946)                                                 7,779
            BioTime    Inc                   Morgan    Stanley
       (85,028)                                                24,658
            BJ’s   Restaurants      Inc              Bank   of  America    Merrill    Lynch
        45,416                                               (367,870)
            BJ’s   Wholesale     Club    Holdings     Inc        Bank   of  America    Merrill    Lynch
        84,711                                               125,372
            BJ’s   Wholesale     Club   Holdings     Inc        Goldman    Sachs
        29,445                                                43,978
            BJ’s   Wholesale     Club   Holdings     Inc        Morgan    Stanley
        23,553                                                28,028
            Black   Hills   Corp                 Goldman    Sachs
        22,021                                                50,428
            Black   Hills   Corp                 Bank   of  America    Merrill    Lynch
        76,744                                               175,744
            Black   Hills   Corp                 Morgan    Stanley
        94,846                                               166,929
            Blackbaud     Inc                  Goldman    Sachs
        (4,126)                                               (14,027)
            Blackbaud     Inc                  Bank   of  America    Merrill    Lynch
       (66,383)                                               (148,698)
            Blackbaud     Inc                  Morgan    Stanley
         (504)                                               (1,406)
            Blackline     Inc                  Morgan    Stanley
        (6,406)                                               (24,151)
            Blackstone      Mortgage     Trust   Inc   ‘A’   (Reit)     Goldman    Sachs
        (2,714)                                                 940
            Blackstone      Mortgage     Trust   Inc   ‘A’   (Reit)     Bank   of  America    Merrill    Lynch
        36,395                                                14,922
            Blackstone      Mortgage     Trust   Inc   ‘A’   (Reit)     Goldman    Sachs
        39,315                                                16,119
        16,265    Bloom   Energy    Corp   ‘A’              Bank   of  America    Merrill    Lynch       16,916
            Bloomin’     Brands    Inc               Goldman    Sachs
        15,565                                               (12,141)
            Bloomin’     Brands    Inc               Bank   of  America    Merrill    Lynch
        80,467                                               (62,764)
            Blucora    Inc                   Bank   of  America    Merrill    Lynch
       (54,696)                                                (81,497)
            Blucora    Inc                   Goldman    Sachs
        (8,325)                                               (13,157)
            Blue   Bird   Corp                  Bank   of  America    Merrill    Lynch
       (10,245)                                                 4,200
            Blue   Bird   Corp                  Goldman    Sachs
        (4,967)                                                2,036
            Blue   Bird   Corp                  Morgan    Stanley
       (108,081)                                                605,241
            Blue   Hills   Bancorp    Inc              Bank   of  America    Merrill    Lynch
       (136,559)                                                (19,118)
            Blue   Hills   Bancorp    Inc              Goldman    Sachs
       (56,343)                                                (8,956)
            Bluebird     Bio  Inc                 Bank   of  America    Merrill    Lynch
       (18,156)                                                (8,715)
                                103/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            BlueLinx     Holdings     Inc              Goldman    Sachs
       (36,014)                                                (90,755)
            BlueLinx     Holdings     Inc              Morgan    Stanley
       (13,793)                                                (42,069)
            BlueLinx     Holdings     Inc              Bank   of  America    Merrill    Lynch
        (7,359)                                               (18,545)
            Blueprint     Medicines     Corp             Bank   of  America    Merrill    Lynch
       (26,026)                                               (135,856)
            Blueprint     Medicines     Corp             Goldman    Sachs
        (8,273)                                               (43,185)
            BMC  Stock   Holdings     Inc              Bank   of  America    Merrill    Lynch
        3,541                                                2,762
            Boeing    Co/The                    Goldman    Sachs
        4,135                                               31,270
            Boeing    Co/The                    Morgan    Stanley
        9,199                                               243,774
            Boingo    Wireless     Inc               Bank   of  America    Merrill    Lynch
        28,022                                                18,495
            Boingo    Wireless     Inc               Goldman    Sachs
        24,094                                                15,902
            Boise   Cascade    Co                Bank   of  America    Merrill    Lynch
        15,776                                                (5,364)
            Boise   Cascade    Co                Goldman    Sachs
        28,729                                               (11,104)
            Boise   Cascade    Co                Morgan    Stanley
        22,646                                                (8,205)
            BOK  Financial     Corp                Goldman    Sachs
        3,300                                               (5,181)
            BOK  Financial     Corp                Bank   of  America    Merrill    Lynch
        8,040                                               (12,623)
         (248)   Booking    Holdings     Inc               Goldman    Sachs               (12,112)
            Boot   Barn   Holdings     Inc              Goldman    Sachs
        (8,732)                                                (6,695)
            Booz   Allen   Hamilton     Holding    Corp         Bank   of  America    Merrill    Lynch
        85,508                                               (118,856)
            BorgWarner      Inc                  Bank   of  America    Merrill    Lynch
        86,970                                               (53,052)
            BorgWarner      Inc                  Morgan    Stanley
        43,042                                               (13,343)
            Boston    Beer   Co  Inc/The     ‘A’           Bank   of  America    Merrill    Lynch
         (526)                                               14,044
            Boston    Private    Financial     Holdings     Inc      Bank   of  America    Merrill    Lynch
       201,329                                               (106,704)
            Boston    Private    Financial     Holdings     Inc      Morgan    Stanley
        38,401                                                (2,304)
            Boston    Properties      Inc  (Reit)            Bank   of  America    Merrill    Lynch
        17,396                                               110,291
            Boston    Properties      Inc  (Reit)            Morgan    Stanley
        50,859                                               249,209
            Boston    Scientific      Corp              Goldman    Sachs
        5,355                                               16,573
            Bottomline      Technologies       DE  Inc          Goldman    Sachs
        (8,915)                                               (14,558)
            Box  Inc   ‘A’                   Bank   of  America    Merrill    Lynch
       101,280                                                57,730
            Box  Inc   ‘A’                   Goldman    Sachs
        27,138                                                15,469
            Boyd   Gaming    Corp                 Bank   of  America    Merrill    Lynch
       150,448                                                (48,143)
            Boyd   Gaming    Corp                 Morgan    Stanley
        21,393                                                38,080
            Boyd   Gaming    Corp                 Goldman    Sachs
        48,587                                               (15,548)
            Braemar    Hotels    & Resorts    Inc  (Reit)         Bank   of  America    Merrill    Lynch
       (79,146)                                                (12,663)
            Brandywine      Realty    Trust   (Reit)           Goldman    Sachs
        96,566                                                (2,787)
       645,062     Brandywine      Realty    Trust   (Reit)           Bank   of  America    Merrill    Lynch       (6,451)
            Brandywine      Realty    Trust   (Reit)           Morgan    Stanley
       297,590                                                12,591
            Braskem    SA  ADR                  Goldman    Sachs
        24,512                                                31,866
            Braskem    SA  ADR                  Morgan    Stanley
        16,853                                                1,348
            BRF  SA  ADR                    Goldman    Sachs
       (144,106)                                                (72,053)
            BRF  SA  ADR                    Morgan    Stanley
       (231,759)                                                (23,176)
            Bridge    Bancorp    Inc                Bank   of  America    Merrill    Lynch
       (194,911)                                                 91,608
            Bridge    Bancorp    Inc                Goldman    Sachs
       (10,864)                                                 5,106
            Bridgepoint      Education     Inc            Bank   of  America    Merrill    Lynch
        62,727                                               (16,309)
            Bridgepoint      Education     Inc            Goldman    Sachs
        67,767                                               (17,619)
            Bridgepoint      Education     Inc            Morgan    Stanley
        30,205                                                6,041
                                104/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Bridgewater      Bancshares      Inc            Bank   of  America    Merrill    Lynch
       137,034                                                25,351
            Bridgewater      Bancshares      Inc            Goldman    Sachs
        30,016                                                5,553
            Bridgewater      Bancshares      Inc            Morgan    Stanley
        22,425                                                9,082
            Briggs    & Stratton     Corp              Bank   of  America    Merrill    Lynch
        51,749                                               (52,784)
            Bright    Horizons     Family    Solutions     Inc       Bank   of  America    Merrill    Lynch
        2,955                                               13,091
            Bright    Horizons     Family    Solutions     Inc       Goldman    Sachs
        3,029                                               13,418
            Brightcove      Inc                  Goldman    Sachs
        (7,621)                                                2,058
            Brighthouse      Financial     Inc            Morgan    Stanley
       (74,359)                                               (156,897)
            Brighthouse      Financial     Inc            Bank   of  America    Merrill    Lynch
       (48,936)                                                16,149
            BrightSphere       Investment      Group   Plc        Bank   of  America    Merrill    Lynch
        2,161                                                 598
            BrightView      Holdings     Inc             Bank   of  America    Merrill    Lynch
        34,677                                               (13,871)
            BrightView      Holdings     Inc             Goldman    Sachs
        61,481                                               (19,754)
            BrightView      Holdings     Inc             Morgan    Stanley
        35,423                                                31,526
            Brink’s     Co/The                   Bank   of  America    Merrill    Lynch
       (69,570)                                               (188,535)
            Brinker    International       Inc            Goldman    Sachs
        (3,053)                                                (4,549)
       (90,364)     Brinker    International       Inc            Morgan    Stanley               (279,225)
            Brinker    International       Inc            Morgan    Stanley
        11,774                                                36,382
            Bristol-Myers       Squibb    Co             Bank   of  America    Merrill    Lynch
        33,552                                               (28,519)
            Bristow    Group   Inc                Goldman    Sachs
       (71,245)                                                151,394
            Bristow    Group   Inc                Bank   of  America    Merrill    Lynch
       (26,204)                                                89,094
            Bristow    Group   Inc                Morgan    Stanley
        (4,384)                                                2,192
            Brixmor    Property     Group   Inc  (Reit)          Bank   of  America    Merrill    Lynch
       165,595                                                164,767
            Brixmor    Property     Group   Inc  (Reit)          Morgan    Stanley
       181,374                                                171,398
            Broadcom     Inc                   Bank   of  America    Merrill    Lynch
        (1,565)                                                 783
            Broadridge      Financial     Solutions     Inc        Goldman    Sachs
        4,225                                               17,014
            Broadridge      Financial     Solutions     Inc        Bank   of  America    Merrill    Lynch
        2,913                                               (9,030)
            Brookdale     Senior    Living    Inc           Goldman    Sachs
        15,368                                                (3,381)
            Brookdale     Senior    Living    Inc           Morgan    Stanley
        22,160                                                5,983
            Brookfield      Property     REIT   Inc  (Reit)    ‘A’    Bank   of  America    Merrill    Lynch
        (2,911)                                                2,678
            Brookline     Bancorp    Inc              Bank   of  America    Merrill    Lynch
       (486,604)                                                (136,249)
            Brooks    Automation      Inc              Goldman    Sachs
        7,475                                               26,638
            Brooks    Automation      Inc              Bank   of  America    Merrill    Lynch
       (63,381)                                               (101,410)
            Brooks    Automation      Inc              Bank   of  America    Merrill    Lynch
         600                                               1,298
            Brooks    Automation      Inc              Morgan    Stanley
        4,662                                               24,802
        95,232    Brown   & Brown   Inc                Morgan    Stanley                70,472
            Brown-Forman       Corp   ‘B’              Goldman    Sachs
        45,233                                                (7,065)
            Brown-Forman       Corp   ‘B’              Morgan    Stanley
        99,276                                               106,157
            Bruker    Corp                    Goldman    Sachs
        8,450                                                7,098
            Bruker    Corp                    Bank   of  America    Merrill    Lynch
        29,153                                                24,489
            Bruker    Corp                    Morgan    Stanley
        26,539                                                28,131
            Brunswick     Corp/DE                  Goldman    Sachs
        7,511                                               (8,037)
            Brunswick     Corp/DE                  Morgan    Stanley
        55,989                                               (20,716)
            Brunswick     Corp/DE                  Bank   of  America    Merrill    Lynch
        (6,984)                                                7,473
            Bryn   Mawr   Bank   Corp                Bank   of  America    Merrill    Lynch
       (24,788)                                                14,129
            BSB  Bancorp    Inc/MA                 Bank   of  America    Merrill    Lynch
         830                                               3,187
                                105/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Buckle    Inc/The                    Morgan    Stanley
       (64,562)                                                (2,582)
            Buckle    Inc/The                    Goldman    Sachs
       (21,309)                                                14,064
            Build-A-Bear       Workshop     Inc            Bank   of  America    Merrill    Lynch
        (3,177)                                                5,020
            Build-A-Bear       Workshop     Inc            Morgan    Stanley
       (15,019)                                                21,027
            Builders     FirstSource      Inc             Goldman    Sachs
       (12,795)                                                (13,819)
            Builders     FirstSource      Inc             Bank   of  America    Merrill    Lynch
       (111,505)                                                (120,425)
            Builders     FirstSource      Inc             Morgan    Stanley
       (73,177)                                                (39,516)
            Bunge   Ltd                    Goldman    Sachs
        (5,272)                                                3,707
            Bunge   Ltd                    Bank   of  America    Merrill    Lynch
        17,939                                               (26,370)
            Burlington      Stores    Inc              Goldman    Sachs
        1,881                                               40,848
            Burlington      Stores    Inc              Morgan    Stanley
        5,819                                               123,426
            BWX  Technologies       Inc               Goldman    Sachs
       (14,316)                                                (16,469)
            BWX  Technologies       Inc               Bank   of  America    Merrill    Lynch
       (57,277)                                                (54,986)
            BWX  Technologies       Inc               Morgan    Stanley
        (9,344)                                               (14,483)
            Byline    Bancorp    Inc                Bank   of  America    Merrill    Lynch
        (1,279)                                                 691
        (5,633)    Byline    Bancorp    Inc                Goldman    Sachs                 936
            C&F  Financial     Corp                Bank   of  America    Merrill    Lynch
        (4,478)                                                15,628
            C&F  Financial     Corp                Goldman    Sachs
        (2,577)                                                8,994
            C&J  Energy    Services     Inc             Morgan    Stanley
        (5,445)                                                 272
            Cable   One  Inc                  Bank   of  America    Merrill    Lynch
        (1,317)                                               (27,420)
            Cable   One  Inc                  Morgan    Stanley
         (379)                                              (14,171)
            Cabot   Corp                    Goldman    Sachs
        33,603                                               (61,830)
            Cabot   Corp                    Bank   of  America    Merrill    Lynch
        32,956                                               (60,639)
            Cabot   Corp                    Morgan    Stanley
        34,242                                                45,199
            Cabot   Oil  & Gas  Corp               Goldman    Sachs
       (15,758)                                                 3,316
            Cabot   Oil  & Gas  Corp               Bank   of  America    Merrill    Lynch
       (28,784)                                                28,352
            CACI   International       Inc   ‘A’           Bank   of  America    Merrill    Lynch
        1,537                                               (19,950)
            CACI   International       Inc   ‘A’           Bank   of  America    Merrill    Lynch
       (28,040)                                                363,959
            CACI   International       Inc   ‘A’           Goldman    Sachs
         (794)                                               6,010
            Cactus    Inc   ‘A’                 Bank   of  America    Merrill    Lynch
        30,486                                               (112,188)
            Cactus    Inc   ‘A’                 Goldman    Sachs
        18,674                                               (68,720)
            Cadence    BanCorp                   Goldman    Sachs
       (19,802)                                                14,155
            Cadence    BanCorp                   Bank   of  America    Merrill    Lynch
       194,729                                               (151,889)
            Cadence    BanCorp                   Goldman    Sachs
        46,520                                               (33,847)
        29,242    Cadence    BanCorp                   Morgan    Stanley                 4,386
            Cadence    Design    Systems    Inc            Goldman    Sachs
        9,105                                               (12,656)
            Cadence    Design    Systems    Inc            Bank   of  America    Merrill    Lynch
        27,613                                               (38,382)
            Cadiz   Inc                    Bank   of  America    Merrill    Lynch
        5,884                                                (824)
            Cadiz   Inc                    Goldman    Sachs
        6,300                                               (2,003)
            Cadiz   Inc                    Morgan    Stanley
        2,420                                                (702)
            Caesars    Entertainment       Corp            Goldman    Sachs
       (215,413)                                                (11,848)
            CAI  International       Inc              Bank   of  America    Merrill    Lynch
        (5,442)                                                4,354
            Calavo    Growers    Inc                Bank   of  America    Merrill    Lynch
         397                                                798
            Caleres    Inc                   Goldman    Sachs
        (2,522)                                                8,146
            Caleres    Inc                   Goldman    Sachs
        16,761                                               (54,138)
                                106/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Caleres    Inc                   Morgan    Stanley
        1,475                                                2,404
            California      Resources     Corp             Morgan    Stanley
       (18,430)                                                 1,081
            California      Resources     Corp             Bank   of  America    Merrill    Lynch
        (2,787)                                                3,121
            California      Water   Service    Group           Bank   of  America    Merrill    Lynch
        (3,236)                                                (4,498)
            Calithera     Biosciences      Inc            Morgan    Stanley
        29,180                                                1,167
            Calithera     Biosciences      Inc            Bank   of  America    Merrill    Lynch
        65,202                                               (13,040)
            Calithera     Biosciences      Inc            Goldman    Sachs
        93,443                                               (18,689)
            Calix   Inc                    Bank   of  America    Merrill    Lynch
        79,438                                               (82,616)
            Calix   Inc                    Morgan    Stanley
        30,836                                                (8,326)
            Calix   Inc                    Goldman    Sachs
        52,683                                               (51,153)
            Callaway     Golf   Co                Bank   of  America    Merrill    Lynch
        38,890                                               (160,616)
            Callon    Petroleum     Co               Bank   of  America    Merrill    Lynch
       (454,072)                                                563,049
            Cambrex    Corp                   Bank   of  America    Merrill    Lynch
       (34,798)                                                (29,230)
            Cambrex    Corp                   Morgan    Stanley
        (2,500)                                                 (700)
            Cambrex    Corp                   Goldman    Sachs
        (5,601)                                                (4,705)
       (16,717)     Camden    National     Corp               Bank   of  America    Merrill    Lynch       19,893
            Camden    National     Corp               Goldman    Sachs
       (56,059)                                                66,710
            Campbell     Soup   Co                Goldman    Sachs
       (59,287)                                                 3,557
            Campbell     Soup   Co                Bank   of  America    Merrill    Lynch
       (16,317)                                                  979
            Canada    Goose   Holdings     Inc            Goldman    Sachs
        (1,259)                                                1,575
            Canada    Goose   Holdings     Inc            Morgan    Stanley
        (3,105)                                                7,763
            Cantel    Medical    Corp                Bank   of  America    Merrill    Lynch
        30,860                                                41,352
            Cantel    Medical    Corp                Morgan    Stanley
        14,399                                                18,287
            Cantel    Medical    Corp                Goldman    Sachs
        21,347                                                28,605
            Capital    City   Bank   Group   Inc           Bank   of  America    Merrill    Lynch
        57,647                                                91,082
            Capital    City   Bank   Group   Inc           Goldman    Sachs
        22,174                                                35,216
            Capital    City   Bank   Group   Inc           Morgan    Stanley
        22,819                                                36,054
            Capital    One  Financial     Corp            Goldman    Sachs
        5,485                                               (2,797)
            Capital    One  Financial     Corp            Bank   of  America    Merrill    Lynch
        32,682                                               (16,668)
            Capital    Senior    Living    Corp            Bank   of  America    Merrill    Lynch
       (88,000)                                                (77,440)
            Capstead     Mortgage     Corp   (Reit)            Goldman    Sachs
       (201,102)                                                (35,193)
            Capstead     Mortgage     Corp   (Reit)            Bank   of  America    Merrill    Lynch
       (547,423)                                                (95,799)
            Capstead     Mortgage     Corp   (Reit)            Morgan    Stanley
        (4,063)                                                 (345)
            Cara   Therapeutics       Inc              Bank   of  America    Merrill    Lynch
        8,886                                               (3,199)
        5,616    Cara   Therapeutics       Inc              Goldman    Sachs                (2,022)
            Cara   Therapeutics       Inc              Morgan    Stanley
        7,751                                               (1,395)
            Carbon    Black   Inc                 Goldman    Sachs
        5,197                                               (3,898)
            Carbon    Black   Inc                 Bank   of  America    Merrill    Lynch
        1,868                                               (1,401)
            Carbon    Black   Inc                 Morgan    Stanley
        6,654                                               (5,456)
            Carbonite     Inc                  Goldman    Sachs
        (2,883)                                                 (634)
            Cardinal     Health    Inc               Morgan    Stanley
        16,998                                                37,056
            Cardinal     Health    Inc               Bank   of  America    Merrill    Lynch
        51,173                                               (131,515)
            Cardinal     Health    Inc               Goldman    Sachs
        36,121                                               (76,945)
            Cardiovascular        Systems    Inc            Bank   of  America    Merrill    Lynch
       105,302                                                76,870
            Cardiovascular        Systems    Inc            Goldman    Sachs
        10,729                                                7,832
                                107/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Cardiovascular        Systems    Inc            Morgan    Stanley
        5,752                                                1,323
            Cardlytics      Inc                  Bank   of  America    Merrill    Lynch
        (9,204)                                                (4,694)
            Cardlytics      Inc                  Morgan    Stanley
       (20,037)                                                12,423
            Care.com     Inc                   Goldman    Sachs
        27,142                                               (24,971)
            Care.com     Inc                   Bank   of  America    Merrill    Lynch
        44,379                                               (40,829)
            Care.com     Inc                   Morgan    Stanley
        11,783                                                 825
            Career    Education     Corp               Bank   of  America    Merrill    Lynch
       (76,357)                                                (41,233)
            CareTrust     REIT   Inc  (Reit)              Morgan    Stanley
        60,126                                                31,867
            CareTrust     REIT   Inc  (Reit)              Bank   of  America    Merrill    Lynch
       585,096                                                608,500
            Cargurus     Inc                   Bank   of  America    Merrill    Lynch
        27,644                                                34,831
            Cargurus     Inc                   Goldman    Sachs
        39,977                                                53,545
            Cargurus     Inc                   Morgan    Stanley
        5,626                                                9,395
            CarMax    Inc                    Bank   of  America    Merrill    Lynch
       (10,110)                                                (26,387)
            Carnival     Corp                   Bank   of  America    Merrill    Lynch
        63,077                                                23,969
            Carolina     Financial     Corp              Bank   of  America    Merrill    Lynch
        45,390                                                31,319
        11,172    Carolina     Financial     Corp              Goldman    Sachs                7,709
            Carolina     Financial     Corp              Morgan    Stanley
        5,830                                               (1,807)
            Carpenter     Technology      Corp             Goldman    Sachs
        3,215                                               (4,662)
            Carpenter     Technology      Corp             Morgan    Stanley
        22,344                                                32,175
            Carpenter     Technology      Corp             Bank   of  America    Merrill    Lynch
        18,261                                               (26,478)
            Carriage     Services     Inc              Bank   of  America    Merrill    Lynch
        14,959                                                2,244
            Carriage     Services     Inc              Goldman    Sachs
        33,876                                                5,081
            Carrols    Restaurant      Group   Inc           Bank   of  America    Merrill    Lynch
        96,857                                                6,780
            Carrols    Restaurant      Group   Inc           Goldman    Sachs
        69,047                                                4,833
            Cars.com     Inc                   Goldman    Sachs
         738                                                443
            Cars.com     Inc                   Morgan    Stanley
        8,159                                                6,119
            Carter’s     Inc                  Goldman    Sachs
       (16,603)                                                (72,042)
            Carter’s     Inc                  Morgan    Stanley
        (3,553)                                                (8,207)
            Carter’s     Inc                  Bank   of  America    Merrill    Lynch
       (22,525)                                                (98,209)
            Carvana    Co                   Goldman    Sachs
       (46,276)                                                43,676
            Carvana    Co                   Morgan    Stanley
       (18,843)                                                (66,704)
            Casa   Systems    Inc                 Morgan    Stanley
       (11,949)                                                  358
            Casa   Systems    Inc                 Goldman    Sachs
        4,838                                                 570
            Casella    Waste   Systems    Inc   ‘A’          Bank   of  America    Merrill    Lynch
       (30,542)                                                (72,690)
       281,812     Castlight     Health    Inc   ‘B’            Bank   of  America    Merrill    Lynch       (64,817)
            Castlight     Health    Inc   ‘B’            Goldman    Sachs
       164,737                                                (33,049)
            Castlight     Health    Inc   ‘B’            Morgan    Stanley
        82,846                                               (12,427)
            Catalent     Inc                   Bank   of  America    Merrill    Lynch
       (30,908)                                                (8,654)
            Catalent     Inc                   Morgan    Stanley
       (31,824)                                                (20,367)
            Catalent     Inc                   Goldman    Sachs
       (43,544)                                                (25,136)
            Catalyst     Biosciences      Inc             Bank   of  America    Merrill    Lynch
       (33,293)                                                16,979
            Caterpillar      Inc                 Bank   of  America    Merrill    Lynch
        (3,684)                                                (9,247)
            Caterpillar      Inc                 Morgan    Stanley
        (1,447)                                               (13,906)
            Cathay    General    Bancorp                Bank   of  America    Merrill    Lynch
       267,366                                                 2,674
            Cathay    General    Bancorp                Morgan    Stanley
        48,110                                                30,406
                                108/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Cathay    General    Bancorp                Goldman    Sachs
        35,648                                                 356
            Cato   Corp/The     ‘A’                Bank   of  America    Merrill    Lynch
       151,450                                               (374,082)
            Cato   Corp/The     ‘A’                Goldman    Sachs
        19,195                                               (47,412)
            Cavco   Industries      Inc               Bank   of  America    Merrill    Lynch
        (9,624)                                                45,040
            Cavco   Industries      Inc               Morgan    Stanley
        (9,360)                                                (6,552)
            Cavco   Industries      Inc               Goldman    Sachs
         (480)                                                (309)
            CBIZ   Inc                     Bank   of  America    Merrill    Lynch
       218,823                                                (26,259)
            CBIZ   Inc                     Goldman    Sachs
        23,118                                                (2,774)
            CBIZ   Inc                     Morgan    Stanley
        13,200                                                7,524
            CBL  & Associates      Properties      Inc  (Reit)       Morgan    Stanley
       (118,808)                                                 11,881
            CBL  & Associates      Properties      Inc  (Reit)       Goldman    Sachs
       (718,753)                                                143,751
            Cboe   Global    Markets    Inc             Bank   of  America    Merrill    Lynch
        (3,005)                                                8,114
            CBRE   Group   Inc   ‘A’               Bank   of  America    Merrill    Lynch
        (7,872)                                                (3,779)
            CBS  Corp   ‘B’                  Morgan    Stanley
        2,100                                                1,832
            CBS  Corp   ‘B’                  Bank   of  America    Merrill    Lynch
        20,833                                               (51,666)
        5,647    CBS  Corp   ‘B’                  Goldman    Sachs               (14,005)
            CDK  Global    Inc                  Bank   of  America    Merrill    Lynch
        30,789                                                (2,463)
            CDK  Global    Inc                  Morgan    Stanley
         830                                               (100)
            CDW  Corp/DE                      Goldman    Sachs
        33,400                                               157,314
            CDW  Corp/DE                      Bank   of  America    Merrill    Lynch
        40,074                                               188,749
            CDW  Corp/DE                      Morgan    Stanley
        45,481                                               245,597
            CECO   Environmental       Corp              Bank   of  America    Merrill    Lynch
       176,925                                                12,385
            CECO   Environmental       Corp              Goldman    Sachs
        41,325                                                2,893
            Celanese     Corp                   Goldman    Sachs
        (6,286)                                                12,601
            Celanese     Corp                   Bank   of  America    Merrill    Lynch
        36,396                                               (90,626)
            Celanese     Corp                   Morgan    Stanley
        (3,690)                                                10,480
            Celcuity     Inc                   Goldman    Sachs
         (700)                                               (1,379)
            Celgene    Corp                   Bank   of  America    Merrill    Lynch
        38,751                                                  －
            Cemex   SAB  de  CV  ADR               Goldman    Sachs
       112,228                                                 6,173
            Cemex   SAB  de  CV  ADR               Morgan    Stanley
       215,325                                                63,521
            Centennial      Resource     Development      Inc/DE    ‘A’   Goldman    Sachs
        (5,077)                                                7,717
            Centennial      Resource     Development      Inc/DE    ‘A’   Bank   of  America    Merrill    Lynch
       (116,207)                                                176,635
            Centennial      Resource     Development      Inc/DE    ‘A’   Morgan    Stanley
       (89,455)                                                38,466
            CenterPoint      Energy    Inc              Bank   of  America    Merrill    Lynch
       104,662                                                34,538
        5,060    CenterState      Bank   Corp               Morgan    Stanley                 3,643
            CenterState      Bank   Corp               Goldman    Sachs
        33,204                                                7,307
            CenterState      Bank   Corp               Bank   of  America    Merrill    Lynch
       243,668                                                46,297
            Central    European     Media   Enterprises      Ltd   ‘A’   Bank   of  America    Merrill    Lynch
       195,694                                                  －
            Central    European     Media   Enterprises      Ltd   ‘A’   Goldman    Sachs
        40,060                                                  －
            Central    Garden    & Pet  Co  ‘A’           Morgan    Stanley
        10,799                                                21,274
            Central    Garden    & Pet  Co  ‘A’           Bank   of  America    Merrill    Lynch
        21,604                                                36,727
            Central    Pacific    Financial     Corp          Bank   of  America    Merrill    Lynch
       156,086                                                (29,656)
                                109/242




                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Central    Pacific    Financial     Corp          Morgan    Stanley
       118,937                                                 7,136
            Central    Valley    Community     Bancorp           Bank   of  America    Merrill    Lynch
        (5,746)                                                (7,183)
            Central    Valley    Community     Bancorp           Goldman    Sachs
        (5,616)                                                (7,020)
            Centric    Brands    Inc                Morgan    Stanley
       (19,049)                                                 1,524
            Century    Aluminum     Co               Bank   of  America    Merrill    Lynch
       (22,678)                                                 (907)
            Century    Bancorp    Inc/MA    ‘A’           Goldman    Sachs
        (2,419)                                                (1,814)
            Century    Bancorp    Inc/MA    ‘A’           Bank   of  America    Merrill    Lynch
        (2,719)                                                (2,039)
            Century    Casinos    Inc               Bank   of  America    Merrill    Lynch
        53,979                                                16,733
            Century    Communities      Inc             Goldman    Sachs
       (32,873)                                                (10,412)
            CenturyLink      Inc                 Bank   of  America    Merrill    Lynch
       (26,598)                                                 3,990
            Cerecor    Inc                   Morgan    Stanley
       (31,264)                                                 1,876
            Ceridian     HCM  Holding    Inc             Morgan    Stanley
       (11,297)                                                (35,924)
            Cerner    Corp                    Goldman    Sachs
        (1,189)                                                 (143)
            CEVA   Inc                     Bank   of  America    Merrill    Lynch
       (77,620)                                                101,682
            CF  Industries      Holdings     Inc            Goldman    Sachs
        1,869                                               (7,794)
       (24,553)     CF  Industries      Holdings     Inc            Bank   of  America    Merrill    Lynch       102,386
            CF  Industries      Holdings     Inc            Morgan    Stanley
        12,829                                               (10,007)
            CH  Robinson     Worldwide     Inc            Goldman    Sachs
        (6,985)                                                (9,958)
            CH  Robinson     Worldwide     Inc            Bank   of  America    Merrill    Lynch
        (4,512)                                                (7,219)
            Champions     Oncology     Inc              Goldman    Sachs
        (3,009)                                                 (662)
            Champions     Oncology     Inc              Bank   of  America    Merrill    Lynch
       (35,660)                                                (7,845)
            ChannelAdvisor        Corp                Goldman    Sachs
         278                                               (214)
            ChannelAdvisor        Corp                Bank   of  America    Merrill    Lynch
        6,874                                               (5,293)
            Charah    Solutions     Inc               Goldman    Sachs
        7,122                                                 142
            Charah    Solutions     Inc               Morgan    Stanley
        3,472                                               (1,007)
            Charles    River   Laboratories       International       Inc  Goldman    Sachs
        2,917                                               18,297
            Charles    River   Laboratories       International       Inc  Morgan    Stanley
        2,969                                               15,309
            Charles    Schwab    Corp/The                Bank   of  America    Merrill    Lynch
        98,377                                               (291,196)
            Charles    Schwab    Corp/The                Morgan    Stanley
        50,119                                                14,033
            Chart   Industries      Inc               Goldman    Sachs
       (17,184)                                                69,026
            Chart   Industries      Inc               Bank   of  America    Merrill    Lynch
       (49,076)                                                207,101
            Chart   Industries      Inc               Morgan    Stanley
        (5,767)                                                 (173)
            Charter    Communications        Inc   ‘A’         Goldman    Sachs
        (2,096)                                               (36,923)
            Charter    Communications        Inc   ‘A’         Bank   of  America    Merrill    Lynch
       (18,218)                                               (228,818)
       (27,774)     Charter    Communications        Inc   ‘A’         Morgan    Stanley               (600,196)
            Chase   Corp                    Bank   of  America    Merrill    Lynch
       (13,504)                                               (105,871)
            Chase   Corp                    Goldman    Sachs
        (1,295)                                                (9,902)
            Chatham    Lodging    Trust   (Reit)            Morgan    Stanley
        19,747                                                3,752
            Chatham    Lodging    Trust   (Reit)            Bank   of  America    Merrill    Lynch
        84,861                                                11,881
            Chatham    Lodging    Trust   (Reit)            Goldman    Sachs
        10,151                                                1,421
            CHC  Group   Ltd                  Morgan    Stanley
        2,498                                               (1,124)
            Check   Point   Software     Technologies       Ltd      Morgan    Stanley
       (12,418)                                                (26,326)
            Check   Point   Software     Technologies       Ltd      Bank   of  America    Merrill    Lynch
        (9,725)                                                22,173
            Cheesecake      Factory    Inc/The              Bank   of  America    Merrill    Lynch
       114,750                                               (267,368)
                                110/242




                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Cheesecake      Factory    Inc/The              Morgan    Stanley
        86,796                                               (191,819)
            Chefs’    Warehouse     Inc/The              Bank   of  America    Merrill    Lynch
        8,787                                               15,641
            Chegg   Inc                    Bank   of  America    Merrill    Lynch
       (49,412)                                                (67,200)
            Chegg   Inc                    Bank   of  America    Merrill    Lynch
        8,150                                               11,084
            Chegg   Inc                    Goldman    Sachs
        38,169                                                69,309
            Chemed    Corp                    Morgan    Stanley
        3,819                                               49,303
            Chemed    Corp                    Bank   of  America    Merrill    Lynch
        16,919                                                44,328
            Chemical     Financial     Corp              Bank   of  America    Merrill    Lynch
        (8,592)                                                (2,406)
            ChemoCentryx       Inc                 Bank   of  America    Merrill    Lynch
        79,240                                                11,886
            Chemung    Financial     Corp              Goldman    Sachs
         (300)                                                (381)
            Chemung    Financial     Corp              Morgan    Stanley
        (5,167)                                                1,705
            Cheniere     Energy    Inc               Goldman    Sachs
        14,050                                                 422
            Chesapeake      Energy    Corp              Goldman    Sachs
       (51,638)                                                33,775
            Chesapeake      Lodging    Trust   (Reit)           Morgan    Stanley
        2,261                                                 327
            Chesapeake      Utilities     Corp             Goldman    Sachs
        4,912                                               (1,867)
        2,398    Chesapeake      Utilities     Corp             Morgan    Stanley                 1,799
            Chesapeake      Utilities     Corp             Bank   of  America    Merrill    Lynch
       130,990                                                (49,776)
            Chevron    Corp                   Goldman    Sachs
       (15,693)                                                (39,391)
            Chevron    Corp                   Morgan    Stanley
        (9,117)                                               (38,747)
            Chico’s     FAS  Inc                 Bank   of  America    Merrill    Lynch
        10,398                                               (27,139)
            Children’s      Place   Inc/The              Bank   of  America    Merrill    Lynch
        (2,180)                                                11,925
            Children’s      Place   Inc/The              Goldman    Sachs
        (2,986)                                                16,333
            Chimera    Investment      Corp   (Reit)           Goldman    Sachs
        63,211                                                33,827
            Chimera    Investment      Corp   (Reit)           Morgan    Stanley
        14,580                                                6,124
            Chimerix     Inc                   Bank   of  America    Merrill    Lynch
       162,363                                                (8,118)
            Chimerix     Inc                   Goldman    Sachs
        63,237                                                (3,162)
            Chimerix     Inc                   Morgan    Stanley
        49,709                                                3,977
            Chipotle     Mexican    Grill   Inc            Bank   of  America    Merrill    Lynch
         (810)                                               2,519
            Choice    Hotels    International       Inc         Morgan    Stanley
       (16,928)                                                (17,605)
            Chubb   Ltd                    Goldman    Sachs
       (11,314)                                                (25,206)
            Chubb   Ltd                    Morgan    Stanley
         (200)                                                (602)
            Church    & Dwight    Co  Inc              Morgan    Stanley
        3,067                                                 184
            Church    & Dwight    Co  Inc              Goldman    Sachs
        50,287                                                10,882
            Church    & Dwight    Co  Inc              Bank   of  America    Merrill    Lynch
        57,281                                                10,883
        4,550    Churchill     Downs   Inc               Goldman    Sachs                74,096
            Churchill     Downs   Inc               Morgan    Stanley
        11,690                                               172,778
            Churchill     Downs   Inc               Bank   of  America    Merrill    Lynch
        (1,235)                                               (20,106)
            Churchill     Downs   Inc               Goldman    Sachs
         (630)                                              (10,256)
            Chuy’s    Holdings     Inc               Goldman    Sachs
        16,172                                                13,584
            Chuy’s    Holdings     Inc               Morgan    Stanley
        9,308                                                (652)
            Chuy’s    Holdings     Inc               Bank   of  America    Merrill    Lynch
        46,381                                                38,960
            Cia  Brasileira      de  Distribuicao       ADR        Goldman    Sachs
        14,757                                                2,361
            Cia  Brasileira      de  Distribuicao       ADR        Morgan    Stanley
        33,620                                                10,422
            Cia  Cervecerias      Unidas    SA  ADR          Goldman    Sachs
        58,268                                                56,520
            Cia  Cervecerias      Unidas    SA  ADR          Morgan    Stanley
        24,937                                                  －
                                111/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
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            Cia  de  Minas   Buenaventura       SAA  ADR        Goldman    Sachs
      (144,387)                                                 63,530
            Cia  Siderurgica      Nacional     SA  ADR         Morgan    Stanley
      (319,184)                                                (14,363)
            Cia  Siderurgica      Nacional     SA  ADR         Goldman    Sachs
      (166,118)                                                 49,005
            Cidara    Therapeutics       Inc             Bank   of  America    Merrill    Lynch
        32,409                                               (25,279)
            Cidara    Therapeutics       Inc             Goldman    Sachs
        90,309                                               (70,441)
            Ciena   Corp                    Bank   of  America    Merrill    Lynch
        35,025                                               (52,187)
            Ciena   Corp                    Morgan    Stanley
        19,919                                                25,496
            Ciena   Corp                    Goldman    Sachs
        39,783                                               (59,277)
            Cigna   Corp                    Bank   of  America    Merrill    Lynch
        (1,563)                                               (14,208)
            Cimarex    Energy    Co                Goldman    Sachs
        (2,898)                                                7,922
            Cimpress     NV                   Morgan    Stanley
       (25,920)                                               (133,747)
            Cincinnati      Bell   Inc               Bank   of  America    Merrill    Lynch
       (86,784)                                                (8,678)
            Cincinnati      Financial     Corp             Goldman    Sachs
        2,635                                                5,211
            Cincinnati      Financial     Corp             Morgan    Stanley
        5,510                                                8,327
            Cinemark     Holdings     Inc              Bank   of  America    Merrill    Lynch
        50,235                                               (57,268)
        3,356    Cintas    Corp                    Goldman    Sachs                22,552
            Cintas    Corp                    Morgan    Stanley
        21,761                                               193,455
            Cirrus    Logic   Inc                 Goldman    Sachs
       (12,304)                                                38,758
            Cirrus    Logic   Inc                 Bank   of  America    Merrill    Lynch
       154,280                                               (485,982)
            Cirrus    Logic   Inc                 Morgan    Stanley
       (20,856)                                                31,284
            Cisco   Systems    Inc                Goldman    Sachs
       (63,660)                                                (65,429)
            Cision    Ltd                    Bank   of  America    Merrill    Lynch
        6,856                                               (7,679)
            Cision    Ltd                    Goldman    Sachs
        10,569                                               (11,837)
            Cision    Ltd                    Morgan    Stanley
        6,318                                                (505)
            CIT  Group   Inc                  Morgan    Stanley
        77,310                                               176,267
            CIT  Group   Inc                  Bank   of  America    Merrill    Lynch
       (75,715)                                                (42,400)
            Citi   Trends    Inc                 Morgan    Stanley
        23,393                                                (1,170)
            Citi   Trends    Inc                 Bank   of  America    Merrill    Lynch
        31,224                                               (96,794)
            Citi   Trends    Inc                 Goldman    Sachs
        10,557                                               (32,727)
            Citigroup     Inc                  Bank   of  America    Merrill    Lynch
        5,294                                                1,165
            Citizens     & Northern     Corp             Morgan    Stanley
       (54,170)                                                (37,919)
            Citizens     & Northern     Corp             Bank   of  America    Merrill    Lynch
       (70,923)                                                 4,965
            Citizens     Financial     Group   Inc           Bank   of  America    Merrill    Lynch
       130,570                                                (43,088)
            Citizens     Inc/TX                   Bank   of  America    Merrill    Lynch
        (6,319)                                                (2,315)
       (14,819)     Citrix    Systems    Inc                Bank   of  America    Merrill    Lynch       (40,456)
            City   Holding    Co                 Bank   of  America    Merrill    Lynch
       (37,049)                                                20,377
            City   Holding    Co                 Goldman    Sachs
        (6,191)                                                2,157
            Civeo   Corp                    Bank   of  America    Merrill    Lynch
      (117,653)                                                 51,767
            Civeo   Corp                    Morgan    Stanley
       (15,824)                                                 4,589
            Civeo   Corp                    Goldman    Sachs
       (11,457)                                                 2,508
            Civista    Bancshares      Inc              Bank   of  America    Merrill    Lynch
        14,721                                                 147
            Civista    Bancshares      Inc              Goldman    Sachs
        1,104                                                 11
            Civista    Bancshares      Inc              Morgan    Stanley
        7,982                                                 399
            Civitas    Solutions     Inc              Bank   of  America    Merrill    Lynch
        13,351                                                (8,545)
            Civitas    Solutions     Inc              Goldman    Sachs
        6,755                                               (4,323)
                                112/242



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                                                ブラックロック・ジャパン株式会社(E09096)
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                                                    （米ドル）
            米国（続き）
            Civitas    Solutions     Inc              Morgan    Stanley
        5,135                                                 308
            Clarus    Corp                    Bank   of  America    Merrill    Lynch
        28,314                                                 (849)
            Clarus    Corp                    Goldman    Sachs
        32,643                                                 (979)
            Clarus    Corp                    Morgan    Stanley
        25,189                                                9,320
            Clean   Harbors    Inc                Goldman    Sachs
        17,713                                               (10,628)
            Clean   Harbors    Inc                Morgan    Stanley
        13,621                                                8,581
            Clean   Harbors    Inc                Bank   of  America    Merrill    Lynch
        50,923                                               (30,554)
            Clear   Channel    Outdoor    Holdings     Inc   ‘A’     Bank   of  America    Merrill    Lynch
        30,132                                                (6,026)
            Clearfield      Inc                  Bank   of  America    Merrill    Lynch
        (3,068)                                                 767
            Clearfield      Inc                  Morgan    Stanley
       (51,663)                                                 3,100
            Clearwater      Paper   Corp               Bank   of  America    Merrill    Lynch
        (7,629)                                               (32,576)
            Clearway     Energy    Inc   ‘A’             Bank   of  America    Merrill    Lynch
        75,362                                               128,869
            Clearway     Energy    Inc   ‘A’             Goldman    Sachs
        40,506                                                69,265
            Clearway     Energy    Inc   ‘A’             Morgan    Stanley
        30,408                                                 608
            Clearway     Energy    Inc   ‘C’             Bank   of  America    Merrill    Lynch
       289,262                                                468,604
        30,183    Clearway     Energy    Inc   ‘C’             Goldman    Sachs                33,278
            Clearway     Energy    Inc   ‘C’             Morgan    Stanley
        69,562                                                (1,391)
            Cleveland-Cliffs         Inc               Morgan    Stanley
       (27,008)                                                (16,745)
            Cleveland-Cliffs         Inc               Bank   of  America    Merrill    Lynch
        75,702                                               (47,692)
            Cleveland-Cliffs         Inc               Bank   of  America    Merrill    Lynch
       (88,297)                                                55,627
            Clorox    Co/The                    Bank   of  America    Merrill    Lynch
         646                                               3,430
            Clorox    Co/The                    Goldman    Sachs
        2,847                                               15,118
            Cloudera     Inc                   Morgan    Stanley
        26,716                                                29,922
            Cloudera     Inc                   Bank   of  America    Merrill    Lynch
        89,515                                                26,855
            Cloudera     Inc                   Goldman    Sachs
        84,683                                                28,870
            Clovis    Oncology     Inc               Goldman    Sachs
        67,229                                                94,121
            CME  Group   Inc                  Goldman    Sachs
        7,890                                               (19,094)
            CME  Group   Inc                  Morgan    Stanley
        10,415                                                (1,265)
            CMS  Energy    Corp                  Bank   of  America    Merrill    Lynch
       108,919                                                103,473
            CMS  Energy    Corp                  Morgan    Stanley
        2,709                                                2,492
            CNA  Financial     Corp                Bank   of  America    Merrill    Lynch
        4,447                                                 311
            CNA  Financial     Corp                Goldman    Sachs
        5,954                                                 417
            CNA  Financial     Corp                Morgan    Stanley
        61,744                                                46,308
            CNB  Financial     Corp/PA                Bank   of  America    Merrill    Lynch
       (25,534)                                                 1,787
       (58,545)     CNH  Industrial      NV                Morgan    Stanley                (11,124)
            CNO  Financial     Group   Inc             Goldman    Sachs
       147,087                                                (89,723)
            CNO  Financial     Group   Inc             Bank   of  America    Merrill    Lynch
        89,104                                               (54,353)
            CNO  Financial     Group   Inc             Morgan    Stanley
        18,984                                                6,834
            CNX  Resources     Corp                Goldman    Sachs
        4,283                                                (543)
            CNX  Resources     Corp                Bank   of  America    Merrill    Lynch
       (23,191)                                                14,378
            CNX  Resources     Corp                Morgan    Stanley
        10,472                                                3,456
            Coca-Cola     Bottling     Co  Consolidated            Bank   of  America    Merrill    Lynch
         814                                              13,431
            Coca-Cola     Bottling     Co  Consolidated            Bank   of  America    Merrill    Lynch
       (25,346)                                               (418,209)
            Coca-Cola     Bottling     Co  Consolidated            Morgan    Stanley
        1,271                                               12,990
            Coca-Cola     Co/The                  Goldman    Sachs
       (98,953)                                                66,299
                                113/242



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            Coca-Cola     Co/The                  Bank   of  America    Merrill    Lynch
      (164,724)                                                110,365
            Coca-Cola     Co/The                  Morgan    Stanley
       (91,604)                                                (4,580)
            Coca-Cola     European     Partners     Plc         Bank   of  America    Merrill    Lynch
        63,198                                                10,744
            Coca-Cola     European     Partners     Plc         Goldman    Sachs
        10,120                                                1,720
            Coca-Cola     European     Partners     Plc         Morgan    Stanley
        50,105                                               (15,533)
            Coca-Cola     Femsa   SAB  de  CV  ADR          Goldman    Sachs
        (3,688)                                               (10,548)
            Codexis    Inc                   Bank   of  America    Merrill    Lynch
       (95,773)                                               (444,387)
            Codorus    Valley    Bancorp    Inc            Bank   of  America    Merrill    Lynch
       (14,308)                                                48,237
            Codorus    Valley    Bancorp    Inc            Goldman    Sachs
        (8,696)                                                39,035
            Coeur   Mining    Inc                 Bank   of  America    Merrill    Lynch
       132,306                                                (70,122)
            Coeur   Mining    Inc                 Goldman    Sachs
       158,686                                                (84,104)
            Coeur   Mining    Inc                 Morgan    Stanley
        55,079                                               (15,973)
            Cogent    Communications        Holdings     Inc        Bank   of  America    Merrill    Lynch
       120,030                                                56,414
            Cogent    Communications        Holdings     Inc        Morgan    Stanley
        87,882                                                34,274
            Cogent    Communications        Holdings     Inc        Goldman    Sachs
        30,468                                                14,320
       (15,342)     Cognex    Corp                    Bank   of  America    Merrill    Lynch       (12,887)
            Cohbar    Inc                    Morgan    Stanley
       (19,928)                                                (15,743)
            Cohen   & Steers    Inc                Bank   of  America    Merrill    Lynch
       (17,705)                                                23,548
            Coherent     Inc                   Bank   of  America    Merrill    Lynch
       (11,080)                                                (9,861)
            Coherent     Inc                   Morgan    Stanley
       (13,265)                                               (111,161)
            Coherus    Biosciences      Inc             Bank   of  America    Merrill    Lynch
        35,263                                               (41,610)
            Coherus    Biosciences      Inc             Goldman    Sachs
        7,005                                               (8,266)
            Coherus    Biosciences      Inc             Morgan    Stanley
        9,216                                               (8,110)
            Cohu   Inc                     Bank   of  America    Merrill    Lynch
        (5,703)                                                (7,129)
            Cohu   Inc                     Goldman    Sachs
       (34,416)                                                (47,424)
            Colfax    Corp                    Goldman    Sachs
        8,603                                                3,283
            Colfax    Corp                    Morgan    Stanley
        23,772                                                15,646
            Colfax    Corp                    Bank   of  America    Merrill    Lynch
       (12,266)                                                35,939
            Collectors      Universe     Inc             Bank   of  America    Merrill    Lynch
      (112,018)                                                 80,653
            Collegium     Pharmaceutical        Inc           Goldman    Sachs
       (38,186)                                                (82,100)
            Colony    Capital    Inc  (Reit)              Bank   of  America    Merrill    Lynch
       143,326                                                 2,867
            Columbia     Banking    System    Inc           Goldman    Sachs
        (7,254)                                               (10,226)
            Columbia     Banking    System    Inc           Bank   of  America    Merrill    Lynch
      (383,557)                                                (533,144)
            Columbia     Banking    System    Inc           Morgan    Stanley
       (45,139)                                                (47,847)
       (17,394)     Columbia     Property     Trust   Inc  (Reit)         Goldman    Sachs                8,697
            Columbia     Property     Trust   Inc  (Reit)         Bank   of  America    Merrill    Lynch
       (44,540)                                                22,270
            Columbia     Property     Trust   Inc  (Reit)         Morgan    Stanley
        (8,279)                                                2,235
            Columbia     Sportswear      Co             Goldman    Sachs
        50,059                                                (1,502)
            Columbia     Sportswear      Co             Morgan    Stanley
        31,260                                                61,270
            Columbia     Sportswear      Co             Bank   of  America    Merrill    Lynch
        50,992                                                (1,530)
            Comcast    Corp   ‘A’                Goldman    Sachs
        12,251                                                11,148
            Comfort    Systems    USA  Inc             Goldman    Sachs
        33,345                                               (118,708)
            Comfort    Systems    USA  Inc             Bank   of  America    Merrill    Lynch
        87,740                                               (312,354)
            Comfort    Systems    USA  Inc             Morgan    Stanley
       110,301                                                99,271
            Commerce     Bancshares      Inc/MO             Bank   of  America    Merrill    Lynch
      (115,027)                                                (16,072)
                                114/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Commerce     Bancshares      Inc/MO             Morgan    Stanley
       (74,531)                                                (48,049)
            Commerce     Bancshares      Inc/MO             Goldman    Sachs
       (40,507)                                                (5,611)
            Commercial      Metals    Co              Goldman    Sachs
       (22,609)                                                (3,150)
            Commercial      Metals    Co              Morgan    Stanley
        (5,619)                                                (2,866)
            Commercial      Metals    Co              Bank   of  America    Merrill    Lynch
      (269,302)                                                (21,544)
            CommScope     Holding    Co  Inc             Goldman    Sachs
        23,295                                               (23,602)
            CommScope     Holding    Co  Inc             Morgan    Stanley
        69,013                                               (10,749)
            Community     Bank   System    Inc            Morgan    Stanley
       (24,432)                                                (29,807)
            Community     Bank   System    Inc            Goldman    Sachs
       (30,781)                                                (41,596)
            Community     Health    Systems    Inc           Bank   of  America    Merrill    Lynch
       154,423                                                128,171
            Community     Health    Systems    Inc           Goldman    Sachs
        30,065                                                24,954
            Community     Healthcare      Trust   Inc  (Reit)        Bank   of  America    Merrill    Lynch
      (183,872)                                                (476,228)
            CommVault     Systems    Inc              Morgan    Stanley
        1,179                                                1,792
            CommVault     Systems    Inc              Bank   of  America    Merrill    Lynch
       (82,564)                                                (18,990)
            Compass    Minerals     International       Inc        Bank   of  America    Merrill    Lynch
       (14,493)                                                42,544
       (17,419)     Compass    Minerals     International       Inc        Goldman    Sachs                55,218
            Compass    Minerals     International       Inc        Morgan    Stanley
        (7,948)                                                 (556)
            comScore     Inc                   Bank   of  America    Merrill    Lynch
      (101,406)                                                114,589
            Conagra    Brands    Inc                Morgan    Stanley
       117,999                                               (108,559)
            Conagra    Brands    Inc                Bank   of  America    Merrill    Lynch
       (37,490)                                                 5,624
            Conatus    Pharmaceuticals        Inc           Bank   of  America    Merrill    Lynch
       108,483                                                (15,188)
            Conatus    Pharmaceuticals        Inc           Goldman    Sachs
        72,037                                               (10,085)
            Concert    Pharmaceuticals        Inc           Bank   of  America    Merrill    Lynch
       (52,335)                                               (140,519)
            Concert    Pharmaceuticals        Inc           Goldman    Sachs
       (28,655)                                                (66,486)
            Conduent     Inc                   Goldman    Sachs
        (9,602)                                                2,451
            Conduent     Inc                   Bank   of  America    Merrill    Lynch
      (108,729)                                                 40,230
            Conduent     Inc                   Morgan    Stanley
       (15,161)                                                 6,064
            CONMED    Corp                    Bank   of  America    Merrill    Lynch
       124,376                                               (201,489)
            CONMED    Corp                    Goldman    Sachs
        4,759                                               (7,710)
            CONMED    Corp                    Morgan    Stanley
        7,289                                               (4,228)
            Conn’s    Inc                   Morgan    Stanley
        (9,657)                                               (14,486)
            ConnectOne      Bancorp    Inc              Goldman    Sachs
        10,698                                                (6,791)
                                    Bank   of  America    Merrill    Lynch
        37,601    ConocoPhillips                                           25,569
            CONSOL    Energy    Inc                Bank   of  America    Merrill    Lynch
        9,994                                               (48,771)
       153,029     Consolidated       Communications        Holdings     Inc    Bank   of  America    Merrill    Lynch       192,817
            Consolidated       Communications        Holdings     Inc    Morgan    Stanley
        64,422                                                37,365
            Consolidated       Communications        Holdings     Inc    Goldman    Sachs
        14,072                                                17,731
            Consolidated       Edison    Inc             Goldman    Sachs
       (55,712)                                               (156,551)
            Consolidated       Edison    Inc             Morgan    Stanley
       (60,628)                                               (121,862)
            Consolidated       Edison    Inc             Bank   of  America    Merrill    Lynch
        75,122                                               211,093
            Consolidated       Water   Co  Ltd            Bank   of  America    Merrill    Lynch
        51,349                                               (44,160)
            Consolidated       Water   Co  Ltd            Goldman    Sachs
        32,045                                               (26,793)
            Consolidated       Water   Co  Ltd            Morgan    Stanley
        18,234                                                 (912)
            Consolidated-Tomoka          Land   Co           Goldman    Sachs
       (19,885)                                                16,902
            Consolidated-Tomoka          Land   Co           Bank   of  America    Merrill    Lynch
       (12,491)                                                10,617
                                115/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Consolidated-Tomoka          Land   Co           Morgan    Stanley
        (7,076)                                                2,052
            Constellation       Brands    Inc   ‘A’          Goldman    Sachs
        2,484                                               (3,825)
            Constellation       Brands    Inc   ‘A’          Bank   of  America    Merrill    Lynch
         481                                               (741)
            Constellation       Brands    Inc   ‘A’          Morgan    Stanley
        10,749                                                32,892
            Constellium      NV  ‘A’               Goldman    Sachs
        17,122                                                 (514)
            Constellium      NV  ‘A’               Bank   of  America    Merrill    Lynch
        2,543                                                 (76)
            Constellium      NV  ‘A’               Morgan    Stanley
        25,881                                                19,152
            Construction       Partners     Inc   ‘A’          Bank   of  America    Merrill    Lynch
       148,983                                                29,797
            Construction       Partners     Inc   ‘A’          Goldman    Sachs
        14,285                                                2,857
            Construction       Partners     Inc   ‘A’          Morgan    Stanley
        20,214                                                (1,011)
            Consumer     Portfolio     Services     Inc         Morgan    Stanley
       190,627                                                (26,688)
            Consumer     Portfolio     Services     Inc         Bank   of  America    Merrill    Lynch
        13,791                                                 (827)
            Contango     Oil  & Gas  Co              Goldman    Sachs
       (13,839)                                                 2,403
            Continental      Building     Products     Inc        Bank   of  America    Merrill    Lynch
        56,720                                               (53,317)
            Continental      Building     Products     Inc        Goldman    Sachs
        36,477                                               (24,815)
        23,852    Continental      Building     Products     Inc        Morgan    Stanley                  239
            Continental      Resources     Inc/OK            Goldman    Sachs
        6,075                                               (17,107)
            Continental      Resources     Inc/OK            Bank   of  America    Merrill    Lynch
        37,270                                               (104,729)
            Continental      Resources     Inc/OK            Morgan    Stanley
        52,762                                                26,909
            Control4     Corp                   Bank   of  America    Merrill    Lynch
        37,104                                               (21,520)
            Cooper    Cos  Inc/The                  Bank   of  America    Merrill    Lynch
       (18,212)                                               (446,558)
            Cooper    Cos  Inc/The                  Morgan    Stanley
       (13,645)                                               (158,964)
            Cooper    Tire   & Rubber    Co             Goldman    Sachs
        7,245                                                (805)
            Cooper    Tire   & Rubber    Co             Bank   of  America    Merrill    Lynch
        (2,183)                                                 240
            Cooper-Standard        Holdings     Inc           Goldman    Sachs
        (1,977)                                                5,707
            Cooper-Standard        Holdings     Inc           Bank   of  America    Merrill    Lynch
       (27,210)                                                77,276
            Cooper-Standard        Holdings     Inc           Morgan    Stanley
        (2,816)                                                3,802
            Copa   Holdings     SA  ‘A’              Bank   of  America    Merrill    Lynch
        (2,278)                                                1,731
            Copa   Holdings     SA  ‘A’              Goldman    Sachs
        (1,648)                                                1,252
            Copa   Holdings     SA  ‘A’              Morgan    Stanley
         (963)                                               (1,117)
            Copart    Inc                    Goldman    Sachs
        3,742                                                3,181
            Copart    Inc                    Bank   of  America    Merrill    Lynch
       (15,394)                                                (13,085)
            Copart    Inc                    Morgan    Stanley
        21,009                                                61,346
            Corbus    Pharmaceuticals        Holdings     Inc       Bank   of  America    Merrill    Lynch
       (29,174)                                                (16,337)
        39,598    Corcept    Therapeutics       Inc             Bank   of  America    Merrill    Lynch       47,122
            Corcept    Therapeutics       Inc             Goldman    Sachs
        22,413                                                26,671
            Corcept    Therapeutics       Inc             Morgan    Stanley
        5,096                                                7,593
            Corcept    Therapeutics       Inc             Morgan    Stanley
        (6,089)                                                (9,073)
            Core   Laboratories       NV              Goldman    Sachs
         639                                              (1,738)
            Core   Laboratories       NV              Bank   of  America    Merrill    Lynch
        (4,654)                                                12,659
            Core   Laboratories       NV              Morgan    Stanley
        1,269                                                2,644
            Core-Mark     Holding    Co  Inc             Bank   of  America    Merrill    Lynch
        46,093                                               (47,476)
            Core-Mark     Holding    Co  Inc             Goldman    Sachs
        32,475                                               (33,449)
            CoreCivic     Inc  (Reit)                Goldman    Sachs
        (6,575)                                                (1,052)
            CoreCivic     Inc  (Reit)                Morgan    Stanley
       (36,202)                                                (12,671)
                                116/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            CoreCivic     Inc  (Reit)                Bank   of  America    Merrill    Lynch
       (100,382)                                                (16,061)
            CoreLogic     Inc/United      States             Bank   of  America    Merrill    Lynch
       (42,807)                                                 5,565
            CorePoint     Lodging    Inc  (Reit)            Goldman    Sachs
        70,800                                               (23,364)
            CorePoint     Lodging    Inc  (Reit)            Morgan    Stanley
        48,187                                                (2,409)
            CoreSite     Realty    Corp   (Reit)             Morgan    Stanley
        24,408                                                89,928
            CoreSite     Realty    Corp   (Reit)             Goldman    Sachs
        24,362                                                53,847
            CoreSite     Realty    Corp   (Reit)             Bank   of  America    Merrill    Lynch
        8,823                                               15,176
            Cornerstone      OnDemand     Inc             Bank   of  America    Merrill    Lynch
        12,580                                                37,740
            Cornerstone      OnDemand     Inc             Goldman    Sachs
        11,902                                                35,706
            Cornerstone      OnDemand     Inc             Morgan    Stanley
        20,421                                                99,859
            Corporate     Office    Properties      Trust   (Reit)      Bank   of  America    Merrill    Lynch
       (12,104)                                                 4,600
            Corvus    Pharmaceuticals        Inc            Bank   of  America    Merrill    Lynch
        67,968                                               (51,656)
            Corvus    Pharmaceuticals        Inc            Goldman    Sachs
        25,170                                               (19,129)
            Corvus    Pharmaceuticals        Inc            Morgan    Stanley
        9,862                                               (3,846)
            Cosan   Ltd   ‘A’                  Morgan    Stanley
       168,859                                                195,876
       112,232     Cosan   Ltd   ‘A’                  Goldman    Sachs               118,966
            Costamare     Inc                  Goldman    Sachs
        (1,000)                                                  90
            Costamare     Inc                  Morgan    Stanley
       (22,395)                                                (2,687)
            CoStar    Group   Inc                 Bank   of  America    Merrill    Lynch
        1,009                                               13,864
            Costco    Wholesale     Corp               Goldman    Sachs
        2,328                                               22,537
            Costco    Wholesale     Corp               Bank   of  America    Merrill    Lynch
        20,157                                                41,120
            Coty   Inc   ‘A’                  Bank   of  America    Merrill    Lynch
       (72,045)                                                26,657
            County    Bancorp    Inc                Goldman    Sachs
        (4,681)                                                (2,106)
            Coupa   Software     Inc                Bank   of  America    Merrill    Lynch
        (5,730)                                                (4,699)
            Coupa   Software     Inc                Morgan    Stanley
        (2,669)                                               (23,300)
            Coupa   Software     Inc                Goldman    Sachs
         (431)                                               (4,825)
            Cousins    Properties      Inc  (Reit)            Goldman    Sachs
       (30,018)                                                (2,401)
            Cousins    Properties      Inc  (Reit)            Morgan    Stanley
       (11,793)                                                (1,887)
            Covanta    Holding    Corp               Goldman    Sachs
        (3,672)                                                (2,644)
            Covanta    Holding    Corp               Bank   of  America    Merrill    Lynch
       (190,267)                                                (136,992)
            Covenant     Transportation        Group   Inc   ‘A’      Bank   of  America    Merrill    Lynch
        20,963                                               (34,589)
            Covenant     Transportation        Group   Inc   ‘A’      Goldman    Sachs
        1,678                                               (2,769)
            Covenant     Transportation        Group   Inc   ‘A’      Morgan    Stanley
        5,613                                               (1,516)
            Covia   Holdings     Corp                Bank   of  America    Merrill    Lynch
       (12,429)                                                17,649
       (61,358)     Covia   Holdings     Corp                Morgan    Stanley                17,180
            Cowen   Inc                    Goldman    Sachs
       (48,344)                                                (29,248)
            Cowen   Inc                    Morgan    Stanley
       (11,283)                                                  169
            CRA  International       Inc              Goldman    Sachs
        8,163                                               29,387
            CRA  International       Inc              Morgan    Stanley
        2,411                                                3,110
            CRA  International       Inc              Bank   of  America    Merrill    Lynch
        56,197                                               202,309
            Cracker    Barrel    Old  Country    Store   Inc       Goldman    Sachs
        (9,678)                                               (97,457)
            Cracker    Barrel    Old  Country    Store   Inc       Bank   of  America    Merrill    Lynch
        (6,995)                                               (70,440)
            Cracker    Barrel    Old  Country    Store   Inc       Morgan    Stanley
       (46,696)                                               (379,172)
            Craft   Brew   Alliance     Inc             Bank   of  America    Merrill    Lynch
        7,442                                               (6,028)
            Craft   Brew   Alliance     Inc             Goldman    Sachs
        5,750                                               (4,658)
                                117/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Craft   Brew   Alliance     Inc             Morgan    Stanley
        4,136                                                (538)
            Crane   Co                    Goldman    Sachs
        14,894                                               (92,492)
            Crane   Co                    Bank   of  America    Merrill    Lynch
       109,495                                               (679,964)
            Crane   Co                    Morgan    Stanley
        72,073                                               (41,802)
            Crawford     & Co  ‘A’                Bank   of  America    Merrill    Lynch
        (3,835)                                                 (690)
            Crawford     & Co  ‘B’                Goldman    Sachs
       (12,412)                                                  －
            Cray   Inc                     Bank   of  America    Merrill    Lynch
        43,563                                                40,078
            Cray   Inc                     Goldman    Sachs
        22,979                                                21,141
            Cray   Inc                     Morgan    Stanley
        9,325                                               14,267
            Credicorp     Ltd                  Morgan    Stanley
        (3,329)                                               (13,849)
            Credicorp     Ltd                  Morgan    Stanley
        3,562                                               14,818
            Credit    Acceptance      Corp              Goldman    Sachs
        (4,956)                                                39,450
            Credit    Acceptance      Corp              Morgan    Stanley
        (4,743)                                               (40,221)
            Cree   Inc                     Bank   of  America    Merrill    Lynch
       (107,766)                                                 37,718
            Cree   Inc                     Morgan    Stanley
       (23,077)                                                (23,308)
        16,346    Crocs   Inc                    Morgan    Stanley                28,115
            Crocs   Inc                    Goldman    Sachs
        13,957                                                10,850
            Cross   Country    Healthcare      Inc           Bank   of  America    Merrill    Lynch
       (100,745)                                                (50,373)
            Crown   Castle    International       Corp   (Reit)       Morgan    Stanley
        37,109                                               229,334
            Crown   Castle    International       Corp   (Reit)       Bank   of  America    Merrill    Lynch
       (71,251)                                               (252,941)
            Crown   Holdings     Inc                Bank   of  America    Merrill    Lynch
       (58,475)                                               (107,594)
            Crown   Holdings     Inc                Morgan    Stanley
       (89,841)                                               (326,123)
            CryoPort     Inc                   Bank   of  America    Merrill    Lynch
        (3,933)                                                (2,242)
            CSG  Systems    International       Inc          Bank   of  America    Merrill    Lynch
        61,059                                               (136,162)
            CSG  Systems    International       Inc          Morgan    Stanley
        16,678                                               (11,007)
            CSG  Systems    International       Inc          Goldman    Sachs
        13,578                                               (30,279)
            CSS  Industries      Inc                Bank   of  America    Merrill    Lynch
        19,647                                               (19,254)
            CSS  Industries      Inc                Goldman    Sachs
        11,217                                               (10,993)
            CSS  Industries      Inc                Morgan    Stanley
        4,151                                               (4,442)
            CSW  Industrials      Inc               Bank   of  America    Merrill    Lynch
        (3,697)                                                2,514
            CTI  BioPharma     Corp                Bank   of  America    Merrill    Lynch
       (39,168)                                                 (783)
            CTI  BioPharma     Corp                Goldman    Sachs
       (82,296)                                                (1,646)
            CTI  BioPharma     Corp                Morgan    Stanley
       (42,866)                                                (1,286)
            CTS  Corp                      Bank   of  America    Merrill    Lynch
       (135,529)                                                (136,884)
        4,660    CubeSmart     (Reit)                  Goldman    Sachs                4,352
            CubeSmart     (Reit)                  Morgan    Stanley
        46,601                                                26,007
            Cubic   Corp                    Bank   of  America    Merrill    Lynch
       (44,210)                                                242,713
            Cullen/Frost       Bankers    Inc             Bank   of  America    Merrill    Lynch
        2,524                                               (2,246)
            Cullen/Frost       Bankers    Inc             Goldman    Sachs
        3,573                                               (3,180)
            Cumberland      Pharmaceuticals        Inc          Morgan    Stanley
        16,338                                                 980
            Curis   Inc                    Bank   of  America    Merrill    Lynch
        15,930                                                (7,971)
            Curis   Inc                    Goldman    Sachs
        14,576                                                (7,294)
            Curis   Inc                    Morgan    Stanley
        19,593                                                (5,886)
            Curo   Group   Holdings     Corp             Goldman    Sachs
       (10,609)                                                15,807
            Curo   Group   Holdings     Corp             Bank   of  America    Merrill    Lynch
       (19,920)                                                29,681
                                118/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Curtiss-Wright        Corp                Bank   of  America    Merrill    Lynch
        65,959                                               (122,684)
            Curtiss-Wright        Corp                Morgan    Stanley
        26,980                                                19,965
            Curtiss-Wright        Corp                Goldman    Sachs
        2,080                                               (3,869)
            Customers     Bancorp    Inc              Goldman    Sachs
        10,623                                                (5,849)
            Cutera    Inc                    Goldman    Sachs
        8,986                                               (4,928)
            CVB  Financial     Corp                Goldman    Sachs
        (1,613)                                                 (374)
            CVR  Energy    Inc                  Bank   of  America    Merrill    Lynch
        36,197                                                5,068
            CVR  Energy    Inc                  Goldman    Sachs
        23,815                                                3,259
            CVR  Energy    Inc                  Morgan    Stanley
         869                                               1,382
            CVS  Health    Corp                  Goldman    Sachs
        1,946                                               (1,810)
            CVS  Health    Corp                  Morgan    Stanley
        24,041                                                69,340
            CyberArk     Software     Ltd              Morgan    Stanley
        (4,588)                                               (32,345)
            CyberOptics      Corp                 Goldman    Sachs
        (1,941)                                                (2,543)
            CyberOptics      Corp                 Bank   of  America    Merrill    Lynch
       (20,677)                                                (27,087)
            CyberOptics      Corp                 Morgan    Stanley
        (3,823)                                                (4,129)
       (52,875)     Cymabay    Therapeutics       Inc             Goldman    Sachs                30,139
            Cypress    Semiconductor       Corp            Goldman    Sachs
       (11,242)                                                (4,828)
            Cypress    Semiconductor       Corp            Bank   of  America    Merrill    Lynch
       (76,312)                                                (21,367)
            Cypress    Semiconductor       Corp            Morgan    Stanley
        (2,167)                                                 (585)
            CyrusOne     Inc  (Reit)                 Goldman    Sachs
         (801)                                                (999)
            CyrusOne     Inc  (Reit)                 Morgan    Stanley
        (6,862)                                               (20,792)
            CytomX    Therapeutics       Inc             Goldman    Sachs
        3,275                                               (1,932)
            CytomX    Therapeutics       Inc             Morgan    Stanley
        1,548                                                 480
            Dana   Inc                     Bank   of  America    Merrill    Lynch
       271,970                                               (135,985)
            Dana   Inc                     Morgan    Stanley
       142,517                                                (44,180)
            Dana   Inc                     Goldman    Sachs
       165,437                                                (80,286)
            Danaher    Corp                   Bank   of  America    Merrill    Lynch
        46,986                                               324,203
            Darden    Restaurants      Inc              Morgan    Stanley
        30,725                                               (23,966)
            Darden    Restaurants      Inc              Bank   of  America    Merrill    Lynch
        20,990                                               (21,620)
            Darling    Ingredients      Inc             Goldman    Sachs
       (20,974)                                                (34,607)
            Darling    Ingredients      Inc             Bank   of  America    Merrill    Lynch
       (314,886)                                                (519,562)
            Darling    Ingredients      Inc             Morgan    Stanley
       (220,680)                                                (187,578)
            DASAN   Zhone   Solutions     Inc            Morgan    Stanley
       (25,537)                                                  511
            DASAN   Zhone   Solutions     Inc            Goldman    Sachs
        (8,553)                                                13,001
        28,545    Daseke    Inc                    Morgan    Stanley                (14,558)
            Daseke    Inc                    Bank   of  America    Merrill    Lynch
        46,024                                               (43,263)
            Daseke    Inc                    Goldman    Sachs
        66,269                                               (62,293)
            Dave   & Buster’s     Entertainment       Inc        Morgan    Stanley
        1,958                                               (2,839)
            Dave   & Buster’s     Entertainment       Inc        Goldman    Sachs
        (5,309)                                                (5,936)
            DaVita    Inc                    Goldman    Sachs
       (15,490)                                                (15,800)
            Dawson    Geophysical      Co              Morgan    Stanley
       179,653                                                (73,658)
            Deciphera     Pharmaceuticals        Inc          Goldman    Sachs
        8,114                                               24,784
            Deciphera     Pharmaceuticals        Inc          Morgan    Stanley
         905                                               2,643
            Deere   & Co                   Goldman    Sachs
         (932)                                               (3,900)
            Deere   & Co                   Bank   of  America    Merrill    Lynch
        7,345                                               37,166
                                119/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Deere   & Co                   Goldman    Sachs
        1,076                                                5,445
            Del  Frisco’s     Restaurant      Group   Inc        Bank   of  America    Merrill    Lynch
        15,071                                                5,275
            Del  Frisco’s     Restaurant      Group   Inc        Goldman    Sachs
        21,276                                                7,447
            Del  Taco   Restaurants      Inc             Bank   of  America    Merrill    Lynch
        70,839                                               (29,752)
            Delek   US  Holdings     Inc              Goldman    Sachs
        9,189                                                8,454
            Delek   US  Holdings     Inc              Morgan    Stanley
         300                                                867
            Delek   US  Holdings     Inc              Bank   of  America    Merrill    Lynch
       (108,692)                                                (99,997)
            Dell   Technologies       Inc   ‘V’            Bank   of  America    Merrill    Lynch
        8,308                                               10,551
            Delphi    Technologies       Plc             Goldman    Sachs
        11,574                                                (5,903)
            Delphi    Technologies       Plc             Bank   of  America    Merrill    Lynch
        32,830                                               (16,743)
            Delphi    Technologies       Plc             Morgan    Stanley
        22,375                                               (12,306)
            Delta   Air  Lines   Inc               Bank   of  America    Merrill    Lynch
        16,289                                                78,839
            Delta   Air  Lines   Inc               Morgan    Stanley
       (12,468)                                                (47,129)
            Deluxe    Corp                    Bank   of  America    Merrill    Lynch
       136,488                                               (114,650)
            Deluxe    Corp                    Morgan    Stanley
        43,947                                                57,571
       (13,589)     Denbury    Resources     Inc              Goldman    Sachs                2,290
            Denny’s     Corp                   Bank   of  America    Merrill    Lynch
        11,261                                                (1,464)
            Denny’s     Corp                   Goldman    Sachs
        7,834                                               (1,018)
            Dentsply     Sirona    Inc               Bank   of  America    Merrill    Lynch
        (6,878)                                                 757
            Dentsply     Sirona    Inc               Goldman    Sachs
        (3,376)                                                 371
            Dermira    Inc                   Bank   of  America    Merrill    Lynch
        84,416                                               106,364
            Despegar.com       Corp                 Morgan    Stanley
        77,047                                                19,262
            Deutsche     Bank   AG                Morgan    Stanley
       (13,071)                                                 1,176
            Devon   Energy    Corp                 Goldman    Sachs
        63,781                                               (282,550)
            DexCom    Inc                    Bank   of  America    Merrill    Lynch
        1,630                                               (12,192)
            DexCom    Inc                    Morgan    Stanley
        16,976                                                67,734
            DexCom    Inc                    Goldman    Sachs
        3,658                                               (23,358)
            DHI  Group   Inc                  Bank   of  America    Merrill    Lynch
        25,737                                                3,088
            DHI  Group   Inc                  Goldman    Sachs
        12,266                                                1,472
            DHI  Group   Inc                  Morgan    Stanley
        8,243                                                 989
            DHT  Holdings     Inc                 Goldman    Sachs
       (204,307)                                                 14,301
            Diamond    Hill   Investment      Group   Inc        Bank   of  America    Merrill    Lynch
        (2,890)                                                16,907
            Diamond    Offshore     Drilling     Inc          Morgan    Stanley
        42,773                                                (1,283)
            Diamond    Offshore     Drilling     Inc          Goldman    Sachs
        56,683                                               (78,789)
        62,385    Diamond    Offshore     Drilling     Inc          Bank   of  America    Merrill    Lynch       (86,715)
            Diamondback      Energy    Inc              Morgan    Stanley
        (3,821)                                               (14,787)
            Diamondback      Energy    Inc              Bank   of  America    Merrill    Lynch
       (25,553)                                                89,180
            DiamondRock      Hospitality      Co  (Reit)          Morgan    Stanley
       (13,415)                                                (1,610)
            DiamondRock      Hospitality      Co  (Reit)          Bank   of  America    Merrill    Lynch
       109,037                                                10,904
            Dicerna    Pharmaceuticals        Inc           Morgan    Stanley
        (3,124)                                                (1,843)
            Dick’s    Sporting     Goods   Inc            Goldman    Sachs
        39,231                                               (23,700)
            Dick’s    Sporting     Goods   Inc            Morgan    Stanley
        32,910                                                23,156
            Diebold    Nixdorf    Inc               Goldman    Sachs
       (42,384)                                                14,199
            Digimarc     Corp                   Bank   of  America    Merrill    Lynch
       (25,696)                                                23,640
            Digimarc     Corp                   Goldman    Sachs
       (119,282)                                                109,739
                                120/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Digimarc     Corp                   Morgan    Stanley
       (34,630)                                                 6,926
            Digital    Realty    Trust   Inc  (Reit)           Bank   of  America    Merrill    Lynch
       (10,391)                                                (27,328)
            Digital    Realty    Trust   Inc  (Reit)           Morgan    Stanley
       (24,539)                                               (109,935)
            Digital    Realty    Trust   Inc  (Reit)           Goldman    Sachs
        (4,179)                                               (10,991)
            Dillard’s      Inc   ‘A’               Morgan    Stanley
        8,250                                               38,198
            Dine   Brands    Global    Inc              Bank   of  America    Merrill    Lynch
        (3,270)                                                1,766
            Diodes    Inc                    Bank   of  America    Merrill    Lynch
        32,095                                               (27,923)
            Diodes    Inc                    Goldman    Sachs
        77,323                                               (48,111)
            Diodes    Inc                    Morgan    Stanley
        13,173                                                9,485
            Diplomat     Pharmacy     Inc              Goldman    Sachs
       (12,189)                                                 2,941
            Diplomat     Pharmacy     Inc              Morgan    Stanley
        (5,882)                                                (2,235)
            Discovery     Inc   ‘A’                Morgan    Stanley
        1,908                                                 706
            DISH   Network    Corp   ‘A’              Bank   of  America    Merrill    Lynch
       (53,871)                                                 4,848
            DISH   Network    Corp   ‘A’              Morgan    Stanley
       (128,141)                                                (302,413)
            DMC  Global    Inc                  Bank   of  America    Merrill    Lynch
       (40,488)                                                 9,312
       (25,220)     DMC  Global    Inc                  Morgan    Stanley                (36,065)
            DMC  Global    Inc                  Goldman    Sachs
         (784)                                                180
            DocuSign     Inc                   Bank   of  America    Merrill    Lynch
         (529)                                                (915)
            DocuSign     Inc                   Morgan    Stanley
        (1,488)                                                (1,905)
            DocuSign     Inc                   Goldman    Sachs
        (5,325)                                                (9,212)
            Dolby   Laboratories       Inc   ‘A’           Bank   of  America    Merrill    Lynch
        9,660                                                5,216
            Dolby   Laboratories       Inc   ‘A’           Morgan    Stanley
        3,448                                                7,034
            Dollar    General    Corp                Bank   of  America    Merrill    Lynch
        14,705                                               (22,940)
            Dollar    General    Corp                Morgan    Stanley
        3,808                                               14,246
            Dollar    General    Corp                Goldman    Sachs
        6,192                                                8,061
            Dollar    Tree   Inc                 Bank   of  America    Merrill    Lynch
       (21,556)                                                (65,099)
            Dominion     Energy    Inc               Morgan    Stanley
         627                                                (12)
            Domino’s     Pizza   Inc               Goldman    Sachs
        2,581                                               54,485
            Domino’s     Pizza   Inc               Bank   of  America    Merrill    Lynch
        7,085                                               149,564
            Domino’s     Pizza   Inc               Morgan    Stanley
        3,810                                               69,456
            Domtar    Corp                    Bank   of  America    Merrill    Lynch
        7,212                                               (20,194)
            Donaldson     Co  Inc                 Bank   of  America    Merrill    Lynch
        1,986                                                 953
            Donaldson     Co  Inc                 Goldman    Sachs
        40,108                                                19,252
            Donegal    Group   Inc   ‘A’              Goldman    Sachs
        2,293                                                1,238
        41,544    Donegal    Group   Inc   ‘A’              Bank   of  America    Merrill    Lynch       22,434
            Donegal    Group   Inc   ‘A’              Morgan    Stanley
        9,186                                                 184
            Donnelley     Financial     Solutions     Inc        Bank   of  America    Merrill    Lynch
       (76,104)                                                 7,610
            Dorman    Products     Inc               Goldman    Sachs
        2,274                                                1,728
            Dorman    Products     Inc               Morgan    Stanley
        1,709                                                2,854
            Douglas    Emmett    Inc  (Reit)              Bank   of  America    Merrill    Lynch
        8,384                                               10,396
            Dover   Corp                    Bank   of  America    Merrill    Lynch
       (77,342)                                                134,575
            DowDuPont     Inc                  Bank   of  America    Merrill    Lynch
       (134,201)                                                183,855
            DowDuPont     Inc                  Morgan    Stanley
       (120,695)                                                (112,246)
            DR  Horton    Inc                  Goldman    Sachs
        43,214                                               163,781
            DR  Horton    Inc                  Bank   of  America    Merrill    Lynch
        69,752                                               264,360
                                121/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            DR  Horton    Inc                  Morgan    Stanley
       225,619                                                351,966
            Dril-Quip     Inc                  Bank   of  America    Merrill    Lynch
       (51,882)                                                100,651
            Dropbox    Inc   ‘A’                 Morgan    Stanley
       (12,999)                                                (20,798)
            Dropbox    Inc   ‘A’                 Bank   of  America    Merrill    Lynch
        12,768                                                (8,299)
            Dropbox    Inc   ‘A’                 Goldman    Sachs
        28,373                                                7,443
            DSP  Group   Inc                  Bank   of  America    Merrill    Lynch
       (10,320)                                                 2,477
            DSW  Inc   ‘A’                   Goldman    Sachs
        (4,045)                                                (6,284)
            DTE  Energy    Co                  Goldman    Sachs
        15,334                                               (13,187)
            DTE  Energy    Co                  Morgan    Stanley
        20,338                                                36,202
            Ducommun     Inc                   Bank   of  America    Merrill    Lynch
        13,889                                               (34,028)
            Ducommun     Inc                   Goldman    Sachs
        11,441                                               (25,099)
            Ducommun     Inc                   Morgan    Stanley
        1,276                                                (778)
            Duke   Energy    Corp                 Morgan    Stanley
       (38,428)                                                (38,428)
            Duke   Realty    Corp   (Reit)               Goldman    Sachs
        16,476                                                1,648
            Duke   Realty    Corp   (Reit)               Morgan    Stanley
       330,403                                                13,216
       (46,921)     Duluth    Holdings     Inc   ‘B’             Goldman    Sachs               (79,296)
            Duluth    Holdings     Inc   ‘B’             Morgan    Stanley
       (10,646)                                                (55,040)
            Dunkin’     Brands    Group   Inc            Morgan    Stanley
        18,074                                                41,784
            Dunkin’     Brands    Group   Inc            Goldman    Sachs
        25,993                                                62,436
            Durect    Corp                    Bank   of  America    Merrill    Lynch
        76,443                                                3,593
            Durect    Corp                    Goldman    Sachs
       128,447                                                 6,037
            DXC  Technology      Co                Bank   of  America    Merrill    Lynch
       (42,719)                                                (14,524)
            DXC  Technology      Co                Morgan    Stanley
       (31,989)                                               (148,429)
            DXP  Enterprises      Inc/TX               Bank   of  America    Merrill    Lynch
        3,323                                               (9,770)
            DXP  Enterprises      Inc/TX               Goldman    Sachs
        6,674                                               (19,622)
            DXP  Enterprises      Inc/TX               Morgan    Stanley
        2,655                                                 106
            Dycom   Industries      Inc               Goldman    Sachs
        (6,808)                                                66,387
            Dycom   Industries      Inc               Bank   of  America    Merrill    Lynch
       (12,232)                                                119,751
            Dycom   Industries      Inc               Morgan    Stanley
       (18,002)                                                (4,861)
            Dynavax    Technologies       Corp             Morgan    Stanley
        (6,463)                                                6,269
            Dynavax    Technologies       Corp             Bank   of  America    Merrill    Lynch
        (5,928)                                                5,846
            E*TRADE    Financial     Corp              Goldman    Sachs
        24,397                                                8,729
            E*TRADE    Financial     Corp              Bank   of  America    Merrill    Lynch
       (23,767)                                                13,547
            E*TRADE    Financial     Corp              Morgan    Stanley
        6,298                                                6,961
        95,464    Eagle   Bancorp    Inc                Bank   of  America    Merrill    Lynch       411,450
            Eagle   Bancorp    Inc                Goldman    Sachs
        12,638                                                54,470
            Eagle   Bancorp    Inc                Morgan    Stanley
        1,461                                                7,159
            Eagle   Materials     Inc               Goldman    Sachs
        30,382                                               (21,571)
            Eagle   Materials     Inc               Morgan    Stanley
        5,499                                               19,356
            Eagle   Materials     Inc               Bank   of  America    Merrill    Lynch
        1,713                                               (1,216)
            Eagle   Pharmaceuticals        Inc/DE            Bank   of  America    Merrill    Lynch
       (11,516)                                                 (576)
            Eagle   Pharmaceuticals        Inc/DE            Morgan    Stanley
        (2,327)                                                (4,677)
            East   West   Bancorp    Inc              Goldman    Sachs
        7,329                                                8,127
            East   West   Bancorp    Inc              Bank   of  America    Merrill    Lynch
       124,422                                                (2,488)
            East   West   Bancorp    Inc              Morgan    Stanley
        4,369                                               10,748
                                122/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Easterly     Government      Properties      Inc  (Reit)      Bank   of  America    Merrill    Lynch
       165,005                                                66,002
            Eastern    Co/The                   Bank   of  America    Merrill    Lynch
        (3,868)                                                7,697
            EastGroup     Properties      Inc  (Reit)           Morgan    Stanley
       (26,989)                                                (34,546)
            EastGroup     Properties      Inc  (Reit)           Goldman    Sachs
        16,220                                                40,694
            EastGroup     Properties      Inc  (Reit)           Bank   of  America    Merrill    Lynch
       127,442                                                322,428
            EastGroup     Properties      Inc  (Reit)           Morgan    Stanley
         317                                                406
            Eastman    Chemical     Co               Bank   of  America    Merrill    Lynch
        41,985                                               (159,123)
            Eastman    Chemical     Co               Morgan    Stanley
        93,442                                               129,884
            Eastman    Chemical     Co               Goldman    Sachs
        27,796                                               (105,326)
            Eaton   Corp   Plc                  Bank   of  America    Merrill    Lynch
        7,546                                               13,356
            Eaton   Vance   Corp                 Goldman    Sachs
        46,940                                               (114,064)
            Eaton   Vance   Corp                 Morgan    Stanley
        56,944                                               (55,236)
            Ebix   Inc                     Goldman    Sachs
        5,512                                               (20,460)
            Ebix   Inc                     Goldman    Sachs
       (34,738)                                                134,089
            Ebix   Inc                     Morgan    Stanley
        (1,065)                                                3,035
        2,166    Ebix   Inc                     Morgan    Stanley                (6,173)
            EchoStar     Corp   ‘A’                Goldman    Sachs
       (23,594)                                                 1,560
            EchoStar     Corp   ‘A’                Morgan    Stanley
        (9,847)                                                2,560
            EchoStar     Corp   ‘A’                Bank   of  America    Merrill    Lynch
        28,085                                                  －
            Ecolab    Inc                    Bank   of  America    Merrill    Lynch
        18,925                                                23,846
            Ecolab    Inc                    Morgan    Stanley
        12,692                                                80,340
            Ecolab    Inc                    Goldman    Sachs
        20,135                                                48,206
            Edgewell     Personal     Care   Co            Morgan    Stanley
        12,072                                               (21,247)
            Edgewell     Personal     Care   Co            Bank   of  America    Merrill    Lynch
       (132,274)                                                 99,206
            Edgewell     Personal     Care   Co            Goldman    Sachs
       (26,863)                                                27,823
            Edison    International                    Goldman    Sachs
         101                                                790
            Edison    International                    Bank   of  America    Merrill    Lynch
       (72,520)                                               (567,106)
            Edison    International                    Morgan    Stanley
        38,409                                                67,600
            eHealth    Inc                   Goldman    Sachs
        1,258                                                1,240
            Eiger   BioPharmaceuticals          Inc           Bank   of  America    Merrill    Lynch
        24,894                                                23,400
            Eiger   BioPharmaceuticals          Inc           Goldman    Sachs
        28,498                                                26,788
            Eiger   BioPharmaceuticals          Inc           Morgan    Stanley
        24,313                                                11,427
            El  Paso   Electric     Co               Bank   of  America    Merrill    Lynch
       (56,433)                                                78,442
            El  Paso   Electric     Co               Bank   of  America    Merrill    Lynch
        1,014                                                (331)
        73,824    El  Pollo   Loco   Holdings     Inc            Goldman    Sachs               (24,763)
            El  Pollo   Loco   Holdings     Inc            Morgan    Stanley
        2,795                                               (1,216)
            Elah   Holdings     Inc                Bank   of  America    Merrill    Lynch
          98                                               (465)
            Elah   Holdings     Inc                Morgan    Stanley
          87                                               (326)
            Elanco    Animal    Health    Inc             Bank   of  America    Merrill    Lynch
        26,139                                                 261
            Eldorado     Resorts    Inc               Goldman    Sachs
        (8,468)                                               (48,606)
            Eldorado     Resorts    Inc               Morgan    Stanley
        (4,760)                                               (35,414)
            Eldorado     Resorts    Inc               Bank   of  America    Merrill    Lynch
        (3,281)                                               (18,833)
            Electronic      Arts   Inc               Bank   of  America    Merrill    Lynch
        16,596                                               (35,515)
            Electronics      For  Imaging    Inc           Morgan    Stanley
       (18,050)                                                (6,859)
            elf  Beauty    Inc                  Bank   of  America    Merrill    Lynch
        84,381                                               (47,253)
                                123/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            elf  Beauty    Inc                  Morgan    Stanley
        31,582                                                19,897
            elf  Beauty    Inc                  Goldman    Sachs
        18,829                                               (10,544)
            Eli  Lilly   & Co                 Bank   of  America    Merrill    Lynch
        9,233                                               51,243
            Eli  Lilly   & Co                 Morgan    Stanley
        7,743                                               37,786
            Ellie   Mae  Inc                  Goldman    Sachs
        (2,966)                                                (2,612)
            Ellie   Mae  Inc                  Bank   of  America    Merrill    Lynch
        (1,741)                                                 (339)
            Ellie   Mae  Inc                  Morgan    Stanley
        (2,200)                                                (1,639)
            Ellington     Residential      Mortgage     REIT   (Reit)     Bank   of  America    Merrill    Lynch
       (189,537)                                                (113,722)
            Ellington     Residential      Mortgage     REIT   (Reit)     Goldman    Sachs
        (1,500)                                                 (900)
            Ellington     Residential      Mortgage     REIT   (Reit)     Morgan    Stanley
       (40,004)                                                (6,001)
            Embraer    SA  ADR                  Goldman    Sachs
       (17,447)                                                (9,421)
            Embraer    SA  ADR                  Morgan    Stanley
       (78,739)                                                (62,204)
            EMC  Insurance     Group   Inc             Bank   of  America    Merrill    Lynch
       (23,643)                                               (194,818)
            EMCOR   Group   Inc                 Bank   of  America    Merrill    Lynch
        34,041                                               (49,700)
            EMCOR   Group   Inc                 Goldman    Sachs
        5,856                                               (8,550)
        1,477    Emerald    Expositions      Events    Inc          Morgan    Stanley                  546
            Emerald    Expositions      Events    Inc          Bank   of  America    Merrill    Lynch
       186,743                                                89,637
            Emerald    Expositions      Events    Inc          Goldman    Sachs
        39,069                                                18,753
            Emergent     BioSolutions       Inc            Bank   of  America    Merrill    Lynch
        (3,480)                                               (13,711)
            Emergent     BioSolutions       Inc            Goldman    Sachs
        (1,266)                                                (3,429)
            Emergent     Capital    Inc               Bank   of  America    Merrill    Lynch
        69,696                                                (2,997)
            Emergent     Capital    Inc               Morgan    Stanley
       133,935                                                (4,420)
            Emerson    Electric     Co               Bank   of  America    Merrill    Lynch
       (104,352)                                                218,096
            Empire    State   Realty    Trust   Inc   ‘A’   (Reit)     Bank   of  America    Merrill    Lynch
        70,471                                                31,712
            Employers     Holdings     Inc              Bank   of  America    Merrill    Lynch
        74,959                                               (122,933)
            Employers     Holdings     Inc              Goldman    Sachs
        10,070                                               (16,515)
            Employers     Holdings     Inc              Morgan    Stanley
        6,455                                                4,131
            Empresas     ICA  SAB  de  CV  ADR*            Morgan    Stanley
       (125,125)                                                 (3,754)
            Enanta    Pharmaceuticals        Inc            Goldman    Sachs
         (593)                                               (1,632)
            Enbridge     Inc                   Bank   of  America    Merrill    Lynch
        (2,382)                                                 (715)
            Encompass     Health    Corp               Goldman    Sachs
         887                                               1,916
            Encompass     Health    Corp               Morgan    Stanley
         887                                               2,714
            Encore    Capital    Group   Inc             Morgan    Stanley
       (32,033)                                                (4,805)
            Encore    Capital    Group   Inc             Bank   of  America    Merrill    Lynch
       (43,116)                                                (58,207)
        49,163    Encore    Wire   Corp                 Bank   of  America    Merrill    Lynch       10,816
            Encore    Wire   Corp                 Goldman    Sachs
        7,720                                                1,698
            Encore    Wire   Corp                 Morgan    Stanley
        6,768                                               15,566
            Endo   International       Plc              Bank   of  America    Merrill    Lynch
        36,819                                               (18,778)
            Endo   International       Plc              Goldman    Sachs
       (24,951)                                                12,725
            Endo   International       Plc              Goldman    Sachs
        14,560                                                (7,426)
            Enel   Americas     SA  ADR               Goldman    Sachs
       (46,442)                                                (21,828)
            Enel   Americas     SA  ADR               Morgan    Stanley
       (105,402)                                                (49,539)
            Energizer     Holdings     Inc              Goldman    Sachs
        12,833                                               (75,715)
            Energizer     Holdings     Inc              Morgan    Stanley
        28,003                                               (48,445)
            Energous     Corp                   Goldman    Sachs
        3,468                                                 673
                                124/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Energy    Recovery     Inc               Morgan    Stanley
       (271,026)                                                (46,074)
            Energy    Recovery     Inc               Bank   of  America    Merrill    Lynch
       (30,618)                                                 9,185
                                    Goldman    Sachs
        (1,041)    EnerSys                                            (718)
                                    Bank   of  America    Merrill    Lynch
       (36,865)     EnerSys                                           (25,437)
                                    Morgan    Stanley
       (17,644)     EnerSys                                           (72,693)
            Engility     Holdings     Inc              Bank   of  America    Merrill    Lynch
        35,059                                                (1,402)
            Engility     Holdings     Inc              Goldman    Sachs
        16,007                                                 (640)
            Ennis   Inc                    Bank   of  America    Merrill    Lynch
       145,819                                                (80,200)
            Ennis   Inc                    Goldman    Sachs
        8,408                                               (4,624)
            Ennis   Inc                    Morgan    Stanley
        7,959                                                1,512
            Enova   International       Inc             Bank   of  America    Merrill    Lynch
        81,802                                               (80,984)
            Enova   International       Inc             Goldman    Sachs
        9,023                                               (8,933)
            EnPro   Industries      Inc               Morgan    Stanley
       (17,869)                                                (46,817)
            Ensco   Plc   ‘A’                  Goldman    Sachs
       (24,528)                                                 9,321
            Ensco   Plc   ‘A’                  Morgan    Stanley
       (63,223)                                                21,496
        31,543    Ensign    Group   Inc/The                 Bank   of  America    Merrill    Lynch        9,463
            Ensign    Group   Inc/The                 Goldman    Sachs
        10,630                                                3,189
            Ensign    Group   Inc/The                 Morgan    Stanley
        8,768                                               12,538
            Enstar    Group   Ltd                 Goldman    Sachs
        (8,840)                                                31,470
            Enstar    Group   Ltd                 Morgan    Stanley
        (6,539)                                                8,893
            Entegris     Inc                   Goldman    Sachs
        (8,553)                                               (12,060)
            Entegris     Inc                   Bank   of  America    Merrill    Lynch
       (205,819)                                                (290,205)
            Entegris     Inc                   Morgan    Stanley
       (40,230)                                                (52,299)
            Entercom     Communications        Corp   ‘A’        Goldman    Sachs
        (6,275)                                                4,706
            Entercom     Communications        Corp   ‘A’        Morgan    Stanley
       (14,378)                                                 1,438
            Entergy    Corp                   Bank   of  America    Merrill    Lynch
       (82,630)                                                (31,399)
            Entravision      Communications        Corp   ‘A’       Goldman    Sachs
       (16,714)                                                 (134)
            Enzo   Biochem    Inc                 Bank   of  America    Merrill    Lynch
        44,861                                                1,346
            Enzo   Biochem    Inc                 Goldman    Sachs
        13,109                                                 393
            Enzo   Biochem    Inc                 Morgan    Stanley
        11,610                                                 581
            EPAM   Systems    Inc                 Goldman    Sachs
        (5,074)                                               (28,553)
            EPAM   Systems    Inc                 Bank   of  America    Merrill    Lynch
        9,606                                               10,855
            EPAM   Systems    Inc                 Morgan    Stanley
        (1,217)                                                (8,422)
            Epizyme    Inc                   Bank   of  America    Merrill    Lynch
        26,815                                                1,877
        44,964    Epizyme    Inc                   Goldman    Sachs                3,147
            Epizyme    Inc                   Morgan    Stanley
        31,642                                                4,746
            ePlus   Inc                    Bank   of  America    Merrill    Lynch
        (3,270)                                                (6,605)
            ePlus   Inc                    Goldman    Sachs
        (2,155)                                                (4,353)
            EPR  Properties      (Reit)                Morgan    Stanley
       (132,244)                                                (35,706)
            EQT  Corp                      Bank   of  America    Merrill    Lynch
        29,011                                                39,745
            Equifax    Inc                   Bank   of  America    Merrill    Lynch
       (28,098)                                                (70,526)
            Equinix    Inc  (Reit)                 Goldman    Sachs
         (163)                                                (614)
            Equitrans     Midstream     Corp             Bank   of  America    Merrill    Lynch
        23,208                                                3,713
            Equity    Bancshares      Inc   ‘A’            Bank   of  America    Merrill    Lynch
       (30,064)                                                 3,908
            Equity    Bancshares      Inc   ‘A’            Goldman    Sachs
        (2,979)                                                 (937)
                                125/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
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                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Equity    Commonwealth       (Reit)             Morgan    Stanley
       (96,502)                                                (47,286)
            Equity    Commonwealth       (Reit)             Bank   of  America    Merrill    Lynch
       (164,694)                                                (113,639)
            Equity    LifeStyle     Properties      Inc  (Reit)       Bank   of  America    Merrill    Lynch
        26,749                                                56,330
            Equity    Residential      (Reit)              Goldman    Sachs
       (20,126)                                                (36,589)
            Equity    Residential      (Reit)              Bank   of  America    Merrill    Lynch
       (105,582)                                                (338,918)
            Equity    Residential      (Reit)              Morgan    Stanley
        (5,137)                                                (9,658)
            Erie   Indemnity     Co  ‘A’              Bank   of  America    Merrill    Lynch
         197                                                621
            Erie   Indemnity     Co  ‘A’              Goldman    Sachs
        1,613                                                5,081
            ESCO   Technologies       Inc              Bank   of  America    Merrill    Lynch
        47,952                                               268,052
            Escrow    New  York   (Reit)               Bank   of  America    Merrill    Lynch
       (40,015)                                                 4,802
            Escrow    New  York   (Reit)               Goldman    Sachs
       (39,940)                                                 4,793
            Escrow    New  York   (Reit)               Morgan    Stanley
       (21,172)                                                 1,694
            Esperion     Therapeutics       Inc            Bank   of  America    Merrill    Lynch
        (4,956)                                               (25,870)
            Esperion     Therapeutics       Inc            Morgan    Stanley
        (4,419)                                                (6,717)
            Esperion     Therapeutics       Inc            Goldman    Sachs
         (863)                                               (4,505)
        52,324    Essendant     Inc                  Bank   of  America    Merrill    Lynch        (523)
            Essent    Group   Ltd                 Bank   of  America    Merrill    Lynch
       126,064                                               (214,309)
            Essent    Group   Ltd                 Goldman    Sachs
        41,804                                                (8,688)
            Essential     Properties      Realty    Trust   Inc  (Reit)    Goldman    Sachs
        36,965                                                11,958
            Essex   Property     Trust   Inc  (Reit)           Goldman    Sachs
         (234)                                                (808)
            Essex   Property     Trust   Inc  (Reit)           Bank   of  America    Merrill    Lynch
        (1,106)                                               (12,033)
            Essex   Property     Trust   Inc  (Reit)           Morgan    Stanley
        (1,719)                                                (8,698)
            Estee   Lauder    Cos  Inc/The     ‘A’          Bank   of  America    Merrill    Lynch
        10,910                                               (32,730)
            Estee   Lauder    Cos  Inc/The     ‘A’          Goldman    Sachs
        20,701                                               (62,103)
            Estee   Lauder    Cos  Inc/The     ‘A’          Morgan    Stanley
        37,556                                                65,347
            Etsy   Inc                     Bank   of  America    Merrill    Lynch
        12,207                                                70,556
            Euronet    Worldwide     Inc              Goldman    Sachs
        (6,682)                                               (45,237)
            Euronet    Worldwide     Inc              Morgan    Stanley
        (2,793)                                               (21,450)
            Euronet    Worldwide     Inc              Bank   of  America    Merrill    Lynch
         (205)                                               (1,388)
            Evans   Bancorp    Inc                Bank   of  America    Merrill    Lynch
        (3,568)                                                11,917
            Evans   Bancorp    Inc                Morgan    Stanley
       (11,107)                                                44,539
            Everbridge      Inc                  Goldman    Sachs
        (5,678)                                               (23,963)
            Everbridge      Inc                  Bank   of  America    Merrill    Lynch
        (8,123)                                               (22,582)
            Evercore     Inc   ‘A’                Bank   of  America    Merrill    Lynch
        30,403                                                16,418
        2,364    Evercore     Inc   ‘A’                Goldman    Sachs                1,277
            Evercore     Inc   ‘A’                Morgan    Stanley
        7,829                                               10,413
            Everest    Re  Group   Ltd               Goldman    Sachs
        7,384                                               40,637
            Everest    Re  Group   Ltd               Morgan    Stanley
        4,579                                               29,397
            Everest    Re  Group   Ltd               Bank   of  America    Merrill    Lynch
       (12,442)                                                (76,643)
            Evergy    Inc                    Goldman    Sachs
        2,242                                                 465
            EverQuote     Inc   ‘A’                Bank   of  America    Merrill    Lynch
        96,203                                                27,418
            EverQuote     Inc   ‘A’                Goldman    Sachs
        48,565                                                13,841
            EverQuote     Inc   ‘A’                Morgan    Stanley
        7,479                                                1,795
            Eversource      Energy                  Bank   of  America    Merrill    Lynch
        16,266                                                20,495
            Everspin     Technologies       Inc            Goldman    Sachs
        5,083                                                (240)
                                126/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            EVERTEC    Inc                   Goldman    Sachs
        16,222                                                (2,086)
            Evolent    Health    Inc   ‘A’             Bank   of  America    Merrill    Lynch
        4,699                                                7,941
            Evolution     Petroleum     Corp             Bank   of  America    Merrill    Lynch
       118,353                                               (151,492)
            Evolution     Petroleum     Corp             Goldman    Sachs
       109,155                                               (139,718)
            Evolution     Petroleum     Corp             Morgan    Stanley
       145,365                                                (59,600)
            Evoqua    Water   Technologies       Corp          Goldman    Sachs
        34,545                                               (15,412)
            Evoqua    Water   Technologies       Corp          Bank   of  America    Merrill    Lynch
       101,050                                                (48,504)
            Evoqua    Water   Technologies       Corp          Morgan    Stanley
        4,620                                                 924
            EW  Scripps    Co/The    ‘A’              Bank   of  America    Merrill    Lynch
        19,633                                                9,031
            EW  Scripps    Co/The    ‘A’              Goldman    Sachs
        16,990                                                7,815
            EW  Scripps    Co/The    ‘A’              Morgan    Stanley
       102,644                                                80,062
            Exact   Sciences     Corp                Bank   of  America    Merrill    Lynch
        (5,928)                                               (52,107)
            Exelixis     Inc                   Bank   of  America    Merrill    Lynch
        25,300                                                60,720
            Exelon    Corp                    Morgan    Stanley
       (202,448)                                                (202,448)
            Exelon    Corp                    Goldman    Sachs
        (9,285)                                                (2,979)
       (41,860)     ExlService      Holdings     Inc             Bank   of  America    Merrill    Lynch       14,651
            ExlService      Holdings     Inc             Morgan    Stanley
        (1,008)                                                 (827)
            ExlService      Holdings     Inc             Goldman    Sachs
        (1,031)                                                 361
            ExOne   Co/The                    Bank   of  America    Merrill    Lynch
       (31,979)                                                72,273
            ExOne   Co/The                    Goldman    Sachs
       (23,693)                                                53,546
            Expedia    Group   Inc                Goldman    Sachs
        (4,488)                                               (15,714)
            Expedia    Group   Inc                Morgan    Stanley
         (791)                                               (5,751)
            Expeditors      International       of  Washington      Inc   Goldman    Sachs
       (47,489)                                               (113,024)
            Expeditors      International       of  Washington      Inc   Morgan    Stanley
       (13,398)                                                (36,845)
            Exponent     Inc                   Goldman    Sachs
       (23,075)                                                63,020
            Exponent     Inc                   Morgan    Stanley
       (35,223)                                                11,976
            Exponent     Inc                   Bank   of  America    Merrill    Lynch
        8,291                                               (28,770)
            Exponent     Inc                   Goldman    Sachs
        1,189                                               (4,126)
            Express    Inc                   Bank   of  America    Merrill    Lynch
       (208,791)                                                494,835
            Extended     Stay   America    Inc  (Unit)          Bank   of  America    Merrill    Lynch
        67,413                                               (11,123)
            Extended     Stay   America    Inc  (Unit)          Morgan    Stanley
        41,943                                                (9,454)
            Extended     Stay   America    Inc  (Unit)          Goldman    Sachs
        63,312                                               (10,446)
            Extra   Space   Storage    Inc  (Reit)           Bank   of  America    Merrill    Lynch
        37,568                                                61,987
            Extra   Space   Storage    Inc  (Reit)           Morgan    Stanley
        1,788                                                2,951
        3,181    Extra   Space   Storage    Inc  (Reit)           Goldman    Sachs                5,249
            Extraction      Oil  & Gas  Inc             Morgan    Stanley
       (21,656)                                                16,025
            Extreme    Networks     Inc               Bank   of  America    Merrill    Lynch
        86,799                                                2,604
            Extreme    Networks     Inc               Goldman    Sachs
        68,079                                                6,569
            Extreme    Networks     Inc               Morgan    Stanley
        59,434                                                18,425
            Exxon   Mobil   Corp                 Goldman    Sachs
       (23,667)                                                (13,254)
            Exxon   Mobil   Corp                 Morgan    Stanley
       (33,812)                                               (110,227)
            Exxon   Mobil   Corp                 Bank   of  America    Merrill    Lynch
       (44,416)                                                (24,873)
            EyePoint     Pharmaceuticals        Inc           Bank   of  America    Merrill    Lynch
       (41,292)                                                (6,607)
            EyePoint     Pharmaceuticals        Inc           Morgan    Stanley
       (18,113)                                                 (181)
            F5  Networks     Inc                 Goldman    Sachs
        (6,736)                                                39,473
                                127/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            F5  Networks     Inc                 Bank   of  America    Merrill    Lynch
       (15,540)                                                91,064
            F5  Networks     Inc                 Morgan    Stanley
        (5,351)                                               (27,932)
                                    Goldman    Sachs
        (2,427)    Fabrinet                                           (2,670)
                                    Morgan    Stanley
        (8,798)    Fabrinet                                           (12,581)
            Facebook     Inc   ‘A’                Bank   of  America    Merrill    Lynch
        13,247                                               (74,316)
            FactSet    Research     Systems    Inc           Goldman    Sachs
        (4,727)                                               (29,686)
            FactSet    Research     Systems    Inc           Morgan    Stanley
        (7,354)                                               (42,947)
            Fair   Isaac   Corp                  Goldman    Sachs
         186                                               3,331
            Fair   Isaac   Corp                  Bank   of  America    Merrill    Lynch
        (3,708)                                               (15,314)
            Fair   Isaac   Corp                  Bank   of  America    Merrill    Lynch
          58                                               305
            Fair   Isaac   Corp                  Morgan    Stanley
        2,365                                               41,695
            Farmer    Brothers     Co               Bank   of  America    Merrill    Lynch
       (61,383)                                                (15,960)
            Farmers    National     Banc   Corp            Morgan    Stanley
        13,485                                                4,180
            Farmers    National     Banc   Corp            Bank   of  America    Merrill    Lynch
        44,321                                                8,864
            Farmers    National     Banc   Corp            Goldman    Sachs
        26,359                                                5,469
       (29,663)     Fastenal     Co                   Bank   of  America    Merrill    Lynch       (66,148)
            FB  Financial     Corp                 Bank   of  America    Merrill    Lynch
        (1,813)                                                 (471)
            FBL  Financial     Group   Inc   ‘A’           Bank   of  America    Merrill    Lynch
        4,504                                               (5,270)
            FBL  Financial     Group   Inc   ‘A’           Goldman    Sachs
        1,544                                               (1,806)
            FCB  Financial     Holdings     Inc   ‘A’         Morgan    Stanley
        6,083                                               11,193
            FCB  Financial     Holdings     Inc   ‘A’         Bank   of  America    Merrill    Lynch
       121,874                                                12,187
            FCB  Financial     Holdings     Inc   ‘A’         Goldman    Sachs
        9,035                                                 904
            Federal    Agricultural       Mortgage     Corp   ‘C’     Goldman    Sachs
        9,092                                               (9,910)
            Federal    Agricultural       Mortgage     Corp   ‘C’     Bank   of  America    Merrill    Lynch
        39,706                                               (43,280)
            Federal    Agricultural       Mortgage     Corp   ‘C’     Morgan    Stanley
        5,351                                               (1,552)
            Federal    Realty    Investment      Trust   (Reit)       Goldman    Sachs
         (332)                                                (741)
            Federal    Signal    Corp                Morgan    Stanley
        22,475                                                2,023
            Federal    Signal    Corp                Bank   of  America    Merrill    Lynch
       128,163                                               (105,094)
            Federal    Signal    Corp                Goldman    Sachs
        10,460                                                (8,577)
            Federated     Investors     Inc   ‘B’           Bank   of  America    Merrill    Lynch
        56,700                                                70,875
            Federated     Investors     Inc   ‘B’           Goldman    Sachs
        2,319                                                (493)
            FedEx   Corp                    Goldman    Sachs
        1,986                                                 695
            FedEx   Corp                    Bank   of  America    Merrill    Lynch
        2,604                                                 911
            Ferrari    NV                   Goldman    Sachs
        19,445                                               (44,162)
         770   Ferrari    NV                   Bank   of  America    Merrill    Lynch        (233)
            Ferrari    NV                   Morgan    Stanley
        11,371                                                23,765
            Ferroglobe      Plc                  Goldman    Sachs
        15,983                                               (51,785)
            Ferroglobe      Plc                  Morgan    Stanley
        58,894                                               (143,701)
            FGL  Holdings                      Bank   of  America    Merrill    Lynch
       194,479                                                44,730
            FGL  Holdings                      Morgan    Stanley
        98,371                                                19,674
            FGL  Holdings                      Goldman    Sachs
        11,346                                                2,610
            Fibria    Celulose     SA  ADR              Morgan    Stanley
       (27,377)                                                (6,297)
            FibroGen     Inc                   Bank   of  America    Merrill    Lynch
       (22,758)                                                (42,557)
            Fidelity     D&D  Bancorp    Inc             Morgan    Stanley
         (622)                                               (2,469)
            Fidelity     National     Financial     Inc         Goldman    Sachs
        34,116                                                28,316
                                128/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Fidelity     National     Financial     Inc         Morgan    Stanley
        4,538                                                4,674
            Fidelity     National     Information      Services     Inc   Bank   of  America    Merrill    Lynch
        29,086                                                (8,144)
            Fidelity     Southern     Corp              Bank   of  America    Merrill    Lynch
       (63,560)                                                 1,271
            Fiesta    Restaurant      Group   Inc           Bank   of  America    Merrill    Lynch
        21,725                                               (10,428)
            Fiesta    Restaurant      Group   Inc           Goldman    Sachs
        2,941                                               (1,412)
            Fiesta    Restaurant      Group   Inc           Morgan    Stanley
        10,634                                                (4,892)
            First   American     Financial     Corp           Goldman    Sachs
        22,353                                                67,506
            First   American     Financial     Corp           Bank   of  America    Merrill    Lynch
        17,673                                                53,372
            First   American     Financial     Corp           Morgan    Stanley
        51,328                                                86,231
            First   BanCorp/Puerto        Rico             Goldman    Sachs
       (17,227)                                                 (189)
            First   Bancorp/Southern         Pines   NC         Bank   of  America    Merrill    Lynch
        46,004                                                31,743
            First   Bancshares      Inc/The               Goldman    Sachs
        (1,180)                                                1,521
            First   Bank/Hamilton       NJ             Bank   of  America    Merrill    Lynch
        60,172                                                (2,407)
            First   Bank/Hamilton       NJ             Morgan    Stanley
        4,653                                                 512
            First   Bank/Hamilton       NJ             Goldman    Sachs
        18,139                                                 (726)
         837   First   Citizens     BancShares      Inc/NC    ‘A’      Goldman    Sachs               (10,144)
            First   Citizens     BancShares      Inc/NC    ‘A’      Bank   of  America    Merrill    Lynch
        (2,576)                                                31,221
            First   Citizens     BancShares      Inc/NC    ‘A’      Goldman    Sachs
         (249)                                               3,018
            First   Citizens     BancShares      Inc/NC    ‘A’      Morgan    Stanley
        1,617                                                4,026
            First   Citizens     BancShares      Inc/NC    ‘A’      Bank   of  America    Merrill    Lynch
         339                                              (4,109)
            First   Community     Bankshares      Inc          Goldman    Sachs
        (3,163)                                                (1,740)
            First   Community     Bankshares      Inc          Bank   of  America    Merrill    Lynch
        (2,883)                                                (1,586)
            First   Community     Corp/SC               Bank   of  America    Merrill    Lynch
        3,070                                                 215
            First   Community     Corp/SC               Goldman    Sachs
         397                                                28
            First   Data   Corp   ‘A’               Bank   of  America    Merrill    Lynch
        57,874                                                43,695
            First   Defiance     Financial     Corp           Bank   of  America    Merrill    Lynch
       285,388                                                71,347
            First   Defiance     Financial     Corp           Morgan    Stanley
        10,320                                                4,438
            First   Financial     Bancorp               Goldman    Sachs
       (25,534)                                                (12,129)
            First   Financial     Bancorp               Morgan    Stanley
       (52,723)                                                (26,098)
            First   Financial     Bankshares      Inc          Morgan    Stanley
       (54,463)                                                (19,062)
            First   Financial     Corp/IN               Bank   of  America    Merrill    Lynch
        82,486                                                (6,599)
            First   Financial     Corp/IN               Morgan    Stanley
        2,452                                                1,913
            First   Financial     Corp/IN               Goldman    Sachs
        17,606                                                (1,408)
            First   Financial     Northwest     Inc          Bank   of  America    Merrill    Lynch
       104,064                                                (11,447)
        39,521    First   Financial     Northwest     Inc          Goldman    Sachs                (4,347)
            First   Financial     Northwest     Inc          Morgan    Stanley
        33,749                                                (8,437)
            First   Foundation      Inc               Goldman    Sachs
       (224,705)                                                 67,412
            First   Hawaiian     Inc                Goldman    Sachs
       (12,994)                                                (7,923)
            First   Hawaiian     Inc                Morgan    Stanley
       (18,417)                                                (15,470)
            First   Horizon    National     Corp            Goldman    Sachs
       (21,505)                                                (3,625)
            First   Horizon    National     Corp            Morgan    Stanley
        (9,292)                                                (2,044)
            First   Horizon    National     Corp            Goldman    Sachs
        13,748                                                1,237
            First   Horizon    National     Corp            Bank   of  America    Merrill    Lynch
       169,723                                                15,275
            First   Horizon    National     Corp            Morgan    Stanley
        15,772                                                3,470
            First   Industrial      Realty    Trust   Inc  (Reit)      Goldman    Sachs
        (5,482)                                                (2,851)
                                129/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            First   Industrial      Realty    Trust   Inc  (Reit)      Bank   of  America    Merrill    Lynch
        75,950                                                39,494
            First   Industrial      Realty    Trust   Inc  (Reit)      Morgan    Stanley
       (36,354)                                                (18,177)
            First   Mid-Illinois       Bancshares      Inc        Bank   of  America    Merrill    Lynch
       (90,503)                                                (42,536)
            First   Mid-Illinois       Bancshares      Inc        Goldman    Sachs
       (31,422)                                                (14,768)
            First   Mid-Illinois       Bancshares      Inc        Morgan    Stanley
        (3,696)                                                (3,659)
            First   Northwest     Bancorp               Goldman    Sachs
        10,973                                                 768
            First   Northwest     Bancorp               Morgan    Stanley
         837                                                42
            First   Northwest     Bancorp               Bank   of  America    Merrill    Lynch
       106,524                                                 7,457
            First   of  Long   Island    Corp/The             Morgan    Stanley
        11,493                                                4,942
            First   of  Long   Island    Corp/The             Bank   of  America    Merrill    Lynch
        74,852                                                17,964
            First   of  Long   Island    Corp/The             Goldman    Sachs
        12,715                                                3,052
            First   Republic     Bank/CA                Bank   of  America    Merrill    Lynch
        30,553                                                78,521
            First   Republic     Bank/CA                Goldman    Sachs
        32,595                                                83,780
            First   Solar   Inc                 Bank   of  America    Merrill    Lynch
       (12,947)                                                (1,295)
            First   Solar   Inc                 Goldman    Sachs
        (4,519)                                                 (452)
       (15,011)     FirstCash     Inc                  Bank   of  America    Merrill    Lynch       (40,229)
            FirstCash     Inc                  Goldman    Sachs
         (625)                                               (1,675)
            FirstEnergy      Corp                 Bank   of  America    Merrill    Lynch
       (114,090)                                                148,317
            Fiserv    Inc                    Bank   of  America    Merrill    Lynch
       (42,097)                                                43,360
            Fitbit    Inc   ‘A’                 Bank   of  America    Merrill    Lynch
       239,109                                                (59,777)
            Fitbit    Inc   ‘A’                 Goldman    Sachs
       216,664                                                (54,166)
            Five   Below   Inc                  Bank   of  America    Merrill    Lynch
        26,522                                               (417,191)
            Five   Below   Inc                  Morgan    Stanley
        20,592                                                47,362
            Five   Prime   Therapeutics       Inc           Bank   of  America    Merrill    Lynch
        39,788                                                41,380
            Five9   Inc                    Goldman    Sachs
         (938)                                               (1,457)
            Flagstar     Bancorp    Inc               Bank   of  America    Merrill    Lynch
       187,365                                                172,376
            FleetCor     Technologies       Inc            Goldman    Sachs
         (12)                                                58
            FleetCor     Technologies       Inc            Bank   of  America    Merrill    Lynch
       (13,022)                                                62,766
            FleetCor     Technologies       Inc            Morgan    Stanley
        (1,750)                                               (16,240)
            Flex   Ltd                     Bank   of  America    Merrill    Lynch
       (20,593)                                                (7,002)
            Flex   Ltd                     Goldman    Sachs
       (38,204)                                                (12,989)
            FLIR   Systems    Inc                 Goldman    Sachs
        1,327                                               (2,919)
            FLIR   Systems    Inc                 Morgan    Stanley
        14,780                                                (4,730)
            Floor   & Décor   Holdings     Inc   ‘A’         Goldman    Sachs
       (20,595)                                                (3,276)
       (12,090)     Floor   & Décor   Holdings     Inc   ‘A’         Bank   of  America    Merrill    Lynch       (2,176)
            Floor   & Décor   Holdings     Inc   ‘A’         Morgan    Stanley
       (22,509)                                                (24,310)
            Flowers    Foods   Inc                Bank   of  America    Merrill    Lynch
       (117,845)                                                 21,212
            Flowserve     Corp                  Bank   of  America    Merrill    Lynch
       (54,054)                                                98,919
            Flowserve     Corp                  Morgan    Stanley
       (11,713)                                                (28,111)
            Fluent    Inc                    Morgan    Stanley
        14,395                                                (1,871)
            Fluent    Inc                    Bank   of  America    Merrill    Lynch
        13,700                                                (1,918)
            Fluent    Inc                    Goldman    Sachs
        26,862                                                (2,309)
            Fluor   Corp                    Goldman    Sachs
        15,467                                               (38,671)
            Fluor   Corp                    Morgan    Stanley
        7,134                                                2,955
            FMC  Corp                      Bank   of  America    Merrill    Lynch
       (27,256)                                                (3,543)
                                130/242



                                                           EDINET提出書類
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                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            FNB  Corp/PA                      Bank   of  America    Merrill    Lynch
       (109,573)                                                 (4,383)
            Focus   Financial     Partners     Inc   ‘A’        Goldman    Sachs
        4,959                                               (5,365)
            Focus   Financial     Partners     Inc   ‘A’        Morgan    Stanley
        2,076                                               (1,619)
            Focus   Financial     Partners     Inc   ‘A’        Bank   of  America    Merrill    Lynch
        6,200                                               (6,386)
            Fomento    Economico     Mexicano     SAB  de  CV  ADR    Morgan    Stanley
        13,111                                               (15,078)
            Fomento    Economico     Mexicano     SAB  de  CV  ADR    Goldman    Sachs
        3,326                                                7,450
            FONAR   Corp                    Bank   of  America    Merrill    Lynch
       (14,180)                                                 9,075
            FONAR   Corp                    Goldman    Sachs
        (4,312)                                                2,760
            Foot   Locker    Inc                 Bank   of  America    Merrill    Lynch
       (12,209)                                                (55,551)
            Foot   Locker    Inc                 Morgan    Stanley
        (4,264)                                               (12,749)
            Ford   Motor   Co                  Bank   of  America    Merrill    Lynch
       134,025                                                12,062
            Ford   Motor   Co                  Goldman    Sachs
        19,762                                                1,779
            ForeScout     Technologies       Inc            Goldman    Sachs
       (11,546)                                                (4,965)
            ForeScout     Technologies       Inc            Bank   of  America    Merrill    Lynch
       (11,379)                                                (4,893)
            Forestar     Group   Inc                Morgan    Stanley
        (5,539)                                                (2,936)
       (44,288)     FormFactor      Inc                  Morgan    Stanley                (48,717)
            FormFactor      Inc                  Bank   of  America    Merrill    Lynch
       (47,082)                                                (50,849)
            Forrester     Research     Inc              Bank   of  America    Merrill    Lynch
        (3,047)                                               (11,853)
            Forterra     Inc                   Bank   of  America    Merrill    Lynch
       (23,836)                                                (6,912)
            Fortinet     Inc                   Bank   of  America    Merrill    Lynch
        16,819                                                26,742
            Fortinet     Inc                   Morgan    Stanley
        14,795                                                94,392
            Fortinet     Inc                   Goldman    Sachs
        16,199                                                25,756
            Fortive    Corp                   Goldman    Sachs
       (69,330)                                                96,369
            Fortune    Brands    Home   & Security     Inc        Goldman    Sachs
        23,042                                                13,003
            Fortune    Brands    Home   & Security     Inc        Bank   of  America    Merrill    Lynch
        16,858                                                10,115
            Fortune    Brands    Home   & Security     Inc        Morgan    Stanley
        14,244                                                4,141
            Forty   Seven   Inc                 Bank   of  America    Merrill    Lynch
        1,859                                                9,964
            Forum   Energy    Technologies       Inc          Morgan    Stanley
        2,303                                                (921)
            Forum   Energy    Technologies       Inc          Bank   of  America    Merrill    Lynch
        (6,863)                                                5,353
            Forward    Air  Corp                 Bank   of  America    Merrill    Lynch
       (55,661)                                               (153,068)
            Forward    Air  Corp                 Goldman    Sachs
        (4,067)                                               (11,888)
            Fossil    Group   Inc                 Morgan    Stanley
       (21,318)                                                 5,116
            Fossil    Group   Inc                 Bank   of  America    Merrill    Lynch
       (44,342)                                                (29,709)
            Foundation      Building     Materials     Inc        Bank   of  America    Merrill    Lynch
        1,122                                                 (45)
        9,695    Foundation      Building     Materials     Inc        Goldman    Sachs                 (388)
            Four   Corners    Property     Trust   Inc  (Reit)       Bank   of  America    Merrill    Lynch
       324,111                                                374,348
            Four   Corners    Property     Trust   Inc  (Reit)       Goldman    Sachs
        32,536                                                37,579
            Four   Corners    Property     Trust   Inc  (Reit)       Morgan    Stanley
       106,474                                                66,546
            Fox  Factory    Holding    Corp             Bank   of  America    Merrill    Lynch
        30,450                                               (150,119)
            Francesca’s       Holdings     Corp            Bank   of  America    Merrill    Lynch
       (559,919)                                                335,951
            Frank’s     International       NV            Goldman    Sachs
       (15,646)                                                 8,605
            Frank’s     International       NV            Morgan    Stanley
       (49,866)                                                24,434
            Franklin     Covey   Co                Bank   of  America    Merrill    Lynch
         902                                               1,146
            Franklin     Covey   Co                Morgan    Stanley
        2,139                                                2,930
            Franklin     Electric     Co  Inc             Bank   of  America    Merrill    Lynch
       (12,063)                                                12,063
                                131/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Franklin     Electric     Co  Inc             Goldman    Sachs
        (9,736)                                                9,736
            Franklin     Financial     Network    Inc          Goldman    Sachs
       (15,100)                                                  240
            Franklin     Financial     Network    Inc          Bank   of  America    Merrill    Lynch
       (25,615)                                                 2,562
            Franklin     Resources     Inc              Bank   of  America    Merrill    Lynch
        42,367                                                84,734
            Franklin     Street    Properties      Corp   (Reit)       Bank   of  America    Merrill    Lynch
       320,676                                                (19,241)
            Franklin     Street    Properties      Corp   (Reit)       Goldman    Sachs
        28,840                                                (1,730)
            Franklin     Street    Properties      Corp   (Reit)       Morgan    Stanley
        7,110                                                 －
            Fred’s    Inc   ‘A’                 Bank   of  America    Merrill    Lynch
       (169,312)                                                 27,090
            Fred’s    Inc   ‘A’                 Morgan    Stanley
       (53,519)                                                (2,141)
            Fred’s    Inc   ‘A’                 Goldman    Sachs
        (8,093)                                                1,295
            Freeport-McMoRan         Inc               Goldman    Sachs
       (17,375)                                                 4,691
            Freeport-McMoRan         Inc               Morgan    Stanley
       (53,152)                                                (48,900)
            FreightCar      America    Inc              Bank   of  America    Merrill    Lynch
       (120,581)                                                108,523
            Fresh   Del  Monte   Produce    Inc           Bank   of  America    Merrill    Lynch
       (87,567)                                               (220,669)
            Fresh   Del  Monte   Produce    Inc           Morgan    Stanley
        39,787                                               111,006
        6,858    Freshpet     Inc                   Goldman    Sachs               (17,762)
            Front   Yard   Residential      Corp   (Reit)         Goldman    Sachs
        42,002                                                9,799
            frontdoor     Inc                  Goldman    Sachs
        6,232                                               10,461
            frontdoor     Inc                  Bank   of  America    Merrill    Lynch
        48,013                                                72,980
            frontdoor     Inc                  Morgan    Stanley
        27,623                                                18,507
            FRP  Holdings     Inc                 Bank   of  America    Merrill    Lynch
       (22,212)                                                 7,552
            FS  Bancorp    Inc                  Morgan    Stanley
         515                                                494
            FS  Bancorp    Inc                  Bank   of  America    Merrill    Lynch
        14,315                                                10,736
            FS  Bancorp    Inc                  Goldman    Sachs
        2,861                                                2,146
            FTD  Cos  Inc                   Bank   of  America    Merrill    Lynch
        34,502                                                (9,661)
            FTD  Cos  Inc                   Goldman    Sachs
        7,936                                               (2,222)
            FTI  Consulting      Inc                Goldman    Sachs
        (5,695)                                                (3,043)
            FTS  International       Inc              Bank   of  America    Merrill    Lynch
        3,684                                               (4,973)
            Fulton    Financial     Corp               Bank   of  America    Merrill    Lynch
       (162,298)                                                (66,542)
            Fulton    Financial     Corp               Morgan    Stanley
       (12,780)                                                (6,134)
            Fusion    Connect    Inc                Morgan    Stanley
       (50,988)                                                 3,059
            Fusion    Connect    Inc                Bank   of  America    Merrill    Lynch
       (86,691)                                                41,612
            FutureFuel      Corp                  Bank   of  America    Merrill    Lynch
        18,153                                                (1,089)
            FutureFuel      Corp                  Goldman    Sachs
        9,840                                                (590)
        8,225    FutureFuel      Corp                  Morgan    Stanley                  411
            G-III   Apparel    Group   Ltd             Bank   of  America    Merrill    Lynch
        1,086                                                 245
            G1  Therapeutics       Inc               Goldman    Sachs
        (6,040)                                                9,777
            G1  Therapeutics       Inc               Bank   of  America    Merrill    Lynch
        (5,894)                                                12,436
            Gafisa    SA  ADR                  Goldman    Sachs
        (3,368)                                                (1,785)
            Gafisa    SA  ADR                  Morgan    Stanley
       (11,535)                                                (5,883)
            GAIN   Capital    Holdings     Inc            Morgan    Stanley
       (210,118)                                                (16,809)
            GAIN   Capital    Holdings     Inc            Bank   of  America    Merrill    Lynch
       (21,892)                                                11,603
            GAMCO   Investors     Inc   ‘A’             Bank   of  America    Merrill    Lynch
        (4,254)                                                (5,403)
            GameStop     Corp   ‘A’                Bank   of  America    Merrill    Lynch
       (65,904)                                                (33,637)
            GameStop     Corp   ‘A’                Morgan    Stanley
       (87,222)                                                22,678
                                132/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Gaming    and  Leisure    Properties      Inc  (Reit)      Bank   of  America    Merrill    Lynch
       (91,303)                                               (104,998)
            Gaming    and  Leisure    Properties      Inc  (Reit)      Goldman    Sachs
       (27,936)                                                (32,134)
            Gap  Inc/The                      Bank   of  America    Merrill    Lynch
       (103,626)                                                (87,046)
            Gardner    Denver    Holdings     Inc           Bank   of  America    Merrill    Lynch
         962                                               (683)
            Gardner    Denver    Holdings     Inc           Morgan    Stanley
       (25,021)                                                (27,023)
            Gardner    Denver    Holdings     Inc           Goldman    Sachs
        12,303                                                (8,735)
            Garmin    Ltd                    Bank   of  America    Merrill    Lynch
        54,990                                                53,890
            Garrett    Motion    Inc                Bank   of  America    Merrill    Lynch
        29,960                                               (43,742)
            Gartner    Inc                   Bank   of  America    Merrill    Lynch
       (16,442)                                               (136,962)
            GasLog    Ltd                    Goldman    Sachs
        7,922                                                2,535
            GasLog    Ltd                    Morgan    Stanley
        41,384                                                63,318
            Gates   Industrial      Corp   Plc            Bank   of  America    Merrill    Lynch
        62,929                                               (45,938)
            GATX   Corp                     Goldman    Sachs
        (4,670)                                                (8,266)
            GATX   Corp                     Bank   of  America    Merrill    Lynch
        5,073                                                8,979
            GATX   Corp                     Goldman    Sachs
        1,621                                                2,869
       (12,357)     GATX   Corp                     Bank   of  America    Merrill    Lynch       (21,872)
            GCI  Liberty    Inc   ‘A’               Bank   of  America    Merrill    Lynch
       (48,332)                                                (47,849)
            GCP  Applied    Technologies       Inc           Bank   of  America    Merrill    Lynch
       (152,897)                                                (15,290)
            Gencor    Industries      Inc              Bank   of  America    Merrill    Lynch
        23,374                                                (3,506)
            Gencor    Industries      Inc              Goldman    Sachs
        8,388                                               (1,258)
            Gencor    Industries      Inc              Morgan    Stanley
        10,604                                                (3,711)
            Generac    Holdings     Inc               Goldman    Sachs
        (4,869)                                                (1,711)
            Generac    Holdings     Inc               Bank   of  America    Merrill    Lynch
       126,123                                                15,135
            Generac    Holdings     Inc               Morgan    Stanley
        (2,150)                                                (4,085)
            General    Electric     Co               Bank   of  America    Merrill    Lynch
        8,395                                               (5,835)
            General    Electric     Co               Goldman    Sachs
        26,707                                               (18,561)
            General    Electric     Co               Morgan    Stanley
        15,393                                                (1,462)
            General    Motors    Co                Bank   of  America    Merrill    Lynch
        46,042                                                77,120
            Genesco    Inc                   Bank   of  America    Merrill    Lynch
       (37,720)                                                55,071
            Genesee    & Wyoming    Inc   ‘A’            Goldman    Sachs
        (7,835)                                               (20,449)
            Genesee    & Wyoming    Inc   ‘A’            Bank   of  America    Merrill    Lynch
       (74,101)                                               (193,404)
            Genesee    & Wyoming    Inc   ‘A’            Morgan    Stanley
       (31,356)                                               (122,288)
            Genie   Energy    Ltd   ‘B’              Bank   of  America    Merrill    Lynch
       (116,096)                                                 13,932
            Genie   Energy    Ltd   ‘B’              Morgan    Stanley
       (16,163)                                                 (970)
        19,842    Genomic    Health    Inc                Bank   of  America    Merrill    Lynch       (17,858)
            Genomic    Health    Inc                Goldman    Sachs
        23,806                                                13,631
            Genpact    Ltd                   Bank   of  America    Merrill    Lynch
       (62,895)                                                (55,348)
            Gentex    Corp                    Bank   of  America    Merrill    Lynch
       (82,525)                                                33,835
            Gentex    Corp                    Morgan    Stanley
       (35,724)                                                  357
            Gentherm     Inc                   Morgan    Stanley
       (54,043)                                                (81,065)
            Gentherm     Inc                   Bank   of  America    Merrill    Lynch
       (165,667)                                                (324,707)
            Genuine    Parts   Co                Bank   of  America    Merrill    Lynch
         (868)                                               (1,128)
            GEO  Group   Inc/The    (Reit)              Goldman    Sachs
        (3,315)                                                (3,083)
            GEO  Group   Inc/The    (Reit)              Morgan    Stanley
       (12,130)                                                (7,157)
            Geopark    Ltd                   Goldman    Sachs
        2,851                                               (6,358)
                                133/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Geopark    Ltd                   Morgan    Stanley
        8,292                                               (6,053)
            Gerdau    SA  ADR                  Goldman    Sachs
        3,935                                                (787)
            Gerdau    SA  ADR                  Morgan    Stanley
       504,362                                                (20,174)
            German    American     Bancorp    Inc           Bank   of  America    Merrill    Lynch
        (6,652)                                                1,863
            Geron   Corp                    Goldman    Sachs
       (223,940)                                                 10,077
            Geron   Corp                    Morgan    Stanley
       (10,039)                                                  50
            Getty   Realty    Corp   (Reit)              Bank   of  America    Merrill    Lynch
        9,307                                               20,475
            Getty   Realty    Corp   (Reit)              Goldman    Sachs
        7,913                                               13,925
            Getty   Realty    Corp   (Reit)              Morgan    Stanley
        6,797                                                6,797
            Gibraltar     Industries      Inc             Bank   of  America    Merrill    Lynch
       (10,304)                                                (8,243)
            Gilead    Sciences     Inc               Bank   of  America    Merrill    Lynch
        53,740                                                47,291
            Glacier    Bancorp    Inc               Goldman    Sachs
       (16,816)                                                (26,906)
            Glacier    Bancorp    Inc               Morgan    Stanley
       (30,310)                                                (30,007)
            Gladstone     Commercial      Corp   (Reit)          Bank   of  America    Merrill    Lynch
        33,681                                                (8,757)
            Gladstone     Commercial      Corp   (Reit)          Goldman    Sachs
        11,836                                                (3,077)
        7,647    Gladstone     Commercial      Corp   (Reit)          Morgan    Stanley                 1,071
            Gladstone     Land   Corp   (Reit)             Bank   of  America    Merrill    Lynch
        60,088                                                23,434
            Gladstone     Land   Corp   (Reit)             Morgan    Stanley
        20,431                                                6,742
            Gladstone     Land   Corp   (Reit)             Goldman    Sachs
        14,163                                                5,524
            Global    Blood   Therapeutics       Inc          Goldman    Sachs
        6,500                                               (35,750)
            Global    Brass   & Copper    Holdings     Inc        Bank   of  America    Merrill    Lynch
        44,460                                                36,457
            Global    Eagle   Entertainment       Inc          Goldman    Sachs
         (496)                                                (35)
            Global    Eagle   Entertainment       Inc          Morgan    Stanley
       (203,056)                                                 30,458
            Global    Indemnity     Ltd               Morgan    Stanley
       (17,279)                                                (7,430)
            Global    Medical    REIT   Inc             Bank   of  America    Merrill    Lynch
       (40,340)                                                (1,614)
            Global    Medical    REIT   Inc             Goldman    Sachs
         (700)                                                (28)
            Global    Payments     Inc               Goldman    Sachs
       (12,112)                                                (24,466)
            Global    Payments     Inc               Bank   of  America    Merrill    Lynch
       (64,355)                                               (129,997)
            Global    Payments     Inc               Morgan    Stanley
       (14,575)                                               (121,118)
            Global    Water   Resources     Inc            Bank   of  America    Merrill    Lynch
        24,534                                                (6,870)
            Global    Water   Resources     Inc            Goldman    Sachs
        7,295                                               (2,043)
            Global    Water   Resources     Inc            Morgan    Stanley
        8,624                                                 172
            Globant    SA                   Morgan    Stanley
        29,462                                               150,256
            Globus    Medical    Inc   ‘A’             Morgan    Stanley
        2,465                                               (9,687)
        39,275    Globus    Medical    Inc   ‘A’             Goldman    Sachs               (131,472)
            Globus    Medical    Inc   ‘A’             Bank   of  America    Merrill    Lynch
        19,125                                               (75,735)
            Glu  Mobile    Inc                  Bank   of  America    Merrill    Lynch
        7,270                                                (872)
            Glu  Mobile    Inc                  Goldman    Sachs
        7,587                                                (910)
            GMS  Inc                      Goldman    Sachs
        4,031                                                1,975
            GMS  Inc                      Morgan    Stanley
        1,557                                                1,183
            GNC  Holdings     Inc   ‘A’              Goldman    Sachs
        38,833                                               (10,873)
            GNC  Holdings     Inc   ‘A’              Bank   of  America    Merrill    Lynch
        24,066                                                (6,738)
            GoDaddy    Inc   ‘A’                 Bank   of  America    Merrill    Lynch
        52,825                                                64,975
            Gol  Linhas    Aereas    Inteligentes       SA  ADR      Goldman    Sachs
       (10,689)                                                 1,283
            Gol  Linhas    Aereas    Inteligentes       SA  ADR      Morgan    Stanley
       (17,402)                                                 9,571
                                134/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Golar   LNG  Ltd                  Goldman    Sachs
        25,518                                                16,076
            Golar   LNG  Ltd                  Bank   of  America    Merrill    Lynch
        67,293                                                42,395
            Golar   LNG  Ltd                  Morgan    Stanley
        70,393                                               205,844
            Gold   Resource     Corp                Bank   of  America    Merrill    Lynch
        50,221                                               (10,546)
            Gold   Resource     Corp                Goldman    Sachs
        25,600                                                (5,376)
            Gold   Resource     Corp                Morgan    Stanley
        23,155                                                (3,473)
            Golden    Entertainment       Inc             Bank   of  America    Merrill    Lynch
       (24,979)                                                (58,701)
            Golden    Entertainment       Inc             Goldman    Sachs
       (18,014)                                                (44,533)
            Goldman    Sachs   Group   Inc/The             Morgan    Stanley
        (1,379)                                                (1,241)
            Goodyear     Tire   & Rubber    Co/The            Bank   of  America    Merrill    Lynch
       (11,550)                                                (8,547)
            Goodyear     Tire   & Rubber    Co/The            Morgan    Stanley
        43,364                                                18,213
            Goosehead     Insurance     Inc   ‘A’           Morgan    Stanley
        (3,432)                                                (7,894)
            Gopro   Inc   ‘A’                  Goldman    Sachs
        20,416                                                 698
            GP  Strategies      Corp                Goldman    Sachs
       (29,072)                                                24,130
            GP  Strategies      Corp                Bank   of  America    Merrill    Lynch
       (158,214)                                                131,318
        (6,143)    Graco   Inc                    Goldman    Sachs                 (61)
            Graco   Inc                    Morgan    Stanley
       (17,700)                                                (9,027)
            Graco   Inc                    Bank   of  America    Merrill    Lynch
        45,244                                                 452
            Graco   Inc                    Goldman    Sachs
        1,170                                                 12
            GrafTech     International       Ltd            Morgan    Stanley
       (15,858)                                                (13,796)
            Graham    Corp                    Bank   of  America    Merrill    Lynch
        (4,196)                                                2,350
            Graham    Holdings     Co  ‘B’             Morgan    Stanley
          72                                               248
            Graham    Holdings     Co  ‘B’             Bank   of  America    Merrill    Lynch
         (314)                                               (6,346)
            Grand   Canyon    Education     Inc            Bank   of  America    Merrill    Lynch
       (13,674)                                                13,674
            Granite    Construction       Inc             Morgan    Stanley
        (9,996)                                                3,399
            Granite    Construction       Inc             Goldman    Sachs
       (17,030)                                                15,402
            Granite    Point   Mortgage     Trust   Inc  (Reit)       Bank   of  America    Merrill    Lynch
        97,269                                                56,416
            Granite    Point   Mortgage     Trust   Inc  (Reit)       Goldman    Sachs
        10,025                                                5,815
            Granite    Point   Mortgage     Trust   Inc  (Reit)       Morgan    Stanley
        2,749                                                 797
            Graphic    Packaging     Holding    Co          Bank   of  America    Merrill    Lynch
       (339,410)                                                (95,035)
            Gray   Television      Inc               Morgan    Stanley
        10,819                                                2,056
            Gray   Television      Inc               Bank   of  America    Merrill    Lynch
        1,571                                               (1,257)
            Gray   Television      Inc               Goldman    Sachs
        60,105                                               (45,081)
            Great   Lakes   Dredge    & Dock   Corp          Bank   of  America    Merrill    Lynch
       (394,204)                                                (70,957)
        2,538    Great   Southern     Bancorp    Inc            Bank   of  America    Merrill    Lynch        (533)
            Great   Western    Bancorp    Inc            Bank   of  America    Merrill    Lynch
       (135,213)                                                (93,297)
            Green   Brick   Partners     Inc             Bank   of  America    Merrill    Lynch
        34,274                                               (11,996)
            Green   Brick   Partners     Inc             Goldman    Sachs
        21,449                                                (7,507)
            Green   Dot  Corp   ‘A’               Bank   of  America    Merrill    Lynch
        80,259                                               (85,075)
            Green   Plains    Inc                 Bank   of  America    Merrill    Lynch
       (119,816)                                                176,130
            Greenbrier      Cos  Inc/The                Morgan    Stanley
        (1,285)                                                (4,189)
            Greenhill     & Co  Inc                Morgan    Stanley
       (15,645)                                                11,890
            Greenhill     & Co  Inc                Bank   of  America    Merrill    Lynch
       (51,665)                                                35,649
            Greenhill     & Co  Inc                Goldman    Sachs
        (1,208)                                                 834
            Greenlight      Capital    Re  Ltd   ‘A’          Bank   of  America    Merrill    Lynch
       145,732                                                (9,473)
                                135/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            GreenSky     Inc   ‘A’                Bank   of  America    Merrill    Lynch
        52,118                                               (24,495)
            GreenSky     Inc   ‘A’                Morgan    Stanley
        7,489                                                 674
            Greif   Inc   ‘A’                  Goldman    Sachs
        (2,971)                                                 683
            Greif   Inc   ‘A’                  Bank   of  America    Merrill    Lynch
       (27,991)                                                 6,438
            Greif   Inc   ‘A’                  Morgan    Stanley
       (23,007)                                                23,467
            Greif   Inc   ‘B’                  Bank   of  America    Merrill    Lynch
        (6,271)                                                5,644
            Griffin    Industrial      Realty    Inc          Bank   of  America    Merrill    Lynch
        (2,342)                                                 796
            Griffin    Industrial      Realty    Inc          Goldman    Sachs
        (6,214)                                                2,113
            Griffon    Corp                   Bank   of  America    Merrill    Lynch
        27,052                                                26,781
            Gritstone     Oncology     Inc              Morgan    Stanley
       (41,812)                                               (111,220)
            Group   1 Automotive      Inc              Bank   of  America    Merrill    Lynch
        (6,618)                                                4,169
            Group   1 Automotive      Inc              Morgan    Stanley
        25,826                                               (46,229)
            Group   1 Automotive      Inc              Goldman    Sachs
       (10,140)                                                10,897
            Groupon    Inc                   Goldman    Sachs
       (145,236)                                                (27,595)
            Groupon    Inc                   Bank   of  America    Merrill    Lynch
       (45,020)                                                (8,554)
       (260,426)      Groupon    Inc                   Morgan    Stanley                (18,230)
            GrubHub    Inc                   Bank   of  America    Merrill    Lynch
        5,860                                               (72,488)
            GrubHub    Inc                   Morgan    Stanley
        7,406                                               (4,221)
            Grupo   Aeroportuario       del  Centro    Norte   SAB  de
                                    Goldman    Sachs
        23,216                                               (35,192)
            CV  ADR
            Grupo   Aeroportuario       del  Centro    Norte   SAB  de
                                    Morgan    Stanley
        34,276                                                21,251
            CV  ADR
            Grupo   Aeroportuario       del  Sureste    SAB  de  CV
                                    Goldman    Sachs
        (3,909)                                                38,191
            ADR
            Grupo   Televisa     SAB  ADR              Goldman    Sachs
       (22,162)                                                 5,541
            Grupo   Televisa     SAB  ADR              Morgan    Stanley
       (122,625)                                                 26,978
            GSI  Technology      Inc                Goldman    Sachs
        3,019                                                (543)
            GTT  Communications        Inc              Bank   of  America    Merrill    Lynch
        (8,810)                                                (7,400)
            GTx  Inc                      Bank   of  America    Merrill    Lynch
       195,425                                                (9,771)
            GTx  Inc                      Goldman    Sachs
        55,165                                                (2,758)
            GTx  Inc                      Morgan    Stanley
        32,464                                                 (974)
            Guaranty     Bancshares      Inc/TX             Bank   of  America    Merrill    Lynch
       (26,413)                                                (13,894)
            Guaranty     Bancshares      Inc/TX             Morgan    Stanley
        (4,349)                                                 (609)
            Guess?    Inc                    Goldman    Sachs
       (26,652)                                                (42,643)
            Guess?    Inc                    Morgan    Stanley
       (62,518)                                               (136,289)
       (75,271)     Guess?    Inc                    Bank   of  America    Merrill    Lynch      (120,434)
            Guidewire     Software     Inc              Goldman    Sachs
        (2,925)                                               (16,974)
            Guidewire     Software     Inc              Bank   of  America    Merrill    Lynch
        (1,358)                                                (7,713)
            Guidewire     Software     Inc              Morgan    Stanley
       (15,189)                                               (122,879)
            Gulf   Island    Fabrication      Inc           Goldman    Sachs
       (32,922)                                                (1,646)
            Gulfport     Energy    Corp               Bank   of  America    Merrill    Lynch
       (124,890)                                                 79,930
            Gulfport     Energy    Corp               Goldman    Sachs
       (11,353)                                                 7,266
            H&E  Equipment     Services     Inc            Bank   of  America    Merrill    Lynch
        73,839                                               (31,012)
            H&E  Equipment     Services     Inc            Morgan    Stanley
        1,046                                                 533
            H&E  Equipment     Services     Inc            Goldman    Sachs
        14,863                                                (6,242)
            H&R  Block   Inc                  Goldman    Sachs
        13,326                                                (2,532)
                                136/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            H&R  Block   Inc                  Bank   of  America    Merrill    Lynch
        59,878                                               (11,377)
            H&R  Block   Inc                  Morgan    Stanley
        16,453                                                 494
            Hackett    Group   Inc/The                Bank   of  America    Merrill    Lynch
        25,237                                               (24,985)
            Haemonetics      Corp                 Bank   of  America    Merrill    Lynch
       (47,435)                                                25,615
            Haemonetics      Corp                 Morgan    Stanley
        7,296                                               40,785
            Hain   Celestial     Group   Inc/The             Morgan    Stanley
        (5,806)                                                11,206
            Hain   Celestial     Group   Inc/The             Goldman    Sachs
       (10,958)                                                17,875
            Halcon    Resources     Corp               Morgan    Stanley
       (154,787)                                                (23,218)
            Halcon    Resources     Corp               Bank   of  America    Merrill    Lynch
       (126,901)                                                 12,690
            Halliburton      Co                 Bank   of  America    Merrill    Lynch
        91,792                                               (130,345)
            Halliburton      Co                 Morgan    Stanley
        24,223                                                7,994
            Halliburton      Co                 Goldman    Sachs
        82,776                                               (117,542)
            Hallmark     Financial     Services     Inc         Bank   of  America    Merrill    Lynch
       121,040                                                48,416
            Hallmark     Financial     Services     Inc         Morgan    Stanley
        30,306                                                7,273
            Hamilton     Beach   Brands    Holding    Co  ‘A’      Bank   of  America    Merrill    Lynch
       (60,107)                                                42,075
       (35,737)     Hamilton     Lane   Inc   ‘A’              Morgan    Stanley                (8,398)
            Hamilton     Lane   Inc   ‘A’              Bank   of  America    Merrill    Lynch
       (103,895)                                                (46,233)
            Hancock    Whitney    Corp               Bank   of  America    Merrill    Lynch
       (223,036)                                                (84,754)
            Hanesbrands      Inc                 Morgan    Stanley
        (3,970)                                                (2,342)
            Hanesbrands      Inc                 Goldman    Sachs
       (102,775)                                                (23,638)
            Hanger    Inc                    Morgan    Stanley
        1,610                                                2,061
            Hanger    Inc                    Goldman    Sachs
        1,468                                                1,776
            Hannon    Armstrong     Sustainable      Infrastructure
                                    Goldman    Sachs
        (8,745)                                                3,544
            Capital    Inc  (Reit)
            Hanover    Insurance     Group   Inc/The           Goldman    Sachs
        11,843                                                32,984
            Hanover    Insurance     Group   Inc/The           Bank   of  America    Merrill    Lynch
        38,531                                               130,813
            Hanover    Insurance     Group   Inc/The           Morgan    Stanley
        39,620                                               144,760
            HarborOne     Bancorp    Inc              Goldman    Sachs
        (2,066)                                                 496
            Harley-Davidson        Inc               Goldman    Sachs
        (1,106)                                                (1,261)
            Harley-Davidson        Inc               Morgan    Stanley
       (21,504)                                                (56,556)
            Harris    Corp                    Bank   of  America    Merrill    Lynch
        3,244                                               (29,293)
            Harris    Corp                    Morgan    Stanley
        3,364                                               (10,664)
       (13,492)     Harsco    Corp                    Goldman    Sachs                6,746
            Harsco    Corp                    Bank   of  America    Merrill    Lynch
       (18,709)                                                 9,355
            Harsco    Corp                    Morgan    Stanley
        (6,834)                                               (10,524)
            Hartford     Financial     Services     Group   Inc/The      Bank   of  America    Merrill    Lynch
       117,811                                                15,315
            Harvard    Bioscience      Inc              Bank   of  America    Merrill    Lynch
        68,479                                                13,696
            Hasbro    Inc                    Morgan    Stanley
       (45,966)                                                 8,274
            Hasbro    Inc                    Bank   of  America    Merrill    Lynch
       (39,509)                                                67,560
            Haverty    Furniture     Cos  Inc            Goldman    Sachs
       (26,256)                                                20,217
       (101,253)      Haverty    Furniture     Cos  Inc            Bank   of  America    Merrill    Lynch       77,965
            Hawaiian     Electric     Industries      Inc         Bank   of  America    Merrill    Lynch
       (355,268)                                                (152,765)
            Hawaiian     Electric     Industries      Inc         Morgan    Stanley
       (38,754)                                                (24,415)
            Hawkins    Inc                   Goldman    Sachs
        1,591                                                2,450
            Hawkins    Inc                   Morgan    Stanley
        1,308                                                1,818
            Haynes    International       Inc             Bank   of  America    Merrill    Lynch
       (65,154)                                                (78,185)
                                137/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            HB  Fuller    Co                  Goldman    Sachs
        (8,737)                                                (8,300)
            HB  Fuller    Co                  Morgan    Stanley
       (80,967)                                               (102,828)
            HCA  Healthcare      Inc                Morgan    Stanley
        (2,446)                                               (23,310)
            HCA  Healthcare      Inc                Goldman    Sachs
        (1,106)                                                (7,432)
            HCI  Group   Inc                  Goldman    Sachs
        (2,392)                                                (1,100)
            HCI  Group   Inc                  Bank   of  America    Merrill    Lynch
        (1,337)                                                 (615)
            HCP  Inc  (Reit)                   Morgan    Stanley
       (35,049)                                                (7,010)
            HCP  Inc  (Reit)                   Bank   of  America    Merrill    Lynch
       (29,033)                                                (15,968)
            HD  Supply    Holdings     Inc              Bank   of  America    Merrill    Lynch
        21,260                                                21,260
            Health    Insurance     Innovations      Inc   ‘A’      Goldman    Sachs
       (28,214)                                                93,106
            Health    Insurance     Innovations      Inc   ‘A’      Morgan    Stanley
       (13,793)                                                (27,448)
            Healthcare      Realty    Trust   Inc  (Reit)         Goldman    Sachs
        (9,290)                                               (20,903)
            Healthcare      Realty    Trust   Inc  (Reit)         Morgan    Stanley
       (63,825)                                                (56,804)
            Healthcare      Realty    Trust   Inc  (Reit)         Bank   of  America    Merrill    Lynch
       (327,286)                                                (736,394)
            Healthcare      Services     Group   Inc          Bank   of  America    Merrill    Lynch
       (29,369)                                                (96,624)
       (76,106)     Healthcare      Services     Group   Inc          Morgan    Stanley               (133,947)
            Healthcare      Services     Group   Inc          Goldman    Sachs
       (143,467)                                                (470,110)
            Healthcare      Trust   of  America    Inc  (Reit)    ‘A’   Bank   of  America    Merrill    Lynch
       105,390                                                191,283
            HealthEquity       Inc                 Bank   of  America    Merrill    Lynch
       (19,737)                                                (75,790)
            HealthStream       Inc                 Bank   of  America    Merrill    Lynch
        24,308                                                (1,215)
            Heartland     Express    Inc              Goldman    Sachs
       (33,689)                                                (23,919)
            Heartland     Express    Inc              Bank   of  America    Merrill    Lynch
       (107,141)                                                (76,070)
            Heartland     Express    Inc              Morgan    Stanley
       (55,130)                                                (56,784)
            Heartland     Financial     USA  Inc           Bank   of  America    Merrill    Lynch
        (4,319)                                                1,166
            Hecla   Mining    Co                 Bank   of  America    Merrill    Lynch
        10,939                                                (1,313)
            Hecla   Mining    Co                 Goldman    Sachs
        17,600                                                 (544)
            Hecla   Mining    Co                 Morgan    Stanley
       246,489                                                (39,438)
            HEICO   Corp                    Goldman    Sachs
        34,218                                                (3,244)
            HEICO   Corp                    Morgan    Stanley
        43,598                                                90,684
            HEICO   Corp   ‘A’                 Goldman    Sachs
        4,529                                                1,993
            HEICO   Corp   ‘A’                 Bank   of  America    Merrill    Lynch
        81,285                                                35,765
            HEICO   Corp   ‘A’                 Morgan    Stanley
        1,369                                                3,327
            Heidrick     & Struggles     International       Inc      Bank   of  America    Merrill    Lynch
        1,795                                                (323)
            Heidrick     & Struggles     International       Inc      Goldman    Sachs
        2,141                                                (385)
        10,923    Helen   of  Troy   Ltd                Goldman    Sachs                66,112
            Helen   of  Troy   Ltd                Bank   of  America    Merrill    Lynch
        30,418                                               216,272
            Helen   of  Troy   Ltd                Morgan    Stanley
        10,209                                                33,486
            Helmerich     & Payne   Inc              Goldman    Sachs
        2,400                                               (1,824)
            Helmerich     & Payne   Inc              Goldman    Sachs
        (5,957)                                                10,158
            Helmerich     & Payne   Inc              Morgan    Stanley
        2,796                                                1,426
            Hemisphere      Media   Group   Inc            Bank   of  America    Merrill    Lynch
        (5,864)                                                 (293)
            Hennessy     Advisors     Inc              Morgan    Stanley
        1,336                                                (641)
            Hennessy     Advisors     Inc              Bank   of  America    Merrill    Lynch
        24,078                                               (15,169)
            Henry   Schein    Inc                 Goldman    Sachs
        1,400                                                7,375
            Henry   Schein    Inc                 Morgan    Stanley
        5,582                                               32,522
                                138/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Henry   Schein    Inc                 Bank   of  America    Merrill    Lynch
       (25,918)                                               (110,670)
            Herbalife     Nutrition     Ltd             Goldman    Sachs
        16,479                                                44,658
            Herbalife     Nutrition     Ltd             Morgan    Stanley
        (3,205)                                                (9,903)
            Herc   Holdings     Inc                Morgan    Stanley
        25,066                                                15,541
            Herc   Holdings     Inc                Goldman    Sachs
        46,210                                               (94,173)
            Heritage     Commerce     Corp              Bank   of  America    Merrill    Lynch
        63,887                                                  －
            Heritage     Commerce     Corp              Morgan    Stanley
       232,174                                                44,113
            Heritage     Commerce     Corp              Goldman    Sachs
        45,204                                                  －
            Heritage     Insurance     Holdings              Goldman    Sachs
        10,462                                                 196
            Herman    Miller    Inc                Goldman    Sachs
        (9,257)                                                7,498
            Herman    Miller    Inc                Bank   of  America    Merrill    Lynch
       (128,882)                                                104,394
            Herman    Miller    Inc                Morgan    Stanley
       (11,668)                                                (6,301)
            Hersha    Hospitality      Trust   (Reit)           Goldman    Sachs
        4,465                                                2,773
            Hershey    Co/The                   Goldman    Sachs
        9,493                                               (1,709)
            Hershey    Co/The                   Morgan    Stanley
        8,551                                               17,273
        61,755    Hershey    Co/The                   Bank   of  America    Merrill    Lynch       (11,116)
            Hertz   Global    Holdings     Inc            Morgan    Stanley
       (26,021)                                                (11,189)
            Heska   Corp                    Bank   of  America    Merrill    Lynch
       (11,043)                                                (37,877)
            Heska   Corp                    Goldman    Sachs
         (262)                                                (899)
            Hess   Corp                     Bank   of  America    Merrill    Lynch
       (61,924)                                                242,742
            Hewlett    Packard    Enterprise      Co          Goldman    Sachs
        27,584                                                (8,679)
            Hewlett    Packard    Enterprise      Co          Bank   of  America    Merrill    Lynch
       110,268                                                (47,415)
            Hexcel    Corp                    Goldman    Sachs
        (4,071)                                                (6,875)
            HFF  Inc   ‘A’                   Morgan    Stanley
        2,380                                                5,617
            HFF  Inc   ‘A’                   Bank   of  America    Merrill    Lynch
        5,124                                               11,068
            HFF  Inc   ‘A’                   Goldman    Sachs
        22,560                                                48,730
            Hibbett    Sports    Inc                Bank   of  America    Merrill    Lynch
        41,013                                               (131,037)
            Highwoods     Properties      Inc  (Reit)           Bank   of  America    Merrill    Lynch
       129,790                                               (106,428)
            Hill   International       Inc              Bank   of  America    Merrill    Lynch
       (171,759)                                                 (1,718)
            Hill   International       Inc              Morgan    Stanley
       (41,500)                                                (3,320)
            Hill   International       Inc              Goldman    Sachs
       (12,069)                                                (2,192)
            Hill-Rom     Holdings     Inc              Goldman    Sachs
        (2,036)                                               (10,231)
            Hill-Rom     Holdings     Inc              Morgan    Stanley
        (1,181)                                                (4,712)
            Hill-Rom     Holdings     Inc              Bank   of  America    Merrill    Lynch
        30,524                                               143,158
        (6,304)    Hillenbrand      Inc                 Goldman    Sachs                24,901
            Hillenbrand      Inc                 Morgan    Stanley
       (29,428)                                                 3,826
            Hillenbrand      Inc                 Bank   of  America    Merrill    Lynch
       (23,889)                                                94,362
            Hilton    Grand   Vacations     Inc            Goldman    Sachs
       (15,666)                                                (33,946)
            Hilton    Grand   Vacations     Inc            Morgan    Stanley
       (42,703)                                                (71,741)
            Hilton    Worldwide     Holdings     Inc          Goldman    Sachs
       (13,618)                                                (36,769)
            Hilton    Worldwide     Holdings     Inc          Morgan    Stanley
       (30,643)                                                (75,688)
            HMS  Holdings     Corp                 Goldman    Sachs
        8,314                                               (6,734)
            HMS  Holdings     Corp                 Morgan    Stanley
        13,146                                                 (920)
            HollyFrontier       Corp                Goldman    Sachs
       (17,239)                                                32,237
            HollyFrontier       Corp                Bank   of  America    Merrill    Lynch
       (39,031)                                                72,988
                                139/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            HollyFrontier       Corp                Morgan    Stanley
       (12,301)                                                (49,819)
            Hollysys     Automation      Technologies       Ltd       Goldman    Sachs
        10,210                                                (9,087)
            Hollysys     Automation      Technologies       Ltd       Morgan    Stanley
        6,974                                                5,091
            Hologic    Inc                   Goldman    Sachs
        (2,033)                                                (6,363)
            Hologic    Inc                   Bank   of  America    Merrill    Lynch
       (38,702)                                               (125,394)
            Home   Bancorp    Inc                 Goldman    Sachs
       (10,403)                                                 9,675
            Home   BancShares      Inc/AR               Bank   of  America    Merrill    Lynch
       195,796                                                (72,445)
            Home   BancShares      Inc/AR               Goldman    Sachs
       112,311                                                (33,204)
            HomeStreet      Inc                  Bank   of  America    Merrill    Lynch
       (44,115)                                                (1,323)
            Honeywell     International       Inc           Goldman    Sachs
       (10,708)                                                (16,374)
            Hooker    Furniture     Corp               Goldman    Sachs
        1,987                                                (497)
            Hope   Bancorp    Inc                 Bank   of  America    Merrill    Lynch
       (26,005)                                                (7,021)
            Horizon    Global    Corp                Bank   of  America    Merrill    Lynch
       (155,024)                                                (41,856)
            Horizon    Global    Corp                Morgan    Stanley
       (36,780)                                                (5,885)
            Horizon    Pharma    Plc                Morgan    Stanley
        (2,765)                                                2,406
       204,735     Hormel    Foods   Corp                 Morgan    Stanley                (47,089)
            Hormel    Foods   Corp                 Bank   of  America    Merrill    Lynch
        39,432                                                 (789)
            Hormel    Foods   Corp                 Goldman    Sachs
        71,142                                                (1,423)
            Hortonworks      Inc                 Bank   of  America    Merrill    Lynch
        44,917                                                21,111
            Hortonworks      Inc                 Goldman    Sachs
        10,794                                                5,073
            Hospitality      Properties      Trust   (Reit)         Goldman    Sachs
        (4,524)                                                 (271)
            Hospitality      Properties      Trust   (Reit)         Bank   of  America    Merrill    Lynch
       (32,477)                                                (1,949)
            Hospitality      Properties      Trust   (Reit)         Morgan    Stanley
       (11,857)                                                (5,691)
            Host   Hotels    & Resorts    Inc  (Reit)          Goldman    Sachs
       (61,112)                                                 7,092
            Host   Hotels    & Resorts    Inc  (Reit)          Bank   of  America    Merrill    Lynch
       172,215                                                (10,333)
            Host   Hotels    & Resorts    Inc  (Reit)          Morgan    Stanley
       (67,606)                                                (4,056)
            Houghton     Mifflin    Harcourt     Co          Goldman    Sachs
        10,679                                                4,788
            Houlihan     Lokey   Inc                Morgan    Stanley
       (25,287)                                                (33,632)
            Hovnanian     Enterprises      Inc   ‘A’          Bank   of  America    Merrill    Lynch
       (777,150)                                                (38,858)
            Hovnanian     Enterprises      Inc   ‘A’          Goldman    Sachs
       (17,905)                                                 (895)
            Howard    Bancorp    Inc                Bank   of  America    Merrill    Lynch
       (78,029)                                                10,924
            Howard    Hughes    Corp/The                Morgan    Stanley
       (38,478)                                               (171,227)
            HP  Inc                      Morgan    Stanley
       245,473                                                51,549
            HP  Inc                      Goldman    Sachs
       126,712                                               (183,732)
        44,979    HP  Inc                      Bank   of  America    Merrill    Lynch       (65,220)
            Hub  Group   Inc   ‘A’                Goldman    Sachs
        2,048                                                4,004
            Hub  Group   Inc   ‘A’                Bank   of  America    Merrill    Lynch
        9,229                                               (14,213)
            Hub  Group   Inc   ‘A’                Morgan    Stanley
        2,384                                                1,279
            Hubbell    Inc                   Goldman    Sachs
        21,456                                                9,226
            Hubbell    Inc                   Bank   of  America    Merrill    Lynch
        24,455                                                10,516
            Hubbell    Inc                   Morgan    Stanley
        32,726                                                49,089
            HubSpot    Inc                   Bank   of  America    Merrill    Lynch
        1,161                                                1,904
            HubSpot    Inc                   Goldman    Sachs
        (4,095)                                               (56,842)
            Hudson    Ltd   ‘A’                 Bank   of  America    Merrill    Lynch
        37,043                                                14,076
            Hudson    Ltd   ‘A’                 Goldman    Sachs
        7,503                                                2,851
                                140/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Hudson    Ltd   ‘A’                 Morgan    Stanley
        17,537                                                7,190
            Hudson    Pacific    Properties      Inc  (Reit)        Goldman    Sachs
        (1,617)                                                (2,095)
            Hudson    Pacific    Properties      Inc  (Reit)        Bank   of  America    Merrill    Lynch
       (51,066)                                                (27,576)
            Humana    Inc                    Goldman    Sachs
        (2,615)                                               (33,524)
            Humana    Inc                    Bank   of  America    Merrill    Lynch
        8,815                                               113,008
            Humana    Inc                    Morgan    Stanley
        (3,203)                                               (79,787)
            Huntington      Bancshares      Inc/OH            Goldman    Sachs
        7,243                                               (1,666)
            Huntington      Ingalls    Industries      Inc        Goldman    Sachs
        2,728                                                9,275
            Huntington      Ingalls    Industries      Inc        Bank   of  America    Merrill    Lynch
        (9,313)                                                (3,073)
            Huntington      Ingalls    Industries      Inc        Morgan    Stanley
        7,702                                               29,884
            Huntsman     Corp                   Bank   of  America    Merrill    Lynch
       114,950                                               (178,173)
            Hurco   Cos  Inc                  Bank   of  America    Merrill    Lynch
        8,375                                               (16,499)
            Hurco   Cos  Inc                  Goldman    Sachs
        5,540                                               (10,914)
            Hurco   Cos  Inc                  Morgan    Stanley
        4,676                                                (140)
            Huron   Consulting      Group   Inc            Bank   of  America    Merrill    Lynch
         598                                                472
         995   Huron   Consulting      Group   Inc            Morgan    Stanley                 1,701
            Huttig    Building     Products     Inc           Goldman    Sachs
       (19,653)                                                 2,948
            Huttig    Building     Products     Inc           Morgan    Stanley
       (227,574)                                                 29,585
            Huttig    Building     Products     Inc           Bank   of  America    Merrill    Lynch
        (5,455)                                                 818
            Hyatt   Hotels    Corp   ‘A’              Goldman    Sachs
       (32,171)                                                (52,384)
            Hyatt   Hotels    Corp   ‘A’              Bank   of  America    Merrill    Lynch
       (51,239)                                                (72,759)
            Hyatt   Hotels    Corp   ‘A’              Morgan    Stanley
       (12,173)                                                (23,250)
            Hyster    Yale   Materials                 Bank   of  America    Merrill    Lynch
        (2,234)                                                (2,837)
            Hyster    Yale   Materials                 Goldman    Sachs
        (2,624)                                                (2,518)
            I3  Verticals     Inc   ‘A’              Morgan    Stanley
        5,796                                               11,302
            I3  Verticals     Inc   ‘A’              Bank   of  America    Merrill    Lynch
        29,809                                                44,415
            I3  Verticals     Inc   ‘A’              Goldman    Sachs
        36,404                                                54,242
                                    Bank   of  America    Merrill    Lynch
        (5,829)    IAC/InterActiveCorp                                           37,597
            IBERIABANK      Corp                  Bank   of  America    Merrill    Lynch
        (6,571)                                                (7,622)
            IBERIABANK      Corp                  Bank   of  America    Merrill    Lynch
        1,507                                                1,748
            IBERIABANK      Corp                  Goldman    Sachs
         509                                                590
            IBERIABANK      Corp                  Goldman    Sachs
        (4,236)                                                (3,166)
            ICF  International       Inc              Bank   of  America    Merrill    Lynch
        30,488                                               (46,647)
            ICF  International       Inc              Goldman    Sachs
        7,192                                               (11,004)
        7,720    ICF  International       Inc              Morgan    Stanley                11,966
            Ichor   Holdings     Ltd                Morgan    Stanley
       (44,311)                                                (54,503)
            Ichor   Holdings     Ltd                Goldman    Sachs
       (73,068)                                                (81,836)
            ICU  Medical    Inc                 Goldman    Sachs
        (1,243)                                                (3,941)
            ICU  Medical    Inc                 Bank   of  America    Merrill    Lynch
         (286)                                                832
            ICU  Medical    Inc                 Morgan    Stanley
         (919)                                               (7,251)
            IDACORP    Inc                   Bank   of  America    Merrill    Lynch
       200,103                                               (280,144)
            IDACORP    Inc                   Morgan    Stanley
        33,525                                               (45,929)
            Idera   Pharmaceuticals        Inc            Bank   of  America    Merrill    Lynch
         (901)                                                847
            Idera   Pharmaceuticals        Inc            Morgan    Stanley
       (15,095)                                                11,623
            IDEX   Corp                     Bank   of  America    Merrill    Lynch
        11,148                                               (10,925)
                                141/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            IDEX   Corp                     Goldman    Sachs
         366                                               (359)
            IDEXX   Laboratories       Inc              Goldman    Sachs
        6,171                                                7,161
            IDEXX   Laboratories       Inc              Bank   of  America    Merrill    Lynch
        18,179                                                17,452
            IDEXX   Laboratories       Inc              Morgan    Stanley
        1,045                                                9,280
            IDT  Corp   ‘B’                  Bank   of  America    Merrill    Lynch
        7,572                                               (1,590)
            IDT  Corp   ‘B’                  Goldman    Sachs
        20,595                                                (9,554)
            IES  Holdings     Inc                 Bank   of  America    Merrill    Lynch
       (113,536)                                                (18,166)
            IHS  Markit    Ltd                  Goldman    Sachs
       (15,550)                                                (10,574)
            IHS  Markit    Ltd                  Morgan    Stanley
       (81,042)                                               (245,557)
            II-VI   Inc                    Bank   of  America    Merrill    Lynch
       (64,641)                                                91,144
            II-VI   Inc                    Morgan    Stanley
       (14,828)                                                (18,535)
            Illinois     Tool   Works   Inc             Morgan    Stanley
        (9,003)                                               (21,697)
            Illinois     Tool   Works   Inc             Bank   of  America    Merrill    Lynch
        42,136                                                58,569
            Illumina     Inc                   Bank   of  America    Merrill    Lynch
        (4,472)                                               (60,685)
            Immersion     Corp                  Morgan    Stanley
       (18,935)                                                  947
        49,564    Immune    Design    Corp                Goldman    Sachs                3,469
            Immune    Design    Corp                Bank   of  America    Merrill    Lynch
        29,887                                                2,092
            Immune    Design    Corp                Morgan    Stanley
        75,057                                                6,005
            Immunomedics       Inc                 Goldman    Sachs
       (111,448)                                                (50,152)
            Impac   Mortgage     Holdings     Inc           Morgan    Stanley
        (7,972)                                                2,790
            Imperva    Inc                   Bank   of  America    Merrill    Lynch
       (74,556)                                                39,515
            Imperva    Inc                   Morgan    Stanley
        (4,997)                                                2,199
            Incyte    Corp                    Bank   of  America    Merrill    Lynch
        18,403                                               (17,115)
            Independence       Contract     Drilling     Inc        Bank   of  America    Merrill    Lynch
       105,500                                                (33,760)
            Independence       Contract     Drilling     Inc        Goldman    Sachs
        44,662                                               (14,292)
            Independence       Contract     Drilling     Inc        Morgan    Stanley
        64,562                                                  －
            Independence       Holding    Co             Bank   of  America    Merrill    Lynch
       (26,667)                                                (27,734)
            Independence       Holding    Co             Morgan    Stanley
       (14,176)                                                (16,302)
            Independence       Realty    Trust   Inc  (Reit)        Bank   of  America    Merrill    Lynch
        (5,477)                                                 (712)
            Independent      Bank   Corp/MI               Bank   of  America    Merrill    Lynch
       247,973                                                (49,595)
            Independent      Bank   Corp/MI               Goldman    Sachs
        24,648                                                (4,930)
            Independent      Bank   Corp/MI               Morgan    Stanley
        22,935                                                  －
            Independent      Bank   Corp/Rockland       MA        Morgan    Stanley
        (7,899)                                                (4,660)
            Independent      Bank   Corp/Rockland       MA        Bank   of  America    Merrill    Lynch
       (112,373)                                                (44,949)
        (7,632)    Independent      Bank   Group   Inc            Goldman    Sachs                3,282
            Independent      Bank   Group   Inc            Bank   of  America    Merrill    Lynch
        (7,683)                                                3,304
            Independent      Bank   Group   Inc            Morgan    Stanley
       (30,045)                                                (62,494)
            Infinera     Corp                   Bank   of  America    Merrill    Lynch
       642,983                                               (475,807)
            Infinera     Corp                   Morgan    Stanley
       105,153                                                (23,134)
            Information      Services     Group   Inc          Bank   of  America    Merrill    Lynch
       (30,176)                                                (2,414)
            Infrastructure        and  Energy    Alternatives       Inc   Bank   of  America    Merrill    Lynch
        23,501                                                13,396
            Infrastructure        and  Energy    Alternatives       Inc   Goldman    Sachs
        23,744                                                13,534
            Infrastructure        and  Energy    Alternatives       Inc   Morgan    Stanley
        13,337                                                9,069
            Ingersoll-Rand        Plc                Bank   of  America    Merrill    Lynch
        46,431                                                (3,714)
            Ingersoll-Rand        Plc                Morgan    Stanley
        22,246                                                38,041
                                142/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Ingevity     Corp                   Morgan    Stanley
       (24,037)                                                (62,015)
            Ingevity     Corp                   Bank   of  America    Merrill    Lynch
       (56,093)                                                 8,414
            Ingles    Markets    Inc   ‘A’             Bank   of  America    Merrill    Lynch
        43,390                                               (76,366)
            Ingredion     Inc                  Morgan    Stanley
       (10,668)                                                (24,963)
            Ingredion     Inc                  Goldman    Sachs
       (26,618)                                               (149,061)
            Ingredion     Inc                  Bank   of  America    Merrill    Lynch
       (20,471)                                               (114,638)
            InnerWorkings       Inc                Bank   of  America    Merrill    Lynch
       (115,480)                                                 57,740
            Innophos     Holdings     Inc              Bank   of  America    Merrill    Lynch
        12,374                                               (19,922)
            Innophos     Holdings     Inc              Morgan    Stanley
        2,121                                                 255
            Innophos     Holdings     Inc              Goldman    Sachs
        14,934                                               (23,278)
            Innospec     Inc                   Bank   of  America    Merrill    Lynch
        87,622                                               (223,436)
            Innospec     Inc                   Goldman    Sachs
        6,882                                               (17,549)
            Innospec     Inc                   Morgan    Stanley
        5,511                                                4,409
            Innoviva     Inc                   Bank   of  America    Merrill    Lynch
       101,669                                                158,604
            Innoviva     Inc                   Goldman    Sachs
        13,387                                                19,583
        (5,744)    Inogen    Inc                    Goldman    Sachs               (33,741)
            Inovalon     Holdings     Inc   ‘A’            Bank   of  America    Merrill    Lynch
       (23,140)                                                (41,652)
            Inphi   Corp                    Bank   of  America    Merrill    Lynch
        24,100                                                47,718
            Inphi   Corp                    Morgan    Stanley
        1,185                                                1,706
            Inphi   Corp                    Goldman    Sachs
        10,556                                                20,901
            Inphi   Corp                    Morgan    Stanley
        (2,362)                                                (3,401)
            Inseego    Corp                   Bank   of  America    Merrill    Lynch
       (23,935)                                                 (718)
            Inseego    Corp                   Morgan    Stanley
       (59,663)                                                (14,916)
            Insmed    Inc                    Bank   of  America    Merrill    Lynch
       (57,983)                                                (29,571)
            Insperity     Inc                  Bank   of  America    Merrill    Lynch
        59,374                                               (401,368)
            Insperity     Inc                  Morgan    Stanley
        13,935                                                46,125
            Insperity     Inc                  Goldman    Sachs
        28,001                                               (180,785)
            Inspire    Medical    Systems    Inc           Morgan    Stanley
        (5,895)                                                (8,843)
            Installed     Building     Products     Inc         Bank   of  America    Merrill    Lynch
       (138,355)                                                (644,734)
            Insteel    Industries      Inc              Bank   of  America    Merrill    Lynch
        6,062                                               (4,789)
            Insteel    Industries      Inc              Goldman    Sachs
        3,234                                               (2,555)
            Insteel    Industries      Inc              Morgan    Stanley
        3,309                                                2,018
            Insulet    Corp                   Goldman    Sachs
        10,189                                                25,880
            Insulet    Corp                   Morgan    Stanley
        7,130                                               49,554
        (7,268)    Insulet    Corp                   Bank   of  America    Merrill    Lynch       (18,461)
            Integer    Holdings     Corp               Bank   of  America    Merrill    Lynch
        18,348                                                54,310
            Integer    Holdings     Corp               Morgan    Stanley
        1,390                                                6,158
            Integer    Holdings     Corp               Goldman    Sachs
        6,228                                               18,435
            Integra    LifeSciences       Holdings     Corp        Bank   of  America    Merrill    Lynch
       (35,582)                                                15,300
            Intel   Corp                    Goldman    Sachs
         996                                               (169)
            Intel   Corp                    Bank   of  America    Merrill    Lynch
        19,275                                                (3,277)
            Intel   Corp                    Morgan    Stanley
        2,889                                                4,045
            Intelsat     SA                   Morgan    Stanley
       (36,087)                                                (34,244)
            Intelsat     SA                   Goldman    Sachs
        (6,551)                                                (2,031)
            Inter   Parfums    Inc                Bank   of  America    Merrill    Lynch
        9,035                                                5,963
                                143/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Interactive      Brokers    Group   Inc   ‘A’        Goldman    Sachs
        (7,339)                                               (12,623)
            Interactive      Brokers    Group   Inc   ‘A’        Morgan    Stanley
       (34,442)                                               (142,245)
            Intercept     Pharmaceuticals        Inc          Bank   of  America    Merrill    Lynch
        (3,764)                                               (38,092)
            Intercontinental         Exchange     Inc          Goldman    Sachs
        4,165                                                4,748
            Intercontinental         Exchange     Inc          Morgan    Stanley
        3,697                                                8,910
            InterDigital       Inc                 Bank   of  America    Merrill    Lynch
       (65,827)                                                175,100
            Internap     Corp                   Bank   of  America    Merrill    Lynch
       (10,031)                                                 4,614
            International       Bancshares      Corp           Bank   of  America    Merrill    Lynch
       214,563                                               (306,825)
            International       Bancshares      Corp           Morgan    Stanley
        3,504                                                (175)
            International       Business     Machines     Corp       Goldman    Sachs
        (9,141)                                               (27,172)
            International       Flavors    & Fragrances      Inc      Goldman    Sachs
        (1,346)                                                (1,942)
            International       Flavors    & Fragrances      Inc      Morgan    Stanley
        (1,257)                                                (1,936)
            International       Game   Technology      Plc        Bank   of  America    Merrill    Lynch
        36,696                                                39,632
            International       Game   Technology      Plc        Goldman    Sachs
        20,580                                                22,226
            International       Seaways    Inc            Goldman    Sachs
       (147,613)                                                (202,230)
        20,672    International       Speedway     Corp   ‘A’         Bank   of  America    Merrill    Lynch       (6,822)
            International       Speedway     Corp   ‘A’         Goldman    Sachs
        10,516                                                (3,470)
            Interpublic      Group   of  Cos  Inc/The           Goldman    Sachs
        16,645                                                1,332
            Interpublic      Group   of  Cos  Inc/The           Bank   of  America    Merrill    Lynch
        42,234                                                3,379
            Interpublic      Group   of  Cos  Inc/The           Morgan    Stanley
        24,909                                                32,133
            Intersect     ENT  Inc                Bank   of  America    Merrill    Lynch
        31,741                                               (22,536)
            Intersect     ENT  Inc                Goldman    Sachs
        14,517                                               (10,307)
            InterXion     Holding    NV              Goldman    Sachs
        13,188                                               (18,991)
            InterXion     Holding    NV              Morgan    Stanley
        7,837                                               11,520
            INTL.   FCStone    Inc                Goldman    Sachs
         (783)                                               5,191
            INTL.   FCStone    Inc                Bank   of  America    Merrill    Lynch
       (61,936)                                                410,636
            Intrepid     Potash    Inc               Bank   of  America    Merrill    Lynch
       284,781                                               (165,173)
            Intrepid     Potash    Inc               Goldman    Sachs
        49,272                                               (28,578)
            Intrepid     Potash    Inc               Morgan    Stanley
        93,818                                                (7,505)
            Intrexon     Corp                   Bank   of  America    Merrill    Lynch
        (5,078)                                                2,844
            Intrexon     Corp                   Morgan    Stanley
       (24,045)                                                 5,771
            IntriCon     Corp                   Bank   of  America    Merrill    Lynch
       (10,290)                                                (6,483)
            IntriCon     Corp                   Goldman    Sachs
       (25,510)                                                (16,071)
            Intuitive     Surgical     Inc              Morgan    Stanley
         710                                              21,265
        1,984    Intuitive     Surgical     Inc              Goldman    Sachs                36,924
            Invacare     Corp                   Bank   of  America    Merrill    Lynch
       (251,361)                                                118,003
            Invesco    Ltd                   Bank   of  America    Merrill    Lynch
       125,948                                                17,633
            Invesco    Mortgage     Capital    Inc  (Reit)         Bank   of  America    Merrill    Lynch
       161,923                                                87,438
            Invesco    Mortgage     Capital    Inc  (Reit)         Goldman    Sachs
        3,515                                                2,249
            Investors     Bancorp    Inc              Bank   of  America    Merrill    Lynch
        24,989                                                  －
            Investors     Bancorp    Inc              Morgan    Stanley
       646,625                                                 6,466
            Investors     Bancorp    Inc              Bank   of  America    Merrill    Lynch
       (218,669)                                                   －
            Investors     Bancorp    Inc              Goldman    Sachs
       124,556                                                  －
            Investors     Real   Estate    Trust   (Reit)         Bank   of  America    Merrill    Lynch
       (745,496)                                                 96,914
            Investors     Real   Estate    Trust   (Reit)         Goldman    Sachs
       (378,516)                                                 49,207
                                144/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Invitae    Corp                   Bank   of  America    Merrill    Lynch
        64,863                                                61,620
            Invitae    Corp                   Goldman    Sachs
        38,315                                                39,421
            ION  Geophysical      Corp               Goldman    Sachs
       (14,182)                                                 6,807
            ION  Geophysical      Corp               Morgan    Stanley
       (12,951)                                                12,044
            Iovance    Biotherapeutics        Inc           Bank   of  America    Merrill    Lynch
       (12,257)                                                 4,106
            IPG  Photonics     Corp                Goldman    Sachs
         (338)                                                 31
            IPG  Photonics     Corp                Bank   of  America    Merrill    Lynch
       (14,435)                                                (29,592)
            IPG  Photonics     Corp                Morgan    Stanley
       (11,199)                                                (34,269)
            IQVIA   Holdings     Inc                Goldman    Sachs
        (1,088)                                                (4,842)
            IQVIA   Holdings     Inc                Morgan    Stanley
       (29,949)                                               (175,202)
            IQVIA   Holdings     Inc                Bank   of  America    Merrill    Lynch
       (12,006)                                                (53,427)
            iRadimed     Corp                   Bank   of  America    Merrill    Lynch
        14,338                                                3,585
            iRadimed     Corp                   Goldman    Sachs
        7,916                                                1,979
            iRadimed     Corp                   Morgan    Stanley
        1,545                                               (1,700)
            iRhythm    Technologies       Inc             Goldman    Sachs
        (1,258)                                                (8,930)
        20,726    iRhythm    Technologies       Inc             Bank   of  America    Merrill    Lynch       22,799
            iRhythm    Technologies       Inc             Goldman    Sachs
        9,691                                               27,292
            iRhythm    Technologies       Inc             Morgan    Stanley
        1,208                                                9,302
            iRobot    Corp                    Morgan    Stanley
        (5,821)                                               (15,658)
            iRobot    Corp                    Bank   of  America    Merrill    Lynch
        (1,024)                                                (4,731)
            Iron   Mountain     Inc  (Reit)              Goldman    Sachs
       (42,521)                                                (15,698)
            Ironwood     Pharmaceuticals        Inc           Morgan    Stanley
        5,864                                                3,929
            Ironwood     Pharmaceuticals        Inc           Bank   of  America    Merrill    Lynch
        84,849                                               173,092
            Iteris    Inc                    Goldman    Sachs
       (130,777)                                                 6,539
            Iteris    Inc                    Bank   of  America    Merrill    Lynch
       (205,811)                                                 10,291
            Iteris    Inc                    Morgan    Stanley
       (81,234)                                                (9,748)
            ITT  Inc                      Bank   of  America    Merrill    Lynch
        36,767                                               (45,223)
            ITT  Inc                      Morgan    Stanley
        34,114                                                21,151
            J Alexander’s       Holdings     Inc           Bank   of  America    Merrill    Lynch
       195,356                                                (66,421)
            J Alexander’s       Holdings     Inc           Goldman    Sachs
        22,474                                                (7,641)
            J Alexander’s       Holdings     Inc           Morgan    Stanley
        8,879                                                4,706
            J&J  Snack   Foods   Corp               Goldman    Sachs
         506                                                (86)
            J&J  Snack   Foods   Corp               Morgan    Stanley
        1,317                                                1,712
            J.  Jill   Inc                   Goldman    Sachs
        (4,656)                                                (1,762)
        9,080    j2  Global    Inc                  Morgan    Stanley                14,437
            j2  Global    Inc                  Bank   of  America    Merrill    Lynch
       (73,092)                                                (35,084)
            Jack   Henry   & Associates      Inc           Goldman    Sachs
         (968)                                                261
            Jack   Henry   & Associates      Inc           Morgan    Stanley
        (8,613)                                               (22,566)
            Jack   Henry   & Associates      Inc           Bank   of  America    Merrill    Lynch
       (17,835)                                                 4,815
            Jack   in  the  Box  Inc               Bank   of  America    Merrill    Lynch
       (137,432)                                               (1,073,344)
            Jacobs    Engineering      Group   Inc           Goldman    Sachs
        (8,739)                                                (3,491)
            Jagged    Peak   Energy    Inc              Morgan    Stanley
        22,899                                                (5,954)
            Jagged    Peak   Energy    Inc              Bank   of  America    Merrill    Lynch
       186,608                                               (132,492)
            Jagged    Peak   Energy    Inc              Goldman    Sachs
        29,717                                               (21,099)
            James   River   Group   Holdings     Ltd          Bank   of  America    Merrill    Lynch
        65,029                                                47,471
                                145/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            James   River   Group   Holdings     Ltd          Goldman    Sachs
        18,009                                                13,147
            Janus   Henderson     Group   Plc            Goldman    Sachs
       (174,393)                                                 15,695
            Janus   Henderson     Group   Plc            Morgan    Stanley
       (15,240)                                                 4,877
            Jason   Industries      Inc               Morgan    Stanley
        12,859                                                 (900)
            Jazz   Pharmaceuticals        Plc             Bank   of  America    Merrill    Lynch
        13,812                                                34,392
            JB  Hunt   Transport     Services     Inc          Goldman    Sachs
        13,361                                                13,978
            JB  Hunt   Transport     Services     Inc          Bank   of  America    Merrill    Lynch
        34,687                                                43,012
            JB  Hunt   Transport     Services     Inc          Morgan    Stanley
        8,051                                               18,255
            JBG  SMITH   Properties      (Reit)             Goldman    Sachs
        (8,358)                                                3,024
            JBG  SMITH   Properties      (Reit)             Morgan    Stanley
       (12,072)                                                 4,225
            Jefferies     Financial     Group   Inc          Bank   of  America    Merrill    Lynch
        82,493                                                55,270
            JELD-WEN     Holding    Inc               Bank   of  America    Merrill    Lynch
       (218,250)                                                (237,893)
            JELD-WEN     Holding    Inc               Morgan    Stanley
       (158,507)                                                (152,167)
            Jernigan     Capital    Inc  (Reit)             Bank   of  America    Merrill    Lynch
        (1,487)                                                (2,141)
            JetBlue    Airways    Corp               Goldman    Sachs
       (19,020)                                                (24,074)
       (68,044)     JetBlue    Airways    Corp               Bank   of  America    Merrill    Lynch       (83,694)
            JetBlue    Airways    Corp               Morgan    Stanley
        (7,659)                                                (8,042)
            JM  Smucker    Co/The                  Bank   of  America    Merrill    Lynch
        22,309                                               (200,112)
            JMP  Group   LLC                  Morgan    Stanley
        71,554                                                 (716)
            John   B Sanfilippo      & Son  Inc           Bank   of  America    Merrill    Lynch
        60,618                                               (115,780)
            John   B Sanfilippo      & Son  Inc           Morgan    Stanley
        2,134                                                (341)
            John   B Sanfilippo      & Son  Inc           Goldman    Sachs
        4,469                                               (8,536)
            John   Bean   Technologies       Corp            Bank   of  America    Merrill    Lynch
       (37,702)                                                128,941
            John   Bean   Technologies       Corp            Goldman    Sachs
        (4,113)                                                14,066
            John   Wiley   & Sons   Inc   ‘A’            Bank   of  America    Merrill    Lynch
        19,651                                                (3,144)
            Johnson    & Johnson                  Goldman    Sachs
       (19,985)                                                (22,783)
            Johnson    & Johnson                  Bank   of  America    Merrill    Lynch
        13,169                                                15,013
            Johnson    & Johnson                  Morgan    Stanley
       (36,512)                                               (124,506)
            Johnson    Controls     International       plc        Goldman    Sachs
        17,767                                                16,725
            Johnson    Controls     International       plc        Morgan    Stanley
        44,344                                                45,212
            Johnson    Controls     International       plc        Goldman    Sachs
       (102,573)                                                (92,316)
            Jones   Lang   LaSalle    Inc              Bank   of  America    Merrill    Lynch
        (3,974)                                               (11,843)
            Jones   Lang   LaSalle    Inc              Goldman    Sachs
         (704)                                               (4,537)
            Jones   Lang   LaSalle    Inc              Morgan    Stanley
         (872)                                               (2,171)
        25,753    Jounce    Therapeutics       Inc             Bank   of  America    Merrill    Lynch       (9,271)
            Jounce    Therapeutics       Inc             Goldman    Sachs
        16,135                                                (5,809)
            Jounce    Therapeutics       Inc             Morgan    Stanley
        11,227                                                (4,603)
            Juniper    Networks     Inc               Goldman    Sachs
         944                                                113
            Juniper    Networks     Inc               Bank   of  America    Merrill    Lynch
        54,231                                                6,508
            K12  Inc                      Bank   of  America    Merrill    Lynch
        12,871                                                15,316
            K12  Inc                      Goldman    Sachs
        1,478                                                1,759
            Kadmon    Holdings     Inc               Bank   of  America    Merrill    Lynch
       (87,503)                                                 7,875
            Kadmon    Holdings     Inc               Morgan    Stanley
       (108,246)                                                 31,391
            Kaiser    Aluminum     Corp               Morgan    Stanley
        6,024                                               17,229
            Kaiser    Aluminum     Corp               Bank   of  America    Merrill    Lynch
        31,418                                                66,292
                                146/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Kala   Pharmaceuticals        Inc             Bank   of  America    Merrill    Lynch
        29,951                                               (11,082)
            Kala   Pharmaceuticals        Inc             Goldman    Sachs
        46,361                                               (17,154)
            Kala   Pharmaceuticals        Inc             Morgan    Stanley
        23,199                                                1,392
            Kalvista     Pharmaceuticals        Inc           Goldman    Sachs
        4,450                                                 (54)
            Kaman   Corp                    Bank   of  America    Merrill    Lynch
       (92,641)                                                168,607
            Kaman   Corp                    Morgan    Stanley
       (30,473)                                                28,949
            Kaman   Corp                    Goldman    Sachs
       (17,483)                                                29,812
            Kansas    City   Southern                 Goldman    Sachs
        (5,598)                                               (12,763)
            Kansas    City   Southern                 Bank   of  America    Merrill    Lynch
       (23,711)                                                (54,061)
            Kansas    City   Southern                 Morgan    Stanley
       (29,124)                                               (133,679)
            KAR  Auction    Services     Inc             Bank   of  America    Merrill    Lynch
       (14,509)                                                  435
            Karyopharm      Therapeutics       Inc           Bank   of  America    Merrill    Lynch
        24,390                                               (35,122)
            KB  Home                      Goldman    Sachs
       (51,372)                                               (193,672)
            KB  Home                      Bank   of  America    Merrill    Lynch
       (113,164)                                                (426,628)
            KB  Home                      Morgan    Stanley
       (48,489)                                                (38,791)
       (195,907)      KBR  Inc                      Bank   of  America    Merrill    Lynch       266,434
            KBR  Inc                      Morgan    Stanley
       (13,881)                                                (8,467)
            Keane   Group   Inc                 Morgan    Stanley
       (34,353)                                                11,680
            Keane   Group   Inc                 Bank   of  America    Merrill    Lynch
       (78,356)                                                61,901
            Kearny    Financial     Corp               Goldman    Sachs
        (5,163)                                                 (723)
            Kearny    Financial     Corp               Bank   of  America    Merrill    Lynch
        (2,590)                                                 (363)
            Kellogg    Co                   Bank   of  America    Merrill    Lynch
        51,042                                                29,604
            Kellogg    Co                   Morgan    Stanley
        1,011                                                1,375
            Kelly   Services     Inc   ‘A’             Bank   of  America    Merrill    Lynch
       (15,140)                                                 7,116
            Kelly   Services     Inc   ‘A’             Goldman    Sachs
       (11,904)                                                 5,595
            KEMET   Corp                    Bank   of  America    Merrill    Lynch
       (51,880)                                                (19,714)
            Kemper    Corp                    Bank   of  America    Merrill    Lynch
         (931)                                                (587)
            Kennametal      Inc                  Bank   of  America    Merrill    Lynch
       (117,729)                                                 34,141
            Kennametal      Inc                  Goldman    Sachs
       (23,043)                                                (12,970)
            Kennedy-Wilson        Holdings     Inc           Goldman    Sachs
       (335,396)                                                (191,176)
            Key  Energy    Services     Inc             Bank   of  America    Merrill    Lynch
        29,523                                               (56,389)
            Key  Energy    Services     Inc             Morgan    Stanley
        11,989                                                (6,234)
            Key  Tronic    Corp                  Bank   of  America    Merrill    Lynch
        64,497                                                (9,030)
            Key  Tronic    Corp                  Morgan    Stanley
        11,081                                                (3,435)
        60,170    KeyCorp                        Goldman    Sachs               (14,441)
                                    Bank   of  America    Merrill    Lynch
       112,306     KeyCorp                                           (26,953)
                                    Morgan    Stanley
       284,218     KeyCorp                                           79,581
            Keysight     Technologies       Inc            Goldman    Sachs
         582                                               1,536
            Keysight     Technologies       Inc            Bank   of  America    Merrill    Lynch
        11,907                                                31,434
            KeyW   Holding    Corp/The                 Morgan    Stanley
       (261,843)                                                (295,883)
            Kforce    Inc                    Bank   of  America    Merrill    Lynch
       111,157                                                (36,682)
            Kilroy    Realty    Corp   (Reit)              Bank   of  America    Merrill    Lynch
        (5,045)                                                (2,018)
            Kilroy    Realty    Corp   (Reit)              Goldman    Sachs
       (19,990)                                                (25,836)
            Kimball    Electronics      Inc             Bank   of  America    Merrill    Lynch
       (24,850)                                                (11,183)
            Kimball    International       Inc   ‘B’          Bank   of  America    Merrill    Lynch
        45,502                                               (36,402)
                                147/242



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                                                 有価証券報告書（内国投資信託受益証券）
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                                                    （米ドル）
            米国（続き）
            Kimball    International       Inc   ‘B’          Morgan    Stanley
        6,848                                               (1,644)
            Kimball    International       Inc   ‘B’          Goldman    Sachs
         808                                               (646)
            Kimberly-Clark        Corp                Morgan    Stanley
       (15,984)                                                (34,525)
            Kimberly-Clark        Corp                Goldman    Sachs
        (7,424)                                               (31,016)
            Kimco   Realty    Corp   (Reit)              Bank   of  America    Merrill    Lynch
        67,240                                                43,034
            Kimco   Realty    Corp   (Reit)              Morgan    Stanley
        47,886                                                36,393
            Kinder    Morgan    Inc/DE                Goldman    Sachs
        4,019                                                 371
            Kindred    Biosciences      Inc             Bank   of  America    Merrill    Lynch
        30,310                                                28,188
            Kindred    Biosciences      Inc             Goldman    Sachs
        21,352                                                19,857
            Kindred    Biosciences      Inc             Morgan    Stanley
        9,388                                                6,665
            Kinsale    Capital    Group   Inc            Bank   of  America    Merrill    Lynch
        11,435                                                34,076
            Kinsale    Capital    Group   Inc            Morgan    Stanley
        7,319                                               17,200
            Kinsale    Capital    Group   Inc            Goldman    Sachs
        10,276                                                30,622
            Kirby   Corp                    Bank   of  America    Merrill    Lynch
       (15,546)                                                 1,710
            Kirkland’s      Inc                 Bank   of  America    Merrill    Lynch
       (30,729)                                                (32,265)
        6,201    Kite   Realty    Group   Trust   (Reit)           Goldman    Sachs                3,332
            Kite   Realty    Group   Trust   (Reit)           Bank   of  America    Merrill    Lynch
        2,458                                                 891
            KKR  Real   Estate    Finance    Trust   Inc  (Reit)      Morgan    Stanley
        19,044                                                6,285
            KKR  Real   Estate    Finance    Trust   Inc  (Reit)      Bank   of  America    Merrill    Lynch
       274,241                                                52,106
            KKR  Real   Estate    Finance    Trust   Inc  (Reit)      Goldman    Sachs
        8,349                                                1,586
            Knight-Swift       Transportation        Holdings     Inc    Goldman    Sachs
        28,734                                                80,937
            Knight-Swift       Transportation        Holdings     Inc    Morgan    Stanley
        13,890                                                29,725
            Knight-Swift       Transportation        Holdings     Inc    Bank   of  America    Merrill    Lynch
        11,153                                                24,202
            Knowles    Corp                   Morgan    Stanley
       (37,960)                                                (3,037)
            Kohl’s    Corp                   Bank   of  America    Merrill    Lynch
        34,969                                               (201,771)
            Kohl’s    Corp                   Morgan    Stanley
        34,056                                               123,283
            Koninklijke      Philips    NV             Goldman    Sachs
        26,413                                                3,797
            Koninklijke      Philips    NV             Morgan    Stanley
        29,923                                                2,095
            Kopin   Corp                    Morgan    Stanley
        4,539                                                (182)
            Kopin   Corp                    Bank   of  America    Merrill    Lynch
        12,665                                                 (760)
            Kopin   Corp                    Goldman    Sachs
        59,907                                                (3,594)
            Koppers    Holdings     Inc               Goldman    Sachs
        16,909                                               (47,852)
            Koppers    Holdings     Inc               Bank   of  America    Merrill    Lynch
        12,598                                               (35,652)
            Korn/Ferry      International                  Morgan    Stanley
        (6,080)                                               (11,370)
        2,828    Korn/Ferry      International                  Goldman    Sachs                6,165
            Korn/Ferry      International                  Bank   of  America    Merrill    Lynch
        35,102                                                76,522
            Kosmos    Energy    Ltd                Goldman    Sachs
        8,523                                               (1,243)
            Kosmos    Energy    Ltd                Goldman    Sachs
       (158,999)                                                 58,830
            Kraft   Heinz   Co/The                 Bank   of  America    Merrill    Lynch
       (55,952)                                                58,190
            Kraft   Heinz   Co/The                 Morgan    Stanley
       (74,675)                                                 6,721
            Kraft   Heinz   Co/The                 Goldman    Sachs
        (6,056)                                                6,298
            Kraton    Corp                    Bank   of  America    Merrill    Lynch
       (18,643)                                                 8,203
            Kraton    Corp                    Goldman    Sachs
        (7,086)                                                (1,383)
            Kratos    Defense    & Security     Solutions     Inc     Goldman    Sachs
        (4,495)                                                9,889
            Kratos    Defense    & Security     Solutions     Inc     Morgan    Stanley
       (85,629)                                                29,114
                                148/242



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                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
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                                                    （米ドル）
            米国（続き）
            Kratos    Defense    & Security     Solutions     Inc     Bank   of  America    Merrill    Lynch
       (129,161)                                                284,154
            Krystal    Biotech    Inc               Morgan    Stanley
        (3,206)                                                (8,560)
            Krystal    Biotech    Inc               Goldman    Sachs
        (4,909)                                                (9,720)
            Kulicke    & Soffa   Industries      Inc          Goldman    Sachs
        2,052                                                1,580
            Kulicke    & Soffa   Industries      Inc          Morgan    Stanley
        3,914                                                4,971
            KushCo    Holdings     Inc               Morgan    Stanley
        6,423                                                3,083
            L Brands    Inc                   Goldman    Sachs
        (2,172)                                                (3,451)
            L Brands    Inc                   Bank   of  America    Merrill    Lynch
       (24,903)                                                54,040
            L Brands    Inc                   Morgan    Stanley
       (44,958)                                               (159,601)
            L3  Technologies       Inc               Bank   of  America    Merrill    Lynch
        (7,353)                                                73,751
            La  Jolla   Pharmaceutical        Co           Bank   of  America    Merrill    Lynch
        2,963                                               (1,867)
            La  Jolla   Pharmaceutical        Co           Goldman    Sachs
        8,095                                               (5,100)
            La-Z-Boy     Inc                   Bank   of  America    Merrill    Lynch
        5,435                                                (978)
            La-Z-Boy     Inc                   Morgan    Stanley
        (2,819)                                                (1,099)
            Laboratory      Corp   of  America    Holdings          Morgan    Stanley
        (2,893)                                                45,420
       (29,708)     Laboratory      Corp   of  America    Holdings          Bank   of  America    Merrill    Lynch       543,656
            Ladder    Capital    Corp   (Reit)             Bank   of  America    Merrill    Lynch
       315,147                                                135,513
            Ladder    Capital    Corp   (Reit)             Goldman    Sachs
        54,875                                                23,596
            Ladder    Capital    Corp   (Reit)             Morgan    Stanley
        15,237                                                2,286
            Ladenburg     Thalmann     Financial     Services     Inc    Morgan    Stanley
        29,974                                                5,995
            Ladenburg     Thalmann     Financial     Services     Inc    Bank   of  America    Merrill    Lynch
        89,814                                                8,981
            Ladenburg     Thalmann     Financial     Services     Inc    Goldman    Sachs
        64,380                                                6,438
            Lakeland     Financial     Corp              Bank   of  America    Merrill    Lynch
       115,121                                                145,052
            Lakeland     Financial     Corp              Goldman    Sachs
        45,216                                                56,972
            Lakeland     Financial     Corp              Morgan    Stanley
        20,673                                                14,471
            Lamar   Advertising      Co  (Reit)    ‘A’         Goldman    Sachs
        13,794                                                 276
            Lamar   Advertising      Co  (Reit)    ‘A’         Bank   of  America    Merrill    Lynch
        15,023                                                 300
            Lamb   Weston    Holdings     Inc             Bank   of  America    Merrill    Lynch
        3,759                                               (21,614)
            Lancaster     Colony    Corp               Morgan    Stanley
        1,092                                                (470)
            Lancaster     Colony    Corp               Bank   of  America    Merrill    Lynch
        4,354                                                 740
            Landec    Corp                    Bank   of  America    Merrill    Lynch
        32,054                                                34,298
            Landec    Corp                    Goldman    Sachs
        30,698                                                32,847
            Landec    Corp                    Morgan    Stanley
        4,264                                                1,237
            Lands’    End  Inc                 Morgan    Stanley
        (1,504)                                                (3,444)
        (6,606)    Lands’    End  Inc                 Bank   of  America    Merrill    Lynch       (19,330)
            Landstar     System    Inc               Bank   of  America    Merrill    Lynch
        46,719                                                99,979
            Landstar     System    Inc               Goldman    Sachs
        30,397                                                66,623
            Landstar     System    Inc               Morgan    Stanley
        31,020                                               117,256
            Lannett    Co  Inc                  Goldman    Sachs
       (65,338)                                                 7,841
            Lannett    Co  Inc                  Morgan    Stanley
       (11,223)                                                 1,347
            Lantheus     Holdings     Inc              Bank   of  America    Merrill    Lynch
       (68,449)                                                (92,406)
            Laredo    Petroleum     Inc               Bank   of  America    Merrill    Lynch
       410,517                                               (340,729)
            Laredo    Petroleum     Inc               Morgan    Stanley
        14,406                                                (8,355)
            Las  Vegas   Sands   Corp               Bank   of  America    Merrill    Lynch
        47,577                                                28,070
            Latam   Airlines     Group   SA  ADR           Morgan    Stanley
       (63,909)                                                 (639)
                                149/242



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                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Lattice    Semiconductor       Corp            Bank   of  America    Merrill    Lynch
        (5,353)                                                1,178
            Laureate     Education     Inc   ‘A’           Bank   of  America    Merrill    Lynch
       (79,460)                                                (37,346)
            Laureate     Education     Inc   ‘A’           Morgan    Stanley
       (33,918)                                                (14,924)
            Laureate     Education     Inc   ‘A’           Goldman    Sachs
       (14,090)                                                (6,396)
            Lawson    Products     Inc/DE               Bank   of  America    Merrill    Lynch
         (771)                                                131
            Lawson    Products     Inc/DE               Goldman    Sachs
         (808)                                                137
            LCI  Industries                      Bank   of  America    Merrill    Lynch
       (56,060)                                                (77,363)
            LCI  Industries                      Goldman    Sachs
        (7,104)                                               (16,787)
            LCNB   Corp                     Goldman    Sachs
        3,039                                                 －
            LCNB   Corp                     Bank   of  America    Merrill    Lynch
        28,677                                                  －
            LCNB   Corp                     Morgan    Stanley
        16,775                                                6,039
            Leaf   Group   Ltd                  Bank   of  America    Merrill    Lynch
        25,429                                                 509
            Leaf   Group   Ltd                  Goldman    Sachs
        9,669                                                 193
            Leaf   Group   Ltd                  Morgan    Stanley
        2,956                                                 266
            Lear   Corp                     Goldman    Sachs
        (5,986)                                                 (718)
       (29,077)     Lear   Corp                     Bank   of  America    Merrill    Lynch       (3,489)
            Lear   Corp                     Morgan    Stanley
        (9,164)                                                13,105
            Legg   Mason   Inc                  Goldman    Sachs
        14,397                                                4,319
            Legg   Mason   Inc                  Bank   of  America    Merrill    Lynch
       112,107                                                33,632
            Legg   Mason   Inc                  Morgan    Stanley
        2,968                                                 979
            Leggett    & Platt   Inc               Bank   of  America    Merrill    Lynch
       (38,091)                                                (51,423)
            Leggett    & Platt   Inc               Goldman    Sachs
       (155,890)                                                (153,853)
            Leggett    & Platt   Inc               Morgan    Stanley
       (43,105)                                                (29,742)
            Leidos    Holdings     Inc               Bank   of  America    Merrill    Lynch
       (12,473)                                                19,583
            Leidos    Holdings     Inc               Goldman    Sachs
       (11,599)                                                 6,658
            Leidos    Holdings     Inc               Morgan    Stanley
        (7,811)                                                 937
            LeMaitre     Vascular     Inc              Bank   of  America    Merrill    Lynch
       (10,838)                                                (11,380)
            LendingClub      Corp                 Bank   of  America    Merrill    Lynch
       (12,220)                                                 2,322
            LendingTree      Inc                 Goldman    Sachs
        (4,321)                                               (91,908)
            LendingTree      Inc                 Morgan    Stanley
         (769)                                              (21,386)
            Lennar    Corp   ‘A’                 Bank   of  America    Merrill    Lynch
       (13,566)                                                (50,330)
            Lennar    Corp   ‘B’                 Bank   of  America    Merrill    Lynch
       (12,700)                                                (25,908)
            Lennox    International       Inc             Goldman    Sachs
         162                                               1,500
            Lennox    International       Inc             Bank   of  America    Merrill    Lynch
        11,264                                               104,305
        (2,380)    Level   One  Bancorp    Inc              Bank   of  America    Merrill    Lynch        1,285
            Level   One  Bancorp    Inc              Morgan    Stanley
         (623)                                                361
            LGI  Homes   Inc                  Goldman    Sachs
        (1,748)                                                (1,436)
            LHC  Group   Inc                  Goldman    Sachs
        (3,228)                                               (22,713)
            LHC  Group   Inc                  Bank   of  America    Merrill    Lynch
        (2,850)                                               (25,593)
            LHC  Group   Inc                  Morgan    Stanley
       (11,382)                                               (104,373)
            Libbey    Inc                    Bank   of  America    Merrill    Lynch
        34,525                                               (17,263)
            Libbey    Inc                    Goldman    Sachs
        10,189                                                (5,095)
            Libbey    Inc                    Morgan    Stanley
        17,564                                               (12,646)
            Liberty    Broadband     Corp   ‘A’           Goldman    Sachs
        (6,836)                                               (23,662)
            Liberty    Broadband     Corp   ‘A’           Morgan    Stanley
        (6,545)                                               (42,346)
                                150/242



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                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Liberty    Broadband     Corp   ‘A’           Bank   of  America    Merrill    Lynch
       (55,063)                                               (173,999)
            Liberty    Broadband     Corp   ‘C’           Bank   of  America    Merrill    Lynch
       (41,687)                                               (111,304)
            Liberty    Expedia    Holdings     Inc   ‘A’        Bank   of  America    Merrill    Lynch
        12,457                                                2,242
            Liberty    Global    Plc   ‘A’             Morgan    Stanley
        5,713                                                 343
            Liberty    Global    Plc   ‘A’             Bank   of  America    Merrill    Lynch
        45,645                                                (7,760)
            Liberty    Latin   America    Ltd   ‘A’          Bank   of  America    Merrill    Lynch
        6,482                                                1,556
            Liberty    Latin   America    Ltd   ‘A’          Goldman    Sachs
        5,183                                                1,244
            Liberty    Latin   America    Ltd   ‘A’          Morgan    Stanley
        2,785                                                2,033
            Liberty    Latin   America    Ltd   ‘C’          Goldman    Sachs
        50,194                                                28,941
            Liberty    Latin   America    Ltd   ‘C’          Bank   of  America    Merrill    Lynch
        1,849                                                1,035
            Liberty    Latin   America    Ltd   ‘C’          Morgan    Stanley
        69,294                                                67,215
            Liberty    Media   Corp-Liberty       Braves    ‘C’      Morgan    Stanley
        10,371                                                6,430
            Liberty    Media   Corp-Liberty       Braves    ‘C’      Bank   of  America    Merrill    Lynch
        11,008                                                2,752
            Liberty    Media   Corp-Liberty       Braves    ‘C’      Goldman    Sachs
        30,246                                                7,562
            Liberty    Media   Corp-Liberty       Formula    One   ‘A’   Morgan    Stanley
        (7,569)                                                (7,342)
        (2,263)    Liberty    Media   Corp-Liberty       Formula    One   ‘A’   Goldman    Sachs                2,987
            Liberty    Media   Corp-Liberty       Formula    One   ‘C’   Goldman    Sachs
        4,875                                               (8,921)
            Liberty    Media   Corp-Liberty       Formula    One   ‘C’   Bank   of  America    Merrill    Lynch
         899                                              (1,645)
            Liberty    Media   Corp-Liberty       SiriusXM     ‘A’    Goldman    Sachs
        2,458                                               (1,721)
            Liberty    Media   Corp-Liberty       SiriusXM     ‘A’    Bank   of  America    Merrill    Lynch
        69,762                                               (48,833)
            Liberty    Media   Corp-Liberty       SiriusXM     ‘A’    Morgan    Stanley
        1,971                                                3,016
            Liberty    Media   Corp-Liberty       SiriusXM     ‘C’    Bank   of  America    Merrill    Lynch
        71,836                                               (40,228)
            Liberty    Oilfield     Services     Inc   ‘A’        Bank   of  America    Merrill    Lynch
        65,875                                               (124,504)
            Liberty    Oilfield     Services     Inc   ‘A’        Goldman    Sachs
        20,176                                               (38,133)
            Liberty    Property     Trust   (Reit)            Bank   of  America    Merrill    Lynch
       (28,855)                                                (41,840)
            Liberty    Tax  Inc                 Goldman    Sachs
        (7,969)                                               (18,329)
            Liberty    TripAdvisor      Holdings     Inc   ‘A’      Bank   of  America    Merrill    Lynch
       (21,019)                                                 (841)
            Liberty    TripAdvisor      Holdings     Inc   ‘A’      Morgan    Stanley
       (31,832)                                                (45,201)
            Liberty    TripAdvisor      Holdings     Inc   ‘A’      Goldman    Sachs
        (5,796)                                                 (232)
            Life   Storage    Inc  (Reit)               Bank   of  America    Merrill    Lynch
        14,064                                                17,158
            Life   Storage    Inc  (Reit)               Morgan    Stanley
        7,328                                                9,526
            Life   Storage    Inc  (Reit)               Goldman    Sachs
        16,125                                                21,077
            Lifetime     Brands    Inc               Bank   of  America    Merrill    Lynch
         (400)                                                (460)
            Lifetime     Brands    Inc               Goldman    Sachs
       (20,487)                                                (22,056)
       (56,479)     Lifevantage      Corp                 Morgan    Stanley               (116,347)
            Lilis   Energy    Inc                 Morgan    Stanley
       (74,048)                                                 6,822
            Limelight     Networks     Inc              Bank   of  America    Merrill    Lynch
       (88,725)                                                18,189
            Limoneira     Co                  Morgan    Stanley
        4,748                                               (2,374)
            Limoneira     Co                  Bank   of  America    Merrill    Lynch
       105,568                                                (34,837)
            Limoneira     Co                  Goldman    Sachs
        17,305                                                (5,711)
            Lincoln    Electric     Holdings     Inc          Morgan    Stanley
        (1,018)                                                (2,932)
            Lincoln    Electric     Holdings     Inc          Bank   of  America    Merrill    Lynch
       (16,466)                                                (14,655)
            Lincoln    National     Corp               Goldman    Sachs
        4,083                                               (4,410)
                                151/242




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            Lincoln    National     Corp               Bank   of  America    Merrill    Lynch
        38,209                                               (41,266)
            Lincoln    National     Corp               Morgan    Stanley
        97,791                                               157,444
            Lindblad     Expeditions      Holdings     Inc        Bank   of  America    Merrill    Lynch
        2,369                                                (711)
            Lindblad     Expeditions      Holdings     Inc        Goldman    Sachs
        2,192                                                (813)
            Lindsay    Corp                   Bank   of  America    Merrill    Lynch
       (49,779)                                               (117,478)
            Lions   Gate   Entertainment       Corp   ‘A’        Bank   of  America    Merrill    Lynch
        12,674                                                (4,436)
            Lions   Gate   Entertainment       Corp   ‘A’        Goldman    Sachs
        36,495                                               (12,773)
            Lions   Gate   Entertainment       Corp   ‘B’        Bank   of  America    Merrill    Lynch
        14,571                                                (2,040)
            Lions   Gate   Entertainment       Corp   ‘B’        Goldman    Sachs
        33,857                                                (4,740)
            Lions   Gate   Entertainment       Corp   ‘B’        Morgan    Stanley
        64,568                                                71,025
            Liquidia     Technologies       Inc            Goldman    Sachs
       (10,328)                                                 6,848
            Liquidity     Services     Inc              Goldman    Sachs
        (3,398)                                                 340
            Lithia    Motors    Inc   ‘A’              Goldman    Sachs
        1,104                                                (949)
            Lithia    Motors    Inc   ‘A’              Bank   of  America    Merrill    Lynch
        20,589                                               (17,707)
            Lithia    Motors    Inc   ‘A’              Morgan    Stanley
        1,825                                                 566
        (7,179)    Littelfuse      Inc                  Goldman    Sachs               (24,193)
            Littelfuse      Inc                  Bank   of  America    Merrill    Lynch
       (21,569)                                                (72,688)
            Littelfuse      Inc                  Morgan    Stanley
        (8,628)                                               (72,648)
            LivaNova     Plc                   Goldman    Sachs
       (47,117)                                                996,906
            LivaNova     Plc                   Morgan    Stanley
         (883)                                                (247)
            Live   Nation    Entertainment       Inc          Bank   of  America    Merrill    Lynch
        15,901                                                26,873
            Live   Oak  Bancshares      Inc             Bank   of  America    Merrill    Lynch
       (47,647)                                                31,923
            Live   Oak  Bancshares      Inc             Goldman    Sachs
        (9,296)                                                6,228
            Livent    Corp                    Goldman    Sachs
        36,431                                                51,872
            Livent    Corp                    Morgan    Stanley
        26,006                                                55,913
            LivePerson      Inc                  Morgan    Stanley
        15,756                                                14,023
            LivePerson      Inc                  Bank   of  America    Merrill    Lynch
        40,441                                               (44,890)
            LivePerson      Inc                  Goldman    Sachs
        24,963                                               (27,709)
            Livexlive     Media   Inc               Goldman    Sachs
        8,134                                                2,898
            LKQ  Corp                      Goldman    Sachs
       (111,633)                                                (16,830)
            LKQ  Corp                      Bank   of  America    Merrill    Lynch
       (160,892)                                                 (4,827)
            LKQ  Corp                      Morgan    Stanley
       (12,140)                                                (5,949)
            Louisiana-Pacific         Corp              Goldman    Sachs
        (2,537)                                                 (450)
            Louisiana-Pacific         Corp              Bank   of  America    Merrill    Lynch
       (183,450)                                                (14,676)
       (45,089)     Lowe’s    Cos  Inc                 Bank   of  America    Merrill    Lynch       20,290
            Loxo   Oncology     Inc                Bank   of  America    Merrill    Lynch
        1,577                                               (17,237)
            LPL  Financial     Holdings     Inc            Goldman    Sachs
       (10,198)                                                (12,914)
            LPL  Financial     Holdings     Inc            Morgan    Stanley
        (4,957)                                               (16,804)
            LPL  Financial     Holdings     Inc            Bank   of  America    Merrill    Lynch
       (23,712)                                                (36,991)
            LSB  Industries      Inc                Morgan    Stanley
       (40,204)                                                (6,835)
            LSB  Industries      Inc                Bank   of  America    Merrill    Lynch
        (6,207)                                                (2,110)
            LSB  Industries      Inc                Goldman    Sachs
       (15,653)                                                (5,322)
            LSI  Industries      Inc                Bank   of  America    Merrill    Lynch
       111,044                                                (7,773)
            LSI  Industries      Inc                Goldman    Sachs
        91,421                                                (6,399)
            LSI  Industries      Inc                Morgan    Stanley
        19,374                                                6,587
                                152/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Lululemon     Athletica     Inc             Goldman    Sachs
        6,740                                                2,220
            Lululemon     Athletica     Inc             Bank   of  America    Merrill    Lynch
        10,935                                               (85,621)
            Lululemon     Athletica     Inc             Morgan    Stanley
        6,970                                               77,646
            Lumber    Liquidators      Holdings     Inc         Morgan    Stanley
       (53,942)                                                14,564
            Lumentum     Holdings     Inc              Goldman    Sachs
        (9,631)                                               (30,269)
            Lumentum     Holdings     Inc              Morgan    Stanley
        (4,915)                                               (19,365)
            Luminex    Corp                   Morgan    Stanley
       (11,518)                                                (24,649)
            Luminex    Corp                   Goldman    Sachs
       (24,503)                                                (64,732)
            Luther    Burbank    Corp                Bank   of  America    Merrill    Lynch
        36,692                                                22,749
            Luther    Burbank    Corp                Goldman    Sachs
        27,564                                                17,090
            Luther    Burbank    Corp                Morgan    Stanley
        8,886                                                6,665
            Lydall    Inc                    Bank   of  America    Merrill    Lynch
       (40,441)                                                61,875
            LyondellBasell        Industries      NV  ‘A’        Goldman    Sachs
       (44,081)                                                13,169
            LyondellBasell        Industries      NV  ‘A’        Morgan    Stanley
       (26,536)                                                (35,824)
            M&T  Bank   Corp                   Bank   of  America    Merrill    Lynch
       (53,679)                                                (13,420)
       260,545     M/I  Homes   Inc                  Bank   of  America    Merrill    Lynch       442,927
            M/I  Homes   Inc                  Goldman    Sachs
        32,182                                                54,709
            Macatawa     Bank   Corp                Bank   of  America    Merrill    Lynch
        66,942                                               (18,744)
            Macatawa     Bank   Corp                Goldman    Sachs
        32,528                                                (9,108)
            Macatawa     Bank   Corp                Morgan    Stanley
        46,302                                                4,167
            Macerich     Co/The    (Reit)               Morgan    Stanley
        34,781                                                51,476
            Macerich     Co/The    (Reit)               Bank   of  America    Merrill    Lynch
       (71,178)                                               (108,902)
            Mack-Cali     Realty    Corp   (Reit)            Goldman    Sachs
        (3,409)                                                (2,625)
            Mack-Cali     Realty    Corp   (Reit)            Morgan    Stanley
       (11,690)                                                (5,611)
            Mack-Cali     Realty    Corp   (Reit)            Bank   of  America    Merrill    Lynch
       (85,155)                                                (65,569)
            MACOM   Technology      Solutions     Holdings     Inc     Goldman    Sachs
        4,794                                               (1,246)
            MACOM   Technology      Solutions     Holdings     Inc     Bank   of  America    Merrill    Lynch
       (45,768)                                                11,900
            MACOM   Technology      Solutions     Holdings     Inc     Goldman    Sachs
       (39,451)                                                10,257
            MACOM   Technology      Solutions     Holdings     Inc     Morgan    Stanley
        (3,892)                                                (1,284)
            Macquarie     Infrastructure        Corp           Goldman    Sachs
        22,105                                                69,208
            Macquarie     Infrastructure        Corp           Morgan    Stanley
        14,099                                                26,083
            Macquarie     Infrastructure        Corp           Bank   of  America    Merrill    Lynch
       (12,862)                                                (42,830)
            MacroGenics      Inc                 Morgan    Stanley
        1,548                                                 (62)
            MacroGenics      Inc                 Goldman    Sachs
        2,794                                                (866)
         630   Madison    Square    Garden    Co/The    ‘A’        Goldman    Sachs                7,493
            Madrigal     Pharmaceuticals        Inc           Bank   of  America    Merrill    Lynch
         (363)                                               7,314
            Madrigal     Pharmaceuticals        Inc           Goldman    Sachs
        (4,471)                                                90,091
            Madrigal     Pharmaceuticals        Inc           Morgan    Stanley
        (1,836)                                                1,506
            Magnolia     Oil  & Gas  Corp              Morgan    Stanley
        46,926                                               (10,324)
                                    Bank   of  America    Merrill    Lynch
         (962)   Majesco                                             366
            MakeMyTrip      Ltd                  Goldman    Sachs
        14,613                                                25,326
            MakeMyTrip      Ltd                  Morgan    Stanley
        10,800                                                22,171
            Malibu    Boats   Inc   ‘A’              Goldman    Sachs
        8,858                                               (3,524)
            Malibu    Boats   Inc   ‘A’              Bank   of  America    Merrill    Lynch
        23,638                                               (21,747)
            Malibu    Boats   Inc   ‘A’              Morgan    Stanley
        3,687                                                5,162
                                153/242



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                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Mallinckrodt       Plc                 Goldman    Sachs
        1,833                                               (1,536)
            Mallinckrodt       Plc                 Bank   of  America    Merrill    Lynch
        22,351                                               (177,690)
            Mallinckrodt       Plc                 Morgan    Stanley
        28,718                                               (81,392)
            Mammoth    Energy    Services     Inc           Morgan    Stanley
       (28,969)                                                (1,738)
            Manitex    International       Inc            Goldman    Sachs
        (3,074)                                                (2,029)
            ManpowerGroup       Inc                Goldman    Sachs
        (3,360)                                                (2,789)
            ManpowerGroup       Inc                Bank   of  America    Merrill    Lynch
        19,195                                                43,381
            ManTech    International       Corp/VA     ‘A’        Goldman    Sachs
         777                                               1,146
            ManTech    International       Corp/VA     ‘A’        Bank   of  America    Merrill    Lynch
        17,155                                                (8,921)
            Marathon     Oil  Corp                 Goldman    Sachs
        17,993                                               (17,093)
            Marathon     Oil  Corp                 Bank   of  America    Merrill    Lynch
        77,351                                               (73,483)
            Marathon     Oil  Corp                 Morgan    Stanley
        55,275                                                30,401
            Marathon     Petroleum     Corp              Bank   of  America    Merrill    Lynch
        (8,886)                                                5,865
            Marathon     Petroleum     Corp              Goldman    Sachs
       (30,528)                                                11,407
            Marcus    & Millichap     Inc              Bank   of  America    Merrill    Lynch
        89,121                                               (54,364)
        43,572    Marcus    & Millichap     Inc              Goldman    Sachs               (15,456)
            Marcus    & Millichap     Inc              Morgan    Stanley
        2,336                                                (187)
            Marcus    Corp/The                    Bank   of  America    Merrill    Lynch
        91,251                                                10,038
            Marin   Software     Inc                Bank   of  America    Merrill    Lynch
        3,192                                                 319
            Marin   Software     Inc                Goldman    Sachs
        4,734                                                 473
            Marin   Software     Inc                Morgan    Stanley
        2,918                                                 788
            Marine    Products     Corp               Morgan    Stanley
        8,557                                                4,621
            MarineMax     Inc                  Goldman    Sachs
        29,354                                               (89,530)
            MarineMax     Inc                  Bank   of  America    Merrill    Lynch
        77,475                                               (236,299)
            Marinus    Pharmaceuticals        Inc           Bank   of  America    Merrill    Lynch
       (12,707)                                                 (254)
            Markel    Corp                    Goldman    Sachs
         (587)                                              (17,223)
            Markel    Corp                    Morgan    Stanley
        (4,575)                                               (190,640)
            MarketAxess      Holdings     Inc             Bank   of  America    Merrill    Lynch
        2,429                                               19,602
            Marlin    Business     Services     Corp           Morgan    Stanley
       (22,663)                                                27,649
            Marlin    Business     Services     Corp           Bank   of  America    Merrill    Lynch
       (18,694)                                                19,442
            Marriott     International       Inc/MD    ‘A’        Goldman    Sachs
        (6,682)                                                12,001
            Marriott     Vacations     Worldwide     Corp         Goldman    Sachs
        13,373                                                65,341
            Marriott     Vacations     Worldwide     Corp         Bank   of  America    Merrill    Lynch
        9,395                                               47,163
            Marriott     Vacations     Worldwide     Corp         Morgan    Stanley
        20,235                                                91,058
       (38,716)     Marsh   & McLennan     Cos  Inc             Goldman    Sachs               (12,389)
            Marsh   & McLennan     Cos  Inc             Bank   of  America    Merrill    Lynch
       (64,623)                                                (20,679)
            Marsh   & McLennan     Cos  Inc             Morgan    Stanley
       (49,600)                                               (137,888)
            Marten    Transport     Ltd               Bank   of  America    Merrill    Lynch
       134,949                                                (66,125)
            Marten    Transport     Ltd               Goldman    Sachs
        4,982                                               (2,441)
            Marten    Transport     Ltd               Morgan    Stanley
        2,729                                                 846
            Martin    Marietta     Materials     Inc          Bank   of  America    Merrill    Lynch
        3,484                                               22,820
            Marvell    Technology      Group   Ltd           Bank   of  America    Merrill    Lynch
       (177,806)                                                394,729
            Masimo    Corp                    Bank   of  America    Merrill    Lynch
        59,630                                               129,993
            Masonite     International       Corp            Morgan    Stanley
        (6,428)                                                (2,635)
            Masonite     International       Corp            Goldman    Sachs
        (2,509)                                                (1,745)
                                154/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            MasTec    Inc                    Bank   of  America    Merrill    Lynch
        15,731                                               (20,293)
            MasTec    Inc                    Goldman    Sachs
        42,440                                                24,400
            Mastercard      Inc   ‘A’               Goldman    Sachs
        23,517                                               (15,800)
            Mastercard      Inc   ‘A’               Morgan    Stanley
        34,967                                               455,476
            MasterCraft      Boat   Holdings     Inc          Bank   of  America    Merrill    Lynch
        36,393                                               (62,596)
            Matador    Resources     Co              Bank   of  America    Merrill    Lynch
        26,742                                               (54,821)
            Matador    Resources     Co              Morgan    Stanley
        2,181                                                 720
            Matador    Resources     Co              Goldman    Sachs
        8,545                                               (17,517)
            Match   Group   Inc                 Goldman    Sachs
        1,447                                                (241)
            Match   Group   Inc                 Bank   of  America    Merrill    Lynch
       (11,298)                                                 2,373
            Materion     Corp                   Bank   of  America    Merrill    Lynch
        1,324                                               (5,349)
            Matson    Inc                    Goldman    Sachs
        (4,197)                                                3,085
            Matson    Inc                    Morgan    Stanley
        (1,788)                                                  54
            Mattel    Inc                    Goldman    Sachs
       (51,358)                                                  －
            Maui   Land   & Pineapple     Co  Inc           Goldman    Sachs
        (4,826)                                                 (483)
       (64,753)     Maui   Land   & Pineapple     Co  Inc           Bank   of  America    Merrill    Lynch       (6,475)
            Maxar   Technologies       Ltd              Bank   of  America    Merrill    Lynch
        15,466                                               (35,881)
            Maxim   Integrated      Products     Inc          Bank   of  America    Merrill    Lynch
        41,135                                                85,149
            Maximus    Inc                   Bank   of  America    Merrill    Lynch
       (69,830)                                               (261,863)
            MaxLinear     Inc                  Goldman    Sachs
        13,333                                                6,495
            MaxLinear     Inc                  Morgan    Stanley
       (16,187)                                                (20,557)
            MBIA   Inc                     Bank   of  America    Merrill    Lynch
       (35,778)                                                (13,059)
            MBIA   Inc                     Morgan    Stanley
       (60,983)                                                (5,184)
            MBIA   Inc                     Goldman    Sachs
       (73,878)                                                (26,965)
            MBT  Financial     Corp                Morgan    Stanley
        1,804                                                 415
            MBT  Financial     Corp                Bank   of  America    Merrill    Lynch
        69,608                                                11,833
            McCormick     & Co  Inc/MD                Goldman    Sachs
        9,754                                               29,385
            McCormick     & Co  Inc/MD                Bank   of  America    Merrill    Lynch
        27,386                                                23,552
            McCormick     & Co  Inc/MD                Morgan    Stanley
        18,576                                                80,167
            McDermott     International       Inc           Goldman    Sachs
       (90,540)                                                 3,999
            McDermott     International       Inc           Bank   of  America    Merrill    Lynch
       (15,673)                                                 3,135
            McDermott     International       Inc           Morgan    Stanley
       (29,637)                                                (18,375)
            McDonald’s      Corp                 Goldman    Sachs
       (24,254)                                               (114,236)
            McDonald’s      Corp                 Bank   of  America    Merrill    Lynch
        4,161                                               19,598
       134,126     McGrath    RentCorp                   Bank   of  America    Merrill    Lynch       76,452
            McKesson     Corp                   Goldman    Sachs
        4,200                                               (5,544)
            McKesson     Corp                   Bank   of  America    Merrill    Lynch
        29,677                                               (39,174)
            McKesson     Corp                   Morgan    Stanley
        9,826                                               49,032
            MDC  Holdings     Inc                 Bank   of  America    Merrill    Lynch
       114,174                                                202,088
            MDC  Holdings     Inc                 Goldman    Sachs
        23,713                                                41,972
            MDC  Partners     Inc   ‘A’              Bank   of  America    Merrill    Lynch
        16,499                                                1,788
            MDC  Partners     Inc   ‘A’              Morgan    Stanley
        19,342                                                3,868
            MDU  Resources     Group   Inc             Goldman    Sachs
        2,297                                                1,280
            MDU  Resources     Group   Inc             Bank   of  America    Merrill    Lynch
       (21,166)                                                  847
            MDU  Resources     Group   Inc             Morgan    Stanley
        1,323                                                 529
                                155/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            MedCath    Corp*,**                   Morgan    Stanley
        1,432                                                 －
            Media   General    Inc*                Bank   of  America    Merrill    Lynch
        1,716                                                (283)
            Media   General    Inc*                Morgan    Stanley
        1,127                                                 152
            Medical    Properties      Trust   Inc  (Reit)         Morgan    Stanley
       (184,703)                                                (138,527)
            Medidata     Solutions     Inc              Goldman    Sachs
         (860)                                               (5,581)
            Medidata     Solutions     Inc              Bank   of  America    Merrill    Lynch
        52,788                                               342,594
            Medidata     Solutions     Inc              Morgan    Stanley
        (2,789)                                               (13,025)
            Medifast     Inc                   Morgan    Stanley
        (3,695)                                                (3,030)
            Medifast     Inc                   Bank   of  America    Merrill    Lynch
       (12,465)                                                146,090
            Medley    Management      Inc   ‘A’            Bank   of  America    Merrill    Lynch
        4,563                                               (1,916)
            MEDNAX    Inc                    Bank   of  America    Merrill    Lynch
        6,005                                                2,042
            MEDNAX    Inc                    Morgan    Stanley
        3,450                                                2,553
            Medpace    Holdings     Inc               Goldman    Sachs
        (3,642)                                               (23,918)
            Medpace    Holdings     Inc               Bank   of  America    Merrill    Lynch
        29,658                                               169,940
            Medpace    Holdings     Inc               Morgan    Stanley
        (1,969)                                               (12,641)
        3,747    Medpace    Holdings     Inc               Goldman    Sachs                28,712
            Meet   Group   Inc/The                  Bank   of  America    Merrill    Lynch
       117,557                                                15,282
            Meet   Group   Inc/The                  Goldman    Sachs
        38,010                                                4,941
            Meet   Group   Inc/The                  Morgan    Stanley
        28,103                                                1,405
            MEI  Pharma    Inc                  Bank   of  America    Merrill    Lynch
       (14,034)                                                 2,666
            Mellanox     Technologies       Ltd            Morgan    Stanley
        19,372                                                51,336
            Menlo   Therapeutics       Inc              Bank   of  America    Merrill    Lynch
        33,244                                               (27,260)
            Menlo   Therapeutics       Inc              Goldman    Sachs
        27,931                                               (22,903)
            MercadoLibre       Inc                 Goldman    Sachs
        (1,798)                                               (43,414)
            MercadoLibre       Inc                 Bank   of  America    Merrill    Lynch
        (2,068)                                               (34,825)
            MercadoLibre       Inc                 Morgan    Stanley
         (388)                                              (18,543)
            Mercantile      Bank   Corp               Bank   of  America    Merrill    Lynch
       155,188                                               (114,839)
            Mercantile      Bank   Corp               Goldman    Sachs
        24,739                                               (18,307)
            Mercantile      Bank   Corp               Morgan    Stanley
        24,288                                                2,429
            Merchants     Bancorp/IN                  Bank   of  America    Merrill    Lynch
       (21,617)                                                25,940
            Merchants     Bancorp/IN                  Goldman    Sachs
        (5,021)                                                6,025
            Merck   & Co  Inc                  Bank   of  America    Merrill    Lynch
        54,312                                               198,673
            Mercury    General    Corp               Goldman    Sachs
        (4,824)                                                14,424
            Mercury    General    Corp               Morgan    Stanley
        (6,462)                                                1,616
        3,723    Mercury    General    Corp               Goldman    Sachs                (4,783)
            Mercury    Systems    Inc               Goldman    Sachs
        (2,913)                                                (7,806)
            Mercury    Systems    Inc               Bank   of  America    Merrill    Lynch
       (24,211)                                                (13,558)
            Mercury    Systems    Inc               Morgan    Stanley
       (20,412)                                                (60,215)
            Meredith     Corp                   Goldman    Sachs
       (61,122)                                                (26,975)
            Meredith     Corp                   Morgan    Stanley
       (10,108)                                                (34,974)
            Meridian     Bancorp    Inc               Morgan    Stanley
        37,650                                                6,401
            Meridian     Bancorp    Inc               Bank   of  America    Merrill    Lynch
       226,892                                                63,530
            Meridian     Bancorp    Inc               Goldman    Sachs
       105,324                                                29,491
            Meridian     Bioscience      Inc             Bank   of  America    Merrill    Lynch
       (141,516)                                                 63,682
            Merit   Medical    Systems    Inc            Morgan    Stanley
        2,386                                               10,069
                                156/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Merit   Medical    Systems    Inc            Goldman    Sachs
         164                                                630
            Merit   Medical    Systems    Inc            Bank   of  America    Merrill    Lynch
        43,459                                               166,883
            Meritage     Homes   Corp                Goldman    Sachs
        6,632                                               13,994
            Meritage     Homes   Corp                Bank   of  America    Merrill    Lynch
        84,087                                               177,424
            Meritor    Inc                   Bank   of  America    Merrill    Lynch
        25,196                                                3,275
            Meritor    Inc                   Morgan    Stanley
        18,636                                                8,386
            Mersana    Therapeutics       Inc             Morgan    Stanley
        7,843                                                (314)
            Mersana    Therapeutics       Inc             Bank   of  America    Merrill    Lynch
        18,400                                               (22,264)
            Mersana    Therapeutics       Inc             Goldman    Sachs
        13,039                                               (15,777)
            Mesa   Laboratories       Inc              Morgan    Stanley
        (1,413)                                               (27,144)
            Mesa   Laboratories       Inc              Goldman    Sachs
        (2,235)                                               (52,724)
            Mesa   Laboratories       Inc              Bank   of  America    Merrill    Lynch
        (5,439)                                               (128,306)
            Meta   Financial     Group   Inc             Bank   of  America    Merrill    Lynch
       (117,177)                                                228,495
            Methode    Electronics      Inc             Bank   of  America    Merrill    Lynch
       (85,285)                                                (7,676)
            MetLife    Inc                   Bank   of  America    Merrill    Lynch
       (116,212)                                                 40,674
        23,016    MetLife    Inc                   Morgan    Stanley                37,976
            Mettler-Toledo        International       Inc         Goldman    Sachs
         (510)                                              (20,951)
            Mettler-Toledo        International       Inc         Bank   of  America    Merrill    Lynch
         (381)                                              (15,651)
            Mettler-Toledo        International       Inc         Morgan    Stanley
        (2,015)                                               (74,757)
            MFA  Financial     Inc  (Reit)              Goldman    Sachs
       114,405                                                17,694
            MFA  Financial     Inc  (Reit)              Morgan    Stanley
       195,914                                                32,326
            MFA  Financial     Inc  (Reit)              Bank   of  America    Merrill    Lynch
        (9,211)                                                (1,428)
            MGE  Energy    Inc                  Bank   of  America    Merrill    Lynch
       (58,493)                                               (107,042)
            MGIC   Investment      Corp               Bank   of  America    Merrill    Lynch
       (27,257)                                                10,903
            MGIC   Investment      Corp               Morgan    Stanley
       (42,446)                                                (10,612)
            MGIC   Investment      Corp               Bank   of  America    Merrill    Lynch
       105,986                                                (42,394)
            MGM  Growth    Properties      LLC   ‘A’   (Reit)       Goldman    Sachs
        1,961                                                 924
            MGM  Growth    Properties      LLC   ‘A’   (Reit)       Bank   of  America    Merrill    Lynch
        78,887                                                97,820
            MGM  Growth    Properties      LLC   ‘A’   (Reit)       Morgan    Stanley
        13,786                                                6,513
            MGM  Resorts    International                 Bank   of  America    Merrill    Lynch
       (63,016)                                                (40,330)
            MGM  Resorts    International                 Morgan    Stanley
       (94,218)                                               (115,888)
            MGP  Ingredients      Inc               Morgan    Stanley
        (2,568)                                                 (103)
            MGP  Ingredients      Inc               Morgan    Stanley
         964                                                39
            Michael    Kors   Holdings     Ltd            Bank   of  America    Merrill    Lynch
        26,559                                               (75,162)
       (61,978)     Michaels     Cos  Inc/The                 Bank   of  America    Merrill    Lynch       27,270
            Microchip     Technology      Inc             Goldman    Sachs
       (50,963)                                                59,117
            Micron    Technology      Inc              Goldman    Sachs
        (6,609)                                                (3,597)
            Micron    Technology      Inc              Bank   of  America    Merrill    Lynch
       (24,370)                                                66,774
            Microsoft     Corp                  Goldman    Sachs
       (64,415)                                               (199,474)
            Microsoft     Corp                  Bank   of  America    Merrill    Lynch
        1,275                                                3,379
            Microsoft     Corp                  Morgan    Stanley
        (6,138)                                               (42,107)
            MicroStrategy       Inc   ‘A’              Bank   of  America    Merrill    Lynch
        65,721                                                86,095
            Mid-America      Apartment     Communities      Inc  (Reit)    Goldman    Sachs
        12,286                                                49,758
            Mid-America      Apartment     Communities      Inc  (Reit)    Bank   of  America    Merrill    Lynch
        (4,167)                                               (16,876)
                                157/242




                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Mid-America      Apartment     Communities      Inc  (Reit)    Morgan    Stanley
        35,417                                                78,015
            Mid-America      Apartment     Communities      Inc  (Reit)    Bank   of  America    Merrill    Lynch
         160                                                409
            Middleby     Corp/The                   Bank   of  America    Merrill    Lynch
       (14,201)                                                (18,603)
            Middlesex     Water   Co               Bank   of  America    Merrill    Lynch
       (134,870)                                                (205,002)
            Midland    States    Bancorp    Inc            Bank   of  America    Merrill    Lynch
       (49,466)                                                35,121
            MidSouth     Bancorp    Inc               Morgan    Stanley
       (22,682)                                                (10,207)
            MidSouth     Bancorp    Inc               Goldman    Sachs
       (32,219)                                                (6,766)
            MidSouth     Bancorp    Inc               Bank   of  America    Merrill    Lynch
       (245,274)                                                (51,508)
            Midstates     Petroleum     Co  Inc            Bank   of  America    Merrill    Lynch
        11,003                                                (3,081)
            Midstates     Petroleum     Co  Inc            Goldman    Sachs
        7,196                                               (2,015)
            Midstates     Petroleum     Co  Inc            Morgan    Stanley
        11,363                                                (2,727)
            Miller    Industries      Inc/TN              Bank   of  America    Merrill    Lynch
        59,486                                                74,358
            Miller    Industries      Inc/TN              Goldman    Sachs
        6,186                                                7,733
            Miller    Industries      Inc/TN              Morgan    Stanley
        24,865                                                4,724
            Mimecast     Ltd                   Goldman    Sachs
        (4,257)                                                (6,919)
       (16,438)     MINDBODY     Inc   ‘A’                Morgan    Stanley                (38,958)
            MINDBODY     Inc   ‘A’                Bank   of  America    Merrill    Lynch
       (43,543)                                                (74,023)
            Minerals     Technologies       Inc            Bank   of  America    Merrill    Lynch
       (18,703)                                                35,349
            Minerva    Neurosciences       Inc            Bank   of  America    Merrill    Lynch
       (139,775)                                                 71,285
            Minerva    Neurosciences       Inc            Goldman    Sachs
       (12,193)                                                 6,218
            Miragen    Therapeutics       Inc             Goldman    Sachs
        52,854                                                4,396
            Miragen    Therapeutics       Inc             Morgan    Stanley
        12,920                                                1,163
            Miragen    Therapeutics       Inc             Bank   of  America    Merrill    Lynch
        16,950                                                1,695
            Mirati    Therapeutics       Inc             Morgan    Stanley
       (10,471)                                                32,565
            Misonix    Inc                   Goldman    Sachs
        (1,730)                                                (1,124)
            Misonix    Inc                   Morgan    Stanley
       (18,386)                                                 3,493
            Mistras    Group   Inc                Bank   of  America    Merrill    Lynch
       119,134                                                (7,148)
            Mistras    Group   Inc                Goldman    Sachs
        8,560                                                (514)
            Mistras    Group   Inc                Morgan    Stanley
        6,258                                                 501
            Mitek   Systems    Inc                Goldman    Sachs
        (6,075)                                                 911
            MKS  Instruments      Inc               Bank   of  America    Merrill    Lynch
        (1,177)                                                (3,849)
            Mobile    Mini   Inc                 Bank   of  America    Merrill    Lynch
        51,970                                               (22,867)
            MobileIron      Inc                  Morgan    Stanley
        43,437                                                13,900
            MobileIron      Inc                  Bank   of  America    Merrill    Lynch
        55,864                                                (2,235)
        55,468    MobileIron      Inc                  Goldman    Sachs                (2,219)
            Model   N Inc                   Bank   of  America    Merrill    Lynch
       167,834                                                (15,105)
            Model   N Inc                   Goldman    Sachs
        21,246                                                (1,912)
            Modine    Manufacturing       Co             Goldman    Sachs
        10,702                                                (8,776)
            Modine    Manufacturing       Co             Bank   of  America    Merrill    Lynch
       128,617                                               (105,466)
            Moelis    & Co  ‘A’                 Bank   of  America    Merrill    Lynch
        20,446                                               (30,056)
            Moelis    & Co  ‘A’                 Goldman    Sachs
        50,755                                               (74,610)
            Moelis    & Co  ‘A’                 Morgan    Stanley
        2,132                                                 362
            Mohawk    Industries      Inc              Bank   of  America    Merrill    Lynch
       (28,882)                                                (94,444)
            Molecular     Templates     Inc             Goldman    Sachs
        24,555                                                 407
                                158/242




                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Molina    Healthcare      Inc              Goldman    Sachs
         (640)                                               (9,504)
            Molina    Healthcare      Inc              Bank   of  America    Merrill    Lynch
        (8,722)                                               (129,522)
            Molina    Healthcare      Inc              Morgan    Stanley
        (3,738)                                               (45,678)
            Molson    Coors   Brewing    Co  ‘B’           Bank   of  America    Merrill    Lynch
        40,135                                                20,870
            Mondelez     International       Inc   ‘A’         Goldman    Sachs
       (125,291)                                                (63,285)
            Mondelez     International       Inc   ‘A’         Bank   of  America    Merrill    Lynch
       (155,912)                                                (81,074)
            Mondelez     International       Inc   ‘A’         Morgan    Stanley
       (97,056)                                                (65,028)
            MoneyGram     International       Inc           Bank   of  America    Merrill    Lynch
       (19,579)                                                 (979)
            MoneyGram     International       Inc           Morgan    Stanley
        (6,378)                                                 (765)
            MongoDB    Inc                   Bank   of  America    Merrill    Lynch
        (2,069)                                               (10,883)
            MongoDB    Inc                   Morgan    Stanley
        (3,120)                                               (26,146)
            Monolithic      Power   Systems    Inc           Morgan    Stanley
       (16,715)                                                (72,627)
            Monolithic      Power   Systems    Inc           Goldman    Sachs
       (30,643)                                                (49,174)
            Monotype     Imaging    Holdings     Inc          Goldman    Sachs
       (19,842)                                                12,226
            Monotype     Imaging    Holdings     Inc          Bank   of  America    Merrill    Lynch
       (16,781)                                                13,425
        (5,702)    Monro   Inc                    Morgan    Stanley                (8,667)
            Monro   Inc                    Goldman    Sachs
       (35,391)                                               (102,988)
            Monster    Beverage     Corp               Morgan    Stanley
        53,639                                               109,424
            Monster    Beverage     Corp               Bank   of  America    Merrill    Lynch
        23,401                                                95,008
            Monster    Beverage     Corp               Goldman    Sachs
        1,085                                                4,405
            Moody’s     Corp                   Bank   of  America    Merrill    Lynch
        (1,883)                                               (19,583)
            Moog   Inc   ‘A’                  Morgan    Stanley
       (31,488)                                               (116,820)
            Moog   Inc   ‘A’                  Goldman    Sachs
        4,029                                                 564
            Morgan    Stanley                    Goldman    Sachs
        43,106                                                (8,502)
            Morgan    Stanley                    Bank   of  America    Merrill    Lynch
       193,947                                                (34,910)
            Morningstar      Inc                 Bank   of  America    Merrill    Lynch
        8,437                                               (24,299)
            Morningstar      Inc                 Morgan    Stanley
        2,569                                                6,449
            Morningstar      Inc                 Goldman    Sachs
        5,733                                               (6,768)
            Motorola     Solutions     Inc              Goldman    Sachs
        4,996                                                9,392
            Motorola     Solutions     Inc              Morgan    Stanley
        43,800                                               303,096
            Motorola     Solutions     Inc              Bank   of  America    Merrill    Lynch
        22,671                                                42,621
            Mr  Cooper    Group   Inc               Goldman    Sachs
        (6,632)                                                 531
            Mr  Cooper    Group   Inc               Morgan    Stanley
        (2,807)                                                (1,825)
            MRC  Global    Inc                  Morgan    Stanley
        58,544                                                45,079
        (3,219)    MSA  Safety    Inc                  Goldman    Sachs                6,728
            MSA  Safety    Inc                  Bank   of  America    Merrill    Lynch
        (5,260)                                                10,993
            MSA  Safety    Inc                  Morgan    Stanley
       (25,541)                                                (33,459)
            MSC  Industrial      Direct    Co  Inc   ‘A’        Bank   of  America    Merrill    Lynch
       (39,547)                                                107,568
            MSCI   Inc                     Goldman    Sachs
        (1,129)                                                (6,458)
            MSCI   Inc                     Bank   of  America    Merrill    Lynch
       (21,335)                                               (122,036)
            MSCI   Inc                     Morgan    Stanley
        (1,465)                                               (11,061)
            MSG  Networks     Inc   ‘A’              Bank   of  America    Merrill    Lynch
        91,684                                               172,366
            MSG  Networks     Inc   ‘A’              Goldman    Sachs
        62,071                                               116,693
            MSG  Networks     Inc   ‘A’              Morgan    Stanley
        20,542                                                25,267
            MTS  Systems    Corp                 Bank   of  America    Merrill    Lynch
       (54,093)                                                 6,491
                                159/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Mueller    Industries      Inc              Bank   of  America    Merrill    Lynch
       (67,953)                                                108,045
            Multi-Color      Corp                 Bank   of  America    Merrill    Lynch
       (64,371)                                                52,141
            Murphy    Oil  Corp                  Morgan    Stanley
         514                                                740
            Murphy    Oil  Corp                  Goldman    Sachs
        3,091                                               (1,391)
            Murphy    USA  Inc                  Bank   of  America    Merrill    Lynch
        (7,063)                                               (13,349)
            Murphy    USA  Inc                  Bank   of  America    Merrill    Lynch
        2,484                                                4,695
            Murphy    USA  Inc                  Goldman    Sachs
        (1,485)                                                (2,807)
            Myers   Industries      Inc               Bank   of  America    Merrill    Lynch
       (119,525)                                                 (9,562)
            Mylan   NV                    Goldman    Sachs
       (57,764)                                                67,991
            MyoKardia     Inc                  Goldman    Sachs
        (1,000)                                                (5,230)
            MyoKardia     Inc                  Bank   of  America    Merrill    Lynch
        (7,264)                                               (37,991)
            MyoKardia     Inc                  Morgan    Stanley
       (10,129)                                                (48,720)
            MYR  Group   Inc                  Bank   of  America    Merrill    Lynch
        14,723                                                5,153
            MYR  Group   Inc                  Goldman    Sachs
        5,275                                                1,846
            MYR  Group   Inc                  Morgan    Stanley
        9,023                                                6,406
       (12,168)     Myriad    Genetics     Inc               Bank   of  America    Merrill    Lynch       (31,393)
            Myriad    Genetics     Inc               Goldman    Sachs
        (7,179)                                               (17,568)
            Nabors    Industries      Ltd              Bank   of  America    Merrill    Lynch
       380,299                                               (501,995)
            NACCO   Industries      Inc   ‘A’            Goldman    Sachs
        (2,358)                                                (2,995)
            NACCO   Industries      Inc   ‘A’            Bank   of  America    Merrill    Lynch
        (6,113)                                                (7,764)
            Nanometrics      Inc                 Bank   of  America    Merrill    Lynch
        82,558                                                16,512
            Nanometrics      Inc                 Goldman    Sachs
        2,520                                                 504
            Nanometrics      Inc                 Morgan    Stanley
        2,605                                                2,657
            NanoString      Technologies       Inc           Bank   of  America    Merrill    Lynch
        20,222                                                15,975
            NanoString      Technologies       Inc           Goldman    Sachs
        35,477                                                28,027
            Napco   Security     Technologies       Inc         Goldman    Sachs
        (7,713)                                                5,476
            Napco   Security     Technologies       Inc         Bank   of  America    Merrill    Lynch
       (56,419)                                                40,057
            Nasdaq    Inc                    Bank   of  America    Merrill    Lynch
       (50,675)                                               (110,978)
            Natera    Inc                    Bank   of  America    Merrill    Lynch
        27,263                                                27,536
            National     Bankshares      Inc             Morgan    Stanley
       (45,544)                                                61,940
            National     Beverage     Corp              Goldman    Sachs
        3,323                                               (9,200)
            National     Beverage     Corp              Morgan    Stanley
        6,964                                               (30,041)
            National     Beverage     Corp              Bank   of  America    Merrill    Lynch
        1,199                                               (2,782)
            National     Fuel   Gas  Co              Goldman    Sachs
        (8,324)                                               (10,155)
       (64,273)     National     Fuel   Gas  Co              Bank   of  America    Merrill    Lynch       (78,413)
            National     Fuel   Gas  Co              Morgan    Stanley
       (18,546)                                                 8,902
            National     General    Holdings     Corp          Goldman    Sachs
        3,870                                                3,403
            National     Health    Investors     Inc  (Reit)        Bank   of  America    Merrill    Lynch
       (191,037)                                                (511,979)
            National     HealthCare      Corp             Bank   of  America    Merrill    Lynch
        10,729                                                46,564
            National     HealthCare      Corp             Goldman    Sachs
        5,459                                               23,692
            National     HealthCare      Corp             Morgan    Stanley
        1,537                                                4,058
            National     Instruments      Corp             Goldman    Sachs
        3,451                                                6,213
            National     Instruments      Corp             Bank   of  America    Merrill    Lynch
        90,594                                               (60,698)
            National     Oilwell    Varco   Inc            Bank   of  America    Merrill    Lynch
       (51,516)                                                60,274
            National     Presto    Industries      Inc          Goldman    Sachs
        (2,209)                                                 685
                                160/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            National     Research     Corp              Goldman    Sachs
        9,676                                                3,774
            National     Research     Corp              Morgan    Stanley
        17,852                                                3,035
            National     Research     Corp              Bank   of  America    Merrill    Lynch
        6,933                                                2,704
            National     Retail    Properties      Inc  (Reit)        Goldman    Sachs
        12,811                                                21,266
            National     Retail    Properties      Inc  (Reit)        Bank   of  America    Merrill    Lynch
       100,803                                                167,333
            National     Storage    Affiliates      Trust   (Reit)      Morgan    Stanley
        19,452                                                10,699
            National     Storage    Affiliates      Trust   (Reit)      Bank   of  America    Merrill    Lynch
       159,533                                                36,693
            National     Storage    Affiliates      Trust   (Reit)      Goldman    Sachs
        21,965                                                4,841
            National     Vision    Holdings     Inc           Goldman    Sachs
       (18,778)                                                53,893
            National     Vision    Holdings     Inc           Bank   of  America    Merrill    Lynch
       (26,044)                                                74,746
            National     Vision    Holdings     Inc           Morgan    Stanley
       (35,045)                                                (12,266)
            Natural    Gas  Services     Group   Inc          Bank   of  America    Merrill    Lynch
        (7,171)                                                8,677
            Natural    Grocers    by  Vitamin    Cottage    Inc      Bank   of  America    Merrill    Lynch
        30,991                                               121,175
            Natural    Grocers    by  Vitamin    Cottage    Inc      Goldman    Sachs
        19,357                                                75,686
            Natural    Health    Trends    Corp            Goldman    Sachs
        11,560                                                (6,127)
        2,829    Natural    Health    Trends    Corp            Morgan    Stanley                 (396)
            Natural    Health    Trends    Corp            Bank   of  America    Merrill    Lynch
        6,581                                               (3,488)
            Nature’s     Sunshine     Products     Inc         Bank   of  America    Merrill    Lynch
       (75,480)                                                  755
            Nature’s     Sunshine     Products     Inc         Morgan    Stanley
        (9,741)                                                (1,266)
            Natus   Medical    Inc                Bank   of  America    Merrill    Lynch
       (86,856)                                               (320,499)
            Natus   Medical    Inc                Morgan    Stanley
       (16,453)                                                (29,615)
            Navient    Corp                   Bank   of  America    Merrill    Lynch
       (189,390)                                                234,844
            Navigant     Consulting      Inc             Bank   of  America    Merrill    Lynch
       (222,087)                                                (366,444)
            Navistar     International       Corp            Bank   of  America    Merrill    Lynch
       (18,960)                                                (7,774)
            NCI  Building     Systems    Inc             Goldman    Sachs
        35,687                                               (38,899)
            NCI  Building     Systems    Inc             Bank   of  America    Merrill    Lynch
        68,446                                               (74,606)
            NCI  Building     Systems    Inc             Morgan    Stanley
        20,383                                                2,038
            NCR  Corp                      Bank   of  America    Merrill    Lynch
       (90,259)                                                (94,772)
            NCR  Corp                      Morgan    Stanley
        (6,058)                                               (11,026)
            Neenah    Inc                    Bank   of  America    Merrill    Lynch
       (19,611)                                                103,938
            Neenah    Inc                    Morgan    Stanley
       (11,641)                                                (11,990)
            Neenah    Inc                    Goldman    Sachs
       (21,130)                                                107,461
            Nelnet    Inc   ‘A’                 Bank   of  America    Merrill    Lynch
       (56,050)                                                (41,477)
            Neogen    Corp                    Goldman    Sachs
        (2,602)                                                (5,022)
       (29,890)     Neogen    Corp                    Bank   of  America    Merrill    Lynch       (57,688)
            Neogen    Corp                    Morgan    Stanley
        (8,262)                                               (30,817)
            NeoGenomics      Inc                 Bank   of  America    Merrill    Lynch
        43,156                                                38,840
            Neon   Therapeutics       Inc              Goldman    Sachs
        10,233                                                (1,170)
            NETGEAR    Inc                   Goldman    Sachs
        (2,348)                                                (2,010)
            NetScout     Systems    Inc               Bank   of  America    Merrill    Lynch
       (107,537)                                                (10,754)
            NetScout     Systems    Inc               Morgan    Stanley
        (4,278)                                                (4,535)
            Nevro   Corp                    Morgan    Stanley
        (4,493)                                                 (369)
            Nevro   Corp                    Bank   of  America    Merrill    Lynch
        37,215                                                58,800
            New  Home   Co  Inc/The                 Goldman    Sachs
        (8,566)                                                 167
            New  Home   Co  Inc/The                 Bank   of  America    Merrill    Lynch
        (6,877)                                                 (413)
                                161/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            New  Jersey    Resources     Corp             Goldman    Sachs
         (577)                                                589
            New  Jersey    Resources     Corp             Morgan    Stanley
       (19,258)                                                 7,318
            New  Jersey    Resources     Corp             Goldman    Sachs
        12,980                                               (21,820)
            New  Jersey    Resources     Corp             Bank   of  America    Merrill    Lynch
        2,503                                               (2,553)
            New  Relic   Inc                  Bank   of  America    Merrill    Lynch
        46,789                                                73,459
            New  Relic   Inc                  Goldman    Sachs
        9,318                                               14,629
            New  Residential      Investment      Corp   (Reit)       Bank   of  America    Merrill    Lynch
        27,078                                                (1,625)
            New  Residential      Investment      Corp   (Reit)       Goldman    Sachs
        15,259                                                 (916)
            New  Senior    Investment      Group   Inc  (Reit)       Bank   of  America    Merrill    Lynch
        7,355                                                 221
            New  York   Community     Bancorp    Inc          Bank   of  America    Merrill    Lynch
       (279,595)                                                (345,964)
            New  York   Mortgage     Trust   Inc  (Reit)         Bank   of  America    Merrill    Lynch
       (392,642)                                                (58,896)
            New  York   Mortgage     Trust   Inc  (Reit)         Morgan    Stanley
       (76,367)                                                (11,455)
            New  York   Times   Co/The    ‘A’            Goldman    Sachs
         706                                                438
            New  York   Times   Co/The    ‘A’            Bank   of  America    Merrill    Lynch
       (192,036)                                                (119,062)
            New  York   Times   Co/The    ‘A’            Morgan    Stanley
        4,715                                                5,988
       (35,420)     Newell    Brands    Inc                Goldman    Sachs               (68,176)
            Newell    Brands    Inc                Bank   of  America    Merrill    Lynch
       (44,131)                                               (116,065)
            NewLink    Genetics     Corp               Bank   of  America    Merrill    Lynch
        73,488                                                (8,084)
            NewMarket     Corp                  Bank   of  America    Merrill    Lynch
         528                                               3,675
            NewMarket     Corp                  Morgan    Stanley
       (10,898)                                                (86,857)
            Newmont    Mining    Corp                Bank   of  America    Merrill    Lynch
       150,028                                               (145,527)
            News   Corp   ‘A’                  Goldman    Sachs
       (43,915)                                                20,201
            News   Corp   ‘A’                  Bank   of  America    Merrill    Lynch
        (7,145)                                                3,287
            News   Corp   ‘B’                  Bank   of  America    Merrill    Lynch
       (31,100)                                                10,885
            Nexa   Resources     SA                Morgan    Stanley
        58,902                                                 (589)
            Nexa   Resources     SA                Goldman    Sachs
       104,245                                                (5,212)
            Nexstar    Media   Group   Inc   ‘A’           Goldman    Sachs
        9,611                                                2,499
            Nexstar    Media   Group   Inc   ‘A’           Bank   of  America    Merrill    Lynch
         960                                                250
            Nexstar    Media   Group   Inc   ‘A’           Bank   of  America    Merrill    Lynch
       (20,709)                                                (5,384)
            NextEra    Energy    Inc                Bank   of  America    Merrill    Lynch
       (10,588)                                                 4,341
            NextEra    Energy    Inc                Goldman    Sachs
        (3,491)                                                1,431
            NIC  Inc                      Goldman    Sachs
       136,286                                                (56,708)
            NIC  Inc                      Bank   of  America    Merrill    Lynch
        52,797                                               (23,231)
            NIC  Inc                      Morgan    Stanley
        6,049                                                 665
        30,087    Nicholas     Financial     Inc              Bank   of  America    Merrill    Lynch       (32,193)
            Nielsen    Holdings     Plc               Goldman    Sachs
       (55,603)                                                (81,180)
            NII  Holdings     Inc                 Bank   of  America    Merrill    Lynch
       (104,104)                                                 7,808
            Nike   Inc   ‘B’                  Goldman    Sachs
        42,726                                                62,737
            Nike   Inc   ‘B’                  Bank   of  America    Merrill    Lynch
        27,883                                                12,547
            Nike   Inc   ‘B’                  Morgan    Stanley
        34,434                                               113,288
            Nine   Energy    Service    Inc             Goldman    Sachs
        3,890                                               (8,364)
            Nine   Energy    Service    Inc             Bank   of  America    Merrill    Lynch
        9,324                                               (20,047)
            NiSource     Inc                   Bank   of  America    Merrill    Lynch
       (200,291)                                                (136,198)
            NiSource     Inc                   Morgan    Stanley
       (101,934)                                                (32,619)
            NiSource     Inc                   Goldman    Sachs
       (165,813)                                                (112,753)
                                162/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            NL  Industries      Inc                Bank   of  America    Merrill    Lynch
       (25,535)                                                13,534
            NL  Industries      Inc                Goldman    Sachs
        (8,386)                                                4,445
            nLight    Inc                    Bank   of  America    Merrill    Lynch
        (8,687)                                                17,548
            nLight    Inc                    Goldman    Sachs
        (1,667)                                                3,367
            NMI  Holdings     Inc   ‘A’              Morgan    Stanley
       (43,369)                                                (27,322)
            NN  Inc                      Bank   of  America    Merrill    Lynch
       (111,428)                                                 31,200
            NN  Inc                      Goldman    Sachs
       (50,503)                                                 (401)
            Noble   Corp   plc                  Bank   of  America    Merrill    Lynch
        9,797                                               (1,568)
            Noble   Corp   plc                  Morgan    Stanley
        5,405                                                 432
            Noble   Corp   plc                  Goldman    Sachs
        13,981                                                (2,237)
            Noble   Energy    Inc                 Goldman    Sachs
        9,879                                               (17,585)
            Noble   Energy    Inc                 Morgan    Stanley
        5,133                                                (103)
            Noble   Energy    Inc                 Bank   of  America    Merrill    Lynch
        9,937                                               (17,688)
            Nomad   Foods   Ltd                 Morgan    Stanley
        29,371                                                (4,699)
            Noodles    & Co                  Morgan    Stanley
       (21,715)                                                21,064
       199,617     Nordic    American     Tankers    Ltd           Bank   of  America    Merrill    Lynch       19,962
            Nordic    American     Tankers    Ltd           Goldman    Sachs
        91,285                                                9,129
            Nordson    Corp                   Bank   of  America    Merrill    Lynch
       (24,825)                                                235,093
            Nordson    Corp                   Morgan    Stanley
       (17,513)                                                95,621
            Nordstrom     Inc                  Goldman    Sachs
        15,564                                               (91,672)
            Nordstrom     Inc                  Morgan    Stanley
        11,489                                                17,923
            Nordstrom     Inc                  Bank   of  America    Merrill    Lynch
        24,722                                               (145,613)
            Norfolk    Southern     Corp               Goldman    Sachs
        3,832                                               (4,162)
            Norfolk    Southern     Corp               Bank   of  America    Merrill    Lynch
        25,399                                               (59,688)
            Norfolk    Southern     Corp               Morgan    Stanley
        16,813                                               111,470
            Northeast     Bancorp                  Goldman    Sachs
       (76,101)                                                23,591
            Northeast     Bancorp                  Bank   of  America    Merrill    Lynch
       (98,746)                                                30,611
            Northern     Oil  and  Gas  Inc             Goldman    Sachs
       (31,537)                                                 1,820
            Northern     Oil  and  Gas  Inc             Bank   of  America    Merrill    Lynch
       (24,281)                                                 6,799
            Northern     Technologies       International       Corp     Morgan    Stanley
         (281)                                                (643)
            Northern     Trust   Corp                Goldman    Sachs
        7,588                                                8,765
            Northern     Trust   Corp                Bank   of  America    Merrill    Lynch
       (48,479)                                                (11,393)
            Northern     Trust   Corp                Morgan    Stanley
        3,218                                                4,521
            Northfield      Bancorp    Inc              Bank   of  America    Merrill    Lynch
       (234,544)                                                (14,073)
       (25,717)     Northrim     BanCorp    Inc               Bank   of  America    Merrill    Lynch       14,916
            NorthStar     Realty    Europe    Corp   (Reit)         Bank   of  America    Merrill    Lynch
       (267,687)                                                 32,122
            Northwest     Bancshares      Inc             Bank   of  America    Merrill    Lynch
       (910,269)                                                (227,567)
            Northwest     Natural    Holding    Co          Goldman    Sachs
        (3,461)                                                7,599
            Northwest     Natural    Holding    Co          Bank   of  America    Merrill    Lynch
       (89,151)                                                241,599
            Northwest     Natural    Holding    Co          Morgan    Stanley
       (41,392)                                                52,154
            Northwest     Pipe   Co                Bank   of  America    Merrill    Lynch
       (24,172)                                                16,195
            NorthWestern       Corp                 Morgan    Stanley
        (5,441)                                                (1,850)
            NorthWestern       Corp                 Goldman    Sachs
        (6,764)                                                 621
            Norwegian     Cruise    Line   Holdings     Ltd        Goldman    Sachs
        14,008                                                11,487
            Norwegian     Cruise    Line   Holdings     Ltd        Bank   of  America    Merrill    Lynch
        43,803                                                35,918
                                163/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Norwegian     Cruise    Line   Holdings     Ltd        Morgan    Stanley
        29,727                                                15,458
            Norwood    Financial     Corp              Bank   of  America    Merrill    Lynch
         (356)                                                516
            Norwood    Financial     Corp              Morgan    Stanley
         (315)                                                (16)
            Novocure     Ltd                   Goldman    Sachs
         (408)                                               (1,212)
            Novocure     Ltd                   Morgan    Stanley
        (5,249)                                               (24,145)
            NOW  Inc                      Bank   of  America    Merrill    Lynch
       (33,421)                                                26,737
            NRG  Energy    Inc                  Goldman    Sachs
       (10,502)                                                 3,151
            NRG  Energy    Inc                  Morgan    Stanley
       (19,206)                                                (8,835)
            Nuance    Communications        Inc            Bank   of  America    Merrill    Lynch
       (74,823)                                                49,383
            Nuance    Communications        Inc            Bank   of  America    Merrill    Lynch
        2,986                                               (1,725)
            Nuance    Communications        Inc            Morgan    Stanley
        3,900                                                (507)
            Nucor   Corp                    Bank   of  America    Merrill    Lynch
        (5,658)                                                15,786
            Nucor   Corp                    Goldman    Sachs
        (5,056)                                                14,106
            Nutanix    Inc   ‘A’                 Bank   of  America    Merrill    Lynch
        6,993                                               19,580
            NuVasive     Inc                   Bank   of  America    Merrill    Lynch
        1,869                                                4,803
        1,071    NuVasive     Inc                   Morgan    Stanley                 (311)
            NuVasive     Inc                   Bank   of  America    Merrill    Lynch
        (6,250)                                               (16,063)
            NuVasive     Inc                   Morgan    Stanley
        (2,544)                                                 738
            Nuvectra     Corp                   Bank   of  America    Merrill    Lynch
       (14,591)                                                (17,217)
            NVE  Corp                      Bank   of  America    Merrill    Lynch
       (24,419)                                               (283,260)
            nVent   Electric     Plc                Goldman    Sachs
       (17,193)                                                (1,633)
            NVIDIA    Corp                    Goldman    Sachs
        3,842                                               37,182
            NVIDIA    Corp                    Bank   of  America    Merrill    Lynch
        3,962                                              (173,773)
            NVIDIA    Corp                    Morgan    Stanley
        4,855                                               65,688
            NVR  Inc                      Bank   of  America    Merrill    Lynch
         (137)                                              (15,756)
            NVR  Inc                      Goldman    Sachs
         (173)                                              (19,897)
            Nymox   Pharmaceutical        Corp             Morgan    Stanley
        56,350                                                2,254
            Nymox   Pharmaceutical        Corp             Bank   of  America    Merrill    Lynch
       133,116                                                (10,649)
            Nymox   Pharmaceutical        Corp             Goldman    Sachs
        37,662                                                (3,013)
            Oak  Valley    Bancorp                  Bank   of  America    Merrill    Lynch
         705                                               1,551
            Oak  Valley    Bancorp                  Goldman    Sachs
        3,770                                                8,294
            Oak  Valley    Bancorp                  Morgan    Stanley
         400                                                480
            Oasis   Midstream     Partners     LP           Bank   of  America    Merrill    Lynch
        42,368                                               (16,947)
            Oasis   Midstream     Partners     LP           Goldman    Sachs
        38,661                                               (15,464)
        42,210    Oasis   Petroleum     Inc               Bank   of  America    Merrill    Lynch       (59,516)
            Oasis   Petroleum     Inc               Goldman    Sachs
       (33,726)                                                 9,932
            Occidental      Petroleum     Corp             Bank   of  America    Merrill    Lynch
        2,439                                               (7,341)
            OceanFirst      Financial     Corp             Bank   of  America    Merrill    Lynch
       (640,603)                                                (140,933)
            Ocular    Therapeutix      Inc              Goldman    Sachs
       (12,578)                                                (15,848)
            Ocular    Therapeutix      Inc              Morgan    Stanley
       (50,599)                                                (46,551)
            Ocwen   Financial     Corp               Bank   of  America    Merrill    Lynch
       (223,712)                                                110,737
            Ocwen   Financial     Corp               Morgan    Stanley
       (207,278)                                                 34,201
            Odonate    Therapeutics       Inc             Bank   of  America    Merrill    Lynch
        1,711                                                (342)
            Odonate    Therapeutics       Inc             Goldman    Sachs
        1,948                                                (390)
            Office    Depot   Inc                 Bank   of  America    Merrill    Lynch
       (18,879)                                                (3,304)
                                164/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Office    Depot   Inc                 Morgan    Stanley
       (155,676)                                                (31,914)
            Office    Depot   Inc                 Goldman    Sachs
       (32,365)                                                (5,664)
            OFG  Bancorp                      Bank   of  America    Merrill    Lynch
        7,136                                               (6,422)
            OFG  Bancorp                      Morgan    Stanley
        15,345                                                (2,455)
            OGE  Energy    Corp                  Goldman    Sachs
        3,819                                                (955)
            OGE  Energy    Corp                  Morgan    Stanley
        1,136                                                 136
            OGE  Energy    Corp                  Bank   of  America    Merrill    Lynch
        64,680                                               (16,170)
            Ohio   Valley    Banc   Corp               Bank   of  America    Merrill    Lynch
        (6,765)                                                (2,435)
            Ohio   Valley    Banc   Corp               Goldman    Sachs
        (2,605)                                                 (938)
            Ohio   Valley    Banc   Corp               Morgan    Stanley
       (25,367)                                                (12,937)
            Oil  States    International       Inc           Bank   of  America    Merrill    Lynch
       (38,731)                                                18,978
            Oil  States    International       Inc           Goldman    Sachs
       (11,136)                                                 2,507
            Oil-Dri    Corp   of  America               Bank   of  America    Merrill    Lynch
        1,044                                               (1,409)
            Oil-Dri    Corp   of  America               Goldman    Sachs
        2,486                                               (3,356)
            Okta   Inc                     Bank   of  America    Merrill    Lynch
        (6,291)                                               (35,670)
       (16,713)     Okta   Inc                     Morgan    Stanley               (194,539)
            Old  Dominion     Freight    Line   Inc          Bank   of  America    Merrill    Lynch
        (5,145)                                                (5,505)
            Old  Dominion     Freight    Line   Inc          Morgan    Stanley
        (1,458)                                               (11,810)
            Old  National     Bancorp/IN                 Goldman    Sachs
       (15,995)                                                (6,078)
            Old  National     Bancorp/IN                 Bank   of  America    Merrill    Lynch
       (19,488)                                                (7,405)
            Old  National     Bancorp/IN                 Morgan    Stanley
       (27,438)                                                (10,152)
            Old  Republic     International       Corp          Bank   of  America    Merrill    Lynch
       (150,920)                                                (18,110)
            Olin   Corp                     Bank   of  America    Merrill    Lynch
        79,527                                                22,268
            Ollie’s     Bargain    Outlet    Holdings     Inc       Bank   of  America    Merrill    Lynch
       (63,939)                                                (5,755)
            Ollie’s     Bargain    Outlet    Holdings     Inc       Morgan    Stanley
        (9,008)                                               (48,733)
            Ollie’s     Bargain    Outlet    Holdings     Inc       Goldman    Sachs
         (437)                                                (39)
            Olympic    Steel   Inc                Bank   of  America    Merrill    Lynch
        5,425                                               (3,689)
            Olympic    Steel   Inc                Goldman    Sachs
        7,664                                               (5,212)
            Olympic    Steel   Inc                Morgan    Stanley
        1,047                                                 953
            Omega   Flex   Inc                  Bank   of  America    Merrill    Lynch
        1,040                                               (5,314)
            Omega   Flex   Inc                  Goldman    Sachs
        1,417                                               (7,241)
            Omega   Flex   Inc                  Morgan    Stanley
        2,564                                               (3,026)
            Omega   Healthcare      Investors     Inc  (Reit)        Bank   of  America    Merrill    Lynch
        (2,047)                                                (6,714)
            Omega   Healthcare      Investors     Inc  (Reit)        Goldman    Sachs
       (76,299)                                               (250,261)
          (1)  Omeros    Corp                    Morgan    Stanley                   1
            Omnicell     Inc                   Bank   of  America    Merrill    Lynch
        30,498                                               172,314
            Omnicell     Inc                   Goldman    Sachs
        12,395                                                70,032
            Omnicom    Group   Inc                Goldman    Sachs
        (3,174)                                                 (864)
            Omnicom    Group   Inc                Bank   of  America    Merrill    Lynch
       (28,065)                                                (15,716)
            OMNOVA    Solutions     Inc               Goldman    Sachs
        5,743                                                 (65)
            ON  Semiconductor       Corp               Bank   of  America    Merrill    Lynch
        9,071                                                2,993
            ON  Semiconductor       Corp               Goldman    Sachs
        2,904                                                 958
            ONE  Gas  Inc                   Bank   of  America    Merrill    Lynch
       (16,948)                                                (3,390)
            ONE  Gas  Inc                   Goldman    Sachs
        (5,523)                                                 840
            One  Liberty    Properties      Inc  (Reit)          Morgan    Stanley
        19,431                                                11,076
                                165/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            One  Liberty    Properties      Inc  (Reit)          Bank   of  America    Merrill    Lynch
        79,346                                                4,761
            One  Liberty    Properties      Inc  (Reit)          Goldman    Sachs
        22,035                                                1,322
            OneMain    Holdings     Inc               Bank   of  America    Merrill    Lynch
        35,941                                               (25,878)
            OneSpan    Inc                   Bank   of  America    Merrill    Lynch
       (175,558)                                                 70,223
            OneSpan    Inc                   Goldman    Sachs
        (1,495)                                                 143
            Ooma   Inc                     Bank   of  America    Merrill    Lynch
        95,335                                               111,542
            Ooma   Inc                     Goldman    Sachs
        54,716                                                64,018
            Ooma   Inc                     Morgan    Stanley
        19,393                                                28,120
            OPKO   Health    Inc                 Bank   of  America    Merrill    Lynch
       (40,562)                                                (4,056)
            OPKO   Health    Inc                 Bank   of  America    Merrill    Lynch
        17,135                                                1,714
            OPKO   Health    Inc                 Goldman    Sachs
        22,507                                                2,251
            OPKO   Health    Inc                 Morgan    Stanley
        9,213                                                1,750
            Oppenheimer      Holdings     Inc   ‘A’          Goldman    Sachs
         (843)                                               1,256
            OptimizeRx      Corp                  Morgan    Stanley
        (3,495)                                                (5,942)
            Opus   Bank                     Bank   of  America    Merrill    Lynch
       (37,532)                                                (52,920)
       (261,135)      ORBCOMM    Inc                   Bank   of  America    Merrill    Lynch       (3,917)
            Orbotech     Ltd                   Goldman    Sachs
        21,325                                                83,168
            Orbotech     Ltd                   Morgan    Stanley
        11,294                                                30,720
            Orchid    Island    Capital    Inc  (Reit)          Morgan    Stanley
        (4,563)                                                 (205)
            Orchid    Island    Capital    Inc  (Reit)          Goldman    Sachs
       (13,473)                                                (1,684)
            Origin    Bancorp    Inc                Goldman    Sachs
         (959)                                                336
            Orion   Group   Holdings     Inc             Goldman    Sachs
       (12,364)                                                  252
            Oritani    Financial     Corp              Bank   of  America    Merrill    Lynch
       (349,774)                                                (87,444)
            Oritani    Financial     Corp              Goldman    Sachs
       (26,172)                                                (6,506)
            Ormat   Technologies       Inc              Bank   of  America    Merrill    Lynch
       (175,572)                                                (693,509)
            Ormat   Technologies       Inc              Morgan    Stanley
       (42,697)                                               (125,529)
            Orrstown     Financial     Services     Inc         Bank   of  America    Merrill    Lynch
        1,536                                               (1,567)
            Orrstown     Financial     Services     Inc         Goldman    Sachs
        3,934                                               (4,013)
            Orrstown     Financial     Services     Inc         Morgan    Stanley
        1,052                                                 368
            Orthofix     Medical    Inc               Bank   of  America    Merrill    Lynch
       (75,852)                                                (75,852)
            Oshkosh    Corp                   Goldman    Sachs
        2,066                                                4,442
            Oshkosh    Corp                   Morgan    Stanley
        95,394                                               214,637
            Oshkosh    Corp                   Bank   of  America    Merrill    Lynch
        29,199                                                62,778
            OSI  Systems    Inc                 Goldman    Sachs
        6,945                                               (18,335)
       101,599     OSI  Systems    Inc                 Bank   of  America    Merrill    Lynch      (268,221)
            Otonomy    Inc                   Goldman    Sachs
        65,643                                                (1,969)
            Otonomy    Inc                   Morgan    Stanley
        52,323                                                (6,279)
            Otonomy    Inc                   Bank   of  America    Merrill    Lynch
        87,702                                                (2,631)
            Outfront     Media   Inc  (Reit)              Bank   of  America    Merrill    Lynch
        54,090                                                1,623
            Overseas     Shipholding      Group    ‘A’         Bank   of  America    Merrill    Lynch
       (50,228)                                                (1,292)
            Overstock.com       Inc                Goldman    Sachs
        8,116                                                7,251
            Ovid   therapeutics       Inc              Bank   of  America    Merrill    Lynch
        16,131                                                (8,388)
            Ovid   therapeutics       Inc              Goldman    Sachs
        6,788                                               (3,530)
            Ovid   therapeutics       Inc              Morgan    Stanley
        9,914                                               (2,379)
            Owens   & Minor   Inc                Morgan    Stanley
        11,906                                               (10,239)
                                166/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Owens   Realty    Mortgage     Inc  (Reit)          Morgan    Stanley
       (53,268)                                                (9,588)
            Owens   Realty    Mortgage     Inc  (Reit)          Goldman    Sachs
       (20,003)                                                (7,801)
            Owens   Realty    Mortgage     Inc  (Reit)          Bank   of  America    Merrill    Lynch
       (59,057)                                                (23,032)
            Owens-Illinois        Inc                Bank   of  America    Merrill    Lynch
       (65,732)                                                (21,692)
            Oxford    Immunotec     Global    Plc           Bank   of  America    Merrill    Lynch
        28,785                                                2,015
            Oxford    Immunotec     Global    Plc           Goldman    Sachs
        3,367                                                 236
            Oxford    Industries      Inc              Goldman    Sachs
        (9,282)                                                70,450
            Oxford    Industries      Inc              Morgan    Stanley
       (27,323)                                                (34,427)
            PACCAR    Inc                    Bank   of  America    Merrill    Lynch
        80,550                                                73,301
            PACCAR    Inc                    Goldman    Sachs
        7,052                                                6,417
            Pacific    Ethanol    Inc               Bank   of  America    Merrill    Lynch
       217,425                                                (8,697)
            Pacific    Ethanol    Inc               Goldman    Sachs
        82,793                                                (3,312)
            Pacific    Ethanol    Inc               Morgan    Stanley
        24,171                                                2,175
            Pacific    Mercantile      Bancorp              Bank   of  America    Merrill    Lynch
        25,178                                                (5,036)
            Pacific    Mercantile      Bancorp              Goldman    Sachs
        19,184                                                (3,837)
        10,076    Pacific    Mercantile      Bancorp              Morgan    Stanley                (2,116)
            Pacific    Premier    Bancorp    Inc           Bank   of  America    Merrill    Lynch
       (21,574)                                                (11,650)
            Packaging     Corp   of  America              Bank   of  America    Merrill    Lynch
        42,224                                                39,268
            PacWest    Bancorp                   Bank   of  America    Merrill    Lynch
        4,775                                               (3,438)
            PacWest    Bancorp                   Goldman    Sachs
        27,835                                               (19,730)
            PacWest    Bancorp                   Morgan    Stanley
        35,338                                                27,564
            Pagseguro     Digital    Ltd   ‘A’            Morgan    Stanley
       (48,434)                                                (26,154)
            Palo   Alto   Networks     Inc              Bank   of  America    Merrill    Lynch
        8,965                                               72,617
            Palo   Alto   Networks     Inc              Morgan    Stanley
        4,350                                               61,205
            PAM  Transportation        Services     Inc         Goldman    Sachs
         (420)                                               2,919
            PAM  Transportation        Services     Inc         Morgan    Stanley
        (5,006)                                                5,156
            Panhandle     Oil  and  Gas  Inc   ‘A’          Bank   of  America    Merrill    Lynch
       (31,171)                                                12,157
            Panhandle     Oil  and  Gas  Inc   ‘A’          Goldman    Sachs
        (7,986)                                                1,141
            Papa   John’s    International       Inc          Bank   of  America    Merrill    Lynch
       (50,216)                                                538,818
            Papa   John’s    International       Inc          Goldman    Sachs
       (17,876)                                                191,809
            Papa   John’s    International       Inc          Morgan    Stanley
       (11,954)                                                107,347
            Par  Pacific    Holdings     Inc             Bank   of  America    Merrill    Lynch
       335,977                                                110,872
            PAR  Technology      Corp                Bank   of  America    Merrill    Lynch
       (63,506)                                               (200,044)
            PAR  Technology      Corp                Goldman    Sachs
        (1,039)                                                (3,273)
        30,945    Paramount     Group   Inc  (Reit)             Goldman    Sachs                  －
            Paramount     Group   Inc  (Reit)             Morgan    Stanley
        92,878                                                13,932
            Paramount     Group   Inc  (Reit)             Bank   of  America    Merrill    Lynch
       581,122                                                  －
            Paratek    Pharmaceuticals        Inc           Goldman    Sachs
       (171,311)                                                 (6,852)
            Paratek    Pharmaceuticals        Inc           Bank   of  America    Merrill    Lynch
       (36,434)                                                (1,457)
            Paratek    Pharmaceuticals        Inc           Morgan    Stanley
       (32,470)                                                (5,520)
            Pareteum     Corp                   Morgan    Stanley
          (8)                                                1
            Park   Electrochemical        Corp             Bank   of  America    Merrill    Lynch
       (165,523)                                                 41,381
            Park   Hotels    & Resorts    Inc  (Reit)          Goldman    Sachs
        41,801                                                (5,283)
            Park   Hotels    & Resorts    Inc  (Reit)          Bank   of  America    Merrill    Lynch
       120,809                                                (54,364)
            Park-Ohio     Holdings     Corp              Bank   of  America    Merrill    Lynch
        14,542                                               (28,939)
                                167/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Park-Ohio     Holdings     Corp              Goldman    Sachs
        15,219                                               (30,286)
            Park-Ohio     Holdings     Corp              Morgan    Stanley
        3,839                                               (3,685)
            Parke   Bancorp    Inc                Bank   of  America    Merrill    Lynch
       (18,718)                                                14,039
            Parker-Hannifin        Corp               Bank   of  America    Merrill    Lynch
        17,311                                               (20,427)
            Parker-Hannifin        Corp               Goldman    Sachs
        6,846                                               (8,078)
            Parsley    Energy    Inc   ‘A’             Bank   of  America    Merrill    Lynch
        53,072                                               (90,222)
            Party   City   Holdco    Inc              Morgan    Stanley
       (131,709)                                                (90,879)
            Party   City   Holdco    Inc              Bank   of  America    Merrill    Lynch
       (55,390)                                                (16,806)
            Party   City   Holdco    Inc              Goldman    Sachs
       (23,635)                                                 (709)
            Patrick    Industries      Inc              Bank   of  America    Merrill    Lynch
        (3,462)                                                7,132
            Patrick    Industries      Inc              Goldman    Sachs
        (4,242)                                                3,721
            Pattern    Energy    Group   Inc   ‘A’          Goldman    Sachs
       (17,347)                                                (15,094)
            Pattern    Energy    Group   Inc   ‘A’          Morgan    Stanley
       (50,344)                                                (36,248)
            Patterson     Cos  Inc                Goldman    Sachs
        1,134                                                (578)
            Patterson     Cos  Inc                Morgan    Stanley
         (64)                                                (1)
       (36,000)     Patterson     Cos  Inc                Goldman    Sachs                18,360
            Patterson     Cos  Inc                Morgan    Stanley
        11,664                                                 233
            Patterson     Cos  Inc                Bank   of  America    Merrill    Lynch
       (45,375)                                                23,141
            Patterson-UTI       Energy    Inc             Bank   of  America    Merrill    Lynch
       (15,926)                                                20,385
            Paychex    Inc                   Bank   of  America    Merrill    Lynch
       (11,361)                                                (22,495)
            Paychex    Inc                   Morgan    Stanley
       (16,534)                                                (43,980)
            Paycom    Software     Inc               Goldman    Sachs
         (527)                                               (3,763)
            Paycom    Software     Inc               Morgan    Stanley
        (4,493)                                               (57,016)
            Paylocity     Holding    Corp              Bank   of  America    Merrill    Lynch
        22,204                                                59,285
            Paylocity     Holding    Corp              Morgan    Stanley
        6,210                                               37,695
            Paylocity     Holding    Corp              Goldman    Sachs
        8,297                                               22,153
            PayPal    Holdings     Inc               Bank   of  America    Merrill    Lynch
        (8,057)                                                22,560
            PBF  Energy    Inc   ‘A’               Goldman    Sachs
        (1,263)                                                 402
            PC  Connection      Inc                Bank   of  America    Merrill    Lynch
        71,097                                                21,329
            PC  Connection      Inc                Goldman    Sachs
        20,254                                                6,076
            PC  Connection      Inc                Morgan    Stanley
        7,588                                                3,794
            PC-Tel    Inc                    Morgan    Stanley
        91,810                                                (918)
            PCM  Inc                      Goldman    Sachs
        10,282                                                (1,234)
            PCM  Inc                      Bank   of  America    Merrill    Lynch
        16,529                                                (1,983)
        (3,401)    PCSB   Financial     Corp                Bank   of  America    Merrill    Lynch        (952)
            PDC  Energy    Inc                  Goldman    Sachs
        (1,450)                                                7,033
            PDC  Energy    Inc                  Bank   of  America    Merrill    Lynch
       (34,821)                                                168,882
            PDC  Energy    Inc                  Bank   of  America    Merrill    Lynch
        9,732                                               (47,200)
            PDC  Energy    Inc                  Morgan    Stanley
       (18,824)                                                24,848
            PDF  Solutions     Inc                Bank   of  America    Merrill    Lynch
       115,824                                                (13,899)
            PDF  Solutions     Inc                Goldman    Sachs
        30,878                                                (3,705)
            PDF  Solutions     Inc                Morgan    Stanley
        6,289                                                1,698
            PDL  BioPharma     Inc                Bank   of  America    Merrill    Lynch
       (517,927)                                                (31,076)
            pdvWireless      Inc                 Bank   of  America    Merrill    Lynch
       (53,910)                                               (269,011)
            pdvWireless      Inc                 Morgan    Stanley
        (1,004)                                                (5,010)
                                168/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Peabody    Energy    Corp                Bank   of  America    Merrill    Lynch
       (115,346)                                                495,988
            Peabody    Energy    Corp                Morgan    Stanley
       (98,832)                                                24,708
            Peabody    Energy    Corp                Goldman    Sachs
       (18,033)                                                (12,097)
            Peapack    Gladstone     Financial     Corp         Bank   of  America    Merrill    Lynch
       (10,238)                                                (2,969)
            Peapack    Gladstone     Financial     Corp         Goldman    Sachs
        (7,479)                                                (3,960)
            Pebblebrook      Hotel   Trust   (Reit)           Morgan    Stanley
       (36,208)                                                22,811
            Pebblebrook      Hotel   Trust   (Reit)           Bank   of  America    Merrill    Lynch
       (25,276)                                                17,944
            Pegasystems      Inc                 Morgan    Stanley
        (4,724)                                               (12,708)
            Penns   Woods   Bancorp    Inc             Morgan    Stanley
        (9,615)                                                (5,000)
            Pennsylvania       Real   Estate    Investment      Trust
                                    Goldman    Sachs
        11,331                                                1,813
            (Reit)
            Penske    Automotive      Group   Inc           Goldman    Sachs
        5,809                                               (1,222)
        71,870    Penske    Automotive      Group   Inc           Bank   of  America    Merrill    Lynch       (5,577)
            Penske    Automotive      Group   Inc           Morgan    Stanley
        4,003                                               (2,593)
            Penumbra     Inc                   Bank   of  America    Merrill    Lynch
        (1,193)                                                (4,867)
            Penumbra     Inc                   Goldman    Sachs
        (6,219)                                               (25,374)
            People’s     United    Financial     Inc          Bank   of  America    Merrill    Lynch
       (20,263)                                                (9,929)
            People’s     Utah   Bancorp                Goldman    Sachs
        9,803                                               (6,470)
            People’s     Utah   Bancorp                Bank   of  America    Merrill    Lynch
        10,477                                                (6,915)
            People’s     Utah   Bancorp                Morgan    Stanley
        2,965                                               (1,660)
            Peoples    Bancorp    Inc/OH               Bank   of  America    Merrill    Lynch
        7,509                                                3,079
            Peoples    Bancorp    Inc/OH               Goldman    Sachs
         761                                                312
            Peoples    Bancorp    Inc/OH               Morgan    Stanley
        5,121                                                2,202
            PepsiCo    Inc                   Morgan    Stanley
       (55,324)                                               (188,655)
            Performance      Food   Group   Co            Goldman    Sachs
       (18,119)                                                (26,827)
            Performance      Food   Group   Co            Morgan    Stanley
       (16,009)                                                (13,448)
            PerkinElmer      Inc                 Bank   of  America    Merrill    Lynch
        (1,320)                                                (7,128)
            PerkinElmer      Inc                 Goldman    Sachs
        (1,579)                                                (2,618)
            Perrigo    Co  Plc                  Goldman    Sachs
        (7,876)                                                (2,875)
            Perspecta     Inc                  Bank   of  America    Merrill    Lynch
        92,154                                               (137,770)
            Perspecta     Inc                  Morgan    Stanley
        13,049                                                (4,371)
            Perspecta     Inc                  Goldman    Sachs
        26,365                                               (39,416)
            PetIQ   Inc                    Bank   of  America    Merrill    Lynch
        17,952                                                40,392
            PetIQ   Inc                    Goldman    Sachs
        8,822                                               21,340
            PetMed    Express    Inc                Bank   of  America    Merrill    Lynch
        18,671                                               (64,415)
            PetMed    Express    Inc                Goldman    Sachs
        6,194                                               (21,369)
            PetMed    Express    Inc                Morgan    Stanley
        2,500                                               (2,475)
            Petroleo     Brasileiro      SA  ADR            Goldman    Sachs
       (25,422)                                                16,016
            Petroleo     Brasileiro      SA  ADR            Morgan    Stanley
       (92,044)                                                (12,886)
            Pfizer    Inc                    Bank   of  America    Merrill    Lynch
       (241,197)                                                (640,378)
            PG&E   Corp                     Bank   of  America    Merrill    Lynch
       (57,734)                                               (527,111)
            PGT  Innovations      Inc               Bank   of  America    Merrill    Lynch
       126,297                                                (7,578)
            Philip    Morris    International       Inc         Goldman    Sachs
       (21,108)                                                (25,330)
            Philip    Morris    International       Inc         Morgan    Stanley
       (29,487)                                                (87,871)
            Phillips     66                   Bank   of  America    Merrill    Lynch
        25,753                                               (105,845)
            Physicians      Realty    Trust   (Reit)           Bank   of  America    Merrill    Lynch
        56,646                                                58,345
                                169/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Physicians      Realty    Trust   (Reit)           Goldman    Sachs
        38,658                                                39,818
            PICO   Holdings     Inc                Bank   of  America    Merrill    Lynch
       (16,580)                                                (3,648)
            Piedmont     Office    Realty    Trust   Inc   ‘A’
                                    Bank   of  America    Merrill    Lynch
       (23,046)                                                 3,226
            (Reit)
            Pier   1 Imports    Inc                Bank   of  America    Merrill    Lynch
       (582,111)                                                 58,211
            Pieris    Pharmaceuticals        Inc            Bank   of  America    Merrill    Lynch
       (10,041)                                                (1,004)
            Pilgrim’s      Pride   Corp               Bank   of  America    Merrill    Lynch
        55,585                                                40,577
            Pinnacle     Financial     Partners     Inc         Morgan    Stanley
        40,843                                                94,756
            Pinnacle     Financial     Partners     Inc         Goldman    Sachs
        26,613                                                87,291
            Pinnacle     Financial     Partners     Inc         Bank   of  America    Merrill    Lynch
        39,658                                               130,078
            Pinnacle     West   Capital    Corp            Bank   of  America    Merrill    Lynch
        99,417                                               (19,883)
            Pinnacle     West   Capital    Corp            Morgan    Stanley
        42,971                                                9,883
        83,267    Pioneer    Energy    Services     Corp           Bank   of  America    Merrill    Lynch       (24,147)
            Piper   Jaffray    Cos                Morgan    Stanley
       (15,696)                                                (2,982)
            Piper   Jaffray    Cos                Goldman    Sachs
         (374)                                                 15
            Pitney    Bowes   Inc                 Bank   of  America    Merrill    Lynch
       (319,604)                                                 (6,392)
            Pivotal    Software     Inc   ‘A’            Bank   of  America    Merrill    Lynch
        26,050                                                (3,387)
            PJT  Partners     Inc   ‘A’              Bank   of  America    Merrill    Lynch
        (5,011)                                                (5,211)
            Plains    GP  Holdings     LP  ‘A’            Bank   of  America    Merrill    Lynch
       114,365                                                48,033
            Planet    Fitness    Inc   ‘A’             Bank   of  America    Merrill    Lynch
        53,021                                                95,438
            Platform     Specialty     Products     Corp         Bank   of  America    Merrill    Lynch
        (8,205)                                                (3,774)
            Playa   Hotels    & Resorts    NV            Bank   of  America    Merrill    Lynch
        25,567                                               (12,784)
            Playa   Hotels    & Resorts    NV            Goldman    Sachs
        5,557                                               (2,779)
            PlayAGS    Inc                   Bank   of  America    Merrill    Lynch
        (2,089)                                                 (439)
            Plexus    Corp                    Goldman    Sachs
        (2,508)                                                (5,342)
            Plexus    Corp                    Bank   of  America    Merrill    Lynch
       (34,902)                                                (74,341)
            Plexus    Corp                    Morgan    Stanley
       (46,574)                                               (102,463)
            Pluralsight      Inc   ‘A’               Goldman    Sachs
        (1,881)                                                (4,816)
            PNM  Resources     Inc                Goldman    Sachs
        30,958                                                11,145
            PNM  Resources     Inc                Morgan    Stanley
        71,796                                                16,513
            PNM  Resources     Inc                Bank   of  America    Merrill    Lynch
        81,453                                                29,323
            Polaris    Industries      Inc              Goldman    Sachs
        (1,215)                                                 (207)
            Polaris    Industries      Inc              Morgan    Stanley
       (19,459)                                                (18,681)
            PolyOne    Corp                   Morgan    Stanley
        (1,556)                                                 (78)
            Ponce   de  Leon   Federal    Bank            Morgan    Stanley
        (4,542)                                                 318
            Pool   Corp                     Goldman    Sachs
        (1,237)                                               (11,727)
            Pool   Corp                     Morgan    Stanley
        (6,067)                                               (45,563)
            Pool   Corp                     Bank   of  America    Merrill    Lynch
       (10,162)                                                (96,336)
            Popular    Inc                   Bank   of  America    Merrill    Lynch
       (19,791)                                                30,874
            Popular    Inc                   Morgan    Stanley
       (30,103)                                                (33,414)
            Portland     General    Electric     Co          Goldman    Sachs
        70,631                                                 219
            Portland     General    Electric     Co          Morgan    Stanley
        69,326                                                14,866
            Portland     General    Electric     Co          Bank   of  America    Merrill    Lynch
       179,063                                                (5,372)
            Portland     General    Electric     Co          Goldman    Sachs
        (4,151)                                                1,045
            Portola    Pharmaceuticals        Inc           Bank   of  America    Merrill    Lynch
        (4,864)                                                (4,402)
            Portola    Pharmaceuticals        Inc           Bank   of  America    Merrill    Lynch
        25,504                                                23,081
                                170/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Post   Holdings     Inc                Morgan    Stanley
        15,708                                                61,732
            Potbelly     Corp                   Bank   of  America    Merrill    Lynch
       (162,112)                                                 69,708
            PotlatchDeltic        Corp   (Reit)             Bank   of  America    Merrill    Lynch
         (835)                                                (134)
            PotlatchDeltic        Corp   (Reit)             Goldman    Sachs
        (2,926)                                                (1,360)
            PotlatchDeltic        Corp   (Reit)             Morgan    Stanley
        85,666                                               113,079
            PotlatchDeltic        Corp   (Reit)             Bank   of  America    Merrill    Lynch
        65,390                                                10,462
            PotlatchDeltic        Corp   (Reit)             Goldman    Sachs
        17,141                                                2,743
            Powell    Industries      Inc              Bank   of  America    Merrill    Lynch
       (49,153)                                                92,899
            Power   Integrations       Inc              Bank   of  America    Merrill    Lynch
        (4,168)                                                (6,961)
            Power   Integrations       Inc              Morgan    Stanley
       (20,497)                                                (40,379)
            Power   Integrations       Inc              Goldman    Sachs
       (28,488)                                                (53,053)
            PPG  Industries      Inc                Morgan    Stanley
       (33,348)                                                (60,026)
            PPG  Industries      Inc                Bank   of  America    Merrill    Lynch
       (42,910)                                                (86,249)
            PPL  Corp                      Bank   of  America    Merrill    Lynch
        16,235                                                  －
            PRA  Group   Inc                  Bank   of  America    Merrill    Lynch
       (16,023)                                                (5,929)
       (95,459)     PRA  Group   Inc                  Goldman    Sachs               (60,911)
            PRA  Group   Inc                  Morgan    Stanley
       (71,646)                                                (42,988)
            PRA  Health    Sciences     Inc             Goldman    Sachs
         (557)                                              (12,116)
            PRA  Health    Sciences     Inc             Morgan    Stanley
        (2,155)                                               (36,807)
            Precision     Drilling     Corp              Goldman    Sachs
       (66,309)                                                17,968
            Precision     Drilling     Corp              Morgan    Stanley
       (86,471)                                                31,662
            Premier    Inc   ‘A’                 Goldman    Sachs
        (2,769)                                                 803
            Presidio     Inc                   Bank   of  America    Merrill    Lynch
       (126,509)                                                (92,352)
            Presidio     Inc                   Morgan    Stanley
       (51,834)                                                (39,394)
            Prestige     Consumer     Healthcare      Inc         Goldman    Sachs
        10,337                                                13,335
            Prestige     Consumer     Healthcare      Inc         Morgan    Stanley
        20,886                                                23,810
            Prestige     Consumer     Healthcare      Inc         Bank   of  America    Merrill    Lynch
        21,808                                                28,132
            PriceSmart      Inc                  Goldman    Sachs
       (17,176)                                                (8,416)
            PriceSmart      Inc                  Bank   of  America    Merrill    Lynch
       (43,259)                                                (21,197)
            PriceSmart      Inc                  Morgan    Stanley
       (14,041)                                                (9,969)
            Primerica     Inc                  Bank   of  America    Merrill    Lynch
       (24,873)                                                (68,152)
            Primo   Water   Corp                 Bank   of  America    Merrill    Lynch
       (30,428)                                                (13,388)
            Primo   Water   Corp                 Goldman    Sachs
       (72,189)                                                (29,528)
            Principal     Financial     Group   Inc          Morgan    Stanley
        23,917                                                20,569
        6,848    Principia     Biopharma     Inc             Goldman    Sachs                9,245
            ProAssurance       Corp                 Bank   of  America    Merrill    Lynch
       (138,718)                                                 62,423
            Procter    & Gamble    Co/The               Goldman    Sachs
       (96,194)                                                78,879
            Procter    & Gamble    Co/The               Bank   of  America    Merrill    Lynch
       (78,242)                                                64,158
            Procter    & Gamble    Co/The               Morgan    Stanley
        (9,718)                                               (14,285)
            Progress     Software     Corp              Goldman    Sachs
        2,017                                                4,115
            Progressive      Corp/The                 Goldman    Sachs
        38,057                                               (17,136)
            Progressive      Corp/The                 Morgan    Stanley
        63,637                                               154,002
            Prologis     Inc  (Reit)                 Goldman    Sachs
        37,531                                                21,924
            Prologis     Inc  (Reit)                 Bank   of  America    Merrill    Lynch
       138,782                                                123,516
            Prologis     Inc  (Reit)                 Morgan    Stanley
        28,734                                                12,357
                                171/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Proofpoint      Inc                  Morgan    Stanley
        2,003                                               13,747
            Proofpoint      Inc                  Bank   of  America    Merrill    Lynch
       (15,560)                                                (87,136)
            ProPetro     Holding    Corp               Bank   of  America    Merrill    Lynch
        97,351                                               (134,344)
            ProPetro     Holding    Corp               Morgan    Stanley
       (60,559)                                                55,109
            PROS   Holdings     Inc                Goldman    Sachs
        2,055                                                4,172
            Prosperity      Bancshares      Inc            Goldman    Sachs
        17,952                                                12,746
            Prosperity      Bancshares      Inc            Bank   of  America    Merrill    Lynch
        14,476                                                10,278
            Prosperity      Bancshares      Inc            Morgan    Stanley
        31,791                                                  －
            Protagonist      Therapeutics       Inc           Bank   of  America    Merrill    Lynch
        26,264                                               (50,952)
            Protagonist      Therapeutics       Inc           Goldman    Sachs
        26,117                                               (50,667)
            Protagonist      Therapeutics       Inc           Morgan    Stanley
        23,466                                               (18,069)
            Protective      Insurance     Corp   ‘B’          Bank   of  America    Merrill    Lynch
        94,615                                               (107,861)
            Protective      Insurance     Corp   ‘B’          Goldman    Sachs
        19,807                                               (22,580)
            Protective      Insurance     Corp   ‘B’          Morgan    Stanley
        9,336                                               (9,243)
            Proteostasis       Therapeutics       Inc          Morgan    Stanley
       (78,282)                                                34,444
        5,838    Prothena     Corp   Plc                Goldman    Sachs                1,172
            Proto   Labs   Inc                  Morgan    Stanley
        (2,232)                                               (13,392)
            Proto   Labs   Inc                  Bank   of  America    Merrill    Lynch
        21,257                                                20,832
            Proto   Labs   Inc                  Goldman    Sachs
        2,399                                                2,351
            Proto   Labs   Inc                  Bank   of  America    Merrill    Lynch
        (5,669)                                                (5,556)
            Providence      Service    Corp/The              Goldman    Sachs
        (6,698)                                               (19,893)
            Providence      Service    Corp/The              Bank   of  America    Merrill    Lynch
       (64,597)                                               (191,853)
            Provident     Bancorp    Inc              Goldman    Sachs
         (400)                                                (620)
            Provident     Bancorp    Inc              Bank   of  America    Merrill    Lynch
       (48,883)                                                (75,769)
            Provident     Financial     Services     Inc         Goldman    Sachs
       (42,733)                                                (6,450)
            Provident     Financial     Services     Inc         Bank   of  America    Merrill    Lynch
       (23,999)                                                (2,640)
            Prudential      Financial     Inc             Goldman    Sachs
        8,453                                               15,745
            Prudential      Financial     Inc             Morgan    Stanley
        31,836                                               100,602
            PS  Business     Parks   Inc  (Reit)            Morgan    Stanley
        (4,589)                                               (14,685)
            PTC  Inc                      Goldman    Sachs
        1,560                                                5,169
            PTC  Inc                      Bank   of  America    Merrill    Lynch
       (15,509)                                                23,264
            PTC  Therapeutics       Inc               Bank   of  America    Merrill    Lynch
       (27,524)                                                (58,076)
            Public    Service    Enterprise      Group   Inc       Bank   of  America    Merrill    Lynch
       (44,880)                                                (12,118)
            Public    Storage    (Reit)                Bank   of  America    Merrill    Lynch
       (34,640)                                               (179,089)
        (4,366)    Public    Storage    (Reit)                Goldman    Sachs               (22,572)
            PulteGroup      Inc                  Goldman    Sachs
       (17,125)                                                (38,528)
            PulteGroup      Inc                  Bank   of  America    Merrill    Lynch
       (96,156)                                               (267,314)
            PulteGroup      Inc                  Morgan    Stanley
       (11,315)                                                (10,976)
            Puma   Biotechnology       Inc              Bank   of  America    Merrill    Lynch
        14,408                                                4,755
            Puma   Biotechnology       Inc              Goldman    Sachs
        14,061                                                4,640
            Pure   Storage    Inc   ‘A’              Goldman    Sachs
        4,229                                               (3,256)
            Pure   Storage    Inc   ‘A’              Bank   of  America    Merrill    Lynch
       156,065                                               (120,170)
            Pure   Storage    Inc   ‘A’              Morgan    Stanley
        40,710                                                55,773
            Pyxus   International       Inc             Bank   of  America    Merrill    Lynch
       (17,308)                                                (10,039)
            Pyxus   International       Inc             Goldman    Sachs
        (8,968)                                                (5,201)
                                172/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Pyxus   International       Inc             Morgan    Stanley
        (4,377)                                                (1,226)
            QCR  Holdings     Inc                 Goldman    Sachs
        21,485                                                (9,668)
            QCR  Holdings     Inc                 Morgan    Stanley
        6,520                                                 326
            QCR  Holdings     Inc                 Bank   of  America    Merrill    Lynch
        80,449                                               (36,202)
            QIAGEN    NV                    Goldman    Sachs
        (1,594)                                                 (845)
            Qorvo   Inc                    Bank   of  America    Merrill    Lynch
       (28,128)                                                (11,111)
            QTS  Realty    Trust   Inc   ‘A’   (Reit)          Bank   of  America    Merrill    Lynch
       105,805                                                212,668
            QTS  Realty    Trust   Inc   ‘A’   (Reit)          Goldman    Sachs
        18,208                                                36,598
            Quaker    Chemical     Corp               Morgan    Stanley
        (8,325)                                                (9,241)
            Qualys    Inc                    Bank   of  America    Merrill    Lynch
       (15,744)                                                (61,244)
            Quanex    Building     Products     Corp           Bank   of  America    Merrill    Lynch
       (65,470)                                                17,022
            Quanta    Services     Inc               Goldman    Sachs
        28,695                                                4,591
            Quanta    Services     Inc               Morgan    Stanley
        3,580                                                2,649
            Quanta    Services     Inc               Bank   of  America    Merrill    Lynch
        29,341                                                4,695
            Quantenna     Communications        Inc           Bank   of  America    Merrill    Lynch
       (16,712)                                                20,890
        18,005    Quest   Diagnostics      Inc              Morgan    Stanley                (28,815)
            Quest   Diagnostics      Inc              Bank   of  America    Merrill    Lynch
        8,158                                               (75,869)
            QuinStreet      Inc                  Bank   of  America    Merrill    Lynch
        23,251                                                8,835
            QuinStreet      Inc                  Goldman    Sachs
        25,250                                                30,621
            QuinStreet      Inc                  Morgan    Stanley
        61,182                                                70,359
            Quorum    Health    Corp                Goldman    Sachs
       (32,740)                                                 8,840
            Quorum    Health    Corp                Morgan    Stanley
       (25,083)                                                (7,274)
            Quorum    Health    Corp                Bank   of  America    Merrill    Lynch
        (9,928)                                                2,681
            Quotient     Technology      Inc             Bank   of  America    Merrill    Lynch
       107,984                                                (56,152)
            Quotient     Technology      Inc             Morgan    Stanley
        8,953                                                5,282
            Quotient     Technology      Inc             Goldman    Sachs
        36,278                                                (3,206)
            Qurate    Retail    Inc                Bank   of  America    Merrill    Lynch
       (88,277)                                                95,339
            R1  RCM  Inc                    Goldman    Sachs
       (51,291)                                                (36,417)
            R1  RCM  Inc                    Bank   of  America    Merrill    Lynch
       (178,838)                                                (126,975)
            R1  RCM  Inc                    Morgan    Stanley
       (34,735)                                                (22,925)
            Ra  Pharmaceuticals        Inc              Goldman    Sachs
        33,748                                                6,075
            Ra  Pharmaceuticals        Inc              Bank   of  America    Merrill    Lynch
        17,650                                                3,177
            Radian    Group   Inc                 Bank   of  America    Merrill    Lynch
        71,544                                               (70,113)
            Radian    Group   Inc                 Goldman    Sachs
        25,693                                               (25,179)
       293,076     Radiant    Logistics     Inc              Bank   of  America    Merrill    Lynch      (211,015)
            Radiant    Logistics     Inc              Morgan    Stanley
        7,977                                               (2,313)
            Ralph   Lauren    Corp                 Morgan    Stanley
        (9,180)                                                24,602
            Rambus    Inc                    Goldman    Sachs
        (4,530)                                                 498
            Rambus    Inc                    Morgan    Stanley
       (55,300)                                                (14,931)
            Rambus    Inc                    Bank   of  America    Merrill    Lynch
       (526,542)                                                 57,920
            Range   Resources     Corp               Bank   of  America    Merrill    Lynch
        47,754                                               (116,520)
            Range   Resources     Corp               Goldman    Sachs
        18,124                                               (44,223)
            Ranger    Energy    Services     Inc            Bank   of  America    Merrill    Lynch
        18,525                                               (14,820)
            Ranger    Energy    Services     Inc            Goldman    Sachs
        9,630                                               (7,704)
            Ranger    Energy    Services     Inc            Morgan    Stanley
        11,885                                                (2,734)
                                173/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Rapid7    Inc                    Morgan    Stanley
       (14,169)                                                (49,592)
            Raven   Industries      Inc               Bank   of  America    Merrill    Lynch
        12,771                                               (50,701)
            Raven   Industries      Inc               Goldman    Sachs
        2,925                                               (11,612)
            Raven   Industries      Inc               Morgan    Stanley
        3,444                                                 723
            Raymond    James   Financial     Inc           Goldman    Sachs
        23,566                                               (27,802)
            Raymond    James   Financial     Inc           Morgan    Stanley
        26,817                                                23,599
            Raymond    James   Financial     Inc           Bank   of  America    Merrill    Lynch
         340                                               (401)
            Raymond    James   Financial     Inc           Bank   of  America    Merrill    Lynch
       (30,858)                                                36,412
            Rayonier     Advanced     Materials     Inc         Bank   of  America    Merrill    Lynch
       (54,239)                                                (9,221)
            Rayonier     Advanced     Materials     Inc         Goldman    Sachs
       (76,783)                                                (15,558)
            Raytheon     Co                   Morgan    Stanley
        14,922                                                (8,953)
            Raytheon     Co                   Bank   of  America    Merrill    Lynch
        49,282                                               (503,662)
            RBC  Bearings     Inc                 Morgan    Stanley
       (10,193)                                                (45,053)
            RBC  Bearings     Inc                 Goldman    Sachs
         999                                              (2,198)
            RE/MAX    Holdings     Inc   ‘A’             Bank   of  America    Merrill    Lynch
        38,612                                               121,628
        10,230    RE/MAX    Holdings     Inc   ‘A’             Goldman    Sachs                32,225
            RE/MAX    Holdings     Inc   ‘A’             Morgan    Stanley
        4,550                                                9,464
            Reading    International       Inc   ‘A’          Bank   of  America    Merrill    Lynch
       (300,154)                                                (27,014)
            Reading    International       Inc   ‘A’          Goldman    Sachs
        (7,400)                                                 (666)
            RealNetworks       Inc                 Bank   of  America    Merrill    Lynch
        36,894                                                10,330
            RealNetworks       Inc                 Goldman    Sachs
        12,370                                                3,464
            RealNetworks       Inc                 Morgan    Stanley
        11,175                                                2,570
            Realogy    Holdings     Corp               Goldman    Sachs
       (32,355)                                                (13,034)
            Realty    Income    Corp   (Reit)              Bank   of  America    Merrill    Lynch
       158,393                                                231,254
            Reata   Pharmaceuticals        Inc   ‘A’          Morgan    Stanley
        (3,772)                                               (10,750)
            Reata   Pharmaceuticals        Inc   ‘A’          Bank   of  America    Merrill    Lynch
        (8,043)                                               (17,212)
            Recro   Pharma    Inc                 Goldman    Sachs
        32,882                                                1,571
            Red  Lion   Hotels    Corp               Bank   of  America    Merrill    Lynch
       (146,607)                                                (10,262)
            Red  Rock   Resorts    Inc   ‘A’            Morgan    Stanley
        (2,560)                                                (6,630)
            Red  Rock   Resorts    Inc   ‘A’            Goldman    Sachs
        (1,451)                                                (5,178)
            Redfin    Corp                    Goldman    Sachs
       (17,138)                                                (32,219)
            Redfin    Corp                    Bank   of  America    Merrill    Lynch
       (24,060)                                                (45,233)
            Redfin    Corp                    Morgan    Stanley
        (1,332)                                                (2,930)
            Redwood    Trust   Inc  (Reit)              Bank   of  America    Merrill    Lynch
       222,975                                                20,068
        25,715    Redwood    Trust   Inc  (Reit)              Goldman    Sachs                2,314
            Redwood    Trust   Inc  (Reit)              Morgan    Stanley
        4,313                                                 86
            Regal   Beloit    Corp                 Goldman    Sachs
        12,325                                                 559
            Regal   Beloit    Corp                 Bank   of  America    Merrill    Lynch
        1,288                                                (193)
            Regal   Beloit    Corp                 Morgan    Stanley
        6,937                                                9,989
            Regency    Centers    Corp   (Reit)             Morgan    Stanley
        10,265                                                6,878
            Regency    Centers    Corp   (Reit)             Goldman    Sachs
        7,225                                                4,543
            Regency    Centers    Corp   (Reit)             Bank   of  America    Merrill    Lynch
        2,463                                                2,241
            Regeneron     Pharmaceuticals        Inc          Bank   of  America    Merrill    Lynch
         105                                               2,017
            Regeneron     Pharmaceuticals        Inc          Goldman    Sachs
         162                                               3,112
            REGENXBIO     Inc                  Goldman    Sachs
        1,225                                               (1,323)
                                174/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Regional     Management      Corp             Goldman    Sachs
        45,985                                               (54,441)
            Regional     Management      Corp             Bank   of  America    Merrill    Lynch
        29,448                                               (35,043)
            Regional     Management      Corp             Morgan    Stanley
        14,756                                                (4,279)
            Regions    Financial     Corp              Goldman    Sachs
        22,288                                                1,004
            Regions    Financial     Corp              Bank   of  America    Merrill    Lynch
        15,717                                                (1,886)
            Regions    Financial     Corp              Morgan    Stanley
        25,031                                                2,085
            Regis   Corp                    Bank   of  America    Merrill    Lynch
       (123,459)                                                 17,284
            Reinsurance      Group   of  America    Inc         Goldman    Sachs
        (7,358)                                                (1,252)
            Reinsurance      Group   of  America    Inc         Morgan    Stanley
        (6,228)                                               (14,511)
            Reliance     Steel   & Aluminum     Co          Bank   of  America    Merrill    Lynch
        53,446                                               (70,549)
            Reliance     Steel   & Aluminum     Co          Goldman    Sachs
        23,594                                               (31,144)
            Reliance     Steel   & Aluminum     Co          Morgan    Stanley
        13,226                                                7,936
            Reliant    Bancorp    Inc               Goldman    Sachs
       (68,468)                                               (188,509)
            Reliant    Bancorp    Inc               Morgan    Stanley
        (1,735)                                                1,024
            Reliant    Bancorp    Inc               Bank   of  America    Merrill    Lynch
       (40,360)                                               (111,394)
       (19,507)     RenaissanceRe       Holdings     Ltd            Goldman    Sachs               (193,705)
            RenaissanceRe       Holdings     Ltd            Bank   of  America    Merrill    Lynch
       (17,486)                                               (173,636)
            RenaissanceRe       Holdings     Ltd            Morgan    Stanley
       (14,100)                                                (10,716)
            Renasant     Corp                   Bank   of  America    Merrill    Lynch
        8,815                                                 353
            Renasant     Corp                   Morgan    Stanley
        14,481                                                2,027
            Renewable     Energy    Group   Inc            Goldman    Sachs
       (10,641)                                                (6,069)
            Rentech    Inc*                   Morgan    Stanley
       (18,799)                                                  －
            Repligen     Corp                   Bank   of  America    Merrill    Lynch
       (29,941)                                                (61,080)
            Republic     Bancorp    Inc/KY    ‘A’           Bank   of  America    Merrill    Lynch
        91,775                                               (101,870)
            Republic     Bancorp    Inc/KY    ‘A’           Goldman    Sachs
        9,191                                               (10,202)
            Republic     Bancorp    Inc/KY    ‘A’           Morgan    Stanley
        13,010                                                (7,546)
            Republic     First   Bancorp    Inc            Goldman    Sachs
        85,656                                                54,820
            Republic     First   Bancorp    Inc            Bank   of  America    Merrill    Lynch
       363,793                                                232,828
            Republic     First   Bancorp    Inc            Morgan    Stanley
        85,636                                                62,514
            Republic     Services     Inc              Goldman    Sachs
        7,563                                                6,667
            Republic     Services     Inc              Bank   of  America    Merrill    Lynch
        79,709                                               133,911
            Republic     Services     Inc              Morgan    Stanley
        12,662                                                17,919
            Research     Frontiers     Inc              Bank   of  America    Merrill    Lynch
       (30,022)                                                (8,406)
            Research     Frontiers     Inc              Morgan    Stanley
       (129,742)                                                (23,354)
        86,471    Resideo    Technologies       Inc             Morgan    Stanley                146,136
            Resideo    Technologies       Inc             Bank   of  America    Merrill    Lynch
        52,336                                               (48,672)
            Resideo    Technologies       Inc             Goldman    Sachs
        77,370                                               (19,271)
            ResMed    Inc                    Goldman    Sachs
         (994)                                               (8,810)
            ResMed    Inc                    Bank   of  America    Merrill    Lynch
        13,195                                                83,788
            ResMed    Inc                    Goldman    Sachs
        4,184                                               26,568
            ResMed    Inc                    Morgan    Stanley
         (624)                                               (4,299)
            Resolute     Energy    Corp               Goldman    Sachs
        (3,637)                                                (3,031)
            Retail    Opportunity      Investments      Corp   (Reit)     Goldman    Sachs
       (73,975)                                                (29,960)
            Retail    Opportunity      Investments      Corp   (Reit)     Morgan    Stanley
       (107,289)                                                (47,744)
            Retail    Properties      of  America    Inc   ‘A’
                                    Goldman    Sachs
       (20,997)                                                (12,598)
            (Reit)
                                175/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Retail    Properties      of  America    Inc   ‘A’
                                    Bank   of  America    Merrill    Lynch
       (521,976)                                                (313,186)
            (Reit)
            Retail    Properties      of  America    Inc   ‘A’
                                    Morgan    Stanley
       (307,243)                                                (193,563)
            (Reit)
            REV  Group   Inc                  Bank   of  America    Merrill    Lynch
       (17,957)                                                (10,774)
            REV  Group   Inc                  Goldman    Sachs
       (178,772)                                                (107,263)
            Revance    Therapeutics       Inc             Bank   of  America    Merrill    Lynch
        76,612                                               (55,161)
            Revance    Therapeutics       Inc             Goldman    Sachs
        20,501                                               (14,761)
            Revance    Therapeutics       Inc             Morgan    Stanley
        24,337                                               (19,713)
            REX  American     Resources     Corp            Bank   of  America    Merrill    Lynch
        17,573                                               (100,869)
            REX  American     Resources     Corp            Goldman    Sachs
        6,721                                               (38,579)
            REX  American     Resources     Corp            Morgan    Stanley
        4,699                                               (9,774)
            Rexford    Industrial      Realty    Inc  (Reit)        Bank   of  America    Merrill    Lynch
       118,222                                                22,462
            Rexnord    Corp                   Goldman    Sachs
       (10,054)                                                10,557
            Rexnord    Corp                   Bank   of  America    Merrill    Lynch
       284,524                                               (298,750)
        4,538    Rexnord    Corp                   Goldman    Sachs                (4,765)
        4,109    Rexnord    Corp                   Morgan    Stanley                 2,260
            Rexnord    Corp                   Morgan    Stanley
       (16,094)                                                (8,852)
                                    Bank   of  America    Merrill    Lynch
        (6,136)    RH                                           29,514
                                    Morgan    Stanley
       (13,052)     RH                                           (58,734)
            Rhythm    Pharmaceuticals        Inc            Bank   of  America    Merrill    Lynch
        17,508                                                27,137
            Rhythm    Pharmaceuticals        Inc            Goldman    Sachs
        1,038                                                1,609
            Rhythm    Pharmaceuticals        Inc            Morgan    Stanley
        3,668                                                1,834
            Ribbon    Communications        Inc            Bank   of  America    Merrill    Lynch
        76,380                                               (32,080)
            Ribbon    Communications        Inc            Goldman    Sachs
        87,426                                               (32,054)
            Ribbon    Communications        Inc            Morgan    Stanley
        24,397                                                (5,611)
            Rigel   Pharmaceuticals        Inc            Goldman    Sachs
        30,294                                                 (362)
            RigNet    Inc                    Morgan    Stanley
        1,883                                                2,222
            RingCentral      Inc   ‘A’               Bank   of  America    Merrill    Lynch
        24,815                                               114,893
            RingCentral      Inc   ‘A’               Morgan    Stanley
          25                                               250
            RingCentral      Inc   ‘A’               Goldman    Sachs
        6,906                                               32,825
            Riverview     Bancorp    Inc              Morgan    Stanley
       102,143                                                (15,321)
            Riverview     Bancorp    Inc              Bank   of  America    Merrill    Lynch
       240,141                                                (67,239)
            Riverview     Bancorp    Inc              Goldman    Sachs
        65,279                                               (17,926)
       (18,664)     RLI  Corp                      Morgan    Stanley                (20,717)
            RLJ  Lodging    Trust   (Reit)              Goldman    Sachs
        13,041                                                4,695
            RLJ  Lodging    Trust   (Reit)              Bank   of  America    Merrill    Lynch
        (9,732)                                                (3,504)
            RMR  Group   Inc/The     ‘A’              Bank   of  America    Merrill    Lynch
       (62,599)                                                261,038
            Robert    Half   International       Inc          Goldman    Sachs
        1,858                                                4,027
            Robert    Half   International       Inc          Bank   of  America    Merrill    Lynch
        38,758                                               (39,921)
            Rocket    Pharmaceuticals        Inc            Morgan    Stanley
       (19,188)                                                (20,531)
            Rockwell     Automation      Inc             Goldman    Sachs
        25,796                                               (27,344)
            Rockwell     Automation      Inc             Bank   of  America    Merrill    Lynch
        25,769                                               (27,315)
            Rockwell     Automation      Inc             Morgan    Stanley
        27,219                                               117,858
            Rocky   Brands    Inc                 Goldman    Sachs
        4,364                                                (218)
            Rocky   Brands    Inc                 Morgan    Stanley
        10,829                                                 108
                                176/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Rocky   Brands    Inc                 Bank   of  America    Merrill    Lynch
        23,097                                                (1,155)
            Rogers    Corp                    Bank   of  America    Merrill    Lynch
       (38,312)                                               (229,489)
            Rogers    Corp                    Morgan    Stanley
       (19,806)                                               (130,720)
            Roku   Inc                     Bank   of  America    Merrill    Lynch
         963                                              (3,399)
            Roku   Inc                     Goldman    Sachs
        2,822                                               (5,286)
            Rollins    Inc                   Bank   of  America    Merrill    Lynch
        32,570                                               102,921
            Rollins    Inc                   Goldman    Sachs
        8,420                                               26,607
            Rollins    Inc                   Morgan    Stanley
        1,438                                                5,824
            Roper   Technologies       Inc              Morgan    Stanley
        2,892                                               26,914
            Roper   Technologies       Inc              Bank   of  America    Merrill    Lynch
        4,898                                                2,939
            Roper   Technologies       Inc              Goldman    Sachs
        2,858                                                7,093
            Rosetta    Stone   Inc                Bank   of  America    Merrill    Lynch
       (39,021)                                                37,850
            Ross   Stores    Inc                 Bank   of  America    Merrill    Lynch
        (9,249)                                                96,745
            Rowan   Cos  Plc   ‘A’                Goldman    Sachs
       (99,082)                                                150,605
            Royal   Caribbean     Cruises    Ltd           Bank   of  America    Merrill    Lynch
        (7,091)                                               (15,600)
       (158,839)      RPC  Inc                      Goldman    Sachs                12,707
            RPC  Inc                      Morgan    Stanley
        (4,611)                                                1,568
            RPM  International       Inc              Goldman    Sachs
        (1,996)                                                (3,593)
            RPM  International       Inc              Morgan    Stanley
       (10,415)                                                (29,162)
            RPT  Realty    (Reit)                  Bank   of  America    Merrill    Lynch
       (566,516)                                                (509,864)
            RR  Donnelley     & Sons   Co             Goldman    Sachs
        21,877                                                1,923
            RTI  Surgical     Inc                 Bank   of  America    Merrill    Lynch
        27,749                                                (6,382)
            RTI  Surgical     Inc                 Morgan    Stanley
        47,801                                                (8,604)
            RTI  Surgical     Inc                 Goldman    Sachs
        39,630                                                (6,345)
            RTW  RetailWinds      Inc               Bank   of  America    Merrill    Lynch
       (231,358)                                                115,679
            Rubicon    Project    Inc/The               Bank   of  America    Merrill    Lynch
        72,640                                                (9,443)
            Rubicon    Project    Inc/The               Goldman    Sachs
        37,405                                                (4,071)
            Rubicon    Project    Inc/The               Morgan    Stanley
        18,873                                                 755
            Rubicon    Technology      Inc              Morgan    Stanley
       (15,293)                                                (9,940)
            Rush   Enterprises      Inc   ‘A’            Bank   of  America    Merrill    Lynch
       104,433                                                (84,591)
            Rush   Enterprises      Inc   ‘A’            Morgan    Stanley
        7,365                                               (4,861)
            Ruth’s    Hospitality      Group   Inc          Bank   of  America    Merrill    Lynch
       117,951                                               (247,697)
            Ruth’s    Hospitality      Group   Inc          Goldman    Sachs
        21,660                                               (45,486)
            Ruth’s    Hospitality      Group   Inc          Morgan    Stanley
        16,436                                                (8,547)
        50,640    Ryder   System    Inc                 Bank   of  America    Merrill    Lynch       29,371
            Ryerson    Holding    Corp               Morgan    Stanley
        3,713                                               (1,225)
            Ryerson    Holding    Corp               Bank   of  America    Merrill    Lynch
        39,692                                               (41,677)
            Ryerson    Holding    Corp               Goldman    Sachs
        14,020                                               (14,721)
            Ryman   Hospitality      Properties      Inc  (Reit)       Bank   of  America    Merrill    Lynch
       138,288                                               (376,143)
            Ryman   Hospitality      Properties      Inc  (Reit)       Goldman    Sachs
        9,265                                               (25,201)
            Ryman   Hospitality      Properties      Inc  (Reit)       Morgan    Stanley
        12,787                                               (25,318)
            S&P  Global    Inc                  Bank   of  America    Merrill    Lynch
        7,872                                                4,802
            S&T  Bancorp    Inc                 Bank   of  America    Merrill    Lynch
       (144,293)                                                (129,864)
            Sabra   Health    Care   REIT   Inc  (Reit)          Goldman    Sachs
        (7,792)                                                (1,013)
            Sabra   Health    Care   REIT   Inc  (Reit)          Bank   of  America    Merrill    Lynch
       (371,924)                                                (48,350)
                                177/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Sabre   Corp                    Goldman    Sachs
       (40,482)                                                (47,364)
            Sabre   Corp                    Bank   of  America    Merrill    Lynch
       (41,157)                                                (48,154)
            Sabre   Corp                    Morgan    Stanley
       (42,807)                                                (53,081)
            Safeguard     Scientifics      Inc            Bank   of  America    Merrill    Lynch
       (406,532)                                                (158,547)
            Saga   Communications        Inc   ‘A’           Morgan    Stanley
       (27,799)                                                (51,706)
            Sage   Therapeutics       Inc              Bank   of  America    Merrill    Lynch
        (6,279)                                               (32,525)
            SailPoint     Technologies       Holding    Inc        Goldman    Sachs
        (8,281)                                                2,108
            SailPoint     Technologies       Holding    Inc        Morgan    Stanley
        (2,834)                                                (2,409)
            SailPoint     Technologies       Holding    Inc        Bank   of  America    Merrill    Lynch
        (5,621)                                                8,881
            salesforce.com        Inc                Bank   of  America    Merrill    Lynch
        11,363                                                88,404
            salesforce.com        Inc                Morgan    Stanley
        13,205                                               240,859
            salesforce.com        Inc                Goldman    Sachs
        56,373                                               439,024
            Sally   Beauty    Holdings     Inc            Morgan    Stanley
        2,613                                                5,174
            Sally   Beauty    Holdings     Inc            Bank   of  America    Merrill    Lynch
       (98,734)                                                (21,721)
            Sanderson     Farms   Inc               Goldman    Sachs
        (7,685)                                               (66,969)
         (679)   Sanderson     Farms   Inc               Morgan    Stanley                (4,020)
            SandRidge     Energy    Inc               Bank   of  America    Merrill    Lynch
       (138,221)                                                128,546
            Sandy   Spring    Bancorp    Inc             Bank   of  America    Merrill    Lynch
        63,200                                               (12,008)
            Sandy   Spring    Bancorp    Inc             Goldman    Sachs
        30,099                                                (5,013)
            Sandy   Spring    Bancorp    Inc             Morgan    Stanley
        11,852                                                2,252
            Sangamo    Therapeutics       Inc             Bank   of  America    Merrill    Lynch
        33,559                                                52,688
            Sangamo    Therapeutics       Inc             Goldman    Sachs
        36,635                                                57,517
            Sarepta    Therapeutics       Inc             Goldman    Sachs
        (2,784)                                               (25,418)
            Sarepta    Therapeutics       Inc             Bank   of  America    Merrill    Lynch
        (2,463)                                               (22,487)
            Saul   Centers    Inc  (Reit)               Bank   of  America    Merrill    Lynch
       (83,198)                                                 (832)
            SBA  Communications        Corp   (Reit)           Bank   of  America    Merrill    Lynch
        (2,921)                                                1,285
            ScanSource      Inc                  Goldman    Sachs
        29,874                                               (53,773)
            ScanSource      Inc                  Morgan    Stanley
        21,844                                                17,257
            ScanSource      Inc                  Bank   of  America    Merrill    Lynch
       115,261                                               (207,470)
            Schlumberger       Ltd                 Bank   of  America    Merrill    Lynch
       (89,613)                                                296,619
            Schneider     National     Inc   ‘B’           Goldman    Sachs
        7,901                                               (1,819)
            Schneider     National     Inc   ‘B’           Bank   of  America    Merrill    Lynch
       186,296                                                (42,848)
            Schneider     National     Inc   ‘B’           Morgan    Stanley
        20,356                                                6,717
            Schnitzer     Steel   Industries      Inc   ‘A’       Bank   of  America    Merrill    Lynch
        32,089                                               (17,970)
        (1,701)    Scholastic      Corp                  Bank   of  America    Merrill    Lynch         757
            Scholastic      Corp                  Goldman    Sachs
        (3,669)                                                1,633
            Science    Applications       International       Corp      Bank   of  America    Merrill    Lynch
       (10,075)                                                 3,728
            Scientific      Games   Corp/DE     ‘A’          Bank   of  America    Merrill    Lynch
       (42,661)                                                45,647
            Scientific      Games   Corp/DE     ‘A’          Goldman    Sachs
       (34,900)                                                (7,200)
            Scotts    Miracle-Gro      Co/The              Bank   of  America    Merrill    Lynch
       (23,255)                                                72,556
            Scotts    Miracle-Gro      Co/The              Morgan    Stanley
        9,611                                                3,460
            Seaboard     Corp                   Bank   of  America    Merrill    Lynch
        (1,218)                                               (267,607)
            Seacoast     Banking    Corp   of  Florida           Morgan    Stanley
       (38,503)                                                (84,322)
            Seadrill     Ltd                   Goldman    Sachs
        35,072                                               (82,419)
            Seadrill     Ltd                   Bank   of  America    Merrill    Lynch
        3,102                                               (7,290)
                                178/242



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                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Seadrill     Ltd                   Morgan    Stanley
        26,863                                                (1,612)
            Seagate    Technology      Plc              Goldman    Sachs
       (15,091)                                                29,578
            Sealed    Air  Corp                  Bank   of  America    Merrill    Lynch
       (47,487)                                                (6,648)
            Sealed    Air  Corp                  Morgan    Stanley
       (23,473)                                                18,778
            Sealed    Air  Corp                  Goldman    Sachs
       (39,590)                                                (5,543)
            Sears   Hometown     and  Outlet    Stores    Inc       Bank   of  America    Merrill    Lynch
        17,432                                                (4,358)
            Sears   Hometown     and  Outlet    Stores    Inc       Morgan    Stanley
        33,246                                                (6,649)
            SeaSpine     Holdings     Corp              Morgan    Stanley
         984                                                964
            SeaSpine     Holdings     Corp              Bank   of  America    Merrill    Lynch
        35,891                                                76,807
            Seattle    Genetics     Inc               Bank   of  America    Merrill    Lynch
        (5,890)                                               (43,292)
            SeaWorld     Entertainment       Inc            Bank   of  America    Merrill    Lynch
        38,325                                               124,556
            SeaWorld     Entertainment       Inc            Morgan    Stanley
        53,341                                                93,880
            SecureWorks      Corp   ‘A’              Morgan    Stanley
       (17,692)                                                (43,522)
            SecureWorks      Corp   ‘A’              Bank   of  America    Merrill    Lynch
        (1,692)                                                (3,875)
            SEI  Investments      Co               Bank   of  America    Merrill    Lynch
        61,582                                               (54,795)
        11,564    SEI  Investments      Co               Goldman    Sachs                (6,545)
            SEI  Investments      Co               Morgan    Stanley
        3,550                                                3,869
            Select    Bancorp    Inc                Bank   of  America    Merrill    Lynch
        26,979                                                14,838
            Select    Bancorp    Inc                Goldman    Sachs
        10,423                                                5,733
            Select    Bancorp    Inc                Morgan    Stanley
        10,020                                                7,515
            Select    Energy    Services     Inc   ‘A’         Bank   of  America    Merrill    Lynch
        4,899                                               (2,205)
            Select    Energy    Services     Inc   ‘A’         Goldman    Sachs
        12,541                                                (5,643)
            Select    Energy    Services     Inc   ‘A’         Morgan    Stanley
        6,857                                               (2,126)
            Select    Interior     Concepts     Inc   ‘A’        Bank   of  America    Merrill    Lynch
        10,340                                                4,653
            Select    Interior     Concepts     Inc   ‘A’        Goldman    Sachs
         404                                                182
            Select    Medical    Holdings     Corp           Bank   of  America    Merrill    Lynch
       111,180                                                (32,242)
            Select    Medical    Holdings     Corp           Morgan    Stanley
        7,322                                                2,929
            Select    Medical    Holdings     Corp           Goldman    Sachs
        10,113                                                (2,933)
            Selecta    Biosciences      Inc             Goldman    Sachs
        12,472                                                3,563
            Selective     Insurance     Group   Inc          Goldman    Sachs
        16,503                                                23,434
            Selective     Insurance     Group   Inc          Morgan    Stanley
        16,643                                                33,952
            SemGroup     Corp   ‘A’                Morgan    Stanley
        1,845                                                (148)
            SemGroup     Corp   ‘A’                Goldman    Sachs
        1,210                                               (1,258)
            Sempra    Energy                    Goldman    Sachs
        (3,974)                                                 247
       (42,124)     Sempra    Energy                    Bank   of  America    Merrill    Lynch       (79,614)
            Sempra    Energy                    Morgan    Stanley
       (21,470)                                                (16,317)
            Semtech    Corp                   Bank   of  America    Merrill    Lynch
        (8,721)                                               (25,640)
            Semtech    Corp                   Morgan    Stanley
        1,121                                                6,822
            SendGrid     Inc                   Goldman    Sachs
        (4,184)                                               (14,739)
            SendGrid     Inc                   Morgan    Stanley
         (835)                                               (5,377)
            Senior    Housing    Properties      Trust   (Reit)       Bank   of  America    Merrill    Lynch
       (106,165)                                                150,754
            Sensata    Technologies       Holding    Plc         Goldman    Sachs
       (20,548)                                                42,534
            Sensata    Technologies       Holding    Plc         Morgan    Stanley
       (22,755)                                                28,444
            Senseonics      Holdings     Inc             Bank   of  America    Merrill    Lynch
        (8,629)                                                (3,538)
            Sensient     Technologies       Corp            Bank   of  America    Merrill    Lynch
       (53,814)                                                91,484
                                179/242



                                                           EDINET提出書類
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                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
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                                                    （米ドル）
            米国（続き）
            Sensient     Technologies       Corp            Morgan    Stanley
        (1,216)                                                 (401)
            Seres   Therapeutics       Inc              Bank   of  America    Merrill    Lynch
        35,936                                                16,531
            Seres   Therapeutics       Inc              Goldman    Sachs
        40,099                                                18,446
            Seres   Therapeutics       Inc              Morgan    Stanley
        16,612                                                10,798
            Seritage     Growth    Properties      ‘A’   (Reit)       Goldman    Sachs
       (167,303)                                                (234,000)
            Service    Corp   International/US                 Goldman    Sachs
       (36,213)                                                (72,064)
            Service    Corp   International/US                 Bank   of  America    Merrill    Lynch
       (46,528)                                                (92,591)
            Service    Corp   International/US                 Morgan    Stanley
       (41,415)                                                (98,154)
            ServiceMaster       Global    Holdings     Inc        Goldman    Sachs
       (27,753)                                                (31,203)
            ServiceMaster       Global    Holdings     Inc        Bank   of  America    Merrill    Lynch
        8,337                                               14,048
            ServiceMaster       Global    Holdings     Inc        Morgan    Stanley
        (3,507)                                                (6,996)
            ServiceNow      Inc                  Morgan    Stanley
        6,335                                               138,737
            ServiceSource       International       Inc         Morgan    Stanley
        62,393                                                 624
            ServiceSource       International       Inc         Bank   of  America    Merrill    Lynch
       143,449                                                  －
            ServiceSource       International       Inc         Goldman    Sachs
        80,728                                                  －
        2,008    ServisFirst      Bancshares      Inc            Goldman    Sachs                2,942
            ServisFirst      Bancshares      Inc            Bank   of  America    Merrill    Lynch
        29,668                                                43,464
            Shake   Shack   Inc   ‘A’               Goldman    Sachs
       (11,907)                                                (45,604)
            Shake   Shack   Inc   ‘A’               Bank   of  America    Merrill    Lynch
        (5,865)                                               (16,701)
            Shenandoah      Telecommunications          Co        Bank   of  America    Merrill    Lynch
       (30,192)                                                (97,973)
            Sherwin-Williams         Co/The               Bank   of  America    Merrill    Lynch
        (6,938)                                                1,110
            Sherwin-Williams         Co/The               Morgan    Stanley
        (1,533)                                                (8,784)
            Shiloh    Industries      Inc              Bank   of  America    Merrill    Lynch
        (5,726)                                                 (802)
            Ship   Finance    International       Ltd          Morgan    Stanley
       (27,878)                                                (14,497)
            Ship   Finance    International       Ltd          Goldman    Sachs
        (3,239)                                                (2,947)
            Shoe   Carnival     Inc                Bank   of  America    Merrill    Lynch
        27,332                                                3,007
            Shoe   Carnival     Inc                Goldman    Sachs
        11,745                                                1,292
            Shoe   Carnival     Inc                Morgan    Stanley
        1,119                                                2,148
            Shopify    Inc   ‘A’                 Goldman    Sachs
        (2,087)                                               (17,360)
            Shopify    Inc   ‘A’                 Morgan    Stanley
         (283)                                               (4,378)
            Shore   Bancshares      Inc               Goldman    Sachs
        5,260                                               (1,736)
            Shore   Bancshares      Inc               Bank   of  America    Merrill    Lynch
        3,393                                               (1,120)
            ShotSpotter      Inc                 Morgan    Stanley
        (9,857)                                               (49,384)
            Shutterfly      Inc                  Goldman    Sachs
        (5,375)                                                8,080
       (30,446)     Shutterfly      Inc                  Bank   of  America    Merrill    Lynch       57,238
            Shutterfly      Inc                  Morgan    Stanley
        (1,758)                                                 (756)
            Sierra    Bancorp                    Bank   of  America    Merrill    Lynch
       111,800                                                71,552
            Sierra    Bancorp                    Goldman    Sachs
        24,434                                                15,638
            Sierra    Bancorp                    Morgan    Stanley
        88,667                                               114,380
            SIGA   Technologies       Inc              Bank   of  America    Merrill    Lynch
       (27,668)                                                (15,494)
            Signature     Bank/New     York   NY           Bank   of  America    Merrill    Lynch
        7,410                                               60,540
            Signet    Jewelers     Ltd               Bank   of  America    Merrill    Lynch
       (65,450)                                                293,871
            Silgan    Holdings     Inc               Bank   of  America    Merrill    Lynch
       (31,938)                                                (7,026)
            Silicon    Laboratories       Inc             Bank   of  America    Merrill    Lynch
        48,660                                                74,936
            Silvercrest      Asset   Management      Group   Inc   ‘A’   Goldman    Sachs
        3,532                                               (1,307)
                                180/242



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                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Silvercrest      Asset   Management      Group   Inc   ‘A’   Morgan    Stanley
        11,405                                                (1,140)
            Silvercrest      Asset   Management      Group   Inc   ‘A’   Bank   of  America    Merrill    Lynch
        10,062                                                (3,723)
            Simmons    First   National     Corp   ‘A’         Goldman    Sachs
       (25,973)                                                (42,855)
            Simmons    First   National     Corp   ‘A’         Morgan    Stanley
       (38,202)                                                (48,899)
            Simmons    First   National     Corp   ‘A’         Bank   of  America    Merrill    Lynch
       (117,613)                                                (194,061)
            Simon   Property     Group   Inc  (Reit)           Bank   of  America    Merrill    Lynch
        24,000                                                88,560
            Simply    Good   Foods   Co/The              Morgan    Stanley
        18,887                                                5,666
            Simply    Good   Foods   Co/The              Bank   of  America    Merrill    Lynch
        90,095                                                34,236
            Simply    Good   Foods   Co/The              Goldman    Sachs
        38,737                                                14,720
            Simpson    Manufacturing       Co  Inc           Goldman    Sachs
        (2,782)                                                (2,779)
            Simpson    Manufacturing       Co  Inc           Morgan    Stanley
        (3,787)                                                (6,286)
            Simpson    Manufacturing       Co  Inc           Goldman    Sachs
        6,047                                               (3,447)
            Simpson    Manufacturing       Co  Inc           Bank   of  America    Merrill    Lynch
        64,951                                               (37,022)
            Simulations      Plus   Inc               Bank   of  America    Merrill    Lynch
       (33,542)                                                16,436
            SINA   Corp/China                     Goldman    Sachs
       (15,695)                                                28,722
       (12,409)     SINA   Corp/China                     Morgan    Stanley                (29,533)
            Sinclair     Broadcast     Group   Inc   ‘A’        Goldman    Sachs
        45,474                                                21,152
            Sinclair     Broadcast     Group   Inc   ‘A’        Bank   of  America    Merrill    Lynch
        48,501                                                21,379
            Sinclair     Broadcast     Group   Inc   ‘A’        Morgan    Stanley
        25,632                                                13,585
            Sirius    XM  Holdings     Inc              Morgan    Stanley
       147,147                                                37,522
            SITE   Centers    Corp   (Reit)              Goldman    Sachs
        37,163                                                46,850
            SITE   Centers    Corp   (Reit)              Morgan    Stanley
        39,343                                                48,392
            SiteOne    Landscape     Supply    Inc           Bank   of  America    Merrill    Lynch
       (24,841)                                                85,950
            SITO   Mobile    Ltd                 Goldman    Sachs
       (66,470)                                                 8,641
            SITO   Mobile    Ltd                 Bank   of  America    Merrill    Lynch
       (14,402)                                                 1,872
            Six  Flags   Entertainment       Corp           Goldman    Sachs
        6,952                                               14,708
            Six  Flags   Entertainment       Corp           Morgan    Stanley
        3,066                                                2,759
            Six  Flags   Entertainment       Corp           Goldman    Sachs
        (8,739)                                               (21,411)
            Six  Flags   Entertainment       Corp           Bank   of  America    Merrill    Lynch
        (6,555)                                               (16,060)
            SJW  Group                      Bank   of  America    Merrill    Lynch
        13,921                                               (147,423)
            Skechers     U.S.A.    Inc   ‘A’             Morgan    Stanley
       (53,567)                                                (42,854)
            Skyline    Champion     Corp               Bank   of  America    Merrill    Lynch
       (39,478)                                                34,346
            Skyline    Champion     Corp               Goldman    Sachs
       (25,834)                                                22,476
            Skyline    Champion     Corp               Morgan    Stanley
       (13,011)                                                13,271
        12,323    Skyworks     Solutions     Inc              Bank   of  America    Merrill    Lynch       (19,594)
            SL  Green   Realty    Corp   (Reit)             Morgan    Stanley
        24,694                                                56,024
            Sleep   Number    Corp                 Bank   of  America    Merrill    Lynch
        (7,916)                                                (6,649)
            SLM  Corp                      Bank   of  America    Merrill    Lynch
       (422,543)                                                157,054
            SLM  Corp                      Morgan    Stanley
       (64,321)                                                (14,794)
            SM  Energy    Co                  Bank   of  America    Merrill    Lynch
        20,205                                               (29,297)
            SM  Energy    Co                  Goldman    Sachs
        34,766                                               (50,411)
            Smart   & Final   Stores    Inc             Bank   of  America    Merrill    Lynch
       216,453                                                (54,113)
            SMART   Global    Holdings     Inc            Goldman    Sachs
       (26,281)                                                (87,910)
            SMART   Global    Holdings     Inc            Morgan    Stanley
        (7,587)                                               (12,025)
                                181/242




                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            SmartFinancial        Inc                Bank   of  America    Merrill    Lynch
        36,186                                                  －
            SmartFinancial        Inc                Goldman    Sachs
        28,719                                                  －
            SmartFinancial        Inc                Morgan    Stanley
        20,536                                               (12,322)
            Smartsheet      Inc   ‘A’               Goldman    Sachs
        (1,000)                                                (1,618)
            Smartsheet      Inc   ‘A’               Bank   of  America    Merrill    Lynch
        (2,261)                                                1,831
            Snap   Inc   ‘A’                  Bank   of  America    Merrill    Lynch
       155,645                                                (70,040)
            Snap-on    Inc                   Morgan    Stanley
        41,687                                               113,389
            Snap-on    Inc                   Bank   of  America    Merrill    Lynch
        10,263                                                6,774
            Snap-on    Inc                   Goldman    Sachs
        6,982                                                4,608
            Sociedad     Quimica    y Minera    de  Chile   SA  ADR    Goldman    Sachs
       (16,349)                                                15,859
            Sociedad     Quimica    y Minera    de  Chile   SA  ADR    Morgan    Stanley
       (33,508)                                                (39,539)
            Sohu.com     Ltd  ADR                 Goldman    Sachs
        4,964                                                1,787
            Sohu.com     Ltd  ADR                 Morgan    Stanley
        11,420                                                1,599
            SolarEdge     Technologies       Inc            Goldman    Sachs
         (970)                                               (1,765)
            SolarEdge     Technologies       Inc            Morgan    Stanley
        (2,181)                                                 (829)
        98,142    Sonic   Automotive      Inc   ‘A’            Bank   of  America    Merrill    Lynch      (166,841)
            Sonic   Automotive      Inc   ‘A’            Goldman    Sachs
        70,379                                               (119,644)
            Sonic   Automotive      Inc   ‘A’            Morgan    Stanley
        13,954                                               (14,512)
            Sonoco    Products     Co               Goldman    Sachs
         (718)                                                (136)
            Sonoco    Products     Co               Bank   of  America    Merrill    Lynch
        (1,039)                                                 (197)
            Sonoco    Products     Co               Morgan    Stanley
       (10,550)                                                (4,220)
            Sonos   Inc                    Morgan    Stanley
       157,779                                                  －
            Sonos   Inc                    Goldman    Sachs
        11,912                                                6,351
                                    Goldman    Sachs
        4,368    Sotheby’s                                             218
                                    Bank   of  America    Merrill    Lynch
       (70,201)     Sotheby’s                                           (3,510)
                                    Morgan    Stanley
        25,048    Sotheby’s                                           34,065
            South   Jersey    Industries      Inc           Bank   of  America    Merrill    Lynch
       (58,382)                                                20,434
            South   Jersey    Industries      Inc           Morgan    Stanley
       (77,154)                                                59,409
            South   Jersey    Industries      Inc           Goldman    Sachs
       (45,399)                                                15,890
            South   State   Corp                 Goldman    Sachs
        (3,495)                                               (10,800)
            South   State   Corp                 Bank   of  America    Merrill    Lynch
        12,905                                                39,876
            South   State   Corp                 Morgan    Stanley
       (21,338)                                                (73,616)
            Southern     Co/The                   Goldman    Sachs
       (23,301)                                                11,417
            Southern     Co/The                   Morgan    Stanley
       (101,324)                                                (98,284)
       (138,801)      Southern     Co/The                   Bank   of  America    Merrill    Lynch       68,012
            Southern     Copper    Corp               Goldman    Sachs
        13,933                                               (65,624)
            Southern     Copper    Corp               Morgan    Stanley
        73,181                                                66,595
            Southern     Copper    Corp               Bank   of  America    Merrill    Lynch
       (25,513)                                                120,166
            Southern     Copper    Corp               Goldman    Sachs
       (37,018)                                                174,355
            Southern     Copper    Corp               Morgan    Stanley
       (38,857)                                                (35,360)
            Southern     First   Bancshares      Inc          Bank   of  America    Merrill    Lynch
        9,051                                                8,960
            Southern     First   Bancshares      Inc          Morgan    Stanley
        1,342                                                 470
            Southern     First   Bancshares      Inc          Goldman    Sachs
        6,846                                                6,778
            Southern     Missouri     Bancorp    Inc          Bank   of  America    Merrill    Lynch
        (1,290)                                                (2,000)
            Southern     Missouri     Bancorp    Inc          Goldman    Sachs
         (746)                                               (1,156)
                                182/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Southern     National     Bancorp    of  Virginia     Inc    Bank   of  America    Merrill    Lynch
        (6,415)                                                (1,283)
            Southern     National     Bancorp    of  Virginia     Inc    Goldman    Sachs
        (2,675)                                                 (535)
            Southside     Bancshares      Inc             Bank   of  America    Merrill    Lynch
       (107,809)                                                (51,748)
            Southside     Bancshares      Inc             Goldman    Sachs
        (1,813)                                                 (870)
            Southwest     Airlines     Co              Goldman    Sachs
        12,290                                                9,218
            Southwest     Airlines     Co              Bank   of  America    Merrill    Lynch
        50,682                                                38,012
            Southwest     Airlines     Co              Morgan    Stanley
        20,555                                                26,722
            Southwest     Gas  Holdings     Inc            Morgan    Stanley
        2,706                                               (15,884)
            Southwest     Gas  Holdings     Inc            Bank   of  America    Merrill    Lynch
        15,067                                               (111,345)
            Southwest     Gas  Holdings     Inc            Goldman    Sachs
        1,190                                               (8,794)
            Southwestern       Energy    Co             Goldman    Sachs
        11,869                                                (6,884)
            Southwestern       Energy    Co             Bank   of  America    Merrill    Lynch
        22,575                                               (13,094)
            Southwestern       Energy    Co             Morgan    Stanley
       (34,835)                                                 9,057
            Spark   Therapeutics       Inc              Bank   of  America    Merrill    Lynch
        44,035                                               156,765
            Spark   Therapeutics       Inc              Morgan    Stanley
        (1,613)                                                (2,468)
       (150,841)      Spartan    Motors    Inc                Bank   of  America    Merrill    Lynch       72,404
            Spartan    Motors    Inc                Goldman    Sachs
       (50,798)                                                24,383
            Spectrum     Brands    Holdings     Inc           Goldman    Sachs
        7,549                                               (67,790)
            Spectrum     Brands    Holdings     Inc           Morgan    Stanley
        13,623                                               (24,930)
            Spectrum     Pharmaceuticals        Inc           Bank   of  America    Merrill    Lynch
        39,480                                                52,903
            Spectrum     Pharmaceuticals        Inc           Goldman    Sachs
        16,664                                                22,330
            Spectrum     Pharmaceuticals        Inc           Morgan    Stanley
        11,116                                                10,671
            Speedway     Motorsports      Inc             Bank   of  America    Merrill    Lynch
        15,311                                                9,033
            Speedway     Motorsports      Inc             Goldman    Sachs
        24,877                                                14,134
            Speedway     Motorsports      Inc             Morgan    Stanley
        7,092                                                 355
            Spero   Therapeutics       Inc              Goldman    Sachs
        1,643                                                 702
            Spire   Inc                    Bank   of  America    Merrill    Lynch
        (6,925)                                                (5,125)
            Spire   Inc                    Goldman    Sachs
       (15,890)                                                20,004
            Spirit    AeroSystems      Holdings     Inc   ‘A’       Goldman    Sachs
        (1,705)                                                4,808
            Spirit    AeroSystems      Holdings     Inc   ‘A’       Bank   of  America    Merrill    Lynch
       (23,937)                                                67,502
            Spirit    Airlines     Inc               Goldman    Sachs
        5,125                                               50,123
            Spirit    Airlines     Inc               Morgan    Stanley
        10,997                                               124,886
            Spirit    MTA  REIT   (Reit)               Bank   of  America    Merrill    Lynch
        7,880                                               (5,201)
            Spirit    Realty    Capital    Inc  (Reit)          Goldman    Sachs
        32,434                                                1,781
        6,760    Spirit    Realty    Capital    Inc  (Reit)          Morgan    Stanley                 (456)
            Spirit    Realty    Capital    Inc  (Reit)          Bank   of  America    Merrill    Lynch
       (272,175)                                                112,953
            Splunk    Inc                    Bank   of  America    Merrill    Lynch
        9,204                                               59,458
            Splunk    Inc                    Morgan    Stanley
        10,924                                               169,650
            Spok   Holdings     Inc                Goldman    Sachs
        32,219                                                20,620
            Spok   Holdings     Inc                Bank   of  America    Merrill    Lynch
        47,399                                                30,335
            Sportsman’s       Warehouse     Holdings     Inc       Goldman    Sachs
        94,292                                               (12,861)
            Spring    Bank   Pharmaceuticals                 Goldman    Sachs
        1,000                                                 192
            Sprint    Corp                    Bank   of  America    Merrill    Lynch
       305,772                                                67,270
            Sprint    Corp                    Morgan    Stanley
       341,118                                                75,046
            Sprint    Corp                    Goldman    Sachs
        17,869                                                3,931
                                183/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Sprouts    Farmers    Market    Inc            Morgan    Stanley
        3,396                                               (12,078)
            SPS  Commerce     Inc                 Goldman    Sachs
        10,614                                               (80,030)
            SPS  Commerce     Inc                 Bank   of  America    Merrill    Lynch
        37,785                                               (284,899)
            SPS  Commerce     Inc                 Morgan    Stanley
        6,112                                                7,029
            SPX  Corp                      Bank   of  America    Merrill    Lynch
       (114,236)                                                 53,691
            SPX  Corp                      Goldman    Sachs
       (23,808)                                                11,190
            SPX  Flow   Inc                   Goldman    Sachs
        2,061                                                 (82)
            SPX  FLOW   Inc                   Bank   of  America    Merrill    Lynch
         313                                                139
            SPX  Flow   Inc                   Morgan    Stanley
        1,035                                                1,480
            Square    Inc   ‘A’                 Goldman    Sachs
        (8,471)                                                (5,607)
            Square    Inc   ‘A’                 Bank   of  America    Merrill    Lynch
        1,210                                               (4,901)
            SRC  Energy    Inc                  Goldman    Sachs
       (37,567)                                                37,943
            SRC  Energy    Inc                  Morgan    Stanley
       (101,469)                                                 17,250
            SS&C   Technologies       Holdings     Inc          Bank   of  America    Merrill    Lynch
        2,337                                                2,290
            STAAR   Surgical     Co                Bank   of  America    Merrill    Lynch
        (5,006)                                                19,949
        (3,628)    STAAR   Surgical     Co                Goldman    Sachs                14,458
            STAAR   Surgical     Co                Morgan    Stanley
        (2,642)                                                (2,444)
            STAG   Industrial      Inc  (Reit)             Bank   of  America    Merrill    Lynch
       349,663                                                223,784
            Stamps.com      Inc                  Bank   of  America    Merrill    Lynch
        (3,533)                                               (38,863)
            Standex    International       Corp            Bank   of  America    Merrill    Lynch
        7,928                                               (13,319)
            Stanley    Black   & Decker    Inc            Bank   of  America    Merrill    Lynch
        (1,851)                                                1,518
            Stanley    Black   & Decker    Inc            Goldman    Sachs
       (23,354)                                                 7,419
            Stanley    Black   & Decker    Inc            Morgan    Stanley
       (12,838)                                                (26,703)
            Starbucks     Corp                  Goldman    Sachs
       (13,151)                                                  60
            Starbucks     Corp                  Bank   of  America    Merrill    Lynch
       (61,453)                                                38,101
            Starbucks     Corp                  Morgan    Stanley
       (40,044)                                                (52,057)
            StarTek    Inc                   Goldman    Sachs
       (11,882)                                                (1,545)
            StarTek    Inc                   Bank   of  America    Merrill    Lynch
       (181,638)                                                (23,613)
            Starwood     Property     Trust   Inc  (Reit)         Morgan    Stanley
       (438,970)                                                (223,875)
            Starwood     Property     Trust   Inc  (Reit)         Bank   of  America    Merrill    Lynch
       (355,939)                                                (177,970)
            State   Auto   Financial     Corp             Bank   of  America    Merrill    Lynch
       (290,872)                                                (244,332)
            State   Bank   Financial     Corp             Bank   of  America    Merrill    Lynch
       (74,676)                                                76,916
            State   Bank   Financial     Corp             Morgan    Stanley
         (920)                                                (83)
            State   Bank   Financial     Corp             Goldman    Sachs
        (2,479)                                                2,553
        12,037    State   Street    Corp                 Morgan    Stanley                12,518
            State   Street    Corp                 Bank   of  America    Merrill    Lynch
       (40,531)                                                (43,368)
            Steel   Dynamics     Inc                Bank   of  America    Merrill    Lynch
        35,421                                               (176,397)
            Steel   Dynamics     Inc                Goldman    Sachs
        13,305                                               (18,182)
            Steel   Dynamics     Inc                Morgan    Stanley
        2,270                                               (5,493)
            Steelcase     Inc   ‘A’                Bank   of  America    Merrill    Lynch
       236,074                                               (118,037)
            Stericycle      Inc                  Bank   of  America    Merrill    Lynch
       (73,416)                                               (186,477)
            Steris    Plc                    Bank   of  America    Merrill    Lynch
        2,021                                                2,243
            Steris    Plc                    Goldman    Sachs
        31,647                                                35,674
            Sterling     Bancorp/DE                   Goldman    Sachs
        (9,469)                                                (6,250)
            Sterling     Bancorp/DE                   Bank   of  America    Merrill    Lynch
       (241,574)                                                (159,439)
                                184/242



                                                           EDINET提出書類
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                                                 有価証券報告書（内国投資信託受益証券）
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                                                     （損）
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                                                    （米ドル）
            米国（続き）
            Sterling     Bancorp/DE                   Morgan    Stanley
       (462,296)                                                (480,788)
            Stitch    Fix  Inc   ‘A’               Bank   of  America    Merrill    Lynch
         (292)                                                (67)
            Stitch    Fix  Inc   ‘A’               Morgan    Stanley
       (27,889)                                                (49,642)
            Stitch    Fix  Inc   ‘A’               Bank   of  America    Merrill    Lynch
        12,625                                                2,904
            Stock   Yards   Bancorp    Inc             Bank   of  America    Merrill    Lynch
        (1,034)                                                 713
            StoneCo    Ltd   ‘A’                 Goldman    Sachs
        11,439                                               (12,026)
            StoneCo    Ltd   ‘A’                 Morgan    Stanley
        16,436                                                9,942
            Stoneridge      Inc                  Bank   of  America    Merrill    Lynch
       (15,040)                                                11,731
            Stoneridge      Inc                  Goldman    Sachs
        (4,727)                                                3,787
            STORE   Capital    Corp   (Reit)              Goldman    Sachs
        55,233                                                54,681
            STORE   Capital    Corp   (Reit)              Bank   of  America    Merrill    Lynch
       219,189                                                216,997
            STORE   Capital    Corp   (Reit)              Morgan    Stanley
       257,556                                                164,836
            Stratasys     Ltd                  Goldman    Sachs
       (19,720)                                                 9,466
            Stratasys     Ltd                  Bank   of  America    Merrill    Lynch
        (1,550)                                                 744
            Stratasys     Ltd                  Morgan    Stanley
       (74,577)                                                (14,170)
        9,754    Strategic     Education     Inc             Bank   of  America    Merrill    Lynch       (35,992)
            Strategic     Education     Inc             Goldman    Sachs
        7,372                                               (27,203)
            Strattec     Security     Corp              Goldman    Sachs
       (16,161)                                                38,463
            Stratus    Properties      Inc              Bank   of  America    Merrill    Lynch
       (31,130)                                                13,075
            Stratus    Properties      Inc              Goldman    Sachs
       (18,543)                                                 7,788
            Stratus    Properties      Inc              Morgan    Stanley
       (13,400)                                                12,328
            Stryker    Corp                   Bank   of  America    Merrill    Lynch
        32,291                                                94,613
            Stryker    Corp                   Morgan    Stanley
        21,654                                               148,330
            Stryker    Corp                   Goldman    Sachs
        20,526                                                63,220
            Summit    Financial     Group   Inc            Bank   of  America    Merrill    Lynch
         (600)                                                240
            Summit    Hotel   Properties      Inc  (Reit)         Bank   of  America    Merrill    Lynch
       191,299                                                 7,652
            Summit    Hotel   Properties      Inc  (Reit)         Morgan    Stanley
        15,886                                                3,654
            Summit    Materials     Inc   ‘A’            Bank   of  America    Merrill    Lynch
        73,205                                                19,765
            Summit    Materials     Inc   ‘A’            Morgan    Stanley
        3,690                                                1,328
            Summit    Materials     Inc   ‘A’            Goldman    Sachs
        26,387                                                 (798)
            Sun  Communities      Inc  (Reit)             Goldman    Sachs
       (26,146)                                                (77,392)
            Sun  Hydraulics      Corp                Bank   of  America    Merrill    Lynch
       (158,443)                                                112,495
            Sun  Hydraulics      Corp                Morgan    Stanley
       (38,148)                                                (78,203)
            SunCoke    Energy    Inc                Bank   of  America    Merrill    Lynch
        14,979                                               (13,631)
        3,071    SunCoke    Energy    Inc                Goldman    Sachs                (2,795)
            SunPower     Corp                   Goldman    Sachs
        3,212                                               (1,104)
            Sunrun    Inc                    Bank   of  America    Merrill    Lynch
        (4,287)                                                (5,444)
            Sunrun    Inc                    Morgan    Stanley
       (131,759)                                                (259,565)
            Sunstone     Hotel   Investors     Inc  (Reit)         Bank   of  America    Merrill    Lynch
       268,545                                                85,847
            Sunstone     Hotel   Investors     Inc  (Reit)         Goldman    Sachs
        5,856                                                1,874
            Sunstone     Hotel   Investors     Inc  (Reit)         Morgan    Stanley
       129,437                                                12,844
            SunTrust     Banks   Inc                Goldman    Sachs
        13,686                                                (8,348)
            Superior     Group   of  Cos  Inc            Goldman    Sachs
        1,393                                                (293)
            Superior     Industries      International       Inc      Bank   of  America    Merrill    Lynch
       (46,344)                                                46,807
            Superior     Industries      International       Inc      Goldman    Sachs
       (58,267)                                                42,184
                                185/242



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                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Supernus     Pharmaceuticals        Inc           Goldman    Sachs
        (2,726)                                                (6,824)
            Surface    Oncology     Inc               Bank   of  America    Merrill    Lynch
        79,731                                                11,162
            Surface    Oncology     Inc               Goldman    Sachs
        25,837                                                3,617
            Surgery    Partners     Inc               Bank   of  America    Merrill    Lynch
        41,376                                                7,861
            Surmodics     Inc                  Bank   of  America    Merrill    Lynch
       (49,647)                                                (66,527)
            SVB  Financial     Group                Bank   of  America    Merrill    Lynch
        (9,524)                                               (44,191)
            Sykes   Enterprises      Inc              Bank   of  America    Merrill    Lynch
       (177,887)                                                247,263
            Synaptics     Inc                  Bank   of  America    Merrill    Lynch
        2,683                                                2,200
            Synaptics     Inc                  Goldman    Sachs
        11,656                                                14,733
            Synaptics     Inc                  Morgan    Stanley
        6,825                                               11,330
            Synchronoss      Technologies       Inc           Bank   of  America    Merrill    Lynch
       (27,847)                                                (3,063)
            Syndax    Pharmaceuticals        Inc            Bank   of  America    Merrill    Lynch
        54,143                                                7,580
            Syndax    Pharmaceuticals        Inc            Goldman    Sachs
        39,877                                                5,499
            Syndax    Pharmaceuticals        Inc            Morgan    Stanley
        9,200                                                1,472
            Syneos    Health    Inc                Bank   of  America    Merrill    Lynch
       (48,560)                                               (100,519)
         776   Syneos    Health    Inc                Morgan    Stanley                 2,390
            Syneos    Health    Inc                Goldman    Sachs
        (3,744)                                                (7,750)
            Synnex    Corp                    Bank   of  America    Merrill    Lynch
        69,025                                                (7,593)
            Synnex    Corp                    Morgan    Stanley
        1,240                                                3,170
            Synnex    Corp                    Goldman    Sachs
         642                                                (71)
            Synovus    Financial     Corp              Goldman    Sachs
        3,921                                                 274
            Synovus    Financial     Corp              Bank   of  America    Merrill    Lynch
       133,648                                                 9,355
            Synovus    Financial     Corp              Morgan    Stanley
        5,607                                                9,476
            Sysco   Corp                    Bank   of  America    Merrill    Lynch
       (23,634)                                                (26,234)
            Sysco   Corp                    Goldman    Sachs
        (1,301)                                                (1,444)
            T-Mobile     US  Inc                 Goldman    Sachs
       (29,715)                                                (24,018)
            T2  Biosystems      Inc                Morgan    Stanley
       (83,320)                                                 (833)
            T2  Biosystems      Inc                Bank   of  America    Merrill    Lynch
        (2,625)                                                 683
            Tableau    Software     Inc   ‘A’            Goldman    Sachs
         (601)                                              (11,432)
            Tableau    Software     Inc   ‘A’            Bank   of  America    Merrill    Lynch
        2,945                                               17,965
            Tableau    Software     Inc   ‘A’            Morgan    Stanley
        (7,630)                                               (116,358)
            Tabula    Rasa   HealthCare      Inc            Goldman    Sachs
         (666)                                               (5,974)
            Tabula    Rasa   HealthCare      Inc            Bank   of  America    Merrill    Lynch
        (8,363)                                               (75,016)
            Tabula    Rasa   HealthCare      Inc            Morgan    Stanley
       (11,804)                                               (123,824)
       (26,316)     Tactile    Systems    Technology      Inc          Morgan    Stanley                (35,263)
            Tactile    Systems    Technology      Inc          Bank   of  America    Merrill    Lynch
       (20,089)                                                51,428
            Tahoe   Resources     Inc               Bank   of  America    Merrill    Lynch
        10,265                                                 513
            Tahoe   Resources     Inc               Morgan    Stanley
        33,547                                                2,348
            Tahoe   Resources     Inc               Goldman    Sachs
        46,959                                                2,348
            Tailored     Brands    Inc               Goldman    Sachs
        2,306                                               (2,122)
            Tailored     Brands    Inc               Goldman    Sachs
       (61,703)                                                24,681
            Tailored     Brands    Inc               Morgan    Stanley
        2,502                                                (535)
            Take-Two     Interactive      Software     Inc        Bank   of  America    Merrill    Lynch
        (6,395)                                                12,662
            Talend    SA  ADR                  Goldman    Sachs
        13,358                                               (48,490)
            Talend    SA  ADR                  Morgan    Stanley
        9,413                                               11,766
                                186/242



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                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
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                                                    （米ドル）
            米国（続き）
            Tallgrass     Energy    LP               Bank   of  America    Merrill    Lynch
       (12,920)                                                 7,235
            Tallgrass     Energy    LP               Morgan    Stanley
        (1,687)                                                (1,552)
            Talos   Energy    Inc                 Bank   of  America    Merrill    Lynch
         604                                              (1,619)
            Talos   Energy    Inc                 Morgan    Stanley
        22,848                                                (3,199)
            Talos   Energy    Inc                 Goldman    Sachs
        15,206                                               (39,220)
            Tandem    Diabetes     Care   Inc             Bank   of  America    Merrill    Lynch
        (1,951)                                                (6,653)
            Tanger    Factory    Outlet    Centers    Inc  (Reit)      Morgan    Stanley
        17,338                                                9,883
            Tanger    Factory    Outlet    Centers    Inc  (Reit)      Goldman    Sachs
        (8,206)                                                (3,118)
            Tapestry     Inc                   Bank   of  America    Merrill    Lynch
       (16,118)                                                45,614
            Targa   Resources     Corp               Bank   of  America    Merrill    Lynch
       (35,358)                                                84,152
            Target    Corp                    Goldman    Sachs
         747                                                299
            Target    Corp                    Bank   of  America    Merrill    Lynch
        73,442                                               (689,620)
            Target    Corp                    Morgan    Stanley
        49,558                                               195,694
            Taro   Pharmaceutical        Industries      Ltd        Goldman    Sachs
         242                                               1,147
            Taro   Pharmaceutical        Industries      Ltd        Morgan    Stanley
        6,361                                               11,768
        (6,661)    Taubman    Centers    Inc  (Reit)             Bank   of  America    Merrill    Lynch       (2,997)
            Taylor    Morrison     Home   Corp   ‘A’          Bank   of  America    Merrill    Lynch
       161,871                                                288,130
            Taylor    Morrison     Home   Corp   ‘A’          Morgan    Stanley
       (65,874)                                                (23,056)
            Taylor    Morrison     Home   Corp   ‘A’          Goldman    Sachs
        18,262                                                32,506
            TCF  Financial     Corp                Bank   of  America    Merrill    Lynch
        89,389                                                22,347
            TCF  Financial     Corp                Goldman    Sachs
        62,095                                                15,524
            TCF  Financial     Corp                Morgan    Stanley
        17,697                                                6,548
            TD  Ameritrade      Holding    Corp            Goldman    Sachs
        85,952                                                62,745
            TD  Ameritrade      Holding    Corp            Bank   of  America    Merrill    Lynch
        8,795                                                6,420
            TD  Ameritrade      Holding    Corp            Morgan    Stanley
        68,315                                               111,353
            TE  Connectivity       Ltd               Bank   of  America    Merrill    Lynch
        48,803                                               (43,923)
            Team   Inc                     Bank   of  America    Merrill    Lynch
        (8,700)                                                6,612
            Team   Inc                     Goldman    Sachs
       (88,858)                                                60,090
            Tech   Data   Corp                  Bank   of  America    Merrill    Lynch
        10,336                                               143,257
            Tech   Data   Corp                  Goldman    Sachs
         826                                              11,448
            TechnipFMC      Plc                  Bank   of  America    Merrill    Lynch
        57,333                                               (53,893)
            TechnipFMC      Plc                  Goldman    Sachs
        4,717                                               (4,434)
            TechnipFMC      Plc                  Morgan    Stanley
        5,813                                                3,197
            Teekay    Corp                    Bank   of  America    Merrill    Lynch
        29,309                                               (38,981)
        24,027    Teekay    Corp                    Goldman    Sachs               (31,956)
            Teekay    Corp                    Morgan    Stanley
        7,955                                                1,830
            TEGNA   Inc                    Bank   of  America    Merrill    Lynch
        42,624                                                25,574
            TEGNA   Inc                    Morgan    Stanley
        90,595                                                60,699
            TEGNA   Inc                    Goldman    Sachs
        34,581                                                20,749
            Teladoc    Health    Inc                Goldman    Sachs
        (7,045)                                               (42,562)
            Teladoc    Health    Inc                Morgan    Stanley
        (2,098)                                               (18,945)
            Telaria    Inc                   Goldman    Sachs
        14,557                                                 134
            Teledyne     Technologies       Inc            Goldman    Sachs
        (5,400)                                                24,732
            Teledyne     Technologies       Inc            Morgan    Stanley
        (6,233)                                               (39,143)
            Teledyne     Technologies       Inc            Bank   of  America    Merrill    Lynch
        5,019                                               (22,987)
                                187/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Teledyne     Technologies       Inc            Goldman    Sachs
         305                                              (1,397)
            Teledyne     Technologies       Inc            Morgan    Stanley
         152                                                955
            Teleflex     Inc                   Goldman    Sachs
        (1,729)                                               (17,075)
            Teleflex     Inc                   Bank   of  America    Merrill    Lynch
        (8,153)                                               (96,124)
            Teleflex     Inc                   Morgan    Stanley
         (422)                                               (8,351)
            Telefonica      Brasil    SA  ADR             Morgan    Stanley
        51,959                                                7,274
            Telefonica      Brasil    SA  ADR             Goldman    Sachs
        13,035                                                 521
            Telephone     & Data   Systems    Inc           Bank   of  America    Merrill    Lynch
        41,665                                                50,415
            Telephone     & Data   Systems    Inc           Morgan    Stanley
        19,674                                                29,314
            Teligent     Inc/NJ                   Morgan    Stanley
       (416,708)                                                 70,840
            Teligent     Inc/NJ                   Bank   of  America    Merrill    Lynch
       (32,016)                                                13,127
            Tellurian     Inc                  Goldman    Sachs
       (41,022)                                                37,740
            Tellurian     Inc                  Bank   of  America    Merrill    Lynch
       (122,765)                                                112,944
            Tellurian     Inc                  Morgan    Stanley
       (65,780)                                                10,525
            Tempur    Sealy   International       Inc          Goldman    Sachs
       (20,088)                                                (56,648)
       106,604     Tenable    Holdings     Inc               Bank   of  America    Merrill    Lynch       29,849
            Tenable    Holdings     Inc               Goldman    Sachs
        21,797                                                6,103
            Tenable    Holdings     Inc               Morgan    Stanley
        9,442                                               19,545
            Tenet   Healthcare      Corp               Goldman    Sachs
        6,197                                               15,941
            Tenet   Healthcare      Corp               Morgan    Stanley
        6,092                                               19,251
            Tennant    Co                   Bank   of  America    Merrill    Lynch
       (15,599)                                                 3,432
            Tenneco    Inc   ‘A’                 Morgan    Stanley
         836                                                443
            Tenneco    Inc   ‘A’                 Bank   of  America    Merrill    Lynch
        57,585                                               (12,093)
            Tenneco    Inc   ‘A’                 Goldman    Sachs
        18,783                                                3,735
            Teradyne     Inc                   Goldman    Sachs
        (5,630)                                                 877
            Terex   Corp                    Bank   of  America    Merrill    Lynch
       (82,784)                                               (142,388)
            Terex   Corp                    Goldman    Sachs
       (10,140)                                                (17,441)
            TerraForm     Power   Inc   ‘A’             Morgan    Stanley
       142,776                                                22,844
            Terreno    Realty    Corp   (Reit)             Bank   of  America    Merrill    Lynch
        8,091                                                3,236
            TESARO    Inc                    Goldman    Sachs
         898                                               (554)
            Tesla   Inc                    Goldman    Sachs
        (7,431)                                                56,441
            Tetra   Tech   Inc                  Goldman    Sachs
        9,571                                               (47,376)
            Tetra   Tech   Inc                  Bank   of  America    Merrill    Lynch
        61,158                                               (302,732)
            Tetra   Tech   Inc                  Morgan    Stanley
        6,751                                               (3,038)
       (36,139)     TETRA   Technologies       Inc              Goldman    Sachs                9,787
            TETRA   Technologies       Inc              Bank   of  America    Merrill    Lynch
       (34,752)                                                11,121
            Tetraphase      Pharmaceuticals        Inc          Bank   of  America    Merrill    Lynch
       127,094                                                (19,064)
            Tetraphase      Pharmaceuticals        Inc          Goldman    Sachs
       120,560                                                (18,084)
            Tetraphase      Pharmaceuticals        Inc          Morgan    Stanley
        71,332                                                (3,567)
            Texas   Capital    Bancshares      Inc           Goldman    Sachs
        7,820                                                4,747
            Texas   Capital    Bancshares      Inc           Morgan    Stanley
        5,311                                                6,479
            Texas   Capital    Bancshares      Inc           Bank   of  America    Merrill    Lynch
        1,094                                               (1,022)
            Texas   Instruments      Inc              Morgan    Stanley
         997                                               2,881
            Texas   Instruments      Inc              Bank   of  America    Merrill    Lynch
        34,052                                                1,022
            Texas   Roadhouse     Inc               Goldman    Sachs
        8,071                                               14,564
                                188/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Texas   Roadhouse     Inc               Morgan    Stanley
        1,343                                                2,525
            Texas   Roadhouse     Inc               Bank   of  America    Merrill    Lynch
       131,954                                                205,848
            Textainer     Group   Holdings     Ltd           Goldman    Sachs
        (3,541)                                                (1,469)
            TG  Therapeutics       Inc               Goldman    Sachs
        19,075                                                (7,249)
            TG  Therapeutics       Inc               Morgan    Stanley
        3,654                                                (110)
            TherapeuticsMD        Inc                Bank   of  America    Merrill    Lynch
        11,520                                                (1,613)
            Theravance      Biopharma     Inc             Morgan    Stanley
        2,212                                                1,548
            Theravance      Biopharma     Inc             Goldman    Sachs
        10,019                                                15,391
            Thermo    Fisher    Scientific      Inc           Bank   of  America    Merrill    Lynch
        1,214                                               15,284
            Third   Point   Reinsurance      Ltd           Morgan    Stanley
       (85,287)                                                (20,469)
            Thor   Industries      Inc               Goldman    Sachs
         502                                               (196)
            Thor   Industries      Inc               Morgan    Stanley
        3,865                                                2,937
            Thor   Industries      Inc               Bank   of  America    Merrill    Lynch
        14,901                                                (5,811)
            Tier   REIT   Inc  (Reit)                Bank   of  America    Merrill    Lynch
       (83,950)                                                (86,469)
            Tiffany    & Co                  Goldman    Sachs
        (1,520)                                                22,297
       128,196     Tile   Shop   Holdings     Inc              Bank   of  America    Merrill    Lynch       (8,974)
            Tilly’s     Inc   ‘A’                Goldman    Sachs
        19,163                                               (80,224)
            TIM  Participacoes       SA  ADR             Morgan    Stanley
        31,339                                                22,564
            TIM  Participacoes       SA  ADR             Goldman    Sachs
       104,583                                                (40,787)
            Timberland      Bancorp    Inc/WA              Bank   of  America    Merrill    Lynch
        4,857                                               (1,263)
            Timberland      Bancorp    Inc/WA              Goldman    Sachs
        6,222                                               (1,227)
            Timberland      Bancorp    Inc/WA              Morgan    Stanley
        1,716                                                 309
            Timken    Co/The                    Morgan    Stanley
        37,540                                                9,010
            Timken    Co/The                    Goldman    Sachs
        35,430                                               (66,608)
            Timken    Co/The                    Bank   of  America    Merrill    Lynch
        24,699                                               (46,434)
            TimkenSteel      Corp                 Bank   of  America    Merrill    Lynch
        75,027                                               (34,512)
            Titan   Machinery     Inc               Bank   of  America    Merrill    Lynch
        19,823                                                73,147
            Titan   Machinery     Inc               Goldman    Sachs
        19,813                                                73,110
            Titan   Machinery     Inc               Morgan    Stanley
        13,644                                                62,626
            Tivity    Health    Inc                Goldman    Sachs
        (3,248)                                               (10,783)
            Tivity    Health    Inc                Morgan    Stanley
        (7,737)                                               (21,199)
            TiVo   Corp                     Bank   of  America    Merrill    Lynch
       (37,478)                                                12,743
            TiVo   Corp                     Goldman    Sachs
        (2,694)                                                 916
            TJX  Cos  Inc/The                   Bank   of  America    Merrill    Lynch
        52,700                                               (239,785)
        30,005    TJX  Cos  Inc/The                   Morgan    Stanley                61,810
            Tocagen    Inc                   Goldman    Sachs
        20,757                                                7,436
            Toll   Brothers     Inc                Morgan    Stanley
        1,873                                                1,442
            TopBuild     Corp                   Morgan    Stanley
        3,087                                                3,581
            Torchmark     Corp                  Morgan    Stanley
       (88,196)                                               (128,766)
            Toro   Co/The                     Goldman    Sachs
        38,989                                                35,630
            Toro   Co/The                     Morgan    Stanley
        25,461                                                40,483
            Total   System    Services     Inc            Bank   of  America    Merrill    Lynch
        47,398                                               (84,368)
            Total   System    Services     Inc            Goldman    Sachs
        2,651                                               (4,719)
            Total   System    Services     Inc            Morgan    Stanley
        17,375                                                80,885
            Tower   International       Inc             Bank   of  America    Merrill    Lynch
       143,200                                               (335,088)
                                189/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Tower   Semiconductor       Ltd             Goldman    Sachs
        11,470                                                6,882
            Tower   Semiconductor       Ltd             Morgan    Stanley
        59,559                                                57,772
            Town   Sports    International       Holdings     Inc      Goldman    Sachs
        (2,985)                                                1,075
            Town   Sports    International       Holdings     Inc      Morgan    Stanley
       (46,373)                                                 1,391
            Towne   Bank/Portsmouth        VA            Bank   of  America    Merrill    Lynch
        11,210                                                3,027
            Townsquare      Media   Inc   ‘A’            Goldman    Sachs
        34,668                                                11,440
            Townsquare      Media   Inc   ‘A’            Bank   of  America    Merrill    Lynch
        48,543                                                16,019
            Townsquare      Media   Inc   ‘A’            Morgan    Stanley
        5,910                                                2,187
            TPG  RE  Finance    Trust   Inc  (Reit)           Goldman    Sachs
        22,086                                                 (221)
            TPG  RE  Finance    Trust   Inc  (Reit)           Morgan    Stanley
        16,280                                                1,954
            TPG  RE  Finance    Trust   Inc  (Reit)           Bank   of  America    Merrill    Lynch
       328,402                                                (3,284)
            TPI  Composites      Inc                Bank   of  America    Merrill    Lynch
       (148,730)                                                (374,800)
            TPI  Composites      Inc                Goldman    Sachs
       (11,453)                                                (28,862)
            Tractor    Supply    Co                Bank   of  America    Merrill    Lynch
        6,656                                               13,179
            Tractor    Supply    Co                Goldman    Sachs
        3,905                                                7,735
        (7,087)    Trade   Desk   Inc/The     ‘A’             Goldman    Sachs               (172,012)
            Trade   Desk   Inc/The     ‘A’             Bank   of  America    Merrill    Lynch
         (480)                                               (8,983)
            Trade   Desk   Inc/The     ‘A’             Morgan    Stanley
        (9,849)                                               (219,042)
            TransDigm     Group   Inc               Bank   of  America    Merrill    Lynch
        (7,667)                                               (162,464)
            Transocean      Ltd                  Bank   of  America    Merrill    Lynch
        72,888                                               (21,138)
                                    Bank   of  America    Merrill    Lynch
        28,469    TransUnion                                           56,084
                                    Goldman    Sachs
        2,750    TransUnion                                            5,383
            TravelCenters       of  America    LLC           Bank   of  America    Merrill    Lynch
       (10,397)                                                (2,911)
            TravelCenters       of  America    LLC           Goldman    Sachs
       (79,899)                                                (22,372)
            Travelport      Worldwide     Ltd             Goldman    Sachs
       (193,091)                                                  505
                                    Bank   of  America    Merrill    Lynch
        3,253    Travelzoo                                             33
                                    Goldman    Sachs
        7,517    Travelzoo                                             530
            Trecora    Resources                   Bank   of  America    Merrill    Lynch
       (133,701)                                                (105,624)
            Trecora    Resources                   Morgan    Stanley
        (3,656)                                                (3,619)
            Tredegar     Corp                   Bank   of  America    Merrill    Lynch
       (28,517)                                                15,970
            TreeHouse     Foods   Inc               Bank   of  America    Merrill    Lynch
       (15,161)                                                (21,074)
            Trex   Co  Inc                   Goldman    Sachs
         (641)                                               (2,132)
            TRI  Pointe    Group   Inc               Bank   of  America    Merrill    Lynch
       (161,324)                                                (183,103)
            TRI  Pointe    Group   Inc               Morgan    Stanley
       (125,217)                                                (51,965)
       (251,873)      TRI  Pointe    Group   Inc               Goldman    Sachs               (257,802)
            Tribune    Media   Co  ‘A’              Bank   of  America    Merrill    Lynch
        61,302                                                90,114
            Tribune    Media   Co  ‘A’              Goldman    Sachs
        15,609                                                22,945
            Tribune    Publishing      Co              Bank   of  America    Merrill    Lynch
       (99,647)                                                22,919
            Tribune    Publishing      Co              Goldman    Sachs
        (1,729)                                                 398
            Tricida    Inc                   Bank   of  America    Merrill    Lynch
        (3,476)                                                2,989
            TriCo   Bancshares                    Goldman    Sachs
        (3,495)                                                (5,156)
            TriMas    Corp                    Bank   of  America    Merrill    Lynch
        39,886                                               (59,430)
            TriMas    Corp                    Goldman    Sachs
        41,526                                               (58,067)
            TriMas    Corp                    Morgan    Stanley
        16,724                                                1,672
            Trimble    Inc                   Goldman    Sachs
       (28,973)                                                (56,497)
                                190/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Trimble    Inc                   Bank   of  America    Merrill    Lynch
       (128,303)                                                (250,191)
            Trimble    Inc                   Morgan    Stanley
       (63,446)                                                (82,480)
            TriNet    Group   Inc                 Bank   of  America    Merrill    Lynch
         796                                                119
            TriNet    Group   Inc                 Morgan    Stanley
        1,543                                                2,608
            TriNet    Group   Inc                 Goldman    Sachs
        3,429                                                 514
            Trinity    Industries      Inc              Goldman    Sachs
       (32,708)                                                (56,912)
            Trinity    Industries      Inc              Bank   of  America    Merrill    Lynch
       (110,676)                                                (192,576)
            Trinity    Industries      Inc              Morgan    Stanley
       (62,977)                                                (76,832)
            Trinity    Place   Holdings     Inc            Bank   of  America    Merrill    Lynch
       (19,342)                                                (3,868)
            Trinity    Place   Holdings     Inc            Goldman    Sachs
        (1,221)                                                 (244)
            Trinseo    SA                   Bank   of  America    Merrill    Lynch
        5,511                                                3,031
            Trinseo    SA                   Goldman    Sachs
       (23,648)                                                (13,006)
            Trinseo    SA                   Morgan    Stanley
       (25,181)                                                (89,141)
            TripAdvisor      Inc                 Bank   of  America    Merrill    Lynch
        3,536                                               (1,839)
            TripAdvisor      Inc                 Goldman    Sachs
        2,947                                               (1,532)
        1,501    TripAdvisor      Inc                 Morgan    Stanley                (1,202)
            Triple-S     Management      Corp   ‘B’          Goldman    Sachs
        (8,075)                                                (2,616)
            TriState     Capital    Holdings     Inc          Goldman    Sachs
        78,357                                               (11,754)
            TriState     Capital    Holdings     Inc          Morgan    Stanley
        20,595                                                4,325
            TriState     Capital    Holdings     Inc          Bank   of  America    Merrill    Lynch
       313,597                                                (47,040)
            Triton    International       Ltd/Bermuda             Goldman    Sachs
       (27,963)                                                31,319
            Triton    International       Ltd/Bermuda             Morgan    Stanley
       (39,025)                                                (3,512)
            Triumph    Bancorp    Inc               Bank   of  America    Merrill    Lynch
       (183,106)                                                (142,823)
            Triumph    Group   Inc                Bank   of  America    Merrill    Lynch
       (49,353)                                                96,732
            Tronox    Ltd   ‘A’                 Goldman    Sachs
       (176,372)                                                188,718
            TrueCar    Inc                   Bank   of  America    Merrill    Lynch
       108,474                                                (13,017)
            TrueCar    Inc                   Morgan    Stanley
        36,812                                                10,675
            TrueCar    Inc                   Goldman    Sachs
        63,265                                                (7,592)
            Trupanion     Inc                  Goldman    Sachs
       (11,677)                                                (55,232)
            Trupanion     Inc                  Morgan    Stanley
        (4,776)                                               (11,224)
            TTM  Technologies       Inc               Goldman    Sachs
        15,693                                                (5,336)
            TTM  Technologies       Inc               Morgan    Stanley
        3,876                                               (1,202)
            TTM  Technologies       Inc               Bank   of  America    Merrill    Lynch
       (67,807)                                                23,054
            Tucows    Inc   ‘A’                 Bank   of  America    Merrill    Lynch
       (25,986)                                                (67,564)
       (49,776)     Tupperware      Brands    Corp              Bank   of  America    Merrill    Lynch       (57,740)
            Tupperware      Brands    Corp              Goldman    Sachs
         (865)                                               (1,003)
            Turning    Point   Brands    Inc             Morgan    Stanley
        2,455                                               (6,236)
            Turning    Point   Brands    Inc             Bank   of  America    Merrill    Lynch
        11,088                                               (62,758)
            Turning    Point   Brands    Inc             Goldman    Sachs
        3,355                                               (18,989)
            Tutor   Perini    Corp                 Goldman    Sachs
       (46,139)                                                (17,135)
            Twenty-First       Century    Fox  Inc   ‘A’        Goldman    Sachs
        (3,891)                                                 (560)
            Twilio    Inc   ‘A’                 Bank   of  America    Merrill    Lynch
        7,621                                               32,770
            Twin   Disc   Inc                  Bank   of  America    Merrill    Lynch
        7,558                                               (4,988)
            Twitter    Inc                   Bank   of  America    Merrill    Lynch
        17,707                                               (41,346)
            Two  Harbors    Investment      Corp   (Reit)         Goldman    Sachs
       (120,444)                                                 (7,227)
                                191/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Two  Harbors    Investment      Corp   (Reit)         Goldman    Sachs
        47,188                                                2,831
            Two  Harbors    Investment      Corp   (Reit)         Bank   of  America    Merrill    Lynch
       (11,374)                                                 (682)
            Two  Harbors    Investment      Corp   (Reit)         Morgan    Stanley
        48,303                                                12,076
            Tyler   Technologies       Inc              Bank   of  America    Merrill    Lynch
        (5,461)                                               (14,581)
            Tyler   Technologies       Inc              Morgan    Stanley
        1,283                                                8,558
            Tyson   Foods   Inc   ‘A’               Bank   of  America    Merrill    Lynch
        34,210                                               (13,342)
            Ubiquiti     Networks     Inc              Bank   of  America    Merrill    Lynch
         (983)                                               1,101
            UBS  Group   AG                  Morgan    Stanley
        25,857                                                 399
            UBS  Group   AG                  Goldman    Sachs
        55,586                                               (11,243)
            UDR  Inc  (Reit)                   Goldman    Sachs
       (116,434)                                                (220,594)
            UDR  Inc  (Reit)                   Bank   of  America    Merrill    Lynch
       (23,618)                                                (47,236)
            UDR  Inc  (Reit)                   Morgan    Stanley
       (31,616)                                                (39,836)
            UFP  Technologies       Inc               Goldman    Sachs
       (22,328)                                                 7,592
            UFP  Technologies       Inc               Bank   of  America    Merrill    Lynch
        (2,253)                                                 766
            UGI  Corp                      Goldman    Sachs
       (16,458)                                                (1,533)
        40,640    UGI  Corp                      Bank   of  America    Merrill    Lynch         －
            UGI  Corp                      Goldman    Sachs
        4,470                                                 －
            UGI  Corp                      Morgan    Stanley
        5,403                                                2,918
            Ultimate     Software     Group   Inc/The           Bank   of  America    Merrill    Lynch
        7,290                                               81,648
            Ultimate     Software     Group   Inc/The           Goldman    Sachs
         446                                               4,995
            Ultra   Clean   Holdings     Inc             Bank   of  America    Merrill    Lynch
       (80,872)                                                (25,879)
            Ultragenyx      Pharmaceutical        Inc          Goldman    Sachs
        2,054                                                5,279
            Ultragenyx      Pharmaceutical        Inc          Bank   of  America    Merrill    Lynch
        (8,361)                                               (21,488)
            Ultrapar     Participacoes       SA  ADR          Morgan    Stanley
       (186,376)                                                (80,142)
            UMB  Financial     Corp                Bank   of  America    Merrill    Lynch
       (120,093)                                                (136,906)
            Umpqua    Holdings     Corp               Goldman    Sachs
        50,112                                               (14,532)
            Umpqua    Holdings     Corp               Bank   of  America    Merrill    Lynch
       (22,452)                                                 6,511
            Under   Armour    Inc   ‘A’              Morgan    Stanley
       (21,003)                                                (52,718)
            Under   Armour    Inc   ‘A’              Goldman    Sachs
       (55,949)                                                (91,884)
            Unifi   Inc                    Bank   of  America    Merrill    Lynch
       (48,529)                                                (35,426)
            UniFirst     Corp/MA                   Bank   of  America    Merrill    Lynch
        2,251                                                5,200
            UniFirst     Corp/MA                   Goldman    Sachs
        2,786                                                6,436
            UniFirst     Corp/MA                   Morgan    Stanley
        1,103                                                5,989
            Union   Bankshares      Corp               Bank   of  America    Merrill    Lynch
       (465,202)                                                (265,165)
        4,752    Union   Pacific    Corp                Morgan    Stanley                45,429
            Union   Pacific    Corp                Bank   of  America    Merrill    Lynch
       (62,080)                                               (103,674)
            Unit   Corp                     Goldman    Sachs
        13,219                                               (20,357)
            United    Bankshares      Inc/WV              Bank   of  America    Merrill    Lynch
       (127,103)                                                (90,243)
            United    Bankshares      Inc/WV              Goldman    Sachs
       (127,432)                                                (117,376)
            United    Community     Banks   Inc/GA            Goldman    Sachs
        42,575                                                (7,664)
            United    Community     Banks   Inc/GA            Bank   of  America    Merrill    Lynch
       217,506                                                (39,151)
            United    Community     Banks   Inc/GA            Morgan    Stanley
        6,154                                                2,708
            United    Community     Financial     Corp/OH          Bank   of  America    Merrill    Lynch
       465,901                                                23,295
            United    Community     Financial     Corp/OH          Goldman    Sachs
        41,867                                                2,093
            United    Community     Financial     Corp/OH          Morgan    Stanley
        69,321                                                14,557
                                192/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            United    Fire   Group   Inc              Goldman    Sachs
       (42,794)                                               (111,520)
            United    Insurance     Holdings     Corp          Bank   of  America    Merrill    Lynch
       (29,768)                                                (5,358)
            United    Insurance     Holdings     Corp          Goldman    Sachs
       (11,378)                                                (2,048)
            United    Natural    Foods   Inc             Bank   of  America    Merrill    Lynch
        17,135                                               (27,073)
            United    Natural    Foods   Inc             Morgan    Stanley
        43,780                                               (13,572)
            United    Parcel    Service    Inc   ‘B’          Bank   of  America    Merrill    Lynch
       (11,628)                                                (41,163)
            United    Parcel    Service    Inc   ‘B’          Morgan    Stanley
       (12,806)                                                (67,872)
            United    Rentals    Inc                Bank   of  America    Merrill    Lynch
        (6,072)                                                14,148
            United    States    Cellular     Corp            Bank   of  America    Merrill    Lynch
        2,743                                                7,077
            United    States    Lime   & Minerals     Inc        Goldman    Sachs
        (2,364)                                                2,979
            United    States    Lime   & Minerals     Inc        Bank   of  America    Merrill    Lynch
        (2,615)                                                3,295
            United    States    Steel   Corp             Goldman    Sachs
       (22,935)                                                39,223
            United    States    Steel   Corp             Morgan    Stanley
        (8,032)                                                18,956
            United    States    Steel   Corp             Bank   of  America    Merrill    Lynch
       (10,625)                                                44,519
            United    Technologies       Corp             Bank   of  America    Merrill    Lynch
       (28,269)                                                269,121
        10,300    United    Therapeutics       Corp             Bank   of  America    Merrill    Lynch       23,896
            UnitedHealth       Group   Inc              Goldman    Sachs
         932                                               1,358
            UnitedHealth       Group   Inc              Morgan    Stanley
         842                                              (1,040)
            Uniti   Group   Inc  (Reit)               Bank   of  America    Merrill    Lynch
       (116,173)                                                (144,055)
            Uniti   Group   Inc  (Reit)               Morgan    Stanley
       (188,090)                                                (212,542)
            Unitil    Corp                    Bank   of  America    Merrill    Lynch
       (45,891)                                               (108,303)
            Unity   Bancorp    Inc                Bank   of  America    Merrill    Lynch
         861                                              (1,231)
            Unity   Bancorp    Inc                Morgan    Stanley
        1,207                                                 109
            Unity   Biotechnology       Inc             Goldman    Sachs
        9,066                                                1,479
            Univar    Inc                    Morgan    Stanley
        (3,855)                                                2,043
            Univar    Inc                    Goldman    Sachs
       (26,746)                                                44,131
            Universal     Corp/VA                  Bank   of  America    Merrill    Lynch
        1,411                                               (5,418)
            Universal     Corp/VA                  Goldman    Sachs
        8,412                                               (32,085)
            Universal     Corp/VA                  Morgan    Stanley
        2,577                                               (5,051)
            Universal     Display    Corp              Goldman    Sachs
       (22,334)                                                (11,167)
            Universal     Electronics      Inc            Bank   of  America    Merrill    Lynch
       (42,102)                                                (8,841)
            Universal     Forest    Products     Inc          Goldman    Sachs
       (32,715)                                                22,573
            Universal     Forest    Products     Inc          Bank   of  America    Merrill    Lynch
        75,066                                               (51,796)
            Universal     Forest    Products     Inc          Morgan    Stanley
       (37,163)                                                (4,831)
       (56,097)     Universal     Health    Realty    Income    Trust   (Reit)    Bank   of  America    Merrill    Lynch       (95,365)
            Universal     Health    Services     Inc   ‘B’        Goldman    Sachs
       (12,330)                                               (118,615)
            Universal     Health    Services     Inc   ‘B’        Bank   of  America    Merrill    Lynch
       (10,043)                                                (96,614)
            Universal     Health    Services     Inc   ‘B’        Morgan    Stanley
       (27,573)                                               (159,648)
            Universal     Insurance     Holdings     Inc         Bank   of  America    Merrill    Lynch
       (18,340)                                                (2,017)
            Universal     Logistics     Holdings     Inc         Bank   of  America    Merrill    Lynch
        49,114                                               (98,228)
            Universal     Stainless     & Alloy   Products     Inc    Bank   of  America    Merrill    Lynch
        38,939                                               (54,125)
            Universal     Stainless     & Alloy   Products     Inc    Morgan    Stanley
        4,314                                               (1,596)
            Universal     Stainless     & Alloy   Products     Inc    Goldman    Sachs
        7,547                                               (10,490)
            Univest    Corp   of  Pennsylvania               Morgan    Stanley
        3,899                                                2,417
            Univest    Corp   of  Pennsylvania               Bank   of  America    Merrill    Lynch
        94,543                                                20,799
                                193/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Univest    Corp   of  Pennsylvania               Goldman    Sachs
        51,213                                                12,923
            Unum   Group                     Goldman    Sachs
        26,285                                               (20,502)
            Unum   Group                     Bank   of  America    Merrill    Lynch
        92,746                                               (72,342)
            Unum   Group                     Morgan    Stanley
        31,430                                                24,830
            Unum   Therapeutics       Inc              Bank   of  America    Merrill    Lynch
        88,012                                               (127,617)
            Upland    Software     Inc               Morgan    Stanley
        1,520                                                2,538
            Upland    Software     Inc               Bank   of  America    Merrill    Lynch
        5,793                                               (5,909)
            Upland    Software     Inc               Goldman    Sachs
        4,314                                               (4,400)
            Urban   One  Inc                  Morgan    Stanley
        52,158                                                1,565
            Urban   One  Inc                  Goldman    Sachs
        9,869                                                1,678
            Urban   Outfitters      Inc               Bank   of  America    Merrill    Lynch
        13,142                                                (7,885)
            US  Auto   Parts   Network    Inc            Morgan    Stanley
        42,301                                                3,384
            US  Auto   Parts   Network    Inc            Bank   of  America    Merrill    Lynch
        11,340                                                 567
            US  Auto   Parts   Network    Inc            Goldman    Sachs
        20,358                                                1,018
            US  Bancorp                      Bank   of  America    Merrill    Lynch
       (130,730)                                                 61,443
        1,782    US  Concrete     Inc                 Goldman    Sachs                 351
            US  Ecology    Inc                  Bank   of  America    Merrill    Lynch
        (7,392)                                                17,741
            US  Foods   Holding    Corp               Goldman    Sachs
        (7,434)                                                (4,557)
            US  Foods   Holding    Corp               Morgan    Stanley
       (84,121)                                                (8,412)
            US  Foods   Holding    Corp               Bank   of  America    Merrill    Lynch
       (55,790)                                                (24,548)
            US  Physical     Therapy    Inc             Bank   of  America    Merrill    Lynch
        17,591                                                46,264
            US  Physical     Therapy    Inc             Goldman    Sachs
        8,972                                               24,783
            US  Physical     Therapy    Inc             Morgan    Stanley
        3,886                                               19,041
            US  Silica    Holdings     Inc              Morgan    Stanley
       (38,429)                                                28,053
            US  Silica    Holdings     Inc              Goldman    Sachs
       (20,261)                                                24,313
            US  Xpress    Enterprises      Inc   ‘A’          Bank   of  America    Merrill    Lynch
        6,486                                               (1,232)
            US  Xpress    Enterprises      Inc   ‘A’          Goldman    Sachs
        10,534                                                (2,001)
            US  Xpress    Enterprises      Inc   ‘A’          Morgan    Stanley
        10,223                                                1,738
            USA  Technologies       Inc               Bank   of  America    Merrill    Lynch
       (31,027)                                                 2,482
            USA  Technologies       Inc               Morgan    Stanley
       (38,467)                                                 5,001
            USA  Truck   Inc                  Bank   of  America    Merrill    Lynch
        (5,716)                                                10,632
            USA  Truck   Inc                  Goldman    Sachs
        (9,295)                                                17,289
            USANA   Health    Sciences     Inc            Goldman    Sachs
        (1,255)                                                (2,070)
            USANA   Health    Sciences     Inc            Morgan    Stanley
        (2,047)                                                (4,872)
         (612)   USANA   Health    Sciences     Inc            Bank   of  America    Merrill    Lynch        (704)
            Vail   Resorts    Inc                 Goldman    Sachs
         (586)                                               (8,667)
            Vail   Resorts    Inc                 Morgan    Stanley
        (6,724)                                               (97,162)
            Vail   Resorts    Inc                 Bank   of  America    Merrill    Lynch
        1,598                                               23,634
            Vail   Resorts    Inc                 Goldman    Sachs
         599                                               8,859
            Vale   SA  ADR                   Morgan    Stanley
        3,077                                                 431
            Vale   SA  ADR                   Goldman    Sachs
        38,593                                               (59,047)
            Valero    Energy    Corp                Bank   of  America    Merrill    Lynch
        (7,616)                                                33,663
            Valhi   Inc                    Bank   of  America    Merrill    Lynch
        (3,868)                                                  39
            Valley    National     Bancorp               Bank   of  America    Merrill    Lynch
       (147,325)                                                (89,868)
            Valley    National     Bancorp               Morgan    Stanley
        1,000                                                 660
                                194/242



                                                           EDINET提出書類
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                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Valmont    Industries      Inc              Goldman    Sachs
         (691)                                               1,271
            Valmont    Industries      Inc              Bank   of  America    Merrill    Lynch
       (52,532)                                                96,659
            Valmont    Industries      Inc              Morgan    Stanley
       (38,711)                                               (106,455)
            Valvoline     Inc                  Goldman    Sachs
        7,261                                                3,122
            Valvoline     Inc                  Morgan    Stanley
        71,673                                                21,502
            Valvoline     Inc                  Bank   of  America    Merrill    Lynch
       (29,244)                                                (12,575)
            Varex   Imaging    Corp                Goldman    Sachs
        (2,289)                                                (3,250)
            Varex   Imaging    Corp                Bank   of  America    Merrill    Lynch
       (77,223)                                               (109,657)
            Varex   Imaging    Corp                Morgan    Stanley
       (33,748)                                                (63,446)
            Varian    Medical    Systems    Inc            Bank   of  America    Merrill    Lynch
        13,606                                                58,098
            Varonis    Systems    Inc               Bank   of  America    Merrill    Lynch
        5,956                                               (3,752)
            Varonis    Systems    Inc               Goldman    Sachs
        3,329                                               (2,097)
            Varonis    Systems    Inc               Morgan    Stanley
        5,245                                               22,816
            Vector    Group   Ltd                 Goldman    Sachs
        85,913                                               (140,607)
            Vector    Group   Ltd                 Morgan    Stanley
       (120,107)                                                112,901
       547,290     Vector    Group   Ltd                 Bank   of  America    Merrill    Lynch      (903,029)
            Vectren    Corp                   Goldman    Sachs
        29,127                                                5,243
            Vectren    Corp                   Morgan    Stanley
        95,137                                                4,757
            Vectren    Corp                   Bank   of  America    Merrill    Lynch
         (674)                                                (121)
            Vectren    Corp                   Goldman    Sachs
       (28,005)                                                (5,041)
            Vectrus    Inc                   Bank   of  America    Merrill    Lynch
        3,886                                               (2,565)
            Vectrus    Inc                   Goldman    Sachs
        3,783                                               (2,497)
            Vectrus    Inc                   Morgan    Stanley
        2,971                                                (713)
            Veeco   Instruments      Inc              Bank   of  America    Merrill    Lynch
       (40,901)                                                (12,679)
            Veeva   Systems    Inc   ‘A’              Bank   of  America    Merrill    Lynch
        17,120                                               111,280
            Venator    Materials     Plc              Morgan    Stanley
        52,346                                               (20,938)
            Ventas    Inc  (Reit)                  Morgan    Stanley
        (7,959)                                                (9,073)
            Veoneer    Inc                   Goldman    Sachs
       (16,939)                                                 9,994
            Veoneer    Inc                   Morgan    Stanley
        (3,982)                                                (2,787)
            Vera   Bradley    Inc                 Bank   of  America    Merrill    Lynch
       (93,920)                                                124,914
            Vera   Bradley    Inc                 Goldman    Sachs
        (2,658)                                                3,535
            Veracyte     Inc                   Bank   of  America    Merrill    Lynch
       123,186                                               (186,011)
            Veracyte     Inc                   Goldman    Sachs
        23,043                                               (29,603)
            VEREIT    Inc  (Reit)                  Goldman    Sachs
       (41,642)                                                (1,249)
      (1,307,270)       VEREIT    Inc  (Reit)                  Bank   of  America    Merrill    Lynch       (39,218)
            VEREIT    Inc  (Reit)                  Morgan    Stanley
       (723,341)                                                (115,735)
            Vericel    Corp                   Bank   of  America    Merrill    Lynch
        (7,815)                                                (2,266)
            Verint    Systems    Inc                Bank   of  America    Merrill    Lynch
       (56,161)                                                (6,739)
            Verint    Systems    Inc                Morgan    Stanley
        (9,330)                                               (17,914)
            VeriSign     Inc                   Bank   of  America    Merrill    Lynch
        25,431                                                27,974
            Verisk    Analytics     Inc               Goldman    Sachs
        (9,905)                                                 (196)
            Verisk    Analytics     Inc               Bank   of  America    Merrill    Lynch
       (81,043)                                                20,261
            Verisk    Analytics     Inc               Morgan    Stanley
       (19,134)                                                (68,308)
            Veritiv    Corp                   Bank   of  America    Merrill    Lynch
        (3,635)                                                (5,852)
            Verizon    Communications        Inc            Bank   of  America    Merrill    Lynch
       (48,559)                                                (36,905)
                                195/242



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                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Versum    Materials     Inc               Goldman    Sachs
        10,359                                                5,283
            Versum    Materials     Inc               Morgan    Stanley
        8,372                                               11,470
            Vertex    Pharmaceuticals        Inc            Bank   of  America    Merrill    Lynch
        7,950                                               105,894
            VF  Corp                      Bank   of  America    Merrill    Lynch
        28,960                                               (107,152)
            VF  Corp                      Morgan    Stanley
        7,731                                               10,823
            Viacom    Inc   ‘A’                 Bank   of  America    Merrill    Lynch
        28,257                                               (33,626)
            Viacom    Inc   ‘A’                 Goldman    Sachs
        6,169                                               (7,341)
            Viacom    Inc   ‘B’                 Bank   of  America    Merrill    Lynch
        43,188                                               (29,368)
            Viacom    Inc   ‘B’                 Morgan    Stanley
        48,956                                                5,385
            Viad   Corp                     Bank   of  America    Merrill    Lynch
       (30,225)                                                26,598
            ViaSat    Inc                    Bank   of  America    Merrill    Lynch
        2,062                                               (2,041)
            ViaSat    Inc                    Goldman    Sachs
       (52,896)                                                52,367
            ViaSat    Inc                    Morgan    Stanley
        (8,150)                                                (6,846)
            Viavi   Solutions     Inc               Bank   of  America    Merrill    Lynch
       (66,798)                                                (4,008)
            Vicor   Corp                    Goldman    Sachs
        (6,429)                                                5,079
            Vicor   Corp                    Morgan    Stanley
        (9,421)                                               (10,646)
            Vicor   Corp                    Bank   of  America    Merrill    Lynch
       (15,177)                                                11,990
            ViewRay    Inc                   Morgan    Stanley
       (31,261)                                                (8,128)
            ViewRay    Inc                   Goldman    Sachs
        (9,260)                                                (3,837)
            Viking    Therapeutics       Inc             Goldman    Sachs
       (33,105)                                                16,884
            Village    Super   Market    Inc   ‘A’          Bank   of  America    Merrill    Lynch
       (23,482)                                                (41,798)
            Village    Super   Market    Inc   ‘A’          Goldman    Sachs
       (29,321)                                                (52,000)
            Vince   Holding    Corp                Morgan    Stanley
       (14,891)                                                (6,105)
            Virtu   Financial     Inc   ‘A’             Goldman    Sachs
        (7,282)                                                4,966
            Virtu   Financial     Inc   ‘A’             Bank   of  America    Merrill    Lynch
       (32,391)                                                14,576
            Virtu   Financial     Inc   ‘A’             Morgan    Stanley
        (1,891)                                                 567
            Virtus    Investment      Partners     Inc          Goldman    Sachs
         406                                               (398)
            Vishay    Intertechnology        Inc            Goldman    Sachs
        87,573                                               101,585
            Vishay    Intertechnology        Inc            Bank   of  America    Merrill    Lynch
        84,893                                                98,476
            Vishay    Intertechnology        Inc            Morgan    Stanley
       117,740                                                124,804
        (4,595)    Visteon    Corp                   Goldman    Sachs                24,675
            Visteon    Corp                   Morgan    Stanley
       (11,742)                                                64,698
            Visteon    Corp                   Bank   of  America    Merrill    Lynch
       (23,464)                                                126,002
            Vistra    Energy    Corp                Goldman    Sachs
       (18,953)                                                (1,327)
            Vivint    Solar   Inc                 Morgan    Stanley
        (2,737)                                                 (109)
            Vivint    Solar   Inc                 Bank   of  America    Merrill    Lynch
       (22,377)                                                (3,357)
            VMware    Inc   ‘A’                 Morgan    Stanley
        1,821                                               23,400
            VMware    Inc   ‘A’                 Bank   of  America    Merrill    Lynch
        11,712                                                94,984
        11,635    Vocera    Communications        Inc            Bank   of  America    Merrill    Lynch       32,694
            Vocera    Communications        Inc            Goldman    Sachs
        14,202                                                40,255
            Vocera    Communications        Inc            Morgan    Stanley
        1,372                                                4,089
            Vonage    Holdings     Corp               Goldman    Sachs
       (21,712)                                                (1,737)
            Vonage    Holdings     Corp               Bank   of  America    Merrill    Lynch
        (7,913)                                                 (633)
            Vornado    Realty    Trust   (Reit)             Goldman    Sachs
       (39,455)                                                (22,451)
            Vornado    Realty    Trust   (Reit)             Bank   of  America    Merrill    Lynch
       (69,582)                                                (48,707)
                                196/242



                                                           EDINET提出書類
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                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
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                                                    （米ドル）
            米国（続き）
            Vornado    Realty    Trust   (Reit)             Morgan    Stanley
       (11,465)                                                (19,605)
            VOXX   International       Corp              Goldman    Sachs
       (43,044)                                                 (430)
            VOXX   International       Corp              Bank   of  America    Merrill    Lynch
        (7,886)                                                 (79)
            Voya   Financial     Inc                Morgan    Stanley
        66,678                                                85,348
            Voyager    Therapeutics       Inc             Morgan    Stanley
        3,599                                                (936)
            VSE  Corp                      Goldman    Sachs
        (2,290)                                                2,611
            VSE  Corp                      Bank   of  America    Merrill    Lynch
       (49,594)                                                56,537
            Vulcan    Materials     Co               Bank   of  America    Merrill    Lynch
        25,891                                               (20,972)
            W&T  Offshore     Inc                 Bank   of  America    Merrill    Lynch
        33,266                                               (20,958)
            W&T  Offshore     Inc                 Goldman    Sachs
        28,202                                               (17,767)
            W&T  Offshore     Inc                 Morgan    Stanley
       (66,295)                                                (3,978)
            Wabash    National     Corp               Goldman    Sachs
        34,970                                                 564
            Wabash    National     Corp               Morgan    Stanley
        58,989                                                17,697
            Wabash    National     Corp               Bank   of  America    Merrill    Lynch
        43,145                                                 431
            WABCO   Holdings     Inc                Morgan    Stanley
       (46,616)                                                (94,630)
       (12,654)     WABCO   Holdings     Inc                Bank   of  America    Merrill    Lynch       (58,841)
            WABCO   Holdings     Inc                Goldman    Sachs
        (7,446)                                               (34,624)
            Wabtec    Corp                    Morgan    Stanley
        (5,845)                                               (39,512)
            Wabtec    Corp                    Goldman    Sachs
       (18,714)                                               (120,144)
            Wabtec    Corp                    Bank   of  America    Merrill    Lynch
        (5,835)                                               (37,461)
            Waddell    & Reed   Financial     Inc   ‘A’        Goldman    Sachs
       (263,042)                                                (189,390)
            Waddell    & Reed   Financial     Inc   ‘A’        Morgan    Stanley
       (50,061)                                                (13,516)
            WageWorks     Inc                  Bank   of  America    Merrill    Lynch
        40,408                                               (130,922)
            WageWorks     Inc                  Morgan    Stanley
         904                                               (796)
            Walgreens     Boots   Alliance     Inc           Goldman    Sachs
        (1,902)                                                (3,293)
            Walgreens     Boots   Alliance     Inc           Bank   of  America    Merrill    Lynch
       (44,216)                                               (114,077)
            Walgreens     Boots   Alliance     Inc           Morgan    Stanley
        (8,886)                                               (36,077)
            Walker    & Dunlop    Inc               Bank   of  America    Merrill    Lynch
        29,848                                                17,312
            Walmart    Inc                   Goldman    Sachs
        2,526                                                7,740
            Walt   Disney    Co/The                 Goldman    Sachs
        5,452                                               (1,418)
            Walt   Disney    Co/The                 Morgan    Stanley
        29,171                                               139,146
            Walt   Disney    Co/The                 Bank   of  America    Merrill    Lynch
       (56,832)                                                14,776
            Warrior    Met  Coal   Inc               Goldman    Sachs
       (100,276)                                                219,604
            Warrior    Met  Coal   Inc               Morgan    Stanley
       (38,445)                                                (48,825)
       397,876     Washington      Federal    Inc              Bank   of  America    Merrill    Lynch       306,365
            Washington      Federal    Inc              Goldman    Sachs
        38,408                                                30,497
            Washington      Federal    Inc              Morgan    Stanley
        39,601                                                46,333
            Washington      Real   Estate    Investment      Trust
                                    Bank   of  America    Merrill    Lynch
       (259,506)                                                293,242
            (Reit)
            Washington      Real   Estate    Investment      Trust
       (75,022)                             Morgan    Stanley                73,522
            (Reit)
            Washington      Real   Estate    Investment      Trust
                                    Goldman    Sachs
       (25,894)                                                29,327
            (Reit)
            Waste   Connections      Inc              Bank   of  America    Merrill    Lynch
        (2,088)                                                (3,278)
            Waste   Management      Inc               Bank   of  America    Merrill    Lynch
        9,230                                               16,060
            Waters    Corp                    Bank   of  America    Merrill    Lynch
        (3,432)                                                1,167
                                197/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Waterstone      Financial     Inc             Goldman    Sachs
       (52,301)                                                 7,322
            Watsco    Inc                    Bank   of  America    Merrill    Lynch
        17,121                                               108,376
            Watts   Water   Technologies       Inc   ‘A’        Bank   of  America    Merrill    Lynch
        86,103                                               (151,541)
            WaVe   Life   Sciences     Ltd              Morgan    Stanley
        (4,470)                                               (20,070)
            Wayfair    Inc   ‘A’                 Morgan    Stanley
        (8,123)                                               (139,309)
            WD-40   Co                    Bank   of  America    Merrill    Lynch
         (717)                                               (5,091)
            Webster    Financial     Corp              Bank   of  America    Merrill    Lynch
        12,018                                               (15,984)
            WEC  Energy    Group   Inc               Goldman    Sachs
        39,701                                                25,471
            WEC  Energy    Group   Inc               Morgan    Stanley
        22,186                                                22,630
            Weight    Watchers     International       Inc        Morgan    Stanley
       (23,845)                                                (78,689)
            Weight    Watchers     International       Inc        Bank   of  America    Merrill    Lynch
        3,425                                                 925
            Weight    Watchers     International       Inc        Bank   of  America    Merrill    Lynch
       (33,599)                                                (9,072)
            Weingarten      Realty    Investors     (Reit)         Morgan    Stanley
        54,443                                                42,466
            Weingarten      Realty    Investors     (Reit)         Bank   of  America    Merrill    Lynch
        3,764                                                3,576
            Weis   Markets    Inc                 Bank   of  America    Merrill    Lynch
       (78,153)                                                33,606
       (94,006)     Welbilt    Inc                   Bank   of  America    Merrill    Lynch       (47,943)
            WellCare     Health    Plans   Inc            Goldman    Sachs
        1,602                                                5,030
            WellCare     Health    Plans   Inc            Bank   of  America    Merrill    Lynch
        6,706                                               21,057
            WellCare     Health    Plans   Inc            Morgan    Stanley
        6,192                                               58,948
            Wells   Fargo   & Co                Bank   of  America    Merrill    Lynch
       (29,934)                                                (40,411)
            Welltower     Inc  (Reit)                Bank   of  America    Merrill    Lynch
       (15,221)                                                (29,529)
            Welltower     Inc  (Reit)                Morgan    Stanley
       (13,507)                                                (22,151)
            Wendy’s     Co/The                   Goldman    Sachs
        74,348                                                46,839
            Wendy’s     Co/The                   Morgan    Stanley
        43,959                                                16,265
            Wendy’s     Co/The                   Bank   of  America    Merrill    Lynch
       149,870                                                94,418
            Werner    Enterprises      Inc              Bank   of  America    Merrill    Lynch
       115,707                                                11,571
            Werner    Enterprises      Inc              Goldman    Sachs
        11,245                                                1,125
            Wesco   Aircraft     Holdings     Inc           Bank   of  America    Merrill    Lynch
        8,456                                               (16,574)
            WESCO   International       Inc             Bank   of  America    Merrill    Lynch
        77,506                                               (19,377)
            WESCO   International       Inc             Goldman    Sachs
        5,784                                               (1,446)
            WESCO   International       Inc             Morgan    Stanley
        56,135                                                84,764
            West   Bancorporation        Inc             Bank   of  America    Merrill    Lynch
       101,487                                                (61,907)
            West   Bancorporation        Inc             Goldman    Sachs
        52,469                                               (32,006)
            West   Bancorporation        Inc             Morgan    Stanley
        35,669                                                 (713)
       (15,091)     West   Pharmaceutical        Services     Inc         Goldman    Sachs                (4,376)
            West   Pharmaceutical        Services     Inc         Bank   of  America    Merrill    Lynch
       (25,278)                                                (7,331)
            West   Pharmaceutical        Services     Inc         Morgan    Stanley
        (8,054)                                               (25,612)
            Westamerica      Bancorporation                 Goldman    Sachs
       (39,437)                                                (31,568)
            Westamerica      Bancorporation                 Morgan    Stanley
       (24,014)                                                (15,369)
            Western    Alliance     Bancorp               Bank   of  America    Merrill    Lynch
        79,605                                               (10,349)
            Western    Alliance     Bancorp               Goldman    Sachs
        24,652                                                (3,205)
            Western    Alliance     Bancorp               Morgan    Stanley
        19,827                                                16,258
            Western    Digital    Corp               Morgan    Stanley
        (7,580)                                                23,119
            Western    New  England    Bancorp    Inc         Goldman    Sachs
       (16,022)                                                (4,486)
            Western    New  England    Bancorp    Inc         Bank   of  America    Merrill    Lynch
       (104,851)                                                (29,358)
                                198/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Western    Union   Co/The                Bank   of  America    Merrill    Lynch
       197,615                                                (17,785)
            Westrock     Co                   Goldman    Sachs
        3,077                                                3,600
            Westrock     Co                   Bank   of  America    Merrill    Lynch
       109,559                                                128,184
            Westrock     Co                   Morgan    Stanley
       194,442                                                248,886
            Westwood     Holdings     Group   Inc           Goldman    Sachs
        12,587                                                (9,275)
            Westwood     Holdings     Group   Inc           Morgan    Stanley
        1,553                                               (1,444)
            Westwood     Holdings     Group   Inc           Bank   of  America    Merrill    Lynch
        24,246                                               (27,883)
            WEX  Inc                      Bank   of  America    Merrill    Lynch
         230                                               (444)
            WEX  Inc                      Morgan    Stanley
        8,282                                               24,161
            WEX  Inc                      Goldman    Sachs
        7,301                                               (42,520)
            Weyerhaeuser       Co  (Reit)               Bank   of  America    Merrill    Lynch
        20,786                                                (2,079)
            Whirlpool     Corp                  Bank   of  America    Merrill    Lynch
        21,545                                               279,654
            White   Mountains     Insurance     Group   Ltd       Goldman    Sachs
         751                                              14,577
            White   Mountains     Insurance     Group   Ltd       Bank   of  America    Merrill    Lynch
          43                                               159
            White   Mountains     Insurance     Group   Ltd       Morgan    Stanley
        2,585                                               43,893
         (783)   White   Mountains     Insurance     Group   Ltd       Goldman    Sachs               (15,198)
            White   Mountains     Insurance     Group   Ltd       Bank   of  America    Merrill    Lynch
        (4,984)                                               (96,739)
            Whiting    Petroleum     Corp              Goldman    Sachs
        7,120                                               (29,690)
            Whiting    Petroleum     Corp              Bank   of  America    Merrill    Lynch
        25,202                                               (105,092)
            WideOpenWest       Inc                 Bank   of  America    Merrill    Lynch
        8,276                                               (8,855)
            WideOpenWest       Inc                 Goldman    Sachs
        18,032                                               (19,294)
            WideOpenWest       Inc                 Morgan    Stanley
        8,270                                               (5,045)
            Willdan    Group   Inc                Morgan    Stanley
       (18,950)                                                (29,562)
            Willdan    Group   Inc                Bank   of  America    Merrill    Lynch
        (8,071)                                                (6,618)
            William    Lyon   Homes    ‘A’             Bank   of  America    Merrill    Lynch
       140,556                                                153,206
            William    Lyon   Homes    ‘A’             Morgan    Stanley
        15,419                                                4,472
            William    Lyon   Homes    ‘A’             Goldman    Sachs
        42,636                                                46,473
            Williams     Cos  Inc/The                 Goldman    Sachs
        18,752                                                8,438
            Williams     Cos  Inc/The                 Bank   of  America    Merrill    Lynch
        92,525                                                41,636
            Williams     Cos  Inc/The                 Morgan    Stanley
        40,953                                                37,267
            Williams-Sonoma        Inc               Goldman    Sachs
         (860)                                               (3,528)
            Williams-Sonoma        Inc               Bank   of  America    Merrill    Lynch
         300                                              (1,512)
            Williams-Sonoma        Inc               Morgan    Stanley
         (804)                                               (1,640)
            Willis    Towers    Watson    Plc             Goldman    Sachs
        (9,882)                                                7,906
        29,120    Willscot     Corp                   Bank   of  America    Merrill    Lynch       (50,086)
            Willscot     Corp                   Goldman    Sachs
        29,747                                               (51,165)
            Willscot     Corp                   Morgan    Stanley
        13,964                                                6,005
            Windstream      Holdings     Inc             Bank   of  America    Merrill    Lynch
        16,097                                               (11,107)
            Windstream      Holdings     Inc             Goldman    Sachs
        24,647                                               (17,006)
            Windstream      Holdings     Inc             Morgan    Stanley
        7,004                                                 280
            Wingstop     Inc                   Bank   of  America    Merrill    Lynch
        31,246                                               (51,243)
            Wingstop     Inc                   Goldman    Sachs
        8,717                                               (14,296)
            Wingstop     Inc                   Morgan    Stanley
        12,794                                                20,087
            Winmark    Corp                   Bank   of  America    Merrill    Lynch
        (4,767)                                                9,296
            Winmark    Corp                   Goldman    Sachs
        (1,649)                                                2,227
                                199/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Winnebago     Industries      Inc             Goldman    Sachs
        1,361                                                1,068
            Winthrop     Realty    Trust   (Reit)            Bank   of  America    Merrill    Lynch
        10,347                                               (89,502)
            Wintrust     Financial     Corp              Goldman    Sachs
        6,561                                               (6,430)
            Wintrust     Financial     Corp              Bank   of  America    Merrill    Lynch
        89,752                                               (87,957)
            Wintrust     Financial     Corp              Morgan    Stanley
        8,314                                               11,058
            WisdomTree      Investments      Inc            Goldman    Sachs
        (4,665)                                                1,073
            WisdomTree      Investments      Inc            Bank   of  America    Merrill    Lynch
       (367,991)                                                 84,638
            WisdomTree      Investments      Inc            Morgan    Stanley
       (139,570)                                                 29,310
            Wix.com    Ltd                   Goldman    Sachs
        (1,705)                                                (1,040)
            Wix.com    Ltd                   Bank   of  America    Merrill    Lynch
        1,512                                                 922
            Wix.com    Ltd                   Morgan    Stanley
        (1,058)                                                (7,618)
            Wolverine     World   Wide   Inc             Bank   of  America    Merrill    Lynch
        49,635                                                86,365
            Wolverine     World   Wide   Inc             Morgan    Stanley
        9,710                                                9,613
            Wolverine     World   Wide   Inc             Goldman    Sachs
        38,795                                                67,503
            Woodward     Inc                   Goldman    Sachs
        (8,902)                                               (18,655)
       (22,758)     Woodward     Inc                   Bank   of  America    Merrill    Lynch       (30,041)
            Woodward     Inc                   Morgan    Stanley
        (7,864)                                               (15,492)
            Workhorse     Group   Inc               Bank   of  America    Merrill    Lynch
        52,357                                                (6,492)
            Workhorse     Group   Inc               Goldman    Sachs
        8,904                                               (1,104)
            Workhorse     Group   Inc               Morgan    Stanley
        21,706                                                (2,366)
            Workiva    Inc                   Bank   of  America    Merrill    Lynch
       101,245                                                (18,224)
            World   Fuel   Services     Corp             Morgan    Stanley
        21,054                                                13,896
            World   Fuel   Services     Corp             Bank   of  America    Merrill    Lynch
        91,050                                               (184,832)
            World   Fuel   Services     Corp             Goldman    Sachs
        17,411                                               (35,344)
            World   Wrestling     Entertainment       Inc   ‘A’      Bank   of  America    Merrill    Lynch
        23,673                                               149,613
            Worldpay     Inc   ‘A’                Bank   of  America    Merrill    Lynch
       (27,066)                                                (75,243)
            Worldpay     Inc   ‘A’                Morgan    Stanley
       (71,395)                                               (432,654)
            Worthington      Industries      Inc            Goldman    Sachs
        6,614                                               11,367
            WP  Carey   Inc  (Reit)                 Goldman    Sachs
       (19,586)                                                (12,559)
            WP  Carey   Inc  (Reit)                 Bank   of  America    Merrill    Lynch
       (126,074)                                                (144,985)
            WP  Carey   Inc  (Reit)                 Morgan    Stanley
       (125,660)                                                 79,166
            WPX  Energy    Inc                  Bank   of  America    Merrill    Lynch
        (9,941)                                                5,368
            WR  Berkley    Corp                  Bank   of  America    Merrill    Lynch
       (61,196)                                                (93,630)
            WR  Berkley    Corp                  Morgan    Stanley
       (125,959)                                                (134,776)
        37,808    WR  Grace   & Co                  Bank   of  America    Merrill    Lynch       (58,602)
            WR  Grace   & Co                  Morgan    Stanley
        22,581                                                11,065
            WSFS   Financial     Corp                Bank   of  America    Merrill    Lynch
       (30,425)                                                  304
            WW  Grainger     Inc                 Goldman    Sachs
         501                                               4,025
            WW  Grainger     Inc                 Bank   of  America    Merrill    Lynch
        2,131                                               12,850
            WW  Grainger     Inc                 Morgan    Stanley
        4,270                                               60,591
            Wyndham    Destinations       Inc             Bank   of  America    Merrill    Lynch
        (3,244)                                                 843
            Wyndham    Destinations       Inc             Goldman    Sachs
       (15,239)                                                 3,965
            Wyndham    Hotels    & Resorts    Inc           Bank   of  America    Merrill    Lynch
        11,452                                                36,475
            Wyndham    Hotels    & Resorts    Inc           Goldman    Sachs
        7,784                                               24,792
            Wyndham    Hotels    & Resorts    Inc           Morgan    Stanley
        2,230                                                5,675
                                200/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Wynn   Resorts    Ltd                 Goldman    Sachs
        (4,697)                                               (20,340)
            Wynn   Resorts    Ltd                 Morgan    Stanley
        (3,867)                                                (9,668)
            Xcel   Energy    Inc                 Bank   of  America    Merrill    Lynch
        57,457                                                28,729
            Xencor    Inc                    Bank   of  America    Merrill    Lynch
        14,468                                                38,919
            Xencor    Inc                    Goldman    Sachs
        12,669                                                34,080
            Xencor    Inc                    Morgan    Stanley
         694                                               3,088
            Xenia   Hotels    & Resorts    Inc  (Reit)          Goldman    Sachs
        12,984                                                2,207
            Xenia   Hotels    & Resorts    Inc  (Reit)          Morgan    Stanley
        25,754                                                12,362
            Xerox   Corp                    Bank   of  America    Merrill    Lynch
       (69,226)                                                16,614
            Xerox   Corp                    Morgan    Stanley
       (13,005)                                                (19,898)
            Xilinx    Inc                    Goldman    Sachs
        1,013                                                2,563
            Xilinx    Inc                    Bank   of  America    Merrill    Lynch
        14,359                                                36,328
            Xilinx    Inc                    Morgan    Stanley
        15,410                                                58,250
            XO  Group   Inc                   Bank   of  America    Merrill    Lynch
        2,470                                                 469
            XOMA   Corp                     Morgan    Stanley
        (3,715)                                                5,312
       (20,299)     XOMA   Corp                     Bank   of  America    Merrill    Lynch       (29,231)
            XOMA   Corp                     Goldman    Sachs
         (925)                                               (1,332)
            XOMA   Corp                     Bank   of  America    Merrill    Lynch
        (2,330)                                                (4,590)
            XOMA   Corp                     Goldman    Sachs
         (106)                                                (209)
            XOMA   Corp                     Morgan    Stanley
         (426)                                                (839)
            Xperi   Corp                    Morgan    Stanley
        13,979                                                 (979)
            XPO  Logistics     Inc                Bank   of  America    Merrill    Lynch
       (10,945)                                                34,707
            Xylem   Inc/NY                    Bank   of  America    Merrill    Lynch
        21,990                                                30,126
            Xylem   Inc/NY                    Morgan    Stanley
        (5,999)                                               (22,796)
            Yandex    NV  ‘A’                  Goldman    Sachs
        4,819                                                (459)
            Yandex    NV  ‘A’                  Bank   of  America    Merrill    Lynch
        6,263                                               (1,816)
            Yandex    NV  ‘A’                  Morgan    Stanley
         665                                                539
            Yelp   Inc                     Bank   of  America    Merrill    Lynch
       127,760                                                62,602
            Yelp   Inc                     Goldman    Sachs
        12,942                                                11,227
            Yext   Inc                     Bank   of  America    Merrill    Lynch
        62,360                                               (127,214)
            Yext   Inc                     Goldman    Sachs
        30,633                                               (62,491)
            York   Water   Co/The                  Bank   of  America    Merrill    Lynch
        14,200                                                11,218
            York   Water   Co/The                  Goldman    Sachs
        8,014                                                6,331
            York   Water   Co/The                  Morgan    Stanley
        6,382                                                1,085
       (93,462)     YRC  Worldwide     Inc                Bank   of  America    Merrill    Lynch       26,169
            YRC  Worldwide     Inc                Goldman    Sachs
       (102,314)                                                 31,366
            Yum  China   Holdings     Inc              Morgan    Stanley
       (15,369)                                                (9,529)
            Zafgen    Inc                    Bank   of  America    Merrill    Lynch
        (7,490)                                                34,080
            ZAGG   Inc                     Bank   of  America    Merrill    Lynch
        47,866                                               (46,909)
            ZAGG   Inc                     Goldman    Sachs
        60,321                                               (59,115)
            Zayo   Group   Holdings     Inc             Bank   of  America    Merrill    Lynch
        48,893                                               188,238
            Zebra   Technologies       Corp   ‘A’           Goldman    Sachs
        2,517                                               35,650
            Zebra   Technologies       Corp   ‘A’           Bank   of  America    Merrill    Lynch
        6,883                                               (6,057)
            Zebra   Technologies       Corp   ‘A’           Morgan    Stanley
         893                                              11,636
            Zendesk    Inc                   Goldman    Sachs
        (1,376)                                               (14,644)
                                201/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                   未実現評価益／
                                                     （損）
      保有高                銘柄                   取引相手
                                                    （米ドル）
            米国（続き）
            Zendesk    Inc                   Bank   of  America    Merrill    Lynch
        71,945                                               266,916
            Zendesk    Inc                   Morgan    Stanley
        (1,782)                                               (11,726)
            Zimmer    Biomet    Holdings     Inc            Bank   of  America    Merrill    Lynch
       (35,531)                                                (27,004)
            ZIOPHARM     Oncology     Inc              Morgan    Stanley
       (94,739)                                                 4,737
            ZIOPHARM     Oncology     Inc              Goldman    Sachs
        (8,284)                                                (2,402)
            Zoetis    Inc                    Goldman    Sachs
        15,348                                                32,805
            Zoetis    Inc                    Bank   of  America    Merrill    Lynch
        34,000                                                63,240
            Zoetis    Inc                    Morgan    Stanley
        45,169                                               191,517
            Zogenix    Inc                   Goldman    Sachs
        (2,561)                                                  3
            Zogenix    Inc                   Morgan    Stanley
        (1,198)                                                1,438
            Zogenix    Inc                   Bank   of  America    Merrill    Lynch
        31,338                                                45,753
            Zscaler    Inc                   Morgan    Stanley
         (524)                                               (2,059)
            Zscaler    Inc                   Goldman    Sachs
       (16,157)                                                51,864
            Zumiez    Inc                    Bank   of  America    Merrill    Lynch
        73,834                                               (105,583)
            Zumiez    Inc                    Morgan    Stanley
        11,046                                                5,192
        89,527    Zynga   Inc   ‘A’                  Bank   of  America    Merrill    Lynch        8,057
                                                     (30,945,709)
     合計                                                (35,355,579)
     *   当該有価証券には市場流動性がない。
     **  0.5米ドル未満の投資は端数切捨てにより0と表示されている。
     添付の注記は、これらの財務書類の不可分の一部である。

                                202/242











                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     スワップ　2018年11月30日現在
                                               未実現評価益         時価
     種類    想定金額               摘要            取引相手      満期日
                                               （米ドル）      （米ドル）
     TRS  USD  10,320,049      ファンドは３ヶ月LIBORを受け取り、
                                    Morgan
                MSCI   Daily   TR  Net  Emerging     Markets
                                         15/12/2018        509,337      509,337
                                    Stanley
                Chile   USD  Indexを支払う
     TRS   USD  3,678,563      ファンドは３ヶ月LIBORを受け取り、
                                    Morgan
                MSCI   Daily   TR  Net  Emerging     Markets
                                                 75,410      75,410
                                          13/3/2019
                                    Stanley
                Chile   USD  Indexを支払う
     合計                                            584,747      584,747
     TRS：トータル・リターン・スワップ
     未決済先渡為替予約　2018年11月30日現在

                                                 未実現評価益／（損）
     通貨      買予約       通貨      売予約           取引相手          期日
                                                    （米ドル）
     ヘッジを使用したスイス・フラン建投資証券クラス
                                State   Street    Bank   &
     CHF       4,624,353      USD        4,608,753                  14/12/2018             23,150
                                Trust   Company
                                State   Street    Bank   &
                                                          96
     USD        321,815    CHF         321,195                 14/12/2018
                                Trust   Company
                                                        23,246
     ヘッジを使用したユーロ建投資証券クラス
                                State   Street    Bank   &
     EUR      558,775,391       USD       635,848,252                   14/12/2018           (1,791,875)
                                Trust   Company
                                State   Street    Bank   &
                                                        284,627
     USD       78,257,647      EUR        68,715,347                  14/12/2018
                                Trust   Company
                                                      (1,507,248)
     ヘッジを使用した英ポンド建投資証券クラス
                                State   Street    Bank   &
     GBP        192,305    USD         250,790                 14/12/2018             (5,621)
                                Trust   Company
                                State   Street    Bank   &
                                                          170
     USD         23,636    GBP          18,406                14/12/2018
                                Trust   Company
                                                        (5,451)
     ヘッジを使用した日本円建投資証券クラス
                                State   Street    Bank   &
                                                        130,356
     JPY     14,138,838,496        USD       124,457,504                   14/12/2018
                                Trust   Company
                                State   Street    Bank   &
                                                        27,139
     USD       6,088,597      JPY       687,883,795                   14/12/2018
                                Trust   Company
                                                        157,495
     ヘッジを使用したスウェーデン・クローネ建投資証券クラス
                                State   Street    Bank   &
     SEK     1,502,218,331        USD       166,219,961                   14/12/2018           (1,115,328)
                                Trust   Company
                                State   Street    Bank   &
                                                        63,527
     USD       9,017,733      SEK        81,470,600                  14/12/2018
                                Trust   Company
                                                      (1,051,801)
     合計                                                 (2,383,759)
     添付の注記は、これらの財務書類の不可分の一部である。

                                203/242






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                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     業種別内訳　2018年11月30日現在
                                     純資産比率
                                      （％）
     金融                                     74.15
     政府                                     16.96
     資産担保証券                                      5.17
     消費財、循環型                                      3.21
     消費財、非循環型                                      2.20
     エネルギー                                      1.36
                                          0.01
     技術
     投資有価証券－時価
                                         103.06
                                          (3.06)
     その他の純負債
                                         100.00
     添付の注記は、これらの財務書類の不可分の一部である。

                                204/242















                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     インスティテューショナル・ＵＳトレジャリー・ファンド
     損益計算書
                                      2018年９月30日に           2017年９月30日に
                                      終了した会計年度           終了した会計年度
                                  注記      千米ドル           千米ドル
     営業収益                              ５

                                            156,737           39,613
                                              121         13,444
     損益を通じて公正価値で測定する金融資産に係る純利益                              ６
     投資収益合計                                       156,858           53,057

     営業費用                              ８         (13,973)           (13,022)
     当期純営業利益                                       142,885           40,035
     財務費用：

                                           (140,739)           (40,445)
     　償還可能参加型投資証券保有者への分配金                              ９
     財務費用合計                                      (140,739)           (40,445)
     当期純利益／（損失）                                        2,146           (410)

     英文目論見書に記載されている評価方法に合わせるための調整                              13           －          937
     運用による償還可能参加型投資証券保有者に帰属する純資産の
                                             2,146            527
     増加
     本損益計算書に計上された損益以外で当会計年度に認識された損益はない。

     添付の注記は、これらの財務書類の不可分の一部である。
     インスティテューショナル・ＵＳトレジャリー・ファンド

     償還可能参加型投資証券保有者に帰属する純資産変動計算書
                                      2018年９月30日に           2017年９月30日に
                                      終了した会計年度           終了した会計年度
                                        千米ドル           千米ドル
     償還可能参加型投資証券保有者に帰属する期首純資産合計

                                           8,000,953           7,669,294
     運用による償還可能参加型投資証券保有者に帰属する
     純資産の増加                                        2,146            527
     投資証券取引：
     　償還可能参加型投資証券の発行による収入                                     53,241,104           34,031,228
     　償還可能参加型投資証券の買戻しによる支払                                     (49,970,976)           (33,711,534)

                                            35,622           11,438
     　分配金再投資額
     投資証券取引による純資産の増加                                      3,305,750            331,132
     償還可能参加型投資証券保有者に帰属する期末純資産合計                                     11,308,849           8,000,953

     添付の注記は、これらの財務書類の不可分の一部である。

                                205/242





                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     インスティテューショナル・ＵＳトレジャリー・ファンド
     貸借対照表
                                      2018年９月30日現在           2017年９月30日現在
                                  注記      千米ドル           千米ドル

     流動資産

     現金                                       496,966          399,707
     現金同等物                                         －          －

     未収金                              11         334,767           3,978
                                          10,495,544           7,604,478
     損益を通じて公正価値で測定する金融資産                             4(d)
     流動資産合計                                     11,327,277           8,008,163

     流動負債
     未払金                              12          18,428           7,210
                                              －          －
     損益を通じて公正価値で測定する金融負債                             4(d)
     流動負債合計                                       18,428           7,210
     償還可能参加型投資証券保有者に帰属する期末純資産価額                                     11,308,849           8,000,953

     添付の注記は、これらの財務書類の不可分の一部である。

                                206/242












                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     インスティテューショナル・ＵＳトレジャリー・ファンド
     投資有価証券明細表　2018年９月30日現在
                                            公正価値        純資産比率
       保有高       通貨              銘柄
                                           （千米ドル）          （％）
     債券
     国債（2017年９月30日：44.11％）
                 米国（2017年９月30日：44.11％）
       175,000,000       USD   US  Treasury,     0.88%,    15/10/2018                    174,949        1.55
                 US  Treasury,     0.75%,    31/10/2018
       67,900,000       USD                                  67,822        0.60
                 US  Treasury,     1.25%,    31/10/2018
       31,235,000       USD                                  31,215        0.28
                 US  Treasury,     1.75%,    31/10/2018
       125,000,000       USD                                  124,972        1.10
                 US  Treasury,     1.38%,    31/12/2018
        3,375,000      USD                                   3,371       0.03
                 US  Treasury,     1.50%,    31/12/2018
       100,000,000       USD                                  99,923        0.88
                 US  Treasury,     1.13%,    15/01/2019
       31,570,000       USD                                  31,498        0.28
                 US  Treasury,     1.13%,    31/01/2019
       28,880,000       USD                                  28,801        0.25
                 US  Treasury,     1.25%,    31/01/2019
       84,305,000       USD                                  84,055        0.74
                 US  Treasury,     1.50%,    31/01/2019
       354,590,000       USD                                  353,760        3.13
                 US  Treasury,     0.75%,    15/02/2019
       130,360,000       USD                                  129,647        1.15
                 US  Treasury,     1.13%,    28/02/2019
       51,675,000       USD                                  51,438        0.45
                 US  Treasury,     1.38%,    28/02/2019
       44,960,000       USD                                  44,799        0.40
       161,985,000       USD   US  Treasury,     1.50%,    28/02/2019                    161,482        1.43
                 US  Treasury,     1.25%,    31/03/2019
       67,000,000       USD                                  66,660        0.59
                 US  Treasury,     FRN,   2.33%,    31/01/2019
       540,000,000       USD                                  540,367        4.78
                 US  Treasury,     FRN,   2.26%,    30/04/2019
       847,690,000       USD                                  848,308        7.50
                 US  Treasury,     FRN,   2.25%,    31/07/2019
       475,000,000       USD                                  475,402        4.20
                 US  Treasury     Bill,   0.00%,    04/10/2018
       82,100,000       USD                                  82,087        0.72
                 US  Treasury     Bill,   0.00%,    11/10/2018
       20,510,000       USD                                  20,499        0.18
                 US  Treasury     Bill,   0.00%,    08/11/2018
       121,500,000       USD                                  121,242        1.07
                 US  Treasury     Bill,   0.00%,    23/11/2018
       90,375,000       USD                                  90,104        0.80
                 US  Treasury     Bill,   0.00%,    29/11/2018
       157,500,000       USD                                  156,963        1.39
                 US  Treasury     Bill,   0.00%,    27/12/2018
       331,450,000       USD                                  329,734        2.91
                 US  Treasury     Bill,   0.00%,    10/01/2019
       175,000,000       USD                                  173,969        1.54
                 US  Treasury     Bill,   0.00%,    17/01/2019
       66,275,000       USD                                  65,850        0.58
                 US  Treasury     Bill,   0.00%,    24/01/2019
       311,625,000       USD                                  309,467        2.74
                 US  Treasury     Bill,   0.00%,    21/02/2019
       100,000,000       USD                                  99,132        0.88
                 US  Treasury     Bill,   0.00%,    28/02/2019
       50,980,000       USD                                  50,511        0.45
                 US  Treasury     Bill,   0.00%,    20/06/2019
       14,320,000       USD                                  14,083        0.12
                 US  Treasury     Bill,   0.00%,    12/09/2019                  57,434        0.51
       58,825,000       USD
                 米国合計                             4,889,544         43.23
     国債に対する投資合計                                         4,889,544         43.23
     債券に対する投資合計                                         4,889,544         43.23
                                207/242






                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                               公正価値      純資産比率
       保有高      通貨          取引相手             金利      期日
                                              （千米ドル）        （％）
             1
     リバースレポ取引         （2017年９月30日：50.93％）
     フランス（2017年９月30日：1.37％）
                                                 110,000       0.97
       110,000,000       USD   Natixis                   2.23%    31/12/2018
     フランス合計                                           110,000       0.97
     米国（2017年９月30日：49.56％）

                 Bank   of  Nova   Scotia
       621,000,000       USD                      2.23%    01/10/2018        621,000       5.49
                 BNP  Paribas
      1,040,000,000        USD                      2.24%    01/10/2018       1,040,000        9.20
       50,000,000       USD   Citigroup                   2.24%    01/10/2018         50,000       0.44
                 Credit    Agricole
       275,000,000       USD                      2.24%    01/10/2018        275,000       2.43
                 Credit    Suisse
       600,000,000       USD                      2.22%    01/10/2018        600,000       5.31
       10,000,000       USD   HSBC                   2.24%    01/10/2018         10,000       0.09
                 Merrill    Lynch
       400,000,000       USD                      2.25%    01/10/2018        400,000       3.54
                 Merrill    Lynch
       150,000,000       USD                      2.25%    01/10/2018        150,000       1.33
                 Societe    Generale
      1,100,000,000        USD                      2.22%    01/10/2018       1,100,000        9.73
                 TD  Securities      (USA)                        1,250,000        11.05
      1,250,000,000        USD                      2.25%    01/10/2018
     米国合計                                          5,496,000        48.61
     リバースレポ取引に対する投資合計                                          5,606,000        49.58
     損益を通じて公正価値で測定する金融資産合計                                          10,495,544        92.81

     現金                                           496,966       4.39
                                                 316,339       2.80
     その他の資産および負債
     償還可能参加型投資証券保有者に帰属する純資産                                          11,308,849        100.00
                                                     資産合計に

     資産合計額の内訳                                                対する割合
                                                      （％）
     公認の証券取引所に上場されている譲渡可能な有価証券合計                                                  43.17
     その他の規制市場で取引されている譲渡可能な有価証券                                                  49.49
                                                        7.34
     その他の資産
     資産合計                                                  100.00
     1

     　担保として保有する有価証券は5,689,765,000米ドルであった。
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                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     ２【ファンドの現況】
      【純資産額計算書】(2019年６月末現在)
      「サイエンティフィック・エクイティ・ファンド」
     Ⅰ　資産総額                                              685,012,310円

     Ⅱ　負債総額                                                400,134円

     Ⅲ　純資産総額(Ⅰ－Ⅱ)                                              684,612,176円

     Ⅳ　発行済数量                                              629,378,676口

     Ⅴ　１単位当たり純資産額(Ⅲ／Ⅳ)                                                1.0878円

      (参考情報)

      「アメリカズ・ロングショート・マザーファンド」
     Ⅰ　資産総額                                             1,313,733,766円

     Ⅱ　負債総額                                                   0円

     Ⅲ　純資産総額(Ⅰ－Ⅱ)                                             1,313,733,766円

     Ⅳ　発行済数量                                             1,019,557,607口

     Ⅴ　１単位当たり純資産額(Ⅲ／Ⅳ)                                                1.2885円

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                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     第４【内国投資信託受益証券事務の概要】
     １　受益証券の名義書換え等

       該当事項はありません。
     ２　受益者名簿の閉鎖の時期

       受益者名簿は作成していません。
     ３　投資者に対する特典

       該当事項はありません。
     ４　内国投資信託受益証券の譲渡制限の内容

       ファンド受益証券の譲渡制限は設けておりません。
     ５　受益証券の再発行

       投資者は、委託会社がやむを得ない事情等により受益証券を発行する場合を除き、無記名式受益証券から記名式受
      益証券への変更の請求、記名式受益証券から無記名式受益証券への変更の請求、受益証券の再発行の請求を行なわな
      いものとします。
     ６　受益権の譲渡

      ①　投資者は、その保有する受益権を譲渡する場合には、当該投資者の譲渡の対象とする受益権が記載または記録さ
       れている振替口座簿に係る振替機関等に振替の申請をするものとします。
      ②　①の申請のある場合には、①の振替機関等は、当該譲渡に係る譲渡人の保有する受益権の口数の減少および譲受
       人の保有する受益権の口数の増加につき、その備える振替口座簿に記載または記録するものとします。ただし、①
       の振替機関等が振替先口座を開設したものでない場合には、譲受人の振替先口座を開設した他の振替機関等（当該
       他の振替機関等の上位機関を含みます。）に社振法の規定にしたがい、譲受人の振替先口座に受益権の口数の増加
       の記載または記録が行なわれるよう通知するものとします。
      ③　①の振替について、委託会社は、当該投資者の譲渡の対象とする受益権が記載または記録されている振替口座簿
       に係る振替機関等と譲受人の振替先口座を開設した振替機関等が異なる場合等において、委託会社が必要と認めた
       ときまたはやむをえない事情があると判断したときは、振替停止日や振替停止期間を設けることができます。
     ７　受益権の譲渡の対抗要件

       受益権の譲渡は、振替口座簿への記載または記録によらなければ、委託会社および受託会社に対抗することができ
      ません。
     ８　受益権の再分割

       委託会社は、受益権の再分割を行ないません。ただし、受託会社と協議のうえ、社振法に定めるところにしたが
      い、一定日現在の受益権を均等に再分割できるものとします。
     ９　償還金

       償還金は、償還日において振替機関等の振替口座簿に記載または記録されている投資者（償還日以前において換金
      が行なわれた受益権に係る投資者を除きます。また、当該償還日以前に設定された受益権で購入代金支払前のため販
      売会社の名義で記載または記録されている受益権については原則として投資者とします。）に支払います。なお、当
      該投資者は、その口座が開設されている振替機関等に対して委託会社がこの信託の償還をするのと引き換えに、当該
      償還に係る受益権の口数と同口数の抹消の申請を行なうものとし、社振法の規定にしたがい当該振替機関等の口座に
      おいて当該口数の減少の記載または記録が行なわれます。また、受益証券を保有している投資者に対しては、償還金
      は、信託終了日後１ヵ月以内の委託会社の指定する日から受益証券と引き換えに当該投資者に支払います。
                                210/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     10　質権口記載または記録の受益権の取り扱いについて
       振替機関等の振替口座簿の質権口に記載または記録されている受益権にかかる収益分配金の支払い、換金の申込の
      受付け、換金代金および償還金の支払い等については、約款の規定によるほか、民法その他の法令等にしたがって取
      り扱われます。
                                211/242



















                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     第二部【委託会社等の情報】

     第１【委託会社等の概況】

     １【委託会社等の概況】

      (1)  資本金の額等
       ①  資本金　　　　　　　　3,120百万円
       ②  発行する株式の総数　　36,000株

       ③  発行済株式の総数　　　15,000株

       ④  直近５ヵ年における主な資本金の額の増減

        2017年12月７日付で、資本金を2,435百万円から3,120百万円に増額しました。
      (2)  委託会社の機構

       ①  経営の意思決定機構
       ＜株主総会＞
        株主により構成される会社における最高の意思決定機関として、取締役の選任、利益処分の承認、定款の変更
        等、会社法および定款の定めにしたがって重要事項の決定を行ないます。
       ＜取締役会＞

        取締役により構成され、当社の業務執行を決定し、その執行について監督します。
       ＜エグゼクティブ委員会他各委員会＞

        当社における適切な経営戦略の構築、業務執行体制の構築および業務運営の推進を目的として、エグゼクティブ
        委員会を設置します。また、その他各種委員会を設置し、業務の能率的運営および責任体制の確立を図っていま
        す。
       ②  運用の意思決定機構

        投資委員会
        ・投資委員会にて運用にかかる投資方針、パフォーマンスおよびリスク管理に関する重要事項を審議します。
        運用担当部署

        ・各運用担当部署では、投資委員会の決定にしたがい、ファンドの個別の運用計画を策定し、各部署の投資プロ
         セスを通して運用を行ないます。
        ポートフォリオ・マネジャー

        ・ポートフォリオ・マネジャーは、策定された運用計画に基づき、個別銘柄を選択し売買に関する指図を行ない
         ます。
        リスク管理

        ・委託会社ではリスク管理を重視しており、独自開発のシステムを用いてリスク管理を行なっております。具体
         的には、運用担当部門とは異なる部門においてファンドの投資リスクの計測・分析、投資制限のモニタリング
         などを行なうことにより、ファンドの投資リスクが運用方針に合致していることを確認し、その結果を運用担
         当部門にフィードバックするほか、社内の関係者で共有しております。また、委託会社の業務に関するリスク
         について社内規程を定めて管理を行なっております。
                                212/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     ２【事業の内容及び営業の概況】
       投信法に定める投資信託委託会社である委託会社は、証券投資信託の設定を行なうとともに金融商品取引法に定め
      る金融商品取引業者としてその運用（投資運用業）を行なっています。また、金融商品取引法に定める投資助言業
      務、第一種金融商品取引業務および第二種金融商品取引業務等を行なっています。
       委託会社の運用する証券投資信託は2019年６月末現在、以下の通りです(親投資信託を除きます。)。
                 種類                   本数            純資産総額
                  追加型株式投資信託                   81本          1,538,584百万円

     公募投資信託
                  単位型株式投資信託                   0本              0百万円

     私募投資信託                                79本          6,420,264百万円

                 合計                    160本           7,958,847百万円

                                213/242
















                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     ３【委託会社等の経理状況】
      １．財務諸表の作成方法について

         委託会社であるブラックロック・ジャパン株式会社（以下「当社」という。）の財務諸表は、「財務諸表等の
        用語、様式及び作成方法に関する規則」（1963年大蔵省令第59号。）第2条及び「金融商品取引業等に関する内閣
        府令」（2007年8月6日内閣府令第52号。）に基づいて作成しております。
      ２．監査証明について

         当社は、金融商品取引法第193条の2第1項の規定に基づき、第32期事業年度（自2018年1月1日　至2018年12月31
        日）の財務諸表について有限責任監査法人トーマツによる監査を受けております。
      ３．財務諸表に記載している金額については、百万円未満の端数を切り捨てて表示しております。

                                214/242
















                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
      (1)【貸借対照表】
                                                     (単位：百万円)
                                       第31期             第32期
                                   (2017年12月31日現在)             (2018年12月31日現在)
     資産の部
     　流動資産
     　　現金・預金                                      19,097             23,891
     　　立替金                                        11              2
     　　前払費用                                        171             151
     　　未収入金                                         3            11
     　　未収委託者報酬                                       1,585             1,588
     　　未収運用受託報酬                                       2,642             2,291
     　　未収収益                          ※２             1,384             1,402
     　　為替予約                                         0             -
                                             33             18
     　　その他流動資産
     　　流動資産計                                      24,928             29,359
     　固定資産
     　　有形固定資産
     　　　建物附属設備                          ※１              946            1,484
                                             411             380
     　　　器具備品                          ※１
     　　　有形固定資産計                                       1,358             1,864
     　　無形固定資産
     　　　ソフトウエア                                         ▶             8
                                             42              -
     　　　のれん
     　　　無形固定資産計                                        47              8
     　　投資その他の資産
     　　　投資有価証券                                         3            11
     　　　長期差入保証金                                       1,124             1,119
     　　　前払年金費用                                        588             696
     　　　長期前払費用                                        25             27
                                             786             848
     　　　繰延税金資産
     　　　投資その他の資産計                                       2,528             2,702
     　　固定資産計                                       3,934             4,575
     　資産合計                                      28,863             33,935
                                215/242









                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                     (単位：百万円)
                                       第31期             第32期
                                   (2017年12月31日現在)             (2018年12月31日現在)
     負債の部
     　流動負債
     　　預り金                                        119             97
     　　未払金                          ※２
     　　　未払収益分配金                                         ▶             ▶
     　　　未払償還金                                        74             74
     　　　未払手数料                                        593             515
     　　　その他未払金                                       1,737             1,184
     　　未払費用                          ※２             1,245             1,039
     　　未払消費税等                                        150             97
     　　未払法人税等                                        438             440
     　　為替予約                                         -             3
     　　前受金                                        79             78
     　　前受収益                                        15              -
     　　賞与引当金                                       1,886             1,939
     　　役員賞与引当金                                        144             142
                                              9            42
     　　早期退職慰労引当金
     　　流動負債計                                       6,500             5,661
     　固定負債
     　　退職給付引当金                                        55             60
                                             262             781
     　　資産除去債務
     　　固定負債計                                        318             842
     　負債合計                                       6,818             6,503
     純資産の部

     　株主資本
     　　資本金                                       3,120             3,120
     　　資本剰余金
     　　　資本準備金                                       3,001             3,001
                                            3,846             3,846
     　　　その他資本剰余金
     　　　資本剰余金合計                                       6,847             6,847
     　　利益剰余金
     　　　利益準備金                                        336             336
     　　　その他利益剰余金
                                           11,739             17,127
     　　　　繰越利益剰余金
     　　　利益剰余金合計                                      12,076             17,464
     　　株主資本合計                                      22,044             27,432
     　評価・換算差額等
                                              0             0
     　　その他有価証券評価差額金
     　　評価・換算差額等合計                                         0             0
     　純資産合計                                      22,044             27,431
     負債・純資産合計                                      28,863             33,935
                                216/242





                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
      (2)【損益計算書】
                                                     (単位：百万円)
                                       第31期             第32期
                                   (自　2017年１月１日             (自　2018年１月１日
                                    至　2017年12月31日)             至　2018年12月31日)
     営業収益
     　委託者報酬                                       5,202             5,639
     　運用受託報酬                          ※１             8,890             8,523
                                           12,257             13,511
     　その他営業収益                          ※１
     　　営業収益計
                                           26,350             27,674
     営業費用
     　支払手数料                                       1,830             1,856
     　広告宣伝費                                        208             191
     　調査費
     　　調査費                                        380             363
                                            4,313             4,164
     　　委託調査費                          ※１
     　　調査費計
                                            4,693             4,528
     　委託計算費                                        86             84
     　営業雑経費
     　　通信費                                        50             59
     　　印刷費                                        62             11
                                             32             34
     　　諸会費
     　　営業雑経費計                                        145             106
     　営業費用計
                                            6,964             6,767
     一般管理費
     　給料
     　　役員報酬                                        353             406
     　　給料・手当                                       3,960             4,213
                                            2,232             2,359
     　　賞与
     　　給料計
                                            6,546             6,979
     　退職給付費用                                        287             275
     　福利厚生費                                        892             940
     　事務委託費                          ※１             2,433             2,568
     　交際費                                        69             66
     　寄付金                                         2             3
     　旅費交通費                                        243             238
     　租税公課                                        231             245
     　不動産賃借料                                        735             804
     　水道光熱費                                        65             72
     　固定資産減価償却費                                        262             315
     　のれん償却額                                        56             42
     　資産除去債務利息費用                                         3             3
                                             363             424
     　諸経費
     　一般管理費計                                      12,194             12,980
     　営業利益
                                            7,191             7,926
                                217/242





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                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                                                     (単位：百万円)
                                       第31期             第32期
                                   (自　2017年１月１日             (自　2018年１月１日
                                    至　2017年12月31日)             至　2018年12月31日)
     営業外収益
     　受取利息                                         0             0
     　有価証券売却益                                         0             0
                                              0             0
     　雑益
     　営業外収益計
                                              1             1
     営業外費用
     　為替差損                                        34             26
                                             34             26
     　営業外費用計
     経常利益
                                            7,158             7,901
     特別利益
     　特別利益計
                                              -             -
     特別損失
     　特別退職金                                        119             84
     　特別損失計                                        119             84
     税引前当期純利益
                                            7,039             7,817
     法人税、住民税及び事業税                                       2,223             2,491
                                             29            △61
     法人税等調整額
     当期純利益                                       4,786             5,387
                                218/242













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      (3)【株主資本等変動計算書】
     第31期　(自　2017年1月1日　至　2017年12月31日)

                                                     (単位：百万円)
                            株主資本                    評価・換算差額等
                    資本剰余金            利益剰余金
                                                         純資産
                                               その他
                                その他利益
                                          株主資本         評価・換算
                                                         合計
                          資本
              資本金                                 有価証券
                                 剰余金
                  資本   その他資本         利益        利益剰余金
                                                   差額等合計
                                          合計
                         剰余金
                                              評価差額金
                 準備金    剰余金        準備金         合計
                                繰越利益
                          合計
                                 剰余金
     2017年1月1日残高         2,435   2,316     3,846   6,162    336    6,953     7,290    15,887       0     0  15,887
     事業年度中の変動額
     　新株の発行          685   685        685                1,370               1,370
     　当期純利益                             4,786     4,786    4,786               4,786
     株主資本以外の項目
     の事業年度中の変動                                             0     0    0
     額（純額）
     事業年度中の変動額
               685   685      -   685    -   4,786     4,786    6,156       0     0   6,156
     合計
     2017年12月31日残高         3,120   3,001     3,846   6,847    336   11,739     12,076    22,044       0     0  22,044
     第32期　(自　2018年1月1日　至　2018年12月31日)

                                                     (単位：百万円)
                            株主資本                    評価・換算差額等
                    資本剰余金            利益剰余金
                                                         純資産
                                               その他
                                その他利益
                                          株主資本
                                                   評価・換算
                                                         合計
                          資本
              資本金                                 有価証券
                                 剰余金
                  資本   その他資本         利益        利益剰余金
                                                   差額等合計
                                          合計
                         剰余金
                                              評価差額金
                 準備金    剰余金        準備金         合計
                                繰越利益
                          合計
                                 剰余金
     2018年1月1日残高         3,120   3,001     3,846   6,847    336   11,739     12,076    22,044       0     0  22,044
     事業年度中の変動額
     　当期純利益                             5,387     5,387    5,387               5,387
     株主資本以外の項目
     の事業年度中の変動                                             0     0    0
     額（純額）
     事業年度中の変動額
                -   -     -   -   -   5,387     5,387    5,387       0     0   5,387
     合計
     2018年12月31日残高         3,120   3,001     3,846   6,847    336   17,127     17,464    27,432       0     0  27,431
                                219/242









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     注　記　事　項
     ［重要な会計方針］

     1.　　有価証券の評価基準及び評価方法
          有価証券
           その他有価証券
            時価のあるもの
            決算日の市場価格等に基づく時価法（評価差額は、全部純資産直入法により処理し、売却原価は、移動
            平均法により算定）を採用しております。
     2.　　デリバティブ取引等の評価基準及び評価方法

         時価法を採用しております。
     3.　　固定資産の減価償却方法

       (1)  　有形固定資産
         定額法により償却しております。なお、主な耐用年数は建物附属設備6～18年、器具備品2～15年であります。
       (2)  　無形固定資産

         自社利用のソフトウエアの減価償却方法については、社内における利用可能期間（5年）に基づく定額法によっ
         ております。
         のれんの償却方法については、その効果の及ぶ期間（5～9年）に基づく定額法によっております。
     4.　　引当金の計上基準

       (1)  　貸倒引当金の計上方法
         債権の貸倒損失に備えるため、貸倒懸念債権等特定の債権については個別に回収可能性を検討し、回収不能見
         込額を計上しております。
       (2)  　退職給付引当金の計上方法
         ①　　旧退職金制度
           適格退職年金制度移行日現在在籍していた従業員については、旧退職金制度に基づく給付額を保証してい
           るため、期末現在の当該給付額と年金制度に基づく給付額との差額を引当て計上しております。
         ②　　確定拠出年金制度

           確定拠出年金制度（DC）による退職年金制度を有しております。
         ③　　確定給付年金制度

           キャッシュ・バランス型の年金制度（CB）の退職年金制度を有しております。CBには、一定の利回り保証
           を付しており、これの将来の支払に備えるため、確定給付型の会計基準に準じた会計処理方法により引当
           金を計上しております。
           退職給付債務の算定にあたり、退職給付見込額を当期までの期間に帰属させる方法については、ポイント
           基準によっております。
           過去勤務債務は、その発生時の従業員の平均残存勤務期間以内の一定の年数（9年）による定額法により費
           用処理しております。
           数理計算上の差異は各事業年度の発生時における従業員の平均残存勤務期間以内の一定の年数（9年）によ
           る定額法により按分した額をそれぞれ発生の翌事業年度から費用処理または費用から控除することとして
           おります。
                                220/242




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       (3)  　賞与引当金の計上方法
         従業員の賞与の支払に備えて、賞与支給見込額の当事業年度負担額を計上しております。
       (4)  　役員賞与引当金の計上方法

         役員の賞与の支払に備えて、賞与支給見込額の当事業年度負担額を計上しております。
       (5)  　早期退職慰労引当金の計上方法

         早期退職慰労の支払に備えて、早期退職慰労支給見込額の当事業年度負担額を計上しております。
     5.　　外貨建の資産又は負債の本邦通貨への換算基準

       外貨建金銭債権債務は、期末の直物為替相場により円貨に換算し、換算差額は損益として処理しております。
     6.　　その他財務諸表作成のための基本となる重要な事項

       (1)  　消費税等の処理方法
         消費税等の会計処理は、税抜方式によっております。
       (2)  　連結納税制度の適用
         親会社であるブラックロック・ジャパン・ホールディングス合同会社を連結納税親会社として、連結納税制度
         を適用しております。
     （未適用の会計基準等）

     「収益認識に関する会計基準」（企業会計基準第29号　2018年3月30日）
     「収益認識に関する会計基準の適用指針」（企業会計基準適用指針第30号　2018年3月30日）
       (1)  　概要
         収益認識に関する包括的な会計基準であります。収益は、次の５つのステップを適用し認識されます。
         ステップ１：顧客との契約を識別する。
         ステップ２：契約における履行義務を識別する。
         ステップ３：取引価格を算定する。
         ステップ４：契約における履行義務に取引価格を配分する。
         ステップ５：履行義務を充足したときに又は充足するにつれて収益を認識する。
       (2)  　適用予定日
         2022年12月期の期首より適用予定であります。
       (3)  　当該会計基準等の適用による影響
         影響額は、当財務諸表の作成時において評価中であります。
     （表示方法の変更）

     （「『税効果会計に係る会計基準』の一部改正」の早期適用に伴う変更）
     「『税効果会計に係る会計基準』の一部改正」（企業会計基準28号　2018年2月16日。以下「税効果会計基準一部改
     正」）という。）が当事業年度の期末から適用できるようになったことに伴い、当事業年度から税効果会計基準一部改
     正を適用し、繰延税金資産は投資その他の資産の区分に表示し、繰延税金負債は固定負債の区分に表示する方法に変更
     するとともに、税効果会計関係注記を変更しました。
      この結果、前事業年度の貸借対照表において、「流動資産」の「繰延税金資産」860百万円及び「固定負債」の「繰延
     税金負債」74百万円は、「投資その他の資産」の「繰延税金資産」786百万円に含めて表示しております。
                                221/242





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     （貸借対照表関係）
     ※１　有形固定資産の減価償却累計額
                              前事業年度                  当事業年度
                            (2017年12月31日)                  (2018年12月31日)
     建物附属設備                        1,346　百万円                  1,525　百万円
     器具備品                         821　百万円                  950　百万円
     ※２　関係会社に対する資産及び負債

     各科目に含まれているものは次のとおりであります。
                              前事業年度                  当事業年度
                            (2017年12月31日)                  (2018年12月31日)
     未収収益                         508　百万円                  554　百万円
     未払金                        1,713　百万円                  1,168　百万円
     未払費用                         356　百万円                  385　百万円
     㯿ጰ_卹㸰漰Ɛ䮎작터湒륳蝶萰檊뾐吰銈䰰䘰弰腓홟ᖒ肈䳿ኈ䰰桟卞ꞌ뢍詙兽а鉽倰地昰䨰訰縰夰Ȱ匰谰襙兽а歗

     づく事業年度末の借入未実行残高は次のとおりであります。
                              前事業年度                  当事業年度
                            (2017年12月31日)                  (2018年12月31日)
     当座貸越極度額                        1,000　百万円                  1,000　百万円
     借入実行残高                          －                  －
     差引額                        1,000　百万円                  1,000　百万円
     （損益計算書関係）

     ※１　関係会社に対する営業収益及び営業費用
     各科目に含まれているものは次のとおりであります。
                             前事業年度                  当事業年度
                           (自　2017年      1月  1日          (自　2018年      1月  1日
                           至　2017年12月31日)                  至　2018年12月31日)
     その他営業収益                        4,670　百万円                  5,680　百万円
     委託調査費                         438　百万円                  704　百万円
     事務委託費                         824　百万円                  864　百万円
     運用受託報酬                          48　百万円                  149　百万円
                                222/242








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     （株主資本等変動計算書関係）
     前事業年度　(自　2017年1月1日　至　2017年12月31日)
     1.　　発行済株式に関する事項
                 前事業年度期首             増加          減少        前事業年度末
      普通株式（株）              10,158           4,842            －        15,000
     2.　　自己株式に関する事項

       該当事項はありません。
     3.　　新株予約権及び自己新株予約権に関する事項

       該当事項はありません。
     4.　　配当に関する事項

       該当事項はありません。
     当事業年度　(自　2018年1月1日　至　2018年12月31日)

     1.　　発行済株式に関する事項
                 当事業年度期首             増加          減少        当事業年度末
      普通株式（株）              15,000             －          －        15,000
     2.　　自己株式に関する事項

       該当事項はありません。
     3.　　新株予約権及び自己新株予約権に関する事項

       該当事項はありません。
     4.　　配当に関する事項

       該当事項はありません。
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     （金融商品関係）
     1.　　金融商品の状況に関する事項
       (1)  　金融商品に対する取組方針
         当社は、資金運用については短期的な預金等に限定し、また、資金調達については関連当事者からの長期借入
         に限定しています。
         投資有価証券は、当社設定の投資信託であり、通常の営業過程において保有しております。
         デリバティブについては、外貨建て営業債権及び債務の為替変動リスクを回避するために利用し、投機的な取
         引は行っておりません。
       (2)  　金融商品の内容及びそのリスク並びにリスク管理体制

         営業債権である未収委託者報酬及び未収運用受託報酬は、顧客の信用リスクに晒されています。当該リスクに
         関しては、当社の経理規程に従い、取引先ごとの期日管理及び残高管理を行い、個別に未収債権の回収可能性
         を管理する体制をしいております。
         営業債務である未払手数料はその全てが1年以内の支払期日となっております。
         営業債務は流動性リスクに晒されていますが、当社では資金繰計画を作成するなどの方法により管理しており
         ます。
     2.　　金融商品の時価等に関する事項

       貸借対照表計上額、時価及びこれらの差額については、次のとおりであります。なお、金額的重要性が低いものに
       ついては含めておりません。
     前事業年度　（2017年12月31日）

                          貸借対照表計上額               時価            差額
                            （百万円）            （百万円）            （百万円）
     (1)　現金・預金                         19,097            19,097              －
     (2)　未収委託者報酬                          1,585            1,585             －
     (3)　未収運用受託報酬                          2,642            2,642             －
     (4)　未収収益                          1,384            1,384             －
     (5)　長期差入保証金                          1,124            1,109            △14
             資産計                 25,834            25,819             △14
     (1)　未払手数料                           593            593            －
     (2)　未払費用                          1,245            1,245             －
             負債計                  1,838            1,838             －
                                224/242








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     当事業年度　（2018年12月31日）
                          貸借対照表計上額               時価            差額
                            （百万円）            （百万円）            （百万円）
     (1)　現金・預金                         23,891            23,891              －
     (2)　未収委託者報酬                          1,588            1,588             －
     (3)　未収運用受託報酬                          2,291            2,291             －
     (4)　未収収益                          1,402            1,402             －
     (5)　長期差入保証金                          1,119            1,112             △6
             資産計                 30,293            30,287             △6
     (1)　未払手数料                           515            515            －
     (2)　未払費用                          1,039            1,039             －
             負債計                  1,554            1,554             －
     (注1)   　金融商品の時価の算定方法に関する事項
     資　産
     (1)  現金・預金、(2)        未収委託者報酬、(3)          未収運用受託報酬及び(4)            未収収益
       これらは短期間で決済されるため、時価は帳簿価額にほぼ等しいことから、当該帳簿価額によっています。
     (5)  長期差入保証金

       事務所敷金の時価については、事務所の敷金を当該賃貸借契約期間を基にしたインターバンク市場で取引されてい
       る円金利スワップレートで割り引いて算定する方法によっています。また従業員社宅敷金の時価については、平均
       残存勤務期間を基にしたインターバンク市場で取引されている円金利スワップレートで割り引いて算定する方法に
       よっています。
     負　債

     (1)  未払手数料、(2)        未払費用
       これらは短期間で決済されるため、時価は帳簿価額にほぼ等しいことから、当該帳簿価額によっています。
     (注2)   　金銭債権の決算日後の償還予定額

     前事業年度（2017年12月31日）
                      1年以内        1年超        5年超        10年超
                              5年以内        10年以内
                      （百万円）        （百万円）        （百万円）        （百万円）
     (1)　現金・預金                 19,097          －        －        －
     (2)　未収委託者報酬                  1,585         －        －        －
     (3)　未収運用受託報酬                  2,642         －        －        －
     (4)　未収収益                  1,384         －        －        －
     (5)　長期差入保証金                   －      1,051         61        11
           合計           24,709        1,051         61        11
                                225/242





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                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     当事業年度（2018年12月31日）
                      1年以内        1年超        5年超        10年超
                              5年以内        10年以内
                      （百万円）        （百万円）        （百万円）        （百万円）
     (1)　現金・預金                 23,891          －        －        －
     (2)　未収委託者報酬                  1,588         －        －        －
     (3)　未収運用受託報酬                  2,291         －        －        －
     (4)　未収収益                  1,402         －        －        －
     (5)　長期差入保証金                   －      1,051         56        11
           合計           29,174        1,051         56        11
     （有価証券関係）

     前事業年度　(2017年12月31日)
      その他有価証券
                         種類     貸借対照表計上額          取得原価         差額

                                （百万円）        （百万円）        （百万円）
                       その他
         貸借対照表計上額が取得原
         価を超えるもの
                       　投資信託             3        3        0
                   合計                 3        3        0
     当事業年度　(2018年12月31日)

      その他有価証券
                         種類     貸借対照表計上額          取得原価         差額

                                （百万円）        （百万円）        （百万円）
                       その他
         貸借対照表計上額が取得原
         価を超えないもの
                       　投資信託            11        12         0
                   合計                 11        12         0
     （退職給付関係）

     前事業年度　(自　2017年1月1日　至　2017年12月31日)
     1.　　採用している退職給付制度の概要
       当社は、旧バークレイズ・グローバル・インベスターズ株式会社で設けられていた、①旧退職金制度を引き続き有
       しています。当社は、平成21年12月2日に旧ブラックロック・ジャパン株式会社との合併に伴い、旧ブラックロッ
       ク・ジャパン株式会社における退職年金制度（②確定拠出年金制度及び③確定給付年金制度）を承継しました。ま
       た、平成23年1月1日付で旧バークレイズ・グローバル・インベスターズ株式会社から引き継いだ適格退職年金制度
       はキャッシュ・バランス型の③確定給付年金制度に移行しました。従って、平成23年1月1日以降、①から③の三つ
       の制度を有しています。
                                226/242






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     2.　　確定給付制度
       (1)  　退職給付債務の期首残高と期末残高の調整表
                                   （単位：百万円）
                                  前事業年度
                                (自  2017年    1月  1日
                                至  2017年12月31日)
     退職給付債務の期首残高                                1,745
     　勤務費用                                 268
     　利息費用                                  8
     　数理計算上の差異の発生額                                 △20
     　退職給付の支払額                                △170
     退職給付債務の期末残高                                1,832
       (2)  　年金資産の期首残高と期末残高の調整表

                                   （単位：百万円）
                                  前事業年度
                                (自  2017年    1月  1日
                                至  2017年12月31日)
     年金資産の期首残高                                2,381
     　期待運用収益                                  19
     　数理計算上の差異の発生額                                  83
     　事業主からの拠出額                                 290
     　退職給付の支払額                                △153
     年金資産の期末残高                                2,621
       (3)  　退職給付債務及び年金資産の期末残高と貸借対照表に計上された退職給付引当金及び前払年金費用の調整表

                                   （単位：百万円）
                                  前事業年度
                                 (2017年12月31日)
     積立型制度の退職給付債務                                1,776
     年金資産                               △2,621
                                     △845
     非積立型制度の退職給付債務                                  55
     未積立退職給付債務                                △789
     未認識数理計算上の差異                                 242
     未認識過去勤務費用                                  13
     貸借対照表に計上された負債と資産の純額                                △532
     退職給付引当金                                  55
     前払年金費用                                △588
     貸借対照表に計上された負債と資産の純額                                △532
                                227/242




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       (4)  　退職給付費用及びその内訳項目の金額
                                   （単位：百万円）
                                  前事業年度
                                (自  2017年    1月  1日
                                至  2017年12月31日)
     勤務費用                                 268
     利息費用                                  8
     期待運用収益                                 △19
     数理計算上の差異の費用処理額                                 △35
     過去勤務費用の処理額                                 △6
     確定給付制度に係る退職給付費用合計                                 216
     特別退職金                                 119
     合計                                 335
       (5)  　年金資産に関する事項

        ①年金資産の主な内訳
         年金資産合計に対する主な分類ごとの比率は、次のとおりであります。
                                  前事業年度
                                 (2017年12月31日)
     合同運用                                 100%
     合計                                 100%
       合同運用による年金資産の主な商品分類ごとの比率は、債券73%、株式22%及びその他3%となっております。
        ②長期期待運用収益率の算定方法

         年金資産の長期期待運用収益率を決定するため、現在及び予想される年金資産の配分と、年金資産を構成する
         多様な資産からの現在及び将来期待される長期の収益率を考慮しております。
       (6)  　数理計算上の計算基礎に関する事項

                                  前事業年度
                                (自  2017年    1月  1日
                                至  2017年12月31日)
     割引率                                 0.4%
     長期期待運用収益率                                 0.9%
     3.　　確定拠出制度

       当社の確定拠出制度への要拠出額は、71百万円でありました。
     当事業年度　(自　2018年1月1日　至　2018年12月31日)

     1.　　採用している退職給付制度の概要
       当社は、旧バークレイズ・グローバル・インベスターズ株式会社で設けられていた、①旧退職金制度を引き続き有
       しています。当社は、平成21年12月2日に旧ブラックロック・ジャパン株式会社との合併に伴い、旧ブラックロッ
       ク・ジャパン株式会社における退職年金制度（②確定拠出年金制度及び③確定給付年金制度）を承継しました。ま
       た、平成23年1月1日付で旧バークレイズ・グローバル・インベスターズ株式会社から引き継いだ適格退職年金制度
       はキャッシュ・バランス型の③確定給付年金制度に移行しました。従って、平成23年1月1日以降、①から③の三つ
       の制度を有しています。
                                228/242



                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     2.　　確定給付制度
       (1)  　退職給付債務の期首残高と期末残高の調整表
                                   （単位：百万円）
                                  当事業年度
                                (自  2018年    1月  1日
                                至  2018年12月31日)
     退職給付債務の期首残高                                1,832
     　勤務費用                                 269
     　利息費用                                  7
     　数理計算上の差異の発生額                                  11
     　退職給付の支払額                                △138
     　過去勤務費用の発生額                                 △47
     退職給付債務の期末残高                                1,934
       (2)  　年金資産の期首残高と期末残高の調整表

                                   （単位：百万円）
                                  当事業年度
                                (自  2018年    1月  1日
                                至  2018年12月31日)
     年金資産の期首残高                                2,621
     　期待運用収益                                  23
     　数理計算上の差異の発生額                                △113
     　事業主からの拠出額                                 303
     　退職給付の支払額                                △138
     年金資産の期末残高                                2,696
       (3)  　退職給付債務及び年金資産の期末残高と貸借対照表に計上された退職給付引当金及び前払年金費用の調整表

                                   （単位：百万円）
                                  当事業年度
                                 (2018年12月31日)
     積立型制度の退職給付債務                                1,874
     年金資産                               △2,696
                                     △821
     非積立型制度の退職給付債務                                  60
     未積立退職給付債務                                △761
     未認識数理計算上の差異                                  73
     未認識過去勤務費用                                  52
     貸借対照表に計上された負債と資産の純額                                △635
     退職給付引当金                                  60
     前払年金費用                                △696
     貸借対照表に計上された負債と資産の純額                                △635
                                229/242




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                                                 有価証券報告書（内国投資信託受益証券）
       (4)  　退職給付費用及びその内訳項目の金額
                                   （単位：百万円）
                                  当事業年度
                                (自  2018年    1月  1日
                                至  2018年12月31日)
     勤務費用                                 269
     利息費用                                  7
     期待運用収益                                 △23
     数理計算上の差異の費用処理額                                 △44
     過去勤務費用の処理額                                 △8
     確定給付制度に係る退職給付費用合計                                 200
     特別退職金                                  84
     合計                                 285
       (5)  　年金資産に関する事項

        ①年金資産の主な内訳
         年金資産合計に対する主な分類ごとの比率は、次のとおりであります。
                                  当事業年度
                                 (2018年12月31日)
     合同運用                                 100%
     合計                                 100%
       合同運用による年金資産の主な商品分類ごとの比率は、債券77%、株式20%及びその他3%となっております。
        ②長期期待運用収益率の算定方法

         年金資産の長期期待運用収益率を決定するため、現在及び予想される年金資産の配分と、年金資産を構成する
         多様な資産からの現在及び将来期待される長期の収益率を考慮しております。
       (6)  　数理計算上の計算基礎に関する事項

                                  当事業年度
                                (自  2018年    1月  1日
                                至  2018年12月31日)
     割引率                                 0.6%
     長期期待運用収益率                                 1.0%
     3.　　確定拠出制度

       当社の確定拠出制度への要拠出額は、75百万円でありました。
                                230/242







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     （税効果会計関係）
     1.      繰延税金資産及び繰延税金負債の発生の主な原因別の内訳
                                                 （単位：百万円）
                                 前事業年度              当事業年度
                                (2017年12月31日)              (2018年12月31日)
       繰延税金資産
       　未払費用                                  206              167
       　賞与引当金                                  537              591
       　資産除去債務                                   80              239
       　資産調整勘定                                   ▶              -
       　未払事業税                                   74              83
       　早期退職慰労引当金                                   2              13
       　退職給付引当金                                   17              18
       　有形固定資産                                   ▶              3
                                         44              96
       　その他
       繰延税金資産合計
                                         973             1,213
       繰延税金負債
       　退職給付引当金                                 △180              △213
                                         △6             △152
       　資産除去債務に対応する除去費用
       繰延税金負債合計                                 △186              △365
       繰延税金資産の純額                                  786              848
      （注）　前事業年度及び当事業年度における繰延税金資産の純額は、貸借対照表の以下の項目に含まれております。

                                                 （単位：百万円）
                                 前事業年度               当事業年度
                               (2017年12月31日)               (2018年12月31日)
        固定資産－繰延税金資産
                                        786               848
     2.　　法定実効税率と税効果会計適用後の法人税等の負担率との差異の原因となった主な項目別の内訳

                                    前事業年度             当事業年度
                                  (2017年12月31日)             (2018年12月31日)
       法定実効税率
                                      30.9   ％          30.9   ％
       （調整）
       　交際費等永久に損金に算入されない項目                                2.1             1.0
       　損金不算入ののれん償却額                                0.2             0.2
       　税率変更による期末繰延税金資産の減額修正                                0.2             0.1
       　所得拡大促進税制による税額控除                               △1.8             △1.9
                                       0.4             0.8
       　その他
       税効果会計適用後の法人税等の負担率                               32.0   ％          31.1   ％
                                231/242




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     （資産除去債務関係）
     資産除去債務のうち貸借対照表に計上しているもの
     1.　　当該資産除去債務の概要
       当社事業所の定期建物賃貸借契約に伴う原状回復義務等であります。
     2.　　当該資産除去債務の金額の算定方法

       使用見込期間を当該定期建物賃貸借契約上の賃貸借期間約5年と見積り、割引率は0.16%～0.18%を使用して資産除去
       債務の金額を計算しております。当事業年度において、資産の除去時点において必要とされる除去費用の見積額
       が、固定資産の取得時における見積額を大幅に超過することが明らかになったことから、見積もりの変更による増
       加額を0.16％で割り引き、資産除去債務残高が440百万円増加しております。
     3.　　当該資産除去債務の総額の増減

                                                  （単位：百万円）
                                  前事業年度              当事業年度
                                (自  2017年    1月  1日       (自  2018年    1月  1日
                                至  2017年12月31日)             至  2018年12月31日)
     期首残高                                258              262
     有形固定資産の取得に伴う増加額                                 -              75
     見積りの変更による増加額                                 -             440
     時の経過による調整額                                 3              3
     資産除去債務の履行による減少額                                 -              -
     期末残高                                262              781
     （デリバティブ取引関係）

     前事業年度　(2017年12月31日)
     ヘッジ会計が適用されていないデリバティブ取引
         通貨関連　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　（単位：百万円）
            区分          種類       契約額等              時価      評価損益

                                   うち１年超
                  為替予約取引
         市場取引以外の
                  　買建
         取引
                  　　　　米ドル              69       -       0       0
                 合計               69       -       0       0
        （注）時価の算定方法　先物為替相場に基づき算定しております。
     当事業年度　(2018年12月31日)

     ヘッジ会計が適用されていないデリバティブ取引
         通貨関連　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　　（単位：百万円）
            区分          種類       契約額等              時価      評価損益

                                   うち１年超
                  為替予約取引
         市場取引以外の
                  　買建
         取引
                  　　　　米ドル              164        -      △3       △3
                 合計               164        -      △3       △3
        （注）時価の算定方法　先物為替相場に基づき算定しております。
                                232/242




                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     （セグメント情報等）
     前事業年度　(自　2017年1月1日　至　2017年12月31日)
     1.　　セグメント情報
       当社は主として投資運用業の単一セグメントであるため、記載を省略しております。
     2.　　関連情報

       (1)  　製品及びサービスごとの情報
                                                    （単位：百万円）
                    委託者報酬          運用受託報酬            その他           合計
        外部顧客営業収益               5,202           8,890          12,257           26,350
       (2)　   地域ごとの情報

         ①　　売上高
                                                    （単位：百万円）
            日本             北米             その他              合計
              13,186             10,831              2,332             26,350
            （注）　売上高は顧客の所在地を基礎とし、国又は地域に分類しております。
         ②　　有形固定資産

           本邦に所在している有形固定資産の金額が貸借対照表の有形固定資産の金額の90%を超えるため、記載を省
           略しております。
       (3)  　主要な顧客ごとの情報

         営業収益の10%以上を占める主要な顧客は以下のとおりです。
                                                    （単位：百万円）
                    相手先                   営業収益        関連するセグメント名
       ブラックロック・ファイナンシャル・マネジメント・インク                                 4,719          投資運用業
       ブラックロック・ファンド・アドバイザーズ                                 3,512          投資運用業
     3.　　報告セグメントごとの固定資産の減損損失に関する情報

       該当事項はありません。
     4.　　報告セグメントごとののれんの償却額及び未償却残高に関する情報

       当社は主として投資運用業の単一セグメントであるため、記載を省略しております。
     5.　　報告セグメントごとの負ののれん発生益に関する情報

       該当事項はありません。
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                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     当事業年度　(自　2018年1月1日　至　2018年12月31日)
     1.　　セグメント情報
       当社は主として投資運用業の単一セグメントであるため、記載を省略しております。
     2.　　関連情報

       (1)  　製品及びサービスごとの情報
                                                    （単位：百万円）
                    委託者報酬          運用受託報酬            その他           合計
        外部顧客営業収益               5,639           8,523          13,511           27,674
       (2)　   地域ごとの情報

         ①　　売上高
                                                    （単位：百万円）
            日本             北米             その他              合計
              13,237             11,293              3,143             27,674
            （注）　売上高は顧客の所在地を基礎とし、国又は地域に分類しております。
         ②　　有形固定資産

           本邦に所在している有形固定資産の金額が貸借対照表の有形固定資産の金額の90%を超えるため、記載を省
           略しております。
       (3)  　主要な顧客ごとの情報

         営業収益の10%以上を占める主要な顧客は以下のとおりです。
                                                    （単位：百万円）
                    相手先                   営業収益        関連するセグメント名
       ブラックロック・ファイナンシャル・マネジメント・インク                                 5,830          投資運用業
       ブラックロック・ファンド・アドバイザーズ                                 3,458          投資運用業
     3.　　報告セグメントごとの固定資産の減損損失に関する情報

       該当事項はありません。
     4.　　報告セグメントごとののれんの償却額及び未償却残高に関する情報

       当社は主として投資運用業の単一セグメントであるため、記載を省略しております。
     5.　　報告セグメントごとの負ののれん発生益に関する情報

       該当事項はありません。
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                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     （関連当事者情報）
     1.　　関連当事者との取引
        財務諸表提出会社と関連当事者との取引
       (1)  　財務諸表提出会社の親会社及び主要株主（会社等に限る。）等
          前事業年度　（自　2017年1月1日　至　2017年12月31日）
                                     関連
           会社等の                事業の    議決権等の
                                          取引の     取引金額          期末残高
                      資本金又
      種類      名称又は       所在地        内容又は    所有(被所有)      当事者               科目
                      は出資金
                                          内容    (百万円)          (百万円)
            氏名               職業    割合(%)
                                    との関係
                                         運用受託報酬        48
                                                   未収収益       508
                       14,286         (被所有)
        ブラックロック・ファ          米国                  投資顧問
                                         受入手数料       4,670
                           投資
     親会社   イナンシャル・マネジ          ニュー     百万         間接     契約の
                           顧問業
                                         委託調査費        438   未払費用       356
        メント・インク         ヨーク州                  再委任等
                       米ドル          100
                                                           67
                                         事務委託費        824  その他未払金
                                (被所有)
        ブラックロック・ジャ
                   日本                  株式の
     親会社   パン・ホールディング              1万円    持株会社      直接         営業外収益        0 その他未払金      1,645　
                  東京都                  保有等
        ス合同会社
                                 100
          当事業年度　（自　2018年1月1日　至　2018年12月31日）

                                     関連
           会社等の                事業の    議決権等の
                                          取引の     取引金額          期末残高
                      資本金又
      種類      名称又は       所在地        内容又は    所有(被所有)      当事者               科目
                      は出資金
                                          内容    (百万円)          (百万円)
            氏名               職業    割合(%)
                                    との関係
                                        運用受託報酬        149
                                                   未収収益       554
                        73        (被所有)
        ブラックロック・ファ          米国                  投資顧問
                                         受入手数料       5,680
                           投資
     親会社   イナンシャル・マネジ          ニュー     百万         間接    契約の
                           顧問業
                                         委託調査費        704   未払費用       385
        メント・インク         ヨーク州                  再委任等
                       米ドル          100
                                                          165
                                         事務委託費        864  その他未払金
                               (被所有)
        ブラックロック・ジャ
                   日本                  株式の
     親会社   パン・ホールディング              1万円    持株会社      直接         営業外収益        - その他未払金       1,002
                  東京都                  保有等
        ス合同会社
                                 100
       (2)  　財務諸表提出会社の子会社及び関連会社等

          前事業年度　（自　2017年1月1日　至　2017年12月31日）
          該当事項はありません。
          当事業年度　（自　2018年1月1日　至　2018年12月31日）

          該当事項はありません。
                                235/242









                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
       (3)  　財務諸表提出会社と同一の親会社を持つ会社等及び財務諸表提出会社のその他の関係会社の子会社等
          前事業年度　（自　2017年1月1日　至　2017年12月31日）
                                      関連
                            事業の
            会社等の                    議決権等の
                                          取引の    取引金額          期末残高
                       資本金又
      種類      名称又は        所在地            所有(被所有)      当事者              科目
                           内容又は
                       は出資金
                                           内容    (百万円)          (百万円)
            氏名                    割合(%)
                            職業
                                     との関係
                                         受入手数料      3,512    未収収益       296
     同一の              米国                  投資顧問
                        1,000     投資
         ブラックロック・ファ
     親会社を             カリフォル               なし     契約の    委託調査費        77
         ンド・アドバイザーズ
                        米ドル    顧問業
                                                   未払費用        17
     持つ会社              ニア州                  再委任等
                                         事務委託費        10
                                         受入手数料       363   未収収益        28
                        314
     同一の    ブラックロック・イン           米国                  投資顧問
                            投資
     親会社を    ベストメント・マネジ         デラウェア               なし     契約の    委託調査費      1,427    未払費用       129
                        百万
                            顧問業
     持つ会社    メント・エルエルシー           州                 再委任等
                        米ドル
                                         事務委託費       119  その他未払金         1
        当事業年度　（自　2018年1月1日　至　2018年12月31日）

                                      関連
                            事業の
            会社等の                    議決権等の
                                          取引の    取引金額          期末残高
                       資本金又
      種類      名称又は        所在地            所有(被所有)      当事者              科目
                           内容又は
                       は出資金
                                           内容    (百万円)          (百万円)
            氏名                    割合(%)
                            職業
                                     との関係
                                         受入手数料      3,458    未収収益       330
     同一の              米国                  投資顧問
         ブラックロック・ファ               1,000     投資
     親会社を             カリフォル               なし     契約の    委託調査費        37
         ンド・アドバイザーズ
                        米ドル    顧問業
                                                   未払費用        ▶
     持つ会社              ニア州                  再委任等
                                         事務委託費        8
     （注)　１．取引条件及び取引条件の決定方針等

         (1)  運用受託報酬については、一般取引条件と同様に決定しております。
         (2)  受入手数料については、一般取引条件と同様に決定しております。
         (3)  委託調査費については、一般取引条件と同様に決定しております。
         (4)  事務委託費については、一般取引条件と同様に決定しております。
     2.　　親会社に関する注記

       (1)  　親会社情報
         ブラックロック・インク（ニューヨーク証券取引所に上場）
         ブラックロック・ファイナンシャル・マネジメント・インク（非上場）
         ブラックロック・ジャパン・ホールディングス合同会社（非上場）
     （１株当たり情報）

                              前事業年度              当事業年度
                            (自  2017年    1月  1日       (自  2018年    1月  1日
              項目
                            至  2017年12月31日)             至  2018年12月31日)
     １株当たり純資産額                      1,469,634      円  10  銭    1,828,761      円  92  銭
     １株当たり当期純利益金額                        456,306     円  62  銭     359,180     円  40  銭
     （注)　１．潜在株式調整後１株当たり当期純利益金額については、潜在株式が存在しないため記載しておりません。
         ２．１株当たり当期純利益金額の算定上の基礎は、以下のとおりであります。
                              前事業年度               当事業年度
                           (自  2017年    1月  1日       (自  2018年    1月  1日
                 項目
                            至  2017年12月31日)             至  2018年12月31日)
     当期純利益              （百万円）              4,786               5,387
     普通株主に帰属しない金額              （百万円）                －               －
     普通株式に係る当期純利益              （百万円）              4,786               5,387
     普通株式の期中平均株式数                （株）            10,490               15,000
     独立監査人の監査報告書は、当事業年度（自　2018年1月1日　至2018年12月31日）を対象としております。

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                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     ４【利害関係人との取引制限】
       委託会社は、金融商品取引法の定めるところにより、利害関係人との取引について、次に掲げる行為が禁止されて
      います。
      (1)  自己又はその取締役若しくは執行役との間における取引を行なうことを内容とした運用を行なうこと(投資者の保
       護に欠け、若しくは取引の公正を害し、又は金融商品取引業の信用を失墜させるおそれがないものとして内閣府令
       で定めるものを除きます。)。
      (2)  運用財産相互間において取引を行なうことを内容とした運用を行なうこと(投資者の保護に欠け、若しくは取引の
       公正を害し、又は金融商品取引業の信用を失墜させるおそれがないものとして金融商品取引業等に関する内閣府令
       で定めるものを除きます。)。
      (3)  通常の取引の条件と異なる条件であって取引の公正を害するおそれのある条件で、委託会社の親法人等(委託会社
       の総株主等の議決権の過半数を保有していることその他の委託会社と密接な関係を有する法人その他の団体として
       金融商品取引法施行令で定める要件に該当する者をいいます。以下(4)(5)において同じ。)又は子法人等(委託会社
       が総株主等の議決権の過半数を保有していることその他の委託会社と密接な関係を有する法人その他の団体として
       政令で定める要件に該当する者をいいます。以下同じ。)と有価証券の売買その他の取引又は金融デリバティブ取引
       を行なうこと。
      (4)  委託会社の親法人等又は子法人等の利益を図るため、その行なう投資運用業に関して運用の方針、運用財産の額
       若しくは市場の状況に照らして不必要な取引を行なうことを内容とした運用を行なうこと。
      (5)  上記に掲げるもののほか、投資者の保護に欠け、若しくは取引の公正を害し、又は金融商品取引業の信用を失墜
       させるおそれのあるものとして金融商品取引業等に関する内閣府令で定める行為。
                                237/242













                                                           EDINET提出書類
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                                                 有価証券報告書（内国投資信託受益証券）
     ５【その他】
       定款の変更、事業譲渡または事業譲受、出資の状況その他の重要事項
           変更年月日                          変更事項

          2007年９月18日          証券業登録に伴う商号変更（「バークレイズ・グローバル・インベスターズ証券投
                   信投資顧問株式会社」に変更）のため、定款変更を行ないました。
          2007年９月30日          商号変更（「バークレイズ・グローバル・インベスターズ株式会社」に変更）のた
                   め、定款変更を行ないました。
          2007年９月30日          公告の方法を変更するため、定款変更を行ないました。
          2007年12月27日          事業を営むことの目的を変更するため、定款変更を行ないました。
          2008年７月１日          グループ会社の１つであるバークレイズ・グローバル・インベスターズ・サービス
                   株式会社を吸収合併し、それに伴い資本金の額を変更いたしました。
          2008年７月１日          株式取扱規則に関する記述を追加するため、定款変更を行ないました。
          2009年６月22日          本店所在地変更のため、定款変更を行ないました。
          2009年12月２日          ブラックロック・ジャパン株式会社と合併
                   商号変更（「ブラックロック・ジャパン株式会社」に変更）および定款変更を行な
                   いました。
          2011年４月１日          グループ会社であるブラックロック証券株式会社を吸収合併し、それに先立ち定款
                   変更および資本金の額の変更を行ないました。
          2013年10月５日          MGPA   Japan   LLCより不動産投資関連の事業を譲受し、それに先立ち定款変更を行な
                   いました。
          2014年12月１日          決算期を３月31日から12月31日に変更するため、定款変更を行ないました。
                                238/242












                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     第２【その他の関係法人の概況】
     １【名称、資本金の額及び事業の内容】

      (1)  受託会社
       ・名称         みずほ信託銀行株式会社
       ・資本金の額         247,369百万円（2019年３月末現在）
       ・事業の内容         銀行法に基づき、銀行業を営むとともに、金融機関の信託業務の兼営等に関する法律（兼営
                法）に基づき信託業務を営んでいます。
      ＜再信託受託会社の概要＞

       ・名称         資産管理サービス信託銀行株式会社
       ・資本金         50,000百万円（2019年３月末現在）
       ・事業の内容         銀行法に基づき、銀行業を営むとともに、金融機関の信託業務の兼営等に関する法律(兼営
                法)に基づき信託業務を営んでいます。
       ・再信託の目的         原信託契約にかかる信託業務の一部（信託財産の管理）を原信託受託会社から再信託受託
                会社（資産管理サービス信託銀行株式会社）へ委託するため、原信託財産の全てを再信託
                受託会社へ移管することを目的とします。
      (2)  販売会社

                       資本金の額(百万円)
            名称                               事業の内容
                       (2019年３月末現在)
                                  金融商品取引法に定める第一種金融商品取引業を
     ＳＭＢＣ日興証券株式会社                     10,000
                                  営んでいます。
     ２【関係業務の概要】

      (1)  受託会社
        受託会社（受託者）として、ファンドの信託財産の保管・管理・計算、外国証券を保管・管理する外国の保管銀
       行への指図・連絡等を行ないます。
      (2)  販売会社

        ファンドの取扱販売会社として、募集の取扱いおよび販売を行ない、換金に関する事務、収益分配金の再投資に
       関する事務、換金代金・収益分配金・償還金の支払いに関する事務等を行ないます。
     ３【資本関係】

      (1)  受託会社
        該当事項はありません。
      (2)  販売会社

        該当事項はありません。
                                239/242






                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
     第３【参考情報】
      当計算期間において、ファンドに係る金融商品取引法第25条第１項各号に掲げる書類は、以下の通り提出されており

     ます。
       2019年３月15日            有価証券報告書、有価証券届出書

                                240/242


















                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                         独立監査人の監査報告書
                                                     2019年2月28日

     ブラックロック・ジャパン株式会社
      取締役会　御中
                             有限責任監査法人ト　ー　マ　ツ

                               指定有限責任社員

                                        公認会計士　　田　　中　　素　　子
                               業務執行社員
                               指定有限責任社員

                                        公認会計士　　中　　島　　紀　　子
                               業務執行社員
      当監査法人は、金融商品取引法第193条の2第1項の規定に基づく監査証明を行うため、「委託会社等の経理状況」に掲

     げられているブラックロック・ジャパン株式会社の2018年1月1日から2018年12月31日までの第32期事業年度の財務諸
     表、すなわち、貸借対照表、損益計算書、株主資本等変動計算書、重要な会計方針及びその他の注記について監査を
     行った。
     財務諸表に対する経営者の責任

      経営者の責任は、我が国において一般に公正妥当と認められる企業会計の基準に準拠して財務諸表を作成し適正に表
     示することにある。これには、不正又は誤謬による重要な虚偽表示のない財務諸表を作成し適正に表示するために経営
     者が必要と判断した内部統制を整備及び運用することが含まれる。
     監査人の責任

      当監査法人の責任は、当監査法人が実施した監査に基づいて、独立の立場から財務諸表に対する意見を表明すること
     にある。当監査法人は、我が国において一般に公正妥当と認められる監査の基準に準拠して監査を行った。監査の基準
     は、当監査法人に財務諸表に重要な虚偽表示がないかどうかについて合理的な保証を得るために、監査計画を策定し、
     これに基づき監査を実施することを求めている。
      監査においては、財務諸表の金額及び開示について監査証拠を入手するための手続が実施される。監査手続は、当監
     査法人の判断により、不正又は誤謬による財務諸表の重要な虚偽表示のリスクの評価に基づいて選択及び適用される。
     財務諸表監査の目的は、内部統制の有効性について意見表明するためのものではないが、当監査法人は、リスク評価の
     実施に際して、状況に応じた適切な監査手続を立案するために、財務諸表の作成と適正な表示に関連する内部統制を検
     討する。また、監査には、経営者が採用した会計方針及びその適用方法並びに経営者によって行われた見積りの評価も
     含め全体としての財務諸表の表示を検討することが含まれる。
      当監査法人は、意見表明の基礎となる十分かつ適切な監査証拠を入手したと判断している。
     監査意見

      当監査法人は、上記の財務諸表が、我が国において一般に公正妥当と認められる企業会計の基準に準拠して、ブラッ
     クロック・ジャパン株式会社の2018年12月31日現在の財政状態並びに同日をもって終了する事業年度の経営成績をすべ
     ての重要な点において適正に表示しているものと認める。
     利害関係

      会社と当監査法人又は業務執行社員との間には、公認会計士法の規定により記載すべき利害関係はない。
                                                        以　上

     (注)   １．上記は、監査報告書の原本に記載された事項を電子化したものであり、その原本は当社が別途保管しており

          ます。
        ２．ＸＢＲＬデータは監査の対象には含まれていません。
                                241/242


                                                           EDINET提出書類
                                                ブラックロック・ジャパン株式会社(E09096)
                                                 有価証券報告書（内国投資信託受益証券）
                  独　立　監　査　人　の　監　査　報　告　書

                                                     2019年８月７日

     ブラックロック・ジャパン株式会社
      取　締　役　会　御　中
                       ＰｗＣあらた有限責任監査法人

                         指定有限責任社員

                                    公認会計士　辻村　和之
                         業務執行社員
      当監査法人は、金融商品取引法第193条の２第１項の規定に基づく監査証明を行うため、「ファンドの経理状況」に掲

     げられているサイエンティフィック・エクイティ・ファンドの2018年12月21日から2019年６月20日までの計算期間の財
     務諸表、すなわち、貸借対照表、損益及び剰余金計算書、注記表並びに附属明細表について監査を行った。
     財務諸表に対する経営者の責任

      経営者の責任は、我が国において一般に公正妥当と認められる企業会計の基準に準拠して財務諸表を作成し適正に表
     示することにある。これには、不正又は誤謬による重要な虚偽表示のない財務諸表を作成し適正に表示するために経営
     者が必要と判断した内部統制を整備及び運用することが含まれる。
     監査人の責任

      当監査法人の責任は、当監査法人が実施した監査に基づいて、独立の立場から財務諸表に対する意見を表明すること
     にある。当監査法人は、我が国において一般に公正妥当と認められる監査の基準に準拠して監査を行った。監査の基準
     は、当監査法人に財務諸表に重要な虚偽表示がないかどうかについて合理的な保証を得るために、監査計画を策定し、
     これに基づき監査を実施することを求めている。
      監査においては、財務諸表の金額及び開示について監査証拠を入手するための手続が実施される。監査手続は、当監
     査法人の判断により、不正又は誤謬による財務諸表の重要な虚偽表示のリスクの評価に基づいて選択及び適用される。
     財務諸表監査の目的は、内部統制の有効性について意見表明するためのものではないが、当監査法人は、リスク評価の
     実施に際して、状況に応じた適切な監査手続を立案するために、財務諸表の作成と適正な表示に関連する内部統制を検
     討する。また、監査には、経営者が採用した会計方針及びその適用方法並びに経営者によって行われた見積りの評価も
     含め全体としての財務諸表の表示を検討することが含まれる。
      当監査法人は、意見表明の基礎となる十分かつ適切な監査証拠を入手したと判断している。
     監査意見

      当監査法人は、上記の財務諸表が、我が国において一般に公正妥当と認められる企業会計の基準に準拠して、サイエ
     ンティフィック・エクイティ・ファンドの2019年６月20日現在の信託財産の状態及び同日をもって終了する計算期間の
     損益の状況をすべての重要な点において適正に表示しているものと認める。
     利害関係

      ブラックロック・ジャパン株式会社及びファンドと当監査法人又は業務執行社員との間には、公認会計士法の規定に
     より記載すべき利害関係はない。
                                                       以　   上

     （注）１．上記は監査報告書の原本に記載された事項を電子化したものであり、その原本は当社が別途保管しておりま

          す。
        ２．XBRLデータは監査の対象には含まれていません。
                                242/242

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